Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.4.0.3
Consolidated Statement of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2014 $ 243,471 $ 19,309 $ 153,458 $ 75,024 $ (4,320)
Beginning Balance (in shares) at Dec. 31, 2014     10,516,542    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cumulative adjustment for accounting change related to debit valuation adjustments 0     1,226 (1,226)
Net income 3,097     3,097  
Net change in debt and marketable equity securities 1,336       1,336
Net change in debit valuation adjustments 260       260
Net change in derivatives 43       43
Employee benefit plan adjustments 25       25
Net change in foreign currency translation adjustments (51)       (51)
Dividends paid:          
Common (527)     (527)  
Preferred (382)     (382)  
Issuance of preferred stock 2,964 2,964      
Common stock issued under employee plans and related tax effects (in shares)     3,859    
Common stock issued under employee plans and related tax effects (48)   $ (48)    
Ending Balance at Mar. 31, 2015 250,188 22,273 $ 153,410 78,438 (3,933)
Ending Balance (in shares) at Mar. 31, 2015     10,520,401    
Beginning Balance at Dec. 31, 2015 256,205 22,273 $ 151,042 88,564 (5,674)
Beginning Balance (in shares) at Dec. 31, 2015     10,380,265    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 2,680     2,680  
Net change in debt and marketable equity securities 2,891       2,891
Net change in debit valuation adjustments 127       127
Net change in derivatives 24       24
Employee benefit plan adjustments 10       10
Net change in foreign currency translation adjustments 12       12
Dividends paid:          
Common (517)     (517)  
Preferred (457)     (457)  
Issuance of preferred stock 2,069 2,069      
Common stock issued under employee plans and related tax effects (in shares)     4,936    
Common stock issued under employee plans and related tax effects 732   $ 732    
Common stock repurchased (in shares)     (72,541)    
Common stock repurchased (1,000)   $ (1,000)    
Ending Balance at Mar. 31, 2016 $ 262,776 $ 24,342 $ 150,774 $ 90,270 $ (2,610)
Ending Balance (in shares) at Mar. 31, 2016     10,312,660