U.S. Bancorp (USB) 10-K27 Feb 232022 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($) $ in Billions	12 Months Ended
Cover Page - USD ($) $ in Billions	Dec. 31, 2022	Jan. 31, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Registrant Name	US BANCORP \DE\
Document Type	10-K
Document Period End Date	Dec. 31, 2022
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Smaller Reporting Company	false
Entity Emerging Growth Company	false
Document Transition Report	false
Document Annual Report	true
Entity File Number	1-6880
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-0255900
Entity Interactive Data Current	Yes
Entity Address, Postal Zip Code	55402
Entity Address, City or Town	Minneapolis
Entity Address, State or Province	MN
Entity Address, Address Line One	800 Nicollet Mall
City Area Code	651
Local Phone Number	466-3000
Entity Common Stock, Shares Outstanding		1,531,119,852
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0000036104
Current Fiscal Year End Date	--12-31
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Public Float			$ 68.4
ICFR Auditor Attestation Flag	true
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Minneapolis, Minnesota
Common Stock [Member]
Document Information [Line Items]
Trading Symbol	USB
Title of 12(b) Security	Common Stock
Security Exchange Name	NYSE
Series A Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrA
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series B Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrH
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series K Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrP
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series L Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrQ
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series M Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrR
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series O Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	USB PrS
Title of 12(b) Security	Depositary Shares
Security Exchange Name	NYSE
Series X [Member]
Document Information [Line Items]
Trading Symbol	USB/24B
Title of 12(b) Security	Medium-Term Notes
Security Exchange Name	NYSE

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2022		Dec. 31, 2021
Assets
Cash and due from banks		$ 53,542		$ 28,905
Held-to-maturity (fair value $77,874 and $41,812, respectively)		88,740	[1],[2]	41,858
Available-for-sale ($858 and $557 pledged as collateral, respectively)	[3]	72,910	[2]	132,963
Loans held for sale (including $1,849 and $6,623 of mortgage loans carried at fair value, respectively)		2,200		7,775
Loans
Total loans		388,213		312,028
Less allowance for loan losses		(6,936)		(5,724)
Net loans		381,277		306,304
Premises and equipment		3,858		3,305
Goodwill		12,373		10,262
Other intangible assets		7,155		3,738
Other assets (including $702 and $1,193 of trading securities at fair value pledged as collateral, respectively)	[3]	52,750		38,174
Total assets		674,805		573,284
Deposits
Noninterest-bearing		137,743		134,901
Interest-bearing		387,233		321,182
Total deposits		524,976		456,083
Short-term borrowings		31,216		11,796
Long-term debt		39,829		32,125
Other liabilities		27,552		17,893
Total liabilities		623,573		517,897
Shareholders' equity
Preferred stock	[4]	6,808		6,371
Common stock, par value $0.01 a share — authorized: 4,000,000,000 shares; issued: 2022 and 2021—2,125,725,742 shares		21		21
Capital surplus		8,712		8,539
Retained earnings		71,901		69,201
Less cost of common stock in treasury: 2022 — 594,747,484 shares; 2021 — 642,223,571 shares		(25,269)		(27,271)
Accumulated other comprehensive income (loss)		(11,407)		(1,943)
Total U.S. Bancorp shareholders' equity		50,766		54,918
Noncontrolling interests		466		469
Total equity		51,232		55,387
Total liabilities and equity		674,805		573,284
Commercial
Loans
Total loans		135,690		112,023
Commercial real estate
Loans
Total loans		55,487		39,053
Residential mortgages
Loans
Total loans		115,845		76,493
Credit card
Loans
Total loans		26,295		22,500
Other retail
Loans
Total loans		$ 54,896		$ 61,959

[1]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.[3]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[4]The par value of all shares issued and outstanding at December 31, 2022 and 2021, was $1.00 per share.

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2022		Dec. 31, 2021
Held-to-maturity securities, Fair Value	$ 77,874	[1],[2]	$ 41,812
Mortgage loans, carried at fair value	$ 1,849		$ 6,623
Common stock, par value	$ 0.01		$ 0.01
Common stock, share-authorized (actual number of shares)	4,000,000,000		4,000,000,000
Common stock, shares issued (actual number of shares)	2,125,725,742		2,125,725,742
Treasury stock, shares (actual number of shares)	594,747,484		642,223,571
Available-for-Sale Securities [Member] \| Asset Pledged as Collateral with Right [Member]
Securities, pledged as collateral	$ 858		$ 557
Trading Assets, Excluding Debt and Equity Securities [Member] \| Asset Pledged as Collateral with Right [Member]
Securities, pledged as collateral	$ 702		$ 1,193

[1]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Interest Income
Loans	$ 13,603		$ 10,747	$ 12,018
Loans held for sale	201		232	216
Investment securities	3,378		2,365	2,428
Other interest income	763		143	178
Total interest income	17,945		13,487	14,840
Interest Expense
Deposits	1,872		320	950
Short-term borrowings	565		70	141
Long-term debt	780		603	924
Total interest expense	3,217		993	2,015
Net interest income	14,728		12,494	12,825
Provision for credit losses	1,977	[1]	(1,173)	3,806
Net interest income after provision for credit losses	12,751		13,667	9,019
Noninterest Income
Card revenue	1,512		1,507	1,338
Corporate payment products revenue	698		575	497
Merchant processing services	1,579		1,449	1,261
Trust and investment management fees	2,209		1,832	1,736
Service charges	1,298		1,338	1,245
Commercial products revenue	1,105		1,102	1,143
Mortgage banking revenue	527		1,361	2,064
Investment products fees	235		239	192
Securities gains (losses), net	20		103	177
Other	273		721	748
Total noninterest income	9,456		10,227	10,401
Noninterest Expense
Compensation and employee benefits	9,157		8,728	7,938
Net occupancy and equipment	1,096		1,048	1,092
Professional services	529		492	430
Marketing and business development	456		366	318
Technology and communications	1,726		1,728	1,582
Other intangibles	215		159	176
Merger and integration charges	329		0	0
Other	1,398		1,207	1,833
Total noninterest expense	14,906		13,728	13,369
Income before income taxes	7,301		10,166	6,051
Applicable income taxes	1,463		2,181	1,066
Net income (loss)	5,838		7,985	4,985
Net (income) loss attributable to noncontrolling interests	(13)		(22)	(26)
Net income (loss) attributable to U.S. Bancorp	5,825		7,963	4,959
Net income applicable to U.S. Bancorp common shareholders	$ 5,501		$ 7,605	$ 4,621
Earnings per common share	$ 3.69		$ 5.11	$ 3.06
Diluted earnings per common share	$ 3.69		$ 5.1	$ 3.06
Average common shares outstanding	1,489		1,489	1,509
Average diluted common shares outstanding	1,490		1,490	1,510

[1]Includes $662 million of provision for credit losses related to the acquisition of MUB.

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income		$ 5,838	$ 7,985	$ 4,985
Other Comprehensive Income (Loss)
Changes in unrealized gains (losses) on investment securities available-for-sale		(13,656)	(3,698)	2,905
Changes in unrealized gains (losses) on derivative hedges		(75)	125	(194)
Foreign currency translation	[1]	(10)	35	2
Changes in unrealized gains (losses) on retirement plans		526	400	(401)
Reclassification to earnings of realized (gains) losses		544	104	(42)
Income taxes related to other comprehensive income (loss)		3,207	769	(575)
Total other comprehensive income (loss)		(9,464)	(2,265)	1,695
Comprehensive income (loss)		(3,626)	5,720	6,680
Comprehensive (income) loss attributable to noncontrolling interests		(13)	(22)	(26)
Comprehensive income (loss) attributable to U.S. Bancorp		$ (3,639)	$ 5,698	$ 6,654

[1]Represents the impact of changes in foreign currency exchange rates on the Company’s investment in foreign operations and related hedges.

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - USD ($) shares in Millions, $ in Millions		Total	Cumulative Effect, Period of Adoption, Adjustment [Member]	[1]	Common Stock [Member]	Preferred Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	[1]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total U.S. Bancorp Shareholders' Equity [Member]	Total U.S. Bancorp Shareholders' Equity [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	[1]	Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2019		$ 52,483	$ (1,099)		$ 21	$ 5,984	$ 8,475	$ 63,186	$ (1,099)		$ (24,440)	$ (1,373)	$ 51,853	$ (1,099)		$ 630
Shares, Beginning Balance at Dec. 31, 2019					1,534
Net income (loss)		4,985						4,959					4,959			26
Other comprehensive income (loss)		1,695										1,695	1,695
Preferred stock dividends	[2]	(304)						(304)					(304)
Common stock dividends		(2,541)						(2,541)					(2,541)
Issuance of preferred stock		486				486							486
Call and redemption of preferred stock		(500)				(487)		(13)					(500)
Issuance of common and treasury stock		17					(154)				171		17
Issuance of common and treasury stock, shares					4
Purchase of treasury stock		$ (1,661)									(1,661)		(1,661)
Purchase of treasury stock, shares		(31)			(31)
Distributions to noncontrolling interests		$ (25)														(25)
Net other changes in noncontrolling interests		(1)														(1)
Stock option and restricted stock grants		190					190						190
Shares, Ending Balance at Dec. 31, 2020					1,507
Ending Balance at Dec. 31, 2020		53,725			$ 21	5,983	8,511	64,188			(25,930)	322	53,095			630
Net income (loss)		7,985						7,963					7,963			22
Other comprehensive income (loss)		(2,265)										(2,265)	(2,265)
Preferred stock dividends	[3]	(303)						(303)					(303)
Common stock dividends		(2,630)						(2,630)					(2,630)
Issuance of preferred stock		2,221				2,221							2,221
Call and redemption of preferred stock		(1,850)				(1,833)		(17)					(1,850)
Issuance of common and treasury stock		46					(169)				215		46
Issuance of common and treasury stock, shares					5
Purchase of treasury stock		$ (1,556)									(1,556)		(1,556)
Purchase of treasury stock, shares		(28)			(28)
Distributions to noncontrolling interests		$ (20)														(20)
Purchase of noncontrolling interests		(167)														(167)
Net other changes in noncontrolling interests		4														4
Stock option and restricted stock grants		$ 197					197						197
Shares, Ending Balance at Dec. 31, 2021		1,500			1,484
Ending Balance at Dec. 31, 2021		$ 55,387			$ 21	6,371	8,539	69,201			(27,271)	(1,943)	54,918			469
Net income (loss)		5,838						5,825					5,825			13
Other comprehensive income (loss)		(9,464)										(9,464)	(9,464)
Preferred stock dividends	[4]	(296)						(296)					(296)
Common stock dividends		(2,829)						(2,829)					(2,829)
Issuance of preferred stock		437				437							437
Issuance of common and treasury stock		2,039					(32)				2,071		2,039
Issuance of common and treasury stock, shares					48
Purchase of treasury stock		$ (69)									(69)		(69)
Purchase of treasury stock, shares		(1)			(1)
Distributions to noncontrolling interests		$ (13)														(13)
Net other changes in noncontrolling interests		(3)														(3)
Stock option and restricted stock grants		$ 205					205						205
Shares, Ending Balance at Dec. 31, 2022		1,500			1,531
Ending Balance at Dec. 31, 2022		$ 51,232			$ 21	$ 6,808	$ 8,712	$ 71,901			$ (25,269)	$ (11,407)	$ 50,766			$ 466

[1]Effective January 1, 2020, the Company adopted accounting guidance which changed impairment recognition of financial instruments to a model that is based on expected losses rather than incurred losses. Upon adoption, the Company increased its allowance for credit losses and reduced retained earnings net of deferred taxes through a cumulative-effect adjustment.[2]Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series H, Series I, Series J, Series K and Series L Non-Cumulative Perpetual Preferred Stock of $3,558.332, $889.58, $1,625.00, $1,287.52, $1,281.25, $1,325.00, $1,375.00 and $203.13, respectively.[3]Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series I, Series J, Series K, Series L, Series M and Series N Non-Cumulative Perpetual Preferred Stock of $3,548.61, $887.153, $1,625.00, $232.953, $1,325.00, $1,375.00, $937.50, $952.778 and $202.986, respectively.[4]Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $3,965.458, $962.487, $1,325.00, $1,375.00, $937.50, $1,000.00, $925.00, and $1,050.00, respectively.

Consolidated Statement of Sha_2

Consolidated Statement of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Common stock dividends, share	$ 1.88	$ 1.76	$ 1.68
Series A [Member]
Preferred stock dividends declared per share	3,965.458	3,548.61	3,558.332
Series B [Member]
Preferred stock dividends declared per share	962.487	887.153	889.58
Series F [Member]
Preferred stock dividends declared per share		1,625	1,625
Series H [Member]
Preferred stock dividends declared per share			1,287.52
Series I [Member]
Preferred stock dividends declared per share		232.953	1,281.25
Series J [Member]
Preferred stock dividends declared per share	1,325	1,325	1,325
Series K [Member]
Preferred stock dividends declared per share	1,375	1,375	1,375
Series L [Member]
Preferred stock dividends declared per share	937.5	937.5	$ 203.13
Series M [Member]
Preferred stock dividends declared per share	1,000	952.778
Series N [Member]
Preferred stock dividends declared per share	925	$ 202.986
Series O [Member]
Preferred stock dividends declared per share	$ 1,050

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Operating Activities
Net income attributable to U.S. Bancorp	$ 5,825		$ 7,963	$ 4,959
Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses	1,977	[1]	(1,173)	3,806
Depreciation and amortization of premises and equipment	345		338	351
Amortization of intangibles	215		159	176
(Gain) loss on sale of loans held for sale	387		(1,135)	(2,193)
(Gain) loss on sale of securities and other assets	(188)		(398)	(344)
Loans originated for sale, net of repayments	(33,127)		(72,627)	(67,449)
Proceeds from sales of loans held for sale	38,895		74,315	65,468
Other, net	6,790		2,428	(1,058)
Net cash provided by operating activities	21,119		9,870	3,716
Investing Activities
Proceeds from sales of available-for-sale investment securities	36,391		16,075	15,596
Proceeds from maturities of held-to-maturity investment securities	5,759		1,093
Proceeds from maturities of available-for-sale investment securities	14,927		41,199	40,639
Purchases of held-to-maturity investment securities	(7,091)		(1,088)
Purchases of available-for-sale investment securities	(24,592)		(99,045)	(68,662)
Net (increase) decrease in loans outstanding	(27,318)		(17,459)	6,350
Proceeds from sales of loans	4,420		6,183	2,250
Purchases of loans	(2,113)		(4,466)	(11,622)
Net decrease in securities purchased under agreements to resell	252		18	645
Net cash received from (paid for) acquisitions	12,257		(661)	(556)
Other, net	(5,392)		664	(80)
Net cash provided by (used in) investing activities	7,500		(57,487)	(15,440)
Financing Activities
Net (decrease) increase in deposits	(17,215)		26,313	67,854
Net increase (decrease) in short-term borrowings	15,213		30	(11,957)
Proceeds from issuance of long-term debt	8,732		2,626	14,501
Principal payments or redemption of long-term debt	(6,926)		(11,432)	(14,476)
Proceeds from issuance of preferred stock	437		2,221	486
Proceeds from issuance of common stock	21		43	15
Repurchase of preferred stock	(1,100)		(1,250)
Repurchase of common stock	(69)		(1,555)	(1,672)
Cash dividends paid on preferred stock	(299)		(308)	(300)
Cash dividends paid on common stock	(2,776)		(2,579)	(2,552)
Purchase of noncontrolling interests			(167)
Net cash (used in) provided by financing activities	(3,982)		13,942	51,899
Change in cash and due from banks	24,637		(33,675)	40,175
Cash and due from banks at beginning of period	28,905		62,580	22,405
Cash and due from banks at end of period	53,542		28,905	62,580
Supplemental Cash Flow Disclosures
Cash paid for income taxes	767		535	1,025
Cash paid for interest	2,717		1,061	2,199
Noncash transfer of available-for-sale investment securities to held-to-maturity	40,695		41,823
Net noncash transfers to foreclosed property	23		14	23
Assets (sold) acquired	106,209		749	828
Liabilities sold (assumed)	(95,753)		(88)	(272)
Net	$ 10,456		$ 661	$ 556

[1]Includes $662 million of provision for credit losses related to the acquisition of MUB.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 1 Significant Accounting Policies U.S. Bancorp is a financial services holding company headquartered on-line Basis of Presentation On December 1, 2022, the Company acquired MUB’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. The Company’s results for the year ended December 31, 2022 reflect MUB’s business operations for the month of December 2022 and the Company’s Consolidated Balance Sheet at December 31, 2022 includes MUB’s balances. Refer to Note 3 for additional information on this acquisition. Uses of Estimates Securities Realized gains or losses on securities are determined on a trade date basis based on the specific amortized cost of the investments sold. Trading Securities Available-for-sale losses reported within other comprehensive income (loss). Declines in fair value related to credit, if any, are recorded through the establishment of an allowance for credit losses. Held-to-maturity Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase Equity Investments Equity investments in entities where the Company has a significant influence (generally between 20 percent and 50 percent ownership), but does not control the entity, are accounted for using the equity method. Investments in limited partnerships and similarly structured limited liability companies where the Company’s ownership interest is greater than 5 percent are accounted for using the equity method. Equity investments not using the equity method are accounted for at fair value with changes in fair value and realized gains or losses reported in noninterest income, unless fair value is not readily determinable, in which case the investment is carried at cost subject to adjustments for any observable market transactions on the same or similar instruments of the investee. Most of the Company’s equity investments do not have readily determinable fair values. All equity investments are evaluated for impairment at least annually and more frequently if certain criteria are met. Loans The Company offers a broad array of lending products and categorizes its loan portfolio into two segments, which is the level at which it develops and documents a systematic methodology to determine the allowance for credit losses. The Company’s two loan portfolio segments are commercial lending and consumer lending. The Company further disaggregates its loan portfolio segments into various classes based on their underlying risk characteristics. The two classes within the commercial lending segment are commercial loans and commercial real estate loans. The three classes within the consumer lending segment are residential mortgages, credit card loans and other retail loans. Originated Loans Held for Investment Purchased Loans 2020 are divided into those considered purchased with more than insignificant credit deterioration (“PCD”) and those not considered PCD. An allowance for credit losses is established for each population and considers product mix, risk characteristics of the portfolio, delinquency status and refreshed loan-to-value . Commitments to Extend Credit Allowance for Credit Losses Multiple economic scenarios are considered over a three-year reasonable and supportable forecast period, which includes increasing consideration of historical loss experience over years two and three. These economic scenarios are constructed with interrelated projections of multiple economic variables, and loss estimates are produced that consider the historical correlation of those economic variables with credit losses. After the forecast period, the Company fully reverts to long-term historical loss experience, adjusted for prepayments and characteristics of the current loan and lease portfolio, to estimate losses over the remaining life of the portfolio. The economic scenarios are updated at least quarterly and are designed to provide a range of reasonable estimates, from better to worse than current expectations. Scenarios are weighted based on the Company’s expectation of economic conditions for the foreseeable future and reflect significant judgment and consideration of economic forecast uncertainty. Final loss estimates also consider factors affecting credit losses not reflected in the scenarios, due to the unique aspects of current conditions and expectations. These factors may include, but are not limited to, loan servicing practices, regulatory guidance, and/or fiscal and monetary policy actions. The allowance recorded for credit losses utilizes forward-looking expected loss models to consider a variety of factors affecting lifetime credit losses. These factors include, but are not limited to, macroeconomic variables such as unemployment rates, real estate prices, gross domestic product levels, inflation, interest rates and corporate bonds spreads, as well as loan and borrower characteristics, such as internal risk ratings on commercial loans and consumer credit scores, delinquency status, collateral type and available valuation information, consideration of end-of-term charged-off The allowance recorded for Troubled Debt Restructuring (“TDR”) loans in the consumer lending segment is determined on a homogenous pool basis utilizing expected cash flows discounted using the original effective interest rate of the pool. The expected cash flows on TDR loans consider subsequent payment defaults since modification, the borrower’s ability to pay under the restructured terms, and the timing and amount of payments. The allowance for collateral-dependent loans in the consumer lending segment is determined based on the fair value of the collateral less costs to sell. For commercial TDRs individually evaluated for impairment, attributes of the borrower are the primary factors in determining the allowance for credit losses. For smaller commercial loans collectively evaluated for impairment, historical loss experience is also incorporated into the allowance methodology applied to this category of loans. The Company’s methodology for determining the appropriate allowance for credit losses also considers the imprecision inherent in the methodologies used and allocated to the various loan portfolios. As a result, amounts determined under the methodologies described above, are adjusted by management to consider the potential impact of other qualitative factors not captured in the quantitative model adjustments which include, but are not limited to the following: model imprecision, imprecision in economic scenario assumptions, and emerging risks related to either changes in the environment that are affecting specific portfolios, or changes in portfolio concentrations over time that may affect model performance. The consideration of these items results in adjustments to allowance amounts included in the Company’s allowance for credit losses for each loan portfolio. The Company also assesses the credit risk associated with off-balance off-balance The results of the analysis are evaluated quarterly to confirm the estimates are appropriate for each specific loan portfolio, as well as the entire loan portfolio, as the entire allowance for credit losses is available for the entire loan portfolio. Prior to January 1, 2020, the allowance for credit losses was established based on an incurred loss model. The allowance recorded for loans in the commercial lending segment was based on the migration analysis of commercial loans and actual loss experience. The allowance recorded for loans in the consumer lending segment was determined on a homogenous pool basis and primarily included consideration of delinquency status and historical losses. In addition to the amounts determined under the methodologies described above, management also considered the potential impact of qualitative factors. Credit Quality For all loan portfolio classes, loans are considered past due based on the number of days delinquent except for monthly amortizing loans which are classified delinquent based upon the number of contractually required payments not made (for example, two missed payments is considered 30 days delinquent). When a loan is placed on nonaccrual status, unpaid accrued interest is reversed, reducing interest income in the current period. Commercial lending segment loans are generally placed on nonaccrual status when the collection of principal and interest has become 90 days past due or is otherwise considered doubtful. Commercial lending segment loans are generally fully charged down if unsecured by collateral or partially charged down to the fair value of the collateral securing the loan, less costs to sell, when the loan is placed on nonaccrual. Consumer lending segment loans are generally charged-off at a specific number of days or payments past due. Residential mortgages and other retail loans secured by 1-4 family properties are generally charged down to the fair value of the collateral securing the loan, less costs to sell, at 180 days past due. Residential mortgage loans and lines in a first lien position are placed on nonaccrual status in instances where a partial charge-off occurs unless the loan is well secured and in the process of collection. Residential mortgage loans and lines in a junior lien position secured by 1-4 family properties are placed on nonaccrual status at 120 days past due or when they are behind a first lien that has become 180 days or greater past due or placed on nonaccrual status. Any secured consumer lending segment loan whose borrower has had debt discharged through bankruptcy, for which the loan amount exceeds the fair value of the collateral, is charged down to the fair value of the related collateral and the remaining balance is placed on nonaccrual status. Credit card loans continue to accrue interest until the account is charged-off. Credit cards are charged-off at 180 days past due. Other retail loans not secured by 1-4 family properties are charged-off at 120 days past due; and revolving consumer lines are charged-off at 180 days past due. Similar to credit cards, other retail loans are generally not placed on nonaccrual status because of the relative short period of time to charge-off. Certain retail customers having financial difficulties may have the terms of their credit card and other loan agreements modified to require only principal payments and, as such, are reported as nonaccrual. For all loan classes, interest payments received on nonaccrual loans are generally recorded as a reduction to a loan’s carrying amount while a loan is on nonaccrual and are recognized as interest income upon payoff of the loan. However, interest income may be recognized for interest payments if the remaining carrying amount of the loan is believed to be collectible. In certain circumstances, loans in any class may be restored to accrual status, such as when a loan has demonstrated sustained repayment performance or no amounts are past due and prospects for future payment are no longer in doubt; or when the loan becomes well secured and is in the process of collection. Loans where there has been a partial charge-off charged-off) The Company classifies its loan portfolio classes using internal credit quality ratings on a quarterly basis. These ratings include pass, special mention and classified, and are an important part of the Company’s overall credit risk management process and evaluation of the allowance for credit losses. Loans with a pass rating represent those loans not classified on the Company’s rating scale for problem credits, as minimal credit risk has been identified. Special mention loans are those loans that have a potential weakness deserving management’s close attention. Classified loans are those loans where a well-defined weakness has been identified that may put full collection of contractual cash flows at risk. It is possible that others, given the same information, may reach different reasonable conclusions regarding the credit quality rating classification of specific loans. Troubled Debt Restructurings The Company has implemented certain restructuring programs that may result in TDRs. However, many of the Company’s TDRs are also determined on a case-by-case For the commercial lending segment, modifications generally result in the Company working with borrowers on a case-by-case Modifications for the consumer lending segment are generally part of programs the Company has initiated. The Company modifies residential mortgage loans under Federal Housing Administration, United States Department of Veterans Affairs, or its own internal programs. Under these programs, the Company offers qualifying homeowners the opportunity to permanently modify their loan and achieve more affordable monthly payments by providing loan concessions. These concessions may include adjustments to interest rates, conversion of adjustable rates to fixed rates, extension of maturity dates or deferrals of payments, capitalization of accrued interest and/or outstanding advances, or in limited situations, partial forgiveness of loan principal. In most instances, participation in residential mortgage loan restructuring programs requires the customer to complete a short-term trial period. A permanent loan modification is contingent on the customer successfully completing the trial period arrangement, and the loan documents are not modified until that time. The Company reports loans in a trial period arrangement as TDRs and continues to report them as TDRs after the trial period. Credit card and other retail loan TDRs are generally part of distinct restructuring programs providing customers experiencing financial difficulty with modifications whereby balances may be amortized up to 60 months, and generally include waiver of fees and reduced interest rates. In addition, the Company considers secured loans to consumer borrowers that have debt discharged through bankruptcy where the borrower has not reaffirmed the debt to be TDRs. Leases end-of-term Residual values on leased assets are reviewed regularly for impairment. Residual valuations for retail leases are based on independent assessments of expected used automobile sale prices at the end of the lease term. Impairment tests are conducted based on these valuations considering the probability of the lessee returning the asset to the Company, re-marketing end-of-term off-lease The Company, as lessee, leases certain assets for use in its operations. Leased assets primarily include retail branches, operations centers and other corporate locations, and, to a lesser extent, office and computer equipment. For each lease with an original term greater than 12 months, the Company records a lease liability and a corresponding right of use (“ROU”) asset. The Company accounts for the lease and non-lease Certain of the Company’s real estate leases include options to extend. Lease extension options are generally exercisable at market rates. Such option periods do not provide a significant incentive, and their exercise is not reasonably certain. Accordingly, the Company does not generally recognize payments occurring during option periods in the calculation of its ROU assets and lease liabilities. Other Real Estate Loans Held For Sale Loans held for sale (“LHFS”) represent mortgage loans intended to be sold in the secondary market and other loans that management has an active plan to sell. LHFS are carried at the lower-of-cost-or-fair Where an election is made to carry the LHFS at fair value, any change in fair value is recognized in noninterest income. Where an election is made to carry LHFS at lower-of-cost-or-fair Derivative Financial Instruments In the ordinary course of business, the Company enters into derivative transactions to manage various risks and to accommodate the business requirements of its customers. Derivative instruments are reported in other assets or other liabilities at fair value. Changes in a derivative’s fair value are recognized currently in earnings unless specific hedge accounting criteria are met. All derivative instruments that qualify and are designated for hedge accounting are recorded at fair value and classified as either a hedge of the fair value of a recognized asset or liability (“fair value hedge”); a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow hedge”); or a hedge of the volatility of a net investment in foreign operations driven by changes in foreign currency exchange rates (“net investment hedge”). Changes in the fair value of a derivative that is highly effective and designated as a fair value hedge, and the offsetting changes in the fair value of the hedged item, are recorded in earnings. Changes in the fair value of a derivative that is highly effective and designated as a cash flow hedge are recorded in other comprehensive income (loss) until cash flows of the hedged item are realized. Changes in the fair value of net investment hedges that are highly effective are recorded in other comprehensive income (loss). The Company performs an assessment, at inception and, at a minimum, quarterly thereafter, to determine the effectiveness of the derivative in offsetting changes in the value or cash flows of the hedged item(s). If a derivative designated as a cash flow hedge is terminated or ceases to be highly effective, the gain or loss in other comprehensive income (loss) is amortized to earnings over the period the forecasted hedged transactions impact earnings. If a hedged forecasted transaction is no longer probable, hedge accounting is ceased and any gain or loss included in other comprehensive income (loss) is reported in earnings immediately, unless the forecasted transaction is at least reasonably possible of occurring, whereby the amounts remain within other comprehensive income (loss). Revenue Recognition In the ordinary course of business, the Company recognizes income derived from various revenue generating activities. Certain revenues are generated from contracts where they are recognized when, or as services or products are transferred to customers for amounts the Company expects to be entitled. Revenue generating activities related to financial assets and liabilities are also recognized, including mortgage servicing fees, loan commitment fees, foreign currency remeasurements, and gains and losses on securities, equity investments and unconsolidated subsidiaries. Certain specific policies include the following: Card Revenue Card revenue includes interchange from credit and debit cards processed through card association networks, annual fees, and other transaction and account management fees. Interchange rates are generally set by the card associations and based on purchase volumes and other factors. The Company records interchange as services are provided. Transaction and account management fees are recognized as services are provided, except for annual fees which are recognized over the applicable period. Costs for rewards programs and certain payments to partners and card associations are also recorded within card revenue when services are provided. The Company predominately records card revenue within the Payment Services line of business. Corporate Payment Products Revenue Corporate payment products revenue primarily includes interchange from commercial card products processed through card association networks and revenue from proprietary network transactions. The Company records corporate payment products revenue as services are provided. Certain payments to card associations and customers are also recorded within corporate payment products revenue as services are provided. Corporate payment products revenue is recorded within the Payment Services line of business. Merchant Processing Services Merchant processing services revenue consists principally of merchant discount and other transaction and account management fees charged to merchants for the electronic processing of card association network transactions, less interchange paid to the card-issuing bank, card association assessments, and revenue sharing amounts. All of these are recognized at the time the merchant’s services are performed. The Company may enter into revenue sharing agreements with referral partners or in connection with purchases of merchant contracts from sellers. The revenue sharing amounts are determined primarily on sales volume processed or revenue generated for a particular group of merchants. Merchant processing revenue also includes revenues related to point-of-sale Trust and Investment Management Fees Service Charges Commercial Products Revenue non-yield Mortgage Banking Revenue Investment Products Fees Other Noninterest Income Other Significant Policies Goodwill and Other Intangible Assets unit below its carrying amount. Determining the amount of goodwill impairment, if any, includes assessing whether the carrying value of a reporting unit exceeds its fair value. Other intangible assets are recorded at their fair value upon completion of a business acquisition or certain other transactions, and generally represent the value of customer contracts or relationships. Other intangible assets are amortized over their estimated useful lives, using straight-line and accelerated methods and are reviewed for impairment when indicators of impairment are present. Determining the amount of other intangible asset impairment, if any, includes assessing the present value of the estimated future cash flows associated with the intangible asset and comparing it to the carrying amount of the asset. Income Taxes Mortgage Servicing Rights Pensions year-end accounting reflects the long-term nature of benefit obligations and the investment horizon of plan assets, and can have the effect of reducing earnings volatility related to short-term changes in interest rates and market valuations. Actuarial gains and losses include the impact of plan amendments and various unrecognized gains and losses which are deferred, and to the extent exceed 10 percent of the greater of the projected benefit obligation or the market-related value of plan assets, are amortized over the future service periods of active employees or the remaining life expectancies of inactive participants. The market-related value utilized to determine the expected return on plan assets is based on fair value adjusted for the difference between expected returns and actual performance of plan assets. The unrealized difference between actual experience and expected returns is included in expense over a period of approximately 15 years for active employees and approximately 30 years for inactive participants. The overfunded or underfunded status of each plan is recorded as an asset or liability on the Consolidated Balance Sheet, with changes in that status recognized through other comprehensive income (loss). Premises and Equipment The Company, as lessee, records an ROU asset for each lease with an original term greater than 12 months. ROU assets are included in premises and equipment, with the corresponding lease liabilities included in long-term debt and other liabilities. Capitalized Software internal-use Stock-Based Compensation recognize an adjustment to tax expense, depending on the market price of the Company’s common stock at that time. Per Share Calculations two-class two-class related to the recognition and measurement of TDRs by creditors. This guidance removes the separate recognition and measurement requirements for TDRs by replacing them with a requirement for a company to apply existing accounting guidance to determine whether a modification results in a new loan or a continuation of an existing loan. This guidance also replaces existing TDR disclosures with similar but more expansive disclosures for certain modifications of receivables made to borrowers experiencing financial difficulty. Further, this guidance also requires companies to disclose current-period gross write-offs by year of origination for financing receivables. The adoption of this guidance is not material to the Company’s financial statements.

Accounting Changes

Accounting Changes	12 Months Ended
Accounting Changes	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Accounting Changes	NOTE 2 Accounting Changes Reference Interest Rate Transition Fair Value Hedging – Portfolio Layer Method non-prepayable Financial Instruments – Troubled Debt Restructurings and Vintage Disclosures related to the recognition and measurement of TDRs by creditors. This guidance removes the separate recognition and measurement requirements for TDRs by replacing them with a requirement for a company to apply existing accounting guidance to determine whether a modification results in a new loan or a continuation of an existing loan. This guidance also replaces existing TDR disclosures with similar but more expansive disclosures for certain modifications of receivables made to borrowers experiencing financial difficulty. Further, this guidance also requires companies to disclose current-period gross write-offs by year of origination for financing receivables. The adoption of this guidance is not material to the Company’s financial statements.

Business Combinations

Business Combinations	12 Months Ended
Business Combinations	Dec. 31, 2022
Business Combinations [Abstract]
Business Combinations	NOTE 3 Business Combinations MUFG Union Bank Acquisition On December 1, 2022, the Company acquired MUB’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. Pursuant to the terms of a previously announced Share Purchase Agreement, the Company acquired all of the issued and outstanding shares of common stock of MUB for a purchase price consisting of billion in cash and approximately million shares of common stock of the Company. Under the terms of the Share Purchase Agreement, the purchase price was based on MUB having a tangible book value of $6.25 billion at the closing of the acquisition. At the closing of the acquisition, MUB had billion in capital over the $6.25 billion tangible book value target. The additional capital received is held at the MUB subsidiary and is required to be repaid to Mitsubishi UFJ Financial Group, Inc. on or prior to the fifth anniversary date of the completion of the purchase, in accordance with the terms of the Share Purchase Agreement. As such, it is recognized as debt at the parent company. The transaction excludes the purchase of substantially all of MUB’s Global Corporate & Investment Bank (other than certain deposits), certain middle and back office functions, and other assets. This transaction has been accounted for as a business combination. Accordingly, the assets acquired and liabilities assumed from MUB were recorded at fair value as of the acquisition date. The determination of fair value requires management to make estimates about discount rates, future expected cash flows, market conditions and other future events that are highly subjective in nature and subject to change. Fair value estimates related to the assets and liabilities from MUB are subject to adjustment for up to one year after the closing date of the acquisition as additional information becomes available. Valuations subject to adjustment include, but are not limited to, loans, certain deposits, certain other assets, customer relationships and the core deposit benefits intangible. In connection with the transaction, the Company incurred $329 million of nonrecurring merger and integration charges during 2022 recorded within noninterest expense. These expenses are primarily comprised of personnel, legal, advisory and technology related costs. The following table includes the fair value of consideration transferred and the preliminary fair value of the identifiable tangible and intangible assets and liabilities from MUB: December 1, 2022 (Dollars in Millions) Acquisition consideration Cash $ 5,500 Market value of shares of common stock 2,014 Total consideration transferred at acquisition close date 7,514 Discounted liability to Mitsubishi UFJ Financial Group, Inc. (a) 2,944 Total $ 10,458 Fair Value of MUB assets and liabilities Assets Cash and due from banks $ 17,757 Investment securities 22,725 Loans held for sale 2,220 Loans 53,374 Less allowance for loan losses (336 ) Net loans 53,038 Premises and equipment 646 Other intangible assets (excluding goodwill) 2,883 Other assets 4,719 Total assets $ 103,988 Liabilities Deposits $ 86,108 Short-term borrowings 4,207 Long-term debt 2,584 Other liabilities 2,854 Total liabilities 95,753 Less: Net assets $ 8,235 Goodwill $ 2,223 (a) Represents $3.5 billion of noninterest-bearing additional capital held by MUB upon close of the acquisition to be delivered to Mitsubishi UFJ Financial Group, Inc. on or prior to December 1, 2027, discounted at the Company’s 5-year unsecured borrowing rate as of the acquisition date, per authoritative accounting guidance. Preliminary goodwill of $ 2.2 billion recorded in connection with the transaction resulted from the reputation, operating model and expertise of MUB. The amount of goodwill recorded reflects the increased market share and related synergies that are expected to result from the acquisition, and represents the excess purchase price over the estimated fair value of the net assets from MUB. The goodwill was allocated to the Company’s business segments on a preliminary basis and is not deductible for income tax purposes. Refer to Note 11 for the amount of goodwill allocated to each business segment in connection with the transaction. The following table includes the fair value and unpaid principal balance of the loans from the MUB acquisition: December 1, 2022 (Dollars in Millions) Unpaid Fair Value Commercial $ 11,771 $ 11,366 Commercial real estate 14,397 13,843 Residential mortgages 28,256 26,247 Credit card 299 212 Other retail 1,397 1,370 Total loans $ 56,120 $ 53,038 Other intangible assets from the MUB (Dollars in Millions) Weighted-average Estimated Life Amortization Fair Value Mortgage servicing rights – (a ) $ 147 Core deposit benefits 10 years Accelerated 2,710 Other 11 years Accelerated 26 Total other intangible assets (excluding goodwill) $ 2,883 (a) Mortgage servicing rights are recorded at fair value and are not amortized. Valuation Methodologies The methods used to determine the fair values of the significant assets acquired ssumed B Cash and Due from Banks Investment Securities Loans Held for Sale Loans factors, such as liquidity, from the perspective of a market participant. Core Deposit Benefits Other Assets tax-advantaged Deposits and Borrowed Funds The following table presents financial results of MUB included in the Consolidated Statement of Income from the date of acquisition through December 31, 2022. (Dollars in Millions) One Month Ended Net interest income $ 255 Noninterest income (38 ) (a) Net income ( ) (562 ) (a) Includes realized losses on investment securities sold. The following table presents unaudited pro forma results as if the acquisition of MUB by the Company occurred on January 1, 2021 and includes the impact of amortizing and accreting certain estimated purchase accounting adjustments such as intangible assets as well as fair value adjustments to investment securities, loans, deposits and long-term debt. The pro forma information does not necessarily reflect the results that would have occurred had the Company acquired MUB on January 1, 2021. Year Ended December 31 (Dollars in Millions) 2022 2021 Net interest income $ 17,541 $ 14,958 Noninterest income 10,068 11,071 Net income 7,184 7,187 The Company initially measures the amortized cost of a PCD loan by adding the acquisition date estimate of expected credit losses to the loan’s purchase price. The initial allowance for credit losses for PCD loans of $336 million was established through an adjustment to the MU B Non-PCD 48.5 4.5 acquisition date with unpaid principal balances credit losses primarily non-PCD The following table provides information about the determination of the purchase price of PCD loans at the acquisition date: December 1, 2022 (Dollars in Millions) Principal balance $ 5,097 Allowance for credit losses at acquisition (336 ) Non-credit (213 ) Purchase price $ 4,548

Restrictions on Cash and Due fr

Restrictions on Cash and Due from Banks	12 Months Ended
Restrictions on Cash and Due from Banks	Dec. 31, 2022
Text Block [Abstract]
Restrictions on Cash and Due from Banks	NOTE 4 Restrictions on Cash and Due from Banks Banking regulators require bank subsidiaries to maintain minimum average reserve balances, either in the form of vault cash or reserve balances held with central banks or other financial institutions. The amount of required reserve balances were approximately $45 million and $78 million at December 31, 2022 and 2021, respectively. The Company held balances at central banks and other financial institutions of $41.6 billion and $23.0 billion at December 31, 2022 and 2021, respectively, to meet these requirements and for other purposes. These balances are included in cash and due from banks on the Consolidated Balance Sheet.

Investment Securities

Investment Securities	12 Months Ended
Investment Securities	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	NOTE 5 Investment Securities The Company’s held-to-maturity available-for-sale investment securities are carried at fair value with unrealized net gains or losses reported within accumulated other comprehensive income (loss) in shareholders’ equity. The amortized cost, gross unrealized holding gains and losses, and fair value of held-to-maturity available-for-sale 2022 2021 (Dollars in Millions) Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Held-to-maturity U.S. Treasury and agencies $ 1,344 $ – $ (51 ) $ 1,293 $ – $ – $ – $ – Mortgage-backed securities Residential agency 85,693 2 (10,810 ) 74,885 41,858 2 (48 ) 41,812 Commercial agency 1,703 1 (8 ) 1,696 – – – – Total held-to-maturity $ 88,740 $ 3 $ (10,869 ) $ 77,874 $ 41,858 $ 2 $ (48 ) $ 41,812 Available-for-sale U.S. Treasury and agencies $ 24,801 $ 1 $ (2,769 ) $ 22,033 $ 36,648 $ 205 $ (244 ) $ 36,609 Mortgage-backed securities Residential agency 32,060 8 (2,797 ) 29,271 76,761 665 (347 ) 77,079 Commercial Agency 8,736 – (1,591 ) 7,145 8,633 53 (201 ) 8,485 Non-agency 7 – – 7 – – – – Asset-backed securities 4,356 5 (38 ) 4,323 62 4 – 66 Obligations of state and political subdivisions 11,484 12 (1,371 ) 10,125 10,130 607 (20 ) 10,717 Other 6 – – 6 7 – – 7 Total available-for-sale $ 81,450 $ 26 $ (8,566 ) $ 72,910 $ 132,241 $ 1,534 $ (812 ) $ 132,963 During 2022, the Company transferred $45.1 billion amortized cost ($40.7 billion fair value) of available-for-sale held-to-maturity Investment securities with a fair value of $15.3 billion at December 31, 2022, and $30.7 billion at December 31, 2021, were pledged to secure public, private and trust deposits, repurchase agreements and for other purposes required by contractual obligation or law. Included in these amounts were securities where the Company and certain counterparties have agreements granting the counterparties the right to sell or pledge the securities. Investment securities securing these types of arrangements had a fair value of $858 million at December 31, 2022, and $557 million at December 31, 2021. The following table provides information about the amount of interest income from taxable and non-taxable Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Taxable $ 3,081 $ 2,103 $ 2,201 Non-taxable 297 262 227 Total interest income from investment securities $ 3,378 $ 2,365 $ 2,428 The following table provides information about the amount of gross gains and losses realized through the sales of available-for-sale Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Realized gains $ 163 $ 122 $ 200 Realized losses (143 ) (19 ) (23 ) Net realized gains $ 20 $ 103 $ 177 Income tax on net realized gains $ 5 $ 26 $ 45 The Company conducts a regular assessment of its available-for-sale unrealized loss, expected cash flows of underlying collateral, the existence of any government or agency guarantees, and market conditions. The Company measures the allowance for credit losses using market information where available and discounting the cash flows at the original effective rate of the investment security. The allowance for credit losses is adjusted each period through earnings and can be subsequently recovered. The allowance for credit losses on the Company’s available-for-sale At December 31, 2022, certain investment securities had a fair value below amortized cost. The following table shows the gross unrealized losses and fair value of the Company’s available-for-sale Less Than 12 Months 12 Months or Greater Total (Dollars in Millions) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury and agencies $ 13,265 $ (1,193 ) $ 7,962 $ (1,576 ) $ 21,227 $ (2,769 ) Mortgage-backed securities Residential agency 20,854 (1,461 ) 7,752 (1,336 ) 28,606 (2,797 ) Commercial Agency 2,029 (311 ) 5,115 (1,280 ) 7,144 (1,591 ) Non-agency 7 – – – 7 – Asset-backed securities 3,476 (38 ) – – 3,476 (38 ) Obligations of state and political subdivisions 8,246 (944 ) 1,088 (427 ) 9,334 (1,371 ) Other – – 4 – 4 – Total investment securities $ 47,877 $ (3,947 ) $ 21,921 $ (4,619 ) $ 69,798 $ (8,566 ) These unrealized losses primarily relate to changes in interest rates and market spreads subsequent to purchase of these available-for-sale more likely than not it would not be required to sell such investment securities before recovery of their amortized cost. During the year ended December 31, 2022 and 2021, the Company did not purchase any investment securities that had more-than-insignificant credit deterioration. All of the Company’s held-to-maturity held-to-maturity The following table provides information about the amortized cost, fair value and yield by maturity date of the investment securities outstanding at December 31, 2022: (Dollars in Millions) Amortized Fair Value Weighted- Weighted- (e) Held-to-maturity U.S. Treasury and Agencies Maturing in one year or less $ – $ – – – % Maturing after one year through five years 1,344 1,293 3.3 2.85 Maturing after five years through ten years – – – – Maturing after ten years – – – – Total $ 1,344 $ 1,293 3.3 2.85 % Mortgage-Backed Securities (a) Maturing in one year or less $ 19 $ 19 .7 3.08 % Maturing after one year through five years 1,549 1,546 2.7 4.35 Maturing after five years through ten years 67,062 59,194 9.2 2.15 Maturing after ten years 18,766 15,822 10.2 2.05 Total $ 87,396 $ 76,581 9.3 2.17 % Total held-to-maturity (b) $ 88,740 $ 77,874 9.2 2.18 % Available-for-sale U.S. Treasury and Agencies Maturing in one year or less $ 259 $ 259 .4 4.72 % Maturing after one year through five years 4,900 4,606 3.8 2.51 Maturing after five years through ten years 15,937 14,114 7.0 2.24 Maturing after ten years 3,705 3,054 12.0 2.97 Total $ 24,801 $ 22,033 7.1 2.43 % Mortgage-Backed Securities (a) Maturing in one year or less $ 44 $ 43 .8 2.55 % Maturing after one year through five years 10,976 10,242 3.1 2.33 Maturing after five years through ten years 28,277 24,827 7.7 3.00 Maturing after ten years 1,506 1,311 11.2 3.54 Total $ 40,803 $ 36,423 6.6 2.83 % Asset-Backed Securities Maturing in one year or less $ 3,429 $ 3,391 .6 4.25 % Maturing after one year through five years 500 503 2.8 5.68 Maturing after five years through ten years 427 429 5.3 6.00 Maturing after ten years – – – – Total $ 4,356 $ 4,323 1.3 4.59 % Obligations of State and Political Subdivisions (c) (d) Maturing in one year or less $ 106 $ 107 .2 5.12 % Maturing after one year through five years 1,756 1,747 3.7 4.72 Maturing after five years through ten years 1,341 1,286 8.3 4.10 Maturing after ten years 8,281 6,985 16.8 3.49 Total $ 11,484 $ 10,125 13.6 3.76 % Other Maturing in one year or less $ 6 $ 6 .1 1.99 % Maturing after one year through five years – – – – Maturing after five years through ten years – – – – Maturing after ten years – – – – Total $ 6 $ 6 .1 1.99 % Total available-for-sale (b) $ 81,450 $ 72,910 7.4 2.94 % (a) Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments. (b) The weighted-average maturity of total held-to-maturity available-for-sale (c) Information related to obligations of state and political subdivisions is presented based upon yield to first optional call date if the security is purchased at a premium, and yield to maturity if the security is purchased at par or a discount. (d) Maturity calculations for obligations of state and political subdivisions are based on the first optional call date for securities with a fair value above par and the contractual maturity date for securities with a fair value equal to or below par. (e) Weighted-average yields for obligations of state and political subdivisions are presented on a fully-taxable equivalent basis based on a federal income tax rate of 21 percent. Yields on investment securities are computed based on amortized cost balances, excluding any premiums or discounts recorded related to the transfer of investment securities at fair value from available-for-sale held-to

