v3.25.3
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Operating Activities:              
Net income $ 861 $ 644 $ 730 $ 463 $ 2,198 $ 1,904  
Adjustments to reconcile net income to net cash provided by operating activities:              
Deferred income tax         (63) 57  
Amortization of other intangible assets 56   56   166 176 $ 230
Other non-cash adjustments for depreciation, amortization and accretion, net         198 310  
(Gains) losses related to investment securities, net         (1) 80  
Provision for credit losses 9   26   51 63  
Change in trading account assets, net         (115) (29)  
Change in accrued interest and fees receivable, net         (443) (351)  
Change in collateral deposits, net         (1,916) (9,843)  
Change in unrealized losses on foreign exchange derivatives, net         4,131 178  
Change in other assets, net         (2,682) 183  
Change in accrued expenses and other liabilities, net         (11) 1,324  
Other, net         343 168  
Net cash provided by (used in) operating activities         1,856 (5,780)  
Investing Activities:              
Net increase in interest-bearing deposits with banks         (9,685) (17,456)  
Net increase in securities purchased under resale agreements         (1,050) (1,642)  
Proceeds from sales of available-for-sale securities 2,390       9,911 8,405  
Proceeds from maturities of available-for-sale securities         23,891 13,280  
Purchases of available-for-sale securities         (41,657) (32,386)  
Proceeds from maturities of held-to-maturity securities         7,084 7,718  
Purchases of held-to-maturity securities         0 (5)  
Sale of loans         188 223  
Net increase in loans         (2,719) (5,506)  
Business acquisitions, net of cash acquired         0 (194)  
Purchases of equity investments and other long-term assets         (360) (104)  
Purchases of premises and equipment, net         (788) (677)  
Other, net         251 (97)  
Net cash used in investing activities         (14,934) (28,441)  
Financing Activities:              
Net decrease in time deposits         (777) (4,646)  
Net increase in all other deposits         18,848 31,105  
Net (decrease) increase in securities sold under repurchase agreements         (3,475) 252  
Net (decrease) increase in other short-term borrowings         (15) 6,358  
Proceeds from issuance of long-term debt, net of issuance costs         4,728 1,992  
Payments for long-term debt and obligations under finance leases         (3,639) (35)  
Payments for redemption of preferred stock         0 (1,500)  
Proceeds from issuance of preferred stock, net of issuance costs         743 2,323  
Repurchases of common stock         (800) (769)  
Repurchases of common stock for employee tax withholding         (87) (68)  
Payments for cash dividends         (824) (755)  
Other, net         (13) (16)  
Net cash provided by financing activities         14,689 34,241  
Net increase in cash and due from banks         1,611 20  
Cash and due from banks at beginning of period   $ 3,145   $ 4,047 3,145 4,047 4,047
Cash and due from banks at end of period $ 4,756   $ 4,067   4,756 4,067 $ 3,145
Supplemental disclosure:              
Interest paid         6,786 6,593  
Income taxes paid, net         $ 451 $ 345