Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Shareholders' Equity

v3.22.2.2
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, 2020 $ 272,924 $ 24,510 $ 85,982 $ 164,088 $ (1,656)
Beginning Balance (in shares) at Dec. 31, 2020     8,650.8    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 24,965     24,965  
Net change in debt securities (1,243)       (1,243)
Net change in debit valuation adjustments 292       292
Net change in derivatives (1,130)       (1,130)
Employee benefit plan adjustments 170       170
Net change in foreign currency translation adjustments (29)       (29)
Dividends declared:          
Common (4,859)     (4,859)  
Preferred (1,181)     (1,181)  
Issuance of preferred stock 902 902      
Redemption of preferred stock (1,971) (1,971)      
Common stock issued under employee plans, net, and other 1,217   $ 1,223 (6)  
Common stock issued under employee plans, net, and other (in shares)     42.2    
Common stock repurchased (17,593)   $ (17,593)    
Common stock repurchased (in shares)     (451.8)    
Ending balance at Sep. 30, 2021 272,464 23,441 $ 69,612 183,007 (3,596)
Ending Balance (in shares) at Sep. 30, 2021     8,241.2    
Beginning balance at Jun. 30, 2021 277,119 23,441 $ 79,242 177,499 (3,063)
Beginning Balance (in shares) at Jun. 30, 2021     8,487.2    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,691     7,691  
Net change in debt securities (153)       (153)
Net change in debit valuation adjustments 27       27
Net change in derivatives (431)       (431)
Employee benefit plan adjustments 50       50
Net change in foreign currency translation adjustments (26)       (26)
Dividends declared:          
Common (1,749)     (1,749)  
Preferred (431)     (431)  
Common stock issued under employee plans, net, and other 281   $ 284 (3)  
Common stock issued under employee plans, net, and other (in shares)     2.0    
Common stock repurchased (9,914)   $ (9,914)    
Common stock repurchased (in shares)     (248.0)    
Ending balance at Sep. 30, 2021 272,464 23,441 $ 69,612 183,007 (3,596)
Ending Balance (in shares) at Sep. 30, 2021     8,241.2    
Beginning balance at Dec. 31, 2021 270,066 24,708 $ 62,398 188,064 (5,104)
Beginning Balance (in shares) at Dec. 31, 2021     8,077.8    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 20,396     20,396  
Net change in debt securities (6,381)       (6,381)
Net change in debit valuation adjustments 1,298       1,298
Net change in derivatives (10,890)       (10,890)
Employee benefit plan adjustments 97       97
Net change in foreign currency translation adjustments (47)       (47)
Dividends declared:          
Common (5,188)     (5,188)  
Preferred (1,285)     (1,285)  
Issuance of preferred stock 4,426 4,426      
Common stock issued under employee plans, net, and other 1,107   $ 1,137 (30)  
Common stock issued under employee plans, net, and other (in shares)     44.5    
Common stock repurchased (4,075)   $ (4,075)    
Common stock repurchased (in shares)     (97.8)    
Ending balance at Sep. 30, 2022 269,524 29,134 $ 59,460 201,957 (21,027)
Ending Balance (in shares) at Sep. 30, 2022     8,024.5    
Beginning balance at Jun. 30, 2022 269,118 29,134 $ 59,499 197,159 (16,674)
Beginning Balance (in shares) at Jun. 30, 2022     8,035.2    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,082     7,082  
Net change in debt securities (1,112)       (1,112)
Net change in debit valuation adjustments 462       462
Net change in derivatives (3,703)       (3,703)
Employee benefit plan adjustments 37       37
Net change in foreign currency translation adjustments (37)       (37)
Dividends declared:          
Common (1,780)     (1,780)  
Preferred (503)     (503)  
Common stock issued under employee plans, net, and other 410   $ 411 (1)  
Common stock issued under employee plans, net, and other (in shares)     2.5    
Common stock repurchased (450)   $ (450)    
Common stock repurchased (in shares)     (13.2)    
Ending balance at Sep. 30, 2022 $ 269,524 $ 29,134 $ 59,460 $ 201,957 $ (21,027)
Ending Balance (in shares) at Sep. 30, 2022     8,024.5