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Total Equity and Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2022
Other Comprehensive Income [Abstract]  
Rollforward of Total Equity Activity in total equity for the three and nine months ended September 30, 2022 and 2021 is as follows:
Table 58: Rollforward of Total Equity
  Shareholders’ Equity    
In millionsShares
Outstanding
Common
Stock		Common
Stock		Capital
Surplus -
Preferred
Stock		Capital
Surplus -
Common
Stock and
Other		Retained
Earnings		Accumulated
Other
Comprehensive
Income (Loss)		Treasury
Stock		Non-
controlling
Interests		Total Equity
Three months ended
Balance at June 30, 2021 (a)425 $2,713 $3,519 $12,409 $48,663 $1,463 $(14,140)$58 $54,685 
Net income1,474 16 1,490 
Other comprehensive income (loss), net of tax(384)(384)
Cash dividends declared - Common(538)(538)
Cash dividends declared - Preferred(57)(57)
Preferred stock discount accretion1 (1)
Preferred stock issuance (b)1,489 1,489 
Treasury stock activity(2)5 (387)(382)
Other30 (36)(6)
Balance at September 30, 2021 (a)423 $2,713 $5,009 $12,444 $49,541 $1,079 $(14,527)$38 $56,297 
Balance at June 30, 2022 (a)411 $2,714 $6,004 $12,527 $51,841 $(8,358)$(17,076)$36 $47,688 
Net income 1,624 16 1,640 
Other comprehensive income (loss), net of tax(2,128)(2,128)
Cash dividends declared - Common(622)(622)
Cash dividends declared - Preferred(65)(65)
Preferred stock discount accretion1 (1)
Preferred stock issuance (c)1,239 1,239 
Treasury stock activity(7)6 (1,051)(1,045)
Other33 (17)16 
Balance at September 30, 2022 (a)404 $2,714 $7,244 $12,566 $52,777 $(10,486)$(18,127)$35 $46,723 
Nine months ended
Balance at December 31, 2020 (a)424 $2,713 $3,517 $12,367 $46,848 $2,770 $(14,205)$31 $54,041 
Net income4,381 38 4,419 
Other comprehensive income (loss), net of tax(1,691)(1,691)
Cash dividends declared - Common(1,523)(1,523)
Cash dividends declared - Preferred (162)(162)
Preferred stock discount accretion3 (3)
Preferred stock issuance (b)1,489 1,489 
Common stock activity12 12 
Treasury stock activity(1)78 (322)(244)
Other(13)(31)(44)
Balance at September 30, 2021 (a)423 $2,713 $5,009 $12,444 $49,541 $1,079 $(14,527)$38 $56,297 
Balance at December 31, 2021 (a)420 $2,713 $5,009 $12,448 $50,228 $409 $(15,112)$31 $55,726 
Net income4,513 52 4,565 
Other comprehensive income (loss), net of tax(10,895)(10,895)
Cash dividends declared - Common(1,779)(1,779)
Cash dividends declared - Preferred (181)(181)
Preferred stock discount accretion4 (4)
Preferred stock issuance (c) (d)2,231 2,231 
Common stock activity 1 14 15 
Treasury stock activity(16)56 (3,015)(2,959)
Other48 (48)
Balance at September 30, 2022 (a)404 $2,714 $7,244 $12,566 $52,777 $(10,486)$(18,127)$35 $46,723 
(a)The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation.
(b)On September 13, 2021, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 3.400% fixed-rate reset non-cumulative perpetual preferred stock, Series T, with a par value of $1 per share.
(c)On August 19, 2022, PNC issued 1,250,000 depositary shares each representing 1/100th ownership in a share of 6.200% fixed-rate reset non-cumulative perpetual preferred stock, Series V, with a par value of $1 per share.
(d)On April 26, 2022, PNC issued 1,000,000 depositary shares each representing 1/100th ownership in a share of 6.000% fixed-rate reset non-cumulative perpetual preferred stock, Series U, with a par value of $1 per share.
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Other Comprehensive Income (Loss)
Details of other comprehensive income (loss) are as follows:

Table 59: Other Comprehensive Income (Loss)

