Capital One Financial (COF) 10-Q 9 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 30, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-13300
Entity Registrant Name	CAPITAL ONE FINANCIAL CORP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	54-1719854
Entity Address, Address Line One	1680 Capital One Drive,
Entity Address, City or Town	McLean,
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22102
City Area Code	703
Local Phone Number	720-1000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		393,050,656
Entity Central Index Key	0000927628
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Common Stock (par value $.01 per share)
Entity Information [Line Items]
Title of 12(b) Security	Common Stock (par value $.01 per share)
Trading Symbol	COF
Security Exchange Name	NYSE
Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I
Trading Symbol	COF PRI
Security Exchange Name	NYSE
Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J
Trading Symbol	COF PRJ
Security Exchange Name	NYSE
Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K
Trading Symbol	COF PRK
Security Exchange Name	NYSE
Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series L
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series L
Trading Symbol	COF PRL
Security Exchange Name	NYSE
Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series N
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series N
Trading Symbol	COF PRN
Security Exchange Name	NYSE
0.800% Senior Notes Due 2024
Entity Information [Line Items]
Title of 12(b) Security	0.800% Senior Notes Due 2024
Trading Symbol	COF24
Security Exchange Name	NYSE
1.650% Senior Notes Due 2029
Entity Information [Line Items]
Title of 12(b) Security	1.650% Senior Notes Due 2029
Trading Symbol	COF29
Security Exchange Name	NYSE

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest income:
Loans, including loans held for sale	$ 6,367	$ 5,854
Investment securities	402	391
Other	15	16
Total interest income	6,784	6,261
Interest expense:
Deposits	218	269
Securitized debt obligations	29	32
Senior and subordinated notes	131	129
Other borrowings	9	9
Total interest expense	387	439
Net interest income	6,397	5,822
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	677	(823)
Net interest income after provision for credit losses	5,720	6,645
Non-interest income:
Interchange fees, net	1,033	817
Service charges and other customer-related fees	400	352
Other	343	122
Total non-interest income	1,776	1,291
Non-interest expense:
Salaries and associate benefits	2,026	1,847
Occupancy and equipment	513	472
Marketing	918	501
Professional services	397	292
Communications and data processing	339	302
Amortization of Intangible Assets	14	6
Other	344	320
Total non-interest expense	4,551	3,740
Income from continuing operations before income taxes	2,945	4,196
Income tax provision	542	869
Income from continuing operations, net of tax	2,403	3,327
Income (loss) from discontinued operations, net of tax	0	(2)
Net income	2,403	3,325
Dividends and undistributed earnings allocated to participating securities	(28)	(28)
Preferred stock dividends	(57)	(61)
Net income available to common stockholders	$ 2,318	$ 3,236
Basic earnings per common share:
Net income from continuing operations	$ 5.65	$ 7.06
Net income per basic common share	5.65	7.06
Diluted earnings per common share:
Net income from continuing operations	5.62	7.03
Net income per diluted common share	$ 5.62	$ 7.03

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net Income	$ 2,403	$ 3,325
Other comprehensive income (loss), net of tax:
Net unrealized losses on securities available for sale	(3,253)	(1,148)
Net unrealized losses on hedging relationships	(1,209)	(581)
Foreign currency translation adjustments	(5)	19
Other	0	(1)
Other comprehensive loss, net of tax	(4,467)	(1,711)
Comprehensive income (loss)	$ (2,064)	$ 1,614

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Cash and cash equivalents:
Cash and due from banks	$ 5,107	$ 4,164
Interest-bearing deposits and other short-term investments	21,697	17,582
Total cash and cash equivalents	26,804	21,746
Restricted cash for securitization investors	281	308
Securities available for sale (amortized cost of $93.0 billion and $94.9 billion and allowance for credit losses of $1 million as of both March 31, 2022 and December 31, 2021)	89,076	95,261
Loans held for investment:
Total loans held for investment	280,466	277,340
Allowance for credit losses	(11,308)	(11,430)
Net loans held for investment	269,158	265,910
Loans held for sale ($928 million and $1.0 billion carried at fair value as of March 31, 2022 and December 31, 2021, respectively)	1,155	5,888
Premises and equipment, net	4,238	4,210
Interest receivable	1,479	1,460
Goodwill	14,784	14,782
Other assets	27,220	22,816
Total assets	434,195	432,381
Liabilities:
Interest payable	261	281
Deposits [Abstract]
Non-interest-bearing deposits	37,781	38,043
Interest-bearing deposits	275,648	272,937
Total deposits	313,429	310,980
Securitized debt obligations	13,740	14,994
Other debt:
Federal funds purchased and securities loaned or sold under agreements to repurchase	594	820
Senior and subordinated notes	26,976	27,219
Other borrowings	4,048	53
Total other debt	31,618	28,092
Other liabilities	18,802	17,005
Total liabilities	377,850	371,352
Commitments, contingencies and guarantees (see Note 13)
Stockholders’ equity:
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; 4,975,000 shares issued and outstanding as of both March 31, 2022 and December 31, 2021)	0	0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 687,601,852 and 685,057,944 shares issued as of March 31, 2022 and December 31, 2021, respectively; 398,987,722 and 413,858,537 shares outstanding as of March 31, 2022 and December 31, 2021, respectively)	7	7
Additional paid-in capital, net	34,286	34,112
Retained earnings	53,099	51,006
Accumulated other comprehensive income (loss)	(4,093)	374
Treasury stock, at cost (par value $0.01 per share; 288,614,130 and 271,199,407 shares as of March 31, 2022 and December 31, 2021, respectively)	(26,954)	(24,470)
Total stockholders’ equity	56,345	61,029
Total liabilities and stockholders’ equity	434,195	432,381
Unsecuritized loans held for investment
Loans held for investment:
Total loans held for investment	257,505	252,468
Loans held in consolidated trusts
Loans held for investment:
Total loans held for investment	22,961	24,872
Total assets	24,851	26,458
Other debt:
Total liabilities	$ 14,317	$ 15,256

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Securities available for sale, amortized cost	$ 92,973	$ 94,871
Securities available for sale, allowance for credit loss	(1)	(1)
Loans Held-for-sale, Fair Value Disclosure	$ 928	$ 1,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	4,975,000	4,975,000
Preferred stock, shares outstanding	4,975,000	4,975,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	687,601,852	685,057,944
Common stock, shares outstanding	398,987,722	413,858,537
Treasury stock, par value (in dollars per share)	$ 0.01	$ 0.01
Treasury stock, shares	288,614,130	271,199,407

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Millions		Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Beginning balance (shares) at Dec. 31, 2020			4,975,000	679,932,837
Beginning balance at Dec. 31, 2020		$ 60,204	$ 0	$ 7	$ 33,480	$ 40,088	$ 3,494	$ (16,865)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		1,614				3,325	(1,711)
Dividends, common stock (shares)	[1]			13,356
Dividends, common stock	[1]	(184)		$ 0	1	(185)
Dividends, preferred stock		(61)				(61)
Purchases of treasury stock		(575)						(575)
Issuances of common stock and restricted stock, net of forfeitures (shares)				2,531,966
Issuances of common stock and restricted stock, net of forfeitures		60		$ 0	60
Exercises of stock options (shares)				283,398
Exercises of stock options		19		$ 0	19
Compensation expense for restricted stock units and stock options		111			111
Ending balance (shares) at Mar. 31, 2021			4,975,000	682,761,557
Ending balance at Mar. 31, 2021		61,188	$ 0	$ 7	33,671	43,167	1,783	(17,440)
Beginning balance (shares) at Dec. 31, 2021			4,975,000	685,057,944
Beginning balance at Dec. 31, 2021		61,029	$ 0	$ 7	34,112	51,006	374	(24,470)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)		(2,064)				2,403	(4,467)
Dividends, common stock (shares)	[1]			18,408
Dividends, common stock	[1]	(251)		$ 0	2	(253)
Dividends, preferred stock		(57)				(57)
Purchases of treasury stock		(2,484)						(2,484)
Issuances of common stock and restricted stock, net of forfeitures (shares)				2,517,691
Issuances of common stock and restricted stock, net of forfeitures		68		$ 0	68
Exercises of stock options (shares)				7,809
Exercises of stock options		1		$ 0	1
Compensation expense for restricted stock units and stock options		103			103
Ending balance (shares) at Mar. 31, 2022			4,975,000	687,601,852
Ending balance at Mar. 31, 2022		$ 56,345	$ 0	$ 7	$ 34,286	$ 53,099	$ (4,093)	$ (26,954)
[1]	We declared dividends per share on our common stock of $0.60 in the first quarter of 2022 and $0.40 in the first quarter of 2021.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividend per share on common stock declared (in dollars per share)	$ 0.60	$ 0.40

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating activities:
Income from continuing operations, net of tax	$ 2,403	$ 3,327
Income (loss) from discontinued operations, net of tax	0	(2)
Net income (loss)	2,403	3,325
Adjustments to reconcile net income (loss) to net cash from operating activities:
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	677	(823)
Depreciation and amortization, net	839	855
Deferred tax provision	187	345
Net securities losses (gains)	(1)	(4)
Gain on sales of loans	(186)	(5)
Stock-based compensation expense	107	119
Other (including (gains) and losses from equity investments)	16	66
Loans held for sale:
Originations and purchases	(1,923)	(1,914)
Proceeds from sales and paydowns	2,036	1,651
Changes in operating assets and liabilities:
Changes in interest receivable	(19)	91
Changes in other assets	(4,716)	(1,570)
Changes in interest payable	(20)	(64)
Changes in other liabilities	521	(435)
Net change from discontinued operations	0	(1)
Net cash from (used in) operating activities	(79)	1,636
Securities available for sale:
Purchases	(3,828)	(7,881)
Proceeds from paydowns and maturities	4,898	7,015
Proceeds from Sale of Debt Securities, Available-for-sale	470	595
Loans:
Net changes in loans originated as held for investment	104	7,055
Principal recoveries of loans previously charged off	554	614
Net purchases of premises and equipment	(230)	(178)
Net cash from other investing activities	(195)	52
Net cash from investing activities	1,773	7,272
Financing activities:
Changes in deposits	2,561	4,938
Issuance of securitized debt obligations	2,244	0
Maturities and paydowns of securitized debt obligations	(3,198)	(271)
Issuance of senior and subordinated notes and long-term FHLB advances	3,041	0
Maturities and paydowns of senior and subordinated notes and long-term FHLB advances	(2,357)	(1,500)
Changes in other borrowings	3,769	169
Common stock:
Net proceeds from issuances	68	60
Dividends paid	(251)	(184)
Preferred stock:
Dividends paid	(57)	(61)
Purchases of treasury stock	(2,484)	(575)
Proceeds from share-based payment activities	1	19
Net cash from financing activities	3,337	2,595
Changes in cash, cash equivalents and restricted cash for securitization investors	5,031	11,503
Cash, cash equivalents and restricted cash for securitization investors, beginning of the period	22,054	40,771
Cash, cash equivalents and restricted cash for securitization investors, end of the period	27,085	52,274
Non-cash items:
Net transfers from (to) loans held for investment to (from) loans held for sale	146	160
Interest paid	509	637
Income tax paid	$ 80	$ 111

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Company Capital One Financial Corporation, a Delaware corporation established in 1994 and headquartered in McLean, Virginia, is a diversified financial services holding company with banking and non-banking subsidiaries. Capital One Financial Corporation and its subsidiaries (the “Company” or “Capital One”) offer a broad array of financial products and services to consumers, small businesses and commercial clients through digital channels, branch locations, Cafés and other distribution channels. As of March 31, 2022, our principal subsidiaries included: • Capital One Bank (USA), National Association (“COBNA”), which offers credit card products along with other lending products and consumer services; and • Capital One, National Association (“CONA”), which offers a broad spectrum of banking products and financial services to consumers, small businesses and commercial clients. The Company is hereafter collectively referred to as “we,” “us” or “our.” COBNA and CONA are collectively referred to as the “Banks.” We also offer products outside of the United States of America (“U.S.”) principally through Capital One (Europe) plc (“COEP”), an indirect subsidiary of COBNA organized and located in the United Kingdom (“U.K.”), and through a branch of COBNA in Canada. COEP has authority, among other things, to provide credit card loans. Our branch of COBNA in Canada also has the authority to provide credit card loans. Our principal operations are organized for management reporting purposes into three major business segments, which are defined primarily based on the products and services provided or the types of customer served: Credit Card, Consumer Banking and Commercial Banking. We provide details on our business segments, the integration of recent acquisitions, if any, into our business segments and the allocation methodologies and accounting policies used to derive our business segment results in “Note 12—Business Segments and Revenue from Contracts with Customers.” Basis of Presentation and Use of Estimates The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the U.S. (“U.S. GAAP”). The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and in the related disclosures. These estimates are based on information available as of the date of the consolidated financial statements. While management makes its best judgments, actual amounts or results could differ from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information. These unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements, and related notes thereto, included in Capital One Financial Corporation’s 2021 Annual Report on Form 10-K (“2021 Form 10-K”). Newly Adopted Accounting Standards During the Three Months Ended March 31, 2022 There were no relevant new accounting standards adopted as of March 31, 2022.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	NOTE 2—INVESTMENT SECURITIES Our investment securities portfolio consists of the following: U.S. government-sponsored enterprise or agency (“Agency”) and non-agency residential mortgage-backed securities (“RMBS”), Agency commercial mortgage-backed securities (“CMBS”), U.S. Treasury securities and other securities. Agency securities include Government National Mortgage Association (“Ginnie Mae”) guaranteed securities, Federal National Mortgage Association (“Fannie Mae”) and Federal Home Loan Mortgage Corporation (“Freddie Mac”) issued securities. The carrying value of our investments in Agency and U.S. Treasury securities represented 96% of our total investment securities portfolio as of both March 31, 2022 and December 31, 2021. The table below presents the amortized cost, allowance for credit losses, gross unrealized gains and losses, and fair value aggregated by major security type as of March 31, 2022 and December 31, 2021. Accrued interest receivable of $219 million and $207 million as of March 31, 2022 and December 31, 2021, respectively, is not included in the table below. Table 2.1: Investment Securities Available for Sale March 31, 2022 (Dollars in millions) Amortized Allowance Gross Gross Fair Investment securities available for sale: U.S. Treasury securities $ 9,521 $ 0 $ 5 $ (29) $ 9,497 RMBS: Agency 71,292 0 231 (3,999) 67,524 Non-agency 728 (1) 175 (1) 901 Total RMBS 72,020 (1) 406 (4,000) 68,425 Agency CMBS 8,634 0 35 (304) 8,365 Other securities (1) 2,798 0 3 (12) 2,789 Total investment securities available for sale $ 92,973 $ (1) $ 449 $ (4,345) $ 89,076 December 31, 2021 (Dollars in millions) Amortized Allowance Gross Gross Fair Investment securities available for sale: U.S. Treasury securities $ 9,419 $ 0 $ 23 $ 0 $ 9,442 RMBS: Agency 72,593 0 958 (931) 72,620 Non-agency 792 (1) 205 0 996 Total RMBS 73,385 (1) 1,163 (931) 73,616 Agency CMBS 9,237 0 195 (63) 9,369 Other securities (1) 2,830 0 6 (2) 2,834 Total investment securities available for sale $ 94,871 $ (1) $ 1,387 $ (996) $ 95,261 __________ (1) Includes $2.0 billion of asset-backed securities (“ABS”) as of both March 31, 2022 and December 31, 2021. The remaining amount is primarily comprised of supranational bonds and foreign government bonds. Investment Securities in a Gross Unrealized Loss Position The table below provides the gross unrealized losses and fair value of our securities available for sale aggregated by major security type and the length of time that individual securities have been in a continuous unrealized loss position as of March 31, 2022 and December 31, 2021. The amounts include securities available for sale without an allowance for credit losses. Table 2.2: Securities in a Gross Unrealized Loss Position March 31, 2022 Less than 12 Months 12 Months or Longer Total (Dollars in millions) Fair Value Gross Fair Value Gross Fair Value Gross Investment securities available for sale without an allowance for credit losses: U.S. Treasury securities $ 3,960 $ (29) $ 0 $ 0 $ 3,960 $ (29) RMBS: Agency 40,778 (2,263) 17,358 (1,736) 58,136 (3,999) Non-agency 14 0 0 0 14 0 Total RMBS 40,792 (2,263) 17,358 (1,736) 58,150 (3,999) Agency CMBS 5,106 (204) 1,173 (100) 6,279 (304) Other securities (1) 1,524 (12) 0 0 1,524 (12) Total investment securities available for sale in a gross unrealized loss position without an allowance for credit losses (2) $ 51,382 $ (2,508) $ 18,531 $ (1,836) $ 69,913 $ (4,344) December 31, 2021 Less than 12 Months 12 Months or Longer Total (Dollars in millions) Fair Value Gross Fair Value Gross Fair Value Gross Investment securities available for sale without an allowance for credit losses: RMBS: Agency $ 37,492 $ (632) $ 8,606 $ (299) $ 46,098 $ (931) Non-agency 3 0 1 0 4 0 Total RMBS 37,495 (632) 8,607 (299) 46,102 (931) Agency CMBS 2,999 (36) 803 (27) 3,802 (63) Other securities (1) 1,207 (2) 0 0 1,207 (2) Total investment securities available for sale in a gross unrealized loss position without an allowance for credit losses (2) $ 41,701 $ (670) $ 9,410 $ (326) $ 51,111 $ (996) __________ (1) Includes primarily ABS, foreign government bonds, and supranational bonds. (2) Consists of approxima tely 1790 and 740 se cur ities in gross unrealized loss positions as of March 31, 2022 and December 31, 2021, respectively. Maturities and Yields of Investment Securities The table below summarizes, as of March 31, 2022, the fair value of our investment securities by major security type and contractual maturity as well as the total fair value, amortized cost and weighted-average yields of our investment securities by contractual maturity. Because borrowers may have the right to call or prepay certain obligations, the expected maturities of our securities are likely to differ from the scheduled contractual maturities presented below. The weighted-average yield below represents the effective yield for the investment securities and is calculated based on the amortized cost of each security. Table 2.3: Contractual Maturities and Weighted-Average Yields of Securities March 31, 2022 (Dollars in millions) Due in Due > 1 Year Due > 5 Years Due > 10 Years Total Fair value of securities available for sale: U.S. Treasury securities $ 5,338 $ 4,159 $ 0 $ 0 $ 9,497 RMBS (1) : Agency 0 124 1,070 66,330 67,524 Non-agency 0 0 0 901 901 Total RMBS 0 124 1,070 67,231 68,425 Agency CMBS (1) 506 2,117 3,860 1,882 8,365 Other securities 291 2,195 303 0 2,789 Total securities available for sale $ 6,135 $ 8,595 $ 5,233 $ 69,113 $ 89,076 Amortized cost of securities available for sale $ 6,130 $ 8,694 $ 5,401 $ 72,748 $ 92,973 Weighted-average yield for securities available for sale 0.39 % 0.89 % 1.91 % 1.96 % 1.75 % __________ (1) As of March 31, 2022, the weighted-average expected maturities of RMBS and Agency CMBS were 6.5 years and 5.4 years years, respectively. Net Securities Gains or Losses and Proceeds from Sales Total proceeds from sales of our securities were $470 million and $595 million for the three months ended March 31, 2022 and 2021, respectively. We recognized losses of less than $1 million and gains of $4 million from the sales for the three months ended March 31, 2022 and 2021, respectively. Securities Pledged and Received We pledged investment securities totaling $20.3 billion and $20.8 billion as of March 31, 2022 and December 31, 2021, respectively. These securities are primarily pledged to secure Public Funds deposits and FHLB advances, as well as for other purposes as required or permitted by law. We accepted pledges of securities with a fair value of approximately $15 million and $1 million as of March 31, 2022 and December 31, 2021, respectively, related to our derivative transactions.

Loans

Loans	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans	NOTE 3—LOANS Our loan portfolio consists of loans held for investment, including loans held in our consolidated trusts, and loans held for sale. We further divide our loans held for investment into three portfolio segments: credit card, consumer banking and commercial banking. Credit card loans consist of domestic and international credit card loans. Consumer banking loans consist of auto and retail banking loans. Commercial banking loans consist of commercial and multifamily real estate as well as commercial and industrial loans. The information presented in this section excludes loans held for sale, which are carried at either fair value (if we elect the fair value option) or at the lower of cost or fair value. Accrued interest receivable of $1.3 billion and $1.2 billion as of March 31, 2022 and December 31, 2021, respectively, is not included in the tables in this note. The table below presents the composition and aging analysis of our loans held for investment portfolio as of March 31, 2022 and December 31, 2021. The delinquency aging includes all past due loans, both performing and nonperforming. Table 3.1: Loan Portfolio Composition and Aging Analysis March 31, 2022 Delinquent Loans (Dollars in millions) Current 30-59 60-89 > 90 Days Total Total Credit Card: Domestic credit card $ 105,484 $ 754 $ 558 $ 1,191 $ 2,503 $ 107,987 International card businesses 5,756 75 50 94 219 5,975 Total credit card 111,240 829 608 1,285 2,722 113,962 Consumer Banking: Auto 75,319 2,268 812 205 3,285 78,604 Retail banking 1,692 9 5 20 34 1,726 Total consumer banking 77,011 2,277 817 225 3,319 80,330 Commercial Banking: Commercial and multifamily real estate 34,272 31 9 42 82 34,354 Commercial and industrial 51,746 15 8 51 74 51,820 Total commercial banking 86,018 46 17 93 156 86,174 Total loans (1) $ 274,269 $ 3,152 $ 1,442 $ 1,603 $ 6,197 $ 280,466 % of Total loans 97.79 % 1.13 % 0.51 % 0.57 % 2.21 % 100.00 % December 31, 2021 Delinquent Loans (Dollars in millions) Current 30-59 60-89 > 90 Days Total Total Credit Card: Domestic credit card $ 106,312 $ 773 $ 528 $ 1,110 $ 2,411 $ 108,723 International card businesses 5,836 77 50 86 213 6,049 Total credit card 112,148 850 578 1,196 2,624 114,772 Consumer Banking: Auto 72,221 2,385 933 240 3,558 75,779 Retail banking 1,807 35 7 18 60 1,867 Total consumer banking 74,028 2,420 940 258 3,618 77,646 Commercial Banking: Commercial and multifamily real estate 35,100 92 35 35 162 35,262 Commercial and industrial 49,379 139 103 39 281 49,660 Total commercial banking 84,479 231 138 74 443 84,922 Total loans (1) $ 270,655 $ 3,501 $ 1,656 $ 1,528 $ 6,685 $ 277,340 % of Total loans 97.59 % 1.26 % 0.60 % 0.55 % 2.41 % 100.00 % __________ (1) Loans include unamortized premiums and discounts, and unamortized deferred fees and costs totaling $1.4 billion as of both March 31, 2022 and December 31, 2021. The following table presents our loans held for investment that are 90 days or more past due that continue to accrue interest, loans that are classified as nonperforming and loans that are classified as nonperforming without an allowance as of March 31, 2022 and December 31, 2021. Nonperforming loans generally include loans that have been placed on nonaccrual status. Table 3.2: 90+ Day Delinquent Loans Accruing Interest and Nonperforming Loans March 31, 2022 December 31, 2021 (Dollars in millions) > 90 Days and Accruing Nonperforming Loans (1) Nonperforming > 90 Days and Accruing Nonperforming Loans (1) Nonperforming Credit Card: Domestic credit card $ 1,191 N/A $ 0 $ 1,110 N/A $ 0 International card businesses 91 $ 8 0 82 $ 10 0 Total credit card 1,282 8 0 1,192 10 0 Consumer Banking: Auto 0 325 0 0 344 0 Retail banking 0 45 0 0 47 4 Total consumer banking 0 370 0 0 391 4 Commercial Banking: Commercial and multifamily real estate 12 335 221 3 383 268 Commercial and industrial 0 360 235 0 316 257 Total commercial banking 12 695 456 3 699 525 Total $ 1,294 $ 1,073 $ 456 $ 1,195 $ 1,100 $ 529 % of Total loans held for investment 0.46 % 0.38 % 0.16 % 0.43 % 0.40 % 0.19 % __________ (1) We recognized interest income for loans classified as nonperforming of $1 million as of both March 31, 2022 and 2021. Credit Quality Indicators We closely monitor economic conditions and loan performance trends to assess and manage our exposure to credit risk. We discuss these risks and our credit quality indicator for each portfolio segment below. Credit Card Our credit card loan portfolio is highly diversified across millions of accounts and numerous geographies without significant individual exposure. We therefore generally manage credit risk based on portfolios with common risk characteristics. The risk in our credit card loan portfolio correlates to broad economic trends, such as unemployment rates and and the U.S. Real Gross Domestic Product (“GDP”) Rate, as well as consumers’ financial condition, all of which can have a material effect on credit performance. The key indicator we assess in monitoring the credit quality and risk of our credit card loan portfolio is delinquency trends, including an analysis of loan migration between delinquency categories over time. The table below presents our credit card portfolio by delinquency status as of March 31, 2022 and December 31, 2021. Table 3.3: Credit Card Delinquency Status March 31, 2022 December 31, 2021 (Dollars in millions) Revolving Loans Revolving Loans Converted to Term Total Revolving Loans Revolving Loans Converted to Term Total Credit Card: Domestic credit card: Current $ 105,190 $ 294 $ 105,484 $ 105,985 $ 327 $ 106,312 30-59 days 742 12 754 760 13 773 60-89 days 550 8 558 519 9 528 Greater than 90 days 1,181 10 1,191 1,100 10 1,110 Total domestic credit card 107,663 324 107,987 108,364 359 108,723 International card businesses: Current 5,718 38 5,756 5,795 41 5,836 30-59 days 71 4 75 73 4 77 60-89 days 47 3 50 47 3 50 Greater than 90 days 90 4 94 82 4 86 Total international card businesses 5,926 49 5,975 5,997 52 6,049 Total credit card $ 113,589 $ 373 $ 113,962 $ 114,361 $ 411 $ 114,772 Consumer Banking Our consumer banking loan portfolio consists of auto and retail banking loans. Similar to our credit card loan portfolio, the risk in our consumer banking loan portfolio correlates to broad economic trends as well as consumers’ financial condition, all of which can have a material effect on credit performance. The key indicator we monitor when assessing the credit quality and risk of our auto loan portfolio is borrower credit scores as they measure the creditworthiness of borrowers. Delinquency trends are the key indicator we assess in monitoring the credit quality and risk of our retail banking loan portfolio. The table below presents our consumer banking portfolio of loans held for investment by credit quality indicator as of March 31, 2022 and December 31, 2021. We present our auto loan portfolio by FICO scores at origination and our retail banking loan portfolio by delinquency status, which includes all past due loans, both performing and nonperforming. Table 3.4: Consumer Banking Portfolio by Credit Quality Indicator March 31, 2022 Term Loans by Vintage Year (Dollars in millions) 2022 2021 2020 2019 2018 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Auto — At origination FICO scores: (1) Greater than 660 $ 6,942 $ 18,859 $ 7,644 $ 4,089 $ 1,978 $ 1,052 $ 40,564 $ 0 $ 0 $ 40,564 621-660 2,124 6,797 3,276 1,820 909 520 15,446 0 0 15,446 620 or below 2,489 8,707 5,596 3,272 1,559 971 22,594 0 0 22,594 Total auto 11,555 34,363 16,516 9,181 4,446 2,543 78,604 0 0 78,604 Retail banking—Delinquency status: Current 111 195 114 161 155 614 1,350 336 6 1,692 30-59 days 0 0 1 0 0 1 2 7 0 9 60-89 days 0 1 2 0 0 0 3 2 0 5 Greater than 90 days 0 0 0 0 3 12 15 3 2 20 Total retail banking (2) 111 196 117 161 158 627 1,370 348 8 1,726 Total consumer banking $ 11,666 $ 34,559 $ 16,633 $ 9,342 $ 4,604 $ 3,170 $ 79,974 $ 348 $ 8 $ 80,330 December 31, 2021 Term Loans by Vintage Year (Dollars in millions) 2021 2020 2019 2018 2017 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Auto — At origination FICO scores: (1) Greater than 660 $ 20,758 $ 8,630 $ 4,739 $ 2,394 $ 1,153 $ 301 $ 37,975 $ 0 $ 0 $ 37,975 621-660 7,456 3,721 2,109 1,084 537 157 15,064 0 0 15,064 620 or below 9,522 6,336 3,767 1,840 949 326 22,740 0 0 22,740 Total auto 37,736 18,687 10,615 5,318 2,639 784 75,779 0 0 75,779 Retail banking—Delinquency status: Current 285 171 172 161 176 491 1,456 345 6 1,807 30-59 days 0 2 2 7 0 1 12 23 0 35 60-89 days 0 4 0 0 0 2 6 1 0 7 Greater than 90 days 0 1 0 1 1 9 12 4 2 18 Total retail banking (2) 285 178 174 169 177 503 1,486 373 8 1,867 Total consumer banking $ 38,021 $ 18,865 $ 10,789 $ 5,487 $ 2,816 $ 1,287 $ 77,265 $ 373 $ 8 $ 77,646 __________ (1) Amounts represent period-end loans held for investment in each credit score category. Auto credit scores generally represent average FICO scores obtained from three credit bureaus at the time of application and are not refreshed thereafter. Balances for which no credit score is available or the credit score is invalid are included in the 620 or below category. (2) Includes PPP loans of $112 million and $232 million as of March 31, 2022 and December 31, 2021, respectively . Commercial Banking The key credit quality indicator for our commercial loan portfolios is our internal risk ratings. We assign internal risk ratings to loans based on relevant information about the ability of the borrowers to repay their debt. In determining the risk rating of a particular loan, some of the factors considered are the borrower’s current financial condition, historical and projected future credit performance, prospects for support from financially responsible guarantors, the estimated realizable value of any collateral and current economic trends. The scale based on our internal risk rating system is as follows: • Noncriticized: Loans that have not been designated as criticized, frequently referred to as “pass” loans. • Criticized performing: Loans in which the financial condition of the obligor is stressed, affecting earnings, cash flows or collateral values. The borrower currently has adequate capacity to meet near-term obligations; however, the stress, left unabated, may result in deterioration of the repayment prospects at some future date. • Criticized nonperforming: Loans that are not adequately protected by the current net worth and paying capacity of the obligor or the collateral pledged, if any. Loans classified as criticized nonperforming have a well-defined weakness, or weaknesses, which jeopardize the full repayment of the debt. These loans are characterized by the distinct possibility that we will sustain a credit loss if the deficiencies are not corrected and are generally placed on nonaccrual status. We use our internal risk rating system for regulatory reporting, determining the frequency of credit exposure reviews, and evaluating and determining the allowance for credit losses for commercial loans. Generally, loans that are designated as criticized performing and criticized nonperforming are reviewed quarterly by management to determine if they are appropriately classified/rated and whether any impairment exists. Noncriticized loans are also generally reviewed, at least annually, to determine the appropriate risk rating. In addition, we evaluate the risk rating during the renewal process of any loan or if a loan becomes past due. The following table presents our commercial banking portfolio of loans held for investment by internal risk ratings as of March 31, 2022 and December 31, 2021. The internal risk rating status includes all past due loans, both performing and nonperforming. Table 3.5: Commercial Banking Portfolio by Internal Risk Ratings March 31, 2022 Term Loans by Vintage Year (Dollars in millions) 2022 2021 2020 2019 2018 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Internal risk rating: (1) Commercial and multifamily real estate Noncriticized $ 2,602 $ 5,454 $ 1,955 $ 2,922 $ 2,222 $ 4,061 $ 19,216 $ 11,831 $ 120 $ 31,167 Criticized performing 262 108 286 423 230 1,483 2,792 60 0 2,852 Criticized nonperforming 0 0 0 87 19 229 335 0 0 335 Total commercial and multifamily real estate 2,864 5,562 2,241 3,432 2,471 5,773 22,343 11,891 120 34,354 Commercial and industrial Noncriticized 6,318 9,704 6,415 4,586 2,527 4,269 33,819 15,419 181 49,419 Criticized performing 356 220 149 508 184 160 1,577 464 0 2,041 Criticized nonperforming 16 19 51 148 54 41 329 31 0 360 Total commercial and industrial 6,690 9,943 6,615 5,242 2,765 4,470 35,725 15,914 181 51,820 Total commercial banking (2) $ 9,554 $ 15,505 $ 8,856 $ 8,674 $ 5,236 $ 10,243 $ 58,068 $ 27,805 $ 301 $ 86,174 December 31, 2021 Term Loans by Vintage Year (Dollars in millions) 2021 2020 2019 2018 2017 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Internal risk rating: (1) Commercial and multifamily real estate Noncriticized $ 6,590 $ 2,924 $ 3,393 $ 2,401 $ 793 $ 3,538 $ 19,639 $ 12,286 $ 0 $ 31,925 Criticized performing 248 195 329 317 261 1,478 2,828 101 25 2,954 Criticized nonperforming 0 0 88 20 9 266 383 0 0 383 Total commercial and multifamily real estate 6,838 3,119 3,810 2,738 1,063 5,282 22,850 12,387 25 35,262 Commercial and industrial Noncriticized 12,662 7,039 5,506 2,750 1,730 3,033 32,720 14,310 59 47,089 Criticized performing 279 188 838 207 120 167 1,799 456 0 2,255 Criticized nonperforming 32 52 85 93 6 10 278 38 0 316 Total commercial and industrial 12,973 7,279 6,429 3,050 1,856 3,210 34,797 14,804 59 49,660 Total commercial banking (2) $ 19,811 $ 10,398 $ 10,239 $ 5,788 $ 2,919 $ 8,492 $ 57,647 $ 27,191 $ 84 $ 84,922 __________ (1) Criticized exposures correspond to the “Special Mention,” “Substandard” and “Doubtful” asset categories defined by bank regulatory authorities. (2) Includes PPP loans of $53 million and $102 million as of March 31, 2022 and December 31, 2021, respectively. Troubled Debt Restructurings As part of our loss mitigation efforts, we may provide short-term (one to twelve months) or long-term (greater than twelve months) modifications to a borrower experiencing financial difficulty to improve long-term collectability of the loan and to avoid the need for repossession or foreclosure of collateral. We consider the impact of all loan modifications, whether or not that modification is classified as a TDR, when estimating the credit quality of our loan portfolio and establishing allowance levels. For our Commercial Banking customers, loan modifications are also considered in the assignment of an internal risk rating. Additional guidance issued by the Federal Banking Agencies and contained in the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) provided banking organizations with TDR relief for loan modifications to certain qualifying borrowers impacted by the COVID-19 pandemic. The guidance in the CARES Act expired on January 1, 2022 at which time we also concurrently ceased applying the additional guidance issued by the Federal Banking Agencies. Total recorded TDRs were $1.9 billion and $1.6 billion as of March 31, 2022 and December 31, 2021, respectively. TDRs classified as performing in our credit card and consumer banking loan portfolios totaled $1.2 billion and $1.1 billion as of March 31, 2022 and December 31, 2021, respectively. TDRs classified as performing in our commercial banking loan portfolio totaled $299 million and $192 million as of March 31, 2022 and December 31, 2021, respectively. Commitments to lend additional funds on loans modified in a TDR totaled $156 million and $168 million as of March 31, 2022 and December 31, 2021, respectively. The following tables present the major modification types, amortized cost amounts and financial effects of loans modified in a TDR during the three months ended March 31, 2022 and 2021. Table 3.6: Troubled Debt Restructurings Three Months Ended March 31, 2022 Reduced Interest Rate Term Extension (Dollars in millions) Total Loans Modified (1) % of TDR Activity (2) Average Rate Reduction % of TDR Activity (2) Average Term Extension (Months) Credit Card: Domestic credit card $ 62 100 % 14.67 % 0 % 0 International card businesses 34 100 28.00 0 0 Total credit card 96 100 19.40 0 0 Consumer Banking: Auto 239 55 8.80 97 4 Retail banking 1 0 0.00 100 6 Total consumer banking 240 55 8.80 97 4 Commercial Banking: Commercial and multifamily real estate 131 7 0.59 62 12 Commercial and industrial 38 0 0.00 86 10 Total commercial banking 169 6 0.59 68 11 Total $ 505 47 17.98 69 7 Three Months Ended March 31, 2021 Reduced Interest Rate Term Extension (Dollars in millions) Total Loans Modified (1) % of TDR Activity (2) Average Rate Reduction % of TDR Activity (2) Average Term Extension (Months) Credit Card: Domestic credit card $ 44 100 % 16.12 % 0 % 0 International card businesses 39 100 27.74 0 0 Total credit card 83 100 21.58 0 0 Consumer Banking: Auto 115 35 9.02 95 3 Total consumer banking 115 35 9.02 95 3 Commercial Banking: Commercial and multifamily real estate 20 0 0.00 100 14 Commercial and industrial 44 0 0.00 25 2 Total commercial banking 64 0 0.00 48 10 Total $ 262 47 33.62 54 5 __________ (1) Represents the amortized cost of total loans modified in TDR at the end of the period in which they were modified. As not every modification type is included in the table above, the total percentage of TDR activity may not add up to 100%. Some loans may receive more than one type of modification. (2) Due to multiple modification types granted to some troubled borrowers, percentages may total more than 100% for certain loan types. Subsequent Defaults of Completed TDR Modifications The following table presents the type, number and amortized cost of loans modified in a TDR that experienced a default during the period and had completed a modification event in the twelve months prior to the default. A default occurs if the loan is either 90 days or more delinquent, has been charged off as of the end of the period presented or has been reclassified from accrual to nonaccrual status. Table 3.7: TDR—Subsequent Defaults Three Months Ended March 31, 2022 2021 (Dollars in millions) Number of Contracts Amount Number of Contracts Amount Credit Card: Domestic credit card 6,012 $ 11 5,134 $ 10 International card businesses 16,507 19 17,202 28 Total credit card 22,519 30 22,336 38 Consumer Banking: Auto 1,971 33 2,031 29 Retail banking 0 0 5 0 Total consumer banking 1,971 33 2,036 29 Commercial Banking: Commercial and industrial 1 31 0 0 Total commercial banking 1 31 0 0 Total 24,491 $ 94 24,372 $ 67 Loans Pledged In addition to our investment securities, we pledged loan collateral of $10.3 billion as of both March 31, 2022 and December 31, 2021 to secure our FHLB borrowing capacity of $18.6 billion and $19.7 billion as of March 31, 2022 and December 31, 2021, respectively. We also pledged loan collateral of $32.6 billion and $26.5 billion to secure our Federal Reserve Discount Window borrowing capacity of $22.9 billion and $19.6 billion as of March 31, 2022 and December 31, 2021, respectively. In addition to loans pledged, we have securitized a portion of our credit card and auto loan portfolios. See “Note 5—Variable Interest Entities and Securitizations” for additional information. Revolving Loans Converted to Term Loans For the three months ended March 31, 2022 and 2021, we converted $291 million and $97 million of revolving loans to term loans, respectively, primarily in our domestic credit card and commercial banking loan portfolios.

Allowance for Credit Losses and

Allowance for Credit Losses and Reserve for Unfunded Lending Commitments	3 Months Ended
	Mar. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance for Credit Losses and Reserve for Unfunded Lending Commitment	NOTE 4—ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR UNFUNDED LENDING COMMITMENTS Our allowance for credit losses represents management’s current estimate of expected credit losses over the contractual terms of our loans held for investment as of each balance sheet date. Expected recoveries of amounts previously charged off or expected to be charged off are recognized within the allowance. Significant judgment is applied in our estimation of lifetime credit losses. When developing an estimate of expected credit losses, we use both quantitative and qualitative methods in considering all available information relevant to assessing collectability. This may include internal information, external information or a combination of both relating to past events, current conditions, and reasonable and supportable forecasts. Management will consider and may qualitatively adjust for conditions, changes and trends in loan portfolios that may not be captured in modeled results. These adjustments are referred to as qualitative factors and represent management’s judgment of the imprecision and risks inherent in the processes and assumptions used in establishing the allowance for credit losses. We have unfunded lending commitments in our Commercial Banking business that are not unconditionally cancellable by us and for which we estimate expected credit losses in establishing a reserve. This reserve is measured using the same measurement objectives as the allowance for loans held for investment. We build or release the reserve for unfunded lending commitments through the provision for credit losses in our consolidated statements of income, and the related reserve for unfunded lending commitments is included in other liabilities on our consolidated balance sheets. See “Note 1—Summary of Significant Accounting Policies” in our 2021 Form 10-K for further discussion of the methodology and policy for determining our allowance for credit losses for each of our loan portfolio segments, as well as information on our reserve for unfunded lending commitments. Allowance for Credit Losses and Reserve for Unfunded Lending Commitments Activity The table below summarizes changes in the allowance for credit losses and reserve for unfunded lending commitments by portfolio segment for the three months ended March 31, 2022 and 2021. Our allowance for credit losses was substantially flat at $11.3 billion as of March 31, 2022 compared to $11.4 billion as of December 31, 2021. Table 4.1: Allowance for Credit Losses and Reserve for Unfunded Lending Commitments Activity Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Allowance for credit losses: Balance as of December 31, 2021 $ 8,345 $ 1,918 $ 1,167 $ 11,430 Charge-offs (955) (349) (17) (1,321) Recoveries (1) 348 203 3 554 Net charge-offs (607) (146) (14) (767) Provision (benefit) for credit losses 545 130 (27) 648 Allowance build (release) for credit losses (62) (16) (41) (119) Other changes (2) (3) 0 0 (3) Balance as of March 31, 2022 8,280 1,902 1,126 11,308 Reserve for unfunded lending commitments: Balance as of December 31, 2021 0 0 165 165 Provision for losses on unfunded lending commitments 0 0 35 35 Balance as of March 31, 2022 0 0 200 200 Combined allowance and reserve as of March 31, 2022 $ 8,280 $ 1,902 $ 1,326 $ 11,508 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Allowance for credit losses: Balance as of December 31, 2020 $ 11,191 $ 2,715 $ 1,658 $ 15,564 Charge-offs (993) (342) (19) (1,354) Recoveries (1) 360 251 3 614 Net charge-offs (633) (91) (16) (740) Provision (benefit) for credit losses (492) (126) (195) (813) Allowance build (release) for credit losses (1,125) (217) (211) (1,553) Other changes (2) 6 0 0 6 Balance as of March 31, 2021 10,072 2,498 1,447 14,017 Reserve for unfunded lending commitments: Balance as of December 31, 2020 0 0 195 195 Provision (benefit) for losses on unfunded lending commitments 0 0 (8) (8) Balance as of March 31, 2021 0 0 187 187 Combined allowance and reserve as of March 31, 2021 $ 10,072 $ 2,498 $ 1,634 $ 14,204 __________ (1) The amount and timing of recoveries are impacted by our collection strategies, which are based on customer behavior and risk profile and include direct customer communications, repossession of collateral, the periodic sale of charged off loans as well as additional strategies, such as litigation. (2) Represents foreign currency translation adjustments. Credit Card Partnership Loss Sharing Arrangements We have certain credit card partnership agreements that are presented within our consolidated financial statements on a net basis, in which our partner agrees to share a portion of the credit losses on the underlying loan portfolio. The expected reimbursements from these partners are netted against our allowance for credit losses. Our methodology for estimating reimbursements is consistent with the methodology we use to estimate the allowance for credit losses on our credit card loan receivables. These expected reimbursements result in reductions to net charge-offs and the provision for credit losses. See “Note 1—Summary of Significant Accounting Policies” in our 2021 Form 10-K for further discussion of our credit card partnership agreements. The table below summarizes the changes in the estimated reimbursements from these partners for the three months ended March 31, 2022 and 2021. Table 4.2: Summary of Credit Card Partnership Loss Sharing Arrangements Impacts Three Months Ended March 31, (Dollars in millions) 2022 2021 Estimated reimbursements from partners, beginning of period $ 1,450 $ 2,159 Amounts due from partners which reduced net charge-offs (107) (141) Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses 23 (13) Estimated reimbursements from partners, end of period $ 1,366 $ 2,005

Variable Interest Entities and

Variable Interest Entities and Securitizations	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities and Securitization [Abstract]
Variable Interest Entities and Securitizations	NOTE 5—VARIABLE INTEREST ENTITIES AND SECURITIZATIONS In the normal course of business, we enter into various types of transactions with entities that are considered to be variable interest entities (“VIEs”). Our primary involvement with VIEs is related to our securitization transactions in which we transfer assets to securitization trusts. We primarily securitize credit card and auto loans, which has provided a source of funding for us and enabled us to transfer a certain portion of the economic risk of the loans or related debt securities to third parties. The entity that has a controlling financial interest in a VIE is referred to as the primary beneficiary and is required to consolidate the VIE. The majority of the VIEs in which we are involved have been consolidated in our financial statements. Summary of Consolidated and Unconsolidated VIEs The assets of our consolidated VIEs primarily consist of cash, loan receivables and the related allowance for credit losses, which we report on our consolidated balance sheets under restricted cash for securitization investors, loans held in consolidated trusts and allowance for credit losses, respectively. The assets of a particular VIE are the primary source of funds to settle its obligations. Creditors of these VIEs typically do not have recourse to our general credit. Liabilities primarily consist of debt securities issued by the VIEs, which we report under securitized debt obligations on our consolidated balance sheets. For unconsolidated VIEs, we present the carrying amount of assets and liabilities reflected on our consolidated balance sheets and our maximum exposure to loss. Our maximum exposure to loss is estimated based on the unlikely event that all of the assets in the VIEs become worthless and we are required to meet the maximum amount of any remaining funding obligations. The tables below present a summary of VIEs in which we had continuing involvement or held a significant variable interest, aggregated based on VIEs with similar characteristics as of March 31, 2022 and December 31, 2021. We separately present information for consolidated and unconsolidated VIEs. Table 5.1: Carrying Amount of Consolidated and Unconsolidated VIEs March 31, 2022 Consolidated Unconsolidated (Dollars in millions) Carrying Amount of Assets Carrying Amount of Liabilities Carrying Amount of Assets Carrying Amount of Liabilities Maximum Exposure to Loss Securitization-Related VIEs: (1) Credit card loan securitizations (2) $ 20,127 $ 12,348 $ 0 $ 0 $ 0 Auto loan securitizations 2,229 1,890 0 0 0 Total securitization-related VIEs 22,356 14,238 0 0 0 Other VIEs: (3) Affordable housing entities 297 53 4,703 1,439 4,703 Entities that provide capital to low-income and rural communities 2,198 26 0 0 0 Other 0 0 367 0 367 Total other VIEs 2,495 79 5,070 1,439 5,070 Total VIEs $ 24,851 $ 14,317 $ 5,070 $ 1,439 $ 5,070 December 31, 2021 Consolidated Unconsolidated (Dollars in millions) Carrying Amount of Assets Carrying Amount of Liabilities Carrying Amount of Assets Carrying Amount of Liabilities Maximum Exposure to Loss Securitization-Related VIEs: (1) Credit card loan securitizations (2) $ 21,569 $ 13,016 $ 0 $ 0 $ 0 Auto loan securitizations 2,552 2,187 0 0 0 Total securitization-related VIEs 24,121 15,203 0 0 0 Other VIEs: (3) Affordable housing entities 263 27 4,774 1,454 4,774 Entities that provide capital to low-income and rural communities 2,074 26 0 0 0 Other 0 0 383 0 383 Total other VIEs 2,337 53 5,157 1,454 5,157 Total VIEs $ 26,458 $ 15,256 $ 5,157 $ 1,454 $ 5,157 __________ (1) Excludes insignificant VIEs from previously exited businesses. (2) Represents the carrying amount of assets and liabilities of the VIE, which includes the seller’s interest and repurchased notes held by other related parties. (3) In certain investment structures, we consolidate a VIE which in turn holds as its primary asset an investment in an unconsolidated VIE. In these instances, we disclose the carrying amount of assets and liabilities on our consolidated balance sheets as unconsolidated VIEs to avoid duplicating our exposure, as the unconsolidated VIEs are generally the operating entities generating the exposure. The carrying amount of assets and liabilities included in the unconsolidated VIE columns above related to these investment structures were $2.2 billion of assets and $551 million of liabilities as of March 31, 2022, and $2.2 billion of assets and $568 million of liabilities as of December 31, 2021. Securitization-Related VIEs In a securitization transaction, assets are transferred to a trust, which generally meets the definition of a VIE. We engage in securitization activities as an issuer and an investor. Our primary securitization issuance activity includes credit card and auto securitizations, conducted through securitization trusts which we consolidate. Our continuing involvement in these securitization transactions mainly consists of acting as the primary servicer and holding certain retained interests. In our multifamily agency business, we originate multifamily commercial real estate loans and transfer them to government-sponsored enterprises (“GSEs”) who may, in turn, securitize them. We retain the related mortgage servicing rights (“MSRs”) and service the transferred loans pursuant to the guidelines set forth by the GSEs. As an investor, we hold primarily RMBS, CMBS, and ABS in our investment securities portfolio, which represent variable interests in the respective securitization trusts from which those securities were issued. We do not consolidate the securitization trusts employed in these transactions as we do not have the power to direct the activities that most significantly impact the economic performance of these securitization trusts. We exclude these VIEs from the tables within this note because we do not consider our continuing involvement with these VIEs to be significant as we either invest in securities issued by the VIE and were not involved in the design of the VIE or no transfers have occurred between the VIE and us. Our maximum exposure to loss as a result of our involvement with these VIEs is the carrying value of the MSRs and investment securities on our consolidated balance sheets as well as our contractual obligations under loss sharing arrangements. See “Note 6—Goodwill and Other Intangible Assets” for information related to our MSRs associated with these securitizations and “Note 2—Investment Securities” for more information on the securities held in our investment securities portfolio. In addition, where we have certain lending arrangements in the normal course of business with entities that could be VIEs, we have also excluded these VIEs from the tables presented in this note. See “Note 3—Loans” for additional information regarding our lending arrangements in the normal course of business. The table below presents our continuing involvement in certain securitization-related VIEs as of March 31, 2022 and December 31, 2021. Table 5.2: Continuing Involvement in Securitization-Related VIEs (Dollars in millions) Credit Card Auto March 31, 2022: Securities held by third-party investors $ 11,851 $ 1,889 Receivables in the trusts 20,860 2,101 Cash balance of spread or reserve accounts 0 13 Retained interests Yes Yes Servicing retained Yes Yes December 31, 2021: Securities held by third-party investors $ 12,808 $ 2,186 Receivables in the trust 22,454 2,418 Cash balance of spread or reserve accounts 0 13 Retained interests Yes Yes Servicing retained Yes Yes Credit Card Securitizations We securitize a portion of our credit card loans which provides a source of funding for us. Credit card securitizations involve the transfer of credit card receivables to securitization trusts. These trusts then issue debt securities collateralized by the transferred receivables to third-party investors. We hold certain retained interests in our credit card securitizations and continue to service the receivables in these trusts. We consolidate these trusts because we are deemed to be the primary beneficiary as we have the power to direct the activities that most significantly impact the economic performance of the trusts, and the right to receive benefits or the obligation to absorb losses that could potentially be significant to the trusts. Auto Securitizations Similar to our credit card securitizations, we securitize a portion of our auto loans which provides a source of funding for us. Auto securitizations involve the transfer of auto loans to securitization trusts. These trusts then issue debt securities collateralized by the transferred loans to third-party investors. We hold certain retained interests and continue to service the loans in these trusts. We consolidate these trusts because we are deemed to be the primary beneficiary as we have the power to direct the activities that most significantly impact the economic performance of the trusts, and the right to receive benefits or the obligation to absorb losses that could potentially be significant to the trusts. Other VIEs Affordable Housing Entities As part of our community reinvestment initiatives, we invest in private investment funds that make equity investments in multifamily affordable housing properties. We receive affordable housing tax credits for these investments. The activities of these entities are financed with a combination of invested equity capital and debt. We account for certain investments in qualified affordable housing projects using the proportional amortization method if certain criteria are met. The proportional amortization method amortizes the cost of the investment over the period in which the investor expects to receive tax credits and other tax benefits, and the resulting amortization is recognized as a component of income tax expense attributable to continuing operations. For the first three months of 2022 and 2021, we recognized amortization of $161 million and $156 million, respectively, and tax credits of $250 million and $258 million, respectively, associated with these investments within income tax provision. The carrying value of our equity investments in these qualified affordable housing projects was $4.7 billion as of both March 31, 2022 and December 31, 2021. We are periodically required to provide additional financial or other support during the period of the investments. Our liability for these unfunded commitments was $1.7 billion as of both March 31, 2022 and December 31, 2021, and is largely expected to be paid from 2022 to 2024. For those investment funds considered to be VIEs, we are not required to consolidate them if we do not have the power to direct the activities that most significantly impact the economic performance of those entities. We record our interests in these unconsolidated VIEs in loans held for investment, other assets and other liabilities on our consolidated balance sheets. Our maximum exposure to these entities is limited to our variable interests in the entities which consisted of assets of approximately $4.7 billion and $4.8 billion as of March 31, 2022 and December 31, 2021, respectively. The creditors of the VIEs have no recourse to our general credit and we do not provide additional financial or other support other than during the period that we are contractually required to provide it. The total assets of the unconsolidated VIE investment funds were approximately $12.2 billion and $11.9 billion as of March 31, 2022 and December 31, 2021, respectively. Entities that Provide Capital to Low-Income and Rural Communities We hold variable interests in entities (“Investor Entities”) that invest in community development entities (“CDEs”) that provide debt financing to businesses and non-profit entities in low-income and rural communities. Variable interests in the CDEs held by the consolidated Investor Entities are also our variable interests. The activities of the Investor Entities are financed with a combination of invested equity capital and debt. The activities of the CDEs are financed solely with invested equity capital. We receive federal and state tax credits for these investments. We consolidate the VIEs in which we have the power to direct the activities that most significantly impact the VIE’s economic performance and where we have the obligation to absorb losses or right to receive benefits that could be potentially significant to the VIE. We consolidate other investments and CDEs that are not considered to be VIEs, but where we hold a controlling financial interest. The assets of the VIEs that we consolidated, which totaled approximately $2.2 billion and $2.1 billion as of March 31, 2022 and December 31, 2021, respectively, are reflected on our consolidated balance sheets in cash, loans held for investment, and other assets. The liabilities are reflected in other liabilities. The creditors of the VIEs have no recourse to our general credit. We have not provided additional financial or other support other than during the period that we are contractually required to provide it. Other We hold variable interests in other VIEs, including companies that promote renewable energy sources and other equity method investments. We are not required to consolidate these VIEs because we do not have the power to direct the activities that most significantly impact their economic performance. Our maximum exposure to these VIEs is limited to the investments on our consolidated balance sheets of $367 million and $383 million as of March 31, 2022 and December 31, 2021, respectively. The creditors of the other VIEs have no recourse to our general credit. We have not provided additional financial or other support other than during the period that we are contractually required to provide it.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 6—GOODWILL AND OTHER INTANGIBLE ASSETS The table below presents our goodwill, other intangible assets and MSRs as of March 31, 2022 and December 31, 2021. Goodwill is presented separately, while other intangible assets and MSRs are included in other assets on our consolidated balance sheets. Table 6.1: Components of Goodwill, Other Intangible Assets and MSRs March 31, 2022 (Dollars in millions) Carrying Amount of Assets Accumulated Amortization Net Carrying Amount Goodwill $ 14,784 N/A $ 14,784 Other intangible assets: Purchased credit card relationship (“PCCR”) intangibles 29 $ (12) 17 Other (1) 213 (133) 80 Total other intangible assets 242 (145) 97 Total goodwill and other intangible assets $ 15,026 $ (145) $ 14,881 Commercial MSRs (2) $ 641 $ (210) $ 431 December 31, 2021 (Dollars in millions) Carrying Amount of Assets Accumulated Amortization Net Carrying Amount Goodwill $ 14,782 N/A $ 14,782 Other intangible assets: Purchased credit card relationship (“PCCR”) intangibles 29 $ (10) 19 Other (1) 213 (121) 92 Total other intangible assets 242 (131) 111 Total goodwill and other intangible assets $ 15,024 $ (131) $ 14,893 Commercial MSRs (2) $ 622 $ (202) $ 420 __________ (1) Primarily consists of intangibles for sponsorship, customer and merchant relationships, partnership, trade names and other customer contract intangibles. (2) Commercial MSRs are accounted for under the amortization method on our consolidated balance sheets. Amortization expense for amortizable intangible assets, which is presented separately in our consolidated statements of income, totaled $14 million and $6 million for the three months ended March 31, 2022 and 2021, respectively. Goodwill The following table presents changes in carrying amount of goodwill by each of our business segments as of March 31, 2022 and December 31, 2021 Table 6.2: Goodwill by Business Segments (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Balance as of December 31, 2021 $ 5,087 $ 4,645 $ 5,050 $ 14,782 Other adjustments (1) (2) 0 4 2 Balance as of March 31, 2022 $ 5,085 $ 4,645 $ 5,054 $ 14,784 __________ (1) Represents foreign currency translation adjustments and measurement period adjustments on prior period acquisitions.

