Consolidated Balance Sheet (Unaudited) (USD $) In Millions	Jun. 30, 2011		Dec. 31, 2010
Assets
Cash and due from banks	$ 1,543		$ 1,576
Interest bearing deposits with banks	30,535	[1]	8,202	[1]
Federal funds sold and securities purchased under agreements to resell	4,293		8,236
Trading assets	34,436		32,402
Securities available-for-sale	44,667		45,523
Securities held-to-maturity (fair value of $2.4 billion and $3.4 billion at June 30, 2011 and December 31, 2010, respectively, and includes $881 million at December 31, 2010 collateralizing short-term borrowings)	2,178		3,190
Loans (includes $1.5 billion at December 31, 2010 collateralizing debt)	70,337		73,069
Less - allowance for credit losses	1,714		2,170
Loans, net	68,623		70,899
Loans held for sale (includes $728 million and $1.3 billion designated under fair value option at June 30, 2011 and December 31, 2010, respectively)	1,343		2,390
Properties and equipment, net	505		549
Intangible assets, net	390		424
Goodwill	2,626		2,626
Other assets	8,639		7,677
Assets of discontinued operations	0		119
Total assets	199,778	[1]	183,813	[1]
Deposits in domestic offices:
Noninterest bearing	23,934		23,078
Interest bearing (includes $9.1 billion and $7.4 billion designated under fair value option at June 30, 2011 and December 31, 2010, respectively)	74,772		72,808
Deposits in foreign offices:
Noninterest bearing	1,698		1,263
Interest bearing	30,287		23,502
Total deposits	130,691		120,651
Short-term borrowings	13,663		15,187
Long-term debt (includes $4.9 billion and $5.4 billion designated under fair value option at June 30, 2011 and December 31, 2010, respectively, and $150 million at December 31, 2010, collateralized by loans and available-for-sale securities)	19,231		17,230
Total debt	163,585		153,068
Trading liabilities	12,961		10,528
Interest, taxes and other liabilities	5,669		3,470
Liabilities of discontinued operations	3		14
Total liabilities	182,218	[1]	167,080	[1]
Shareholders' equity
Preferred stock	1,565		1,565
Common shareholder's equity:
Common stock ($5 par; 150,000,000 shares authorized; 712 shares issued and outstanding at June 30, 2011 and December 31, 2010)	0		0
Additional paid-in capital	13,806		13,785
Retained earnings	2,061		1,536
Accumulated other comprehensive income (loss)	128		(153)
Total common shareholder' s equity	15,995		15,168
Total shareholders' equity	17,560		16,733
Total liabilities and shareholders' equity	$ 199,778		$ 183,813

[1] The following table summarizes assets and liabilities related to variable interest entities ("VIEs") as of June 30, 2011 and December 31, 2010 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation.