10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2018

Commission file number 001-08918

SunTrust Banks, Inc.

(Exact name of registrant as specified in its charter)

Georgia	58-1575035
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

303 Peachtree Street, N.E., Atlanta, Georgia 30308

(Address of principal executive offices) (Zip Code)

(800) 786-8787

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    

Yes  þ    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    

Yes  þ    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	þ	Accelerated filer	¨
Non-accelerated filer	¨  (Do not check if a smaller reporting company)	Smaller reporting company	¨
		Emerging growth company	¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).        Yes  ¨    No  þ

At April 30, 2018, 464,826,552 shares of the registrant’s common stock, $1.00 par value, were outstanding.

TABLE OF CONTENTS

		Page
GLOSSARY OF DEFINED TERMS		i
PART I - FINANCIAL INFORMATION		1
Item 1.	Financial Statements (Unaudited)	2
	Consolidated Statements of Income	2
	Consolidated Statements of Comprehensive Income	3
	Consolidated Balance Sheets	4
	Consolidated Statements of Shareholders’ Equity	5
	Consolidated Statements of Cash Flows	6
	Notes to Consolidated Financial Statements (Unaudited)	7
	Note 1 - Significant Accounting Policies	7
	Note 2 - Revenue Recognition	11
	Note 3 - Federal Funds Sold and Securities Financing Activities	15
	Note 4 - Trading Assets and Liabilities and Derivative Instruments	16
	Note 5 - Securities Available for Sale	17
	Note 6 - Loans	21
	Note 7 - Allowance for Credit Losses	28
	Note 8 - Goodwill and Other Intangible Assets	29
	Note 9 - Other Assets	32
	Note 10 - Certain Transfers of Financial Assets and Variable Interest Entities	32
	Note 11 - Net Income Per Common Share	35
	Note 12 - Income Taxes	35
	Note 13 - Employee Benefit Plans	36
	Note 14 - Guarantees	37
	Note 15 - Derivative Financial Instruments	39
	Note 16 - Fair Value Election and Measurement	47
	Note 17 - Contingencies	60
	Note 18 - Business Segment Reporting	62
	Note 19 - Accumulated Other Comprehensive Loss	65
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operation	66
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	96
Item 4.	Controls and Procedures	96
PART II - OTHER INFORMATION		96
Item 1.	Legal Proceedings	96
Item 1A.	Risk Factors	96
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	98
Item 3.	Defaults Upon Senior Securities	99
Item 4.	Mine Safety Disclosures	99
Item 5.	Other Information	99
Item 6.	Exhibits	99
SIGNATURE		100

GLOSSARY OF DEFINED TERMS

2017 Tax Act — Tax Cuts and Jobs Act of 2017.

ABS — Asset-backed securities.

ACH — Automated clearing house.

AFS — Available for sale.

AIP — Annual Incentive Plan.

ALCO— Asset/Liability Management Committee.

ALM — Asset/Liability Management.

ALLL — Allowance for loan and lease losses.

AOCI — Accumulated other comprehensive income.

APIC — Additional paid-in capital.

ASC — Accounting Standards Codification.

ASU— Accounting Standards Update.

ATE— Additional termination event.

ATM — Automated teller machine.

Bank — SunTrust Bank.

Basel III — the Third Basel Accord, a comprehensive set of reform measures developed by the BCBS.

BCBS — Basel Committee on Banking Supervision.

BHC— Bank holding company.

Board — the Company’s Board of Directors.

bps— Basis points.

BRC— Board Risk Committee.

CCAR— Comprehensive Capital Analysis and Review.

CCB — Capital conservation buffer.

CD— Certificate of deposit (time deposit).

CDR — Conditional default rate.

CDS — Credit default swaps.

CEO — Chief Executive Officer.

CET1 — Common Equity Tier 1 Capital.

CFO — Chief Financial Officer.

CIB — Corporate and investment banking.

C&I — Commercial and industrial.

Class A shares — Visa Inc. Class A common stock.

Class B shares — Visa Inc. Class B common stock.

CME — Chicago Mercantile Exchange.

Company — SunTrust Banks, Inc.

CP— Commercial paper.

CPR — Conditional prepayment rate.

CRE — Commercial real estate.

CSA — Credit support annex.

DDA — Demand deposit account.

DOJ— Department of Justice.

DTA— Deferred tax asset.

DTL — Deferred tax liability.

DVA — Debit valuation adjustment.

EPS — Earnings per share.

ER — Enterprise Risk.

ERISA — Employee Retirement Income Security Act of 1974.

Exchange Act — Securities Exchange Act of 1934.

Fannie Mae — Federal National Mortgage Association.

FASB — Financial Accounting Standards Board.

Freddie Mac — Federal Home Loan Mortgage Corporation.

FDIC— Federal Deposit Insurance Corporation.

Federal Reserve — Federal Reserve System.

Fed Funds — Federal funds.

FHA — Federal Housing Administration.

FHLB — Federal Home Loan Bank.

FICO — Fair Isaac Corporation.

Fitch — Fitch Ratings Ltd.

FRB — Board of Governors of the Federal Reserve System.

FTE — Fully taxable-equivalent.

FVO — Fair value option.

GFO — GFO Advisory Services, LLC.

Ginnie Mae — Government National Mortgage Association.

GSE — Government-sponsored enterprise.

HAMP — Home Affordable Modification Program.

HUD — U.S. Department of Housing and Urban Development.

IPO — Initial public offering.

IRLC — Interest rate lock commitment.

ISDA — International Swaps and Derivatives Association.

LCH— LCH.Clearnet Limited.

LCR— Liquidity coverage ratio.

LGD — Loss given default.

LHFI — Loans held for investment.

LHFS — Loans held for sale.

LIBOR — London InterBank Offered Rate.

LOCOM — Lower of cost or market.

LTI— Long-term incentive.

LTV— Loan to value.

MasterCard — MasterCard International.

MBS — Mortgage-backed securities.

MD&A — Management’s Discussion and Analysis of Financial Condition and Results of Operation.

Moody’s — Moody’s Investors Service.

MRA—Master Repurchase Agreement.

MRM—Market Risk Management.

MRMG — Model Risk Management Group.

MSR — Mortgage servicing right.

MVE — Market value of equity.

NCF— National Commerce Financial Corporation.

NOL— Net operating loss.

NOW — Negotiable order of withdrawal account.

NPA — Nonperforming asset.

NPL — Nonperforming loan.

NPR — Notice of proposed rulemaking.

NSFR— Net stable funding ratio.

OCC — Office of the Comptroller of the Currency.

OCI — Other comprehensive income.

OREO — Other real estate owned.

OTC — Over-the-counter.

OTTI — Other-than-temporary impairment.

PAC — Premium Assignment Corporation.

Parent Company — SunTrust Banks, Inc. (the parent Company of SunTrust Bank and other subsidiaries).

PD — Probability of default.

Pillar — substantially all of the assets of the operating subsidiaries of Pillar Financial, LLC.

PPNR — Pre-provision net revenue.

PWM — Private Wealth Management.

REIT— Real estate investment trust.

ROA— Return on average total assets.

ROE — Return on average common shareholders’ equity.

ROTCE— Return on average tangible common shareholders' equity.

i

RSU — Restricted stock unit.

RWA— Risk-weighted assets.

S&P — Standard and Poor’s.

SBA — Small Business Administration.

SEC — U.S. Securities and Exchange Commission.

STAS — SunTrust Advisory Services, Inc.

STCC— SunTrust Community Capital, LLC.

STIS — SunTrust Investment Services, Inc.

STM — SunTrust Mortgage, Inc.

STRH — SunTrust Robinson Humphrey, Inc.

SunTrust — SunTrust Banks, Inc.

TDR — Troubled debt restructuring.

TRS — Total return swaps.

U.S. — United States.

U.S. GAAP — Generally Accepted Accounting Principles in the U.S.

U.S. Treasury — the U.S. Department of the Treasury.

UPB— Unpaid principal balance.

UTB — Unrecognized tax benefit.

VA — U.S. Department of Veterans Affairs.

VAR — Value at risk.

VI — Variable interest.

VIE — Variable interest entity.

Visa — the Visa, U.S.A. Inc. card association or its affiliates, collectively.

Visa Counterparty — a financial institution that purchased the Company's Visa Class B shares.

ii

PART I - FINANCIAL INFORMATION

The following unaudited financial statements have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X, and accordingly do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. However, in the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary to comply with Regulation S-X have been included. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2018.

1

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

SunTrust Banks, Inc.

Consolidated Statements of Income

	Three Months Ended March 31
(Dollars in millions and shares in thousands, except per share data) (Unaudited)	2018		2017
Interest Income
Interest and fees on loans held for investment		$1,398		$1,289
Interest and fees on loans held for sale	21		24
Interest on securities available for sale 1	206		182
Trading account interest and other 1	43		33
Total interest income	1,668		1,528
Interest Expense
Interest on deposits	131		80
Interest on long-term debt	74		70
Interest on other borrowings	22		12
Total interest expense	227		162
Net interest income	1,441		1,366
Provision for credit losses	28		119
Net interest income after provision for credit losses	1,413		1,247
Noninterest Income
Service charges on deposit accounts	146		148
Other charges and fees	87		95
Card fees	81		82
Investment banking income	131		167
Trading income	42		51
Trust and investment management income	75		75
Retail investment services	72		68
Mortgage servicing related income	54		58
Mortgage production related income	36		53
Commercial real estate related income	23		20
Net securities gains	1		—
Other noninterest income	48		30
Total noninterest income	796		847
Noninterest Expense
Employee compensation	707		717
Employee benefits	146		135
Outside processing and software	206		205
Net occupancy expense	94		92
Marketing and customer development	41		42
Regulatory assessments	41		48
Equipment expense	40		39
Amortization	15		13
Operating losses	6		32
Other noninterest expense	121		142
Total noninterest expense	1,417		1,465
Income before provision for income taxes	792		629
Provision for income taxes	147		159
Net income including income attributable to noncontrolling interest	645		470
Less: Net income attributable to noncontrolling interest	2		2
Net income		$643		$468
Net income available to common shareholders		$612		$451
Net income per average common share:
Diluted		$1.29		$0.91
Basic	1.31		0.92
Dividends declared per common share	0.40		0.26
Average common shares outstanding - diluted	473,620		496,002
Average common shares outstanding - basic	468,723		490,091

¹Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

See accompanying Notes to Consolidated Financial Statements (unaudited).

2

SunTrust Banks, Inc.

Consolidated Statements of Comprehensive Income

	Three Months Ended March 31
(Dollars in millions) (Unaudited)	2018			2017
Net income		$643			$468
Components of other comprehensive loss:
Change in net unrealized (losses)/gains on securities available for sale, net of tax of ($130) and $1, respectively	(425		)	2
Change in net unrealized losses on derivative instruments, net of tax of ($38) and ($24), respectively	(124		)	(42		)
Change in net unrealized gains on brokered time deposits, net of tax of $0 and $0, respectively	1			—
Change in credit risk adjustment on long-term debt, net of tax of $1 and ($1), respectively	2			(1		)
Change related to employee benefit plans, net of tax of $1 and ($1), respectively	(2		)	(5		)
Total other comprehensive loss, net of tax	(548		)	(46		)
Total comprehensive income		$95			$422

See accompanying Notes to Consolidated Financial Statements (unaudited).

3

SunTrust Banks, Inc.

Consolidated Balance Sheets

(Dollars in millions and shares in thousands, except per share data)	March 31, 2018			December 31, 2017
Assets	(Unaudited)
Cash and due from banks		$5,851			$5,349
Federal funds sold and securities borrowed or purchased under agreements to resell	1,428			1,538
Interest-bearing deposits in other banks	25			25
Cash and cash equivalents	7,304			6,912
Trading assets and derivative instruments 1	5,112			5,093
Securities available for sale 2, 3	30,934			30,947
Loans held for sale ($1,428 and $1,577 at fair value at March 31, 2018 and December 31, 2017, respectively)	2,377			2,290
Loans held for investment 4 ($188 and $196 at fair value at March 31, 2018 and December 31, 2017, respectively)	142,618			143,181
Allowance for loan and lease losses	(1,694		)	(1,735		)
Net loans held for investment	140,924			141,446
Premises and equipment, net	1,628			1,734
Goodwill	6,331			6,331
Other intangible assets (Residential MSRs at fair value: $1,916 and $1,710 at March 31, 2018 and December 31, 2017, respectively)	1,996			1,791
Other assets 3 ($143 and $56 at fair value at March 31, 2018 and December 31, 2017, respectively)	8,279			9,418
Total assets		$204,885			$205,962
Liabilities
Noninterest-bearing deposits		$43,494			$42,784
Interest-bearing deposits ($302 and $236 at fair value at March 31, 2018 and December 31, 2017, respectively)	118,885			117,996
Total deposits	162,379			160,780
Funds purchased	1,189			2,561
Securities sold under agreements to repurchase	1,677			1,503
Other short-term borrowings	706			717
Long-term debt 5 ($209 and $530 at fair value at March 31, 2018 and December 31, 2017, respectively)	10,692			9,785
Trading liabilities and derivative instruments	1,737			1,283
Other liabilities	2,236			4,179
Total liabilities	180,616			180,808
Shareholders’ Equity
Preferred stock, no par value	2,025			2,475
Common stock, $1.00 par value	552			550
Additional paid-in capital	8,960			9,000
Retained earnings	18,107			17,540
Treasury stock, at cost, and other 6	(3,853		)	(3,591		)
Accumulated other comprehensive loss, net of tax	(1,522		)	(820		)
Total shareholders’ equity	24,269			25,154
Total liabilities and shareholders’ equity		$204,885			$205,962
Common shares outstanding 7	469,708			470,931
Common shares authorized	750,000			750,000
Preferred shares outstanding	20			25
Preferred shares authorized	50,000			50,000
Treasury shares of common stock	82,223			79,133
1 Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral		$1,248			$1,086
2 Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral	214			223
3 Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets. Reclassifications have been made to previously reported amounts for comparability.
4 Includes loans held for investment of consolidated VIEs	171			179
5 Includes debt of consolidated VIEs	182			189
6 Includes noncontrolling interest	101			103
7 Includes restricted shares	9			9

See accompanying Notes to Consolidated Financial Statements (unaudited).

4

SunTrust Banks, Inc.

Consolidated Statements of Shareholders’ Equity

(Dollars and shares in millions, except per share data) (Unaudited)	Preferred Stock			Common Shares Outstanding		Common Stock		Additional Paid-in Capital			Retained Earnings			Treasury Stock and Other 1			Accumulated Other Comprehensive Loss			Total
Balance, January 1, 2017		$1,225		491			$550		$9,010			$16,000			($2,346	)		($821	)		$23,618
Net income	—			—		—		—			468			—			—			468
Other comprehensive loss	—			—		—		—			—			—			(46		)	(46		)
Change in noncontrolling interest	—			—		—		—			—			(2		)	—			(2		)
Common stock dividends, $0.26 per share	—			—		—		—			(128		)	—			—			(128		)
Preferred stock dividends 2	—			—		—		—			(17		)	—			—			(17		)
Repurchase of common stock	—			(7	)	—		—			—			(414		)	—			(414		)
Exercise of stock options and stock compensation expense	—			1		—		(12		)	—			21			—			9
Restricted stock activity	—			1		—		(32		)	(1		)	29			—			(4		)
Balance, March 31, 2017		$1,225		486			$550		$8,966			$16,322			($2,712	)		($867	)		$23,484
Balance, January 1, 2018		$2,475		471			$550		$9,000			$17,540			($3,591	)		($820	)		$25,154
Cumulative effect adjustment related to ASU adoptions 3	—			—		—		—			144			—			(154		)	(10		)
Net income	—			—		—		—			643			—			—			643
Other comprehensive loss	—			—		—		—			—			—			(548		)	(548		)
Change in noncontrolling interest	—			—		—		—			—			(2		)	—			(2		)
Common stock dividends, $0.40 per share	—			—		—		—			(187		)	—			—			(187		)
Preferred stock dividends 2	—			—		—		—			(31		)	—			—			(31		)
Redemption of preferred stock, Series E	(450		)	—		—		—			—			—			—			(450		)
Repurchase of common stock	—			(5	)	—		—			—			(330		)	—			(330		)
Exercise of stock options and stock compensation expense	—			1		—		—			—			32			—			32
Exercise of stock warrant	—			2		2		—			—			—			—			2
Restricted stock activity	—			1		—		(40		)	(2		)	38			—			(4		)
Balance, March 31, 2018		$2,025		470			$552		$8,960			$18,107			($3,853	)		($1,522	)		$24,269

¹ At March 31, 2018, includes ($3,953) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.

At March 31, 2017, includes ($2,812) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.

² For the three months ended March 31, 2018, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, $1,406 per share for Series F Preferred Stock, $1,038 per share for Series G Preferred Stock, and $1,281 per share for Series H Preferred Stock.

For the three months ended March 31, 2017, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, and $1,406 per share for Series F Preferred Stock.

³ Related to the Company's adoption of ASU 2014-09, ASU 2016-01, ASU 2017-12, and ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

See accompanying Notes to Consolidated Financial Statements (unaudited).

5

SunTrust Banks, Inc. Consolidated Statements of Cash Flows
	Three Months Ended March 31
(Dollars in millions) (Unaudited)	2018			2017
Cash Flows from Operating Activities:
Net income including income attributable to noncontrolling interest		$645			$470
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation, amortization, and accretion	175			179
Origination of servicing rights	(80		)	(101		)
Provisions for credit losses and foreclosed property	30			121
Stock-based compensation	56			58
Net securities gains	(1		)	—
Net losses/(gains) on sale of loans held for sale, loans, and other assets	11			(6		)
Net (increase)/decrease in loans held for sale	(100		)	2,056
Net increase in trading assets and derivative instruments	(182		)	(8		)
Net increase in other assets 1	(644		)	(389		)
Net decrease in other liabilities 1	(110		)	(284		)
Net cash (used in)/provided by operating activities	(200		)	2,096
Cash Flows from Investing Activities:
Proceeds from maturities, calls, and paydowns of securities available for sale	858			993
Proceeds from sales of securities available for sale	1,663			—
Purchases of securities available for sale	(2,689		)	(1,450		)
Net decrease/(increase) in loans, including purchases of loans	413			(492		)
Proceeds from sales of loans	36			118
Net cash paid for servicing rights	(60		)	—
Capital expenditures	(67		)	(43		)
Proceeds from the sale of other real estate owned and other assets	52			55
Other investing activities 1	3			2
Net cash provided by/(used in) investing activities	209			(817		)
Cash Flows from Financing Activities:
Net increase in total deposits	1,599			2,455
Net decrease in funds purchased, securities sold under agreements to repurchase, and other short-term borrowings	(1,209		)	(68		)
Proceeds from issuance of long-term debt	1,311			1,340
Repayments of long-term debt	(333		)	(2,576		)
Repurchase of preferred stock	(450		)	—
Repurchase of common stock	(330		)	(414		)
Common and preferred stock dividends paid	(197		)	(138		)
Taxes paid related to net share settlement of equity awards	(42		)	(36		)
Proceeds from exercise of stock options and warrants	34			9
Net cash provided by financing activities	383			572
Net increase in cash and cash equivalents	392			1,851
Cash and cash equivalents at beginning of period	6,912			6,423
Cash and cash equivalents at end of period		$7,304			$8,274
Supplemental Disclosures:
Loans transferred from loans held for sale to loans held for investment		$6			$7
Loans transferred from loans held for investment to loans held for sale	204			60
Loans transferred from loans held for investment and loans held for sale to other real estate owned	19			15

¹ Related to the Company's adoption of ASU 2016-15, certain prior period amounts have been retrospectively reclassified between operating activities and investing activities. See Note 1, "Significant Accounting Policies," for additional information.

See accompanying Notes to Consolidated Financial Statements (unaudited).

6

Notes to Consolidated Financial Statements (Unaudited)

NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation and Basis of Presentation

The unaudited Consolidated Financial Statements included within this report have been prepared in accordance with U.S. GAAP to present interim financial statement information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete, consolidated financial statements. However, in the opinion of management, all adjustments, consisting only of normal recurring adjustments that are necessary for a fair presentation of the results of operations in these financial statements, have been made.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying Notes; actual results could vary from these estimates. Certain reclassifications have been made to prior period amounts to conform to the current period presentation. Interim Consolidated Financial Statements should be read in conjunction with the Company’s 2017 Annual Report on Form 10-K.

Changes in Significant Accounting Policies

Pursuant to the Company's adoption of certain ASUs as of January 1, 2018, the following significant accounting policies have been added to or updated from those disclosed in the Company's 2017 Annual Report on Form 10-K:

Revenue Recognition

In the ordinary course of business, the Company recognizes revenue as services are rendered, or as transactions occur, and as collectability is reasonably assured. For the Company's revenue recognition accounting policies, see Note 2, “Revenue Recognition.”

Trading Activities and Securities AFS

Trading assets and liabilities are measured at fair value with changes in fair value recognized within Noninterest income in the Company's Consolidated Statements of Income.

Securities AFS are used as part of the overall asset and liability management process to optimize income and market performance over an entire interest rate cycle. Interest income on securities AFS are recognized on an accrual basis in Interest income in the Company's Consolidated Statements of Income. Premiums and discounts on securities AFS are amortized or accreted as an adjustment to yield over the life of the security. The Company estimates principal prepayments on securities AFS for which prepayments are probable and the timing and amount of prepayments can be reasonably estimated. The estimates are informed by analyses of both historical prepayments and anticipated macroeconomic conditions, such as spot interest rates compared to implied forward interest rates. The estimate of prepayments for these securities impacts their lives and thereby the amortization or accretion of associated premiums and discounts. Securities AFS are measured at fair value with unrealized gains and losses, net of any tax effect, included in AOCI as a component of shareholders’ equity. Realized gains and losses, including OTTI, are determined using the specific identification method and are recognized as a

component of Noninterest income in the Consolidated Statements of Income.

Securities AFS are reviewed for OTTI on a quarterly basis. In determining whether OTTI exists for securities AFS in an unrealized loss position, the Company assesses whether it has the intent to sell the security or assesses the likelihood of selling the security prior to the recovery of its amortized cost basis. If the Company intends to sell the security or it is more-likely-than-not that the Company will be required to sell the security prior to the recovery of its amortized cost basis, the security is written down to fair value, and the full amount of any impairment charge is recognized as a component of Noninterest income in the Consolidated Statements of Income. If the Company does not intend to sell the security and it is more-likely-than-not that the Company will not be required to sell the security prior to recovery of its amortized cost basis, only the credit component of any impairment of a security is recognized as a component of Noninterest income in the Consolidated Statements of Income, with the remaining impairment balance recorded in OCI.

For additional information on the Company’s trading and securities AFS activities, see Note 4, “Trading Assets and Liabilities and Derivatives,” and Note 5, “Securities Available for Sale.”

Equity Securities

The Company records equity securities that are not classified as trading assets or liabilities within Other assets in its Consolidated Balance Sheets.

Investments in equity securities with readily determinable fair values are measured at fair value, with changes in the fair value recognized as a component of Noninterest income in the Company's Consolidated Statements of Income.

Investments in equity investments that do not have readily determinable fair values are accounted for at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer, also referred to as the measurement alternative. Any adjustments to the carrying value of these investments are recorded in Noninterest income in the Company's Consolidated Statements of Income.

For additional information on the Company's equity securities, see Note 9, “Other Assets,” and Note 16, “Fair Value Election and Measurement.”

Derivative Instruments and Hedging Activities

The Company records derivative contracts at fair value in the Consolidated Balance Sheets. Accounting for changes in the fair value of a derivative depends upon whether or not it has been designated in a formal, qualifying hedging relationship. 

Changes in the fair value of derivatives not designated in a hedging relationship are recorded in noninterest income. This includes derivatives that the Company enters into in a dealer capacity to facilitate client transactions and as a risk management tool to economically hedge certain identified risks, along with certain IRLCs on residential mortgage and commercial loans that are a normal part of the Company’s operations. The Company also evaluates contracts, such as brokered deposits and debt, to

7

Notes to Consolidated Financial Statements (Unaudited), continued

determine whether any embedded derivatives are required to be bifurcated and separately accounted for as freestanding derivatives.

Certain derivatives used as risk management tools are designated as accounting hedges of the Company’s exposure to changes in interest rates or other identified market risks. The Company prepares written hedge documentation for all derivatives which are designated as hedges of (i) changes in the fair value of a recognized asset or liability (fair value hedge) attributable to a specified risk or (ii) a forecasted transaction, such as the variability of cash flows to be received or paid related to a recognized asset or liability (cash flow hedge). The written hedge documentation includes identification of, among other items, the risk management objective, hedging instrument, hedged item and methodologies for assessing and measuring hedge effectiveness, along with support for management’s assertion that the hedge will be highly effective. Methodologies related to hedge effectiveness include (i) statistical regression analysis of changes in the cash flows of the actual derivative and a perfectly effective hypothetical derivative, or (ii) statistical regression analysis of changes in the fair values of the actual derivative and the hedged item.

For designated hedging relationships, subsequent to the initial assessment of hedge effectiveness, the Company generally performs retrospective and prospective effectiveness testing using a qualitative approach. Assessments of hedge effectiveness are performed at least quarterly. Changes in the fair value of a derivative that is highly effective and that has been designated and qualifies as a fair value hedge are recorded in current period earnings, in the same line item with the changes in the fair value of the hedged item that are attributable to the hedged risk. The changes in the fair value of a derivative that is highly effective and that has been designated and qualifies as a cash flow hedge is initially recorded in AOCI and reclassified to earnings in the same period that the hedged item impacts earnings. The amount

reclassified to earnings is recorded in the same line item as the earnings effect of the hedged item.

Hedge accounting ceases for hedging relationships that are no longer deemed effective, or for which the derivative has been terminated or de-designated. For discontinued fair value hedges where the hedged item remains outstanding, the hedged item would cease to be remeasured at fair value attributable to changes in the hedged risk and any existing basis adjustment would be recognized as an adjustment to earnings over the remaining life of the hedged item. For discontinued cash flow hedges, the unrealized gains and losses recorded in AOCI would be reclassified to earnings in the period when the previously designated hedged cash flows occur unless it was determined that transaction was probable to not occur, whereby any unrealized gains and losses in AOCI would be immediately reclassified to earnings.

It is the Company's policy to offset derivative transactions with a single counterparty as well as any cash collateral paid to and received from that counterparty for derivative contracts that are subject to ISDA or other legally enforceable netting arrangements and meet accounting guidance for offsetting treatment. For additional information on the Company’s derivative activities, see Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement.”

Subsequent Events

The Company evaluated events that occurred between March 31, 2018 and the date the accompanying financial statements were issued, and there were no material events, other than those already discussed in this Form 10-Q, that would require recognition in the Company's Consolidated Financial Statements or disclosure in the accompanying Notes.

Accounting Pronouncements

The following table summarizes ASUs issued by the FASB that were adopted during the current year or not yet adopted as of March 31, 2018, that could have a material effect on the Company's financial statements:

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018
ASU 2014-09, Revenue from Contracts with Customers (ASC Topic 606) and subsequent related ASUs	These ASUs comprise ASC Topic 606, Revenue from Contracts with Customers, which supersede the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the ASC. The core principle of these ASUs is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.	January 1, 2018	The Company adopted these ASUs on a modified retrospective basis beginning January 1, 2018. Upon adoption, the Company recognized an immaterial cumulative effect adjustment that resulted in a decrease to the beginning balance of retained earnings as of January 1, 2018. Furthermore, the Company prospectively changed the presentation of certain types of revenue and expenses, such as underwriting revenue within investment banking income which is shown on a gross basis, and certain cash promotions and card network expenses, which were reclassified from noninterest expense to service charges on deposit accounts, card fees, and other charges and fees. The net quantitative impact of these presentation changes decreased both revenue and expenses by $3 million for the three months ended March 31, 2018; however, these presentation changes did not have an impact on net income. Prior period balances have not been restated to reflect these presentation changes. See Note 2, “Revenue Recognition,” for disclosures relating to ASC Topic 606.

8

Notes to Consolidated Financial Statements (Unaudited), continued

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities; and ASU 2018-03, Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities	These ASUs amend ASC Topic 825, Financial Instruments-Overall, and address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The main provisions require most investments in equity securities to be measured at fair value through net income, unless they qualify for a measurement alternative, and require fair value changes arising from changes in instrument-specific credit risk for financial liabilities that are measured under the fair value option to be recognized in other comprehensive income. With the exception of disclosure requirements and the application of the measurement alternative for certain equity investments that was adopted prospectively, these ASUs must be adopted on a modified retrospective basis.	January 1, 2018 Early adoption was permitted for the provision related to changes in instrument-specific credit risk for financial liabilities under the FVO.	The Company early adopted the provision related to changes in instrument-specific credit risk beginning January 1, 2016, which resulted in an immaterial cumulative effect adjustment from retained earnings to AOCI. See Note 1, “Significant Accounting Policies,” to the Company's 2016 Annual Report on Form 10-K for additional information regarding the early adoption of this provision. Additionally, the Company adopted the remaining provisions of these ASUs beginning January 1, 2018, which resulted in an immaterial cumulative effect adjustment to the beginning balance of retained earnings. In connection with the adoption of these ASUs, an immaterial amount of equity securities previously classified as securities AFS were reclassified to other assets, as the AFS classification is no longer permitted for equity securities under these ASUs. Subsequent to adoption of these ASUs, an observable transaction occurred relating to an equity investment without a readily determinable fair value. As a result, the Company recognized a $23 million increase in Other assets on its Consolidated Balance Sheets and in Other noninterest income on its Consolidated Statements of Income. See Note 9, “Other Assets,” and Note 16, “Fair Value Election and Measurement,” for additional information. The remaining provisions and disclosure requirements of these ASUs did not have a material impact on the Company's Consolidated Financial Statements and related disclosures upon adoption.
ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments	The ASU amends ASC Topic 230, Statement of Cash Flows, to clarify the classification of certain cash receipts and payments within the Company's Consolidated Statements of Cash Flows. These items include: cash payments for debt prepayment or debt extinguishment costs; cash outflows for the settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned and bank-owned life insurance policies; distributions received from equity method investees; and beneficial interests acquired in securitization transactions. The ASU also clarifies that when no specific U.S. GAAP guidance exists and the source of the cash flows are not separately identifiable, the predominant source of cash flow should be used to determine the classification for the item. The ASU must be adopted on a retrospective basis.	January 1, 2018	The Company adopted this ASU on a retrospective basis effective January 1, 2018 and changed the presentation of certain cash payments and receipts within its Consolidated Statements of Cash Flows. Specifically, the Company changed the presentation of proceeds from the settlement of bank-owned life insurance policies from operating activities to investing activities. The Company also changed the presentation of cash payments related to premiums paid for bank-owned life insurance policies from operating activities to investing activities. Lastly, for contingent consideration payments made more than three months after a business combination, the Company changed the presentation for the portion of the cash payment up to the acquisition date fair value of the contingent consideration as a financing activity and any amount paid in excess of the acquisition date fair value as an operating activity. For both the three months ending March 31, 2018 and 2017, the amount of cash payments and receipts relating to these changes were immaterial to the Company’s Consolidated Statements of Cash Flows.
ASU 2017-09, Stock Compensation (Topic 718): Scope of Modification Accounting	This ASU amends ASC Topic 718, Stock Compensation, to provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting per ASC Topic 718, Stock Compensation. The amendments clarify that modification accounting only applies to an entity if the fair value, vesting conditions, or classification of the award changes as a result of changes in the terms or conditions of a share-based payment award. The ASU should be applied prospectively to awards modified on or after the adoption date.	January 1, 2018	The Company adopted this ASU on January 1, 2018 and upon adoption, the ASU did not have a material impact on the Company's Consolidated Financial Statements and related disclosures.

9

Notes to Consolidated Financial Statements (Unaudited), continued

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities	The ASU amends ASC Topic 815, Derivatives and Hedging, to simplify the requirements for hedge accounting. Key amendments include: eliminating the requirement to separately measure and report hedge ineffectiveness, requiring changes in the value of the hedging instrument to be presented in the same income statement line as the earnings effect of the hedged item, and the ability to measure the hedged item based on the benchmark interest rate component of the total contractual coupon for fair value hedges. These changes expand the types of risk management strategies eligible for hedge accounting. The ASU also permits entities to qualitatively assert that a hedging relationship was and continues to be highly effective. New incremental disclosures are also required for reporting periods subsequent to the date of adoption. All transition requirements and elections should be applied to hedging relationships existing on the date of adoption using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU beginning January 1, 2018 and modified its measurement methodology for certain hedged items designated under fair value hedge relationships. The Company elected to perform its subsequent assessments of hedge effectiveness using a qualitative, rather than a quantitative, approach. The adoption resulted in an immaterial cumulative effect adjustment to the opening balance of retained earnings and a basis adjustment to the related hedged items. For additional information on the Company’s derivative and hedging activities, see Note 15, “Derivative Financial Instruments.”
ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from AOCI	This ASU amends ASC Topic 220, Income Statement - Reporting Comprehensive Income, to allow for a reclassification from AOCI to Retained earnings for the tax effects stranded in AOCI as a result of the remeasurement of DTAs and DTLs for the change in the federal corporate tax rate pursuant to the 2017 Tax Act, which was recognized through the income tax provision in 2017. The Company may apply this ASU at the beginning of the period of adoption or retrospectively to all periods in which the 2017 Tax Act is enacted.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU as of January 1, 2018. Upon adoption of this ASU, the Company elected to reclassify $182 million of stranded tax effects relating to securities AFS, derivative instruments, credit risk on long-term debt, and employee benefit plans from AOCI to retained earnings. This amount was offset by $28 million of stranded tax effects relating to equity securities previously classified as securities AFS, resulting in a net $154 million increase to retained earnings.
Standards Not Yet Adopted
ASU 2016-02, Leases	The ASU creates ASC Topic 842, Leases, which supersedes ASC Topic 840, Leases. ASC Topic 842 requires lessees to recognize right-of-use assets and associated liabilities that arise from leases, with the exception of short-term leases. The ASU does not make significant changes to lessor accounting; however, there were certain improvements made to align lessor accounting with the lessee accounting model and ASC Topic 606, Revenue from Contracts with Customers. There are several new qualitative and quantitative disclosures required. Upon transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company has formed a cross-functional team to oversee the implementation of this ASU. The Company's implementation efforts are ongoing, including the review of its lease portfolios and related lease accounting policies, the review of its service contracts for embedded leases, and the deployment of a new lease software solution. The Company's adoption of this ASU, which is expected to occur on January 1, 2019, will result in an increase in right-of-use assets and associated lease liabilities, arising from operating leases in which the Company is the lessee, on its Consolidated Balance Sheets. The amount of the right-of-use assets and associated lease liabilities recorded upon adoption will be based primarily on the present value of unpaid future minimum lease payments, the amount of which will depend on the population of leases in effect at the date of adoption. At March 31, 2018, the Company’s estimate of right-of-use assets and lease liabilities that would be recorded on its Consolidated Balance Sheets upon adoption is in excess of $1 billion. Additionally, the Company is currently evaluating the estimated impact that this ASU may have on its Consolidated Statements of Income.

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Notes to Consolidated Financial Statements (Unaudited), continued

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Not Yet Adopted (continued)
ASU 2016-13, Measurement of Credit Losses on Financial Instruments	The ASU adds ASC Topic 326, Financial Instruments-Credit Losses, to replace the incurred loss impairment methodology with a current expected credit loss methodology for financial instruments measured at amortized cost and other commitments to extend credit. For this purpose, expected credit losses reflect losses over the remaining contractual life of an asset, considering the effect of voluntary prepayments and considering available information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The resulting allowance for credit losses is deducted from the amortized cost basis of the financial assets to reflect the net amount expected to be collected on the financial assets. Additional quantitative and qualitative disclosures are required upon adoption. The change to the allowance for credit losses at the time of the adoption will be made with a cumulative effect adjustment to Retained earnings. The current expected credit loss model does not apply to AFS debt securities; however, the ASU requires entities to record an allowance when recognizing credit losses for AFS securities, rather than recording a direct write-down of the carrying amount.	January 1, 2020 Early adoption is permitted beginning January 1, 2019.	The Company has formed a cross-functional team to oversee the implementation of this ASU and has identified the changes necessary to its credit loss estimation methodologies in order to comply with the new accounting standard requirements. Substantial progress has been made to date on implementing these changes, including the development of models, updates to business processes and technology systems, and the documentation of accounting policy decisions. Additionally, the Company is evaluating the impact that this ASU will have on its Consolidated Financial Statements and related disclosures, and the Company currently anticipates that an increase to the allowance for credit losses will be recognized upon adoption to provide for the expected credit losses over the estimated life of the financial assets. However, since the magnitude of the anticipated increase in the allowance for credit losses will be impacted by economic conditions and trends in the Company’s portfolio at the time of adoption, the quantitative impact cannot yet be reasonably estimated.
ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment	The ASU amends ASC Topic 350, Intangibles - Goodwill and Other, to simplify the subsequent measurement of goodwill, by eliminating Step 2 from the goodwill impairment test. The amendments require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Entities should recognize an impairment charge for the amount by which a reporting unit's carrying amount exceeds its fair value, but the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The ASU must be applied on a prospective basis.	January 1, 2020 Early adoption is permitted.	Based on the Company's most recent annual goodwill impairment test performed as of October 1, 2017, there were no reporting units for which the carrying amount of the reporting unit exceeded its fair value; therefore, this ASU would not currently have an impact on the Company's Consolidated Financial Statements and related disclosures. However, if upon the adoption date, which is expected to occur on January 1, 2020, the carrying amount of a reporting unit exceeds its fair value, the Company would be required to recognize an impairment charge for the amount that the carrying value exceeds the fair value.

NOTE 2 – REVENUE RECOGNITION

Pursuant to the adoption of ASU 2014-09, the following disclosures discuss the Company's revenue recognition accounting policies. The Company recognizes two primary types of revenue, interest income and noninterest income.

Interest Income

The Company’s principal source of revenue is interest income from loans and securities, which is recognized on an accrual basis using the effective interest method. For additional information on the Company’s policies for recognizing interest income on loans and securities, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K. Interest income is not within the scope of ASC Topic 606, Revenues from Contracts with Customers.

Noninterest Income

Noninterest income includes revenue from various types of transactions and services provided to Consumer and Wholesale clients. The following tables reflect the Company’s noninterest income disaggregated by financial statement line item, business segment, and by the amount of each revenue stream that is in scope or out of scope of ASC Topic 606. The commentary following the tables describes the nature, amount, and timing of the related revenue streams.

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Notes to Consolidated Financial Statements (Unaudited), continued

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$104		$42		$—		$146
Other charges and fees	28		3		56		87
Card fees	54		26		1		81
Investment banking income	—		84		47		131
Trading income	—		—		42		42
Trust and investment management income	75		—		—		75
Retail investment services	71		1		—		72
Mortgage servicing related income	—		—		54		54
Mortgage production related income	—		—		36		36
Commercial real estate related income	—		—		23		23
Net securities gains	—		—		1		1
Other noninterest income	6		—		42		48
Total noninterest income		$338		$156		$302		$796

¹ Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $105 million and $215 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting."Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$103		$45		$—		$148
Other charges and fees	31		3		61		95
Card fees	54		27		1		82
Investment banking income	—		96		71		167
Trading income	—		—		51		51
Trust and investment management income	75		—		—		75
Retail investment services	67		1		—		68
Mortgage servicing related income	—		—		58		58
Mortgage production related income	—		—		53		53
Commercial real estate related income	—		—		20		20
Net securities gains	—		—		—		—
Other noninterest income	7		—		23		30
Total noninterest income		$337		$172		$338		$847

¹ Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $127 million and $229 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting." Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

Service Charges on Deposit Accounts

Service charges on deposit accounts represent fees relating to the Company’s various deposit products. These fees include account maintenance, cash management, treasury management, wire transfers, overdraft and other deposit-related fees. The Company’s execution of the services related to these fees represents its related performance obligations. Each of these performance obligations are either satisfied over time or at a point in time as the services are provided to the customer. The Company is the principal when rendering these services.

Payments for services provided are either withdrawn from the customer’s account as services are rendered or in the billing period following the completion of the service. The transaction price for each of these fees is based on the Company’s predetermined fee schedule.

Other Charges and Fees

Other charges and fees consist primarily of loan commitment and letter of credit fees, operating lease revenue, ATM fees, insurance revenue, and miscellaneous service charges including

12

Notes to Consolidated Financial Statements (Unaudited), continued

wire fees and check cashing fees. Loan commitment and letter of credit fees and operating lease revenue are out of scope of ASC Topic 606.

The Company’s execution of the services related to the fees within the scope of ASC Topic 606 represents its related performance obligations, which are either satisfied at a point in time or over time as services are rendered. ATM fees and miscellaneous service charges are recognized at a point in time as the services are provided.

Insurance commission revenue is earned through the sale of insurance products. The commissions are recognized as revenue when the customer executes an insurance policy with the insurance carrier. In some cases, the Company receives payment of trailing commissions each year when the customer pays its annual premium. For the three months ended March 31, 2018, the Company recognized an immaterial amount of insurance trailing commissions related to performance obligations satisfied in prior periods.

Card Fees

Card fees consist of interchange fees from credit and debit cards, merchant acquirer revenue, and other card related services. Interchange fees are earned by the Company each time a request for payment is initiated by a customer at a merchant for which the Company transfers the funds on behalf of the customer. Interchange rates are set by the payment network and are based on purchase volumes and other factors. Interchange fees are received daily and recognized at a point in time when the card transaction is processed. The Company is considered an agent of the customer and incurs costs with the payment network to facilitate the interchange with the merchant; therefore, the related payment network expense is recognized as a reduction of card fees. Prior to the adoption of ASC Topic 606, these expenses were recognized in Outside processing and software in the Company's Consolidated Statements of Income. The Company offers rewards and/or rebates to its customers based on card usage. The costs associated with these programs are also recognized as a reduction of card fees.

The Company also has a revenue sharing agreement with a merchant acquirer. The Company’s referral of a merchant to the merchant acquirer represents its related performance obligations, which is satisfied at a point in time when the referral is made. Monthly revenue is estimated based on the expected amount of transactions processed. Payments are generally made by the merchant acquirer quarterly, the month following the quarter in which the services are rendered.

Investment Banking Income

Investment banking income is comprised primarily of securities underwriting fees, advisory fees, and loan syndication fees. The Company assists corporate clients in raising capital by offering equity or debt securities to potential investors. The underwriting fees are earned on the trade date when the Company, as a member of an underwriting syndicate, purchases the securities from the issuer and sells the securities to third party investors. Each member of the syndicate is responsible for selling its portion of the underwriting and is liable for the proportionate costs of the underwriting; therefore, the Company’s portion of underwriting revenue and expense is presented gross within noninterest income and noninterest expense. Prior to the adoption of ASC

Topic 606, underwriting expense was recorded as a reduction of investment banking income. The transaction price is based on a percentage of the total transaction amount and payments are settled shortly after the trade date.

Loan syndication fees are typically recognized at the closing of a loan syndication transaction. These fees are out of the scope of ASC Topic 606.

The Company also provides merger and acquisition advisory services, including various activities such as business valuation, identification of potential targets or acquirers, and the issuance of fairness opinions. The Company’s execution of these advisory services represents its related performance obligations. The performance obligations relating to advisory services are fulfilled at a point in time upon completion of the contractually specified merger or acquisition transaction. The transaction price is based on contractually specified terms agreed upon with the client for each advisory service. Additionally, payments for advisory services consist of upfront retainer fees and success fees at the date the related merger or acquisition is closed. The retainer fees are typically paid upfront, which creates a contract liability. At March 31, 2018, the contract liability relating to these retainer fees was immaterial.

Revenue related to trade execution services is earned on the trade date and recognized at a point in time. The fees related to trade execution services are due on the settlement date.

Trading Income

The Company recognizes trading income as a result of gains and losses from the sales of trading account assets and liabilities. The Company’s trading accounts include various types of investment securities and debt investments, trading loans, and derivative instruments. For additional information relating to trading income, see Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement.”

Trust and Investment Management Income

Trust and investment management income includes revenue from custodial services, trust administration, financial advisory services, employee benefit solutions, and other services provided to customers within the Consumer business segment.

The Company generally recognizes trust and investment management revenue over time as services are rendered. Revenue is based on either a percentage of the market value of the assets under management, or advisement, or fixed based on the services provided to the customer. Fees are generally swept from the customer’s account one billing period in arrears based on the prior period’s assets under management or advisement.

Retail Investment Services

Retail investment services consists primarily of investment management, selling and distribution services, and trade execution services. The Company’s execution of these services represents its related performance obligations.

Investment management fees are generally recognized over time as services are rendered and are based on either a percentage of the market value of the assets under management, or advisement, or fixed based on the services provided to the customer. The fees are calculated quarterly and are usually collected at the beginning of the period from the customer’s account and recognized ratably over the related billing period.

13

Notes to Consolidated Financial Statements (Unaudited), continued

The Company also offers selling and distribution services and earns commissions through the sale of annuity and mutual fund products. The Company acts as an agent in these transactions and recognizes revenue at a point in time when the customer enters into an agreement with the product carrier. The Company may also receive trailing commissions and 12b-1 fees related to mutual fund and annuity products, and recognizes this revenue in the period that they are realized since the revenue cannot be accurately predicted at the time the policy becomes effective. The Company recognized revenue of $13 million for the three months ended March 31, 2018, which relates to mutual fund 12b-1 fees and annuity trailing commissions from performance obligations satisfied in periods prior to March 31, 2018.

Trade execution commissions are earned and recognized on the trade date, when the Company executes a trade for a customer. Payment for the trade execution is due on the settlement date.

Mortgage Servicing Related Income

The Company recognizes as assets the rights to service mortgage loans, either when the loans are sold and the associated servicing rights are retained or when servicing rights are purchased from a third party. Mortgage servicing related income includes servicing fees, modification fees, fees for ancillary services, gains or losses from hedging, changes in fair value, and other fees customarily associated with servicing arrangements. For additional information relating to mortgage servicing related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 8, “Goodwill and Other Intangible Assets,” Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Mortgage Production Related Income

Mortgage production related income is comprised primarily of activity related to the sale of consumer mortgage loans as well as loan origination fees such as closing charges, document review fees, application fees, other loan origination fees, and loan processing fees. For additional information relating to mortgage production related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Commercial Real Estate Related Income

Commercial real estate related income consists primarily of origination fees, such as loan placement and broker fees, gains and losses on the sale of commercial loans, commercial mortgage loan servicing fees, income from community development investments, gains and losses from the sale of structured real estate, and other fee income, such as asset advisory fees. The Company earns loan placement and broker fees for arranging financing between third party investors/lenders and borrowers. Additionally, the Company also aids customers in due diligence

and valuation advisory services for potential real estate services. For additional information relating to commercial real estate related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 8, “Goodwill and Other Intangible Assets,” Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Net Securities Gains or Losses

The Company recognizes net securities gains or losses primarily as a result of the sale of securities AFS and the recognition of any OTTI on securities AFS. For additional information relating to net securities gains or losses, see Note 5, “Securities Available for Sale.”

Other Noninterest Income

Other noninterest income within the scope of ASC Topic 606 consists primarily of fees from the sale of custom checks. The Company serves as an agent for customers by connecting them with a third party check provider. Revenue from such sales are earned in the form of commissions from the third party check provider and is recognized at a point in time on the date the customer places an order. Commissions for personal check orders are credited to revenue on an ongoing basis, and commissions for commercial check orders are received quarterly in arrears.

Other noninterest income also includes income from bank-owned life insurance policies that is not within the scope of ASC Topic 606. Income from bank-owned life insurance primarily represents changes in the cash surrender value of such life insurance policies held on certain key employees, for which the Company is the owner and beneficiary. Revenue is recognized in each period based on the change in the cash surrender value during the period.

Practical Expedients and Other

The Company pays sales commissions as a cost to obtain certain contracts within the scope of ASC Topic 606; however, sales commissions relating to these contracts are generally expensed when incurred because the amortization period would be one year or less. Sales commissions are recognized as employee compensation within Noninterest expense on the Company’s Consolidated Statements of Income.

The Company has elected the practical expedient to exclude disclosure of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed.

The Company does not have any material contract assets, liabilities, or other receivables recorded on its Consolidated Balance Sheets, relating to its revenue streams within the scope of ASC Topic 606, at March 31, 2018.

14

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 3 - FEDERAL FUNDS SOLD AND SECURITIES FINANCING ACTIVITIES

Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell

Fed Funds sold and securities borrowed or purchased under agreements to resell were as follows:

(Dollars in millions)	March 31, 2018		December 31, 2017
Fed funds sold		$20		$65
Securities borrowed	449		298
Securities purchased under agreements to resell	959		1,175
Total Fed funds sold and securities borrowed or purchased under agreements to resell		$1,428		$1,538

Securities purchased under agreements to resell are primarily collateralized by U.S. government or agency securities and are carried at the amounts at which the securities will be subsequently resold, plus accrued interest. Securities borrowed are primarily collateralized by corporate securities. The Company borrows securities and purchases securities under agreements to resell as part of its securities financing activities. On the acquisition date of these securities, the Company and the

related counterparty agree on the amount of collateral required to secure the principal amount loaned under these arrangements. The Company monitors collateral values daily and calls for additional collateral to be provided as warranted under the respective agreements. At March 31, 2018 and December 31, 2017, the total market value of collateral held was $1.4 billion and $1.5 billion, of which $150 million and $177 million was repledged, respectively.

Securities Sold Under Agreements to Repurchase

Securities sold under agreements to repurchase are accounted for as secured borrowings. The following table presents the Company’s related activity, by collateral type and remaining contractual maturity:

	March 31, 2018								December 31, 2017
(Dollars in millions)	Overnight and Continuous		Up to 30 days		30-90 days		Total		Overnight and Continuous		Up to 30 days		30-90 days		Total
U.S. Treasury securities		$46		$—		$—		$46		$95		$—		$—		$95
Federal agency securities	114		18		1		133		101		15		—		116
MBS - agency	857		81		—		938		694		135		—		829
CP	36		—		—		36		19		—		—		19
Corporate and other debt securities	336		149		39		524		316		88		40		444
Total securities sold under agreements to repurchase		$1,389		$248		$40		$1,677		$1,225		$238		$40		$1,503

For securities sold under agreements to repurchase, the Company would be obligated to provide additional collateral in the event of a significant decline in fair value of the collateral pledged. This risk is managed by monitoring the liquidity and credit quality of the collateral, as well as the maturity profile of the transactions.

Netting of Securities - Repurchase and Resell Agreements

The Company has various financial assets and financial liabilities that are subject to enforceable master netting agreements or similar agreements. The Company's derivatives that are subject to enforceable master netting agreements or similar agreements are discussed in Note 15, "Derivative Financial Instruments."

The following table presents the Company's securities borrowed or purchased under agreements to resell and securities

sold under agreements to repurchase that are subject to MRAs. Generally, MRAs require collateral to exceed the asset or liability recognized on the balance sheet. Transactions subject to these agreements are treated as collateralized financings, and those with a single counterparty are permitted to be presented net on the Company's Consolidated Balance Sheets, provided certain criteria are met that permit balance sheet netting. At March 31, 2018 and December 31, 2017, there were no such transactions subject to legally enforceable MRAs that were eligible for balance sheet netting. The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs. While these agreements are typically over-collateralized, the amount of collateral presented in this table is limited to the amount of the related recognized asset or liability for each counterparty.

15

Notes to Consolidated Financial Statements (Unaudited), continued

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,408		$—		$1,408	1		$1,394		$14
Financial liabilities:
Securities sold under agreements to repurchase	1,677		—		1,677			1,677		—
December 31, 2017
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,473		$—		$1,473	1		$1,462		$11
Financial liabilities:
Securities sold under agreements to repurchase	1,503		—		1,503			1,503		—

¹ Excludes $20 million and $65 million of Fed Funds sold, which are not subject to a master netting agreement at March 31, 2018 and December 31, 2017, respectively.

NOTE 4 - TRADING ASSETS AND LIABILITIES AND DERIVATIVE INSTRUMENTS

The fair values of the components of trading assets and liabilities and derivative instruments are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Trading Assets and Derivative Instruments:
U.S. Treasury securities		$182		$157
Federal agency securities	238		395
U.S. states and political subdivisions	123		61
MBS - agency	699		700
Corporate and other debt securities	804		655
CP	169		118
Equity securities	51		56
Derivative instruments 1	657		802
Trading loans 2	2,189		2,149
Total trading assets and derivative instruments		$5,112		$5,093
Trading Liabilities and Derivative Instruments:
U.S. Treasury securities		$698		$577
MBS - agency	1		—
Corporate and other debt securities	453		289
Equity securities	5		9
Derivative instruments 1	580		408
Total trading liabilities and derivative instruments		$1,737		$1,283

¹ Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

² Includes loans related to TRS.

Various trading and derivative instruments are used as part of the Company’s overall balance sheet management strategies and to support client requirements executed through the Bank and/or STRH, a broker/dealer subsidiary of the Company. The Company manages the potential market volatility associated with trading instruments by using appropriate risk management strategies. The size, volume, and nature of the trading products and derivative instruments can vary based on economic conditions as well as client-specific and Company-specific asset or liability positions.

Product offerings to clients include debt securities, loans traded in the secondary market, equity securities, derivative contracts, and other similar financial instruments. Other trading-

related activities include acting as a market maker for certain debt and equity security transactions, derivative instrument transactions, and foreign exchange transactions. The Company also uses derivatives to manage its interest rate and market risk from non-trading activities. The Company has policies and procedures to manage market risk associated with client trading and non-trading activities, and assumes a limited degree of market risk by managing the size and nature of its exposure. For valuation assumptions and additional information related to the Company's trading products and derivative instruments, see Note 15, “Derivative Financial Instruments,” and the “Trading Assets and Derivative Instruments and Securities Available for Sale” section of Note 16, “Fair Value Election and Measurement.”

16

Notes to Consolidated Financial Statements (Unaudited), continued

Pledged trading assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Pledged trading assets to secure repurchase agreements 1		$1,151		$1,016
Pledged trading assets to secure certain derivative agreements	97		72
Pledged trading assets to secure other arrangements	40		41

¹ Repurchase agreements secured by collateral totaled $1.1 billion and $975 million at March 31, 2018 and December 31, 2017, respectively.

NOTE 5 – SECURITIES AVAILABLE FOR SALE

Securities Portfolio Composition

	March 31, 2018
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,437		$—		$97		$4,340
Federal agency securities	248		3		2		249
U.S. states and political subdivisions	644		5		13		636
MBS - agency residential	22,837		146		470		22,513
MBS - agency commercial	2,320		1		79		2,242
MBS - non-agency residential	53		4		—		57
MBS - non-agency commercial	897		—		23		874
ABS	6		1		—		7
Corporate and other debt securities	16		—		—		16
Total securities AFS		$31,458		$160		$684		$30,934
	December 31, 2017 1
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,361		$2		$32		$4,331
Federal agency securities	257		3		1		259
U.S. states and political subdivisions	618		7		8		617
MBS - agency residential	22,616		222		134		22,704
MBS - agency commercial	2,121		3		38		2,086
MBS - non-agency residential	55		4		—		59
MBS - non-agency commercial	862		7		3		866
ABS	6		2		—		8
Corporate and other debt securities	17		—		—		17
Total securities AFS		$30,913		$250		$216		$30,947

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

The following table presents interest on securities AFS:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
Taxable interest		$201		$180
Tax-exempt interest	5		2
Total interest on securities AFS 1		$206		$182

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other on the Consolidated Statements of Income. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

17

Notes to Consolidated Financial Statements (Unaudited), continued

Securities AFS pledged to secure public deposits, repurchase agreements, trusts, certain derivative agreements, and other funds had a fair value of $3.8 billion and $4.3 billionat March 31, 2018 and December 31, 2017, respectively.

The following table presents the amortized cost, fair value, and weighted average yield of investments in securities AFS at

March 31, 2018, by remaining contractual maturity, with the exception of MBS and ABS, which are based on estimated average life. Receipt of cash flows may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties.

	Distribution of Remaining Maturities
(Dollars in millions)	Due in 1 Year or Less			Due After 1 Year through 5 Years			Due After 5 Years through 10 Years			Due After 10 Years			Total
Amortized Cost:
U.S. Treasury securities		$—			$2,731			$1,706			$—			$4,437
Federal agency securities	116			40			4			88			248
U.S. states and political subdivisions	6			59			63			516			644
MBS - agency residential	1,462			4,771			16,222			382			22,837
MBS - agency commercial	1			414			1,643			262			2,320
MBS - non-agency residential	—			49			—			4			53
MBS - non-agency commercial	—			13			884			—			897
ABS	—			—			5			1			6
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,592			$8,086			$20,527			$1,253			$31,458
Fair Value:
U.S. Treasury securities		$—			$2,673			$1,667			$—			$4,340
Federal agency securities	118			41			4			86			249
U.S. states and political subdivisions	6			61			65			504			636
MBS - agency residential	1,517			4,747			15,877			372			22,513
MBS - agency commercial	1			400			1,589			252			2,242
MBS - non-agency residential	—			53			—			4			57
MBS - non-agency commercial	—			12			862			—			874
ABS	—			—			6			1			7
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,649			$7,996			$20,070			$1,219			$30,934
Weighted average yield 1	3.31		%	2.18		%	2.86		%	3.04		%	2.72		%

¹ Weighted average yields are based on amortized cost and presented on an FTE basis.

18

Notes to Consolidated Financial Statements (Unaudited), continued

Securities AFS in an Unrealized Loss Position

The Company held certain investment securities AFS where amortized cost exceeded fair value, resulting in unrealized loss positions. Market changes in interest rates and credit spreads may result in temporary unrealized losses as the market prices of securities fluctuate. At March 31, 2018, the Company did not intend to sell these securities nor was it more-likely-than-not that

the Company would be required to sell these securities before their anticipated recovery or maturity. The Company reviewed its portfolio for OTTI in accordance with the accounting policies described in Note 1, "Significant Accounting Policies." to the Company's 2017 Annual Report on Form 10-K.

Securities AFS in an unrealized loss position at period end are presented in the following tables:

	March 31, 2018
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1
Temporarily impaired securities AFS:
U.S. Treasury securities		$3,508		$69		$832		$28		$4,340		$97
Federal agency securities	22		—		53		2		75		2
U.S. states and political subdivisions	384		8		110		5		494		13
MBS - agency residential	13,742		284		4,460		186		18,202		470
MBS - agency commercial	1,260		33		894		46		2,154		79
MBS - non-agency commercial	748		18		90		5		838		23
ABS	—		—		4		—		4		—
Corporate and other debt securities	9		—		—		—		9		—
Total temporarily impaired securities AFS	19,673		412		6,443		272		26,116		684
OTTI securities AFS 2:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$19,673		$412		$6,444		$272		$26,117		$684

¹ Unrealized losses less than $0.5 million are presented as zero within the table.

²OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

	December 31, 2017 1
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2
Temporarily impaired securities AFS:
U.S. Treasury securities		$1,993		$12		$841		$20		$2,834		$32
Federal agency securities	23		—		60		1		83		1
U.S. states and political subdivisions	267		3		114		5		381		8
MBS - agency residential	8,095		38		4,708		96		12,803		134
MBS - agency commercial	887		9		915		29		1,802		38
MBS - non-agency commercial	134		1		93		2		227		3
ABS	—		—		4		—		4		—
Corporate and other debt securities	10		—		—		—		10		—
Total temporarily impaired securities AFS	11,409		63		6,735		153		18,144		216
OTTI securities AFS 3:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$11,409		$63		$6,736		$153		$18,145		$216

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² Unrealized losses less than $0.5 million are presented as zero within the table.

³OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

At March 31, 2018, temporarily impaired securities AFS that have been in an unrealized loss position for twelve months or longer included residential and commercial agency MBS, U.S. Treasury securities, municipal securities, commercial non-agency MBS, federal agency securities, and one ABS

collateralized by 2004 vintage home equity loans. Unrealized losses on temporarily impaired securities were due to market interest rates being higher than the securities' stated coupon rates. Unrealized losses on securities AFS that relate to factors other than credit are recorded in AOCI, net of tax.

19

Notes to Consolidated Financial Statements (Unaudited), continued

Realized Gains and Losses and Other-Than-Temporarily Impaired Securities AFS

Net securities gains/(losses) are comprised of gross realized gains, gross realized losses, and OTTI credit losses recognized in earnings. Gross realized gains were immaterial for the three months ended March 31, 2018, and there were no gross realized gains recognized in earnings for the three months ended March 31, 2017. For both the three months ended March 31, 2018 and 2017, there were no gross realized losses or OTTI credit losses recognized in earnings.

Securities AFS in an unrealized loss position are evaluated quarterly for other-than-temporary credit impairment, which is determined using cash flow analyses that take into account security specific collateral and transaction structure. Future expected credit losses are determined using various assumptions, the most significant of which include default rates, prepayment rates, and loss severities. If, based on this analysis, a security is in an unrealized loss position and the Company does not expect to recover the entire amortized cost basis of the security, the expected cash flows are then discounted at the security’s initial effective interest rate to arrive at a present value amount. Credit losses on the OTTI security are recognized in earnings and reflect

the difference between the present value of cash flows expected to be collected and the amortized cost basis of the security. See Note 1, "Significant Accounting Policies," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's policy on securities AFS and related impairments.

The Company seeks to reduce existing exposure on OTTI securities primarily through paydowns. In certain instances, the amount of credit losses recognized in earnings on a debt security exceeds the total unrealized losses on the security, which may result in unrealized gains relating to factors other than credit recorded in AOCI, net of tax.

During the three months ended March 31, 2018 and 2017, there were no credit impairment losses recognized on securities AFS held at the end of each period. The accumulated balance of OTTI credit losses recognized in earnings on securities AFS held at period end was $23 million and $22 million at March 31, 2018 and 2017, respectively. Subsequent credit losses may be recorded on securities without a corresponding further decline in fair value when there has been a decline in expected cash flows.

20

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 6 - LOANS

Composition of Loan Portfolio

(Dollars in millions)	March 31, 2018		December 31, 2017
Commercial loans:
C&I 1		$66,321		$66,356
CRE	5,352		5,317
Commercial construction	3,651		3,804
Total commercial loans	75,324		75,477
Consumer loans:
Residential mortgages - guaranteed	611		560
Residential mortgages - nonguaranteed 2	27,165		27,136
Residential home equity products	10,241		10,626
Residential construction	256		298
Guaranteed student	6,693		6,633
Other direct	8,941		8,729
Indirect	11,869		12,140
Credit cards	1,518		1,582
Total consumer loans	67,294		67,704
LHFI		$142,618		$143,181
LHFS 3		$2,377		$2,290

¹ Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

² Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

³ Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

During the three months ended March 31, 2018 and 2017, the Company transferred $204 million and $60 million of LHFI to LHFS, and transferred $6 million and $7 million of LHFS to LHFI, respectively. In addition to sales of residential and commercial mortgage LHFS in the normal course of business, the Company sold $36 million and $118 million of loans and leases during the three months ended March 31, 2018 and 2017, respectively, at a price approximating their recorded investment.

During the three months ended March 31, 2018, the Company purchased $475 million of guaranteed student loans. During the three months ended March 31, 2017, the Company purchased $539 million of guaranteed student loans and $99 million of consumer indirect loans.

At March 31, 2018 and December 31, 2017, the Company had $23.5 billion and $24.3 billion of net eligible loan collateral pledged to the Federal Reserve discount window to support $17.6 billion and $18.2 billion of available, unused borrowing capacity, respectively.

At March 31, 2018 and December 31, 2017, the Company had $38.2 billion and $38.0 billion of net eligible loan collateral pledged to the FHLB of Atlanta to support $30.3 billion and $30.5 billion of available borrowing capacity, respectively. The available FHLB borrowing capacity at March 31, 2018 was used to support $4 million of long-term debt and $4.8 billion of letters of credit issued on the Company's behalf. At December 31, 2017, the available FHLB borrowing capacity was used to support $4 million of long-term debt and $6.7 billion of letters of credit issued on the Company's behalf.

Credit Quality Evaluation

The Company evaluates the credit quality of its loan portfolio by employing a dual internal risk rating system, which assigns both PD and LGD ratings to derive expected losses. Assignment of these ratings are predicated upon numerous factors, including consumer credit risk scores, rating agency information, borrower/guarantor financial capacity, LTV ratios, collateral type, debt service coverage ratios, collection experience, other internal metrics/analyses, and/or qualitative assessments.

For the commercial portfolio, the Company believes that the most appropriate credit quality indicator is an individual loan’s risk assessment expressed according to the broad regulatory agency classifications of Pass or Criticized. The Company conforms to the following regulatory classifications for Criticized assets: Other Assets Especially Mentioned (or Special Mention), Adversely Classified, Doubtful, and Loss. However, for the purposes of disclosure, management believes the most meaningful distinction within the Criticized categories is between Criticized accruing (which includes Special Mention and a portion of Adversely Classified) and Criticized nonaccruing (which includes a portion of Adversely Classified and Doubtful and Loss). This distinction identifies those relatively higher risk loans for which there is a basis to believe that the Company will not collect all amounts due under those loan agreements. The Company's risk rating system is more granular, with multiple risk ratings in both the Pass and Criticized categories. Pass ratings reflect relatively low PDs, whereas, Criticized assets have higher PDs. The granularity in Pass ratings assists in establishing pricing, loan structures, approval requirements, reserves, and ongoing credit management requirements. Commercial risk ratings are refreshed at least annually, or more frequently as appropriate, based upon considerations such as market conditions, borrower characteristics, and portfolio trends. Additionally, management routinely reviews portfolio risk ratings, trends, and concentrations to support risk identification and mitigation activities.

For consumer loans, the Company monitors credit risk based on indicators such as delinquencies and FICO scores. The Company believes that consumer credit risk, as assessed by the industry-wide FICO scoring method, is a relevant credit quality indicator. Borrower-specific FICO scores are obtained at origination as part of the Company’s formal underwriting process, and refreshed FICO scores are obtained by the Company at least quarterly.

For guaranteed loans, the Company monitors the credit quality based primarily on delinquency status, as it is a more relevant indicator of credit quality due to the government guarantee. At March 31, 2018 and December 31, 2017, 29% and 28%, respectively, of guaranteed residential mortgages were current with respect to payments. At March 31, 2018 and December 31, 2017, 77% and 75%, respectively, of guaranteed student loans were current with respect to payments. The Company's loss exposure on guaranteed residential mortgages and student loans is mitigated by the government guarantee.

21

Notes to Consolidated Financial Statements (Unaudited), continued

LHFI by credit quality indicator are presented in the following tables:

	Commercial Loans
	C&I				CRE				Commercial Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Risk rating:
Pass		$64,453		$64,546		$5,152		$5,126		$3,597		$3,770
Criticized accruing	1,652		1,595		154		167		54		33
Criticized nonaccruing	216		215		46		24		—		1
Total		$66,321		$66,356		$5,352		$5,317		$3,651		$3,804

	Consumer Loans 1
	Residential Mortgages - Nonguaranteed				Residential Home Equity Products				Residential Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$23,732		$23,602		$8,621		$8,946		$204		$240
620 - 699	2,655		2,721		1,174		1,242		45		50
Below 620 2	778		813		446		438		7		8
Total		$27,165		$27,136		$10,241		$10,626		$256		$298

	Other Direct				Indirect				Credit Cards
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$8,145		$7,929		$8,867		$9,094		$1,034		$1,088
620 - 699	755		757		2,270		2,344		385		395
Below 620 2	41		43		732		702		99		99
Total		$8,941		$8,729		$11,869		$12,140		$1,518		$1,582

¹ Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

² For substantially all loans with refreshed FICO scores below 620, the borrower’s FICO score at the time of origination exceeded 620 but has since deteriorated as the loan has seasoned.

22

Notes to Consolidated Financial Statements (Unaudited), continued

The LHFI portfolio by payment status is presented in the following tables:

	March 31, 2018
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,064		$32		$9		$216		$66,321
CRE	5,304		2		—		46		5,352
Commercial construction	3,651		—		—		—		3,651
Total commercial loans	75,019		34		9		262		75,324
Consumer loans:
Residential mortgages - guaranteed	179		53		379		—		611
Residential mortgages - nonguaranteed 1	26,838		66		8		253		27,165
Residential home equity products	10,006		66		—		169		10,241
Residential construction	240		—		—		16		256
Guaranteed student	5,148		612		933		—		6,693
Other direct	8,893		35		5		8		8,941
Indirect	11,780		84		1		4		11,869
Credit cards	1,491		14		13		—		1,518
Total consumer loans	64,575		930		1,339		450		67,294
Total LHFI		$139,594		$964		$1,348		$712		$142,618

¹ Includes $188 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans. 

	December 31, 2017
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,092		$42		$7		$215		$66,356
CRE	5,293		—		—		24		5,317
Commercial construction	3,803		—		—		1		3,804
Total commercial loans	75,188		42		7		240		75,477
Consumer loans:
Residential mortgages - guaranteed	159		55		346		—		560
Residential mortgages - nonguaranteed 1	26,778		148		4		206		27,136
Residential home equity products	10,348		75		—		203		10,626
Residential construction	280		7		—		11		298
Guaranteed student	4,946		659		1,028		—		6,633
Other direct	8,679		36		7		7		8,729
Indirect	12,022		111		—		7		12,140
Credit cards	1,556		13		13		—		1,582
Total consumer loans	64,768		1,104		1,398		434		67,704
Total LHFI		$139,956		$1,146		$1,405		$674		$143,181

¹ Includes $196 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

23

Notes to Consolidated Financial Statements (Unaudited), continued

Impaired Loans

A loan is considered impaired when it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the agreement. Commercial nonaccrual loans greater than $3 million and certain commercial and consumer loans whose terms have been modified in a TDR are individually evaluated for

impairment. Smaller-balance homogeneous loans that are collectively evaluated for impairment and loans measured at fair value are not included in the following tables. Additionally, the following tables exclude guaranteed student loans and guaranteed residential mortgages for which there was nominal risk of principal loss due to the government guarantee.

	March 31, 2018						December 31, 2017
(Dollars in millions)	Unpaid Principal Balance		Carrying 1 Value		Related ALLL		Unpaid Principal Balance		Carrying 1 Value		Related ALLL
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$28		$20		$—		$38		$35		$—
CRE	21		21		—		—		—		—
Total commercial loans with no ALLL recorded	49		41		—		38		35		—
Consumer loans:
Residential mortgages - nonguaranteed	453		355		—		458		363		—
Residential construction	12		6		—		15		9		—
Total consumer loans with no ALLL recorded	465		361		—		473		372		—
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	157		149		22		127		117		19
CRE	25		21		—		21		21		2
Total commercial loans with an ALLL recorded	182		170		22		148		138		21
Consumer loans:
Residential mortgages - nonguaranteed	1,112		1,087		107		1,133		1,103		113
Residential home equity products	927		871		52		953		895		54
Residential construction	91		89		7		93		90		7
Other direct	57		58		1		59		59		1
Indirect	129		128		6		123		122		7
Credit cards	27		7		1		26		7		1
Total consumer loans with an ALLL recorded	2,343		2,240		174		2,387		2,276		183
Total impaired LHFI		$3,039		$2,812		$196		$3,046		$2,821		$204

¹ Carrying value reflects charge-offs that have been recognized plus other amounts that have been applied to adjust the net book balance.

Included in the impaired LHFI carrying values above at both March 31, 2018 and December 31, 2017 were $2.4 billion of accruing TDRs, of which 98% and 96% were current, respectively. See Note 1, “Significant Accounting Policies,” to the Company's 2017 Annual Report on Form 10-K for further information regarding the Company’s loan impairment policy.

24

Notes to Consolidated Financial Statements (Unaudited), continued

	Three Months Ended March 31
	2018				2017
(Dollars in millions)	Average Carrying Value		Interest 1 Income Recognized		Average Carrying Value		Interest 1 Income Recognized
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$20		$—		$240		$1
CRE	21		—		—		—
Total commercial loans with no ALLL recorded	41		—		240		1
Consumer loans:
Residential mortgages - nonguaranteed	353		4		360		4
Residential construction	6		—		8		—
Total consumer loans with no ALLL recorded	359		4		368		4
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	149		1		165		1
CRE	25		—		17		—
Total commercial loans with an ALLL recorded	174		1		182		1
Consumer loans:
Residential mortgages - nonguaranteed	1,093		12		1,216		15
Residential home equity products	873		9		833		8
Residential construction	90		1		105		1
Other direct	57		1		58		1
Indirect	131		2		108		1
Credit cards	7		—		6		—
Total consumer loans with an ALLL recorded	2,251		25		2,326		26
Total impaired LHFI		$2,825		$30		$3,116		$32

¹ Of the interest income recognized during each of the three months ended March 31, 2018 and 2017, cash basis interest income was less than $1 million.

25

Notes to Consolidated Financial Statements (Unaudited), continued

NPAs are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Nonaccrual loans/NPLs:
Commercial loans:
C&I		$216		$215
CRE	46		24
Commercial construction	—		1
Consumer loans:
Residential mortgages - nonguaranteed	253		206
Residential home equity products	169		203
Residential construction	16		11
Other direct	8		7
Indirect	4		7
Total nonaccrual loans/NPLs 1	712		674
OREO 2	59		57
Other repossessed assets	7		10
Total NPAs		$778		$741

¹Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

² Does not include foreclosed real estate related to loans insured by the FHA or guaranteed by the VA. Proceeds due from the FHA and the VAare recorded as a receivable in Other assets in the Consolidated Balance Sheets until the property is conveyed and the funds are received. The receivable related to proceeds due from theFHA and the VA totaled $43 million and $45 million at March 31, 2018 and December 31, 2017, respectively.

The Company's recorded investment of nonaccruing loans secured by residential real estate properties for which formal foreclosure proceedings were in process at March 31, 2018 and December 31, 2017 was $81 million and $73 million, respectively. The Company's recorded investment of accruing loans secured by residential real estate properties for which formal foreclosure proceedings were in process at March 31, 2018 and December 31, 2017 was $106 million and $101 million, of which $99 million and $97 million were insured by the FHA or guaranteed by the VA, respectively.

At March 31, 2018, OREO included $54 million of foreclosed residential real estate properties and $3 million of foreclosed commercial real estate properties, with the remaining $2 million related to land.

At December 31, 2017, OREO included $51 million of foreclosed residential real estate properties and $4 million of foreclosed commercial real estate properties, with the remaining $2 million related to land.

26

Notes to Consolidated Financial Statements (Unaudited), continued

Restructured Loans

A TDR is a loan for which the Company has granted an economic concession to a borrower in response to financial difficulty experienced by the borrower, which the Company would not have considered otherwise. When a loan is modified under the terms of a TDR, the Company typically offers the borrower an extension of the loan maturity date and/or a reduction in the original contractual interest rate. In limited situations, the Company may offer to restructure a loan in a manner that

ultimately results in the forgiveness of a contractually specified principal balance.

At both March 31, 2018 and December 31, 2017, the Company had $2 million of commitments to lend additional funds to debtors whose terms have been modified in a TDR. The number and carrying value of loans modified under the terms of a TDR, by type of modification, are presented in the following tables:

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	46		$—		$56		$56
Consumer loans:
Residential mortgages - nonguaranteed	61	9		8		17
Residential home equity products	136	—		13		13
Other direct	114	—		1		1
Indirect	778	—		20		20
Credit cards	308	1		1		2
Total TDR additions	1,443		$10		$99		$109

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	30		$—		$41		$41
Consumer loans:
Residential mortgages - nonguaranteed	34	4		2		6
Residential home equity products	655	1		66		67
Other direct	110	—		1		1
Indirect	547	—		14		14
Credit cards	235	1		—		1
Total TDR additions	1,611		$6		$124		$130

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

TDRs that defaulted during the three months ended March 31, 2018 and 2017, which were first modified within the previous 12 months, were immaterial. The majority of loans that were modified under the terms of a TDR and subsequently became 90 days or more delinquent have remained on nonaccrual status since the time of delinquency.

Concentrations of Credit Risk

The Company does not have a significant concentration of credit risk to any individual client except for the U.S. government and its agencies. However, a geographic concentration arises because the Company operates primarily within Florida, Georgia, Virginia, Maryland, and North Carolina. The Company’s total cross-border outstanding loans were $1.4 billion at both March 31, 2018 and December 31, 2017.

With respect to collateral concentration, the Company's recorded investment in residential real estate secured LHFI totaled $38.3 billion at March 31, 2018 and represented 27% of total LHFI. At December 31, 2017, the Company's recorded investment in residential real estate secured LHFI totaled $38.6 billion and represented 27% of total LHFI. Additionally, at March 31, 2018 and December 31, 2017, the Company had $10.2 billion and $10.1 billion in commitments to extend credit on home equity lines and $3.4 billion and $3.0 billion in residential mortgage commitments outstanding, respectively. At March 31, 2018 and December 31, 2017, 2% and 1%, respectively, of the Company's residential real estate secured LHFI were insured by the FHA or guaranteed by the VA.

27

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 7 - ALLOWANCE FOR CREDIT LOSSES

The allowance for credit losses consists of the ALLL and the unfunded commitments reserve. Activity in the allowance for credit losses is summarized in the following table:

	Three Months Ended March 31
(Dollars in millions)	2018			2017
Balance, beginning of period		$1,814			$1,776
Provision for loan losses	38			117
Provision for unfunded commitments	(10		)	2
Loan charge-offs	(106		)	(146		)
Loan recoveries	27			34
Balance, end of period		$1,763			$1,783
Components:
ALLL		$1,694			$1,714
Unfunded commitments reserve 1	69			69
Allowance for credit losses		$1,763			$1,783

¹ The unfunded commitments reserve is recorded in Other liabilities in the Consolidated Balance Sheets.

Activity in the ALLL by loan segment is presented in the following tables:

	Three Months Ended March 31, 2018
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,101			$634			$1,735
Provision for loan losses	(16		)	54			38
Loan charge-offs	(23		)	(83		)	(106		)
Loan recoveries	6			21			27
Balance, end of period		$1,068			$626			$1,694
	Three Months Ended March 31, 2017
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,124			$585			$1,709
Provision for loan losses	46			71			117
Loan charge-offs	(63		)	(83		)	(146		)
Loan recoveries	13			21			34
Balance, end of period		$1,120			$594			$1,714

As discussed in Note 1, “Significant Accounting Policies,” to the Company's 2017 Annual Report on Form 10-K, the ALLL is composed of both specific allowances for certain nonaccrual loans and TDRs, and general allowances for groups of loans with similar risk characteristics. No allowance is required for loans

measured at fair value. Additionally, the Company records an immaterial allowance for loan products that are insured by federal agencies or guaranteed by GSEs, as there is nominal risk of principal loss.

28

Notes to Consolidated Financial Statements (Unaudited), continued

The Company’s LHFI portfolio and related ALLL is presented in the following tables:

	March 31, 2018
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$211		$22		$2,601		$174		$2,812		$196
Collectively evaluated	75,113		1,046		64,505		452		139,618		1,498
Total evaluated	75,324		1,068		67,106		626		142,430		1,694
LHFI measured at fair value	—		—		188		—		188		—
Total LHFI		$75,324		$1,068		$67,294		$626		$142,618		$1,694

	December 31, 2017
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$173		$21		$2,648		$183		$2,821		$204
Collectively evaluated	75,304		1,080		64,860		451		140,164		1,531
Total evaluated	75,477		1,101		67,508		634		142,985		1,735
LHFI measured at fair value	—		—		196		—		196		—
Total LHFI		$75,477		$1,101		$67,704		$634		$143,181		$1,735

NOTE 8 – GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The Company conducts a goodwill impairment test at the reporting unit level at least annually, or more frequently as events occur or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying amount. See Note 1, "Significant Accounting Policies," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's goodwill accounting policy.

In the first quarter of 2018, the Company performed a qualitative goodwill assessment on its Consumer and Wholesale reporting units, considering changes in key assumptions as well

as other events and circumstances occurring since the most recent annual goodwill impairment test performed as of October 1, 2017. The Company concluded, based on the totality of factors observed, that it is not more-likely-than-not that the fair values of its reportable segments are less than their respective carrying values. Accordingly, goodwill was not required to be quantitatively tested for impairment during the three months ended March 31, 2018.

There were no material changes in the carrying amount of goodwill by reportable segment for the three months ended March 31, 2018 and 2017.

29

Notes to Consolidated Financial Statements (Unaudited), continued

Other Intangible Assets

Changes in the carrying amounts of other intangible assets for the three months ended March 31 are presented in the following table:

(Dollars in millions)	Residential MSRs - Fair Value			Commercial Mortgage Servicing Rights and Other			Total
Balance, January 1, 2018		$1,710			$81			$1,791
Amortization 1	—			(5		)	(5		)
Servicing rights originated	76			4			80
Servicing rights purchased	74			—			74
Changes in fair value:
Due to changes in inputs and assumptions 2	111			—			111
Other changes in fair value 3	(55		)	—			(55		)
Balance, March 31, 2018		$1,916			$80			$1,996
Balance, January 1, 2017		$1,572			$85			$1,657
Amortization 1	—			(5		)	(5		)
Servicing rights originated	96			5			101
Changes in fair value:
Due to changes in inputs and assumptions 2	27			—			27
Other changes in fair value 3	(50		)	—			(50		)
Other 4	—			(1		)	(1		)
Balance, March 31, 2017		$1,645			$84			$1,729

¹ Does not include expense associated with non-qualified community development investments. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

² Primarily reflects changes in option adjusted spreads and prepayment speed assumptions, due to changes in interest rates.

³ Represents changes due to the collection of expected cash flows, net of accretion due to the passage of time.

⁴ Represents measurement period adjustment on other intangible assets acquired previously in the Pillar acquisition.

The gross carrying value and accumulated amortization of other intangible assets are presented in the following table:

	March 31, 2018							December 31, 2017
(Dollars in millions)	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Amortized other intangible assets 1:
Commercial mortgage servicing rights		$83		($19	)		$64		$79		($14	)		$65
Other (definite-lived)	17		(13		)	4		32		(28		)	4
Unamortized other intangible assets:
Residential MSRs (carried at fair value)	1,916		—			1,916		1,710		—			1,710
Other (indefinite-lived)	12		—			12		12		—			12
Total other intangible assets		$2,028		($32	)		$1,996		$1,833		($42	)		$1,791

¹ Excludes fully amortized other intangible assets.

Servicing Rights

The Company acquires servicing rights and retains servicing rights for certain of its sales or securitizations of residential mortgages and commercial loans. Servicing rights on residential and commercial mortgages are the only material servicing assets capitalized by the Company and are classified as Other intangible assets on the Company's Consolidated Balance Sheets.

Residential Mortgage Servicing Rights

Income earned by the Company on its residential MSRs is derived primarily from contractually specified mortgage servicing fees and late fees, net of curtailment costs. Such income

earned for the three months ended March 31, 2018 and 2017 totaled $107 million and $101 million, respectively. These amounts are reported in Mortgage servicing related income in the Consolidated Statements of Income.

At March 31, 2018 and December 31, 2017, the total UPB of residential mortgage loans serviced was $164.7 billion and $165.5 billion, respectively. Included in these amounts at March 31, 2018 and December 31, 2017 were $135.3 billion and $136.1 billion, respectively, of loans serviced for third parties. The Company purchased MSRs on residential loans with a UPB of $5.9 billion during the three months ended March 31, 2018;

30

Notes to Consolidated Financial Statements (Unaudited), continued

however, these loans are not reflected in the UPB amounts above as the transfer of servicing is scheduled for the second quarter of 2018. No MSRs on residential loans were purchased during the three months ended March 31, 2017. During the three months ended March 31, 2018 and 2017, the Company sold MSRs on residential loans, at a price approximating their fair value, with a UPB of $102 million and $64 million, respectively.

The Company measures the fair value of its residential MSRs using a valuation model that calculates the present value of estimated future net servicing income using prepayment projections, spreads, and other assumptions. The Consumer Valuation Committee reviews and approves all significant assumption changes at least quarterly, evaluating these inputs compared to various market and empirical data sources. Changes to valuation model inputs are reflected in the periods' results. See Note 16, “Fair Value Election and Measurement,” for further information regarding the Company's residential MSR valuation methodology.

A summary of the key inputs used to estimate the fair value of the Company’s residential MSRs at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of residential MSRs		$1,916			$1,710
Prepayment rate assumption (annual)	13		%	13		%
Decline in fair value from 10% adverse change		$89			$85
Decline in fair value from 20% adverse change	169			160
Option adjusted spread (annual)	4		%	4		%
Decline in fair value from 10% adverse change		$53			$47
Decline in fair value from 20% adverse change	101			90
Weighted-average life (in years)	5.6			5.4
Weighted-average coupon	4.0		%	3.9		%

These residential MSR sensitivities are hypothetical and should be used with caution. Changes in fair value based on variations in assumptions generally cannot be extrapolated because (i) the relationship of the change in an assumption to the change in fair value may not be linear and (ii) changes in one assumption may result in changes in another, which might magnify or counteract the sensitivities. The sensitivities do not reflect the effect of hedging activity undertaken by the Company to offset changes in the fair value of MSRs. See Note 15, “Derivative Financial Instruments,” for further information regarding these hedging activities.

Commercial Mortgage Servicing Rights

Income earned by the Company on its commercial mortgage servicing rights is derived primarily from contractually specified servicing fees and other ancillary fees, and is reported in

Commercial real estate related income in the Consolidated Statements of Income. Such income earned for the three months ended March 31, 2018 and 2017 totaled $7 million and $5 million, respectively.

The Company also earns income from subservicing certain third party commercial mortgages for which the Company does not record servicing rights, which is reported in Commercial real estate related income in the Consolidated Statements of Income. Such income earned for the three months ended March 31, 2018 and 2017 totaled $3 million and $4 million, respectively.

At March 31, 2018 and December 31, 2017, the total UPB of commercial mortgage loans serviced for third parties was $31.1 billion and $30.1 billion, respectively. Included in these amounts at both March 31, 2018 and December 31, 2017 were $5.8 billion of loans serviced for third parties for which the Company records servicing rights, and $25.3 billion and $24.3 billion, respectively, of loans subserviced for third parties for which the Company does not record servicing rights. No commercial mortgage servicing rights were purchased or sold during the three months ended March 31, 2018 and 2017.

Commercial mortgage servicing rights are accounted for at amortized cost and are monitored for impairment on an ongoing basis. The Company calculates the fair value of commercial servicing rights based on the present value of estimated future net servicing income, considering prepayment projections and other assumptions. Impairment, if any, is recognized when the carrying value of the servicing asset exceeds the fair value at the measurement date. The amortized cost of the Company's commercial mortgage servicing rights were $64 million and $65 million at March 31, 2018 and December 31, 2017, respectively.

A summary of the key inputs used to estimate the fair value of the Company’s commercial mortgage servicing rights at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of commercial mortgage servicing rights		$76			$75
Discount rate (annual)	12		%	12		%
Decline in fair value from 10% adverse change		$3			$3
Decline in fair value from 20% adverse change	6			6
Prepayment rate assumption (annual)	6		%	7		%
Decline in fair value from 10% adverse change		$1			$1
Decline in fair value from 20% adverse change	2			2
Weighted-average life (in years)	7.2			7.0
Float earnings rate (annual)	1.1		%	1.1		%

As with residential MSRs, these commercial mortgage servicing right sensitivities are hypothetical and should be used with caution.

31

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 9 - OTHER ASSETS

The components of other assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Equity securities with readily determinable fair values:
Mutual fund investments 1		$135		$49
Other equity 1	8		7
Equity securities without readily determinable fair values:
FHLB of Atlanta stock 1	15		15
Federal Reserve Bank of Atlanta stock 1	403		403
Other equity	52		26
Lease assets	1,567		1,528
Bank-owned life insurance	1,402		1,411
Community development investments 2	1,383		1,331
Accrued income	936		880
Accounts receivable	768		2,201
Pension assets, net	476		464
Prepaid expenses	279		319
OREO	59		57
Other	796		727
Total other assets		$8,279		$9,418

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

Pursuant to the adoption of ASU 2016-01 on January 1, 2018, the Company elected the measurement alternative for measuring

its other equity securities without readily determinable fair values. As reflected in the preceding table, the carrying amount of these other equity securities was $52 million and $26 million at March 31, 2018 and December 31, 2017, respectively. During the three months ended March 31, 2018, an observable transaction occurred relating to these equity securities, which resulted in a remeasurement gain of $23 million recognized in Other noninterest income in the Company's Consolidated Statements of Income. There were no remeasurement losses on these equity securities during the three months ended March 31, 2018. See the “Equity Securities” and “Accounting Pronouncements” sections of Note 1, “Significant Accounting Policies,” for additional information on the Company's adoption of ASU 2016-01 and for policy updates related to equity securities.

Lease assets consist primarily of operating leases in which the Company is the lessor. In these scenarios, the Company leases assets and receives periodic rental payments. Depreciation on the leased asset is recognized over the term of the operating lease. Any impairment on the leased asset is recognized to the extent that the carrying value of the asset is not recoverable and is greater than its fair value.

Bank-owned life insurance consists of life insurance policies held on certain employees for which the Company is the beneficiary. These policies provide the Company an efficient form of funding for long-term retirement and other employee benefits costs.

Pension assets (net) represent the funded status of the Company's overfunded pension and other postretirement benefits plans, measured as the difference between the fair value of plan assets and the benefit obligation at period end.

NOTE 10 - CERTAIN TRANSFERS OF FINANCIAL ASSETS AND VARIABLE INTEREST ENTITIES

The Company has transferred loans and securities in sale or securitization transactions for which the Company retains certain beneficial interests, servicing rights, and/or recourse. These transfers of financial assets include certain residential mortgage loans, guaranteed student loans, and commercial and corporate loans, as discussed in the following section, "Transfers of Financial Assets." Cash receipts on beneficial interests held related to these transfers were immaterial for both the three months ended March 31, 2018 and 2017.

When a transfer or other transaction occurs with a VIE, the Company first determines whether it has a VI in the VIE. A VI is typically in the form of securities representing retained interests in transferred assets and, at times, servicing rights, and for commercial mortgage loans sold to Fannie Mae, the loss share guarantee. See Note 14, “Guarantees,” for further discussion of the Company's loss share guarantee. When determining whether to consolidate the VIE, the Company evaluates whether it is a primary beneficiary which has both (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb losses,or the right to receive benefits, that could potentially be significant to the VIE.

To determine whether a transfer should be accounted for as a sale or a secured borrowing, the Company evaluates whether: (i) the transferred assets are legally isolated, (ii) the transferee has the right to pledge or exchange the transferred assets, and (iii) the Company has relinquished effective control of the transferred assets. If all three conditions are met, then the transfer is accounted for as a sale.

Except as specifically noted herein, the Company is not required to provide additional financial support to any of the entities to which the Company has transferred financial assets, nor has the Company provided any support it was not otherwise obligated to provide. No events occurred during the three months ended March 31, 2018 that changed the Company’s previous conclusions regarding whether it is the primary beneficiary of the VIEs described herein. Furthermore, no events occurred during the three months ended March 31, 2018 that changed the Company’s sale conclusion with regards to previously transferred residential mortgage loans, guaranteed student loans, or commercial and corporate loans.

32

Notes to Consolidated Financial Statements (Unaudited), continued

Transfers of Financial Assets

The following discussion summarizes transfers of financial assets to entities for which the Company has retained some level of continuing involvement.

Consumer Loans

Residential Mortgage Loans

The Company typically transfers first lien residential mortgage loans in conjunction with Ginnie Mae, Fannie Mae, and Freddie Mac securitization transactions, whereby the loans are exchanged for cash or securities that are readily redeemable for cash, and servicing rights are retained.

The Company sold residential mortgage loans to Ginnie Mae, Fannie Mae, and Freddie Mac, which resulted in pre-tax net losses of $13 million and $4 million for the three months ended March 31, 2018 and 2017, respectively. Net gains/losses on the sale of residential mortgage LHFS are recorded at inception of the associated IRLCs and reflect the change in value of the loans resulting from changes in interest rates from the time the Company enters into the related IRLCs with borrowers until the loans are sold, but do not include the results of hedging activities initiated by the Company to mitigate this market risk. See Note 15, "Derivative Financial Instruments," for further discussion of the Company's hedging activities. The Company has made certain representations and warranties with respect to the transfer of these loans. See Note 14, “Guarantees,” for additional information regarding representations and warranties.

In a limited number of securitizations, the Company has received securities in addition to cash in exchange for the transferred loans, while also retaining servicing rights. The securities received are measured at fair value and classified as securities AFS. At March 31, 2018 and December 31, 2017, the fair value of securities received totaled $21 million and $22 million, respectively.

The Company evaluates securitization entities in which it has a VI for potential consolidation under the VIE consolidation model. Notwithstanding the Company's role as servicer, the Company typically does not have power over the securitization entities as a result of rights held by the master servicer. In certain transactions, the Company does have power as the servicer, but does not have an obligation to absorb losses, or the right to receive benefits, that could potentially be significant. In all such cases, the Company does not consolidate the securitization entity. Total assets of the unconsolidated entities in which the Company has a VI were $142 million and $147 million at March 31, 2018 and December 31, 2017, respectively.

The Company’s maximum exposure to loss related to these unconsolidated residential mortgage loan securitizations is comprised of the loss of value of any interests it retains, which was $21 million and $22 million at March 31, 2018 and December 31, 2017, respectively, and any repurchase obligations or other losses it incurs as a result of any guarantees related to these securitizations, which is discussed further in Note 14, “Guarantees.”

Guaranteed Student Loans

The Company has securitized government-guaranteed student loans through a transfer of loans to a securitization entity and retained the residual interest in the entity. The Company concluded that this entity should be consolidated because the Company has (i) the power to direct the activities that most significantly impact the economic performance of the VIE and (ii) the obligation to absorb losses, and the right to receive benefits, that could potentially be significant. At March 31, 2018 and December 31, 2017, the Company’s Consolidated Balance Sheets reflected $185 million and $192 million of assets held by the securitization entity and $182 million and $189 million of debt issued by the entity, respectively, inclusive of related accrued interest.

To the extent that the securitization entity incurs losses on its assets, the securitization entity has recourse to the guarantor of the underlying loan, which is backed by the Department of Education up to a maximum guarantee of 98%, or in the event of death, disability, or bankruptcy, 100%. When not fully guaranteed, losses reduce the amount of available cash payable to the Company as the owner of the residual interest. To the extent that losses result from a breach of servicing responsibilities, the Company, which functions as the master servicer, may be required to repurchase the defaulted loan(s) at par value. If the breach was caused by the subservicer, the Company would seek reimbursement from the subservicer up to the guaranteed amount. The Company’s maximum exposure to loss related to the securitization entity would arise from a breach of its servicing responsibilities. To date, loss claims filed with the guarantor that have been denied due to servicing errors have either been, or are in the process of, being cured, or reimbursement has been provided to the Company by the subservicer, or in limited cases, absorbed by the Company.

Commercial and Corporate Loans

The Company originates and sells certain commercial mortgage loans to Fannie Mae and Freddie Mac, originates FHA insured loans, and issues and sells Ginnie Mae commercial MBS secured by FHA insured loans. The Company transferred commercial loans to these Agencies and GSEs, which resulted in pre-tax net gains of $9 million and $11 million for the three months ended March 31, 2018 and 2017, respectively. The loans are exchanged for cash or securities that are readily redeemable for cash, with servicing rights retained. The Company has made certain representations and warranties with respect to the transfer of these loans and has entered into a loss share guarantee related to certain loans transferred to Fannie Mae. See Note 14, “Guarantees,” for additional information regarding the commercial mortgage loan loss share guarantee.

33

Notes to Consolidated Financial Statements (Unaudited), continued

The Company's total managed loans, including the LHFI portfolio and other transferred loans (securitized and unsecuritized), are presented in the following table by portfolio balance and delinquency status (accruing loans 90 days or more past due and all nonaccrual loans) at March 31, 2018 and December 31, 2017, as well as the related net charge-offs for the three months ended March 31, 2018 and 2017.

	Portfolio Balance				Past Due and Nonaccrual				Net Charge-offs
	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		Three Months Ended March 31
(Dollars in millions)									2018			2017
LHFI portfolio:
Commercial		$75,324		$75,477		$271		$247		$17			$50
Consumer	67,294		67,704		1,789		1,832		62			62
Total LHFI portfolio	142,618		143,181		2,060		2,079		79			112
Managed securitized loans:
Commercial 1	5,798		5,760		—		—		—			—
Consumer	133,489		134,160		308		171		2		2	3		2
Total managed securitized loans	139,287		139,920		308		171		2			3
Managed unsecuritized loans 3	2,089		2,200		340		340		—			—
Total managed loans		$283,994		$285,301		$2,708		$2,590		$81			$115

¹ Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

² Amounts associated with $541 million and $602 million of managed securitized loans at March 31, 2018 and December 31, 2017, respectively. Net charge-off data is not reported to the Company for the remaining balance of $132.9 billion and $133.6 billion of managed securitized loans at March 31, 2018 and December 31, 2017, respectively.

³ Comprised of unsecuritized loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.

Other Variable Interest Entities

In addition to exposure to VIEs arising from transfers of financial assets, the Company also has involvement with VIEs from other business activities.

