XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income on:        
Loans, including fees $ 1,463 $ 1,462 $ 4,316 $ 4,276
Debt securities 241 185 669 557
Loans held for sale 11 14 28 31
Other earning assets 105 105 293 282
Total interest income 1,820 1,766 5,306 5,146
Interest expense on:        
Deposits 507 367 1,504 806
Short-term borrowings 10 39 24 86
Long-term borrowings 85 69 190 165
Total Interest Expense 602 475 1,718 1,057
Net interest income 1,218 1,291 3,588 4,089
Provision (benefit from) for credit losses 113 145 367 398
Net interest income after provision for credit losses 1,105 1,146 3,221 3,691
Non-interest income:        
Total Noninterest Income 572 566 1,680 1,676
Non-interest expense:        
Salaries and employee benefits 645 589 1,912 1,808
Equipment and Software Expense 101 107 302 310
Net occupancy expense 69 72 $ 211 218
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]     Other  
Other 254 325 $ 779 895
Total non-interest expense 1,069 1,093 3,204 3,231
Income before income taxes 608 619 1,697 2,136
Income tax expense 118 129 338 453
Net income 490 490 1,359 1,683
Net income available to common shareholders $ 446 $ 465 $ 1,266 $ 1,609
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic 914 939 917 938
Diluted 918 940 919 940
Earnings Per Share [Abstract]        
Basic $ 0.49 $ 0.49 $ 1.38 $ 1.72
Diluted $ 0.49 $ 0.49 $ 1.38 $ 1.71
Service charges on deposit accounts        
Non-interest income:        
Total Noninterest Income $ 158 $ 142 $ 457 $ 449
Card and ATM fees        
Non-interest income:        
Total Noninterest Income 118 126 354 377
Investment management and trust fee income        
Non-interest income:        
Total Noninterest Income 85 79 249 232
Capital Markets [Member]        
Non-interest income:        
Total Noninterest Income 92 64 251 174
Mortgage income        
Non-interest income:        
Total Noninterest Income 36 28 111 78
Securities gains, net [Member]        
Non-interest income:        
Total Noninterest Income (78) (1) (178) (3)
Other [Member]        
Non-interest income:        
Total Noninterest Income $ 161 $ 128 $ 436 $ 369