The PNC Financial Services Group, Inc. (PNC) 10-Q 1 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 16, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-09718
Entity Registrant Name	PNC Financial Services Group, Inc.
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	25-1435979
Entity Address, Address Line One	The Tower at PNC Plaza
Entity Address, Address Line Two	300 Fifth Avenue
Entity Address, City or Town	Pittsburgh
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15222-2401
City Area Code	888
Local Phone Number	762-2265
Title of 12(b) Security	Common Stock, par value $5.00
Trading Symbol	PNC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		396,783,428
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000713676
Current Fiscal Year End Date	--12-31

Consolidated Income Statement

Consolidated Income Statement - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest Income
Loans	$ 4,954	$ 4,643	$ 14,615	$ 13,424
Investment securities	1,097	892	2,981	2,660
Other	771	668	2,294	1,722
Total interest income	6,822	6,203	19,890	17,806
Interest Expense
Deposits	2,230	1,792	6,391	4,614
Borrowed funds	1,182	993	3,523	2,679
Total interest expense	3,412	2,785	9,914	7,293
Net interest income	3,410	3,418	9,976	10,513
Noninterest Income
Asset management and brokerage	383	348	1,111	1,052
Capital markets and advisory	371	168	902	643
Card and cash management	698	689	2,075	2,045
Lending and deposit services	320	315	929	919
Residential and commercial mortgage	181	201	459	476
Other income
Gain on Visa shares exchange program			754
Securities gains (losses)	1		(498)	(2)
Other	68	94	280	483
Total other income	69	94	536	481
Total noninterest income	2,022	1,815	6,012	5,616
Total revenue	5,432	5,233	15,988	16,129
Provision For Credit Losses	243	129	633	510
Noninterest Expense
Personnel	1,869	1,773	5,445	5,445
Occupancy	234	244	714	739
Equipment	357	347	1,054	1,046
Marketing	93	93	250	276
Other	774	788	2,555	2,432
Total noninterest expense	3,327	3,245	10,018	9,938
Income (loss) before income taxes (benefit) and noncontrolling interests	1,862	1,859	5,337	5,681
Income taxes	357	289	1,011	917
Net income	1,505	1,570	4,326	4,764
Less: Net income attributable to noncontrolling interests	15	16	47	50
Preferred stock dividends	82	104	258	299
Preferred stock discount accretion and redemptions	2	2	6	6
Net income attributable to common shareholders	$ 1,406	$ 1,448	$ 4,015	$ 4,409
Earnings Per Common Share
Basic (in dollars per share)	$ 3.50	$ 3.60	$ 9.99	$ 10.95
Diluted (in dollars per share)	$ 3.49	$ 3.60	$ 9.98	$ 10.94
Average Common Shares Outstanding
Basic (in shares)	399	400	400	401
Diluted (in shares)	400	400	400	401

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 1,505	$ 1,570	$ 4,326	$ 4,764
Other comprehensive income (loss), before tax and net of reclassifications into Net income
Net change in debt securities	1,621	(932)	1,917	(304)
Net change in cash flow hedge derivatives	1,475	(35)	1,533	176
Pension and other postretirement benefit plan adjustments		1	(1)	(3)
Net change in Other	(1)	1	(3)	8
Other comprehensive income (loss), before tax and net of reclassifications into Net income	3,095	(965)	3,446	(123)
Income tax benefit (expense) related to items of other comprehensive income	(739)	229	(824)	34
Other comprehensive income (loss), after tax and net of reclassifications into Net income	2,356	(736)	2,622	(89)
Comprehensive income	3,861	834	6,948	4,675
Less: Comprehensive income attributable to noncontrolling interests	15	16	47	50
Comprehensive income attributable to PNC	$ 3,846	$ 818	$ 6,901	$ 4,625

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks		$ 6,162	$ 6,921
Interest-earning deposits with banks		35,024	43,804
Loans held for sale	[1]	750	734
Investment securities – available for sale		60,338	41,785
Investment securities – held to maturity		83,845	90,784
Loans	[1]	321,381	321,508
Allowance for loan and lease losses		(4,589)	(4,791)
Net loans		316,792	316,717
Equity investments		9,217	8,314
Mortgage servicing rights		3,503	3,686
Goodwill		10,932	10,932
Other	[1]	38,318	37,903
Total assets		564,881	561,580
Deposits
Noninterest-bearing		94,588	101,285
Interest-bearing		329,378	320,133
Total deposits		423,966	421,418
Borrowed funds
Federal Home Loan Bank borrowings		28,000	38,000
Senior debt		32,492	26,836
Subordinated debt		4,196	4,875
Other	[2]	3,381	3,026
Total borrowed funds		68,069	72,737
Allowance for unfunded lending related commitments		725	663
Accrued expenses and other liabilities	[2]	16,392	15,621
Total liabilities		509,152	510,439
Equity
Preferred stock	[3]
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,225,979 and 543,116,271 shares)		2,716	2,716
Capital surplus		19,150	19,020
Retained earnings		58,412	56,290
Accumulated other comprehensive income (loss)		(5,090)	(7,712)
Common stock held in treasury at cost: 146,306,706 and 145,087,054 shares		(19,499)	(19,209)
Total shareholders’ equity		55,689	51,105
Noncontrolling interests		40	36
Total equity		55,729	51,141
Total liabilities and equity		$ 564,881	$ 561,580
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively. Our consolidated liabilities included the following for which we have elected the fair value option: Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were less than $0.1 billion and $0.1 billion, respectively. Par value less than $0.5 million at each date.

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Common stock, par value (in dollars per share)	$ 5	$ 5
Common stock, authorized (shares)	800,000,000	800,000,000
Common stock, issued (shares)	543,225,979	543,116,271
Common stock held in treasury at cost (shares)	146,306,706	145,087,054
Other borrowed funds, fair value (less than)	$ 100	$ 100
Other liabilities	100	100
Preferred stock, par value	0.5	0.5
Fair Value
Loans held for sale, fair value	700	700
Loans, fair value	1,200	1,200
Other assets, fair value	$ 100	$ 100

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Operating Activities
Net income		$ 4,326	$ 4,764
Adjustments to reconcile net income to net cash provided (used) by operating activities
Provision For Credit Losses		633	510
Depreciation, amortization and accretion		95	174
Deferred income taxes (benefit)		(89)	(119)
Net losses on sales of securities		498	2
Changes in fair value of mortgage servicing rights		297	(63)
Gain on Visa shares exchange program		(754)
Net change in
Trading securities and other short-term investments		(246)	(506)
Loans held for sale and related securitization activity		(18)	40
Other assets		1,438	(1,899)
Accrued expenses and other liabilities		(563)	1,304
Other operating activities, net		463	1,040
Net cash provided (used) by operating activities		6,080	5,247
Sales
Securities available for sale		4,309	(93)
Loans		375	812
Repayments/maturities
Securities available for sale		5,049	5,524
Securities held to maturity		8,633	5,592
Purchases
Securities available for sale		(25,501)	(2,791)
Securities held to maturity		(1,028)	(1,664)
Loans		(1,595)	(588)
Net change in
Federal funds sold and resale agreements		(606)	417
Loans		584	6,230
Other investing activities, net		(587)	(989)
Net cash provided (used) by investing activities		(10,367)	12,450
Net change in
Noninterest-bearing deposits		(6,638)	(18,823)
Interest-bearing deposits		9,245	6,141
Federal funds purchased and repurchase agreements		(111)	231
Other borrowed funds		504	(272)
Sales/issuances
Federal Home Loan Bank borrowings			4,000
Senior debt		6,729	6,977
Other borrowed funds		520	619
Preferred stock			1,484
Common and treasury stock		60	62
Repayments/maturities
Federal Home Loan Bank borrowings		(10,000)	(75)
Senior debt		(1,650)	(750)
Subordinated debt		(750)	(1,500)
Other borrowed funds		(544)	(635)
Acquisition of treasury stock		(466)	(599)
Preferred stock cash dividends paid		(258)	(299)
Common stock cash dividends paid		(1,893)	(1,837)
Net cash provided (used) by financing activities		(5,252)	(5,276)
Net Increase (Decrease) In Cash, Cash Equivalents And Restricted Cash	[1]	(9,539)	12,421
Cash, cash equivalents and restricted cash at beginning of period		50,725	34,363
Cash, cash equivalents and restricted cash at end of period		41,186	46,784
Cash, Cash Equivalents And Restricted Cash
Cash and cash equivalents at end of period (unrestricted cash)		40,302	46,266
Restricted cash		884	518
Cash, cash equivalents and restricted cash at end of period		41,186	46,784
Supplemental Disclosures
Interest paid		9,586	6,273
Income taxes paid		332	945
Income taxes refunded		44	830
Leased assets obtained in exchange for new operating lease liabilities		182	148
Non-cash Investing And Financing Items
Transfer from loans to loans held for sale, net		85	349
Transfer from loans to foreclosed assets		31	44
Adjustment to assets and liabilities related to partially financed investment exits			$ 834
[1] In the second quarter of 2024, we updated our policy for cash and cash equivalents to include interest-earning deposits with banks. See Note 1 Accounting Policies for additional information regarding this change to our cash and cash equivalents policy.

Accounting Policies

Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Accounting Policies	B USINESS PNC is one of the largest diversified financial services companies in the U.S. and is headquartered in Pittsburgh, Pennsylvania. CCOUNTING P OLICIES Basis of Financial Statement Presentation Our consolidated financial statements include the accounts of the parent company and its subsidiaries, most of which are wholly-owned, certain partnership interests and VIEs. We prepared these consolidated financial statements in accordance with GAAP. We have eliminated intercompany accounts and transactions. We have also reclassified certain prior-year amounts to conform to the current period presentation, which did not have a material impact on our consolidated financial condition or results of operations. Effective for the second quarter of 2024, we updated our policy to classify Interest-earning deposits with banks as Cash and cash equivalents on the Consolidated Statement of Cash Flows when reconciling Cash and due from banks and restricted cash. In our opinion, the unaudited interim consolidated financial statements reflect all normal, recurring adjustments needed to state fairly our results for the interim periods. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. We have also considered the impact of subsequent events on these consolidated financial statements through the date of issuance of the consolidated financials. When preparing these unaudited interim consolidated financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2023 Form 10-K. Reference is made to Note 1 Accounting Policies in our 2023 Form 10-K for a detailed description of significant accounting policies. These interim consolidated financial statements serve to update our 2023 Form 10-K and may not include all information and Notes necessary to constitute a complete set of financial statements. Use of Estimates We prepared these consolidated financial statements using financial information available at the time of preparation, which requires us to make estimates and assumptions that affect the amounts reported. Our most significant estimates pertain to the ACL and our fair value measurements. Actual results may differ from the estimates, and the differences may be material to the consolidated financial statements. Cash, Cash Equivalents and Restricted Cash Cash and due from banks are considered cash and cash equivalents for financial reporting purposes because they represent a source of liquidity. Certain cash balances within Cash and due from banks on our Consolidated Balance Sheet are restricted as to withdrawal or usage by legally binding contractual agreements or regulatory requirements. Effective for the second quarter of 2024, we updated our policy to classify Interest-earning deposits with banks as Cash and cash equivalents on the Consolidated Statement of Cash Flows when reconciling Cash and due from banks and restricted cash. We believe this presentation enhances the usefulness of financial reporting because management views these funds as a source of liquidity for future transactions, while enhancing comparability to align with industry practice. There is no impact to our Consolidated Income Statement (including EPS), Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, or Consolidated Statement of Changes in Equity. All periods presented herein reflect this change. To reflect the change in accounting policy, we adjusted the Consolidated Statement of Cash Flows for the nine months ended September 30, 2023. This included an adjustment of $14.2 billion from Net cash provided (used) by investing activities to Net increase (decrease) in cash, cash equivalents and restricted cash at end of period. The $14.2 billion was comprised of $14.2 billion reported in Net change in Interest-earning deposits with banks and less than $(0.1) billion reported in Other investing activities, net. Additionally, we included $27.3 billion of Interest-earning deposits with banks in Cash, cash equivalents and restricted cash at beginning of period, and $41.5 billion of Interest-earning deposits with banks in Cash, cash equivalents and restricted cash at end of period. Recently Adopted Accounting Standards

