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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Common stock - cash dividends declared per share (in dollars per share) $ 0.15 $ 0.15 $ 0.15 $ 0.15
Common stock repurchased under share repurchase program $ 8 $ 2 $ 64 [1] $ 62 [1]
Preferred Stock        
Number of shares issued in transaction (in shares)   4,936 1,500  
Preferred stock issuance, net of offering cost (in dollars per share)   $ 100,000 $ 100,000  
First Horizon Share Repurchase Program        
Common stock repurchased under share repurchase program     $ 57 $ 59
[1] Includes $59 million and $57 million repurchased under share repurchase programs for the three months ended March 31, 2021 and June 30, 2021, respectively.