XML 98 R88.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Net income $ 1,294 $ 1,793 $ 2,897 [1] $ 3,195 [1]
Preferred stock dividends and other (121) (141) (191) (265)
Net Income Available to Common Stockholders $ 1,173 $ 1,652 $ 2,706 $ 2,930
Weighted-average common shares outstanding - basic (in shares) 1,820 1,896 1,827 1,895
Basic earnings per share (in USD per share) [2] $ 0.64 $ 0.87 $ 1.48 $ 1.55
Weighted-average common shares outstanding - diluted (in shares) 1,825 1,904 1,834 1,905
Diluted earnings per share (in USD per share) [2] $ 0.64 $ 0.87 $ 1.48 $ 1.54
Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS (in shares) 15 13 18 14
Common Stock [Member]        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Net income $ 1,258 $ 1,718 $ 2,817 $ 3,062
Preferred stock dividends and other (118) (135) (186) (254)
Net Income Available to Common Stockholders $ 1,140 $ 1,583 $ 2,631 $ 2,808
Weighted-average common shares outstanding - basic (in shares) 1,769 1,817 1,776 1,816
Basic earnings per share (in USD per share) $ 0.64 $ 0.87 $ 1.48 $ 1.55
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares $ 33 $ 69 $ 75 $ 122
Allocation of net income available to common stockholders: $ 1,173 $ 1,652 $ 2,706 $ 2,930
Conversion of nonvoting shares to voting shares (in shares) 51 79 51 79
Common stock equivalent shares related to stock incentive plans (in shares) 5 8 7 10
Weighted-average common shares outstanding - diluted (in shares) 1,825 1,904 1,834 1,905
Diluted earnings per share (in USD per share) $ 0.64 $ 0.87 $ 1.48 $ 1.54
Nonvoting Common Stock [Member]        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Net income $ 36 $ 75 $ 80 $ 133
Preferred stock dividends and other (3) (6) (5) (11)
Net Income Available to Common Stockholders $ 33 $ 69 $ 75 $ 122
Weighted-average common shares outstanding - basic (in shares) 51 79 51 79
Basic earnings per share (in USD per share) $ 0.64 $ 0.87 $ 1.48 $ 1.55
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares $ 0 $ 0 $ 0 $ 0
Allocation of net income available to common stockholders: $ 33 $ 69 $ 75 $ 122
Conversion of nonvoting shares to voting shares (in shares) 0 0 0 0
Common stock equivalent shares related to stock incentive plans (in shares) 0 0 0 0
Weighted-average common shares outstanding - diluted (in shares) 51 79 51 79
Diluted earnings per share (in USD per share) $ 0.64 $ 0.87 $ 1.48 $ 1.54
[1] Certain prior period amounts have been reclassified to conform to the current year presentation. See Note 1 for additional information.
[2] The Company has voting and nonvoting common stock outstanding. As the participation rights, including dividend and liquidation rights, are identical between the voting and nonvoting stock classes, basic and diluted earnings per share are the same for each class. See Note 16 for additional information.