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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income $ 1,359 $ 1,683
Adjustments to reconcile net income to net cash from operating activities:    
Provision (benefit from) for credit losses 367 398
Depreciation, amortization and accretion, net 123 183
Securities (gains) losses, net 178 3
Deferred income tax expense 33 24
Originations and purchases of loans held for sale (4,443) (3,591)
Proceeds from sales of loans held for sale 4,347 3,489
(Gain) loss on sale of loans, net (43) (25)
Net change in operating assets and liabilities:    
Other earning assets (208) (244)
Interest receivable and other assets 332 (225)
Other liabilities (306) (270)
Other 79 28
Net cash from operating activities 1,818 1,453
Investing activities:    
Proceeds from maturities of debt securities held to maturity 31 37
Proceeds from sales of debt securities available for sale 3,825 49
Proceeds from maturities of debt securities available for sale 2,356 2,245
Purchases of debt securities available for sale (8,074) (1,346)
Net (payments for) proceeds from bank-owned life insurance 14 0
Proceeds from sales of loans 73 184
Purchases of loans (536) (327)
Net change in loans 1,792 (2,042)
Purchases of mortgage servicing rights (137) (136)
Net purchases of other assets (104) (115)
Net cash from investing activities (760) (1,451)
Financing activities:    
Net change in deposits (1,412) (5,544)
Net change in short-term borrowings 1,500 2,000
Proceeds from long-term borrowings 3,740 2,000
Repayments of Debt 100 0
Cash dividends on common stock (662) (561)
Cash dividends on preferred stock (78) (74)
Net proceeds from issuance of preferred stock 489 0
Payments for Repurchase of Redeemable Preferred Stock (500) 0
Repurchases of common stock (290) 0
Taxes paid related to net share settlement of equity awards (25) (34)
Net cash from financing activities 2,662 (2,213)
Net change in cash and cash equivalents 3,720 (2,211)
Cash and cash equivalents at beginning of year 6,801 11,227
Cash and cash equivalents at end of year $ 10,521 $ 9,016