Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2011

		December 31,
		2011		2010

		(Dollars in millions)
Land and land improvements		$	508	$	495
Buildings and building improvements			1,220		1,180
Furniture and equipment			1,132		1,117
Leasehold improvements			521		499
Construction in progress			37		22
Capitalized leases on premises and equipment			52		41
	Total		3,470		3,354
Less - accumulated depreciation and amortization			(1,615)		(1,514)
	Net premises and equipment	$	1,855	$	1,840

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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