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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Loans, including loans held for sale $ 6,368 $ 6,134
Investment securities 655 452
Other 69 51
Total interest income 7,092 6,637
Interest expense:    
Deposits 817 539
Securitized debt obligations 143 107
Senior and subordinated notes 314 251
Other borrowings 27 22
Total interest expense 1,301 919
Net interest income 5,791 5,718
Provision for credit losses 1,693 1,674
Net interest income after provision for credit losses 4,098 4,044
Non-interest income:    
Interchange fees, net 758 643
Service charges and other customer-related fees 353 432
Net securities gains 24 8
Other 157 108
Total non-interest income 1,292 1,191
Non-interest expense:    
Salaries and associate benefits 1,573 1,520
Occupancy and equipment 493 490
Marketing 517 414
Professional services 291 210
Communications and data processing 303 306
Amortization of intangibles 30 44
Other 464 589
Total non-interest expense 3,671 3,573
Income from continuing operations before income taxes 1,719 1,662
Income tax provision 309 319
Income from continuing operations, net of tax 1,410 1,343
Income from discontinued operations, net of tax 2 3
Net income 1,412 1,346
Dividends and undistributed earnings allocated to participating securities (12) (10)
Preferred stock dividends (52) (52)
Net income available to common stockholders $ 1,348 $ 1,284
Basic earnings per common share:    
Net income from continuing operations $ 2.87 $ 2.63
Income from discontinued operations 0.00 0.01
Net income per basic common share 2.87 2.64
Diluted earnings per common share:    
Net income from continuing operations 2.86 2.61
Income from discontinued operations 0.00 0.01
Net income per diluted common share $ 2.86 $ 2.62