CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Assets:
Cash and due from banks		$ 1,037	$ 1,235
Interest bearing deposits with banks		17,870	20,238
Federal funds sold and securities purchased under agreements to resell (includes $1.0 billion and $770 million designated under fair value option at March 31, 2017 and December 31, 2016, respectively)		30,550	30,023
Trading assets		22,823	16,850
Securities available-for-sale		37,911	36,910
Securities held-to-maturity (fair value of $13.3 billion and $12.8 billion at March 31, 2017 and December 31, 2016, respectively)		13,315	12,809
Loans		69,588	73,875
Less – allowance for credit losses		921	1,017
Loans, net		68,667	72,858
Loans held for sale (includes $507 million and $725 million designated under fair value option at March 31, 2017 and December 31, 2016, respectively)		806	1,809
Properties and equipment, net		193	202
Goodwill		1,612	1,612
Other assets		6,799	6,755
Total assets	[1]	201,583	201,301
Domestic deposits:
Noninterest bearing		28,608	26,932
Interest bearing (includes $7.6 billion and $7.5 billion designated under fair value option at March 31, 2017 and December 31, 2016, respectively)		83,808	86,389
Foreign deposits:
Noninterest bearing		736	741
Interest bearing		16,106	15,186
Total deposits		129,258	129,248
Short-term borrowings (includes $3.1 billion and $2.7 billion designated under fair value option at March 31, 2017 and December 31, 2016, respectively)		5,438	5,101
Long-term debt (includes $11.6 billion and $10.4 billion designated under fair value option at March 31, 2017 and December 31, 2016, respectively)		37,803	37,739
Total debt		172,499	172,088
Trading liabilities		4,024	4,908
Interest, taxes and other liabilities		4,386	3,950
Total liabilities	[1]	180,909	180,946
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 1,265 shares issued and outstanding at both March 31, 2017 and December 31, 2016)			1,265
Common equity:
Common stock ($5 par; 150,000,000 shares authorized; 714 shares issued and outstanding at both March 31, 2017 and December 31, 2016)		0	0
Additional paid-in capital		18,142	18,148
Retained earnings		1,682	1,560
Accumulated other comprehensive loss		(415)	(618)
Total common equity		19,409	19,090
Total equity		20,674	20,355
Total liabilities and equity		$ 201,583	$ 201,301

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at March 31, 2017 and December 31, 2016 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 24, "Variable Interest Entities," for additional information. Assets: Other assets $220 million and $231 million. Total assets $220 million and $231 million respectively. Liabilities: Long-term debt $79 million and $79 million, Interest, taxes and other liabilities $54 million and $60 million. Total liabilities $133 million and $139 million, respectively.