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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income $ 1,893 $ 2,074 $ 2,245
Adjustments to reconcile net income to net cash from operating activities:      
Provision for credit losses 487 553 271
Depreciation, amortization and accretion, net 144 236 353
Securities (gains) losses, net 208 5 1
Deferred income tax expense 21 32 22
Originations and purchases of loans held for sale (6,487) (4,496) (4,630)
Proceeds from sales of loans held for sale 6,297 4,440 5,221
(Gain) loss on sale of loans, net (49) (45) (30)
Early extinguishment of debt 0 (4) 0
Net change in operating assets and liabilities:      
Other earning assets (199) (109) (124)
Interest receivable and other assets (831) 194 (2,242)
Other liabilities 3 (659) 2,092
Other 111 87 (77)
Net cash from operating activities 1,598 2,308 3,102
Investing activities:      
Proceeds from maturities of debt securities held to maturity 105 47 98
Proceeds from sales of debt securities available for sale 5,001 70 1,309
Proceeds from maturities of debt securities available for sale 3,225 2,930 4,433
Purchases of debt securities available for sale (9,612) (2,610) (8,991)
Net (payments for) proceeds from bank-owned life insurance 16 (5) (4)
Proceeds from sales of loans 160 485 1,793
Purchases of loans (648) (426) (876)
Net change in loans 1,811 (1,755) (10,325)
Purchases of mortgage servicing rights (146) (157) (288)
Net purchases of other assets (174) (186) (90)
Net cash from investing activities (262) (1,607) (12,941)
Financing activities:      
Net change in deposits (185) (3,955) (7,329)
Net change in short-term borrowings 500 0 0
Proceeds from long-term borrowings 3,740 2,000 0
Payments on long-term borrowings (100) (2,000) 0
Cash dividends on common stock (890) (787) (663)
Cash dividends on preferred stock (104) (98) (99)
Net proceeds from issuance of preferred stock 489 0 0
Payments for Repurchase of Redeemable Preferred Stock (500) 0 0
Repurchases of common stock (348) (252) (230)
Taxes paid related to net share settlement of equity awards (27) (35) (24)
Net cash from financing activities 2,575 (5,127) (8,345)
Net change in cash and cash equivalents 3,911 (4,426) (18,184)
Cash and cash equivalents at beginning of year 6,801 11,227 29,411
Cash and cash equivalents at end of year $ 10,712 $ 6,801 $ 11,227
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Cash Flows [Extensible Enumeration] Income tax expense Income tax expense Income tax expense
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Cash Flows [Extensible Enumeration] Income tax expense Income tax expense Income tax expense