v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows From Operating Activities:    
Net income $ 3,833 $ 3,953
Adjustments to reconcile net income to net cash from operating activities:    
Provision (benefit) for credit losses 621 1,382
Depreciation 376 414
Amortization of intangibles 189 220
Securities (gains) losses 1,447 19
Net change in operating assets and liabilities:    
LHFS 352 (578)
Pension asset (229) (169)
Derivative assets and liabilities 1,078 (1,130)
Trading assets 572 (631)
Investments in affordable housing projects and other qualified tax credits [1] (560) (142)
Other assets and other liabilities (2,144) (610)
Other, net [1] (2,054) 429
Net cash flows from operating activities 3,481 3,157
Cash Flows From Investing Activities:    
Proceeds from sales of AFS securities 7,279 1,113
Proceeds from maturities, calls and paydowns of AFS securities 12,184 12,123
Purchases of AFS securities (18,968) (9,350)
Proceeds from maturities, calls and paydowns of HTM securities 2,800 2,841
Purchases of HTM securities (4,068) 0
Originations of loans and leases, net of principal collected (2,245) (18,194)
Purchases of loans and leases (750) (818)
Proceeds from sales of loans and leases 6,002 439
Net cash received (paid) for securities borrowed or purchased under agreements to resell (703) (431)
Purchases of loan servicing rights [1] (755) (182)
Other, net [1] 189 (512)
Net cash flows from investing activities 965 (12,971)
Cash Flows From Financing Activities:    
Net change in deposits 12,835 4,383
Net change in short-term borrowings (15,418) 199
Proceeds from issuance of long-term debt 75,679 50,907
Repayment of long-term debt (63,128) (44,501)
Repurchase of common stock (3,534) (1,750)
Net proceeds from preferred stock issued 495 0
Cash dividends paid on common stock (1,910) (2,014)
Cash dividends paid on preferred stock (253) (268)
Other, net (117) (58)
Net cash flows from financing activities 4,649 6,898
Net Change in Cash and Cash Equivalents 9,095 (2,916)
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1 36,377 39,768
Cash and Cash Equivalents of Continuing and Discontinued Operations, September 30 45,472 36,852
Supplemental Disclosure of Cash Flow Information:    
Interest expense 7,093 7,568
Income taxes 164 196
Transfer of loans HFI, net of ALLL, to LHFS $ 5,395 $ 404
[1] Prior period balances have been conformed to current period presentation.