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Fee-Based Revenue from Contracts with Customers | 3 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Fee-Based Revenue from Contracts with Customers | FEE-BASED R EVENUE FROM C ONTRACTS WITH C USTOMERS As more fully described in Note 24 Fee-based Revenue from Contracts with Customers in our 2020 Form 10-K, a subset of our noninterest income relates to certain fee-based revenue within the scope of ASC Topic 606 - Revenue from Contracts with Customers (Topic 606). Fee-based revenue within the scope of Topic 606 is recognized within our three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group. Interest income, income from lease contracts, fair value gains from financial instruments (including derivatives), income from mortgage servicing rights and guarantee products, letter of credit fees, non-refundable fees associated with acquiring or originating a loan and gains from the sale of financial assets are outside of the scope of Topic 606. The following tables present noninterest income within the scope of Topic 606 disaggregated by segment. A description of the fee-based revenue and how it is recognized for each segment’s principal services and products is included in our 2020 Form 10-K. Retail Banking Table 73: Retail Banking Noninterest Income Disaggregation
| Three months ended March 31 |  |  |  |
In millions | 2021 | 2020 |  |  |  |  |
Product |  |  |  |  |  |  |
Debit card fees | $ | 138 |  | $ | 129 |  |  |  |  |  |
Deposit account fees | 108 |  | 158 |  |  |  |  |  |
Brokerage fees | 102 |  | 93 |  |  |  |  |  |
Net credit card fees (a) | 47 |  | 41 |  |  |  |  |  |
Merchant services | 32 |  | 49 |  |  |  |  |  |
Other | 57 |  | 56 |  |  |  |  |  |
Total in-scope noninterest income by product | $ | 484 |  | $ | 526 |  |  |  |  |  |
Reconciliation to total Retail Banking noninterest income |  |  |  |  |  |  |
Total in-scope noninterest income | $ | 484 |  | $ | 526 |  |  |  |  |  |
Total out-of-scope noninterest income (b) | 170 |  | 262 |  |  |  |  |  |
Total Retail Banking noninterest income | $ | 654 |  | $ | 788 |  |  |  |  |  |
(a)Net credit card fees consists of interchange fees of $120 million and $118 million and credit card reward costs of $73 million and $77 million for the three months ended March 31, 2021 and 2020, respectively. (b)Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606. Corporate & Institutional Banking Table 74: Corporate & Institutional Banking Noninterest Income Disaggregation
| Three months ended March 31 |  |  |  |
In millions | 2021 | 2020 |  |  |  |  |
Product |  |  |  |  |  |  |
Treasury management fees | $ | 235 |  | $ | 216 |  |  |  |  |  |
Capital markets fees | 192 |  | 175 |  |  |  |  |  |
Commercial mortgage banking activities | 31 |  | 26 |  |  |  |  |  |
Other | 29 |  | 20 |  |  |  |  |  |
Total in-scope noninterest income by product | $ | 487 |  | $ | 437 |  |  |  |  |  |
Reconciliation to total Corporate & Institutional Banking noninterest income |  |  |  |  |  |  |
Total in-scope noninterest income | $ | 487 |  | $ | 437 |  |  |  |  |  |
Total out-of-scope noninterest income (a) | 320 |  | 257 |  |  |  |  |  |
Total Corporate & Institutional Banking noninterest income | $ | 807 |  | $ | 694 |  |  |  |  |  |
(a)Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606. Asset Management Group Table 75: Asset Management Group Noninterest Income Disaggregation
| Three months ended March 31 |  |  |  |  |
In millions | 2021 | 2020 |  |  |  |  |  |
Customer Type |  |  |  |  |  |  |  |
Personal | $ | 173 |  | $ | 150 |  |  |  |  |  |  |
Institutional | 53 |  | 51 |  |  |  |  |  |  |
Total in-scope noninterest income by customer type | $ | 226 |  | $ | 201 |  |  |  |  |  |  |
Reconciliation to Asset Management Group noninterest income |  |  |  |  |  |  |  |
Total in-scope noninterest income | $ | 226 |  | $ | 201 |  |  |  |  |  |  |
Total out-of-scope noninterest income (a) | 3 |  | 3 |  |  |  |  |  |  |
Total Asset Management Group noninterest income | $ | 229 |  | $ | 204 |  |  |  |  |  |  |
(a)Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 + Details
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