The following table summarizes the results for each segment on a Group Reporting Basis, as well as provides a reconciliation of total results under the Group Reporting Basis to U.S. GAAP consolidated totals:



	Group Reporting Basis Consolidated Amounts
	RBWM			CMB		GB&M			PB			Other			Adjustments/ Reconciling Items			Total			Group Reporting Basis Adjustments⁽³⁾			Group Reporting Basis Reclassi- fications⁽⁴⁾			U.S. GAAP Consolidated Totals
	(in millions)
Year Ended December 31, 2014
Net interest income⁽¹⁾	$	802		$	800	$	378		$	199		$	60		$	(3	)	$	2,236		$	(74	)	$	142		$	2,304
Other operating income	414			308		1,034			104			36			3			1,899			(132		)	(161		)	1,606
Total operating income	1,216			1,108		1,412			303			96			—			4,135			(206		)	(19		)	3,910
Loan impairment charges	27			42		66			(8		)	—			—			127			80			(19		)	188
	1,189			1,066		1,346			311			96			—			4,008			(286		)	—			3,722
Operating expenses⁽²⁾	1,227			683		1,308			238			126			—			3,582			(158		)	—			3,424
Profit (loss) before income tax expense	$	(38	)	$	383	$	38		$	73		$	(30	)	$	—		$	426		$	(128	)	$	—		$	298
Balances at end of period:
Total assets	$	19,648		$	29,009	$	181,946		$	8,184		$	849		$	—		$	239,636		$	(54,138	)	$	41		$	185,539
Total loans, net	16,704			27,777		22,693			6,528			—			—			73,702			1,032			2,327			77,061
Goodwill	581			358		—			325			—			—			1,264			348			—			1,612
Total deposits	28,323			22,086		35,143			10,818			—			—			96,370			(4,811		)	24,559			116,118
Year Ended December 31, 2013
Net interest income⁽¹⁾	$	842		$	706	$	423		$	189		$	(46	)	$	(13	)	$	2,101		$	(76	)	$	16		$	2,041
Other operating income	347			293		1,165			109			(78		)	13			1,849			22			(14		)	1,857
Total operating income	1,189			999		1,588			298			(124		)	—			3,950			(54		)	2			3,898
Loan impairment charges	129			45		(4		)	5			—			—			175			—			18			193
	1,060			954		1,592			293			(124		)	—			3,775			(54		)	(16		)	3,705
Operating expenses⁽²⁾	1,206			680		1,464			254			98			—			3,702			201			(16		)	3,887
Profit (loss) before income tax expense	$	(146	)	$	274	$	128		$	39		$	(222	)	$	—		$	73		$	(255	)	$	—		$	(182	)
Balances at end of period:
Total assets	$	19,267		$	23,427	$	180,559		$	8,340		$	766		$	—		$	232,359		$	(49,879	)	$	3,007		$	185,487
Total loans, net	16,233			22,254		18,336			6,206			—			—			63,029			1,503			2,557			67,089
Goodwill	581			358		—			325			—			—			1,264			348			—			1,612
Total deposits	30,220			21,601		33,231			12,036			—			—			97,088			(3,869		)	19,389			112,608
Year Ended December 31, 2012
Net interest income⁽¹⁾	$	854		$	673	$	606		$	184		$	(43	)	$	(15	)	$	2,259		$	(123	)	$	22		$	2,158
Other operating income	555			539		916			106			(269		)	15			1,862			43			68			1,973
Total operating income	1,409			1,212		1,522			290			(312		)	—			4,121			(80		)	90			4,131
Loan impairment charges	204			4		(1		)	(3		)	—			—			204			73			16			293
	1,205			1,208		1,523			293			(312		)	—			3,917			(153		)	74			3,838
Operating expenses⁽²⁾	1,301			631		997			232			1,465			—			4,626			(36		)	74			4,664
Profit before income tax expense	$	(96	)	$	577	$	526		$	61		$	(1,777	)	$	—		$	(709	)	$	(117	)	$	—		$	(826	)
Balances at end of period:
Total assets	$	22,789		$	23,585	$	203,680		$	8,208		$	633		$	—		$	258,895		$	(67,543	)	$	94		$	191,446
Total loans, net	16,422			19,754		17,530			5,707			—			—			59,413			3,495			(297		)	62,611
Goodwill	581			358		480			325			—			—			1,744			484			—			2,228
Total deposits	35,406			21,759		37,134			12,141			—			—			106,440			(5,122		)	16,353			117,671

