Annual report pursuant to Section 13 and 15(d)

FAIR VALUES OF ASSETS AND LIABILITIES - Recurring basis (Details)

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FAIR VALUES OF ASSETS AND LIABILITIES - Recurring basis (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets measured at fair value on a recurring basis    
Trading account securities $ 53 $ 125
Loans held for sale 652 506
Loans held for investment 173 174
Derivative assets gross 610 1,723
Derivative assets, netting adjustment (344) (1,330)
Net amounts of assets presented in the condensed consolidated balance sheets 266 393
Liabilities measured at fair value on a recurring basis    
Long-term debt [1] 16,374 12,394
Gross amounts of recognized liabilities 668 1,421
Gross amounts offset in the consolidated balance sheets (90) (751)
Derivative liabilities 578 670
Recurring    
Assets measured at fair value on a recurring basis    
Trading account securities 53 125
Available-for-sale securities 27,273 25,305
Other securities 31 32
Loans held for sale 652 506
Loans held for investment 173 174
MSRs 573 515
Derivative assets, netting adjustment (344) (1,330)
Net amounts of assets presented in the condensed consolidated balance sheets 266 393
Assets held in trust for deferred compensation plans 191 177
Liabilities measured at fair value on a recurring basis    
Long-term debt 821  
Gross amounts offset in the consolidated balance sheets (90) (751)
Derivative liabilities 578 670
Recurring | U.S. Treasury securities    
Assets measured at fair value on a recurring basis    
Trading account securities 1 91
Available-for-sale securities 6,556 2,856
Recurring | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 52 34
Available-for-sale securities 130 155
Recurring | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 10,017 11,382
Recurring | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 3,345 3,184
Recurring | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 1,752 1,827
Recurring | Municipal securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 3,988 3,373
Recurring | Corporate debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 1,055 2,043
Recurring | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 311 356
Recurring | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 109 119
Recurring | Other securities/sovereign debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 10 10
Recurring | Level 1    
Assets measured at fair value on a recurring basis    
Trading account securities 1 91
Available-for-sale securities 6,556 2,856
Other securities 29 30
Loans held for sale 0 0
Loans held for investment 0 0
MSRs 0 0
Derivative assets gross 0 0
Assets held in trust for deferred compensation plans 191 177
Liabilities measured at fair value on a recurring basis    
Long-term debt 0  
Gross amounts of recognized liabilities 0 0
Recurring | Level 1 | U.S. Treasury securities    
Assets measured at fair value on a recurring basis    
Trading account securities 1 91
Available-for-sale securities 6,556 2,856
Recurring | Level 1 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities 0 0
Recurring | Level 1 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Municipal securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Corporate debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 1 | Other securities/sovereign debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 2    
Assets measured at fair value on a recurring basis    
Trading account securities 52 34
Available-for-sale securities 16,693 19,019
Other securities 2 2
Loans held for sale 652 506
Loans held for investment 112 120
MSRs 0 0
Derivative assets gross 606 1,720
Assets held in trust for deferred compensation plans 0 0
Liabilities measured at fair value on a recurring basis    
Long-term debt 821  
Gross amounts of recognized liabilities 666 1,416
Recurring | Level 2 | U.S. Treasury securities    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities 0 0
Recurring | Level 2 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 52 34
Available-for-sale securities 130 155
Recurring | Level 2 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 10,017 11,382
Recurring | Level 2 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 3,345 3,184
Recurring | Level 2 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 1,752 1,827
Recurring | Level 2 | Municipal securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 34 38
Recurring | Level 2 | Corporate debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 1,055 2,043
Recurring | Level 2 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 262 281
Recurring | Level 2 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 88 99
Recurring | Level 2 | Other securities/sovereign debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 10 10
Recurring | Level 3    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities 4,024 3,430
Other securities 0 0
Loans held for sale 0 0
Loans held for investment 61 54
MSRs 573 515
Derivative assets gross 4 3
Assets held in trust for deferred compensation plans 0 0
Liabilities measured at fair value on a recurring basis    
Long-term debt 0  
Gross amounts of recognized liabilities 2 5
Recurring | Level 3 | U.S. Treasury securities    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities 0 0
Recurring | Level 3 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities 0 0
Recurring | Level 3 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 3 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 3 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 3 | Municipal securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 3,954 3,335
Recurring | Level 3 | Corporate debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 0 0
Recurring | Level 3 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 49 75
Recurring | Level 3 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities 21 20
Recurring | Level 3 | Other securities/sovereign debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities $ 0 $ 0
[1] Includes VIE balances in net loans and leases, long-term debt, other assets, and other liabilities of $1.1 billion, $1.0 billion, $264 million, and $109 million, respectively, at December 31, 2024, and VIE balances in other assets, and other liabilities of $82 million and $57 million, at December 31, 2023, respectively. See Note 20 - “Variable Interest Entities” for additional information.