Table V Nonperforming Loans, Leases and Foreclosed Properties (1)
## Table 0 ##
(1) Balances do not include PCI loans even though the customer may be contractually past due.
Loans accounted for as PCI loans were written down to fair value upon acquisition and accrete interest income over the remaining life of the loan.
In addition, the fully insured loan portfolio is also excluded from nonperforming loans and foreclosed properties since the principal repayments are insured.
(2) In 2011, $2.6 billion in interest income was estimated to be contractually due on consumer loans classified as nonperforming at December 31, 2011 provided that these loans had been paying according to their terms and conditions, including TDRs of which $15.7 billion were performing at December 31, 2011 and not included in the table above.
Approximately $985 million of the estimated $2.6 billion in contractual interest was received and included in earnings for 2011.
(3) In 2011, $379 million in interest income was estimated to be contractually due on commercial loans and leases classified as nonperforming at December 31, 2011 provided that these loans and leases had been paying according to their terms and conditions, including TDRs of which $1.8 billion were performing at December 31, 2011 and not included in the table above.
Approximately $123 million of the estimated $379 million in contractual interest was received and included in earnings for 2011.
(4) Balances do not include loans accounted for under the fair value option.
At December 31, 2011, there were $786 million of loans accounted for under the fair value option that were 90 days or more past due and not accruing interest.
n/a = not applicable
## Table 1 ##
(1) Our policy is to classify consumer real estate-secured loans as nonperforming at 90 days past due, except the Countrywide PCI loan portfolio, the fully-insured loan portfolio and loans accounted for under the fair value option as referenced in footnote 3.
(2) Balances are fully-insured loans.
(3) Balances do not include loans accounted for under the fair value option.
At December 31, 2011 and 2010 there were no loans past due 90 days or more still accruing interest accounted for under the fair value option.
At December 31, 2009, there was $87 million of loans past due 90 days or more and still accruing interest accounted for under the fair value option.
Derivatives Accounted for as Economic Hedges Derivatives accounted for as economic hedges, because either they did not qualify for or were not designated as accounting hedges, are used by the Corporation to reduce certain risk exposures.
The table below presents gains (losses) on these derivatives for 2011, 2010 and 2009.
These gains (losses) are largely offset by the income or expense that is recorded on the economically hedged item.
Economic Hedges
## Table 2 ##
(1) Gains (losses) on these derivatives are recorded in mortgage banking income.
(2) Includes gains on interest rate lock commitments related to the origination of mortgage loans that are held-for-sale, which are considered derivative instruments, of $3.8 billion, $8.7 billion and $8.4 billion for 2011, 2010 and 2009, respectively.
(3) Gains (losses) on these derivatives are recorded in other income (loss).
(4) The majority of the balance is related to the revaluation of economic hedges on foreign currency-denominated debt which is recorded in other income (loss).
(5) Gains (losses) on these derivatives are recorded in other income (loss), and personnel expense for hedges of certain RSUs, for 2011 and 2010.
Sales and Trading Revenue The Corporation enters into trading derivatives to facilitate client transactions, for principal trading purposes, and to manage risk exposures arising from trading account assets and liabilities.
It is the Corporation’s policy to include these derivative instruments in its trading activities which include derivatives and non-derivative cash instruments.
The resulting risk from these derivatives is managed on a portfolio basis as part of the Corporation’s Global Banking & Markets (GBAM) business segment.
The related sales and trading revenue generated within GBAM is recorded in various income statement line items including trading account profits and net interest income as well as other revenue categories.
However, the majority of income related to derivative instruments is recorded in trading account profits.
Sales and trading revenue includes changes in the fair value and realized gains and losses on the sales of trading and other assets, net interest income, and fees primarily from commissions on equity securities.
Revenue is generated by the difference in the client price for an instrument and the price at which the trading desk can execute the trade in the dealer market.
For equity securities, commissions related to purchases and sales are recorded in other income (loss) on the Consolidated Statement of Income.
Changes in the fair value of these securities are included in trading account profits.
For debt securities, revenue, with the exception of interest associated with the debt securities, is typically included in trading account profits.
Unlike commissions for equity securities, the initial revenue related to broker/dealer services for debt securities is typically included in the pricing of the instrument rather than being charged through separate fee arrangements.
Therefore, this revenue is recorded in trading account profits as part of the initial mark to fair value.
For derivatives, all revenue is included in trading account profits.
In transactions where the Corporation acts as agent, which includes exchange-traded futures and options, fees are recorded in other income (loss).
