CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 1,203	$ 634
Interest-bearing deposits with banks	8,351	482
Federal funds sold and securities purchased under agreements to resell	445	633
Trading securities	1,176	1,346
Securities available for sale at fair value	8,047	4,445
Loans held for sale (including $405 and $14 at fair value, respectively)	1,022	594
Loans and leases (including $16 and $— at fair value, respectively)	58,232	31,061
Allowance for loan and lease losses	(963)	(200)
Net loans and leases	57,269	30,861
Premises and equipment	759	455
Goodwill	1,511	1,433
Other intangible assets	354	131
Other assets	4,072	2,297
Total assets	84,209	43,311
Liabilities
Noninterest-bearing deposits	22,173	8,429
Interest-bearing deposits	47,809	24,001
Total deposits	69,982	32,430
Trading liabilities	353	506
Short-term borrowings	2,198	3,518
Term borrowings	1,670	791
Other liabilities	1,699	990
Total liabilities	75,902	38,235
Equity
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,250 and 1,000 shares, respectively	470	96
Common stock, $0.625 par value; authorized 700,000,000 and 400,000,000 shares, respectively; issued 555,030,652 and 311,469,056 shares, respectively	347	195
Capital surplus	5,074	2,931
Retained earnings	2,261	1,798
Accumulated other comprehensive loss, net	(140)	(239)
FHN shareholders' equity	8,012	4,781
Noncontrolling interest	295	295
Total equity	8,307	5,076
Total liabilities and equity	$ 84,209	$ 43,311