Consolidated Balance Sheet - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks		$ 6,191	$ 7,043
Interest-earning deposits with banks		38,259	27,320
Loans held for sale	[1]	835	1,010
Investment securities – available for sale		41,787	44,159
Investment securities – held to maturity		93,874	95,175
Loans	[1]	321,761	326,025
Allowance for loan and lease losses		(4,737)	(4,741)
Net loans		317,024	321,284
Equity investments		8,015	8,437
Mortgage servicing rights		3,455	3,423
Goodwill		10,987	10,987
Other	[1]	37,780	38,425
Total assets		558,207	557,263
Deposits
Noninterest-bearing		110,527	124,486
Interest-bearing		316,962	311,796
Total deposits		427,489	436,282
Borrowed funds
Federal Home Loan Bank borrowings		34,000	32,075
Senior debt		22,005	16,657
Subordinated debt		5,548	6,307
Other	[2]	3,831	3,674
Total borrowed funds		65,384	58,713
Allowance for unfunded lending related commitments		663	694
Accrued expenses and other liabilities	[2]	15,325	15,762
Total liabilities		508,861	511,451
Equity
Preferred stock	[3]
Common stock ($5 par value, Authorized 800 shares, issued 543 shares)		2,715	2,714
Capital surplus		19,934	18,376
Retained earnings		55,346	53,572
Accumulated other comprehensive income (loss)		(9,525)	(10,172)
Common stock held in treasury at cost: 145 and 142 shares		(19,150)	(18,716)
Total shareholders’ equity		49,320	45,774
Noncontrolling interests		26	38
Total equity		49,346	45,812
Total liabilities and equity		$ 558,207	$ 557,263

[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.

[2] Our consolidated liabilities included the following for which we have elected the fair value option: Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were less than $0.1 billion and $0.2 billion, respectively.

[3] Par value less than $0.5 million at each date.