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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2011	Jul. 31, 2011
Document and Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2011
Entity Registrant Name	BB&T CORP
Entity Central Index Key	0000092230
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		697,047,852

Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Assets
Cash and due from banks	$ 1,199	$ 1,127
Interest-bearing deposits with banks	1,337	931
Federal funds sold and securities purchased under resale agreements or similar arrangements	250	327
Segregated cash due from banks	19	309
Trading securities at fair value	564	633
Securities available for sale at fair value ($1,657 and $1,539 covered by FDIC loss share at June 30, 2011 and December 31, 2010, respectively)	19,409	23,169
Securities held to maturity ($8,605 fair value at June 30, 2011)	8,552
Loans held for sale ($1,849 and $3,176 at fair value at June 30, 2011 and December 31, 2010, respectively)	1,965	3,697
Loans and leases ($5,504 and $6,194 covered by FDIC loss share at June 30, 2011 and December 31, 2010, respectively)	103,385	103,567
Allowance for loan and lease losses	(2,516)	(2,708)
Loans and leases, net of allowance for loan and lease losses	100,869	100,859
FDIC loss share receivable	1,446	1,922
Premises and equipment	1,846	1,840
Goodwill	6,016	6,008
Core deposit and other intangible assets	457	508
Residential mortgage servicing rights at fair value	879	830
Other assets ($390 and $360 of foreclosed property and other assets covered by FDIC loss share at June 30, 2011 and December 31, 2010, respectively)	14,502	14,921
Total assets	159,310	157,081
Deposits:
Noninterest-bearing deposits	22,507	20,637
Interest-bearing deposits	85,557	86,576
Total deposits	108,064	107,213
Federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds	4,842	5,673
Long-term debt	23,380	21,730
Accounts payable and other liabilities	5,975	5,967
Total liabilities	142,261	140,583
Commitments and contingencies (Note 13)
Shareholders' equity:
Common stock, $5 par	3,484	3,472
Additional paid-in capital	5,830	5,776
Retained earnings	8,241	7,935
Accumulated other comprehensive loss, net of deferred income taxes	(574)	(747)
Noncontrolling interests	68	62
Total shareholders' equity	17,049	16,498
Total liabilities and shareholders' equity	$ 159,310	$ 157,081
Common shares outstanding	696,894	694,381
Common shares authorized	2,000,000	2,000,000
Preferred shares authorized	5,000	5,000

Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Consolidated Balance Sheets

Securities available for sale at fair value, covered by FDIC loss share

$ 1,657

$ 1,539

Securities held to maturity, fair value

8,605

Loans held for sale, fair value

^[1]

1,849

3,176

Loans and leases covered by FDIC loss share

5,504

6,194

Foreclosed property and other assets covered by FDIC loss share

$ 390

$ 360

Common stock, par value per share

$ 5

[1]	Excludes loans held for sale carried at the lower of cost or market.

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents investments in debt securities which are categorized as held-to-maturity and that have scheduled maturities more than one year from the balance sheet date or operating cycle, if longer; such investments are normally measured at amortized cost (carrying value) unless circumstances indicate that the value to be recovered from the investment is less than its carried amount. The held-to-maturity category is for those securities that the Company has the positive intent and ability to hold until maturity.

+ References + Details

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Interest Income
Interest and fees on loans and leases	$ 1,523	$ 1,525	$ 3,043	$ 2,965
Interest and dividends on securities	163	291	313	627
Interest on other earning assets	4	3	10	6
Total interest income	1,690	1,819	3,366	3,598
Interest Expense
Interest on deposits	152	241	323	500
Interest on federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds	3	6	7	11
Interest on long-term debt	181	212	397	413
Total interest expense	336	459	727	924
Net Interest Income	1,354	1,360	2,639	2,674
Provision for credit losses	328	650	668	1,225
Net Interest Income After Provision for Credit Losses	1,026	710	1,971	1,449
Noninterest Income
Insurance income	299	287	549	540
Service charges on deposits	145	164	280	328
Mortgage banking income	83	110	178	199
Investment banking and brokerage fees and commissions	90	91	177	170
Checkcard fees	79	70	151	131
Other nondeposit fees and commissions	66	63	133	128
Bankcard fees and merchant discounts	52	45	98	85
Trust and investment advisory revenues	45	39	88	77
Income from bank-owned life insurance	29	31	59	62
FDIC loss share income, net	(81)	(78)	(139)	(73)
Other income (loss), net	(18)	(2)	(71)	20
Securities gains (losses), net
Realized gains, net	16	224	37	227
Other-than-temporary impairments	(10)	(37)	(11)	(49)
Non-credit portion recognized in other comprehensive income	(8)	32	(28)	38
Total securities gains (losses), net	(2)	219	(2)	216
Total noninterest income	787	1,039	1,501	1,883
Noninterest Expense
Personnel expense	683	649	1,377	1,295
Foreclosed property expense	145	240	288	418
Occupancy and equipment expense	152	158	306	296
Professional services	84	86	155	158
Regulatory charges	59	46	120	91
Loan processing expenses	49	47	102	82
Amortization of intangibles	25	32	51	64
Software expense	29	30	55	59
Merger-related and restructuring charges, net	2	38		55
Other expenses	167	174	313	323
Total noninterest expense	1,395	1,500	2,767	2,841
Earnings
Income before income taxes	418	249	705	491
Provision for income taxes	91	25	144	73
Net income	327	224	561	418
Noncontrolling interests	20	14	29	20
Net income available to common shareholders	$ 307	$ 210	$ 532	$ 398
Earnings Per Common Share
Basic	$ 0.44	$ 0.30	$ 0.76	$ 0.58
Diluted	0.44	0.30	0.76	0.57
Cash dividends declared	$ 0.16	$ 0.15	$ 0.33	$ 0.30
Weighted Average Shares Outstanding
Basic	696,625	692,113	695,971	691,456
Diluted	704,969	701,322	704,583	700,223

Consolidated Statements of Changes in Shareholders' Equity - USD ($) shares in Thousands, $ in Millions	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]	Total
Beginning balance, Shares at Dec. 31, 2009	689,750
Beginning balance, Value at Dec. 31, 2009	$ 3,449	$ 5,620	$ 7,539	$ (417)	$ 50	$ 16,241
Comprehensive income (loss):
Net income			398		20	418
Net change in other comprehensive income (loss)				180		180
Total comprehensive income (loss) (Note 10)			398	180	20	598
Stock transactions:
In purchase acquisitions, Shares	57
In purchase acquisitions, Values		2				2
In connection with equity awards, net of repurchases, Shares	1,596
In connection with equity awards, net of repurchases, Values	$ 8	26				34
In connection with dividend reinvestment plan, Shares	515
In connection with dividend reinvestment plan, Value	$ 3	13				16
In connection with 401(k) plan, Shares	859
In connection with 401(k) plan, Value	$ 4	22				26
Cash dividends declared on common stock			(208)			(208)
Equity-based compensation expense		37				37
Other, net					(6)	(6)
Ending balance, Shares at Jun. 30, 2010	692,777
Ending balance, Value at Jun. 30, 2010	$ 3,464	5,720	7,729	(237)	64	16,740
Beginning balance, Shares at Dec. 31, 2010	694,381
Beginning balance, Value at Dec. 31, 2010	$ 3,472	5,776	7,935	(747)	62	16,498
Comprehensive income (loss):
Net income			532		29	561
Net change in other comprehensive income (loss)				173		173
Total comprehensive income (loss) (Note 10)			532	173	29	734
Stock transactions:
In purchase acquisitions, Shares	26
In purchase acquisitions, Values		1				1
In connection with equity awards, Shares	1,838
In connection with equity awards, Values	$ 9	(9)
Shares repurchased in connection with equity awards, Shares	(617)
Shares repurchased in connection with equity awards, Value	$ (3)	(14)				(17)
In connection with dividend reinvestment plan, Shares	563
In connection with dividend reinvestment plan, Value	$ 3	12				15
In connection with 401(k) plan, Shares	703
In connection with 401(k) plan, Value	$ 3	16				19
Cash dividends declared on common stock			(226)			(226)
Equity-based compensation expense		49				49
Other, net		(1)			(23)	(24)
Ending balance, Shares at Jun. 30, 2011	696,894
Ending balance, Value at Jun. 30, 2011	$ 3,484	$ 5,830	$ 8,241	$ (574)	$ 68	$ 17,049

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Consolidated Statements of Changes In Shareholders' Equity
Cash dividends declared on common stock, per share	$ 0.16	$ 0.15	$ 0.33	$ 0.30

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Cash Flows From Operating Activities:
Net income	$ 561	$ 418
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	668	1,225
Depreciation	129	130
Amortization of intangibles	51	64
Equity-based compensation	49	37
(Gain) loss on sales of securities, net	2	(216)
Net write-downs on foreclosed property	208	328
Net change in operating assets and liabilities:
Segregated cash due from banks	290	15
Trading securities	8	49
Loans held for sale	1,294	509
FDIC loss share receivable	427	681
Other assets	214	(1,638)
Accounts payable and other liabilities	(57)	514
Other, net	9	(43)
Net cash from operating activities	3,853	2,073
Cash Flows From Investing Activities:
Proceeds from sales of securities available for sale	330	14,087
Proceeds from maturities, calls and paydowns of securities available for sale	1,728	3,013
Purchases of securities available for sale	(6,250)	(6,588)
Proceeds from maturities, calls and paydowns of securities held to maturity	312
Purchases of securities held to maturity	(523)
Originations and purchases of loans and leases, net of principal collected	(965)	(879)
Net cash paid for divestitures		(832)
Purchases of premises and equipment	(104)	(326)
Proceeds from sales of foreclosed property or other real estate held for sale	480	451
Other, net	53	15
Net cash from investing activities	(4,939)	8,941
Cash Flows From Financing Activities:
Net change in deposits	924	(9,618)
Net change in federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds	(831)	(2,027)
Proceeds from issuance of long-term debt	1,999	500
Repayment of long-term debt	(392)	(25)
Net proceeds from common stock issued	17	76
Cash dividends paid on common stock	(223)	(207)
Other, net	(7)	147
Net cash from financing activities	1,487	(11,154)
Net Change in Cash and Cash Equivalents	401	(140)
Cash and Cash Equivalents at Beginning of Period	2,385	2,649
Cash and Cash Equivalents at End of Period	2,786	2,509
Supplemental Disclosure of Cash Flow Information:
Interest	719	927
Income taxes	(236)	782
Noncash investing and financing activities:
Transfer of securities available for sale to securities held to maturity	8,341
Transfers of loans to foreclosed property	641	721
Transfers of loans held for investment to loans held for sale	$ 226	$ 620

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2011
Basis of Presentation
Basis of Presentation	NOTE 1. Basis of Presentation *General* In the opinion of management, the accompanying unaudited Consolidated Balance Sheets, Consolidated Statements of Income, Consolidated Statements of Changes in Shareholders' Equity, and Consolidated Statements of Cash Flows of BB&T Corporation and subsidiaries ("BB&T", the "Corporation" or the "Company"), are fair statements of BB&T's financial position at June 30, 2011 and December 31, 2010, BB&T's results of operations for the three and six months ended June 30, 2011 and 2010, and BB&T's changes in shareholders' equity and cash flows for the six months ended June 30, 2011 and 2010. In the opinion of management, all normal recurring adjustments necessary for a fair statement of the consolidated financial position and consolidated results of operations have been made. These consolidated financial statements and notes are presented in accordance with the instructions for Form 10-Q. The information contained in the financial statements and footnotes included in BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 should be referred to in connection with these unaudited interim consolidated financial statements. The accounting and reporting policies of BB&T and its subsidiaries are in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. *Nature of Operations* BB&T is a financial holding company organized under the laws of North Carolina. BB&T conducts operations through its principal bank subsidiary, Branch Banking and Trust Company ("Branch Bank"), BB&T Financial, FSB ("BB&T FSB"), a federally chartered thrift institution, and its nonbank subsidiaries. Branch Bank has offices in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Tennessee, Kentucky, Florida, Alabama, Indiana, Texas and Washington, D.C. Branch Bank provides a wide range of banking services to individuals and businesses, and offers a variety of loans to businesses and consumers. Such loans are made primarily to individuals residing in the market areas described above or to businesses located within BB&T's geographic footprint. Branch Bank also markets a wide range of deposit services to individuals and businesses. Branch Bank offers, either directly, or through its subsidiaries, lease financing to businesses and municipal governments; factoring; discount brokerage services, annuities and mutual funds; life insurance, property and casualty insurance, health insurance and commercial general liability insurance on an agency basis and through a wholesale insurance brokerage operation; insurance premium financing; permanent financing arrangements for commercial real estate; loan servicing for third-party investors; direct consumer finance loans to individuals; trust and comprehensive wealth advisory services and association services. BB&T FSB and the direct nonbank subsidiaries of BB&T provide a variety of financial services including credit card lending, automobile lending, equipment financing, full-service securities brokerage, asset management and capital markets services. Principles *of Consolidation* The consolidated financial statements of BB&T include the accounts of BB&T Corporation and those subsidiaries that are majority owned by BB&T and over which BB&T exercises control. In consolidation, all significant intercompany accounts and transactions are eliminated. The results of operations of companies or assets acquired are included only from the dates of acquisition. All material wholly-owned and majority-owned subsidiaries are consolidated unless GAAP requires otherwise. BB&T holds investments in certain legal entities that are considered variable interest entities ("VIE's"). VIE's are legal entities in which equity investors do not have sufficient equity at risk for the entity to independently finance its activities, or as a group, the holders of the equity investment at risk lack the power through voting or similar rights to direct the activities of the entity that most significantly impact its economic performance, or do not have the obligation to absorb the expected losses of the entity or the right to receive expected residual returns of the entity. Consolidation of a VIE is considered appropriate if a reporting entity holds a controlling financial interest in the VIE. BB&T evaluates its investments in VIE's to determine if a controlling financial interest is held. This evaluation gives appropriate consideration to the design of the entity and the variability that the entity was designed to pass along, the relative power of each of the parties to the VIE, and to BB&T's relative obligation to absorb losses or receive residual returns of the entity, in relation to such obligations and rights held by other parties to the VIE. BB&T has variable interests in certain entities that were not required to be consolidated, including affordable housing partnership interests, historic tax credit partnerships, other partnership interests and trusts that have issued capital securities. Refer to Note 13 for additional disclosures regarding BB&T's significant variable interest entities. BB&T accounts for unconsolidated partnership and similar investments using the equity method of accounting. In addition to affordable housing partnerships, which represent the majority of unconsolidated investments in variable interest entities, BB&T also has investments and future funding commitments to venture capital and other entities. The maximum potential exposure to losses relative to investments in variable interest entities is generally limited to the sum of the outstanding balance, future funding commitments and any related loans to the entity. Loans to these entities are underwritten in substantially the same manner as are other loans and are generally secured. BB&T has investments in certain entities for which BB&T does not have the controlling interest. For these investments, the Company records its interest using the equity method with its portion of income or loss being recorded in other noninterest income in the Consolidated Statements of Income. BB&T periodically evaluates these investments for impairment. *Reclassifications* In certain instances, amounts reported in prior periods' consolidated financial statements have been reclassified to conform to the current presentation. Such reclassifications had no effect on previously reported cash flows, shareholders' equity or net income. Use *of Estimates in the Preparation of Financial Statements* The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the allowance for credit losses, determination of fair value for financial instruments, valuation of goodwill, intangible assets and other purchase accounting related adjustments, benefit plan obligations and expenses, and tax assets, liabilities and expense. *Changes in Accounting Principles and Effects of New Accounting Pronouncements* In February 2010, the Financial Accounting Standards Board ("FASB") issued new guidance impacting Fair Value Measurements and Disclosures. The new guidance requires a gross presentation of purchases and sales of Level 3 activities and adds a new requirement to disclose transfers in and out of Level 1 and Level 2 measurements. The guidance related to the transfers between Level 1 and Level 2 measurements was effective for BB&T on January 1, 2010. The guidance that requires increased disaggregation of the Level 3 activities was effective for BB&T on January 1, 2011. The new disclosures required by this guidance are included in Note 14 to these consolidated financial statements. In July 2010, the FASB issued new guidance impacting Receivables. The new guidance requires additional disclosures that will allow users to understand the nature of credit risk inherent in a company's loan portfolios, how that risk is analyzed and assessed in arriving at the allowance for loan and lease losses, and changes and reasons for those changes in the allowance for loan and lease losses. The new disclosures that relate to information as of the end of the reporting period were required as of December 31, 2010. The disclosures related to activity that occurs during a reporting period were effective for reporting periods beginning on or after December 15, 2010, except for the disclosure requirements relating to troubled debt restructurings, which are effective for reporting periods beginning on or after June 15, 2011. In April 2011, the FASB issued new guidance impacting Receivables. The new guidance amended existing guidance for assisting a creditor in determining whether a restructuring is a troubled debt restructuring. The amendments clarify the guidance for a creditor's evaluation of whether it has granted a concession and whether a debtor is experiencing financial difficulties. This guidance is effective for interim and annual reporting periods beginning after June 15, 2011, and will be applied retrospectively to the beginning of the annual period of adoption. The adoption of this guidance is not expected to be material to BB&T's consolidated financial statements. In May 2011, the FASB issued new guidance impacting Fair Value Measurements and Disclosures. The new guidance creates a uniform framework for applying fair value measurement principles for companies around the world. It eliminates differences between GAAP and International Financial Reporting Standards issued by the International Accounting Standards Board. New disclosures required by the guidance include: quantitative information about the significant unobservable inputs used for Level 3 measurements; a qualitative discussion about the sensitivity of recurring Level 3 measurements to changes in the unobservable inputs disclosed, including the interrelationship between inputs; and a description of the company's valuation processes. This guidance is effective for interim and annual periods beginning after December 15, 2011, and all amendments are applied prospectively with any changes in measurements recognized in income in the period of adoption. BB&T is currently evaluating the impact the standard will have on the consolidated financial statements. In June 2011, the FASB issued new guidance impacting Comprehensive Income. The new guidance amends disclosure requirements for the presentation of comprehensive income. The amended guidance eliminates the option to present components of other comprehensive income ("OCI") as part of the statement of changes in shareholders' equity. All changes in OCI are to be presented either in a single continuous statement of comprehensive income or in two separate but consecutive financial statements. The guidance does not change the items that must be reported in OCI. This guidance is effective for fiscal years and interim reporting periods within those years beginning after December 15, 2011 with early adoption permitted. The adoption of this guidance will not impact BB&T's consolidated financial position, results of operations or cash flows and will only impact the presentation of OCI in the consolidated financial statements.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Name Statement of Position (SOP)
-Publisher AICPA
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Name FASB Interpretation (FIN)
-Publisher FASB
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
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-Section 45
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-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Securities

6 Months Ended

Jun. 30, 2011

Securities

Securities

NOTE 2. Securities

The amortized cost, gross unrealized gains and losses and approximate fair values of securities available for sale and held to maturity were as follows:


	June 30, 2011
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities available for sale:
U.S. government-sponsored entities ("GSE")	$	76	$	2	$	—	$	78
Mortgage-backed securities issued by GSE		15,254		84		107		15,231
States and political subdivisions		1,904		39		121		1,822
Non-agency mortgage-backed securities		521		—		97		424
Other securities		197		—		—		197
Covered securities		1,262		399		4		1,657

Total securities available for sale	$	19,214	$	524	$	329	$	19,409


	June 30, 2011
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities held to maturity:
Mortgage-backed securities issued by GSE	$	7,943	$	53	$	—	$	7,996
States and political subdivisions		36		—		—		36
Other securities		573		1		1		573

Total securities held to maturity	$	8,552	$	54	$	1	$	8,605


	December 31, 2010
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities available for sale:
GSE securities	$	102	$	1	$	—	$	103
Mortgage-backed securities issued by GSE		18,663		42		361		18,344
States and political subdivisions		2,051		19		161		1,909
Non-agency mortgage-backed securities		635		—		120		515
Other securities		734		27		2		759
Covered securities		1,234		307		2		1,539

Total securities available for sale	$	23,419	$	396	$	646	$	23,169

During the first quarter of 2011, BB&T reclassified approximately $8.3 billion of securities available for sale to securities held to maturity. Management determined that it has both the positive intent and ability to hold these securities to maturity. The reclassification of these securities was accounted for at fair value. On the date of transfer, the difference between the par value and the fair value of these securities resulted in a premium or discount that, under amortized cost accounting, will be amortized as a yield adjustment to interest income using the interest method. The unrealized holding gains or losses at the date of transfer will continue to be reported as a separate component of shareholders' equity in accumulated other comprehensive income, and will also be amortized over the remaining life of the securities as a yield adjustment to interest income using the interest method. Refer to Note 10 for additional disclosures related to this amount. There were no gains or losses recognized as a result of this transfer.

As of June 30, 2011, the fair value of covered securities included $1.3 billion of non-agency mortgage-backed securities and $310 million of municipal securities. As of December 31, 2010, the fair value of covered securities included $1.2 billion of non-agency mortgage-backed securities and $304 million of municipal securities. All covered securities were acquired from Colonial Bank ("Colonial") and are covered by one of the Federal Deposit Insurance Corporation ("FDIC") loss sharing agreements. BB&T is restricted from selling these securities without prior approval from the FDIC. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for additional information.

At June 30, 2011 and December 31, 2010, securities with carrying values of approximately $15.7 billion and $19.3 billion, respectively, were pledged to secure municipal deposits, securities sold under agreements to repurchase, other borrowings, and for other purposes as required or permitted by law.

BB&T had certain investments in marketable debt securities and mortgage-backed securities issued by the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") that exceeded ten percent of shareholders' equity at June 30, 2011. The Fannie Mae investments had total amortized cost and fair values of $8.4 billion at June 30, 2011, while Freddie Mac investments had total amortized cost and fair values of $10.6 billion.

At June 30, 2011 and December 31, 2010, non-agency mortgage-backed securities primarily consisted of residential mortgage-backed securities.

The gross realized gains and losses and other-than-temporary impairments recognized in income during the three and six months ended June 30, 2011 and 2010 are reflected in the following table:


	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
	(Dollars in millions)
Gross gains	$	17		$	226		$	38		$	231
Gross losses		(1	)		(2	)		(1	)		(4	)

Net realized gains/(losses)		16			224			37			227

Other-than-temporary impairment ("OTTI") recognized on non-agency mortgage-backed securities:
Total OTTI on non-agency mortgage-backed securities		(10	)		(37	)		(11	)		(49	)
Non-credit portion recognized in other comprehensive income (1)		(8	)		32			(28	)		38

Total OTTI on non-agency mortgage-backed securities recognized in net income		(18	)		(5	)		(39	)		(11	)

Net securities gains/(losses)	$	(2	)	$	219		$	(2	)	$	216

(1)	A negative balance is the result of additional credit losses currently recognized in earnings that were previously recognized in other comprehensive income.

The following table reflects activity during the three and six months ended June 30, 2011 and 2010 related to credit losses on other-than-temporarily impaired non-agency mortgage-backed securities where a portion of the unrealized loss was recognized in other comprehensive income:


	Three Months Ended June 30,					Six Months Ended June 30,
	2011			2010		2011			2010
	(Dollars in millions)
Balance at beginning of period	$	51		$	8	$	30		$	2
Credit losses on securities not previously considered other-than-temporarily impaired		—			1		—			2
Credit losses on securities for which OTTI was previously recognized		18			4		39			9
Reductions for securities sold/settled during the period		(6	)		—		(6	)		—

Balance at end of period	$	63		$	13	$	63		$	13

The amortized cost and estimated fair value of the debt securities portfolio at June 30, 2011, by contractual maturity, are shown in the accompanying table. The expected life of mortgage-backed securities will differ from contractual maturities because borrowers may have the right to call or prepay the underlying mortgage loans with or without call or prepayment penalties. For purposes of the maturity table, mortgage-backed securities, which are not due at a single maturity date, have been included in maturity groupings based on the contractual maturity.


	June 30, 2011
	Available for Sale				Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(Dollars in millions)
Due in one year or less	$	43	$	43	$	—	$	—
Due after one year through five years		59		63		—		—
Due after five years through ten years		633		650		—		—
Due after ten years		18,284		18,458		8,552		8,605

Total debt securities		19,019		19,214		8,552		8,605
Total securities with no stated maturity		195		195		—		—

Total securities	$	19,214	$	19,409	$	8,552	$	8,605

The following tables reflect the gross unrealized losses and fair values of BB&T's investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at the dates presented:


	June 30, 2011
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities available for sale:
Mortgage-backed securities issued by GSE	$	10,312	$	107	$	—	$	—	$	10,312	$	107
States and political subdivisions		258		7		655		114		913		121
Non-agency mortgage-backed securities		—		—		424		97		424		97
Other securities		1		—		—		—		1		—
Covered securities		49		4		—		—		49		4

Total	$	10,620	$	118	$	1,079	$	211	$	11,699	$	329

	June 30, 2011
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities held to maturity:
States and political subdivisions	$	32	$	—	$	—	$	—	$	32	$	—
Other securities		59		1		—		—		59		1

Total	$	91	$	1	$	—	$	—	$	91	$	1


	December 31, 2010
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities available for sale:
GSE securities	$	50	$	—	$	—	$	—	$	50	$	—
Mortgage-backed securities issued by GSE		15,438		361		—		—		15,438		361
States and political subdivisions		694		21		735		140		1,429		161
Non-agency mortgage-backed securities		—		—		506		120		506		120
Other securities		535		2		2		—		537		2
Covered securities		79		2		—		—		79		2

Total	$	16,796	$	386	$	1,243	$	260	$	18,039	$	646

BB&T conducts periodic reviews to identify and evaluate each investment that has an unrealized loss for other-than-temporary impairment. An unrealized loss exists when the current fair value of an individual security is less than its amortized cost basis. Unrealized losses that are determined to be temporary in nature are recorded, net of tax, in accumulated other comprehensive income for available-for-sale securities.

Factors considered in determining whether a loss is temporary include:

•

The financial condition and near-term prospects of the issuer, including any specific events that may influence the operations of the issuer;

•

BB&T's intent to sell and whether it is more likely than not that the Company will be required to sell these debt securities before the anticipated recovery of the amortized cost basis;

•

The length of the time and the extent to which the market value has been less than cost;

•

Whether the decline in fair value is attributable to specific conditions, such as conditions in an industry or in a geographic area;

•

Whether a debt security has been downgraded by a rating agency;

•

Whether the financial condition of the issuer has deteriorated;

•

The seniority of the security;

•

Whether dividends have been reduced or eliminated, or scheduled interest payments on debt securities have not been made; and

•

Any other relevant available information.

If an unrealized loss is considered other-than-temporary, the credit component of the unrealized loss is recognized in earnings and the non-credit component is recognized in accumulated other comprehensive income, to the extent that BB&T does not intend to sell the security and it is more likely than not that BB&T will not be required to sell the security prior to recovery.

BB&T evaluates credit impairment related to mortgage-backed securities using a number of different expected cash flow models. These models reflect differing approaches to estimating the expected future cash flows associated with a given security, with certain models giving greater consideration to long-term macroeconomic factors that are applied to current security default rates, prepayment rates and recovery rates, while other models produce results that are more heavily influenced by current security-level performance. All of these models provide estimates of the expected cash flows on the underlying mortgage pools using security-specific structure information over the expected life of the security. These models estimate cash flows from the underlying mortgage loan pools and distribute those cash flows to the various tranches within the securitization considering the transaction structure, which may include subordination features and/or credit enhancements. Management reviews the results of these cash flow models and assigns probability weightings to each model based on an assessment of the current performance of the underlying securities, prevailing economic conditions and historical payment experience.

During the three and six months ended June 30, 2011, BB&T realized principal losses on certain other-than-temporarily impaired securities totaling approximately $6 million. Based on its consideration of the timing and extent of these losses, combined with prevailing economic conditions, BB&T determined that its cash flow modeling should give greater weighting to current security-level performance and give less weighting to modeling that relies more heavily on long-term economic factors. This change in probability-weighting resulted in the majority of the credit losses on securities for which OTTI had been previously recognized.

On June 30, 2011, BB&T held certain investment securities having continuous unrealized loss positions for more than 12 months. All of these losses were in non-agency mortgage-backed and municipal securities. At June 30, 2011, all of the available-for-sale debt securities in an unrealized loss position for more than 12 months, excluding those covered by FDIC loss sharing agreements, were investment grade with the exception of two municipal bonds with an amortized cost of $8 million and ten non-agency mortgage-backed securities with an amortized cost of $521 million. At June 30, 2011, the total unrealized loss on these non-investment grade securities was $98 million. All of the non-investment grade securities referenced above were initially investment grade and have been downgraded since purchase. Based on its evaluation at June 30, 2011, BB&T determined that certain of the non-investment grade non-agency mortgage-backed securities had credit losses evident and recognized other-than-temporary impairments related to these securities. BB&T's evaluation of the other debt securities with continuous unrealized losses indicated that there were no credit losses evident. Furthermore, as of the date of the evaluation, BB&T did not intend to sell, and it was more likely than not that the Company would not be required to sell, these debt securities before the anticipated recovery of the amortized cost basis. In making this determination, BB&T considers its expected liquidity and capital needs, including its asset/liability management needs, forecasts, strategies and other relevant information.

The following table presents non-investment grade securities with significant unrealized losses that are not covered by a loss sharing arrangement and the credit loss component of OTTI recognized to date:


	June 30, 2011
	Amortized Cost		Fair Value		Unrealized Loss			Credit Loss Recognized
	(Dollars in millions)
Security
RMBS 1	$	91	$	59	$	(32	)	$	(10	)
RMBS 2		118		100		(18	)		(25	)
RMBS 3		102		88		(14	)		(3	)

- Definition

Tabular disclosure of investments in certain debt and equity securities (and certain other trading assets) which include all debt and equity securities (other than those equity securities accounted for under the equity or cost methods of accounting) with readily determinable fair values. Other trading assets include assets that are carried on the balance sheet at fair value and held for trading purposes. A debt security represents a creditor relationship with an enterprise that is in the form of a security. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities (and other trading assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3, 19, 20, 21, 22, 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27405-111563

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-Publisher FASB
-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Debt Security
-URI http://asc.fasb.org/extlink&oid=6509901
-Topic 320

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Equity Security
-URI http://asc.fasb.org/extlink&oid=6511694
-Topic 320

+ Details

Loans and Leases

6 Months Ended

Jun. 30, 2011

Loans and Leases

Loans and Leases

NOTE 3. Loans and Leases

The following table provides a breakdown of BB&T's loan portfolio as of June 30, 2011 and December 31, 2010:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Loans and leases, net of unearned income:
Commercial:
Commercial and industrial	$	34,166	$	34,050
Commercial real estate—other		11,134		11,439
Commercial real estate—residential ADC (1)		2,689		3,397
Direct retail lending		13,679		13,749
Sales finance		7,236		7,050
Revolving credit		2,091		2,127
Residential mortgage		18,372		17,550
Specialized lending		8,464		7,953
Other acquired		50		58

Total loans and leases held for investment (excluding covered loans)		97,881		97,373
Covered		5,504		6,194

Total loans and leases held for investment		103,385		103,567
Loans held for sale		1,965		3,697

Total loans and leases	$	105,350	$	107,264

(1)	Commercial real estate—residential ADC represents residential acquisition, development and construction loans.

Covered loans represent loans acquired from the FDIC subject to one of the loss sharing agreements. Other acquired loans represent consumer loans acquired from the FDIC that are not subject to one of the loss sharing agreements.

The following table reflects the carrying value of all purchased impaired and nonimpaired loans, and the related allowance, as of June 30, 2011 and December 31, 2010:


	June 30, 2011									December 31, 2010
	Purchased Impaired Loans			Purchased Nonimpaired Loans			Total			Purchased Impaired Loans			Purchased Nonimpaired Loans			Total
	(Dollars in millions)
Residential mortgage	$	700		$	678		$	1,378		$	733		$	713		$	1,446
Commercial real estate		1,728			1,826			3,554			2,031			1,982			4,013
Commercial		89			483			572			91			644			735

Total covered		2,517			2,987			5,504			2,855			3,339			6,194
Other acquired		2			48			50			3			55			58

Total		2,519			3,035			5,554			2,858			3,394			6,252

Allowance for loan losses		(114	)		(45	)		(159	)		(90	)		(54	)		(144	)

Net	$	2,405		$	2,990		$	5,395		$	2,768		$	3,340		$	6,108

Changes in the carrying amount and accretable yield for purchased impaired and nonimpaired loans, excluding loans held for sale, were as follows for the six months ended June 30, 2011 and the year ended December 31, 2010:


	June 30, 2011												December 31, 2010
	Purchased Impaired						Purchased Nonimpaired						Purchased Impaired						Purchased Nonimpaired
	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
	(Dollars in millions)
Balance at beginning of period	$	835		$	2,858		$	1,611		$	3,394		$	889		$	3,666		$	1,301		$	4,476
Additions		—			—			—			—			—			—			—			—
Accretion		(187	)		187			(355	)		355			(459	)		459			(483	)		483
Reclassifications from nonaccretable balance, net		135			—			475			—			405			—			793			—
Payments received, net		—			(526	)		—			(714	)		—			(1,267	)		—			(1,565	)

Balance at end of period	$	783		$	2,519		$	1,731		$	3,035		$	835		$	2,858		$	1,611		$	3,394

The outstanding unpaid principal balance for all purchased impaired loans as of June 30, 2011 and December 31, 2010 was $3.2 billion and $3.8 billion, respectively. The outstanding unpaid principal balance for all purchased nonimpaired loans as of June 30, 2011 and December 31, 2010 was $4.3 billion and $5.0 billion, respectively.

At June 30, 2011 and December 31, 2010, none of the purchased loans were classified as nonperforming assets. Therefore, interest income, through accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all purchased loans. The allowance for loan losses related to the purchased loans results from decreased expectations of future cash flows due to increased credit losses for certain acquired loan pools.

The following table provides a summary of BB&T's nonperforming loans and loans 90 days or more past due and still accruing as of June 30, 2011 and December 31, 2010:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Nonaccrual loans and leases:
Held for investment (1)	$	2,061	$	2,149
Held for sale		116		521

Total nonaccrual loans and leases (1)		2,177		2,670

Foreclosed real estate (2)		1,147		1,259
Other foreclosed property		29		42

Total foreclosed property (2)		1,176		1,301

Total nonperforming assets (excluding covered assets) (1)(2)	$	3,353	$	3,971

Loans 90 days or more past due and still accruing (excluding covered loans) (3)(4)(5)	$	203	$	295

(1)	Covered and other acquired loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due 90 days or more and still accruing are noted below.

(2)	Excludes foreclosed real estate totaling $348 million and $313 million as of June 30, 2011 and December 31, 2010, respectively, that is covered by FDIC loss sharing agreements.

(3)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase totaling $389 million and $425 million as of June 30, 2011 and December 31, 2010, respectively.

