Loan Portfolio

3 Months Ended

Mar. 31, 2021

Loans Receivables [Abstract]

Loan Portfolio

3. Loan Portfolio

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

in millions	March 31, 2021		December 31, 2020
Commercial and industrial (b)	$	52,486	$	52,907
Commercial real estate:
Commercial mortgage	12,702		12,687
Construction	2,122		1,987
Total commercial real estate loans	14,824		14,674
Commercial lease financing (c)	4,104		4,399
Total commercial loans	71,414		71,980
Residential — prime loans:
Real estate — residential mortgage	10,300		9,298
Home equity loans	9,158		9,360
Total residential — prime loans	19,458		18,658
Consumer direct loans	4,862		4,714
Credit cards	909		989
Consumer indirect loans	4,283		4,844
Total consumer loans	29,512		29,205
Total loans (d)	$	100,926	$	101,185

(a)Accrued interest of $242 million and $241 million at March 31, 2021, and December 31, 2020, respectively, presented in "other assets" on the Consolidated Balance Sheets is excluded from the amortized cost basis disclosed in this table.

(b)Loan balances include $126 million and $127 million of commercial credit card balances at March 31, 2021, and December 31, 2020, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $21 million and $23 million at March 31, 2021, and December 31, 2020, respectively. Principal reductions are based on the cash payments received from these related receivables. Additional information pertaining to this secured borrowing is included in Note 20 (“Long-Term Debt”) beginning on page 171 of our 2020 Form 10-K.

(d)Total loans exclude loans of $675 million at March 31, 2021, and $710 million at December 31, 2020, related to the discontinued operations of the education lending business.