Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT

v3.20.4
PREMISES AND EQUIPMENT
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT PREMISES AND EQUIPMENT
Premises and equipment were comprised of the following at December 31, 2020 and 2019:
  At December 31,
(dollar amounts in millions) 2020 2019
Land and land improvements $ 198  $ 189 
Buildings 586  587 
Leasehold improvements 203  205 
Equipment 736  742 
Total premises and equipment 1,723  1,723 
Less accumulated depreciation and amortization (966) (960)
Net premises and equipment $ 757  $ 763 
Depreciation and amortization charged to expense and rental income credited to net occupancy expense for the three years ended December 31, 2020, 2019, and 2018 were:
(dollar amounts in millions) 2020 2019 2018
Total depreciation and amortization of premises and equipment $ 119  $ 116  $ 130 
Rental income credited to occupancy expense 10  11  13