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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Results of Businesses | Table 79: Results of Businesses
Three months ended June 30 In millions |  | Retail Banking |  | Corporate & Institutional Banking |  | Asset Management Group |  | Other |  | Consolidated (a)
2024 |  |  |  |  |  |  |  |  |  |
Income Statement |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 2,709 |  |  | $ | 1,531 |  |  | $ | 163 |  |  | $ | (1,101) |  |  | $ | 3,302 |
Noninterest income |  | 1,409 |  |  | 942 |  |  | 235 |  |  | (477) |  |  | 2,109 |
Total revenue |  | 4,118 |  |  | 2,473 |  |  | 398 |  |  | (1,578) |  |  | 5,411 |
Provision for (recapture of) credit losses |  | 27 |  |  | 228 |  |  | 2 |  |  | (22) |  |  | 235 |
Depreciation and amortization |  | 80 |  |  | 51 |  |  | 9 |  |  | 145 |  |  | 285 |
Other noninterest expense |  | 1,761 |  |  | 860 |  |  | 252 |  |  | 199 |  |  | 3,072 |
Income (loss) before income taxes (benefit) and noncontrolling interests |  | 2,250 |  |  | 1,334 |  |  | 135 |  |  | (1,900) |  |  | 1,819 |
Income taxes (benefit) |  | 524 |  |  | 283 |  |  | 32 |  |  | (497) |  |  | 342 |
Net income (loss) |  | 1,726 |  |  | 1,051 |  |  | 103 |  |  | (1,403) |  |  | 1,477 |
Less: Net income attributable to noncontrolling interests |  | 11 |  |  | 5 |  |  |  |  | 2 |  |  | 18 |
Net income (loss) excluding noncontrolling interests |  | $ | 1,715 |  |  | $ | 1,046 |  |  | $ | 103 |  |  | $ | (1,405) |  |  | $ | 1,459 |
Average Assets |  | $ | 115,102 |  |  | $ | 229,604 |  |  | $ | 17,018 |  |  | $ | 201,306 |  |  | $ | 563,030 |
2023 |  |  |  |  |  |  |  |  |  |
Income Statement |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 2,448 |  |  | $ | 1,349 |  |  | $ | 125 |  |  | $ | (412) |  |  | $ | 3,510 |
Noninterest income |  | 702 |  |  | 821 |  |  | 228 |  |  | 32 |  |  | 1,783 |
Total revenue |  | 3,150 |  |  | 2,170 |  |  | 353 |  |  | (380) |  |  | 5,293 |
Provision for (recapture of) credit losses |  | (14) |  |  | 209 |  |  | (10) |  |  | (39) |  |  | 146 |
Depreciation and amortization |  | 81 |  |  | 53 |  |  | 7 |  |  | 143 |  |  | 284 |
Other noninterest expense |  | 1,823 |  |  | 868 |  |  | 273 |  |  | 124 |  |  | 3,088 |
Income (loss) before income taxes (benefit) and noncontrolling interests |  | 1,260 |  |  | 1,040 |  |  | 83 |  |  | (608) |  |  | 1,775 |
Income taxes (benefit) |  | 295 |  |  | 218 |  |  | 20 |  |  | (258) |  |  | 275 |
Net income (loss) |  | 965 |  |  | 822 |  |  | 63 |  |  | (350) |  |  | 1,500 |
Less: Net income attributable to noncontrolling interests |  | 11 |  |  | 5 |  |  |  |  |  | 1 |  |  | 17 |
Net income (loss) excluding noncontrolling interests |  | $ | 954 |  |  | $ | 817 |  |  | $ | 63 |  |  | $ | (351) |  |  | $ | 1,483 |
Average Assets |  | $ | 114,826 |  |  | $ | 234,174 |  |  | $ | 15,562 |  |  | $ | 190,945 |  |  | $ | 555,507 |
(Continued from previous page) |  |  |  |  |  |  |  |  |  |