(4)	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $935 million and $1.1 billion as of June 30, 2011 and December 31, 2010, respectively.

(5)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $162 million and $153 million as of June 30, 2011 and December 31, 2010, respectively.

The following table provides a summary of loans that continue to accrue interest under the terms of the restructuring ("performing restructurings") and restructured loans that have been placed in nonaccrual status ("nonperforming restructurings") as of June 30, 2011 and December 31, 2010:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Performing restructurings:
Commercial:
Commercial and industrial	$	100	$	205
Commercial real estate—other		153		280
Commercial real estate—residential ADC		105		172
Direct retail lending		143		141
Sales finance		6		5
Revolving credit		62		62
Residential mortgage (1)(2)		570		585
Specialized lending		39		26

Total performing restructurings (1)(2)		1,178		1,476
Nonperforming restructurings (3)(4)		381		479

Total restructurings (1)(2)(3)(4)(5)	$	1,559	$	1,955

(1)	Excludes restructured mortgage loans held for investment that are government guaranteed totaling $160 million and $115 million at June 30, 2011 and December 31, 2010, respectively.

(2)	Excludes restructured mortgage loans held for sale that are government guaranteed totaling $24 million and $14 million at June 30, 2011 and December 31, 2010, respectively.

(3)	Nonperforming restructurings are included in nonaccrual loan disclosures.

(4)	Includes approximately $20 million and $110 million of nonperforming restructurings included in loans held for sale at June 30, 2011 and December 31, 2010, respectively.

(5)	All restructurings are considered impaired. The allowance for loan and lease losses attributable to these restructured loans totaled $321 million and $324 million at June 30, 2011 and December 31, 2010, respectively.

BB&T had commitments totaling $28 million and $64 million at June 30, 2011 and December 31, 2010, respectively, to lend additional funds to clients with loans whose terms have been modified in restructurings.

- Definition

The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph k

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5162-111524

+ Details

Allowance for Credit Losses

6 Months Ended

Jun. 30, 2011

Allowance for Credit Losses

Allowance for Credit Losses

NOTE 4. Allowance for Credit Losses

An analysis of the allowance for credit losses for the three and six months ended June 30, 2011 is presented in the following tables:


	Three Months Ended June 30, 2011
	Beginning Balance		Charge- Offs			Recoveries		Provision			Ending Balance
	(Dollars in millions)
Commercial:
Commercial and industrial	$	535	$	(62	)	$	9	$	(8	)	$	474
Commercial real estate—other		497		(81	)		6		40			462
Commercial real estate—residential ADC		421		(78	)		7		32			382
Specialized lending		18		(2	)		1		(4	)		13

Retail:
Direct retail lending		245		(66	)		8		46			233
Revolving credit		105		(24	)		5		17			103
Residential mortgage		328		(129	)		1		147			347
Sales finance		43		(7	)		3		3			42
Specialized lending		175		(41	)		6		31			171
Covered and other acquired		144		—			—		15			159
Unallocated		130		—			—		—			130

Allowance for loan and lease losses		2,641		(490	)		46		319			2,516
Reserve for unfunded lending commitments		50		—			—		9			59

Allowance for credit losses	$	2,691	$	(490	)	$	46	$	328		$	2,575


	Six Months Ended June 30, 2011
	Beginning Balance		Charge- Offs			Recoveries		Provision			Ending Balance
	(Dollars in millions)
Commercial:
Commercial and industrial	$	621	$	(140	)	$	13	$	(20	)	$	474
Commercial real estate—other		446		(149	)		9		156			462
Commercial real estate—residential ADC		469		(149	)		11		51			382
Specialized lending		21		(4	)		2		(6	)		13

Retail:
Direct retail lending		246		(144	)		17		114			233
Revolving credit		109		(51	)		10		35			103
Residential mortgage		298		(183	)		2		230			347
Sales finance		47		(17	)		5		7			42
Specialized lending		177		(91	)		11		74			171
Covered and other acquired		144		—			—		15			159
Unallocated		130		—			—		—			130

Allowance for loan and lease losses		2,708		(928	)		80		656			2,516
Reserve for unfunded lending commitments		47		—			—		12			59

Allowance for credit losses	$	2,755	$	(928	)	$	80	$	668		$	2,575

An analysis of the allowance for credit losses for the three and six months ended June 30, 2010 is presented in the following tables:


	Three Months Ended June 30, 2010			Six Months Ended June 30, 2010
	(Dollars in millions)
Beginning balance	$	2,759		$	2,672
Provision for credit losses		650			1,225
Loans and leases charged-off		(671	)		(1,180	)
Recoveries of previous charge-offs		29			63

Net loans and leases charged-off		(642	)		(1,117	)

Other changes, net		(14	)		(27	)

Ending balance	$	2,753		$	2,753

Allowance for loan and lease losses	$	2,723		$	2,723
Reserve for unfunded lending commitments		30			30

Allowance for credit losses	$	2,753		$	2,753

The following tables provide a breakdown of the allowance for loan and lease losses and the recorded investment in loans based on the method for determining the allowance as of June 30, 2011 and December 31, 2010:


	June 30, 2011
	Allowance for Loan and Lease Losses
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	108	$	366	$	—	$	474
Commercial real estate—other		93		369		—		462
Commercial real estate—residential ADC		82		300		—		382
Specialized lending		1		12		—		13

Retail:
Direct retail lending		32		201		—		233
Revolving credit		26		77		—		103
Residential mortgage		148		199		—		347
Sales finance		1		41		—		42
Specialized lending		17		154		—		171
Covered and other acquired		—		45		114		159
Unallocated		—		130		—		130

Total	$	508	$	1,894	$	114	$	2,516


	June 30, 2011
	Loans and Leases
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	711	$	33,455	$	—	$	34,166
Commercial real estate—other		620		10,514		—		11,134
Commercial real estate—residential ADC		565		2,124		—		2,689
Specialized lending		6		3,616		—		3,622

Retail:
Direct retail lending		174		13,505		—		13,679
Revolving credit		62		2,029		—		2,091
Residential mortgage		796		17,576		—		18,372
Sales finance		7		7,229		—		7,236
Specialized lending		38		4,804		—		4,842
Covered and other acquired		—		3,035		2,519		5,554

Total	$	2,979	$	97,887	$	2,519	$	103,385


	December 31, 2010
	Allowance for Loan and Lease Losses
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	96	$	525	$	—	$	621
Commercial real estate—other		63		383		—		446
Commercial real estate—residential ADC		75		394		—		469
Specialized lending		1		20		—		21

Retail:
Direct retail lending		26		220		—		246
Revolving credit		25		84		—		109
Residential mortgage		167		131		—		298
Sales finance		1		46		—		47
Specialized lending		2		175		—		177
Covered and other acquired		—		54		90		144
Unallocated		—		130		—		130

Total	$	456	$	2,162	$	90	$	2,708


	December 31, 2010
	Loans and Leases
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	708	$	33,342	$	—	$	34,050
Commercial real estate—other		691		10,748		—		11,439
Commercial real estate—residential ADC		684		2,713		—		3,397
Specialized lending		4		3,399		—		3,403

Retail:
Direct retail lending		177		13,572		—		13,749
Revolving credit		62		2,065		—		2,127
Residential mortgage		803		16,747		—		17,550
Sales finance		5		7,045		—		7,050
Specialized lending		24		4,526		—		4,550
Covered and other acquired		—		3,394		2,858		6,252

Total	$	3,158	$	97,551	$	2,858	$	103,567

BB&T monitors the credit quality of its commercial portfolio segment using internal risk ratings. These ratings have been correlated with bond ratings for similar instruments based on management's judgment. BB&T assigns an internal risk rating at loan origination and reviews the relationship again on an annual basis or at any point management becomes aware of information affecting the borrower's ability to fulfill their obligations.

BB&T monitors the credit quality of its retail portfolio segment based primarily on delinquency status, which is the primary factor considered in determining whether a retail loan should be classified as nonaccrual.

For the commercial portfolio segment, BB&T's internal risk ratings were correlated with Moody's bond ratings by mapping the historical default rates by internal risk grade to those implied in the bond ratings. Investment grade includes all loans mapped to a "Baa" or higher rating. Near investment grade includes all loans mapped to a "Ba" rating. Noninvestment grade includes all loans mapped to a "B" or lower rating. For the retail portfolio segment, nonperforming loans reflect loans in nonaccrual status.

The following tables illustrate the credit quality indicators associated with BB&T's loans and leases held for investment as of June 30, 2011 and December 31, 2010. Covered and other acquired loans are excluded from this analysis because their related allowance is determined by loan pool performance due to the application of the accretion method.


	June 30, 2011
	Commercial
	Commercial & Industrial		Commercial Real Estate -Other		Commercial Real Estate- Residential ADC		Specialized Lending
	(Dollars in millions)
Investment grade	$	8,212	$	783	$	45	$	2,100
Near investment grade		17,095		4,493		385		868
Noninvestment grade—performing		8,248		5,391		1,799		643
Noninvestment grade—nonperforming (1)		611		467		460		11

Total (1)	$	34,166	$	11,134	$	2,689	$	3,622


	June 30, 2011
	Retail
	Direct Retail Lending		Revolving Credit		Residential Mortgage		Sales Finance		Specialized Lending
	(Dollars in millions)
Performing	$	13,507	$	2,091	$	18,080	$	7,229	$	4,801
Nonperforming		172		—		292		7		41

Total	$	13,679	$	2,091	$	18,372	$	7,236	$	4,842


	December 31, 2010
	Commercial
	Commercial & Industrial		Commercial Real Estate- Other		Commercial Real Estate- Residential ADC		Specialized Lending
	(Dollars in millions)
Investment grade	$	8,358	$	687	$	35	$	2,070
Near investment grade		16,637		4,618		512		756
Noninvestment grade—performing		8,547		5,729		2,337		566
Noninvestment grade—nonperforming (1)		508		405		513		11

Total (1)	$	34,050	$	11,439	$	3,397	$	3,403


	December 31, 2010
	Retail
	Direct Retail Lending		Revolving Credit		Residential Mortgage		Sales Finance		Specialized Lending
	(Dollars in millions)
Performing	$	13,558	$	2,127	$	17,084	$	7,044	$	4,501
Nonperforming		191		—		466		6		49

Total	$	13,749	$	2,127	$	17,550	$	7,050	$	4,550

(1)	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.

The following tables represent aging analyses of BB&T's past due loans and leases held for investment as of June 30, 2011 and December 31, 2010:


	June 30, 2011
	Loans and Leases Excluding Covered (1)
	Accruing Loans and Leases
	Current		30-89 Days Past Due		90 Days Or More Past Due		Nonaccrual Loans And Leases (2)		Total Loans And Leases, Excluding Covered Loans
	(Dollars in millions)
Commercial:
Commercial and industrial	$	33,479	$	72	$	4	$	611	$	34,166
Commercial real estate—other		10,628		35		4		467		11,134
Commercial real estate—residential ADC		2,204		25		—		460		2,689
Specialized lending		3,587		17		7		11		3,622

Retail:
Direct retail lending		13,294		154		59		172		13,679
Revolving credit		2,053		22		16		—		2,091
Residential mortgage (3)		17,324		504		252		292		18,372
Sales finance		7,140		68		21		7		7,236
Specialized lending		4,620		181		—		41		4,842
Other acquired		48		—		2		—		50

Total (2)(3)	$	94,377	$	1,078	$	365	$	2,061	$	97,881


	December 31, 2010
	Loans and Leases Excluding Covered (1)
	Accruing Loans and Leases
	Current		30-89 Days Past Due		90 Days Or More Past Due		Nonaccrual Loans And Leases (2)		Total Loans And Leases, Excluding Covered Loans
	(Dollars in millions)
Commercial:
Commercial and industrial	$	33,371	$	163	$	8	$	508	$	34,050
Commercial real estate—other		10,962		68		4		405		11,439
Commercial real estate—residential ADC		2,792		84		8		513		3,397
Specialized lending		3,358		29		5		11		3,403

Retail:
Direct retail lending		13,293		189		76		191		13,749
Revolving credit		2,079		28		20		—		2,127
Residential mortgage (3)		16,173		615		296		466		17,550
Sales finance		6,922		95		27		6		7,050
Specialized lending		4,281		219		1		49		4,550
Other acquired		54		1		3		—		58

Total (2)(3)	$	93,285	$	1,491	$	448	$	2,149	$	97,373

(1)	Covered loans have been excluded from this aging analysis because they are covered by FDIC loss sharing agreements, and their related allowance is determined by loan pool performance due to the application of the accretion method.

(2)	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.

(3)	Residential mortgage loans include $78 million and $83 million in government guaranteed loans past due 30-89 days, and $162 million and $153 million in government guaranteed loans past due greater than 90 days as of June 30, 2011 and December 31, 2010, respectively.

The following tables set forth certain information regarding BB&T's impaired loans, excluding acquired impaired loans and loans held for sale, that were evaluated for specific reserves as of June 30, 2011 and December 31, 2010. The average balance of impaired loans and the interest income recognized while on impaired status are reported for the six months ended June 30, 2011.


	June 30, 2011
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
	(Dollars in millions)
With No Related Allowance Recorded:
Commercial:
Commercial and industrial	$	163	$	237	$	—	$	147	$	—
Commercial real estate—other		143		194		—		141		—
Commercial real estate—residential ADC		181		317		—		206		—
Specialized lending		—		—		—		—		—

Retail:
Direct retail lending		24		82		—		27		—
Residential mortgage (1)		25		50		—		27		—
Sales finance		1		1		—		2		—
Specialized lending		2		4		—		6		—

With An Allowance Recorded:
Commercial:
Commercial and industrial		548		581		108		445		2
Commercial real estate—other		477		519		93		438		4
Commercial real estate—residential ADC		384		418		82		317		2
Specialized lending		6		6		1		3		—

Retail:
Direct retail lending		150		159		32		138		4
Revolving credit		62		61		26		61		1
Residential mortgage (1)		611		626		133		594		14
Sales finance		6		7		1		4		—
Specialized lending		36		38		17		22		1

Total (1)	$	2,819	$	3,300	$	493	$	2,578	$	28


	December 31, 2010
	Recorded Investment		Unpaid Principal Balance		Related Allowance
	(Dollars in millions)
With No Related Allowance Recorded:
Commercial:
Commercial and industrial	$	196	$	267	$	—
Commercial real estate—other		175		246		—
Commercial real estate—residential ADC		200		300		—

Retail:
Direct retail lending		22		69		—
Residential mortgage (1)		25		50		—

With An Allowance Recorded:
Commercial:
Commercial and industrial		512		534		96
Commercial real estate—other		516		565		63
Commercial real estate—residential ADC		484		556		75
Specialized lending		4		4		1

Retail:
Direct retail lending		155		161		26
Revolving credit		62		61		25
Residential mortgage (1)		663		690		153
Sales finance		5		5		1
Specialized lending		24		24		2

Total (1)	$	3,043	$	3,532	$	442

(1)	Residential mortgage loans exclude $160 million and $115 million in government guaranteed loans and related allowance of $15 million and $14 million as of June 30, 2011 and December 31, 2010, respectively.

Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

NOTE 5. Goodwill and Other Intangible Assets

The changes in the carrying amounts of goodwill attributable to each of BB&T's operating segments for the six months ended June 30, 2011 are reflected in the table below. To date, there have been no goodwill impairments recorded by BB&T.


	Community Banking		Residential Mortgage Banking		Sales Finance		Specialized Lending		Insurance Services		Financial Services		All Other		Total
	(Dollars in millions)
Balance, January 1, 2011	$	4,519	$	7	$	93	$	104	$	1,067	$	192	$	26	$	6,008
Contingent consideration		—		—		—		—		8		—		—		8

Balance, June 30, 2011	$	4,519	$	7	$	93	$	104	$	1,075	$	192	$	26	$	6,016

The following table presents the gross carrying amounts and accumulated amortization for BB&T's identifiable intangible assets subject to amortization at the dates presented:


	June 30, 2011							December 31, 2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Dollars in millions)
Identifiable intangible assets:
Core deposit intangibles	$	626	$	(462	)	$	164	$	626	$	(438	)	$	188
Other (1)		752		(459	)		293		752		(432	)		320

Totals	$	1,378	$	(921	)	$	457	$	1,378	$	(870	)	$	508

(1)	Other identifiable intangibles are primarily customer relationship intangibles.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Loan Servicing

6 Months Ended

Jun. 30, 2011

Loan Servicing

Loan Servicing

NOTE 6. Loan Servicing

Residential Mortgage Banking Activities

The following table includes a summary of residential mortgage loans managed or securitized and related delinquencies and net charge-offs:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Mortgage loans managed or securitized (1)	$	22,963	$	23,692
Less: Loans securitized and transferred to securities available for sale		4		4
Loans held for sale		1,745		3,068
Covered mortgage loans		1,378		1,446
Mortgage loans sold with recourse		1,464		1,624

Mortgage loans held for investment	$	18,372	$	17,550

Mortgage loans on nonaccrual status (2)	$	292	$	466
Mortgage loans 90 days past due and still accruing interest (2)		90		143
Mortgage loans net charge-offs (3)		181		390

(1)	Balances exclude loans serviced for others, with no other continuing involvement.

(2)	Includes amounts related to residential mortgage loans held for sale and excludes amounts related to government guaranteed loans. Refer to Note 3 for additional disclosures related to past due government guaranteed loans.

(3)	Net charge-offs for June 30, 2011 reflect six months.

The unpaid principal balances of BB&T's total residential mortgage servicing portfolio were $86.8 billion and $83.6 billion at June 30, 2011 and December 31, 2010, respectively. The unpaid principal balances of residential mortgage loans serviced for others consist primarily of agency conforming fixed-rate mortgage loans and totaled $65.9 billion and $61.8 billion at June 30, 2011 and December 31, 2010, respectively. Mortgage loans serviced for others are not included in loans on the accompanying Consolidated Balance Sheets.

During the six months ended June 30, 2011 and 2010, BB&T sold residential mortgage loans from the held for sale portfolio with unpaid principal balances of $8.6 billion and $8.7 billion, respectively, and recognized pre-tax gains of $61 million and $86 million, respectively, including the impact of interest rate lock commitments. These gains are recorded in noninterest income as a component of mortgage banking income. BB&T retained the related mortgage servicing rights and receives servicing fees.

At June 30, 2011 and 2010, the approximate weighted average servicing fee was 0.34% and 0.36%, respectively, of the outstanding balance of the residential mortgage loans serviced for others. The weighted average coupon interest rate on the portfolio of mortgage loans serviced for others was 5.14% and 5.43% at June 30, 2011 and 2010, respectively. BB&T recognized servicing fees of $118 million and $111 million during the first six months of 2011 and 2010, respectively, as a component of mortgage banking income.

At June 30, 2011 and December 31, 2010, BB&T had $1.5 billion and $1.6 billion, respectively, of residential mortgage loans sold with recourse liability. In the event of nonperformance by the borrower, BB&T has maximum recourse exposure of approximately $557 million and $597 million as of June 30, 2011 and December 31, 2010, respectively. At June 30, 2011 and December 31, 2010, BB&T has recorded $7 million and $6 million, respectively of reserves related to these recourse exposures. Payments made to date have been immaterial.

BB&T also issues standard representations and warranties related to mortgage loan sales to government-sponsored entities. Although these agreements often do not specify limitations, BB&T does not believe that any payments related to these warranties would materially change the financial condition or results of operations of BB&T. BB&T has recorded $20 million and $15 million of reserves related to potential losses resulting from repurchases of loans sold at June 30, 2011 and December 31, 2010, respectively.

Residential mortgage servicing rights are recorded on the Consolidated Balance Sheets at fair value with changes in fair value recorded as a component of mortgage banking income in the Consolidated Statements of Income for each period. BB&T uses various derivative instruments to mitigate the income statement effect of changes in fair value, due to changes in valuation inputs and assumptions, of its residential mortgage servicing rights. The following is an analysis of the activity in BB&T's residential mortgage servicing rights for the six months ended June 30, 2011 and 2010:


	Residential Mortgage Servicing Rights Six Months Ended June 30,
	2011			2010
	(Dollars in millions)
Carrying value, January 1,	$	830		$	832
Additions		126			122
Increase (decrease) in fair value:
Due to changes in valuation inputs or assumptions		(20	)		(227	)
Other changes (1)		(57	)		(62	)

Carrying value, June 30,	$	879		$	665

(1)	Represents the realization of expected net servicing cash flows, expected borrower payments and the passage of time.

During the second quarter of 2011, management revised its servicing costs assumption in the valuation of residential mortgage servicing rights. The impact of this change was a $10 million reduction in the value of residential mortgage servicing rights.

BB&T uses assumptions and estimates in determining the fair value of mortgage servicing rights. Refer to Note 14 for additional disclosures related to the assumptions and estimates used in determining the fair value of residential mortgage servicing rights. At June 30, 2011, the sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the accompanying table:


	Residential Mortgage Servicing Rights June 30, 2011
	(Dollars in millions)
Fair value of residential mortgage servicing rights	$	879
Composition of residential loans serviced for others:
Fixed-rate mortgage loans		99	%
Adjustable-rate mortgage loans		1

Total		100	%

Weighted average life		5.9	yrs

Prepayment speed		11.7	%
Effect on fair value of a 10% increase	$	(37	)
Effect on fair value of a 20% increase		(70	)

Weighted average discount rate		10.3	%
Effect on fair value of a 10% increase	$	(36	)
Effect on fair value of a 20% increase		(68	)

The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in this table, the effect of an adverse variation in a particular assumption on the fair value of the mortgage servicing rights is calculated without changing any other assumption; while in reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments), which may magnify or counteract the effect of the change.

Commercial Mortgage Banking Activities

BB&T also arranges and services commercial real estate mortgages through Grandbridge Real Estate Capital, LLC ("Grandbridge") the commercial mortgage banking subsidiary of Branch Bank. During the six months ended June 30, 2011 and 2010, Grandbridge originated $1.9 billion and $908 million, respectively, of commercial real estate mortgages, the majority of which were arranged for third party investors. As of June 30, 2011 and December 31, 2010, Grandbridge's portfolio of commercial real estate mortgages serviced for others totaled $24.4 billion and $24.1 billion, respectively. Commercial real estate mortgage loans serviced for others are not included in loans on the accompanying Consolidated Balance Sheets. Grandbridge had $4.5 billion and $4.4 billion in loans serviced for others that were covered by recourse provisions at June 30, 2011 and December 31, 2010, respectively. At both June 30, 2011 and December 31, 2010, Grandbridge's maximum exposure to loss for these loans was approximately $1.2 billion. BB&T has recorded $21 million and $19 million of reserves related to these recourse exposures at June 30, 2011 and December 31, 2010, respectively.

Commercial mortgage servicing rights are recorded as other assets on the Consolidated Balance Sheets at the lower of cost or market and amortized in proportion to and over the estimated period that net servicing income is expected to be received based on projections of the amount and timing of estimated future net cash flows. The following is an analysis of the activity in BB&T's commercial mortgage servicing rights for the six months ended June 30, 2011 and 2010:


	Commercial Mortgage Servicing Rights Six Months Ended June 30,
	2011			2010
	(Dollars in millions)
Carrying value, January 1,	$	103		$	101
Additions		15			8
Amortization expense		(11	)		(9	)

Carrying value, June 30,	$	107		$	100

At June 30, 2011, the sensitivity of the current fair value of the capitalized commercial mortgage servicing rights to adverse changes in key economic assumptions are included in the accompanying table:


	Commercial Mortgage Servicing Rights June 30, 2011
	(Dollars in millions)
Fair value of commercial mortgage servicing rights	$	124
Weighted average life		7.1	yrs
Prepayment speed		0.0	%
Weighted average discount rate		12.3	%
Effect on fair value of a 10% increase	$	(4	)
Effect on fair value of a 20% increase		(8	)

The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in this table, the effect of an adverse variation in a particular assumption on the fair value of the mortgage servicing rights is calculated without changing any other assumption; while in reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in increased value of escrow deposits), which may magnify or counteract the effect of the change.

Deposits

6 Months Ended

Jun. 30, 2011

Deposits

Deposits

NOTE 7. Deposits

A summary of BB&T's deposits is presented in the accompanying table:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Noninterest-bearing deposits	$	22,507	$	20,637
Interest checking		3,733		4,050
Other client deposits		56,921		54,040
Client certificates of deposit		20,399		21,317
Other interest-bearing deposits		4,504		7,169

Total deposits	$	108,064	$	107,213

Time deposits that are $100,000 and greater totaled $12.0 billion and $10.6 billion at June 30, 2011 and December 31, 2010, respectively.

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References + Details

Long-Term Debt

6 Months Ended

Jun. 30, 2011

Long-Term Debt

Long-Term Debt

NOTE 8. Long-Term Debt

Long-term debt comprised the following:


	June 30, 2011		December 31, 2010
	(Dollars in millions)
BB&T Corporation
3.10% Senior Notes Due 2011	$	250	$	250
3.85% Senior Notes Due 2012		1,000		1,000
3.38% Senior Notes Due 2013		500		500
5.70% Senior Notes Due 2014		509		510
2.05% Senior Notes Due 2014 (1)		700		—
Floating Rate Senior Notes Due 2014 (2)		300		—
3.95% Senior Notes Due 2016		499		499
3.20% Senior Notes Due 2016 (1)		999		—
6.85% Senior Notes Due 2019 (1)		538		538
6.50% Subordinated Notes Due 2011 (3)		611		610
4.75% Subordinated Notes Due 2012 (3)		490		490
5.20% Subordinated Notes Due 2015 (3)		932		932
4.90% Subordinated Notes Due 2017 (1)(3)		341		339
5.25% Subordinated Notes Due 2019 (1)(3)		586		586

Branch Bank
Floating Rate Subordinated Notes Due 2016 (3)(4)		350		350
Floating Rate Subordinated Notes Due 2017 (3)(4)		261		261
4.875% Subordinated Notes Due 2013 (3)		222		222
5.625% Subordinated Notes Due 2016 (1)(3)		386		386

Federal Home Loan Bank Advances to Branch Bank (5)
Varying maturities to 2034		9,889		10,243

Junior Subordinated Debt to Unconsolidated Trusts (6)		3,270		3,269
Other Long-Term Debt		108		123
Fair value hedge-related basis adjustments		639		622

Total Long-Term Debt	$	23,380	$	21,730

(1)	These fixed rate notes were swapped to floating rates based on LIBOR. At June 30, 2011, the effective rates paid on these borrowings ranged from 0.94% to 3.69%.

(2)	These floating-rate senior notes are based on LIBOR and had an effective rate of 0.97% at June 30, 2011.

(3)	Subordinated notes that qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.

(4)	These floating-rate securities are based on LIBOR, but the majority of the cash flows have been swapped to a fixed rate. The effective rate paid on these securities including the effect of cash flow hedges was 3.25% at June 30, 2011.

(5)	Certain of these advances have been swapped to floating rates from fixed rates and from fixed rates to floating rates. At June 30, 2011, the weighted average rate paid on these advances including the effect of hedges was 3.70%, and the weighted average maturity was 6.0 years.

(6)	Securities that qualify under the risk-based capital guidelines as Tier 1 capital, subject to certain limitations. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for additional information.

In March 2011, BB&T made the decision to retire all of its junior subordinated debt to unconsolidated trusts through the exercise of certain early redemption provisions. BB&T determined that it was appropriate to amortize the remaining debt issuance costs and related discounts or premiums, including fair value hedge adjustments, over the period from March 2011 to the expected redemption date for each of the impacted debt securities.

Shareholders' Equity

6 Months Ended

Jun. 30, 2011

Shareholders' Equity

Shareholders' Equity

NOTE 9. Shareholders' Equity

Common Stock

The authorized common stock of BB&T consists of two billion shares with a $5 par value. There were 697 million and 694 million common shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively.

Preferred Stock

The authorized preferred stock of BB&T consists of five million shares. At June 30, 2011 and December 31, 2010, there were no preferred shares outstanding.

Equity-Based Plans

At June 30, 2011, BB&T has options, restricted shares and restricted share units outstanding from the following equity-based compensation plans: the 2004 Stock Incentive Plan ("2004 Plan"), the 1995 Omnibus Stock Incentive Plan ("Omnibus Plan"), the Non-Employee Directors' Stock Option Plan ("Directors' Plan"), and a plan assumed from an acquired entity. BB&T's shareholders have approved all equity-based compensation plans with the exception of the plan assumed from an acquired entity. As of June 30, 2011, the 2004 Plan is the only plan that has shares available for future grants. The 2004 Plan allows for accelerated vesting of awards for holders who retire and have met all retirement eligibility requirements and in connection with certain other events. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for further disclosures related to equity-based awards issued by BB&T.

BB&T measures the fair value of each option award on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions used for grants awarded during the first six months of 2011 and 2010, respectively. Substantially all of BB&T's option awards are granted in February of each year. Therefore, the assumptions noted below are weighted accordingly:


	June 30,
	2011			2010
Assumptions:
Risk-free interest rate		1.7	%		2.0	%
Dividend yield		3.5			5.4
Volatility factor		37.2			36.0
Expected life		7.4	yrs		7.2	yrs
Fair value of options per share	$	7.45		$	5.60

BB&T measures the fair value of restricted shares based on the price of BB&T's common stock on the grant date and the fair value of restricted share units based on the price of BB&T's common stock on the grant date less the present value of expected dividends that are foregone during the vesting period.

The following table details the activity during the first six months of 2011 related to stock options awarded by BB&T:


	Six Months Ended June 30, 2011
	Options			Wtd. Avg. Exercise Price
Outstanding at beginning of period		44,690,131		$	35.06
Granted		3,755,975			27.73
Exercised		(33,198	)		17.89
Forfeited or expired		(2,609,000	)		36.30

Outstanding at end of period		45,803,908			34.40

Exercisable at end of period		34,303,021		$	36.38

The following table details the activity during the first six months of 2011 related to restricted shares and restricted share units awarded by BB&T:


	Six Months Ended June 30, 2011
	Shares/Units			Wtd. Avg. Grant Date Fair Value
Nonvested at beginning of period		13,283,786		$	20.06
Granted		2,554,528			24.15
Vested		(1,803,878	)		29.99
Forfeited		(325,913	)		21.43

Nonvested at end of period		13,708,523		$	19.48

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.3-04)
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+ Details

Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2011

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

NOTE 10. Accumulated Other Comprehensive Income (Loss)

The balances in accumulated other comprehensive income (loss) at June 30, 2011 and December 31, 2010 are shown in the following table:


	June 30, 2011									December 31, 2010
	Pre-Tax Amount			Deferred Tax Expense (Benefit)			After- Tax Amount			Pre-Tax Amount			Deferred Tax Expense (Benefit)			After- Tax Amount
	(Dollars in millions)
Unrecognized net pension and postretirement costs	$	(572	)	$	(213	)	$	(359	)	$	(587	)	$	(219	)	$	(368	)
Unrealized net gains (losses) on cash flow hedges		(142	)		(53	)		(89	)		(75	)		(28	)		(47	)
Unrealized net gains (losses) on securities available for sale		195			73			122			(250	)		(93	)		(157	)
Unrealized net gains (losses) on securities held to maturity (1)		(34	)		(13	)		(21	)		—			—			—
FDIC's share of unrealized (gains) losses on securities available for sale under the loss share agreements (2)		(365	)		(136	)		(229	)		(281	)		(105	)		(176	)
Foreign currency translation adjustment		(6	)		(8	)		2			(6	)		(7	)		1

Total	$	(924	)	$	(350	)	$	(574	)	$	(1,199	)	$	(452	)	$	(747	)

(1)	Represents unrealized losses on certain available for sale securities that were transferred to held to maturity classification. These losses are being amortized and recognized in net income over the remaining expected life of the underlying securities.

(2)

Certain securities available for sale are covered by loss sharing agreements with the FDIC. The securities covered by the loss share agreements reflected a net unrealized pre-tax gain of $395 million and $305 million as of June 30, 2011 and December 31, 2010, respectively. The FDIC's share of this net unrealized pre-tax gain, upon sale, would have been $365 million and $281 million as of June 30, 2011 and December 31, 2010, respectively, and was recorded as a reduction in other comprehensive income.

As of June 30, 2011 and December 31, 2010, unrealized net losses on securities available for sale included $94 million and $115 million, respectively, of pre-tax losses related to other-than-temporarily impaired non-agency mortgage-backed securities where a portion of the loss was recognized in net income.

The following tables reflect the components of total comprehensive income (loss) for the three and six months ended June 30, 2011 and 2010:


	Three Months Ended June 30, 2011
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	418		$	91		$	327
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		277			103			174
Reclassification adjustment for (gains) losses on securities available for sale included in net income		2			1			1
Net change in amounts attributable to the FDIC under the loss share agreements		7			3			4
Net change in unrecognized gains (losses) on cash flow hedges		(82	)		(31	)		(51	)
Net change in foreign currency translation adjustment		—			—			—
Net change in pension and postretirement liability		7			3			4

Total comprehensive income	$	629		$	170		$	459


	Three Months Ended June 30, 2010
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	249		$	25		$	224
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		551			209			342
Reclassification adjustment for (gains) losses on securities available for sale included in net income		(219	)		(83	)		(136	)
Net change in amounts attributable to the FDIC under the loss share agreements		(82	)		(31	)		(51	)
Net change in unrecognized gains (losses) on cash flow hedges		(145	)		(55	)		(90	)
Net change in foreign currency translation adjustment		(1	)		1			(2	)
Net change in pension and postretirement liability		(13	)		(5	)		(8	)

Total comprehensive income	$	340		$	61		$	279


	Six Months Ended June 30, 2011
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	705		$	144		$	561
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		409			152			257
Reclassification adjustment for (gains) losses on securities available for sale included in net income		2			1			1
Net change in amounts attributable to the FDIC under the loss share agreements		(84	)		(31	)		(53	)
Net change in unrecognized gains (losses) on cash flow hedges		(67	)		(25	)		(42	)
Net change in foreign currency translation adjustment		—			(1	)		1
Net change in pension and postretirement liability		15			6			9

Total comprehensive income	$	980		$	246		$	734


	Six Months Ended June 30, 2010
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	491		$	73		$	418
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		855			325			530
Reclassification adjustment for (gains) losses on securities available for sale included in net income		(216	)		(82	)		(134	)
Net change in amounts attributable to the FDIC under the loss share agreements		(126	)		(48	)		(78	)
Net change in unrecognized gains (losses) on cash flow hedges		(215	)		(82	)		(133	)
Net change in foreign currency translation adjustment		(1	)		—			(1	)
Net change in pension and postretirement liability		(7	)		(3	)		(4	)

Total comprehensive income	$	781		$	183		$	598

- Definition

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e689-108580

+ Details

Income Taxes

6 Months Ended

Jun. 30, 2011

Income Taxes

Income Taxes

NOTE 11. Income Taxes

BB&T's provision for income taxes was $91 million and $25 million for the three months ended June 30, 2011 and 2010, respectively. The provision for income taxes was $144 million and $73 million for the six months ended June 30, 2011 and 2010, respectively. The effective tax rates for the three months ended June 30, 2011 and 2010 were 21.8% and 10.0%, respectively. The effective tax rates for the six months ended June 30, 2011 and 2010 were 20.4% and 14.9%, respectively. The higher effective tax rates for the three and six months ended June 30, 2011 compared to 2010 are primarily due to higher levels of pre-tax income, which is subject to the marginal tax rate.

