Premises, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises, Equipment and Leasehold Improvement

PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:

Table 66: Premises, Equipment and Leasehold Improvements

In millions	December 31, 2023		December 31, 2022
Premises, equipment and leasehold improvements	$	18,358	$	17,769
Accumulated depreciation and amortization	(9,841)		(9,015)
Net book value	$	8,517	$	8,754

Depreciation expense on premises, equipment and leasehold improvements, as well as amortization expense, excluding intangible assets, primarily for capitalized internally developed software are shown in the following table:

Table 67: Depreciation and Amortization Expense

Year ended December 31 In millions	2023		2022		2021
Depreciation	$	900	$	899	$	844
Amortization	138		130		122
Total depreciation and amortization	$	1,038	$	1,029	$	966