Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 1,520 $ 1,385
Interest-bearing deposits in banks 47 58
Trading account securities 86 133
Available-for-sale and other securities 15,469 15,563
Held-to-maturity securities 9,091 7,807
Loans held for sale 488 513
Loans and leases (includes $93 and $82 respectively, measured at fair value)    
Commercial and industrial loans and leases 28,107 28,059
Commercial real estate loans 7,225 7,301
Automobile loans 12,100 10,969
Home equity loans 10,099 10,106
Residential mortgage loans 9,026 7,725
Loans Receivable, Gross, Recreation Finance 2,438 1,846
Other consumer loans 1,122 956
Loans and leases (includes $93 and $82 respectively, measured at fair value)(1) 70,117 66,962
Allowance for loan and lease losses (691) (638)
Net loans and leases 69,426 66,324
Bank owned life insurance 2,466 2,432
Premises and equipment 864 816
Goodwill 1,993 1,993
Other intangible assets 346 402
Servicing rights 238 226
Accrued income and other assets 2,151 2,062
Total assets 104,185 99,714
Deposits in domestic offices    
Demand deposits—noninterest-bearing 21,546 22,836
Interest-bearing 55,495 52,772
Deposits 77,041 75,608
Short-term borrowings 5,056 3,693
Long-term debt 9,206 8,309
Accrued expenses and other liabilities 2,068 1,796
Total liabilities 93,371 89,406
Commitments and contingencies  
Shareholders’ equity    
Preferred stock 1,071 1,071
Common stock 11 11
Capital surplus 9,707 9,881
Less treasury shares, at cost (35) (27)
Accumulated other comprehensive loss (528) (401)
Retained earnings (deficit) 588 (227)
Total shareholders’ equity 10,814 10,308
Total liabilities and shareholders’ equity $ 104,185 $ 99,714
Common shares authorized (par value of $0.01) (in shares) 1,500,000,000 1,500,000,000
Common shares issued (in shares) 1,075,294,946 1,088,641,251
Common shares outstanding (in shares) 1,072,026,681 1,085,688,538
Treasury shares outstanding (in shares) 3,268,265 2,952,713
Preferred Stock, Shares Authorized 6,617,808 6,617,808
Preferred shares issued (in shares) 2,702,571 2,702,571
Preferred shares outstanding (in shares) 1,098,006 1,098,006
Series A Preferred Stock    
Shareholders’ equity    
Total shareholders’ equity $ 1,071 $ 1,071
Preferred shares outstanding (in shares) 362,506  
Series B Preferred Stock    
Shareholders’ equity    
Preferred shares outstanding (in shares) 35,500