XML 68 R55.htm IDEA: XBRL DOCUMENT v3.23.2
Loans and Allowance for Credit Losses - Activity in Allowance for Credit Losses by Portfolio Class (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period $ 7,523 $ 6,105 $ 7,404 $ 6,155
Allowance for acquired credit losses [1]     127  
Change in accounting principle [2]     (62)  
Provision for credit losses 821 311 1,248 423
Loans charged-off 755 276 1,224 556
Less recoveries of loans charged-off (106) (115) (202) (233)
Net loan charge-offs (recoveries) 649 161 1,022 323
Balance at end of period 7,695 6,255 7,695 6,255
Commercial [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period 2,180 1,836 2,163 1,849
Allowance for acquired credit losses [1]     0  
Change in accounting principle [2]     0  
Provision for credit losses 119 90 183 109
Loans charged-off 110 53 173 108
Less recoveries of loans charged-off (20) (23) (36) (46)
Net loan charge-offs (recoveries) 90 30 137 62
Balance at end of period 2,209 1,896 2,209 1,896
Commercial Real Estate [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period 1,359 1,074 1,325 1,123
Allowance for acquired credit losses [1]     127  
Change in accounting principle [2]     0  
Provision for credit losses 140 (95) 164 (149)
Loans charged-off 31 9 154 10
Less recoveries of loans charged-off (5) (3) (11) (9)
Net loan charge-offs (recoveries) 26 6 143 1
Balance at end of period 1,473 973 1,473 973
Residential Mortgages [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period 947 600 926 565
Allowance for acquired credit losses [1]     0  
Change in accounting principle [2]     (31)  
Provision for credit losses 66 49 117 78
Loans charged-off 121 2 125 7
Less recoveries of loans charged-off (7) (11) (12) (22)
Net loan charge-offs (recoveries) 114 (9) 113 (15)
Balance at end of period 899 658 899 658
Other Retail [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period 925 956 970 945
Allowance for acquired credit losses [1]     0  
Change in accounting principle [2]     (4)  
Provision for credit losses 224 42 218 82
Loans charged-off 251 50 315 111
Less recoveries of loans charged-off (31) (34) (60) (66)
Net loan charge-offs (recoveries) 220 16 255 45
Balance at end of period 929 982 929 982
Credit Card [Member]        
Financing Receivable, Allowance for Credit Losses [Line Items]        
Balance at beginning of period 2,112 1,639 2,020 1,673
Allowance for acquired credit losses [1]     0  
Change in accounting principle [2]     (27)  
Provision for credit losses 272 225 566 303
Loans charged-off 242 162 457 320
Less recoveries of loans charged-off (43) (44) (83) (90)
Net loan charge-offs (recoveries) 199 118 374 230
Balance at end of period $ 2,185 $ 1,746 $ 2,185 $ 1,746
[1] Represents allowance for credit deteriorated and charged-off loans acquired from MUB.
[2] Effective January 1, 2023, the Company adopted accounting guidance which removed the separate recognition and measurement of troubled debt restructurings.