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Consolidated Statement of Changes In Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Preferred Stock
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance at Dec. 31, 2017 $ 22,270 $ 3,196 $ 504 $ 9,799 $ 18,809 $ (1,009) $ (9,029)
Beginning balance (shares) at Dec. 31, 2017     503,880       136,230
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 2,593       2,593    
Other comprehensive income (loss) (347)         (347)  
Preferred stock issued 494 494          
Common stock issued 1,150     586     $ 564
Common stock issued (in shares)             (13,244)
Cash dividends declared:              
Common stock dividends (665)       (665)    
Preferred stock cash dividend (188)       (188)    
Common stock acquired (shares)             3,324
Common stock acquired (350)           $ (350)
Common stock awards exercised (shares)             (2,389)
Common stock awards exercised 145     44     $ 101
Other (shares)             12
Other (365)     (368) 4   $ (1)
Ending balance at Dec. 31, 2018 24,737 3,690 $ 504 10,061 20,553 (1,356) $ (8,715)
Ending balance (shares) at Dec. 31, 2018     503,880       123,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 2,242       2,242    
Reclassification of certain tax effects (84)       84 [1] (84) [1]  
Other comprehensive income (loss) 564         564  
Preferred stock redeemed (750) (728)     (22)    
Cash dividends declared:              
Common stock dividends (728)       (728)    
Preferred stock cash dividend (210)       (210)    
Common stock acquired (shares)             24,884
Common stock acquired (1,600)           $ (1,600)
Common stock awards exercised (shares)             (2,295)
Common stock awards exercised 198     95     $ 103
Other (shares)             (32)
Other (22)     (24) (1)   $ 3
Ending balance at Dec. 31, 2019 24,431 2,962 $ 504 10,132 21,918 (876) $ (10,209)
Ending balance (shares) at Dec. 31, 2019     503,880       146,490
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 2,420       2,420    
Other comprehensive income (loss) 1,063         1,063  
Preferred stock redeemed (500) (491)     (9)    
Cash dividends declared:              
Common stock dividends (734)       (734)    
Preferred stock cash dividend (152)       (152)    
Common stock acquired (shares)             6,464
Common stock acquired (500)           $ (500)
Common stock awards exercised (shares)             (2,233)
Common stock awards exercised 172     72     $ 100
Other (shares)             2
Other 0     1 (1)    
Ending balance at Dec. 31, 2020 $ 26,200 $ 2,471 $ 504 $ 10,205 $ 23,442 $ 187 $ (10,609)
Ending balance (shares) at Dec. 31, 2020     503,880       150,723
[1] Represents the reclassification from accumulated other comprehensive income into retained earnings as a result of our adoption of ASU 2018-02 - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income in the first quarter of 2019.