Purchased Loans (Tables)

6 Months Ended

Jun. 30, 2015

Accounting for Acquired Loans Disclosure

Purchased Impaired Loans - Balances

Table 65: Purchased Impaired Loans - Balances
		June 30, 2015						December 31, 2014
In millions		OutstandingBalance (a)		Recorded Investment		Carrying Value			OutstandingBalance (a)		Recorded Investment		Carrying Value
Commercial lending
	Commercial	$	129	$	50	$	34		$	159	$	74	$	57
	Commercial real estate		217		185		134			307		236		174
Total commercial lending			346		235		168			466		310		231
Consumer lending
	Consumer		1,952		1,833		1,517			2,145		1,989		1,661
	Residential real estate		2,184		2,397		1,925			2,396		2,559		2,094
Total consumer lending			4,136		4,230		3,442			4,541		4,548		3,755
	Total	$	4,482	$	4,465	$	3,610		$	5,007	$	4,858	$	3,986
(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 2015 and 2014 follows:
Table 66: Purchased Impaired Loans - Accretable Yield
In millions		2015		2014
January 1		$	1,558	$	2,055
Accretion (including excess cash recoveries)			(252)		(309)
Net reclassifications to accretable from non-accretable (a)			146		208
Disposals			(9)		(18)
June 30		$	1,443	$	1,936
(a)	Approximately 70% and 78% of the net reclassifications for the six months ended June 30, 2015 and 2014, respectively, were driven by the consumer portfolio and were due to improvements of cash expected to be collected on loans in future periods. The remaining net reclassifications were predominantly due to future cash flow changes in the commercial portfolio.