Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Shareholders' Equity

v3.20.1
Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
Accumulated Other Comprehensive Loss
Retained Earnings (Deficit)
Series B Preferred Stock
Series B Preferred Stock
Retained Earnings (Deficit)
Series C Preferred Stock
Series C Preferred Stock
Retained Earnings (Deficit)
Series D Preferred Stock
Series D Preferred Stock
Retained Earnings (Deficit)
Series E Preferred Stock
Series E Preferred Stock
Retained Earnings (Deficit)
Balance, beginning of period (in shares) at Dec. 31, 2018     1,050,584   (3,817)                    
Balance, beginning of period at Dec. 31, 2018 $ 11,102 $ 1,203 $ 11 $ 9,181 $ (45) $ 609 $ 1,361                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 358           358                
Other comprehensive income (loss), net of tax 154         154                  
Cash dividends declared:                              
Common stock, dividend (149)           (149)                
Preferred stock, dividend               $ (1) $ (1) $ (2) $ (2) $ (9) $ (9) $ (7) $ (7)
Repurchases of common stock (in shares)     (1,833)                        
Repurchases of common stock (25)   $ 0 (25)                      
Recognition of the fair value of share-based compensation 17     17                      
Other share-based compensation activity (in shares)     1,502                        
Other share-based compensation activity (6)   $ 0 (6)     0                
Other (in shares)         4                    
Other 0       $ 0                    
Balance, end of period (in shares) at Mar. 31, 2019     1,050,253   (3,813)                    
Balance, end of period at Mar. 31, 2019 11,432 1,203 $ 11 9,167 $ (45) 455 1,551                
Balance, beginning of period (in shares) at Dec. 31, 2019     1,024,541   (4,537)                    
Balance, beginning of period at Dec. 31, 2019 11,795 1,203 $ 10 8,806 $ (56) 256 2,088                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 48           48                
Other comprehensive income (loss), net of tax 483         483                  
Cash dividends declared:                              
Common stock, dividend (155)           (155)                
Preferred stock, dividend               $ (1) $ (1) $ (1) $ (1) $ (9) $ (9) $ (7) $ (7)
Repurchases of common stock (in shares)     (7,088)                        
Repurchases of common stock (88)   $ 0 (88)                      
Recognition of the fair value of share-based compensation 15     15                      
Other share-based compensation activity (in shares)     1,299                        
Other share-based compensation activity (5)   $ 0 (5)                      
Other (in shares)         3                    
Other 0       $ 0                    
Balance, end of period (in shares) at Mar. 31, 2020     1,018,752   (4,534)                    
Balance, end of period at Mar. 31, 2020 11,769 $ 1,203 $ 10 $ 8,728 $ (56) $ 227 1,657                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Cumulative-effect of change in accounting principle for financial instruments - credit losses (ASU 2016-13), net of tax $ (306)           $ (306)