v3.24.4
Restatement of Annual Financial Statements (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Other assets $ 5,858 $ 5,696 $ 4,975 $ 4,610 $ 4,742       $ 4,975   $ 5,696   $ 5,858 $ 4,742    
Total assets 151,713 143,615 138,235 133,290 131,851       138,235   143,615   151,713 131,851    
Accrued expenses and other liabilities 7,216 6,464 5,590 5,789 6,212       5,590   6,464   7,216 6,212    
Total liabilities 137,478 129,950 124,853 119,692 117,956       124,853   129,950   137,478 117,956    
Retained Earnings (Accumulated Deficit) 29,855 29,665 29,287 28,575 27,758       29,287   29,665   29,855 27,758    
Stockholders’ equity 14,235 13,665 13,382 13,598 13,895       13,382   13,665   14,235 13,895 $ 12,789 $ 10,326
Total liabilities and stockholders’ equity 151,713 143,615 138,235 133,290 131,851       138,235   143,615   151,713 131,851    
Discount and interchange revenue, net 354 360 353 314 337 $ 316 $ 360 $ 290 667 $ 650 1,027 $ 966 1,381 1,303 1,144  
Other income 712 705 684 594 634 606 584 393 1,278 977 1,983 1,583 2,695 2,217 2,490  
Other expense 263 254     154 154         540 386 803 540 620  
Other expense 1,788 1,564     1,495 1,368         4,351 3,721 6,139 5,216 4,805  
Income before income taxes 483 761 1,152 1,241 1,323 1,308 1,422 1,588 2,393 3,010 3,154 4,318 3,637 5,641 6,984  
Income tax expense 117 175 263 286 312 310 334 369 549 703 724 1,013 841 1,325 1,596  
Net income 366 586 889 955 1,011 998 1,088 1,219 1,844 2,307 2,430 3,305 2,796 4,316 5,388  
Net income (loss) available to common stockholders, basic $ 364 $ 550 $ 883 $ 918 $ 1,005 $ 960 $ 1,082 $ 1,182 $ 1,801 $ 2,264 $ 2,351 $ 3,223 $ 2,715 $ 4,228 $ 5,289  
Basic earnings per common share $ 1.45 $ 2.21 $ 3.49 $ 3.50 $ 3.69 $ 3.51 $ 3.88 $ 4.15 $ 7.00 $ 8.03 $ 9.23 $ 11.55 $ 10.71 $ 15.25 $ 17.64  
Diluted earnings per common share $ 1.45 $ 2.21 $ 3.49 $ 3.50 $ 3.68 $ 3.51 $ 3.87 $ 4.14 $ 6.99 $ 8.02 $ 9.22 $ 11.54 $ 10.70 $ 15.23 $ 17.63  
Deferred income taxes       $ (119)       $ (17) $ (277) $ (154) $ (508) $ (331) $ (671) $ (452) $ 308  
Increase in accrued expenses and other liabilities       (359)       249 (779) 361 (30) 383 928 1,181 490  
Net cash provided by operating activities       1,791       1,734 3,298 3,346 5,687 4,965 8,563 7,140 6,019  
Comprehensive income $ 714 $ 483 $ 654 1,059 $ 1,025 $ 896 $ 1,050 1,100 1,713 2,150 2,196 3,046 2,910 4,071 5,249  
Parent Company [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Other assets 871       811               871 811    
Total assets 19,419       17,858               19,419 17,858    
Accrued expenses and other liabilities 323       359               323 359    
Total liabilities 5,184       3,963               5,184 3,963    
Stockholders’ equity 14,235       13,895               14,235 13,895    
Total liabilities and stockholders’ equity 19,419       17,858               19,419 17,858    
Other expense                         (2) 6 10  
Income tax expense                         7 (25) (25)  
Net income                         2,796 4,316 5,388  
Deferred income taxes                         2 (8) (13)  
Increase in accrued expenses and other liabilities                         (41) 27 24  
Net cash provided by operating activities                         1,720 4,425 3,169  
Investment in Bank Subsidiary 12,340       11,279               12,340 11,279    
Investments in non-bank subsidiaries 974       834               974 834    
Equity in undistributed net income of subsidiaries                         1,035 (300) 2,289  
Equity in undistributed net income of subsidiaries                         (1,035) 300 (2,289)  
