Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Financial Instruments

Schedule of derivative financial instruments and related hedged items

							March 31, 2013						December 31, 2012
						Hedged Item or	Notional		Fair Value				Notional		Fair Value
						Transaction	Amount		Gain		Loss		Amount		Gain		Loss
							(Dollars in millions)
Cash flow hedges:
	Interest rate contracts:
		Pay fixed swaps				3 mo. LIBOR funding	$	10,535	$	―	$	(284)	$	6,035	$	―	$	(298)
Fair value hedges:
	Interest rate contracts:
		Receive fixed swaps and option trades				Long-term debt		800		158		―		800		182		―
		Pay fixed swaps				Commercial loans		186		―		(6)		187		―		(7)
		Pay fixed swaps				Municipal securities		345		―		(138)		345		―		(153)
				Total				1,331		158		(144)		1,332		182		(160)
Not designated as hedges:
	Client-related and other risk management:
		Interest rate contracts:
			Receive fixed swaps					9,084		620		―		9,352		687		―
			Pay fixed swaps					9,360		―		(648)		9,464		―		(717)
			Other swaps					2,234		14		(15)		2,664		21		(23)
			Option trades					421		2		(5)		423		3		(5)
			Futures contracts					274		―		―		109		―		―
			Risk participations					203		―		―		204		―		―
		Foreign exchange contracts						503		3		(3)		534		4		(3)
				Total				22,079		639		(671)		22,750		715		(748)
	Mortgage banking:
		Interest rate contracts:
			Receive fixed swaps					151		―		(4)		114		―		(2)
			Pay fixed swaps					22		―		―		―		―		―
			Interest rate lock commitments					5,620		38		(3)		6,064		55		(1)
			When issued securities, forward rate agreements and forward
				commitments				8,054		16		(38)		8,886		10		(19)
			Option trades					630		16		―		70		6		―
			Futures contracts					―		―		―		31		―		―
				Total				14,477		70		(45)		15,165		71		(22)
	MSRs:
		Interest rate contracts:
			Receive fixed swaps					7,510		96		(37)		5,178		110		(27)
			Pay fixed swaps					6,519		14		(75)		5,389		7		(94)
			Option trades					11,240		261		(66)		14,510		363		(88)
			Futures contracts					―		―		―		30		―		―
			When issued securities, forward rate agreements and forward
				commitments				2,010		1		(2)		2,406		2		―
				Total				27,279		372		(180)		27,513		482		(209)
					Total nonhedging derivatives			63,835		1,081		(896)		65,428		1,268		(979)
Total derivatives							$	75,701		1,239		(1,324)	$	72,795		1,450		(1,437)
Gross amounts not offset in the Consolidated Balance Sheets:
	Amounts subject to master netting arrangements not offset due to policy election									(675)		675				(797)		797
	Cash collateral (received) posted									(28)		625				(41)		607
		Net amount							$	536	$	(24)			$	612	$	(33)

The effect of derivative instruments on the consolidated statements of income

The Effect of Derivative Instruments on the Consolidated Statements of Income
Three Months Ended March 31, 2013 and 2012
					Effective Portion
					Pre-tax Gain					Pre-tax Gain (Loss)
					(Loss) Recognized					Reclassified from
					in AOCI				Location of Amounts	AOCI into Income
					2013		2012		Reclassified from AOCI into Income	2013		2012
						(Dollars in millions)
Cash flow hedges
	Interest rate contracts				$	(11)	$	(13)	Total interest income	$	―	$	4
									Total interest expense		(21)		(18)
										$	(21)	$	(14)
										Pre-tax Gain
										(Loss) Recognized
									Location of Amounts	in Income
									Recognized in Income	2013		2012
										(Dollars in millions)
Fair value hedges
	Interest rate contracts								Total interest income	$	(5)	$	(5)
	Interest rate contracts								Total interest expense		30		75
				Total						$	25	$	70
Not designated as hedges
	Client-related and other risk management
		Interest rate contracts							Other noninterest income	$	6	$	6
		Foreign exchange contracts							Other noninterest income		3		2
	Mortgage banking
		Interest rate contracts							Mortgage banking income		(27)		57
	MSRs
		Interest rate contracts							Mortgage banking income		(46)		(53)
			Total							$	(64)	$	12

Schedule Of Derivative Instruments Summary Of Collateral Positions With Counterparties [Text Block]

		March 31,		December 31,
		2013		2012
		(Dollars in millions)
Cash collateral received from dealer counterparties		$	28	$	44
Derivatives in a net gain position secured by that collateral			32		42
Cash collateral posted to dealer counterparties			609		603
Derivatives in a net loss position secured by that collateral			609		610
Additional collateral that would have been posted had BB&T's credit ratings
	dropped below investment grade		2		10
Unsecured positions in a net gain with dealer counterparties after collateral postings			4		―
Cash collateral, including initial margin, posted to central clearing parties			154		111
Derivatives in a net loss position secured by that collateral			19		7