Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share - Basic and Diluted (Details)

v3.21.2
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, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Earnings per common share            
Net income $ 7,691     $ 4,881 $ 24,965 $ 12,424
Preferred stock dividends (431) $ (260) $ (490) (441) (1,181) (1,159)
Net income applicable to common shareholders $ 7,260     $ 4,440 $ 23,784 $ 11,265
Average common shares issued and outstanding (in shares) 8,430.7     8,732.9 8,583.1 8,762.6
Earnings per common share (in dollars per share) $ 0.86     $ 0.51 $ 2.77 $ 1.29
Diluted earnings per common share            
Net income applicable to common shareholders $ 7,260     $ 4,440 $ 23,784 $ 11,265
Add preferred stock dividends due to assumed conversions 0     0 168 0
Net income allocated to common shareholders $ 7,260     $ 4,440 $ 23,952 $ 11,265
Average common shares issued and outstanding (in shares) 8,430.7     8,732.9 8,583.1 8,762.6
Dilutive potential common shares (in shares) 62.1     44.6 119.1 37.9
Total diluted average common shares issued and outstanding (in shares) 8,492.8     8,777.5 8,702.2 8,800.5
Diluted earnings per common share (in dollars per share) $ 0.85     $ 0.51 $ 2.75 $ 1.28