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Consolidated Statement of Changes in Equity - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Common stock
Common stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Capital Surplus - Preferred Stock
Capital Surplus - Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Capital Surplus - Common Stock and Other
Capital Surplus - Common Stock and Other
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Noncontrolling Interests
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Beginning Balance (in shares) at Dec. 31, 2018 [1]       457 457                          
Common Stock [Abstract]                                    
Treasury stock activity, shares       (24)                            
Ending Balance, (in shares) at Dec. 31, 2019 [1]       433 433                          
Total Equity, Beginning Balance at Dec. 31, 2018 $ 47,770 [1] $ 62 [2] $ 47,832 $ 2,711 [1] $ 2,711 [1] $ 3,986 [1] $ 3,986 $ 12,291 [1] $ 12,291 $ 38,919 [1] $ 62 [2] $ 38,981 $ (725) [1] $ (725) $ (9,454) [1] $ (9,454) $ 42 [1] $ 42
Common Stock [Abstract]                                    
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13 [Member]                                  
Net income $ 5,418                 5,369             49  
Other comprehensive income, net of tax 1,524                       1,524          
Dividends, Cash [Abstract]                                    
Common (1,895)                 (1,895)                
Preferred (236)                 (236)                
Preferred stock discount accretion           4       (4)                
Common stock activity [3] 21     1       20                    
Treasury stock activity (3,324)             3             (3,327)      
Other 3         3   62                 (62)  
Total Equity, Ending Balance at Dec. 31, 2019 49,343 [1] $ (671) [4] $ 48,672 $ 2,712 [1] $ 2,712 [1] 3,993 [1] $ 3,993 12,376 [1] $ 12,376 42,215 [1] $ (671) [4] $ 41,544 799 [1] $ 799 (12,781) [1] $ (12,781) 29 [1] $ 29
Common Stock [Abstract]                                    
Treasury stock activity, shares       (9)                            
Ending Balance, (in shares) at Dec. 31, 2020 [1]       424                            
Common Stock [Abstract]                                    
Net income 7,558                 7,517             41  
Other comprehensive income, net of tax 1,971                       1,971          
Dividends, Cash [Abstract]                                    
Common (1,980)                 (1,980)                
Preferred (229)                 (229)                
Preferred stock discount accretion           4       (4)                
Common stock activity [3] 24     $ 1       23                    
Treasury stock activity (1,370)             54             (1,424)      
Preferred stock redemption - Series Q [5] (480)         (480)                        
Other (125)             (86)                 (39)  
Total Equity, Ending Balance at Dec. 31, 2020 [1] 54,041     $ 2,713   3,517   12,367   46,848     2,770   (14,205)   31  
Common Stock [Abstract]                                    
Treasury stock activity, shares       (4)                            
Ending Balance, (in shares) at Dec. 31, 2021 [1]       420                            
Common Stock [Abstract]                                    
Net income 5,725                 5,674             51  
Other comprehensive income, net of tax (2,361)                       (2,361)          
Dividends, Cash [Abstract]                                    
Common (2,056)                 (2,056)                
Preferred (233)                 (233)                
Preferred stock discount accretion           5       (5)                
Common stock activity [3] 25             25                    
Treasury stock activity (823)             84             (907)      
Preferred stock issuance - Series T [6] 1,487         1,487                        
Other (79)           (28)                 (51)  
Total Equity, Ending Balance at Dec. 31, 2021 [1] $ 55,726     $ 2,713   $ 5,009   $ 12,448   $ 50,228     $ 409   $ (15,112)   $ 31  
[1] The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation.
[2] Represents the impact of the adoption of ASU 2016-02 related primarily to deferred gains on previous sale-leaseback transactions.
[3] Common stock activity totaled less than 0.5 million shares issued.
[4] Represents the impact of the adoption of ASU 2016-13 - Financial Instruments - Credit Losses.
[5] 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
[6] On September 13, 2021, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 3.400% fixed-rate reset non-cumulative perpetual preferred stock, Series T, with a par value of $1 per share.