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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense are summarized as follows:
Dollars in millionsDecember 31, 2023December 31, 2022
Operating lease cost$122 $128 
Finance lease cost:
Amortization of right-of-use assets1 1 
Interest on lease liabilities— — 
Variable lease cost19 24 
Total lease cost (a)
$142 $153 
(a)Short-term lease cost was less than $1 million for both the twelve months ended December 31, 2023, and December 31, 2022
Information pertaining to the lease term and weighted-average discount rate is summarized as follows:
December 31, 2023December 31, 2022
Weighted-average remaining lease term:
Operating leases5.696.10
Finance leases3.534.53
Weighted-average discount rate:
Operating leases3.09 %2.78 %
Finance leases4.54 %4.54 %
Schedule of Cash Flows Related to Leases
Cash flows related to leases are summarized as follows:
Dollars in millionsDecember 31, 2023December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$135 $139 
Financing cash flows from finance leases1 1 
Right-of-use assets obtained in exchange for lease obligations: (a)
Operating leases$65 $46 
(a)There were no right-of-use assets obtained in exchange for finance lease obligations for either the twelve months ended December 31, 2023 or December 31, 2022.
Schedule of Additional Balance Sheet Information Related to Leases
Additional balance sheet information related to leases is summarized as follows:
Dollars in millionsBalance sheet classificationDecember 31, 2023December 31, 2022
Operating lease assetsAccrued income and other assets$479 $525 
Operating lease liabilitiesAccrued expense and other liabilities548 601 
Finance leases:
Property and equipment, grossPremises and equipment$18 $18 
Accumulated depreciationPremises and equipment(15)(14)
Property and equipment, net3 4 
Finance lease liabilitiesLong-term debt5 6 
Schedule of Finance Lease, Maturities of Lease Liabilities
Maturities of lease liabilities are summarized as follows:
Dollars in millionsOperating LeasesFinance LeasesTotal
2024$133 $2 $135 
2025118 1 119 
2026102 — 102 
202784 — 84 
202864 — 64 
Thereafter103 3 106 
Total lease payments$604 $6 $610 
Less imputed interest56 1 57 
Total$548 $5 $553 
Schedule of Lessee, Operating Lease, Maturities of Lease Liabilities
Maturities of lease liabilities are summarized as follows:
Dollars in millionsOperating LeasesFinance LeasesTotal
2024$133 $2 $135 
2025118 1 119 
2026102 — 102 
202784 — 84 
202864 — 64 
Thereafter103 3 106 
Total lease payments$604 $6 $610 
Less imputed interest56 1 57 
Total$548 $5 $553 
Schedule of Lease Income, Operating Lease The components of equipment leasing income are summarized in the table below:
Dollars in millionsDecember 31, 2023December 31, 2022
Sales-type and direct financing leases
Interest income on lease receivable$78 $64 
 Interest income related to accretion of unguaranteed residual asset13 15 
 Interest income on deferred fees and costs4 — 
Total sales-type and direct financing lease income95 79 
Operating leases
Operating lease income related to lease payments84 105 
Other operating leasing gains and (losses)8 (2)
Total operating lease income and other leasing gains92 103 
Total lease income$187 $182 
Schedule of Lease Income, Sales-type Lease The components of equipment leasing income are summarized in the table below:
Dollars in millionsDecember 31, 2023December 31, 2022
Sales-type and direct financing leases
Interest income on lease receivable$78 $64 
 Interest income related to accretion of unguaranteed residual asset13 15 
 Interest income on deferred fees and costs4 — 
Total sales-type and direct financing lease income95 79 
Operating leases
Operating lease income related to lease payments84 105 
Other operating leasing gains and (losses)8 (2)
Total operating lease income and other leasing gains92 103 
Total lease income$187 $182 
Schedule of Lease Income, Direct Financing Lease The components of equipment leasing income are summarized in the table below:
Dollars in millionsDecember 31, 2023December 31, 2022
Sales-type and direct financing leases
Interest income on lease receivable$78 $64 
 Interest income related to accretion of unguaranteed residual asset13 15 
 Interest income on deferred fees and costs4 — 
Total sales-type and direct financing lease income95 79 
Operating leases
Operating lease income related to lease payments84 105 
Other operating leasing gains and (losses)8 (2)
Total operating lease income and other leasing gains92 103 
Total lease income$187 $182 
Schedule of Composition of Net Investment in Sales-Type and Direct Financing Leases The composition of the net investment in sales-type and direct financing leases is as follows:
Dollars in millionsDecember 31, 2023December 31, 2022
Lease receivables$2,896 $3,170 
Unearned income(286)(253)
Unguaranteed residual value468 472 
Deferred fees and costs2 5 
Net investment in sales-type and direct financing leases$3,080 $3,394 
Schedule of Minimum Future Lease Payments to be Received for Sales-Type and Direct Financing Leases
At December 31, 2023, minimum future lease payments to be received for sales-type and direct financing leases are as follows:
Dollars in millionsSales-type and direct financing lease payments
2024$823 
2025615 
2026485 
2027316 
2028192 
Thereafter445 
Total lease payments$2,876 
Schedule of Minimum Future Lease Payments to be Received for Operating Leases
At December 31, 2023, minimum future lease payments to be received for operating leases are as follows:
Dollars in millionsOperating lease payments
2024$63 
202552 
202636 
202724 
202814 
Thereafter32 
Total lease payments$220