Loan Portfolio (Tables)

6 Months Ended

Jun. 30, 2024

Loans Receivables [Abstract]

Schedule of Loans by Category

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

Dollars in millions	June 30, 2024		December 31, 2023
Commercial and industrial (b)	$	53,129	$	55,815
Commercial real estate:
Commercial mortgage	14,218		15,187
Construction	3,077		3,066
Total commercial real estate loans	17,295		18,253
Commercial lease financing (c)	3,101		3,523
Total commercial loans	73,525		77,591
Residential — prime loans:
Real estate — residential mortgage	20,380		20,958
Home equity loans	6,729		7,139
Total residential — prime loans	27,109		28,097
Other consumer loans	5,514		5,916
Credit cards	930		1,002
Total consumer loans	33,553		35,015
Total loans (d)	$	107,078	$	112,606

(a)Accrued interest of $502 million and $522 million at June 30, 2024, and December 31, 2023, 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 $217 million and $207 million of commercial credit card balances at June 30, 2024, and December 31, 2023, respectively.

(c)Commercial and industrial includes receivables held as collateral for a secured borrowing of $285 million at June 30, 2024, and no amounts held as collateral for a secured borrowing at December 31, 2023. Commercial lease financing includes receivables held as collateral for a secured borrowing of $5 million and $7 million at June 30, 2024, and December 31, 2023, respectively. Additional information pertaining to this secured borrowing is included in Note 20 (“Long-Term Debt”) beginning on page 169 of our 2023 Form 10-K.

(d)Total loans exclude loans of $291 million at June 30, 2024, and $339 million at December 31, 2023, related to the discontinued operations of the education lending business. These amounts are included within “Discontinued assets” on the Consolidated Balance Sheet.