CONSOLIDATED BALANCE SHEET (UNAUDITED) (USD $) In Millions, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Assets:
Cash and due from banks	$ 1,311		$ 1,359
Interest bearing deposits with banks	29,820		13,279
Securities purchased under agreements to resell	1,399		3,149
Trading assets	27,448		35,995
Securities available-for-sale	52,858		67,716
Securities held-to-maturity (fair value of $1.7 billion and $1.8 billion at June 30, 2013 and December 31, 2012, respectively)	1,538		1,620
Loans	66,705		63,258
Less – allowance for credit losses	605		647
Loans, net	66,100		62,611
Loans held for sale (includes $3 million and $465 million designated under fair value option at June 30, 2013 and December 31, 2012, respectively)	359		1,018
Properties and equipment, net	261		276
Intangible assets, net	299		247
Goodwill	2,228		2,228
Other assets	8,765		7,069
Total assets	192,386	[1]	196,567	[1]
Deposits in domestic offices:
Noninterest bearing	30,562		31,315
Interest bearing (includes $8.0 billion and $8.7 billion designated under fair value option at June 30, 2013 and December 31, 2012, respectively)	63,147		66,520
Deposits in foreign offices:
Noninterest bearing	1,368		1,813
Interest bearing	16,658		18,023
Total deposits	111,735		117,671
Short-term borrowings	21,394		14,933
Long-term debt (includes $6.6 billion and $7.3 billion designated under fair value option at June 30, 2013 and December 31, 2012, respectively)	20,934		21,745
Total debt	154,063		154,349
Trading liabilities	15,337		19,820
Interest, taxes and other liabilities	5,584		4,562
Total liabilities	174,984	[1]	178,731	[1]
Shareholders’ equity
Preferred stock	1,565		1,565
Common shareholder’s equity:
Common stock ($5 par; 150,000,000 shares authorized; 713 shares issued and outstanding at June 30, 2013 and December 31, 2012)	0		0
Additional paid-in capital	14,090		14,123
Retained earnings	1,690		1,363
Accumulated other comprehensive income	57		785
Total common shareholder’s equity	15,837		16,271
Total shareholders’ equity	17,402		17,836
Total liabilities and shareholders’ equity	$ 192,386		$ 196,567

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities (“VIEs”) as of June 30, 2013 and 2012 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. Assets: Interest bearing deposits with banks, $221 and $216, Other assets $544 and $533, Total assets $983 and $749 respectively. Liabilities: Long-term debt $92 and $92, Interest, taxes and other liabilities $122 and $152. Total liabilities $614 and $244, respectively.