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Operating Segments
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Operating Segments Operating Segments
 
BB&T's business segment structure aligns with how management reviews performance and makes decisions by client, segment and business unit. There are four major reportable business segments: CB-Retail, CB-Commercial, FS&CF and IH. In addition, there is an OT&C segment. For additional information, see Note 19. Operating Segments of the Annual Report on Form 10-K for the year ended December 31, 2018.The following table presents results by segment:
Three Months Ended March 31,
(Dollars in millions)
CB-Retail
 
CB-Commercial
 
FS&CF
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Net interest income (expense)
$
843

 
$
837

 
$
536

 
$
464

 
$
189

 
$
159

Net intersegment interest income (expense)
109

 
48

 
44

 
70

 
21

 
18

Segment net interest income
952

 
885

 
580

 
534

 
210

 
177

Allocated provision for credit losses
130

 
122

 
19

 
37

 
1

 
(5
)
Segment net interest income after provision
822

 
763

 
561

 
497

 
209

 
182

Noninterest income
322

 
340

 
109

 
106

 
284

 
301

Noninterest expense
645

 
660

 
251

 
253

 
297

 
301

Income (loss) before income taxes
499

 
443

 
419

 
350

 
196

 
182

Provision (benefit) for income taxes
120

 
109

 
91

 
79

 
40

 
38

Segment net income (loss)
$
379

 
$
334

 
$
328

 
$
271

 
$
156

 
$
144

 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets (period end)
$
73,379

 
$
70,102

 
$
56,702

 
$
56,438

 
$
33,141

 
$
29,766

 
 
 
 
 
 
 
 
 
 
 
 

 
IH
 
OT&C (1)
 
Total
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Net interest income (expense)
$
34

 
$
26

 
$
94

 
$
147

 
$
1,696

 
$
1,633

Net intersegment interest income (expense)
(11
)
 
(6
)
 
(163
)
 
(130
)
 
—

 
—

Segment net interest income
23

 
20

 
(69
)
 
17

 
1,696

 
1,633

Allocated provision for credit losses
3

 
1

 
2

 
(5
)
 
155

 
150

Segment net interest income after provision
20

 
19

 
(71
)
 
22

 
1,541

 
1,483

Noninterest income
515

 
439

 
(28
)
 
(6
)
 
1,202

 
1,180

Noninterest expense
417

 
375

 
158

 
97

 
1,768

 
1,686

Income (loss) before income taxes
118

 
83

 
(257
)
 
(81
)
 
975

 
977

Provision (benefit) for income taxes
30

 
21

 
(104
)
 
(61
)
 
177

 
186

Segment net income (loss)
$
88

 
$
62

 
$
(153
)
 
$
(20
)
 
$
798

 
$
791

 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets (period end)
$
6,376

 
$
5,789

 
$
58,085

 
$
58,634

 
$
227,683

 
$
220,729


(1)
Includes financial data from business units below the quantitative and qualitative thresholds requiring disclosure.