Long-term debt comprised the following:
				September 30,		December 31,
				2012		2011

				(Dollars in millions)
	BB&T Corporation:
		3.85% Senior Notes Due 2012		$	―	$	1,000
		3.38% Senior Notes Due 2013			500		500
		5.70% Senior Notes Due 2014			510		510
		2.05% Senior Notes Due 2014			700		700
		Floating Rate Senior Notes Due 2014 (1)			300		300
		3.95% Senior Notes Due 2016			499		499
		3.20% Senior Notes Due 2016			999		999
		2.15% Senior Notes Due 2017			748		―
		1.60% Senior Notes Due 2017			749		―
		6.85% Senior Notes Due 2019			539		538
		4.75% Subordinated Notes Due 2012 (2)			491		490
		5.20% Subordinated Notes Due 2015 (2)			933		933
		4.90% Subordinated Notes Due 2017 (2)			344		342
		5.25% Subordinated Notes Due 2019 (2)			586		586
		3.95% Subordinated Notes Due 2022 (2)			298		―

	Branch Bank:
		Floating Rate Subordinated Notes Due 2016 (2)(3)			350		350
		Floating Rate Subordinated Notes Due 2017 (2)(3)			262		262
		4.875% Subordinated Notes Due 2013 (2)			222		222
		5.625% Subordinated Notes Due 2016 (2)			386		386

	Federal Home Loan Bank Advances to Branch Bank: (4)
		Varying maturities to 2034			8,993		8,998

	Junior Subordinated Debt to Unconsolidated Trusts (5)				57		3,271

	Other Long-Term Debt				125		83

	Fair value hedge-related basis adjustments				630		834
			Total Long-Term Debt	$	19,221	$	21,803


(1)	These floating-rate senior notes are based on LIBOR and had an effective rate of 1.15% at September 30, 2012.
(2)	Subordinated notes that qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.
(3)	These floating-rate securities are based on LIBOR, but the majority of the cash flows have been swapped to a fixed rate. The effective rate paid on these securities including the effect of the swapped portion was 3.26% at September 30, 2012.
(4)	Certain of these advances have been swapped to floating rates from fixed rates and from fixed rates to floating rates. At September 30, 2012, the weighted average rate paid on these advances including the effect of the swapped portion was 3.58%, and the weighted average maturity was 7.1 years.
(5)	Securities that qualify under the risk-based capital guidelines as Tier 1 capital, subject to certain limitations. Once notice of redemption has been given, they no longer qualify as Tier 1 capital.

During the second quarter of 2012, BB&T provided redemption notices to the holders of all its trust preferred securities to exercise certain early redemption provisions based on the terms of the respective trusts. BB&T revised the estimated life used to amortize the remaining debt issuance costs and related discounts or premiums, including fair value hedge adjustments, to end on the redemption date for each of the impacted debt securities. The redemptions, and the related retirement of the junior subordinated debt to unconsolidated trusts, were completed by the end of July 2012.

In connection with the acquisition of BankAtlantic, BB&T assumed $285 million in junior subordinated debt to unconsolidated trusts. BB&T redeemed $228 million of this debt prior to September 30, 2012.