Securities Available for Sale (Tables)

9 Months Ended

Sep. 30, 2012

Investments, Debt and Equity Securities [Abstract]

Other Than Temporary Impairment Losses On Investment Securities [Table Text Block]



	Three Months Ended September 30				Nine Months Ended September 30
	2012		2011		2012		2011
(Dollars in millions)	MBS - Private		MBS - Private		MBS - Private		MBS - Private
OTTI¹		$3		$—		$7		$3
Portion of losses recognized in OCI (before taxes)	—		—		—		(1		)
Net impairment losses recognized in earnings		$3		$—		$7		$2

¹ The initial OTTI amount represents the excess of the amortized cost over the fair value of AFS debt securities. For subsequent impairments of the same security, amount includes additional declines in the fair value subsequent to the previously recorded OTTI, if applicable, until such time the security is no longer in an unrealized loss position, plus any additional credit losses taken through earnings that exceeds the total impairment.

Securities Portfolio Composition



	September 30, 2012
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$213		$11		$—		$224
Federal agency securities	1,713		89		—		1,802
U.S. states and political subdivisions	343		18		6		355
MBS - agency	16,705		881		—		17,586
MBS - private	213		4		—		217
ABS	260		5		4		261
Corporate and other debt securities	42		4		—		46
Other equity securities¹	975		1		—		976
Total securities AFS		$20,464		$1,013		$10		$21,467

	December 31, 2011
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$671		$23		$—		$694
Federal agency securities	1,843		89		—		1,932
U.S. states and political subdivisions	437		21		4		454
MBS - agency	20,480		743		—		21,223
MBS - private	252		—		31		221
CDO/CLO securities	50		—		—		50
ABS	460		11		7		464
Corporate and other debt securities	49		2		—		51
Coke common stock	—		2,099		—		2,099
Other equity securities¹	928		1		—		929
Total securities AFS		$25,170		$2,989		$42		$28,117

¹At September 30, 2012, other equity securities included the following securities at cost: $432 million in FHLB of Atlanta stock, $401 million in Federal Reserve Bank stock, and $141 million in mutual fund investments. At December 31, 2011, other equity securities included the following securities at cost: $342 million in FHLB of Atlanta stock, $398 million in Federal Reserve Bank stock, and $187 million in mutual fund investments.

Amortized Cost and Fair Value of Investments in Debt Securities by Estimated Average Life



	Distribution of Maturities
(Dollars in millions)	1 Year or Less			1-5 Years			5-10 Years			After 10 Years			Total
Amortized Cost:
U.S. Treasury securities		$11			$202			$—			$—			$213
Federal agency securities	153			1,349			84			127			1,713
U.S. states and political subdivisions	103			172			19			49			343
MBS - agency	947			14,539			1,027			192			16,705
MBS - private	—			129			84			—			213
ABS	159			71			2			28			260
Corporate and other debt securities	4			21			17			—			42
Total debt securities		$1,377			$16,483			$1,233			$396			$19,489
Fair Value:
U.S. Treasury securities		$11			$213			$—			$—			$224
Federal agency securities	155			1,420			95			132			1,802
U.S. states and political subdivisions	105			184			19			47			355
MBS - agency	1,006			15,294			1,082			204			17,586
MBS - private	—			130			87			—			217
ABS	160			69			2			30			261
Corporate and other debt securities	4			22			20			—			46
Total debt securities		$1,441			$17,332			$1,305			$413			$20,491

Weighted average yield ¹	3.47		%	2.95		%	3.68		%	3.38		%	3.03		%

Securities in a Continuous Unrealized Loss Position



	September 30, 2012
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Temporarily impaired securities:
Federal agency securities		$30		$—		$—		$—		$30		$—
U.S. states and political subdivisions	—		—		25		6		25		6
MBS - agency	49		—		—		—		49		—
ABS	—		—		12		2		12		2
Total temporarily impaired securities	79		—		37		8		116		8
Other-than-temporarily impaired securities¹:
MBS - private	—		—		46		—		46		—
ABS	—		—		4		2		4		2
Total other-than-temporarily impaired securities	—		—		50		2		50		2
Total impaired securities		$79		$—		$87		$10		$166		$10

	December 31, 2011
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Temporarily impaired securities:
Federal agency securities		$10		$—		$—		$—		$10		$—
U.S. states and political subdivisions	1		—		28		4		29		4
MBS - agency	224		—		1		—		225		—
CDO/CLO securities	50		—		—		—		50		—
ABS	—		—		11		5		11		5
Total temporarily impaired securities	285		—		40		9		325		9
Other-than-temporarily impaired securities¹:
MBS - private	15		1		206		30		221		31
ABS	1		—		3		2		4		2
Total other-than-temporarily impaired securities	16		1		209		32		225		33
Total impaired securities		$301		$1		$249		$41		$550		$42

¹Includes OTTI securities for which credit losses have been recorded in earnings in current or prior periods.

Gross Realized Gains and Losses on Sales and OTTI on Securities AFS



	Three Months Ended September 30							Nine Months Ended September 30
(Dollars in millions)	2012				2011			2012				2011
Gross realized gains		$1,944		¹		$4			$1,980		¹		$180
Gross realized losses	—				(2		)	—				(80		)
OTTI	(3		)		—			(7		)		(2		)
Net securities gains		$1,941				$2			$1,973				$98

Rollforward of Credit Losses Recognized in Earnings Related to Securities



	Three Months Ended September 30				Nine Months Ended September 30
(Dollars in millions)	2012		2011		2012			2011
Balance, beginning of period		$28		$21		$25			$20
Additions:
OTTI credit losses on previously impaired securities	3		—		7			2
Reductions:
Increases in expected cash flows recognized over the remaining life of the securities	—		—		(1		)	(1		)
Balance, end of period		$31		$21		$31			$21

Measurement Of Investment Credit Losses Assumptions [Table Text Block]



	2012	2011
Default rate	2 - 9%	4 - 8%
Prepayment rate	7 - 21%	12 - 22%
Loss severity	40 - 56%	39 - 44%

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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+ Details

- Definition

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

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