Allowance for Credit Losses (Tables)

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Allowance for Credit Losses

Analysis of the Allowance for Credit Losses

		Year Ended December 31, 2011
		Beginning		Charge-						Ending
		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	621	$	(323)	$	28	$	107	$	433
	Commercial real estate - other		446		(273)		18		143		334
	Commercial real estate - residential ADC		469		(302)		25		94		286
	Other lending subsidiaries		21		(9)		3		(4)		11
Retail:
	Direct retail lending		246		(276)		37		225		232
	Revolving credit		109		(95)		19		79		112
	Residential mortgage		298		(269)		5		331		365
	Sales finance		47		(32)		9		14		38
	Other lending subsidiaries		177		(181)		22		168		186
Covered and other acquired			144		(66)		―		71		149
Unallocated			130		―		―		(20)		110
Allowance for loan and lease losses			2,708		(1,826)		166		1,208		2,256
Reserve for unfunded lending commitments			47		―		―		(18)		29
Allowance for credit losses		$	2,755	$	(1,826)	$	166	$	1,190	$	2,285

			Years Ended December 31,
			2010		2009
			(Dollars in millions)
Beginning balance			$	2,672	$	1,607
	Provision for credit losses			2,638		2,811
	Loans and leases charged-off			(2,658)		(1,862)
	Recoveries of previous charge-offs			130		89
		Net loans and leases charged-off		(2,528)		(1,773)
	Other changes, net			(27)		27
Ending balance			$	2,755	$	2,672
Allowance for loan and lease losses			$	2,708	$	2,600
Reserve for unfunded lending commitments				47		72
Allowance for credit losses			$	2,755	$	2,672

Breakdown of Allowance for Loan and Lease Losses Based on Method for Determining Allowance

			December 31, 2011
			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	77	$	356	$	―	$	433
	Commercial real estate - other			69		265		―		334
	Commercial real estate - residential ADC			50		236		―		286
	Other lending subsidiaries			1		10		―		11
Retail:
	Direct retail lending			35		197		―		232
	Revolving credit			27		85		―		112
	Residential mortgage			152		213		―		365
	Sales finance			1		37		―		38
	Other lending subsidiaries			20		166		―		186
Covered and other acquired				―		36		113		149
Unallocated				―		110		―		110
		Total	$	432	$	1,711	$	113	$	2,256

			December 31, 2010
			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	96	$	525	$	―	$	621
	Commercial real estate - other			63		383		―		446
	Commercial real estate - residential ADC			75		394		―		469
	Other lending subsidiaries			1		20		―		21
Retail:
	Direct retail lending			26		220		―		246
	Revolving credit			25		84		―		109
	Residential mortgage			167		131		―		298
	Sales finance			1		46		―		47
	Other lending subsidiaries			2		175		―		177
Covered and other acquired				―		54		90		144
Unallocated				―		130		―		130
		Total	$	456	$	2,162	$	90	$	2,708

Breakdown of Recorded Investment in Loans Based on Method for Determining Allowance

			December 31, 2011
			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	656	$	35,759	$	―	$	36,415
	Commercial real estate - other			511		10,178		―		10,689
	Commercial real estate - residential ADC			420		1,641		―		2,061
	Other lending subsidiaries			5		3,621		―		3,626
Retail:
	Direct retail lending			165		14,302		―		14,467
	Revolving credit			62		2,150		―		2,212
	Residential mortgage			931		19,650		―		20,581
	Sales finance			10		7,391		―		7,401
	Other lending subsidiaries			49		5,062		―		5,111
Covered and other acquired				―		2,782		2,124		4,906
		Total	$	2,809	$	102,536	$	2,124	$	107,469

