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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Preferred stock, Series H
Preferred stock Series I
Preferred stock, Series J
Preferred Stock Series K
Preferred stock, Series L
Class B Preferred stock, Series A
Other
[2]
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Preferred Stock
Capital Surplus
Retained Earnings
Retained Earnings
Preferred stock, Series H
Retained Earnings
Preferred stock Series I
Retained Earnings
Preferred stock, Series J
Retained Earnings
Preferred Stock Series K
Retained Earnings
Preferred stock, Series L
Retained Earnings
Class B Preferred stock, Series A
Retained Earnings
Other
[2]
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Total Bancorp Shareholders’ Equity
Total Bancorp Shareholders’ Equity
Preferred stock, Series H
Total Bancorp Shareholders’ Equity
Preferred stock Series I
Total Bancorp Shareholders’ Equity
Preferred stock, Series J
Total Bancorp Shareholders’ Equity
Preferred Stock Series K
Total Bancorp Shareholders’ Equity
Preferred stock, Series L
Total Bancorp Shareholders’ Equity
Class B Preferred stock, Series A
Total Bancorp Shareholders’ Equity
Other
[2]
Total Bancorp Shareholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Total Bancorp Shareholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Non- Controlling Interests
Beginning balance at Dec. 31, 2017 $ 16,220               $ 4 $ 16,224 $ 2,051 $ 1,331 $ 2,790 $ 14,957               $ 6 $ 14,963 $ 73 $ (2) $ 71 $ (5,002) $ 16,200               $ 4 $ 16,204 $ 20
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Net Income 2,193                         2,193                           2,193                    
Other comprehensive income (loss), net of tax (183)                                             (183)       (183)                    
Cash dividends declared:                                                                            
Common stock (499)                         (499)                           (499)                    
Preferred stock [1]   $ (30) $ (30) $ (15)                     $ (30) $ (30) $ (15)                       $ (30) $ (30) $ (15)              
Shares acquired for treasury (1,453)                       41                           (1,494) (1,453)                    
Impact of stock transactions under stock compensation plans, net 65                       42                           23 65                    
Other (22)                         (4)                         2 (2)                   (20)
Ending balance at Dec. 31, 2018 16,250               10 16,260 2,051 1,331 2,873 16,578               10 16,588 (112)     (6,471) 16,250               10 16,260 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Net Income 2,512                         2,512                           2,512                    
Other comprehensive income (loss), net of tax 1,304                                             1,304       1,304                    
Cash dividends declared:                                                                            
Common stock (691)                         (691)                           (691)                    
Preferred stock [1]   (30) (30) (19) $ (4)   $ (4) $ (6)             (30) (30) (19) $ (4)   $ (4) $ (6)               (30) (30) (19) $ (4)   $ (4) $ (6)      
Shares acquired for treasury (1,763)                                                   (1,763) (1,763)                    
Issuance of preferred stock 242                     242                               242                    
Conversion of outstanding preferred stock issued by a Bancorp subsidiary 0                     197                               197                   (197)
Impact of MB Financial, Inc. acquisition 3,356                       712                           2,447 3,159                   197
Impact of stock transactions under stock compensation plans, net 72                       14 2                         56 72                    
Other 4                         (3)                         7 4                    
Ending balance at Dec. 31, 2019 21,203               $ (472) [3] 20,731 2,051 1,770 3,599 18,315               $ (472) [3] 17,843 1,192     (5,724) 21,203               $ (472) [3] 20,731 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                            
Net Income 1,427                         1,427                           1,427                    
Other comprehensive income (loss), net of tax 1,409                                             1,409       1,409                    
Cash dividends declared:                                                                            
Common stock (780)                         (780)                           (780)                    
Preferred stock [1]   $ (31) $ (30) $ (12) $ (12) $ (7) $ (12)               $ (31) $ (30) $ (12) $ (12) $ (7) $ (12)                 $ (31) $ (30) $ (12) $ (12) $ (7) $ (12)        
Issuance of preferred stock 346                     346                               346                    
Impact of stock transactions under stock compensation plans, net 82                       36                         46 82                    
Other 0                         $ (2)                         2 $ 0                    
Ending balance at Dec. 31, 2020 $ 23,111                 $ 23,111 $ 2,051 $ 2,116 $ 3,635                   $ 18,384 $ 2,601     $ (5,676)                   $ 23,111 $ 0
[1] Refer to Note 25 for further information on dividends declared for preferred stock.
[2] Dividends declared for Perpetual Preferred Stock, Series C, of MB Financial, Inc., previously a subsidiary of the Bancorp.
[3] Related to the adoption of ASU 2016-13 as of January 1, 2020. Refer to Note 1 for additional information.