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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest Income      
Interest and fees on loans and leases $ 6,894 $ 6,230 $ 5,985
Interest and dividends on securities 1,160 1,092 1,029
Interest on other earning assets 66 52 52
Total interest income 8,120 7,374 7,066
Interest Expense      
Interest on deposits 644 344 251
Interest on short-term borrowings 111 41 9
Interest on long-term debt 683 454 485
Total interest expense 1,438 839 745
Net Interest Income 6,682 6,535 6,321
Provision for credit losses 566 547 572
Net Interest Income After Provision for Credit Losses 6,116 5,988 5,749
Noninterest Income      
Total noninterest income 4,876 4,782 4,472
Noninterest Expense      
Personnel expense 4,313 4,226 4,029
Occupancy and equipment expense 758 784 786
Software expense 272 242 224
Outside IT services 132 160 186
Regulatory charges 134 153 145
Amortization of intangibles 131 142 150
Loan-related expense 108 130 95
Professional services 138 123 102
Merger-related and restructuring charges, net 146 115 171
Loss (gain) on early extinguishment of debt 0 392 (1)
Other expense 800 977 834
Total noninterest expense 6,932 7,444 6,721
Earnings      
Income before income taxes 4,060 3,326 3,500
Provision for income taxes 803 911 1,058
Net income 3,257 2,415 2,442
Noncontrolling interests 20 21 16
Dividends on preferred stock 174 174 167
Net income available to common shareholders $ 3,063 $ 2,220 $ 2,259
Basic EPS (in dollars per share) $ 3.96 $ 2.78 $ 2.81
Diluted EPS (in dollars per share) $ 3.91 $ 2.74 $ 2.77
Basic weighted average shares outstanding (in shares) 772,963 799,217 804,680
Diluted weighted average shares outstanding (in shares) 783,484 810,977 814,916
Insurance income      
Noninterest Income      
Total noninterest income $ 1,852 $ 1,754 $ 1,713
Service charges on deposits      
Noninterest Income      
Total noninterest income 712 706 664
Investment banking and brokerage fees and commissions      
Noninterest Income      
Total noninterest income 477 410 408
Mortgage banking income      
Noninterest Income      
Total noninterest income 358 415 463
Trust and investment advisory revenues      
Noninterest Income      
Total noninterest income 285 278 266
Bankcard fees and merchant discounts      
Noninterest Income      
Total noninterest income 287 271 237
Checkcard fees      
Noninterest Income      
Total noninterest income 221 214 195
Operating lease income      
Noninterest Income      
Total noninterest income 145 146 137
Income from bank-owned life insurance      
Noninterest Income      
Total noninterest income 116 122 123
Other income      
Noninterest Income      
Total noninterest income 420 467 220
Securities gains (losses), net      
Noninterest Income      
Total noninterest income 3 (1) 46
Securities gains (losses), net      
Gross realized gains 4 17 46
Gross realized losses $ (1) $ (18) $ 0