Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2012

Preferred Stock (Tables) [Abstract]

Detail of Preferred Stock



							December 31,
							2012				2011
								Liquidation	Shares			Liquidation	Shares
								preference	authorized			preference	authorized
								per share	and designated			per share	and designated
DEP Shares
Dividend Equalization Preferred Shares							$	10	97,000		$	10	97,000
Series G
7.25% Class A Preferred Stock								15,000	50,000			15,000	50,000
Series H
Floating Class A Preferred Stock								20,000	50,000			20,000	50,000
Series I
Floating Class A Preferred Stock								100,000	25,010			100,000	25,010
Series J
8.00% Non-Cumulative Perpetual Class A Preferred Stock								1,000	2,300,000			1,000	2,300,000
Series K
7.98% Fixed-to-Floating Non-Cumulative Perpetual Class A Preferred Stock								1,000	3,500,000			1,000	3,500,000
Series L
7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock								1,000	4,025,000			1,000	4,025,000
Series N
5.20% Non-Cumulative Perpetual Class A Preferred Stock								25,000	30,000			-	-
Series O
5.125% Non-Cumulative Perpetual Class A Preferred Stock								25,000	27,600			-	-
	Total								10,104,610				10,047,010



							December 31, 2012						December 31, 2011
							Shares						Shares
							issued and		Par	Carrying			issued and		Par	Carrying
(in millions, except shares)							outstanding		value	value	Discount		outstanding		value	value	Discount
DEP Shares
Dividend Equalization Preferred Shares							96,546	$	-	-	-		96,546	$	-	-	-
Series I (1)
Floating Class A Preferred Stock							25,010		2,501	2,501	-		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		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		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		3,968,000		3,968	3,200	768
Series N (1)
5.20% Non-Cumulative Perpetual Class A Preferred Stock							30,000		750	750	-		-		-	-	-
Series O (1)
5.125% Non-Cumulative Perpetual Class A Preferred Stock							26,000		650	650	-		-		-	-	-
ESOP
Cumulative Convertible Preferred Stock							910,934		911	911	-		858,759		859	859	-
	Total						10,558,865	$	14,282	12,883	1,399		10,450,690	$	12,830	11,431	1,399

Preferred shares qualify as Tier 1 capital.

Detail of Employee Stock Ownership Plan Preferred Stock



							Shares issued and outstanding				Carrying value				Adjustable
								December 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						245,604	-		$	246		-		10.00	%	11.00
	2011						277,263	370,280			277		370		9.00		10.00
	2010						201,011	231,361			201		232		9.50		10.50
	2008						73,434	89,154			73		89		10.50		11.50
	2007						53,768	68,414			54		69		10.75		11.75
	2006						33,559	46,112			34		46		10.75		11.75
	2005						18,882	30,092			19		30		9.75		10.75
	2004						7,413	17,115			7		17		8.50		9.50
	2003						-	6,231			-		6		8.50		9.50
Total ESOP Preferred Stock (1)							910,934	858,759		$	911		859
Unearned ESOP shares (2)										$	(986)		(926)

At December 31, 2012 and 2011, additional paid-in capital included $75 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.