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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 12 Months Ended
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Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts and Gross Fair Values of Derivative Assets and Derivative Liabilities | The following table presents notional amounts and gross fair values of our derivative assets and derivative liabilities which are not offset in the Consolidated Balance Sheets: TABLE 15.1
December 31 | 2025 |  | 2024
| Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
(in millions) | Assets |  | Liabilities |  | Assets |  | Liabilities
Gross Derivatives |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangements: |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts – designated | $ | 1,650 |  |  | $ | 13 |  |  | $ | — |  |  | $ | 2,400 |  |  | $ | — |  |  | $ | 6 |
Interest rate swaps – not designated | 6,064 |  |  | 51 |  |  | 51 |  |  | 5,901 |  |  | 96 |  |  | 16 |
Total subject to master netting arrangements | 7,714 |  |  | 64 |  |  | 51 |  |  | 8,301 |  |  | 96 |  |  | 22 |
Not subject to master netting arrangements: |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps – not designated | 6,064 |  |  | 51 |  |  | 155 |  |  | 5,901 |  |  | 16 |  |  | 287 |
Interest rate lock commitments – not designated | 298 |  |  | 7 |  |  | — |  |  | 417 |  |  | 1 |  |  | 4 |
Forward delivery commitments – not designated | 458 |  |  | — |  |  | 2 |  |  | 486 |  |  | 4 |  |  | — |
Credit risk contracts – not designated | 815 |  |  | — |  |  | — |  |  | 819 |  |  | — |  |  | — |
Total not subject to master netting arrangements | 7,635 |  |  | 58 |  |  | 157 |  |  | 7,623 |  |  | 21 |  |  | 291 |
Total | $ | 15,349 |  |  | $ | 122 |  |  | $ | 208 |  |  | $ | 15,924 |  |  | $ | 117 |  |  | $ | 313 |
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income (AOCI) | The following table shows amounts reclassified from AOCI: TABLE 15.2
| Amount of Gain (Loss) Recognized in OCI on Derivatives |  | Location of Gain (Loss) Reclassified from AOCI into Income |  | Amount of Gain (Loss) Reclassified from AOCI into Income
| Year Ended December 31, |  |  |  | Year Ended December 31,
(in millions) | 2025 |  | 2024 |  | 2023 |  |  |  | 2025 |  | 2024 |  | 2023
Derivatives in cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts | $ | 13 |  |  | $ | (18) |  |  | $ | (10) |  |  | Interest income (expense) |  | $ | (20) |  |  | $ | (40) |  |  | $ | (24) |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table represents gains (losses) recognized in the Consolidated Statements of Income on cash flow hedging relationships: TABLE 15.3
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
(in millions) | Interest Income - Loans and Leases |  | Interest Expense - Short-Term Borrowings |  | Interest Income - Loans and Leases |  | Interest Expense - Short-Term Borrowings |  | Interest Income - Loans and Leases |  | Interest Expense - Short-Term Borrowings
Total amounts of income and expense line items presented in the Consolidated Statements of Income (the effects of cash flow hedges are included in these line items) | $ | 1,996 |  |  | $ | 68 |  |  | $ | 1,985 |  |  | $ | 99 |  |  | $ | 1,754 |  |  | $ | 78 |
The effects of cash flow hedging: |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts: |  |  |  |  |  |  |  |  |  |  |
Amount of gain (loss) reclassified from AOCI into net income | (20) |  |  | — |  |  | (47) |  |  | 7 |  |  | (46) |  |  | 22 |
Schedule of Derivative Financial Instruments on the Consolidated Statements of Income | The following table presents the effect of certain derivative financial instruments on the Consolidated Statements of Income: TABLE 15.4
|  |  | Year Ended December 31,
(in millions) | Consolidated Statements of Income Location |  | 2025 |  | 2024 |  | 2023
Interest rate swaps | Non-interest income - other |  | $ | — |  |  | $ | 1 |  |  | $ | (1) |
Mortgage banking contracts | Mortgage banking operations |  | (5) |  |  | 7 |  |  | (3) |
Credit risk contracts | Non-interest income - other |  | — |  |  | — |  |  | — |
