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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common stock
Preferred Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total Bancorp Shareholders' Equity
Non- Controlling Interests
Beginning Balance at Dec. 31, 2015 $ 15,870 $ 2,051 $ 1,331 $ 2,666 $ 12,358 $ 197 $ (2,764) $ 15,839 $ 31
Net income (loss) [1] 1,543                
Other Comprehensive Income (loss) (138)                
Ending Balance at Dec. 31, 2016 16,081 2,051 1,331 2,756 13,290 59 (3,433) 16,054 27
Impact of cumulative effect of change in accounting principles (134) [1]       (134)     (134)  
Beginning Balance at Jan. 01, 2016 15,736 2,051 1,331 2,666 12,224 197 (2,764) 15,705 31
Net income (loss) 1,543       1,547     1,547 (4)
Other Comprehensive Income (loss) (138)         (138)   (138)  
Cash dividends declared:                  
Common stock (405) [2]       (405)     (405)  
Preferred stock (75) [3]       (75)     (75)  
Shares acquired for treasury (661)     7     (668) (661)  
Impact of stock transactions under stock compensation plans, net 80     83 1   (4) 80  
Other 1       (2)   3 1  
Ending Balance at Dec. 31, 2016 16,081 2,051 1,331 2,756 13,290 59 (3,433) 16,054 27
Net income (loss) 2,180 [1]       2,180     2,180  
Other Comprehensive Income (loss) 14         14   14  
Cash dividends declared:                  
Common stock (436) [2]       (436)     (436)  
Preferred stock (75) [3]       (75)     (75)  
Shares acquired for treasury (1,605)     (17)     (1,588) (1,605)  
Impact of stock transactions under stock compensation plans, net 67     51     16 67  
Other (6)       (2)   3 1 (7)
Ending Balance at Dec. 31, 2017 16,220 2,051 1,331 2,790 14,957 73 (5,002) 16,200 20
Net income (loss) 2,193                
Other Comprehensive Income (loss) (183)                
Ending Balance at Dec. 31, 2018 16,250 2,051 1,331 2,873 16,578 (112) (6,471) 16,250 0
Impact of cumulative effect of change in accounting principles 4 [4]       6 (2)   4  
Beginning Balance at Jan. 01, 2018 16,224 2,051 1,331 2,790 14,963 71 (5,002) 16,204 20
Net income (loss) 2,193       2,193     2,193  
Other Comprehensive Income (loss) (183)         (183)   (183)  
Cash dividends declared:                  
Common stock (499) [2]       (499)     (499)  
Preferred stock (75) [3]       (75)     (75)  
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 $ 2,051 $ 1,331 $ 2,873 $ 16,578 $ (112) $ (6,471) $ 16,250 $ 0
[1]

Effective in the fourth quarter of 2018, Fifth Third retrospectively applied a change in its accounting policy for investments in affordable housing projects that qualify for LIHTC in accordance with ASU 2014-01. Refer to Note 1 for additional information.

[2]

For the years ended December 31, 2018 , 2017 and 2016 , dividends declared per common share were $ 0.74 , $ 0.60 and $ 0.53 , respectively.

[3]

For the years ended December 31, 2018 , 2017 and 2016 , dividends were $ 1,275.00 per preferred share for Perpetual Preferred Stock, Series H, $ 1,656.24 per share for Perpetual Preferred Stock, Series I and $ 1,225.00 per preferred share for Perpetual Preferred Stock, Series J

[4]

Related to the adoption as of January 1, 2018 of ASU 2016-0 1, ASU 2017-12 and ASU 2018-02. Refer to Note 1 for additional information.