v3.25.4
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Nonvoting Common Stock
Preferred Stock
Common Stock
Common Stock
Common Stock
Nonvoting Common Stock
Additional Paid-In Capital
Retained Earnings
Treasury Stock, at cost
Treasury Stock, at cost
Common Stock
Treasury Stock, at cost
Nonvoting Common Stock
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2022 $ 36,608.0     $ 9,706.0 $ 20.0 $ 1.0 $ 27,075.0 $ 31,066.0 $ (8,639.0)     $ (22,621.0)
Beginning balance (in shares) at Dec. 31, 2022         2,023 51            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 5,067.0 $ 4,925.0 $ 142.0         5,067.0        
Other comprehensive income (loss), net of tax 4,490.0                     4,490.0
Redemption and repurchase of preferred stock, inclusive of tax (471.0)     (515.0)       44.0        
Dividends declared on preferred stock (438.4)             (438.0)        
Dividends declared on common stock (1,838.0)             (1,838.0)        
Repurchase of common stock, inclusive of tax (2,866.0)               (2,866.0)      
Stock option exercises and other 49.0           (145.0)   194.0      
Share-based compensation 294.0           294.0          
Other 63.0           106.0   (43.0)      
Balance at end of period at Dec. 31, 2023 40,958.0     9,191.0 $ 20.0 $ 1.0 27,330.0 33,901.0 (11,354.0)     (18,131.0)
Ending balance (in shares) at Dec. 31, 2023         2,023 51            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 5,942.0 5,777.0 165.0         5,942.0        
Other comprehensive income (loss), net of tax 3,283.0                     3,283.0
Dividends declared on preferred stock (436.6)             (437.0)        
Dividends declared on common stock (1,838.0)             (1,838.0)        
Stock option exercises and other 84.0           (123.0)   207.0      
Share-based compensation 313.0           313.0          
Other 70.0           119.0   (49.0)      
Balance at end of period at Dec. 31, 2024 48,375.0     9,191.0 $ 20.0 $ 1.0 27,639.0 37,568.0 (11,196.0)     (14,848.0)
Ending balance (in shares) at Dec. 31, 2024         2,023 51            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 8,852.0 8,830.0 22.0         8,852.0        
Other comprehensive income (loss), net of tax 3,865.0                     3,865.0
Redemption of preferred stock (2,458.0)     (2,428.0)       (30.0)        
Dividends declared on preferred stock (370.5)             (371.0)        
Dividends declared on common stock (1,958.0)             (1,958.0)        
Repurchase of common stock, inclusive of tax   $ (5,902.0) $ (1,512.0)             $ (5,902.0) $ (1,512.0)  
Repurchase of nonvoting common stock, inclusive of tax (in shares)         19 (19)            
Conversion of nonvoting common stock to common stock (in shares)         32 (32)            
Conversion of nonvoting common stock to common stock         $ 1.0 $ (1.0)            
Stock option exercises and other 156.0           (74.0)   230.0      
Share-based compensation 289.0           289.0          
Other 89.0           142.0 4.0 (57.0)      
Balance at end of period at Dec. 31, 2025 $ 49,425.0     $ 6,763.0 $ 21.0 $ 0.0 $ 27,996.0 $ 44,065.0 $ (18,437.0)     $ (10,983.0)
Ending balance (in shares) at Dec. 31, 2025         2,074 0