In February 2010, BB&T received an IRS statutory notice of deficiency for tax years 2002-2007 asserting a liability for taxes, penalties and interest of approximately $892 million related to the disallowance of foreign tax credits and other deductions claimed by a deconsolidated subsidiary in connection with a financing transaction. Management has consulted with outside counsel and continues to believe that BB&T's treatment of this transaction was in compliance with applicable tax laws and regulations. BB&T paid the disputed tax, penalties and interest, and filed a lawsuit seeking a refund in the U.S. Court of Federal Claims in March 2010. Management believes the Company's current reserves for this matter are adequate, although the final outcome is uncertain. Final resolution of this matter is not expected to occur within the next twelve months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Benefit Plans

6 Months Ended

Jun. 30, 2011

Benefit Plans

Benefit Plans

NOTE 12. Benefit Plans

BB&T provides various benefit plans to substantially all employees, including employees of acquired entities. Employees of acquired entities generally participate in existing BB&T plans after consummation of the business combinations. The plans of acquired institutions are typically merged into the BB&T plans after consummation of the mergers, and, under these circumstances, credit is usually given to these employees for years of service at the acquired institution for vesting and eligibility purposes. The Colonial transaction, as an asset purchase, was handled differently from typical mergers. The retirement plans of Colonial were not assumed by BB&T, and as such, were not merged into the BB&T plans. Credit for years of service with Colonial, where given, was determined on a plan-by-plan basis with regard to the participation of former Colonial employees in BB&T's plans.

The following table summarizes the components of net periodic benefit cost recognized for BB&T's pension plans for the three and six months ended June 30, 2011 and 2010, respectively:


	Pension Plans
	Qualified						Nonqualified
	Three Months Ended June 30,						Three Months Ended June 30,
	2011			2010			2011		2010
	(Dollars in millions)
Service cost	$	27		$	20		$	1	$	1
Interest cost		23			21			3		2
Estimated return on plan assets		(49	)		(45	)		—		—
Amortization and other		6			6			1		—

Net periodic benefit cost	$	7		$	2		$	5	$	3


	Pension Plans
	Qualified						Nonqualified
	Six Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011		2010
	(Dollars in millions)
Service cost	$	53		$	40		$	3	$	2
Interest cost		46			42			5		4
Estimated return on plan assets		(98	)		(89	)		—		—
Amortization and other		13			11			2		1

Net periodic benefit cost	$	14		$	4		$	10	$	7

BB&T makes contributions to the qualified pension plan in amounts between the minimum required for funding standard accounts and the maximum amount deductible for federal income tax purposes. A discretionary contribution of $61 million was made to the qualified pension plan during the first six months of 2010. Management is not required to, and currently has no plans to, make a contribution to the qualified pension plan in 2011; however, such a contribution may be made during 2011, if deemed appropriate.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2011

Commitments and Contingencies

Commitments and Contingencies

NOTE 13. Commitments and Contingencies

BB&T utilizes a variety of financial instruments to meet the financing needs of clients and to reduce exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit, letters of credit and financial guarantees and derivatives. BB&T also has commitments to fund certain affordable housing investments and contingent liabilities related to certain sold loans.

Commitments to extend, originate or purchase credit are primarily lines of credit to businesses and consumers and have specified rates and maturity dates. Many of these commitments also have adverse change clauses, which allow BB&T to cancel the commitment due to deterioration in the borrowers' creditworthiness.

Letters of credit and financial guarantees written are unconditional commitments issued by BB&T to guarantee the performance of a customer to a third party. These guarantees are primarily issued to support public and private borrowing arrangements, including commercial paper issuance, bond financing and similar transactions, the majority of which are to tax exempt entities. The credit risk involved in the issuance of these guarantees is essentially the same as that involved in extending loans to clients and as such, the instruments are collateralized when necessary. As of June 30, 2011 and December 31, 2010, BB&T had issued letters of credit totaling $6.4 billion and $7.3 billion, respectively. The carrying amount of the liability for such guarantees was $42 million and $41 million at June 30, 2011 and December 31, 2010, respectively.

A derivative is a financial instrument that derives its cash flows, and therefore its value, by reference to an underlying instrument, index or interest rate. For additional disclosures related to BB&T's derivatives refer to Note 15.

In the ordinary course of business, BB&T indemnifies its officers and directors to the fullest extent permitted by law against liabilities arising from pending litigation. BB&T also issues standard representation and warranties in underwriting agreements, merger and acquisition agreements, loan sales, brokerage activities and other similar arrangements. Counterparties in many of these indemnification arrangements provide similar indemnifications to BB&T. Although these agreements often do not specify limitations, BB&T does not believe that any payments related to these guarantees would materially change the financial position or results of operations of BB&T.

Merger and acquisition agreements of businesses other than financial institutions occasionally include additional incentives to the acquired entities to offset the loss of future cash flows previously received through ownership positions. Typically, these incentives are based on the acquired entity's contribution to BB&T's earnings compared to agreed-upon amounts. When offered, these incentives are typically issued for terms of three to five years. As certain provisions of these agreements do not specify dollar limitations, it is not possible to quantify the maximum exposure resulting from these agreements. However, based on recent payouts and current projections, any payments made in relation to these agreements are not expected to be material to BB&T's results of operations, financial position or cash flows.

In connection with the Colonial acquisition, Branch Bank entered into loss sharing agreements with the FDIC related to certain assets acquired. Pursuant to the terms of these loss sharing agreements, the FDIC's obligation to reimburse Branch Bank for losses with respect to certain loans, other real estate owned ("OREO"), certain investment securities and other assets (collectively, "covered assets"), begins with the first dollar of loss incurred. For additional information about the terms of the loss sharing agreements refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010.

BB&T invests in certain affordable housing and historic building rehabilitation projects throughout its market area as a means of supporting local communities, and receives tax credits related to these investments. BB&T typically acts as a limited partner in these investments and does not exert control over the operating or financial policies of the partnerships. Branch Bank typically provides financing during the construction and development of the properties; however, permanent financing is generally obtained from independent third parties upon completion of a project. As of June 30, 2011 and December 31, 2010, BB&T had investments of $1.2 billion related to these projects, which are included as other assets on the Consolidated Balance Sheets. BB&T's outstanding commitments to fund affordable housing investments totaled $296 million and $334 million at June 30, 2011 and December 31, 2010, respectively, which are included as other liabilities on the Consolidated Balance Sheets. As of June 30, 2011 and December 31, 2010, BB&T had outstanding loan commitments to these funds of $187 million and $135 million, respectively. Of these amounts, $63 million and $36 million had been funded at June 30, 2011 and December 31, 2010, respectively, and were included in loans and leases on the Consolidated Balance Sheets. BB&T's maximum risk exposure related to these investments totaled $1.3 billion at June 30, 2011 and December 31, 2010.

BB&T has sold certain mortgage-related loans that contain recourse provisions. These provisions generally require BB&T to reimburse the investor for a share of any loss that is incurred after the disposal of the property. BB&T also issues standard representations and warranties related to mortgage loan sales to government-sponsored entities. Refer to Note 6 for additional disclosures related to these exposures.

BB&T has investments and future funding commitments to certain venture capital funds. As of June 30, 2011 and December 31, 2010, BB&T had investments of $247 million and $266 million related to these ventures, respectively. As of June 30, 2011 and December 31, 2010, BB&T had future funding commitments of $159 million and $185 million, respectively. BB&T's risk exposure relating to such commitments is generally limited to the amount of investments and future funding commitments made.

Legal Proceedings

The nature of the business of BB&T's banking and other subsidiaries ordinarily results in a certain amount of claims, litigation, investigations and legal and administrative cases and proceedings, all of which are considered incidental to the normal conduct of business. BB&T believes it has meritorious defenses to the claims asserted against it in its currently outstanding legal proceedings and, with respect to such legal proceedings, intends to continue to defend itself vigorously, litigating or settling cases according to management's judgment as to what is in the best interests of BB&T and its shareholders.

The Company is a defendant in three separate cases primarily challenging the Company's daily ordering of debit transactions posted to customer checking accounts for the period from 2003 to 2010. The plaintiffs have requested class action treatment, however, no class has been certified. The court initially denied motions by the Company to dismiss these cases and compel them to be submitted to individual arbitration. The Company then filed appeals in all three matters. There have been numerous subsequent procedural developments, and at present the issues raised by these motions and/or appeals remain pending. If the motions or appeals are granted, they would preclude class action treatment. Even if those appeals are denied, the Company believes it has meritorious defenses against these matters, including class certification. Because of these appeals, and because these cases are in preliminary proceedings and no damages have been specified, no specific loss or range of loss can currently be determined.

On at least a quarterly basis, BB&T assesses its liabilities and contingencies in connection with outstanding legal proceedings utilizing the latest information available. For those matters where it is probable that BB&T will incur a loss and the amount of the loss can be reasonably estimated, BB&T records a liability in its consolidated financial statements. These legal reserves may be increased or decreased to reflect any relevant developments on a quarterly basis. For other matters, where a loss is not probable or the amount of the loss is not estimable, BB&T has not accrued legal reserves. While the outcome of legal proceedings is inherently uncertain, based on information currently available, advice of counsel and available insurance coverage, BB&T's management believes that its established legal reserves are adequate and the liabilities arising from BB&T's legal proceedings will not have a material adverse effect on the consolidated financial position, consolidated results of operations or consolidated cash flows of BB&T. However, in the event of unexpected future developments, it is possible that the ultimate resolution of these matters, if unfavorable, may be material to BB&T's consolidated financial position, consolidated results of operations or consolidated cash flows.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Fair Value Disclosures

6 Months Ended

Jun. 30, 2011

Fair Value Disclosures

Fair Value Disclosures

NOTE 14. Fair Value Disclosures

BB&T carries various assets and liabilities at fair value based on applicable accounting standards. In addition, BB&T has elected to account for prime residential mortgage and commercial mortgage loans originated as loans held for sale at fair value in accordance with applicable accounting standards (the "Fair Value Option"). BB&T also has certain loans held for sale that were originated as loans held for investment. These loans are carried at the lower of cost or market. Accounting standards define fair value as the exchange price that would be received on the measurement date to sell an asset or the price paid to transfer a liability in the principal or most advantageous market available to the entity in an orderly transaction between market participants. These standards also established a three level fair value hierarchy that describes the inputs that are used to measure assets and liabilities. Level 1 asset and liability fair values are based on quoted prices in active markets for identical assets and liabilities. Level 2 asset and liability fair values are based on observable inputs that include: quoted market prices for similar assets or liabilities; quoted market prices that are not in an active market; or other inputs that are observable in the market and can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 assets and liabilities are financial instruments whose value is calculated by the use of pricing models and/or discounted cash flow methodologies, as well as financial instruments for which the determination of fair value requires significant management judgment or estimation. These methodologies may result in a significant portion of the fair value being derived from unobservable data.

Assets and liabilities measured at fair value on a recurring basis, including financial instruments for which BB&T has elected the Fair Value Option are summarized below:


			Fair Value Measurements for Assets and Liabilities Measured on a Recurring Basis
	6/30/2011		Level 1		Level 2		Level 3
			(Dollars in millions)
Assets:
Trading securities	$	564	$	204	$	359	$	1
Securities available for sale:
GSE securities		78		—		78		—
Mortgage-backed securities issued by GSE		15,231		—		15,231		—
States and political subdivisions		1,822		—		1,822		—
Non-agency mortgage-backed securities		424		—		424		—
Other securities		197		194		3		—
Covered securities		1,657		—		594		1,063
Loans held for sale (1)		1,849		—		1,849		—
Residential mortgage servicing rights		879		—		—		879
Derivative assets: (2)
Interest rate contracts		936		—		923		13
Foreign exchange contracts		4		—		4		—
Venture capital and similar investments (2)(3)		247		—		—		247

Total assets (1)	$	23,888	$	398	$	21,287	$	2,203

Liabilities:
Derivative liabilities: (2)
Interest rate contracts	$	966	$	1	$	955	$	10
Foreign exchange contracts		3		—		3		—
Short-term borrowed funds (4)		268		—		268		—

Total liabilities	$	1,237	$	1	$	1,226	$	10


			Fair Value Measurements for Assets and Liabilities Measured on a Recurring Basis
	12/31/2010		Level 1		Level 2		Level 3
			(Dollars in millions)
Assets:
Trading securities	$	633	$	276	$	346	$	11
Securities available for sale:
GSE securities		103		—		103		—
Mortgage-backed securities issued by GSE		18,344		—		18,344		—
States and political subdivisions		1,909		—		1,790		119
Non-agency mortgage-backed securities		515		—		515		—
Other securities		759		147		605		7
Covered securities		1,539		—		585		954
Loans held for sale (1)		3,176		—		3,176		—
Residential mortgage servicing rights		830		—		—		830
Derivative assets: (2)
Interest rate contracts		926		1		913		12
Foreign exchange contracts		7		—		7		—
Venture capital and similar investments (2)(3)		266		—		—		266

Total assets (1)	$	29,007	$	424	$	26,384	$	2,199

Liabilities:
Derivative liabilities: (2)
Interest rate contracts	$	996	$	10	$	949	$	37
Foreign exchange contracts		6		—		6		—
Short-term borrowed funds (4)		233		—		233		—

Total liabilities	$	1,235	$	10	$	1,188	$	37

(1)	Excludes loans held for sale carried at the lower of cost or market.

(2)	These amounts are reflected in other assets and other liabilities on the Consolidated Balance Sheets.

(3)	Based on an analysis of the nature and risks of these investments, BB&T has determined that presenting these investments as a single class is appropriate.

(4)	Short-term borrowed funds reflect securities sold short positions.

The following discussion focuses on the valuation techniques and significant inputs used by BB&T in determining the Level 2 and Level 3 fair values of each significant class of assets and liabilities.

The fair values for available-for-sale and trading securities are generally based upon quoted market prices or observable market prices for similar instruments. BB&T generally utilizes a third-party pricing service in determining the fair value of its securities portfolio. The pricing service uses observable inputs when available including benchmark yields, reported trades, broker-dealer quotes, issuer spreads, benchmark securities, bids and offers. For certain security types, additional inputs may be used, or some inputs may not be applicable. BB&T performs a review of pricing on actual trades executed in order to validate the fair values provided by this pricing service. BB&T also analyzes available third-party market data for a sample of securities to further validate these fair values. When market observable data is not available, which generally occurs due to the lack of liquidity for certain securities, the valuation of the security is subjective and may involve substantial judgment by management.

Specific valuation techniques and inputs used in determining the fair value of each significant class of assets and liabilities follows:

Trading securities: Trading securities are composed of all types of debt and equity securities, but the majority consists of debt securities issued by the U.S. Treasury, U.S. government-sponsored entities, or states and political subdivisions. The valuation techniques used for these investments are more fully discussed below.

GSE securities and Mortgage-backed securities issued by GSE: These are debt securities issued by U.S. government sponsored entities. BB&T's valuations are based on a market approach using observable inputs such as benchmark yields and securities, TBA prices, reported trades, issuer spreads, current bids and offers, monthly payment information and collateral performance.

States and political subdivisions: These are debt securities issued by states and political subdivisions. BB&T's valuations are primarily based on a market approach using observable inputs such as benchmark yields, MSRB reported trades, material event notices and new issue data.

Non-agency mortgage-backed securities: BB&T's valuation for these debt securities is based on a market approach using observable inputs such as benchmark yields and securities, TBA prices, reported trades, monthly payment information and collateral performance.

Equity and other securities: These securities consist primarily of equities, mutual funds and corporate bonds. These securities are valued based on a review of quoted market prices for identical and similar assets as well as through the various other inputs discussed previously.

Covered securities: Covered securities are covered by FDIC loss sharing agreements and consist of re-remic non-agency mortgage-backed securities, municipal securities and non-agency mortgage-backed securities. The covered state and political subdivision securities and certain non-agency mortgage-backed securities are valued in a manner similar to the approach described above for these asset classes. The re-remic non-agency mortgage-backed securities, which are categorized as Level 3, were valued based on broker dealer quotes that reflected certain unobservable market inputs.

Loans held for sale: BB&T originates certain mortgage loans to be sold to investors. These loans are carried at fair value based on BB&T's election of the Fair Value Option. The fair value is primarily based on quoted market prices for securities backed by similar types of loans. The changes in fair value of these assets are largely driven by changes in interest rates subsequent to loan funding and changes in the fair value of servicing associated with the mortgage loan held for sale.

Residential mortgage servicing rights: BB&T estimates the fair value of residential mortgage servicing rights ("MSRs") using an option adjusted spread ("OAS") valuation model to project MSR cash flows over multiple interest rate scenarios, which are then discounted at risk-adjusted rates. The OAS model considers portfolio characteristics, contractually specified servicing fees, prepayment assumptions, delinquency rates, late charges, other ancillary revenue, costs to service and other economic factors. When available, fair value estimates and assumptions are compared to observable market data and to recent market activity and actual portfolio experience.

Derivative assets and liabilities: BB&T uses derivatives to manage various financial risks. The fair values of derivative financial instruments are determined based on quoted market prices, dealer quotes and internal pricing models that are primarily sensitive to market observable data. The fair value of interest rate lock commitments, which are related to mortgage loan commitments, is based on quoted market prices adjusted for commitments that BB&T does not expect to fund and includes the value attributable to the net servicing fee.

Venture capital and similar investments: BB&T has venture capital and similar investments that are carried at fair value. In many cases there are no observable market values for these investments and therefore management must estimate the fair value based on a comparison of the operating performance of the company to multiples in the marketplace for similar entities. This analysis requires significant judgment and actual values in a sale could differ materially from those estimated.

Short-term borrowed funds: Short-term borrowed funds represent debt securities sold short. These are entered into through BB&T's brokerage subsidiary Scott & Stringfellow, LLC. These trades are executed as a hedging strategy for the purposes of supporting institutional and retail client trading activities.

The tables below present reconciliations for the three and six months ended June 30, 2011 and 2010, respectively, for Level 3 assets and liabilities that are measured at fair value on a recurring basis.


	Fair Value Measurements Using Significant Unobservable Inputs
Three Months Ended June 30, 2011	Trading			States & Political Subdivisions			Other Securities		Covered Securities			Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at April 1, 2011	$	1		$	52		$	—	$	1,059		$	928		$	7		$	272
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—		8			—			—			—
Mortgage banking income		—			—			—		—			(89	)		43			—
Other noninterest income		—			—			—		—			—			—			7
Included in other comprehensive income (loss)		—			—			—		(4	)		—			—			—
Purchases		2			—			—		—			—			—			7
Issuances		—			—			—		—			40			10			—
Sales		(9	)		—			—		—			—			—			(30	)
Settlements		7			(52	)		—		—			—			(57	)		(6	)
Transfers into Level 3		—			—			—		—			—			—			1
Transfers out of Level 3		—			—			—		—			—			—			(4	)

Balance at June 30, 2011	$	1		$	—		$	—	$	1,063		$	879		$	3		$	247

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2011	$	—		$	—		$	—	$	8		$	(60	)	$	3		$	5


	Fair Value Measurements Using Significant Unobservable Inputs
Three Months Ended June 30, 2010	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives		Venture Capital and Similar Investments
	(Dollars in millions)
Balance at April 1, 2010	$	19		$	201		$	9		$	726	$	875		$	1	$	261
Total realized and unrealized gains or losses:
Included in earnings:
Interest Income		—			—			—			18		—			—		—
Mortgage banking income		—			—			—			—		(263	)		36		—
Other noninterest income		—			—			—			—		—			—		6
Included in other comprehensive income (loss)		—			(2	)		(1	)		74		—			—		—
Purchases, issuances and settlements		(8	)		(46	)		—			—		53			11		5
Transfers into Level 3		—			—			—			—		—			—		—
Transfers out of Level 3		—			(17	)		—			—		—			—		—

Balance at June 30, 2010	$	11		$	136		$	8		$	818	$	665		$	48	$	272

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2010	$	—		$	—		$	—		$	18	$	(232	)	$	48	$	4


	Fair Value Measurements Using Significant Unobservable Inputs
Six Months Ended June 30, 2011	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at January 1, 2011	$	11		$	119		$	7		$	954	$	830		$	(25	)	$	266
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—			26		—			—			—
Mortgage banking income		—			—			—			—		(77	)		26			—
Other noninterest income		(3	)		—			—			—		—			—			15
Included in other comprehensive income (loss)		—			(9	)		(1	)		83		—			—			—
Purchases		2			—			—			—		—			—			12
Issuances		—			—			—			—		126			21			—
Sales		(9	)		—			—			—		—			—			(36	)
Settlements		—			(53	)		(1	)		—		—			(19	)		(7	)
Transfers into Level 3		—			—			—			—		—			—			1
Transfers out of Level 3		—			(57	)		(5	)		—		—			—			(4	)

Balance at June 30, 2011	$	1		$	—		$	—		$	1,063	$	879		$	3		$	247

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2011	$	—		$	—		$	—		$	26	$	(20	)	$	3		$	12


	Fair Value Measurements Using Significant Unobservable Inputs
Six Months Ended June 30, 2010	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at January 1, 2010	$	93		$	210		$	9		$	668	$	832		$	(20	)	$	281
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—			34		—			—			—
Mortgage banking income		—			—			—			—		(289	)		53			—
Other noninterest income		—			—			—			—		—			—			9
Included in other comprehensive income (loss)		—			(1	)		(1	)		116		—			—			—
Purchases, issuances and settlements		(6	)		(56	)		—			—		122			15			(18	)
Transfers into Level 3		—			—			—			—		—			—			—
Transfers out of Level 3		(76	)		(17	)		—			—		—			—			—

Balance at June 30, 2010	$	11		$	136		$	8		$	818	$	665		$	48		$	272

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2010	$	—		$	—		$	—		$	34	$	(227	)	$	48		$	3

BB&T's policy is to recognize transfers in and transfers out of Levels 1, 2 and 3 as of the end of a reporting period. During the first six months of 2011, BB&T transferred certain state and political subdivision securities out of Level 3 as a result of management's decision to reclassify them from available for sale to held to maturity classification which is not recorded at fair value. During the first six months of 2010, BB&T transferred certain non-agency mortgage-backed securities from Level 3 to Level 2 as a result of increased observable market activity for these securities. There were no gains or losses recognized as a result of the transfers of securities during the six months ended June 30, 2011 or 2010. There were no significant transfers of securities between Level 1 and Level 2 for the six months ended June 30, 2011 or 2010.

BB&T has investments in venture capital funds and other similar investments that are measured at fair value based on the investment's net asset value. The significant investment strategies for these ventures are primarily equity and subordinated debt in privately-held middle market companies. The majority of these investments are not redeemable and have varying dates for which the underlying assets are expected to be liquidated by distribution through 2021. As of June 30, 2011, restrictions on the ability to sell the investments include, but are not limited to, consent of a majority member or general partner approval for transfer of ownership. There were no investments probable of sale for less than net asset value at June 30, 2011.

The net realized and unrealized gains (losses) reported for mortgage servicing rights assets includes an adjustment reducing the value $60 million and the realization of expected residential mortgage servicing rights cash flows of $29 million for the three months June 30, 2011. For the quarter ended June 30, 2010, the net realized and unrealized gains (losses) reported for mortgage servicing rights assets includes an adjustment reducing the value $232 million and the realization of expected residential mortgage servicing rights cash flows of $31 million. BB&T uses various derivative financial instruments to mitigate the income statement effect of changes in fair value. During the three months ended June 30, 2011 and 2010, the derivative instruments produced gains of $59 million and $241 million, respectively, which offset the valuation adjustments recorded.

For the six months ended June 30, 2011 and 2010, the net realized and unrealized gains (losses) reported for mortgage servicing rights assets includes an adjustment reducing the value $20 million and $227 million, respectively, and the realization of expected residential mortgage servicing rights cash flows of $57 million and $62 million, respectively. The various derivative financial instruments used to mitigate the income statement effect of changes in fair value produced gains of $20 million and $240 million for the six months ended June 30, 2011 and 2010, respectively, which offset the valuation adjustments recorded.

The following table details the fair value and unpaid principal balance of loans held for sale at June 30, 2011 and December 31, 2010 that were elected to be carried at fair value.


	June 30, 2011						December 31, 2010
	Fair Value		Aggregate Unpaid Principal Balance		Fair Value Less Aggregate Unpaid Principal Balance		Fair Value		Aggregate Unpaid Principal Balance		Fair Value Less Aggregate Unpaid Principal Balance
	(Dollars in millions)
Loans held for sale reported at fair value:
Total (1)(2)	$	1,849	$	1,820	$	29	$	3,176	$	3,192	$	(16	)
Nonaccrual loans		—		—		—		—		—		—
Loans 90 days or more past due and still accruing interest		1		1		—		1		1		—

(1)	The change in fair value is reflected in mortgage banking income.

(2)	Excludes loans held for sale carried at the lower of cost or market.

BB&T may be required, from time to time, to measure certain other financial assets at fair value on a nonrecurring basis. Assets measured at fair value on a nonrecurring basis for the periods ended June 30, 2011 and December 31, 2010 that were still held on the balance sheet at June 30, 2011 and December 31, 2010 totaled $2.0 billion. The June 30, 2011 amount consists of $776 million of impaired loans, excluding covered loans, and $1.2 billion of foreclosed real estate, excluding covered foreclosed real estate, that were classified as Level 3 assets. The December 31, 2010 amount consists of $705 million of impaired loans, excluding covered loans, and $1.3 billion of foreclosed real estate, excluding covered foreclosed real estate, that were classified as Level 3 assets. During the three months ended June 30, 2011 and 2010, BB&T recorded $119 million and $256 million, respectively, in losses related to write-downs of impaired loans and $85 million and $193 million, respectively, in losses related to write-downs of foreclosed real estate. For the six months ended June 30, 2011 and 2010, BB&T recorded $222 million and $415 million, respectively, in losses related to write-downs of impaired loans and $171 million and $318 million, respectively, in losses related to write-downs of foreclosed real estate. These write-downs include periodic revaluations of the collateral underlying impaired loans and foreclosed real estate. The periodic revaluations are generally based on the appraised value of the property. BB&T's policies require that valuations be updated at least annually and that upon foreclosure, the valuation must not be aged greater than six months old, otherwise an updated appraisal is required.

During 2010, BB&T transferred certain problem held for investment loans to loans held for sale. These loans were adjusted to the lower of cost or market on the date of transfer. As of June 30, 2011, approximately $116 million of loans held for sale are being valued on BB&T's consolidated balance sheet at the lower of cost or market.

Additionally, accounting standards require the disclosure of the estimated fair value of financial instruments that are not recorded at fair value. A financial instrument is defined as cash, evidence of an ownership interest in an entity or a contract that creates a contractual obligation or right to deliver or receive cash or another financial instrument from a second entity. For the financial instruments that BB&T does not record at fair value, estimates of fair value are made at a point in time, based on relevant market data and information about the financial instrument. Fair values are calculated based on the value of one trading unit without regard to any premium or discount that may result from concentrations of ownership of a financial instrument, possible tax ramifications, estimated transaction costs that may result from bulk sales or the relationship between various financial instruments. No readily available market exists for a significant portion of BB&T's financial instruments. Fair value estimates for these instruments are based on current economic conditions, currency and interest rate risk characteristics, loss experience and other factors. Many of these estimates involve uncertainties and matters of significant judgment and cannot be determined with precision. Therefore, the calculated fair value estimates in many instances cannot be substantiated by comparison to independent markets and, in many cases, may not be realizable in a current sale of the instrument. In addition, changes in assumptions could significantly affect these fair value estimates. The following methods and assumptions were used by BB&T in estimating the fair value of these financial instruments.

Cash and cash equivalents and segregated cash due from banks: For these short-term instruments, the carrying amounts are a reasonable estimate of fair values.

Securities held to maturity: The fair values of securities held to maturity are based on a market approach using observable inputs such as benchmark yields and securities, TBA prices, reported trades, issuer spreads, current bids and offers, monthly payment information and collateral performance.

Loans receivable: The fair values for loans are estimated using discounted cash flow analyses, applying interest rates currently being offered for loans with similar terms and credit quality, which are deemed to be indicative of orderly transactions in the current market. For commercial loans and leases, internal credit risk models are used to adjust discount rates for risk migration and expected losses. For residential mortgage and other consumer loans, internal prepayment risk models are used to adjust contractual cash flows. Loans are aggregated into pools of similar terms and credit quality and discounted using a LIBOR based rate. The carrying amounts of accrued interest approximate fair values.

Deposit liabilities: The fair values for demand deposits, interest-checking accounts, savings accounts and certain money market accounts are, by definition, equal to the amount payable on demand at the reporting date. Fair values for certificates of deposit are estimated using a discounted cash flow calculation that applies current interest rates to aggregate expected maturities. In addition, nonfinancial instruments such as core deposit intangibles are not recorded at fair value. BB&T has developed long-term relationships with its customers through its deposit base and in the opinion of management, these items add significant value to BB&T.

Federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds: The carrying amounts of Federal funds purchased, borrowings under repurchase agreements and short-term borrowed funds approximate their fair values.

Long-term debt: The fair values of long-term debt are estimated based on quoted market prices for the instrument if available, or for similar instruments if not available, or by using discounted cash flow analyses, based on BB&T's current incremental borrowing rates for similar types of instruments.

Contractual commitments: The fair values of commitments are estimated using the fees charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair values also consider the difference between current levels of interest rates and the committed rates. The fair values of guarantees and letters of credit are estimated based on the counterparties' creditworthiness and average default rates for loan products with similar risks. The fair values of commitments to fund affordable housing investments are estimated using the net present value of future commitments.

The following is a summary of the carrying amounts and fair values of those financial assets and liabilities that BB&T has not recorded at fair value:


	June 30, 2011				December 31, 2010
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(Dollars in millions)
Financial assets:
Securities held to maturity (1)	$	8,552	$	8,605	$	—	$	—
Loans and leases (2)(3)		100,985		99,915		101,380		100,360

Financial liabilities:
Deposits		108,064		105,416		107,213		104,091
Long-term debt		23,380		24,421		21,730		22,733

(1)	The carrying value excludes amounts deferred in other comprehensive income resulting from the transfer of securities available for sale to securities held to maturity. Refer to Note 10 for additional disclosures.

(2)	Includes loans held for sale carried at the lower of cost or market.

(3)	The carrying value is net of the allowance for loan and lease losses.

The following is a summary of the notional or contractual amounts and fair values of BB&T's off-balance sheet financial instruments as of the periods indicated:


	June 30, 2011				December 31, 2010
	Notional/ Contract Amount		Fair Value		Notional/ Contract Amount		Fair Value
	(Dollars in millions)
Contractual commitments:
Commitments to extend, originate or purchase credit	$	38,703	$	68	$	36,917	$	65
Residential mortgage loans sold with recourse		1,464		7		1,624		6
Other loans sold with recourse		4,535		21		4,352		19
Letters of credit and financial guarantees written		6,387		42		7,291		41
Commitments to fund affordable housing investments		296		280		334		316

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

Derivative Financial Instruments

6 Months Ended

Jun. 30, 2011

Derivative Financial Instruments

Derivative Financial Instruments

NOTE 15. Derivative Financial Instruments

The following tables set forth certain information concerning BB&T's derivative financial instruments and related hedged items as of the periods indicated:

Derivative Classifications and Hedging Relationships


		June 30, 2011							December 31, 2010
	Hedged Item or Transaction	Notional Amount		Fair Value					Notional Amount		Fair Value
	Hedged Item or Transaction	Notional Amount		Gain (1)		Loss (1)			Notional Amount		Gain (1)		Loss (1)
		(Dollars in millions)
Cash Flow Hedges (2):
Interest rate contracts:
Pay fixed swaps	3 month LIBOR funding	$	5,950	$	3	$	(222	)	$	5,950	$	6	$	(181	)
Caps	3 month LIBOR funding		—		—		—			200		—		—

Total			5,950		3		(222	)		6,150		6		(181	)

Net Investment Hedges:
Foreign exchange contracts			73		1		—			73		—		(2	)

Total			73		1		—			73		—		(2	)

Fair Value Hedges:
Interest rate contracts:
Receive fixed swaps and option trades	Long-term debt		4,571		119		—			1,160		25		—
Pay fixed swaps	Commercial loans		89		—		(1	)		54		—		—
Pay fixed swaps	Municipal securities		355		—		(78	)		355		—		(75	)

Total			5,015		119		(79	)		1,569		25		(75	)

Not Designated as Hedges:
Client-related and other risk management
Interest rate contracts:
Receive fixed swaps			9,346		501		(5	)		9,696		496		(10	)
Pay fixed swaps			9,265		8		(536	)		9,514		12		(530	)
Other swaps			2,944		2		(1	)		3,328		2		(3	)
Option trades			889		29		(31	)		897		29		(30	)
Futures contracts			690		—		—			1,747		1		—
Risk Participations			202		—		—			180		—		—
Foreign exchange contracts			376		3		(3	)		436		7		(4	)

Total			23,712		543		(576	)		25,798		547		(577	)

Mortgage Banking
Interest rate contracts:
Receive fixed swaps			89		3		—			11		—		—
Pay fixed swaps			16		—		(1	)		35		—		—
Interest rate lock commitments			2,762		13		(10	)		3,922		12		(37	)
When issued securities, forward rate agreements and forward commitments			3,723		11		(18	)		7,717		106		(27	)
Option trades			500		3		—			400		11		—
Futures contracts			24		—		—			13		1		—

Total			7,114		30		(29	)		12,098		130		(64	)

Mortgage Servicing Rights
Interest rate contracts:
Receive fixed swaps			3,088		34		(17	)		3,225		13		(61	)
Pay fixed swaps			2,889		9		(37	)		2,536		15		(7	)
Option trades			6,515		192		(8	)		6,095		192		(11	)
Futures contracts			1,342		—		(1	)		4,260		—		(10	)
When issued securities, forward rate agreements and forward commitments			2,362		9		—			3,582		5		(14	)

Total			16,196		244		(63	)		19,698		225		(103	)

Total nonhedging derivatives			47,022		817		(668	)		57,594		902		(744	)

Total Derivatives		$	58,060	$	940	$	(969	)	$	65,386	$	933	$	(1,002	)

(1)	Derivatives in a gain position are recorded as Other assets and derivatives in a loss position are recorded as Other liabilities on the Consolidated Balance Sheet.

(2)	Cash flow hedges are hedging the first unhedged forecasted settlements associated with the listed hedged item descriptions.

