XML 19 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 1,443 $ 1,758
Interest-bearing deposits with banks 8,059 4,524
Other short-term investments 399 157
Investment Securities, Available-for-sale 16,869 19,012
Commercial loans 27,251 30,909
Real estate construction loans 5,083 3,105
Commercial mortgage loans 13,686 13,306
Lease financing 807 760
International loans 1,102 1,197
Residential mortgage loans 1,889 1,814
Consumer loans 2,295 2,311
Total loans 52,113 53,402
Less allowance for loan losses (688) (610)
Net loans 51,425 52,792
Premises and equipment 445 400
Accrued income and other assets 7,194 6,763
Total assets 85,834 85,406
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 27,849 39,945
Money market and interest-bearing checking deposits 28,246 26,290
Savings deposits 2,381 3,225
Customer certificates of deposit 3,723 1,762
Other time deposits 4,550 124
Foreign office time deposits 13 51
Total interest-bearing deposits 38,913 31,452
Total deposits 66,762 71,397
Short-term borrowings 3,565 3,211
Accrued expenses and other liabilities 2,895 2,593
Medium- and long-term debt 6,206 3,024
Total liabilities 79,428 80,225
Fixed rate reset non-cumulative perpetual preferred stock, series A, no par value, $100,000 liquidation preference per share: Authorized - 4,000 shares, Issued - 4,000 shares at 12/31/2023 and 12/31/2022 394 394
Common stock - $5 par value: Authorized - 325,000,000 shares; Issued - 228,164,824 shares 1,141 1,141
Capital surplus 2,224 2,220
Accumulated other comprehensive loss (3,048) (3,742)
Retained earnings 11,727 11,258
Less cost of common stock in treasury - 96,266,568 shares at 12/31/23 and 97,197,962 shares at 12/31/22 (6,032) (6,090)
Total shareholders' equity 6,406 5,181
Total liabilities and shareholders' equity $ 85,834 $ 85,406