Deposits and Borrowings

Deposits and Borrowings	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Deposits and Borrowings	NOTE 7—DEPOSITS AND BORROWINGS Our deposits represent our largest source of funding for our assets and operations, and include checking accounts, money market deposits, negotiable order of withdrawals, savings deposits and time deposits. We also use a variety of other funding sources including short-term borrowings, senior and subordinated notes, securitized debt obligations and other borrowings. Securitized debt obligations are presented separately on our consolidated balance sheets, as they represent obligations of consolidated securitization trusts, while federal funds purchased and securities loaned or sold under agreements to repurchase, senior and subordinated notes and other borrowings, including FHLB advances, are included in other debt on our consolidated balance sheets. Our total short-term borrowings generally consist of federal funds purchased and securities loaned or sold under agreements to repurchase. Our long-term debt consists of borrowings with an original contractual maturity of greater than one year. The following tables summarize the components of our deposits, short-term borrowings and long-term debt as of March 31, 2022 and December 31, 2021. The carrying value presented below for these borrowings includes unamortized debt premiums and discounts, net of debt issuance costs and fair value hedge accounting adjustments. Table 7.1: Components of Deposits, Short-Term Borrowings and Long-Term Debt (Dollars in millions) March 31, 2022 December 31, 2021 Deposits: Non-interest-bearing deposits $ 37,781 $ 38,043 Interest-bearing deposits (1) 275,648 272,937 Total deposits $ 313,429 $ 310,980 Short-term borrowings: Federal funds purchased and securities loaned or sold under agreements to repurchase $ 594 $ 820 Short-term FHLB advances 4,000 0 Total short-term borrowings $ 4,594 $ 820 March 31, 2022 December 31, 2021 (Dollars in millions) Maturity Dates Stated Interest Rates Weighted-Average Interest Rate Carrying Value Carrying Value Long-term debt: Securitized debt obligations 2022-2028 0.13% - 2.80% 1.59% $ 13,740 $ 14,994 Senior and subordinated notes: Fixed unsecured senior debt (2) 2022-2032 0.80 - 4.25 2.94 20,182 19,975 Floating unsecured senior debt 2022-2024 0.96 - 1.16 1.01 1,485 1,709 Total unsecured senior debt 2.81 21,667 21,684 Fixed unsecured subordinated debt 2023-2032 2.36 - 4.20 3.52 5,309 5,535 Total senior and subordinated notes 26,976 27,219 Other long-term borrowings: Finance lease liabilities 2022-2031 0.30 - 9.91 3.45 48 53 Total other long-term borrowings 48 53 Total long-term debt $ 40,764 $ 42,266 Total short-term borrowings and long-term debt $ 45,358 $ 43,086 __________ (1) Includes $1.7 billion and $1.8 billion of time deposits in denominations in excess of the $250,000 federal insurance limit as of March 31, 2022 and December 31, 2021, respectively. (2) Includes $1.3 billion and $1.4 billion of EUR-denominated unsecured notes as of March 31, 2022 and December 31, 2021, respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	NOTE 8—DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Use of Derivatives and Accounting for Derivatives We regularly enter into derivative transactions to support our overall risk management activities. Our primary market risks stem from the impact on our earnings and economic value of equity due to changes in interest rates and, to a lesser extent, changes in foreign exchange rates. We manage our interest rate sensitivity by employing several techniques, which include changing the duration and re-pricing characteristics of various assets and liabilities by using interest rate derivatives. We also use foreign currency derivatives to limit our earnings and capital exposures to foreign exchange risk by hedging exposures denominated in foreign currencies. We primarily use interest rate and foreign currency swaps to hedge, but we may also use a variety of other derivative instruments, including caps, floors, options, futures and forward contracts, to manage our interest rate and foreign exchange risks. We designate these risk management derivatives as either qualifying accounting hedges or free-standing derivatives. Qualifying accounting hedges are further designated as fair value hedges, cash flow hedges or net investment hedges. Free-standing derivatives are economic hedges that do not qualify for hedge accounting. We also offer interest rate, commodity, foreign currency derivatives and other contracts as an accommodation to our customers within our Commercial Banking business. We enter into these derivatives with our customers primarily to help them manage their interest rate risks, hedge their energy and other commodities exposures, and manage foreign currency fluctuations. We then enter into derivative contracts with counterparties to economically hedge substantially all of our subsequent exposures. See below for additional information on our use of derivatives and how we account for them: • Fair Value Hedges: We designate derivatives as fair value hedges when they are used to manage our exposure to changes in the fair value of certain financial assets and liabilities, which fluctuate in value as a result of movements in interest rates. Changes in the fair value of derivatives designated as fair value hedges are presented in the same line item in our consolidated statements of income as the earnings effect of the hedged items. Our fair value hedges primarily consist of interest rate swaps that are intended to modify our exposure to interest rate risk on various fixed-rate financial assets and liabilities. • Cash Flow Hedges: We designate derivatives as cash flow hedges when they are used to manage our exposure to variability in cash flows related to forecasted transactions. Changes in the fair value of derivatives designated as cash flow hedges are recorded as a component of AOCI. Those amounts are reclassified into earnings in the same period during which the forecasted transactions impact earnings and presented in the same line item in our consolidated statements of income as the earnings effect of the hedged items. Our cash flow hedges use interest rate swaps and floors that are intended to hedge the variability in interest receipts or interest payments on some of our variable-rate financial assets or liabilities. We also enter into foreign currency forward contracts to hedge our exposure to variability in cash flows related to intercompany borrowings denominated in foreign currencies. • Net Investment Hedges: We use net investment hedges to manage the foreign currency exposure related to our net investments in foreign operations that have functional currencies other than the U.S. dollar. Changes in the fair value of net investment hedges are recorded in the translation adjustment component of AOCI, offsetting the translation gain or loss from those foreign operations. We execute net investment hedges using foreign currency forward contracts to hedge the translation exposure of the net investment in our foreign operations under the forward method. • Free-Standing Derivatives: Our free-standing derivatives primarily consist of our customer accommodation derivatives and other economic hedges. The customer accommodation derivatives and the related offsetting contracts are mainly interest rate, commodity and foreign currency contracts. The other free-standing derivatives are primarily used to economically hedge the risk of changes in the fair value of our commercial mortgage loan origination and purchase commitments as well as other interests held. Changes in the fair value of free-standing derivatives are recorded in earnings as a component of other non-interest income. Derivatives Counterparty Credit Risk Counterparty Types Derivative instruments contain an element of credit risk that stems from the potential failure of a counterparty to perform according to the terms of the contract, including making payments due upon maturity of certain derivative instruments. We execute our derivative contracts primarily in over-the-counter (“OTC”) markets. We also execute interest rate and commodity futures in the exchange-traded derivative markets. Our OTC derivatives consist of both trades cleared through central counterparty clearinghouses (“CCPs”) and uncleared bilateral contracts. The Chicago Mercantile Exchange (“CME”), the Intercontinental Exchange (“ICE”) and the LCH Group (“LCH”) are our CCPs for our centrally cleared contracts. In our uncleared bilateral contracts, we enter into agreements directly with our derivative counterparties. Counterparty Credit Risk Management We manage the counterparty credit risk associated with derivative instruments by entering into legally enforceable master netting agreements, where applicable, and exchanging collateral with our counterparties, typically in the form of cash or high-quality liquid securities. We exchange collateral in two primary forms: variation margin, which mitigates the risk of changes in value due to daily market movements and is exchanged daily, and initial margin, which mitigates the risk of potential future exposure of a derivative and is exchanged at the outset of a transaction and adjusted daily. We exchange variation margin and initial margin on our cleared derivatives. For uncleared bilateral derivatives, we exchange variation margin, and from September 2021 we exchange initial margin on any new trades executed after September 1, 2021, where such trades are in scope for initial margin. The amount of collateral exchanged for variation margin is dependent upon the fair value of the derivative instruments as well as the fair value of the pledged collateral and will vary over time as market variables change. The amount of the initial margin exchanged is dependent upon 1) the calculation of initial margin exposure, as prescribed by 1(a) the U.S. prudential regulators’ margin rules for uncleared derivatives (“PR Rules”) or 1(b) the CCPs for cleared derivatives and 2) the fair value of the pledged collateral; it will vary over time as market variables change. When valuing collateral, an estimate of the variation in price and liquidity over time is subtracted in the form of a “haircut” to discount the value of the collateral pledged. Our exposure to derivative counterparty credit risk, at any point in time, is equal to the amount reported as a derivative asset on our balance sheet. The fair value of our derivatives is adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and any associated collateral received or pledged. See Table 8.3 for our net exposure associated with derivatives. The terms under which we collateralize our exposures differ between cleared exposures and uncleared bilateral exposures. • CCPs : We clear eligible OTC derivatives with CCPs as part of our regulatory requirements. We also clear exchange-traded instruments, like futures, with CCPs. Futures commission merchants (“FCMs”) serve as the intermediary between CCPs and us. CCPs require that we post initial and variation margin through our FCMs to mitigate the risk of non-payment or default. Initial margin is required by CCPs as collateral against potential losses on our exchange-traded and cleared derivative contracts and variation margin is exchanged on a daily basis to account for mark-to-market changes in those derivative contracts. For CME, ICE and LCH-cleared OTC derivatives, variation margin cash payments are required to be characterized as settlements. Our FCM agreements governing these derivative transactions include provisions that may require us to post additional collateral under certain circumstances. • Bilateral Counterparties : We enter into master netting agreements and collateral agreements with bilateral derivative counterparties, where applicable, to mitigate the risk of default. These bilateral agreements typically provide the right to offset exposure with the same counterparty and require the party in a net liability position to post collateral. Agreements with certain bilateral counterparties require both parties to maintain collateral in the event the fair values of uncleared derivatives exceed established exposure thresholds. Certain of these bilateral agreements include provisions requiring that our debt maintain a credit rating of investment grade or above by each of the major credit rating agencies. In the event of a downgrade of our debt credit rating below investment grade, some of our counterparties would have the right to terminate their derivative contract and close out existing positions. Credit Risk Valuation Adjustments We record counterparty credit valuation adjustments (“CVAs”) on our derivative assets to reflect the credit quality of our counterparties. We consider collateral and legally enforceable master netting agreements that mitigate our credit exposure to each counterparty in determining CVAs, which may be adjusted due to changes in the fair values of the derivative contracts, collateral, and creditworthiness of the counterparty. We also record debit valuation adjustments (“DVAs”) to adjust the fair values of our derivative liabilities to reflect the impact of our own credit quality. Balance Sheet Presentation The following table summarizes the notional amounts and fair values of our derivative instruments as of March 31, 2022 and December 31, 2021, which are segregated by derivatives that are designated as accounting hedges and those that are not, and are further segregated by type of contract within those two categories. The total derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and any associated cash collateral received or pledged. Derivative assets and liabilities are included in other assets and other liabilities, respectively, on our consolidated balance sheets, and their related gains or losses are included in operating activities as changes in other assets and other liabilities in the consolidated statements of cash flows. Table 8.1: Derivative Assets and Liabilities at Fair Value March 31, 2022 December 31, 2021 Notional or Contractual Amount Derivative (1) Notional or Contractual Amount Derivative (1) (Dollars in millions) Assets Liabilities Assets Liabilities Derivatives designated as accounting hedges: Interest rate contracts: Fair value hedges $ 50,665 $ 7 $ 6 $ 49,659 $ 2 $ 3 Cash flow hedges 53,900 25 151 52,400 244 16 Total interest rate contracts 104,565 32 157 102,059 246 19 Foreign exchange contracts: Fair value hedges 1,383 0 67 1,421 13 0 Cash flow hedges 3,145 19 28 4,679 24 20 Net investment hedges 3,499 110 13 3,459 43 0 Total foreign exchange contracts 8,027 129 108 9,559 80 20 Total derivatives designated as accounting hedges 112,592 161 265 111,618 326 39 Derivatives not designated as accounting hedges: Customer accommodation: Interest rate contracts 77,158 355 777 71,724 620 194 Commodity contracts 25,385 3,890 3,746 22,021 1,669 1,561 Foreign exchange and other contracts 4,271 55 47 3,779 40 42 Total customer accommodation 106,814 4,300 4,570 97,524 2,329 1,797 Other interest rate exposures (2) 2,871 55 23 1,899 33 25 Other contracts 2,097 3 (5) 2,028 2 7 Total derivatives not designated as accounting hedges 111,782 4,358 4,588 101,451 2,364 1,829 Total derivatives $ 224,374 $ 4,519 $ 4,853 $ 213,069 $ 2,690 $ 1,868 Less: netting adjustment (3) (761) (1,282) (542) (544) Total derivative assets/liabilities $ 3,758 $ 3,571 $ 2,148 $ 1,324 __________ (1) Does not reflect $10 million and $11 million recognized as a net valuation allowance on derivative assets and liabilities for non-performance risk as of March 31, 2022 and December 31, 2021 , respectively. Non-performance risk is included in derivative assets and liabilities, which are part of other assets and other liabilities on the consolidated balance sheets, and is offset through non-interest income in the consolidated statements of income. (2) Other interest rate exposures include commercial mortgage-related derivatives and interest rate swaps. (3) Represents balance sheet netting of derivative assets and liabilities, and related payables and receivables for cash collateral held or placed with the same counterparty. The following table summarizes the carrying value of our hedged assets and liabilities in fair value hedges and the associated cumulative basis adjustments included in those carrying values, excluding basis adjustments related to foreign currency risk, as of March 31, 2022 and December 31, 2021. Table 8.2: Hedged Items in Fair Value Hedging Relationships March 31, 2022 December 31, 2021 Carrying Amount Assets/(Liabilities) Cumulative Amount of Basis Adjustments Included in the Carrying Amount Carrying Amount Assets/(Liabilities) Cumulative Amount of Basis Adjustments Included in the Carrying Amount (Dollars in millions) Total Assets/(Liabilities) Discontinued-Hedging Relationships Total Assets/(Liabilities) Discontinued-Hedging Relationships Line item on our consolidated balance sheets in which the hedged item is included: Investment securities available for sale (1)(2) $ 9,125 $ 85 $ 263 $ 10,327 $ 286 $ 295 Interest-bearing deposits (7,670) 68 (1) (7,361) (47) (1) Securitized debt obligations (10,798) 352 1 (11,155) 49 3 Senior and subordinated notes (23,497) 370 (658) (22,777) (531) (708) __________ (1) These amounts include the amortized cost basis of our investment securities designated in hedging relationships for which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. The amortized cost basis of this portfolio was $240 million, the amount of the designated hedged items was $225 million, and the cumulative basis adjustments associated with these hedges was $9 million and $3 million as of March 31, 2022 and December 31, 2021, respectively. (2) Carrying value represents amortized cost. Balance Sheet Offsetting of Financial Assets and Liabilities Derivative contracts and repurchase agreements that we execute bilaterally in the OTC market are generally governed by enforceable master netting agreements where we generally have the right to offset exposure with the same counterparty. Either counterparty can generally request to net settle all contracts through a single payment upon default on, or termination of, any one contract. We elect to offset the derivative assets and liabilities under master netting agreements for balance sheet presentation where a right of setoff exists. For derivative contracts entered into under master netting agreements for which we have not been able to confirm the enforceability of the setoff rights, or those not subject to master netting agreements, we do not offset our derivative positions for balance sheet presentation. The following table presents the gross and net fair values of our derivative assets, derivative liabilities, resale and repurchase agreements and the related offsetting amounts permitted under U.S. GAAP as of March 31, 2022 and December 31, 2021. The table also includes cash and non-cash collateral received or pledged in accordance with such arrangements. The amount of collateral presented, however, is limited to the amount of the related net derivative fair values or outstanding balances; therefore, instances of over-collateralization are excluded. Table 8.3: Offsetting of Financial Assets and Financial Liabilities Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Held Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Received As of March 31, 2022 Derivative assets (1) $ 4,519 $ (425) $ (336) $ 3,758 $ 0 $ 3,758 As of December 31, 2021 Derivative assets (1) 2,690 (252) (290) 2,148 0 2,148 Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Pledged Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Pledged As of March 31, 2022 Derivative liabilities (1) $ 4,853 $ (425) $ (857) $ 3,571 $ 0 $ 3,571 Repurchase agreements (2) 594 0 0 594 (594) 0 As of December 31, 2021 Derivative liabilities (1) 1,868 (252) (292) 1,324 0 1,324 Repurchase agreements (2) 820 0 0 820 (820) 0 __________ (1) We received cash collateral from derivative counterparties totaling $391 million and $377 million as of March 31, 2022 and December 31, 2021, respectively. We also received securities from derivative counterparties with a fair value of $15 million for March 31, 2022 and approximately $1 million for December 31, 2021, respectively, which we have the ability to re-pledge. We posted $3.8 billion and $2.0 billion of cash collateral as of March 31, 2022 and December 31, 2021, respectively. (2) Under our customer repurchase agreements, which mature the next business day, we pledged collateral with a fair value of $606 million and $836 million as of March 31, 2022 and December 31, 2021, respectively, primarily consisting of agency RMBS securities. Income Statement and AOCI Presentation Fair Value and Cash Flow Hedges The net gains (losses) recognized in our consolidated statements of income related to derivatives in fair value and cash flow hedging relationships are presented below for the three months ended March 31, 2022 and 2021. Table 8.4: Effects of Fair Value and Cash Flow Hedge Accounting Three Months Ended March 31, 2022 Net Interest Income Non-Interest Income (Dollars in millions) Investment Securities Loans, Including Loans Held for Sale Other Interest-bearing Deposits Securitized Debt Obligations Senior and Subordinated Notes Other Total amounts presented in our consolidated statements of income $ 402 $ 6,367 $ 15 $ (218) $ (29) $ (131) $ 343 Fair value hedging relationships: Interest rate and foreign exchange contracts: Interest recognized on derivatives $ (8) $ 0 $ 0 $ 21 $ 27 $ 38 $ 0 Gains (losses) recognized on derivatives 175 0 0 (115) (305) (856) (38) Gains (losses) recognized on hedged items (1) (201) 0 0 115 303 896 38 Excluded component of fair value hedges (2) 0 0 0 0 0 (1) 0 Net income (expense) recognized on fair value hedges $ (34) $ 0 $ 0 $ 21 $ 25 $ 77 $ 0 Cash flow hedging relationships: (3) Interest rate contracts: Realized gains reclassified from AOCI into net income $ 0 $ 127 $ 0 $ 0 $ 0 $ 0 $ 0 Foreign exchange contracts: Realized gains (losses) reclassified from AOCI into net income (4) 0 0 0 0 0 0 0 Net income recognized on cash flow hedges $ 0 $ 127 $ 0 $ 0 $ 0 $ 0 $ 0 Three Months Ended March 31, 2021 Net Interest Income Non-Interest Income (Dollars in millions) Investment Securities Loans, Including Loans Held for Sale Other Interest-bearing Deposits Securitized Debt Obligations Senior and Subordinated Notes Other Total amounts presented in our consolidated statements of income $ 391 $ 5,854 $ 16 $ (269) $ (32) $ (129) $ 122 Fair value hedging relationships: Interest rate and foreign exchange contracts: Interest recognized on derivatives $ (25) $ 0 $ 0 $ 36 $ 33 $ 62 $ 0 Gains (losses) recognized on derivatives 100 0 0 (58) (80) (336) (61) Gains (losses) recognized on hedged items (1) (105) 0 0 58 75 368 61 Excluded component of fair value hedges (2) 0 0 0 0 0 (1) 0 Net income (expense) recognized on fair value hedges $ (30) $ 0 $ 0 $ 36 $ 28 $ 93 $ 0 Cash flow hedging relationships: (3) Interest rate contracts: Realized gains reclassified from AOCI into net income $ 9 $ 226 $ 0 $ 0 $ 0 $ 0 $ 0 Foreign exchange contracts: Realized gains (losses) reclassified from AOCI into net income (4) 0 0 1 0 0 0 0 Net income (expense) recognized on cash flow hedges $ 9 $ 226 $ 1 $ 0 $ 0 $ 0 $ 0 _________ (1) Includes amortization benefit of $17 million and $22 million for the three months ended March 31, 2022 and 2021 respectively, related to basis adjustments on discontinued hedges. (2) Changes in fair values of cross-currency swaps attributable to changes in cross-currency basis spreads are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. The initial value of the excluded component is recognized in earnings over the life of the swap under the amortization approach. (3) See “Note 9—Stockholders’ Equity” for the effects of cash flow and net investment hedges on AOCI and amounts reclassified to net income, net of tax. (4) We recognized a loss of $13 million and gain of $85 million for the three months ended March 31, 2022 and 2021 respectively, on foreign exchange contracts reclassified from AOCI. These amounts were largely offset by the foreign currency transaction gains (losses) on our foreign currency denominated intercompany funding included in other non-interest income on our consolidated statements of income. In the next 12 months, we expect to reclassify into earnings a net after-tax loss of $65 million recorded in AOCI as of March 31, 2022. This amount will offset the cash flows associated with hedged forecasted transactions. The maximum length of time over which forecasted transactions were hedged was approximately 6 years as of March 31, 2022. The amount we expect to reclassify into earnings may change as a result of changes in market conditions and ongoing actions taken as part of our overall risk management strategy. Free-Standing Derivatives The net impacts to our consolidated statements of income related to free-standing derivatives are presented below for the three months ended March 31, 2022 and 2021. These gains or losses are recognized in other non-interest income on our consolidated statements of income. Table 8.5: Gains (Losses) on Free-Standing Derivatives Three Months Ended March 31, (Dollars in millions) 2022 2021 Gains (losses) recognized in other non-interest income: Customer accommodation: Interest rate contracts $ 9 $ 10 Commodity contracts 6 5 Foreign exchange and other contracts 1 4 Total customer accommodation 16 19 Other interest rate exposures 26 11 Other contracts 2 0 Total $ 44 $ 30

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Stockholders' Equity	NOTE 9—STOCKHOLDERS’ EQUITY Preferred Stock The following table summarizes our preferred stock outstanding as of March 31, 2022 and December 31, 2021. Table 9.1: Preferred Stock Outstanding (1) Redeemable by Issuer Beginning Per Annum Dividend Rate Dividend Frequency Liquidation Preference per Share Total Shares Outstanding Carrying Value Series Description Issuance Date March 31, 2022 December 31, 2021 Series I 5.000% September 11, 2019 December 1, 2024 5.000% Quarterly $ 1,000 1,500,000 $ 1,462 $ 1,462 Series J 4.800% January 31, 2020 June 1, 2025 4.800 Quarterly 1,000 1,250,000 1,209 1,209 Series K 4.625% September 17, 2020 December 1, 2025 4.625 Quarterly 1,000 125,000 122 122 Series L 4.375% May 4, 2021 September 1, 2026 4.375 Quarterly 1,000 675,000 652 652 Series M 3.950% Fixed Rate Reset June 10, 2021 September 1, 2026 3.950% through 8/31/2026; resets 9/1/2026 and every subsequent 5 year anniversary at 5-Year Treasury Rate +3.157% Quarterly 1,000 1,000,000 988 988 Series N 4.250% July 29, 2021 September 1, 2026 4.250% Quarterly 1,000 425,000 412 412 Total $ 4,845 $ 4,845 __________ (1) Except for Series M , ownership is held in the form of depositary shares, each representing a 1/40th interest in a share of fixed-rate non-cumulative perpetual preferred stock. Accumulated Other Comprehensive Income AOCI primarily consists of accumulated net unrealized gains or losses associated with securities available for sale, changes in fair value of derivatives in hedging relationships and foreign currency translation adjustments. The following table includes the changes in AOCI by component for the three months ended March 31, 2022, and 2021. Table 9.2: AOCI (Dollars in millions) Securities Available for Sale Hedging Relationships (1) Foreign Currency Translation Adjustments (2) Other Total AOCI as of December 31, 2021 $ 297 $ 118 $ (21) $ (20) $ 374 Other comprehensive income (loss) before reclassifications (3,253) (1,123) (5) 0 (4,381) Amounts reclassified from AOCI into earnings 0 (86) 0 0 (86) Other comprehensive income (loss), net of tax (3,253) (1,209) (5) 0 (4,467) AOCI as of March 31, 2022 $ (2,956) $ (1,091) $ (26) $ (20) $ (4,093) (Dollars in millions) Securities Available for Sale Hedging Relationships (1) Foreign Currency Translation Adjustments (2) Other Total AOCI as of December 31, 2020 $ 2,186 $ 1,362 $ (31) $ (23) $ 3,494 Other comprehensive income (loss) before reclassifications (1,145) (338) 19 0 (1,464) Amounts reclassified from AOCI into earnings (3) (243) 0 (1) (247) Other comprehensive income (loss), net of tax (1,148) (581) 19 (1) (1,711) AOCI as of March 31, 2021 $ 1,038 $ 781 $ (12) $ (24) $ 1,783 __________ (1) Includes amounts related to cash flow hedges as well as the excluded component of cross-currency swaps designated as fair value hedges. (2) Includes other comprehensive gains of $48 million and loss of $21 million for the three months ended March 31, 2022 and 2021, respectively, from hedging instruments designated as net investment hedges. The following table presents amounts reclassified from each component of AOCI to our consolidated statements of income for the three months ended March 31, 2022 and 2021. Table 9.3: Reclassifications from AOCI (Dollars in millions) Three Months Ended March 31, AOCI Components Affected Income Statement Line Item 2022 2021 Securities available for sale: Non-interest income $ 0 $ 4 Income tax provision 0 1 Net income 0 3 Hedging relationships: Interest rate contracts: Interest income 127 235 Foreign exchange contracts: Interest income 0 1 Interest expense (1) (1) Non-interest income (13) 85 Income from continuing operations before income taxes 113 320 Income tax provision 27 77 Net income 86 243 Other: Non-interest income and non-interest expense 0 1 Income tax provision 0 0 Net income 0 1 Total reclassifications $ 86 $ 247 The table below summarizes other comprehensive income (loss) activity and the related tax impact for the three months ended March 31, 2022 and 2021. Table 9.4: Other Comprehensive Income (Loss) Three Months Ended March 31, 2022 2021 (Dollars in millions) Before Provision After Before Provision After Other comprehensive income (loss): Net unrealized gains (losses) on securities available for sale $ (4,287) $ (1,034) $ (3,253) $ (1,512) $ (364) $ (1,148) Net unrealized gains (losses) on hedging relationships (1,593) (384) (1,209) (766) (185) (581) Foreign currency translation adjustments (1) 10 15 (5) 13 (6) 19 Other 0 0 0 (1) 0 (1) Other comprehensive income (loss) $ (5,870) $ (1,403) $ (4,467) $ (2,266) $ (555) $ (1,711) __________ (1) Includes the impact of hedging instruments designated as net investment hedges.

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Common Share	NOTE 10—EARNINGS PER COMMON SHARE The following table sets forth the computation of basic and diluted earnings per common share. Table 10.1: Computation of Basic and Diluted Earnings per Common Share Three Months Ended March 31, (Dollars and shares in millions, except per share data) 2022 2021 Income from continuing operations, net of tax $ 2,403 $ 3,327 Income (loss) from discontinued operations, net of tax 0 (2) Net income 2,403 3,325 Dividends and undistributed earnings allocated to participating securities (28) (28) Preferred stock dividends (57) (61) Net income available to common stockholders $ 2,318 $ 3,236 Total weighted-average basic common shares outstanding 410.4 458.6 Effect of dilutive securities: (1) Stock options 0.5 0.8 Other contingently issuable shares 1.3 0.7 Total effect of dilutive securities 1.8 1.5 Total weighted-average diluted common shares outstanding 412.2 460.1 Basic earnings per common share: Net income from continuing operations $ 5.65 $ 7.06 Net income per basic common share $ 5.65 $ 7.06 Diluted earnings per common share: (1) Net income from continuing operations $ 5.62 $ 7.03 Net income per diluted common share $ 5.62 $ 7.03 __________ (1) Excluded from the computation of diluted earnings per share were awards and stock options that would be anti-dilutive. There were no anti-dilutive awards or stock options for the three months ended March 31, 2022. Awards of 103 thousand shares for the three months ended March 31, 2021 were excluded from the computation of diluted earnings per share.

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurement	NOTE 11—FAIR VALUE MEASUREMENT Fair value, also referred to as an exit price, is defined as the price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The fair value accounting guidance provides a three-level fair value hierarchy for classifying financial instruments. This hierarchy is based on the markets in which the assets or liabilities trade and whether the inputs to the valuation techniques used to measure fair value are observable or unobservable. The fair value measurement of a financial asset or liability is assigned a level based on the lowest level of any input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are described below: Level 1: Valuation is based on quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Valuation is based on observable market-based inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3: Valuation is generated from techniques that use significant assumptions not observable in the market. Valuation techniques include pricing models, discounted cash flow (“DCF”) methodologies or similar techniques. The accounting guidance for fair value measurements requires that we maximize the use of observable inputs and minimize the use of unobservable inputs in determining fair value. The accounting guidance provides for the irrevocable option to elect, on a contract-by-contract basis, to measure certain financial assets and liabilities at fair value at inception of the contract and record any subsequent changes in fair value in earnings. The determination and classification of financial instruments in the fair value hierarchy is performed at the end of each reporting period. We consider all available information, including observable market data, indications of market liquidity and orderliness, and our understanding of the valuation techniques and significant inputs. For additional information on the valuation techniques used in estimating the fair value of our financial assets and liabilities on a recurring basis, see “Note 16—Fair Value Measurement” in our 2021 Form 10-K . Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table displays our assets and liabilities measured on our consolidated balance sheets at fair value on a recurring basis as of March 31, 2022 and December 31, 2021. Table 11.1: Assets and Liabilities Measured at Fair Value on a Recurring Basis March 31, 2022 Fair Value Measurements Using Netting Adjustments (1) (Dollars in millions) Level 1 Level 2 Level 3 Total Assets: Securities available for sale: U.S. Treasury securities $ 9,497 $ 0 $ 0 — $ 9,497 RMBS 0 68,214 211 — 68,425 CMBS 0 8,344 21 — 8,365 Other securities 203 2,586 0 — 2,789 Total securities available for sale 9,700 79,144 232 — 89,076 Loans held for sale 0 928 0 — 928 Other assets: Derivative assets (2) 1,106 3,211 202 $ (761) 3,758 Other (3) 525 4 39 — 568 Total assets $ 11,331 $ 83,287 $ 473 $ (761) $ 94,330 Liabilities: Other liabilities: Derivative liabilities (2) $ 2,225 $ 2,448 $ 180 $ (1,282) $ 3,571 Total liabilities $ 2,225 $ 2,448 $ 180 $ (1,282) $ 3,571 December 31, 2021 Fair Value Measurements Using Netting Adjustments (1) (Dollars in millions) Level 1 Level 2 Level 3 Total Assets: Securities available for sale: U.S. Treasury securities $ 9,442 $ 0 $ 0 — $ 9,442 RMBS 0 73,358 258 — 73,616 CMBS 0 9,360 9 — 9,369 Other securities 206 2,628 0 — 2,834 Total securities available for sale 9,648 85,346 267 — 95,261 Loans held for sale 0 1,026 0 — 1,026 Other assets: Derivative assets (2) 406 2,200 84 $ (542) 2,148 Other (3) 526 6 41 — 573 Total assets $ 10,580 $ 88,578 $ 392 $ (542) $ 99,008 Liabilities: Other liabilities: Derivative liabilities (2) $ 838 $ 965 $ 65 $ (544) $ 1,324 Total liabilities $ 838 $ 965 $ 65 $ (544) $ 1,324 __________ (1) Represents balance sheet netting of derivative assets and liabilities, and related payables and receivables for cash collateral held or placed with the same counterparty. See “Note 8—Derivative Instruments and Hedging Activities” for additional information. (2) Does not reflect $10 million and $11 million recognized as a net valuation allowance on derivative assets and liabilities for non-performance risk as of March 31, 2022 and December 31, 2021, respectively. Non-performance risk is included in derivative assets and liabilities, which are part of other assets and other liabilities on the consolidated balance sheets, and is recorded through non-interest income in the consolidated statements of income. (3) As of March 31, 2022 and December 31, 2021, other includes retained interests in securitizations of $39 million and $41 million, deferred compensation plan assets of $494 million and $490 million, and equity securities of $35 million (including unrealized loss of $5 million) and $42 million (including unrealized loss of $36 million), respectively. Level 3 Recurring Fair Val ue Rollforward The table below presents a reconciliation for all assets and liabilities measured and recognized at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2022 and 2021. Generally, transfers into Level 3 were primarily driven by the usage of unobservable assumptions in the pricing of these financial instruments as evidenced by wider pricing variations among pricing vendors and transfers out of Level 3 were primarily driven by the usage of assumptions corroborated by market observable information as evidenced by tighter pricing among multiple pricing sources. Table 11.2: Level 3 Recurring Fair Value Rollforward Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended March 31, 2022 Total Gains (Losses) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of March 31, 2022 (1) (Dollars in millions) Balance, January 1, 2022 Included in Net Income (1) Included in OCI Purchases Sales Issuances Settlements Transfers Transfers Balance, March 31, 2022 Securities available for sale: (2) RMBS $ 258 $ 10 $ (12) $ 0 $ 0 $ 0 $ (28) $ 12 $ (29) $ 211 $ 3 CMBS 9 0 0 0 0 0 (1) 13 0 21 (1) Total securities available for sale 267 10 (12) 0 0 0 (29) 25 (29) 232 2 Other assets: Retained interests in securitizations 41 (2) 0 0 0 0 0 0 0 39 (2) Net derivative assets (liabilities) (3) 19 5 0 0 0 28 (2) (28) 0 22 1 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended March 31, 2021 Total Gains (Losses) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of March 31, 2021 (1) (Dollars in millions) Balance, January 1, 2021 Included in Net Income (1) Included in OCI Purchases Sales Issuances Settlements Transfers Transfers Balance, March 31, 2021 Securities available for sale: (2) RMBS $ 328 $ 7 $ 2 $ 0 $ 0 $ 0 $ (26) $ 39 $ (24) $ 326 $ 7 CMBS 111 0 (2) 0 0 0 (6) 0 (93) 10 0 Total securities available for sale 439 7 0 0 0 0 (32) 39 (117) 336 7 Other assets: Retained interests in securitizations 55 (5) 0 0 0 0 0 0 0 50 (5) Net derivative assets (liabilities) (3) 31 (21) 0 0 0 38 (14) 0 0 34 (19) __________ (1) Realized gains (losses) on securities available for sale are included in net securities gains (losses) and retained interests in securitizations are reported as a component of non-interest income in our consolidated statements of income. Gains (losses) on derivatives are included as a component of net interest income or non-interest income in our consolidated statements of income. (2) Net unrealized losses included in OCI related to Level 3 securities available for sale still held as of March 31, 2022 were $7 million. Net unrealized losses included in OCI related to Level 3 securities available for sale still held as of March 31, 2021 were $2 million. (3) Includes derivative assets and liabilities of $202 million and $180 million, respectively, as of March 31, 2022 and $157 million and $123 million, respectively, as of March 31, 2021. Significant Level 3 Fair Value Asset and Liability Inputs Generally, uncertainties in fair value measurements of financial instruments, such as changes in unobservable inputs, may have a significant impact on fair value. Certain of these unobservable inputs will, in isolation, have a directionally consistent impact on the fair value of the instrument for a given change in that input. Alternatively, the fair value of the instrument may move in an opposite direction for a given change in another input. In general, an increase in the discount rate, default rates, loss severity or credit spreads, in isolation, would result in a decrease in the fair value measurement. In addition, an increase in default rates would generally be accompanied by a decrease in recovery rates, slower prepayment rates and an increase in liquidity spreads, and would lead to a decrease in the fair value measurement. Techniques and Inputs for Level 3 Fair Value Measureme nts The following table presents the significant unobservable inputs used to determine the fair values of our Level 3 financial instruments on a recurring basis. We utilize multiple vendor pricing services to obtain fair value for our securities. Several of our vendor pricing services are only able to provide unobservable input information for a limited number of securities due to software licensing restrictions. Other vendor pricing services are able to provide unobservable input information for all securities for which they provide a valuation. As a result, the unobservable input information for the securities available for sale presented below represents a composite summary of all information we are able to obtain. The unobservable input information for all other Level 3 financial instruments is based on the assumptions used in our internal valuation models. Table 11.3: Quantitative Information about Level 3 Fair Value Measurements Quantitative Information about Level 3 Fair Value Measurements (Dollars in millions) Fair Value at Significant Significant Range Weighted Average (1) Securities available for sale: RMBS $ 211 Discounted cash flows (vendor pricing) Yield 0-25% 5-20% 0-11% 30-88% 4% 11% 2% 63% CMBS 21 Discounted cash flows (vendor pricing) Yield 1-23% 15% Other assets: Retained interests in securitizations (2) 39 Discounted cash flows Life of receivables (months) 29-37 9-18% 3-8% 1-3% 76-291% N/A Net derivative assets (liabilities) 22 Discounted cash flows Swap rates 2% 2% Quantitative Information about Level 3 Fair Value Measurements (Dollars in millions) Fair Value at Significant Significant Range Weighted Average (1) Securities available for sale: RMBS $ 258 Discounted cash flows (vendor pricing) Yield 0-21% 5-40% 1-11% 30-100% 3% 11% 2% 65% CMBS 9 Discounted cash flows (vendor pricing) Yield 1-2% 1% Other assets: Retained interests in securitizations (2) 41 Discounted cash flows Life of receivables (months) 29-36 9-18% 2-8% 3-4% 72-151% N/A Net derivative assets (liabilities) 19 Discounted cash flows Swap rates 1-2% 2% __________ (1) Weighted averages are calculated by using the product of the input multiplied by the relative fair value of the instruments. (2) Due to the nature of the various mortgage securitization structures in which we have retained interests, it is not meaningful to present a consolidated weighted average for the significant unobservable inputs. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis We are required to measure and recognize certain assets at fair value on a nonrecurring basis on the consolidated balance sheets. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, from the application of lower of cost or fair value accounting or when we evaluate for impairment). The following table presents the carrying value of the assets measured at fair value on a nonrecurring basis and still held as of March 31, 2022 and December 31, 2021, and for which a nonrecurring fair value measurement was recorded during the three and twelve months then ended. Table 11.4: Nonrecurring Fair Value Measurements March 31, 2022 Estimated Fair Value Hierarchy Total (Dollars in millions) Level 2 Level 3 Loans held for investment $ 0 $ 130 $ 130 Loans held for sale 123 0 123 Other assets (1) 0 45 45 Total $ 123 $ 175 $ 298 December 31, 2021 Estimated Fair Value Hierarchy Total (Dollars in millions) Level 2 Level 3 Loans held for investment $ 0 $ 194 $ 194 Loans held for sale 118 0 118 Other assets (1) 0 325 325 Total $ 118 $ 519 $ 637 __________ (1) As of March 31, 2022, other assets included repossessed assets of $45 million. As of December 31, 2021, other assets included equity method investments of $50 million, investments accounted for under measurement alternative of $29 million, repossessed assets of $40 million and long-lived assets held for sale of $206 million. In the above table, loans held for investment are generally valued based in part on the estimated fair value of the underlying collateral and the non-recoverable rate, which is considered to be a significant unobservable input. The non-recoverable rate ranged from 0% to 100%, with a weighted average of 24%, and from 0% to 100%, with a weighted average of 13%, as of March 31, 2022 and December 31, 2021, respectively. The weighted average non-recoverable rate is calculated based on the estimated market value of the underlying collateral. The significant unobservable inputs and related quantitative information related to fair value of the other assets are not meaningful to disclose as they vary significantly across properties and collateral. The following table presents total nonrecurring fair value measurements for the period, included in earnings, attributable to the change in fair value relating to assets that are still held at March 31, 2022 and 2021. Table 11.5: Nonrecurring Fair Value Measurements Included in Earnings Total Gains (Losses) Three Months Ended March 31, (Dollars in millions) 2022 2021 Loans held for investment $ (14) $ (16) Other assets (1) (19) (36) Total $ (33) $ (52) __________ (1) Other assets include fair value adjustments related to repossessed assets, long-lived assets held for sale and equity investments accounted for under the measurement alternative. Fair Value of Financial Instruments The following table presents the carrying value and estimated fair value, including the level within the fair value hierarchy, of our financial instruments that are not measured at fair value on a recurring basis on our consolidated balance sheets as of March 31, 2022 and December 31, 2021. Table 11.6: Fair Value of Financial Instruments March 31, 2022 Carrying Estimated Estimated Fair Value Hierarchy (Dollars in millions) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 26,804 $ 26,804 $ 5,107 $ 21,697 $ 0 Restricted cash for securitization investors 281 281 281 0 0 Net loans held for investment 269,158 273,434 0 0 273,434 Loans held for sale 227 227 0 227 0 Interest receivable 1,479 1,479 0 1,479 0 Other investments (1) 1,492 1,492 0 1,492 0 Financial liabilities: Deposits with defined maturities 17,306 17,218 0 17,218 0 Securitized debt obligations 13,740 13,773 0 13,773 0 Senior and subordinated notes 26,976 27,234 0 27,234 0 Federal funds purchased and securities loaned or sold under agreements to repurchase 594 594 0 594 0 Other borrowings (2) 4,000 4,000 0 4,000 0 Interest payable 261 261 0 261 0 December 31, 2021 Carrying Estimated Estimated Fair Value Hierarchy (Dollars in millions) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 21,746 $ 21,746 $ 4,164 $ 17,582 $ 0 Restricted cash for securitization investors 308 308 308 0 0 Net loans held for investment 265,910 270,508 0 0 270,508 Loans held for sale 4,862 5,091 0 5,091 0 Interest receivable 1,460 1,460 0 1,460 0 Other investments (1) 1,344 1,344 0 1,344 0 Financial liabilities: Deposits with defined maturities 17,923 18,062 0 18,062 0 Securitized debt obligations 14,994 15,122 0 15,122 0 Senior and subordinated notes 27,219 27,842 0 27,842 0 Federal funds purchased and securities loaned or sold under agreements to repurchase 820 820 0 820 0 Interest payable 281 281 0 281 0 __________ (1) Other investments include FHLB and Federal Reserve stock. These investments are included in other assets on our consolidated balance sheets. (2) Other borrowings exclude capital lease obligations.

