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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 4,825 $ 4,164
Interest-bearing deposits and other short-term investments 16,728 17,582
Total cash and cash equivalents 21,553 21,746
Restricted cash for securitization investors 697 308
Securities available for sale (amortized cost of $0.0 billion and $94.9 billion and allowance for credit losses of $0 million and $1 million as of June 30, 2022 and December 31, 2021, respectively) 83,022 95,261
Loans held for investment:    
Total loans held for investment 296,384 277,340
Allowance for credit losses (11,491) (11,430)
Net loans held for investment 284,893 265,910
Loans held for sale ($767 million and $1.0 billion carried at fair value as of June 30, 2022 and December 31, 2021, respectively) 875 5,888
Premises and equipment, net 4,238 4,210
Interest receivable 1,611 1,460
Goodwill 14,778 14,782
Other assets 28,621 22,816
Total assets 440,288 432,381
Liabilities:    
Interest payable 333 281
Deposits [Abstract]    
Non-interest-bearing deposits 37,004 38,043
Interest-bearing deposits 270,881 272,937
Total deposits 307,885 310,980
Securitized debt obligations 17,466 14,994
Other debt:    
Federal funds purchased and securities loaned or sold under agreements to repurchase 440 820
Senior and subordinated notes 30,489 27,219
Other borrowings 10,543 53
Total other debt 41,472 28,092
Other liabilities 19,722 17,005
Total liabilities 386,878 371,352
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 June 30, 2022 and December 31, 2021) 0 0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 688,277,408 and 685,057,944 shares issued as of June 30, 2022 and December 31, 2021, respectively; 383,817,721 and 413,858,537 shares outstanding as of June 30, 2022 and December 31, 2021, respectively) 7 7
Additional paid-in capital, net 34,425 34,112
Retained earnings 54,836 51,006
Accumulated other comprehensive income (loss) (6,916) 374
Treasury stock, at cost (par value $0.01 per share; 304,459,687 and 271,199,407 shares as of June 30, 2022 and December 31, 2021, respectively) (28,942) (24,470)
Total stockholders’ equity 53,410 61,029
Total liabilities and stockholders’ equity 440,288 432,381
Unsecuritized loans held for investment    
Loans held for investment:    
Total loans held for investment 271,339 252,468
Loans held in consolidated trusts    
Loans held for investment:    
Total loans held for investment 25,045 24,872
Total assets 27,534 26,458
Other debt:    
Total liabilities $ 18,124 $ 15,256