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Business Segment Information - Amounts of Consolidated Revenue, Expense, Tax and Assets by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Disaggregation of Revenue [Line Items]                  
Net interest income (expense) $ 627     $ 605     $ 1,881 $ 1,923  
Provision for credit losses 35     110     140 210  
Noninterest income 200     173     581 745  
Noninterest expense 511     474     1,527 1,508  
Income (loss) before income taxes 281     194     795 950  
Income tax expense (benefit) 58     52     171 223  
Net income 223 $ 204 $ 197 142 $ 329 $ 255 624 727  
Average assets 82,366     83,220     81,779 81,471  
Gain on merger termination 0     0     0 225  
Visa Class B Shares                  
Disaggregation of Revenue [Line Items]                  
Derivative valuation adjustment 15           15   $ 15
Regional Banking                  
Disaggregation of Revenue [Line Items]                  
Net interest income (expense) 517     558     1,572 1,705  
Provision for credit losses 33     113     119 184  
Noninterest income 114     106     328 316  
Noninterest expense 329     310     986 937  
Income (loss) before income taxes 269     241     795 900  
Income tax expense (benefit) 63     56     185 210  
Net income 206     185     610 690  
Average assets 43,425     43,249     43,344 42,285  
Gain on merger termination               0  
Specialty Banking                  
Disaggregation of Revenue [Line Items]                  
Net interest income (expense) 166     160     476 467  
Provision for credit losses 3     2     26 35  
Noninterest income 67     49     203 156  
Noninterest expense 104     96     311 292  
Income (loss) before income taxes 126     111     342 296  
Income tax expense (benefit) 31     27     83 72  
Net income 95     84     259 224  
Average assets 24,945     24,084     24,432 23,353  
Gain on merger termination               0  
Corporate                  
Disaggregation of Revenue [Line Items]                  
Net interest income (expense) (56)     (113)     (167) (249)  
Provision for credit losses (1)     (5)     (5) (9)  
Noninterest income 19     18     50 273  
Noninterest expense 78     68     230 279  
Income (loss) before income taxes (114)     (158)     (342) (246)  
Income tax expense (benefit) (36)     (31)     (97) (59)  
Net income (78)     (127)     (245) (187)  
Average assets 13,996     15,887     14,003 15,833  
Restructuring costs 2     10     10 10  
Special assessment fee (credit) (2)           10    
Surrender of bank owned life insurance policies, expense       24       24  
Benefit from merger-related tax items       $ 11       11  
Gain on merger termination               225  
Corporate | First Horizon Foundation                  
Disaggregation of Revenue [Line Items]                  
Charitable foundation contributions               50  
Corporate | TD Transaction                  
Disaggregation of Revenue [Line Items]                  
Merger and integration expense               51  
Gain on merger termination               225  
Corporate | Visa Class B Shares                  
Disaggregation of Revenue [Line Items]                  
Derivative valuation adjustment $ 15           $ 15 $ 15