OTHER ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Assets

The following is a detail of items that comprised Other assets at September 30, 2020 and December 31, 2019:

(in thousands)	September 30, 2020		December 31, 2019
Operating lease ROU assets	$	576,691	$	656,472
Deferred tax assets	—		503,681
Accrued interest receivable	660,348		545,148
Derivative assets at fair value	1,403,599		555,880
Other repossessed assets	252,778		217,184
Equity method investments	270,990		271,656
MSRs	81,776		132,683
OREO	43,015		66,828
Income tax receivables	236,962		272,699
Prepaid expense	332,688		352,331
Miscellaneous assets and receivables	566,195		629,654
Total other assets	$	4,425,042	$	4,204,216

Maturity of Lease Liabilities

Supplemental balance sheet information related to leases was as follows:

Maturity of Lease Liabilities at September 30, 2020	Total Operating leases
	(in thousands)
2020	$	36,423
2021	132,421
2022	121,301
2023	109,015
2024	95,345
Thereafter	207,511
Total lease liabilities	$	702,016
Less: Interest	(63,824)
Present value of lease liabilities	$	638,192

Operating Lease Term, Rate and Other Information

Supplemental Balance Sheet Information	September 30, 2020			December 31, 2019
Operating lease ROU assets	$	576,691		$	656,472
Other liabilities	638,192			711,666
Weighted-average remaining lease term (years)	6.6			7.1
Weighted-average discount rate	2.9		%	3.1		%

	Nine-Month Period Ended September 30,
Other Information	2020		2019
	(in thousands)
Operating cash flows from operating leases(1)	$	(105,497)	$	(98,110)
Leased assets obtained in exchange for new operating lease liabilities	$	34,921	$	813,090

(1) Activity is included within the net change in other liabilities on the Consolidated SCF.