v3.25.4
SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Summary of Preferred Stock
The following schedule presents the components of our preferred stock:
(Dollar amounts in millions)Carrying value at
December 31,
Shares at
December 31, 2025
Dividends payableEarliest
redemption date
20252024AuthorizedOutstandingRate
Series A$66 $66 140,000 66,139 
> of 4.0% or
3M Term SOFR + 0.78%
Qtrly Mar, Jun, Sep, Dec Dec 15, 2011
Schedule of Share Repurchases
The following schedule summarizes our share repurchases for the periods presented:
PeriodShares purchased as part of publicly announced plansShares purchased as part of stock compensation planTotal number of shares purchasedAverage price paid per shareAmount paid
(in millions)
2025747,268 25,976 773,244 $53.63 $41 
2024890,167 10,558 900,725 $39.53 $36 
Schedule of Changes in Accumulated Other Comprehensive Income
The following schedule presents the changes in AOCI:
(In millions)
Net unrealized gains (losses) on investment securitiesNet unrealized gains (losses) on derivatives and otherPension and post-retirementTotal
2025
Balance at December 31, 2024$(2,301)$(78)$(1)$(2,380)
Other comprehensive income before reclassifications, net of tax
203 6 — 209 
Amounts reclassified from AOCI, net of tax181 49 — 230 
Other comprehensive income384 55 — 439 
Balance at December 31, 2025$(1,917)$(23)$(1)$(1,941)
Income tax expense included in other comprehensive income
$125 $18 $— $143 
2024
Balance at December 31, 2023$(2,526)$(165)$(1)$(2,692)
Other comprehensive income (loss) before reclassifications, net of tax
31 (2)— 29 
Amounts reclassified from AOCI, net of tax194 89 — 283 
Other comprehensive income 225 87 — 312 
Balance at December 31, 2024$(2,301)$(78)$(1)$(2,380)
Income tax expense included in other comprehensive income
$74 $28 $— $102 
Schedule of Reclassification out of Accumulated Other Comprehensive Income
(In millions)
Amounts reclassified from AOCI
Affected line item
 on statement of income
AOCI components202520242023
Net unrealized losses on investment securities$(240)$(257)$(276)Securities gains (losses), net
Less: Income tax benefit(59)(63)(68)
$(181)$(194)$(208)
Net unrealized losses on derivative instruments
$(65)$(118)$(165)Interest and fees on loans; Interest on short- and long-term borrowings
Less: Income tax benefit(16)(29)(41)
$(49)$(89)$(124)