CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Activities
Net income	$ 197	$ 255
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for credit losses	50	50
Deferred income tax expense (benefit)	(57)	6
Depreciation and amortization of premises and equipment	14	14
Amortization of intangible assets	11	12
Net other amortization and accretion	1	4
Net (increase) decrease in trading securities	591	375
Net (increase) decrease in derivatives	4	(266)
Stock-based compensation expense	18	22
Loans held for sale:
Purchases and originations	(608)	(477)
Gross proceeds from settlements and sales	379	293
(Gain) loss due to fair value adjustments and other	(6)	2
Other operating activities, net	244	(359)
Total adjustments	641	(324)
Net cash provided by (used in) operating activities	838	(69)
Investing Activities
Proceeds from maturities of securities available for sale	183	244
Purchases of securities available for sale	(21)	(221)
Proceeds from prepayments of securities held to maturity	13	10
Purchases of premises and equipment	(10)	(5)
Net (increase) decrease in loans and leases	(488)	(949)
Net (increase) decrease in interest-bearing deposits with banks	(557)	(1,103)
Other investing activities, net	4	2
Net cash provided (used in) by investing activities	(876)	(2,022)
Common stock:
Stock options exercised	0	5
Cash dividends paid	(85)	(83)
Repurchase of shares	(159)	(4)
Preferred stock:
Cash dividends paid - preferred stock - noncontrolling interest	(5)	(4)
Cash dividends paid - preferred stock	(8)	(8)
Net increase (decrease) in deposits	(39)	(2,049)
Net increase (decrease) in short-term borrowings	154	3,979
Proceeds from issuance of term borrowings	11	0
Increases (decreases) in term borrowings	4	8
Net cash provided by (used in) financing activities	(127)	1,844
Net increase (decrease) in cash and cash equivalents	(165)	(247)
Cash and cash equivalents at beginning of period	1,731	1,543
Cash and cash equivalents at end of period	1,566	1,296
Supplemental Disclosures
Total interest paid	420	200
Total taxes paid	3	3
Total taxes refunded	0	2
Transfer from loans to OREO	1	2
Transfer from loans HFS to trading securities	$ 342	$ 122