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Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock - Nonvoting [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, at cost [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance at Dec. 31, 2019 $ 21,745 $ 0 $ 2,793 $ 15 $ 4,656 $ 19,960 $ (5,767) $ 88
Beginning balance (shares) at Dec. 31, 2019   0   1,488        
Increase (Decrease) in Stockholders' Equity                
Net income 1,466 [1]         1,466    
Other comprehensive income (loss), net of tax 5,523             5,523
Issuance of preferred stock, net 2,470   2,470          
Dividends declared on preferred stock (81)         (81)    
Dividends declared on common stock (466)         (466)    
Stock option exercises and other 29       (10)   39  
Share-based compensation 91       91      
Other 38       23 (3) 18  
Ending balance (shares) at Jun. 30, 2020   0   1,488        
Ending balance at Jun. 30, 2020 30,815 $ 0 5,263 $ 15 4,760 20,876 (5,710) 5,611
Beginning balance at Mar. 31, 2020 26,270 $ 0 2,793 $ 15 4,714 20,487 (5,734) 3,995
Beginning balance (shares) at Mar. 31, 2020   0   1,488        
Increase (Decrease) in Stockholders' Equity                
Net income 671 [2]         671    
Other comprehensive income (loss), net of tax 1,616             1,616
Issuance of preferred stock, net 2,470   2,470          
Dividends declared on preferred stock (47)         (47)    
Dividends declared on common stock (233)         (233)    
Stock option exercises and other 6       (2)   8  
Share-based compensation 35       35      
Other 27       13 (2) 16  
Ending balance (shares) at Jun. 30, 2020   0   1,488        
Ending balance at Jun. 30, 2020 30,815 $ 0 5,263 $ 15 4,760 20,876 (5,710) 5,611
Beginning balance at Dec. 31, 2020 56,060 $ 1 7,733 $ 20 26,515 21,975 (5,578) 5,394
Beginning balance (shares) at Dec. 31, 2020   79   1,995        
Increase (Decrease) in Stockholders' Equity                
Net income 2,749 [2] $ 115       2,749    
Other comprehensive income (loss), net of tax (2,986)             (2,986)
Issuance of preferred stock, net 2,806   2,806          
Redemption of preferred stock (600)   (585)     (15)    
Dividends declared on preferred stock (218)         (218)    
Dividends declared on common stock (682)         (682)    
Stock option exercises and other 144       8   136  
Share-based compensation 145       145      
Other 32       40   (8)  
Ending balance (shares) at Jun. 30, 2021   79   1,995        
Ending balance at Jun. 30, 2021 57,450 $ 1 9,954 $ 20 26,708 23,809 (5,450) 2,408
Beginning balance at Mar. 31, 2021 55,594 $ 1 10,539 $ 20 26,629 23,029 (5,502) 878
Beginning balance (shares) at Mar. 31, 2021   79   1,995        
Increase (Decrease) in Stockholders' Equity                
Net income 1,265 [2] $ 53       1,265    
Other comprehensive income (loss), net of tax 1,530             1,530
Redemption of preferred stock (600)   (585)     (15)    
Dividends declared on preferred stock (128)         (128)    
Dividends declared on common stock (342)         (342)    
Stock option exercises and other 47           47  
Share-based compensation 47       47      
Other 37       32   5  
Ending balance (shares) at Jun. 30, 2021   79   1,995        
Ending balance at Jun. 30, 2021 $ 57,450 $ 1 $ 9,954 $ 20 $ 26,708 $ 23,809 $ (5,450) $ 2,408
[1] Certain prior year amounts have been reclassified to conform to the current year presentation. See Note 1 for additional information.
[2] Certain prior year amounts have been reclassified to conform to the current year presentation. See Note 1 for additional information.