2022 Q1 Form 10-Q Financial Statement

#000092762822000195 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $8.173B $7.113B
YoY Change 14.9% -1.88%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $339.0M $302.0M
YoY Change 12.25% 0.0%
% of Gross Profit
Depreciation & Amortization $839.0M $855.0M
YoY Change -1.87% -4.26%
% of Gross Profit
Operating Expenses $339.0M $302.0M
YoY Change 12.25% 0.0%
Operating Profit
YoY Change
Interest Expense $387.0M $439.0M
YoY Change -11.85% -59.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.945B $4.196B
YoY Change -29.81% -320.49%
Income Tax $542.0M $869.0M
% Of Pretax Income 18.4% 20.71%
Net Earnings $2.403B $3.325B
YoY Change -27.73% -348.13%
Net Earnings / Revenue 29.4% 46.75%
Basic Earnings Per Share $5.65 $7.06
Diluted Earnings Per Share $5.62 $7.03
COMMON SHARES
Basic Shares Outstanding 410.4M shares 458.6M shares
Diluted Shares Outstanding 412.2M shares 460.1M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $27.09B $52.27B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.238B $4.277B
YoY Change -0.91% -1.36%
Goodwill $14.78B $14.65B
YoY Change 0.89% 0.06%
Intangibles $97.00M $84.00M
YoY Change 15.48% -46.15%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $434.2B $425.2B
YoY Change 2.12% 7.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $261.0M $288.0M
YoY Change -9.38% -19.78%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $4.594B $842.0M
YoY Change 445.61% -86.84%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $261.0M $288.0M
YoY Change -9.38% -19.78%
LONG-TERM LIABILITIES
Long-Term Debt $44.76B $37.61B
YoY Change 19.03% -23.69%
Other Long-Term Liabilities $18.80B $14.92B
YoY Change 26.01% 4.2%
Total Long-Term Liabilities $63.57B $52.53B
YoY Change 21.01% -17.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $261.0M $288.0M
Total Long-Term Liabilities $63.57B $52.53B
Total Liabilities $377.9B $364.0B
YoY Change 3.81% 7.04%
SHAREHOLDERS EQUITY
Retained Earnings $53.10B $43.17B
YoY Change 23.01% 18.1%
Common Stock $7.000M $7.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.35B $61.19B
YoY Change
Total Liabilities & Shareholders Equity $434.2B $425.2B
YoY Change 2.12% 7.13%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $2.403B $3.325B
YoY Change -27.73% -348.13%
Depreciation, Depletion And Amortization $839.0M $855.0M
YoY Change -1.87% -4.26%
Cash From Operating Activities -$79.00M $1.636B
YoY Change -104.83% -69.75%
INVESTING ACTIVITIES
Capital Expenditures $230.0M $178.0M
YoY Change 29.21% 15.58%
Acquisitions $0.00
YoY Change
Other Investing Activities $195.0M -$52.00M
YoY Change -475.0% -126.53%
Cash From Investing Activities $1.773B $7.272B
YoY Change -75.62% 598.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.416B $515.0M
YoY Change 369.13% 59.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $3.337B $2.595B
YoY Change 28.59% -49.13%
NET CHANGE
Cash From Operating Activities -$79.00M $1.636B
Cash From Investing Activities $1.773B $7.272B
Cash From Financing Activities $3.337B $2.595B
Net Change In Cash $5.031B $11.50B
YoY Change -56.26% -0.42%
FREE CASH FLOW
Cash From Operating Activities -$79.00M $1.636B
Capital Expenditures $230.0M $178.0M
Free Cash Flow -$309.0M $1.458B
YoY Change -121.19% -72.25%

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CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022Q1 cof Treasury Stock Par Or Stated Value Per Share
TreasuryStockParOrStatedValuePerShare
0.01
CY2021Q4 cof Treasury Stock Par Or Stated Value Per Share
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CY2022Q1 us-gaap Treasury Stock Common Shares
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CY2021Q4 us-gaap Treasury Stock Common Shares
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CY2022Q1 us-gaap Treasury Stock Common Value
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26954000000 USD
CY2021Q4 us-gaap Treasury Stock Common Value
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24470000000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
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CY2021Q4 us-gaap Liabilities And Stockholders Equity
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CY2021Q4 us-gaap Stockholders Equity
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CY2022Q1 us-gaap Dividends Common Stock
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251000000 USD
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CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
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2484000000 USD
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StockIssuedDuringPeriodValueNewIssuesandRestrictedStockNetofForfeitures
68000000 USD
CY2022Q1 cof Stock Issued During Period Value Stock Options And Warrants Exercised And Restricted Stock Vesting
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1000000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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103000000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
56345000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax
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184000000 USD
CY2021Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
61000000 USD
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
575000000 USD
CY2021Q1 cof Stock Issued During Period Value New Issuesand Restricted Stock Netof Forfeitures
StockIssuedDuringPeriodValueNewIssuesandRestrictedStockNetofForfeitures
60000000 USD
CY2021Q1 cof Stock Issued During Period Value Stock Options And Warrants Exercised And Restricted Stock Vesting
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercisedAndRestrictedStockVesting
19000000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
111000000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2403000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
3327000000 USD
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
2403000000 USD
CY2021Q1 us-gaap Net Income Loss
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3325000000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
