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Income Taxes - Deferred Income Taxes Included in Other Assets in the Consolidated Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Allowance for loan and lease losses $ 515 $ 252
Deferred compensation 107 103
Reserves 40 32
Reserve for unfunded commitments 36 30
State net operating loss carryforwards 3 9
State deferred taxes 1 0
Other 160 154
Total deferred tax assets 862 580
Deferred tax liabilities:    
Other comprehensive income 779 352
Lease financing 638 650
MSRs and related economic hedges 120 144
Bank premises and equipment 91 73
Investments in joint ventures and partnership interests 58 25
State deferred taxes 0 47
Other 128 127
Total deferred tax liabilities 1,814 1,418
Total net deferred tax liability $ (952) $ (838)