Comerica 2010 Annual Report Download - page 96

Download and view the complete annual report

Please find page 96 of the 2010 Comerica 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 157

  • 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

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Comerica Incorporated and Subsidiaries
The following table presents the income statement classification of realized and unrealized gains and
losses due to changes in fair value recorded in earnings for the years ended December 31, 2010 and 2009 for
recurring Level 3 assets and liabilities, as shown in the previous table.
Net Securities
Gains (Losses)
Other Noninterest
Income Discontinued Operations Total
(in millions) Realized Unrealized Realized Unrealized Realized Unrealized Realized Unrealized
Year ended December 31, 2010
Trading securities:
Other securities $- $ - $- $1 $- $ - $- $ 1
Investment securities
available-for-sale:
State and municipal
securities (a) (1) - - - - - (1) -
Auction-rate debt securities 3- --- - 3 -
Other corporate debt
securities -- --27 -27 -
Auction-rate preferred
securities 6- --- - 6 -
Total investment securities
available-for-sale 8- --27 -35 -
Derivative assets:
Warrants --21- - 2 1
Derivative liabilities:
Other (4) (1) - - - - (4) (1)
Year ended December 31, 2009
Investment securities
available-for-sale:
Other corporate debt
securities $ - $ - $ - $ - $ - $ 2 $ - $ 2
Auction-rate preferred
securities 14 - - - - - 14 -
Total investment securities
available-for-sale 14 - - - - 2 14 2
Derivative assets:
Warrants - - 3 3 - - 3 3
Derivative liabilities:
Other (2) - - - - - (2) -
(a) Primarily auction-rate securities.
94