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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net income $ 1,944 $ 2,774 $ 2,693
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax (benefit) (184) (62) (162)
Amortization of other intangible assets 239 238 245
Other non-cash adjustments for depreciation, amortization and accretion, net 643 918 1,312
Losses (gains) related to investment securities, net 294 2 (57)
Provision for credit losses 46 20 (33)
Change in trading account assets, net (123) 108 57
Change in accrued interest and fees receivable, net (359) (156) (173)
Change in collateral deposits, net (2,246) 7,821 (7,662)
Change in unrealized losses (gains) on foreign exchange derivatives, net 2,146 (1,125) (3,448)
Change in other assets, net (1,839) 421 691
Change in accrued expenses and other liabilities, net (128) 557 (574)
Other, net 257 438 401
Net cash provided by (used in) operating activities 690 11,954 (6,710) Close
Investing Activities:      
Net decrease (increase) in interest-bearing deposits with banks 13,928 4,765 10,602
Net (increase) decrease in securities purchased under resale agreements (1,477) (2,203) 94
Proceeds from sales of available-for-sale securities 4,917 4,590 12,822
Proceeds from maturities of available-for-sale securities 15,703 17,254 23,484
Purchases of available-for-sale securities (23,089) (18,029) (53,750)
Proceeds from maturities of held-to-maturity securities under the MMLF program 0 0 3,299
Proceeds from maturities of held-to-maturity securities 9,474 9,817 15,586
Purchases of held-to-maturity securities (1,582) (8,564) (8,583)
Sale of loans 506 1,786 172
Net (increase) in loans (4,746) (1,667) (4,779)
Business acquisitions, net of cash acquired (61) 0 (346)
Divestitures 0 0 13
Purchases of equity investments and other long-term assets (136) (250) (216)
Purchases of premises and equipment, net (816) (734) (811)
Other, net 117 51 241
Net cash provided by (used in) investing activities 12,738 6,816 (2,172) Close
Financing Activities:      
Net increase (decrease) in time deposits 2,820 1,673 (363)
Net (decrease) increase in all other deposits (17,311) (21,244) 15,611
Net increase (decrease) in securities sold under repurchase agreements 690 (398) (1,838)
Net (decrease) increase in short-term borrowings under money market liquidity facility 0 0 (3,302)
Net increase (decrease) in other short-term borrowings 563 1,969 (557)
Net increase (decrease) in federal funds purchased 1,000 0 0
Proceeds from issuance of long-term debt, net of issuance costs 6,221 3,731 1,343
Payments for long-term debt and obligations under finance leases (2,545) (1,567) (1,443)
Payments for redemption of preferred stock 0 0 (500)
Proceeds from issuance of common stock, net of issuance costs 0 0 1,900
Repurchases of common stock (3,781) (1,500) (900)
Repurchases of common stock for employee tax withholding (95) (123) (39)
Payments for cash dividends (970) (972) (866)
Other, net 57 0 0
Net cash (used in) provided by financing activities (13,351) (18,431) 9,046 Close
Net increase 77 339 164
Cash and due from banks at beginning of period 3,970 3,631 3,467
Cash and due from banks at end of period 4,047 3,970 3,631
Supplemental disclosure:      
Interest paid 6,184 1,354 37
Income taxes paid, net $ 423 $ 436 $ 559