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Consolidated Statements Of Changes In Shareholders' Equity (unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Nonredeemable Preferred Stock
Common Stock
Capital Surplus
Accumulated Other Comprehensive Loss
Retained Earnings
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2022     131.0        
Balance at Dec. 31, 2022 $ 5,181 $ 394 $ 1,141 $ 2,220 $ (3,742) $ 11,258 $ (6,090)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 848         848  
Other comprehensive income (loss), net of tax (798)       (798)    
Cash dividends declared on common stock (282)         (282)  
Cash dividends declared on preferred stock (17)         (17)  
Net issuance of common stock under employee stock plans (in shares)     0.8        
Net issuance of common stock under employee stock plans (4)     (44)   (11) 51
Share-based compensation 44     44      
Ending balance at Sep. 30, 2023 4,972 394 $ 1,141 2,220 (4,540) 11,796 (6,039)
Ending Balance (in shares) at Sep. 30, 2023     131.8        
Beginning balance (in shares) at Jun. 30, 2023     131.7        
Balance at Jun. 30, 2023 5,595 394 $ 1,141 2,212 (3,756) 11,648 (6,044)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 251         251  
Other comprehensive income (loss), net of tax (784)       (784)    
Cash dividends declared on common stock (94)         (94)  
Cash dividends declared on preferred stock (6)         (6)  
Net issuance of common stock under employee stock plans (in shares)     0.1        
Net issuance of common stock under employee stock plans 1     (1)   (3) 5
Share-based compensation 9     9      
Ending balance at Sep. 30, 2023 4,972 394 $ 1,141 2,220 (4,540) 11,796 (6,039)
Ending Balance (in shares) at Sep. 30, 2023     131.8        
Beginning balance (in shares) at Dec. 31, 2023     131.9        
Balance at Dec. 31, 2023 6,406 394 $ 1,141 2,224 (3,048) 11,727 (6,032)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of change in accounting principle [1] (4)         (4)  
Net income 528         528  
Other comprehensive income (loss), net of tax 693       693    
Cash dividends declared on common stock (283)         (283)  
Cash dividends declared on preferred stock (17)         (17)  
Net issuance of common stock under employee stock plans (in shares)     0.8        
Net issuance of common stock under employee stock plans (2)     (52)   (2) 52
Share-based compensation 45     45      
Ending balance at Sep. 30, 2024 7,366 394 $ 1,141 2,217 (2,355) 11,949 (5,980)
Ending Balance (in shares) at Sep. 30, 2024     132.7        
Beginning balance (in shares) at Jun. 30, 2024     132.6        
Balance at Jun. 30, 2024 6,161 394 $ 1,141 2,210 (3,463) 11,867 (5,988)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 184         184  
Other comprehensive income (loss), net of tax 1,108       1,108    
Cash dividends declared on common stock (94)         (94)  
Cash dividends declared on preferred stock (6)         (6)  
Net issuance of common stock under employee stock plans (in shares)     0.1        
Net issuance of common stock under employee stock plans 4     (2)   (2) 8
Share-based compensation 9     9      
Ending balance at Sep. 30, 2024 $ 7,366 $ 394 $ 1,141 $ 2,217 $ (2,355) $ 11,949 $ (5,980)
Ending Balance (in shares) at Sep. 30, 2024     132.7        
[1] Effective January 1, 2024, the Corporation adopted ASU 2023-02, which expanded the permitted use of the proportional amortization method to certain tax credit investments.