Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share - Basic and Diluted (Details)

v3.23.1
Earnings Per Common Share - Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Earnings per common share    
Net income $ 8,161 $ 7,067
Preferred stock dividends (505) (467)
Net income applicable to common shareholders $ 7,656 $ 6,600
Average common shares issued and outstanding (in shares) 8,065.9 8,136.8
Earnings per common share (in dollars per share) $ 0.95 $ 0.81
Diluted earnings per common share    
Net income applicable to common shareholders $ 7,656 $ 6,600
Add preferred stock dividends due to assumed conversions 56 0
Net income allocated to common shareholders $ 7,712 $ 6,600
Average common shares issued and outstanding (in shares) 8,065.9 8,136.8
Dilutive potential common shares (in shares) 116.4 65.3
Total diluted average common shares issued and outstanding (in shares) 8,182.3 8,202.1
Diluted earnings per common share (in dollars per share) $ 0.94 $ 0.80