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Earnings Per Common Share (EPS) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Basic and diluted:        
Net income $ 2,280 $ 257 $ 4,515 $ 624
Preferred dividends (15) (17) (29) (49)
Net income available to common shareholders 2,265 240 4,486 575
Earnings allocated to participating share awards (16) (2) (31) (4)
Net income attributable to common shareholders $ 2,249 $ 238 $ 4,455 $ 571
Denominator:        
Basic: Weighted-average common stock (in shares) 801,000 804,000 802,000 806,000
Add: Weighted-average stock options (in shares) 1,000 1,000 1,000 1,000
Diluted (in shares) 802,000 805,000 803,000 807,000
Basic EPS (in dollars per share) $ 2.81 [1] $ 0.29 [1] $ 5.55 [2] $ 0.71 [2]
Diluted EPS (in dollars per share) $ 2.80 [1] $ 0.29 [1] $ 5.54 [2] $ 0.71 [2]
Stock options        
Denominator:        
The dilutive effect of securities excluded from the calculation of earnings per share (in shares) 10 1,510 210 590
[1] Represents net income less (i) earnings allocated to participating share awards of $16 million and $2 million for the three months ended June 30, 2021 and 2020, respectively, and (ii) dividends on preferred shares of $15 million and $17 million for the three months ended June 30, 2021 and 2020, respectively.
[2] Represents net income less (i) earnings allocated to participating share awards of $31 million and $4 million for the six months ended June 30, 2021 and 2020, respectively, and (ii) dividends on preferred shares of $29 million and $49 million for the six months ended June 30, 2021 and 2020, respectively.