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Stockholders' Equity and EPS (Tables)
 12 Months Ended
Dec. 31, 2021
Equity and Earnings Per Share [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
The following table summarizes the items reclassified out of AOCI into the Consolidated Statements of Income for 2021, 2020 and 2019:
 Year ended December 31,
(Dollars in millions)Income Statement Location202120202019
Reclassification adjustment for (gains) losses on AFS securities included in net income
Gains on investment securities, net
$(31)$(61)$4 
Related tax expense (benefit)Income tax expense9 17 (1)
Reclassification adjustment for (gains) losses on cash flow hedges included in net income
Net interest income
(63)(50)5 
Related tax expense (benefit)Income tax expense17 14 (2)
Total reclassification adjustment for (gains) losses included in net income, net of tax$(68)$(80)$6 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income
The table below summarizes the activity relating to net gains and losses on our cash flow hedges included in AOCI for 2021, 2020 and 2019. Refer to Note 16—“Derivative Financial Instruments” for additional information regarding the termination of our cash flow hedges during the quarter ended March 31, 2020. Over the next 12 months, we expect that approximately $56 million in AOCI at December 31, 2021, related to our cash flow hedges will be reclassified out of AOCI and recognized in net income.
 Year ended December 31,
(Dollars in millions)202120202019
Balance, beginning of period, net of tax$130 $(2)$— 
Net (decrease) increase in fair value, net of tax(1)168 (6)
Net realized (gain) loss reclassified to net income, net of tax(46)(36)4 
Balance, end of period, net of tax
$83 $130 $(2)
Reconciliation of Basic EPS to Diluted EPS The following is a reconciliation of basic EPS to diluted EPS for 2021, 2020 and 2019:
 Year ended December 31,
(Dollars in millions except per share amounts, shares in thousands)202120202019
Numerator:
Net income available to common stockholders$1,770 $1,191 $1,137 
Denominator:
Weighted average common shares outstanding—basic55,763 51,685 51,915 
Weighted average effect of dilutive securities:
Stock options and ESPP283 151 227 
Restricted stock units592 248 169 
Weighted average common shares outstanding—diluted
56,638 52,084 52,311 
Earnings per common share:
Basic$31.74 $23.05 $21.90 
Diluted$31.25 $22.87 $21.73 
Weighted Average Common Shares Excluded from Diluted EPS Calculation
The following table summarizes the weighted average common shares excluded from the diluted EPS calculation due to the antidilutive effect for 2021, 2020 and 2019:
 Year ended December 31,
(Shares in thousands)202120202019
Stock options37 279 167 
Restricted stock units2 10 250 
Total39 289 417 
Schedule of Preferred Stock
The following table summarizes our preferred stock at December 31, 2021:
SeriesDescriptionAmount outstanding (in millions)Carrying value
(in millions)		Shares issued and outstandingPar ValueOwnership interest per depositary shareLiquidation preference per depositary share2021 dividends paid per depositary share
Series A5.250% Fixed-Rate Non-Cumulative Perpetual Preferred Stock$350 $340 350,000$0.001 1/40th$25 $1.31 
Series B4.100% Fixed-Rate Non-Cumulative Perpetual Preferred Stock750 739 7,5000.001 1/100th1,000 32.23 
Series C4.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock1,000 985 10,0000.001 1/100th1,000 20.22 
Series D4.250% Fixed-Rate Non-Cumulative Perpetual Preferred Stock1,000 989 10,0000.001 1/100th1,000 — 
Series E4.700% Fixed-Rate Non-Cumulative Perpetual Preferred Stock600 593 6,0000.001 1/100th1,000 —