Quarterly report [Sections 13 or 15(d)]

FAIR VALUES OF ASSETS AND LIABILITIES - Balance Sheet Location (Details)

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FAIR VALUES OF ASSETS AND LIABILITIES - Balance Sheet Location (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Reported Value Measurement    
Financial Assets    
Cash and short-term assets $ 10,947 $ 13,332
Trading account securities 481 53
Available-for-sale securities 28,330 27,273
Held-to-maturity securities 15,965 16,368
Other securities 878 823
Loans held for sale 876 654
Net loans and leases 132,629 127,798
Derivative assets, net 214 266
Assets held in trust for deferred compensation plans 200 191
Financial Liabilities    
Total deposits 163,380 162,448
Short-term borrowings 576 199
Long-term borrowings 17,467 16,374
Derivative liabilities, net 386 578
Estimate of Fair Value Measurement    
Financial Assets    
Cash and short-term assets 10,947 13,332
Trading account securities 481 53
Available-for-sale securities 28,330 27,273
Held-to-maturity securities 14,089 14,086
Other securities 878 823
Loans held for sale 876 654
Net loans and leases 131,653 125,557
Derivative assets, net 214 266
Assets held in trust for deferred compensation plans 200 191
Other securities 31 31
Financial Liabilities    
Total deposits 163,389 162,455
Short-term borrowings 576 199
Long-term borrowings 17,560 16,573
Derivative liabilities, net 386 578
Estimate of Fair Value Measurement | Level 1    
Financial Assets    
Trading account securities 368 1
Available-for-sale securities 7,384 6,556
Held-to-maturity securities 2,340 2,023
Loans held for sale 0 0
Net loans and leases 0 0
Other securities 29 29
Financial Liabilities    
Total deposits 0 0
Short-term borrowings 416 0
Long-term borrowings 0 0
Estimate of Fair Value Measurement | Level 2    
Financial Assets    
Trading account securities 113 52
Available-for-sale securities 16,820 16,693
Held-to-maturity securities 11,749 12,063
Loans held for sale 867 652
Net loans and leases 110 113
Other securities 2 2
Financial Liabilities    
Total deposits 149,232 147,045
Short-term borrowings 160 199
Long-term borrowings 12,209 11,242
Estimate of Fair Value Measurement | Level 3    
Financial Assets    
Trading account securities 0 0
Available-for-sale securities 4,126 4,024
Held-to-maturity securities 0 0
Loans held for sale 9 2
Net loans and leases 131,543 125,444
Other securities 0 0
Financial Liabilities    
Total deposits 14,157 15,410
Short-term borrowings 0 0
Long-term borrowings 5,351 5,331
Available-for-sale securities 28,330 27,273
Held-to-maturity securities 15,965 16,368
Loans held for sale 876 654
Net loans and leases [1] 132,629 127,798
Derivative assets, gross 568 610
Derivative assets, netting adjustments (354) (344)
Derivative assets, net 214 266
Total deposits 163,380 162,448
Short-term borrowings 576 199
Long-term borrowings [1] 17,467 16,374
Derivative liabilities, gross 609 668
Derivative liabilities, netting adjustments (223) (90)
Derivative liabilities, net 386 578
Time deposits in excess of the FDIC insurance coverage limit 1,300 1,500
Fair Value, Recurring | Estimate of Fair Value Measurement    
Financial Assets    
Derivative assets, netting adjustments (354) (344)
Derivative assets, net 214 266
Financial Liabilities    
Derivative liabilities, netting adjustments (223) (90)
Derivative liabilities, net 386 578
Fair Value, Recurring | Estimate of Fair Value Measurement | Level 2    
Financial Assets    
Derivative assets, gross 558 606
Financial Liabilities    
Derivative liabilities, gross 606 666
Fair Value, Recurring | Estimate of Fair Value Measurement | Level 3    
Financial Assets    
Derivative assets, gross 10 4
Financial Liabilities    
Derivative liabilities, gross 3 2
Fair Value, Recurring    
Financial Assets    
Available-for-sale securities 28,330 27,273
Derivative assets, gross   266
Derivative assets, netting adjustments (354) (344)
Derivative assets, net 214  
Financial Liabilities    
Short-term borrowings 425  
Long-term borrowings 1,014 821
Derivative liabilities, gross   578
Derivative liabilities, netting adjustments (223) (90)
Derivative liabilities, net 386  
Fair Value, Recurring | Level 1    
Financial Assets    
Available-for-sale securities 7,384 6,556
Derivative assets, gross 0 0
Financial Liabilities    
Short-term borrowings 416  
Long-term borrowings 0 0
Derivative liabilities, gross 0 0
Fair Value, Recurring | Level 2    
Financial Assets    
Available-for-sale securities 16,820 16,693
Derivative assets, gross 558 606
Financial Liabilities    
Short-term borrowings 9  
Long-term borrowings 1,014 821
Derivative liabilities, gross 606 666
Fair Value, Recurring | Level 3    
Financial Assets    
Available-for-sale securities 4,126 4,024
Derivative assets, gross 10 4
Financial Liabilities    
Short-term borrowings 0  
Long-term borrowings 0 0
Derivative liabilities, gross 3 2
Amortized Cost | Reported Value Measurement    
Financial Assets    
Cash and short-term assets 10,947 13,332
Held-to-maturity securities 15,965 16,368
Other securities 847 792
Net loans and leases 132,457 127,625
Financial Liabilities    
Total deposits 163,380 162,448
Short-term borrowings 151 199
Long-term borrowings 16,453 15,553
Lower of Cost or Market | Reported Value Measurement    
Financial Assets    
Loans held for sale 9 2
Fair Value or Fair Value Option | Reported Value Measurement    
Financial Assets    
Trading account securities 481 53
Available-for-sale securities 28,330 27,273
Other securities 31 31
Loans held for sale 867 652
Net loans and leases 172 173
Derivative assets, net 214 266
Assets held in trust for deferred compensation plans 200 191
Financial Liabilities    
Short-term borrowings 425  
Long-term borrowings 1,014 821
Derivative liabilities, net $ 386 $ 578
[1] Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $880 million, $246 million, $796 million, and $89 million, respectively, at June 30, 2025, and $1.1 billion, $264 million, $1.0 billion, $109 million, respectively, at December 31, 2024. See Note 15 - “Variable Interest Entities” for additional information.