Gains (losses) on certain instruments, primarily loans, held in the GBAM business segment that are not considered trading instruments are excluded from sales and trading revenue in their entirety
Outstanding Claims by Counterparty and Product
## Table 3 ##
(1) Excludes certain MI rescission notices.
However, includes $1.2 billion of repurchase requests received from the GSEs that have resulted solely from MI rescission notices.
For additional information, see Mortgage Insurance Rescission Notices in this Note.
(2) Amounts for December 31, 2011 and 2010 included $1.7 billion in demands contained in correspondence from private-label securitizations investors in the Covered Trusts that do not have the right to demand repurchase of loans directly or the right to access loan files.
For additional information, see Settlement with Bank of New York Mellon, as Trustee in this Note.
The number of repurchase claims as a percentage of the number of loans purchased arising from loans sourced from brokers or purchased from third-party sellers is relatively consistent with the number of repurchase claims as a percentage of the number of loans originated by the Corporation or its subsidiaries or legacy companies.
Mortgage Insurance Rescission Notices In addition to repurchase claims, the Corporation receives notices from mortgage insurance companies of claim denials, cancellations, or coverage rescission (collectively, MI rescission notices) and the amount of such notices have remained elevated.
When there is disagreement with the mortgage insurer as to the resolution of a MI rescission notice, meaningful dialogue and negotiation are generally necessary between the parties to reach a conclusion on an individual notice.
The level of engagement of the mortgage insurance companies varies and on-going litigation involving some of the mortgage insurance companies over individual and bulk rescissions or claims for rescission limits the ability of the Corporation to engage in constructive dialogue leading to resolution.
For loans sold to GSEs or private-label securitization trusts (including those wrapped by the monoline bond insurers), a MI rescission may give rise to a claim for breach of the applicable representations and warranties, depending on the governing sales contracts.
In those cases where the governing contract contains a MI-related representation and warranty which upon rescission requires the Corporation to repurchase the affected loan or indemnify the investor for the related loss, the Corporation realizes the loss without the benefit of MI.
If the Corporation is required to repurchase a loan or indemnify the investor as a result of a different breach of representations and warranties and there has been a MI rescission, or if the Corporation holds the loan for investment, it realizes the loss without the benefit of MI.
In addition, mortgage insurance companies have in some cases asserted the ability to curtail MI payments, which in these cases would reduce the MI proceeds available to reduce the loss on the loan.
While a legitimate MI rescission may constitute a valid basis for repurchase or other remedies under the GSE agreements and a small number of private-label MBS securitizations, and a MI rescission notice may result in a repurchase request, the Corporation believes MI rescission notices in and of themselves are not valid repurchase requests.
On June 30, 2011, FNMA issued an announcement requiring servicers to report, effective October 1, 2011, all MI rescissions, cancellations and claim denials (together, rescissions) with respect to loans sold to FNMA.
The announcement also confirmed FNMA’s view of its position that a mortgage insurance company’s issuance of a MI rescission notice constitutes a breach of the lender’s representations and warranties and permits FNMA to require the lender to repurchase the mortgage loan or promptly remit a make-whole payment covering FNMA’s loss even if the lender is contesting the MI rescission notice.
A related announcement included a ban on bulk settlements with mortgage insurers that provide for loss sharing in lieu of rescission.
According to FNMA’s announcement, through June 30, 2012, lenders have 90 days to appeal FNMA’s repurchase request and 30 days (or such other time frame specified by FNMA) to appeal after that date.
According to FNMA’s announcement, in order to be successful in its appeal, a lender must provide documentation confirming reinstatement or continuation of coverage.
This announcement could result in more repurchase requests from FNMA than the assumptions in the Corporation’s estimated liability contemplate.
The Corporation also expects that in many cases (particularly in the context of individual or bulk rescissions being contested through litigation), it will not be able to resolve MI rescission notices with the mortgage insurance companies before the expiration of the appeal period prescribed by the FNMA announcement.
The Corporation has informed FNMA that it does not believe that the new policy is valid under its contracts with FNMA, and that it does not intend to repurchase loans under the terms set forth in the new policy.
The Corporation’s pipeline of outstanding repurchase claims from the GSEs resulting solely on MI rescission notices has increased during 2011 by $935 million to $1.2 billion at December 31, 2011.
If it is required to abide by the terms of the new FNMA policy, the Corporation’s representations and warranties liability will likely increase.
At December 31, 2011, the Corporation had approximately 90,000 open MI rescission notices compared to 72,000 at December 31, 2010.
Through December 31, 2011, 26 percent of the MI rescission notices received have been resolved.
