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Business Segment Information - Schedule of Amounts of Consolidated Revenue, Expense, Tax and Assets by Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Interest income $ 4,352 $ 4,100 $ 2,683
Interest expense 1,841 1,560 291
Funds transfer pricing 0 0 0
Net interest income 2,511 2,540 2,392
Noninterest income 679 927 815
Total revenues 3,190 3,467 3,207
Noninterest expense 2,035 2,079 1,953
Pre-provision net revenue 1,155 1,388 1,254
Provision for credit losses 150 260 95
Income before income taxes 1,005 1,128 1,159
Income tax expense (benefit) 211 212 247
Net income (loss) 794 916 912
Average assets 81,822 81,683 84,217
Depreciation and amortization 101 102 85
Expenditures for long-lived assets 45 34 24
Gain on merger termination 0 225 0
Gain on divestiture 0 9 0
Visa Class B Shares      
Segment Reporting Information [Line Items]      
Derivative valuation adjustment 15 15  
Commercial, Consumer & Wealth      
Segment Reporting Information [Line Items]      
Interest income 3,538 3,286 2,053
Interest expense 1,413 1,115 156
Funds transfer pricing 418 523 368
Net interest income 2,543 2,694 2,265
Noninterest income 461 448 477
Total revenues 3,004 3,142 2,742
Noninterest expense 1,417 1,370 1,309
Pre-provision net revenue 1,587 1,772 1,433
Provision for credit losses 158 260 85
Income before income taxes 1,429 1,512 1,348
Income tax expense (benefit) 337 357 319
Net income (loss) 1,092 1,155 1,029
Average assets 59,402 58,126 52,771
Depreciation and amortization 37 34 (1)
Expenditures for long-lived assets 26 16 15
Gain on merger termination   0  
Wholesale      
Segment Reporting Information [Line Items]      
Interest income 530 478 339
Interest expense 125 100 47
Funds transfer pricing (211) (195) (39)
Net interest income 194 183 253
Noninterest income 230 174 259
Total revenues 424 357 512
Noninterest expense 299 276 344
Pre-provision net revenue 125 81 168
Provision for credit losses 3 15 11
Income before income taxes 122 66 157
Income tax expense (benefit) 29 16 38
Net income (loss) 93 50 119
Average assets 8,209 7,583 9,172
Depreciation and amortization 7 7 6
Expenditures for long-lived assets 1 1 10
Gain on merger termination   0  
Gain on sale of mortgage servicing rights     12
Wholesale | FHN Financial Securities Corp.      
Segment Reporting Information [Line Items]      
Gain on disposition of assets   9  
Corporate      
Segment Reporting Information [Line Items]      
Interest income 284 336 291
Interest expense 303 345 88
Funds transfer pricing (207) (328) (329)
Net interest income (226) (337) (126)
Noninterest income (12) 305 79
Total revenues (238) (32) (47)
Noninterest expense 319 433 300
Pre-provision net revenue (557) (465) (347)
Provision for credit losses (11) (15) (1)
Income before income taxes (546) (450) (346)
Income tax expense (benefit) (155) (161) (110)
Net income (loss) (391) (289) (236)
Average assets 14,211 15,974 22,274
Depreciation and amortization 57 61 80
Expenditures for long-lived assets 18 17 (1)
Gain on merger termination   225  
Equity securities losses   6 (10)
Restructuring costs 14 10  
FDIC special assessment 9 68  
Surrender of bank owned life insurance   24  
Benefit from merger-related tax items   59  
Corporate | Visa Class B Shares      
Segment Reporting Information [Line Items]      
Derivative valuation adjustment 15 15 22
Corporate | Fintech Investment      
Segment Reporting Information [Line Items]      
Gain on sale of investments     6
Corporate | First Horizon Foundation      
Segment Reporting Information [Line Items]      
Charitable foundation contributions   50  
Corporate | Title Insurance Business      
Segment Reporting Information [Line Items]      
Gain on divestiture     22
Corporate | TD Transaction      
Segment Reporting Information [Line Items]      
Gain on merger termination   225  
Merger and integration expense   $ 51  
Corporate | BKC Merger and TD Merger Agreement      
Segment Reporting Information [Line Items]      
Merger and integration expense     $ 136
Corporate | Other Restructuring      
Segment Reporting Information [Line Items]      
Loss on securities $ 91