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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 5,193 $ 4,164
Interest-bearing deposits and other short-term investments 25,663 17,582
Total cash and cash equivalents 30,856 21,746
Restricted cash for securitization investors 400 308
Securities available for sale (amortized cost of $87.0 billion and $94.9 billion and allowance for credit losses of $3 million and $1 million as of December 31, 2022 and 2021, respectively) 76,919 95,261
Loans held for investment:    
Total loans held for investment 312,331 277,340
Allowance for credit losses (13,240) (11,430)
Net loans held for investment 299,091 265,910
Loans held for sale ($191 million and $1.0 billion carried at fair value as of December 31, 2022 and 2021, respectively) 203 5,888
Premises and equipment, net 4,351 4,210
Interest receivable 2,104 1,460
Goodwill 14,777 14,782
Other assets 26,548 22,816
Total assets 455,249 432,381
Liabilities:    
Interest payable 527 281
Deposits [Abstract]    
Non-interest-bearing deposits 32,203 38,043
Interest-bearing deposits 300,789 272,937
Total deposits 332,992 310,980
Securitized debt obligations 16,973 14,994
Other debt:    
Federal funds purchased and securities loaned or sold under agreements to repurchase 883 820
Senior and subordinated notes 30,826 27,219
Other borrowings 33 53
Total other debt 31,742 28,092
Other liabilities 20,433 17,005
Total liabilities 402,667 371,352
Commitments, contingencies and guarantees (see Note 18)
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 December 31, 2022 and 2021) 0 0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 690,334,422 and 685,057,944 shares issued as of December 31, 2022 and 2021, respectively; 381,318,702 and 413,858,537 shares outstanding as of December 31, 2022 and 2021, respectively) 7 7
Additional paid-in capital, net 34,725 34,112
Retained earnings 57,184 51,006
Accumulated other comprehensive income (loss) (9,916) 374
Treasury stock, at cost (par value $0.01 per share; 309,015,720 and 271,199,407 shares as of December 31, 2022 and 2021, respectively) (29,418) (24,470)
Total stockholders’ equity 52,582 61,029
Total liabilities and stockholders’ equity 455,249 432,381
Unsecuritized loans held for investment    
Cash and cash equivalents:    
Total cash and cash equivalents 22,006 16,910
Loans held for investment:    
Total loans held for investment 283,282 252,468
Other assets 2,281 1,330
Total assets 81,915 84,202
Other debt:    
Senior and subordinated notes 28,970 23,017
Other liabilities 363 156
Total liabilities 29,333 23,173
Stockholders’ equity:    
Total stockholders’ equity 52,582 61,029
Total liabilities and stockholders’ equity 81,915 84,202
Loans held in consolidated trusts    
Loans held for investment:    
Total loans held for investment 29,049 24,872
Total assets 31,045 26,458
Other debt:    
Total liabilities $ 17,908 $ 15,256