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CASH FLOW INFORMATION
12 Months Ended
Dec. 31, 2024
Supplemental Cash Flow Elements [Abstract]  
CASH FLOW INFORMATION CASH FLOW INFORMATION
Following is a summary of supplemental cash flow information:
TABLE 23.1
Year Ended December 31202420232022
(in millions)
Interest paid on deposits and other borrowings$973 $619 $144 
Income taxes paid58 94 81 
Transfers of loans to other real estate owned2 
Loans transferred to held for sale from portfolio431 355 — 
Loans transferred to portfolio from held for sale20 38 12 
We did not have any restricted cash as of December 31, 2024, 2023 or 2022.
Supplemental non-cash information relating to the Howard and Union acquisitions is included in Note 27, Mergers and Acquisitions.