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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Reclassifications
The Consolidated Statement of Cash Flows for the years ended December 31, 2016 and 2015 have been revised to correct errors in the classification of certain transactions related to other assets and other liabilities and were not material to prior consolidated financial statements. The net effect of the revisions is as follows:
(dollars in millions)
 
2016
 
2015
Net cash from operating activities
 
$
443

 
$
216

Net cash from investing activities
 
(326
)
 
(211
)
Net cash from financing activities
 
(117
)
 
(5
)
Net change in cash and cash equivalents
 
$
—

 
$
—
Schedule of Loans and Leases Past Due Policies
BB&T’s policies for placing loans on nonaccrual status conform to guidelines prescribed by bank regulatory authorities. BB&T classifies loans and leases as past due when the payment of principal and interest based upon contractual terms is greater than 30 days delinquent or if one payment is past due. The following table summarizes the delinquency thresholds that are used in evaluating nonaccrual classification and the timing of charge-offs (PCI loans are considered to be performing due to the application of the expected cash flows method):
(number of days)
 
Placed on Nonaccrual (1)
 
Charge-off
Commercial:
 
 
 
 
 
 
 
 
Commercial and industrial
 
90
(2)
 
 
90
 
 
CRE
 
90
(2)
 
 
90
 
 
Lease financing
 
90
(2)
 
 
90
 
 
Retail:
 
 
 
 
 
 
 
 
Residential mortgage (3)
 
90
to
180
 
90
to
210
Direct (3)
 
90
to
120
 
90
to
120
Indirect (3)
 
90
to
120
 
90
to
120
Revolving credit (3)
 
NA
 
 
 
90
to
180
(1)
Loans may be returned to accrual status when they become current as to both principal and interest and concern no longer exists as to the collectability of principal and interest, generally indicated by 180 days of sustained performance.
(2)
Or when it is probable that principal or interest is not fully collectible, whichever occurs first.
(3)
Depends on product type, loss mitigation status and status of the government guaranty.