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Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Common stock, par value (in dollars per share) $ 5 $ 5
Common stock, authorized (shares) 800,000,000 800,000,000
Common stock, issued (shares) 543,116,271 542,874,829
Common stock held in treasury at cost (shares) 145,087,054 142,298,689
Loans held for sale [1] $ 734.0 $ 1,010.0
Preferred stock 0.5 0.5
Portion at Fair Value Measurement    
Loans held for sale 700.0 900.0
Loans, fair value 1,200.0 1,300.0
Other assets, fair value 100.0 100.0
Other borrowed funds, fair value (less than) 100.0 100.0
Other liabilities, fair value (less than) 100.0 200.0
Preferred stock $ 0.5 $ 0.5
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans of $1.2 billion and Other assets of $0.1 billion at December 31, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.