Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.19.3
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, 2017 $ 267,146 $ 22,323 $ 138,089 $ 113,816 $ (7,082)
Beginning 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 20,869     20,869  
Net change in debt securities (6,166)       (6,166)
Net change in debit valuation adjustments 183       183
Net change in derivatives (346)       (346)
Employee benefit plan adjustments 91       91
Net change in foreign currency translation adjustments (303)       (303)
Dividends declared:          
Common (3,952)     (3,952)  
Preferred (1,212)     (1,212)  
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 (in shares)     52.8    
Common stock issued under employee plans, net, and other 683   $ 695 (12)  
Common stock repurchased (in shares)     (481.8)    
Common stock repurchased (14,863)   $ (14,863)    
Ending Balance at Sep. 30, 2018 262,158 22,326 $ 123,921 130,747 (14,836)
Ending Balance (in shares) at Sep. 30, 2018     9,858.3    
Beginning Balance at Jun. 30, 2018 264,216 23,181 $ 128,822 125,546 (13,333)
Beginning Balance (in shares) at Jun. 30, 2018     10,012.7    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,167     7,167  
Net change in debt securities (1,172)       (1,172)
Net change in debit valuation adjustments (269)       (269)
Net change in derivatives 21       21
Employee benefit plan adjustments 31       31
Net change in foreign currency translation adjustments (114)       (114)
Dividends declared:          
Common (1,497)     (1,497)  
Preferred (466)     (466)  
Issuance of preferred stock 844 844      
Redemption of preferred stock (1,699) (1,699)      
Common stock issued under employee plans, net, and other (in shares)     9.1    
Common stock issued under employee plans, net, and other 136   $ 139 (3)  
Common stock repurchased (in shares)     (163.5)    
Common stock repurchased (5,040)   $ (5,040)    
Ending Balance at Sep. 30, 2018 262,158 22,326 $ 123,921 130,747 (14,836)
Ending Balance (in shares) at Sep. 30, 2018     9,858.3    
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 20,436     20,436  
Net change in debt securities 6,231       6,231
Net change in debit valuation adjustments (272)       (272)
Net change in derivatives 651       651
Employee benefit plan adjustments 83       83
Net change in foreign currency translation adjustments (99)       (99)
Dividends declared:          
Common (4,535)     (4,535)  
Preferred (1,186)     (1,186)  
Issuance of preferred stock 3,643 3,643      
Redemption of preferred stock (2,363) (2,363)      
Common stock issued under employee plans, net, and other (in shares)     123.4    
Common stock issued under employee plans, net, and other 704   $ 715 (11)  
Common stock repurchased (in shares)     (713.4)    
Common stock repurchased (20,396)   $ (20,396)    
Ending Balance at Sep. 30, 2019 268,387 23,606 $ 99,215 151,183 (5,617)
Ending Balance (in shares) at Sep. 30, 2019     9,079.3    
Beginning Balance at Jun. 30, 2019 271,408 24,689 $ 106,619 147,577 (7,477)
Beginning Balance (in shares) at Jun. 30, 2019     9,342.6    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,777     5,777  
Net change in debt securities 1,538       1,538
Net change in debit valuation adjustments 229       229
Net change in derivatives 118       118
Employee benefit plan adjustments 26       26
Net change in foreign currency translation adjustments (51)       (51)
Dividends declared:          
Common (1,659)     (1,659)  
Preferred (505)     (505)  
Issuance of preferred stock 1,280 1,280      
Redemption of preferred stock (2,363) (2,363)      
Common stock issued under employee plans, net, and other (in shares)     4.3    
Common stock issued under employee plans, net, and other 215   $ 222 (7)  
Common stock repurchased (in shares)     (267.6)    
Common stock repurchased (7,626)   $ (7,626)    
Ending Balance at Sep. 30, 2019 $ 268,387 $ 23,606 $ 99,215 $ 151,183 $ (5,617)
Ending Balance (in shares) at Sep. 30, 2019     9,079.3