Total Return Swaps

At both March 31, 2018 and December 31, 2017, the outstanding notional amounts of the Company's VIE-facing TRS contracts totaled $1.7 billion and related senior financing outstanding to VIEs totaled $1.7 billion. These financings were measured at fair value and classified within Trading assets and derivative instruments on the Consolidated Balance Sheets. The Company entered into client-facing TRS contracts of the same outstanding notional amounts. The notional amounts of the TRS contracts with VIEs represent the Company’s maximum exposure to loss, although this exposure has been mitigated via the TRS contracts with third party clients. For additional information on the Company’s TRS contracts and its involvement with these VIEs, see Note 15, “Derivative Financial Instruments,” as well as Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," to the Company's 2017 Annual Report on Form 10-K.

Community Development Investments

As part of its community reinvestment initiatives, the Company invests in multi-family affordable housing developments and other community development entities as a limited partner and/or a debt provider. These investments are recorded in Other assets on the Company’s Consolidated Balance Sheets. The Company receives tax credits for its limited partner investments, which are recorded in the Provision for income taxes in the Company's Consolidated Statements of Income. The Company has determined that the majority of the related partnerships are VIEs.

The Company has concluded that it is not the primary beneficiary of affordable housing partnerships when it invests

as a limited partner and there is a third party general partner. The investments are accounted for in accordance with the accounting guidance for investments in affordable housing projects. The general partner, or an affiliate of the general partner, often provides guarantees to the limited partner, which protects the Company from construction and operating losses and tax credit allocation deficits. Assets of $2.3 billion in these and other community development partnerships were not included in the Consolidated Balance Sheets at both March 31, 2018 and December 31, 2017. The Company's limited partner interests had a carrying value of $1.1 billion at both March 31, 2018 and December 31, 2017. The Company’s maximum exposure to loss related to these investments totaled $1.4 billion at both March 31, 2018 and December 31, 2017. The Company’s maximum exposure to loss would result from the loss of its limited partner investments, net of liabilities, along with $344 million and $350 million of loans or interest-rate swap fair value exposures issued by the Company to the entities at March 31, 2018 and December 31, 2017, respectively. The remaining exposure to loss is primarily attributable to unfunded equity commitments that the Company is required to fund if certain conditions are met.

The Company also owns noncontrolling interests in funds whose purpose is to invest in community developments. At March 31, 2018 and December 31, 2017, the Company's investment in these funds totaled $317 million and $278 million, respectively. The Company's maximum exposure to loss on its investment in these funds is comprised of its equity investments in the funds, loans issued, and any additional unfunded equity commitments, which totaled $665 million and $643 million at March 31, 2018 and December 31, 2017, respectively.

During the three months ended March 31, 2018 and 2017, the Company recognized $30 million and $25 million of tax credits for qualified affordable housing projects, and $32 million

34

Notes to Consolidated Financial Statements (Unaudited), continued

and $24 million of amortization on these qualified affordable housing projects, respectively. This amortization, net of the related tax benefits, is recorded in the provision for income taxes.

Certain of the Company's community development investments do not qualify as affordable housing projects for accounting purposes. The Company recognized tax credits for

these investments of $18 million and $17 million during the three months ended March 31, 2018 and 2017, respectively. Amortization recognized on these investments totaled $14 million and $12 million during the three months ended March 31, 2018 and 2017, respectively, recorded in Amortization in the Company's Consolidated Statements of Income.

NOTE 11 – NET INCOME PER COMMON SHARE

Equivalent shares of less than 1 million related to common stock options and common stock warrants outstanding at March 31, 2017 were excluded from the computations of diluted net income per average common share because they would have been anti-dilutive.

Reconciliations of net income to net income available to common shareholders and the difference between average basic common shares outstanding and average diluted common shares outstanding are presented in the following table.

	Three Months Ended March 31
(Dollars and shares in millions, except per share data)	2018			2017
Net income		$643			$468
Less:
Preferred stock dividends	(31		)	(17		)
Net income available to common shareholders		$612			$451
Average common shares outstanding - basic	468.7			490.1
Add dilutive securities:
RSUs	2.8			3.2
Common stock warrants and restricted stock	1.4			1.8
Stock options	0.7			0.9
Average common shares outstanding - diluted	473.6			496.0
Net income per average common share - diluted		$1.29			$0.91
Net income per average common share - basic	1.31			0.92

NOTE 12 - INCOME TAXES

For the three months ended March 31, 2018 and 2017, the provision for income taxes was $147 million and $159 million, representing effective tax rates of 19% and 25%, respectively. The effective tax rate for the three months ended March 31, 2018 was favorably impacted by a net $4 million discrete income tax benefit, while the effective tax rate for the three months ended March 31, 2017 was favorably impacted by a net $22 million discrete income tax benefit related primarily to share-based compensation.

The net discrete income tax benefit for the three months ended March 31, 2018 was driven by a $20 million tax benefit for share-based compensation and a $19 million tax benefit for an adjustment to the Company's December 31, 2017 remeasurement of its estimated DTAs and DTLs at the reduced federal corporate income tax rate of 21%. These income tax benefits were offset largely by a $35 million discrete tax expense related to an increase in the valuation allowance recorded for STM's state carryforwards. Any additional adjustment to the Company's December 31, 2017 remeasurement of its estimated DTAs and DTLs would be recorded as an adjustment to the

provision for income taxes in 2018 in the period the adjustment amount is determined.

At March 31, 2018 and December 31, 2017, the Company had a valuation allowance recorded against its state carryforwards and certain state DTAs of $179 million and $143 million, respectively. This increase in the valuation allowance was due primarily to the impact of the pending merger of STM and the Bank on the future realization of STM's state NOL carryforwards. See Note 18, “Business Segment Reporting,” for additional information regarding the pending merger of STM and the Bank.

The provision for income taxes includes both federal and state income taxes and differs from the provision using statutory rates due primarily to favorable permanent tax items such as interest income from lending to tax-exempt entities, tax credits from community reinvestment activities, and amortization expense related to qualified affordable housing investment costs. The Company calculated the provision for income taxes for the three months ended March 31, 2018 and 2017 by applying the estimated annual effective tax rate to year-to-date pre-tax income and adjusting for discrete items that occurred during the period.

35

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 13 - EMPLOYEE BENEFIT PLANS

The Company sponsors various compensation and benefit programs to attract and retain talent. Aligned with a pay for performance culture, the Company's plans and programs include short-term incentives, AIP, and various LTI plans. See Note 15,

"Employee Benefit Plans," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's employee benefit plans.

Stock-based compensation expense recognized in Employee compensation in the Consolidated Statements of Income consisted of the following:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
RSUs		$39		$34
Phantom stock units 1	17		24
Total stock-based compensation expense		$56		$58
Stock-based compensation tax benefit 2		$13		$22

¹ Phantom stock units are settled in cash. The Company paid $75 million and $76 million during the three months ended March 31, 2018 and 2017, respectively, related to these share-based liabilities.

² Does not include excess tax benefits or deficiencies recognized in the Provision for income taxes in the Consolidated Statements of Income.

Components of net periodic benefit related to the Company's pension and other postretirement benefits plans are presented in the following table and are recognized in Employee benefits in the Consolidated Statements of Income:

	Three Months Ended March 31
	Pension Benefits 1						Other Postretirement Benefits
(Dollars in millions)	2018			2017			2018			2017
Service cost		$1			$1			$—			$—
Interest cost	23			24			—			—
Expected return on plan assets	(47		)	(48		)	(1		)	(1		)
Amortization of prior service credit	—			—			(2		)	(1		)
Amortization of actuarial loss	6			6			—			—
Net periodic benefit		($17	)		($17	)		($3	)		($2	)

¹ Administrative fees are recognized in service cost for each of the periods presented.

In the second quarter of 2017, the Company amended its NCF Retirement Plan in accordance with its decision to terminate the pension plan effective as of July 31, 2017. The NCF pension plan termination is expected to be completed by the end of 2018 and

the Company is in process of evaluating the impact of the termination and expected future settlement accounting on its Consolidated Financial Statements and related disclosures.

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Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 14 – GUARANTEES

The Company has undertaken certain guarantee obligations in the ordinary course of business. The issuance of a guarantee imposes an obligation for the Company to stand ready to perform and make future payments should certain triggering events occur. Payments may be in the form of cash, financial instruments, other assets, shares of stock, or through provision of the Company’s services. The following is a discussion of the guarantees that the Company has issued at March 31, 2018. The Company has also entered into certain contracts that are similar to guarantees, but that are accounted for as derivative instruments as discussed in Note 15, “Derivative Financial Instruments.”

Letters of Credit

Letters of credit are conditional commitments issued by the Company, generally to guarantee the performance of a client to a third party in borrowing arrangements, such as CP, bond financing, or similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to clients but may be reduced by selling participations to third parties. The Company issues letters of credit that are classified as financial standby, performance standby, or commercial letters of credit; however, commercial letters of credit are considered guarantees of funding and are not subject to the disclosure requirements of guarantee obligations.

At March 31, 2018 and December 31, 2017, the maximum potential exposure to loss related to the Company's issued letters of credit was $2.5 billion and $2.6 billion, respectively. The Company’s outstanding letters of credit generally have a term of more than one year. Some standby letters of credit are designed to be drawn upon in the normal course of business and others are drawn upon only in circumstances of dispute or default in the underlying transaction to which the Company is not a party. In all cases, the Company is entitled to reimbursement from the client. If a letter of credit is drawn upon and reimbursement is not provided by the client, the Company may take possession of the collateral securing the letter of credit, where applicable.

The Company monitors its credit exposure under standby letters of credit in the same manner as it monitors other extensions of credit in accordance with its credit policies. Consistent with the methodologies used for all commercial borrowers, an internal assessment of the PD and loss severity in the event of default is performed. The management of credit risk for letters of credit leverages the risk rating process to focus greater visibility on higher risk and higher dollar letters of credit. The allowance associated with letters of credit is a component of the unfunded commitments reserve recorded in Other liabilities on the Consolidated Balance Sheets and is included in the allowance for credit losses as disclosed in Note 7, “Allowance for Credit Losses.” Additionally, unearned fees relating to letters of credit are recorded in Other liabilities on the Consolidated Balance Sheets. The net carrying amount of unearned fees was immaterial at both March 31, 2018 and December 31, 2017.

Loan Sales and Servicing

STM, a consolidated subsidiary of the Company, originates and purchases residential mortgage loans, a portion of which are sold to outside investors in the normal course of business through a combination of whole loan sales to GSEs, Ginnie Mae, and non-

agency investors. The Company also originates and sells certain commercial mortgage loans to Fannie Mae and Freddie Mac, originates FHA insured loans, and issues and sells Ginnie Mae commercial MBS secured by FHA insured loans.

When loans are sold, representations and warranties regarding certain attributes of the loans are made to third party purchasers. Subsequent to the sale, if a material underwriting deficiency or documentation defect is discovered, the Company may be obligated to repurchase the loan or to reimburse an investor for losses incurred (make whole requests), if such deficiency or defect cannot be cured by the Company within the specified period following discovery. These representations and warranties may extend through the life of the loan. In addition to representations and warranties related to loan sales, the Company makes representations and warranties that it will service the loans in accordance with investor servicing guidelines and standards, which may include (i) collection and remittance of principal and interest, (ii) administration of escrow for taxes and insurance, (iii) advancing principal, interest, taxes, insurance, and collection expenses on delinquent accounts, and (iv) loss mitigation strategies, including loan modifications and foreclosures.

The Company’s reserve for residential mortgage loan repurchases was $39 million and $40 million at March 31, 2018 and 2017, respectively, and there were no changes in the Company’s reserve for residential mortgage loan repurchases during the three months ended March 31, 2018 and 2017. A significant degree of judgment is used to estimate the mortgage repurchase liability as the estimation process is inherently uncertain and subject to imprecision. The Company believes that its reserve appropriately estimates incurred losses based on its current analysis and assumptions. While the mortgage repurchase reserve includes the estimated cost of settling claims related to required repurchases, the Company's estimate of losses depends on its assumptions regarding GSE and other counterparty behavior, loan performance, home prices, and other factors. The liability is recorded in Other liabilities on the Consolidated Balance Sheets, and the related repurchase provision/(benefit) is recognized in Mortgage production related income in the Consolidated Statements of Income. See Note 17, "Contingencies," for additional information on current legal matters related to loan sales.

The following table summarizes the carrying value of the Company's outstanding repurchased residential mortgage loans:

(Dollars in millions)	March 31, 2018		December 31, 2017
Outstanding repurchased residential mortgage loans:
Performing LHFI		$197		$203
Nonperforming LHFI	18		16
Total carrying value of outstanding repurchased residential mortgages		$215		$219

Residential mortgage loans sold to Ginnie Mae are insured by the FHA or are guaranteed by the VA. As servicer, the Company may elect to repurchase delinquent loans in accordance with Ginnie Mae guidelines; however, the loans continue to be insured. The Company may also indemnify the FHA and VA for

37

Notes to Consolidated Financial Statements (Unaudited), continued

losses related to loans not originated in accordance with their guidelines.

Commercial Mortgage Loan Loss Share Guarantee

In connection with the acquisition of Pillar, the Company assumed a loss share obligation associated with the terms of a master loss sharing agreement with Fannie Mae for multi-family commercial mortgage loans that were sold by Pillar to Fannie Mae under Fannie Mae’s delegated underwriting and servicing program. Upon the acquisition of Pillar, the Company entered into a lender contract amendment with Fannie Mae for multi-family commercial mortgage loans that Pillar sold to Fannie Mae prior to acquisition and that the Company sold to Fannie Mae subsequent to acquisition, whereby the Company bears a risk of loss of up to one-third of the incurred losses resulting from borrower defaults. The breach of any representation or warranty related to a loan sold to Fannie Mae could increase the Company's level of risk-sharing associated with the loan. The outstanding UPB of loans sold subject to the loss share guarantee was $3.3 billion and $3.4 billion at March 31, 2018 and December 31, 2017, respectively. The maximum potential exposure to loss was $940 million and $962 million at March 31, 2018 and December 31, 2017, respectively. Using probability of default and severity of loss estimates, the Company's loss share liability was $11 million at both March 31, 2018 and December 31, 2017, and is recorded in Other liabilities on the Consolidated Balance Sheets.

Visa

The Company executes credit and debit transactions through Visa and MasterCard. The Company is a defendant, along with Visa and MasterCard (the “Card Associations”), as well as several other banks, in one of several antitrust lawsuits challenging the practices of the Card Associations (the “Litigation”). The Company entered into judgment and loss sharing agreements with Visa and certain other banks in order to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the Litigation. Additionally, in connection with Visa's restructuring in 2007, shares of Visa common stock were issued to its financial institution members and the Company received its proportionate number of shares of Visa Inc. common stock, which were subsequently converted to Class B shares of Visa Inc. upon completion of Visa’s IPO in 2008. A provision of the original Visa By-Laws, which was restated in Visa's certificate of incorporation, contains a general indemnification provision between a Visa member and Visa that explicitly provides that each member's indemnification obligation is limited to losses

arising from its own conduct and the specifically defined Litigation. While the district court approved a class action settlement of the Litigation in 2012, the U.S. Court of Appeals for the Second Circuit reversed the district court's approval of the settlement on June 30, 2016. The U.S. Supreme Court denied plaintiffs' petition for certiorari on March 27, 2017, and the case returned to the district court for further action.

Agreements associated with Visa's IPO have provisions that Visa will fund a litigation escrow account, established for the purpose of funding judgments in, or settlements of, the Litigation. If the escrow account is insufficient to cover the Litigation losses, then Visa will issue additional Class A shares (“loss shares”). The proceeds from the sale of the loss shares would then be deposited in the escrow account. The issuance of the loss shares will cause a dilution of Visa's Class B shares as a result of an adjustment to lower the conversion factor of the Class B shares to Class A shares. Visa U.S.A.'s members are responsible for any portion of the settlement or loss on the Litigation after the escrow account is depleted and the value of the Class B shares is fully diluted.

In May 2009, the Company sold its 3.2 millionClass B shares to the Visa Counterparty and entered into a derivative with the Visa Counterparty. Under the derivative, the Visa Counterparty is compensated by the Company for any decline in the conversion factor as a result of the outcome of the Litigation. Conversely, the Company is compensated by the Visa Counterparty for any increase in the conversion factor. The amount of payments made or received under the derivative is a function of the 3.2 million shares sold to the Visa Counterparty, the change in conversion rate, and Visa’s share price. The Visa Counterparty, as a result of its ownership of the Class B shares, is impacted by dilutive adjustments to the conversion factor of the Class B shares caused by the Litigation losses. Additionally, the Company will make periodic payments based on the notional of the derivative and a fixed rate until the date on which the Litigation is settled. The fair value of the derivative is estimated based on unobservable inputs consisting of management's estimate of the probability of certain litigation scenarios and the timing of the resolution of the Litigation due in large part to the aforementioned decision by the U.S. Court of Appeals for the Second Circuit. The fair value of the derivative liability was $15 million at both March 31, 2018 and December 31, 2017. The fair value of the derivative is estimated based on the Company's expectations regarding the resolution of the Litigation. The ultimate impact to the Company could be significantly different based on the Litigation outcome.

38

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 15 - DERIVATIVE FINANCIAL INSTRUMENTS

The Company enters into various derivative financial instruments, both in a dealer capacity to facilitate client transactions and as an end user as a risk management tool. The Company generally manages the risk associated with these derivatives within the established MRM and credit risk management frameworks. Derivatives may be used by the Company to hedge various economic or client-related exposures. In such instances, derivative positions are typically monitored using a VAR methodology, with exposures reviewed daily. Derivatives are also used as a risk management tool to hedge the Company’s balance sheet exposure to changes in identified cash flow and fair value risks, either economically or in accordance with hedge accounting provisions. The Company’s Corporate Treasury function is responsible for employing the various hedge strategies to manage these objectives. The Company enters into IRLCs on residential and commercial mortgage loans that are accounted for as freestanding derivatives. Additionally, certain contracts containing embedded derivatives are measured, in their entirety, at fair value. All derivatives, including both freestanding as well as any embedded derivatives that the Company bifurcates from the host contracts, are measured at fair value in the Consolidated Balance Sheets in Trading assets and derivative instruments and Trading liabilities and derivative instruments. The associated gains and losses are either recognized in AOCI, net of tax, or within the Consolidated Statements of Income, depending upon the use and designation of the derivatives.

Credit and Market Risk Associated with Derivative Instruments

Derivatives expose the Company to risk that the counterparty to the derivative contract does not perform as expected. The Company manages its exposure to counterparty credit risk associated with derivatives by entering into transactions with counterparties with defined exposure limits based on their credit quality and in accordance with established policies and procedures. All counterparties are reviewed regularly as part of the Company’s credit risk management practices and appropriate action is taken to adjust the exposure limits to certain counterparties as necessary. The Company’s derivative transactions are generally governed by ISDA agreements or other legally enforceable industry standard master netting agreements. In certain cases and depending on the nature of the underlying derivative transactions, bilateral collateral agreements are also utilized. Furthermore, the Company and its subsidiaries are subject to OTC derivative clearing requirements, which require certain derivatives to be cleared through central clearing houses, such as LCH and the CME. These clearing houses require the Company to post initial and variation margin to mitigate the risk of non-payment, the latter of which is received or paid daily based on the net asset or liability position of the contracts. Effective January 3, 2017, the CME amended its rulebook to legally characterize variation margin cash payments for cleared OTC derivatives as settlement rather than as collateral. Consistent with the CME's amended requirements, LCH amended its rulebook effective January 16, 2018, to legally characterize variation margin cash payments for cleared OTC derivatives as settlement rather than as collateral. As a result, in the first quarter of 2018, the Company began reducing the corresponding derivative asset and liability balances for LCH-

cleared OTC derivatives to reflect the settlement of those positions via the exchange of variation margin.

When the Company has more than one outstanding derivative transaction with a single counterparty, and there exists a legal right of offset with that counterparty, the Company considers its exposure to the counterparty to be the net fair value of its derivative positions with that counterparty. If the net fair value is positive, then the corresponding asset value also reflects cash collateral held. At March 31, 2018, the economic exposure of these net derivative asset positions was $510 million, reflecting $936 million of net derivative gains, adjusted for cash and other collateral of $426 million that the Company held in relation to these positions. At December 31, 2017, the economic exposure of net derivative asset positions was $541 million, reflecting $940 million of net derivative gains, adjusted for cash and other collateral held of $399 million.

Derivatives also expose the Company to market risk arising from the adverse effects that changes in market factors, such as interest rates, currency rates, equity prices, commodity prices, or implied volatility, may have on the value of the Company's derivatives. The Company manages this risk by establishing and monitoring limits on the types and degree of risk that may be undertaken. The Company measures its market risk exposure using a VAR methodology for derivatives designated as trading instruments. Other tools and risk measures are also used to actively manage risk associated with derivatives including scenario analysis and stress testing.

Derivative instruments are priced using observable market inputs at a mid-market valuation point and take into consideration appropriate valuation adjustments for collateral, market liquidity, and counterparty credit risk. For purposes of determining fair value adjustments to its OTC derivative positions, the Company takes into consideration the credit profile and likelihood of default by counterparties and itself, as well as its net exposure, which considers legally enforceable master netting agreements and collateral along with remaining maturities. The expected loss of each counterparty is estimated using market-based views of counterparty default probabilities observed in the single-name CDS market, when available and of sufficient liquidity. When single-name CDS market data is not available or not of sufficient liquidity, the probability of default is estimated using a combination of the Company's internal risk rating system and sector/rating based CDS data.

For purposes of estimating the Company’s own credit risk on derivative liability positions, the DVA, the Company uses probabilities of default from observable, sector/rating based CDS data. The Company adjusted the net fair value of its derivative contracts for estimates of both counterparty credit risk and its own credit risk by approximately $3 million and $5 million at March 31, 2018 and December 31, 2017, respectively. For additional information on the Company's fair value measurements, see Note 16, "Fair Value Election and Measurement."

Currently, the majority of the Company’s derivatives contain contingencies that relate to the creditworthiness of the Bank. These contingencies, which are contained in industry standard master netting agreements, may be considered events of default. Should the Bank be in default under any of these

39

Notes to Consolidated Financial Statements (Unaudited), continued

provisions, the Bank’s counterparties would be permitted to close out transactions with the Bank on a net basis, at amounts that would approximate the fair values of the derivatives, resulting in a single sum due by one party to the other. The counterparties would have the right to apply any collateral posted by the Bank against any net amount owed by the Bank. Additionally, certain of the Company’s derivative liability positions, totaling $934 million and $1.1 billion in fair value at March 31, 2018 and December 31, 2017, respectively, contain provisions conditioned on downgrades of the Bank’s credit rating. These provisions, if triggered, would either give rise to an ATE that permits the counterparties to close-out net and apply collateral or, where a CSA is present, require the Bank to post additional collateral.

At March 31, 2018, the Bank held senior long-term debt credit ratings of Baal/A-/A- from Moody’s, S&P, and Fitch, respectively. At March 31, 2018, ATEs have been triggered for less than $1 million in fair value liabilities. The maximum additional liability that could be triggered from ATEs was approximately $17 million at March 31, 2018. At March 31, 2018, $922 million in fair value of derivative liabilities were subject to CSAs, against which the Bank has posted $910 million in collateral, primarily in the form of cash. If requested by the counterparty pursuant to the terms of the CSA, the Bank would be required to post additional collateral of approximately $1 million against these contracts if the Bank were downgraded to Baa2/BBB+. Further downgrades to Baa3/BBB would require the Bank to post an additional $4 million of collateral. Any further downgrades below Ba1/BBB- do not contain predetermined collateral posting levels.

Notional and Fair Value of Derivative Positions

The following tables present the Company’s derivative positions at March 31, 2018 and December 31, 2017. The notional amounts in the tables are presented on a gross basis and have been classified within derivative assets or derivative liabilities based on the estimated fair value of the individual contract at March 31, 2018 and December 31, 2017. Gross positive and gross negative fair value amounts associated with respective notional amounts are presented without consideration of any netting agreements, including collateral arrangements. Net fair value derivative amounts are adjusted on an aggregate basis, where applicable, to take into consideration the effects of legally enforceable master netting agreements, including any cash collateral received or paid, and are recognized in Trading assets and derivative instruments or Trading liabilities and derivative instruments on the Consolidated Balance Sheets. For contracts constituting a combination of options that contain a written option and a purchased option (such as a collar), the notional amount of each option is presented separately, with the purchased notional amount generally being presented as a derivative asset and the written notional amount being presented as a derivative liability. For other contracts that contain a combination of options, the fair value is generally presented as a single value with the purchased notional amount if the combined fair value is positive, and with the written notional amount if the combined fair value is negative.

40

Notes to Consolidated Financial Statements (Unaudited), continued

	March 31, 2018
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional  Amounts 1		Fair Value			Notional  Amounts 1		Fair Value
Derivative instruments designated in cash flow hedging relationships 2
Interest rate contracts hedging floating rate LHFI		$9,250		$2			$2,850		$—
Derivative instruments designated in fair value hedging relationships 3
Interest rate contracts hedging fixed rate debt	4,250		1			2,605		—
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	4,280		1			2,635		—
Derivative instruments not designated as hedging instruments 4
Interest rate contracts hedging:
Residential MSRs 5	15,504		30			19,420		11
LHFS, IRLCs 6	3,413		13			3,111		10
LHFI	—		—			175		—
Trading activity 7	74,322		708			52,545		870
Foreign exchange rate contracts hedging loans and trading activity	4,054		133			3,676		121
Credit contracts hedging:
LHFI	—		—			585		9
Trading activity 8	1,661		22			1,673		19
Equity contracts hedging trading activity 7	15,050		2,070			21,964		2,372
Other contracts:
IRLCs and other 9	1,624		18			382		18
Commodity derivatives	755		77			748		75
Subtotal	116,383		3,071			104,279		3,505
Total derivative instruments		$129,913		$3,074			$109,764		$3,505
Total gross derivative instruments, before netting				$3,074					$3,505
Less: Legally enforceable master netting agreements			(2,009		)			(2,009		)
Less: Cash collateral received/paid			(408		)			(916		)
Total derivative instruments, after netting				$657					$580

¹ For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

² See “Cash Flow Hedges” in this Note for further discussion.

³ See “Fair Value Hedges” in this Note for further discussion.

⁴ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁵ Amount includes $2.0 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amount includes $330 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁷ Amounts include $9.7 billion of notional amounts related to interest rate futures and $1.3 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁸ Asset and liability amounts include $5 million and $17 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁹ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

41

Notes to Consolidated Financial Statements (Unaudited), continued

	December 31, 2017
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional Amounts		Fair Value			Notional Amounts		Fair Value
Derivative instruments designated in cash flow hedging relationships 1
Interest rate contracts hedging floating rate LHFI		$5,850		$2			$8,350		$252
Derivative instruments designated in fair value hedging relationships 2
Interest rate contracts hedging fixed rate debt	1,250		1			4,670		58
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	1,280		1			4,700		58
Derivative instruments not designated as hedging instruments 3
Interest rate contracts hedging:
Residential MSRs 4	31,895		119			10,126		119
LHFS, IRLCs 5	4,550		9			3,040		6
LHFI	90		2			85		2
Trading activity 6	78,223		1,066			48,143		946
Foreign exchange rate contracts hedging loans and trading activity	3,409		110			3,649		102
Credit contracts hedging:
LHFI	—		—			515		11
Trading activity 7	1,721		15			1,733		12
Equity contracts hedging trading activity 6	13,837		2,499			25,070		2,857
Other contracts:
IRLCs and other 8	1,671		18			346		16
Commodity derivatives	712		63			710		61
Subtotal	136,108		3,901			93,417		4,132
Total derivative instruments		$143,238		$3,904			$106,467		$4,442
Total gross derivative instruments, before netting				$3,904					$4,442
Less: Legally enforceable master netting agreements			(2,731		)			(2,731		)
Less: Cash collateral received/paid			(371		)			(1,303		)
Total derivative instruments, after netting				$802					$408

¹ See “Cash Flow Hedges” in this Note for further discussion.

² See “Fair Value Hedges” in this Note for further discussion.

³ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁴ Amount includes $16.6 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁵ Amount includes $190 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amounts include $9.8 billion of notional amounts related to interest rate futures and $1.2 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁷ Asset and liability amounts include $4 million and $11 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁸ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

42

Notes to Consolidated Financial Statements (Unaudited), continued

Netting of Derivative Instruments

The Company has various financial assets and financial liabilities that are subject to enforceable master netting agreements or similar agreements. The Company's securities borrowed or purchased under agreements to resell, and securities sold under agreements to repurchase, that are subject to enforceable master netting agreements or similar agreements, are discussed in Note 3, "Federal Funds Sold and Securities Financing Activities." The Company enters into ISDA or other legally enforceable industry standard master netting agreements with derivative counterparties. Under the terms of the master netting agreements, all transactions between the Company and the counterparty constitute a single business relationship such that in the event of default, the nondefaulting party is entitled to set off claims and apply property held by that party in respect of any transaction against obligations owed. Any payments, deliveries, or other transfers may be applied against each other and netted.

The following tables present total gross derivative instrument assets and liabilities at March 31, 2018 and December 31, 2017, which are adjusted to reflect the effects of legally enforceable master netting agreements and cash collateral received or paid when calculating the net amount reported in the Consolidated Balance Sheets. Also included in the tables are financial instrument collateral related to legally enforceable master netting agreements that represents securities collateral received or pledged and customer cash collateral held at third party custodians. These amounts are not offset on the Consolidated Balance Sheets but are shown as a reduction to total derivative instrument assets and liabilities to derive net derivative assets and liabilities. These amounts are limited to the derivative asset/liability balance, and accordingly, do not include excess collateral received/pledged.

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$2,805		$2,279		$526			$18		$508
Derivatives not subject to master netting arrangement or similar arrangement	17		—		17			—		17
Exchange traded derivatives	252		138		114			—		114
Total derivative instrument assets		$3,074		$2,417		$657	1		$18		$639
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$3,253		$2,787		$466			$34		$432
Derivatives not subject to master netting arrangement or similar arrangement	114		—		114			—		114
Exchange traded derivatives	138		138		—			—		—
Total derivative instrument liabilities		$3,505		$2,925		$580	2		$34		$546
December 31, 2017
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$3,491		$2,923		$568			$28		$540
Derivatives not subject to master netting arrangement or similar arrangement	18		—		18			—		18
Exchange traded derivatives	395		179		216			—		216
Total derivative instrument assets		$3,904		$3,102		$802	1		$28		$774
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$4,128		$3,855		$273			$27		$246
Derivatives not subject to master netting arrangement or similar arrangement	130		—		130			—		130
Exchange traded derivatives	184		179		5			—		5
Total derivative instrument liabilities		$4,442		$4,034		$408	2		$27		$381

¹ At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

² At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

43

Notes to Consolidated Financial Statements (Unaudited), continued

Fair Value and Cash Flow Hedging Instruments

Fair Value Hedging

The Company enters into interest rate swap agreements as part of its risk management objectives for hedging exposure to changes in fair value due to changes in interest rates. These hedging arrangements convert certain fixed rate long-term debt and CDs to floating rates. Consistent with this objective, the Company reflects the accrued contractual interest on the hedged item and the related swaps as part of current period interest expense. There were no components of derivative gains or losses excluded in the Company’s assessment of hedge effectiveness related to the fair value hedges.

Beginning January 1, 2018, the Company early adopted ASU 2017-12 and modified its measurement methodology for certain hedged items designated under fair value hedge relationships. The Company elected to perform its subsequent assessments of hedge effectiveness using a qualitative, rather than a quantitative, approach. The adoption resulted in an immaterial cumulative effect adjustment to the opening balance of retained earnings and a basis adjustment to the related hedged items. For additional information on the Company's adoption of ASU 2017-12 and related policy updates, see Note 1, “Significant Accounting Policies.”

Cash Flow Hedging

The Company utilizes a comprehensive risk management strategy to monitor sensitivity of earnings to movements in interest rates. Specific types of funding and principal amounts hedged are determined based on prevailing market conditions

and the shape of the yield curve. In conjunction with this strategy, the Company may employ various interest rate derivatives as risk management tools to hedge interest rate risk from recognized assets and liabilities or from forecasted transactions. The terms and notional amounts of derivatives are determined based on management’s assessment of future interest rates, as well as other factors.

The Company enters into interest rate swaps designated as cash flow hedging instruments to hedge its exposure to benchmark interest rate risk associated with floating rate loans. For the three months ended March 31, 2018, the amount of pre-tax loss recognized in OCI on derivative instruments was $165 million. At both March 31, 2018 and December 31, 2017, the maturities for hedges of floating rate loans ranged from less than one year to five years, with the weighted average being 3.6 years. These hedges have been highly effective in offsetting the designated risks. At March 31, 2018, $75 million of deferred net pre-tax losses on derivative instruments designated as cash flow hedges on floating rate loans recognized in AOCI are expected to be reclassified into net interest income during the next twelve months. The amount to be reclassified into income incorporates the impact from both active and terminated cash flow hedges, including the net interest income earned on the active hedges, assuming no changes in LIBOR. The Company may choose to terminate or de-designate a hedging relationship due to a change in the risk management objective for that specific hedge item, which may arise in conjunction with an overall balance sheet management strategy.

Pursuant to the adoption of ASU 2017-12, the following table presents gains and losses on derivatives in fair value and cash flow hedging relationships by contract type and by income statement line item for the three months ended March 31, 2018. For the three months ended March 31, 2017 the table presented below remains unchanged. The tables do not disclose the financial impact of the activities that these derivative instruments are intended to hedge.

	Net Interest Income
(Dollars in millions)	Interest and fees on LHFI				Interest on Long-term Debt				Interest on Deposits			Total
Three Months Ended March 31, 2018
Interest income/(expense), including the effects of fair value and cash flow hedges		$1,398				($74	)			($131	)		$1,193
Gain/(loss) on fair value hedging relationships:
Interest rate contracts:
Amounts related to interest settlements on derivatives		$—				$3				$—			$3
Recognized on derivatives	—				(72		)		—			(72		)
Recognized on hedged items	—				69			1	—			69
Net income/(expense) recognized on fair value hedges		$—				$—				$—			$—
Loss on cash flow hedging relationships:
Interest rate contracts:
Amount of pre-tax loss reclassified from AOCI into income		($5	)	2		$—				$—			($5	)
Net expense recognized on cash flow hedges		($5	)			$—				$—			($5	)

¹ Includes $2 million of amortization expense from de-designated fair value hedging relationships.

² During the three months ended March 31, 2018, the Company also reclassified $4 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

44

Notes to Consolidated Financial Statements (Unaudited), continued

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Loss on Derivatives Recognized in Income			Amount of Gain on Related Hedged Items Recognized in Income		Amount of Gain Recognized in Income on Hedges (Ineffective Portion)
Derivative instruments in fair value hedging relationships:
Interest rate contracts hedging fixed rate debt 1		($11	)		$13		$2
Interest rate contracts hedging brokered time deposits 1	—			—		—
Total		($11	)		$13		$2

¹ Amounts are recognized in Trading income in the Consolidated Statements of Income.

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Pre-tax Loss Recognized in OCI on Derivatives (Effective Portion)			Amount of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)		Classification of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)
Derivative instruments in cash flow hedging relationships:
Interest rate contracts hedging floating rate LHFI 1		($25	)		$23	Interest and fees on loans held for investment

¹ During the three months endedMarch 31, 2017, the Company also reclassified $18 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

Pursuant to the adoption of ASU 2017-12, the following table presents the carrying amount of hedged liabilities on the Consolidated Balance Sheets in fair value hedging relationships and the associated cumulative basis adjustment related to the application of hedge accounting:

			Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Liabilities
(Dollars in millions)	Carrying Amount of Hedged Liabilities		Hedged Items Currently Designated			Hedged Items No Longer Designated
March 31, 2018
Long-term debt		$5,658		($148	)		($41	)
Interest-bearing deposits:
Brokered time deposits	29		—			—

Economic Hedging Instruments and Trading Activities

In addition to designated hedge accounting relationships, the Company also enters into derivatives as an end user to economically hedge risks associated with certain non-derivative and derivative instruments, along with entering into derivatives in a trading capacity with its clients.

The primary risks that the Company economically hedges are interest rate risk, foreign exchange risk, and credit risk. The Company mitigates these risks by entering into offsetting derivatives either on an individual basis or collectively on a macro basis.

The Company utilizes interest rate derivatives as economic hedges related to:

• Residential MSRs. The Company hedges these instruments with a combination of interest rate derivatives, including forward and option contracts, futures, and forward rate agreements.

• Residential mortgage IRLCs and LHFS. The Company hedges these instruments using forward and option contracts, futures, and forward rate agreements.

The Company is exposed to volatility and changes in foreign exchange rates associated with certain commercial loans. To hedge against this foreign exchange rate risk, the Company enters into foreign exchange rate contracts that provide for the future receipt and delivery of foreign currency at previously agreed-upon terms.

The Company enters into CDS to hedge credit risk associated with certain loans held within its Wholesale segment. The Company accounts for these contracts as derivatives, and accordingly, recognizes these contracts at fair value, with changes in fair value recognized in Other noninterest income in the Consolidated Statements of Income.

Trading activity primarily includes interest rate swaps, equity derivatives, CDS, futures, options, foreign exchange rate contracts, and commodity derivatives. These derivatives are entered into in a dealer capacity to facilitate client transactions, or are utilized as a risk management tool by the Company as an end user (predominantly in certain macro-hedging strategies).

45

Notes to Consolidated Financial Statements (Unaudited), continued

The impacts of derivative instruments used for economic hedging or trading purposes on the Consolidated Statements of Income are presented in the following table:

	Classification of (Loss)/Gain Recognized in Income on Derivatives	Amount of (Loss)/Gain Recognized in Income on Derivatives During the Three Months Ended
(Dollars in millions)		March 31, 2018			March 31, 2017
Derivative instruments not designated as hedging instruments:
Interest rate contracts hedging:
Residential MSRs	Mortgage servicing related income		($93	)		($18	)
LHFS, IRLCs	Mortgage production related income	46			(15		)
LHFI	Other noninterest income	2			—
Trading activity	Trading income	9			11
Foreign exchange rate contracts hedging loans and trading activity	Trading income	(2		)	(6		)
Credit contracts hedging:
LHFI	Other noninterest income	1			(1		)
Trading activity	Trading income	6			5
Equity contracts hedging trading activity	Trading income	1			—
Other contracts:
IRLCs and other	Mortgage production related income, Commercial real estate related income	(6		)	48
Commodity derivatives	Trading income	—			1
Total			($36	)		$25

Credit Derivative Instruments

As part of the Company's trading businesses, the Company enters into contracts that are, in form or substance, written guarantees; specifically, CDS, risk participations, and TRS. The Company accounts for these contracts as derivatives, and accordingly, records these contracts at fair value, with changes in fair value recognized in Trading income in the Consolidated Statements of Income.

At March 31, 2018, there were no purchased CDS contracts designated as trading instruments. At December 31, 2017, the gross notional amount of purchased CDS contracts designated as trading instruments was $5 million. The fair value of purchased CDS was immaterial at December 31, 2017.

The Company has also entered into TRS contracts on loans. The Company’s TRS business consists of matched trades, such that when the Company pays depreciation on one TRS, it receives the same amount on the matched TRS. To mitigate its credit risk, the Company typically receives initial cash collateral from the counterparty upon entering into the TRS and is entitled to additional collateral if the fair value of the underlying reference assets deteriorates. At both March 31, 2018 and December 31, 2017, the outstanding notional balance of TRS totaled $1.7 billion. The fair values of these TRS assets and liabilities at March 31, 2018 were $22 million and $19 million, respectively, and related cash collateral held at March 31, 2018 was $372 million. The fair values of the TRS assets and liabilities at December 31, 2017 were $15 million and $13 million, respectively, and related cash collateral held at December 31, 2017 was $368 million. For additional information on the Company's TRS contracts, see Note 10, "Certain Transfers of

Financial Assets and Variable Interest Entities," as well as Note 16, "Fair Value Election and Measurement."

The Company writes risk participations, which are credit derivatives, whereby the Company has guaranteed payment to a dealer counterparty in the event the counterparty experiences a loss on a derivative, such as an interest rate swap, due to a failure to pay by the counterparty’s customer (the “obligor”) on that derivative. The Company manages its payment risk on its risk participations by monitoring the creditworthiness of the obligors, which are all corporations or partnerships, through the normal credit review process that the Company would have performed had it entered into a derivative directly with the obligors. To date, no material losses have been incurred related to the Company’s written risk participations. At March 31, 2018, the remaining terms on these risk participations generally ranged from less than one year to eight years, with a weighted average term on the maximum estimated exposure of 4.7 years. At December 31, 2017, the remaining terms on these risk participations generally ranged from less than one year to nine years, with a weighted average term on the maximum estimated exposure of 5.5 years. The Company’s maximum estimated exposure to written risk participations, as measured by projecting a maximum value of the guaranteed derivative instruments based on interest rate curve simulations and assuming 100% default by all obligors on the maximum values, was approximately $85 million and $55 million at March 31, 2018 and December 31, 2017, respectively. The fair values of the written risk participations were immaterial at both March 31, 2018 and December 31, 2017.

46

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 16 - FAIR VALUE ELECTION AND MEASUREMENT

The Company measures certain assets and liabilities at fair value, which are classified as level 1, 2, or 3 within the fair value hierarchy, as shown below, on the basis of whether the measurement employs observable or unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s own assumptions, taking into account information about market participant assumptions that is readily available.

• Level 1: Quoted prices for identical instruments in active markets

• Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets

• Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable

Fair value is defined as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The Company’s recurring fair value measurements are based on either a requirement to measure such assets and liabilities at fair value or on the Company’s election to measure certain financial assets and liabilities at fair value. Assets and liabilities that are required to be measured at fair value on a recurring basis include trading securities, securities AFS, and derivative financial instruments. Assets and liabilities that the Company has elected to measure at fair value on a recurring basis include its residential MSRs, trading loans, and certain LHFS, LHFI, brokered time deposits, and fixed rate debt issuances.

The Company elects to measure certain assets and liabilities at fair value to better align its financial performance with the economic value of actively traded or hedged assets or liabilities. The use of fair value also enables the Company to mitigate non-economic earnings volatility caused from financial assets and liabilities being measured using different bases of accounting, as well as to more accurately portray the active and dynamic management of the Company’s balance sheet.

The Company uses various valuation techniques and assumptions in estimating fair value. The assumptions used to estimate the value of an instrument have varying degrees of impact to the overall fair value of an asset or liability. This process involves gathering multiple sources of information, including broker quotes, values provided by pricing services, trading activity in other identical or similar securities, market indices, and pricing matrices. When observable market prices for the asset or liability are not available, the Company employs various

modeling techniques, such as discounted cash flow analyses, to estimate fair value. Models used to produce material financial reporting information are validated prior to use and following any material change in methodology. Their performance is monitored at least quarterly, and any material deterioration in model performance is escalated. This review is performed by different internal groups depending on the type of fair value asset or liability.

The Company has formal processes and controls in place to support the appropriateness of its fair value estimates. For fair values obtained from a third party, or those that include certain trader estimates of fair value, there is an independent price validation function that provides oversight for these estimates. For level 2 instruments and certain level 3 instruments, the validation generally involves evaluating pricing received from two or more third party pricing sources that are widely used by market participants. The Company evaluates this pricing information from both a qualitative and quantitative perspective and determines whether any pricing differences exceed acceptable thresholds. If thresholds are exceeded, the Company assesses differences in valuation approaches used, which may include contacting a pricing service to gain further insight into the valuation of a particular security or class of securities to resolve the pricing variance, which could include an adjustment to the price used for financial reporting purposes.

The Company classifies instruments within level 2 in the fair value hierarchy when it determines that external pricing sources estimated fair value using prices for similar instruments trading in active markets. A wide range of quoted values from pricing sources may imply a reduced level of market activity and indicate that significant adjustments to price indications have been made. In such cases, the Company evaluates whether the asset or liability should be classified as level 3.

Determining whether to classify an instrument as level 3 involves judgment and is based on a variety of subjective factors, including whether a market is inactive. A market is considered inactive if significant decreases in the volume and level of activity for the asset or liability have been observed. In making this determination the Company evaluates the number of recent transactions in either the primary or secondary market, whether or not price quotations are current, the nature of market participants, the variability of price quotations, the breadth of bid/ask spreads, declines in, or the absence of, new issuances, and the availability of public information. When a market is determined to be inactive, significant adjustments may be made to price indications when estimating fair value. In making these adjustments the Company seeks to employ assumptions a market participant would use to value the asset or liability, including consideration of illiquidity in the referenced market.

47

Notes to Consolidated Financial Statements (Unaudited), continued

Recurring Fair Value Measurements

The following tables present certain information regarding assets and liabilities measured at fair value on a recurring basis and the changes in fair value for those specific financial instruments for which fair value has been elected.

	March 31, 2018
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$182		$—		$—		$—			$182
Federal agency securities	—		238		—		—			238
U.S. states and political subdivisions	—		123		—		—			123
MBS - agency	—		699		—		—			699
Corporate and other debt securities	—		804		—		—			804
CP	—		169		—		—			169
Equity securities	51		—		—		—			51
Derivative instruments	252		2,805		17		(2,417		)	657
Trading loans	—		2,189		—		—			2,189
Total trading assets and derivative instruments	485		7,027		17		(2,417		)	5,112
Securities AFS:
U.S. Treasury securities	4,340		—		—		—			4,340
Federal agency securities	—		249		—		—			249
U.S. states and political subdivisions	—		636		—		—			636
MBS - agency residential	—		22,513		—		—			22,513
MBS - agency commercial	—		2,242		—		—			2,242
MBS - non-agency residential	—		57		—		—			57
MBS - non-agency commercial	—		874		—		—			874
ABS	—		7		—		—			7
Corporate and other debt securities	—		16		—		—			16
Total securities AFS 2	4,340		26,594		—		—			30,934
LHFS	—		1,428		—		—			1,428
LHFI	—		—		188		—			188
Residential MSRs	—		—		1,916		—			1,916
Other 2	143		—		—		—			143
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	698		—		—		—			698
MBS - agency	—		1		—		—			1
Corporate and other debt securities	—		453		—		—			453
Equity securities	5		—		—		—			5
Derivative instruments	138		3,351		16		(2,925		)	580
Total trading liabilities and derivative instruments	841		3,805		16		(2,925		)	1,737
Brokered time deposits	—		302		—		—			302
Long-term debt	—		209		—		—			209

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

48

Notes to Consolidated Financial Statements (Unaudited), continued

	December 31, 2017
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$157		$—		$—		$—			$157
Federal agency securities	—		395		—		—			395
U.S. states and political subdivisions	—		61		—		—			61
MBS - agency	—		700		—		—			700
Corporate and other debt securities	—		655		—		—			655
CP	—		118		—		—			118
Equity securities	56		—		—		—			56
Derivative instruments	395		3,493		16		(3,102		)	802
Trading loans	—		2,149		—		—			2,149
Total trading assets and derivative instruments	608		7,571		16		(3,102		)	5,093
Securities AFS:
U.S. Treasury securities	4,331		—		—		—			4,331
Federal agency securities	—		259		—		—			259
U.S. states and political subdivisions	—		617		—		—			617
MBS - agency residential	—		22,704		—		—			22,704
MBS - agency commercial	—		2,086		—		—			2,086
MBS - non-agency residential	—		—		59		—			59
MBS - non-agency commercial	—		866		—		—			866
ABS	—		—		8		—			8
Corporate and other debt securities	—		12		5		—			17
Total securities AFS 2	4,331		26,544		72		—			30,947
LHFS	—		1,577		—		—			1,577
LHFI	—		—		196		—			196
Residential MSRs	—		—		1,710		—			1,710
Other 2	56		—		—		—			56
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	577		—		—		—			577
Corporate and other debt securities	—		289		—		—			289
Equity securities	9		—		—		—			9
Derivative instruments	183		4,243		16		(4,034		)	408
Total trading liabilities and derivative instruments	769		4,532		16		(4,034		)	1,283
Brokered time deposits	—		236		—		—			236
Long-term debt	—		530		—		—			530

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

49

Notes to Consolidated Financial Statements (Unaudited), continued

The following tables present the difference between fair value and the aggregate UPB for which the FVO has been elected for certain trading loans, LHFS, LHFI, brokered time deposits, and long-term debt instruments.

(Dollars in millions)	Fair Value at March 31, 2018		Aggregate UPB at March 31, 2018		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,189		$2,142		$47
LHFS:
Accruing	1,428		1,397		31
LHFI:
Accruing	183		190		(7		)
Nonaccrual	5		7		(2		)
Liabilities:
Brokered time deposits	302		304		(2		)
Long-term debt	209		203		6
(Dollars in millions)	Fair Value at December 31, 2017		Aggregate UPB at December 31, 2017		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,149		$2,111		$38
LHFS:
Accruing	1,576		1,533		43
Past due 90 days or more	1		1		—
LHFI:
Accruing	192		198		(6		)
Nonaccrual	4		6		(2		)
Liabilities:
Brokered time deposits	236		233		3
Long-term debt	530		517		13

50

Notes to Consolidated Financial Statements (Unaudited), continued

The following tables present the change in fair value during the three months ended March 31, 2018 and 2017 of financial instruments for which the FVO has been elected, as well as for residential MSRs. The tables do not reflect the change in fair value attributable to related economic hedges that the Company uses to mitigate market-related risks associated with the financial instruments. Generally, changes in the fair value of economic

hedges are recognized in Trading income, Mortgage production related income, Mortgage servicing related income, Commercial real estate related income, or Other noninterest income as appropriate, and are designed to partially offset the change in fair value of the financial instruments referenced in the tables below. The Company’s economic hedging activities are deployed at both the instrument and portfolio level.

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2018 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1			Mortgage Servicing Related Income		Other Noninterest Income			Total Changes in Fair Values Included in  Earnings 2
Assets:
Trading loans		$2		$—			$—		$—			$2
LHFS	—		(13		)	—		—			(13		)
LHFI	—		—			—		(2		)	(2		)
Residential MSRs	—		3			56		—			59
Liabilities:
Brokered time deposits	7		—			—		—			7
Long-term debt	3		—			—		—			3

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2018, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2018 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, LHFI, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2017 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1		Mortgage Servicing Related Income			Other Noninterest Income		Total Changes in Fair Values Included in Earnings 2
Assets:
Trading loans		$2		$—		$—			$—		$2
LHFS	—		12		—			—		12
Residential MSRs	—		1		(24		)	—		(23		)
Liabilities:
Brokered time deposits	1		—		—			—		1
Long-term debt	6		—		—			—		6

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2017, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2017 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

51

Notes to Consolidated Financial Statements (Unaudited), continued

The following is a discussion of the valuation techniques and inputs used in estimating fair value for assets and liabilities measured at fair value on a recurring basis and classified as level 1, 2, and/or 3.

Trading Assets and Derivative Instruments and Securities Available for Sale

Unless otherwise indicated, trading assets are priced by the trading desk and securities AFS are valued by an independent third party pricing service. The third party pricing service gathers relevant market data and observable inputs, such as new issue data, benchmark curves, reported trades, credit spreads, and dealer bids and offers, and integrates relevant credit information, market movements, and sector news into its matrix pricing and other market-based modeling techniques.

U.S. Treasury Securities

The Company estimates the fair value of its U.S. Treasury securities based on quoted prices observed in active markets; as such, these investments are classified as level 1.

Federal Agency Securities

The Company includes in this classification securities issued by federal agencies and GSEs. Agency securities consist of debt obligations issued by HUD, FHLB, and other agencies, as well as securities collateralized by loans that are guaranteed by the SBA, and thus, are backed by the full faith and credit of the U.S. government. For SBA instruments, the Company estimates fair value based on pricing from observable trading activity for similar securities or from a third party pricing service. Accordingly, these instruments are classified as level 2.

U.S. States and Political Subdivisions

The Company’s investments in U.S. states and political subdivisions (collectively “municipals”) include obligations of county and municipal authorities and agency bonds, which are general obligations of the municipality or are supported by a specified revenue source. Holdings are geographically dispersed, with no significant concentrations in any one state or municipality. Additionally, all AFS municipal obligations classified as level 2 are highly rated or are otherwise collateralized by securities backed by the full faith and credit of the federal government.

MBS – Agency

Agency MBS includes pass-through securities and collateralized mortgage obligations issued by GSEs and U.S. government agencies, such as Fannie Mae, Freddie Mac, and Ginnie Mae. Each security contains a guarantee by the issuing GSE or agency. For agency MBS, the Company estimates fair value based on pricing from observable trading activity for similar securities or from a third party pricing service; accordingly, the Company classified these instruments as level 2.

MBS – Non-agency

Non-agency residential MBS includes purchased interests in third party securitizations, as well as retained interests in Company-sponsored securitizations of 2006 and 2007 vintage residential mortgages (including both prime jumbo fixed rate collateral and floating rate collateral). At the time of purchase or origination, these securities had high investment grade ratings; however, they have experienced deterioration in credit quality leading to downgrades to non-investment grade levels. The

Company obtains pricing for these securities from an independent pricing service. The Company evaluates third party pricing to determine the reasonableness of the information relative to changes in market data, such as any recent trades, information received from market participants and analysts, and/or changes in the underlying collateral performance. At March 31, 2018 and December 31, 2017, the Company classified non-agency residential MBS as level 2 and level 3, respectively.

Non-agency commercial MBS consists of purchased interests in third party securitizations. These interests have high investment grade ratings, and the Company obtains pricing for these securities from an independent pricing service. The Company has classified these non-agency commercial MBS as level 2, as the third party pricing service relies on observable data for similar securities in active markets.

Asset-Backed Securities

ABS classified as securities AFS includes purchased interests in third party securitizations collateralized by home equity loans. At March 31, 2018 and December 31, 2017, the Company classified ABS as level 2 and level 3, respectively.

Corporate and Other Debt Securities

Corporate debt securities are comprised predominantly of senior and subordinate debt obligations of domestic corporations and are classified as level 2. Other debt securities classified as AFS include bonds that are redeemable with the issuer at par. At March 31, 2018 and December 31, 2017, the Company classified other debt securities as level 2 and level 3, respectively.

Commercial Paper

The Company acquires CP that is generally short-term in nature (maturity of less than 30 days) and highly rated. The Company estimates the fair value of this CP based on observable pricing from executed trades of similar instruments; as such, CP is classified as level 2.

Equity Securities

The Company estimates the fair value of its equity securities classified as trading assets based on quoted prices observed in active markets; accordingly, these investments are classified as level 1.

Derivative Instruments

The Company holds derivative instruments for both trading and risk management purposes. Level 1 derivative instruments generally include exchange-traded futures or option contracts for which pricing is readily available. The Company’s level 2 instruments are predominantly OTC swaps, options, and forwards, measured using observable market assumptions for interest rates, foreign exchange, equity, and credit. Because fair values for OTC contracts are not readily available, the Company estimates fair values using internal, but standard, valuation models. The selection of valuation models is driven by the type of contract: for option-based products, the Company uses an appropriate option pricing model such as Black-Scholes. For forward-based products, the Company’s valuation methodology is generally a discounted cash flow approach.

52

Notes to Consolidated Financial Statements (Unaudited), continued

The Company's derivative instruments classified as level 2 are primarily transacted in the institutional dealer market and priced with observable market assumptions at a mid-market valuation point, with appropriate valuation adjustments for liquidity and credit risk. See Note 15, “Derivative Financial Instruments,” for additional information on the Company's derivative instruments.

The Company's derivative instruments classified as level 3 include IRLCs that satisfy the criteria to be treated as derivative financial instruments. The fair value of IRLCs on LHFS, while based on interest rates observable in the market, is highly dependent on the ultimate closing of the loans. These “pull-through” rates are based on the Company’s historical data and reflect the Company’s best estimate of the likelihood that a commitment will result in a closed loan. As pull-through rates increase, the fair value of IRLCs also increases. Servicing value is included in the fair value of IRLCs, and the fair value of servicing is determined by projecting cash flows, which are then discounted to estimate an expected fair value. The fair value of servicing is impacted by a variety of factors, including prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs, and underlying portfolio characteristics. Because these inputs are not transparent in market trades, IRLCs are considered to be level 3 assets. During the three months ended March 31, 2018 and 2017, the Company transferred $6 million of net IRLC liabilities and $36 million of net IRLC assets out of level 3 as the associated loans were closed.

Trading Loans

The Company engages in certain businesses whereby electing to measure loans at fair value for financial reporting aligns with the underlying business purpose. Specifically, loans included within this classification include trading loans that are (i) made or acquired in connection with the Company’s TRS business, (ii) part of the loan sales and trading business within the Company’s Wholesale segment, or (iii) backed by the SBA. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," and Note 15, “Derivative Financial Instruments,” for further discussion of this business. All of these loans are classified as level 2 due to the nature of market data that the Company uses to estimate fair value.

The loans made in connection with the Company’s TRS business are short-term, senior demand loans supported by a pledge agreement granting first priority security interest to the Bank in all the assets held by the borrower, a VIE with assets comprised primarily of corporate loans. While these TRS-related loans do not trade in the market, the Company believes that the par amount of the loans approximates fair value and no unobservable assumptions are used by the Company to value these loans. At both March 31, 2018 and December 31, 2017, the Company had $1.7 billion and of these short-term loans outstanding, measured at fair value.

The loans from the Company’s sales and trading business are commercial and corporate leveraged loans that are either traded in the market or for which similar loans trade. The Company elected to measure these loans at fair value since they are actively traded. For both of the three months ended March 31, 2018 and 2017, the Company recognized an immaterial amount of gains/(losses) in the Consolidated Statements of

Income due to changes in fair value attributable to instrument-specific credit risk. The Company is able to obtain fair value estimates for substantially all of these loans through a third party valuation service that is broadly used by market participants. While most of the loans are traded in the market, the Company does not believe that trading activity qualifies the loans as level 1 instruments, as the volume and level of trading activity is subject to variability and the loans are not exchange-traded. At March 31, 2018 and December 31, 2017, $74 million and $48 million, respectively, of loans related to the Company’s trading business were held in inventory.

SBA loans are similar to SBA securities discussed herein under “Federal agency securities,” except for their legal form. In both cases, the Company trades instruments that are fully guaranteed by the U.S. government as to contractual principal and interest and there is sufficient observable trading activity upon which to base the estimate of fair value. As these SBA loans are fully guaranteed, the changes in fair value are attributable to factors other than instrument-specific credit risk. At March 31, 2018 and December 31, 2017, the Company held $448 million and $368 million of SBA loans in inventory, respectively.

Loans Held for Sale and Loans Held for Investment

Residential Mortgage LHFS

The Company values certain newly-originated residential mortgage LHFS at fair value based upon defined product criteria. The Company chooses to fair value these residential mortgage LHFS to eliminate the complexities and inherent difficulties of achieving hedge accounting and to better align reported results with the underlying economic changes in value of the loans and related hedge instruments. Any origination fees are recognized within Mortgage production related income in the Consolidated Statements of Income when earned at the time of closing. The servicing value is included in the fair value of the loan and is initially recognized at the time the Company enters into IRLCs with borrowers. The Company employs derivative instruments to economically hedge changes in interest rates and the related impact on servicing value in the fair value of the loan. The mark-to-market adjustments related to LHFS and the associated economic hedges are captured in Mortgage production related income.

LHFS classified as level 2 are primarily agency loans which trade in active secondary markets and are priced using current market pricing for similar securities, adjusted for servicing, interest rate risk, and credit risk. Non-agency residential mortgage LHFS are also included in level 2.

For residential mortgages that the Company has elected to measure at fair value, the Company recognized an immaterial amount of gains/(losses) in the Consolidated Statements of Income due to changes in fair value attributable to borrower-specific credit risk for both of the three months ended March 31, 2018 and 2017. In addition to borrower-specific credit risk, there are other more significant variables that drive changes in the fair values of the loans, including interest rates and general market conditions.

Commercial Mortgage LHFS

The Company values certain commercial mortgage LHFS at fair value based upon observable current market prices for similar

53

Notes to Consolidated Financial Statements (Unaudited), continued

loans. These loans are generally transferred to agencies within 90 days of origination. The Company had commitments from agencies to purchase these loans at March 31, 2018 and December 31, 2017; therefore, they are classified as level 2. Origination fees are recognized within Commercial real estate related income in the Consolidated Statements of Income when earned at the time of closing. To mitigate the effect of interest rate risk inherent in entering into IRLCs with borrowers, the Company enters into forward contracts with investors at the same time that it enters into IRLCs with borrowers. The mark-to-market adjustments related to commercial mortgage LHFS, IRLCs, and forward contracts are recognized in Commercial real estate related income. For commercial mortgages that the Company has elected to measure at fair value, the Company recognized no gains/(losses) in the Consolidated Statements of Income due to changes in fair value attributable to borrower-specific credit risk for both of the three months ended March 31, 2018 and 2017.

LHFI

LHFI classified as level 3 includes predominantly mortgage loans that are not marketable, largely due to the identification of loan defects. The Company chooses to measure these mortgage LHFI at fair value to better align reported results with the underlying economic changes in value of the loans and any related hedging instruments. The Company values these loans using a discounted cash flow approach based on assumptions that are generally not observable in current markets, such as prepayment speeds, default rates, loss severity rates, and discount rates. Level 3 LHFI also includes mortgage loans that are valued using collateral based pricing. Changes in the applicable housing price index since the time of the loan origination are considered and applied to the loan's collateral value. An additional discount representing the return that a buyer would require is also considered in the overall fair value.

Residential Mortgage Servicing Rights

The Company records residential MSR assets at fair value using a discounted cash flow approach. The fair values of residential MSRs are impacted by a variety of factors, including prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs, and underlying portfolio characteristics. The underlying assumptions and estimated values are corroborated by values received from independent third parties based on their review of the servicing portfolio, and comparisons to market transactions. Because these inputs are not transparent in market trades, residential MSRs are classified as level 3 assets. For additional information see Note 8, "Goodwill and Other Intangible Assets."

Other

The Company estimates the fair value of its mutual fund investments and other equity securities with readily determinable fair values based on quoted prices observed in active markets; therefore, these investments are classified as level 1.

Liabilities

Trading Liabilities and Derivative Instruments

Trading liabilities are comprised primarily of derivative contracts, including IRLCs that satisfy the criteria to be treated as derivative financial instruments, as well as various contracts (primarily U.S. Treasury securities, corporate and other debt securities) that the Company uses in certain of its trading businesses. The Company's valuation methodologies for these derivative contracts and securities are consistent with those discussed within the corresponding sections herein under “Trading Assets and Derivative Instruments and Securities Available for Sale.”

During the second quarter of 2009, in connection with its sale of VisaClass B shares, the Company entered into a derivative contract whereby the ultimate cash payments received or paid, if any, under the contract are based on the ultimate resolution of the Litigation involving Visa. The fair value of the derivative is estimated based on the Company’s expectations regarding the ultimate resolution of that Litigation. The significant unobservable inputs used in the fair value measurement of the derivative involve a high degree of judgment and subjectivity; accordingly, the derivative liability is classified as level 3. See Note 14, "Guarantees," for a discussion of the valuation assumptions.

Brokered Time Deposits

The Company has elected to measure certain CDs that contain embedded derivatives at fair value. This fair value election better aligns the economics of the CDs with the Company’s risk management strategies. The Company evaluated, on an instrument by instrument basis, whether a new issuance would be measured at fair value.

The Company has classified CDs measured at fair value as level 2 instruments due to the Company's ability to reasonably measure all significant inputs based on observable market variables. The Company employs a discounted cash flow approach based on observable market interest rates for the term of the CD and an estimate of the Bank's credit risk. For any embedded derivative features, the Company uses the same valuation methodologies as if the derivative were a standalone derivative, as discussed herein under "Derivative instruments."

Long-term Debt

The Company has elected to measure at fair value certain fixed rate issuances of public debt that are valued by obtaining price indications from a third party pricing service and utilizing broker quotes to corroborate the reasonableness of those marks. Additionally, information from market data of recent observable trades and indications from buy side investors, if available, are taken into consideration as additional support for the value. Due to the availability of this information, the Company determined that the appropriate classification for these debt issuances is level 2. The Company utilizes derivative instruments to convert interest rates on its fixed rate debt to floating rates. The Company elected to measure certain fixed rate debt issuances at fair value to align the accounting for the debt with the accounting for offsetting derivative positions, without having to apply complex hedge accounting.

54

Notes to Consolidated Financial Statements (Unaudited), continued

The valuation technique and range, including weighted average, of the unobservable inputs associated with the Company's level 3 assets and liabilities are as follows:

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value March 31, 2018		Valuation Technique	Unobservable Input	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 1		$1	Internal model	Pull through rate	36-100% (79%)
				MSR value	41-190 bps (120 bps)
LHFI	183		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (181 bps)
				Conditional prepayment rate	7-24 CPR (13 CPR)
				Conditional default rate	0-2 CDR (0.7 CDR)
	5		Collateral based pricing	Appraised value	NM 2
Residential MSRs	1,916		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-33 CPR (13 CPR)
				Option adjusted spread	0-116% (4%)

¹ Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

² Not meaningful.

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value December 31, 2017		Valuation Technique	Unobservable Input 1	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 2		$—	Internal model	Pull through rate	41-100% (81%)
				MSR value	41-190 bps (113 bps)
Securities AFS:
MBS - non-agency residential	59		Third party pricing	N/A
ABS	8		Third party pricing	N/A
Corporate and other debt securities	5		Cost	N/A
LHFI	192		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (215 bps)
				Conditional prepayment rate	2-34 CPR (11 CPR)
				Conditional default rate	0-5 CDR (0.7 CDR)
	4		Collateral based pricing	Appraised value	NM 3
Residential MSRs	1,710		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-30 CPR (13 CPR)
				Option adjusted spread	1-125% (4%)

¹ For certain assets and liabilities where the Company utilizes third party pricing, the unobservable inputs and their ranges are not reasonably available, and therefore, have been noted as not applicable ("N/A").

² Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

³ Not meaningful.

55

Notes to Consolidated Financial Statements (Unaudited), continued

The following tables present a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (other than servicing rights which are disclosed in Note 8, “Goodwill and Other Intangible Assets”). Transfers into and out of the fair value hierarchy levels are assumed to occur at the end

of the period in which the transfer occurred. None of the transfers into or out of level 3 have been the result of using alternative valuation approaches to estimate fair values. There were no transfers between level 1 and 2 during the three months ended March 31, 2018 and 2017.

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2018		Included in Earnings				OCI		Purchases		Sales		Settlements			Transfers to/from Other Balance Sheet Line Items		Transfers into Level 3		Transfers out of Level 3			Fair Value March 31, 2018		Included in Earnings (held at March 31, 2018 1)
Assets
Trading assets:
Derivative instruments, net		$—		($6	)	2		$—		$—		$—		$1			$6		$—		$—			$1		$16		2
Securities AFS:
MBS - non-agency residential	59		—				—		—		—		(2		)	—		—		(57		)	—		—
ABS	8		—				—		—		—		(1		)	—		—		(7		)	—		—
Corporate and other debt securities	5		—				—		—		—		—			—		—		(5		)	—		—
Total securities AFS	72		—				—		—		—		(3		)	—		—		(69		)	—		—
LHFI	196		(2		)	3	—		—		—		(7		)	—		1		—			188		(3		)	3

¹ Change in unrealized gains/(losses) included in earnings during the period related to financial assets still held at March 31, 2018.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income, amount related to commercial IRLCs is recognized in Commercial real estate related income, and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts are generally included in Mortgage production related income; however, the mark on certain fair value loans is included in Other noninterest income.

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2017		Included in Earnings			OCI				Purchases		Sales			Settlements			Transfers to/from Other Balance Sheet Line Items			Transfers into Level 3		Transfers out of Level 3		Fair Value March 31, 2017		Included in Earnings (held at March 31, 2017 1)
Assets
Trading assets:
Derivative instruments, net		$6		$48	2		$—				$—		$—			($1	)		($36	)		$—		$—		$17		$30	2
Securities AFS:
U.S. states and political subdivisions	4		—			—				—		—			—			—			—		—		4		—
MBS - non-agency residential	74		—			(1		)	3	—		—			(2		)	—			—		—		71		—
ABS	10		—			—			—	—		—			(1		)	—			—		—		9		—
Corporate and other debt securities	5		—			—				—		—			—			—			—		—		5		—
Total securities AFS	93		—			(1		)	3	—		—			(3		)	—			—		—		89		—
Residential LHFS	12		—			—				—		(14		)	—			(2		)	10		—		6		—
LHFI	222		—			—				—		—			(6		)	1			4		—		221		—

¹ Change in unrealized gains included in earnings during the period related to financial assets still held at March 31, 2017.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts recognized in OCI are included in change in net unrealized losses on securities AFS, net of tax.

56

Notes to Consolidated Financial Statements (Unaudited), continued

Non-recurring Fair Value Measurements

The following tables present gains and losses recognized on assets still held at period end, and measured at fair value on a non-recurring basis, for the three months ended March 31, 2018 and the year ended December 31, 2017. Adjustments to fair value generally result from the application of LOCOM, or the

measurement alternative, or through write-downs of individual assets. The tables do not reflect changes in fair value attributable to economic hedges the Company may have used to mitigate interest rate risk associated with LHFS.

			Fair Value Measurements						(Losses)/Gains for the Three Months Ended March 31, 2018
(Dollars in millions)	March 31, 2018		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	48		—		—		48		—
OREO	23		—		—		23		(2		)
Other assets	41		—		31		10		15
			Fair Value Measurements						Losses for the Year Ended December 31, 2017
(Dollars in millions)	December 31, 2017		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	49		—		—		49		—
OREO	24		—		1		23		(4		)
Other assets	53		—		4		49		(43		)

Discussed below are the valuation techniques and inputs used in estimating fair values for assets measured at fair value on a non-recurring basis and classified as level 2 and/or 3.

Loans Held for Sale

At March 31, 2018 and December 31, 2017, LHFS classified as level 2 consisted of commercial loans that were valued using market prices and measured at LOCOM. There were no gains/(losses) recognized in earnings during the three months ended March 31, 2018 or during the year ended December 31, 2017 as the charge-offs related to these loans are a component of the ALLL.

Loans Held for Investment

At March 31, 2018 and December 31, 2017, LHFI classified as level 3 consisted primarily of consumer loans discharged in Chapter 7 bankruptcy that had not been reaffirmed by the borrower, as well as nonperforming CRE loans for which specific reserves had been recognized. Cash proceeds from the sale of the underlying collateral is the expected source of repayment for a majority of these loans. Accordingly, the fair value of these loans is derived from the estimated fair value of the underlying collateral, incorporating market data if available. Due to the lack of market data for similar assets, all of these loans are classified as level 3. There were no gains/(losses) recognized during the three months ended March 31, 2018 or during the year ended December 31, 2017, as the charge-offs related to these loans are a component of the ALLL.

OREO

OREO is measured at the lower of cost or fair value less costs to sell. Level 2 OREO consists primarily of residential homes, commercial properties, and vacant lots and land for which binding purchase agreements exist. Level 3 OREO consists primarily of residential homes, commercial properties, and vacant lots and land for which initial valuations are based on property-specific appraisals, broker pricing opinions, or other

limited, highly subjective market information. Updated value estimates are received regularly for level 3 OREO.

Other Assets

Other assets consists of equity investments, other repossessed assets, assets under operating leases where the Company is the lessor, branch properties, land held for sale, and software.

Pursuant to the adoption of ASU 2016-01 on January 1, 2018, the Company elected the measurement alternative for measuring certain equity securities without readily determinable fair values, which are adjusted based on any observable price changes in orderly transactions. These equity securities are classified as level 2 based on the valuation methodology and associated inputs. During the three months ended March 31, 2018, the Company recognized a remeasurement gain of $23 million on these equity securities.

Prior to the adoption of ASU 2016-01, equity investments were evaluated for potential impairment based on the expected remaining cash flows to be received from these assets discounted at a market rate that is commensurate with the expected risk, considering relevant company-specific valuation multiples, where applicable. Based on the valuation methodology and associated unobservable inputs, these investments are classified as level 3. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges on its equity investments.

Other repossessed assets comprises repossessed personal property that is measured at fair value less cost to sell. These assets are classified as level 3 as their fair value is determined based on a variety of subjective, unobservable factors. There were no losses recognized in earnings by the Company on other repossessed assets during the three months ended March 31, 2018 or during the year ended December 31, 2017, as the

57

Notes to Consolidated Financial Statements (Unaudited), continued

impairment charges on repossessed personal property were a component of the ALLL.

The Company monitors the fair value of assets under operating leases where the Company is the lessor and recognizes impairment on the leased asset to the extent the carrying value is not recoverable and is greater than its fair value. Fair value is determined using collateral specific pricing digests, external appraisals, broker opinions, recent sales data from industry equipment dealers, and the discounted cash flows derived from the underlying lease agreement. As market data for similar assets and lease arrangements is available and used in the valuation, these assets are considered level 2. No impairment charges were recognized during the three months ended March 31, 2018 attributable to changes in the fair value of various personal property under operating leases. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges attributable to changes in the fair value of various personal property under operating leases.

Branch properties are classified as level 3, as their fair value is based on market comparables and broker opinions. The

Company recognized no impairment on branch properties during the three months ended March 31, 2018. During the year ended December 31, 2017, the Company recognized impairment charges of $10 million on branch properties.

Land held for sale is recorded at the lesser of carrying value or fair value less cost to sell, and is considered level 3 as its fair value is determined based on market comparables and broker opinions. The Company recognized no impairment charges on land held for sale during the three months ended March 31, 2018. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges on land held for sale.

Software consisted primarily of external software licenses and internally developed software that were impaired and for which fair value was determined using a level 3 measurement. This resulted in impairment charges of $8 million during the three months ended March 31, 2018 and $28 million during the year ended December 31, 2017.

Fair Value of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments are as follows:

			March 31, 2018				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$7,304		$7,304		$7,304		$—		$—
Trading assets and derivative instruments	Fair value		5,112		5,112		485		4,610		17
Securities AFS	Fair value		30,934		30,934		4,340		26,594		—
LHFS	Fair value	1	2,377		2,389		—		2,348		41
LHFI, net	Amortized cost	2	140,924		141,174		—		—		141,174
Other	Amortized cost	3	561		561		143		—		418
Financial liabilities:
Time deposits	Amortized cost		13,715		13,478		—		13,478		—
Short-term borrowings	Amortized cost		3,572		3,572		—		3,572		—
Long-term debt	Amortized cost	2	10,692		10,743		—		9,631		1,112
Trading liabilities and derivative instruments	Fair value		1,737		1,737		841		880		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with readily determinable fair values, which are measured at fair value on a recurring basis.

58

Notes to Consolidated Financial Statements (Unaudited), continued

			December 31, 2017				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$6,912		$6,912		$6,912		$—		$—
Trading assets and derivative instruments	Fair value		5,093		5,093		608		4,469		16
Securities AFS	Fair value		30,947		30,947		4,331		26,544		72
LHFS	Fair value	1	2,290		2,293		—		2,239		54
LHFI, net	Amortized cost	2	141,446		141,575		—		—		141,575
Other	Amortized cost	3	474		474		56		—		418
Financial liabilities:
Time deposits	Amortized cost		12,076		11,906		—		11,906		—
Short-term borrowings	Amortized cost		4,781		4,781		—		4,781		—
Long-term debt	Amortized cost	2	9,785		9,892		—		8,834		1,058
Trading liabilities and derivative instruments	Fair value		1,283		1,283		769		498		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with determinable fair values, which are measured at fair value on a recurring basis.

Unfunded loan commitments and letters of credit are not included in the table above. At March 31, 2018 and December 31, 2017, the Company had $68.3 billion and $66.4 billion, respectively, of unfunded commercial loan commitments and letters of credit. A reasonable estimate of the fair value of these instruments is the carrying value of deferred fees plus the related unfunded commitments reserve, which was a combined $73

million and $84 million at March 31, 2018 and December 31, 2017, respectively. No active trading market exists for these instruments, and the estimated fair value does not include value associated with the borrower relationship. The Company does not estimate the fair values of consumer unfunded lending commitments which can generally be canceled by providing notice to the borrower.

59

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 17 – CONTINGENCIES

Litigation and Regulatory Matters

In the ordinary course of business, the Company and its subsidiaries are parties to numerous civil claims and lawsuits and subject to regulatory examinations, investigations, and requests for information. Some of these matters involve claims for substantial amounts. The Company’s experience has shown that the damages alleged by plaintiffs or claimants are often overstated, based on unsubstantiated legal theories, unsupported by facts, and/or bear no relation to the ultimate award that a court might grant. Additionally, the outcome of litigation and regulatory matters and the timing of ultimate resolution are inherently difficult to predict. These factors make it difficult for the Company to provide a meaningful estimate of the range of reasonably possible outcomes of claims in the aggregate or by individual claim. However, on a case-by-case basis, reserves are established for those legal claims in which it is probable that a loss will be incurred and the amount of such loss can be reasonably estimated. The Company's financial statements at March 31, 2018 reflect the Company's current best estimate of probable losses associated with these matters, including costs to comply with various settlement agreements, where applicable. The actual costs of resolving these claims may be substantially higher or lower than the amounts reserved.

For a limited number of legal matters in which the Company is involved, the Company is able to estimate a range of reasonably possible losses in excess of related reserves, if any. Management currently estimates these losses to range from $0 to approximately $160 million. This estimated range of reasonably possible losses represents the estimated possible losses over the life of such legal matters, which may span a currently indeterminable number of years, and is based on information available at March 31, 2018. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from this estimate. Those matters for which an estimate is not possible are not included within this estimated range; therefore, this estimated range does not represent the Company’s maximum loss exposure. Based on current knowledge, it is the opinion of management that liabilities arising from legal claims in excess of the amounts currently reserved, if any, will not have a material impact on the Company’s financial condition, results of operations, or cash flows. However, in light of the significant uncertainties involved in these matters and the large or indeterminate damages sought in some of these matters, an adverse outcome in one or more of these matters could be material to the Company’s financial condition, results of operations, or cash flows for any given reporting period.

The following is a description of certain litigation and regulatory matters:

Card Association Antitrust Litigation

The Company is a defendant, along with Visa and MasterCard, as well as several other banks, in several antitrust lawsuits challenging their practices. For a discussion regarding the Company’s involvement in this litigation matter, see Note 14, “Guarantees.”

Bickerstaff v. SunTrust Bank

This case was filed in the Fulton County State Court on July 12, 2010, and an amended complaint was filed on August 9, 2010. Plaintiff asserts that all overdraft fees charged to his account which related to debit card and ATM transactions are actually interest charges and therefore subject to the usury laws of Georgia. Plaintiff has brought claims for violations of civil and criminal usury laws, conversion, and money had and received, and purports to bring the action on behalf of all Georgia citizens who incurred such overdraft fees within the four years before the complaint was filed where the overdraft fee resulted in an interest rate being charged in excess of the usury rate. On April 8, 2013, the plaintiff filed a motion for class certification and that motion was denied but the ruling was later reversed and remanded by the Georgia Supreme Court. On October 6, 2017, the trial court granted plaintiff's motion for class certification and the Bank filed an appeal of the decision on November 3, 2017.

ERISA Class Actions

Company Stock Class Action

Beginning in July 2008, the Company and certain officers, directors, and employees of the Company were named in a class action alleging that they breached their fiduciary duties under ERISA by offering the Company's common stock as an investment option in the SunTrust Banks, Inc. 401(k) Plan (the “Plan”). The plaintiffs sought to represent all current and former Plan participants who held the Company stock in their Plan accounts from May 15, 2007 to March 30, 2011 and seek to recover alleged losses these participants supposedly incurred as a result of their investment in Company stock.

This case was originally filed in the U.S. District Court for the Southern District of Florida but was transferred to the U.S. District Court for the Northern District of Georgia, Atlanta Division (the “District Court”), in November 2008. Since the filing of the case, various amended pleadings, motions, and appeals were made by the parties that ultimately resulted in the District Court granting a motion for summary judgment for certain non-fiduciary defendants and granting certain of the plaintiffs' motion for class certification. The class is defined as "All persons, other than Defendants and members of their immediate families, who were participants in or beneficiaries of the SunTrust Banks, Inc. 401(k) Savings Plan (the "Plan") at any time between May 15, 2007 and March 30, 2011, inclusive (the "Class Period") and whose accounts included investments in SunTrust common stock ("SunTrust Stock") during that time period and who sustained a loss to their account as a result of the investment in SunTrust Stock." The parties agreed to a settlement wherein the Company would pay approximately $5 million to a settlement fund in addition to other non-monetary reliefs. On March 12, 2018, the District Court preliminarily approved the settlement. The Company awaits the District Court's final approval of the settlement.

Mutual Funds Class Actions

On March 11, 2011, the Company and certain officers, directors, and employees of the Company were named in a putative class action alleging that they breached their fiduciary duties under

60

Notes to Consolidated Financial Statements (Unaudited), continued

ERISA by offering certain STI Classic Mutual Funds as investment options in the Plan. The plaintiffs purport to represent all current and former Plan participants who held the STI Classic Mutual Funds in their Plan accounts from April 2002 through December 2010 and seek to recover alleged losses these Plan participants supposedly incurred as a result of their investment in the STI Classic Mutual Funds. This action is pending in the U.S. District Court for the Northern District of Georgia, Atlanta Division (the “District Court”). Subsequently, plaintiffs' counsel initiated a substantially similar lawsuit against the Company naming two new plaintiffs. On June 27, 2014, Brown, et al. v. SunTrust Banks, Inc., et al., another putative class action alleging breach of fiduciary duties associated with the inclusion of STI Classic Mutual Funds as investment options in the Plan,was filed in the U.S. District Court for the District of Columbia but then was transferred to the District Court.

After various appeals, the cases were remanded to the District Court. On March 25, 2016, a consolidated amended complaint was filed, consolidating all of these pending actions into one case. The Company filed an answer to the consolidated amended complaint on June 6, 2016. Subsequent to the closing of fact discovery, plaintiffs filed their second amended consolidated complaint on December 19, 2017 which among other things named five new defendants. On January 2, 2018, defendants filed their answer to the second amended consolidated complaint. Defendants' motion for Partial Summary Judgment was filed on January 12, 2018, and on January 16, 2018 the plaintiffs filed for motion for class certification.

Intellectual Ventures II v. SunTrust Banks, Inc. and SunTrust Bank

This action was filed in the U.S. District Court for the Northern District of Georgia on July 24, 2013. Plaintiff alleged that SunTrust violates five patents held by plaintiff in connection with SunTrust’s provision of online banking services and other systems and services. Plaintiff seeks damages for alleged patent infringement of an unspecified amount, as well as attorney’s fees and expenses. The matter was stayed on October 7, 2014 pending inter partes reviews of a number of the claims asserted against SunTrust. After completion of those reviews, plaintiff dismissed its claims regarding four of the five patents on August 1, 2017.

United States Mortgage Servicing Settlement

In the second quarter of 2014, STM and the U.S., through the DOJ, HUD, and Attorneys General for several states, reached a final settlement agreement related to the National Mortgage Servicing Settlement. The settlement agreement became effective on September 30, 2014 when the court entered the Consent Judgment. Pursuant to the settlements, STM made $50 million in cash payments, provided $500 million of consumer relief, and implemented certain mortgage servicing standards. In an August 10, 2017 report, the independent Office of Mortgage Settlement Oversight ("OMSO"), appointed to review and certify compliance with the provisions of the settlement, confirmed that STM fulfilled its consumer relief commitments of the settlement. STM's mortgage servicing standard obligations

concluded on March 31, 2018. Testing of the final compliance period results by an internal review group, and semi-annually by the OMSO, is ongoing.

United States Attorney’s Office for the Southern District of New York Foreclosure Expense Investigation

In April 2013, STM began cooperating with the United States Attorney's Office for the Southern District of New York (the "Southern District") in a broad-based industry investigation regarding claims for foreclosure-related expenses charged by law firms in connection with the foreclosure of loans guaranteed or insured by Fannie Mae, Freddie Mac, or FHA. The investigation relates to a private litigant qui tam lawsuit. On March 27, 2018, the United States Attorney's Office filed notice with the Southern District that it did not intend to intervene in the matter as to STM, and, on the same date, the qui tam matter was unsealed. On April 3, 2018, the private litigant filed an amended complaint alleging violations of the False Claims Act by various servicers, including STM.

LR Trust v. SunTrust Banks, Inc., et al.

In November 2016, the Company and certain officers and directors were named as defendants in a shareholder derivative action alleging that defendants failed to take action related to activities at issue in the National Mortgage Servicing, HAMP, and FHA Originations settlements, and certain other legal matters or to ensure that the alleged activities in each were remedied and otherwise appropriately addressed. Plaintiff sought an award in favor of the Company for the amount of damages sustained by the Company, disgorgement of alleged benefits obtained by defendants, and enhancements to corporate governance and internal controls. On September 18, 2017, the court dismissed this matter and on October 16, 2017, plaintiff filed an appeal.

Millennium Lender Claim Trust v. STRH and SunTrust Bank, et al.

In August 2017, the Trustee of the Millennium Lender Claim Trust filed a suit in the New York State Court against STRH, SunTrust Bank, and other lenders of the $1.775 B Millennium Health LLC f/k/a Millennium Laboratories LLC (“Millennium”) syndicated loan. The Trustee alleges that the loan was actually a security and that defendants misrepresented or omitted to state material facts in the offering materials and communications provided concerning the legality of Millennium's sales, marketing, and billing practices and the known risks posed by a pending government investigation into the illegality of such practices. The Trustee brings claims for violation of the California Corporate Securities Law, the Massachusetts Uniform Securities Act, the Colorado Securities Act, and the Illinois Securities Law, as well as negligent misrepresentation and seeks rescission of sales of securities as well as unspecified rescissory damages, compensatory damages, punitive damages, interest, and attorneys' fees and costs. The defendants have removed the case to the U.S. District Court for the Southern District of New York and the Trustee has moved to remand the case back to state court.

61

Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 18 - BUSINESS SEGMENT REPORTING

The Company operates and measures business activity across two segments: Consumer and Wholesale, with functional activities included in Corporate Other. The Company's business segment structure is based on the manner in which financial information is evaluated by management as well as the products and services provided or the type of client served. The following is a description of the segments and their primary businesses at March 31, 2018.

The Consumer segment is made up of four primary businesses:

• Consumer Banking provides services to individual consumers and branch-managed small business clients through an extensive network of traditional and in-store branches, ATMs, the internet (www.suntrust.com), mobile banking, and by telephone (1-800-SUNTRUST). Financial products and services offered to consumers and small business clients include deposits and payments, loans, and various fee-based services. Consumer Banking also serves as an entry point for clients and provides services for other businesses.

• Consumer Lending offers an array of lending products to individual consumers and small business clients via the Company's Consumer Banking and PWM businesses, through the internet (www.suntrust.com and www.lightstream.com), as well as through various national offices and partnerships. Products offered include home equity lines, personal credit lines and loans, direct auto, indirect auto, student lending, credit cards, and other lending products.

• PWM provides a full array of wealth management products and professional services to individual consumers and institutional clients, including loans, deposits, brokerage, professional investment advisory, and trust services to clients seeking active management of their financial resources. Institutional clients are served by the Institutional Investment Solutions business. Discount/online and full-service brokerage products are offered to individual clients through STIS. Investment advisory products and services are offered to clients by STAS, an SEC registered investment advisor. PWM also includes GFO, which provides family office solutions to clients and their families to help them manage and sustain wealth across multiple generations, including family meeting facilitation, consolidated reporting, expense management, specialty asset management, and business transition advice, as well as other wealth management disciplines.

• Mortgage Banking offers residential mortgage products nationally through its retail and correspondent channels, the internet (www.suntrust.com), and by telephone (1-800-SUNTRUST). These products are either sold in the secondary market, primarily with servicing rights retained, or held in the Company’s loan portfolio. Mortgage Banking also services loans for other investors, in addition to loans held in the Company’s loan portfolio.

◦ The Company plans to merge its STM and Bank entities in the third quarter of 2018. The Company has received conditional regulatory approval for the merger, which

is subject to final approval from the appropriate regulatory authorities once certain merger transaction documents have been executed. These entities are both part of the Company's Consumer business segment, and the merged entity would remain within Consumer. Subsequent to the merger, it is anticipated that STM will conduct operations under the Bank’s name and charter. The planned merger resulted in an increase in the Company’s valuation allowance recorded for STM's state carryforwards in the first quarter of 2018, as described in Note 12, “Income Taxes.” The Company is continuing to evaluate the anticipated impacts of the merger; however, no additional material impacts are currently expected.

The Wholesale segment is made up of three primary businesses and the Treasury & Payment Solutions product group:

• CIB delivers comprehensive capital markets solutions, including advisory, capital raising, and financial risk management, with the goal of serving the needs of both public and private companies in the Wholesale segment and PWM business. Investment Banking and Corporate Banking teams within CIB serve clients across the nation, offering a full suite of traditional banking and investment banking products and services to companies with annual revenues typically greater than $150 million. Investment Banking serves select industry segments including consumer and retail, energy, technology, financial services, healthcare, industrials, and media and communications. Corporate Banking serves clients across diversified industry sectors based on size, complexity, and frequency of capital markets issuance. Also managed within CIB is the Equipment Finance Group, which provides lease financing solutions (through SunTrust Equipment Finance & Leasing).

• Commercial & Business Banking offers an array of traditional banking products, including lending, cash management and investment banking solutions via STRH to commercial clients (generally clients with revenues between $1 million and $250 million), not-for-profit organizations, and governmental entities, as well as auto dealer financing (floor plan inventory financing).

• Commercial Real Estate provides a full range of financial solutions for commercial real estate developers, owners, and operators, including construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions via STRH. Commercial Real Estate also provides multi-family agency lending and servicing, as well as loan administration, advisory, and commercial mortgage brokerage services via Pillar. The Institutional Property Group business targets relationships with REITs, pension fund advisors, private funds, homebuilders, and insurance companies and the Regional business focuses on private real estate owners and developers through a regional delivery structure. Commercial Real Estate also offers tailored financing and equity investment solutions for community development and affordable housing projects through STCC, with

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Notes to Consolidated Financial Statements (Unaudited), continued

particular expertise in Low Income Housing Tax Credits and New Market Tax Credits.

• Treasury & Payment Solutions provides Wholesale clients with services required to manage their payments and receipts, combined with the ability to manage and optimize their deposits across all aspects of their business. Treasury & Payment Solutions operates all electronic and paper payment types, including card, wire transfer, ACH, check, and cash. It also provides clients the means to manage their accounts electronically online, both domestically and internationally.

Corporate Other includes management of the Company’s investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. Corporate Other also includes the Company's functional activities such as marketing, SunTrust online, human resources, finance, ER, legal and compliance, communications, procurement, enterprise information services, corporate real estate, and executive management. Additionally, the results of PAC were reported previously in the Wholesale segment and were reclassified to Corporate Other for enhanced comparability of the Wholesale segment results excluding PAC. See Note 2, "Acquisitions/Dispositions," to the Company's 2017 Annual Report on Form 10-K for additional information related to the sale of PAC in December 2017.

Because business segment results are presented based on management accounting practices, the transition to the consolidated results prepared under U.S. GAAP creates certain differences, which are reflected in reconciling items. Business segment reporting conventions are described below:

• Net interest income-FTE – is reconciled from Net interest income and is grossed-up on an FTE basis to make income from tax-exempt assets comparable to other taxable products. Segment results reflect matched maturity funds transfer pricing, which ascribes credits or charges based on the economic value or cost created by assets and liabilities of each segment. Differences between these credits and charges are captured as reconciling items. The change in this

variance is generally attributable to corporate balance sheet management strategies.

• Provision for credit losses – represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to each segment's quarterly change in the ALLL and unfunded commitments reserve balances.

• Noninterest income – includes federal and state tax credits that are grossed-up on a pre-tax equivalent basis, related primarily to certain community development investments.

• Provision for income taxes-FTE – is calculated using a blended income tax rate for each segment and includes reversals of the tax adjustments and credits described above. The difference between the calculated provision for income taxes at the segment level and the consolidated provision for income taxes is reported as reconciling items.

The segment’s financial performance is comprised of direct financial results and allocations for various corporate functions that provide management an enhanced view of the segment’s financial performance. Internal allocations include the following:

• Operational costs – expenses are charged to segments based on an activity-based costing process, which also allocates residual expenses to the segments. Generally, recoveries of these costs are reported in Corporate Other.

• Support and overhead costs – expenses not directly attributable to a specific segment are allocated based on various drivers (number of equivalent employees, number of PCs/laptops, net revenue, etc.). Recoveries for these allocations are reported in Corporate Other.

The application and development of management reporting methodologies is an active process and undergoes periodic enhancements. The implementation of these enhancements to the internal management reporting methodology may materially affect the results disclosed for each segment, with no impact on consolidated results. If significant changes to management reporting methodologies take place, the impact of these changes is quantified and prior period information is revised, when practicable.

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Notes to Consolidated Financial Statements (Unaudited), continued

	Three Months Ended March 31, 2018
(Dollars in millions)	Consumer		Wholesale			Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$74,093		$68,741			$90			($4	)		$142,920
Average consumer and commercial deposits	103,099		56,050			204			(184		)	159,169
Average total assets	83,716		82,472			35,489			2,455			204,132
Average total liabilities	103,925		61,902			13,877			(177		)	179,527
Average total equity	—		—			—			24,605			24,605
Statements of Income:
Net interest income		$961		$563			($28	)		($55	)		$1,441
FTE adjustment	—		20			1			(1		)	20
Net interest income-FTE 1	961		583			(27		)	(56		)	1,461
Provision/(benefit) for credit losses 2	60		(32		)	—			—			28
Net interest income after provision/(benefit) for credit losses-FTE	901		615			(27		)	(56		)	1,433
Total noninterest income	443		371			14			(32		)	796
Total noninterest expense	966		477			(21		)	(5		)	1,417
Income before provision for income taxes-FTE	378		509			8			(83		)	812
Provision for income taxes-FTE 3	83		119			9			(44		)	167
Net income including income attributable to noncontrolling interest	295		390			(1		)	(39		)	645
Less: Net income attributable to noncontrolling interest	—		—			2			—			2
Net income		$295		$390			($3	)		($39	)		$643

¹ Presented on a matched maturity funds transfer price basis for the segments.

² Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

³ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

	Three Months Ended March 31, 2017 1, 2
(Dollars in millions)	Consumer		Wholesale		Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$71,147		$71,237		$1,286			$—			$143,670
Average consumer and commercial deposits	101,941		56,866		117			(50		)	158,874
Average total assets	81,265		84,632		35,241			3,114			204,252
Average total liabilities	102,896		62,512		15,196			(23		)	180,581
Average total equity	—		—		—			23,671			23,671
Statements of Income:
Net interest income		$894		$527		$26			($81	)		$1,366
FTE adjustment	—		34		1			(1		)	34
Net interest income-FTE 3	894		561		27			(82		)	1,400
Provision for credit losses 4	88		32		—			(1		)	119
Net interest income after provision for credit losses-FTE	806		529		27			(81		)	1,281
Total noninterest income	464		401		24			(42		)	847
Total noninterest expense	992		479		(2		)	(4		)	1,465
Income before provision for income taxes-FTE	278		451		53			(119		)	663
Provision for income taxes-FTE 5	100		168		(6		)	(69		)	193
Net income including income attributable to noncontrolling interest	178		283		59			(50		)	470
Less: Net income attributable to noncontrolling interest	—		—		2			—			2
Net income		$178		$283		$57			($50	)		$468

¹ Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

² During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

³ Presented on a matched maturity funds transfer price basis for the segments.

