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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2015
Employee Benefit Plans [Abstract]  
Schedule of Assumptions Used [Table Text Block]
 
Year Ended December 31
 
 2015 1
 
 2014 1
 
2013
Dividend yield
N/A
 
N/A
 
1.28
%
Expected stock price volatility
N/A
 
N/A
 
30.98

Risk-free interest rate (weighted average)
N/A
 
N/A
 
1.02

Expected life of options
N/A
 
N/A
 
6 years


1 Assumptions are not applicable ("N/A") as the Company discontinued the issuance of stock options and no stock options were granted for the years ended December 31, 2015 and 2014.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
 
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, 2013
13,311,652

 
$9.06 - 150.45

 

$50.15

 
3,686,321

 

$48

 

$25.56

 
1,930,646

 

$25.16

Granted
552,998

 
27.41

 
27.41

 
1,314,277

 
39

 
29.58

 
593,093

 
24.65

Exercised/vested
(712,981
)
 
9.06 - 27.79

 
16.94

 
(821,636
)
 
—

 
25.95

 
(41,790
)
 
28.73

Cancelled/expired/forfeited
(2,222,298
)
 
21.67 - 118.18

 
56.55

 
(195,424
)
 
(5
)
 
27.41

 
14,229

 
20.54

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(32
)
 
—

 
—

 
—

Balance, December 31, 2013
10,929,371

 
9.06 - 150.45

 
49.86

 
3,983,538

 
50

 
27.04

 
2,496,178

 
26.69

Granted
—

 
—

 
—

 
21,427

 
—

 
39.20

 
1,590,075

 
36.67

Exercised/vested
(426,889
)
 
9.06 - 32.27

 
20.86

 
(957,308
)
 
—

 
29.31

 
(338,196
)
 
32.80

Cancelled/expired/forfeited
(2,774,725
)
 
23.70 - 149.81

 
71.10

 
(117,798
)
 
(2
)
 
25.60

 
(58,793
)
 
37.73

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(27
)
 
—

 
—

 
—

Balance, December 31, 2014
7,727,757

 
9.06 - 150.45

 
43.84

 
2,929,859

 
21

 
26.45

 
3,689,264

 
31.15

Granted
—

 
—

 
—

 
20,412

 
1

 
41.15

 
1,670,587

 
40.54

Exercised/vested
(687,832
)
 
9.06 - 32.27

 
20.38

 
(1,510,045
)
 
—

 
22.86

 
(883,621
)
 
26.39

Cancelled/expired/forfeited
(1,821,667
)
 
23.70 - 150.45

 
73.01

 
(106,151
)
 
(4
)
 
29.95

 
(157,390
)
 
39.19

Amortization of restricted stock compensation
—

 
—

 
—

 
—

 
(16
)
 
—

 
—

 
—

Balance, December 31, 2015
5,218,258

 
$9.06 - 85.34

 

$36.75

 
1,334,075

 

$2

 

$30.44

 
4,318,840

 

$35.44

Exercisable,
December 31, 2015
5,033,948

 
 
 

$37.09

 
 
 
 
 
 
 
 
 
 


The following table presents stock option information at December 31, 2015:
 
 
Options Outstanding
 
Options Exercisable
(Dollars in millions, except per share data)
 
Number
Outstanding
at
December 31, 2015
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Total
Aggregate
Intrinsic
Value
 
Number
Exercisable
at
December 31, 2015
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Total
Aggregate
Intrinsic
Value
Range of Exercise Prices:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$9.06 to 49.46
 
3,482,672

 

$19.47

 
4.2
 

$81

 
3,298,362

 

$19.03

 
4.1
 

$79

$49.47 to 64.57
 
781

 
56.34

 
1.8
 
—

 
781

 
56.34

 
1.8
 
—

$64.58 to 85.34
 
1,734,805

 
71.42

 
1.2
 
—

 
1,734,805

 
71.42

 
1.2
 
—

 
 
5,218,258

 

$36.75

 
3.2
 

$81

 
5,033,948

 

$37.09

 
3.1
 

$79
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]
(Dollars in millions)
2015
 
2014
 
2013
Intrinsic value of options exercised 1

$15

 

$8

 

$11

Fair value of vested restricted shares 1
35

 
28

 
21

Fair value of vested RSUs 1
23

 
11

 
1

1 Measured as of the grant date.
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
Years Ended December 31
(Dollars in millions)
2015
 