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	12 Months Ended
Loans and Allowance for Credit Losses	Dec. 31, 2022
Receivables [Abstract]
Loans and Allowance for Credit Losses	NOTE 6 Loans and Allowance for Credit Losses The composition of the loan portfolio at December 31, disaggregated by class and underlying specific portfolio type, was as follows: (Dollars in Millions) 2022 2021 Commercial Commercial $ 131,128 $ 106,912 Lease financing 4,562 5,111 Total commercial 135,690 112,023 Commercial Real Estate Commercial mortgages 43,765 28,757 Construction and development 11,722 10,296 Total commercial real estate 55,487 39,053 Residential Mortgages Residential mortgages 107,858 67,546 Home equity loans, first liens 7,987 8,947 Total residential mortgages 115,845 76,493 Credit Card 26,295 22,500 Other Retail Retail leasing 5,519 7,256 Home equity and second mortgages 12,863 10,446 Revolving credit 3,983 2,750 Installment 14,592 16,641 Automobile 17,939 24,866 Total other retail 54,896 61,959 Total loans $ 388,213 $ 312,028 The Company had loans of $134.6 billion at December 31, 2022, and $92.1 billion at December 31, 2021, pledged at the Federal Home Loan Bank, and loans of $85.8 billion at December 31, 2022, and $76.9 billion at December 31, 2021, pledged at the Federal Reserve Bank. The Company offers a broad array of lending products to consumer and commercial customers, in various industries, across several geographical locations, predominately in the states in which it has Consumer and Business Banking offices. Collateral for commercial and commercial real estate loans may include marketable securities, accounts receivable, inventory, equipment, real estate, or the related property. Originated loans are reported at the principal amount outstanding, net of unearned interest and deferred fees and costs, and any partial charge-offs recorded. Purchased loans are recorded at fair value at the date of purchase. Net unearned interest and deferred fees and costs on originated loans and unamortized premiums and discounts on purchased loans amounted to $3.1 billion at December 31, 2022 and $475 million at December 31, 2021. The Company evaluates purchased loans for more-than-insignificant deterioration at the date of purchase in accordance with applicable authoritative accounting guidance. Purchased loans that have experienced more-than-insignificant deterioration from origination are considered purchased credit deteriorated loans. All other purchased loans are considered non-purchased Allowance for Credit Losses Activity in the allowance for credit losses by portfolio class was as follows: (Dollars in Millions) Commercial Commercial Residential Credit Other Total Balance at December 31, 2021 $ 1,849 $ 1,123 $ 565 $ 1,673 $ 945 $ 6,155 Add Allowance for acquired credit losses (a) 163 87 36 45 5 336 Provision for credit losses (b) 378 152 302 826 319 1,977 Deduct Loans charged-off (c) 319 54 13 696 418 1,500 Less recoveries of loans charged-off (92 ) (17 ) (36 ) (172 ) (120 ) (437 ) Net loan charge-offs (recoveries) 227 37 (23 ) 524 298 1,063 Other Changes – – – – (1 ) (1 ) Balance at December 31, 2022 $ 2,163 $ 1,325 $ 926 $ 2,020 $ 970 $ 7,404 Balance at December 31, 2020 $ 2,423 $ 1,544 $ 573 $ 2,355 $ 1,115 $ 8,010 Add Provision for credit losses (471 ) (419 ) (40 ) (170 ) (73 ) (1,173 ) Deduct Loans charged-off 222 29 18 686 253 1,208 Less recoveries of loans charged-off (119 ) (27 ) (50 ) (174 ) (156 ) (526 ) Net loan charge-offs (recoveries) 103 2 (32 ) 512 97 682 Balance at December 31, 2021 $ 1,849 $ 1,123 $ 565 $ 1,673 $ 945 $ 6,155 Balance at December 31, 2019 $ 1,484 $ 799 $ 433 $ 1,128 $ 647 $ 4,491 Add Change in accounting principle (d) 378 (122 ) (30 ) 872 401 1,499 Provision for credit losses 1,074 1,054 158 1,184 336 3,806 Deduct Loans charged-off 575 210 19 975 401 2,180 Less recoveries of loans charged-off (62 ) (23 ) (31 ) (146 ) (132 ) (394 ) Net loan charge-offs (recoveries) 513 187 (12 ) 829 269 1,786 Balance at December 31, 2020 $ 2,423 $ 1,544 $ 573 $ 2,355 $ 1,115 $ 8,010 (a) Represents allowance for purchased credit deteriorated and charged-off loans acquired from MUB. (b) Includes $662 million of provision for credit losses related to the acquisition of MUB. (c) Includes $179 million of total charge-offs primarily charged-off (d) Effective January 1, 2020, the Company adopted accounting guidance which changed impairment recognition of financial instruments to a model that is based on expected losses rather than incurred losses. The increase in the allowance for credit losses from December 31, 2021 to December 31, 2022 reflected $336 million for purchased credit deteriorated and charged-off loans acquired from MUB and the impact of MUB‘s provision for credit losses of $662 million for loans acquired loan growth and Credit Quality The following table provides a summary of loans by portfolio class, including the delinquency status of those that continue to accrue interest, and those that are nonperforming: Accruing (Dollars in Millions) Current 30-89 Days 90 Days or Nonperforming (b) Total December 31, 2022 Commercial $ 135,077 $ 350 $ 94 $ 169 $ 135,690 Commercial real estate 55,057 87 5 338 55,487 Residential mortgages (a) 115,224 201 95 325 115,845 Credit card 25,780 283 231 1 26,295 Other retail 54,382 309 66 139 54,896 Total loans $ 385,520 $ 1,230 $ 491 $ 972 $ 388,213 December 31, 2021 Commercial $ 111,270 $ 530 $ 49 $ 174 $ 112,023 Commercial real estate 38,678 80 11 284 39,053 Residential mortgages (a) 75,962 124 181 226 76,493 Credit card 22,142 193 165 – 22,500 Other retail 61,468 275 66 150 61,959 Total loans $ 309,520 $ 1,202 $ 472 $ 834 $ 312,028 (a) At December 31, 2022, $647 million of loans 30–89 days past due and $2.2 billion of loans 90 days or more past due purchased and that could be purchased from Government National Mortgage Association (“GNMA”) mortgage pools under delinquent loan repurchase options whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs, were classified as current, compared with $791 million and $1.5 billion at December 31, 2021, respectively. (b) Substantially all nonperforming loans at December 31, 2022 and 2021, had an associated allowance for credit losses. The Company recognized interest income on nonperforming loans of $19 million and $16 million for the years ended December 31, 2022 and 2021, respectively, compared to what would have been recognized at the original contracual terms of the loans of $34 million for both periods. At December 31, 2022, total nonperforming assets held by the Company were $1.0 billion, compared with $878 million at December 31, 2021. Total nonperforming assets included $972 million of nonperforming loans, $23 million of OREO and $21 million of other nonperforming assets owned by the Company at December 31, 2022, compared with $834 million, $22 million and $22 million, respectively at December 31, 2021. At December 31, 2022, the amount of foreclosed residential real estate held by the Company, and included in OREO, was $23 million, compared with $22 million at December 31, 2021. These amounts excluded $54 million and $22 million at December 31, 2022 and December 31, 2021, respectively, of foreclosed residential real estate related to mortgage loans whose payments are primarily insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs. In addition, the amount of residential mortgage loans secured by residential real estate in the process of foreclosure at December 31, 2022 and December 31, 2021, was $1.1 billion and $696 million, respectively, of which $830 million and $555 million, respectively, related to loans purchased and that could be purchased from Government National Mortgage Association (“GNMA”) mortgage pools under delinquent loan repurchase options whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs. The following table provides a summary of loans by portfolio class and the Company’s internal credit quality rating: December 31, 2022 December 31, 2021 Criticized Criticized (Dollars in Millions) Pass Special Classified (a) Total Total Pass Special Classified (a) Total Total Commercial Originated in 2022 $ 61,229 $ 245 $ 315 $ 560 $ 61,789 $ – $ – $ – $ – $ – Originated in 2021 26,411 159 78 237 26,648 51,155 387 287 674 51,829 Originated in 2020 7,049 68 138 206 7,255 14,091 304 133 437 14,528 Originated in 2019 3,962 51 210 261 4,223 10,159 151 54 205 10,364 Originated in 2018 2,119 31 32 63 2,182 5,122 3 36 39 5,161 Originated prior to 2018 6,867 33 97 130 6,997 4,923 30 81 111 5,034 Revolving (b) 25,888 344 364 708 26,596 24,722 268 117 385 25,107 Total commercial 133,525 931 1,234 2,165 135,690 110,172 1,143 708 1,851 112,023 Commercial real estate Originated in 2022 14,527 206 519 725 15,252 – – – – – Originated in 2021 13,565 171 99 270 13,835 13,364 6 990 996 14,360 Originated in 2020 6,489 97 117 214 6,703 7,459 198 263 461 7,920 Originated in 2019 6,991 251 304 555 7,546 6,368 251 610 861 7,229 Originated in 2018 3,550 88 501 589 4,139 2,996 29 229 258 3,254 Originated prior to 2018 6,089 50 374 424 6,513 4,473 55 224 279 4,752 Revolving 1,489 – 10 10 1,499 1,494 1 43 44 1,538 Total commercial real estate 52,700 863 1,924 2,787 55,487 36,154 540 2,359 2,899 39,053 Residential mortgages (c) Originated in 2022 28,452 – – – 28,452 – – – – – Originated in 2021 39,527 – 7 7 39,534 29,882 – 3 3 29,885 Originated in 2020 16,556 – 8 8 16,564 15,948 1 8 9 15,957 Originated in 2019 7,222 – 18 18 7,240 6,938 – 36 36 6,974 Originated in 2018 2,934 – 26 26 2,960 2,889 – 30 30 2,919 Originated prior to 2018 20,724 – 371 371 21,095 20,415 – 342 342 20,757 Revolving – – – – – 1 – – – 1 Total residential mortgages 115,415 – 430 430 115,845 76,073 1 419 420 76,493 Credit card (d) 26,063 – 232 232 26,295 22,335 – 165 165 22,500 Other retail Originated in 2022 9,563 – 6 6 9,569 – – – – – Originated in 2021 15,352 – 12 12 15,364 22,455 – 6 6 22,461 Originated in 2020 7,828 – 11 11 7,839 12,071 – 9 9 12,080 Originated in 2019 3,418 – 13 13 3,431 7,223 – 17 17 7,240 Originated in 2018 1,421 – 9 9 1,430 3,285 – 14 14 3,299 Originated prior to 2018 2,268 – 22 22 2,290 3,699 – 24 24 3,723 Revolving 14,029 – 98 98 14,127 12,532 – 112 112 12,644 Revolving converted to term 800 – 46 46 846 472 – 40 40 512 Total other retail 54,679 – 217 217 54,896 61,737 – 222 222 61,959 Total loans $ 382,382 $ 1,794 $ 4,037 $ 5,831 $ 388,213 $ 306,471 $ 1,684 $ 3,873 $ 5,557 $ 312,028 Total outstanding commitments $ 772,804 $ 2,825 $ 5,041 $ 7,866 $ 780,670 $ 662,363 $ 3,372 $ 5,684 $ 9,056 $ 671,419 Note: Year of origination is based on the origination date of a loan, or for existing loans the date when the maturity date, pricing or commitment amount is amended. (a) Classified rating on consumer loans primarily based on delinquency status. (b) Includes an immaterial amount of revolving converted to term loans. (c) At December 31, 2022, $2.2 billion of GNMA loans 90 days or more past due and $1.0 billion of restructured GNMA loans whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs were classified with a pass rating, compared with $1.5 billion and $1.1 billion at December 31, 2021, respectively. (d) Predominately all credit card loans are considered revolving loans. Includes an immaterial amount of revolving converted to term loans. Troubled Debt Restructurings (Dollars in Millions) Number Pre-Modification Post-Modification 2022 Commercial 2,259 $ 148 $ 134 Commercial real estate 75 50 47 Residential mortgages 1,699 475 476 Credit card 44,470 243 246 Other retail 2,514 89 85 Total loans, excluding loans purchased from GNMA mortgage pools 51,017 1,005 988 Loans purchased from GNMA mortgage pools 1,640 226 230 Total loans 52,657 $ 1,231 $ 1,218 2021 Commercial 2,156 $ 140 $ 127 Commercial real estate 112 193 179 Residential mortgages 977 329 328 Credit card 25,297 144 146 Other retail 2,576 74 67 Total loans, excluding loans purchased from GNMA mortgage pools 31,118 880 847 Loans purchased from GNMA mortgage pools 2,311 334 346 Total loans 33,429 $ 1,214 $ 1,193 2020 Commercial 3,423 $ 628 $ 493 Commercial real estate 149 262 218 Residential mortgages 1,176 402 401 Credit card 23,549 135 136 Other retail 4,027 117 114 Total loans, excluding loans purchased from GNMA mortgage pools 32,324 1,544 1,362 Loans purchased from GNMA mortgage pools 4,630 667 659 Total loans 36,954 $ 2,211 $ 2,021 Residential mortgages, home equity and second mortgages, and loans purchased from GNMA mortgage pools in the table above include trial period arrangements offered to customers during the periods presented. The post-modification balances for these loans reflect the current outstanding balance until a permanent modification is made. In addition, the post-modification balances typically include capitalization of unpaid accrued interest and/or fees under the various modification programs. At December 31, 2022, 4 residential mortgages, 5 home equity and second mortgage loans and 52 loans purchased from GNMA mortgage pools with outstanding balances of less than $1 million, less than $1 million and $6 million, respectively, were in a trial period and have estimated post-modification balances of less than $1 million, less than $1 million and $6 million, respectively, assuming permanent modification occurs at the end of the trial period. The following table provides a summary of TDR loans that defaulted (fully or partially charged-off (Dollars in Millions) Number Amount 2022 Commercial 767 $ 24 Commercial real estate 20 11 Residential mortgages 235 28 Credit card 7,904 42 Other retail 307 5 Total loans, excluding loans purchased from GNMA mortgage pools 9,233 110 Loans purchased from GNMA mortgage pools 282 59 Total loans 9,515 $ 169 2021 Commercial 1,084 $ 32 Commercial real estate 16 7 Residential mortgages 81 9 Credit card 7,700 43 Other retail 714 11 Total loans, excluding loans purchased from GNMA mortgage pools 9,595 102 Loans purchased from GNMA mortgage pools 176 26 Total loans 9,771 $ 128 2020 Commercial 1,148 $ 80 Commercial real estate 50 30 Residential mortgages 38 5 Credit card 6,688 35 Other retail 307 4 Total loans, excluding loans purchased from GNMA mortgage pools 8,231 154 Loans purchased from GNMA mortgage pools 498 66 Total loans 8,729 $ 220 permanent modification under the applicable modification program. These loans had aggregate outstanding balances of $2 million for the year ended December 31, 2022. As of December 31, 2022, the Company had $21 million of commitments to lend additional funds to borrowers whose terms of their outstanding owed balances have been modified in TDRs.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2022
Text Block [Abstract]
Leases	NOTE 7 Leases The components of the net investment in sales-type and direct financing leases, at December 31, were as follows: (Dollars in Millions) 2022 2021 Lease receivables $ 8,731 $ 10,738 Unguaranteed residual values accruing to the lessor’s benefit 1,323 1,610 Total net investment in sales-type and direct financing leases $ 10,054 $ 12,348 The contractual future lease payments to be received by the Company, at December 31, 2022, were as follows: (Dollars in Millions) Sales-type and Operating leases 2023 $ 3,496 $ 134 2024 2,765 103 2025 1,665 69 2026 658 33 2027 284 18 Thereafter 447 26 Total lease payments 9,315 $ 383 Amounts representing interest (584 ) Lease receivables $ 8,731 respectively, compared with $1.2 billion of ROU assets and $1.3 billion of lease liabilities at December 31, 2021, respectively . Total costs incurred by the Company, as a lessee, were $390 million, $364 million and $374 million for the years ended December 31, 2022, 2021 and 2020, respectively, and principally related to contractual lease payments on operating leases. The Company’s leases do not impose significant covenants or other restrictions on the Company. The following table presents amounts relevant to the Company’s assets leased for use in its operations for the years ended December 31: (Dollars in Millions) 2022 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 294 $ 288 $ 305 Operating cash flows from finance leases 4 5 6 Financing cash flows from finance leases 14 12 12 Right of use assets obtained in exchange for new operating lease liabilities 239 164 128 Right of use assets obtained in exchange for new finance lease liabilities 91 75 6 The following table presents the weighted-average remaining lease terms and discount rates of the Company’s assets leased for use in its operations at December 31: 2022 2021 Weighted-average remaining lease term of operating leases (in years) 6.8 7.0 Weighted-average remaining lease term of finance leases (in years) 8.5 9.5 Weighted-average discount rate of operating leases 3.3 % 2.7 % Weighted-average discount rate of finance leases 7.9 % 9.3 % The contractual (Dollars in Millions) Operating Finance 2023 $ 369 $ 29 2024 318 51 2025 255 48 2026 198 33 2027 152 10 Thereafter 410 28 Total lease payments 1,702 199 Amounts representing interest (202 ) (22 ) Lease liabilities $ 1,500 $ 177

Accounting for Transfers and Se

Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities	NOTE 8 Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities The Company transfers financial assets in the normal course of business. The majority of the Company’s financial asset transfers are residential mortgage loan sales primarily to government-sponsored enterprises (“GSEs”), transfers of tax-advantaged For loans sold under participation agreements, the Company also considers whether the terms of the loan participation agreement meet the accounting definition of a participating interest. With the exception of servicing and certain performance-based guarantees, the Company’s continuing involvement with financial assets sold is minimal and generally limited to market customary representation and warranty clauses. Any gain or loss on sale depends on the previous carrying amount of the transferred financial assets, the consideration received, and any liabilities incurred in exchange for the transferred assets. Upon transfer, any servicing assets and other interests that continue to be held by the Company are initially recognized at fair value. For further information on MSR’s, refer to Note 10. On a limited basis, the Company may acquire and package high-grade corporate bonds for select corporate customers, in which the Company generally has no continuing involvement with these transactions. Additionally, the Company is an authorized GNMA issuer and issues GNMA securities on a regular basis. The Company has no other asset securitizations or similar asset-backed financing arrangements that are off-balance The Company also provides financial support primarily through the use of waivers of trust and investment management fees associated with various unconsolidated registered money market funds it manages. The Company discontinued providing this support beginning in the third quarter of 2022 due to rising interest rates in the current year. The Company provided $65 million, $250 million and $89 million of support to the funds during the years ended December 31, 2022, 2021 and 2020, respectively. The Company is involved in various entities that are considered to be VIEs. The Company’s investments in VIEs are primarily related to investments promoting affordable housing, community development and renewable energy sources. Some of these tax-advantaged recognized federal and state income tax credits related to its affordable housing and other tax-advantaged The Company is not required to consolidate VIEs in which it has concluded it does not have a controlling financial interest, and thus is not the primary beneficiary. In such cases, the Company does not have both the power to direct the entities’ most significant activities and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIEs. The Company’s investments in these unconsolidated VIEs are carried in other assets on the Consolidated Balance Sheet. The Company’s unfunded capital and other commitments related to these unconsolidated VIEs are generally carried in other liabilities on the Consolidated Balance Sheet. The Company’s maximum exposure to loss from these unconsolidated VIEs include the investment recorded on the Company’s Consolidated Balance Sheet, net of unfunded capital commitments, and previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes potential losses from these investments are remote, the maximum exposure was determined by assuming a scenario where the community-based business and housing projects completely fail and do not meet certain government compliance requirements resulting in recapture of the related tax credits. The following table provides a summary of investments in community development and tax-advantaged At December 31 (Dollars in Millions) 2022 2021 Investment carrying amount $ 5,452 $ 4,484 Unfunded capital and other commitments 2,416 1,890 Maximum exposure to loss 9,761 9,899 The Company also has noncontrolling financial investments in private investment funds and partnerships considered to be VIEs, which are not consolidated. The Company’s recorded investment in these entities, carried in other assets on the Consolidated Balance Sheet, was approximately $177 million at December 31, 2022 and $40 million at December 31, 2021. The maximum exposure to loss related to these VIEs was $310 million at December 31, 2022 and $84 million at December 31, 2021, representing the Company’s investment balance and its unfunded commitments to invest additional amounts. The Company also holds $3.4 billion of senior notes as available-for-sale investment securities. These senior notes were issued by third-party securitization vehicles that hold $4 billion of indirect auto loans that collateralize the senior notes. These VIEs are not consolidated by the Company. The Company’s individual net investments in unconsolidated VIEs, which exclude any unfunded capital commitments, ranged from less than $1 million to $116 million at December 31, 2022, compared with less than $1 million to $75 million at December 31, 2021. The Company tax-advantaged tax-advantaged December 31, 2021. The majority of the assets of these consolidated VIEs are reported in other assets, and the liabilities are reported in long-term debt and other liabilities. The assets of a particular VIE are the primary source of funds to settle its obligations. The creditors of the VIEs do not have recourse to the general credit of the Company. The Company’s exposure to the consolidated VIEs is generally limited to the carrying value of its variable interests plus any related tax credits previously recognized or transferred to others with a guarantee. In addition, the Company sponsors a municipal bond securities tender option bond program. The Company controls the activities of the program’s entities, is entitled to the residual returns and provides liquidity and remarketing arrangements to the program. As a result, the Company has consolidated the program’s entities. At December 31, 2022, $1.5 billion of available-for-sale available-for-sale

Premises and Equipment

Premises and Equipment	12 Months Ended
Premises and Equipment	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	NOTE 9 Premises and Equipment Premises and equipment at December 31 consisted of the following: (Dollars in Millions) 2022 2021 Land $ 535 $ 445 Buildings and improvements 3,296 3,161 Furniture, fixtures and equipment 3,485 3,438 Right of use assets on operating leases 1,296 1,014 Right of use assets on finance leases 269 172 Construction in progress 46 23 8,927 8,253 Less accumulated depreciation and amortization (5,069 ) (4,948 ) Total $ 3,858 $ 3,305

Mortgage Servicing Rights

Mortgage Servicing Rights	12 Months Ended
Mortgage Servicing Rights	Dec. 31, 2022
Text Block [Abstract]
Mortgage Servicing Rights	NOTE 10 Mortgage Servicing Rights The Company capitalizes MSRs as separate assets when loans are sold and servicing is retained. MSRs may also be purchased from others. The Company carries MSRs at fair value, with changes in the fair value recorded in earnings during the period in which they occur. The Company serviced $243.6 billion of residential mortgage loans for others at December 31, 2022, and $222.4 billion at December 31, 2021, including subserviced mortgages with no corresponding MSR asset. Included in mortgage banking revenue are the MSR fair value changes arising from market rate and model assumption changes, net of the value change in derivatives used to economically hedge MSRs. These changes resulted in net losses of $45 million and $183 million, and a net gain of $18 million for the years ended December 31, 2022, 2021 and 2020, respectively. Loan servicing and ancillary fees, not including valuation changes, included in mortgage banking revenue were $754 million, $725 million and $718 million for the years ended December 31, 2022, 2021 and 2020, respectively. Changes in fair value of capitalized MSRs are summarized as follows: (Dollars in Millions) 2022 2021 2020 Balance at beginning of period $ 2,953 $ 2,210 $ 2,546 Rights purchased 156 42 34 Rights capitalized 590 1,136 1,030 Rights sold (a) (255 ) 2 3 Changes in fair value of MSRs Due to fluctuations in market interest rates (b) 804 272 (719 ) Due to revised assumptions or models (c) (29 ) (196 ) (12 ) Other changes fair (d) (464 ) (513 ) (672 ) Balance at end of period $ 3,755 $ 2,953 $ 2,210 (a) MSRs sold include those having a negative fair value, resulting from the loans being severely delinquent. (b) Includes changes in MSR value associated with changes in market interest rates, including estimated prepayment rates and anticipated earnings on escrow deposits. (c) Includes changes in MSR value not caused by changes in market interest rates, such as changes in assumed cost to service, ancillary income and option adjusted spread, as well as the impact of any model changes. (d) Primarily the change in MSR value from passage of time and cash flows realized (decay), but also includes the impact of changes to expected cash flows not associated with changes in market interest rates, such as the impact of delinquencies. The estimated sensitivity to changes in interest rates of the fair value of the MSR portfolio and the related derivative instruments as of December 31 follows: 2022 2021 (Dollars in Millions) Down Down Down Up Up Up Down Down Down Up Up Up MSR portfolio $ (334 ) $ (153 ) $ (73 ) $ 66 $ 125 $ 224 $ (636 ) $ (324 ) $ (160 ) $ 150 $ 287 $ 511 Derivative instrument hedges 337 153 73 (67) (127) (236) 614 309 152 (142) (278) (536) Net sensitivity $ 3 $ – $ – $ (1 ) $ (2 ) $ (12) $ (22 ) $ (15 ) $ (8) $ 8 $ 9 $ (25) The fair value of MSRs and their sensitivity to changes in interest rates is influenced by the mix of the servicing portfolio and characteristics of each segment of the portfolio. The Company’s servicing portfolio consists of the distinct portfolios of government-insured mortgages, conventional mortgages and Housing Finance Agency (“HFA”) mortgages. The servicing portfolios are predominantly comprised of fixed-rate agency loans with limited adjustable-rate or jumbo mortgage loans. The HFA servicing portfolio is comprised of loans originated under st ate and local low- A summary of the Company’s MSRs and related characteristics by portfolio as of December 31 follows: 2022 2021 (Dollars in Millions) HFA Government Conventional (d) Total HFA Government Conventional (d) Total Servicing portfolio (a) $ 44,071 $ 23,141 $ 172,541 $ 239,753 $ 40,652 $ 21,919 $ 156,382 $ 218,953 Fair value $ 725 $ 454 $ 2,576 $ 3,755 $ 527 $ 308 $ 2,118 $ 2,953 Value (bps) (b) 165 196 149 157 130 141 135 135 Weighted-average servicing fees (bps) 36 42 27 30 36 41 30 32 Multiple (value/servicing fees) 4.56 4.69 5.52 5.20 3.63 3.43 4.50 4.18 Weighted-average note rate 4.16 % 3.81 % 3.52 % 3.67 % 4.07 % 3.70 % 3.41 % 3.56 % Weighted-average age (in years) 4.0 5.7 3.7 3.9 3.8 5.9 3.3 3.7 Weighted-average expected prepayment (constant prepayment rate) 7.4 % 8.5 % 7.8 % 7.8 % 11.5 % 13.2 % 9.6 % 10.3 % Weighted-average expected life (in years) 8.8 7.6 7.5 7.7 6.5 5.6 6.9 6.7 Weighted-average option adjusted spread (c) 7.6 % 6.9 % 5.1 % 5.8 % 7.3 % 7.3 % 6.3 % 6.6 % (a) Represents principal balance of mortgages having corresponding MSR asset. (b) Calculated as fair value divided by the servicing portfolio. (c) Option adjusted spread is the incremental spread added to the risk-free rate to reflect optionality and other risk inherent in the MSRs. (d) Represents loans sold primarily to GSEs.

Intangible Assets

Intangible Assets	12 Months Ended
Intangible Assets	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	NOTE 11 Intangible Assets Intangible assets consisted of the following: At December 31 (Dollars in Millions) 2022 2021 Goodwill $ 12,373 $ 10,262 Merchant processing contracts 155 195 Core deposit benefits 2,706 49 Mortgage servicing rights 3,755 2,953 Trust relationships 50 62 Other identified intangibles 489 479 Total $ 19,528 $ 14,000 Aggregate amortization expense consisted of the following: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Merchant processing contracts $ 38 $ 45 $ 49 Core deposit benefits 53 15 18 Trust relationships 12 10 9 Other identified intangibles 112 89 100 Total $ 215 $ 159 $ 176 The estimated amortization expense for the next five years is as follows: (Dollars in Millions) 2023 $ 647 2024 572 2025 490 2026 422 2027 350 The (Dollars in Millions) Corporate and Consumer and Wealth Management and Payment Treasury and Consolidated Balance at December 31, 2019 $ 1,647 $ 3,475 $ 1,617 $ 2,916 $ — $ 9,655 Goodwill acquired — — — 180 — 180 Foreign exchange translation and other — — 2 81 — 83 Balance at December 31, 2020 $ 1,647 $ 3,475 $ 1,619 $ 3,177 $ — $ 9,918 Goodwill acquired — 35 144 192 — 371 Foreign exchange translation and other 265 (265 ) (2 ) (25 ) — (27 ) Balance at December 31, 2021 $ 1,912 $ 3,245 $ 1,761 $ 3,344 $ — $ 10,262 Goodwill acquired 889 1,220 29 11 — 2,149 Foreign exchange translation and other — — (2 ) (36 ) — (38 ) Balance at December 31, 2022 $ 2,801 $ 4,465 $ 1,788 $ 3,319 $ — $ 12,373

Deposits

Deposits	12 Months Ended
Deposits	Dec. 31, 2022
Banking and Thrift, Interest [Abstract]
Deposits	NOTE 12 Deposits The composition of deposits at December 31 was as follows: (Dollars in Millions) 2022 2021 Noninterest-bearing deposits $ 137,743 $ 134,901 Interest-bearing deposits Interest checking 134,491 115,108 Money market savings 148,014 117,619 Savings accounts 71,782 65,790 Time deposits 32,946 22,665 Total interest-bearing deposits 387,233 321,182 Total deposits $ 524,976 $ 456,083 The maturities of time deposits outstanding at December 31, 2022 were as follows: (Dollars in Millions) 2023 $ 26,622 2024 3,879 2025 1,668 2026 458 2027 317 Thereafter 2 Total $ 32,946

Short-Term Borrowings

Short-Term Borrowings	12 Months Ended
Short-Term Borrowings	Dec. 31, 2022
Debt Disclosure [Abstract]
Short-Term Borrowings	NOTE 13 Short-Term Borrowings Short-term borrowings at December 31 consisted of the following: (Dollars in Millions) 2022 2021 Federal funds purchased $ 226 $ 628 Securities sold under agreements to repurchase 1,431 1,575 Commercial paper 8,145 6,026 Other short-term borrowings 21,414 (a) 3,567 Total $ 31,216 $ 11,796 (a) Balance primarily includes short-term FHLB advances.

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Dec. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	NOTE 14 Long-Term Debt Long-term debt (debt with original maturities of more than one year) at December 31 consisted of the following: (Dollars in Millions) Rate Rate (a) Maturity Date 2022 2021 U.S. Bancorp (Parent Company) Subordinated notes Fixed 2.950 % 2022 $ – $ 1,300 Fixed 3.600 % 2024 1,000 1,000 Fixed 7.500 % 2026 199 199 Fixed 3.100 % 2026 1,000 1,000 Fixed 3.000 % 2029 1,000 1,000 Fixed 4.967 % 2033 1,300 – Fixed 2.491 % 2036 1,300 1,300 Medium-term notes Fixed .850% - 5.850 % 2024 2033 18,468 12,631 Other (b) 2,716 472 Subtotal 26,983 18,902 Subsidiaries Federal Home Loan Bank advances Fixed 2.289% - 8.250% 2023 2026 2,051 2 Floating (d) 5.190% - 5.197% 2025 2026 3,000 3,272 Bank notes Fixed 1.950% - 3.400% 2023 2025 4,800 5,700 Floating (d) –% - 4.758% 2023 2062 1,352 3,337 Other (c) 1,643 912 Subtotal 12,846 13,223 Total $ 39,829 $ 32,125 (a) Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 3.20 percent, 4.02 percent and 2.78 percent, respectively. (b) Includes $2.9 billion of discounted noninterest-bearing additio n B 5-year (c) Includes consolidated community development and tax-advantaged d) Includes $3.0 billion of Federal Home Loan Bank advances and $1.0 billion of bank notes for which interest is calculated by reference to LIBOR. For any outstanding LIBOR-linked instrument that matures after June 30, 2023, the interest rate will transition from a LIBOR-based rate to an alternative reference rate. For outstanding debt subject to the Adjustable Interest Rate (LIBOR) Act (the “LIBOR Act”) that does not contain a fallback provision or does not contain a clearly defined or practicable fallback provision in the event that LIBOR is no longer published or quoted, the interest rate will transition pursuant to the LIBOR Act to a rate based on the Secured Overnight Financing Rate (“SOFR”) after June 30, 2023. For outstanding debt that contains adequate fallback provisions in the event that LIBOR is no longer published or quoted, these fallback provisions will be utilized to determine the replacement rate applied after June 30, 2023. The Company has arrangements with the Federal Home Loan Bank and Federal Reserve Bank whereby the Company could have borrowed an additional $114.8 billion and $101.0 billion at December 31, 2022 and 2021, respectively, based on collateral available. Maturities of long-term debt outstanding at December 31, 2022, were: (Dollars in Millions) Parent Consolidated 2023 $ 899 $ 4,854 2024 5,424 5,490 2025 1,965 5,498 2026 3,978 7,397 2027 3,722 3,751 Thereafter 10,995 12,839 Total $ 26,983 $ 39,829

Shareholders' Equity

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Dec. 31, 2022
Equity [Abstract]
Shareholders' Equity	NOTE 15 Shareholders’ Equity The number of shares issued and outstanding and the carrying amount of each outstanding series of the Company’s preferred stock were as follows: 2022 2021 (Dollars in Millions) Shares Liquidation Discount Carrying Shares Liquidation Discount Carrying Series A 12,510 $ 1,251 $ 145 $ 1,106 12,510 $ 1,251 $ 145 $ 1,106 Series B 40,000 1,000 – 1,000 40,000 1,000 – 1,000 Series J 40,000 1,000 7 993 40,000 1,000 7 993 Series K 23,000 575 10 565 23,000 575 10 565 Series L 20,000 500 14 486 20,000 500 14 486 Series M 30,000 750 21 729 30,000 750 21 729 Series N 60,000 1,500 8 1,492 60,000 1,500 8 1,492 Series O 18,000 450 13 437 – – – – Total preferred stock (a) 243,510 $ 7,026 $ 218 $ 6,808 225,510 $ 6,576 $ 205 $ 6,371 (a) The par value of all shares issued and outstanding at December 31, 2022 and 2021, was $1.00 per share. During 2022, the Company issued depositary shares representing an ownership interest in 18,000 shares of Series O Non-Cumulative During 2021, the Company issued depositary shares representing an ownership interest in 60,000 shares of Series N Fixed Rate Reset Non-Cumulative would not allow the Company to treat the full liquidation value of the Series N Preferred Stock as Tier 1 capital for purposes of the capital adequacy guidelines of the Federal Reserve Board. During 2021, the Company issued depositary shares representing an ownership interest in 30,000 shares of Series M Non-Cumulative During 2020, the Company issued depositary shares representing an ownership interest in 20,000 shares of Series L Non-Cumulative Company to treat the full liquidation value of the Series L Preferred Stock as Tier 1 capital for purposes of the capital adequacy guidelines of the Federal Reserve Board. During 2018, the Company issued depositary shares representing an ownership interest in 23,000 shares of Series K Non-Cumulative During 2017, the Company issued depositary shares representing an ownership interest in 40,000 shares of Series J Non-Cumulative During 2010, the Company issued depositary shares representing an ownership interest in 5,746 shares of Series A Non-Cumulative shares of Series A Preferred Stock to USB Capital IX, thereby settling the stock purchase contract established between the Company and USB Capital IX as part of the 2006 issuance of USB Capital IX Income Trust Securities. The preferred shares were issued to USB Capital IX for the purchase price specified in the stock forward purchase contract. The Series A Preferred Stock has a liquidation preference of $100,000 per share, no stated maturity and will not be subject to any sinking fund or other obligation of the Company. Dividends, if declared, will accrue and be payable quarterly, in arrears, at a rate per annum equal to the greater of three-month LIBOR plus 1.02 percent or 3.50 percent. The Series A Preferred Stock is redeemable at the Company’s option, subject to prior approval by the Federal Reserve Board. During 2006, the Company issued depositary shares representing an ownership interest in 40,000 shares of Series B Non-Cumulative Dividends for certain of the Company’s outstanding series of preferred stock described above are, or will in the future be, calculated by reference to LIBOR. The interest rate on these series of preferred stock will transition pursuant to the LIBOR Act to a rate based on SOFR after June 30, 2023. During 2022, 2021 and 2020, the Company repurchased shares of its common stock under various authorizations approved by its Board of Directors. The Company suspended all common stock repurchases at the beginning of the third quarter of 2021 and continuing through the remainder of 2022, except for those done exclusively in connection with its stock-based compensation programs, due to its pending acquisition of MUB’s , at which time the Company will assess its capital position relative to existing and proposed regulatory capital requirements. The following table summarizes the Company’s common stock repurchased in each of the last three years: (Dollars and Shares in Millions) Shares Value 2022 1 $ 69 2021 28 1,556 2020 31 1,661 Shareholders’ equity is affected by transactions and valuations of asset and liability positions that require adjustments to accumulated other comprehensive income (loss). The reconciliation of the transactions affecting accumulated other comprehensive income (loss) included in shareholders’ equity for the years ended December 31, is as follows: (Dollars in Millions) Unrealized Gains Available-For-Sale Unrealized Gains From Available-For-Sale Held-To-Maturity Unrealized Gains Unrealized Gains Foreign Currency Total 2022 Balance at beginning of period $ 540 $ (935 ) $ (85 ) $ (1,426 ) $ (37 ) $ (1,943 ) Changes in unrealized gains (losses) (13,656 ) – (75 ) 526 – (13,205 ) Transfer of securities from available-for-sale held-to-maturity 4,413 (4,413 ) – – – – Foreign currency translation adjustment (a) – – – – (10 ) (10 ) Reclassification to earnings of realized (gains) (20 ) 400 36 128 – 544 Applicable income taxes 2,345 1,015 10 (167 ) 4 3,207 Balance at end of period $ (6,378 ) $ (3,933 ) $ (114 ) $ (939 ) $ (43 ) $ (11,407 ) 2021 Balance at beginning of period $ 2,417 $ – $ (189 ) $ (1,842 ) $ (64 ) $ 322 Changes in unrealized gains and losses (3,698 ) – 125 400 – (3,173 ) Transfer of securities from available-for-sale held-to-maturity 1,289 (1,289 ) – – – – Foreign currency translation adjustment (a) – – – – 35 35 Reclassification to earnings of realized gains and losses (103 ) 36 14 157 – 104 Applicable income taxes 635 318 (35 ) (141 ) (8 ) 769 Balance at end of period $ 540 $ (935 ) $ (85 ) $ (1,426 ) $ (37 ) $ (1,943 ) 2020 Balance at beginning of period $ 379 $ – $ (51 ) $ (1,636 ) $ (65 ) $ (1,373 ) Changes in unrealized gains and losses 2,905 – (194 ) (401 ) – 2,310 Foreign currency translation adjustment (a) – – – – 2 2 Reclassification to earnings of realized gains and losses (177 ) – 10 125 – (42 ) Applicable income taxes (690 ) – 46 70 (1 ) (575 ) Balance at end of period $ 2,417 $ – $ (189 ) $ (1,842 ) $ (64 ) $ 322 (a) Represents the impact of changes in foreign currency exchange rates on the Company’s investment in foreign operations and related hedges. Additional detail about the impact to net income for items reclassified out of accumulated other comprehensive income (loss) and into earnings for the years ended December 31, is as follows: Impact to Net Income Affected Line Item in the (Dollars in Millions) 2022 2021 2020 Unrealized gains (losses) on investment securities available-for-sale Realized gains (losses) on sale of investment securities $ 20 $ 103 $ 177 Securities gains (losses), net (5 ) (26 ) (45 ) Applicable income taxes 15 77 132 Net-of-tax Unrealized gains (losses) on investment securities transferred from available-for-sale held-to-maturity Amortization of unrealized gains (losses) (400 ) (36 ) – Interest income 119 9 – Applicable income taxes (281 ) (27 ) – Net-of-tax Unrealized gains (losses) on derivative hedges Realized gains (losses) on derivative hedges (36 ) (14 ) (10 ) Interest expense 9 4 3 Applicable income taxes (27 ) (10 ) (7 ) Net-of-tax Unrealized gains (losses) on retirement plans Actuarial gains (losses) and prior service cost (credit) amortization (128 ) (157 ) (125 ) Other noninterest expense 33 40 32 Applicable income taxes (95 ) (117 ) (93 ) Net-of-tax Total impact to net income $ (388 ) $ (77 ) $ 32 Regulatory Capital Tier 1 capital is considered core capital and includes common shareholders’ equity adjusted for the aggregate impact of certain items included in other comprehensive income (loss) (“common equity tier 1 capital”), plus qualifying preferred stock, trust preferred securities and noncontrolling interests in consolidated subsidiaries subject to certain limitations. Total risk-based capital includes Tier 1 capital and other items such as subordinated debt and the allowance for credit losses. Capital measures are stated as a percentage of risk-weighted assets, which are measured based on their perceived credit risks and include certain off-balance commitments, letters of credit, and derivative contracts. Beginning in 2022, the Company began to phase into its regulatory capital requirements the cumulative deferred impact of its 2020 adoption of the accounting guidance related to the impairment of financial instruments based on the current expected credit losses (“CECL”) methodology plus 25 percent of its quarterly credit reserve increases over the past two years. This cumulative deferred impact will be phased into the Company’s regulatory capital over the next three years, culminating with a fully phased in regulatory capital calculation beginning in 2025. The Company is also subject to leverage ratio requirements, which is defined as Tier 1 capital as a percentage of adjusted average assets under the standardized approach and Tier 1 capital as a percentage of total on- off-balance The following table provides a summary of the regulatory capital requirements in effect, along with the actual components and ratios for the Company and its bank subsidiaries, at December 31, 2022 and 2021: U.S. Bancorp U.S. Bank National Association MUFG Union (Dollars in Millions) 2022 2021 2022 2021 2022 Basel III standardized approach: Common equity tier 1 capital $ 41,560 $ 41,701 $ 46,681 $ 45,000 $ 10,888 Tier 1 capital 48,813 48,516 47,127 45,444 10,888 Total risk-based capital 59,015 56,250 56,736 53,125 11,565 Risk-weighted assets 496,500 418,571 436,764 412,979 58,641 Common equity tier 1 capital as a percent of risk-weighted assets 8.4 % 10.0 % 10.7 % 10.9 % 18.6 % Tier 1 capital as a percent of risk-weighted assets 9.8 11.6 10.8 11.0 18.6 Total risk-based capital as a percent of risk-weighted assets 11.9 13.4 13.0 12.9 19.7 Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) 7.9 8.6 8.1 8.2 10.9 Tier 1 capital as a percent of total on- off-balance 6.4 6.9 6.5 6.6 10.1 Minimum (a) Well- Bank Regulatory Capital Requirements Common equity tier 1 capital as a percent of risk-weighted assets 7.0 % 6.5 % Tier 1 capital as a percent of risk-weighted assets 8.5 8.0 Total risk-based capital as a percent of risk-weighted assets 10.5 10.0 Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) 4.0 5.0 Tier 1 capital as a percent of total on- off-balance 3.0 3.0 (b) (a) The minimum common equity tier 1 capital, tier 1 capital and total risk-based capital ratio requirements reflect a stress capital buffer requirement of 2.5 percent. Banks and financial services holding companies must maintain minimum capital levels, including a stress capital buffer requirement, to avoid limitations on capital distributions and certain discretionary compensation payments. (b) A minimum well-capitalized threshold does not apply to U.S. Bancorp for this ratio as it is not formally defined under applicable banking regulations for bank holding companies. Noncontrolling interests principally represent third-party investors’ interests in consolidated entities, including preferred stock of consolidated subsidiaries. During 2006, the Company’s banking subsidiary formed USB Realty Corp., a real estate investment trust, for the purpose of issuing 5,000 shares of Fixed-to-Floating dividend period, such dividend shall not be cumulative and shall cease to accrue and be payable, and USB Realty Corp. will have no obligation to pay dividends accrued for such dividend period, whether or not dividends on the Series A Preferred Securities are declared for any future dividend period. The Series A Preferred Securities will be redeemable, in whole or in part, at the option of USB Realty Corp. on each fifth anniversary after the dividend payment date occurring in January 2012. Any redemption will be subject to the approval of the Office of the Comptroller of the Currency. During 2016, the Company purchased 500 shares of the Series A Preferred Securities held by third-party investors. As of December 31, 2022, 4,500 shares of the Series A Preferred Securities remain outstanding.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 16 Earnings Per Share The components of earnings per share were: Year Ended December 31 (Dollars and Shares in Millions, Except Per Share Data) 2022 2021 2020 Net income attributable to U.S. Bancorp $ 5,825 $ 7,963 $ 4,959 Preferred dividends (296 ) (303 ) (304 ) Impact of preferred stock call and redemption – (17 ) (a) (13 ) (b) Earnings allocated to participating stock awards (28 ) (38 ) (21 ) Net income applicable to U.S. Bancorp common shareholders $ 5,501 $ 7,605 $ 4,621 Average common shares outstanding 1,489 1,489 1,509 Net effect of the exercise and assumed purchase of stock awards 1 1 1 Average diluted common shares outstanding 1,490 1,490 1,510 Earnings per common share $ 3.69 $ 5.11 $ 3.06 Diluted earnings per common share $ 3.69 $ 5.10 $ 3.06 (a) Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series I and Series F Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares. (b) Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series H Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares. Options outstanding at December 31, 2022 and 2020, to purchase 1 million and 2 million common shares, respectively, were not included in the computation of diluted earnings per share for the years ended December 31, 2022 and 2020, because they were antidilutive.

Employee Benefits

Employee Benefits	12 Months Ended
Employee Benefits	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefits	NOTE 17 Employee Benefits Employee Retirement Savings Plan Pension and Postretirement Welfare Plans Pension Plans based on eligible pay multiplied by a percentage determined by their age and/or years of service, as defined by the plan documents. Participants also receive an annual interest credit. Generally, employees become vested upon completing The Company also maintains two non-qualified plans that are unfunded and provide benefits to certain employees. The assumptions used in computing the accumulated benefit obligation, the projected benefit obligation and net pension expense are substantially consistent with those assumptions used for the funded qualified plans. The U.S. Bank MUFG Supplemental Executive Retirement Plan was closed to new participants effective December 31, 2016. In 2023, the Company expects to contribute approximately $26 million to its non-qualified pension plans, which equals the 2023 expected benefit payments. Postretirement Welfare Plans The following table summarizes the changes in benefit obligations and plan assets for the years ended December 31, and the funded status and amounts recognized in the Consolidated Balance Sheet at December 31 for the retirement plans: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2022 2021 Change In Projected Benefit Obligation (a) Benefit obligation at beginning of measurement period $ 8,030 $ 7,805 $ 34 $ 38 Service cost 280 265 – – I n te re st c 248 219 1 1 Participants’ contributions – – 3 4 Plan amendments 2 – – – Actuarial (gain) loss (2,250 ) (4 ) (6 ) (2 ) Lump sum settlements (76 ) (71 ) – – Benefit payments (195 ) (184 ) (8 ) (7 ) Acquisitions 578 – 27 – Benefit obligation at end of measurement period (b) $ 6,617 $ 8,030 $ 51 $ 34 Change In Fair Value Of Plan Assets Fair value at beginning of measurement period $ 8,113 $ 7,498 $ – $ – Actual return on plan assets (1,245 ) 844 (1 ) – Employer contributions 28 26 5 3 Participants’ contributions – – 4 4 Lump sum settlements (76 ) (71 ) – – Benefit payments (195 ) (184 ) (8 ) (7 ) Acquisitions 750 – 42 – Fair value at end of measurement period $ 7,375 $ 8,113 $ 42 $ – Funded (Unfunded) Status $ 758 $ 83 $ (9 ) $ (34 ) Components Of The Consolidated Balance Sheet Noncurrent benefit asset $ 1,286 $ 776 $ 15 $ – Current benefit liability (25 ) (26 ) (4 ) (5 ) Noncurrent benefit liability (503 ) (667 ) (20 ) (29 ) Recognized amount $ 758 $ 83 $ (9 ) $ (34 ) Accumulated Other Comprehensive Income (Loss), Pretax Net actuarial (loss) gain $ (1,326 ) $ (1,989 ) $ 57 $ 58 Net prior service credit (cost) 12 16 5 8 Recognized amount $ (1,314 ) $ (1,973 ) $ 62 $ 66 (a) The decrease in the projected benefit obligation for 2022 was primarily due to a higher discount rate partially offset by the acquired MU B (b) At December 31, 2022 and 2021, the accumulated benefit obligation for all pension plans was $5.0 billion and $7.3 billion, respectively. The following table provides information for pension plans with benefit obligations in excess of plan assets at December 31: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2022 2021 Plans with Projected Benefit Obligations in Excess of Plan Assets Projected benefit obligation $ 528 $ 692 $ – $ – Fair value of plan assets – – – – Plans with Accumulated Benefit Obligations in Excess of Plan Assets Accumulated benefit obligation $ 487 $ 631 $ 24 $ 34 Fair value of plan assets – – – – The following table sets forth the components of net periodic benefit cost and other amounts recognized in accumulated other comprehensive income (loss) for the years ended December 31 for the retirement plans: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Components Of Net Periodic Benefit Cost Service cost $ 280 $ 265 $ 235 $ – $ – $ – Interest cost 248 219 235 1 1 1 Expected return on plan assets (481 ) (450 ) (403 ) – – (3 ) Prior service cost (credit) amortization (2 ) (2 ) – (3 ) (3 ) (3 ) Actuarial loss (gain) amortization 140 169 134 (7 ) (7 ) (6 ) Net periodic benefit cost $ 185 $ 201 $ 201 $ (9 ) $ (9 ) $ (11 ) Other Changes In Plan Assets And Benefit Obligations Recognized In Other Comprehensive Income (Loss) Net actuarial gain (loss) arising during the year $ 523 $ 398 $ (420 ) $ 5 $ 2 $ 1 Net actuarial loss (gain) amortized during the year 140 169 134 (7 ) (7 ) (6 ) Net prior service (cost) credit arising during the year (2 ) – 18 – – – Net prior service cost (credit) amortized during the year (2 ) (2 ) – (3 ) (3 ) (3 ) Total recognized in other comprehensive income (loss) $ 659 $ 565 $ (268 ) $ (5 ) $ (8 ) $ (8 ) Total recognized in net periodic benefit cost and other comprehensive income (loss) $ 474 $ 364 $ (469 ) $ 4 $ 1 $ 3 The following table sets forth weighted average assumptions used to determine the projected benefit obligations at December 31: Pension Plans Postretirement (Dollars in Millions) 2022 2021 2022 2021 Discount rate 5.55 % 3.00 % 5.43 % 2.37 % Cash balance interest crediting rate 3.36 3.00 * * Rate of compensation increase (a) 4.13 3.56 * * Health care cost trend rate (b) Prior to age 65 6.50 % 5.75 % After age 65 6.50 % 5.75 % (a) Determined on an active liability-weighted basis. (b) The 2022 pre-65 post-65 pre-65 post-65 * Not applicable The following table sets forth weighted average assumptions used to determine net periodic benefit cost for the years ended December 31: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Discount rate 3.00 % 2.75 % 3.40 % 2.37 % 2.37 % 2.80 % Cash balance interest crediting rate 3.00 3.00 3.00 * * * Expected return on plan assets (a) 6.50 6.50 7.25 6.50 * 3.50 Rate of compensation increase (b) 3.56 3.56 3.56 * * * Health care cost trend rate (c) Prior to age 65 5.75 % 5.75 % 6.25 % After age 65 5.75 5.75 6.25 (a) With the help of an independent pension consultant, the Company considers several sources when developing its expected long-term rates of return on plan assets assumptions, including, but not limited to, past returns and estimates of future returns given the plans’ asset allocation, economic conditions, and peer group LTROR information. The Company determines its expected long-term rates of return reflecting current economic conditions and plan assets. (b) Determined on an active liability weighted basis. (c) The 2022, 2021 and 2020 pre-65 post-65 * Not applicable Investment Policies and Asset Allocation Generally, based on historical performance of the various investment asset classes, investments in equities have outperformed other investment classes but are subject to higher volatility. In an effort to minimize volatility, while recognizing the long-term up-side potential of investing in equities, the Company’s Compensation and Human Resources At December 31, 2022 and 2021 plan assets included an asset management arrangement with a related party totaling $87.8 million and $55.3 million, respectively. In accordance with authoritative accounting guidance, the Company groups plan assets into a three-level hierarchy for valuation techniques used to measure their fair value based on whether the valuation inputs are observable or unobservable. Refer to Note 22 for further discussion on these levels. The assets of the qualified pension plans include investments in equity and U.S. Treasury securities whose fair values are determined based on quoted prices in active markets and are classified within Level 1 of the fair value hierarchy. The qualified pension plans also invest in U.S. agency, corporate and municipal debt securities, which are all valued based on observable market prices or data by third party pricing services, and mutual funds which are valued based on quoted net asset values provided by the trustee of the fund; these assets are classified as Level 2. Additionally, the qualified pension plans invest in certain assets that are valued based on net asset values as a practical expedient, including investments in collective investment funds, hedge funds, and private equity funds; the net asset values are provided by the fund trustee or administrator and are not classified in the fair value hierarchy. The following table summarizes plan investment assets measured at fair value at December 31: Qualified Pension Plans Postretirement Welfare Plans 2022 2021 2022 (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 202 $ – $ – $ 202 $ 43 $ – $ – $ 43 $ 7 $ – $ – $ 7 Debt securities 961 855 – 1,816 1,022 1,096 – 2,118 5 4 – 9 Mutual funds Debt securities – 382 – 382 – 409 – 409 – 2 – 2 Emerging markets equity securities – 156 – 156 – 188 – 188 – 1 – 1 Other – – 6 6 – – 4 4 – – – – $ 1,163 $ 1,393 $ 6 2,562 $ 1,065 $ 1,693 $ 4 2,762 $ 12 $ 7 $ – 19 Plan investment assets not classified in fair value hierarchy (a) Collective investment funds Domestic equity securities 1,494 1,958 7 Mid-small (b) 313 433 2 International equity securities 620 867 3 Domestic real estate securities 907 829 4 Hedge funds (c) 451 450 2 Private equity funds (d) 1,028 814 5 Total plan investment assets at fair value $ 7,375 $ 8,113 $ 42 (a) These investments are valued based on net asset value per share as a practical expedient; fair values are provided to reconcile to total investment assets of the plans at fair value. (b) At December 31, 2022 and 2021, securities included $315 million and $433 million in domestic equities, respectively. (c) This category consists of several investment strategies diversified across several hedge fund managers. (d) This category consists of several investment strategies diversified across several private equity fund managers. The following table summarizes the changes in fair value for qualified pension plans investment assets measured at fair value using significant unobservable inputs (Level 3) for the years ended December 31: 2022 2021 2020 (Dollars in Millions) Other Other Other Balance at beginning of period $ 4 $ 6 $ 3 Unrealized gains (losses) relating to assets still held at end of year 2 (2 ) 3 Purchases, sales, and settlements, net – – – Balance at end of period $ 6 $ 4 $ 6 The following benefit payments are expected to be paid from the retirement plans for the years ended December 31: (Dollars in Millions) Pension Postretirement (a) 2023 $ 337 $ 5 2024 332 5 2025 387 5 2026 394 5 2027 409 5 2028-2032 2,359 19 (a) Net of expected retiree contributions.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	NOTE 18 Stock-Based Compensation As part of its employee and director compensation programs, the Company currently may grant certain stock awards under the provisions of its stock incentive plan. The plan provides for grants of options to purchase shares of common stock at a fixed price equal to the fair value of the underlying stock at the date of grant. Option grants are generally exercisable up to ten years from the date of grant. In addition, the plan provides for grants of shares of common stock or stock units that are subject to restriction on transfer prior to vesting. Most stock and unit awards vest over three Stock Option Awards The following is a summary of stock options outstanding and exercised under prior and existing stock incentive plans of the Company: Year Ended December 31 Stock Weighted- Weighted-Average Aggregate 2022 Number outstanding at beginning of period 3,890,131 $ 42.58 Exercised (624,729 ) 32.87 Cancelled (a) (12,312 ) 50.97 Number outstanding at end of period (b) 3,253,090 $ 44.42 2.7 $ – Exercisable at end of period 3,253,090 $ 44.42 2.7 $ – 2021 Number outstanding at beginning of period 5,180,391 $ 40.38 Exercised (1,281,646 ) 33.66 Cancelled (a) (8,614 ) 48.20 Number outstanding at end of period (b) 3,890,131 $ 42.58 3.3 $ 53 Exercisable at end of period 3,890,131 $ 42.58 3.3 $ 53 2020 Number outstanding at beginning of period 5,718,256 $ 39.25 Exercised (513,293 ) 27.48 Cancelled (a) (24,572 ) 45.08 Number outstanding at end of period (b) 5,180,391 $ 40.38 3.7 $ 32 Exercisable at end of period 4,942,077 $ 39.68 3.6 $ 34 Note: The Company did not grant any stock option awards during 2022, 2021, and 2020. (a) Options cancelled include both non-vested (b) Outstanding options include stock-based awards that may be forfeited in future periods. The impact of the estimated forfeitures is reflected in compensation expense. Stock-based compensation expense is based on the estimated fair value of the award at the date of grant or modification. The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model, requiring the use of subjective assumptions. Because employee stock options have characteristics that differ from those of traded options, including vesting provisions and trading limitations that impact their liquidity, the determined value used to measure compensation expense may vary from the actual fair value of the employee stock options. The following summarizes certain stock option activity of the Company: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Fair value of options vested $ – $ 3 $ 7 Intrinsic value of options exercised 15 27 11 Cash received from options exercised 21 43 14 Tax benefit realized from options exercised 4 7 3 To satisfy option exercises, the Company pre uses Additional information regarding stock options outstanding as of December 31, 2022, is as follows: Outstanding Options Exercisable Options Range of Exercise Prices Shares Weighted- Weighted- Shares Weighted- $30.01—$35.00 141,571 .1 33.95 141,571 33.95 $35.01—$40.00 1,019,379 3.1 39.49 1,019,379 39.49 $40.01—$45.00 1,242,665 1.7 42.44 1,242,665 42.44 $45.01—$50.00 – – – – – $50.01—$55.01 849,475 4.1 54.96 849,475 54.96 3,253,090 2.7 $ 44.42 3,253,090 $ 44.42 Restricted Stock and Unit Awards A summary of the status of the Company’s restricted shares of stock and unit awards is presented below: 2022 2021 2020 Year Ended December 31 Shares Weighted- Shares Weighted- Shares Weighted- Outstanding at beginning of period 6,812,753 $ 51.04 6,343,313 $ 51.38 6,606,833 $ 48.99 Granted 4,109,793 55.62 4,512,995 52.54 3,552,923 53.90 Vested (3,690,666 ) 52.88 (3,793,978 ) 53.27 (3,534,770 ) 49.28 Cancelled (351,054 ) 54.95 (249,577 ) 52.83 (281,673 ) 53.51 Outstanding at end of period 6,880,826 $ 52.59 6,812,753 $ 51.04 6,343,313 $ 51.38 The total fair value of shares vested was $198 million, $191 million and $182 million for the years ended December 31, 2022, 2021 and 2020, respectively. Stock-based compensation expense was $202 million, $207 million and $189 million for the years ended December 31, 2022, 2021 and 2020, respectively. On an after-tax December 31, 2022, 2021 and 2020, respectively. As of December 31, 2022, there was $158 million of total unrecognized compensation cost related to nonvested share-based arrangements granted under the plans. That cost is expected to be recognized over a weighted-average period of 1.8 years as compensation expense.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 19 Income Taxes The components of income tax expense were: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Federal Current $ 1,366 $ 1,203 $ 1,146 Deferred (108 ) 469 (291 ) Federal income tax 1,258 1,672 855 State Current 401 398 355 Deferred (196 ) 111 (144 ) State income tax 205 509 211 Total income tax provision $ 1,463 $ 2,181 $ 1,066 A reconciliation of expected income tax expense at the federal statutory rate of 21 percent to the Company’s applicable income tax expense follows: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Tax at statutory rate $ 1,533 $ 2,135 $ 1,271 State income tax, at statutory rates, net of federal tax benefit 305 439 240 Tax effect of Tax credits and benefits, net of related expenses (273 ) (331 ) (370 ) Tax-exempt (121 ) (114 ) (117 ) Revaluation of tax related assets and liabilities (a) (79 ) — — Nondeductible legal and regulatory expenses 37 24 29 Other items 61 28 13 Applicable income taxes $ 1,463 $ 2,181 $ 1,066 (a) The 2022 acquisition of MU B The tax effects of fair value adjustments on securities available-for-sale, In preparing its tax returns, the Company is required to interpret complex tax laws and regulations and utilize income and cost allocation methods to determine its taxable income. On an ongoing basis, the Company is subject to examinations by federal, state, local and foreign taxing authorities that may give rise to differing interpretations of these complex laws, regulations and methods. Due to the nature of the examination process, it generally takes years before these examinations are completed and matters are resolved. Federal tax examinations for all years ending through December 31, 2014 are completed and resolved. The Company’s tax returns for the years ended December 31, 2015 through December 31, 2020 are under examination by the Internal Revenue Service. The years open to examination by foreign, state and local government authorities vary by jurisdiction. A reconciliation of the changes in the federal, state and foreign uncertain tax position balances are summarized as follows: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Balance at beginning of period $ 487 $ 474 $ 432 Additions for tax positions taken in prior years 35 14 62 Additions for tax positions taken in the current year 3 7 6 Exam resolutions (8 ) (1 ) (8 ) Statute expirations (4 ) (7 ) (18 ) Balance at end of period $ 513 $ 487 $ 474 The total amount of uncertain tax positions that, if recognized, would impact the effective income tax rate as of December 31, 2022, 2021 and 2020, were $294 million, $285 million and $280 million, respectively. The Company classifies interest and penalties related to uncertain tax positions as a component of income tax expense. At December 31, 2022, the Company’s uncertain tax position balance included $52 million of accrued interest and penalties. During the years ended December 31, 2022, 2021 and 2020 the Company recorded approximately $7 million, $5 million and $5 million, respectively, in interest and penalties on uncertain tax positions. Deferred income tax assets and liabilities reflect the tax effect of estimated temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for the same items for income tax reporting purposes. The significant components of the Company’s net deferred tax asset (liability) follows: At December 31 (Dollars in Millions) 2022 2021 Deferred Tax Assets Securities available-for-sale $ 3,992 $ 163 Federal, state and foreign net operating loss , and other carryforwards 2,677 2,331 Allowance for credit losses 1,980 1,561 Loans 1,287 — Accrued expenses 618 568 Obligation for operating leases 368 281 Partnerships and other investment assets 112 — Stock compensation 81 76 Pension and postretirement benefits — 8 Other deferred tax assets, net 501 451 Gross deferred tax assets 11,616 5,439 Deferred Tax Liabilities Leasing activities (1,813 ) (2,263 ) Goodwill and other intangible assets (1,575 ) (845 ) Mortgage servicing rights (815 ) (593 ) Right of use operating leases (325 ) (246 ) Pension and postretirement benefits (172 ) — Fixed assets (125 ) (238 ) Loans — (85 ) Partnerships and other investment assets — (8 ) Other deferred tax liabilities, net (234 ) (127 ) Gross deferred tax liabilities (5,059 ) (4,405 ) Valuation allowance (263 ) (249 ) Net Deferred Tax Asset $ 6,294 $ 785 The Company has approximately $2.8 billion of federal, state and foreign net operating loss carryforwards which expire at various times beginning in 2023 In addition, the Company has $1.7 billion of federal credit carryforwards which expire at various times through 2042 are not subject to a valuation allowance as management believes that it is more likely than not that the credits will be utilized within the carryforward period. At December 31, 2022, retained earnings included approximately $102 million of base year reserves of acquired thrift institutions, for which no deferred federal income tax liability has been recognized. These base year reserves would be recaptured if certain subsidiaries of the Company cease to qualify as a bank for federal income tax purposes. The base year reserves also remain subject to income tax penalty provisions that, in general, require recapture upon certain stock redemptions of, and excess distributions to, stockholders.

