Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.8.0.1
Consolidated Statement of Changes in Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2016 $ 266,195 $ 25,220 $ 147,038 $ 101,225 $ (7,288)
Beginning Balance (in shares) at Dec. 31, 2016     10,052.6    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,337     5,337  
Net change in debt and equity securities (99)       (99)
Net change in debit valuation adjustments 9       9
Net change in derivatives 38       38
Employee benefit plan adjustments 27       27
Net change in foreign currency translation adjustments (3)       (3)
Dividends declared:          
Common (756)     (756)  
Preferred (502)     (502)  
Common stock issued under employee plans, net (in shares)     36.0    
Common stock issued under employee plans, net 472   $ 472    
Common stock repurchased (in shares)     (114.4)    
Common stock repurchased (2,728)   $ (2,728)    
Ending Balance at Mar. 31, 2017 267,990 25,220 $ 144,782 105,304 (7,316)
Ending Balance (in shares) at Mar. 31, 2017     9,974.2    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cumulative adjustment for adoption of new hedge accounting standard 25     (32) 57
Beginning Balance at Dec. 31, 2017 267,146 22,323 $ 138,089 113,816 (7,082)
Beginning Balance (in shares) at Dec. 31, 2017     10,287.3    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Adoption of accounting standard related to certain tax effects stranded in accumulated other comprehensive income (loss) 0     1,270 (1,270)
Net income 6,918     6,918  
Net change in debt and equity securities (3,963)       (3,963)
Net change in debit valuation adjustments 273       273
Net change in derivatives (275)       (275)
Employee benefit plan adjustments 30       30
Net change in foreign currency translation adjustments (48)       (48)
Dividends declared:          
Common (1,237)     (1,237)  
Preferred (428)     (428)  
Issuance of preferred stock 2,349 2,349      
Common stock issued under employee plans, net (in shares)     41.2    
Common stock issued under employee plans, net 292   $ 301 (9)  
Common stock repurchased (in shares)     (152.6)    
Common stock repurchased (4,858)   $ (4,858)    
Ending Balance at Mar. 31, 2018 $ 266,224 $ 24,672 $ 133,532 $ 120,298 $ (12,278)
Ending Balance (in shares) at Mar. 31, 2018     10,175.9