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Consolidated Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Loans $ 2,480 $ 2,602
Investment securities 582 620
Other 138 206
Total interest income 3,200 3,428
Interest Expense    
Deposits 375 472
Borrowed funds 314 481
Total interest expense 689 953
Net interest income 2,511 2,475
Noninterest Income    
Total noninterest income 2,006 1,811
Other 343 308
Total revenue 4,517 4,286
Provision for credit losses 914 189
Noninterest Expense    
Personnel 1,369 1,414
Occupancy 207 215
Equipment 287 273
Marketing 58 65
Other 622 611
Total noninterest expense 2,543 2,578
Income before income taxes and noncontrolling interests 1,060 1,519
Income taxes 145 248
Net income 915 1,271
Less: Net income attributable to noncontrolling interests 7 10
Preferred stock dividends 63 63
Preferred stock discount accretion and redemptions 1 1
Net income attributable to common shareholders $ 844 $ 1,197
Earnings Per Common Share    
Basic (in dollars per share) $ 1.96 $ 2.62
Diluted (in dollars per share) $ 1.95 $ 2.61
Average Common Shares Outstanding    
Basic (in shares) 429 455
Diluted (in shares) 430 456
Asset management [Member]    
Noninterest Income    
Total noninterest income $ 382 $ 437
Consumer services [Member]    
Noninterest Income    
Total noninterest income 377 371
Corporate services [Member]    
Noninterest Income    
Total noninterest income 526 462
Residential mortgage [Member]    
Noninterest Income    
Total noninterest income 210 65
Service charges on deposits [Member]    
Noninterest Income    
Total noninterest income $ 168 $ 168