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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Earnings Per Common and Diluted Share
The computations of basic and diluted earnings per common share were as follows:
EARNINGS PER SHARE COMPUTATIONS
 Three Months Ended
September 30,		Nine Months Ended
September 30,
(Dollars in millions, except per share data; shares in thousands)2024202320242023
Net income $223 $142 $624 727 
Net income attributable to noncontrolling interest5 5 15 14 
Net income attributable to controlling interest218 137 609 713 
Preferred stock dividends5 828 24 
Net income available to common shareholders$213 $129 $581 $689 
Weighted average common shares outstanding—basic534,222 558,559 544,356 544,952 
Effect of dilutive restricted stock, performance equity awards and options3,749 2,862 3,273 4,250 
Effect of dilutive convertible preferred stock (a)— — — 12,728 
Weighted average common shares outstanding—diluted537,971 561,421 547,629 561,930 
Basic earnings per common share$0.40 $0.23 $1.07 $1.26 
Diluted earnings per common share$0.40 $0.23 $1.06 $1.23 
(a) On February 28, 2022, FHN issued $494 million of Series G Convertible Preferred Stock, which was converted into common stock on June 26, 2023, following the termination of the TD Merger Agreement. Conversion occurred at the rate of 4,000 common shares per Series G preferred share resulting in 19,742,776 additional common shares outstanding. 2023 includes the impact of the Series G preferred shares based on the final conversion rate.
Schedule of Anti-Dilutive Options and Awards
The following table presents average outstanding options and other equity awards that were excluded from the calculation of diluted earnings per share because they were either anti-dilutive (the exercise price was higher
than the weighted-average market price for the period) or the performance conditions have not been met:
ANTI-DILUTIVE EQUITY AWARDS
 Three Months Ended
September 30,		Nine Months Ended
September 30,
(Shares in thousands)2024202320242023
Stock options excluded from the calculation of diluted EPS963 1,928 1,024 — 
Weighted average exercise price of stock options excluded from the calculation of diluted EPS$16.87 $16.44 $16.99 $24.36 
Other equity awards excluded from the calculation of diluted EPS3,964 7,589 5,151 2,496