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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Employee Benefit Plans [Abstract]    
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Year Ended December 31
 
2012
 
2011
 
2010
Dividend yield
0.91
%
 
0.75
%
 
0.17
%
Expected stock price volatility
39.88

 
34.87

 
56.09

Risk-free interest rate (weighted average)
1.07

 
2.48

 
2.80

Expected life of options
6 years

 
6 years

 
6 years    

  
Summary of Stock Option and Restricted Stock Activity
 
Stock Options
 
Restricted Stock
 
Restricted Stock Units
(Dollars in millions, except per share data)
Shares
 
Price
Range
 
Weighted
Average
Exercise
Price
 
Shares
 
Deferred
Compensation
 
Weighted
Average
Grant
Price
 
Shares
 
Weighted
Average
Grant
Price
Balance, January 1, 2010
17,661,216

 
$9.06 - 150.45

 

$53.17

 
4,770,172

 

$59

 

$37.02

 
66,420

 

$26.96

Granted
1,192,974

 
22.69 - 27.79

 
23.64

 
1,355,075

 
33

 
24.01

 
—

 
—

Exercised/vested
—

 
—

 
—

 
(1,266,267
)
 
—

 
67.27

 
—

 
—

Cancelled/expired/forfeited
(1,711,690
)
 
9.06 - 140.14

 
52.62

 
(238,171
)
 
(7
)
 
29.22

 
(1,230
)
 
26.96

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(42
)
 
—

 
—

 
—

Balance, December 31, 2010
17,142,500

 
9.06 - 150.45

 
51.17

 
4,620,809

 
43

 
25.32

 
65,190

 
26.96

Granted
813,265

 
19.98 - 32.27

 
29.70

 
1,400,305

 
44

 
31.27

 
344,590

 
37.57

Exercised/vested
(20,000
)
 
9.06

 
9.06

 
(1,085,252
)
 
—

 
50.37

 
—

 
—

Cancelled/expired/forfeited
(2,066,348
)
 
9.06 - 140.40

 
63.40

 
(313,695
)
 
(7
)
 
22.07

 
(4,305
)
 
26.96

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(32
)
 
—

 
—

 
—

Balance, December 31, 2011
15,869,417

 
9.06 - 150.45

 
48.53

 
4,622,167

 
48

 
21.46

 
405,475

 
35.98

Granted
859,390

 
21.67 - 23.68

 
21.92

 
1,737,202

 
38

 
21.97

 
1,717,148

 
22.65

Exercised/vested
(973,048
)
 
9.06 - 22.69

 
9.90

 
(2,148,764
)
 
—

 
14.62

 
(109,149
)
 
27.73

Cancelled/expired/forfeited
(2,444,107
)
 
9.06 - 85.06

 
45.73

 
(524,284
)
 
(8
)
 
19.91

 
(82,828
)
 
22.79

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(30
)
 
—

 
—

 
—

Balance, December 31, 2012
13,311,652

 
$9.06 - 150.45

 

$50.15

 
3,686,321

 

$48

 

$25.56

 
1,930,646

 

$25.16

Exercisable, December 31, 2012
11,017,763

 
 
 

$55.45

 
 
 
 
 
 
 
 
 
 
  
Stock Options by Ranges of Exercise Price
(Dollars in millions, except per share data)
 
 
 
 
 
 
 
 
 
 
 
 
  
 
Options Outstanding
 
Options Exercisable
Range of Exercise
Prices
 
Number
Outstanding
as of
December 31, 2012
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Total
Aggregate
Intrinsic
Value
 
Number
Exercisable
as of
December 31, 2012
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Total
Aggregate
Intrinsic
Value
$9.06 to 49.46
 
5,065,080

 

$20.30

 
6.39

 

$49

 
2,771,191

 

$16.66

 
5.05

 

$39

$49.47 to 64.57
 
1,893,710

 
54.67

 
0.38

 
—

 
1,893,710

 
54.67

 
0.38

 
—

$64.58 to 150.45
 
6,352,862

 
72.60

 
2.28

 
—

 
6,352,862

 
72.60

 
2.28

 
—

 
 
13,311,652

 

$50.15

 
3.57

 

$49

 
11,017,763

 

$55.45

 
2.65

 

$39

  
Stock-Based Compensation Expense Recognized in Noninterest Expense
(Dollars in millions)
2012
 
