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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest Income        
Interest and fees on loans $ 1,139 $ 1,152 $ 3,345 $ 3,464
Interest and fees on loans held for sale 20 30 66 61
Interest and Dividend Income, Securities, Available-for-sale 153 153 430 456
Trading account interest and other 21 18 61 55
Total interest income 1,333 1,353 3,902 4,036
Interest Expense        
Interest on deposits 54 54 165 180
Interest Expense, Long-term Debt 60 74 196 198
Interest on other borrowings 8 10 23 29
Total interest expense 122 138 384 407
Net, interest income 1,211 1,215 3,518 3,629
Provision for Loan, Lease, and Other Losses 32 [1] 93 [1] 114 [2] 268 [2]
Interest Income (Expense), after Provision for Loan Loss 1,179 1,122 3,404 3,361
Noninterest Income        
Service charges on deposit accounts 159 169 466 483
Fees and Commissions, Other 97 95 285 274
Fees and Commissions, Credit and Debit Cards 83 81 247 239
Investment Banking Revenue 115 88 357 296
Trading Gain (Loss) 31 46 140 141
Fees and Commissions, Fiduciary and Trust Activities 86 93 255 339
Investment Advisory, Management and Administrative Fees 77 76 229 224
Fees and Commissions, Mortgage Banking 58 45 217 140
Servicing Fees, Net 40 44 113 143
Gain (Loss) on Disposition of Business 0 0 0 105
Gain (Loss) on Sale of Securities, Net 7 (9) 21 (11)
Noninterest Income, Other Operating Income 58 52 173 155
Total noninterest income 811 780 2,503 2,528
Noninterest Expense        
Employee compensation 641 649 1,926 1,967
Other Labor-related Expenses 84 81 326 326
Outside processing and software 200 184 593 535
Net occupancy expense 86 84 255 254
Equipment Expense 41 41 123 127
Federal Deposit Insurance Corporation Premium Expense 32 29 104 109
Marketing and Advertising Expense 42 35 104 91
Credit and collection services 8 21 52 67
Professional Fees 23 16 48 43
Operating losses 3 29 33 268
Amortization 9 7 22 14
Other Noninterest Expense (95) (83) (286) (333)
Noninterest Expense 1,264 1,259 3,872 4,134
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 726 643 2,035 1,755
Income Tax Expense (Benefit) 187 67 579 364
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 539 576 1,456 1,391
Net Income (Loss) Attributable to Noncontrolling Interest 2 0 7 11
Net Income (Loss) Attributable to Parent 537 576 1,449 1,380
Net Income (Loss) Available to Common Stockholders, Basic $ 519 $ 563 $ 1,396 $ 1,343
Earnings Per Share, Diluted $ 1.00 $ 1.06 $ 2.67 $ 2.51
Earnings Per Share, Basic 1.01 1.07 2.70 2.54
Common Stock, Dividends, Per Share, Declared $ 0.24 $ 0.20 $ 0.68 $ 0.50
Weighted Average Number of Shares Outstanding, Diluted 518,677 533,230 522,634 535,222
Weighted Average Number of Shares Outstanding, Basic 513,010 527,402 516,970 529,429
[1] Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments of the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.
[2] Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments of the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.