⁴ Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

⁵ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

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Notes to Consolidated Financial Statements (Unaudited), continued

NOTE 19 - ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in the components of AOCI, net of tax, are presented in the following table:

(Dollars in millions)	Securities AFS			Derivative Instruments			Brokered Time Deposits			Long-Term Debt			Employee Benefit Plans			Total
Three Months Ended March 31, 2018
Balance, beginning of period		($1	)		($244	)		($1	)		($4	)		($570	)		($820	)
Cumulative effect adjustment related to ASU adoption 1	30			(56		)	—			(1		)	(127		)	(154		)
Net unrealized (losses)/gains arising during the period	(424		)	(125		)	1			2			(5		)	(551		)
Amounts reclassified to net income	(1		)	1			—			—			3			3
Other comprehensive (loss)/income, net of tax	(425		)	(124		)	1			2			(2		)	(548		)
Balance, end of period		($396	)		($424	)		$—			($3	)		($699	)		($1,522	)
Three Months Ended March 31, 2017
Balance, beginning of period		($62	)		($157	)		($1	)		($7	)		($594	)		($821	)
Net unrealized gains/(losses) arising during the period	2			(16		)	—			(1		)	(9		)	(24		)
Amounts reclassified to net income	—			(26		)	—			—			4			(22		)
Other comprehensive income/(loss), net of tax	2			(42		)	—			(1		)	(5		)	(46		)
Balance, end of period		($60	)		($199	)		($1	)		($8	)		($599	)		($867	)

¹ Related to the Company's adoption of ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

Reclassifications from AOCI to Net income, and the related tax effects, are presented in the following table:

(Dollars in millions)	Three Months Ended March 31						Impacted Line Item in the Consolidated Statements of Income
Details About AOCI Components	2018			2017
Securities AFS:
Realized gains on securities AFS		($1	)		$—		Net securities gains
Tax effect	—			—			Provision for income taxes
	(1		)	—
Derivative Instruments:
Realized losses/(gains) on cash flow hedges	1			(41		)	Interest and fees on loans held for investment
Tax effect	—			15			Provision for income taxes
	1			(26		)
Employee Benefit Plans:
Amortization of prior service credit	(2		)	(1		)	Employee benefits
Amortization of actuarial loss	6			6			Employee benefits
	4			5
Tax effect	(1		)	(1		)	Provision for income taxes
	3			4
Total reclassifications from AOCI to net income		$3			($22	)

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Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

Important Cautionary Statement About Forward-Looking Statements

This Quarterly Report contains forward-looking statements. Statements regarding: (i) future levels of net interest margin, tangible efficiency, the net charge-off ratio, the ALLL, hurricane-related losses, capital returns, costs associated with ongoing identity protection services offered to Consumer clients, our capital ratios, share repurchases, and investment banking income; (ii) tangible efficiency ratio goals; (iii) future economic growth and investment and their impact on lending activity; (iv) continued migration towards higher cost deposit products; (v) future interest rates and their effect on deposit products chosen by our customers; (vi) our ability to absorb costs associated with ongoing identity protection services offered to Consumer clients in our normal course of business; (vii) continued increases in capital returns to our shareholders; (viii) plans to merge our STM and Bank entities; (ix) the asset sensitivity of our balance sheet and our exposure to interest rate risk in future periods; (x) the future success of capital markets; (xi) the estimated impact of proposed regulatory capital rules; (xii) future changes in the size and composition of the securities AFS portfolio; (xiii) future impacts of ASUs not yet adopted; (xiv) future impacts of liabilities arising from legal claims; and (xv) future credit ratings and outlook, are forward-looking statements. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believe,” “expect,” “anticipate,” “estimate,” “intend,” “target,” “forecast,” “future,” “strategy,” “goal,” “initiative,” “plan,” “opportunity,” “potentially,” “probably,” “project,” “outlook,” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Such statements are based upon the current beliefs and expectations of management and on information currently available to management. They speak as of the date hereof, and we do not assume any obligation to update the statements made herein or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events.

Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, Item 1A., "Risk Factors" in our 2017 Annual Report on Form 10-K and also include risks discussed in this Quarterly Report and in other periodic reports that we file with the SEC. Such factors include: current and future legislation and regulation could require us to change our business practices, reduce revenue, impose additional costs, or otherwise adversely affect business operations or competitiveness; we are subject to stringent capital adequacy and liquidity requirements and our failure to meet these would adversely affect our financial condition; the monetary and fiscal policies of the federal government and its agencies could have a material adverse effect on our earnings; our financial results have been, and may continue to be, materially affected by general economic

conditions, and a deterioration of economic conditions or of the financial markets may materially adversely affect our lending and other businesses and our financial results and condition; changes in market interest rates or capital markets could adversely affect our revenue and expenses, the value of assets and obligations, and the availability and cost of capital and liquidity; interest rates on our outstanding financial instruments might be subject to change based on regulatory developments, which could adversely affect our revenue, expenses, and the value of those financial instruments; our earnings may be affected by volatility in mortgage production and servicing revenues, and by changes in carrying values of our servicing assets and mortgages held for sale due to changes in interest rates; disruptions in our ability to access global capital markets may adversely affect our capital resources and liquidity; we are subject to credit risk; we may have more credit risk and higher credit losses to the extent that our loans are concentrated by loan type, industry segment, borrower type, or location of the borrower or collateral; we rely on the mortgage secondary market and GSEs for some of our liquidity; loss of customer deposits could increase our funding costs; any reduction in our credit rating could increase the cost of our funding from the capital markets; we are subject to litigation, and our expenses related to this litigation may adversely affect our results; we may incur fines, penalties and other negative consequences from regulatory violations, possibly even inadvertent or unintentional violations; we are subject to certain risks related to originating and selling mortgages, and may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of representations and warranties, or borrower fraud, and this could harm our liquidity, results of operations, and financial condition; we face risks as a servicer of loans; consumers and small businesses may decide not to use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; negative public opinion could damage our reputation and adversely impact business and revenues; we may face more intense scrutiny of our sales, training, and incentive compensation practices; we rely on other companies to provide key components of our business infrastructure; competition in the financial services industry is intense and we could lose business or suffer margin declines as a result; we continually encounter technological change and must effectively develop and implement new technology; maintaining or increasing market share depends on market acceptance and regulatory approval of new products and services; we have in the past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we depend on the expertise of key personnel, and if these individuals leave or change their roles without effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business

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strategies; our framework for managing risks may not be effective in mitigating risk and loss to us; our controls and procedures may not prevent or detect all errors or acts of fraud; we are at risk of increased losses from fraud; our operational and communications systems and infrastructure may fail or may be the subject of a breach or cyber-attack that, if successful, could adversely affect our business and disrupt business continuity; a disruption, breach, or failure in the operational systems and infrastructure of our third party vendors and other service providers, including as a result of cyber-attacks, could adversely affect our business; natural disasters and other catastrophic events could have a material adverse impact on our operations or our financial condition and results; the soundness of other

financial institutions could adversely affect us; we depend on the accuracy and completeness of information about clients and counterparties; our accounting policies and processes are critical to how we report our financial condition and results of operation, and they require management to make estimates about matters that are uncertain; depressed market values for our stock and adverse economic conditions sustained over a period of time may require us to write down all or some portion of our goodwill; our stock price can be volatile; we might not pay dividends on our stock; our ability to receive dividends from our subsidiaries or other investments could affect our liquidity and ability to pay dividends; and certain banking laws and certain provisions of our articles of incorporation may have an anti-takeover effect.

INTRODUCTION

We are a leading provider of financial services, with our headquarters located in Atlanta, Georgia. Our principal subsidiary, SunTrust Bank, offers a full line of financial services for consumers, businesses, corporations, institutions, and not-for-profit entities, both through its branches (located primarily in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia) and through other national delivery channels. In addition to deposit, credit, and trust and investment services offered by the Bank, our other subsidiaries provide capital markets, mortgage banking, securities brokerage, investment banking, and wealth management services. We operate two business segments: Consumer and Wholesale, with functional activities included in Corporate Other. See Note 18, "Business Segment Reporting," to the Consolidated Financial Statements in this Form 10-Q for a description of our business segments.

This MD&A is intended to assist readers in their analysis of the accompanying Consolidated Financial Statements and supplemental financial information. It should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements in Item 1 of this Form 10-Q, as well as other information contained in this document and in our 2017 Annual Report on Form 10-K. When

we refer to “SunTrust,” “the Company,” “we,” “our,” and “us” in this report, we mean SunTrust Banks, Inc. and its consolidated subsidiaries.

In the MD&A, consistent with SEC guidance in Industry Guide 3 that contemplates the calculation of tax exempt income on a tax equivalent basis, we present net interest income, net interest margin, total revenue, and efficiency ratios on an FTE basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments using a federal tax rate of 21% for all periods beginning on or after January 1, 2018 and 35% for all periods prior to January 1, 2018, as well as state income taxes, where applicable, to increase tax-exempt interest income to a taxable-equivalent basis. We believe this measure to be the preferred industry measurement of net interest income and that it enhances comparability of net interest income arising from taxable and tax-exempt sources. Additionally, we present other non-U.S. GAAP metrics to assist investors in understanding management’s view of particular financial measures, as well as to align presentation of these financial measures with peers in the industry who may also provide a similar presentation. Reconcilements for all non-U.S. GAAP measures are provided in Table 19.

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EXECUTIVE OVERVIEW

Financial Performance

We delivered strong year-over-year EPS growth in the first quarter of 2018, resulting from strong asset quality, increased net interest income, improved operating efficiency, and a reduction to the U.S. federal corporate income tax rate. Total revenue for the first quarter of 2018 increased slightly compared to the first quarter of 2017, as higher net interest income was largely offset by lower noninterest income.

Net interest income increased 4% relative to the first quarter of 2017 due to net interest margin expansion. Noninterest income decreased$51 million, or 6%, compared to the first quarter of 2017, driven largely by lower capital markets-related income, mortgage-related income, and client transaction-related fees, offset partially by higher other noninterest income and modest improvements in other fee categories.

Our net interest margin increased 15 basis points compared to the first quarter of 2017. This increase was driven by a 32 basis point increase in average earning asset yields arising from higher benchmark interest rates, higher securities AFS yields given lower premium amortization expense, and positive mix shift in the LHFI portfolio. We expect net interest margin to increase one to three basis points in the second quarter of 2018 compared to the first quarter of 2018, largely as a result of the rate hike in March 2018. See additional discussion related to revenue, noninterest income, and net interest income and margin in the "Noninterest Income" and "Net Interest Income/Margin" sections of this MD&A. Also in this MD&A, see Table 11, "Net Interest Income Asset Sensitivity," for an analysis of potential changes in net interest income due to instantaneous moves in benchmark interest rates.

Noninterest expense decreased $48 million, or 3%, compared to the first quarter of 2017, driven primarily by lower operating losses and ongoing efficiency initiatives. The reduction in operating losses was driven by a net benefit of $10 million related to the progression of certain legal matters, in addition to below average fraud losses. Other noninterest expense decreased due to elevated efficiency-related charges recognized in the first quarter of 2017, including higher branch closure and severance costs. In addition, our FDIC premiums have been declining over the past few quarters as a result of our improved financial position. Though our expense base has and will vary from quarter to quarter, we remain focused on managing our expenses to provide funding for investments in talent, technology, and improved product offerings. See additional discussion related to noninterest expense in the "Noninterest Expense" section of this MD&A.

For the first quarter of 2018, our efficiency and tangible efficiency ratios were 62.8% and 62.1%, compared to 65.2% and 64.6% for the same period in 2017, respectively. Our efficiency progress keeps us on track to meet our goal of a tangible efficiency ratio of between 60% and 61% for 2018 and below 60% for 2019. See Table 19, "Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures," in this MD&A for additional information regarding, and a reconciliation of, our tangible efficiency ratio.

Overall asset quality metrics were strong during the first quarter of 2018, evidenced by our 0.22% annualized net charge-off ratio and 0.50% NPL ratio. These low levels reflect the

relative strength across our LHFI portfolio, particularly in C&I, though we recognize that there could be variability and normalization moving forward. Overall, we expect to operate within a net charge-off ratio of between 25 and 35 basis points for the remainder of 2018 and we expect the ALLL ratio to decline modestly if current asset quality conditions are sustained. See additional discussion of our credit and asset quality, in the “Loans,” “Allowance for Credit Losses,” and “Nonperforming Assets” sections of this MD&A.

Average LHFI for the first quarter of 2018 totaled $142.9 billion, down $750 million compared to the first quarter of 2017, driven largely by the sale of PAC in December 2017 as well as by declines in average home equity products and commercial construction loans, offset in part by growth across most consumer lending categories. We believe that tax reform, client optimism, and a generally positive economic backdrop will drive increased investment and growth, which will lead to increased lending activity. Overall, we are well positioned to meet our clients' needs, whether through lending, capital markets, or other solutions. See additional loan discussions in the “Loans,” “Nonperforming Assets,” and "Net Interest Income/Margin" sections of this MD&A.

Average consumer and commercial deposits remained stable compared to the first quarter of 2017, as our clients migrated from money market accounts and demand deposits to CDs and NOW accounts, and we expect the migration towards higher cost deposit products to continue as interest rates rise. Rates paid on our interest-bearing consumer and commercial deposits increased 17 basis points compared to the first quarter of 2017 in response to rising benchmark interest rates. Our access to low-cost funding has enabled us to prudently manage our funding base, and our rate discipline on deposits resulted in approximately 20% realized interest-bearing deposit beta in the first quarter of 2018. We remain focused on maximizing the value proposition of deposits for our clients, outside of rate paid, by meeting more of our clients’ needs through strategic investments in talent and technology. See additional discussion regarding average deposits in the "Net Interest Income/Margin" and "Deposits" sections of this MD&A.

In April 2018, we announced an investigation of a theft by a former employee of information from some of our contact lists. Although the investigation is ongoing, we are proactively notifying approximately 1.5 million clients that certain information, such as name, address, phone number, and certain account balances may have been exposed. The contact lists did not include personally identifying information, such as social security number, account number, PIN, user ID, password, or driver’s license information. We are working with outside experts and coordinating with law enforcement on this matter, and we have not identified significant fraudulent activity to date as a result of the potential theft. We have also heightened our monitoring of accounts and increased other related security measures. That said, we are guided by our purpose of Lighting The Way To Financial Well-Being and this applies to our clients’ information security as well. For this reason, we have offered a broad set of ongoing identity protection services to all Consumer

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clients free-of-charge, and we expect to be able to absorb the modest costs for these services in our normal course of business.

Capital and Liquidity

Our capital ratios continue to be well above regulatory requirements. Our CET1 ratio increased to 9.84% at March 31, 2018, a 10 basis point improvement compared to December 31, 2017, driven primarily by strong growth in retained earnings, offset partially by an increase in treasury stock. Our Tier 1 capital and Total capital ratios declined compared to December 31, 2017, due to the impact of our previously announced redemption of all outstanding shares of Series E Preferred Stock in March 2018. Additionally, our book value and tangible book value per common share both decreased 2% compared to December 31, 2017, driven primarily by a higher accumulated other comprehensive loss, offset partially by growth in retained earnings. See additional details related to our capital in Note 13, "Capital," to the Consolidated Financial Statements in our 2017 Annual Report on Form 10-K. Also see Table 19, "Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures," in this MD&A for additional information regarding, and a reconciliation of, tangible book value per common share.

During the first quarter of 2018, we repurchased $330 million of our outstanding common stock as part of our 2017 capital plan. In April 2018, we repurchased an additional $330 million of our common stock at market value, which completed our $1.32 billion common equity repurchases as approved by the Board in conjunction with the 2017 capital plan. Also, in April 2018 we submitted our 2018 capital plan to the Federal Reserve for review in conjunction with the 2018 CCAR, and we anticipate receiving feedback in June 2018 regarding this submission. Our strong capital position, particularly in the context of our risk profile, combined with additional capital optimization, should allow us to continue to increase capital returns to our shareholders. See additional details related to our capital actions and share repurchases in the “Capital Resources” section of this MD&A and in Part II, Item 2 of this Form 10-Q.

Business Segments Highlights

Consumer

Consumer continues to deliver healthy overall business and revenue momentum. Net interest income increased $67 million, or 7%, compared to the first quarter of 2017, resulting from solid loan growth, continued balance sheet optimization, and wider deposit spreads. The average balance of our LHFI portfolio increased 4% compared to the first quarter of 2017. Noninterest income decreased 5%compared to the first quarter of 2017, due primarily to lower mortgage-related income, as a result of lower production volume and reduced gain on sale margins. We are

demonstrating positive underlying trends within PWM, with assets under management increasing by 7% year-over-year. Wealth management-related noninterest income increased 3% year-over-year, slower than the growth rate in assets under management given mix shift and competition. Our value proposition for our targeted client segments is resonating in the marketplace, driving growth in new clients and deepening relationships with existing clients. Noninterest expense decreased $26 million, or 3%, compared to the first quarter of 2017 as a result of the actions we took in 2017 to improve our efficiency and effectiveness. Our branch count is down 6%, which is largely enabled by our improving digital adoption rates. We are making strides in improving efficiency while still investing in technology and revenue growth opportunities. We plan to merge our STM and Bank entities in the third quarter of 2018. We have received conditional regulatory approval for the merger, which is subject to final approval from the appropriate regulatory authorities once certain merger transaction documents have been executed. These entities are both part of the Consumer segment, and the merged entity would remain within Consumer and conduct operations under the Bank’s name and charter. See Note 18, “Business Segment Reporting,” to the Consolidated Financial Statements in this Form 10-Q for additional information.

Wholesale

Wholesale revenue decreased $8 million, or 1%, compared to first quarter of 2017 due primarily to decreases in noninterest income, offset partially by increases in net interest income. Net interest income increased 4% compared to the first quarter of 2017 as a result of improved spreads on deposits, offset partially by declines in loan and deposit volume. Noninterest income decreased 7%, compared to the first quarter of 2017. The decrease was driven largely by lower investment banking income as a result of declines in debt capital markets activity and a decrease in tax credits driven by the lower effective tax rate. Overall, while market conditions can drive quarterly variability, we continued to be encouraged by our momentum in capital markets and believe that we are uniquely positioned to succeed in this space, given our full set of capabilities and our OneTeam approach.

Additional information related to our business segments can be found in Note 18, "Business Segment Reporting," to the Consolidated Financial Statements in this Form 10-Q, and further discussion of our business segment results for the three months endedMarch 31, 2018 and 2017 can be found in the "Business Segment Results" section of this MD&A.

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Consolidated Daily Average Balances, Income/Expense, and Average Yields Earned/Rates Paid															Table 1
	Three Months Ended														(Decrease)/Increase
	March 31, 2018							March 31, 2017
(Dollars in millions)	Average Balances			Income/ Expense		Yields/ Rates		Average Balances			Income/ Expense		Yields/ Rates		Average Balances			Yields/ Rates
ASSETS
LHFI: 1
C&I		$66,269			$588	3.60	%		$69,076			$554	3.25	%		($2,807	)	0.35
CRE	5,201			49		3.84		5,038			39		3.18		163			0.66
Commercial construction	3,749			40		4.27		4,076			34		3.39		(327		)	0.88
Residential mortgages - guaranteed	637			5		3.12		567			4		3.07		70			0.05
Residential mortgages - nonguaranteed	26,863			254		3.79		25,918			247		3.80		945			(0.01	)
Residential home equity products	10,243			116		4.60		11,466			116		4.10		(1,223		)	0.50
Residential construction	261			3		4.47		385			4		4.04		(124		)	0.43
Consumer student - guaranteed	6,655			78		4.76		6,278			65		4.20		377			0.56
Consumer other direct	8,804			110		5.08		7,819			97		5.02		985			0.06
Consumer indirect	12,001			108		3.63		10,847			92		3.43		1,154			0.20
Consumer credit cards	1,526			43		11.26		1,369			33		9.79		157			1.47
Nonaccrual 2	711			4		2.25		831			4		2.03		(120		)	0.22
Total LHFI	142,920			1,398		3.97		143,670			1,289		3.64		(750		)	0.33
Securities AFS: 3
Taxable	30,849			201		2.61		29,965			180		2.40		884			0.21
Tax-exempt	628			5		2.98		286			2		3.04		342			(0.06	)
Total securities AFS	31,477			206		2.62		30,251			182		2.41		1,226			0.21
Fed funds sold and securities borrowed or purchased under agreements to resell	1,334			4		1.18		1,236			1		0.33		98			0.85
LHFS	2,025			21		4.12		2,611			24		3.71		(586		)	0.41
Interest-bearing deposits in other banks	25			—		1.85		25			—		0.64		—			1.21
Interest earning trading assets	4,564			34		3.05		5,188			27		2.09		(624		)	0.96
Other earning assets 3	529			5		3.50		625			5		2.93		(96		)	0.57
Total earning assets	182,874			1,668		3.70		183,606			1,528		3.38		(732		)	0.32
ALLL	(1,726		)					(1,700		)					26
Cash and due from banks	5,329							5,556							(227		)
Other assets	17,256							15,952							1,304
Noninterest earning trading assets and derivative instruments	772							888							(116		)
Unrealized (losses)/gains on securities AFS, net	(373		)					(50		)					(323		)
Total assets		$204,132							$204,252							($120	)
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing deposits:
NOW accounts		$46,590			$45	0.39	%		$44,745			$23	0.21	%		$1,845		0.18
Money market accounts	50,543			48		0.39		54,902			34		0.25		(4,359		)	0.14
Savings	6,587			—		0.02		6,415			—		0.02		172			—
Consumer time	6,085			13		0.87		5,487			9		0.69		598			0.18
Other time	7,026			22		1.25		4,232			10		0.97		2,794			0.28
Total interest-bearing consumer and commercial deposits	116,831			128		0.44		115,781			76		0.27		1,050			0.17
Brokered time deposits	1,006			3		1.35		917			3		1.28		89			0.07
Foreign deposits	51			—		1.42		678			1		0.66		(627		)	0.76
Total interest-bearing deposits	117,888			131		0.45		117,376			80		0.28		512			0.17
Funds purchased	876			3		1.45		872			1		0.65		4			0.80
Securities sold under agreements to repurchase	1,595			5		1.39		1,715			3		0.61		(120		)	0.78
Interest-bearing trading liabilities	1,110			8		2.84		1,002			6		2.61		108			0.23
Other short-term borrowings	2,084			6		1.11		1,753			2		0.49		331			0.62
Long-term debt	10,506			74		2.84		11,563			70		2.45		(1,057		)	0.39
Total interest-bearing liabilities	134,059			227		0.69		134,281			162		0.49		(222		)	0.20
Noninterest-bearing deposits	42,338							43,093							(755		)
Other liabilities	2,499							2,860							(361		)
Noninterest-bearing trading liabilities and derivative instruments	631							347							284
Shareholders’ equity	24,605							23,671							934
Total liabilities and shareholders’ equity		$204,132							$204,252							($120	)
Interest rate spread						3.01	%						2.89	%				0.12
Net interest income 4					$1,441							$1,366
Net interest income-FTE 4, 5					$1,461							$1,400
Net interest margin 6						3.20	%						3.02	%				0.18
Net interest margin-FTE 5, 6						3.24							3.09					0.15

¹ Interest income includes loan fees of $39 million and $45 million for the three months ended March 31, 2018 and 2017, respectively.

² Income on consumer and residential nonaccrual loans, if recognized, is recognized on a cash basis.

³ Beginning January 1, 2018, we began presenting certain equity securities previously presented in securities available for sale as other earning assets. For periods prior to January 1, 2018, these equity securities have been reclassified to other earning assets for comparability.

⁴ Derivative instruments employed to manage our interest rate sensitivity decreased Net interest income by $2 million for the three months ended March 31, 2018 and increased Net interest income by $46 million for the three months ended March 31, 2017.

⁵ See Table 19, "Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures," in this MD&A for additional information and reconciliations of non-U.S. GAAP performance measures. Approximately 95% of the total FTE adjustment for both the three months ended March 31, 2018 and 2017 was attributed to C&I loans.

⁶ Net interest margin is calculated by dividing annualized net interest income by average total earning assets.

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NET INTEREST INCOME/MARGIN (FTE)

Net interest income was $1.5 billion in the first quarter of 2018, an increase of $61 million, or 4%, compared to the first quarter of 2017. Net interest margin for the first quarter of 2018 increased 15 basis points, to 3.24%, compared to the first quarter of 2017. The increase was driven by a 32 basis point increase in average earning asset yields arising from higher benchmark interest rates, higher securities AFS yields given lower premium amortization expense, and positive mix shift in the LHFI portfolio. Specifically, average LHFI yields increased 33 basis points, driven by increases in yields across all commercial loan categories as well as most consumer loan categories. In addition, yields on securities AFS increased 21 basis points due to lower premium amortization, higher interest rates, and shifts in the portfolio mix. These increases were offset partially by higher rates paid on average interest-bearing liabilities.

Rates paid on average interest-bearing liabilities increased 20 basis points compared to the first quarter of 2017, driven primarily by increases in rates paid across all deposit categories as well as rates paid on short-term borrowings and long-term debt. Compared to the first quarter of 2017, the average rate paid on interest-bearing deposits increased 17 basis points. Looking to the second quarter of 2018, we expect net interest margin to increase one to three basis points compared to the first quarter of 2018, largely as a result of the rate hike in March 2018.

Average earning assets decreased $732 million, compared to the first quarter of 2017, driven primarily by a $750 million, or 1%, decrease in average LHFI, a $586 million, or 22%, decrease in LHFS, and a $624 million, or 12%, decrease in average interest earning trading assets. These decreases were offset partially by a $1.2 billion, or 4%, increase in average securities AFS. The decrease in average LHFI was driven largely by the sale of PAC in December 2017 as well as by declines in average home equity products and commercial construction loans. These decreases were offset largely by increases in nonguaranteed residential mortgages, consumer other direct, and consumer indirect. See the "Loans" section in this MD&A for additional discussion regarding loan activity.

Average interest-bearing liabilities decreased $222 million, compared to the first quarter of 2017, due primarily to declines in money market accounts, long-term debt, and foreign deposits, offset largely by increases across most consumer and commercial deposits and other short-term borrowings. Average interest-bearing consumer and commercial deposits increased $1.1 billion, or 1%, compared to the first quarter of 2017, due primarily to growth in time account and NOW balances resulting

from continued success in deepening and growing client relationships. These increases were largely offset by declines in money market accounts. Average long-term debt decreased $1.1 billion, or 9%, compared to the first quarter of 2017, due primarily to terminations and maturities of long-term FHLB advances in the second half of 2017, offset partially by our first quarter of 2018 issuances of $500 million of 5-year fixed rate senior notes and $750 million of 3-year fixed-to floating rate senior notes under our Global Bank Note program. See the "Borrowings" section of this MD&A for additional information regarding our short-term borrowings and long-term debt.

We utilize interest rate swaps to manage interest rate risk. These instruments are primarily receive-fixed, pay-variable swaps that synthetically convert a portion of our commercial loan portfolio from floating rates, based on LIBOR, to fixed rates. At March 31, 2018, the outstanding notional balance of active swaps that qualified as cash flow hedges on variable rate commercial loans was $11.6 billion, compared to $12.1 billion at December 31, 2017, respectively.

In addition to the income recognized from active swaps, we recognize interest income from terminated swaps that were previously designated as cash flow hedges on variable rate commercial loans. Interest expense from our commercial loan swaps was $1 million during the first quarter of 2018, compared to income of $41 million during the first quarter of 2017 due primarily to a decrease in the notional balance of qualifying swaps and an increase in LIBOR. As we manage our interest rate risk we may continue to purchase additional and/or terminate existing interest rate swaps.

Remaining swaps on commercial loans have maturities through 2023 and have an average maturity of 3.6 years at March 31, 2018. The weighted average rate on the receive-fixed rate leg of the commercial loan swap portfolio was 1.55%, and the weighted average rate on the pay-variable leg was 1.88%, at March 31, 2018.

Foregone Interest

Foregone interest income from NPLs reduced net interest margin by two basis points for both the three months ended March 31, 2018 and 2017. See additional discussion of our expectations of future credit quality in the “Loans,” “Allowance for Credit Losses,” and “Nonperforming Assets” sections of this MD&A. In addition, Table 1 in this MD&A contain more detailed information regarding average balances, yields earned, rates paid, and associated impacts on net interest income.

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NONINTEREST INCOME
					Table 2
	Three Months Ended March 31
(Dollars in millions)	2018		2017		% Change 1
Service charges on deposit accounts		$146		$148	(1	)%
Other charges and fees	87		95		(8	)
Card fees	81		82		(1	)
Investment banking income	131		167		(22	)
Trading income	42		51		(18	)
Trust and investment management income	75		75		—
Retail investment services	72		68		6
Mortgage servicing related income	54		58		(7	)
Mortgage production related income	36		53		(32	)
Commercial real estate related income	23		20		15
Net securities gains	1		—		NM
Other noninterest income	48		30		60
Total noninterest income		$796		$847	(6	)%

¹ “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

Noninterest income decreased$51 million, or 6%, compared to the first quarter of 2017. This decrease was driven by lower capital markets-related income, mortgage-related income, and client transaction-related fees, offset partially by higher other noninterest income and modest improvements in other fee categories.

Client transaction-related fees, which include service charges on deposit accounts, other charges and fees, and card fees, decreased$11 million, or 3%, compared to the first quarter of 2017. This decrease was due primarily to the impact of our adoption of the revenue recognition accounting standard on January 1, 2018, which resulted in the netting of certain expense items that were previously recognized in noninterest expense against client transaction-related fee income. See Note 1, "Significant Accounting Policies," to the Consolidated Financial Statements in this Form 10-Q for additional information regarding our adoption of this accounting standard.

Investment banking income decreased$36 million, or 22%, compared to the first quarter of 2017. This decrease was due primarily to declines in syndicated and leveraged finance activity compared to the record performance in the prior year quarter. Looking to the second quarter of 2018, we expect investment banking income to demonstrate solid sequential quarter growth, assuming relatively stable capital market conditions.

Trading income decreased$9 million, or 18%, compared to the first quarter of 2017, due largely to lower fixed income sales and trading revenue.

Retail investment services income increased $4 million, or 6%, compared to the first quarter of 2017 due primarily to growth in retail brokerage managed assets.

Mortgage servicing related income decreased$4 million, or 7%, compared to the first quarter of 2017. This decrease was due to lower net hedge performance and higher servicing asset decay in the first quarter of 2018, offset partially by higher servicing fee income. The UPB of mortgage loans in the servicing portfolio was $164.7 billion at March 31, 2018, compared to $164.5 billion at March 31, 2017.

Mortgage production related income decreased$17 million, or 32%, compared to the first quarter of 2017. This decrease was due to lower refinancing activity and lower gain on sale margins during the first quarter of 2018. Mortgage application volume decreased 9% and closed loan volume decreased 6% compared to the first quarter of 2017.

Other noninterest income increased$18 million, or 60%, compared to the first quarter of 2017. This increase was due primarily to a $23 million remeasurement gain on an equity investment following our full adoption of the recognition and measurement of financial assets accounting standard on January 1, 2018. See Note 1, "Significant Accounting Policies," to the Consolidated Financial Statements in this Form 10-Q for additional information regarding our adoption of this accounting standard.

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NONINTEREST EXPENSE
					Table 3
	Three Months Ended March 31
(Dollars in millions)	2018		2017		% Change
Employee compensation		$707		$717	(1	)%
Employee benefits	146		135		8
Total personnel expenses	853		852		—
Outside processing and software	206		205		—
Net occupancy expense	94		92		2
Marketing and customer development	41		42		(2	)
Regulatory assessments	41		48		(15	)
Equipment expense	40		39		3
Amortization	15		13		15
Operating losses	6		32		(81	)
Other noninterest expense	121		142		(15	)
Total noninterest expense		$1,417		$1,465	(3	)%

Noninterest expense decreased $48 million, or 3%, compared to the first quarter of 2017, driven primarily by lower operating losses and other noninterest expense, as well as ongoing efficiency initiatives.

Regulatory assessments expense decreased $7 million, or 15%, compared to the first quarter of 2017. This decrease was driven by lower FDIC insurance premiums as a result of our improved financial position.

Amortization expense increased $2 million, or 15%, compared to the first quarter of 2017. This increase was driven by an increase in our community development investments, which are amortized over the life of the related tax credits that these investments generate. See the "Community Development

Investments" section of Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," to the Consolidated Financial Statements in this Form 10-Q for additional information regarding these investments.

Operating losses decreased $26 million, or 81%, compared to the first quarter of 2017. This decrease was driven primarily by a net benefit of $10 million related to the progression of certain legal matters as well as lower fraud losses.

Other noninterest expense decreased $21 million, or 15%, compared to the first quarter of 2017. This decrease was due primarily to lower legal and consulting fees and lower branch closure and severance costs.

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LOANS

Our disclosures about the credit quality of our loan portfolio and the related credit reserves (i) describe the nature of credit risk inherent in the loan portfolio, (ii) provide information on how we analyze and assess credit risk in arriving at an adequate and appropriate ALLL, and (iii) explain changes in the ALLL as well as reasons for those changes.

Our loan portfolio consists of two loan segments: Commercial loans and Consumer loans. Loans are assigned to these segments based on the type of borrower, purpose, and/or our underlying credit management processes. Additionally, we further disaggregate each loan segment into loan types based on common characteristics within each loan segment.

Commercial Loans

C&I loans include loans to fund business operations or activities, loans secured by owner-occupied properties, corporate credit cards, and other wholesale lending activities. Commercial loans secured by owner-occupied properties are classified as C&I loans because the primary source of loan repayment for these properties is business income and not real estate operations. CRE and Commercial construction loans include investor loans where repayment is largely dependent upon the operation, refinance, or sale of the underlying real estate.

Consumer Loans

Residential mortgages, both guaranteed (by a federal agency or GSE) and nonguaranteed, consist of loans secured by 1-4 family homes; mostly prime, first-lien loans. Residential home equity products consist of equity lines of credit and closed-end equity loans secured by residential real estate that may be in either a first lien or junior lien position. Residential construction loans include residential real estate secured owner-occupied construction-to-perm loans and lot loans.

Consumer loans also include Guaranteed student loans, Indirect loans (consisting of loans secured by automobiles, boats, and recreational vehicles), Other direct loans (consisting

primarily of unsecured loans, direct auto loans, loans secured by negotiable collateral, and private student loans), and Credit cards.

The composition of our loan portfolio is presented in Table 4:

Loan Portfolio by Types of Loans			Table 4
(Dollars in millions)	March 31, 2018		December 31, 2017
Commercial loans:
C&I 1		$66,321		$66,356
CRE	5,352		5,317
Commercial construction	3,651		3,804
Total commercial loans	75,324		75,477
Consumer loans:
Residential mortgages - guaranteed	611		560
Residential mortgages - nonguaranteed 2	27,165		27,136
Residential home equity products	10,241		10,626
Residential construction	256		298
Guaranteed student	6,693		6,633
Other direct	8,941		8,729
Indirect	11,869		12,140
Credit cards	1,518		1,582
Total consumer loans	67,294		67,704
LHFI		$142,618		$143,181
LHFS 3		$2,377		$2,290

¹ Includes $3.6 billion and $3.7 billion of lease financing and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

² Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

³ Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

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Table 5 presents our LHFI portfolio by geography (based on the U.S. Census Bureau's classifications of U.S. regions):

											Table 5
	March 31, 2018
	Commercial LHFI				Consumer LHFI				Total LHFI
(Dollars in millions)	Balance		% of Total Commercial		Balance		% of Total Consumer		Balance		% of Total LHFI
South region:
Florida		$12,636	17	%		$13,308	20	%		$25,944	18	%
Georgia	9,959		13		8,444		13		18,403		13
Virginia	6,690		9		7,456		11		14,146		10
Maryland	4,312		6		6,036		9		10,348		7
North Carolina	4,584		6		5,314		8		9,898		7
Texas	3,749		5		4,152		6		7,901		6
Tennessee	4,173		6		2,944		4		7,117		5
South Carolina	1,203		2		2,360		4		3,563		2
District of Columbia	1,516		2		1,030		2		2,546		2
Other Southern states	2,422		3		2,322		3		4,744		3
Total South region	51,244		68		53,366		79		104,610		73
Northeast region:
New York	4,833		6		1,153		2		5,986		4
Pennsylvania	1,397		2		1,184		2		2,581		2
New Jersey	1,490		2		694		1		2,184		2
Other Northeastern states	2,527		3		877		1		3,404		2
Total Northeast region	10,247		14		3,908		6		14,155		10
West region:
California	4,527		6		3,279		5		7,806		5
Other Western states	2,176		3		2,264		3		4,440		3
Total West region	6,703		9		5,543		8		12,246		9
Midwest region:
Illinois	1,778		2		952		1		2,730		2
Ohio	835		1		713		1		1,548		1
Missouri	1,034		1		404		1		1,438		1
Other Midwestern states	2,175		3		2,334		3		4,509		3
Total Midwest region	5,822		8		4,403		7		10,225		7
Foreign loans	1,308		2		74		—		1,382		1
Total		$75,324	100	%		$67,294	100	%		$142,618	100	%

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	December 31, 2017
	Commercial LHFI				Consumer LHFI				Total LHFI
(Dollars in millions)	Balance		% of Total Commercial		Balance		% of Total Consumer		Balance		% of Total LHFI
South region:
Florida		$12,792	17	%		$13,474	20	%		$26,266	18	%
Georgia	10,250		14		8,462		12		18,712		13
Virginia	6,580		9		7,545		11		14,125		10
Maryland	4,104		5		6,095		9		10,199		7
North Carolina	4,482		6		5,354		8		9,836		7
Texas	3,954		5		4,122		6		8,076		6
Tennessee	4,101		5		2,985		4		7,086		5
South Carolina	1,155		2		2,385		4		3,540		2
District of Columbia	1,501		2		1,022		2		2,523		2
Other Southern states	2,791		4		2,452		4		5,243		4
Total South region	51,710		69		53,896		80		105,606		74
Northeast region:
New York	4,731		6		1,139		2		5,870		4
Pennsylvania	1,458		2		1,189		2		2,647		2
New Jersey	1,327		2		689		1		2,016		1
Other Northeastern states	2,387		3		895		1		3,282		2
Total Northeast region	9,903		13		3,912		6		13,815		10
West region:
California	4,893		6		3,246		5		8,139		6
Other Western states	2,172		3		2,235		3		4,407		3
Total West region	7,065		9		5,481		8		12,546		9
Midwest region:
Illinois	1,637		2		922		1		2,559		2
Ohio	718		1		688		1		1,406		1
Missouri	922		1		395		1		1,317		1
Other Midwestern states	2,211		3		2,336		3		4,547		3
Total Midwest region	5,488		7		4,341		6		9,829		7
Foreign loans	1,311		2		74		—		1,385		1
Total		$75,477	100	%		$67,704	100	%		$143,181	100	%

Loans Held for Investment

LHFI totaled $142.6 billion at March 31, 2018, a decrease of $563 million from December 31, 2017, driven largely by decreases in commercial construction loans, home equity products, and consumer indirect loans, offset partially by growth in consumer other direct loans.

Average LHFI for the first quarter of 2018 totaled $142.9 billion, down $750 million compared to the first quarter of 2017, driven largely by the sale of PAC in December 2017 as well as by declines in average home equity products and commercial construction loans, offset in part by growth across most consumer lending categories. See the "Net Interest Income/Margin" section of this MD&A for more information regarding average loan balances.

Commercial loans decreased $153 million during the first quarter of 2018, driven by payoffs and paydowns of commercial construction loans.

Consumer loans decreased $410 million, or 1%, during the first quarter of 2018, driven by a $385 million, or 4%, decrease in residential home equity products and a $271 million, or 2%, decline in indirect loans. These decreases were offset partially by a $212 million, or 2%, increase in other direct loans during the first quarter of 2018.

At March 31, 2018, 41% of our residential home equity products were in a first lien position and 59% were in a junior lien position. For residential home equity products in a junior

lien position, we own or service 32% of the loans that are senior to the home equity product.

Loans Held for Sale

LHFS increased $87 million, or 4%, during the first quarter of 2018, driven by transfers of guaranteed student and residential mortgage LHFI into LHFS.

Asset Quality

Our asset quality metrics were strong during the first quarter of 2018, driven by economic growth and improved residential housing markets, evidenced by our low annualized net charge-off and NPL ratios. These low levels reflect the relative strength across our LHFI portfolio, particularly in C&I, though we recognize that there could be variability and normalization moving forward. See the “Allowance for Credit Losses” and “Nonperforming Assets” sections of this MD&A for detailed information regarding our net charge-offs and NPLs.

NPAs increased $37 million, or 5%, during the first quarter of 2018, driven primarily by hurricane-related forbearance and the downgrade of one CRE borrower, offset partially by the return to accrual status of certain nonperforming home equity products. At March 31, 2018, the ratio of NPLs to period-end LHFI was 0.50%, an increase of three basis points compared to December 31, 2017.

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Early stage delinquencies were 0.68% and 0.80% of total loans at March 31, 2018 and December 31, 2017, respectively. Early stage delinquencies, excluding government-guaranteed loans, were 0.22% and 0.32% at March 31, 2018 and December 31, 2017, respectively. The reductions in early stage delinquencies resulted primarily from improvements in consumer loans.

For first quarter of 2018 and 2017, net charge-offs totaled $79 million and $112 million, and the net charge-off ratio was 0.22% and 0.32%, respectively. The decrease in net charge-offs was driven primarily by overall asset quality improvements and lower commercial net charge-offs.

Overall, we expect to operate within a net charge-off ratio of between 25 and 35 basis points for the remainder of 2018 and we expect the ALLL ratio to decline modestly if current asset quality conditions are sustained.

ALLOWANCE FOR CREDIT LOSSES

The allowance for credit losses consists of the ALLL and the reserve for unfunded commitments. A rollforward of our allowance for credit losses and summarized credit loss experience is shown in Table 6. See Note 1, "Significant Accounting Policies," and the "Critical Accounting Policies" MD&A section of our 2017 Annual Report on Form 10-K, as well as Note 7, "Allowance for Credit Losses," to the Consolidated Financial Statements in this Form 10-Q for further information regarding our ALLL accounting policy, determination, and allocation.

Summary of Credit Losses Experience							Table 6
	Three Months Ended March 31
(Dollars in millions)	2018			2017			% Change 4
Allowance for Credit Losses
Balance - beginning of period		$1,814			$1,776		2	%
(Benefit)/provision for unfunded commitments	(10		)	2			NM
(Benefit)/provision for loan losses:
Commercial loans	(16		)	46			NM
Consumer loans	54			71			(24	)
Total provision for loan losses	38			117			(68	)
Charge-offs:
Commercial loans	(23		)	(63		)	(63	)
Consumer loans	(83		)	(83		)	—
Total charge-offs	(106		)	(146		)	(27	)
Recoveries:
Commercial loans	6			13			(54	)
Consumer loans	21			21			—
Total recoveries	27			34			(21	)
Net charge-offs	(79		)	(112		)	(29	)
Balance - end of period		$1,763			$1,783		(1	)%
Components:
ALLL		$1,694			$1,714		(1	)%
Unfunded commitments reserve 1	69			69			—
Allowance for credit losses		$1,763			$1,783		(1	)%
Average LHFI		$142,920			$143,670		(1	)%
Period-end LHFI outstanding	142,618			143,529			(1	)
Ratios:
ALLL to period-end LHFI 2	1.19		%	1.20		%	(1	)%
ALLL to NPLs 3	2.40x			2.18x			10
Net charge-offs to total average LHFI (annualized)	0.22		%	0.32		%	(31	)

¹ The unfunded commitments reserve is recorded in Other liabilities in the Consolidated Balance Sheets.

²$188 million and $221 million of LHFI measured at fair value at March 31, 2018 and 2017, respectively, were excluded from period-end LHFI in the calculation, as no allowance is recorded for loans measured at fair value. We believe that this presentation more appropriately reflects the relationship between the ALLL and loans that attract an allowance.

³ $5 million and $3 million of NPLs measured at fair value at March 31, 2018 and 2017, respectively, were excluded from NPLs in the calculation, as no allowance is recorded for NPLs measured at fair value. We believe that this presentation more appropriately reflects the relationship between the ALLL and NPLs that attract an allowance.

⁴ "NM" - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

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Provision for Credit Losses

The total provision for credit losses includes the (benefit)/provision for loan losses and the (benefit)/provision for unfunded commitments. The provision for loan losses is the result of a detailed analysis performed to estimate an appropriate and adequate ALLL. For the first quarter of 2018, the total provision for loan losses decreased $79 million compared to the first quarter of 2017, driven primarily by lower net charge-offs and a lower ALLL.

Our quarterly review processes to determine the level of reserves and provision are informed by trends in our LHFI portfolio (including historical loss experience, expected loss calculations, delinquencies, performing status, size and composition of the loan portfolio, and concentrations within the portfolio) combined with a view on economic conditions. In addition to internal credit quality metrics, the ALLL estimate is impacted by other indicators of credit risk associated with the portfolio, such as geopolitical and economic risks, and the increasing availability of credit and resultant higher levels of leverage for consumers and commercial borrowers.

Allowance for Loan and Lease Losses

ALLL by Loan Segment				Table 7
(Dollars in millions)	March 31, 2018			December 31, 2017
ALLL:
Commercial loans		$1,068			$1,101
Consumer loans	626			634
Total		$1,694			$1,735
Segment ALLL as a % of total ALLL:
Commercial loans	63		%	63		%
Consumer loans	37			37
Total	100		%	100		%
Segment LHFI as a % of total LHFI:
Commercial loans	53		%	53		%
Consumer loans	47			47
Total	100		%	100		%

The ALLL decreased$41 million, or 2%, from December 31, 2017, to $1.7 billion at March 31, 2018. The decrease was due primarily to continued asset quality improvements, including an improved outlook for hurricane-related losses. The ALLL to period-end LHFI ratio (excluding loans measured at fair value) decreasedtwo basis points from December 31, 2017, to 1.19% at March 31, 2018. The ratio of the ALLL to NPLs (excluding NPLs measured at fair value) decreased to 2.40x at March 31, 2018, compared to 2.59x at December 31, 2017, due to a decrease in the ALLL and an increase in NPLs.

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NONPERFORMING ASSETS

Table 8 presents our NPAs:

							Table 8
(Dollars in millions)	March 31, 2018			December 31, 2017			% Change
Nonaccrual loans/NPLs:
Commercial loans:
C&I		$216			$215		—	%
CRE	46			24			92
Commercial construction	—			1			(100	)
Total commercial NPLs	262			240			9
Consumer loans:
Residential mortgages - nonguaranteed	253			206			23
Residential home equity products	169			203			(17	)
Residential construction	16			11			45
Other direct	8			7			14
Indirect	4			7			(43	)
Total consumer NPLs	450			434			4
Total nonaccrual loans/NPLs 1		$712			$674		6	%
OREO 2		$59			$57		4	%
Other repossessed assets	7			10			(30	)
Total NPAs		$778			$741		5	%
Accruing LHFI past due 90 days or more		$1,348			$1,405		(4	)%
Accruing LHFS past due 90 days or more	3			2			50
TDRs:
Accruing restructured loans		$2,476			$2,468		—	%
Nonaccruing restructured loans 1	279			286			(2	)
Ratios:
NPLs to period-end LHFI	0.50		%	0.47		%	6	%
NPAs to period-end LHFI, OREO, and other repossessed assets	0.55			0.52			6

¹Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

² Does not include foreclosed real estate related to loans insured by the FHA or guaranteed by the VA. Proceeds due from the FHA and the VAare recorded as a receivable in Other assets in the Consolidated Balance Sheets until the property is conveyed and the funds are received. The receivable related to proceeds due from theFHA and the VA totaled $43 million and $45 million at March 31, 2018 and December 31, 2017, respectively.

Problem loans or loans with potential weaknesses, such as nonaccrual loans, loans over 90 days past due and still accruing, and TDR loans, are disclosed in the NPA table above. Loans with known potential credit problems that may not otherwise be disclosed in this table include accruing criticized commercial loans, which are disclosed along with additional credit quality information in Note 6, “Loans,” to the Consolidated Financial Statements in this Form 10-Q. At March 31, 2018 and December 31, 2017, there were no known significant potential problem loans that are not otherwise disclosed. See the "Critical Accounting Policies" section of our 2017 Annual Report on MD&A for additional information regarding our policy on loans classified as nonaccrual.

NPAs increased$37 million, or 5%, during first quarter of 2018, and the ratio of NPLs to period-end LHFI was 0.50% at March 31, 2018, up three basis points from December 31, 2017. These increases were driven primarily by hurricane-related forbearance on residential mortgage loans and the downgrade of one CRE borrower, offset partially by the return to accrual status of certain nonperforming home equity products.

Nonperforming Loans

NPLs at March 31, 2018 totaled $712 million, an increase of $38 million, or 6%, from December 31, 2017, driven primarily by an increase in CRE and residential mortgage NPLs, offset partially by a decrease in home equity NPLs.

Commercial NPLs increased $22 million, or 9%, during first quarter of 2018 driven by an increase in CRE NPLs due to the downgrade of one borrower.

Consumer NPLs increased $16 million, or 4%, from December 31, 2017, driven by an increase in residential mortgage NPLs due primarily to hurricane-related forbearance, and a slight increase in residential construction NPLs, offset partially by the return to accrual status of certain home equity products.

Interest income on consumer nonaccrual loans, if received, is recognized on a cash basis. Interest income on commercial nonaccrual loans is not generally recognized until after the principal amount has been reduced to zero. We recognized $4 million of interest income related to nonaccrual loans (which includes out-of-period interest for certain commercial

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nonaccrual loans) during both the first quarter of 2018 and 2017. If all such loans had been accruing interest according to their original contractual terms, estimated interest income of $11 million would have been recognized during both the first quarter of 2018 and 2017.

Other Nonperforming Assets

OREOincreased$2 million, or 4%, during first quarter of 2018 to $59 million at March 31, 2018. Sales of OREO resulted in proceeds of $15 million and $12 million during the first quarter of 2018 and 2017, resulting in net gains of $3 million and $2 million, respectively, inclusive of valuation reserves.

Most of our OREO properties are located in Florida, Virginia, Maryland, and North Carolina. Residential and commercial real estate properties comprised 91% and 6%, respectively, of total OREO at March 31, 2018, with the remainder related to land. Upon foreclosure, the values of these properties were re-evaluated and, if necessary, written down to their then-current estimated fair value less estimated costs to sell. Any further decreases in property values could result in additional losses as they are regularly revalued. See the "Non-recurring Fair Value Measurements" section within Note 16, "Fair Value Election and Measurement," to the Consolidated Financial Statements in this Form 10-Q for additional information.

Gains and losses on the sale of OREO are recorded in Other noninterest expense in the Consolidated Statements of Income. Sales of OREO and the related gains or losses are highly dependent on our disposition strategy. We are actively managing and disposing of these assets to minimize future losses and to maintain compliance with regulatory requirements.

Accruing loans past due 90 days or more are included in LHFI and LHFS, and totaled $1.4 billion at both March 31, 2018 and December 31, 2017. Of these, 97% and 98% were government-guaranteed at March 31, 2018 and December 31, 2017, respectively. Accruing LHFI past due 90 days or more decreased$57 million, or 4%, during the first quarter of 2018, driven by a $95 million decrease in guaranteed student loans, offset partially by a $33 million increase in guaranteed residential mortgages.

Restructured Loans

To maximize the collection of loan balances, we evaluate troubled loans on a case-by-case basis to determine if a loan modification is appropriate. We pursue loan modifications when there is a reasonable chance that an appropriate modification would allow our client to continue servicing the debt. For loans secured by residential real estate, if the client demonstrates a loss of income such that the client cannot reasonably support a modified loan, we may pursue short sales and/or deed-in-lieu arrangements. For loans secured by income producing commercial properties, we perform an in-depth and ongoing programmatic review of a number of factors, including cash flows, loan structures, collateral values, and guarantees to identify loans within our income producing commercial loan portfolio that are most likely to experience distress.

Based on our review of the aforementioned factors and our assessment of overall risk, we evaluate the benefits of proactively initiating discussions with our clients to improve a loan’s risk profile. In some cases, we may renegotiate terms of their loans so that they have a higher likelihood of continuing to perform. To date, we have restructured loans in a variety of ways to help our clients service their debt and to mitigate the potential for additional losses. The restructuring methods offered to our clients primarily include an extension of the loan's contractual term and/or a reduction in the loan's original contractual interest rate. In limited circumstances, loan modifications that forgive contractually specified unpaid principal balances may also be offered. For residential home equity lines nearing the end of their draw period and for commercial loans, the primary restructuring method is an extension of the loan's contractual term.

Loans with modifications deemed to be economic concessions resulting from borrower financial difficulties are reported as TDRs. Accruing loans may retain accruing status at the time of restructure and the status is determined by, among other things, the nature of the restructure, the borrower's repayment history, and the borrower's repayment capacity.

Nonaccruing loans that are modified and demonstrate a sustainable history of repayment performance in accordance with their modified terms, typically six months, are usually reclassified to accruing TDR status. Generally, once a loan becomes a TDR, we expect that the loan will continue to be reported as a TDR for its remaining life, even after returning to accruing status (unless the modified rates and terms at the time of modification were available in the market at the time of the modification, or if the loan is subsequently remodified at market rates). Some restructurings may not ultimately result in the complete collection of principal and interest (as modified by the terms of the restructuring), culminating in default, which could result in additional incremental losses. These potential incremental losses are factored into our ALLL estimate. The level of re-defaults will likely be affected by future economic conditions. See Note 6, “Loans,” to the Consolidated Financial Statements in this Form 10-Q for additional information.

At March 31, 2018, our total TDR portfolio totaled $2.8 billion and was comprised of $2.6 billion, or 96%, of consumer loans (predominantly first and second lien residential mortgages and home equity lines of credit) and $119 million, or 4%, of commercial loans. Total TDRs increased $1 million from December 31, 2017, as an $8 million increase in accruing TDRs was offset largely by a $7 million, or 2%, reduction in nonaccruing TDRs.

Generally, interest income on restructured loans that have met sustained performance criteria and returned to accruing status is recognized according to the terms of the restructuring. Such interest income of $27 million was recognized for both the first quarter of 2018 and 2017 . If all such loans had been accruing interest according to their original contractual terms, estimated interest income of $32 million and $33 million for the first quarter of 2018 and 2017, respectively, would have been recognized.

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SELECTED FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE

The following is a discussion of the more significant financial assets and financial liabilities that are measured at fair value on the Consolidated Balance Sheets at March 31, 2018 and December 31, 2017. For a complete discussion of our financial instruments measured at fair value and the methodologies used to estimate the fair values of our financial instruments, see Note 16, “Fair Value Election and Measurement,” to the Consolidated Financial Statements in this Form 10-Q.

Trading Assets and Liabilities and Derivative Instruments

Trading assets and derivative instruments increased $19 million compared to December 31, 2017. This increase was due primarily to increases in corporate and other debt securities, municipal securities, CP, trading loans, and U.S. Treasury securities, offset largely by decreases in federal agency securities and derivative instruments. These changes were driven by

normal activity in the trading portfolio product mix as we manage our business and continue to meet our clients' needs. Trading liabilities and derivative instruments increased $454 million, or 35%, compared to December 31, 2017, driven by increases in derivative instruments, corporate and other debt securities, and U.S. Treasury securities. For composition and valuation assumptions related to our trading products, as well as additional information on our derivative instruments, see Note 4, “Trading Assets and Liabilities and Derivative Instruments,” Note 15, “Derivative Financial Instruments,” and the “Trading Assets and Derivative Instruments and Securities Available for Sale” section of Note 16, “Fair Value Election and Measurement,” to the Consolidated Financial Statements in this Form 10-Q. Also, for a discussion of market risk associated with our trading activities, refer to the “Market Risk Management—Market Risk from Trading Activities” section of this MD&A.

Securities Available for Sale
							Table 9
	March 31, 2018
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,437		$—		$97		$4,340
Federal agency securities	248		3		2		249
U.S. states and political subdivisions	644		5		13		636
MBS - agency residential	22,837		146		470		22,513
MBS - agency commercial	2,320		1		79		2,242
MBS - non-agency residential	53		4		—		57
MBS - non-agency commercial	897		—		23		874
ABS	6		1		—		7
Corporate and other debt securities	16		—		—		16
Total securities AFS		$31,458		$160		$684		$30,934

	December 31, 2017 1
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,361		$2		$32		$4,331
Federal agency securities	257		3		1		259
U.S. states and political subdivisions	618		7		8		617
MBS - agency residential	22,616		222		134		22,704
MBS - agency commercial	2,121		3		38		2,086
MBS - non-agency residential	55		4		—		59
MBS - non-agency commercial	862		7		3		866
ABS	6		2		—		8
Corporate and other debt securities	17		—		—		17
Total securities AFS		$30,913		$250		$216		$30,947

¹ Beginning January 1, 2018, we reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. For periods prior to January 1, 2018, these equity securities have been reclassified to Other assets for comparability. See Note 9, "Other Assets," to the Consolidated Financial Statements in this Form 10-Q for additional information.

The securities AFS portfolio is managed as part of our overall liquidity management and ALM process to optimize income and portfolio value over an entire interest rate cycle while mitigating the associated risks. Changes in the size and composition of the portfolio reflect our efforts to maintain a high quality, liquid portfolio, while managing our interest rate risk profile. The

amortized cost of the portfolio increased $545 million during the three months ended March 31, 2018, due primarily to increased holdings of agency residential and commercial MBS, U.S. Treasury securities, non-agency commercial MBS, and municipal securities. The fair value of the securities AFS portfolio decreased $13 million compared to December 31,

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2017, due to a $558 million increase in net unrealized losses resulting from market interest rates being higher than the securities' stated coupon rates, offset largely by the aforementioned changes in portfolio mix. At March 31, 2018, the overall securities AFS portfolio was in a $524 million net unrealized loss position, compared to a net unrealized gain position of $34 million at December 31, 2017. The securities AFS portfolio had an effective duration of 4.7 years at March 31, 2018 compared to 4.5 years at December 31, 2017.

For the three months ended March 31, 2018, net realized gains related to the sale of securities AFS were immaterial and for the three months ended March 31, 2017 there were no net realized gains recognized. For both the three months ended March 31, 2018 and 2017, there were no OTTI credit losses recognized in earnings. For additional information on our accounting policies, composition, and valuation assumptions related to the securities AFS portfolio, see Note 1, "Significant Accounting Policies," to our 2017 Annual Report on Form 10-K, as well as Note 5, "Securities Available for Sale," Note 1, "Significant Accounting Policies," and the “Trading Assets and Derivative Instruments and Securities Available for Sale” section of Note 16, “Fair Value Election and Measurement,” to the Consolidated Financial Statements in this Form 10-Q.

For the three months ended March 31, 2018, the average yield on the securities AFS portfolio was 2.62%, compared to 2.41% for the three months ended March 31, 2017. The increase in average yield was due primarily to lower premium amortization, higher interest rates, and shifts in portfolio mix. See additional discussion related to average yields on securities AFS in the "Net Interest Income/Margin" section of this MD&A.

The credit quality and liquidity profile of the securities AFS portfolio remained strong at March 31, 2018 and, consequently, we believe that we have the flexibility to respond to changes in the economic environment and take actions as opportunities arise to manage our interest rate risk profile and balance liquidity risk against investment returns. Over the longer term, the size and composition of the securities AFS portfolio will reflect balance sheet trends, our overall liquidity objectives, and interest rate risk management objectives. Accordingly, the size and composition of the securities AFS portfolio could change over time.

BORROWINGS

Short-Term Borrowings

Our short-term borrowings at March 31, 2018 decreased $1.2 billion, or 25%, from December 31, 2017, driven by a $1.4 billion decrease in funds purchased, offset partially by a $174 million increase in securities sold under agreements to repurchase.

Long-Term Debt

During the three months ended March 31, 2018, our long-term debt increased by $907 million, or 9%. This increase was driven by our first quarter of 2018 issuances of $500 million of 5-year fixed rate senior notes and $750 million of 3-year fixed-to floating rate senior notes under our Global Bank Note program. Partially offsetting these issuances were $314 million of subordinated note maturities during the current quarter.

In the second quarter of 2018, we issued $850 million of 7-year senior notes that pay a fixed annual coupon rate of 4.00% under our Parent Company SEC shelf registration. We may call these notes at any time or from time to time prior to March 1, 2025 under a "make-whole" provision, and they mature on May 1, 2025. This issuance allowed us to supplement our funding sources at a favorable borrowing rate and increase Parent Company liquidity.

CAPITAL RESOURCES

Regulatory Capital

Our primary federal regulator, the Federal Reserve, measures capital adequacy within a framework that sets capital requirements relative to the risk profiles of individual banks. The framework assigns risk weights to assets and off-balance sheet risk exposures according to predefined classifications, creating a base from which to compare capital levels. We measure capital adequacy using the standardized approach to the FRB's Basel III Final Rule. Basel III capital categories are discussed below.

CET1 is limited to common equity and related surplus (net of treasury stock), retained earnings, AOCI, and common equity minority interest, subject to limitations. Certain regulatory adjustments and exclusions are made to CET1, including removal of goodwill, other intangible assets, certain DTAs, and certain defined benefit pension fund net assets. Further, banks employing the standardized approach to Basel III were granted a one-time permanent election to exclude AOCI from the calculation of regulatory capital. We elected to exclude AOCI from the calculation of our CET1.

Tier 1 capital includes CET1, qualified preferred equity instruments, qualifying minority interest not included in CET1, subject to limitations, and certain other regulatory deductions. Tier 2 capital includes qualifying portions of subordinated debt, trust preferred securities and minority interest not included in Tier 1 capital, ALLL up to a maximum of 1.25% of RWA, and a limited percentage of unrealized gains on equity securities. Total capital consists of Tier 1 capital and Tier 2 capital.

To be considered "adequately capitalized," we are subject to minimum CET1, Tier 1 capital, and Total capital ratios of 4.5%, 6%, and 8%, respectively, plus, in 2018, 2017, and 2016, CCB amounts of 1.875%, 1.25%, and 0.625%, respectively, are required to be maintained above the minimum capital ratios. The CCB will be fully phased-in at 2.5% above the minimum capital ratios on January 1, 2019. The CCB places restrictions on the amount of retained earnings that may be used for capital distributions or discretionary bonus payments as risk-based capital ratios approach their respective “adequately capitalized” minimum capital ratios plus the CCB. To be considered “well-capitalized,” Tier 1 and Total capital ratios of 6% and 10%, respectively, are required.

In April 2018, the Federal Reserve issued an NPR that included proposed modifications to minimum regulatory capital requirements as well as proposed changes to assumptions used in the stress testing process. The modifications would replace the 2.5% CCB with a Stress Capital Buffer "SCB." The SCB is the greater of the difference between the actual CET1 ratio and the minimum forecasted CET1 ratio under a severely adverse scenario, plus four quarters of planned common stock dividends,

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or 2.5%. The proposed rule is expected to be effective December 31, 2018, and would be implemented in the 2019 CCAR.

We are also subject to a Tier 1 leverage ratio requirement, which measures Tier 1 capital against average total assets less certain deductions, as calculated in accordance with regulatory guidelines. The minimum leverage ratio threshold is 4% and is not subject to the CCB.

A transition period previously applied to certain capital elements and risk weighted assets, where phase-in percentages were applicable in the calculations of capital and RWA. One of the more significant transitions required by the Basel III Final Rule relates to the risk weighting applied to MSRs, which impacted the CET1 ratio during the transition period when compared to the CET1 ratio calculated on a fully phased-in basis. Specifically, the fully phased-in risk weight of MSRs would have been 250%, while the risk weight to be applied during the transition period was 100%.

In the third quarter of 2017, the OCC, FRB, and FDIC issued two NPRs in an effort to simplify certain aspects of the capital rules, a Transitions NPR and a Simplifications NPR. The Transitions NPR proposed to extend certain transition provisions in the capital rules for banks with less than $250 billion in total consolidated assets. The Transitions NPR was finalized in November 2017 and the rule became effective on January 1, 2018. The Simplifications NPR would simplify the capital treatment for certain acquisition, development, and construction loans, mortgage servicing assets, certain deferred tax assets, investments in the capital instruments of unconsolidated financial institutions, and minority interest. We are continuing to evaluate these items, however, we do not anticipate them to have a significant impact on our capital ratios.

Table 10 presents the Company's Basel III regulatory capital metrics:

Regulatory Capital Metrics 1				Table 10
(Dollars in millions)	March 31, 2018			December 31, 2017
Regulatory capital:
CET1		$17,388			$17,141
Tier 1 capital	19,436			19,622
Total capital	22,787			23,028
Assets:
RWA		$176,630			$175,950
Average total assets for leverage ratio	199,364			200,141
Risk-based ratios 2:
CET1	9.84		%	9.74		%
Tier 1 capital	11.00			11.15
Total capital	12.90			13.09
Leverage	9.75			9.80
Total shareholders’ equity to assets	11.85			12.21

¹ We calculated these measures based on the methodology specified by our primary regulator, which may differ from the calculations used by other financial services companies that present similar metrics.

² Basel III capital ratios are calculated under the standardized approach using regulatory capital methodology applicable to us for each period presented, including the phase-in of transition provisions.

Our CET1 ratio increased compared to December 31, 2017, driven primarily by growth in retained earnings, offset partially by an increase in treasury stock. The Tier 1 capital and Total capital ratios declined compared to December 31, 2017, due to

the impact of our Series E Preferred Stock redemption in March 2018, detailed in the "Capital Actions" section below. At March 31, 2018, our capital ratios were well above current regulatory requirements. See Note13, "Capital," to the Consolidated Financial Statements in our 2017 Annual Report on Form 10-K for additional information regarding our regulatory capital adequacy requirements and metrics.

Capital Actions

We declared and paid common dividends of $187 million, or $0.40 per common share, for the three months ended March 31, 2018, compared to $128 million, or $0.26 per common share, for the three months ended March 31, 2017. Additionally, we declared dividends on our preferred stock of $31 million and $17 million during the three months ended March 31, 2018 and 2017, respectively.

Various regulations administered by federal and state bank regulatory authorities restrict the Bank's ability to distribute its retained earnings. At March 31, 2018 and December 31, 2017, the Bank's capacity to pay cash dividends to the Parent Company under these regulations totaled approximately $1.7 billion and $2.5 billion, respectively.

During the first quarter of 2018, we repurchased $330 million of our outstanding common stock as part of our 2017 capital plan. At March 31, 2018, we had $330 million of remaining common stock repurchase capacity available under our 2017 capital plan. In April 2018, we repurchased an additional $330 million of our common stock at market value, which completed our $1.32 billion common equity repurchases as approved by the Board in conjunction with the 2017 capital plan. Also, in April 2018 we submitted our 2018 capital plan to the Federal Reserve for review in conjunction with the 2018 CCAR, and we anticipate receiving feedback in June 2018 regarding this submission. See Item 5 and Note 13, "Capital," to the Consolidated Financial Statements in our 2017 Annual Report on Form 10-K, as well as Part II, Item 2 in this Form 10-Q for additional information regarding our capital actions.

In March 2018, we used net proceeds from our November 2017 Series H Preferred Stock issuance to redeem all 4,500 shares of our outstanding higher cost Series E Preferred Stock.

Our strong capital position, particularly in the context of our risk profile, combined with additional capital optimization, should allow us to continue to increase capital returns to our shareholders.

CRITICAL ACCOUNTING POLICIES

There have been no significant changes to our Critical Accounting Policies as described in our 2017 Annual Report on Form 10-K.

ENTERPRISE RISK MANAGEMENT

There have been no significant changes in our Enterprise Risk Management practices as described in our 2017 Annual Report on Form 10-K.

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Credit Risk Management

There have been no significant changes in our Credit Risk Management practices as described in our 2017 Annual Report on Form 10-K.

Operational Risk Management

There have been no significant changes in our Operational Risk Management practices as described in our 2017 Annual Report on Form 10-K.

Market Risk Management

Market risk refers to potential losses arising from changes in interest rates, foreign exchange rates, equity prices, commodity prices, and other relevant market rates or prices. Interest rate risk, defined as the exposure of net interest income and MVE to changes in interest rates, is our primary market risk and mainly arises from changes in the structure and composition of our balance sheet. Variable rate loans, prior to any hedging related actions, were approximately 58% of total loans at March 31, 2018, and after giving consideration to hedging related actions, were approximately 49% of total loans. Approximately 5% of our variable rate loans at March 31, 2018 had coupon rates that were equal to a contractually specified interest rate floor. In addition to interest rate risk, we are also exposed to market risk in our trading instruments measured at fair value. Our ALCO meets regularly and is responsible for reviewing our ALM and liquidity risk position in conformance with the established policies and limits designed to measure, monitor, and control market risk.

Market Risk from Non-Trading Activities

The primary goal of interest rate risk management is to control exposure to interest rate risk within policy limits approved by the Board. These limits reflect our appetite for interest rate risk over both short-term and long-term horizons. No limit breaches occurred during the three months ended March 31, 2018.

The major sources of our non-trading interest rate risk are timing differences in the maturity and repricing characteristics of assets and liabilities, changes in the absolute level and shape of the yield curve, as well as the embedded optionality in our products and related customer behavior. We measure these risks and their impact by identifying and quantifying exposures through the use of sophisticated simulation and valuation models, which, as described in additional detail below, are employed by management to understand net interest income sensitivity and MVE sensitivity. These measures show that our interest rate risk profile is modestly asset sensitive at March 31, 2018.

MVE and net interest income sensitivity are complementary interest rate risk metrics and should be viewed together. Net interest income sensitivity captures asset and liability repricing differences for one year and is considered a shorter term measure. MVE sensitivity captures the change in the discounted net present value of all on- and off-balance sheet items and is considered a longer term measure.

Positive net interest income sensitivity in a rising rate environment indicates that over the forecast horizon of one year, asset based interest income will increase more quickly than liability based interest expense. A negative MVE sensitivity in

a rising rate environment indicates that the value of financial assets will decrease more than the value of financial liabilities.

One of the primary methods that we use to quantify and manage interest rate risk is simulation analysis, which we use to model net interest income from assets, liabilities, and derivative positions under various interest rate scenarios and balance sheet structures. We measure the sensitivity of net interest income over a one-year time horizon, as reflected in Table 11, as well as for multi-year time horizons. Key assumptions in this form of simulation analysis (and in the valuation analysis discussed below) relate to the behavior of interest rates and spreads, the changes in product balances, and the behavior of loan and deposit clients in different rate environments. This analysis incorporates several assumptions, the most significant of which relate to the repricing and behavioral fluctuations of deposits with indeterminate or non-contractual maturities.

As the future path of interest rates is not known, we use a simulation analysis to project net interest income under various and potentially extreme scenarios. These scenarios may include rapid and gradual ramping of interest rates, rate shocks, basis risk analysis, and yield curve twists. Specific strategies are also analyzed to determine their impact on net interest income levels and sensitivities.

The sensitivity analysis presented in Table 11 is measured as a percentage change in net interest income due to instantaneous moves in benchmark interest rates. Estimated changes below are dependent upon material assumptions such as those previously discussed.

Net Interest Income Asset Sensitivity		Table 11
	Estimated % Change in Net Interest Income Over 12 Months 1
	March 31, 2018	December 31, 2017
Rate Change
+200 bps	3.1%	2.4%
+100 bps	1.7%	1.4%
-50 bps	(1.1)%	(1.0)%

¹ Estimated % change of net interest income is reflected on a non-FTE basis.

Net interest income asset sensitivity at March 31, 2018 increased compared to December 31, 2017, driven primarily by changes in the composition of our balance sheet and a reduction in our active notional balance of receive-fixed, pay-variable commercial loan swaps. See additional discussion related to net interest income in the "Net Interest Income/Margin" section of this MD&A.

We also perform valuation analyses, which we use for discerning levels of risk present in the balance sheet and derivative positions that might not be taken into account in the net interest income simulation horizon. Whereas a net interest income simulation highlights exposures over a relatively short time horizon, our valuation analysis incorporates all cash flows over the estimated remaining life of all balance sheet and derivative positions.

The valuation of the balance sheet, at a point in time, is defined as the discounted present value of asset and derivative cash flows minus the discounted present value of liability cash flows, the net of which is referred to as MVE. The sensitivity of

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MVE to changes in the level of interest rates is a measure of the longer-term repricing risk and embedded optionality in the balance sheet. Similar to the net interest income simulation, MVE uses instantaneous changes in rates. However, MVE values only the current balance sheet and does not incorporate originations of new/replacement business or balance sheet growth that may be used in the net interest income simulation model. As with the net interest income simulation model, assumptions about the timing and variability of balance sheet cash flows are critical in the MVE analysis. Significant MVE assumptions include those that drive prepayment speeds, expected changes in balances, and pricing of the indeterminate deposit portfolios.

At March 31, 2018, the MVE profile in Table 12 indicates a decline in net balance sheet value due to instantaneous upward changes in rates. This MVE sensitivity is reported for both upward and downward rate shocks. 

Market Value of Equity Sensitivity		Table 12
	Estimated % Change in MVE
	March 31, 2018	December 31, 2017
Rate Change
+200 bps	(7.3)%	(7.6)%
+100 bps	(3.3)%	(3.3)%
-50 bps	1.1%	0.8%

The changes in MVE sensitivity at March 31, 2018 compared to December 31, 2017 were due to changes in the composition of our balance sheet as well as changes in market interest rates. While an instantaneous and severe shift in interest rates was used in this analysis to provide an estimate of exposure under these rate scenarios, we believe that a gradual shift in interest rates would have a much more modest impact.

Since MVE measures the discounted present value of cash flows over the estimated lives of instruments, the change in MVE does not directly correlate to the degree that earnings would be impacted over a shorter time horizon (i.e., the current year). Furthermore, MVE does not take into account factors such as future balance sheet growth, changes in product mix, changes in yield curve relationships, and changing product spreads that could mitigate the impact of changes in interest rates. The net interest income simulation and valuation analyses do not include actions that management may undertake to manage this risk in response to anticipated changes in interest rates.

Market Risk from Trading Activities

We manage market risk associated with trading activities using a comprehensive risk management approach, which includes VAR metrics, stress testing, and sensitivity analyses. Risk metrics are measured and monitored on a daily basis at both the trading desk and at the aggregate portfolio level to ensure exposures are in line with our risk appetite. Our risk measurement for covered positions subject to the Market Risk Rule takes into account trading exposures resulting from interest rate risk, equity risk, foreign exchange rate risk, credit spread risk, and commodity price risk.

For trading portfolios, VAR measures the estimated maximum loss from one or more trading positions, given a

specified confidence level and time horizon. VAR results are monitored daily against established limits. For risk management purposes, our VAR calculation is based on a historical simulation and measures the potential trading losses using a one-day holding period at a one-tail, 99% confidence level. This means that, on average, trading losses could exceed VAR one out of 100 trading days or two to three times per year. Due to inherent limitations of the VAR methodology, such as the assumption that past market behavior is indicative of future market performance, VAR is only one of several tools used to manage market risk. Other tools used to actively manage market risk include scenario analysis, stress testing, profit and loss attribution, and stop loss limits.

In addition to VAR, as required by the Market Risk Rule issued by the U.S. banking regulators, we calculate Stressed VAR, which is used as a component of the total market risk capital charge. We calculate the Stressed VAR risk measure using a ten-day holding period at a one-tail, 99% confidence level and employ a historical simulation approach based on a continuous twelve-month historical window selected to reflect a period of significant financial stress for our trading portfolio. The historical period used in the selection of the stress window encompasses all recent financial crises. Our Stressed VAR calculation uses the same methodology and models as VAR, which is a requirement under the Market Risk Rule. Table 13 presents VAR and Stressed VAR for the three months ended March 31, 2018 and 2017, as well as VAR by Risk Factor at March 31, 2018 and 2017.

Value at Risk Profile	Table 13
	Three Months Ended March 31
(Dollars in millions)	2018		2017
VAR (1-day holding period):
Period end		$2		$2
High	2		3
Low	1		2
Average	2		2
Stressed VAR (10-day holding period):
Period end		$68		$43
High	85		54
Low	25		22
Average	49		35
VAR by Risk Factor at period end (1-day holding period):
Equity risk		$2		$1
Interest rate risk	1		2
Credit spread risk	3		3
VAR total at period end (1-day diversified)	2		2

The trading portfolio, measured in terms of VAR, is predominantly comprised of four sub-portfolios of covered positions: (i) credit trading, (ii) fixed income securities, (iii) interest rate derivatives, and (iv) equity derivatives. The trading portfolio also contains other sub-portfolios, including foreign exchange rate and commodity derivatives; however, these trading risk exposures are not material. Our covered positions result primarily from underwriting and market making services for our clients, as well as associated risk mitigating hedging activity. The trading portfolio's VAR profile, presented in Table 13, is influenced by a variety of factors, including the size and composition of the portfolio, market volatility, and the

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correlation between different positions. Notwithstanding some changes in VAR risk factors within the underlying trading sub-portfolios, average daily VAR as well as period end VAR for the three months ended March 31, 2018 remained unchanged compared to the same period in 2017. Average Stressed VAR as well as period end Stressed VAR increased for the three months ended March 31, 2018 compared to the same period in 2017. These increases in Stressed VAR were driven by higher balance sheet usage in our credit trading portfolio, as well as higher stressed exposures associated with our equity derivatives portfolio. Nonetheless, our Stressed VAR levels remain within historical ranges. The trading portfolio of covered positions did not contain any correlation trading positions or on- or off-balance sheet securitization positions during the three months ended March 31, 2018 or 2017.

In accordance with the Market Risk Rule, we evaluate the accuracy of our VAR model through daily backtesting by

comparing aggregate daily trading gains and losses (excluding fees, commissions, reserves, net interest income, and intraday trading) from covered positions with the corresponding daily VAR-based measures generated by the model. As illustrated in the following graph for the twelve months ended March 31, 2018, there were no firmwide VAR backtesting exceptions during this period. The total number of VAR backtesting exceptions over the preceding twelve months is used to determine the multiplication factor for the VAR-based capital requirement under the Market Risk Rule. The capital multiplication factor increases from a minimum of three to a maximum of four, depending on the number of exceptions. There was no change in the capital multiplication factor over the preceding twelve months.

We have valuation policies, procedures, and methodologies for all covered positions. Additionally, trading positions are reported in accordance with U.S. GAAP and are subject to independent price verification. See Note 15, "Derivative Financial Instruments," and Note 16, "Fair Value Election and Measurement," to the Consolidated Financial Statements in this Form 10-Q, as well as the "Critical Accounting Policies" MD&A section of our 2017 Annual Report on Form 10-K for discussion of valuation policies, procedures, and methodologies.

Model risk management: Our approach regarding the validation and evaluation of the accuracy of our internal models, external models, and associated processes, includes developmental and implementation testing as well as ongoing monitoring and

maintenance performed by the various model developers, in conjunction with model owners. Our MRMG is responsible for the independent model validation of all trading risk models. The validation typically includes evaluation of all model documentation as well as model monitoring and maintenance plans. We regularly review the performance of all trading risk models through our model monitoring and maintenance process to preemptively address emerging developments in financial markets, assess evolving modeling approaches, and to identify potential model enhancement.

Stress testing: We use a comprehensive range of stress testing techniques to help monitor risks across trading desks and to augment standard daily VAR and other risk limits reporting. The stress testing framework is designed to quantify the impact of

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extreme, but plausible, stress scenarios that could lead to large unexpected losses. Our stress tests include historical repeats and simulations using hypothetical risk factor shocks. All trading positions within each applicable market risk category (interest rate risk, equity risk, foreign exchange rate risk, credit spread risk, and commodity price risk) are included in our comprehensive stress testing framework. We review stress testing scenarios on an ongoing basis and make updates as necessary to ensure that both current and emerging risks are captured appropriately.

Trading portfolio capital adequacy: We assess capital adequacy on a regular basis, which is based on estimates of our risk profile and capital positions under baseline and stressed scenarios. Scenarios consider significant risks, including credit risk, market risk, and operational risk. Our assessment of capital adequacy arising from market risk includes a review of risk arising from material portfolios of covered positions. See the “Capital Resources” section in this MD&A for additional discussion of capital adequacy.

Liquidity Risk Management

Liquidity risk is the risk of being unable, at a reasonable cost, to meet financial obligations as they come due. We manage liquidity risk consistent with our ER management practices in order to mitigate our three primary liquidity risks: (i) structural liquidity risk, (ii) market liquidity risk, and (iii) contingency liquidity risk. Structural liquidity risk arises from our maturity transformation activities and balance sheet structure, which may create differences in the timing of cash inflows and outflows. Market liquidity risk, which we also describe as refinancing or refunding risk, constitutes the risk that we could lose access to the financial markets or the cost of such access may rise to undesirable levels. Contingency liquidity risk arises from rare and severely adverse liquidity events; these events may be idiosyncratic or systemic, or a combination thereof.

We mitigate these risks utilizing a variety of tested liquidity management techniques in keeping with regulatory guidance and industry best practices. For example, we mitigate structural liquidity risk by structuring our balance sheet prudently so that we fund less liquid assets, such as loans, with stable funding sources, such as consumer and commercial deposits, long-term debt, and capital. We mitigate market liquidity risk by maintaining diverse borrowing resources to fund projected cash needs and structuring our liabilities to avoid maturity concentrations. We test contingency liquidity risk from a range of potential adverse circumstances in our contingency funding scenarios. These scenarios inform the amount of contingency liquidity sources we maintain as a liquidity buffer to ensure we can meet our obligations in a timely manner under adverse contingency liquidity events.

Governance. We maintain a comprehensive liquidity risk governance structure in keeping with regulatory guidance and industry best practices. Our Board, through the BRC, oversees liquidity risk management and establishes our liquidity risk appetite via a set of cascading risk limits. The BRC reviews and approves risk policies to establish these limits and regularly reviews reports prepared by senior management to monitor compliance with these policies. The Board charges the CEO with

determining corporate strategies in accordance with its risk appetite and the CEO is a member of our ALCO, which is the executive level committee with oversight of liquidity risk management. The ALCO regularly monitors our liquidity and compliance with liquidity risk limits, and also reviews and approves liquidity management strategies and tactics.

Management and Reporting Framework. Corporate Treasury, under the oversight of the ALCO, is responsible for managing consolidated liquidity risks we encounter in the course of our business. In so doing, Corporate Treasury develops and implements short-term and long-term liquidity management strategies, funding plans, and liquidity stress tests, and also monitors early warning indicators; all of which assist in identifying, measuring, monitoring, reporting, and managing our liquidity risks. Corporate Treasury primarily monitors and manages liquidity risk at the Parent Company and Bank levels as the non-bank subsidiaries are relatively small and ultimately rely upon the Parent Company as a source of liquidity in adverse environments. However, Corporate Treasury also monitors liquidity developments of, and maintains a regular dialogue with, our other legal entities.

MRM conducts independent oversight and governance of liquidity risk management activities. For example, MRM works with Corporate Treasury to ensure our liquidity risk management practices conform to applicable laws and regulations and evaluates key assumptions incorporated in our contingency funding scenarios.

Further, the internal audit function performs the risk assurance role for liquidity risk management. Internal audit conducts an independent assessment of the adequacy of internal controls, including procedural documentation, approval processes, reconciliations, and other mechanisms employed by liquidity risk management and MRM to ensure that liquidity risk is consistent with applicable policies, procedures, laws, and regulations.

LCR requirements under Regulation WW require large U.S. banking organizations to hold unencumbered high-quality liquid assets sufficient to withstand projected 30-day total net cash outflows, each as defined under the LCR rule. At March 31, 2018, our LCR calculated pursuant to the rule was above the 100% minimum regulatory requirement.

On December 19, 2016, the FRB published a final rule implementing public disclosure requirements for BHCs subject to the LCR that will require them to publicly disclose quantitative and qualitative information regarding their respective LCR calculations on a quarterly basis. We will be required to begin disclosing elements under this final rule for quarterly periods ending after October 1, 2018.

On May 3, 2016, the FRB, OCC, and the FDIC issued a joint proposed rule to implement the NSFR. The proposal would require large U.S. banking organizations to maintain a stable funding profile over a one-year horizon. The FRB proposed a modified NSFR requirement for BHCs with greater than $50 billion but less than $250 billion in total consolidated assets, and less than $10 billion in total on balance sheet foreign exposure. The proposed NSFR requirement seeks to (i) reduce vulnerability to liquidity risk in financial institution funding structures and (ii) promote improved standardization in the measurement, management and disclosure of liquidity risk. The

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proposed rule contains an implementation date of January 1, 2018; however, a final rule has not yet been issued.

Uses of Funds. Our primary uses of funds include the extension of loans and credit, the purchase of investment securities, working capital, and debt and capital service. The Bank borrows from the money markets using instruments such as Fed Funds, Eurodollars, and securities sold under agreements to repurchase. At March 31, 2018, the Bank retained a material cash position in its Federal Reserve account. The Parent Company also retained a material cash position in its account with the Bank in accordance with our policies and risk limits, discussed in greater detail below.

Sources of Funds. Our primary source of funds is a large, stable deposit base. Core deposits, predominantly made up of consumer and commercial deposits originated primarily from our retail branch network and Wholesale client base, are our largest and most cost-effective source of funding. Total deposits increased to $162.4 billion at March 31, 2018, from $160.8 billion at December 31, 2017.

We also maintain access to diversified sources for both secured and unsecured wholesale funding. These uncommitted sources include Fed Funds purchased from other banks, securities sold under agreements to repurchase, FHLB advances, and Global Bank Notes. Aggregate borrowings decreased to $14.3 billion at March 31, 2018, from $14.6 billion at December 31, 2017.

As mentioned above, the Bank and Parent Company maintain programs to access the debt capital markets. The Parent Company maintains an SEC shelf registration from which it may issue senior or subordinated notes and various capital securities, such as common or preferred stock. Our Board has authorized the issuance of up to $5.0 billion of such securities under the SEC shelf registration, of which $1.7 billion of issuance capacity remained available at both March 31, 2018 and December 31, 2017. See the “Recent Developments” section below for a discussion of the Parent Company's issuance subsequent to March 31, 2018 under this SEC shelf registration. See the "Capital Resources" section of this MD&A for additional information regarding our stock issuances.

The Bank maintains a Global Bank Note program under which it may issue senior or subordinated debt with various terms. In the first quarter of 2018, we issued $500 million of 5-year fixed rate senior notes and $750 million of 3-year fixed-to floating rate senior notes under this program. At March 31, 2018, the Bank retained $34.2 billion of remaining capacity to issue notes under the Global Bank Note program.

Our issuance capacity under these Bank and Parent Company programs refers to authorization granted by our Board, which is a formal program capacity and not a commitment to purchase by any investor. Debt and equity securities issued under these programs are designed to appeal primarily to domestic and international institutional investors. Institutional investor demand for these securities depends upon numerous factors, including, but not limited to, our credit ratings, investor perception of financial market conditions, and the health of the banking sector. Therefore, our ability to access these markets in the future could be impaired for either idiosyncratic or systemic reasons.

We assess liquidity needs that may occur in both the normal course of business and during times of unusual, adverse events, considering both on and off-balance sheet arrangements and commitments that may impact liquidity in certain business environments. We have contingency funding scenarios and plans that assess liquidity needs that may arise from certain stress events such as severe economic recessions, financial market disruptions, and credit rating downgrades. In particular, a ratings downgrade could adversely impact the cost and availability of some of our liquid funding sources. Factors that affect our credit ratings include, but are not limited to, the credit risk profile of our assets, the adequacy of our ALLL, the level and stability of our earnings, the liquidity profile of both the Bank and the Parent Company, the economic environment, and the adequacy of our capital base.

As illustrated in Table 14, at March 31, 2018, S&P has assigned a “Positive” outlook on our credit rating, while both Moody’s and Fitch maintained “Stable” outlooks. Future credit rating downgrades are possible, although not currently anticipated given these “Positive” and “Stable” credit rating outlooks.

Credit Ratings and Outlook			Table 14
	March 31, 2018
	Moody’s	S&P		Fitch
SunTrust Banks, Inc.:
Senior debt	Baa1	BBB+		A-
Preferred stock	Baa3	BB+		BB
SunTrust Bank:
Long-term deposits	A1	A-		A
Short-term deposits	P-1	A-2		F1
Senior debt	Baal	A-		A-
Outlook	Stable	Positive		Stable

Our investment portfolio is a use of funds and we manage the portfolio primarily as a store of liquidity, maintaining the majority of our securities in liquid and high-grade asset classes, such as agency MBS, agency debt, and U.S. Treasury securities; nearly all of these securities qualify as high-quality liquid assets under the U.S. LCR Final Rule. At March 31, 2018, our securities AFS portfolio contained $27.0 billion of unencumbered high-quality, liquid securities at market value.

As mentioned above, we evaluate contingency funding scenarios to anticipate and manage the likely impact of impaired capital markets access and other adverse liquidity circumstances. Our contingency plans also provide for continuous monitoring of net borrowed funds dependence and available sources of contingency liquidity. These contingency liquidity sources include available cash reserves, the ability to sell, pledge, or borrow against unencumbered securities in our investment portfolio, the capacity to borrow from the FHLB system or the Federal Reserve discount window, and the ability to sell or securitize certain loan portfolios. Table 15 presents period end and average balances of our contingency liquidity sources for the first quarters of 2018 and 2017. These sources exceed our contingency liquidity needs as measured in our contingency funding scenarios.

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Contingency Liquidity Sources							Table 15
	As of				Average for the Three Months Ended ¹
(Dollars in billions)	March 31, 2018		March 31, 2017		March 31, 2018		March 31, 2017
Excess reserves		$3.6		$4.7		$3.0		$3.3
Free and liquid investment portfolio securities	27.0		26.9		27.3		27.4
Unused FHLB borrowing capacity	25.5		22.4		23.9		20.7
Unused discount window borrowing capacity	17.6		17.0		18.0		17.2
Total		$73.7		$71.0		$72.2		$68.6

¹ Average based upon month-end data, except excess reserves, which is based upon a daily average.

Federal Home Loan Bank and Federal Reserve Bank Stock. We previously acquired capital stock in the FHLB of Atlanta as a precondition for becoming a member of that institution. As a member, we are able to take advantage of competitively priced advances as a wholesale funding source and to access grants and low-cost loans for affordable housing and community development projects, among other benefits. At both March 31, 2018 and December 31, 2017, we held a total of $15 million of capital stock in the FHLB of Atlanta. For both the three months ended March 31, 2018 and 2017, we recognized an immaterial amount of dividends related to FHLB capital stock.

Similarly, to remain a member of the Federal Reserve System, we are required to hold a certain amount of capital stock, determined as either a percentage of the Bank’s capital or as a percentage of total deposit liabilities. At both March 31, 2018 and December 31, 2017, we held $403 million of Federal Reserve Bank of Atlanta stock. For both the three months ended March 31, 2018 and 2017, we recognized an immaterial amount of dividends related to Federal Reserve Bank of Atlanta stock.

Parent Company Liquidity. Our primary measure of Parent Company liquidity is the length of time the Parent Company can meet its existing and forecasted obligations using its cash resources. We measure and manage this metric using forecasts from both normal and adverse conditions. Under adverse conditions, we measure how long the Parent Company can meet its capital and debt service obligations after experiencing material attrition of short-term unsecured funding and without the support of dividends from the Bank or access to the capital markets. In accordance with these risk limits established by ALCO and the Board, we manage the Parent Company’s liquidity by structuring its net maturity schedule to minimize the amount of debt maturing within a short period of time. A majority of the Parent Company’s liabilities are long-term in nature, coming from the proceeds of issuances of our capital securities and long-term senior and subordinated notes. See the “Borrowings” section of this MD&A, as well as Note 11, “Borrowings and Contractual Commitments,” to the Consolidated Financial Statements in our 2017 Annual Report on Form 10-K for further information regarding our debt.

We manage the Parent Company to maintain most of its liquid assets in cash and securities that it can quickly convert into cash. Unlike the Bank, it is not typical for the Parent Company to maintain a material investment portfolio of publicly traded securities. We manage the Parent Company cash balance

to provide sufficient liquidity to fund all forecasted obligations (primarily debt and capital service) for an extended period of months in accordance with our risk limits.

The primary uses of Parent Company liquidity include debt service, dividends on capital instruments, the periodic purchase of investment securities, loans to our subsidiaries, and common share repurchases. See further details of the authorized common share repurchases in the “Capital Resources” section of this MD&A and in Part II, Item 2, “Unregistered Sales of Equity Securities and Use of Proceeds” in this Form 10-Q. We fund corporate dividends with Parent Company cash, the primary sources of which are dividends from our banking subsidiary and proceeds from the issuance of debt and capital securities. We are subject to both state and federal banking regulations that limit our ability to pay common stock dividends in certain circumstances.

Recent Developments.In the second quarter of 2018, we issued $850 million of 7-year senior notes that pay a fixed annual coupon rate of 4.00% under our Parent Company SEC shelf registration. We may call these notes at any time or from time to time prior to March 1, 2025 under a "make-whole" provision, and they mature on May 1, 2025. This issuance allowed us to supplement our funding sources at a favorable borrowing rate and increase Parent Company liquidity.

Other Liquidity Considerations. As presented in Table 16, we had an aggregate potential obligation of $89.8 billion to our clients in unused lines of credit at March 31, 2018. Commitments to extend credit are arrangements to lend to clients who have complied with predetermined contractual obligations. We also had $2.6 billion in letters of credit outstanding at March 31, 2018, most of which are standby letters of credit, which require that we provide funding if certain future events occur. Approximately $229 million of these letters supported variable rate demand obligations at March 31, 2018. Unused commercial lines of credit increased since December 31, 2017, driven by increased production, offset slightly by a decrease in overall utilization rates. Residential mortgage commitments also increased since December 31, 2017, due primarily to higher IRLC volume during the three months ended March 31, 2018. Additionally, unused CRE lines of credit decreased since December 31, 2017, driven primarily by increased utilization of existing CRE lines of credit.

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Unfunded Lending Commitments							Table 16
	As of				Average for the Three Months Ended
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		March 31, 2017
Unused lines of credit:
Commercial		$61,819		$59,625		$60,722		$58,365
Residential mortgage commitments 1	3,378		3,036		3,207		4,415
Home equity lines	10,173		10,086		10,130		10,345
CRE 2	3,887		4,139		4,013		4,484
Credit card	10,582		10,533		10,557		9,942
Total unused lines of credit		$89,839		$87,419		$88,629		$87,551
Letters of credit:
Financial standby		$2,427		$2,453		$2,440		$2,720
Performance standby	120		125		122		130
Commercial	15		14		15		14
Total letters of credit		$2,562		$2,592		$2,577		$2,864

¹ Includes residential mortgage IRLCs with notional balances of $1.8 billion and $1.7 billion at March 31, 2018 and December 31, 2017, respectively.

² Includes commercial mortgage IRLCs and other commitments with notional balances of $193 million and $240 million at March 31, 2018 and December 31, 2017, respectively.

Other Market Risk

Except as discussed below, there have been no other significant changes to other market risk as described in our 2017 Annual Report on Form 10-K.

We measure our residential MSRs at fair value on a recurring basis and hedge the risk associated with changes in fair value. Residential MSRs totaled $1.9 billion and $1.7 billion at March 31, 2018 and December 31, 2017, respectively, and are managed and monitored as part of a comprehensive risk governance process, which includes established risk limits.

We originated residential MSRs with fair values at the time of origination of $76 million and $96 million during the first quarter of 2018 and 2017, respectively. Additionally, we purchased residential MSRs with a fair value of approximately $74 million during the first quarter of 2018. No residential MSRs were purchased during the first quarter of 2017.

We recognized a mark-to-market increase in the fair value of the residential MSR portfolio of $56 million and a decrease of $23 million during the first quarter of 2018 and 2017, respectively. Changes in fair value include the decay resulting from the realization of monthly net servicing cash flows. We recognized net losses related to residential MSRs, inclusive of fair value changes and related hedges, of $53 million and $43 million during the first quarter of 2018 and 2017, respectively. Compared to the prior year quarter, the increase in net losses related to residential MSRs was primarily driven by higher decay combined with a decrease in net hedge performance in the current period. All other servicing rights, which include commercial mortgage and consumer indirect loan servicing rights, are not measured at fair value on a recurring basis, and therefore, are not subject to the same market risks associated with residential MSRs.

OFF-BALANCE SHEET ARRANGEMENTS

In the ordinary course of business we engage in certain activities that are not reflected in our Consolidated Balance Sheets, generally referred to as "off-balance sheet arrangements." These activities involve transactions with unconsolidated VIEs as well as other arrangements, such as commitments and guarantees, to meet the financing needs of our clients and to support ongoing operations. Additional information regarding these types of activities is included in the "Liquidity Risk Management" section of this MD&A, Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities" and Note 14, "Guarantees," to the Consolidated Financial Statements in this Form 10-Q, as well as in our 2017 Annual Report on Form 10-K.

Contractual Obligations

In the normal course of business, we enter into certain contractual obligations, including obligations to make future payments on our borrowings, partnership investments, and lease arrangements, as well as commitments to lend to clients and to fund capital expenditures and service contracts.

Except for changes in unfunded lending commitments (presented in Table 16 within the "Liquidity Risk Management"

section of this MD&A), borrowings (presented in the "Borrowings" section of this MD&A), and pension and other postretirement benefit plans (disclosed in Note 13, "Employee Benefit Plans," to the Consolidated Financial Statements in this Form 10-Q), there have been no material changes in our contractual obligations from those disclosed in our 2017 Annual Report on Form 10-K.

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BUSINESS SEGMENTS

See Note 18, "Business Segment Reporting," to the Consolidated Financial Statements in this Form 10-Q for a description of our business segments, basis of presentation, internal management

reporting methodologies, and additional information. Table 17 presents net income for our reportable business segments:

Net Income by Business Segment				Table 17
	Three Months Ended March 31
(Dollars in millions)	2018			2017 1
Consumer		$295			$178
Wholesale	390			283
Corporate Other	(3		)	57
Reconciling Items 2	(39		)	(50		)
Total Corporate Other	(42		)	7
Consolidated Net Income		$643			$468

¹ During the fourth quarter of 2017, we sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

² Reflects differences between net income reported for each business segment using management accounting practices and U.S. GAAP. Prior period information has been restated to reflect changes in internal reporting methodology. See additional information in Note 18, "Business Segment Reporting," to the Consolidated Financial Statements in this Form 10-Q.