Schedule of Offsetting Assets | The following table presents a reconciliation of the net amounts of derivative assets and derivative liabilities presented in the Consolidated Balance Sheets to the net amounts that would result in the event of offset. Swap derivative transactions with customers are generally secured by rights to non-financial collateral, such as real and personal property, which is not shown in the table below. TABLE 15.5
|  |  |  |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
(in millions) | Gross Amount Recognized |  | Gross Amount Offset in the Consolidated Balance Sheets |  | Net Amount Presented in the Consolidated Balance Sheets |  | Financial Instruments Available for Offset |  | Collateral Received/Pledged |  | Net Amount
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |
Derivative Assets |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 64 |  |  | $ | — |  |  | $ | 64 |  |  | $ | 43 |  |  | $ | 20 |  |  | $ | 1 |
Not subject to master netting arrangement | 51 |  |  | — |  |  | 51 |  |  |  |  |  |  |
Total | $ | 115 |  |  | $ | — |  |  | $ | 115 |  |  |  |  |  |  |
Derivative Liabilities |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 51 |  |  | $ | — |  |  | $ | 51 |  |  | $ | 43 |  |  | $ | 8 |  |  | $ | — |
Not subject to master netting arrangement | 155 |  |  | — |  |  | 155 |  |  |  |  |  |  |
Total | $ | 206 |  |  | $ | — |  |  | $ | 206 |  |  |  |  |  |  |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
Derivative Assets |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 96 |  |  | $ | — |  |  | $ | 96 |  |  | $ | 16 |  |  | $ | 80 |  |  | $ | — |
Not subject to master netting arrangement | 16 |  |  | — |  |  | 16 |  |  |  |  |  |  |
Total | $ | 112 |  |  | $ | — |  |  | $ | 112 |  |  |  |  |  |  |
Derivative Liabilities |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 22 |  |  | $ | — |  |  | $ | 22 |  |  | $ | 16 |  |  | $ | 6 |  |  | $ | — |
Not subject to master netting arrangement | 287 |  |  | — |  |  | 287 |  |  |  |  |  |  |
Total | $ | 309 |  |  | $ | — |  |  | $ | 309 |  |  |  |  |  |  |
Schedule of Offsetting Liabilities | The following table presents a reconciliation of the net amounts of derivative assets and derivative liabilities presented in the Consolidated Balance Sheets to the net amounts that would result in the event of offset. Swap derivative transactions with customers are generally secured by rights to non-financial collateral, such as real and personal property, which is not shown in the table below. TABLE 15.5
|  |  |  |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
(in millions) | Gross Amount Recognized |  | Gross Amount Offset in the Consolidated Balance Sheets |  | Net Amount Presented in the Consolidated Balance Sheets |  | Financial Instruments Available for Offset |  | Collateral Received/Pledged |  | Net Amount
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |
Derivative Assets |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 64 |  |  | $ | — |  |  | $ | 64 |  |  | $ | 43 |  |  | $ | 20 |  |  | $ | 1 |
Not subject to master netting arrangement | 51 |  |  | — |  |  | 51 |  |  |  |  |  |  |
Total | $ | 115 |  |  | $ | — |  |  | $ | 115 |  |  |  |  |  |  |
Derivative Liabilities |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 51 |  |  | $ | — |  |  | $ | 51 |  |  | $ | 43 |  |  | $ | 8 |  |  | $ | — |
Not subject to master netting arrangement | 155 |  |  | — |  |  | 155 |  |  |  |  |  |  |
Total | $ | 206 |  |  | $ | — |  |  | $ | 206 |  |  |  |  |  |  |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
Derivative Assets |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 96 |  |  | $ | — |  |  | $ | 96 |  |  | $ | 16 |  |  | $ | 80 |  |  | $ | — |
Not subject to master netting arrangement | 16 |  |  | — |  |  | 16 |  |  |  |  |  |  |
Total | $ | 112 |  |  | $ | — |  |  | $ | 112 |  |  |  |  |  |  |
Derivative Liabilities |  |  |  |  |  |  |  |  |  |  |
Subject to master netting arrangement | $ | 22 |  |  | $ | — |  |  | $ | 22 |  |  | $ | 16 |  |  | $ | 6 |  |  | $ | — |
Not subject to master netting arrangement | 287 |  |  | — |  |  | 287 |  |  |  |  |  |  |
Total | $ | 309 |  |  | $ | — |  |  | $ | 309 |  |  |  |  |  |  |

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