Fee-Based Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

In-Scope Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income

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 Banking		Corporate & Institutional Banking		Asset Management Group		Retail Banking		Corporate & 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 fees	10		$	327			11		$	264
Debit card fees	177						164
Net credit card fees (a)	63						57
Merchant services	52		14				47		15
Other	27						30
Total card and cash management	329		341				309		279
Lending and deposit services
Deposit account fees	145						129
Other	17		9				15		10
Total lending and deposit services	162		9				144		10
Residential and commercial mortgage (b)			33						35
Capital markets related			272						232
Other			9						8
Total revenue from contracts with customers	626		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 segments					115						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 Banking		Corporate & Institutional Banking		Asset Management Group		Retail Banking		Corporate & 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 fees	19		$	629			18		$	487
Debit card fees	338						302
Net credit card fees (a)	118						104
Merchant services	93		31				79		27
Other	50						57
Total card and cash management	618		660				560		514
Lending and deposit services
Deposit account fees	287						248
Other	34		17				27		20
Total lending and deposit services	321		17				275		20
Residential and commercial mortgage (b)			64						66
Capital markets related			409						424
Other			22						27
Total revenue from contracts with customers	1,208		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 segments					206						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.