Table 18 presents average LHFI and average deposits for our reportable business segments:

Average LHFI and Deposits by Business Segment							Table 18
	Three Months Ended March 31
	Average LHFI				Average Consumer and Commercial Deposits
(Dollars in millions)	2018		2017 1		2018		2017 1
Consumer		$74,093		$71,147		$103,099		$101,941
Wholesale	68,741		71,237		56,050		56,866
Corporate Other	86		1,286		20		67

¹ During the fourth quarter of 2017, we sold PAC, the assets and liabilities of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's assets and liabilities, including loans and deposits, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

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BUSINESS SEGMENT RESULTS

Three Months Ended March 31, 2018 versus Three Months Ended March 31, 2017

Consumer

Consumer reported net income of $295 million for the three months ended March 31, 2018, an increase of $117 million, or 66%, compared to the same period in 2017. The increase was driven primarily by higher net interest income and lower provision for credit losses, noninterest expense, and provision for income taxes, offset partially by lower noninterest income.

Net interest income was $961 million, an increase of $67 million, or 7%, compared to the same period in 2017, driven primarily by improved deposit spreads and LHFI growth. Net interest income related to deposits increased $68 million, or 13%, driven by an increase in deposit spreads and a $1.2 billion, or 1%, increase in average deposit balances. Net interest income on earning assets decreased $3 million, or 1%, driven primarily by lower mortgage LHFS balances. Net interest income related to LHFI increased $4 million, or 1%, driven by increases in yields and growth across most consumer loan balances.

Provision for credit losses was $60 million, a decrease of $28 million, or 32%, compared to the same period in 2017. The decrease was driven by lower net charge-offs and improved credit quality.

Total noninterest income was $443 million, a decrease of $21 million, or 5%, compared to the same period in 2017. The decrease was driven primarily by lower mortgage production related income.

Total noninterest expense was $966 million, a decrease of $26 million, or 3%, compared to the same period in 2017. The decrease was driven largely by favorable developments with certain legal matters, lower branch network-related activities, and lower fraud losses.

Wholesale

Wholesale reported net income of $390 million for the three months ended March 31, 2018, an increase of $107 million, or 38%, compared to the same period in 2017. The increase was due to lower provision for credit losses, provision for income taxes, and higher net interest income, offset partially by lower noninterest income.

Net interest income was $583 million, an increase of $22 million, or 4%, compared to the same period in 2017, driven primarily by improved spreads on both deposits and equity, offset partially by declines in loan and deposit volume. Net interest income related to deposits increased $32 million, or 14%, as a result of improved spreads, offset partially by decreased deposit volumes. Average deposit balances decreased $816 million, or 1%, as a result of decreases in money market accounts and DDAs, offset partially by increases in interest-bearing transaction accounts and business CD products. Net interest income related to LHFI decreased $19 million, or 6%, as a result of lower loan volume and spreads. The 2017 Tax Act specifically impacted tax

exempt loan and lease spreads, accounting for $15 million of the $19 million year-over-year decline in net interest income related to LHFI. Average loans decreased $2.5 billion, or 4%, primarily in C&I loans. Net interest income related to equity increased $14 million, or 31%, due to higher equity balances and spreads.

Provision for credit losses was a benefit of $32 million, a decrease of $64 million compared to the same period in 2017. The decrease was due to lower loan volumes and continued improvement in overall Wholesale credit quality.

Total noninterest income was $371 million, a decrease of $30 million, or 7%, compared to the same period in 2017. The decrease was driven largely by lower investment banking income, which decreased$36 million, or 22%, as a result of declines in debt capital markets activity and a $10 million, or 27%, decrease in tax credits driven by the lower effective tax rate for the three months ended March 31, 2018. These decreases were offset partially by a $23 million remeasurement gain on an equity investment following our adoption of the recognition and measurement of financial assets accounting standard on January 1, 2018.

Total noninterest expense was $477 million, a decrease of $2 million compared to the same period in 2017. The decrease was due to lower headcount and incentive related compensation and lower functional support expense, offset partially by higher investment banking transaction expenses related to the impact of adopting the revenue recognition accounting standard on January 1, 2018, and higher amortization expense associated with STCC tax credit investments.

Corporate Other

Corporate Other net income was a net loss of $3 million for the three months ended March 31, 2018, a decrease of $60 million compared to the same period in 2017. The decrease in net income was due primarily to lower net interest income.

Net interest income was a net expense of $27 million, a decrease of $54 million compared to the same period in 2017. The decrease was driven by lower commercial loan-related swap income due to higher benchmark interest rates, as well as the sale of PAC in December 2017. Average long-term debt decreased $1.4 billion, or 13%, driven by balance sheet management activities.

Total noninterest income was $14 million, a decrease of $10 million, or 42%, compared to the same period in 2017. The decrease was due primarily to lower trading income and other noninterest income.

Total noninterest expense was a benefit of $21 million for the three months ended March 31, 2018. The benefit increased $19 million compared to the same period in 2017 as a result of lower internal expense allocations during the current period.

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Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures				Table 19
(Dollars in millions and shares in thousands, except per share data)
	Three Months Ended March 31
Selected Financial Data	2018			2017
Summary of Operations:
Interest income		$1,668			$1,528
Interest expense	227			162
Net interest income	1,441			1,366
Provision for credit losses	28			119
Net interest income after provision for credit losses	1,413			1,247
Noninterest income	796			847
Noninterest expense	1,417			1,465
Income before provision for income taxes	792			629
Provision for income taxes	147			159
Net income attributable to noncontrolling interest	2			2
Net income		$643			$468
Net income available to common shareholders		$612			$451
Net interest income-FTE 1		$1,461			$1,400
Total revenue	2,237			2,213
Total revenue-FTE 1	2,257			2,247
Net income per average common share:
Diluted		$1.29			$0.91
Basic	1.31			0.92
Dividends declared per common share	0.40			0.26
Book value per common share	47.14			45.62
Tangible book value per common share 2	33.97			33.05
Market capitalization	31,959			26,860
Market price per common share:
High		$73.37			$61.69
Low	64.32			52.71
Close	68.04			55.30
Selected Average Balances:
Total assets		$204,132			$204,252
Earning assets	182,874			183,606
LHFI	142,920			143,670
Intangible assets including residential MSRs	8,244			8,026
Residential MSRs	1,833			1,604
Consumer and commercial deposits	159,169			158,874
Preferred stock	2,390			1,225
Total shareholders’ equity	24,605			23,671
Average common shares - diluted	473,620			496,002
Average common shares - basic	468,723			490,091
Financial Ratios (Annualized):
ROA	1.28		%	0.93		%
ROE	11.23			8.19
ROTCE 3	15.60			11.28
Net interest margin	3.20			3.02
Net interest margin-FTE 1	3.24			3.09
Efficiency ratio 4	63.35			66.20
Efficiency ratio-FTE 1, 4	62.77			65.19
Tangible efficiency ratio-FTE 1, 4, 5	62.11			64.60
Total average shareholders’ equity to total average assets	12.05			11.59
Tangible common equity to tangible assets 6	8.04			8.06
Common dividend payout ratio	30.6			28.3

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Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures (continued)
Selected Financial Data (continued)	Three Months Ended March 31
Capital Ratios at period end 7:	2018		2017
CET1	9.84	%	9.69	%
Tier 1 capital	11.00		10.40
Total capital	12.90		12.37
Leverage	9.75		9.08

(Dollars in millions, except per share data)	Three Months Ended March 31
Reconcilement of Non-U.S. GAAP Measures	2018			2017
Net interest margin	3.20		%	3.02		%
Impact of FTE adjustment	0.04			0.07
Net interest margin-FTE 1	3.24		%	3.09		%
Efficiency ratio 4	63.35		%	66.20		%
Impact of FTE adjustment	(0.58		)	(1.01		)
Efficiency ratio-FTE 1, 4	62.77			65.19
Impact of excluding amortization related to intangible assets and certain tax credits	(0.66		)	(0.59		)
Tangible efficiency ratio-FTE 1, 4, 5	62.11		%	64.60		%
ROE	11.23		%	8.19		%
Impact of removing average intangible assets other than residential MSRs and other servicing rights from average common shareholders' equity, and removing related pre-tax amortization expense from net income available to common shareholders	4.37			3.09
ROTCE 3	15.60		%	11.28		%
Net interest income		$1,441			$1,366
FTE adjustment	20			34
Net interest income-FTE 1	1,461			1,400
Noninterest income	796			847
Total revenue-FTE 1		$2,257			$2,247
(Dollars in millions, except per share data)	March 31, 2018			March 31, 2017
Total shareholders’ equity		$24,269			$23,484
Goodwill, net of deferred taxes 8	(6,172		)	(6,086		)
Other intangible assets (including residential MSRs and other servicing rights)	(1,996		)	(1,729		)
Residential MSRs and other servicing rights	1,981			1,711
Tangible equity 6	18,082			17,380
Noncontrolling interest	(101		)	(101		)
Preferred stock	(2,025		)	(1,225		)
Tangible common equity 6		$15,956			$16,054
Total assets		$204,885			$205,642
Goodwill	(6,331		)	(6,338		)
Other intangible assets (including residential MSRs and other servicing rights)	(1,996		)	(1,729		)
Residential MSRs and other servicing rights	1,981			1,711
Tangible assets		$198,539			$199,286
Tangible common equity to tangible assets 6	8.04		%	8.06		%
Tangible book value per common share 2		$33.97			$33.05

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Selected Financial Data and Reconcilement of Non-U.S. GAAP Measures (continued)
(Dollars in millions)
Reconciliation of PPNR9	Three Months Ended March 31, 2018
Income before provision for income taxes		$792
Provision for credit losses	28
Less:
Net securities gains	1
PPNR		$819

¹ We present net interest income-FTE, total revenue-FTE, net interest margin-FTE, efficiency ratio-FTE, and tangible efficiency ratio-FTE on a fully taxable-equivalent ("FTE") basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments using a federal tax rate of 21% for all periods beginning on or after January 1, 2018 and 35% for all periods prior to January 1, 2018, as well as state income taxes, where applicable, to increase tax-exempt interest income to a taxable-equivalent basis. We believe the FTE basis is the preferred industry measurement basis for these measures and that it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue-FTE is calculated as net interest income-FTE plus noninterest income. Net interest margin-FTE is calculated by dividing annualized net interest income-FTE by average total earning assets.

² We present tangible book value per common share, which removes the after-tax impact of purchase accounting intangible assets, noncontrolling interest, and preferred stock from shareholders' equity. We believe this measure is useful to investors because, by removing the amount of intangible assets that result from merger and acquisition activity, and removing the amounts of noncontrolling interest and preferred stock that do not represent our common shareholders' equity, it allows investors to more easily compare our capital position to other companies in the industry.

³  We present ROTCE, which removes the after-tax impact of purchase accounting intangible assets from average common shareholders' equity and removes the related intangible asset amortization from net income available to common shareholders. We believe this measure is useful to investors because, by removing the amount of intangible assets that result from merger and acquisition activity and related pre-tax amortization expense (the level of which may vary from company to company), it allows investors to more easily compare our ROTCE to other companies in the industry who present a similar measure. We also believe that removing these items provides a more relevant measure of our return on common shareholders' equity. This measure is utilized by management to assess our profitability.

⁴ Efficiency ratio is computed by dividing noninterest expense by total revenue. Efficiency ratio-FTE is computed by dividing noninterest expense by total revenue-FTE.

⁵ We present tangible efficiency ratio-FTE, which excludes amortization related to intangible assets and certain tax credits. We believe this measure is useful to investors because, by removing the impact of amortization (the level of which may vary from company to company), it allows investors to more easily compare our efficiency to other companies in the industry. This measure is utilized by management to assess our efficiency and that of our lines of business.

⁶ We present certain capital information on a tangible basis, including the ratio of tangible common equity to tangible assets, tangible equity, and tangible common equity, which removes the after-tax impact of purchase accounting intangible assets. We believe these measures are useful to investors because, by removing the amount of intangible assets that result from merger and acquisition activity (the level of which may vary from company to company), it allows investors to more easily compare our capital position to other companies in the industry. These measures are utilized by management to analyze capital adequacy.

⁷ Basel III capital ratios are calculated under the standardized approach using regulatory capital methodology applicable to us for each period presented, including the phase-in of transition provisions.

⁸ Net of deferred taxes of $159 million and $252 million at March 31, 2018 and 2017, respectively.

⁹ We present the reconciliation of PPNR because it is a performance metric utilized by management and in certain of our compensation plans. PPNR impacts the level of awards if certain thresholds are met. We believe this measure is useful to investors because it allows investors to compare our PPNR to other companies in the industry who present a similar measure.

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Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

See the “Enterprise Risk Management” section of the MD&A in this Form 10-Q, which is incorporated herein by reference.

Item 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

The Company's management conducted an evaluation, under the supervision and with the participation of its CEO and CFO, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act) at March 31, 2018. The Company’s disclosure controls and procedures are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the SEC, and that such information is accumulated and communicated to the Company’s management, including its CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure. Based upon the evaluation, the CEO and CFO

concluded that the Company’s disclosure controls and procedures were effective at March 31, 2018.

Changes in Internal Control over Financial Reporting

Effective January 1, 2018, the Company adopted several new accounting standards and implemented relevant changes to its control activities and processes to monitor and maintain appropriate internal controls over financial reporting. There were no other changes to the Company’s internal control over financial reporting during the three months ended March 31, 2018 that materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting. Refer to the Company's 2017 Annual Report on Form 10-K for additional information.

PART II - OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

The Company and its subsidiaries are parties to numerous claims and lawsuits arising in the normal course of its business activities, some of which involve claims for substantial amounts. Although the ultimate outcome of these suits cannot be ascertained at this time, it is the opinion of management that none of these matters, when resolved, will have a material effect on the Company’s consolidated results of operations, cash flows, or financial condition. For additional information, see Note 17, “Contingencies,” to the Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q, which is incorporated herein by reference.

Item 1A. RISK FACTORS

The risks described in this report and in the Company's 2017 Annual Report on Form 10-K are not the only risks facing the Company. Additional risks and uncertainties not currently known, or that the Company currently deems to be immaterial, also may adversely affect the Company's business, financial condition, or future results. In addition to the other information set forth in this report, factors discussed in Part I, Item 1A., “Risk Factors,” in the Company's 2017 Annual Report on Form 10-K, which could materially affect the Company's business, financial condition, or future results, should be carefully considered.

Additionally, we update the “Risk Factors” section contained in the Company's 2017 Annual Report on Form 10-K by replacing the existing risk factors, “Our controls and procedures may not prevent or detect all errors or acts of fraud,” “We are at risk of increased losses from fraud,” and “Our operational and communications systems and infrastructure may fail or may be the subject of a breach or cyber-attack that, if successful, could adversely affect our business and disrupt business continuity,” with the following three risk factors:

Our controls and procedures may not prevent or detect all errors or acts of fraud.

Our controls and procedures are designed to provide reasonable assurance that information required to be disclosed by us in reports we file or submit under the Exchange Act is accurately accumulated and communicated to management, and recorded, processed, summarized, and reported within the time periods specified in the SEC's rules and forms. We believe that any disclosure controls and procedures or internal controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met, due to certain inherent limitations. These limitations include the realities that judgments in decision making can be faulty, that alternative reasoned judgments can be drawn, and that breakdowns can occur because of an error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, whether within or outside of the Company, by collusion of two or more

96

such people or by an unauthorized override of the controls. Accordingly, because of the inherent limitations in our control system, misstatements due to error or fraud may occur and not be detected, which could result in a material weakness in our internal controls over financial reporting and/or the restatement of previously filed financial statements.

We are at risk of increased losses from fraud.

Criminals committing fraud increasingly are using more sophisticated techniques, and in some cases, are a part of larger criminal rings, which allow them to be more effective.

Fraudulent activity has taken many forms and escalates as more tools for accessing financial services emerge, such as real-time payments. Fraud schemes, including occurrences of employee fraud, information theft, or other malfeasance, are broad and continuously evolving and include such things as debit card/credit card fraud, check fraud, mechanical devices attached to ATM machines, social engineering and phishing attacks to obtain personal information, or impersonation of our clients through the use of falsified or stolen credentials. See the “Executive Overview” section of the MD&A in this Form 10-Q for additional information regarding a theft by a former employee of information from some of our contact lists. Additionally, an individual or business entity may properly identify themselves, yet seek to establish a business relationship for the purpose of perpetrating fraud. An emerging type of fraud even involves the creation of synthetic identification in which fraudsters “create” individuals for the purpose of perpetrating fraud. Further, in addition to fraud committed against us, we may suffer losses as a result of fraudulent activity committed against third parties. Increased deployment of technologies, such as chip card technology, defray and reduce aspects of fraud; however, criminals are turning to other sources to steal personally identifiable information, such as unaffiliated healthcare providers and government entities, in order to impersonate the consumer to commit fraud. Many of these data compromises have been widely reported in the media. Further, as a result of the increased sophistication of fraud activity, we have increased our spending on systems, resources, and controls to detect and prevent fraud, as well as increased spending to provide certain credit monitoring and identity theft protection services to our Consumer clients. This will result in continued ongoing investments in the future.

Our operational and communications systems and infrastructure may fail or may be the subject of a breach or cyber-attack that, if successful, could adversely affect our business and disrupt business continuity.

We depend on our ability to process, record, and monitor a large number of client transactions and to communicate with clients and other institutions on a continuous basis. As client, industry, public, and regulatory expectations regarding operational and information security have increased, our operational systems and infrastructure continue to be safeguarded and monitored for potential failures, disruptions, and breakdowns, whether as a result of events beyond our control or otherwise.

Our business, financial, accounting, data processing, or other operating systems and facilities may stop operating

properly or become disabled or damaged as a result of a number of factors, including events that are wholly or partially beyond our control. For example, there could be sudden increases in client transaction volume; electrical or telecommunications outages; natural disasters such as earthquakes, tornadoes, floods, and hurricanes; disease pandemics; events arising from local or larger scale political or social matters, including terrorist acts; occurrences of employee error, fraud, theft, or malfeasance; and, as described below, cyber-attacks.

Although we have business continuity plans and other safeguards in place, our operations and communications may be adversely affected by significant and widespread disruption to our systems and infrastructure that support our businesses and clients. While we continue to evolve and modify our business continuity plans, there can be no assurance in an escalating threat environment that they will be effective in avoiding disruption and business impacts. Our insurance may not be adequate to compensate us for all resulting losses, and the cost to obtain adequate coverage may increase for us or the industry.

Security risks for financial institutions such as ours have dramatically increased in recent years in part because of the proliferation of new technologies, the use of the internet and telecommunications technologies to conduct financial transactions, and the increased sophistication, resources, and activities of hackers, terrorists, activists, industrial spies, insider bad actors, organized crime, and other external parties, including nation state actors. In addition, to access our products and services, clients may use devices or software that are beyond our control environment, which may provide additional avenues for attackers to gain access to confidential information. Although we have information security procedures and controls in place, our technologies, systems, networks, and clients' devices and software may become the target of cyber-attacks, information security breaches, or information theft that could result in the unauthorized release, gathering, monitoring, misuse, loss, change, or destruction of our or our clients' confidential, proprietary and other information (including personal identifying information of individuals), or otherwise disrupt our or our clients' or other third parties' business operations. Other U.S. financial institutions and financial service companies have reported breaches in the security of their websites or other systems, including attempts to shut down access to their networks and systems in an attempt to extract compensation from them to regain control. Financial institutions, including SunTrust, have experienced distributed denial-of-service attacks, a sophisticated and targeted attack intended to disable or degrade internet service or to sabotage systems.

We and others in our industry are regularly the subject of attempts by attackers to gain unauthorized access to our networks, systems, and data, or to obtain, change, or destroy confidential data (including personal identifying information of individuals) through a variety of means, including computer viruses, malware, and phishing. In the future, these attacks may result in unauthorized individuals obtaining access to our confidential information or that of our clients, or otherwise accessing, damaging, or disrupting our systems or infrastructure.

We are continuously developing and enhancing our controls, processes, and practices designed to protect our systems, computers, software, data, and networks from attack, damage,

97

or unauthorized access. This continued development and enhancement will require us to expend additional resources, including to investigate and remediate any information security vulnerabilities that may be detected. Despite our ongoing investments in security resources, talent, and business practices, we are unable to assure that any security measures will be effective.

If our systems and infrastructure were to be breached, damaged, or disrupted, or if we were to experience a loss of our

confidential information or that of our clients, we could be subject to serious negative consequences, including disruption of our operations, damage to our reputation, a loss of trust in us on the part of our clients, vendors or other counterparties, client attrition, reimbursement or other costs, increased compliance costs, significant litigation exposure and legal liability, or regulatory fines, penalties or intervention. Any of these could materially and adversely affect our results of operations, our financial condition, and/or our share price.

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

(a) None.

(b) None.

(c) Issuer Purchases of Equity Securities:

				Table 20
	Common Stock 1
	Total Number of Shares Purchased	Average Price Paid per Share	Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Approximate Dollar Value of Equity that May Yet Be Purchased Under the Plans or Programs at Period End (in millions)
January 1 - 31	4,550,359	$68.03	4,550,359	$350
February 1 - 28	287,254	71.08	287,254	330
March 1 - 31	—	—	—	330
Total during first quarter of 2018	4,837,613	$68.22	4,837,613	$330

¹ During the three months ended March 31, 2018, no shares of SunTrust common stock were surrendered by participants in SunTrust's employee stock option plans, where participants may pay the exercise price upon exercise of SunTrust stock options by surrendering shares of SunTrust common stock that the participant already owns. SunTrust considers any such shares surrendered by participants in SunTrust's employee stock option plans to be repurchased pursuant to the authority and terms of the applicable stock option plan rather than pursuant to publicly announced share repurchase programs.

On June 28, 2017, the Company announced that the Federal Reserve had no objections to the repurchase of up to $1.32 billion of the Company's outstanding common stock to be completed between July 1, 2017 and June 30, 2018, as part of the Company's 2017 capital plan submitted in connection with the 2017 CCAR.

During the first quarter of 2018, the Company repurchased $330 million of its outstanding common stock at market value as part of this publicly announced 2017 capital plan. At March 31, 2018, the Company had $330 million of remaining common stock repurchase capacity available under its 2017 capital plan (reflected in the table above). In April 2018, the Company repurchased an additional $330 million of its common stock at market value, which completed its $1.32 billion of common equity repurchases as approved by the Board in conjunction with the 2017 capital plan.

At March 31, 2018, a total of 2.2 million Series A and B warrants to purchase the Company's common stock remained

outstanding. The Series A and B warrants have expiration dates of December 2018 and November 2018, respectively.

As previously announced, the Company redeemed all 4,500 issued and outstanding shares of its Series E Preferred Stock on March 15, 2018 in accordance with the terms of the Series E Preferred Stock. The Company did not repurchase any shares of its Series A Preferred Stock, Series B Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, or Series H Preferred Stock during the first quarter of 2018, and there was no unused Board authority to repurchase any shares of Series A Preferred Stock, Series B Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, or Series H Preferred Stock.

Refer to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's equity securities.

98

Item 3. DEFAULTS UPON SENIOR SECURITIES

None.

Item 4. MINE SAFETY DISCLOSURES

Not applicable.

Item 5. OTHER INFORMATION

None.

Item 6. EXHIBITS

Exhibit	Description
3.1	Amended and Restated Articles of Incorporation, restated effective January 20, 2009, incorporated by reference to Exhibit 4.1 to the registrant's Current Report on Form 8-K filed January 22, 2009, as further amended by (i) Articles of Amendment dated December 13, 2012, incorporated by reference to Exhibit 3.1 and 4.1 to the registrant's Current Report on Form 8-K filed December 20, 2012, (ii) the Articles of Amendment dated November 6, 2014, incorporated by reference to Exhibit 3.1 and 4.1 to the registrant's Current Report on Form 8-K filed November 7, 2014, (iii) the Articles of Amendment dated May 2, 2017, incorporated by reference to Exhibit 3.1 to the registrant's Current Report on Form 8-K filed May 2, 2017, and (iv) the Articles of Amendment dated November 13, 2017, incorporated by reference to Exhibit 3.1 to the registrant's Current Report on Form 8-K filed November 14, 2017.	*
3.2	Bylaws of the Registrant, as amended and restated on August 11, 2015, incorporated by reference to Exhibit 3.2 to the registrant's Quarterly Report on Form 10-Q filed August 13, 2015.	*
10.1	SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan, incorporated by reference to Appendix B to Registrant's definitive Proxy Statement filed March 9, 2018.	*
10.2	Form of Non-employee Director Restricted Stock Award Agreement, under 2018 Omnibus Incentive Compensation Plan.	**
10.3	Form of Performance-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type I.	**
10.4	Form of Performance-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type II.	**
10.5	Form of Time-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type I.	**
10.6	Form of Time-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type II.	**
10.7	Form of Time-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type III.	**
10.8	Form of Time-Vested Restricted Stock Unit Award Agreement, under 2018 Omnibus Incentive Compensation Plan, Type IV.	**
31.1	Certification of Chairman and Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.	**
31.2	Certification of Corporate Executive Vice President and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.	**
32.1	Certification of Chairman and Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.	**
32.2	Certification of Corporate Executive Vice President and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.	**
101.1	Interactive Data File.	**

*	incorporated by reference
**	filed herewith

99

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		SUNTRUST BANKS, INC.
		(Registrant)
Date:	May 4, 2018	By: /s/ R. Ryan Richards
		R. Ryan Richards, Senior Vice President, Controller (on behalf of the registrant and as Principal Accounting Officer)

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EX-10.2

EXHIBIT 10.2

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

Non-Employee Director

Restricted Stock Agreement

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, upon the recommendation of the Governance and Nominating Committee of its Board of Directors and pursuant to action of the Compensation Committee (“Committee”) in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted shares of SunTrust Common Stock, $1.00 par value (“Restricted Stock”), upon the following terms as an incentive for Grantee to promote the interests of SunTrust and its Subsidiaries.

Name of Grantee		[Name]
Shares of Restricted Stock		[# of Shares]
Grant Date		[Grant Date]
Closing Price of SunTrust Stock on Grant Date	$

This Non-Employee Director Restricted Stock Agreement (the “Stock Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK AGREEMENT

§ 1. EFFECTIVE DATE. This Grant of Restricted Stock to the Grantee is effective as of [Grant Date] (“Grant Date”).

§ 2. VESTING. All shares of Restricted Stock subject to this Grant shall vest upon the earlier of (a) the first (1^st) anniversary of the Grant Date, and (b) the next annual meeting of shareholders of the Company (“Vesting Date”), provided that Grantee remains an active member of SunTrust’s Board of Directors (“Board”) through that date and such shares have not previously vested or been forfeited pursuant to § 3.

§ 3. ACCELERATED VESTING.

(a) If the Grantee’s membership on the Board terminates prior to the Vesting Date as a result of the Grantee’s (i) death; (ii) disability within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended; or (iii) attainment of mandatory retirement age for Board members, then a pro rata number of shares of Restricted Stock shall be vested on the date of the Grantee’s departure from the Board, equal to the product of: (A) the number of shares of Restricted Stock that are not then vested; multiplied by (B) a fraction, the numerator of which is equal to the number of days since the Grant Date through the date of such termination of membership on the Board, and the denominator of which is equal to the number of days from the Grant Date through the Vesting Date.

(b) If there is a Change in Control of SunTrust followed by the involuntary termination of the Grantee’s membership on the Board prior to the Vesting Date and if such termination is not a Termination for Cause, then any shares of Restricted Stock not previously vested or forfeited shall become vested on the date of such termination. For purposes of this § 3(b), “Termination for Cause” means termination of membership on the Board which is made primarily because of (i) Grantee’s commission of a felony, or Grantee’s perpetration of a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud against SunTrust or any Subsidiary, or (ii) any other willful act or omission of the Grantee which is materially injurious to the financial condition or business reputation of SunTrust or any Subsidiary.

(c) If the Grantee’s membership on the Board terminates prior to the Vesting Date for any reason other than those described in § 3(a) or § 3(b), then any shares of Restricted Stock that are not then vested shall be completely forfeited on the date of such termination.

§ 4. GRANTEE’S RIGHTS DURING RESTRICTED PERIOD.

(a) During any period when the shares of Restricted Stock are forfeitable, the Grantee may generally exercise all the rights, powers, and privileges of a shareholder with respect to the shares of Restricted Stock, including the right to vote such shares and to receive all regular cash dividends and any stock dividends, and such other distributions as the Committee may designate in its sole discretion, that are paid or distributed on such shares of Restricted Stock. Any Stock dividends declared on a share of Restricted Stock shall be treated as part of the Grant of Restricted Stock and shall be forfeited or become nonforfeitable at the same time as the underlying Stock with respect to which the Stock dividend was declared.

(b) No rights granted under the Plan or this Stock Agreement and no shares issued pursuant to this Grant shall be deemed transferable by the Grantee other than by will or by the laws of descent and distribution prior to the time the Grantee’s interest in such shares has become fully vested.

§ 5. DELIVERY OF VESTED SHARES.

(a) Shares of Restricted Stock that have vested in accordance with § 2 or § 3 shall be delivered (via certificate or such other method as the Committee determines) to the Grantee as soon as practicable after vesting occurs.

(b) By accepting shares of Restricted Stock, the Grantee agrees not to sell such shares at a time when applicable laws or SunTrust’s rules prohibit a sale. This restriction will apply as long as the Grantee is a director, employee or consultant of SunTrust or a Subsidiary. Upon receipt of nonforfeitable shares subject to this Stock Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to deliver (via certificate or such other method as the Committee determines) any shares to Grantee for which Grantee refuses to provide an appropriate statement.

(c) To the extent that Grantee does not vest in any shares of Restricted Stock, all interest in such shares shall be forfeited. The Grantee has no right or interest in any share of Restricted Stock that is forfeited.

§ 6. OTHER LAWS. SunTrust shall have the right to refuse to issue or transfer any shares under this Stock Agreement if SunTrust acting in its absolute discretion determines that the issuance or transfer of such Stock might violate any applicable law or regulation.

TERMS AND CONDITIONS RESTRICTED STOCK AGREEMENT

§ 7. MISCELLANEOUS.

(a) This Stock Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Stock Agreement.

(b) The Plan and this Stock Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

(c) Any written notices provided for in this Stock Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt. Notices shall be directed, if to Grantee, at Grantee’s address indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(d) If one or more of the provisions of this Stock Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Stock Agreement to be construed so as to foster the intent of this Stock Agreement and the Plan.

(e) This Stock Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Stock Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

EX-10.3

EXHIBIT 10.3

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

Performance-Vested Restricted Stock Unit Agreement

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted stock units (the “Restricted Stock Units”) as an incentive for the Grantee to promote the interests of SunTrust and its Subsidiaries. Each Restricted Stock Unit represents the right to receive a share of SunTrust Common Stock, $1.00 par value, at a future date and time, subject to the terms of this Restricted Stock Unit Agreement (this “Grant”).

Name of Grantee	_[Name]____________________________
Target Number of Restricted Stock Units	_[# of Units]_____
Grant Date	February 13, 2018

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This grant of Restricted Stock Units to the Grantee is effective as of February 13, 2018 (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) 409A Change in Control - means an event described in IRS regulations or other guidance under Code section 409A (a)(2)(A)(v).

(b)Absolute ROTCE - means the three-year average of Annual ROTCE in the Performance Period.

(c)Award Percentage - means, after satisfaction of the Minimum Performance Hurdle, the Payout Percentage determined in accordance §3(b) adjusted by the TSR Modifier in §3(c).

(d) Annual ROTCE - means the average of ROTCE for the four calendar quarters in each of the three years in the Performance Period.

(e) Change in Control - means a “Change in Control” as defined in §2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(f) Code - means the Internal Revenue Code of 1986, as amended.

(g) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Grantee's employer and, in addition, has begun to receive benefits under SunTrust's Long-Term Disability Plan.

(h) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid. The amounts of any Dividend Equivalent Rights on Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(j) Earnings Per Share - means net income available to common shareholders, per share, on a fully-diluted basis, on a cumulative basis for the Performance Period.

(k) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code §409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code §416(i) without regard to §(5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust's controlled group, as determined under Code §414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code §409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(l) Minimum Performance Hurdle - means Earnings Per Share.

(m) Performance Period - means the period commencing January 1, 2018 and ending December 31, 2020.

(n) Retirement - means termination of employment of Grantee from SunTrust and its Subsidiaries on or after attaining age 60 and completing ten (10) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 60 or completing at least ten (10) years of service is not eligible for Retirement.

(o) Return on Tangible Common Equity or ROTCE - means net income available to common shareholders of SunTrust as a percentage of average Tangible Common Equity.. In the event SunTrust is merged with or into another entity prior to the end of the Performance Period, then “Return on Tangible Common Equity” shall mean net income available to common shareholders of the surviving corporation as a percentage of average total common equity reduced by recorded intangible assets for the applicable calendar quarter.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(p) ROTCE Rank - means the Absolute ROTCE for SunTrust ranked relative to the Absolute ROTCE for the companies listed on Appendix A (the “Peer Group”).

(q) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(r) Separation from Service - means a “separation from service” within the meaning of Code §409A.

(s) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(t) Tangible Common Equity - means average tangible common equity as reported on Form 10-Q, Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

(u) Target Performance - means, at any point in time, the level of performance that would be achieved if SunTrust had satisfied the Minimum Performance Hurdle, achieves a 100% Payout Percentage under the ROTCE Matrix and has a TSR Target between the 25th and 75th percentile.

(v) Termination for Cause or Terminated for Cause - means a termination of employment which is made primarily because of (i) the Grantee's willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee's conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee's material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee's engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee's engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee's failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(w) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority, duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

(x) Total Shareholder Return or TSR - means a company's total shareholder return, calculated based on the stock price appreciation during the Performance Period plus the value of dividends paid on such stock during the Performance Period (which shall be deemed to have been reinvested in the underlying company's stock). TSR shall be calculated using 20-day average stock prices for both beginning and ending values.

(y) TSR Rank - means the TSR for SunTrust during the Performance Period ranked relative to the TSR for the companies listed on Appendix A (the “Peer Group”) during the Performance Period.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§3. PERFORMANCE BASED VESTING.

(a) Minimum Performance Hurdle. The Minimum Performance Hurdle shall be Earnings Per Share. In no event shall any Restricted Stock Units vest pursuant to this §3 unless the Company attains a cumulative Earnings Per Share of at least $[ ] for the Performance Period.

(b) ROTCE Matrix.

(i) The Grantee shall vest in a percentage of Restricted Stock Units (between 0% and 150%) indicated by the following ROTCE Matrix adjusted by the TSR Modifier below on February 14, 2021 (the “Vesting Date”); provided, that the Grantee has remained in continuous employment with SunTrust or a Subsidiary from the Grant Date through the Vesting Date, except as provided in §5(d) hereof (pertaining to vesting after Retirement). In addition, the Restricted Stock Units may vest prior to the Vesting Date in accordance with any other provisions of §4 or §5. The Absolute ROTCE for SunTrust and each member of the Peer Group shall be calculated and ranked from high to low.

SunTrust’s ROTCE Rank	Payout Percentage
Within Top 3 Banks	120%	130%	140%	150%
Within Next 3 Banks	100%	120%	130%	140%
Within Next 3 Banks	50%	100%	120%	130%
Within Bottom 3 Banks	0%	50%	100%	120%
	< [ ]%	[ ]%	[ ]%	>[ ]%
	STI Absolute ROTCE

(ii) The Payout Percentage is determined as follows: (1) Locate the column(s) in the ROTCE Matrix that correspond to SunTrust’s Absolute ROTCE; (2) Determine the ROTCE Rank of SunTrust and each member of the Peer Group ranked from high to low; (3) interpolate between the Payout Percentages in the row corresponding to SunTrust’s ROTCE Rank based on the percentages in the column(s) that correspond to SunTrust’s Absolute ROTCE.

(iii) The Committee shall adjust ROCTE , in the manner that the Committee determines equitable and appropriate, in the event of (i) any unbudgeted acquisition, divestiture or other unexpected fundamental change in the business of SunTrust, an Affiliate and/or business unit, (ii) unanticipated asset write-downs or impairment charges, (iii) litigation or claim judgments or settlements thereof, (iv) changes in tax laws, accounting principles or other laws or provisions affecting reported results, (v) accruals for reorganization or restructuring programs, or extraordinary infrequently occurring, non-reoccurring items, and (vi) any other unanticipated and material changes that result in any inequitable enlargement or dilution of any of the Grantee’s rights under the Award.

(c) TSR Modifier. The Payout Percentage determined under the ROTCE Matrix may be further adjusted by applying the “TSR Modifier” as indicated below.

TSR Modifier

SunTrust TSR Rank - Percentile	Payout Adjustment
Above 75th	+ 20%
Between 25th and 75th	No Adjustment
Below 25th	- 20%

The Committee shall make the following adjustments to the calculation of the TSR Rank or the composition of the Peer Group during the Performance Period as follows: (1) if a member of the Peer Group is acquired by another company, or during the Performance Period announces that it will be acquired by another company, then the acquired Peer Group company will be moved to a position below the lowest ranked peer; (2) if a member of the Peer Group sells, spins-off, or disposes of a portion of its business, then such Peer Group company will remain in the Peer Group for the Performance Period unless such disposition(s) results in the disposition of more than 50% of such company's total assets during the Performance Period, in which case it will be moved to a position below the lowest ranked peer; (3) if a member of the Peer Group acquires another company, the acquiring Peer Group company will remain in the Peer Group; (4) if a member of the Peer Group is delisted on all major stock exchanges,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

such delisted company will be moved to a position below the lowest ranked peer; (5) to the extent that SunTrust and/or any member of the Peer Group split its stock or declare a distribution of shares, such company's TSR performance will be appropriately adjusted for the stock split or share distribution so as not to give an advantage or disadvantage to such company by comparison to the other companies; (6) members of the Peer Group that file for bankruptcy, liquidation or reorganization during the Performance Period will moved to a position below the lowest ranked peer; and (7) the Committee shall have the authority to make other appropriate adjustments in response to a change in circumstances that results in a member of the Peer Group no longer satisfying the criteria for which such member was originally selected. The Committee shall calculate the beginning and ending TSR values based on the average of the closing prices of the applicable company's stock for the 20 trading days prior to and including the beginning or ending date, as applicable, of the Performance Period.

(d) Combination of ROTCE and TSR performance may never exceed 150% of target.

§4. SUNTRUST CHANGE IN CONTROL.

(a) In the event that a Change in Control (as defined in the SunTrust Banks, Inc. 2009 Stock Plan) occurs prior to the Vesting Date and on or prior to any vesting date set forth in §5, then the number of Restricted Stock Units (and related Dividend Equivalent Rights), as determined in §4(b) below, shall be vested upon the earlier of: (i) the Vesting Date, provided that the Grantee has remained in continuous employment with SunTrust or a Subsidiary from the Grant Date through the Vesting Date; or (ii) the date of the Grantee's termination of employment with SunTrust and its Subsidiaries as a result of: (A) an involuntary termination by SunTrust that does not result from the Grantee's death or Disability and does not constitute a Termination for Cause; (B) the Grantee's death or Disability; (C) termination of the Grantee due to Retirement; or (D) a Termination for Good Reason by the Grantee.

(b) The number of Restricted Stock Units (and related Dividend Equivalent Rights) that shall vest will be equal to the sum of (i) the number of Restricted Stock Units that would have vested (if any) if the Performance Period ended on the date of the Change in Control (based on the actual achievement in Minimum Performance Hurdle and actual achievement under the ROTCE Matrix adjusted by the TSR Modifier through the date of the Change in Control) multiplied by a fraction, the numerator of which shall be the number of days from the first day of the Performance Period through the date of such Change in Control, and the denominator of which shall be the total number of days in the Performance Period; plus (ii) the number of Restricted Stock Units that would have vested assuming SunTrust had achieved Target Performance multiplied by a fraction, the numerator of which shall be the number of days from the date of such Change in Control through the last day of the Performance Period, and the denominator of which shall be the total number of days in the Performance Period. In the event of such Change in Control, any Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement that do not vest pursuant to this §4 shall terminate and be completely forfeited on the date of such termination of the Grantee's employment.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5. TERMINATION OF EMPLOYMENT.

(a) If prior to the Vesting Date and the date of a Change in Control, the Grantee's employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c) or §5(d), then the Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement shall terminate and be completely forfeited on the date of such termination of the Grantee's employment. Notwithstanding anything in this §5 to the contrary, if the Grantee is Terminated for Cause from SunTrust and its Subsidiaries prior to payment pursuant to §6, all of the Restricted Stock Units (and related Dividend Equivalent Rights) will immediately and automatically without any action on the part of the Grantee or SunTrust, be forfeited by the Grantee.

(b) Death or Disability. If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to the Vesting Date and the date of a Change in Control, as a result of the Grantee's (i) death, or (ii) Disability, then the Restricted Stock Units (and related Dividend Equivalent Rights) shall vest immediately on the date of such termination. The number of Restricted Stock Units, if any, that vest will be based on the number of Restricted Stock Units (and related Dividend Equivalent Rights) that would have vested (if any) if the Performance Period ended on such date and based on the actual performance achieved (or the Target Performance, if such termination occurs less than one (1) year after the first day of the Performance Period)). In determining performance, the Committee shall consider all fiscal quarters completed prior to the date of death or Disability, and (1) prorate the Minimum Performance Hurdle based on the number of completed fiscal quarters compared to the total 3-year Performance Period, and (2) with respect to the ROTCE Matrix and TSR Modifier, determine actual performance, based on completed calendar quarters, from the first day of the Performance Period through the date of death or Disability. In the event of such termination, any Restricted Stock Units (and related Dividend Equivalent) subject to this Unit Agreement that do not vest pursuant to this §5(b) shall terminate and be completely forfeited on such date.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Reduction in Force. If the Grantee’s employment with SunTrust and its Subsidiaries is involuntarily terminated prior to the Vesting Date and the date of a Change in Control, by reason of a reduction in force which results in the Grantee’s eligibility for payment of a severance benefit pursuant to the terms of the Severance Plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under such Plan), then a pro-rata number of Restricted Stock Units (and related Dividend Equivalent Rights) shall vest on the last day of the Performance Period, if any, based on the Grantee’s service completed from the first day of the Grant Date through the date of such termination of the Grantee’s employment.

(d) Retirement. If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to the Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement, then the number of Restricted Stock Units (and related Dividend Equivalent Rights) that would have vested based on the actual performance achieved as of the last day of the Performance Period (or, if a Change in Control occurs after such Retirement but prior to the end of the Performance Period, vesting will be based on the formula in §4(b)), shall, subject to §7(e) below, be fully vested.

§6. PAYMENT OF AWARD.

(a) The number of Restricted Stock Units (and related Dividend Equivalent Rights) payable pursuant to this §6 (the “Vested Units”) shall be determined in accordance with §3, §4 and §5 above and,

(i) the portion of the Vested Units comprising the “Earned Awards as a Percent of Target” equal to or less than 130% shall be paid in an equivalent number of shares of Stock upon the earliest to occur of the following: (A) the date of the Grantee's death, (B) the date of the Grantee's Disability, (C) subject to §6(d), the date of the Grantee's Separation from Service, if such Separation from Service occurs: within two (2) years following a 409A Change in Control or (D) February 14, 2021.

(ii) the portion, if any, of the Vested Units comprising the “Award Percentage” greater than 130% shall be paid in an equivalent number of shares of Stock upon the earliest to occur of the following: (A) the date of the Grantee's death, (B) the date of the Grantee's Disability, (C) subject to §6(d), the date of the Grantee's Separation from Service, if such Separation from Service occurs: within two (2) years following a 409A Change in Control or (D) February 14, 2022.

(b) In the event payment is made pursuant to sub-paragraph §6(a)(i)(A), §6(a)(i)(B), §6(a)(i)(C), §6(a)(ii)(A), or §6(a)(ii)(B), §6(a)(ii)(C) above, such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event. In the event payment is made pursuant to sub-paragraphs §6(a)(i)(D) and §6(a)(ii)(D) above, such payment shall be made within the sixty (60) day period which commences immediately following February 14, 2021 and February 14, 2022, as applicable.

(c) Except as set forth below, the Vested Units shall be paid out in an equivalent number of shares of Stock; provided, however, the Grantee's right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to §4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee's Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee's Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the related Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, or, in the event the Restricted Stock Units vest pursuant to §4, in cash; provided, however, the Grantee's right to any fractional share of Stock shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) Compliance with Securities Laws. By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust's rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) Forfeiture of Non-Vested Units. To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

(c) Extinguishment Upon Settlement. Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

(d) Restrictive Covenants. Grantee must fully perform the following covenants from the Grant Date through February 14, 2021 (or through February 14, 2022 if the Award Percentage exceeds 130% (collectively, the “Restricted Period”)):

(i) No Solicitation of Customers or Clients. Grantee shall not during the Restricted Period solicit any customer or client of SunTrust or any SunTrust Affiliate with whom Grantee had any material business contact during the two (2) year period which ends on the date Grantee's employment by SunTrust or a SunTrust Affiliate terminates for the purpose of competing with SunTrust or any SunTrust Affiliate for any reason, either individually, or as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director of, or service provider to, any corporation, partnership, venture or other business entity.

(ii) Anti-pirating of Employees. Absent the Compensation Committee's written consent, Grantee will not during the Restricted Period solicit to employ on Grantee's own behalf or on behalf of any other person, firm or corporation, any person who was employed by SunTrust or a SunTrust Affiliate during the term of Grantee's employment by SunTrust or a SunTrust Affiliate (whether or not such employee would commit a breach of contract), and who has not ceased to be employed by SunTrust or a SunTrust Affiliate for a period of at least one (1) year.

(iii) Protection of Trade Secrets and Confidential Information. Grantee hereby agrees that Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Trade Secret that Grantee may have acquired during the term of Grantee's employment by SunTrust or a SunTrust Affiliate for so long as such information remains a Trade Secret. In addition, Grantee agrees that during the Restricted Period, Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Confidential or Proprietary Information that Grantee may have acquired (whether or not developed or compiled by Grantee and whether or not Grantee was authorized to have access to such information) during the term of, in the course of, or as a result of Grantee's employment by SunTrust or a SunTrust Affiliate.

(e) Additional Post-Retirement Covenants. In the event of the Grantee's Retirement, such Grantee must fully perform the following covenants from the date of such termination through the last day of the Restricted Period:

(i) No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.

(ii) Non-Disparagement. Grantee agrees not to knowingly make false or materially misleading statements or disparaging comments about SunTrust or any SunTrust Affiliate during the Restricted Period.

(f) Reasonable and Necessary Restrictions; Forfeiture. Grantee acknowledges that the restrictions, prohibitions and other provisions set forth in this Unit Agreement, including without limitation the Territory and Restricted Period, are reasonable, fair and equitable in scope, terms and duration; are necessary to protect the legitimate business interests of SunTrust; and are a material inducement to SunTrust to enter into this Unit Agreement. Grantee covenants that Grantee will not challenge the enforceability of this Unit Agreement nor will Grantee raise any equitable defense to its enforcement. Failure of Grantee to fully perform the applicable covenants set forth above will result in a forfeiture of all unpaid Restricted Stock Units (and related Dividend Equivalent Rights) under this Unit Agreement as of the date of such failure. Such forfeiture will be in compliance with Treas. Reg. §1.409A-3(f).

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(g) Additional Definitions. For purposes of §7(d) and §7(e), (A) The term "Confidential or Proprietary Information" for purposes of this Unit Agreement shall mean any secret, confidential, or proprietary information of SunTrust or a SunTrust Affiliate (other than a Trade Secret) that has not become generally available to the public by the act of one who has the right to disclose such information without violating any right of SunTrust or a SunTrust Affiliate. (B) The term "Financial Services Business" for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

§8. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust's obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment and authorizes SunTrust to withhold such amounts.

(b) The Committee shall have the right to reduce the number of shares of Stock issued to the Grantee to satisfy the minimum applicable tax withholding requirements.

§9. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee's employment with or without cause at any time.

§11. OTHER LAWS. Notwithstanding anything herein to the contrary, SunTrust shall have the right to refuse to pay any cash award or to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that such payment or issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) No rights granted under the Plan or this Unit Agreement and no Restricted Stock Units shall be deemed transferable by the Grantee other than by will or by the laws of descent and distribution prior to the time the Grantee's interest in such units has become fully vested.

(d) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(e) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

(f) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(g) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

APPENDIX A

Peer Group

Company Name

1. Key Corp

2. Bank of America

3. Fifth Third Bancorp

4. Regions Financial Corp

5. PNC Financial Services Group, Inc.

6. Wells Fargo

7. BB&T Corp.

8. Huntington Bancshares Corporation

9. U.S. Bancorp

10. M&T Bank Corp.

11. Citizens Financial Group

EX-10.4

EXHIBIT 10.4

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

Performance-Vested Restricted Stock Unit Agreement

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted stock units (the “Restricted Stock Units”) as an incentive for the Grantee to promote the interests of SunTrust and its Subsidiaries. Each Restricted Stock Unit represents the right to receive a share of SunTrust Common Stock, $1.00 par value, at a future date and time, subject to the terms of this Restricted Stock Unit Agreement (this “Grant”).

Name of Grantee	_[Name]____________________________
Target Number of Restricted Stock Units	_[Number of Units]_____
Grant Date	February 13, 2018

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This grant of Restricted Stock Units to the Grantee is effective as of February 13, 2018 (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) 409A Change in Control - means an event described in IRS regulations or other guidance under Code section 409A (a)(2)(A)(v).

(b)Absolute ROTCE - means the three-year average of Annual ROTCE in the Performance Period.

(c)Award Percentage - means, after satisfaction of the Minimum Performance Hurdle, the Payout Percentage determined in accordance §3(b) adjusted by the TSR Modifier in §3(c).

(d) Annual ROTCE - means the average of ROTCE for the four calendar quarters in each of the three years in the Performance Period.

(e) Change in Control - means a “Change in Control” as defined in §2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(f) Code - means the Internal Revenue Code of 1986, as amended.

(g) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Grantee's employer and, in addition, has begun to receive benefits under SunTrust's Long-Term Disability Plan.

(h) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid. The amounts of any Dividend Equivalent Rights on Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(j) Earnings Per Share - means net income available to common shareholders, per share, on a fully-diluted basis, on a cumulative basis for the Performance Period.

(k) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code §409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code §416(i) without regard to §(5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust's controlled group, as determined under Code §414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code §409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(l) Minimum Performance Hurdle - means Earnings Per Share.

(m) Performance Period - means the period commencing January 1, 2018 and ending December 31, 2020.

(n) Retirement - means termination of employment of Grantee from SunTrust and its Subsidiaries on or after attaining age 55 and completing five (5) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 55 or completing at least five (5) years of service is not eligible for Retirement.

(o) Return on Tangible Common Equity or ROTCE - means net income available to common shareholders of SunTrust as a percentage of average Tangible Common Equity. In the event SunTrust is merged with or into another entity prior to the end of the Performance Period, then “Return on Tangible Common Equity” shall mean net income available to common shareholders of the surviving corporation as a percentage of average total common equity reduced by recorded intangible assets for the applicable calendar quarter.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(p) ROTCE Rank - means the Absolute ROTCE for SunTrust ranked relative to the Absolute ROTCE for the companies listed on Appendix A (the “Peer Group”).

(q) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(r) Separation from Service - means a “separation from service” within the meaning of Code §409A.

(s) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(t) Tangible Common Equity - means average tangible common equity as reported on Form 10-Q, Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

(u) Target Performance - means, at any point in time, the level of performance that would be achieved if SunTrust had satisfied the Minimum Performance Hurdle, achieves a 100% Payout Percentage under the ROTCE Matrix and has a TSR Target between the 25th and 75th percentile.

(v) Termination for Cause or Terminated for Cause - means a termination of employment which is made primarily because of (i) the Grantee's willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee's conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee's material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee's engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee's engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee's failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(w) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority, duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

(x) Total Shareholder Return or TSR - means a company's total shareholder return, calculated based on the stock price appreciation during the Performance Period plus the value of dividends paid on such stock during the Performance Period (which shall be deemed to have been reinvested in the underlying company's stock). TSR shall be calculated using 20-day average stock prices for both beginning and ending values.

(y) TSR Rank - means the TSR for SunTrust during the Performance Period ranked relative to the TSR for the companies listed on Appendix A (the “Peer Group”) during the Performance Period.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§3. PERFORMANCE BASED VESTING.

(a) Minimum Performance Hurdle. The Minimum Performance Hurdle shall be Earnings Per Share. In no event shall any Restricted Stock Units vest pursuant to this §3 unless the Company attains a cumulative Earnings Per Share of at least $[ ] for the Performance Period.

(b) ROTCE Matrix.

(i) The Grantee shall vest in a percentage of Restricted Stock Units (between 0% and 150%) indicated by the following ROTCE Matrix adjusted by the TSR Modifier below on February 14, 2021 (the “Vesting Date”); provided, that the Grantee has remained in continuous employment with SunTrust or a Subsidiary from the Grant Date through the Vesting Date, except as provided in §5(d) hereof (pertaining to vesting after Retirement). In addition, the Restricted Stock Units may vest prior to the Vesting Date in accordance with any other provisions of §4 or §5. The Absolute ROTCE for SunTrust and each member of the Peer Group shall be calculated and ranked from high to low.

SunTrust’s ROTCE Rank	Payout Percentage
Within Top 3 Banks	120%	130%	140%	150%
Within Next 3 Banks	100%	120%	130%	140%
Within Next 3 Banks	50%	100%	120%	130%
Within Bottom 3 Banks	0%	50%	100%	120%
	< [ ]%	[ ]%	[ ]%	>[ ]%
	STI Absolute ROTCE

(ii) The Payout Percentage is determined as follows: (1) Locate the column(s) in the ROTCE Matrix that correspond to SunTrust’s Absolute ROTCE; (2) Determine the ROTCE Rank of SunTrust and each member of the Peer Group ranked from high to low; (3) interpolate between the Payout Percentages in the row corresponding to SunTrust’s ROTCE Rank based on the percentages in the column(s) that correspond to SunTrust’s Absolute ROTCE.

(iii) The Committee shall adjust ROCTE , in the manner that the Committee determines equitable and appropriate, in the event of (i) any unbudgeted acquisition, divestiture or other unexpected fundamental change in the business of SunTrust, an Affiliate and/or business unit, (ii) unanticipated asset write-downs or impairment charges, (iii) litigation or claim judgments or settlements thereof, (iv) changes in tax laws, accounting principles or other laws or provisions affecting reported results, (v) accruals for reorganization or restructuring programs, or extraordinary infrequently occurring, non-reoccurring items, and (vi) any other unanticipated and material changes that result in any inequitable enlargement or dilution of any of the Grantee’s rights under the Award.

(c) TSR Modifier. The Payout Percentage determined under the ROTCE Matrix may be further adjusted by applying the “TSR Modifier” as indicated below.

TSR Modifier

SunTrust TSR Rank - Percentile	Payout Adjustment
Above 75th	+ 20%
Between 25th and 75th	No Adjustment
Below 25th	- 20%

The Committee shall make the following adjustments to the calculation of the TSR Rank or the composition of the Peer Group during the Performance Period as follows: (1) if a member of the Peer Group is acquired by another company, or during the Performance Period announces that it will be acquired by another company, then the acquired Peer Group company will be moved to a position below the lowest ranked peer; (2) if a member of the Peer Group sells, spins-off, or disposes of a portion of its business, then such Peer Group company will remain in the Peer Group for the Performance Period unless such disposition(s) results in the disposition of more than 50% of such company's total assets during the Performance Period, in which case it will be moved to a position below the lowest ranked peer; (3) if a member of the Peer Group acquires another company, the acquiring Peer Group company will remain in the Peer Group; (4) if a member of the Peer Group is delisted on all major stock exchanges, such delisted company will be moved to a position below the lowest ranked peer; (5) to the extent that SunTrust and/or any member of the Peer Group split its stock or declare a distribution of shares, such company's TSR performance will be appropriately adjusted

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

for the stock split or share distribution so as not to give an advantage or disadvantage to such company by comparison to the other companies; (6) members of the Peer Group that file for bankruptcy, liquidation or reorganization during the Performance Period will moved to a position below the lowest ranked peer; and (7) the Committee shall have the authority to make other appropriate adjustments in response to a change in circumstances that results in a member of the Peer Group no longer satisfying the criteria for which such member was originally selected. The Committee shall calculate the beginning and ending TSR values based on the average of the closing prices of the applicable company's stock for the 20 trading days prior to and including the beginning or ending date, as applicable, of the Performance Period.

(d) Combination of ROTCE and TSR performance may never exceed 150% of target.

§4. SUNTRUST CHANGE IN CONTROL.

(a) In the event that a Change in Control (as defined in the SunTrust Banks, Inc. 2009 Stock Plan) occurs prior to the Vesting Date and on or prior to any vesting date set forth in §5, then the number of Restricted Stock Units (and related Dividend Equivalent Rights), as determined in §4(b) below, shall be vested upon the earlier of: (i) the Vesting Date, provided that the Grantee has remained in continuous employment with SunTrust or a Subsidiary from the Grant Date through the Vesting Date; or (ii) the date of the Grantee's termination of employment with SunTrust and its Subsidiaries as a result of: (A) an involuntary termination by SunTrust that does not result from the Grantee's death or Disability and does not constitute a Termination for Cause; (B) the Grantee's death or Disability; (C) termination of the Grantee due to Retirement; or (D) a Termination for Good Reason by the Grantee.

(b) The number of Restricted Stock Units (and related Dividend Equivalent Rights) that shall vest will be equal to the sum of (i) the number of Restricted Stock Units that would have vested (if any) if the Performance Period ended on the date of the Change in Control (based on the actual achievement in Minimum Performance Hurdle and actual achievement under the ROTCE Matrix adjusted by the TSR Modifier through the date of the Change in Control) multiplied by a fraction, the numerator of which shall be the number of days from the first day of the Performance Period through the date of such Change in Control, and the denominator of which shall be the total number of days in the Performance Period; plus (ii) the number of Restricted Stock Units that would have vested assuming SunTrust had achieved Target Performance multiplied by a fraction, the numerator of which shall be the number of days from the date of such Change in Control through the last day of the Performance Period, and the denominator of which shall be the total number of days in the Performance Period. In the event of such Change in Control, any Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement that do not vest pursuant to this §4 shall terminate and be completely forfeited on the date of such termination of the Grantee's employment.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5. TERMINATION OF EMPLOYMENT.

(a) If prior to the Vesting Date and the date of a Change in Control, the Grantee's employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c) or §5(d), then the Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement shall terminate and be completely forfeited on the date of such termination of the Grantee's employment. Notwithstanding anything in this §5 to the contrary, if the Grantee is Terminated for Cause from SunTrust and its Subsidiaries prior to payment pursuant to §6, all of the Restricted Stock Units (and related Dividend Equivalent Rights) will immediately and automatically without any action on the part of the Grantee or SunTrust, be forfeited by the Grantee.

(b) Death or Disability. If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to the Vesting Date and the date of a Change in Control, as a result of the Grantee's (i) death, or (ii) Disability, then the Restricted Stock Units (and related Dividend Equivalent Rights) shall vest immediately on the date of such termination. The number of Restricted Stock Units, if any, that vest will be based on the number of Restricted Stock Units (and related Dividend Equivalent Rights) that would have vested (if any) if the Performance Period ended on such date and based on the actual performance achieved (or the Target Performance, if such termination occurs less than one (1) year after the first day of the Performance Period)). In determining performance, the Committee shall consider all fiscal quarters completed prior to the date of death or Disability, and (1) prorate the Minimum Performance Hurdle based on the number of completed fiscal quarters compared to the total 3-year Performance Period, and (2) with respect to the ROTCE Matrix and TSR Modifier, determine actual performance, based on completed calendar quarters, from the first day of the Performance Period through the date of death or Disability. In the event of such termination, any Restricted Stock Units (and related Dividend Equivalent) subject to this Unit Agreement that do not vest pursuant to this §5(b) shall terminate and be completely forfeited on such date.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Reduction in Force. If the Grantee’s employment with SunTrust and its Subsidiaries is involuntarily terminated prior to the Vesting Date and the date of a Change in Control, by reason of a reduction in force which results in the Grantee’s eligibility for payment of a severance benefit pursuant to the terms of the Severance Plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under such Plan), then a pro-rata number of Restricted Stock Units (and related Dividend Equivalent Rights) shall vest on the last day of the Performance Period, if any, based on the Grantee’s service completed from the first day of the Grant Date through the date of such termination of the Grantee’s employment.

(d) Retirement. If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to the Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement, then the number of Restricted Stock Units (and related Dividend Equivalent Rights) that would have vested based on the actual performance achieved as of the last day of the Performance Period (or, if a Change in Control occurs after such Retirement but prior to the end of the Performance Period, vesting will be based on the formula in §4(b)), shall, subject to §7(e) below, be fully vested.

§6. PAYMENT OF AWARD.

(a) The number of Restricted Stock Units (and related Dividend Equivalent Rights) payable pursuant to this §6 (the “Vested Units”) shall be determined in accordance with §3, §4 and §5 above and,

(i) the portion of the Vested Units comprising the “Earned Awards as a Percent of Target” equal to or less than 130% shall be paid in an equivalent number of shares of Stock upon the earliest to occur of the following: (A) the date of the Grantee's death, (B) the date of the Grantee's Disability, (C) subject to §6(d), the date of the Grantee's Separation from Service, if such Separation from Service occurs: within two (2) years following a 409A Change in Control or (D) February 14, 2021.

(ii) the portion, if any, of the Vested Units comprising the “Award Percentage” greater than 130% shall be paid in an equivalent number of shares of Stock upon the earliest to occur of the following: (A) the date of the Grantee's death, (B) the date of the Grantee's Disability, (C) subject to §6(d), the date of the Grantee's Separation from Service, if such Separation from Service occurs: within two (2) years following a 409A Change in Control or (D) February 14, 2022.

(b) In the event payment is made pursuant to sub-paragraph §6(a)(i)(A), §6(a)(i)(B), §6(a)(i)(C), §6(a)(ii)(A), or §6(a)(ii)(B), §6(a)(ii)(C) above, such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event. In the event payment is made pursuant to sub-paragraphs §6(a)(i)(D) and §6(a)(ii)(D) above, such payment shall be made within the sixty (60) day period which commences immediately following February 14, 2021 and February 14, 2022, as applicable.

(c) Except as set forth below, the Vested Units shall be paid out in an equivalent number of shares of Stock; provided, however, the Grantee's right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to §4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee's Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee's Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the related Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, or, in the event the Restricted Stock Units vest pursuant to §4, in cash; provided, however, the Grantee's right to any fractional share of Stock shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) Compliance with Securities Laws. By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust's rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) Forfeiture of Non-Vested Units. To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

(c) Extinguishment Upon Settlement. Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

(d) Restrictive Covenants. Grantee must fully perform the following covenants from the Grant Date through February 14, 2021 (or through February 14, 2022 if the Award Percentage exceeds 130% (collectively, the “Restricted Period”)):

(i) No Solicitation of Customers or Clients. Grantee shall not during the Restricted Period solicit any customer or client of SunTrust or any SunTrust Affiliate with whom Grantee had any material business contact during the two (2) year period which ends on the date Grantee's employment by SunTrust or a SunTrust Affiliate terminates for the purpose of competing with SunTrust or any SunTrust Affiliate for any reason, either individually, or as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director of, or service provider to, any corporation, partnership, venture or other business entity.

(ii) Anti-pirating of Employees. Absent the Compensation Committee's written consent, Grantee will not during the Restricted Period solicit to employ on Grantee's own behalf or on behalf of any other person, firm or corporation, any person who was employed by SunTrust or a SunTrust Affiliate during the term of Grantee's employment by SunTrust or a SunTrust Affiliate (whether or not such employee would commit a breach of contract), and who has not ceased to be employed by SunTrust or a SunTrust Affiliate for a period of at least one (1) year.

(iii) Protection of Trade Secrets and Confidential Information. Grantee hereby agrees that Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Trade Secret that Grantee may have acquired during the term of Grantee's employment by SunTrust or a SunTrust Affiliate for so long as such information remains a Trade Secret. In addition, Grantee agrees that during the Restricted Period, Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Confidential or Proprietary Information that Grantee may have acquired (whether or not developed or compiled by Grantee and whether or not Grantee was authorized to have access to such information) during the term of, in the course of, or as a result of Grantee's employment by SunTrust or a SunTrust Affiliate.

(e) Additional Post-Retirement Covenants. In the event of the Grantee's Retirement, such Grantee must fully perform the following covenants from the date of such termination through the last day of the Restricted Period:

(i) No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.

(ii) Non-Disparagement. Grantee agrees not to knowingly make false or materially misleading statements or disparaging comments about SunTrust or any SunTrust Affiliate during the Restricted Period.

(f) Reasonable and Necessary Restrictions; Forfeiture. Grantee acknowledges that the restrictions, prohibitions and other provisions set forth in this Unit Agreement, including without limitation the Territory and Restricted Period, are reasonable, fair and equitable in scope, terms and duration; are necessary to protect the legitimate business interests of SunTrust; and are a material inducement to SunTrust to enter into this Unit Agreement. Grantee covenants that Grantee will not challenge the enforceability of this Unit Agreement nor will Grantee raise any equitable defense to its enforcement. Failure of Grantee to fully perform the applicable covenants set forth above will result in a forfeiture of all unpaid Restricted Stock Units (and related Dividend Equivalent Rights) under this Unit Agreement as of the date of such failure. Such forfeiture will be in compliance with Treas. Reg. §1.409A-3(f).

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(g) Additional Definitions. For purposes of §7(d) and §7(e), (A) The term "Confidential or Proprietary Information" for purposes of this Unit Agreement shall mean any secret, confidential, or proprietary information of SunTrust or a SunTrust Affiliate (other than a Trade Secret) that has not become generally available to the public by the act of one who has the right to disclose such information without violating any right of SunTrust or a SunTrust Affiliate. (B) The term "Financial Services Business" for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

§8. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust's obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment and authorizes SunTrust to withhold such amounts.

(b) The Committee shall have the right to reduce the number of shares of Stock issued to the Grantee to satisfy the minimum applicable tax withholding requirements.

§9. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee's employment with or without cause at any time.

§11. OTHER LAWS. Notwithstanding anything herein to the contrary, SunTrust shall have the right to refuse to pay any cash award or to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that such payment or issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) No rights granted under the Plan or this Unit Agreement and no Restricted Stock Units shall be deemed transferable by the Grantee other than by will or by the laws of descent and distribution prior to the time the Grantee's interest in such units has become fully vested.

(d) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(e) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

(f) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(g) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

APPENDIX A

Peer Group

Company Name

1. Key Corp

2. Bank of America

3. Fifth Third Bancorp

4. Regions Financial Corp

5. PNC Financial Services Group, Inc.

6. Wells Fargo

7. BB&T Corp.

8. Huntington Bancshares Corporation

9. U.S. Bancorp

10. M&T Bank Corp.

11. Citizens Financial Group

EX-10.5

EXHIBIT 10.5

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

RESTRICTED STOCK UNIT AGREEMENT

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Plan (“Plan”), has granted restricted stock units of SunTrust Common Stock, $1.00 par value (“RSUs”), upon the following terms as an incentive for Grantee to promote the interests of SunTrust:

Name of Grantee	Name
Restricted Stock Units	Number of Units
Grant Date	Grant Date

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This Grant of RSUs to the Grantee is effective as of [Grant Date] (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) Change in Control - means a “Change in Control” as defined in Section 2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(b) Code - means the Internal Revenue Code of 1986, as amended.

(c) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Participant’s employer and, in addition, has begun to receive benefits under SunTrust’s Long-Term Disability Plan.

(d) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid; provided, however, the amount of any Dividend Equivalent Rights on unvested Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(e) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code section 409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code section 416(i) without regard to section (5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust’s controlled group, as determined under Code Section 414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code section 409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(f) Retirement - means the termination of employment of the Grantee from SunTrust and its Subsidiaries on or after attaining age 55 and completing five (5) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, a Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 55 or completing at least five (5) years of service is not eligible for Retirement.

(g) Separation from Service - means a “separation from service” within the meaning of Code section 409A.

(h) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(i) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(j) Termination for Cause or Terminated for Cause - means a termination of employment which is due to (i) the Grantee’s willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee’s conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee’s material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee’s engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee’s engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee’s failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(k) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

§ 3. VESTING DATE. This RSU grant (and related Dividend Equivalent Rights), if it has not earlier vested in accordance with §4 or §5, shall vest in full on the applicable day specified in the following vesting schedule (each a “Vesting Date”):

33⅓	% of the Grant shall be vested on the first anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the second anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the third anniversary of the Grant Date.

provided, that on such applicable Vesting Date, Grantee is an active employee of SunTrust or a Subsidiary and has been in the continuous employment of SunTrust or a Subsidiary from the Grant Date through such applicable Vesting Date. If Grantee is not an active employee of SunTrust or a Subsidiary on a Vesting Date, Grantee forfeits all rights to any shares that would otherwise vest on that Vesting Date and on any subsequent Vesting Date; provided, however, shares may vest prior to the Vesting Dates set forth above in accordance with the provisions of §4 or §5.

§4. ACCELERATED VESTING: CHANGE IN CONTROL. Any RSUs not previously vested shall vest on the date that all of the following events have occurred: (i) there is a Change in Control of SunTrust on or before any Vesting Date; (ii) the Grantee’s employment with SunTrust terminates after the date of such Change in Control, and (iii) such termination of Grantee’s employment is either (1) involuntary on the part of the Grantee and does not result from his or her death or Disability, and does not constitute a Termination for Cause, or (2) voluntary on the part of the Grantee and constitutes a Termination for Good Reason.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5. TERMINATION OF EMPLOYMENT.

(a) If prior to any Vesting Date, the Grantee’s employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c), or §5(d), and the termination does not result in accelerated vesting as described in § 4, then any RSUs (and Dividend Equivalent Rights) that are not then vested shall be completely forfeited on the date of such termination of Grantee’s employment. Notwithstanding anything in this §5 to the contrary, if Grantee’s employment with SunTrust and its Subsidiaries is terminated “For Cause,” as described above, any RSU which has not vested prior to the effective date of such termination will immediately and automatically be forfeited by the Grantee without any action on the part of the Grantee or SunTrust.

(b) If the Grantee’s employment with SunTrust terminates prior to any Vesting Date as a result of the Grantee’s (i) death, or (ii) Disability, then any RSUs not previously vested shall be vested immediately on the date of such termination of Grantee’s employment.

(c) If the Grantee's employment with SunTrust is involuntarily terminated by reason of a reduction in force which results in Grantee's eligibility for payment of a severance benefit pursuant to the terms of the SunTrust Banks, Inc. Severance Pay Plan or a Severance Plan or any successor to such plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under any such Plan), then a pro-rata number of shares shall be vested based on the Grantee's service completed from the Grant Date through the date of such termination of Grantee's employment.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(d) If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to a Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement,, such Grantee shall, subject to §7(d) below, be fully vested in his unvested Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement upon the date of such termination.

§6. PAYMENT OF AWARD.

(a) Subject to §6(b), the total number of Restricted Stock Units (and related Dividend Equivalent Rights) which vest, if any, in accordance with §3, §4, or §5 of this Unit Agreement (the “Vested Units”) shall be paid in an equivalent number of shares of Stock on the specified dates, as follows:

[insert # equal to 33⅓%]	shall be paid on the first anniversary of the Grant Date;
[insert # equal to 33⅓%]	shall be paid on the second anniversary of the Grant Date;
[insert # equal to 33⅓%]	shall be paid on the third anniversary of the Grant Date.

Payments made pursuant to this sub-paragraph (a) will deemed to be made on the specified date if such payment are made within the sixty (60) day period which commences immediately following the specified date.

(b) Notwithstanding the specified dates set forth in §6(a), the total number of Vested Units shall be distributed in an equivalent number of shares of Stock upon the earliest to occur of the following: (i) the date of the Grantee’s death, (ii) the date of the Grantee’s Disability, or (iii) if prior to the date a Grantee becomes eligible for Retirement, the date of the Grantee’s Separation from Service. In the event payment is made pursuant to this sub-paragraph (b) such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event.

(c) Except as set forth below, the Vested Units shall be distributed in an equivalent number of shares of Stock; provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to § 4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee’s Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee’s Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units vest pursuant to §4, related Dividend Equivalent Rights shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§ 7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust’s rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

(d) In the event of the Grantee’s Retirement, such Grantee must fully perform the following covenants from the date of such Retirement through the final vesting date (the “Restricted Period”):

(i) No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.

(ii) No Solicitation of Customers or Clients. Grantee shall not during the Restricted Period solicit any customer or client of SunTrust or any SunTrust Affiliate with whom Grantee had any material business contact during the two (2) year period which ends on the date Grantee's employment by SunTrust or a SunTrust Affiliate terminates for the purpose of competing with SunTrust or any SunTrust Affiliate for any reason, either individually, or as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director of, or service provider to, any corporation, partnership, venture or other business entity.

(iii) Anti-pirating of Employees. Absent the Compensation Committee's written consent, Grantee will not during the Restricted Period solicit to employ on Grantee's own behalf or on behalf of any other person, firm or corporation, any person who was employed by SunTrust or a SunTrust Affiliate during the term of Grantee's employment by SunTrust or a SunTrust Affiliate (whether or not such employee would commit a breach of contract), and who has not ceased to be employed by SunTrust or a SunTrust Affiliate for a period of at least one (1) year.

(iv) Protection of Trade Secrets and Confidential Information. Grantee hereby agrees that Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Trade Secret that Grantee may have acquired during the term of Grantee's employment by SunTrust or a SunTrust Affiliate for so long as such information remains a Trade Secret. In addition Grantee agrees that during the Restricted Period Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Confidential or Proprietary Information that Grantee may have acquired (whether or not developed or compiled by Grantee and whether or not Grantee was authorized to have access to such information) during the term of, in the course of, or as a result of Grantee's employment by SunTrust or a SunTrust Affiliate.

(v) Non-Disparagement. Grantee agrees not to knowingly make false or materially misleading statements or disparaging comments about SunTrust or any SunTrust Affiliate during the Restricted Period.

(vi) Reasonable and Necessary Restrictions. Grantee acknowledges that the restrictions, prohibitions and other provisions set forth in this Unit Agreement, including without limitation the Territory and Restricted Period, are reasonable, fair and equitable in scope, terms and duration; are necessary to protect the legitimate business interests of SunTrust; and are a material inducement to SunTrust to enter into this Unit Agreement. Grantee covenants that Grantee will not challenge the enforceability of this Unit Agreement nor will Grantee raise any equitable defense to its enforcement.

(vii) Additional Definitions. (A) The term “Confidential or Proprietary Information” for purposes of this Unit Agreement shall mean any secret, confidential, or proprietary information of SunTrust or a SunTrust Affiliate (other than a Trade Secret) that has not become generally available to the public by the act of one who has the right to disclose such information without violating any right of SunTrust or a SunTrust Affiliate. (B) The term “Financial Services Business” for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term “Managerial Responsibilities” for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as those Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term “SunTrust Affiliate” for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of Section 424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under Section 424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term “Territory” for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) “Trade Secret” for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

Failure of a Grantee subject to this §7(d) to fully perform the covenants set forth above will result in a forfeiture of all unpaid Restricted Stock Units (and related Dividend Equivalent Rights) under this Unit Agreement as of the date of such failure. Such forfeiture will be in compliance with Treas. Reg. §1.409A-3(f).

§8. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§9. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust’s obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment.

(b) The Committee shall have the right to reduce the number of shares of Stock delivered to the Grantee to satisfy the minimum applicable tax withholding requirements.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee’s employment with or without cause at any time.

§11. OTHER LAWS. SunTrust shall have the right to refuse to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that the issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

(c) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(d) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(e) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(f) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

EX-10.6

EXHIBIT 10.6

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

RESTRICTED STOCK UNIT AGREEMENT

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted stock units of SunTrust Common Stock, $1.00 par value (“RSUs”), upon the following terms as an incentive for Grantee to promote the interests of SunTrust:

Name of Grantee	[Name]
Restricted Stock Units	[Number of Units]
Grant Date	[Grant Date]

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This Grant of RSUs to the Grantee is effective as of [Grant Date] (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) Change in Control - means a “Change in Control” as defined in Section 2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(b) Code - means the Internal Revenue Code of 1986, as amended.

(c) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Participant’s employer and, in addition, has begun to receive benefits under SunTrust’s Long-Term Disability Plan.

(d) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid; provided, however, the amount of any Dividend Equivalent Rights on unvested Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(e) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code section 409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code section 416(i) without regard to section (5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust’s controlled group, as determined under Code Section 414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code section 409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(f) Retirement - means the termination of employment of the Grantee from SunTrust and its Subsidiaries on or after attaining age 60 and completing ten (10) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, a Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 60 or completing at least ten (10) years of service is not eligible for Retirement.

(g) Separation from Service - means a “separation from service” within the meaning of Code section 409A.

(h) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(i) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(j) Termination for Cause or Terminated for Cause - means a termination of employment which is due to (i) the Grantee’s willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee’s conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee’s material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee’s engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee’s engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee’s failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(k) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

§ 3. VESTING DATE. This RSU grant (and related Dividend Equivalent Rights), if it has not earlier vested in accordance with §4 or §5, shall vest in full on the applicable day specified in the following vesting schedule (each a “Vesting Date”):

33⅓	% of the Grant shall be vested on the first anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the second anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the third anniversary of the Grant Date.

provided, that on such applicable Vesting Date, Grantee is an active employee of SunTrust or a Subsidiary and has been in the continuous employment of SunTrust or a Subsidiary from the Grant Date through such applicable Vesting Date. If Grantee is not an active employee of SunTrust or a Subsidiary on a Vesting Date, Grantee forfeits all rights to any shares that would otherwise vest on that Vesting Date and on any subsequent Vesting Date; provided, however, shares may vest prior to the Vesting Dates set forth above in accordance with the provisions of §4 or §5.

§4. ACCELERATED VESTING: CHANGE IN CONTROL. Any RSUs not previously vested shall vest on the date that all of the following events have occurred: (i) there is a Change in Control of SunTrust on or before any Vesting Date; (ii) the Grantee’s employment with SunTrust terminates after the date of such Change in Control, and (iii) such termination of Grantee’s employment is either (1) involuntary on the part of the Grantee and does not result from his or her death or Disability, and does not constitute a Termination for Cause, or (2) voluntary on the part of the Grantee and constitutes a Termination for Good Reason.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5. TERMINATION OF EMPLOYMENT.

(a) If prior to any Vesting Date, the Grantee’s employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c), or §5(d), and the termination does not result in accelerated vesting as described in § 4, then any RSUs (and Dividend Equivalent Rights) that are not then vested shall be completely forfeited on the date of such termination of Grantee’s employment. Notwithstanding anything in this §5 to the contrary, if Grantee’s employment with SunTrust and its Subsidiaries is terminated “For Cause,” as described above, any RSU which has not vested prior to the effective date of such termination will immediately and automatically be forfeited by the Grantee without any action on the part of the Grantee or SunTrust.

(b) If the Grantee’s employment with SunTrust terminates prior to any Vesting Date as a result of the Grantee’s (i) death, or (ii) Disability, then any RSUs not previously vested shall be vested immediately on the date of such termination of Grantee’s employment.

(c) If the Grantee's employment with SunTrust is involuntarily terminated by reason of a reduction in force which results in Grantee's eligibility for payment of a severance benefit pursuant to the terms of the SunTrust Banks, Inc. Severance Pay Plan or a Severance Plan or any successor to such plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under any such Plan), then a pro-rata number of shares shall be vested based on the Grantee's service completed from the Grant Date through the date of such termination of Grantee's employment.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(d) If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to a Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement ,such Grantee shall, subject to §7(d) below, be fully vested in his unvested Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement upon the date of such termination.

§6. PAYMENT OF AWARD.

(a) Subject to §6(b), the total number of Restricted Stock Units (and related Dividend Equivalent Rights) which vest, if any, in accordance with §3, §4, or §5 of this Unit Agreement (the “Vested Units”) shall be paid in an equivalent number of shares of Stock on the specified dates, as follows:

33⅓%	shall be paid on the first anniversary of the Grant Date;
33⅓%	shall be paid on the second anniversary of the Grant Date;
33⅓%	shall be paid on the third anniversary of the Grant Date.

Payments made pursuant to this sub-paragraph (a) will deemed to be made on the specified date if such payment are made within the sixty (60) day period which commences immediately following the specified date.

(b) Notwithstanding the specified dates set forth in §6(a), the total number of Vested Units shall be distributed in an equivalent number of shares of Stock upon the earliest to occur of the following: (i) the date of the Grantee’s death, (ii) the date of the Grantee’s Disability, or (iii) if prior to the date a Grantee becomes eligible for Retirement, the date of the Grantee’s Separation from Service. In the event payment is made pursuant to this sub-paragraph (b) such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event.

(c) Except as set forth below, the Vested Units shall be distributed in an equivalent number of shares of Stock; provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to § 4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee’s Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee’s Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units vest pursuant to §4, related Dividend Equivalent Rights shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§ 7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust’s rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

(d) In the event of the Grantee’s Retirement, such Grantee must fully perform the following covenants from the date of such Retirement through the final vesting date (the “Restricted Period”):

(i) No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.

(ii) No Solicitation of Customers or Clients. Grantee shall not during the Restricted Period solicit any customer or client of SunTrust or any SunTrust Affiliate with whom Grantee had any material business contact during the two (2) year period which ends on the date Grantee's employment by SunTrust or a SunTrust Affiliate terminates for the purpose of competing with SunTrust or any SunTrust Affiliate for any reason, either individually, or as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director of, or service provider to, any corporation, partnership, venture or other business entity.

(iii) Anti-pirating of Employees. Absent the Compensation Committee's written consent, Grantee will not during the Restricted Period solicit to employ on Grantee's own behalf or on behalf of any other person, firm or corporation, any person who was employed by SunTrust or a SunTrust Affiliate during the term of Grantee's employment by SunTrust or a SunTrust Affiliate (whether or not such employee would commit a breach of contract), and who has not ceased to be employed by SunTrust or a SunTrust Affiliate for a period of at least one (1) year.

(iv) Protection of Trade Secrets and Confidential Information. Grantee hereby agrees that Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Trade Secret that Grantee may have acquired during the term of Grantee's employment by SunTrust or a SunTrust Affiliate for so long as such information remains a Trade Secret. In addition Grantee agrees that during the Restricted Period Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Confidential or Proprietary Information that Grantee may have acquired (whether or not developed or compiled by Grantee and whether or not Grantee was authorized to have access to such information) during the term of, in the course of, or as a result of Grantee's employment by SunTrust or a SunTrust Affiliate.

(v) Non-Disparagement. Grantee agrees not to knowingly make false or materially misleading statements or disparaging comments about SunTrust or any SunTrust Affiliate during the Restricted Period.

(vi) Reasonable and Necessary Restrictions. Grantee acknowledges that the restrictions, prohibitions and other provisions set forth in this Unit Agreement, including without limitation the Territory and Restricted Period, are reasonable, fair and equitable in scope, terms and duration; are necessary to protect the legitimate business interests of SunTrust; and are a material inducement to SunTrust to enter into this Unit Agreement. Grantee covenants that Grantee will not challenge the enforceability of this Unit Agreement nor will Grantee raise any equitable defense to its enforcement.

(vii) Additional Definitions. (A) The term “Confidential or Proprietary Information” for purposes of this Unit Agreement shall mean any secret, confidential, or proprietary information of SunTrust or a SunTrust Affiliate (other than a Trade Secret) that has not become generally available to the public by the act of one who has the right to disclose such information without violating any right of SunTrust or a SunTrust Affiliate. (B) The term “Financial Services Business” for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term “Managerial Responsibilities” for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as those Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term “SunTrust Affiliate” for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of Section 424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under Section 424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term “Territory” for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) “Trade Secret” for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

Failure of a Grantee subject to this §7(d) to fully perform the covenants set forth above will result in a forfeiture of all unpaid Restricted Stock Units (and related Dividend Equivalent Rights) under this Unit Agreement as of the date of such failure. Such forfeiture will be in compliance with Treas. Reg. §1.409A-3(f).

§8. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§9. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust’s obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment.

(b) The Committee shall have the right to reduce the number of shares of Stock delivered to the Grantee to satisfy the minimum applicable tax withholding requirements.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee’s employment with or without cause at any time.

§11. OTHER LAWS. SunTrust shall have the right to refuse to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that the issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

(c) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(d) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(e) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(f) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

EX-10.7

EXHIBIT 10.7

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

RESTRICTED STOCK UNIT AGREEMENT

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted stock units of SunTrust Common Stock, $1.00 par value (“RSUs”), upon the following terms as an incentive for Grantee to promote the interests of SunTrust:

Name of Grantee	[Name]
Restricted Stock Units	[Number of Units]
Grant Date	[Grant Date]

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This Grant of RSUs to the Grantee is effective as of [Grant Date] (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) Change in Control - means a “Change in Control” as defined in Section 2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(b) Code - means the Internal Revenue Code of 1986, as amended.

(c) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Participant’s employer and, in addition, has begun to receive benefits under SunTrust’s Long-Term Disability Plan.

(d) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid; provided, however, the amount of any Dividend Equivalent Rights on unvested Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(e) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code section 409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code section 416(i) without regard to section (5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust’s controlled group, as determined under Code Section 414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code section 409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(f) Retirement - means the termination of employment of the Grantee from SunTrust and its Subsidiaries on or after attaining age 55 and completing five (5) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, a Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 55 or completing at least five (5) years of service is not eligible for Retirement.

(g) Separation from Service - means a “separation from service” within the meaning of Code section 409A.

(h) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(i) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(j) Termination for Cause or Terminated for Cause - means a termination of employment which is due to (i) the Grantee’s willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee’s conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee’s material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee’s engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee’s engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee’s failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(k) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

§ 3. VESTING DATE. This RSU grant (and related Dividend Equivalent Rights), if it has not earlier vested in accordance with §4 or §5, shall vest in full on the applicable day specified in the following vesting schedule (each a “Vesting Date”):

33⅓	% of the Grant shall be vested on the first anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the second anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the third anniversary of the Grant Date.

provided, that on such applicable Vesting Date, Grantee is an active employee of SunTrust or a Subsidiary and has been in the continuous employment of SunTrust or a Subsidiary from the Grant Date through such applicable Vesting Date. If Grantee is not an active employee of SunTrust or a Subsidiary on a Vesting Date, Grantee forfeits all rights to any shares that would otherwise vest on that Vesting Date and on any subsequent Vesting Date; provided, however, shares may vest prior to the Vesting Dates set forth above in accordance with the provisions of §4 or §5.

§4. ACCELERATED VESTING: CHANGE IN CONTROL. Any RSUs not previously vested shall vest on the date that all of the following events have occurred: (i) there is a Change in Control of SunTrust on or before any Vesting Date; (ii) the Grantee’s employment with SunTrust terminates after the date of such Change in Control, and (iii) such termination of Grantee’s employment is either (1) involuntary on the part of the Grantee and does not result from his or her death or Disability, and does not constitute a Termination for Cause, or (2) voluntary on the part of the Grantee and constitutes a Termination for Good Reason.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5. TERMINATION OF EMPLOYMENT.

(a) If prior to any Vesting Date, the Grantee’s employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c), or §5(d), and the termination does not result in accelerated vesting as described in § 4, then any RSUs (and Dividend Equivalent Rights) that are not then vested shall be completely forfeited on the date of such termination of Grantee’s employment. Notwithstanding anything in this §5 to the contrary, if Grantee’s employment with SunTrust and its Subsidiaries is terminated “For Cause,” as described above, any RSU which has not vested prior to the effective date of such termination will immediately and automatically be forfeited by the Grantee without any action on the part of the Grantee or SunTrust.

(b) If the Grantee’s employment with SunTrust terminates prior to any Vesting Date as a result of the Grantee’s (i) death, or (ii) Disability, then any RSUs not previously vested shall be vested immediately on the date of such termination of Grantee’s employment.

(c) If the Grantee's employment with SunTrust is involuntarily terminated by reason of a reduction in force which results in Grantee's eligibility for payment of a severance benefit pursuant to the terms of the SunTrust Banks, Inc. Severance Pay Plan or a Severance Plan or any successor to such plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under any such Plan), then a pro-rata number of shares shall be vested based on the Grantee's service completed from the Grant Date through the date of such termination of Grantee's employment.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(d) If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to a Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement ,, such Grantee shall, subject to §7(d) below, be fully vested in his unvested Restricted Stock Units (and related Dividend Equivalent Rights) subject to this Unit Agreement upon the date of such termination.

§6. PAYMENT OF AWARD.

(a) Subject to §6(b), the total number of Restricted Stock Units (and related Dividend Equivalent Rights) which vest, if any, in accordance with §3, §4, or §5 of this Unit Agreement (the “Vested Units”) shall be paid in an equivalent number of shares of Stock on the specified dates, as follows:

33⅓%	shall be paid on the first anniversary of the Grant Date;
33⅓%	shall be paid on the second anniversary of the Grant Date;
33⅓%	shall be paid on the third anniversary of the Grant Date.

Payments made pursuant to this sub-paragraph (a) will deemed to be made on the specified date if such payment are made within the sixty (60) day period which commences immediately following the specified date.

(b) Notwithstanding the specified dates set forth in §6(a), the total number of Vested Units shall be distributed in an equivalent number of shares of Stock upon the earliest to occur of the following: (i) the date of the Grantee’s death, (ii) the date of the Grantee’s Disability, or (iii) if prior to the date a Grantee becomes eligible for Retirement, the date of the Grantee’s Separation from Service. In the event payment is made pursuant to this sub-paragraph (b) such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event.

(c) Except as set forth below, the Vested Units shall be distributed in an equivalent number of shares of Stock; provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to § 4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee’s Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee’s Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units vest pursuant to §4, related Dividend Equivalent Rights shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§ 7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust’s rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

(d) In the event of the Grantee’s Retirement, such Grantee must fully perform the following covenants from the date of such Retirement through the final vesting date (the “Restricted Period”):

(i) No Competitive Activity. Absent the Committee's written consent, Grantee shall not, during the Restricted Period and within the Territory, engage in any Managerial Responsibilities for or on behalf of any corporation, partnership, venture, or other business entity that engages directly or indirectly in the Financial Services Business whether as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director; provided, however, that Grantee may own up to five percent (5%) of the stock of a publicly traded company that engages in the Financial Services Business so long as Grantee is only a passive investor and is not actively involved in such company in any way.

(ii) No Solicitation of Customers or Clients. Grantee shall not during the Restricted Period solicit any customer or client of SunTrust or any SunTrust Affiliate with whom Grantee had any material business contact during the two (2) year period which ends on the date Grantee's employment by SunTrust or a SunTrust Affiliate terminates for the purpose of competing with SunTrust or any SunTrust Affiliate for any reason, either individually, or as an owner, partner, employee, agent, consultant, advisor, contractor, salesman, stockholder, investor, officer or director of, or service provider to, any corporation, partnership, venture or other business entity.

(iii) Anti-pirating of Employees. Absent the Compensation Committee's written consent, Grantee will not during the Restricted Period solicit to employ on Grantee's own behalf or on behalf of any other person, firm or corporation, any person who was employed by SunTrust or a SunTrust Affiliate during the term of Grantee's employment by SunTrust or a SunTrust Affiliate (whether or not such employee would commit a breach of contract), and who has not ceased to be employed by SunTrust or a SunTrust Affiliate for a period of at least one (1) year.

(iv) Protection of Trade Secrets and Confidential Information. Grantee hereby agrees that Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Trade Secret that Grantee may have acquired during the term of Grantee's employment by SunTrust or a SunTrust Affiliate for so long as such information remains a Trade Secret. In addition Grantee agrees that during the Restricted Period Grantee will hold in a fiduciary capacity for the benefit of SunTrust and each SunTrust Affiliate, and will not directly or indirectly use or disclose, any Confidential or Proprietary Information that Grantee may have acquired (whether or not developed or compiled by Grantee and whether or not Grantee was authorized to have access to such information) during the term of, in the course of, or as a result of Grantee's employment by SunTrust or a SunTrust Affiliate.

(v) Non-Disparagement. Grantee agrees not to knowingly make false or materially misleading statements or disparaging comments about SunTrust or any SunTrust Affiliate during the Restricted Period.

(vi) Reasonable and Necessary Restrictions. Grantee acknowledges that the restrictions, prohibitions and other provisions set forth in this Unit Agreement, including without limitation the Territory and Restricted Period, are reasonable, fair and equitable in scope, terms and duration; are necessary to protect the legitimate business interests of SunTrust; and are a material inducement to SunTrust to enter into this Unit Agreement. Grantee covenants that Grantee will not challenge the enforceability of this Unit Agreement nor will Grantee raise any equitable defense to its enforcement.

(vii) Additional Definitions. (A) The term “Confidential or Proprietary Information” for purposes of this Unit Agreement shall mean any secret, confidential, or proprietary information of SunTrust or a SunTrust Affiliate (other than a Trade Secret) that has not become generally available to the public by the act of one who has the right to disclose such information without violating any right of SunTrust or a SunTrust Affiliate. (B) The term “Financial Services Business” for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term “Managerial Responsibilities” for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as those Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term “SunTrust Affiliate” for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of Section 424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under Section 424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term “Territory” for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) “Trade Secret” for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

Failure of a Grantee subject to this §7(d) to fully perform the covenants set forth above will result in a forfeiture of all unpaid Restricted Stock Units (and related Dividend Equivalent Rights) under this Unit Agreement as of the date of such failure. Such forfeiture will be in compliance with Treas. Reg. §1.409A-3(f).

§8. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§9. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust’s obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment.

(b) The Committee shall have the right to reduce the number of shares of Stock delivered to the Grantee to satisfy the minimum applicable tax withholding requirements.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee’s employment with or without cause at any time.

§11. OTHER LAWS. SunTrust shall have the right to refuse to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that the issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

(c) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(d) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(e) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(f) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

EX-10.8

EXHIBIT 10.8

SunTrust Banks, Inc.

2018 Omnibus Incentive Compensation Plan

RESTRICTED STOCK UNIT AGREEMENT

SunTrust Banks, Inc. (“SunTrust”), a Georgia corporation, pursuant to action of the Compensation Committee (“Committee”) of its Board of Directors and in accordance with the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan (“Plan”), has granted restricted stock units of SunTrust Common Stock, $1.00 par value (“RSUs”), upon the following terms as an incentive for Grantee to promote the interests of SunTrust:

Name of Grantee	[Name]
Restricted Stock Units	[Number of Units]
Grant Date	[Grant Date]

This Restricted Stock Unit Agreement (the “Unit Agreement”) evidences this Grant, which has been made subject to all the terms and conditions set forth on the attached Terms and Conditions and in the Plan.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

§1. EFFECTIVE DATE. This Grant of RSUs to the Grantee is effective as of [Grant Date] (the “Grant Date”).

§2. DEFINITIONS. Whenever the following terms are used in this Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined in this Unit Agreement shall have the same meanings as in the Plan.

(a) Change in Control - means a “Change in Control” as defined in Section 2.15 of the SunTrust Banks, Inc. 2018 Omnibus Incentive Compensation Plan.

(b) Code - means the Internal Revenue Code of 1986, as amended.

(c) Disability - means the Grantee is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering employees of the Participant’s employer and, in addition, has begun to receive benefits under SunTrust’s Long-Term Disability Plan.

(d) Dividend Equivalent Right - means a right that entitles the Grantee to receive an amount equal to any dividends paid on a share of Stock, which dividends have a record date between the Grant Date and the date the Vested Units are paid; provided, however, the amount of any Dividend Equivalent Rights on unvested Restricted Stock Units shall be treated as reinvested in additional shares of Stock on the date such dividends are paid.

(e) Key Employee - means an employee treated as a “specified employee” as of his Separation from Service under Code section 409A(a)(2)(B)(i) (i.e., a key employee (as defined in Code section 416(i) without regard to section (5) thereof)) if the common stock of SunTrust or an affiliate (any member of SunTrust’s controlled group, as determined under Code Section 414(b), (c), or (m)) is publicly traded on an established securities market or otherwise. Key Employees shall be determined in accordance with Code section 409A using a December 31 identification date. A listing of Key Employees as of an identification date shall be effective for the twelve (12) month period beginning on the April 1 following the identification date.

(f) Retirement - means the termination of employment of the Grantee from SunTrust and its Subsidiaries on or after attaining age 55 and completing five (5) or more years of service as determined in accordance with the terms of the SunTrust Banks, Inc. Retirement Plan, as amended from time to time (the “Retirement Plan”). For purposes of this Unit Agreement, a Grantee who is vested in the Retirement Plan benefit but terminates employment before attaining age 55 or completing at least five (5) years of service is not eligible for Retirement.

(g) Separation from Service - means a “separation from service” within the meaning of Code section 409A.

(h) Severance Plan - means any severance program sponsored by SunTrust Banks, Inc.

(i) Stock - means the common stock of SunTrust Banks, Inc. and any successor.

