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Business Segment Reporting Business Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Business Segment Reporting [Table Text Block]
 
Three Months Ended September 30, 2018
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$75,414

 

$70,485

 

$96

 

$—

 

$145,995

Average consumer and commercial deposits
111,930

 
47,773

 
212

 
(567
)
 
159,348

Average total assets
86,112

 
84,766

 
35,612

 
905

 
207,395

Average total liabilities
112,879

 
54,284

 
16,481

 
(524
)
 
183,120

Average total equity
—

 
—

 
—

 
24,275

 
24,275

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$1,079

 

$550

 

($49
)
 

($68
)
 

$1,512

FTE adjustment
—

 
22

 
1

 
(1
)
 
22

Net interest income-FTE 1
1,079

 
572

 
(48
)
 
(69
)
 
1,534

Provision for credit losses 2
36

 
25

 
—

 
—

 
61

Net interest income after provision for credit losses-FTE
1,043

 
547

 
(48
)
 
(69
)
 
1,473

Total noninterest income
445

 
373

 
10

 
(46
)
 
782

Total noninterest expense
994

 
433

 
(38
)
 
(5
)
 
1,384

Income before provision for income taxes-FTE
494

 
487

 
—

 
(110
)
 
871

Provision for income taxes-FTE 3
113

 
115

 
(52
)
 
(59
)
 
117

Net income including income attributable to noncontrolling interest
381

 
372

 
52

 
(51
)
 
754

Net income attributable to noncontrolling interest
—

 
—

 
2

 
—

 
2

Net income

$381

 

$372

 

$50

 

($51
)
 

$752

1 Presented on a matched maturity funds transfer price basis for the segments.
2 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.
3 Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.


 
 Three Months Ended September 30, 2017 1, 2
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$74,742

 

$68,568

 

$1,399

 

($3
)
 

$144,706

Average consumer and commercial deposits
109,774

 
49,515

 
189

 
(59
)
 
159,419

Average total assets
84,345

 
82,573

 
36,286

 
2,534

 
205,738

Average total liabilities
110,713

 
55,054

 
15,406

 
(8
)
 
181,165

Average total equity
—

 
—

 
—

 
24,573

 
24,573

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$999

 

$511

 

($5
)
 

($75
)
 

$1,430

FTE adjustment
—

 
36

 
1

 
—

 
37

Net interest income-FTE 3
999

 
547

 
(4
)
 
(75
)
 
1,467

Provision/(benefit) for credit losses 4
140

 
(19
)
 
—

 
(1
)
 
120

Net interest income after provision/(benefit) for credit losses-FTE
859

 
566

 
(4
)
 
(74
)
 
1,347

Total noninterest income
482

 
397

 
19

 
(52
)
 
846

Total noninterest expense
927

 
421

 
48

 
(5
)
 
1,391

Income before provision for income taxes-FTE
414

 
542

 
(33
)
 
(121
)
 
802

Provision for income taxes-FTE 5
150

 
201

 
(18
)
 
(71
)
 
262

Net income including income attributable to noncontrolling interest
264

 
341

 
(15
)
 
(50
)
 
540

Net income attributable to noncontrolling interest
—

 
—

 
2

 
—

 
2

Net income

$264

 

$341

 

($17
)
 

($50
)
 

$538

1 
During the second quarter of 2018, certain of the Company's business banking clients were transferred from the Wholesale business segment to the Consumer business segment. For all periods prior to the second quarter of 2018, the corresponding financial results have been transferred to the Consumer business segment for comparability purposes.
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/(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.
5 
Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

 
Nine Months Ended September 30, 2018
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$75,122

 

$69,155

 

$93

 

($2
)
 

$144,368

Average consumer and commercial deposits
111,025

 
48,259

 
205

 
(330
)
 
159,159

Average total assets
85,124

 
83,001

 
35,563

 
1,682

 
205,370

Average total liabilities
111,928

 
54,383

 
15,038

 
(303
)
 
181,046

Average total equity
—

 
—

 
—

 
24,324

 
24,324

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,144

 

$1,605

 

($120
)
 

($189
)
 

$4,440

FTE adjustment
—

 
63

 
2

 
—

 
65

Net interest income-FTE 1
3,144

 
1,668

 
(118
)
 
(189
)
 
4,505

Provision for credit losses 2
101

 
19

 
—

 
1

 
121

Net interest income after provision for credit losses-FTE
3,043

 
1,649

 
(118
)
 
(190
)
 
4,384

Total noninterest income
1,349

 
1,124

 
50

 
(115
)
 
2,408

Total noninterest expense
2,995

 
1,307

 
(95
)
 
(16
)
 
4,191

Income before provision for income taxes-FTE
1,397

 
1,466

 
27

 
(289
)
 
2,601

Provision for income taxes-FTE 3
316

 
346

 
(29
)
 
(156
)
 
477

Net income including income attributable to noncontrolling interest
1,081

 
1,120

 
56

 
(133
)
 
2,124

Less: Net income attributable to noncontrolling interest
—

 
—

 
7

 
—

 
7

Net income

$1,081

 

$1,120

 

$49

 

($133
)
 

$2,117

1 Presented on a matched maturity funds transfer price basis for the segments.
2 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.
3 Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.


 
 Nine Months Ended September 30, 2017 1, 2
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$73,613

 

$69,303

 

$1,362

 

($2
)
 

$144,276

Average consumer and commercial deposits
109,301

 
49,724

 
149

 
(29
)
 
159,145

Average total assets
83,310

 
82,916

 
35,903

 
2,704

 
204,833

Average total liabilities
110,264

 
55,322

 
15,110

 
6

 
180,702

Average total equity
—

 
—

 
—

 
24,131

 
24,131

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$2,915

 

$1,490

 

$29

 

($235
)
 

$4,199

FTE adjustment
—

 
105

 
2

 
—

 
107

Net interest income-FTE 3
2,915

 
1,595

 
31

 
(235
)
 
4,306

Provision for credit losses 4
310

 
19

 
—

 
1

 
330

Net interest income after provision for credit losses-FTE
2,605

 
1,576

 
31

 
(236
)
 
3,976

Total noninterest income
1,427

 
1,169

 
59

 
(135
)
 
2,520

Total noninterest expense
2,939

 
1,284

 
34

 
(14
)
 
4,243

Income before provision for income taxes-FTE
1,093

 
1,461

 
56

 
(357
)
 
2,253

Provision for income taxes-FTE 5
395

 
544

 
(11
)
 
(215
)
 
713

Net income including income attributable to noncontrolling interest
698

 
917

 
67

 
(142
)
 
1,540

Less: Net income attributable to noncontrolling interest
—

 
—

 
7

 
—

 
7

Net income

$698

 

$917

 

$60

 

($142
)
 

$1,533


1 
During the second quarter of 2018, certain of the Company's business banking clients were transferred from the Wholesale business segment to the Consumer business segment. For all periods prior to the second quarter of 2018, the corresponding financial results have been transferred to the Consumer business segment for comparability purposes.
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.