| Summary of Premises and Equipment |
| | | | | | | | | | | | | | | | December 31, | | (in millions) | | 2012 | 2011 | | Land | $ | 1,832 | 1,825 | | Buildings | | 7,670 | 7,441 | | Furniture and equipment | | 7,194 | 7,195 | | Leasehold improvements | | 1,839 | 1,725 | | Premises and equipment leased | | | | | | under capital leases | | 122 | 147 | | | | Total premises and equipment | | 18,657 | 18,333 | | Less: Accumulated depreciation | | | | | | and amortization | | 9,229 | 8,802 | | | | | Net book value, | | | | | | | | | premises and equipment | $ | 9,428 | 9,531 | | | | | | | | | |
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| Components of Other Assets |
| | | | | | | | | | | | | | | | | December 31, | | (in millions) | | 2012 | 2011 | | Nonmarketable equity investments: | | | | | Cost method: | | | | | | | Private equity investments | $ | 2,572 | 3,444 | | | | Federal bank stock | | 4,227 | 4,617 | | | | | Total cost method | | 6,799 | 8,061 | | | Equity method and other: | | | | | | | LIHTC investments (1) | | 4,767 | 4,077 | | | | Private equity and other | | 6,156 | 4,670 | | | | | Total equity method and other | | 10,923 | 8,747 | | | | | | Total nonmarketable | | | | | | | | | | equity investments (2) | 17,722 | 16,808 | | Corporate/bank-owned life insurance | | 18,649 | 20,146 | | Accounts receivable | | 25,828 | 25,939 | | Interest receivable | | 5,006 | 5,296 | | Core deposit intangibles | | 5,915 | 7,311 | | Customer relationship and | | | | | | other amortized intangibles | | 1,352 | 1,639 | | Foreclosed assets: | | | | | | GNMA (3) | | 1,509 | 1,319 | | | Other | | 2,514 | 3,342 | | Operating lease assets | | 2,001 | 1,825 | | Due from customers on acceptances | 282 | 225 | | Other | | 12,800 | 17,172 | | | | | | | Total other assets | $ | 93,578 | 101,022 | | | | | | | | | | |
- Represents low income housing tax credit investments.
- Proceeds from sales of nonmarketable equity investments totaled $2.3 billion and $2.4 billion and purchases totaled $2.6 billion and $2.7 billion for 2012 and 2011, respectively.
(3) These are foreclosed real estate securing GNMA loans. Both principal and interest for government insured/guaranteed loans secured by the foreclosed real estate are collectible because the loans are insured by the FHA or guaranteed by the VA. |