PREMISES, EQUIPMENT, AND SOFTWARE (Tables)

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Summary of the carrying value of premises and equipment

A summary of the carrying value of premises and equipment is presented below:

		December 31,
(dollars in millions)	Useful Lives (years)	2018			2017
Land and land improvements	10 - 75		$112			$47
Buildings and leasehold improvements	5 - 60	852			719
Furniture, fixtures and equipment	5 - 20	1,019			1,465
Construction in progress		292			359
Total premises and equipment, gross		2,275			2,590
Accumulated depreciation		(1,484		)	(1,905		)
Total premises and equipment, net			$791			$685

Schedule of estimated future amortization expense for capitalized software assets

The estimated future amortization expense for capitalized software assets is presented below:

Year	(in millions)
2019		$186
2020	155
2021	116
2022	80
2023	48
Thereafter	72
Total (1)		$657

⁽¹⁾ Excluded from this balance is $188 million of in-process software at December 31, 2018.