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investment Securities	I NVESTMENT S ECURITIES Table 35: Investment Securities Summary (a)(b) September 30, 2024 December 31, 2023 In millions Amortized Unrealized Fair Amortized Unrealized Fair Gains Losses Gains Losses Securities Available for Sale U.S. Treasury and government agencies $ 22,955 $ 106 $ (422) $ 22,639 $ 7,596 $ 22 $ (667) $ 6,951 Residential mortgage-backed Agency 31,666 126 (2,131) 29,661 30,643 46 (2,809) 27,880 Non-agency 517 116 (5) 628 585 118 (7) 696 Commercial mortgage-backed Agency 1,980 5 (93) 1,892 1,680 1 (135) 1,546 Non-agency 752 (18) 734 913 1 (45) 869 Asset-backed 2,229 61 (1) 2,289 1,092 25 (1) 1,116 Other 2,551 44 (100) 2,495 2,844 44 (161) 2,727 Total securities available for sale $ 62,650 $ 458 $ (2,770) $ 60,338 $ 45,353 $ 257 $ (3,825) $ 41,785 Securities Held to Maturity U.S. Treasury and government agencies $ 33,824 $ 24 $ (602) $ 33,246 $ 36,529 $ 9 $ (1,141) $ 35,397 Residential mortgage-backed Agency 40,983 179 (2,090) 39,072 42,686 92 (2,733) 40,045 Non-agency 245 (10) 235 259 (17) 242 Commercial mortgage-backed Agency 972 17 (12) 977 939 9 (23) 925 Non-agency 1,006 3 (10) 999 1,373 2 (27) 1,348 Asset-backed 4,006 45 (11) 4,040 5,890 17 (39) 5,868 Other 2,809 44 (24) 2,829 3,108 50 (35) 3,123 Total securities held to maturity (d) $ 83,845 $ 312 $ (2,759) $ 81,398 $ 90,784 $ 179 $ (4,015) $ 86,948 (a) At September 30, 2024, the accrued interest associated with our held to maturity and available for sale portfolios totaled $234 million and $247 million, respectively. The comparable amounts at December 31, 2023 were $281 million and $144 million, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (b) Credit ratings represent a primary credit quality indicator used to monitor and manage credit risk. Of our total securities portfolio, 97% were rated AAA/AA at both September 30, 2024 and December 31, 2023. (c) Amortized cost is presented net of allowance of $88 million for securities available for sale, primarily related to non-agency commercial mortgage-backed securities, and $5 million for securities held to maturity at September 30, 2024. The comparable amounts at December 31, 2023 were $86 million and $6 million, respectively. (d) Held to maturity securities transferred from available for sale are included in held to maturity at fair value at the time of the transfer. The amortized cost of held to maturity securities included net unrealized losses of $3.6 billion at September 30, 2024 related to securities transferred, which are offset in AOCI, net of tax. The comparable amount at December 31, 2023 was $4.2 billion. The fair value of investment securities is impacted by interest rates, credit spreads, market volatility and liquidity conditions. Securities available for sale are carried at fair value with net unrealized gains and losses included in Total shareholders’ equity as AOCI, unless credit-related. Net unrealized gains and losses are determined by taking the difference between the fair value of a security and its amortized cost, net of any allowance. Securities held to maturity are carried at amortized cost, net of any allowance. Investment securities at September 30, 2024 included $952 million of net unsettled purchases that represent non-cash investing activity, and accordingly, are not reflected on the Consolidated Statement of Cash Flows. The comparable amount for September 30, 2023 was $28 million of net unsettled purchases. We maintain the allowance for investment securities at levels that we believe to be appropriate as of the balance sheet date to absorb expected credit losses on our portfolio. At September 30, 2024, the allowance for investment securities was $93 million and primarily related to non-agency commercial mortgage-backed securities in the available for sale portfolio. The comparable amount at December 31, 2023 was $92 million. See Note 1 Accounting Policies in our 2023 Form 10-K for a discussion of the methodologies used to determine the allowance for investment securities. At September 30, 2024, AOCI included pretax losses of $280 million from derivatives that hedged the purchase of investment securities classified as held to maturity. The losses will be accreted to interest income as an adjustment of yield on the securities. Table 36 presents the gross unrealized losses and fair value of securities available for sale that do not have an associated allowance for investment securities at September 30, 2024 and December 31, 2023. These securities are segregated between investments that had been in a continuous unrealized loss position for less than twelve months and twelve months or more, based on the point in time that the fair value declined below the amortized cost basis. All securities included in the table have been evaluated to determine if a credit loss exists. As part of that assessment, as of September 30, 2024, we concluded that we do not intend to sell and believe we will not be required to sell these securities prior to recovery of the amortized cost basis. Table 36: Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses Unrealized loss position Unrealized loss position Total In millions Unrealized Fair Unrealized Fair Unrealized Fair September 30, 2024 U.S. Treasury and government agencies $ (37) $ 11,531 $ (385) $ 1,962 $ (422) $ 13,493 Residential mortgage-backed Agency (1) 577 (2,130) 21,064 (2,131) 21,641 Non-agency (3) 52 (3) 52 Commercial mortgage-backed Agency (1) 240 (92) 1,432 (93) 1,672 Non-agency (18) 600 (18) 600 Asset-backed (1) 8 (1) 8 Other (80) 1,790 (80) 1,790 Total securities available for sale $ (39) $ 12,348 $ (2,709) $ 26,908 $ (2,748) $ 39,256 December 31, 2023 U.S. Treasury and government agencies $ (666) $ 6,035 $ (666) $ 6,035 Residential mortgage-backed Agency $ (4) $ 1,015 (2,805) 24,306 (2,809) 25,321 Non-agency (1) 15 (4) 84 (5) 99 Commercial mortgage-backed Agency (135) 1,495 (135) 1,495 Non-agency (45) 731 (45) 731 Asset-backed (1) 9 (1) 9 Other (3) 78 (136) 2,106 (139) 2,184 Total securities available for sale $ (8) $ 1,108 $ (3,792) $ 34,766 $ (3,800) $ 35,874 Information related to gross realized securities gains and losses from the sales of securities is set forth in the following table: Table 37: Gains (Losses) on Sales of Securities Available for Sale Nine months ended September 30 In millions Gross Gains Gross Losses Net Gains (Losses) Tax Expense (Benefit) 2024 $ 2 $ (500) $ (498) $ (105) 2023 $ (2) $ (2) The following table presents, by remaining contractual maturity, the amortized cost, fair value and weighted-average yield of debt securities at September 30, 2024: Table 38: Contractual Maturity of Debt Securities September 30, 2024 1 Year or Less After 1 Year After 5 Years After 10 Total Securities Available for Sale U.S. Treasury and government agencies $ 507 $ 8,700 $ 11,291 $ 2,457 $ 22,955 Residential mortgage-backed Agency 1 218 3,323 28,124 31,666 Non-agency 17 500 517 Commercial mortgage-backed Agency 72 953 626 329 1,980 Non-agency 1 103 86 562 752 Asset-backed 750 318 1,161 2,229 Other 375 1,753 283 140 2,551 Total securities available for sale at amortized cost $ 956 $ 12,477 $ 15,944 $ 33,273 $ 62,650 Fair value $ 953 $ 12,432 $ 15,760 $ 31,193 $ 60,338 Weighted-average yield, GAAP basis (a) 3.34 % 3.61 % 4.15 % 3.59 % 3.73 % Securities Held to Maturity U.S. Treasury and government agencies $ 10,401 $ 20,906 $ 1,640 $ 877 $ 33,824 Residential mortgage-backed Agency 8 295 40,680 40,983 Non-agency 245 245 Commercial mortgage-backed Agency 180 582 210 972 Non-agency 46 960 1,006 Asset-backed 17 1,081 1,716 1,192 4,006 Other 325 829 371 1,284 2,809 Total securities held to maturity at amortized cost $ 10,743 $ 23,050 $ 4,604 $ 45,448 $ 83,845 Fair value $ 10,690 $ 22,663 $ 4,532 $ 43,513 $ 81,398 Weighted-average yield, GAAP basis (a) 1.30 % 1.51 % 3.51 % 2.95 % 2.37 % (a) Weighted-average yields are based on amortized cost with effective yields weighted for the contractual maturity of each security. Actual maturities and yields may differ as certain securities may be prepaid. At September 30, 2024, there were no securities of a single issuer, other than FNMA and FHLMC, that exceeded 10% of total shareholders’ equity. The FNMA and FHLMC investments had a total amortized cost of $35.9 billion and $32.4 billion, and fair value of $34.0 billion and $31.0 billion, respectively. The following table presents the fair value of securities that have been either pledged to or accepted from others to collateralize outstanding borrowings: Table 39: Fair Value of Securities Pledged and Accepted as Collateral In millions September 30, 2024 December 31, 2023 Pledged to others $ 71,329 $ 29,878 Accepted from others: Permitted by contract or custom to sell or repledge $ 1,454 $ 755 Permitted amount repledged to others $ 1,454 $ 755

