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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Cumulative Effect, Period of Adoption, Adjusted Balance
Series H Preferred Stock
Series I Preferred Stock
Series J Preferred Stock
Series K Preferred Stock
Series L Preferred Stock
Class B, Series A Preferred Stock
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Capital Surplus
Capital Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
[1]
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Series H Preferred Stock
Retained Earnings
Series I Preferred Stock
Retained Earnings
Series J Preferred Stock
Retained Earnings
Series K Preferred Stock
Retained Earnings
Series L Preferred Stock
Retained Earnings
Class B, Series A Preferred Stock
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2021 $ 22,210                 $ 2,051   $ 2,116   $ 3,624   $ 20,236                 $ 1,207   $ (7,024)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 1,709                             1,709                        
Other comprehensive income (loss), net of tax (6,513)                                               (6,513)      
Cash dividends declared:                                                        
Common stock (648)                             (648)                        
Preferred stock       $ (15) $ (23) $ (10) $ (9) $ (12) $ (9)                   $ (15) $ (23) $ (10) $ (9) $ (12) $ (9)        
Impact of stock transactions under stock compensation plans, net 56                         36                         20  
Ending balance at Sep. 30, 2022 16,736                 2,051   2,116   3,660   21,219                 (5,306)   (7,004)  
Beginning balance at Dec. 31, 2021 22,210                 2,051   2,116   3,624   20,236                 1,207   (7,024)  
Ending balance at Dec. 31, 2022 $ 17,327 $ 37 $ 17,364             2,051 $ 2,051 2,116 $ 2,116 3,684 $ 3,684 21,689 $ 37 $ 21,726             (5,110) $ (5,110) (7,103) $ (7,103)
Cash dividends declared:                                                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2022-02                                                      
Beginning balance at Jun. 30, 2022 $ 18,970                 2,051   2,116   3,636   20,818                 (2,644)   (7,007)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 653                             653                        
Other comprehensive income (loss), net of tax (2,662)                                               (2,662)      
Cash dividends declared:                                                        
Common stock (230)                             (230)                        
Preferred stock         (8) (4) (3) (4) (3)                     (8) (4) (3) (4) (3)        
Impact of stock transactions under stock compensation plans, net 27                         24                         3  
Ending balance at Sep. 30, 2022 16,736                 2,051   2,116   3,660   21,219                 (5,306)   (7,004)  
Beginning balance at Dec. 31, 2022 17,327 $ 37 $ 17,364             2,051 $ 2,051 2,116 $ 2,116 3,684 $ 3,684 21,689 $ 37 $ 21,726             (5,110) $ (5,110) (7,103) $ (7,103)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 1,819                             1,819                        
Other comprehensive income (loss), net of tax (1,729)                                               (1,729)      
Cash dividends declared:                                                        
Common stock (698)                             (698)                        
Preferred stock       (29) (22) (19) (9) (12) (9)                   (29) (22) (19) (9) (12) (9)        
Shares acquired for treasury (201)                                                   (201)  
Impact of stock transactions under stock compensation plans, net 89                         49                         40  
Ending balance at Sep. 30, 2023 16,544                 2,051   2,116   3,733   22,747                 (6,839)   (7,264)  
Beginning balance at Jun. 30, 2023 17,809                 2,051   2,116   3,708   22,366                 (5,166)   (7,266)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net Income 660                             660                        
Other comprehensive income (loss), net of tax (1,673)                                               (1,673)      
Cash dividends declared:                                                        
Common stock (242)                             (242)                        
Preferred stock       $ (13) $ (7) $ (7) $ (3) $ (4) $ (3)                   $ (13) $ (7) $ (7) $ (3) $ (4) $ (3)        
Impact of stock transactions under stock compensation plans, net 27                         25                         2  
Ending balance at Sep. 30, 2023 $ 16,544                 $ 2,051   $ 2,116   $ 3,733   $ 22,747                 $ (6,839)   $ (7,264)  
[1] Related to the adoption of ASU 2022-02 as of January 1, 2023. Refer to Note 3 for additional information.