Quarterly report pursuant to Section 13 or 15(d)

ALLOWANCE FOR CREDIT LOSSES - Allowance Roll-forward (Details)

v3.24.2
ALLOWANCE FOR CREDIT LOSSES - Allowance Roll-forward (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
ALLL balance, beginning of period $ 2,280 $ 2,142 $ 2,255 $ 2,121  
Loan and lease charge-offs (145) (92) (273) (191)  
Recoveries of loans and leases previously charged-off 55 43 91 85  
Provision for loan and lease losses 114 84 231 162  
ALLL balance, end of period 2,304 2,177 2,304 2,177  
AULC balance, beginning of period 135 157 145 150  
Provision for unfunded lending commitments (16) 8 (26) 15  
AULC balance, end of period 119 165 119 165  
ACL balance, end of period 2,423 2,342 2,423 2,342  
Commercial          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
ALLL balance, beginning of period 1,589 1,457 1,563 1,424  
Loan and lease charge-offs (95) (53) (169) (105)  
Recoveries of loans and leases previously charged-off 38 26 57 49  
Provision for loan and lease losses 55 53 136 115  
ALLL balance, end of period 1,587 1,483 1,587 1,483  
AULC balance, beginning of period 69 75 66 71  
Provision for unfunded lending commitments (5) 3 (2) 7  
AULC balance, end of period 64 78 64 78  
ACL balance, end of period 1,651 1,561 1,651 1,561 $ 1,600
Consumer          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
ALLL balance, beginning of period 691 685 692 697  
Loan and lease charge-offs (50) (39) (104) (86)  
Recoveries of loans and leases previously charged-off 17 17 34 36  
Provision for loan and lease losses 59 31 95 47  
ALLL balance, end of period 717 694 717 694  
AULC balance, beginning of period 66 82 79 79  
Provision for unfunded lending commitments (11) 5 (24) 8  
AULC balance, end of period 55 87 55 87  
ACL balance, end of period $ 772 $ 781 $ 772 $ 781 $ 771