XML 34 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 3,499 $ 3,014
Other short-term investments [1] 18,876 17,120
Available-for-sale debt and other securities 36,159 39,547
Held-to-maturity securities 11,368 11,278
Trading debt securities 1,057 1,185
Equity securities 453 341
Loans and leases held for sale 733 640
Portfolio loans and leases 122,651 119,791
Allowance for loan and lease losses [1] (2,253) (2,352)
Portfolio loans and leases, net 120,398 117,439
Bank premises and equipment 2,734 2,475
Operating lease equipment 374 319
Goodwill 4,947 4,918
Intangible assets 69 90
Servicing rights 1,598 1,704
Other assets [1] 12,111 12,857
Total Assets 214,376 212,927
Deposits:    
Noninterest-bearing deposits 42,647 41,038
Interest-bearing deposits 129,172 126,214
Total deposits 171,819 167,252
Short-term borrowings 926 4,654
Accrued taxes, interest and expenses 2,083 2,137
Other liabilities [1] 4,235 4,902
Long-term debt [1] 13,589 14,337
Total Liabilities 192,652 193,282
Equity    
Common stock [2] 2,051 2,051
Preferred stock [3] 1,770 2,116
Capital surplus 3,831 3,804
Retained earnings 25,488 24,150
Accumulated other comprehensive loss (3,110) (4,636)
Treasury stock [2] (8,306) (7,840)
Total Equity 21,724 19,645
Total Liabilities and Equity $ 214,376 $ 212,927
[1] Includes $38 and $51 of other short-term investments, $554 and $1,000 of portfolio loans and leases, $(9) and $(19) of ALLL, $3 and $5 of other assets, $11 and $12 of other liabilities and $473 and $889 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2025 and 2024, respectively. For further information, refer to Note 12.
[2] Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at December 31, 2025 – 661,197,787 (excludes 262,694,794 treasury shares), 2024 – 669,853,830 (excludes 254,038,751 treasury shares).
[3]
(c)500,000 shares of no par value preferred stock were authorized at both December 31, 2025 and 2024. There were 436,000 and 422,000 unissued shares of undesignated no par value preferred stock at December 31, 2025 and 2024, respectively. Each issued share of no par value preferred stock has a liquidation preference of $25,000. 500,000 shares of no par value Class B preferred stock were authorized at both December 31, 2025 and 2024. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both December 31, 2025 and 2024. Each issued share of no par value Class B preferred stock has a liquidation preference of $1,000.