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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Comerica Incorporated and Subsidiaries
In April 2008, the FASB issued FSP No. FAS 142-3, ‘‘Determination of the Useful Life of Intangible
Assets,’’ (FSP FAS 142-3). FSP FAS 142-3 amends the factors that should be considered in developing renewal
or extension assumptions used to determine the useful life of a recognized intangible asset under SFAS No. 142,
‘‘Goodwill and Other Intangible Assets,’’ (SFAS 142). The intent of FSP FAS 142-3 is to improve the consistency
between the useful life of a recognized intangible asset under SFAS 142 and the period of expected cash flows
used to measure the fair value of the asset under SFAS 141(R), ‘‘Business Combinations’’. FSP FAS 142-3 is
effective for fiscal years beginning after December 15, 2008. Accordingly, the Corporation will adopt the
provisions of FSP FAS 142-3 in the first quarter 2009. The Corporation does not expect the adoption of the
provisions of FSP FAS 142-3 to have a material effect on the Corporation’s financial condition and results of
operations.
In June 2008, the FASB issued FSP No. EITF 03-6-1, ‘‘Determining Whether Instruments Granted in
Share-Based Payment Transactions are Participating Securities,’’ (FSP EITF 03-6-1). FSP EITF 03-6-1 clarifies
that unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend
equivalents are considered participating securities and should be included in the calculation of basic earnings
per share using the two-class method prescribed by SFAS 128, ‘‘Earnings Per Share.’’ FSP EITF 03-6-1 is
effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2008.
All prior period earnings per share amounts presented are required to be adjusted retrospectively. Accordingly,
the Corporation will adopt the provisions of FSP EITF 03-6-1 in the first quarter 2009. The Corporation does
not expect the adoption of the provisions of FSP EITF 03-6-1 to have a material effect on the Corporation’s
financial condition and results of operations.
In December 2008, the FASB issued FSP No. FAS 132(R)-1, ‘‘Employers’ Disclosures about Postretirement
Benefit Plan Assets,’’ (FSP FAS 132(R)-1). FSP FAS 132(R)-1 amends SFAS No. 132(R), ‘‘Employers’
Disclosures about Pensions and Other Postretirement Benefits,’’ to require additional disclosures about assets
held in an employer’s defined benefit pension or other postretirement plan. FSP FAS 132(R)-1 requires
(1) disclosure of the fair value of each major asset category, (2) employers to consider whether additional
categories or further disaggregation should be disclosed, (3) disclosure of the level within the fair value hierarchy
in which each major category of plan assets falls, using the guidance in SFAS 157, and (4) reconciliation of
beginning and ending balances of plan assets with fair values measured using significant unobservable inputs.
FSP FAS 132(R)-1 is effective for financial statements issued for fiscal years after December 15, 2009.
Accordingly, the Corporation will adopt the provisions of FSP FAS 132(R)-1 in its consolidated financial
statements for the year ended December 31, 2009. The Corporation does not expect the adoption of the
provisions of FSP FAS 132(R)-1 to have a material effect on the Corporation’s financial condition and results of
operations.
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