2011
 
2010
Stock-based compensation expense:
 
 
 
 
 
Stock options

$11

 

$15

 

$14

Restricted stock
30

 
32

 
42

RSUs
27

 
10

 
—

Total stock-based compensation expense

$68

 

$57

 

$56

  
Change in Benefit Obligations
 
Pension Benefits
 
Other Postretirement Benefits
(Dollars in millions)
2012
 
2011
 
2012
 
2011
Benefit obligation, beginning of year

$2,661

 

$2,261

 

$173

 

$189

Service cost
—

 
62

 
—

 
—

Interest cost
119

 
128

 
7

 
9

Plan participants’ contributions
—

 
—

 
22

 
22

Actuarial loss/(gain)
242

 
415

 
(2
)
 
(17
)
Benefits paid
(184
)
 
(109
)
 
(36
)
 
(33
)
Less federal Medicare drug subsidy
—

 
—

 
3

 
3

Curtailments
—

 
(96
)
 
—

 
—

Benefit obligation, end of year

$2,838

 

$2,661

 

$167

 

$173

  
Pension Benefits with a Projected Benefit Obligation, in Excess of Plan Assets
(Dollars in millions)
2012
 
2011
Projected benefit obligation

$2,701

 

$2,530

Accumulated benefit obligation
2,701

 
2,530

  
Weighted Average Assumptions Used to Determine Benefit Obligations
 
Pension Benefits
 
Other Postretirement Benefits
(Weighted average assumptions used to
determine benefit obligations, end of year)
2012
 
2011
 
2012
 
2011
Discount rate
4.08
%
 
4.63
%
 
3.45
%
 
4.10
%

  
Change in Plan Assets
 
 
Pension Benefits
 
Other Postretirement Benefits
(Dollars in millions)
2012
 
2011
 
2012
 
2011
Fair value of plan assets, beginning of year

$2,550

 

$2,522

 

$161

 

$165

Actual return on plan assets
350

 
129

 
17

 
7

Employer contributions
26

 
8

 
—

 
—

Plan participants’ contributions
—

 
—

 
22

 
22

Benefits paid
(184
)
 
(109
)
 
(36
)
 
(33
)
Fair value of plan assets, end of year

$2,742

 

$2,550

 

$164

 

$161

  
Plan Assets Related to Pension Benefits by Level within the Fair Value Hierarchy
 
 
 
 
Fair Value Measurements as
of December 31, 2012 using 1
(Dollars in millions)
Assets Measured at
Fair Value as of
December 31,  2012
Quoted Prices In
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
Money market funds
 

$48

 

$48

 

$—

 

$—

Mutual funds:
 
 
 
 
 
 
 
 
International diversified funds
 
401

 
401

 
—

 
—

Equity securities:
 
 
 
 
 
 
 
 
Consumer
 
218

 
218

 
—

 
—

Energy and utilities
 
127

 
127

 
—

 
—

Financials
 
136

 
136

 
—

 
—

Healthcare
 
111

 
111

 
—

 
—

Industrials
 
197

 
197

 
—

 
—

Information technology
 
199

 
199

 
—

 
—

Materials
 
45

 
45

 
—

 
—

Telecommunications Services
 
17

 
17

 
—

 
—

Exchange traded funds
 
172

 
172

 
—

 
—

Fixed income securities:
 
 
 
 
 
 
 
 
U.S. Treasuries
 
534

 
534

 
—

 
—

Corporate - investment grade
 
412

 
—

 
412

 
—

Foreign bonds
 
77

 
—

 
77

 
—

Preferred Securities - Domestic
 
33

 
—

 
33

 
—

Preferred Securities - Foreign
 
2

 
—

 
2

 
—

Total plan assets
 

$2,729

 

$2,205

 

$524

 

$—

1Schedule does not include accrued income amounting to less than 0.5% of total plan assets.
 