Six months ended June 30 In millions |  | Retail Banking |  | Corporate & Institutional Banking |  | Asset Management Group |  | Other |  | Consolidated (a)
2024 |  |  |  |  |  |  |  |  |  |
Income Statement |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 5,326 |  |  | $ | 3,051 |  |  | $ | 320 |  |  | $ | (2,131) |  |  | $ | 6,566 |
Noninterest income |  | 2,173 |  |  | 1,830 |  |  | 465 |  |  | (478) |  |  | 3,990 |
Total revenue |  | 7,499 |  |  | 4,881 |  |  | 785 |  |  | (2,609) |  |  | 10,556 |
Provision for (recapture of) credit losses |  | 145 |  |  | 275 |  |  | (3) |  |  | (27) |  |  | 390 |
Depreciation and amortization |  | 159 |  |  | 101 |  |  | 16 |  |  | 289 |  |  | 565 |
Other noninterest expense |  | 3,519 |  |  | 1,732 |  |  | 510 |  |  | 365 |  |  | 6,126 |
Income (loss) before income taxes (benefit) and noncontrolling interests |  | 3,676 |  |  | 2,773 |  |  | 262 |  |  | (3,236) |  |  | 3,475 |
Income taxes (benefit) |  | 857 |  |  | 596 |  |  | 62 |  |  | (861) |  |  | 654 |
Net income (loss) |  | 2,819 |  |  | 2,177 |  |  | 200 |  |  | (2,375) |  |  | 2,821 |
Less: Net income attributable to noncontrolling interests |  | 19 |  |  | 10 |  |  |  |  | 3 |  |  | 32 |
Net income (loss) excluding noncontrolling interests |  | $ | 2,800 |  |  | $ | 2,167 |  |  | $ | 200 |  |  | $ | (2,378) |  |  | $ | 2,789 |
Average Assets |  | $ | 114,651 |  |  | $ | 229,151 |  |  | $ | 16,873 |  |  | $ | 202,264 |  |  | $ | 562,939 |
2023 |  |  |  |  |  |  |  |  |  |
Income Statement |  |  |  |  |  |  |  |  |  |
Net interest income |  | $ | 4,729 |  |  | $ | 2,732 |  |  | $ | 252 |  |  | $ | (618) |  |  | $ | 7,095 |
Noninterest income |  | 1,445 |  |  | 1,707 |  |  | 458 |  |  | 191 |  |  | 3,801 |
Total revenue |  | 6,174 |  |  | 4,439 |  |  | 710 |  |  | (427) |  |  | 10,896 |
Provision for (recapture of) credit losses |  | 224 |  |  | 181 |  |  | (1) |  |  | (23) |  |  | 381 |
Depreciation and amortization |  | 159 |  |  | 107 |  |  | 13 |  |  | 286 |  |  | 565 |
Other noninterest expense |  | 3,672 |  |  | 1,753 |  |  | 547 |  |  | 156 |  |  | 6,128 |
Income (loss) before income taxes (benefit) and noncontrolling interests |  | 2,119 |  |  | 2,398 |  |  | 151 |  |  | (846) |  |  | 3,822 |
Income taxes (benefit) |  | 497 |  |  | 512 |  |  | 36 |  |  | (417) |  |  | 628 |
Net income (loss) |  | 1,622 |  |  | 1,886 |  |  | 115 |  |  | (429) |  |  | 3,194 |
Less: Net income attributable to noncontrolling interests |  | 21 |  |  | 10 |  |  |  |  | 3 |  |  | 34 |
Net income (loss) excluding noncontrolling interests |  | $ | 1,601 |  |  | $ | 1,876 |  |  | $ | 115 |  |  | $ | (432) |  |  | $ | 3,160 |
Average Assets |  | $ | 115,103 |  |  | $ | 234,354 |  |  | $ | 15,282 |  |  | $ | 194,162 |  |  | $ | 558,901 |
(a)There were no material intersegment revenues for the three and six months ended June 30, 2024 and 2023.

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