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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock, at Cost
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2022     2,000,000 492,000,000          
Beginning balance at Dec. 31, 2022 $ 23,690 $ (26) $ 2,014 $ 6 $ 22,142 $ 9,159 $ (26) $ (5,071) $ (4,560)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared - common stock (609)         (609)      
Dividends declared - preferred stock $ (87)         (87)      
Treasury stock purchased (in shares) (28,472,450)     (29,000,000)          
Treasury stock purchased $ (906)             (906)  
Share repurchase excise tax (9)             (9)  
Share-based compensation plans (in shares)       3,000,000          
Share-based compensation plans 68       68        
Employee stock purchase plan 21       21        
Total comprehensive income (loss):                  
Net income 1,419         1,419      
Other comprehensive income (loss) (683)               (683)
Total comprehensive income (loss) 736         1,419     (683)
Ending balance (in shares) at Sep. 30, 2023     2,000,000 466,000,000          
Ending balance at Sep. 30, 2023 22,878   $ 2,014 $ 6 22,231 9,856   (5,986) (5,243)
Beginning balance (in shares) at Jun. 30, 2023     2,000,000 475,000,000          
Beginning balance at Jun. 30, 2023 23,585   $ 2,014 $ 6 22,207 9,655   (5,734) (4,563)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared - common stock (199)         (199)      
Dividends declared - preferred stock (30)         (30)      
Treasury stock purchased (in shares)       (9,000,000)          
Treasury stock purchased (250)             (250)  
Share repurchase excise tax (2)             (2)  
Share-based compensation plans (in shares)       0          
Share-based compensation plans 17       17        
Employee stock purchase plan 7       7        
Total comprehensive income (loss):                  
Net income 430         430      
Other comprehensive income (loss) (680)               (680)
Total comprehensive income (loss) (250)         430     (680)
Ending balance (in shares) at Sep. 30, 2023     2,000,000 466,000,000          
Ending balance at Sep. 30, 2023 22,878   $ 2,014 $ 6 22,231 9,856   (5,986) (5,243)
Beginning balance (in shares) at Dec. 31, 2023     2,000,000 466,000,000          
Beginning balance at Dec. 31, 2023 24,342   $ 2,014 $ 6 22,250 9,816   (5,986) (3,758)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared - common stock (581)         (581)      
Dividends declared - preferred stock (103)         (103)      
Preferred stock issued 391   391            
Preferred stock redemption $ (300)   $ (293)     (7)      
Treasury stock purchased (in shares) (23,006,560)     (23,000,000)          
Treasury stock purchased $ (825)             (825)  
Share repurchase excise tax (9)             (9)  
Share-based compensation plans (in shares)       2,000,000          
Share-based compensation plans 57       57        
Employee stock purchase plan 20       20        
Total comprehensive income (loss):                  
Net income 1,108         1,108      
Other comprehensive income (loss) 832               832
Total comprehensive income (loss) 1,940         1,108     832
Ending balance (in shares) at Sep. 30, 2024     2,000,000 445,000,000          
Ending balance at Sep. 30, 2024 24,932   $ 2,112 $ 6 22,327 10,233   (6,820) (2,926)
Beginning balance (in shares) at Jun. 30, 2024     2,000,000 453,000,000          
Beginning balance at Jun. 30, 2024 23,869   $ 2,112 $ 6 22,299 10,079   (6,492) (4,135)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared - common stock (190)         (190)      
Dividends declared - preferred stock (38)         (38)      
Treasury stock purchased (in shares)       (8,000,000)          
Treasury stock purchased (325)             (325)  
Share repurchase excise tax (3)             (3)  
Share-based compensation plans (in shares)       0          
Share-based compensation plans 21       21        
Employee stock purchase plan 7       7        
Total comprehensive income (loss):                  
Net income 382         382      
Other comprehensive income (loss) 1,209               1,209
Total comprehensive income (loss) 1,591         382     1,209
Ending balance (in shares) at Sep. 30, 2024     2,000,000 445,000,000          
Ending balance at Sep. 30, 2024 $ 24,932   $ 2,112 $ 6 $ 22,327 $ 10,233   $ (6,820) $ (2,926)