Loans and Related Allowance for

Loans and Related Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Loans and Related Allowance for Credit Losses	L OANS A ND R ELATED A LLOWANCE F OR C REDIT L OSSES Loan Portfolio Our loan portfolio consists of two portfolio segments – Commercial and Consumer. Each of these segments comprises multiple loan classes. Classes are characterized by similarities in risk attributes and the manner in which we monitor and assess credit risk. Commercial Consumer • Commercial and industrial • Residential real estate • Commercial real estate • Home equity • Equipment lease financing • Automobile • Credit card • Education • Other consumer See Note 1 Accounting Policies in our 2023 Form 10-K for additional information on our loan related policies. Credit Quality We closely monitor economic conditions and loan performance trends to manage and evaluate our exposure to credit risk within the loan portfolio based on our defined loan classes. In doing so, we use several credit quality indicators, including, but not limited to, trends in delinquency rates, nonperforming status, analyses of PD and LGD ratings, updated credit scores and originated and updated LTV ratios. We manage credit risk based on the risk profile of the borrower, repayment sources, underlying collateral and other support given current events, economic conditions and expectations. We refine our practices to address operating environment changes such as inflation levels, industry specific risks, interest rate levels, the level of consumer savings and deposit balances, and structural and secular changes such as those arising from the pandemic. To mitigate losses and enhance customer support, we offer loan modifications and collection programs to assist our customers. Table 40 presents the composition and delinquency status of our loan portfolio at September 30, 2024 and December 31, 2023. Loan delinquencies include government insured or guaranteed loans and loans accounted for under the fair value option. Table 40: Analysis of Loan Portfolio (a) (b) Accruing Dollars in millions Current or Less 30-59 60-89 90 Days Total Nonperforming Fair Value Total Loans September 30, 2024 Commercial Commercial and industrial $ 177,926 $ 106 $ 40 $ 97 $ 243 $ 722 $ 178,891 Commercial real estate 34,102 9 9 993 35,104 Equipment lease financing 6,678 22 12 34 14 6,726 Total commercial 218,706 137 52 97 286 1,729 220,721 Consumer Residential real estate 45,719 238 85 179 502 (c) 265 $ 486 46,972 Home equity 25,341 65 27 92 473 64 25,970 Automobile 14,937 81 21 6 108 90 15,135 Credit card 6,639 55 39 79 173 15 6,827 Education 1,611 26 16 40 82 (c) 1,693 Other consumer 4,025 12 12 8 32 6 4,063 Total consumer 98,272 477 200 312 989 849 550 100,660 Total $ 316,978 $ 614 $ 252 $ 409 $ 1,275 $ 2,578 $ 550 $ 321,381 Percentage of total loans 98.63 % 0.19 % 0.08 % 0.13 % 0.40 % 0.80 % 0.17 % 100.00 % December 31, 2023 Commercial Commercial and industrial $ 176,796 $ 104 $ 45 $ 76 $ 225 $ 559 $ 177,580 Commercial real estate 34,685 7 9 16 735 35,436 Equipment lease financing 6,480 41 8 49 13 6,542 Total commercial 217,961 152 53 85 290 1,307 219,558 Consumer Residential real estate 46,159 282 101 192 575 (c) 294 $ 516 47,544 Home equity 25,533 63 27 90 458 69 26,150 Automobile 14,638 91 20 7 118 104 14,860 Credit card 6,991 54 39 86 179 10 7,180 Education 1,850 27 19 49 95 (c) 1,945 Other consumer 4,227 16 11 10 37 7 4,271 Total consumer 99,398 533 217 344 1,094 873 585 101,950 Total $ 317,359 $ 685 $ 270 $ 429 $ 1,384 $ 2,180 $ 585 $ 321,508 Percentage of total loans 98.71 % 0.21 % 0.08 % 0.13 % 0.43 % 0.68 % 0.18 % 100.00 % (a) Amounts in table represent loans held for investment and do not include any associated ALLL. (b) The accrued interest associated with our loan portfolio totaled $1.4 billion and $1.5 billion at September 30, 2024 and December 31, 2023, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (c) Past due loan amounts include government insured or guaranteed residential real estate loans and education loans totaling $0.2 billion and $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.3 billion and $0.1 billion, respectively. (d) Consumer loans accounted for under the fair value option for which we do not expect to collect substantially all principal and interest are subject to nonaccrual accounting and classification upon meeting any of our nonaccrual policy criteria. Given that these loans are not accounted for at amortized cost, they have been excluded from the nonperforming loan population. (e) Includes unearned income, unamortized deferred fees and costs on originated loans and premiums or discounts on purchased loans totaling $0.9 billion and $1.0 billion at September 30, 2024 and December 31, 2023, respectively. (f) Collateral dependent loans totaled $1.9 billion and $1.4 billion at September 30, 2024 and December 31, 2023, respectively. At September 30, 2024, we pledged unpaid principal balances in the amounts of $46.2 billion of commercial and other loans to the Federal Reserve Bank and $89.7 billion of residential real estate and other loans to the FHLB as collateral for the ability to borrow, if necessary. The comparable amounts at December 31, 2023 were $51.3 billion and $89.5 billion, respectively. Nonperforming Assets Nonperforming assets include nonperforming loans and leases, OREO and foreclosed assets. Nonperforming loans are those loans accounted for at amortized cost whose credit quality has deteriorated to the extent that full collection of contractual principal and interest is not probable. Interest income is not recognized on these loans. Loans accounted for under the fair value option are reported as performing loans; however, when nonaccrual criteria is met, interest income is not recognized on these loans. Additionally, certain government insured or guaranteed loans for which we expect to collect substantially all principal and interest are not reported as nonperforming loans and continue to accrue interest. See Note 1 Accounting Policies in our 2023 Form 10-K for additional information on our nonperforming loan and lease policies. The following table presents our nonperforming assets as of September 30, 2024 and December 31, 2023: Table 41: Nonperforming Assets Dollars in millions September 30, 2024 December 31, 2023 Nonperforming loans Commercial $ 1,729 $ 1,307 Consumer (a) 849 873 Total nonperforming loans (b) 2,578 2,180 OREO and foreclosed assets 31 36 Total nonperforming assets $ 2,609 $ 2,216 Nonperforming loans to total loans 0.80 % 0.68 % Nonperforming assets to total loans, OREO and foreclosed assets 0.81 % 0.69 % Nonperforming assets to total assets 0.46 % 0.39 % (a) Excludes most unsecured consumer loans and lines of credit, which are charged off after 120 to 180 days past due and are not placed on nonperforming status. (b) Nonperforming loans for which there is no related ALLL totaled $0.6 billion and $0.5 billion at September 30, 2024 and December 31, 2023, respectively. This primarily includes loans with a fair value of collateral that exceeds the amortized cost basis. Additional Credit Quality Indicators by Loan Class Commercial Loan Classes See Note 3 Loans and Related Allowance for Credit Losses in our 2023 Form 10-K for additional information related to these loan classes, including discussion around the credit quality indicators that we use to monitor and manage the credit risk associated with each loan class. The following table presents credit quality indicators for our commercial loan classes: Table 42: Commercial Credit Quality Indicators (a) Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 16,786 $ 16,119 $ 18,362 $ 5,682 $ 4,954 $ 12,864 $ 92,692 $ 600 $ 168,059 Criticized 484 1,079 2,257 726 166 726 5,330 64 10,832 Total commercial and industrial loans 17,270 17,198 20,619 6,408 5,120 13,590 98,022 664 178,891 Gross charge-offs (b) 16 (c) 23 43 22 4 4 86 52 250 Commercial real estate Pass Rated 1,717 5,419 7,664 2,514 1,763 10,273 390 9 29,749 Criticized 98 253 1,901 498 453 2,082 19 51 5,355 Total commercial real estate loans 1,815 5,672 9,565 3,012 2,216 12,355 409 60 35,104 Gross charge-offs (b) 5 2 1 263 271 Equipment lease financing Pass Rated 1,267 1,318 1,206 544 538 1,496 6,369 Criticized 46 105 82 61 27 36 357 Total equipment lease financing loans 1,313 1,423 1,288 605 565 1,532 6,726 Gross charge-offs (b) 5 8 4 3 5 25 Total commercial loans $ 20,398 $ 24,293 $ 31,472 $ 10,025 $ 7,901 $ 27,477 $ 98,431 $ 724 $ 220,721 Total commercial gross charge-offs $ 16 $ 33 $ 51 $ 28 $ 8 $ 272 $ 86 $ 52 $ 546 Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 23,019 $ 26,657 $ 7,562 $ 5,783 $ 4,110 $ 11,982 $ 88,467 $ 573 $ 168,153 Criticized 838 1,781 739 331 281 698 4,708 51 9,427 Total commercial and industrial loans 23,857 28,438 8,301 6,114 4,391 12,680 93,175 624 177,580 Gross charge-offs (b) 25 (c) 32 33 8 3 26 105 12 244 Commercial real estate Pass Rated 4,182 8,571 2,986 2,190 4,887 7,411 383 30,610 Criticized 155 1,300 455 490 622 1,753 51 4,826 Total commercial real estate loans 4,337 9,871 3,441 2,680 5,509 9,164 434 35,436 Gross charge-offs (b) 12 31 137 180 Equipment lease financing Pass Rated 1,522 1,424 689 690 452 1,378 6,155 Criticized 90 81 81 51 35 49 387 Total equipment lease financing loans 1,612 1,505 770 741 487 1,427 6,542 Gross charge-offs (b) 4 4 4 4 1 1 18 Total commercial loans $ 29,806 $ 39,814 $ 12,512 $ 9,535 $ 10,387 $ 23,271 $ 93,609 $ 624 $ 219,558 Total commercial gross charge-offs $ 29 $ 36 $ 37 $ 24 $ 35 $ 164 $ 105 $ 12 $ 442 (a) Loans in our commercial portfolio are classified as Pass Rated or Criticized based on the regulatory definitions, which are driven by the PD and LGD ratings that we assign. The Criticized classification includes loans that were rated special mention, substandard or doubtful as of September 30, 2024 and December 31, 2023. (b) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (c) Includes charge-offs of deposit overdrafts. Consumer Loan Classes See Note 3 Loans and Related Allowance for Credit Losses in our 2023 Form 10-K for additional information related to these loan classes, including discussion around the credit quality indicators that we use to monitor and manage the credit risk associated with each loan class. Residential Real Estate and Home Equity The following table presents credit quality indicators for our residential real estate and home equity loan classes: Table 43: Credit Quality Indicators for Residential Real Estate and Home Equity Loan Classes Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 5 $ 68 $ 113 $ 59 $ 23 $ 31 $ 299 Greater than or equal to 80% to 100% 608 633 963 581 176 134 3,095 Less than 80% 1,582 4,084 8,551 14,187 6,206 8,294 42,904 No LTV available 36 11 3 50 Government insured or guaranteed loans 17 22 16 67 502 624 Total residential real estate loans $ 2,195 $ 4,838 $ 9,649 $ 14,854 $ 6,472 $ 8,964 $ 46,972 Updated FICO scores Greater than or equal to 780 $ 1,302 $ 3,337 $ 7,639 $ 11,832 $ 4,726 $ 5,042 $ 33,878 720 to 779 775 960 1,484 2,152 1,081 1,609 8,061 660 to 719 114 273 411 618 342 816 2,574 Less than 660 3 116 85 148 102 703 1,157 No FICO score available 1 135 8 88 154 292 678 Government insured or guaranteed loans 17 22 16 67 502 624 Total residential real estate loans $ 2,195 $ 4,838 $ 9,649 $ 14,854 $ 6,472 $ 8,964 $ 46,972 Gross charge-offs (a) $ 2 $ 2 Home equity (b) Current estimated LTV ratios Greater than 100% $ 1 $ 12 $ 15 $ 333 $ 328 $ 689 Greater than or equal to 80% to 100% 5 32 30 1,042 1,552 2,661 Less than 80% 145 1,720 2,958 6,922 10,875 22,620 Total home equity loans $ 151 $ 1,764 $ 3,003 $ 8,297 $ 12,755 $ 25,970 Updated FICO scores Greater than or equal to 780 $ 96 $ 1,177 $ 1,845 $ 4,626 $ 6,203 $ 13,947 720 to 779 37 368 606 2,225 3,265 6,501 660 to 719 15 157 302 1,198 2,039 3,711 Less than 660 3 60 243 241 1,202 1,749 No FICO score available 2 7 7 46 62 Total home equity loans $ 151 $ 1,764 $ 3,003 $ 8,297 $ 12,755 $ 25,970 Gross charge-offs (a) $ 1 $ 13 $ 13 $ 27 (Continued from previous page) Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 15 $ 139 $ 79 $ 31 $ 10 $ 28 $ 302 Greater than or equal to 80% to 100% 1,665 1,928 955 221 69 92 4,930 Less than 80% 3,585 7,977 14,421 6,514 2,154 6,935 41,586 No LTV available 56 13 4 73 Government insured or guaranteed loans 14 20 16 66 37 500 653 Total residential real estate loans $ 5,335 $ 10,064 $ 15,484 $ 6,832 $ 2,270 $ 7,559 $ 47,544 Updated FICO scores Greater than or equal to 780 $ 3,206 $ 7,797 $ 12,197 $ 5,035 $ 1,492 $ 4,004 $ 33,731 720 to 779 1,482 1,659 2,389 1,107 432 1,388 8,457 660 to 719 400 508 657 334 171 721 2,791 Less than 660 93 71 133 122 82 680 1,181 No FICO score available 140 9 92 168 56 266 731 Government insured or guaranteed loans 14 20 16 66 37 500 653 Total residential real estate loans $ 5,335 $ 10,064 $ 15,484 $ 6,832 $ 2,270 $ 7,559 $ 47,544 Gross charge-offs (a) $ 2 $ 1 $ 1 $ 4 $ 8 Home equity (b) Current estimated LTV ratios Greater than 100% $ 1 $ 12 $ 6 $ 14 $ 306 $ 309 $ 648 Greater than or equal to 80% to 100% 4 40 17 22 1,116 1,743 2,942 Less than 80% 157 1,866 845 2,556 6,843 10,293 22,560 Total home equity loans $ 162 $ 1,918 $ 868 $ 2,592 $ 8,265 $ 12,345 $ 26,150 Updated FICO scores Greater than or equal to 780 $ 102 $ 1,254 $ 489 $ 1,605 $ 4,604 $ 6,083 $ 14,137 720 to 779 38 423 216 488 2,222 3,225 6,612 660 to 719 17 174 110 271 1,207 1,894 3,673 Less than 660 5 65 52 220 223 1,089 1,654 No FICO score available 2 1 8 9 54 74 Total home equity loans $ 162 $ 1,918 $ 868 $ 2,592 $ 8,265 $ 12,345 $ 26,150 Gross charge-offs (a) $ 4 $ 7 $ 10 $ 21 (a) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (b) Beginning January 1, 2022, new originations consist of only revolving Home Equity Lines of Credit. Automobile, Credit Card, Education and Other Consumer The following table presents credit quality indicators for our automobile, credit card, education and other consumer loan classes: Table 44: Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO scores Greater than or equal to 780 $ 2,590 $ 1,901 $ 1,227 $ 1,010 $ 304 $ 181 $ 7,213 720 to 779 1,533 1,309 747 494 164 132 4,379 660 to 719 720 756 417 266 104 106 2,369 Less than 660 145 354 238 188 101 148 1,174 Total automobile loans $ 4,988 $ 4,320 $ 2,629 $ 1,958 $ 673 $ 567 $ 15,135 Gross charge-offs (a) $ 4 $ 33 $ 21 $ 13 $ 9 $ 18 $ 98 Credit card Updated FICO scores Greater than or equal to 780 $ 2,000 $ 1 $ 2,001 720 to 779 1,864 5 1,869 660 to 719 1,836 15 1,851 Less than 660 946 55 1,001 No FICO score available or required (b) 102 3 105 Total credit card loans $ 6,748 $ 79 $ 6,827 Gross charge-offs (a) $ 240 $ 28 $ 268 Education Updated FICO scores Greater than or equal to 780 $ 10 $ 61 $ 83 $ 41 $ 34 $ 332 $ 561 720 to 779 14 39 40 21 15 123 252 660 to 719 10 15 15 6 5 51 102 Less than 660 2 3 4 1 1 21 32 No FICO score available or required (b) 13 6 4 3 1 1 28 Total loans using FICO credit metric 49 124 146 72 56 528 975 Other internal credit metrics 718 718 Total education loans $ 49 $ 124 $ 146 $ 72 $ 56 $ 1,246 $ 1,693 Gross charge-offs (a) $ 1 $ 1 $ 1 $ 10 $ 13 Other consumer Updated FICO scores Greater than or equal to 780 $ 189 $ 157 $ 75 $ 24 $ 8 $ 8 $ 37 $ 1 $ 499 720 to 779 232 171 89 28 10 9 74 1 614 660 to 719 163 105 87 29 11 9 80 1 485 Less than 660 9 33 39 18 8 7 41 1 156 Total loans using FICO credit metric 593 466 290 99 37 33 232 4 1,754 Other internal credit metrics 6 10 93 14 12 92 2,071 11 2,309 Total other consumer loans $ 599 $ 476 $ 383 $ 113 $ 49 $ 125 $ 2,303 $ 15 $ 4,063 Gross charge-offs (a) $ 55 (c) $ 19 $ 19 $ 11 $ 6 $ 8 $ 8 $ 1 $ 127 (Continued from previous page) Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO Scores Greater than or equal to 780 $ 2,722 $ 1,650 $ 1,483 $ 535 $ 368 $ 88 $ 6,846 720 to 779 1,797 1,104 778 301 250 80 4,310 660 to 719 1,014 604 408 186 186 70 2,468 Less than 660 264 272 243 152 200 105 1,236 Total automobile loans $ 5,797 $ 3,630 $ 2,912 $ 1,174 $ 1,004 $ 343 $ 14,860 Gross charge-offs (a) $ 8 $ 24 $ 22 $ 17 $ 30 $ 20 $ 121 Credit card Updated FICO scores Greater than or equal to 780 $ 2,017 $ 1 $ 2,018 720 to 779 1,976 4 1,980 660 to 719 1,979 13 1,992 Less than 660 1,036 48 1,084 No FICO score available or required (b) 103 3 106 Total credit card loans $ 7,111 $ 69 $ 7,180 Gross charge-offs (a) $ 290 $ 29 $ 319 Education Updated FICO scores Greater than or equal to 780 $ 35 $ 88 $ 45 $ 40 $ 51 $ 331 $ 590 720 to 779 32 47 24 19 24 131 277 660 to 719 20 17 8 6 8 54 113 Less than 660 4 3 2 1 2 21 33 No FICO score available or required (b) 15 5 4 2 1 27 Total loans using FICO credit metric 106 160 83 68 85 538 1,040 Other internal credit metrics 905 905 Total education loans $ 106 $ 160 $ 83 $ 68 $ 85 $ 1,443 $ 1,945 Gross charge-offs (a) $ 1 $ 1 $ 2 $ 13 $ 17 Other consumer Updated FICO scores Greater than or equal to 780 $ 241 $ 127 $ 47 $ 21 $ 14 $ 11 $ 39 $ 1 $ 501 720 to 779 286 157 54 26 17 11 80 1 632 660 to 719 147 140 57 27 21 11 87 2 492 Less than 660 19 52 31 17 14 8 43 1 185 Total loans using FICO credit metric 693 476 189 91 66 41 249 5 1,810 Other internal credit metrics 19 97 33 48 71 34 2,149 10 2,461 Total other consumer loans $ 712 $ 573 $ 222 $ 139 $ 137 $ 75 $ 2,398 $ 15 $ 4,271 Gross charge-offs (a) $ 75 (c) $ 23 $ 18 $ 14 $ 14 $ 8 $ 11 $ 1 $ 164 (a) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (b) Loans where FICO scores are not available or required generally refers to new accounts issued to borrowers with limited credit history, accounts for which we cannot obtain an updated FICO score ( e.g. , recent profile changes), cards issued with a business name and/or cards secured by collateral. Management proactively assesses the risk and size of this loan category and, when necessary, takes actions to mitigate the credit risk. (c) Includes charge-offs of deposit overdrafts. Loan Modifications to Borrowers Experiencing Financial Difficulty Loan modifications to borrowers experiencing financial difficulty (FDMs) result from our loss mitigation activities and include principal forgiveness, interest rate reductions, term extensions, payment delays, repayment plans or combinations thereof. See Note 1 Accounting Policies in our 2023 Form 10-K for additional information on FDMs. The following table presents the amortized cost basis, as of the period end date, of FDMs granted during the three and nine months ended September 30, 2024 and 2023: Table 45: Loan Modifications Granted to Borrowers Experiencing Financial Difficulty (a) (b) Three months ended September 30, 2024 Dollars in millions Interest Rate Reduction Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension Interest Rate Reduction and Term Extension Other (c) Total % of Loan Class Commercial Commercial and industrial $ 372 $ 19 $ 6 $ 11 $ 2 $ 410 0.23 % Commercial real estate 253 87 14 354 1.01 % Total commercial 625 106 6 11 16 764 0.35 % Consumer Residential real estate 28 1 4 33 0.07 % Home equity 3 $ 1 6 10 0.04 % Credit card 21 21 0.31 % Education 1 1 0.06 % Total consumer 1 31 22 1 10 65 0.06 % Total $ 626 $ 137 $ 22 $ 6 $ 12 $ 26 $ 829 0.26 % Three months ended September 30, 2023 Dollars in millions Commercial Commercial and industrial $ 15 $ 356 $ 37 $ 7 $ 83 $ 498 0.29 % Commercial real estate 307 16 323 0.90 % Total commercial 15 663 53 7 83 821 0.38 % Consumer Residential real estate 1 50 3 54 0.11 % Home equity 2 5 7 0.03 % Credit card $ 20 20 0.28 % Education 1 1 0.05 % Other consumer 1 1 0.02 % Total consumer 1 1 52 21 8 83 0.08 % Total $ 16 $ 664 $ 105 $ 21 $ 7 $ 91 $ 904 0.28 % Nine months ended September 30, 2024 Dollars in millions Interest Rate Reduction Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension Interest Rate Reduction and Term Extension Interest Rate Reduction and Payment Delay Other (c) Total % of Loan Class Commercial Commercial and industrial $ 27 $ 927 $ 34 $ 157 $ 104 $ 15 $ 85 $ 1,349 0.75 % Commercial real estate 926 101 147 1,174 3.34 % Total commercial 27 1,853 135 304 104 15 85 2,523 1.14 % Consumer Residential real estate 1 67 3 8 79 0.17 % Home equity 10 $ 5 12 27 0.10 % Credit card 52 52 0.76 % Education 4 4 0.24 % Other consumer 1 1 0.02 % Total consumer 5 77 58 3 20 163 0.16 % Total $ 27 $ 1,858 $ 212 $ 58 $ 304 $ 107 $ 15 $ 105 $ 2,686 0.84 % Nine months ended September 30, 2023 Dollars in millions Commercial Commercial and industrial $ 15 $ 704 $ 91 $ 20 $ 130 $ 960 0.55 % Commercial real estate 745 16 61 822 2.30 % Total commercial 15 1,449 107 20 191 1,782 0.82 % Consumer Residential real estate 1 83 $ 3 6 93 0.20 % Home equity 6 $ 7 9 22 0.08 % Credit card 45 45 0.64 % Education 3 3 0.15 % Other consumer 1 1 0.02 % Total consumer 1 3 89 53 3 15 164 0.16 % Total $ 16 $ 1,452 $ 196 $ 53 $ 20 $ 3 $ 206 $ 1,946 0.61 % (a) The unfunded lending related commitments on FDMs granted were $0.5 billion and $0.3 billion during the nine months ended September 30, 2024 and 2023, respectively. (b) Excludes the amortized cost basis of modified loans that were paid off, charged off or otherwise liquidated as of the period end date. (c) Represents all other modifications, and includes trial modifications and loans where we have received notification that a borrower has filed for Chapter 7 bankruptcy relief, but specific instructions as to the terms of the relief have not been formally ruled upon by the court. Table 46 presents the weighted average financial effect of FDMs granted during the three and nine months ended September 30, 2024 and 2023. Table 46: Financial Effect of FDMs (a) Three months ended September 30, 2024 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $389 Extended contractual term by 11 months. Commercial real estate $253 Extended contractual term by 17 months. Residential real estate $1 Extended contractual term by 28 months. Education $1 Extended contractual term by 12 months. Interest Rate Reduction Commercial and industrial $11 Reduced contractual interest rate by 1.52%. Residential real estate $1 Reduced contractual interest rate by 1.48%. Payment Delay Commercial and industrial $25 Provided 3 months of payment deferral. Commercial real estate $87 Provided 8 months of payment deferral. Residential real estate $28 Provided 10 months of payment deferral. Home equity $3 Provided 5 months of payment deferral. Three months ended September 30, 2023 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $363 Extended contractual term by 13 months. Commercial real estate $307 Extended contractual term by 13 months. Education $1 Extended contractual term by 15 months. Interest Rate Reduction Commercial and industrial $15 Reduced contractual interest rate by 0.25%. Residential real estate $1 Reduced contractual interest rate by 0.72%. Payment Delay Commercial and industrial $44 Provided 6 months of payment deferral. Commercial real estate $16 Provided 8 months of payment deferral. Residential real estate $50 Provided 10 months of payment deferral. Home equity $2 Provided 5 months of payment deferral. Nine months ended September 30, 2024 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $1,188 Extended contractual term by 14 months. Commercial real estate $1,073 Extended contractual term by 15 months. Residential real estate $4 Extended contractual term by 81 months. Education $4 Extended contractual term by 12 months. Interest Rate Reduction Commercial and industrial $146 Reduced contractual interest rate by 1.45%. Residential real estate $3 Reduced contractual interest rate by 0.83%. Payment Delay Commercial and industrial $206 Provided 8 months of payment deferral. Commercial real estate $248 Provided 7 months of payment deferral. Residential real estate $67 Provided 9 months of payment deferral. Home equity $10 Provided 4 months of payment deferral. Nine months ended September 30, 2023 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $724 Extended contractual term by 12 months. Commercial real estate $745 Extended contractual term by 16 months. Residential real estate $3 Extended contractual term by 118 months. Education $3 Extended contractual term by 16 months. Interest Rate Reduction Commercial and industrial $15 Reduced contractual interest rate by 0.25%. Residential real estate $4 Reduced contractual interest rate by 1.13%. Payment Delay Commercial and industrial $111 Provided 6 months of payment deferral. Commercial real estate $16 Provided 8 months of payment deferral. Residential real estate $83 Provided 9 months of payment deferral. Home equity $6 Provided 4 months of payment deferral. (a) Excludes the financial effects of modifications for loans that were paid off, charged off or otherwise liquidated as of the period end date. (b) The amortized cost basis presented in Table 46 includes combination modification categories in addition to the standalone modification categories presented in Table 45. Primarily due to this reason, the amortized cost basis presented in Table 46 may not agree to the amortized cost basis presented alongside the standalone modification categories in Table 45. Amortized cost basis is as of the period end date. Repayment plans are excluded from Table 46. The terms of these programs, which are offered for certain consumer products, are as follows: • Credit card and unsecured lines of credit • Short-term programs are granted for periods of 6 and 12 months. These programs are structurally similar such that the interest rate is reduced to a standard rate of 4.99% and the minimum payment percentage is adjusted to 1.90% of the outstanding balance. At the end of the 6 or 12 months, the borrower is returned to the original contractual interest rate and minimum payment amount specified in the original lending agreement. • Fully-amortized repayment plans are also granted, the most common of which being a 60 month program. In this program, we convert the borrower’s drawn and unpaid balances into a fully-amortized repayment plan consisting of an interest rate of 4.99% and an adjusted minimum payment percentage of 1.90% of the outstanding balance. This fully-amortized program is designed in a manner that allows the drawn and unpaid amounts to be recaptured at the end of the 60 months. • Home equity loans and lines of credit • Fixed payment plan programs establish a modified monthly payment that is informed by the borrower’s financial situation and the current market environment at the time of modification, among other factors. As such, we may change the borrower’s interest rate, modify the term of the loan, and/or defer payment to arrive at the modified monthly payment. Each of the aforementioned terms may increase or decrease, and may vary from loan to loan, based on the individual loan and borrower characteristics. After we modify a loan, we continue to track its performance under its most recent modified terms. The following table presents the performance, as of the period end date, of FDMs granted during the twelve months preceding September 30, 2024. Table 47: Payment Performance of FDMs Modified in the Last 12 Months (a) (b) Twelve months ended September 30, 2024 Dollars in millions Current or Less Than 30 Days Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days Nonperforming Total Commercial Commercial and industrial $ 1,213 $ 18 $ 1 $ 248 $ 1,480 Commercial real estate 874 462 1,336 Total commercial 2,087 18 1 710 2,816 Consumer Residential real estate 8 1 83 92 Home equity 5 27 32 Credit card 43 5 4 $ 7 1 60 Education 4 4 Other consumer 2 2 Total consumer 60 6 4 7 113 190 Total $ 2,147 $ 24 $ 5 $ 7 $ 823 $ 3,006 (a) Represents amortized cost basis. (b) Loans in our Payment Delay category are reported as past due in accordance with their contractual terms. Once contractually modified, these loans are reported as past due in accordance with their restructured terms. The following table presents the performance as of September 30, 2023 for FDMs granted since January 1, 2023: Table 48: Payment Performance of FDMs (a) (b) Nine months ended September 30, 2023 Dollars in millions Current or Less Than 30 Days 30-59 Days 60-89 Days 90 Days Nonperforming Total Commercial Commercial and industrial $ 801 $ 3 $ 156 $ 960 Commercial real estate 755 67 822 Total commercial 1,556 3 223 1,782 Consumer Residential real estate 4 $ 1 88 93 Home equity 1 21 22 Credit card 31 4 $ 3 6 1 45 Education 3 3 Other consumer 1 1 Total consumer 39 5 3 6 111 164 Total $ 1,595 $ 5 $ 3 $ 9 $ 334 $ 1,946 (a) Represents amortized cost basis. (b) Loans in our Payment Delay category are reported as past due in accordance with their contractual terms. Once contractually modified, these loans are reported as past due in accordance with their restructured terms. We generally consider FDMs to have subsequently defaulted when they become 60 days past due after the most recent date the loan was modified. The following table presents loans that were both (i) classified as FDMs, and (ii) subsequently defaulted during the period. Table 49: Subsequently Defaulted FDMs (a) Three months ended September 30, 2024 Dollars in millions Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension All Other Modifications (b) Total Commercial Commercial and industrial $ 35 $ 3 $ 3 $ 41 Commercial real estate 27 27 Total commercial 62 3 3 68 Consumer Residential real estate 14 $ 3 17 Home equity 1 2 3 Credit card $ 8 8 Total consumer 15 8 5 28 Total $ 62 $ 18 $ 8 $ 3 $ 5 $ 96 Nine months ended September 30, 2024 Dollars in millions Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension All Other Modifications (b) Total Commercial Commercial and industrial $ 61 $ 12 $ 3 $ 76 Commercial real estate 28 33 37 98 Total commercial 89 45 40 174 Consumer Residential real estate 33 $ 5 38 Home equity 2 $ 1 7 10 Credit card 24 24 Total consumer 35 25 12 72 Total $ 89 $ 80 $ 25 $ 40 $ 12 $ 246 (a) Represents amortized cost basis. (b) Includes the following modification categories: interest rate reduction, combination of interest rate reduction/payment delay, combination of interest rate reduction/term extension, and other. Subsequently defaulted loans during the three and nine months ended September 30, 2023 were $36 million and $84 million, respectively. Allowance for Credit Losses We maintain the ACL related to loans at levels that we believe to be appropriate to absorb expected credit losses in the portfolios as of the balance sheet date. See Note 1 Accounting Policies in our 2023 Form 10-K for a discussion of the methodologies used to determine this allowance. A rollforward of the ACL related to loans follows: Table 50: Rollforward of Allowance for Credit Losses Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 In millions Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Allowance for loan and lease losses Beginning balance $ 3,243 $ 1,393 $ 4,636 $ 3,142 $ 1,595 $ 4,737 $ 3,259 $ 1,532 $ 4,791 $ 3,114 $ 1,627 $ 4,741 Adoption of ASU 2022-02 (a) (35) (35) Beginning balance, adjusted 3,243 1,393 4,636 3,142 1,595 4,737 3,259 1,532 4,791 3,114 1,592 4,706 Charge-offs (200) (176) (376) (72) (161) (233) (546) (535) (1,081) (327) (481) (808) Recoveries 28 62 90 49 63 112 103 187 290 110 188 298 Net (charge-offs) (172) (114) (286) (23) (98) (121) (443) (348) (791) (217) (293) (510) Provision for credit losses 151 84 235 105 48 153 408 178 586 325 246 571 Other 4 4 (2) (2) 2 1 3 Ending balance $ 3,226 $ 1,363 $ 4,589 $ 3,222 $ 1,545 $ 4,767 $ 3,226 $

