Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2012

Long-Term Debt

Schedule of Long-Term Debt

				March 31,		December 31,
				2012		2011
				(Dollars in millions)
	BB&T Corporation:
		3.85% Senior Notes Due 2012		$	1,000	$	1,000
		3.38% Senior Notes Due 2013			500		500
		5.70% Senior Notes Due 2014			510		510
		2.05% Senior Notes Due 2014			700		700
		Floating Rate Senior Notes Due 2014 (1)			300		300
		3.95% Senior Notes Due 2016			499		499
		3.20% Senior Notes Due 2016			999		999
		2.15% Senior Notes Due 2017			748		―
		6.85% Senior Notes Due 2019			539		538
		4.75% Subordinated Notes Due 2012 (2)			490		490
		5.20% Subordinated Notes Due 2015 (2)			933		933
		4.90% Subordinated Notes Due 2017 (2)			343		342
		5.25% Subordinated Notes Due 2019 (2)			586		586
		3.95% Subordinated Notes Due 2022 (2)			298		―
	Branch Bank:
		Floating Rate Subordinated Notes Due 2016 (2)(3)			350		350
		Floating Rate Subordinated Notes Due 2017 (2)(3)			262		262
		4.875% Subordinated Notes Due 2013 (2)			222		222
		5.625% Subordinated Notes Due 2016 (2)			386		386
	Federal Home Loan Bank Advances to Branch Bank: (4)
		Varying maturities to 2034			8,996		8,998
	Junior Subordinated Debt to Unconsolidated Trusts (5)				3,271		3,271
	Other Long-Term Debt				95		83
	Fair value hedge-related basis adjustments				741		834
			Total Long-Term Debt	$	22,768	$	21,803
(1)	These floating-rate senior notes are based on LIBOR and had an effective rate of 1.25% at March 31, 2012.
(2)	Subordinated notes that qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.
(3)	These floating-rate securities are based on LIBOR, but the majority of the cash flows have been swapped to a fixed rate. The effective rate paid on these securities including the effect of the swapped portion was 3.26% at March 31, 2012.
(4)	Certain of these advances have been swapped to floating rates from fixed rates and from fixed rates to floating rates. At March 31, 2012, the weighted average rate paid on these advances including the effect of the swapped portion was 3.61%, and the weighted average maturity was 7.3 years.
(5)	Securities that qualify under the risk-based capital guidelines as Tier 1 capital, subject to certain limitations. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2011 for additional information.