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Consolidated Statement of Condition - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 3,467 $ 3,302
Interest-bearing deposits with banks 116,960 68,965
Securities purchased under resale agreements 3,106 1,487
Trading account assets 815 914
Investment securities available-for-sale 59,048 53,815
Investment securities held-to-maturity purchased under money market liquidity facility (less allowance for credit losses of $1) (fair value of $3,304) 3,299 0
Investment securities held-to-maturity (less allowance for credit losses of $2) (fair value of $50,003 and $42,157) 48,929 41,782
Loans (less allowance for credit losses on loans of $122 and $74) 27,803 26,235
Premises and equipment (net of accumulated depreciation of $4,825 and $4,367) 2,154 2,282
Accrued interest and fees receivable 3,105 3,231
Goodwill 7,683 7,556
Other intangible assets 1,827 2,030
Other assets 36,510 34,011
Total assets 314,706 245,610
Deposits:    
Non-interest-bearing 49,439 34,031
Interest-bearing - U.S. 102,331 77,504
Interest-bearing - non-U.S. 88,028 70,337
Total deposits 239,798 181,872
Securities sold under repurchase agreements 3,413 1,102
Short term borrowings under money market liquidity facility 3,302 0
Other short-term borrowings 685 839
Accrued expenses and other liabilities 27,503 24,857
Long-term debt 13,805 12,509
Total liabilities 288,506 221,179
Commitments, guarantees and contingencies (Notes 12 and 13)
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 10,205 10,132
Retained earnings 23,442 21,918
Accumulated other comprehensive income (loss) 187 (876)
Treasury stock, at cost (150,723,363 and 146,490,226 shares) (10,609) (10,209)
Total shareholders’ equity 26,200 24,431
Total liabilities and shareholders' equity $ 314,706 $ 245,610
Common stock, par value (usd per share) $ 1 $ 1
Preferred stock, no par value (in USD per share) $ 0 $ 0
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