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Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and Due from Banks $ 5,040 $ 5,000
Interest-bearing deposits with banks 29,510 25,230
Securities borrowed or purchased under agreements to resell 2,091 2,378
Trading assets at fair value 5,268 4,332
AFS securities, Fair Value 66,050 67,366
HTM securities (fair value of $43,041 and $44,630, respectively) 53,369 54,107
LHFS (including $1,201 and $852 at fair value, respectively) 1,253 1,280
Loans and leases (including $14 and $15 at fair value, respectively) 307,224 312,061
ALLL (4,803) (4,798)
Loans and leases, net of ALLL 302,421 307,263
Premises and equipment 3,274 3,298
Goodwill 17,157 17,156
CDI and other intangible assets 1,816 1,909
Loan servicing rights at fair value 3,417 3,378
Other assets (including $1,359 and $1,311 at fair value, respectively) 36,521 34,997
Assets of discontinued operations 7,772 7,655
Total assets 534,959 535,349
Liabilities    
Noninterest-bearing deposits 110,901 111,624
Interest-bearing deposits (including $23 and $0 at fair value, respectively) 283,364 284,241
Short-term borrowings (including $2,034 and $1,625 at fair value, respectively) 26,329 24,828
Long-term debt 39,071 38,918
Other liabilities (including $2,990 and $2,597 at fair value, respectively) 13,119 12,946
Liabilities of discontinued operations 3,122 3,539
Total liabilities 475,906 476,096
Shareholders’ Equity    
Preferred stock 6,673 6,673
Common stock, $5 par value 6,690 6,669
Additional paid-in capital 36,197 36,177
Retained earnings 22,483 22,088
AOCI, net of deferred income taxes (13,222) (12,506)
Noncontrolling interests 232 152
Total shareholders’ equity 59,053 59,253
Total liabilities and shareholders’ equity $ 534,959 $ 535,349
Common shares outstanding 1,338,096 1,333,743
Common shares authorized 2,000,000 2,000,000
Preferred shares outstanding 223 223
Preferred shares authorized 5,000 5,000