2014
 
2013
Stock options

$1

 

$2

 

$6

Restricted stock
16

 
27

 
32

Performance stock units
32

 
13

 
—

RSUs
46

 
34

 
18

Total stock-based compensation

$95

 

$76

 

$56

Stock-based compensation tax benefit

$36

 

$29

 

$21
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]
 
Pension Benefits 1
 
Other Postretirement Benefits
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Benefit obligation, beginning of year

$2,935

 

$2,575

 

$69

 

$81

Service cost
5

 
5

 
—

 
—

Interest cost
116

 
124

 
2

 
3

Plan participants’ contributions
—

 
—

 
6

 
11

Actuarial (gain)/loss
(171
)
 
401

 
(2
)
 
(10
)
Benefits paid
(164
)
 
(165
)
 
(10
)
 
(16
)
Administrative expenses paid from pension trust
(5
)
 
(5
)
 
—

 
—

Benefit obligation, end of year 2

$2,716

 

$2,935

 

$65

 

$69

 
 
 
 
 
 
 
 
Change in plan assets:
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year

$3,080

 

$2,873

 

$160

 

$158

Actual return on plan assets
(37
)
 
371

 
1

 
8

Employer contributions 3
5

 
6

 
—

 
—

Plan participants’ contributions
—

 
—

 
5

 
11

Benefits paid
(164
)
 
(165
)
 
(10
)
 
(17
)
Administrative expenses paid from pension trust
(5
)
 
(5
)
 
—

 
—

Fair value of plan assets, end of year 4

$2,879

 

$3,080

 

$156

 

$160

 
 
 
 
 
 
 
 
Funded status at end of year 5, 6

$163

 

$145

 

$91

 

$91

Funded status at end of year (%)
106
%
 
105
%
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated benefit obligation

$2,716

 

$2,935

 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.44
%
 
4.09
%
 
3.95
%
 
3.60
%

1 Employer contributions represent the benefits that were paid to nonqualified plan participants. Unfunded nonqualified supplemental pension plans are not funded through plan assets.
2 Includes $81 million and $85 million of benefit obligations for the unfunded nonqualified supplemental pension plans at December 31, 2015 and 2014, respectively.
3 The Company contributed less than $1 million to the other postretirement benefits plans during both 2015 and 2014.
4 Includes $1 million of the Company's common stock acquired by the asset manager and held as part of the equity portfolio for pension benefits at both December 31, 2015 and 2014. During 2015 and 2014, there was no SunTrust common stock held in the other postretirement benefit plans.
5 Pension benefits recorded in the Consolidated Balance Sheets included other assets of $244 million and $230 million, and other liabilities of $81 million and $85 million, at December 31, 2015 and 2014, respectively.
6 Other postretirement benefits recorded in the Consolidated Balance Sheets included other assets of $91 million at both December 31, 2015 and 2014.
Schedule of Net Benefit Costs [Table Text Block]
 
Pension Benefits 1
 
Other Postretirement Benefits
 
(Dollars in millions)
2015
 
2014
 
2013
 
2015
 
2014
 
2013
 
Service cost

$5

 

$5

 

$5

 

$—

 

$—

 

$—

 
Interest cost
116

 
124

 
113

 
2

 
3

 
6

 
Expected return on plan assets
(206
)
 
(200
)
 
(192
)
 
(5
)
 
(5
)
 
(6
)
 
Amortization of prior service credit
—

 
—

 
—

 
(6
)
 
(6
)
 
—

 
Amortization of actuarial loss
21

 
16

 
26

 
—

 
—

 
—

 
Net periodic benefit

($64
)
 

($55
)
 

($48
)
 

($9
)
 

($8
)
 

$—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average assumptions used to determine net periodic benefit:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.09
%
 
4.98
%
 
4.08
%
 
3.60
%
 
4.15
%
 
3.45
%
 
Expected return on plan assets
6.91

 
7.17

 
7.00

 
3.50

2 
3.68

2 
3.49

2 
1 Administrative fees are recognized in service cost for each of the periods presented.
2 The weighted average shown is determined on an after-tax basis.
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
Pension Benefits
 
Other 
Postretirement
Benefits    
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Prior service credit

$—

 

$—

 

($64
)
 

($70
)
Net actuarial loss/(gain)
1,072

 
1,021

 
(11
)
 
