Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2011

Accumulated Other Comprehensive Income (Loss)

Balances in Accumulated Other Comprehensive Income (Loss)

				September 30, 2011						December 31, 2010
						Deferred		After-				Deferred		After-
				Pre-Tax		Tax Expense		Tax		Pre-Tax		Tax Expense		Tax
				Amount		(Benefit)		Amount		Amount		(Benefit)		Amount
				(Dollars in millions)
	Unrecognized net pension and postretirement
		costs		$	(563)	$	(210)	$	(353)	$	(587)	$	(219)	$	(368)
	Unrealized net gains (losses) on cash flow
		hedges			(253)		(94)		(159)		(75)		(28)		(47)
	Unrealized net gains (losses) on securities
		available for sale			698		260		438		(250)		(93)		(157)
	FDIC’s share of unrealized (gains) losses on
		securities available for sale under the loss
		share agreements (1)			(412)		(154)		(258)		(281)		(105)		(176)
	Other, net				(42)		(18)		(24)		(6)		(7)		1
			Total	$	(572)	$	(216)	$	(356)	$	(1,199)	$	(452)	$	(747)
(1)	Certain securities available for sale are covered by loss sharing agreements with the FDIC. Refer to the Securities footnote to these financial statements for additional information.

Components of Total Comprehensive Income

					Three Months Ended September 30, 2011
					Pre-Tax		Tax Effect		After-Tax
					(Dollars in millions)
Comprehensive income:
	Net income				$	439	$	68	$	371
	Other comprehensive income:
		Unrealized net holding gains (losses) arising during the period
			on securities available for sale			464		173		291
		Reclassification adjustment for (gains) losses on securities
			available for sale included in net income			39		14		25
		Net change in amounts attributable to the FDIC under the loss
			share agreements			(47)		(18)		(29)
		Net change in unrecognized gains (losses) on cash flow hedges				(111)		(41)		(70)
		Net change in pension and postretirement liability				9		3		6
		Other, net				(2)		3		(5)
				Total comprehensive income	$	791	$	202	$	589

					Three Months Ended September 30, 2010
					Pre-Tax		Tax Effect		After-Tax
					(Dollars in millions)
Comprehensive income:
	Net income				$	246	$	27	$	219
	Other comprehensive income:
		Unrealized net holding gains (losses) arising during the period
			on securities available for sale			315		119		196
		Reclassification adjustment for (gains) losses on securities
			available for sale included in net income			(239)		(91)		(148)
		Net change in amounts attributable to the FDIC under the loss
			share agreements			(117)		(44)		(73)
		Net change in unrecognized gains (losses) on cash flow hedges				(125)		(47)		(78)
		Net change in pension and postretirement liability				6		2		4
		Other, net				―		(1)		1
				Total comprehensive income	$	86	$	(35)	$	121

					Nine Months Ended September 30, 2011
					Pre-Tax		Tax Effect		After-Tax
					(Dollars in millions)
Comprehensive income:
	Net income				$	1,144	$	212	$	932
	Other comprehensive income:
		Unrealized net holding gains (losses) arising during the period
			on securities available for sale			872		324		548
		Reclassification adjustment for (gains) losses on securities
			available for sale included in net income			41		15		26
		Net change in amounts attributable to the FDIC under the loss
			share agreements			(131)		(49)		(82)
		Net change in unrecognized gains (losses) on cash flow hedges				(178)		(66)		(112)
		Net change in pension and postretirement liability				24		9		15
		Other, net				(1)		3		(4)
				Total comprehensive income	$	1,771	$	448	$	1,323

					Nine Months Ended September 30, 2010
					Pre-Tax		Tax Effect		After-Tax
					(Dollars in millions)
Comprehensive income:
	Net income				$	737	$	100	$	637
	Other comprehensive income:
		Unrealized net holding gains (losses) arising during the period
			on securities available for sale			1,170		444		726
		Reclassification adjustment for (gains) losses on securities
			available for sale included in net income			(455)		(173)		(282)
		Net change in amounts attributable to the FDIC under the loss share
			agreements			(243)		(92)		(151)
		Net change in unrecognized gains (losses) on cash flow hedges				(340)		(129)		(211)
		Net change in pension and postretirement liability				(1)		(1)		―
		Other, net				(1)		(1)		―
				Total comprehensive income	$	867	$	148	$	719