677000000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
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CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
855000000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
187000000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
345000000 USD
CY2022Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1000000 USD
CY2021Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
4000000 USD
CY2022Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
186000000 USD
CY2021Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
5000000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
107000000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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OtherNoncashIncomeExpense
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CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2022Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1923000000 USD
CY2021Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1914000000 USD
CY2022Q1 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
2036000000 USD
CY2021Q1 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
1651000000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
19000000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
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IncreaseDecreaseInOtherOperatingAssets
4716000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1570000000 USD
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-20000000 USD
CY2021Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
521000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
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CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1636000000 USD
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4898000000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7015000000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
470000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
595000000 USD
CY2022Q1 cof Payments For Proceeds From Sale Of Financing Receivable Held For Investment
PaymentsForProceedsFromSaleOfFinancingReceivableHeldForInvestment
-104000000 USD
CY2021Q1 cof Payments For Proceeds From Sale Of Financing Receivable Held For Investment
PaymentsForProceedsFromSaleOfFinancingReceivableHeldForInvestment
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CY2022Q1 us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
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CY2021Q1 us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
614000000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
230000000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
178000000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
195000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1773000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7272000000 USD
CY2022Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
2561000000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
4938000000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2244000000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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CY2022Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2021Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
271000000 USD
CY2022Q1 cof Proceedsfrom Issuanceof Unsecured Debtand Long Term Fhlb Advances Netof Issuance Cost
ProceedsfromIssuanceofUnsecuredDebtandLongTermFHLBAdvancesNetofIssuanceCost
3041000000 USD
CY2021Q1 cof Proceedsfrom Issuanceof Unsecured Debtand Long Term Fhlb Advances Netof Issuance Cost
ProceedsfromIssuanceofUnsecuredDebtandLongTermFHLBAdvancesNetofIssuanceCost
0 USD
CY2022Q1 cof Repaymentsof Unsecured Debtand Long Term Fhlb Advances
RepaymentsofUnsecuredDebtandLongTermFHLBAdvances
2357000000 USD
CY2021Q1 cof Repaymentsof Unsecured Debtand Long Term Fhlb Advances
RepaymentsofUnsecuredDebtandLongTermFHLBAdvances
1500000000 USD
CY2022Q1 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
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CY2021Q1 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
169000000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
68000000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
60000000 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
251000000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
184000000 USD
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
57000000 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2484000000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
575000000 USD
CY2022Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
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CY2021Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
19000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3337000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2595000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5031000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11503000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22054000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40771000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27085000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52274000000 USD
CY2022Q1 cof Transfer Of To Portfolio Financing Receivables To From Held For Sale
TransferOfToPortfolioFinancingReceivablesToFromHeldForSale
146000000 USD
CY2021Q1 cof Transfer Of To Portfolio Financing Receivables To From Held For Sale
TransferOfToPortfolioFinancingReceivablesToFromHeldForSale
160000000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
637000000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
80000000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
111000000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and in the related disclosures. These estimates are based on information available as of the date of the consolidated financial statements. While management makes its best judgments, actual amounts or results could differ from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information.
