Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies

Schedule of Commitments and Contingencies

		December 31, 2015		December 31, 2014
		(Dollars in millions)
Letters of credit		$	3,033	$	3,462
Carrying amount of the liability for letters of credit			27		22
Investments in affordable housing and historic building rehabilitation projects:
	Carrying amount		1,629		1,436
	Amount of future funding commitments included in carrying amount		654		459
	Lending exposure		292		169
	Tax credits subject to recapture		355		300
Investments in private equity and similar investments			289		329
Future funding commitments to consolidated private equity funds			231		202

Schedule of Impact of Adoption of Affordable Housing Guidance

	Year Ended December 31,
	2014		2013
	(Dollars in millions)
Increase in other income	$	141	$	159
Increase in provision for income taxes		(161)		(158)
Change in net income and net income available to common shareholders	$	(20)	$	1
Decrease in diluted EPS	$	(0.03)	$	―
	January 1,
	2015		2014
	(Dollars in millions)
Decrease to retained earnings	$	(49)	$	(29)

Pledged Assets

	December 31,
	2015		2014
	(Dollars in millions)
Pledged securities	$	14,063	$	14,636
Pledged loans		69,070		67,248