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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2025
Credit Loss [Abstract]  
Forecasted Key Macroeconomic Variables Used in Estimating Lifetime ECL
The following table presents the forecasted key macroeconomic variables in our Central scenarios used for estimating lifetime ECL:
For the Quarter Ended
June 30, 2026
December 31, 2026
Unemployment rate (quarterly average):
Forecast at December 31, 20254.4 %4.4 %
Forecast at December 31, 20244.3 4.3 
GDP growth rate (year-over-year):
Forecast at December 31, 20251.7 1.9 
Forecast at December 31, 20241.6 1.6 
Summary of Changes in the Allowance for Credit Losses by Product Line The following table summarizes the changes in the allowance for credit losses on loans by product or line of business:
 Commercial LoansConsumer Loans 
Real Estate, including Construction
Business and Corporate Banking(1)
Other
Comm'l		Residential
Mortgages		Other
Consumer		Total Loans
 (in millions)
Year Ended December 31, 2025
Allowance for credit losses – beginning of period
$144 $381 $1 $(12)$23 $537 
Provision charged (credited) to income38 34 — (4)(1)67 
Charge-offs(64)(104)— (1)(8)(177)
Recoveries2 4 — 5 4 15 
Net (charge-offs) recoveries(62)(100)— 4 (4)(162)
Allowance for credit losses – end of period
$120 $315 $1 $(12)$18 $442 
Year Ended December 31, 2024
Allowance for credit losses – beginning of period
$144 $429 $1 $(9)$26 $591 
Provision charged (credited) to income17 11 — (7)1 22 
Charge-offs(17)(61)— — (9)(87)
Recoveries— 2 — 4 5 11 
Net (charge-offs) recoveries(17)(59)— 4 (4)(76)
Allowance for credit losses – end of period
$144 $381 $1 $(12)$23 $537 
Year Ended December 31, 2023
Allowance for credit losses – beginning of period
$200 $350 $1 $11 $22 $584 
Provision charged (credited) to income(56)118 — (19)8 51 
Charge-offs— (48)— (4)(10)(62)
Recoveries— 9 — 3 6 18 
Net (charge-offs) recoveries— (39)— (1)(4)(44)
Allowance for credit losses – end of period
$144 $429 $1 $(9)$26 $591 
(1)In connection with changes to our business segments as discussed further in Note 21, "Business Segments," in 2025, we changed our presentation for what was previously reported as global banking to include such activity within business and corporate banking. As a result, we have reclassified prior year amounts to conform to the current year presentation.
Summary of Changes in the Liability for Off-balance Sheet Credit Exposures
The following table summarizes the changes in the liability for off-balance sheet credit exposures:
Year Ended December 31,202520242023
 (in millions)
Balance at beginning of period$139 $111 $117 
Provision charged (credited) to income27 28 (6)
Balance at end of period$166 $139 $111 
Summary of Accrued Interest Receivables The following table summarizes accrued interest receivables associated with financial assets carried at amortized cost and securities available-for-sale along with the related allowance for credit losses, which are reported net in other assets on the consolidated balance sheet. These accrued interest receivables are excluded from the amortized cost basis disclosures presented elsewhere in these financial statements, including Note 4, "Securities," and Note 5, "Loans."
At December 31,20252024
 (in millions)
Accrued interest receivables:
Loans$222 $249 
Securities held-to-maturity70 67 
Other financial assets measured at amortized cost26 25 
Securities available-for-sale169 117 
Total accrued interest receivables487 458 
Allowance for credit losses — — 
Accrued interest receivables, net$487 $458