Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.20.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
Accumulated Other Comprehensive Gain (Loss)
Accumulated Other Comprehensive Gain (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Series A Preferred Stock
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Common Stock
Series A Preferred Stock
Capital Surplus
Series E Preferred Stock
Series E Preferred Stock
Preferred Stock
Series E Preferred Stock
Retained Earnings
Beginning balance at Dec. 31, 2017 $ 10,814 $ 0 $ 1,071 $ 11 $ 9,707 $ (35) $ (528) $ (1) $ 588 $ 1              
Beginning balance (in shares) at Dec. 31, 2017       1,075,295   (3,268)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 1,393               1,393                
Other comprehensive income (loss) (80)           (80)                    
Repurchase of common stock (in shares)       (61,644)                          
Repurchases of common stock (939)       (939)                        
Issuance of preferred stock                             $ 495 $ 495  
Cash dividends declared:                                  
Cash dividends declared, common stock (541)               (541)                
Cash dividends declared, preferred stock (70)               (70)               $ (24)
Conversion of Preferred Series A Stock to Common Stock                     $ 0 $ (363)   $ 363      
Conversion of Preferred Series A Stock to Common Stock (in shares)                         30,330        
Recognition of the fair value of share-based compensation 78       78                        
Other share-based compensation activity (in shares)       6,603                          
Other share-based compensation activity (41)       (31)       (10)                
Other (in shares)       0   (549)                      
Other (7)       3 $ (10)     0                
Ending balance at Dec. 31, 2018 $ 11,102   1,203 $ 11 9,181 $ (45) (609)   1,361                
Ending balance (in shares) at Dec. 31, 2018       1,050,584   (3,817)                      
Cash dividends declared:                                  
Common stock, cash dividend per share (in USD per share) $ 0.50                                
Net income $ 1,411               1,411                
Other comprehensive income (loss) 353           353                    
Repurchase of common stock (in shares)       (31,494)                          
Repurchases of common stock (441)     $ (1) (440)                        
Cash dividends declared, common stock (611)               (611)                
Cash dividends declared, preferred stock (74)               (74)               (29)
Recognition of the fair value of share-based compensation 83       83                        
Other share-based compensation activity (in shares)       5,451                          
Other share-based compensation activity (18)       (18)                      
Other (in shares)           (720)                      
Other (10)         $ (11)     1                
Ending balance at Dec. 31, 2019 $ 11,795 $ (306) 1,203 $ 10 8,806 $ (56) (256)   2,088 $ (306)              
Ending balance (in shares) at Dec. 31, 2019       1,024,541   (4,537)                      
Cash dividends declared:                                  
Common stock, cash dividend per share (in USD per share) $ 0.58                                
Net income $ 817               817                
Other comprehensive income (loss) 448           448                    
Repurchase of common stock (in shares)       (7,504)                          
Repurchases of common stock (92)     $ 0 (92)                        
Issuance of preferred stock 988   988                            
Cash dividends declared, common stock (621)               (621)                
Cash dividends declared, preferred stock (100)               (100)               $ (29)
Recognition of the fair value of share-based compensation 77       77                        
Other share-based compensation activity (in shares)       5,372                          
Other share-based compensation activity (9)       (9)                        
Other (in shares)       (151)   (525)                      
Other (4)       (1) $ (3)                      
Ending balance at Dec. 31, 2020 $ 12,993   $ 2,191 $ 10 $ 8,781 $ (59) $ 192   $ 1,878                
Ending balance (in shares) at Dec. 31, 2020       1,022,258   (5,062)                      
Cash dividends declared:                                  
Common stock, cash dividend per share (in USD per share) $ 0.60