VARIABLE INTEREST ENTITIES - Income Statement Effect (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
|
Provision for income taxes: | ||||
Amortization of LIHTC investments under proportional method | $ 3 | $ 4 | $ 7 | $ 7 |
Low-income housing tax credits | (4) | (4) | (8) | (7) |
Other tax benefits related to tax credit investments | 0 | (1) | (1) | (2) |
Total impact on provision for income taxes | $ (1) | $ (1) | $ (2) | $ (2) |