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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of earnings per share basic and diluted The following table presents the calculation of basic and diluted EPS for the three months ended March 31, 2022 and 2021.
(in millions, except per share amounts)Three months ended March 31,
20222021
Basic earnings per share
Net income$8,282 $14,300 
Less: Preferred stock dividends
397 379 
Net income applicable to common equity
7,885 13,921 
Less: Dividends and undistributed earnings allocated to participating securities
40 70 
Net income applicable to common stockholders
$7,845 $13,851 
Total weighted-average basic shares
  outstanding
2,977.0 3,073.5 
Net income per share
$2.64 $4.51 
Diluted earnings per share
Net income applicable to common stockholders
$7,845 $13,851 
Total weighted-average basic shares
  outstanding
2,977.0 3,073.5 
Add: Dilutive impact of SARs and employee stock options, unvested PSUs and nondividend-earning RSUs
4.0 5.4 
Total weighted-average diluted shares outstanding
2,981.0 3,078.9 
Net income per share
$2.63 $4.50