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Strategic Lines of Business (Business Segment Financial Results) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net interest income (expense) $ 561 $ 465 $ 1,017 $ 908
Provision for credit losses 10 (135) (1) (317)
Noninterest income 268 284 512 554
Noninterest expenses 482 463 955 910
Provision (benefit) for income taxes 76 93 125 191
Net income 261 328 450 678
Net credit-related charge-offs (recoveries) 0 (11) 8 (8)
Assets, average 88,810 87,860 89,974 86,218
Loans, average 50,027 49,828 49,155 50,206
Deposits, average $ 77,589 $ 75,520 $ 78,342 $ 73,467
Return on average assets [1] 1.18% 1.50% 1.01% 1.59%
Efficiency ratio [2] 58.03% 61.72% 62.11% 62.12%
Commercial Bank        
Net interest income (expense) $ 399 $ 402 $ 755 $ 784
Provision for credit losses 8 (123) (15) (300)
Noninterest income 160 167 292 326
Noninterest expenses 237 204 471 419
Provision (benefit) for income taxes 70 111 135 224
Net income 244 377 456 767
Net credit-related charge-offs (recoveries) 2 (12) 11 (10)
Assets, average 47,451 44,283 46,173 44,365
Loans, average 43,171 42,350 42,364 42,625
Deposits, average $ 43,744 $ 43,682 $ 44,886 $ 42,399
Return on average assets [1] 2.00% 3.21% 1.85% 3.38%
Efficiency ratio [2] 42.38% 35.99% 44.69% 37.78%
Retail Bank        
Net interest income (expense) $ 147 $ 145 $ 277 $ 278
Provision for credit losses (2) (7) 5 (1)
Noninterest income 32 30 60 58
Noninterest expenses 173 173 337 322
Provision (benefit) for income taxes 2 1 (2) 1
Net income 6 8 (3) 14
Net credit-related charge-offs (recoveries) (1) 1 (1) 2
Assets, average 2,769 3,395 2,788 3,428
Loans, average 2,015 2,533 2,014 2,576
Deposits, average $ 27,145 $ 25,573 $ 27,004 $ 24,951
Return on average assets [1] 0.09% 0.12% (0.02%) 0.11%
Efficiency ratio [2] 95.87% 98.06% 99.59% 95.00%
Wealth Management        
Net interest income (expense) $ 47 $ 43 $ 83 $ 85
Provision for credit losses 4 (4) 6 (16)
Noninterest income 77 71 149 138
Noninterest expenses 89 77 172 153
Provision (benefit) for income taxes 7 9 13 19
Net income 24 32 41 67
Net credit-related charge-offs (recoveries) (1) 0 (2) 0
Assets, average 4,963 5,063 4,911 5,112
Loans, average 4,832 4,936 4,773 4,998
Deposits, average $ 5,966 $ 5,103 $ 5,636 $ 4,965
Return on average assets [1] 1.52% 2.40% 1.38% 2.55%
Efficiency ratio [2] 71.82% 66.85% 74.14% 68.31%
Finance        
Net interest income (expense) $ (33) $ (127) $ (97) $ (244)
Provision for credit losses 0 0 0 0
Noninterest income 12 9 30 21
Noninterest expenses 0 1 0 1
Provision (benefit) for income taxes (7) (26) (19) (51)
Net income (14) (93) (48) (173)
Net credit-related charge-offs (recoveries) 0 0 0 0
Assets, average 21,071 17,461 20,158 17,212
Loans, average 0 0 0 0
Deposits, average 520 944 599 964
Other        
Net interest income (expense) 1 2 (1) 5
Provision for credit losses 0 (1) 3 0
Noninterest income (13) 7 (19) 11
Noninterest expenses (17) 8 (25) 15
Provision (benefit) for income taxes 4 (2) (2) (2)
Net income 1 4 4 3
Net credit-related charge-offs (recoveries) 0 0 0 0
Assets, average 12,556 17,658 15,944 16,101
Loans, average 9 9 4 7
Deposits, average $ 214 $ 218 $ 217 $ 188
[1] Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
[2] Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding a derivative contract tied to the conversion rate of Visa Class B shares and changes in the value of shares obtained through monetization of warrants.