XML 178 R160.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statements of Income/(Loss) - Parent Company Only (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and Dividend Income, Securities, Available-for-sale $ 593 $ 613 $ 579
Trading Gain (Loss) 181 182 182
Gain (Loss) on Disposition of Business 0 105 0
Interest Expense, Long-term Debt 252 270 210
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 2,707 2,278 1,683
Income Tax Expense (Benefit) [1],[2] (764) (493) (322)
Net Income (Loss) Attributable to Parent 1,933 1,774 1,344
Dividends, Preferred Stock, Cash (64) (42) (37)
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic (6) (10) (10)
Net Income (Loss) Available to Common Stockholders, Basic 1,863 1,722 1,297
Parent Company [Member]      
Interest and Dividend Income, Securities, Available-for-sale [3] 1,159 1,057 1,200
Interest and Fee Income, Other Loans 8 7 10
Trading Gain (Loss) (1) 10 16
Gain (Loss) on Disposition of Business 0 105 0
Other Income 15 13 7
Revenues 1,181 1,192 1,233
Interest Expense, Short-term Borrowings 1 7 12
Interest Expense, Long-term Debt 128 122 96
Labor and Related Expense [4] 69 42 24
Fees and Commission Expense 6 10 3
Other Expenses 21 11 (113) [5]
Operating Expenses 225 192 22
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 956 1,000 1,211
Income Tax Expense (Benefit) 61 2 8
Income (Loss) Before Equity in Undistributed Earnings of Subsidiaries 1,017 1,002 1,219
Equity in Undistributed Earnings of Subsidiaries 916 772 125
Net Income (Loss) Attributable to Parent 1,933 1,774 1,344
Dividends, Preferred Stock, Cash (64) (42) (37)
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic (6) (10) (10)
Net Income (Loss) Available to Common Stockholders, Basic $ 1,863 $ 1,722 $ 1,297
[1] Amortization expense related to qualified affordable housing investment costs is recognized in provision for income taxes for each of the periods presented as allowed by an accounting standard adopted in 2014. Accordingly, $49 million of related amortization expense for the year ended December 31, 2013 was reclassified from other noninterest expense to provision for income taxes.
[2] Amortization expense related to qualified affordable housing investment costs is recognized in the provision for income taxes for each of the periods presented as allowed by an accounting standard adopted in 2014. Prior to 2014, these amounts were recognized in other noninterest expense.
[3] Substantially all dividend income is from subsidiaries.
[4] Includes incentive compensation allocations between the Parent Company and subsidiaries.
[5] Includes the transfer to STM of certain mortgage-related legal expenses recorded at the Parent Company in prior years.