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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Summary of Non-Cumulative Perpetual Preferred Stock
The following table presents a summary of the non-cumulative perpetual preferred stock as of December 31, 2017:
Preferred Stock Issue
 
Issuance Date
 
Earliest Redemption Date
 
Liquidation Amount
 
Carrying Amount
 
Dividend Rate
(Dollars in millions)
 
 
 
 
 
Series D
 
5/1/2012
 
5/1/2017
 
$
575

 
$
559

 
5.850
%
Series E
 
7/31/2012
 
8/1/2017
 
1,150

 
1,120

 
5.625

Series F
 
10/31/2012
 
11/1/2017
 
450

 
437

 
5.200

Series G
 
5/1/2013
 
6/1/2018
 
500

 
487

 
5.200

Series H
 
3/9/2016
 
6/1/2021
 
465

 
450

 
5.625

Total
 
 
 
 
 
$
3,140

 
$
3,053

 
 
Summary of Selected Information Pertaining to Equity-based Compensation Plans
The following table provides a summary of the equity-based compensation plans:
 
 
December 31, 2017
Shares available for future grants (in thousands)
 
19,408

 
Vesting period, minimum
 
1.0

years
Vesting period, maximum
 
5.0

 
Option term
 
10.0

 
Summary of Selected Data Related to Equity-based Compensation Costs
A summary of selected data related to equity-based compensation costs follows:
 
 
As of / For the Year Ended December 31,
(Dollars in millions)
 
2017
 
2016
 
2015
Equity-based compensation expense
 
$
132

 
$
115

 
$
106

Income tax benefit from equity-based compensation expense
 
34

 
43

 
40

Intrinsic value of options exercised, and RSUs and PSUs that vested during the year
 
261

 
159

 
170

Grant date fair value of equity-based awards that vested during the year
 
116

 
98

 
115

Unrecognized compensation cost related to equity-based awards
 
132

 
109

 
103

Weighted-average life over which compensation cost is expected to be recognized (years)
 
2.4

 
2.3

 
2.2

Rollforward of RSUs, PSUs amd Restricted Shares
The following table presents the activity during 2017 related to awards of RSUs, PSUs and restricted shares:
(Shares/units in thousands)
 
Shares/Units
 
Wtd. Avg. Grant Date Fair Value
Nonvested at January 1, 2017
 
13,516

 
$
29.39

Granted
 
3,924

 
42.88

Vested
 
(4,142
)
 
27.75

Forfeited
 
(350
)
 
33.29

Nonvested at December 31, 2017
 
12,948

 
33.90

Expected to vest at December 31, 2017
 
11,946

 
33.90