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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Other Short-term Investments $ 6,319 $ 1,950
Portfolio loans and leases 118,037 109,558
ALLL (2,348) (1,202)
Other assets 10,959 9,190
Other liabilities 3,576 2,422
Long-term debt 16,282 14,970
Available-for-sale debt securities, Amortized Cost 36,428 34,966
Held-to-maturity securities, fair value 17 17
Bank premises and equipment held for sale $ 36 $ 27
Common stock, stated value $ 2.22 $ 2.22
Common stock, authorized 2,000,000,000 2,000,000,000
Common stock, outstanding 711,306,181 708,915,629
Common stock, treasury shares 212,586,400 214,976,952
Residential Mortgage    
Loans held for sale measured at FV $ 1,565 $ 1,264
Loans measured at FV 185 183
Commercial    
ALLL (1,313) (710)
Loans held for sale measured at FV 8 0
Variable Interest Entity, Primary Beneficiary    
Other Short-term Investments 69 74
Portfolio loans and leases 1,185 1,354
ALLL (14) (7)
Other assets 6 8
Other liabilities 3 2
Long-term debt $ 1,083 $ 1,253
No Class    
Preferred stock, authorized 500,000 500,000
Preferred stock, liquidation preference $ 25,000 $ 25,000
Preferred stock, unissued 436,000 436,000
Class B    
Preferred stock, authorized 500,000 500,000
Preferred stock, liquidation preference $ 1,000 $ 1,000
Preferred stock, unissued 300,000 300,000