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68
Table 28
Payments Due by Period
(Dollars in millions)
Less than 1
year 1-3 years 3-5 years More than 5
years Total
Contractual Obligations:
Consumer and other time deposits 1$4,736 $3,250 $1,451 $382 $9,819
Brokered time deposits 1196 187 393 123 899
Long-term debt 1, 2 1,111 4,318 1,044 1,981 8,454
Operating leases 207 314 184 307 1,012
Purchase obligations 3349 30 4 — 383
Total $6,599 $8,099 $3,076 $2,793 $20,567
1 Amounts do not include interest.
2 Amounts do not include capital lease obligations.
3 Amounts represent termination fees for legally binding purchase obligations of $5 million or more. Payments made towards the purchase of goods or services under these
contracts totaled $243 million during 2015.
BUSINESS SEGMENTS
Table 29 presents net income/(loss) for our reportable business segments:
Net Income/(Loss) by Business Segment Table 29
Year Ended December 31
(Dollars in millions) 2015 2014 2013
Consumer Banking and Private Wealth Management $754 $695 $653
Wholesale Banking 954 875 807
Mortgage Banking 287 (53) (527)
Corporate Other 159 434 508
Reconciling Items 1(221) (177) (97)
Total Corporate Other (62) 257 411
Consolidated Net Income $1,933 $1,774 $1,344
1 Includes differences between net income/(loss) reported for each business segment using management accounting practices and U.S. GAAP. Prior period information has been
restated to reflect changes in internal reporting methodology. See additional information in Note 20, "Business Segment Reporting," to the Consolidated Financial Statements
in this Form 10-K.
Table 30 presents average loans and average deposits for our reportable business segments during the years ended December 31:
Average Loans and Deposits by Business Segment Table 30
Average Loans Average Consumer
and Commercial Deposits
(Dollars in millions) 2015 2014 2013 2015 2014 2013
Consumer Banking and Private Wealth Management $40,632 $41,700 $40,510 $91,127 $86,070 $84,289
Wholesale Banking 67,853 62,638 54,142 50,376 43,566 39,572
Mortgage Banking 25,024 26,494 27,974 2,679 2,333 3,206
Corporate Other 49 42 31 20 43 9
See Note 20, “Business Segment Reporting,” to the Consolidated
Financial Statements in this Form 10-K for a discussion of our
segment structure, basis of presentation, and internal
management reporting methodologies, including the
reclassification of RidgeWorth results from the Wholesale
Banking segment to Corporate Other in 2014.