⁽¹⁾

Net interest income of each segment represents the difference between actual interest earned on assets and interest paid on liabilities of the segment adjusted for a funding charge or credit. Segments are charged a cost to fund assets (e.g. customer loans) and receive a funding credit for funds provided (e.g. customer deposits) based on equivalent market rates. The objective of these charges/credits is to transfer interest rate risk from the segments to one centralized unit in Balance Sheet Management and more appropriately reflect the profitability of segments.


⁽²⁾	Expenses for the segments include fully apportioned corporate overhead expenses.


⁽³⁾	Represents adjustments associated with differences between the Group Reporting Basis and the U.S. GAAP basis of accounting. These adjustments, which are more fully described above, consist of the following:



	Net Interest Income			Other Revenues			Provision for Credit Losses			Operating Expenses			Profit (Loss) before Income Tax Expense			Total Assets
	(in millions)
December 31, 2014
Unquoted equity securities	$	—		$	—		$	—		$	—		$	—		$	(195	)
Reclassification of financial assets	(10		)	8			—			—			(2		)	11
Securities	—			—			—			(3		)	3			(13		)
Derivatives	—			(4		)	—			—			(4		)	(53,973		)
Loan impairment	(56		)	1			120			1			(176		)	(204		)
Property	—			—			—			(16		)	16			28
Pension costs	—			—			—			11			(11		)	(166		)
Goodwill	—			—			—			—			—			348
Litigation	—			—			—			(135		)	135			1
Gain on sale of London Branch precious metals business to affiliate	—			(98		)	—			—			(98		)	—
Low Income Housing Tax Credits	—			(16		)	—			—			(16		)	—
Other	(8		)	(23		)	(40		)	(16		)	25			25
Total	$	(74	)	$	(132	)	$	80		$	(158	)	$	(128	)	$	(54,138	)
December 31, 2013
Unquoted equity securities	$	—		$	—		$	—		$	—		$	—		$	(163	)
Reclassification of financial assets	(14		)	40			—			—			26			11
Securities	—			(1		)	—			(2		)	1			(24		)
Derivatives	—			(3		)	—			—			(3		)	(49,876		)
Loan impairment	(57		)	1			(11		)	1			(46		)	(94		)
Property	—			—			—			(17		)	17			37
Pension costs	—			—			—			24			(24		)	(154		)
Goodwill impairment	—			—			—			135			(135		)	348
Low Income Housing Tax Credits	—			(30		)	—			—			(30		)	—
Other	(5		)	15			11			60			(61		)	36
Total	$	(76	)	$	22		$	—		$	201		$	(255	)	$	(49,879	)
December 31, 2012
Unquoted equity securities	$	—		$	—		$	—		$	—		$	—		$	(108	)
Reclassification of financial assets	(64		)	181			—			—			117			(4		)
Securities	—			—			—			(12		)	12			(27		)
Derivatives	(4		)	(5		)	—			—			(9		)	(67,762		)
Loan impairment	(34		)	3			73			—			(104		)	(66		)
Property	(9		)	16			—			(21		)	28			42
Pension costs	—			—			—			11			(11		)	(137		)
Sale of Cards and Retail Services business	—			(92		)	—			—			(92		)	—
Low Income Housing Tax Credits	—			(29		)	—			—			(29		)	—
Other	(12		)	(31		)	—			(14		)	(29		)	519
Total	$	(123	)	$	43		$	73		$	(36	)	$	(117	)	$	(67,543	)


⁽⁴⁾	Represents differences in financial statement presentation between Group Reporting Basis and U.S. GAAP.