SunTrust 2015 Annual Report Download - page 185

Download and view the complete annual report

Please find page 185 of the 2015 SunTrust annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 196

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196

Notes to Consolidated Financial Statements, continued
157
Balance Sheets - Parent Company Only
December 31
(Dollars in millions) 2015 2014
Assets
Cash held at SunTrust Bank $478 $192
Interest-bearing deposits held at SunTrust Bank 2,115 2,410
Interest-bearing deposits held at other banks 22 21
Cash and cash equivalents 2,615 2,623
Trading assets and derivative instruments 826
Securities available for sale 198 251
Loans to subsidiaries 1,627 2,669
Investment in capital stock of subsidiaries stated on the basis of
the Company’s equity in subsidiaries’ capital accounts:
Banking subsidiaries 23,324 22,783
Nonbanking subsidiaries 1,291 1,222
Goodwill 211 211
Other assets 382 298
Total assets $29,656 $30,083
Liabilities
Short-term borrowings:
Subsidiaries $178 $243
Non-affiliated companies 582 1,280
Long-term debt with non-affiliated companies 4,772 4,815
Other liabilities 795 848
Total liabilities 6,327 7,186
Shareholders’ Equity
Preferred stock 1,225 1,225
Common stock 550 550
Additional paid-in capital 9,094 9,089
Retained earnings 14,686 13,295
Treasury stock, at cost, and other 1(1,766) (1,140)
Accumulated other comprehensive loss, net of tax (460) (122)
Total shareholders’ equity 23,329 22,897
Total liabilities and shareholders’ equity $29,656 $30,083
1 At December 31, 2015, includes ($1,764) million for treasury stock and ($2) million for compensation element of restricted stock.
At December 31, 2014, includes ($1,119) million for treasury stock and ($21) million for compensation element of restricted stock.