Of those resolved, 24 percent were resolved through the Corporation’s acceptance of the MI rescission, 46 percent were resolved through reinstatement of coverage or payment of the claim by the mortgage insurance company, and 30 percent were resolved on an aggregate basis through settlement, policy commutation or similar arrangement.
As of December 31, 2011, 74 percent of the MI rescission notices the Corporation has received have not yet been resolved.
Of those not yet resolved, 48 percent are implicated by ongoing litigation where no loan-level review is currently contemplated (nor required to preserve the Corporation’s legal rights).
In this litigation, the litigating mortgage insurance companies are also seeking bulk rescission of certain policies, separate and apart from loan-by-loan denials or rescissions.
The Corporation is in the process of reviewing 11 percent of the remaining open MI rescission notices, and the Corporation has reviewed and is contesting the MI rescission with respect to 89 percent of these remaining open MI rescission notices.
Of the remaining open MI rescission notices, 29 percent are also the
Performance Overview Net income was $1.4 billion in 2011 compared to a net loss of $2.2 billion in 2010.
After preferred stock dividends of $1.4 billion in both 2011 and 2010, net income applicable to common shareholders was $85 million, or $0.01 per diluted common share in 2011 compared to a net loss of $3.6 billion, or $0.37 per diluted common share in 2010.
The principal contributors to the pre-tax net income in 2011 were the following: gains of $6.5 billion on the sale of CCB shares (we currently hold approximately one percent of the outstanding common shares), a $7.4 billion reduction in the allowance for credit losses, $3.4 billion of gains on sales of debt securities, positive fair value adjustments of $3.3 billion related to our own credit spreads on structured liabilities, a $1.2 billion gain on the exchange of certain trust preferred securities for common stock and debt and DVA gains on derivatives of $1.0 billion, net of hedges.
These contributors were offset by $15.6 billion in representations and warranties provision, litigation expense of $5.6 billion, goodwill impairment charges of $3.2 billion, $1.8 billion of mortgage-related assessments and waivers costs, and $1.1 billion of impairment charges on our merchant services joint venture.
## Table 4 ##
(1) Fully taxable-equivalent (FTE) basis is a non-GAAP financial measure.
Other companies may define or calculate this measure differently.
For more information on this measure, see Supplemental Financial Data on page 32, and for a corresponding reconciliation to a GAAP financial measure, see Table XV.
Net interest income on a FTE basis decreased $7.1 billion in 2011 to $45.6 billion.
The decline was primarily due to lower consumer loan balances and yields and decreased investment security yields.
Lower trading-related net interest income also negatively impacted 2011 results.
These decreases were partially offset by ongoing reductions in our debt footprint and lower rates paid on deposits.
The net interest yield on a FTE basis was 2.48 percent for 2011 compared to 2.78 percent for 2010.
Noninterest income decreased $9.9 billion in 2011 to $48.8 billion.
The most significant contributors to the decline were lower mortgage banking income, down $11.6 billion largely due to higher representations and warranties provision, and a decrease of $3.4 billion in trading account profits.
These declines were partially offset by the gains on the sale of CCB shares and higher positive fair value adjustments related to our own credit on structured liabilities in 2011.
In addition, in connection with separate agreements with certain trust preferred security holders to exchange their holdings for common stock and senior notes, we recorded gains of $1.2 billion in 2011.
For additional information on these exchange agreements, see Note 13 – Long-term Debt to the Consolidated Financial Statements.
The provision for credit losses decreased $15.0 billion in 2011 to $13.4 billion.
The provision for credit losses was $7.4 billion lower than net charge-offs for 2011, resulting in a reduction in the allowance for credit losses, as portfolio trends continued to improve across most of the consumer and commercial businesses, particularly the Card Services and commercial real estate portfolios partially offset by additions to consumer purchased credit-impaired (PCI) loan portfolio reserves.
This compared to a $5.9 billion reduction in the allowance for credit losses in 2010.
Noninterest expense decreased $2.8 billion in 2011 to $80.3 billion.
The decline was driven by a $9.2 billion decrease in goodwill impairment charges and a $1.2 billion decline in merger and restructuring charges in 2011.
Partially offsetting these decreases was a $4.9 billion increase in other general operating expense which included increases of $3.0 billion in litigation expense and $1.6 billion in mortgage-related assessments and waivers costs, and an increase of $1.8 billion in personnel costs due to the continued build-out of certain businesses, technology costs as well as increases in default-related servicing costs.
The income tax benefit on a FTE basis was $704 million on the pre-tax income of $742 million for 2011 compared to income tax expense on a FTE basis of $2.1 billion on the pre-tax loss of $153 million for 2010.
For more information, see Financial Highlights – Income Tax Expense on page 28.
