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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST INCOME:      
Interest and fees on loans and leases $ 4,253 $ 4,719 $ 5,441
Interest and fees on loans held for sale, at fair value 82 75 63
Interest and fees on other loans held for sale 13 33 13
Investment securities 487 519 642
Interest-bearing deposits in banks 16 11 30
Total interest income 4,851 5,357 6,189
INTEREST EXPENSE:      
Deposits 160 509 1,155
Short-term borrowed funds 1 2 10
Long-term borrowed funds 178 260 410
Total interest expense 339 771 1,575
Net interest income 4,512 4,586 4,614
Provision for credit losses   1,616 393
Net interest income after provision for credit losses 4,923 2,970 4,221
NONINTEREST INCOME:      
Capital markets fees 428 250 216
Service charges and fees 409 403 505
Mortgage banking fees 434 915 302
Card fees 250 217 254
Trust and investment services fees 239 203 202
Letter of credit and loan fees 156 140 135
Foreign exchange and interest rate products 120 120 155
Securities gains, net 10 4 19
Other income 89 67 89
Total noninterest income 2,135 2,319 1,877
NONINTEREST EXPENSE:      
Salaries and employee benefits 2,132 2,123 2,026
Equipment and software 610 565 514
Outside services 595 553 498
Occupancy 333 331 333
Other operating expense 411 419 476
Total noninterest expense 4,081 3,991 3,847
Income before income tax expense 2,977 1,298 2,251
Income tax expense 658 241 460
NET INCOME 2,319 1,057 1,791
Net income available to common stockholders $ 2,206 $ 950 $ 1,718
Weighted-average common shares outstanding:      
Basic (in shares) 425,669,451 427,062,537 449,731,453
Diluted (in shares) 427,435,818 428,157,780 451,213,701
Per common share information:      
Basic earnings (in dollars per share) $ 5.18 $ 2.22 $ 3.82
Diluted earnings (in dollars per share) $ 5.16 $ 2.22 $ 3.81