Quarterly report pursuant to Section 13 or 15(d)

BORROWINGS - Schedule of Long-Term Debt and Debt Issuances (Details)

v3.24.2
BORROWINGS - Schedule of Long-Term Debt and Debt Issuances (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Long-term debt [1] $ 16,461 $ 12,394
Federal Home Loan Bank advances    
Debt Instrument [Line Items]    
Long-term debt 4,686 2,731
Auto Loan Securitization Trust    
Debt Instrument [Line Items]    
Long-term debt $ 1,265 0
Weighted average rate 5.38%  
Credit Linked Notes    
Debt Instrument [Line Items]    
Long-term debt $ 480 0
Other borrowings    
Debt Instrument [Line Items]    
Long-term debt 512 528
Parent    
Debt Instrument [Line Items]    
Long-term debt 6,154 4,993
Parent | Senior Notes    
Debt Instrument [Line Items]    
Long-term debt 5,409 4,233
Parent | Subordinated Notes    
Debt Instrument [Line Items]    
Long-term debt 745 760
Bank    
Debt Instrument [Line Items]    
Long-term debt 3,364 4,142
Bank | Senior Notes    
Debt Instrument [Line Items]    
Long-term debt 2,700 3,480
Bank | Subordinated Notes    
Debt Instrument [Line Items]    
Long-term debt $ 664 $ 662
[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.