Derivative Instruments

Derivative Instruments	12 Months Ended
Derivative Instruments	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	NOTE 20 Derivative Instruments In the ordinary course of business, the Company enters into derivative transactions to manage various risks and to accommodate the business requirements of its customers. The Company recognizes all derivatives on the Consolidated Balance Sheet at fair value in other assets or in other liabilities. On the date the Company enters into a derivative contract, the derivative is designated as either a fair value hedge, cash flow hedge, net investment hedge, or a designation is not made as it is a customer-related transaction, an economic hedge for asset/liability risk management purposes or another stand-alone derivative created through the Company’s operations (“free-standing derivative”). When a derivative is designated as a fair value, cash flow or net investment hedge, the Company performs an assessment, at inception and, at a minimum, quarterly thereafter, to determine the effectiveness of the derivative in offsetting changes in the value or cash flows of the hedged item(s). Fair Value Hedges available-for-sale Cash Flow Hedges (net-of-tax) (net-of-tax) next 12 months is a loss of $52 million (net-of-tax). Net Investment Hedges non-derivative non-derivative Other Derivative Positions to-be-announced non-derivative Refer to Note 23 for further information on these swap agreements. The Company may use credit derivatives to economically hedge credit risk. The following table summarizes the asset and liability management derivative positions of the Company at December 31: 2022 2021 Notional Fair Value Notional Fair Value (Dollars in Millions) Assets Liabilities Assets Liabilities Fair value hedges Interest rate contracts Receive fixed/pay floating swaps $ 17,400 $ – $ 9 $ 12,350 $ – $ – Pay fixed/receive floating swaps 5,542 – – 16,650 – – Cash flow hedges Interest rate contracts Receive fixed/pay floating swaps 14,300 – – – – – Net investment hedges Foreign exchange forward contracts 778 – – 793 – 4 Other economic hedges Interest rate contracts Futures and forwards Buy 3,546 10 18 9,322 10 16 Sell 7,522 20 38 29,348 25 27 Options Purchased 11,434 346 – 18,570 256 – Written 7,849 7 148 9,662 52 231 Receive fixed/pay floating swaps 9,215 – 3 9,653 – – Pay fixed/receive floating swaps 9,616 – – 7,033 – – Foreign exchange forward contracts 962 2 6 735 2 6 Equity contracts 361 – 10 209 5 – Credit contracts 330 – – – – – Other (a) 1,908 11 190 1,792 – 125 Total $ 90,763 $ 396 $ 422 $ 116,117 $ 350 $ 409 (a) Includes derivative liability swap agreements related to the sale of a portion of the Company’s Class B common and preferred shares of Visa Inc. The Visa swap agreements had a total notional value and fair value of $1.8 The following table summarizes the customer-related derivative positions of the Company at December 31: 2022 2021 Notional Fair Value Notional Fair Value (Dollars in Millions) Assets Liabilities Assets Liabilities Interest rate contracts Receive fixed/pay floating swaps $ 301,690 $ 309 $ 5,689 $ 178,701 $ 2,007 $ 438 Pay fixed/receive floating swaps 316,133 2,323 206 174,176 134 670 Other (a) 40,261 3 16 16,267 1 2 Options Purchased 103,489 1,794 5 89,679 194 36 Written 99,923 6 1,779 85,211 36 176 Futures Buy 3,623 – 4 3,607 – – Sell 2,376 8 – 3,941 – – Foreign exchange rate contracts Forwards, spots and swaps 134,666 3,010 2,548 89,321 1,145 1,143 Options Purchased 954 22 – 805 19 – Written 954 – 22 805 – 19 Credit contracts 10,765 1 8 9,331 1 5 Total $ 1,014,834 $ 7,476 $ 10,277 $ 651,844 $ 3,537 $ 2,489 (a) Primarily represents floating rate interest rate swaps that pay based on differentials between specified interest rate indexes. The table below shows the effective portion of the gains (losses) recognized in other comprehensive income (loss) and the gains (losses) reclassified from other comprehensive income (loss) into earnings (net-of-tax) Gains (Losses) Recognized in Other Gains (Losses) Reclassified from (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Asset and Liability Management Positions Cash flow hedges Interest rate contracts $ (56 ) $ 94 $ (145 ) $ (27 ) $ (10 ) $(7) Net investment hedges Foreign exchange forward contracts 42 19 (21 ) – – – Non-derivative 59 84 (90 ) – – – Note: The Company does not exclude components from effectiveness testing for cash flow and net investment hedges. The table below shows the effect of fair value and cash flow hedge accounting on the Consolidated Statement of Income for the years ended December 31: Interest Income Interest Expense (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Total amount of income and expense line items presented in the Consolidated Statement of Income in which the effects of fair value or cash flow hedges are recorded $ 17,945 $ 13,487 $ 14,840 $ 3,217 $ 993 $ 2,015 Asset and Liability Management Positions Fair value hedges Interest rate contract derivatives 138 17 1 482 232 (134) Hedged items (139 ) (19 ) (1 ) (486 ) (232 ) 134 Cash flow hedges Interest rate contract derivatives – – – – 14 10 Note: The Company does not exclude components from effectiveness testing for fair value and c ash flo The table below shows cumulative hedging adjustments and the carrying amount of assets and liabilities designated in fair value hedges at December 31: Carrying Amount of the Cumulative Hedging (a) (Dollars in Millions) 2022 2021 2022 2021 Line Item in the Consolidated Balance Sheet Available-for-sale $ 4,937 $ 16,445 $ (552 ) $(26) Long-term debt 17,190 12,278 (142 ) 585 (a) The cumulative hedging adjustment related to discontinued hedging relationships on available-for-sale The table below shows the gains (losses) recognized in earnings for other economic hedges and the customer-related positions for the years ended December 31: (Dollars in Millions) Location of Gains (Losses) Recognized in Earnings 2022 2021 2020 Asset and Liability Management Positions Other economic hedges Interest rate contracts Futures and forwards Mortgage banking revenue $ 407 $ 511 $ 82 Purchased and written options Mortgage banking revenue 1 527 1,527 Swaps Mortgage banking revenue/ (1,010 ) (197 ) 598 Foreign exchange forward contracts Other noninterest income (1 ) 1 3 Equity contracts Compensation expense (8 ) 7 3 Other Other noninterest income (181 ) 5 (70 ) Customer-Related Positions Interest rate contracts Swaps Commercial products revenue 98 110 135 Purchased and written options Commercial products revenue 20 (5 ) (8 ) Futures Commercial products revenue 30 3 (18 ) Foreign exchange rate contracts Forwards, spots and swaps Commercial products revenue 100 93 78 Purchased and written options Commercial products revenue 1 1 1 Credit contracts Commercial products revenue - 20 (7 ) (32 ) Derivatives are subject to credit risk associated with counterparties to the derivative contracts. The Company measures that credit risk using a credit valuation adjustment and includes it within the fair value of the derivative. The Company manages counterparty credit risk through diversification of its derivative positions among various counterparties, by entering into derivative positions that are centrally cleared through clearinghouses, by entering into master netting arrangements and, where possible, by requiring collateral arrangements. A master netting arrangement allows two counterparties, who have multiple derivative contracts with each other, the ability to net settle amounts under all contracts, including any related collateral, through a single payment and in a single currency. Collateral arrangements generally require the counterparty to deliver collateral (typically cash or U.S. Treasury and agency securities) equal to the Company’s net derivative receivable, subject to minimum transfer and credit rating requirements. The Company’s collateral arrangements are predominately bilateral and, therefore, contain provisions that require collateralization of the Company’s net liability derivative positions. Required collateral coverage is based on net liability thresholds and may be contingent upon the Company’s credit rating from two of the nationally recognized statistical rating organizations. If the Company’s credit rating were to fall below credit ratings thresholds established in the collateral arrangements, the counterparties to the derivatives could request immediate additional collateral coverage up to and including full collateral coverage for derivatives in a net liability position. The aggregate fair value of all derivatives under collateral arrangements that were in a net liability position at December 31, 2022, was $2.6 billion. At December 31, 2022, the Company had $2.1 billion of cash posted as collateral against this net liability position.

Netting Arrangements for Certai

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities	12 Months Ended
	Dec. 31, 2022
Text Block [Abstract]
Netting Arrangements for Certain Financial Instruments and Securities Financing Activities	NOTE 21 Netting Arrangements for Certain Financial Instruments and Securities Financing Activities The Company’s derivative portfolio consists of bilateral over-the-counter over-the-counter As part of the Company’s treasury and broker-dealer operations, the Company executes transactions that are treated as securities sold under agreements to repurchase or securities purchased under agreements to resell, both of which are accounted for as collateralized financings. Securities sold under agreements to repurchase include repurchase agreements and securities loaned transactions. Securities purchased under agreements to resell include reverse repurchase agreements and securities borrowed transactions. For securities sold under agreements to repurchase, the Company records a liability for the cash received, which is included in short-term borrowings on the Consolidated Balance Sheet. For securities purchased under agreements to resell, the Company records a receivable for the cash paid, which is included in other assets on the Consolidated Balance Sheet. Securities transferred to counterparties under repurchase agreements and securities loaned transactions continue to be recognized on the Consolidated Balance Sheet, are measured at fair value, and are included in investment securities or other assets. Securities received from counterparties under reverse repurchase agreements and securities borrowed transactions are not recognized on the Consolidated Balance Sheet unless the counterparty defaults. The securities transferred under repurchase and reverse repurchase transactions typically are U.S. Treasury and agency securities, residential agency mortgage-backed securities or corporate debt securities. The securities loaned or borrowed typically are corporate debt securities traded by the Company’s broker-dealer subsidiary. In general, the securities transferred can be sold, repledged or otherwise used by the party in possession. No restrictions exist on the use of cash collateral by either party. Repurchase/reverse repurchase and securities loaned/borrowed transactions expose the Company to counterparty risk. The Company manages this risk by performing assessments, independent of business line managers, and establishing concentration limits on each counterparty. Additionally, these transactions include collateral arrangements that require the fair values of the underlying securities to be determined daily, resulting in cash being obtained or refunded to counterparties to maintain specified collateral levels. The following table summarizes the maturities by category of collateral pledged for repurchase agreements and securities loaned transactions: (Dollars in Millions) Overnight and Less Than 30-89 Greater Than Total December 31, 2022 Repurchase agreements U.S. Treasury and agencies $ 147 $ – $ – $ – $ 147 Residential agency mortgage-backed securities 846 – – – 846 Corporate debt securities 439 – – – 439 Total repurchase agreements 1,432 – – – 1,432 Securities loaned Corporate debt securities 120 – – – 120 Total securities loaned 120 – – – 120 Gross amount of recognized liabilities $ 1,552 $ – $ – $ – $ 1,552 December 31, 2021 Repurchase agreements U.S. Treasury and agencies $ 378 $ – $ – $ – $ 378 Residential agency mortgage-backed securities 551 – – – 551 Corporate debt securities 646 – – – 646 Total repurchase agreements 1,575 – – – 1,575 Securities loaned Corporate debt securities 169 – – – 169 Total securities loaned 169 – – – 169 Gross amount of recognized liabilities $ 1,744 $ – $ – $ – $ 1,744 The Company executes its derivative, repurchase/reverse repurchase and securities loaned/borrowed transactions under the respective industry standard agreements. These agreements include master netting arrangements that allow for multiple contracts executed with the same counterparty to be viewed as a single arrangement. This allows for net settlement of a single amount on a daily basis. In the event of default, the master netting arrangement provides for close-out The Company has elected to offset the assets and liabilities under netting arrangements for the balance sheet presentation of the majority of its derivative counterparties. The netting occurs at the counterparty level, and includes all assets and liabilities related to the derivative contracts, including those associated with cash collateral received or delivered. The Company has not elected to offset the assets and liabilities under netting arrangements for the balance sheet presentation of repurchase/reverse repurchase and securities loaned/borrowed transactions. The following tables provide information on the Company’s netting adjustments, and items not offset on the Consolidated Balance Sheet but available for offset in the event of default: (Dollars in Millions) Gross Gross Amounts (a) Net Amounts Gross Amounts Not Offset on Financial (b) Collateral (c) Net Amount December 31, 2022 Derivative assets (d) $ 7,852 $ (5,427 ) $ 2,425 $ (231 ) $ (80 ) $ 2,114 Reverse repurchase agreements 107 – 107 (102 ) (5 ) – Securities borrowed 1,606 – 1,606 – (1,548 ) 58 Total $ 9,565 $ (5,427 ) $ 4,138 $ (333 ) $ (1,633 ) $ 2,172 December 31, 2021 Derivative assets (d) $ 3,830 $ (1,609 ) $ 2,221 $ (142 ) $ (106 ) $ 1,973 Reverse repurchase agreements 359 – 359 (249 ) (110 ) – Securities borrowed 1,868 – 1,868 – (1,818 ) 50 Total $ 6,057 $ (1,609 ) $ 4,448 $ (391 ) $ (2,034 ) $ 2,023 (a) Includes $3.0 billion and $528 million of cash collateral related payables that were netted against derivative assets at December 31, 2022 and 2021, respectively. (b) For derivative assets this includes any derivative liability fair values that could be offset in the event of counterparty default; for reverse repurchase agreements this includes any repurchase agreement payables that could be offset in the event of counterparty default; for securities borrowed this includes any securities loaned payables that could be offset in the event of counterparty default. (c) Includes the fair value of securities received by the Company from the counterparty. These securities are not included on the Consolidated Balance Sheet unless the counterparty defaults. (d) Excludes $20 million and $57 million at December 31, 2022 and 2021, respectively, of derivative assets not subject to netting arrangements. (Dollars in Millions) Gross Gross Amounts (a) Net Amounts Gross Amounts Not Offset on Net Amount Financial (b) Collateral (c) December 31, 2022 Derivative liabilities (d) $ 10,506 $ (4,551 ) $ 5,955 $ (231 ) $ – $ 5,724 Repurchase agreements 1,432 – 1,432 (102 ) (1,325 ) 5 Securities loaned 120 – 120 – (118 ) 2 Total $ 12,058 $ (4,551 ) $ 7,507 $ (333 ) $ (1,443 ) $ 5,731 December 31, 2021 Derivative liabilities (d) $ 2,761 $ (1,589 ) $ 1,172 $ (142 ) $ – $ 1,030 Repurchase agreements 1,575 – 1,575 (249 ) (1,326 ) – Securities loaned 169 – 169 – (167 ) 2 Total $ 4,505 $ (1,589 ) $ 2,916 $ (391 ) $ (1,493 ) $ 1,032 (a) Includes $2.1 billion and $508 million of cash collateral related receivables that were netted against derivative liabilities at December 31, 2022 and 2021, respectively. (b) For derivative liabilities this includes any derivative asset fair values that could be offset in the event of counterparty default; for repurchase agreements this includes any reverse repurchase agreement receivables that could be offset in the event of counterparty default; for securities loaned this includes any securities borrowed receivables that could be offset in the event of counterparty default. (c) Includes the fair value of securities pledged by the Company to the counterparty. These securities are included on the Consolidated Balance Sheet unless the Company defaults. (d) Excludes $193 million and $137 million at December 31, 2022 and 2021, respectively, of derivative liabilities not subject to netting arrangements.

Fair Values of Assets and Liabi

Fair Values of Assets and Liabilities	12 Months Ended
Fair Values of Assets and Liabilities	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values of Assets and Liabilities	NOTE 22 Fair Values of Assets and Liabilities The Company uses fair value measurements for the initial recording of certain assets and liabilities, periodic remeasurement of certain assets and liabilities, and disclosures. Derivatives, trading and available-for-sale investment securities, MSRs and substantially all MLHFS are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as loans held for sale, loans held for investment and certain other assets. These nonrecurring fair value adjustments typically involve application of B Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. A fair value measurement reflects all of the assumptions that market participants would use in pricing the asset or liability, including assumptions about the risk inherent in a particular valuation technique, the effect of a restriction on the sale or use of an asset and the risk of nonperformance. The Company groups its assets and liabilities measured at fair value into a three-level hierarchy for valuation techniques used to measure financial assets and financial liabilities at fair value. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are: – Level 1 — Quoted prices in active markets for identical assets or liabilities. Level 1 includes U.S. Treasury securities, as well as exchange-traded instruments. – Level 2 — Observable 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 2 includes debt securities that are traded less frequently than exchange-traded instruments and which are typically valued using third party pricing services; derivative contracts and other assets and liabilities, including securities, whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data; and MLHFS whose values are determined using quoted prices for similar assets or pricing models with inputs that are observable in the market or can be corroborated by observable market data. – Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. This category includes MSRs and certain derivative contracts. Valuation Methodologies The valuation methodologies used by the Company to measure financial assets and liabilities at fair value are described below. In addition, the following section includes an indication of the level of the fair value hierarchy in which the assets or liabilities are classified. Where appropriate, the descriptions include information about the valuation models and key inputs to those models. During the years ended December 31, 2022, 2021 and 2020, there were no significant changes to the valuation techniques used by the Company to measure fair value. Available-For-Sale For other securities, quoted market prices may not be readily available for the specific securities. When possible, the Company determines fair value based on market observable information, including quoted market prices for similar securities, inactive transaction prices, and broker quotes. These securities are classified within Level 2 of the fair value hierarchy. Level 2 valuations are generally provided by a third-party pricing service. Level 2 investment securities are predominantly agency mortgage-backed securities, certain other asset-backed securities, obligations of state and political subdivisions and agency debt securities. Mortgage Loans Held For Sale Mortgage Servicing Rights adjusted spread levels. There is minimal observable market activity for MSRs on comparable portfolios and, therefore, the determination of fair value requires significant management judgment. Refer to Note 10 for further information on MSR valuation assumptions. Derivatives over-the-counter The Company also has other derivative contracts that are created through its operations, including commitments to purchase and originate mortgage loans and swap agreements executed in conjunction with the sale of a portion of its Class B common and preferred shares of Visa Inc. (the “Visa swaps”). The mortgage loan commitments are valued by pricing models that include market observable and unobservable inputs, which result in the commitments being classified within Level 3 of the fair value hierarchy. The unobservable inputs include assumptions about the percentage of commitments that actually become a closed loan and the MSR value that is inherent in the underlying loan value. The Visa swaps require payments by either the Company or the purchaser of the Visa Inc. Class B common and preferred shares when there are changes in the conversion rate of the Visa Inc. Class B common and preferred shares to Visa Inc. Class A common and preferred shares, respectively, as well as quarterly payments to the purchaser based on specified terms of the agreements. Management reviews and updates the Visa swaps fair value in conjunction with its review of Visa Inc. related litigation contingencies, and the associated escrow funding. The expected litigation resolution impacts the Visa Inc. Class B common share to Visa Inc. Class A common share conversion rate, as well as the ultimate termination date for the Visa swaps. Accordingly, the Visa swaps are classified within Level 3. Refer to Note 23 for further information on the Visa Inc. restructuring and related card association litigation. Significant Unobservable Inputs of Level 3 Assets and Liabilities The following section provides information to facilitate an understanding of the uncertainty in the fair value measurements for the Company’s Level 3 assets and liabilities recorded at fair value on the Consolidated Balance Sheet. This section includes a description of the significant inputs used by the Company and a description of any interrelationships between these inputs. The discussion below excludes nonrecurring fair value measurements of collateral value used for impairment measures for loans and OREO. These valuations utilize third party appraisal or broker price opinions, and are classified as Level 3 due to the significant judgment involved. Mortgage Servicing Rights The following table shows the significant valuation assumption ranges for MSRs at December 31, 2022: Minimum Maximum Weighted- (a) Expected prepayment 5 % 17 % 8 % Option adjusted spread 5 11 6 (a) Determined based on the relative fair value of the related mortgage loans serviced. Derivatives The significant unobservable inputs used in the fair value measurement of the Company’s derivative commitments to purchase and originate mortgage loans are the percentage of commitments that actually become a closed loan and the MSR value that is inherent in the underlying loan value. A significant increase in the rate of loans that close would have resulted in a larger derivative asset or liability. A significant increase in the inherent MSR value would have resulted in an increase in the derivative asset or a reduction in the derivative liability. Expected loan close rates and the inherent MSR values are directly impacted by changes in market rates and will generally move in the same direction as interest rates. The following table shows the significant valuation assumption ranges for the Company’s derivative commitments to purchase and originate mortgage loans at December 31, 2022: Minimum Maximum Weighted- (a) Expected loan close rate 3 % 100 % 81 % Inherent MSR value (basis points per loan) 31 187 112 (a) Determined based on the relative fair value of the related mortgage loans. The significant unobservable input used in the fair value measurement of certain of the Company’s asset/liability and customer-related derivatives is the credit valuation adjustment related to the risk of counterparty nonperformance. A significant increase in the credit valuation adjustment would have resulted in a lower fair value measurement. A significant decrease in the credit valuation adjustment would have resulted in a higher fair value measurement. The credit valuation adjustment is impacted by changes in market rates, volatility, market implied credit spreads, and loss recovery rates, as well as the Company’s assessment of the counterparty’s credit position. At December 31, 2022, the minimum, maximum and weighted-average credit valuation adjustment as a percentage of the net fair value of the counterparty’s derivative contracts prior to adjustment was 0 percent, 1,867 percent and 2 percent, respectively. The significant unobservable inputs used in the fair value measurement of the Visa swaps are management’s estimate of the probability of certain litigation scenarios occurring, and the timing of the resolution of the related litigation loss estimates in excess, or shortfall, of the Company’s proportional share of escrow funds. An increase in the loss estimate or a delay in the resolution of the related litigation would have resulted in an increase in the derivative liability. A decrease in the loss estimate or an acceleration of the resolution of the related litigation would have resulted in a decrease in the derivative liability. The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in Millions) Level 1 Level 2 Level 3 Netting Total December 31, 2022 Available-for-sale U.S. Treasury and agencies $ 13,723 $ 8,310 $ – $ – $ 22,033 Mortgage-backed securities Residential agency – 29,271 – – 29,271 Commercial Agency – 7,145 – – 7,145 Non-agency – 7 – – 7 Asset-backed securities – 4,323 – – 4,323 Obligations of state and political subdivisions – 10,124 1 – 10,125 Other – 6 – – 6 Total available-for-sale 13,723 59,186 1 – 72,910 Mortgage loans held for sale – 1,849 – – 1,849 Mortgage servicing rights – – 3,755 – 3,755 Derivative assets 9 6,608 1,255 (5,427 ) 2,445 Other assets 248 1,756 – – 2,004 Total $ 13,980 $ 69,399 $ 5,011 $ (5,427 ) $ 82,963 Derivative liabilities $ 4 $ 6,241 $ 4,454 $ (4,551 ) $ 6,148 Short-term borrowings and other liabilities (a) 125 1,564 – – 1,689 Total $ 129 $ 7,805 $ 4,454 $ (4,551 ) $ 7,837 December 31, 2021 Available-for-sale U.S. Treasury and agencies $ 30,917 $ 5,692 $ – $ – $ 36,609 Mortgage-backed securities Residential agency – 77,079 – – 77,079 Commercial agency – 8,485 – – 8,485 Asset-backed securities – 59 7 – 66 Obligations of state and political subdivisions – 10,716 1 – 10,717 Other – 7 – – 7 Total available-for-sale 30,917 102,038 8 – 132,963 Mortgage loans held for sale – 6,623 – – 6,623 Mortgage servicing rights – – 2,953 – 2,953 Derivative assets 8 2,490 1,389 (1,609 ) 2,278 Other assets 278 1,921 – – 2,199 Total $ 31,203 $ 113,072 $ 4,350 $ (1,609 ) $ 147,016 Derivative liabilities $ – $ 2,308 $ 590 $ (1,589 ) $ 1,309 Short-term borrowings and other liabilities (a) 209 1,837 – – 2,046 Total $ 209 $ 4,145 $ 590 $ (1,589 ) $ 3,355 Note: Excluded from the table above are equity investments without readily determinable fair values. The Company has elected to carry these investments at historical cost, adjusted for impairment and any changes resulting from observable price changes for identical or similar investments of the issuer. The aggregate carrying amount of these equity investments was $104 million and $79 million at December 31, 2022 and 2021, respectively. The Company has not recorded impairments or adjustments for observable price changes on these equity investments during 2022 and 2021, or on a cumulative basis. (a) Primarily represents the Company’s obligation on securities sold short required to be accounted for at fair value per applicable accounting guidance. The following table presents the changes in fair value for all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31: (Dollars in Millions) Beginning of Period Balance Net Gains (Losses) Included in Net Income Net Gains (Losses) Included in Other Comprehensive Income (Loss) Purchases Sales Principal Payments Issuances Settlements Transfers into Level 3 End of Balance Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period 2022 Available-for-sale Asset- backed $ 7 $ – $ (3 ) $ – $ (4 ) $ – $ – $ – $ – $ – $ – Obligations of state and 1 – – – – – – – – 1 – Total available 8 – (3 ) – (4 ) – – – – 1 – Mortgage 2,953 311 (a) – 156 (255 ) – 590 (c) – – 3,755 311 (a) Net derivative assets and liabilities 799 (5,940 ) (b) – 716 (36 ) – 11 1,251 – (3,199 ) (3,538 ) (d) 2021 Available-for-sale Asset- backed $ 7 $ – $ 1 $ – $ – $ (1 ) $ – $ – $ – $ 7 $ 1 Obligations of state and 1 – – – – – – – – 1 – Total available 8 – 1 – – (1 ) – – – 8 1 Mortgage 2,210 (437 ) (a) – 42 2 – 1,136 (c) – – 2,953 (437 ) (a) Net derivative assets and liabilities 2,326 (924 ) (e) – 337 (3 ) – – (937 ) – 799 (968 ) (f) 2020 Available-for-sale Asset- backed $ 8 $ – $ – $ – $ – $ (1 ) $ – $ – $ – $ 7 $ – Obligations of state and 1 – – – – – – – – 1 – Total available 9 – – – – (1 ) – – – 8 – Mortgage 2,546 (1,403 ) (a) – 34 3 – 1,030 (c) – – 2,210 (1,403 ) (a) Net derivative assets and liabilities 810 2,922 (g) – 247 (3 ) – – (1,650 ) – 2,326 1,649 (h) (a) Included in mortgage banking revenue. (b) Approximately $(141) million, $(5.6) billion and $(181) million included in mortgage banking revenue commercial products revenue other noninterest income (c) Represents MSRs capitalized during the period. (d) Approximately $5 million, $(3.4) billion and $(181) million included in mortgage banking revenue commercial products revenue other noninterest income (e) Approximately $666 mortgage banking revenue commercial products revenue other noninterest income (f) Approximately $42 million, $(1.0) billion and $5 million included in mortgage banking revenue commercial products revenue other noninterest income (g) Approximately $1.9 billion, $1.1 billion and $(70) million included in mortgage banking revenue commercial products revenue other noninterest income (h) Approximately $247 million, $1.5 billion and $(70) million included in mortgage banking revenue commercial products revenue other noninterest income The Company is also required periodically to measure certain other financial assets at fair value on a nonrecurring basis. These measurements of fair value usually result from the application of lower-of-cost-or-fair The following table summarizes the balances as of the measurement date of assets measured at fair value on a nonrecurring basis, and still held as of December 31: 2022 2021 (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Loans (a) $ – $ – $ 97 $ 97 $ – $ – $ 59 $ 59 Other assets (b) – – 21 21 – – 77 77 (a) Represents the carrying value of loans for which adjustments were based on the fair value of the collateral, excluding loans fully charged-off. (b) Primarily represents the fair value of foreclosed properties that were measured at fair value based on an appraisal or broker price opinion of the collateral subsequent to their initial acquisition. The following table summarizes losses recognized related to nonrecurring fair value measurements of individual assets or portfolios for the years ended December 31: (Dollars in Millions) 2022 2021 2020 Loans (a) $ 40 $ 60 $ 426 Other assets (b) 20 25 21 (a) Represents write-downs of loans which were based on the fair value of the collateral, excluding loans fully charged-off. (b) Primarily represents related losses of foreclosed properties that were measured at fair value subsequent to their initial acquisition. Fair Value Option The following table summarizes the differences between the aggregate fair value carrying amount of MLHFS for which the fair value option has been elected and the aggregate unpaid principal amount that the Company is contractually obligated to receive at maturity as of December 31 : 2022 2021 (Dollars in Millions) Fair Value Aggregate Carrying Fair Value Aggregate Carrying Total loans $1,849 $1,848 $1 $6,623 $6,453 $170 Nonaccrual loans 1 1 – 1 1 – Loans 90 days or more past due 1 1 – 2 2 – Fair Value of Financial Instruments The following section summarizes the estimated fair value for financial instruments accounted for at amortized cost as of December 31, 2022 and 2021. In accordance with disclosure guidance related to fair values of financial instruments, the Company did not include assets and liabilities that are not financial instruments, such as the value of goodwill, long-term relationships with deposit, credit card, merchant processing and trust customers, other purchased intangibles, premises and equipment, deferred taxes and other liabilities. Additionally, in accordance with the disclosure guidance, receivables and payables due in one year or less, insurance contracts, equity investments not accounted for at fair value, and deposits with no defined or contractual maturities are excluded. The estimated fair values of the Company’s financial instruments as of December 31, are shown in the table below: 2022 2021 Carrying Amount Fair Value Carrying Amount Fair Value (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 53,542 $ 53,542 $ – $ – $ 53,542 $ 28,905 $ 28,905 $ – $ – $ 28,905 Federal funds sold and securities purchased under resale agreements 356 – 356 – 356 359 – 359 – 359 Investment securities held-to-maturity 88,740 1,293 76,581 – 77,874 41,858 – 41,812 – 41,812 Loans held for sale (a) 351 – – 351 351 1,152 – – 1,152 1,152 Loans 318,277 – – 368,874 368,874 306,304 – – 312,724 312,724 Other (b) 2,962 – 2,224 738 2,962 1,521 – 630 891 1,521 Financial Liabilities Time deposits 32,946 – 32,338 – 32,338 22,665 – 22,644 – 22,644 Short-term borrowings (c) 29,527 – 29,145 – 29,145 9,750 – 9,646 – 9,646 Long-term debt 39,829 – 37,622 – 37,622 32,125 – 32,547 – 32,547 Other (d) 5,137 – 1,500 3,637 5,137 3,862 – 1,170 2,692 3,862 (a) Excludes mortgages held for sale for which the fair value option under applicable accounting guidance was elected. (b) Includes investments in Federal Reserve Bank and Federal Home Loan Bank stock and tax-advantaged (c) Excludes the Company’s obligation on securities sold short required to be accounted for at fair value per applicable accounting guidance. (d) Includes operating lease liabilities and liabilities related to tax-advantaged The fair value of unfunded commitments, deferred non-yield non-yield standby letters of credit was $498 million and $495 million at December 31, 2022 and 2021, respectively. The carrying value of other guarantees was $241 million and $245 million at December 31, 2022 and 2021, respectively.

Guarantees and Contingent Liabi

Guarantees and Contingent Liabilities	12 Months Ended
Guarantees and Contingent Liabilities	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Guarantees and Contingent Liabilities	NOTE 23 Guarantees and Contingent Liabilities Visa Restructuring and Card Association Litigation P S Visa U.S.A. Inc. (“Visa U.S.A.”) and MasterCard International (collectively, the “Card Brands”) are defendants in antitrust lawsuits challenging the practices of the Card Brands (the “Visa Litigation”). Visa U.S.A. member banks have a contingent obligation to indemnify Visa Inc. under the Visa U.S.A. bylaws (which were modified at the time of the restructuring in October 2007) for potential losses arising from the Visa Litigation. The indemnification by the Visa U.S.A. member banks has no specific maximum amount. Using proceeds from its IPO and through reductions to the conversion ratio applicable to the Class B shares held by Visa U.S.A. member banks, Visa Inc. has funded an escrow account for the benefit of member financial institutions to fund their indemnification obligations associated with the Visa Litigation. The receivable related to the escrow account is classified in other liabilities as a direct offset to the related Visa Litigation contingent liability. In October 2012, Visa signed a settlement agreement to resolve class action claims associated with the multidistrict interchange litigation pending in the United States District Court for the Eastern District of New York (the “Multi-District Litigation”). The U.S. Court of Appeals for the Second Circuit reversed the approval of that settlement and remanded the matter to the district court. Thereafter, the case was split into two putative class actions, one seeking damages (the “Damages Action”) and a separate class action seeking injunctive relief only (the “Injunctive Action”). In September 2018, Visa signed a new settlement agreement, superseding the original settlement agreement, to resolve the Damages Action. The Damages Action settlement was approved by the United States District Court for the Eastern District of New York, but is now on appeal. The Injunctive Action, which generally seeks changes to Visa rules, is still pending. Commitments to Extend Credit borrower. The Company manages this credit risk by using the same credit policies it applies to loans. Collateral is obtained to secure commitments based on management’s credit assessment of the borrower. The collateral may include marketable securities, receivables, inventory, equipment and real estate. Since the Company expects many of the commitments to expire without being drawn, total commitment amounts do not necessarily represent the Company’s future liquidity requirements. In addition, the commitments include consumer credit lines that are cancelable upon notification to the consumer. The contract or notional amounts of unfunded commitments to extend credit at December 31, 2022, excluding those commitments considered derivatives, were as follows: Term (Dollars in Millions) Less Than Greater Total Commercial and commercial real estate loans $ 43,294 $ 139,630 $ 182,924 Corporate and purchasing card loans (a) 34,491 — 34,491 Residential mortgages 214 1 215 Retail credit card loans (a) 120,730 — 120,730 Other retail loans 15,012 27,641 42,653 Other 6,419 — 6,419 (a) Primarily cancelable at the Company’s discretion. Other Guarantees and Contingent Liabilities The following table is a summary of other guarantees and contingent liabilities of the Company at December 31, 2022: (Dollars in Millions) Collateral Carrying Maximum Standby letters of credit $ — $ 19 $ 10,813 Third party borrowing arrangements — — 7 Securities lending indemnifications 6,876 — 6,685 Asset sales — 102 8,261 Merchant processing 818 118 134,611 Tender option bond program guarantee 1,508 — 1,501 Other — 21 2,032 Letters of Credit The contract or notional amount of letters of credit at December 31, 2022, were as follows: Term (Dollars in Millions) Less Than Greater Total Standby $ 5,110 $ 5,703 $ 10,813 Commercial 460 172 632 Guarantees buy-back Third Party Borrowing Arrangements Commitments from Securities Lending Cash collateralizes these transactions. The maximum potential future payments guaranteed by the Company under these arrangements were approximately $6.7 billion at December 31, 2022, and represent the fair value of the securities lent to third parties. At December 31, 2022, the Company held $6.9 billion of cash as collateral for these arrangements. Asset Sales tax-advantaged buy-back tax-qualifying buy-back tax-advantaged The maximum potential future payments do not include loan sales where the Company provides standard representation and warranties to the buyer against losses related to loan underwriting documentation defects that may have existed at the time of sale that generally are identified after the occurrence of a triggering event such as delinquency. For these types of loan sales, the maximum potential future payments is generally the unpaid principal balance of loans sold measured at the end of the current reporting period. Actual losses will be significantly less than the maximum exposure, as only a fraction of loans sold will have a representation and warranty breach, and any losses on repurchase would generally be mitigated by any collateral held against the loans. The Company regularly sells loans to GSEs as part of its mortgage banking activities. The Company provides customary representations and warranties to GSEs in conjunction with these sales. These representations and warranties generally require the Company to repurchase assets if it is subsequently determined that a loan did not meet specified criteria, such as a documentation deficiency or rescission of mortgage insurance. If the Company is unable to cure or refute a repurchase request, the Company is generally obligated to repurchase the loan or otherwise reimburse the GSE for losses. At December 31, 2022, the Company had reserved $17 million for potential losses from representation and warranty obligations, compared with $18 million at December 31, 2021. The Company’s reserve reflects management’s best estimate of losses for representation and warranty obligations. The Company’s repurchase reserve is modeled at the loan level, taking into consideration the individual credit quality and borrower activity that has transpired since origination. The model applies credit quality and economic risk factors to derive a probability of default and potential repurchase that are based on the Company’s historical loss experience, and estimates loss severity based on expected collateral value. The Company also considers qualitative factors that may result in anticipated losses differing from historical loss trends. As of December 31, 2022 and 2021, the Company had $39 million and $19 million, respectively, of unresolved representation and warranty claims from GSEs. The Company does not have a significant amount of unresolved claims from investors other than GSEs. Merchant Processing A cardholder, through its issuing bank, generally has until the later of up to four months after the date the transaction is processed or the receipt of the product or service to present a charge-back to the Company as the merchant processor. The absolute maximum potential liability is estimated to be the total volume of credit card transactions that meet the associations’ requirements to be valid charge-back transactions at any given time. Management estimates that the maximum potential exposure for charge-backs would approximate the total amount of merchant transactions processed through the credit card associations for the last four months. For the last four months of 2022 this amount totaled approximately $134.6 billion. In most cases, this contingent liability is unlikely to arise, as most products and services are delivered when purchased and amounts are refunded when items are returned to merchants. However, where the product or service has been purchased but is not provided until a future date (“future delivery”), the potential for this contingent liability increases. To mitigate this risk, the Company may require the merchant to make an escrow deposit, place maximum volume limitations on future delivery transactions processed by the merchant at any point in time, or require various credit enhancements (including letters of credit and bank guarantees). Also, merchant processing contracts may include event triggers to provide the Company more financial and operational control in the event of financial deterioration of the merchant. The Company currently processes card transactions in the United States, Canada and Europe through wholly-owned subsidiaries. In the event a merchant was unable to fulfill product or services subject to future delivery, such as airline tickets, the Company could become financially liable for refunding the purchase price of such products or services purchased through the credit card associations under the charge-back provisions. Charge-back risk related to these merchants is evaluated in a manner similar to credit risk assessments and, as such, merchant processing contracts contain various provisions to protect the Company in the event of default. At December 31, 2022, the value of airline tickets purchased to be delivered at a future date through card transactions processed by the Company was $9.9 billion. The Company held collateral of $572 million in escrow deposits, letters of credit and indemnities from financial institutions, and liens on various assets. In addition to specific collateral or other credit enhancements, the Company maintains a liability for its implied guarantees associated with future delivery. At December 31, 2022, the liability was $100 million primarily related to these airline processing arrangements. In the normal course of business, the Company has unresolved charge-backs. The Company assesses the likelihood of its potential liability based on the extent and nature of unresolved charge-backs and its historical loss experience. At December 31, 2022, the Company held $196 million of merchant escrow deposits as collateral and had a recorded liability for potential losses of $18 million. Tender Option Bond Program Guarantee available-for-sale Other Guarantees and Commitments The Company has also made other financial performance guarantees and commitments primarily related to the operations of its subsidiaries. At December 31, 2022, the maximum potential future payments guaranteed or committed by the Company under these arrangements were approximately $1.4 billion. Litigation and Regulatory Matters The Company is subject to various litigation and regulatory matters that arise in the ordinary course of its business. The Company establishes reserves for such matters when potential losses become probable and can be reasonably estimated. The Company believes the ultimate resolution of existing legal and regulatory matters will not have a material adverse effect on the financial condition, results of operations or cash flows of the Company. However, in light of the uncertainties inherent in these matters, it is possible that the ultimate resolution of one or more of these matters may have a material adverse effect on the Company’s results from operations for a particular period, and future changes in circumstances or additional information could result in additional accruals or resolution in excess of established accruals, which could adversely affect the Company’s results from operations, potentially materially. Residential Mortgage-Backed Securities Litigation Regulatory Matters inquiries and investigations, any of which could lead to administrative or legal proceedings or settlements. Remedies in these proceedings or settlements may include fines, penalties, restitution or alterations in the Company’s business practices (which may increase the Company’s operating expenses and decrease its revenue). MUFG Union Bank Consent Order The OCC’s conditional approval to merge MUB with and into USBNA (the “Bank Merger”) requires USBNA to succeed to the terms and obligations of the MUB Consent Order and comply with the other conditions described therein. The Bank Merger is expected to occur in connection with the conversion of MUB customers and systems to the USBNA platform over Memorial Day weekend in 2023. The Company’s losses, costs, expenses and damages relating to or resulting from the MUB Consent Order are indemnifiable by the seller, subject to the terms of the Share Purchase Agreement for the MUB acquisition. Outlook

Business Segments

Business Segments	12 Months Ended
Business Segments	Dec. 31, 2022
Text Block [Abstract]
Business Segments	NOTE 24 Business Segments Within the Company, financial performance is measured by major lines of business based on the products and services provided to customers through its distribution channels. These operating segments are components of the Company about which financial information is prepared and is evaluated regularly by management in deciding how to allocate resources and assess performance. The Company has five reportable operating segments: Corporate and Commercial Banking ticket leasing, depository services, treasury management, capital markets services, international trade services and other financial services to middle market, large corporate, commercial real estate, financial institution, non-profit Consumer and Business Banking on-line Wealth Management and Investment Services Payment Services Treasury and Corporate Support tax-advantaged Basis of Presentation allocate a cost of funds used or credit for funds provided to all business assets and liabilities, respectively, using a matched funding concept. Also, each business unit is allocated the taxable-equivalent benefit of tax-exempt charge-off. Designations, assignments and allocations change from time to time as management systems are enhanced, methods of evaluating performance or product lines change or business segments are realigned to better respond to the Company’s diverse customer base. During 2022, certain organization and methodology changes were made and, accordingly, 2021 results were restated and presented on a comparable basis. MUB related business activities were integrated into the applicable line of business results effective with the close of the acquisition by the Company. Business segment results for the years ended December 31 were as follows: Corporate and Commercial Banking Consumer and Business Banking Wealth Management and Investment Services (Dollars in Millions) 2022 2021 2022 2021 2022 2021 Condensed Income Statement Net interest income (taxable-equivalent basis) $ 3,468 $ 2,853 $ 6,904 $ 6,085 $ 1,624 $ 1,002 Noninterest income 1,008 1,039 1,556 2,496 2,553 2,222 Total net revenue 4,476 3,892 8,460 8,581 4,177 3,224 Nointerest expense 1,872 1,741 5,824 5,575 2,417 2,094 Income (loss) before provision and income taxes 2,604 2,151 2,636 3,006 1,760 1,130 Provision for credit losses 149 65 228 (136 ) 9 7 Income (loss) before income taxes 2,455 2,086 2,408 3,142 1,751 1,123 Income taxes and taxable-equivalent adjustment 614 522 602 785 438 281 Net income (loss) 1,841 1,564 1,806 2,357 1,313 842 Net (income) loss attributable to noncontrolling interests – – – – – – Net income (loss) attributable to U.S. Bancorp $ 1,841 $ 1,564 $ 1,806 $ 2,357 $ 1,313 $ 842 Average Balance Sheet Loans $ 127,916 $ 103,404 $ 145,079 $ 140,890 $ 22,410 $ 18,095 Other earning assets 4,532 4,537 3,117 8,093 273 242 Goodwill 1,915 1,715 3,249 3,429 1,720 1,628 Other intangible assets 57 5 3,785 2,761 308 84 Assets 143,370 115,423 160,713 161,385 26,036 21,303 Noninterest-bearing deposits 57,451 61,991 32,256 33,063 24,721 24,663 Interest-bearing deposits 97,169 71,711 167,938 157,592 73,461 76,000 Total deposits 154,620 133,702 200,194 190,655 98,182 100,663 Total U.S. Bancorp shareholders’ equity 14,403 13,906 12,550 12,319 3,675 3,154 Payment Services Treasury and Consolidated Company (Dollars in Millions) 2022 2021 2022 2021 2022 2021 Condensed Income Statement Net interest income (taxable-equivalent basis) $ 2,498 $ 2,457 $ 352 $ 203 $ 14,846 $ 12,600 Noninterest income 3,799 (a) 3,550 (a) 540 920 9,456 (b) 10,227 (b) Total net revenue 6,297 6,007 892 1,123 24,302 22,827 Noninterest expense 3,551 3,386 1,242 932 14,906 13,728 Income (loss) before provision and income taxes 2,746 2,621 (350 ) 191 9,396 9,099 Provision for credit losses 980 349 611 (1,458 ) 1,977 (1,173 ) Income (loss) before income taxes 1,766 2,272 (961 ) 1,649 7,419 10,272 Income taxes and taxable-equivalent adjustment 442 568 (515 ) 131 1,581 2,287 Net income (loss) 1,324 1,704 (446 ) 1,518 5,838 7,985 Net (income) loss attributable to noncontrolling interests – – (13 ) (22 ) (13 ) (22 ) Net income (loss) attributable to U.S. Bancorp $ 1,324 $ 1,704 $ (459 ) $ 1,496 $ 5,825 $ 7,963 Average Balance Sheet Loans $ 34,627 $ 30,856 $ 3,541 $ 3,720 $ 333,573 $ 296,965 Other earning assets 634 93 203,214 196,211 211,770 209,176 Goodwill 3,305 3,184 – – 10,189 9,956 Other intangible assets 423 507 4 – 4,577 3,357 Assets 41,109 36,549 220,921 221,872 592,149 556,532 Noninterest-bearing deposits 3,410 4,861 2,556 2,626 120,394 127,204 Interest-bearing deposits 162 145 3,260 1,629 341,990 307,077 Total deposits 3,572 5,006 5,816 4,255 462,384 434,281 Total U.S. Bancorp shareholders’ equity 8,235 7,642 11,553 16,789 50,416 53,810 (a) Presented net of related rewards and rebate costs and certain partner payments of $2.9 billion and $2.5 billion for 2022 and 2021, respectively. (b) Includes revenue generated from certain contracts with customers of $8.0 billion and $ billion for 2022 and 2021, respectively.