Loan Sale and Servicing Activit

Loan Sale and Servicing Activities and Variable Interest Entities	9 Months Ended
	Sep. 30, 2024
Loan Sale and Servicing Activities and Variable Interest Entities [Abstract]
Loan Sale and Servicing Activities and Variable Interest Entities	L OAN S ALE AND S ERVICING A CTIVITIES AND V ARIABLE I NTEREST E NTITIES Loan Sale and Servicing Activities As more fully described in Note 4 Loan Sale and Servicing Activities and Variable Interest Entities in our 2023 Form 10-K, we have transferred residential and commercial mortgage loans in securitization or sales transactions in which we have continuing involvement. Our continuing involvement in the FNMA, FHLMC and GNMA securitizations, Non-agency securitizations and loan sale transactions generally consists of servicing, repurchasing previously transferred loans under certain conditions and loss share arrangements, and, in limited circumstances, holding of mortgage-backed securities issued by the securitization SPEs. We earn servicing and other ancillary fees for our role as servicer and, depending on the contractual terms of the servicing arrangement, we can be terminated as servicer with or without cause. At the consummation date of each type of loan transfer where we retain the servicing, we recognize a servicing right at fair value. See Note 8 Commitments and Note 11 Fair Value for information on our servicing rights, including the carrying value of servicing assets. The following table provides our loan sale and servicing activities: Table 51: Loan Sale and Servicing Activities In millions Residential Mortgages Commercial Mortgages (a) Cash Flows - Three months ended September 30, 2024 Sales of loans and related securitization activity (b) $ 884 $ 937 Repurchases of previously transferred loans (c) $ 30 Servicing fees (d) $ 138 $ 53 Servicing advances recovered/(funded), net $ 9 $ (20) Cash flows on mortgage-backed securities held (e) $ 969 $ 32 Cash Flows - Three months ended September 30, 2023 Sales of loans and related securitization activity (b) $ 873 $ 398 Repurchases of previously transferred loans (c) $ 16 $ (9) Servicing fees (d) $ 129 $ 51 Servicing advances recovered/(funded), net $ 5 $ (22) Cash flows on mortgage-backed securities held (e) $ 710 $ 19 Cash Flows - Nine months ended September 30, 2024 Sales of loans and related securitization activity (b) $ 2,112 $ 1,604 Repurchases of previously transferred loans (c) $ 71 $ 9 Servicing fees (d) $ 415 $ 152 Servicing advances recovered/(funded), net $ 49 $ (37) Cash flows on mortgage-backed securities held (e) $ 2,789 $ 133 Cash Flows - Nine months ended September 30, 2023 Sales of loans and related securitization activity (b) $ 2,044 $ 2,554 Repurchases of previously transferred loans (c) $ 67 Servicing fees (d) $ 384 $ 146 Servicing advances recovered/(funded), net $ 44 $ (86) Cash flows on mortgage-backed securities held (e) $ 2,008 $ 49 (a) Represents both commercial mortgage loan transfer and servicing activities. (b) Gains/losses recognized on sales of loans were insignificant for the periods presented. (c) Includes both residential and commercial mortgage government insured or guaranteed loans eligible for repurchase through the exercise of our ROAP option, as well as residential mortgage loans repurchased due to alleged breaches of origination covenants or representations and warranties made to purchasers. (d) Includes contractually specified servicing fees, late charges and ancillary fees. (e) Represents cash flows on securities where we transferred to and/or service loans for a securitization SPE and we hold securities issued by that SPE. The carrying values of such securities held were $19.0 billion, $20.4 billion and $20.5 billion in residential mortgage-backed securities at September 30, 2024, December 31, 2023, and September 30, 2023, respectively. The carrying values of commercial mortgage-backed securities were $0.7 billion at each September 30, 2024, December 31, 2023 and September 30, 2023. Table 52 presents information about the principal balances of transferred loans that we service and are not recorded on our Consolidated Balance Sheet. We would only experience a loss on these transferred loans if we were required to repurchase a loan, where the repurchase price exceeded the loan’s fair value, due to a breach in representations and warranties or a loss sharing arrangement associated with our continuing involvement with these loans. The estimate of losses related to breaches in representations and warranties was insignificant at September 30, 2024 and December 31, 2023. Table 52: Principal Balance, Delinquent Loans and Net Charge-offs Related to Serviced Loans For Others In millions Residential Mortgages Commercial Mortgages (a) September 30, 2024 Total principal balance $ 37,861 $ 53,473 Delinquent loans (b) $ 271 $ 91 December 31, 2023 Total principal balance $ 39,016 $ 57,492 Delinquent loans (b) $ 329 $ 89 Three months ended September 30, 2024 Net charge-offs (c) $ 30 Three months ended September 30, 2023 Net charge-offs (c) $ 14 Nine months ended September 30, 2024 Net charge-offs (c) $ 1 $ 91 Nine months ended September 30, 2023 Net charge-offs (c) $ 2 $ 18 (a) Represents information at the securitization level in which we have sold loans and we are the servicer for the securitization. (b) Serviced delinquent loans are 90 days or more past due or are in process of foreclosure. (c) Net charge-offs for residential mortgages represent credit losses less recoveries distributed and as reported to investors during the period. Net charge-offs for commercial mortgages represent credit losses less recoveries distributed and as reported by the trustee for commercial mortgage-backed securitizations. Realized losses for Agency securitizations are not reflected as we do not manage the underlying real estate upon foreclosure and, as such, do not have access to loss information. Variable Interest Entities (VIEs) As discussed in Note 4 Loan Sale and Servicing Activities and Variable Interest Entities included in our 2023 Form 10-K, we are involved with various entities in the normal course of business that are deemed to be VIEs. The following table provides a summary of non-consolidated VIEs with which we have significant continuing involvement but are not the primary beneficiary. We have excluded certain transactions with non-consolidated VIEs from the balances presented in Table 53 where we have determined that our continuing involvement is insignificant. We do not consider our continuing involvement to be significant when it relates to a VIE where we only invest in securities issued by the VIE and were not involved in the design of the VIE or where no transfers have occurred between us and the VIE. In addition, where we only have lending arrangements in the normal course of business with entities that could be VIEs, we have excluded these transactions with non-consolidated entities from the balances presented in Table 53. These loans are included as part of the credit quality disclosures that we make in Note 3 Loans and Related Allowance for Credit Losses. Table 53: Non-Consolidated VIEs In millions PNC Risk of Loss (a) Carrying Value of Assets Carrying Value of Liabilities September 30, 2024 Mortgage-backed securitizations (b) $ 20,002 $ 20,004 (c) Tax credit investments and other 5,157 5,104 (d) (e) $ 2,181 (f) (g) Total $ 25,159 $ 25,108 $ 2,181 December 31, 2023 Mortgage-backed securitizations (b) $ 21,451 $ 21,453 (c) Tax credit investments and other 4,709 4,631 (d) (e) $ 2,119 (f) (g) Total $ 26,160 $ 26,084 $ 2,119 (a) Represents loans, investments and other assets related to non-consolidated VIEs, net of collateral (if applicable). The risk of loss excludes any potential tax recapture associated with tax credit investments. (b) Amounts reflect involvement with securitization SPEs where we transferred to and/or service loans for an SPE and we hold securities issued by that SPE. Values disclosed in the PNC Risk of Loss column represent our maximum exposure to loss for those securities’ holdings. (c) Included in Investment securities, Mortgage servicing rights and Other assets on our Consolidated Balance Sheet. (d) Included in Investment securities, Loans, Equity investments and Other assets on our Consolidated Balance Sheet. (e) Amount includes $3.4 billion of LIHTCs and $0.2 billion of NMTCs at September 30, 2024, which are included in Equity investments on our Consolidated Balance Sheet. Comparable amounts at December 31, 2023 were $3.0 billion and $0.2 billion, respectively. (f) Included in Deposits and Other liabilities on our Consolidated Balance Sheet. (g) Amount includes $1.8 billion of LIHTCs and less than $0.1 billion of NMTCs at September 30, 2024, which are included in Other liabilities on our Consolidated Balance Sheet. Comparable amounts at December 31, 2023 were $1.6 billion and $0.2 billion, respectively.