 Three months ended September 30Nine months ended September 30
2022202120222021
In millionsPre-taxTax effectAfter-
tax		Pre-taxTax effectAfter-taxPre-taxTax effectAfter-taxPre-taxTax effectAfter-tax
Debt securities
Net unrealized gains (losses) on securities$(1,998)$471 $(1,527)$(320)$76 $(244)$(11,245)$2,650 $(8,595)$(1,446)$341 $(1,105)
Less: Net realized gains (losses) reclassified to
   earnings (a)		(260)61 (199)3 (1)2 (477)112 (365)25 (6)19 
Net change (1,738)410 (1,328)(323)77 (246)(10,768)2,538 (8,230)(1,471)347 (1,124)
Cash flow hedge derivatives
Net unrealized gains (losses) on cash flow hedge derivatives(1,154)272 (882)(59)14 (45)(3,486)821 (2,665)(369)87 (282)
Less: Net realized gains (losses) reclassified to earnings (a)(129)30 (99)115 (27)88 (2)(2)358 (84)274 
Net change(1,025)242 (783)(174)41 (133)(3,484)821 (2,663)(727)171 (556)
Pension and other postretirement benefit plan adjustments
Net pension and other postretirement benefit plan activity and other reclassified to earnings (b)2 (1)1 2 2 64 (16)48 (11)3 (8)
Net change 2 (1)1 2  2 64 (16)48 (11)3 (8)
Other
Net unrealized gains (losses) on other transactions4 (22)(18)1 (8)(7)(3)(47)(50)2 (5)(3)
Net change 4 (22)(18)1 (8)(7)(3)(47)(50)2 (5)(3)
Total other comprehensive income (loss)$(2,757)$629 $(2,128)$(494)$110 $(384)$(14,191)$3,296 $(10,895)$(2,207)$516 $(1,691)
(a)Reclassifications for pre-tax debt securities and cash flow hedges are recorded in Interest income and Noninterest income on the Consolidated Income Statement.
(b)Reclassifications include amortization of actuarial losses (gains) and amortization of prior period services costs (credits) which are recorded in noninterest expense on the Consolidated Income Statement.
Accumulated Other Comprehensive Income (Loss) Components
Table 60: Accumulated Other Comprehensive Income (Loss) Components
In millions, after-taxDebt securities Cash flow hedge derivativesPension and  other postretirement benefit plan adjustmentsOtherTotal
Three months ended
Balance at June 30, 2021$1,584 $236 $(355)$(2)$1,463 
Net activity(246)(133)2 (7)(384)
Balance at September 30, 2021$1,338 $103 $(353)$(9)$1,079 
Balance at June 30, 2022$(6,313)$(2,081)$74 $(38)$(8,358)
Net activity (1,328)(783)1 (18)(2,128)
Balance at September 30, 2022 (a)$(7,641)$(2,864)$75 $(56)$(10,486)
Nine months ended
Balance at December 31, 2020$2,462 $659 $(345)$(6)$2,770 
Net activity(1,124)(556)(8)(3)(1,691)
Balance at September 30, 2021$1,338 $103 $(353)$(9)$1,079 
Balance at December 31, 2021$589 $(201)$27 $(6)$409 
Net activity(8,230)(2,663)48 (50)(10,895)
Balance at September 30, 2022 (a)$(7,641)$(2,864)$75 $(56)$(10,486)
(a)At September 30, 2022, AOCI included pretax losses of $132 million from derivatives that hedged the purchase of investment securities classified as held to maturity.
Dividends Per Share
The following table provides the dividends per share for PNC's common and preferred stock:

Table 61: Dividends Per Share (a)
Three months ended September 30Nine months ended September 30
2022202120222021
Common Stock$1.50 $1.25 $4.25 $3.55 
Preferred Stock
   Series B$0.45 $0.45 $1.35 $1.35 
   Series O$1,269 $3,375 $3,230 $6,750 
   Series P$1,368 $1,531 $4,431 $4,594 
   Series R $2,425 $2,425 
Series S $2,500 $2,500 
   Series T$850 $2,550 
Series U $1,817 $1,817 
(a)Dividends are payable quarterly other than Series R and Series S preferred stock, which are payable semiannually. On August 19, 2022, PNC issued 1,250,000 depositary shares each representing 1/100th ownership in a share of 6.200% fixed-rate reset non-cumulative perpetual preferred stock, Series V, with a par value of $1 per share. Beginning on December 15, 2022, dividends will be paid on the Series V on a quarterly basis (March 15, June 15, September 15, and December 15 of each year).