(14
)
Total AOCI, pre-tax

$1,072

 

$1,021

 

($75
)
 

($84
)

Other changes in plan assets and benefit obligations recognized in AOCI during 2015 were as follows:
(Dollars in millions)
Pension Benefits
 
Other Postretirement Benefits
Current year actuarial loss

$72

 

$3

Amortization of prior service credit
—

 
6

Amortization of actuarial loss
(21
)
 
—

Total recognized in AOCI, pre-tax

$51

 

$9

Total recognized in net periodic benefit and AOCI, pre-tax

($13
)
 

$—
Schedule of Allocation of Plan Assets [Table Text Block]
 
 
 
Fair Value Measurements at December 31, 2015 1
(Dollars in millions)
Total
Level 1
 
Level 2
 
Level 3
Money market funds 2

$83

 

$83

 

$—

 

$—

Equity securities
1,416

 
1,416

 
—

 
—

Mutual funds 3:
 
 
 
 
 
 
 
Equity index fund
48

 
48

 
—

 
—

Tax exempt municipal bond funds
84

 
84

 
—

 
—

Taxable fixed income index funds
13

 
13

 
—

 
—

Futures contracts
(11
)
 
—

 
(11
)
 
—

Fixed income securities
1,381

 
—

 
1,381

 
—

Other assets
11

 
11

 
—

 
—

Total plan assets

$3,025

 

$1,655

 

$1,370

 

$—

1 Fair value measurements do not include pension benefits accrued income amounting to less than 0.4% of total plan assets.
2 Includes $11 million for other postretirement benefit plans.
3 Relates exclusively to other postretirement benefit plans.

 
 
 
Fair Value Measurements at December 31, 2014 1
(Dollars in millions)
Total
Level 1
 
Level 2
 
Level 3
Money market funds 2

$135

 

$135

 

$—

 

$—

Equity securities
1,467

 
1,467

 
—

 
—

Mutual funds 3:
 
 
 
 
 
 
 
Equity index fund
51

 
51

 
—

 
—

Tax exempt municipal bond funds
82

 
82

 
—

 
—

Taxable fixed income index funds
14

 
14

 
—

 
—

Futures contracts
(21
)
 
—

 
(21
)
 
—

Fixed income securities
1,478

 
107

 
1,371

 
—

Other assets
17

 
17

 
—

 
—

Total plan assets

$3,223

 

$1,873

 

$1,350

 

$—

1 Fair value measurements do not include pension benefits accrued income amounting to less than 0.6% of total plan assets.
2 Includes $13 million for other postretirement benefit plans.
3 Relates exclusively to other postretirement benefit plans.
 
Pension Benefits
 
Other Postretirement Benefits
 
Target Allocation
 
% of plan assets
 
Target Allocation
 
% of plan assets
 
 
2015
 
2014
 
 
2015
 
2014
Cash equivalents
0-10
%
 
3
%
 
4
%
 
5-15
%
 
7
%
 
8
%
Equity securities
0-50
 
 
49

 
48

 
20-40
 
 
31

 
32

Debt securities
50-100
 
 
48

 
48

 
50-70
 
 
62

 
60

Total
 
 
 
100
%
 
100
%
 
 
 
 
100
%
 
100
%
Schedule of Expected Benefit Payments [Table Text Block]
(Dollars in millions)
Pension Benefits 1
 
Other Postretirement Benefits (excluding Medicare Subsidy) 2
Employer Contributions:
 
 
 
2016 (expected) to plan trusts

$—

 

$—

2016 (expected) to plan participants 3
8

 
—

 
 
 
 
Expected Benefit Payments:
 
 
 
2016
191

 
7

2017
172

 
7

2018
166

 
6

2019
165

 
5

2020
167

 
5

2021 - 2025
819

 
20

1 Based on the funding status and ERISA limitations, the Company anticipates contributions to the Retirement Plan will not be required during 2016.
2 Expected payments under other postretirement benefit plans are shown net of participant contributions.
3 The expected benefit payments for the SERP will be paid directly from the Company's corporate assets.
Defined Contribution Plan Disclosures [Table Text Block]
 
Performance Year 1
(Dollars in millions)
2015
 
2014
 
2013
Contribution

$19

 

$19

 

$19

Percentage of eligible pay
1
%
 
1
%
 
1
%
1 Contributions for each of these performance years are paid in the first quarter of the following performance year.