Business Segments and Revenue f

Business Segments and Revenue from Contracts with Customers	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Business Segments and Revenue from Contracts with Customers	NOTE 12—BUSINESS SEGMENTS AND REVENUE FROM CONTRACTS WITH CUSTOMERS Our principal operations are organized into three major business segments, which are defined primarily based on the products and services provided or the types of customers served: Credit Card, Consumer Banking and Commercial Banking. The operations of acquired businesses have been integrated into or managed as a part of our existing business segments. Certain activities that are not part of a segment, such as management of our corporate investment portfolio, asset/liability management by our centralized Corporate Treasury group and residual tax expense or benefit to arrive at the consolidated effective tax rate that is not assessed to our primary business segments, are included in the Other category. Basis of Presentation We report the results of each of our business segments on a continuing operations basis. The results of our individual businesses reflect the manner in which management evaluates performance and makes decisions about funding our operations and allocating resources. Business Segment Reporting Methodology The results of our business segments are intended to present each segment as if it were a stand-alone business. Our internal management and reporting process used to derive our segment results employs various allocation methodologies, including funds transfer pricing, to assign certain balance sheet assets, deposits and other liabilities and their related revenue and expenses directly or indirectly attributable to each business segment. Our funds transfer pricing process provides a funds credit for sources of funds, such as deposits generated by our Consumer Banking and Commercial Banking businesses, and a funds charge for the use of funds by each segment. Due to the integrated nature of our business segments, estimates and judgments have been made in allocating certain revenue and expense items. Transactions between segments are based on specific criteria or approximate third-party rates. We regularly assess the assumptions, methodologies and reporting classifications used for segment reporting, which may result in the implementation of refinements or changes in future periods. We provide additional information on the allocation methodologies used to derive our business segment results in “Note 17—Business Segments and Revenue from Contracts with Customers” in our 2021 Form 10-K. Segment Results and Reconciliation We may periodically change our business segments or reclassify business segment results based on modifications to our management reporting methodologies or changes in organizational alignment. The following table presents our business segment results for the three months ended March 31, 2022 and 2021, selected balance sheet data as of March 31, 2022 and 2021, and a reconciliation of our total business segment results to our reported consolidated income from continuing operations, loans held for investment and deposits. Table 12.1: Segment Results and Reconciliation Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Net interest income (loss) $ 3,839 $ 2,113 $ 607 $ (162) $ 6,397 Non-interest income (loss) 1,458 105 277 (64) 1,776 Total net revenue (loss) (2) 5,297 2,218 884 (226) 8,173 Provision (benefit) for credit losses 545 130 8 (6) 677 Non-interest expense 2,783 1,236 488 44 4,551 Income (loss) from continuing operations before income taxes 1,969 852 388 (264) 2,945 Income tax provision (benefit) 469 202 92 (221) 542 Income (loss) from continuing operations, net of tax $ 1,500 $ 650 $ 296 $ (43) $ 2,403 Loans held for investment $ 113,962 $ 80,330 $ 86,174 $ 0 $ 280,466 Deposits 0 258,359 45,232 9,838 313,429 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Net interest income (loss) $ 3,372 $ 2,030 $ 520 $ (100) $ 5,822 Non-interest income (loss) 1,029 141 240 (119) 1,291 Total net revenue (loss) (2) 4,401 2,171 760 (219) 7,113 Provision (benefit) for credit losses (492) (126) (203) (2) (823) Non-interest expense 2,135 1,117 419 69 3,740 Income (loss) from continuing operations before income taxes 2,758 1,180 544 (286) 4,196 Income tax provision (benefit) 653 278 128 (190) 869 Income (loss) from continuing operations, net of tax $ 2,105 $ 902 $ 416 $ (96) $ 3,327 Loans held for investment $ 99,127 $ 70,202 $ 73,802 $ 0 $ 243,131 Deposits 0 254,001 41,552 14,775 310,328 __________ (1) Some of our commercial investments generate tax-exempt income, tax credits or other tax benefits. Accordingly, we present our Commercial Banking revenue and yields on a taxable-equivalent basis, calculated using the federal statutory tax rate of 21% and state taxes where applicable, with offsetting reductions to the Other category. (2) Total net revenue was reduced by $192 million and $180 million in the first quarters of 2022 and 2021, respectively, for credit card finance charges and fees charged off as uncollectible. Revenue from Contracts with Customers The majority of our revenue from contracts with customers consists of interchange fees, service charges and other customer-related fees, and other contract revenue. Interchange fees are primarily from our Credit Card business and are recognized upon settlement with the interchange networks, net of rewards earned by customers. Service charges and other customer-related fees within our Consumer Banking business are primarily related to fees earned on consumer deposit accounts for account maintenance and various transaction-based services such as automated teller machine (“ATM”) usage and overdrafts. Service charges and other customer-related fees within our Commercial Banking business are mostly related to fees earned on treasury management and capital markets services. Other contract revenue in our Credit Card business consists primarily of revenue from our partnership arrangements. Other contract revenue in our Consumer Banking business consists primarily of revenue earned on certain marketing and promotional events from our auto dealers. Revenue from contracts with customers is included in non-interest income in our consolidated statements of income. The following table presents revenue from contracts with customers and a reconciliation to non-interest income by business segment for the three months ended March 31, 2022 and 2021. Table 12.2: Revenue from Contracts with Customers and Reconciliation to Segment Results Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Contract revenue: Interchange fees, net (2) $ 937 $ 71 $ 24 $ 1 $ 1,033 Service charges and other customer-related fees 0 26 65 (1) 90 Other 95 17 (2) 0 110 Total contract revenue 1,032 114 87 0 1,233 Revenue (reduction) from other sources 426 (9) 190 (64) 543 Total non-interest income (loss) $ 1,458 $ 105 $ 277 $ (64) $ 1,776 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Contract revenue: Interchange fees, net (2) $ 743 $ 57 $ 17 $ 0 $ 817 Service charges and other customer-related fees 0 44 50 0 94 Other 70 19 1 0 90 Total contract revenue 813 120 68 0 1,001 Revenue (reduction) from other sources 216 21 172 (119) 290 Total non-interest income (loss) $ 1,029 $ 141 $ 240 $ (119) $ 1,291 __________ (1) Some of our commercial investments generate tax-exempt income, tax credits or other tax benefits. Accordingly, we present our Commercial Banking revenue and yields on a taxable-equivalent basis, calculated using the federal statutory tax rate of 21% and state taxes where applicable, with offsetting reductions to the Other category. (2) Interchange fees are presented net of customer reward expenses.

Commitments, Contingencies, Gua

Commitments, Contingencies, Guarantees, and Others	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies, Guarantees and Others	NOTE 13—COMMITMENTS, CONTINGENCIES, GUARANTEES AND OTHERS Commitments to Lend Our unfunded lending commitments primarily consist of credit card lines, loan commitments to customers of both our Commercial Banking and Consumer Banking businesses, as well as standby and commercial letters of credit. These commitments, other than credit card lines, are legally binding conditional agreements that have fixed expirations or termination dates and specified interest rates and purposes. The contractual amount of these commitments represents the maximum possible credit risk to us should the counterparty draw upon the commitment. We generally manage the potential risk of unfunded lending commitments by limiting the total amount of arrangements, monitoring the size and maturity structure of these portfolios and applying the same credit standards for all of our credit activities. For unused credit card lines, we have not experienced and do not anticipate that all of our customers will access their entire available line at any given point in time. Commitments to extend credit other than credit card lines generally require customers to maintain certain credit standards. Collateral requirements and loan-to-value (“LTV”) ratios are the same as those for funded transactions and are established based on management’s credit assessment of the customer. These commitments may expire without being drawn upon; therefore, the total commitment amount does not necessarily represent future funding requirements. We also issue letters of credit, such as financial standby, performance standby and commercial letters of credit, to meet the financing needs of our customers. Standby letters of credit are conditional commitments issued by us to guarantee the performance of a customer to a third party in a borrowing arrangement. Commercial letters of credit are short-term commitments issued primarily to facilitate trade finance activities for customers and are generally collateralized by the goods being shipped to the customer. These collateral requirements are similar to those for funded transactions and are established based on management’s credit assessment of the customer. Management conducts regular reviews of all outstanding letters of credit and the results of these reviews are considered in assessing the adequacy of reserves for unfunded lending commitments. The following table presents the contractual amount and carrying value of our unfunded lending commitments as of March 31, 2022 and December 31, 2021. The carrying value represents our reserve and deferred revenue on legally binding commitments. Table 13.1: Unfunded Lending Commitments Contractual Amount Carrying Value (Dollars in millions) March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Credit card lines $ 353,763 $ 368,508 N/A N/A Other loan commitments (1) 45,224 44,572 $ 155 $ 125 Standby letters of credit and commercial letters of credit (2) 1,529 1,419 30 24 Total unfunded lending commitments $ 400,516 $ 414,499 $ 185 $ 149 __________ (1) Includes $4.0 billion and $3.9 billion of advised lines of credit as of March 31, 2022 and December 31, 2021, respectively. (2) These financial guarantees have expiration dates that range from 2022 to 2027 as of March 31, 2022. Loss Sharing Agreements Within our Commercial Banking business, we originate multifamily commercial real estate loans with the intent to sell them to the GSEs. We enter into loss sharing agreements with the GSEs upon the sale of the loans. Beginning January 1, 2020, we elected the fair value option on new loss sharing agreements. Unrealized gains and losses are recorded in other non-interest income in our consolidated statements of income. For those loss sharing agreements entered into as of and prior to December 31, 2019, we amortize the liability recorded at inception into non-interest income as we are released from risk of payment under the loss sharing agreement and record our estimate of expected credit losses each period in provision for credit losses in our consolidated statements of income. The liability recognized on our consolidated balance sheets for these loss sharing agreements was $88 million and $90 million as of March 31, 2022 and December 31, 2021, respectively. See “Note 4—Allowance for Credit Losses and Reserve for Unfunded Lending Commitments” for more information related to our credit card partnership loss sharing arrangements. Litigation In accordance with the current accounting standards for loss contingencies, we establish reserves for litigation-related matters that arise from the ordinary course of our business activities when it is probable that a loss associated with a claim or proceeding has been incurred and the amount of the loss can be reasonably estimated. None of the amounts we currently have recorded individually or in the aggregate are considered to be material to our financial condition. Litigation claims and proceedings of all types are subject to many uncertain factors that generally cannot be predicted with assurance. Below we provide a description of potentially material legal proceedings and claims. For some of the matters disclosed below, we are able to estimate reasonably possible losses above existing reserves, and for other disclosed matters, such an estimate is not possible at this time. For those matters below where an estimate is possible, management currently estimates the reasonably possible future losses beyond our reserves as of March 31, 2022 are approximately $200 million. Our reserve and reasonably possible loss estimates involve considerable judgment and reflect that there is still significant uncertainty regarding numerous factors that may impact the ultimate loss levels. Notwithstanding, our attempt to estimate a reasonably possible range of loss beyond our current accrual levels for some litigation matters based on current information, it is possible that actual future losses will exceed both the current accrual level and the range of reasonably possible losses disclosed here. Given the inherent uncertainties involved in these matters, especially those involving governmental agencies, and the very large or indeterminate damages sought in some of these matters, there is significant uncertainty as to the ultimate liability we may incur from these litigation matters and an adverse outcome in one or more of these matters could be material to our results of operations or cash flows for any particular reporting period. Interchange In 2005, a putative class of retail merchants filed antitrust lawsuits against MasterCard and Visa and several issuing banks, including Capital One, seeking both injunctive relief and monetary damages for an alleged conspiracy by defendants to fix the level of interchange fees. Other merchants have asserted similar claims in separate lawsuits, and while these separate cases did not name any issuing banks, Visa, MasterCard and issuers, including Capital One, have entered settlement and judgment sharing agreements allocating the liabilities of any judgment or settlement arising from all interchange-related cases. The lawsuits were consolidated before the U.S. District Court for the Eastern District of New York for certain purposes and were settled in 2012. The class settlement, however, was invalidated by the United States Court of Appeals for the Second Circuit in June 2016, and the suit was bifurcated into separate class actions seeking injunctive and monetary relief, respectively. In addition, numerous merchant groups opted out of the 2012 settlement and have pursued their own claims. The claims by the injunctive relief class have not been resolved, but the settlement of $5.5 billion for the monetary damages class received final approval from the trial court, and has been appealed to the U.S. Court of Appeals for the Second Circuit. Visa and MasterCard have also settled a number of the opt-out cases, which required non-material payments from issuing banks, including Capital One. Visa created a litigation escrow account following its initial public offering of stock in 2008 that funds settlements for its member banks, and any settlements related to MasterCard-allocated losses have either already been paid or are reflected in our reserves. Cybersecurity Incident On July 29, 2019, we announced that on March 22 and 23, 2019 an outside individual gained unauthorized access to our systems. This individual obtained certain types of personal information relating to people who had applied for our credit card products and to our credit card customers (the “Cybersecurity Incident”). As a result of the Cybersecurity Incident, we are subject to numerous legal proceedings and other inquiries and could be the subject of additional proceedings and inquiries in the future. Consumer class actions . We were named as a defendant in approximately 75 putative consumer class action cases (primarily in U.S. courts with cases also in Canadian courts) alleging harm from the Cybersecurity Incident and seeking various remedies, including monetary and injunctive relief. The lawsuits allege breach of contract, negligence, violations of various privacy laws and a variety of other legal causes of action. The U.S. consumer class actions have been consolidated for pretrial proceedings before a multi-district litigation (“MDL”) panel in the U.S. District Court for the Eastern District of Virginia, Alexandria Division. In the third quarter of 2020, the MDL court denied in part and granted in part Capital One’s motion to dismiss and permitted pretrial discovery to continue. In the fourth quarter of 2021, the parties agreed to a settlement of the U.S. consumer class action cases for an amount within existing reserves. The parties are in the process of seeking the required court approval of the class settlement. Securities class action . The Company and certain officers have also been named as defendants in a putative class action pending in the MDL alleging violations of certain federal securities laws in connection with statements and alleged omissions in securities filings relating to our information security standards and practices. The complaint seeks certification of a class of all persons who purchased or otherwise acquired Capital One securities from July 23, 2015 to July 29, 2019, as well as unspecified monetary damages, costs and other relief. The Company’s motion to dismiss the case is pending. Governmental inquiries . We have received inquiries and requests for information relating to the Cybersecurity Incident from Congress, federal regulators, relevant Canadian regulators, the Department of Justice, and the offices of approximately fourteen state Attorneys General. We have cooperated with these offices and responded to their inquiries. In August 2020, we entered into consent orders with the Federal Reserve and the OCC resulting from regulatory reviews of the Cybersecurity Incident and relating to ongoing enhancements of our cybersecurity and operational risk management processes. We paid an $80 million penalty to the U.S. Treasury as part of the OCC agreement. The Federal Reserve agreement did not contain a monetary penalty. Taxi Medallion Finance Investigations Beginning in 2019, we have received subpoenas from the New York Attorney General’s office and from the U.S. Attorney’s Office for the Southern District of New York, Civil and Criminal Divisions, relating to investigations of the taxi medallion finance industry we exited beginning in 2015. The subpoenas seek, among other things, information regarding our lending counterparties and practices. We have cooperated with these investigations. U.K. PPI Litigation In the U.K., we previously sold payment protection insurance (“PPI”). For several years leading up to the claims submission deadline of August 29, 2019 (as set by the U.K. Financial Conduct Authority), we received customer complaints and regulatory claims relating to PPI. COEP has materially resolved the PPI complaints and regulatory claims received prior to the deadline. Some of the claimants in the U.K. PPI regulatory claims process have subsequently initiated legal proceedings, seeking additional redress. We are responding to these proceedings as we receive them. Other Pending and Threatened Litigation In addition, we are commonly subject to various pending and threatened legal actions relating to the conduct of our normal business activities. In the opinion of management, the ultimate aggregate liability, if any, arising out of all such other pending or threatened legal actions is not expected to be material to our consolidated financial position or our results of operations.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the U.S. (“U.S. GAAP”).
Use of Estimates	The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and in the related disclosures. These estimates are based on information available as of the date of the consolidated financial statements. While management makes its best judgments, actual amounts or results could differ from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information.
New Accounting Standards	Newly Adopted Accounting Standards During the Three Months Ended March 31, 2022 There were no relevant new accounting standards adopted as of March 31, 2022.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Policies)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Balance Sheet Offsetting of Financial Assets and Liabilities	Balance Sheet Offsetting of Financial Assets and Liabilities Derivative contracts and repurchase agreements that we execute bilaterally in the OTC market are generally governed by enforceable master netting agreements where we generally have the right to offset exposure with the same counterparty. Either counterparty can generally request to net settle all contracts through a single payment upon default on, or termination of, any one contract. We elect to offset the derivative assets and liabilities under master netting agreements for balance sheet presentation where a right of setoff exists. For derivative contracts entered into under master netting agreements for which we have not been able to confirm the enforceability of the setoff rights, or those not subject to master netting agreements, we do not offset our derivative positions for balance sheet presentation.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-Sale Securities in Gross Unrealized Loss Position	The table below provides the gross unrealized losses and fair value of our securities available for sale aggregated by major security type and the length of time that individual securities have been in a continuous unrealized loss position as of March 31, 2022 and December 31, 2021. The amounts include securities available for sale without an allowance for credit losses. Table 2.2: Securities in a Gross Unrealized Loss Position March 31, 2022 Less than 12 Months 12 Months or Longer Total (Dollars in millions) Fair Value Gross Fair Value Gross Fair Value Gross Investment securities available for sale without an allowance for credit losses: U.S. Treasury securities $ 3,960 $ (29) $ 0 $ 0 $ 3,960 $ (29) RMBS: Agency 40,778 (2,263) 17,358 (1,736) 58,136 (3,999) Non-agency 14 0 0 0 14 0 Total RMBS 40,792 (2,263) 17,358 (1,736) 58,150 (3,999) Agency CMBS 5,106 (204) 1,173 (100) 6,279 (304) Other securities (1) 1,524 (12) 0 0 1,524 (12) Total investment securities available for sale in a gross unrealized loss position without an allowance for credit losses (2) $ 51,382 $ (2,508) $ 18,531 $ (1,836) $ 69,913 $ (4,344) December 31, 2021 Less than 12 Months 12 Months or Longer Total (Dollars in millions) Fair Value Gross Fair Value Gross Fair Value Gross Investment securities available for sale without an allowance for credit losses: RMBS: Agency $ 37,492 $ (632) $ 8,606 $ (299) $ 46,098 $ (931) Non-agency 3 0 1 0 4 0 Total RMBS 37,495 (632) 8,607 (299) 46,102 (931) Agency CMBS 2,999 (36) 803 (27) 3,802 (63) Other securities (1) 1,207 (2) 0 0 1,207 (2) Total investment securities available for sale in a gross unrealized loss position without an allowance for credit losses (2) $ 41,701 $ (670) $ 9,410 $ (326) $ 51,111 $ (996) __________ (1) Includes primarily ABS, foreign government bonds, and supranational bonds. (2) Consists of approxima tely 1790 and 740 se cur ities in gross unrealized loss positions as of March 31, 2022 and December 31, 2021, respectively.
Schedule of Contractual Maturities for Securities	The table below summarizes, as of March 31, 2022, the fair value of our investment securities by major security type and contractual maturity as well as the total fair value, amortized cost and weighted-average yields of our investment securities by contractual maturity. Because borrowers may have the right to call or prepay certain obligations, the expected maturities of our securities are likely to differ from the scheduled contractual maturities presented below. The weighted-average yield below represents the effective yield for the investment securities and is calculated based on the amortized cost of each security. Table 2.3: Contractual Maturities and Weighted-Average Yields of Securities March 31, 2022 (Dollars in millions) Due in Due > 1 Year Due > 5 Years Due > 10 Years Total Fair value of securities available for sale: U.S. Treasury securities $ 5,338 $ 4,159 $ 0 $ 0 $ 9,497 RMBS (1) : Agency 0 124 1,070 66,330 67,524 Non-agency 0 0 0 901 901 Total RMBS 0 124 1,070 67,231 68,425 Agency CMBS (1) 506 2,117 3,860 1,882 8,365 Other securities 291 2,195 303 0 2,789 Total securities available for sale $ 6,135 $ 8,595 $ 5,233 $ 69,113 $ 89,076 Amortized cost of securities available for sale $ 6,130 $ 8,694 $ 5,401 $ 72,748 $ 92,973 Weighted-average yield for securities available for sale 0.39 % 0.89 % 1.91 % 1.96 % 1.75 % __________ (1) As of March 31, 2022, the weighted-average expected maturities of RMBS and Agency CMBS were 6.5 years and 5.4 years years, respectively.
Schedule of Available-for-Sale Securities	The table below presents the amortized cost, allowance for credit losses, gross unrealized gains and losses, and fair value aggregated by major security type as of March 31, 2022 and December 31, 2021. Accrued interest receivable of $219 million and $207 million as of March 31, 2022 and December 31, 2021, respectively, is not included in the table below. Table 2.1: Investment Securities Available for Sale March 31, 2022 (Dollars in millions) Amortized Allowance Gross Gross Fair Investment securities available for sale: U.S. Treasury securities $ 9,521 $ 0 $ 5 $ (29) $ 9,497 RMBS: Agency 71,292 0 231 (3,999) 67,524 Non-agency 728 (1) 175 (1) 901 Total RMBS 72,020 (1) 406 (4,000) 68,425 Agency CMBS 8,634 0 35 (304) 8,365 Other securities (1) 2,798 0 3 (12) 2,789 Total investment securities available for sale $ 92,973 $ (1) $ 449 $ (4,345) $ 89,076 December 31, 2021 (Dollars in millions) Amortized Allowance Gross Gross Fair Investment securities available for sale: U.S. Treasury securities $ 9,419 $ 0 $ 23 $ 0 $ 9,442 RMBS: Agency 72,593 0 958 (931) 72,620 Non-agency 792 (1) 205 0 996 Total RMBS 73,385 (1) 1,163 (931) 73,616 Agency CMBS 9,237 0 195 (63) 9,369 Other securities (1) 2,830 0 6 (2) 2,834 Total investment securities available for sale $ 94,871 $ (1) $ 1,387 $ (996) $ 95,261 __________ (1) Includes $2.0 billion of asset-backed securities (“ABS”) as of both March 31, 2022 and December 31, 2021. The remaining amount is primarily comprised of supranational bonds and foreign government bonds.

