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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest Income      
Interest and fees on loans $ 4,506 $ 4,617 $ 4,633
Interest and fees on loans held for sale 82 78 107
Interest and Dividend Income, Securities, Available-for-sale 593 613 579
Trading account interest and other 84 76 69
Total interest income 5,265 5,384 5,388
Interest Expense      
Interest on deposits 219 235 291
Interest Expense, Long-term Debt 252 270 210
Interest on other borrowings 30 39 34
Total interest expense 501 544 535
Net, interest income 4,764 4,840 4,853
Provision for Loan, Lease, and Other Losses 165 342 553
Interest Income (Expense), after Provision for Loan Loss 4,599 4,498 4,300
Noninterest Income      
Service charges on deposit accounts 622 645 657
Fees and Commissions, Other 377 368 369
Fees and Commissions, Credit and Debit Cards 329 320 310
Investment Banking Revenue 461 404 356
Trading Gain (Loss) 181 182 182
Fees and Commissions, Fiduciary and Trust Activities 334 423 518
Investment Advisory, Management and Administrative Fees 300 297 267
Fees and Commissions, Mortgage Banking 270 201 314
Servicing Fees, Net 169 196 87
Gain (Loss) on Disposition of Business 0 105 0
Gain (Loss) on Sale of Securities, Net 21 (15) 2
Noninterest Income, Other Operating Income 204 197 152
Total noninterest income 3,268 3,323 3,214
Noninterest Expense      
Employee compensation 2,576 2,576 2,488
Other Labor-related Expenses 366 386 413
Outside processing and software 815 741 746
Net occupancy expense 341 340 348
Equipment Expense 164 169 181
Marketing and Advertising Expense 151 134 135
Federal Deposit Insurance Corporation Premium Expense 139 142 181
Credit and collection services 71 91 264
Operating losses 56 441 503
Amortization 40 25 23
Other Noninterest Expense [1] (441) (498) (549)
Noninterest Expense 5,160 5,543 5,831
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), Including Portion Attributable to Noncontrolling Interest 1,943 1,785 1,361
Net Income (Loss) Attributable to Noncontrolling Interest 10 11 17
Net Income (Loss) Attributable to Parent 1,933 1,774 1,344
Net Income (Loss) Available to Common Stockholders, Basic $ 1,863 $ 1,722 $ 1,297
Earnings Per Share, Diluted $ 3.58 $ 3.23 $ 2.41
Earnings Per Share, Basic 3.62 3.26 2.43
Common Stock, Dividends, Per Share, Declared $ 0.92 $ 0.70 $ 0.35
Weighted Average Number of Shares Outstanding, Diluted 520,586 533,391 539,093
Weighted Average Number of Shares Outstanding, Basic 514,844 527,500 534,283
Amortization Method Qualified Affordable Housing Project Investments, Amortization $ 66 $ 61 $ 49
[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.