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INCOME TAXES - Effective Income Tax Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Amount      
U.S. Federal income tax expense $ 273 $ 473 $ 459
Increase (decrease) resulting from:      
Federal rate change 0 0 (34)
State and local income taxes (net of federal benefit) 54 73 89
Bank-owned life insurance (12) (12) (12)
Tax-exempt interest (10) (15) (15)
Tax advantaged investments (including related credits) (68) (50) (44)
Other tax credits (6) (10) (8)
Adjustments for uncertain tax positions (1) 0 1
Non-deductible FDIC premiums 14 13 21
Legacy tax matters (4) (19) 0
Other 1 7 5
Income tax expense $ 241 $ 460 $ 462
Rate      
U.S. Federal income tax rate 21.00% 21.00% 21.00%
Increase (decrease) resulting from:      
Federal rate change 0.00% 0.00% (1.60%)
State and local income taxes (net of federal benefit) 4.20% 3.20% 4.10%
Bank-owned life insurance (0.90%) (0.50%) (0.50%)
Tax-exempt interest (0.70%) (0.70%) (0.70%)
Tax advantaged investments (including related credits) (5.30%) (2.30%) (2.00%)
Other tax credits (0.50%) (0.40%) (0.40%)
Adjustments for uncertain tax positions (0.10%) 0.00% 0.10%
Non-deductible FDIC premiums 1.10% 0.60% 1.00%
Legacy tax matters (0.30%) (0.80%) 0.00%
Other 0.00% 0.30% 0.20%
Total income tax expense and tax rate 18.50% 20.40% 21.20%