Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.22.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Total
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
AOCI
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest
Series I Preferred Stock
Series I Preferred Stock
Total
Series I Preferred Stock
Preferred Stock
Series I Preferred Stock
Capital Surplus
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
Common Stock
Common Stock
Total
Common Stock
Common Stock
Common Stock
Capital Surplus
Common Stock
Treasury Stock
Series E Preferred Stock
Series E Preferred Stock
Preferred Stock
Balance, beginning of year at Dec. 31, 2019 $ 11,795 $ (306) $ 11,795 $ (306) $ 1,203 $ 10 $ 8,806 $ (56) $ (256) $ 2,088 $ (306) $ 0                                
Balance, beginning of year (in shares) at Dec. 31, 2019           1,024,541,000                                            
Balance, beginning of year, treasury stock (in shares) at Dec. 31, 2019               (4,537,000)                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net income 817   817             817                                    
Other comprehensive (loss) income, net of tax 448   448           448                                      
Net proceeds from issuance of Series H Preferred Stock 988   988                                                 $ 988
Repurchase of common stock (in shares)           (7,504,000)                                            
Repurchase/redemption of stock (in shares) (92)   (92)     $ 0 (92)                                          
Dividends, Cash [Abstract]                                                        
Cash dividends declared, common stock (621)   (621)             (621)                                    
Cash dividends declared, preferred stock (100)   (100)             (100)     $ 0       $ (37)                   $ (29)  
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)       (9)                                          
Other (in shares)           (151,000)   (525,000)                                        
Other (4)   (4)       (1) $ (3)                                        
Balance, end of year (in shares) at Dec. 31, 2020           1,022,258,000                                            
Balance, end of year, treasury stock (in shares) at Dec. 31, 2020               (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 stock                         185 $ 185 $ 175 $ 10           $ 6,961 $ 6,961 $ 5 $ 6,993 $ (37)    
Non-controlling interest acquired 22                     22                                
Net proceeds from issuance of Series H Preferred Stock 486   486   486                                              
Repurchase of common stock (in shares)           (43,139,000)                                            
Repurchase/redemption of stock (in shares) (650)   (650)     $ 0 (650)                   (700) $ (700) $ (685) $ (4) $ (11)              
Dividends, Cash [Abstract]                                                        
Cash dividends declared, common stock (826)   (826)             (826)                                    
Cash dividends declared, preferred stock (131)   (131)             (131)     (7)       (18)                   (29)  
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         $ 17   (3)   (3)                                
Balance, end of year (in shares) at Dec. 31, 2021 1,437,742,172         1,444,040,000                                            
Balance, end of year, treasury stock (in shares) at Dec. 31, 2021 (6,298,288)             (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                                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net income 2,249   2,238             2,238   11                                
Other comprehensive (loss) income, net of tax (2,869)   (2,869)           (2,869)                                      
Dividends, Cash [Abstract]                                                        
Cash dividends declared, common stock (908)   (908)             (908)                                    
Cash dividends declared, preferred stock (113)   (113)             (113)     $ (10)       $ 0                   $ (29)  
Recognition of the fair value of share-based compensation 105   105       105                                          
Other share-based compensation activity (in shares)           5,350,000                                            
Other share-based compensation activity (19)   (19)       (19)                                          
Other (in shares)               (24,000)                                        
Other $ 6   0       1 $ (1)       6                                
Balance, end of year (in shares) at Dec. 31, 2022 1,443,068,036         1,449,390,000                                            
Balance, end of year, treasury stock (in shares) at Dec. 31, 2022 (6,322,052)             (6,322,000)                                        
Balance, end of year at Dec. 31, 2022 $ 17,769   $ 17,731   $ 2,167 $ 14 $ 15,309 $ (80) $ (3,098) $ 3,419   $ 38