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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
 
 
 
 
 
 
Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]
(Dollars in millions)
 MSRs -
Fair Value
 
Other
 
Total
Balance, January 1, 2015

$1,206

 

$13

 

$1,219

Amortization 1
—

 
(1
)
 
(1
)
MSRs originated
46

 
—

 
46

MSRs purchased
56

 
—

 
56

Changes in fair value:
 
 
 
 

Due to changes in inputs and assumptions 2
(78
)
 
—

 
(78
)
Other changes in fair value 3
(48
)
 
—

 
(48
)
Sale of MSRs
(1
)
 
—

 
(1
)
Balance, March 31, 2015

$1,181

 

$12

 

$1,193

 
 
 
 
 
 
Balance, January 1, 2014

$1,300

 

$34

 

$1,334

Amortization 1
—

 
(3
)
 
(3
)
MSRs originated
32

 
—

 
32

Changes in fair value:
 
 
 
 


Due to changes in inputs and assumptions 2
(46
)
 
—

 
(46
)
Other changes in fair value 3
(35
)
 
—

 
(35
)
Balance, March 31, 2014

$1,251

 

$31

 

$1,282

1 Amortization of tax credits for non-qualified community development investments totaled $6 million reflected in amortization expense and $3 million reflected in other noninterest expense in the Company's Consolidated Statements of Income for the three months ended March 31, 2015 and 2014, respectively. See Note 8, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.
2 Primarily reflects changes in discount rates and prepayment speed assumptions, due to changes in interest rates.
3 Represents changes due to the collection of expected cash flows, net of accretion, due to the passage of time.
Key Characteristics, Inputs, and Economic Assumptions Used to Estimate the Fair Value of the Company's MSRs
(Dollars in millions)
March 31, 2015
 
December 31, 2014
Fair value of retained MSRs

$1,181

 

$1,206

Prepayment rate assumption (annual)
11
%
 
11
%
Decline in fair value from 10% adverse change

$46

 

$46

Decline in fair value from 20% adverse change
89

 
88

Option adjusted spread (annual)
9
%
 
10
%
Decline in fair value from 10% adverse change

$51

 

$55

Decline in fair value from 20% adverse change
98

 
105

Weighted-average life (in years)
6.1

 
6.4

Weighted-average coupon
4.2
%
 
4.2
%