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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 5,107 $ 4,164
Interest-bearing deposits and other short-term investments 21,697 17,582
Total cash and cash equivalents 26,804 21,746
Restricted cash for securitization investors 281 308
Securities available for sale (amortized cost of $93.0 billion and $94.9 billion and allowance for credit losses of $1 million as of both March 31, 2022 and December 31, 2021) 89,076 95,261
Loans held for investment:    
Total loans held for investment 280,466 277,340
Allowance for credit losses (11,308) (11,430)
Net loans held for investment 269,158 265,910
Loans held for sale ($928 million and $1.0 billion carried at fair value as of March 31, 2022 and December 31, 2021, respectively) 1,155 5,888
Premises and equipment, net 4,238 4,210
Interest receivable 1,479 1,460
Goodwill 14,784 14,782
Other assets 27,220 22,816
Total assets 434,195 432,381
Liabilities:    
Interest payable 261 281
Deposits [Abstract]    
Non-interest-bearing deposits 37,781 38,043
Interest-bearing deposits 275,648 272,937
Total deposits 313,429 310,980
Securitized debt obligations 13,740 14,994
Other debt:    
Federal funds purchased and securities loaned or sold under agreements to repurchase 594 820
Senior and subordinated notes 26,976 27,219
Other borrowings 4,048 53
Total other debt 31,618 28,092
Other liabilities 18,802 17,005
Total liabilities 377,850 371,352
Commitments, contingencies and guarantees (see Note 13)
Stockholders’ equity:    
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; 4,975,000 shares issued and outstanding as of both March 31, 2022 and December 31, 2021) 0 0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 687,601,852 and 685,057,944 shares issued as of March 31, 2022 and December 31, 2021, respectively; 398,987,722 and 413,858,537 shares outstanding as of March 31, 2022 and December 31, 2021, respectively) 7 7
Additional paid-in capital, net 34,286 34,112
Retained earnings 53,099 51,006
Accumulated other comprehensive income (loss) (4,093) 374
Treasury stock, at cost (par value $0.01 per share; 288,614,130 and 271,199,407 shares as of March 31, 2022 and December 31, 2021, respectively) (26,954) (24,470)
Total stockholders’ equity 56,345 61,029
Total liabilities and stockholders’ equity 434,195 432,381
Unsecuritized loans held for investment    
Loans held for investment:    
Total loans held for investment 257,505 252,468
Loans held in consolidated trusts    
Loans held for investment:    
Total loans held for investment 22,961 24,872
Total assets 24,851 26,458
Other debt:    
Total liabilities $ 14,317 $ 15,256