GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill Rollforward

The following table shows a rollforward of goodwill by line of business:

TABLE 10.1

(in millions)	Community Banking		Wealth Manage- ment		Insurance		Total
Balance at January 1, 2022	$	2,231	$	8	$	23	$	2,262
Goodwill additions	215		—		—		215
Balance at December 31, 2022	2,446		8		23		2,477
Goodwill additions	—		—		—		—
Balance at December 31, 2023	$	2,446	$	8	$	23	$	2,477

Summary of Core Deposit Intangibles, Customer Renewal Lists and Mortgage Servicing Rights

The following table shows a summary of core deposit intangibles and customer renewal lists:

TABLE 10.2

(in millions)	Core Deposit Intangibles		Customer Renewal Lists		Total
December 31, 2023
Gross carrying amount	$	258	$	18	$	276
Accumulated amortization	(192)		(15)		(207)
Net carrying amount	$	66	$	3	$	69
December 31, 2022
Gross carrying amount	$	258	$	18	$	276
Accumulated amortization	(173)		(14)		(187)
Net carrying amount	$	85	$	4	$	89

Schedule of Amortization Expense Recognized

The following table summarizes amortization expense recognized:

TABLE 10.3

December 31	2023		2022		2021
(in millions)
Amortization expense	$	20	$	14	$	12

Schedule of Expected Amortization Expenses on Finite-Lived Intangible Assets

Following is a summary of the expected amortization expense on finite-lived intangible assets, assuming no new additions, for each of the five years following December 31, 2023:

TABLE 10.4

(in millions)
2024	$	17
2025	16
2026	12
2027	8
2028	6
Total	$	59