CASH FLOW INFORMATION

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Elements [Abstract]

CASH FLOW INFORMATION

CASH FLOW INFORMATION

Following is a summary of supplemental cash flow information:

TABLE 24.1

Year Ended December 31	2023		2022		2021
(in millions)
Interest paid on deposits and other borrowings	$	619	$	144	$	101
Income taxes paid	94		81		74
Transfers of loans to other real estate owned	2		2		4
Loans transferred to held for sale from portfolio	355		—		—
Loans transferred to portfolio from held for sale	38		12		—

We did not have any restricted cash as of December 31, 2023, 2022 or 2021.

Supplemental non-cash information relating to the Howard and Union acquisitions is included in Note 3, Mergers and Acquisitions.