CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions |
Total |
Preferred Stock |
Common Stock |
Additional Paid-In Capital |
Retained Earnings |
Treasury Stock, At Cost |
Accumulated Other Comprehensive Income (Loss), Net |
Non- controlling Interest |
Cumulative Effect, Period of Adoption, Adjustment |
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Cumulative effect from change in accounting guidance |
|
|
|
|
|
|
|
|
$ 28
|
$ 28
|
| Beginning Balance Outstanding (shares) at Dec. 31, 2022 |
|
2
|
934
|
|
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2022 |
$ 15,947
|
$ 1,659
|
$ 10
|
$ 11,988
|
$ 7,004
|
$ (1,371)
|
$ (3,343)
|
$ 4
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
612
|
|
|
|
612
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
499
|
|
|
|
|
|
499
|
|
|
|
| Cash dividends declared |
(187)
|
|
|
|
(187)
|
|
|
|
|
|
| Preferred stock dividends |
(24)
|
|
|
|
(24)
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
0
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
8
|
|
|
8
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
15
|
|
|
| Ending Balance Outstanding (shares) at Mar. 31, 2023 |
|
2
|
934
|
|
|
|
|
|
|
|
| Ending Balance at Mar. 31, 2023 |
16,883
|
$ 1,659
|
$ 10
|
11,996
|
7,433
|
(1,371)
|
(2,844)
|
19
|
|
|
| Beginning Balance Outstanding (shares) at Dec. 31, 2022 |
|
2
|
934
|
|
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2022 |
15,947
|
$ 1,659
|
$ 10
|
11,988
|
7,004
|
(1,371)
|
(3,343)
|
4
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
1,683
|
|
|
|
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
(893)
|
|
|
|
|
|
|
|
|
|
| Net proceeds from issuance of preferred stock |
0
|
|
|
|
|
|
|
|
|
|
| Ending Balance Outstanding (shares) at Sep. 30, 2023 |
|
2
|
939
|
|
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2023 |
16,100
|
$ 1,659
|
$ 10
|
11,996
|
8,042
|
(1,371)
|
(4,236)
|
25
|
|
|
| Beginning Balance Outstanding (shares) at Mar. 31, 2023 |
|
2
|
934
|
|
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2023 |
16,883
|
$ 1,659
|
$ 10
|
11,996
|
7,433
|
(1,371)
|
(2,844)
|
19
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
581
|
|
|
|
581
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
(596)
|
|
|
|
|
|
(596)
|
|
|
|
| Cash dividends declared |
(187)
|
|
|
|
(187)
|
|
|
|
|
|
| Preferred stock dividends |
(25)
|
|
|
|
(25)
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
5
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
(17)
|
|
|
(17)
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
3
|
|
|
| Ending Balance Outstanding (shares) at Jun. 30, 2023 |
|
2
|
939
|
|
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2023 |
16,639
|
$ 1,659
|
$ 10
|
11,979
|
7,802
|
(1,371)
|
(3,440)
|
22
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
490
|
|
|
|
490
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
(796)
|
|
|
|
|
|
(796)
|
|
|
|
| Cash dividends declared |
(225)
|
|
|
|
(225)
|
|
|
|
|
|
| Preferred stock dividends |
(25)
|
|
|
|
(25)
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
0
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
17
|
|
|
17
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
3
|
|
|
| Ending Balance Outstanding (shares) at Sep. 30, 2023 |
|
2
|
939
|
|
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2023 |
16,100
|
$ 1,659
|
$ 10
|
11,996
|
8,042
|
(1,371)
|
(4,236)
|
25
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Cumulative effect from change in accounting guidance |
|
|
|
|
|
|
|
|
$ (5)
|
$ (5)
|
