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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income $ 1,193 $ 1,131
Adjustments to reconcile net income to net cash from operating activities:    
Provision (credit) for credit losses 253 24
Depreciation, amortization and accretion, net 124 201
Securities (gains) losses, net 2 0
Deferred income tax expense (benefit) 13 76
Originations and purchases of loans held for sale (1,785) (2,811)
Proceeds from sales of loans held for sale 1,591 3,168
(Gain) loss on sale of loans, net (14) (18)
Net change in operating assets and liabilities:    
Other earning assets (255) (244)
Interest receivable and other assets 4 (620)
Other liabilities (541) 637
Other 8 (39)
Net cash from operating activities 593 1,505
Investing activities:    
Proceeds from maturities of debt securities held to maturity 24 63
Proceeds from sales of debt securities available for sale 33 1,106
Proceeds from maturities of debt securities available for sale 1,499 2,621
Payments to Acquire Debt Securities, Available-for-sale 791 6,789
Net (payments for) proceeds from bank-owned life insurance 2 (1)
Proceeds from sales of loans 107 461
Purchases of loans (232) (571)
Net change in loans (2,225) (5,602)
Payments to Acquire Mortgage Servicing Rights (MSR) (39) (234)
Net purchases of other assets (72) (41)
Net cash from investing activities (1,694) (8,987)
Financing activities:    
Net change in deposits (4,784) (809)
Net change in short-term borrowings 3,000 0
Proceeds from long-term borrowings 2,000 0
Cash dividends on common stock (374) (319)
Cash dividends on preferred stock (49) (49)
Repurchases of common stock 0 (230)
Taxes paid related to net share settlement of equity awards (33) (22)
Net cash from financing activities (240) (1,429)
Net change in cash and cash equivalents (1,341) (8,911)
Cash and cash equivalents at beginning of year 11,227 29,411
Cash and cash equivalents at end of year $ 9,886 $ 20,500