

						December 31,
(in millions)						2011	2010
Land					$	1,825	1,825
Buildings						7,441	7,440
Furniture and equipment						7,195	6,689
Leasehold improvements						1,725	1,683
Premises and equipment leased
	under capital leases					147	148
		Total premises and equipment				18,333	17,785
Less: Accumulated depreciation
	and amortization					8,802	8,141
			Net book value,
				premises and equipment	$	9,531	9,644

Depreciation and amortization expense for premises and equipment was $1.4 billion, $1.5 billion and $1.3 billion in 2011, 2010 and 2009, respectively.

Dispositions of premises and equipment, included in noninterest expense, resulted in net losses of $17 million, $115 million and $22 million in 2011, 2010 and 2009, respectively.

We have obligations under a number of noncancelable operating leases for premises and equipment. The terms of these leases are predominantly up to 15 years, with the longest up to 94 years, and many provide for periodic adjustment of rentals based on changes in various economic indicators. Some leases also include a renewal option. The following table provides the future minimum payments under capital leases and noncancelable operating leases, net of sublease rentals, with terms greater than one year as of December 31, 2011.



			Operating		Capital
(in millions)			leases		leases
Year ended December 31,
2012		$	1,319		54
2013			1,216		55
2014			1,075		3
2015			872		3
2016			717		3
Thereafter			3,239		17
	Total minimum lease payments	$	8,438		135
Executory costs				$	(9)
Amounts representing interest					(10)
Present value of net minimum
	lease payments			$	116

Operating lease rental expense (predominantly for premises), net of rental income, was $1.2 billion, $1.3 billion and $1.4 billion in 2011, 2010 and 2009, respectively.



							December 31,
(in millions)							2011	2010
Nonmarketable equity investments:
	Cost method:
		Private equity investments				$	3,444	3,240
		Federal bank stock					4,617	5,254
			Total cost method				8,061	8,494
	LIHTC investments - equity method (1)						4,077	3,611
	All other equity method						4,434	4,013
	Principal investments (2)						236	305
				Total nonmarketable
					equity investments		16,808	16,423
Corporate/bank-owned life insurance							20,146	19,845
Accounts receivable							25,939	23,763
Interest receivable							5,296	4,895
Core deposit intangibles							7,311	8,904
Customer relationship and
	other amortized intangibles						1,639	1,847
Foreclosed assets:
	GNMA (3)						1,319	1,479
	Other						3,342	4,530
Operating lease assets							1,825	1,873
Due from customers on acceptances							225	229
Other							17,172	15,993
					Total other assets	$	101,022	99,781

(2) Principal investments are recorded at fair value with realized and unrealized gains (losses) included in net gains (losses) from equity investments in the income statement.

(3) These are foreclosed real estate securing FHA insured and VA guaranteed loans. Both principal and interest for these loans secured by the foreclosed real estate are collectible because they are insured/guaranteed.



				Year ended December 31,
(in millions)				2011	2010	2009
Net gains (losses) from:
	Private equity investments		$	813	492	(368)
	Principal investments			29	42	79
All other nonmarketable
	equity investments			(298)	(188)	(234)
		Total	$	544	346	(523)