Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Shareholders' Equity

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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 18,232     18,232  
Net change in debt securities 61       61
Net change in debit valuation adjustments (293)       (293)
Net change in derivatives 64       64
Employee benefit plan adjustments 288       288
Net change in foreign currency translation adjustments 86       86
Dividends declared:          
Common (4,027)     (4,027)  
Preferred (1,578)     (1,578)  
Common stock issued in connection with exercise of warrants and exchange of preferred stock 0 (2,897) $ 2,933 (36)  
Common stock issued in connection with exercise of warrants and exchange of preferred stock (in shares)     700.0    
Common stock issued under employee plans, net, and other 932   $ 932    
Common stock issued under employee plans, net, and other (in shares)     43.3    
Common stock repurchased (12,814)   $ (12,814)    
Common stock repurchased (in shares)     (508.6)    
Ending Balance at Dec. 31, 2017 267,146 22,323 $ 138,089 113,816 (7,082)
Ending 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 28,147     28,147  
Net change in debt securities (3,953)       (3,953)
Net change in debit valuation adjustments 749       749
Net change in derivatives (53)       (53)
Employee benefit plan adjustments (405)       (405)
Net change in foreign currency translation adjustments (254)       (254)
Dividends declared:          
Common (5,424)     (5,424)  
Preferred (1,451)     (1,451)  
Issuance of preferred stock 4,515 4,515      
Redemption of preferred stock (4,512) (4,512)      
Common stock issued under employee plans, net, and other 889   $ 901 (12)  
Common stock issued under employee plans, net, and other (in shares)     58.2    
Common stock repurchased (20,094)   $ (20,094)    
Common stock repurchased (in shares)     (676.2)    
Ending Balance at Dec. 31, 2018 265,325 22,326 $ 118,896 136,314 (12,211)
Ending Balance (in shares) at Dec. 31, 2018     9,669.3    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
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)
Ending Balance (in shares) at Dec. 31, 2019     8,836.1