v3.22.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income, including other financing income on:      
Loans, including fees $ 3,452 $ 3,610 $ 3,866
Debt securities 533 582 643
Loans held for sale 37 28 17
Other earning assets 59 42 70
Total interest income 4,081 4,262 4,596
Interest expense on:      
Deposits 64 180 447
Short-term borrowings 0 10 53
Long-term borrowings 103 178 351
Total interest expense 167 368 851
Net interest income 3,914 3,894 3,745
Provision for (benefit from) credit losses (1) [1],[2] (524) 1,330 387
Net interest income after provision for credit losses (1) [1] 4,438 2,564 3,358
Non-interest income:      
Total Noninterest Income 2,524 2,393 2,116
Non-interest expense:      
Salaries and employee benefits 2,205 2,100 1,916
Net occupancy expense 303 313 321
Equipment and software expense 365 348 325
Other 874 882 927
Total non-interest expense 3,747 3,643 3,489
Income before income taxes 3,215 1,314 1,985
Income tax expense [3] 694 220 403
Net income 2,521 1,094 1,582
Net income available to common shareholders $ 2,400 $ 991 $ 1,503
Weighted Average Number of Shares Outstanding, Diluted [Abstract]      
Basic 956 959 995
Diluted 963 962 999
Earnings Per Share [Abstract]      
Basic $ 2.51 $ 1.03 $ 1.51
Diluted $ 2.49 $ 1.03 $ 1.50
Service charges on deposit accounts      
Non-interest income:      
Total Noninterest Income $ 648 $ 621 $ 729
Card and ATM fees      
Non-interest income:      
Total Noninterest Income 499 438 455
Investment management and trust fee income      
Non-interest income:      
Total Noninterest Income 278 253 243
Capital Markets [Member]      
Non-interest income:      
Total Noninterest Income 331 275 178
Mortgage income      
Non-interest income:      
Total Noninterest Income 242 333 163
Securities gains, net [Member]      
Non-interest income:      
Total Noninterest Income 3 4 (28)
Other [Member]      
Non-interest income:      
Total Noninterest Income $ 523 $ 469 $ 376
[1] Upon adoption of CECL on January 1, 2020, the provision for credit losses is the sum of the provision for loans losses and the provision for unfunded credit commitments. Prior to the adoption of CECL, the provision for unfunded commitments was included in other non-interest expense.
[2] Upon adoption of CECL on January 1, 2020, the provision for credit losses presented within net interest income after provision for credit losses is the sum of the provision for loan losses and the provision for unfunded credit commitments. Prior to the adoption of CECL, the provision for unfunded commitments was included in other non-interest expense.
[3] Income tax expense includes gross amortization of affordable housing investments of $139 million, $133 million, and $131 million for 2021, 2020 and 2019, respectively.