Premises and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT

NOTE 7 — PREMISES AND EQUIPMENT

Major classifications of premises and equipment at December 31, 2023 and 2022 are summarized as follows:

dollars in millions	Useful Life (years)	2023		2022
Land	indefinite	$	403	$	352
Premises and leasehold improvements	3 - 30	1,609		1,458
Furniture, equipment and software	3 - 15	1,260		840
Total		3,272		2,650
Less accumulated depreciation and amortization		1,395		1,194
Premises and equipment, net		$	1,877	$	1,456

Depreciation and amortization expense was $225 million, $142 million, and $107 million for the years ended December 31, 2023, 2022 and 2021, respectively