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SunTrust Banks, Inc. (Parent Company Only) Financial Information Income Statement (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Income Statement [Table Text Block]
 
Year Ended December 31
(Dollars in millions)
2017
 
2016
 
2015
Income
 
 
 
 
 
Dividends 1

$1,414

 

$1,300

 

$1,159

Interest from loans to subsidiaries
25

 
15

 
8

Interest from deposits at banks
22

 
12

 
5

Other income
5

 
2

 
9

Total income
1,466

 
1,329

 
1,181

Expense
 
 
 
 
 
Interest on short-term borrowings
4

 
2

 
1

Interest on long-term debt
137

 
140

 
128

Employee compensation and benefits 2
103

 
57

 
69

Service fees to subsidiaries
12

 
12

 
6

Other expense
33

 
24

 
21

Total expense
289

 
235

 
225

Income before income tax benefit and equity in undistributed income of subsidiaries
1,177

 
1,094

 
956

Income tax benefit
72

 
59

 
61

Income before equity in undistributed income of subsidiaries
1,249

 
1,153

 
1,017

Equity in undistributed income of subsidiaries
1,024

 
725

 
916

Net income

$2,273

 

$1,878

 

$1,933

Total other comprehensive income/(loss), net of tax
1

 
(356
)
 
(338
)
Total comprehensive income

$2,274

 

$1,522

 

$1,595

1 Substantially all dividend income is from subsidiaries (primarily the Bank).
2 Includes incentive compensation allocations between the Parent Company and subsidiaries.