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Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Millions
Total
Class A
Class B
Series A
Series B
Series C
Preferred Stock
Preferred Stock
Series B
Preferred Stock
Series C
Common Stock
Class A
Common Stock
Class B
Additional Paid in Capital
Additional Paid in Capital
Class A
Retained Earnings
Retained Earnings
Class A
Retained Earnings
Class B
Retained Earnings
Series A
Retained Earnings
Series B
Retained Earnings
Series C
Accumulated Other Comprehensive Income (Loss)
Beginning balance, shareholders' equity at Dec. 31, 2021 $ 4,738           $ 340     $ 9 $ 1 $ 0   $ 4,378           $ 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income 1,098                         1,098            
Other comprehensive income (loss), net of tax (745)                                     (745)
Issued in CIT Merger 5,279       $ 334 $ 207   $ 334 $ 207 6   5,273                
Stock based compensation 75                     75                
Repurchased shares of Class A common stock   $ (1,240)               (1)     $ (1,239)              
Cash dividends declared   (32) $ (2)                       $ (32) $ (2)        
Preferred stock dividends declared       $ (19) (20) (11)                     $ (19) $ (20) $ (11)  
Ending balance, shareholders' equity at Dec. 31, 2022 9,662           881     14 1 4,109   5,392           (735)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income 11,466                         11,466            
Other comprehensive income (loss), net of tax 244                                     244
Stock based compensation (1)                     (1)                
Cash dividends declared   (53) (4)                       (53) (4)        
Preferred stock dividends declared       (18) (30) (11)                     (18) (30) (11)  
Ending balance, shareholders' equity at Dec. 31, 2023 21,255           881     14 1 4,108   16,742           (491)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income 2,777                         2,777            
Other comprehensive income (loss), net of tax 46                                     46
Stock based compensation (12)                     (12)                
Repurchased shares of Class A common stock   (1,680)               (1)     $ (1,679)              
Cash dividends declared   $ (91) $ (6)                       $ (91) $ (6)        
Preferred stock dividends declared       $ (19) $ (31) $ (11)                     $ (19) $ (31) $ (11)  
Ending balance, shareholders' equity at Dec. 31, 2024 $ 22,228           $ 881     $ 13 $ 1 $ 2,417   $ 19,361           $ (445)