XML 132 R113.htm IDEA: XBRL DOCUMENT v3.8.0.1
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.