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Business Segment Information (Business Segment Financial Results) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net interest income (expense) $ 458 $ 586 $ 1,442 $ 1,795
Provision for credit losses 5 35 554 66
Noninterest income 252 256 736 744
Noninterest expenses 446 435 1,311 1,292
Provision (benefit) for income taxes 48 80 54 252
Net income 211 292 259 929
Net credit-related charge-offs (recoveries) 33 42 167 86
Assets, average 84,268 71,736 79,742 70,927
Loans, average 52,013 50,887 51,706 50,514
Deposits, average $ 68,763 $ 55,716 $ 63,291 $ 54,909
Return on average assets [1] 0.99% 1.61% 0.43% 1.75%
Efficiency ratio [2] 62.79% 51.54% 60.10% 50.66%
Commercial Bank        
Net interest income (expense) $ 413 $ 420 $ 1,195 $ 1,252
Provision for credit losses 14 39 527 85
Noninterest income 135 140 406 412
Noninterest expenses 206 199 607 592
Provision (benefit) for income taxes 67 74 94 227
Net income 261 248 373 760
Net credit-related charge-offs (recoveries) 36 43 167 90
Assets, average 45,636 45,460 45,764 44,902
Loans, average 44,248 43,904 44,256 43,465
Deposits, average $ 39,535 $ 28,917 $ 35,376 $ 28,545
Return on average assets [1] 2.27% 2.17% 1.09% 2.26%
Efficiency ratio [2] 37.60% 35.62% 37.89% 35.61%
Retail Bank        
Net interest income (expense) $ 127 $ 142 $ 372 $ 434
Provision for credit losses (2) (2) 6 (5)
Noninterest income 28 31 80 95
Noninterest expenses 153 149 457 441
Provision (benefit) for income taxes 0 5 (4) 21
Net income 4 21 (7) 72
Net credit-related charge-offs (recoveries) (1) 1 1 1
Assets, average 3,487 2,871 3,221 2,841
Loans, average 2,678 2,114 2,413 2,108
Deposits, average $ 23,604 $ 20,761 $ 22,486 $ 20,628
Return on average assets [1] 0.05% 0.39% (0.04%) 0.46%
Efficiency ratio [2] 98.29% 84.54% 100.27% 82.70%
Wealth Management        
Net interest income (expense) $ 42 $ 47 $ 123 $ 140
Provision for credit losses (7) (3) 21 (13)
Noninterest income 64 69 200 201
Noninterest expenses 76 69 221 208
Provision (benefit) for income taxes 8 12 17 35
Net income 29 38 64 111
Net credit-related charge-offs (recoveries) (2) (2) (1) (5)
Assets, average 5,198 5,032 5,156 5,092
Loans, average 5,094 4,884 5,035 4,950
Deposits, average $ 4,439 $ 3,775 $ 4,228 $ 3,772
Return on average assets [1] 2.24% 3.01% 1.65% 2.92%
Efficiency ratio [2] 71.72% 59.79% 68.54% 61.04%
Finance        
Net interest income (expense) $ (125) $ (38) $ (264) $ (75)
Provision for credit losses 0 0 0 0
Noninterest income 16 12 41 29
Noninterest expenses 0 (1) 1 0
Provision (benefit) for income taxes (26) (8) (54) (16)
Net income (83) (17) (170) (30)
Net credit-related charge-offs (recoveries) 0 0 0 0
Assets, average 15,909 14,061 14,902 13,853
Loans, average 0 0 0 0
Deposits, average 1,004 2,049 1,030 1,788
Other        
Net interest income (expense) 1 15 16 44
Provision for credit losses 0 1 0 (1)
Noninterest income 9 4 9 7
Noninterest expenses 11 19 25 51
Provision (benefit) for income taxes (1) (3) 1 (15)
Net income 0 2 (1) 16
Net credit-related charge-offs (recoveries) 0 0 0 0
Assets, average 14,038 4,312 10,699 4,239
Loans, average (7) (15) 2 (9)
Deposits, average $ 181 $ 214 $ 171 $ 176
[1] Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
[2] Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net losses from securities and a derivative contract tied to the conversion rate of Visa Class B shares.