Comprehensive income                         2,910 4,071 5,249  
Retained Earnings [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Stockholders’ equity 29,855       27,758               29,855 27,758 24,147 19,397
Net income                         2,796 4,316 5,388  
Previously Reported                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Other assets 5,667 5,513 4,822 4,461 4,597       4,822   5,513   5,667 4,597    
Total assets 151,522 143,432 138,082 133,141 131,706       138,082   143,432   151,522 131,706    
Accrued expenses and other liabilities 6,432 5,710 4,963 5,178 5,618       4,963   5,710   6,432 5,618    
Total liabilities 136,694 129,196 124,226 119,081 117,362       124,226   129,196   136,694 117,362    
Retained Earnings (Accumulated Deficit) 30,448 30,236 29,761 29,037 28,207       29,761   30,236   30,448 28,207    
Stockholders’ equity 14,828 14,236 13,856 14,060 14,344       13,856   14,236   14,828 14,344 13,180 10,683
Total liabilities and stockholders’ equity 151,522 143,432 138,082 133,141 131,706       138,082   143,432   151,522 131,706    
Discount and interchange revenue, net 370 377 370 330 357 335 379 309 700 688 1,077 1,023 1,447 1,380 1,188  
Other income 728 722 701 610 654 625 603 412 1,311 1,015 2,033 1,640 2,761 2,294 2,534  
Other expense 250 144     154 154         430 386 680 540    
Other expense 1,775 1,454     1,495 1,368         4,241 3,721 6,016 5,216    
Income before income taxes 512 888 1,169 1,257 1,343 1,327 1,441 1,607 2,426 3,048 3,314 4,375 3,826 5,718 7,028  
Income tax expense 124 205 268 289 318 314 338 373 557 712 762 1,026 886 1,344 1,606  
Net income 388 683 901 968 1,025 1,013 1,103 1,234 1,869 2,336 2,552 3,349 2,940 4,374 5,422  
Net income (loss) available to common stockholders, basic $ 386 $ 647 $ 895 $ 931 $ 1,019 $ 975 $ 1,097 $ 1,197 $ 1,826 $ 2,293 $ 2,473 $ 3,267 $ 2,859 $ 4,286 $ 5,323  
Basic earnings per common share $ 1.54 $ 2.59 $ 3.54 $ 3.55 $ 3.74 $ 3.57 $ 3.93 $ 4.20 $ 7.09 $ 8.13 $ 9.70 $ 11.70 $ 11.27 $ 15.45 $ 17.75  
Diluted earnings per common share $ 1.54 $ 2.59 $ 3.54 $ 3.55 $ 3.74 $ 3.56 $ 3.93 $ 4.20 $ 7.09 $ 8.12 $ 9.69 $ 11.69 $ 11.26 $ 15.44 $ 17.74  
Deferred income taxes       $ (115)       $ (13) $ (269) $ (145) $ (470) $ (317) $ (626) $ (433) $ 318  
Increase in accrued expenses and other liabilities       (376)       230 (812) 323 (190) 325 739 1,104 446  
Net cash provided by operating activities       1,791       1,734 3,298 3,346 5,687 4,965 8,563 7,140 6,019  
Comprehensive income $ 736 $ 580 $ 666 1,072 $ 1,039 $ 911 $ 1,065 1,115 1,738 2,179 2,318 3,090 3,054 4,129 5,283  
Previously Reported | Parent Company [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Total assets 20,012       18,307               20,012 18,307    
Stockholders’ equity 14,828       14,344               14,828 14,344    
Total liabilities and stockholders’ equity 20,012       18,307               20,012 18,307    
Net income                         2,940 4,374 5,422  
Net cash provided by operating activities                         1,720 4,425 3,169  
Investment in Bank Subsidiary 12,791       11,685               12,791 11,685    
Investments in non-bank subsidiaries 1,116       877               1,116 877    
Equity in undistributed net income of subsidiaries                         1,179 (242) 2,323  
Equity in undistributed net income of subsidiaries                         (1,179) 242 (2,323)  
Comprehensive income                         3,054 4,129 5,283  