 
 
 
Fair Value Measurements as
of December 31, 2011 using 1
(Dollars in millions)
Assets Measured at
Fair Value as of
December 31,  2011
Quoted Prices In
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
Money market funds
 

$45

 

$45

 

$—

 

$—

Mutual funds:
 
 
 
 
 
 
 
 
International diversified funds
 
351

 
351

 
—

 
—

Large cap funds
 
426

 
426

 
—

 
—

Small and mid cap funds
 
214

 
214

 
—

 
—

Equity securities:
 
 
 
 
 
 
 
 
Consumer
 
107

 
107

 
—

 
—

Energy and utilities
 
48

 
48

 
—

 
—

Financials
 
21

 
21

 
—

 
—

Healthcare
 
58

 
58

 
—

 
—

Industrials
 
62

 
62

 
—

 
—

Information technology
 
136

 
136

 
—

 
—

Materials
 
17

 
17

 
—

 
—

Exchange traded funds
 
116

 
116

 
—

 
—

Fixed income securities:
 
 
 
 
 
 
 
 
U.S. Treasuries
 
435

 
435

 
—

 
—

Corporate - investment grade
 
398

 
—

 
398

 
—

Foreign bonds
 
103

 
—

 
103

 
—

Total plan assets
 

$2,537

 

$2,036

 

$501

 

$—

1Schedule does not include accrued income amounting to less than 0.5% of total plan assets.
Plan Assets Related to Other Postretirement Benefits by Level within the Fair Value Hierarchy
(Dollars in millions)
 
 
 
Fair Value
Measurements as of
December 31, 2012 1
Assets Measured
at Fair Value as
of December 31,
2012
 
Quoted Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Mutual funds:
 
 
 
 
 
 
 
 
Equity index fund
 

$49

 

$49

 

$—

 

$—

Tax exempt municipal bond funds
 
86

 
86

 
—

 
—

Taxable fixed income index funds
 
14

 
14

 
—

 
—

Money market funds
 
15

 
15

 
—

 
—

Total plan assets
 

$164

 

$164

 

$—

 

$—

1 Schedule does not include accrued income.
 
 
 
 
Fair Value
Measurements as of
December 31, 2011 1
(Dollars in millions)
Assets Measured
at Fair Value as
of December 31,
2011
 
Quoted Prices In
Active Markets
for Identical
Assets (Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Mutual funds:
 
 
 
 
 
 
 
 
Large cap fund
 

$37

 

$37

 

$—

 

$—

Investment grade tax-exempt bond
 
25

 
25

 
—

 
—

International fund
 
6

 
6

 
—

 
—

Common and collective funds:
 
 
 
 
 
 
 
 
SunTrust Reserve Fund
 
1

 
—

 
1

 
—

SunTrust Equity Fund
 
37

 
—

 
37

 
—

SunTrust Georgia Tax-Free Fund
 
26

 
—

 
26

 
—

SunTrust National Tax-Free Fund
 
17

 
—

 
17

 
—

SunTrust Aggregate Fixed Income Fund
 
7

 
—

 
7

 
—

SunTrust Short-Term Bond Fund
 
5

 
—

 
5

 
—

Total plan assets
 

$161

 

$68

 

$93

 

$—

1 Schedule does not include accrued income.
Asset Allocation for the Pension Plans and the Target Allocation, by Asset Category
 
 
Target
Allocation1
 
Percentage of Plan Assets
as of December 312
Asset Category
 
2013
 
2012
 
2011
Equity securities
 
50-75
%
 
59
%
 
61
%
Debt securities
 
25-50
 
 
39

 
37

Cash equivalents
 
0-5
 
 
2

 
2

Total
 
 
 
 
100
%
 
100
%
1SunTrust Pension Plan only.
2SunTrust and NCF Pension Plans.
  
Asset Allocation for the Other Postretirement Benefit Plans and the Target Allocation, by Asset Category
 
 
Target
Allocation
 
Percentage of Plan Assets
as of December 31
Asset Category
 
2013
 
2012
 
2011
Equity securities
 
20-40
%
 
30
%
 
50
%
Debt securities
 
50-70
 
 
61

 
50

Cash equivalents
 
5-15
 
 
9

 
—

Total
 
 
 
 
100
%
 
100
%
  
Funded Status of Plans
 
 
Pension Benefits
 
Other Postretirement Benefits    
(Dollars in millions)
 
2012
 
2011
 
2012
 
2011
Fair value of plan assets
 

$2,742

 

$2,550

 

$164

 

$161

Benefit obligations 1
 
(2,838
)
 
(2,661
)
 
(167
)
 
(173
)
Funded status
 

($96
)
 

($111
)
 

($3
)
 

($12
)
1Includes $91 million and $107 million of benefit obligations for the unfunded nonqualified supplemental pension plans as of December 31, 2012 and 2011, respectively.
  
