XML 77 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Income Statement (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Loans $ 1,848,000,000 $ 1,933,000,000 $ 5,592,000,000 $ 5,917,000,000
Investment securities 387,000,000 423,000,000 1,226,000,000 1,315,000,000
Other 93,000,000 92,000,000 276,000,000 296,000,000
Total interest income 2,328,000,000 2,448,000,000 7,094,000,000 7,528,000,000
Interest Expense        
Deposits 81,000,000 84,000,000 239,000,000 263,000,000
Borrowed funds 143,000,000 130,000,000 427,000,000 384,000,000
Total interest expense 224,000,000 214,000,000 666,000,000 647,000,000
Net interest income 2,104,000,000 2,234,000,000 6,428,000,000 6,881,000,000
Noninterest Income        
Asset management 411,000,000 330,000,000 1,137,000,000 978,000,000
Consumer services 320,000,000 316,000,000 933,000,000 926,000,000
Corporate services 374,000,000 306,000,000 1,018,000,000 909,000,000
Residential mortgage 140,000,000 199,000,000 483,000,000 600,000,000
Service charges on deposits 179,000,000 156,000,000 482,000,000 439,000,000
Net gains on sales of securities 0 [1] 21,000,000 4,000,000 96,000,000
Other-than-temporary impairments (2,000,000) (2,000,000) (4,000,000) (13,000,000)
Less: Noncredit portion of other-than-temporary impairments (1,000,000) [2] 0 [2] 0 [2] 3,000,000 [2]
Net other-than-temporary impairments (1,000,000) (2,000,000) (4,000,000) (16,000,000)
Other 314,000,000 360,000,000 947,000,000 1,126,000,000
Total noninterest income 1,737,000,000 1,686,000,000 5,000,000,000 5,058,000,000
Total revenue 3,841,000,000 3,920,000,000 11,428,000,000 11,939,000,000
Provision For Credit Losses 55,000,000 137,000,000 221,000,000 530,000,000
Noninterest Expense        
Personnel 1,189,000,000 1,181,000,000 3,441,000,000 3,536,000,000
Occupancy 200,000,000 205,000,000 617,000,000 622,000,000
Equipment 220,000,000 194,000,000 625,000,000 566,000,000
Marketing 66,000,000 68,000,000 186,000,000 180,000,000
Other 682,000,000 [3] 746,000,000 [3] 2,080,000,000 [3] 2,263,000,000 [3]
Total noninterest expense 2,357,000,000 2,394,000,000 6,949,000,000 7,167,000,000
Income (loss) before income taxes and noncontrolling interests 1,429,000,000 1,389,000,000 4,258,000,000 4,242,000,000
Income taxes 391,000,000 [3] 361,000,000 [3] 1,108,000,000 [3] 1,104,000,000 [3]
Net income 1,038,000,000 [3] 1,028,000,000 [3] 3,150,000,000 [3] 3,138,000,000 [3]
Net income (loss) attributable to noncontrolling interests 1,000,000 [3] 2,000,000 [3] 2,000,000 [3] (2,000,000) [3]
Preferred stock dividends and discount accretion and redemptions 71,000,000 71,000,000 189,000,000 199,000,000
Net income attributable to common shareholders $ 966,000,000 $ 955,000,000 $ 2,959,000,000 $ 2,941,000,000
Earnings Per Common Share        
Basic $ 1.82 $ 1.8 $ 5.55 $ 5.55
Diluted $ 1.79 $ 1.77 $ 5.45 $ 5.49
Average Common Shares Outstanding        
Basic 529 529 531 528
Diluted 537 534 539 531
[1]
Net gains (losses) on sales of securities was less than $.5 million for the third quarter of 2014.
[2]
Included in accumulated other comprehensive income (loss). The noncredit portion of other-than-temporary impairments was less than $.5 million for both the third quarter of 2013 and the first nine months of 2014.
[3]
Amounts for 2013 periods have been updated to reflect the first quarter 2014 adoption of Accounting Standards Update (ASU) 2014-01 related to investments in low income housing tax credits.