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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Cash and cash equivalents:    
Cash and due from banks $ 4,620 $ 5,193
Interest-bearing deposits and other short-term investments 40,249 25,663
Total cash and cash equivalents 44,869 30,856
Restricted cash for securitization investors 435 400
Securities available for sale (amortized cost of $87.7 billion and $87.0 billion and allowance for credit losses of $4 million and $3 million as of September 30, 2023 and December 31, 2022, respectively) 74,837 76,919
Loans held for investment:    
Total loans held for investment 314,780 312,331
Allowance for credit losses (14,955) (13,240)
Net loans held for investment 299,825 299,091
Loans held for sale ($314 million and $191 million carried at fair value as of September 30, 2023 and December 31, 2022, respectively) 742 203
Premises and equipment, net 4,378 4,351
Interest receivable 2,469 2,104
Goodwill 15,048 14,777
Other assets 28,832 26,548
Total assets 471,435 455,249
Liabilities:    
Interest payable 685 527
Deposits [Abstract]    
Non-interest-bearing deposits 28,794 32,203
Interest-bearing deposits 317,217 300,789
Total deposits 346,011 332,992
Securitized debt obligations 17,417 16,973
Other debt:    
Federal funds purchased and securities loaned or sold under agreements to repurchase 522 883
Senior and subordinated notes 31,283 30,826
Other borrowings 25 33
Total other debt 31,830 31,742
Other liabilities 21,824 20,433
Total liabilities 417,767 402,667
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 September 30, 2023 and December 31, 2022) 0 0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 695,336,698 and 690,334,422 shares issued as of September 30, 2023 and December 31, 2022, respectively; 380,991,150 and 381,318,702 shares outstanding as of September 30, 2023 and December 31, 2022, respectively) 7 7
Additional paid-in capital, net 35,334 34,725
Retained earnings 60,529 57,184
Accumulated other comprehensive loss (12,224) (9,916)
Treasury stock, at cost (par value $0.01 per share; 314,345,548 and 309,015,720 shares as of September 30, 2023 and December 31, 2022, respectively) (29,978) (29,418)
Total stockholders’ equity 53,668 52,582
Total liabilities and stockholders’ equity 471,435 455,249
Unsecuritized loans held for investment    
Loans held for investment:    
Total loans held for investment 284,953 283,282
Loans held in consolidated trusts    
Loans held for investment:    
Total loans held for investment 29,827 29,049
Total assets 31,854 31,045
Other debt:    
Total liabilities $ 18,355 $ 17,908