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Acquisitions and Divestitures (Tables)
 9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisitions, by Acquisition The following schedule details the allocation of merger consideration to the valuations of the identifiable tangible and intangible assets acquired and liabilities assumed from IBKC as of July 1, 2020.
(Dollars in millions)IBERIABANK Corporation
Assets:
Cash and due from banks$395 
Interest-bearing deposits with banks1,683 
Securities available for sale at fair value3,544 
Loans held for sale320 
Loans and leases (a)25,921 
Allowance for loan and lease losses(284)
Other intangible assets240 
Premises and equipment311 
OREO9 
Other assets1,153 
Total assets acquired$33,292 
Liabilities:
Deposits$28,232 
Short-term borrowings209 
Term borrowings1,200 
Other liabilities618 
Total liabilities assumed$30,259 
Net assets acquired$3,033 
Consideration paid:
Consideration for outstanding common stock$2,243 
Consideration for equity awards28 
Consideration for preferred stock 231 
Total consideration paid$2,502 
Purchase accounting gain $(531)
(a)     Includes $1.3 billion of initial net investments in sales-type and direct financing leases.
Schedule of Merger and Integration Expense
Total merger and integration expense recognized for the three and nine months ended September 30, 2021 and 2020 are presented in the following table:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(Dollars in millions)2021202020212020
Personnel expense (a)$10 $35 $47 $41 
Legal and professional fees (b)9 31 15 38 
Contribution expense (c)— 20 — 20 
Other expense (d)27 15 85 22 
Total$46 $101 $147 $121 
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)    Primarily comprised of fees for severance and retention.
(b)    Primarily comprised of fees for legal, accounting, and merger consultants.    
(c)    Comprised of contribution expense related to the establishment of the First Horizon Louisiana Foundation.
(d)    Consists of fees for operations services, communications and delivery, equipment rentals, depreciation and maintenance, supplies, travel and entertainment, computer software, advertising and public relations, contract termination charges, internal technology development costs, costs of shareholder matters and asset impairments.