Goodwill and Mortgage Servicing

Goodwill and Mortgage Servicing Rights	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Mortgage Servicing Rights	G OODWILL AND M ORTGAGE S ERVICING R IGHTS Goodwill See Note 5 Goodwill and Mortgage Servicing Rights in our 2023 Form 10-K for more information regarding our goodwill. Mortgage Servicing Rights We recognize the right to service mortgage loans for others as an intangible asset when the benefits of servicing are expected to be more than adequate compensation to a servicer for performing the servicing. MSRs are recognized either when purchased or when originated loans are sold with servicing retained. MSRs totaled $3.5 billion at September 30, 2024 and $3.7 billion at December 31, 2023, and consisted of loan servicing contracts for commercial and residential mortgages which are measured at fair value. We recognize gains (losses) on changes in the fair value of MSRs. MSRs are subject to changes in value from actual or expected prepayment of the underlying loans and defaults, as well as market driven changes in interest rates. We manage this risk by economically hedging the fair value of MSRs with securities, derivative instruments and resale agreements, which are expected to increase (or decrease) in value when the value of MSRs decreases (or increases). See the Sensitivity Analysis section of this Note 5 for more detail on our fair value measurement of MSRs. See Note 5 Goodwill and Mortgage Servicing Rights and Note 14 Fair Value in our 2023 Form 10-K for more detail on our fair value measurement and our accounting of MSRs. Changes in the commercial and residential MSRs follow: Table 54: Mortgage Servicing Rights Commercial MSRs Residential MSRs In millions 2024 2023 2024 2023 January 1 $ 1,032 $ 1,113 $ 2,654 $ 2,310 Additions: From loans sold with servicing retained 23 38 18 17 Purchases 43 27 30 438 Changes in fair value due to: Time and payoffs (a) (241) (247) (191) (176) Other (b) 118 238 17 248 September 30 $ 975 $ 1,169 $ 2,528 $ 2,837 Related unpaid principal balance of loans serviced at September 30 $ 288,696 $ 282,123 $ 199,571 $ 212,521 Servicing advances at September 30 $ 598 $ 507 $ 123 $ 121 (a) Represents decrease in MSR value due to passage of time, which includes the impact from regularly scheduled loan principal payments, prepayments and loans that were paid off during the period. (b) Includes MSR value changes resulting from changes in interest rates and other market-driven conditions. Sensitivity Analysis The fair value of commercial and residential MSRs and significant inputs to the valuation models as of September 30, 2024 and December 31, 2023 are shown in Tables 55 and 56. The expected and actual rates of mortgage loan prepayments are significant factors driving the fair value. Management uses both internal proprietary models and a third-party model to estimate future commercial mortgage loan prepayments and a third-party model to estimate future residential mortgage loan prepayments. These models have been refined based on current market conditions and management judgment. Future interest rates are another important factor in the valuation of MSRs. Management utilizes market implied forward interest rates to estimate the future direction of mortgage and discount rates. The forward rates utilized are derived from the current yield curve for U.S. dollar interest rate swaps and are consistent with pricing of capital markets instruments. Changes in the shape and slope of the forward curve in future periods may result in volatility in the fair value estimate. A sensitivity analysis of the hypothetical effect on the fair value of MSRs to adverse changes in key assumptions is presented in Tables 55 and 56. These sensitivities do not include the impact of the related hedging activities. Changes in fair value generally cannot be extrapolated because the relationship of the change in the assumption to the change in fair value may not be linear. Also, the effect of a variation in a particular assumption on the fair value of the MSRs is calculated independently without changing any other assumption. Changes in one factor may result in changes in another ( e.g. , changes in mortgage interest rates, which drive changes in prepayment rate estimates, could result in changes in the interest rate spread), which could either magnify or counteract the sensitivities. The following tables set forth the fair value of commercial and residential MSRs and the sensitivity analysis of the hypothetical effect on the fair value of MSRs to immediate adverse changes of 10% and 20% in those assumptions: Table 55: Commercial Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions September 30, 2024 December 31, 2023 Fair value $ 975 $ 1,032 Weighted-average life (years) 3.8 3.9 Weighted-average constant prepayment rate 4.41 % 5.51 % Decline in fair value from 10% adverse change $ 8 $ 9 Decline in fair value from 20% adverse change $ 15 $ 17 Effective discount rate 10.69 % 9.64 % Decline in fair value from 10% adverse change $ 30 $ 31 Decline in fair value from 20% adverse change $ 61 $ 61 Table 56: Residential Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions September 30, 2024 December 31, 2023 Fair value $ 2,528 $ 2,654 Weighted-average life (years) 7.8 8.1 Weighted-average constant prepayment rate 7.21 % 6.42 % Decline in fair value from 10% adverse change $ 61 $ 60 Decline in fair value from 20% adverse change $ 119 $ 117 Weighted-average option adjusted spread 755 bps 765 bps Decline in fair value from 10% adverse change $ 78 $ 83 Decline in fair value from 20% adverse change $ 151 $ 161

Leases

Leases	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Leases	L EASES PNC’s lessor arrangements primarily consist of direct financing, sales-type and operating leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. For more information on lease accounting, see Note 1 Accounting Policies and Note 6 Leases in our 2023 Form 10-K. Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Leases	L EASES PNC’s lessor arrangements primarily consist of direct financing, sales-type and operating leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. For more information on lease accounting, see Note 1 Accounting Policies and Note 6 Leases in our 2023 Form 10-K. Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Leases	L EASES PNC’s lessor arrangements primarily consist of direct financing, sales-type and operating leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. For more information on lease accounting, see Note 1 Accounting Policies and Note 6 Leases in our 2023 Form 10-K. Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.

Borrowed Funds

Borrowed Funds	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Borrowed Funds	B ORROWED F UNDS The following table shows the carrying value of total borrowed funds at September 30, 2024 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity: Table 58: Borrowed Funds In millions Less than 1 year $ 25,195 1 to 2 years 12,274 2 to 3 years 4,040 3 to 4 years 5,367 4 to 5 years 4,983 Over 5 years 16,210 Total $ 68,069 The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of September 30, 2024, and the carrying values as of September 30, 2024 and December 31, 2023. Table 59: FHLB Borrowings, Senior Debt and Subordinated Debt Stated Rate Maturity Carrying Value Dollars in millions September 30, 2024 September 30, 2024 September 30, 2024 December 31, 2023 Parent Company Senior debt 1.15% - 6.88% 2024 - 2035 $ 28,394 $ 22,221 Subordinated debt 4.63 % 2033 814 1,544 Junior subordinated debt 5.85 % 2028 206 206 Total Parent Company 29,414 23,971 Bank Federal Home Loan Bank borrowings (a) 5.07% - 5.43% 2024 - 2026 28,000 38,000 Senior debt 2.95% - 5.99% 2024 - 2043 4,098 4,615 Subordinated debt 2.70% - 5.90% 2025 - 2029 3,176 3,125 Total Bank 35,274 45,740 Total $ 64,688 $ 69,711 (a) FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities. In Table 59, the carrying values for parent company senior and subordinated debt include basis adjustments of $124 million and $(32) million, respectively, whereas Bank senior and subordinated debt include basis adjustments of $(74) million and $(101) million, respectively, related to fair value accounting hedges as of September 30, 2024. Certain borrowings are reported at fair value. Refer to Note 11 Fair Value for more information on those borrowings.

Commitments

Commitments	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments	C OMMITMENTS In the normal course of business, we have various commitments outstanding, certain of which are not included on our Consolidated Balance Sheet. The following table presents our outstanding commitments to extend credit along with other commitments as of September 30, 2024 and December 31, 2023, respectively. In millions September 30, 2024 December 31, 2023 Commitments to extend credit Commercial $ 205,924 $ 203,080 Home equity 24,161 23,970 Credit card 36,003 33,978 Other 7,576 7,363 Total commitments to extend credit 273,664 268,391 Net outstanding standby letters of credit (a) 10,826 10,913 Standby bond purchase agreements (b) 1,055 1,078 Other commitments (c) 4,831 4,386 Total commitments to extend credit and other commitments $ 290,376 $ 284,768 (a) Net outstanding standby letters of credit include $3.5 billion and $3.9 billion at September 30, 2024 and December 31, 2023, respectively, which support remarketing programs. (b) We enter into standby bond purchase agreements to support municipal bond obligations. (c) Includes $2.2 billion and $2.1 billion related to investments in qualified affordable housing projects at September 30, 2024 and December 31, 2023, respectively. Commitments to Extend Credit Commitments to extend credit, or net unfunded loan commitments, represent arrangements to lend funds or provide liquidity subject to specified contractual conditions. These commitments generally have fixed expiration dates, may require payment of a fee and generally contain termination clauses in the event the customer’s credit quality deteriorates. Net Outstanding Standby Letters of Credit We issue standby letters of credit and share in the risk of standby letters of credit issued by other financial institutions, in each case to support obligations of our customers to third parties, such as insurance requirements and the facilitation of transactions involving capital markets product execution. Approximately 97% of our net outstanding standby letters of credit were rated as Pass at September 30, 2024, with the remainder rated as Criticized. An internal credit rating of Pass indicates the expected risk of loss is currently low, while a rating of Criticized indicates a higher degree of risk. If the customer fails to meet its financial or performance obligation to the third party under the terms of the contract or there is a need to support a remarketing program, then upon a draw by a beneficiary, subject to the terms of the letter of credit, we would be obligated to make payment to them. The standby letters of credit outstanding on September 30, 2024 had terms ranging from less than one year to six years. As of September 30, 2024, assets of $1.0 billion secured certain specifically identified standby letters of credit. In addition, a portion of the remaining standby letters of credit issued on behalf of specific customers is secured by collateral or guarantees that secure the customers’ other obligations to us. The carrying amount of the liability for our obligations related to standby letters of credit and participations in standby letters of credit was $0.2 billion at September 30, 2024 and is included in Other liabilities on our Consolidated Balance Sheet.

