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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income on:        
Loans, including fees $ 1,072 $ 847 $ 2,880 $ 2,550
Debt securities 171 135 466 399
Interest and Fee Income, Loans & Leases Held for Sale 8 7 27 31
Other earning assets 92 17 177 45
Total interest income 1,343 1,006 3,550 3,025
Interest expense on:        
Deposits 50 15 83 51
Long-term borrowings 31 26 82 79
Total interest expense 81 41 165 130
Net interest income 1,262 965 3,385 2,895
Provision for (benefit from) credit losses 135 (155) 159 (634)
Net interest income after provision for (benefit from) credit losses 1,127 1,120 3,226 3,529
Non-interest income:        
Total non-interest income 605 649 1,829 1,909
Non-interest expense:        
Salaries and employee benefits 593 552 1,714 1,630
Equipment and software expense 98 90 290 269
Net occupancy expense 76 75 226 227
Other 403 221 821 638
Total non-interest expense 1,170 938 3,051 2,764
Income before income taxes 562 831 2,004 2,674
Income tax expense 133 180 444 591
Net income 429 651 1,560 2,083
Net income available to common shareholders $ 404 $ 624 $ 1,486 $ 1,986
Weighted-average number of shares outstanding:        
Basic (in shares) 934 955 936 958
Diluted (in shares) 940 962 942 965
Earnings per common share:        
Basic (in dollars per share) $ 0.43 $ 0.65 $ 1.59 $ 2.07
Diluted (in dollars per share) $ 0.43 $ 0.65 $ 1.58 $ 2.06
Service charges on deposit accounts        
Non-interest income:        
Total non-interest income $ 156 $ 162 $ 489 $ 482
Card and ATM fees        
Non-interest income:        
Total non-interest income 126 129 383 372
Capital markets income        
Non-interest income:        
Total non-interest income 93 87 278 248
Mortgage income        
Non-interest income:        
Total non-interest income 37 50 132 193
Investment management and trust fee income        
Non-interest income:        
Total non-interest income 74 69 221 204
Securities gains (losses), net        
Non-interest income:        
Total non-interest income (1) 1 (1) 3
Other        
Non-interest income:        
Total non-interest income $ 120 $ 151 $ 327 $ 407