Loan Portfolio (Tables)

3 Months Ended

Mar. 31, 2019



in millions	March 31, 2019		December 31, 2018
Commercial and industrial ^(a)	$	46,474	$	45,753
Commercial real estate:
Commercial mortgage	14,344		14,285
Construction	1,420		1,666
Total commercial real estate loans	15,764		15,951
Commercial lease financing ^(b)	4,507		4,606
Total commercial loans	66,745		66,310
Residential — prime loans:
Real estate — residential mortgage	5,615		5,513
Home equity loans	10,846		11,142
Total residential — prime loans	16,461		16,655
Consumer direct loans	2,165		1,809
Credit cards	1,086		1,144
Consumer indirect loans	3,721		3,634
Total consumer loans	23,433		23,242
Total loans^(c)	$	90,178	$	89,552


(a)	Loan balances include $135 million and $132 million of commercial credit card balances at March 31, 2019, and December 31, 2018, respectively.

(b)

Commercial lease financing includes receivables held as collateral for a secured borrowing of $12 million and $10 million at March 31, 2019, and December 31, 2018, respectively. Principal reductions are based on the cash payments received from these related receivables. Additional information pertaining to this secured borrowing is included in Note 19 (“Long-Term Debt”) beginning on page 160 of our 2018 Form 10-K.

(c)

Total loans exclude loans of $1.0 billion at March 31, 2019, and $1.1 billion at December 31, 2018, related to the discontinued operations of the education lending business.