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Capital One Financial Corporation (Parent Company Only) (Tables) | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract] |
Condensed Income Statement | The following parent company only financial statements are prepared in accordance with Regulation S-X of the U.S. Securities and Exchange Commission (“SEC”). Table 19.1: Parent Company Statements of Income
|  | Year Ended December 31,
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021
Interest income |  | $ | 1,715 |  |  | $ | 595 |  |  | $ | 151 |
Interest expense |  | 2,160 |  |  | 969 |  |  | 392 |
Benefit for Credit Losses |  | (1) |  |  | (1) |  |  | (1) |
Dividends from subsidiaries |  | 3,300 |  |  | 4,352 |  |  | 13,970 |
Non-interest income (loss) |  | 91 |  |  | (15) |  |  | (26) |
Non-interest expense |  | 70 |  |  | 35 |  |  | 36 |
Income before income taxes and equity in undistributed earnings of subsidiaries |  | 2,877 |  |  | 3,929 |  |  | 13,668 |
Income tax benefit |  | (73) |  |  | (181) |  |  | (82) |
Equity in undistributed earnings of subsidiaries |  | 1,937 |  |  | 3,250 |  |  | (1,360) |
Net income |  | 4,887 |  |  | 7,360 |  |  | 12,390 |
Other comprehensive income (loss), net of tax |  | 1,648 |  |  | (10,290) |  |  | (3,120) |
Comprehensive income (loss) |  | $ | 6,535 |  |  | $ | (2,930) |  |  | $ | 9,270 |
Condensed Balance Sheet | Table 19.2: Parent Company Balance Sheets
(Dollars in millions) |  | December 31, 2023 |  | December 31, 2022
Assets: |  |  |  |
Cash and cash equivalents |  | $ | 25,647 |  |  | $ | 22,006 |
Investments in subsidiaries |  | 54,324 |  |  | 50,523 |
Loans to subsidiaries |  | 6,338 |  |  | 6,710 |
Securities available for sale |  | 380 |  |  | 395 |
Other assets |  | 2,526 |  |  | 2,281 |
Total assets |  | $ | 89,215 |  |  | $ | 81,915 |
Liabilities: |  |  |  |
Senior and subordinated notes |  | $ | 30,817 |  |  | $ | 28,970 |
Accrued expenses and other liabilities |  | 309 |  |  | 363 |
Total liabilities |  | 31,126 |  |  | 29,333 |
Total stockholders’ equity |  | 58,089 |  |  | 52,582 |
Total liabilities and stockholders’ equity |  | $ | 89,215 |  |  | $ | 81,915 |
Condensed Cash Flow Statement | Table 19.3: Parent Company Statements of Cash Flows
|  | Year Ended December 31,
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021
Operating activities: |  |  |  |  |  |
Net income |  | $ | 4,887 |  |  | $ | 7,360 |  |  | $ | 12,390 |
Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |
Equity in undistributed earnings of subsidiaries |  | (1,936) |  |  | (3,250) |  |  | 1,360 |
Other operating activities |  | 623 |  |  | (2,429) |  |  | (4,523) |
Net cash from operating activities |  | 3,574 |  |  | 1,681 |  |  | 9,227 |
Investing activities: |  |  |  |  |  |
Changes in investments in subsidiaries |  | 0 |  |  | 0 |  |  | 3,521 |
Proceeds from paydowns and maturities of securities available for sale |  | 103 |  |  | 96 |  |  | 141 |
Purchases of securities available for sale |  | (69) |  |  | (10) |  |  | — |
Changes in loans to subsidiaries |  | 371 |  |  | 1,139 |  |  | (1,925) |
Net cash from investing activities |  | 405 |  |  | 1,225 |  |  | 1,737 |
Financing activities: |  |  |  |  |  |
Borrowings: |  |  |  |  |  |
Issuance of senior and subordinated notes |  | 8,219 |  |  | 9,271 |  |  | 4,487 |
Maturities and paydowns of senior and subordinated notes |  | (6,989) |  |  | (1,250) |  |  | (2,750) |
Common stock: |  |  |  |  |  |
Net proceeds from issuances |  | 299 |  |  | 276 |  |  | 253 |
Dividends paid |  | (931) |  |  | (950) |  |  | (1,148) |
Preferred stock: |  |  |  |  |  |
Net proceeds from issuances |  | 0 |  |  | 0 |  |  | 2,052 |
Dividends paid |  | (228) |  |  | (228) |  |  | (274) |
Redemptions |  | 0 |  |  | 0 |  |  | (2,100) |
Purchases of treasury stock |  | (718) |  |  | (4,948) |  |  | (7,605) |
Proceeds from share-based payment activities |  | 10 |  |  | 19 |  |  | 55 |
Net cash from financing activities |  | (338) |  |  | 2,190 |  |  | (7,030) |
Changes in cash and cash equivalents |  | 3,641 |  |  | 5,096 |  |  | 3,934 |
Cash and cash equivalents, beginning of the period |  | 22,006 |  |  | 16,910 |  |  | 12,976 |
Cash and cash equivalents, end of the period |  | $ | 25,647 |  |  | $ | 22,006 |  |  | $ | 16,910 |

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