Our operating cash flows are significantly impacted by the seasonality of our businesses.
We typically generate most of our operating cash flow in the third and fourth quarters of each year.
In June 2015, we issued $900 million of Senior Notes in a registered public offering.
The Senior Notes consist of two tranches: $400 million of five-year notes due 2020 with a coupon of 3% and $500 million of ten-year notes due 2025 with a coupon of 4%.
We used the proceeds from the Senior Notes offering to pay down our revolving credit facility and for general corporate purposes.
On December 31, 2017, the outstanding amount of the Senior Notes, net of underwriting commissions and price discounts, was $892.6 million.
Cash Flows Below is a summary of cash flows for the years ended December 31, 2017, 2016 and 2015.

<table><tr><td></td><td colspan="5">December 31</td></tr><tr><td>(Dollars in millions)</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Consumer</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage</td><td>$15,970</td><td>$17,691</td><td>$16,596</td><td>$7,057</td><td>$1,999</td></tr><tr><td>Home equity</td><td>2,453</td><td>2,694</td><td>3,804</td><td>2,637</td><td>1,340</td></tr><tr><td>Discontinued real estate</td><td>290</td><td>331</td><td>249</td><td>77</td><td>n/a</td></tr><tr><td>Direct/Indirect consumer</td><td>40</td><td>90</td><td>86</td><td>26</td><td>8</td></tr><tr><td>Other consumer</td><td>15</td><td>48</td><td>104</td><td>91</td><td>95</td></tr><tr><td>Total consumer<sup>-2</sup></td><td>18,768</td><td>20,854</td><td>20,839</td><td>9,888</td><td>3,442</td></tr><tr><td>Commercial</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>U.S. commercial</td><td>2,174</td><td>3,453</td><td>4,925</td><td>2,040</td><td>852</td></tr><tr><td>Commercial real estate</td><td>3,880</td><td>5,829</td><td>7,286</td><td>3,906</td><td>1,099</td></tr><tr><td>Commercial lease financing</td><td>26</td><td>117</td><td>115</td><td>56</td><td>33</td></tr><tr><td>Non-U.S. commercial</td><td>143</td><td>233</td><td>177</td><td>290</td><td>19</td></tr><tr><td></td><td>6,223</td><td>9,632</td><td>12,503</td><td>6,292</td><td>2,003</td></tr><tr><td>U.S. small business commercial</td><td>114</td><td>204</td><td>200</td><td>205</td><td>152</td></tr><tr><td>Total commercial<sup>-3</sup></td><td>6,337</td><td>9,836</td><td>12,703</td><td>6,497</td><td>2,155</td></tr><tr><td>Total nonperforming loans and leases</td><td>25,105</td><td>30,690</td><td>33,542</td><td>16,385</td><td>5,597</td></tr><tr><td>Foreclosed properties</td><td>2,603</td><td>1,974</td><td>2,205</td><td>1,827</td><td>351</td></tr><tr><td>Total nonperforming loans, leases and foreclosed properties<sup>-4</sup></td><td>$27,708</td><td>$32,664</td><td>$35,747</td><td>$18,212</td><td>$5,948</td></tr></table>
<table><tr><td></td><td colspan="5">December 31</td></tr><tr><td>(Dollars in millions)</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Consumer</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Residential mortgage<sup>-2</sup></td><td>$21,164</td><td>$16,768</td><td>$11,680</td><td>$372</td><td>$237</td></tr><tr><td>U.S. credit card</td><td>2,070</td><td>3,320</td><td>2,158</td><td>2,197</td><td>1,855</td></tr><tr><td>Non-U.S. credit card</td><td>342</td><td>599</td><td>515</td><td>368</td><td>272</td></tr><tr><td>Direct/Indirect consumer</td><td>746</td><td>1,058</td><td>1,488</td><td>1,370</td><td>745</td></tr><tr><td>Other consumer</td><td>2</td><td>2</td><td>3</td><td>4</td><td>4</td></tr><tr><td>Total consumer</td><td>24,324</td><td>21,747</td><td>15,844</td><td>4,311</td><td>3,113</td></tr><tr><td>Commercial</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>U.S. commercial</td><td>75</td><td>236</td><td>213</td><td>381</td><td>119</td></tr><tr><td>Commercial real estate</td><td>7</td><td>47</td><td>80</td><td>52</td><td>36</td></tr><tr><td>Commercial