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Consolidated Statement of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Operating Activities:      
Net income $ 463,000,000 $ 549,000,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax 8,000,000 32,000,000  
Amortization of other intangible assets 60,000,000 60,000,000 $ 239,000,000
Other non-cash adjustments for depreciation, amortization and accretion, net 121,000,000 171,000,000  
Provision for credit losses 27,000,000 44,000,000  
Change in trading account assets, net 13,000,000 (45,000,000)  
Change in accrued interest and fees receivable, net (206,000,000) (136,000,000)  
Change in collateral deposits, net (575,000,000) (2,962,000,000)  
Change in unrealized (gains) losses on foreign exchange derivatives, net (4,251,000,000) (156,000,000)  
Change in other assets, net 1,176,000,000 282,000,000  
Change in accrued expenses and other liabilities, net 2,219,000,000 (796,000,000)  
Other, net 101,000,000 95,000,000  
Net cash provided by operating activities (844,000,000) (2,862,000,000)   Close
Investing Activities:      
Net (increase) decrease in interest-bearing deposits with banks (37,821,000,000) 13,630,000,000  
Net (increase) decrease in securities purchased under resale agreements (797,000,000) 4,082,000,000  
Proceeds from sales of available-for-sale securities 943,000,000 232,000,000  
Proceeds from maturities of available-for-sale securities 4,484,000,000 3,436,000,000  
Purchases of available-for-sale securities (9,857,000,000) (5,239,000,000)  
Proceeds from maturities of held-to-maturity securities 4,144,000,000 1,363,000,000  
Purchases of held-to-maturity securities (3,000,000) (1,557,000,000)  
Sale of loans 53,000,000 273,000,000  
Net (increase) in loans (2,248,000,000) (1,914,000,000)  
Business acquisitions, net of cash acquired (12,000,000) 0  
Purchases of equity investments and other long-term assets (31,000,000) 0  
Purchases of premises and equipment, net (230,000,000) (182,000,000)  
Other, net 23,000,000 188,000,000  
Net cash (used in) provided by investing activities (41,352,000,000) 14,312,000,000   Close
Financing Activities:      
Net (decrease) increase in time deposits (2,127,000,000) 728,000,000  
Net increase (decrease) in all other deposits 33,044,000,000 (12,560,000,000)  
Net increase in securities sold under repurchase agreements 1,709,000,000 2,518,000,000  
Net increase (decrease) in other short-term borrowings 7,881,000,000 (2,089,000,000)  
Proceeds from issuance of long-term debt, net of issuance costs 996,000,000 1,244,000,000  
Payments for long-term debt and obligations under finance leases (12,000,000) (11,000,000)  
Payments for redemption of preferred stock (1,000,000,000) 0  
Proceeds from issuance of preferred stock, net of issuance costs 1,481,000,000 0  
Repurchases of common stock (119,000,000) (1,250,000,000)  
Repurchases of common stock for employee tax withholding (42,000,000) (59,000,000)  
Payments for cash dividends (243,000,000) (243,000,000)  
Other, net (6,000,000) 0  
Net cash provided by (used in) financing activities 41,562,000,000 (11,722,000,000)   Close
Net decrease in cash and due from banks (634,000,000) (272,000,000)   Close
Cash and due from banks at beginning of period 4,047,000,000 3,970,000,000 3,970,000,000
Cash and due from banks at end of period 3,413,000,000 3,698,000,000 $ 4,047,000,000
Supplemental disclosure:      
Interest paid 1,989,000,000 1,212,000,000  
Income taxes paid, net $ 118,000,000 $ 75,000,000