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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 2,074 $ 2,245 $ 2,521
Adjustments to reconcile net income to net cash from operating activities:      
Provision (credit) for credit losses 553 271 (524)
Depreciation, amortization and accretion, net 236 353 371
Securities (gains) losses, net 5 (1) (3)
Deferred income tax expense 32 22 165
Originations and purchases of loans held for sale (4,496) (4,630) (6,747)
Proceeds from sales of loans held for sale 4,440 5,221 7,728
(Gain) loss on sale of loans, net (45) (30) (273)
Gain (Loss) on Extinguishment of Debt (4) 0 20
Net change in operating assets and liabilities:      
Other earning assets (109) (124) 13
Interest receivable and other assets 194 (2,242) (231)
Other liabilities (659) 2,092 (76)
Other 87 (77) 66
Net cash from operating activities 2,308 3,102 3,030
Investing activities:      
Proceeds from maturities of debt securities held to maturity 47 98 222
Proceeds from sales of debt securities available for sale 70 1,309 83
Proceeds from maturities of debt securities available for sale 2,930 4,433 5,848
Purchases of debt securities available for sale 2,610 8,991 8,360
Net (payments for) proceeds from bank-owned life insurance (5) (4) (2)
Proceeds from sales of loans 485 1,793 522
Purchases of loans (426) (876) (1,314)
Net change in loans (1,755) (10,325) 1,481
Purchases of mortgage servicing rights (157) (288) (72)
Net purchases of other assets (186) (90) (91)
Payment for acquisition of businesses, net of cash received 0 0 (1,182)
Net cash from investing activities (1,607) (12,941) (2,865)
Financing activities:      
Net change in deposits (3,955) (7,329) 13,836
Net change in short-term borrowings 0 0 (102)
Proceeds from long-term borrowings 2,000 0 647
Payments on long-term borrowings (2,000) 0 (1,779)
Cash dividends on common stock (787) (663) (608)
Cash dividends on preferred stock (98) (99) (108)
Net proceeds from issuance of preferred stock 0 0 390
Stock Redeemed or Called During Period, Value 0 0 (500)
Repurchases of common stock (252) (230) (467)
Taxes paid related to net share settlement of equity awards (35) (24) (22)
Other 0 0 3
Net cash from financing activities (5,127) (8,345) 11,290
Net change in cash and cash equivalents (4,426) (18,184) 11,455
Cash and cash equivalents at beginning of year 11,227 29,411 17,956
Cash and cash equivalents at end of year $ 6,801 $ 11,227 $ 29,411