U.S. Bancorp (Parent Company)

U.S. Bancorp (Parent Company)	12 Months Ended
U.S. Bancorp (Parent Company)	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
U.S. Bancorp (Parent Company)	NOTE 25 U.S. Bancorp (Parent Company) Condensed Balance Sheet At December 31 (Dollars in Millions) 2022 2021 Assets Due from banks, principally interest-bearing $ 5,288 $ 8,369 Available-for-sale 672 1,209 Investments in bank subsidiaries 59,202 51,432 Investments in nonbank subsidiaries 3,575 3,632 Advances to bank subsidiaries 9,100 9,600 Advances to nonbank subsidiaries 150 707 Other assets 1,101 898 Total assets $ 79,088 $ 75,847 Liabilities and Shareholders’ Equity Long-term debt $ 26,983 $ 18,902 Other liabilities 1,339 2,027 Shareholders’ equity 50,766 54,918 Total liabilities and shareholders’ equity $ 79,088 $ 75,847 Condensed Income Statement Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Income Dividends from bank subsidiaries $ 4,750 $ 7,000 $ 1,500 Dividends from nonbank subsidiaries 105 2 24 Interest from subsidiaries 119 112 172 Other income 31 46 85 Total income 5,005 7,160 1,781 Expense Interest expense 505 348 433 Other expense 162 154 140 Total expense 667 502 573 Income before income taxes and equity in undistributed income of subsidiaries 4,338 6,658 1,208 Applicable income taxes (138 ) (53 ) (78 ) Income of parent company 4,476 6,711 1,286 Equity in undistributed income of subsidiaries 1,349 1,252 3,673 Net income attributable to U.S. Bancorp $ 5,825 $ 7,963 $ 4,959 Condensed Statement of Cash Flows Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Operating Activities Net income a t $ 5,825 $ 7,963 $ 4,959 Adjustments to reconcile net income to net cash provided by operating activities Equity in undistributed income of subsidiaries (1,349 ) (1,252 ) (3,673 ) Other, net (398 ) (85 ) 907 Net cash provided by operating activities 4,078 6,626 2,193 Investing Activities Proceeds from sales and maturities of investment securities 423 200 258 Investments in subsidiaries (5,030 ) – – Net decrease in short-term advances to subsidiaries 557 411 347 Long-term advances to subsidiaries (2,000 ) (7,000 ) – Principal collected on long-term advances to subsidiaries 2,500 1,250 – Cash paid for acquisition (5,500 ) – – Other, net (173 ) (269 ) 379 Net cash provided by (used in) investing activities (9,223 ) (5,408 ) 984 Financing Activities Net decrease in short-term borrowings – – (8 ) Proceeds from issuance of long-term debt 8,150 1,300 2,750 Principal payments or redemption of long-term debt (2,300 ) (3,000 ) (1,200 ) Proceeds from issuance of preferred stock 437 2,221 486 Proceeds from issuance of common stock 21 43 15 Repurchase of preferred stock (1,100 ) (1,250 ) – Repurchase of common stock (69 ) (1,555 ) (1,672 ) Cash dividends paid on preferred stock (299 ) (308 ) (300 ) Cash dividends paid on common stock (2,776 ) (2,579 ) (2,552 ) Net cash provided by (used in) financing activities 2,064 (5,128 ) (2,481 ) Change in cash and due from banks (3,081 ) (3,910 ) 696 Cash and due from banks at beginning of year 8,369 12,279 11,583 Cash and due from banks at end of year $ 5,288 $ 8,369 $ 12,279 Transfer of funds (dividends, loans or advances) from bank subsidiaries to the Company is restricted. Federal law requires loans to the Company or its affiliates to be secured and generally limits loans to the Company or an individual affiliate to 10 percent of each bank’s unimpaired capital and surplus. In the aggregate, loans to the Company and all affiliates cannot exceed 20 percent of each bank’s unimpaired capital and surplus. Dividend payments to the Company by its subsidiary banks are subject to regulatory review and statutory limitations and, in some instances, regulatory approval. In general, dividends by the Company’s bank subsidiaries to the parent company are limited by rules which compare dividends to net income for regulatorily-defined periods. Furthermore, dividends are restricted by minimum capital constraints for all national banks.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	NOTE 26 Subsequent Events The Company has evaluated the impact of events that have occurred subsequent to December 31, 2022 through the date the consolidated financial statements were filed with the United States Securities and Exchange Commission. Based on this evaluation, the Company has determined none of these events were required to be recognized or disclosed in the consolidated financial statements and related notes.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation On December 1, 2022, the Company acquired MUB’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. The Company’s results for the year ended December 31, 2022 reflect MUB’s business operations for the month of December 2022 and the Company’s Consolidated Balance Sheet at December 31, 2022 includes MUB’s balances. Refer to Note 3 for additional information on this acquisition.
Uses of Estimates	Uses of Estimates
Securities	Securities Realized gains or losses on securities are determined on a trade date basis based on the specific amortized cost of the investments sold. Trading Securities Available-for-sale losses reported within other comprehensive income (loss). Declines in fair value related to credit, if any, are recorded through the establishment of an allowance for credit losses. Held-to-maturity Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase
Equity Investments	Equity Investments Equity investments in entities where the Company has a significant influence (generally between 20 percent and 50 percent ownership), but does not control the entity, are accounted for using the equity method. Investments in limited partnerships and similarly structured limited liability companies where the Company’s ownership interest is greater than 5 percent are accounted for using the equity method. Equity investments not using the equity method are accounted for at fair value with changes in fair value and realized gains or losses reported in noninterest income, unless fair value is not readily determinable, in which case the investment is carried at cost subject to adjustments for any observable market transactions on the same or similar instruments of the investee. Most of the Company’s equity investments do not have readily determinable fair values. All equity investments are evaluated for impairment at least annually and more frequently if certain criteria are met.
Loans	Loans The Company offers a broad array of lending products and categorizes its loan portfolio into two segments, which is the level at which it develops and documents a systematic methodology to determine the allowance for credit losses. The Company’s two loan portfolio segments are commercial lending and consumer lending. The Company further disaggregates its loan portfolio segments into various classes based on their underlying risk characteristics. The two classes within the commercial lending segment are commercial loans and commercial real estate loans. The three classes within the consumer lending segment are residential mortgages, credit card loans and other retail loans. Originated Loans Held for Investment Purchased Loans 2020 are divided into those considered purchased with more than insignificant credit deterioration (“PCD”) and those not considered PCD. An allowance for credit losses is established for each population and considers product mix, risk characteristics of the portfolio, delinquency status and refreshed loan-to-value . Commitments to Extend Credit Allowance for Credit Losses Multiple economic scenarios are considered over a three-year reasonable and supportable forecast period, which includes increasing consideration of historical loss experience over years two and three. These economic scenarios are constructed with interrelated projections of multiple economic variables, and loss estimates are produced that consider the historical correlation of those economic variables with credit losses. After the forecast period, the Company fully reverts to long-term historical loss experience, adjusted for prepayments and characteristics of the current loan and lease portfolio, to estimate losses over the remaining life of the portfolio. The economic scenarios are updated at least quarterly and are designed to provide a range of reasonable estimates, from better to worse than current expectations. Scenarios are weighted based on the Company’s expectation of economic conditions for the foreseeable future and reflect significant judgment and consideration of economic forecast uncertainty. Final loss estimates also consider factors affecting credit losses not reflected in the scenarios, due to the unique aspects of current conditions and expectations. These factors may include, but are not limited to, loan servicing practices, regulatory guidance, and/or fiscal and monetary policy actions. The allowance recorded for credit losses utilizes forward-looking expected loss models to consider a variety of factors affecting lifetime credit losses. These factors include, but are not limited to, macroeconomic variables such as unemployment rates, real estate prices, gross domestic product levels, inflation, interest rates and corporate bonds spreads, as well as loan and borrower characteristics, such as internal risk ratings on commercial loans and consumer credit scores, delinquency status, collateral type and available valuation information, consideration of end-of-term charged-off The allowance recorded for Troubled Debt Restructuring (“TDR”) loans in the consumer lending segment is determined on a homogenous pool basis utilizing expected cash flows discounted using the original effective interest rate of the pool. The expected cash flows on TDR loans consider subsequent payment defaults since modification, the borrower’s ability to pay under the restructured terms, and the timing and amount of payments. The allowance for collateral-dependent loans in the consumer lending segment is determined based on the fair value of the collateral less costs to sell. For commercial TDRs individually evaluated for impairment, attributes of the borrower are the primary factors in determining the allowance for credit losses. For smaller commercial loans collectively evaluated for impairment, historical loss experience is also incorporated into the allowance methodology applied to this category of loans. The Company’s methodology for determining the appropriate allowance for credit losses also considers the imprecision inherent in the methodologies used and allocated to the various loan portfolios. As a result, amounts determined under the methodologies described above, are adjusted by management to consider the potential impact of other qualitative factors not captured in the quantitative model adjustments which include, but are not limited to the following: model imprecision, imprecision in economic scenario assumptions, and emerging risks related to either changes in the environment that are affecting specific portfolios, or changes in portfolio concentrations over time that may affect model performance. The consideration of these items results in adjustments to allowance amounts included in the Company’s allowance for credit losses for each loan portfolio. The Company also assesses the credit risk associated with off-balance off-balance The results of the analysis are evaluated quarterly to confirm the estimates are appropriate for each specific loan portfolio, as well as the entire loan portfolio, as the entire allowance for credit losses is available for the entire loan portfolio. Prior to January 1, 2020, the allowance for credit losses was established based on an incurred loss model. The allowance recorded for loans in the commercial lending segment was based on the migration analysis of commercial loans and actual loss experience. The allowance recorded for loans in the consumer lending segment was determined on a homogenous pool basis and primarily included consideration of delinquency status and historical losses. In addition to the amounts determined under the methodologies described above, management also considered the potential impact of qualitative factors. Credit Quality For all loan portfolio classes, loans are considered past due based on the number of days delinquent except for monthly amortizing loans which are classified delinquent based upon the number of contractually required payments not made (for example, two missed payments is considered 30 days delinquent). When a loan is placed on nonaccrual status, unpaid accrued interest is reversed, reducing interest income in the current period. Commercial lending segment loans are generally placed on nonaccrual status when the collection of principal and interest has become 90 days past due or is otherwise considered doubtful. Commercial lending segment loans are generally fully charged down if unsecured by collateral or partially charged down to the fair value of the collateral securing the loan, less costs to sell, when the loan is placed on nonaccrual. Consumer lending segment loans are generally charged-off at a specific number of days or payments past due. Residential mortgages and other retail loans secured by 1-4 family properties are generally charged down to the fair value of the collateral securing the loan, less costs to sell, at 180 days past due. Residential mortgage loans and lines in a first lien position are placed on nonaccrual status in instances where a partial charge-off occurs unless the loan is well secured and in the process of collection. Residential mortgage loans and lines in a junior lien position secured by 1-4 family properties are placed on nonaccrual status at 120 days past due or when they are behind a first lien that has become 180 days or greater past due or placed on nonaccrual status. Any secured consumer lending segment loan whose borrower has had debt discharged through bankruptcy, for which the loan amount exceeds the fair value of the collateral, is charged down to the fair value of the related collateral and the remaining balance is placed on nonaccrual status. Credit card loans continue to accrue interest until the account is charged-off. Credit cards are charged-off at 180 days past due. Other retail loans not secured by 1-4 family properties are charged-off at 120 days past due; and revolving consumer lines are charged-off at 180 days past due. Similar to credit cards, other retail loans are generally not placed on nonaccrual status because of the relative short period of time to charge-off. Certain retail customers having financial difficulties may have the terms of their credit card and other loan agreements modified to require only principal payments and, as such, are reported as nonaccrual. For all loan classes, interest payments received on nonaccrual loans are generally recorded as a reduction to a loan’s carrying amount while a loan is on nonaccrual and are recognized as interest income upon payoff of the loan. However, interest income may be recognized for interest payments if the remaining carrying amount of the loan is believed to be collectible. In certain circumstances, loans in any class may be restored to accrual status, such as when a loan has demonstrated sustained repayment performance or no amounts are past due and prospects for future payment are no longer in doubt; or when the loan becomes well secured and is in the process of collection. Loans where there has been a partial charge-off charged-off) The Company classifies its loan portfolio classes using internal credit quality ratings on a quarterly basis. These ratings include pass, special mention and classified, and are an important part of the Company’s overall credit risk management process and evaluation of the allowance for credit losses. Loans with a pass rating represent those loans not classified on the Company’s rating scale for problem credits, as minimal credit risk has been identified. Special mention loans are those loans that have a potential weakness deserving management’s close attention. Classified loans are those loans where a well-defined weakness has been identified that may put full collection of contractual cash flows at risk. It is possible that others, given the same information, may reach different reasonable conclusions regarding the credit quality rating classification of specific loans. Troubled Debt Restructurings The Company has implemented certain restructuring programs that may result in TDRs. However, many of the Company’s TDRs are also determined on a case-by-case For the commercial lending segment, modifications generally result in the Company working with borrowers on a case-by-case Modifications for the consumer lending segment are generally part of programs the Company has initiated. The Company modifies residential mortgage loans under Federal Housing Administration, United States Department of Veterans Affairs, or its own internal programs. Under these programs, the Company offers qualifying homeowners the opportunity to permanently modify their loan and achieve more affordable monthly payments by providing loan concessions. These concessions may include adjustments to interest rates, conversion of adjustable rates to fixed rates, extension of maturity dates or deferrals of payments, capitalization of accrued interest and/or outstanding advances, or in limited situations, partial forgiveness of loan principal. In most instances, participation in residential mortgage loan restructuring programs requires the customer to complete a short-term trial period. A permanent loan modification is contingent on the customer successfully completing the trial period arrangement, and the loan documents are not modified until that time. The Company reports loans in a trial period arrangement as TDRs and continues to report them as TDRs after the trial period. Credit card and other retail loan TDRs are generally part of distinct restructuring programs providing customers experiencing financial difficulty with modifications whereby balances may be amortized up to 60 months, and generally include waiver of fees and reduced interest rates. In addition, the Company considers secured loans to consumer borrowers that have debt discharged through bankruptcy where the borrower has not reaffirmed the debt to be TDRs. Leases end-of-term Residual values on leased assets are reviewed regularly for impairment. Residual valuations for retail leases are based on independent assessments of expected used automobile sale prices at the end of the lease term. Impairment tests are conducted based on these valuations considering the probability of the lessee returning the asset to the Company, re-marketing end-of-term off-lease The Company, as lessee, leases certain assets for use in its operations. Leased assets primarily include retail branches, operations centers and other corporate locations, and, to a lesser extent, office and computer equipment. For each lease with an original term greater than 12 months, the Company records a lease liability and a corresponding right of use (“ROU”) asset. The Company accounts for the lease and non-lease Certain of the Company’s real estate leases include options to extend. Lease extension options are generally exercisable at market rates. Such option periods do not provide a significant incentive, and their exercise is not reasonably certain. Accordingly, the Company does not generally recognize payments occurring during option periods in the calculation of its ROU assets and lease liabilities. Other Real Estate
Loans Held For Sale	Loans Held For Sale Loans held for sale (“LHFS”) represent mortgage loans intended to be sold in the secondary market and other loans that management has an active plan to sell. LHFS are carried at the lower-of-cost-or-fair Where an election is made to carry the LHFS at fair value, any change in fair value is recognized in noninterest income. Where an election is made to carry LHFS at lower-of-cost-or-fair
Derivative Financial Instruments	Derivative Financial Instruments In the ordinary course of business, the Company enters into derivative transactions to manage various risks and to accommodate the business requirements of its customers. Derivative instruments are reported in other assets or other liabilities at fair value. Changes in a derivative’s fair value are recognized currently in earnings unless specific hedge accounting criteria are met. All derivative instruments that qualify and are designated for hedge accounting are recorded at fair value and classified as either a hedge of the fair value of a recognized asset or liability (“fair value hedge”); a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow hedge”); or a hedge of the volatility of a net investment in foreign operations driven by changes in foreign currency exchange rates (“net investment hedge”). Changes in the fair value of a derivative that is highly effective and designated as a fair value hedge, and the offsetting changes in the fair value of the hedged item, are recorded in earnings. Changes in the fair value of a derivative that is highly effective and designated as a cash flow hedge are recorded in other comprehensive income (loss) until cash flows of the hedged item are realized. Changes in the fair value of net investment hedges that are highly effective are recorded in other comprehensive income (loss). The Company performs an assessment, at inception and, at a minimum, quarterly thereafter, to determine the effectiveness of the derivative in offsetting changes in the value or cash flows of the hedged item(s). If a derivative designated as a cash flow hedge is terminated or ceases to be highly effective, the gain or loss in other comprehensive income (loss) is amortized to earnings over the period the forecasted hedged transactions impact earnings. If a hedged forecasted transaction is no longer probable, hedge accounting is ceased and any gain or loss included in other comprehensive income (loss) is reported in earnings immediately, unless the forecasted transaction is at least reasonably possible of occurring, whereby the amounts remain within other comprehensive income (loss).
Revenue Recognition	Revenue Recognition In the ordinary course of business, the Company recognizes income derived from various revenue generating activities. Certain revenues are generated from contracts where they are recognized when, or as services or products are transferred to customers for amounts the Company expects to be entitled. Revenue generating activities related to financial assets and liabilities are also recognized, including mortgage servicing fees, loan commitment fees, foreign currency remeasurements, and gains and losses on securities, equity investments and unconsolidated subsidiaries. Certain specific policies include the following: Card Revenue Card revenue includes interchange from credit and debit cards processed through card association networks, annual fees, and other transaction and account management fees. Interchange rates are generally set by the card associations and based on purchase volumes and other factors. The Company records interchange as services are provided. Transaction and account management fees are recognized as services are provided, except for annual fees which are recognized over the applicable period. Costs for rewards programs and certain payments to partners and card associations are also recorded within card revenue when services are provided. The Company predominately records card revenue within the Payment Services line of business. Corporate Payment Products Revenue Corporate payment products revenue primarily includes interchange from commercial card products processed through card association networks and revenue from proprietary network transactions. The Company records corporate payment products revenue as services are provided. Certain payments to card associations and customers are also recorded within corporate payment products revenue as services are provided. Corporate payment products revenue is recorded within the Payment Services line of business. Merchant Processing Services Merchant processing services revenue consists principally of merchant discount and other transaction and account management fees charged to merchants for the electronic processing of card association network transactions, less interchange paid to the card-issuing bank, card association assessments, and revenue sharing amounts. All of these are recognized at the time the merchant’s services are performed. The Company may enter into revenue sharing agreements with referral partners or in connection with purchases of merchant contracts from sellers. The revenue sharing amounts are determined primarily on sales volume processed or revenue generated for a particular group of merchants. Merchant processing revenue also includes revenues related to point-of-sale Trust and Investment Management Fees Service Charges Commercial Products Revenue non-yield Mortgage Banking Revenue Investment Products Fees Other Noninterest Income
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets unit below its carrying amount. Determining the amount of goodwill impairment, if any, includes assessing whether the carrying value of a reporting unit exceeds its fair value. Other intangible assets are recorded at their fair value upon completion of a business acquisition or certain other transactions, and generally represent the value of customer contracts or relationships. Other intangible assets are amortized over their estimated useful lives, using straight-line and accelerated methods and are reviewed for impairment when indicators of impairment are present. Determining the amount of other intangible asset impairment, if any, includes assessing the present value of the estimated future cash flows associated with the intangible asset and comparing it to the carrying amount of the asset.
Income Taxes	Income Taxes
Mortgage Servicing Rights	Mortgage Servicing Rights
Pensions	Pensions year-end accounting reflects the long-term nature of benefit obligations and the investment horizon of plan assets, and can have the effect of reducing earnings volatility related to short-term changes in interest rates and market valuations. Actuarial gains and losses include the impact of plan amendments and various unrecognized gains and losses which are deferred, and to the extent exceed 10 percent of the greater of the projected benefit obligation or the market-related value of plan assets, are amortized over the future service periods of active employees or the remaining life expectancies of inactive participants. The market-related value utilized to determine the expected return on plan assets is based on fair value adjusted for the difference between expected returns and actual performance of plan assets. The unrealized difference between actual experience and expected returns is included in expense over a period of approximately 15 years for active employees and approximately 30 years for inactive participants. The overfunded or underfunded status of each plan is recorded as an asset or liability on the Consolidated Balance Sheet, with changes in that status recognized through other comprehensive income (loss).
Premises and Equipment	Premises and Equipment The Company, as lessee, records an ROU asset for each lease with an original term greater than 12 months. ROU assets are included in premises and equipment, with the corresponding lease liabilities included in long-term debt and other liabilities.
Capitalized Software	Capitalized Software internal-use
Stock-Based Compensation	Stock-Based Compensation
Per Share Calculations	Per Share Calculations two-class two-class
Accounting Changes	Reference Interest Rate Transition
Accounting for Transfers and Servicing of Financial Assets	In accordance with the accounting guidance for asset transfers, the Company considers any ongoing involvement with transferred assets in determining whether the assets can be derecognized from the balance sheet.For loans sold under participation agreements, the Company also considers whether the terms of the loan participation agreement meet the accounting definition of a participating interest. With the exception of servicing and certain performance-based guarantees, the Company’s continuing involvement with financial assets sold is minimal and generally limited to market customary representation and warranty clauses. Any gain or loss on sale depends on the previous carrying amount of the transferred financial assets, the consideration received, and any liabilities incurred in exchange for the transferred assets. Upon transfer, any servicing assets and other interests that continue to be held by the Company are initially recognized at fair value.
Variable Interest Entities	The Company is not required to consolidate VIEs in which it has concluded it does not have a controlling financial interest, and thus is not the primary beneficiary. In such cases, the Company does not have both the power to direct the entities’ most significant activities and the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIEs. The Company’s investments in these unconsolidated VIEs are carried in other assets on the Consolidated Balance Sheet. The Company’s unfunded capital and other commitments related to these unconsolidated VIEs are generally carried in other liabilities on the Consolidated Balance Sheet. The Company’s maximum exposure to loss from these unconsolidated VIEs include the investment recorded on the Company’s Consolidated Balance Sheet, net of unfunded capital commitments, and previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes potential losses from these investments are remote, the maximum exposure was determined by assuming a scenario where the community-based business and housing projects completely fail and do not meet certain government compliance requirements resulting in recapture of the related tax credits.
Netting Arrangements for Certain Financial Instruments	The Company’s derivative portfolio consists of bilateral over-the-counter As part of the Company’s treasury and broker-dealer operations, the Company executes transactions that are treated as securities sold under agreements to repurchase or securities purchased under agreements to resell, both of which are accounted for as collateralized financings. Securities sold under agreements to repurchase include repurchase agreements and securities loaned transactions. Securities purchased under agreements to resell include reverse repurchase agreements and securities borrowed transactions. For securities sold under agreements to repurchase, the Company records a liability for the cash received, which is included in short-term borrowings on the Consolidated Balance Sheet. For securities purchased under agreements to resell, the Company records a receivable for the cash paid, which is included in other assets on the Consolidated Balance Sheet. Securities transferred to counterparties under repurchase agreements and securities loaned transactions continue to be recognized on the Consolidated Balance Sheet, are measured at fair value, and are included in investment securities or other assets. Securities received from counterparties under reverse repurchase agreements and securities borrowed transactions are not recognized on the Consolidated Balance Sheet unless the counterparty defaults. The securities transferred under repurchase and reverse repurchase transactions typically are U.S. Treasury and agency securities, residential agency mortgage-backed securities or corporate debt securities. The securities loaned or borrowed typically are corporate debt securities traded by the Company’s broker-dealer subsidiary. In general, the securities transferred can be sold, repledged or otherwise used by the party in possession. No restrictions exist on the use of cash collateral by either party. Repurchase/reverse repurchase and securities loaned/borrowed transactions expose the Company to counterparty risk. The Company manages this risk by performing assessments, independent of business line managers, and establishing concentration limits on each counterparty. Additionally, these transactions include collateral arrangements that require the fair values of the underlying securities to be determined daily, resulting in cash being obtained or refunded to counterparties to maintain specified collateral levels. The Company executes its derivative, repurchase/reverse repurchase and securities loaned/borrowed transactions under the respective industry standard agreements. These agreements include master netting arrangements that allow for multiple contracts executed with the same counterparty to be viewed as a single arrangement. This allows for net settlement of a single amount on a daily basis. In the event of default, the master netting arrangement provides for close-out The Company has elected to offset the assets and liabilities under netting arrangements for the balance sheet presentation of the majority of its derivative counterparties. The netting occurs at the counterparty level, and includes all assets and liabilities related to the derivative contracts, including those associated with cash collateral received or delivered. The Company has not elected to offset the assets and liabilities under netting arrangements for the balance sheet presentation of repurchase/reverse repurchase and securities loaned/borrowed transactions.
Fair Values of Assets and Liabilities	The Company uses fair value measurements for the initial recording of certain assets and liabilities, periodic remeasurement of certain assets and liabilities, and disclosures. Derivatives, trading and available-for-sale investment securities, MSRs and substantially all MLHFS are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as loans held for sale, loans held for investment and certain other assets. These nonrecurring fair value adjustments typically involve application of B Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. A fair value measurement reflects all of the assumptions that market participants would use in pricing the asset or liability, including assumptions about the risk inherent in a particular valuation technique, the effect of a restriction on the sale or use of an asset and the risk of nonperformance. The Company groups its assets and liabilities measured at fair value into a three-level hierarchy for valuation techniques used to measure financial assets and financial liabilities at fair value. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are: – Level 1 — Quoted prices in active markets for identical assets or liabilities. Level 1 includes U.S. Treasury securities, as well as exchange-traded instruments. – Level 2 — Observable 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 2 includes debt securities that are traded less frequently than exchange-traded instruments and which are typically valued using third party pricing services; derivative contracts and other assets and liabilities, including securities, whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data; and MLHFS whose values are determined using quoted prices for similar assets or pricing models with inputs that are observable in the market or can be corroborated by observable market data. – Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. This category includes MSRs and certain derivative contracts.

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
Business Combinations (Tables)	Dec. 31, 2022
Business Combinations [Abstract]
Summary of Preliminary Fair Value of The Identifiable Tangible and Intangible Assets and Liabilities	The following table includes the fair value of consideration transferred and the preliminary fair value of the identifiable tangible and intangible assets and liabilities from MUB: December 1, 2022 (Dollars in Millions) Acquisition consideration Cash $ 5,500 Market value of shares of common stock 2,014 Total consideration transferred at acquisition close date 7,514 Discounted liability to Mitsubishi UFJ Financial Group, Inc. (a) 2,944 Total $ 10,458 Fair Value of MUB assets and liabilities Assets Cash and due from banks $ 17,757 Investment securities 22,725 Loans held for sale 2,220 Loans 53,374 Less allowance for loan losses (336 ) Net loans 53,038 Premises and equipment 646 Other intangible assets (excluding goodwill) 2,883 Other assets 4,719 Total assets $ 103,988 Liabilities Deposits $ 86,108 Short-term borrowings 4,207 Long-term debt 2,584 Other liabilities 2,854 Total liabilities 95,753 Less: Net assets $ 8,235 Goodwill $ 2,223 (a) Represents $3.5 billion of noninterest-bearing additional capital held by MUB upon close of the acquisition to be delivered to Mitsubishi UFJ Financial Group, Inc. on or prior to December 1, 2027, discounted at the Company’s 5-year unsecured borrowing rate as of the acquisition date, per authoritative accounting guidance.
Summary of Fair Value and Unpaid Principal Balance of The Loans	The following table includes the fair value and unpaid principal balance of the loans from the MUB acquisition: December 1, 2022 (Dollars in Millions) Unpaid Fair Value Commercial $ 11,771 $ 11,366 Commercial real estate 14,397 13,843 Residential mortgages 28,256 26,247 Credit card 299 212 Other retail 1,397 1,370 Total loans $ 56,120 $ 53,038
Summary of Other Intangible Assets	Other intangible assets from the MUB (Dollars in Millions) Weighted-average Estimated Life Amortization Fair Value Mortgage servicing rights – (a ) $ 147 Core deposit benefits 10 years Accelerated 2,710 Other 11 years Accelerated 26 Total other intangible assets (excluding goodwill) $ 2,883 (a) Mortgage servicing rights are recorded at fair value and are not amortized.
Summary of Business Acquisition Financial Results Included in the Consolidated Statement of Income	The following table presents financial results of MUB included in the Consolidated Statement of Income from the date of acquisition through December 31, 2022. (Dollars in Millions) One Month Ended Net interest income $ 255 Noninterest income (38 ) (a) Net income ( ) (562 ) (a) Includes realized losses on investment securities sold.
Summary of Business Acquisition Pro Forma Information	The pro forma information does not necessarily reflect the results that would have occurred had the Company acquired MUB on January 1, 2021. Year Ended December 31 (Dollars in Millions) 2022 2021 Net interest income $ 17,541 $ 14,958 Noninterest income 10,068 11,071 Net income 7,184 7,187
Summary of Purchase Price of PCD Loans	The following table provides information about the determination of the purchase price of PCD loans at the acquisition date: December 1, 2022 (Dollars in Millions) Principal balance $ 5,097 Allowance for credit losses at acquisition (336 ) Non-credit (213 ) Purchase price $ 4,548

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
Investment Securities (Tables)	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities Available-for-Sale and Held-to-Maturity	The amortized cost, gross unrealized holding gains and losses, and fair value of held-to-maturity available-for-sale 2022 2021 (Dollars in Millions) Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Held-to-maturity U.S. Treasury and agencies $ 1,344 $ – $ (51 ) $ 1,293 $ – $ – $ – $ – Mortgage-backed securities Residential agency 85,693 2 (10,810 ) 74,885 41,858 2 (48 ) 41,812 Commercial agency 1,703 1 (8 ) 1,696 – – – – Total held-to-maturity $ 88,740 $ 3 $ (10,869 ) $ 77,874 $ 41,858 $ 2 $ (48 ) $ 41,812 Available-for-sale U.S. Treasury and agencies $ 24,801 $ 1 $ (2,769 ) $ 22,033 $ 36,648 $ 205 $ (244 ) $ 36,609 Mortgage-backed securities Residential agency 32,060 8 (2,797 ) 29,271 76,761 665 (347 ) 77,079 Commercial Agency 8,736 – (1,591 ) 7,145 8,633 53 (201 ) 8,485 Non-agency 7 – – 7 – – – – Asset-backed securities 4,356 5 (38 ) 4,323 62 4 – 66 Obligations of state and political subdivisions 11,484 12 (1,371 ) 10,125 10,130 607 (20 ) 10,717 Other 6 – – 6 7 – – 7 Total available-for-sale $ 81,450 $ 26 $ (8,566 ) $ 72,910 $ 132,241 $ 1,534 $ (812 ) $ 132,963
Amount of Interest Income from Taxable and Non-Taxable Investment Securities	The following table provides information about the amount of interest income from taxable and non-taxable Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Taxable $ 3,081 $ 2,103 $ 2,201 Non-taxable 297 262 227 Total interest income from investment securities $ 3,378 $ 2,365 $ 2,428
Amount of Gross Gains and Losses Realized through Sales of Available-for-Sale Investment Securities	The following table provides information about the amount of gross gains and losses realized through the sales of available-for-sale Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Realized gains $ 163 $ 122 $ 200 Realized losses (143 ) (19 ) (23 ) Net realized gains $ 20 $ 103 $ 177 Income tax on net realized gains $ 5 $ 26 $ 45
Gross Unrealized Losses and Fair Value of Company's Investment Securities	The following table shows the gross unrealized losses and fair value of the Company’s available-for-sale Less Than 12 Months 12 Months or Greater Total (Dollars in Millions) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury and agencies $ 13,265 $ (1,193 ) $ 7,962 $ (1,576 ) $ 21,227 $ (2,769 ) Mortgage-backed securities Residential agency 20,854 (1,461 ) 7,752 (1,336 ) 28,606 (2,797 ) Commercial Agency 2,029 (311 ) 5,115 (1,280 ) 7,144 (1,591 ) Non-agency 7 – – – 7 – Asset-backed securities 3,476 (38 ) – – 3,476 (38 ) Obligations of state and political subdivisions 8,246 (944 ) 1,088 (427 ) 9,334 (1,371 ) Other – – 4 – 4 – Total investment securities $ 47,877 $ (3,947 ) $ 21,921 $ (4,619 ) $ 69,798 $ (8,566 )
Investment Securities	The following table provides information about the amortized cost, fair value and yield by maturity date of the investment securities outstanding at December 31, 2022: (Dollars in Millions) Amortized Fair Value Weighted- Weighted- (e) Held-to-maturity U.S. Treasury and Agencies Maturing in one year or less $ – $ – – – % Maturing after one year through five years 1,344 1,293 3.3 2.85 Maturing after five years through ten years – – – – Maturing after ten years – – – – Total $ 1,344 $ 1,293 3.3 2.85 % Mortgage-Backed Securities (a) Maturing in one year or less $ 19 $ 19 .7 3.08 % Maturing after one year through five years 1,549 1,546 2.7 4.35 Maturing after five years through ten years 67,062 59,194 9.2 2.15 Maturing after ten years 18,766 15,822 10.2 2.05 Total $ 87,396 $ 76,581 9.3 2.17 % Total held-to-maturity (b) $ 88,740 $ 77,874 9.2 2.18 % Available-for-sale U.S. Treasury and Agencies Maturing in one year or less $ 259 $ 259 .4 4.72 % Maturing after one year through five years 4,900 4,606 3.8 2.51 Maturing after five years through ten years 15,937 14,114 7.0 2.24 Maturing after ten years 3,705 3,054 12.0 2.97 Total $ 24,801 $ 22,033 7.1 2.43 % Mortgage-Backed Securities (a) Maturing in one year or less $ 44 $ 43 .8 2.55 % Maturing after one year through five years 10,976 10,242 3.1 2.33 Maturing after five years through ten years 28,277 24,827 7.7 3.00 Maturing after ten years 1,506 1,311 11.2 3.54 Total $ 40,803 $ 36,423 6.6 2.83 % Asset-Backed Securities Maturing in one year or less $ 3,429 $ 3,391 .6 4.25 % Maturing after one year through five years 500 503 2.8 5.68 Maturing after five years through ten years 427 429 5.3 6.00 Maturing after ten years – – – – Total $ 4,356 $ 4,323 1.3 4.59 % Obligations of State and Political Subdivisions (c) (d) Maturing in one year or less $ 106 $ 107 .2 5.12 % Maturing after one year through five years 1,756 1,747 3.7 4.72 Maturing after five years through ten years 1,341 1,286 8.3 4.10 Maturing after ten years 8,281 6,985 16.8 3.49 Total $ 11,484 $ 10,125 13.6 3.76 % Other Maturing in one year or less $ 6 $ 6 .1 1.99 % Maturing after one year through five years – – – – Maturing after five years through ten years – – – – Maturing after ten years – – – – Total $ 6 $ 6 .1 1.99 % Total available-for-sale (b) $ 81,450 $ 72,910 7.4 2.94 % (a) Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments. (b) The weighted-average maturity of total held-to-maturity available-for-sale (c) Information related to obligations of state and political subdivisions is presented based upon yield to first optional call date if the security is purchased at a premium, and yield to maturity if the security is purchased at par or a discount. (d) Maturity calculations for obligations of state and political subdivisions are based on the first optional call date for securities with a fair value above par and the contractual maturity date for securities with a fair value equal to or below par. (e) Weighted-average yields for obligations of state and political subdivisions are presented on a fully-taxable equivalent basis based on a federal income tax rate of 21 percent. Yields on investment securities are computed based on amortized cost balances, excluding any premiums or discounts recorded related to the transfer of investment securities at fair value from available-for-sale held-to

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	12 Months Ended
Loans and Allowance for Credit Losses (Tables)	Dec. 31, 2022
Receivables [Abstract]
Composition of Loan Portfolio	The composition of the loan portfolio at December 31, disaggregated by class and underlying specific portfolio type, was as follows: (Dollars in Millions) 2022 2021 Commercial Commercial $ 131,128 $ 106,912 Lease financing 4,562 5,111 Total commercial 135,690 112,023 Commercial Real Estate Commercial mortgages 43,765 28,757 Construction and development 11,722 10,296 Total commercial real estate 55,487 39,053 Residential Mortgages Residential mortgages 107,858 67,546 Home equity loans, first liens 7,987 8,947 Total residential mortgages 115,845 76,493 Credit Card 26,295 22,500 Other Retail Retail leasing 5,519 7,256 Home equity and second mortgages 12,863 10,446 Revolving credit 3,983 2,750 Installment 14,592 16,641 Automobile 17,939 24,866 Total other retail 54,896 61,959 Total loans $ 388,213 $ 312,028
Activity in Allowance for Credit Losses by Portfolio Class	Activity in the allowance for credit losses by portfolio class was as follows: (Dollars in Millions) Commercial Commercial Residential Credit Other Total Balance at December 31, 2021 $ 1,849 $ 1,123 $ 565 $ 1,673 $ 945 $ 6,155 Add Allowance for acquired credit losses (a) 163 87 36 45 5 336 Provision for credit losses (b) 378 152 302 826 319 1,977 Deduct Loans charged-off (c) 319 54 13 696 418 1,500 Less recoveries of loans charged-off (92 ) (17 ) (36 ) (172 ) (120 ) (437 ) Net loan charge-offs (recoveries) 227 37 (23 ) 524 298 1,063 Other Changes – – – – (1 ) (1 ) Balance at December 31, 2022 $ 2,163 $ 1,325 $ 926 $ 2,020 $ 970 $ 7,404 Balance at December 31, 2020 $ 2,423 $ 1,544 $ 573 $ 2,355 $ 1,115 $ 8,010 Add Provision for credit losses (471 ) (419 ) (40 ) (170 ) (73 ) (1,173 ) Deduct Loans charged-off 222 29 18 686 253 1,208 Less recoveries of loans charged-off (119 ) (27 ) (50 ) (174 ) (156 ) (526 ) Net loan charge-offs (recoveries) 103 2 (32 ) 512 97 682 Balance at December 31, 2021 $ 1,849 $ 1,123 $ 565 $ 1,673 $ 945 $ 6,155 Balance at December 31, 2019 $ 1,484 $ 799 $ 433 $ 1,128 $ 647 $ 4,491 Add Change in accounting principle (d) 378 (122 ) (30 ) 872 401 1,499 Provision for credit losses 1,074 1,054 158 1,184 336 3,806 Deduct Loans charged-off 575 210 19 975 401 2,180 Less recoveries of loans charged-off (62 ) (23 ) (31 ) (146 ) (132 ) (394 ) Net loan charge-offs (recoveries) 513 187 (12 ) 829 269 1,786 Balance at December 31, 2020 $ 2,423 $ 1,544 $ 573 $ 2,355 $ 1,115 $ 8,010 (a) Represents allowance for purchased credit deteriorated and charged-off loans acquired from MUB. (b) Includes $662 million of provision for credit losses related to the acquisition of MUB. (c) Includes $179 million of total charge-offs primarily charged-off (d) Effective January 1, 2020, the Company adopted accounting guidance which changed impairment recognition of financial instruments to a model that is based on expected losses rather than incurred losses.
Summary of Loans by Portfolio Class, Including Delinquency Status of those that Continue to Accrue Interest and are Nonperforming	The following table provides a summary of loans by portfolio class, including the delinquency status of those that continue to accrue interest, and those that are nonperforming: Accruing (Dollars in Millions) Current 30-89 Days 90 Days or Nonperforming (b) Total December 31, 2022 Commercial $ 135,077 $ 350 $ 94 $ 169 $ 135,690 Commercial real estate 55,057 87 5 338 55,487 Residential mortgages (a) 115,224 201 95 325 115,845 Credit card 25,780 283 231 1 26,295 Other retail 54,382 309 66 139 54,896 Total loans $ 385,520 $ 1,230 $ 491 $ 972 $ 388,213 December 31, 2021 Commercial $ 111,270 $ 530 $ 49 $ 174 $ 112,023 Commercial real estate 38,678 80 11 284 39,053 Residential mortgages (a) 75,962 124 181 226 76,493 Credit card 22,142 193 165 – 22,500 Other retail 61,468 275 66 150 61,959 Total loans $ 309,520 $ 1,202 $ 472 $ 834 $ 312,028 (a) At December 31, 2022, $647 million of loans 30–89 days past due and $2.2 billion of loans 90 days or more past due purchased and that could be purchased from Government National Mortgage Association (“GNMA”) mortgage pools under delinquent loan repurchase options whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs, were classified as current, compared with $791 million and $1.5 billion at December 31, 2021, respectively. (b) Substantially all nonperforming loans at December 31, 2022 and 2021, had an associated allowance for credit losses. The Company recognized interest income on nonperforming loans of $19 million and $16 million for the years ended December 31, 2022 and 2021, respectively, compared to what would have been recognized at the original contracual terms of the loans of $34 million for both periods.
Summary of Loans by Portfolio Class and Company's Internal Credit Quality Rating	The following table provides a summary of loans by portfolio class and the Company’s internal credit quality rating: December 31, 2022 December 31, 2021 Criticized Criticized (Dollars in Millions) Pass Special Classified (a) Total Total Pass Special Classified (a) Total Total Commercial Originated in 2022 $ 61,229 $ 245 $ 315 $ 560 $ 61,789 $ – $ – $ – $ – $ – Originated in 2021 26,411 159 78 237 26,648 51,155 387 287 674 51,829 Originated in 2020 7,049 68 138 206 7,255 14,091 304 133 437 14,528 Originated in 2019 3,962 51 210 261 4,223 10,159 151 54 205 10,364 Originated in 2018 2,119 31 32 63 2,182 5,122 3 36 39 5,161 Originated prior to 2018 6,867 33 97 130 6,997 4,923 30 81 111 5,034 Revolving (b) 25,888 344 364 708 26,596 24,722 268 117 385 25,107 Total commercial 133,525 931 1,234 2,165 135,690 110,172 1,143 708 1,851 112,023 Commercial real estate Originated in 2022 14,527 206 519 725 15,252 – – – – – Originated in 2021 13,565 171 99 270 13,835 13,364 6 990 996 14,360 Originated in 2020 6,489 97 117 214 6,703 7,459 198 263 461 7,920 Originated in 2019 6,991 251 304 555 7,546 6,368 251 610 861 7,229 Originated in 2018 3,550 88 501 589 4,139 2,996 29 229 258 3,254 Originated prior to 2018 6,089 50 374 424 6,513 4,473 55 224 279 4,752 Revolving 1,489 – 10 10 1,499 1,494 1 43 44 1,538 Total commercial real estate 52,700 863 1,924 2,787 55,487 36,154 540 2,359 2,899 39,053 Residential mortgages (c) Originated in 2022 28,452 – – – 28,452 – – – – – Originated in 2021 39,527 – 7 7 39,534 29,882 – 3 3 29,885 Originated in 2020 16,556 – 8 8 16,564 15,948 1 8 9 15,957 Originated in 2019 7,222 – 18 18 7,240 6,938 – 36 36 6,974 Originated in 2018 2,934 – 26 26 2,960 2,889 – 30 30 2,919 Originated prior to 2018 20,724 – 371 371 21,095 20,415 – 342 342 20,757 Revolving – – – – – 1 – – – 1 Total residential mortgages 115,415 – 430 430 115,845 76,073 1 419 420 76,493 Credit card (d) 26,063 – 232 232 26,295 22,335 – 165 165 22,500 Other retail Originated in 2022 9,563 – 6 6 9,569 – – – – – Originated in 2021 15,352 – 12 12 15,364 22,455 – 6 6 22,461 Originated in 2020 7,828 – 11 11 7,839 12,071 – 9 9 12,080 Originated in 2019 3,418 – 13 13 3,431 7,223 – 17 17 7,240 Originated in 2018 1,421 – 9 9 1,430 3,285 – 14 14 3,299 Originated prior to 2018 2,268 – 22 22 2,290 3,699 – 24 24 3,723 Revolving 14,029 – 98 98 14,127 12,532 – 112 112 12,644 Revolving converted to term 800 – 46 46 846 472 – 40 40 512 Total other retail 54,679 – 217 217 54,896 61,737 – 222 222 61,959 Total loans $ 382,382 $ 1,794 $ 4,037 $ 5,831 $ 388,213 $ 306,471 $ 1,684 $ 3,873 $ 5,557 $ 312,028 Total outstanding commitments $ 772,804 $ 2,825 $ 5,041 $ 7,866 $ 780,670 $ 662,363 $ 3,372 $ 5,684 $ 9,056 $ 671,419 Note: Year of origination is based on the origination date of a loan, or for existing loans the date when the maturity date, pricing or commitment amount is amended. (a) Classified rating on consumer loans primarily based on delinquency status. (b) Includes an immaterial amount of revolving converted to term loans. (c) At December 31, 2022, $2.2 billion of GNMA loans 90 days or more past due and $1.0 billion of restructured GNMA loans whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs were classified with a pass rating, compared with $1.5 billion and $1.1 billion at December 31, 2021, respectively. (d) Predominately all credit card loans are considered revolving loans. Includes an immaterial amount of revolving converted to term loans.
Summary of Loans Modified as TDRs	The following table provides a summary of loans modified as TDRs for the years ended December 31, by portfolio class: (Dollars in Millions) Number Pre-Modification Post-Modification 2022 Commercial 2,259 $ 148 $ 134 Commercial real estate 75 50 47 Residential mortgages 1,699 475 476 Credit card 44,470 243 246 Other retail 2,514 89 85 Total loans, excluding loans purchased from GNMA mortgage pools 51,017 1,005 988 Loans purchased from GNMA mortgage pools 1,640 226 230 Total loans 52,657 $ 1,231 $ 1,218 2021 Commercial 2,156 $ 140 $ 127 Commercial real estate 112 193 179 Residential mortgages 977 329 328 Credit card 25,297 144 146 Other retail 2,576 74 67 Total loans, excluding loans purchased from GNMA mortgage pools 31,118 880 847 Loans purchased from GNMA mortgage pools 2,311 334 346 Total loans 33,429 $ 1,214 $ 1,193 2020 Commercial 3,423 $ 628 $ 493 Commercial real estate 149 262 218 Residential mortgages 1,176 402 401 Credit card 23,549 135 136 Other retail 4,027 117 114 Total loans, excluding loans purchased from GNMA mortgage pools 32,324 1,544 1,362 Loans purchased from GNMA mortgage pools 4,630 667 659 Total loans 36,954 $ 2,211 $ 2,021
Summary of Loans Modified as TDRs in the Past Twelve Months that have Subsequently Defaulted	The following table provides a summary of TDR loans that defaulted (fully or partially charged-off (Dollars in Millions) Number Amount 2022 Commercial 767 $ 24 Commercial real estate 20 11 Residential mortgages 235 28 Credit card 7,904 42 Other retail 307 5 Total loans, excluding loans purchased from GNMA mortgage pools 9,233 110 Loans purchased from GNMA mortgage pools 282 59 Total loans 9,515 $ 169 2021 Commercial 1,084 $ 32 Commercial real estate 16 7 Residential mortgages 81 9 Credit card 7,700 43 Other retail 714 11 Total loans, excluding loans purchased from GNMA mortgage pools 9,595 102 Loans purchased from GNMA mortgage pools 176 26 Total loans 9,771 $ 128 2020 Commercial 1,148 $ 80 Commercial real estate 50 30 Residential mortgages 38 5 Credit card 6,688 35 Other retail 307 4 Total loans, excluding loans purchased from GNMA mortgage pools 8,231 154 Loans purchased from GNMA mortgage pools 498 66 Total loans 8,729 $ 220

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2022
Text Block [Abstract]
Components of Net Investment in Sales-Type and Direct Financing Leases	The components of the net investment in sales-type and direct financing leases, at December 31, were as follows: (Dollars in Millions) 2022 2021 Lease receivables $ 8,731 $ 10,738 Unguaranteed residual values accruing to the lessor’s benefit 1,323 1,610 Total net investment in sales-type and direct financing leases $ 10,054 $ 12,348
Contractual Future Lease Payments to be Received	The contractual future lease payments to be received by the Company, at December 31, 2022, were as follows: (Dollars in Millions) Sales-type and Operating leases 2023 $ 3,496 $ 134 2024 2,765 103 2025 1,665 69 2026 658 33 2027 284 18 Thereafter 447 26 Total lease payments 9,315 $ 383 Amounts representing interest (584 ) Lease receivables $ 8,731
Summary of Amounts Relevant to Company's Assets Leased for Use in its Operations	The following table presents amounts relevant to the Company’s assets leased for use in its operations for the years ended December 31: (Dollars in Millions) 2022 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 294 $ 288 $ 305 Operating cash flows from finance leases 4 5 6 Financing cash flows from finance leases 14 12 12 Right of use assets obtained in exchange for new operating lease liabilities 239 164 128 Right of use assets obtained in exchange for new finance lease liabilities 91 75 6
Summary of Weighted-Average Remaining Lease Terms and Discount Rates	The following table presents the weighted-average remaining lease terms and discount rates of the Company’s assets leased for use in its operations at December 31: 2022 2021 Weighted-average remaining lease term of operating leases (in years) 6.8 7.0 Weighted-average remaining lease term of finance leases (in years) 8.5 9.5 Weighted-average discount rate of operating leases 3.3 % 2.7 % Weighted-average discount rate of finance leases 7.9 % 9.3 %
Schedule of Contractual Future Lease Obligations	The contractual (Dollars in Millions) Operating Finance 2023 $ 369 $ 29 2024 318 51 2025 255 48 2026 198 33 2027 152 10 Thereafter 410 28 Total lease payments 1,702 199 Amounts representing interest (202 ) (22 ) Lease liabilities $ 1,500 $ 177

Accounting for Transfers and _2

Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Investments in Community Development and Tax-advantaged VIEs	The following table provides a summary of investments in community development and tax-advantaged At December 31 (Dollars in Millions) 2022 2021 Investment carrying amount $ 5,452 $ 4,484 Unfunded capital and other commitments 2,416 1,890 Maximum exposure to loss 9,761 9,899

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
Premises and Equipment (Tables)	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and equipment at December 31 consisted of the following: (Dollars in Millions) 2022 2021 Land $ 535 $ 445 Buildings and improvements 3,296 3,161 Furniture, fixtures and equipment 3,485 3,438 Right of use assets on operating leases 1,296 1,014 Right of use assets on finance leases 269 172 Construction in progress 46 23 8,927 8,253 Less accumulated depreciation and amortization (5,069 ) (4,948 ) Total $ 3,858 $ 3,305

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	12 Months Ended
Mortgage Servicing Rights (Tables)	Dec. 31, 2022
Text Block [Abstract]
Changes in Fair Value of Capitalized MSRs	Changes in fair value of capitalized MSRs are summarized as follows: (Dollars in Millions) 2022 2021 2020 Balance at beginning of period $ 2,953 $ 2,210 $ 2,546 Rights purchased 156 42 34 Rights capitalized 590 1,136 1,030 Rights sold (a) (255 ) 2 3 Changes in fair value of MSRs Due to fluctuations in market interest rates (b) 804 272 (719 ) Due to revised assumptions or models (c) (29 ) (196 ) (12 ) Other changes fair (d) (464 ) (513 ) (672 ) Balance at end of period $ 3,755 $ 2,953 $ 2,210 (a) MSRs sold include those having a negative fair value, resulting from the loans being severely delinquent. (b) Includes changes in MSR value associated with changes in market interest rates, including estimated prepayment rates and anticipated earnings on escrow deposits. (c) Includes changes in MSR value not caused by changes in market interest rates, such as changes in assumed cost to service, ancillary income and option adjusted spread, as well as the impact of any model changes. (d) Primarily the change in MSR value from passage of time and cash flows realized (decay), but also includes the impact of changes to expected cash flows not associated with changes in market interest rates, such as the impact of delinquencies.
Sensitivity to Changes in Interest Rates of the Fair Value of MSR Portfolio and Related Derivative Instruments	The estimated sensitivity to changes in interest rates of the fair value of the MSR portfolio and the related derivative instruments as of December 31 follows: 2022 2021 (Dollars in Millions) Down Down Down Up Up Up Down Down Down Up Up Up MSR portfolio $ (334 ) $ (153 ) $ (73 ) $ 66 $ 125 $ 224 $ (636 ) $ (324 ) $ (160 ) $ 150 $ 287 $ 511 Derivative instrument hedges 337 153 73 (67) (127) (236) 614 309 152 (142) (278) (536) Net sensitivity $ 3 $ – $ – $ (1 ) $ (2 ) $ (12) $ (22 ) $ (15 ) $ (8) $ 8 $ 9 $ (25)
MSRs and Related Characteristics by Portfolio	A summary of the Company’s MSRs and related characteristics by portfolio as of December 31 follows: 2022 2021 (Dollars in Millions) HFA Government Conventional (d) Total HFA Government Conventional (d) Total Servicing portfolio (a) $ 44,071 $ 23,141 $ 172,541 $ 239,753 $ 40,652 $ 21,919 $ 156,382 $ 218,953 Fair value $ 725 $ 454 $ 2,576 $ 3,755 $ 527 $ 308 $ 2,118 $ 2,953 Value (bps) (b) 165 196 149 157 130 141 135 135 Weighted-average servicing fees (bps) 36 42 27 30 36 41 30 32 Multiple (value/servicing fees) 4.56 4.69 5.52 5.20 3.63 3.43 4.50 4.18 Weighted-average note rate 4.16 % 3.81 % 3.52 % 3.67 % 4.07 % 3.70 % 3.41 % 3.56 % Weighted-average age (in years) 4.0 5.7 3.7 3.9 3.8 5.9 3.3 3.7 Weighted-average expected prepayment (constant prepayment rate) 7.4 % 8.5 % 7.8 % 7.8 % 11.5 % 13.2 % 9.6 % 10.3 % Weighted-average expected life (in years) 8.8 7.6 7.5 7.7 6.5 5.6 6.9 6.7 Weighted-average option adjusted spread (c) 7.6 % 6.9 % 5.1 % 5.8 % 7.3 % 7.3 % 6.3 % 6.6 % (a) Represents principal balance of mortgages having corresponding MSR asset. (b) Calculated as fair value divided by the servicing portfolio. (c) Option adjusted spread is the incremental spread added to the risk-free rate to reflect optionality and other risk inherent in the MSRs. (d) Represents loans sold primarily to GSEs.

