Premises, Equipment and Leasehold Improvements (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Premises, Equipment and Leasehold Improvements

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

Table 74: Premises, Equipment and Leasehold Improvements

In millions	December 31, 2024		December 31, 2023
Premises, equipment and leasehold improvements	$	19,403	$	18,358
Accumulated depreciation and amortization	(10,731)		(9,841)
Net book value	$	8,672	$	8,517

Depreciation and Amortization Expense

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 75: Depreciation and Amortization Expense (a)

Year ended December 31
In millions	2024		2023		2022
Depreciation	$	912	$	900	$	899
Amortization	139		138		130
Total depreciation and amortization	$	1,051	$	1,038	$	1,029

(a)Included in Occupancy and Equipment expense on the Consolidated Income Statement.