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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Total Wells Fargo stockholders' equity [Member]
Preferred stock [Member]
Common stock [Member]
Additional paid-in capital [Member]
Retained earnings [Member]
Cumulative other comprehensive income [Member]
Treasury stock [Member]
Unearned ESOP Shares [Member]
Noncontrolling interests [Member]
Stockholders' Equity Period Increase (Decrease)                    
Cumulative effect of new accounting principle | Accounting Standards Update (ASU) 2016-01; ASU 2016-04; ASU 2016-16 and ASU 2014-09 [Member] [1] $ (24) $ (24)       $ 94 $ (118)      
Beginning balance, adjusted balance 208,055 206,912 $ 25,358 $ 9,136 $ 60,893 145,357 (2,262) $ (29,892) $ (1,678) $ 1,143
Beginning balance, shares at Dec. 31, 2017     11,677,235 4,891,616,628            
Balance, beginning of period at Dec. 31, 2017 208,079 206,936 $ 25,358 $ 9,136 60,893 145,263 (2,144) (29,892) (1,678) 1,143
Stockholders' Equity Period Increase (Decrease)                    
Net income 10,322 10,322       10,322        
Net income attributable to noncontrolling interests (314)                 314
Net income 10,636                  
Other comprehensive income (loss) attributable to parent, net of tax (3,199) (3,199)         (3,199)      
Other comprehensive income (loss) attributable to noncontrolling interest, net of tax 1                 (1)
Other comprehensive income (loss), net of tax (3,200)           (3,200)      
Noncontrolling interests, adjustments to Additional Paid in Capital   7     7          
Noncontrolling interests                   (575)
Total change in noncontrolling interests (568)                  
Common stock issued 1,281 1,281     5 (231)   1,507    
Common stock, shares issued       30,259,788            
Common stock repurchased [2] (5,952) (5,952)     (1,000)     (4,952)    
Common stock repurchased, shares [2]       (86,339,185)            
Preferred stock issued to ESOP 0 0 $ 1,100   43       (1,143)  
Preferred stock issued to ESOP, shares     1,100,000              
Preferred stock released by ESOP 721 721     (49)       770  
Preferred stock converted to common shares 0 0 $ (721)   27     694    
Preferred stock converted to common shares, shares     (721,251) 13,530,623            
Common stock warrant repurchased/exercised (158) (158)     (158)          
Preferred stock issued 0 0 $ 0   0          
Preferred stock, shares issued     0              
Common stock dividends (3,811) (3,811)     30 (3,841)        
Preferred stock dividends (804) (804)       (804)        
Stock incentive compensation expense 695 695     695          
Net change in deferred compensation and related plans (826) (826)     (849)     23    
Net change (1,986) (1,724) $ 379 $ 0 (1,249) 5,446 (3,199) (2,728) (373) (262)
Net change, shares     378,749 (42,548,774)            
Balance, end of period at Jun. 30, 2018 206,069 205,188 $ 25,737 $ 9,136 59,644 150,803 (5,461) (32,620) (2,051) 881
Ending balance, shares at Jun. 30, 2018     12,055,984 4,849,067,854            
Beginning balance, shares at Mar. 31, 2018     12,546,235 4,873,882,481            
Balance, beginning of period at Mar. 31, 2018 205,910 204,952 $ 26,227 $ 9,136 60,399 147,928 (4,921) (31,246) (2,571) 958
Stockholders' Equity Period Increase (Decrease)                    
Net income 5,186 5,186       5,186        
Net income attributable to noncontrolling interests (123)                 123
Net income 5,309                  
Other comprehensive income (loss) attributable to parent, net of tax (540) (540)         (540)      
Other comprehensive income (loss) attributable to noncontrolling interest, net of tax 1                 (1)
Other comprehensive income (loss), net of tax (541)           (541)      
Noncontrolling interests, adjustments to Additional Paid in Capital   0     0          
Noncontrolling interests                   (199)
Total change in noncontrolling interests (199)                  
Common stock issued 73 73     (20) 0   93    
Common stock, shares issued       1,834,029            
Common stock repurchased [3] (2,923) (2,923)     (1,000)     (1,923)    
Common stock repurchased, shares [3]       (35,771,728)            
Preferred stock issued to ESOP 0 0 $ 0   0       0  
Preferred stock issued to ESOP, shares     0              
Preferred stock released by ESOP 490 490     (30)       520  
Preferred stock converted to common shares 0 0 $ (490)   22     468    
Preferred stock converted to common shares, shares     (490,251) 9,123,072            
Common stock warrant repurchased/exercised (1) (1)     (1)          
Preferred stock issued 0 0 $ 0   0          
Preferred stock, shares issued     0              
Common stock dividends (1,900) (1,900)     17 (1,917)        
Preferred stock dividends (394) (394)       (394)        
Stock incentive compensation expense 258 258     258          
Net change in deferred compensation and related plans (13) (13)     (1)     (12)    
Net change 159 236 $ (490) $ 0 (755) 2,875 (540) (1,374) 520 (77)
Net change, shares     (490,251) (24,814,627)            
Balance, end of period at Jun. 30, 2018 206,069 205,188 $ 25,737 $ 9,136 59,644 150,803 (5,461) (32,620) (2,051) 881
Ending balance, shares at Jun. 30, 2018     12,055,984 4,849,067,854            
Stockholders' Equity Period Increase (Decrease)                    
Cumulative effect of new accounting principle | Accounting Standards Update 2016-02 and Accounting Standards Update 2017-08 [Member] [4] (11) (11)       (492) 481      
Beginning balance, adjusted balance 197,055 196,155 $ 23,214 $ 9,136 60,685 157,671 (5,855) (47,194) (1,502) 900
