v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Available-for-sale debt and other securities, amortized cost $ 41,731 $ 43,878
Debt securities, fair value 11,547 10,965
Bank premises and equipment held for sale 9 14
Other short-term investments [1] 13,043 17,120
Total portfolio loans and leases [1] 122,396 119,791
Allowance for loan and lease losses [1] (2,412) (2,352)
Other assets [1] 12,192 12,857
Other liabilities [1] 4,627 4,902
Long-term debt [1] $ 14,492 $ 14,337
Common stock, par value (in dollars per share) $ 2.22 $ 2.22
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, outstanding (in shares) 667,709,709 669,853,830
Treasury stock, common (in shares) 256,182,872 254,038,751
Preferred stock, authorized (in shares) 500,000 500,000
Preferred stock, unissued (in shares) 422,000 422,000
Preferred stock, liquidation preference per share (in dollars per share) $ 25,000 $ 25,000
Preferred Class B    
Preferred stock, authorized (in shares) 500,000 500,000
Preferred stock, unissued (in shares) 300,000 300,000
Preferred stock, liquidation preference per share (in dollars per share) $ 1,000 $ 1,000
Residential Mortgage    
Loans held for sale $ 572 $ 574
Loans measured at FV 107 108
Allowance for loan and lease losses (134) (146)
Variable Interest Entity, Primary Beneficiary | Automobile And Solar Loan    
Other short-term investments 43 51
Total portfolio loans and leases 757 1,000
Allowance for loan and lease losses (14) (19)
Other assets 6 5
Other liabilities 11 12
Long-term debt $ 664 $ 889
[1] Includes $43 and $51 of other short-term investments, $757 and $1,000 of portfolio loans and leases, $(14) and $(19) of ALLL, $6 and $5 of other assets, $11 and $12 of other liabilities and $664 and $889 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2025 and December 31, 2024, respectively. For further information, refer to Note 7.