The Effect of Derivative Instruments on the Consolidated Statements of Income

Three Months Ended June 30, 2011 and 2010


	Effective Portion													Ineffective Portion
	Gain or (Loss) Recognized in OCI						Location of Amounts Reclassified from AOCI into Income	(Gain) or Loss Reclassified from AOCI into Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)
	2011			2010			Location of Amounts Reclassified from AOCI into Income	2011			2010			Location of Amounts Recognized in Income	2011		2010
	(Dollars in millions)
Cash Flow Hedges
Interest rate contracts	$	(90	)	$	(137	)	Total interest income	$	(6	)	$	(12	)	Other noninterest income	$	—	$	—
							Total interest expense		14			4

								$	8		$	(8	)

Net Investment Hedges
Foreign exchange contracts	$	(1	)	$	4			$	—		$	—			$	—	$	—


	Effective Portion							Ineffective Portion
	Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)
	Location of Amounts Recognized in Income	2011			2010			Location of Amounts Recognized in Income	2011		2010
	(Dollars in millions)
Fair Value Hedges
Interest rate contracts	Total interest expense	$	92		$	45		Other noninterest income	$	—	$	(2	)
Interest rate contracts	Total interest income		(5	)		(5	)

Total		$	87		$	40

Not Designated as Hedges
Client-related and other risk management
Interest rate contracts	Other noninterest income	$	1		$	(3	)
Foreign exchange contracts	Other nondeposit fees and commissions		2			2
Mortgage Banking Interest rate contracts	Mortgage banking income		(2	)		(27	)
Mortgage Servicing Rights Interest rate contracts	Mortgage banking income		59			241

Total		$	60		$	213

Note: All amounts for Other Comprehensive Income ("OCI") and Accumulated Other Comprehensive Income ("AOCI") are stated on a pre-tax basis.

(1)	All gains and losses recognized in income relate to the ineffective portion of the change in the fair value of the derivative. No portion of the change in fair value of the derivative has been excluded from effectiveness testing.

The Effect of Derivative Instruments on the Consolidated Statements of Income

Six Months Ended June 30, 2011 and 2010


	Effective Portion													Ineffective Portion
	Gain or (Loss) Recognized in OCI						Location of Amounts Reclassified from AOCI into Income	(Gain) or Loss Reclassified from AOCI into Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)



	2011			2010				2011			2010				2011		2010
								(Dollars in millions)
Cash Flow Hedges
Interest rate contracts	$	(81	)	$	(196	)	Total interest income	$	(13	)	$	(28	)	Other noninterest income	$	—	$	—
							Total interest expense		27			9

								$	14		$	(19	)

Net Investment Hedges
Foreign exchange contracts	$	(3	)	$	1			$	—		$	—			$	—	$	—


	Effective Portion							Ineffective Portion
	Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)



		2011			2010				2011		2010
		(Dollars in millions)
Fair Value Hedges
Interest rate contracts	Total interest expense	$	136		$	97		Other noninterest income	$	1	$	(1	)
Interest rate contracts	Total interest income		(10	)		(10	)

Total		$	126		$	87

Not Designated as Hedges

Client-related and other risk management
Interest rate contracts	Other noninterest income	$	(2	)	$	(4	)
Foreign exchange contracts	Other nondeposit fees and commissions		4			3
Mortgage Banking Interest rate contracts	Mortgage banking income		(62	)		(47	)
Mortgage Servicing Rights Interest rate contracts	Mortgage banking income		20			240

Total		$	(40	)	$	192

Note: All amounts for Other Comprehensive Income ("OCI") and Accumulated Other Comprehensive Income ("AOCI") are stated on a pre-tax basis.

(1)	All gains and losses recognized in income relate to the ineffective portion of the change in the fair value of the derivative. No portion of the change in fair value of the derivative has been excluded from effectiveness testing.

BB&T uses a variety of derivative instruments to manage interest rate and foreign exchange risks. These instruments consist of interest-rate swaps, swaptions, caps, floors, collars, financial forward and futures contracts, when-issued securities, foreign exchange contracts and options written and purchased. A derivative is a financial instrument that derives its cash flows, and therefore its value, by reference to an underlying instrument, index or referenced interest rate. There are five areas of risk management: balance sheet management, mortgage banking operations, mortgage servicing rights, net investment in a foreign subsidiary and client-related and other risk management activities.

Cash Flow Hedges

BB&T's floating rate business loans, Federal funds purchased, other overnight funding, FHLB advances, medium-term bank notes and long-term debt expose it to variability in cash flows for interest payments. The risk management objective for these floating rate assets and liabilities is to hedge the variability in the interest payments and receipts on future cash flows for forecasted transactions. These forecasted transactions include interest receipts on commercial loans and interest payments on 3 month LIBOR funding. All of BB&T's current cash flow hedges are hedging exposure to variability in future cash flows for forecasted transactions related to the payment of variable interest on then existing financial instruments.

For a qualifying cash flow hedge, the portion of changes in the fair value of the derivatives that has been highly effective is recognized in other comprehensive income (loss) until the related cash flows from the hedged item are recognized in earnings. If a derivative designated as a cash flow hedge is terminated or ceases to be highly effective, the gain or loss in other comprehensive income (loss) is amortized to earnings over the period the forecasted hedged transactions impact earnings. If a hedged forecasted transaction is no longer probable of occurring during the forecast period or within a short period thereafter, hedge accounting is ceased and any gain or loss included in other comprehensive income (loss) is reported in earnings immediately. During the six months ended June 30, 2011 and 2010, BB&T amortized approximately $(14) million and $19 million of unrecognized pre-tax gains (losses) from accumulated other comprehensive income (loss) into net interest income.

At June 30, 2011, BB&T had $142 million of unrecognized pre-tax losses on derivatives classified as cash flow hedges recorded in other comprehensive income (loss), compared to $75 million of unrecognized pre-tax losses at December 31, 2010. The estimated amount to be reclassified from other comprehensive income (loss) into earnings during the next 12 months is a loss totaling approximately $38 million. This includes active hedges and gains and losses related to hedges that were terminated early for which the forecasted transactions are still probable. The proceeds from these terminations were included in cash flows from financing activities.

All cash flow hedges were highly effective for the six months ended June 30, 2011, and the change in fair value attributed to hedge ineffectiveness was not material.

Fair Value Hedges

BB&T's fixed rate long-term debt, certificates of deposit, FHLB advances, loan and municipal security assets result in exposure to losses in value as interest rates change. The risk management objective for hedging fixed rate assets and liabilities is to convert the fixed rate paid or received to a floating rate. BB&T accomplishes its risk management objective by hedging exposure to changes in fair value of fixed rate financial instruments primarily through the use of swaps. For a qualifying fair value hedge, changes in the value of the derivatives that have been highly effective as hedges are recognized in current period earnings along with the corresponding changes in the fair value of the designated hedged item attributable to the risk being hedged.

During the six months ended June 30, 2011 and 2010, BB&T terminated certain fair value hedges primarily related to its long-term debt and received proceeds of $16 million and $152 million, respectively. When hedged debt/other financial instruments are retired or redeemed, the amounts associated with the hedge are included as a component of the gain or loss on termination. When a hedge is terminated but the hedged item remains outstanding, the proceeds from the termination of these hedges have been reflected as part of the carrying value of the underlying debt/other financial instrument and are being amortized to earnings over its estimated remaining life. The proceeds from these terminations were included in cash flows from financing activities. During the six months ended June 30, 2011 and 2010, BB&T recognized pre-tax benefits of $92 million and $24 million respectively through reductions of interest expense from previously unwound hedges.

Derivatives Not Designated As Hedges

Derivatives not designated as a hedge include those that are entered into as either balance sheet risk management instruments or to facilitate client needs. Balance sheet risk management hedges are those hedges that do not qualify to be treated as a cash flow hedge, a fair value hedge or a foreign currency hedge for accounting purposes, but are necessary to economically manage the risk associated with an asset or liability.

This category of hedges includes derivatives that hedge mortgage banking operations and mortgage servicing rights ("MSRs"). For mortgage loans originated for sale, BB&T is exposed to changes in market rates and conditions subsequent to the interest rate lock and funding date. BB&T's risk management strategy related to its interest rate lock commitment derivatives and loans held for sale includes using mortgage-based derivatives such as forward commitments and options in order to mitigate market risk. For MSRs, BB&T uses various derivative instruments to mitigate the income statement effect of changes in the fair value of its MSRs. For the six months ended June 30, 2011, BB&T recorded a gain totaling $20 million related to these derivatives which was offset by a decrease in the carrying value of mortgage servicing assets totaling $20 million. For the six months ended June 30, 2010, BB&T recognized a $240 million gain on these derivatives, which was offset by a negative $227 million valuation adjustment related to the mortgage servicing asset.

BB&T also held, as risk management instruments, other derivatives not designated as hedges primarily to facilitate transactions on behalf of its clients, as well as activities related to balance sheet management.

Net Investment Hedges

In connection with a long-term investment in a foreign subsidiary, BB&T is exposed to changes in the carrying value of its investment as a result of changes in the related foreign exchange rate. At June 30, 2011 and December 31, 2010, BB&T used derivatives to hedge the variability in the value of its $73 million investment. For net investment hedges, changes in value of qualifying hedges are deferred in other comprehensive income (loss) when the terms of the derivative match the notional and currency risk being hedged. At June 30, 2011 and December 31, 2010, accumulated other comprehensive income (loss) reflected unrecognized after-tax losses totaling $13 million and $11 million, respectively, related to cumulative changes in the fair value of BB&T's net investment hedge.

Derivatives Credit Risk

Credit risk related to derivatives arises when amounts receivable from counterparty exceed those payable to the same counterparty. BB&T addresses the risk of loss by subjecting counterparties to credit reviews and approvals similar to those used in making loans or other extensions of credit and by requiring collateral. Dealer counterparties operate under agreements to provide cash and/or liquid collateral when unsecured loss positions exceed certain negotiated limits.

As of June 30, 2011 BB&T had received cash collateral totaling $37 million related to derivatives in a gain position totaling $41 million and had posted collateral totaling $550 million including initial margin required by exchanges related to derivatives in a loss position totaling $524 million. As of December 31, 2010, BB&T had received cash collateral totaling $33 million, to cover derivatives in a gain position of similar value and had posted collateral totaling $605 million related to derivatives in a loss position totaling $612 million. In the event that BB&T's credit ratings had been downgraded below investment grade, the amount of collateral posted would have increased by $8 million and $10 million as of June 30, 2011 and December 31, 2010, respectively.

After collateral postings are considered, BB&T had $6 million of unsecured positions in a gain with derivative dealers at June 30, 2011 and had collateral sufficient to secure derivatives in a gain at December 31, 2010. All of the derivative contracts to which BB&T is a party settle monthly, quarterly or semiannually. In the case of contracts with derivative dealers, BB&T only transacts with dealers that are national market makers with strong credit ratings. Further, BB&T has netting agreements with the dealers with which it does business. Because of these factors, BB&T's credit risk exposure related to derivative dealers at June 30, 2011 and December 31, 2010 was not material.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6887037&loc=d3e80784-113994

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579245-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624163-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579240-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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Reference 21: http://www.xbrl.org/2003/role/presentationRef
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-Topic 815
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-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

+ Details

Computation of Earnings Per Share

6 Months Ended

Jun. 30, 2011

Computation of Earnings Per Share

Computation of Earnings Per Share

NOTE 16. Computation of Earnings Per Share

BB&T's basic and diluted earnings per share amounts for the three and six months ended June 30, 2011 and 2010 respectively, were calculated as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
	(Dollars in millions, except per share data, shares in thousands)
Basic Earnings Per Share:
Net income available to common shareholders	$	307	$	210	$	532	$	398

Weighted average number of common shares		696,625		692,113		695,971		691,456

Basic earnings per share	$	0.44	$	0.30	$	0.76	$	0.58

Diluted Earnings Per Share:
Net income available to common shareholders	$	307	$	210	$	532	$	398

Weighted average number of common shares		696,625		692,113		695,971		691,456
Add:
Effect of dilutive outstanding equity-based awards		8,344		9,209		8,612		8,767

Weighted average number of diluted common shares		704,969		701,322		704,583		700,223

Diluted earnings per share	$	0.44	$	0.30	$	0.76	$	0.57

For the three months ended June 30, 2011 and 2010, the number of anti-dilutive awards was 41.0 million and 25.8 million shares, respectively. For the six months ended June 30, 2011 and 2010, the number of anti-dilutive awards was 41.1 million and 32.1 million shares, respectively.

Operating Segments

6 Months Ended

Jun. 30, 2011

Operating Segments

Operating Segments

NOTE 17. Operating Segments

BB&T's operations are divided into seven reportable business segments: Community Banking, Residential Mortgage Banking, Sales Finance, Specialized Lending, Insurance Services, Financial Services and Treasury. These operating segments have been identified based on BB&T's organizational structure. The segments require unique technology and marketing strategies and offer different products and services. While BB&T is managed as an integrated organization, individual executive managers are held accountable for the operations of these business segments.

BB&T emphasizes revenue growth by focusing on client service, sales effectiveness and relationship management. The segment results contained herein are presented based on internal management accounting policies that were designed to support these strategic objectives. Unlike financial accounting, there is no comprehensive authoritative body of guidance for management accounting equivalent to GAAP. The performance of the segments is not comparable with BB&T's consolidated results or with similar information presented by any other financial institution. Additionally, because of the interrelationships of the various segments, the information presented is not indicative of how the segments would perform if they operated as independent entities.

Allocation methodologies are subject to periodic adjustment as the internal management accounting system is revised and business or product lines within the segments change. Also, because the development and application of these methodologies is a dynamic process, the financial results presented may be periodically revised. During the first quarter of 2011, we refined the process related to allocating the economic provision between the Company's operating segments. This process refinement was designed to achieve a higher degree of correlation between the economic provision and the GAAP basis provision at the segment level, while at the same time providing management with a measure of operating performance that gives appropriate consideration to the risks inherent in each of the Company's operating segments.

Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for a description of internal accounting policies and the basis of segmentation, including a description of the segments presented in the accompanying tables.

The following tables disclose selected financial information with respect to BB&T's reportable business segments for the periods indicated:

BB&T Corporation

Reportable Segments

Three Months Ended June 30, 2011 and 2010

Community
Banking

Residential
Mortgage Banking

Sales Finance

Specialized
Lending

Insurance
Services

2011

2010

2011

2010

2011

2010

2011

2010

2011

2010

(Dollars in millions)

Net interest income (expense)

501

445

244

242

236

222

—

Net funds transfer pricing (FTP)

427

529

(184

)

(181

)

(51

)

(64

)

(45

)

(54

)

Net interest income (expense) and FTP

928

974

191

168

)

Economic provision for loan and lease losses

112

439

143

187

)

—

Noninterest income

308

327

297

283

Intersegment net referral fees (expense)

—

)

—

Noninterest expense

536

638

211

202

Allocated corporate expenses

220

195

Income (loss) before income taxes

405

(101

)

(100

)

116

103

Provision (benefit) for income taxes

149

(38

)

(38

)

Segment net income (loss)

256

(63

)

(62

)

Identifiable segment assets (period end)

58,877

61,549

21,619

18,962

7,040

6,660

9,104

8,469

1,273

1,282


	Financial Services					Treasury						All Other Segments (1)						Parent/ Reconciling Items						Total BB&T Corporation
	2011			2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	10		$	10	$	(14	)	$	76		$	50		$	46		$	239		$	220		$	1,354	$	1,360
Net funds transfer pricing (FTP)		14			15		(75	)		(157	)		(47	)		(45	)		(37	)		(42	)		—		—

Net interest income (expense) and FTP		24			25		(89	)		(81	)		3			1			202			178			1,354		1,360
Economic provision for loan and lease losses		(2	)		8		—			—			1			11			43			(7	)		328		650
Noninterest income		162			147		—			242			13			11			(98	)		(100	)		787		1,039
Intersegment net referral fees (expense)		3			3		—			—			—			—			(36	)		(39	)		—		—
Noninterest expense		147			131		6			4			17			16			319			364			1,395		1,500
Allocated corporate expenses		4			4		2			1			1			—			(263	)		(232	)		—		—

Income (loss) before income taxes		40			32		(97	)		156			(3	)		(15	)		(31	)		(86	)		418		249
Provision (benefit) for income taxes		15			12		(56	)		37			(14	)		(18	)		(33	)		(63	)		91		25

Segment net income (loss)	$	25		$	20	$	(41	)	$	119		$	11		$	3		$	2		$	(23	)	$	327	$	224

Identifiable segment assets (period end)	$	4,062		$	3,594	$	33,084		$	28,747		$	7,071		$	6,003		$	17,180		$	19,817		$	159,310	$	155,083

(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

BB&T Corporation

Reportable Segments

Six Months Ended June 30, 2011 and 2010


	Community Banking				Residential Mortgage Banking						Sales Finance						Specialized Lending						Insurance Services
	2011		2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	984	$	873	$	498		$	480		$	177		$	198		$	464		$	433		$	1	$	1
Net funds transfer pricing (FTP)		855		1,097		(367	)		(365	)		(103	)		(129	)		(87	)		(102	)		1		2

Net interest income (expense) and FTP		1,839		1,970		131			115			74			69			377			331			2		3
Economic provision for loan and lease losses		326		745		227			367			8			(3	)		69			97			—		—
Noninterest income		509		631		137			176			1			1			85			61			546		533
Intersegment net referral fees (expense)		76		73		—			—			(7	)		(6	)		—			—			—		—
Noninterest expense		1,080		1,223		138			122			16			16			152			139			409		403
Allocated corporate expenses		441		392		15			12			6			5			21			20			29		27

Income (loss) before income taxes		577		314		(112	)		(210	)		38			46			220			136			110		106
Provision (benefit) for income taxes		210		116		(42	)		(79	)		14			17			82			51			33		37

Segment net income (loss)	$	367	$	198	$	(70	)	$	(131	)	$	24		$	29		$	138		$	85		$	77	$	69

Identifiable segment assets (period end)	$	58,877	$	61,549	$	21,619		$	18,962		$	7,040		$	6,660		$	9,104		$	8,469		$	1,273	$	1,282


	Financial Services				Treasury						All Other Segments (1)						Parent/ Reconciling Items						Total BB&T Corporation
	2011		2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	19	$	18	$	(82	)	$	212		$	98		$	88		$	480		$	371		$	2,639	$	2,674
Net funds transfer pricing (FTP)		37		39		(157	)		(352	)		(93	)		(90	)		(86	)		(100	)		—		—

Net interest income (expense) and FTP		56		57		(239	)		(140	)		5			(2	)		394			271			2,639		2,674
Economic provision for loan and lease losses		1		9		—			—			(7	)		13			44			(3	)		668		1,225
Noninterest income		320		287		(2	)		260			26			23			(121	)		(89	)		1,501		1,883
Intersegment net referral fees (expense)		8		6		—			—			—			—			(77	)		(73	)		—		—
Noninterest expense		292		262		10			9			33			33			637			634			2,767		2,841
Allocated corporate expenses		7		9		5			2			2			(3	)		(526	)		(464	)		—		—

Income (loss) before income taxes		84		70		(256	)		109			3			(22	)		41			(58	)		705		491
Provision (benefit) for income taxes		31		26		(135	)		—			(24	)		(33	)		(25	)		(62	)		144		73

Segment net income (loss)	$	53	$	44	$	(121	)	$	109		$	27		$	11		$	66		$	4		$	561	$	418

Identifiable segment assets (period end)	$	4,062	$	3,594	$	33,084		$	28,747		$	7,071		$	6,003		$	17,180		$	19,817		$	159,310	$	155,083

(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB
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+ Details

Basis of Presentation (Policy)	6 Months Ended
Basis of Presentation (Policy)	Jun. 30, 2011
Basis of Presentation
Nature of Operations	*General* In the opinion of management, the accompanying unaudited Consolidated Balance Sheets, Consolidated Statements of Income, Consolidated Statements of Changes in Shareholders' Equity, and Consolidated Statements of Cash Flows of BB&T Corporation and subsidiaries ("BB&T", the "Corporation" or the "Company"), are fair statements of BB&T's financial position at June 30, 2011 and December 31, 2010, BB&T's results of operations for the three and six months ended June 30, 2011 and 2010, and BB&T's changes in shareholders' equity and cash flows for the six months ended June 30, 2011 and 2010. In the opinion of management, all normal recurring adjustments necessary for a fair statement of the consolidated financial position and consolidated results of operations have been made. These consolidated financial statements and notes are presented in accordance with the instructions for Form 10-Q. The information contained in the financial statements and footnotes included in BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 should be referred to in connection with these unaudited interim consolidated financial statements. The accounting and reporting policies of BB&T and its subsidiaries are in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. *Nature of Operations* BB&T is a financial holding company organized under the laws of North Carolina. BB&T conducts operations through its principal bank subsidiary, Branch Banking and Trust Company ("Branch Bank"), BB&T Financial, FSB ("BB&T FSB"), a federally chartered thrift institution, and its nonbank subsidiaries. Branch Bank has offices in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Tennessee, Kentucky, Florida, Alabama, Indiana, Texas and Washington, D.C. Branch Bank provides a wide range of banking services to individuals and businesses, and offers a variety of loans to businesses and consumers. Such loans are made primarily to individuals residing in the market areas described above or to businesses located within BB&T's geographic footprint. Branch Bank also markets a wide range of deposit services to individuals and businesses. Branch Bank offers, either directly, or through its subsidiaries, lease financing to businesses and municipal governments; factoring; discount brokerage services, annuities and mutual funds; life insurance, property and casualty insurance, health insurance and commercial general liability insurance on an agency basis and through a wholesale insurance brokerage operation; insurance premium financing; permanent financing arrangements for commercial real estate; loan servicing for third-party investors; direct consumer finance loans to individuals; trust and comprehensive wealth advisory services and association services. BB&T FSB and the direct nonbank subsidiaries of BB&T provide a variety of financial services including credit card lending, automobile lending, equipment financing, full-service securities brokerage, asset management and capital markets services.
Principles of Consolidation	Principles *of Consolidation* The consolidated financial statements of BB&T include the accounts of BB&T Corporation and those subsidiaries that are majority owned by BB&T and over which BB&T exercises control. In consolidation, all significant intercompany accounts and transactions are eliminated. The results of operations of companies or assets acquired are included only from the dates of acquisition. All material wholly-owned and majority-owned subsidiaries are consolidated unless GAAP requires otherwise. BB&T holds investments in certain legal entities that are considered variable interest entities ("VIE's"). VIE's are legal entities in which equity investors do not have sufficient equity at risk for the entity to independently finance its activities, or as a group, the holders of the equity investment at risk lack the power through voting or similar rights to direct the activities of the entity that most significantly impact its economic performance, or do not have the obligation to absorb the expected losses of the entity or the right to receive expected residual returns of the entity. Consolidation of a VIE is considered appropriate if a reporting entity holds a controlling financial interest in the VIE. BB&T evaluates its investments in VIE's to determine if a controlling financial interest is held. This evaluation gives appropriate consideration to the design of the entity and the variability that the entity was designed to pass along, the relative power of each of the parties to the VIE, and to BB&T's relative obligation to absorb losses or receive residual returns of the entity, in relation to such obligations and rights held by other parties to the VIE. BB&T has variable interests in certain entities that were not required to be consolidated, including affordable housing partnership interests, historic tax credit partnerships, other partnership interests and trusts that have issued capital securities. Refer to Note 13 for additional disclosures regarding BB&T's significant variable interest entities. BB&T accounts for unconsolidated partnership and similar investments using the equity method of accounting. In addition to affordable housing partnerships, which represent the majority of unconsolidated investments in variable interest entities, BB&T also has investments and future funding commitments to venture capital and other entities. The maximum potential exposure to losses relative to investments in variable interest entities is generally limited to the sum of the outstanding balance, future funding commitments and any related loans to the entity. Loans to these entities are underwritten in substantially the same manner as are other loans and are generally secured. BB&T has investments in certain entities for which BB&T does not have the controlling interest. For these investments, the Company records its interest using the equity method with its portion of income or loss being recorded in other noninterest income in the Consolidated Statements of Income. BB&T periodically evaluates these investments for impairment.
Reclassifications	*Reclassifications* In certain instances, amounts reported in prior periods' consolidated financial statements have been reclassified to conform to the current presentation. Such reclassifications had no effect on previously reported cash flows, shareholders' equity or net income.
Use of Estimates in the Preparation of Financial Statements	Use *of Estimates in the Preparation of Financial Statements* The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the allowance for credit losses, determination of fair value for financial instruments, valuation of goodwill, intangible assets and other purchase accounting related adjustments, benefit plan obligations and expenses, and tax assets, liabilities and expense.
Changes in Accounting Principles and Effects of New Accounting Pronouncements	*Changes in Accounting Principles and Effects of New Accounting Pronouncements* In February 2010, the Financial Accounting Standards Board ("FASB") issued new guidance impacting Fair Value Measurements and Disclosures. The new guidance requires a gross presentation of purchases and sales of Level 3 activities and adds a new requirement to disclose transfers in and out of Level 1 and Level 2 measurements. The guidance related to the transfers between Level 1 and Level 2 measurements was effective for BB&T on January 1, 2010. The guidance that requires increased disaggregation of the Level 3 activities was effective for BB&T on January 1, 2011. The new disclosures required by this guidance are included in Note 14 to these consolidated financial statements. In July 2010, the FASB issued new guidance impacting Receivables. The new guidance requires additional disclosures that will allow users to understand the nature of credit risk inherent in a company's loan portfolios, how that risk is analyzed and assessed in arriving at the allowance for loan and lease losses, and changes and reasons for those changes in the allowance for loan and lease losses. The new disclosures that relate to information as of the end of the reporting period were required as of December 31, 2010. The disclosures related to activity that occurs during a reporting period were effective for reporting periods beginning on or after December 15, 2010, except for the disclosure requirements relating to troubled debt restructurings, which are effective for reporting periods beginning on or after June 15, 2011. In April 2011, the FASB issued new guidance impacting Receivables. The new guidance amended existing guidance for assisting a creditor in determining whether a restructuring is a troubled debt restructuring. The amendments clarify the guidance for a creditor's evaluation of whether it has granted a concession and whether a debtor is experiencing financial difficulties. This guidance is effective for interim and annual reporting periods beginning after June 15, 2011, and will be applied retrospectively to the beginning of the annual period of adoption. The adoption of this guidance is not expected to be material to BB&T's consolidated financial statements. In May 2011, the FASB issued new guidance impacting Fair Value Measurements and Disclosures. The new guidance creates a uniform framework for applying fair value measurement principles for companies around the world. It eliminates differences between GAAP and International Financial Reporting Standards issued by the International Accounting Standards Board. New disclosures required by the guidance include: quantitative information about the significant unobservable inputs used for Level 3 measurements; a qualitative discussion about the sensitivity of recurring Level 3 measurements to changes in the unobservable inputs disclosed, including the interrelationship between inputs; and a description of the company's valuation processes. This guidance is effective for interim and annual periods beginning after December 15, 2011, and all amendments are applied prospectively with any changes in measurements recognized in income in the period of adoption. BB&T is currently evaluating the impact the standard will have on the consolidated financial statements. In June 2011, the FASB issued new guidance impacting Comprehensive Income. The new guidance amends disclosure requirements for the presentation of comprehensive income. The amended guidance eliminates the option to present components of other comprehensive income ("OCI") as part of the statement of changes in shareholders' equity. All changes in OCI are to be presented either in a single continuous statement of comprehensive income or in two separate but consecutive financial statements. The guidance does not change the items that must be reported in OCI. This guidance is effective for fiscal years and interim reporting periods within those years beginning after December 15, 2011 with early adoption permitted. The adoption of this guidance will not impact BB&T's consolidated financial position, results of operations or cash flows and will only impact the presentation of OCI in the consolidated financial statements.

- Definition

Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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+ Details

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

+ Details

Securities (Tables)

6 Months Ended

Jun. 30, 2011

Securities

Amortized Cost and Approximate Fair Values of Securities Available for Sale

	June 30, 2011
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities available for sale:
U.S. government-sponsored entities ("GSE")	$	76	$	2	$	—	$	78
Mortgage-backed securities issued by GSE		15,254		84		107		15,231
States and political subdivisions		1,904		39		121		1,822
Non-agency mortgage-backed securities		521		—		97		424
Other securities		197		—		—		197
Covered securities		1,262		399		4		1,657

Total securities available for sale	$	19,214	$	524	$	329	$	19,409

	December 31, 2010
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities available for sale:
GSE securities	$	102	$	1	$	—	$	103
Mortgage-backed securities issued by GSE		18,663		42		361		18,344
States and political subdivisions		2,051		19		161		1,909
Non-agency mortgage-backed securities		635		—		120		515
Other securities		734		27		2		759
Covered securities		1,234		307		2		1,539

Total securities available for sale	$	23,419	$	396	$	646	$	23,169

Amortized Cost and Approximate Fair Values of Securities Held to Maturity


June 30, 2011
	Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value
	(Dollars in millions)
Securities held to maturity:
Mortgage-backed securities issued by GSE	$	7,943	$	53	$	—	$	7,996
States and political subdivisions		36		—		—		36
Other securities		573		1		1		573

Total securities held to maturity	$	8,552	$	54	$	1	$	8,605

Gross Realized Gains and Losses and Other-than-temporary Impairments Recognized in Net Income


	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
	(Dollars in millions)
Gross gains	$	17		$	226		$	38		$	231
Gross losses		(1	)		(2	)		(1	)		(4	)

Net realized gains/(losses)		16			224			37			227

Other-than-temporary impairment ("OTTI") recognized on non-agency mortgage-backed securities:
Total OTTI on non-agency mortgage-backed securities		(10	)		(37	)		(11	)		(49	)
Non-credit portion recognized in other comprehensive income (1)		(8	)		32			(28	)		38

Total OTTI on non-agency mortgage-backed securities recognized in net income		(18	)		(5	)		(39	)		(11	)

Net securities gains/(losses)	$	(2	)	$	219		$	(2	)	$	216

(1)	A negative balance is the result of additional credit losses currently recognized in earnings that were previously recognized in other comprehensive income.

Schedule of Credit Losses on Other-Than-Temporarily Impaired Non-Agency Mortgage-Backed Securities where Portion of Unrealized Loss was Recognized In Other Comprehensive Income


	Three Months Ended June 30,					Six Months Ended June 30,
	2011			2010		2011			2010
	(Dollars in millions)
Balance at beginning of period	$	51		$	8	$	30		$	2
Credit losses on securities not previously considered other-than-temporarily impaired		—			1		—			2
Credit losses on securities for which OTTI was previously recognized		18			4		39			9
Reductions for securities sold/settled during the period		(6	)		—		(6	)		—

Balance at end of period	$	63		$	13	$	63		$	13

Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity


	June 30, 2011
	Available for Sale				Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(Dollars in millions)
Due in one year or less	$	43	$	43	$	—	$	—
Due after one year through five years		59		63		—		—
Due after five years through ten years		633		650		—		—
Due after ten years		18,284		18,458		8,552		8,605

Total debt securities		19,019		19,214		8,552		8,605
Total securities with no stated maturity		195		195		—		—

Total securities	$	19,214	$	19,409	$	8,552	$	8,605

Gross Unrealized Losses and Fair Values of Investments by Investment Category and Length of Time


	June 30, 2011
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities available for sale:
Mortgage-backed securities issued by GSE	$	10,312	$	107	$	—	$	—	$	10,312	$	107
States and political subdivisions		258		7		655		114		913		121
Non-agency mortgage-backed securities		—		—		424		97		424		97
Other securities		1		—		—		—		1		—
Covered securities		49		4		—		—		49		4

Total	$	10,620	$	118	$	1,079	$	211	$	11,699	$	329

	June 30, 2011
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities held to maturity:
States and political subdivisions	$	32	$	—	$	—	$	—	$	32	$	—
Other securities		59		1		—		—		59		1

Total	$	91	$	1	$	—	$	—	$	91	$	1


	December 31, 2010
	Less than 12 months				12 months or more				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(Dollars in millions)
Securities available for sale:
GSE securities	$	50	$	—	$	—	$	—	$	50	$	—
Mortgage-backed securities issued by GSE		15,438		361		—		—		15,438		361
States and political subdivisions		694		21		735		140		1,429		161
Non-agency mortgage-backed securities		—		—		506		120		506		120
Other securities		535		2		2		—		537		2
Covered securities		79		2		—		—		79		2

Total	$	16,796	$	386	$	1,243	$	260	$	18,039	$	646

Schedule of Non-Investment Grade Securities with Significant Unrealized Losses


	June 30, 2011
	Amortized Cost		Fair Value		Unrealized Loss			Credit Loss Recognized
	(Dollars in millions)
Security
RMBS 1	$	91	$	59	$	(32	)	$	(10	)
RMBS 2		118		100		(18	)		(25	)
RMBS 3		102		88		(14	)		(3	)

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 21
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 12
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 5
-Section M

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SAB TOPIC 5.M)
-URI http://asc.fasb.org/extlink&oid=6784337&loc=d3e87990-122713

+ Details

- Definition

Tabular disclosure of all investments in certain debt and equity securities for which the entity has the positive intent and ability to hold until maturity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Paragraph 7
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-Name Accounting Standards Codification
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-Topic 320
-SubTopic 10
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-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563

+ Details

- Definition

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

+ References + Details

Loans and Leases (Tables)

6 Months Ended

Jun. 30, 2011

Loans and Leases

Breakdown of Loan Portfolio


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Loans and leases, net of unearned income:
Commercial:
Commercial and industrial	$	34,166	$	34,050
Commercial real estate—other		11,134		11,439
Commercial real estate—residential ADC (1)		2,689		3,397
Direct retail lending		13,679		13,749
Sales finance		7,236		7,050
Revolving credit		2,091		2,127
Residential mortgage		18,372		17,550
Specialized lending		8,464		7,953
Other acquired		50		58

Total loans and leases held for investment (excluding covered loans)		97,881		97,373
Covered		5,504		6,194

Total loans and leases held for investment		103,385		103,567
Loans held for sale		1,965		3,697

Total loans and leases	$	105,350	$	107,264

(1)	Commercial real estate—residential ADC represents residential acquisition, development and construction loans.

