Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited) (Parenthetical)

v3.24.2
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Loans held for sale, fair value $ 659 $ 506
Loans and leases, fair value 175 174
Long-term debt, fair value $ 480 $ 0
Shareholders’ Equity    
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Net loans and leases [1] $ 122,118 $ 119,727
Long-term debt [1] 16,461 12,394
Other assets [1] 5,558 5,150
Other liabilities [1] 5,732 5,726
Consolidated VIE    
Net loans and leases 1,389 0
Long-term debt 1,265 0
Other assets 173 82
Other liabilities $ 63 $ 57
[1] Includes VIE balances in net loans and leases and long-term debt of $1.4 billion and $1.3 billion, respectively, at June 30, 2024, and VIE balances in other assets of $173 million and $82 million, and other liabilities of $63 million and $57 million, at June 30, 2024 and December 31, 2023, respectively. See Note 14 - “Variable Interest Entities” for additional information.