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Other Assets
 3 Months Ended
Mar. 31, 2013
Other Assets [Abstract]  
Other Assets

The components of other assets were:

         
       Mar. 31,Dec. 31,
(in millions)  2013 2012
Nonmarketable equity investments:  
 Cost method:   
  Private equity investments$ 2,451 2,572
  Federal bank stock  4,198 4,227
   Total cost method  6,649 6,799
 Equity method and other:   
  LIHTC investments (1)  4,863 4,767
  Private equity and other (2)  6,667 6,156
   Total equity method and other  11,530 10,923
    Total nonmarketable    
     equity investments 18,179 17,722
Corporate/bank-owned life insurance  18,721 18,649
Accounts receivable  24,091 25,828
Interest receivable  5,294 5,006
Core deposit intangibles  5,605 5,915
Customer relationship and    
 other amortized intangibles  1,284 1,352
Foreclosed assets:   
 GNMA (3)  969 1,509
 Other  2,381 2,514
Operating lease assets  1,984 2,001
Due from customers on acceptances 275 282
Other  9,103 12,800
     Total other assets$ 87,886 93,578
         

  • Represents low income housing tax credit investments.
  • March 31, 2013, includes $197 million in nonmarketable equity investments that are measured at fair value. See Note 13 for additional information.
  • 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.

 

Income related to nonmarketable equity investments was:

 

        
     Quarter ended March 31,
(in millions) 20132012
Net realized gains from   
 private equity investments$ 45 131
All other  37 21
 Total$ 82 152