v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income, including other financing income on:      
Loans, including fees $ 3,866 $ 3,613 $ 3,228
Debt securities - taxable 643 625 596
Loans held for sale 17 15 16
Other earning assets 59 70 53
Operating lease assets 54 70 94
Total interest income, including other financing income 4,639 4,393 3,987
Interest expense on:      
Deposits 447 250 156
Short-term borrowings 53 30 5
Long-term borrowings 351 322 212
Total interest expense 851 602 373
Depreciation expense on operating lease assets 43 56 75
Total interest expense and depreciation expense on operating lease assets 894 658 448
Net interest income and other financing income 3,745 3,735 3,539
Provision for loan losses 387 229 150
Net interest income and other financing income after provision for loan losses 3,358 3,506 3,389
Total non-interest income 2,116 2,019 1,962
Non-interest expense:      
Salaries and employee benefits 1,916 1,947 1,874
Net occupancy expense 321 335 339
Furniture and equipment expense 325 325 326
Other 927 963 952
Total non-interest expense 3,489 3,570 3,491
Income from continuing operations before income taxes 1,985 1,955 1,860
Income tax expense 403 387 619
Income from continuing operations 1,582 1,568 1,241
Discontinued operations:      
Income from discontinued operations before income taxes 0 271 19
Income tax expense (benefit) 0 80 (3)
Income from discontinued operations, net of tax 0 191 22
Net income 1,582 1,759 1,263
Net Income from continuing operations available to common shareholders 1,503 1,504 1,177
Net income available to common shareholders $ 1,503 $ 1,695 $ 1,199
Weighted Average Number of Shares Outstanding, Diluted [Abstract]      
Basic 995 1,092 1,186
Diluted 999 1,102 1,198
Earnings Per Share From Continuing Operations [Abstract]      
Basic $ 1.51 $ 1.38 $ 0.99
Diluted 1.50 1.36 0.98
Earnings Per Share [Abstract]      
Basic 1.51 1.55 1.01
Diluted $ 1.50 $ 1.54 $ 1.00
Service charges on deposit accounts      
Total non-interest income $ 729 $ 710 $ 683
Card and ATM fees      
Total non-interest income 455 438 417
Investment management and trust fee income      
Total non-interest income 243 235 230
Capital Markets [Member]      
Total non-interest income 178 202 161
Mortgage income      
Total non-interest income 163 137 149
Securities gains, net [Member]      
Total non-interest income (28) 1 19
Other [Member]      
Total non-interest income $ 376 $ 296 $ 303