			December 31, 2010
			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	708	$	33,342	$	―	$	34,050
	Commercial real estate - other			691		10,748		―		11,439
	Commercial real estate - residential ADC			684		2,713		―		3,397
	Other lending subsidiaries			4		3,399		―		3,403
Retail:
	Direct retail lending			177		13,572		―		13,749
	Revolving credit			62		2,065		―		2,127
	Residential mortgage			803		16,747		―		17,550
	Sales finance			5		7,045		―		7,050
	Other lending subsidiaries			24		4,526		―		4,550
Covered and other acquired				―		3,394		2,858		6,252
		Total	$	3,158	$	97,551	$	2,858	$	103,567

Schedule of Commercial Credit Exposure Credit Risk Profile by Internal Loan Risk Rating

			December 31, 2011
							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	33,497	$	8,568	$	1,085	$	3,578
	Special mention			488		234		60		5
	Substandard - performing			1,848		1,493		540		35
	Nonperforming			582		394		376		8
		Total	$	36,415	$	10,689	$	2,061	$	3,626

			December 31, 2010
							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	30,774	$	9,095	$	1,587	$	3,348
	Special mention			554		306		108		30
	Substandard - performing			2,214		1,633		1,189		14
	Nonperforming			508		405		513		11
		Total (1)	$	34,050	$	11,439	$	3,397	$	3,403

(1) Excludes nonperforming commercial loans held for sale of $521 million as of December 31, 2010.

Schedule of Retail Credit Exposure Credit Risk Profile Based on Payment Activity

			December 31, 2011
			Direct Retail		Revolving		Residential		Sales		Other Lending
			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	14,325	$	2,212	$	20,273	$	7,394	$	5,056
	Nonperforming			142		―		308		7		55
		Total	$	14,467	$	2,212	$	20,581	$	7,401	$	5,111

			December 31, 2010
			Direct Retail		Revolving		Residential		Sales		Other Lending
			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	13,558	$	2,127	$	17,084	$	7,044	$	4,501
	Nonperforming			191		―		466		6		49
		Total	$	13,749	$	2,127	$	17,550	$	7,050	$	4,550

Aging Analysis of Past Due Loans and Leases

			December 31, 2011
			Accruing Loans and Leases
							90 Days Or		Nonaccrual		Total Loans And
					30-89 Days		More Past		Loans And		Leases, Excluding
			Current		Past Due		Due		Leases		Covered Loans
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	35,746	$	85	$	2	$	582	$	36,415
	Commercial real estate - other			10,273		22		―		394		10,689
	Commercial real estate - residential ADC			1,671		14		―		376		2,061
	Other lending subsidiaries			3,589		25		4		8		3,626
Retail:
	Direct retail lending			14,109		161		55		142		14,467
	Revolving credit			2,173		22		17		―		2,212
	Residential mortgage (2)			19,393		570		310		308		20,581
	Sales finance			7,301		75		18		7		7,401
	Other lending subsidiaries			4,807		248		1		55		5,111
Other acquired				37		1		1		―		39
		Total (2)	$	99,099	$	1,223	$	408	$	1,872	$	102,602

				December 31, 2010
				Accruing Loans and Leases
								90 Days Or		Nonaccrual		Total Loans And
						30-89 Days		More Past		Loans And		Leases, Excluding
				Current		Past Due		Due		Leases (1)		Covered Loans
				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	33,371	$	163	$	8	$	508	$	34,050
		Commercial real estate - other			10,962		68		4		405		11,439
		Commercial real estate - residential ADC			2,792		84		8		513		3,397
		Other lending subsidiaries			3,358		29		5		11		3,403
	Retail:
		Direct retail lending			13,293		189		76		191		13,749
		Revolving credit			2,079		28		20		―		2,127
		Residential mortgage (2)			16,173		615		296		466		17,550
		Sales finance			6,922		95		27		6		7,050
		Other lending subsidiaries			4,281		219		1		49		4,550
	Other acquired				54		1		3		―		58
			Total (2)	$	93,285	$	1,491	$	448	$	2,149	$	97,373
(1)	Excludes nonperforming commercial loans held for sale of $521 million as of December 31, 2010.
(2)	Residential mortgage loans include $91 million and $83 million in government guaranteed loans 30-89 days past due, and $206 million and $153 million in government guaranteed loans 90 days or more past due as of December 31, 2011 and December 31, 2010, respectively.

