Premises and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Premises and Equipment

11. Premises and Equipment

Premises and equipment at December 31, 2019, and December 31, 2018, consisted of the following:

		December 31,
dollars in millions	Useful life (in years)	2019			2018
Land	Indefinite	$	128		$	135
Buildings and improvements	15-40	729			747
Leasehold improvements	1-15	620			626
Furniture and equipment	2-15	872			907
Capitalized building leases	1-14 (a)	28			28
Construction in process	N/A	48			35
Total premises and equipment		2,425			2,478
Less: Accumulated depreciation and amortization		(1,611		)	(1,596		)
Premises and equipment, net		$	814		$	882

(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, 2019, December 31, 2018, and December 31, 2017 was $118 million, $131 million, and $138 million, respectively. This includes amortization of assets under capital leases.