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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Preferred Shares
Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Series B Preferred Stock
Series B Preferred Stock
Retained Earnings
Series C Preferred Stock
Series C Preferred Stock
Retained Earnings
Beginning Balance at Dec. 31, 2019 $ 23,071 $ (882) $ 0 $ 163 $ 11,774 $ (2,737) $ 13,871        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 624           624        
Other comprehensive income (loss) (174)         (174) 0        
Repurchase of common shares (875)     (2) (105)   (768)        
Other changes, primarily employee plans 43       91   (48)        
Cash dividends declared preferred               $ (20) $ (20) $ (29) $ (29)
Cash dividends declared common (696)           (696)        
Ending Balance at Jun. 30, 2020 $ 21,062   0 161 11,760 (2,911) 12,052        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                    
Beginning Balance at Mar. 31, 2020 $ 21,006   0 161 11,680 (2,996) 12,161        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 257           257        
Other comprehensive income (loss) 85         85 0        
Other changes, primarily employee plans 79       80   (1)        
Cash dividends declared preferred               (9) (9) (8) (8)
Cash dividends declared common (348)           (348)        
Ending Balance at Jun. 30, 2020 21,062   0 161 11,760 (2,911) 12,052        
Beginning Balance at Dec. 31, 2020 22,984   0 161 11,881 (2,895) 13,837        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 4,515           4,515        
Other comprehensive income (loss) 14         14 0        
Repurchase of common shares (1,346)     (2) (134)   (1,210)        
Other changes, primarily employee plans 94     1 111   (18)        
Cash dividends declared preferred               (14) (14) (15) (15)
Cash dividends declared common (693)           (693)        
Ending Balance at Jun. 30, 2021 25,539   0 160 11,858 (2,881) 16,402        
Beginning Balance at Mar. 31, 2021 24,449   0 161 11,878 (2,898) 15,308        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 2,280           2,280        
Other comprehensive income (loss) 17         17 0        
Repurchase of common shares (908)     (1) (85)   (822)        
Other changes, primarily employee plans 62       65   (3)        
Cash dividends declared preferred               $ (7) $ (7) $ (8) $ (8)
Cash dividends declared common (346)           (346)        
Ending Balance at Jun. 30, 2021 $ 25,539   $ 0 $ 160 $ 11,858 $ (2,881) $ 16,402        
[1] Represents $1,170 million, net of tax of $288 million, related to the impact as of January 1, 2020 of adopting the current expected credit loss methodology for the recognition of credit losses on certain financial instruments.