Guarantees, Pledged Assets and Collateral (Tables)

12 Months Ended

Dec. 31, 2011



			December 31,
			2011			2010
				Maximum	Non-		Maximum	Non-
			Carrying	exposure	investment	Carrying	exposure	investment
(in millions)			value	to loss	grade	value	to loss	grade
Standby letters of credit		$	85	41,171	22,259	142	42,159	19,596
Securities lending and other indemnifications (1)			-	669	62	45	13,645	3,993
Liquidity agreements (2)			-	2	2	-	49	1
Written put options (2)(3)			1,469	8,224	2,466	747	8,134	2,615
Loans and MHFS sold with recourse			102	5,784	3,850	119	5,474	3,564
Residual value guarantees			8	197	-	8	197	-
Contingent consideration			31	98	97	23	118	116
Other guarantees			6	552	4	-	73	-
	Total guarantees	$	1,701	56,697	28,740	1,084	69,849	29,885

We commenced divestiture of our securities lending business in the latter half of 2011.
Certain of these agreements included in this table are related to off-balance sheet entities and, accordingly, are also disclosed in Note 8.
Written put options, which are in the form of derivatives, are also included in the derivative disclosures in Note 16.

Significant Components of Assets Pledged



				Dec. 31,	Dec. 31,
(in millions)				2011		2010
	Securities available for sale		$	80,540		94,212
	Loans			317,742		312,602
		Total	$	398,282		406,814

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

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