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loan Portfolio Composition and Aging Analysis	The table below presents the composition and aging analysis of our loans held for investment portfolio as of March 31, 2022 and December 31, 2021. The delinquency aging includes all past due loans, both performing and nonperforming. Table 3.1: Loan Portfolio Composition and Aging Analysis March 31, 2022 Delinquent Loans (Dollars in millions) Current 30-59 60-89 > 90 Days Total Total Credit Card: Domestic credit card $ 105,484 $ 754 $ 558 $ 1,191 $ 2,503 $ 107,987 International card businesses 5,756 75 50 94 219 5,975 Total credit card 111,240 829 608 1,285 2,722 113,962 Consumer Banking: Auto 75,319 2,268 812 205 3,285 78,604 Retail banking 1,692 9 5 20 34 1,726 Total consumer banking 77,011 2,277 817 225 3,319 80,330 Commercial Banking: Commercial and multifamily real estate 34,272 31 9 42 82 34,354 Commercial and industrial 51,746 15 8 51 74 51,820 Total commercial banking 86,018 46 17 93 156 86,174 Total loans (1) $ 274,269 $ 3,152 $ 1,442 $ 1,603 $ 6,197 $ 280,466 % of Total loans 97.79 % 1.13 % 0.51 % 0.57 % 2.21 % 100.00 % December 31, 2021 Delinquent Loans (Dollars in millions) Current 30-59 60-89 > 90 Days Total Total Credit Card: Domestic credit card $ 106,312 $ 773 $ 528 $ 1,110 $ 2,411 $ 108,723 International card businesses 5,836 77 50 86 213 6,049 Total credit card 112,148 850 578 1,196 2,624 114,772 Consumer Banking: Auto 72,221 2,385 933 240 3,558 75,779 Retail banking 1,807 35 7 18 60 1,867 Total consumer banking 74,028 2,420 940 258 3,618 77,646 Commercial Banking: Commercial and multifamily real estate 35,100 92 35 35 162 35,262 Commercial and industrial 49,379 139 103 39 281 49,660 Total commercial banking 84,479 231 138 74 443 84,922 Total loans (1) $ 270,655 $ 3,501 $ 1,656 $ 1,528 $ 6,685 $ 277,340 % of Total loans 97.59 % 1.26 % 0.60 % 0.55 % 2.41 % 100.00 % __________ (1) Loans include unamortized premiums and discounts, and unamortized deferred fees and costs totaling $1.4 billion as of both March 31, 2022 and December 31, 2021.
90 Plus Day Delinquent Loans Accruing Interest and Nonperforming Loans	The following table presents our loans held for investment that are 90 days or more past due that continue to accrue interest, loans that are classified as nonperforming and loans that are classified as nonperforming without an allowance as of March 31, 2022 and December 31, 2021. Nonperforming loans generally include loans that have been placed on nonaccrual status. Table 3.2: 90+ Day Delinquent Loans Accruing Interest and Nonperforming Loans March 31, 2022 December 31, 2021 (Dollars in millions) > 90 Days and Accruing Nonperforming Loans (1) Nonperforming > 90 Days and Accruing Nonperforming Loans (1) Nonperforming Credit Card: Domestic credit card $ 1,191 N/A $ 0 $ 1,110 N/A $ 0 International card businesses 91 $ 8 0 82 $ 10 0 Total credit card 1,282 8 0 1,192 10 0 Consumer Banking: Auto 0 325 0 0 344 0 Retail banking 0 45 0 0 47 4 Total consumer banking 0 370 0 0 391 4 Commercial Banking: Commercial and multifamily real estate 12 335 221 3 383 268 Commercial and industrial 0 360 235 0 316 257 Total commercial banking 12 695 456 3 699 525 Total $ 1,294 $ 1,073 $ 456 $ 1,195 $ 1,100 $ 529 % of Total loans held for investment 0.46 % 0.38 % 0.16 % 0.43 % 0.40 % 0.19 % __________ (1) We recognized interest income for loans classified as nonperforming of $1 million as of both March 31, 2022 and 2021.
Financing Receivable, Allowance for Credit Loss [Line Items]
TDR Disclosures	The following tables present the major modification types, amortized cost amounts and financial effects of loans modified in a TDR during the three months ended March 31, 2022 and 2021. Table 3.6: Troubled Debt Restructurings Three Months Ended March 31, 2022 Reduced Interest Rate Term Extension (Dollars in millions) Total Loans Modified (1) % of TDR Activity (2) Average Rate Reduction % of TDR Activity (2) Average Term Extension (Months) Credit Card: Domestic credit card $ 62 100 % 14.67 % 0 % 0 International card businesses 34 100 28.00 0 0 Total credit card 96 100 19.40 0 0 Consumer Banking: Auto 239 55 8.80 97 4 Retail banking 1 0 0.00 100 6 Total consumer banking 240 55 8.80 97 4 Commercial Banking: Commercial and multifamily real estate 131 7 0.59 62 12 Commercial and industrial 38 0 0.00 86 10 Total commercial banking 169 6 0.59 68 11 Total $ 505 47 17.98 69 7 Three Months Ended March 31, 2021 Reduced Interest Rate Term Extension (Dollars in millions) Total Loans Modified (1) % of TDR Activity (2) Average Rate Reduction % of TDR Activity (2) Average Term Extension (Months) Credit Card: Domestic credit card $ 44 100 % 16.12 % 0 % 0 International card businesses 39 100 27.74 0 0 Total credit card 83 100 21.58 0 0 Consumer Banking: Auto 115 35 9.02 95 3 Total consumer banking 115 35 9.02 95 3 Commercial Banking: Commercial and multifamily real estate 20 0 0.00 100 14 Commercial and industrial 44 0 0.00 25 2 Total commercial banking 64 0 0.00 48 10 Total $ 262 47 33.62 54 5 __________ (1) Represents the amortized cost of total loans modified in TDR at the end of the period in which they were modified. As not every modification type is included in the table above, the total percentage of TDR activity may not add up to 100%. Some loans may receive more than one type of modification. (2) Due to multiple modification types granted to some troubled borrowers, percentages may total more than 100% for certain loan types. The following table presents the type, number and amortized cost of loans modified in a TDR that experienced a default during the period and had completed a modification event in the twelve months prior to the default. A default occurs if the loan is either 90 days or more delinquent, has been charged off as of the end of the period presented or has been reclassified from accrual to nonaccrual status. Table 3.7: TDR—Subsequent Defaults Three Months Ended March 31, 2022 2021 (Dollars in millions) Number of Contracts Amount Number of Contracts Amount Credit Card: Domestic credit card 6,012 $ 11 5,134 $ 10 International card businesses 16,507 19 17,202 28 Total credit card 22,519 30 22,336 38 Consumer Banking: Auto 1,971 33 2,031 29 Retail banking 0 0 5 0 Total consumer banking 1,971 33 2,036 29 Commercial Banking: Commercial and industrial 1 31 0 0 Total commercial banking 1 31 0 0 Total 24,491 $ 94 24,372 $ 67
Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Credit Quality Indicator	The table below presents our credit card portfolio by delinquency status as of March 31, 2022 and December 31, 2021. Table 3.3: Credit Card Delinquency Status March 31, 2022 December 31, 2021 (Dollars in millions) Revolving Loans Revolving Loans Converted to Term Total Revolving Loans Revolving Loans Converted to Term Total Credit Card: Domestic credit card: Current $ 105,190 $ 294 $ 105,484 $ 105,985 $ 327 $ 106,312 30-59 days 742 12 754 760 13 773 60-89 days 550 8 558 519 9 528 Greater than 90 days 1,181 10 1,191 1,100 10 1,110 Total domestic credit card 107,663 324 107,987 108,364 359 108,723 International card businesses: Current 5,718 38 5,756 5,795 41 5,836 30-59 days 71 4 75 73 4 77 60-89 days 47 3 50 47 3 50 Greater than 90 days 90 4 94 82 4 86 Total international card businesses 5,926 49 5,975 5,997 52 6,049 Total credit card $ 113,589 $ 373 $ 113,962 $ 114,361 $ 411 $ 114,772
Consumer Banking
Financing Receivable, Allowance for Credit Loss [Line Items]
Credit Quality Indicator	The table below presents our consumer banking portfolio of loans held for investment by credit quality indicator as of March 31, 2022 and December 31, 2021. We present our auto loan portfolio by FICO scores at origination and our retail banking loan portfolio by delinquency status, which includes all past due loans, both performing and nonperforming. Table 3.4: Consumer Banking Portfolio by Credit Quality Indicator March 31, 2022 Term Loans by Vintage Year (Dollars in millions) 2022 2021 2020 2019 2018 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Auto — At origination FICO scores: (1) Greater than 660 $ 6,942 $ 18,859 $ 7,644 $ 4,089 $ 1,978 $ 1,052 $ 40,564 $ 0 $ 0 $ 40,564 621-660 2,124 6,797 3,276 1,820 909 520 15,446 0 0 15,446 620 or below 2,489 8,707 5,596 3,272 1,559 971 22,594 0 0 22,594 Total auto 11,555 34,363 16,516 9,181 4,446 2,543 78,604 0 0 78,604 Retail banking—Delinquency status: Current 111 195 114 161 155 614 1,350 336 6 1,692 30-59 days 0 0 1 0 0 1 2 7 0 9 60-89 days 0 1 2 0 0 0 3 2 0 5 Greater than 90 days 0 0 0 0 3 12 15 3 2 20 Total retail banking (2) 111 196 117 161 158 627 1,370 348 8 1,726 Total consumer banking $ 11,666 $ 34,559 $ 16,633 $ 9,342 $ 4,604 $ 3,170 $ 79,974 $ 348 $ 8 $ 80,330 December 31, 2021 Term Loans by Vintage Year (Dollars in millions) 2021 2020 2019 2018 2017 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Auto — At origination FICO scores: (1) Greater than 660 $ 20,758 $ 8,630 $ 4,739 $ 2,394 $ 1,153 $ 301 $ 37,975 $ 0 $ 0 $ 37,975 621-660 7,456 3,721 2,109 1,084 537 157 15,064 0 0 15,064 620 or below 9,522 6,336 3,767 1,840 949 326 22,740 0 0 22,740 Total auto 37,736 18,687 10,615 5,318 2,639 784 75,779 0 0 75,779 Retail banking—Delinquency status: Current 285 171 172 161 176 491 1,456 345 6 1,807 30-59 days 0 2 2 7 0 1 12 23 0 35 60-89 days 0 4 0 0 0 2 6 1 0 7 Greater than 90 days 0 1 0 1 1 9 12 4 2 18 Total retail banking (2) 285 178 174 169 177 503 1,486 373 8 1,867 Total consumer banking $ 38,021 $ 18,865 $ 10,789 $ 5,487 $ 2,816 $ 1,287 $ 77,265 $ 373 $ 8 $ 77,646 __________ (1) Amounts represent period-end loans held for investment in each credit score category. Auto credit scores generally represent average FICO scores obtained from three credit bureaus at the time of application and are not refreshed thereafter. Balances for which no credit score is available or the credit score is invalid are included in the 620 or below category. (2) Includes PPP loans of $112 million and $232 million as of March 31, 2022 and December 31, 2021, respectively .
Commercial Banking
Financing Receivable, Allowance for Credit Loss [Line Items]
Credit Quality Indicator	The following table presents our commercial banking portfolio of loans held for investment by internal risk ratings as of March 31, 2022 and December 31, 2021. The internal risk rating status includes all past due loans, both performing and nonperforming. Table 3.5: Commercial Banking Portfolio by Internal Risk Ratings March 31, 2022 Term Loans by Vintage Year (Dollars in millions) 2022 2021 2020 2019 2018 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Internal risk rating: (1) Commercial and multifamily real estate Noncriticized $ 2,602 $ 5,454 $ 1,955 $ 2,922 $ 2,222 $ 4,061 $ 19,216 $ 11,831 $ 120 $ 31,167 Criticized performing 262 108 286 423 230 1,483 2,792 60 0 2,852 Criticized nonperforming 0 0 0 87 19 229 335 0 0 335 Total commercial and multifamily real estate 2,864 5,562 2,241 3,432 2,471 5,773 22,343 11,891 120 34,354 Commercial and industrial Noncriticized 6,318 9,704 6,415 4,586 2,527 4,269 33,819 15,419 181 49,419 Criticized performing 356 220 149 508 184 160 1,577 464 0 2,041 Criticized nonperforming 16 19 51 148 54 41 329 31 0 360 Total commercial and industrial 6,690 9,943 6,615 5,242 2,765 4,470 35,725 15,914 181 51,820 Total commercial banking (2) $ 9,554 $ 15,505 $ 8,856 $ 8,674 $ 5,236 $ 10,243 $ 58,068 $ 27,805 $ 301 $ 86,174 December 31, 2021 Term Loans by Vintage Year (Dollars in millions) 2021 2020 2019 2018 2017 Prior Total Term Loans Revolving Loans Revolving Loans Converted to Term Total Internal risk rating: (1) Commercial and multifamily real estate Noncriticized $ 6,590 $ 2,924 $ 3,393 $ 2,401 $ 793 $ 3,538 $ 19,639 $ 12,286 $ 0 $ 31,925 Criticized performing 248 195 329 317 261 1,478 2,828 101 25 2,954 Criticized nonperforming 0 0 88 20 9 266 383 0 0 383 Total commercial and multifamily real estate 6,838 3,119 3,810 2,738 1,063 5,282 22,850 12,387 25 35,262 Commercial and industrial Noncriticized 12,662 7,039 5,506 2,750 1,730 3,033 32,720 14,310 59 47,089 Criticized performing 279 188 838 207 120 167 1,799 456 0 2,255 Criticized nonperforming 32 52 85 93 6 10 278 38 0 316 Total commercial and industrial 12,973 7,279 6,429 3,050 1,856 3,210 34,797 14,804 59 49,660 Total commercial banking (2) $ 19,811 $ 10,398 $ 10,239 $ 5,788 $ 2,919 $ 8,492 $ 57,647 $ 27,191 $ 84 $ 84,922 __________ (1) Criticized exposures correspond to the “Special Mention,” “Substandard” and “Doubtful” asset categories defined by bank regulatory authorities. (2) Includes PPP loans of $53 million and $102 million as of March 31, 2022 and December 31, 2021, respectively.

Allowance for Credit Losses a_2

Allowance for Credit Losses and Reserve for Unfunded Lending Commitments (Tables)	3 Months Ended
	Mar. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance for Credit Losses on Financing Receivables	The table below summarizes changes in the allowance for credit losses and reserve for unfunded lending commitments by portfolio segment for the three months ended March 31, 2022 and 2021. Our allowance for credit losses was substantially flat at $11.3 billion as of March 31, 2022 compared to $11.4 billion as of December 31, 2021. Table 4.1: Allowance for Credit Losses and Reserve for Unfunded Lending Commitments Activity Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Allowance for credit losses: Balance as of December 31, 2021 $ 8,345 $ 1,918 $ 1,167 $ 11,430 Charge-offs (955) (349) (17) (1,321) Recoveries (1) 348 203 3 554 Net charge-offs (607) (146) (14) (767) Provision (benefit) for credit losses 545 130 (27) 648 Allowance build (release) for credit losses (62) (16) (41) (119) Other changes (2) (3) 0 0 (3) Balance as of March 31, 2022 8,280 1,902 1,126 11,308 Reserve for unfunded lending commitments: Balance as of December 31, 2021 0 0 165 165 Provision for losses on unfunded lending commitments 0 0 35 35 Balance as of March 31, 2022 0 0 200 200 Combined allowance and reserve as of March 31, 2022 $ 8,280 $ 1,902 $ 1,326 $ 11,508 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Allowance for credit losses: Balance as of December 31, 2020 $ 11,191 $ 2,715 $ 1,658 $ 15,564 Charge-offs (993) (342) (19) (1,354) Recoveries (1) 360 251 3 614 Net charge-offs (633) (91) (16) (740) Provision (benefit) for credit losses (492) (126) (195) (813) Allowance build (release) for credit losses (1,125) (217) (211) (1,553) Other changes (2) 6 0 0 6 Balance as of March 31, 2021 10,072 2,498 1,447 14,017 Reserve for unfunded lending commitments: Balance as of December 31, 2020 0 0 195 195 Provision (benefit) for losses on unfunded lending commitments 0 0 (8) (8) Balance as of March 31, 2021 0 0 187 187 Combined allowance and reserve as of March 31, 2021 $ 10,072 $ 2,498 $ 1,634 $ 14,204 __________ (1) The amount and timing of recoveries are impacted by our collection strategies, which are based on customer behavior and risk profile and include direct customer communications, repossession of collateral, the periodic sale of charged off loans as well as additional strategies, such as litigation. (2) Represents foreign currency translation adjustments.
Schedule of Loss Sharing Arrangement Impact	The table below summarizes the changes in the estimated reimbursements from these partners for the three months ended March 31, 2022 and 2021. Table 4.2: Summary of Credit Card Partnership Loss Sharing Arrangements Impacts Three Months Ended March 31, (Dollars in millions) 2022 2021 Estimated reimbursements from partners, beginning of period $ 1,450 $ 2,159 Amounts due from partners which reduced net charge-offs (107) (141) Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses 23 (13) Estimated reimbursements from partners, end of period $ 1,366 $ 2,005

Variable Interest Entities an_2

Variable Interest Entities and Securitizations (Tables)	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities and Securitization [Abstract]
Carrying Amount of Assets and Liabilities of Variable Interest Entities	The tables below present a summary of VIEs in which we had continuing involvement or held a significant variable interest, aggregated based on VIEs with similar characteristics as of March 31, 2022 and December 31, 2021. We separately present information for consolidated and unconsolidated VIEs. Table 5.1: Carrying Amount of Consolidated and Unconsolidated VIEs March 31, 2022 Consolidated Unconsolidated (Dollars in millions) Carrying Amount of Assets Carrying Amount of Liabilities Carrying Amount of Assets Carrying Amount of Liabilities Maximum Exposure to Loss Securitization-Related VIEs: (1) Credit card loan securitizations (2) $ 20,127 $ 12,348 $ 0 $ 0 $ 0 Auto loan securitizations 2,229 1,890 0 0 0 Total securitization-related VIEs 22,356 14,238 0 0 0 Other VIEs: (3) Affordable housing entities 297 53 4,703 1,439 4,703 Entities that provide capital to low-income and rural communities 2,198 26 0 0 0 Other 0 0 367 0 367 Total other VIEs 2,495 79 5,070 1,439 5,070 Total VIEs $ 24,851 $ 14,317 $ 5,070 $ 1,439 $ 5,070 December 31, 2021 Consolidated Unconsolidated (Dollars in millions) Carrying Amount of Assets Carrying Amount of Liabilities Carrying Amount of Assets Carrying Amount of Liabilities Maximum Exposure to Loss Securitization-Related VIEs: (1) Credit card loan securitizations (2) $ 21,569 $ 13,016 $ 0 $ 0 $ 0 Auto loan securitizations 2,552 2,187 0 0 0 Total securitization-related VIEs 24,121 15,203 0 0 0 Other VIEs: (3) Affordable housing entities 263 27 4,774 1,454 4,774 Entities that provide capital to low-income and rural communities 2,074 26 0 0 0 Other 0 0 383 0 383 Total other VIEs 2,337 53 5,157 1,454 5,157 Total VIEs $ 26,458 $ 15,256 $ 5,157 $ 1,454 $ 5,157 __________ (1) Excludes insignificant VIEs from previously exited businesses. (2) Represents the carrying amount of assets and liabilities of the VIE, which includes the seller’s interest and repurchased notes held by other related parties. (3) In certain investment structures, we consolidate a VIE which in turn holds as its primary asset an investment in an unconsolidated VIE. In these instances, we disclose the carrying amount of assets and liabilities on our consolidated balance sheets as unconsolidated VIEs to avoid duplicating our exposure, as the unconsolidated VIEs are generally the operating entities generating the exposure. The carrying amount of assets and liabilities included in the unconsolidated VIE columns above related to these investment structures were $2.2 billion of assets and $551 million of liabilities as of March 31, 2022, and $2.2 billion of assets and $568 million of liabilities as of December 31, 2021.
External Debt and Receivable Balances of Securitization Programs	The table below presents our continuing involvement in certain securitization-related VIEs as of March 31, 2022 and December 31, 2021. Table 5.2: Continuing Involvement in Securitization-Related VIEs (Dollars in millions) Credit Card Auto March 31, 2022: Securities held by third-party investors $ 11,851 $ 1,889 Receivables in the trusts 20,860 2,101 Cash balance of spread or reserve accounts 0 13 Retained interests Yes Yes Servicing retained Yes Yes December 31, 2021: Securities held by third-party investors $ 12,808 $ 2,186 Receivables in the trust 22,454 2,418 Cash balance of spread or reserve accounts 0 13 Retained interests Yes Yes Servicing retained Yes Yes

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Goodwill, Intangible Assets and MSRs	The table below presents our goodwill, other intangible assets and MSRs as of March 31, 2022 and December 31, 2021. Goodwill is presented separately, while other intangible assets and MSRs are included in other assets on our consolidated balance sheets. Table 6.1: Components of Goodwill, Other Intangible Assets and MSRs March 31, 2022 (Dollars in millions) Carrying Amount of Assets Accumulated Amortization Net Carrying Amount Goodwill $ 14,784 N/A $ 14,784 Other intangible assets: Purchased credit card relationship (“PCCR”) intangibles 29 $ (12) 17 Other (1) 213 (133) 80 Total other intangible assets 242 (145) 97 Total goodwill and other intangible assets $ 15,026 $ (145) $ 14,881 Commercial MSRs (2) $ 641 $ (210) $ 431 December 31, 2021 (Dollars in millions) Carrying Amount of Assets Accumulated Amortization Net Carrying Amount Goodwill $ 14,782 N/A $ 14,782 Other intangible assets: Purchased credit card relationship (“PCCR”) intangibles 29 $ (10) 19 Other (1) 213 (121) 92 Total other intangible assets 242 (131) 111 Total goodwill and other intangible assets $ 15,024 $ (131) $ 14,893 Commercial MSRs (2) $ 622 $ (202) $ 420 __________ (1) Primarily consists of intangibles for sponsorship, customer and merchant relationships, partnership, trade names and other customer contract intangibles.
Goodwill by Business Segments	Goodwill The following table presents changes in carrying amount of goodwill by each of our business segments as of March 31, 2022 and December 31, 2021 Table 6.2: Goodwill by Business Segments (Dollars in millions) Credit Card Consumer Banking Commercial Banking Total Balance as of December 31, 2021 $ 5,087 $ 4,645 $ 5,050 $ 14,782 Other adjustments (1) (2) 0 4 2 Balance as of March 31, 2022 $ 5,085 $ 4,645 $ 5,054 $ 14,784 __________

Deposits and Borrowings (Tables

Deposits and Borrowings (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Components of Deposits, Short-Term Borrowings and Long-Term Debt	The following tables summarize the components of our deposits, short-term borrowings and long-term debt as of March 31, 2022 and December 31, 2021. The carrying value presented below for these borrowings includes unamortized debt premiums and discounts, net of debt issuance costs and fair value hedge accounting adjustments. Table 7.1: Components of Deposits, Short-Term Borrowings and Long-Term Debt (Dollars in millions) March 31, 2022 December 31, 2021 Deposits: Non-interest-bearing deposits $ 37,781 $ 38,043 Interest-bearing deposits (1) 275,648 272,937 Total deposits $ 313,429 $ 310,980 Short-term borrowings: Federal funds purchased and securities loaned or sold under agreements to repurchase $ 594 $ 820 Short-term FHLB advances 4,000 0 Total short-term borrowings $ 4,594 $ 820 March 31, 2022 December 31, 2021 (Dollars in millions) Maturity Dates Stated Interest Rates Weighted-Average Interest Rate Carrying Value Carrying Value Long-term debt: Securitized debt obligations 2022-2028 0.13% - 2.80% 1.59% $ 13,740 $ 14,994 Senior and subordinated notes: Fixed unsecured senior debt (2) 2022-2032 0.80 - 4.25 2.94 20,182 19,975 Floating unsecured senior debt 2022-2024 0.96 - 1.16 1.01 1,485 1,709 Total unsecured senior debt 2.81 21,667 21,684 Fixed unsecured subordinated debt 2023-2032 2.36 - 4.20 3.52 5,309 5,535 Total senior and subordinated notes 26,976 27,219 Other long-term borrowings: Finance lease liabilities 2022-2031 0.30 - 9.91 3.45 48 53 Total other long-term borrowings 48 53 Total long-term debt $ 40,764 $ 42,266 Total short-term borrowings and long-term debt $ 45,358 $ 43,086 __________ (1) Includes $1.7 billion and $1.8 billion of time deposits in denominations in excess of the $250,000 federal insurance limit as of March 31, 2022 and December 31, 2021, respectively. (2) Includes $1.3 billion and $1.4 billion of EUR-denominated unsecured notes as of March 31, 2022 and December 31, 2021, respectively.

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Assets and Liabilities at Fair Value	The following table summarizes the notional amounts and fair values of our derivative instruments as of March 31, 2022 and December 31, 2021, which are segregated by derivatives that are designated as accounting hedges and those that are not, and are further segregated by type of contract within those two categories. The total derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and any associated cash collateral received or pledged. Derivative assets and liabilities are included in other assets and other liabilities, respectively, on our consolidated balance sheets, and their related gains or losses are included in operating activities as changes in other assets and other liabilities in the consolidated statements of cash flows. Table 8.1: Derivative Assets and Liabilities at Fair Value March 31, 2022 December 31, 2021 Notional or Contractual Amount Derivative (1) Notional or Contractual Amount Derivative (1) (Dollars in millions) Assets Liabilities Assets Liabilities Derivatives designated as accounting hedges: Interest rate contracts: Fair value hedges $ 50,665 $ 7 $ 6 $ 49,659 $ 2 $ 3 Cash flow hedges 53,900 25 151 52,400 244 16 Total interest rate contracts 104,565 32 157 102,059 246 19 Foreign exchange contracts: Fair value hedges 1,383 0 67 1,421 13 0 Cash flow hedges 3,145 19 28 4,679 24 20 Net investment hedges 3,499 110 13 3,459 43 0 Total foreign exchange contracts 8,027 129 108 9,559 80 20 Total derivatives designated as accounting hedges 112,592 161 265 111,618 326 39 Derivatives not designated as accounting hedges: Customer accommodation: Interest rate contracts 77,158 355 777 71,724 620 194 Commodity contracts 25,385 3,890 3,746 22,021 1,669 1,561 Foreign exchange and other contracts 4,271 55 47 3,779 40 42 Total customer accommodation 106,814 4,300 4,570 97,524 2,329 1,797 Other interest rate exposures (2) 2,871 55 23 1,899 33 25 Other contracts 2,097 3 (5) 2,028 2 7 Total derivatives not designated as accounting hedges 111,782 4,358 4,588 101,451 2,364 1,829 Total derivatives $ 224,374 $ 4,519 $ 4,853 $ 213,069 $ 2,690 $ 1,868 Less: netting adjustment (3) (761) (1,282) (542) (544) Total derivative assets/liabilities $ 3,758 $ 3,571 $ 2,148 $ 1,324 __________ (1) Does not reflect $10 million and $11 million recognized as a net valuation allowance on derivative assets and liabilities for non-performance risk as of March 31, 2022 and December 31, 2021 , respectively. Non-performance risk is included in derivative assets and liabilities, which are part of other assets and other liabilities on the consolidated balance sheets, and is offset through non-interest income in the consolidated statements of income. (2) Other interest rate exposures include commercial mortgage-related derivatives and interest rate swaps. (3) Represents balance sheet netting of derivative assets and liabilities, and related payables and receivables for cash collateral held or placed with the same counterparty.
Hedged Item in Fair Value Hedging Relationship	The following table summarizes the carrying value of our hedged assets and liabilities in fair value hedges and the associated cumulative basis adjustments included in those carrying values, excluding basis adjustments related to foreign currency risk, as of March 31, 2022 and December 31, 2021. Table 8.2: Hedged Items in Fair Value Hedging Relationships March 31, 2022 December 31, 2021 Carrying Amount Assets/(Liabilities) Cumulative Amount of Basis Adjustments Included in the Carrying Amount Carrying Amount Assets/(Liabilities) Cumulative Amount of Basis Adjustments Included in the Carrying Amount (Dollars in millions) Total Assets/(Liabilities) Discontinued-Hedging Relationships Total Assets/(Liabilities) Discontinued-Hedging Relationships Line item on our consolidated balance sheets in which the hedged item is included: Investment securities available for sale (1)(2) $ 9,125 $ 85 $ 263 $ 10,327 $ 286 $ 295 Interest-bearing deposits (7,670) 68 (1) (7,361) (47) (1) Securitized debt obligations (10,798) 352 1 (11,155) 49 3 Senior and subordinated notes (23,497) 370 (658) (22,777) (531) (708) __________ (1) These amounts include the amortized cost basis of our investment securities designated in hedging relationships for which the hedged item is the last layer expected to be remaining at the end of the hedging relationship. The amortized cost basis of this portfolio was $240 million, the amount of the designated hedged items was $225 million, and the cumulative basis adjustments associated with these hedges was $9 million and $3 million as of March 31, 2022 and December 31, 2021, respectively. (2) Carrying value represents amortized cost.
Offsetting Assets	The following table presents the gross and net fair values of our derivative assets, derivative liabilities, resale and repurchase agreements and the related offsetting amounts permitted under U.S. GAAP as of March 31, 2022 and December 31, 2021. The table also includes cash and non-cash collateral received or pledged in accordance with such arrangements. The amount of collateral presented, however, is limited to the amount of the related net derivative fair values or outstanding balances; therefore, instances of over-collateralization are excluded. Table 8.3: Offsetting of Financial Assets and Financial Liabilities Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Held Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Received As of March 31, 2022 Derivative assets (1) $ 4,519 $ (425) $ (336) $ 3,758 $ 0 $ 3,758 As of December 31, 2021 Derivative assets (1) 2,690 (252) (290) 2,148 0 2,148 Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Pledged Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Pledged As of March 31, 2022 Derivative liabilities (1) $ 4,853 $ (425) $ (857) $ 3,571 $ 0 $ 3,571 Repurchase agreements (2) 594 0 0 594 (594) 0 As of December 31, 2021 Derivative liabilities (1) 1,868 (252) (292) 1,324 0 1,324 Repurchase agreements (2) 820 0 0 820 (820) 0 __________ (1) We received cash collateral from derivative counterparties totaling $391 million and $377 million as of March 31, 2022 and December 31, 2021, respectively. We also received securities from derivative counterparties with a fair value of $15 million for March 31, 2022 and approximately $1 million for December 31, 2021, respectively, which we have the ability to re-pledge. We posted $3.8 billion and $2.0 billion of cash collateral as of March 31, 2022 and December 31, 2021, respectively. (2) Under our customer repurchase agreements, which mature the next business day, we pledged collateral with a fair value of $606 million and $836 million as of March 31, 2022 and December 31, 2021, respectively, primarily consisting of agency RMBS securities.
Offsetting Liabilities	The following table presents the gross and net fair values of our derivative assets, derivative liabilities, resale and repurchase agreements and the related offsetting amounts permitted under U.S. GAAP as of March 31, 2022 and December 31, 2021. The table also includes cash and non-cash collateral received or pledged in accordance with such arrangements. The amount of collateral presented, however, is limited to the amount of the related net derivative fair values or outstanding balances; therefore, instances of over-collateralization are excluded. Table 8.3: Offsetting of Financial Assets and Financial Liabilities Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Held Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Received As of March 31, 2022 Derivative assets (1) $ 4,519 $ (425) $ (336) $ 3,758 $ 0 $ 3,758 As of December 31, 2021 Derivative assets (1) 2,690 (252) (290) 2,148 0 2,148 Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts as Recognized Securities Collateral Pledged Under Master Netting Agreements Net Exposure (Dollars in millions) Financial Instruments Cash Collateral Pledged As of March 31, 2022 Derivative liabilities (1) $ 4,853 $ (425) $ (857) $ 3,571 $ 0 $ 3,571 Repurchase agreements (2) 594 0 0 594 (594) 0 As of December 31, 2021 Derivative liabilities (1) 1,868 (252) (292) 1,324 0 1,324 Repurchase agreements (2) 820 0 0 820 (820) 0 __________ (1) We received cash collateral from derivative counterparties totaling $391 million and $377 million as of March 31, 2022 and December 31, 2021, respectively. We also received securities from derivative counterparties with a fair value of $15 million for March 31, 2022 and approximately $1 million for December 31, 2021, respectively, which we have the ability to re-pledge. We posted $3.8 billion and $2.0 billion of cash collateral as of March 31, 2022 and December 31, 2021, respectively. (2) Under our customer repurchase agreements, which mature the next business day, we pledged collateral with a fair value of $606 million and $836 million as of March 31, 2022 and December 31, 2021, respectively, primarily consisting of agency RMBS securities.
Effects of Fair Value and Cash Flow Hedge Accounting	The net gains (losses) recognized in our consolidated statements of income related to derivatives in fair value and cash flow hedging relationships are presented below for the three months ended March 31, 2022 and 2021. Table 8.4: Effects of Fair Value and Cash Flow Hedge Accounting Three Months Ended March 31, 2022 Net Interest Income Non-Interest Income (Dollars in millions) Investment Securities Loans, Including Loans Held for Sale Other Interest-bearing Deposits Securitized Debt Obligations Senior and Subordinated Notes Other Total amounts presented in our consolidated statements of income $ 402 $ 6,367 $ 15 $ (218) $ (29) $ (131) $ 343 Fair value hedging relationships: Interest rate and foreign exchange contracts: Interest recognized on derivatives $ (8) $ 0 $ 0 $ 21 $ 27 $ 38 $ 0 Gains (losses) recognized on derivatives 175 0 0 (115) (305) (856) (38) Gains (losses) recognized on hedged items (1) (201) 0 0 115 303 896 38 Excluded component of fair value hedges (2) 0 0 0 0 0 (1) 0 Net income (expense) recognized on fair value hedges $ (34) $ 0 $ 0 $ 21 $ 25 $ 77 $ 0 Cash flow hedging relationships: (3) Interest rate contracts: Realized gains reclassified from AOCI into net income $ 0 $ 127 $ 0 $ 0 $ 0 $ 0 $ 0 Foreign exchange contracts: Realized gains (losses) reclassified from AOCI into net income (4) 0 0 0 0 0 0 0 Net income recognized on cash flow hedges $ 0 $ 127 $ 0 $ 0 $ 0 $ 0 $ 0 Three Months Ended March 31, 2021 Net Interest Income Non-Interest Income (Dollars in millions) Investment Securities Loans, Including Loans Held for Sale Other Interest-bearing Deposits Securitized Debt Obligations Senior and Subordinated Notes Other Total amounts presented in our consolidated statements of income $ 391 $ 5,854 $ 16 $ (269) $ (32) $ (129) $ 122 Fair value hedging relationships: Interest rate and foreign exchange contracts: Interest recognized on derivatives $ (25) $ 0 $ 0 $ 36 $ 33 $ 62 $ 0 Gains (losses) recognized on derivatives 100 0 0 (58) (80) (336) (61) Gains (losses) recognized on hedged items (1) (105) 0 0 58 75 368 61 Excluded component of fair value hedges (2) 0 0 0 0 0 (1) 0 Net income (expense) recognized on fair value hedges $ (30) $ 0 $ 0 $ 36 $ 28 $ 93 $ 0 Cash flow hedging relationships: (3) Interest rate contracts: Realized gains reclassified from AOCI into net income $ 9 $ 226 $ 0 $ 0 $ 0 $ 0 $ 0 Foreign exchange contracts: Realized gains (losses) reclassified from AOCI into net income (4) 0 0 1 0 0 0 0 Net income (expense) recognized on cash flow hedges $ 9 $ 226 $ 1 $ 0 $ 0 $ 0 $ 0 _________ (1) Includes amortization benefit of $17 million and $22 million for the three months ended March 31, 2022 and 2021 respectively, related to basis adjustments on discontinued hedges. (2) Changes in fair values of cross-currency swaps attributable to changes in cross-currency basis spreads are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. The initial value of the excluded component is recognized in earnings over the life of the swap under the amortization approach. (3) See “Note 9—Stockholders’ Equity” for the effects of cash flow and net investment hedges on AOCI and amounts reclassified to net income, net of tax. (4) We recognized a loss of $13 million and gain of $85 million for the three months ended March 31, 2022 and 2021 respectively, on foreign exchange contracts reclassified from AOCI. These amounts were largely offset by the foreign currency transaction gains (losses) on our foreign currency denominated intercompany funding included in other non-interest income on our consolidated statements of income.
Gains (Losses) on Free-Standing Derivatives	The net impacts to our consolidated statements of income related to free-standing derivatives are presented below for the three months ended March 31, 2022 and 2021. These gains or losses are recognized in other non-interest income on our consolidated statements of income. Table 8.5: Gains (Losses) on Free-Standing Derivatives Three Months Ended March 31, (Dollars in millions) 2022 2021 Gains (losses) recognized in other non-interest income: Customer accommodation: Interest rate contracts $ 9 $ 10 Commodity contracts 6 5 Foreign exchange and other contracts 1 4 Total customer accommodation 16 19 Other interest rate exposures 26 11 Other contracts 2 0 Total $ 44 $ 30

