Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.22.0.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Cumulative-effect of change in accounting principle, net of tax
Total
Total
Cumulative-effect of change in accounting principle, net of tax
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
Accumulated Other Comprehensive (Loss) Gain
Retained Earnings
Retained Earnings
Cumulative-effect of change in accounting principle, net of tax
Noncontrolling Interest
Common Class A
Common Class A
Total
Common Class A
Common Stock
Common Class A
Capital Surplus
Series I Preferred Stock
Series I Preferred Stock
Total
Series I Preferred Stock
Preferred Stock
Series I Preferred Stock
Capital Surplus
Series I Preferred Stock
Retained Earnings
Series D Preferred Stock
Series D Preferred Stock
Total
Series D Preferred Stock
Preferred Stock
Series D Preferred Stock
Capital Surplus
Series D Preferred Stock
Retained Earnings
Series H Preferred Stock
Series H Preferred Stock
Total
Series H Preferred Stock
Preferred Stock
Series H Preferred Stock
Retained Earnings
Balance, beginning of year at Dec. 31, 2018 $ 11,102   $ 11,102   $ 1,203 $ 11 $ 9,181 $ (45) $ (609) $ 1,361   $ 0                                    
Balance, beginning of year (in shares) at Dec. 31, 2018           1,050,584,000   (3,817,000)                                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                            
Net income 1,411   1,411             1,411                                        
Other comprehensive (loss) income, net of tax 353   353           353                                          
Repurchase of common stock (in shares)           (31,494,000)                                                
Repurchases of common stock (441)   (441)     $ (1) (440)                                              
Cash dividends declared:                                                            
Cash dividends declared, common stock (611)   (611)             (611)                                        
Cash dividends declared, preferred stock (74)   (74)             (74)                               $ (37)        
Recognition of the fair value of share-based compensation 83   83       83                                              
Other share-based compensation activity (in shares)           5,451,000                                                
Other share-based compensation activity (18)   (18)     $ 0 (18)                                            
Other (in shares)           0   (720,000)                                            
Other (10)   (10)     $ 0 0 $ (11)   1                                        
Income attributable to non-controlling interest 0                                                          
Balance, end of year (in shares) at Dec. 31, 2019           1,024,541,000   (4,537,000)                                            
Balance, end of year at Dec. 31, 2019 11,795 $ (306) 11,795 $ (306) 1,203 $ 10 8,806 $ (56) (256) 2,088 $ (306) 0                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                            
Net income 817   817             817                                        
Other comprehensive (loss) income, net of tax 448   448           448                                          
Issuance of preferred stock 988   988   988                                                  
Repurchase of common stock (in shares)           (7,504,000)                                                
Repurchases of common stock (92)   (92)     $ 0 (92)                                              
Cash dividends declared:                                                            
Cash dividends declared, common stock (621)   (621)             (621)                                        
Cash dividends declared, preferred stock (100)   (100)             (100)                     $ (10)         (37)       $ (17)
Recognition of the fair value of share-based compensation 77   77       77                                              
Other share-based compensation activity (in shares)           5,372,000                                                
Other share-based compensation activity (9)   (9)     $ 0 (9)     0                                        
Other (in shares)           (151,000)   (525,000)                                            
Other (4)   (4)     $ 0 (1) $ (3)   0                                        
Income attributable to non-controlling interest 0                                                          
Balance, end of year (in shares) at Dec. 31, 2020           1,022,258,000   (5,062,000)                                            
Balance, end of year at Dec. 31, 2020 12,993   12,993   2,191 $ 10 8,781 $ (59) 192 1,878   0                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                            
Net income 1,297   1,295             1,295   2                                    
Other comprehensive (loss) income, net of tax (421)   (421)           (421)                                          
Issuance of common stock (in shares)           458,171,000                                                
Issuance of common stock 6,961   6,961     $ 5 6,993 $ (37)                                            
Issuance of preferred stock                                 $ 185 $ 185 $ 175 $ 10             $ 486 $ 486 $ 486  
Non-controlling interest acquired $ 22                     22                                    
Repurchase of common stock (in shares) (43,100,000)                           (43,139,000)                 (685,000,000)            
Repurchases of common stock $ (650)                       $ (650) $ (650) $ 0 $ (650)           $ (700) $ (700)   $ (4) (11)        
Cash dividends declared:                                                            
Cash dividends declared, common stock (826)   (826)             (826)                                        
Cash dividends declared, preferred stock (131)   (131)             (131)                     $ (7)         $ (18)       $ (21)
Recognition of the fair value of share-based compensation 129   129       129                                              
Other share-based compensation activity (in shares)           6,750,000                                                
Other share-based compensation activity (38)   (38)     $ (1) (37)     0                                        
Other (in shares)               (1,236,000)                                            
Other 11   14       0 $ 17   (3)   (3)                                    
Income attributable to non-controlling interest 2                                                          
Balance, end of year (in shares) at Dec. 31, 2021           1,444,040,000   (6,298,000)                                            
Balance, end of year at Dec. 31, 2021 $ 19,318   $ 19,297   $ 2,167 $ 14 $ 15,222 $ (79) $ (229) $ 2,202   $ 21