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
Intangible Assets (Tables)	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	At December 31 (Dollars in Millions) 2022 2021 Goodwill $ 12,373 $ 10,262 Merchant processing contracts 155 195 Core deposit benefits 2,706 49 Mortgage servicing rights 3,755 2,953 Trust relationships 50 62 Other identified intangibles 489 479 Total $ 19,528 $ 14,000
Aggregate Amortization Expense	Aggregate amortization expense consisted of the following: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Merchant processing contracts $ 38 $ 45 $ 49 Core deposit benefits 53 15 18 Trust relationships 12 10 9 Other identified intangibles 112 89 100 Total $ 215 $ 159 $ 176
Estimated Amortization Expense	The estimated amortization expense for the next five years is as follows: (Dollars in Millions) 2023 $ 647 2024 572 2025 490 2026 422 2027 350
Changes in Carrying Value of Goodwill	The (Dollars in Millions) Corporate and Consumer and Wealth Management and Payment Treasury and Consolidated Balance at December 31, 2019 $ 1,647 $ 3,475 $ 1,617 $ 2,916 $ — $ 9,655 Goodwill acquired — — — 180 — 180 Foreign exchange translation and other — — 2 81 — 83 Balance at December 31, 2020 $ 1,647 $ 3,475 $ 1,619 $ 3,177 $ — $ 9,918 Goodwill acquired — 35 144 192 — 371 Foreign exchange translation and other 265 (265 ) (2 ) (25 ) — (27 ) Balance at December 31, 2021 $ 1,912 $ 3,245 $ 1,761 $ 3,344 $ — $ 10,262 Goodwill acquired 889 1,220 29 11 — 2,149 Foreign exchange translation and other — — (2 ) (36 ) — (38 ) Balance at December 31, 2022 $ 2,801 $ 4,465 $ 1,788 $ 3,319 $ — $ 12,373

Deposits (Tables)

Deposits (Tables)	12 Months Ended
Deposits (Tables)	Dec. 31, 2022
Banking and Thrift, Interest [Abstract]
Composition of Deposits	(Dollars in Millions) 2022 2021 Noninterest-bearing deposits $ 137,743 $ 134,901 Interest-bearing deposits Interest checking 134,491 115,108 Money market savings 148,014 117,619 Savings accounts 71,782 65,790 Time deposits 32,946 22,665 Total interest-bearing deposits 387,233 321,182 Total deposits $ 524,976 $ 456,083
Maturities of Time Deposits Outstanding	The maturities of time deposits outstanding at December 31, 2022 were as follows: (Dollars in Millions) 2023 $ 26,622 2024 3,879 2025 1,668 2026 458 2027 317 Thereafter 2 Total $ 32,946

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	12 Months Ended
Short-Term Borrowings (Tables)	Dec. 31, 2022
Debt Disclosure [Abstract]
Summary of Short-Term Borrowings	(Dollars in Millions) 2022 2021 Federal funds purchased $ 226 $ 628 Securities sold under agreements to repurchase 1,431 1,575 Commercial paper 8,145 6,026 Other short-term borrowings 21,414 (a) 3,567 Total $ 31,216 $ 11,796 (a) Balance primarily includes short-term FHLB advances.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Dec. 31, 2022
Debt Disclosure [Abstract]
Summary of Long-term Debt	Long-term debt (debt with original maturities of more than one year) at December 31 consisted of the following: (Dollars in Millions) Rate Rate (a) Maturity Date 2022 2021 U.S. Bancorp (Parent Company) Subordinated notes Fixed 2.950 % 2022 $ – $ 1,300 Fixed 3.600 % 2024 1,000 1,000 Fixed 7.500 % 2026 199 199 Fixed 3.100 % 2026 1,000 1,000 Fixed 3.000 % 2029 1,000 1,000 Fixed 4.967 % 2033 1,300 – Fixed 2.491 % 2036 1,300 1,300 Medium-term notes Fixed .850% - 5.850 % 2024 2033 18,468 12,631 Other (b) 2,716 472 Subtotal 26,983 18,902 Subsidiaries Federal Home Loan Bank advances Fixed 2.289% - 8.250% 2023 2026 2,051 2 Floating (d) 5.190% - 5.197% 2025 2026 3,000 3,272 Bank notes Fixed 1.950% - 3.400% 2023 2025 4,800 5,700 Floating (d) –% - 4.758% 2023 2062 1,352 3,337 Other (c) 1,643 912 Subtotal 12,846 13,223 Total $ 39,829 $ 32,125 (a) Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 3.20 percent, 4.02 percent and 2.78 percent, respectively. (b) Includes $2.9 billion of discounted noninterest-bearing additio n B 5-year (c) Includes consolidated community development and tax-advantaged d) Includes $3.0 billion of Federal Home Loan Bank advances and $1.0 billion of bank notes for which interest is calculated by reference to LIBOR. For any outstanding LIBOR-linked instrument that matures after June 30, 2023, the interest rate will transition from a LIBOR-based rate to an alternative reference rate. For outstanding debt subject to the Adjustable Interest Rate (LIBOR) Act (the “LIBOR Act”) that does not contain a fallback provision or does not contain a clearly defined or practicable fallback provision in the event that LIBOR is no longer published or quoted, the interest rate will transition pursuant to the LIBOR Act to a rate based on the Secured Overnight Financing Rate (“SOFR”) after June 30, 2023. For outstanding debt that contains adequate fallback provisions in the event that LIBOR is no longer published or quoted, these fallback provisions will be utilized to determine the replacement rate applied after June 30, 2023.
Maturities of Long-term Debt Outstanding	Maturities of long-term debt outstanding at December 31, 2022, were: (Dollars in Millions) Parent Consolidated 2023 $ 899 $ 4,854 2024 5,424 5,490 2025 1,965 5,498 2026 3,978 7,397 2027 3,722 3,751 Thereafter 10,995 12,839 Total $ 26,983 $ 39,829

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Dec. 31, 2022
Federal Home Loan Banks [Abstract]
Number of Shares Issued and Outstanding and Carrying Amount of Preferred Stock	The number of shares issued and outstanding and the carrying amount of each outstanding series of the Company’s preferred stock were as follows: 2022 2021 (Dollars in Millions) Shares Liquidation Discount Carrying Shares Liquidation Discount Carrying Series A 12,510 $ 1,251 $ 145 $ 1,106 12,510 $ 1,251 $ 145 $ 1,106 Series B 40,000 1,000 – 1,000 40,000 1,000 – 1,000 Series J 40,000 1,000 7 993 40,000 1,000 7 993 Series K 23,000 575 10 565 23,000 575 10 565 Series L 20,000 500 14 486 20,000 500 14 486 Series M 30,000 750 21 729 30,000 750 21 729 Series N 60,000 1,500 8 1,492 60,000 1,500 8 1,492 Series O 18,000 450 13 437 – – – – Total preferred stock (a) 243,510 $ 7,026 $ 218 $ 6,808 225,510 $ 6,576 $ 205 $ 6,371 (a) The par value of all shares issued and outstanding at December 31, 2022 and 2021, was $1.00 per share.
Common Stock Repurchased	The following table summarizes the Company’s common stock repurchased in each of the last three years: (Dollars and Shares in Millions) Shares Value 2022 1 $ 69 2021 28 1,556 2020 31 1,661
Reconciliation of Transactions Affecting Accumulated Other Comprehensive Income (Loss) Included in Shareholders' Equity	The reconciliation of the transactions affecting accumulated other comprehensive income (loss) included in shareholders’ equity for the years ended December 31, is as follows: (Dollars in Millions) Unrealized Gains Available-For-Sale Unrealized Gains From Available-For-Sale Held-To-Maturity Unrealized Gains Unrealized Gains Foreign Currency Total 2022 Balance at beginning of period $ 540 $ (935 ) $ (85 ) $ (1,426 ) $ (37 ) $ (1,943 ) Changes in unrealized gains (losses) (13,656 ) – (75 ) 526 – (13,205 ) Transfer of securities from available-for-sale held-to-maturity 4,413 (4,413 ) – – – – Foreign currency translation adjustment (a) – – – – (10 ) (10 ) Reclassification to earnings of realized (gains) (20 ) 400 36 128 – 544 Applicable income taxes 2,345 1,015 10 (167 ) 4 3,207 Balance at end of period $ (6,378 ) $ (3,933 ) $ (114 ) $ (939 ) $ (43 ) $ (11,407 ) 2021 Balance at beginning of period $ 2,417 $ – $ (189 ) $ (1,842 ) $ (64 ) $ 322 Changes in unrealized gains and losses (3,698 ) – 125 400 – (3,173 ) Transfer of securities from available-for-sale held-to-maturity 1,289 (1,289 ) – – – – Foreign currency translation adjustment (a) – – – – 35 35 Reclassification to earnings of realized gains and losses (103 ) 36 14 157 – 104 Applicable income taxes 635 318 (35 ) (141 ) (8 ) 769 Balance at end of period $ 540 $ (935 ) $ (85 ) $ (1,426 ) $ (37 ) $ (1,943 ) 2020 Balance at beginning of period $ 379 $ – $ (51 ) $ (1,636 ) $ (65 ) $ (1,373 ) Changes in unrealized gains and losses 2,905 – (194 ) (401 ) – 2,310 Foreign currency translation adjustment (a) – – – – 2 2 Reclassification to earnings of realized gains and losses (177 ) – 10 125 – (42 ) Applicable income taxes (690 ) – 46 70 (1 ) (575 ) Balance at end of period $ 2,417 $ – $ (189 ) $ (1,842 ) $ (64 ) $ 322 (a) Represents the impact of changes in foreign currency exchange rates on the Company’s investment in foreign operations and related hedges.
Impact to Net Income for Items Reclassified out of Accumulated Other Comprehensive Income and into Earnings	Additional detail about the impact to net income for items reclassified out of accumulated other comprehensive income (loss) and into earnings for the years ended December 31, is as follows: Impact to Net Income Affected Line Item in the (Dollars in Millions) 2022 2021 2020 Unrealized gains (losses) on investment securities available-for-sale Realized gains (losses) on sale of investment securities $ 20 $ 103 $ 177 Securities gains (losses), net (5 ) (26 ) (45 ) Applicable income taxes 15 77 132 Net-of-tax Unrealized gains (losses) on investment securities transferred from available-for-sale held-to-maturity Amortization of unrealized gains (losses) (400 ) (36 ) – Interest income 119 9 – Applicable income taxes (281 ) (27 ) – Net-of-tax Unrealized gains (losses) on derivative hedges Realized gains (losses) on derivative hedges (36 ) (14 ) (10 ) Interest expense 9 4 3 Applicable income taxes (27 ) (10 ) (7 ) Net-of-tax Unrealized gains (losses) on retirement plans Actuarial gains (losses) and prior service cost (credit) amortization (128 ) (157 ) (125 ) Other noninterest expense 33 40 32 Applicable income taxes (95 ) (117 ) (93 ) Net-of-tax Total impact to net income $ (388 ) $ (77 ) $ 32
Components of regulatory capital and summary of regulatory capital requirements and ratios	The following table provides a summary of the regulatory capital requirements in effect, along with the actual components and ratios for the Company and its bank subsidiaries, at December 31, 2022 and 2021: U.S. Bancorp U.S. Bank National Association MUFG Union (Dollars in Millions) 2022 2021 2022 2021 2022 Basel III standardized approach: Common equity tier 1 capital $ 41,560 $ 41,701 $ 46,681 $ 45,000 $ 10,888 Tier 1 capital 48,813 48,516 47,127 45,444 10,888 Total risk-based capital 59,015 56,250 56,736 53,125 11,565 Risk-weighted assets 496,500 418,571 436,764 412,979 58,641 Common equity tier 1 capital as a percent of risk-weighted assets 8.4 % 10.0 % 10.7 % 10.9 % 18.6 % Tier 1 capital as a percent of risk-weighted assets 9.8 11.6 10.8 11.0 18.6 Total risk-based capital as a percent of risk-weighted assets 11.9 13.4 13.0 12.9 19.7 Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) 7.9 8.6 8.1 8.2 10.9 Tier 1 capital as a percent of total on- off-balance 6.4 6.9 6.5 6.6 10.1 Minimum (a) Well- Bank Regulatory Capital Requirements Common equity tier 1 capital as a percent of risk-weighted assets 7.0 % 6.5 % Tier 1 capital as a percent of risk-weighted assets 8.5 8.0 Total risk-based capital as a percent of risk-weighted assets 10.5 10.0 Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) 4.0 5.0 Tier 1 capital as a percent of total on- off-balance 3.0 3.0 (b) (a) The minimum common equity tier 1 capital, tier 1 capital and total risk-based capital ratio requirements reflect a stress capital buffer requirement of 2.5 percent. Banks and financial services holding companies must maintain minimum capital levels, including a stress capital buffer requirement, to avoid limitations on capital distributions and certain discretionary compensation payments. (b) A minimum well-capitalized threshold does not apply to U.S. Bancorp for this ratio as it is not formally defined under applicable banking regulations for bank holding companies.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2022
Earnings Per Share [Abstract]
Components of Earnings Per Share	The components of earnings per share were: Year Ended December 31 (Dollars and Shares in Millions, Except Per Share Data) 2022 2021 2020 Net income attributable to U.S. Bancorp $ 5,825 $ 7,963 $ 4,959 Preferred dividends (296 ) (303 ) (304 ) Impact of preferred stock call and redemption – (17 ) (a) (13 ) (b) Earnings allocated to participating stock awards (28 ) (38 ) (21 ) Net income applicable to U.S. Bancorp common shareholders $ 5,501 $ 7,605 $ 4,621 Average common shares outstanding 1,489 1,489 1,509 Net effect of the exercise and assumed purchase of stock awards 1 1 1 Average diluted common shares outstanding 1,490 1,490 1,510 Earnings per common share $ 3.69 $ 5.11 $ 3.06 Diluted earnings per common share $ 3.69 $ 5.10 $ 3.06 (a) Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series I and Series F Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares. (b) Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series H Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares.

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
Employee Benefits (Tables)	Dec. 31, 2022
Retirement Benefits [Abstract]
Summary of Changes in Projected Benefit Obligation, Plan Assets, Funded Status, Amounts Recognized in Consolidated Balance Sheet and Accumulated Other Comprehensive Income (Loss)	The following table summarizes the changes in benefit obligations and plan assets for the years ended December 31, and the funded status and amounts recognized in the Consolidated Balance Sheet at December 31 for the retirement plans: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2022 2021 Change In Projected Benefit Obligation (a) Benefit obligation at beginning of measurement period $ 8,030 $ 7,805 $ 34 $ 38 Service cost 280 265 – – I n te re st c 248 219 1 1 Participants’ contributions – – 3 4 Plan amendments 2 – – – Actuarial (gain) loss (2,250 ) (4 ) (6 ) (2 ) Lump sum settlements (76 ) (71 ) – – Benefit payments (195 ) (184 ) (8 ) (7 ) Acquisitions 578 – 27 – Benefit obligation at end of measurement period (b) $ 6,617 $ 8,030 $ 51 $ 34 Change In Fair Value Of Plan Assets Fair value at beginning of measurement period $ 8,113 $ 7,498 $ – $ – Actual return on plan assets (1,245 ) 844 (1 ) – Employer contributions 28 26 5 3 Participants’ contributions – – 4 4 Lump sum settlements (76 ) (71 ) – – Benefit payments (195 ) (184 ) (8 ) (7 ) Acquisitions 750 – 42 – Fair value at end of measurement period $ 7,375 $ 8,113 $ 42 $ – Funded (Unfunded) Status $ 758 $ 83 $ (9 ) $ (34 ) Components Of The Consolidated Balance Sheet Noncurrent benefit asset $ 1,286 $ 776 $ 15 $ – Current benefit liability (25 ) (26 ) (4 ) (5 ) Noncurrent benefit liability (503 ) (667 ) (20 ) (29 ) Recognized amount $ 758 $ 83 $ (9 ) $ (34 ) Accumulated Other Comprehensive Income (Loss), Pretax Net actuarial (loss) gain $ (1,326 ) $ (1,989 ) $ 57 $ 58 Net prior service credit (cost) 12 16 5 8 Recognized amount $ (1,314 ) $ (1,973 ) $ 62 $ 66 (a) The decrease in the projected benefit obligation for 2022 was primarily due to a higher discount rate partially offset by the acquired MU B (b) At December 31, 2022 and 2021, the accumulated benefit obligation for all pension plans was $5.0 billion and $7.3 billion, respectively.
Pension Plans with Benefit Obligations in Excess of Plan Assets	The following table provides information for pension plans with benefit obligations in excess of plan assets at December 31: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2022 2021 Plans with Projected Benefit Obligations in Excess of Plan Assets Projected benefit obligation $ 528 $ 692 $ – $ – Fair value of plan assets – – – – Plans with Accumulated Benefit Obligations in Excess of Plan Assets Accumulated benefit obligation $ 487 $ 631 $ 24 $ 34 Fair value of plan assets – – – –
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Accumulated Other Comprehensive Income (Loss)	The following table sets forth the components of net periodic benefit cost and other amounts recognized in accumulated other comprehensive income (loss) for the years ended December 31 for the retirement plans: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Components Of Net Periodic Benefit Cost Service cost $ 280 $ 265 $ 235 $ – $ – $ – Interest cost 248 219 235 1 1 1 Expected return on plan assets (481 ) (450 ) (403 ) – – (3 ) Prior service cost (credit) amortization (2 ) (2 ) – (3 ) (3 ) (3 ) Actuarial loss (gain) amortization 140 169 134 (7 ) (7 ) (6 ) Net periodic benefit cost $ 185 $ 201 $ 201 $ (9 ) $ (9 ) $ (11 ) Other Changes In Plan Assets And Benefit Obligations Recognized In Other Comprehensive Income (Loss) Net actuarial gain (loss) arising during the year $ 523 $ 398 $ (420 ) $ 5 $ 2 $ 1 Net actuarial loss (gain) amortized during the year 140 169 134 (7 ) (7 ) (6 ) Net prior service (cost) credit arising during the year (2 ) – 18 – – – Net prior service cost (credit) amortized during the year (2 ) (2 ) – (3 ) (3 ) (3 ) Total recognized in other comprehensive income (loss) $ 659 $ 565 $ (268 ) $ (5 ) $ (8 ) $ (8 ) Total recognized in net periodic benefit cost and other comprehensive income (loss) $ 474 $ 364 $ (469 ) $ 4 $ 1 $ 3
Weighted Average Assumptions to Determine Projected Benefit Obligations	The following table sets forth weighted average assumptions used to determine the projected benefit obligations at December 31: Pension Plans Postretirement (Dollars in Millions) 2022 2021 2022 2021 Discount rate 5.55 % 3.00 % 5.43 % 2.37 % Cash balance interest crediting rate 3.36 3.00 * * Rate of compensation increase (a) 4.13 3.56 * * Health care cost trend rate (b) Prior to age 65 6.50 % 5.75 % After age 65 6.50 % 5.75 % (a) Determined on an active liability-weighted basis. (b) The 2022 pre-65 post-65 pre-65 post-65 * Not applicable
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost	The following table sets forth weighted average assumptions used to determine net periodic benefit cost for the years ended December 31: Pension Plans Postretirement Welfare Plans (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Discount rate 3.00 % 2.75 % 3.40 % 2.37 % 2.37 % 2.80 % Cash balance interest crediting rate 3.00 3.00 3.00 * * * Expected return on plan assets (a) 6.50 6.50 7.25 6.50 * 3.50 Rate of compensation increase (b) 3.56 3.56 3.56 * * * Health care cost trend rate (c) Prior to age 65 5.75 % 5.75 % 6.25 % After age 65 5.75 5.75 6.25 (a) With the help of an independent pension consultant, the Company considers several sources when developing its expected long-term rates of return on plan assets assumptions, including, but not limited to, past returns and estimates of future returns given the plans’ asset allocation, economic conditions, and peer group LTROR information. The Company determines its expected long-term rates of return reflecting current economic conditions and plan assets. (b) Determined on an active liability weighted basis. (c) The 2022, 2021 and 2020 pre-65 post-65 * Not applicable
Summary of Plan Investment Assets Measured at Fair Value	The following table summarizes plan investment assets measured at fair value at December 31: Qualified Pension Plans Postretirement Welfare Plans 2022 2021 2022 (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 202 $ – $ – $ 202 $ 43 $ – $ – $ 43 $ 7 $ – $ – $ 7 Debt securities 961 855 – 1,816 1,022 1,096 – 2,118 5 4 – 9 Mutual funds Debt securities – 382 – 382 – 409 – 409 – 2 – 2 Emerging markets equity securities – 156 – 156 – 188 – 188 – 1 – 1 Other – – 6 6 – – 4 4 – – – – $ 1,163 $ 1,393 $ 6 2,562 $ 1,065 $ 1,693 $ 4 2,762 $ 12 $ 7 $ – 19 Plan investment assets not classified in fair value hierarchy (a) Collective investment funds Domestic equity securities 1,494 1,958 7 Mid-small (b) 313 433 2 International equity securities 620 867 3 Domestic real estate securities 907 829 4 Hedge funds (c) 451 450 2 Private equity funds (d) 1,028 814 5 Total plan investment assets at fair value $ 7,375 $ 8,113 $ 42 (a) These investments are valued based on net asset value per share as a practical expedient; fair values are provided to reconcile to total investment assets of the plans at fair value. (b) At December 31, 2022 and 2021, securities included $315 million and $433 million in domestic equities, respectively. (c) This category consists of several investment strategies diversified across several hedge fund managers. (d) This category consists of several investment strategies diversified across several private equity fund managers.
Summarizes the Changes for Qualified Pension Plan Assets Measured at Fair Value Using Significant Unobservable Inputs (Level 3)	The following table summarizes the changes in fair value for qualified pension plans investment assets measured at fair value using significant unobservable inputs (Level 3) for the years ended December 31: 2022 2021 2020 (Dollars in Millions) Other Other Other Balance at beginning of period $ 4 $ 6 $ 3 Unrealized gains (losses) relating to assets still held at end of year 2 (2 ) 3 Purchases, sales, and settlements, net – – – Balance at end of period $ 6 $ 4 $ 6
Expected Future Benefit Payments	The following benefit payments are expected to be paid from the retirement plans for the years ended December 31: (Dollars in Millions) Pension Postretirement (a) 2023 $ 337 $ 5 2024 332 5 2025 387 5 2026 394 5 2027 409 5 2028-2032 2,359 19 (a) Net of expected retiree contributions.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Summary of Stock Options Outstanding and Exercised Under Prior and Existing Stock Incentive Plans	The following is a summary of stock options outstanding and exercised under prior and existing stock incentive plans of the Company: Year Ended December 31 Stock Weighted- Weighted-Average Aggregate 2022 Number outstanding at beginning of period 3,890,131 $ 42.58 Exercised (624,729 ) 32.87 Cancelled (a) (12,312 ) 50.97 Number outstanding at end of period (b) 3,253,090 $ 44.42 2.7 $ – Exercisable at end of period 3,253,090 $ 44.42 2.7 $ – 2021 Number outstanding at beginning of period 5,180,391 $ 40.38 Exercised (1,281,646 ) 33.66 Cancelled (a) (8,614 ) 48.20 Number outstanding at end of period (b) 3,890,131 $ 42.58 3.3 $ 53 Exercisable at end of period 3,890,131 $ 42.58 3.3 $ 53 2020 Number outstanding at beginning of period 5,718,256 $ 39.25 Exercised (513,293 ) 27.48 Cancelled (a) (24,572 ) 45.08 Number outstanding at end of period (b) 5,180,391 $ 40.38 3.7 $ 32 Exercisable at end of period 4,942,077 $ 39.68 3.6 $ 34 Note: The Company did not grant any stock option awards during 2022, 2021, and 2020. (a) Options cancelled include both non-vested (b) Outstanding options include stock-based awards that may be forfeited in future periods. The impact of the estimated forfeitures is reflected in compensation expense.
Summary of Certain Stock Option Activity	The following summarizes certain stock option activity of the Company: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Fair value of options vested $ – $ 3 $ 7 Intrinsic value of options exercised 15 27 11 Cash received from options exercised 21 43 14 Tax benefit realized from options exercised 4 7 3
Stock Options Outstanding Additional Information	Additional information regarding stock options outstanding as of December 31, 2022, is as follows: Outstanding Options Exercisable Options Range of Exercise Prices Shares Weighted- Weighted- Shares Weighted- $30.01—$35.00 141,571 .1 33.95 141,571 33.95 $35.01—$40.00 1,019,379 3.1 39.49 1,019,379 39.49 $40.01—$45.00 1,242,665 1.7 42.44 1,242,665 42.44 $45.01—$50.00 – – – – – $50.01—$55.01 849,475 4.1 54.96 849,475 54.96 3,253,090 2.7 $ 44.42 3,253,090 $ 44.42
Summary of Company's Restricted Shares of Stock and Unit Awards	A summary of the status of the Company’s restricted shares of stock and unit awards is presented below: 2022 2021 2020 Year Ended December 31 Shares Weighted- Shares Weighted- Shares Weighted- Outstanding at beginning of period 6,812,753 $ 51.04 6,343,313 $ 51.38 6,606,833 $ 48.99 Granted 4,109,793 55.62 4,512,995 52.54 3,552,923 53.90 Vested (3,690,666 ) 52.88 (3,793,978 ) 53.27 (3,534,770 ) 49.28 Cancelled (351,054 ) 54.95 (249,577 ) 52.83 (281,673 ) 53.51 Outstanding at end of period 6,880,826 $ 52.59 6,812,753 $ 51.04 6,343,313 $ 51.38

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Components of Income Tax Expense	The components of income tax expense were: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Federal Current $ 1,366 $ 1,203 $ 1,146 Deferred (108 ) 469 (291 ) Federal income tax 1,258 1,672 855 State Current 401 398 355 Deferred (196 ) 111 (144 ) State income tax 205 509 211 Total income tax provision $ 1,463 $ 2,181 $ 1,066
Reconciliation of Expected Income Tax Expense at Federal Statutory Rate of 21 Percent to Company's Applicable Income Tax Expense	A reconciliation of expected income tax expense at the federal statutory rate of 21 percent to the Company’s applicable income tax expense follows: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Tax at statutory rate $ 1,533 $ 2,135 $ 1,271 State income tax, at statutory rates, net of federal tax benefit 305 439 240 Tax effect of Tax credits and benefits, net of related expenses (273 ) (331 ) (370 ) Tax-exempt (121 ) (114 ) (117 ) Revaluation of tax related assets and liabilities (a) (79 ) — — Nondeductible legal and regulatory expenses 37 24 29 Other items 61 28 13 Applicable income taxes $ 1,463 $ 2,181 $ 1,066 (a) The 2022 acquisition of MU B
Reconciliation of Changes in Federal, State and Foreign Unrecognized Tax Position Balances	A reconciliation of the changes in the federal, state and foreign uncertain tax position balances are summarized as follows: Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Balance at beginning of period $ 487 $ 474 $ 432 Additions for tax positions taken in prior years 35 14 62 Additions for tax positions taken in the current year 3 7 6 Exam resolutions (8 ) (1 ) (8 ) Statute expirations (4 ) (7 ) (18 ) Balance at end of period $ 513 $ 487 $ 474
Significant Components of the Company's Net Deferred Tax Asset (Liability)	The significant components of the Company’s net deferred tax asset (liability) follows: At December 31 (Dollars in Millions) 2022 2021 Deferred Tax Assets Securities available-for-sale $ 3,992 $ 163 Federal, state and foreign net operating loss , and other carryforwards 2,677 2,331 Allowance for credit losses 1,980 1,561 Loans 1,287 — Accrued expenses 618 568 Obligation for operating leases 368 281 Partnerships and other investment assets 112 — Stock compensation 81 76 Pension and postretirement benefits — 8 Other deferred tax assets, net 501 451 Gross deferred tax assets 11,616 5,439 Deferred Tax Liabilities Leasing activities (1,813 ) (2,263 ) Goodwill and other intangible assets (1,575 ) (845 ) Mortgage servicing rights (815 ) (593 ) Right of use operating leases (325 ) (246 ) Pension and postretirement benefits (172 ) — Fixed assets (125 ) (238 ) Loans — (85 ) Partnerships and other investment assets — (8 ) Other deferred tax liabilities, net (234 ) (127 ) Gross deferred tax liabilities (5,059 ) (4,405 ) Valuation allowance (263 ) (249 ) Net Deferred Tax Asset $ 6,294 $ 785

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
Derivative Instruments (Tables)	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Asset and Liability Management Derivative Positions of Company	The following table summarizes the asset and liability management derivative positions of the Company at December 31: 2022 2021 Notional Fair Value Notional Fair Value (Dollars in Millions) Assets Liabilities Assets Liabilities Fair value hedges Interest rate contracts Receive fixed/pay floating swaps $ 17,400 $ – $ 9 $ 12,350 $ – $ – Pay fixed/receive floating swaps 5,542 – – 16,650 – – Cash flow hedges Interest rate contracts Receive fixed/pay floating swaps 14,300 – – – – – Net investment hedges Foreign exchange forward contracts 778 – – 793 – 4 Other economic hedges Interest rate contracts Futures and forwards Buy 3,546 10 18 9,322 10 16 Sell 7,522 20 38 29,348 25 27 Options Purchased 11,434 346 – 18,570 256 – Written 7,849 7 148 9,662 52 231 Receive fixed/pay floating swaps 9,215 – 3 9,653 – – Pay fixed/receive floating swaps 9,616 – – 7,033 – – Foreign exchange forward contracts 962 2 6 735 2 6 Equity contracts 361 – 10 209 5 – Credit contracts 330 – – – – – Other (a) 1,908 11 190 1,792 – 125 Total $ 90,763 $ 396 $ 422 $ 116,117 $ 350 $ 409 (a) Includes derivative liability swap agreements related to the sale of a portion of the Company’s Class B common and preferred shares of Visa Inc. The Visa swap agreements had a total notional value and fair value of $1.8
Summary of Customer-Related Derivative Positions of Company	The following table summarizes the customer-related derivative positions of the Company at December 31: 2022 2021 Notional Fair Value Notional Fair Value (Dollars in Millions) Assets Liabilities Assets Liabilities Interest rate contracts Receive fixed/pay floating swaps $ 301,690 $ 309 $ 5,689 $ 178,701 $ 2,007 $ 438 Pay fixed/receive floating swaps 316,133 2,323 206 174,176 134 670 Other (a) 40,261 3 16 16,267 1 2 Options Purchased 103,489 1,794 5 89,679 194 36 Written 99,923 6 1,779 85,211 36 176 Futures Buy 3,623 – 4 3,607 – – Sell 2,376 8 – 3,941 – – Foreign exchange rate contracts Forwards, spots and swaps 134,666 3,010 2,548 89,321 1,145 1,143 Options Purchased 954 22 – 805 19 – Written 954 – 22 805 – 19 Credit contracts 10,765 1 8 9,331 1 5 Total $ 1,014,834 $ 7,476 $ 10,277 $ 651,844 $ 3,537 $ 2,489 (a) Primarily represents floating rate interest rate swaps that pay based on differentials between specified interest rate indexes.
Summary of Effective Portion of Gains (Losses) Recognized in Other Comprehensive Income (Loss) and Gains (Losses) Reclassified from Other Comprehensive Income (Loss) into Earnings	The table below shows the effective portion of the gains (losses) recognized in other comprehensive income (loss) and the gains (losses) reclassified from other comprehensive income (loss) into earnings (net-of-tax) Gains (Losses) Recognized in Other Gains (Losses) Reclassified from (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Asset and Liability Management Positions Cash flow hedges Interest rate contracts $ (56 ) $ 94 $ (145 ) $ (27 ) $ (10 ) $(7) Net investment hedges Foreign exchange forward contracts 42 19 (21 ) – – – Non-derivative 59 84 (90 ) – – – Note: The Company does not exclude components from effectiveness testing for cash flow and net investment hedges.
Summary of Effect of Fair Value and Cash Flow Hedge Accounting Included in Interest Expense on Consolidated Statement of Income	The table below shows the effect of fair value and cash flow hedge accounting on the Consolidated Statement of Income for the years ended December 31: Interest Income Interest Expense (Dollars in Millions) 2022 2021 2020 2022 2021 2020 Total amount of income and expense line items presented in the Consolidated Statement of Income in which the effects of fair value or cash flow hedges are recorded $ 17,945 $ 13,487 $ 14,840 $ 3,217 $ 993 $ 2,015 Asset and Liability Management Positions Fair value hedges Interest rate contract derivatives 138 17 1 482 232 (134) Hedged items (139 ) (19 ) (1 ) (486 ) (232 ) 134 Cash flow hedges Interest rate contract derivatives – – – – 14 10 Note: The Company does not exclude components from effectiveness testing for fair value and c ash flo
Summary of Cumulative Hedging Adjustments and the Carrying Amount of Assets and Liabilities Designated in Fair Value Hedges	The table below shows cumulative hedging adjustments and the carrying amount of assets and liabilities designated in fair value hedges at December 31: Carrying Amount of the Cumulative Hedging (a) (Dollars in Millions) 2022 2021 2022 2021 Line Item in the Consolidated Balance Sheet Available-for-sale $ 4,937 $ 16,445 $ (552 ) $(26) Long-term debt 17,190 12,278 (142 ) 585 (a) The cumulative hedging adjustment related to discontinued hedging relationships on available-for-sale
Summary of Gains (Losses) Recognized in Earnings for Other Economic Hedges and Customer-Related Positions	The table below shows the gains (losses) recognized in earnings for other economic hedges and the customer-related positions for the years ended December 31: (Dollars in Millions) Location of Gains (Losses) Recognized in Earnings 2022 2021 2020 Asset and Liability Management Positions Other economic hedges Interest rate contracts Futures and forwards Mortgage banking revenue $ 407 $ 511 $ 82 Purchased and written options Mortgage banking revenue 1 527 1,527 Swaps Mortgage banking revenue/ (1,010 ) (197 ) 598 Foreign exchange forward contracts Other noninterest income (1 ) 1 3 Equity contracts Compensation expense (8 ) 7 3 Other Other noninterest income (181 ) 5 (70 ) Customer-Related Positions Interest rate contracts Swaps Commercial products revenue 98 110 135 Purchased and written options Commercial products revenue 20 (5 ) (8 ) Futures Commercial products revenue 30 3 (18 ) Foreign exchange rate contracts Forwards, spots and swaps Commercial products revenue 100 93 78 Purchased and written options Commercial products revenue 1 1 1 Credit contracts Commercial products revenue - 20 (7 ) (32 )

Netting Arrangements for Cert_2

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities (Tables)	12 Months Ended
	Dec. 31, 2022
Text Block [Abstract]
Summary of Maturities by Category of Collateral Pledged for Repurchase Agreements and Securities Loaned Transactions	The following table summarizes the maturities by category of collateral pledged for repurchase agreements and securities loaned transactions: (Dollars in Millions) Overnight and Less Than 30-89 Greater Than Total December 31, 2022 Repurchase agreements U.S. Treasury and agencies $ 147 $ – $ – $ – $ 147 Residential agency mortgage-backed securities 846 – – – 846 Corporate debt securities 439 – – – 439 Total repurchase agreements 1,432 – – – 1,432 Securities loaned Corporate debt securities 120 – – – 120 Total securities loaned 120 – – – 120 Gross amount of recognized liabilities $ 1,552 $ – $ – $ – $ 1,552 December 31, 2021 Repurchase agreements U.S. Treasury and agencies $ 378 $ – $ – $ – $ 378 Residential agency mortgage-backed securities 551 – – – 551 Corporate debt securities 646 – – – 646 Total repurchase agreements 1,575 – – – 1,575 Securities loaned Corporate debt securities 169 – – – 169 Total securities loaned 169 – – – 169 Gross amount of recognized liabilities $ 1,744 $ – $ – $ – $ 1,744
Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Assets But Available for Offset in Event of Default	The following tables provide information on the Company’s netting adjustments, and items not offset on the Consolidated Balance Sheet but available for offset in the event of default: (Dollars in Millions) Gross Gross Amounts (a) Net Amounts Gross Amounts Not Offset on Financial (b) Collateral (c) Net Amount December 31, 2022 Derivative assets (d) $ 7,852 $ (5,427 ) $ 2,425 $ (231 ) $ (80 ) $ 2,114 Reverse repurchase agreements 107 – 107 (102 ) (5 ) – Securities borrowed 1,606 – 1,606 – (1,548 ) 58 Total $ 9,565 $ (5,427 ) $ 4,138 $ (333 ) $ (1,633 ) $ 2,172 December 31, 2021 Derivative assets (d) $ 3,830 $ (1,609 ) $ 2,221 $ (142 ) $ (106 ) $ 1,973 Reverse repurchase agreements 359 – 359 (249 ) (110 ) – Securities borrowed 1,868 – 1,868 – (1,818 ) 50 Total $ 6,057 $ (1,609 ) $ 4,448 $ (391 ) $ (2,034 ) $ 2,023 (a) Includes $3.0 billion and $528 million of cash collateral related payables that were netted against derivative assets at December 31, 2022 and 2021, respectively. (b) For derivative assets this includes any derivative liability fair values that could be offset in the event of counterparty default; for reverse repurchase agreements this includes any repurchase agreement payables that could be offset in the event of counterparty default; for securities borrowed this includes any securities loaned payables that could be offset in the event of counterparty default. (c) Includes the fair value of securities received by the Company from the counterparty. These securities are not included on the Consolidated Balance Sheet unless the counterparty defaults. (d) Excludes $20 million and $57 million at December 31, 2022 and 2021, respectively, of derivative assets not subject to netting arrangements.
Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Liabilities But Available for Offset in Event of Default	(Dollars in Millions) Gross Gross Amounts (a) Net Amounts Gross Amounts Not Offset on Net Amount Financial (b) Collateral (c) December 31, 2022 Derivative liabilities (d) $ 10,506 $ (4,551 ) $ 5,955 $ (231 ) $ – $ 5,724 Repurchase agreements 1,432 – 1,432 (102 ) (1,325 ) 5 Securities loaned 120 – 120 – (118 ) 2 Total $ 12,058 $ (4,551 ) $ 7,507 $ (333 ) $ (1,443 ) $ 5,731 December 31, 2021 Derivative liabilities (d) $ 2,761 $ (1,589 ) $ 1,172 $ (142 ) $ – $ 1,030 Repurchase agreements 1,575 – 1,575 (249 ) (1,326 ) – Securities loaned 169 – 169 – (167 ) 2 Total $ 4,505 $ (1,589 ) $ 2,916 $ (391 ) $ (1,493 ) $ 1,032 (a) Includes $2.1 billion and $508 million of cash collateral related receivables that were netted against derivative liabilities at December 31, 2022 and 2021, respectively. (b) For derivative liabilities this includes any derivative asset fair values that could be offset in the event of counterparty default; for repurchase agreements this includes any reverse repurchase agreement receivables that could be offset in the event of counterparty default; for securities loaned this includes any securities borrowed receivables that could be offset in the event of counterparty default. (c) Includes the fair value of securities pledged by the Company to the counterparty. These securities are included on the Consolidated Balance Sheet unless the Company defaults. (d) Excludes $193 million and $137 million at December 31, 2022 and 2021, respectively, of derivative liabilities not subject to netting arrangements.

Fair Values of Assets and Lia_2

Fair Values of Assets and Liabilities (Tables)	12 Months Ended
Fair Values of Assets and Liabilities (Tables)	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Valuation Assumption Ranges for MSRs	The following table shows the significant valuation assumption ranges for MSRs at December 31, 2022: Minimum Maximum Weighted- (a) Expected prepayment 5 % 17 % 8 % Option adjusted spread 5 11 6 (a) Determined based on the relative fair value of the related mortgage loans serviced.
Valuation Assumption Ranges for Derivative Commitments	The following table shows the significant valuation assumption ranges for the Company’s derivative commitments to purchase and originate mortgage loans at December 31, 2022: Minimum Maximum Weighted- (a) Expected loan close rate 3 % 100 % 81 % Inherent MSR value (basis points per loan) 31 187 112 (a) Determined based on the relative fair value of the related mortgage loans.
Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in Millions) Level 1 Level 2 Level 3 Netting Total December 31, 2022 Available-for-sale U.S. Treasury and agencies $ 13,723 $ 8,310 $ – $ – $ 22,033 Mortgage-backed securities Residential agency – 29,271 – – 29,271 Commercial Agency – 7,145 – – 7,145 Non-agency – 7 – – 7 Asset-backed securities – 4,323 – – 4,323 Obligations of state and political subdivisions – 10,124 1 – 10,125 Other – 6 – – 6 Total available-for-sale 13,723 59,186 1 – 72,910 Mortgage loans held for sale – 1,849 – – 1,849 Mortgage servicing rights – – 3,755 – 3,755 Derivative assets 9 6,608 1,255 (5,427 ) 2,445 Other assets 248 1,756 – – 2,004 Total $ 13,980 $ 69,399 $ 5,011 $ (5,427 ) $ 82,963 Derivative liabilities $ 4 $ 6,241 $ 4,454 $ (4,551 ) $ 6,148 Short-term borrowings and other liabilities (a) 125 1,564 – – 1,689 Total $ 129 $ 7,805 $ 4,454 $ (4,551 ) $ 7,837 December 31, 2021 Available-for-sale U.S. Treasury and agencies $ 30,917 $ 5,692 $ – $ – $ 36,609 Mortgage-backed securities Residential agency – 77,079 – – 77,079 Commercial agency – 8,485 – – 8,485 Asset-backed securities – 59 7 – 66 Obligations of state and political subdivisions – 10,716 1 – 10,717 Other – 7 – – 7 Total available-for-sale 30,917 102,038 8 – 132,963 Mortgage loans held for sale – 6,623 – – 6,623 Mortgage servicing rights – – 2,953 – 2,953 Derivative assets 8 2,490 1,389 (1,609 ) 2,278 Other assets 278 1,921 – – 2,199 Total $ 31,203 $ 113,072 $ 4,350 $ (1,609 ) $ 147,016 Derivative liabilities $ – $ 2,308 $ 590 $ (1,589 ) $ 1,309 Short-term borrowings and other liabilities (a) 209 1,837 – – 2,046 Total $ 209 $ 4,145 $ 590 $ (1,589 ) $ 3,355 Note: Excluded from the table above are equity investments without readily determinable fair values. The Company has elected to carry these investments at historical cost, adjusted for impairment and any changes resulting from observable price changes for identical or similar investments of the issuer. The aggregate carrying amount of these equity investments was $104 million and $79 million at December 31, 2022 and 2021, respectively. The Company has not recorded impairments or adjustments for observable price changes on these equity investments during 2022 and 2021, or on a cumulative basis. (a) Primarily represents the Company’s obligation on securities sold short required to be accounted for at fair value per applicable accounting guidance.
Changes in Fair Value for All Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3)	The following table presents the changes in fair value for all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31: (Dollars in Millions) Beginning of Period Balance Net Gains (Losses) Included in Net Income Net Gains (Losses) Included in Other Comprehensive Income (Loss) Purchases Sales Principal Payments Issuances Settlements Transfers into Level 3 End of Balance Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period 2022 Available-for-sale Asset- backed $ 7 $ – $ (3 ) $ – $ (4 ) $ – $ – $ – $ – $ – $ – Obligations of state and 1 – – – – – – – – 1 – Total available 8 – (3 ) – (4 ) – – – – 1 – Mortgage 2,953 311 (a) – 156 (255 ) – 590 (c) – – 3,755 311 (a) Net derivative assets and liabilities 799 (5,940 ) (b) – 716 (36 ) – 11 1,251 – (3,199 ) (3,538 ) (d) 2021 Available-for-sale Asset- backed $ 7 $ – $ 1 $ – $ – $ (1 ) $ – $ – $ – $ 7 $ 1 Obligations of state and 1 – – – – – – – – 1 – Total available 8 – 1 – – (1 ) – – – 8 1 Mortgage 2,210 (437 ) (a) – 42 2 – 1,136 (c) – – 2,953 (437 ) (a) Net derivative assets and liabilities 2,326 (924 ) (e) – 337 (3 ) – – (937 ) – 799 (968 ) (f) 2020 Available-for-sale Asset- backed $ 8 $ – $ – $ – $ – $ (1 ) $ – $ – $ – $ 7 $ – Obligations of state and 1 – – – – – – – – 1 – Total available 9 – – – – (1 ) – – – 8 – Mortgage 2,546 (1,403 ) (a) – 34 3 – 1,030 (c) – – 2,210 (1,403 ) (a) Net derivative assets and liabilities 810 2,922 (g) – 247 (3 ) – – (1,650 ) – 2,326 1,649 (h) (a) Included in mortgage banking revenue. (b) Approximately $(141) million, $(5.6) billion and $(181) million included in mortgage banking revenue commercial products revenue other noninterest income (c) Represents MSRs capitalized during the period. (d) Approximately $5 million, $(3.4) billion and $(181) million included in mortgage banking revenue commercial products revenue other noninterest income (e) Approximately $666 mortgage banking revenue commercial products revenue other noninterest income (f) Approximately $42 million, $(1.0) billion and $5 million included in mortgage banking revenue commercial products revenue other noninterest income (g) Approximately $1.9 billion, $1.1 billion and $(70) million included in mortgage banking revenue commercial products revenue other noninterest income (h) Approximately $247 million, $1.5 billion and $(70) million included in mortgage banking revenue commercial products revenue other noninterest income
Adjusted Carrying Values for Assets Measured at Fair Value on Nonrecurring Basis	The following table summarizes the balances as of the measurement date of assets measured at fair value on a nonrecurring basis, and still held as of December 31: 2022 2021 (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Loans (a) $ – $ – $ 97 $ 97 $ – $ – $ 59 $ 59 Other assets (b) – – 21 21 – – 77 77 (a) Represents the carrying value of loans for which adjustments were based on the fair value of the collateral, excluding loans fully charged-off. (b) Primarily represents the fair value of foreclosed properties that were measured at fair value based on an appraisal or broker price opinion of the collateral subsequent to their initial acquisition.
Losses Recognized Related to Nonrecurring Fair Value Measurements of Individual Assets or Portfolios	The following table summarizes losses recognized related to nonrecurring fair value measurements of individual assets or portfolios for the years ended December 31: (Dollars in Millions) 2022 2021 2020 Loans (a) $ 40 $ 60 $ 426 Other assets (b) 20 25 21 (a) Represents write-downs of loans which were based on the fair value of the collateral, excluding loans fully charged-off. (b) Primarily represents related losses of foreclosed properties that were measured at fair value subsequent to their initial acquisition.
Differences Between Aggregate Fair Value Carrying Amount of MLHFS for which Fair Value Option has been Elected and Aggregate Unpaid Principal Amount Contractually Obligated to Receive at Maturity	The following table summarizes the differences between the aggregate fair value carrying amount of MLHFS for which the fair value option has been elected and the aggregate unpaid principal amount that the Company is contractually obligated to receive at maturity as of December 31 : 2022 2021 (Dollars in Millions) Fair Value Aggregate Carrying Fair Value Aggregate Carrying Total loans $1,849 $1,848 $1 $6,623 $6,453 $170 Nonaccrual loans 1 1 – 1 1 – Loans 90 days or more past due 1 1 – 2 2 –
Estimated Fair Values of Financial Instruments	The estimated fair values of the Company’s financial instruments as of December 31, are shown in the table below: 2022 2021 Carrying Amount Fair Value Carrying Amount Fair Value (Dollars in Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 53,542 $ 53,542 $ – $ – $ 53,542 $ 28,905 $ 28,905 $ – $ – $ 28,905 Federal funds sold and securities purchased under resale agreements 356 – 356 – 356 359 – 359 – 359 Investment securities held-to-maturity 88,740 1,293 76,581 – 77,874 41,858 – 41,812 – 41,812 Loans held for sale (a) 351 – – 351 351 1,152 – – 1,152 1,152 Loans 318,277 – – 368,874 368,874 306,304 – – 312,724 312,724 Other (b) 2,962 – 2,224 738 2,962 1,521 – 630 891 1,521 Financial Liabilities Time deposits 32,946 – 32,338 – 32,338 22,665 – 22,644 – 22,644 Short-term borrowings (c) 29,527 – 29,145 – 29,145 9,750 – 9,646 – 9,646 Long-term debt 39,829 – 37,622 – 37,622 32,125 – 32,547 – 32,547 Other (d) 5,137 – 1,500 3,637 5,137 3,862 – 1,170 2,692 3,862 (a) Excludes mortgages held for sale for which the fair value option under applicable accounting guidance was elected. (b) Includes investments in Federal Reserve Bank and Federal Home Loan Bank stock and tax-advantaged (c) Excludes the Company’s obligation on securities sold short required to be accounted for at fair value per applicable accounting guidance. (d) Includes operating lease liabilities and liabilities related to tax-advantaged

Guarantees and Contingent Lia_2

Guarantees and Contingent Liabilities (Tables)	12 Months Ended
Guarantees and Contingent Liabilities (Tables)	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Contract or Notional Amounts of Unfunded Commitments to Extend Credit	The contract or notional amounts of unfunded commitments to extend credit at December 31, 2022, excluding those commitments considered derivatives, were as follows: Term (Dollars in Millions) Less Than Greater Total Commercial and commercial real estate loans $ 43,294 $ 139,630 $ 182,924 Corporate and purchasing card loans (a) 34,491 — 34,491 Residential mortgages 214 1 215 Retail credit card loans (a) 120,730 — 120,730 Other retail loans 15,012 27,641 42,653 Other 6,419 — 6,419 (a) Primarily cancelable at the Company’s discretion.
Summary of Other Guarantees and Contingent Liabilities	The following table is a summary of other guarantees and contingent liabilities of the Company at December 31, 2022: (Dollars in Millions) Collateral Carrying Maximum Standby letters of credit $ — $ 19 $ 10,813 Third party borrowing arrangements — — 7 Securities lending indemnifications 6,876 — 6,685 Asset sales — 102 8,261 Merchant processing 818 118 134,611 Tender option bond program guarantee 1,508 — 1,501 Other — 21 2,032
Contract or Notional Amount of Letters of Credit	The contract or notional amount of letters of credit at December 31, 2022, were as follows: Term (Dollars in Millions) Less Than Greater Total Standby $ 5,110 $ 5,703 $ 10,813 Commercial 460 172 632

Business Segments (Tables)

Business Segments (Tables)	12 Months Ended
Business Segments (Tables)	Dec. 31, 2022
Text Block [Abstract]
Business Segments Reporting Information Details	Business segment results for the years ended December 31 were as follows: Corporate and Commercial Banking Consumer and Business Banking Wealth Management and Investment Services (Dollars in Millions) 2022 2021 2022 2021 2022 2021 Condensed Income Statement Net interest income (taxable-equivalent basis) $ 3,468 $ 2,853 $ 6,904 $ 6,085 $ 1,624 $ 1,002 Noninterest income 1,008 1,039 1,556 2,496 2,553 2,222 Total net revenue 4,476 3,892 8,460 8,581 4,177 3,224 Nointerest expense 1,872 1,741 5,824 5,575 2,417 2,094 Income (loss) before provision and income taxes 2,604 2,151 2,636 3,006 1,760 1,130 Provision for credit losses 149 65 228 (136 ) 9 7 Income (loss) before income taxes 2,455 2,086 2,408 3,142 1,751 1,123 Income taxes and taxable-equivalent adjustment 614 522 602 785 438 281 Net income (loss) 1,841 1,564 1,806 2,357 1,313 842 Net (income) loss attributable to noncontrolling interests – – – – – – Net income (loss) attributable to U.S. Bancorp $ 1,841 $ 1,564 $ 1,806 $ 2,357 $ 1,313 $ 842 Average Balance Sheet Loans $ 127,916 $ 103,404 $ 145,079 $ 140,890 $ 22,410 $ 18,095 Other earning assets 4,532 4,537 3,117 8,093 273 242 Goodwill 1,915 1,715 3,249 3,429 1,720 1,628 Other intangible assets 57 5 3,785 2,761 308 84 Assets 143,370 115,423 160,713 161,385 26,036 21,303 Noninterest-bearing deposits 57,451 61,991 32,256 33,063 24,721 24,663 Interest-bearing deposits 97,169 71,711 167,938 157,592 73,461 76,000 Total deposits 154,620 133,702 200,194 190,655 98,182 100,663 Total U.S. Bancorp shareholders’ equity 14,403 13,906 12,550 12,319 3,675 3,154 Payment Services Treasury and Consolidated Company (Dollars in Millions) 2022 2021 2022 2021 2022 2021 Condensed Income Statement Net interest income (taxable-equivalent basis) $ 2,498 $ 2,457 $ 352 $ 203 $ 14,846 $ 12,600 Noninterest income 3,799 (a) 3,550 (a) 540 920 9,456 (b) 10,227 (b) Total net revenue 6,297 6,007 892 1,123 24,302 22,827 Noninterest expense 3,551 3,386 1,242 932 14,906 13,728 Income (loss) before provision and income taxes 2,746 2,621 (350 ) 191 9,396 9,099 Provision for credit losses 980 349 611 (1,458 ) 1,977 (1,173 ) Income (loss) before income taxes 1,766 2,272 (961 ) 1,649 7,419 10,272 Income taxes and taxable-equivalent adjustment 442 568 (515 ) 131 1,581 2,287 Net income (loss) 1,324 1,704 (446 ) 1,518 5,838 7,985 Net (income) loss attributable to noncontrolling interests – – (13 ) (22 ) (13 ) (22 ) Net income (loss) attributable to U.S. Bancorp $ 1,324 $ 1,704 $ (459 ) $ 1,496 $ 5,825 $ 7,963 Average Balance Sheet Loans $ 34,627 $ 30,856 $ 3,541 $ 3,720 $ 333,573 $ 296,965 Other earning assets 634 93 203,214 196,211 211,770 209,176 Goodwill 3,305 3,184 – – 10,189 9,956 Other intangible assets 423 507 4 – 4,577 3,357 Assets 41,109 36,549 220,921 221,872 592,149 556,532 Noninterest-bearing deposits 3,410 4,861 2,556 2,626 120,394 127,204 Interest-bearing deposits 162 145 3,260 1,629 341,990 307,077 Total deposits 3,572 5,006 5,816 4,255 462,384 434,281 Total U.S. Bancorp shareholders’ equity 8,235 7,642 11,553 16,789 50,416 53,810 (a) Presented net of related rewards and rebate costs and certain partner payments of $2.9 billion and $2.5 billion for 2022 and 2021, respectively. (b) Includes revenue generated from certain contracts with customers of $8.0 billion and $ billion for 2022 and 2021, respectively.

