CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018
Assets:
Cash and due from banks		$ 1,196	$ 1,514
Interest bearing deposits with banks		11,736	15,700
Federal funds sold and securities purchased under agreements to resell		5,289	10,168
Trading assets (includes $7.4 billion and $2.5 billion of assets pledged to creditors at June 30, 2019 and December 31, 2018, respectively)		33,502	21,978
Securities available-for-sale (includes $2.3 billion and $0.8 billion of assets pledged to creditors at June 30, 2019 and December 31, 2018, respectively)		37,254	31,379
Securities held-to-maturity (fair value of $14.0 billion and $14.4 billion at June 30, 2019 and December 31, 2018, respectively)		13,927	14,670
Loans		72,478	68,978
Less – allowance for credit losses		613	541
Loans, net		71,865	68,437
Loans held for sale (includes $128 million and $109 million designated under fair value option at June 30, 2019 and December 31, 2018, respectively)		191	512
Properties and equipment, net		154	158
Goodwill		1,607	1,607
Other assets		7,342	6,325
Total assets	[1]	184,063	172,448
Domestic deposits:
Noninterest bearing		22,826	25,639
Interest bearing (includes $8.5 billion and $8.2 billion designated under fair value option at June 30, 2019 and December 31, 2018, respectively)		89,054	78,830
Foreign deposits:
Noninterest bearing		186	202
Interest bearing		4,895	6,274
Deposits held for sale		0	10
Total deposits		116,961	110,955
Short-term borrowings (includes $222 million and $560 million designated under fair value option at June 30, 2019 and December 31, 2018, respectively)		8,649	4,180
Long-term debt (includes $12.0 billion and $11.2 billion designated under fair value option at June 30, 2019 and December 31, 2018, respectively)		30,849	30,628
Total debt		156,459	145,763
Trading liabilities		4,026	3,643
Interest, taxes and other liabilities		4,944	2,536
Total liabilities	[1]	165,429	151,942
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 1,265 shares issued and outstanding at both June 30, 2019 and December 31, 2018)		1,265	1,265
Common equity:
Common stock ($5 par; 150,000,000 shares authorized; 714 shares issued and outstanding at both June 30, 2019 and December 31, 2018)		0	0
Additional paid-in capital		15,734	18,136
Retained earnings		1,690	1,471
Accumulated other comprehensive loss		(55)	(366)
Total common equity		17,369	19,241
Total equity		18,634	20,506
Total liabilities and equity		$ 184,063	$ 172,448

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at June 30, 2019 and December 31, 2018 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information. Assets: Other assets $98 million and $112 million. Total assets $98 million and $112 million respectively. Liabilities: Long-term debt $66 million and $66 million, Interest, taxes and other liabilities $32 million and $37 million. Total liabilities $98 million and $103 million, respectively.