Beginning balance, shares at Dec. 31, 2018     9,377,216 4,581,253,608            
Balance, beginning of period at Dec. 31, 2018 197,066 196,166 $ 23,214 $ 9,136 60,685 158,163 (6,336) (47,194) (1,502) 900
Stockholders' Equity Period Increase (Decrease)                    
Net income 12,066 12,066       12,066        
Net income attributable to noncontrolling interests (239)                 239
Net income 12,305                  
Other comprehensive income (loss) attributable to parent, net of tax 3,631 3,631         3,631      
Other comprehensive income (loss) attributable to noncontrolling interest, net of tax 0                 0
Other comprehensive income (loss), net of tax 3,631           3,631      
Noncontrolling interests, adjustments to Additional Paid in Capital   0     0          
Noncontrolling interests                   (144)
Total change in noncontrolling interests (144)                  
Common stock issued 1,538 1,538     (2) (367)   1,907    
Common stock, shares issued       36,549,824            
Common stock repurchased (9,718) (9,718)     0     (9,718)    
Common stock repurchased, shares       (202,216,454)            
Preferred stock issued to ESOP 0 0 $ 0   0       0  
Preferred stock issued to ESOP, shares     0              
Preferred stock released by ESOP 193 193     (17)       210  
Preferred stock converted to common shares 0 0 $ (193)   (15)     208    
Preferred stock converted to common shares, shares     (193,047) 4,004,219            
Common stock warrant repurchased/exercised 0 0     0          
Preferred stock issued 0 0 $ 0   0          
Preferred stock, shares issued     0              
Common stock dividends (4,069) (4,069)     39 (4,108)        
Preferred stock dividends (711) (711)     (711)        
Stock incentive compensation expense 791 791     791          
Net change in deferred compensation and related plans (834) (834)     (856)     22    
Net change 2,982 2,887 $ (193) $ 0 (60) 6,880 3,631 (7,581) 210 95
Net change, shares     (193,047) (161,662,411)            
Balance, end of period at Jun. 30, 2019 200,037 199,042 $ 23,021 $ 9,136 60,625 164,551 (2,224) (54,775) (1,292) 995
Ending balance, shares at Jun. 30, 2019     9,184,169 4,419,591,197            
Beginning balance, shares at Mar. 31, 2019     9,377,211 4,511,947,830            
Balance, beginning of period at Mar. 31, 2019 198,733 197,832 $ 23,214 $ 9,136 60,409 160,776 (3,682) (50,519) (1,502) 901
Stockholders' Equity Period Increase (Decrease)                    
Net income 6,206 6,206       6,206        
Net income attributable to noncontrolling interests (132)                 132
Net income 6,338                  
Other comprehensive income (loss) attributable to parent, net of tax 1,458 1,458         1,458      
Other comprehensive income (loss) attributable to noncontrolling interest, net of tax 0                 0
Other comprehensive income (loss), net of tax 1,458           1,458      
Noncontrolling interests, adjustments to Additional Paid in Capital   0     0          
Noncontrolling interests                   (38)
Total change in noncontrolling interests (38)                  
Common stock issued 399 399     (2) (38)   439    
Common stock, shares issued       8,491,923            
Common stock repurchased (4,898) (4,898)     0     (4,898)    
Common stock repurchased, shares       (104,852,744)            
Preferred stock issued to ESOP 0 0 $ 0   0       0  
Preferred stock issued to ESOP, shares     0              
Preferred stock released by ESOP 193 193     (17)       210  
Preferred stock converted to common shares 0 0 $ (193)   (15)     208    
Preferred stock converted to common shares, shares     (193,042) 4,004,188            
Common stock warrant repurchased/exercised 0 0     0          
Preferred stock issued 0 0 $ 0   0          
Preferred stock, shares issued     0              
Common stock dividends (2,015) (2,015)     20 (2,035)        
Preferred stock dividends (358) (358)       (358)        
Stock incentive compensation expense 247 247     247          
Net change in deferred compensation and related plans (22) (22)     (17)     (5)    
Net change 1,304 1,210 $ (193) $ 0 216 3,775 1,458 (4,256) 210 94
Net change, shares     (193,042) (92,356,633)            
Balance, end of period at Jun. 30, 2019 $ 200,037 $ 199,042 $ 23,021 $ 9,136 $ 60,625 $ 164,551 $ (2,224) $ (54,775) $ (1,292) $ 995
Ending balance, shares at Jun. 30, 2019     9,184,169 4,419,591,197            
[1]
Effective January 1, 2018, we adopted ASU 2016-04 – Liabilities – Extinguishments of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products, ASU 2016-01 – Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, and ASU 2014-09 – Revenue from Contracts With Customers (Topic 606) and subsequent related Updates. See Note 1 (Summary of Significant Accounting Policies) for more information.
[2]
(3)
For the quarter ended June 30, 2018, additional paid-in capital was reduced by $1.0 billion for the upfront payment related to a private forward repurchase transaction that settled in third quarter 2018 and reduced our third quarter 2018 shares of common stock by 18.8 million shares upon settlement.
[3]
(1)
For the quarter ended June 30, 2018, additional paid-in capital was reduced by $1.0 billion for the upfront payment related to a private forward repurchase transaction that settled in third quarter 2018 and reduced our third quarter 2018 shares of common stock by 18.8 million shares upon settlement.
[4]
Effective January 1, 2019, we adopted ASU 2016-02 – Leases (Topic 842) and subsequent related Updates, ASU 2017-08 – Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. See Note 1 (Summary of Significant Accounting Policies) for more information.