Amounts Recognized in Accumulated Other Comprehensive Income
 
 
Pension Benefits
 
Other Postretirement Benefits    
(Dollars in millions)
 
2012
 
2011
 
2012
 
2011
Total AOCI, pre-tax
 

$1,145

 

$1,108

 

$5

 

$17

  
Expected Cash Flows for the Pension Benefit and Other Postretirement Benefit Plans
(Dollars in millions)
 
Pension
Benefits1,2
 
Other Postretirement
Benefits (excluding
  Medicare Subsidy) 3
 
Value to Company
of Expected
Medicare Subsidy
Employer Contributions
 
 
 
 
 
 
2013 (expected) to plan trusts
 

$—

 

$—

 

$—

2013 (expected) to plan participants
 
8

 
1

 
(3
)
Expected Benefit Payments
 
 
 
 
 
 
2013
 
164

 
15

 
(3
)
2014
 
162

 
15

 
(1
)
2015
 
159

 
14

 
(1
)
2016
 
157

 
14

 
(1
)
2017
 
158

 
13

 
(1
)
2018-2022
 
793

 
54

 
(6
)
1At this time, SunTrust anticipates contributions to the Retirement Plan will be permitted (but not required) during 2013 based on the funded status and contribution limitations under the ERISA.
2The expected benefit payments for the SERP will be paid directly from SunTrust corporate assets.
3The 2013 expected contribution for the Other Postretirement Benefits Plans represents the Medicare Part D subsidy only. Note that expected benefits under Other Postretirement Benefits Plans are shown net of participant contributions.
  
Schedule of Net Benefit Costs [Table Text Block]
 
Pension Benefits
 
Other Postretirement Benefits
 
(Dollars in millions)
2012
 
2011
 
2010
 
2012
 
2011
 
2010
 
Service cost

$—

 

$62

 

$69

 

$—

 

$—

 

$—

 
Interest cost
119

 
128

 
129

 
7

 
9

 
10

 
Expected return on plan assets
(173
)
 
(188
)
 
(183
)
 
(7
)
 
(7
)
 
(7
)
 
Amortization of prior service credit
—

 
(16
)
 
(11
)
 
—

 
—

 
(1
)
 
Recognized net actuarial loss
25

 
39

 
62

 
—

 
1

 
1

 
Curtailment gain
—

 
(88
)
 
—

 
—

 
—

 
—

 
Settlement loss
2

 
—

 
—

 
—

 
—

 
—

 
Net periodic (benefit)/cost

($27
)
 

($63
)
 

$66

 

$—

 

$3

 

$3

 
Weighted average assumptions used to determine net cost:
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.63
%
 
5.59
%
1 

6.32
%
 
4.10
%
 
5.10
%
 
5.70
%
 
Expected return on plan assets
7.00

 
7.72

2 

8.00

 
4.06

3 

4.39

3 
4.39

3 
Rate of compensation increase
N/A

 
4.00

 
4.00

 
N/A

 
N/A

 
N/A 

 
1Interim remeasurement was required on November 14, 2011 due to plan amendments adopted at that time. The discount rate as of the remeasurement date was selected based on economic conditions on that date.
2As part of the interim remeasurement on November 14, 2011, the expected return on plan assets was reduced from 7.75% to 7.25% for the SunTrust Pension Plan and the NCF Retirement Plan.
3The weighted average shown for the Other Postretirement Benefit plan is determined on an after-tax basis.
  
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
(Dollars in millions)
Pension
Benefits
 
Other Postretirement
Benefits
Current year actuarial loss/(gain)

$64

 

($12
)
Recognition of actuarial loss
(25
)
 
—

Settlements
(2
)
 
—

Total recognized in OCI, pre-tax

$37

 

($12
)
Total recognized in net periodic benefit cost and OCI, pre-tax

$11

 

($12
)
  
Effect of a One-Percent Change in Assumed Healthcare Cost Trend Rates
(Dollars in millions)
1% Increase
 
1% Decrease
Effect on Other Postretirement Benefit obligation

$11

 

($9
)
Effect on total service and interest cost1
—

 
—

1 Impact is less than $1 million.