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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Loans, including loans held for sale $ 4,463 $ 4,579 $ 13,049 $ 13,824
Investment securities 398 396 1,223 1,161
Other 26 23 80 74
Total interest income 4,887 4,998 14,352 15,059
Interest expense:        
Deposits 271 309 819 953
Securitized debt obligations 32 42 109 143
Senior and subordinated notes 71 76 226 240
Other borrowings 16 11 36 40
Total interest expense 390 438 1,190 1,376
Net interest income 4,497 4,560 13,162 13,683
Provision for credit losses 993 849 2,432 2,496
Net interest income after provision for credit losses 3,504 3,711 10,730 11,187
Non-interest income:        
Service charges and other customer-related fees 471 530 1,405 1,614
Interchange fees, net 523 476 1,498 1,407
Total other-than-temporary impairment (10) (16) (16) (34)
Less: Portion of other-than-temporary impairment recorded in AOCI 1 5 1 (6)
Net other-than-temporary impairment recognized in earnings (9) (11) (15) (40)
Other 157 96 427 176
Total non-interest income 1,142 1,091 3,315 3,157
Non-interest expense:        
Salaries and associate benefits 1,128 1,152 3,414 3,365
Occupancy and equipment 419 376 1,271 1,104
Marketing 392 299 1,052 946
Professional services 304 328 887 990
Communications and data processing 196 225 595 677
Amortization of intangibles 130 161 409 505
Other 416 568 1,268 1,531
Total non-interest expense 2,985 3,109 8,896 9,118
Income from continuing operations before income taxes 1,661 1,693 5,149 5,226
Income tax provision 536 575 1,696 1,747
Income from continuing operations, net of tax 1,125 1,118 3,453 3,479
Loss from discontinued operations, net of tax (44) (13) (24) (210)
Net income 1,081 1,105 3,429 3,269
Dividends and undistributed earnings allocated to participating securities (5) (5) (14) (14)
Preferred stock dividends (20) (13) (46) (39)
Net income available to common stockholders $ 1,056 $ 1,087 $ 3,369 $ 3,216
Basic earnings per common share:        
Net income from continuing operations (in dollars per share) $ 1.97 $ 1.89 $ 5.99 $ 5.89
Loss from discontinued operations (in dollars per share) $ (0.08) $ (0.02) $ (0.04) $ (0.36)
Net income per basic common share (in dollars per share) $ 1.89 $ 1.87 $ 5.95 $ 5.53
Diluted earnings per common share:        
Net income from continuing operations (in dollars per share) $ 1.94 $ 1.86 $ 5.90 $ 5.82
Loss from discontinued operations (in dollars per share) $ (0.08) $ (0.02) $ (0.04) $ (0.36)
Net income per diluted common share (in dollars per share) $ 1.86 $ 1.84 $ 5.86 $ 5.46
Dividends paid per common share (in dollars per share) $ 0.30 $ 0.30 $ 0.90 $ 0.65