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Fee-Based Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Fee-Based Revenue from Contracts with Customers FEE-BASED REVENUE FROM CONTRACTS WITH CUSTOMERS
As more fully described in Note 24 Fee-based Revenue from Contracts with Customers in Item 8 of our 2021 Form 10-K, a subset of our noninterest income relates to certain fee-based revenue within the scope of ASC Topic 606 - Revenue from Contracts with Customers (Topic 606).
Fee-based revenue within the scope of Topic 606 is recognized within our three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group. Interest income, income from lease contracts, fair value gains from financial instruments (including derivatives), income from mortgage servicing rights and guarantee products, letter of credit fees, non-refundable fees associated with acquiring or originating a loan and gains from the sale of financial assets are outside of the scope of Topic 606.
Effective for the first quarter of 2022, PNC updated the presentation of its noninterest income categorization to be based on product and service type, and accordingly, has changed the basis of presentation of its noninterest income revenue streams to: (i) Asset management and brokerage, (ii) Capital markets related, (iii) Card and cash management, (iv) Lending and deposit services, (v) Residential and commercial mortgage and (vi) Other noninterest income. For a description of each updated noninterest income revenue stream, see Note 1 Accounting Policies.
Table 79 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments' principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment's principal products and services, see Note 24 Fee-based Revenue from Contracts with Customers included in Item 8 of our 2021 Form 10-K.
Table 79: In-Scope Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income
Three Months Ended
June 30, 2022		Three Months Ended
June 30, 2021

In millions		Retail BankingCorporate &
Institutional
Banking		Asset
Management
Group		Retail BankingCorporate &
Institutional
Banking		Asset
Management
Group
Asset management and brokerage
Asset management fees$228 $239 
Brokerage fees$135 2 $109 2 
Total asset management and brokerage 135 230 109 241 
Card and cash management
Treasury management fees10 $327 11 $264 
Debit card fees177 164 
Net credit card fees (a)63 57 
Merchant services52 14 47 15 
Other 27 30 
Total card and cash management 329 341 309 279 
Lending and deposit services
Deposit account fees145 129 
Other 17 9 15 10 
Total lending and deposit services162 9 144 10 
Residential and commercial mortgage (b)33 35 
Capital markets related272 232 
Other9 8 
Total revenue from contracts with customers626 664 230 562 564 241 
Out-of-scope noninterest income (c)122 304 4 144 303 3 
Noninterest income by business segment$748 $968 $234 $706 $867 $244 
Reconciliation to consolidated noninterest income
Total business segment revenue from contracts with customers$1,520 $1,367 
Out-of-scope business segment noninterest income (c)430 450 
Noninterest income from other segments115 269 
Noninterest income as shown on the Consolidated Income Statement$2,065 $2,086 
(Continued from previous page)
Six Months Ended
June 30, 2022		Six Months Ended
June 30, 2021

In millions		Retail BankingCorporate &
Institutional
Banking		Asset
Management
Group		Retail BankingCorporate &
Institutional
Banking		Asset
Management
Group
Asset management and brokerage
Asset management fees$469 $465 
Brokerage fees$269 4 $211 2 
Total asset management and brokerage 269 473 211 467 
Card and cash management
Treasury management fees19 $629 18 $487 
Debit card fees338 302 
Net credit card fees (a)118 104 
Merchant services93 31 79 27 
Other50 57 
Total card and cash management 618 660 560 514 
Lending and deposit services
Deposit account fees287 248 
Other34 17 27 20 
Total lending and deposit services321 17 275 20 
Residential and commercial mortgage (b)64 66 
Capital markets related409 424 
Other22 27 
Total revenue from contracts with customers1,208 1,172 473 1,046 1,051 467 
Out-of-scope noninterest income (c)285 600 9 314 623 6 
Noninterest income by business segment$1,493 $1,772 $482 $1,360 $1,674 $473 
Reconciliation to consolidated noninterest income
Total business segment revenue from contracts with customers$2,853 $2,564 
Out-of-scope business segment noninterest income (c)894 943 
Noninterest income from other segments206 451 
Noninterest income as shown on the Consolidated Income Statement$3,953 $3,958 
(a)Net credit card fees consists of interchange fees of $172 million and $146 million and credit card reward costs of $109 million and $89 million for the three months ended June 30, 2022 and 2021, respectively. Net credit card fees consists of interchange fees of $320 million and $266 million and credit card reward costs of $202 million and $162 million for the six months ended June 30, 2022 and 2021, respectively.
(b)Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment.
(c)Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606.