Carrying Value of Purchased Impaired and Nonimpaired Loans


	June 30, 2011									December 31, 2010
	Purchased Impaired Loans			Purchased Nonimpaired Loans			Total			Purchased Impaired Loans			Purchased Nonimpaired Loans			Total
	(Dollars in millions)
Residential mortgage	$	700		$	678		$	1,378		$	733		$	713		$	1,446
Commercial real estate		1,728			1,826			3,554			2,031			1,982			4,013
Commercial		89			483			572			91			644			735

Total covered		2,517			2,987			5,504			2,855			3,339			6,194
Other acquired		2			48			50			3			55			58

Total		2,519			3,035			5,554			2,858			3,394			6,252

Allowance for loan losses		(114	)		(45	)		(159	)		(90	)		(54	)		(144	)

Net	$	2,405		$	2,990		$	5,395		$	2,768		$	3,340		$	6,108

Carrying Amount and Accretable Yield for Purchased Impaired and Nonimpaired Loans


	June 30, 2011												December 31, 2010
	Purchased Impaired						Purchased Nonimpaired						Purchased Impaired						Purchased Nonimpaired
	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
	(Dollars in millions)
Balance at beginning of period	$	835		$	2,858		$	1,611		$	3,394		$	889		$	3,666		$	1,301		$	4,476
Additions		—			—			—			—			—			—			—			—
Accretion		(187	)		187			(355	)		355			(459	)		459			(483	)		483
Reclassifications from nonaccretable balance, net		135			—			475			—			405			—			793			—
Payments received, net		—			(526	)		—			(714	)		—			(1,267	)		—			(1,565	)

Balance at end of period	$	783		$	2,519		$	1,731		$	3,035		$	835		$	2,858		$	1,611		$	3,394

Nonperforming and Past Due Loans


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Nonaccrual loans and leases:
Held for investment (1)	$	2,061	$	2,149
Held for sale		116		521

Total nonaccrual loans and leases (1)		2,177		2,670

Foreclosed real estate (2)		1,147		1,259
Other foreclosed property		29		42

Total foreclosed property (2)		1,176		1,301

Total nonperforming assets (excluding covered assets) (1)(2)	$	3,353	$	3,971

Loans 90 days or more past due and still accruing (excluding covered loans) (3)(4)(5)	$	203	$	295

(1)	Covered and other acquired loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due 90 days or more and still accruing are noted below.

(2)	Excludes foreclosed real estate totaling $348 million and $313 million as of June 30, 2011 and December 31, 2010, respectively, that is covered by FDIC loss sharing agreements.

(3)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase totaling $389 million and $425 million as of June 30, 2011 and December 31, 2010, respectively.

(4)	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $935 million and $1.1 billion as of June 30, 2011 and December 31, 2010, respectively.

(5)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $162 million and $153 million as of June 30, 2011 and December 31, 2010, respectively.

Schedule of Performing Restructurings


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Performing restructurings:
Commercial:
Commercial and industrial	$	100	$	205
Commercial real estate—other		153		280
Commercial real estate—residential ADC		105		172
Direct retail lending		143		141
Sales finance		6		5
Revolving credit		62		62
Residential mortgage (1)(2)		570		585
Specialized lending		39		26

Total performing restructurings (1)(2)		1,178		1,476
Nonperforming restructurings (3)(4)		381		479

Total restructurings (1)(2)(3)(4)(5)	$	1,559	$	1,955

(1)	Excludes restructured mortgage loans held for investment that are government guaranteed totaling $160 million and $115 million at June 30, 2011 and December 31, 2010, respectively.

(2)	Excludes restructured mortgage loans held for sale that are government guaranteed totaling $24 million and $14 million at June 30, 2011 and December 31, 2010, respectively.

(3)	Nonperforming restructurings are included in nonaccrual loan disclosures.

(4)	Includes approximately $20 million and $110 million of nonperforming restructurings included in loans held for sale at June 30, 2011 and December 31, 2010, respectively.

(5)	All restructurings are considered impaired. The allowance for loan and lease losses attributable to these restructured loans totaled $321 million and $324 million at June 30, 2011 and December 31, 2010, respectively.

- Definition

The entire disclosure for certain contractual rights to receive money on demand or on fixed or determinable dates with evidence of deterioration of credit quality since origination that were acquired by completion of a transfer for which it is probable, at acquisition, that the investor will be unable to collect all contractually required payments receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 03-3
-Paragraph 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 03-3
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 03-3
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

+ Details

Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2011

Allowance for Credit Losses

Analysis of the Allowance for Credit Losses


	Three Months Ended June 30, 2011
	Beginning Balance		Charge- Offs			Recoveries		Provision			Ending Balance
	(Dollars in millions)
Commercial:
Commercial and industrial	$	535	$	(62	)	$	9	$	(8	)	$	474
Commercial real estate—other		497		(81	)		6		40			462
Commercial real estate—residential ADC		421		(78	)		7		32			382
Specialized lending		18		(2	)		1		(4	)		13

Retail:
Direct retail lending		245		(66	)		8		46			233
Revolving credit		105		(24	)		5		17			103
Residential mortgage		328		(129	)		1		147			347
Sales finance		43		(7	)		3		3			42
Specialized lending		175		(41	)		6		31			171
Covered and other acquired		144		—			—		15			159
Unallocated		130		—			—		—			130

Allowance for loan and lease losses		2,641		(490	)		46		319			2,516
Reserve for unfunded lending commitments		50		—			—		9			59

Allowance for credit losses	$	2,691	$	(490	)	$	46	$	328		$	2,575


	Six Months Ended June 30, 2011
	Beginning Balance		Charge- Offs			Recoveries		Provision			Ending Balance
	(Dollars in millions)
Commercial:
Commercial and industrial	$	621	$	(140	)	$	13	$	(20	)	$	474
Commercial real estate—other		446		(149	)		9		156			462
Commercial real estate—residential ADC		469		(149	)		11		51			382
Specialized lending		21		(4	)		2		(6	)		13

Retail:
Direct retail lending		246		(144	)		17		114			233
Revolving credit		109		(51	)		10		35			103
Residential mortgage		298		(183	)		2		230			347
Sales finance		47		(17	)		5		7			42
Specialized lending		177		(91	)		11		74			171
Covered and other acquired		144		—			—		15			159
Unallocated		130		—			—		—			130

Allowance for loan and lease losses		2,708		(928	)		80		656			2,516
Reserve for unfunded lending commitments		47		—			—		12			59

Allowance for credit losses	$	2,755	$	(928	)	$	80	$	668		$	2,575

An analysis of the allowance for credit losses for the three and six months ended June 30, 2010 is presented in the following tables:


	Three Months Ended June 30, 2010			Six Months Ended June 30, 2010
	(Dollars in millions)
Beginning balance	$	2,759		$	2,672
Provision for credit losses		650			1,225
Loans and leases charged-off		(671	)		(1,180	)
Recoveries of previous charge-offs		29			63

Net loans and leases charged-off		(642	)		(1,117	)

Other changes, net		(14	)		(27	)

Ending balance	$	2,753		$	2,753

Allowance for loan and lease losses	$	2,723		$	2,723
Reserve for unfunded lending commitments		30			30

Allowance for credit losses	$	2,753		$	2,753

Breakdown of Allowance for Loan and Lease Losses Based on Method for Determining Allowance


	June 30, 2011
	Allowance for Loan and Lease Losses
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	108	$	366	$	—	$	474
Commercial real estate—other		93		369		—		462
Commercial real estate—residential ADC		82		300		—		382
Specialized lending		1		12		—		13

Retail:
Direct retail lending		32		201		—		233
Revolving credit		26		77		—		103
Residential mortgage		148		199		—		347
Sales finance		1		41		—		42
Specialized lending		17		154		—		171
Covered and other acquired		—		45		114		159
Unallocated		—		130		—		130

Total	$	508	$	1,894	$	114	$	2,516


	December 31, 2010
	Allowance for Loan and Lease Losses
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	96	$	525	$	—	$	621
Commercial real estate—other		63		383		—		446
Commercial real estate—residential ADC		75		394		—		469
Specialized lending		1		20		—		21

Retail:
Direct retail lending		26		220		—		246
Revolving credit		25		84		—		109
Residential mortgage		167		131		—		298
Sales finance		1		46		—		47
Specialized lending		2		175		—		177
Covered and other acquired		—		54		90		144
Unallocated		—		130		—		130

Total	$	456	$	2,162	$	90	$	2,708

Breakdown of Recorded Investment in Loans Based on Method for Determining Allowance


	June 30, 2011
	Loans and Leases
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	711	$	33,455	$	—	$	34,166
Commercial real estate—other		620		10,514		—		11,134
Commercial real estate—residential ADC		565		2,124		—		2,689
Specialized lending		6		3,616		—		3,622

Retail:
Direct retail lending		174		13,505		—		13,679
Revolving credit		62		2,029		—		2,091
Residential mortgage		796		17,576		—		18,372
Sales finance		7		7,229		—		7,236
Specialized lending		38		4,804		—		4,842
Covered and other acquired		—		3,035		2,519		5,554

Total	$	2,979	$	97,887	$	2,519	$	103,385


	December 31, 2010
	Loans and Leases
	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Loans Acquired With Deteriorated Credit Quality		Total
	(Dollars in millions)
Commercial:
Commercial and industrial	$	708	$	33,342	$	—	$	34,050
Commercial real estate—other		691		10,748		—		11,439
Commercial real estate—residential ADC		684		2,713		—		3,397
Specialized lending		4		3,399		—		3,403

Retail:
Direct retail lending		177		13,572		—		13,749
Revolving credit		62		2,065		—		2,127
Residential mortgage		803		16,747		—		17,550
Sales finance		5		7,045		—		7,050
Specialized lending		24		4,526		—		4,550
Covered and other acquired		—		3,394		2,858		6,252

Total	$	3,158	$	97,551	$	2,858	$	103,567

Schedule of Commercial Credit Exposure Credit Risk Profile by Internal Loan Risk Rating


	June 30, 2011
	Commercial
	Commercial & Industrial		Commercial Real Estate -Other		Commercial Real Estate- Residential ADC		Specialized Lending
	(Dollars in millions)
Investment grade	$	8,212	$	783	$	45	$	2,100
Near investment grade		17,095		4,493		385		868
Noninvestment grade—performing		8,248		5,391		1,799		643
Noninvestment grade—nonperforming (1)		611		467		460		11

Total (1)	$	34,166	$	11,134	$	2,689	$	3,622


	December 31, 2010
	Commercial
	Commercial & Industrial		Commercial Real Estate- Other		Commercial Real Estate- Residential ADC		Specialized Lending
	(Dollars in millions)
Investment grade	$	8,358	$	687	$	35	$	2,070
Near investment grade		16,637		4,618		512		756
Noninvestment grade—performing		8,547		5,729		2,337		566
Noninvestment grade—nonperforming (1)		508		405		513		11

Total (1)	$	34,050	$	11,439	$	3,397	$	3,403

(1)	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.

Schedule of Retail Credit Exposure Credit Risk Profile Based on Payment Activity


	June 30, 2011
	Retail
	Direct Retail Lending		Revolving Credit		Residential Mortgage		Sales Finance		Specialized Lending
	(Dollars in millions)
Performing	$	13,507	$	2,091	$	18,080	$	7,229	$	4,801
Nonperforming		172		—		292		7		41

Total	$	13,679	$	2,091	$	18,372	$	7,236	$	4,842


	December 31, 2010
	Retail
	Direct Retail Lending		Revolving Credit		Residential Mortgage		Sales Finance		Specialized Lending
	(Dollars in millions)
Performing	$	13,558	$	2,127	$	17,084	$	7,044	$	4,501
Nonperforming		191		—		466		6		49

Total	$	13,749	$	2,127	$	17,550	$	7,050	$	4,550

Aging Analysis of Past Due Loans and Leases


	June 30, 2011
	Loans and Leases Excluding Covered (1)
	Accruing Loans and Leases
	Current		30-89 Days Past Due		90 Days Or More Past Due		Nonaccrual Loans And Leases (2)		Total Loans And Leases, Excluding Covered Loans
	(Dollars in millions)
Commercial:
Commercial and industrial	$	33,479	$	72	$	4	$	611	$	34,166
Commercial real estate—other		10,628		35		4		467		11,134
Commercial real estate—residential ADC		2,204		25		—		460		2,689
Specialized lending		3,587		17		7		11		3,622

Retail:
Direct retail lending		13,294		154		59		172		13,679
Revolving credit		2,053		22		16		—		2,091
Residential mortgage (3)		17,324		504		252		292		18,372
Sales finance		7,140		68		21		7		7,236
Specialized lending		4,620		181		—		41		4,842
Other acquired		48		—		2		—		50

Total (2)(3)	$	94,377	$	1,078	$	365	$	2,061	$	97,881


	December 31, 2010
	Loans and Leases Excluding Covered (1)
	Accruing Loans and Leases
	Current		30-89 Days Past Due		90 Days Or More Past Due		Nonaccrual Loans And Leases (2)		Total Loans And Leases, Excluding Covered Loans
	(Dollars in millions)
Commercial:
Commercial and industrial	$	33,371	$	163	$	8	$	508	$	34,050
Commercial real estate—other		10,962		68		4		405		11,439
Commercial real estate—residential ADC		2,792		84		8		513		3,397
Specialized lending		3,358		29		5		11		3,403

Retail:
Direct retail lending		13,293		189		76		191		13,749
Revolving credit		2,079		28		20		—		2,127
Residential mortgage (3)		16,173		615		296		466		17,550
Sales finance		6,922		95		27		6		7,050
Specialized lending		4,281		219		1		49		4,550
Other acquired		54		1		3		—		58

Total (2)(3)	$	93,285	$	1,491	$	448	$	2,149	$	97,373

(1)	Covered loans have been excluded from this aging analysis because they are covered by FDIC loss sharing agreements, and their related allowance is determined by loan pool performance due to the application of the accretion method.

(2)	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.

(3)	Residential mortgage loans include $78 million and $83 million in government guaranteed loans past due 30-89 days, and $162 million and $153 million in government guaranteed loans past due greater than 90 days as of June 30, 2011 and December 31, 2010, respectively.

Schedule of Information Regarding Impaired Loans


	June 30, 2011
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
	(Dollars in millions)
With No Related Allowance Recorded:
Commercial:
Commercial and industrial	$	163	$	237	$	—	$	147	$	—
Commercial real estate—other		143		194		—		141		—
Commercial real estate—residential ADC		181		317		—		206		—
Specialized lending		—		—		—		—		—

Retail:
Direct retail lending		24		82		—		27		—
Residential mortgage (1)		25		50		—		27		—
Sales finance		1		1		—		2		—
Specialized lending		2		4		—		6		—

With An Allowance Recorded:
Commercial:
Commercial and industrial		548		581		108		445		2
Commercial real estate—other		477		519		93		438		4
Commercial real estate—residential ADC		384		418		82		317		2
Specialized lending		6		6		1		3		—

Retail:
Direct retail lending		150		159		32		138		4
Revolving credit		62		61		26		61		1
Residential mortgage (1)		611		626		133		594		14
Sales finance		6		7		1		4		—
Specialized lending		36		38		17		22		1

Total (1)	$	2,819	$	3,300	$	493	$	2,578	$	28


	December 31, 2010
	Recorded Investment		Unpaid Principal Balance		Related Allowance
	(Dollars in millions)
With No Related Allowance Recorded:
Commercial:
Commercial and industrial	$	196	$	267	$	—
Commercial real estate—other		175		246		—
Commercial real estate—residential ADC		200		300		—

Retail:
Direct retail lending		22		69		—
Residential mortgage (1)		25		50		—

With An Allowance Recorded:
Commercial:
Commercial and industrial		512		534		96
Commercial real estate—other		516		565		63
Commercial real estate—residential ADC		484		556		75
Specialized lending		4		4		1

Retail:
Direct retail lending		155		161		26
Revolving credit		62		61		25
Residential mortgage (1)		663		690		153
Sales finance		5		5		1
Specialized lending		24		24		2

Total (1)	$	3,043	$	3,532	$	442

(1)	Residential mortgage loans exclude $160 million and $115 million in government guaranteed loans and related allowance of $15 million and $14 million as of June 30, 2011 and December 31, 2010, respectively.

Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets

Goodwill Activity by Operating Segment


	Community Banking		Residential Mortgage Banking		Sales Finance		Specialized Lending		Insurance Services		Financial Services		All Other		Total
	(Dollars in millions)
Balance, January 1, 2011	$	4,519	$	7	$	93	$	104	$	1,067	$	192	$	26	$	6,008
Contingent consideration		—		—		—		—		8		—		—		8

Balance, June 30, 2011	$	4,519	$	7	$	93	$	104	$	1,075	$	192	$	26	$	6,016

Identifiable Intangible Assets


	June 30, 2011							December 31, 2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Dollars in millions)
Identifiable intangible assets:
Core deposit intangibles	$	626	$	(462	)	$	164	$	626	$	(438	)	$	188
Other (1)		752		(459	)		293		752		(432	)		320

Totals	$	1,378	$	(921	)	$	457	$	1,378	$	(870	)	$	508

(1)	Other identifiable intangibles are primarily customer relationship intangibles.

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details

Loan Servicing (Tables)

6 Months Ended

Jun. 30, 2011

Loan Servicing

Summary of Residential Mortgage Loans Managed or Securitized and Related Delinquencies and Net Charge-Offs


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Mortgage loans managed or securitized (1)	$	22,963	$	23,692
Less: Loans securitized and transferred to securities available for sale		4		4
Loans held for sale		1,745		3,068
Covered mortgage loans		1,378		1,446
Mortgage loans sold with recourse		1,464		1,624

Mortgage loans held for investment	$	18,372	$	17,550

Mortgage loans on nonaccrual status (2)	$	292	$	466
Mortgage loans 90 days past due and still accruing interest (2)		90		143
Mortgage loans net charge-offs (3)		181		390

(1)	Balances exclude loans serviced for others, with no other continuing involvement.

(2)	Includes amounts related to residential mortgage loans held for sale and excludes amounts related to government guaranteed loans. Refer to Note 3 for additional disclosures related to past due government guaranteed loans.

(3)	Net charge-offs for June 30, 2011 reflect six months.

Schedule of Residential Mortgage Servicing Assets


	Residential Mortgage Servicing Rights Six Months Ended June 30,
	2011			2010
	(Dollars in millions)
Carrying value, January 1,	$	830		$	832
Additions		126			122
Increase (decrease) in fair value:
Due to changes in valuation inputs or assumptions		(20	)		(227	)
Other changes (1)		(57	)		(62	)

Carrying value, June 30,	$	879		$	665

(1)	Represents the realization of expected net servicing cash flows, expected borrower payments and the passage of time.

Schedule of Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets, or Servicing Liabilities [Text Block]


	Residential Mortgage Servicing Rights June 30, 2011
	(Dollars in millions)
Fair value of residential mortgage servicing rights	$	879
Composition of residential loans serviced for others:
Fixed-rate mortgage loans		99	%
Adjustable-rate mortgage loans		1

Total		100	%

Weighted average life		5.9	yrs

Prepayment speed		11.7	%
Effect on fair value of a 10% increase	$	(37	)
Effect on fair value of a 20% increase		(70	)

Weighted average discount rate		10.3	%
Effect on fair value of a 10% increase	$	(36	)
Effect on fair value of a 20% increase		(68	)

Schedule of Commercial Mortgage Servicing Rights


	Commercial Mortgage Servicing Rights Six Months Ended June 30,
	2011			2010
	(Dollars in millions)
Carrying value, January 1,	$	103		$	101
Additions		15			8
Amortization expense		(11	)		(9	)

Carrying value, June 30,	$	107		$	100

Schedule of Commercial Mortgage Servicing Rights Sensitivity


	Commercial Mortgage Servicing Rights June 30, 2011
	(Dollars in millions)
Fair value of commercial mortgage servicing rights	$	124
Weighted average life		7.1	yrs
Prepayment speed		0.0	%
Weighted average discount rate		12.3	%
Effect on fair value of a 10% increase	$	(4	)
Effect on fair value of a 20% increase		(8	)

- Definition

Tabular disclosure of the activity in the balance of servicing assets subsequently measured at amortized value (including a description of where changes in carrying value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (through purchases of servicing assets and servicing assets that result from transfers of financial assets), disposals, amortization, application of valuation allowances, other-than-temporary impairments, and other changes that affect the balance along with a description of those changes.

+ References + Details

- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

+ References + Details

Deposits (Tables)

6 Months Ended

Jun. 30, 2011

Deposits

Summary of Deposits Disclosure


	June 30, 2011		December 31, 2010
	(Dollars in millions)
Noninterest-bearing deposits	$	22,507	$	20,637
Interest checking		3,733		4,050
Other client deposits		56,921		54,040
Client certificates of deposit		20,399		21,317
Other interest-bearing deposits		4,504		7,169

Total deposits	$	108,064	$	107,213

Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2011

Long-Term Debt

Schedule of Long-Term Debt


	June 30, 2011		December 31, 2010
	(Dollars in millions)
BB&T Corporation
3.10% Senior Notes Due 2011	$	250	$	250
3.85% Senior Notes Due 2012		1,000		1,000
3.38% Senior Notes Due 2013		500		500
5.70% Senior Notes Due 2014		509		510
2.05% Senior Notes Due 2014 (1)		700		—
Floating Rate Senior Notes Due 2014 (2)		300		—
3.95% Senior Notes Due 2016		499		499
3.20% Senior Notes Due 2016 (1)		999		—
6.85% Senior Notes Due 2019 (1)		538		538
6.50% Subordinated Notes Due 2011 (3)		611		610
4.75% Subordinated Notes Due 2012 (3)		490		490
5.20% Subordinated Notes Due 2015 (3)		932		932
4.90% Subordinated Notes Due 2017 (1)(3)		341		339
5.25% Subordinated Notes Due 2019 (1)(3)		586		586

Branch Bank
Floating Rate Subordinated Notes Due 2016 (3)(4)		350		350
Floating Rate Subordinated Notes Due 2017 (3)(4)		261		261
4.875% Subordinated Notes Due 2013 (3)		222		222
5.625% Subordinated Notes Due 2016 (1)(3)		386		386

Federal Home Loan Bank Advances to Branch Bank (5)
Varying maturities to 2034		9,889		10,243

Junior Subordinated Debt to Unconsolidated Trusts (6)		3,270		3,269
Other Long-Term Debt		108		123
Fair value hedge-related basis adjustments		639		622

Total Long-Term Debt	$	23,380	$	21,730

(1)	These fixed rate notes were swapped to floating rates based on LIBOR. At June 30, 2011, the effective rates paid on these borrowings ranged from 0.94% to 3.69%.

(2)	These floating-rate senior notes are based on LIBOR and had an effective rate of 0.97% at June 30, 2011.

(3)	Subordinated notes that qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.

(4)	These floating-rate securities are based on LIBOR, but the majority of the cash flows have been swapped to a fixed rate. The effective rate paid on these securities including the effect of cash flow hedges was 3.25% at June 30, 2011.

(5)	Certain of these advances have been swapped to floating rates from fixed rates and from fixed rates to floating rates. At June 30, 2011, the weighted average rate paid on these advances including the effect of hedges was 3.70%, and the weighted average maturity was 6.0 years.

(6)	Securities that qualify under the risk-based capital guidelines as Tier 1 capital, subject to certain limitations. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for additional information.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2011

Shareholders' Equity

Schedule of Assumptions Used to Calculate Fair Value of Options Granted


	June 30,
	2011			2010
Assumptions:
Risk-free interest rate		1.7	%		2.0	%
Dividend yield		3.5			5.4
Volatility factor		37.2			36.0
Expected life		7.4	yrs		7.2	yrs
Fair value of options per share	$	7.45		$	5.60

Stock Options Activity Roll Forward


	Six Months Ended June 30, 2011
	Options			Wtd. Avg. Exercise Price
Outstanding at beginning of period		44,690,131		$	35.06
Granted		3,755,975			27.73
Exercised		(33,198	)		17.89
Forfeited or expired		(2,609,000	)		36.30

Outstanding at end of period		45,803,908			34.40

Exercisable at end of period		34,303,021		$	36.38

Restricted Shares and Restricted Share Units Activity Roll Forward


	Six Months Ended June 30, 2011
	Shares/Units			Wtd. Avg. Grant Date Fair Value
Nonvested at beginning of period		13,283,786		$	20.06
Granted		2,554,528			24.15
Vested		(1,803,878	)		29.99
Forfeited		(325,913	)		21.43

Nonvested at end of period		13,708,523		$	19.48

Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2011

Accumulated Other Comprehensive Income (Loss)

Balances in Accumulated Other Comprehensive Income (Loss)


	June 30, 2011									December 31, 2010
	Pre-Tax Amount			Deferred Tax Expense (Benefit)			After- Tax Amount			Pre-Tax Amount			Deferred Tax Expense (Benefit)			After- Tax Amount
	(Dollars in millions)
Unrecognized net pension and postretirement costs	$	(572	)	$	(213	)	$	(359	)	$	(587	)	$	(219	)	$	(368	)
Unrealized net gains (losses) on cash flow hedges		(142	)		(53	)		(89	)		(75	)		(28	)		(47	)
Unrealized net gains (losses) on securities available for sale		195			73			122			(250	)		(93	)		(157	)
Unrealized net gains (losses) on securities held to maturity (1)		(34	)		(13	)		(21	)		—			—			—
FDIC's share of unrealized (gains) losses on securities available for sale under the loss share agreements (2)		(365	)		(136	)		(229	)		(281	)		(105	)		(176	)
Foreign currency translation adjustment		(6	)		(8	)		2			(6	)		(7	)		1

Total	$	(924	)	$	(350	)	$	(574	)	$	(1,199	)	$	(452	)	$	(747	)

(1)	Represents unrealized losses on certain available for sale securities that were transferred to held to maturity classification. These losses are being amortized and recognized in net income over the remaining expected life of the underlying securities.

(2)

Components of Total Comprehensive Income


	Three Months Ended June 30, 2011
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	418		$	91		$	327
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		277			103			174
Reclassification adjustment for (gains) losses on securities available for sale included in net income		2			1			1
Net change in amounts attributable to the FDIC under the loss share agreements		7			3			4
Net change in unrecognized gains (losses) on cash flow hedges		(82	)		(31	)		(51	)
Net change in foreign currency translation adjustment		—			—			—
Net change in pension and postretirement liability		7			3			4

Total comprehensive income	$	629		$	170		$	459


	Three Months Ended June 30, 2010
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	249		$	25		$	224
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		551			209			342
Reclassification adjustment for (gains) losses on securities available for sale included in net income		(219	)		(83	)		(136	)
Net change in amounts attributable to the FDIC under the loss share agreements		(82	)		(31	)		(51	)
Net change in unrecognized gains (losses) on cash flow hedges		(145	)		(55	)		(90	)
Net change in foreign currency translation adjustment		(1	)		1			(2	)
Net change in pension and postretirement liability		(13	)		(5	)		(8	)

Total comprehensive income	$	340		$	61		$	279


	Six Months Ended June 30, 2011
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	705		$	144		$	561
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		409			152			257
Reclassification adjustment for (gains) losses on securities available for sale included in net income		2			1			1
Net change in amounts attributable to the FDIC under the loss share agreements		(84	)		(31	)		(53	)
Net change in unrecognized gains (losses) on cash flow hedges		(67	)		(25	)		(42	)
Net change in foreign currency translation adjustment		—			(1	)		1
Net change in pension and postretirement liability		15			6			9

Total comprehensive income	$	980		$	246		$	734


	Six Months Ended June 30, 2010
	Pre-Tax			Tax Effect			After-Tax
	(Dollars in millions)
Comprehensive income:
Net income	$	491		$	73		$	418
Other comprehensive income:
Unrealized net holding gains (losses) arising during the period on securities available for sale		855			325			530
Reclassification adjustment for (gains) losses on securities available for sale included in net income		(216	)		(82	)		(134	)
Net change in amounts attributable to the FDIC under the loss share agreements		(126	)		(48	)		(78	)
Net change in unrecognized gains (losses) on cash flow hedges		(215	)		(82	)		(133	)
Net change in foreign currency translation adjustment		(1	)		—			(1	)
Net change in pension and postretirement liability		(7	)		(3	)		(4	)

Total comprehensive income	$	781		$	183		$	598

Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2011

Benefit Plans

Summary of the Components of Net Periodic Benefit Cost Recognized for Pension Plans


	Pension Plans
	Qualified						Nonqualified
	Three Months Ended June 30,						Three Months Ended June 30,
	2011			2010			2011		2010
	(Dollars in millions)
Service cost	$	27		$	20		$	1	$	1
Interest cost		23			21			3		2
Estimated return on plan assets		(49	)		(45	)		—		—
Amortization and other		6			6			1		—

Net periodic benefit cost	$	7		$	2		$	5	$	3


	Pension Plans
	Qualified						Nonqualified
	Six Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011		2010
	(Dollars in millions)
Service cost	$	53		$	40		$	3	$	2
Interest cost		46			42			5		4
Estimated return on plan assets		(98	)		(89	)		—		—
Amortization and other		13			11			2		1

Net periodic benefit cost	$	14		$	4		$	10	$	7

Fair Value Disclosures (Tables)

6 Months Ended

Jun. 30, 2011

Fair Value Disclosures

Schedule of Assets and Liabilities Measured at Fair Value


			Fair Value Measurements for Assets and Liabilities Measured on a Recurring Basis
	6/30/2011		Level 1		Level 2		Level 3
			(Dollars in millions)
Assets:
Trading securities	$	564	$	204	$	359	$	1
Securities available for sale:
GSE securities		78		—		78		—
Mortgage-backed securities issued by GSE		15,231		—		15,231		—
States and political subdivisions		1,822		—		1,822		—
Non-agency mortgage-backed securities		424		—		424		—
Other securities		197		194		3		—
Covered securities		1,657		—		594		1,063
Loans held for sale (1)		1,849		—		1,849		—
Residential mortgage servicing rights		879		—		—		879
Derivative assets: (2)
Interest rate contracts		936		—		923		13
Foreign exchange contracts		4		—		4		—
Venture capital and similar investments (2)(3)		247		—		—		247

Total assets (1)	$	23,888	$	398	$	21,287	$	2,203

Liabilities:
Derivative liabilities: (2)
Interest rate contracts	$	966	$	1	$	955	$	10
Foreign exchange contracts		3		—		3		—
Short-term borrowed funds (4)		268		—		268		—

Total liabilities	$	1,237	$	1	$	1,226	$	10


			Fair Value Measurements for Assets and Liabilities Measured on a Recurring Basis
	12/31/2010		Level 1		Level 2		Level 3
			(Dollars in millions)
Assets:
Trading securities	$	633	$	276	$	346	$	11
Securities available for sale:
GSE securities		103		—		103		—
Mortgage-backed securities issued by GSE		18,344		—		18,344		—
States and political subdivisions		1,909		—		1,790		119
Non-agency mortgage-backed securities		515		—		515		—
Other securities		759		147		605		7
Covered securities		1,539		—		585		954
Loans held for sale (1)		3,176		—		3,176		—
Residential mortgage servicing rights		830		—		—		830
Derivative assets: (2)
Interest rate contracts		926		1		913		12
Foreign exchange contracts		7		—		7		—
Venture capital and similar investments (2)(3)		266		—		—		266

Total assets (1)	$	29,007	$	424	$	26,384	$	2,199

Liabilities:
Derivative liabilities: (2)
Interest rate contracts	$	996	$	10	$	949	$	37
Foreign exchange contracts		6		—		6		—
Short-term borrowed funds (4)		233		—		233		—

Total liabilities	$	1,235	$	10	$	1,188	$	37

(1)	Excludes loans held for sale carried at the lower of cost or market.

(2)	These amounts are reflected in other assets and other liabilities on the Consolidated Balance Sheets.

(3)	Based on an analysis of the nature and risks of these investments, BB&T has determined that presenting these investments as a single class is appropriate.

(4)	Short-term borrowed funds reflect securities sold short positions.

Roll Forward of Level 3 Assets and Liabilities


	Fair Value Measurements Using Significant Unobservable Inputs
Three Months Ended June 30, 2011	Trading			States & Political Subdivisions			Other Securities		Covered Securities			Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at April 1, 2011	$	1		$	52		$	—	$	1,059		$	928		$	7		$	272
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—		8			—			—			—
Mortgage banking income		—			—			—		—			(89	)		43			—
Other noninterest income		—			—			—		—			—			—			7
Included in other comprehensive income (loss)		—			—			—		(4	)		—			—			—
Purchases		2			—			—		—			—			—			7
Issuances		—			—			—		—			40			10			—
Sales		(9	)		—			—		—			—			—			(30	)
Settlements		7			(52	)		—		—			—			(57	)		(6	)
Transfers into Level 3		—			—			—		—			—			—			1
Transfers out of Level 3		—			—			—		—			—			—			(4	)

Balance at June 30, 2011	$	1		$	—		$	—	$	1,063		$	879		$	3		$	247

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2011	$	—		$	—		$	—	$	8		$	(60	)	$	3		$	5


	Fair Value Measurements Using Significant Unobservable Inputs
Three Months Ended June 30, 2010	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives		Venture Capital and Similar Investments
	(Dollars in millions)
Balance at April 1, 2010	$	19		$	201		$	9		$	726	$	875		$	1	$	261
Total realized and unrealized gains or losses:
Included in earnings:
Interest Income		—			—			—			18		—			—		—
Mortgage banking income		—			—			—			—		(263	)		36		—
Other noninterest income		—			—			—			—		—			—		6
Included in other comprehensive income (loss)		—			(2	)		(1	)		74		—			—		—
Purchases, issuances and settlements		(8	)		(46	)		—			—		53			11		5
Transfers into Level 3		—			—			—			—		—			—		—
Transfers out of Level 3		—			(17	)		—			—		—			—		—

Balance at June 30, 2010	$	11		$	136		$	8		$	818	$	665		$	48	$	272

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2010	$	—		$	—		$	—		$	18	$	(232	)	$	48	$	4


	Fair Value Measurements Using Significant Unobservable Inputs
Six Months Ended June 30, 2011	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at January 1, 2011	$	11		$	119		$	7		$	954	$	830		$	(25	)	$	266
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—			26		—			—			—
Mortgage banking income		—			—			—			—		(77	)		26			—
Other noninterest income		(3	)		—			—			—		—			—			15
Included in other comprehensive income (loss)		—			(9	)		(1	)		83		—			—			—
Purchases		2			—			—			—		—			—			12
Issuances		—			—			—			—		126			21			—
Sales		(9	)		—			—			—		—			—			(36	)
Settlements		—			(53	)		(1	)		—		—			(19	)		(7	)
Transfers into Level 3		—			—			—			—		—			—			1
Transfers out of Level 3		—			(57	)		(5	)		—		—			—			(4	)

Balance at June 30, 2011	$	1		$	—		$	—		$	1,063	$	879		$	3		$	247

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2011	$	—		$	—		$	—		$	26	$	(20	)	$	3		$	12


	Fair Value Measurements Using Significant Unobservable Inputs
Six Months Ended June 30, 2010	Trading			States & Political Subdivisions			Other Securities			Covered Securities		Mortgage Servicing Rights			Net Derivatives			Venture Capital and Similar Investments
	(Dollars in millions)
Balance at January 1, 2010	$	93		$	210		$	9		$	668	$	832		$	(20	)	$	281
Total realized and unrealized gains or losses:
Included in earnings:
Interest income		—			—			—			34		—			—			—
Mortgage banking income		—			—			—			—		(289	)		53			—
Other noninterest income		—			—			—			—		—			—			9
Included in other comprehensive income (loss)		—			(1	)		(1	)		116		—			—			—
Purchases, issuances and settlements		(6	)		(56	)		—			—		122			15			(18	)
Transfers into Level 3		—			—			—			—		—			—			—
Transfers out of Level 3		(76	)		(17	)		—			—		—			—			—

Balance at June 30, 2010	$	11		$	136		$	8		$	818	$	665		$	48		$	272

Net unrealized gains (losses) included in net income relating to assets and liabilities still held at June 30, 2010	$	—		$	—		$	—		$	34	$	(227	)	$	48		$	3

Fair Value and Unpaid Principal Balance of Loans Held for Sale


	June 30, 2011						December 31, 2010
	Fair Value		Aggregate Unpaid Principal Balance		Fair Value Less Aggregate Unpaid Principal Balance		Fair Value		Aggregate Unpaid Principal Balance		Fair Value Less Aggregate Unpaid Principal Balance
	(Dollars in millions)
Loans held for sale reported at fair value:
Total (1)(2)	$	1,849	$	1,820	$	29	$	3,176	$	3,192	$	(16	)
Nonaccrual loans		—		—		—		—		—		—
Loans 90 days or more past due and still accruing interest		1		1		—		1		1		—

(1)	The change in fair value is reflected in mortgage banking income.

