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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest Income      
Interest and fees on loans and leases $ 6,230 $ 5,985 $ 5,347
Interest and dividends on securities 1,092 1,029 941
Interest on other earning assets 52 52 39
Total interest income 7,374 7,066 6,327
Interest Expense      
Interest on deposits 344 251 233
Interest on short-term borrowings 41 9 4
Interest on long-term debt 454 485 498
Total interest expense 839 745 735
Net Interest Income 6,535 6,321 5,592
Provision for credit losses 547 572 428
Net Interest Income After Provision for Credit Losses 5,988 5,749 5,164
Noninterest Income      
Insurance income 1,754 1,713 1,596
Service charges on deposits 706 664 631
Mortgage banking income 415 463 455
Investment banking and brokerage fees and commissions 410 408 398
Trust and investment advisory revenues 278 266 240
Bankcard fees and merchant discounts 271 237 218
Checkcard fees 214 195 174
Operating lease income 146 137 124
Income from bank-owned life insurance 122 123 113
FDIC loss share income, net 0 (142) (253)
Other income 467 362 326
Securities gains (losses), net      
Gross realized gains 17 46 41
Gross realized losses (18) 0 (40)
OTTI charges 0 0 (2)
Non-credit portion recognized in OCI 0 0 (2)
Total securities gains (losses), net (1) 46 (3)
Total noninterest income 4,782 4,472 4,019
Noninterest Expense      
Personnel expense 4,121 3,964 3,469
Occupancy and equipment expense 784 786 708
Software expense 242 224 192
Outside IT services 160 186 135
Regulatory charges 153 145 101
Amortization of intangibles 142 150 105
Loan-related expense 130 95 150
Professional services 123 102 130
Merger-related and restructuring charges, net 115 171 165
Loss (gain) on early extinguishment of debt 392 (1) 172
Other expense 1,082 899 939
Total noninterest expense 7,444 6,721 6,266
Earnings      
Income (loss) before income taxes 3,326 3,500 2,917
Provision for income taxes 911 1,058 794
Net income 2,415 2,442 2,123
Noncontrolling interests 21 16 39
Dividends on preferred stock 174 167 148
Net income available to common shareholders $ 2,220 $ 2,259 $ 1,936
Basic EPS (in usd per share) $ 2.78 $ 2.81 $ 2.59
Diluted EPS (in usd per share) 2.74 2.77 2.56
Cash dividends declared per share (in usd per share) $ 1.26 $ 1.15 $ 1.05
Basic weighted average shares outstanding 799,217 804,680 748,010
Diluted weighted average shares outstanding 810,977 814,916 757,765