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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, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Disaggregation of Revenue [Line Items]            
Net interest income (expense) $ 629   $ 630   $ 1,253 $ 1,318
Provision for credit losses 55   50   105 100
Noninterest income 186   400   381 571
Noninterest expense 500   555   1,015 1,033
Income (loss) before income taxes 260   425   514 756
Income tax expense (benefit) 56   96   113 171
Net income 204 $ 197 329 $ 255 401 585
Average assets 81,721   82,304   81,482 80,582
Gain on merger termination 0   225   0 225
Regional Banking            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) 522   585   1,054 1,146
Provision for credit losses 57   36   86 72
Noninterest income 109   106   214 210
Noninterest expense 333   313   657 626
Income (loss) before income taxes 241   342   525 658
Income tax expense (benefit) 56   80   122 154
Net income 185   262   403 504
Average assets 43,519   42,302   43,283 41,800
Gain on merger termination     0     0
Specialty Banking            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) 158   156   310 307
Provision for credit losses 1   18   23 33
Noninterest income 64   50   137 106
Noninterest expense 103   95   207 195
Income (loss) before income taxes 118   93   217 185
Income tax expense (benefit) 29   23   53 45
Net income 89   70   164 140
Average assets 24,592   23,329   24,194 22,978
Gain on merger termination     0     0
Corporate            
Disaggregation of Revenue [Line Items]            
Net interest income (expense) (51)   (111)   (111) (135)
Provision for credit losses (3)   (4)   (4) (5)
Noninterest income 13   244   30 255
Noninterest expense 64   147   151 212
Income (loss) before income taxes (99)   (10)   (228) (87)
Income tax expense (benefit) (29)   (7)   (62) (28)
Net income (70)   (3)   (166) (59)
Average assets 13,610   16,673   14,005 15,804
Restructuring costs 3       9  
Special assessment fee $ 2       $ 12  
Gain on merger termination     225     225
Corporate | Visa Shares            
Disaggregation of Revenue [Line Items]            
Derivative valuation adjustment     15     15
Corporate | First Horizon Foundation            
Disaggregation of Revenue [Line Items]            
Charitable foundation contributions     50     50
Corporate | TD Transaction            
Disaggregation of Revenue [Line Items]            
Merger and integration expense     30     51
Gain on merger termination     $ 225     $ 225