Total Equity and Other Comprehe

Total Equity and Other Comprehensive Income	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Total Equity and Other Comprehensive Income	T OTAL E QUITY A ND O THER C OMPREHENSIVE I NCOME Activity in total equity for the three and nine months ended September 30, 2024 and 2023 is as follows: Table 61: Rollforward of Total Equity Shareholders’ Equity In millions Shares Common Capital Capital Retained Accumulated Treasury Non- Total Equity Three months ended Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 Net income 1,554 16 1,570 Other comprehensive loss, net of tax (736) (736) Cash dividends declared - Common (624) (624) Cash dividends declared - Preferred (104) (104) Preferred stock discount accretion 2 (2) Treasury stock activity 3 9 12 Other 32 (15) 17 Balance at September 30, 2023 (a) 398 $ 2,715 $ 7,239 $ 12,732 $ 56,170 $ (10,261) $ (19,141) $ 27 $ 49,481 Balance at June 30, 2024 (a) 398 $ 2,716 $ 6,245 $ 12,853 $ 57,652 $ (7,446) $ (19,378) $ 39 $ 52,681 Net income 1,490 15 1,505 Other comprehensive income, net of tax 2,356 2,356 Cash dividends declared - Common (646) (646) Cash dividends declared - Preferred (82) (82) Preferred stock discount accretion 2 (2) Treasury stock activity (1) 7 (121) (114) Other 43 (14) 29 Balance at September 30, 2024 (a) 397 $ 2,716 $ 6,247 $ 12,903 $ 58,412 $ (5,090) $ (19,499) $ 40 $ 55,729 Nine months ended Balance at December 31, 2022 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,572 $ (10,172) $ (18,716) $ 38 $ 45,812 Cumulative effect of ASU adoption (b) 26 26 Balance at January 1, 2023 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,598 $ (10,172) $ (18,716) $ 38 $ 45,838 Net income 4,714 50 4,764 Other comprehensive loss, net of tax (89) (89) Cash dividends declared - Common (1,837) (1,837) Cash dividends declared - Preferred (299) (299) Preferred stock discount accretion 6 (6) Preferred stock issuance (c) 1,487 1,487 Common stock activity 1 16 17 Treasury stock activity (3) 76 (425) (349) Other 10 (61) (51) Balance at September 30, 2023 (a) 398 $ 2,715 $ 7,239 $ 12,732 $ 56,170 $ (10,261) $ (19,141) $ 27 $ 49,481 Balance at December 31, 2023 (a) 398 $ 2,716 $ 6,241 $ 12,779 $ 56,290 $ (7,712) $ (19,209) $ 36 $ 51,141 Net income 4,279 47 4,326 Other comprehensive income, net of tax 2,622 2,622 Cash dividends declared - Common (1,893) (1,893) Cash dividends declared - Preferred (258) (258) Preferred stock discount accretion 6 (6) Common stock activity 16 16 Treasury stock activity (1) 84 (290) (206) Other 24 (43) (19) Balance at September 30, 2024 (a) 397 $ 2,716 $ 6,247 $ 12,903 $ 58,412 $ (5,090) $ (19,499) $ 40 $ 55,729 (a) The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation. (b) Represents the cumulative effect of adopting ASU 2022-02. (c) On February 7, 2023, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 6.250% fixed-rate reset non-cumulative perpetual preferred stock, Series W, with a par value of $1 per share. Details of other comprehensive income (loss) are as follows: Table 62: Other Comprehensive Income (Loss) Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 In millions Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Debt securities Net unrealized gains (losses) on securities $ 1,397 $ (336) $ 1,061 $ (1,171) $ 280 $ (891) $ 786 $ (189) $ 597 $ (993) $ 238 $ (755) Less: Net realized (losses) reclassified to earnings (a) (224) 53 (171) (239) 57 (182) (1,131) 271 (860) (689) 163 (526) Net change 1,621 (389) 1,232 (932) 223 (709) 1,917 (460) 1,457 (304) 75 (229) Cash flow hedge derivatives Net unrealized gains (losses) on cash flow hedge derivatives 1,162 (279) 883 (461) 122 (339) 461 (111) 350 (953) 238 (715) Less: Net realized (losses) reclassified to earnings (a) (313) 75 (238) (426) 112 (314) (1,072) 257 (815) (1,129) 278 (851) Net change 1,475 (354) 1,121 (35) 10 (25) 1,533 (368) 1,165 176 (40) 136 Pension and other postretirement benefit plan adjustments Net pension and other postretirement benefit plan activity and other reclassified to earnings (b) 1 (1) (1) (1) (3) (3) Net change 1 (1) (1) (1) (3) (3) Other Net unrealized gains (losses) on other transactions (1) 4 3 1 (3) (2) (3) 4 1 8 (1) 7 Net change (1) 4 3 1 (3) (2) (3) 4 1 8 (1) 7 Total other comprehensive income (loss) $ 3,095 $ (739) $ 2,356 $ (965) $ 229 $ (736) $ 3,446 $ (824) $ 2,622 $ (123) $ 34 $ (89) (a) Reclassifications for pre-tax debt securities and cash flow hedges are recorded in Interest income and Noninterest income on the Consolidated Income Statement. (b) Reclassifications include amortization of actuarial losses (gains) and amortization of prior period service costs (credits), which are recorded in Noninterest expense on the Consolidated Income Statement. Table 63: Accumulated Other Comprehensive Income (Loss) Components In millions, after-tax Debt securities Cash flow hedge derivatives Pension and other postretirement benefit plan adjustments Other Total Three months ended Balance at June 30, 2023 $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525) Net activity (709) (25) (2) (736) Balance at September 30, 2023 (a) $ (7,393) $ (2,569) $ (254) $ (45) $ (10,261) Balance at June 30, 2024 $ (5,605) $ (1,669) $ (126) $ (46) $ (7,446) Net activity 1,232 1,121 3 2,356 Balance at September 30, 2024 (a) $ (4,373) $ (548) $ (126) $ (43) $ (5,090) Nine months ended Balance at December 31, 2022 $ (7,164) $ (2,705) $ (251) $ (52) $ (10,172) Net activity (229) 136 (3) 7 (89) Balance at September 30, 2023 (a) $ (7,393) $ (2,569) $ (254) $ (45) $ (10,261) Balance at December 31, 2023 $ (5,830) $ (1,713) $ (125) $ (44) $ (7,712) Net activity 1,457 1,165 (1) 1 2,622 Balance at September 30, 2024 (a) $ (4,373) $ (548) $ (126) $ (43) $ (5,090) (a) AOCI included pretax losses of $280 million and $297 million from derivatives that hedged the purchase of investment securities classified as held to maturity at September 30, 2024 and September 30, 2023, respectively. The following table provides the dividends per share for PNC’s common and preferred stock: Table 64: Dividends Per Share (a) Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 Common Stock $ 1.60 $ 1.55 $ 4.70 $ 4.55 Preferred Stock Series B $ 0.45 $ 0.45 $ 1.35 $ 1.35 Series O $ 2,294 $ 6,468 Series R $ 2,209 $ 2,181 $ 6,612 $ 4,606 Series S $ 2,500 $ 2,500 Series T $ 850 $ 850 $ 2,550 $ 2,550 Series U $ 1,500 $ 1,500 $ 4,500 $ 4,500 Series V $ 1,550 $ 1,550 $ 4,650 $ 4,650 Series W $ 1,563 $ 1,563 $ 4,688 $ 3,785 (a) Dividends are payable quarterly, other than Series S preferred stock, which is payable semiannually. On October 3, 2024, the PNC Board of Directors declared a quarterly cash dividend on common stock of $1.60 per share to be paid on November 5, 2024 to shareholders of record at the close of business October 16, 2024.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	E ARNINGS P ER S HARE Table 65: Basic and Diluted Earnings Per Common Share Three months ended September 30 Nine months ended September 30 In millions, except per share data 2024 2023 2024 2023 Basic Net income $ 1,505 $ 1,570 $ 4,326 $ 4,764 Less: Net income attributable to noncontrolling interests 15 16 47 50 Preferred stock dividends 82 104 258 299 Preferred stock discount accretion and redemptions 2 2 6 6 Net income attributable to common shareholders 1,406 1,448 4,015 4,409 Less: Dividends and undistributed earnings allocated to nonvested restricted shares 10 8 24 23 Net income attributable to basic common shareholders $ 1,396 $ 1,440 $ 3,991 $ 4,386 Basic weighted-average common shares outstanding 399 400 400 401 Basic earnings per common share (a) $ 3.50 $ 3.60 $ 9.99 $ 10.95 Diluted Net income attributable to diluted common shareholders $ 1,396 $ 1,440 $ 3,991 $ 4,386 Basic weighted-average common shares outstanding 399 400 400 401 Dilutive potential common shares 1 Diluted weighted-average common shares outstanding 400 400 400 401 Diluted earnings per common share (a) $ 3.49 $ 3.60 $ 9.98 $ 10.94 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value	F AIR V ALUE Fair Value Measurement We measure certain financial assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or the price that would be paid to transfer a liability on the measurement date and is determined using an exit price in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The fair value hierarchy established by GAAP requires us to maximize the use of observable inputs when measuring fair value. For more information regarding the fair value hierarchy, see Note 14 Fair Value in our 2023 Form 10-K. Assets and Liabilities Measured at Fair Value on a Recurring Basis For more information on the valuation methodologies used to measure assets and liabilities at fair value on a recurring basis, see Note 14 Fair Value in our 2023 Form 10-K. The following table summarizes our assets and liabilities measured at fair value on a recurring basis, including instruments for which we have elected the fair value option. Table 66: Fair Value Measurements – Recurring Basis Summary September 30, 2024 December 31, 2023 In millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Residential mortgage loans held for sale $ 588 $ 70 $ 658 $ 371 $ 103 $ 474 Commercial mortgage loans held for sale 73 4 77 227 11 238 Securities available for sale U.S. Treasury and government agencies $ 21,584 1,055 22,639 $ 6,292 659 6,951 Residential mortgage-backed Agency 29,661 29,661 27,880 27,880 Non-agency 628 628 696 696 Commercial mortgage-backed Agency 1,892 1,892 1,546 1,546 Non-agency 631 103 734 766 103 869 Asset-backed 2,193 96 2,289 1,014 102 1,116 Other 2,441 54 2,495 2,672 55 2,727 Total securities available for sale 21,584 37,873 881 60,338 6,292 34,537 956 41,785 Loans 489 684 1,173 512 726 1,238 Equity investments (a) 976 2,063 3,242 574 1,952 2,717 Residential mortgage servicing rights 2,528 2,528 2,654 2,654 Commercial mortgage servicing rights 975 975 1,032 1,032 Trading securities (b) 1,000 1,967 2,967 377 2,422 2,799 Financial derivatives (b) (c) 21 3,275 12 3,308 29 3,394 6 3,429 Other assets 453 114 8 575 403 85 8 496 Total assets (d) $ 24,034 $ 44,379 $ 7,225 $ 75,841 $ 7,675 $ 41,548 $ 7,448 $ 56,862 Liabilities Other borrowed funds $ 1,383 $ 162 $ 8 $ 1,553 $ 724 $ 84 $ 9 $ 817 Financial derivatives (c) (e) 6 4,340 281 4,627 11 5,736 152 5,899 Other liabilities 176 176 237 237 Total liabilities (f) $ 1,389 $ 4,502 $ 465 $ 6,356 $ 735 $ 5,820 $ 398 $ 6,953 (a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. (b) Included in Other assets on the Consolidated Balance Sheet. (c) Amounts at September 30, 2024 and December 31, 2023 are presented gross and are not reduced by the impact of legally enforceable master netting agreements that allow us to net positive and negative positions and cash collateral held or placed with the same counterparty. See Note 12 Financial Derivatives for additional information related to derivative offsetting. (d) Total assets at fair value as a percentage of total consolidated assets was 13% and 10% at September 30, 2024 and December 31, 2023, respectively. Level 3 assets as a percentage of total assets at fair value was 10% and 13% at September 30, 2024 and December 31, 2023, respectively. Level 3 assets as a percentage of total consolidated assets was 1% at both September 30, 2024 and December 31, 2023. (e) Included in Other liabilities on the Consolidated Balance Sheet. (f) Total liabilities at fair value as a percentage of total consolidated liabilities was 1% at both September 30, 2024 and December 31, 2023. Level 3 liabilities as a percentage of total liabilities at fair value was 7% and 6% at September 30, 2024 and December 31, 2023, respectively. Level 3 liabilities as a percentage of total consolidated liabilities was less than 1% at both September 30, 2024 and December 31, 2023. Reconciliations of assets and liabilities measured at fair value on a recurring basis using Level 3 inputs for the three and nine months ended September 30, 2024 and 2023 are as follows: Table 67: Reconciliation of Level 3 Assets and Liabilities Three Months Ended September 30, 2024 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value June 30, 2024 Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 95 $ 1 $ 2 $ (26) $ (2) $ 1 $ (1) (d) $ 70 $ 2 Commercial mortgage 4 1 (1) 4 Securities available for sale Residential mortgage- 624 4 $ 21 (21) 628 Commercial mortgage- backed non-agency 103 103 Asset-backed 96 1 3 (4) 96 Other 54 (1) 1 54 Total securities 877 4 24 1 (25) 881 Loans 701 4 4 (21) (4) (d) 684 5 Equity investments 2,030 27 85 (79) 2,063 16 Residential mortgage 2,657 (71) 1 $ 6 (65) 2,528 (71) Commercial mortgage 1,082 (54) 19 12 (84) 975 (54) Financial derivatives 12 8 2 (10) 12 12 Other assets 8 8 Total assets $ 7,466 $ (80) $ 24 $ 114 $ (105) $ 18 $ (208) $ 1 $ (5) $ 7,225 $ (90) Liabilities Other borrowed funds $ 9 $ 2 $ (3) $ 8 Financial derivatives 183 $ 128 $ 2 (32) 281 $ 129 Other liabilities 194 10 1 (29) 176 3 Total liabilities $ 386 $ 138 $ 2 $ 3 $ (64) $ 465 $ 132 Net gains (losses) $ (218) (e) $ (222) (f) (Continued from previous page) Three Months Ended September 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value June 30, 2023 Included in Earnings Included in Other comprehensive income (b) Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value Sept. 30, 2023 Assets Residential mortgage $ 191 $ (3) $ 3 $ (89) $ (2) $ 1 $ (4) (d) $ 97 $ (4) Commercial mortgage 25 25 Securities available for sale Residential mortgage- 768 5 $ (20) (40) 713 Commercial mortgage-backed non-agency 3 92 95 Asset-backed 117 (3) (11) 103 Other 54 (1) 1 3 (1) 56 Total securities 942 4 (22) 3 (52) 92 967 Loans 745 5 19 (27) 2 (6) (d) 738 5 Equity investments 1,623 (9) 212 (97) 1,729 (16) Residential mortgage 2,349 215 329 $ 7 (63) 2,837 215 Commercial mortgage 1,106 130 10 6 (83) 1,169 130 Financial derivatives 6 6 (6) 6 7 Other assets 1 4 5 Total assets $ 6,987 $ 348 $ (22) $ 577 $ (186) $ 13 $ (233) $ 99 $ (10) $ 7,573 $ 337 Liabilities Other borrowed funds $ 5 $ 3 $ (1) $ 7 Financial derivatives 140 $ 50 $ 2 (84) 108 $ 51 Other liabilities 239 6 329 (324) 250 Total liabilities $ 384 $ 56 $ 2 $ 332 $ (409) $ 365 $ 51 Net gains (losses) $ 292 (e) $ 286 (f) (Continued from previous page) Nine Months Ended September 30, 2024 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 103 $ 16 $ (37) $ (6) $ 4 $ (10) (d) $ 70 Commercial mortgage 11 $ 1 (8) 4 Securities available for sale Residential mortgage- 696 10 $ 10 (88) 628 Commercial mortgage- 103 103 Asset-backed 102 1 2 (9) 96 Other 55 (3) 1 4 (3) 54 $ (2) Total securities 956 8 13 4 (100) 881 (2) Loans 726 12 16 (2) (59) (9) (d) 684 12 Equity investments 1,952 53 221 (163) 2,063 35 Residential mortgage 2,654 17 30 $ 18 (191) 2,528 17 Commercial mortgage 1,032 118 43 23 (241) 975 118 Financial derivatives 6 26 4 (24) 12 30 Other assets 8 8 Total assets $ 7,448 $ 235 $ 13 $ 334 $ (202) $ 41 $ (629) $ 4 $ (19) $ 7,225 $ 210 Liabilities Other borrowed funds $ 9 $ 9 $ (10) $ 8 Financial derivatives 152 $ 246 $ 4 (121) 281 $ 252 Other liabilities 237 (4) 29 (86) 176 11 Total liabilities $ 398 $ 242 $ 4 $ 38 $ (217) $ 465 $ 263 Net gains (losses) $ (7) (e) $ (53) (f) (Continued from previous page) Nine Months Ended September 30, 2023 Total realized / unrealized Unrealized gains/losses for the period on assets and liabilities held on Consolidated Balance Sheet at Sept. 30, 2023 (a) (c) Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Value Sept. 30, 2023 Assets Residential mortgage $ 243 $ (3) $ 12 $ (131) $ (9) $ 4 $ (19) (d) $ 97 $ (3) Commercial mortgage 33 (8) 25 Securities available for sale Residential mortgage- 819 13 $ (16) (103) 713 Commercial mortgage- 3 92 95 Asset-backed 124 1 (3) (19) 103 Other 55 (1) (3) 6 (4) 3 56 Total securities 1,001 13 (22) 6 (126) 95 967 Loans 769 11 39 (1) (77) 17 (20) (d) 738 11 Equity investments 1,778 136 444 (495) (134) (g) 1,729 103 Residential mortgage 2,310 248 438 $ 17 (176) 2,837 248 Commercial mortgage 1,113 238 27 38 (247) 1,169 238 Financial derivatives 5 13 3 (15) 6 16 Other assets 1 4 5 Total assets $ 7,252 $ 656 $ (22) $ 970 $ (627) $ 55 $ (658) $ 120 $ (173) $ 7,573 $ 613 Liabilities Other borrowed funds $ 4 $ 9 $ (6) $ 7 Financial derivatives 123 $ 168 $ 5 (188) 108 $ 173 Other liabilities 294 61 436 (541) 250 41 Total liabilities $ 421 $ 229 $ 5 $ 445 $ (735) $ 365 $ 214 Net gains (losses) $ 427 (e) $ 399 (f) (a) Losses for assets are bracketed while losses for liabilities are not. (b) The difference in unrealized gains and losses for the period included in Other comprehensive income and changes in unrealized gains and losses for the period included in Other comprehensive income for securities available for sale held at the end of the reporting period were insignificant. (c) The amount of the total gains or losses for the period included in earnings that is attributable to the change in unrealized gains or losses related to those assets and liabilities held at the end of the reporting period. (d) Residential mortgage loan transfers out of Level 3 are primarily driven by residential mortgage loans transferring to OREO as well as reclassification of mortgage loans held for sale to held for investment. (e) Net gains (losses) realized and unrealized included in earnings related to Level 3 assets and liabilities included amortization and accretion. The amortization and accretion amounts were included in Interest income on the Consolidated Income Statement and the remaining net gains (losses) realized and unrealized were included in Noninterest income on the Consolidated Income Statement. (f) Net unrealized gains (losses) related to assets and liabilities held at the end of the reporting period were included in Noninterest income on the Consolidated Income Statement. (g) Transfers out of Level 3 during the prior period were due to valuation methodology changes for certain private company investments. See Note 1 Accounting Policies in our 2023 Form 10-K for more information on our accounting for private company investments. An instrument’s categorization within the hierarchy is based on the lowest level of input that is significant to the fair value measurement. Changes from one quarter to the next related to the observability of inputs to a fair value measurement may result in a reclassification (transfer) of assets or liabilities between hierarchy levels. Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities follows: Table 68: Fair Value Measurements – Recurring Quantitative Information September 30, 2024 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 4 Discounted cash flow Spread over the benchmark curve (b) 570bps - 1,085bps (980bps) Residential mortgage-backed 628 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (4.2%) Constant default rate 0.0% - 12.0% (1.9%) Loss severity 15.0% - 77.4% (43.2%) Spread over the benchmark curve (b) 247bps weighted-average Asset-backed securities 96 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 8.0% (3.8%) Constant default rate 0.0% - 7.0% (1.5%) Loss severity 35.0% - 100.0% (46.8%) Spread over the benchmark curve (b) 193bps weighted-average Loans - Residential real estate - Uninsured 518 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (57.2%) Loss severity 0.0% - 100.0% (5.1%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 70 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 6.8% weighted-average Loans - Home equity - First-lien 16 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (56.9%) Loss severity 0.0% - 100.0% (12.3%) Discount rate 5.5% - 7.5% (6.1%) Loans - Home equity 80 Consensus pricing (c) Credit and liquidity discount 0.3% - 100.0% (41.0%) Equity investments 2,063 Multiple of adjusted earnings Multiple of earnings 5.5x - 27.0x (10.3x) Residential mortgage servicing rights 2,528 Discounted cash flow Constant prepayment rate 0.0% - 51.6% (7.2%) Spread over the benchmark curve (b) 221bps - 1,732bps (755bps) Commercial mortgage servicing rights 975 Discounted cash flow Constant prepayment rate 4.3% - 9.1% (4.4%) Discount rate 9.0% - 10.9% (10.7%) Financial derivatives - Swaps related to (276) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 1.54 weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q1 2026 Insignificant Level 3 assets, net of 58 Total Level 3 assets, net of liabilities (e) $ 6,760 (Continued from previous page) December 31, 2023 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 11 Discounted cash flow Spread over the benchmark curve (b) 575bps - 3,610bps (1,647bps) Residential mortgage-backed 696 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (3.7%) Constant default rate 0.0% - 12.0% (2.7%) Loss severity 10.0% - 69.0% (41.2%) Spread over the benchmark curve (b) 285bps weighted-average Asset-backed securities 102 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 28.0% (5.1%) Constant default rate 0.0% - 4.3% (1.7%) Loss severity 20.0% - 100.0% (49.5%) Spread over the benchmark curve (b) 248bps weighted-average Loans - Residential real estate - Uninsured 546 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (59.1%) Loss severity 0.0% - 100.0% (5.4%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 75 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 7.8% weighted-average Loans - Home equity - First-lien 18 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (60.9%) Loss severity 0.0% - 100.0% (14.4%) Discount rate 5.5% - 7.5% (6.2%) Loans - Home equity 87 Consensus pricing (c) Credit and liquidity discount 0.3% - 100.0% (43.8%) Equity investments 1,952 Multiple of adjusted earnings Multiple of earnings 4.5x - 26.7x (10.1x) Residential mortgage servicing rights 2,654 Discounted cash flow Constant prepayment rate 0.0% - 33.6% (6.4%) Spread over the benchmark curve (b) 337bps - 1,668bps (765bps) Commercial mortgage servicing rights 1,032 Discounted cash flow Constant prepayment rate 5.3% - 9.7% (5.5%) Discount rate 7.6% - 10.0% (9.6%) Financial derivatives - Swaps related to (145) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 1.59 weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q3 2024 Insignificant Level 3 assets, net of 22 Total Level 3 assets, net of liabilities (e) $ 7,050 (a) Unobservable inputs were weighted by the relative fair value of the instruments. (b) The assumed yield spread over the benchmark curve for each instrument is generally intended to incorporate non-interest rate risks, such as credit and liquidity risks. (c) Consensus pricing refers to fair value estimates that are generally internally developed using information such as dealer quotes or other third-party provided valuations or comparable asset prices. (d) Represents the aggregate amount of Level 3 assets and liabilities measured at fair value on a recurring basis that are individually and in the aggregate insignificant. The amount includes certain financial derivative assets and liabilities, trading securities, other securities, residential mortgage loans held for sale, other assets, other borrowed funds and other liabilities. (e) Consisted of total Level 3 assets of $7.2 billion and total Level 3 liabilities of $0.5 billion as of September 30, 2024 and $7.4 billion and $0.4 billion as of December 31, 2023, respectively. Financial Assets Accounted for at Fair Value on a Nonrecurring Basis We may be required to measure certain financial assets at fair value on a nonrecurring basis. These adjustments to fair value usually result from the application of lower of amortized cost or fair value accounting or write-downs of individual assets due to impairment and are included in Table 69. For more information regarding the valuation methodologies of our financial assets measured at fair value on a nonrecurring basis, see Note 14 Fair Value in our 2023 Form 10-K. Assets measured at fair value on a nonrecurring basis follow: Table 69: Fair Value Measurements – Nonrecurring (a) (b) (c) Fair Value Gains (Losses) Gains (Losses) In millions September 30 December 31 September 30 September 30 September 30 September 30 Assets Nonaccrual loans $ 795 $ 578 $ (180) $ (84) $ (333) $ (260) Equity investments 47 203 1 (15) (1) (19) OREO and foreclosed assets 7 12 (1) (1) (1) Long-lived assets 9 9 (1) (3) (7) (17) Total assets $ 858 $ 802 $ (180) $ (103) $ (342) $ (297) (a) All Level 3 for the periods presented, except for $30 million included in Equity investments which was categorized as Level 1 as of December 31, 2023. (b) Valuation techniques applied were fair value of property or collateral. (c) Unobservable inputs used were appraised value/sales price, broker opinions or projected income/required improvement costs. Additional quantitative information was not meaningful for the periods presented. Financial Instruments Accounted for under Fair Value Option We elect the fair value option to account for certain financial instruments. For more information on these financial instruments for which the fair value option election has been made, see Note 14 Fair Value in our 2023 Form 10-K. Fair values and aggregate unpaid principal balances of items for which we elected the fair value option are as follows: Table 70: Fair Value Option – Fair Value and Principal Balances September 30, 2024 December 31, 2023 In millions Fair Value Aggregate Unpaid Difference Fair Value Aggregate Unpaid Difference Assets Residential mortgage loans held for sale Accruing loans less than 90 days past due $ 623 $ 613 $ 10 $ 432 $ 429 $ 3 Accruing loans 90 days or more past due 6 6 6 6 Nonaccrual loans 29 35 (6) 36 43 (7) Total $ 658 $ 654 $ 4 $ 474 $ 478 $ (4) Commercial mortgage loans held for sale (a) (b) Accruing loans less than 90 days past due $ 77 $ 77 $ 238 $ 228 $ 10 Loans Accruing loans less than 90 days past due $ 505 $ 518 $ (13) $ 507 $ 520 $ (13) Accruing loans 90 days or more past due 118 129 (11) 146 156 (10) Nonaccrual loans 550 735 (185) 585 793 (208) Total $ 1,173 $ 1,382 $ (209) $ 1,238 $ 1,469 $ (231) Other assets $ 113 $ 104 $ 9 $ 85 $ 69 $ 16 Liabilities Other borrowed funds $ 29 $ 30 $ (1) $ 39 $ 40 $ (1) Other liabilities $ 98 $ 98 $ 124 $ 124 (a) There were no accruing loans 90 days or more past due within this category at September 30, 2024 or December 31, 2023. (b) There were no nonaccrual loans within this category at September 30, 2024 or December 31, 2023. The changes in fair value for items for which we elected the fair value option are as follows: Table 71: Fair Value Option – Changes in Fair Value (a) Gains (Losses) Gains (Losses) Three months ended Nine months ended September 30 September 30 September 30 September 30 In millions 2024 2023 2024 2023 Assets Residential mortgage loans held for sale $ 18 $ (3) $ 32 $ 14 Commercial mortgage loans held for sale $ 3 $ 6 $ 12 $ 29 Loans $ 6 $ 8 $ 18 $ 17 Other assets $ 17 $ 20 $ (12) Liabilities Other liabilities $ (3) $ (12) $ (41) (a) The impact on earnings of offsetting hedged items or hedging instruments is not reflected in these amounts. Additional Fair Value Information Related to Financial Instruments Not Recorded at Fair Value The following table presents the carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of all other financial instruments that are not recorded on our Consolidated Balance Sheet at fair value as of September 30, 2024 and December 31, 2023. For more information regarding the methods and assumptions used to estimate the fair values of financial instruments included in Table 72, see Note 14 Fair Value in our 2023 Form 10-K. Table 72: Additional Fair Value Information Related to Other Financial Instruments Carrying Fair Value In millions Amount Total Level 1 Level 2 Level 3 September 30, 2024 Assets Cash and due from banks $ 6,162 $ 6,162 $ 6,162 Interest-earning deposits with banks (a) 35,024 35,024 34,572 $ 452 Securities held to maturity 83,850 81,398 28,682 52,560 $ 156 Net loans (excludes leases) 308,893 304,957 304,957 Other assets 6,219 6,219 6,210 9 Total assets $ 440,148 $ 433,760 $ 69,416 $ 59,222 $ 305,122 Liabilities Time deposits $ 37,394 $ 37,500 $ 37,500 Borrowed funds 66,438 67,371 66,388 $ 983 Unfunded lending related commitments 725 725 725 Other liabilities 1,332 1,332 1,332 Total liabilities $ 105,889 $ 106,928 $ 105,220 $ 1,708 December 31, 2023 Assets Cash and due from banks $ 6,921 $ 6,921 $ 6,921 Interest-earning deposits with banks (a) 43,804 43,804 43,313 $ 491 Securities held to maturity 90,790 86,948 30,943 55,850 $ 155 Net loans (excludes leases) 308,936 299,645 299,645 Other assets 5,872 5,872 5,872 Total assets $ 456,323 $ 443,190 $ 81,177 $ 62,213 $ 299,800 Liabilities Time deposits $ 31,569 $ 31,602 $ 31,602 Borrowed funds 71,816 72,369 71,194 $ 1,175 Unfunded lending related commitments 663 663 663 Other liabilities 1,091 1,091 1,091 Total liabilities $ 105,139 $ 105,725 $ 103,887 $ 1,838 (a) In the second quarter of 2024, we reclassified balances held at the Federal Reserve Bank from Level 2 to Level 1 to align with our updated cash and cash equivalents policy. For additional details, see Note 1 Accounting Policies. The aggregate fair values in Table 72 represent only a portion of the total market value of our assets and liabilities as, in accordance with the guidance related to fair values about financial instruments, we exclude the following: • financial instruments recorded at fair value on a recurring basis (as they are disclosed in Table 66), • investments accounted for under the equity method, • equity securities without a readily determinable fair value that apply for the alternative measurement approach to fair value under ASU 2016-01, • real and personal property, • lease financing, • loan customer relationships, • deposit customer intangibles, • MSRs, • retail branch networks, • fee-based businesses, such as asset management and brokerage, • trademarks and brand names, • trade receivables and payables due in one year or less, • deposit liabilities with no defined or contractual maturities under ASU 2016-01, and • insurance contracts.

