XML 145 R128.htm IDEA: XBRL DOCUMENT v3.24.0.1
Parent Company FInancial Statements Parent Company Financial Statements (Statements of Cash Flows) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Condensed Financial Statements, Captions [Line Items]      
Net income $ 881 $ 1,151 $ 1,168
Net periodic defined benefit credit (27) (91) (81)
Share-based compensation expense 52 60 41
Benefit for deferred income taxes (92) (27) 79
Other, net (5) (614) (469)
Net cash provided by operating activities 1,251 638 634
Net change in premises and equipment (153) (82) (70)
Net cash used in investing activities 3,494 (9,952) 1,723
Cash dividends paid on preferred stock 23 23 23
Repurchases of common stock 17 43 729
Cash dividends paid on common stock (371) (353) (369)
Net cash provided by (used in) financing activities (1,525) (7,083) 4,555
Net increase (decrease) in cash and cash equivalents 3,220 (16,397) 6,912
Interest paid 1,449 130 57
Parent Company      
Condensed Financial Statements, Captions [Line Items]      
Net income 881 1,151 1,168
Undistributed (losses) earnings of subsidiaries, principally banks 228 105 339
Net periodic defined benefit credit 1 2 5
Share-based compensation expense 18 22 19
Benefit for deferred income taxes (2) 0 (2)
Other, net (28) (24) (3)
Net cash provided by operating activities 698 1,094 854
Advance to subsidiary bank 0 0 (150)
Capital transactions with subsidiaries 150 0 0
Net change in premises and equipment 0 (2) 1
Net cash used in investing activities 150 2 (151)
Maturities of medium- and long-term debt 850 0 0
Cash dividends paid on preferred stock (23) (23) (23)
Repurchases of common stock (17) (43) (729)
Cash dividends paid on common stock 371 353 369
Issuances of common stock under employee stock plans 18 28 34
Net cash provided by (used in) financing activities (1,243) (391) (1,087)
Net increase (decrease) in cash and cash equivalents (395) 705 (384)
Cash and cash equivalents at beginning of period 1,810 1,105 1,489
Cash and cash equivalents at end of period 1,415 1,810 1,105
Interest paid $ 76 $ 41 $ 21