v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Parent
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
Parent
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Total shareholders’ equity   $ 17,429                  
Beginning Balance Outstanding (shares) at Dec. 31, 2023     2,000 924,000              
Beginning Balance at Dec. 31, 2023     $ 1,659 $ 10 $ 11,757 $ 8,186 $ (1,371) $ (2,812) $ 64 $ (5) $ (5)
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)       (6,000)              
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     2,000 918,000              
Ending Balance at Mar. 31, 2024                 34    
Beginning Balance Outstanding (shares) at Dec. 31, 2023     2,000 924,000              
Beginning Balance at Dec. 31, 2023     $ 1,659 $ 10 11,757 8,186 (1,371) (2,812) 64 $ (5) $ (5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income $ 869                    
Other comprehensive income (loss), net of tax (453)                    
Preferred stock dividends (49)                    
Ending Balance Outstanding (shares) at Jun. 30, 2024     2,000 915,000              
Ending Balance at Jun. 30, 2024                 33    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Total shareholders’ equity 17,044   $ 1,659 $ 10 11,666 8,304 (1,371) (3,224)      
Beginning Balance Outstanding (shares) at Mar. 31, 2024     2,000 918,000              
Beginning Balance at Mar. 31, 2024                 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)       (4,000)              
Impact of share repurchase, value (87)       (87)            
Impact of stock transactions under compensation plans, net and other, shares       1,000              
Impact of stock transactions under compensation plans, net and other (4)       (4)            
Other                 (1)    
Ending Balance Outstanding (shares) at Jun. 30, 2024     2,000 915,000              
Ending Balance at Jun. 30, 2024                 33    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Total shareholders’ equity 17,169   $ 1,659 $ 10 11,575 8,561 (1,371) (3,265)      
Total shareholders’ equity 17,879 17,879                  
Beginning Balance Outstanding (shares) at Dec. 31, 2024     2,000 909,000              
Beginning Balance at Dec. 31, 2024 17,910   $ 1,715 $ 9 11,394 9,060 (1,371) (2,928) 31    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income   490       490          
Other comprehensive income (loss), net of tax   636           636      
Cash dividends declared   (226)       (226)          
Preferred stock dividends   (25)       (25)          
Shares repurchased (in shares)       (10,000)              
Impact of share repurchase, value   (242)     (242)            
Impact of stock transactions under compensation plans, net and other, shares       0              
Impact of stock transactions under compensation plans, net and other   9     9            
Other   9           9 6    
Ending Balance Outstanding (shares) at Mar. 31, 2025     2,000 899,000              
Ending Balance at Mar. 31, 2025     $ 1,715 $ 9 11,161 9,299 (1,371) (2,283) 37    
Beginning Balance Outstanding (shares) at Dec. 31, 2024     2,000 909,000              
Beginning Balance at Dec. 31, 2024 17,910   $ 1,715 $ 9 11,394 9,060 (1,371) (2,928) 31    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 1,053                    
Other comprehensive income (loss), net of tax 952                    
Preferred stock dividends (50)                    
Ending Balance Outstanding (shares) at Jun. 30, 2025     1,000 894,000              
Ending Balance at Jun. 30, 2025 18,706               40    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Total shareholders’ equity 18,530 $ 18,530 $ 1,715 $ 9 11,161 9,299 (1,371) (2,283)      
Beginning Balance Outstanding (shares) at Mar. 31, 2025     2,000 899,000              
Beginning Balance at Mar. 31, 2025     $ 1,715 $ 9 11,161 9,299 (1,371) (2,283) 37    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 563         563          
Other comprehensive income (loss), net of tax 316             316      
Cash dividends declared (224)         (224)          
Preferred stock dividends (25)         (25)          
Stock Redeemed or Called During Period, Shares     (1,000)                
Shares repurchased (in shares)       (7,000)              
Impact of share repurchase, value (144)       (144)            
Impact of stock transactions under compensation plans, net and other, shares       2,000              
Impact of stock transactions under compensation plans, net and other 0       0            
Redemption of Series B preferred stock (350)   $ (346)     (4)          
Other                 3    
Ending Balance Outstanding (shares) at Jun. 30, 2025     1,000 894,000              
Ending Balance at Jun. 30, 2025 18,706               $ 40    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Total shareholders’ equity $ 18,666   $ 1,369 $ 9 $ 11,017 $ 9,609 $ (1,371) $ (1,967)