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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Preferred stock, Series H
Preferred stock Series I
Preferred stock, Series J
Preferred Stock Series K
Preferred stock, Series L
Class B Series A Preferred Stock
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Capital Surplus
Capital Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Preferred stock, Series H
Retained Earnings
Preferred stock Series I
Retained Earnings
Preferred stock, Series J
Retained Earnings
Preferred Stock Series K
Retained Earnings
Preferred stock, Series L
Retained Earnings
Class B Series A Preferred Stock
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning Balance at Dec. 31, 2021 $ 22,210                 $ 2,051   $ 2,116   $ 3,624   $ 20,236                 $ 1,207   $ (7,024)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 2,446                             2,446                        
Other comprehensive (loss) income, net of tax (6,317)                                               (6,317)      
Cash dividends declared:                                                        
Common stock (877)                             (877)                        
Preferred stock [1]   $ (31) $ (30) $ (15) $ (12) $ (16) $ (12)                   $ (31) $ (30) $ (15) $ (12) $ (16) $ (12)            
Shares acquired for treasury (100)                                                   (100)  
Impact of stock transactions under stock compensation plans, net 81                         60                         21  
Ending Balance at Dec. 31, 2022 $ 17,327             $ 37 $ 17,364 2,051 $ 2,051 2,116 $ 2,116 3,684 $ 3,684 21,689             $ 37 $ 21,726 (5,110) $ (5,110) (7,103) $ (7,103)
Cash dividends declared:                                                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2022-02 [Member]                                                      
Net Income $ 2,349                             2,349                        
Other comprehensive (loss) income, net of tax 623                                               623      
Common stock (941)                             (941)                        
Preferred stock [1]   (42) (30) (25) (12) (16) (12)                   (42) (30) (25) (12) (16) (12)            
Shares acquired for treasury (201)                                                   (201)  
Impact of stock transactions under stock compensation plans, net 115                         73                         42  
Ending Balance at Dec. 31, 2023 19,172             $ (10) [2] $ 19,162 2,051 $ 2,051 2,116 $ 2,116 3,757 $ 3,757 22,997             $ (10) [2] $ 22,987 (4,487) $ (4,487) (7,262) $ (7,262)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 2,314                             2,314                        
Other comprehensive (loss) income, net of tax (149)                                               (149)      
Cash dividends declared:                                                        
Common stock [1] (992)                             (992)                        
Preferred stock [1]   $ (51) $ (42) $ (26) $ (12) $ (16) $ (12)                   $ (51) $ (42) $ (26) $ (12) $ (16) $ (12)            
Shares acquired for treasury (630)                                                   (630)  
Impact of stock transactions under stock compensation plans, net 99                         47                         52  
Ending Balance at Dec. 31, 2024 $ 19,645                 $ 2,051   $ 2,116   $ 3,804   $ 24,150                 $ (4,636)   $ (7,840)  
[1] Refer to Note 24 for further information on dividends declared for preferred stock.
[2] Related to the adoption of ASU 2023-02 as of January 1, 2024. Refer to Note 1 for additional information.