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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Loans, including loans held for sale $ 5,989 $ 5,669 $ 12,123 $ 11,295
Investment securities 539 433 991 849
Other 68 26 119 54
Total interest income 6,596 6,128 13,233 12,198
Interest expense:        
Deposits 622 382 1,161 735
Securitized debt obligations 124 82 231 151
Senior and subordinated notes 289 179 540 328
Other borrowings 10 12 32 37
Total interest expense 1,045 655 1,964 1,251
Net interest income 5,551 5,473 11,269 10,947
Provision for credit losses 1,276 1,800 2,950 3,792
Net interest income after provision for credit losses 4,275 3,673 8,319 7,155
Revenue from Contract with Customer, Excluding Assessed Tax 882   1,686  
Non-interest income:        
Interchange fees, Net 723 676 1,366 1,246
Service charges and other customer-related fees 391 418 823 789
Net securities gains (losses) 1 4 (7) 4
Other 528 141 636 261
Total non-interest income 1,641 1,231 2,832 2,292
Non-interest expense:        
Salaries and associate benefits 1,430 1,383 2,950 2,854
Occupancy and equipment 503 474 993 945
Marketing 425 435 839 831
Professional services 234 279 444 526
Communications and data processing 317 289 623 577
Amortization of intangibles 43 61 87 123
Other 472 493 1,061 992
Total non-interest expense 3,424 3,414 6,997 6,848
Income from continuing operations before income taxes 2,492 1,490 4,154 2,599
Income tax provision 575 443 894 757
Income from continuing operations, net of tax 1,917 1,047 3,260 1,842
Income (loss) from discontinued operations, net of tax (11) (11) (8) 4
Net income 1,906 1,036 3,252 1,846
Dividends and undistributed earnings allocated to participating securities (12) (8) (23) (13)
Preferred stock dividends (80) (80) (132) (133)
Net income available to common stockholders $ 1,814 $ 948 $ 3,097 $ 1,700
Basic earnings per common share:        
Net income from continuing operations (in dollars per share) $ 3.76 $ 1.98 $ 6.39 $ 3.51
Income (loss) from discontinued operations (in dollars per share) (0.02) (0.02) (0.02) 0.01
Net income per basic common share (in dollars per share) 3.74 1.96 6.37 3.52
Diluted earnings per common share:        
Net income from continuing operations (in dollars per share) 3.73 1.96 6.35 3.48
Income (loss) from discontinued operations (in dollars per share) (0.02) (0.02) (0.02) 0.01
Net income per diluted common share (in dollars per share) 3.71 1.94 6.33 3.49
Dividends declared and paid per common share (in dollars per share) $ 0.40 $ 0.40 $ 0.80 $ 0.80