Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.20.1
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, 2018 $ 265,325 $ 22,326 $ 118,896 $ 136,314 $ (12,211)
Beginning Balance (in shares) at Dec. 31, 2018     9,669.3    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,311     7,311  
Net change in debt securities 2,309       2,309
Net change in debit valuation adjustments (363)       (363)
Net change in derivatives 229       229
Employee benefit plan adjustments 28       28
Net change in foreign currency translation adjustments (34)       (34)
Dividends declared:          
Common (1,456)     (1,456)  
Preferred (442)     (442)  
Common stock issued under employee plans, net, and other 201   $ 205 (4)  
Common stock issued under employee plans, net, and other (in shares)     119.1    
Common stock repurchased (6,263)   $ (6,263)    
Common stock repurchased (in shares)     (220.0)    
Ending Balance at Mar. 31, 2019 267,010 22,326 $ 112,838 141,888 (10,042)
Ending Balance (in shares) at Mar. 31, 2019     9,568.4    
Beginning Balance at Dec. 31, 2019 264,810 23,401 $ 91,723 156,319 (6,633)
Beginning Balance (in shares) at Dec. 31, 2019     8,836.1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 4,010     4,010  
Net change in debt securities 4,795       4,795
Net change in debit valuation adjustments 1,346       1,346
Net change in derivatives 417       417
Employee benefit plan adjustments 43       43
Net change in foreign currency translation adjustments (88)       (88)
Dividends declared:          
Common (1,579)     (1,579)  
Preferred (469)     (469)  
Issuance of preferred stock 1,098 1,098      
Redemption of preferred stock (1,072) (1,072)      
Common stock issued under employee plans, net, and other 375   $ 384 (9)  
Common stock issued under employee plans, net, and other (in shares)     39.7    
Common stock repurchased (6,362)   $ (6,362)    
Common stock repurchased (in shares)     (200.3)    
Ending Balance at Mar. 31, 2020 $ 264,918 $ 23,427 $ 85,745 $ 155,866 $ (120)
Ending Balance (in shares) at Mar. 31, 2020     8,675.5