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Preferred Stock	The following table summarizes our preferred stock outstanding as of March 31, 2022 and December 31, 2021. Table 9.1: Preferred Stock Outstanding (1) Redeemable by Issuer Beginning Per Annum Dividend Rate Dividend Frequency Liquidation Preference per Share Total Shares Outstanding Carrying Value Series Description Issuance Date March 31, 2022 December 31, 2021 Series I 5.000% September 11, 2019 December 1, 2024 5.000% Quarterly $ 1,000 1,500,000 $ 1,462 $ 1,462 Series J 4.800% January 31, 2020 June 1, 2025 4.800 Quarterly 1,000 1,250,000 1,209 1,209 Series K 4.625% September 17, 2020 December 1, 2025 4.625 Quarterly 1,000 125,000 122 122 Series L 4.375% May 4, 2021 September 1, 2026 4.375 Quarterly 1,000 675,000 652 652 Series M 3.950% Fixed Rate Reset June 10, 2021 September 1, 2026 3.950% through 8/31/2026; resets 9/1/2026 and every subsequent 5 year anniversary at 5-Year Treasury Rate +3.157% Quarterly 1,000 1,000,000 988 988 Series N 4.250% July 29, 2021 September 1, 2026 4.250% Quarterly 1,000 425,000 412 412 Total $ 4,845 $ 4,845 __________ (1) Except for Series M , ownership is held in the form of depositary shares, each representing a 1/40th interest in a share of fixed-rate non-cumulative perpetual preferred stock.
Change in AOCI Gain (Loss) by Component (Net of Tax)	The following table includes the changes in AOCI by component for the three months ended March 31, 2022, and 2021. Table 9.2: AOCI (Dollars in millions) Securities Available for Sale Hedging Relationships (1) Foreign Currency Translation Adjustments (2) Other Total AOCI as of December 31, 2021 $ 297 $ 118 $ (21) $ (20) $ 374 Other comprehensive income (loss) before reclassifications (3,253) (1,123) (5) 0 (4,381) Amounts reclassified from AOCI into earnings 0 (86) 0 0 (86) Other comprehensive income (loss), net of tax (3,253) (1,209) (5) 0 (4,467) AOCI as of March 31, 2022 $ (2,956) $ (1,091) $ (26) $ (20) $ (4,093) (Dollars in millions) Securities Available for Sale Hedging Relationships (1) Foreign Currency Translation Adjustments (2) Other Total AOCI as of December 31, 2020 $ 2,186 $ 1,362 $ (31) $ (23) $ 3,494 Other comprehensive income (loss) before reclassifications (1,145) (338) 19 0 (1,464) Amounts reclassified from AOCI into earnings (3) (243) 0 (1) (247) Other comprehensive income (loss), net of tax (1,148) (581) 19 (1) (1,711) AOCI as of March 31, 2021 $ 1,038 $ 781 $ (12) $ (24) $ 1,783 __________ (1) Includes amounts related to cash flow hedges as well as the excluded component of cross-currency swaps designated as fair value hedges. (2) Includes other comprehensive gains of $48 million and loss of $21 million for the three months ended March 31, 2022 and 2021, respectively, from hedging instruments designated as net investment hedges.
Reclassifications from AOCI	The following table presents amounts reclassified from each component of AOCI to our consolidated statements of income for the three months ended March 31, 2022 and 2021. Table 9.3: Reclassifications from AOCI (Dollars in millions) Three Months Ended March 31, AOCI Components Affected Income Statement Line Item 2022 2021 Securities available for sale: Non-interest income $ 0 $ 4 Income tax provision 0 1 Net income 0 3 Hedging relationships: Interest rate contracts: Interest income 127 235 Foreign exchange contracts: Interest income 0 1 Interest expense (1) (1) Non-interest income (13) 85 Income from continuing operations before income taxes 113 320 Income tax provision 27 77 Net income 86 243 Other: Non-interest income and non-interest expense 0 1 Income tax provision 0 0 Net income 0 1 Total reclassifications $ 86 $ 247
Components of Other Comprehensive Income (Loss) and Related Tax Impact	The table below summarizes other comprehensive income (loss) activity and the related tax impact for the three months ended March 31, 2022 and 2021. Table 9.4: Other Comprehensive Income (Loss) Three Months Ended March 31, 2022 2021 (Dollars in millions) Before Provision After Before Provision After Other comprehensive income (loss): Net unrealized gains (losses) on securities available for sale $ (4,287) $ (1,034) $ (3,253) $ (1,512) $ (364) $ (1,148) Net unrealized gains (losses) on hedging relationships (1,593) (384) (1,209) (766) (185) (581) Foreign currency translation adjustments (1) 10 15 (5) 13 (6) 19 Other 0 0 0 (1) 0 (1) Other comprehensive income (loss) $ (5,870) $ (1,403) $ (4,467) $ (2,266) $ (555) $ (1,711) __________ (1) Includes the impact of hedging instruments designated as net investment hedges.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted earnings per common share. Table 10.1: Computation of Basic and Diluted Earnings per Common Share Three Months Ended March 31, (Dollars and shares in millions, except per share data) 2022 2021 Income from continuing operations, net of tax $ 2,403 $ 3,327 Income (loss) from discontinued operations, net of tax 0 (2) Net income 2,403 3,325 Dividends and undistributed earnings allocated to participating securities (28) (28) Preferred stock dividends (57) (61) Net income available to common stockholders $ 2,318 $ 3,236 Total weighted-average basic common shares outstanding 410.4 458.6 Effect of dilutive securities: (1) Stock options 0.5 0.8 Other contingently issuable shares 1.3 0.7 Total effect of dilutive securities 1.8 1.5 Total weighted-average diluted common shares outstanding 412.2 460.1 Basic earnings per common share: Net income from continuing operations $ 5.65 $ 7.06 Net income per basic common share $ 5.65 $ 7.06 Diluted earnings per common share: (1) Net income from continuing operations $ 5.62 $ 7.03 Net income per diluted common share $ 5.62 $ 7.03 __________ (1) Excluded from the computation of diluted earnings per share were awards and stock options that would be anti-dilutive. There were no anti-dilutive awards or stock options for the three months ended March 31, 2022. Awards of 103 thousand shares for the three months ended March 31, 2021 were excluded from the computation of diluted earnings per share.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table displays our assets and liabilities measured on our consolidated balance sheets at fair value on a recurring basis as of March 31, 2022 and December 31, 2021. Table 11.1: Assets and Liabilities Measured at Fair Value on a Recurring Basis March 31, 2022 Fair Value Measurements Using Netting Adjustments (1) (Dollars in millions) Level 1 Level 2 Level 3 Total Assets: Securities available for sale: U.S. Treasury securities $ 9,497 $ 0 $ 0 — $ 9,497 RMBS 0 68,214 211 — 68,425 CMBS 0 8,344 21 — 8,365 Other securities 203 2,586 0 — 2,789 Total securities available for sale 9,700 79,144 232 — 89,076 Loans held for sale 0 928 0 — 928 Other assets: Derivative assets (2) 1,106 3,211 202 $ (761) 3,758 Other (3) 525 4 39 — 568 Total assets $ 11,331 $ 83,287 $ 473 $ (761) $ 94,330 Liabilities: Other liabilities: Derivative liabilities (2) $ 2,225 $ 2,448 $ 180 $ (1,282) $ 3,571 Total liabilities $ 2,225 $ 2,448 $ 180 $ (1,282) $ 3,571 December 31, 2021 Fair Value Measurements Using Netting Adjustments (1) (Dollars in millions) Level 1 Level 2 Level 3 Total Assets: Securities available for sale: U.S. Treasury securities $ 9,442 $ 0 $ 0 — $ 9,442 RMBS 0 73,358 258 — 73,616 CMBS 0 9,360 9 — 9,369 Other securities 206 2,628 0 — 2,834 Total securities available for sale 9,648 85,346 267 — 95,261 Loans held for sale 0 1,026 0 — 1,026 Other assets: Derivative assets (2) 406 2,200 84 $ (542) 2,148 Other (3) 526 6 41 — 573 Total assets $ 10,580 $ 88,578 $ 392 $ (542) $ 99,008 Liabilities: Other liabilities: Derivative liabilities (2) $ 838 $ 965 $ 65 $ (544) $ 1,324 Total liabilities $ 838 $ 965 $ 65 $ (544) $ 1,324 __________ (1) Represents balance sheet netting of derivative assets and liabilities, and related payables and receivables for cash collateral held or placed with the same counterparty. See “Note 8—Derivative Instruments and Hedging Activities” for additional information. (2) Does not reflect $10 million and $11 million recognized as a net valuation allowance on derivative assets and liabilities for non-performance risk as of March 31, 2022 and December 31, 2021, respectively. Non-performance risk is included in derivative assets and liabilities, which are part of other assets and other liabilities on the consolidated balance sheets, and is recorded through non-interest income in the consolidated statements of income. (3) As of March 31, 2022 and December 31, 2021, other includes retained interests in securitizations of $39 million and $41 million, deferred compensation plan assets of $494 million and $490 million, and equity securities of $35 million (including unrealized loss of $5 million) and $42 million (including unrealized loss of $36 million), respectively.
Schedule of Level 3 Inputs Reconciliation	The table below presents a reconciliation for all assets and liabilities measured and recognized at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2022 and 2021. Generally, transfers into Level 3 were primarily driven by the usage of unobservable assumptions in the pricing of these financial instruments as evidenced by wider pricing variations among pricing vendors and transfers out of Level 3 were primarily driven by the usage of assumptions corroborated by market observable information as evidenced by tighter pricing among multiple pricing sources. Table 11.2: Level 3 Recurring Fair Value Rollforward Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended March 31, 2022 Total Gains (Losses) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of March 31, 2022 (1) (Dollars in millions) Balance, January 1, 2022 Included in Net Income (1) Included in OCI Purchases Sales Issuances Settlements Transfers Transfers Balance, March 31, 2022 Securities available for sale: (2) RMBS $ 258 $ 10 $ (12) $ 0 $ 0 $ 0 $ (28) $ 12 $ (29) $ 211 $ 3 CMBS 9 0 0 0 0 0 (1) 13 0 21 (1) Total securities available for sale 267 10 (12) 0 0 0 (29) 25 (29) 232 2 Other assets: Retained interests in securitizations 41 (2) 0 0 0 0 0 0 0 39 (2) Net derivative assets (liabilities) (3) 19 5 0 0 0 28 (2) (28) 0 22 1 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended March 31, 2021 Total Gains (Losses) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of March 31, 2021 (1) (Dollars in millions) Balance, January 1, 2021 Included in Net Income (1) Included in OCI Purchases Sales Issuances Settlements Transfers Transfers Balance, March 31, 2021 Securities available for sale: (2) RMBS $ 328 $ 7 $ 2 $ 0 $ 0 $ 0 $ (26) $ 39 $ (24) $ 326 $ 7 CMBS 111 0 (2) 0 0 0 (6) 0 (93) 10 0 Total securities available for sale 439 7 0 0 0 0 (32) 39 (117) 336 7 Other assets: Retained interests in securitizations 55 (5) 0 0 0 0 0 0 0 50 (5) Net derivative assets (liabilities) (3) 31 (21) 0 0 0 38 (14) 0 0 34 (19) __________ (1) Realized gains (losses) on securities available for sale are included in net securities gains (losses) and retained interests in securitizations are reported as a component of non-interest income in our consolidated statements of income. Gains (losses) on derivatives are included as a component of net interest income or non-interest income in our consolidated statements of income. (2) Net unrealized losses included in OCI related to Level 3 securities available for sale still held as of March 31, 2022 were $7 million. Net unrealized losses included in OCI related to Level 3 securities available for sale still held as of March 31, 2021 were $2 million. (3) Includes derivative assets and liabilities of $202 million and $180 million, respectively, as of March 31, 2022 and $157 million and $123 million, respectively, as of March 31, 2021.
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Quantitative Information	The following table presents the significant unobservable inputs used to determine the fair values of our Level 3 financial instruments on a recurring basis. We utilize multiple vendor pricing services to obtain fair value for our securities. Several of our vendor pricing services are only able to provide unobservable input information for a limited number of securities due to software licensing restrictions. Other vendor pricing services are able to provide unobservable input information for all securities for which they provide a valuation. As a result, the unobservable input information for the securities available for sale presented below represents a composite summary of all information we are able to obtain. The unobservable input information for all other Level 3 financial instruments is based on the assumptions used in our internal valuation models. Table 11.3: Quantitative Information about Level 3 Fair Value Measurements Quantitative Information about Level 3 Fair Value Measurements (Dollars in millions) Fair Value at Significant Significant Range Weighted Average (1) Securities available for sale: RMBS $ 211 Discounted cash flows (vendor pricing) Yield 0-25% 5-20% 0-11% 30-88% 4% 11% 2% 63% CMBS 21 Discounted cash flows (vendor pricing) Yield 1-23% 15% Other assets: Retained interests in securitizations (2) 39 Discounted cash flows Life of receivables (months) 29-37 9-18% 3-8% 1-3% 76-291% N/A Net derivative assets (liabilities) 22 Discounted cash flows Swap rates 2% 2% Quantitative Information about Level 3 Fair Value Measurements (Dollars in millions) Fair Value at Significant Significant Range Weighted Average (1) Securities available for sale: RMBS $ 258 Discounted cash flows (vendor pricing) Yield 0-21% 5-40% 1-11% 30-100% 3% 11% 2% 65% CMBS 9 Discounted cash flows (vendor pricing) Yield 1-2% 1% Other assets: Retained interests in securitizations (2) 41 Discounted cash flows Life of receivables (months) 29-36 9-18% 2-8% 3-4% 72-151% N/A Net derivative assets (liabilities) 19 Discounted cash flows Swap rates 1-2% 2% __________ (1) Weighted averages are calculated by using the product of the input multiplied by the relative fair value of the instruments. (2) Due to the nature of the various mortgage securitization structures in which we have retained interests, it is not meaningful to present a consolidated weighted average for the significant unobservable inputs.
Schedule of Assets Measured at Fair Value on Nonrecurring Basis	The following table presents the carrying value of the assets measured at fair value on a nonrecurring basis and still held as of March 31, 2022 and December 31, 2021, and for which a nonrecurring fair value measurement was recorded during the three and twelve months then ended. Table 11.4: Nonrecurring Fair Value Measurements March 31, 2022 Estimated Fair Value Hierarchy Total (Dollars in millions) Level 2 Level 3 Loans held for investment $ 0 $ 130 $ 130 Loans held for sale 123 0 123 Other assets (1) 0 45 45 Total $ 123 $ 175 $ 298 December 31, 2021 Estimated Fair Value Hierarchy Total (Dollars in millions) Level 2 Level 3 Loans held for investment $ 0 $ 194 $ 194 Loans held for sale 118 0 118 Other assets (1) 0 325 325 Total $ 118 $ 519 $ 637 __________ (1) As of March 31, 2022, other assets included repossessed assets of $45 million. As of December 31, 2021, other assets included equity method investments of $50 million, investments accounted for under measurement alternative of $29 million, repossessed assets of $40 million and long-lived assets held for sale of $206 million.
Schedule of Earnings Related to Assets Measured at Fair Value on Nonrecurring Basis	The following table presents total nonrecurring fair value measurements for the period, included in earnings, attributable to the change in fair value relating to assets that are still held at March 31, 2022 and 2021. Table 11.5: Nonrecurring Fair Value Measurements Included in Earnings Total Gains (Losses) Three Months Ended March 31, (Dollars in millions) 2022 2021 Loans held for investment $ (14) $ (16) Other assets (1) (19) (36) Total $ (33) $ (52) __________ (1) Other assets include fair value adjustments related to repossessed assets, long-lived assets held for sale and equity investments accounted for under the measurement alternative.
Schedule of Fair Value of Financial Instruments	The following table presents the carrying value and estimated fair value, including the level within the fair value hierarchy, of our financial instruments that are not measured at fair value on a recurring basis on our consolidated balance sheets as of March 31, 2022 and December 31, 2021. Table 11.6: Fair Value of Financial Instruments March 31, 2022 Carrying Estimated Estimated Fair Value Hierarchy (Dollars in millions) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 26,804 $ 26,804 $ 5,107 $ 21,697 $ 0 Restricted cash for securitization investors 281 281 281 0 0 Net loans held for investment 269,158 273,434 0 0 273,434 Loans held for sale 227 227 0 227 0 Interest receivable 1,479 1,479 0 1,479 0 Other investments (1) 1,492 1,492 0 1,492 0 Financial liabilities: Deposits with defined maturities 17,306 17,218 0 17,218 0 Securitized debt obligations 13,740 13,773 0 13,773 0 Senior and subordinated notes 26,976 27,234 0 27,234 0 Federal funds purchased and securities loaned or sold under agreements to repurchase 594 594 0 594 0 Other borrowings (2) 4,000 4,000 0 4,000 0 Interest payable 261 261 0 261 0 December 31, 2021 Carrying Estimated Estimated Fair Value Hierarchy (Dollars in millions) Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 21,746 $ 21,746 $ 4,164 $ 17,582 $ 0 Restricted cash for securitization investors 308 308 308 0 0 Net loans held for investment 265,910 270,508 0 0 270,508 Loans held for sale 4,862 5,091 0 5,091 0 Interest receivable 1,460 1,460 0 1,460 0 Other investments (1) 1,344 1,344 0 1,344 0 Financial liabilities: Deposits with defined maturities 17,923 18,062 0 18,062 0 Securitized debt obligations 14,994 15,122 0 15,122 0 Senior and subordinated notes 27,219 27,842 0 27,842 0 Federal funds purchased and securities loaned or sold under agreements to repurchase 820 820 0 820 0 Interest payable 281 281 0 281 0 __________ (1) Other investments include FHLB and Federal Reserve stock. These investments are included in other assets on our consolidated balance sheets. (2) Other borrowings exclude capital lease obligations.

Business Segments and Revenue_2

Business Segments and Revenue from Contracts with Customers (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Results and Reconciliation	The following table presents our business segment results for the three months ended March 31, 2022 and 2021, selected balance sheet data as of March 31, 2022 and 2021, and a reconciliation of our total business segment results to our reported consolidated income from continuing operations, loans held for investment and deposits. Table 12.1: Segment Results and Reconciliation Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Net interest income (loss) $ 3,839 $ 2,113 $ 607 $ (162) $ 6,397 Non-interest income (loss) 1,458 105 277 (64) 1,776 Total net revenue (loss) (2) 5,297 2,218 884 (226) 8,173 Provision (benefit) for credit losses 545 130 8 (6) 677 Non-interest expense 2,783 1,236 488 44 4,551 Income (loss) from continuing operations before income taxes 1,969 852 388 (264) 2,945 Income tax provision (benefit) 469 202 92 (221) 542 Income (loss) from continuing operations, net of tax $ 1,500 $ 650 $ 296 $ (43) $ 2,403 Loans held for investment $ 113,962 $ 80,330 $ 86,174 $ 0 $ 280,466 Deposits 0 258,359 45,232 9,838 313,429 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Net interest income (loss) $ 3,372 $ 2,030 $ 520 $ (100) $ 5,822 Non-interest income (loss) 1,029 141 240 (119) 1,291 Total net revenue (loss) (2) 4,401 2,171 760 (219) 7,113 Provision (benefit) for credit losses (492) (126) (203) (2) (823) Non-interest expense 2,135 1,117 419 69 3,740 Income (loss) from continuing operations before income taxes 2,758 1,180 544 (286) 4,196 Income tax provision (benefit) 653 278 128 (190) 869 Income (loss) from continuing operations, net of tax $ 2,105 $ 902 $ 416 $ (96) $ 3,327 Loans held for investment $ 99,127 $ 70,202 $ 73,802 $ 0 $ 243,131 Deposits 0 254,001 41,552 14,775 310,328 __________ (1) Some of our commercial investments generate tax-exempt income, tax credits or other tax benefits. Accordingly, we present our Commercial Banking revenue and yields on a taxable-equivalent basis, calculated using the federal statutory tax rate of 21% and state taxes where applicable, with offsetting reductions to the Other category. (2) Total net revenue was reduced by $192 million and $180 million in the first quarters of 2022 and 2021, respectively, for credit card finance charges and fees charged off as uncollectible.
Disaggregation of Revenue	The following table presents revenue from contracts with customers and a reconciliation to non-interest income by business segment for the three months ended March 31, 2022 and 2021. Table 12.2: Revenue from Contracts with Customers and Reconciliation to Segment Results Three Months Ended March 31, 2022 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Contract revenue: Interchange fees, net (2) $ 937 $ 71 $ 24 $ 1 $ 1,033 Service charges and other customer-related fees 0 26 65 (1) 90 Other 95 17 (2) 0 110 Total contract revenue 1,032 114 87 0 1,233 Revenue (reduction) from other sources 426 (9) 190 (64) 543 Total non-interest income (loss) $ 1,458 $ 105 $ 277 $ (64) $ 1,776 Three Months Ended March 31, 2021 (Dollars in millions) Credit Card Consumer Banking Commercial Banking (1) Other (1) Consolidated Total Contract revenue: Interchange fees, net (2) $ 743 $ 57 $ 17 $ 0 $ 817 Service charges and other customer-related fees 0 44 50 0 94 Other 70 19 1 0 90 Total contract revenue 813 120 68 0 1,001 Revenue (reduction) from other sources 216 21 172 (119) 290 Total non-interest income (loss) $ 1,029 $ 141 $ 240 $ (119) $ 1,291 __________ (1) Some of our commercial investments generate tax-exempt income, tax credits or other tax benefits. Accordingly, we present our Commercial Banking revenue and yields on a taxable-equivalent basis, calculated using the federal statutory tax rate of 21% and state taxes where applicable, with offsetting reductions to the Other category. (2) Interchange fees are presented net of customer reward expenses.

Commitments, Contingencies, G_2

Commitments, Contingencies, Guarantees, and Others (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Letter of Credit and Other Loan Commitments	The following table presents the contractual amount and carrying value of our unfunded lending commitments as of March 31, 2022 and December 31, 2021. The carrying value represents our reserve and deferred revenue on legally binding commitments. Table 13.1: Unfunded Lending Commitments Contractual Amount Carrying Value (Dollars in millions) March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Credit card lines $ 353,763 $ 368,508 N/A N/A Other loan commitments (1) 45,224 44,572 $ 155 $ 125 Standby letters of credit and commercial letters of credit (2) 1,529 1,419 30 24 Total unfunded lending commitments $ 400,516 $ 414,499 $ 185 $ 149 __________ (1) Includes $4.0 billion and $3.9 billion of advised lines of credit as of March 31, 2022 and December 31, 2021, respectively. (2) These financial guarantees have expiration dates that range from 2022 to 2027 as of March 31, 2022.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Segments (Details)	3 Months Ended
	Mar. 31, 2022segment
Accounting Policies [Abstract]
Number of operating segments	3

Investment Securities Additiona

Investment Securities Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Accrued interest receivable	$ 219	$ 207
Proceeds from Sale of Debt Securities, Available-for-sale			$ 470	$ 595
Debt Securities, Available-for-sale, Realized Gain (Loss)			1	$ 4
Securities Received as Collateral	15	1	15
Security Owned and Pledged as Collateral, Fair Value	$ 20,300	$ 20,800	$ 20,300

Investment Securities - Investm

Investment Securities - Investment Available for Sale (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 92,973	$ 94,871
Allowance for Credit Losses	(1)	(1)
Gross Unrealized Gains	449	1,387
Gross Unrealized Losses	(4,345)	(996)
Securities available for sale	89,076	95,261
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	9,521	9,419
Allowance for Credit Losses	0	0
Gross Unrealized Gains	5	23
Gross Unrealized Losses	(29)	0
Securities available for sale	9,497	9,442
RMBS, Agency
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	71,292	72,593
Allowance for Credit Losses	0	0
Gross Unrealized Gains	231	958
Gross Unrealized Losses	(3,999)	(931)
Securities available for sale	67,524	72,620
RMBS, Non-agency
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	728	792
Allowance for Credit Losses	(1)	(1)
Gross Unrealized Gains	175	205
Gross Unrealized Losses	(1)	0
Securities available for sale	901	996
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	72,020	73,385
Allowance for Credit Losses	(1)	(1)
Gross Unrealized Gains	406	1,163
Gross Unrealized Losses	(4,000)	(931)
Securities available for sale	68,425	73,616
CMBS, Agency
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	8,634	9,237
Allowance for Credit Losses	0	0
Gross Unrealized Gains	35	195
Gross Unrealized Losses	(304)	(63)
Securities available for sale	8,365	9,369
Other securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,798	2,830
Allowance for Credit Losses	0	0
Gross Unrealized Gains	3	6
Gross Unrealized Losses	(12)	(2)
Securities available for sale	2,789	2,834
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Securities available for sale	$ 2,000	$ 2,000
US Treasury and Agency securities | Available-for-sale securities | Government Contracts Concentration Risk
Debt Securities, Available-for-sale [Line Items]
Percentage of portfolio	96.00%	96.00%

Investment Securities - Securit

Investment Securities - Securities in Gross Unrealized Loss Position (Details) $ in Millions	Mar. 31, 2022USD ($)security	Dec. 31, 2021USD ($)security
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	$ 51,382	$ 41,701
Fair Value - 12 Months or Longer	18,531	9,410
Fair Value - Total	69,913	51,111
Gross Unrealized Loss - Less than 12 Months	(2,508)	(670)
Gross Unrealized Loss - 12 Months or Longer	(1,836)	(326)
Gross Unrealized Loss - Total	$ (4,344)	$ (996)
Number of securities in gross unrealized loss positions | security	1,790	740
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	$ 3,960
Fair Value - 12 Months or Longer	0
Fair Value - Total	3,960
Gross Unrealized Loss - Less than 12 Months	(29)
Gross Unrealized Loss - 12 Months or Longer	0
Gross Unrealized Loss - Total	(29)
RMBS, Agency
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	40,778	$ 37,492
Fair Value - 12 Months or Longer	17,358	8,606
Fair Value - Total	58,136	46,098
Gross Unrealized Loss - Less than 12 Months	(2,263)	(632)
Gross Unrealized Loss - 12 Months or Longer	(1,736)	(299)
Gross Unrealized Loss - Total	(3,999)	(931)
RMBS, Non-agency
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	14	3
Fair Value - 12 Months or Longer	0	1
Fair Value - Total	14	4
Gross Unrealized Loss - Less than 12 Months	0	0
Gross Unrealized Loss - 12 Months or Longer	0	0
Gross Unrealized Loss - Total	0	0
RMBS
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	40,792	37,495
Fair Value - 12 Months or Longer	17,358	8,607
Fair Value - Total	58,150	46,102
Gross Unrealized Loss - Less than 12 Months	(2,263)	(632)
Gross Unrealized Loss - 12 Months or Longer	(1,736)	(299)
Gross Unrealized Loss - Total	(3,999)	(931)
CMBS, Agency
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	5,106	2,999
Fair Value - 12 Months or Longer	1,173	803
Fair Value - Total	6,279	3,802
Gross Unrealized Loss - Less than 12 Months	(204)	(36)
Gross Unrealized Loss - 12 Months or Longer	(100)	(27)
Gross Unrealized Loss - Total	(304)	(63)
Other securities
Debt Securities, Available-for-sale [Line Items]
Fair Value - Less than 12 Months	1,524	1,207
Fair Value - 12 Months or Longer	0	0
Fair Value - Total	1,524	1,207
Gross Unrealized Loss - Less than 12 Months	(12)	(2)
Gross Unrealized Loss - 12 Months or Longer	0	0
Gross Unrealized Loss - Total	$ (12)	$ (2)

Investment Securities - Contrac

Investment Securities - Contractual Maturities and Weighted-Average Yields of Securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Securities available for sale
Due in 1 year or less	$ 6,135
Due after 1 year through 5 years	8,595
Due after 5 years through 10 years	5,233
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	69,113
Securities available for sale	89,076	$ 95,261
Amortized cost of securities available for sale
Due in 1 year or less	6,130
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Amortized Cost	8,694
Due after 5 years through 10 years	5,401
Due > 10 Years	72,748
Amortized Cost	$ 92,973
Weighted average yield for securities available for sale
Due in 1 Year or Less	0.39%
Due > 1 Year through 5 Years	0.89%
Due > 5 Years through 10 Years	1.91%
Due > 10 Years	1.96%
Total weighted average yield	1.75%
U.S. Treasury securities
Securities available for sale
Due in 1 year or less	$ 5,338
Due after 1 year through 5 years	4,159
Due after 5 years through 10 years	0
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	0
Securities available for sale	9,497	9,442
RMBS, Agency
Securities available for sale
Due in 1 year or less	0
Due after 1 year through 5 years	124
Due after 5 years through 10 years	1,070
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	66,330
Securities available for sale	67,524	72,620
RMBS, Non-agency
Securities available for sale
Due in 1 year or less	0
Due after 1 year through 5 years	0
Due after 5 years through 10 years	0
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	901
Securities available for sale	901	996
RMBS
Securities available for sale
Due in 1 year or less	0
Due after 1 year through 5 years	124
Due after 5 years through 10 years	1,070
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	67,231
Securities available for sale	$ 68,425	73,616
Weighted average yield for securities available for sale
Weighted-average expected life	6 years 6 months
CMBS, Agency
Securities available for sale
Due in 1 year or less	$ 506
Due after 1 year through 5 years	2,117
Due after 5 years through 10 years	3,860
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	1,882
Securities available for sale	$ 8,365	9,369
Weighted average yield for securities available for sale
Weighted-average expected life	5 years 4 months 24 days
Other securities
Securities available for sale
Due in 1 year or less	$ 291
Due after 1 year through 5 years	2,195
Due after 5 years through 10 years	303
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value	0
Securities available for sale	$ 2,789	$ 2,834

Loans - Additional Information

Loans - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest receivable	$ 1,300		$ 1,200
TDRs	1,900		1,600
Commitments to lend on loans modified in TDRs	156		168
Loans held for sale	1,155		5,888
Federal Home Loan banks
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans Pledged as Collateral	10,300		10,300
Line of Credit Facility, Remaining Borrowing Capacity	18,600		19,700
Federal Reserve Discount Window
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans Pledged as Collateral	32,600		26,500
Line of Credit Facility, Remaining Borrowing Capacity	22,900		19,600
Credit Card and Consumer Banking | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
TDRs	1,200		1,100
Commercial Banking | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
TDRs	299		$ 192
Domestic credit card: | Domestic Credit Card and Commercial Banking Portfolios [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans converted to term during period	$ 291	$ 97

Loans - Loan Portfolio Composit

Loans - Loan Portfolio Composition and Aging Analysis (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Current	$ 274,269	$ 270,655
Total	$ 280,466	$ 277,340
Current, percentage of total loans	97.79%	97.59%
Percentage of total loans	100.00%	100.00%
Unamortized premiums and discounts, deferred fees and costs	$ 1,400	$ 1,400
Accrued interest receivable	1,300	1,200
Credit Card
Financing Receivable, Past Due [Line Items]
Current	111,240	112,148
Total	113,962	114,772
Consumer Banking
Financing Receivable, Past Due [Line Items]
Current	77,011	74,028
Total	80,330	77,646
Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
Current	75,319	72,221
Total	78,604	75,779
Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
Current	1,692	1,807
Total	1,726	1,867
Commercial Banking
Financing Receivable, Past Due [Line Items]
Current	86,018	84,479
Total	86,174	84,922
Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
Current	34,272	35,100
Total	34,354	35,262
Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Current	51,746	49,379
Total	$ 51,820	$ 49,660
30-59 days
Financing Receivable, Past Due [Line Items]
Past due, percentage of total loans	1.13%	1.26%
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 3,152	$ 3,501
30-59 days | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	829	850
30-59 days | Consumer Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	2,277	2,420
30-59 days | Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	2,268	2,385
30-59 days | Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
Total	9	35
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	9	35
30-59 days | Commercial Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	46	231
30-59 days | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	31	92
30-59 days | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 15	$ 139
60-89 days
Financing Receivable, Past Due [Line Items]
Past due, percentage of total loans	0.51%	0.60%
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 1,442	$ 1,656
60-89 days | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	608	578
60-89 days | Consumer Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	817	940
60-89 days | Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	812	933
60-89 days | Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
Total	5	7
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	5	7
60-89 days | Commercial Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	17	138
60-89 days | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	9	35
60-89 days | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 8	$ 103
Greater than 90 days
Financing Receivable, Past Due [Line Items]
Past due, percentage of total loans	0.57%	0.55%
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 1,603	$ 1,528
Greater than 90 days | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	1,285	1,196
Greater than 90 days | Consumer Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	225	258
Greater than 90 days | Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	205	240
Greater than 90 days | Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
Total	20	18
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	20	18
Greater than 90 days | Commercial Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	93	74
Greater than 90 days | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	42	35
Greater than 90 days | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 51	$ 39
Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Past due total, percentage of total loans	2.21%	2.41%
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 6,197	$ 6,685
Financial Asset, Past Due | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	2,722	2,624
Financial Asset, Past Due | Consumer Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	3,319	3,618
Financial Asset, Past Due | Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	3,285	3,558
Financial Asset, Past Due | Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	34	60
Financial Asset, Past Due | Commercial Banking
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	156	443
Financial Asset, Past Due | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	82	162
Financial Asset, Past Due | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	74	281
Domestic credit card: | Credit Card
Financing Receivable, Past Due [Line Items]
Current	105,484	106,312
Total	107,987	108,723
Domestic credit card: | 30-59 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	754	773
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	754	773
Domestic credit card: | 60-89 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	558	528
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	558	528
Domestic credit card: | Greater than 90 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	1,191	1,110
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	1,191	1,110
Domestic credit card: | Financial Asset, Past Due | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	2,503	2,411
International card businesses: | Credit Card
Financing Receivable, Past Due [Line Items]
Current	5,756	5,836
Total	5,975	6,049
International card businesses: | 30-59 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	75	77
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	75	77
International card businesses: | 60-89 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	50	50
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	50	50
International card businesses: | Greater than 90 days | Credit Card
Financing Receivable, Past Due [Line Items]
Total	94	86
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	94	86
International card businesses: | Financial Asset, Past Due | Credit Card
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Noncurrent	$ 219	$ 213