(j) Termination for Cause or Terminated for Cause - means a termination of employment which is due to (i) the Grantee’s willful and continued failure to perform his job duties in a satisfactory manner after written notice from SunTrust to Grantee and a thirty (30) day period in which to cure such failure, (ii) the Grantee’s conviction of a felony or engagement in a dishonest act, misappropriation of funds, embezzlement, criminal conduct or common law fraud, (iii) the Grantee’s material violation of the Code of Business Conduct and Ethics of SunTrust or the Code of Conduct of a Subsidiary, (iv) the Grantee’s engagement in an act that materially damages or materially prejudices SunTrust or any Subsidiary or the Grantee’s engagement in activities materially damaging to the property, business or reputation of SunTrust or any Subsidiary; or (v) the Grantee’s failure and refusal to comply in any material respect with the current and any future amended policies, standards and regulations of SunTrust, any Subsidiary and their regulatory agencies, if such failure continues after written notice from SunTrust to the Grantee and a thirty (30) day period in which to cure such failure, or the determination by any such governing agency that the Grantee may no longer serve as an officer of SunTrust or a Subsidiary.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Cause” shall have the meaning provided in the Severance Plan.

(k) Termination for Good Reason - means a termination of employment by Grantee due to (i) any action taken by the Company or an Affiliate which results in a material reduction in the Participant’s authority, duties or responsibilities (except that any change in the foregoing that results solely from (A) the Company ceasing to be a publicly traded entity or from the Company becoming a wholly-owned subsidiary of another publicly traded entity or (B) any change in the geographic scope of the Participant’s authority,

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

duties or responsibilities will not, in any event and standing alone, constitute a substantial reduction in the Participant’s authority, duties or responsibilities); (ii) the assignment to the Participant of duties that are materially inconsistent with Participant’s authority, duties or responsibilities; (iii) any material decrease in the Participant’s base salary or annual bonus opportunity, except to the extent the Company has instituted a salary or bonus reduction generally applicable to all similar employees of the Company other than in contemplation of or after a Change in Control; (iv) the relocation of the Participant to any principal place of employment other than that as of the date of grant of the Award, or any requirement that Participant relocate his residence other than to that as of the date of grant of the Award, without the Participant's express written consent to either such relocation, which in either event would increase the Participant’s commute by more than fifty (50) miles; provided, however, this subsection (iv) shall not apply in the case of business travel which requires the Participant to relocate temporarily for periods of ninety (90) days or less; or (v) the failure by the Company to pay to the Participant any portion of the Participant’s base salary or annual bonus within thirty (30) days after the date the same is due.

Notwithstanding anything herein to the contrary, if the Grantee is covered by a Severance Plan at the time of his termination of employment with SunTrust or a Subsidiary, solely for purposes of this Unit Agreement, “Good Reason” shall have the meaning provided in the Severance Plan.

§3. VESTING DATE. This RSU grant (and related Dividend Equivalent Rights), if it has not earlier vested in accordance with §4 or §5, shall vest in full on the applicable day specified in the following vesting schedule (each a “Vesting Date”):  

33⅓	% of the Grant shall be vested on the first anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the second anniversary of the Grant Date;
33⅓	% of the Grant shall be vested on the third anniversary of the Grant Date.

provided, that on such applicable Vesting Date, Grantee is an active employee of SunTrust or a Subsidiary and has been in the continuous employment of SunTrust or a Subsidiary from the Grant Date through such applicable Vesting Date. If Grantee is not an active employee of SunTrust or a Subsidiary on a Vesting Date, Grantee forfeits all rights to any shares that would otherwise vest on that Vesting Date and on any subsequent Vesting Date; provided, however, shares may vest prior to the Vesting Dates set forth above in accordance with the provisions of §4 or §5.

§4. ACCELERATED VESTING: CHANGE IN CONTROL. Any RSUs not previously vested shall vest on the date that all of the following events have occurred: (i) there is a Change in Control of SunTrust on or before any Vesting Date; (ii) the Grantee’s employment with SunTrust terminates after the date of such Change in Control, and (iii) such termination of Grantee’s employment is either (1) involuntary on the part of the Grantee and does not result from his or her death or Disability, and does not constitute a Termination for Cause, or (2) voluntary on the part of the Grantee and constitutes a Termination for Good Reason.

Notwithstanding anything herein to the contrary, if the Grantee covered by a Severance Plan on the date of a Change in Control that provides for more generous vesting of the Restricted Stock Units, such vesting provisions of the Severance Plan shall govern.

§5 TERMINATION OF EMPLOYMENT.

(a) If prior to any Vesting Date, the Grantee’s employment with SunTrust and its Subsidiaries terminates for any reason other than those described in §5(b), §5(c) and §5(d) and the termination does not result in accelerated vesting as described in §4, then any RSUs (and Dividend Equivalent Rights) that are not then vested shall be completely forfeited on the date of such termination of Grantee’s employment. Notwithstanding anything in this §5 to the contrary, if Grantee’s employment with SunTrust and its Subsidiaries is terminated “For Cause,” as described above, any RSU which has not vested prior to the effective date of such termination will immediately and automatically be forfeited by the Grantee without any action on the part of the Grantee or SunTrust. (b) If the Grantee’s employment with SunTrust terminates prior to any Vesting Date as a result of the Grantee’s (i) death, or (ii) Disability, then any RSUs not previously vested shall be vested immediately on the date of such termination of Grantee’s employment.

(c) If the Grantee's employment with SunTrust is involuntarily terminated by reason of a reduction in force which results in Grantee's eligibility for payment of a severance benefit pursuant to the terms of the SunTrust Banks, Inc. Severance Pay Plan or a Severance Plan or any successor to such plan (including the requirement that the Grantee sign and not revoke the Severance Agreement, Waiver and Release required under any such Plan), then a pro-rata number of shares, shall be vested based on the Grantee's service completed from the Grant Date through the date of such termination of Grantee's employment.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(d) If the Grantee's employment with SunTrust and its Subsidiaries terminates prior to a Vesting Date and the date of a Change in Control as a result of the Grantee's Retirement then a pro-rata number of shares shall be vested based on the Grantee's service completed from the Grant Date through the date of such termination of the Grantee’s employment.

§6. PAYMENT OF AWARD.

(a) Subject to §6(b), the total number of Restricted Stock Units (and related Dividend Equivalent Rights) which vest, if any, in accordance with §3, §4, or §5 of this Unit Agreement (the “Vested Units”) shall be paid in an equivalent number of shares of Stock on the specified dates, as follows:

[insert # equal to 33⅓%]	shall be paid on the first anniversary of the Grant Date;
[insert # equal to 33⅓%]	shall be paid on the second anniversary of the Grant Date;
[insert # equal to 33⅓%]	shall be paid on the third anniversary of the Grant Date.

Payments made pursuant to this sub-paragraph (a) will deemed to be made on the specified date if such payment are made within the sixty (60) day period which commences immediately following the specified date.

 (b) Notwithstanding the specified dates set forth in §6(a), the total number of Vested Units shall be distributed in an equivalent number of shares of Stock upon the earliest to occur of the following: (i) the date of the Grantee’s death, (ii) the date of the Grantee’s Disability, or (iii) the date of the Grantee’s Separation from Service. In the event payment is made pursuant to this sub-paragraph (b) such payment shall be made within the sixty (60) day period which commences immediately following the date of the applicable event .

(c) Except as set forth below, the Vested Units shall be distributed in an equivalent number of shares of Stock; provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units (and related Dividend Equivalent Rights) vest following a Change in Control pursuant to §4, the Vested Units shall be paid in cash, and the amount of the payment for each Vested Unit to be paid in cash will equal the Fair Market Value of a share of Stock on the date of the Change in Control.

(d) Notwithstanding anything herein to the contrary, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six (6) months after the date of the Key Employee’s Separation from Service (or, if earlier, the date of death of the Key Employee). Any payments that would otherwise be made during this period of delay shall be accumulated and paid in the seventh month following the Grantee’s Separation from Service.

(e) The Grantee shall be entitled to a Dividend Equivalent Right for each Vested Unit. At the same time that the Vested Units are paid, SunTrust shall pay each Dividend Equivalent Right in shares of Stock to the Grantee, provided, however, the Grantee’s right to any fractional share of Stock shall be paid in cash. In the event the Restricted Stock Units vest pursuant to §4, related Dividend Equivalent Rights shall be paid in cash.

(f) The Grantee will not have any shareholder rights with respect to the Restricted Stock Units, including the right to vote or receive dividends, unless and until shares of Stock are issued to the Grantee as payment of the vested Restricted Stock Units.

§7. COVENANTS, RESTRICTIONS AND LIMITATIONS.

(a) By accepting the Restricted Stock Units, the Grantee agrees not to sell Stock at a time when applicable laws or SunTrust’s rules prohibit a sale. This restriction will apply as long as the Grantee is an employee, consultant or director of SunTrust or a Subsidiary of SunTrust. Upon receipt of nonforfeitable shares of Stock pursuant to this Unit Agreement, the Grantee agrees, if so requested by SunTrust, to hold such shares for investment and not with a view of resale or distribution to the public, and if requested by SunTrust, the Grantee must deliver to SunTrust a written statement satisfactory to SunTrust to that effect. The Committee may refuse to issue any shares of Stock to the Grantee for which the Grantee refuses to provide an appropriate statement.

(b) To the extent that the Grantee does not vest in any Restricted Stock Units, all interest in such units, the related shares of Stock, and any Dividend Equivalent Rights shall be forfeited. The Grantee shall have no right or interest in any Restricted Stock Unit or related share of Stock that is forfeited.

TERMS AND CONDITIONS RESTRICTED STOCK UNIT AGREEMENT

(c) Upon each issuance or transfer of shares of Stock in accordance with this Unit Agreement, a number of Restricted Stock Units equal to the number of shares of Stock issued or transferred to the Grantee shall be extinguished and such number of Restricted Stock Units will not be considered to be held by the Grantee for any purpose.

§8. RECOVERY OF AWARDS. Federal law requires that if it is determined that there is a miscalculation of a financial performance measure, whether or not the Company is required to restate its financial statements and regardless of fault, the Grantee may be required to reimburse all or a portion of Grant to the extent that the amount granted exceeds the actual amount the Grantee would have been granted based on the revised financial results. In addition, SunTrust has a recoupment policy that sets out the events, in addition to the federal law requirements, that could lead to recoupment of an award. By accepting this Grant, Grantee agrees to return to SunTrust (or to the cancellation of) all or a portion of any grant paid or unpaid, vested or unvested, previously granted to such Grantee based upon a determination made by the Committee or the Significant Event and Incentive Review Committee (SEIRC), as the case may be, pursuant to SunTrust’s recoupment policy in effect from time to time that a recoupment should be made. SunTrust’s recoupment policy is available in PPM HR-Recoup-1000 Recoupment Policy.

§9. WITHHOLDING.

(a) Upon the payment of any Restricted Stock Units, SunTrust’s obligation to deliver shares of Stock or cash to settle the Vested Units and Dividend Equivalent Rights shall be subject to the satisfaction of applicable tax withholding requirements, including federal, state, and local requirements. The Grantee must pay to SunTrust any applicable federal, state or local withholding tax due as a result of such payment.

(b) The Committee shall have the right to reduce the number of shares of Stock delivered to the Grantee to satisfy the minimum applicable tax withholding requirements.

§10. NO EMPLOYMENT RIGHTS. Nothing in the Plan or this Unit Agreement or any related material shall give the Grantee the right to continue in the employment of SunTrust or any Subsidiary or adversely affect the right of SunTrust or any Subsidiary to terminate the Grantee’s employment with or without cause at any time.

§11. OTHER LAWS. SunTrust shall have the right to refuse to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that the issuance or transfer of such Stock might violate any applicable law or regulation.

§12. MISCELLANEOUS.

(a) This Unit Agreement shall be subject to all of the provisions, definitions, terms and conditions set forth in the Plan and any interpretations, rules and regulations promulgated by the Committee from time to time, all of which are incorporated by reference in this Unit Agreement.

(b) The Plan and this Unit Agreement shall be governed by the laws of the State of Georgia (without regard to its choice-of-law provisions).

(c) Any written notices provided for in this Unit Agreement that are sent by mail shall be deemed received three (3) business days after mailing, but not later than the date of actual receipt or, if delivered electronically, on the date of transmission. Notices shall be directed, if to Grantee, at Grantee’s address (or email address) indicated by SunTrust’s records and, if to SunTrust, at SunTrust’s principal executive office.

(d) If one or more of the provisions of this Unit Agreement shall be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or unenforceable provisions shall be deemed null and void; however, to the extent permissible by law, any provisions which could be deemed null and void shall first be construed, interpreted or revised retroactively to permit this Unit Agreement to be construed so as to foster the intent of this Unit Agreement and the Plan.

(e) This Unit Agreement (which incorporates the terms and conditions of the Plan) constitutes the entire agreement of the parties with respect to the subject matter hereof. This Unit Agreement supersedes all prior discussions, negotiations, understandings, commitments and agreements with respect to such matters.

(f) The Restricted Stock Units are intended to comply with Code §409A and official guidance issued thereunder. Notwithstanding anything herein to the contrary, this Unit Agreement shall be interpreted, operated and administered in a manner consistent with this intention.

EX-31.1

EXHIBIT 31.1

CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

SEC RELEASE NO. 33-8124

I, William H. Rogers, Jr., certify that:

(1) I have reviewed this Quarterly Report on Form 10-Q of SunTrust Banks, Inc.;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 4, 2018.

/s/ William H. Rogers, Jr.

William H. Rogers, Jr.,

Chairman of the Board and Chief Executive Officer

EX-31.2

EXHIBIT 31.2

CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

SEC RELEASE NO. 33-8124

I, L. Allison Dukes, certify that:

(1) I have reviewed this Quarterly Report on Form 10-Q of SunTrust Banks, Inc.;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 4, 2018.

/s/ L. Allison Dukes

L. Allison Dukes, Corporate Executive

Vice President and Chief Financial Officer

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of SunTrust Banks, Inc. (the “Company”) for the period ended March 31, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, William H. Rogers, Jr., Chairman of the Board and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 4, 2018.

/s/ William H. Rogers, Jr.

William H. Rogers, Jr.,

Chairman of the Board and Chief Executive Officer

EX-32.2

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of SunTrust Banks, Inc. (the “Company”) for the period ended March 31, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, L. Allison Dukes, Corporate Executive Vice President and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 4, 2018.

/s/ L. Allison Dukes

L. Allison Dukes, Corporate Executive

Vice President and Chief Financial Officer

XML

Document and Entity Information - $ / shares	3 Months Ended
	Mar. 31, 2018	Apr. 30, 2018	Dec. 31, 2017
Entity Registrant Name	SUNTRUST BANKS INC
Entity Central Index Key	0000750556
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		464,826,552
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Common Stock, Par or Stated Value Per Share	$ 1.00		$ 1.00

XML

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017
Interest Income
Interest and fees on loans		$ 1,398		$ 1,289
Interest and fees on loans held for sale		21		24
Interest and Dividend Income, Securities, Available-for-sale	[1],[2]	206		182
Trading account interest and other	[2]	43		33
Total interest income		1,668		1,528
Interest Expense
Interest on deposits		131		80
Interest Expense, Long-term Debt		74		70
Interest on other borrowings		22		12
Total interest expense		227		162
Net, interest income		1,441		1,366	[3],[4]
Provision for Loan, Lease, and Other Losses		28	[5]	119	[3],[4],[6]
Interest Income (Expense), after Provision for Loan Loss		1,413		1,247
Noninterest Income
Service charges on deposit accounts		146	[7]	148	[8]
Fees and Commissions, Other		87	[7]	95	[8]
Fees and Commissions, Credit and Debit Cards		81	[7]	82	[8]
Investment Banking Revenue		131	[7]	167	[8]
Trading Gain (Loss)		42	[7]	51	[8]
Fees and Commissions, Fiduciary and Trust Activities		75	[7]	75	[8]
Investment Advisory, Management and Administrative Fees		72	[7]	68	[8]
Fees and Commissions, Mortgage Banking		36	[7]	53	[8]
Servicing Fees, Net		(54)	[7]	(58)	[8]
commercial real estate related income		23	[7]	20	[8]
Gain (Loss) on Sale of Securities, Net		1	[7]	0	[8]
Noninterest Income, Other Operating Income		48	[7]	30	[8]
Total noninterest income		796	[7]	847	[3],[4],[8]
Noninterest Expense
Employee compensation		707		717
Other Labor-related Expenses		146		135
Outside processing and software		206		205
Net occupancy expense		94		92
Federal Deposit Insurance Corporation Premium Expense		41		48
Marketing and Advertising Expense		41		42
Equipment Expense		40		39
Operating losses		6		32
Amortization		15		13
Other Noninterest Expense		121		142
Noninterest Expense		1,417		1,465	[3],[4]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest		792		629
Income Tax Expense (Benefit)		147		159
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest		645		470	[3],[4]
Net Income (Loss) Attributable to Noncontrolling Interest		2		2	[3],[4]
Net Income (Loss) Attributable to Parent		643		468	[3],[4]
Net Income (Loss) Available to Common Stockholders, Basic		$ 612		$ 451
Earnings Per Share, Diluted		$ 1.29		$ 0.91
Earnings Per Share, Basic		1.31		0.92
Common Stock, Dividends, Per Share, Declared		$ 0.40		$ 0.26
Weighted Average Number of Shares Outstanding, Diluted		473,620		496,002
Weighted Average Number of Shares Outstanding, Basic		468,723		490,091

[1] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other on the Consolidated Statements of Income. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

[2] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

[3] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[4] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[5] Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

[6] Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

[7] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[8] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

XML

Consolidated Statements of Comprehensive Income Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net Income (Loss) Attributable to Parent	$ 643	$ 468	[1],[2]
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	(425)	2
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	(124)	(42)
Other Comprehensive Income (Loss), Brokered Time Deposits, Net of Tax	1	0
Other Comprehensive Income (Loss), Long Term Debt, Adjustment, Net of Tax	2	(1)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	(2)	(5)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(548)	(46)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 95	$ 422

[1] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[2] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

XML

Consolidated Statements of Comprehensive Income Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	$ (130)	$ 1
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	(38)	(24)
Other Comprehensive Income (Loss), Brokered Time Deposits, Tax	0	0
Other Comprehensive Income (Loss), Long Term Debt, Adjustment, Tax	1	(1)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	$ 1	$ (1)

XML

Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and Due from Banks		$ 5,851	$ 5,349
Federal Funds Sold and Securities Purchased under Agreements to Resell		1,428	1,538
Interest-bearing Deposits in Banks and Other Financial Institutions		25	25
Cash and cash equivalents		7,304	6,912
Trading Securities	[1]	5,112	5,093
Available-for-sale Securities	[2],[3]	30,934	30,947	[4]
Loans Held for Sale	[5]	2,377	2,290
Loans held for investment	[6]	142,618	143,181
Loans and Leases Receivable, Allowance		(1,694)	(1,735)
Net loans		140,924	141,446
Property, Plant and Equipment, Net		1,628	1,734
Goodwill		6,331	6,331
Intangible Assets, Net (Excluding Goodwill)	[7]	1,996	1,791
Other Assets	[3]	8,279	9,418
Total assets		204,885	205,962
Liabilities and Shareholders' Equity
Noninterest-bearing consumer and commercial deposits		43,494	42,784
Interest-bearing Deposit Liabilities		118,885	117,996
Total deposits		162,379	160,780
Federal Funds Purchased		1,189	2,561
Securities Sold under Agreements to Repurchase		1,677	1,503
Other Short-term Borrowings		706	717
Long-term Debt	[8]	10,692	9,785
Trading liabilities		1,737	1,283
Other Liabilities		2,236	4,179
Total liabilities		180,616	180,808
Preferred Stock, Value, Outstanding		2,025	2,475
Common Stock, Value, Outstanding		552	550
Additional Paid in Capital		8,960	9,000
Retained earnings		18,107	17,540
Treasury Stock, Value	[9]	(3,853)	(3,591)
Accumulated Other Comprehensive Income (Loss), Net of Tax		(1,522)	(820)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		24,269	25,154
Liabilities and Equity		$ 204,885	$ 205,962
Common Stock, Shares, Outstanding	[10]	469,708	470,931
Common shares authorized		750,000	750,000
Preferred Stock, Shares Outstanding		20	25
Preferred Stock, Shares Authorized		50,000	50,000
Treasury shares of common stock		82,223	79,133
Treasury Stock and Other
Liabilities and Shareholders' Equity
Treasury Stock, Value		$ (3,953)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	[11]	(3,853)	$ (3,591)
Stockholders' Equity Attributable to Noncontrolling Interest		101	103
Variable Interest Entity, Primary Beneficiary [Member]
Assets
Loans held for investment		171	179
Liabilities and Shareholders' Equity
Long-term Debt		$ 182	$ 189
Restricted Stock [Member]
Liabilities and Shareholders' Equity
Common Stock, Shares, Outstanding		9	9
Trading Securities [Member]
Liabilities and Shareholders' Equity
Pledged Assets Separately Reported, Securities Pledged as Collateral, at Fair Value		$ 1,248	$ 1,086
Available-for-sale Securities [Member]
Liabilities and Shareholders' Equity
Pledged Assets Separately Reported, Securities Pledged as Collateral, at Fair Value		$ 214	$ 223

[1] Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral of $1,248 million and $1,086 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[3] Text selection found with no content.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[5] Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

[6] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[7] Excludes fully amortized other intangible assets.

[8] Includes debt of consolidated VIEs of $182 million and $189 million at March 31, 2018 and December 31, 2017, respectively.

[9] Includes noncontrolling interest of $101 million and $103 million at March 31, 2018 and December 31, 2017, respectively.

[10] Includes restricted shares of 9 thousand and 9 thousand at March 31, 2018 and December 31, 2017, respectively.

[11] At March 31, 2018, includes ($3,953) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.At March 31, 2017, includes ($2,812) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.

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Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Millions		Mar. 31, 2018		Dec. 31, 2017		Mar. 31, 2017
Loans Held-for-sale, Fair Value Disclosure		$ 1,428		$ 1,577
Loans Receivable, Fair Value Disclosure		$ 188		196
Other Assets, Fair Value Disclosure				$ 56
Common stock, par value		$ 1.00		$ 1.00
Loans and Leases Receivable, Gross	[1]	$ 142,618		$ 143,181
Long-term Debt	[2]	$ 10,692		$ 9,785
Common Stock, Shares, Outstanding	[3]	469,708		470,931
Variable Interest Entity, Primary Beneficiary [Member]
Loans and Leases Receivable, Gross		$ 171		$ 179
Long-term Debt		182		189
Treasury Stock and Other
Stockholders' Equity Attributable to Noncontrolling Interest		101		103		$ 101
Residential Portfolio Segment [Member]
Loans and Leases Receivable, Gross		$ 38,273		$ 38,620
Restricted Stock [Member]
Common Stock, Shares, Outstanding		9		9
Trading Securities [Member]
Pledged Assets Separately Reported, Securities Pledged as Collateral, at Fair Value		$ 1,248		$ 1,086
Available-for-sale Securities [Member]
Pledged Assets Separately Reported, Securities Pledged as Collateral, at Fair Value		214		223
Fair Value, Measurements, Recurring [Member]
Loans Held-for-sale, Fair Value Disclosure		1,428		1,577
Loans Receivable, Fair Value Disclosure		188		196
Servicing Asset at Fair Value, Amount		1,916		1,710
Other Assets, Fair Value Disclosure		143	[4]	56	[5]
Long-term Debt, Fair Value		209		530
Brokered Time Deposits [Member] | Fair Value, Measurements, Recurring [Member]
Deposits, Fair Value Disclosure		$ 302		$ 236

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes debt of consolidated VIEs of $182 million and $189 million at March 31, 2018 and December 31, 2017, respectively.

[3] Includes restricted shares of 9 thousand and 9 thousand at March 31, 2018 and December 31, 2017, respectively.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[5] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

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Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Millions		Total		Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock and Other	[1]	AOCI Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding					491,000
Total shareholders' equity at Dec. 31, 2016		$ 23,618		$ 1,225	$ 550	$ 9,010	$ 16,000	$ (2,346)		$ (821)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Parent		468	[2],[3]				468
Other Comprehensive Income (Loss), Net of Tax		(46)								(46)
Noncontrolling Interest, Period Increase (Decrease)		(2)						(2)
Dividends, Common Stock, Cash		(128)					(128)
Dividends, Preferred Stock, Cash	[4]	(17)					(17)
Treasury Stock, Shares, Acquired					(7,000)
Treasury Stock, Value, Acquired, Cost Method		(414)						(414)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period					1,000
Stock Issued During Period, Value, Stock Options Exercised		9				12		21
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures					1,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures		(4)				(32)	(1)	29
Total shareholders' equity at Mar. 31, 2017		$ 23,484		1,225	$ 550	8,966	16,322	(2,712)		(867)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding					486,000
Common Stock, Shares, Outstanding		470,931	[5]		471,000
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[6]	$ (10)					144			(154)	[7]
Total shareholders' equity at Dec. 31, 2017		25,154		$ 2,475	$ 550	9,000	17,540	(3,591)		(820)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Parent		643					643
Other Comprehensive Income (Loss), Net of Tax		(548)								(548)
Noncontrolling Interest, Period Increase (Decrease)		(2)						(2)
Dividends, Common Stock, Cash		(187)					(187)
Dividends, Preferred Stock, Cash	[4]	(31)					(31)
Treasury Stock, Shares, Acquired					(5,000)
Treasury Stock, Value, Acquired, Cost Method		(330)						(330)
Stock Redeemed or Called During Period, Shares				(450,000)
Stock Redeemed or Called During Period, Value		(450)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period					1,000
Stock Issued During Period, Value, Stock Options Exercised		32				0		32
Stock Issued During Period, Shares, Other					2,000
Stock Issued During Period, Value, Other		2			$ 2
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures					1,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures		(4)				(40)	(2)	38
Total shareholders' equity at Mar. 31, 2018		$ 24,269		$ 2,025	$ 552	$ 8,960	$ 18,107	$ (3,853)		$ (1,522)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding		469,708	[5]		470,000

[1] At March 31, 2018, includes ($3,953) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.At March 31, 2017, includes ($2,812) million for treasury stock, less than ($1) million for the compensation element of restricted stock, and $101 million for noncontrolling interest.

[2] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[3] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[4] For the three months ended March 31, 2018, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, $1,406 per share for Series F Preferred Stock, $1,038 per share for Series G Preferred Stock, and $1,281 per share for Series H Preferred Stock.For the three months ended March 31, 2017, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, and $1,406 per share for Series F Preferred Stock.

[5] Includes restricted shares of 9 thousand and 9 thousand at March 31, 2018 and December 31, 2017, respectively.

[6] Related to the Company's adoption of ASU 2014-09, ASU 2016-01, ASU 2017-12, and ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

[7] Related to the Company's adoption of ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

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Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Treasury Stock, Value	[1]	$ (3,853)
Common stock dividends, per share		$ 0.40	$ 0.26
Treasury Stock and Other
Treasury Stock, Value		$ (3,953)	$ (2,812)
Deferred Compensation Equity		(1)	(1)
Stockholders' Equity Attributable to Noncontrolling Interest		$ 101	$ 101
Series A Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		$ 1,000	$ 1,000
Series B Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		1,000	1,000
Series E Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		1,469	1,469
Series F Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		1,406	$ 1,406
Series G Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		1,038
Series H Preferred Stock [Member]
Preferred Stock, Dividends, Per Share, Cash Paid		$ 1,281

[1] Includes noncontrolling interest of $101 million and $103 million at March 31, 2018 and December 31, 2017, respectively.

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Consolidated Statements of Cash Flows - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017
Cash Flows from Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest		$ 645		$ 470	[1],[2]
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:
Depreciation, Amortization and Accretion, Net		175		179
Payments to Acquire Mortgage Servicing Rights (MSR)		80		101
Provisions For Credit Losses And Foreclosed Properties		30		121
Stock Option Compensation And Amortization Of Restricted Stock Compensation		56		58
Gain (Loss) on Sale of Securities, Net		1	[3]	0	[4]
Gain (Loss) on Sale of Loans and Leases		(11)		6
Net decrease/(increase) in loans held for sale		100		(2,056)
Increase (Decrease) in Trading Securities		182		8
Net (increase)/decrease in other assets	[5]	(644)		(389)
Increase (Decrease) in Other Operating Liabilities	[5]	(110)		(284)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations		(200)		2,096
Cash Flows from Investing Activities:
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities		858		993
Proceeds from Sale of Available-for-sale Securities		1,663		0
Payments to Acquire Available-for-sale Securities		2,689		1,450
Proceeds from (payments for) Originations and Purchases of Loans Held-for-investment		413		(492)
Proceeds from sales of loans		36		118
Payments for (Proceeds from) Mortgage Servicing Rights		(60)		0
Capital expenditures		(67)		(43)
Proceeds from Sale of Other Real Estate		52		55
Payments for (Proceeds from) Other Investing Activities	[5]	3		2
Net Cash Provided by (Used in) Investing Activities, Continuing Operations		209		(817)
Cash Flows from Financing Activities:
Net (decrease)/increase in total deposits		1,599		2,455
Net increase/(decrease) in funds purchased, securities sold under agreements to repurchase, and other short-term borrowings		(1,209)		(68)
Proceeds from Issuance of Long-term Debt		1,311		1,340
Repayment of long-term debt		(333)		(2,576)
Payments for Repurchase of Preferred Stock and Preference Stock		(450)		0
Payments for Repurchase of Common Stock		(330)		(414)
Common and preferred dividends paid		(197)		(138)
Payments Related to Tax Withholding for Share-based Compensation		(42)		(36)
Proceeds from the exercise of stock options		34		9
Net Cash Provided by (Used in) Financing Activities, Continuing Operations		383		572
Cash and Cash Equivalents, Period Increase (Decrease)		392		1,851
Cash and cash equivalents		6,912		6,423
Cash and cash equivalents		7,304		8,274
Supplemental Disclosures:
Transfer of Loans Held-for-sale to Portfolio Loans		6		7
Transfer of Portfolio Loans and Leases to Held-for-sale		204		60
Transfer to Other Real Estate		$ 19		$ 15

[1] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[2] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[3] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[4] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

[5] Related to the Company's adoption of ASU 2016-15, certain prior period amounts have been retrospectively reclassified between operating activities and investing activities. See Note 1, "Significant Accounting Policies," for additional information.

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Significant Accounting Policies

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation and Basis of Presentation

The unaudited Consolidated Financial Statements included within this report have been prepared in accordance with U.S. GAAP to present interim financial statement information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete, consolidated financial statements. However, in the opinion of management, all adjustments, consisting only of normal recurring adjustments that are necessary for a fair presentation of the results of operations in these financial statements, have been made.

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying Notes; actual results could vary from these estimates. Certain reclassifications have been made to prior period amounts to conform to the current period presentation. Interim Consolidated Financial Statements should be read in conjunction with the Company’s 2017 Annual Report on Form 10-K.

Changes in Significant Accounting Policies

Pursuant to the Company's adoption of certain ASUs as of January 1, 2018, the following significant accounting policies have been added to or updated from those disclosed in the Company's 2017 Annual Report on Form 10-K:

Revenue Recognition

In the ordinary course of business, the Company recognizes revenue as services are rendered, or as transactions occur, and as collectability is reasonably assured. For the Company's revenue recognition accounting policies, see Note 2, “Revenue Recognition.”

Trading Activities and Securities AFS

Trading assets and liabilities are measured at fair value with changes in fair value recognized within Noninterest income in the Company's Consolidated Statements of Income.

Securities AFS are used as part of the overall asset and liability management process to optimize income and market performance over an entire interest rate cycle. Interest income on securities AFS are recognized on an accrual basis in Interest income in the Company's Consolidated Statements of Income. Premiums and discounts on securities AFS are amortized or accreted as an adjustment to yield over the life of the security. The Company estimates principal prepayments on securities AFS for which prepayments are probable and the timing and amount of prepayments can be reasonably estimated. The estimates are informed by analyses of both historical prepayments and anticipated macroeconomic conditions, such as spot interest rates compared to implied forward interest rates. The estimate of prepayments for these securities impacts their lives and thereby the amortization or accretion of associated premiums and discounts. Securities AFS are measured at fair value with unrealized gains and losses, net of any tax effect, included in AOCI as a component of shareholders’ equity. Realized gains and losses, including OTTI, are determined using the specific identification method and are recognized as a component of Noninterest income in the Consolidated Statements of Income.

Securities AFS are reviewed for OTTI on a quarterly basis. In determining whether OTTI exists for securities AFS in an unrealized loss position, the Company assesses whether it has the intent to sell the security or assesses the likelihood of selling the security prior to the recovery of its amortized cost basis. If the Company intends to sell the security or it is more-likely-than-not that the Company will be required to sell the security prior to the recovery of its amortized cost basis, the security is written down to fair value, and the full amount of any impairment charge is recognized as a component of Noninterest income in the Consolidated Statements of Income. If the Company does not intend to sell the security and it is more-likely-than-not that the Company will not be required to sell the security prior to recovery of its amortized cost basis, only the credit component of any impairment of a security is recognized as a component of Noninterest income in the Consolidated Statements of Income, with the remaining impairment balance recorded in OCI.

For additional information on the Company’s trading and securities AFS activities, see Note 4, “Trading Assets and Liabilities and Derivatives,” and Note 5, “Securities Available for Sale.”

Equity Securities

The Company records equity securities that are not classified as trading assets or liabilities within Other assets in its Consolidated Balance Sheets.

Investments in equity securities with readily determinable fair values are measured at fair value, with changes in the fair value recognized as a component of Noninterest income in the Company's Consolidated Statements of Income.

Investments in equity investments that do not have readily determinable fair values are accounted for at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer, also referred to as the measurement alternative. Any adjustments to the carrying value of these investments are recorded in Noninterest income in the Company's Consolidated Statements of Income.

For additional information on the Company's equity securities, see Note 9, “Other Assets,” and Note 16, “Fair Value Election and Measurement.”

Derivative Instruments and Hedging Activities

The Company records derivative contracts at fair value in the Consolidated Balance Sheets. Accounting for changes in the fair value of a derivative depends upon whether or not it has been designated in a formal, qualifying hedging relationship. 

Changes in the fair value of derivatives not designated in a hedging relationship are recorded in noninterest income. This includes derivatives that the Company enters into in a dealer capacity to facilitate client transactions and as a risk management tool to economically hedge certain identified risks, along with certain IRLCs on residential mortgage and commercial loans that are a normal part of the Company’s operations. The Company also evaluates contracts, such as brokered deposits and debt, to determine whether any embedded derivatives are required to be bifurcated and separately accounted for as freestanding derivatives.

Certain derivatives used as risk management tools are designated as accounting hedges of the Company’s exposure to changes in interest rates or other identified market risks. The Company prepares written hedge documentation for all derivatives which are designated as hedges of (i) changes in the fair value of a recognized asset or liability (fair value hedge) attributable to a specified risk or (ii) a forecasted transaction, such as the variability of cash flows to be received or paid related to a recognized asset or liability (cash flow hedge). The written hedge documentation includes identification of, among other items, the risk management objective, hedging instrument, hedged item and methodologies for assessing and measuring hedge effectiveness, along with support for management’s assertion that the hedge will be highly effective. Methodologies related to hedge effectiveness include (i) statistical regression analysis of changes in the cash flows of the actual derivative and a perfectly effective hypothetical derivative, or (ii) statistical regression analysis of changes in the fair values of the actual derivative and the hedged item.

For designated hedging relationships, subsequent to the initial assessment of hedge effectiveness, the Company generally performs retrospective and prospective effectiveness testing using a qualitative approach. Assessments of hedge effectiveness are performed at least quarterly. Changes in the fair value of a derivative that is highly effective and that has been designated and qualifies as a fair value hedge are recorded in current period earnings, in the same line item with the changes in the fair value of the hedged item that are attributable to the hedged risk. The changes in the fair value of a derivative that is highly effective and that has been designated and qualifies as a cash flow hedge is initially recorded in AOCI and reclassified to earnings in the same period that the hedged item impacts earnings. The amount reclassified to earnings is recorded in the same line item as the earnings effect of the hedged item.

Hedge accounting ceases for hedging relationships that are no longer deemed effective, or for which the derivative has been terminated or de-designated. For discontinued fair value hedges where the hedged item remains outstanding, the hedged item would cease to be remeasured at fair value attributable to changes in the hedged risk and any existing basis adjustment would be recognized as an adjustment to earnings over the remaining life of the hedged item. For discontinued cash flow hedges, the unrealized gains and losses recorded in AOCI would be reclassified to earnings in the period when the previously designated hedged cash flows occur unless it was determined that transaction was probable to not occur, whereby any unrealized gains and losses in AOCI would be immediately reclassified to earnings.

It is the Company's policy to offset derivative transactions with a single counterparty as well as any cash collateral paid to and received from that counterparty for derivative contracts that are subject to ISDA or other legally enforceable netting arrangements and meet accounting guidance for offsetting treatment. For additional information on the Company’s derivative activities, see Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement.”

Subsequent Events

The Company evaluated events that occurred between March 31, 2018 and the date the accompanying financial statements were issued, and there were no material events, other than those already discussed in this Form 10-Q, that would require recognition in the Company's Consolidated Financial Statements or disclosure in the accompanying Notes.

Accounting Pronouncements

The following table summarizes ASUs issued by the FASB that were adopted during the current year or not yet adopted as of March 31, 2018, that could have a material effect on the Company's financial statements:

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018
ASU 2014-09, Revenue from Contracts with Customers (ASC Topic 606) and subsequent related ASUs	These ASUs comprise ASC Topic 606, Revenue from Contracts with Customers, which supersede the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the ASC. The core principle of these ASUs is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.	January 1, 2018	The Company adopted these ASUs on a modified retrospective basis beginning January 1, 2018. Upon adoption, the Company recognized an immaterial cumulative effect adjustment that resulted in a decrease to the beginning balance of retained earnings as of January 1, 2018. Furthermore, the Company prospectively changed the presentation of certain types of revenue and expenses, such as underwriting revenue within investment banking income which is shown on a gross basis, and certain cash promotions and card network expenses, which were reclassified from noninterest expense to service charges on deposit accounts, card fees, and other charges and fees. The net quantitative impact of these presentation changes decreased both revenue and expenses by $3 million for the three months ended March 31, 2018; however, these presentation changes did not have an impact on net income. Prior period balances have not been restated to reflect these presentation changes. See Note 2, “Revenue Recognition,” for disclosures relating to ASC Topic 606.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities; and ASU 2018-03, Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities	These ASUs amend ASC Topic 825, Financial Instruments-Overall, and address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The main provisions require most investments in equity securities to be measured at fair value through net income, unless they qualify for a measurement alternative, and require fair value changes arising from changes in instrument-specific credit risk for financial liabilities that are measured under the fair value option to be recognized in other comprehensive income. With the exception of disclosure requirements and the application of the measurement alternative for certain equity investments that was adopted prospectively, these ASUs must be adopted on a modified retrospective basis.	January 1, 2018 Early adoption was permitted for the provision related to changes in instrument-specific credit risk for financial liabilities under the FVO.	The Company early adopted the provision related to changes in instrument-specific credit risk beginning January 1, 2016, which resulted in an immaterial cumulative effect adjustment from retained earnings to AOCI. See Note 1, “Significant Accounting Policies,” to the Company's 2016 Annual Report on Form 10-K for additional information regarding the early adoption of this provision. Additionally, the Company adopted the remaining provisions of these ASUs beginning January 1, 2018, which resulted in an immaterial cumulative effect adjustment to the beginning balance of retained earnings. In connection with the adoption of these ASUs, an immaterial amount of equity securities previously classified as securities AFS were reclassified to other assets, as the AFS classification is no longer permitted for equity securities under these ASUs. Subsequent to adoption of these ASUs, an observable transaction occurred relating to an equity investment without a readily determinable fair value. As a result, the Company recognized a $23 million increase in Other assets on its Consolidated Balance Sheets and in Other noninterest income on its Consolidated Statements of Income. See Note 9, “Other Assets,” and Note 16, “Fair Value Election and Measurement,” for additional information. The remaining provisions and disclosure requirements of these ASUs did not have a material impact on the Company's Consolidated Financial Statements and related disclosures upon adoption.
ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments	The ASU amends ASC Topic 230, Statement of Cash Flows, to clarify the classification of certain cash receipts and payments within the Company's Consolidated Statements of Cash Flows. These items include: cash payments for debt prepayment or debt extinguishment costs; cash outflows for the settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned and bank-owned life insurance policies; distributions received from equity method investees; and beneficial interests acquired in securitization transactions. The ASU also clarifies that when no specific U.S. GAAP guidance exists and the source of the cash flows are not separately identifiable, the predominant source of cash flow should be used to determine the classification for the item. The ASU must be adopted on a retrospective basis.	January 1, 2018	The Company adopted this ASU on a retrospective basis effective January 1, 2018 and changed the presentation of certain cash payments and receipts within its Consolidated Statements of Cash Flows. Specifically, the Company changed the presentation of proceeds from the settlement of bank-owned life insurance policies from operating activities to investing activities. The Company also changed the presentation of cash payments related to premiums paid for bank-owned life insurance policies from operating activities to investing activities. Lastly, for contingent consideration payments made more than three months after a business combination, the Company changed the presentation for the portion of the cash payment up to the acquisition date fair value of the contingent consideration as a financing activity and any amount paid in excess of the acquisition date fair value as an operating activity. For both the three months ending March 31, 2018 and 2017, the amount of cash payments and receipts relating to these changes were immaterial to the Company’s Consolidated Statements of Cash Flows.
ASU 2017-09, Stock Compensation (Topic 718): Scope of Modification Accounting	This ASU amends ASC Topic 718, Stock Compensation, to provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting per ASC Topic 718, Stock Compensation. The amendments clarify that modification accounting only applies to an entity if the fair value, vesting conditions, or classification of the award changes as a result of changes in the terms or conditions of a share-based payment award. The ASU should be applied prospectively to awards modified on or after the adoption date.	January 1, 2018	The Company adopted this ASU on January 1, 2018 and upon adoption, the ASU did not have a material impact on the Company's Consolidated Financial Statements and related disclosures.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities	The ASU amends ASC Topic 815, Derivatives and Hedging, to simplify the requirements for hedge accounting. Key amendments include: eliminating the requirement to separately measure and report hedge ineffectiveness, requiring changes in the value of the hedging instrument to be presented in the same income statement line as the earnings effect of the hedged item, and the ability to measure the hedged item based on the benchmark interest rate component of the total contractual coupon for fair value hedges. These changes expand the types of risk management strategies eligible for hedge accounting. The ASU also permits entities to qualitatively assert that a hedging relationship was and continues to be highly effective. New incremental disclosures are also required for reporting periods subsequent to the date of adoption. All transition requirements and elections should be applied to hedging relationships existing on the date of adoption using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU beginning January 1, 2018 and modified its measurement methodology for certain hedged items designated under fair value hedge relationships. The Company elected to perform its subsequent assessments of hedge effectiveness using a qualitative, rather than a quantitative, approach. The adoption resulted in an immaterial cumulative effect adjustment to the opening balance of retained earnings and a basis adjustment to the related hedged items. For additional information on the Company’s derivative and hedging activities, see Note 15, “Derivative Financial Instruments.”
ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from AOCI	This ASU amends ASC Topic 220, Income Statement - Reporting Comprehensive Income, to allow for a reclassification from AOCI to Retained earnings for the tax effects stranded in AOCI as a result of the remeasurement of DTAs and DTLs for the change in the federal corporate tax rate pursuant to the 2017 Tax Act, which was recognized through the income tax provision in 2017. The Company may apply this ASU at the beginning of the period of adoption or retrospectively to all periods in which the 2017 Tax Act is enacted.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU as of January 1, 2018. Upon adoption of this ASU, the Company elected to reclassify $182 million of stranded tax effects relating to securities AFS, derivative instruments, credit risk on long-term debt, and employee benefit plans from AOCI to retained earnings. This amount was offset by $28 million of stranded tax effects relating to equity securities previously classified as securities AFS, resulting in a net $154 million increase to retained earnings.
Standards Not Yet Adopted
ASU 2016-02, Leases	The ASU creates ASC Topic 842, Leases, which supersedes ASC Topic 840, Leases. ASC Topic 842 requires lessees to recognize right-of-use assets and associated liabilities that arise from leases, with the exception of short-term leases. The ASU does not make significant changes to lessor accounting; however, there were certain improvements made to align lessor accounting with the lessee accounting model and ASC Topic 606, Revenue from Contracts with Customers. There are several new qualitative and quantitative disclosures required. Upon transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company has formed a cross-functional team to oversee the implementation of this ASU. The Company's implementation efforts are ongoing, including the review of its lease portfolios and related lease accounting policies, the review of its service contracts for embedded leases, and the deployment of a new lease software solution. The Company's adoption of this ASU, which is expected to occur on January 1, 2019, will result in an increase in right-of-use assets and associated lease liabilities, arising from operating leases in which the Company is the lessee, on its Consolidated Balance Sheets. The amount of the right-of-use assets and associated lease liabilities recorded upon adoption will be based primarily on the present value of unpaid future minimum lease payments, the amount of which will depend on the population of leases in effect at the date of adoption. At March 31, 2018, the Company’s estimate of right-of-use assets and lease liabilities that would be recorded on its Consolidated Balance Sheets upon adoption is in excess of $1 billion. Additionally, the Company is currently evaluating the estimated impact that this ASU may have on its Consolidated Statements of Income.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Not Yet Adopted (continued)
ASU 2016-13, Measurement of Credit Losses on Financial Instruments	The ASU adds ASC Topic 326, Financial Instruments-Credit Losses, to replace the incurred loss impairment methodology with a current expected credit loss methodology for financial instruments measured at amortized cost and other commitments to extend credit. For this purpose, expected credit losses reflect losses over the remaining contractual life of an asset, considering the effect of voluntary prepayments and considering available information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The resulting allowance for credit losses is deducted from the amortized cost basis of the financial assets to reflect the net amount expected to be collected on the financial assets. Additional quantitative and qualitative disclosures are required upon adoption. The change to the allowance for credit losses at the time of the adoption will be made with a cumulative effect adjustment to Retained earnings. The current expected credit loss model does not apply to AFS debt securities; however, the ASU requires entities to record an allowance when recognizing credit losses for AFS securities, rather than recording a direct write-down of the carrying amount.	January 1, 2020 Early adoption is permitted beginning January 1, 2019.	The Company has formed a cross-functional team to oversee the implementation of this ASU and has identified the changes necessary to its credit loss estimation methodologies in order to comply with the new accounting standard requirements. Substantial progress has been made to date on implementing these changes, including the development of models, updates to business processes and technology systems, and the documentation of accounting policy decisions. Additionally, the Company is evaluating the impact that this ASU will have on its Consolidated Financial Statements and related disclosures, and the Company currently anticipates that an increase to the allowance for credit losses will be recognized upon adoption to provide for the expected credit losses over the estimated life of the financial assets. However, since the magnitude of the anticipated increase in the allowance for credit losses will be impacted by economic conditions and trends in the Company’s portfolio at the time of adoption, the quantitative impact cannot yet be reasonably estimated.
ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment	The ASU amends ASC Topic 350, Intangibles - Goodwill and Other, to simplify the subsequent measurement of goodwill, by eliminating Step 2 from the goodwill impairment test. The amendments require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Entities should recognize an impairment charge for the amount by which a reporting unit's carrying amount exceeds its fair value, but the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The ASU must be applied on a prospective basis.	January 1, 2020 Early adoption is permitted.	Based on the Company's most recent annual goodwill impairment test performed as of October 1, 2017, there were no reporting units for which the carrying amount of the reporting unit exceeded its fair value; therefore, this ASU would not currently have an impact on the Company's Consolidated Financial Statements and related disclosures. However, if upon the adoption date, which is expected to occur on January 1, 2020, the carrying amount of a reporting unit exceeds its fair value, the Company would be required to recognize an impairment charge for the amount that the carrying value exceeds the fair value.

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Revenue Recognition (Notes)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

NOTE 2 – REVENUE RECOGNITION

Pursuant to the adoption of ASU 2014-09, the following disclosures discuss the Company's revenue recognition accounting policies. The Company recognizes two primary types of revenue, interest income and noninterest income.

Interest Income

The Company’s principal source of revenue is interest income from loans and securities, which is recognized on an accrual basis using the effective interest method. For additional information on the Company’s policies for recognizing interest income on loans and securities, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K. Interest income is not within the scope of ASC Topic 606, Revenues from Contracts with Customers.

Noninterest Income

Noninterest income includes revenue from various types of transactions and services provided to Consumer and Wholesale clients. The following tables reflect the Company’s noninterest income disaggregated by financial statement line item, business segment, and by the amount of each revenue stream that is in scope or out of scope of ASC Topic 606. The commentary following the tables describes the nature, amount, and timing of the related revenue streams.

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$104		$42		$—		$146
Other charges and fees	28		3		56		87
Card fees	54		26		1		81
Investment banking income	—		84		47		131
Trading income	—		—		42		42
Trust and investment management income	75		—		—		75
Retail investment services	71		1		—		72
Mortgage servicing related income	—		—		54		54
Mortgage production related income	—		—		36		36
Commercial real estate related income	—		—		23		23
Net securities gains	—		—		1		1
Other noninterest income	6		—		42		48
Total noninterest income		$338		$156		$302		$796

¹ Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $105 million and $215 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting."Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$103		$45		$—		$148
Other charges and fees	31		3		61		95
Card fees	54		27		1		82
Investment banking income	—		96		71		167
Trading income	—		—		51		51
Trust and investment management income	75		—		—		75
Retail investment services	67		1		—		68
Mortgage servicing related income	—		—		58		58
Mortgage production related income	—		—		53		53
Commercial real estate related income	—		—		20		20
Net securities gains	—		—		—		—
Other noninterest income	7		—		23		30
Total noninterest income		$337		$172		$338		$847

¹ Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $127 million and $229 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting." Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

Service Charges on Deposit Accounts

Service charges on deposit accounts represent fees relating to the Company’s various deposit products. These fees include account maintenance, cash management, treasury management, wire transfers, overdraft and other deposit-related fees. The Company’s execution of the services related to these fees represents its related performance obligations. Each of these performance obligations are either satisfied over time or at a point in time as the services are provided to the customer. The Company is the principal when rendering these services. Payments for services provided are either withdrawn from the customer’s account as services are rendered or in the billing period following the completion of the service. The transaction price for each of these fees is based on the Company’s predetermined fee schedule.

Other Charges and Fees

Other charges and fees consist primarily of loan commitment and letter of credit fees, operating lease revenue, ATM fees, insurance revenue, and miscellaneous service charges including wire fees and check cashing fees. Loan commitment and letter of credit fees and operating lease revenue are out of scope of ASC Topic 606.

The Company’s execution of the services related to the fees within the scope of ASC Topic 606 represents its related performance obligations, which are either satisfied at a point in time or over time as services are rendered. ATM fees and miscellaneous service charges are recognized at a point in time as the services are provided.

Insurance commission revenue is earned through the sale of insurance products. The commissions are recognized as revenue when the customer executes an insurance policy with the insurance carrier. In some cases, the Company receives payment of trailing commissions each year when the customer pays its annual premium. For the three months ended March 31, 2018, the Company recognized an immaterial amount of insurance trailing commissions related to performance obligations satisfied in prior periods.

Card Fees

Card fees consist of interchange fees from credit and debit cards, merchant acquirer revenue, and other card related services. Interchange fees are earned by the Company each time a request for payment is initiated by a customer at a merchant for which the Company transfers the funds on behalf of the customer. Interchange rates are set by the payment network and are based on purchase volumes and other factors. Interchange fees are received daily and recognized at a point in time when the card transaction is processed. The Company is considered an agent of the customer and incurs costs with the payment network to facilitate the interchange with the merchant; therefore, the related payment network expense is recognized as a reduction of card fees. Prior to the adoption of ASC Topic 606, these expenses were recognized in Outside processing and software in the Company's Consolidated Statements of Income. The Company offers rewards and/or rebates to its customers based on card usage. The costs associated with these programs are also recognized as a reduction of card fees.

The Company also has a revenue sharing agreement with a merchant acquirer. The Company’s referral of a merchant to the merchant acquirer represents its related performance obligations, which is satisfied at a point in time when the referral is made. Monthly revenue is estimated based on the expected amount of transactions processed. Payments are generally made by the merchant acquirer quarterly, the month following the quarter in which the services are rendered.

Investment Banking Income

Investment banking income is comprised primarily of securities underwriting fees, advisory fees, and loan syndication fees. The Company assists corporate clients in raising capital by offering equity or debt securities to potential investors. The underwriting fees are earned on the trade date when the Company, as a member of an underwriting syndicate, purchases the securities from the issuer and sells the securities to third party investors. Each member of the syndicate is responsible for selling its portion of the underwriting and is liable for the proportionate costs of the underwriting; therefore, the Company’s portion of underwriting revenue and expense is presented gross within noninterest income and noninterest expense. Prior to the adoption of ASC Topic 606, underwriting expense was recorded as a reduction of investment banking income. The transaction price is based on a percentage of the total transaction amount and payments are settled shortly after the trade date.

Loan syndication fees are typically recognized at the closing of a loan syndication transaction. These fees are out of the scope of ASC Topic 606.

The Company also provides merger and acquisition advisory services, including various activities such as business valuation, identification of potential targets or acquirers, and the issuance of fairness opinions. The Company’s execution of these advisory services represents its related performance obligations. The performance obligations relating to advisory services are fulfilled at a point in time upon completion of the contractually specified merger or acquisition transaction. The transaction price is based on contractually specified terms agreed upon with the client for each advisory service. Additionally, payments for advisory services consist of upfront retainer fees and success fees at the date the related merger or acquisition is closed. The retainer fees are typically paid upfront, which creates a contract liability. At March 31, 2018, the contract liability relating to these retainer fees was immaterial.

Revenue related to trade execution services is earned on the trade date and recognized at a point in time. The fees related to trade execution services are due on the settlement date.

Trading Income

The Company recognizes trading income as a result of gains and losses from the sales of trading account assets and liabilities. The Company’s trading accounts include various types of investment securities and debt investments, trading loans, and derivative instruments. For additional information relating to trading income, see Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement.”

Trust and Investment Management Income

Trust and investment management income includes revenue from custodial services, trust administration, financial advisory services, employee benefit solutions, and other services provided to customers within the Consumer business segment.

The Company generally recognizes trust and investment management revenue over time as services are rendered. Revenue is based on either a percentage of the market value of the assets under management, or advisement, or fixed based on the services provided to the customer. Fees are generally swept from the customer’s account one billing period in arrears based on the prior period’s assets under management or advisement.

Retail Investment Services

Retail investment services consists primarily of investment management, selling and distribution services, and trade execution services. The Company’s execution of these services represents its related performance obligations.

Investment management fees are generally recognized over time as services are rendered and are based on either a percentage of the market value of the assets under management, or advisement, or fixed based on the services provided to the customer. The fees are calculated quarterly and are usually collected at the beginning of the period from the customer’s account and recognized ratably over the related billing period.

The Company also offers selling and distribution services and earns commissions through the sale of annuity and mutual fund products. The Company acts as an agent in these transactions and recognizes revenue at a point in time when the customer enters into an agreement with the product carrier. The Company may also receive trailing commissions and 12b-1 fees related to mutual fund and annuity products, and recognizes this revenue in the period that they are realized since the revenue cannot be accurately predicted at the time the policy becomes effective. The Company recognized revenue of $13 million for the three months ended March 31, 2018, which relates to mutual fund 12b-1 fees and annuity trailing commissions from performance obligations satisfied in periods prior to March 31, 2018.

Trade execution commissions are earned and recognized on the trade date, when the Company executes a trade for a customer. Payment for the trade execution is due on the settlement date.

Mortgage Servicing Related Income

The Company recognizes as assets the rights to service mortgage loans, either when the loans are sold and the associated servicing rights are retained or when servicing rights are purchased from a third party. Mortgage servicing related income includes servicing fees, modification fees, fees for ancillary services, gains or losses from hedging, changes in fair value, and other fees customarily associated with servicing arrangements. For additional information relating to mortgage servicing related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 8, “Goodwill and Other Intangible Assets,” Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Mortgage Production Related Income

Mortgage production related income is comprised primarily of activity related to the sale of consumer mortgage loans as well as loan origination fees such as closing charges, document review fees, application fees, other loan origination fees, and loan processing fees. For additional information relating to mortgage production related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Commercial Real Estate Related Income

Commercial real estate related income consists primarily of origination fees, such as loan placement and broker fees, gains and losses on the sale of commercial loans, commercial mortgage loan servicing fees, income from community development investments, gains and losses from the sale of structured real estate, and other fee income, such as asset advisory fees. The Company earns loan placement and broker fees for arranging financing between third party investors/lenders and borrowers. Additionally, the Company also aids customers in due diligence and valuation advisory services for potential real estate services. For additional information relating to commercial real estate related income, see Note 1, “Significant Accounting Policies,” in the Company’s 2017 Annual Report on Form 10-K, and Note 8, “Goodwill and Other Intangible Assets,” Note 15, “Derivative Financial Instruments,” and Note 16, “Fair Value Election and Measurement,” in this Form 10-Q.

Net Securities Gains or Losses

The Company recognizes net securities gains or losses primarily as a result of the sale of securities AFS and the recognition of any OTTI on securities AFS. For additional information relating to net securities gains or losses, see Note 5, “Securities Available for Sale.”

Other Noninterest Income

Other noninterest income within the scope of ASC Topic 606 consists primarily of fees from the sale of custom checks. The Company serves as an agent for customers by connecting them with a third party check provider. Revenue from such sales are earned in the form of commissions from the third party check provider and is recognized at a point in time on the date the customer places an order. Commissions for personal check orders are credited to revenue on an ongoing basis, and commissions for commercial check orders are received quarterly in arrears.

Other noninterest income also includes income from bank-owned life insurance policies that is not within the scope of ASC Topic 606. Income from bank-owned life insurance primarily represents changes in the cash surrender value of such life insurance policies held on certain key employees, for which the Company is the owner and beneficiary. Revenue is recognized in each period based on the change in the cash surrender value during the period.

Practical Expedients and Other

The Company pays sales commissions as a cost to obtain certain contracts within the scope of ASC Topic 606; however, sales commissions relating to these contracts are generally expensed when incurred because the amortization period would be one year or less. Sales commissions are recognized as employee compensation within Noninterest expense on the Company’s Consolidated Statements of Income.

The Company has elected the practical expedient to exclude disclosure of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed.

The Company does not have any material contract assets, liabilities, or other receivables recorded on its Consolidated Balance Sheets, relating to its revenue streams within the scope of ASC Topic 606, at March 31, 2018.

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Federal Funds Sold and Securities Financing Activities

3 Months Ended

Mar. 31, 2018

Securities Purchased under Agreements to Resell [Abstract]

Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

NOTE 3 - FEDERAL FUNDS SOLD AND SECURITIES FINANCING ACTIVITIES

Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell

Fed Funds sold and securities borrowed or purchased under agreements to resell were as follows:

(Dollars in millions)	March 31, 2018		December 31, 2017
Fed funds sold		$20		$65
Securities borrowed	449		298
Securities purchased under agreements to resell	959		1,175
Total Fed funds sold and securities borrowed or purchased under agreements to resell		$1,428		$1,538

Securities purchased under agreements to resell are primarily collateralized by U.S. government or agency securities and are carried at the amounts at which the securities will be subsequently resold, plus accrued interest. Securities borrowed are primarily collateralized by corporate securities. The Company borrows securities and purchases securities under agreements to resell as part of its securities financing activities. On the acquisition date of these securities, the Company and the related counterparty agree on the amount of collateral required to secure the principal amount loaned under these arrangements. The Company monitors collateral values daily and calls for additional collateral to be provided as warranted under the respective agreements. At March 31, 2018 and December 31, 2017, the total market value of collateral held was $1.4 billion and $1.5 billion, of which $150 million and $177 million was repledged, respectively.

Securities Sold Under Agreements to Repurchase

Securities sold under agreements to repurchase are accounted for as secured borrowings. The following table presents the Company’s related activity, by collateral type and remaining contractual maturity:

	March 31, 2018								December 31, 2017
(Dollars in millions)	Overnight and Continuous		Up to 30 days		30-90 days		Total		Overnight and Continuous		Up to 30 days		30-90 days		Total
U.S. Treasury securities		$46		$—		$—		$46		$95		$—		$—		$95
Federal agency securities	114		18		1		133		101		15		—		116
MBS - agency	857		81		—		938		694		135		—		829
CP	36		—		—		36		19		—		—		19
Corporate and other debt securities	336		149		39		524		316		88		40		444
Total securities sold under agreements to repurchase		$1,389		$248		$40		$1,677		$1,225		$238		$40		$1,503

For securities sold under agreements to repurchase, the Company would be obligated to provide additional collateral in the event of a significant decline in fair value of the collateral pledged. This risk is managed by monitoring the liquidity and credit quality of the collateral, as well as the maturity profile of the transactions.

Netting of Securities - Repurchase and Resell Agreements

The Company has various financial assets and financial liabilities that are subject to enforceable master netting agreements or similar agreements. The Company's derivatives that are subject to enforceable master netting agreements or similar agreements are discussed in Note 15, "Derivative Financial Instruments."

The following table presents the Company's securities borrowed or purchased under agreements to resell and securities sold under agreements to repurchase that are subject to MRAs. Generally, MRAs require collateral to exceed the asset or liability recognized on the balance sheet. Transactions subject to these agreements are treated as collateralized financings, and those with a single counterparty are permitted to be presented net on the Company's Consolidated Balance Sheets, provided certain criteria are met that permit balance sheet netting. At March 31, 2018 and December 31, 2017, there were no such transactions subject to legally enforceable MRAs that were eligible for balance sheet netting. The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs. While these agreements are typically over-collateralized, the amount of collateral presented in this table is limited to the amount of the related recognized asset or liability for each counterparty.

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,408		$—		$1,408	1		$1,394		$14
Financial liabilities:
Securities sold under agreements to repurchase	1,677		—		1,677			1,677		—
December 31, 2017
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,473		$—		$1,473	1		$1,462		$11
Financial liabilities:
Securities sold under agreements to repurchase	1,503		—		1,503			1,503		—

¹ Excludes $20 million and $65 million of Fed Funds sold, which are not subject to a master netting agreement at March 31, 2018 and December 31, 2017, respectively.

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Trading Assets and Liabilities and Derivatives Trading Assets and Liabilities and Derivatives

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Trading Assets and Liabilities and Derivatives [Text Block]

NOTE 4 - TRADING ASSETS AND LIABILITIES AND DERIVATIVE INSTRUMENTS

The fair values of the components of trading assets and liabilities and derivative instruments are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Trading Assets and Derivative Instruments:
U.S. Treasury securities		$182		$157
Federal agency securities	238		395
U.S. states and political subdivisions	123		61
MBS - agency	699		700
Corporate and other debt securities	804		655
CP	169		118
Equity securities	51		56
Derivative instruments 1	657		802
Trading loans 2	2,189		2,149
Total trading assets and derivative instruments		$5,112		$5,093
Trading Liabilities and Derivative Instruments:
U.S. Treasury securities		$698		$577
MBS - agency	1		—
Corporate and other debt securities	453		289
Equity securities	5		9
Derivative instruments 1	580		408
Total trading liabilities and derivative instruments		$1,737		$1,283

¹ Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

² Includes loans related to TRS.

Various trading and derivative instruments are used as part of the Company’s overall balance sheet management strategies and to support client requirements executed through the Bank and/or STRH, a broker/dealer subsidiary of the Company. The Company manages the potential market volatility associated with trading instruments by using appropriate risk management strategies. The size, volume, and nature of the trading products and derivative instruments can vary based on economic conditions as well as client-specific and Company-specific asset or liability positions.

Product offerings to clients include debt securities, loans traded in the secondary market, equity securities, derivative contracts, and other similar financial instruments. Other trading-related activities include acting as a market maker for certain debt and equity security transactions, derivative instrument transactions, and foreign exchange transactions. The Company also uses derivatives to manage its interest rate and market risk from non-trading activities. The Company has policies and procedures to manage market risk associated with client trading and non-trading activities, and assumes a limited degree of market risk by managing the size and nature of its exposure. For valuation assumptions and additional information related to the Company's trading products and derivative instruments, see Note 15, “Derivative Financial Instruments,” and the “Trading Assets and Derivative Instruments and Securities Available for Sale” section of Note 16, “Fair Value Election and Measurement.”

Pledged trading assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Pledged trading assets to secure repurchase agreements 1		$1,151		$1,016
Pledged trading assets to secure certain derivative agreements	97		72
Pledged trading assets to secure other arrangements	40		41

¹ Repurchase agreements secured by collateral totaled $1.1 billion and $975 million at March 31, 2018 and December 31, 2017, respectively.

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Securities Available for Sale

3 Months Ended

Mar. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Securities Available for Sale

NOTE 5 – SECURITIES AVAILABLE FOR SALE

Securities Portfolio Composition

	March 31, 2018
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,437		$—		$97		$4,340
Federal agency securities	248		3		2		249
U.S. states and political subdivisions	644		5		13		636
MBS - agency residential	22,837		146		470		22,513
MBS - agency commercial	2,320		1		79		2,242
MBS - non-agency residential	53		4		—		57
MBS - non-agency commercial	897		—		23		874
ABS	6		1		—		7
Corporate and other debt securities	16		—		—		16
Total securities AFS		$31,458		$160		$684		$30,934
	December 31, 2017 1
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,361		$2		$32		$4,331
Federal agency securities	257		3		1		259
U.S. states and political subdivisions	618		7		8		617
MBS - agency residential	22,616		222		134		22,704
MBS - agency commercial	2,121		3		38		2,086
MBS - non-agency residential	55		4		—		59
MBS - non-agency commercial	862		7		3		866
ABS	6		2		—		8
Corporate and other debt securities	17		—		—		17
Total securities AFS		$30,913		$250		$216		$30,947

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

The following table presents interest on securities AFS:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
Taxable interest		$201		$180
Tax-exempt interest	5		2
Total interest on securities AFS 1		$206		$182

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other on the Consolidated Statements of Income. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

Securities AFS pledged to secure public deposits, repurchase agreements, trusts, certain derivative agreements, and other funds had a fair value of $3.8 billion and $4.3 billionat March 31, 2018 and December 31, 2017, respectively.

The following table presents the amortized cost, fair value, and weighted average yield of investments in securities AFS at March 31, 2018, by remaining contractual maturity, with the exception of MBS and ABS, which are based on estimated average life. Receipt of cash flows may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties.

	Distribution of Remaining Maturities
(Dollars in millions)	Due in 1 Year or Less			Due After 1 Year through 5 Years			Due After 5 Years through 10 Years			Due After 10 Years			Total
Amortized Cost:
U.S. Treasury securities		$—			$2,731			$1,706			$—			$4,437
Federal agency securities	116			40			4			88			248
U.S. states and political subdivisions	6			59			63			516			644
MBS - agency residential	1,462			4,771			16,222			382			22,837
MBS - agency commercial	1			414			1,643			262			2,320
MBS - non-agency residential	—			49			—			4			53
MBS - non-agency commercial	—			13			884			—			897
ABS	—			—			5			1			6
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,592			$8,086			$20,527			$1,253			$31,458
Fair Value:
U.S. Treasury securities		$—			$2,673			$1,667			$—			$4,340
Federal agency securities	118			41			4			86			249
U.S. states and political subdivisions	6			61			65			504			636
MBS - agency residential	1,517			4,747			15,877			372			22,513
MBS - agency commercial	1			400			1,589			252			2,242
MBS - non-agency residential	—			53			—			4			57
MBS - non-agency commercial	—			12			862			—			874
ABS	—			—			6			1			7
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,649			$7,996			$20,070			$1,219			$30,934
Weighted average yield 1	3.31		%	2.18		%	2.86		%	3.04		%	2.72		%

¹ Weighted average yields are based on amortized cost and presented on an FTE basis.

Securities AFS in an Unrealized Loss Position

The Company held certain investment securities AFS where amortized cost exceeded fair value, resulting in unrealized loss positions. Market changes in interest rates and credit spreads may result in temporary unrealized losses as the market prices of securities fluctuate. At March 31, 2018, the Company did not intend to sell these securities nor was it more-likely-than-not that the Company would be required to sell these securities before their anticipated recovery or maturity. The Company reviewed its portfolio for OTTI in accordance with the accounting policies described in Note 1, "Significant Accounting Policies." to the Company's 2017 Annual Report on Form 10-K.

Securities AFS in an unrealized loss position at period end are presented in the following tables:

	March 31, 2018
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1
Temporarily impaired securities AFS:
U.S. Treasury securities		$3,508		$69		$832		$28		$4,340		$97
Federal agency securities	22		—		53		2		75		2
U.S. states and political subdivisions	384		8		110		5		494		13
MBS - agency residential	13,742		284		4,460		186		18,202		470
MBS - agency commercial	1,260		33		894		46		2,154		79
MBS - non-agency commercial	748		18		90		5		838		23
ABS	—		—		4		—		4		—
Corporate and other debt securities	9		—		—		—		9		—
Total temporarily impaired securities AFS	19,673		412		6,443		272		26,116		684
OTTI securities AFS 2:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$19,673		$412		$6,444		$272		$26,117		$684

¹ Unrealized losses less than $0.5 million are presented as zero within the table.

²OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

	December 31, 2017 1
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2
Temporarily impaired securities AFS:
U.S. Treasury securities		$1,993		$12		$841		$20		$2,834		$32
Federal agency securities	23		—		60		1		83		1
U.S. states and political subdivisions	267		3		114		5		381		8
MBS - agency residential	8,095		38		4,708		96		12,803		134
MBS - agency commercial	887		9		915		29		1,802		38
MBS - non-agency commercial	134		1		93		2		227		3
ABS	—		—		4		—		4		—
Corporate and other debt securities	10		—		—		—		10		—
Total temporarily impaired securities AFS	11,409		63		6,735		153		18,144		216
OTTI securities AFS 3:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$11,409		$63		$6,736		$153		$18,145		$216

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² Unrealized losses less than $0.5 million are presented as zero within the table.

³OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

At March 31, 2018, temporarily impaired securities AFS that have been in an unrealized loss position for twelve months or longer included residential and commercial agency MBS, U.S. Treasury securities, municipal securities, commercial non-agency MBS, federal agency securities, and one ABS collateralized by 2004 vintage home equity loans. Unrealized losses on temporarily impaired securities were due to market interest rates being higher than the securities' stated coupon rates. Unrealized losses on securities AFS that relate to factors other than credit are recorded in AOCI, net of tax.

Realized Gains and Losses and Other-Than-Temporarily Impaired Securities AFS

Net securities gains/(losses) are comprised of gross realized gains, gross realized losses, and OTTI credit losses recognized in earnings. Gross realized gains were immaterial for the three months ended March 31, 2018, and there were no gross realized gains recognized in earnings for the three months ended March 31, 2017. For both the three months ended March 31, 2018 and 2017, there were no gross realized losses or OTTI credit losses recognized in earnings.

Securities AFS in an unrealized loss position are evaluated quarterly for other-than-temporary credit impairment, which is determined using cash flow analyses that take into account security specific collateral and transaction structure. Future expected credit losses are determined using various assumptions, the most significant of which include default rates, prepayment rates, and loss severities. If, based on this analysis, a security is in an unrealized loss position and the Company does not expect to recover the entire amortized cost basis of the security, the expected cash flows are then discounted at the security’s initial effective interest rate to arrive at a present value amount. Credit losses on the OTTI security are recognized in earnings and reflect the difference between the present value of cash flows expected to be collected and the amortized cost basis of the security. See Note 1, "Significant Accounting Policies," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's policy on securities AFS and related impairments.

The Company seeks to reduce existing exposure on OTTI securities primarily through paydowns. In certain instances, the amount of credit losses recognized in earnings on a debt security exceeds the total unrealized losses on the security, which may result in unrealized gains relating to factors other than credit recorded in AOCI, net of tax.

During the three months ended March 31, 2018 and 2017, there were no credit impairment losses recognized on securities AFS held at the end of each period. The accumulated balance of OTTI credit losses recognized in earnings on securities AFS held at period end was $23 million and $22 million at March 31, 2018 and 2017, respectively. Subsequent credit losses may be recorded on securities without a corresponding further decline in fair value when there has been a decline in expected cash flows.

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Loans

3 Months Ended

Mar. 31, 2018

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]

NOTE 6 - LOANS

Composition of Loan Portfolio

(Dollars in millions)	March 31, 2018		December 31, 2017
Commercial loans:
C&I 1		$66,321		$66,356
CRE	5,352		5,317
Commercial construction	3,651		3,804
Total commercial loans	75,324		75,477
Consumer loans:
Residential mortgages - guaranteed	611		560
Residential mortgages - nonguaranteed 2	27,165		27,136
Residential home equity products	10,241		10,626
Residential construction	256		298
Guaranteed student	6,693		6,633
Other direct	8,941		8,729
Indirect	11,869		12,140
Credit cards	1,518		1,582
Total consumer loans	67,294		67,704
LHFI		$142,618		$143,181
LHFS 3		$2,377		$2,290

¹ Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

² Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

³ Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

During the three months ended March 31, 2018 and 2017, the Company transferred $204 million and $60 million of LHFI to LHFS, and transferred $6 million and $7 million of LHFS to LHFI, respectively. In addition to sales of residential and commercial mortgage LHFS in the normal course of business, the Company sold $36 million and $118 million of loans and leases during the three months ended March 31, 2018 and 2017, respectively, at a price approximating their recorded investment.

During the three months ended March 31, 2018, the Company purchased $475 million of guaranteed student loans. During the three months ended March 31, 2017, the Company purchased $539 million of guaranteed student loans and $99 million of consumer indirect loans.

At March 31, 2018 and December 31, 2017, the Company had $23.5 billion and $24.3 billion of net eligible loan collateral pledged to the Federal Reserve discount window to support $17.6 billion and $18.2 billion of available, unused borrowing capacity, respectively.

At March 31, 2018 and December 31, 2017, the Company had $38.2 billion and $38.0 billion of net eligible loan collateral pledged to the FHLB of Atlanta to support $30.3 billion and $30.5 billion of available borrowing capacity, respectively. The available FHLB borrowing capacity at March 31, 2018 was used to support $4 million of long-term debt and $4.8 billion of letters of credit issued on the Company's behalf. At December 31, 2017, the available FHLB borrowing capacity was used to support $4 million of long-term debt and $6.7 billion of letters of credit issued on the Company's behalf.

Credit Quality Evaluation

The Company evaluates the credit quality of its loan portfolio by employing a dual internal risk rating system, which assigns both PD and LGD ratings to derive expected losses. Assignment of these ratings are predicated upon numerous factors, including consumer credit risk scores, rating agency information, borrower/guarantor financial capacity, LTV ratios, collateral type, debt service coverage ratios, collection experience, other internal metrics/analyses, and/or qualitative assessments.

For the commercial portfolio, the Company believes that the most appropriate credit quality indicator is an individual loan’s risk assessment expressed according to the broad regulatory agency classifications of Pass or Criticized. The Company conforms to the following regulatory classifications for Criticized assets: Other Assets Especially Mentioned (or Special Mention), Adversely Classified, Doubtful, and Loss. However, for the purposes of disclosure, management believes the most meaningful distinction within the Criticized categories is between Criticized accruing (which includes Special Mention and a portion of Adversely Classified) and Criticized nonaccruing (which includes a portion of Adversely Classified and Doubtful and Loss). This distinction identifies those relatively higher risk loans for which there is a basis to believe that the Company will not collect all amounts due under those loan agreements. The Company's risk rating system is more granular, with multiple risk ratings in both the Pass and Criticized categories. Pass ratings reflect relatively low PDs, whereas, Criticized assets have higher PDs. The granularity in Pass ratings assists in establishing pricing, loan structures, approval requirements, reserves, and ongoing credit management requirements. Commercial risk ratings are refreshed at least annually, or more frequently as appropriate, based upon considerations such as market conditions, borrower characteristics, and portfolio trends. Additionally, management routinely reviews portfolio risk ratings, trends, and concentrations to support risk identification and mitigation activities.

For consumer loans, the Company monitors credit risk based on indicators such as delinquencies and FICO scores. The Company believes that consumer credit risk, as assessed by the industry-wide FICO scoring method, is a relevant credit quality indicator. Borrower-specific FICO scores are obtained at origination as part of the Company’s formal underwriting process, and refreshed FICO scores are obtained by the Company at least quarterly.

For guaranteed loans, the Company monitors the credit quality based primarily on delinquency status, as it is a more relevant indicator of credit quality due to the government guarantee. At March 31, 2018 and December 31, 2017, 29% and 28%, respectively, of guaranteed residential mortgages were current with respect to payments. At March 31, 2018 and December 31, 2017, 77% and 75%, respectively, of guaranteed student loans were current with respect to payments. The Company's loss exposure on guaranteed residential mortgages and student loans is mitigated by the government guarantee.

LHFI by credit quality indicator are presented in the following tables:

	Commercial Loans
	C&I				CRE				Commercial Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Risk rating:
Pass		$64,453		$64,546		$5,152		$5,126		$3,597		$3,770
Criticized accruing	1,652		1,595		154		167		54		33
Criticized nonaccruing	216		215		46		24		—		1
Total		$66,321		$66,356		$5,352		$5,317		$3,651		$3,804

	Consumer Loans 1
	Residential Mortgages - Nonguaranteed				Residential Home Equity Products				Residential Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$23,732		$23,602		$8,621		$8,946		$204		$240
620 - 699	2,655		2,721		1,174		1,242		45		50
Below 620 2	778		813		446		438		7		8
Total		$27,165		$27,136		$10,241		$10,626		$256		$298

	Other Direct				Indirect				Credit Cards
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$8,145		$7,929		$8,867		$9,094		$1,034		$1,088
620 - 699	755		757		2,270		2,344		385		395
Below 620 2	41		43		732		702		99		99
Total		$8,941		$8,729		$11,869		$12,140		$1,518		$1,582

¹ Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

² For substantially all loans with refreshed FICO scores below 620, the borrower’s FICO score at the time of origination exceeded 620 but has since deteriorated as the loan has seasoned.

The LHFI portfolio by payment status is presented in the following tables:

	March 31, 2018
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,064		$32		$9		$216		$66,321
CRE	5,304		2		—		46		5,352
Commercial construction	3,651		—		—		—		3,651
Total commercial loans	75,019		34		9		262		75,324
Consumer loans:
Residential mortgages - guaranteed	179		53		379		—		611
Residential mortgages - nonguaranteed 1	26,838		66		8		253		27,165
Residential home equity products	10,006		66		—		169		10,241
Residential construction	240		—		—		16		256
Guaranteed student	5,148		612		933		—		6,693
Other direct	8,893		35		5		8		8,941
Indirect	11,780		84		1		4		11,869
Credit cards	1,491		14		13		—		1,518
Total consumer loans	64,575		930		1,339		450		67,294
Total LHFI		$139,594		$964		$1,348		$712		$142,618

¹ Includes $188 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans. 

	December 31, 2017
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,092		$42		$7		$215		$66,356
CRE	5,293		—		—		24		5,317
Commercial construction	3,803		—		—		1		3,804
Total commercial loans	75,188		42		7		240		75,477
Consumer loans:
Residential mortgages - guaranteed	159		55		346		—		560
Residential mortgages - nonguaranteed 1	26,778		148		4		206		27,136
Residential home equity products	10,348		75		—		203		10,626
Residential construction	280		7		—		11		298
Guaranteed student	4,946		659		1,028		—		6,633
Other direct	8,679		36		7		7		8,729
Indirect	12,022		111		—		7		12,140
Credit cards	1,556		13		13		—		1,582
Total consumer loans	64,768		1,104		1,398		434		67,704
Total LHFI		$139,956		$1,146		$1,405		$674		$143,181

¹ Includes $196 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

Impaired Loans

A loan is considered impaired when it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the agreement. Commercial nonaccrual loans greater than $3 million and certain commercial and consumer loans whose terms have been modified in a TDR are individually evaluated for impairment. Smaller-balance homogeneous loans that are collectively evaluated for impairment and loans measured at fair value are not included in the following tables. Additionally, the following tables exclude guaranteed student loans and guaranteed residential mortgages for which there was nominal risk of principal loss due to the government guarantee.

	March 31, 2018						December 31, 2017
(Dollars in millions)	Unpaid Principal Balance		Carrying 1 Value		Related ALLL		Unpaid Principal Balance		Carrying 1 Value		Related ALLL
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$28		$20		$—		$38		$35		$—
CRE	21		21		—		—		—		—
Total commercial loans with no ALLL recorded	49		41		—		38		35		—
Consumer loans:
Residential mortgages - nonguaranteed	453		355		—		458		363		—
Residential construction	12		6		—		15		9		—
Total consumer loans with no ALLL recorded	465		361		—		473		372		—
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	157		149		22		127		117		19
CRE	25		21		—		21		21		2
Total commercial loans with an ALLL recorded	182		170		22		148		138		21
Consumer loans:
Residential mortgages - nonguaranteed	1,112		1,087		107		1,133		1,103		113
Residential home equity products	927		871		52		953		895		54
Residential construction	91		89		7		93		90		7
Other direct	57		58		1		59		59		1
Indirect	129		128		6		123		122		7
Credit cards	27		7		1		26		7		1
Total consumer loans with an ALLL recorded	2,343		2,240		174		2,387		2,276		183
Total impaired LHFI		$3,039		$2,812		$196		$3,046		$2,821		$204

¹ Carrying value reflects charge-offs that have been recognized plus other amounts that have been applied to adjust the net book balance.

Included in the impaired LHFI carrying values above at both March 31, 2018 and December 31, 2017 were $2.4 billion of accruing TDRs, of which 98% and 96% were current, respectively. See Note 1, “Significant Accounting Policies,” to the Company's 2017 Annual Report on Form 10-K for further information regarding the Company’s loan impairment policy.

	Three Months Ended March 31
	2018				2017
(Dollars in millions)	Average Carrying Value		Interest 1 Income Recognized		Average Carrying Value		Interest 1 Income Recognized
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$20		$—		$240		$1
CRE	21		—		—		—
Total commercial loans with no ALLL recorded	41		—		240		1
Consumer loans:
Residential mortgages - nonguaranteed	353		4		360		4
Residential construction	6		—		8		—
Total consumer loans with no ALLL recorded	359		4		368		4
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	149		1		165		1
CRE	25		—		17		—
Total commercial loans with an ALLL recorded	174		1		182		1
Consumer loans:
Residential mortgages - nonguaranteed	1,093		12		1,216		15
Residential home equity products	873		9		833		8
Residential construction	90		1		105		1
Other direct	57		1		58		1
Indirect	131		2		108		1
Credit cards	7		—		6		—
Total consumer loans with an ALLL recorded	2,251		25		2,326		26
Total impaired LHFI		$2,825		$30		$3,116		$32

¹ Of the interest income recognized during each of the three months ended March 31, 2018 and 2017, cash basis interest income was less than $1 million.

NPAs are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Nonaccrual loans/NPLs:
Commercial loans:
C&I		$216		$215
CRE	46		24
Commercial construction	—		1
Consumer loans:
Residential mortgages - nonguaranteed	253		206
Residential home equity products	169		203
Residential construction	16		11
Other direct	8		7
Indirect	4		7
Total nonaccrual loans/NPLs 1	712		674
OREO 2	59		57
Other repossessed assets	7		10
Total NPAs		$778		$741

¹Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

² Does not include foreclosed real estate related to loans insured by the FHA or guaranteed by the VA. Proceeds due from the FHA and the VAare recorded as a receivable in Other assets in the Consolidated Balance Sheets until the property is conveyed and the funds are received. The receivable related to proceeds due from theFHA and the VA totaled $43 million and $45 million at March 31, 2018 and December 31, 2017, respectively.

The Company's recorded investment of nonaccruing loans secured by residential real estate properties for which formal foreclosure proceedings were in process at March 31, 2018 and December 31, 2017 was $81 million and $73 million, respectively. The Company's recorded investment of accruing loans secured by residential real estate properties for which formal foreclosure proceedings were in process at March 31, 2018 and December 31, 2017 was $106 million and $101 million, of which $99 million and $97 million were insured by the FHA or guaranteed by the VA, respectively.

At March 31, 2018, OREO included $54 million of foreclosed residential real estate properties and $3 million of foreclosed commercial real estate properties, with the remaining $2 million related to land.

At December 31, 2017, OREO included $51 million of foreclosed residential real estate properties and $4 million of foreclosed commercial real estate properties, with the remaining $2 million related to land.

Restructured Loans

A TDR is a loan for which the Company has granted an economic concession to a borrower in response to financial difficulty experienced by the borrower, which the Company would not have considered otherwise. When a loan is modified under the terms of a TDR, the Company typically offers the borrower an extension of the loan maturity date and/or a reduction in the original contractual interest rate. In limited situations, the Company may offer to restructure a loan in a manner that ultimately results in the forgiveness of a contractually specified principal balance.

At both March 31, 2018 and December 31, 2017, the Company had $2 million of commitments to lend additional funds to debtors whose terms have been modified in a TDR. The number and carrying value of loans modified under the terms of a TDR, by type of modification, are presented in the following tables:

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	46		$—		$56		$56
Consumer loans:
Residential mortgages - nonguaranteed	61	9		8		17
Residential home equity products	136	—		13		13
Other direct	114	—		1		1
Indirect	778	—		20		20
Credit cards	308	1		1		2
Total TDR additions	1,443		$10		$99		$109

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	30		$—		$41		$41
Consumer loans:
Residential mortgages - nonguaranteed	34	4		2		6
Residential home equity products	655	1		66		67
Other direct	110	—		1		1
Indirect	547	—		14		14
Credit cards	235	1		—		1
Total TDR additions	1,611		$6		$124		$130

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

TDRs that defaulted during the three months ended March 31, 2018 and 2017, which were first modified within the previous 12 months, were immaterial. The majority of loans that were modified under the terms of a TDR and subsequently became 90 days or more delinquent have remained on nonaccrual status since the time of delinquency.

Concentrations of Credit Risk

The Company does not have a significant concentration of credit risk to any individual client except for the U.S. government and its agencies. However, a geographic concentration arises because the Company operates primarily within Florida, Georgia, Virginia, Maryland, and North Carolina. The Company’s total cross-border outstanding loans were $1.4 billion at both March 31, 2018 and December 31, 2017.

With respect to collateral concentration, the Company's recorded investment in residential real estate secured LHFI totaled $38.3 billion at March 31, 2018 and represented 27% of total LHFI. At December 31, 2017, the Company's recorded investment in residential real estate secured LHFI totaled $38.6 billion and represented 27% of total LHFI. Additionally, at March 31, 2018 and December 31, 2017, the Company had $10.2 billion and $10.1 billion in commitments to extend credit on home equity lines and $3.4 billion and $3.0 billion in residential mortgage commitments outstanding, respectively. At March 31, 2018 and December 31, 2017, 2% and 1%, respectively, of the Company's residential real estate secured LHFI were insured by the FHA or guaranteed by the VA.

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Allowance for Credit Losses

3 Months Ended

Mar. 31, 2018

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses

NOTE 7 - ALLOWANCE FOR CREDIT LOSSES

The allowance for credit losses consists of the ALLL and the unfunded commitments reserve. Activity in the allowance for credit losses is summarized in the following table:

	Three Months Ended March 31
(Dollars in millions)	2018			2017
Balance, beginning of period		$1,814			$1,776
Provision for loan losses	38			117
Provision for unfunded commitments	(10		)	2
Loan charge-offs	(106		)	(146		)
Loan recoveries	27			34
Balance, end of period		$1,763			$1,783
Components:
ALLL		$1,694			$1,714
Unfunded commitments reserve 1	69			69
Allowance for credit losses		$1,763			$1,783

¹ The unfunded commitments reserve is recorded in Other liabilities in the Consolidated Balance Sheets.

Activity in the ALLL by loan segment is presented in the following tables:

	Three Months Ended March 31, 2018
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,101			$634			$1,735
Provision for loan losses	(16		)	54			38
Loan charge-offs	(23		)	(83		)	(106		)
Loan recoveries	6			21			27
Balance, end of period		$1,068			$626			$1,694
	Three Months Ended March 31, 2017
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,124			$585			$1,709
Provision for loan losses	46			71			117
Loan charge-offs	(63		)	(83		)	(146		)
Loan recoveries	13			21			34
Balance, end of period		$1,120			$594			$1,714

As discussed in Note 1, “Significant Accounting Policies,” to the Company's 2017 Annual Report on Form 10-K, the ALLL is composed of both specific allowances for certain nonaccrual loans and TDRs, and general allowances for groups of loans with similar risk characteristics. No allowance is required for loans measured at fair value. Additionally, the Company records an immaterial allowance for loan products that are insured by federal agencies or guaranteed by GSEs, as there is nominal risk of principal loss.

The Company’s LHFI portfolio and related ALLL is presented in the following tables:

	March 31, 2018
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$211		$22		$2,601		$174		$2,812		$196
Collectively evaluated	75,113		1,046		64,505		452		139,618		1,498
Total evaluated	75,324		1,068		67,106		626		142,430		1,694
LHFI measured at fair value	—		—		188		—		188		—
Total LHFI		$75,324		$1,068		$67,294		$626		$142,618		$1,694

	December 31, 2017
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$173		$21		$2,648		$183		$2,821		$204
Collectively evaluated	75,304		1,080		64,860		451		140,164		1,531
Total evaluated	75,477		1,101		67,508		634		142,985		1,735
LHFI measured at fair value	—		—		196		—		196		—
Total LHFI		$75,477		$1,101		$67,704		$634		$143,181		$1,735

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Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

NOTE 8 – GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The Company conducts a goodwill impairment test at the reporting unit level at least annually, or more frequently as events occur or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying amount. See Note 1, "Significant Accounting Policies," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's goodwill accounting policy.

In the first quarter of 2018, the Company performed a qualitative goodwill assessment on its Consumer and Wholesale reporting units, considering changes in key assumptions as well as other events and circumstances occurring since the most recent annual goodwill impairment test performed as of October 1, 2017. The Company concluded, based on the totality of factors observed, that it is not more-likely-than-not that the fair values of its reportable segments are less than their respective carrying values. Accordingly, goodwill was not required to be quantitatively tested for impairment during the three months ended March 31, 2018.

There were no material changes in the carrying amount of goodwill by reportable segment for the three months ended March 31, 2018 and 2017.

Other Intangible Assets

Changes in the carrying amounts of other intangible assets for the three months ended March 31 are presented in the following table:

(Dollars in millions)	Residential MSRs - Fair Value			Commercial Mortgage Servicing Rights and Other			Total
Balance, January 1, 2018		$1,710			$81			$1,791
Amortization 1	—			(5		)	(5		)
Servicing rights originated	76			4			80
Servicing rights purchased	74			—			74
Changes in fair value:
Due to changes in inputs and assumptions 2	111			—			111
Other changes in fair value 3	(55		)	—			(55		)
Balance, March 31, 2018		$1,916			$80			$1,996
Balance, January 1, 2017		$1,572			$85			$1,657
Amortization 1	—			(5		)	(5		)
Servicing rights originated	96			5			101
Changes in fair value:
Due to changes in inputs and assumptions 2	27			—			27
Other changes in fair value 3	(50		)	—			(50		)
Other 4	—			(1		)	(1		)
Balance, March 31, 2017		$1,645			$84			$1,729

¹ Does not include expense associated with non-qualified community development investments. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

² Primarily reflects changes in option adjusted spreads and prepayment speed assumptions, due to changes in interest rates.

³ Represents changes due to the collection of expected cash flows, net of accretion due to the passage of time.

⁴ Represents measurement period adjustment on other intangible assets acquired previously in the Pillar acquisition.

The gross carrying value and accumulated amortization of other intangible assets are presented in the following table:

	March 31, 2018							December 31, 2017
(Dollars in millions)	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Amortized other intangible assets 1:
Commercial mortgage servicing rights		$83		($19	)		$64		$79		($14	)		$65
Other (definite-lived)	17		(13		)	4		32		(28		)	4
Unamortized other intangible assets:
Residential MSRs (carried at fair value)	1,916		—			1,916		1,710		—			1,710
Other (indefinite-lived)	12		—			12		12		—			12
Total other intangible assets		$2,028		($32	)		$1,996		$1,833		($42	)		$1,791

¹ Excludes fully amortized other intangible assets.

Servicing Rights

The Company acquires servicing rights and retains servicing rights for certain of its sales or securitizations of residential mortgages and commercial loans. Servicing rights on residential and commercial mortgages are the only material servicing assets capitalized by the Company and are classified as Other intangible assets on the Company's Consolidated Balance Sheets.

Residential Mortgage Servicing Rights

Income earned by the Company on its residential MSRs is derived primarily from contractually specified mortgage servicing fees and late fees, net of curtailment costs. Such income earned for the three months ended March 31, 2018 and 2017 totaled $107 million and $101 million, respectively. These amounts are reported in Mortgage servicing related income in the Consolidated Statements of Income.

At March 31, 2018 and December 31, 2017, the total UPB of residential mortgage loans serviced was $164.7 billion and $165.5 billion, respectively. Included in these amounts at March 31, 2018 and December 31, 2017 were $135.3 billion and $136.1 billion, respectively, of loans serviced for third parties. The Company purchased MSRs on residential loans with a UPB of $5.9 billion during the three months ended March 31, 2018; however, these loans are not reflected in the UPB amounts above as the transfer of servicing is scheduled for the second quarter of 2018. No MSRs on residential loans were purchased during the three months ended March 31, 2017. During the three months ended March 31, 2018 and 2017, the Company sold MSRs on residential loans, at a price approximating their fair value, with a UPB of $102 million and $64 million, respectively.

The Company measures the fair value of its residential MSRs using a valuation model that calculates the present value of estimated future net servicing income using prepayment projections, spreads, and other assumptions. The Consumer Valuation Committee reviews and approves all significant assumption changes at least quarterly, evaluating these inputs compared to various market and empirical data sources. Changes to valuation model inputs are reflected in the periods' results. See Note 16, “Fair Value Election and Measurement,” for further information regarding the Company's residential MSR valuation methodology.

A summary of the key inputs used to estimate the fair value of the Company’s residential MSRs at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of residential MSRs		$1,916			$1,710
Prepayment rate assumption (annual)	13		%	13		%
Decline in fair value from 10% adverse change		$89			$85
Decline in fair value from 20% adverse change	169			160
Option adjusted spread (annual)	4		%	4		%
Decline in fair value from 10% adverse change		$53			$47
Decline in fair value from 20% adverse change	101			90
Weighted-average life (in years)	5.6			5.4
Weighted-average coupon	4.0		%	3.9		%

These residential MSR sensitivities are hypothetical and should be used with caution. Changes in fair value based on variations in assumptions generally cannot be extrapolated because (i) the relationship of the change in an assumption to the change in fair value may not be linear and (ii) changes in one assumption may result in changes in another, which might magnify or counteract the sensitivities. The sensitivities do not reflect the effect of hedging activity undertaken by the Company to offset changes in the fair value of MSRs. See Note 15, “Derivative Financial Instruments,” for further information regarding these hedging activities.

Commercial Mortgage Servicing Rights

Income earned by the Company on its commercial mortgage servicing rights is derived primarily from contractually specified servicing fees and other ancillary fees, and is reported in Commercial real estate related income in the Consolidated Statements of Income. Such income earned for the three months ended March 31, 2018 and 2017 totaled $7 million and $5 million, respectively.

The Company also earns income from subservicing certain third party commercial mortgages for which the Company does not record servicing rights, which is reported in Commercial real estate related income in the Consolidated Statements of Income. Such income earned for the three months ended March 31, 2018 and 2017 totaled $3 million and $4 million, respectively.

At March 31, 2018 and December 31, 2017, the total UPB of commercial mortgage loans serviced for third parties was $31.1 billion and $30.1 billion, respectively. Included in these amounts at both March 31, 2018 and December 31, 2017 were $5.8 billion of loans serviced for third parties for which the Company records servicing rights, and $25.3 billion and $24.3 billion, respectively, of loans subserviced for third parties for which the Company does not record servicing rights. No commercial mortgage servicing rights were purchased or sold during the three months ended March 31, 2018 and 2017.

Commercial mortgage servicing rights are accounted for at amortized cost and are monitored for impairment on an ongoing basis. The Company calculates the fair value of commercial servicing rights based on the present value of estimated future net servicing income, considering prepayment projections and other assumptions. Impairment, if any, is recognized when the carrying value of the servicing asset exceeds the fair value at the measurement date. The amortized cost of the Company's commercial mortgage servicing rights were $64 million and $65 million at March 31, 2018 and December 31, 2017, respectively.

A summary of the key inputs used to estimate the fair value of the Company’s commercial mortgage servicing rights at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of commercial mortgage servicing rights		$76			$75
Discount rate (annual)	12		%	12		%
Decline in fair value from 10% adverse change		$3			$3
Decline in fair value from 20% adverse change	6			6
Prepayment rate assumption (annual)	6		%	7		%
Decline in fair value from 10% adverse change		$1			$1
Decline in fair value from 20% adverse change	2			2
Weighted-average life (in years)	7.2			7.0
Float earnings rate (annual)	1.1		%	1.1		%

As with residential MSRs, these commercial mortgage servicing right sensitivities are hypothetical and should be used with caution.

