Purchased Loans (Tables)

6 Months Ended

Jun. 30, 2014

Accounting for Acquired Loans Disclosure

Purchased Impaired Loans - Balances

Table 69: Purchased Impaired Loans - Balances
		June 30, 2014						December 31, 2013
In millions		Outstanding Balance (a)		Recorded Investment		Carrying Value			Outstanding Balance (a)		Recorded Investment		Carrying Value
Commercial lending
	Commercial	$	218	$	109	$	87		$	282	$	157	$	131
	Commercial real estate		458		370		284			655		516		409
Total commercial lending			676		479		371			937		673		540
Consumer lending
	Consumer		2,343		2,150		1,872			2,523		2,312		1,971
	Residential real estate		2,777		2,928		2,428			3,025		3,121		2,591
Total consumer lending			5,120		5,078		4,300			5,548		5,433		4,562
	Total	$	5,796	$	5,557	$	4,671		$	6,485	$	6,106	$	5,102
(a) Outstanding balance represents the balance on the loan servicing system for active loans. It is possible for the outstanding balance to be lower than the recorded investment for certain loans due to the use of pool accounting.

Purchased Impaired Loans - Accretable Yield

Activity for the accretable yield during the first six months of 2014 and 2013 follows:
Table 70: Purchased Impaired Loans - Accretable Yield
In millions		2014		2013
January 1		$	2,055	$	2,166
Accretion (including excess cash recoveries)			(309)		(368)
Net reclassifications to accretable from non-accretable (a)			208		379
Disposals			(18)		(13)
June 30		$	1,936	$	2,164
(a)	Approximately 78% and 58% of the net reclassifications for the six months ended June 30, 2014 and 2013, respectively, were within the consumer portfolio primarily due to increases in the expected average life of residential and home equity loans. The remaining net reclassifications were predominantly due to future cash flow improvements within the commercial portfolio.