XML 21 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income on:    
Loans, including fees $ 1,421 $ 1,360
Debt securities 209 187
Loans held for sale 8 7
Other earning assets 86 87
Total interest income 1,724 1,641
Interest expense on:    
Deposits 495 179
Short-term borrowings 1 5
Long-term borrowings 44 40
Total interest expense 540 224
Net interest income 1,184 1,417
Provision (credit) for credit losses 152 135
Net interest income after provision for credit losses 1,032 1,282
Non-interest income:    
Total Noninterest Income 563 534
Non-interest expense:    
Salaries and employee benefits 658 616
Equipment and Software Expense 101 102
Net occupancy expense $ 74 73
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] Other  
Other $ 298 236
Total non-interest expense 1,131 1,027
Income before income taxes 464 789
Income tax expense 96 177
Net income 368 612
Net income available to common shareholders $ 343 $ 588
Weighted Average Number of Shares Outstanding, Diluted [Abstract]    
Basic 921 935
Diluted 923 942
Earnings Per Share [Abstract]    
Basic $ 0.37 $ 0.63
Diluted $ 0.37 $ 0.62
Service charges on deposit accounts    
Non-interest income:    
Total Noninterest Income $ 148 $ 155
Card and ATM fees    
Non-interest income:    
Total Noninterest Income 116 121
Investment management and trust fee income    
Non-interest income:    
Total Noninterest Income 81 76
Capital Markets [Member]    
Non-interest income:    
Total Noninterest Income 91 42
Mortgage income    
Non-interest income:    
Total Noninterest Income 41 24
Securities gains, net [Member]    
Non-interest income:    
Total Noninterest Income (50) (2)
Other [Member]    
Non-interest income:    
Total Noninterest Income $ 136 $ 118