(2)	Excludes loans held for sale carried at the lower of cost or market.

Carrying Amounts and Fair Values of Financial Assets and Liabilities Not Recorded at Fair Value


	June 30, 2011				December 31, 2010
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(Dollars in millions)
Financial assets:
Securities held to maturity (1)	$	8,552	$	8,605	$	—	$	—
Loans and leases (2)(3)		100,985		99,915		101,380		100,360

Financial liabilities:
Deposits		108,064		105,416		107,213		104,091
Long-term debt		23,380		24,421		21,730		22,733

(1)	The carrying value excludes amounts deferred in other comprehensive income resulting from the transfer of securities available for sale to securities held to maturity. Refer to Note 10 for additional disclosures.

(2)	Includes loans held for sale carried at the lower of cost or market.

(3)	The carrying value is net of the allowance for loan and lease losses.

Notional or Contractual Amounts and Fair Values of Off Balance-Sheet Financial Instruments


	June 30, 2011				December 31, 2010
	Notional/ Contract Amount		Fair Value		Notional/ Contract Amount		Fair Value
	(Dollars in millions)
Contractual commitments:
Commitments to extend, originate or purchase credit	$	38,703	$	68	$	36,917	$	65
Residential mortgage loans sold with recourse		1,464		7		1,624		6
Other loans sold with recourse		4,535		21		4,352		19
Letters of credit and financial guarantees written		6,387		42		7,291		41
Commitments to fund affordable housing investments		296		280		334		316

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13467-108611

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13476-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

+ Details

- Definition

Tabular disclosure of the application of the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the company may be required to provide. Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph c(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 22
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph d, e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (c)(2),(d),(e)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
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-Paragraph 30
-Subparagraph (a),(c)(1),(d)(1)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14217-108612

+ Details

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 7, 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 7
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13467-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

+ Details

Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2011

Derivative Financial Instruments

Schedule of Derivative Financial Instruments and Related Hedged Items


		June 30, 2011							December 31, 2010
	Hedged Item or Transaction	Notional Amount		Fair Value					Notional Amount		Fair Value
	Hedged Item or Transaction	Notional Amount		Gain (1)		Loss (1)			Notional Amount		Gain (1)		Loss (1)
		(Dollars in millions)
Cash Flow Hedges (2):
Interest rate contracts:
Pay fixed swaps	3 month LIBOR funding	$	5,950	$	3	$	(222	)	$	5,950	$	6	$	(181	)
Caps	3 month LIBOR funding		—		—		—			200		—		—

Total			5,950		3		(222	)		6,150		6		(181	)

Net Investment Hedges:
Foreign exchange contracts			73		1		—			73		—		(2	)

Total			73		1		—			73		—		(2	)

Fair Value Hedges:
Interest rate contracts:
Receive fixed swaps and option trades	Long-term debt		4,571		119		—			1,160		25		—
Pay fixed swaps	Commercial loans		89		—		(1	)		54		—		—
Pay fixed swaps	Municipal securities		355		—		(78	)		355		—		(75	)

Total			5,015		119		(79	)		1,569		25		(75	)

Not Designated as Hedges:
Client-related and other risk management
Interest rate contracts:
Receive fixed swaps			9,346		501		(5	)		9,696		496		(10	)
Pay fixed swaps			9,265		8		(536	)		9,514		12		(530	)
Other swaps			2,944		2		(1	)		3,328		2		(3	)
Option trades			889		29		(31	)		897		29		(30	)
Futures contracts			690		—		—			1,747		1		—
Risk Participations			202		—		—			180		—		—
Foreign exchange contracts			376		3		(3	)		436		7		(4	)

Total			23,712		543		(576	)		25,798		547		(577	)

Mortgage Banking
Interest rate contracts:
Receive fixed swaps			89		3		—			11		—		—
Pay fixed swaps			16		—		(1	)		35		—		—
Interest rate lock commitments			2,762		13		(10	)		3,922		12		(37	)
When issued securities, forward rate agreements and forward commitments			3,723		11		(18	)		7,717		106		(27	)
Option trades			500		3		—			400		11		—
Futures contracts			24		—		—			13		1		—

Total			7,114		30		(29	)		12,098		130		(64	)

Mortgage Servicing Rights
Interest rate contracts:
Receive fixed swaps			3,088		34		(17	)		3,225		13		(61	)
Pay fixed swaps			2,889		9		(37	)		2,536		15		(7	)
Option trades			6,515		192		(8	)		6,095		192		(11	)
Futures contracts			1,342		—		(1	)		4,260		—		(10	)
When issued securities, forward rate agreements and forward commitments			2,362		9		—			3,582		5		(14	)

Total			16,196		244		(63	)		19,698		225		(103	)

Total nonhedging derivatives			47,022		817		(668	)		57,594		902		(744	)

Total Derivatives		$	58,060	$	940	$	(969	)	$	65,386	$	933	$	(1,002	)

(1)	Derivatives in a gain position are recorded as Other assets and derivatives in a loss position are recorded as Other liabilities on the Consolidated Balance Sheet.

(2)	Cash flow hedges are hedging the first unhedged forecasted settlements associated with the listed hedged item descriptions.

The Effect of Derivative Instruments on the Consolidated Statements of Income

The Effect of Derivative Instruments on the Consolidated Statements of Income

Three Months Ended June 30, 2011 and 2010


	Effective Portion													Ineffective Portion
	Gain or (Loss) Recognized in OCI						Location of Amounts Reclassified from AOCI into Income	(Gain) or Loss Reclassified from AOCI into Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)
	2011			2010			Location of Amounts Reclassified from AOCI into Income	2011			2010			Location of Amounts Recognized in Income	2011		2010
	(Dollars in millions)
Cash Flow Hedges
Interest rate contracts	$	(90	)	$	(137	)	Total interest income	$	(6	)	$	(12	)	Other noninterest income	$	—	$	—
							Total interest expense		14			4

								$	8		$	(8	)

Net Investment Hedges
Foreign exchange contracts	$	(1	)	$	4			$	—		$	—			$	—	$	—


	Effective Portion							Ineffective Portion
	Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)
	Location of Amounts Recognized in Income	2011			2010			Location of Amounts Recognized in Income	2011		2010
	(Dollars in millions)
Fair Value Hedges
Interest rate contracts	Total interest expense	$	92		$	45		Other noninterest income	$	—	$	(2	)
Interest rate contracts	Total interest income		(5	)		(5	)

Total		$	87		$	40

Not Designated as Hedges
Client-related and other risk management
Interest rate contracts	Other noninterest income	$	1		$	(3	)
Foreign exchange contracts	Other nondeposit fees and commissions		2			2
Mortgage Banking Interest rate contracts	Mortgage banking income		(2	)		(27	)
Mortgage Servicing Rights Interest rate contracts	Mortgage banking income		59			241

Total		$	60		$	213

Note: All amounts for Other Comprehensive Income ("OCI") and Accumulated Other Comprehensive Income ("AOCI") are stated on a pre-tax basis.

(1)	All gains and losses recognized in income relate to the ineffective portion of the change in the fair value of the derivative. No portion of the change in fair value of the derivative has been excluded from effectiveness testing.

The Effect of Derivative Instruments on the Consolidated Statements of Income

Six Months Ended June 30, 2011 and 2010


	Effective Portion													Ineffective Portion
	Gain or (Loss) Recognized in OCI						Location of Amounts Reclassified from AOCI into Income	(Gain) or Loss Reclassified from AOCI into Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)



	2011			2010				2011			2010				2011		2010
								(Dollars in millions)
Cash Flow Hedges
Interest rate contracts	$	(81	)	$	(196	)	Total interest income	$	(13	)	$	(28	)	Other noninterest income	$	—	$	—
							Total interest expense		27			9

								$	14		$	(19	)

Net Investment Hedges
Foreign exchange contracts	$	(3	)	$	1			$	—		$	—			$	—	$	—


	Effective Portion							Ineffective Portion
	Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income						Location of Amounts Recognized in Income	Gain or (Loss) Recognized in Income (1)



		2011			2010				2011		2010
		(Dollars in millions)
Fair Value Hedges
Interest rate contracts	Total interest expense	$	136		$	97		Other noninterest income	$	1	$	(1	)
Interest rate contracts	Total interest income		(10	)		(10	)

Total		$	126		$	87

Not Designated as Hedges

Client-related and other risk management
Interest rate contracts	Other noninterest income	$	(2	)	$	(4	)
Foreign exchange contracts	Other nondeposit fees and commissions		4			3
Mortgage Banking Interest rate contracts	Mortgage banking income		(62	)		(47	)
Mortgage Servicing Rights Interest rate contracts	Mortgage banking income		20			240

Total		$	(40	)	$	192

Note: All amounts for Other Comprehensive Income ("OCI") and Accumulated Other Comprehensive Income ("AOCI") are stated on a pre-tax basis.

(1)	All gains and losses recognized in income relate to the ineffective portion of the change in the fair value of the derivative. No portion of the change in fair value of the derivative has been excluded from effectiveness testing.

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579245-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624171-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41678-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41638-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5580258-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5579240-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41641-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6935481&loc=d3e41620-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

+ Details

Computation of Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011

Computation of Earnings Per Share

Schedule of Earnings Per Share, Basic and Diluted


	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
	(Dollars in millions, except per share data, shares in thousands)
Basic Earnings Per Share:
Net income available to common shareholders	$	307	$	210	$	532	$	398

Weighted average number of common shares		696,625		692,113		695,971		691,456

Basic earnings per share	$	0.44	$	0.30	$	0.76	$	0.58

Diluted Earnings Per Share:
Net income available to common shareholders	$	307	$	210	$	532	$	398

Weighted average number of common shares		696,625		692,113		695,971		691,456
Add:
Effect of dilutive outstanding equity-based awards		8,344		9,209		8,612		8,767

Weighted average number of diluted common shares		704,969		701,322		704,583		700,223

Diluted earnings per share	$	0.44	$	0.30	$	0.76	$	0.57

Operating Segments (Tables)

6 Months Ended

Jun. 30, 2011

Operating Segments

Schedule of Selected Financial Information Regarding Reportable Business Segments

Community
Banking

Residential
Mortgage Banking

Sales Finance

Specialized
Lending

Insurance
Services

2011

2010

2011

2010

2011

2010

2011

2010

2011

2010

(Dollars in millions)

Net interest income (expense)

501

445

244

242

236

222

—

Net funds transfer pricing (FTP)

427

529

(184

)

(181

)

(51

)

(64

)

(45

)

(54

)

Net interest income (expense) and FTP

928

974

191

168

)

Economic provision for loan and lease losses

112

439

143

187

)

—

Noninterest income

308

327

297

283

Intersegment net referral fees (expense)

—

)

—

Noninterest expense

536

638

211

202

Allocated corporate expenses

220

195

Income (loss) before income taxes

405

(101

)

(100

)

116

103

Provision (benefit) for income taxes

149

(38

)

(38

)

Segment net income (loss)

256

(63

)

(62

)

Identifiable segment assets (period end)

58,877

61,549

21,619

18,962

7,040

6,660

9,104

8,469

1,273

1,282


	Financial Services					Treasury						All Other Segments (1)						Parent/ Reconciling Items						Total BB&T Corporation
	2011			2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	10		$	10	$	(14	)	$	76		$	50		$	46		$	239		$	220		$	1,354	$	1,360
Net funds transfer pricing (FTP)		14			15		(75	)		(157	)		(47	)		(45	)		(37	)		(42	)		—		—

Net interest income (expense) and FTP		24			25		(89	)		(81	)		3			1			202			178			1,354		1,360
Economic provision for loan and lease losses		(2	)		8		—			—			1			11			43			(7	)		328		650
Noninterest income		162			147		—			242			13			11			(98	)		(100	)		787		1,039
Intersegment net referral fees (expense)		3			3		—			—			—			—			(36	)		(39	)		—		—
Noninterest expense		147			131		6			4			17			16			319			364			1,395		1,500
Allocated corporate expenses		4			4		2			1			1			—			(263	)		(232	)		—		—

Income (loss) before income taxes		40			32		(97	)		156			(3	)		(15	)		(31	)		(86	)		418		249
Provision (benefit) for income taxes		15			12		(56	)		37			(14	)		(18	)		(33	)		(63	)		91		25

Segment net income (loss)	$	25		$	20	$	(41	)	$	119		$	11		$	3		$	2		$	(23	)	$	327	$	224

Identifiable segment assets (period end)	$	4,062		$	3,594	$	33,084		$	28,747		$	7,071		$	6,003		$	17,180		$	19,817		$	159,310	$	155,083

(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

BB&T Corporation

Reportable Segments

Six Months Ended June 30, 2011 and 2010


	Community Banking				Residential Mortgage Banking						Sales Finance						Specialized Lending						Insurance Services
	2011		2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	984	$	873	$	498		$	480		$	177		$	198		$	464		$	433		$	1	$	1
Net funds transfer pricing (FTP)		855		1,097		(367	)		(365	)		(103	)		(129	)		(87	)		(102	)		1		2

Net interest income (expense) and FTP		1,839		1,970		131			115			74			69			377			331			2		3
Economic provision for loan and lease losses		326		745		227			367			8			(3	)		69			97			—		—
Noninterest income		509		631		137			176			1			1			85			61			546		533
Intersegment net referral fees (expense)		76		73		—			—			(7	)		(6	)		—			—			—		—
Noninterest expense		1,080		1,223		138			122			16			16			152			139			409		403
Allocated corporate expenses		441		392		15			12			6			5			21			20			29		27

Income (loss) before income taxes		577		314		(112	)		(210	)		38			46			220			136			110		106
Provision (benefit) for income taxes		210		116		(42	)		(79	)		14			17			82			51			33		37

Segment net income (loss)	$	367	$	198	$	(70	)	$	(131	)	$	24		$	29		$	138		$	85		$	77	$	69

Identifiable segment assets (period end)	$	58,877	$	61,549	$	21,619		$	18,962		$	7,040		$	6,660		$	9,104		$	8,469		$	1,273	$	1,282


	Financial Services				Treasury						All Other Segments (1)						Parent/ Reconciling Items						Total BB&T Corporation
	2011		2010		2011			2010			2011			2010			2011			2010			2011		2010
	(Dollars in millions)
Net interest income (expense)	$	19	$	18	$	(82	)	$	212		$	98		$	88		$	480		$	371		$	2,639	$	2,674
Net funds transfer pricing (FTP)		37		39		(157	)		(352	)		(93	)		(90	)		(86	)		(100	)		—		—

Net interest income (expense) and FTP		56		57		(239	)		(140	)		5			(2	)		394			271			2,639		2,674
Economic provision for loan and lease losses		1		9		—			—			(7	)		13			44			(3	)		668		1,225
Noninterest income		320		287		(2	)		260			26			23			(121	)		(89	)		1,501		1,883
Intersegment net referral fees (expense)		8		6		—			—			—			—			(77	)		(73	)		—		—
Noninterest expense		292		262		10			9			33			33			637			634			2,767		2,841
Allocated corporate expenses		7		9		5			2			2			(3	)		(526	)		(464	)		—		—

Income (loss) before income taxes		84		70		(256	)		109			3			(22	)		41			(58	)		705		491
Provision (benefit) for income taxes		31		26		(135	)		—			(24	)		(33	)		(25	)		(62	)		144		73

Segment net income (loss)	$	53	$	44	$	(121	)	$	109		$	27		$	11		$	66		$	4		$	561	$	418

Identifiable segment assets (period end)	$	4,062	$	3,594	$	33,084		$	28,747		$	7,071		$	6,003		$	17,180		$	19,817		$	159,310	$	155,083

(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Securities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
Securities (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Jun. 30, 2011	Dec. 31, 2010
Available for sale securities transferred to held to maturity securities		$ 8,341
Securities available for sale, fair value	$ 19,409	19,409	$ 23,169
Securities pledged	15,700	15,700	19,300
Reductions for securities sold/settled during the period	6	6
Unrealized losses on non-investment grade securities		98
Securities available for sale, amortized cost	19,214	19,214	23,419
Fannie Mae Investment [Member]
Securities available for sale, fair value	8,400	8,400
Securities available for sale, amortized cost	8,400	8,400
Freddie Mac Investment [Member]
Securities available for sale, fair value	10,600	10,600
Securities available for sale, amortized cost	10,600	10,600
Non-Agency Mortgage-Backed Securities [Member]
Securities available for sale, fair value	424	424	515
Amortized cost on noninvestment grade security	521	521
Securities available for sale, amortized cost	521	521	635
Covered Non-agency Mortgage-backed Securities [Member]
Securities available for sale, fair value	1,300	1,300	1,200
Covered Municipal Securities [Member]
Securities available for sale, fair value	310	310	$ 304
States and Political Subdivisions [Member]
Amortized cost on noninvestment grade security	$ 8	$ 8

Securities (Amortized Cost and Approximate Fair Values of Securities Available for Sale) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Securities available for sale, amortized cost	$ 19,214	$ 23,419
Securities available for sale, gross unrealized gains	524	396
Securities available for sale, gross unrealized losses	329	646
Securities available for sale, fair value	19,409	23,169
U.S. Government-Sponsored Entities ("GSE") [Member]
Securities available for sale, amortized cost	76	102
Securities available for sale, gross unrealized gains	2	1
Securities available for sale, fair value	78	103
Mortgage-Backed Securities Issued by GSE [Member]
Securities available for sale, amortized cost	15,254	18,663
Securities available for sale, gross unrealized gains	84	42
Securities available for sale, gross unrealized losses	107	361
Securities available for sale, fair value	15,231	18,344
States and Political Subdivisions [Member]
Securities available for sale, amortized cost	1,904	2,051
Securities available for sale, gross unrealized gains	39	19
Securities available for sale, gross unrealized losses	121	161
Securities available for sale, fair value	1,822	1,909
Non-Agency Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	521	635
Securities available for sale, gross unrealized losses	97	120
Securities available for sale, fair value	424	515
Other Securities [Member]
Securities available for sale, amortized cost	197	734
Securities available for sale, gross unrealized gains		27
Securities available for sale, gross unrealized losses		2
Securities available for sale, fair value	197	759
Covered Securities [Member]
Securities available for sale, amortized cost	1,262	1,234
Securities available for sale, gross unrealized gains	399	307
Securities available for sale, gross unrealized losses	4	2
Securities available for sale, fair value	$ 1,657	$ 1,539

Securities (Amortized Cost and Approximate Fair Values of Securities Held to Maturity) (Details) $ in Millions	Jun. 30, 2011 USD ($)
Securities held to maturity, amortized cost	$ 8,552
Securities held to maturity, gross unrealized gains	54
Securities held to maturity, gross unrealized losses	1
Securities held to maturity, fair value	8,605
Mortgage-Backed Securities Issued by GSE [Member]
Securities held to maturity, amortized cost	7,943
Securities held to maturity, gross unrealized gains	53
Securities held to maturity, fair value	7,996
States and Political Subdivisions [Member]
Securities held to maturity, amortized cost	36
Securities held to maturity, fair value	36
Other Securities [Member]
Securities held to maturity, amortized cost	573
Securities held to maturity, gross unrealized gains	1
Securities held to maturity, gross unrealized losses	1
Securities held to maturity, fair value	$ 573

- Definition

For an unclassified balance sheet, this item represents investments in debt securities which are categorized as held-to-maturity. The held-to-maturity category is for those securities that the entity has the positive intent and ability to hold until maturity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 4
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 25
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6379932&loc=d3e22054-111558

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.6)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 11
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Securities (Gross Realized Gains and Losses and Other-than- temporary Impairments Recognized in Net Income) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2011

Jun. 30, 2010

Gross gains

$ 17

$ 226

$ 38

$ 231

Gross losses

(1)

(2)

(1)

(4)

Net realized gains/(losses)

224

227

Other-than-temporary impairments

(10)

(37)

(11)

(49)

Non-credit portion recognized in other comprehensive income

(8)

(28)

Total securities gains (losses), net

(2)

219

(2)

216

Non-Agency Mortgage-Backed Securities [Member]

Other-than-temporary impairments

(10)

(37)

(11)

(49)

Non-credit portion recognized in other comprehensive income

^[1]

(8)

(28)

Total OTTI recognized in net income

$ (18)

$ (5)

$ (39)

$ (11)

[1]	A negative balance is the result of additional credit losses currently recognized in earnings that were previously recognized in other comprehensive income.

- Definition

The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 35
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6956420&loc=d3e25351-111560

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15C
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 16B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-2/124-2
-Paragraph 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of other than temporary impairment (OTTI) loss on a debt security, categorized as either Available-for-sale or Held-to-maturity, related to factors other than credit losses when the entity does not intend to sell the security and it is not more likely than not that the entity will be required to sell the security before recovery of its amortized cost basis. This amount, which includes the portion attributable to the noncontrolling interest, if any, is deducted from the total impairment losses of investments (before taxes) presented on the income statement; this amount is also referred to as the amount incurred by the reporting entity or the consolidated entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 7
-Footnote 2
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15C
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 16B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.

+ References + Details

Securities (Schedule of Credit Losses on Other-than-Temporarily Impaired Non-agency Mortgage-Backed Securities where Portion of the Unrealized Loss was Recognized in Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Securities
Balance at beginning of period	$ 51	$ 8	$ 30	$ 2
Credit losses on securities not previously considered other-than-temporarily impaired		1		2
Credit losses on securities for which OTTI was previously recognized	18	4	39	9
Reductions for securities sold/settled during the period	(6)		(6)
Balance at end of period	$ 63	$ 13	$ 63	$ 13

Securities (Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity) (Details) $ in Millions	Jun. 30, 2011 USD ($)
Securities
Securities available for sale, debt securities due in one year or less, amortized cost	$ 43
Securities available for sale, debt securities due in one year or less, fair value	43
Securities available for sale, debt securities due after one year through five years, amortized cost	59
Securities available for sale, debt securities due after one year through five years, fair value	63
Securities available for sale, debt securities due after five years through ten years, amortized cost	633
Securities available for sale, debt securities due after five years through ten years, fair value	650
Securities available for sale, debt securities due after ten years, amortized cost	18,284
Securities available for sale, debt securities due after ten years, fair value	18,458
Total available for sale debt securities, amortized cost	19,019
Total available for sale debt securities, fair value	19,214
Total available for sale securities with no stated maturity, amortized cost	195
Total available for sale securities with no stated maturity, fair value	195
Total available for sale securities, amortized cost	19,214
Total available for sale securities, fair value	19,409
Securities held to maturity, debt securities due after ten years, amortized cost	8,552
Securities held to maturity, debt securities due after ten years, fair value	8,605
Total held to maturity debt securities, amortized cost	8,552
Total held to maturity debt securities, fair value	8,605
Total held to maturity securities, amortized cost	8,552
Total held to maturity securities, fair value	$ 8,605

Securities (Gross Unrealized Losses and Fair Values of Investments by Investment Category and Length of Time) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Fair value of temporarily impaired available for sale securities, less than 12 months	$ 10,620	$ 16,796
Unrealized losses on temporarily impaired available for sale securities, less than 12 months	118	386
Fair value of temporarily impaired available for sale securities, 12 months or more	1,079	1,243
Unrealized losses on temporarily impaired available for sale securities, 12 months or more	211	260
Total fair value of temporarily impaired available for sale securities	11,699	18,039
Total unrealized losses on temporarily impaired available for sale securities	329	646
Fair value of temporarily impaired held to maturity securities, less than 12 months	91
Unrealized losses on temporarily impaired held to maturity securities, less than 12 months	1
Total fair value of temporarily impaired held to maturity securities	91
Total unrealized losses on temporarily impaired held to maturity securities	1
U.S. Government-Sponsored Entities ("GSE") [Member]
Fair value of temporarily impaired available for sale securities, less than 12 months		50
Total fair value of temporarily impaired available for sale securities		50
Mortgage-Backed Securities Issued by GSE [Member]
Fair value of temporarily impaired available for sale securities, less than 12 months	10,312	15,438
Unrealized losses on temporarily impaired available for sale securities, less than 12 months	107	361
Total fair value of temporarily impaired available for sale securities	10,312	15,438
Total unrealized losses on temporarily impaired available for sale securities	107	361
States and Political Subdivisions [Member]
Fair value of temporarily impaired available for sale securities, less than 12 months	258	694
Unrealized losses on temporarily impaired available for sale securities, less than 12 months	7	21
Fair value of temporarily impaired available for sale securities, 12 months or more	655	735
Unrealized losses on temporarily impaired available for sale securities, 12 months or more	114	140
Total fair value of temporarily impaired available for sale securities	913	1,429
Total unrealized losses on temporarily impaired available for sale securities	121	161
Fair value of temporarily impaired held to maturity securities, less than 12 months	32
Total fair value of temporarily impaired held to maturity securities	32
Non-Agency Mortgage-Backed Securities [Member]
Fair value of temporarily impaired available for sale securities, 12 months or more	424	506
Unrealized losses on temporarily impaired available for sale securities, 12 months or more	97	120
Total fair value of temporarily impaired available for sale securities	424	506
Total unrealized losses on temporarily impaired available for sale securities	97	120
Other Securities [Member]
Fair value of temporarily impaired available for sale securities, less than 12 months	1	535
Unrealized losses on temporarily impaired available for sale securities, less than 12 months		2
Fair value of temporarily impaired available for sale securities, 12 months or more		2
Total fair value of temporarily impaired available for sale securities	1	537
Total unrealized losses on temporarily impaired available for sale securities		2
Fair value of temporarily impaired held to maturity securities, less than 12 months	59
Unrealized losses on temporarily impaired held to maturity securities, less than 12 months	1
Total fair value of temporarily impaired held to maturity securities	59
Total unrealized losses on temporarily impaired held to maturity securities	1
Covered Securities [Member]
Fair value of temporarily impaired available for sale securities, less than 12 months	49	79
Unrealized losses on temporarily impaired available for sale securities, less than 12 months	4	2
Total fair value of temporarily impaired available for sale securities	49	79
Total unrealized losses on temporarily impaired available for sale securities	$ 4	$ 2

Securities (Schedule of Non-Investment Grade Securities with Significant Unrealized Losses) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2011 USD ($)
RMBS 1 [Member]
Non-investment grade securities, amortized cost	$ 91
Non-investment grade securities, fair value	59
Non-investment grade securities, unrealized loss	(32)
Non-investment grade securities, credit loss recognized	(10)
RMBS 2 [Member]
Non-investment grade securities, amortized cost	118
Non-investment grade securities, fair value	100
Non-investment grade securities, unrealized loss	(18)
Non-investment grade securities, credit loss recognized	(25)
RMBS 3 [Member]
Non-investment grade securities, amortized cost	102
Non-investment grade securities, fair value	88
Non-investment grade securities, unrealized loss	(14)
Non-investment grade securities, credit loss recognized	$ (3)

Loans and Leases (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Loans and Leases
Outstanding unpaid principal balance for all purchased impaired loans	$ 3,200	$ 3,800
Outstanding unpaid principal balance for all purchased nonimpaired loans	4,300	5,000
Total commitments to lend additional funds to clients with loans whose terms have been modified in restructurings	$ 28	$ 64

Loans and Leases (Breakdown of Loan Portfolio) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Loans and Leases

Commercial and industrial

$ 34,166

$ 34,050

Commercial real estate-other

11,134

11,439

Commercial real estate-residential ADC

^[1]

2,689

3,397

Direct retail lending

13,679

13,749

Sales finance

7,236

7,050

Revolving credit

2,091

2,127

Residential mortgage

18,372

17,550

Specialized lending

8,464

7,953

Other acquired

Total loans and leases held for investment (excluding covered loans)

97,881

97,373

Covered

5,504

6,194

Total loans and leases held for investment

103,385

103,567

Held for sale

1,965

3,697

Total loans and leases

$ 105,350

$ 107,264

[1]	Commercial real estate—residential ADC represents residential acquisition, development and construction loans.

Loans and Leases (Carrying Value of Purchased Impaired and Nonimpaired Loans) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Residential mortgage

$ 18,372

$ 17,550

Commercial real estate

^[1]

2,689

3,397

Total covered

5,504

6,194

Other acquired

Purchased Impaired Loans [Member]

Residential mortgage

700

733

Commercial real estate

1,728

2,031

Commercial

Total covered

2,517

2,855

Other acquired

Total

2,519

2,858

Allowance for loan losses

(114)

(90)

Net

2,405

2,768

Purchased Nonimpaired Loans [Member]

Residential mortgage

678

713

Commercial real estate

1,826

1,982

Commercial

483

644

Total covered

2,987

3,339

Other acquired

Total

3,035

3,394

Allowance for loan losses

(45)

(54)

Net

2,990

3,340

Purchased Impaired and Nonimpaired Loans [Member]

Residential mortgage

1,378

1,446

Commercial real estate

3,554

4,013

Commercial

572

735

Total covered

5,504

6,194

Other acquired

Total

5,554

6,252

Allowance for loan losses

(159)

(144)

Net

$ 5,395

$ 6,108

[1]	Commercial real estate—residential ADC represents residential acquisition, development and construction loans.

Loans and Leases (Changes in Carrying Amount and Accretable Yield for Purchased Impaired and Nonimpaired Loans) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2011	Dec. 31, 2010
Purchased Impaired Loans [Member]
Accretable yield for purchased loans, beginning balance	$ 835	$ 889
Accretion recognized during the period for purchased loans	(187)	(459)
Reclassifications from nonaccretable balance, net, for purchased loans	135	405
Purchased loans payments received, net
Accretable yield for purchased loans, ending balance	783	835
Carrying amount of loans, beginning balance	2,858	3,666
Change in carrying amount of loans, accretion recognized during period	187	459
Change in carrying amount of loans, reclassifications from nonaccretable balance, net
Change in carrying amount of loans, payments received, net	(526)	(1,267)
Carrying amount of loans, ending balance	2,519	2,858
Purchased Nonimpaired Loans [Member]
Accretable yield for purchased loans, beginning balance	1,611	1,301
Accretion recognized during the period for purchased loans	(355)	(483)
Reclassifications from nonaccretable balance, net, for purchased loans	475	793
Purchased loans payments received, net
Accretable yield for purchased loans, ending balance	1,731	1,611
Carrying amount of loans, beginning balance	3,394	4,476
Change in carrying amount of loans, accretion recognized during period	355	483
Change in carrying amount of loans, reclassifications from nonaccretable balance, net
Change in carrying amount of loans, payments received, net	(714)	(1,565)
Carrying amount of loans, ending balance	$ 3,035	$ 3,394

Loans and Leases (Nonperforming and Past Due Loans) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Held for investment

$ 97,881

$ 97,373

Held for sale

1,965

3,697

Total nonaccrual loans and leases

^[1]

2,177

2,670

Foreclosed real estate

^[2]

1,147

1,259

Other foreclosed property

Total foreclosed property

^[2]

1,176

1,301

Total nonperforming assets (excluding covered assets)

^[1],[2]

3,353

3,971

Loans 90 days or more past due and still accruing (excluding covered loans)

^[3],[4],[5]

203

295

Foreclosed real estate covered by FDIC loss sharing agreements

348

313

Mortgage Loans Guaranteed By GNMA

389

425

Loans past due 90 days or more covered by FDIC loss sharing agreements

935

1,100

Mortgage loans 90 days or more past due government guaranteed

162

153

Nonaccrual Loans and Leases [Member]

Held for investment

^[1]

2,061

2,149

Held for sale

$ 116

$ 521

[1]	Covered and other acquired loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due 90 days or more and still accruing are noted below.
[2]	Excludes foreclosed real estate totaling $348 million and $313 million as of June 30, 2011 and December 31, 2010, respectively, that is covered by FDIC loss sharing agreements.
[3]	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $935 million and $1.1 billion as of June 30, 2011 and December 31, 2010, respectively.
[4]	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase totaling $389 million and $425 million as of June 30, 2011 and December 31, 2010, respectively.
[5]	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $162 million and $153 million as of June 30, 2011 and December 31, 2010, respectively.

Loans and Leases (Loans that Continue to Accrued Interest Under Terms of Restructuring) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Commercial and industrial

$ 34,166

$ 34,050

Commercial real estate-other

11,134

11,439

Commercial real estate-residential ADC

^[1]

2,689

3,397

Direct retail lending

13,679

13,749

Sales finance

7,236

7,050

Revolving credit

2,091

2,127

Residential mortgage

18,372

17,550

Specialized lending

8,464

7,953

Nonperforming restructurings

^[2],[3]

381

479

Total restructurings

^{[2],[3],[4],[5],[6]}

1,559

1,955

Nonperforming restructurings included in loans held for sale

110

Restructured mortgage loans government guaranteed totaling included in loans held for sale

Restructured mortgage loans government guaranteed

160

115

Allowance for loan and lease losses attributable to restructured loans

321

324

Performing Restructurings [Member]

Commercial and industrial

100

205

Commercial real estate-other

153

280

Commercial real estate-residential ADC

105

172

Direct retail lending

143

141

Sales finance

Revolving credit

Residential mortgage

^[5],[6]

570

585

Specialized lending

Total performing restructurings

^[5],[6]

$ 1,178

$ 1,476

[1]	Commercial real estate—residential ADC represents residential acquisition, development and construction loans.
[2]	Includes approximately $20 million and $110 million of nonperforming restructurings included in loans held for sale at June 30, 2011 and December 31, 2010, respectively.
[3]	Nonperforming restructurings are included in nonaccrual loan disclosures.
[4]	All restructurings are considered impaired. The allowance for loan and lease losses attributable to these restructured loans totaled $321 million and $324 million at June 30, 2011 and December 31, 2010, respectively.
[5]	Excludes restructured mortgage loans held for investment that are government guaranteed totaling $160 million and $115 million at June 30, 2011 and December 31, 2010, respectively.
[6]	Excludes restructured mortgage loans held for sale that are government guaranteed totaling $24 million and $14 million at June 30, 2011 and December 31, 2010, respectively.

