CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 987	$ 1,061
Interest-bearing deposits with banks	2,488	1,384
Federal funds sold and securities purchased under agreements to resell	309	482
Trading securities	1,122	1,375
Securities available for sale at fair value	8,954	8,836
Securities held to maturity (fair value of $1,214 and $1,209, respectively)	1,362	1,371
Loans held for sale (including $68 and $51 at fair value, respectively)	650	590
Loans and leases	59,045	58,102
Allowance for loan and lease losses	(715)	(685)
Net loans and leases	58,330	57,417
Premises and equipment	603	612
Goodwill	1,511	1,511
Other intangible assets	222	234
Other assets	4,191	4,080
Total assets	80,729	78,953
Liabilities
Noninterest-bearing deposits	21,134	23,466
Interest-bearing deposits	40,306	40,023
Total deposits	61,440	63,489
Trading liabilities	144	335
Short-term borrowings	6,484	2,506
Term borrowings	1,605	1,597
Other liabilities	2,161	2,479
Total liabilities	71,834	70,406
Equity
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 31,686 shares	1,014	1,014
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 537,618,507 and 537,100,615 shares, respectively	336	336
Capital surplus	4,863	4,840
Retained earnings	3,595	3,430
Accumulated other comprehensive loss, net	(1,208)	(1,368)
FHN shareholders' equity	8,600	8,252
Noncontrolling interest	295	295
Total equity	8,895	8,547
Total liabilities and equity	$ 80,729	$ 78,953
Preferred stock, shares issued (in shares)	31,686	31,686