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Premises, Equipment and Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment and Lease Commitments [Abstract]  
Schedule of Property, Plant and Equipment
The following table presents our premises and equipment as of December 31, 2021 and 2020.
Table 7.1 Components of Premises and Equipment
(Dollars in millions)December 31, 2021December 31, 2020
Land$336 $366 
Buildings and improvements3,854 3,742 
Furniture and equipment1,816 1,973 
Computer software2,006 2,144 
In progress732 768 
Total premises and equipment, gross8,744 8,993 
Less: Accumulated depreciation and amortization(4,534)(4,706)
Total premises and equipment, net$4,210 $4,287 
Schedule of Lease Cost
The following tables present information about our operating lease portfolio and the related lease costs as of and for the years ended December 31, 2021 and 2020.
Table 7.2 Operating Lease Portfolio
(Dollars in millions)December 31, 2021December 31, 2020
Right-of-use assets$1,137 $1,316 
Lease liabilities1,485 1,688 
Weighted-average remaining lease term8 years8.7 years
Weighted-average discount rate3.0 %3.1 %
Table 7.3 Total Operating Lease Expense and Other Information
Year Ended December 31,
(Dollars in millions)20212020
Operating lease cost$305 $315 
Variable lease cost42 43 
Total lease cost347 358 
Sublease income(23)(26)
Net lease cost$324 $332 
Cash paid for amounts included in the measurement of lease liabilities$353 $325 
Right-of-use assets obtained in exchange for lease liabilities81 180 
Schedule of Future Minimum Lease Payments
The following table presents a maturity analysis of our operating leases and a reconciliation of the undiscounted cash flows to our lease liabilities as of December 31, 2021.
Table 7.4 Maturities of Operating Leases and Reconciliation to Lease Liabilities
(Dollars in millions)December 31, 2021
2022$279 
2023256 
2024221 
2025184 
2026166 
Thereafter603 
Total undiscounted lease payments1,709 
Less: Imputed interest(224)
Total lease liabilities$1,485