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Other Assets Other Assets (Notes)

3 Months Ended

Mar. 31, 2018

Other Assets Disclosure [Abstract]

Other Assets Disclosure [Text Block]

NOTE 9 - OTHER ASSETS

The components of other assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Equity securities with readily determinable fair values:
Mutual fund investments 1		$135		$49
Other equity 1	8		7
Equity securities without readily determinable fair values:
FHLB of Atlanta stock 1	15		15
Federal Reserve Bank of Atlanta stock 1	403		403
Other equity	52		26
Lease assets	1,567		1,528
Bank-owned life insurance	1,402		1,411
Community development investments 2	1,383		1,331
Accrued income	936		880
Accounts receivable	768		2,201
Pension assets, net	476		464
Prepaid expenses	279		319
OREO	59		57
Other	796		727
Total other assets		$8,279		$9,418

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

Pursuant to the adoption of ASU 2016-01 on January 1, 2018, the Company elected the measurement alternative for measuring its other equity securities without readily determinable fair values. As reflected in the preceding table, the carrying amount of these other equity securities was $52 million and $26 million at March 31, 2018 and December 31, 2017, respectively. During the three months ended March 31, 2018, an observable transaction occurred relating to these equity securities, which resulted in a remeasurement gain of $23 million recognized in Other noninterest income in the Company's Consolidated Statements of Income. There were no remeasurement losses on these equity securities during the three months ended March 31, 2018. See the “Equity Securities” and “Accounting Pronouncements” sections of Note 1, “Significant Accounting Policies,” for additional information on the Company's adoption of ASU 2016-01 and for policy updates related to equity securities.

Lease assets consist primarily of operating leases in which the Company is the lessor. In these scenarios, the Company leases assets and receives periodic rental payments. Depreciation on the leased asset is recognized over the term of the operating lease. Any impairment on the leased asset is recognized to the extent that the carrying value of the asset is not recoverable and is greater than its fair value.

Bank-owned life insurance consists of life insurance policies held on certain employees for which the Company is the beneficiary. These policies provide the Company an efficient form of funding for long-term retirement and other employee benefits costs.

Pension assets (net) represent the funded status of the Company's overfunded pension and other postretirement benefits plans, measured as the difference between the fair value of plan assets and the benefit obligation at period end.

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Certain Transfers of Financial Assets and Variable Interest Entities

3 Months Ended

Mar. 31, 2018

Certain Transfers of Financial Assets and Variable Interest Entities [Abstract]

Transfers and Servicing of Financial Assets [Text Block]

NOTE 10 - CERTAIN TRANSFERS OF FINANCIAL ASSETS AND VARIABLE INTEREST ENTITIES

The Company has transferred loans and securities in sale or securitization transactions for which the Company retains certain beneficial interests, servicing rights, and/or recourse. These transfers of financial assets include certain residential mortgage loans, guaranteed student loans, and commercial and corporate loans, as discussed in the following section, "Transfers of Financial Assets." Cash receipts on beneficial interests held related to these transfers were immaterial for both the three months ended March 31, 2018 and 2017.

When a transfer or other transaction occurs with a VIE, the Company first determines whether it has a VI in the VIE. A VI is typically in the form of securities representing retained interests in transferred assets and, at times, servicing rights, and for commercial mortgage loans sold to Fannie Mae, the loss share guarantee. See Note 14, “Guarantees,” for further discussion of the Company's loss share guarantee. When determining whether to consolidate the VIE, the Company evaluates whether it is a primary beneficiary which has both (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb losses,or the right to receive benefits, that could potentially be significant to the VIE.

To determine whether a transfer should be accounted for as a sale or a secured borrowing, the Company evaluates whether: (i) the transferred assets are legally isolated, (ii) the transferee has the right to pledge or exchange the transferred assets, and (iii) the Company has relinquished effective control of the transferred assets. If all three conditions are met, then the transfer is accounted for as a sale.

Except as specifically noted herein, the Company is not required to provide additional financial support to any of the entities to which the Company has transferred financial assets, nor has the Company provided any support it was not otherwise obligated to provide. No events occurred during the three months ended March 31, 2018 that changed the Company’s previous conclusions regarding whether it is the primary beneficiary of the VIEs described herein. Furthermore, no events occurred during the three months ended March 31, 2018 that changed the Company’s sale conclusion with regards to previously transferred residential mortgage loans, guaranteed student loans, or commercial and corporate loans.

Transfers of Financial Assets

The following discussion summarizes transfers of financial assets to entities for which the Company has retained some level of continuing involvement.

Consumer Loans

Residential Mortgage Loans

The Company typically transfers first lien residential mortgage loans in conjunction with Ginnie Mae, Fannie Mae, and Freddie Mac securitization transactions, whereby the loans are exchanged for cash or securities that are readily redeemable for cash, and servicing rights are retained.

The Company sold residential mortgage loans to Ginnie Mae, Fannie Mae, and Freddie Mac, which resulted in pre-tax net losses of $13 million and $4 million for the three months ended March 31, 2018 and 2017, respectively. Net gains/losses on the sale of residential mortgage LHFS are recorded at inception of the associated IRLCs and reflect the change in value of the loans resulting from changes in interest rates from the time the Company enters into the related IRLCs with borrowers until the loans are sold, but do not include the results of hedging activities initiated by the Company to mitigate this market risk. See Note 15, "Derivative Financial Instruments," for further discussion of the Company's hedging activities. The Company has made certain representations and warranties with respect to the transfer of these loans. See Note 14, “Guarantees,” for additional information regarding representations and warranties.

In a limited number of securitizations, the Company has received securities in addition to cash in exchange for the transferred loans, while also retaining servicing rights. The securities received are measured at fair value and classified as securities AFS. At March 31, 2018 and December 31, 2017, the fair value of securities received totaled $21 million and $22 million, respectively.

The Company evaluates securitization entities in which it has a VI for potential consolidation under the VIE consolidation model. Notwithstanding the Company's role as servicer, the Company typically does not have power over the securitization entities as a result of rights held by the master servicer. In certain transactions, the Company does have power as the servicer, but does not have an obligation to absorb losses, or the right to receive benefits, that could potentially be significant. In all such cases, the Company does not consolidate the securitization entity. Total assets of the unconsolidated entities in which the Company has a VI were $142 million and $147 million at March 31, 2018 and December 31, 2017, respectively.

The Company’s maximum exposure to loss related to these unconsolidated residential mortgage loan securitizations is comprised of the loss of value of any interests it retains, which was $21 million and $22 million at March 31, 2018 and December 31, 2017, respectively, and any repurchase obligations or other losses it incurs as a result of any guarantees related to these securitizations, which is discussed further in Note 14, “Guarantees.”

Guaranteed Student Loans

The Company has securitized government-guaranteed student loans through a transfer of loans to a securitization entity and retained the residual interest in the entity. The Company concluded that this entity should be consolidated because the Company has (i) the power to direct the activities that most significantly impact the economic performance of the VIE and (ii) the obligation to absorb losses, and the right to receive benefits, that could potentially be significant. At March 31, 2018 and December 31, 2017, the Company’s Consolidated Balance Sheets reflected $185 million and $192 million of assets held by the securitization entity and $182 million and $189 million of debt issued by the entity, respectively, inclusive of related accrued interest.

To the extent that the securitization entity incurs losses on its assets, the securitization entity has recourse to the guarantor of the underlying loan, which is backed by the Department of Education up to a maximum guarantee of 98%, or in the event of death, disability, or bankruptcy, 100%. When not fully guaranteed, losses reduce the amount of available cash payable to the Company as the owner of the residual interest. To the extent that losses result from a breach of servicing responsibilities, the Company, which functions as the master servicer, may be required to repurchase the defaulted loan(s) at par value. If the breach was caused by the subservicer, the Company would seek reimbursement from the subservicer up to the guaranteed amount. The Company’s maximum exposure to loss related to the securitization entity would arise from a breach of its servicing responsibilities. To date, loss claims filed with the guarantor that have been denied due to servicing errors have either been, or are in the process of, being cured, or reimbursement has been provided to the Company by the subservicer, or in limited cases, absorbed by the Company.

Commercial and Corporate Loans

The Company originates and sells certain commercial mortgage loans to Fannie Mae and Freddie Mac, originates FHA insured loans, and issues and sells Ginnie Mae commercial MBS secured by FHA insured loans. The Company transferred commercial loans to these Agencies and GSEs, which resulted in pre-tax net gains of $9 million and $11 million for the three months ended March 31, 2018 and 2017, respectively. The loans are exchanged for cash or securities that are readily redeemable for cash, with servicing rights retained. The Company has made certain representations and warranties with respect to the transfer of these loans and has entered into a loss share guarantee related to certain loans transferred to Fannie Mae. See Note 14, “Guarantees,” for additional information regarding the commercial mortgage loan loss share guarantee.

The Company's total managed loans, including the LHFI portfolio and other transferred loans (securitized and unsecuritized), are presented in the following table by portfolio balance and delinquency status (accruing loans 90 days or more past due and all nonaccrual loans) at March 31, 2018 and December 31, 2017, as well as the related net charge-offs for the three months ended March 31, 2018 and 2017.

	Portfolio Balance				Past Due and Nonaccrual				Net Charge-offs
	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		Three Months Ended March 31
(Dollars in millions)									2018			2017
LHFI portfolio:
Commercial		$75,324		$75,477		$271		$247		$17			$50
Consumer	67,294		67,704		1,789		1,832		62			62
Total LHFI portfolio	142,618		143,181		2,060		2,079		79			112
Managed securitized loans:
Commercial 1	5,798		5,760		—		—		—			—
Consumer	133,489		134,160		308		171		2		2	3		2
Total managed securitized loans	139,287		139,920		308		171		2			3
Managed unsecuritized loans 3	2,089		2,200		340		340		—			—
Total managed loans		$283,994		$285,301		$2,708		$2,590		$81			$115

¹ Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

² Amounts associated with $541 million and $602 million of managed securitized loans at March 31, 2018 and December 31, 2017, respectively. Net charge-off data is not reported to the Company for the remaining balance of $132.9 billion and $133.6 billion of managed securitized loans at March 31, 2018 and December 31, 2017, respectively.

³ Comprised of unsecuritized loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.

Other Variable Interest Entities

In addition to exposure to VIEs arising from transfers of financial assets, the Company also has involvement with VIEs from other business activities.

Total Return Swaps

At both March 31, 2018 and December 31, 2017, the outstanding notional amounts of the Company's VIE-facing TRS contracts totaled $1.7 billion and related senior financing outstanding to VIEs totaled $1.7 billion. These financings were measured at fair value and classified within Trading assets and derivative instruments on the Consolidated Balance Sheets. The Company entered into client-facing TRS contracts of the same outstanding notional amounts. The notional amounts of the TRS contracts with VIEs represent the Company’s maximum exposure to loss, although this exposure has been mitigated via the TRS contracts with third party clients. For additional information on the Company’s TRS contracts and its involvement with these VIEs, see Note 15, “Derivative Financial Instruments,” as well as Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," to the Company's 2017 Annual Report on Form 10-K.

Community Development Investments

As part of its community reinvestment initiatives, the Company invests in multi-family affordable housing developments and other community development entities as a limited partner and/or a debt provider. These investments are recorded in Other assets on the Company’s Consolidated Balance Sheets. The Company receives tax credits for its limited partner investments, which are recorded in the Provision for income taxes in the Company's Consolidated Statements of Income. The Company has determined that the majority of the related partnerships are VIEs.

The Company has concluded that it is not the primary beneficiary of affordable housing partnerships when it invests as a limited partner and there is a third party general partner. The investments are accounted for in accordance with the accounting guidance for investments in affordable housing projects. The general partner, or an affiliate of the general partner, often provides guarantees to the limited partner, which protects the Company from construction and operating losses and tax credit allocation deficits. Assets of $2.3 billion in these and other community development partnerships were not included in the Consolidated Balance Sheets at both March 31, 2018 and December 31, 2017. The Company's limited partner interests had a carrying value of $1.1 billion at both March 31, 2018 and December 31, 2017. The Company’s maximum exposure to loss related to these investments totaled $1.4 billion at both March 31, 2018 and December 31, 2017. The Company’s maximum exposure to loss would result from the loss of its limited partner investments, net of liabilities, along with $344 million and $350 million of loans or interest-rate swap fair value exposures issued by the Company to the entities at March 31, 2018 and December 31, 2017, respectively. The remaining exposure to loss is primarily attributable to unfunded equity commitments that the Company is required to fund if certain conditions are met.

The Company also owns noncontrolling interests in funds whose purpose is to invest in community developments. At March 31, 2018 and December 31, 2017, the Company's investment in these funds totaled $317 million and $278 million, respectively. The Company's maximum exposure to loss on its investment in these funds is comprised of its equity investments in the funds, loans issued, and any additional unfunded equity commitments, which totaled $665 million and $643 million at March 31, 2018 and December 31, 2017, respectively.

During the three months ended March 31, 2018 and 2017, the Company recognized $30 million and $25 million of tax credits for qualified affordable housing projects, and $32 million and $24 million of amortization on these qualified affordable housing projects, respectively. This amortization, net of the related tax benefits, is recorded in the provision for income taxes.

Certain of the Company's community development investments do not qualify as affordable housing projects for accounting purposes. The Company recognized tax credits for these investments of $18 million and $17 million during the three months ended March 31, 2018 and 2017, respectively. Amortization recognized on these investments totaled $14 million and $12 million during the three months ended March 31, 2018 and 2017, respectively, recorded in Amortization in the Company's Consolidated Statements of Income.

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Net Income Per Common Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Net Income/(Loss) Per Share

NOTE 11 – NET INCOME PER COMMON SHARE

Equivalent shares of less than 1 million related to common stock options and common stock warrants outstanding at March 31, 2017 were excluded from the computations of diluted net income per average common share because they would have been anti-dilutive.

Reconciliations of net income to net income available to common shareholders and the difference between average basic common shares outstanding and average diluted common shares outstanding are presented in the following table.

	Three Months Ended March 31
(Dollars and shares in millions, except per share data)	2018			2017
Net income		$643			$468
Less:
Preferred stock dividends	(31		)	(17		)
Net income available to common shareholders		$612			$451
Average common shares outstanding - basic	468.7			490.1
Add dilutive securities:
RSUs	2.8			3.2
Common stock warrants and restricted stock	1.4			1.8
Stock options	0.7			0.9
Average common shares outstanding - diluted	473.6			496.0
Net income per average common share - diluted		$1.29			$0.91
Net income per average common share - basic	1.31			0.92

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Income Taxes

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 12 - INCOME TAXES

For the three months ended March 31, 2018 and 2017, the provision for income taxes was $147 million and $159 million, representing effective tax rates of 19% and 25%, respectively. The effective tax rate for the three months ended March 31, 2018 was favorably impacted by a net $4 million discrete income tax benefit, while the effective tax rate for the three months ended March 31, 2017 was favorably impacted by a net $22 million discrete income tax benefit related primarily to share-based compensation.

The net discrete income tax benefit for the three months ended March 31, 2018 was driven by a $20 million tax benefit for share-based compensation and a $19 million tax benefit for an adjustment to the Company's December 31, 2017 remeasurement of its estimated DTAs and DTLs at the reduced federal corporate income tax rate of 21%. These income tax benefits were offset largely by a $35 million discrete tax expense related to an increase in the valuation allowance recorded for STM's state carryforwards. Any additional adjustment to the Company's December 31, 2017 remeasurement of its estimated DTAs and DTLs would be recorded as an adjustment to the provision for income taxes in 2018 in the period the adjustment amount is determined.

At March 31, 2018 and December 31, 2017, the Company had a valuation allowance recorded against its state carryforwards and certain state DTAs of $179 million and $143 million, respectively. This increase in the valuation allowance was due primarily to the impact of the pending merger of STM and the Bank on the future realization of STM's state NOL carryforwards. See Note 18, “Business Segment Reporting,” for additional information regarding the pending merger of STM and the Bank.

The provision for income taxes includes both federal and state income taxes and differs from the provision using statutory rates due primarily to favorable permanent tax items such as interest income from lending to tax-exempt entities, tax credits from community reinvestment activities, and amortization expense related to qualified affordable housing investment costs. The Company calculated the provision for income taxes for the three months ended March 31, 2018 and 2017 by applying the estimated annual effective tax rate to year-to-date pre-tax income and adjusting for discrete items that occurred during the period

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Employee Benefit Plans

3 Months Ended

Mar. 31, 2018

Defined Contribution Plan Disclosure [Line Items]

Employee Benefit Plans

NOTE 13 - EMPLOYEE BENEFIT PLANS

The Company sponsors various compensation and benefit programs to attract and retain talent. Aligned with a pay for performance culture, the Company's plans and programs include short-term incentives, AIP, and various LTI plans. See Note 15, "Employee Benefit Plans," to the Company's 2017 Annual Report on Form 10-K for additional information regarding the Company's employee benefit plans.

Stock-based compensation expense recognized in Employee compensation in the Consolidated Statements of Income consisted of the following:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
RSUs		$39		$34
Phantom stock units 1	17		24
Total stock-based compensation expense		$56		$58
Stock-based compensation tax benefit 2		$13		$22

¹ Phantom stock units are settled in cash. The Company paid $75 million and $76 million during the three months ended March 31, 2018 and 2017, respectively, related to these share-based liabilities.

² Does not include excess tax benefits or deficiencies recognized in the Provision for income taxes in the Consolidated Statements of Income.

Components of net periodic benefit related to the Company's pension and other postretirement benefits plans are presented in the following table and are recognized in Employee benefits in the Consolidated Statements of Income:

	Three Months Ended March 31
	Pension Benefits 1						Other Postretirement Benefits
(Dollars in millions)	2018			2017			2018			2017
Service cost		$1			$1			$—			$—
Interest cost	23			24			—			—
Expected return on plan assets	(47		)	(48		)	(1		)	(1		)
Amortization of prior service credit	—			—			(2		)	(1		)
Amortization of actuarial loss	6			6			—			—
Net periodic benefit		($17	)		($17	)		($3	)		($2	)

¹ Administrative fees are recognized in service cost for each of the periods presented.

In the second quarter of 2017, the Company amended its NCF Retirement Plan in accordance with its decision to terminate the pension plan effective as of July 31, 2017. The NCF pension plan termination is expected to be completed by the end of 2018 and the Company is in process of evaluating the impact of the termination and expected future settlement accounting on its Consolidated Financial Statements and related disclosures.

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Guarantees

3 Months Ended

Mar. 31, 2018

Guarantees [Abstract]

Guarantees

NOTE 14 – GUARANTEES

The Company has undertaken certain guarantee obligations in the ordinary course of business. The issuance of a guarantee imposes an obligation for the Company to stand ready to perform and make future payments should certain triggering events occur. Payments may be in the form of cash, financial instruments, other assets, shares of stock, or through provision of the Company’s services. The following is a discussion of the guarantees that the Company has issued at March 31, 2018. The Company has also entered into certain contracts that are similar to guarantees, but that are accounted for as derivative instruments as discussed in Note 15, “Derivative Financial Instruments.”

Letters of Credit

Letters of credit are conditional commitments issued by the Company, generally to guarantee the performance of a client to a third party in borrowing arrangements, such as CP, bond financing, or similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to clients but may be reduced by selling participations to third parties. The Company issues letters of credit that are classified as financial standby, performance standby, or commercial letters of credit; however, commercial letters of credit are considered guarantees of funding and are not subject to the disclosure requirements of guarantee obligations.

At March 31, 2018 and December 31, 2017, the maximum potential exposure to loss related to the Company's issued letters of credit was $2.5 billion and $2.6 billion, respectively. The Company’s outstanding letters of credit generally have a term of more than one year. Some standby letters of credit are designed to be drawn upon in the normal course of business and others are drawn upon only in circumstances of dispute or default in the underlying transaction to which the Company is not a party. In all cases, the Company is entitled to reimbursement from the client. If a letter of credit is drawn upon and reimbursement is not provided by the client, the Company may take possession of the collateral securing the letter of credit, where applicable.

The Company monitors its credit exposure under standby letters of credit in the same manner as it monitors other extensions of credit in accordance with its credit policies. Consistent with the methodologies used for all commercial borrowers, an internal assessment of the PD and loss severity in the event of default is performed. The management of credit risk for letters of credit leverages the risk rating process to focus greater visibility on higher risk and higher dollar letters of credit. The allowance associated with letters of credit is a component of the unfunded commitments reserve recorded in Other liabilities on the Consolidated Balance Sheets and is included in the allowance for credit losses as disclosed in Note 7, “Allowance for Credit Losses.” Additionally, unearned fees relating to letters of credit are recorded in Other liabilities on the Consolidated Balance Sheets. The net carrying amount of unearned fees was immaterial at both March 31, 2018 and December 31, 2017.

Loan Sales and Servicing

STM, a consolidated subsidiary of the Company, originates and purchases residential mortgage loans, a portion of which are sold to outside investors in the normal course of business through a combination of whole loan sales to GSEs, Ginnie Mae, and non-agency investors. The Company also originates and sells certain commercial mortgage loans to Fannie Mae and Freddie Mac, originates FHA insured loans, and issues and sells Ginnie Mae commercial MBS secured by FHA insured loans.

When loans are sold, representations and warranties regarding certain attributes of the loans are made to third party purchasers. Subsequent to the sale, if a material underwriting deficiency or documentation defect is discovered, the Company may be obligated to repurchase the loan or to reimburse an investor for losses incurred (make whole requests), if such deficiency or defect cannot be cured by the Company within the specified period following discovery. These representations and warranties may extend through the life of the loan. In addition to representations and warranties related to loan sales, the Company makes representations and warranties that it will service the loans in accordance with investor servicing guidelines and standards, which may include (i) collection and remittance of principal and interest, (ii) administration of escrow for taxes and insurance, (iii) advancing principal, interest, taxes, insurance, and collection expenses on delinquent accounts, and (iv) loss mitigation strategies, including loan modifications and foreclosures.

The Company’s reserve for residential mortgage loan repurchases was $39 million and $40 million at March 31, 2018 and 2017, respectively, and there were no changes in the Company’s reserve for residential mortgage loan repurchases during the three months ended March 31, 2018 and 2017. A significant degree of judgment is used to estimate the mortgage repurchase liability as the estimation process is inherently uncertain and subject to imprecision. The Company believes that its reserve appropriately estimates incurred losses based on its current analysis and assumptions. While the mortgage repurchase reserve includes the estimated cost of settling claims related to required repurchases, the Company's estimate of losses depends on its assumptions regarding GSE and other counterparty behavior, loan performance, home prices, and other factors. The liability is recorded in Other liabilities on the Consolidated Balance Sheets, and the related repurchase provision/(benefit) is recognized in Mortgage production related income in the Consolidated Statements of Income. See Note 17, "Contingencies," for additional information on current legal matters related to loan sales.

The following table summarizes the carrying value of the Company's outstanding repurchased residential mortgage loans:

(Dollars in millions)	March 31, 2018		December 31, 2017
Outstanding repurchased residential mortgage loans:
Performing LHFI		$197		$203
Nonperforming LHFI	18		16
Total carrying value of outstanding repurchased residential mortgages		$215		$219

Residential mortgage loans sold to Ginnie Mae are insured by the FHA or are guaranteed by the VA. As servicer, the Company may elect to repurchase delinquent loans in accordance with Ginnie Mae guidelines; however, the loans continue to be insured. The Company may also indemnify the FHA and VA for losses related to loans not originated in accordance with their guidelines.

Commercial Mortgage Loan Loss Share Guarantee

In connection with the acquisition of Pillar, the Company assumed a loss share obligation associated with the terms of a master loss sharing agreement with Fannie Mae for multi-family commercial mortgage loans that were sold by Pillar to Fannie Mae under Fannie Mae’s delegated underwriting and servicing program. Upon the acquisition of Pillar, the Company entered into a lender contract amendment with Fannie Mae for multi-family commercial mortgage loans that Pillar sold to Fannie Mae prior to acquisition and that the Company sold to Fannie Mae subsequent to acquisition, whereby the Company bears a risk of loss of up to one-third of the incurred losses resulting from borrower defaults. The breach of any representation or warranty related to a loan sold to Fannie Mae could increase the Company's level of risk-sharing associated with the loan. The outstanding UPB of loans sold subject to the loss share guarantee was $3.3 billion and $3.4 billion at March 31, 2018 and December 31, 2017, respectively. The maximum potential exposure to loss was $940 million and $962 million at March 31, 2018 and December 31, 2017, respectively. Using probability of default and severity of loss estimates, the Company's loss share liability was $11 million at both March 31, 2018 and December 31, 2017, and is recorded in Other liabilities on the Consolidated Balance Sheets.

Visa

The Company executes credit and debit transactions through Visa and MasterCard. The Company is a defendant, along with Visa and MasterCard (the “Card Associations”), as well as several other banks, in one of several antitrust lawsuits challenging the practices of the Card Associations (the “Litigation”). The Company entered into judgment and loss sharing agreements with Visa and certain other banks in order to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the Litigation. Additionally, in connection with Visa's restructuring in 2007, shares of Visa common stock were issued to its financial institution members and the Company received its proportionate number of shares of Visa Inc. common stock, which were subsequently converted to Class B shares of Visa Inc. upon completion of Visa’s IPO in 2008. A provision of the original Visa By-Laws, which was restated in Visa's certificate of incorporation, contains a general indemnification provision between a Visa member and Visa that explicitly provides that each member's indemnification obligation is limited to losses arising from its own conduct and the specifically defined Litigation. While the district court approved a class action settlement of the Litigation in 2012, the U.S. Court of Appeals for the Second Circuit reversed the district court's approval of the settlement on June 30, 2016. The U.S. Supreme Court denied plaintiffs' petition for certiorari on March 27, 2017, and the case returned to the district court for further action.

Agreements associated with Visa's IPO have provisions that Visa will fund a litigation escrow account, established for the purpose of funding judgments in, or settlements of, the Litigation. If the escrow account is insufficient to cover the Litigation losses, then Visa will issue additional Class A shares (“loss shares”). The proceeds from the sale of the loss shares would then be deposited in the escrow account. The issuance of the loss shares will cause a dilution of Visa's Class B shares as a result of an adjustment to lower the conversion factor of the Class B shares to Class A shares. Visa U.S.A.'s members are responsible for any portion of the settlement or loss on the Litigation after the escrow account is depleted and the value of the Class B shares is fully diluted.

In May 2009, the Company sold its 3.2 millionClass B shares to the Visa Counterparty and entered into a derivative with the Visa Counterparty. Under the derivative, the Visa Counterparty is compensated by the Company for any decline in the conversion factor as a result of the outcome of the Litigation. Conversely, the Company is compensated by the Visa Counterparty for any increase in the conversion factor. The amount of payments made or received under the derivative is a function of the 3.2 million shares sold to the Visa Counterparty, the change in conversion rate, and Visa’s share price. The Visa Counterparty, as a result of its ownership of the Class B shares, is impacted by dilutive adjustments to the conversion factor of the Class B shares caused by the Litigation losses. Additionally, the Company will make periodic payments based on the notional of the derivative and a fixed rate until the date on which the Litigation is settled. The fair value of the derivative is estimated based on unobservable inputs consisting of management's estimate of the probability of certain litigation scenarios and the timing of the resolution of the Litigation due in large part to the aforementioned decision by the U.S. Court of Appeals for the Second Circuit. The fair value of the derivative liability was $15 million at both March 31, 2018 and December 31, 2017. The fair value of the derivative is estimated based on the Company's expectations regarding the resolution of the Litigation. The ultimate impact to the Company could be significantly different based on the Litigation outcome.

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Derivative Financial Instruments

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

NOTE 15 - DERIVATIVE FINANCIAL INSTRUMENTS

The Company enters into various derivative financial instruments, both in a dealer capacity to facilitate client transactions and as an end user as a risk management tool. The Company generally manages the risk associated with these derivatives within the established MRM and credit risk management frameworks. Derivatives may be used by the Company to hedge various economic or client-related exposures. In such instances, derivative positions are typically monitored using a VAR methodology, with exposures reviewed daily. Derivatives are also used as a risk management tool to hedge the Company’s balance sheet exposure to changes in identified cash flow and fair value risks, either economically or in accordance with hedge accounting provisions. The Company’s Corporate Treasury function is responsible for employing the various hedge strategies to manage these objectives. The Company enters into IRLCs on residential and commercial mortgage loans that are accounted for as freestanding derivatives. Additionally, certain contracts containing embedded derivatives are measured, in their entirety, at fair value. All derivatives, including both freestanding as well as any embedded derivatives that the Company bifurcates from the host contracts, are measured at fair value in the Consolidated Balance Sheets in Trading assets and derivative instruments and Trading liabilities and derivative instruments. The associated gains and losses are either recognized in AOCI, net of tax, or within the Consolidated Statements of Income, depending upon the use and designation of the derivatives.

Credit and Market Risk Associated with Derivative Instruments

Derivatives expose the Company to risk that the counterparty to the derivative contract does not perform as expected. The Company manages its exposure to counterparty credit risk associated with derivatives by entering into transactions with counterparties with defined exposure limits based on their credit quality and in accordance with established policies and procedures. All counterparties are reviewed regularly as part of the Company’s credit risk management practices and appropriate action is taken to adjust the exposure limits to certain counterparties as necessary. The Company’s derivative transactions are generally governed by ISDA agreements or other legally enforceable industry standard master netting agreements. In certain cases and depending on the nature of the underlying derivative transactions, bilateral collateral agreements are also utilized. Furthermore, the Company and its subsidiaries are subject to OTC derivative clearing requirements, which require certain derivatives to be cleared through central clearing houses, such as LCH and the CME. These clearing houses require the Company to post initial and variation margin to mitigate the risk of non-payment, the latter of which is received or paid daily based on the net asset or liability position of the contracts. Effective January 3, 2017, the CME amended its rulebook to legally characterize variation margin cash payments for cleared OTC derivatives as settlement rather than as collateral. Consistent with the CME's amended requirements, LCH amended its rulebook effective January 16, 2018, to legally characterize variation margin cash payments for cleared OTC derivatives as settlement rather than as collateral. As a result, in the first quarter of 2018, the Company began reducing the corresponding derivative asset and liability balances for LCH-cleared OTC derivatives to reflect the settlement of those positions via the exchange of variation margin.

When the Company has more than one outstanding derivative transaction with a single counterparty, and there exists a legal right of offset with that counterparty, the Company considers its exposure to the counterparty to be the net fair value of its derivative positions with that counterparty. If the net fair value is positive, then the corresponding asset value also reflects cash collateral held. At March 31, 2018, the economic exposure of these net derivative asset positions was $510 million, reflecting $936 million of net derivative gains, adjusted for cash and other collateral of $426 million that the Company held in relation to these positions. At December 31, 2017, the economic exposure of net derivative asset positions was $541 million, reflecting $940 million of net derivative gains, adjusted for cash and other collateral held of $399 million.

Derivatives also expose the Company to market risk arising from the adverse effects that changes in market factors, such as interest rates, currency rates, equity prices, commodity prices, or implied volatility, may have on the value of the Company's derivatives. The Company manages this risk by establishing and monitoring limits on the types and degree of risk that may be undertaken. The Company measures its market risk exposure using a VAR methodology for derivatives designated as trading instruments. Other tools and risk measures are also used to actively manage risk associated with derivatives including scenario analysis and stress testing.

Derivative instruments are priced using observable market inputs at a mid-market valuation point and take into consideration appropriate valuation adjustments for collateral, market liquidity, and counterparty credit risk. For purposes of determining fair value adjustments to its OTC derivative positions, the Company takes into consideration the credit profile and likelihood of default by counterparties and itself, as well as its net exposure, which considers legally enforceable master netting agreements and collateral along with remaining maturities. The expected loss of each counterparty is estimated using market-based views of counterparty default probabilities observed in the single-name CDS market, when available and of sufficient liquidity. When single-name CDS market data is not available or not of sufficient liquidity, the probability of default is estimated using a combination of the Company's internal risk rating system and sector/rating based CDS data.

For purposes of estimating the Company’s own credit risk on derivative liability positions, the DVA, the Company uses probabilities of default from observable, sector/rating based CDS data. The Company adjusted the net fair value of its derivative contracts for estimates of both counterparty credit risk and its own credit risk by approximately $3 million and $5 million at March 31, 2018 and December 31, 2017, respectively. For additional information on the Company's fair value measurements, see Note 16, "Fair Value Election and Measurement."

Currently, the majority of the Company’s derivatives contain contingencies that relate to the creditworthiness of the Bank. These contingencies, which are contained in industry standard master netting agreements, may be considered events of default. Should the Bank be in default under any of these provisions, the Bank’s counterparties would be permitted to close out transactions with the Bank on a net basis, at amounts that would approximate the fair values of the derivatives, resulting in a single sum due by one party to the other. The counterparties would have the right to apply any collateral posted by the Bank against any net amount owed by the Bank. Additionally, certain of the Company’s derivative liability positions, totaling $934 million and $1.1 billion in fair value at March 31, 2018 and December 31, 2017, respectively, contain provisions conditioned on downgrades of the Bank’s credit rating. These provisions, if triggered, would either give rise to an ATE that permits the counterparties to close-out net and apply collateral or, where a CSA is present, require the Bank to post additional collateral.

At March 31, 2018, the Bank held senior long-term debt credit ratings of Baal/A-/A- from Moody’s, S&P, and Fitch, respectively. At March 31, 2018, ATEs have been triggered for less than $1 million in fair value liabilities. The maximum additional liability that could be triggered from ATEs was approximately $17 million at March 31, 2018. At March 31, 2018, $922 million in fair value of derivative liabilities were subject to CSAs, against which the Bank has posted $910 million in collateral, primarily in the form of cash. If requested by the counterparty pursuant to the terms of the CSA, the Bank would be required to post additional collateral of approximately $1 million against these contracts if the Bank were downgraded to Baa2/BBB+. Further downgrades to Baa3/BBB would require the Bank to post an additional $4 million of collateral. Any further downgrades below Ba1/BBB- do not contain predetermined collateral posting levels.

Notional and Fair Value of Derivative Positions

The following tables present the Company’s derivative positions at March 31, 2018 and December 31, 2017. The notional amounts in the tables are presented on a gross basis and have been classified within derivative assets or derivative liabilities based on the estimated fair value of the individual contract at March 31, 2018 and December 31, 2017. Gross positive and gross negative fair value amounts associated with respective notional amounts are presented without consideration of any netting agreements, including collateral arrangements. Net fair value derivative amounts are adjusted on an aggregate basis, where applicable, to take into consideration the effects of legally enforceable master netting agreements, including any cash collateral received or paid, and are recognized in Trading assets and derivative instruments or Trading liabilities and derivative instruments on the Consolidated Balance Sheets. For contracts constituting a combination of options that contain a written option and a purchased option (such as a collar), the notional amount of each option is presented separately, with the purchased notional amount generally being presented as a derivative asset and the written notional amount being presented as a derivative liability. For other contracts that contain a combination of options, the fair value is generally presented as a single value with the purchased notional amount if the combined fair value is positive, and with the written notional amount if the combined fair value is negative.

	March 31, 2018
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional  Amounts 1		Fair Value			Notional  Amounts 1		Fair Value
Derivative instruments designated in cash flow hedging relationships 2
Interest rate contracts hedging floating rate LHFI		$9,250		$2			$2,850		$—
Derivative instruments designated in fair value hedging relationships 3
Interest rate contracts hedging fixed rate debt	4,250		1			2,605		—
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	4,280		1			2,635		—
Derivative instruments not designated as hedging instruments 4
Interest rate contracts hedging:
Residential MSRs 5	15,504		30			19,420		11
LHFS, IRLCs 6	3,413		13			3,111		10
LHFI	—		—			175		—
Trading activity 7	74,322		708			52,545		870
Foreign exchange rate contracts hedging loans and trading activity	4,054		133			3,676		121
Credit contracts hedging:
LHFI	—		—			585		9
Trading activity 8	1,661		22			1,673		19
Equity contracts hedging trading activity 7	15,050		2,070			21,964		2,372
Other contracts:
IRLCs and other 9	1,624		18			382		18
Commodity derivatives	755		77			748		75
Subtotal	116,383		3,071			104,279		3,505
Total derivative instruments		$129,913		$3,074			$109,764		$3,505
Total gross derivative instruments, before netting				$3,074					$3,505
Less: Legally enforceable master netting agreements			(2,009		)			(2,009		)
Less: Cash collateral received/paid			(408		)			(916		)
Total derivative instruments, after netting				$657					$580

¹ For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

² See “Cash Flow Hedges” in this Note for further discussion.

³ See “Fair Value Hedges” in this Note for further discussion.

⁴ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁵ Amount includes $2.0 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amount includes $330 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁷ Amounts include $9.7 billion of notional amounts related to interest rate futures and $1.3 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁸ Asset and liability amounts include $5 million and $17 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁹ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

	December 31, 2017
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional Amounts		Fair Value			Notional Amounts		Fair Value
Derivative instruments designated in cash flow hedging relationships 1
Interest rate contracts hedging floating rate LHFI		$5,850		$2			$8,350		$252
Derivative instruments designated in fair value hedging relationships 2
Interest rate contracts hedging fixed rate debt	1,250		1			4,670		58
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	1,280		1			4,700		58
Derivative instruments not designated as hedging instruments 3
Interest rate contracts hedging:
Residential MSRs 4	31,895		119			10,126		119
LHFS, IRLCs 5	4,550		9			3,040		6
LHFI	90		2			85		2
Trading activity 6	78,223		1,066			48,143		946
Foreign exchange rate contracts hedging loans and trading activity	3,409		110			3,649		102
Credit contracts hedging:
LHFI	—		—			515		11
Trading activity 7	1,721		15			1,733		12
Equity contracts hedging trading activity 6	13,837		2,499			25,070		2,857
Other contracts:
IRLCs and other 8	1,671		18			346		16
Commodity derivatives	712		63			710		61
Subtotal	136,108		3,901			93,417		4,132
Total derivative instruments		$143,238		$3,904			$106,467		$4,442
Total gross derivative instruments, before netting				$3,904					$4,442
Less: Legally enforceable master netting agreements			(2,731		)			(2,731		)
Less: Cash collateral received/paid			(371		)			(1,303		)
Total derivative instruments, after netting				$802					$408

¹ See “Cash Flow Hedges” in this Note for further discussion.

² See “Fair Value Hedges” in this Note for further discussion.

³ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁴ Amount includes $16.6 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁵ Amount includes $190 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amounts include $9.8 billion of notional amounts related to interest rate futures and $1.2 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁷ Asset and liability amounts include $4 million and $11 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁸ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

Netting of Derivative Instruments

The Company has various financial assets and financial liabilities that are subject to enforceable master netting agreements or similar agreements. The Company's securities borrowed or purchased under agreements to resell, and securities sold under agreements to repurchase, that are subject to enforceable master netting agreements or similar agreements, are discussed in Note 3, "Federal Funds Sold and Securities Financing Activities." The Company enters into ISDA or other legally enforceable industry standard master netting agreements with derivative counterparties. Under the terms of the master netting agreements, all transactions between the Company and the counterparty constitute a single business relationship such that in the event of default, the nondefaulting party is entitled to set off claims and apply property held by that party in respect of any transaction against obligations owed. Any payments, deliveries, or other transfers may be applied against each other and netted.

The following tables present total gross derivative instrument assets and liabilities at March 31, 2018 and December 31, 2017, which are adjusted to reflect the effects of legally enforceable master netting agreements and cash collateral received or paid when calculating the net amount reported in the Consolidated Balance Sheets. Also included in the tables are financial instrument collateral related to legally enforceable master netting agreements that represents securities collateral received or pledged and customer cash collateral held at third party custodians. These amounts are not offset on the Consolidated Balance Sheets but are shown as a reduction to total derivative instrument assets and liabilities to derive net derivative assets and liabilities. These amounts are limited to the derivative asset/liability balance, and accordingly, do not include excess collateral received/pledged.

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$2,805		$2,279		$526			$18		$508
Derivatives not subject to master netting arrangement or similar arrangement	17		—		17			—		17
Exchange traded derivatives	252		138		114			—		114
Total derivative instrument assets		$3,074		$2,417		$657	1		$18		$639
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$3,253		$2,787		$466			$34		$432
Derivatives not subject to master netting arrangement or similar arrangement	114		—		114			—		114
Exchange traded derivatives	138		138		—			—		—
Total derivative instrument liabilities		$3,505		$2,925		$580	2		$34		$546
December 31, 2017
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$3,491		$2,923		$568			$28		$540
Derivatives not subject to master netting arrangement or similar arrangement	18		—		18			—		18
Exchange traded derivatives	395		179		216			—		216
Total derivative instrument assets		$3,904		$3,102		$802	1		$28		$774
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$4,128		$3,855		$273			$27		$246
Derivatives not subject to master netting arrangement or similar arrangement	130		—		130			—		130
Exchange traded derivatives	184		179		5			—		5
Total derivative instrument liabilities		$4,442		$4,034		$408	2		$27		$381

¹ At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

² At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

Fair Value and Cash Flow Hedging Instruments

Fair Value Hedging

The Company enters into interest rate swap agreements as part of its risk management objectives for hedging exposure to changes in fair value due to changes in interest rates. These hedging arrangements convert certain fixed rate long-term debt and CDs to floating rates. Consistent with this objective, the Company reflects the accrued contractual interest on the hedged item and the related swaps as part of current period interest expense. There were no components of derivative gains or losses excluded in the Company’s assessment of hedge effectiveness related to the fair value hedges.

Beginning January 1, 2018, the Company early adopted ASU 2017-12 and modified its measurement methodology for certain hedged items designated under fair value hedge relationships. The Company elected to perform its subsequent assessments of hedge effectiveness using a qualitative, rather than a quantitative, approach. The adoption resulted in an immaterial cumulative effect adjustment to the opening balance of retained earnings and a basis adjustment to the related hedged items. For additional information on the Company's adoption of ASU 2017-12 and related policy updates, see Note 1, “Significant Accounting Policies.”

Cash Flow Hedging

The Company utilizes a comprehensive risk management strategy to monitor sensitivity of earnings to movements in interest rates. Specific types of funding and principal amounts hedged are determined based on prevailing market conditions and the shape of the yield curve. In conjunction with this strategy, the Company may employ various interest rate derivatives as risk management tools to hedge interest rate risk from recognized assets and liabilities or from forecasted transactions. The terms and notional amounts of derivatives are determined based on management’s assessment of future interest rates, as well as other factors.

The Company enters into interest rate swaps designated as cash flow hedging instruments to hedge its exposure to benchmark interest rate risk associated with floating rate loans. For the three months ended March 31, 2018, the amount of pre-tax loss recognized in OCI on derivative instruments was $165 million. At both March 31, 2018 and December 31, 2017, the maturities for hedges of floating rate loans ranged from less than one year to five years, with the weighted average being 3.6 years. These hedges have been highly effective in offsetting the designated risks. At March 31, 2018, $75 million of deferred net pre-tax losses on derivative instruments designated as cash flow hedges on floating rate loans recognized in AOCI are expected to be reclassified into net interest income during the next twelve months. The amount to be reclassified into income incorporates the impact from both active and terminated cash flow hedges, including the net interest income earned on the active hedges, assuming no changes in LIBOR. The Company may choose to terminate or de-designate a hedging relationship due to a change in the risk management objective for that specific hedge item, which may arise in conjunction with an overall balance sheet management strategy.

Pursuant to the adoption of ASU 2017-12, the following table presents gains and losses on derivatives in fair value and cash flow hedging relationships by contract type and by income statement line item for the three months ended March 31, 2018. For the three months ended March 31, 2017 the table presented below remains unchanged. The tables do not disclose the financial impact of the activities that these derivative instruments are intended to hedge.

	Net Interest Income
(Dollars in millions)	Interest and fees on LHFI				Interest on Long-term Debt				Interest on Deposits			Total
Three Months Ended March 31, 2018
Interest income/(expense), including the effects of fair value and cash flow hedges		$1,398				($74	)			($131	)		$1,193
Gain/(loss) on fair value hedging relationships:
Interest rate contracts:
Amounts related to interest settlements on derivatives		$—				$3				$—			$3
Recognized on derivatives	—				(72		)		—			(72		)
Recognized on hedged items	—				69			1	—			69
Net income/(expense) recognized on fair value hedges		$—				$—				$—			$—
Loss on cash flow hedging relationships:
Interest rate contracts:
Amount of pre-tax loss reclassified from AOCI into income		($5	)	2		$—				$—			($5	)
Net expense recognized on cash flow hedges		($5	)			$—				$—			($5	)

¹ Includes $2 million of amortization expense from de-designated fair value hedging relationships.

² During the three months ended March 31, 2018, the Company also reclassified $4 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Loss on Derivatives Recognized in Income			Amount of Gain on Related Hedged Items Recognized in Income		Amount of Gain Recognized in Income on Hedges (Ineffective Portion)
Derivative instruments in fair value hedging relationships:
Interest rate contracts hedging fixed rate debt 1		($11	)		$13		$2
Interest rate contracts hedging brokered time deposits 1	—			—		—
Total		($11	)		$13		$2

¹ Amounts are recognized in Trading income in the Consolidated Statements of Income.

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Pre-tax Loss Recognized in OCI on Derivatives (Effective Portion)			Amount of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)		Classification of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)
Derivative instruments in cash flow hedging relationships:
Interest rate contracts hedging floating rate LHFI 1		($25	)		$23	Interest and fees on loans held for investment

¹ During the three months endedMarch 31, 2017, the Company also reclassified $18 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

Pursuant to the adoption of ASU 2017-12, the following table presents the carrying amount of hedged liabilities on the Consolidated Balance Sheets in fair value hedging relationships and the associated cumulative basis adjustment related to the application of hedge accounting:

			Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Liabilities
(Dollars in millions)	Carrying Amount of Hedged Liabilities		Hedged Items Currently Designated			Hedged Items No Longer Designated
March 31, 2018
Long-term debt		$5,658		($148	)		($41	)
Interest-bearing deposits:
Brokered time deposits	29		—			—

Economic Hedging Instruments and Trading Activities

In addition to designated hedge accounting relationships, the Company also enters into derivatives as an end user to economically hedge risks associated with certain non-derivative and derivative instruments, along with entering into derivatives in a trading capacity with its clients.

The primary risks that the Company economically hedges are interest rate risk, foreign exchange risk, and credit risk. The Company mitigates these risks by entering into offsetting derivatives either on an individual basis or collectively on a macro basis.

The Company utilizes interest rate derivatives as economic hedges related to:

• Residential MSRs. The Company hedges these instruments with a combination of interest rate derivatives, including forward and option contracts, futures, and forward rate agreements.

• Residential mortgage IRLCs and LHFS. The Company hedges these instruments using forward and option contracts, futures, and forward rate agreements.

The Company is exposed to volatility and changes in foreign exchange rates associated with certain commercial loans. To hedge against this foreign exchange rate risk, the Company enters into foreign exchange rate contracts that provide for the future receipt and delivery of foreign currency at previously agreed-upon terms.

The Company enters into CDS to hedge credit risk associated with certain loans held within its Wholesale segment. The Company accounts for these contracts as derivatives, and accordingly, recognizes these contracts at fair value, with changes in fair value recognized in Other noninterest income in the Consolidated Statements of Income.

Trading activity primarily includes interest rate swaps, equity derivatives, CDS, futures, options, foreign exchange rate contracts, and commodity derivatives. These derivatives are entered into in a dealer capacity to facilitate client transactions, or are utilized as a risk management tool by the Company as an end user (predominantly in certain macro-hedging strategies).

The impacts of derivative instruments used for economic hedging or trading purposes on the Consolidated Statements of Income are presented in the following table:

	Classification of (Loss)/Gain Recognized in Income on Derivatives	Amount of (Loss)/Gain Recognized in Income on Derivatives During the Three Months Ended
(Dollars in millions)		March 31, 2018			March 31, 2017
Derivative instruments not designated as hedging instruments:
Interest rate contracts hedging:
Residential MSRs	Mortgage servicing related income		($93	)		($18	)
LHFS, IRLCs	Mortgage production related income	46			(15		)
LHFI	Other noninterest income	2			—
Trading activity	Trading income	9			11
Foreign exchange rate contracts hedging loans and trading activity	Trading income	(2		)	(6		)
Credit contracts hedging:
LHFI	Other noninterest income	1			(1		)
Trading activity	Trading income	6			5
Equity contracts hedging trading activity	Trading income	1			—
Other contracts:
IRLCs and other	Mortgage production related income, Commercial real estate related income	(6		)	48
Commodity derivatives	Trading income	—			1
Total			($36	)		$25

Credit Derivative Instruments

As part of the Company's trading businesses, the Company enters into contracts that are, in form or substance, written guarantees; specifically, CDS, risk participations, and TRS. The Company accounts for these contracts as derivatives, and accordingly, records these contracts at fair value, with changes in fair value recognized in Trading income in the Consolidated Statements of Income.

At March 31, 2018, there were no purchased CDS contracts designated as trading instruments. At December 31, 2017, the gross notional amount of purchased CDS contracts designated as trading instruments was $5 million. The fair value of purchased CDS was immaterial at December 31, 2017.

The Company has also entered into TRS contracts on loans. The Company’s TRS business consists of matched trades, such that when the Company pays depreciation on one TRS, it receives the same amount on the matched TRS. To mitigate its credit risk, the Company typically receives initial cash collateral from the counterparty upon entering into the TRS and is entitled to additional collateral if the fair value of the underlying reference assets deteriorates. At both March 31, 2018 and December 31, 2017, the outstanding notional balance of TRS totaled $1.7 billion. The fair values of these TRS assets and liabilities at March 31, 2018 were $22 million and $19 million, respectively, and related cash collateral held at March 31, 2018 was $372 million. The fair values of the TRS assets and liabilities at December 31, 2017 were $15 million and $13 million, respectively, and related cash collateral held at December 31, 2017 was $368 million. For additional information on the Company's TRS contracts, see Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," as well as Note 16, "Fair Value Election and Measurement."

The Company writes risk participations, which are credit derivatives, whereby the Company has guaranteed payment to a dealer counterparty in the event the counterparty experiences a loss on a derivative, such as an interest rate swap, due to a failure to pay by the counterparty’s customer (the “obligor”) on that derivative. The Company manages its payment risk on its risk participations by monitoring the creditworthiness of the obligors, which are all corporations or partnerships, through the normal credit review process that the Company would have performed had it entered into a derivative directly with the obligors. To date, no material losses have been incurred related to the Company’s written risk participations. At March 31, 2018, the remaining terms on these risk participations generally ranged from less than one year to eight years, with a weighted average term on the maximum estimated exposure of 4.7 years. At December 31, 2017, the remaining terms on these risk participations generally ranged from less than one year to nine years, with a weighted average term on the maximum estimated exposure of 5.5 years. The Company’s maximum estimated exposure to written risk participations, as measured by projecting a maximum value of the guaranteed derivative instruments based on interest rate curve simulations and assuming 100% default by all obligors on the maximum values, was approximately $85 million and $55 million at March 31, 2018 and December 31, 2017, respectively. The fair values of the written risk participations were immaterial at both March 31, 2018 and December 31, 2017.

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Fair Value Election and Measurement

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Election and Measurement

NOTE 16 - FAIR VALUE ELECTION AND MEASUREMENT

The Company measures certain assets and liabilities at fair value, which are classified as level 1, 2, or 3 within the fair value hierarchy, as shown below, on the basis of whether the measurement employs observable or unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s own assumptions, taking into account information about market participant assumptions that is readily available.

• Level 1: Quoted prices for identical instruments in active markets

• Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets

• Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable

Fair value is defined as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The Company’s recurring fair value measurements are based on either a requirement to measure such assets and liabilities at fair value or on the Company’s election to measure certain financial assets and liabilities at fair value. Assets and liabilities that are required to be measured at fair value on a recurring basis include trading securities, securities AFS, and derivative financial instruments. Assets and liabilities that the Company has elected to measure at fair value on a recurring basis include its residential MSRs, trading loans, and certain LHFS, LHFI, brokered time deposits, and fixed rate debt issuances.

The Company elects to measure certain assets and liabilities at fair value to better align its financial performance with the economic value of actively traded or hedged assets or liabilities. The use of fair value also enables the Company to mitigate non-economic earnings volatility caused from financial assets and liabilities being measured using different bases of accounting, as well as to more accurately portray the active and dynamic management of the Company’s balance sheet.

The Company uses various valuation techniques and assumptions in estimating fair value. The assumptions used to estimate the value of an instrument have varying degrees of impact to the overall fair value of an asset or liability. This process involves gathering multiple sources of information, including broker quotes, values provided by pricing services, trading activity in other identical or similar securities, market indices, and pricing matrices. When observable market prices for the asset or liability are not available, the Company employs various modeling techniques, such as discounted cash flow analyses, to estimate fair value. Models used to produce material financial reporting information are validated prior to use and following any material change in methodology. Their performance is monitored at least quarterly, and any material deterioration in model performance is escalated. This review is performed by different internal groups depending on the type of fair value asset or liability.

The Company has formal processes and controls in place to support the appropriateness of its fair value estimates. For fair values obtained from a third party, or those that include certain trader estimates of fair value, there is an independent price validation function that provides oversight for these estimates. For level 2 instruments and certain level 3 instruments, the validation generally involves evaluating pricing received from two or more third party pricing sources that are widely used by market participants. The Company evaluates this pricing information from both a qualitative and quantitative perspective and determines whether any pricing differences exceed acceptable thresholds. If thresholds are exceeded, the Company assesses differences in valuation approaches used, which may include contacting a pricing service to gain further insight into the valuation of a particular security or class of securities to resolve the pricing variance, which could include an adjustment to the price used for financial reporting purposes.

The Company classifies instruments within level 2 in the fair value hierarchy when it determines that external pricing sources estimated fair value using prices for similar instruments trading in active markets. A wide range of quoted values from pricing sources may imply a reduced level of market activity and indicate that significant adjustments to price indications have been made. In such cases, the Company evaluates whether the asset or liability should be classified as level 3.

Determining whether to classify an instrument as level 3 involves judgment and is based on a variety of subjective factors, including whether a market is inactive. A market is considered inactive if significant decreases in the volume and level of activity for the asset or liability have been observed. In making this determination the Company evaluates the number of recent transactions in either the primary or secondary market, whether or not price quotations are current, the nature of market participants, the variability of price quotations, the breadth of bid/ask spreads, declines in, or the absence of, new issuances, and the availability of public information. When a market is determined to be inactive, significant adjustments may be made to price indications when estimating fair value. In making these adjustments the Company seeks to employ assumptions a market participant would use to value the asset or liability, including consideration of illiquidity in the referenced market.

Recurring Fair Value Measurements

The following tables present certain information regarding assets and liabilities measured at fair value on a recurring basis and the changes in fair value for those specific financial instruments for which fair value has been elected.

	March 31, 2018
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$182		$—		$—		$—			$182
Federal agency securities	—		238		—		—			238
U.S. states and political subdivisions	—		123		—		—			123
MBS - agency	—		699		—		—			699
Corporate and other debt securities	—		804		—		—			804
CP	—		169		—		—			169
Equity securities	51		—		—		—			51
Derivative instruments	252		2,805		17		(2,417		)	657
Trading loans	—		2,189		—		—			2,189
Total trading assets and derivative instruments	485		7,027		17		(2,417		)	5,112
Securities AFS:
U.S. Treasury securities	4,340		—		—		—			4,340
Federal agency securities	—		249		—		—			249
U.S. states and political subdivisions	—		636		—		—			636
MBS - agency residential	—		22,513		—		—			22,513
MBS - agency commercial	—		2,242		—		—			2,242
MBS - non-agency residential	—		57		—		—			57
MBS - non-agency commercial	—		874		—		—			874
ABS	—		7		—		—			7
Corporate and other debt securities	—		16		—		—			16
Total securities AFS 2	4,340		26,594		—		—			30,934
LHFS	—		1,428		—		—			1,428
LHFI	—		—		188		—			188
Residential MSRs	—		—		1,916		—			1,916
Other 2	143		—		—		—			143
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	698		—		—		—			698
MBS - agency	—		1		—		—			1
Corporate and other debt securities	—		453		—		—			453
Equity securities	5		—		—		—			5
Derivative instruments	138		3,351		16		(2,925		)	580
Total trading liabilities and derivative instruments	841		3,805		16		(2,925		)	1,737
Brokered time deposits	—		302		—		—			302
Long-term debt	—		209		—		—			209

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

	December 31, 2017
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$157		$—		$—		$—			$157
Federal agency securities	—		395		—		—			395
U.S. states and political subdivisions	—		61		—		—			61
MBS - agency	—		700		—		—			700
Corporate and other debt securities	—		655		—		—			655
CP	—		118		—		—			118
Equity securities	56		—		—		—			56
Derivative instruments	395		3,493		16		(3,102		)	802
Trading loans	—		2,149		—		—			2,149
Total trading assets and derivative instruments	608		7,571		16		(3,102		)	5,093
Securities AFS:
U.S. Treasury securities	4,331		—		—		—			4,331
Federal agency securities	—		259		—		—			259
U.S. states and political subdivisions	—		617		—		—			617
MBS - agency residential	—		22,704		—		—			22,704
MBS - agency commercial	—		2,086		—		—			2,086
MBS - non-agency residential	—		—		59		—			59
MBS - non-agency commercial	—		866		—		—			866
ABS	—		—		8		—			8
Corporate and other debt securities	—		12		5		—			17
Total securities AFS 2	4,331		26,544		72		—			30,947
LHFS	—		1,577		—		—			1,577
LHFI	—		—		196		—			196
Residential MSRs	—		—		1,710		—			1,710
Other 2	56		—		—		—			56
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	577		—		—		—			577
Corporate and other debt securities	—		289		—		—			289
Equity securities	9		—		—		—			9
Derivative instruments	183		4,243		16		(4,034		)	408
Total trading liabilities and derivative instruments	769		4,532		16		(4,034		)	1,283
Brokered time deposits	—		236		—		—			236
Long-term debt	—		530		—		—			530

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

The following tables present the difference between fair value and the aggregate UPB for which the FVO has been elected for certain trading loans, LHFS, LHFI, brokered time deposits, and long-term debt instruments.

(Dollars in millions)	Fair Value at March 31, 2018		Aggregate UPB at March 31, 2018		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,189		$2,142		$47
LHFS:
Accruing	1,428		1,397		31
LHFI:
Accruing	183		190		(7		)
Nonaccrual	5		7		(2		)
Liabilities:
Brokered time deposits	302		304		(2		)
Long-term debt	209		203		6
(Dollars in millions)	Fair Value at December 31, 2017		Aggregate UPB at December 31, 2017		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,149		$2,111		$38
LHFS:
Accruing	1,576		1,533		43
Past due 90 days or more	1		1		—
LHFI:
Accruing	192		198		(6		)
Nonaccrual	4		6		(2		)
Liabilities:
Brokered time deposits	236		233		3
Long-term debt	530		517		13

The following tables present the change in fair value during the three months ended March 31, 2018 and 2017 of financial instruments for which the FVO has been elected, as well as for residential MSRs. The tables do not reflect the change in fair value attributable to related economic hedges that the Company uses to mitigate market-related risks associated with the financial instruments. Generally, changes in the fair value of economic hedges are recognized in Trading income, Mortgage production related income, Mortgage servicing related income, Commercial real estate related income, or Other noninterest income as appropriate, and are designed to partially offset the change in fair value of the financial instruments referenced in the tables below. The Company’s economic hedging activities are deployed at both the instrument and portfolio level.

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2018 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1			Mortgage Servicing Related Income		Other Noninterest Income			Total Changes in Fair Values Included in  Earnings 2
Assets:
Trading loans		$2		$—			$—		$—			$2
LHFS	—		(13		)	—		—			(13		)
LHFI	—		—			—		(2		)	(2		)
Residential MSRs	—		3			56		—			59
Liabilities:
Brokered time deposits	7		—			—		—			7
Long-term debt	3		—			—		—			3

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2018, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2018 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, LHFI, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2017 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1		Mortgage Servicing Related Income			Other Noninterest Income		Total Changes in Fair Values Included in Earnings 2
Assets:
Trading loans		$2		$—		$—			$—		$2
LHFS	—		12		—			—		12
Residential MSRs	—		1		(24		)	—		(23		)
Liabilities:
Brokered time deposits	1		—		—			—		1
Long-term debt	6		—		—			—		6

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2017, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2017 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

The following is a discussion of the valuation techniques and inputs used in estimating fair value for assets and liabilities measured at fair value on a recurring basis and classified as level 1, 2, and/or 3.

Trading Assets and Derivative Instruments and Securities Available for Sale

Unless otherwise indicated, trading assets are priced by the trading desk and securities AFS are valued by an independent third party pricing service. The third party pricing service gathers relevant market data and observable inputs, such as new issue data, benchmark curves, reported trades, credit spreads, and dealer bids and offers, and integrates relevant credit information, market movements, and sector news into its matrix pricing and other market-based modeling techniques.

U.S. Treasury Securities

The Company estimates the fair value of its U.S. Treasury securities based on quoted prices observed in active markets; as such, these investments are classified as level 1.

Federal Agency Securities

The Company includes in this classification securities issued by federal agencies and GSEs. Agency securities consist of debt obligations issued by HUD, FHLB, and other agencies, as well as securities collateralized by loans that are guaranteed by the SBA, and thus, are backed by the full faith and credit of the U.S. government. For SBA instruments, the Company estimates fair value based on pricing from observable trading activity for similar securities or from a third party pricing service. Accordingly, these instruments are classified as level 2.

U.S. States and Political Subdivisions

The Company’s investments in U.S. states and political subdivisions (collectively “municipals”) include obligations of county and municipal authorities and agency bonds, which are general obligations of the municipality or are supported by a specified revenue source. Holdings are geographically dispersed, with no significant concentrations in any one state or municipality. Additionally, all AFS municipal obligations classified as level 2 are highly rated or are otherwise collateralized by securities backed by the full faith and credit of the federal government.

MBS – Agency

Agency MBS includes pass-through securities and collateralized mortgage obligations issued by GSEs and U.S. government agencies, such as Fannie Mae, Freddie Mac, and Ginnie Mae. Each security contains a guarantee by the issuing GSE or agency. For agency MBS, the Company estimates fair value based on pricing from observable trading activity for similar securities or from a third party pricing service; accordingly, the Company classified these instruments as level 2.

MBS – Non-agency

Non-agency residential MBS includes purchased interests in third party securitizations, as well as retained interests in Company-sponsored securitizations of 2006 and 2007 vintage residential mortgages (including both prime jumbo fixed rate collateral and floating rate collateral). At the time of purchase or origination, these securities had high investment grade ratings; however, they have experienced deterioration in credit quality leading to downgrades to non-investment grade levels. The Company obtains pricing for these securities from an independent pricing service. The Company evaluates third party pricing to determine the reasonableness of the information relative to changes in market data, such as any recent trades, information received from market participants and analysts, and/or changes in the underlying collateral performance. At March 31, 2018 and December 31, 2017, the Company classified non-agency residential MBS as level 2 and level 3, respectively.

Non-agency commercial MBS consists of purchased interests in third party securitizations. These interests have high investment grade ratings, and the Company obtains pricing for these securities from an independent pricing service. The Company has classified these non-agency commercial MBS as level 2, as the third party pricing service relies on observable data for similar securities in active markets.

Asset-Backed Securities

ABS classified as securities AFS includes purchased interests in third party securitizations collateralized by home equity loans. At March 31, 2018 and December 31, 2017, the Company classified ABS as level 2 and level 3, respectively.

Corporate and Other Debt Securities

Corporate debt securities are comprised predominantly of senior and subordinate debt obligations of domestic corporations and are classified as level 2. Other debt securities classified as AFS include bonds that are redeemable with the issuer at par. At March 31, 2018 and December 31, 2017, the Company classified other debt securities as level 2 and level 3, respectively.

Commercial Paper

The Company acquires CP that is generally short-term in nature (maturity of less than 30 days) and highly rated. The Company estimates the fair value of this CP based on observable pricing from executed trades of similar instruments; as such, CP is classified as level 2.

Equity Securities

The Company estimates the fair value of its equity securities classified as trading assets based on quoted prices observed in active markets; accordingly, these investments are classified as level 1.

Derivative Instruments

The Company holds derivative instruments for both trading and risk management purposes. Level 1 derivative instruments generally include exchange-traded futures or option contracts for which pricing is readily available. The Company’s level 2 instruments are predominantly OTC swaps, options, and forwards, measured using observable market assumptions for interest rates, foreign exchange, equity, and credit. Because fair values for OTC contracts are not readily available, the Company estimates fair values using internal, but standard, valuation models. The selection of valuation models is driven by the type of contract: for option-based products, the Company uses an appropriate option pricing model such as Black-Scholes. For forward-based products, the Company’s valuation methodology is generally a discounted cash flow approach.

The Company's derivative instruments classified as level 2 are primarily transacted in the institutional dealer market and priced with observable market assumptions at a mid-market valuation point, with appropriate valuation adjustments for liquidity and credit risk. See Note 15, “Derivative Financial Instruments,” for additional information on the Company's derivative instruments.

The Company's derivative instruments classified as level 3 include IRLCs that satisfy the criteria to be treated as derivative financial instruments. The fair value of IRLCs on LHFS, while based on interest rates observable in the market, is highly dependent on the ultimate closing of the loans. These “pull-through” rates are based on the Company’s historical data and reflect the Company’s best estimate of the likelihood that a commitment will result in a closed loan. As pull-through rates increase, the fair value of IRLCs also increases. Servicing value is included in the fair value of IRLCs, and the fair value of servicing is determined by projecting cash flows, which are then discounted to estimate an expected fair value. The fair value of servicing is impacted by a variety of factors, including prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs, and underlying portfolio characteristics. Because these inputs are not transparent in market trades, IRLCs are considered to be level 3 assets. During the three months ended March 31, 2018 and 2017, the Company transferred $6 million of net IRLC liabilities and $36 million of net IRLC assets out of level 3 as the associated loans were closed.

Trading Loans

The Company engages in certain businesses whereby electing to measure loans at fair value for financial reporting aligns with the underlying business purpose. Specifically, loans included within this classification include trading loans that are (i) made or acquired in connection with the Company’s TRS business, (ii) part of the loan sales and trading business within the Company’s Wholesale segment, or (iii) backed by the SBA. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," and Note 15, “Derivative Financial Instruments,” for further discussion of this business. All of these loans are classified as level 2 due to the nature of market data that the Company uses to estimate fair value.

The loans made in connection with the Company’s TRS business are short-term, senior demand loans supported by a pledge agreement granting first priority security interest to the Bank in all the assets held by the borrower, a VIE with assets comprised primarily of corporate loans. While these TRS-related loans do not trade in the market, the Company believes that the par amount of the loans approximates fair value and no unobservable assumptions are used by the Company to value these loans. At both March 31, 2018 and December 31, 2017, the Company had $1.7 billion and of these short-term loans outstanding, measured at fair value.

The loans from the Company’s sales and trading business are commercial and corporate leveraged loans that are either traded in the market or for which similar loans trade. The Company elected to measure these loans at fair value since they are actively traded. For both of the three months ended March 31, 2018 and 2017, the Company recognized an immaterial amount of gains/(losses) in the Consolidated Statements of Income due to changes in fair value attributable to instrument-specific credit risk. The Company is able to obtain fair value estimates for substantially all of these loans through a third party valuation service that is broadly used by market participants. While most of the loans are traded in the market, the Company does not believe that trading activity qualifies the loans as level 1 instruments, as the volume and level of trading activity is subject to variability and the loans are not exchange-traded. At March 31, 2018 and December 31, 2017, $74 million and $48 million, respectively, of loans related to the Company’s trading business were held in inventory.

SBA loans are similar to SBA securities discussed herein under “Federal agency securities,” except for their legal form. In both cases, the Company trades instruments that are fully guaranteed by the U.S. government as to contractual principal and interest and there is sufficient observable trading activity upon which to base the estimate of fair value. As these SBA loans are fully guaranteed, the changes in fair value are attributable to factors other than instrument-specific credit risk. At March 31, 2018 and December 31, 2017, the Company held $448 million and $368 million of SBA loans in inventory, respectively.

Loans Held for Sale and Loans Held for Investment

Residential Mortgage LHFS

The Company values certain newly-originated residential mortgage LHFS at fair value based upon defined product criteria. The Company chooses to fair value these residential mortgage LHFS to eliminate the complexities and inherent difficulties of achieving hedge accounting and to better align reported results with the underlying economic changes in value of the loans and related hedge instruments. Any origination fees are recognized within Mortgage production related income in the Consolidated Statements of Income when earned at the time of closing. The servicing value is included in the fair value of the loan and is initially recognized at the time the Company enters into IRLCs with borrowers. The Company employs derivative instruments to economically hedge changes in interest rates and the related impact on servicing value in the fair value of the loan. The mark-to-market adjustments related to LHFS and the associated economic hedges are captured in Mortgage production related income.

LHFS classified as level 2 are primarily agency loans which trade in active secondary markets and are priced using current market pricing for similar securities, adjusted for servicing, interest rate risk, and credit risk. Non-agency residential mortgage LHFS are also included in level 2.

For residential mortgages that the Company has elected to measure at fair value, the Company recognized an immaterial amount of gains/(losses) in the Consolidated Statements of Income due to changes in fair value attributable to borrower-specific credit risk for both of the three months ended March 31, 2018 and 2017. In addition to borrower-specific credit risk, there are other more significant variables that drive changes in the fair values of the loans, including interest rates and general market conditions.

Commercial Mortgage LHFS

The Company values certain commercial mortgage LHFS at fair value based upon observable current market prices for similar loans. These loans are generally transferred to agencies within 90 days of origination. The Company had commitments from agencies to purchase these loans at March 31, 2018 and December 31, 2017; therefore, they are classified as level 2. Origination fees are recognized within Commercial real estate related income in the Consolidated Statements of Income when earned at the time of closing. To mitigate the effect of interest rate risk inherent in entering into IRLCs with borrowers, the Company enters into forward contracts with investors at the same time that it enters into IRLCs with borrowers. The mark-to-market adjustments related to commercial mortgage LHFS, IRLCs, and forward contracts are recognized in Commercial real estate related income. For commercial mortgages that the Company has elected to measure at fair value, the Company recognized no gains/(losses) in the Consolidated Statements of Income due to changes in fair value attributable to borrower-specific credit risk for both of the three months ended March 31, 2018 and 2017.

LHFI

LHFI classified as level 3 includes predominantly mortgage loans that are not marketable, largely due to the identification of loan defects. The Company chooses to measure these mortgage LHFI at fair value to better align reported results with the underlying economic changes in value of the loans and any related hedging instruments. The Company values these loans using a discounted cash flow approach based on assumptions that are generally not observable in current markets, such as prepayment speeds, default rates, loss severity rates, and discount rates. Level 3 LHFI also includes mortgage loans that are valued using collateral based pricing. Changes in the applicable housing price index since the time of the loan origination are considered and applied to the loan's collateral value. An additional discount representing the return that a buyer would require is also considered in the overall fair value.

Residential Mortgage Servicing Rights

The Company records residential MSR assets at fair value using a discounted cash flow approach. The fair values of residential MSRs are impacted by a variety of factors, including prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs, and underlying portfolio characteristics. The underlying assumptions and estimated values are corroborated by values received from independent third parties based on their review of the servicing portfolio, and comparisons to market transactions. Because these inputs are not transparent in market trades, residential MSRs are classified as level 3 assets. For additional information see Note 8, "Goodwill and Other Intangible Assets."

Other

The Company estimates the fair value of its mutual fund investments and other equity securities with readily determinable fair values based on quoted prices observed in active markets; therefore, these investments are classified as level 1.

Liabilities

Trading Liabilities and Derivative Instruments

Trading liabilities are comprised primarily of derivative contracts, including IRLCs that satisfy the criteria to be treated as derivative financial instruments, as well as various contracts (primarily U.S. Treasury securities, corporate and other debt securities) that the Company uses in certain of its trading businesses. The Company's valuation methodologies for these derivative contracts and securities are consistent with those discussed within the corresponding sections herein under “Trading Assets and Derivative Instruments and Securities Available for Sale.”

During the second quarter of 2009, in connection with its sale of VisaClass B shares, the Company entered into a derivative contract whereby the ultimate cash payments received or paid, if any, under the contract are based on the ultimate resolution of the Litigation involving Visa. The fair value of the derivative is estimated based on the Company’s expectations regarding the ultimate resolution of that Litigation. The significant unobservable inputs used in the fair value measurement of the derivative involve a high degree of judgment and subjectivity; accordingly, the derivative liability is classified as level 3. See Note 14, "Guarantees," for a discussion of the valuation assumptions.

Brokered Time Deposits

The Company has elected to measure certain CDs that contain embedded derivatives at fair value. This fair value election better aligns the economics of the CDs with the Company’s risk management strategies. The Company evaluated, on an instrument by instrument basis, whether a new issuance would be measured at fair value.

The Company has classified CDs measured at fair value as level 2 instruments due to the Company's ability to reasonably measure all significant inputs based on observable market variables. The Company employs a discounted cash flow approach based on observable market interest rates for the term of the CD and an estimate of the Bank's credit risk. For any embedded derivative features, the Company uses the same valuation methodologies as if the derivative were a standalone derivative, as discussed herein under "Derivative instruments."

Long-term Debt

The Company has elected to measure at fair value certain fixed rate issuances of public debt that are valued by obtaining price indications from a third party pricing service and utilizing broker quotes to corroborate the reasonableness of those marks. Additionally, information from market data of recent observable trades and indications from buy side investors, if available, are taken into consideration as additional support for the value. Due to the availability of this information, the Company determined that the appropriate classification for these debt issuances is level 2. The Company utilizes derivative instruments to convert interest rates on its fixed rate debt to floating rates. The Company elected to measure certain fixed rate debt issuances at fair value to align the accounting for the debt with the accounting for offsetting derivative positions, without having to apply complex hedge accounting.

The valuation technique and range, including weighted average, of the unobservable inputs associated with the Company's level 3 assets and liabilities are as follows:

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value March 31, 2018		Valuation Technique	Unobservable Input	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 1		$1	Internal model	Pull through rate	36-100% (79%)
				MSR value	41-190 bps (120 bps)
LHFI	183		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (181 bps)
				Conditional prepayment rate	7-24 CPR (13 CPR)
				Conditional default rate	0-2 CDR (0.7 CDR)
	5		Collateral based pricing	Appraised value	NM 2
Residential MSRs	1,916		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-33 CPR (13 CPR)
				Option adjusted spread	0-116% (4%)

¹ Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

² Not meaningful.

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value December 31, 2017		Valuation Technique	Unobservable Input 1	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 2		$—	Internal model	Pull through rate	41-100% (81%)
				MSR value	41-190 bps (113 bps)
Securities AFS:
MBS - non-agency residential	59		Third party pricing	N/A
ABS	8		Third party pricing	N/A
Corporate and other debt securities	5		Cost	N/A
LHFI	192		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (215 bps)
				Conditional prepayment rate	2-34 CPR (11 CPR)
				Conditional default rate	0-5 CDR (0.7 CDR)
	4		Collateral based pricing	Appraised value	NM 3
Residential MSRs	1,710		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-30 CPR (13 CPR)
				Option adjusted spread	1-125% (4%)

¹ For certain assets and liabilities where the Company utilizes third party pricing, the unobservable inputs and their ranges are not reasonably available, and therefore, have been noted as not applicable ("N/A").

² Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

³ Not meaningful.

The following tables present a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (other than servicing rights which are disclosed in Note 8, “Goodwill and Other Intangible Assets”). Transfers into and out of the fair value hierarchy levels are assumed to occur at the end of the period in which the transfer occurred. None of the transfers into or out of level 3 have been the result of using alternative valuation approaches to estimate fair values. There were no transfers between level 1 and 2 during the three months ended March 31, 2018 and 2017.

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2018		Included in Earnings				OCI		Purchases		Sales		Settlements			Transfers to/from Other Balance Sheet Line Items		Transfers into Level 3		Transfers out of Level 3			Fair Value March 31, 2018		Included in Earnings (held at March 31, 2018 1)
Assets
Trading assets:
Derivative instruments, net		$—		($6	)	2		$—		$—		$—		$1			$6		$—		$—			$1		$16		2
Securities AFS:
MBS - non-agency residential	59		—				—		—		—		(2		)	—		—		(57		)	—		—
ABS	8		—				—		—		—		(1		)	—		—		(7		)	—		—
Corporate and other debt securities	5		—				—		—		—		—			—		—		(5		)	—		—
Total securities AFS	72		—				—		—		—		(3		)	—		—		(69		)	—		—
LHFI	196		(2		)	3	—		—		—		(7		)	—		1		—			188		(3		)	3

¹ Change in unrealized gains/(losses) included in earnings during the period related to financial assets still held at March 31, 2018.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income, amount related to commercial IRLCs is recognized in Commercial real estate related income, and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts are generally included in Mortgage production related income; however, the mark on certain fair value loans is included in Other noninterest income.

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2017		Included in Earnings			OCI				Purchases		Sales			Settlements			Transfers to/from Other Balance Sheet Line Items			Transfers into Level 3		Transfers out of Level 3		Fair Value March 31, 2017		Included in Earnings (held at March 31, 2017 1)
Assets
Trading assets:
Derivative instruments, net		$6		$48	2		$—				$—		$—			($1	)		($36	)		$—		$—		$17		$30	2
Securities AFS:
U.S. states and political subdivisions	4		—			—				—		—			—			—			—		—		4		—
MBS - non-agency residential	74		—			(1		)	3	—		—			(2		)	—			—		—		71		—
ABS	10		—			—			—	—		—			(1		)	—			—		—		9		—
Corporate and other debt securities	5		—			—				—		—			—			—			—		—		5		—
Total securities AFS	93		—			(1		)	3	—		—			(3		)	—			—		—		89		—
Residential LHFS	12		—			—				—		(14		)	—			(2		)	10		—		6		—
LHFI	222		—			—				—		—			(6		)	1			4		—		221		—

¹ Change in unrealized gains included in earnings during the period related to financial assets still held at March 31, 2017.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts recognized in OCI are included in change in net unrealized losses on securities AFS, net of tax.

Non-recurring Fair Value Measurements

The following tables present gains and losses recognized on assets still held at period end, and measured at fair value on a non-recurring basis, for the three months ended March 31, 2018 and the year ended December 31, 2017. Adjustments to fair value generally result from the application of LOCOM, or the measurement alternative, or through write-downs of individual assets. The tables do not reflect changes in fair value attributable to economic hedges the Company may have used to mitigate interest rate risk associated with LHFS.

			Fair Value Measurements						(Losses)/Gains for the Three Months Ended March 31, 2018
(Dollars in millions)	March 31, 2018		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	48		—		—		48		—
OREO	23		—		—		23		(2		)
Other assets	41		—		31		10		15
			Fair Value Measurements						Losses for the Year Ended December 31, 2017
(Dollars in millions)	December 31, 2017		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	49		—		—		49		—
OREO	24		—		1		23		(4		)
Other assets	53		—		4		49		(43		)

Discussed below are the valuation techniques and inputs used in estimating fair values for assets measured at fair value on a non-recurring basis and classified as level 2 and/or 3.

Loans Held for Sale

At March 31, 2018 and December 31, 2017, LHFS classified as level 2 consisted of commercial loans that were valued using market prices and measured at LOCOM. There were no gains/(losses) recognized in earnings during the three months ended March 31, 2018 or during the year ended December 31, 2017 as the charge-offs related to these loans are a component of the ALLL.

Loans Held for Investment

At March 31, 2018 and December 31, 2017, LHFI classified as level 3 consisted primarily of consumer loans discharged in Chapter 7 bankruptcy that had not been reaffirmed by the borrower, as well as nonperforming CRE loans for which specific reserves had been recognized. Cash proceeds from the sale of the underlying collateral is the expected source of repayment for a majority of these loans. Accordingly, the fair value of these loans is derived from the estimated fair value of the underlying collateral, incorporating market data if available. Due to the lack of market data for similar assets, all of these loans are classified as level 3. There were no gains/(losses) recognized during the three months ended March 31, 2018 or during the year ended December 31, 2017, as the charge-offs related to these loans are a component of the ALLL.

OREO

OREO is measured at the lower of cost or fair value less costs to sell. Level 2 OREO consists primarily of residential homes, commercial properties, and vacant lots and land for which binding purchase agreements exist. Level 3 OREO consists primarily of residential homes, commercial properties, and vacant lots and land for which initial valuations are based on property-specific appraisals, broker pricing opinions, or other limited, highly subjective market information. Updated value estimates are received regularly for level 3 OREO.

Other Assets

Other assets consists of equity investments, other repossessed assets, assets under operating leases where the Company is the lessor, branch properties, land held for sale, and software.

Pursuant to the adoption of ASU 2016-01 on January 1, 2018, the Company elected the measurement alternative for measuring certain equity securities without readily determinable fair values, which are adjusted based on any observable price changes in orderly transactions. These equity securities are classified as level 2 based on the valuation methodology and associated inputs. During the three months ended March 31, 2018, the Company recognized a remeasurement gain of $23 million on these equity securities.

Prior to the adoption of ASU 2016-01, equity investments were evaluated for potential impairment based on the expected remaining cash flows to be received from these assets discounted at a market rate that is commensurate with the expected risk, considering relevant company-specific valuation multiples, where applicable. Based on the valuation methodology and associated unobservable inputs, these investments are classified as level 3. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges on its equity investments.

Other repossessed assets comprises repossessed personal property that is measured at fair value less cost to sell. These assets are classified as level 3 as their fair value is determined based on a variety of subjective, unobservable factors. There were no losses recognized in earnings by the Company on other repossessed assets during the three months ended March 31, 2018 or during the year ended December 31, 2017, as the impairment charges on repossessed personal property were a component of the ALLL.

The Company monitors the fair value of assets under operating leases where the Company is the lessor and recognizes impairment on the leased asset to the extent the carrying value is not recoverable and is greater than its fair value. Fair value is determined using collateral specific pricing digests, external appraisals, broker opinions, recent sales data from industry equipment dealers, and the discounted cash flows derived from the underlying lease agreement. As market data for similar assets and lease arrangements is available and used in the valuation, these assets are considered level 2. No impairment charges were recognized during the three months ended March 31, 2018 attributable to changes in the fair value of various personal property under operating leases. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges attributable to changes in the fair value of various personal property under operating leases.

Branch properties are classified as level 3, as their fair value is based on market comparables and broker opinions. The Company recognized no impairment on branch properties during the three months ended March 31, 2018. During the year ended December 31, 2017, the Company recognized impairment charges of $10 million on branch properties.

Land held for sale is recorded at the lesser of carrying value or fair value less cost to sell, and is considered level 3 as its fair value is determined based on market comparables and broker opinions. The Company recognized no impairment charges on land held for sale during the three months ended March 31, 2018. During the year ended December 31, 2017, the Company recognized an immaterial amount of impairment charges on land held for sale.

Software consisted primarily of external software licenses and internally developed software that were impaired and for which fair value was determined using a level 3 measurement. This resulted in impairment charges of $8 million during the three months ended March 31, 2018 and $28 million during the year ended December 31, 2017.

Fair Value of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments are as follows:

			March 31, 2018				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$7,304		$7,304		$7,304		$—		$—
Trading assets and derivative instruments	Fair value		5,112		5,112		485		4,610		17
Securities AFS	Fair value		30,934		30,934		4,340		26,594		—
LHFS	Fair value	1	2,377		2,389		—		2,348		41
LHFI, net	Amortized cost	2	140,924		141,174		—		—		141,174
Other	Amortized cost	3	561		561		143		—		418
Financial liabilities:
Time deposits	Amortized cost		13,715		13,478		—		13,478		—
Short-term borrowings	Amortized cost		3,572		3,572		—		3,572		—
Long-term debt	Amortized cost	2	10,692		10,743		—		9,631		1,112
Trading liabilities and derivative instruments	Fair value		1,737		1,737		841		880		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with readily determinable fair values, which are measured at fair value on a recurring basis.

			December 31, 2017				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$6,912		$6,912		$6,912		$—		$—
Trading assets and derivative instruments	Fair value		5,093		5,093		608		4,469		16
Securities AFS	Fair value		30,947		30,947		4,331		26,544		72
LHFS	Fair value	1	2,290		2,293		—		2,239		54
LHFI, net	Amortized cost	2	141,446		141,575		—		—		141,575
Other	Amortized cost	3	474		474		56		—		418
Financial liabilities:
Time deposits	Amortized cost		12,076		11,906		—		11,906		—
Short-term borrowings	Amortized cost		4,781		4,781		—		4,781		—
Long-term debt	Amortized cost	2	9,785		9,892		—		8,834		1,058
Trading liabilities and derivative instruments	Fair value		1,283		1,283		769		498		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with determinable fair values, which are measured at fair value on a recurring basis.

Unfunded loan commitments and letters of credit are not included in the table above. At March 31, 2018 and December 31, 2017, the Company had $68.3 billion and $66.4 billion, respectively, of unfunded commercial loan commitments and letters of credit. A reasonable estimate of the fair value of these instruments is the carrying value of deferred fees plus the related unfunded commitments reserve, which was a combined $73 million and $84 million at March 31, 2018 and December 31, 2017, respectively. No active trading market exists for these instruments, and the estimated fair value does not include value associated with the borrower relationship. The Company does not estimate the fair values of consumer unfunded lending commitments which can generally be canceled by providing notice to the borrower.

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Contingencies

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Contingencies

NOTE 17 – CONTINGENCIES

Litigation and Regulatory Matters

In the ordinary course of business, the Company and its subsidiaries are parties to numerous civil claims and lawsuits and subject to regulatory examinations, investigations, and requests for information. Some of these matters involve claims for substantial amounts. The Company’s experience has shown that the damages alleged by plaintiffs or claimants are often overstated, based on unsubstantiated legal theories, unsupported by facts, and/or bear no relation to the ultimate award that a court might grant. Additionally, the outcome of litigation and regulatory matters and the timing of ultimate resolution are inherently difficult to predict. These factors make it difficult for the Company to provide a meaningful estimate of the range of reasonably possible outcomes of claims in the aggregate or by individual claim. However, on a case-by-case basis, reserves are established for those legal claims in which it is probable that a loss will be incurred and the amount of such loss can be reasonably estimated. The Company's financial statements at March 31, 2018 reflect the Company's current best estimate of probable losses associated with these matters, including costs to comply with various settlement agreements, where applicable. The actual costs of resolving these claims may be substantially higher or lower than the amounts reserved.

For a limited number of legal matters in which the Company is involved, the Company is able to estimate a range of reasonably possible losses in excess of related reserves, if any. Management currently estimates these losses to range from $0 to approximately $160 million. This estimated range of reasonably possible losses represents the estimated possible losses over the life of such legal matters, which may span a currently indeterminable number of years, and is based on information available at March 31, 2018. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from this estimate. Those matters for which an estimate is not possible are not included within this estimated range; therefore, this estimated range does not represent the Company’s maximum loss exposure. Based on current knowledge, it is the opinion of management that liabilities arising from legal claims in excess of the amounts currently reserved, if any, will not have a material impact on the Company’s financial condition, results of operations, or cash flows. However, in light of the significant uncertainties involved in these matters and the large or indeterminate damages sought in some of these matters, an adverse outcome in one or more of these matters could be material to the Company’s financial condition, results of operations, or cash flows for any given reporting period.

The following is a description of certain litigation and regulatory matters:

Card Association Antitrust Litigation

The Company is a defendant, along with Visa and MasterCard, as well as several other banks, in several antitrust lawsuits challenging their practices. For a discussion regarding the Company’s involvement in this litigation matter, see Note 14, “Guarantees.”

Bickerstaff v. SunTrust Bank

This case was filed in the Fulton County State Court on July 12, 2010, and an amended complaint was filed on August 9, 2010. Plaintiff asserts that all overdraft fees charged to his account which related to debit card and ATM transactions are actually interest charges and therefore subject to the usury laws of Georgia. Plaintiff has brought claims for violations of civil and criminal usury laws, conversion, and money had and received, and purports to bring the action on behalf of all Georgia citizens who incurred such overdraft fees within the four years before the complaint was filed where the overdraft fee resulted in an interest rate being charged in excess of the usury rate. On April 8, 2013, the plaintiff filed a motion for class certification and that motion was denied but the ruling was later reversed and remanded by the Georgia Supreme Court. On October 6, 2017, the trial court granted plaintiff's motion for class certification and the Bank filed an appeal of the decision on November 3, 2017.

ERISA Class Actions

Company Stock Class Action

Beginning in July 2008, the Company and certain officers, directors, and employees of the Company were named in a class action alleging that they breached their fiduciary duties under ERISA by offering the Company's common stock as an investment option in the SunTrust Banks, Inc. 401(k) Plan (the “Plan”). The plaintiffs sought to represent all current and former Plan participants who held the Company stock in their Plan accounts from May 15, 2007 to March 30, 2011 and seek to recover alleged losses these participants supposedly incurred as a result of their investment in Company stock.

This case was originally filed in the U.S. District Court for the Southern District of Florida but was transferred to the U.S. District Court for the Northern District of Georgia, Atlanta Division (the “District Court”), in November 2008. Since the filing of the case, various amended pleadings, motions, and appeals were made by the parties that ultimately resulted in the District Court granting a motion for summary judgment for certain non-fiduciary defendants and granting certain of the plaintiffs' motion for class certification. The class is defined as "All persons, other than Defendants and members of their immediate families, who were participants in or beneficiaries of the SunTrust Banks, Inc. 401(k) Savings Plan (the "Plan") at any time between May 15, 2007 and March 30, 2011, inclusive (the "Class Period") and whose accounts included investments in SunTrust common stock ("SunTrust Stock") during that time period and who sustained a loss to their account as a result of the investment in SunTrust Stock." The parties agreed to a settlement wherein the Company would pay approximately $5 million to a settlement fund in addition to other non-monetary reliefs. On March 12, 2018, the District Court preliminarily approved the settlement. The Company awaits the District Court's final approval of the settlement.

Mutual Funds Class Actions

On March 11, 2011, the Company and certain officers, directors, and employees of the Company were named in a putative class action alleging that they breached their fiduciary duties under ERISA by offering certain STI Classic Mutual Funds as investment options in the Plan. The plaintiffs purport to represent all current and former Plan participants who held the STI Classic Mutual Funds in their Plan accounts from April 2002 through December 2010 and seek to recover alleged losses these Plan participants supposedly incurred as a result of their investment in the STI Classic Mutual Funds. This action is pending in the U.S. District Court for the Northern District of Georgia, Atlanta Division (the “District Court”). Subsequently, plaintiffs' counsel initiated a substantially similar lawsuit against the Company naming two new plaintiffs. On June 27, 2014, Brown, et al. v. SunTrust Banks, Inc., et al., another putative class action alleging breach of fiduciary duties associated with the inclusion of STI Classic Mutual Funds as investment options in the Plan,was filed in the U.S. District Court for the District of Columbia but then was transferred to the District Court.

After various appeals, the cases were remanded to the District Court. On March 25, 2016, a consolidated amended complaint was filed, consolidating all of these pending actions into one case. The Company filed an answer to the consolidated amended complaint on June 6, 2016. Subsequent to the closing of fact discovery, plaintiffs filed their second amended consolidated complaint on December 19, 2017 which among other things named five new defendants. On January 2, 2018, defendants filed their answer to the second amended consolidated complaint. Defendants' motion for Partial Summary Judgment was filed on January 12, 2018, and on January 16, 2018 the plaintiffs filed for motion for class certification.

Intellectual Ventures II v. SunTrust Banks, Inc. and SunTrust Bank

This action was filed in the U.S. District Court for the Northern District of Georgia on July 24, 2013. Plaintiff alleged that SunTrust violates five patents held by plaintiff in connection with SunTrust’s provision of online banking services and other systems and services. Plaintiff seeks damages for alleged patent infringement of an unspecified amount, as well as attorney’s fees and expenses. The matter was stayed on October 7, 2014 pending inter partes reviews of a number of the claims asserted against SunTrust. After completion of those reviews, plaintiff dismissed its claims regarding four of the five patents on August 1, 2017.

United States Mortgage Servicing Settlement

In the second quarter of 2014, STM and the U.S., through the DOJ, HUD, and Attorneys General for several states, reached a final settlement agreement related to the National Mortgage Servicing Settlement. The settlement agreement became effective on September 30, 2014 when the court entered the Consent Judgment. Pursuant to the settlements, STM made $50 million in cash payments, provided $500 million of consumer relief, and implemented certain mortgage servicing standards. In an August 10, 2017 report, the independent Office of Mortgage Settlement Oversight ("OMSO"), appointed to review and certify compliance with the provisions of the settlement, confirmed that STM fulfilled its consumer relief commitments of the settlement. STM's mortgage servicing standard obligations concluded on March 31, 2018. Testing of the final compliance period results by an internal review group, and semi-annually by the OMSO, is ongoing.

United States Attorney’s Office for the Southern District of New York Foreclosure Expense Investigation

In April 2013, STM began cooperating with the United States Attorney's Office for the Southern District of New York (the "Southern District") in a broad-based industry investigation regarding claims for foreclosure-related expenses charged by law firms in connection with the foreclosure of loans guaranteed or insured by Fannie Mae, Freddie Mac, or FHA. The investigation relates to a private litigant qui tam lawsuit. On March 27, 2018, the United States Attorney's Office filed notice with the Southern District that it did not intend to intervene in the matter as to STM, and, on the same date, the qui tam matter was unsealed. On April 3, 2018, the private litigant filed an amended complaint alleging violations of the False Claims Act by various servicers, including STM.

LR Trust v. SunTrust Banks, Inc., et al.

In November 2016, the Company and certain officers and directors were named as defendants in a shareholder derivative action alleging that defendants failed to take action related to activities at issue in the National Mortgage Servicing, HAMP, and FHA Originations settlements, and certain other legal matters or to ensure that the alleged activities in each were remedied and otherwise appropriately addressed. Plaintiff sought an award in favor of the Company for the amount of damages sustained by the Company, disgorgement of alleged benefits obtained by defendants, and enhancements to corporate governance and internal controls. On September 18, 2017, the court dismissed this matter and on October 16, 2017, plaintiff filed an appeal.

Millennium Lender Claim Trust v. STRH and SunTrust Bank, et al.

In August 2017, the Trustee of the Millennium Lender Claim Trust filed a suit in the New York State Court against STRH, SunTrust Bank, and other lenders of the $1.775 B Millennium Health LLC f/k/a Millennium Laboratories LLC (“Millennium”) syndicated loan. The Trustee alleges that the loan was actually a security and that defendants misrepresented or omitted to state material facts in the offering materials and communications provided concerning the legality of Millennium's sales, marketing, and billing practices and the known risks posed by a pending government investigation into the illegality of such practices. The Trustee brings claims for violation of the California Corporate Securities Law, the Massachusetts Uniform Securities Act, the Colorado Securities Act, and the Illinois Securities Law, as well as negligent misrepresentation and seeks rescission of sales of securities as well as unspecified rescissory damages, compensatory damages, punitive damages, interest, and attorneys' fees and costs. The defendants have removed the case to the U.S. District Court for the Southern District of New York and the Trustee has moved to remand the case back to state court.

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Business Segment Reporting

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Business Segment Reporting

NOTE 18 - BUSINESS SEGMENT REPORTING

The Company operates and measures business activity across two segments: Consumer and Wholesale, with functional activities included in Corporate Other. The Company's business segment structure is based on the manner in which financial information is evaluated by management as well as the products and services provided or the type of client served. The following is a description of the segments and their primary businesses at March 31, 2018.

The Consumer segment is made up of four primary businesses:

• Consumer Banking provides services to individual consumers and branch-managed small business clients through an extensive network of traditional and in-store branches, ATMs, the internet (www.suntrust.com), mobile banking, and by telephone (1-800-SUNTRUST). Financial products and services offered to consumers and small business clients include deposits and payments, loans, and various fee-based services. Consumer Banking also serves as an entry point for clients and provides services for other businesses.

• Consumer Lending offers an array of lending products to individual consumers and small business clients via the Company's Consumer Banking and PWM businesses, through the internet (www.suntrust.com and www.lightstream.com), as well as through various national offices and partnerships. Products offered include home equity lines, personal credit lines and loans, direct auto, indirect auto, student lending, credit cards, and other lending products.

• PWM provides a full array of wealth management products and professional services to individual consumers and institutional clients, including loans, deposits, brokerage, professional investment advisory, and trust services to clients seeking active management of their financial resources. Institutional clients are served by the Institutional Investment Solutions business. Discount/online and full-service brokerage products are offered to individual clients through STIS. Investment advisory products and services are offered to clients by STAS, an SEC registered investment advisor. PWM also includes GFO, which provides family office solutions to clients and their families to help them manage and sustain wealth across multiple generations, including family meeting facilitation, consolidated reporting, expense management, specialty asset management, and business transition advice, as well as other wealth management disciplines.

• Mortgage Banking offers residential mortgage products nationally through its retail and correspondent channels, the internet (www.suntrust.com), and by telephone (1-800-SUNTRUST). These products are either sold in the secondary market, primarily with servicing rights retained, or held in the Company’s loan portfolio. Mortgage Banking also services loans for other investors, in addition to loans held in the Company’s loan portfolio.

◦ The Company plans to merge its STM and Bank entities in the third quarter of 2018. The Company has received conditional regulatory approval for the merger, which is subject to final approval from the appropriate regulatory authorities once certain merger transaction documents have been executed. These entities are both part of the Company's Consumer business segment, and the merged entity would remain within Consumer. Subsequent to the merger, it is anticipated that STM will conduct operations under the Bank’s name and charter. The planned merger resulted in an increase in the Company’s valuation allowance recorded for STM's state carryforwards in the first quarter of 2018, as described in Note 12, “Income Taxes.” The Company is continuing to evaluate the anticipated impacts of the merger; however, no additional material impacts are currently expected.

