Quarterly report pursuant to Section 13 or 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
Sep. 30, 2024
Dec. 31, 2023
Assets measured at fair value on a recurring basis    
Trading account securities $ 472 $ 125
Available-for-sale securities, Fair Value 28,492 25,305
Loans held for sale 649 506
Loans Accounted for Under FVO 175 174
Gross amounts of recognized assets 1,363 1,723
Derivative assets netting (888) (1,330)
Net amounts of assets presented in the condensed consolidated balance sheets 475 393
Liabilities measured at fair value on a recurring basis    
Long-term debt [1] 15,656 12,394
Gross amounts of recognized liabilities 884 1,421
Gross amounts offset in the condensed consolidated balance sheets (492) (751)
Derivative liabilities 392 670
U.S. Treasury    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 6,530 2,856
Other agencies    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 136 155
Municipal securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 3,648 3,373
Corporate debt    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 2,071 2,043
Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 10,785 11,382
Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 1,870 1,827
Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 114 119
Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 306 356
Fair Value, Measurements, Recurring    
Assets measured at fair value on a recurring basis    
Trading account securities 472 125
Available-for-sale securities, Fair Value 28,492 25,305
Other securities 32 32
Loans held for sale 649 506
MSRs 515 515
Derivative assets netting (888) (1,330)
Net amounts of assets presented in the condensed consolidated balance sheets 475 393
Assets held in trust for deferred compensation plans 191 177
Liabilities measured at fair value on a recurring basis    
Long-term debt 416  
Gross amounts offset in the condensed consolidated balance sheets (492) (751)
Derivative liabilities 392 670
Fair Value, Measurements, Recurring | U.S. Treasury    
Assets measured at fair value on a recurring basis    
Trading account securities 427 91
Available-for-sale securities, Fair Value 6,530 2,856
Fair Value, Measurements, Recurring | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 1 2
Available-for-sale securities, Fair Value 136 155
Fair Value, Measurements, Recurring | Municipal securities    
Assets measured at fair value on a recurring basis    
Trading account securities 35 32
Available-for-sale securities, Fair Value 3,648 3,373
Fair Value, Measurements, Recurring | Corporate debt    
Assets measured at fair value on a recurring basis    
Trading account securities 9  
Available-for-sale securities, Fair Value 2,071 2,043
Fair Value, Measurements, Recurring | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 3,022 3,184
Fair Value, Measurements, Recurring | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 10,785 11,382
Fair Value, Measurements, Recurring | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 1,870 1,827
Fair Value, Measurements, Recurring | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 114 119
Fair Value, Measurements, Recurring | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 306 356
Fair Value, Measurements, Recurring | Other securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 10 10
Fair Value, Measurements, Recurring | Level 1    
Assets measured at fair value on a recurring basis    
Trading account securities 427 91
Available-for-sale securities, Fair Value 6,530 2,856
Other securities 31 30
Loans held for sale 0 0
Loans Accounted for Under FVO 0 0
MSRs 0 0
Gross amounts of recognized assets 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
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury    
Assets measured at fair value on a recurring basis    
Trading account securities 427 91
Available-for-sale securities, Fair Value 6,530 2,856
Fair Value, Measurements, Recurring | Level 1 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Municipal securities    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Corporate debt    
Assets measured at fair value on a recurring basis    
Trading account securities 0  
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Other securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 2    
Assets measured at fair value on a recurring basis    
Trading account securities 45 34
Available-for-sale securities, Fair Value 18,295 19,019
Other securities 1 2
Loans held for sale 649 506
Loans Accounted for Under FVO 115 120
MSRs 0 0
Gross amounts of recognized assets 1,358 1,720
Assets held in trust for deferred compensation plans 0 0
Liabilities measured at fair value on a recurring basis    
Long-term debt 416  
Gross amounts of recognized liabilities 870 1,416
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 2 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 1 2
Available-for-sale securities, Fair Value 136 155
Fair Value, Measurements, Recurring | Level 2 | Municipal securities    
Assets measured at fair value on a recurring basis    
Trading account securities 35 32
Available-for-sale securities, Fair Value 37 38
Fair Value, Measurements, Recurring | Level 2 | Corporate debt    
Assets measured at fair value on a recurring basis    
Trading account securities 9  
Available-for-sale securities, Fair Value 2,071 2,043
Fair Value, Measurements, Recurring | Level 2 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 3,022 3,184
Fair Value, Measurements, Recurring | Level 2 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 10,785 11,382
Fair Value, Measurements, Recurring | Level 2 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 1,870 1,827
Fair Value, Measurements, Recurring | Level 2 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 92 99
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 272 281
Fair Value, Measurements, Recurring | Level 2 | Other securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 10 10
Fair Value, Measurements, Recurring | Level 3    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 3,667 3,430
Other securities 0 0
Loans held for sale 0 0
Loans Accounted for Under FVO 60 54
MSRs 515 515
Gross amounts of recognized assets 5 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 14 5
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Other agencies    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Municipal securities    
Assets measured at fair value on a recurring basis    
Trading account securities 0 0
Available-for-sale securities, Fair Value 3,611 3,335
Fair Value, Measurements, Recurring | Level 3 | Corporate debt    
Assets measured at fair value on a recurring basis    
Trading account securities 0  
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Residential CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Residential MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Commercial MBS    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Private-label CMO    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 22 20
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value 34 75
Fair Value, Measurements, Recurring | Level 3 | Other securities    
Assets measured at fair value on a recurring basis    
Available-for-sale securities, Fair Value $ 0 $ 0
[1] Includes VIE balances in net loans and leases and long-term debt of $1.3 billion and $1.1 billion, respectively, at September 30, 2024, and VIE balances in other assets of $267 million and $82 million, and other liabilities of $121 million and $57 million, at September 30, 2024 and December 31, 2023, respectively. See Note 14 - “Variable Interest Entities” for additional information.