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Business Segment Information - Amounts of Consolidated Revenue, Expense, Tax and Assets by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Disaggregation of Revenue [Line Items]            
Net interest income (expense) $ 630   $ 542   $ 1,318 $ 1,021
Provision for credit losses 50   30   100 (10)
Noninterest income 400   201   571 430
Noninterest expense 555   488   1,033 982
Income (loss) before income taxes 425   225   756 479
Income tax expense (benefit) 96   48   171 105
Net income (loss) 329 $ 255 177 $ 198 585 374
Average assets 82,304   86,326   80,582 87,450
Gain on merger termination 225   0   225 0
TD Transaction            
Disaggregation of Revenue [Line Items]            
Merger and integration expense 30   25   51 34
Regional Banking            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) 612   465   1,198 892
Provision for credit losses 43   52   85 22
Noninterest income 108   114   215 228
Noninterest expense 321   299   641 604
Income (loss) before income taxes 356   228   687 494
Income tax expense (benefit) 84   53   161 116
Net income (loss) 272   175   526 378
Average assets 45,615   41,943   45,054 41,249
Gain on merger termination 0       0  
Specialty Banking            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) 129   141   255 285
Provision for credit losses 10   (18)   20 (21)
Noninterest income 48   96   101 201
Noninterest expense 88   114   181 247
Income (loss) before income taxes 79   141   155 260
Income tax expense (benefit) 19   35   38 63
Net income (loss) 60   106   117 197
Average assets 20,024   20,237   19,732 20,240
Gain on merger termination 0       0  
Corporate            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) (111)   (64)   (135) (156)
Provision for credit losses (3)   (4)   (5) (11)
Noninterest income 244   (9)   255 1
Noninterest expense 146   75   211 131
Income (loss) before income taxes (10)   (144)   (86) (275)
Income tax expense (benefit) (7)   (40)   (28) (74)
Net income (loss) (3)   (104)   (58) (201)
Average assets 16,665   24,146   15,796 25,961
Gain on merger termination 225       225  
Corporate | First Horizon Foundation            
Disaggregation of Revenue [Line Items]            
Payment for cash contribution 50       50  
Corporate | TD Transaction            
Disaggregation of Revenue [Line Items]            
Merger and integration expense 30       51  
Gain on merger termination $ 225       $ 225  
Corporate | BKC Merger and TD Merger Agreement            
Disaggregation of Revenue [Line Items]            
Merger and integration expense     $ 38     $ 75