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Fee-Based Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Fee-Based Revenue from Contracts with Customers FEE-BASED REVENUE FROM CONTRACTS WITH CUSTOMERS
As more fully described in Note 24 Fee-based Revenue from Contracts with Customers in our 2022 Form 10-K, a subset of our noninterest income relates to certain fee-based revenue within the scope of ASC Topic 606 - Revenue from Contracts with Customers (Topic 606).
Fee-based revenue within the scope of Topic 606 is recognized within our three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group. Interest income, income from lease contracts, fair value gains from financial instruments (including derivatives), income from mortgage servicing rights and guarantee products, letter of credit fees, non-refundable fees associated with acquiring or originating a loan and gains from the sale of financial assets are outside of the scope of Topic 606.
In the fourth quarter of 2022, PNC updated the name of the noninterest income line item “Capital markets related” to “Capital markets and advisory.” This update did not impact the components of the category. All periods presented herein reflect these changes. For a description of each updated noninterest income revenue stream, see Note 1 Accounting Policies.

Table 79 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments’ principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment’s principal products and services, see Note 24 Fee-based Revenue from Contracts with Customers in our 2022 Form 10-K.
Table 79: Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income
Three Months Ended March 31
In millions		Retail BankingCorporate &
Institutional
Banking		Asset Management Group
2023
Asset management and brokerage
Asset management fees$224 
Brokerage fees$130 2 
Total asset management and brokerage 130 226 
Card and cash management
Treasury management fees10 $328 
Debit card fees165 
Net credit card fees (a)58 
Merchant services39 19 
Other 24 
Total card and cash management 296 347 
Lending and deposit services
Deposit account fees155 
Other 18 8 
Total lending and deposit services173 8 
Residential and commercial mortgage (b)42 
Capital markets and advisory156 
Other8 
Total in-scope noninterest income599 561 226 
Out-of-scope noninterest income (c)144 325 4 
Noninterest income by business segment$743 $886 $230 
Reconciliation to consolidated noninterest incomeFor the three months ended March 31, 2023
Total in-scope business segment noninterest income$1,386 
Out-of-scope business segment noninterest income (c)473 
Noninterest income from other segments159 
Noninterest income as shown on the Consolidated Income Statement$2,018 
(Continued from previous page)
Three months ended March 31
In millions		Retail BankingCorporate &
Institutional
Banking		Asset
Management
Group
2022
Asset management and brokerage
Asset management fees$241 
Brokerage fees$134 2 
Total asset management and brokerage 134 243 
Card and cash management
Treasury management fees9 $302 
Debit card fees161 
Net credit card fees (a)55 
Merchant services41 17 
Other23 
Total card and cash management 289 319 
Lending and deposit services
Deposit account fees142 
Other17 8 
Total lending and deposit services159 8 
Residential and commercial mortgage (b)31 
Capital markets and advisory137 
Other13 
Total in-scope noninterest income582 508 243 
Out-of-scope noninterest income (c)163 296 5 
Noninterest income by business segment$745 $804 $248 
Reconciliation to consolidated noninterest incomeFor the three months ended March 31, 2022
Total in-scope business segment noninterest income$1,333 
Out-of-scope business segment noninterest income (c)464 
Noninterest income from other segments91 
Noninterest income as shown on the Consolidated Income Statement$1,888 
(a)Net credit card fees consists of interchange fees of $160 million and $148 million and credit card reward costs of $102 million and $93 million for the three months ended March 31, 2023 and 2022, respectively.
(b)Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment.
(c)Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606.