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Consolidated Statement of Condition - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 3,631 $ 3,467
Interest-bearing deposits with banks 106,358 116,960
Securities purchased under resale agreements 3,012 3,106
Trading account assets 758 815
Investment securities available-for-sale (less allowance for credit losses of $2 and $0) 73,399 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 $0 and $3,304) 0 3,299
Investment securities held-to-maturity (less allowance for credit losses of $0 and $2) (fair value of $42,271 and $50,003) 42,430 48,929
Loans (less allowance for credit losses on loans of $87 and $122) 32,445 27,803
Premises and equipment (net of accumulated depreciation of $5,391 and $4,825) 2,261 2,154
Accrued interest and fees receivable 3,278 3,105
Goodwill 7,621 7,683
Other intangible assets 1,816 1,827
Other assets 37,615 36,510
Total assets 314,624 314,706
Deposits:    
Non-interest-bearing 56,461 49,439
Interest-bearing - U.S. 102,985 102,331
Interest-bearing - non-U.S. 95,589 88,028
Total deposits 255,035 239,798
Securities sold under repurchase agreements 1,575 3,413
Short term borrowings under money market liquidity facility 0 3,302
Other short-term borrowings 128 685
Accrued expenses and other liabilities 17,048 27,503
Long-term debt 13,475 13,805
Total liabilities 287,261 288,506
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 10,787 10,205
Retained earnings 25,238 23,442
Accumulated other comprehensive income (loss) (1,133) 187
Treasury stock, at cost (137,896,822 and 150,723,363 shares) (10,009) (10,609)
Total shareholders’ equity 27,363 26,200
Total liabilities and shareholders' equity 314,624 314,706
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