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Consolidated Statement of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Operating Activities:      
Net income $ 549,000,000 $ 604,000,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax (benefit) 32,000,000 7,000,000  
Amortization of other intangible assets 60,000,000 61,000,000 $ 238,000,000
Other non-cash adjustments for depreciation, amortization and accretion, net 171,000,000 232,000,000  
Losses (gains) related to investment securities, net 0 1,000,000  
Provision for credit losses 44,000,000 0  
Change in trading account assets, net (45,000,000) 4,000,000  
Change in accrued interest and fees receivable, net (136,000,000) (168,000,000)  
Change in collateral deposits, net (2,962,000,000) (187,000,000)  
Change in unrealized losses (gains) on foreign exchange derivatives, net (156,000,000) (1,075,000,000)  
Change in other assets, net 282,000,000 (955,000,000)  
Change in accrued expenses and other liabilities, net (796,000,000) 5,862,000,000  
Other, net 95,000,000 200,000,000  
Net cash provided by operating activities (2,862,000,000) 4,586,000,000  
Investing Activities:      
Net decrease in interest-bearing deposits with banks 13,630,000,000 2,348,000,000  
Net decrease in securities purchased under resale agreements 4,082,000,000 2,209,000,000  
Proceeds from sales of available-for-sale securities 232,000,000 1,600,000,000  
Proceeds from maturities of available-for-sale securities 3,436,000,000 4,494,000,000  
Purchases of available-for-sale securities (5,239,000,000) (11,689,000,000)  
Proceeds from maturities of held-to-maturity securities 1,363,000,000 3,632,000,000  
Purchases of held-to-maturity securities (1,557,000,000) (4,119,000,000)  
Sale of loans 273,000,000 38,000,000  
Net (increase) in loans (1,914,000,000) (2,648,000,000)  
Purchases of equity investments and other long-term assets 0 (71,000,000)  
Purchases of premises and equipment, net (182,000,000) (138,000,000)  
Other, net 188,000,000 8,000,000  
Net cash provided by (used in) investing activities 14,312,000,000 (4,336,000,000)  
Financing Activities:      
Net increase (decrease) in time deposits 728,000,000 (1,298,000,000)  
Net decrease in all other deposits (12,560,000,000) (2,696,000,000)  
Net increase in securities sold under repurchase agreements 2,518,000,000 2,702,000,000  
Net decrease in other short-term borrowings (2,089,000,000) (111,000,000)  
Proceeds from issuance of long-term debt, net of issuance costs 1,244,000,000 1,492,000,000  
Payments for long-term debt and obligations under finance leases (11,000,000) (765,000,000)  
Repurchases of common stock (1,250,000,000) 0  
Repurchases of common stock for employee tax withholding (59,000,000) 0  
Payments for cash dividends (243,000,000) (229,000,000)  
Net cash (used in) provided by financing activities (11,722,000,000) (905,000,000)  
Net decrease in cash and due from banks (272,000,000) (655,000,000)  
Cash and due from banks at beginning of period 3,970,000,000 3,631,000,000 3,631,000,000
Cash and due from banks at end of period 3,698,000,000 2,976,000,000 $ 3,970,000,000
Supplemental disclosure:      
Interest paid (received) 1,212,000,000 (22,000,000)  
Income taxes paid, net $ 75,000,000 $ 121,000,000