Loans - 90+ Day Delinquent Loan

Loans - 90+ Day Delinquent Loans Accruing Interest and Nonperforming Loans (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	$ 1,294		$ 1,195
Nonperforming Loans	1,073		1,100
Nonperforming Loans Without an Allowance	$ 456		$ 529
Percentage, 90 Days Past Due and Accruing	0.46%		0.43%
Percentage, Nonperforming Loans	0.38%		0.40%
Percentage, Nonperforming Loans Without an Allowance	0.16%		0.19%
Interest income for loans classified as nonperforming	$ 1	$ 1
Credit Card
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	1,282		$ 1,192
Nonperforming Loans	8		10
Nonperforming Loans Without an Allowance	0		0
Credit Card | Domestic credit card:
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	1,191		1,110
Nonperforming Loans Without an Allowance	0		0
Credit Card | International card businesses:
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	91		82
Nonperforming Loans	8		10
Nonperforming Loans Without an Allowance	0		0
Consumer Banking
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	0		0
Nonperforming Loans	370		391
Nonperforming Loans Without an Allowance	0		4
Consumer Banking | Auto
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	0		0
Nonperforming Loans	325		344
Nonperforming Loans Without an Allowance	0		0
Consumer Banking | Retail banking
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	0		0
Nonperforming Loans	45		47
Nonperforming Loans Without an Allowance	0		4
Commercial Banking
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	12		3
Nonperforming Loans	695		699
Nonperforming Loans Without an Allowance	456		525
Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	0		0
Nonperforming Loans	360		316
Nonperforming Loans Without an Allowance	235		257
Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Past Due [Line Items]
90 Days Past Due and Accruing	12		3
Nonperforming Loans	335		383
Nonperforming Loans Without an Allowance	$ 221		$ 268

Loans - Credit Card Delinquency

Loans - Credit Card Delinquency Status (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 280,466	$ 277,340
Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	113,589	114,361
Revolving loans converted to term	373	411
Total	113,962	114,772
Domestic credit card: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	107,663	108,364
Revolving loans converted to term	324	359
Total	107,987	108,723
International card businesses: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	5,926	5,997
Revolving loans converted to term	49	52
Total	5,975	6,049
Current | Domestic credit card: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	105,190	105,985
Revolving loans converted to term	294	327
Total	105,484	106,312
Current | International card businesses: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	5,718	5,795
Revolving loans converted to term	38	41
Total	5,756	5,836
30-59 days | Domestic credit card: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	742	760
Revolving loans converted to term	12	13
Total	754	773
30-59 days | International card businesses: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	71	73
Revolving loans converted to term	4	4
Total	75	77
60-89 days | Domestic credit card: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	550	519
Revolving loans converted to term	8	9
Total	558	528
60-89 days | International card businesses: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	47	47
Revolving loans converted to term	3	3
Total	50	50
Greater than 90 days | Domestic credit card: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	1,181	1,100
Revolving loans converted to term	10	10
Total	1,191	1,110
Greater than 90 days | International card businesses: | Credit Card
Financing Receivable, Allowance for Credit Loss [Line Items]
Revolving loans	90	82
Revolving loans converted to term	4	4
Total	$ 94	$ 86

Loans - Consumer Banking Portfo

Loans - Consumer Banking Portfolio by Credit Quality Indicator (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 280,466	$ 277,340
Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	11,666	38,021
Term loans by vintage year two	34,559	18,865
Term loans by vintage year three	16,633	10,789
Term loans by vintage year four	9,342	5,487
Term loans by vintage year five	4,604	2,816
Term loans by vintage after year five	3,170	1,287
Total term loans	79,974	77,265
Revolving loans	348	373
Revolving loans converted to term	8	8
Total	80,330	77,646
Auto | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	11,555	37,736
Term loans by vintage year two	34,363	18,687
Term loans by vintage year three	16,516	10,615
Term loans by vintage year four	9,181	5,318
Term loans by vintage year five	4,446	2,639
Term loans by vintage after year five	2,543	784
Total term loans	78,604	75,779
Revolving loans	0	0
Revolving loans converted to term	0	0
Total	78,604	75,779
Retail banking | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	111	285
Term loans by vintage year two	196	178
Term loans by vintage year three	117	174
Term loans by vintage year four	161	169
Term loans by vintage year five	158	177
Term loans by vintage after year five	627	503
Total term loans	1,370	1,486
Revolving loans	348	373
Revolving loans converted to term	8	8
Total	1,726	1,867
PPP loans	112	232
Current | Retail banking | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	111	285
Term loans by vintage year two	195	171
Term loans by vintage year three	114	172
Term loans by vintage year four	161	161
Term loans by vintage year five	155	176
Term loans by vintage after year five	614	491
Total term loans	1,350	1,456
Revolving loans	336	345
Revolving loans converted to term	6	6
Total	1,692	1,807
30-59 days | Retail banking | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	0	0
Term loans by vintage year two	0	2
Term loans by vintage year three	1	2
Term loans by vintage year four	0	7
Term loans by vintage year five	0	0
Term loans by vintage after year five	1	1
Total term loans	2	12
Revolving loans	7	23
Revolving loans converted to term	0	0
Total	9	35
60-89 days | Retail banking | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	0	0
Term loans by vintage year two	1	4
Term loans by vintage year three	2	0
Term loans by vintage year four	0	0
Term loans by vintage year five	0	0
Term loans by vintage after year five	0	2
Total term loans	3	6
Revolving loans	2	1
Revolving loans converted to term	0	0
Total	5	7
Greater than 90 days | Retail banking | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	0	0
Term loans by vintage year two	0	1
Term loans by vintage year three	0	0
Term loans by vintage year four	0	1
Term loans by vintage year five	3	1
Term loans by vintage after year five	12	9
Total term loans	15	12
Revolving loans	3	4
Revolving loans converted to term	2	2
Total	20	18
Greater than 660 | Auto | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	6,942	20,758
Term loans by vintage year two	18,859	8,630
Term loans by vintage year three	7,644	4,739
Term loans by vintage year four	4,089	2,394
Term loans by vintage year five	1,978	1,153
Term loans by vintage after year five	1,052	301
Total term loans	40,564	37,975
Revolving loans	0	0
Revolving loans converted to term	0	0
Total	40,564	37,975
621-660 | Auto | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	2,124	7,456
Term loans by vintage year two	6,797	3,721
Term loans by vintage year three	3,276	2,109
Term loans by vintage year four	1,820	1,084
Term loans by vintage year five	909	537
Term loans by vintage after year five	520	157
Total term loans	15,446	15,064
Revolving loans	0	0
Revolving loans converted to term	0	0
Total	15,446	15,064
620 or below | Auto | Consumer Banking
Financing Receivable, Credit Quality Indicator [Line Items]
Term loans by vintage year one	2,489	9,522
Term loans by vintage year two	8,707	6,336
Term loans by vintage year three	5,596	3,767
Term loans by vintage year four	3,272	1,840
Term loans by vintage year five	1,559	949
Term loans by vintage after year five	971	326
Total term loans	22,594	22,740
Revolving loans	0	0
Revolving loans converted to term	0	0
Total	$ 22,594	$ 22,740

Loans - Commercial Banking_ Ris

Loans - Commercial Banking: Risk Profile by Internal Risk Rating (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 280,466	$ 277,340
Commercial Banking
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	9,554	19,811
Term loans by vintage year two	15,505	10,398
Term loans by vintage year three	8,856	10,239
Term loans by vintage year four	8,674	5,788
Term loans by vintage year five	5,236	2,919
Term loans by vintage after year five	10,243	8,492
Total term loans	58,068	57,647
Revolving loans	27,805	27,191
Revolving loans converted to term	301	84
Total	86,174	84,922
PPP loans	53	102
Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	2,864	6,838
Term loans by vintage year two	5,562	3,119
Term loans by vintage year three	2,241	3,810
Term loans by vintage year four	3,432	2,738
Term loans by vintage year five	2,471	1,063
Term loans by vintage after year five	5,773	5,282
Total term loans	22,343	22,850
Revolving loans	11,891	12,387
Revolving loans converted to term	120	25
Total	34,354	35,262
Commercial Banking | Commercial and multifamily real estate | Noncriticized
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	2,602	6,590
Term loans by vintage year two	5,454	2,924
Term loans by vintage year three	1,955	3,393
Term loans by vintage year four	2,922	2,401
Term loans by vintage year five	2,222	793
Term loans by vintage after year five	4,061	3,538
Total term loans	19,216	19,639
Revolving loans	11,831	12,286
Revolving loans converted to term	120	0
Total	31,167	31,925
Commercial Banking | Commercial and multifamily real estate | Criticized | Criticized performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	262	248
Term loans by vintage year two	108	195
Term loans by vintage year three	286	329
Term loans by vintage year four	423	317
Term loans by vintage year five	230	261
Term loans by vintage after year five	1,483	1,478
Total term loans	2,792	2,828
Revolving loans	60	101
Revolving loans converted to term	0	25
Total	2,852	2,954
Commercial Banking | Commercial and multifamily real estate | Criticized | Criticized nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	0	0
Term loans by vintage year two	0	0
Term loans by vintage year three	0	88
Term loans by vintage year four	87	20
Term loans by vintage year five	19	9
Term loans by vintage after year five	229	266
Total term loans	335	383
Revolving loans	0	0
Revolving loans converted to term	0	0
Total	335	383
Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	6,690	12,973
Term loans by vintage year two	9,943	7,279
Term loans by vintage year three	6,615	6,429
Term loans by vintage year four	5,242	3,050
Term loans by vintage year five	2,765	1,856
Term loans by vintage after year five	4,470	3,210
Total term loans	35,725	34,797
Revolving loans	15,914	14,804
Revolving loans converted to term	181	59
Total	51,820	49,660
Commercial Banking | Commercial And Industrial [Member] | Noncriticized
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	6,318	12,662
Term loans by vintage year two	9,704	7,039
Term loans by vintage year three	6,415	5,506
Term loans by vintage year four	4,586	2,750
Term loans by vintage year five	2,527	1,730
Term loans by vintage after year five	4,269	3,033
Total term loans	33,819	32,720
Revolving loans	15,419	14,310
Revolving loans converted to term	181	59
Total	49,419	47,089
Commercial Banking | Commercial And Industrial [Member] | Criticized | Criticized performing
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	356	279
Term loans by vintage year two	220	188
Term loans by vintage year three	149	838
Term loans by vintage year four	508	207
Term loans by vintage year five	184	120
Term loans by vintage after year five	160	167
Total term loans	1,577	1,799
Revolving loans	464	456
Revolving loans converted to term	0	0
Total	2,041	2,255
Commercial Banking | Commercial And Industrial [Member] | Criticized | Criticized nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
Term loans by vintage year one	16	32
Term loans by vintage year two	19	52
Term loans by vintage year three	51	85
Term loans by vintage year four	148	93
Term loans by vintage year five	54	6
Term loans by vintage after year five	41	10
Total term loans	329	278
Revolving loans	31	38
Revolving loans converted to term	0	0
Total	$ 360	$ 316

Loans - Trouble Debt Restructur

Loans - Trouble Debt Restructurings (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	$ 505	$ 262
Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	96	83
Consumer Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	240	115
Consumer Banking | Auto
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	239	115
Consumer Banking | Retail banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	1
Commercial Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	169	64
Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	38	44
Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	$ 131	$ 20
Reduced Interest Rate
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	47.00%	47.00%
Average Rate Reduction	17.98%	33.62%
Reduced Interest Rate | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	100.00%	100.00%
Average Rate Reduction	19.40%	21.58%
Reduced Interest Rate | Consumer Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	55.00%	35.00%
Average Rate Reduction	8.80%	9.02%
Reduced Interest Rate | Consumer Banking | Auto
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	55.00%	35.00%
Average Rate Reduction	8.80%	9.02%
Reduced Interest Rate | Consumer Banking | Retail banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	0.00%
Average Rate Reduction	0.00%
Reduced Interest Rate | Commercial Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	6.00%	0.00%
Average Rate Reduction	0.59%	0.00%
Reduced Interest Rate | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	0.00%	0.00%
Average Rate Reduction	0.00%	0.00%
Reduced Interest Rate | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	7.00%	0.00%
Average Rate Reduction	0.59%	0.00%
Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	69.00%	54.00%
Average Term Extension (Months)	7 months	5 months
Term Extension | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	0.00%	0.00%
Average Term Extension (Months)	0 months	0 months
Term Extension | Consumer Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	97.00%	95.00%
Average Term Extension (Months)	4 months	3 months
Term Extension | Consumer Banking | Auto
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	97.00%	95.00%
Average Term Extension (Months)	4 months	3 months
Term Extension | Consumer Banking | Retail banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	100.00%
Average Term Extension (Months)	6 months
Term Extension | Commercial Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	68.00%	48.00%
Average Term Extension (Months)	11 months	10 months
Term Extension | Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	86.00%	25.00%
Average Term Extension (Months)	10 months	2 months
Term Extension | Commercial Banking | Commercial and multifamily real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	62.00%	100.00%
Average Term Extension (Months)	12 months	14 months
Domestic credit card: | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	$ 62	$ 44
Domestic credit card: | Reduced Interest Rate | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	100.00%	100.00%
Average Rate Reduction	14.67%	16.12%
Domestic credit card: | Term Extension | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	0.00%	0.00%
Average Term Extension (Months)	0 months	0 months
International card businesses: | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Loans Modified	$ 34	$ 39
International card businesses: | Reduced Interest Rate | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	100.00%	100.00%
Average Rate Reduction	28.00%	27.74%
International card businesses: | Term Extension | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of TDR Activity	0.00%	0.00%
Average Term Extension (Months)	0 months	0 months

Loans - TDR - Subsequent Defaul

Loans - TDR - Subsequent Defaults (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)contract	Mar. 31, 2021USD ($)contract
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	24,491	24,372
Total Loans | $	$ 94	$ 67
Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	22,519	22,336
Total Loans | $	$ 30	$ 38
Consumer Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	1,971	2,036
Total Loans | $	$ 33	$ 29
Consumer Banking | Auto
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	1,971	2,031
Total Loans | $	$ 33	$ 29
Consumer Banking | Retail banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	0	5
Total Loans | $	$ 0	$ 0
Commercial Banking
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	1	0
Total Loans | $	$ 31	$ 0
Commercial Banking | Commercial And Industrial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	1	0
Total Loans | $	$ 31	$ 0
Domestic credit card: | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	6,012	5,134
Total Loans | $	$ 11	$ 10
International card businesses: | Credit Card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	16,507	17,202
Total Loans | $	$ 19	$ 28

Allowance for Credit Losses a_3

Allowance for Credit Losses and Reserve for Unfunded Lending Commitments - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit loss	$ 11,308	$ 11,430
Allowance for credit losses
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit loss	$ 11,308	$ 11,430	$ 14,017	$ 15,564

Allowance for Credit Losses a_4

Allowance for Credit Losses and Reserve for Unfunded Lending Commitments - Summary of Loss Sharing Arrangements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	$ 677	$ (823)
Loss sharing agreements
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Expected reimbursement from loss sharing partners, beginning balance	1,450	2,159
Amounts due from partners which reduced net charge-offs	(107)	(141)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	23	(13)
Expected reimbursement from loss sharing partners, ending balance	$ 1,366	$ 2,005

Allowance for Credit Losses a_5

Allowance for Credit Losses and Reserve for Unfunded Lending Commitments - Allowance for Credit Losses and Reserve for Unfunded Lending Commitments Activity (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	$ 11,430
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	677	$ (823)
Balance at the end of the period	11,308
Other
Allowance for Credit Losses [Roll Forward]
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	(6)	(2)
Allowance for credit losses
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	11,430	15,564
Charge-offs	(1,321)	(1,354)
Recoveries	554	614
Net charge-offs	(767)	(740)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	648	(813)
Allowance build (release) for credit losses	(119)	(1,553)
Other changes	(3)	6
Balance at the end of the period	11,308	14,017
Reserve for unfunded lending commitments
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	165	195
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	35	(8)
Balance at the end of the period	200	187
Combined allowance and reserve
Allowance for Credit Losses [Roll Forward]
Balance at the end of the period	11,508	14,204
Credit Card | Allowance for credit losses
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	8,345	11,191
Charge-offs	(955)	(993)
Recoveries	348	360
Net charge-offs	(607)	(633)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	545	(492)
Allowance build (release) for credit losses	(62)	(1,125)
Other changes	(3)	6
Balance at the end of the period	8,280	10,072
Credit Card | Reserve for unfunded lending commitments
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	0	0
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	0	0
Balance at the end of the period	0	0
Credit Card | Combined allowance and reserve
Allowance for Credit Losses [Roll Forward]
Balance at the end of the period	8,280	10,072
Consumer Banking | Allowance for credit losses
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	1,918	2,715
Charge-offs	(349)	(342)
Recoveries	203	251
Net charge-offs	(146)	(91)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	130	(126)
Allowance build (release) for credit losses	(16)	(217)
Other changes	0	0
Balance at the end of the period	1,902	2,498
Consumer Banking | Reserve for unfunded lending commitments
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	0	0
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	0	0
Balance at the end of the period	0	0
Consumer Banking | Combined allowance and reserve
Allowance for Credit Losses [Roll Forward]
Balance at the end of the period	1,902	2,498
Commercial Banking | Allowance for credit losses
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	1,167	1,658
Charge-offs	(17)	(19)
Recoveries	3	3
Net charge-offs	(14)	(16)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	(27)	(195)
Allowance build (release) for credit losses	(41)	(211)
Other changes	0	0
Balance at the end of the period	1,126	1,447
Commercial Banking | Reserve for unfunded lending commitments
Allowance for Credit Losses [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Beginning Balance	165	195
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	35	(8)
Balance at the end of the period	200	187
Commercial Banking | Combined allowance and reserve
Allowance for Credit Losses [Roll Forward]
Balance at the end of the period	$ 1,326	$ 1,634

Variable Interest Entities an_3

Variable Interest Entities and Securitizations - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Variable Interest Entity [Line Items]
Amortization method qualified affordable housing investments, amortization	$ 161	$ 156
Affordable housing tax credits	250	$ 258
Amortization method qualified affordable housing investments	4,700		$ 4,700
Qualified affordable housing investments, commitment	1,700		1,700
Carrying Amount of Assets	434,195		432,381
VIE, reporting entity involvement, maximum loss exposure	5,070		5,157
Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	5,070		5,157
Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	24,851		26,458
Affordable housing entities
Variable Interest Entity [Line Items]
VIE, reporting entity involvement, maximum loss exposure	4,703		4,774
Affordable housing entities | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	4,703		4,774
Total assets of the unconsolidated VIE investment funds	12,200		11,900
Affordable housing entities | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	297		263
Entities that provide capital to low-income and rural communities
Variable Interest Entity [Line Items]
VIE, reporting entity involvement, maximum loss exposure	0		0
Entities that provide capital to low-income and rural communities | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0		0
Entities that provide capital to low-income and rural communities | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	2,198		2,074
Other
Variable Interest Entity [Line Items]
VIE, reporting entity involvement, maximum loss exposure	367		383
Other | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	367		383
Other | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	$ 0		$ 0

Variable Interest Entities an_4

Variable Interest Entities and Securitizations - Carrying Amount of Consolidated and Unconsolidated VIEs (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	$ 5,070	$ 5,157
Carrying Amount of Assets	434,195	432,381
Carrying Amount of Liabilities	377,850	371,352
Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	24,851	26,458
Carrying Amount of Liabilities	14,317	15,256
Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	5,070	5,157
Carrying Amount of Liabilities	1,439	1,454
Affordable housing entities
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	4,703	4,774
VIE, nonconsolidated, carrying amount of assets included in certain investment structures	2,200	2,200
VIE, nonconsolidated, carrying amount of liabilities included in certain investment structures	551	568
Affordable housing entities | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	297	263
Carrying Amount of Liabilities	53	27
Affordable housing entities | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	4,703	4,774
Carrying Amount of Liabilities	1,439	1,454
Entities that provide capital to low-income and rural communities
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	0	0
Entities that provide capital to low-income and rural communities | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	2,198	2,074
Carrying Amount of Liabilities	26	26
Entities that provide capital to low-income and rural communities | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0	0
Carrying Amount of Liabilities	0	0
Other
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	367	383
Other | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0	0
Carrying Amount of Liabilities	0	0
Other | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	367	383
Carrying Amount of Liabilities	0	0
Total other VIEs
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	5,070	5,157
Total other VIEs | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	2,495	2,337
Carrying Amount of Liabilities	79	53
Total other VIEs | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	5,070	5,157
Carrying Amount of Liabilities	1,439	1,454
Credit card loan securitizations
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	0	0
Credit card loan securitizations | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	20,127	21,569
Carrying Amount of Liabilities	12,348	13,016
Credit card loan securitizations | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0	0
Carrying Amount of Liabilities	0	0
Auto loan securitizations
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	0	0
Auto loan securitizations | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	2,229	2,552
Carrying Amount of Liabilities	1,890	2,187
Auto loan securitizations | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0	0
Carrying Amount of Liabilities	0	0
Total securitization-related VIEs
Variable Interest Entity [Line Items]
Maximum Exposure to Loss	0	0
Total securitization-related VIEs | Consolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	22,356	24,121
Carrying Amount of Liabilities	14,238	15,203
Total securitization-related VIEs | Unconsolidated
Variable Interest Entity [Line Items]
Carrying Amount of Assets	0	0
Carrying Amount of Liabilities	$ 0	$ 0

Variable Interest Entities an_5

Variable Interest Entities and Securitizations - Continuing Involvement in Securitization Related VIEs (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Credit Card
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Securities held by third-party investors, non-mortgage	$ 11,851	$ 12,808
Receivables in the trust, non-mortgage	20,860	22,454
Cash balance of spread or reserve accounts, non-mortgage	0	0
Auto
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Securities held by third-party investors, non-mortgage	1,889	2,186
Receivables in the trust, non-mortgage	2,101	2,418
Cash balance of spread or reserve accounts, non-mortgage	$ 13	$ 13

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 14	$ 6

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Components (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Schedule of Intangible Assets by Major Class [Line Items]
Goodwill, gross	$ 14,784	$ 14,782
Goodwill	14,784	14,782
Intangible assets, gross (excluding Goodwill)	242	242
Accumulated amortization	(145)	(131)
Intangible assets, net (excluding Goodwill)	97	111
Intangible assets gross including Goodwill	15,026	15,024
Total goodwill and other intangible assets, net carrying value	14,881	14,893
Commercial MSRs, gross	641	622
Commercial MSR, accumulated amortization	(210)	(202)
Total commercial MSRs	431	420
PCCR intangibles
Schedule of Intangible Assets by Major Class [Line Items]
Intangible assets, gross (excluding Goodwill)	29	29
Accumulated amortization	(12)	(10)
Intangible assets, net (excluding Goodwill)	17	19
Other intangible assets
Schedule of Intangible Assets by Major Class [Line Items]
Intangible assets, gross (excluding Goodwill)	213	213
Accumulated amortization	(133)	(121)
Intangible assets, net (excluding Goodwill)	$ 80	$ 92

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Goodwill Business Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Goodwill	$ 14,784	$ 14,782
Other adjustments	2
Credit Card
Goodwill [Roll Forward]
Goodwill	5,085	5,087
Other adjustments	(2)
Consumer Banking
Goodwill [Roll Forward]
Goodwill	4,645	4,645
Other adjustments	0
Commercial Banking
Goodwill [Roll Forward]
Goodwill	5,054	$ 5,050
Other adjustments	$ 4

Deposits and Borrowings - Depos

Deposits and Borrowings - Deposits and Short-term Borrowings (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Deposits [Abstract]
Non-interest-bearing deposits	$ 37,781	$ 38,043
Interest-bearing deposits	275,648	272,937
Total deposits	313,429	310,980	$ 310,328
Short-term borrowings
Short-term borrowings	4,594	820
Time deposits, at or above FDIC insurance limit	1,700	1,800
Federal funds purchased and securities loaned or sold under agreements to repurchase
Short-term borrowings
Short-term borrowings	594	820
FHLB advances
Short-term borrowings
Short-term borrowings	$ 4,000	$ 0

Deposits and Borrowings - Long-

Deposits and Borrowings - Long-Term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total long-term debt	$ 40,764	$ 42,266
Total short-term borrowings and long-term debt	45,358	43,086
EUR denominated unsecured notes	26,976	27,219
Euro
Debt Instrument [Line Items]
EUR denominated unsecured notes	$ 1,300	1,400
Securitized debt obligations
Debt Instrument [Line Items]
Weighted average interest rate	1.59%
Carrying value	$ 13,740	14,994
Total senior and subordinated notes
Debt Instrument [Line Items]
Carrying value	$ 26,976	27,219
Senior notes | Total unsecured senior debt
Debt Instrument [Line Items]
Weighted average interest rate	2.81%
Carrying value	$ 21,667	21,684
Senior notes | Fixed unsecured senior debt
Debt Instrument [Line Items]
Weighted average interest rate	2.94%
Carrying value	$ 20,182	19,975
Senior notes | Floating unsecured senior debt
Debt Instrument [Line Items]
Weighted average interest rate	1.01%
Carrying value	$ 1,485	1,709
Subordinated notes | Fixed unsecured subordinated debt
Debt Instrument [Line Items]
Weighted average interest rate	3.52%
Carrying value	$ 5,309	5,535
Finance lease liabilities
Debt Instrument [Line Items]
Weighted average interest rate	3.45%
Carrying value	$ 48	53
Total other long-term borrowings
Debt Instrument [Line Items]
Carrying value	$ 48	$ 53
Minimum | Securitized debt obligations
Debt Instrument [Line Items]
Stated interest rates	0.13%
Minimum | Senior notes | Fixed unsecured senior debt
Debt Instrument [Line Items]
Stated interest rates	0.80%
Minimum | Senior notes | Floating unsecured senior debt
Debt Instrument [Line Items]
Stated interest rates	0.96%
Minimum | Subordinated notes | Fixed unsecured subordinated debt
Debt Instrument [Line Items]
Stated interest rates	2.36%
Minimum | Finance lease liabilities
Debt Instrument [Line Items]
Stated interest rates	0.30%
Maximum | Securitized debt obligations
Debt Instrument [Line Items]
Stated interest rates	2.80%
Maximum | Senior notes | Fixed unsecured senior debt
Debt Instrument [Line Items]
Stated interest rates	4.25%
Maximum | Senior notes | Floating unsecured senior debt
Debt Instrument [Line Items]
Stated interest rates	1.16%
Maximum | Subordinated notes | Fixed unsecured subordinated debt
Debt Instrument [Line Items]
Stated interest rates	4.20%
Maximum | Finance lease liabilities
Debt Instrument [Line Items]
Stated interest rates	9.91%

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Loss (net after-tax) recorded in AOCI related to derivatives designated as cash flow hedges expected to be reclassified to earnings over the next 12 months	$ 65
Maximum length of time over which forecasted transactions were hedged, years	6 years

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Derivative Assets and Liabilities at Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Notional or contractual amount	$ 224,374	$ 213,069
Derivative assets, gross amount	4,519	2,690
Derivative liabilities, gross amount	(4,853)	(1,868)
Derivative asset, netting adjustments	(761)	(542)
Derivative liability, netting adjustments	(1,282)	(544)
Total derivative assets	3,758	2,148
Total derivative liabilities	3,571	1,324
Net valuation allowance on derivative assets and liabilities for non-performance risk	10	11
Derivatives designated as accounting hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	112,592	111,618
Derivative assets, gross amount	161	326
Derivative liabilities, gross amount	(265)	(39)
Derivatives designated as accounting hedges | Interest rate contracts
Derivatives, Fair Value [Line Items]
Notional or contractual amount	104,565	102,059
Derivative assets, gross amount	32	246
Derivative liabilities, gross amount	(157)	(19)
Derivatives designated as accounting hedges | Interest rate contracts | Fair value hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	50,665	49,659
Derivative assets, gross amount	7	2
Derivative liabilities, gross amount	(6)	(3)
Derivatives designated as accounting hedges | Interest rate contracts | Cash flow hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	53,900	52,400
Derivative assets, gross amount	25	244
Derivative liabilities, gross amount	(151)	(16)
Derivatives designated as accounting hedges | Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Notional or contractual amount	8,027	9,559
Derivative assets, gross amount	129	80
Derivative liabilities, gross amount	(108)	(20)
Derivatives designated as accounting hedges | Foreign exchange contracts | Fair value hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	1,383	1,421
Derivative assets, gross amount	0	13
Derivative liabilities, gross amount	(67)	0
Derivatives designated as accounting hedges | Foreign exchange contracts | Cash flow hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	3,145	4,679
Derivative assets, gross amount	19	24
Derivative liabilities, gross amount	(28)	(20)
Derivatives designated as accounting hedges | Foreign exchange contracts | Net investment hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	3,499	3,459
Derivative assets, gross amount	110	43
Derivative liabilities, gross amount	(13)	0
Derivatives not designated as accounting hedges
Derivatives, Fair Value [Line Items]
Notional or contractual amount	111,782	101,451
Derivative assets, gross amount	4,358	2,364
Derivative liabilities, gross amount	(4,588)	(1,829)
Derivatives not designated as accounting hedges | Customer accommodation
Derivatives, Fair Value [Line Items]
Notional or contractual amount	106,814	97,524
Derivative assets, gross amount	4,300	2,329
Derivative liabilities, gross amount	(4,570)	(1,797)
Derivatives not designated as accounting hedges | Interest rate contracts | Customer accommodation
Derivatives, Fair Value [Line Items]
Notional or contractual amount	77,158	71,724
Derivative assets, gross amount	355	620
Derivative liabilities, gross amount	(777)	(194)
Derivatives not designated as accounting hedges | Interest rate contracts | Other interest rate exposures
Derivatives, Fair Value [Line Items]
Notional or contractual amount	2,871	1,899
Derivative assets, gross amount	55	33
Derivative liabilities, gross amount	(23)	(25)
Derivatives not designated as accounting hedges | Foreign exchange contracts | Customer accommodation
Derivatives, Fair Value [Line Items]
Notional or contractual amount	4,271	3,779
Derivative assets, gross amount	55	40
Derivative liabilities, gross amount	(47)	(42)
Derivatives not designated as accounting hedges | Commodity contracts | Customer accommodation
Derivatives, Fair Value [Line Items]
Notional or contractual amount	25,385	22,021
Derivative assets, gross amount	3,890	1,669
Derivative liabilities, gross amount	(3,746)	(1,561)
Derivatives not designated as accounting hedges | Other contracts
Derivatives, Fair Value [Line Items]
Notional or contractual amount	2,097	2,028
Derivative assets, gross amount	3	2
Derivative liabilities, gross amount	$ (5)	$ (7)

