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PARENT COMPANY FINANCIALS - Condensed Cash Flow Statements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES      
Net income $ 1,057 $ 1,791 $ 1,721
Deferred income taxes (238) 64 97
Increase in other liabilities 1,001 331 303
(Increase) decrease in other assets (3,979) (853) (1,217)
Net cash provided by operating activities 111 1,697 1,767
INVESTING ACTIVITIES      
Other (65) (106) (419)
Net cash used in investing activities (6,136) (3,875) (7,077)
FINANCING ACTIVITIES      
Proceeds from issuance of long-term borrowed funds 8,323 12,850 22,503
Repayments of long-term borrowed funds (14,022) (14,857) (14,837)
Treasury stock purchased (270) (1,220) (1,025)
Net proceeds from issuance of preferred stock 395 730 593
Dividends declared and paid to preferred stockholders (98) (65) (14)
Net cash provided by financing activities 15,372 1,490 6,352
Increase (decrease) in cash and cash equivalents [1] 9,347 (688) 1,042
Cash and cash equivalents at beginning of period [1] 3,386 4,074 3,032
Cash and cash equivalents at end of period [1] 12,733 3,386 4,074
Parent company      
OPERATING ACTIVITIES      
Net income 1,057 1,791 1,721
Deferred income taxes 17 (8) 17
Equity in undistributed earnings of subsidiaries (177) (697) (120)
Increase in other liabilities 43 50 11
(Increase) decrease in other assets (41) 7 (7)
Other operating, net 48 58 40
Net cash provided by operating activities 947 1,201 1,662
INVESTING ACTIVITIES      
Investments in and advances to subsidiaries (190) (105) 0
Repayment of investments in and advances to subsidiaries 205 55 0
Other (1) (1) (1)
Net cash used in investing activities 14 (51) (1)
FINANCING ACTIVITIES      
Proceeds from issuance of long-term borrowed funds 1,053 500 0
Repayments of long-term borrowed funds (12) 0 (333)
Treasury stock purchased (270) (1,220) (1,025)
Net proceeds from issuance of preferred stock 395 730 593
Dividends declared and paid to common stockholders (672) (617) (471)
Dividends declared and paid to preferred stockholders (98) (65) (14)
Other financing, net (95) (21) (13)
Net cash provided by financing activities 301 (693) (1,263)
Increase (decrease) in cash and cash equivalents 1,262 457 398
Cash and cash equivalents at beginning of period 1,418 961 563
Cash and cash equivalents at end of period $ 2,680 $ 1,418 $ 961
[1] Cash and cash equivalents include cash and due from banks and interest-bearing cash and due from banks as reflected on the Consolidated Balance Sheets.