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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and due from banks $ 1,283 $ 1,489
Interest-bearing cash and due from banks 6,691 9,058
Interest-bearing deposits in banks 320 303
Debt securities available for sale, at fair value (including $1,335 and $270 pledged to creditors, respectively) [1] 23,845 24,007
Debt securities held to maturity (fair value of $9,064 and $9,042 respectively, and including $163 and $110 pledged to creditors, respectively) [1] 9,677 9,834
Loans held for sale, at fair value 855 774
Other loans held for sale 1,000 208
Loans and leases 154,688 156,662
Less: Allowance for loan and lease losses (2,017) (1,983)
Net loans and leases 152,671 154,679
Derivative assets 569 842
Premises and equipment, net 866 844
Bank-owned life insurance 3,244 3,236
Goodwill 8,177 8,173
Other intangible assets [2] 185 197
Other assets 12,873 13,089
TOTAL ASSETS 222,256 226,733
Deposits:    
Noninterest-bearing 44,326 49,283
Interest-bearing 127,868 131,441
Total deposits 172,194 180,724
Short-term borrowed funds 1,018 3
Derivative liabilities 1,704 1,909
Long-term borrowed funds 18,855 15,887
Other liabilities 4,284 4,520
TOTAL LIABILITIES 198,055 203,043
Commitments and Contingencies (refer to Note 11)
Preferred stock:    
$25.00 par value,100,000,000 shares authorized; 2,050,000 shares issued and outstanding at March 31, 2023 and December 31, 2022 2,014 2,014
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized; 647,009,415 shares issued and 483,982,264 shares outstanding at March 31, 2023 and 645,220,018 shares issued and 492,282,158 shares outstanding at December 31, 2022 6 6
Additional paid-in capital 22,183 22,142
Retained earnings 9,416 9,159
Treasury stock, at cost, 163,027,151 and 152,937,860 shares at March 31, 2023 and December 31, 2022, respectively (5,475) (5,071)
Accumulated other comprehensive income (loss) (3,943) (4,560)
TOTAL STOCKHOLDERS’ EQUITY 24,201 23,690
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 222,256 $ 226,733
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] Excludes MSRs, which are reported in Other assets.