Premises and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Premises and Equipment

10. Premises and Equipment

Premises and equipment at December 31, 2018, and December 31, 2017, consisted of the following:

		December 31,
dollars in millions	Useful life (in years)	2018			2017
Land	Indefinite	$	135		$	138
Buildings and improvements	15-40	747			741
Leasehold improvements	1-15	626			633
Furniture and equipment	2-15	907			931
Capitalized building leases	1-14(a)	28			27
Construction in process	N/A	35			38
Total premises and equipment		2,478			2,508
Less: Accumulated depreciation and amortization		(1,596		)	(1,578		)
Premises and equipment, net		$	882		$	930

(a) Capitalized building and equipment leases are amortized over the lesser of the useful life of asset or lease term.

Depreciation and amortization expense related to premises and equipment for the years ended December 31, 2018, December 31, 2017, and December 31, 2016 was $129 million, $138 million, and $123 million, respectively. This includes amortization of assets under capital leases.