v3.25.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Preferred Stock
Additional Paid-In Capital
Retained Earnings
AOCI
Noncontrolling Interests
Beginning balance at Dec. 31, 2023 $ 59,253 $ 6,669 $ 6,673 $ 36,177 $ 22,088 $ (12,506) $ 152
Beginning balance (in shares) at Dec. 31, 2023   1,333,743          
Add (Deduct):              
Net income 1,200       1,197   3
Total OCI, net of tax (716)         (716)  
Stock transactions:              
Issued in connection with equity awards, net (24) $ 21   (43) (2)    
Issued in connection with equity awards, net (in shares)   4,353          
Cash dividends declared on common stock (694)       (694)    
Dividends, Preferred Stock         106    
Cash dividends declared on preferred stock (106)            
Equity-based compensation expense 63     63      
Other, net 77     0 0   77
Ending balance at Mar. 31, 2024 59,053 $ 6,690 6,673 36,197 22,483 (13,222) 232
Ending balance (in shares) at Mar. 31, 2024   1,338,096          
Beginning balance at Dec. 31, 2024 $ 63,679 $ 6,580 5,907 35,628 23,777 (8,213) 0
Beginning balance (in shares) at Dec. 31, 2024 1,315,936 1,315,936          
Add (Deduct):              
Net income $ 1,261       1,261   0
Total OCI, net of tax 963         963  
Stock transactions:              
Issued in connection with equity awards, net (62) $ 24   (83) (3)    
Issued in connection with equity awards, net (in shares)   4,858          
Repurchase of common stock (in shares)   (11,255)          
Repurchase of common stock (503) $ (56)   (447)      
Cash dividends declared on common stock (679)       (679)    
Dividends, Preferred Stock         104    
Cash dividends declared on preferred stock (104)            
Equity-based compensation expense 80     80      
Ending balance at Mar. 31, 2025 $ 64,635 $ 6,548 $ 5,907 $ 35,178 $ 24,252 $ (7,250) $ 0
Ending balance (in shares) at Mar. 31, 2025 1,309,539 1,309,539