| Beginning Balance Outstanding (shares) at Dec. 31, 2023 |
|
2
|
924
|
|
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2023 |
17,429
|
$ 1,659
|
$ 10
|
11,757
|
8,186
|
(1,371)
|
(2,812)
|
64
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
368
|
|
|
|
368
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
(412)
|
|
|
|
|
|
(412)
|
|
|
|
| Cash dividends declared |
(220)
|
|
|
|
(220)
|
|
|
|
|
|
| Preferred stock dividends |
(25)
|
|
|
|
(25)
|
|
|
|
|
|
| Shares repurchased (in shares) |
|
|
(6)
|
|
|
|
|
|
|
|
| Impact of share repurchase, value |
(102)
|
|
|
(102)
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
0
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
11
|
|
|
11
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
(30)
|
|
|
| Ending Balance Outstanding (shares) at Mar. 31, 2024 |
|
2
|
918
|
|
|
|
|
|
|
|
| Ending Balance at Mar. 31, 2024 |
17,044
|
$ 1,659
|
$ 10
|
11,666
|
8,304
|
(1,371)
|
(3,224)
|
34
|
|
|
| Beginning Balance Outstanding (shares) at Dec. 31, 2023 |
|
2
|
924
|
|
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2023 |
17,429
|
$ 1,659
|
$ 10
|
11,757
|
8,186
|
(1,371)
|
(2,812)
|
64
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
1,359
|
|
|
|
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
918
|
|
|
|
|
|
|
|
|
|
| Net proceeds from issuance of preferred stock |
489
|
|
|
|
|
|
|
|
|
|
| Ending Balance Outstanding (shares) at Sep. 30, 2024 |
|
2
|
911
|
|
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2024 |
18,676
|
$ 1,715
|
$ 10
|
11,438
|
8,778
|
(1,371)
|
(1,894)
|
51
|
|
|
| Beginning Balance Outstanding (shares) at Mar. 31, 2024 |
|
2
|
918
|
|
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2024 |
17,044
|
$ 1,659
|
$ 10
|
11,666
|
8,304
|
(1,371)
|
(3,224)
|
34
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
501
|
|
|
|
501
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
(41)
|
|
|
|
|
|
(41)
|
|
|
|
| Cash dividends declared |
(220)
|
|
|
|
(220)
|
|
|
|
|
|
| Preferred stock dividends |
(24)
|
|
|
|
(24)
|
|
|
|
|
|
| Shares repurchased (in shares) |
|
|
(4)
|
|
|
|
|
|
|
|
| Impact of share repurchase, value |
(87)
|
|
|
(87)
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
1
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
(4)
|
|
|
(4)
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
(1)
|
|
|
| Ending Balance Outstanding (shares) at Jun. 30, 2024 |
|
2
|
915
|
|
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2024 |
17,169
|
$ 1,659
|
$ 10
|
11,575
|
8,561
|
(1,371)
|
(3,265)
|
33
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income |
490
|
|
|
|
490
|
|
|
|
|
|
| Other comprehensive income (loss), net of tax |
1,371
|
|
|
|
|
|
1,371
|
|
|
|
| Cash dividends declared |
(229)
|
|
|
|
(229)
|
|
|
|
|
|
| Preferred stock dividends |
(29)
|
|
|
|
(29)
|
|
|
|
|
|
| Net proceeds from issuance of preferred stock |
489
|
489
|
|
|
|
|
|
|
|
|
| Redemption of Series B preferred stock |
(500)
|
$ (433)
|
|
(52)
|
(15)
|
|
|
|
|
|
| Shares repurchased (in shares) |
|
|
(4)
|
|
|
|
|
|
|
|
| Impact of share repurchase, value |
(101)
|
|
|
(101)
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other, shares |
|
|
0
|
|
|
|
|
|
|
|
| Impact of stock transactions under compensation plans, net and other |
16
|
|
|
16
|
|
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
18
|
|
|
| Ending Balance Outstanding (shares) at Sep. 30, 2024 |
|
2
|
911
|
|
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2024 |
$ 18,676
|
$ 1,715
|
$ 10
|
$ 11,438
|
$ 8,778
|
$ (1,371)
|
$ (1,894)
|
$ 51
|
|
|