lease financing</td><td>14</td><td>18</td><td>32</td><td>23</td><td>25</td></tr><tr><td>Non-U.S. commercial</td><td>—</td><td>6</td><td>67</td><td>7</td><td>16</td></tr><tr><td></td><td>96</td><td>307</td><td>392</td><td>463</td><td>196</td></tr><tr><td>U.S. small business commercial</td><td>216</td><td>325</td><td>624</td><td>640</td><td>427</td></tr><tr><td>Total commercial</td><td>312</td><td>632</td><td>1,016</td><td>1,103</td><td>623</td></tr><tr><td>Total accruing loans and leases past due 90 days or more<sup>-3</sup></td><td>$24,636</td><td>$22,379</td><td>$16,860</td><td>$5,414</td><td>$3,736</td></tr></table>
<table><tr><td>(Dollars in millions)</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>Price risk on mortgage banking production income<sup>-1, 2</sup></td><td>$2,852</td><td>$9,109</td><td>$8,898</td></tr><tr><td>Interest rate risk on mortgage banking servicing income<sup>-1</sup></td><td>3,612</td><td>3,878</td><td>-4,264</td></tr><tr><td>Credit risk on loans<sup>-3</sup></td><td>30</td><td>-121</td><td>-515</td></tr><tr><td>Interest rate and foreign currency risk on long-term debt and other foreign exchange transactions<sup>-4</sup></td><td>-48</td><td>-2,080</td><td>1,572</td></tr><tr><td>Other<sup>-5</sup></td><td>-329</td><td>-109</td><td>16</td></tr><tr><td>Total</td><td>$6,117</td><td>$10,677</td><td>$5,707</td></tr></table>
<table><tr><td></td><td colspan="2">December 31</td></tr><tr><td>(Dollars in millions)</td><td>2011</td><td>2010</td></tr><tr><td>By counterparty<sup>-1</sup></td><td></td><td></td></tr><tr><td>GSEs</td><td>$6,258</td><td>$2,821</td></tr><tr><td>Monolines</td><td>3,082</td><td>4,678</td></tr><tr><td>Whole loan and private-label securitization investors and other<sup>-2</sup></td><td>4,912</td><td>3,188</td></tr><tr><td>Total outstanding claims by counterparty</td><td>$14,252</td><td>$10,687</td></tr><tr><td>By product type<sup>-1</sup></td><td></td><td></td></tr><tr><td>Prime loans</td><td>$3,928</td><td>$2,040</td></tr><tr><td>Alt-A</td><td>2,333</td><td>1,190</td></tr><tr><td>Home equity</td><td>2,872</td><td>3,658</td></tr><tr><td>Pay option</td><td>3,588</td><td>2,889</td></tr><tr><td>Subprime</td><td>891</td><td>734</td></tr><tr><td>Other</td><td>640</td><td>176</td></tr><tr><td>Total outstanding claims by product type</td><td>$14,252</td><td>$10,687</td></tr></table>
<table><tr><td>Table 2</td><td>Summary Income Statement</td><td></td><td></td></tr><tr><td colspan="2">(Dollars in millions)</td><td>2011</td><td>2010</td></tr><tr><td colspan="2">Net interest income (FTE basis)<sup>(1)</sup></td><td>$45,588</td><td>$52,693</td></tr><tr><td colspan="2">Noninterest income</td><td>48,838</td><td>58,697</td></tr><tr><td colspan="2">Total revenue, net of interest expense (FTE basis)<sup>(1)</sup></td><td>94,426</td><td>111,390</td></tr><tr><td colspan="2">Provision for credit losses</td><td>13,410</td><td>28,435</td></tr><tr><td colspan="2">Goodwill impairment</td><td>3,184</td><td>12,400</td></tr><tr><td colspan="2">All other noninterest expense</td><td>77,090</td><td>70,708</td></tr><tr><td colspan="2">Income (loss) before income taxes</td><td>742</td><td>-153</td></tr><tr><td colspan="2">Income tax expense (benefit) (FTE basis)<sup>(1)</sup></td><td>-704</td><td>2,085</td></tr><tr><td colspan="2">Net income (loss)</td><td>1,446</td><td>-2,238</td></tr><tr><td colspan="2">Preferred stock dividends</td><td>1,361</td><td>1,357</td></tr><tr><td colspan="2">Net income (loss) applicable to common shareholders</td><td>$85</td><td>$-3,595</td></tr><tr><td colspan="2">Per common share information</td><td></td><td></td></tr><tr><td colspan="2">Earnings (loss)</td><td>$0.01</td><td>$-0.37</td></tr><tr><td colspan="2">Diluted earnings (loss)</td><td>0.01</td><td>-0.37</td></tr></table>

Question: What is the difference between the greatest Consumer in 2011 and 2010？ (in million)
Answer: 4396