XML 67 R57.htm IDEA: XBRL DOCUMENT v3.22.2
Business Combinations - Schedule of Business Acquisitions (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jan. 03, 2022
Jun. 30, 2022
Jun. 30, 2022
Jun. 30, 2021
Liabilities        
Gain on acquisition   $ 0 $ 431 $ 0
CIT Group Inc.        
Business Acquisition [Line Items]        
Consideration for stock-based compensation $ 81      
Cash in lieu of fractional shares and other consideration paid 51      
Purchase price consideration 5,952      
Assets        
Cash and interest-earning deposits at banks 3,060      
Investment securities 6,561      
Assets held for sale 59      
Loans and leases 32,714      
Operating lease equipment 7,838      
Bank-owned life insurance 1,202      
Intangible assets 143      
Other assets 2,198      
Total assets acquired 53,775      
Liabilities        
Deposits 39,428      
Borrowings 4,536      
Credit balances of factoring clients 1,534      
Other liabilities 1,894      
Total liabilities assumed 47,392      
Fair value of net assets acquired 6,383      
Gain on acquisition $ 431      
CIT Group Inc. | Class A Common Stock, Par Value $1        
Business Acquisition [Line Items]        
Shares of BancShares Class A common stock issued (in shares) 6,140,010      
Price per share on January 3, 2022 (in dollars per share) $ 859.76      
Consideration for common stock and preferred stock $ 5,279      
CIT Group Inc. | Preferred Stock        
Business Acquisition [Line Items]        
Consideration for common stock and preferred stock $ 541