U.S. Bancorp (Parent Company) (

U.S. Bancorp (Parent Company) (Tables)	12 Months Ended
U.S. Bancorp (Parent Company) (Tables)	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Statement of Financial Position of Parent Company Only	Condensed Balance Sheet At December 31 (Dollars in Millions) 2022 2021 Assets Due from banks, principally interest-bearing $ 5,288 $ 8,369 Available-for-sale 672 1,209 Investments in bank subsidiaries 59,202 51,432 Investments in nonbank subsidiaries 3,575 3,632 Advances to bank subsidiaries 9,100 9,600 Advances to nonbank subsidiaries 150 707 Other assets 1,101 898 Total assets $ 79,088 $ 75,847 Liabilities and Shareholders’ Equity Long-term debt $ 26,983 $ 18,902 Other liabilities 1,339 2,027 Shareholders’ equity 50,766 54,918 Total liabilities and shareholders’ equity $ 79,088 $ 75,847
Condensed Income Statement of Parent Company Only	Condensed Income Statement Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Income Dividends from bank subsidiaries $ 4,750 $ 7,000 $ 1,500 Dividends from nonbank subsidiaries 105 2 24 Interest from subsidiaries 119 112 172 Other income 31 46 85 Total income 5,005 7,160 1,781 Expense Interest expense 505 348 433 Other expense 162 154 140 Total expense 667 502 573 Income before income taxes and equity in undistributed income of subsidiaries 4,338 6,658 1,208 Applicable income taxes (138 ) (53 ) (78 ) Income of parent company 4,476 6,711 1,286 Equity in undistributed income of subsidiaries 1,349 1,252 3,673 Net income attributable to U.S. Bancorp $ 5,825 $ 7,963 $ 4,959
Condensed Statement of Cash Flows of Parent Company Only	Condensed Statement of Cash Flows Year Ended December 31 (Dollars in Millions) 2022 2021 2020 Operating Activities Net income a t $ 5,825 $ 7,963 $ 4,959 Adjustments to reconcile net income to net cash provided by operating activities Equity in undistributed income of subsidiaries (1,349 ) (1,252 ) (3,673 ) Other, net (398 ) (85 ) 907 Net cash provided by operating activities 4,078 6,626 2,193 Investing Activities Proceeds from sales and maturities of investment securities 423 200 258 Investments in subsidiaries (5,030 ) – – Net decrease in short-term advances to subsidiaries 557 411 347 Long-term advances to subsidiaries (2,000 ) (7,000 ) – Principal collected on long-term advances to subsidiaries 2,500 1,250 – Cash paid for acquisition (5,500 ) – – Other, net (173 ) (269 ) 379 Net cash provided by (used in) investing activities (9,223 ) (5,408 ) 984 Financing Activities Net decrease in short-term borrowings – – (8 ) Proceeds from issuance of long-term debt 8,150 1,300 2,750 Principal payments or redemption of long-term debt (2,300 ) (3,000 ) (1,200 ) Proceeds from issuance of preferred stock 437 2,221 486 Proceeds from issuance of common stock 21 43 15 Repurchase of preferred stock (1,100 ) (1,250 ) – Repurchase of common stock (69 ) (1,555 ) (1,672 ) Cash dividends paid on preferred stock (299 ) (308 ) (300 ) Cash dividends paid on common stock (2,776 ) (2,579 ) (2,552 ) Net cash provided by (used in) financing activities 2,064 (5,128 ) (2,481 ) Change in cash and due from banks (3,081 ) (3,910 ) 696 Cash and due from banks at beginning of year 8,369 12,279 11,583 Cash and due from banks at end of year $ 5,288 $ 8,369 $ 12,279

Business Combinations - Summary

Business Combinations - Summary of Preliminary Fair Value of The Identifiable Tangible and Intangible Assets and Liabilities (Detail) - USD ($) $ in Millions			12 Months Ended
	Dec. 01, 2022		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Liabilities
Goodwill			$ 12,373	$ 10,262	$ 9,918	$ 9,655
MUFG Union Bank [Member]
Acquisition consideration
Cash	$ 5,500
Market value of shares of common stock	2,014
Total consideration transferred at acquisition close date	7,514
Discounted liability to Mitsubishi UFJ Financial Group, Inc. (a)	2,944	[1]	(2,900)
Total	10,458
Assets
Cash and due from banks	17,757
Investment securities	22,725
Loans held for sale	2,220
Loans	53,374
Less allowance for loan losses	(336)
Net loans	53,038
Premises and Equipment	646
Other intangible assets (excluding goodwill)	2,883
Other assets	4,719
Total assets	103,988
Liabilities
Deposits	86,108
Short-term borrowings	4,207
Long-term debt	2,584
Other liabilities	2,854
Total liabilities	95,753
Less: Net assets	8,235
Goodwill	$ 2,223		$ 2,200

[1]Represents $3.5 billion of noninterest-bearing additional capital held by MUB upon close of the acquisition to be delivered to Mitsubishi UFJ Financial Group, Inc. on or prior to December 1, 2027, discounted at the Company’s 5-year unsecured borrowing rate as of the acquisition date, per authoritative accounting guidance.

Business Combinations - Summa_2

Business Combinations - Summary of Preliminary Fair Value of The Identifiable Tangible and Intangible Assets and Liabilities (Parenthetical) (Detail) $ in Billions	Dec. 01, 2022 USD ($)
MUFG Union Bank [Member]
Business Acquisition [Line Items]
Discounted liability for excess capital received	$ 3.5

Business Combinations - Summa_3

Business Combinations - Summary of Fair Value and Unpaid Principal Balance of The Loans (Detail) - MUFG Union Bank [Member] $ in Millions	Dec. 01, 2022 USD ($)
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	$ 56,120
Fair Value	53,038
Commercial [Member]
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	11,771
Fair Value	11,366
Commercial real estate [Member]
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	14,397
Fair Value	13,843
Residential mortgages [Member]
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	28,256
Fair Value	26,247
Credit Card [Member]
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	299
Fair Value	212
Other retail [Member]
Schedule Of Business Acquisition Acquired Financing Receivable Fair Value And Unpaid Principal Balance [Line Items]
Unpaid Principal Balance	1,397
Fair Value	$ 1,370

Business Combinations - Summa_4

Business Combinations - Summary of Other Intangible Assets (Detail) - MUFG Union Bank [Member] $ in Millions	Dec. 01, 2022 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 2,883
Mortgage servicing rights [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 147	[1]
Core deposit benefits [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Life	10 years
Amortization Method	Accelerated
Fair Value	$ 2,710
Other [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Life	11 years
Amortization Method	Accelerated
Fair Value	$ 26

[1]Mortgage servicing rights are recorded at fair value and are not amortized.

Business Combinations - Summa_5

Business Combinations - Summary of Business Acquisition Financial Results Included in the Consolidated Statement of Income (Detail) - MUFG Union Bank [Member] $ in Millions	1 Months Ended
	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Net interest income	$ 255
Noninterest income	(38)
Net income loss	$ (562)

Business Combinations - Summa_6

Business Combinations - Summary of Business Acquisition Pro Forma Information (Detail) - MUFG Union Bank [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition Pro Forma Information [Line Items]
Net interest income	$ 17,541	$ 14,958
Noninterest income	10,068	11,071
Net income	$ 7,184	$ 7,187

Business Combinations - Summa_7

Business Combinations - Summary of Purchase Price of PCD Loans (Detail) - MUFG Union Bank [Member] - Financial Asset Acquired with Credit Deterioration [Member] $ in Millions	Dec. 01, 2022 USD ($)
Schedule Of Determination Of The Purchase Price Of PCD Loans At The Acquisition Date [Line Items]
Principal balance	$ 5,097
Allowance for credit losses at acquisition	(336)
Non-credit discount	(213)
Purchase price	$ 4,548

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions		12 Months Ended
	Dec. 01, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Business acquisition, transaction costs		$ 329	$ 0	$ 0
Goodwill		12,373	10,262	9,918	$ 9,655
Financing receivable, allowance for credit loss		7,404	$ 6,155	$ 8,010	$ 4,491
MUFG Union Bank [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross	$ 5,500
Business combination, price of acquisition, expected	6,250
Discounted liability to MUFG for excess capital received	3,500
Business acquisition, transaction costs		329
Goodwill	2,223	2,200
Financing receivable, allowance for credit loss		$ 662
Business combination acquired receivables fair value	53,038
Business combination acquired receivable unpaid principal balance	56,120
MUFG Union Bank [Member] \| Financial Asset Acquired with Credit Deterioration [Member]
Business Acquisition [Line Items]
Financing receivable, allowance for credit loss	336
Business combination acquired receivables fair value	4,500
Business combination acquired receivable unpaid principal balance	5,100
MUFG Union Bank [Member] \| Financial Asset Acquired and No Credit Deterioration [Member]
Business Acquisition [Line Items]
Financing receivable, allowance for credit loss	662
Business combination acquired receivables fair value	48,500
Business combination acquired receivable unpaid principal balance	$ 51,000
MUFG Union Bank [Member] \| Common Stock [Member]
Business Acquisition [Line Items]
Business acquisition, Equity interest issued or issuable, Number of shares	44

Restrictions on Cash and Due _2

Restrictions on Cash and Due from Banks - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Minimum Average Reserve Balances Required By Banking Regulators	$ 45	$ 78
Balances held at the central banks and other financial institutions	$ 41,600	$ 23,000

Investment Securities - Availab

Investment Securities - Available-for-Sale and Held-to-Maturity (Detail) - USD ($) $ in Millions		Dec. 31, 2022		Dec. 31, 2021
Debt Securities Available For Sale And Held To Maturity [Line Items]
Held-to-maturity securities, Amortized Cost		$ 88,740	[1],[2]	$ 41,858
Held-to-maturity securities, Unrealized Gains		3		2
Held-to-maturity securities, Unrealized Losses		(10,869)		(48)
Held-to-maturity securities, Fair Value		77,874	[1],[2]	41,812
Available-for-sale Securities, Amortized Cost		81,450	[2]	132,241
Available-for-sale securities, Unrealized Gains		26		1,534
Available-for-sale securities, Unrealized Losses		(8,566)		(812)
Available-for-sale securities, Fair Value	[3]	72,910	[2]	132,963
U.S. Treasury and Agencies [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Held-to-maturity securities, Amortized Cost		1,344
Held-to-maturity securities, Unrealized Losses		(51)
Held-to-maturity securities, Fair Value		1,293
Available-for-sale Securities, Amortized Cost		24,801		36,648
Available-for-sale securities, Unrealized Gains		1		205
Available-for-sale securities, Unrealized Losses		(2,769)		(244)
Available-for-sale securities, Fair Value		22,033		36,609
Residential Mortgage-Backed Securities [Member] \| Agency [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Held-to-maturity securities, Amortized Cost		85,693		41,858
Held-to-maturity securities, Unrealized Gains		2		2
Held-to-maturity securities, Unrealized Losses		(10,810)		(48)
Held-to-maturity securities, Fair Value		74,885		41,812
Available-for-sale Securities, Amortized Cost		32,060		76,761
Available-for-sale securities, Unrealized Gains		8		665
Available-for-sale securities, Unrealized Losses		(2,797)		(347)
Available-for-sale securities, Fair Value		29,271		77,079
Commercial [Member] \| Agency [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Held-to-maturity securities, Amortized Cost		1,703
Held-to-maturity securities, Unrealized Gains		1
Held-to-maturity securities, Unrealized Losses		(8)
Held-to-maturity securities, Fair Value		1,696
Available-for-sale Securities, Amortized Cost		8,736		8,633
Available-for-sale securities, Unrealized Gains				53
Available-for-sale securities, Unrealized Losses		(1,591)		(201)
Available-for-sale securities, Fair Value		7,145		8,485
Commercial [Member] \| Non Agency Securities [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Available-for-sale Securities, Amortized Cost		7
Available-for-sale securities, Fair Value		7
Asset-Backed Securities [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Available-for-sale Securities, Amortized Cost		4,356		62
Available-for-sale securities, Unrealized Gains		5		4
Available-for-sale securities, Unrealized Losses		(38)
Available-for-sale securities, Fair Value		4,323		66
Obligations of State and Political Subdivisions [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Available-for-sale Securities, Amortized Cost		11,484	[4],[5]	10,130
Available-for-sale securities, Unrealized Gains		12		607
Available-for-sale securities, Unrealized Losses		(1,371)		(20)
Available-for-sale securities, Fair Value		10,125	[4],[5]	10,717
Other [Member]
Debt Securities Available For Sale And Held To Maturity [Line Items]
Available-for-sale Securities, Amortized Cost		6		7
Available-for-sale securities, Fair Value		$ 6		$ 7

[1]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.[3]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[4]Information related to obligations of state and political subdivisions is presented based upon yield to first optional call date if the security is purchased at a premium, and yield to maturity if the security is purchased at par or a discount.[5]Maturity calculations for obligations of state and political subdivisions are based on the first optional call date for securities with a fair value above par and the contractual maturity date for securities with a fair value equal to or below par.

Investment Securities - Amount

Investment Securities - Amount of Interest Income from Taxable and Non-Taxable Investment Securities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest Income, Securities, Operating, by Taxable Status [Abstract]
Taxable	$ 3,081	$ 2,103	$ 2,201
Non-taxable	297	262	227
Total interest income from investment securities	$ 3,378	$ 2,365	$ 2,428

Investment Securities - Amoun_2

Investment Securities - Amount of Gross Gains and Losses Realized through Sales of Available-for-Sale Investment Securities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale, Realized Gain (Loss) [Abstract]
Realized gains	$ 163	$ 122	$ 200
Realized losses	(143)	(19)	(23)
Net realized gains	20	103	177
Income tax on net realized gains	$ 5	$ 26	$ 45

Investment Securities - Additio

Investment Securities - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Transfer of amortized cost of available for sale debt securities to held to maturity securities	$ 45,100
Transfer of available for sale debt securities to held to maturity securities	40,700
Debt securities, Held to maturity, Allowance for credit loss	0
Asset Pledged as Collateral [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of securities pledged	15,300	$ 30,700
Asset Pledged as Collateral with Right [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of securities pledged	$ 858	$ 557

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses and Fair Value of Company's Investment Securities (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	$ 47,877
Unrealized Losses Less Than 12 Months	(3,947)
Fair Value 12 Months or Greater	21,921
Unrealized Losses 12 Months or Greater	(4,619)
Fair Value Total	69,798
Unrealized Losses Total	(8,566)
U.S. Treasury and Agencies [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	13,265
Unrealized Losses Less Than 12 Months	(1,193)
Fair Value 12 Months or Greater	7,962
Unrealized Losses 12 Months or Greater	(1,576)
Fair Value Total	21,227
Unrealized Losses Total	(2,769)
Residential Mortgage-Backed Securities [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	20,854
Unrealized Losses Less Than 12 Months	(1,461)
Fair Value 12 Months or Greater	7,752
Unrealized Losses 12 Months or Greater	(1,336)
Fair Value Total	28,606
Unrealized Losses Total	(2,797)
Asset-Backed Securities [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	3,476
Unrealized Losses Less Than 12 Months	(38)
Fair Value 12 Months or Greater	0
Unrealized Losses 12 Months or Greater	0
Fair Value Total	3,476
Unrealized Losses Total	(38)
Obligations of State and Political Subdivisions [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	8,246
Unrealized Losses Less Than 12 Months	(944)
Fair Value 12 Months or Greater	1,088
Unrealized Losses 12 Months or Greater	(427)
Fair Value Total	9,334
Unrealized Losses Total	(1,371)
Other [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	0
Unrealized Losses Less Than 12 Months	0
Fair Value 12 Months or Greater	4
Unrealized Losses 12 Months or Greater	0
Fair Value Total	4
Unrealized Losses Total	0
Agency Securities [Member] \| Commercial Mortgage Backed Securities [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	2,029
Unrealized Losses Less Than 12 Months	(311)
Fair Value 12 Months or Greater	5,115
Unrealized Losses 12 Months or Greater	(1,280)
Fair Value Total	7,144
Unrealized Losses Total	(1,591)
Non Agency Securities [Member] \| Commercial Mortgage Backed Securities [Member]
Continuous Gross Unrealized Losses And Fair Value [Abstract]
Fair Value Less Than 12 Months	7
Unrealized Losses Less Than 12 Months	0
Fair Value 12 Months or Greater	0
Unrealized Losses 12 Months or Greater	0
Fair Value Total	7
Unrealized Losses Total	$ 0

Investment Securities - Amortiz

Investment Securities - Amortized Cost, Fair Value and Yield by Maturity Date (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, Amortized Cost		$ 81,450	[1]	$ 132,241
Available-for-sale securities, total, fair value	[2]	$ 72,910	[1]	$ 132,963
Available-for-sale securities, total, weighted-average maturity in years		7 years 4 months 24 days	[1]	5 years 6 months
Available-for-sale securities, total, weighted-average yield		2.94%	[1],[3]	1.73%
Held-to-maturity securities, Amortized Cost		$ 88,740	[1],[4]	$ 41,858
Held-to-maturity securities, total, fair value		$ 77,874	[1],[4]	$ 41,812
Held-to-maturity securities, total, weighted-average maturity in years	[1],[4]	9 years 2 months 12 days
Held-to-maturity securities, total, weighted-average yield		2.18%	[1],[3],[4]	1.45%
U.S. Treasury and Agencies [Member]
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, maturing in one year or less, amortized cost		$ 259
Available-for-sale securities, maturing after one year through five years, amortized cost		4,900
Available-for-sale securities, maturing after five years through ten years, amortized cost		15,937
Available-for-sale securities, maturing after ten years, amortized cost		3,705
Available-for-sale securities, Amortized Cost		24,801		$ 36,648
Available-for-sale securities, maturing in one year or less, fair value		259
Available-for-sale securities, maturing after one year through five years, fair value		4,606
Available-for-sale securities, maturing after five years through ten years, fair value		14,114
Available-for-sale securities, maturing after ten years, fair value		3,054
Available-for-sale securities, total, fair value		$ 22,033		36,609
Available-for-sale securities, maturing in one year or less, weighted-average maturity in years		4 months 24 days
Available-for-sale securities, maturing after one year through five years, weighted-average maturity in years		3 years 9 months 18 days
Available-for-sale securities, maturing after five years through ten years, weighted-average maturity in years		7 years
Available-for-sale securities, maturing after ten years, weighted- average maturity in years		12 years
Available-for-sale securities, total, weighted-average maturity in years		7 years 1 month 6 days
Available-for-sale securities, maturing in one year or less, weighted-average yield	[3]	4.72%
Available-for-sale securities, maturing after one year through five years, weighted-average yield	[3]	2.51%
Available-for-sale securities, maturing after five years through ten years, weighted-average yield	[3]	2.24%
Available-for-sale securities, maturing after ten years, weighted-average yield	[3]	2.97%
Available-for-sale securities, total, weighted-average yield	[3]	2.43%
Held-to-maturity securities, maturing in one year or less, amortized cost		$ 0
Held-to-maturity securities, maturing after one year through five years, amortized cost		1,344
Held-to-maturity securities, maturing after five years through ten years, amortized cost		0
Held-to-maturity securities, maturing after ten years, amortized cost		0
Held-to-maturity securities, Amortized Cost		1,344
Held-to-maturity securities, maturing in one year or less, fair value		0
Held-to-maturity securities, maturing after one year through five years, fair value		1,293
Held-to-maturity securities, maturing after five years through ten years, fair value		0
Held-to-maturity securities, maturing after ten years, fair value		0
Held-to-maturity securities, total, fair value		$ 1,293
Held-to-maturity securities, maturing after one year through five years, weighted-average maturity in years		3 years 3 months 18 days
Held-to-maturity securities, total, weighted-average maturity in years		3 years 3 months 18 days
Held-to-maturity securities, maturing in one year or less, weighted-average yield	[3]	0%
Held-to-maturity securities, maturing after one year through five years, weighted-average yield	[3]	2.85%
Held-to-maturity securities, maturing after five years through ten years, weighted-average yield	[3]	0%
Held-to-maturity securities, maturing after ten years, weighted-average yield	[3]	0%
Held-to-maturity securities, total, weighted-average yield	[3]	2.85%
Mortgage-Backed Securities [Member]
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, maturing in one year or less, amortized cost	[4]	$ 44
Available-for-sale securities, maturing after one year through five years, amortized cost	[4]	10,976
Available-for-sale securities, maturing after five years through ten years, amortized cost	[4]	28,277
Available-for-sale securities, maturing after ten years, amortized cost	[4]	1,506
Available-for-sale securities, Amortized Cost	[4]	40,803
Available-for-sale securities, maturing in one year or less, fair value	[4]	43
Available-for-sale securities, maturing after one year through five years, fair value	[4]	10,242
Available-for-sale securities, maturing after five years through ten years, fair value	[4]	24,827
Available-for-sale securities, maturing after ten years, fair value	[4]	1,311
Available-for-sale securities, total, fair value	[4]	$ 36,423
Available-for-sale securities, maturing in one year or less, weighted-average maturity in years	[4]	9 months 18 days
Available-for-sale securities, maturing after one year through five years, weighted-average maturity in years	[4]	3 years 1 month 6 days
Available-for-sale securities, maturing after five years through ten years, weighted-average maturity in years	[4]	7 years 8 months 12 days
Available-for-sale securities, maturing after ten years, weighted- average maturity in years	[4]	11 years 2 months 12 days
Available-for-sale securities, total, weighted-average maturity in years	[4]	6 years 7 months 6 days
Available-for-sale securities, maturing in one year or less, weighted-average yield	[3],[4]	2.55%
Available-for-sale securities, maturing after one year through five years, weighted-average yield	[3],[4]	2.33%
Available-for-sale securities, maturing after five years through ten years, weighted-average yield	[3],[4]	3%
Available-for-sale securities, maturing after ten years, weighted-average yield	[3],[4]	3.54%
Available-for-sale securities, total, weighted-average yield	[3],[4]	2.83%
Held-to-maturity securities, maturing in one year or less, amortized cost	[4]	$ 19
Held-to-maturity securities, maturing after one year through five years, amortized cost	[4]	1,549
Held-to-maturity securities, maturing after five years through ten years, amortized cost	[4]	67,062
Held-to-maturity securities, maturing after ten years, amortized cost	[4]	18,766
Held-to-maturity securities, Amortized Cost	[4]	87,396
Held-to-maturity securities, maturing in one year or less, fair value	[4]	19
Held-to-maturity securities, maturing after one year through five years, fair value	[4]	1,546
Held-to-maturity securities, maturing after five years through ten years, fair value	[4]	59,194
Held-to-maturity securities, maturing after ten years, fair value	[4]	15,822
Held-to-maturity securities, total, fair value	[4]	$ 76,581
Held-to-maturity securities, maturing in one year or less, weighted-average maturity in years	[4]	8 months 12 days
Held-to-maturity securities, maturing after one year through five years, weighted-average maturity in years	[4]	2 years 8 months 12 days
Held-to-maturity securities, maturing after five years through ten years, weighted-average maturity in years	[4]	9 years 2 months 12 days
Held-to-maturity securities, maturing after ten years, weighted-average maturity in years	[4]	10 years 2 months 12 days
Held-to-maturity securities, total, weighted-average maturity in years	[4]	9 years 3 months 18 days
Held-to-maturity securities, maturing in one year or less, weighted-average yield	[3],[4]	3.08%
Held-to-maturity securities, maturing after one year through five years, weighted-average yield	[3],[4]	4.35%
Held-to-maturity securities, maturing after five years through ten years, weighted-average yield	[3],[4]	2.15%
Held-to-maturity securities, maturing after ten years, weighted-average yield	[3],[4]	2.05%
Held-to-maturity securities, total, weighted-average yield	[3],[4]	2.17%
Asset-Backed Securities [Member]
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, maturing in one year or less, amortized cost		$ 3,429
Available-for-sale securities, maturing after one year through five years, amortized cost		500
Available-for-sale securities, maturing after five years through ten years, amortized cost		427
Available-for-sale securities, maturing after ten years, amortized cost		0
Available-for-sale securities, Amortized Cost		4,356		62
Available-for-sale securities, maturing in one year or less, fair value		3,391
Available-for-sale securities, maturing after one year through five years, fair value		503
Available-for-sale securities, maturing after five years through ten years, fair value		429
Available-for-sale securities, maturing after ten years, fair value		0
Available-for-sale securities, total, fair value		$ 4,323		66
Available-for-sale securities, maturing in one year or less, weighted-average maturity in years		7 months 6 days
Available-for-sale securities, maturing after one year through five years, weighted-average maturity in years		2 years 9 months 18 days
Available-for-sale securities, maturing after five years through ten years, weighted-average maturity in years		5 years 3 months 18 days
Available-for-sale securities, total, weighted-average maturity in years		1 year 3 months 18 days
Available-for-sale securities, maturing in one year or less, weighted-average yield	[3]	4.25%
Available-for-sale securities, maturing after one year through five years, weighted-average yield	[3]	5.68%
Available-for-sale securities, maturing after five years through ten years, weighted-average yield	[3]	6%
Available-for-sale securities, maturing after ten years, weighted-average yield	[3]	0%
Available-for-sale securities, total, weighted-average yield	[3]	4.59%
Obligations of State and Political Subdivisions [Member]
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, maturing in one year or less, amortized cost	[5],[6]	$ 106
Available-for-sale securities, maturing after one year through five years, amortized cost	[5],[6]	1,756
Available-for-sale securities, maturing after five years through ten years, amortized cost	[5],[6]	1,341
Available-for-sale securities, maturing after ten years, amortized cost	[5],[6]	8,281
Available-for-sale securities, Amortized Cost		11,484	[5],[6]	10,130
Available-for-sale securities, maturing in one year or less, fair value	[5],[6]	107
Available-for-sale securities, maturing after one year through five years, fair value	[5],[6]	1,747
Available-for-sale securities, maturing after five years through ten years, fair value	[5],[6]	1,286
Available-for-sale securities, maturing after ten years, fair value	[5],[6]	6,985
Available-for-sale securities, total, fair value		$ 10,125	[5],[6]	10,717
Available-for-sale securities, maturing in one year or less, weighted-average maturity in years	[5],[6]	2 months 12 days
Available-for-sale securities, maturing after one year through five years, weighted-average maturity in years	[5],[6]	3 years 8 months 12 days
Available-for-sale securities, maturing after five years through ten years, weighted-average maturity in years	[5],[6]	8 years 3 months 18 days
Available-for-sale securities, maturing after ten years, weighted- average maturity in years	[5],[6]	16 years 9 months 18 days
Available-for-sale securities, total, weighted-average maturity in years	[5],[6]	13 years 7 months 6 days
Available-for-sale securities, maturing in one year or less, weighted-average yield	[3],[5],[6]	5.12%
Available-for-sale securities, maturing after one year through five years, weighted-average yield	[3],[5],[6]	4.72%
Available-for-sale securities, maturing after five years through ten years, weighted-average yield	[3],[5],[6]	4.10%
Available-for-sale securities, maturing after ten years, weighted-average yield	[3],[5],[6]	3.49%
Available-for-sale securities, total, weighted-average yield	[3],[5],[6]	3.76%
Other [Member]
Contractual Maturities of Investment Securities [Line Items]
Available-for-sale securities, maturing in one year or less, amortized cost		$ 6
Available-for-sale securities, maturing after one year through five years, amortized cost		0
Available-for-sale securities, maturing after five years through ten years, amortized cost		0
Available-for-sale securities, maturing after ten years, amortized cost		0
Available-for-sale securities, Amortized Cost		6		7
Available-for-sale securities, maturing in one year or less, fair value		6
Available-for-sale securities, maturing after one year through five years, fair value		0
Available-for-sale securities, maturing after five years through ten years, fair value		0
Available-for-sale securities, maturing after ten years, fair value		0
Available-for-sale securities, total, fair value		$ 6		$ 7
Available-for-sale securities, maturing in one year or less, weighted-average maturity in years		1 month 6 days
Available-for-sale securities, total, weighted-average maturity in years		1 month 6 days
Available-for-sale securities, maturing in one year or less, weighted-average yield	[3]	1.99%
Available-for-sale securities, maturing after one year through five years, weighted-average yield	[3]	0%
Available-for-sale securities, maturing after five years through ten years, weighted-average yield	[3]	0%
Available-for-sale securities, maturing after ten years, weighted-average yield	[3]	0%
Available-for-sale securities, total, weighted-average yield	[3]	1.99%

[1]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.[2]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[3]Weighted-average yields for obligations of state and political subdivisions are presented on a fully-taxable equivalent basis based on a federal income tax rate of 21 percent. Yields on investment securities are computed based on amortized cost balances, excluding any premiums or discounts recorded related to the transfer of investment securities at fair value from available-for-sale to held-to maturity.[4]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.[5]Information related to obligations of state and political subdivisions is presented based upon yield to first optional call date if the security is purchased at a premium, and yield to maturity if the security is purchased at par or a discount.[6]Maturity calculations for obligations of state and political subdivisions are based on the first optional call date for securities with a fair value above par and the contractual maturity date for securities with a fair value equal to or below par.

Investment Securities - Amort_2

Investment Securities - Amortized Cost, Fair Value and Yield by Maturity Date (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Contractual Maturities of Investment Securities [Abstract]
Federal statutory rate	21%		21%	21%
Available for sale securities weighted average maturities	7 years 4 months 24 days	[1]	5 years 6 months
Debt securities available for sale weighted average yield	2.94%	[1],[2]	1.73%
Weighted average maturity of total held to maturity investment securities			7 years 4 months 24 days
Debt Securities, Held-to-Maturity, Weighted Average Yield	2.18%	[1],[2],[3]	1.45%

[1]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.[2]Weighted-average yields for obligations of state and political subdivisions are presented on a fully-taxable equivalent basis based on a federal income tax rate of 21 percent. Yields on investment securities are computed based on amortized cost balances, excluding any premiums or discounts recorded related to the transfer of investment securities at fair value from available-for-sale to held-to maturity.[3]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Composition of Loan Portfolio (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 388,213	$ 312,028
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	131,128	106,912
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	135,690	112,023
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	55,487	39,053
Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	115,845	76,493
Other Retail [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	54,896	61,959
Lease Financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	4,562	5,111
Commercial Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	43,765	28,757
Construction and Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	11,722	10,296
Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	107,858	67,546
Home Equity Loans, First Liens [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,987	8,947
Credit Card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	26,295	22,500
Retail Leasing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	5,519	7,256
Home Equity and Second Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	12,863	10,446
Revolving Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,983	2,750
Installment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	14,592	16,641
Automobile [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 17,939	$ 24,866

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Additional Information (Detail) $ in Millions		12 Months Ended
		Dec. 31, 2022 USD ($) MortgageLoan SecurityLoan	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Loans and Allowance for Credit Losses [Line Items]
Loans pledged at the Federal Reserve Bank		$ 85,800	$ 76,900
Unearned interest and deferred fees and costs on originated loans		3,100	475
Foreclosed residential real estate property included in other real estate owned		23	22
Foreclosed residential real estate related to mortgage loans whose payments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs		54	22
Residential mortgage loans secured by residential real estate in process of foreclosure		$ 1,100	696
Number of residential mortgage loans, home equity and second mortgage loans, and GNMA loans where trial period was unsuccessful and no longer eligible for a permanent modification \| MortgageLoan		16
Outstanding balance of residential mortgage loans, home equity and second mortgage loans, and GNMA loans where trial period was unsuccessful and no longer eligible for a permanent modification		$ 2
Nonperforming loans		972	834
Other real estate non-performing		23	22
Non-performing assets other		21	22
Non-performing assets		1,000	878
Commitments to lend additional funds		21
Allowance for acquired credit losses	[1]	336
Financing receivable, allowance for credit loss		7,404	6,155	$ 8,010	$ 4,491
MUFG Union Bank [Member]
Loans and Allowance for Credit Losses [Line Items]
Allowance for acquired credit losses		336
Financing receivable, allowance for credit loss		662
Federal Home Loan Bank Advances [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans pledged at the Federal Home Loan Bank		134,600	92,100
Government National Mortgage Association [Member]
Loans and Allowance for Credit Losses [Line Items]
Residential mortgage loans secured by residential real estate in process of foreclosure		$ 830	555
Home Equity and Second Mortgages [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of loans in trial period \| SecurityLoan		5
Outstanding balance of loans in trial period		$ 1
Estimated post-modification balance of loans in trial period		$ 1
Residential Mortgages [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of loans in trial period \| SecurityLoan		4
Outstanding balance of loans in trial period		$ 1
Estimated post-modification balance of loans in trial period		1
Allowance for acquired credit losses	[1]	36
Financing receivable, allowance for credit loss		$ 926	$ 565	$ 573	$ 433
Government National Mortgage Association [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of loans in trial period \| SecurityLoan		52
Outstanding balance of loans in trial period		$ 6
Estimated post-modification balance of loans in trial period		$ 6

[1]Represents allowance for purchased credit deteriorated and charged-off loans acquired from MUB.

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Activity in Allowance for Credit Losses by Portfolio Class (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		$ 6,155		$ 8,010	$ 4,491
Allowance for acquired credit losses	[1]	336
Change in accounting principle	[2]				1,499
Provision for credit losses		1,977	[3]	(1,173)	3,806
Loans charged-off		1,500	[4]	1,208	2,180
Less recoveries of loans charged-off		(437)		(526)	(394)
Net loan charge-offs (recoveries)		1,063		682	1,786
Other changes		(1)
Balance at end of period		7,404		6,155	8,010
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		1,849		2,423	1,484
Allowance for acquired credit losses	[1]	163
Change in accounting principle	[2]				378
Provision for credit losses		378	[3]	(471)	1,074
Loans charged-off		319	[4]	222	575
Less recoveries of loans charged-off		(92)		(119)	(62)
Net loan charge-offs (recoveries)		227		103	513
Balance at end of period		2,163		1,849	2,423
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		1,123		1,544	799
Allowance for acquired credit losses	[1]	87
Change in accounting principle	[2]				(122)
Provision for credit losses		152	[3]	(419)	1,054
Loans charged-off		54	[4]	29	210
Less recoveries of loans charged-off		(17)		(27)	(23)
Net loan charge-offs (recoveries)		37		2	187
Balance at end of period		1,325		1,123	1,544
Residential Mortgages [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		565		573	433
Allowance for acquired credit losses	[1]	36
Change in accounting principle	[2]				(30)
Provision for credit losses		302	[3]	(40)	158
Loans charged-off		13	[4]	18	19
Less recoveries of loans charged-off		(36)		(50)	(31)
Net loan charge-offs (recoveries)		(23)		(32)	(12)
Balance at end of period		926		565	573
Other Retail [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		945		1,115	647
Allowance for acquired credit losses	[1]	5
Change in accounting principle	[2]				401
Provision for credit losses		319	[3]	(73)	336
Loans charged-off		418	[4]	253	401
Less recoveries of loans charged-off		(120)		(156)	(132)
Net loan charge-offs (recoveries)		298		97	269
Other changes		(1)
Balance at end of period		970		945	1,115
Credit Card [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance at beginning of period		1,673		2,355	1,128
Allowance for acquired credit losses	[1]	45
Change in accounting principle	[2]				872
Provision for credit losses		826	[3]	(170)	1,184
Loans charged-off		696	[4]	686	975
Less recoveries of loans charged-off		(172)		(174)	(146)
Net loan charge-offs (recoveries)		524		512	829
Balance at end of period		$ 2,020		$ 1,673	$ 2,355

[1]Represents allowance for purchased credit deteriorated and charged-off loans acquired from MUB.[2]Effective January 1, 2020, the Company adopted accounting guidance which changed impairment recognition of financial instruments to a model that is based on expected losses rather than incurred losses. Upon adoption, the Company increased its allowance for credit losses and reduced retained earnings net of deferred taxes through a cumulative-effect adjustment.[3]Includes $662 million of provision for credit losses related to the acquisition of MUB.[4]Includes $179 million of total charge-offs primarily on loans previously charged-off by MUB, which were written up upon acquisition to unpaid principal balance as required by purchase accounting.

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Activity in Allowance for Credit Losses by Portfolio Class (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing receivable, allowance for credit loss	$ 7,404		$ 6,155	$ 8,010	$ 4,491
Loans charged-off	1,500	[1]	$ 1,208	$ 2,180
MUFG Union Bank [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing receivable, allowance for credit loss	662
Loans charged-off	$ 179

[1]Includes $179 million of total charge-offs primarily on loans previously charged-off by MUB, which were written up upon acquisition to unpaid principal balance as required by purchase accounting.

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Summary of Loans by Portfolio Class, Including Delinquency Status of those that Continue to Accrue Interest and are Nonperforming (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	$ 388,213	$ 312,028
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	385,520	309,520
Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	1,230	1,202
Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	491	472
Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	972	834
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	135,690	112,023
Commercial [Member] \| Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	135,077	111,270
Commercial [Member] \| Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	350	530
Commercial [Member] \| Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	94	49
Commercial [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	169	174
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	55,487	39,053
Commercial Real Estate [Member] \| Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	55,057	38,678
Commercial Real Estate [Member] \| Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	87	80
Commercial Real Estate [Member] \| Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	5	11
Commercial Real Estate [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	338	284
Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	115,845	76,493
Residential Mortgages [Member] \| Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	115,224	75,962
Residential Mortgages [Member] \| Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	201	124
Residential Mortgages [Member] \| Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	95	181
Residential Mortgages [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	325	226
Other Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	54,896	61,959
Other Retail [Member] \| Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	54,382	61,468
Other Retail [Member] \| Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	309	275
Other Retail [Member] \| Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	66	66
Other Retail [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	139	150
Credit Card [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	26,295	22,500
Credit Card [Member] \| Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	25,780	22,142
Credit Card [Member] \| Accruing 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	283	193
Credit Card [Member] \| Accruing 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	231	$ 165
Credit Card [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	$ 1

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Summary of Loans by Portfolio Class, Including Delinquency Status of those that Continue to Accrue Interest and are Nonperforming (Parenthetical) (Detail) - Government National Mortgage Association [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 30-89 days past due purchased from Government National Mortgage Association mortgage pools, classified as current	$ 647	$ 791
Loans 90 days or more past due purchased from Government National Mortgage Association mortgage pools, classified as current	2,200	1,500
Interest income on nonperforming loans	19	16
Interest income on nonperforming loans if based on original contractual terms	$ 34	$ 34

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Summary of Loans by Portfolio Class and Company's Internal Credit Quality Rating (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 388,213	$ 312,028
Total outstanding commitments	780,670	671,419
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	382,382	306,471
Total outstanding commitments	772,804	662,363
Special Mention Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,794	1,684
Total outstanding commitments	2,825	3,372
Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,037	3,873
Total outstanding commitments	5,041	5,684
Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,831	5,557
Total outstanding commitments	7,866	9,056
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	61,789
Originated in 2021	26,648	51,829
Originated in 2020	7,255	14,528
Originated in 2019	4,223	10,364
Originated in 2018	2,182	5,161
Originated prior to 2018	6,997	5,034
Revolving	26,596	25,107
Total loans	135,690	112,023
Commercial [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	61,229
Originated in 2021	26,411	51,155
Originated in 2020	7,049	14,091
Originated in 2019	3,962	10,159
Originated in 2018	2,119	5,122
Originated prior to 2018	6,867	4,923
Revolving	25,888	24,722
Total loans	133,525	110,172
Commercial [Member] \| Special Mention Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	245
Originated in 2021	159	387
Originated in 2020	68	304
Originated in 2019	51	151
Originated in 2018	31	3
Originated prior to 2018	33	30
Revolving	344	268
Total loans	931	1,143
Commercial [Member] \| Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	315
Originated in 2021	78	287
Originated in 2020	138	133
Originated in 2019	210	54
Originated in 2018	32	36
Originated prior to 2018	97	81
Revolving	364	117
Total loans	1,234	708
Commercial [Member] \| Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	560
Originated in 2021	237	674
Originated in 2020	206	437
Originated in 2019	261	205
Originated in 2018	63	39
Originated prior to 2018	130	111
Revolving	708	385
Total loans	2,165	1,851
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	15,252
Originated in 2021	13,835	14,360
Originated in 2020	6,703	7,920
Originated in 2019	7,546	7,229
Originated in 2018	4,139	3,254
Originated prior to 2018	6,513	4,752
Revolving	1,499	1,538
Total loans	55,487	39,053
Commercial Real Estate [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	14,527
Originated in 2021	13,565	13,364
Originated in 2020	6,489	7,459
Originated in 2019	6,991	6,368
Originated in 2018	3,550	2,996
Originated prior to 2018	6,089	4,473
Revolving	1,489	1,494
Total loans	52,700	36,154
Commercial Real Estate [Member] \| Special Mention Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	206
Originated in 2021	171	6
Originated in 2020	97	198
Originated in 2019	251	251
Originated in 2018	88	29
Originated prior to 2018	50	55
Revolving		1
Total loans	863	540
Commercial Real Estate [Member] \| Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	519
Originated in 2021	99	990
Originated in 2020	117	263
Originated in 2019	304	610
Originated in 2018	501	229
Originated prior to 2018	374	224
Revolving	10	43
Total loans	1,924	2,359
Commercial Real Estate [Member] \| Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	725
Originated in 2021	270	996
Originated in 2020	214	461
Originated in 2019	555	861
Originated in 2018	589	258
Originated prior to 2018	424	279
Revolving	10	44
Total loans	2,787	2,899
Residential Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	28,452
Originated in 2021	39,534	29,885
Originated in 2020	16,564	15,957
Originated in 2019	7,240	6,974
Originated in 2018	2,960	2,919
Originated prior to 2018	21,095	20,757
Revolving		1
Total loans	115,845	76,493
Residential Mortgages [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	28,452
Originated in 2021	39,527	29,882
Originated in 2020	16,556	15,948
Originated in 2019	7,222	6,938
Originated in 2018	2,934	2,889
Originated prior to 2018	20,724	20,415
Revolving		1
Total loans	115,415	76,073
Residential Mortgages [Member] \| Special Mention Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2020		1
Total loans		1
Residential Mortgages [Member] \| Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2021	7	3
Originated in 2020	8	8
Originated in 2019	18	36
Originated in 2018	26	30
Originated prior to 2018	371	342
Total loans	430	419
Residential Mortgages [Member] \| Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2021	7	3
Originated in 2020	8	9
Originated in 2019	18	36
Originated in 2018	26	30
Originated prior to 2018	371	342
Total loans	430	420
Other Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	9,569
Originated in 2021	15,364	22,461
Originated in 2020	7,839	12,080
Originated in 2019	3,431	7,240
Originated in 2018	1,430	3,299
Originated prior to 2018	2,290	3,723
Revolving	14,127	12,644
Revolving converted to term	846	512
Total loans	54,896	61,959
Other Retail [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	9,563
Originated in 2021	15,352	22,455
Originated in 2020	7,828	12,071
Originated in 2019	3,418	7,223
Originated in 2018	1,421	3,285
Originated prior to 2018	2,268	3,699
Revolving	14,029	12,532
Revolving converted to term	800	472
Total loans	54,679	61,737
Other Retail [Member] \| Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	6
Originated in 2021	12	6
Originated in 2020	11	9
Originated in 2019	13	17
Originated in 2018	9	14
Originated prior to 2018	22	24
Revolving	98	112
Revolving converted to term	46	40
Total loans	217	222
Other Retail [Member] \| Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Originated in 2022	6
Originated in 2021	12	6
Originated in 2020	11	9
Originated in 2019	13	17
Originated in 2018	9	14
Originated prior to 2018	22	24
Revolving	98	112
Revolving converted to term	46	40
Total loans	217	222
Credit Card [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	26,295	22,500
Credit Card [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	26,063	22,335
Credit Card [Member] \| Classified Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	232	165
Credit Card [Member] \| Total Criticized [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 232	$ 165

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Summary of Loans by Portfolio Class and Company's Internal Credit Quality Rating (Parenthetical) (Detail) - Government National Mortgage Association [Member] - USD ($) $ in Billions	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Restructured GNMA loans,classified with a pass rating	$ 1	$ 1.1
GNMA loans 90 days or more past due, classified with a pass rating	$ 2.2	$ 1.5

