Premises and Equipment (Detail) (USD $)
In Millions, unless otherwise specified

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

NOTE 8 - PREMISES AND EQUIPMENT

Premises and equipment at December 31 consisted of the following:




(Dollars in millions)	Useful Life	2013		2012
Land	Indefinite		$345		$349
Buildings and improvements	2 - 40 years	1,045		1,041
Leasehold improvements	1 - 30 years	609		622
Furniture and equipment	1 - 20 years	1,399		1,357
Construction in progress		206		111
Total premises and equipment		3,604		3,480
Less: Accumulated depreciation and amortization		2,039		1,916
Premises and equipment, net			$1,565		$1,564

The carrying amounts of premises and equipment subject to mortgage indebtedness (included in long-term debt) were immaterial at December 31, 2013 and 2012. Net premises and equipment included $5 million and $6 million related to capital leases at December 31, 2013 and 2012, respectively. Aggregate rent expense (principally for offices), including contingent rent expense and sublease income, totaled $220 million, $228 million, and $225 million for the years ended December 31, 2013, 2012, and 2011, respectively. Depreciation and amortization expense for the years ended December 31, 2013, 2012, and 2011 totaled $185 million, $188 million, and $181 million, respectively.

Various Company facilities are leased under both capital and noncancelable operating leases with initial remaining terms in excess of one year. Minimum payments, by year and in aggregate, at December 31, 2013, were as follows:




(Dollars in millions)	Operating Leases		Capital Leases
2014		$208		$2
2015	196		2
2016	190		2
2017	171		2
2018	91		2
Thereafter	354		3
Total minimum lease payments		$1,210	13
Less: Amounts representing interest			3
Present value of net minimum lease payments				$10