Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2017

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		2017	2016
Land and improvements(a)		$	644	663
Buildings(a)	2 - 30 yrs.		1,679	1,672
Equipment	2 - 20 yrs.		1,876	1,761
Leasehold improvements	1 - 30 yrs.		399	398
Construction in progress(a)			93	99
Bank premises and equipment held for sale:
Land and improvements			17	29
Buildings			9	9
Equipment			1	1
Accumulated depreciation and amortization			(2,715)	(2,567)
Total bank premises and equipment		$	2,003	2,065

(a) At December 31, 2017 and 2016, land and improvements, buildings and construction in progress included $91and $92, 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
2018	$	87	6
2019		83	6
2020		71	5
2021		57	4
2022		51	4
Thereafter		219	1
Total minimum lease payments	$	568	26
Less: Amounts representing interest		-	4
Present value of net minimum lease payments		-	22