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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Income from continuing operations, net of tax $ 4,747 $ 4,887 $ 7,360
Income from discontinued operations, net of tax 3 0 0
Net income 4,750 4,887 7,360
Adjustments to reconcile net income to net cash from operating activities:      
Provision for credit losses 11,716 10,426 5,847
Depreciation and amortization, net 3,237 3,226 3,210
Deferred tax provision (benefit) (853) (723) (772)
Net securities losses 35 34 9
Loss (gain) on sales of loans 29 6 (196)
Stock-based compensation expense 569 513 314
Other 65 51 40
Loans held for sale:      
Originations and purchases (3,688) (4,602) (8,822)
Proceeds from sales and paydowns 3,870 4,432 9,679
Changes in operating assets and liabilities:      
Changes in interest receivable (54) (359) (641)
Changes in other assets (426) 716 (2,973)
Changes in interest payable 17 122 246
Changes in other liabilities (1,104) 1,846 511
Net change from discontinued operations (4) 0 (3)
Net cash from operating activities 18,159 20,575 13,809
Securities available for sale:      
Purchases (17,183) (10,446) (14,850)
Proceeds from paydowns and maturities 11,849 8,841 19,074
Proceeds from sales 175 290 2,570
Net changes in loans originated as held for investment (21,431) (17,822) (35,885)
Principal recoveries of loans previously charged off 3,001 2,288 2,091
Changes in premises and equipment (1,204) (961) (934)
Net cash used in acquisitions 0 (2,785) (1,176)
Net cash used in other investing activities (1,617) (1,325) (628)
Net cash used in investing activities (26,410) (21,920) (29,738)
Financing activities:      
Changes in deposits 14,156 15,172 22,539
Issuance of securitized debt obligations 1,805 3,292 9,728
Maturities and paydowns of securitized debt obligations (5,828) (2,483) (7,060)
Issuance of senior and subordinated notes 3,985 8,218 21,272
Maturities and paydowns of senior and subordinated notes (4,411) (8,436) (15,561)
Changes in other borrowings 27 (351) 44
Common stock:      
Net proceeds from issuances 323 299 276
Dividends paid (932) (931) (950)
Preferred stock:      
Dividends paid (228) (228) (228)
Purchases of treasury stock (734) (718) (4,948)
Proceeds from share-based payment activities 4 10 19
Net cash from financing activities 8,167 13,844 25,131
Changes in cash, cash equivalents and restricted cash for securitization investors (84) 12,499 9,202
Cash, cash equivalents and restricted cash for securitization investors, beginning of the period 43,755 31,256 22,054
Cash, cash equivalents and restricted cash for securitization investors, end of the period 43,671 43,755 31,256
Supplemental cash flow information:      
Interest paid 13,201 10,823 3,609
Income tax paid $ 1,105 $ 1,355 $ 1,852