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Allowance for Credit Losses on Loans and Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Summary of Changes in Allowance for Credit Losses by Loan and Lease Class
Following is a summary of changes in the ACL, by loan and lease class:
TABLE 6.1
(in millions)Balance at
Beginning
of Year		Charge-
Offs		RecoveriesNet
Charge-
Offs		Provision
for Credit
Losses		ASC 326 Adoption ImpactInitial ACL on PCD LoansBalance at
End of
Year
Year Ended December 31, 2020
Commercial real estate$60 $(31)$7 $(24)$67 $38 $40 $181 
Commercial and industrial53 (32)7 (25)41 8 4 81 
Commercial leases11 (1)— (1)7 — — 17 
Other9 (4)1 (3)4 (9)— 1 
Total commercial loans and leases133 (68)15 (53)119 37 44 280 
Direct installment13 (1)1 — 2 10 1 26 
Residential mortgages22 (2)1 (1)3 6 4 34 
Indirect installment19 (8)4 (4)(6)2 — 11 
Consumer lines of credit9 (2)— (2)4 — 1 12 
Total consumer loans63 (13)6 (7)3 18 6 83 
Total allowance for credit losses on loans and leases$196 $(81)$21 $(60)$122 $55 $50 $363 
Allowance for unfunded loan commitments3 — — — 1 10 — 14 
Total allowance for credit losses on loans and leases and allowance for unfunded loan commitments$199 $(81)$21 $(60)$123 $65 $50 $377 

Following is a summary of changes in the AULC by portfolio segment:
TABLE 6.2
Year Ended December 312020
(in millions)
Balance at beginning of period$3 
Provision for unfunded loan commitments and letters of credit:
Commercial portfolio1 
Consumer portfolio— 
ASC 326 adoption impact:
Commercial portfolio8 
Consumer portfolio2 
Balance at end of period$14 
Following is a summary of changes in the ACL, by loan and lease class:

TABLE 6.3
(in millions)Balance at
Beginning of
Period		Charge-
Offs		RecoveriesNet
Charge-
Offs		Provision
for Credit
Losses		Balance at
End of
Period
Year Ended December 31, 2019
Commercial real estate$55 $(4)$4 $— $5 $60 
Commercial and industrial49 (10)4 (6)10 53 
Commercial leases8 — — — 3 11 
Other2 (3)— (3)3 2 
Total commercial loans and leases114 (17)8 (9)21 126 
Direct installment14 (1)— (1)— 13 
Residential mortgages20 (2)— (2)4 22 
Indirect installment15 (11)4 (7)11 19 
Consumer lines of credit10 (2)— (2)1 9 
Total consumer loans59 (16)4 (12)16 63 
Total allowance on originated loans and leases173 (33)12 (21)37 189 
Loans acquired in a business combination7 (9)2 (7)7 7 
Total allowance for credit losses$180 $(42)$14 $(28)$44 $196 
Year Ended December 31, 2018
Commercial real estate$50 $(7)$3 $(4)$9 $55 
Commercial and industrial52 (20)2 (18)15 49 
Commercial leases5 (3)— (3)6 8 
Other2 (4)— (4)4 2 
Total commercial loans and leases109 (34)5 (29)34 114 
Direct installment21 (17)2 (15)8 14 
Residential mortgages16 — — — 4 20 
Indirect installment12 (9)4 (5)8 15 
Consumer lines of credit10 (3)— (3)3 10 
Total consumer loans59 (29)6 (23)23 59 
Total allowance on originated loans and leases168 (63)11 (52)57 173 
Loans acquired in a business combination7 (7)3 (4)4 7 
Total allowance for credit losses$175 $(70)$14 $(56)$61 $180 
Summary of Individual and Collective Allowance for Credit Losses and Loan and Lease Balances by Class
Following is a summary of the individual and collective ACL and corresponding loan and lease balances by class:
TABLE 6.4
Allowance for Credit LossesLoans and Leases Outstanding
(in millions)Individually
Evaluated
for
Impairment		Collectively
Evaluated
for
Impairment		Loans and
Leases		Individually
Evaluated
for
Impairment		Collectively
Evaluated
for
Impairment
December 31, 2019
Commercial real estate$2 $58 $7,114 $13 $7,101 
Commercial and industrial2 51 5,063 17 5,046 
Commercial leases— 11 432 — 432 
Other— 2 21 — 21 
Total commercial loans and leases4 122 12,630 30 12,600 
Direct installment— 13 1,758 — 1,758 
Residential mortgages— 22 2,995 — 2,995 
Indirect installment— 19 1,922 — 1,922 
Consumer lines of credit— 9 1,092 — 1,092 
Total consumer loans— 63 7,767 — 7,767 
Total$4 $185 $20,397 $30 $20,367 
The above table excludes loans acquired in a business combination that were pooled into groups of loans for evaluating impairment.