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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income for the period $ 201 $ 175 $ 354 $ 379
Other comprehensive income (loss), net of tax:        
Net unrealized holding gains (losses) on investment securities (14) (86) (2) (9)
Unrealized loss amortization associated with the securities transferred from AFS to HTM 50 54 96 103
Net unrealized gains on other noninterest-bearing investments 1 0 1 0
Net unrealized holding gains (losses) on derivative instruments 0 (8) (1) 21
Reclassification adjustment for decrease in interest income recognized in earnings on derivative instruments 23 30 49 67
Other comprehensive income (loss), net of tax 60 (10) 143 182
Comprehensive income $ 261 $ 165 $ 497 $ 561