Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share - Basic and Diluted (Details)

v3.22.2.2
Earnings Per Common Share - Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Earnings per common share            
Net income $ 7,082     $ 7,691 $ 20,396 $ 24,965
Preferred stock dividends (503) $ (315) $ (467) (431) (1,285) (1,181)
Net income applicable to common shareholders $ 6,579     $ 7,260 $ 19,111 $ 23,784
Average common shares issued and outstanding (in shares) 8,107.7     8,430.7 8,122.2 8,583.1
Earnings per common share (in dollars per share) $ 0.81     $ 0.86 $ 2.35 $ 2.77
Diluted earnings per common share            
Net income applicable to common shareholders $ 6,579     $ 7,260 $ 19,111 $ 23,784
Add preferred stock dividends due to assumed conversions 0     0 0 168
Net income allocated to common shareholders $ 6,579     $ 7,260 $ 19,111 $ 23,952
Average common shares issued and outstanding (in shares) 8,107.7     8,430.7 8,122.2 8,583.1
Dilutive potential common shares (in shares) 53.1     62.1 51.1 119.1
Total diluted average common shares issued and outstanding (in shares) 8,160.8     8,492.8 8,173.3 8,702.2
Diluted earnings per common share (in dollars per share) $ 0.81     $ 0.85 $ 2.34 $ 2.75