Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 1,012	$ 1,061
Interest-bearing deposits with banks	1,328	1,384
Federal funds sold and securities purchased under agreements to resell	719	482
Trading securities	1,412	1,375
Securities available for sale at fair value	8,391	8,836
Securities held to maturity (fair value of $1,161 and $1,209, respectively)	1,323	1,371
Loans held for sale (including $68 and $51 at fair value, respectively)	502	590
Loans and leases	61,292	58,102
Allowance for loan and lease losses	(773)	(685)
Net loans and leases	60,519	57,417
Premises and equipment	590	612
Goodwill	1,510	1,511
Other intangible assets	186	234
Other assets	4,169	4,080
Total assets	81,661	78,953
Liabilities
Noninterest-bearing deposits	17,204	23,466
Interest-bearing deposits	48,576	40,023
Total deposits	65,780	63,489
Trading liabilities	509	335
Short-term borrowings	2,549	2,506
Term borrowings	1,150	1,597
Other liabilities	2,382	2,479
Total liabilities	72,370	70,406
Equity
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 and 31,686 shares, respectively	520	1,014
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 558,838,694 and 537,100,615 shares, respectively	349	336
Capital surplus	5,351	4,840
Retained earnings	3,964	3,430
Accumulated other comprehensive loss, net	(1,188)	(1,368)
FHN shareholders' equity	8,996	8,252
Noncontrolling interest	295	295
Total equity	9,291	8,547
Total liabilities and equity	$ 81,661	$ 78,953