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Consolidated Statement of Condition - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 4,932 $ 3,302
Interest-bearing deposits with banks 147,735 68,965
Securities purchased under resale agreements 1,037 1,487
Trading account assets 872 914
Investment securities available-for-sale 55,843 53,815
Investment securities to held-to-maturity purchased under money market liquidity facility (less allowance for credit losses of $4) (fair value of $26,808) 26,808 0
Investment securities held-to-maturity (fair value of $42,201 and $42,157) 41,150 41,782
Loans (less allowance for credit losses on loans of $97 and $74) 32,282 26,235
Premises and equipment (net of accumulated depreciation of $4,459 and $4,367) 2,225 2,282
Accrued interest and fees receivable 3,274 3,231
Goodwill 7,506 7,556
Other intangible assets 1,963 2,030
Other assets 36,900 34,011
Total assets 362,527 245,610
Deposits:    
Non-interest-bearing 69,404 34,031
Interest-bearing - U.S. 110,106 77,504
Interest-bearing - non-U.S. 77,594 70,337
Total deposits 257,104 181,872
Securities sold under repurchase agreements 5,373 1,102
Short-term borrowings under money market liquidity facility 25,665 0
Other short-term borrowings 4,835 839
Accrued expenses and other liabilities 30,151 24,857
Long-term debt 15,538 12,509
Total liabilities 338,666 221,179
Commitments, guarantees and contingencies (Notes 10 and 11)
Shareholders’ equity:    
Common stock, $1 par, 750,000,000 shares authorized: 503,879,642 and 503,879,642 shares issued, and 357,389,416 and 379,946,724 shares outstanding 504 504
Surplus 10,155 10,132
Retained earnings 22,315 21,918
Accumulated other comprehensive income (loss) (920) (876)
Treasury stock, at cost (151,935,784 and 146,490,226 shares) (10,664) (10,209)
Total shareholders’ equity 23,861 24,431
Total liabilities and shareholders' equity 362,527 245,610
Series C Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding 0 491
Series D Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding 742 742
Series F Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding 742 742
Series G Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding 493 493
Series H Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding $ 494 $ 494