v3.26.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Series D Preferred Stock
Series E Preferred Stock
Series F Preferred Stock
Series G Preferred Stock
Series H Preferred Stock
Preferred Stock
Common Shares
Capital Surplus
Retained Earnings
Retained Earnings
Series D Preferred Stock
Retained Earnings
Series E Preferred Stock
Retained Earnings
Series F Preferred Stock
Retained Earnings
Series G Preferred Stock
Retained Earnings
Series H Preferred Stock
Treasury Stock, at Cost
Accumulated Other Comprehensive Income (Loss)
Beginning balance, Preferred Shares (in shares) at Dec. 31, 2024             1,996,000                    
Beginning balance, Common Shares (in shares) at Dec. 31, 2024               1,106,786,000                  
Beginning balance at Dec. 31, 2024 $ 18,176           $ 2,500 $ 1,257 $ 6,038 $ 14,584           $ (2,733) $ (3,470)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income (loss) 405                 405              
Other comprehensive income (loss) 683                               683
Deferred compensation (1)               (1)                
Cash dividends declared                                  
Cash dividends declared on common shares (229)                 (229)              
Cash dividends declared on preferred stock   $ (7) $ (8) $ (6) $ (6) $ (9)         $ (7) $ (8) $ (6) $ (6) $ (9)    
Employee equity compensation program Common Share repurchases (in shares)               (1,958,000)                  
Employee equity compensation program Common Share repurchases (35)                             (35)  
Common Shares reissued (returned) for stock options and other employee benefit plans (in shares)               7,158,000                  
Common Shares reissued (returned) for stock options and other employee benefit plans 40               (91)             131  
Ending balance, Preferred Shares (in shares) at Mar. 31, 2025             1,996,000                    
Ending balance, Common Shares (in shares) at Mar. 31, 2025               1,111,986,000                  
Ending balance at Mar. 31, 2025 19,003           $ 2,500 $ 1,257 5,946 14,724           (2,637) (2,787)
Beginning balance, Preferred Shares (in shares) at Dec. 31, 2025             1,996,000                    
Beginning balance, Common Shares (in shares) at Dec. 31, 2025               1,102,401,000                  
Beginning balance at Dec. 31, 2025 20,381           $ 2,500 $ 1,257 6,035 15,359           (2,810) (1,960)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income (loss) 522                 522              
Other comprehensive income (loss) (261)                               (261)
Deferred compensation (2)               (2)                
Cash dividends declared                                  
Cash dividends declared on common shares $ (223)                 (223)              
Cash dividends declared on preferred stock   $ (6) $ (9) $ (6) $ (7) $ (8)         $ (6) $ (9) $ (6) $ (7) $ (8)    
Common Share repurchases (in shares) (18,000,000)             (17,969,000) [1]                  
Common Share repurchases [1] $ (389)                             (389)  
Employee equity compensation program Common Share repurchases (in shares)               (2,164,000)                  
Employee equity compensation program Common Share repurchases (46)                             (46)  
Common Shares reissued (returned) for stock options and other employee benefit plans (in shares)               5,025,000                  
Common Shares reissued (returned) for stock options and other employee benefit plans 41               (52)             93  
Ending balance, Preferred Shares (in shares) at Mar. 31, 2026   21,000 500,000 425,000 450,000 600,000 1,996,000                    
Ending balance, Common Shares (in shares) at Mar. 31, 2026               1,087,293,000                  
Ending balance at Mar. 31, 2026 $ 19,987           $ 2,500 $ 1,257 $ 5,981 $ 15,622           $ (3,152) $ (2,221)
[1] Includes open market repurchases and shares purchased pursuant to the share repurchase agreement with Scotiabank.