Schedule of Information Regarding Impaired Loans

				December 31, 2011
						Unpaid				Average		Interest
				Recorded		Principal		Related		Recorded		Income
				Investment		Balance		Allowance		Investment		Recognized
				(Dollars in millions)
With No Related Allowance Recorded:
	Commercial:
		Commercial and industrial		$	114	$	196	$	―	$	102	$	―
		Commercial real estate - other			102		163		―		94		1
		Commercial real estate - residential ADC			153		289		―		145		―
		Other lending subsidiaries			―		―		―		―		―
	Retail:
		Direct retail lending			19		74		―		23		1
		Residential mortgage (1)			46		85		―		55		2
		Sales finance			1		1		―		1		―
		Other lending subsidiaries			2		4		―		3		―
With An Allowance Recorded:
	Commercial:
		Commercial and industrial			542		552		77		300		1
		Commercial real estate - other			409		433		69		278		5
		Commercial real estate - residential ADC			267		298		50		164		1
		Other lending subsidiaries			5		5		1		5		―
	Retail:
		Direct retail lending			146		153		35		128		8
		Revolving credit			62		61		27		61		3
		Residential mortgage (1)			653		674		125		562		26
		Sales finance			9		10		1		6		―
		Other lending subsidiaries			47		50		20		31		2
			Total (1)	$	2,577	$	3,048	$	405	$	1,958	$	50

					December 31, 2010
							Unpaid
					Recorded		Principal		Related
					Investment		Balance		Allowance
					(Dollars in millions)
	With No Related Allowance Recorded:
		Commercial:
			Commercial and industrial		$	196	$	267	$	―
			Commercial real estate - other			175		246		―
			Commercial real estate - residential ADC			200		300		―
		Retail:
			Direct retail lending			22		69		―
			Residential mortgage (1)			25		50		―
	With An Allowance Recorded:
		Commercial:
			Commercial and industrial			512		534		96
			Commercial real estate - other			516		565		63
			Commercial real estate - residential ADC			484		556		75
			Other lending subsidiaries			4		4		1
		Retail:
			Direct retail lending			155		161		26
			Revolving credit			62		61		25
			Residential mortgage (1)			663		690		153
			Sales finance			5		5		1
			Other lending subsidiaries			24		24		2
				Total (1)	$	3,043	$	3,532	$	442
(1)		Residential mortgage loans exclude $232 million and $115 million in government guaranteed loans and related allowance of $27 million and $14 million as of December 31, 2011 and December 31, 2010, respectively.

Summary Of Reason For Classification As Troubled Debt Restructurings

			Year Ended December 31, 2011
			Types of
			Modifications (1)				Increase To
			Rate (2)		Structure		Allowance
			(Dollars in millions)
	Commercial:
		Commercial and industrial	$	29	$	68	$	5
		Commercial real estate - other		56		58		8
		Commercial real estate - residential ADC		29		47		10
		Other lending subsidiaries		1		1		―
	Retail:
		Direct retail lending		51		5		9
		Revolving credit		40		―		8
		Residential mortgage		142		35		17
		Sales finance		5		5		1
		Other lending subsidiaries		37		7		15
(1)	Includes modifications made to existing restructurings, as well as new modifications that are considered restructurings. Balances represent the recorded investment as of the end of the period in which the modification was made.
(2)	Includes restructurings made with a below market interest rate that also includes a modification of loan structure.

Modifications that defaulted during the period that had been classified as a restructuring during the previous 12 months

		Year Ended December 31, 2011
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	39
	Commercial real estate - other		92
	Commercial real estate - residential ADC		80
	Other lending subsidiaries		―
Retail:
	Direct retail lending		16
	Revolving credit		15
	Residential mortgage		31
	Sales finance		2
	Other lending subsidiaries		5