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities - Hedged Items in Fair Value Hedging Relationship (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Hedged Items In Fair Value Hedging Relationship [Line Items]
Hedged Assets, Fair Value Hedge, Cumulative Increase (Decrease)	$ (9)	$ 3
Hedged Assets, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	240
Prepayable Financial Asset Closed Portfolio, Last-of-Layer, Amortized Cost	225
Available-for-sale securities
Hedged Items In Fair Value Hedging Relationship [Line Items]
Carrying Amount of Assets	9,125	10,327
Hedged Assets, Fair Value Hedge, Cumulative Increase (Decrease)	85	286
Hedged Assets, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	263	295
Interest-bearing deposits
Hedged Items In Fair Value Hedging Relationship [Line Items]
Carrying Amount Of Liabilities	(7,670)	(7,361)
Hedged Liabilities, Fair Value Hedge, Cumulative Increase (Decrease)	68	(47)
Hedged Liabilities, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	(1)	(1)
Securitized debt obligations
Hedged Items In Fair Value Hedging Relationship [Line Items]
Carrying Amount Of Liabilities	(10,798)	(11,155)
Hedged Liabilities, Fair Value Hedge, Cumulative Increase (Decrease)	352	49
Hedged Liabilities, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	1	3
Senior and subordinated notes
Hedged Items In Fair Value Hedging Relationship [Line Items]
Carrying Amount Of Liabilities	(23,497)	(22,777)
Hedged Liabilities, Fair Value Hedge, Cumulative Increase (Decrease)	370	(531)
Hedged Liabilities, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	$ (658)	$ (708)

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities - Offsetting Assets (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative assets
Derivative assets, gross amount	$ 4,519	$ 2,690
Derivative assets, offsetting financial instruments	(425)	(252)
Derivative assets, offsetting cash collateral	(336)	(290)
Total derivative assets	3,758	2,148
Derivative assets, securities not netted	0	0
Net Exposure	3,758	2,148
Derivative, collateral, obligation to return cash	391	377
Derivative, collateral, obligation to return securities	15	1
Derivative, collateral, right to reclaim cash	$ 3,800	$ 2,000

Derivative Instruments and He_8

Derivative Instruments and Hedging Activities - Offsetting Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative liabilities
Derivative liabilities, gross amount	$ 4,853	$ 1,868
Derivative liabilities, offsetting financial instruments	(425)	(252)
Derivative liabilities, offsetting cash collateral	(857)	(292)
Total derivative liabilities	3,571	1,324
Derivative liabilities, securities collateral not netted	0	0
Net exposure	3,571	1,324
Repurchase agreements
Gross amounts	594	820
Repurchase agreements, securities sold, offset	0	0
Repurchase agreements, cash collateral pledged, offset	0	0
Net amounts as recognized	594	820
Repurchase agreements, securities collateral not netted	(594)	(820)
Net exposure	0	0
Derivative, collateral, obligation to return cash	391	377
Derivative, collateral, obligation to return securities	15	1
Derivative, collateral, right to reclaim cash	3,800	2,000
Securities sold under repurchase agreements, fair value of collateral	$ 606	$ 836

Derivative Instruments and He_9

Derivative Instruments and Hedging Activities - Effects of Fair Value and Cash Flow Hedge Accounting (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Interest and dividend income, securities	$ 402	$ 391
Interest and fee income, loans	6,367	5,854
Interest and dividend income, other	15	16
Deposits	(218)	(269)
Securitized debt obligations	(29)	(32)
Senior and subordinated notes	(131)	(129)
Non-interest income	343	122
Amortization expense (benefit)	(17)	(22)
Loss (net after-tax) recorded in AOCI related to derivatives designated as cash flow hedges expected to be reclassified to earnings over the next 12 months	$ (65)
Maximum length of time over which forecasted transactions were hedged, years	6 years
Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Realized losses (gains) on foreign exchange contracts reclassified from AOCI	$ 13	(85)
Fair value hedges | Interest income - Investment securities
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	(34)	(30)
Fair value hedges | Interest income - Loans
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	0	0
Fair value hedges | Interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	0	0
Fair value hedges | Interest expense - Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	21	36
Fair value hedges | Interest expense - Securitized Debt Obligation
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	25	28
Fair value hedges | Interest expense - Senior and Subordinated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	77	93
Fair value hedges | Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized on fair value hedges	0	0
Fair value hedges | Interest rate contracts | Interest income - Investment securities
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	(8)	(25)
Gains (losses) recognized on derivatives	175	100
Gains (losses) recognized on hedged items	(201)	(105)
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Fair value hedges | Interest rate contracts | Interest income - Loans
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	0	0
Gains (losses) recognized on derivatives	0	0
Gains (losses) recognized on hedged items	0	0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Fair value hedges | Interest rate contracts | Interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	0	0
Gains (losses) recognized on derivatives	0	0
Gains (losses) recognized on hedged items	0	0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Fair value hedges | Interest rate contracts | Interest expense - Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	21	36
Gains (losses) recognized on derivatives	(115)	(58)
Gains (losses) recognized on hedged items	115	58
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Fair value hedges | Interest rate contracts | Interest expense - Securitized Debt Obligation
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	27	33
Gains (losses) recognized on derivatives	(305)	(80)
Gains (losses) recognized on hedged items	303	75
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Fair value hedges | Interest rate contracts | Interest expense - Senior and Subordinated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	38	62
Gains (losses) recognized on derivatives	(856)	(336)
Gains (losses) recognized on hedged items	896	368
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	(1)	(1)
Fair value hedges | Interest rate contracts | Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Interest recognized on derivatives	0	0
Gains (losses) recognized on derivatives	(38)	(61)
Gains (losses) recognized on hedged items	38	61
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net	0	0
Cash flow hedges | Interest income - Investment securities
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	9
Cash flow hedges | Interest income - Loans
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	127	226
Cash flow hedges | Interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	1
Cash flow hedges | Interest expense - Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	0
Cash flow hedges | Interest expense - Securitized Debt Obligation
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	0
Cash flow hedges | Interest expense - Senior and Subordinated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	0
Cash flow hedges | Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Net income recognized on cash flow hedges	0	0
Cash flow hedges | Interest rate contracts | Interest income - Investment securities
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	9
Cash flow hedges | Interest rate contracts | Interest income - Loans
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	127	226
Cash flow hedges | Interest rate contracts | Interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Interest rate contracts | Interest expense - Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Interest rate contracts | Interest expense - Securitized Debt Obligation
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Interest rate contracts | Interest expense - Senior and Subordinated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Interest rate contracts | Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Interest income - Investment securities
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Interest income - Loans
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	1
Cash flow hedges | Foreign exchange contracts | Interest expense - Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Interest expense - Securitized Debt Obligation
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Interest expense - Senior and Subordinated Debt
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0
Cash flow hedges | Foreign exchange contracts | Non interest income - Other
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	$ 0	$ 0

Derivative Instruments and H_10

Derivative Instruments and Hedging Activities - Gains Losses on Freestanding Derivatives (Details) - Other non-interest income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	$ 44	$ 30
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	16	19
Interest rate contracts | Customer accommodation
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	9	10
Interest rate contracts | Other interest rate exposures
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	26	11
Commodity contracts | Customer accommodation
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	6	5
Foreign exchange contracts | Customer accommodation
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	1	4
Other contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives not designated as accounting hedges	$ 2	$ 0

Stockholders' Equity - Preferre

Stockholders' Equity - Preferred Stock Outstanding (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 4,845	$ 4,845
Series I Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	5.00%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	1,500,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 1,462	1,462
Series J Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	4.80%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	1,250,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 1,209	1,209
Series K Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	4.625%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	125,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 122	122
Series L Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	4.375%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	675,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 652	652
Series M Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	3.95%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	1,000,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 988	988
Preferred Stock, Dividend Payment Rate, Variable	5-Year Treasury Rate +3.157
Series N Preferred Stock
Class of Stock [Line Items]
Per Annum Dividend Rate	4.25%
Liquidation Preference per Share	$ 1,000
Total Shares Outstanding as of March 31, 2022	425,000
Preferred Stock, Including Additional Paid in Capital, Net of Discount	$ 412	$ 412

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	$ 374
Other comprehensive income (loss), net of tax	(4,467)	$ (1,711)
AOCI ending balance	(4,093)
Securities available for sale | Available-for-sale securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	297	2,186
Other comprehensive income (loss) before reclassifications	(3,253)	(1,145)
Amounts reclassified from AOCI into earnings	0	(3)
Other comprehensive income (loss), net of tax	(3,253)	(1,148)
AOCI ending balance	(2,956)	1,038
Hedging Relationships
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	118	1,362
Other comprehensive income (loss) before reclassifications	(1,123)	(338)
Amounts reclassified from AOCI into earnings	(86)	(243)
Other comprehensive income (loss), net of tax	(1,209)	(581)
AOCI ending balance	(1,091)	781
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	(21)	(31)
Other comprehensive income (loss) before reclassifications	(5)	19
Amounts reclassified from AOCI into earnings	0	0
Other comprehensive income (loss), net of tax	(5)	19
AOCI ending balance	(26)	(12)
Other
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	(20)	(23)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI into earnings	0	(1)
Other comprehensive income (loss), net of tax	0	(1)
AOCI ending balance	(20)	(24)
Total
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
AOCI beginning balance	374	3,494
Other comprehensive income (loss) before reclassifications	(4,381)	(1,464)
Amounts reclassified from AOCI into earnings	(86)	(247)
Other comprehensive income (loss), net of tax	(4,467)	(1,711)
AOCI ending balance	(4,093)	1,783
Net investment hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Other comprehensive gain (loss)	$ 48	$ (21)

Stockholders' Equity - Reclassi

Stockholders' Equity - Reclassifications from AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest income	$ 6,397	$ 5,822
Interest expense	387	439
Non-interest income	343	122
Income from continuing operations before income taxes	2,945	4,196
Income tax provision	542	869
Net income (loss)	2,403	3,325
Accumulated other comprehensive income (loss)	(4,093)		$ 374
Other comprehensive income (loss), net of tax	(4,467)	(1,711)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income (loss)	86	247
Securities available for sale | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-interest income	0	4
Income tax provision	0	1
Net income (loss)	0	3
Hedging Relationships
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive income (loss)	(1,091)	781	118	$ 1,362
Other comprehensive income (loss) before reclassifications	(1,123)	(338)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(86)	(243)
Other comprehensive income (loss), net of tax	(1,209)	(581)
Hedging Relationships | Interest rate contracts | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest income	127	235
Hedging Relationships | Foreign exchange contracts | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest income	0	1
Interest expense	(1)	(1)
Non-interest income	(13)	85
Income from continuing operations before income taxes	113	320
Income tax provision	27	77
Net income (loss)	86	243
Foreign Currency Translation Adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive income (loss)	(26)	(12)	(21)	(31)
Other comprehensive income (loss) before reclassifications	(5)	19
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Other comprehensive income (loss), net of tax	(5)	19
Other
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive income (loss)	(20)	(24)	(20)	(23)
Other comprehensive income (loss) before reclassifications	0	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	(1)
Other comprehensive income (loss), net of tax	0	(1)
Other | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income from continuing operations before income taxes	0	1
Income tax provision	0	0
Net income (loss)	0	1
Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive income (loss)	(4,093)	1,783	$ 374	$ 3,494
Other comprehensive income (loss) before reclassifications	(4,381)	(1,464)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(86)	(247)
Other comprehensive income (loss), net of tax	$ (4,467)	$ (1,711)

Stockholders' Equity - Other Co

Stockholders' Equity - Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Before Tax
Net unrealized gains (losses) on securities available for sale	$ (4,287)	$ (1,512)
Net unrealized gains (losses) on hedging relationships	(1,593)	(766)
Foreign currency translation adjustments	10	13
Other	0	(1)
Other comprehensive income (loss), before tax	(5,870)	(2,266)
Provision (Benefit)
Net unrealized gains (losses) on securities available for sale	(1,034)	(364)
Net unrealized gains (losses) on hedging relationships	(384)	(185)
Foreign currency translation adjustments	15	(6)
Other	0	0
Other comprehensive income (loss), provision (benefit)	(1,403)	(555)
After Tax
Net unrealized gains (losses) on securities available for sale	(3,253)	(1,148)
Net unrealized gains (losses) on hedging relationships	(1,209)	(581)
Foreign currency translation adjustments	(5)	19
Other	0	(1)
Other comprehensive loss, net of tax	$ (4,467)	$ (1,711)

Earnings Per Common Share - Add

Earnings Per Common Share - Additional Information (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Award
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive options excluded from the computation of diluted earnings per share (in shares)	0	103
Stock option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive options excluded from the computation of diluted earnings per share (in shares)	0

Earnings Per Common Share - Com

Earnings Per Common Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Income from continuing operations, net of tax	$ 2,403	$ 3,327
Income (loss) from discontinued operations, net of tax	0	(2)
Net income	2,403	3,325
Dividends and undistributed earnings allocated to participating securities	(28)	(28)
Preferred stock dividends	(57)	(61)
Net income available to common stockholders	$ 2,318	$ 3,236
Total weighted-average basic common shares outstanding	410.4	458.6
Effect of dilutive securities:
Stock options	0.5	0.8
Other contingently issuable shares	1.3	0.7
Total effect of dilutive securities	1.8	1.5
Weighted Average Number of Shares Outstanding, Diluted, Total	412.2	460.1
Basic earnings per common share:
Net income from continuing operations	$ 5.65	$ 7.06
Net income per basic common share	5.65	7.06
Diluted earnings per common share:
Net income from continuing operations	5.62	7.03
Net income per diluted common share	$ 5.62	$ 7.03

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Details) - Appraisal value - Level 3 - Non-Recoverable Rate	Mar. 31, 2022	Dec. 31, 2021
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, measurement input	0.00%	0.00%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, measurement input	100.00%	100.00%
Weighted average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment, measurement input	24.00%	13.00%

Fair Value Measurement - Assets

Fair Value Measurement - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Assets:
Securities available for sale	$ 89,076	$ 95,261
Loans Held-for-sale, Fair Value Disclosure	928	1,000
Derivative assets, gross amount	4,519	2,690
Derivative asset, netting adjustments	(761)	(542)
Derivative asset	3,758	2,148
Liabilities:
Derivative liabilities, gross amount	4,853	1,868
Derivative liability, netting adjustments	(1,282)	(544)
Derivative liability	3,571	1,324
Net valuation allowance	10	11
Level 1
Assets:
Loans Held-for-sale, Fair Value Disclosure	0	0
Level 2
Assets:
Loans Held-for-sale, Fair Value Disclosure	227	5,091
Level 3
Assets:
Loans Held-for-sale, Fair Value Disclosure	0	0
Recurring
Assets:
Securities available for sale	89,076	95,261
Loans Held-for-sale, Fair Value Disclosure	928	1,026
Derivative asset	3,758	2,148
Other assets	568	573
Total assets	94,330	99,008
Liabilities:
Derivative liability	3,571	1,324
Recurring | Level 1
Assets:
Securities available for sale	9,700	9,648
Loans Held-for-sale, Fair Value Disclosure	0	0
Derivative assets, gross amount	1,106	406
Other assets	525	526
Total assets	11,331	10,580
Other assets:
Deferred compensation plan assets	494	490
Liabilities:
Derivative liabilities, gross amount	2,225	838
Recurring | Level 2
Assets:
Securities available for sale	79,144	85,346
Loans Held-for-sale, Fair Value Disclosure	928	1,026
Derivative assets, gross amount	3,211	2,200
Other assets	4	6
Total assets	83,287	88,578
Liabilities:
Derivative liabilities, gross amount	2,448	965
Recurring | Level 3
Assets:
Securities available for sale	232	267
Loans Held-for-sale, Fair Value Disclosure	0	0
Derivative assets, gross amount	202	84	$ 157
Other assets	39	41
Total assets	473	392
Other assets:
Retained interests in securitizations	39	41
Liabilities:
Derivative liabilities, gross amount	180	65	$ 123
Recurring | Fair Value Inputs Level 1 And Level 2 [Member]
Other assets:
Equity securities	35	42
Liabilities:
Debt and Equity Securities, Unrealized Gain (Loss)	(5)	(36)
U.S. Treasury securities
Assets:
Securities available for sale	9,497	9,442
U.S. Treasury securities | Recurring
Assets:
Securities available for sale	9,497	9,442
U.S. Treasury securities | Recurring | Level 1
Assets:
Securities available for sale	9,497	9,442
U.S. Treasury securities | Recurring | Level 2
Assets:
Securities available for sale	0	0
U.S. Treasury securities | Recurring | Level 3
Assets:
Securities available for sale	0	0
RMBS
Assets:
Securities available for sale	68,425	73,616
RMBS | Recurring
Assets:
Securities available for sale	68,425	73,616
RMBS | Recurring | Level 1
Assets:
Securities available for sale	0	0
RMBS | Recurring | Level 2
Assets:
Securities available for sale	68,214	73,358
RMBS | Recurring | Level 3
Assets:
Securities available for sale	211	258
CMBS | Recurring
Assets:
Securities available for sale	8,365	9,369
CMBS | Recurring | Level 1
Assets:
Securities available for sale	0	0
CMBS | Recurring | Level 2
Assets:
Securities available for sale	8,344	9,360
CMBS | Recurring | Level 3
Assets:
Securities available for sale	21	9
Other securities
Assets:
Securities available for sale	2,789	2,834
Other securities | Recurring
Assets:
Securities available for sale	2,789	2,834
Other securities | Recurring | Level 1
Assets:
Securities available for sale	203	206
Other securities | Recurring | Level 2
Assets:
Securities available for sale	2,586	2,628
Other securities | Recurring | Level 3
Assets:
Securities available for sale	$ 0	$ 0

Fair Value Measurement - Level

Fair Value Measurement - Level 3 Recurring Fair Value Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Derivative, Fair Value, Net [Abstract]
Derivative assets, gross amount	$ 4,519		$ 2,690
Derivative liabilities, gross amount	4,853		1,868
Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Unrealized Gains (Losses) Included in OCI Related to Assets and Liabilities Still Held	(7)	$ (2)
Derivative, Fair Value, Net [Abstract]
Beginning balance	19	31
Total Gains or (Losses) (Realized/Unrealized), Included in Net Income	5	(21)
Total Gains or (Losses) (Realized/Unrealized), Included in OCI	0	0
Purchases	0	0
Sales	0	0
Issuances	28	38
Settlements	(2)	(14)
Transfers Into Level 3	(28)	0
Transfers Out of Level 3	0	0
Ending balance	22	34
Derivative assets, gross amount	202	157	84
Derivative liabilities, gross amount	180	123	$ 65
RMBS | Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	258	328
Total Gains or (Losses) (Realized/Unrealized), Included in Net Income	10	7
Total Gains or (Losses) (Realized/Unrealized), Included in OCI	(12)	2
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	(28)	(26)
Transfers Into Level 3	12	39
Transfers Out of Level 3	(29)	(24)
Ending balance	211	326
Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held	3	7
CMBS | Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	9	111
Total Gains or (Losses) (Realized/Unrealized), Included in Net Income	0	0
Total Gains or (Losses) (Realized/Unrealized), Included in OCI	0	(2)
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	(1)	(6)
Transfers Into Level 3	13	0
Transfers Out of Level 3	0	(93)
Ending balance	21	10
Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held	(1)	0
Available-for-sale securities | Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	267	439
Total Gains or (Losses) (Realized/Unrealized), Included in Net Income	10	7
Total Gains or (Losses) (Realized/Unrealized), Included in OCI	(12)	0
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	(29)	(32)
Transfers Into Level 3	25	39
Transfers Out of Level 3	(29)	(117)
Ending balance	232	336
Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held	2	7
Retained interest in securitizations | Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	41	55
Total Gains or (Losses) (Realized/Unrealized), Included in Net Income	(2)	(5)
Total Gains or (Losses) (Realized/Unrealized), Included in OCI	0	0
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	0	0
Transfers Into Level 3	0	0
Transfers Out of Level 3	0	0
Ending balance	39	50
Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held	(2)	(5)
Net derivative assets (liabilities) | Recurring | Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held	$ 1	$ (19)

Fair Value Measurement - Quanti

Fair Value Measurement - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	$ 89,076	$ 95,261
Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	89,076	95,261
Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	232	267
Retained interests in securitizations	39	41
Net derivative assets (liabilities)	22	19	$ 34	$ 31
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	68,425	73,616
RMBS | Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	68,425	73,616
RMBS | Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	211	258
CMBS | Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	8,365	9,369
CMBS | Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available for sale	$ 21	$ 9
Yield | RMBS | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0	0
Yield | RMBS | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.25	0.21
Yield | RMBS | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.04	0.03
Yield | CMBS | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.01	0.01
Yield | CMBS | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.23	0.02
Yield | CMBS | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.15	0.01
Voluntary prepayment rate | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.09	0.09
Voluntary prepayment rate | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.18	0.18
Voluntary prepayment rate | RMBS | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.05	0.05
Voluntary prepayment rate | RMBS | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.20	0.40
Voluntary prepayment rate | RMBS | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.11	0.11
Default rate | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.01	0.03
Default rate | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.03	0.04
Default rate | RMBS | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0	0.01
Default rate | RMBS | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.11	0.11
Default rate | RMBS | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.02	0.02
Loss severity | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.76	0.72
Loss severity | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	2.91	1.51
Loss severity | RMBS | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.30	0.30
Loss severity | RMBS | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.88	1
Loss severity | RMBS | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Securities available-for-sale, measurement input	0.63	0.65
Life of receivables (months) | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input, life of receivables	29 months	29 months
Life of receivables (months) | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input, life of receivables	37 months	36 months
Discount rate | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.03	0.02
Discount rate | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Retained interests, measurement input	0.08	0.08
Swap rates | Recurring | Level 3 | Discounted cash flows | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative assets (liabilities), measurement input	0.02	0.01
Swap rates | Recurring | Level 3 | Discounted cash flows | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative assets (liabilities), measurement input	0.02	0.02
Swap rates | Recurring | Level 3 | Discounted cash flows | Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative assets (liabilities), measurement input	0.02	0.02

Fair Value Measurement - Nonrec

Fair Value Measurement - Nonrecurring Fair Value Measurements (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Held-for-sale, Fair Value Disclosure	$ 928	$ 1,000
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans held for investment	0	0
Loans Held-for-sale, Fair Value Disclosure	227	5,091
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans held for investment	273,434	270,508
Loans Held-for-sale, Fair Value Disclosure	0	0
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans held for investment	130	194
Loans Held-for-sale, Fair Value Disclosure	123	118
Other assets	45	325
Total assets	298	637
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans held for investment	0	0
Loans Held-for-sale, Fair Value Disclosure	123	118
Other assets	0	0
Total assets	123	118
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans held for investment	130	194
Loans Held-for-sale, Fair Value Disclosure	0	0
Other assets	45	325
Total assets	175	519
Equity investments subject to Impairment		50
Equity investments accounted for under measurement alternative		29
Foreclosed property and repossessed assets, fair value disclosure	$ 45	40
Long lived assets held for sale		$ 206

Fair Value Measurement - Nonr_2

Fair Value Measurement - Nonrecurring Fair Value Measurements Included in Earnings (Details) - Nonrecurring - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	$ (14)	$ (16)
Other assets	(19)	(36)
Total	$ (33)	$ (52)

Fair Value Measurement - Fair V

Fair Value Measurement - Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financial assets:
Loans Held-for-sale, Fair Value Disclosure	$ 928	$ 1,000
Level 1
Financial assets:
Cash and cash equivalents	5,107	4,164
Restricted cash for securitization investors	281	308
Net loans held for investment	0	0
Loans Held-for-sale, Fair Value Disclosure	0	0
Interest receivable	0	0
Other investments	0	0
Financial liabilities:
Deposits with defined maturities	0	0
Securitized debt obligations	0	0
Senior and subordinated notes	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase	0	0
Other borrowings	0
Interest payable	0	0
Level 2
Financial assets:
Cash and cash equivalents	21,697	17,582
Restricted cash for securitization investors	0	0
Net loans held for investment	0	0
Loans Held-for-sale, Fair Value Disclosure	227	5,091
Interest receivable	1,479	1,460
Other investments	1,492	1,344
Financial liabilities:
Deposits with defined maturities	17,218	18,062
Securitized debt obligations	13,773	15,122
Senior and subordinated notes	27,234	27,842
Federal funds purchased and securities loaned or sold under agreements to repurchase	594	820
Other borrowings	4,000
Interest payable	261	281
Level 3
Financial assets:
Cash and cash equivalents	0	0
Restricted cash for securitization investors	0	0
Net loans held for investment	273,434	270,508
Loans Held-for-sale, Fair Value Disclosure	0	0
Interest receivable	0	0
Other investments	0	0
Financial liabilities:
Deposits with defined maturities	0	0
Securitized debt obligations	0	0
Senior and subordinated notes	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase	0	0
Other borrowings	0
Interest payable	0	0
Carrying Value
Financial assets:
Cash and cash equivalents	26,804	21,746
Restricted cash for securitization investors	281	308
Net loans held for investment	269,158	265,910
Loans Held-for-sale, Fair Value Disclosure	227	4,862
Interest receivable	1,479	1,460
Other investments	1,492	1,344
Financial liabilities:
Deposits with defined maturities	17,306	17,923
Securitized debt obligations	13,740	14,994
Senior and subordinated notes	26,976	27,219
Federal funds purchased and securities loaned or sold under agreements to repurchase	594	820
Other borrowings	4,000
Interest payable	261	281
Estimated Fair Value
Financial assets:
Cash and cash equivalents	26,804	21,746
Restricted cash for securitization investors	281	308
Net loans held for investment	273,434	270,508
Loans Held-for-sale, Fair Value Disclosure	227	5,091
Interest receivable	1,479	1,460
Other investments	1,492	1,344
Financial liabilities:
Deposits with defined maturities	17,218	18,062
Securitized debt obligations	13,773	15,122
Senior and subordinated notes	27,234	27,842
Federal funds purchased and securities loaned or sold under agreements to repurchase	594	820
Other borrowings	4,000
Interest payable	$ 261	$ 281

Business Segments and Revenue_3

Business Segments and Revenue from Contracts with Customers - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022segment
Segment Reporting Information [Line Items]
Number of operating segments	3

Business Segments and Revenue_4

Business Segments and Revenue from Contracts with Customers - Segment Results and Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net interest income (loss)	$ 6,397	$ 5,822
Non-interest income (loss)	1,776	1,291
Total net revenue (loss)	8,173	7,113
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	677	(823)
Non-interest expense	4,551	3,740
Income from continuing operations before income taxes	2,945	4,196
Income tax provision	542	869
Income (loss) from continuing operations, net of tax	2,403	3,327
Total loans held for investment	280,466	243,131	$ 277,340
Total Deposits	313,429	310,328	$ 310,980
Uncollectible portion of billed finance charges and fees	192	180
Operating segments | Credit Card
Segment Reporting Information [Line Items]
Net interest income (loss)	3,839	3,372
Non-interest income (loss)	1,458	1,029
Total net revenue (loss)	5,297	4,401
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	545	(492)
Non-interest expense	2,783	2,135
Income from continuing operations before income taxes	1,969	2,758
Income tax provision	469	653
Income (loss) from continuing operations, net of tax	1,500	2,105
Total loans held for investment	113,962	99,127
Total Deposits	0	0
Operating segments | Consumer Banking
Segment Reporting Information [Line Items]
Net interest income (loss)	2,113	2,030
Non-interest income (loss)	105	141
Total net revenue (loss)	2,218	2,171
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	130	(126)
Non-interest expense	1,236	1,117
Income from continuing operations before income taxes	852	1,180
Income tax provision	202	278
Income (loss) from continuing operations, net of tax	650	902
Total loans held for investment	80,330	70,202
Total Deposits	258,359	254,001
Operating segments | Commercial Banking
Segment Reporting Information [Line Items]
Net interest income (loss)	607	520
Non-interest income (loss)	277	240
Total net revenue (loss)	884	760
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	8	(203)
Non-interest expense	488	419
Income from continuing operations before income taxes	388	544
Income tax provision	92	128
Income (loss) from continuing operations, net of tax	296	416
Total loans held for investment	86,174	73,802
Total Deposits	45,232	41,552
Other
Segment Reporting Information [Line Items]
Net interest income (loss)	(162)	(100)
Non-interest income (loss)	(64)	(119)
Total net revenue (loss)	(226)	(219)
Amounts expected to become due from (to) partners which reduced (increased) provision for credit losses	(6)	(2)
Non-interest expense	44	69
Income from continuing operations before income taxes	(264)	(286)
Income tax provision	(221)	(190)
Income (loss) from continuing operations, net of tax	(43)	(96)
Total loans held for investment	0	0
Total Deposits	$ 9,838	$ 14,775

Business Segments and Revenue_5

Business Segments and Revenue from Contracts with Customers - Revenue from Contracts with Customers (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total contract revenue	$ 1,233	$ 1,001
Revenue (reduction) from other sources	543	290
Non-interest income (loss)	1,776	1,291
Operating segments | Credit Card
Disaggregation of Revenue [Line Items]
Total contract revenue	1,032	813
Revenue (reduction) from other sources	426	216
Non-interest income (loss)	1,458	1,029
Operating segments | Consumer Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	114	120
Revenue (reduction) from other sources	(9)	21
Non-interest income (loss)	105	141
Operating segments | Commercial Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	87	68
Revenue (reduction) from other sources	190	172
Non-interest income (loss)	277	240
Other
Disaggregation of Revenue [Line Items]
Total contract revenue	0	0
Revenue (reduction) from other sources	(64)	(119)
Non-interest income (loss)	(64)	(119)
Interchange fees, net
Disaggregation of Revenue [Line Items]
Total contract revenue	1,033	817
Interchange fees, net | Operating segments | Credit Card
Disaggregation of Revenue [Line Items]
Total contract revenue	937	743
Interchange fees, net | Operating segments | Consumer Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	71	57
Interchange fees, net | Operating segments | Commercial Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	24	17
Interchange fees, net | Other
Disaggregation of Revenue [Line Items]
Total contract revenue	1	0
Service charges and other customer-related fees
Disaggregation of Revenue [Line Items]
Total contract revenue	90	94
Service charges and other customer-related fees | Operating segments | Credit Card
Disaggregation of Revenue [Line Items]
Total contract revenue	0	0
Service charges and other customer-related fees | Operating segments | Consumer Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	26	44
Service charges and other customer-related fees | Operating segments | Commercial Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	65	50
Service charges and other customer-related fees | Other
Disaggregation of Revenue [Line Items]
Total contract revenue	(1)	0
Other
Disaggregation of Revenue [Line Items]
Total contract revenue	110	90
Other | Operating segments | Credit Card
Disaggregation of Revenue [Line Items]
Total contract revenue	95	70
Other | Operating segments | Consumer Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	17	19
Other | Operating segments | Commercial Banking
Disaggregation of Revenue [Line Items]
Total contract revenue	(2)	1
Other | Other
Disaggregation of Revenue [Line Items]
Total contract revenue	$ 0	$ 0

Commitments, Contingencies, G_3

Commitments, Contingencies, Guarantees, and Others - Unfunded Lending Commitments: Contractual Amount and Carrying Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Unfunded lending commitments, contractual amount	$ 400,516	$ 414,499
Off-balance sheet lending commitment, carrying value	185	149
Credit Card
Loss Contingencies [Line Items]
Unused commitments to extend credit, contractual amount	353,763	368,508
Other excluding credit card
Loss Contingencies [Line Items]
Unused commitments to extend credit, contractual amount	45,224	44,572
Off-balance sheet lending commitment, carrying value	155	125
Advised line of credit	4,000	3,900
Letter of credit
Loss Contingencies [Line Items]
Standby letters of credit and commercial letters of credit, contractual amount	1,529	1,419
Off-balance sheet lending commitment, carrying value	$ 30	$ 24

Commitments, Contingencies, G_4

Commitments, Contingencies, Guarantees, and Others - Loss Sharing and UK PPI (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Loss sharing agreements
Loss Contingencies [Line Items]
Guarantee obligation	$ 88	$ 90

Commitments, Contingencies, G_5

Commitments, Contingencies, Guarantees, and Others - Litigation (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)claim
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss	$ 200
Interchange litigation | Pending litigation
Loss Contingencies [Line Items]
Litigation settlement, attributable to reporting entity and third party	$ 5,500
Cybersecurity Incident
Loss Contingencies [Line Items]
Number of consumer class action cases filed for Cybersecurity Incident | claim	75
Penalty Paid to the US Treasury	$ 80