Financial Derivatives

Financial Derivatives	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Derivatives	F INANCIAL D ERIVATIVES We use a variety of financial derivatives to both mitigate exposure to market (primarily interest rate) and credit risks inherent in our business activities, as well as to facilitate customer risk management activities. We manage these risks as part of our overall asset and liability management process and through our credit policies and procedures. Derivatives represent contracts between parties that usually require little or no initial net investment and result in one party delivering cash or another type of asset to the other party based on a notional amount and an underlying as specified in the contract. Derivative transactions are often measured in terms of notional amount, but this amount is generally not exchanged and it is not recorded on the balance sheet. The notional amount is the basis to which the underlying is applied to determine required payments under the derivative contract. The underlying is a referenced interest rate, security price, credit spread or other index. Residential and commercial real estate loan commitments associated with loans to be sold also qualify as derivative instruments. For more information regarding derivatives, see Note 1 Accounting Policies and Note 15 Financial Derivatives in our 2023 Form 10-K. The following table presents the notional and gross fair value amounts of all derivative assets and liabilities held by us: Table 73: Total Gross Derivatives (a) September 30, 2024 December 31, 2023 In millions Notional / Asset Fair Liability Fair Notional / Asset Fair Liability Fair Derivatives used for hedging Interest rate contracts: Fair value hedges (d) $ 54,084 $ 32,079 Cash flow hedges (d) 48,847 33,302 Cash flow hedges - other (e) 25,000 $ 349 $ 88 25,000 $ 327 $ 137 Foreign exchange contracts: Net investment hedges 1,212 1 62 1,174 2 Total derivatives designated for hedging $ 129,143 $ 350 $ 150 $ 91,555 $ 327 $ 139 Derivatives not used for hedging Derivatives used for mortgage banking activities (f): Interest rate contracts: Swaps $ 49,343 $ 43,450 Futures (g) 9,863 10,370 Mortgage-backed commitments 4,879 $ 67 $ 60 3,093 $ 66 $ 67 Other 11,058 39 10 15,544 46 22 Total interest rate contracts 75,143 106 70 72,457 112 89 Derivatives used for customer-related activities: Interest rate contracts: Swaps 409,026 1,769 3,094 401,607 1,723 4,228 Futures (g) 133 73 Mortgage-backed commitments 6,543 8 9 2,592 9 25 Other 30,920 118 100 28,489 186 169 Total interest rate contracts 446,622 1,895 3,203 432,761 1,918 4,422 Commodity contracts: Swaps 6,308 383 360 6,714 577 569 Other 9,353 239 238 4,797 188 188 Total commodity contracts 15,661 622 598 11,511 765 757 Foreign exchange contracts and other 38,372 315 257 32,885 295 239 Total derivatives for customer-related activities 500,655 2,832 4,058 477,157 2,978 5,418 Derivatives used for other risk management activities: Foreign exchange contracts and other 11,568 20 349 14,882 12 253 Total derivatives not designated for hedging $ 587,366 $ 2,958 $ 4,477 $ 564,496 $ 3,102 $ 5,760 Total gross derivatives $ 716,509 $ 3,308 $ 4,627 $ 656,051 $ 3,429 $ 5,899 Less: Impact of legally enforceable master netting agreements 1,431 1,431 1,406 1,406 Less: Cash collateral received/paid 761 836 1,126 955 Total derivatives $ 1,116 $ 2,360 $ 897 $ 3,538 (a) Centrally cleared derivatives are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet . (b) Included in Other assets on our Consolidated Balance Sheet. (c) Included in Other liabilities on our Consolidated Balance Sheet. (d) Represents primarily swaps. (e) Represents caps and floors. (f) Includes both residential and commercial mortgage banking activities. (g) Futures contracts are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet. All derivatives are carried on our Consolidated Balance Sheet at fair value. Derivative balances are presented on the Consolidated Balance Sheet on a net basis taking into consideration the effects of legally enforceable master netting agreements and, when appropriate, any related cash collateral exchanged with counterparties. Further discussion regarding the offsetting rights associated with these legally enforceable master netting agreements is included in the Offsetting and Counterparty Credit Risk section of this Note 12. Any nonperformance risk, including credit risk, is included in the determination of the estimated net fair value of the derivatives. Derivatives Designated As Hedging Instruments Certain derivatives used to manage interest rate and foreign exchange risk as part of our asset and liability risk management activities are designated as accounting hedges. Derivatives hedging the risks associated with changes in the fair value of assets or liabilities are considered fair value hedges, derivatives hedging the variability of expected future cash flows are considered cash flow hedges and derivatives hedging a net investment in a foreign subsidiary are considered net investment hedges. Designating derivatives as accounting hedges allows for gains and losses on those derivatives to be recognized in the same period and in the same income statement line item as the earnings impact of the hedged items. Fair Value Hedges We enter into receive-fixed, pay-variable interest rate swaps to hedge changes in the fair value of outstanding fixed-rate debt caused by fluctuations in market interest rates. We also enter into pay-fixed, receive-variable interest rate swaps and zero-coupon swaps to hedge changes in the fair value of fixed rate and zero-coupon investment securities caused by fluctuations in market interest rates. Gains and losses on the interest rate swaps designated in these hedge relationships, along with the offsetting gains and losses on the hedged items attributable to the hedged risk, are recognized in current earnings within the same income statement line item. Cash Flow Hedges We enter into receive-fixed, pay-variable interest rate swaps and interest rate caps and floors to modify the interest rate characteristics of designated commercial loans from variable to fixed in order to reduce the impact of changes in future cash flows due to market interest rate changes. We also periodically enter into forward purchase and sale contracts to hedge the variability of the consideration that will be paid or received related to the purchase or sale of investment securities. The forecasted purchase or sale is consummated upon gross settlement of the forward contract itself. For these cash flow hedges, gains and losses on the hedging instruments are recorded in AOCI and are then reclassified into earnings in the same period the hedged cash flows affect earnings and within the same income statement line as the hedged cash flows. In the 12 months that follow September 30, 2024, we expect to reclassify net derivative losses of $0.5 billion pretax, or $0.4 billion after-tax, from AOCI to interest income for these cash flow hedge strategies. This reclassified amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations and the addition of other hedges subsequent to September 30, 2024. As of September 30, 2024, the maximum length of time over which forecasted transactions are hedged is ten years. Further detail regarding gains (losses) related to our fair value and cash flow hedge derivatives is presented in the following table: Table 74: Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement (a) (b) Location and Amount of Gains (Losses) Recognized in Income Interest Income Interest Expense Noninterest Income In millions Loans Investment Securities Borrowed Funds Other For the three months ended September 30, 2024 Total amounts in the Consolidated Income Statement $ 4,954 $ 1,097 $ 1,182 $ 69 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ 529 $ (1,089) Derivatives $ (521) $ 1,079 Amounts related to interest settlements on derivatives $ 46 $ (195) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (304) $ (9) Other amounts related to interest settlements on derivatives $ 5 For the three months ended September 30, 2023 Total amounts in the Consolidated Income Statement $ 4,643 $ 892 $ 993 $ 94 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (156) $ 416 Derivatives $ 158 $ (421) Amounts related to interest settlements on derivatives $ 8 $ (167) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (418) $ (8) Other amounts related to interest settlements on derivatives $ 32 For the nine months ended September 30, 2024 Total amounts on the Consolidated Income Statement $ 14,615 $ 2,981 $ 3,523 $ 536 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ 637 $ (654) Derivatives $ (632) $ 632 Amounts related to interest settlements on derivatives $ 85 $ (560) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (1,020) $ (24) $ (28) Other amounts related to interest settlements on derivatives $ 47 For the nine months ended September 30, 2023 Total amounts on the Consolidated Income Statement $ 13,424 $ 2,660 $ 2,679 $ 481 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (157) $ 551 Derivatives $ 163 $ (569) Amounts related to interest settlements on derivatives $ 20 $ (427) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (1,108) $ (21) Other amounts related to interest settlements on derivatives $ 87 (a) For all periods presented, there were no components of derivative gains or losses excluded from the assessment of hedge effectiveness for any of the fair value or cash flow hedge strategies. (b) All cash flow and fair value hedge derivatives were interest rate contracts for the periods presented. (c) Includes an insignificant amount of fair value hedge adjustments related to discontinued hedge relationships. (d) Detail regarding the impact of fair value hedge accounting on the carrying value of the hedged items is presented in the following table: Table 75: Hedged Items - Fair Value Hedges September 30, 2024 December 31, 2023 In millions Carrying Value of the Hedged Items Cumulative Fair Carrying Value of the Hedged Items Cumulative Fair Value Investment securities - available for sale (b) $ 19,063 $ 513 $ 2,076 $ (122) Borrowed funds $ 35,469 $ (83) $ 30,503 $ (737) (a) Includes less than $(0.1) billion of fair value hedge adjustments primarily related to discontinued borrowed funds hedge relationships at both September 30, 2024 and December 31, 2023. (b) Carrying value shown represents amortized cost. Net Investment Hedges We enter into foreign currency forward contracts to hedge non-U.S. dollar net investments in foreign subsidiaries against adverse changes in foreign exchange rates. We assess whether the hedging relationship is highly effective in achieving offsetting changes in the value of the hedge and hedged item by qualitatively verifying that the critical terms of the hedge and hedged item match at the inception of the hedging relationship and on an ongoing basis. Net investment hedge derivatives are classified as foreign exchange contracts. There were no components of derivative gains or losses excluded from the assessment of the hedge effectiveness for the periods presented. Net gains (losses) on net investment hedge derivatives recognized in OCI were $(68) million for the three months ended September 30, 2024 compared to $44 million for the three months ended September 30, 2023 and $(59) million for the nine months ended September 30, 2024 compared to $(2) million for the same period in 2023. Derivatives Not Designated As Hedging Instruments For additional information on derivatives not designated as hedging instruments under GAAP, see Note 15 Financial Derivatives in our 2023 Form 10-K. Further detail regarding the gains (losses) on derivatives not designated in hedging relationships is presented in the following table: Table 76: Gains (Losses) on Derivatives Not Designated for Hedging Three months ended September 30 Nine months ended September 30 In millions 2024 2023 2024 2023 Derivatives used for mortgage banking activities: Interest rate contracts (a) $ 203 $ (224) $ 35 $ (301) Derivatives used for customer-related activities: Interest rate contracts (21) 11 (58) 46 Foreign exchange contracts and other 77 31 152 145 Gains from customer-related activities (b) 56 42 94 191 Derivatives used for other risk management activities: Foreign exchange contracts and other (b) (301) 129 (269) (85) Total gains (losses) from derivatives not designated as hedging instruments $ (42) $ (53) $ (140) $ (195) (a) Included in Residential and commercial mortgage noninterest income on our Consolidated Income Statement. (b) Included in Capital markets and advisory and Other noninterest income on our Consolidated Income Statement. Offsetting and Counterparty Credit Risk We generally utilize a net presentation on the Consolidated Balance Sheet for those derivative financial instruments entered into with counterparties under legally enforceable master netting agreements. The master netting agreements reduce credit risk by permitting the closeout netting of all outstanding derivative instruments under the master netting agreement with the same counterparty upon the occurrence of an event of default. The master netting agreement also may require the exchange of cash or marketable securities to collateralize either party’s net position. For additional information on derivative offsetting and counterparty credit risk, see Note 15 Financial Derivatives in our 2023 Form 10-K. Table 77 shows the impact legally enforceable master netting agreements had on our derivative assets and derivative liabilities at September 30, 2024 and December 31, 2023. The table includes cash collateral held or pledged under legally enforceable master netting agreements. The table also includes the fair value of any securities collateral held or pledged under legally enforceable master netting agreements. Cash and securities collateral amounts are included in the table only to the extent of the related net derivative fair values. Table 77: Derivative Assets and Liabilities Offsetting In millions Amounts Offset on the Securities Collateral Held/Pledged Under Master Netting Agreements Gross Fair Value Cash Net Net Amounts September 30, 2024 Derivative assets Interest rate contracts: Over-the-counter cleared $ 11 $ 11 $ 11 Over-the-counter 2,339 $ 944 $ 599 796 $ 1 795 Commodity contracts 622 370 137 115 1 114 Foreign exchange and other contracts 336 117 25 194 194 Total derivative assets $ 3,308 $ 1,431 $ 761 $ 1,116 (a) $ 2 $ 1,114 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 16 $ 16 $ 16 Over-the-counter 3,345 $ 871 $ 785 1,689 $ 40 1,649 Commodity contracts 598 345 8 245 245 Foreign exchange and other contracts 668 215 43 410 410 Total derivative liabilities $ 4,627 $ 1,431 $ 836 $ 2,360 (b) $ 40 $ 2,320 December 31, 2023 Derivative assets Interest rate contracts: Over-the-counter cleared $ 19 $ 19 $ 19 Over-the-counter 2,338 $ 976 $ 767 595 $ 61 534 Commodity contracts 765 316 283 166 5 161 Foreign exchange and other contracts 307 114 76 117 117 Total derivative assets $ 3,429 $ 1,406 $ 1,126 $ 897 (a) $ 66 $ 831 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 36 $ 36 $ 36 Over-the-counter 4,612 $ 885 $ 942 2,785 $ 58 2,727 Commodity contracts 757 332 425 425 Foreign exchange and other contracts 494 189 13 292 292 Total derivative liabilities $ 5,899 $ 1,406 $ 955 $ 3,538 (b) $ 58 $ 3,480 (a) Represents the net amount of derivative assets included in Other assets on our Consolidated Balance Sheet. (b) Represents the net amount of derivative liabilities included in Other liabilities on our Consolidated Balance Sheet. In addition to using master netting agreements and other collateral agreements to reduce credit risk associated with derivative instruments, we also seek to manage credit risk by evaluating credit ratings of counterparties and by using internal credit analysis, limits and monitoring procedures. At September 30, 2024, cash and debt securities (primarily agency mortgage-backed securities) totaling $2.4 billion were pledged to us under master netting agreements and other collateral agreements to collateralize net derivative assets due from counterparties and to meet initial margin requirements, and we pledged cash and debt securities (primarily agency mortgage-backed securities) totaling $2.1 billion under these agreements to collateralize net derivative liabilities owed to counterparties and to meet initial margin requirements. These totals may differ from the amounts presented in the preceding offsetting table because these totals may include collateral exchanged under an agreement that does not qualify as a master netting agreement or because the total amount of collateral pledged exceeds the net derivative fair values with the counterparty as of the balance sheet date due to timing or other factors, such as initial margin. To the extent not netted against the derivative fair values under a master netting agreement, the receivable for cash pledged is included in Other assets and the obligation for cash held is included in Other liabilities on our Consolidated Balance Sheet. Securities pledged to us by counterparties are not recognized on our balance sheet. Likewise, securities we have pledged to counterparties remain on our balance sheet. Credit-Risk Contingent Features Certain derivative agreements contain various credit-risk-related contingent provisions, such as those that require our debt to maintain a specified credit rating from one or more of the major credit rating agencies. If our debt ratings were to fall below such specified ratings, the counterparties to the derivative instruments could request immediate payment or demand immediate and ongoing full collateralization on derivative instruments in net liability positions. The following table presents the aggregate fair value of derivative instruments with credit-risk-related contingent features, the associated collateral posted in the normal course of business and the maximum amount of collateral we would be required to post if the credit-risk-related contingent features underlying these agreements had been triggered on September 30, 2024 and December 31, 2023. Table 78: Credit-Risk Contingent Features In billions September 30, 2024 December 31, 2023 Net derivative liabilities with credit-risk contingent features $ 3.1 $ 4.2 Less: Collateral posted 0.9 1.0 Maximum additional amount of collateral exposure $ 2.2 $ 3.2

