v3.20.4
Condensed Financial Information Parent Company Statement of Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Salaries and employee benefits $ 2,100 $ 1,916 $ 1,947
Interest expense 368 851 602
Furniture and equipment expense 348 325 325
Income from continuing operations before income taxes 1,314 1,985 1,955
Income tax expense (benefit) [1],[2] 220 403 387
Income from continuing operations 1,094 1,582 1,568
Income from discontinued operations before income taxes 0 0 271
Income tax expense 0 0 80
Income from discontinued operations, net of tax 0 0 191
Net income 1,094 1,582 1,759
Preferred stock dividends (103) (79) (64)
Net income available to common shareholders 991 1,503 1,695
Parent Company [Member]      
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries 280 1,675 2,190
Interest Income 8 4 3
Other Income 53 7 7
Total Revenues 341 1,686 2,200
Salaries and employee benefits 56 54 52
Interest expense 93 153 123
Furniture and equipment expense 4 5 4
Other Expenses 79 84 76
Operating Expenses 232 296 255
Income from continuing operations before income taxes 109 1,390 1,945
Income tax expense (benefit) (36) (68) (64)
Income from continuing operations 145 1,458 2,009
Income from discontinued operations before income taxes 0 0 271
Income tax expense 0 0 80
Income from discontinued operations, net of tax 0 0 191
Income Loss Before Equity In Undistributed Earnings Loss Of Subsidiaries And Preferred Dividends 145 1,458 2,200
Equity In Undistributed Earnings Of Subsidiaries 949 124 (441)
Net income 1,094 1,582 1,759
Preferred stock dividends (103) (79) (64)
Net income available to common shareholders 991 1,503 1,695
Bank [Member] | Parent Company [Member]      
Equity In Undistributed Earnings Of Subsidiaries 905 110 (454)
Non-Bank [Member] | Parent Company [Member]      
Equity In Undistributed Earnings Of Subsidiaries $ 44 $ 14 $ 13
[1] Income tax expense includes amortization of affordable housing investments of $133 million, $131 million, and $137 million for 2020, 2019 and 2018, respectively.
[2] The table above does not include total income tax expense from discontinued operations of zero, zero, and $80 million in 2020, 2019 and 2018, respectively. The deferred income tax expense reflected in discontinued operations was zero, zero and $43 million in 2020, 2019 and 2018, respectively