SunTrust 2012 Annual Report Download - page 187

Notes to Consolidated Financial Statements (Continued)
171
Fair Value Measurements at
December 31, 2011 Using
(Dollars in millions) Assets/Liabilities
Quoted Prices
In Active
Markets for
Identical
Assets/Liabilities
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Assets
Trading assets:
U.S. Treasury securities $144 $144 $— $—
Federal agency securities 478 — 478 —
U.S. states and political subdivisions 54 — 54 —
MBS - agency 412 — 412 —
CDO/CLO securities 45 — 2 43
ABS 37 — 32 5
Corporate and other debt securities 345 — 344 1
CP 229 — 229 —
Equity securities 91 91 — —
Derivative contracts 3,444 306 3,138 —
Trading loans 2,030 — 2,030 —
Gross trading assets 7,309 541 6,719 49
Offsetting collateral 1(1,030)
Total trading assets 6,279
Securities AFS:
U.S. Treasury securities 694 694 — —
Federal agency securities 1,932 — 1,932 —
U.S. states and political subdivisions 454 — 396 58
MBS - agency 21,223 — 21,223 —
MBS - private 221 — — 221
CDO/CLO securities 50 — 50 —
ABS 464 — 448 16
Corporate and other debt securities 51 — 46 5
Coke common stock 2,099 2,099 — —
Other equity securities 2929 188 — 741
Total securities AFS 28,117 2,981 24,095 1,041
LHFS:
Residential loans 1,826 — 1,825 1
Corporate and other loans 315 — 315 —
Total LHFS 2,141 — 2,140 1
LHFI 433 — — 433
MSRs 921 — — 921
Other assets 3554 7 463 84
Liabilities
Trading liabilities:
U.S. Treasury securities 569 569 — —
Corporate and other debt securities 77 — 77 —
Equity securities 37 37 — —
Derivative contracts 2,293 174 1,930 189
Gross trading liabilities 2,976 780 2,007 189
Offsetting collateral 1(1,170)
Total trading liabilities 1,806
Brokered time deposits 1,018 — 1,018 —
Long-term debt 1,997 — 1,997 —
Other liabilities 3,4 84 1 61 22
1 Amount represents the cash collateral received from or deposited with derivative counterparties. Amount is offset with derivatives in the Consolidated
Balance Sheets as of December 31, 2011.
2 Includes $342 million of FHLB of Atlanta stock, $398 million of Federal Reserve Bank stock, $187 million in mutual fund investments, and $2 million of
other equity securities.
3 These amounts include IRLCs and derivative financial instruments entered into by the Mortgage line of business to hedge its interest rate risk.
4 These amounts include the derivative associated with the Company's sale of Visa shares during the year ended December 31, 2009.