The Wholesale segment is made up of three primary businesses and the Treasury & Payment Solutions product group:

• CIB delivers comprehensive capital markets solutions, including advisory, capital raising, and financial risk management, with the goal of serving the needs of both public and private companies in the Wholesale segment and PWM business. Investment Banking and Corporate Banking teams within CIB serve clients across the nation, offering a full suite of traditional banking and investment banking products and services to companies with annual revenues typically greater than $150 million. Investment Banking serves select industry segments including consumer and retail, energy, technology, financial services, healthcare, industrials, and media and communications. Corporate Banking serves clients across diversified industry sectors based on size, complexity, and frequency of capital markets issuance. Also managed within CIB is the Equipment Finance Group, which provides lease financing solutions (through SunTrust Equipment Finance & Leasing).

• Commercial & Business Banking offers an array of traditional banking products, including lending, cash management and investment banking solutions via STRH to commercial clients (generally clients with revenues between $1 million and $250 million), not-for-profit organizations, and governmental entities, as well as auto dealer financing (floor plan inventory financing).

• Commercial Real Estate provides a full range of financial solutions for commercial real estate developers, owners, and operators, including construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions via STRH. Commercial Real Estate also provides multi-family agency lending and servicing, as well as loan administration, advisory, and commercial mortgage brokerage services via Pillar. The Institutional Property Group business targets relationships with REITs, pension fund advisors, private funds, homebuilders, and insurance companies and the Regional business focuses on private real estate owners and developers through a regional delivery structure. Commercial Real Estate also offers tailored financing and equity investment solutions for community development and affordable housing projects through STCC, with particular expertise in Low Income Housing Tax Credits and New Market Tax Credits.

• Treasury & Payment Solutions provides Wholesale clients with services required to manage their payments and receipts, combined with the ability to manage and optimize their deposits across all aspects of their business. Treasury & Payment Solutions operates all electronic and paper payment types, including card, wire transfer, ACH, check, and cash. It also provides clients the means to manage their accounts electronically online, both domestically and internationally.

Corporate Other includes management of the Company’s investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. Corporate Other also includes the Company's functional activities such as marketing, SunTrust online, human resources, finance, ER, legal and compliance, communications, procurement, enterprise information services, corporate real estate, and executive management. Additionally, the results of PAC were reported previously in the Wholesale segment and were reclassified to Corporate Other for enhanced comparability of the Wholesale segment results excluding PAC. See Note 2, "Acquisitions/Dispositions," to the Company's 2017 Annual Report on Form 10-K for additional information related to the sale of PAC in December 2017.

Because business segment results are presented based on management accounting practices, the transition to the consolidated results prepared under U.S. GAAP creates certain differences, which are reflected in reconciling items. Business segment reporting conventions are described below:

• Net interest income-FTE – is reconciled from Net interest income and is grossed-up on an FTE basis to make income from tax-exempt assets comparable to other taxable products. Segment results reflect matched maturity funds transfer pricing, which ascribes credits or charges based on the economic value or cost created by assets and liabilities of each segment. Differences between these credits and charges are captured as reconciling items. The change in this variance is generally attributable to corporate balance sheet management strategies.

• Provision for credit losses – represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to each segment's quarterly change in the ALLL and unfunded commitments reserve balances.

• Noninterest income – includes federal and state tax credits that are grossed-up on a pre-tax equivalent basis, related primarily to certain community development investments.

• Provision for income taxes-FTE – is calculated using a blended income tax rate for each segment and includes reversals of the tax adjustments and credits described above. The difference between the calculated provision for income taxes at the segment level and the consolidated provision for income taxes is reported as reconciling items.

The segment’s financial performance is comprised of direct financial results and allocations for various corporate functions that provide management an enhanced view of the segment’s financial performance. Internal allocations include the following:

• Operational costs – expenses are charged to segments based on an activity-based costing process, which also allocates residual expenses to the segments. Generally, recoveries of these costs are reported in Corporate Other.

• Support and overhead costs – expenses not directly attributable to a specific segment are allocated based on various drivers (number of equivalent employees, number of PCs/laptops, net revenue, etc.). Recoveries for these allocations are reported in Corporate Other.

The application and development of management reporting methodologies is an active process and undergoes periodic enhancements. The implementation of these enhancements to the internal management reporting methodology may materially affect the results disclosed for each segment, with no impact on consolidated results. If significant changes to management reporting methodologies take place, the impact of these changes is quantified and prior period information is revised, when practicable.

	Three Months Ended March 31, 2018
(Dollars in millions)	Consumer		Wholesale			Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$74,093		$68,741			$90			($4	)		$142,920
Average consumer and commercial deposits	103,099		56,050			204			(184		)	159,169
Average total assets	83,716		82,472			35,489			2,455			204,132
Average total liabilities	103,925		61,902			13,877			(177		)	179,527
Average total equity	—		—			—			24,605			24,605
Statements of Income:
Net interest income		$961		$563			($28	)		($55	)		$1,441
FTE adjustment	—		20			1			(1		)	20
Net interest income-FTE 1	961		583			(27		)	(56		)	1,461
Provision/(benefit) for credit losses 2	60		(32		)	—			—			28
Net interest income after provision/(benefit) for credit losses-FTE	901		615			(27		)	(56		)	1,433
Total noninterest income	443		371			14			(32		)	796
Total noninterest expense	966		477			(21		)	(5		)	1,417
Income before provision for income taxes-FTE	378		509			8			(83		)	812
Provision for income taxes-FTE 3	83		119			9			(44		)	167
Net income including income attributable to noncontrolling interest	295		390			(1		)	(39		)	645
Less: Net income attributable to noncontrolling interest	—		—			2			—			2
Net income		$295		$390			($3	)		($39	)		$643

¹ Presented on a matched maturity funds transfer price basis for the segments.

² Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

³ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

	Three Months Ended March 31, 2017 1, 2
(Dollars in millions)	Consumer		Wholesale		Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$71,147		$71,237		$1,286			$—			$143,670
Average consumer and commercial deposits	101,941		56,866		117			(50		)	158,874
Average total assets	81,265		84,632		35,241			3,114			204,252
Average total liabilities	102,896		62,512		15,196			(23		)	180,581
Average total equity	—		—		—			23,671			23,671
Statements of Income:
Net interest income		$894		$527		$26			($81	)		$1,366
FTE adjustment	—		34		1			(1		)	34
Net interest income-FTE 3	894		561		27			(82		)	1,400
Provision for credit losses 4	88		32		—			(1		)	119
Net interest income after provision for credit losses-FTE	806		529		27			(81		)	1,281
Total noninterest income	464		401		24			(42		)	847
Total noninterest expense	992		479		(2		)	(4		)	1,465
Income before provision for income taxes-FTE	278		451		53			(119		)	663
Provision for income taxes-FTE 5	100		168		(6		)	(69		)	193
Net income including income attributable to noncontrolling interest	178		283		59			(50		)	470
Less: Net income attributable to noncontrolling interest	—		—		2			—			2
Net income		$178		$283		$57			($50	)		$468

¹ Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

² During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

³ Presented on a matched maturity funds transfer price basis for the segments.

⁴ Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

⁵ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

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Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2018

Accumulated Other Comprehensive Income

NOTE 19 - ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in the components of AOCI, net of tax, are presented in the following table:

(Dollars in millions)	Securities AFS			Derivative Instruments			Brokered Time Deposits			Long-Term Debt			Employee Benefit Plans			Total
Three Months Ended March 31, 2018
Balance, beginning of period		($1	)		($244	)		($1	)		($4	)		($570	)		($820	)
Cumulative effect adjustment related to ASU adoption 1	30			(56		)	—			(1		)	(127		)	(154		)
Net unrealized (losses)/gains arising during the period	(424		)	(125		)	1			2			(5		)	(551		)
Amounts reclassified to net income	(1		)	1			—			—			3			3
Other comprehensive (loss)/income, net of tax	(425		)	(124		)	1			2			(2		)	(548		)
Balance, end of period		($396	)		($424	)		$—			($3	)		($699	)		($1,522	)
Three Months Ended March 31, 2017
Balance, beginning of period		($62	)		($157	)		($1	)		($7	)		($594	)		($821	)
Net unrealized gains/(losses) arising during the period	2			(16		)	—			(1		)	(9		)	(24		)
Amounts reclassified to net income	—			(26		)	—			—			4			(22		)
Other comprehensive income/(loss), net of tax	2			(42		)	—			(1		)	(5		)	(46		)
Balance, end of period		($60	)		($199	)		($1	)		($8	)		($599	)		($867	)

¹ Related to the Company's adoption of ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

Reclassifications from AOCI to Net income, and the related tax effects, are presented in the following table:

(Dollars in millions)	Three Months Ended March 31						Impacted Line Item in the Consolidated Statements of Income
Details About AOCI Components	2018			2017
Securities AFS:
Realized gains on securities AFS		($1	)		$—		Net securities gains
Tax effect	—			—			Provision for income taxes
	(1		)	—
Derivative Instruments:
Realized losses/(gains) on cash flow hedges	1			(41		)	Interest and fees on loans held for investment
Tax effect	—			15			Provision for income taxes
	1			(26		)
Employee Benefit Plans:
Amortization of prior service credit	(2		)	(1		)	Employee benefits
Amortization of actuarial loss	6			6			Employee benefits
	4			5
Tax effect	(1		)	(1		)	Provision for income taxes
	3			4
Total reclassifications from AOCI to net income		$3			($22	)

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Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Accounting Policies Recently Adopted and Pending Accounting Pronouncements

Accounting Pronouncements

The following table summarizes ASUs issued by the FASB that were adopted during the current year or not yet adopted as of March 31, 2018, that could have a material effect on the Company's financial statements:

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018
ASU 2014-09, Revenue from Contracts with Customers (ASC Topic 606) and subsequent related ASUs	These ASUs comprise ASC Topic 606, Revenue from Contracts with Customers, which supersede the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the ASC. The core principle of these ASUs is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.	January 1, 2018	The Company adopted these ASUs on a modified retrospective basis beginning January 1, 2018. Upon adoption, the Company recognized an immaterial cumulative effect adjustment that resulted in a decrease to the beginning balance of retained earnings as of January 1, 2018. Furthermore, the Company prospectively changed the presentation of certain types of revenue and expenses, such as underwriting revenue within investment banking income which is shown on a gross basis, and certain cash promotions and card network expenses, which were reclassified from noninterest expense to service charges on deposit accounts, card fees, and other charges and fees. The net quantitative impact of these presentation changes decreased both revenue and expenses by $3 million for the three months ended March 31, 2018; however, these presentation changes did not have an impact on net income. Prior period balances have not been restated to reflect these presentation changes. See Note 2, “Revenue Recognition,” for disclosures relating to ASC Topic 606.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities; and ASU 2018-03, Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities	These ASUs amend ASC Topic 825, Financial Instruments-Overall, and address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The main provisions require most investments in equity securities to be measured at fair value through net income, unless they qualify for a measurement alternative, and require fair value changes arising from changes in instrument-specific credit risk for financial liabilities that are measured under the fair value option to be recognized in other comprehensive income. With the exception of disclosure requirements and the application of the measurement alternative for certain equity investments that was adopted prospectively, these ASUs must be adopted on a modified retrospective basis.	January 1, 2018 Early adoption was permitted for the provision related to changes in instrument-specific credit risk for financial liabilities under the FVO.	The Company early adopted the provision related to changes in instrument-specific credit risk beginning January 1, 2016, which resulted in an immaterial cumulative effect adjustment from retained earnings to AOCI. See Note 1, “Significant Accounting Policies,” to the Company's 2016 Annual Report on Form 10-K for additional information regarding the early adoption of this provision. Additionally, the Company adopted the remaining provisions of these ASUs beginning January 1, 2018, which resulted in an immaterial cumulative effect adjustment to the beginning balance of retained earnings. In connection with the adoption of these ASUs, an immaterial amount of equity securities previously classified as securities AFS were reclassified to other assets, as the AFS classification is no longer permitted for equity securities under these ASUs. Subsequent to adoption of these ASUs, an observable transaction occurred relating to an equity investment without a readily determinable fair value. As a result, the Company recognized a $23 million increase in Other assets on its Consolidated Balance Sheets and in Other noninterest income on its Consolidated Statements of Income. See Note 9, “Other Assets,” and Note 16, “Fair Value Election and Measurement,” for additional information. The remaining provisions and disclosure requirements of these ASUs did not have a material impact on the Company's Consolidated Financial Statements and related disclosures upon adoption.
ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments	The ASU amends ASC Topic 230, Statement of Cash Flows, to clarify the classification of certain cash receipts and payments within the Company's Consolidated Statements of Cash Flows. These items include: cash payments for debt prepayment or debt extinguishment costs; cash outflows for the settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned and bank-owned life insurance policies; distributions received from equity method investees; and beneficial interests acquired in securitization transactions. The ASU also clarifies that when no specific U.S. GAAP guidance exists and the source of the cash flows are not separately identifiable, the predominant source of cash flow should be used to determine the classification for the item. The ASU must be adopted on a retrospective basis.	January 1, 2018	The Company adopted this ASU on a retrospective basis effective January 1, 2018 and changed the presentation of certain cash payments and receipts within its Consolidated Statements of Cash Flows. Specifically, the Company changed the presentation of proceeds from the settlement of bank-owned life insurance policies from operating activities to investing activities. The Company also changed the presentation of cash payments related to premiums paid for bank-owned life insurance policies from operating activities to investing activities. Lastly, for contingent consideration payments made more than three months after a business combination, the Company changed the presentation for the portion of the cash payment up to the acquisition date fair value of the contingent consideration as a financing activity and any amount paid in excess of the acquisition date fair value as an operating activity. For both the three months ending March 31, 2018 and 2017, the amount of cash payments and receipts relating to these changes were immaterial to the Company’s Consolidated Statements of Cash Flows.
ASU 2017-09, Stock Compensation (Topic 718): Scope of Modification Accounting	This ASU amends ASC Topic 718, Stock Compensation, to provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting per ASC Topic 718, Stock Compensation. The amendments clarify that modification accounting only applies to an entity if the fair value, vesting conditions, or classification of the award changes as a result of changes in the terms or conditions of a share-based payment award. The ASU should be applied prospectively to awards modified on or after the adoption date.	January 1, 2018	The Company adopted this ASU on January 1, 2018 and upon adoption, the ASU did not have a material impact on the Company's Consolidated Financial Statements and related disclosures.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Adopted in 2018 (continued)
ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities	The ASU amends ASC Topic 815, Derivatives and Hedging, to simplify the requirements for hedge accounting. Key amendments include: eliminating the requirement to separately measure and report hedge ineffectiveness, requiring changes in the value of the hedging instrument to be presented in the same income statement line as the earnings effect of the hedged item, and the ability to measure the hedged item based on the benchmark interest rate component of the total contractual coupon for fair value hedges. These changes expand the types of risk management strategies eligible for hedge accounting. The ASU also permits entities to qualitatively assert that a hedging relationship was and continues to be highly effective. New incremental disclosures are also required for reporting periods subsequent to the date of adoption. All transition requirements and elections should be applied to hedging relationships existing on the date of adoption using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU beginning January 1, 2018 and modified its measurement methodology for certain hedged items designated under fair value hedge relationships. The Company elected to perform its subsequent assessments of hedge effectiveness using a qualitative, rather than a quantitative, approach. The adoption resulted in an immaterial cumulative effect adjustment to the opening balance of retained earnings and a basis adjustment to the related hedged items. For additional information on the Company’s derivative and hedging activities, see Note 15, “Derivative Financial Instruments.”
ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from AOCI	This ASU amends ASC Topic 220, Income Statement - Reporting Comprehensive Income, to allow for a reclassification from AOCI to Retained earnings for the tax effects stranded in AOCI as a result of the remeasurement of DTAs and DTLs for the change in the federal corporate tax rate pursuant to the 2017 Tax Act, which was recognized through the income tax provision in 2017. The Company may apply this ASU at the beginning of the period of adoption or retrospectively to all periods in which the 2017 Tax Act is enacted.	January 1, 2019 Early adoption is permitted.	The Company early adopted this ASU as of January 1, 2018. Upon adoption of this ASU, the Company elected to reclassify $182 million of stranded tax effects relating to securities AFS, derivative instruments, credit risk on long-term debt, and employee benefit plans from AOCI to retained earnings. This amount was offset by $28 million of stranded tax effects relating to equity securities previously classified as securities AFS, resulting in a net $154 million increase to retained earnings.
Standards Not Yet Adopted
ASU 2016-02, Leases	The ASU creates ASC Topic 842, Leases, which supersedes ASC Topic 840, Leases. ASC Topic 842 requires lessees to recognize right-of-use assets and associated liabilities that arise from leases, with the exception of short-term leases. The ASU does not make significant changes to lessor accounting; however, there were certain improvements made to align lessor accounting with the lessee accounting model and ASC Topic 606, Revenue from Contracts with Customers. There are several new qualitative and quantitative disclosures required. Upon transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach.	January 1, 2019 Early adoption is permitted.	The Company has formed a cross-functional team to oversee the implementation of this ASU. The Company's implementation efforts are ongoing, including the review of its lease portfolios and related lease accounting policies, the review of its service contracts for embedded leases, and the deployment of a new lease software solution. The Company's adoption of this ASU, which is expected to occur on January 1, 2019, will result in an increase in right-of-use assets and associated lease liabilities, arising from operating leases in which the Company is the lessee, on its Consolidated Balance Sheets. The amount of the right-of-use assets and associated lease liabilities recorded upon adoption will be based primarily on the present value of unpaid future minimum lease payments, the amount of which will depend on the population of leases in effect at the date of adoption. At March 31, 2018, the Company’s estimate of right-of-use assets and lease liabilities that would be recorded on its Consolidated Balance Sheets upon adoption is in excess of $1 billion. Additionally, the Company is currently evaluating the estimated impact that this ASU may have on its Consolidated Statements of Income.

Standard	Description	Required Date of Adoption	Effect on the Financial Statements or Other Significant Matters
Standards Not Yet Adopted (continued)
ASU 2016-13, Measurement of Credit Losses on Financial Instruments	The ASU adds ASC Topic 326, Financial Instruments-Credit Losses, to replace the incurred loss impairment methodology with a current expected credit loss methodology for financial instruments measured at amortized cost and other commitments to extend credit. For this purpose, expected credit losses reflect losses over the remaining contractual life of an asset, considering the effect of voluntary prepayments and considering available information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts. The resulting allowance for credit losses is deducted from the amortized cost basis of the financial assets to reflect the net amount expected to be collected on the financial assets. Additional quantitative and qualitative disclosures are required upon adoption. The change to the allowance for credit losses at the time of the adoption will be made with a cumulative effect adjustment to Retained earnings. The current expected credit loss model does not apply to AFS debt securities; however, the ASU requires entities to record an allowance when recognizing credit losses for AFS securities, rather than recording a direct write-down of the carrying amount.	January 1, 2020 Early adoption is permitted beginning January 1, 2019.	The Company has formed a cross-functional team to oversee the implementation of this ASU and has identified the changes necessary to its credit loss estimation methodologies in order to comply with the new accounting standard requirements. Substantial progress has been made to date on implementing these changes, including the development of models, updates to business processes and technology systems, and the documentation of accounting policy decisions. Additionally, the Company is evaluating the impact that this ASU will have on its Consolidated Financial Statements and related disclosures, and the Company currently anticipates that an increase to the allowance for credit losses will be recognized upon adoption to provide for the expected credit losses over the estimated life of the financial assets. However, since the magnitude of the anticipated increase in the allowance for credit losses will be impacted by economic conditions and trends in the Company’s portfolio at the time of adoption, the quantitative impact cannot yet be reasonably estimated.
ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment	The ASU amends ASC Topic 350, Intangibles - Goodwill and Other, to simplify the subsequent measurement of goodwill, by eliminating Step 2 from the goodwill impairment test. The amendments require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. Entities should recognize an impairment charge for the amount by which a reporting unit's carrying amount exceeds its fair value, but the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The ASU must be applied on a prospective basis.	January 1, 2020 Early adoption is permitted.	Based on the Company's most recent annual goodwill impairment test performed as of October 1, 2017, there were no reporting units for which the carrying amount of the reporting unit exceeded its fair value; therefore, this ASU would not currently have an impact on the Company's Consolidated Financial Statements and related disclosures. However, if upon the adoption date, which is expected to occur on January 1, 2020, the carrying amount of a reporting unit exceeds its fair value, the Company would be required to recognize an impairment charge for the amount that the carrying value exceeds the fair value.

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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following tables reflect the Company’s noninterest income disaggregated by financial statement line item, business segment, and by the amount of each revenue stream that is in scope or out of scope of ASC Topic 606. The commentary following the tables describes the nature, amount, and timing of the related revenue streams.

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$104		$42		$—		$146
Other charges and fees	28		3		56		87
Card fees	54		26		1		81
Investment banking income	—		84		47		131
Trading income	—		—		42		42
Trust and investment management income	75		—		—		75
Retail investment services	71		1		—		72
Mortgage servicing related income	—		—		54		54
Mortgage production related income	—		—		36		36
Commercial real estate related income	—		—		23		23
Net securities gains	—		—		1		1
Other noninterest income	6		—		42		48
Total noninterest income		$338		$156		$302		$796

¹ Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $105 million and $215 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting."Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Consumer 2		Wholesale 2		Out of Scope 2, 3		Total
Noninterest income
Service charges on deposit accounts		$103		$45		$—		$148
Other charges and fees	31		3		61		95
Card fees	54		27		1		82
Investment banking income	—		96		71		167
Trading income	—		—		51		51
Trust and investment management income	75		—		—		75
Retail investment services	67		1		—		68
Mortgage servicing related income	—		—		58		58
Mortgage production related income	—		—		53		53
Commercial real estate related income	—		—		20		20
Net securities gains	—		—		—		—
Other noninterest income	7		—		23		30
Total noninterest income		$337		$172		$338		$847

¹ Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

² Consumer and Wholesale totals exclude $127 million and $229 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting." Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

³ The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

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Federal Funds Sold and Securities Financing Activities (Tables)

3 Months Ended

Mar. 31, 2018

Securities Purchased under Agreements to Resell [Abstract]

Schedule of Resale Agreements [Table Text Block]

Fed Funds sold and securities borrowed or purchased under agreements to resell were as follows:

(Dollars in millions)	March 31, 2018		December 31, 2017
Fed funds sold		$20		$65
Securities borrowed	449		298
Securities purchased under agreements to resell	959		1,175
Total Fed funds sold and securities borrowed or purchased under agreements to resell		$1,428		$1,538

Securities sold under agreements to repurchase remaining contractual maturity [Table Text Block]

Securities sold under agreements to repurchase are accounted for as secured borrowings. The following table presents the Company’s related activity, by collateral type and remaining contractual maturity:

	March 31, 2018								December 31, 2017
(Dollars in millions)	Overnight and Continuous		Up to 30 days		30-90 days		Total		Overnight and Continuous		Up to 30 days		30-90 days		Total
U.S. Treasury securities		$46		$—		$—		$46		$95		$—		$—		$95
Federal agency securities	114		18		1		133		101		15		—		116
MBS - agency	857		81		—		938		694		135		—		829
CP	36		—		—		36		19		—		—		19
Corporate and other debt securities	336		149		39		524		316		88		40		444
Total securities sold under agreements to repurchase		$1,389		$248		$40		$1,677		$1,225		$238		$40		$1,503

Netting of Financial Instruments - Repurchase Agreements [Table Text Block]

The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs. While these agreements are typically over-collateralized, the amount of collateral presented in this table is limited to the amount of the related recognized asset or liability for each counterparty.

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,408		$—		$1,408	1		$1,394		$14
Financial liabilities:
Securities sold under agreements to repurchase	1,677		—		1,677			1,677		—
December 31, 2017
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,473		$—		$1,473	1		$1,462		$11
Financial liabilities:
Securities sold under agreements to repurchase	1,503		—		1,503			1,503		—

¹ Excludes $20 million and $65 million of Fed Funds sold, which are not subject to a master netting agreement at March 31, 2018 and December 31, 2017, respectively

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Trading Assets and Liabilities and Derivatives Trading Assets and Liabilities and Derivatives (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Trading Securities [Table Text Block]

The fair values of the components of trading assets and liabilities and derivative instruments are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Trading Assets and Derivative Instruments:
U.S. Treasury securities		$182		$157
Federal agency securities	238		395
U.S. states and political subdivisions	123		61
MBS - agency	699		700
Corporate and other debt securities	804		655
CP	169		118
Equity securities	51		56
Derivative instruments 1	657		802
Trading loans 2	2,189		2,149
Total trading assets and derivative instruments		$5,112		$5,093
Trading Liabilities and Derivative Instruments:
U.S. Treasury securities		$698		$577
MBS - agency	1		—
Corporate and other debt securities	453		289
Equity securities	5		9
Derivative instruments 1	580		408
Total trading liabilities and derivative instruments		$1,737		$1,283

¹ Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

² Includes loans related to TRS.

Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]

Pledged trading assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Pledged trading assets to secure repurchase agreements 1		$1,151		$1,016
Pledged trading assets to secure certain derivative agreements	97		72
Pledged trading assets to secure other arrangements	40		41

¹ Repurchase agreements secured by collateral totaled $1.1 billion and $975 million at March 31, 2018 and December 31, 2017, respectively.

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Securities Available for Sale (Tables)

3 Months Ended

Mar. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Securities Portfolio Composition

Securities Portfolio Composition

	March 31, 2018
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,437		$—		$97		$4,340
Federal agency securities	248		3		2		249
U.S. states and political subdivisions	644		5		13		636
MBS - agency residential	22,837		146		470		22,513
MBS - agency commercial	2,320		1		79		2,242
MBS - non-agency residential	53		4		—		57
MBS - non-agency commercial	897		—		23		874
ABS	6		1		—		7
Corporate and other debt securities	16		—		—		16
Total securities AFS		$31,458		$160		$684		$30,934
	December 31, 2017 1
(Dollars in millions)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities		$4,361		$2		$32		$4,331
Federal agency securities	257		3		1		259
U.S. states and political subdivisions	618		7		8		617
MBS - agency residential	22,616		222		134		22,704
MBS - agency commercial	2,121		3		38		2,086
MBS - non-agency residential	55		4		—		59
MBS - non-agency commercial	862		7		3		866
ABS	6		2		—		8
Corporate and other debt securities	17		—		—		17
Total securities AFS		$30,913		$250		$216		$30,947

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

Investment Income [Table Text Block]

The following table presents interest on securities AFS:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
Taxable interest		$201		$180
Tax-exempt interest	5		2
Total interest on securities AFS 1		$206		$182

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other on the Consolidated Statements of Income. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

Amortized Cost and Fair Value of Investments in Debt Securities by Estimated Average Life

The following table presents the amortized cost, fair value, and weighted average yield of investments in securities AFS at March 31, 2018, by remaining contractual maturity, with the exception of MBS and ABS, which are based on estimated average life. Receipt of cash flows may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalties.

	Distribution of Remaining Maturities
(Dollars in millions)	Due in 1 Year or Less			Due After 1 Year through 5 Years			Due After 5 Years through 10 Years			Due After 10 Years			Total
Amortized Cost:
U.S. Treasury securities		$—			$2,731			$1,706			$—			$4,437
Federal agency securities	116			40			4			88			248
U.S. states and political subdivisions	6			59			63			516			644
MBS - agency residential	1,462			4,771			16,222			382			22,837
MBS - agency commercial	1			414			1,643			262			2,320
MBS - non-agency residential	—			49			—			4			53
MBS - non-agency commercial	—			13			884			—			897
ABS	—			—			5			1			6
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,592			$8,086			$20,527			$1,253			$31,458
Fair Value:
U.S. Treasury securities		$—			$2,673			$1,667			$—			$4,340
Federal agency securities	118			41			4			86			249
U.S. states and political subdivisions	6			61			65			504			636
MBS - agency residential	1,517			4,747			15,877			372			22,513
MBS - agency commercial	1			400			1,589			252			2,242
MBS - non-agency residential	—			53			—			4			57
MBS - non-agency commercial	—			12			862			—			874
ABS	—			—			6			1			7
Corporate and other debt securities	7			9			—			—			16
Total securities AFS		$1,649			$7,996			$20,070			$1,219			$30,934
Weighted average yield 1	3.31		%	2.18		%	2.86		%	3.04		%	2.72		%

¹ Weighted average yields are based on amortized cost and presented on an FTE basis.

Securities in a Continuous Unrealized Loss Position

Securities AFS in an unrealized loss position at period end are presented in the following tables:

	March 31, 2018
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1		Fair Value		Unrealized Losses 1
Temporarily impaired securities AFS:
U.S. Treasury securities		$3,508		$69		$832		$28		$4,340		$97
Federal agency securities	22		—		53		2		75		2
U.S. states and political subdivisions	384		8		110		5		494		13
MBS - agency residential	13,742		284		4,460		186		18,202		470
MBS - agency commercial	1,260		33		894		46		2,154		79
MBS - non-agency commercial	748		18		90		5		838		23
ABS	—		—		4		—		4		—
Corporate and other debt securities	9		—		—		—		9		—
Total temporarily impaired securities AFS	19,673		412		6,443		272		26,116		684
OTTI securities AFS 2:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$19,673		$412		$6,444		$272		$26,117		$684

¹ Unrealized losses less than $0.5 million are presented as zero within the table.

²OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

	December 31, 2017 1
	Less than twelve months				Twelve months or longer				Total
(Dollars in millions)	Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2		Fair Value		Unrealized  Losses 2
Temporarily impaired securities AFS:
U.S. Treasury securities		$1,993		$12		$841		$20		$2,834		$32
Federal agency securities	23		—		60		1		83		1
U.S. states and political subdivisions	267		3		114		5		381		8
MBS - agency residential	8,095		38		4,708		96		12,803		134
MBS - agency commercial	887		9		915		29		1,802		38
MBS - non-agency commercial	134		1		93		2		227		3
ABS	—		—		4		—		4		—
Corporate and other debt securities	10		—		—		—		10		—
Total temporarily impaired securities AFS	11,409		63		6,735		153		18,144		216
OTTI securities AFS 3:
ABS	—		—		1		—		1		—
Total OTTI securities AFS	—		—		1		—		1		—
Total impaired securities AFS		$11,409		$63		$6,736		$153		$18,145		$216

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² Unrealized losses less than $0.5 million are presented as zero within the table.

³OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

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Loans (Tables)

3 Months Ended

Mar. 31, 2018

Accounts, Notes, Loans and Financing Receivable [Line Items]

Composition of Loan Portfolio

(Dollars in millions)	March 31, 2018		December 31, 2017
Commercial loans:
C&I 1		$66,321		$66,356
CRE	5,352		5,317
Commercial construction	3,651		3,804
Total commercial loans	75,324		75,477
Consumer loans:
Residential mortgages - guaranteed	611		560
Residential mortgages - nonguaranteed 2	27,165		27,136
Residential home equity products	10,241		10,626
Residential construction	256		298
Guaranteed student	6,693		6,633
Other direct	8,941		8,729
Indirect	11,869		12,140
Credit cards	1,518		1,582
Total consumer loans	67,294		67,704
LHFI		$142,618		$143,181
LHFS 3		$2,377		$2,290

¹ Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

² Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

³ Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

LHFI by Credit Quality Indicator

LHFI by credit quality indicator are presented in the following tables:

	Commercial Loans
	C&I				CRE				Commercial Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Risk rating:
Pass		$64,453		$64,546		$5,152		$5,126		$3,597		$3,770
Criticized accruing	1,652		1,595		154		167		54		33
Criticized nonaccruing	216		215		46		24		—		1
Total		$66,321		$66,356		$5,352		$5,317		$3,651		$3,804

	Consumer Loans 1
	Residential Mortgages - Nonguaranteed				Residential Home Equity Products				Residential Construction
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$23,732		$23,602		$8,621		$8,946		$204		$240
620 - 699	2,655		2,721		1,174		1,242		45		50
Below 620 2	778		813		446		438		7		8
Total		$27,165		$27,136		$10,241		$10,626		$256		$298

	Other Direct				Indirect				Credit Cards
(Dollars in millions)	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Current FICO score range:
700 and above		$8,145		$7,929		$8,867		$9,094		$1,034		$1,088
620 - 699	755		757		2,270		2,344		385		395
Below 620 2	41		43		732		702		99		99
Total		$8,941		$8,729		$11,869		$12,140		$1,518		$1,582

¹ Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

² For substantially all loans with refreshed FICO scores below 620, the borrower’s FICO score at the time of origination exceeded 620 but has since deteriorated as the loan has seasoned.

Payment Status for the LHFI Portfolio

The LHFI portfolio by payment status is presented in the following tables:

	March 31, 2018
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,064		$32		$9		$216		$66,321
CRE	5,304		2		—		46		5,352
Commercial construction	3,651		—		—		—		3,651
Total commercial loans	75,019		34		9		262		75,324
Consumer loans:
Residential mortgages - guaranteed	179		53		379		—		611
Residential mortgages - nonguaranteed 1	26,838		66		8		253		27,165
Residential home equity products	10,006		66		—		169		10,241
Residential construction	240		—		—		16		256
Guaranteed student	5,148		612		933		—		6,693
Other direct	8,893		35		5		8		8,941
Indirect	11,780		84		1		4		11,869
Credit cards	1,491		14		13		—		1,518
Total consumer loans	64,575		930		1,339		450		67,294
Total LHFI		$139,594		$964		$1,348		$712		$142,618

¹ Includes $188 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans. 

	December 31, 2017
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
C&I		$66,092		$42		$7		$215		$66,356
CRE	5,293		—		—		24		5,317
Commercial construction	3,803		—		—		1		3,804
Total commercial loans	75,188		42		7		240		75,477
Consumer loans:
Residential mortgages - guaranteed	159		55		346		—		560
Residential mortgages - nonguaranteed 1	26,778		148		4		206		27,136
Residential home equity products	10,348		75		—		203		10,626
Residential construction	280		7		—		11		298
Guaranteed student	4,946		659		1,028		—		6,633
Other direct	8,679		36		7		7		8,729
Indirect	12,022		111		—		7		12,140
Credit cards	1,556		13		13		—		1,582
Total consumer loans	64,768		1,104		1,398		434		67,704
Total LHFI		$139,956		$1,146		$1,405		$674		$143,181

¹ Includes $196 million of loans measured at fair value, the majority of which were accruing current.

² Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

LHFI Considered Impaired

	March 31, 2018						December 31, 2017
(Dollars in millions)	Unpaid Principal Balance		Carrying 1 Value		Related ALLL		Unpaid Principal Balance		Carrying 1 Value		Related ALLL
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$28		$20		$—		$38		$35		$—
CRE	21		21		—		—		—		—
Total commercial loans with no ALLL recorded	49		41		—		38		35		—
Consumer loans:
Residential mortgages - nonguaranteed	453		355		—		458		363		—
Residential construction	12		6		—		15		9		—
Total consumer loans with no ALLL recorded	465		361		—		473		372		—
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	157		149		22		127		117		19
CRE	25		21		—		21		21		2
Total commercial loans with an ALLL recorded	182		170		22		148		138		21
Consumer loans:
Residential mortgages - nonguaranteed	1,112		1,087		107		1,133		1,103		113
Residential home equity products	927		871		52		953		895		54
Residential construction	91		89		7		93		90		7
Other direct	57		58		1		59		59		1
Indirect	129		128		6		123		122		7
Credit cards	27		7		1		26		7		1
Total consumer loans with an ALLL recorded	2,343		2,240		174		2,387		2,276		183
Total impaired LHFI		$3,039		$2,812		$196		$3,046		$2,821		$204

¹ Carrying value reflects charge-offs that have been recognized plus other amounts that have been applied to adjust the net book balance.

Included in the impaired LHFI carrying values above at both March 31, 2018 and December 31, 2017 were $2.4 billion of accruing TDRs, of which 98% and 96% were current, respectively. See Note 1, “Significant Accounting Policies,” to the Company's 2017 Annual Report on Form 10-K for further information regarding the Company’s loan impairment policy.

	Three Months Ended March 31
	2018				2017
(Dollars in millions)	Average Carrying Value		Interest 1 Income Recognized		Average Carrying Value		Interest 1 Income Recognized
Impaired LHFI with no ALLL recorded:
Commercial loans:
C&I		$20		$—		$240		$1
CRE	21		—		—		—
Total commercial loans with no ALLL recorded	41		—		240		1
Consumer loans:
Residential mortgages - nonguaranteed	353		4		360		4
Residential construction	6		—		8		—
Total consumer loans with no ALLL recorded	359		4		368		4
Impaired LHFI with an ALLL recorded:
Commercial loans:
C&I	149		1		165		1
CRE	25		—		17		—
Total commercial loans with an ALLL recorded	174		1		182		1
Consumer loans:
Residential mortgages - nonguaranteed	1,093		12		1,216		15
Residential home equity products	873		9		833		8
Residential construction	90		1		105		1
Other direct	57		1		58		1
Indirect	131		2		108		1
Credit cards	7		—		6		—
Total consumer loans with an ALLL recorded	2,251		25		2,326		26
Total impaired LHFI		$2,825		$30		$3,116		$32

¹ Of the interest income recognized during each of the three months ended March 31, 2018 and 2017, cash basis interest income was less than $1 million.

Nonperforming Assets

NPAs are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Nonaccrual loans/NPLs:
Commercial loans:
C&I		$216		$215
CRE	46		24
Commercial construction	—		1
Consumer loans:
Residential mortgages - nonguaranteed	253		206
Residential home equity products	169		203
Residential construction	16		11
Other direct	8		7
Indirect	4		7
Total nonaccrual loans/NPLs 1	712		674
OREO 2	59		57
Other repossessed assets	7		10
Total NPAs		$778		$741

¹Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

² Does not include foreclosed real estate related to loans insured by the FHA or guaranteed by the VA. Proceeds due from the FHA and the VAare recorded as a receivable in Other assets in the Consolidated Balance Sheets until the property is conveyed and the funds are received. The receivable related to proceeds due from theFHA and the VA totaled $43 million and $45 million at March 31, 2018 and December 31, 2017, respectively.

TDR Modifications

	Three Months Ended March 31, 2018 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	46		$—		$56		$56
Consumer loans:
Residential mortgages - nonguaranteed	61	9		8		17
Residential home equity products	136	—		13		13
Other direct	114	—		1		1
Indirect	778	—		20		20
Credit cards	308	1		1		2
Total TDR additions	1,443		$10		$99		$109

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

	Three Months Ended March 31, 2017 1
(Dollars in millions)	Number of Loans Modified	Rate Modification		Term Extension and/or Other Concessions		Total
Commercial loans:
C&I	30		$—		$41		$41
Consumer loans:
Residential mortgages - nonguaranteed	34	4		2		6
Residential home equity products	655	1		66		67
Other direct	110	—		1		1
Indirect	547	—		14		14
Credit cards	235	1		—		1
Total TDR additions	1,611		$6		$124		$130

¹ Includes loans modified under the terms of a TDR that were charged-off during the period.

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Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2018

Allowance for Credit Losses [Abstract]

Activity in the Allowance for Credit Losses

The allowance for credit losses consists of the ALLL and the unfunded commitments reserve. Activity in the allowance for credit losses is summarized in the following table:

	Three Months Ended March 31
(Dollars in millions)	2018			2017
Balance, beginning of period		$1,814			$1,776
Provision for loan losses	38			117
Provision for unfunded commitments	(10		)	2
Loan charge-offs	(106		)	(146		)
Loan recoveries	27			34
Balance, end of period		$1,763			$1,783
Components:
ALLL		$1,694			$1,714
Unfunded commitments reserve 1	69			69
Allowance for credit losses		$1,763			$1,783

¹ The unfunded commitments reserve is recorded in Other liabilities in the Consolidated Balance Sheets.

Activity in the ALLL by Segment

Activity in the ALLL by loan segment is presented in the following tables:

	Three Months Ended March 31, 2018
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,101			$634			$1,735
Provision for loan losses	(16		)	54			38
Loan charge-offs	(23		)	(83		)	(106		)
Loan recoveries	6			21			27
Balance, end of period		$1,068			$626			$1,694
	Three Months Ended March 31, 2017
(Dollars in millions)	Commercial Loans			Consumer Loans			Total
Balance, beginning of period		$1,124			$585			$1,709
Provision for loan losses	46			71			117
Loan charge-offs	(63		)	(83		)	(146		)
Loan recoveries	13			21			34
Balance, end of period		$1,120			$594			$1,714

Loans Held for Investment portfolio and Related Allowance for Loan and Lease Losses

The Company’s LHFI portfolio and related ALLL is presented in the following tables:

	March 31, 2018
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$211		$22		$2,601		$174		$2,812		$196
Collectively evaluated	75,113		1,046		64,505		452		139,618		1,498
Total evaluated	75,324		1,068		67,106		626		142,430		1,694
LHFI measured at fair value	—		—		188		—		188		—
Total LHFI		$75,324		$1,068		$67,294		$626		$142,618		$1,694

	December 31, 2017
	Commercial Loans				Consumer Loans				Total
(Dollars in millions)	Carrying Value		Related ALLL		Carrying Value		Related ALLL		Carrying Value		Related ALLL
LHFI evaluated for impairment:
Individually evaluated		$173		$21		$2,648		$183		$2,821		$204
Collectively evaluated	75,304		1,080		64,860		451		140,164		1,531
Total evaluated	75,477		1,101		67,508		634		142,985		1,735
LHFI measured at fair value	—		—		196		—		196		—
Total LHFI		$75,477		$1,101		$67,704		$634		$143,181		$1,735

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Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]

Changes in the carrying amounts of other intangible assets for the three months ended March 31 are presented in the following table:

(Dollars in millions)	Residential MSRs - Fair Value			Commercial Mortgage Servicing Rights and Other			Total
Balance, January 1, 2018		$1,710			$81			$1,791
Amortization 1	—			(5		)	(5		)
Servicing rights originated	76			4			80
Servicing rights purchased	74			—			74
Changes in fair value:
Due to changes in inputs and assumptions 2	111			—			111
Other changes in fair value 3	(55		)	—			(55		)
Balance, March 31, 2018		$1,916			$80			$1,996
Balance, January 1, 2017		$1,572			$85			$1,657
Amortization 1	—			(5		)	(5		)
Servicing rights originated	96			5			101
Changes in fair value:
Due to changes in inputs and assumptions 2	27			—			27
Other changes in fair value 3	(50		)	—			(50		)
Other 4	—			(1		)	(1		)
Balance, March 31, 2017		$1,645			$84			$1,729

¹ Does not include expense associated with non-qualified community development investments. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

² Primarily reflects changes in option adjusted spreads and prepayment speed assumptions, due to changes in interest rates.

³ Represents changes due to the collection of expected cash flows, net of accretion due to the passage of time.

⁴ Represents measurement period adjustment on other intangible assets acquired previously in the Pillar acquisition.

Schedule of intangible assets [Table Text Block]

The gross carrying value and accumulated amortization of other intangible assets are presented in the following table:

	March 31, 2018							December 31, 2017
(Dollars in millions)	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Amortized other intangible assets 1:
Commercial mortgage servicing rights		$83		($19	)		$64		$79		($14	)		$65
Other (definite-lived)	17		(13		)	4		32		(28		)	4
Unamortized other intangible assets:
Residential MSRs (carried at fair value)	1,916		—			1,916		1,710		—			1,710
Other (indefinite-lived)	12		—			12		12		—			12
Total other intangible assets		$2,028		($32	)		$1,996		$1,833		($42	)		$1,791

¹ Excludes fully amortized other intangible assets.

Key Characteristics, Inputs, and Economic Assumptions Used to Estimate the Fair Value of the Company's MSRs

A summary of the key inputs used to estimate the fair value of the Company’s residential MSRs at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of residential MSRs		$1,916			$1,710
Prepayment rate assumption (annual)	13		%	13		%
Decline in fair value from 10% adverse change		$89			$85
Decline in fair value from 20% adverse change	169			160
Option adjusted spread (annual)	4		%	4		%
Decline in fair value from 10% adverse change		$53			$47
Decline in fair value from 20% adverse change	101			90
Weighted-average life (in years)	5.6			5.4
Weighted-average coupon	4.0		%	3.9		%

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

A summary of the key inputs used to estimate the fair value of the Company’s commercial mortgage servicing rights at March 31, 2018 and December 31, 2017, and the sensitivity of the fair values to immediate 10% and 20% adverse changes in those inputs, are presented in the following table.

(Dollars in millions)	March 31, 2018			December 31, 2017
Fair value of commercial mortgage servicing rights		$76			$75
Discount rate (annual)	12		%	12		%
Decline in fair value from 10% adverse change		$3			$3
Decline in fair value from 20% adverse change	6			6
Prepayment rate assumption (annual)	6		%	7		%
Decline in fair value from 10% adverse change		$1			$1
Decline in fair value from 20% adverse change	2			2
Weighted-average life (in years)	7.2			7.0
Float earnings rate (annual)	1.1		%	1.1		%

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Other Assets Other Assets (Tables)

3 Months Ended

Mar. 31, 2018

Other Assets Disclosure [Abstract]

Schedule of Other Assets [Table Text Block]

The components of other assets are presented in the following table:

(Dollars in millions)	March 31, 2018		December 31, 2017
Equity securities with readily determinable fair values:
Mutual fund investments 1		$135		$49
Other equity 1	8		7
Equity securities without readily determinable fair values:
FHLB of Atlanta stock 1	15		15
Federal Reserve Bank of Atlanta stock 1	403		403
Other equity	52		26
Lease assets	1,567		1,528
Bank-owned life insurance	1,402		1,411
Community development investments 2	1,383		1,331
Accrued income	936		880
Accounts receivable	768		2,201
Pension assets, net	476		464
Prepaid expenses	279		319
OREO	59		57
Other	796		727
Total other assets		$8,279		$9,418

¹ Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

² See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

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Certain Transfers of Financial Assets and Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2018

Certain Transfers of Financial Assets and Variable Interest Entities [Abstract]

Quantitative Information about Transferred Financial Assets that have been Derecognized and Other Financial Assets Managed Together [Table Text Block]

The Company's total managed loans, including the LHFI portfolio and other transferred loans (securitized and unsecuritized), are presented in the following table by portfolio balance and delinquency status (accruing loans 90 days or more past due and all nonaccrual loans) at March 31, 2018 and December 31, 2017, as well as the related net charge-offs for the three months ended March 31, 2018 and 2017.

	Portfolio Balance				Past Due and Nonaccrual				Net Charge-offs
	March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017		Three Months Ended March 31
(Dollars in millions)									2018			2017
LHFI portfolio:
Commercial		$75,324		$75,477		$271		$247		$17			$50
Consumer	67,294		67,704		1,789		1,832		62			62
Total LHFI portfolio	142,618		143,181		2,060		2,079		79			112
Managed securitized loans:
Commercial 1	5,798		5,760		—		—		—			—
Consumer	133,489		134,160		308		171		2		2	3		2
Total managed securitized loans	139,287		139,920		308		171		2			3
Managed unsecuritized loans 3	2,089		2,200		340		340		—			—
Total managed loans		$283,994		$285,301		$2,708		$2,590		$81			$115

¹ Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

² Amounts associated with $541 million and $602 million of managed securitized loans at March 31, 2018 and December 31, 2017, respectively. Net charge-off data is not reported to the Company for the remaining balance of $132.9 billion and $133.6 billion of managed securitized loans at March 31, 2018 and December 31, 2017, respectively.

³ Comprised of unsecuritized loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.

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Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Reconciliation of Net Income/(Loss) to Net Income/(Loss) Available to Common Shareholders

Reconciliations of net income to net income available to common shareholders and the difference between average basic common shares outstanding and average diluted common shares outstanding are presented in the following table.

	Three Months Ended March 31
(Dollars and shares in millions, except per share data)	2018			2017
Net income		$643			$468
Less:
Preferred stock dividends	(31		)	(17		)
Net income available to common shareholders		$612			$451
Average common shares outstanding - basic	468.7			490.1
Add dilutive securities:
RSUs	2.8			3.2
Common stock warrants and restricted stock	1.4			1.8
Stock options	0.7			0.9
Average common shares outstanding - diluted	473.6			496.0
Net income per average common share - diluted		$1.29			$0.91
Net income per average common share - basic	1.31			0.92

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Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2018

Employee Benefit Plans [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

Stock-based compensation expense recognized in Employee compensation in the Consolidated Statements of Income consisted of the following:

	Three Months Ended March 31
(Dollars in millions)	2018		2017
RSUs		$39		$34
Phantom stock units 1	17		24
Total stock-based compensation expense		$56		$58
Stock-based compensation tax benefit 2		$13		$22

¹ Phantom stock units are settled in cash. The Company paid $75 million and $76 million during the three months ended March 31, 2018 and 2017, respectively, related to these share-based liabilities.

² Does not include excess tax benefits or deficiencies recognized in the Provision for income taxes in the Consolidated Statements of Income.

Schedule of Net Benefit Costs [Table Text Block]

Components of net periodic benefit related to the Company's pension and other postretirement benefits plans are presented in the following table and are recognized in Employee benefits in the Consolidated Statements of Income:

	Three Months Ended March 31
	Pension Benefits 1						Other Postretirement Benefits
(Dollars in millions)	2018			2017			2018			2017
Service cost		$1			$1			$—			$—
Interest cost	23			24			—			—
Expected return on plan assets	(47		)	(48		)	(1		)	(1		)
Amortization of prior service credit	—			—			(2		)	(1		)
Amortization of actuarial loss	6			6			—			—
Net periodic benefit		($17	)		($17	)		($3	)		($2	)

¹ Administrative fees are recognized in service cost for each of the periods presented.

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Guarantees (Tables)

3 Months Ended

Mar. 31, 2018

Guarantees [Abstract]

Repurchased Mortgage Loan [Table Text Block]

The following table summarizes the carrying value of the Company's outstanding repurchased residential mortgage loans:

(Dollars in millions)	March 31, 2018		December 31, 2017
Outstanding repurchased residential mortgage loans:
Performing LHFI		$197		$203
Nonperforming LHFI	18		16
Total carrying value of outstanding repurchased residential mortgages		$215		$219

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Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following tables present the Company’s derivative positions at March 31, 2018 and December 31, 2017. The notional amounts in the tables are presented on a gross basis and have been classified within derivative assets or derivative liabilities based on the estimated fair value of the individual contract at March 31, 2018 and December 31, 2017. Gross positive and gross negative fair value amounts associated with respective notional amounts are presented without consideration of any netting agreements, including collateral arrangements. Net fair value derivative amounts are adjusted on an aggregate basis, where applicable, to take into consideration the effects of legally enforceable master netting agreements, including any cash collateral received or paid, and are recognized in Trading assets and derivative instruments or Trading liabilities and derivative instruments on the Consolidated Balance Sheets. For contracts constituting a combination of options that contain a written option and a purchased option (such as a collar), the notional amount of each option is presented separately, with the purchased notional amount generally being presented as a derivative asset and the written notional amount being presented as a derivative liability. For other contracts that contain a combination of options, the fair value is generally presented as a single value with the purchased notional amount if the combined fair value is positive, and with the written notional amount if the combined fair value is negative.

	March 31, 2018
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional  Amounts 1		Fair Value			Notional  Amounts 1		Fair Value
Derivative instruments designated in cash flow hedging relationships 2
Interest rate contracts hedging floating rate LHFI		$9,250		$2			$2,850		$—
Derivative instruments designated in fair value hedging relationships 3
Interest rate contracts hedging fixed rate debt	4,250		1			2,605		—
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	4,280		1			2,635		—
Derivative instruments not designated as hedging instruments 4
Interest rate contracts hedging:
Residential MSRs 5	15,504		30			19,420		11
LHFS, IRLCs 6	3,413		13			3,111		10
LHFI	—		—			175		—
Trading activity 7	74,322		708			52,545		870
Foreign exchange rate contracts hedging loans and trading activity	4,054		133			3,676		121
Credit contracts hedging:
LHFI	—		—			585		9
Trading activity 8	1,661		22			1,673		19
Equity contracts hedging trading activity 7	15,050		2,070			21,964		2,372
Other contracts:
IRLCs and other 9	1,624		18			382		18
Commodity derivatives	755		77			748		75
Subtotal	116,383		3,071			104,279		3,505
Total derivative instruments		$129,913		$3,074			$109,764		$3,505
Total gross derivative instruments, before netting				$3,074					$3,505
Less: Legally enforceable master netting agreements			(2,009		)			(2,009		)
Less: Cash collateral received/paid			(408		)			(916		)
Total derivative instruments, after netting				$657					$580

¹ For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

² See “Cash Flow Hedges” in this Note for further discussion.

³ See “Fair Value Hedges” in this Note for further discussion.

⁴ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁵ Amount includes $2.0 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amount includes $330 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁷ Amounts include $9.7 billion of notional amounts related to interest rate futures and $1.3 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁸ Asset and liability amounts include $5 million and $17 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁹ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

	December 31, 2017
	Asset Derivatives					Liability Derivatives
(Dollars in millions)	Notional Amounts		Fair Value			Notional Amounts		Fair Value
Derivative instruments designated in cash flow hedging relationships 1
Interest rate contracts hedging floating rate LHFI		$5,850		$2			$8,350		$252
Derivative instruments designated in fair value hedging relationships 2
Interest rate contracts hedging fixed rate debt	1,250		1			4,670		58
Interest rate contracts hedging brokered time deposits	30		—			30		—
Subtotal	1,280		1			4,700		58
Derivative instruments not designated as hedging instruments 3
Interest rate contracts hedging:
Residential MSRs 4	31,895		119			10,126		119
LHFS, IRLCs 5	4,550		9			3,040		6
LHFI	90		2			85		2
Trading activity 6	78,223		1,066			48,143		946
Foreign exchange rate contracts hedging loans and trading activity	3,409		110			3,649		102
Credit contracts hedging:
LHFI	—		—			515		11
Trading activity 7	1,721		15			1,733		12
Equity contracts hedging trading activity 6	13,837		2,499			25,070		2,857
Other contracts:
IRLCs and other 8	1,671		18			346		16
Commodity derivatives	712		63			710		61
Subtotal	136,108		3,901			93,417		4,132
Total derivative instruments		$143,238		$3,904			$106,467		$4,442
Total gross derivative instruments, before netting				$3,904					$4,442
Less: Legally enforceable master netting agreements			(2,731		)			(2,731		)
Less: Cash collateral received/paid			(371		)			(1,303		)
Total derivative instruments, after netting				$802					$408

¹ See “Cash Flow Hedges” in this Note for further discussion.

² See “Fair Value Hedges” in this Note for further discussion.

³ See “Economic Hedging and Trading Activities” in this Note for further discussion.

⁴ Amount includes $16.6 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁵ Amount includes $190 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

⁶ Amounts include $9.8 billion of notional amounts related to interest rate futures and $1.2 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

⁷ Asset and liability amounts include $4 million and $11 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

⁸ Includes $49 million notional amount that is based on the 3.2 million of VisaClass B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

Netting of Financial Instruments - Derivatives [Table Text Block]

The following tables present total gross derivative instrument assets and liabilities at March 31, 2018 and December 31, 2017, which are adjusted to reflect the effects of legally enforceable master netting agreements and cash collateral received or paid when calculating the net amount reported in the Consolidated Balance Sheets. Also included in the tables are financial instrument collateral related to legally enforceable master netting agreements that represents securities collateral received or pledged and customer cash collateral held at third party custodians. These amounts are not offset on the Consolidated Balance Sheets but are shown as a reduction to total derivative instrument assets and liabilities to derive net derivative assets and liabilities. These amounts are limited to the derivative asset/liability balance, and accordingly, do not include excess collateral received/pledged.

(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets			Held/Pledged Financial Instruments		Net Amount
March 31, 2018
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$2,805		$2,279		$526			$18		$508
Derivatives not subject to master netting arrangement or similar arrangement	17		—		17			—		17
Exchange traded derivatives	252		138		114			—		114
Total derivative instrument assets		$3,074		$2,417		$657	1		$18		$639
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$3,253		$2,787		$466			$34		$432
Derivatives not subject to master netting arrangement or similar arrangement	114		—		114			—		114
Exchange traded derivatives	138		138		—			—		—
Total derivative instrument liabilities		$3,505		$2,925		$580	2		$34		$546
December 31, 2017
Derivative instrument assets:
Derivatives subject to master netting arrangement or similar arrangement		$3,491		$2,923		$568			$28		$540
Derivatives not subject to master netting arrangement or similar arrangement	18		—		18			—		18
Exchange traded derivatives	395		179		216			—		216
Total derivative instrument assets		$3,904		$3,102		$802	1		$28		$774
Derivative instrument liabilities:
Derivatives subject to master netting arrangement or similar arrangement		$4,128		$3,855		$273			$27		$246
Derivatives not subject to master netting arrangement or similar arrangement	130		—		130			—		130
Exchange traded derivatives	184		179		5			—		5
Total derivative instrument liabilities		$4,442		$4,034		$408	2		$27		$381

¹ At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

² At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

Derivative Instruments, Gain (Loss) [Table Text Block]

Pursuant to the adoption of ASU 2017-12, the following table presents gains and losses on derivatives in fair value and cash flow hedging relationships by contract type and by income statement line item for the three months ended March 31, 2018. For the three months ended March 31, 2017 the table presented below remains unchanged. The tables do not disclose the financial impact of the activities that these derivative instruments are intended to hedge.

	Net Interest Income
(Dollars in millions)	Interest and fees on LHFI				Interest on Long-term Debt				Interest on Deposits			Total
Three Months Ended March 31, 2018
Interest income/(expense), including the effects of fair value and cash flow hedges		$1,398				($74	)			($131	)		$1,193
Gain/(loss) on fair value hedging relationships:
Interest rate contracts:
Amounts related to interest settlements on derivatives		$—				$3				$—			$3
Recognized on derivatives	—				(72		)		—			(72		)
Recognized on hedged items	—				69			1	—			69
Net income/(expense) recognized on fair value hedges		$—				$—				$—			$—
Loss on cash flow hedging relationships:
Interest rate contracts:
Amount of pre-tax loss reclassified from AOCI into income		($5	)	2		$—				$—			($5	)
Net expense recognized on cash flow hedges		($5	)			$—				$—			($5	)

¹ Includes $2 million of amortization expense from de-designated fair value hedging relationships.

² During the three months ended March 31, 2018, the Company also reclassified $4 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Loss on Derivatives Recognized in Income			Amount of Gain on Related Hedged Items Recognized in Income		Amount of Gain Recognized in Income on Hedges (Ineffective Portion)
Derivative instruments in fair value hedging relationships:
Interest rate contracts hedging fixed rate debt 1		($11	)		$13		$2
Interest rate contracts hedging brokered time deposits 1	—			—		—
Total		($11	)		$13		$2

¹ Amounts are recognized in Trading income in the Consolidated Statements of Income.

	Three Months Ended March 31, 2017
(Dollars in millions)	Amount of Pre-tax Loss Recognized in OCI on Derivatives (Effective Portion)			Amount of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)		Classification of Pre-tax Gain Reclassified from AOCI into Income (Effective Portion)
Derivative instruments in cash flow hedging relationships:
Interest rate contracts hedging floating rate LHFI 1		($25	)		$23	Interest and fees on loans held for investment

¹ During the three months endedMarch 31, 2017, the Company also reclassified $18 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

Hedged Items in Fair Value Hedging Relationships [Table Text Block]

Pursuant to the adoption of ASU 2017-12, the following table presents the carrying amount of hedged liabilities on the Consolidated Balance Sheets in fair value hedging relationships and the associated cumulative basis adjustment related to the application of hedge accounting:

			Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Liabilities
(Dollars in millions)	Carrying Amount of Hedged Liabilities		Hedged Items Currently Designated			Hedged Items No Longer Designated
March 31, 2018
Long-term debt		$5,658		($148	)		($41	)
Interest-bearing deposits:
Brokered time deposits	29		—			—

Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Table Text Block]

The impacts of derivative instruments used for economic hedging or trading purposes on the Consolidated Statements of Income are presented in the following table:

	Classification of (Loss)/Gain Recognized in Income on Derivatives	Amount of (Loss)/Gain Recognized in Income on Derivatives During the Three Months Ended
(Dollars in millions)		March 31, 2018			March 31, 2017
Derivative instruments not designated as hedging instruments:
Interest rate contracts hedging:
Residential MSRs	Mortgage servicing related income		($93	)		($18	)
LHFS, IRLCs	Mortgage production related income	46			(15		)
LHFI	Other noninterest income	2			—
Trading activity	Trading income	9			11
Foreign exchange rate contracts hedging loans and trading activity	Trading income	(2		)	(6		)
Credit contracts hedging:
LHFI	Other noninterest income	1			(1		)
Trading activity	Trading income	6			5
Equity contracts hedging trading activity	Trading income	1			—
Other contracts:
IRLCs and other	Mortgage production related income, Commercial real estate related income	(6		)	48
Commodity derivatives	Trading income	—			1
Total			($36	)		$25

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Fair Value Election and Measurement (Tables)

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Recurring Fair Value Measurements

The following tables present certain information regarding assets and liabilities measured at fair value on a recurring basis and the changes in fair value for those specific financial instruments for which fair value has been elected.

	March 31, 2018
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$182		$—		$—		$—			$182
Federal agency securities	—		238		—		—			238
U.S. states and political subdivisions	—		123		—		—			123
MBS - agency	—		699		—		—			699
Corporate and other debt securities	—		804		—		—			804
CP	—		169		—		—			169
Equity securities	51		—		—		—			51
Derivative instruments	252		2,805		17		(2,417		)	657
Trading loans	—		2,189		—		—			2,189
Total trading assets and derivative instruments	485		7,027		17		(2,417		)	5,112
Securities AFS:
U.S. Treasury securities	4,340		—		—		—			4,340
Federal agency securities	—		249		—		—			249
U.S. states and political subdivisions	—		636		—		—			636
MBS - agency residential	—		22,513		—		—			22,513
MBS - agency commercial	—		2,242		—		—			2,242
MBS - non-agency residential	—		57		—		—			57
MBS - non-agency commercial	—		874		—		—			874
ABS	—		7		—		—			7
Corporate and other debt securities	—		16		—		—			16
Total securities AFS 2	4,340		26,594		—		—			30,934
LHFS	—		1,428		—		—			1,428
LHFI	—		—		188		—			188
Residential MSRs	—		—		1,916		—			1,916
Other 2	143		—		—		—			143
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	698		—		—		—			698
MBS - agency	—		1		—		—			1
Corporate and other debt securities	—		453		—		—			453
Equity securities	5		—		—		—			5
Derivative instruments	138		3,351		16		(2,925		)	580
Total trading liabilities and derivative instruments	841		3,805		16		(2,925		)	1,737
Brokered time deposits	—		302		—		—			302
Long-term debt	—		209		—		—			209

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

	December 31, 2017
	Fair Value Measurements
(Dollars in millions)	Level 1		Level 2		Level 3		Netting  Adjustments 1			Assets/Liabilities at Fair Value
Assets
Trading assets and derivative instruments:
U.S. Treasury securities		$157		$—		$—		$—			$157
Federal agency securities	—		395		—		—			395
U.S. states and political subdivisions	—		61		—		—			61
MBS - agency	—		700		—		—			700
Corporate and other debt securities	—		655		—		—			655
CP	—		118		—		—			118
Equity securities	56		—		—		—			56
Derivative instruments	395		3,493		16		(3,102		)	802
Trading loans	—		2,149		—		—			2,149
Total trading assets and derivative instruments	608		7,571		16		(3,102		)	5,093
Securities AFS:
U.S. Treasury securities	4,331		—		—		—			4,331
Federal agency securities	—		259		—		—			259
U.S. states and political subdivisions	—		617		—		—			617
MBS - agency residential	—		22,704		—		—			22,704
MBS - agency commercial	—		2,086		—		—			2,086
MBS - non-agency residential	—		—		59		—			59
MBS - non-agency commercial	—		866		—		—			866
ABS	—		—		8		—			8
Corporate and other debt securities	—		12		5		—			17
Total securities AFS 2	4,331		26,544		72		—			30,947
LHFS	—		1,577		—		—			1,577
LHFI	—		—		196		—			196
Residential MSRs	—		—		1,710		—			1,710
Other 2	56		—		—		—			56
Liabilities
Trading liabilities and derivative instruments:
U.S. Treasury securities	577		—		—		—			577
Corporate and other debt securities	—		289		—		—			289
Equity securities	9		—		—		—			9
Derivative instruments	183		4,243		16		(4,034		)	408
Total trading liabilities and derivative instruments	769		4,532		16		(4,034		)	1,283
Brokered time deposits	—		236		—		—			236
Long-term debt	—		530		—		—			530

¹ Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

² Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

Fair Value Option Elected, Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance

(Dollars in millions)	Fair Value at March 31, 2018		Aggregate UPB at March 31, 2018		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,189		$2,142		$47
LHFS:
Accruing	1,428		1,397		31
LHFI:
Accruing	183		190		(7		)
Nonaccrual	5		7		(2		)
Liabilities:
Brokered time deposits	302		304		(2		)
Long-term debt	209		203		6
(Dollars in millions)	Fair Value at December 31, 2017		Aggregate UPB at December 31, 2017		Fair Value Over/(Under) Unpaid Principal
Assets:
Trading loans		$2,149		$2,111		$38
LHFS:
Accruing	1,576		1,533		43
Past due 90 days or more	1		1		—
LHFI:
Accruing	192		198		(6		)
Nonaccrual	4		6		(2		)
Liabilities:
Brokered time deposits	236		233		3
Long-term debt	530		517		13

Change in Fair Value of Financial Instruments for which the FVO has been Elected

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2018 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1			Mortgage Servicing Related Income		Other Noninterest Income			Total Changes in Fair Values Included in  Earnings 2
Assets:
Trading loans		$2		$—			$—		$—			$2
LHFS	—		(13		)	—		—			(13		)
LHFI	—		—			—		(2		)	(2		)
Residential MSRs	—		3			56		—			59
Liabilities:
Brokered time deposits	7		—			—		—			7
Long-term debt	3		—			—		—			3

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2018, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2018 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, LHFI, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

	Fair Value Gain/(Loss) for the Three Months Ended March 31, 2017 for Items Measured at Fair Value Pursuant to Election of the FVO
(Dollars in millions)	Trading Income		Mortgage Production Related Income 1		Mortgage Servicing Related Income			Other Noninterest Income		Total Changes in Fair Values Included in Earnings 2
Assets:
Trading loans		$2		$—		$—			$—		$2
LHFS	—		12		—			—		12
Residential MSRs	—		1		(24		)	—		(23		)
Liabilities:
Brokered time deposits	1		—		—			—		1
Long-term debt	6		—		—			—		6

¹ Income related to LHFS does not include income from IRLCs. For the three months endedMarch 31, 2017, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

² Changes in fair value for the three months endedMarch 31, 2017 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

Fair Value Level 3 Significant Unobservable Input Assumptions [Table Text Block]

The valuation technique and range, including weighted average, of the unobservable inputs associated with the Company's level 3 assets and liabilities are as follows:

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value March 31, 2018		Valuation Technique	Unobservable Input	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 1		$1	Internal model	Pull through rate	36-100% (79%)
				MSR value	41-190 bps (120 bps)
LHFI	183		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (181 bps)
				Conditional prepayment rate	7-24 CPR (13 CPR)
				Conditional default rate	0-2 CDR (0.7 CDR)
	5		Collateral based pricing	Appraised value	NM 2
Residential MSRs	1,916		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-33 CPR (13 CPR)
				Option adjusted spread	0-116% (4%)

¹ Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

² Not meaningful.

	Level 3 Significant Unobservable Input Assumptions
(Dollars in millions)	Fair value December 31, 2017		Valuation Technique	Unobservable Input 1	Range (weighted average)
Assets
Trading assets and derivative instruments:
Derivative instruments, net 2		$—	Internal model	Pull through rate	41-100% (81%)
				MSR value	41-190 bps (113 bps)
Securities AFS:
MBS - non-agency residential	59		Third party pricing	N/A
ABS	8		Third party pricing	N/A
Corporate and other debt securities	5		Cost	N/A
LHFI	192		Monte Carlo/Discounted cash flow	Option adjusted spread	62-784 bps (215 bps)
				Conditional prepayment rate	2-34 CPR (11 CPR)
				Conditional default rate	0-5 CDR (0.7 CDR)
	4		Collateral based pricing	Appraised value	NM 3
Residential MSRs	1,710		Monte Carlo/Discounted cash flow	Conditional prepayment rate	6-30 CPR (13 CPR)
				Option adjusted spread	1-125% (4%)

¹ For certain assets and liabilities where the Company utilizes third party pricing, the unobservable inputs and their ranges are not reasonably available, and therefore, have been noted as not applicable ("N/A").

² Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

³ Not meaningful.

Reconciliation of the Beginning and Ending Balances for Fair Valued Assets and Liabilities Measured on a Recurring Basis Using Significant Unobservable Inputs

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2018		Included in Earnings				OCI		Purchases		Sales		Settlements			Transfers to/from Other Balance Sheet Line Items		Transfers into Level 3		Transfers out of Level 3			Fair Value March 31, 2018		Included in Earnings (held at March 31, 2018 1)
Assets
Trading assets:
Derivative instruments, net		$—		($6	)	2		$—		$—		$—		$1			$6		$—		$—			$1		$16		2
Securities AFS:
MBS - non-agency residential	59		—				—		—		—		(2		)	—		—		(57		)	—		—
ABS	8		—				—		—		—		(1		)	—		—		(7		)	—		—
Corporate and other debt securities	5		—				—		—		—		—			—		—		(5		)	—		—
Total securities AFS	72		—				—		—		—		(3		)	—		—		(69		)	—		—
LHFI	196		(2		)	3	—		—		—		(7		)	—		1		—			188		(3		)	3

¹ Change in unrealized gains/(losses) included in earnings during the period related to financial assets still held at March 31, 2018.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income, amount related to commercial IRLCs is recognized in Commercial real estate related income, and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts are generally included in Mortgage production related income; however, the mark on certain fair value loans is included in Other noninterest income.

	Fair Value Measurements Using Significant Unobservable Inputs
(Dollars in millions)	Beginning Balance January 1, 2017		Included in Earnings			OCI				Purchases		Sales			Settlements			Transfers to/from Other Balance Sheet Line Items			Transfers into Level 3		Transfers out of Level 3		Fair Value March 31, 2017		Included in Earnings (held at March 31, 2017 1)
Assets
Trading assets:
Derivative instruments, net		$6		$48	2		$—				$—		$—			($1	)		($36	)		$—		$—		$17		$30	2
Securities AFS:
U.S. states and political subdivisions	4		—			—				—		—			—			—			—		—		4		—
MBS - non-agency residential	74		—			(1		)	3	—		—			(2		)	—			—		—		71		—
ABS	10		—			—			—	—		—			(1		)	—			—		—		9		—
Corporate and other debt securities	5		—			—				—		—			—			—			—		—		5		—
Total securities AFS	93		—			(1		)	3	—		—			(3		)	—			—		—		89		—
Residential LHFS	12		—			—				—		(14		)	—			(2		)	10		—		6		—
LHFI	222		—			—				—		—			(6		)	1			4		—		221		—

¹ Change in unrealized gains included in earnings during the period related to financial assets still held at March 31, 2017.

² Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income and amount related to Visa derivative liability is recognized in Other noninterest expense.

³ Amounts recognized in OCI are included in change in net unrealized losses on securities AFS, net of tax.

Change in Carrying Value of Assets Measured at Fair Value on a Non-Recurring Basis

			Fair Value Measurements						(Losses)/Gains for the Three Months Ended March 31, 2018
(Dollars in millions)	March 31, 2018		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	48		—		—		48		—
OREO	23		—		—		23		(2		)
Other assets	41		—		31		10		15
			Fair Value Measurements						Losses for the Year Ended December 31, 2017
(Dollars in millions)	December 31, 2017		Level 1		Level 2		Level 3
LHFS		$13		$—		$13		$—		$—
LHFI	49		—		—		49		—
OREO	24		—		1		23		(4		)
Other assets	53		—		4		49		(43		)

Carrying Amounts and Fair Values of the Company's Financial Instruments

			March 31, 2018				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$7,304		$7,304		$7,304		$—		$—
Trading assets and derivative instruments	Fair value		5,112		5,112		485		4,610		17
Securities AFS	Fair value		30,934		30,934		4,340		26,594		—
LHFS	Fair value	1	2,377		2,389		—		2,348		41
LHFI, net	Amortized cost	2	140,924		141,174		—		—		141,174
Other	Amortized cost	3	561		561		143		—		418
Financial liabilities:
Time deposits	Amortized cost		13,715		13,478		—		13,478		—
Short-term borrowings	Amortized cost		3,572		3,572		—		3,572		—
Long-term debt	Amortized cost	2	10,692		10,743		—		9,631		1,112
Trading liabilities and derivative instruments	Fair value		1,737		1,737		841		880		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with readily determinable fair values, which are measured at fair value on a recurring basis.

			December 31, 2017				Fair Value Measurements
(Dollars in millions)	Measurement Category		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	Amortized cost			$6,912		$6,912		$6,912		$—		$—
Trading assets and derivative instruments	Fair value		5,093		5,093		608		4,469		16
Securities AFS	Fair value		30,947		30,947		4,331		26,544		72
LHFS	Fair value	1	2,290		2,293		—		2,239		54
LHFI, net	Amortized cost	2	141,446		141,575		—		—		141,575
Other	Amortized cost	3	474		474		56		—		418
Financial liabilities:
Time deposits	Amortized cost		12,076		11,906		—		11,906		—
Short-term borrowings	Amortized cost		4,781		4,781		—		4,781		—
Long-term debt	Amortized cost	2	9,785		9,892		—		8,834		1,058
Trading liabilities and derivative instruments	Fair value		1,283		1,283		769		498		16

¹ Certain LHFS are recorded at the lower of cost or fair value.

² The Company elected to measure certain LHFI and fixed rate debt issuances at fair value on a recurring basis.

³ Other financial assets recorded at amortized cost consist primarily of FHLB of Atlanta stock and Federal Reserve Bank of Atlanta stock. Other financial assets also include mutual fund investments and other equity securities with determinable fair values, which are measured at fair value on a recurring basis.

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Business Segment Reporting Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Business Segment Reporting [Table Text Block]

	Three Months Ended March 31, 2018
(Dollars in millions)	Consumer		Wholesale			Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$74,093		$68,741			$90			($4	)		$142,920
Average consumer and commercial deposits	103,099		56,050			204			(184		)	159,169
Average total assets	83,716		82,472			35,489			2,455			204,132
Average total liabilities	103,925		61,902			13,877			(177		)	179,527
Average total equity	—		—			—			24,605			24,605
Statements of Income:
Net interest income		$961		$563			($28	)		($55	)		$1,441
FTE adjustment	—		20			1			(1		)	20
Net interest income-FTE 1	961		583			(27		)	(56		)	1,461
Provision/(benefit) for credit losses 2	60		(32		)	—			—			28
Net interest income after provision/(benefit) for credit losses-FTE	901		615			(27		)	(56		)	1,433
Total noninterest income	443		371			14			(32		)	796
Total noninterest expense	966		477			(21		)	(5		)	1,417
Income before provision for income taxes-FTE	378		509			8			(83		)	812
Provision for income taxes-FTE 3	83		119			9			(44		)	167
Net income including income attributable to noncontrolling interest	295		390			(1		)	(39		)	645
Less: Net income attributable to noncontrolling interest	—		—			2			—			2
Net income		$295		$390			($3	)		($39	)		$643

¹ Presented on a matched maturity funds transfer price basis for the segments.

² Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

³ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

	Three Months Ended March 31, 2017 1, 2
(Dollars in millions)	Consumer		Wholesale		Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average LHFI		$71,147		$71,237		$1,286			$—			$143,670
Average consumer and commercial deposits	101,941		56,866		117			(50		)	158,874
Average total assets	81,265		84,632		35,241			3,114			204,252
Average total liabilities	102,896		62,512		15,196			(23		)	180,581
Average total equity	—		—		—			23,671			23,671
Statements of Income:
Net interest income		$894		$527		$26			($81	)		$1,366
FTE adjustment	—		34		1			(1		)	34
Net interest income-FTE 3	894		561		27			(82		)	1,400
Provision for credit losses 4	88		32		—			(1		)	119
Net interest income after provision for credit losses-FTE	806		529		27			(81		)	1,281
Total noninterest income	464		401		24			(42		)	847
Total noninterest expense	992		479		(2		)	(4		)	1,465
Income before provision for income taxes-FTE	278		451		53			(119		)	663
Provision for income taxes-FTE 5	100		168		(6		)	(69		)	193
Net income including income attributable to noncontrolling interest	178		283		59			(50		)	470
Less: Net income attributable to noncontrolling interest	—		—		2			—			2
Net income		$178		$283		$57			($50	)		$468

¹ Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

² During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

³ Presented on a matched maturity funds transfer price basis for the segments.

⁴ Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

⁵ Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

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Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Changes in the components of AOCI, net of tax, are presented in the following table:

(Dollars in millions)	Securities AFS			Derivative Instruments			Brokered Time Deposits			Long-Term Debt			Employee Benefit Plans			Total
Three Months Ended March 31, 2018
Balance, beginning of period		($1	)		($244	)		($1	)		($4	)		($570	)		($820	)
Cumulative effect adjustment related to ASU adoption 1	30			(56		)	—			(1		)	(127		)	(154		)
Net unrealized (losses)/gains arising during the period	(424		)	(125		)	1			2			(5		)	(551		)
Amounts reclassified to net income	(1		)	1			—			—			3			3
Other comprehensive (loss)/income, net of tax	(425		)	(124		)	1			2			(2		)	(548		)
Balance, end of period		($396	)		($424	)		$—			($3	)		($699	)		($1,522	)
Three Months Ended March 31, 2017
Balance, beginning of period		($62	)		($157	)		($1	)		($7	)		($594	)		($821	)
Net unrealized gains/(losses) arising during the period	2			(16		)	—			(1		)	(9		)	(24		)
Amounts reclassified to net income	—			(26		)	—			—			4			(22		)
Other comprehensive income/(loss), net of tax	2			(42		)	—			(1		)	(5		)	(46		)
Balance, end of period		($60	)		($199	)		($1	)		($8	)		($599	)		($867	)

¹ Related to the Company's adoption of ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

Schedule of Reclassifications from AOCI [Table Text Block]

Reclassifications from AOCI to Net income, and the related tax effects, are presented in the following table:

(Dollars in millions)	Three Months Ended March 31						Impacted Line Item in the Consolidated Statements of Income
Details About AOCI Components	2018			2017
Securities AFS:
Realized gains on securities AFS		($1	)		$—		Net securities gains
Tax effect	—			—			Provision for income taxes
	(1		)	—
Derivative Instruments:
Realized losses/(gains) on cash flow hedges	1			(41		)	Interest and fees on loans held for investment
Tax effect	—			15			Provision for income taxes
	1			(26		)
Employee Benefit Plans:
Amortization of prior service credit	(2		)	(1		)	Employee benefits
Amortization of actuarial loss	6			6			Employee benefits
	4			5
Tax effect	(1		)	(1		)	Provision for income taxes
	3			4
Total reclassifications from AOCI to net income		$3			($22	)

XML

Significant Accounting Policies Significant Accounting Policies Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018 USD ($)
Minimum [Member]
Significant Accounting Policies [Line Items]
Operating Leases, Future Minimum Payments Due, Future Minimum Sublease Rentals	$ 1,000
Stranded Tax Effects in AOCI, Gross Portion [Member]
Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	182
Stranded Tax Effects in AOCI, Offset Portion [Member]
Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	28
Stranded Tax Effects in AOCI [Member]
Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	154
ASU 2014-09 Revenue from Contracts with Customers - Impact on Noninterest Income [Domain]
Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	(3)
ASU 2014-09 Revenue from Contracts with Customers - Impact on Noninterest Expense [Domain]
Significant Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ (3)

XML

Revenue Recognition (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018		Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	$ 146	[1]	$ 148	[2]
Fees and Commissions, Other	87	[1]	95	[2]
Fees and Commissions, Credit and Debit Cards	81	[1]	82	[2]
Investment Banking Revenue	131	[1]	167	[2]
Trading Gain (Loss)	42	[1]	51	[2]
Fees and Commissions, Fiduciary and Trust Activities	75	[1]	75	[2]
Investment Advisory, Management and Administrative Fees	72	[1]	68	[2]
Bank Servicing Fees	54	[1]	58	[2]
Fees and Commissions, Mortgage Banking	36	[1]	53	[2]
commercial real estate related income	23	[1]	20	[2]
Gain (Loss) on Sale of Securities, Net	1	[1]	0	[2]
Noninterest Income, Other Operating Income	48	[1]	30	[2]
Noninterest Income	796	[1]	847	[2],[3],[4]
Contract with Customer, Performance Obligation Satisfied in Previous Period	13
Excluded from Scope of ASC 606 - Consumer [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	105		127
Excluded from Scope of ASC 606 - Wholesale [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	215		229
Excluded from Scope of ASC 606 - Corporate Other [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	18		18
In Scope of ASC 606 - Consumer [Member]
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	104	[1],[5]	103	[2],[6]
Fees and Commissions, Other	28	[1],[5]	31	[2],[6]
Fees and Commissions, Credit and Debit Cards	54	[1],[5]	54	[2],[6]
Investment Banking Revenue	0	[1],[5]	0	[2],[6]
Trading Gain (Loss)	0	[1],[5]	0	[2],[6]
Fees and Commissions, Fiduciary and Trust Activities	75	[1],[5]	75	[2],[6]
Investment Advisory, Management and Administrative Fees	71	[1],[5]	67	[2],[6]
Bank Servicing Fees	0	[1],[5]	0	[2],[6]
Fees and Commissions, Mortgage Banking	0	[1],[5]	0	[2],[6]
commercial real estate related income	0	[1],[5]	0	[2],[6]
Gain (Loss) on Sale of Securities, Net	0	[1],[5]	0	[2],[6]
Noninterest Income, Other Operating Income	6	[1],[5]	7	[2],[6]
Noninterest Income	338	[1],[5]	337	[2],[6]
In Scope of ASC 606 - Wholesale [Member]
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	42	[1],[5]	45	[2],[6]
Fees and Commissions, Other	3	[1],[5]	3	[2],[6]
Fees and Commissions, Credit and Debit Cards	26	[1],[5]	27	[2],[6]
Investment Banking Revenue	84	[1],[5]	96	[2],[6]
Trading Gain (Loss)	0	[1],[5]	0	[2],[6]
Fees and Commissions, Fiduciary and Trust Activities	0	[1],[5]	0	[2],[6]
Investment Advisory, Management and Administrative Fees	1	[1],[5]	1	[2],[6]
Bank Servicing Fees	0	[1],[5]	0	[2],[6]
Fees and Commissions, Mortgage Banking	0	[1],[5]	0	[2],[6]
commercial real estate related income	0	[1],[5]	0	[2],[6]
Gain (Loss) on Sale of Securities, Net	0	[1],[5]	0	[2],[6]
Noninterest Income, Other Operating Income	0	[1],[5]	0	[2],[6]
Noninterest Income	156	[1],[5]	172	[2],[6]
Excluded from Scope of ASC 606 [Member]
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	0	[1],[5],[7]	0	[2],[6],[8]
Fees and Commissions, Other	56	[1],[5],[7]	61	[2],[6],[8]
Fees and Commissions, Credit and Debit Cards	1	[1],[5],[7]	1	[2],[6],[8]
Investment Banking Revenue	47	[1],[5],[7]	71	[2],[6],[8]
Trading Gain (Loss)	42	[1],[5],[7]	51	[2],[6],[8]
Fees and Commissions, Fiduciary and Trust Activities	0	[1],[5],[7]	0	[2],[6],[8]
Investment Advisory, Management and Administrative Fees	0	[1],[5],[7]	0	[2],[6],[8]
Bank Servicing Fees	54	[1],[5],[7]	58	[2],[6],[8]
Fees and Commissions, Mortgage Banking	36	[1],[5],[7]	53	[2],[6],[8]
commercial real estate related income	23	[1],[5],[7]	20	[2],[6],[8]
Gain (Loss) on Sale of Securities, Net	1	[1],[5],[7]	0	[2],[6],[8]
Noninterest Income, Other Operating Income	42	[1],[5],[7]	23	[2],[6],[8]
Noninterest Income	$ 302	[1],[5],[7]	$ 338	[2],[6],[8]

[1] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[2] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

[3] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[4] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[5] Consumer and Wholesale totals exclude $105 million and $215 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting." Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

[6] Consumer and Wholesale totals exclude $127 million and $229 million of out of scope noninterest income, respectively, that is included in the business segment results presented on a management accounting basis in Note 18, "Business Segment Reporting." Total out of scope noninterest income includes these amounts as well as ($18) million of Corporate Other noninterest income that is out of scope of ASC Topic 606.

[7] The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

[8] The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.

XML

Federal Funds Sold and Securities Financing Activities - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Securities Purchased under Agreements to Resell [Abstract]
Federal Funds Sold	$ 20	$ 65
Fair Value of Securities Received as Collateral that Can be Resold or Repledged	1,400	1,500
Fair Value of Securities Received as Collateral that Have Been Resold or Repledged	$ 150	$ 177

XML

Schedule of Resale Agreements (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Securities Purchased under Agreements to Resell [Abstract]
Federal Funds Sold	$ 20	$ 65
Securities Borrowed	449	298
Securities Purchased under Agreements to Resell	959	1,175
Federal Funds Sold and Securities Purchased under Agreements to Resell	$ 1,428	$ 1,538

XML

Federal Funds Sold and Securities Financing Activities Securities Sold Under Agreements to Repurchase (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	$ 1,677	$ 1,503
US Treasury Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	46	95
US Government Agencies Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	133	116
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	938	829
Commercial Paper [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	36	19
Corporate Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	524	444
Maturity Overnight [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	1,389	1,225
Maturity Overnight [Member] | US Treasury Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	46	95
Maturity Overnight [Member] | US Government Agencies Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	114	101
Maturity Overnight [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	857	694
Maturity Overnight [Member] | Commercial Paper [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	36	19
Maturity Overnight [Member] | Corporate Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	336	316
Maturity up to 30 days [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	248	238
Maturity up to 30 days [Member] | US Treasury Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	0	0
Maturity up to 30 days [Member] | US Government Agencies Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	18	15
Maturity up to 30 days [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	81	135
Maturity up to 30 days [Member] | Commercial Paper [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	0	0
Maturity up to 30 days [Member] | Corporate Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	149	88
Maturity 30 to 90 Days [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	40	40
Maturity 30 to 90 Days [Member] | US Treasury Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	0	0
Maturity 30 to 90 Days [Member] | US Government Agencies Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	1	0
Maturity 30 to 90 Days [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	0	0
Maturity 30 to 90 Days [Member] | Commercial Paper [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	0	0
Maturity 30 to 90 Days [Member] | Corporate Debt Securities [Member]
securities sold under agreement to repurchase maturity [Line Items]
Securities Sold under Agreements to Repurchase	$ 39	$ 40

XML

Federal Funds Sold and Securities Financing Activities Netting of Financial Instruments - Repurchase Agreements (Details) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Assets Sold under Agreements to Repurchase [Line Items]
Carrying Value of Securities Purchased under Agreements to Resell and Deposits Paid for Securities Borrowed		$ 1,408	$ 1,473
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure	[1]	1,408	1,473
Securities Purchased under Agreements to Resell, Fair Value of Collateral		1,394	1,462
Securities Purchased under Agreements to Resell, Not Subject to Master Netting Arrangement		14	11
Securities Borrowed or Purchased Under Agreements to Resell, Amount Not Offset Against Collateral		0	0
Securities Sold under Agreements to Repurchase, Gross		1,677	1,503
Securities Sold under Agreements to Repurchase		1,677	1,503
Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities		1,677	1,503
Securities Sold under Agreements to Repurchase, Not Subject to Master Netting Arrangement		0	0
Securities Sold Under Agreements to Repurchase, Amount Not Offset Against Collateral		$ 0	$ 0

[1] Excludes $20 million and $65 million of Fed Funds sold, which are not subject to a master netting agreement at March 31, 2018 and December 31, 2017, respectively.

XML

Trading Securities (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities	[1]	$ 5,112	$ 5,093
Trading liabilities		1,737	1,283
US Treasury Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		182	157
Trading liabilities		698	577
US Government Agencies Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		238	395
US States and Political Subdivisions Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		123	61
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		699	700
Trading liabilities		1	0
Corporate Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		804	655
Trading liabilities		453	289
Commercial Paper [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		169	118
Equity Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities		51	56
Trading liabilities		5	9
Derivative Financial Instruments, Assets [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities	[2]	657	802
Loans [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading Securities	[3]	2,189	2,149
Derivative Financial Instruments, Liabilities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Trading liabilities	[2]	$ 580	$ 408

[1] Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral of $1,248 million and $1,086 million at March 31, 2018 and December 31, 2017, respectively.

[2] Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

[3] Includes loans related to TRS.

XML

Schedule of Financial Instruments Owned and Pledged as Collateral (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Financial Instruments Owned and Pledged as Collateral [Line Items]
Amount of Repurchase Agreements Secured by Trading Assets		$ 1,111	$ 975
Repurchase Agreements [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Trading Securities Pledged as Collateral	[1]	1,151	1,016
Derivative [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Trading Securities Pledged as Collateral		97	72
Equity Trading [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Trading Securities Pledged as Collateral		$ 40	$ 41

[1] Repurchase agreements secured by collateral totaled $1.1 billion and $975 million at March 31, 2018 and December 31, 2017, respectively.

XML

Securities Available for Sale (Detail) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
		Mar. 31, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		$ 31,458	$ 30,913	[1]
Unrealized Gains		160	250	[1]
Unrealized Losses		684	216	[1]
Available-for-sale Securities	[2],[3]	30,934	30,947	[1]
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		4,437	4,361
Unrealized Gains		0	2
Unrealized Losses		97	32
Available-for-sale Securities		4,340	4,331
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		248	257
Unrealized Gains		3	3
Unrealized Losses		2	1
Available-for-sale Securities		249	259
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		644	618
Unrealized Gains		5	7
Unrealized Losses		13	8
Available-for-sale Securities		636	617
Asset-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		6	6
Unrealized Gains		1	2
Unrealized Losses		0	0
Available-for-sale Securities		7	8
Other Debt Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		16	17
Unrealized Gains		0	0
Unrealized Losses		0	0
Available-for-sale Securities		16	17
Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		2,320	2,121
Unrealized Gains		1	3
Unrealized Losses		79	38
Available-for-sale Securities		2,242	2,086
Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		897	862
Unrealized Gains		0	7
Unrealized Losses		23	3
Available-for-sale Securities		874	866
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		22,837	22,616
Unrealized Gains		146	222
Unrealized Losses		470	134
Available-for-sale Securities		22,513	22,704
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		53	55
Unrealized Gains		4	4
Unrealized Losses		0	0
Available-for-sale Securities		$ 57	$ 59

[1] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[2] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[3] Text selection found with no content.

XML

Securities Available for Sale (Addition Information) (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities	[1],[2]	$ 30,934		$ 30,947	[3]
Federal Home Loan Bank (FHLB) of Atlanta stock (par value)	[4]	15		15
Federal Reserve Bank Stock	[4]	403		403
Mutual Fund Investments	[4]	135		49
Fair Value, Inputs, Level 3 [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities		0		72
Fair Value, Measurements, Recurring [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities		30,934	[5]	30,947	[6]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities		$ 0	[5]	$ 72	[6]

[1] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[2] Text selection found with no content.

[3] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

[5] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[6] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

Interest and dividends on SAFS (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Interest Income, Securities, Taxable		$ 201	$ 180
Interest Income, Securities, Tax Exempt		5	2
Interest and Dividend Income, Securities, Available-for-sale	[1],[2]	$ 206	$ 182

[1] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other on the Consolidated Statements of Income. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

[2] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets and began presenting income associated with certain of these equity securities in Trading account interest and other. For periods prior to January 1, 2018, income associated with these equity securities was presented in Interest on securities available for sale and has been reclassified to Trading account interest and other for comparability.

XML

Securities Available for Sale - Additional Information (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities Pledged as Collateral		$ 3,800	$ 4,300
Available-for-sale Securities	[1],[2]	$ 30,934	$ 30,947	[3]

[1] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[2] Text selection found with no content.

[3] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

Amortized Cost and Fair Value of Investments in Debt Securities by Estimated Average Life (Detail) $ in Millions	Mar. 31, 2018 USD ($)
Distribution of Maturities: Amortized Cost, 1 Year or Less	$ 1,592
Distribution of Maturities: Amortized Cost, 1-5 Years	8,086
Distribution of Maturities: Amortized Cost, 5-10 Years	20,527
Distribution of Maturities: Amortized Cost, After 10 Years	1,253
Distribution of Maturities: Amortized Cost, Total	31,458
Distribution of Maturities: Fair Value, 1 Year or Less	1,649
Distribution of Maturities: Fair Value, 1-5 Years	7,996
Distribution of Maturities: Fair Value, 5-10 Years	20,070
Distribution of Maturities: Fair Value, After 10 Years	1,219
Distribution of Maturities: Fair Value, Total	$ 30,934
Available For Sale Securities Debt Maturities, Yield, One Year Or Less	3.31%	[1]
Available For Sale Securities Debt Maturities, Yield, After One Through Five Years	2.18%	[1]
Available For Sale Securities Debt Maturities, Yield, After Five Through Ten Years	2.86%	[1]
Available For Sale Securities Debt Maturities, Yield, After Ten Years	3.04%	[1]
Available For Sale Securities Debt Maturities, Yield	2.72%	[1]
US Treasury Securities [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	$ 0
Distribution of Maturities: Amortized Cost, 1-5 Years	2,731
Distribution of Maturities: Amortized Cost, 5-10 Years	1,706
Distribution of Maturities: Amortized Cost, After 10 Years	0
Distribution of Maturities: Amortized Cost, Total	4,437
Distribution of Maturities: Fair Value, 1 Year or Less	0
Distribution of Maturities: Fair Value, 1-5 Years	2,673
Distribution of Maturities: Fair Value, 5-10 Years	1,667
Distribution of Maturities: Fair Value, After 10 Years	0
Distribution of Maturities: Fair Value, Total	4,340
US Government Agencies Debt Securities [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	116
Distribution of Maturities: Amortized Cost, 1-5 Years	40
Distribution of Maturities: Amortized Cost, 5-10 Years	4
Distribution of Maturities: Amortized Cost, After 10 Years	88
Distribution of Maturities: Amortized Cost, Total	248
Distribution of Maturities: Fair Value, 1 Year or Less	118
Distribution of Maturities: Fair Value, 1-5 Years	41
Distribution of Maturities: Fair Value, 5-10 Years	4
Distribution of Maturities: Fair Value, After 10 Years	86
Distribution of Maturities: Fair Value, Total	249
US States and Political Subdivisions Debt Securities [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	6
Distribution of Maturities: Amortized Cost, 1-5 Years	59
Distribution of Maturities: Amortized Cost, 5-10 Years	63
Distribution of Maturities: Amortized Cost, After 10 Years	516
Distribution of Maturities: Amortized Cost, Total	644
Distribution of Maturities: Fair Value, 1 Year or Less	6
Distribution of Maturities: Fair Value, 1-5 Years	61
Distribution of Maturities: Fair Value, 5-10 Years	65
Distribution of Maturities: Fair Value, After 10 Years	504
Distribution of Maturities: Fair Value, Total	636
Asset-backed Securities [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	0
Distribution of Maturities: Amortized Cost, 1-5 Years	0
Distribution of Maturities: Amortized Cost, 5-10 Years	5
Distribution of Maturities: Amortized Cost, After 10 Years	1
Distribution of Maturities: Amortized Cost, Total	6
Distribution of Maturities: Fair Value, 1 Year or Less	0
Distribution of Maturities: Fair Value, 1-5 Years	0
Distribution of Maturities: Fair Value, 5-10 Years	6
Distribution of Maturities: Fair Value, After 10 Years	1
Distribution of Maturities: Fair Value, Total	7
Other Debt Obligations [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	7
Distribution of Maturities: Amortized Cost, 1-5 Years	9
Distribution of Maturities: Amortized Cost, 5-10 Years	0
Distribution of Maturities: Amortized Cost, After 10 Years	0
Distribution of Maturities: Amortized Cost, Total	16
Distribution of Maturities: Fair Value, 1 Year or Less	7
Distribution of Maturities: Fair Value, 1-5 Years	9
Distribution of Maturities: Fair Value, 5-10 Years	0
Distribution of Maturities: Fair Value, After 10 Years	0
Distribution of Maturities: Fair Value, Total	16
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	1,462
Distribution of Maturities: Amortized Cost, 1-5 Years	4,771
Distribution of Maturities: Amortized Cost, 5-10 Years	16,222
Distribution of Maturities: Amortized Cost, After 10 Years	382
Distribution of Maturities: Amortized Cost, Total	22,837
Distribution of Maturities: Fair Value, 1 Year or Less	1,517
Distribution of Maturities: Fair Value, 1-5 Years	4,747
Distribution of Maturities: Fair Value, 5-10 Years	15,877
Distribution of Maturities: Fair Value, After 10 Years	372
Distribution of Maturities: Fair Value, Total	22,513
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	0
Distribution of Maturities: Amortized Cost, 1-5 Years	49
Distribution of Maturities: Amortized Cost, 5-10 Years	0
Distribution of Maturities: Amortized Cost, After 10 Years	4
Distribution of Maturities: Amortized Cost, Total	53
Distribution of Maturities: Fair Value, 1 Year or Less	0
Distribution of Maturities: Fair Value, 1-5 Years	53
Distribution of Maturities: Fair Value, 5-10 Years	0
Distribution of Maturities: Fair Value, After 10 Years	4
Distribution of Maturities: Fair Value, Total	57
Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	1
Distribution of Maturities: Amortized Cost, 1-5 Years	414
Distribution of Maturities: Amortized Cost, 5-10 Years	1,643
Distribution of Maturities: Amortized Cost, After 10 Years	262
Distribution of Maturities: Amortized Cost, Total	2,320
Distribution of Maturities: Fair Value, 1 Year or Less	1
Distribution of Maturities: Fair Value, 1-5 Years	400
Distribution of Maturities: Fair Value, 5-10 Years	1,589
Distribution of Maturities: Fair Value, After 10 Years	252
Distribution of Maturities: Fair Value, Total	2,242
Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Distribution of Maturities: Amortized Cost, 1 Year or Less	0
Distribution of Maturities: Amortized Cost, 1-5 Years	13
Distribution of Maturities: Amortized Cost, 5-10 Years	884
Distribution of Maturities: Amortized Cost, After 10 Years	0
Distribution of Maturities: Amortized Cost, Total	897
Distribution of Maturities: Fair Value, 1 Year or Less	0
Distribution of Maturities: Fair Value, 1-5 Years	12
Distribution of Maturities: Fair Value, 5-10 Years	862
Distribution of Maturities: Fair Value, After 10 Years	0
Distribution of Maturities: Fair Value, Total	$ 874

[1] Weighted average yields are based on amortized cost and presented on an FTE basis.

