XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Series A Preferred Stock
Series B Preferred Stock
Series C Preferred Stock
Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series C Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid in Capital
Retained Earnings
Retained Earnings
Class A Common Stock
Retained Earnings
Class B Common Stock
Retained Earnings
Series A Preferred Stock
Retained Earnings
Series B Preferred Stock
Retained Earnings
Series C Preferred Stock
Accumulated Other Comprehensive (Loss) Income
Beginning balance, shareholders' equity at Dec. 31, 2021 $ 4,738           $ 340     $ 9 $ 1 $ 0 $ 4,378           $ 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income 271                       271            
Other comprehensive (loss) income, net of tax (315)                                   (315)
Stock based compensation 71                     71              
Cash dividends declared   $ (7) $ 0                     $ (7) $ 0        
Preferred stock dividends declared         $ (5) $ (3)                     $ (5) $ (3)  
Issued in CIT Merger: 5,279       334 207   $ 334 $ 207 6   5,273              
Ending balance, shareholders' equity at Mar. 31, 2022 10,570           881     15 1 5,344 4,634           (305)
Beginning balance, shareholders' equity at Dec. 31, 2022 9,662           881     14 1 4,109 5,392           (735)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income 9,518                       9,518            
Other comprehensive (loss) income, net of tax 66                                   66
Stock based compensation (5)                     (5)              
Cash dividends declared   $ (10) $ (1)                     $ (10) $ (1)        
Preferred stock dividends declared       $ (4) $ (7) $ (3)                   $ (4) $ (7) $ (3)  
Ending balance, shareholders' equity at Mar. 31, 2023 $ 19,216           $ 881     $ 14 $ 1 $ 4,104 $ 14,885           $ (669)