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Consolidated Statements of Income (USD $)
In Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2009
Jun. 30, 2008
Jun. 30, 2009
Jun. 30, 2008
Interest Income
Interest and fees on loans and leases $ 1,336 $ 1,501 $ 2,658 $ 3,096
Interest and dividends on securities 302 283 657 572
Interest on short-term investments 2 6 4 17
Total interest income 1,640 1,790 3,319 3,685
Interest Expense
Interest on deposits 320 455 666 1,019
Interest on federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds 17 59 40 147
Interest on long-term debt 165 208 329 434
Total interest expense 502 722 1,035 1,600
Net Interest Income 1,138 1,068 2,284 2,085
Provision for credit losses 701 330 1,377 553
Net Interest Income After Provision for Credit Losses 437 738 907 1,532
Noninterest Income
Insurance income 281 237 533 449
Service charges on deposits 168 172 324 326
Investment banking and brokerage fees and commissions 92 88 174 174
Mortgage banking income 184 57 372 116
Checkcard fees 57 53 106 99
Other nondeposit fees and commissions 53 47 106 93
Trust and investment advisory revenues 33 38 65 78
Bankcard fees and merchant discounts 39 39 74 75
Income from bank-owned life insurance 25 25 48 38
Other income 42 61 53 97
Realized gains (losses), net 20 10 206 53
Other-than-temporary impairments (78) 0 (114) 0
Less non-credit portion recognized in other comprehensive income 77 0 77 0
Total securities gains (losses), net 19 10 169 53
Total noninterest income 993 827 2,024 1,598
Noninterest Expense
Personnel expense 623 565 1,223 1,112
Occupancy and equipment expense 128 124 257 247
Professional services 64 48 117 85
Foreclosed property expense 60 17 96 30
Regulatory charges 106 4 139 9
Loan processing expenses 34 33 63 64
Amortization of intangibles 24 25 49 52
Merger-related and restructuring charges, net (1) 1 11 6
Other expenses 143 142 295 289
Total noninterest expense 1,181 959 2,250 1,894
Earnings
Income before income taxes 249 606 681 1,236
Provision for income taxes 41 175 155 376
Net income 208 431 526 860
Noncontrolling interest 4 3 10 4
Dividends and accretion on preferred stock 83 0 124 0
Net income available to common shareholders $ 121 $ 428 $ 392 $ 856
Earnings Per Common Share
Earnings Per Common Share, Basic $ 0.2 $ 0.78 $ 0.67 $ 1.57
Earnings Per Common Share, Diluted $ 0.2 $ 0.78 $ 0.67 $ 1.56
Cash dividends paid $ 0.47 $ 0.46 $ 0.94 $ 0.92
Weighted Average Shares Outstanding
Weighted Average Shares, Basic 602,726 546,628 581,382 546,421
Weighted Average Shares, Diluted 608,797 549,758 586,256 549,344