CY2022Q1 us-gaap Debt Securities Available For Sale Change In Present Value Interest Income
DebtSecuritiesAvailableForSaleChangeInPresentValueInterestIncome
219000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Change In Present Value Interest Income
DebtSecuritiesAvailableForSaleChangeInPresentValueInterestIncome
207000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
92973000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
1000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
449000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4345000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
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DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
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CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
1000000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1387000000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
996000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
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CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
51382000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2508000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
18531000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1836000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
69913000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
4344000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
41701000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
670000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
9410000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
326000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
51111000000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
996000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1790 security
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
740 security
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
6135000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
8595000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
5233000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
69113000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
89076000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
6130000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
8694000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
5401000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis
72748000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
92973000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Maturity Rolling Within One Year Weighted Average Yield
DebtSecuritiesAvailableForSaleMaturityRollingWithinOneYearWeightedAverageYield
0.0039
CY2022Q1 us-gaap Debt Securities Available For Sale Maturity Rolling After One Through Five Years Weighted Average Yield
DebtSecuritiesAvailableForSaleMaturityRollingAfterOneThroughFiveYearsWeightedAverageYield
0.0089
CY2022Q1 us-gaap Debt Securities Available For Sale Maturity Rolling After Five Through Ten Years Weighted Average Yield
DebtSecuritiesAvailableForSaleMaturityRollingAfterFiveThroughTenYearsWeightedAverageYield
0.0191
CY2022Q1 us-gaap Debt Securities Available For Sale Maturity Rolling After10 Years Weighted Average Yield
DebtSecuritiesAvailableForSaleMaturityRollingAfter10YearsWeightedAverageYield
0.0196
CY2022Q1 us-gaap Debt Securities Available For Sale Weighted Average Yield
DebtSecuritiesAvailableForSaleWeightedAverageYield
0.0175
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
470000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
595000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
1000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
4000000 USD
CY2022Q1 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
20300000000 USD
CY2021Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
20800000000 USD
CY2022Q1 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
15000000 USD
CY2021Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
1000000 USD
CY2022Q1 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
1300000000 USD
CY2021Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
1200000000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Current
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossCurrent
274269000000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
280466000000 USD
CY2022Q1 cof Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Current Percent Total
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossCurrentPercentTotal
0.9779
CY2022Q1 cof Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Percent Total
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossPercentTotal
1.0000
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Current
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossCurrent
270655000000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
277340000000 USD
CY2021Q4 cof Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Current Percent Total
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossCurrentPercentTotal
0.9759
CY2021Q4 cof Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Percent Total
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossPercentTotal
1.0000
CY2022Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
1400000000 USD
CY2021Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
1400000000 USD
CY2022Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
2403000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
3325000000 USD
CY2022Q1 cof Participating Securities Distributedand Undistributed Earnings Lossexcluding Preferred Stock Dividends Basic
ParticipatingSecuritiesDistributedandUndistributedEarningsLossexcludingPreferredStockDividendsBasic
28000000 USD
CY2021Q1 cof Participating Securities Distributedand Undistributed Earnings Lossexcluding Preferred Stock Dividends Basic
ParticipatingSecuritiesDistributedandUndistributedEarningsLossexcludingPreferredStockDividendsBasic
28000000 USD
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
57000000 USD
CY2021Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
61000000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2318000000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3236000000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
410400000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
458600000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1300000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
700000 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1500000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
412200000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
460100000 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
5.65
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.06
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.65
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.06
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.62
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.03
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.62
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.03
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
761000000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
761000000 USD
CY2022Q1 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
1282000000 USD
CY2022Q1 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
1282000000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
542000000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
542000000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
544000000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
544000000 USD
CY2022Q1 cof Derivative Credit Risk Valuation Adjustment Derivative Assets Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeAssetsLiabilities
10000000 USD
CY2021Q4 cof Derivative Credit Risk Valuation Adjustment Derivative Assets Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeAssetsLiabilities
11000000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6397000000 USD
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
1776000000 USD
CY2022Q1 us-gaap Revenues
Revenues
8173000000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
677000000 USD
CY2022Q1 us-gaap Noninterest Expense
NoninterestExpense
4551000000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2945000000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
542000000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2403000000 USD
CY2022Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
280466000000 USD
CY2022Q1 us-gaap Deposits
Deposits
313429000000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5822000000 USD
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
1291000000 USD
CY2021Q1 us-gaap Revenues
Revenues
7113000000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-823000000 USD
CY2021Q1 us-gaap Noninterest Expense
NoninterestExpense
3740000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4196000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
869000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
3327000000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
243131000000 USD
CY2021Q1 us-gaap Deposits
Deposits
310328000000 USD
CY2022Q1 cof Uncollectible Portionof Billed Finance Chargesand Fees
UncollectiblePortionofBilledFinanceChargesandFees
192000000 USD
CY2021Q1 cof Uncollectible Portionof Billed Finance Chargesand Fees
UncollectiblePortionofBilledFinanceChargesandFees
180000000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1233000000 USD
CY2022Q1 cof Noninterest Income Excluding Revenue From Contract With Customer
NoninterestIncomeExcludingRevenueFromContractWithCustomer
543000000 USD
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
1776000000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1001000000 USD
CY2021Q1 cof Noninterest Income Excluding Revenue From Contract With Customer
NoninterestIncomeExcludingRevenueFromContractWithCustomer
290000000 USD
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
1291000000 USD
CY2022Q1 cof Letterof Credit Issued Contractual Amountand Unused Commitmentto Extend Credit
LetterofCreditIssuedContractualAmountandUnusedCommitmenttoExtendCredit
400516000000 USD
CY2021Q4 cof Letterof Credit Issued Contractual Amountand Unused Commitmentto Extend Credit
LetterofCreditIssuedContractualAmountandUnusedCommitmenttoExtendCredit
414499000000 USD
CY2022Q1 cof Off Balance Sheet Lending Commitment Carrying Value
OffBalanceSheetLendingCommitmentCarryingValue
185000000 USD
CY2021Q4 cof Off Balance Sheet Lending Commitment Carrying Value
OffBalanceSheetLendingCommitmentCarryingValue
149000000 USD
CY2022Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
200000000 USD

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