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Premises, Equipment and Leases (Tables)
 12 Months Ended
Dec. 31, 2022
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, 2022 and 2021.
Table 7.1 Components of Premises and Equipment
(Dollars in millions)December 31, 2022December 31, 2021
Land$320 $336 
Buildings and improvements4,345 3,854 
Furniture and equipment1,831 1,816 
Computer software2,213 2,006 
In progress646 732 
Total premises and equipment, gross9,355 8,744 
Less: Accumulated depreciation and amortization(5,004)(4,534)
Total premises and equipment, net$4,351 $4,210 
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, 2022 and 2021.
Table 7.2 Operating Lease Portfolio
(Dollars in millions)December 31, 2022December 31, 2021
Right-of-use assets$1,128 $1,137 
Lease liabilities1,458 1,485 
Weighted-average remaining lease term8.4 years8 years
Weighted-average discount rate3.1 %3.0 %
Table 7.3 Total Operating Lease Expense and Other Information
Year Ended December 31,
(Dollars in millions)20222021
Operating lease cost$280 $305 
Variable lease cost42 42 
Total lease cost322 347 
Sublease income(16)(23)
Net lease cost$306 $324 
Cash paid for amounts included in the measurement of lease liabilities$320 $353 
Right-of-use assets obtained in exchange for lease liabilities221 81 
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, 2022.
Table 7.4 Maturities of Operating Leases and Reconciliation to Lease Liabilities
(Dollars in millions)December 31, 2022
2023$259 
2024241 
2025210 
2026192 
2027167 
Thereafter623 
Total undiscounted lease payments1,692 
Less: Imputed interest(234)
Total lease liabilities$1,458