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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest Income      
Interest and fees on loans $ 5,035 $ 5,219 $ 5,300
Interest and fees on loans held for sale 112 93 137
Interest and Dividend Income, Securities, Available-for-sale 655 [1] 791 [1] 816 [1]
Trading account interest and other 65 78 90
Total interest income 5,867 6,181 6,343
Interest Expense      
Interest on deposits 429 624 860
Interest on long-term debt 299 449 580
Interest on other borrowings 37 43 49
Total interest expense 765 1,116 1,489
Net interest income 5,102 5,065 4,854
Provision for credit losses 1,395 [2] 1,513 [2] 2,651 [2]
Net interest income after provision for credit losses 3,707 3,552 2,203
Noninterest Income      
Service charges on deposit accounts 676 685 760
Fees and Commissions, Other 478 507 534
Card fees 240 371 376
Trust and investment management income 512 531 503
Retail investment services 241 230 205
Investment banking income 342 317 313
Trading income/(loss) 211 248 173
Mortgage production related (loss)/income 343 (5) 127
Mortgage servicing related income 260 224 358
Gain (Loss) on Sale of Securities, Net 1,974 [3] 117 [3] 191 [3],[4]
Other noninterest income 96 196 189
Total noninterest income 5,373 3,421 3,729
Noninterest Expense      
Employee compensation 2,603 2,494 2,364
Other Labor-related Expenses 474 382 457
Outside processing and software 710 653 638
Net occupancy expense 359 356 361
Operating losses 277 377 83
Credit and collection services 239 275 279
Federal Deposit Insurance Corporation Premium Expense 233 300 265
Equipment expense 188 178 174
Marketing and customer development 184 184 177
Professional Fees 165 120 84
Other real estate expense 140 264 300
Amortization/impairment of intangible assets/goodwill 46 43 51
Net (gain)/loss on extinguishment of debt 16 (3) 70
Other Noninterest Expense 689 611 608
Total noninterest expense 6,323 6,234 5,911
Income/(loss) before provision/(benefit) for income taxes 2,757 739 21
Income Tax Expense (Benefit) 773 79 (185)
Net income/(loss) including income attributable to noncontrolling interest 1,984 660 206
Net income attributable to noncontrolling interest 26 13 17
Net income 1,958 647 189
Net income/(loss) available to common shareholders $ 1,931 $ 495 $ (87)
Net income/(loss) per average common share      
Diluted $ 3.59 $ 0.94 $ (0.18)
Basic $ 3.62 $ 0.94 $ (0.18)
Common Stock, Dividends, Per Share, Declared $ 0.20 $ 0.12 $ 0.04
Average common shares - diluted 538,061 527,618 498,744
Average common shares - basic 534,149 523,995 495,361
[1] Includes dividends on common stock of The Coca-Cola Company of $31 million, $56 million, and $53 million during the years ended December 31, 2012, 2011, and 2010, respectively.
[2] 2Provision for credit losses represents net charge-offs for the segments
[3] Includes credit-related OTTI losses of $7 million, $6 million and $2 million, including $6 million, $4 million, and $0 of unrealized losses reclassified from OCI, before taxes, for the years ended December 31, 2012, 2011, and 2010, respectively.
[4] Includes dividends on the Coke common stock of $31 million, $56 million, and $53 million, for the years ended December 31, 2012, 2011, and 2010, respectively.