Allowance for Credit Losses (Analysis of the Allowance for Credit Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Allowance for credit losses, Beginning balance		$ 2,759		$ 2,672
Provision for credit losses	$ 328	650	$ 668	1,225
Loans and leases charged-off		(671)		(1,180)
Recoveries of previous charge-offs		29		63
Net loans and leases charged-off		(642)		(1,117)
Other changes, net		(14)		(27)
Allowance for credit losses, Ending balance		2,753		2,753
Allowance for loan and lease losses	2,516	2,723	2,516	2,723	$ 2,708
Reserve for unfunded lending commitments		$ 30		$ 30
Commercial and Industrial [Member]
Allowance for credit losses, Beginning balance	535		621
Provision for credit losses	(8)		(20)
Loans and leases charged-off	(62)		(140)
Recoveries of previous charge-offs	9		13
Allowance for credit losses, Ending balance	474		474
Allowance for loan and lease losses	474		474		621
Commercial Real Estate - Other [Member]
Allowance for credit losses, Beginning balance	497		446
Provision for credit losses	40		156
Loans and leases charged-off	(81)		(149)
Recoveries of previous charge-offs	6		9
Allowance for credit losses, Ending balance	462		462
Allowance for loan and lease losses	462		462		446
Commercial Real Estate - Residential ADC [Member]
Allowance for credit losses, Beginning balance	421		469
Provision for credit losses	32		51
Loans and leases charged-off	(78)		(149)
Recoveries of previous charge-offs	7		11
Allowance for credit losses, Ending balance	382		382
Allowance for loan and lease losses	382		382		469
Commercial Specialized Lending [Member]
Allowance for credit losses, Beginning balance	18		21
Provision for credit losses	(4)		(6)
Loans and leases charged-off	(2)		(4)
Recoveries of previous charge-offs	1		2
Allowance for credit losses, Ending balance	13		13
Allowance for loan and lease losses	13		13		21
Direct Retail Lending [Member]
Allowance for credit losses, Beginning balance	245		246
Provision for credit losses	46		114
Loans and leases charged-off	(66)		(144)
Recoveries of previous charge-offs	8		17
Allowance for credit losses, Ending balance	233		233
Allowance for loan and lease losses	233		233		246
Retail Revolving Credit [Member]
Allowance for credit losses, Beginning balance	105		109
Provision for credit losses	17		35
Loans and leases charged-off	(24)		(51)
Recoveries of previous charge-offs	5		10
Allowance for credit losses, Ending balance	103		103
Allowance for loan and lease losses	103		103		109
Retail Residential Mortgage [Member]
Allowance for credit losses, Beginning balance	328		298
Provision for credit losses	147		230
Loans and leases charged-off	(129)		(183)
Recoveries of previous charge-offs	1		2
Allowance for credit losses, Ending balance	347		347
Allowance for loan and lease losses	347		347		298
Retail Sales Finance [Member]
Allowance for credit losses, Beginning balance	43		47
Provision for credit losses	3		7
Loans and leases charged-off	(7)		(17)
Recoveries of previous charge-offs	3		5
Allowance for credit losses, Ending balance	42		42
Allowance for loan and lease losses	42		42		47
Retail Specialized Lending [Member]
Allowance for credit losses, Beginning balance	175		177
Provision for credit losses	31		74
Loans and leases charged-off	(41)		(91)
Recoveries of previous charge-offs	6		11
Allowance for credit losses, Ending balance	171		171
Allowance for loan and lease losses	171		171		177
Covered and Other Acquired [Member]
Allowance for credit losses, Beginning balance	144		144
Provision for credit losses	15		15
Allowance for credit losses, Ending balance	159		159
Allowance for loan and lease losses	159		159		144
Unallocated [Member]
Allowance for credit losses, Beginning balance	130		130
Allowance for credit losses, Ending balance	130		130
Allowance for loan and lease losses	130		130		$ 130
Allowance for Loan and Lease Losses [Member]
Allowance for credit losses, Beginning balance	2,641		2,708
Provision for credit losses	319		656
Loans and leases charged-off	(490)		(928)
Recoveries of previous charge-offs	46		80
Allowance for credit losses, Ending balance	2,516		2,516
Reserve For Unfunded Lending Commitments [Member]
Allowance for credit losses, Beginning balance	50		47
Provision for credit losses	9		12
Allowance for credit losses, Ending balance	59		59
Allowance for Credit Losses [Member]
Allowance for credit losses, Beginning balance	2,691		2,755
Provision for credit losses	328		668
Loans and leases charged-off	(490)		(928)
Recoveries of previous charge-offs	46		80
Allowance for credit losses, Ending balance	$ 2,575		$ 2,575

Allowance for Credit Losses (Breakdown of Allowance for Loan and Lease Losses Based on Method for Determining Allowance) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2010
Individually Evaluated For Impairment	$ 508	$ 456
Collectively Evaluated For Impairment	1,894	2,162
Loans Acquired With Deteriorated Credit Quality	114	90
Total	2,516	2,708	$ 2,723
Commercial and Industrial [Member]
Individually Evaluated For Impairment	108	96
Collectively Evaluated For Impairment	366	525
Loans Acquired With Deteriorated Credit Quality
Total	474	621
Commercial Real Estate - Other [Member]
Individually Evaluated For Impairment	93	63
Collectively Evaluated For Impairment	369	383
Loans Acquired With Deteriorated Credit Quality
Total	462	446
Commercial Real Estate - Residential ADC [Member]
Individually Evaluated For Impairment	82	75
Collectively Evaluated For Impairment	300	394
Loans Acquired With Deteriorated Credit Quality
Total	382	469
Commercial Specialized Lending [Member]
Individually Evaluated For Impairment	1	1
Collectively Evaluated For Impairment	12	20
Loans Acquired With Deteriorated Credit Quality
Total	13	21
Direct Retail Lending [Member]
Individually Evaluated For Impairment	32	26
Collectively Evaluated For Impairment	201	220
Loans Acquired With Deteriorated Credit Quality
Total	233	246
Retail Revolving Credit [Member]
Individually Evaluated For Impairment	26	25
Collectively Evaluated For Impairment	77	84
Loans Acquired With Deteriorated Credit Quality
Total	103	109
Retail Residential Mortgage [Member]
Individually Evaluated For Impairment	148	167
Collectively Evaluated For Impairment	199	131
Loans Acquired With Deteriorated Credit Quality
Total	347	298
Retail Sales Finance [Member]
Individually Evaluated For Impairment	1	1
Collectively Evaluated For Impairment	41	46
Loans Acquired With Deteriorated Credit Quality
Total	42	47
Retail Specialized Lending [Member]
Individually Evaluated For Impairment	17	2
Collectively Evaluated For Impairment	154	175
Loans Acquired With Deteriorated Credit Quality
Total	171	177
Covered and Other Acquired [Member]
Individually Evaluated For Impairment
Collectively Evaluated For Impairment	45	54
Loans Acquired With Deteriorated Credit Quality	114	90
Total	159	144
Unallocated [Member]
Individually Evaluated For Impairment
Collectively Evaluated For Impairment	130	130
Loans Acquired With Deteriorated Credit Quality
Total	$ 130	$ 130

Allowance for Credit Losses (Breakdown of Recorded Investment in Loans Based on the Method for Determining Allowance) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Individually Evaluated for Impairment	$ 2,979	$ 3,158
Collectively Evaluated for Impairment	97,887	97,551
Loans Acquired With Deteriorated Credit Quality	2,519	2,858
Total	103,385	103,567
Commercial and Industrial [Member]
Individually Evaluated for Impairment	711	708
Collectively Evaluated for Impairment	33,455	33,342
Total	34,166	34,050
Commercial Real Estate - Other [Member]
Individually Evaluated for Impairment	620	691
Collectively Evaluated for Impairment	10,514	10,748
Total	11,134	11,439
Commercial Real Estate - Residential ADC [Member]
Individually Evaluated for Impairment	565	684
Collectively Evaluated for Impairment	2,124	2,713
Total	2,689	3,397
Commercial Specialized Lending [Member]
Individually Evaluated for Impairment	6	4
Collectively Evaluated for Impairment	3,616	3,399
Total	3,622	3,403
Direct Retail Lending [Member]
Individually Evaluated for Impairment	174	177
Collectively Evaluated for Impairment	13,505	13,572
Total	13,679	13,749
Retail Revolving Credit [Member]
Individually Evaluated for Impairment	62	62
Collectively Evaluated for Impairment	2,029	2,065
Total	2,091	2,127
Retail Residential Mortgage [Member]
Individually Evaluated for Impairment	796	803
Collectively Evaluated for Impairment	17,576	16,747
Total	18,372	17,550
Retail Sales Finance [Member]
Individually Evaluated for Impairment	7	5
Collectively Evaluated for Impairment	7,229	7,045
Total	7,236	7,050
Retail Specialized Lending [Member]
Individually Evaluated for Impairment	38	24
Collectively Evaluated for Impairment	4,804	4,526
Total	4,842	4,550
Covered and Other Acquired [Member]
Collectively Evaluated for Impairment	3,035	3,394
Loans Acquired With Deteriorated Credit Quality	2,519	2,858
Total	$ 5,554	$ 6,252

Allowance for Credit Losses (Commercial Credit Exposure Credit Risk Profile by Internal Loan Risk Rating) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Held for sale

$ 1,965

$ 3,697

Nonaccrual Loans and Leases [Member]

Held for sale

116

521

Commercial and Industrial [Member]

Corporate credit exposure, amount

^[1]

34,166

34,050

Commercial and Industrial [Member] | Investment Grade [Member]

Corporate credit exposure, amount

8,212

8,358

Commercial and Industrial [Member] | Near Investment Grade [Member]

Corporate credit exposure, amount

17,095

16,637

Commercial and Industrial [Member] | Noninvestment Grade-Performing [Member]

Corporate credit exposure, amount

8,248

8,547

Commercial and Industrial [Member] | Noninvestment Grade-NonPerforming [Member]

Corporate credit exposure, amount

^[1]

611

508

Commercial Real Estate - Other [Member]

Corporate credit exposure, amount

^[1]

11,134

11,439

Commercial Real Estate - Other [Member] | Investment Grade [Member]

Corporate credit exposure, amount

783

687

Commercial Real Estate - Other [Member] | Near Investment Grade [Member]

Corporate credit exposure, amount

4,493

4,618

Commercial Real Estate - Other [Member] | Noninvestment Grade-Performing [Member]

Corporate credit exposure, amount

5,391

5,729

Commercial Real Estate - Other [Member] | Noninvestment Grade-NonPerforming [Member]

Corporate credit exposure, amount

^[1]

467

405

Commercial Real Estate - Residential ADC [Member]

Corporate credit exposure, amount

^[1]

2,689

3,397

Commercial Real Estate - Residential ADC [Member] | Investment Grade [Member]

Corporate credit exposure, amount

Commercial Real Estate - Residential ADC [Member] | Near Investment Grade [Member]

Corporate credit exposure, amount

385

512

Commercial Real Estate - Residential ADC [Member] | Noninvestment Grade-Performing [Member]

Corporate credit exposure, amount

1,799

2,337

Commercial Real Estate - Residential ADC [Member] | Noninvestment Grade-NonPerforming [Member]

Corporate credit exposure, amount

^[1]

460

513

Commercial Specialized Lending [Member]

Corporate credit exposure, amount

^[1]

3,622

3,403

Commercial Specialized Lending [Member] | Investment Grade [Member]

Corporate credit exposure, amount

2,100

2,070

Commercial Specialized Lending [Member] | Near Investment Grade [Member]

Corporate credit exposure, amount

868

756

Commercial Specialized Lending [Member] | Noninvestment Grade-Performing [Member]

Corporate credit exposure, amount

643

566

Commercial Specialized Lending [Member] | Noninvestment Grade-NonPerforming [Member]

Corporate credit exposure, amount

^[1]

$ 11

[1]	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.

Allowance for Credit Losses (Schedule of Consumer Credit Exposure, Credit Risk Profile Based on Payment Activity) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Direct Retail Lending [Member]
Retail credit exposure, amount	$ 13,679	$ 13,749
Direct Retail Lending [Member] \| Performing Financing Receivable [Member]
Retail credit exposure, amount	13,507	13,558
Direct Retail Lending [Member] \| Nonperforming Financing Receivable [Member]
Retail credit exposure, amount	172	191
Retail Revolving Credit [Member]
Retail credit exposure, amount	2,091	2,127
Retail Revolving Credit [Member] \| Performing Financing Receivable [Member]
Retail credit exposure, amount	2,091	2,127
Retail Residential Mortgage [Member]
Retail credit exposure, amount	18,372	17,550
Retail Residential Mortgage [Member] \| Performing Financing Receivable [Member]
Retail credit exposure, amount	18,080	17,084
Retail Residential Mortgage [Member] \| Nonperforming Financing Receivable [Member]
Retail credit exposure, amount	292	466
Retail Sales Finance [Member]
Retail credit exposure, amount	7,236	7,050
Retail Sales Finance [Member] \| Performing Financing Receivable [Member]
Retail credit exposure, amount	7,229	7,044
Retail Sales Finance [Member] \| Nonperforming Financing Receivable [Member]
Retail credit exposure, amount	7	6
Retail Specialized Lending [Member]
Retail credit exposure, amount	4,842	4,550
Retail Specialized Lending [Member] \| Performing Financing Receivable [Member]
Retail credit exposure, amount	4,801	4,501
Retail Specialized Lending [Member] \| Nonperforming Financing Receivable [Member]
Retail credit exposure, amount	$ 41	$ 49

Allowance for Credit Losses (Aging Analysis of Past Due Loans and Leases) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Loans and Leases Excluding Covered Current

^[1],[2],[3]

$ 94,377

$ 93,285

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1],[2],[3]

1,078

1,491

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1],[2],[3]

365

448

Nonaccrual Loans and Leases Excluding Covered

^[1],[2],[3]

2,061

2,149

Total Loans And Leases Excluding Covered Loans

^[1],[2],[3]

97,881

97,373

Held for sale

1,965

3,697

Nonaccrual Loans and Leases [Member]

Held for sale

116

521

Commercial and Industrial [Member]

Loans and Leases Excluding Covered Current

^[1]

33,479

33,371

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

163

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

611

508

Total Loans And Leases Excluding Covered Loans

^[1]

34,166

34,050

Commercial Real Estate - Other [Member]

Loans and Leases Excluding Covered Current

^[1]

10,628

10,962

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

467

405

Total Loans And Leases Excluding Covered Loans

^[1]

11,134

11,439

Commercial Real Estate - Residential ADC [Member]

Loans and Leases Excluding Covered Current

^[1]

2,204

2,792

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

460

513

Total Loans And Leases Excluding Covered Loans

^[1]

2,689

3,397

Commercial Specialized Lending [Member]

Loans and Leases Excluding Covered Current

^[1]

3,587

3,358

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

Total Loans And Leases Excluding Covered Loans

^[1]

3,622

3,403

Direct Retail Lending [Member]

Loans and Leases Excluding Covered Current

^[1]

13,294

13,293

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

154

189

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

172

191

Total Loans And Leases Excluding Covered Loans

^[1]

13,679

13,749

Retail Revolving Credit [Member]

Loans and Leases Excluding Covered Current

^[1]

2,053

2,079

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Total Loans And Leases Excluding Covered Loans

^[1]

2,091

2,127

Retail Residential Mortgage [Member]

Loans and Leases Excluding Covered Current

^[1],[3]

17,324

16,173

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1],[3]

504

615

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1],[3]

252

296

Nonaccrual Loans and Leases Excluding Covered

^[1],[2],[3]

292

466

Total Loans And Leases Excluding Covered Loans

^[1],[3]

18,372

17,550

Retail Sales Finance [Member]

Loans and Leases Excluding Covered Current

^[1]

7,140

6,922

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

Total Loans And Leases Excluding Covered Loans

^[1]

7,236

7,050

Retail Specialized Lending [Member]

Loans and Leases Excluding Covered Current

^[1]

4,620

4,281

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

181

219

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Nonaccrual Loans and Leases Excluding Covered

^[1],[2]

Total Loans And Leases Excluding Covered Loans

^[1]

4,842

4,550

Covered and Other Acquired [Member]

Loans and Leases Excluding Covered Current

^[1]

Loans and Leases Excluding Covered 30-89 Days Past Due

^[1]

Loans and Leases Excluding Covered 90 Days Or More Past Due

^[1]

Total Loans And Leases Excluding Covered Loans

^[1]

Government Guaranteed Loans [Member]

Loans and Leases Excluding Covered 30-89 Days Past Due

Loans and Leases Excluding Covered 90 Days Or More Past Due

$ 162

$ 153

[1]	Covered loans have been excluded from this aging analysis because they are covered by FDIC loss sharing agreements, and their related allowance is determined by loan pool performance due to the application of the accretion method.
[2]	Excludes nonperforming commercial loans held for sale of $116 million and $521 million as of June 30, 2011 and December 31, 2010, respectively.
[3]	Residential mortgage loans include $78 million and $83 million in government guaranteed loans past due 30-89 days, and $162 million and $153 million in government guaranteed loans past due greater than 90 days as of June 30, 2011 and December 31, 2010, respectively.

Allowance for Credit Losses (Schedule of Information Regarding Impaired Loans) (Details) - USD ($)
$ in Millions

6 Months Ended

Jun. 30, 2011

Dec. 31, 2010

Jun. 30, 2010

Related Allowance

$ 2,516

$ 2,708

$ 2,723

Commercial and Industrial [Member]

Related Allowance

474

621

Commercial Real Estate - Residential ADC [Member]

Related Allowance

382

469

Commercial Real Estate - Other [Member]

Related Allowance

462

446

Commercial Specialized Lending [Member]

Related Allowance

Direct Retail Lending [Member]

Related Allowance

233

246

Retail Revolving Credit [Member]

Related Allowance

103

109

Retail Residential Mortgage [Member]

Related Allowance

347

298

Retail Sales Finance [Member]

Related Allowance

Retail Specialized Lending [Member]

Related Allowance

171

177

Government Guaranteed Loans [Member]

Recorded Investment

160

115

Related Allowance

Recorded Investment

163

196

Unpaid Principal Balance

237

267

Average Recorded Investment

147

Recorded Investment

181

200

Unpaid Principal Balance

317

300

Average Recorded Investment

206

Recorded Investment

143

175

Unpaid Principal Balance

194

246

Average Recorded Investment

141

Recorded Investment

Unpaid Principal Balance

Average Recorded Investment

Recorded Investment

^[1]

Unpaid Principal Balance

^[1]

Average Recorded Investment

^[1]

Recorded Investment

Unpaid Principal Balance

Average Recorded Investment

Recorded Investment

Unpaid Principal Balance

Average Recorded Investment

Recorded Investment

^[1]

2,819

3,043

Unpaid Principal Balance

^[1]

3,300

3,532

Related Allowance

^[1]

493

442

Average Recorded Investment

^[1]

2,578

Interest Income Recognized

^[1]

Recorded Investment

548

512

Unpaid Principal Balance

581

534

Related Allowance

108

Average Recorded Investment

445

Interest Income Recognized

Recorded Investment

384

484

Unpaid Principal Balance

418

556

Related Allowance

Average Recorded Investment

317

Interest Income Recognized

Recorded Investment

477

516

Unpaid Principal Balance

519

565

Related Allowance

Average Recorded Investment

438

Interest Income Recognized

Recorded Investment

Unpaid Principal Balance

Related Allowance

Average Recorded Investment

Recorded Investment

150

155

Unpaid Principal Balance

159

161

Related Allowance

Average Recorded Investment

138

Interest Income Recognized

Recorded Investment

Unpaid Principal Balance

Related Allowance

Average Recorded Investment

Interest Income Recognized

Recorded Investment

^[1]

611

663

Unpaid Principal Balance

^[1]

626

690

Related Allowance

^[1]

133

153

Average Recorded Investment

^[1]

594

Interest Income Recognized

^[1]

Recorded Investment

Unpaid Principal Balance

Related Allowance

Average Recorded Investment

Recorded Investment

Unpaid Principal Balance

Related Allowance

$ 2

Average Recorded Investment

Interest Income Recognized

$ 1

[1]	Residential mortgage loans exclude $160 million and $115 million in government guaranteed loans and related allowance of $15 million and $14 million as of June 30, 2011 and December 31, 2010, respectively.

Goodwill and Other Intangible Assets (Changes in Carrying Amounts of Goodwill Attributable to Each Operating Segment) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2011 USD ($)
Goodwill impairment	$ 0
Goodwill, beginning balance	6,008
Contingent consideration	8
Goodwill, ending balance	6,016
Community Banking [Member]
Goodwill, beginning balance	4,519
Contingent consideration
Goodwill, ending balance	4,519
Residential Mortgage Banking [Member]
Goodwill, beginning balance	7
Contingent consideration
Goodwill, ending balance	7
Sales Finance [Member]
Goodwill, beginning balance	93
Contingent consideration
Goodwill, ending balance	93
Specialized Lending [Member]
Goodwill, beginning balance	104
Contingent consideration
Goodwill, ending balance	104
Insurance Services [Member]
Goodwill, beginning balance	1,067
Contingent consideration	8
Goodwill, ending balance	1,075
Financial Services [Member]
Goodwill, beginning balance	192
Contingent consideration
Goodwill, ending balance	192
All Other [Member]
Goodwill, beginning balance	26
Contingent consideration
Goodwill, ending balance	$ 26

Goodwill and Other Intangible Assets (Identifiable Intangible Assets) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Gross Carrying Amount

$ 1,378

Accumulated Amortization

(921)

(870)

Intangible assets, net (excluding goodwill), total

457

508

Core Deposit Intangibles [Member]

Gross Carrying Amount

626

Accumulated Amortization

(462)

(438)

Intangible assets, net (excluding goodwill), total

164

188

Other Identifiable Intangible Assets [Member]

Gross Carrying Amount

^[1]

752

Accumulated Amortization

^[1]

(459)

(432)

Intangible assets, net (excluding goodwill), total

^[1]

$ 293

$ 320

[1]	Other identifiable intangibles are primarily customer relationship intangibles.

Loan Servicing (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2011	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Total residential mortgage servicing portfolio	$ 86,800	$ 86,800		$ 83,600
Unpaid principal balances of residential mortgage loans serviced for others	$ 65,900	65,900		61,800
Mortgage loans with unpaid principal balances, sold		8,600	$ 8,700
Recognized pre-tax gains on mortgage loans sold		$ 61	$ 86
Approximate weighted average servicing fee	0.34%	0.34%	0.36%
Weighted average coupon interest rate on the portfolio of mortgage loans serviced for others	5.14%	5.14%	5.43%
Recognized servicing fees		$ 118	$ 111
Residential mortgage loans sold with recourse liability	$ 1,500	1,500		1,600
Maximum recourse exposure	557	557		597
Reserves related to recourse exposures	7	7		6
Reserves related to potential losses resulting from repurchases of loans sold		20		15
Reduction in the value of residential mortgage servicing rights due to revised servicing cost assumptions	10
Origination of commercial real estate mortgages		1,900	$ 908
Unpaid principal balances of commercial mortgage loans serviced for others	24,400	24,400		24,100
Commercial mortgage loans serviced for others that were covered by recourse provisions	4,500	4,500		4,400
Maximum exposure to loss for commercial mortgage loans serviced for others that were covered by recourse provisions	1,200	1,200		1,200
Commercial Mortgage Servicing Rights [Member]
Reserves related to recourse exposures	$ 21	$ 21		$ 19

Loan Servicing (Residential Mortgage Loans Managed or Securitized and Related Delinquencies and Net Charge-Offs) (Details) - USD ($)
$ in Millions

6 Months Ended

12 Months Ended

Jun. 30, 2011

Dec. 31, 2010

Loan Servicing

Mortgage Loans managed or securitized

^[1]

$ 22,963

$ 23,692

Less: Loans securitized and transferred to securities available for sale

Loans held for sale

1,745

3,068

Covered mortgage loans

1,378

1,446

Mortgage loans sold with recourse

1,464

1,624

Mortgage loans held for investment

18,372

17,550

Mortgage loans on nonaccrual status

^[2]

292

466

Mortgage loans 90 days past due and still accruing interest

^[2]

143

Mortgage loans net charge-offs

^[3]

$ 181

$ 390

[1]	Balances exclude loans serviced for others, with no other continuing involvement.
[2]	Includes amounts related to residential mortgage loans held for sale and excludes amounts related to government guaranteed loans. Refer to Note 3 for additional disclosures related to past due government guaranteed loans.
[3]	Net charge-offs for June 30, 2011 reflect six months.

Loan Servicing (Analysis of Activity in Residential Mortgage Servicing Rights) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2011

Jun. 30, 2010

Loan Servicing

Carrying value, beginning balance

$ 830

$ 832

Additions

126

122

Due to changes in valuation inputs or assumptions

$ (60)

$ (232)

(20)

(227)

Other changes

(29)

(31)

(57)

^[1]

(62)

^[1]

Carrying value, ending balance

$ 879

$ 665

$ 879

$ 665

[1]	Represents the realization of expected net servicing cash flows, expected borrower payments and the passage of time.

- Definition

Fair value as of the balance sheet date of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.

+ References + Details

Loan Servicing (Residential Mortgage Servicing Rights Sensitivity) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2010	Dec. 31, 2009
Residential mortgage servicing rights	$ 879	$ 830	$ 665	$ 832
Residential Mortgage Servicing Rights [Member]
Residential mortgage servicing rights	$ 879
Total	100.00%
Weighted average life, in years	5.9
Prepayment speed	11.70%
Effect on fair value of a 10% increase	$ (37)
Effect on fair value of a 20% increase	$ (70)
Weighted average discount rate	10.30%
Effect on fair value of a 10% increase	$ (36)
Effect on fair value of a 20% increase	$ (68)
Fixed-Rate Residential Mortgage [Member]
Percentage of mortgage loans serviced for others	99.00%
Adjustable Rate Residential Mortgage [Member]
Percentage of mortgage loans serviced for others	1.00%

Loan Servicing (Analysis of Activity in Commercial Mortgage Servicing Rights) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Loan Servicing
Carrying value, beginning balance	$ 103	$ 101
Additions	15	8
Amortization expense	(11)	(9)
Carrying value, ending balance	$ 107	$ 100

- Definition

Amortized carrying amount (balance) as of the balance sheet date of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 17
-Subparagraph g(1)(a)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 13A, 13B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6777056&loc=d3e120260-111741

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6469459&loc=d3e122501-111745

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 4
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=6863725&loc=d3e122739-111746

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6469459&loc=d3e122492-111745

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph B10
-Subparagraph a(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Loan Servicing (Commercial Mortgage Servicing Rights Sensitivity) (Details) - Commercial Mortgage Servicing Rights [Member] $ in Millions	6 Months Ended
	Jun. 30, 2011 USD ($)
Fair value of commercial mortgage servicing rights	$ 124
Weighted average life, in years	7.1
Prepayment speed	0.00%
Weighted Average Discount Rate	12.30%
Effect on fair value of a 10% increase	$ (4)
Effect on fair value of a 20% increase	$ (8)

Deposits (Narrative) (Details) - USD ($) $ in Billions	Jun. 30, 2011	Dec. 31, 2010
Deposits
Time deposits $100,000 and greater	$ 12.0	$ 10.6

Deposits (Summary of Deposits Disclosure) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Noninterest-bearing deposits	$ 22,507	$ 20,637
Interest-bearing deposits	85,557	86,576
Total deposits	108,064	107,213
Interest Checking [Member]
Interest-bearing deposits	3,733	4,050
Other Client Deposits [Member]
Interest-bearing deposits	56,921	54,040
Client Certificates of Deposit [Member]
Interest-bearing deposits	20,399	21,317
Other Interest-Bearing Deposits [Member]
Interest-bearing deposits	$ 4,504	$ 7,169

Long-Term Debt (Schedule of Long-Term Debt) (Details)
$ in Millions

6 Months Ended

Jun. 30, 2011

USD ($)

Dec. 31, 2010

USD ($)

Long-term debt

$ 23,380

$ 21,730

Federal Home Loan Bank advances weighted average cost

3.70%

Federal Home Loan Bank advances weighted average maturity (in years)

6.0

Effective interest rate on floating rate senior notes

3.25%

Debt Instrument, Interest Rate, Effective Percentage Rate Range, Minimum

0.94%

Debt Instrument, Interest Rate, Effective Percentage Rate Range, Maximum

3.69%

Junior Subordinated Debt to Unconsolidated Trusts [Member]

Long-term debt

^[1]

$ 3,270

3,269

Senior Notes 3.10% Due 2011 [Member] | Parent Company [Member]

Interest Rate

3.10%

Debt instrument, year of maturity

Dec. 31, 2011

Long-term debt

$ 250

250

Senior Notes 3.85% Due 2012 [Member] | Parent Company [Member]

Interest Rate

3.85%

Debt instrument, year of maturity

Dec. 31, 2012

Long-term debt

$ 1,000

1,000

Senior Notes 3.38% Due 2013 [Member] | Parent Company [Member]

Interest Rate

3.38%

Debt instrument, year of maturity

Dec. 31, 2013

Long-term debt

$ 500

500

Senior Notes 5.70% Due 2014 [Member] | Parent Company [Member]

Interest Rate

5.70%

Debt instrument, year of maturity

Dec. 31, 2014

Long-term debt

$ 509

510

Senior Notes 2.05% Due 2014 [Member] | Parent Company [Member]

Interest Rate

2.05%

Debt instrument, year of maturity

Dec. 31, 2014

Long-term debt

^[2]

$ 700

Floating Rate Senior Notes Due 2014 [Member] | Parent Company [Member]

Debt instrument, year of maturity

Dec. 31, 2014

Long-term debt

^[3]

$ 300

Senior Notes 3.95% Due 2016 [Member] | Parent Company [Member]

Interest Rate

3.95%

Debt instrument, year of maturity

Dec. 31, 2016

Long-term debt

$ 499

499

Senior Notes 3.20% Due 2016 [Member] | Parent Company [Member]

Interest Rate

3.20%

Debt instrument, year of maturity

Dec. 31, 2016

Long-term debt

^[2]

$ 999

Senior Notes 6.85% Due 2019 [Member] | Parent Company [Member]

Interest Rate

6.85%

Debt instrument, year of maturity

Dec. 31, 2019

Long-term debt

^[2]

$ 538

538

Subordinated Notes 6.50% Due 2011 [Member] | Parent Company [Member]

Interest Rate

6.50%

Debt instrument, year of maturity

Dec. 31, 2011

Long-term debt

^[4]

$ 611

610

Subordinated Notes 4.75% Due 2012 [Member] | Parent Company [Member]

Interest Rate

4.75%

Debt instrument, year of maturity

Dec. 31, 2012

Long-term debt

^[4]

$ 490

490

Subordinated Notes 5.20% Due 2015 [Member] | Parent Company [Member]

Interest Rate

5.20%

Debt instrument, year of maturity

Dec. 31, 2015

Long-term debt

^[4]

$ 932

932

Subordinated Notes 4.90% Due 2017 [Member] | Parent Company [Member]

Interest Rate

4.90%

Debt instrument, year of maturity

Dec. 31, 2017

Long-term debt

^[2],[4]

$ 341

339

Subordinated Notes 5.25% Due 2019 [Member] | Parent Company [Member]

Interest Rate

5.25%

Debt instrument, year of maturity

Dec. 31, 2019

Long-term debt

^[2],[4]

$ 586

586

Floating Rate Subordinated Notes Due 2016 [Member] | Branch Bank [Member]

Debt instrument, year of maturity

Dec. 31, 2016

Long-term debt

^[4],[5]

$ 350

350

Floating Rate Subordinated Notes Due 2017 [Member] | Branch Bank [Member]

Debt instrument, year of maturity

Dec. 31, 2017

Long-term debt

^[4],[5]

$ 261

261

Subordinated Notes 4.875% Due 2013 [Member] | Branch Bank [Member]

Interest Rate

4.875%

Debt instrument, year of maturity

Dec. 31, 2013

Long-term debt

^[4]

$ 222

222

Subordinated Notes 5.625% Due 2016 [Member] | Branch Bank [Member]

Interest Rate

5.625%

Debt instrument, year of maturity

Dec. 31, 2016

Long-term debt

^[2],[4]

$ 386

386

Varying maturities to 2034 [Member] | Federal Home Loan Bank Advances to Branch Bank [Member]

Debt instrument, year of maturity

Dec. 31, 2034

Long-term debt

^[6]

$ 9,889

10,243

Other Long-Term Debt [Member]

Long-term debt

108

123

Fair Value Hedge-Related Basis Adjustments [Member]

Long-term debt

$ 639

$ 622

Floating-Rate Securities [Member]

Effective interest rate on floating rate senior notes

0.97%

[1]	Securities that qualify under the risk-based capital guidelines as Tier 1 capital, subject to certain limitations. Refer to BB&T's Annual Report on Form 10-K for the year ended December 31, 2010 for additional information.
[2]	These fixed rate notes were swapped to floating rates based on LIBOR. At June 30, 2011, the effective rates paid on these borrowings ranged from 0.94% to 3.69%.
[3]	These floating-rate senior notes are based on LIBOR and had an effective rate of 0.97% at June 30, 2011.
[4]	Subordinated notes that qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.
[5]	These floating-rate securities are based on LIBOR, but the majority of the cash flows have been swapped to a fixed rate. The effective rate paid on these securities including the effect of cash flow hedges was 3.25% at June 30, 2011.
[6]	Certain of these advances have been swapped to floating rates from fixed rates and from fixed rates to floating rates. At June 30, 2011, the weighted average rate paid on these advances including the effect of hedges was 3.70%, and the weighted average maturity was 6.0 years.

