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Allowance for Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Rollforward Of The Allowance For Loan Losses By Portfolio Segment The following table provides a rollforward of the ALLL and the reserve for unfunded lending commitments by portfolio type for the three and nine months ended September 30, 2023 and 2022:
ROLLFORWARD OF ALLL & RESERVE FOR UNFUNDED LENDING COMMITMENTS
(Dollars in millions)Commercial, Financial, and Industrial (a)Commercial Real EstateConsumer Real EstateCredit Card and OtherTotal
Three Months Ended September 30, 2023
Allowance for loan and lease losses:
Balance as of July 1, 2023$326 $159 $221 $31 $737 
Charge-offs (b)(91)(5)(1)(7)(104)
Recoveries5 1 2 1 9 
Provision for loan and lease losses 95 14 6 3 118 
Balance as of September 30, 2023$335 $169 $228 $28 $760 
Reserve for remaining unfunded commitments:
Balance as of July 1, 2023$55 $24 $11 $— $90 
Provision for remaining unfunded commitments (6)(3)1 — (8)
Balance as of September 30, 202349 21 12 — 82 
Allowance for credit losses as of September 30, 2023$384 $190 $240 $28 $842 
Three Months Ended September 30, 2022
Allowance for loan and lease losses:
Balance as of July 1, 2022$274 $141 $183 $26 $624 
Charge-offs(13)(1)(1)(6)(21)
Recoveries 2 — 6 1 9 
Provision for loan and lease losses 32 8 5 7 52 
Balance as of September 30, 2022$295 $148 $193 $28 $664 
Reserve for remaining unfunded commitments:
Balance as of July 1, 2022$53 $17 $10 $— $80 
Provision for remaining unfunded commitments 5 2 1 — 8 
Balance as of September 30, 202258 19 11 — 88 
Allowance for credit losses as of September 30, 2022$353 $167 $204 $28 $752 
(Dollars in millions)Commercial, Financial, and Industrial (a)Commercial Real EstateConsumer Real EstateCredit Card and OtherTotal
Nine Months Ended September 30, 2023
Allowance for loan and lease losses:
Balance as of January 1, 2023$308 $146 $200 $31 $685 
Adoption of ASU 2022-021 — (7)— (6)
Charge-offs (b)(124)(15)(3)(17)(159)
Recoveries12 2 7 4 25 
Provision for loan and lease losses138 36 31 10 215 
Balance as of September 30, 2023$335 $169 $228 $28 $760 
Reserve for remaining unfunded commitments:
Balance as of January 1, 2023$55 $22 $10 $— $87 
Provision for remaining unfunded commitments (6)(1)2 — (5)
Balance as of September 30, 202349 21 12 — 82 
Allowance for credit losses as of September 30, 2023$384 $190 $240 $28 $842 
Nine Months Ended September 30, 2022
Allowance for loan and lease losses:
Balance as of January 1, 2022$334 $154 $163 $19 $670 
Charge-offs(38)(1)(4)(18)(61)
Recoveries 6 1 17 3 27 
Provision for loan and lease losses (7)(6)17 24 28 
Balance as of September 30, 2022$295 $148 $193 $28 $664 
Reserve for remaining unfunded commitments:
Balance as of January 1, 2022$46 $12 $8 $— $66 
Provision for remaining unfunded commitments12 7 3 — 22 
Balance as of September 30, 202258 19 11 — 88 
Allowance for credit losses as of September 30, 2022$353 $167 $204 $28 $752 
(a) C&I loans as of September 30, 2023 and 2022 include $35 million and $129 million in PPP loans, respectively, which due to the government guarantee and forgiveness provisions are considered to have no credit risk and therefore have no allowance for loan and lease losses.
(b) Charge-offs in the C&I portfolio in 2023 include $72 million from a single credit from a company in bankruptcy.
Schedule Of Gross Charge Offs by Year of Origination
The following table represents gross charge-offs by year of origination for the nine months ended September 30, 2023:

 GROSS CHARGE-OFFS
(Dollars in millions)20232022202120202019Prior to 2019Revolving LoansTotal
C&I (a)$74 $13 $6 $4 $9 $13 $5 $124 
CRE— — — — 2 13 — 15 
Consumer Real Estate— — — 1 — 2 — 3 
Credit Card and Other9 — 1 — — 2 5 17 
Total$83 $13 $7 $5 $11 $30 $10 $159 
(a) Includes $72 million from a single credit from a company in bankruptcy