Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Property, Plant and Equipment

Useful lives for premises and equipment are generally estimated as follows:


Premises and Equipment						Useful Lives
Buildings and improvements						5-39 years
Furniture and equipment						3-10 years
Computer software						3 years
Leasehold improvements						Lesser of the useful life or the remaining lease term

The following table presents our premises and equipment as of December 31, 2025 and 2024.

Table 8.1 Components of Premises and Equipment


(Dollars in millions)	December 31, 2025		December 31, 2024
Land	$	330	$	303
Buildings and improvements	4,591		4,276
Furniture and equipment	1,830		1,751
Computer software	4,902		3,357
In progress	550		426
Total premises and equipment, gross	12,203		10,113
Less: Accumulated depreciation and amortization	(6,601)		(5,602)
Total premises and equipment, net	$	5,602	$	4,511

Accounting Standards Update and Change in Accounting Principle

Newly Adopted Accounting Standards During the Year Ended December 31, 2025

Standard

Guidance

Adoption Timing and
Financial Statement Impacts

Income Tax Disclosures

Accounting Standards Update No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures

Issued December 2023

Requires entities to annually disclose additional information regarding income tax rate reconciliations and make additional disclosures about income taxes paid.

We adopted this standard as of December 31, 2025 using a retrospective transition method.

See “Note 16—Income Taxes” and the “Consolidated Statements of Cash Flows” for the required disclosures.