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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Summary of Cash Dividends Declared per Share
The following table presents the activity related to common stock:
Year Ended December 31,
 
2018
 
2017
 
2016
Cash dividends declared per share
 
$
1.560

 
$
1.260

 
$
1.150

Summary of Non-Cumulative Perpetual Preferred Stock
The following table presents a summary of the non-cumulative perpetual preferred stock as of December 31, 2018:
Preferred Stock Issue
(Dollars in millions)
 
Issuance Date
 
Earliest Redemption Date
 
Liquidation Amount
 
Carrying Amount
 
Dividend Rate
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, 2018
 
 
Shares available for future grants (in thousands)
 
16,366

Vesting period, minimum
 
1.0 year

Vesting period, maximum
 
5.0 years

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)
 
2018
 
2017
 
2016
Equity-based compensation expense
 
$
141

 
$
132

 
$
115

Income tax benefit from equity-based compensation expense
 
34

 
34

 
43

Intrinsic value of options exercised, and RSUs and PSUs that vested during the year
 
260

 
261

 
159

Grant date fair value of equity-based awards that vested during the year
 
139

 
116

 
98

Unrecognized compensation cost related to equity-based awards
 
135

 
132

 
109

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

 
2.4 years

 
2.3 years

Rollforward of RSUs, PSUs and Restricted Shares
The following table presents the activity related to awards of RSUs, PSUs and restricted shares:
(Shares in thousands)
 
Units/Shares
 
Wtd. Avg. Grant Date Fair Value
Nonvested at January 1, 2018
 
12,948

 
$
33.90

Granted
 
3,428

 
49.08

Vested
 
(4,035
)
 
34.25

Forfeited
 
(281
)
 
37.19

Nonvested at December 31, 2018
 
12,060

 
38.03