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Consolidated Statements Of Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME      
Interest and fees on loans [1] $ 3,340 $ 2,153 $ 1,594
Interest on investment securities 430 414 280
Interest on short-term investments 405 105 27
Total interest income 4,175 2,672 1,901
INTEREST EXPENSE      
Interest on deposits 892 102 22
Interest on short-term borrowings 391 17 0
Interest on medium- and long-term debt [1] 378 87 35
Total interest expense 1,661 206 57
Net interest income 2,514 2,466 1,844
Provision for credit losses 89 60 (384)
Net interest income after provision for credit losses 2,425 2,406 2,228
NONINTEREST INCOME      
Card fees 280 273 298
Fiduciary income 235 233 231
Service charges on deposit accounts 185 195 195
Commercial lending fees 72 68 68
Foreign Currency Transaction Gain, before Tax 147 154 146
Bank-owned life insurance 46 47 43
Letter of credit fees 42 38 40
Brokerage fees 30 21 14
Securities gains and losses 0 0 0
Risk management hedging (loss) income (42) 8 0
Other noninterest income 83 31 88
Total noninterest income 1,078 1,068 1,123
NONINTEREST EXPENSES      
Salaries and benefits expense 1,306 1,208 1,133
Outside processing fee expense 277 251 266
FDIC insurance expense 180 31 22
Occupancy expense 171 175 161
Software expense 171 161 155
Equipment expense 50 50 50
Advertising expense 40 38 35
Other noninterest expenses 164 84 39
Total noninterest expenses 2,359 1,998 1,861
Income before income taxes 1,144 1,476 1,490
Provision for income taxes 263 325 322
Net Income 881 1,151 1,168
Less income allocated to participating securities 4 6 5
Preferred stock dividends 23 23 23
Net income attributable to common shares $ 854 $ 1,122 $ 1,140
Basic earnings per common share $ 6.47 $ 8.56 $ 8.45
Diluted earnings per common share $ 6.44 $ 8.47 $ 8.35
Cash dividends declared on common stock $ 375 $ 356 $ 365
Cash dividends declared per common share $ 2.84 $ 2.72 $ 2.72
[1] Includes the effects of hedging.