Shareholders' Equity (Narrative) (Details) - $ / shares shares in Thousands	Jun. 30, 2011	Dec. 31, 2010
Shareholders' Equity
Common stock shares authorized	2,000,000	2,000,000
Common shares, par value	$ 5	$ 5
Common shares outstanding	696,894	694,381
Preferred shares authorized	5,000	5,000
Preferred shares outstanding	0	0

Shareholders' Equity (Schedule of Assumptions Used to Calculate Fair Value of Options Granted) (Details) - $ / shares	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Shareholders' Equity
Risk-free interest rate	1.70%	2.00%
Dividend yield	3.50%	5.40%
Volatility factor	37.20%	36.00%
Expected life (in years)	7.4	7.2
Fair value of options per share	$ 7.45	$ 5.60

Shareholders' Equity (Stock Options Activity Roll Forward) (Details)	6 Months Ended
	Jun. 30, 2011 $ / shares shares
Stock Options [Member]
Options, Outstanding at beginning of period \| shares	44,690,131
Options, Granted \| shares	3,755,975
Options, Exercised \| shares	(33,198)
Options, Forfeited or expired \| shares	(2,609,000)
Options, Outstanding at end of period \| shares	45,803,908
Options, Exercisable at end of period \| shares	34,303,021
Wtd. Avg. Exercise Price [Member]
Wtd. Avg. Exercise Price, Outstanding at beginning of period \| $ / shares	$ 35.06
Wtd. Avg. Exercise Price, Granted \| $ / shares	27.73
Wtd. Avg. Exercise Price, Exercised \| $ / shares	17.89
Wtd. Avg. Exercise Price, Forfeited or expired \| $ / shares	36.30
Wtd. Avg. Exercise Price, Outstanding at end of period \| $ / shares	34.40
Wtd. Avg. Exercise Price, Exercisable at end of period \| $ / shares	$ 36.38

Shareholders' Equity (Restricted Shares and Restricted Share Units Activity Roll Forward) (Details)	6 Months Ended
	Jun. 30, 2011 $ / shares shares
Shares/Units [Member]
Nonvested shares/units at beginning of period \| shares	13,283,786
Granted, shares/units \| shares	2,554,528
Vested, shares/units \| shares	(1,803,878)
Forfeited, shares/units \| shares	(325,913)
Nonvested shares/units at end of period \| shares	13,708,523
Weighted-Average Grant Date Fair Value [Member]
Nonvested at beginning of period, Wtd. Avg. Exercise Price \| $ / shares	$ 20.06
Granted, Wtd. Avg. Exercise Price \| $ / shares	24.15
Vested, Wtd. Avg. Exercise Price \| $ / shares	29.99
Forfeited, Wtd. Avg. Exercise Price \| $ / shares	21.43
Nonvested at end of period, Wtd. Avg. Exercise Price \| $ / shares	$ 19.48

Accumulated Other Comprehensive Income (Loss) (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Accumulated Other Comprehensive Income (Loss)
Unrealized loss on impaired securities, pre-tax	$ 94	$ 115

Accumulated Other Comprehensive Income (Loss) (Balances in Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Unrealized net gains (losses) on cash flow hedges

$ (142)

$ (75)

Total

(574)

(747)

Unrealized pretax gain on securities covered by FDIC loss share agreements

395

305

Pre-Tax [Member]

Unrecognized net pension and postretirement costs

(572)

(587)

Unrealized net gains (losses) on cash flow hedges

(142)

(75)

Unrealized net gains (losses) on securities available for sale

195

(250)

Unrecognized loss on securities held to maturity

^[1]

(34)

FDIC's share of unrealized (gains) losses on securities available for sale under the loss share agreements

^[2]

(365)

(281)

Foreign currency translation adjustment

(6)

Total

(924)

(1,199)

Deferred Tax Expenses [Member]

Unrecognized net pension and postretirement costs

(213)

(219)

Unrealized net gains (losses) on cash flow hedges

(53)

(28)

Unrealized net gains (losses) on securities available for sale

(93)

Unrecognized loss on securities held to maturity

^[1]

(13)

FDIC's share of unrealized (gains) losses on securities available for sale under the loss share agreements

^[2]

(136)

(105)

Foreign currency translation adjustment

(8)

(7)

Total

(350)

(452)

Accumulated Other Comprehensive Income (Loss) [Member]

Unrecognized net pension and postretirement costs

(359)

(368)

Unrealized net gains (losses) on cash flow hedges

(89)

(47)

Unrealized net gains (losses) on securities available for sale

122

(157)

Unrecognized loss on securities held to maturity

^[1]

(21)

FDIC's share of unrealized (gains) losses on securities available for sale under the loss share agreements

^[2]

(229)

(176)

Foreign currency translation adjustment

Total

$ (574)

$ (747)

[1]

Represents unrealized losses on certain available for sale securities that were transferred to held to maturity classification. These losses are being amortized and recognized in net income over the remaining expected life of the underlying securities.

[2]

Accumulated Other Comprehensive Income (Loss) (Components of Total Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Accumulated Other Comprehensive Income (Loss)
Net income, Pre-Tax	$ 418	$ 249	$ 705	$ 491
Provision for income taxes	91	25	144	73
Net income, net of tax	327	224	561	418
Unrealized net holding gains (losses) arising during the period on securities available for sale, Pre-Tax	277	551	409	855
Unrealized net holding gains (losses) arising during the period on securities available for sale, Tax Effect	103	209	152	325
Unrealized net holding gains (losses) arising during the period on securities available for sale, After-Tax	174	342	257	530
Reclassification adjustment for (gains) losses on securities available for sale included in net income, Pre-Tax	2	(219)	2	(216)
Reclassification adjustment for (gains) losses on securities available for sale included in net income, Tax Effect	1	(83)	1	(82)
Reclassification adjustment for (gains) losses on securities available for sale included in net income, After-Tax	1	(136)	1	(134)
Net change in amounts attributable to the FDIC under the loss share agreements, Pre-Tax	7	(82)	(84)	(126)
Net change in amounts attributable to the FDIC under the loss share agreements, Tax Effect	3	(31)	(31)	(48)
Net change in amounts attributable to the FDIC under the loss share agreements, After-Tax	4	(51)	(53)	(78)
Net change in unrecognized gains (losses) on cash flow hedges, Pre-Tax	(82)	(145)	(67)	(215)
Net change in unrecognized gains (losses) on cash flow hedges, Tax Effect	(31)	(55)	(25)	(82)
Net change in unrecognized gains (losses) on cash flow hedges, After-Tax	(51)	(90)	(42)	(133)
Net change in foreign currency translation adjustment, Pre-Tax		(1)		(1)
Net change in foreign currency translation adjustment, Tax Effect		1	(1)
Net change in foreign currency translation adjustment, After-Tax		(2)	1	(1)
Net change in pension and postretirement liability, Pre-Tax	7	(13)	15	(7)
Net change in pension and postretirement liability, Tax Effect	3	(5)	6	(3)
Net change in pension and postretirement liability, After-Tax	4	(8)	9	(4)
Total comprehensive income (loss), Pre-Tax	629	340	980	781
Total comprehensive income (loss), Tax Effect	170	61	246	183
Total comprehensive income (loss) (Note 10)	$ 459	$ 279	$ 734	$ 598

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Feb. 28, 2010
Income Taxes
Provision for income taxes	$ 91	$ 25	$ 144	$ 73
Effective income tax rate	21.80%	10.00%	20.40%	14.90%
Liability for taxes, penalties and interest					$ 892

Benefit Plans (Narrative) (Details) $ in Millions	6 Months Ended
Benefit Plans (Narrative) (Details) $ in Millions	Jun. 30, 2010 USD ($)
Benefit Plans
Discretionary contributions made to the qualified pension plan	$ 61

Benefit Plans (Summary of the Components of Net Periodic Benefit Cost Recognized for Pension Plans) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Qualified [Member]
Service cost	$ 27	$ 20	$ 53	$ 40
Interest cost	23	21	46	42
Estimated return on plan assets	(49)	(45)	(98)	(89)
Amortization and other	6	6	13	11
Net periodic benefit cost	7	2	14	4
Nonqualified [Member]
Service cost	1	1	3	2
Interest cost	3	2	5	4
Amortization and other	1		2	1
Net periodic benefit cost	$ 5	$ 3	$ 10	$ 7

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

+ Details

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Carrying amount of the liability for letters of credit	$ 42	$ 41
Investments in affordable housing and historic building rehabilitation projects	1,200	1,200
Commitments to fund affordable housing investments	296	334
Outstanding loan commitments for affordable housing and historic rehabilitation projects	187	135
Outstanding loan balance for affordable housing and historic rehabilitation projects	63	36
Maximum risk exposure related to affordable housing and historic rehabilitation projects	1,300	1,300
Investments in venture capital funds	247	266
Future funding commitments	159	185
Notional/Contract Amount [Member]
Standby and commercial letters of credit	6,387	7,291
Commitments to fund affordable housing investments	296	334
Fair Value [Member]
Standby and commercial letters of credit	42	41
Commitments to fund affordable housing investments	$ 280	$ 316

Fair Value Disclosures (Narrative) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2011

Jun. 30, 2010

Dec. 31, 2010

Valuation adjustment related to the mortgage servicing assets

$ (60)

$ (232)

$ (20)

$ (227)

Realization of the expected net servicing cash flows

(29)

(31)

(57)

^[1]

(62)

^[1]

Derivative instruments related to MSR losses

(59)

(241)

Assets measured at fair value

^[2]

23,888

$ 29,007

Assets measured at fair value on a nonrecurring basis, impaired loans

776

705

Assets measured at fair value on a nonrecurring basis, foreclosed real estate

1,200

1,300

119

256

222

415

$ 193

171

318

Loans held for sale, carried at the lower of cost or market

116

Income statement effect of changes in fair value produced gains

$ 240

Fair Value, Measurements, Nonrecurring [Member]

Assets measured at fair value

$ 2,000

[1]	Represents the realization of expected net servicing cash flows, expected borrower payments and the passage of time.
[2]	Excludes loans held for sale carried at the lower of cost or market.

Fair Value Disclosures (Schedule of Assets and Liabilities Measured at Fair Value) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Jun. 30, 2010

Dec. 31, 2009

Trading securities

$ 564

$ 633

Securities available for sale

19,409

23,169

Loans held for sale, at fair value

^[1]

1,849

3,176

Residential mortgage servicing rights

879

830

$ 665

$ 832

Venture capital and similar investments

^[2],[3]

247

266

Assets measured at fair value

^[1]

23,888

29,007

Short-term borrowed funds

^[4]

268

233

Total liabilities

1,237

1,235

Level 1 [Member]

Trading securities

204

276

Assets measured at fair value

^[1]

398

424

Total liabilities

Level 2 [Member]

Trading securities

359

346

Loans held for sale, at fair value

^[1]

1,849

3,176

Assets measured at fair value

^[1]

21,287

26,384

Short-term borrowed funds

^[4]

268

233

Total liabilities

1,226

1,188

Level 3 [Member]

Trading securities

Residential mortgage servicing rights

879

830

Venture capital and similar investments

^[2],[3]

247

266

Assets measured at fair value

^[1]

2,203

2,199

Total liabilities

U.S. Government-Sponsored Entities ("GSE") [Member]

Securities available for sale

103

U.S. Government-Sponsored Entities ("GSE") [Member] | Level 2 [Member]

Securities available for sale

103

Mortgage-Backed Securities Issued by GSE [Member]

Securities available for sale

15,231

18,344

Mortgage-Backed Securities Issued by GSE [Member] | Level 2 [Member]

Securities available for sale

15,231

18,344

States and Political Subdivisions [Member]

Securities available for sale

1,822

1,909

States and Political Subdivisions [Member] | Level 2 [Member]

Securities available for sale

1,822

1,790

States and Political Subdivisions [Member] | Level 3 [Member]

Securities available for sale

119

Non-Agency Mortgage-Backed Securities [Member]

Securities available for sale

424

515

Non-Agency Mortgage-Backed Securities [Member] | Level 2 [Member]

Securities available for sale

424

515

Other Securities [Member]

Securities available for sale

197

759

Other Securities [Member] | Level 1 [Member]

Securities available for sale

194

147

Other Securities [Member] | Level 2 [Member]

Securities available for sale

605

Other Securities [Member] | Level 3 [Member]

Securities available for sale

Covered Securities [Member]

Securities available for sale

1,657

1,539

Covered Securities [Member] | Level 2 [Member]

Securities available for sale

594

585

Covered Securities [Member] | Level 3 [Member]

Securities available for sale

1,063

954

Interest Rate Contract [Member]

Derivative assets

^[3]

936

926

Derivative liabilities

^[3]

966

996

Interest Rate Contract [Member] | Level 1 [Member]

Derivative assets

^[3]

Derivative liabilities

^[3]

Interest Rate Contract [Member] | Level 2 [Member]

Derivative assets

^[3]

923

913

Derivative liabilities

^[3]

955

949

Interest Rate Contract [Member] | Level 3 [Member]

Derivative assets

^[3]

Derivative liabilities

^[3]

Foreign Exchange Contracts [Member]

Derivative assets

^[3]

Derivative liabilities

^[3]

Foreign Exchange Contracts [Member] | Level 2 [Member]

Derivative assets

^[3]

Derivative liabilities

^[3]

$ 3

$ 6

[1]	Excludes loans held for sale carried at the lower of cost or market.
[2]	Based on an analysis of the nature and risks of these investments, BB&T has determined that presenting these investments as a single class is appropriate.
[3]	These amounts are reflected in other assets and other liabilities on the Consolidated Balance Sheets.
[4]	Short-term borrowed funds reflect securities sold short positions.

Fair Value Disclosures (Roll Forward of Level 3 Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Realized gains, net	$ 16	$ 224	$ 37	$ 227
Mortgage banking income	(83)	(110)	(178)	(199)
Trading [Member]
Beginning balance	1	19	11	93
Other noninterest income			(3)
Purchases, issuances and settlements		(8)		(6)
Purchases	2		2
Sales	(9)		(9)
Settlements	7
Transfers out of Level 3				(76)
Ending balance	1	11	1	11
States and Political Subdivisions [Member]
Beginning balance	52	201	119	210
Included in other comprehensive income (loss)		(2)	(9)	(1)
Purchases, issuances and settlements		(46)		(56)
Settlements	(52)		(53)
Transfers out of Level 3		(17)	(57)	(17)
Ending balance		136		136
Other Securities [Member]
Beginning balance		9	7	9
Included in other comprehensive income (loss)		(1)	(1)	(1)
Settlements			(1)
Transfers out of Level 3			(5)
Ending balance		8		8
Covered Securities [Member]
Beginning balance	1,059	726	954	668
Interest income	8	18	26	34
Included in other comprehensive income (loss)	(4)	74	83	116
Ending balance	1,063	818	1,063	818
Net unrealized gains (losses) included in net income relating to level three assets and liabilities at end of period	8	18	26	34
Mortgage Servicing Rights [Member]
Beginning balance	928	875	830	832
Mortgage banking income	(89)	(263)	(77)	(289)
Purchases, issuances and settlements		53		122
Issuances	40		126
Ending balance	879	665	879	665
Net unrealized gains (losses) included in net income relating to level three assets and liabilities at end of period	(60)	(232)	(20)	(227)
Net Derivatives [Member]
Beginning balance	7	1	(25)	(20)
Mortgage banking income	43	36	26	53
Purchases, issuances and settlements		11		15
Issuances	10		21
Settlements	(57)		(19)
Ending balance	3	48	3	48
Net unrealized gains (losses) included in net income relating to level three assets and liabilities at end of period	3	48	3	48
Venture Capital and Similar Investments [Member]
Beginning balance	272	261	266	281
Other noninterest income	7	6	15	9
Purchases, issuances and settlements		5		(18)
Purchases	7		12
Sales	(30)		(36)
Settlements	(6)		(7)
Transfers into Level 3	1		1
Transfers out of Level 3	(4)		(4)
Ending balance	247	272	247	272
Net unrealized gains (losses) included in net income relating to level three assets and liabilities at end of period	$ 5	$ 4	$ 12	$ 3

Fair Value Disclosures (Fair Value and Unpaid Principal Balance of Loans Held for Sale) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Held for sale

$ 1,965

$ 3,697

Nonaccrual loans

^[1]

2,177

2,670

Loans 90 days or more past due and still accruing interest

^[2],[3],[4]

203

295

Fair Value [Member]

Held for sale

^[5],[6]

1,849

3,176

Loans 90 days or more past due and still accruing interest

Aggregate Unpaid Principal Balance [Member]

Held for sale

^[5],[6]

1,820

3,192

Loans 90 days or more past due and still accruing interest

Fair Value Less Aggregate Unpaid Principal Balance [Member]

Held for sale

^[5],[6]

$ 29

$ (16)

[1]	Covered and other acquired loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due 90 days or more and still accruing are noted below.
[2]	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $935 million and $1.1 billion as of June 30, 2011 and December 31, 2010, respectively.
[3]	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase totaling $389 million and $425 million as of June 30, 2011 and December 31, 2010, respectively.
[4]	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $162 million and $153 million as of June 30, 2011 and December 31, 2010, respectively.
[5]	Excludes loans held for sale carried at the lower of cost or market.
[6]	The change in fair value is reflected in mortgage banking income.

- Definition

The aggregate carrying amount of loans receivable that will be sold to other entities. Includes mortgage and all other loans (collectively, loans) not classified as held for investment. Such loans are stated at the lower of cost or market, or elected fair value. Mortgage loans exclude mortgage-backed securities which are considered a debt security (other loan).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 9
-Section 03
-Paragraph 7
-Subparagraph a

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 65
-Paragraph 4, 5, 6, 7, 9, 12, 28, 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 65
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher OTS
-Name Federal Regulation (FR)
-Number Title 12
-Chapter V
-Section 563c.102
-Subsection I
-Paragraph 8
-Subparagraph h
-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6375948&loc=d3e4428-111522

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.7(a))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 948
-SubTopic 310
-Section 30
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6490209&loc=d3e48214-111002

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 35
-Paragraph 49
-URI http://asc.fasb.org/extlink&oid=6949992&loc=d3e3084-111518

+ Details

Fair Value Disclosures (Carrying Amounts and Fair Values of Financial Assets and Liabilities Not Recorded at Fair Value) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Securities held to maturity

$ 8,552

Deposits

108,064

$ 107,213

Long-term debt

23,380

21,730

Fair Value [Member]

Securities held to maturity

^[1]

8,605

Loans and leases, net of allowance for loan and lease losses, not recorded at fair value

^[2],[3]

99,915

100,360

Deposits

105,416

104,091

Long-term debt

24,421

22,733

Carrying Amount [Member]

Securities held to maturity

^[1]

8,552

Loans and leases, net of allowance for loan and lease losses, not recorded at fair value

^[2],[3]

100,985

101,380

Deposits

108,064

107,213

Long-term debt

$ 23,380

$ 21,730

[1]	The carrying value excludes amounts deferred in other comprehensive income resulting from the transfer of securities available for sale to securities held to maturity. Refer to Note 10 for additional disclosures.
[2]	Includes loans held for sale carried at the lower of cost or market.
[3]	The carrying value is net of the allowance for loan and lease losses.

- Definition

+ References

+ Details

Fair Value Disclosures (Notional or Contractual Amounts and Fair Values of Off-Balance Sheet Financial Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2011	Dec. 31, 2010
Residential mortgage loans sold with recourse	$ 1,464	$ 1,624
Commitments to fund affordable housing investments	296	334
Notional/Contract Amount [Member]
Commitments to extend, originate or purchase credit	38,703	36,917
Residential mortgage loans sold with recourse	1,464	1,624
Other loans sold with recourse	4,535	4,352
Letters of credit and financial guarantees written	6,387	7,291
Commitments to fund affordable housing investments	296	334
Fair Value [Member]
Commitments to extend, originate or purchase credit	68	65
Residential mortgage loans sold with recourse	7	6
Other loans sold with recourse	21	19
Letters of credit and financial guarantees written	42	41
Commitments to fund affordable housing investments	$ 280	$ 316

Derivative Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Dec. 31, 2010
Unrealized net gains (losses) on cash flow hedges	$ (142)		$ (142)		$ (75)
Estimated amount in accumulated other comprehensive income expected to be reclassified within twelve months			(38)
Proceeds from terminated fair value hedges			16	$ 152
Pre-tax benefits from reductions of interest expense from previous hedge unwinds			92	24
Valuation adjustment related to the mortgage servicing assets	(60)	$ (232)	(20)	(227)
Hedged investment in foreign subsidiary	73		73		73
Unrecognized pre-tax losses related to cumulative changes in fair value of net investment hedge, reflected in accumulated other comprehensive income			13		11
Cash collateral to secure loss from counterparty related to derivative credit risk	37		37		33
Cash collateral posted related to derivative activities	550		550		605
Derivatives in a gain position for which collateral has been received			41
Derivatives in a loss position for which collateral has been posted	524		524		612
Required increase in posted collateral for ratings downgrade	8		8		10
Unsecured position with derivative dealers	6		6
Pre-Tax [Member]
Unrealized net gains (losses) on cash flow hedges	(142)		(142)		$ (75)
Mortgage Servicing Rights [Member]
Gain (loss) on derivatives not designated as a hedge			20	240
Interest Rate Contract [Member] \| Cash Flow Hedges [Member]
Amortized unrecognized pre-tax gains (losses) from accumulated other comprehensive income (loss) into net interest income	$ (8)	$ 8	$ (14)	$ 19

Derivative Financial Instruments (Derivative Classifications and Hedging Relationships) (Details) - USD ($)
$ in Millions

Jun. 30, 2011

Dec. 31, 2010

Derivative Asset, Fair Value

^[1]

$ 940

$ 933

Derivative Financial Instruments, Notional Values

58,060

65,386

Derivative Liability, Fair Value

^[1]

(969)

(1,002)

Net Investment Hedging [Member]

Notional Amount of Derivatives as Net Investment Hedge

Net Investment Hedge Derivative Instrument Assets at Fair Value

^[1]

Net Investment Hedge Derivative Instrument Liabilities at Fair Value

^[1]

(2)

Net Investment Hedging [Member] | Foreign Exchange Contract [Member]

Notional Amount of Derivatives as Net Investment Hedge

Net Investment Hedge Derivative Instrument Assets at Fair Value

^[1]

Net Investment Hedge Derivative Instrument Liabilities at Fair Value

^[1]

(2)

Cash Flow Hedges [Member]

Designated Notional Values, Derivatives as Cash Flow Hedges

^[2]

5,950

6,150

Cash Flow Hedge Derivative Instrument Assets at Fair Value

^[1],[2]

Cash Flow Hedge Derivative Instrument Liabilities at Fair Value

^[1],[2]

(222)

(181)

Cash Flow Hedges [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member] | 3 Month LIBOR Funding [Member]

Designated Notional Values, Derivatives as Cash Flow Hedges

^[2]

5,950

Cash Flow Hedge Derivative Instrument Assets at Fair Value

^[1],[2]

Cash Flow Hedge Derivative Instrument Liabilities at Fair Value

^[1],[2]

(222)

(181)

Cash Flow Hedges [Member] | Interest Rate Contract [Member] | Caps [Member] | 3 Month LIBOR Funding [Member]

Designated Notional Values, Derivatives as Cash Flow Hedges

^[2]

200

Fair Value Hedges [Member] | Interest Rate Contract [Member]

Notional Value of Derivatives as Fair Value Hedge

5,015

1,569

Fair Value Hedge Assets

^[1]

119

Fair Value Hedge Liabilities

^[1]

(79)

(75)

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member] | Commercial Loans [Member]

Notional Value of Derivatives as Fair Value Hedge

Fair Value Hedge Liabilities

^[1]

(1)

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member] | Municipal Securities [Member]

Notional Value of Derivatives as Fair Value Hedge

355

Fair Value Hedge Liabilities

^[1]

(78)

(75)

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Receive Fixed Swaps and Option Trades [Member] | Long-term Debt [Member]

Notional Value of Derivatives as Fair Value Hedge

4,571

1,160

Fair Value Hedge Assets

^[1]

119

Not Designated as Hedging Instrument [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

47,022

57,594

Derivative Asset, Fair Value

^[1]

817

902

Derivative Liability, Fair Value

^[1]

(668)

(744)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

23,712

25,798

Derivative Asset, Fair Value

^[1]

543

547

Derivative Liability, Fair Value

^[1]

(576)

(577)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Receive Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

9,346

9,696

Derivative Asset, Fair Value

^[1]

501

496

Derivative Liability, Fair Value

^[1]

(5)

(10)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

9,265

9,514

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(536)

(530)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Other Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

2,944

3,328

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(1)

(3)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Option Trades [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

889

897

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(31)

(30)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Futures Contracts [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

690

1,747

Derivative Asset, Fair Value

^[1]

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Risk Participations [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

202

180

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Foreign Exchange Contract [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

376

436

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(3)

(4)

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

7,114

12,098

Derivative Asset, Fair Value

^[1]

130

Derivative Liability, Fair Value

^[1]

(29)

(64)

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Receive Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

Derivative Asset, Fair Value

^[1]

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

Derivative Liability, Fair Value

^[1]

(1)

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Interest Rate Lock Commitments [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

2,762

3,922

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(10)

(37)

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | When Issued Securities and Forward Rate Agreements and Forward Commitments [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

3,723

7,717

Derivative Asset, Fair Value

^[1]

106

Derivative Liability, Fair Value

^[1]

(18)

(27)

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Option Trades [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

500

400

Derivative Asset, Fair Value

^[1]

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Futures Contracts [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

Derivative Asset, Fair Value

^[1]

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

16,196

19,698

Derivative Asset, Fair Value

^[1]

244

225

Derivative Liability, Fair Value

^[1]

(63)

(103)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | Receive Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

3,088

3,225

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(17)

(61)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | Pay Fixed Swaps [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

2,889

2,536

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(37)

(7)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | When Issued Securities and Forward Rate Agreements and Forward Commitments [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

2,362

3,582

Derivative Asset, Fair Value

^[1]

Derivative Liability, Fair Value

^[1]

(14)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | Option Trades [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

6,515

6,095

Derivative Asset, Fair Value

^[1]

192

Derivative Liability, Fair Value

^[1]

(8)

(11)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | Futures Contracts [Member]

Notional Amount of Other Derivatives Not Designated as Hedging Instruments

1,342

4,260

Derivative Liability, Fair Value

^[1]

$ (1)

$ (10)

[1]	Derivatives in a gain position are recorded as Other assets and derivatives in a loss position are recorded as Other liabilities on the Consolidated Balance Sheet.
[2]	Cash flow hedges are hedging the first unhedged forecasted settlements associated with the listed hedged item descriptions.

Derivative Financial Instruments (Effect of Derivative Instruments on the Consolidated Statements of Income) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2011

Jun. 30, 2010

Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments

$ 20

$ 240

Cash Flow Hedges [Member] | Interest Rate Contract [Member]

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income, Effective Portion, Net

$ (90)

$ (137)

(81)

(196)

Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net

(8)

(19)

Cash Flow Hedges [Member] | Interest Rate Contract [Member] | Interest Income [Member]

Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net

(6)

(12)

(13)

(28)

Cash Flow Hedges [Member] | Interest Rate Contract [Member] | Interest Expense [Member]

Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net

Net Investment Hedging [Member] | Foreign Exchange Contract [Member]

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income, Effective Portion, Net

(1)

(3)

Fair Value Hedges [Member] | Interest Rate Contract [Member]

Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments

126

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Interest Income [Member]

Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments

(5)

(10)

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Interest Expense [Member]

Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments

136

Fair Value Hedges [Member] | Interest Rate Contract [Member] | Other Income [Member]

Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net

^[1]

(2)

(1)

Not Designated as Hedging Instrument [Member]

Derivative Instruments, Gain (Loss) Recognized in Income, Net

213

(40)

192

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Interest Rate Contract [Member] | Other Income [Member]

Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments

(3)

(2)

(4)

Not Designated as Hedging Instrument [Member] | Client-Related and Other Risk Management [Member] | Foreign Exchange Contract [Member] | Other Nondeposit Fees and Commissions [Member]

Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments

Not Designated as Hedging Instrument [Member] | Mortgage Banking [Member] | Interest Rate Contract [Member] | Mortgage Banking Income [Member]

Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments

(2)

(27)

(62)

(47)

Not Designated as Hedging Instrument [Member] | Mortgage Servicing Rights [Member] | Interest Rate Contract [Member] | Mortgage Banking Income [Member]

Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments

$ 59

$ 241

$ 20

$ 240

[1]	All gains and losses recognized in income relate to the ineffective portion of the change in the fair value of the derivative. No portion of the change in fair value of the derivative has been excluded from effectiveness testing.

Computation of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Net income available to common shareholders	$ 307	$ 210	$ 532	$ 398
Weighted average number of common shares	696,625	692,113	695,971	691,456
Basic earnings per share	$ 0.44	$ 0.30	$ 0.76	$ 0.58
Weighted average number of shares outstanding, diluted	704,969	701,322	704,583	700,223
Diluted earnings per share	$ 0.44	$ 0.30	$ 0.76	$ 0.57
Anti-dilutive awards	41,000	25,800	41,100	32,100
Earnings Per Share, Basic [Member]
Net income available to common shareholders	$ 307	$ 210	$ 532	$ 398
Weighted average number of common shares	696,625	692,113	695,971	691,456
Basic earnings per share	$ 0.44	$ 0.30	$ 0.76	$ 0.58
Earnings Per Share, Diluted [Member]
Weighted average number of common shares	696,625	692,113	695,971	691,456
Net income available to common shareholders	$ 307	$ 210	$ 532	$ 398
Effect of dilutive outstanding equity-based awards	8,344	9,209	8,612	8,767
Weighted average number of shares outstanding, diluted	704,969	701,322	704,583	700,223
Diluted earnings per share	$ 0.44	$ 0.30	$ 0.76	$ 0.57

Operating Segments (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2011

Jun. 30, 2010

Net interest income (expense)

$ 1,354

$ 1,360

$ 2,639

$ 2,674

Economic provision for loan and lease losses

328

650

668

1,225

Noninterest income

787

1,039

1,501

1,883

Noninterest expense

1,395

1,500

2,767

2,841

Income before income taxes

418

249

705

491

Provision (benefit) for income taxes

144

Net income

327

224

561

418

Identifiable segment assets (period end)

159,310

Community Banking [Member]

Net interest income (expense)

501

445

984

873

Net funds transfer pricing (FTP)

427

529

855

1,097

Net interest income (expense) and FTP

928

974

1,839

1,970

Economic provision for loan and lease losses

112

439

326

745

Noninterest income

308

327

509

631

Intersegment net referral fees (expense)

Noninterest expense

536

638

1,080

1,223

Allocated corporate expenses

220

195

441

392

Income before income taxes

405

577

314

Provision (benefit) for income taxes

149

210

116

Net income

256

367

198

Identifiable segment assets (period end)

58,877

61,549

58,877

61,549

Residential Mortgage Banking [Member]

Net interest income (expense)

244

242

498

480

Net funds transfer pricing (FTP)

(184)

(181)

(367)

(365)

Net interest income (expense) and FTP

131

115

Economic provision for loan and lease losses

143

187

227

367

Noninterest income

137

176

Noninterest expense

138

122

Allocated corporate expenses

Income before income taxes

(101)

(100)

(112)

(210)

Provision (benefit) for income taxes

(38)

(42)

(79)

Net income

(63)

(62)

(70)

(131)

Identifiable segment assets (period end)

21,619

18,962

21,619

18,962

Sales Finance [Member]

Net interest income (expense)

177

198

Net funds transfer pricing (FTP)

(51)

(64)

(103)

(129)

Net interest income (expense) and FTP

Economic provision for loan and lease losses

(2)

(3)

Noninterest income

Intersegment net referral fees (expense)

(4)

(3)

(7)

(6)

Noninterest expense

Allocated corporate expenses

Income before income taxes

Provision (benefit) for income taxes

Net income

Identifiable segment assets (period end)

7,040

6,660

7,040

6,660

Specialized Lending [Member]

Net interest income (expense)

236

222

464

433

Net funds transfer pricing (FTP)

(45)

(54)

(87)

(102)

Net interest income (expense) and FTP

191

168

377

331

Economic provision for loan and lease losses

Noninterest income

Noninterest expense

152

139

Allocated corporate expenses

Income before income taxes

116

103

220

136

Provision (benefit) for income taxes

Net income

138

Identifiable segment assets (period end)

9,104

8,469

9,104

8,469

Insurance Services [Member]

Net interest income (expense)

Net funds transfer pricing (FTP)

(2)

(1)

Net interest income (expense) and FTP

(2)

(1)

Noninterest income

297

283

546

533

Noninterest expense

211

202

409

403

Allocated corporate expenses

Income before income taxes

110

106

Provision (benefit) for income taxes

Net income

Identifiable segment assets (period end)

1,273

1,282

1,273

1,282

Financial Services [Member]

Net interest income (expense)

Net funds transfer pricing (FTP)

Net interest income (expense) and FTP

Economic provision for loan and lease losses

(2)

Noninterest income

162

147

320

287

Intersegment net referral fees (expense)

Noninterest expense

147

131

292

262

Allocated corporate expenses

Income before income taxes

Provision (benefit) for income taxes

Net income

Identifiable segment assets (period end)

4,062

3,594

4,062

3,594

Treasury [Member]

Net interest income (expense)

(14)

(82)

212

Net funds transfer pricing (FTP)

(75)

(157)

(352)

Net interest income (expense) and FTP

(89)

(81)

(239)

(140)

Noninterest income

242

(2)

260

Noninterest expense

Allocated corporate expenses

Income before income taxes

(97)

156

(256)

109

Provision (benefit) for income taxes

(56)

(135)

Net income

(41)

119

(121)

109

Identifiable segment assets (period end)

33,084

28,747

33,084

28,747

All Other Segments [Member]

Net interest income (expense)

^[1]

^[2]

Net funds transfer pricing (FTP)

(47)

^[1]

(45)

^[1]

(93)

^[2]

(90)

^[2]

Net interest income (expense) and FTP

^[1]

^[2]

(2)

^[2]

Economic provision for loan and lease losses

^[1]

(7)

^[2]

Noninterest income

^[1]

^[2]

Noninterest expense

^[1]

^[2]

Allocated corporate expenses

^[1]

^[2]

(3)

^[2]

Income before income taxes

(3)

^[1]

(15)

^[1]

^[2]

(22)

^[2]

Provision (benefit) for income taxes

(14)

^[1]

(18)

^[1]

(24)

^[2]

(33)

^[2]

Net income

^[1]

^[2]

Identifiable segment assets (period end)

^[1]

7,071

6,003

7,071

6,003

Parent/Reconciling Items [Member]

Net interest income (expense)

239

220

480

371

Net funds transfer pricing (FTP)

(37)

(42)

(86)

(100)

Net interest income (expense) and FTP

202

178

394

271

Economic provision for loan and lease losses

(7)

(3)

Noninterest income

(98)

(100)

(121)

(89)

Intersegment net referral fees (expense)

(36)

(39)

(77)

(73)

Noninterest expense

319

364

637

634

Allocated corporate expenses

(263)

(232)

(526)

(464)

Income before income taxes

(31)

(86)

(58)

Provision (benefit) for income taxes

(33)

(63)

(25)

(62)

Net income

(23)

Identifiable segment assets (period end)

17,180

19,817

17,180

19,817

Total Parent Corporation [Member]

Net interest income (expense)

1,354

1,360

2,639

2,674

Net interest income (expense) and FTP

1,354

1,360

2,639

2,674

Economic provision for loan and lease losses

328

650

668

1,225

Noninterest income

787

1,039

1,501

1,883

Noninterest expense

1,395

1,500

2,767

2,841

Income before income taxes

418

249

705

491

Provision (benefit) for income taxes

144

Net income

327

224

561

418

Identifiable segment assets (period end)

$ 159,310

$ 155,083

$ 159,310

$ 155,083

[1]	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
[2]	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.