PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

Following is a summary of premises and equipment:

TABLE 9.1

December 31	2023		2022
(in millions)
Land	$	65	$	74
Premises	279		264
Equipment	468		406
Finance leases	34		23
	846		767
Accumulated depreciation	(385)		(335)
Total premises and equipment, net	$	461	$	432

Depreciation expense for premises and equipment is presented in the following table:

TABLE 9.2

December 31	2023		2022		2021
(in millions)
Depreciation expense for premises and equipment	$	59	$	49	$	46