Loan Portfolio (Tables)

3 Months Ended

Mar. 31, 2024

Loans Receivables [Abstract]

Schedule of Loans by Category

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

Dollars in millions	March 31, 2024		December 31, 2023
Commercial and industrial (b)	$	54,793	$	55,815
Commercial real estate:
Commercial mortgage	14,540		15,187
Construction	3,013		3,066
Total commercial real estate loans	17,553		18,253
Commercial lease financing (c)	3,305		3,523
Total commercial loans	75,651		77,591
Residential — prime loans:
Real estate — residential mortgage	20,704		20,958
Home equity loans	6,905		7,139
Total residential — prime loans	27,609		28,097
Other consumer loans	5,690		5,916
Credit cards	935		1,002
Total consumer loans	34,234		35,015
Total loans (d)	$	109,885	$	112,606

(a)Accrued interest of $508 million and $522 million at March 31, 2024, and December 31, 2023, respectively, presented in "Accrued income and other assets" on the Consolidated Balance Sheets is excluded from the amortized cost basis disclosed in this table.

(b)Loan balances include $214 million and $207 million of commercial credit card balances at March 31, 2024, and December 31, 2023, respectively.

(c)Commercial and industrial includes receivables held as collateral for a secured borrowing of $349 million at March 31, 2024. Commercial lease financing includes receivables held as collateral for a secured borrowing of $6 million and $7 million at March 31, 2024, and December 31, 2023, respectively. Principal reductions are based on the cash payments received from these related receivables. Additional information pertaining to this secured borrowing is included in Note 20 (“Long-Term Debt”) beginning on page 165 of our 2023 Form 10-K.

(d)Total loans exclude loans of $313 million at March 31, 2024, and $339 million at December 31, 2023, related to the discontinued operations of the education lending business. These amounts are included within “Discontinued assets” on the Consolidated Balance Sheet.