Annual report pursuant to Section 13 and 15(d)

ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Losses (Details)

v3.22.4
ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Losses (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period $ 2,030 $ 1,814 $ 783
Loan and lease charge-offs (313) (382) (540)
Recoveries of loans and leases previously charged-off 192 167 91
Provision (benefit) for loan and lease losses 212 (1) 1,089
Allowance on PCD loans and leases at acquisition   432  
ALLL balance, end of period 2,121 2,030 1,814
AULC balance, beginning of period 77 52 104
Provision for unfunded lending commitments 73 26 (41)
Unfunded lending commitment losses   (1) (13)
AULC balance, end of period 150 77 52
ACL balance, end of period 2,271 2,107 1,866
Increase in allowance for credit loss 164    
Consumer loan growth 8,300    
ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period   391  
ALLL balance, end of period     391
Commercial      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period 1,462 1,236 552
Loan and lease charge-offs (129) (243) (374)
Recoveries of loans and leases previously charged-off 114 83 32
Provision (benefit) for loan and lease losses (23) 12 846
Allowance on PCD loans and leases at acquisition   374  
ALLL balance, end of period 1,424 1,462 1,236
AULC balance, beginning of period 41 34 102
Provision for unfunded lending commitments 30 8 (17)
Unfunded lending commitment losses   (1) (13)
AULC balance, end of period 71 41 34
ACL balance, end of period 1,495 1,503 1,270
Consumer loan growth 5,400    
Commercial | ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period   180  
ALLL balance, end of period     180
Consumer      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period 568 578 231
Loan and lease charge-offs (184) (139) (166)
Recoveries of loans and leases previously charged-off 78 84 59
Provision (benefit) for loan and lease losses 235 (13) 243
Allowance on PCD loans and leases at acquisition   58  
ALLL balance, end of period 697 568 578
AULC balance, beginning of period 36 18 2
Provision for unfunded lending commitments 43 18 (24)
Unfunded lending commitment losses   0 0
AULC balance, end of period 79 36 18
ACL balance, end of period 776 604 596
Increase in allowance for credit loss 172    
Consumer loan growth $ 2,900    
Consumer | ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
ALLL balance, beginning of period   211  
ALLL balance, end of period     211
Cumulative Effect, Period of Adoption, Adjustment | ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
AULC balance, beginning of period   2  
AULC balance, end of period     2
Cumulative Effect, Period of Adoption, Adjustment | Commercial | ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
AULC balance, beginning of period   (38)  
AULC balance, end of period     (38)
Cumulative Effect, Period of Adoption, Adjustment | Consumer | ASU 2016-13      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
AULC balance, beginning of period   $ 40  
AULC balance, end of period     $ 40