Loan Portfolio (Tables)

6 Months Ended

Jun. 30, 2023

Loans Receivables [Abstract]

Schedule of Loans by Category

Dollars in millions	June 30, 2023		December 31, 2022
Commercial and industrial (b)	$	60,059	$	59,647
Commercial real estate:
Commercial mortgage	16,048		16,352
Construction	2,646		2,530
Total commercial real estate loans	18,694		18,882
Commercial lease financing (c)	3,801		3,936
Total commercial loans	82,554		82,465
Residential — prime loans:
Real estate — residential mortgage	21,637		21,401
Home equity loans	7,529		7,951
Total residential — prime loans	29,166		29,352
Consumer direct loans	6,257		6,508
Credit cards	1,001		1,026
Consumer indirect loans	33		43
Total consumer loans	36,457		36,929
Total loans (d)	$	119,011	$	119,394

(a)Accrued interest of $500 million and $417 million at June 30, 2023, and December 31, 2022, respectively, presented in "Accrued income and other assets" on the Consolidated Balance Sheets is excluded from the amortized cost basis disclosed in this table.

(b)Loan balances include $200 million and $172 million of commercial credit card balances at June 30, 2023, and December 31, 2022, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $5 million and $8 million at June 30, 2023, and December 31, 2022, 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 164 of our 2022 Form 10-K.

(d)Total loans exclude loans of $381 million at June 30, 2023, and $434 million at December 31, 2022, related to the discontinued operations of the education lending business.