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INCOME TAXES - Effective Income Tax Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Amount      
U.S. Federal income tax expense $ 426 $ 558 $ 625
Increase (decrease) resulting from:      
State and local income taxes (net of federal benefit) 58 133 126
Bank-owned life insurance (20) (19) (14)
Tax-exempt interest (12) (8) (7)
Tax advantaged investments (including related credits) (77) (102) (95)
Other tax credits (3) (9) (7)
Adjustments for uncertain tax positions 5 1 3
Non-deductible FDIC insurance premiums 35 20 14
Legacy tax matters 0 3 0
Other 10 5 13
Income tax expense $ 422 $ 582 $ 658
Rate      
U.S. Federal income tax rate 21.00% 21.00% 21.00%
Increase (decrease) resulting from:      
State and local income taxes (net of federal benefit) 2.90% 5.00% 4.20%
Bank-owned life insurance (1.00%) (0.70%) (0.50%)
Tax-exempt interest (0.60%) (0.30%) (0.20%)
Tax advantaged investments (including related credits) (3.80%) (3.80%) (3.20%)
Other tax credits (0.10%) (0.30%) (0.20%)
Adjustments for uncertain tax positions 0.20% 0.00% 0.10%
Non-deductible FDIC insurance premiums 1.70% 0.70% 0.50%
Legacy tax matters 0.00% 0.10% 0.00%
Other 0.50% 0.20% 0.40%
Total income tax expense and effective tax rate 20.80% 21.90% 22.10%