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Equity (Tables)
 12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Preferred Stock - Authorized, Issued and Outstanding The following table provides the number of preferred shares issued and outstanding, the liquidation value per share and the number of authorized preferred shares:
Table 77: Preferred Stock - Authorized, Issued and Outstanding
   Preferred Shares
December 31
Shares in thousands		Liquidation
value per share		20202019
Authorized
$1 par value20,000 20,000 
Issued and outstanding
Series B$40 1 1 
Series O$100,000 10 10 
Series P$100,000 15 15 
Series Q (a)$100,000 5 
Series R$100,000 5 5 
Series S$100,000 5 5 
Total issued and outstanding 36 41 
(a)On September 1, 2020, PNC redeemed all 4,800 shares of its Series Q Preferred Stock, as well as all 19.2 million Depositary Shares representing fractional interest in such shares.
Terms Of Outstanding Preferred Stock
The following table discloses information related to the preferred stock outstanding as of December 31, 2020:
Table 78: Terms of Outstanding Preferred Stock
Preferred StockIssue
Date		Number of
Depositary
Shares Issued and Outstanding 		Fractional Interest in a share of preferred stock represented by each Depositary ShareDividend Dates (a)Annual Per Share Dividend RateOptional
Redemption
Date (b)
Series B (c)(c)N/AN/A
Quarterly from March 10th
$1.80 None
Series O (d)July 27, 2011
1 million
1/100th
Semi-annually beginning on February 1, 2012
until August 1, 2021
 
Quarterly beginning on November 1, 2021
6.75% until August 1, 2021
 

3 Mo. LIBOR plus 3.678% per annum beginning on August 1, 2021
August 1, 2021
Series P (d)April 24, 2012
60 million
1/4,000th
Quarterly beginning on August 1, 2012
6.125% until May 1, 2022
3 Mo. LIBOR plus 4.0675% per annum beginning on May 1, 2022
May 1, 2022
Series R (d)May 7, 2013500,000 
1/100th
Semi-annually beginning on December 1, 2013 until June 1, 2023
 
Quarterly beginning on September 1, 2023
4.85% until June 1, 2023

 
3 Mo. LIBOR plus 3.04% per annum beginning June 1, 2023
June 1, 2023
Series S (d)November 1, 2016525,000 
1/100th
Semi-annually beginning on May 1, 2017
until November 1, 2026
 
Quarterly beginning on February 1, 2027
5.00% until November 1, 2026
 

3 Mo. LIBOR plus 3.30% per annum beginning November 1, 2026
November 1, 2026
(a)Dividends are payable when, as, and if declared by our Board of Directors or an authorized committee of our Board of Directors.
(b)Redeemable at our option on or after the date stated. With the exception of the Series B preferred stock, redeemable at our option within 90 days of a regulatory capital treatment event as defined in the designations.
(c)Cumulative preferred stock. Holders of Series B preferred stock are entitled to 8 votes per share, which is equal to the number of full shares of common stock into which the Series B preferred stock is convertible. The Series B preferred stock was issued in connection with the consolidation of Pittsburgh National Corporation and Provident National Corporation in 1983.
(d)Non-Cumulative preferred stock.
Dividends Per Share
The following table provides the dividends per share for PNC's common and preferred stock:
Table 79: Dividends Per Share
December 31202020192018
Common Stock$4.60 $4.20 $3.40 
Preferred Stock
   Series B$1.80 $1.80 $1.80 
   Series O$6,750 $6,750 $6,750 
   Series P$6,125 $6,125 $6,125 
   Series Q$4,031 $5,375 $5,375 
   Series R$4,850 $4,850 $4,850 
   Series S$5,000 $5,000 $5,000