XML

Securities with Unrealized Losses (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018		Dec. 31, 2017
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 19,673	[1]	$ 11,409	[2],[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	412	[1],[4]	63	[2],[3],[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	6,444	[1]	6,736	[2],[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	272	[1],[4]	153	[2],[3],[5]
Total, Fair Value	26,117	[1]	18,145	[2],[3]
Total, Unrealized Losses	684	[1],[4]	216	[2],[3],[5]
Other Than Temporarily Impaired Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	[1]	0	[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	0	[1],[4]	0	[3],[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1	[1]	1	[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	[1],[4]	0	[3],[5]
Total, Fair Value	1	[1]	1	[3]
Total, Unrealized Losses	0	[1],[4]	0	[3],[5]
Other Than Temporarily Impaired Securities [Member] | Asset-backed Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	[1]	0	[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	0	[1],[4]	0	[3],[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1	[1]	1	[3]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	[1],[4]	0	[3],[5]
Total, Fair Value	1	[1]	1	[3]
Total, Unrealized Losses	0	[1],[4]	0	[3],[5]
Temporarily Impaired Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	19,673		11,409	[2]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	412	[4]	63	[2],[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	6,443		6,735	[2]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	272	[4]	153	[2],[5]
Total, Fair Value	26,116		18,144	[2]
Total, Unrealized Losses	684	[4]	216	[2],[5]
Temporarily Impaired Securities [Member] | US Treasury Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	3,508		1,993
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	69	[4]	12	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	832		841
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	28	[4]	20	[5]
Total, Fair Value	4,340		2,834
Total, Unrealized Losses	97	[4]	32	[5]
Temporarily Impaired Securities [Member] | US Government Agencies Debt Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	22		23
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	0	[4]	0	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	53		60
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	2	[4]	1	[5]
Total, Fair Value	75		83
Total, Unrealized Losses	2	[4]	1	[5]
Temporarily Impaired Securities [Member] | US States and Political Subdivisions Debt Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	384		267
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	8	[4]	3	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	110		114
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	5	[4]	5	[5]
Total, Fair Value	494		381
Total, Unrealized Losses	13	[4]	8	[5]
Temporarily Impaired Securities [Member] | Asset-backed Securities [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	0	[4]	0	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	4		4
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	[4]	0	[5]
Total, Fair Value	4		4
Total, Unrealized Losses	0	[4]	0	[5]
Temporarily Impaired Securities [Member] | Other Debt Obligations [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	9		10
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	0	[4]	0	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	0	[4]	0	[5]
Total, Fair Value	9		10
Total, Unrealized Losses	0	[4]	0	[5]
Temporarily Impaired Securities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	1,260		887
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	33	[4]	9	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	894		915
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	46	[4]	29	[5]
Total, Fair Value	2,154		1,802
Total, Unrealized Losses	79	[4]	38	[5]
Temporarily Impaired Securities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	748		134
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	18	[4]	1	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	90		93
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	5	[4]	2	[5]
Total, Fair Value	838		227
Total, Unrealized Losses	23	[4]	3	[5]
Temporarily Impaired Securities [Member] | Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investments, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	13,742		8,095
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	284	[4]	38	[5]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	4,460		4,708
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	186	[4]	96	[5]
Total, Fair Value	18,202		12,803
Total, Unrealized Losses	$ 470	[4]	$ 134	[5]

[1] OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

[2] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

[3] OTTI securities AFS are impaired securities for which OTTI credit losses have been previously recognized in earnings.

[4] Unrealized losses less than $0.5 million are presented as zero within the table.

[5] Unrealized losses less than $0.5 million are presented as zero within the table.

XML

Gross Realized Gains and Losses on Sales and OTTI on Securities Available for Sale (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017		Dec. 31, 2017	[5]
Available-for-sale Securities, Gross Realized Gains		$ 1		$ 0
Available-for-sale Securities, Gross Realized Losses		0		0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Period Increase (Decrease)		0		0
Gain (Loss) on Sale of Securities, Net		(1)	[1]	$ 0	[2]
Available-for-sale Securities	[3],[4]	$ 30,934				$ 30,947

[1] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[2] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

[3] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[4] Text selection found with no content.

[5] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

OTTI Losses on Available for Sale Securities (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017	[3]	Mar. 31, 2017
Available-for-sale Securities	[1],[2]	$ 30,934	$ 30,947
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Credit Losses on Debt Securities Held		$ 23			$ 22

[1] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[2] Text selection found with no content.

[3] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

Rollforward of Credit Losses Recognized in Earnings Related to Securities (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	[3]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Gross Realized Gains		$ 1	$ 0
Available-for-sale Securities	[1],[2]	30,934		$ 30,947
Ending balance		23	22
Available-for-sale Securities, Gross Realized Losses		0	0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Period Increase (Decrease)		$ 0	$ 0

[1] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[2] Text selection found with no content.

[3] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

Significant Inputs Considered in Determining the Measurement of Credit Losses Recognized in Earnings for Securities (Detail) $ in Millions	Mar. 31, 2018 USD ($)
Investment [Line Items]
Available-for-sale Securities, Debt Securities	$ 30,934

XML

Loans - Additional Information (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other Real Estate		$ 59		$ 57
Transfer of Portfolio Loans and Leases to Held-for-sale		204	$ 60
Transfer of Loans Held-for-sale to Portfolio Loans		6	7
Loans held for investment sold		36	118
Long-term Debt	[1]	10,692		9,785
Other Short-term Borrowings		706		717
Letters of Credit Outstanding, Amount		4,800		6,700
Loans and Leases Receivable, Impaired, Commitment to Lend		2		2
Loans held for investment	[2]	142,618		143,181
Finance Leases Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		$ 3,577		$ 3,693
Federal National Mortgage Association (FNMA) Insured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of Loan Portfolio Current		29.00%		28.00%
Loans held for investment		$ 611		$ 560
Government Guarantee Percent		2.00%		1.00%
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment purchased		$ 475	539
Percentage of Loan Portfolio Current		77.00%		75.00%
Loans held for investment		$ 6,693		$ 6,633
Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment purchased			$ 99
Loans held for investment		11,869		12,140
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other Real Estate		54		51
Loans held for investment		$ 38,273		$ 38,620
Percentage of Loans Held for Investment		27.00%		27.00%
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other Real Estate		$ 3		$ 4
Loans held for investment		75,324		75,477
Geographic Distribution, Foreign [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		1,400		1,400
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[3]	10,241		10,626
Minimum [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans And Leases Receivable Individually Evaluated For Impairment		3		3
Home Equity Line of Credit [Member] | Credit Concentration Risk [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused Commitments to Extend Credit		10,200		10,100
Mortgage Loans on Real Estate [Member] | Credit Concentration Risk [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unused Commitments to Extend Credit		3,400		3,000
Federal Home Loan Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term Debt		4		4
Federal Reserve Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Pledged as Collateral		23,500		24,300
Line of Credit Facility, Remaining Borrowing Capacity		17,600		18,200
Federal Home Loan Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Pledged as Collateral		38,200		38,000
Line of Credit Facility, Remaining Borrowing Capacity		$ 30,300		$ 30,500

[1] Includes debt of consolidated VIEs of $182 million and $189 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[3] Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

XML

Composition of the Company's Loan Portfolio (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[1]	$ 142,618		$ 143,181
Loans Held for Sale	[2]	2,377		2,290
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[3]	66,321		66,356
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		5,352		5,317
Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		3,651		3,804
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		75,324		75,477
Federal National Mortgage Association (FNMA) Insured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		611		560
Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[4],[5]	27,165	[6]	27,136	[7]
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[4]	10,241		10,626
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[4]	256		298
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		6,693		6,633
Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		8,941		8,729
Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		11,869		12,140
Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		1,518		1,582
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		$ 67,294		$ 67,704

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes $1.4 billion and $1.6 billion of LHFS measured at fair value at March 31, 2018 and December 31, 2017, respectively.

[3] Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

[4] Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

[5] Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

[6] Includes $188 million of loans measured at fair value, the majority of which were accruing current.

[7] Includes $196 million of loans measured at fair value, the majority of which were accruing current.

XML

Composition of the Company's Loan Portfolio (Additional Information) (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	[1]	$ 142,618	$ 143,181
Loans Receivable, Fair Value Disclosure		188	196
Loans Held-for-sale, Fair Value Disclosure		1,428	1,577
Finance Leases Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross		3,577	3,693
Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross		788	778
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross		67,294	67,704
Loans Receivable, Fair Value Disclosure		$ 188	$ 196

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

XML

LHFI by Credit Quality Indicator (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[1]	$ 142,618		$ 143,181
Financing Receivable, Recorded Investment, Nonaccrual Status	[3]	712	[2]	674	[4]
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[5]	66,321		66,356
Financing Receivable, Recorded Investment, Nonaccrual Status		216	[2]	215	[4]
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		5,352		5,317
Financing Receivable, Recorded Investment, Nonaccrual Status		46	[2]	24	[4]
Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		3,651		3,804
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[2]	1	[4]
Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6],[7]	27,165	[8]	27,136	[9]
Financing Receivable, Recorded Investment, Nonaccrual Status		253	[2],[8]	206	[4],[9]
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	10,241		10,626
Financing Receivable, Recorded Investment, Nonaccrual Status		169	[2]	203	[4]
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	256		298
Financing Receivable, Recorded Investment, Nonaccrual Status		16	[2]	11	[4]
Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		8,941		8,729
Financing Receivable, Recorded Investment, Nonaccrual Status		8	[2]	7	[4]
Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		11,869		12,140
Financing Receivable, Recorded Investment, Nonaccrual Status		4	[2]	7	[4]
Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		1,518		1,582
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[2]	0	[4]
Pass | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		64,453		64,546
Pass | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		5,152		5,126
Pass | Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		3,597		3,770
Criticized Accruing | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		1,652		1,595
Criticized Accruing | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		154		167
Criticized Accruing | Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		54		33
FICO Score 700 and Above [Member] | Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	23,732		23,602
FICO Score 700 and Above [Member] | Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	8,621		8,946
FICO Score 700 and Above [Member] | Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	204		240
FICO Score 700 and Above [Member] | Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		8,145		7,929
FICO Score 700 and Above [Member] | Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		8,867		9,094
FICO Score 700 and Above [Member] | Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		1,034		1,088
FICO Score Between 620 and 699 | Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	2,655		2,721
FICO Score Between 620 and 699 | Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	1,174		1,242
FICO Score Between 620 and 699 | Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6]	45		50
FICO Score Between 620 and 699 | Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		755		757
FICO Score Between 620 and 699 | Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		2,270		2,344
FICO Score Between 620 and 699 | Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment		385		395
FICO Score Below 620 | Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6],[10]	778		813
FICO Score Below 620 | Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6],[10]	446		438
FICO Score Below 620 | Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[6],[10]	7		8
FICO Score Below 620 | Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[10]	41		43
FICO Score Below 620 | Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[10]	732		702
FICO Score Below 620 | Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	[10]	$ 99		$ 99

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[2] Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[3] Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

[4] Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[5] Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

[6] Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

[7] Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

[8] Includes $188 million of loans measured at fair value, the majority of which were accruing current.

[9] Includes $196 million of loans measured at fair value, the majority of which were accruing current.

[10] For substantially all loans with refreshed FICO scores below 620, the borrower’s FICO score at the time of origination exceeded 620 but has since deteriorated as the loan has seasoned.

XML

LHFI by Credit Quality Indicator (Additional Information) (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	[1]	$ 142,618	$ 143,181
Loans and Leases Receivable, Impaired, Commitment to Lend		2	2
Federal National Mortgage Association (FNMA) Insured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross		611	560
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross		$ 6,693	$ 6,633

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

XML

Payment Status for the LHFI Portfolio (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		$ 139,594		$ 139,956
Accruing 30-89 Days Past Due		964		1,146
Accruing 90+ Days Past Due		1,348		1,405
Financing Receivable, Recorded Investment, Nonaccrual Status	[2]	712	[1]	674	[3]
Total	[4]	142,618		143,181
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		66,064		66,092
Accruing 30-89 Days Past Due		32		42
Accruing 90+ Days Past Due		9		7
Financing Receivable, Recorded Investment, Nonaccrual Status		216	[1]	215	[3]
Total	[5]	66,321		66,356
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		5,304		5,293
Accruing 30-89 Days Past Due		2		0
Accruing 90+ Days Past Due		0		0
Financing Receivable, Recorded Investment, Nonaccrual Status		46	[1]	24	[3]
Total		5,352		5,317
Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		3,651		3,803
Accruing 30-89 Days Past Due		0		0
Accruing 90+ Days Past Due		0		0
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[1]	1	[3]
Total		3,651		3,804
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		75,019		75,188
Accruing 30-89 Days Past Due		34		42
Accruing 90+ Days Past Due		9		7
Financing Receivable, Recorded Investment, Nonaccrual Status		262	[1]	240	[3]
Total		75,324		75,477
Federal National Mortgage Association (FNMA) Insured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		179		159
Accruing 30-89 Days Past Due		53		55
Accruing 90+ Days Past Due		379		346
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[1]	0	[3]
Total		611		560
Residential Nonguaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		26,838	[6]	26,778	[7]
Accruing 30-89 Days Past Due		66	[6]	148	[7]
Accruing 90+ Days Past Due		8	[6]	4	[7]
Financing Receivable, Recorded Investment, Nonaccrual Status		253	[1],[6]	206	[3],[7]
Total	[8],[9]	27,165	[6]	27,136	[7]
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		10,006		10,348
Accruing 30-89 Days Past Due		66		75
Accruing 90+ Days Past Due		0		0
Financing Receivable, Recorded Investment, Nonaccrual Status		169	[1]	203	[3]
Total	[8]	10,241		10,626
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		240		280
Accruing 30-89 Days Past Due		0		7
Accruing 90+ Days Past Due		0		0
Financing Receivable, Recorded Investment, Nonaccrual Status		16	[1]	11	[3]
Total	[8]	256		298
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		5,148		4,946
Accruing 30-89 Days Past Due		612		659
Accruing 90+ Days Past Due		933		1,028
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[1]	0	[3]
Total		6,693		6,633
Consumer Other Direct [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		8,893		8,679
Accruing 30-89 Days Past Due		35		36
Accruing 90+ Days Past Due		5		7
Financing Receivable, Recorded Investment, Nonaccrual Status		8	[1]	7	[3]
Total		8,941		8,729
Consumer Indirect [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		11,780		12,022
Accruing 30-89 Days Past Due		84		111
Accruing 90+ Days Past Due		1		0
Financing Receivable, Recorded Investment, Nonaccrual Status		4	[1]	7	[3]
Total		11,869		12,140
Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		1,491		1,556
Accruing 30-89 Days Past Due		14		13
Accruing 90+ Days Past Due		13		13
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[1]	0	[3]
Total		1,518		1,582
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Current		64,575		64,768
Accruing 30-89 Days Past Due		930		1,104
Accruing 90+ Days Past Due		1,339		1,398
Financing Receivable, Recorded Investment, Nonaccrual Status		450	[1]	434	[3]
Total		$ 67,294		$ 67,704

[1] Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[2] Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

[3] Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[4] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

[5] Includes $3.6 billion and $3.7 billion of lease financing, and $788 million and $778 million of installment loans at March 31, 2018 and December 31, 2017, respectively.

[6] Includes $188 million of loans measured at fair value, the majority of which were accruing current.

[7] Includes $196 million of loans measured at fair value, the majority of which were accruing current.

[8] Excludes $6.7 billion and $6.6 billion of guaranteed student loans and $611 million and $560 million of guaranteed residential mortgages at March 31, 2018 and December 31, 2017, respectively, for which there was nominal risk of principal loss due to the government guarantee.

[9] Includes $188 million and $196 million of LHFI measured at fair value at March 31, 2018 and December 31, 2017, respectively.

XML

Payment Status for the LHFI Portfolio (Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Loans Receivable, Fair Value Disclosure	$ 188	$ 196
Nonaccruing 90 Plus Days Past Due	417	357
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Loans Receivable, Fair Value Disclosure	$ 188	$ 196

XML

LHFI Considered Impaired (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance		$ 3,039		$ 3,046
Impaired Financing Receivable, Recorded Investment	[1]	2,812		2,821
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		196		204
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		2,825	$ 3,116
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	30	32
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		28		38
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	20		35
Impaired Financing Receivable, Unpaid Principal Balance		157		127
Impaired Financing Receivable, Recorded Investment	[1]	149		117
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		22		19
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		20	240
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	[2]	0	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		149	165
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	1	1
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		21		0
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	21		0
Impaired Financing Receivable, Unpaid Principal Balance		25		21
Impaired Financing Receivable, Recorded Investment	[1]	21		21
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		0		2
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		21	0
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method		0	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		25	17
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	0	0
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		49		38
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	41		35
Impaired Financing Receivable, Unpaid Principal Balance		182		148
Impaired Financing Receivable, Recorded Investment	[1]	170		138
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		22		21
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		41	240
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	[2]	0	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		174	182
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	1	1
Residential Nonguaranteed [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		453		458
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	355		363
Impaired Financing Receivable, Unpaid Principal Balance		1,112		1,133
Impaired Financing Receivable, Recorded Investment	[1]	1,087		1,103
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		107		113
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		353	360
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	[2]	4	4
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		1,093	1,216
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	12	15
Home Equity Line of Credit [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance		927		953
Impaired Financing Receivable, Recorded Investment	[1]	871		895
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		52		54
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		873	833
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	9	8
Residential Construction [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		12		15
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	6		9
Impaired Financing Receivable, Unpaid Principal Balance		91		93
Impaired Financing Receivable, Recorded Investment	[1]	89		90
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		7		7
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		6	8
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	[2]	0	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		90	105
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	1	1
Consumer Other Direct [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance		57		59
Impaired Financing Receivable, Recorded Investment	[1]	58		59
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		1		1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		57	58
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	1	1
Consumer Indirect [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance		129		123
Impaired Financing Receivable, Recorded Investment	[1]	128		122
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		6		7
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		131	108
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	2	1
Credit Card Receivable [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance		27		26
Impaired Financing Receivable, Recorded Investment	[1]	7		7
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		1		1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		7	6
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		465		473
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	361		372
Impaired Financing Receivable, Unpaid Principal Balance		2,343		2,387
Impaired Financing Receivable, Recorded Investment	[1]	2,240		2,276
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		174		$ 183
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		359	368
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	[2]	4	4
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		2,251	2,326
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	[2]	$ 25	$ 26

[1] Carrying value reflects charge-offs that have been recognized plus other amounts that have been applied to adjust the net book balance.

[2] Of the interest income recognized during each of the three months ended March 31, 2018 and 2017, cash basis interest income was less than $1 million.

XML

LHFI Considered Impaired (Additional Information) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Loans and Leases Receivable, Gross	[1]	$ 142,618		$ 143,181
Transfer of Loans Held-for-sale to Portfolio Loans		6	$ 7
Financing Receivable, Modifications, Post-Modification Recorded Investment		109	130
Impaired Financing Receivable, Interest Income, Cash Basis Method		1	1
Other Real Estate		59		57
Accrual Loans [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment		$ 2,400		$ 2,400
Percentage Of Accruing Troubled Debt Restructurings, Current		98.00%		96.00%
Proceeds due from FHA or VA [Member]
Financing Receivable, Impaired [Line Items]
Other Real Estate		$ 43		$ 45
Consumer Other Direct [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases Receivable, Gross		8,941		$ 8,729
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 1	$ 1

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

XML

Nonperforming Assets (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Financing Receivable, Recorded Investment, Nonaccrual Status	[2]	$ 712	[1]	$ 674	[3]
OREO		59		57
Other repossessed assets		7		10
Total nonperforming assets		778		741
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		216	[1]	215	[3]
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		46	[1]	24	[3]
Commercial Construction [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		0	[1]	1	[3]
Residential Nonguaranteed [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		253	[1],[4]	206	[3],[5]
Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		169	[1]	203	[3]
Residential Construction [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		16	[1]	11	[3]
Consumer Other Direct [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		8	[1]	7	[3]
Consumer Indirect [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status		$ 4	[1]	$ 7	[3]

[1] Nonaccruing loans past due 90 days or more totaled $417 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[2] Nonaccruing restructured loans are included in total nonaccrual loans/NPLs.

[3] Nonaccruing loans past due 90 days or more totaled $357 million. Nonaccruing loans past due fewer than 90 days include nonaccrual loans modified in TDRs, performing second lien loans where the first lien loan is nonperforming, and certain energy-related commercial loans.

[4] Includes $188 million of loans measured at fair value, the majority of which were accruing current.

[5] Includes $196 million of loans measured at fair value, the majority of which were accruing current.

XML

Nonperforming Assets (Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Other Real Estate	$ 59	$ 57
Accrual Loans [Member]
Mortgage Loans in Process of Foreclosure, Amount	106	101
Proceeds due from FHA or VA [Member]
Mortgage Loans in Process of Foreclosure, Amount	99	97
Other Real Estate	43	45
Nonaccrual loans [Member]
Mortgage Loans in Process of Foreclosure, Amount	81	73
Residential Portfolio Segment [Member]
Other Real Estate	54	51
Commercial Portfolio Segment [Member]
Other Real Estate	3	4
Land and Land Improvements [Member]
Other Real Estate	$ 2	$ 2

XML

Loans TDR Modifications (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018 USD ($) contracts	Mar. 31, 2017 USD ($) contracts
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	1,443	1,611
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 10	$ 6
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	99	124
Financing Receivable, Amount Restructured During Period	$ 109	$ 130
Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	46	30
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 0	$ 0
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	56	41
Financing Receivable, Amount Restructured During Period	$ 56	$ 41
Residential Nonguaranteed [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	61	34
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 9	$ 4
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	8	2
Financing Receivable, Amount Restructured During Period	$ 17	$ 6
Home Equity Line of Credit [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	136	655
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 0	$ 1
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	13	66
Financing Receivable, Amount Restructured During Period	$ 13	$ 67
Consumer Other Direct [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	114	110
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 0	$ 0
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	1	1
Financing Receivable, Amount Restructured During Period	$ 1	$ 1
Consumer Indirect [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	778	547
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 0	$ 0
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	20	14
Financing Receivable, Amount Restructured During Period	$ 20	$ 14
Credit Card Receivable [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Restructured During Period, Number Of Contracts | contracts	308	235
Financing Receivable, Amount Restructured During Period, Rate Modifications Granted	$ 1	$ 1
Financing Receivable, Amount Restructured During Period, Term Extension and/or Other Concessions Granted	1	0
Financing Receivable, Amount Restructured During Period	$ 2	$ 1

XML

Activity in the Allowance for Credit Losses (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Components:
Allowance for credit losses		$ 1,763	$ 1,783	$ 1,814	$ 1,776
Provision for loan losses		38	117
Provision for Other Credit Losses		(10)	2
Allowance for Loan and Lease Losses, Write-offs		(106)	(146)
Loan recoveries		27	34
Loans and Leases Receivable, Allowance		1,694	1,714	$ 1,735	$ 1,709
Unfunded commitments reserve	[1]	$ 69	$ 69

[1] The unfunded commitments reserve is recorded in Other liabilities in the Consolidated Balance Sheets.

XML

Activity in the ALLL by segment (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Allowance for Loan and Lease Losses [Roll Forward]
Provision for loan losses	$ 38	$ 117
Allowance for Loan and Lease Losses, Write-offs	(106)	(146)
Loan recoveries	27	34
Loans and Leases Receivable, Allowance	1,694	1,714	$ 1,735	$ 1,709
Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision for loan losses	(16)	46
Allowance for Loan and Lease Losses, Write-offs	(23)	(63)
Loan recoveries	6	13
Loans and Leases Receivable, Allowance	1,068	1,120	1,101	1,124
Consumer Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision for loan losses	54	71
Allowance for Loan and Lease Losses, Write-offs	(83)	(83)
Loan recoveries	21	21
Loans and Leases Receivable, Allowance	$ 626	$ 594	$ 634	$ 585

XML

Loans Held for Investment portfolio and Related Allowance for Loan and Lease Losses (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Individually evaluated		$ 2,812	$ 2,821
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		196	204
Collectively evaluated		139,618	140,164
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment		1,498	1,531
Total evaluated		142,430	142,985
Loans And Leases Receivable Allowance Loans Evaluated For Impairment Excluding Fair Value Loans		1,694	1,735
Loans Receivable, Fair Value Disclosure		188	196
Total	[1]	142,618	143,181
Loans and Leases Receivable, Allowance		1,694	1,735	$ 1,714	$ 1,709
Commercial Portfolio Segment [Member]
Individually evaluated		211	173
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		22	21
Collectively evaluated		75,113	75,304
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment		1,046	1,080
Total evaluated		75,324	75,477
Loans And Leases Receivable Allowance Loans Evaluated For Impairment Excluding Fair Value Loans		1,068	1,101
Loans Receivable, Fair Value Disclosure		0	0
Total		75,324	75,477
Loans and Leases Receivable, Allowance		1,068	1,101	1,120	1,124
Residential Portfolio Segment [Member]
Total		38,273	38,620
Consumer Portfolio Segment [Member]
Individually evaluated		2,601	2,648
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		174	183
Collectively evaluated		64,505	64,860
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment		452	451
Total evaluated		67,106	67,508
Loans And Leases Receivable Allowance Loans Evaluated For Impairment Excluding Fair Value Loans		626	634
Loans Receivable, Fair Value Disclosure		188	196
Total		67,294	67,704
Loans and Leases Receivable, Allowance		$ 626	$ 634	$ 594	$ 585

[1] Includes loans of consolidated VIEs of $171 million and $179 million at March 31, 2018 and December 31, 2017, respectively.

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Goodwill and Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018		Mar. 31, 2017		Dec. 31, 2017
Bank Servicing Fees	$ 54	[1]	$ 58	[2]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	283,994				$ 285,301
Mortgage Servicing Rights, Fair Value [Member]
Bank Servicing Fees	107		101
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	164,700				165,500
Principal Amount Outstanding of Loans Serviced For Third Parties	135,300				136,100
Unpaid Principal Balance of Outstanding Underlying MSRs Purchased	5,900		0
Principal Amount Sold on Loans Serviced for Third Parties	102		64
Asset-backed Securities, Securitized Loans and Receivables [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	139,287				139,920
Commercial Mortgage Servicing Rights [Member]
Servicing Asset at Amortized Cost	64				65
Bank Servicing Fees	7		5
Principal Amount Outstanding of Loans Serviced	31,100				30,100
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	5,800				5,800
Consumer Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	133,489				134,160
Pillar Financial [Member]
Bank Servicing Fees	3		$ 4
Principal Amount Outstanding of Loans Serviced For Third Parties	$ 25,300				$ 24,300

[1] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[2] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

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Goodwill and Other Intangible Assets - Changes in the Carrying Amounts of Other Intangible Assets (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017	Dec. 31, 2017		Dec. 31, 2016
Finite-Lived Intangible Assets, Accumulated Amortization	[1]	$ (32)			$ (42)
Intangible Assets, Net (Excluding Goodwill)		1,996	[1]	$ 1,729	1,791	[1]	$ 1,657
Amortization	[2]	(5)		(5)
Origination of Mortgage Servicing Rights (MSRs)		80		101
Servicing Assets at Fair Value, Purchased		74
Due to changes in inputs or assumptions	[3]	111		27
Servicing Asset at Fair Value, Other Changes in Fair Value	[4]	(55)		(50)
Intangible Assets, Written off Related to Sale of Business Unit	[5]			(1)
Indefinite-Lived Intangible Assets (Excluding Goodwill)		12			12
Intangible Assets, Gross (Excluding Goodwill)	[1]	2,028			1,833
Mortgage Servicing Rights, Fair Value [Member]
Servicing Asset at Fair Value, Amount		1,916		1,645	1,710		1,572
Amortization	[2]	0		0
Origination of Mortgage Servicing Rights (MSRs)		76		96
Servicing Assets at Fair Value, Purchased		74
Due to changes in inputs or assumptions	[3]	111		27
Servicing Asset at Fair Value, Other Changes in Fair Value	[4]	(55)		(50)
Intangible Assets, Written off Related to Sale of Business Unit				0
Other Intangible Assets [Member]
Finite-Lived Intangible Assets, Gross	[1]	17			32
Finite-Lived Intangible Assets, Accumulated Amortization	[1]	(13)			(28)
Finite-Lived Intangible Assets, Net	[1]	4			4
Intangible Assets, Net (Excluding Goodwill)		80		84	81		$ 85
Amortization	[2]	(5)		(5)
Origination of Mortgage Servicing Rights (MSRs)		4		5
Servicing Assets at Fair Value, Purchased		0
Due to changes in inputs or assumptions	[3]	0		0
Servicing Asset at Fair Value, Other Changes in Fair Value	[4]	0		0
Intangible Assets, Written off Related to Sale of Business Unit	[5]			$ (1)
Commercial Mortgage Servicing Rights [Member]
Finite-Lived Intangible Assets, Gross	[1]	83			79
Finite-Lived Intangible Assets, Accumulated Amortization	[1]	(19)			(14)
Finite-Lived Intangible Assets, Net	[1]	64			65
Fair Value, Measurements, Recurring [Member]
Servicing Asset at Fair Value, Amount		$ 1,916			$ 1,710

[1] Excludes fully amortized other intangible assets.

[2] Does not include expense associated with non-qualified community development investments. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

[3] Primarily reflects changes in option adjusted spreads and prepayment speed assumptions, due to changes in interest rates.

[4] Represents changes due to the collection of expected cash flows, net of accretion due to the passage of time.

[5] Represents measurement period adjustment on other intangible assets acquired previously in the Pillar acquisition.

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Goodwill and Other Intangible Assets - Summary of the Key Characteristics, Inputs, and Economic Assumptions Used to Estimate the Fair Value of the Company's MSRs (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Commercial Mortgage Servicing Rights [Member]
Servicing Asset at Fair Value, Amount	$ 76	$ 75
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Discount Rate	12.00%	12.00%
Decline in fair value from 10% adverse change	$ 3	$ 3
Decline in fair value from 20% adverse change	$ 6	$ 6
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed	6.00%	7.00%
Decline in fair value from 10% adverse change	$ 1	$ 1
Decline in fair value from 20% adverse change	$ 2	$ 2
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Weighted Average Life	7 years 2 months	7 years
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions used to Estimate Fair Value, Float Earnings Rate	1.10%	1.10%
Mortgage Servicing Rights, Fair Value [Member]
Servicing Asset at Fair Value, Amount	$ 1,916	$ 1,710
Discount rate (annual)	4.00%	4.00%
Decline in fair value from 10% adverse change	$ 53	$ 47
Decline in fair value from 20% adverse change	$ 101	$ 90
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed	13.00%	13.00%
Decline in fair value from 10% adverse change	$ 89	$ 85
Decline in fair value from 20% adverse change	$ 169	$ 160
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Weighted Average Life	5 years 7 months	5 years 5 months
Weighted-average coupon	4.00%	3.90%

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Other Assets Other Assests (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Dec. 31, 2017
Mutual Fund Investments	[1]	$ 135	$ 49
Marketable Securities, Equity Securities	[1]	8	7
Securities Owned Not Readily Marketable		52	26
Federal Home Loan Bank Stock	[1]	15	15
Federal Reserve Bank Stock	[1]	403	403
Net Investment in Lease		1,567	1,528
Bank Owned Life Insurance		1,402	1,411
Accrued Investment Income Receivable		936	880
Receivables from Customers		768	2,201
Defined Benefit Plan, Funded (Unfunded) Status of Plan		476	464
Prepaid Expense		279	319
Other Real Estate		59	57
Other Assets, Miscellaneous		796	727
Other Assets	[2]	8,279	9,418
Other Assets [Member] | Security Owned Not Readily Marketable, Name [Domain]
Assets, Fair Value Adjustment		23
Asset Impairment Charges		0
Community Development Investments [Member]
Other Assets	[3]	$ 1,383	$ 1,331

[1] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability.

[2] Text selection found with no content.

[3] See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

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Certain Transfers of Financial Assets and Variable Interest Entities - Additional Information (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017	Dec. 31, 2017
Assets		$ 204,885			$ 205,962
Total liabilities		180,616			180,808
Long-term Debt	[1]	10,692			9,785
Derivative Asset, Notional Amount		129,913	[2]		143,238
Trading Securities	[3]	5,112			5,093
Other Assets	[4]	8,279			9,418
Affordable Housing Tax Credits and Other Tax Benefits, Amount		30		$ 25
Amortization Method Qualified Affordable Housing Project Investments, Amortization		32		24
Amortization of Intangible Assets	[5]	5		5
Amortization		15		13
Variable Interest Entity, Not Primary Beneficiary [Member] | Community Development Investments [Member]
Investment Tax Credit		18		17
Amortization of Intangible Assets		14		12
Variable Interest Entity, Primary Beneficiary [Member]
Long-term Debt		182			189
Residential Mortgage [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Loans and Leases Receivable, Gain (Loss) on Sales, Net		13		4
Transferor's Interests in Transferred Financial Assets, Fair Value		21			22
Assets		142			147
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount		21			22
Commercial and Corporate Loans [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Loans and Leases Receivable, Gain (Loss) on Sales, Net		9		$ 11
Student Loans [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Loans Receivable, Net		185			192
Long-term Debt		$ 182			$ 189
Student Loans [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Maximum [Member]
Government Guarantee Percent		98.00%			98.00%
Total Return Swap [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Derivative Asset, Notional Amount		$ 1,700			$ 1,700
Trading Securities		1,700			1,700
Community Development Investments [Member]
Other Assets	[6]	1,383			1,331
Community Development Investments [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Assets		2,300			2,300
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount		665			643
Real Estate Variable Interest Entity Borrowings		317			278
Limited Partner [Member] | Community Development Investments [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Other Assets	[6]	1,066			1,053
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount		1,373			1,391
Loans Issued by the Company to the Limited Partnerships		$ 344			$ 350
Death, Disability, Bankruptcy [Member] | Student Loans [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Maximum [Member]
Government Guarantee Percent		100.00%

[1] Includes debt of consolidated VIEs of $182 million and $189 million at March 31, 2018 and December 31, 2017, respectively.

[2] For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

[3] Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral of $1,248 million and $1,086 million at March 31, 2018 and December 31, 2017, respectively.

[4] Text selection found with no content.

[5] Does not include expense associated with non-qualified community development investments. See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

[6] See Note 10, "Certain Transfers of Financial Assets and Variable Interest Entities," for additional information.

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Portfolio Balances and Delinquency Balances Based on 90 days or more Past Due and Net Charge-Offs Related to Managed Portfolio Loans (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		$ 283,994		$ 285,301
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		2,708		2,590
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		81	$ 115
Commercial Portfolio Segment [Member]
Principal Amount Outstanding of Loans Held-in-portfolio		75,324		75,477
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		271		247
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		17	50
Consumer Portfolio Segment [Member]
Principal Amount Outstanding of Loans Held-in-portfolio		67,294		67,704
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		1,789		1,832
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		62	62
Loans and Finance Receivables [Member]
Principal Amount Outstanding of Loans Held-in-portfolio		142,618		143,181
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		2,060		2,079
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		79	112
Asset-backed Securities, Securitized Loans and Receivables [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		139,287		139,920
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		308		171
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		2	3
Loans [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	[1]	2,089		2,200
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement	[1]	340		340
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		0	0
Commercial Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	[2]	5,798		5,760
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement	[2]	0		0
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement		0	0
Consumer Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		133,489		134,160
Delinquent Amount at End of Period on Loans Managed and Securitized or Asset-backed Financing Arrangement		308		$ 171
Net Credit Losses During Period on Loans Managed or Securitized or Asset-backed Financing Arrangement	[3]	$ 2	$ 3

[1] Comprised of unsecuritized loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.

[2] Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

[3] Amounts associated with $541 million and $602 million of managed securitized loans at March 31, 2018 and December 31, 2017, respectively. Net charge-off data is not reported to the Company for the remaining balance of $132.9 billion and $133.6 billion of managed securitized loans at March 31, 2018 and December 31, 2017, respectively.

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Certain Transfers of Financial Assets and Variable Interest Entities Portfolio Balances and Delinquency Balances Based on 90 days or more Past Due and Net Charge-Offs Related to Managed Portfolio Loans (Additional Information) (Details) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		$ 283,994	$ 285,301
Asset-backed Securities, Securitized Loans and Receivables [Member]
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		139,287	139,920
Consumer Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member]
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		133,489	134,160
Consumer Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member] | STI Sponsored Securitizations [Member]
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		541	602
Consumer Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member] | Managed Securitized Loans [Member]
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement		132,948	133,558
Commercial Portfolio Segment [Member] | Asset-backed Securities, Securitized Loans and Receivables [Member]
Statement [Line Items]
Principal Amount Outstanding on Loans Managed and Securitized or Asset-backed Financing Arrangement	[1]	$ 5,798	$ 5,760

[1] Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

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Net Income per common share - Additonal Information (Details) shares in Millions	3 Months Ended
	Mar. 31, 2017 shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1

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Reconciliation of Net Income to Net Income Available to Common Shareholders (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Net Income (Loss) Attributable to Parent		$ 643	$ 468	[1],[2]
Dividends, Preferred Stock, Cash	[3]	(31)	(17)
Net Income (Loss) Available to Common Stockholders, Basic		$ 612	$ 451
Average basic common shares		468,723	490,091
Weighted Average Number of Shares Outstanding, Diluted		473,620	496,002
Net income/(loss) per average common share - diluted		$ 1.29	$ 0.91
Earnings Per Share, Basic		$ 1.31	$ 0.92
Restricted Stock Units (RSUs) [Member]
Dilutive securities		2,800	3,200
Warrant [Member]
Dilutive securities		1,400	1,800
Employee Stock Option [Member]
Dilutive securities		700	900

[1] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[2] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[3] For the three months ended March 31, 2018, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, $1,406 per share for Series F Preferred Stock, $1,038 per share for Series G Preferred Stock, and $1,281 per share for Series H Preferred Stock.For the three months ended March 31, 2017, dividends were $1,000 per share for both Series A and B Preferred Stock, $1,469 per share for Series E Preferred Stock, and $1,406 per share for Series F Preferred Stock.

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Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Income Taxes Other Information [Line Items]
Income Tax Expense (Benefit)	$ 147	$ 159
Effective Income Tax Rate Reconciliation, Percent	19.00%	25.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Other Tax Expense (Benefit)	$ 4	$ 22
Excess Tax Benefit from Share-based Compensation, Financing Activities	20
Adjustment to Deferred Taxes Remeasurement Benefit Related to 2017 Tax Act	19
Tax Expense (Benefit) from Valuation Allowance Adjustment	(35)
Deferred Tax Assets, Valuation Allowance	$ (179)		$ (143)

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Stock-Based Compensation Expense Recognized in Noninterest Expense (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Restricted Stock Unit Expense		$ 39	$ 34
Performance Stock Units Expense	[1]	17	24
Share-based Compensation		56	58
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	[2]	$ 13	$ 22

[1] Phantom stock units are settled in cash. The Company paid $75 million and $76 million during the three months ended March 31, 2018 and 2017, respectively, related to these share-based liabilities.

[2] Does not include excess tax benefits or deficiencies recognized in the Provision for income taxes in the Consolidated Statements of Income.

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Employee Benefit Plans Stock-Based Compensation Expense Recognized in Noninterest Expense (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Performance Stock Units, Cash Distributions	$ 75	$ 76

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Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Pension Plan [Member]
Defined Benefit Plan, Service Cost	[1]	$ 1	$ 1
Defined Benefit Plan, Interest Cost		23	24
Defined Benefit Plan, Expected Return (Loss) on Plan Assets		47	48
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)		0	0
Defined Benefit Plan, Amortization of Gain (Loss)		(6)	(6)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	[1]	(17)	(17)
Other Postretirement Benefits Plan [Member]
Defined Benefit Plan, Service Cost		0	0
Defined Benefit Plan, Interest Cost		0	0
Defined Benefit Plan, Expected Return (Loss) on Plan Assets		1	1
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)		(2)	(1)
Defined Benefit Plan, Amortization of Gain (Loss)		0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)		$ (3)	$ (2)

[1] Administrative fees are recognized in service cost for each of the periods presented.

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Guarantees - Additional Information (Details) - USD ($) shares in Millions, $ in Millions	1 Months Ended
	May 31, 2009	Mar. 31, 2018	Dec. 31, 2017
Derivative Liability, Fair Value, Gross Asset		$ 2,009	$ 2,731
Standby Letters of Credit [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted		2,500	2,600
Visa Interest [Member]
Derivative Liability, Fair Value, Gross Asset		15	15
Derivative Financial Instruments, Liabilities [Member] | Visa Interest [Member]
Number Of Shares Sold To Selected Financial Institutions	3.2
Not Designated as Hedging Instrument [Member] | Derivative Financial Instruments, Liabilities [Member] | Visa Interest [Member]
Number Of Shares Sold To Selected Financial Institutions	3.2
Guarantee of Indebtedness of Others [Member]
Loss Contingency Related Loans Unpaid Principal Balance		3,300	3,400
Guarantor Obligations, Maximum Exposure, Undiscounted		940	962
Loss Contingency Accrual, at Carrying Value		$ 11	$ 11

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Guarantees Mortgage Loans Repurchase Reserve Rollforward (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Guarantees [Abstract]
Reserve For Mortgage Loan Repurchase Losses	$ 39	$ 40

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Guarantees Repurchased Mortgage Loan (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Repurchased mortgage loans, carrying value	$ 215	$ 219
Performing Financial Instruments [Member] | Loans Held-For-Investment [Member]
Repurchased mortgage loans, carrying value	197	203
Nonperforming Financing Receivable [Member] | Loans Held-For-Investment [Member]
Repurchased mortgage loans, carrying value	$ 18	$ 16

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Derivative Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017	Dec. 31, 2017
Derivative Liability, Fair Value, Gross Liability		$ 3,505			$ 4,442
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net		75
Derivative Asset, Fair Value, Gross Asset		3,074			3,904
Netted counterparty balance [Member]
Fair Value, Concentration of Risk, Derivative Instruments, Assets		510			541
Derivative Asset, Fair Value of Collateral		426			399
Derivative Credit Risk Valuation Adjustment, Derivative Assets		3			5
Netted counterparty balance gains [Member]
Fair Value, Concentration of Risk, Derivative Instruments, Assets		936			900
Derivative liability positions containing provisions conditioned on downgrades [Member]
Derivative Liability, Fair Value, Gross Liability		900			1,100
Additional Termination Event [Member]
Derivative Liability, Fair Value, Gross Liability		1
Additional Termination Event [Member] | Maximum [Member]
Derivative Liability, Fair Value, Gross Liability		17
Credit Support Annex [Member]
Derivative Liability, Fair Value, Gross Liability		900
Collateral Already Posted, Aggregate Fair Value		900
Credit Support Annex [Member] | Moody's, Baa2 Rating [Member]
Additional Collateral, Aggregate Fair Value		1
Credit Support Annex [Member] | Moody's, Baa3 Rating [Member]
Additional Collateral, Aggregate Fair Value		4
Credit Default Swap, Buying Protection [Member]
Derivative, Notional Amount					5
Total Return Swap [Member]
Derivative Liability, Fair Value, Gross Liability		19			13
Collateral Already Posted, Aggregate Fair Value		372			368
Derivative, Notional Amount		1,700			1,700
Derivative Asset, Fair Value, Gross Asset		$ 22			15
Financial Guarantee [Member]
Derivative, Average Remaining Maturity		4 years 8 months		5 years 6 months
Credit Derivative, Maximum Exposure, Undiscounted		$ 85			55
Financial Guarantee [Member] | Minimum [Member]
Derivative, Remaining Maturity		1 year		1 year
Financial Guarantee [Member] | Maximum [Member]
Derivative, Remaining Maturity		8 years		9 years
Interest Rate Contract [Member] | Cash Flow Hedging [Member]
Derivative Liability, Fair Value, Gross Liability		$ 0	[1]		252	[2]
Derivative, Average Remaining Maturity		3 years 7 months		3 years 7 months
Derivative Asset, Fair Value, Gross Asset		$ 2	[1]		$ 2	[2]
Interest Rate Contract [Member] | Minimum [Member] | Cash Flow Hedging [Member]
Derivative, Remaining Maturity		1 year		1 year
Interest Rate Contract [Member] | Maximum [Member] | Cash Flow Hedging [Member]
Derivative, Remaining Maturity		5 years		5 years
Interest Income [Member] | Loans Held-For-Investment [Member] | Interest Rate Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	[3]	$ (165)		$ (25)

[1] See “Cash Flow Hedges” in this Note for further discussion.

[2] See “Cash Flow Hedges” in this Note for further discussion.

[3] During the three months ended March 31, 2017, the Company also reclassified $18 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

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Derivative Positions (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Derivative Asset, Notional Amount		$ 129,913	[1]	$ 143,238
Derivative Asset, Fair Value, Gross Asset		3,074		3,904
Derivative Liability, Notional Amount		109,764	[1]	106,467
Derivative Liability, Fair Value, Gross Liability		3,505		4,442
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement		3,074		3,904
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement		3,505		4,442
Derivative, Fair Value, Amount Offset Against Collateral, Net		(2,009)		(2,731)
Derivative Liability, Fair Value, Gross Asset		2,009		2,731
Derivative Asset, Collateral, Obligation to Return Cash, Offset		(408)		(371)
Derivative Liability, Collateral, Right to Reclaim Cash, Offset		(916)		(1,303)
Derivative Assets	[2]	(657)		(802)
Derivative Liabilities	[3]	580		408
Mortgage Servicing Rights [Member] | Interest rate futures [Member]
Derivative Liability, Notional Amount		2,000		16,600
Loans Held-For-Sale [Member] | Interest rate futures [Member]
Derivative Asset, Notional Amount		330		190
Other Trading [Member] | Interest rate futures [Member]
Derivative Asset, Notional Amount		9,700		9,800
Not Designated as Hedging Instrument [Member]
Derivative Asset, Notional Amount		116,383	[1],[4]	136,108	[5]
Derivative Asset, Fair Value, Gross Asset		3,071	[4]	3,901	[5]
Derivative Liability, Notional Amount		104,279	[1],[4]	93,417	[5]
Derivative Liability, Fair Value, Gross Liability		3,505	[4]	4,132	[5]
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivative Asset, Notional Amount		4,054	[1],[4]	3,409	[5]
Derivative Asset, Fair Value, Gross Asset		133	[4]	110	[5]
Derivative Liability, Notional Amount		3,676	[1],[4]	3,649	[5]
Derivative Liability, Fair Value, Gross Liability		121	[4]	102	[5]
Not Designated as Hedging Instrument [Member] | Equity Contract [Member]
Derivative Asset, Notional Amount		15,050	[1],[4],[6]	13,837	[5],[7]
Derivative Asset, Fair Value, Gross Asset		2,070	[4],[6]	2,499	[5],[7]
Derivative Liability, Notional Amount		21,964	[1],[4],[6]	25,070	[5],[7]
Derivative Liability, Fair Value, Gross Liability		2,372	[4],[6]	2,857	[5],[7]
Not Designated as Hedging Instrument [Member] | Other Contract [Member]
Derivative Asset, Notional Amount		1,624	[1],[4],[8]	1,671	[5],[9]
Derivative Asset, Fair Value, Gross Asset		18	[4],[8]	18	[5],[9]
Derivative Liability, Notional Amount		382	[1],[4],[8]	346	[5],[9]
Derivative Liability, Fair Value, Gross Liability		18	[4],[8]	16	[5],[9]
Not Designated as Hedging Instrument [Member] | Commodity [Member]
Derivative Asset, Notional Amount		755	[1],[4]	712	[5]
Derivative Asset, Fair Value, Gross Asset		77	[4]	63	[5]
Derivative Liability, Notional Amount		748	[1],[4]	710	[5]
Derivative Liability, Fair Value, Gross Liability		75	[4]	61	[5]
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Mortgage Servicing Rights [Member]
Derivative Asset, Notional Amount		15,504	[1],[4],[10]	31,895	[5],[11]
Derivative Asset, Fair Value, Gross Asset		30	[4],[10]	119	[5],[11]
Derivative Liability, Notional Amount		19,420	[1],[4],[10]	10,126	[5],[11]
Derivative Liability, Fair Value, Gross Liability		11	[4],[10]	119	[5],[11]
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Loans Held-For-Sale [Member]
Derivative Asset, Notional Amount		3,413	[1],[4],[12]	4,550	[5],[13]
Derivative Asset, Fair Value, Gross Asset		13	[4],[12]	9	[5],[13]
Derivative Liability, Notional Amount		3,111	[1],[4],[12]	3,040	[5],[13]
Derivative Liability, Fair Value, Gross Liability		10	[4],[12]	6	[5],[13]
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Loans Held-For-Investment [Member]
Derivative Asset, Notional Amount		0	[1],[4]	90	[5]
Derivative Asset, Fair Value, Gross Asset		0	[4]	2	[5]
Derivative Liability, Notional Amount		175	[1],[4]	85	[5]
Derivative Liability, Fair Value, Gross Liability		0	[4]	2	[5]
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Trading [Member]
Derivative Asset, Notional Amount		74,322	[1],[4],[6]	78,223	[5],[7]
Derivative Asset, Fair Value, Gross Asset		708	[4],[6]	1,066	[5],[7]
Derivative Liability, Notional Amount		52,545	[1],[4],[6]	48,143	[5],[7]
Derivative Liability, Fair Value, Gross Liability		870	[4],[6]	946	[5],[7]
Not Designated as Hedging Instrument [Member] | Credit Risk Contract [Member] | Loans Held-For-Investment [Member]
Derivative Asset, Notional Amount		0	[1],[4]	0	[5]
Derivative Asset, Fair Value, Gross Asset		0	[4]	0	[5]
Derivative Liability, Notional Amount		585	[1],[4]	515	[5]
Derivative Liability, Fair Value, Gross Liability		9	[4]	11	[5]
Not Designated as Hedging Instrument [Member] | Credit Risk Contract [Member] | Other Trading [Member]
Derivative Asset, Notional Amount		1,661	[1],[4],[14]	1,721	[5],[15]
Derivative Asset, Fair Value, Gross Asset		22	[4],[14]	15	[5],[15]
Derivative Liability, Notional Amount		1,673	[1],[4],[14]	1,733	[5],[15]
Derivative Liability, Fair Value, Gross Liability		19	[4],[14]	12	[5],[15]
Cash Flow Hedging [Member] | Interest Rate Contract [Member]
Derivative Asset, Notional Amount		9,250	[1],[16]	5,850	[17]
Derivative Asset, Fair Value, Gross Asset		2	[16]	2	[17]
Derivative Liability, Notional Amount		2,850	[1],[16]	8,350	[17]
Derivative Liability, Fair Value, Gross Liability		0	[16]	252	[17]
Fair Value Hedging [Member] | Interest Rate Contract [Member]
Derivative Asset, Notional Amount		4,280	[1],[18]	1,280	[19]
Derivative Asset, Fair Value, Gross Asset		1	[18]	1	[19]
Derivative Liability, Notional Amount		2,635	[1],[18]	4,700	[19]
Derivative Liability, Fair Value, Gross Liability		0	[18]	58	[19]
Fair Value Hedging [Member] | Fixed Income Interest Rate [Member]
Derivative Asset, Notional Amount		4,250	[1],[18]	1,250	[19]
Derivative Asset, Fair Value, Gross Asset		1	[18]	1	[19]
Derivative Liability, Notional Amount		2,605	[1],[18]	4,670	[19]
Derivative Liability, Fair Value, Gross Liability		0	[18]	58	[19]
Fair Value Hedging [Member] | Brokered Time Deposits [Member]
Derivative Asset, Notional Amount		30	[1],[18]	30	[19]
Derivative Asset, Fair Value, Gross Asset		0	[18]	0	[19]
Derivative Liability, Notional Amount		30	[1],[18]	30	[19]
Derivative Liability, Fair Value, Gross Liability		$ 0	[18]	$ 0	[19]

[1] For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

[2] At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

[3] At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

[4] See “Economic Hedging and Trading Activities” in this Note for further discussion.

[5] See “Economic Hedging and Trading Activities” in this Note for further discussion.

[6] Amounts include $9.7 billion of notional amounts related to interest rate futures and $1.3 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

[7] Amounts include $9.8 billion of notional amounts related to interest rate futures and $1.2 billion of notional amounts related to equity futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table. Amounts also include notional amounts related to interest rate swaps hedging fixed rate debt.

[8] Includes $49 million notional amount that is based on the 3.2 million of Visa Class B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

[9] Includes $49 million notional amount that is based on the 3.2 million of Visa Class B shares, the conversion ratio from Class B shares to Class A shares, and the Class A share price at the derivative inception date of May 28, 2009. This derivative was established upon the sale of Class B shares in the second quarter of 2009. See Note 14, “Guarantees” for additional information.

[10] Amount includes $2.0 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

[11] Amount includes $16.6 billion of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

[12] Amount includes $330 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

[13] Amount includes $190 million of notional amounts related to interest rate futures. These futures contracts settle in cash daily, one day in arrears. The derivative asset or liability associated with the one day lag is included in the fair value column of this table.

[14] Asset and liability amounts include $5 million and $17 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

[15] Asset and liability amounts include $4 million and $11 million, respectively, of notional amounts from purchased and written credit risk participation agreements, whose notional is calculated as the notional of the derivative participated adjusted by the relevant RWA conversion factor.

[16] See “Cash Flow Hedges” in this Note for further discussion.

[17] See “Cash Flow Hedges” in this Note for further discussion.

[18] See “Fair Value Hedges” in this Note for further discussion.

[19] See “Fair Value Hedges” in this Note for further discussion.

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Derivative Positions (Additional Information) (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended
	May 31, 2009	Mar. 31, 2018		Dec. 31, 2017
Derivative Asset, Notional Amount		$ 129,913	[1]	$ 143,238
Derivative Liability, Notional Amount		109,764	[1]	106,467
Credit Risk Contract [Member]
Derivative Asset, Notional Amount		5		4
Derivative Liability, Notional Amount		17		11
Other Contract [Member] | Visa Interest [Member]
Derivative Liability, Notional Amount		49		49
Derivative Financial Instruments, Liabilities [Member] | Visa Interest [Member]
Number Of Shares Sold To Selected Financial Institutions	3.2
Interest rate futures [Member] | Mortgage Servicing Rights [Member]
Derivative Liability, Notional Amount		2,000		16,600
Interest rate futures [Member] | Loans Held-For-Sale [Member]
Derivative Asset, Notional Amount		330		190
Interest rate futures [Member] | Other Trading [Member]
Derivative Asset, Notional Amount		9,700		9,800
Equity Futures [Member] | Equity Contract [Member]
Derivative Asset, Notional Amount		$ 1,337		$ 1,222

[1] For centrally-cleared derivatives, notional amounts are presented based on the fair value of the related derivative asset or derivative liability after applying variation margin.

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Derivative Financial Instruments Netting of Financial Instruments - Derivatives (Details) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset		$ 3,074	$ 3,904
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement		3,074	3,904
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset		2,417	3,102
Derivative Asset	[1]	657	802
Derivative, Collateral, Obligation to Return Securities		18	28
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		639	774
Derivative Liability, Fair Value, Gross Liability		3,505	4,442
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement		3,505	4,442
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset		2,925	4,034
Derivative Liability	[2]	580	408
Derivative, Collateral, Right to Reclaim Securities		34	27
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		546	381
Derivatives Subject to Master Netting Arrangement or Similar Arrangement [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset		2,805	3,491
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset		2,279	2,923
Derivative Asset		526	568
Derivative, Collateral, Obligation to Return Securities		18	28
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		508	540
Derivative Liability, Fair Value, Gross Liability		3,253	4,128
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset		2,787	3,855
Derivative Liability		466	273
Derivative, Collateral, Right to Reclaim Securities		34	27
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		432	246
Derivatives Not Subject to Master Netting Arrangement or Similar Arrangement [Member] [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset		17	18
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset		0	0
Derivative Asset		17	18
Derivative, Collateral, Obligation to Return Securities		0	0
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		17	18
Derivative Liability, Fair Value, Gross Liability		114	130
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset		0	0
Derivative Liability		114	130
Derivative, Collateral, Right to Reclaim Securities		0	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		114	130
Exchange Traded [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset		252	395
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset		138	179
Derivative Asset		114	216
Derivative, Collateral, Obligation to Return Securities		0	0
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		114	216
Derivative Liability, Fair Value, Gross Liability		138	184
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset		138	179
Derivative Liability		0	5
Derivative, Collateral, Right to Reclaim Securities		0	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		$ 0	$ 5

[1] At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

[2] At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

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Derivative Financial Instruments Netting of Financial Instruments - Derivatives (Additional Information) (Details) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Derivative Asset	[1]	$ 657	$ 802
Derivative Asset, Collateral, Obligation to Return Cash, Offset		408	371
Derivative Liability	[2]	580	408
Derivative Liability, Collateral, Right to Reclaim Cash, Offset		916	1,303
Trading Securities [Member]
Derivative [Line Items]
Derivative Asset		657	802
Trading Liabilities [Member]
Derivative [Line Items]
Derivative Liability		$ 580	$ 408

[1] At March 31, 2018, $657 million, net of $408 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $802 million, net of $371 million offsetting cash collateral, is recognized in Trading assets and derivative instruments within the Company's Consolidated Balance Sheets.

[2] At March 31, 2018, $580 million, net of $916 million offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets. At December 31, 2017, $408 million, net of $1.3 billion offsetting cash collateral, is recognized in Trading liabilities and derivative instruments within the Company's Consolidated Balance Sheets.

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Derivative Financial Instruments Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Interest and fees on loans		$ 1,398	$ 1,289
Interest Expense, Long-term Debt		(74)	(70)
Interest on deposits		(131)	(80)
Total Amounts of Line Items Presented in the Consolidated Statements of Income		1,193
Fair Value Hedging [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts Related to Interest Settlements on Derivatives		3
Derivative, Gain (Loss) on Derivative, Net		(72)
Gain (Loss) on Fair Value Hedges Recognized in Earnings		69
Net Income (Expense) Recognized on Hedges		0
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Other Trading [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net			(11)
Gain (Loss) on Fair Value Hedges Recognized in Earnings			13
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net			2
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Long-term Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts Related to Interest Settlements on Derivatives		3
Derivative, Gain (Loss) on Derivative, Net		(72)
Gain (Loss) on Fair Value Hedges Recognized in Earnings	[1]	69
Net Income (Expense) Recognized on Hedges		0
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Long-term Debt [Member] | Other Trading [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	[2]		(11)
Gain (Loss) on Fair Value Hedges Recognized in Earnings	[2]		13
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net	[2]		2
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Brokered Time Deposits [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts Related to Interest Settlements on Derivatives		0
Derivative, Gain (Loss) on Derivative, Net		0
Gain (Loss) on Fair Value Hedges Recognized in Earnings		0
Net Income (Expense) Recognized on Hedges		0
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Brokered Time Deposits [Member] | Other Trading [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	[2]		0
Gain (Loss) on Fair Value Hedges Recognized in Earnings	[2]		0
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net	[2]		0
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Loans Held-For-Investment [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts Related to Interest Settlements on Derivatives		0
Derivative, Gain (Loss) on Derivative, Net		0
Gain (Loss) on Fair Value Hedges Recognized in Earnings		0
Net Income (Expense) Recognized on Hedges		0
Cash Flow Hedging [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net			(5)
Net Income (Expense) Recognized on Hedges		(5)
Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Long-term Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net			0
Net Income (Expense) Recognized on Hedges		0
Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Brokered Time Deposits [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net			0
Net Income (Expense) Recognized on Hedges		0
Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Loans Held-For-Investment [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	[3]		(5)
Net Income (Expense) Recognized on Hedges		(5)
Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Loans Held-For-Investment [Member] | Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	[4]		23
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	[4]	$ (165)	$ (25)

[1] Includes $2 million of amortization expense from de-designated fair value hedging relationships.

[2] Amounts are recognized in Trading income in the Consolidated Statements of Income.

[3] During the three months ended March 31, 2018, the Company also reclassified $4 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

[4] During the three months ended March 31, 2017, the Company also reclassified $18 million of pre-tax gains from AOCI into Net interest income relating to hedging relationships that have been terminated and are reclassified into earnings consistent with the pattern of net cash flows expected to be recognized.

XML

Derivative Financial Instruments Derivative Instruments, Gain (Loss) (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Amortization Expense Related to De-Designated Fair Value Hedging Relationships	$ 2
Derivative Liability, Fair Value, Gross Liability	3,505		$ 4,442
Terminated or dedesignated hedges [Member] | Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 4	$ 18

XML

Derivative Financial Instruments Hedged Items in Fair Value Hedging Relationships (Details) - Fair Value Hedging [Member]	3 Months Ended
	Mar. 31, 2018 USD ($)
Long-term Debt [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Carrying Amount of Assets	$ 5,658,000,000
Long-term Debt [Member] | Designated as Hedging Instrument [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Hedged Asset, Cumulative Basis Adjustment	(148,000,000)
Long-term Debt [Member] | Not Designated as Hedging Instrument [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Hedged Asset, Cumulative Basis Adjustment	(41,000,000)
Brokered Time Deposits [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Carrying Amount of Assets	29,000,000
Brokered Time Deposits [Member] | Designated as Hedging Instrument [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Hedged Asset, Cumulative Basis Adjustment	0
Brokered Time Deposits [Member] | Not Designated as Hedging Instrument [Member]
Hedged Items in Fair Value Hedging Relationships [Line Items]
Hedged Asset, Cumulative Basis Adjustment	$ 0

XML

Derivative Financial Instruments Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) (Details) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (36)	$ 25
Interest Rate Contract [Member] | Mortgage Servicing Income [Member] | Mortgage Servicing Rights [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(93)	(18)
Interest Rate Contract [Member] | Mortgage Production Income [Member] | Loans Held-For-Sale [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	46	(15)
Interest Rate Contract [Member] | Other Income [Member] | Loans Held-For-Investment [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	2	0
Interest Rate Contract [Member] | Other Trading [Member] | Other Trading [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	9	11
Foreign Exchange Contract [Member] | Other Trading [Member] | Other Trading [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(2)	(6)
Credit Risk Contract [Member] | Other Income [Member] | Loans Held-For-Investment [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	1	(1)
Credit Risk Contract [Member] | Other Trading [Member] | Other Trading [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	6	5
Equity Contract [Member] | Other Trading [Member] | Other Trading [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	1	0
Other Contract [Member] | Other Trading [Member] | Commodity Contract [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	0	1
Other Contract [Member] | Mortgage Production and Commercial Real Estate Related Income [Member] | Interest Rate Lock Commitments [Member]
Derivative Instruments not Designated as Hedging Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (6)	$ 48

XML

Fair Value Measurement and Election - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Transfer of Portfolio Loans and Leases to Held-for-sale	$ 204	$ 60
Loans Receivable, Fair Value Disclosure	188		$ 196
Unfunded loan commitments and letters of credit	68,300		66,400
Allowance for unfunded loan commitments and letters of credit	73		84
Total Return Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Loans Receivable, Fair Value Disclosure	1,700		1,700
Interest Rate Lock Commitments [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	(6)	$ 36
Trading Account Assets [Member] | SBA Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Loans Receivable, Fair Value Disclosure	448		368
Trading Account Assets [Member] | Commercial and Corporate Leveraged Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Loans Receivable, Fair Value Disclosure	74		48
Fair Value, Measurements, Recurring [Member]
Loans Receivable, Fair Value Disclosure	188		196
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Loans Receivable, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Loans Receivable, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Loans Receivable, Fair Value Disclosure	$ 188		$ 196

XML

Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Millions		Mar. 31, 2018		Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities	[1]	$ 5,112		$ 5,093
Available-for-sale Securities	[2],[3]	30,934		30,947	[4]
Loans Held-for-sale, Fair Value Disclosure		1,428		1,577
Loans Receivable, Fair Value Disclosure		188		196
Other Assets, Fair Value Disclosure				56
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		485		608
Available-for-sale Securities		4,340		4,331
Loans Held-for-sale, Fair Value Disclosure		0		0
Other Assets, Fair Value Disclosure		143		56
Trading Liabilities, Fair Value Disclosure		841		769
Long-term Debt, Fair Value		0		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		4,610		4,469
Available-for-sale Securities		26,594		26,544
Loans Held-for-sale, Fair Value Disclosure		2,348		2,239
Other Assets, Fair Value Disclosure		0		0
Trading Liabilities, Fair Value Disclosure		880		498
Long-term Debt, Fair Value		9,631		8,834
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		17		16
Available-for-sale Securities		0		72
Loans Held-for-sale, Fair Value Disclosure		41		54
Other Assets, Fair Value Disclosure		418		418
Trading Liabilities, Fair Value Disclosure		16		16
Long-term Debt, Fair Value		1,112		1,058
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		5,112		5,093
Available-for-sale Securities		30,934	[5]	30,947	[6]
Loans Held-for-sale, Fair Value Disclosure		1,428		1,577
Loans Receivable, Fair Value Disclosure		188		196
Servicing Asset at Fair Value, Amount		1,916		1,710
Other Assets, Fair Value Disclosure		143	[5]	56	[6]
Trading Liabilities, Fair Value Disclosure		1,737		1,283
Long-term Debt, Fair Value		209		530
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		485		608
Available-for-sale Securities		4,340	[5]	4,331	[6]
Loans Held-for-sale, Fair Value Disclosure		0		0
Loans Receivable, Fair Value Disclosure		0		0
Servicing Asset at Fair Value, Amount		0		0
Other Assets, Fair Value Disclosure		143	[5]	56	[6]
Trading Liabilities, Fair Value Disclosure		841		769
Deposits, Fair Value Disclosure		0		0
Long-term Debt, Fair Value		0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		7,027		7,571
Available-for-sale Securities		26,594	[5]	26,544	[6]
Loans Held-for-sale, Fair Value Disclosure		1,428		1,577
Loans Receivable, Fair Value Disclosure		0		0
Servicing Asset at Fair Value, Amount		0		0
Other Assets, Fair Value Disclosure		0	[5]	0	[6]
Trading Liabilities, Fair Value Disclosure		3,805		4,532
Deposits, Fair Value Disclosure		302		236
Long-term Debt, Fair Value		209		530
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		17		16
Available-for-sale Securities		0	[5]	72	[6]
Loans Held-for-sale, Fair Value Disclosure		0		0
Loans Receivable, Fair Value Disclosure		188		196
Servicing Asset at Fair Value, Amount		1,916		1,710
Other Assets, Fair Value Disclosure		0	[5]	0	[6]
Trading Liabilities, Fair Value Disclosure		16		16
Deposits, Fair Value Disclosure		0		0
Long-term Debt, Fair Value		0		0
US Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		182		157
Available-for-sale Securities		4,340		4,331
Trading Liabilities, Fair Value Disclosure		698		577
US Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
Trading Liabilities, Fair Value Disclosure		0		0
US Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
Trading Liabilities, Fair Value Disclosure		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		1
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		0
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		238		395
Available-for-sale Securities		249		259
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		123		61
Available-for-sale Securities		636		617
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		0
Trading Liabilities, Fair Value Disclosure		0		0
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		804		655
Available-for-sale Securities		16		12
Trading Liabilities, Fair Value Disclosure		453		289
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Available-for-sale Securities		0		5
Trading Liabilities, Fair Value Disclosure		0		0
Commercial Paper [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Commercial Paper [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		169		118
Commercial Paper [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		51		56
Trading Liabilities, Fair Value Disclosure		5		9
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Trading Liabilities, Fair Value Disclosure		0		0
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Trading Liabilities, Fair Value Disclosure		0		0
Derivative Financial Instruments, Assets [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		657		802
Derivative Financial Instruments, Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		252		395
Derivative Financial Instruments, Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		2,805		3,493
Derivative Financial Instruments, Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		17		16
Trading Loans [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Trading Loans [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		2,189		2,149
Trading Loans [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		7		0
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		8
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		580		408
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		138		183
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		3,351		4,243
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		16		16
Brokered Time Deposits [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits, Fair Value Disclosure		302		236
Estimate of Fair Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		5,112		5,093
Available-for-sale Securities		30,934		30,947
Loans Held-for-sale, Fair Value Disclosure		2,389		2,293
Other Assets, Fair Value Disclosure		561		474
Trading Liabilities, Fair Value Disclosure		1,737		1,283
Long-term Debt, Fair Value		10,743		9,892
Estimate of Fair Value Measurement [Member] | US Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		182		157
Available-for-sale Securities		4,340		4,331
Trading Liabilities, Fair Value Disclosure		698		577
Estimate of Fair Value Measurement [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		1
Estimate of Fair Value Measurement [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		238		395
Available-for-sale Securities		249		259
Estimate of Fair Value Measurement [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		123		61
Available-for-sale Securities		636		617
Estimate of Fair Value Measurement [Member] | Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		804		655
Available-for-sale Securities		16		17
Trading Liabilities, Fair Value Disclosure		453		289
Estimate of Fair Value Measurement [Member] | Commercial Paper [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		169		118
Estimate of Fair Value Measurement [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		51		56
Trading Liabilities, Fair Value Disclosure		5		9
Estimate of Fair Value Measurement [Member] | Trading Loans [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		2,189		2,149
Estimate of Fair Value Measurement [Member] | Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		7		8
Reported Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		5,112		5,093
Available-for-sale Securities		30,934		30,947
Loans Held-for-sale, Fair Value Disclosure		2,377		2,290
Other Assets, Fair Value Disclosure		561		474
Trading Liabilities, Fair Value Disclosure		1,737		1,283
Long-term Debt, Fair Value		10,692		9,785
Netting [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		(2,417)	[7]	(3,102)	[8]
Trading Liabilities, Fair Value Disclosure		(2,925)	[7]	(4,034)	[8]
Netting [Member] | Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		(2,417)	[7]	(3,102)	[8]
Netting [Member] | Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Liabilities, Fair Value Disclosure		(2,925)	[7]	(4,034)	[8]
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		699		700
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		699		700
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		22,513		22,704
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		22,513		22,704
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		2,242		2,086
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		2,242		2,086
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities		699		700
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Estimate of Fair Value Measurement [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		22,513		22,704
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Estimate of Fair Value Measurement [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		2,242		2,086
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		57		59
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		57		0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		59
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		874		866
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		874		866
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		0		0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Estimate of Fair Value Measurement [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		57		59
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Estimate of Fair Value Measurement [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities		$ 874		$ 866

[1] Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral of $1,248 million and $1,086 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[3] Text selection found with no content.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[5] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[6] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[7] Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

[8] Amounts represent offsetting cash collateral received from, and paid to, the same derivative counterparties, and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists. See Note 15, "Derivative Financial Instruments," for additional information.

XML

Fair Value Option Elected, Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance (Detail) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Loans Receivable, Fair Value Disclosure	$ 188	$ 196
Trading Loans [Member]
Loans Receivable, Fair Value Disclosure	2,189	2,149
Aggregate Unpaid Principal Balance Under the Fair Value Option	(2,142)	(2,111)
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables	47	38
Loans Held-For-Sale [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans Receivable, Fair Value Disclosure		1
Aggregate Unpaid Principal Balance Under the Fair Value Option		(1)
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables		0
Loans Held-For-Sale [Member] | Performing Financial Instruments [Member]
Loans Receivable, Fair Value Disclosure	1,428	1,576
Aggregate Unpaid Principal Balance Under the Fair Value Option	(1,397)	(1,533)
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables	31	43
Loans Held-For-Investment [Member] | Performing Financial Instruments [Member]
Loans Receivable, Fair Value Disclosure	183	192
Aggregate Unpaid Principal Balance Under the Fair Value Option	(190)	(198)
Fair Value, Option, Loans Held as Assets, Aggregate Difference	(7)	(6)
Loans Held-For-Investment [Member] | Nonperforming Financing Receivable [Member]
Loans Receivable, Fair Value Disclosure	5	4
Aggregate Unpaid Principal Balance Under the Fair Value Option	(7)	(6)
Fair Value, Option, Loans Held as Assets, Aggregate Amount in Nonaccrual Status, Aggregated Difference	(2)	(2)
Brokered Time Deposits [Member]
Obligations, Fair Value Disclosure	302	236
Aggregate Unpaid Principal Balance Under the Fair Value Option	(304)	(233)
Fair Value, Option, Aggregate Differences, Long-term Debt Instruments	(2)	3
Long-term Debt [Member]
Obligations, Fair Value Disclosure	209	530
Aggregate Unpaid Principal Balance Under the Fair Value Option	(203)	(517)
Fair Value, Option, Aggregate Differences, Long-term Debt Instruments	$ 6	$ 13

XML

Change in Fair Value of Financial Instruments for which the FVO has been Elected (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017
Trading Loans [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		$ 2	[1]	$ 2	[2]
Trading Loans [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		2		2
Trading Loans [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0	[3]	0	[4]
Trading Loans [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Trading Loans [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Loans Held-For-Sale [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		(13)	[1]	12	[2]
Loans Held-For-Sale [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Loans Held-For-Sale [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		(13)	[3]	12	[4]
Loans Held-For-Sale [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Loans Held-For-Sale [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Loans Held-For-Investment [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	[1]	(2)
Loans Held-For-Investment [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0
Loans Held-For-Investment [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	[3]	0
Loans Held-For-Investment [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0
Loans Held-For-Investment [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		(2)
Mortgage Servicing Rights [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		59	[1]	(23)	[2]
Mortgage Servicing Rights [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Mortgage Servicing Rights [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		3	[3]	1	[4]
Mortgage Servicing Rights [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		56		(24)
Mortgage Servicing Rights [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Brokered Time Deposits [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		7	[1]	1	[2]
Brokered Time Deposits [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		7		1
Brokered Time Deposits [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0	[3]	0	[4]
Brokered Time Deposits [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Brokered Time Deposits [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Long-term Debt [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		3	[1]	6	[2]
Long-term Debt [Member] | Trading Revenue [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		3		6
Long-term Debt [Member] | Mortgage Production Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0	[3]	0	[4]
Long-term Debt [Member] | Mortgage Servicing Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		0		0
Long-term Debt [Member] | Other Income [Member]
Fair Value, Option, Changes in Fair Value, Gain (Loss)		$ 0		$ 0

[1] Changes in fair value for the three months ended March 31, 2018 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, LHFI, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

[2] Changes in fair value for the three months ended March 31, 2017 exclude accrued interest for the period then ended. Interest income or interest expense on trading loans, LHFS, brokered time deposits, and long-term debt that have been elected to be measured at fair value are recognized in Interest income or Interest expense in the Consolidated Statements of Income.

[3] Income related to LHFS does not include income from IRLCs. For the three months ended March 31, 2018, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

[4] Income related to LHFS does not include income from IRLCs. For the three months ended March 31, 2017, income related to residential MSRs includes income recognized upon the sale of loans reported at LOCOM.

XML

Fair Value Election and Measurement Level 3 Significant Unobservable Input Assumptions (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Mar. 31, 2018		Dec. 31, 2017
level 3 fair value assumptions [Line Items]
Available-for-sale Securities	[1],[2]	$ 30,934		$ 30,947	[3]
Loans Receivable, Fair Value Disclosure		188		196
Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities		0		72
Fair Value, Measurements, Recurring [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities		30,934	[4]	30,947	[5]
Loans Receivable, Fair Value Disclosure		188		196
Servicing Asset at Fair Value, Amount		1,916		1,710
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities		0	[4]	72	[5]
Loans Receivable, Fair Value Disclosure		188		196
Servicing Asset at Fair Value, Amount		1,916		1,710
Fair Value, Measurements, Recurring [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Derivative, Fair Value, Net		1	[6]	0	[7]
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities				8
Fair Value, Measurements, Recurring [Member] | Other Debt Obligations [Member] | Cost Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities				5
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Available-for-sale Securities				59
Fair Value, Measurements, Recurring [Member] | Loans Held-For-Investment [Member] | Market Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Loans Receivable, Fair Value Disclosure		5		4
Fair Value, Measurements, Recurring [Member] | Loans Held-For-Investment [Member] | Income Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Loans Receivable, Fair Value Disclosure		$ 183		$ 192
Fair Value, Measurements, Recurring [Member] | Loans Held-For-Investment [Member] | Income Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(0.62%)		(0.62%)
Fair Value Inputs, Prepayment Rate		7.00%		2.00%
Fair Value Inputs, Probability of Default		0.00%		0.00%
Fair Value, Measurements, Recurring [Member] | Loans Held-For-Investment [Member] | Income Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(7.84%)		(7.84%)
Fair Value Inputs, Prepayment Rate		24.00%		34.00%
Fair Value Inputs, Probability of Default		2.00%		5.00%
Fair Value, Measurements, Recurring [Member] | Loans Held-For-Investment [Member] | Income Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(1.81%)		(2.15%)
Fair Value Inputs, Prepayment Rate		13.00%		11.00%
Fair Value Inputs, Probability of Default		0.70%		0.67%
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | Income Approach Valuation Technique [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Servicing Asset at Fair Value, Amount		$ 1,916		$ 1,710
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | Income Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(0.00%)		1.00%
Fair Value Inputs, Prepayment Rate		6.00%		6.00%
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | Income Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(116.00%)		(125.00%)
Fair Value Inputs, Prepayment Rate		33.00%		30.00%
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | Income Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Option Adjusted Spread		(4.00%)		(4.00%)
Fair Value Inputs, Prepayment Rate		13.00%		13.00%
Fair Value, Measurements, Recurring [Member] | Other Assets [Member] | Market Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Pull Through Rate		36.00%		41.00%
Fair Value Inputs, Msr Value		0.41%		0.41%
Fair Value, Measurements, Recurring [Member] | Other Assets [Member] | Market Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Pull Through Rate		100.00%		100.00%
Fair Value Inputs, Msr Value		1.90%		1.90%
Fair Value, Measurements, Recurring [Member] | Other Assets [Member] | Market Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Inputs, Level 3 [Member]
level 3 fair value assumptions [Line Items]
Fair Value Inputs, Pull Through Rate		79.00%		81.00%
Fair Value Inputs, Msr Value		1.20%		1.13%

[1] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[2] Text selection found with no content.

[3] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[5] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

[6] Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

[7] Amount represents the net of IRLC assets and liabilities and includes the derivative liability associated with the Company's sale of Visa shares. Refer to the "Trading Liabilities and Derivative Instruments" section herein for a discussion of valuation assumptions related to the Visa derivative liability.

XML

Reconciliation of the Beginning and Ending Balances for Fair Valued Assets and Liabilities Measured on a Recurring Basis Using Significant Unobservable Inputs (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017		Dec. 31, 2017	Dec. 31, 2016
Derivative contracts, net [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		$ 1		$ 17		$ 0	$ 6
Included in earnings		(6)	[1]	48	[2]
OCI		0		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		1		(1)
Transfers to other balance sheet line items		6		(36)
Transfers into Level 3		0		0
Transferred Out of Level 3 in The Fair Value Hierarchy		0		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		16	[1],[3]	30	[2],[4]
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value				4			4
Included in earnings				0
OCI				0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases				0
Sales				0
Settlements				0
Transfers to other balance sheet line items				0
Transfers into Level 3				0
Transferred Out of Level 3 in The Fair Value Hierarchy				0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income				0
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		0		71		59	74
Included in earnings		0		0
OCI		0		1	[5]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		2		2
Transfers to other balance sheet line items		0		0
Transfers into Level 3		0		0
Transferred Out of Level 3 in The Fair Value Hierarchy		(57)		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		0		0
Asset-backed Securities [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		0		9		8	10
Included in earnings		0		0
OCI		0		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		1		1
Transfers to other balance sheet line items		0		0
Transfers into Level 3		0		0
Transferred Out of Level 3 in The Fair Value Hierarchy		(7)		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		0		0
Corporate Debt Securities [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		0		5		5	5
Included in earnings		0		0
OCI		0		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		0		0
Transfers to other balance sheet line items		0		0
Transfers into Level 3		0		0
Transferred Out of Level 3 in The Fair Value Hierarchy		(5)		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		0		0
Available-for-sale Securities [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		0		89		72	93
Included in earnings		0		0
OCI		0		1	[5]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		3		3
Transfers to other balance sheet line items		0		0
Transfers into Level 3		0		0
Transferred Out of Level 3 in The Fair Value Hierarchy		(69)		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		0		0
Residential Mortgage, Loans Held For Sale [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value				6			12
Included in earnings				0
OCI				0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases				0
Sales				(14)
Settlements				0
Transfers to other balance sheet line items				(2)
Transfers into Level 3				10
Transferred Out of Level 3 in The Fair Value Hierarchy				0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income	[4]			0
Loans Held-For-Investment [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		188		221		$ 196	$ 222
Included in earnings		(2)	[6]	0
OCI		0		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases		0		0
Sales		0		0
Settlements		7		6
Transfers to other balance sheet line items		0		(1)
Transfers into Level 3		1		4
Transferred Out of Level 3 in The Fair Value Hierarchy		0		0
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income		$ (3)	[3],[6]	$ 0	[4]

[1] Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income, amount related to commercial IRLCs is recognized in Commercial real estate related income, and amount related to Visa derivative liability is recognized in Other noninterest expense.

[2] Includes issuances, fair value changes, and expirations. Amount related to residential IRLCs is recognized in Mortgage production related income and amount related to Visa derivative liability is recognized in Other noninterest expense.

[3] Change in unrealized gains/(losses) included in earnings during the period related to financial assets still held at March 31, 2018.

[4] Change in unrealized gains included in earnings during the period related to financial assets still held at March 31, 2017.

[5] Amounts recognized in OCI are included in change in net unrealized losses on securities AFS, net of tax.

[6] Amounts are generally included in Mortgage production related income; however, the mark on certain fair value loans is included in Other noninterest income.

XML

Carrying Value of Those Assets Measured at Fair Value on a Non-Recurring Basis (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Comprehensive Income (Loss), Unrealized Credit Risk Gain (Loss) on Long-term Debt Arising During Period, Net of Tax	$ 2	$ (1)
Transfer of Portfolio Loans and Leases to Held-for-sale	204	60
Allowance for Loan and Lease Losses, Write-offs	106	$ 146
Loans Held-For-Sale [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	13		$ 13
Asset Impairment Charges	0		0
Loans Held-For-Sale [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Loans Held-For-Sale [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	13		13
Loans Held-For-Sale [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Loans Held-For-Investment [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	48		49
Asset Impairment Charges	0		0
Loans Held-For-Investment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Loans Held-For-Investment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Loans Held-For-Investment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	48		49
Other Real Estate Owned [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	23		24
Asset Impairment Charges	(2)		(4)
Other Real Estate Owned [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Other Real Estate Owned [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		1
Other Real Estate Owned [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	23		23
Other Assets [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	41		53
Asset Impairment Charges			(43)
Assets, Fair Value Adjustment	15
Other Assets [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0		0
Other Assets [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	31		4
Other Assets [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	10		49
Other Assets [Member] | Software and Software Development Costs [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	(8)		(28)
Other Assets [Member] | Security Owned Not Readily Marketable, Name [Domain]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	0
Assets, Fair Value Adjustment	23
Other Assets [Member] | Security Owned Not Readily Marketable, Name [Domain] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Adjustment	23
Other Assets [Member] | Building [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	$ 0		$ (10)

XML

Carrying Amounts and Fair Values of the Company's Financial Instruments (Detail) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Financial assets
Trading Securities	[1]	$ 5,112	$ 5,093
Available-for-sale Securities	[2],[3]	30,934	30,947	[4]
Loans Held-for-sale, Fair Value Disclosure		1,428	1,577
Other Assets, Fair Value Disclosure			56
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and Cash Equivalents, Fair Value Disclosure		7,304	6,912
Trading Securities		485	608
Available-for-sale Securities		4,340	4,331
Loans Held-for-sale, Fair Value Disclosure		0	0
Loans Net Fair Value Disclosure		0	0
Other Assets, Fair Value Disclosure		143	56
Financial liabilities
Consumer And Commercial Deposits, Fair Value Disclosure		0	0
Short-term Debt, Fair Value		0	0
Long-term Debt, Fair Value		0	0
Trading liabilities		841	769
Fair Value, Inputs, Level 2 [Member]
Financial assets
Cash and Cash Equivalents, Fair Value Disclosure		0	0
Trading Securities		4,610	4,469
Available-for-sale Securities		26,594	26,544
Loans Held-for-sale, Fair Value Disclosure		2,348	2,239
Loans Net Fair Value Disclosure		0	0
Other Assets, Fair Value Disclosure		0	0
Financial liabilities
Consumer And Commercial Deposits, Fair Value Disclosure		13,478	11,906
Short-term Debt, Fair Value		3,572	4,781
Long-term Debt, Fair Value		9,631	8,834
Trading liabilities		880	498
Fair Value, Inputs, Level 3 [Member]
Financial assets
Cash and Cash Equivalents, Fair Value Disclosure		0	0
Trading Securities		17	16
Available-for-sale Securities		0	72
Loans Held-for-sale, Fair Value Disclosure		41	54
Loans Net Fair Value Disclosure		141,174	141,575
Other Assets, Fair Value Disclosure		418	418
Financial liabilities
Consumer And Commercial Deposits, Fair Value Disclosure		0	0
Short-term Debt, Fair Value		0	0
Long-term Debt, Fair Value		1,112	1,058
Trading liabilities		16	16
Reported Value Measurement [Member]
Financial assets
Cash and Cash Equivalents, Fair Value Disclosure		7,304	6,912
Trading Securities		5,112	5,093
Available-for-sale Securities		30,934	30,947
Loans Held-for-sale, Fair Value Disclosure		2,377	2,290
Loans Net Fair Value Disclosure		140,924	141,446
Other Assets, Fair Value Disclosure		561	474
Financial liabilities
Consumer And Commercial Deposits, Fair Value Disclosure		13,715	12,076
Short-term Debt, Fair Value		3,572	4,781
Long-term Debt, Fair Value		10,692	9,785
Trading liabilities		1,737	1,283
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial assets
Cash and Cash Equivalents, Fair Value Disclosure		7,304	6,912
Trading Securities		5,112	5,093
Available-for-sale Securities		30,934	30,947
Loans Held-for-sale, Fair Value Disclosure		2,389	2,293
Loans Net Fair Value Disclosure		141,174	141,575
Other Assets, Fair Value Disclosure		561	474
Financial liabilities
Consumer And Commercial Deposits, Fair Value Disclosure		13,478	11,906
Short-term Debt, Fair Value		3,572	4,781
Long-term Debt, Fair Value		10,743	9,892
Trading liabilities		$ 1,737	$ 1,283

[1] Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral of $1,248 million and $1,086 million at March 31, 2018 and December 31, 2017, respectively.

[2] Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral of $214 million and $223 million at March 31, 2018 and December 31, 2017, respectively.

[3] Text selection found with no content.

[4] Beginning January 1, 2018, the Company reclassified equity securities previously presented in Securities available for sale to Other assets on the Consolidated Balance Sheets. Reclassifications have been made to previously reported amounts for comparability. See Note 9, "Other Assets," for additional information.

XML

Contingencies - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2018 USD ($)
Document Period End Date	Mar. 31, 2018
Minimum [Member]
Aggregate range of reasonably possible losses on legal matters in excess of the accrued liability	$ 0
Maximum [Member]
Aggregate range of reasonably possible losses on legal matters in excess of the accrued liability	160
ERISA Class Action [Member]
Loss Contingency, Damages Awarded, Value	5
Cash payment for litigation [Member] | Potential Mortgage Servicing Settlement and Claims [Member]
Loss Contingency, Damages Awarded, Value	50
Consumer relief obligation [Member] | Potential Mortgage Servicing Settlement and Claims [Member]
Loss Contingency, Damages Awarded, Value	$ 500

XML

Business Segment Reporting (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2018 USD ($) segments		Mar. 31, 2017 USD ($)	[1],[2]
Number of Operating Segments | segments	2
Average Total Loans Held for Investment	$ 142,920		$ 143,670
Average Total Deposits	159,169		158,874
Average Total Assets	204,132		204,252
Average Total Liabilities	179,527		180,581
Average Total Equity	24,605		23,671
Interest Income (Expense), Net	1,441		1,366
Fully Taxable Equivalent Adjustment	20		34
Net Interest Income Including Fully Taxable Equivalent Adjustment	1,461	[3]	1,400	[4]
Provision for Loan, Lease, and Other Losses	28	[5]	119	[6]
Net Interest Income After Provision For Credit Losses and Taxable Equivalent Adjustment	1,433		1,281
Noninterest Income	796	[7]	847	[8]
Noninterest Expense	1,417		1,465
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	812		663
Income Tax Expense (Benefit) Including Fully Taxable Equivalent Adjustment Reversal	167	[9]	193
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	645		470
Net Income (Loss) Attributable to Noncontrolling Interest	2		2
Net Income (Loss) Attributable to Parent	643		468
Consumer [Member]
Average Total Loans Held for Investment	74,093		71,147
Average Total Deposits	103,099		101,941
Average Total Assets	83,716		81,265
Average Total Liabilities	103,925		102,896
Average Total Equity	0		0
Interest Income (Expense), Net	961		894
Fully Taxable Equivalent Adjustment	0		0
Net Interest Income Including Fully Taxable Equivalent Adjustment	961	[3]	894	[4]
Provision for Loan, Lease, and Other Losses	60	[5]	88	[6]
Net Interest Income After Provision For Credit Losses and Taxable Equivalent Adjustment	901		806
Noninterest Income	443		464
Noninterest Expense	966		992
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	378		278
Income Tax Expense (Benefit) Including Fully Taxable Equivalent Adjustment Reversal	83	[9]	100
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	295		178
Net Income (Loss) Attributable to Noncontrolling Interest	0		0
Net Income (Loss) Attributable to Parent	295		178
Wholesale [Member]
Average Total Loans Held for Investment	68,741		71,237
Average Total Deposits	56,050		56,866
Average Total Assets	82,472		84,632
Average Total Liabilities	61,902		62,512
Average Total Equity	0		0
Interest Income (Expense), Net	563		527
Fully Taxable Equivalent Adjustment	20		34
Net Interest Income Including Fully Taxable Equivalent Adjustment	583	[3]	561	[4]
Provision for Loan, Lease, and Other Losses	(32)	[5]	32	[6]
Net Interest Income After Provision For Credit Losses and Taxable Equivalent Adjustment	615		529
Noninterest Income	371		401
Noninterest Expense	477		479
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	509		451
Income Tax Expense (Benefit) Including Fully Taxable Equivalent Adjustment Reversal	119	[9]	168
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	390		283
Net Income (Loss) Attributable to Noncontrolling Interest	0		0
Net Income (Loss) Attributable to Parent	390		283
Corporate Other [Member]
Average Total Loans Held for Investment	90		1,286
Average Total Deposits	204		117
Average Total Assets	35,489		35,241
Average Total Liabilities	13,877		15,196
Average Total Equity	0		0
Interest Income (Expense), Net	(28)		26
Fully Taxable Equivalent Adjustment	1		1
Net Interest Income Including Fully Taxable Equivalent Adjustment	(27)	[3]	27	[4]
Provision for Loan, Lease, and Other Losses	0	[5]	0	[6]
Net Interest Income After Provision For Credit Losses and Taxable Equivalent Adjustment	(27)		27
Noninterest Income	14		24
Noninterest Expense	(21)		(2)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	8		53
Income Tax Expense (Benefit) Including Fully Taxable Equivalent Adjustment Reversal	9	[9]	(6)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(1)		59
Net Income (Loss) Attributable to Noncontrolling Interest	2		2
Net Income (Loss) Attributable to Parent	(3)		57
Reconciling Items
Average Total Loans Held for Investment	(4)		0
Average Total Deposits	(184)		(50)
Average Total Assets	2,455		3,114
Average Total Liabilities	(177)		(23)
Average Total Equity	24,605		23,671
Interest Income (Expense), Net	(55)		(81)
Fully Taxable Equivalent Adjustment	(1)		(1)
Net Interest Income Including Fully Taxable Equivalent Adjustment	(56)	[3]	(82)	[4]
Provision for Loan, Lease, and Other Losses	0	[5]	(1)	[6]
Net Interest Income After Provision For Credit Losses and Taxable Equivalent Adjustment	(56)		(81)
Noninterest Income	(32)		(42)
Noninterest Expense	(5)		(4)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(83)		(119)
Income Tax Expense (Benefit) Including Fully Taxable Equivalent Adjustment Reversal	(44)	[9]	(69)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(39)		(50)
Net Income (Loss) Attributable to Noncontrolling Interest	0		0
Net Income (Loss) Attributable to Parent	$ (39)		$ (50)

[1] Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the three months ended March 31, 2017 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.

[2] During the fourth quarter of 2017, the Company sold PAC, the results of which were previously reported within the Wholesale business segment. For all periods prior to January 1, 2018, PAC's financial results, including the gain on sale, have been transferred to Corporate Other for enhanced comparability of the Wholesale business segment excluding PAC.

[3] Presented on a matched maturity funds transfer price basis for the segments.

[4] Presented on a matched maturity funds transfer price basis for the segments.

[5] Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

[6] Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

[7] Amounts are presented in accordance with ASC Topic 606, Revenue from Contracts with Customers.

[8] Amounts for periods prior to January 1, 2018 are presented in accordance with ASC Topic 605, Revenue Recognition, and have not been restated to conform with ASC Topic 606, Revenue from Contracts with Customers.

[9] Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

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Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax		$ (396)	$ (60)	$ (1)	$ (62)
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax		(424)	(199)	(244)	(157)
Accumulated Other Comprehensive Income (Loss), Brokered Time Deposits, net of tax		0	(1)	(1)	(1)
Accumulated Other Comprehensive Income (Loss), Long-term Debt, Net of Tax		(3)	(8)	(4)	(7)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax		(699)	(599)	(570)	(594)
Accumulated Other Comprehensive Income (Loss), Net of Tax		(1,522)	(867)	$ (820)	$ (821)
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[1]	(10)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax		(424)	2
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax		(125)	(16)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Brokered Time Deposits Arising During Period, Net of Tax		1	0
Other Comprehensive Income (Loss), Unrealized Credit Risk Gain (Loss) on Long-term Debt Arising During Period, Net of Tax		2	(1)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax		(5)	(9)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax		(551)	(24)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax		(1)	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax		1	(26)
Other Comprehensive Income (Loss), Reclassification from AOCI on Brokered Time Deposits, Net of Tax		0	0
Other Comprehensive Income Loss Reclassfication Adjustment From AOCI on Long Term Debt, Net of Tax		0	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, after Tax		3	4
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		3	(22)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax		(425)	2
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax		(124)	(42)
Other Comprehensive Income (Loss), Brokered Time Deposits, Net of Tax		1	0
Other Comprehensive Income (Loss), Long Term Debt, Adjustment, Net of Tax		(2)	1
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax		2	5
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		(548)	$ (46)
AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[1],[2]	(154)
Available-for-sale Securities [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[2]	30
Derivative [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[2]	(56)
Brokered Time Deposits [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[2]	0
Long-term Debt [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[2]	(1)
Defined Benefit Plan [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	[2]	$ (127)

[1] Related to the Company's adoption of ASU 2014-09, ASU 2016-01, ASU 2017-12, and ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

[2] Related to the Company's adoption of ASU 2018-02 on January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.

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Accumulated Other Comprehensive Income Reclassifications out of AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax	$ 1	$ 0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	0	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	1	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	(1)	41
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Tax	0	15
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	(1)	26
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, before Tax	(2)	(1)
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Actuarial Gain (Loss), Before Tax	(6)	(6)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, before Tax	4	5
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax	1	1
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, after Tax	3	4
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$ 3	$ (22)