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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Rollforward of the Allowance for Loan Losses by Portfolio Segment The following table provides a rollforward of the ALLL and the reserve for unfunded lending commitments by portfolio type for December 31, 2022, 2021 and 2020:
Table 8.4.1
ROLLFORWARD OF ALLL & RESERVE FOR UNFUNDED LENDING COMMITMENTS
(Dollars in millions)Commercial, Financial, and Industrial (a)Commercial
Real Estate		Consumer
Real Estate		Credit Card
and Other		Total
Allowance for loan and lease losses:
Balance as of January 1, 2022$334 $154 $163 $19 $670 
Charge-offs (62)(1)(5)(25)(93)
Recoveries9 1 19 5 34 
Provision for loan and lease losses 27 (8)23 32 74 
Balance as of December 31, 2022308 146 200 31 685 
Reserve for remaining unfunded commitments:
Balance as of January 1, 202246 12 8 — 66 
Provision for unfunded lending commitments9 10 2 — 21 
Balance as of December 31, 202255 22 10 — 87 
Allowance for credit losses as of December 31, 2022$363 $168 $210 $31 $772 
Allowance for loan and lease losses:
Balance as of January 1, 2021$453 $242 $242 $26 $963 
Charge-offs (34)(5)(5)(15)(59)
Recoveries 21 5 27 4 57 
Provision for loan and lease losses (106)(88)(101)4 (291)
Balance as of December 31, 2021334 154 163 19 670 
Reserve for remaining unfunded commitments:
Balance as of January 1, 202165 10 10 — 85 
Provision for unfunded lending commitments(19)2 (2)— (19)
Balance as of December 31, 202146 12 8 — 66 
Allowance for credit losses as of December 31, 2021$380 $166 $171 $19 $736 
Allowance for loan and lease losses
Balance as of January 1, 2020$123 $36 $28 $13 $200 
Adoption of ASU 2016-1319 (7)93 2 107 
Balance as of January 1, 2020, as adjusted142 29 121 15 307 
Charge-offs (b)(129)(5)(8)(14)(156)
Recoveries 9 4 18 5 36 
Initial allowance on loans purchased with credit deterioration (b)138 100 44 5 287 
Provision for loan and lease losses (c)293 114 67 15 489 
Balance as of December 31, 2020453 242 242 26 963 
Reserve for remaining unfunded commitments:
Balance as of January 1, 20204 2 — — 6 
Adoption of ASU 2016-1317 1 6 — 24 
Balance as of January 1, 2020, as adjusted21 3 6 — 30 
Initial reserve on loans acquired12 26 3 — 41 
Provision for unfunded lending commitments32 (19)1 — 14 
Balance as of December 31, 202065 10 10 — 85 
Allowance for credit losses as of December 31, 2020$518 $252 $252 $26 $1,048 
(a)    C&I loans as of December 31, 2022, 2021 and 2020 include $76 million, $1.0 billion, and $4.1 billion in PPP loans, respectively, which due to the government guarantee and forgiveness provisions are considered to have no credit risk and therefore have no allowance for loan and lease losses.
(b) The year ended December 31, 2020 excludes day 1 charge-offs and the related initial allowance on PCD loans is net of these amounts. Under ASC 326, the initial ALLL recognized on PCD assets included an additional $237 million for charged-off loans that had been written off prior to acquisition (whether full or partial) or which met FHN's charge-off policy at the time of acquisition. After charging these amounts off immediately upon acquisition, the net impact was $287 million of additional ALLL for PCD loans.
(c) Provision for loan and lease losses for the year ended December 31, 2020 includes $147 million recognized on non-PCD loans from the IBKC merger and Truist branch acquisition.