XML 48 R111.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Effective Tax Rates        
Tax expense (benefit) at the US federal statutory income tax rate $ (84) $ 32 $ (50) $ 134
Tax expense (benefit) at the US federal statutory income tax rate, percentage (35.00%) 35.00% (35.00%) 35.00%
Increase (decrease) in rate resulting from:        
State and local taxes, net of federal benefit 16 16 22 37
Adjustment of tax rate used to value deferred taxes   (8)   18
Valuation allowance on deferred tax assets   (8) (10) (143)
Non-deductible expense accrual related to certain regulatory matters 245   245  
Non deductible goodwill related to sale of branches 106   106  
Accrual of tax reserves 21   21  
Tax exempt interest income (3) (2) (5) (5)
Low income housing and other tax credits (25) (21) (57) (42)
Impact of foreign operations 29 7 36 8
Uncertain tax provision 49 127 65 127
Other (3) (9) (4) (13)
Effective tax rate $ 351 $ 134 $ 369 $ 121
State and local taxes, net of federal benefit, percentage 6.50% 17.80% 15.20% 9.70%
Adjustment of tax rate used to value deferred taxes, percentage   (8.90%) (7.20%) 4.70%
Valuation allowance on deferred tax assets, percentage   (8.90%)   (37.40%)
Non-deductible expense accrual related to certain regulatory matters, Percentage 102.00%   171.30%  
Non deductible goodwill related to sale of branches, percentage 44.30%   74.30%  
Accrual of tax reserves, percentage 8.70%   14.70%  
Tax exempt interest income, percentage (1.20%) (2.20%) (3.40%) (1.30%)
Low income housing and other tax credits, percentage (10.30%) (23.30%) (39.70%) (11.00%)
Impact of foreign operations, percentage 11.90% 7.80% 24.80% 2.10%
Uncertain tax provision, percentage 20.60% 141.10% 45.70% 33.20%
Other, percentage (1.30%) (9.50%) (2.80%) (3.30%)
Effective tax rate, percentage 146.20% 148.90% 257.90% 31.70%