| Six months ended June 30, (in millions, except ratios) | 2015 | ||
| Excluding interest on deposits | |||
| Income before income tax expense | $ | 16,601 | |
| Fixed charges: | |||
| Interest expense | 3,046 | ||
One-third of rents, net of income from subleases (a) | 267 | ||
| Total fixed charges | 3,313 | ||
| Add: Equity in undistributed loss of affiliates | 159 | ||
| Income before income tax expense and fixed charges, excluding capitalized interest | $ | 20,073 | |
| Fixed charges, as above | $ | 3,313 | |
| Ratio of earnings to fixed charges | 6.06 | ||
| Including interest on deposits | |||
| Fixed charges, as above | $ | 3,313 | |
| Add: Interest on deposits | 672 | ||
| Total fixed charges and interest on deposits | $ | 3,985 | |
| Income before income tax expense and fixed charges, excluding capitalized interest, as above | $ | 20,073 | |
| Add: Interest on deposits | 672 | ||
| Total income before income tax expense, fixed charges and interest on deposits | $ | 20,745 | |
| Ratio of earnings to fixed charges | 5.21 | ||
| (a) | The proportion deemed representative of the interest factor. |
