Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.22.0.1
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)
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Beginning balance at Dec. 31, 2018 $ 265,325 $ 22,326 $ 118,896 $ 136,314 $ (12,211) $ 165 $ 165
Beginning Balance (in shares) at Dec. 31, 2018     9,669.3        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Accounting standards update Accounting Standards Update 2016-02 [Member]            
Net income $ 27,430     27,430      
Net change in debt securities 5,875       5,875    
Net change in debit valuation adjustments (963)       (963)    
Net change in derivatives 616       616    
Employee benefit plan adjustments 136       136    
Net change in foreign currency translation adjustments (86)       (86)    
Dividends declared:              
Common (6,146)     (6,146)      
Preferred (1,432)     (1,432)      
Issuance of preferred stock 3,643 3,643          
Redemption of preferred stock (2,568) (2,568)          
Common stock issued under employee plans, net, and other 959   $ 971 (12)      
Common stock issued under employee plans, net, and other (in shares)     123.3        
Common stock repurchased (28,144)   $ (28,144)        
Common stock repurchased (in shares)     (956.5)        
Ending balance at Dec. 31, 2019 $ 264,810 23,401 $ 91,723 156,319 (6,633) $ (2,406) $ (2,406)
Ending Balance (in shares) at Dec. 31, 2019     8,836.1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Accounting standards update Accounting Standards Update 2016-13 [Member]            
Net income $ 17,894     17,894      
Net change in debt securities 4,799       4,799    
Net change in debit valuation adjustments (498)       (498)    
Net change in derivatives 826       826    
Employee benefit plan adjustments (98)       (98)    
Net change in foreign currency translation adjustments (52)       (52)    
Dividends declared:              
Common (6,289)     (6,289)      
Preferred (1,421)     (1,421)      
Issuance of preferred stock 2,181 2,181          
Redemption of preferred stock (1,072) (1,072)          
Common stock issued under employee plans, net, and other 1,275   $ 1,284 (9)      
Common stock issued under employee plans, net, and other (in shares)     41.7        
Common stock repurchased (7,025)   $ (7,025)        
Common stock repurchased (in shares)     (227.0)        
Ending balance at Dec. 31, 2020 272,924 24,510 $ 85,982 164,088 (1,656)    
Ending Balance (in shares) at Dec. 31, 2020     8,650.8        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 31,978     31,978      
Net change in debt securities (2,077)       (2,077)    
Net change in debit valuation adjustments 356       356    
Net change in derivatives (2,306)       (2,306)    
Employee benefit plan adjustments 624       624    
Net change in foreign currency translation adjustments (45)       (45)    
Dividends declared:              
Common (6,575)     (6,575)      
Preferred (1,421)     (1,421)      
Issuance of preferred stock 2,169 2,169          
Redemption of preferred stock (1,971) (1,971)          
Common stock issued under employee plans, net, and other 1,536   $ 1,542 (6)      
Common stock issued under employee plans, net, and other (in shares)     42.3        
Common stock repurchased (25,126)   $ (25,126)        
Common stock repurchased (in shares)     (615.3)        
Ending balance at Dec. 31, 2021 $ 270,066 $ 24,708 $ 62,398 $ 188,064 $ (5,104)    
Ending Balance (in shares) at Dec. 31, 2021     8,077.8