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Business Segment Reporting Business Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Business Segment Reporting [Table Text Block]
 
Year Ended December 31, 2018
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$75,427

 

$70,200

 

$89

 

($2
)
 

$145,714

Average consumer and commercial deposits
111,235

 
48,675

 
216

 
(358
)
 
159,768

Average total assets
85,509

 
84,413

 
35,630

 
1,725

 
207,277

Average total liabilities
112,173

 
55,098

 
16,100

 
(304
)
 
183,067

Average total equity
—

 
—

 
—

 
24,210

 
24,210

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$4,235

 

$2,184

 

($190
)
 

($242
)
 

$5,987

FTE adjustment
—

 
86

 
2

 
—

 
88

Net interest income-FTE 1
4,235

 
2,270

 
(188
)
 
(242
)
 
6,075

Provision for credit losses 2
148

 
60

 
—

 
—

 
208

Net interest income after provision for credit losses-FTE
4,087

 
2,210

 
(188
)
 
(242
)
 
5,867

Total noninterest income
1,804

 
1,534

 
57

 
(169
)
 
3,226

Total noninterest expense
4,017

 
1,720

 
(42
)
 
(22
)
 
5,673

Income before provision for income taxes-FTE
1,874

 
2,024

 
(89
)
 
(389
)
 
3,420

Provision for income taxes-FTE 3
424

 
479

 
(61
)
 
(206
)
 
636

Net income including income attributable to noncontrolling interest
1,450

 
1,545

 
(28
)
 
(183
)
 
2,784

Less: Net income attributable to noncontrolling interest
—

 
—

 
9

 
—

 
9

Net income

$1,450

 

$1,545

 

($37
)
 

($183
)
 

$2,775

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.


 
 Year Ended December 31, 2017 1, 2
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$73,578

 

$69,394

 

$1,247

 

($3
)
 

$144,216

Average consumer and commercial deposits
109,298

 
50,155

 
160

 
(64
)
 
159,549

Average total assets
83,278

 
83,091

 
35,931

 
2,631

 
204,931

Average total liabilities
110,271

 
55,762

 
14,626

 
(29
)
 
180,630

Average total equity
—

 
—

 
—

 
24,301

 
24,301

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,906

 

$2,029

 

$14

 

($316
)
 

$5,633

FTE adjustment
—

 
142

 
3

 
—

 
145

Net interest income-FTE 3
3,906

 
2,171

 
17

 
(316
)
 
5,778

Provision for credit losses 4
366

 
39

 
4

 
—

 
409

Net interest income after provision for credit losses-FTE
3,540

 
2,132

 
13

 
(316
)
 
5,369

Total noninterest income
1,905

 
1,573

 
73

 
(197
)
 
3,354

Total noninterest expense
3,982

 
1,727

 
74

 
(19
)
 
5,764

Income before provision for income taxes-FTE
1,463

 
1,978

 
12

 
(494
)
 
2,959

Provision for income taxes-FTE 5
529

 
736

 
(292
)
 
(296
)
 
677

Net income including income attributable to noncontrolling interest
934

 
1,242

 
304

 
(198
)
 
2,282

Less: Net income attributable to noncontrolling interest
—

 
—

 
9

 
—

 
9

Net income

$934

 

$1,242

 

$295

 

($198
)
 

$2,273


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.

 
 Year Ended December 31, 2016 1, 2
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$70,455

 

$69,287

 

$1,379

 

($3
)
 

$141,118

Average consumer and commercial deposits
105,365

 
48,782

 
115

 
(73
)
 
154,189

Average total assets
79,971

 
83,168

 
33,425

 
2,440

 
199,004

Average total liabilities
106,374

 
54,457

 
14,179

 
(74
)
 
174,936

Average total equity
—

 
—

 
—

 
24,068

 
24,068

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,636

 

$1,812

 

$160

 

($387
)
 

$5,221

FTE adjustment
—

 
136

 
2

 
—

 
138

Net interest income-FTE 3
3,636

 
1,948

 
162

 
(387
)
 
5,359

Provision for credit losses 4
159

 
282

 
3

 
—

 
444

Net interest income after provision for credit losses-FTE
3,477

 
1,666

 
159

 
(387
)
 
4,915

Total noninterest income
2,067

 
1,325

 
137

 
(146
)
 
3,383

Total noninterest expense
3,938

 
1,507

 
38

 
(15
)
 
5,468

Income before provision for income taxes-FTE
1,606

 
1,484

 
258

 
(518
)
 
2,830

Provision for income taxes-FTE 5
592

 
555

 
70

 
(274
)
 
943

Net income including income attributable to noncontrolling interest
1,014

 
929

 
188

 
(244
)
 
1,887

Less: Net income attributable to noncontrolling interest
—

 
—

 
9

 
—

 
9

Net income

$1,014

 

$929

 

$179

 

($244
)
 

$1,878

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.