Strategic Initiatives (Tables)

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Schedule of Changes in Restructuring Liability

The following table summarizes the changes in the liability associated with our Restructuring Plan during the three months ended March 31, 2020:

	Severance and Other Employee Costs(1)		Lease Termination and Associated Costs(2)		Total
	(in millions)
Three Months Ended March 31, 2020
Restructuring liability at beginning of period	$	—	$	—	$	—
Restructuring costs recorded during the period	9		24		33
Restructuring costs paid during the period	—		—		—
Restructuring liability at end of period	$	9	$	24	$	33

⁽¹⁾  Severance and other employee costs are included in salaries and employee benefits in the consolidated statement of income (loss), substantially all of which were reported in the Retail Banking & Wealth Management business segment for segment reporting purposes.

⁽²⁾  Primarily includes real estate taxes, service charges and decommissioning costs. Lease termination and associated costs are included in occupancy expense, net in the consolidated statement of income (loss) and were reported in the Corporate Center business segment for segment reporting purposes.