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Summary of Loans Modified as TDRs (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) SecurityLoan	Dec. 31, 2021 USD ($) SecurityLoan	Dec. 31, 2020 USD ($) SecurityLoan
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	52,657	33,429	36,954
Pre-Modification Outstanding Loan Balance	$ 1,231	$ 1,214	$ 2,211
Post-Modification Outstanding Loan Balance	$ 1,218	$ 1,193	$ 2,021
Commercial [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	2,259	2,156	3,423
Pre-Modification Outstanding Loan Balance	$ 148	$ 140	$ 628
Post-Modification Outstanding Loan Balance	$ 134	$ 127	$ 493
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	75	112	149
Pre-Modification Outstanding Loan Balance	$ 50	$ 193	$ 262
Post-Modification Outstanding Loan Balance	$ 47	$ 179	$ 218
Residential Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	1,699	977	1,176
Pre-Modification Outstanding Loan Balance	$ 475	$ 329	$ 402
Post-Modification Outstanding Loan Balance	$ 476	$ 328	$ 401
Other Retail [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	2,514	2,576	4,027
Pre-Modification Outstanding Loan Balance	$ 89	$ 74	$ 117
Post-Modification Outstanding Loan Balance	$ 85	$ 67	$ 114
Credit Card [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	44,470	25,297	23,549
Pre-Modification Outstanding Loan Balance	$ 243	$ 144	$ 135
Post-Modification Outstanding Loan Balance	$ 246	$ 146	$ 136
Total Loans, Excluding Loans Purchased from GNMA Mortgage Pools [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	51,017	31,118	32,324
Pre-Modification Outstanding Loan Balance	$ 1,005	$ 880	$ 1,544
Post-Modification Outstanding Loan Balance	$ 988	$ 847	$ 1,362
Government National Mortgage Association [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	1,640	2,311	4,630
Pre-Modification Outstanding Loan Balance	$ 226	$ 334	$ 667
Post-Modification Outstanding Loan Balance	$ 230	$ 346	$ 659

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Summary of Loans Modified as TDRs in the Past Twelve Months that have Subsequently Defaulted (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) SecurityLoan	Dec. 31, 2021 USD ($) SecurityLoan	Dec. 31, 2020 USD ($) SecurityLoan
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	9,515	9,771	8,729
Amount Defaulted \| $	$ 169	$ 128	$ 220
Commercial [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	767	1,084	1,148
Amount Defaulted \| $	$ 24	$ 32	$ 80
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	20	16	50
Amount Defaulted \| $	$ 11	$ 7	$ 30
Residential Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	235	81	38
Amount Defaulted \| $	$ 28	$ 9	$ 5
Other Retail [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	307	714	307
Amount Defaulted \| $	$ 5	$ 11	$ 4
Credit Card [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	7,904	7,700	6,688
Amount Defaulted \| $	$ 42	$ 43	$ 35
Total Loans, Excluding Loans Purchased from GNMA Mortgage Pools [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	9,233	9,595	8,231
Amount Defaulted \| $	$ 110	$ 102	$ 154
Government National Mortgage Association [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans \| SecurityLoan	282	176	498
Amount Defaulted \| $	$ 59	$ 26	$ 66

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Leased Assets [Line Items]
Lease revenue	$ 764	$ 888	$ 952
Right of use lease assets	1,600	1,200
Lease liabilities	1,700	1,300
Lease cost	$ 390	$ 364	$ 374

Leases - Components of Net Inve

Leases - Components of Net Investment in Sales - Type and Direct Financing Leases (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Net Investment in Leases [Abstract]
Lease receivables	$ 8,731	$ 10,738
Unguaranteed residual values accruing to the lessor's benefit	1,323	1,610
Total net investment in sales-type and direct financing leases	$ 10,054	$ 12,348

Leases - Contractual Future Lea

Leases - Contractual Future Lease Payments to be Received (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Sales-type and direct finance leases, 2023	$ 3,496
Sales-type and direct finance leases, 2024	2,765
Sales-type and direct finance leases, 2025	1,665
Sales-type and direct finance leases, 2026	658
Sales-type and direct finance leases, 2027	284
Sales-type and direct finance leases, thereafter	447
Sales-type and direct finance leases, lease payments	9,315
Sales-type and direct finance leases, amounts representing interest	(584)
Sales-type and direct finance leases, lease receivables	8,731	$ 10,738
Operating leases, 2023	134
Operating leases, 2024	103
Operating leases, 2025	69
Operating leases, 2026	33
Operating leases, 2027	18
Operating leases, thereafter	26
Operating leases, lease payments	$ 383

Leases - Summary of Amounts Rel

Leases - Summary of Amounts Relevant to Company's Assets Leased for Use in its Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 294	$ 288	$ 305
Operating cash flows from finance leases	4	5	6
Financing cash flows from finance leases	14	12	12
Right of use assets obtained in exchange for new operating lease liabilities	239	164	128
Right of use assets obtained in exchange for new finance lease liabilities	$ 91	$ 75	$ 6

Leases - Summary of Weighted-Av

Leases - Summary of Weighted-Average Remaining Lease Terms and Discount Rates (Detail)	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Weighted-average remaining lease term of operating leases (in years)	6 years 9 months 18 days	7 years
Weighted-average remaining lease term of finance leases (in years)	8 years 6 months	9 years 6 months
Weighted-average discount rate of operating leases	3.30%	2.70%
Weighted-average discount rate of finance leases	7.90%	9.30%

Leases - Schedule of Contractua

Leases - Schedule of Contractual Future Lease Obligations (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Contractual Obligation, Fiscal Year Maturity Schedule [Abstract]
Operating leases, 2023	$ 369
Operating leases, 2024	318
Operating leases, 2025	255
Operating leases, 2026	198
Operating leases, 2027	152
Operating leases, Thereafter	410
Operating leases	1,702
Operating leases, amounts representing interest	$ (202)
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Operating leases, lease liabilities
Operating leases, lease liabilities	$ 1,500
Finance leases, 2023	29
Finance leases, 2024	51
Finance leases, 2025	48
Finance leases, 2026	33
Finance leases, 2027	10
Finance leases, thereafter	28
Finance leases	199
Finance leases, Amounts representing interest	(22)
Finance leases, lease liabilities	$ 177
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Finance leases, lease liabilities

Accounting for Transfers and _3

Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities - Additional Information (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Assets related to consolidated VIEs		$ 674,805		$ 573,284
Liabilities related to consolidated VIEs		623,573		517,897
Available-for-sale securities	[1]	72,910	[2]	132,963
Community Development And Tax Advantaged Investments [Member]
Variable Interest Entity [Line Items]
Federal and state income tax credits recognized in tax expense		461		508	$ 578
Expense related to investments		424		468	545
Investment tax credits		527		418	414
Expenses related to investments recognized in tax expense		359		336	367
Financial Support Waived Fees [Member]
Variable Interest Entity [Line Items]
Financial or other support to money market funds		65		250	$ 89
Variable Interest Entity Not Primary Beneficiary [Member] \| Private Investment Funds and Partnerships [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		310		84
Assets related to consolidated VIEs		177		40
Variable Interest Entity Not Primary Beneficiary [Member] \| Community Development And Tax Advantaged Investments [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		9,761		9,899
Assets related to consolidated VIEs		5,452		4,484
Liabilities related to consolidated VIEs		2,416		1,890
Variable Interest Entity Not Primary Beneficiary [Member] \| Minimum [Member]
Variable Interest Entity [Line Items]
Aggregate amount of investments in unconsolidated VIEs		1		1
Variable Interest Entity Not Primary Beneficiary [Member] \| Maximum [Member]
Variable Interest Entity [Line Items]
Aggregate amount of investments in unconsolidated VIEs		116		75
Variable Interest Entity Primary Beneficiary [Member] \| Senior Notes [Member]
Variable Interest Entity [Line Items]
Available-for-sale securities		3,400
Proceeds from Securitizations of Loans Held-for-investment		4,000
Variable Interest Entity Primary Beneficiary [Member] \| Community Development And Tax Advantaged Investments [Member]
Variable Interest Entity [Line Items]
Assets related to consolidated VIEs		5,900		5,000
Liabilities related to consolidated VIEs		4,200		3,400
Variable Interest Entity Primary Beneficiary [Member] \| Tender Option Bond Program [Member]
Variable Interest Entity [Line Items]
Assets related to consolidated VIEs		1,500		1,700
Liabilities related to consolidated VIEs		$ 1,000		$ 1,200

[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.

Accounting for Transfers and _4

Accounting for Transfers and Servicing of Financial Assets and Variable Interest Entities - Summary of Investments in Community Development and Tax-advantaged VIEs (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Investment carrying amount	$ 674,805	$ 573,284
Unfunded capital and other commitments	623,573	517,897
Variable Interest Entity Not Primary Beneficiary [Member] \| Community Development And Tax Advantaged Investments [Member]
Variable Interest Entity [Line Items]
Investment carrying amount	5,452	4,484
Unfunded capital and other commitments	2,416	1,890
Maximum exposure to loss	$ 9,761	$ 9,899

Premises and Equipment - Premis

Premises and Equipment - Premises and Equipment (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	$ 8,927	$ 8,253
Less accumulated depreciation and amortization	(5,069)	(4,948)
Total Premises and Equipment	3,858	3,305
Land [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	535	445
Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	3,296	3,161
Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	3,485	3,438
Right of Use Assets on Operating Leases [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	1,296	1,014
Right of Use Assets on Finance Leases [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	269	172
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Gross Premises and Equipment	$ 46	$ 23

Mortgage Servicing Rights - Add

Mortgage Servicing Rights - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Transfers and Servicing of Financial Assets [Abstract]
Residential mortgage loans serviced for others including subserviced mortgages with no corresponding MSRs asset	$ 243,600	$ 222,400
Gain (Loss) on fair value changes of MSRs due to changes in valuation assumptions and derivatives used to economically hedge MSRs	(45)	(183)	$ 18
Loan servicing and ancillary fees	$ 754	$ 725	$ 718

Mortgage Servicing Rights - Cha

Mortgage Servicing Rights - Changes in Fair Value of Capitalized MSRs (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Transfers and Servicing of Financial Assets [Abstract]
Balance at beginning of period	$ 2,953	$ 2,210	$ 2,546
Rights purchased	156	42	34
Rights capitalized	590	1,136	1,030
Rights sold	(255)	2	3
Changes in fair value of MSRs
Due to fluctuations in market interest rates	804	272	(719)
Due to revised assumptions or models	(29)	(196)	(12)
Other changes in fair value	$ (464)	$ (513)	$ (672)
Servicing Asset, Fair Value, Change in Fair Value, Other, Statement of Income or Comprehensive Income [Extensible Enumeration]	Fees and Commissions, Mortgage Banking and Servicing	Fees and Commissions, Mortgage Banking and Servicing	Fees and Commissions, Mortgage Banking and Servicing
Balance at end of period	$ 3,755	$ 2,953	$ 2,210

Mortgage Servicing Rights - Sen

Mortgage Servicing Rights - Sensitivity to Changes in Interest Rates of the Fair Value of MSR Portfolio and Related Derivative Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Down Scenario [Member] \| Mortgage Servicing Rights [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	$ (334)	$ (636)
Net fair value 50 basis points	(153)	(324)
Net fair value 25 basis points	(73)	(160)
Down Scenario [Member] \| Derivative [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	337	614
Net fair value 50 basis points	153	309
Net fair value 25 basis points	73	152
Down Scenario [Member] \| Net Sensitivity [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	3	(22)
Net fair value 50 basis points		(15)
Net fair value 25 basis points		(8)
Up Scenario [Member] \| Mortgage Servicing Rights [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	224	511
Net fair value 50 basis points	125	287
Net fair value 25 basis points	66	150
Up Scenario [Member] \| Derivative [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	(236)	(536)
Net fair value 50 basis points	(127)	(278)
Net fair value 25 basis points	(67)	(142)
Up Scenario [Member] \| Net Sensitivity [Member]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Net fair value 100 basis points	(12)	(25)
Net fair value 50 basis points	(2)	9
Net fair value 25 basis points	$ (1)	$ 8

Mortgage Servicing Rights - MSR

Mortgage Servicing Rights - MSRs and Related Characteristics by Portfolio (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) Multiple BasisPoint	Dec. 31, 2021 USD ($) BasisPoint Multiple	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Servicing Assets at Fair Value [Line Items]
Fair value	$ 3,755	$ 2,953	$ 2,210	$ 2,546
Mortgage Servicing Rights [Member]
Servicing Assets at Fair Value [Line Items]
Servicing portfolio	239,753	218,953
Fair value	$ 3,755	$ 2,953
Value (bps) \| BasisPoint	157	135
Weighted-average servicing fees (bps) \| BasisPoint	30	32
Multiple (value/servicing fees) \| Multiple	5.2	4.18
Weighted-average note rate	3.67%	3.56%
Weighted-average age (in years)	3 years 10 months 24 days	3 years 8 months 12 days
Weighted-average expected prepayment (constant prepayment rate)	7.80%	10.30%
Weighted-average expected life (in years)	7 years 8 months 12 days	6 years 8 months 12 days
Weighted-average option adjusted spread	5.80%	6.60%
HFA [Member] \| Mortgage Servicing Rights [Member]
Servicing Assets at Fair Value [Line Items]
Servicing portfolio	$ 44,071	$ 40,652
Fair value	$ 725	$ 527
Value (bps) \| BasisPoint	165	130
Weighted-average servicing fees (bps) \| BasisPoint	36	36
Multiple (value/servicing fees) \| Multiple	4.56	3.63
Weighted-average note rate	4.16%	4.07%
Weighted-average age (in years)	4 years	3 years 9 months 18 days
Weighted-average expected prepayment (constant prepayment rate)	7.40%	11.50%
Weighted-average expected life (in years)	8 years 9 months 18 days	6 years 6 months
Weighted-average option adjusted spread	7.60%	7.30%
Government Insured [Member] \| Mortgage Servicing Rights [Member]
Servicing Assets at Fair Value [Line Items]
Servicing portfolio	$ 23,141	$ 21,919
Fair value	$ 454	$ 308
Value (bps) \| BasisPoint	196	141
Weighted-average servicing fees (bps) \| BasisPoint	42	41
Multiple (value/servicing fees) \| Multiple	4.69	3.43
Weighted-average note rate	3.81%	3.70%
Weighted-average age (in years)	5 years 8 months 12 days	5 years 10 months 24 days
Weighted-average expected prepayment (constant prepayment rate)	8.50%	13.20%
Weighted-average expected life (in years)	7 years 7 months 6 days	5 years 7 months 6 days
Weighted-average option adjusted spread	6.90%	7.30%
Conventional [Member] \| Mortgage Servicing Rights [Member]
Servicing Assets at Fair Value [Line Items]
Servicing portfolio	$ 172,541	$ 156,382
Fair value	$ 2,576	$ 2,118
Value (bps) \| BasisPoint	149	135
Weighted-average servicing fees (bps) \| BasisPoint	27	30
Multiple (value/servicing fees) \| Multiple	5.52	4.5
Weighted-average note rate	3.52%	3.41%
Weighted-average age (in years)	3 years 8 months 12 days	3 years 3 months 18 days
Weighted-average expected prepayment (constant prepayment rate)	7.80%	9.60%
Weighted-average expected life (in years)	7 years 6 months	6 years 10 months 24 days
Weighted-average option adjusted spread	5.10%	6.30%

Intangible Assets - Intangible

Intangible Assets - Intangible Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 12,373	$ 10,262	$ 9,918	$ 9,655
Mortgage servicing rights	3,755	2,953	$ 2,210	$ 2,546
Total	19,528	14,000
Merchant Processing Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets	155	195
Core Deposit Benefits [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets	2,706	49
Trust Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets	50	62
Other Identified Intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets	$ 489	$ 479

Intangible Assets - Aggregate A

Intangible Assets - Aggregate Amortization Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	$ 215	$ 159	$ 176
Merchant Processing Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	38	45	49
Core Deposit Benefits [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	53	15	18
Trust Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	12	10	9
Other Identified Intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	$ 112	$ 89	$ 100

Intangible Assets - Estimated A

Intangible Assets - Estimated Amortization Expense (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2023	$ 647
2024	572
2025	490
2026	422
2027	$ 350

Intangible Assets - Changes in

Intangible Assets - Changes in Carrying Value of Goodwill (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 10,262	$ 9,918	$ 9,655
Goodwill acquired	2,149	371	180
Foreign exchange translation and other	(38)	(27)	83
Goodwill, Ending Balance	12,373	10,262	9,918
Corporate and Commercial Banking [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	1,912	1,647	1,647
Goodwill acquired	889
Foreign exchange translation and other		265
Goodwill, Ending Balance	2,801	1,912	1,647
Consumer and Business Banking [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	3,245	3,475	3,475
Goodwill acquired	1,220	35
Foreign exchange translation and other		(265)
Goodwill, Ending Balance	4,465	3,245	3,475
Wealth Management and Investment Services [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	1,761	1,619	1,617
Goodwill acquired	29	144
Foreign exchange translation and other	(2)	(2)	2
Goodwill, Ending Balance	1,788	1,761	1,619
Payment Services [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	3,344	3,177	2,916
Goodwill acquired	11	192	180
Foreign exchange translation and other	(36)	(25)	81
Goodwill, Ending Balance	$ 3,319	$ 3,344	$ 3,177

Deposits - Composition of Depos

Deposits - Composition of Deposits (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Banking and Thrift, Interest [Abstract]
Noninterest-bearing deposits	$ 137,743	$ 134,901
Interest-bearing deposits
Interest checking	134,491	115,108
Money market savings	148,014	117,619
Savings accounts	71,782	65,790
Time deposits	32,946	22,665
Total interest-bearing deposits	387,233	321,182
Total deposits	$ 524,976	$ 456,083

Deposits - Maturities of Time D

Deposits - Maturities of Time Deposits Outstanding (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Banking and Thrift, Interest [Abstract]
2023	$ 26,622
2024	3,879
2025	1,668
2026	458
2027	317
Thereafter	2
Total	$ 32,946	$ 22,665

Short-Term Borrowings - Summary

Short-Term Borrowings - Summary of Short-Term Borrowings (Detail) - USD ($) $ in Millions	Dec. 31, 2022		Dec. 31, 2021
Short-term Debt [Line Items]
Short-term borrowings	$ 31,216		$ 11,796
Federal Funds Purchased [Member]
Short-term Debt [Line Items]
Short-term borrowings	226		628
Securities Sold under Agreements to Repurchase [Member]
Short-term Debt [Line Items]
Short-term borrowings	1,431		1,575
Commercial Paper [Member]
Short-term Debt [Line Items]
Short-term borrowings	8,145		6,026
Other Short-Term Borrowings [Member]
Short-term Debt [Line Items]
Short-term borrowings	$ 21,414	[1]	$ 3,567

[1]Balance primarily includes short-term FHLB advances.

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-term Debt (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt	$ 39,829	$ 32,125
Parent Company [Member]
Debt Instrument [Line Items]
Long-term debt	26,983	18,902
Parent Company [Member] \| Other Debt Issuance Fees and Unrealized Gains and Losses and Deferred Amounts Relating to Derivative Instruments [Member]
Debt Instrument [Line Items]
Long-term debt	2,716	472
Subsidiaries [Member]
Debt Instrument [Line Items]
Long-term debt	12,846	13,223
Subsidiaries [Member] \| Other Consolidated Community Development and Tax-Advantaged Investment Vies, Capitalized Lease Obligations, Debt Issuance Fees, and Unrealized Gains and Losses and Deferred Amounts Relating to Derivative Instruments [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,643	912
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.95%
Debt Instrument Maturity Year, End	Dec. 31, 2022
Long-term debt		1,300
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Debt One [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.60%
Debt Instrument Maturity Year, End	Dec. 31, 2024
Long-term debt	$ 1,000	1,000
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Notes Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	7.50%
Debt Instrument Maturity Year, End	Dec. 31, 2026
Long-term debt	$ 199	199
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Notes Three [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.10%
Debt Instrument Maturity Year, End	Dec. 31, 2026
Long-term debt	$ 1,000	1,000
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Debt Four [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3%
Debt Instrument Maturity Year, End	Dec. 31, 2029
Long-term debt	$ 1,000	1,000
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Debt Five [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.967%
Debt Instrument Maturity Year, End	Dec. 31, 2033
Long-term debt	$ 1,300
Fixed Rate [Member] \| Parent Company [Member] \| Subordinated Debt Six [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.491%
Debt Instrument Maturity Year, End	Dec. 31, 2036
Long-term debt	$ 1,300	1,300
Fixed Rate [Member] \| Parent Company [Member] \| Medium-term Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Year, start	Dec. 31, 2024
Debt Instrument Maturity Year, End	Dec. 31, 2033
Long-term debt	$ 18,468	12,631
Fixed Rate [Member] \| Parent Company [Member] \| Medium-term Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.85%
Fixed Rate [Member] \| Parent Company [Member] \| Medium-term Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.85%
Fixed Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Year, start	Dec. 31, 2023
Debt Instrument Maturity Year, End	Dec. 31, 2026
Long-term debt	$ 2,051	2
Fixed Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.289%
Fixed Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.25%
Fixed Rate [Member] \| Subsidiaries [Member] \| Bank Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Year, start	Dec. 31, 2023
Debt Instrument Maturity Year, End	Dec. 31, 2025
Long-term debt	$ 4,800	5,700
Fixed Rate [Member] \| Subsidiaries [Member] \| Bank Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.95%
Fixed Rate [Member] \| Subsidiaries [Member] \| Bank Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.40%
Floating Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Year, start	Dec. 31, 2025
Debt Instrument Maturity Year, End	Dec. 31, 2026
Long-term debt	$ 3,000	3,272
Floating Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.19%
Floating Rate [Member] \| Subsidiaries [Member] \| Federal Home Loan Bank Advances [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.197%
Floating Rate [Member] \| Subsidiaries [Member] \| Bank Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Year, start	Dec. 31, 2023
Debt Instrument Maturity Year, End	Dec. 31, 2062
Long-term debt	$ 1,352	$ 3,337
Floating Rate [Member] \| Subsidiaries [Member] \| Bank Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.758%

Long-Term Debt - Summary of L_2

Long-Term Debt - Summary of Long-term Debt (Parenthetical) (Detail) - USD ($) $ in Millions			12 Months Ended
	Dec. 01, 2022	[1]	Dec. 31, 2022
MUFG Union Bank [Member]
Debt Instrument [Line Items]
Discounted Liability for Excess Capital Received	$ (2,944)		$ 2,900
Medium-term Notes [Member]
Debt Instrument [Line Items]
Weighted-average interest rate			3.20%
Federal Home Loan Bank Advances [Member]
Debt Instrument [Line Items]
Weighted-average interest rate			4.02%
Debt instrument, face amount			$ 3,000
Bank Notes [Member]
Debt Instrument [Line Items]
Weighted-average interest rate			2.78%
Debt instrument, face amount			$ 1,000

[1]Represents $3.5 billion of noninterest-bearing additional capital held by MUB upon close of the acquisition to be delivered to Mitsubishi UFJ Financial Group, Inc. on or prior to December 1, 2027, discounted at the Company’s 5-year unsecured borrowing rate as of the acquisition date, per authoritative accounting guidance.

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Billions	Dec. 31, 2022	Dec. 31, 2021
Federal Home Loan Bank and Federal Reserve Bank [Member]
Debt Instrument [Line Items]
Unused Borrowing Capacity under Federal Home Loan Bank and Federal Reserve Bank	$ 114.8	$ 101

Long-Term Debt - Maturities of

Long-Term Debt - Maturities of Long-term Debt Outstanding (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
2023	$ 4,854
2024	5,490
2025	5,498
2026	7,397
2027	3,751
Thereafter	12,839
Total	39,829	$ 32,125
Parent Company [Member]
Debt Instrument [Line Items]
2023	899
2024	5,424
2025	1,965
2026	3,978
2027	3,722
Thereafter	10,995
Total	$ 26,983	$ 18,902

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - $ / shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2011	Dec. 31, 2006	Dec. 31, 2010
Class of Stock [Line Items]
Number of preferred stock shares authorized		50,000,000	50,000,000
Number of common stock shares authorized		4,000,000,000	4,000,000,000
Number of common stock shares outstanding		1,500,000,000	1,500,000,000
Number of common stock shares reserved for future issuance		31,000,000
Preferred stock outstanding	[1]	243,510	225,510
Series K [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued					23,000
Liquidation preference per share					$ 25,000
Preferred stock dividend rate fixed percentage					5.50%
Redemption period of preferred stock					90 days
Preferred stock redemption date		Oct. 15, 2023
Preferred stock outstanding		23,000	23,000
Series A [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued								6,764		5,746
Liquidation preference per share								$ 100,000
Preferred stock dividend rate fixed percentage								3.50%
Preferred stock dividend rate variable percentage								1.02%
Preferred stock outstanding		12,510	12,510
Series A [Member] \| Noncontrolling Interests [Member]
Class of Stock [Line Items]
Liquidation preference per share									$ 100,000
Preferred stock dividend rate variable percentage									1.147%
Minority interest preferred stock, shares issued									5,000
Number of stock repurchased during period							500
Preferred stock outstanding		4,500
Series B [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued									40,000
Liquidation preference per share									$ 25,000
Preferred stock dividend rate fixed percentage									3.50%
Preferred stock dividend rate variable percentage									0.60%
Preferred stock outstanding		40,000	40,000
Series J [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued						40,000
Liquidation preference per share						$ 25,000
Preferred stock dividend rate fixed percentage						2.914%
Redemption period of preferred stock						90 days
Preferred stock redemption date		Apr. 15, 2027
Preferred stock outstanding		40,000	40,000
Series L [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued				20,000
Liquidation preference per share				$ 25,000
Preferred stock dividend rate fixed percentage				3.75%
Redemption period of preferred stock				90 days
Preferred stock redemption date		Jan. 15, 2026
Preferred stock outstanding		20,000	20,000
Series M [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued			30,000
Liquidation preference per share			$ 25,000
Preferred stock dividend rate fixed percentage			4%
Redemption period of preferred stock			90 days
Preferred stock redemption date		Apr. 15, 2026
Preferred stock outstanding		30,000	30,000
Series N [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued			60,000
Liquidation preference per share			$ 25,000
Preferred stock dividend rate fixed percentage			3.70%
Redemption period of preferred stock			90 days
Preferred stock redemption date		Jan. 15, 2027
Preferred stock outstanding		60,000	60,000
Preferred stock variable dividend rate spread			2.541%
Series O [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued		18,000
Liquidation preference per share		$ 25,000
Preferred stock dividend rate fixed percentage		4.50%
Redemption period of preferred stock		90 days
Preferred stock redemption date		Apr. 15, 2027
Preferred stock outstanding		18,000

[1]The par value of all shares issued and outstanding at December 31, 2022 and 2021, was $1.00 per share.

Shareholders' Equity - Number o

Shareholders' Equity - Number of Shares Issued and Outstanding and Carrying Amount of Preferred Stock (Detail) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Shares Issued and Outstanding	[1]	243,510	225,510
Liquidation Preference	[1]	$ 7,026	$ 6,576
Discount	[1]	218	205
Carrying Amount	[1]	$ 6,808	$ 6,371
Series A [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		12,510	12,510
Liquidation Preference		$ 1,251	$ 1,251
Discount		145	145
Carrying Amount		$ 1,106	$ 1,106
Series B [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		40,000	40,000
Liquidation Preference		$ 1,000	$ 1,000
Carrying Amount		$ 1,000	$ 1,000
Series J [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		40,000	40,000
Liquidation Preference		$ 1,000	$ 1,000
Discount		7	7
Carrying Amount		$ 993	$ 993
Series K [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		23,000	23,000
Liquidation Preference		$ 575	$ 575
Discount		10	10
Carrying Amount		$ 565	$ 565
Series L [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		20,000	20,000
Liquidation Preference		$ 500	$ 500
Discount		14	14
Carrying Amount		$ 486	$ 486
Series M [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		30,000	30,000
Liquidation Preference		$ 750	$ 750
Discount		21	21
Carrying Amount		$ 729	$ 729
Series N [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		60,000	60,000
Liquidation Preference		$ 1,500	$ 1,500
Discount		8	8
Carrying Amount		$ 1,492	$ 1,492
Series O [Member]
Class of Stock [Line Items]
Shares Issued and Outstanding		18,000
Liquidation Preference		$ 450
Discount		13
Carrying Amount		$ 437

[1]The par value of all shares issued and outstanding at December 31, 2022 and 2021, was $1.00 per share.

Shareholders' Equity - Number_2

Shareholders' Equity - Number of Shares Issued and Outstanding and Carrying Amount of Preferred Stock (Parenthetical) (Detail) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Equity [Abstract]
Preferred stock, par value	$ 1	$ 1

Shareholders' Equity - Common S

Shareholders' Equity - Common Stock Repurchased (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Common stock repurchased shares	1	28	31
Purchase of treasury stock	$ 69	$ 1,556	$ 1,661

Shareholders' Equity - Reconcil

Shareholders' Equity - Reconciliation of Transactions Affecting Accumulated Other Comprehensive Income (Loss) Included in Shareholders' Equity (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		$ (1,943)	$ 322	$ (1,373)
Changes in unrealized gains (losses)		(13,656)	(3,698)	2,905
Changes in unrealized gains (losses)		(75)	125	(194)
Changes in unrealized gains (losses)		526	400	(401)
Changes in unrealized gains (losses)		(13,205)	(3,173)	2,310
Foreign currency translation adjustment	[1]	(10)	35	2
Reclassification to earnings of realized (gains) losses		544	104	(42)
Applicable income taxes		3,207	769	(575)
Balance at end of period		(11,407)	(1,943)	322
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(37)	(64)	(65)
Foreign currency translation adjustment	[1]	(10)	35	2
Applicable income taxes		4	(8)	(1)
Balance at end of period		(43)	(37)	(64)
Unrealized Gains (Losses) on Retirement Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(1,426)	(1,842)	(1,636)
Changes in unrealized gains (losses)		526	400	(401)
Reclassification to earnings of realized (gains) losses		128	157	125
Applicable income taxes		(167)	(141)	70
Balance at end of period		(939)	(1,426)	(1,842)
Unrealized Gains (Losses) on Derivative Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(85)	(189)	(51)
Changes in unrealized gains (losses)		(75)	125	(194)
Reclassification to earnings of realized (gains) losses		36	14	10
Applicable income taxes		10	(35)	46
Balance at end of period		(114)	(85)	(189)
Unrealized Gains (Losses) on Investment Securities Transferred From Available For Sale to Held To Maturity [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(935)
Transfer of securities from available-for-sale to held-to-maturity		(4,413)	(1,289)
Reclassification to earnings of realized (gains) losses		400	36
Applicable income taxes		1,015	318
Balance at end of period		(3,933)	(935)
Unrealized Gains (Losses) on Investment Securities Available-For-Sale [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		540	2,417	379
Changes in unrealized gains (losses)		(13,656)	(3,698)	2,905
Transfer of securities from available-for-sale to held-to-maturity		4,413	1,289
Reclassification to earnings of realized (gains) losses		(20)	(103)	(177)
Applicable income taxes		2,345	635	(690)
Balance at end of period		$ (6,378)	$ 540	$ 2,417

[1]Represents the impact of changes in foreign currency exchange rates on the Company’s investment in foreign operations and related hedges.

Shareholders' Equity - Impact t

Shareholders' Equity - Impact to Net Income for Items Reclassified out of Accumulated Other Comprehensive Income and into Earnings (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains (losses) on sale of investment securities	$ 20	$ 103	$ 177
Amortization of unrealized gains (losses)	17,945	13,487	14,840
Realized gains (losses) on derivative hedges	(3,217)	(993)	(2,015)
Actuarial gains (losses) and prior service cost (credit) amortization	(1,398)	(1,207)	(1,833)
Applicable income taxes	(1,463)	(2,181)	(1,066)
Net income (loss)	5,838	7,985	4,985
Reclassification Out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income (loss)	(388)	(77)	32
Reclassification Out of Accumulated Other Comprehensive Income [Member] \| Unrealized Gains (Losses) on investment securities available-for-sale [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains (losses) on sale of investment securities	20	103	177
Applicable income taxes	(5)	(26)	(45)
Net income (loss)	15	77	132
Reclassification Out of Accumulated Other Comprehensive Income [Member] \| Unrealized gains (losses) on investment securities transferred from available-for-sale to held-to-maturity [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of unrealized gains (losses)	(400)	(36)	0
Applicable income taxes	119	9	0
Net income (loss)	(281)	(27)	0
Reclassification Out of Accumulated Other Comprehensive Income [Member] \| Unrealized Gains (Losses) on Derivative Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Realized gains (losses) on derivative hedges	(36)	(14)	(10)
Applicable income taxes	9	4	3
Net income (loss)	(27)	(10)	(7)
Reclassification Out of Accumulated Other Comprehensive Income [Member] \| Unrealized Gains (Losses) on Retirement Plans [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Actuarial gains (losses) and prior service cost (credit) amortization	(128)	(157)	(125)
Applicable income taxes	33	40	32
Net income (loss)	$ (95)	$ (117)	$ (93)

Shareholders' Equity - Componen

Shareholders' Equity - Components of Company's Regulatory Capital Requirements Under Banking Regulations (Detail) $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Bank Regulatory Capital Requirements
Common equity tier 1 capital as a percent of risk-weighted assets - Minimum capital ratio requirement (%)	0.07
Tier 1 capital as a percent of risk-weighted assets - Minimum capital ratio requirement	0.085
Total risk-based capital as a percent of risk-weighted assets - Minimum capital ratio requirement	0.105
Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) - Minimum capital ratio requirement	0.04
Tier 1 capital as a percent of total on- and off-balance sheet leverage exposure (total leverage exposure ratio) - Minimum capital ratio requirement	0.03
Common equity tier 1 capital as a percent of risk-weighted assets - Well capitalized ratio requirement (%)	0.065
Tier 1 capital as a percent of risk-weighted assets - Well capitalized ratio requirement	0.08
Total risk-based capital as a percent of risk-weighted assets - Well capitalized ratio requirement	0.10
Tier 1 capital as a percent of adjusted quarterly average assets (leverage ratio) - Well capitalized ratio requirement	0.05
Tier 1 capital as a percent of total on- and off-balance sheet leverage exposure (total leverage exposure ratio) - Well capitalized ratio requirement	0.03
U.S. Bancorp [Member]
Less intangible assets
Total risk-based capital as a percent of risk-weighted assets	0.119	0.134
U.S. Bancorp [Member] \| Basel III Standardized Approach: [Member]
Less intangible assets
Common equity tier 1 capital	$ 41,560	$ 41,701
Tier 1 capital	48,813	48,516
Total risk-based capital	59,015	56,250
Risk-weighted assets	$ 496,500	$ 418,571
Common equity tier 1 capital as a percent of risk-weighted assets	0.084	0.10
Tier 1 capital as a percent of risk-weighted assets	0.098	0.116
Tier 1 capital as a percent of adjusted quarterly average assets	0.079	0.086
Tier 1 capital as a percent of total on- and off-balance sheet leverage exposure	0.064	0.069
U.S. Bank National Association [Member]
Less intangible assets
Total risk-based capital as a percent of risk-weighted assets	0.13	0.129
U.S. Bank National Association [Member] \| Basel III Standardized Approach: [Member]
Less intangible assets
Common equity tier 1 capital	$ 46,681	$ 45,000
Tier 1 capital	47,127	45,444
Total risk-based capital	56,736	53,125
Risk-weighted assets	$ 436,764	$ 412,979
Common equity tier 1 capital as a percent of risk-weighted assets	0.107	0.109
Tier 1 capital as a percent of risk-weighted assets	0.108	0.11
Tier 1 capital as a percent of adjusted quarterly average assets	0.081	0.082
Tier 1 capital as a percent of total on- and off-balance sheet leverage exposure	0.065	0.066
MUFG Union Bank National Association [Member]
Less intangible assets
Total risk-based capital as a percent of risk-weighted assets	0.197
MUFG Union Bank National Association [Member] \| Basel III Standardized Approach: [Member]
Less intangible assets
Common equity tier 1 capital	$ 10,888
Tier 1 capital	10,888
Total risk-based capital	11,565
Risk-weighted assets	$ 58,641
Common equity tier 1 capital as a percent of risk-weighted assets	0.186
Tier 1 capital as a percent of risk-weighted assets	0.186
Tier 1 capital as a percent of adjusted quarterly average assets	0.109
Tier 1 capital as a percent of total on- and off-balance sheet leverage exposure	0.101

Earnings Per Share - Components

Earnings Per Share - Components of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Earnings Per Share [Abstract]
Net income attributable to U.S. Bancorp	$ 5,825		$ 7,963		$ 4,959
Preferred dividends	(296)	[1]	(303)	[2]	(304)	[3]
Impact of preferred stock call and redemption			(17)	[4]	(13)	[5]
Earnings allocated to participating stock awards	(28)		(38)		(21)
Net income applicable to U.S. Bancorp common shareholders	$ 5,501		$ 7,605		$ 4,621
Average common shares outstanding	1,489		1,489		1,509
Net effect of the exercise and assumed purchase of stock awards	1		1		1
Average diluted common shares outstanding	1,490		1,490		1,510
Earnings per common share	$ 3.69		$ 5.11		$ 3.06
Diluted earnings per common share	$ 3.69		$ 5.1		$ 3.06

[1]Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $3,965.458, $962.487, $1,325.00, $1,375.00, $937.50, $1,000.00, $925.00, and $1,050.00, respectively.[2]Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series I, Series J, Series K, Series L, Series M and Series N Non-Cumulative Perpetual Preferred Stock of $3,548.61, $887.153, $1,625.00, $232.953, $1,325.00, $1,375.00, $937.50, $952.778 and $202.986, respectively.[3]Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series H, Series I, Series J, Series K and Series L Non-Cumulative Perpetual Preferred Stock of $3,558.332, $889.58, $1,625.00, $1,287.52, $1,281.25, $1,325.00, $1,375.00 and $203.13, respectively.[4]Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series I and Series F Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares.[5]Represents stock issuance costs originally recorded in preferred stock upon the issuance of the Company’s Series H Preferred Stock that were reclassified to retained earnings on the date the Company announced its intent to redeem the outstanding shares.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding of common shares	1	2

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Qualified employees maximum contribution to defined contribution savings plan allowed in percentage of annual compensation	75%
Company contribution, percentage company contribution matches of the employee's percentage contribution matched	100%
Employee retirement savings plan matching expenses	$ 211	$ 213	$ 192
Vesting service period for defined benefit pension plan	3 years
Global Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	30%
Domestic Mid-Small Cap Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	5%
Emerging Markets Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	5%
Real Estate Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	10%
Long-duration bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	35%
Hedge Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	5%
Private Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Asset allocation for the company's qualified pension plan	10%
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions to qualified pension and postretirement welfare plan	$ 28	26
Plan assets measured at fair value	7,375	8,113	$ 7,498
Pension Plans [Member] \| Nonqualified Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions to qualified pension and postretirement welfare plan	26
Company contributions to pension and postretirement welfare plan in next fiscal year	26
Pension Plans [Member] \| Hedge Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	451	450
Pension Plans [Member] \| Private Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	1,028	814
Management Arrangement With Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	$ 87.8	$ 55.3

Employee Benefits - Summary of

Employee Benefits - Summary of Changes in Projected Benefit Obligation, Plan Assets, Funded Status, Amounts Recognized in Consolidated Balance Sheet and Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Plans [Member]
Change In Projected Benefit Obligation
Benefit obligation at beginning of measurement period	$ 8,030	$ 7,805
Service cost	280	265	$ 235
Interest cost	$ 248	$ 219	235
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Labor-related Expenses	Other Labor-related Expenses
Plan amendments	$ 2
Actuarial (gain) loss	(2,250)	$ (4)
Lump sum settlements	(76)	(71)
Acquisitions(divestitures)	578
Benefit payments	(195)	(184)
Benefit obligation at end of measurement period	6,617	8,030	7,805
Change In Fair Value Of Plan Assets
Balance at beginning of period	8,113	7,498
Actual return on plan assets	(1,245)	844
Employer contributions	28	26
Lump sum settlements	(76)	(71)
Benefit payments	(195)	(184)
Acquisitions(divestitures)	750
Balance at end of period	7,375	8,113	7,498
Funded (Unfunded) Status	758	83
Noncurrent benefit asset	1,286	776
Current benefit liability	(25)	(26)
Noncurrent benefit liability	(503)	(667)
Recognized amount	758	83
Net actuarial (loss) gain	(1,326)	(1,989)
Net prior service credit (cost)	12	16
Recognized amount	(1,314)	(1,973)
Postretirement Welfare Plan [Member]
Change In Projected Benefit Obligation
Benefit obligation at beginning of measurement period	34	38
Interest cost	$ 1	$ 1	1
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Labor-related Expenses	Other Labor-related Expenses
Participants' contributions	$ 3	$ 4
Actuarial (gain) loss	(6)	(2)
Acquisitions(divestitures)	27
Benefit payments	(8)	(7)
Benefit obligation at end of measurement period	51	34	$ 38
Change In Fair Value Of Plan Assets
Actual return on plan assets	(1)
Employer contributions	5	3
Participants' contributions	4	4
Benefit payments	(8)	(7)
Acquisitions(divestitures)	42
Balance at end of period	42
Funded (Unfunded) Status	(9)	(34)
Noncurrent benefit asset	15
Current benefit liability	(4)	(5)
Noncurrent benefit liability	(20)	(29)
Recognized amount	(9)	(34)
Net actuarial (loss) gain	57	58
Net prior service credit (cost)	5	8
Recognized amount	$ 62	$ 66

Employee Benefits - Summary o_2

Employee Benefits - Summary of Changes in Projected Benefit Obligation, Plan Assets, Funded Status, Amounts Recognized in Consolidated Balance Sheet and Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Billions	Dec. 31, 2022	Dec. 31, 2021
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation for all pension plans	$ 5	$ 7.3

Employee Benefits - Pension Pla

Employee Benefits - Pension Plans with Benefit Obligations in Excess of Plan Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Pension Plans [Member]
Plans with Projected Benefit Obligations in Excess of Plan Assets
Projected benefit obligation	$ 528	$ 692
Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligation	487	631
Postretirement Welfare Plan [Member]
Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligation	$ 24	$ 34

Employee Benefits - Components

Employee Benefits - Components of Net Periodic Benefit Cost and Other Amounts Recognized in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Plans [Member]
Components Of Net Periodic Benefit Cost
Service cost	$ 280	$ 265	$ 235
Interest cost	248	219	235
Expected return on plan assets	(481)	(450)	(403)
Prior service cost (credit) amortization	(2)	(2)
Actuarial loss (gain) amortization	140	169	134
Net periodic benefit cost	185	201	201
Net actuarial gain (loss) arising during the year	523	398	(420)
Net actuarial loss (gain) amortized during the year	140	169	134
Net prior service (cost) credit arising during the year	(2)		18
Net prior service cost (credit) amortized during the year	(2)	(2)
Total recognized in other comprehensive income (loss)	659	565	(268)
Total recognized in net periodic benefit cost and other comprehensive income (loss)	474	364	(469)
Postretirement Welfare Plan [Member]
Components Of Net Periodic Benefit Cost
Interest cost	1	1	1
Expected return on plan assets			(3)
Prior service cost (credit) amortization	(3)	(3)	(3)
Actuarial loss (gain) amortization	(7)	(7)	(6)
Net periodic benefit cost	(9)	(9)	(11)
Net actuarial gain (loss) arising during the year	5	2	1
Net actuarial loss (gain) amortized during the year	(7)	(7)	(6)
Net prior service cost (credit) amortized during the year	(3)	(3)	(3)
Total recognized in other comprehensive income (loss)	(5)	(8)	(8)
Total recognized in net periodic benefit cost and other comprehensive income (loss)	$ 4	$ 1	$ 3

Employee Benefits - Weighted Av

Employee Benefits - Weighted Average Assumptions to Determine Projected Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Projected Benefit Obligation Assumptions [Member] \| Prior to age 65 [Member]
Health care cost trend rate
Health care cost trend rate	6.50%	5.75%
Projected Benefit Obligation Assumptions [Member] \| After age 65 [Member]
Health care cost trend rate
Health care cost trend rate	6.50%	5.75%
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.55%	3%
Cash balance interest crediting rate	3.36%	3%
Rate of compensation increase	4.13%	3.56%
Postretirement Welfare Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.43%	2.37%

Employee Benefits - Weighted _2

Employee Benefits - Weighted Average Assumptions to Determine Projected Benefit Obligations (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Prior to age 65 [Member]
Defined Benefit Plan Disclosure [Line Items]
Assumed rate decrease	5%	5%
Health care cost trend rate to decrease Period	2029	2025
After age 65 [Member]
Defined Benefit Plan Disclosure [Line Items]
Assumed rate decrease	5%	5%
Health care cost trend rate to decrease Period	2029	2025

Employee Benefits - Weighted _3

Employee Benefits - Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3%	2.75%	3.40%
Cash balance interest crediting rate	3%	3%	3%
Expected return on plan assets	6.50%	6.50%	7.25%
Rate of compensation increase	3.56%	3.56%	3.56%
Postretirement Welfare Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.37%	2.37%	2.80%
Expected return on plan assets	6.50%		3.50%
Net Periodic Benefit Cost Assumptions [Member] \| Prior to age 65 [Member]
Health care cost trend rate
Health care cost trend rate	5.75%	5.75%	6.25%
Net Periodic Benefit Cost Assumptions [Member] \| After age 65 [Member]
Health care cost trend rate
Health care cost trend rate	5.75%	5.75%	6.25%

Employee Benefits - Weighted _4

Employee Benefits - Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Prior to age 65 [Member]
Defined Benefit Plan Disclosure [Line Items]
Assumed rate decrease	5%	5%
Health care cost trend rate to decrease Period	2025	2025
After age 65 [Member]
Defined Benefit Plan Disclosure [Line Items]
Assumed rate decrease	5%	5%
Health care cost trend rate to decrease Period	2025	2025

Employee Benefits - Summary o_3

Employee Benefits - Summary of Plan Investment Assets Measured at Fair Value (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Level 3 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	$ 6	$ 4	$ 6	$ 3
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	7,375	8,113	$ 7,498
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	2,562	2,762
Pension Plans [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	202	43
Pension Plans [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	1,816	2,118
Pension Plans [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	382	409
Pension Plans [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	156	188
Pension Plans [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	6	4
Pension Plans [Member] \| Collective Investment Funds Domestic Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	1,494	1,958
Pension Plans [Member] \| Collective Investment Fund Mid-Small Cap Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	313	433
Pension Plans [Member] \| Collective Investment Funds International Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	620	867
Pension Plans [Member] \| Hedge Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	451	450
Pension Plans [Member] \| Private Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	1,028	814
Pension Plans [Member] \| Domestic Real Estate Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	907	829
Pension Plans [Member] \| Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	1,163	1,065
Pension Plans [Member] \| Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	202	43
Pension Plans [Member] \| Level 1 [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	961	1,022
Pension Plans [Member] \| Level 1 [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 1 [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 1 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	1,393	1,693
Pension Plans [Member] \| Level 2 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 2 [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	855	1,096
Pension Plans [Member] \| Level 2 [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	382	409
Pension Plans [Member] \| Level 2 [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	156	188
Pension Plans [Member] \| Level 2 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	6	4
Pension Plans [Member] \| Level 3 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 3 [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 3 [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 3 [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	0
Pension Plans [Member] \| Level 3 [Member] \| Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	6	$ 4
Postretirement Welfare Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	42
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	19
Postretirement Welfare Plan [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	7
Postretirement Welfare Plan [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	9
Postretirement Welfare Plan [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	2
Postretirement Welfare Plan [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	1
Postretirement Welfare Plan [Member] \| Collective Investment Funds Domestic Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	7
Postretirement Welfare Plan [Member] \| Collective Investment Fund Mid-Small Cap Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	2
Postretirement Welfare Plan [Member] \| Collective Investment Funds International Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	3
Postretirement Welfare Plan [Member] \| Hedge Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	2
Postretirement Welfare Plan [Member] \| Private Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	5
Postretirement Welfare Plan [Member] \| Domestic Real Estate Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	4
Postretirement Welfare Plan [Member] \| Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	12
Postretirement Welfare Plan [Member] \| Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	7
Postretirement Welfare Plan [Member] \| Level 1 [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	5
Postretirement Welfare Plan [Member] \| Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value, excluding assets not classified in fair hierarchy	7
Postretirement Welfare Plan [Member] \| Level 2 [Member] \| Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	4
Postretirement Welfare Plan [Member] \| Level 2 [Member] \| Debt Securities Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	2
Postretirement Welfare Plan [Member] \| Level 2 [Member] \| Emerging Markets Equity Mutual Fund Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	$ 1

Employee Benefits - Summary o_4

Employee Benefits - Summary of Plan Investment Assets Measured at Fair Value (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Collective Investment Fund Mid-Small Cap Equity Securities [Member] \| Domestic Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan assets measured at fair value	$ 315	$ 433

Employee Benefits - Summarizes

Employee Benefits - Summarizes Changes for Qualified Pension Plan Investment Assets Measured at Fair Value Using Significant Unobservable Inputs (Level 3) (Detail) - Other [Member] - Level 3 [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Balance at beginning of period	$ 4	$ 6	$ 3
Unrealized gains (losses) relating to assets still held at end of year	2	(2)	3
Purchases, sales, and settlements, net	0	0	0
Balance at end of period	$ 6	$ 4	$ 6

Employee Benefits - Expected Fu

Employee Benefits - Expected Future Benefit Payments (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
2023	$ 337
2024	332
2025	387
2026	394
2027	409
2028-2032	2,359
Postretirement Welfare Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2023	5
2024	5
2025	5
2026	5
2027	5
2028-2032	$ 19

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Shares available for grant under Company's stock incentive plan (subject to adjustment for forfeitures)	20
Fair value of shares vested	$ 198	$ 191	$ 182
Stock-based compensation expense	202	207	189
Stock-based compensation expense on an after tax basis	152	$ 155	$ 142
Unrecognized compensation cost related to nonvested share-based arrangements granted under plans	$ 158
Unrecognized compensation cost recognized over a weighted-average period as compensation expense	1 year 9 months 18 days
Minimum [Member]
Date of grant exercisable period	10 years
Stock and unit awards vesting period	3 years
Maximum [Member]
Stock and unit awards vesting period	5 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Options Outstanding and Exercised Under Prior and Existing Stock Incentive Plans (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Stock Options/Shares Outstanding, Weighted-Average Exercise Price, and Additional Disclosures [Abstract]
Stock Options/Shares, Outstanding at Beginning of the Period	3,890,131	5,180,391	5,718,256
Stock Options/Shares, Exercised	(624,729)	(1,281,646)	(513,293)
Stock Options/Shares, Cancelled	(12,312)	(8,614)	(24,572)
Stock Options/Shares, Outstanding at End of the Period	3,253,090	3,890,131	5,180,391
Stock Options/Shares, Exercisable at End of Period	3,253,090	3,890,131	4,942,077
Weighted-Average Exercise Price, Outstanding at Beginning of the Period	$ 42.58	$ 40.38	$ 39.25
Weighted-Average Exercise Price, Exercised	32.87	33.66	27.48
Weighted-Average Exercise Price, Cancelled	50.97	48.2	45.08
Weighted-Average Exercise Price, Outstanding at End of the Period	44.42	42.58	40.38
Weighted-Average Exercise Price, Exercisable at End of Period	$ 44.42	$ 42.58	$ 39.68
Weighted-Average Remaining Contractual Term, Outstanding at the End of the Period	2 years 8 months 12 days	3 years 3 months 18 days	3 years 8 months 12 days
Weighted-Average Remaining Contractual Term, Exercisable at End of Period	2 years 8 months 12 days	3 years 3 months 18 days	3 years 7 months 6 days
Aggregate Intrinsic Value, Outstanding at the End of the Period	$ 0	$ 53	$ 32
Aggregate Intrinsic Value, Exercisable at End of Period	$ 0	$ 53	$ 34

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Certain Stock Option Activity (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Fair value of options vested	$ 0	$ 3	$ 7
Intrinsic value of options exercised	15	27	11
Cash received from options exercised	21	43	14
Tax benefit realized from options exercised	$ 4	$ 7	$ 3

