Premises, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Premises, Equipment and Leasehold Improvement

PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTSPremises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:

Table 71: Premises, Equipment and Leasehold Improvements

In millions	December 31 2020		December 31 2019
Premises, equipment and leasehold improvements	$	14,843	$	14,681
Accumulated depreciation and amortization	(7,156)		(6,953)
Net book value	$	7,687	$	7,728

Depreciation expense on premises, equipment and leasehold improvements, as well as amortization expense, excluding intangible assets, primarily for capitalized internally developed software are shown in the following table:

Table 72: Depreciation and Amortization Expense

Year ended December 31 In millions	2020		2019		2018
Depreciation	$	791	$	778	$	754
Amortization	115		109		78
Total depreciation and amortization	$	906	$	887	$	832