Premises and Equipment and Other Assets (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Premises and Equipment at Carried Cost, Less Accumulated Depreciation and Amortization

Premises and equipment are carried at cost, less accumulated depreciation and amortization. As of December 31, 2016 and 2015, the amounts were as follows:

	December 31,
	2016							2015
(Dollars in millions)	Cost		Accumulated Depreciation and Amortization			Net Book Value		Cost		Accumulated Depreciation and Amortization			Net Book Value
Land	$	120	$	—		$	120	$	140	$	—		$	140
Premises	473		(275		)	198		599		(341		)	258
Leasehold improvements	405		(255		)	150		357		(239		)	118
Furniture, fixtures and equipment	637		(514		)	123		688		(560		)	128
Total	$	1,635	$	(1,044	)	$	591	$	1,784	$	(1,140	)	$	644

Rental, Depreciation and Amortization Expenses

Rental, depreciation and amortization expenses were as follows:

	For the Years Ended December 31,
(Dollars in millions)	2016		2015		2014
Rental expense of premises	$	128	$	134	$	120
Less: rental income	15		24		9
Net rental expense	$	113	$	110	$	111
Depreciation and amortization of premises and equipment	$	92	$	99	$	105

Future Minimum Lease Payments

Future minimum lease payments at December 31, 2016 were as follows:

(Dollars in millions)	2016
Years ending December 31,:
2017	$	148
2018	135
2019	113
2020	101
2021	86
Thereafter	398
Total minimum lease payments	$	981
Minimum rental income due in the future under subleases	$	10

Schedule of other assets

The following table shows the balances of other assets as of December 31, 2016 and 2015.

(Dollars in millions)	December 31, 2016		December 31, 2015
Other investments	$	3,468	$	3,171
Software	441		370
Intangible assets	246		206
OREO	3		21
Other	4,338		2,769
Total other assets	$	8,496	$	6,537