Previously Reported | Retained Earnings [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Stockholders’ equity 30,448       28,207               30,448 28,207 24,538 19,754
Net income                         2,940 4,374 5,422  
Revision of Prior Period, Error Correction, Adjustment                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Other assets 191 183 153 149 145       153   183   191 145    
Total assets 191 183 153 149 145       153   183   191 145    
Accrued expenses and other liabilities 784 754 627 611 594       627   754   784 594    
Total liabilities 784 754 627 611 594       627   754   784 594    
Retained Earnings (Accumulated Deficit) (593) (571) (474) (462) (449)       (474)   (571)   (593) (449)    
Stockholders’ equity (593) (571) (474) (462) (449)       (474)   (571)   (593) (449) (391) (357)
Total liabilities and stockholders’ equity 191 183 153 149 145       153   183   191 145    
Discount and interchange revenue, net (16) (17) (17) (16) (20) (19) (19) (19) (33) (38) (50) (57) (66) (77) (44)  
Other income (16) (17) (17) (16) (20) (19) (19) (19) (33) (38) (50) (57) (66) (77) (44)  
Other expense 13 110     0 0         110 0 123 0    
Other expense 13 110     0 0         110 0 123 0    
Income before income taxes (29) (127) (17) (16) (20) (19) (19) (19) (33) (38) (160) (57) (189) (77) (44)  
Income tax expense (7) (30) (5) (3) (6) (4) (4) (4) (8) (9) (38) (13) (45) (19) (10)  
Net income (22) (97) (12) (13) (14) (15) (15) (15) (25) (29) (122) (44) (144) (58) (34)  
Net income (loss) available to common stockholders, basic $ (22) $ (97) $ (12) $ (13) $ (14) $ (15) $ (15) $ (15) $ (25) $ (29) $ (122) $ (44) $ (144) $ (58) $ (34)  
Basic earnings per common share $ (0.09) $ (0.38) $ (0.05) $ (0.05) $ (0.05) $ (0.06) $ (0.05) $ (0.05) $ (0.09) $ (0.10) $ (0.47) $ (0.15) $ (0.56) $ (0.20) $ (0.11)  
Diluted earnings per common share $ (0.09) $ (0.38) $ (0.05) $ (0.05) $ (0.06) $ (0.05) $ (0.06) $ (0.06) $ (0.10) $ (0.10) $ (0.47) $ (0.15) $ (0.56) $ (0.21) $ (0.11)  
Deferred income taxes       $ (4)       $ (4) $ (8) $ (9) $ (38) $ (14) $ (45) $ (19) $ (10)  
Increase in accrued expenses and other liabilities       17       19 33 38 160 58 189 77 44  
Net cash provided by operating activities       0       0 0 0 0 0 0 0 0  
Comprehensive income $ (22) $ (97) $ (12) $ (13) $ (14) $ (15) $ (15) $ (15) $ (25) $ (29) $ (122) $ (44) (144) (58) (34)  
Revision of Prior Period, Error Correction, Adjustment | Parent Company [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Total assets (593)       (449)               (593) (449)    
Stockholders’ equity (593)       (449)               (593) (449)    
Total liabilities and stockholders’ equity (593)       (449)               (593) (449)    
Net income                         (144) (58) (34)  
Net cash provided by operating activities                         0 0 0  
Investment in Bank Subsidiary (451)       (406)               (451) (406)    
Investments in non-bank subsidiaries (142)       (43)               (142) (43)    
Equity in undistributed net income of subsidiaries                         (144) (58) (34)  
Equity in undistributed net income of subsidiaries                         144 58 34  
Comprehensive income                         (144) (58) (34)  
Revision of Prior Period, Error Correction, Adjustment | Retained Earnings [Member]                                
Quarterly Error Corrections and Prior Period Adjustments Restatement [Line Items]                                
Stockholders’ equity $ (593)       $ (449)               (593) (449) (391) $ (357)
Net income                         $ (144) $ (58) $ (34)