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Earnings Per Common Share (EPS) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Basic and diluted:        
Net income $ 1,964 $ 2,280 $ 4,063 $ 4,515
Preferred dividends (15) (15) (29) (29)
Net income available to common shareholders 1,949 2,265 4,034 4,486
Earnings allocated to participating share awards (15) (16) (31) (31)
Net income attributable to common shareholders $ 1,934 $ 2,249 $ 4,003 $ 4,455
Denominator:        
Basic: Weighted-average common stock (in shares) 752,000 801,000 755,000 802,000
Add: Weighted-average stock options (in shares) 1,000 1,000 1,000 1,000
Diluted (in shares) 753,000 802,000 756,000 803,000
Basic EPS (in dollars per share) $ 2.57 [1] $ 2.81 [1] $ 5.30 [2] $ 5.55 [2]
Diluted EPS (in dollars per share) $ 2.57 [1] $ 2.80 [1] $ 5.30 [2] $ 5.54 [2]
Stock options        
Denominator:        
The dilutive effect of securities excluded from the calculation of earnings per share (in shares) 250 10 210 210
[1] Represents net income less (i) earnings allocated to participating share awards of $15 million and $16 million for the three months ended June 30, 2022 and 2021, respectively, and (ii) dividends on preferred shares of $15 million for both the three months ended June 30, 2022 and 2021.
[2] Represents net income less (i) earnings allocated to participating share awards of $31 million for both the six months ended June 30, 2022 and 2021, and (ii) dividends on preferred shares of $29 million for both the six months ended June 30, 2022 and 2021.