Preferred Stock (Tables)

3 Months Ended

Mar. 31, 2012



		March 31, 2012 and December 31, 2011
				Liquidation	Shares
				preference	authorized
				per share	and designated
DEP Shares
Dividend Equalization Preferred Shares			$	10	97,000
Series G
7.25% Class A Preferred Stock				15,000	50,000
Series H
Floating Class A Preferred Stock				20,000	50,000
Series I
5.80% Fixed to Floating Class A
	Preferred Stock			100,000	25,010
Series J
8.00% Non-Cumulative Perpetual
	Class A Preferred Stock			1,000	2,300,000
Series K
7.98% Fixed-to-Floating Non-Cumulative
	Perpetual Class A Preferred Stock			1,000	3,500,000
Series L
7.50% Non-Cumulative Perpetual
	Convertible Class A Preferred Stock			1,000	4,025,000
	Total				10,047,010



		March 31, 2012 and December 31, 2011
		Shares
		issued and			Carrying
(in millions, except shares)		outstanding		Par value	value	Discount
DEP Shares
Dividend Equalization Preferred Shares		96,546	$	-	-	-
Series I (1)
5.80% Fixed to Floating Class A Preferred Stock		25,010		2,501	2,501	-
Series J (1)
8.00% Non-Cumulative Perpetual Class A
	Preferred Stock	2,150,375		2,150	1,995	155
Series K (1)
7.98% Fixed-to-Floating Non-Cumulative
	Perpetual Class A Preferred Stock	3,352,000		3,352	2,876	476
Series L (1)
7.50% Non-Cumulative Perpetual
	Convertible Class A Preferred Stock	3,968,000		3,968	3,200	768
	Total	9,591,931	$	11,971	10,572	1,399



		Shares issued and outstanding			Carrying value			Adjustable
		March 31,	December 31,		March 31,	December 31,		dividend rate
(in millions, except shares)		2012	2011		2012		2011	Minimum	Maximum
ESOP Preferred Stock
$1,000 liquidation preference per share
	2012	670,306	-	$	670		-	10.00	%	11.00
	2011	370,280	370,280		370		370	9.00		10.00
	2010	231,361	231,361		232		232	9.50		10.50
	2008	89,154	89,154		89		89	10.50		11.50
	2007	68,414	68,414		69		69	10.75		11.75
	2006	46,112	46,112		46		46	10.75		11.75
	2005	30,092	30,092		30		30	9.75		10.75
	2004	17,115	17,115		17		17	8.50		9.50
	2003	6,231	6,231		6		6	8.50		9.50
Total ESOP Preferred Stock (1)		1,529,065	858,759	$	1,529		859
Unearned ESOP shares (2)				$	(1,659)		(926)

At March 31, 2012, and December 31, 2011, additional paid-in capital included $130 million and $67 million, respectively, related to preferred stock.
We recorded a corresponding charge to unearned ESOP shares in connection with the issuance of the ESOP Preferred Stock. The unearned ESOP shares are reduced as shares of the ESOP Preferred Stock are committed to be released.