ACQUISITION OF FIRSTMERIT CORPORATION - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions |
Aug. 16, 2016 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Assets acquired: | ||||
Goodwill | $ 1,993 | $ 1,993 | $ 677 | |
FirstMerit Bank | ||||
Assets acquired: | ||||
Goodwill | $ 1,000 | |||
Business Combination, Consideration Transferred [Abstract] | ||||
Consideration transferred, equity interest issued and issuable | 2,800 | |||
Payments to acquired business in cash | 800 | |||
FirstMerit Bank | Common Stock | ||||
Business Combination, Consideration Transferred [Abstract] | ||||
Consideration transferred, equity interest issued and issuable | 2,800 | |||
FirstMerit Bank | Preferred Stock | ||||
Business Combination, Consideration Transferred [Abstract] | ||||
Consideration transferred, equity interest issued and issuable | 100 | |||
FirstMerit Bank | Core deposit intangible | ||||
Assets acquired: | ||||
Intangible assets | 310 | |||
FirstMerit Bank | Other | ||||
Assets acquired: | ||||
Intangible assets | $ 95 |
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- References No definition available.
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- Definition Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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