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Consolidated Statement of Condition - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 4,552 $ 3,467
Interest-bearing deposits with banks 107,554 116,960
Securities purchased under resale agreements 5,238 3,106
Trading account assets 786 815
Investment securities available-for-sale 60,512 59,048
Investment securities held-to-maturity purchased under money market liquidity facility (less allowance for credit losses of $0 and $1) (fair value of $201 and $3,304) 201 3,299
Investment securities held-to-maturity (less allowance for credit losses of $2 and $2) (fair value of $46,752 and $50,003) 46,261 48,929
Loans (less allowance for credit losses on loans of $118 and $122) 31,467 27,803
Premises and equipment (net of accumulated depreciation of $4,960 and $4,825) 2,143 2,154
Accrued interest and fees receivable 3,302 3,105
Goodwill 7,629 7,683
Other intangible assets 2,007 1,827
Other assets 45,233 36,510
Total assets 316,885 314,706
Deposits:    
Non-interest-bearing 57,079 49,439
Interest-bearing - U.S. 108,372 102,331
Interest-bearing - non-U.S. 79,442 88,028
Total deposits 244,893 239,798
Securities sold under repurchase agreements 587 3,413
Short term borrowings under money market liquidity facility 200 3,302
Other short-term borrowings 642 685
Accrued expenses and other liabilities 31,722 27,503
Long-term debt 13,836 13,805
Total liabilities 291,880 288,506
Commitments, guarantees and contingencies (Notes 9 and 10)
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 10,227 10,205
Retained earnings 23,751 23,442
Accumulated other comprehensive income (loss) (418) 187
Treasury stock, at cost (155,846,660 and 150,723,363 shares) (11,035) (10,609)
Total shareholders’ equity 25,005 26,200
Total liabilities and shareholders' equity 316,885 314,706
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 247 742
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