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options Outstanding Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding Options, Shares \| shares	3,253,090
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)	2 years 8 months 12 days
Outstanding Options, Weighted-Average Exercise Price	$ 44.42
Exercisable Options, Shares \| shares	3,253,090
Exercisable Options, Weighted-Average Exercise Price	$ 44.42
Exercise Price Range $30.01-$35.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Lower range limit of Exercise Prices	30.01
Upper range limit of Exercise Prices	$ 35
Outstanding Options, Shares \| shares	141,571
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)	1 month 6 days
Outstanding Options, Weighted-Average Exercise Price	$ 33.95
Exercisable Options, Shares \| shares	141,571
Exercisable Options, Weighted-Average Exercise Price	$ 33.95
Exercise Price Range $35.01-$40.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Lower range limit of Exercise Prices	35.01
Upper range limit of Exercise Prices	$ 40
Outstanding Options, Shares \| shares	1,019,379
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)	3 years 1 month 6 days
Outstanding Options, Weighted-Average Exercise Price	$ 39.49
Exercisable Options, Shares \| shares	1,019,379
Exercisable Options, Weighted-Average Exercise Price	$ 39.49
Exercise Price Range $40.01-$45.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Lower range limit of Exercise Prices	40.01
Upper range limit of Exercise Prices	$ 45
Outstanding Options, Shares \| shares	1,242,665
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)	1 year 8 months 12 days
Outstanding Options, Weighted-Average Exercise Price	$ 42.44
Exercisable Options, Shares \| shares	1,242,665
Exercisable Options, Weighted-Average Exercise Price	$ 42.44
Exercise Price Range $45.01-$50.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Lower range limit of Exercise Prices	45.01
Upper range limit of Exercise Prices	$ 50
Outstanding Options, Shares \| shares
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)
Outstanding Options, Weighted-Average Exercise Price
Exercisable Options, Shares \| shares
Exercisable Options, Weighted-Average Exercise Price
Exercise Price Range $50.01-$55.01 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Lower range limit of Exercise Prices	50.01
Upper range limit of Exercise Prices	$ 55.01
Outstanding Options, Shares \| shares	849,475
Outstanding Options, Weighted-Average Remaining Contractual Life (Years)	4 years 1 month 6 days
Outstanding Options, Weighted-Average Exercise Price	$ 54.96
Exercisable Options, Shares \| shares	849,475
Exercisable Options, Weighted-Average Exercise Price	$ 54.96

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Company's Restricted Shares of Stock and Unit Awards (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number Of Shares And Weighted Average Grant Date Fair Value [Abstract]
Outstanding at beginning of period, shares	6,812,753	6,343,313	6,606,833
Granted, shares	4,109,793	4,512,995	3,552,923
Vested, shares	(3,690,666)	(3,793,978)	(3,534,770)
Cancelled, shares	(351,054)	(249,577)	(281,673)
Outstanding at end of period, shares	6,880,826	6,812,753	6,343,313
Outstanding at beginning of period, weighted-average grant-date fair value	$ 51.04	$ 51.38	$ 48.99
Granted, weighted-average grant-date fair value	55.62	52.54	53.9
Vested, weighted-average grant-date fair value	52.88	53.27	49.28
Cancelled, weighted-average grant-date fair value	54.95	52.83	53.51
Outstanding at end of period, weighted-average grant-date fair value	$ 52.59	$ 51.04	$ 51.38

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Federal
Current	$ 1,366	$ 1,203	$ 1,146
Deferred	(108)	469	(291)
Federal income tax	1,258	1,672	855
State
Current	401	398	355
Deferred	(196)	111	(144)
State income tax	205	509	211
Applicable income taxes	$ 1,463	$ 2,181	$ 1,066

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Taxes Additional Information [Abstract]
Federal statutory rate	21%	21%	21%
Unrecognized tax positions that if recognized would impact the effective tax rate	$ 294	$ 285	$ 280
Interest recorded on unrecognized tax positions	7	$ 5	$ 5
Unrecognized tax positions as a component of income taxes expense, accrued interest	52
Federal, state and foreign net operating loss carryforwards	2,800
Base year reserves included in retained earnings of acquired thrift institutions for which no deferred federal income tax liability has been recognized	$ 102
Credit carryforwards expiration term	Dec. 31, 2042
Federal [Member]
Income Taxes Additional Information [Abstract]
Credit carryforwards	$ 1,700
Minimum [Member]
Income Taxes Additional Information [Abstract]
Federal, state and foreign net operating loss carryforwards expiration term	Dec. 31, 2023

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Expected Income Tax Expense at Federal Statutory Rate of 21 Percent to Company's Applicable Income Tax Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Tax at statutory rate	$ 1,533	$ 2,135	$ 1,271
State income tax, at statutory rates, net of federal tax benefit	305	439	240
Revaluation of tax related assets and liabilities	(79)
Tax credits and benefits, net of related expenses	(273)	(331)	(370)
Tax-exempt income	(121)	(114)	(117)
Nondeductible legal and regulatory expenses	37	24	29
Other items	61	28	13
Applicable income taxes	$ 1,463	$ 2,181	$ 1,066

Income Taxes - Reconciliation_2

Income Taxes - Reconciliation of Expected Income Tax Expense at Federal Statutory Rate of 21 Percent to the Company's Applicable Income Tax Expense (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Net income tax benefit	$ (79)
MUFG Union Bank [Member]
Net income tax benefit	$ 79

Income Taxes - Reconciliation_3

Income Taxes - Reconciliation of Changes in Federal, State and Foreign Unrecognized Tax Position Balances (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Uncertainties [Abstract]
Balance at beginning of period	$ 487	$ 474	$ 432
Additions for tax positions taken in prior years	35	14	62
Additions for tax positions taken in the current year	3	7	6
Exam resolutions	(8)	(1)	(8)
Statute expirations	(4)	(7)	(18)
Balance at end of period	$ 513	$ 487	$ 474

Income Taxes - Significant Comp

Income Taxes - Significant Components of the Company's Net Deferred Tax Asset (Liability) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets, Gross [Abstract]
Securities available-for-sale and financial instruments	$ 3,992	$ 163
Federal, state and foreign net operating loss, credit carryforwards and other carryforwards	2,677	2,331
Allowance for credit losses	1,980	1,561
Loans	1,287
Accrued expenses	618	568
Obligation for operating leases	368	281
Partnerships and other investment assets	112
Stock compensation	81	76
Pension and postretirement benefits		8
Other deferred tax assets, net	501	451
Gross deferred tax assets	11,616	5,439
Deferred Tax Liabilities
Leasing activities	(1,813)	(2,263)
Goodwill and other intangible assets	(1,575)	(845)
Mortgage servicing rights	(815)	(593)
Right of use operating leases	(325)	(246)
Pension and postretirement benefits	(172)
Fixed assets	(125)	(238)
Loans		(85)
Partnerships and other investment assets		(8)
Other deferred tax liabilities, net	(234)	(127)
Gross deferred tax liabilities	(5,059)	(4,405)
Valuation allowance	(263)	(249)
Net Deferred Tax Asset	$ 6,294	$ 785

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Realized and unrealized gains (losses) on derivatives classified as cash flow hedges recorded in other comprehensive income (loss)	$ (114)	$ (85)
Fair value of derivatives under collateral agreements in a net liability position	2,600
Collateral posted by company netted against net liability position	2,100
Estimated gain to be reclassified from other comprehensive income (loss) into earnings	(52)
Derivative, Notional amount	1,100,000
Net Investment Hedging [Member]
Derivative [Line Items]
Non-derivative debt instruments designated as net investment hedges	$ 1,300	1,300
Cash Flow Hedges [Member]
Derivative [Line Items]
Derivative, Notional amount		$ 0

Derivative Instruments - Summar

Derivative Instruments - Summary of Asset and Liability Management Derivative Positions of Company (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Notional Value	$ 1,100,000
Cash Flow Hedges [Member]
Derivative [Line Items]
Notional Value		$ 0
Asset and Liability Management Positions [Member]
Derivative [Line Items]
Notional Value	90,763	116,117
Fair Value, Assets	396	350
Fair Value, Liabilities	422	409
Asset and Liability Management Positions [Member] \| Other Derivatives [Member]
Derivative [Line Items]
Notional Value	1,908	1,792
Fair Value, Assets	11
Fair Value, Liabilities	190	125
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Receive Fixed/Pay Floating Swaps [Member]
Derivative [Line Items]
Notional Value	9,215	9,653
Fair Value, Assets	0
Fair Value, Liabilities	3
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Pay Fixed/Receive Floating Swaps [Member]
Derivative [Line Items]
Notional Value	9,616	7,033
Fair Value, Assets	0
Fair Value, Liabilities	0
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Futures and Forwards [Member] \| Purchased [Member]
Derivative [Line Items]
Notional Value	3,546	9,322
Fair Value, Assets	10	10
Fair Value, Liabilities	18	16
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Futures and Forwards [Member] \| Written [Member]
Derivative [Line Items]
Notional Value	7,522	29,348
Fair Value, Assets	20	25
Fair Value, Liabilities	38	27
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Options [Member] \| Purchased [Member]
Derivative [Line Items]
Notional Value	11,434	18,570
Fair Value, Assets	346	256
Fair Value, Liabilities	0
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Options [Member] \| Written [Member]
Derivative [Line Items]
Notional Value	7,849	9,662
Fair Value, Assets	7	52
Fair Value, Liabilities	148	231
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Foreign Exchange Forward Contracts [Member]
Derivative [Line Items]
Notional Value	962	735
Fair Value, Assets	2	2
Fair Value, Liabilities	6	6
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Equity Contracts [Member]
Derivative [Line Items]
Notional Value	361	209
Fair Value, Assets	0	5
Fair Value, Liabilities	10
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Credit Contracts [Member]
Derivative [Line Items]
Notional Value	330	0
Fair Value, Assets	0	0
Fair Value, Liabilities	0	0
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Rate Contracts [Member] \| Receive Fixed/Pay Floating Swaps [Member]
Derivative [Line Items]
Notional Value	17,400	12,350
Fair Value, Assets	0
Fair Value, Liabilities	9
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Rate Contracts [Member] \| Pay Fixed/Receive Floating Swaps [Member]
Derivative [Line Items]
Notional Value	5,542	16,650
Fair Value, Assets	0
Fair Value, Liabilities	0
Asset and Liability Management Positions [Member] \| Cash Flow Hedges [Member] \| Interest Rate Contracts [Member] \| Receive Fixed/Pay Floating Swaps [Member]
Derivative [Line Items]
Notional Value	14,300
Fair Value, Assets	0
Fair Value, Liabilities	0
Asset and Liability Management Positions [Member] \| Net Investment Hedges [Member] \| Foreign Exchange Forward Contracts [Member]
Derivative [Line Items]
Notional Value	778	793
Fair Value, Assets	0
Fair Value, Liabilities	$ 0	$ 4

Derivative Instruments - Summ_2

Derivative Instruments - Summary of Asset and Liability Management Derivative Positions of Company (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Total notional value	$ 1,100,000
Asset and Liability Management Positions [Member]
Derivative [Line Items]
Total notional value	90,763	$ 116,117
Fair Value, Liabilities	422	409
Asset and Liability Management Positions [Member] \| Swap [Member] \| Visa Class B Shares [Member]
Derivative [Line Items]
Notional Value, Liabilities	1,800	1,800
Fair Value, Liabilities	190	125
Asset and Liability Management Positions [Member] \| Underwriting Purchase and Sale Commitments [Member]
Derivative [Line Items]
Total notional value	$ 13	$ 8

Derivative Instruments - Summ_3

Derivative Instruments - Summary of Customer-Related Derivative Positions of Company (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Notional Value	$ 1,100,000
Customer-Related Positions [Member]
Derivative [Line Items]
Notional Value	1,014,834	$ 651,844
Fair Value, Assets	7,476	3,537
Fair Value, Liabilities	10,277	2,489
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Receive Fixed/Pay Floating Swaps [Member]
Derivative [Line Items]
Notional Value	301,690	178,701
Fair Value, Assets	309	2,007
Fair Value, Liabilities	5,689	438
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Pay Fixed/Receive Floating Swaps [Member]
Derivative [Line Items]
Notional Value	316,133	174,176
Fair Value, Assets	2,323	134
Fair Value, Liabilities	206	670
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Other Derivatives [Member]
Derivative [Line Items]
Notional Value	40,261	16,267
Fair Value, Assets	3	1
Fair Value, Liabilities	16	2
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Options [Member] \| Purchased [Member]
Derivative [Line Items]
Notional Value	103,489	89,679
Fair Value, Assets	1,794	194
Fair Value, Liabilities	5	36
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Options [Member] \| Written [Member]
Derivative [Line Items]
Notional Value	99,923	85,211
Fair Value, Assets	6	36
Fair Value, Liabilities	1,779	176
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Futures [Member] \| Purchased [Member]
Derivative [Line Items]
Notional Value	3,623	3,607
Fair Value, Assets	0
Fair Value, Liabilities	4
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Futures [Member] \| Written [Member]
Derivative [Line Items]
Notional Value	2,376	3,941
Fair Value, Assets	8
Fair Value, Liabilities	0
Customer-Related Positions [Member] \| Foreign Exchange Rate Contracts [Member] \| Forwards, Spots and Swaps [Member]
Derivative [Line Items]
Notional Value	134,666	89,321
Fair Value, Assets	3,010	1,145
Fair Value, Liabilities	2,548	1,143
Customer-Related Positions [Member] \| Foreign Exchange Option [Member] \| Purchased [Member]
Derivative [Line Items]
Notional Value	954	805
Fair Value, Assets	22	19
Fair Value, Liabilities	0
Customer-Related Positions [Member] \| Foreign Exchange Option [Member] \| Written [Member]
Derivative [Line Items]
Notional Value	954	805
Fair Value, Assets	0
Fair Value, Liabilities	22	19
Customer-Related Positions [Member] \| Credit Contracts [Member]
Derivative [Line Items]
Notional Value	10,765	9,331
Fair Value, Assets	1	1
Fair Value, Liabilities	$ 8	$ 5

Derivative Instruments - Summ_4

Derivative Instruments - Summary of Effective Portion of Gains (Losses) Recognized in Other Comprehensive Income (Loss) and Gains (Losses) Reclassified from Other Comprehensive Income (Loss) into Earnings (Detail) - Asset and Liability Management Positions [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash Flow Hedges [Member] \| Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Losses) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (56)	$ 94	$ (145)
Derivative Instruments, Gains (Losses) Reclassified from Other Comprehensive Income (Loss) into Earnings	(27)	(10)	(7)
Net Investment Hedges [Member] \| Foreign Exchange Forward Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Losses) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	42	19	(21)
Net Investment Hedges [Member] \| Non Derivative Debt Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Losses) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ 59	$ 84	$ (90)

Derivative Instruments - Summ_5

Derivative Instruments - Summary of Effect of Fair Value and Cash Flow Hedge Accounting on Consolidated Statement of Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total amount of income line items presented in the Consolidated Statement of Income in which the effects of fair value or cash flow hedges are recorded	$ 17,945	$ 13,487	$ 14,840
Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total amount of income line items presented in the Consolidated Statement of Income in which the effects of fair value or cash flow hedges are recorded	3,217	993	2,015
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gains (Losses) Recognized in Earnings related to fair value hedged item	(139)	(19)	(1)
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gains (Losses) Recognized in Earnings related to fair value hedged item	(486)	(232)	134
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Rate Contracts [Member] \| Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gains (Losses) Recognized in Earnings related to fair value hedge	138	17	1
Asset and Liability Management Positions [Member] \| Fair Value Hedges [Member] \| Interest Rate Contracts [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gains (Losses) Recognized in Earnings related to fair value hedge	$ 482	232	(134)
Asset and Liability Management Positions [Member] \| Cash Flow Hedges [Member] \| Interest Rate Contracts [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gains (Losses) Recognized in Earnings related to cash flow hedge		$ 14	$ 10

Derivative Instruments - Summ_6

Derivative Instruments - Summary of Effect of Fair Value and Cash Flow Hedge Accounting on Consolidated Statement of Income (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instrument Detail [Abstract]
Gains (losses) recognized in earnings related discontinuance of cash flow hedges	$ 36	$ 53	$ 41
OCI, Cash Flow Hedge, Reclassification for Discontinuance, Statement of Income or Comprehensive Income [Extensible Enumeration]	Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax

Derivative Instruments - Summ_7

Derivative Instruments - Summary of Cumulative Hedging Adjustments and the Carrying Amount of Assets and Liabilities Designated in Fair Value Hedges (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Available-for-Sale Securities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Carrying Amount of the Hedged Assets	$ 4,937	$ 16,445
Cumulative hedging adjustment included in the carrying amount of the hedged assets	(552)	(26)
Long-term Debt Securities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Carrying amount of the hedged liabilities	17,190	12,278
Cumulative hedging adjustment included in the carrying amount of the hedged liabilities	$ (142)	$ 585

Derivative Instruments - Summ_8

Derivative Instruments - Summary of Cumulative Hedging Adjustments and the Carrying Amount of Assets and Liabilities Designated in Fair Value Hedges (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Long-term Debt Securities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative hedging adjustment related to discontinued hedging relationships	$ 399	$ 640
Available-for-Sale Securities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative hedging adjustment asset related to discontinued hedging relationships	$ (392)	$ (6)

Derivative Instruments - Summ_9

Derivative Instruments - Summary of Gains (Losses) Recognized in Earnings for Other Economic Hedges and Customer-Related Positions (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Commercial Products Revenue [Member] \| Options [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	$ 20	$ (5)	$ (8)
Customer-Related Positions [Member] \| Interest Rate Contracts [Member] \| Commercial Products Revenue [Member] \| Futures [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	30	3	(18)
Customer-Related Positions [Member] \| Swaps [Member] \| Commercial Products Revenue [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	98	110	135
Customer-Related Positions [Member] \| Credit Contracts [Member] \| Commercial Products Revenue [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	20	(7)	(32)
Customer-Related Positions [Member] \| Foreign Exchange Rate Contracts [Member] \| Commercial Products Revenue [Member] \| Options [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	1	1	1
Customer-Related Positions [Member] \| Foreign Exchange Rate Contracts [Member] \| Commercial Products Revenue [Member] \| Forwards, Spots and Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	100	93	78
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Mortgage Banking Revenue [Member] \| Futures and Forwards [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	$ 407	$ 511	$ 82
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Interest Rate Contracts [Member] \| Mortgage Banking Revenue [Member] \| Options [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	$ 1	$ 527	$ 1,527
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Swaps [Member] \| Mortgage Banking Revenue/Other Noninterest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	(1,010)	(197)	598
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Foreign Exchange Forward Contracts [Member] \| Other Noninterest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	(1)	1	3
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Equity Contracts [Member] \| Compensation Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	(8)	7	3
Asset and Liability Management Positions [Member] \| Other Economic Hedges [Member] \| Other Derivatives [Member] \| Other Noninterest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in earnings	$ (181)	$ 5	$ (70)

Netting Arrangements for Cert_3

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Additional Information (Detail) $ in Billions	Dec. 31, 2022 USD ($)
Derivative [Line Items]
Notional amount of derivative	$ 1,100
Over the Counter Trades [Member]
Derivative [Line Items]
Notional amount of derivative	526.3
Exchange Cleared [Member]
Derivative [Line Items]
Notional amount of derivative	571.5
Exchange Traded [Member]
Derivative [Line Items]
Notional amount of derivative	$ 7.8

Netting Arrangements for Cert_4

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Summary of Maturities by Category of Collateral Pledged for Repurchase Agreements and Securities Loaned Transactions (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	$ 1,432	$ 1,575
Securities loaned	120	169
Gross amount of recognized liabilities for repurchase agreements and securities loaned	1,552	1,744
Overnight and Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	1,432	1,575
Securities loaned	120	169
Gross amount of recognized liabilities for repurchase agreements and securities loaned	1,552	1,744
U.S. Treasury and Agencies [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	147	378
U.S. Treasury and Agencies [Member] \| Overnight and Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	147	378
Residential Mortgage-Backed Securities [Member] \| Agency [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	846	551
Residential Mortgage-Backed Securities [Member] \| Overnight and Continuous [Member] \| Agency [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	846	551
Corporate Debt Securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	439	646
Securities loaned	120	169
Corporate Debt Securities [Member] \| Overnight and Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	439	646
Securities loaned	$ 120	$ 169

Netting Arrangements for Cert_5

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Assets But Available for Offset in Event of Default (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Offsetting [Abstract]
Derivative assets Gross Recognized Assets	$ 7,852	$ 3,830
Reverse repurchase agreements Gross Recognized Assets	107	359
Securities borrowed Gross Recognized Assets	1,606	1,868
Total Gross Recognized Assets	9,565	6,057
Derivative assets Gross amounts assets offset in consolidated balance sheet	(5,427)	(1,609)
Total Gross amounts assets offset in consolidated balance sheet	(5,427)	(1,609)
Derivative assets Net Amounts Presented in the Consolidated Balance Sheet	2,425	2,221
Reverse repurchase agreements Net Amounts Presented in the Consolidated Balance Sheet	107	359
Securities borrowed Net Amounts Presented in the Consolidated Balance Sheet	1,606	1,868
Total Net Amounts Presented in the Consolidated Balance Sheet	4,138	4,448
Derivative assets Gross financial instrument asset amounts not offset in consolidated balance sheet	(231)	(142)
Reverse repurchase agreements Gross financial instrument asset amounts not offset in consolidated balance sheet	(102)	(249)
Total Gross financial instrument asset amounts not offset in consolidated balance sheet	(333)	(391)
Derivative assets Gross collateral received amounts not offset in consolidated balance sheet	(80)	(106)
Reverse repurchase agreements Gross collateral received amounts not offset in consolidated balance sheet	(5)	(110)
Securities borrowed Gross collateral received amounts not offset in consolidated balance sheet	(1,548)	(1,818)
Total Gross collateral received amounts not offset in consolidated balance sheet	(1,633)	(2,034)
Derivative assets Net Amount	2,114	1,973
Securities borrowed Net Amount	58	50
Total Net Amount Assets	$ 2,172	$ 2,023

Netting Arrangements for Cert_6

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Assets But Available for Offset in Event of Default (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Offsetting [Abstract]
Cash collateral netted against derivative assets	$ 3,000	$ 528
Derivative assets not subject to netting arrangements	$ 20	$ 57

Netting Arrangements for Cert_7

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Liabilities But Available for Offset in Event of Default (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Offsetting [Abstract]
Derivative liabilities Gross recognized liabilities	$ 10,506	$ 2,761
Repurchase agreements Gross recognized liabilities	1,432	1,575
Securities loaned Gross recognized liabilities	120	169
Total Gross recognized liabilities	12,058	4,505
Derivative liabilities Gross amounts liabilities offset in consolidated balance sheet	(4,551)	(1,589)
Total Gross amounts liabilities offset in consolidated balance sheet	(4,551)	(1,589)
Derivative liabilities Net amounts liabilities presented in consolidated balance sheet	5,955	1,172
Repurchase agreements Net amounts liabilities presented in consolidated balance sheet	1,432	1,575
Securities loaned Net amounts liabilities presented in consolidated balance sheet	120	169
Total Net amounts liabilities presented in consolidated balance sheet	7,507	2,916
Derivative liabilities Gross financial instrument liability amounts not offset in consolidated balance sheet	(231)	(142)
Repurchase agreements Gross financial instrument liability amounts not offset in consolidated balance sheet	(102)	(249)
Total Gross financial instrument liability amounts not offset in consolidated balance sheet	(333)	(391)
Repurchase agreements Gross collateral pledged amounts not offset in consolidated balance sheet	(1,325)	(1,326)
Securities loaned Gross collateral pledged amounts not offset in consolidated balance sheet	(118)	(167)
Total Gross collateral pledged amounts not offset in consolidated balance sheet	(1,443)	(1,493)
Derivative liabilities Net Amount	5,724	1,030
Repurchase agreements Net Amount	5
Securities loaned Net Amount	2	2
Total Net Amount Liabilities	$ 5,731	$ 1,032

Netting Arrangements for Cert_8

Netting Arrangements for Certain Financial Instruments and Securities Financing Activities - Information on Company's Accounting Netting Adjustments and Items Not Offset in Consolidated Balance Sheet Liabilities But Available for Offset in Event of Default (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Offsetting [Abstract]
Cash collateral netted against derivative liabilities	$ 2,100	$ 508
Derivative liabilities not subject to netting arrangements	$ 193	$ 137

Fair Values of Assets and Lia_3

Fair Values of Assets and Liabilities - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Carrying value of unfunded commitments, deferred non-yield related loan fees and standby letters of credit	$ 498	$ 495
Other guarantees carrying value	241	245
Mortgage loans held for sale measured at fair value, net gain (loss)	$ (450)	$ (145)	$ 362
Minimum [Member]
Fair Value Disclosures [Abstract]
Assumed credit valuation adjustment as percentage of derivative contract fair value	0%
Maximum [Member]
Fair Value Disclosures [Abstract]
Assumed credit valuation adjustment as percentage of derivative contract fair value	1,867%
Weighted Average [Member]
Fair Value Disclosures [Abstract]
Assumed credit valuation adjustment as percentage of derivative contract fair value	2%

Fair Values of Assets and Lia_4

Fair Values of Assets and Liabilities - Valuation Assumption Ranges for MSRs (Detail) - Mortgage Servicing Rights [Member]	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected prepayment	7.80%	10.30%
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected prepayment	5%
Option adjusted spread	5%
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected prepayment	17%
Option adjusted spread	11%
Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected prepayment	8%
Option adjusted spread	6%

Fair Values of Assets and Lia_5

Fair Values of Assets and Liabilities - Valuation Assumption Ranges for Derivative Commitments (Detail) - Derivative Mortgage Loans Commitments [Member]	Dec. 31, 2022
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected loan close rate	3%
Inherent MSR value (basis points per loan)	31%
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected loan close rate	100%
Inherent MSR value (basis points per loan)	187%
Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected loan close rate	81%
Inherent MSR value (basis points per loan)	112%

Fair Values of Assets and Lia_6

Fair Values of Assets and Liabilities - Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities netting		$ (4,551)		$ (1,589)
Derivative assets netting		(5,427)		(1,609)
Available-for-sale securities	[1]	72,910	[2]	132,963
Mortgage loans held for sale		1,849		6,623
Mortgage servicing rights		3,755		2,953	$ 2,210	$ 2,546
Residential Mortgage-Backed Securities [Member] \| Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		29,271		77,079
Commercial Mortgage-Backed Securities [Member] \| Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7,145		8,485
Commercial Mortgage-Backed Securities [Member] \| Non Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7
Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		4,323		66
Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		6		7
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities total		6,148		1,309
Derivative assets total		2,445		2,278
Available-for-sale securities		72,910		132,963
Mortgage loans held for sale		1,849		6,623
Mortgage servicing rights		3,755		2,953
Other assets		2,004		2,199
Total		82,963		147,016
Short-term borrowings and other liabilities		1,689		2,046
Total		7,837		3,355
Fair Value, Measurements, Recurring [Member] \| Netting and Collateral One [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities netting		(4,551)		(1,589)
Derivative assets netting		(5,427)		(1,609)
Total		(5,427)		(1,609)
Total		(4,551)		(1,589)
Fair Value, Measurements, Recurring [Member] \| U.S. Treasury and Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		22,033		36,609
Fair Value, Measurements, Recurring [Member] \| Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		10,125		10,717
Fair Value, Measurements, Recurring [Member] \| Residential Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		29,271		77,079
Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities				8,485
Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member] \| Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7,145
Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member] \| Non Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7
Fair Value, Measurements, Recurring [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		4,323		66
Fair Value, Measurements, Recurring [Member] \| Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		6		7
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities before netting		4
Derivative assets before netting		9		8
Available-for-sale securities		13,723		30,917
Other assets		248		278
Total		13,980		31,203
Short-term borrowings and other liabilities		125		209
Total		129		209
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member] \| U.S. Treasury and Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		13,723		30,917
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities before netting		6,241		2,308
Derivative assets before netting		6,608		2,490
Available-for-sale securities		59,186		102,038
Mortgage loans held for sale		1,849		6,623
Other assets		1,756		1,921
Total		69,399		113,072
Short-term borrowings and other liabilities		1,564		1,837
Total		7,805		4,145
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| U.S. Treasury and Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		8,310		5,692
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		10,124		10,716
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Residential Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		29,271		77,079
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities				8,485
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member] \| Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7,145
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Commercial Mortgage-Backed Securities [Member] \| Non Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		7
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		4,323		59
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		6		7
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities before netting		4,454		590
Derivative assets before netting		1,255		1,389
Available-for-sale securities		1		8
Mortgage servicing rights		3,755		2,953
Total		5,011		4,350
Total		4,454		590
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member] \| Obligations of State and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		$ 1		1
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities				$ 7

[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.

Fair Values of Assets and Lia_7

Fair Values of Assets and Liabilities - Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Equity investments without readily determinable fair values	$ 104	$ 79

Fair Values of Assets and Lia_8

Fair Values of Assets and Liabilities - Changes in Fair Value for All Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Mortgage Servicing Rights [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of Period Balance	$ 2,953	$ 2,210	$ 2,546
Net Gains (Losses) Included in Net Income	311	(437)	(1,403)
Purchases	156	42	34
Sales	(255)	2	3
Issuances	590	1,136	1,030
End of Period Balance	3,755	2,953	2,210
Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	$ 311	$ (437)	$ (1,403)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Available-for-Sale Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of Period Balance	$ 8	$ 8	$ 9
Net Gains (Losses) Included in Other Comprehensive Income (Loss)	$ (3)	$ 1
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, before Tax	Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, before Tax
Sales	$ (4)
Principal Payments		$ (1)	(1)
End of Period Balance	$ 1	8	$ 8
Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period		$ 1
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period
Available-for-Sale Securities [Member] \| Obligations of State and Political Subdivisions [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of Period Balance	$ 1	$ 1	$ 1
End of Period Balance	$ 1	$ 1	$ 1
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period
Derivative [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of Period Balance	$ 799	$ 2,326	$ 810
Net Gains (Losses) Included in Net Income	(5,940)	(924)	2,922
Purchases	716	337	247
Sales	(36)	(3)	(3)
Settlements	1,251	(937)	(1,650)
End of Period Balance	(3,199)	799	2,326
Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	$ (3,538)	$ (968)	$ 1,649
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Gains (Losses) Included in Net Income	Net Gains (Losses) Included in Net Income	Net Gains (Losses) Included in Net Income
Asset-Backed Securities [Member] \| Available-for-Sale Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of Period Balance	$ 7	$ 7	$ 8
Net Gains (Losses) Included in Other Comprehensive Income (Loss)	(3)	1
Sales	$ (4)
Principal Payments		(1)	(1)
End of Period Balance		7	$ 7
Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period		$ 1
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period	Net Change in Unrealized Gains (Losses) Relating to Assets and Liabilities Held at End of Period

Fair Values of Assets and Lia_9

Fair Values of Assets and Liabilities - Changes in Fair Value for All Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Noninterest Income [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains and (losses) on net derivative assets and liabilities included in net income	$ (181)	$ 5	$ (70)
Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	$ (181)	$ 5	$ (70)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income
Mortgage Banking Revenue [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains and (losses) on net derivative assets and liabilities included in net income	$ (141)	$ 666	$ 1,900
Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	$ 5	$ 42	$ 247
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income
Commercial Products Revenue [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains and (losses) on net derivative assets and liabilities included in net income	$ (5,600)	$ (1,600)	$ 1,100
Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	$ (3,400)	$ (1,000)	$ 1,500
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period	Net Change in net derivative asset and liability unrealized gains (losses) relating to assets still held at end of period
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income	Net gains and (losses) on net derivative assets and liabilities included in net income

Fair Values of Assets and Li_10

Fair Values of Assets and Liabilities - Adjusted Carrying Values for Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	$ 97	$ 59
Other assets	21	77
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	97	59
Other assets	$ 21	$ 77

Fair Values of Assets and Li_11

Fair Values of Assets and Liabilities - Losses Recognized Related to Nonrecurring Fair Value Measurements of Individual Assets or Portfolios (Detail) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans [Member]
Fair Value Assets Measured On Nonrecurring Basis Losses Recognized [Line Items]
Losses recognized related to nonrecurring fair value measurements	$ 40	$ 60	$ 426
Other Assets [Member]
Fair Value Assets Measured On Nonrecurring Basis Losses Recognized [Line Items]
Losses recognized related to nonrecurring fair value measurements	$ 20	$ 25	$ 21

Fair Values of Assets and Li_12

Fair Values of Assets and Liabilities - Differences Between Aggregate Fair Value Carrying Amount of MLHFS for which Fair Value Option has been Elected and Aggregate Unpaid Principal Amount Contractually Obligated to Receive at Maturity (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair value carrying amount, total loans	$ 1,849	$ 6,623
Fair value carrying amount, nonaccrual loans	1	1
Fair value carrying amount, loans 90 days or more past due	1	2
Aggregate unpaid principal, total loans	1,848	6,453
Aggregate unpaid principal, nonaccrual loans	1	1
Aggregate unpaid principal, loans 90 days or more past due	1	2
Carrying amount over (under) unpaid principal, total loans	$ 1	$ 170

Fair Values of Assets and Li_13

Fair Values of Assets and Liabilities - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2022		Dec. 31, 2021
Financial Assets
Cash and due from banks	$ 53,542		$ 28,905
Investment securities held-to-maturity	88,740	[1],[2]	41,858
Loans	381,277		306,304
Financial Liabilities
Time deposits	32,946		22,665
Long-term debt	39,829		32,125
Carrying Amount [Member]
Financial Assets
Cash and due from banks	53,542		28,905
Federal funds sold and securities purchased under resale agreements	356		359
Investment securities held-to-maturity	88,740		41,858
Loans held for sale	351		1,152
Loans	318,277		306,304
Other	2,962		1,521
Financial Liabilities
Time deposits	32,946		22,665
Short-term borrowings	29,527		9,750
Long-term debt	39,829		32,125
Other	5,137		3,862
Fair Value [Member]
Financial Assets
Cash and due from banks	53,542		28,905
Federal funds sold and securities purchased under resale agreements	356		359
Investment securities held-to-maturity	77,874		41,812
Loans held for sale	351		1,152
Loans	368,874		312,724
Other	2,962		1,521
Financial Liabilities
Time deposits	32,338		22,644
Short-term borrowings	29,145		9,646
Long-term debt	37,622		32,547
Other	5,137		3,862
Fair Value [Member] \| Level 1 [Member]
Financial Assets
Cash and due from banks	53,542		28,905
Investment securities held-to-maturity	1,293
Fair Value [Member] \| Level 2 [Member]
Financial Assets
Federal funds sold and securities purchased under resale agreements	356		359
Investment securities held-to-maturity	76,581		41,812
Other	2,224		630
Financial Liabilities
Time deposits	32,338		22,644
Short-term borrowings	29,145		9,646
Long-term debt	37,622		32,547
Other	1,500		1,170
Fair Value [Member] \| Level 3 [Member]
Financial Assets
Loans held for sale	351		1,152
Loans	368,874		312,724
Other	738		891
Financial Liabilities
Other	$ 3,637		$ 2,692

[1]Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.

Guarantees and Contingent Lia_3

Guarantees and Contingent Liabilities - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Securities Lending Indemnifications [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	$ 6,685
Carrying Amount	0
Collateral Held	6,876
Tender Option Bond Program Guarantee [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	1,501
Carrying Amount	0
Collateral Held	1,508
Standby Letters of Credit [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	$ 10,813
Weighted-average term of standby letter of credit arrangements	19 months
Carrying Amount	$ 19
Collateral Held	0
Third Party Borrowing Arrangements [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	7
Carrying Amount	0
Collateral Held	0
Asset Sales [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	8,261
Carrying Amount	102
Collateral Held	0
Merchant Processing [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	134,611
Carrying Amount	118
Collateral Held	818
Airline Processing Arrangements [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Value of airline tickets purchased to deliver at future date through card transactions	9,900
Representation and Warranty [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Carrying Amount	17	$ 18
Unresolved representation and warranty claims from GSEs	39	$ 19
Unresolved Merchant Charge-backs [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Carrying Amount	18
Collateral Held	196
Syndication of Tax Advantaged Investments [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Carrying Amount	85
Escrow Deposits Letters of Credit Indemnities [Member] \| Airline Processing Arrangements [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Collateral Held	572
Merchant Escrow Deposits [Member] \| Airline Processing Arrangements [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Carrying Amount	100
Wholly Owned Unconsolidated Trust [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	$ 681
Percentage of common equity in wholly owned USB Capital IX	100%
Total assets of trust consisting primarily of Series A Preferred Stock	$ 682
Subsidiaries Financial Performance [Member]
Guarantees And Contingent Liabilities (Textual) [Abstract]
Maximum Potential Future Payments	$ 1,400

Guarantees and Contingent Lia_4

Guarantees and Contingent Liabilities - Contract or Notional Amounts of Unfunded Commitments to Extend Credit (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Commercial and Commercial Real Estate Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	$ 182,924
Corporate and Purchasing Card Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	34,491	[1]
Residential Mortgages [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	215
Retail credit card loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	120,730	[1]
Other Retail Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	42,653
Other [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	6,419
Less Than One Year [Member] \| Commercial and Commercial Real Estate Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	43,294
Less Than One Year [Member] \| Corporate and Purchasing Card Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	34,491	[1]
Less Than One Year [Member] \| Residential Mortgages [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	214
Less Than One Year [Member] \| Retail credit card loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	120,730	[1]
Less Than One Year [Member] \| Other Retail Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	15,012
Less Than One Year [Member] \| Other [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	6,419
Greater Than One Year [Member] \| Commercial and Commercial Real Estate Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	139,630
Greater Than One Year [Member] \| Corporate and Purchasing Card Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	0	[1]
Greater Than One Year [Member] \| Residential Mortgages [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	1
Greater Than One Year [Member] \| Retail credit card loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	0	[1]
Greater Than One Year [Member] \| Other Retail Loans [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	27,641
Greater Than One Year [Member] \| Other [Member]
Other Commitments [Line Items]
Contract or notional amounts of unfunded commitments to extend credit	$ 0

[1]Primarily cancelable at the Company’s discretion.

Guarantees and Contingent Lia_5

Guarantees and Contingent Liabilities - Summary of Other Guarantees and Contingent Liabilities (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Standby Letters of Credit [Member]
Guarantor Obligations [Line Items]
Collateral Held	$ 0
Carrying Amount	19
Maximum Potential Future Payments	10,813
Third Party Borrowing Arrangements [Member]
Guarantor Obligations [Line Items]
Collateral Held	0
Carrying Amount	0
Maximum Potential Future Payments	7
Securities Lending Indemnifications [Member]
Guarantor Obligations [Line Items]
Collateral Held	6,876
Carrying Amount	0
Maximum Potential Future Payments	6,685
Asset Sales [Member]
Guarantor Obligations [Line Items]
Collateral Held	0
Carrying Amount	102
Maximum Potential Future Payments	8,261
Merchant Processing [Member]
Guarantor Obligations [Line Items]
Collateral Held	818
Carrying Amount	118
Maximum Potential Future Payments	134,611
Tender Option Bond Program Guarantee [Member]
Guarantor Obligations [Line Items]
Collateral Held	1,508
Carrying Amount	0
Maximum Potential Future Payments	1,501
Other Guarantees [Member]
Guarantor Obligations [Line Items]
Collateral Held	0
Carrying Amount	21
Maximum Potential Future Payments	$ 2,032

Guarantees and Contingent Lia_6

Guarantees and Contingent Liabilities - Contract or Notional Amount of Letters of Credit (Detail) $ in Millions	Dec. 31, 2022 USD ($)
Commercial [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	$ 632
Commercial [Member] \| Less Than One Year [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	460
Commercial [Member] \| Greater Than One Year [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	172
Standby Letters of Credit [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	10,813
Standby Letters of Credit [Member] \| Less Than One Year [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	5,110
Standby Letters of Credit [Member] \| Greater Than One Year [Member]
Letters Of Credit [Line Items]
Contract or notional amount of letters of credit	$ 5,703

Business Segments - Additional

Business Segments - Additional Information (Detail) - Payment Services [Member] - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Rewards and Rebate Costs and Certain Partner Payments Included in Noninterest Income	$ 2.9	$ 2.5
Revenue generated from certain contracts with customers included in non-interest income	$ 8	$ 7.5

Business Segments - Business Se

Business Segments - Business Segment Results (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Noninterest income	$ 9,456		$ 10,227	$ 10,401
Provision for credit losses	1,977	[1]	(1,173)	3,806
Net income (loss)	5,838		7,985	4,985
Net (income) loss attributable to noncontrolling interests	(13)		(22)	(26)
Net income (loss) attributable to U.S. Bancorp	5,825		7,963	$ 4,959
Corporate and Commercial Banking [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	3,468		2,853
Noninterest income	1,008		1,039
Total income	4,476		3,892
Noninterest expense	1,872		1,741
Income (loss) before provision and income taxes	2,604		2,151
Provision for credit losses	149		65
Income (loss) before income taxes	2,455		2,086
Income taxes and taxable-equivalent adjustment	614		522
Net income (loss)	1,841		1,564
Net (income) loss attributable to noncontrolling interests	0		0
Net income (loss) attributable to U.S. Bancorp	1,841		1,564
Loans	127,916		103,404
Other earning assets	4,532		4,537
Goodwill	1,915		1,715
Other intangible assets	57		5
Assets	143,370		115,423
Noninterest-bearing deposits	57,451		61,991
Interest-bearing deposits	97,169		71,711
Total deposits	154,620		133,702
Total U.S. Bancorp shareholders' equity	14,403		13,906
Consumer and Business Banking [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	6,904		6,085
Noninterest income	1,556		2,496
Total income	8,460		8,581
Noninterest expense	5,824		5,575
Income (loss) before provision and income taxes	2,636		3,006
Provision for credit losses	228		(136)
Income (loss) before income taxes	2,408		3,142
Income taxes and taxable-equivalent adjustment	602		785
Net income (loss)	1,806		2,357
Net (income) loss attributable to noncontrolling interests	0		0
Net income (loss) attributable to U.S. Bancorp	1,806		2,357
Loans	145,079		140,890
Other earning assets	3,117		8,093
Goodwill	3,249		3,429
Other intangible assets	3,785		2,761
Assets	160,713		161,385
Noninterest-bearing deposits	32,256		33,063
Interest-bearing deposits	167,938		157,592
Total deposits	200,194		190,655
Total U.S. Bancorp shareholders' equity	12,550		12,319
Wealth Management and Investment Services [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	1,624		1,002
Noninterest income	2,553		2,222
Total income	4,177		3,224
Noninterest expense	2,417		2,094
Income (loss) before provision and income taxes	1,760		1,130
Provision for credit losses	9		7
Income (loss) before income taxes	1,751		1,123
Income taxes and taxable-equivalent adjustment	438		281
Net income (loss)	1,313		842
Net (income) loss attributable to noncontrolling interests	0		0
Net income (loss) attributable to U.S. Bancorp	1,313		842
Loans	22,410		18,095
Other earning assets	273		242
Goodwill	1,720		1,628
Other intangible assets	308		84
Assets	26,036		21,303
Noninterest-bearing deposits	24,721		24,663
Interest-bearing deposits	73,461		76,000
Total deposits	98,182		100,663
Total U.S. Bancorp shareholders' equity	3,675		3,154
Payments Services [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	2,498		2,457
Noninterest income	3,799		3,550
Total income	6,297		6,007
Noninterest expense	3,551		3,386
Income (loss) before provision and income taxes	2,746		2,621
Provision for credit losses	980		349
Income (loss) before income taxes	1,766		2,272
Income taxes and taxable-equivalent adjustment	442		568
Net income (loss)	1,324		1,704
Net (income) loss attributable to noncontrolling interests	0		0
Net income (loss) attributable to U.S. Bancorp	1,324		1,704
Loans	34,627		30,856
Other earning assets	634		93
Goodwill	3,305		3,184
Other intangible assets	423		507
Assets	41,109		36,549
Noninterest-bearing deposits	3,410		4,861
Interest-bearing deposits	162		145
Total deposits	3,572		5,006
Total U.S. Bancorp shareholders' equity	8,235		7,642
Treasury and Corporate Support [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	352		203
Noninterest income	540		920
Total income	892		1,123
Noninterest expense	1,242		932
Income (loss) before provision and income taxes	(350)		191
Provision for credit losses	611		(1,458)
Income (loss) before income taxes	(961)		1,649
Income taxes and taxable-equivalent adjustment	(515)		131
Net income (loss)	(446)		1,518
Net (income) loss attributable to noncontrolling interests	(13)		(22)
Net income (loss) attributable to U.S. Bancorp	(459)		1,496
Loans	3,541		3,720
Other earning assets	203,214		196,211
Goodwill	0		0
Other intangible assets	4		0
Assets	220,921		221,872
Noninterest-bearing deposits	2,556		2,626
Interest-bearing deposits	3,260		1,629
Total deposits	5,816		4,255
Total U.S. Bancorp shareholders' equity	11,553		16,789
Consolidated Company [Member]
Segment Reporting Information [Line Items]
Net interest income (taxable-equivalent basis)	14,846		12,600
Noninterest income	9,456		10,227
Total income	24,302		22,827
Noninterest expense	14,906		13,728
Income (loss) before provision and income taxes	9,396		9,099
Provision for credit losses	1,977		(1,173)
Income (loss) before income taxes	7,419		10,272
Income taxes and taxable-equivalent adjustment	1,581		2,287
Net income (loss)	5,838		7,985
Net (income) loss attributable to noncontrolling interests	(13)		(22)
Net income (loss) attributable to U.S. Bancorp	5,825		7,963
Loans	333,573		296,965
Other earning assets	211,770		209,176
Goodwill	10,189		9,956
Other intangible assets	4,577		3,357
Assets	592,149		556,532
Noninterest-bearing deposits	120,394		127,204
Interest-bearing deposits	341,990		307,077
Total deposits	462,384		434,281
Total U.S. Bancorp shareholders' equity	$ 50,416		$ 53,810

[1]Includes $662 million of provision for credit losses related to the acquisition of MUB.

U.S. Bancorp (Parent Company) -

U.S. Bancorp (Parent Company) - Additional Information (Detail)	Dec. 31, 2022
Receivables
Loan Limits to the company or individual affiliate	10%
Maximum limit of loans to the Company and all affiliates	20%

U.S. Bancorp (Parent Company)_2

U.S. Bancorp (Parent Company) - Condensed Statement of Financial Position of Parent Company Only (Detail) - USD ($) $ in Millions		Dec. 31, 2022		Dec. 31, 2021
Assets
Available-for-sale investment securities	[1]	$ 72,910	[2]	$ 132,963
Other assets	[1]	52,750		38,174
Total assets		674,805		573,284
Liabilities and Shareholders' Equity
Long-term debt		39,829		32,125
Other liabilities		27,552		17,893
Shareholders' equity		50,766		54,918
Total liabilities and equity		674,805		573,284
Parent Company [Member]
Assets
Due from banks, principally interest-bearing		5,288		8,369
Available-for-sale investment securities		672		1,209
Other assets		1,101		898
Total assets		79,088		75,847
Liabilities and Shareholders' Equity
Long-term debt		26,983		18,902
Other liabilities		1,339		2,027
Shareholders' equity		50,766		54,918
Total liabilities and equity		79,088		75,847
Bank Subsidiaries [Member] \| Parent Company [Member]
Assets
Investments in subsidiaries		59,202		51,432
Advances to subsidiaries		9,100		9,600
Nonbank Subsidiaries [Member] \| Parent Company [Member]
Assets
Investments in subsidiaries		3,575		3,632
Advances to subsidiaries		$ 150		$ 707

[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[2]The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.

U.S. Bancorp (Parent Company)_3

U.S. Bancorp (Parent Company) - Condensed Income Statement of Parent Company Only (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income
Other income	$ 273	$ 721	$ 748
Expense
Interest expense	3,217	993	2,015
Other expense	1,398	1,207	1,833
Income before income taxes and equity in undistributed income of subsidiaries	7,301	10,166	6,051
Applicable income taxes	1,463	2,181	1,066
Net income (loss) attributable to U.S. Bancorp	5,825	7,963	4,959
Parent Company [Member]
Income
Interest from subsidiaries	119	112	172
Other income	31	46	85
Total income	5,005	7,160	1,781
Expense
Interest expense	505	348	433
Other expense	162	154	140
Total expense	667	502	573
Income before income taxes and equity in undistributed income of subsidiaries	4,338	6,658	1,208
Applicable income taxes	(138)	(53)	(78)
Income of parent company	4,476	6,711	1,286
Equity in undistributed income of subsidiaries	1,349	1,252	3,673
Net income (loss) attributable to U.S. Bancorp	5,825	7,963	4,959
Bank Subsidiaries [Member] \| Parent Company [Member]
Income
Dividends from subsidiaries	4,750	7,000	1,500
Nonbank Subsidiaries [Member] \| Parent Company [Member]
Income
Dividends from subsidiaries	$ 105	$ 2	$ 24

U.S. Bancorp (Parent Company)_4

U.S. Bancorp (Parent Company) - Condensed Statement of Cash Flows of Parent Company Only (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Activities
Net income attributable to U.S. Bancorp	$ 5,825	$ 7,963	$ 4,959
Adjustments to reconcile net income to net cash provided by operating activities
Other, net	6,790	2,428	(1,058)
Net cash provided by operating activities	21,119	9,870	3,716
Investing Activities
Other, net	(5,392)	664	(80)
Net cash provided by (used in) investing activities	7,500	(57,487)	(15,440)
Financing Activities
Net decrease in short-term borrowings	15,213	30	(11,957)
Proceeds from issuance of long-term debt	8,732	2,626	14,501
Principal payments or redemption of long-term debt	(6,926)	(11,432)	(14,476)
Proceeds from issuance of preferred stock	437	2,221	486
Proceeds from issuance of common stock	21	43	15
Repurchase of preferred stock	(1,100)	(1,250)
Repurchase of common stock	(69)	(1,555)	(1,672)
Cash dividends paid on preferred stock	(299)	(308)	(300)
Cash dividends paid on common stock	(2,776)	(2,579)	(2,552)
Net cash (used in) provided by financing activities	(3,982)	13,942	51,899
Change in cash and due from banks	24,637	(33,675)	40,175
Cash and due from banks at beginning of period	28,905
Cash and due from banks at end of period	53,542	28,905
Parent Company [Member]
Operating Activities
Net income attributable to U.S. Bancorp	5,825	7,963	4,959
Adjustments to reconcile net income to net cash provided by operating activities
Equity in undistributed income of subsidiaries	(1,349)	(1,252)	(3,673)
Other, net	(398)	(85)	907
Net cash provided by operating activities	4,078	6,626	2,193
Investing Activities
Proceeds from sales and maturities of investment securities	423	200	258
Investments in subsidiaries	(5,030)
Net decrease in short-term advances to subsidiaries	557	411	347
Long-term advances to subsidiaries	(2,000)	(7,000)
Principal collected on long-term advances to subsidiaries	2,500	1,250
Cash paid for acquisition	(5,500)
Other, net	(173)	(269)	379
Net cash provided by (used in) investing activities	(9,223)	(5,408)	984
Financing Activities
Net decrease in short-term borrowings			(8)
Proceeds from issuance of long-term debt	8,150	1,300	2,750
Principal payments or redemption of long-term debt	(2,300)	(3,000)	(1,200)
Proceeds from issuance of preferred stock	437	2,221	486
Proceeds from issuance of common stock	21	43	15
Repurchase of preferred stock	(1,100)	(1,250)
Repurchase of common stock	(69)	(1,555)	(1,672)
Cash dividends paid on preferred stock	(299)	(308)	(300)
Cash dividends paid on common stock	(2,776)	(2,579)	(2,552)
Net cash (used in) provided by financing activities	2,064	(5,128)	(2,481)
Change in cash and due from banks	(3,081)	(3,910)	696
Cash and due from banks at beginning of period	8,369	12,279	11,583
Cash and due from banks at end of period	$ 5,288	$ 8,369	$ 12,279