Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2016

Bank Premises and Equipment

Bank Premises and Equipment

The following table provides a summary of bank premises and equipment as of December 31:
($ in millions)	Estimated Useful Life		2016	2015
Land and improvements(a)		$	663	685
Buildings(a)	2 - 30 yrs.		1,672	1,755
Equipment	2 - 30 yrs.		1,761	1,696
Leasehold improvements	1 - 30 yrs.		398	403
Construction in progress(a)			99	85
Bank premises and equipment held for sale:
Land and improvements			29	55
Buildings			9	20
Equipment			1	3
Leasehold improvements			-	3
Accumulated depreciation and amortization			(2,567)	(2,466)
Total bank premises and equipment		$	2,065	2,239

(a) At December 31, 2016 and 2015, land and improvements, buildings and construction in progressincluded $92and $102, respectively, associated with parcels of undeveloped land intended for future branch expansion.

Annual Future Minimum Payments under Capital Leases and Noncancelable Operating Leases

The following table provides the annual future minimum payments under noncancelable operating leases and capital leases for the years ending December 31:
($ in millions)		Noncancelable Operating Leases	Capital Leases
2017	$	88	6
2018		84	6
2019		77	5
2020		65	1
2021		52	-
Thereafter		210	1
Total minimum lease payments	$	576	19
Less: Amounts representing interest		-	2
Present value of net minimum lease payments		-	17