CONSOLIDATED BALANCE SHEETS See Note 12.  (b) Amortized cost of  $14,919  and $17,879 at  December 31, 2010  and 2009, respectively.  (c) Fair value of  $353  and $355 at  December 31, 2010  and 2009, respectively.  (d) Includes  $1,892  and $1,470 of residential mortgage loans held for sale measured at fair value at  December 31, 2010  and 2009, respectively.  (e) Includes  $46  and $26 of residential mortgage loans measured at fair value at  December 31, 2010  and 2009, respectively.  (f) Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at  December 31, 2010 – 796,272,522 (excludes 5,231,666 treasury shares)  and December 31,  2009 – 795,068,164 (excludes 6,436,024 treasury shares). (g) 317,680 shares of undesignated no par value preferred stock are authorized of which none had been issued; 5.0% cumulative Series F perpetual preferred stock with a $25,000  liquidation preference:  136,320 issued and outstanding at December 31, 2010  and December 31, 2009; 8.5% non-cumulative Series G convertible (into 2,159.8272 common shares)  perpetual preferred stock with a $25,000 liquidation preference: 46,000 authorized,  16,451  issued and outstanding at  December 31, 2010  and December 31, 2009.  (h) Includes ten-year warrants initially valued at $239 to purchase up to 43,617,747 shares of common stock, no par value, related to Series F preferred stock, at an initial exercise price  of $11.72 per share.  (i) See Note 32 for additional information on capital actions taken by the Bancorp subsequent to December 31, 2010.  See Notes to Consolidated Financial Statements.  68 Fifth Third Bancorp  As of December 31 ($ in millions, except share data)  2010 2009 Assets  Cash and due from banks  (a) $2,159 2,318  Available-for-sale and other securities  (b) 15,414 18,213  Held-to-maturity securities  (c) 353 355  Trading securities  294 355  Other short-term investments  (a) 1,515 3,369  Loans held for sale  (d) 2,216 2,067  Portfolio loans and leases:  Commercial and industrial loans  27,191 25,683  Commercial mortgage loans  (a) 10,845 11,803  Commercial construction loans  2,048 3,784  Commercial leases  3,378 3,535  Residential mortgage loans  (e) 8,956 8,035  Home equity  (a) 11,513 12,174 Automobile loans  (a) 10,983 8,995 Credit card  1,896 1,990 Other consumer loans and leases  681 780 Portfolio loans and leases  77,491 76,779 Allowance for loan and lease losses  (a) (3,004) (3,749) Portfolio loans and leases, net  74,487 73,030 Bank premises and equipment  2,389 2,400 Operating lease equipment  479 499 Goodwill  2,417 2,417 Intangible assets  62 106 Servicing rights  822 700 Other assets  (a) 8,400 7,551 Total Assets  $111,007 113,380  Liabilities  Deposits:  Demand  $21,413 19,411  Interest checking  18,560 19,935  Savings 20,903 17,898 Money market  5,035 4,431  Other time  7,728 12,466 Certificates - $100,000 and over  4,287 7,700 Foreign office and other  3,722 2,464 Total deposits  81,648 84,305 Federal funds purchased  279 182 Other short-term borrowings  1,574 1,415 Accrued taxes, interest and expenses  889 773 Other liabilities  (a) 2,979 2,701 Long-term debt  9,558 10,507 Total Liabilities  96,927 99,883 Equity  Common stock  (f) 1,779  1,779  Preferred stock  (g) 3,654 3,609  Capital surplus  (h) 1,715 1,743 Retained earnings  6,719 6,326  Accumulated other comprehensive income 314 241 Treasury stock  (130) (201) Total Bancorp shareholders’ equity  (i) 14,051 13,497 Noncontrolling interest  29 - Total Equity  14,080 13,497  Total Liabilities and Equity  $111,007 113,380  (a) At December 31, 2010, $52 of cash, $7 of other short-term investments, $29 of commercial mortgage loans, $241 of home equity loans, $648 of automobile loans, ($14) of allowance  for loan and lease losses, $7 of other assets, $12 of other liabilities and $692 of long-term debt from consolidated VIEs are included in their respective Balance Sheet captions above. 