v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Nonvoting common stock
Preferred Stock
Common stock
Common stock
Common stock
Nonvoting common stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock, at cost
Treasury Stock, at cost
Common stock
Treasury Stock, at cost
Nonvoting common stock
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2024 $ 48,375.0     $ 9,191.0 $ 20.0 $ 1.0 $ 27,639.0 $ 37,568.0 $ (11,196.0)     $ (14,848.0)
Beginning balance (in shares) at Dec. 31, 2024         2,023.0 51.0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 4,035.0 $ 4,017.0 $ 18.0         4,035.0        
Other comprehensive income (loss), net of tax 2,257.0                     2,257.0
Redemption of preferred stock (2,458.0)     (2,428.0)       (30.0)        
Dividends declared on preferred stock (218.4)             (218.0)        
Dividends declared on common stock (985.0)             (985.0)        
Repurchase of nonvoting common stock, inclusive of tax (in shares)         19.0 (19.0)            
Repurchase of stock, inclusive of tax   (353.0) (1,512.0)             $ (353.0) $ (1,512.0)  
Conversion of nonvoting common stock to common stock (in shares)         32.0 (32.0)            
Conversion of nonvoting common stock to common stock 0.0       $ 1.0 $ (1.0)            
Stock option exercises and other 109.0           (89.0)   198.0      
Share-based compensation 181.0           181.0          
Other 20.0           82.0 4.0 (66.0)      
Balance at end of period at Jun. 30, 2025 49,451.0     6,763.0 $ 21.0 $ 0.0 27,813.0 40,374.0 (12,929.0)     (12,591.0)
Ending balance (in shares) at Jun. 30, 2025         2,074.0 0.0            
Balance at beginning of period at Mar. 31, 2025 49,511.0     9,191.0 $ 21.0   27,664.0 38,882.0 (12,626.0)     (13,621.0)
Beginning balance (in shares) at Mar. 31, 2025         2,074.0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 2,126.0 $ 2,126.0 $ 0.0         2,126.0        
Other comprehensive income (loss), net of tax 1,030.0                     1,030.0
Redemption of preferred stock (2,458.0)     (2,428.0)       (30.0)        
Dividends declared on preferred stock (115.3)             (115.0)        
Dividends declared on common stock (493.0)             (493.0)        
Repurchase of nonvoting common stock, inclusive of tax (in shares)   3.9                    
Repurchase of stock, inclusive of tax   $ (353.0)               (353.0)    
Stock option exercises and other 70.0           34.0   36.0      
Share-based compensation 65.0           65.0          
Other 68.0           50.0 4.0 14.0      
Balance at end of period at Jun. 30, 2025 49,451.0     6,763.0 $ 21.0 $ 0.0 27,813.0 40,374.0 (12,929.0)     (12,591.0)
Ending balance (in shares) at Jun. 30, 2025         2,074.0 0.0            
Balance at beginning of period at Dec. 31, 2025 49,425.0     6,763.0 $ 21.0 $ 0.0 27,996.0 44,065.0 (18,437.0)     (10,983.0)
Beginning balance (in shares) at Dec. 31, 2025         2,074.0 0.0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 5,279.0 5,279.0           5,279.0        
Other comprehensive income (loss), net of tax 408.0                     408.0
Issuance of preferred stock, net 1,480.0     1,480.0                
Redemption of preferred stock (2,055.0)     (2,030.0)       (25.0)        
Dividends declared on preferred stock (152.4)             (152.0)        
Dividends declared on common stock (1,123.0)             (1,123.0)        
Repurchase of stock, inclusive of tax   (3,407.0)               (3,407.0)    
Stock option exercises and other 58.0           (132.0)   190.0      
Share-based compensation 211.0           211.0          
Other 23.0           104.0   (81.0)      
Balance at end of period at Jun. 30, 2026 50,147.0     6,213.0 $ 21.0 $ 0.0 28,179.0 48,044.0 (21,735.0)     (10,575.0)
Ending balance (in shares) at Jun. 30, 2026         2,074.0 0.0            
Balance at beginning of period at Mar. 31, 2026 49,234.0     6,763.0 $ 21.0   28,047.0 45,912.0 (20,752.0)     (10,757.0)
Beginning balance (in shares) at Mar. 31, 2026         2,074.0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 2,800.0 2,800.0           2,800.0        
Other comprehensive income (loss), net of tax 182.0                     182.0
Issuance of preferred stock, net 1,480.0     1,480.0                
Redemption of preferred stock (2,055.0)     (2,030.0)       (25.0)        
Dividends declared on preferred stock (82.3)             (82.0)        
Dividends declared on common stock (561.0)             (561.0)        
Repurchase of stock, inclusive of tax   $ (1,008.0)               $ (1,008.0)    
Stock option exercises and other 11.0           (7.0)   18.0      
Share-based compensation 84.0           84.0          
Other 62.0           55.0   7.0      
Balance at end of period at Jun. 30, 2026 $ 50,147.0     $ 6,213.0 $ 21.0 $ 0.0 $ 28,179.0 $ 48,044.0 $ (21,735.0)     $ (10,575.0)
Ending balance (in shares) at Jun. 30, 2026         2,074.0 0.0