Legal Proceedings

Legal Proceedings	9 Months Ended
	Sep. 30, 2024
Legal Proceedings [Abstract]
Legal Proceedings	L EGAL P ROCEEDINGS We establish accruals for legal proceedings, including litigation and regulatory and governmental investigations and inquiries, when information related to the loss contingencies represented by those matters indicates both that a loss is probable and that the amount of loss can be reasonably estimated. Any such accruals are adjusted thereafter as appropriate to reflect changed circumstances. When we are able to do so, we also determine estimates of reasonably possible losses or ranges of reasonably possible losses, whether in excess of any related accrued liability or where there is no accrued liability, for disclosed legal proceedings (“Disclosed Matters,” which are those matters disclosed in Note 20 Legal Proceedings in our 2023 Form 10-K and in Note 13 Legal Proceedings in our first and second quarter 2024 Form 10-Qs (such prior disclosure referred to as “Prior Disclosure”)). For Disclosed Matters where we are able to estimate such possible losses or ranges of possible losses, as of September 30, 2024, we estimate that it is reasonably possible that we could incur losses in excess of related accrued liabilities, if any, in an aggregate amount less than $300 million. The estimates included in this amount are based on our analysis of currently available information and are subject to significant judgment and a variety of assumptions and uncertainties. As new information is obtained we may change our estimates. Due to the inherent subjectivity of the assessments and unpredictability of outcomes of legal proceedings, any amounts accrued or included in this aggregate amount may not represent the ultimate loss to us from the legal proceedings in question. Thus, our exposure and ultimate losses may be higher, and possibly significantly so, than the amounts accrued or this aggregate amount. As a result of the types of factors described in Note 20 Legal Proceedings in our 2023 Form 10-K, we are unable, at this time, to estimate the losses that are reasonably possible to be incurred or ranges of such losses with respect to some of the Disclosed Matters, and the aggregate estimated amount provided above does not include an estimate for every Disclosed Matter. Therefore, as the estimated aggregate amount disclosed above does not include all of the Disclosed Matters, the amount disclosed above does not represent our maximum reasonably possible loss exposure for all of the Disclosed Matters. The estimated aggregate amount also does not reflect any of our exposure to matters not so disclosed, as discussed below under “Other.” We include in some of the descriptions of individual Disclosed Matters certain quantitative information related to the plaintiff’s claim against us as alleged in the plaintiff’s pleadings or other public filings or otherwise publicly available information. While information of this type may provide insight into the potential magnitude of a matter, it does not necessarily represent our estimate of reasonably possible loss or our judgment as to any currently appropriate accrual. Some of our exposure in Disclosed Matters may be offset by applicable insurance coverage. We do not consider the possible availability of insurance coverage in determining the amounts of any accruals (although we would record the amount of related insurance recoveries that are deemed probable up to the amount of the accrual) or in determining any estimates of possible losses or ranges of possible losses. Regulatory and Governmental Inquiries We are the subject of investigations, audits, examinations and other forms of regulatory and governmental inquiry covering a broad range of issues in our consumer, mortgage, brokerage, securities and other financial services businesses, as well as other aspects of our operations. In some cases, these inquiries are part of reviews of specified activities at multiple industry participants; in others, they are directed at PNC individually. From time to time, these inquiries have involved and may in the future involve or lead to regulatory enforcement actions and other administrative proceedings. These inquiries have also led to and may in the future lead to civil or criminal judicial proceedings. Some of these inquiries result in remedies including fines, penalties, restitution, or alterations in our business practices, and in additional expenses and collateral costs and other consequences. Such remedies and other consequences typically have not been material to us from a financial standpoint, but could be in the future. Even if not financially material, they may result in significant reputational harm or other adverse consequences. Our practice is to cooperate fully with regulatory and governmental investigations, audits and other inquiries. Other In addition to the proceedings or other matters described in Prior Disclosure, PNC and persons to whom we may have indemnification obligations, in the normal course of business, are subject to various other pending and threatened legal proceedings in which claims for monetary damages and other relief are asserted. We do not anticipate, at the present time, that the ultimate aggregate liability, if any, arising out of such other legal proceedings will have a material adverse effect on our financial position. However, we cannot now determine whether or not any claims asserted against us or others to whom we may have indemnification obligations, whether in the proceedings or other matters described above or otherwise, will have a material adverse effect on our results of operations in any future reporting period, which will depend on, among other things, the amount of the loss resulting from the claim and the amount of income otherwise reported for the reporting period.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Reporting	S EGMENT R EPORTING We have three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group: Retail Banking provides deposit, lending, brokerage, insurance services, investment management and cash management products and services to consumer and small business customers who are serviced through our coast-to-coast branch network, digital channels, ATMs, or through our phone-based customer contact centers. Deposit products include checking, savings and money market accounts and time deposits. Lending products include residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans and personal and small business loans and lines of credit. The residential mortgage loans are directly originated within our branch network and nationwide, and are typically underwritten to agency and/or third-party standards, and either sold, servicing retained or held on our balance sheet. Brokerage, investment management and cash management products and services include managed, education, retirement and trust accounts. Corporate & Institutional Banking provides lending, treasury management, capital markets and advisory products and services to mid-sized and large corporations and government and not-for-profit entities. Lending products include secured and unsecured loans, letters of credit and equipment leases. The Treasury Management business provides corporations with cash and investment management services, receivables and disbursement management services, funds transfer services and access to online/mobile information management and reporting services. Capital markets and advisory includes services and activities primarily related to merger and acquisitions advisory, equity capital markets advisory, asset-backed financing, loan syndication, securities underwriting and customer-related trading. We also provide commercial loan servicing and technology solutions for the commercial real estate finance industry. Products and services are provided nationally. Asset Management Group provides private banking for high net worth and ultra high net worth clients and institutional asset management. The Asset Management group is composed of two operating units: • PNC Private Bank provides products and services to emerging affluent, high net worth and ultra high net worth individuals and their families including investment and retirement planning, customized investment management, credit and cash management solutions, trust management and administration. In addition, multi-generational family planning services are also provided to ultra high net worth individuals and their families, which include estate, financial, tax, fiduciary and customized performance reporting through PNC Private Bank Hawthorn. • Institutional Asset Management provides outsourced chief investment officer, custody, cash and fixed income client solutions and retirement plan fiduciary investment services to institutional clients including corporations, healthcare systems, insurance companies, unions, municipalities and non-profits. The remaining corporate operations are reflected in Other: Other includes residual activities that do not meet the criteria for disclosure as a separate reportable business, such as asset and liability management activities including net securities gains or losses, ACL for investment securities, certain trading activities, certain runoff consumer loan portfolios, private equity investments, intercompany eliminations, corporate overhead net of allocations, tax adjustments that are not allocated to business segments, exited businesses and the residual impact from FTP operations. Other earnings declined in both the quarterly and year-to-date comparisons. Amounts for the third quarter of 2024 were driven by the residual impacts from FTP due to the interest rate environment. Other earnings for the first nine months of 2024 also included the loss related to the repositioning of the investment securities portfolio, along with expenses related to the increase in the FDIC's expected losses and a PNC Foundation contribution Basis of Presentation Results of individual businesses are presented based on our internal management reporting practices. There is no comprehensive, authoritative body of guidance for management accounting equivalent to GAAP; therefore, the financial results of our individual businesses are not necessarily comparable with similar information for any other company. We periodically refine our internal methodologies as management reporting practices are enhanced. To the extent significant and practicable, retrospective application of new methodologies is made to prior period reportable business segment results and disclosures to create comparability with the current period. Funds Transfer Pricing Net interest income in business segment results reflects our internal FTP methodology, which is designed to consider interest rate and liquidity risks. Under our methodology, assets receive a funding charge while liabilities and capital receive a funding credit based on market interest rates, product characteristics and other factors. Our FTP framework considers the application of funding curves and methodologies consistently across the balance sheet. A residual gain or loss from FTP operations is retained within Other. This residual gain or loss is reviewed by management quarterly, in accordance with the interagency guidance of the FDIC, Federal Reserve and OCC. Segment Allocations Financial results are presented, to the extent practicable, as if each business operated on a standalone basis, and includes expense allocations for corporate overhead services used by the business segments. Certain costs are retained within Other. These costs are not allocated to our business segments because they (i) are transitory or highly irregular in nature, (ii) exist solely to support corporate activities unrelated to business segment operations, or (iii) reflect residual costs for an exited business. During the first nine months of 2024, Other noninterest expense for the Other category included expenses related to the increase in the FDIC’s expected losses, as well as a PNC Foundation contribution. These costs were not allocated to our business segments as the FDIC special assessment expense was irregular in nature, and the contribution expense supported corporate activities. We have allocated the ALLL and the allowance for unfunded lending related commitments based on the loan exposures within each business segment’s portfolio. Business Segment Results Table 79: Results of Businesses Three months ended September 30 Retail Banking Corporate & Asset Other Consolidated (a) 2024 Income Statement Net interest income $ 2,783 $ 1,588 $ 161 $ (1,122) $ 3,410 Noninterest income 701 1,030 242 49 2,022 Total revenue 3,484 2,618 403 (1,073) 5,432 Provision for (recapture of) credit losses 111 134 (2) 243 Depreciation and amortization 78 50 6 147 281 Other noninterest expense 1,764 900 264 118 3,046 Income (loss) before income taxes (benefit) and noncontrolling interests 1,531 1,534 135 (1,338) 1,862 Income taxes (benefit) 358 332 31 (364) 357 Net income (loss) 1,173 1,202 104 (974) 1,505 Less: Net income attributable to noncontrolling interests 9 5 1 15 Net income (loss) excluding noncontrolling interests $ 1,164 $ 1,197 $ 104 $ (975) $ 1,490 Average Assets $ 114,257 $ 227,277 $ 16,928 $ 211,051 $ 569,513 2023 Income Statement Net interest income $ 2,576 $ 1,390 $ 139 $ (687) $ 3,418 Noninterest income 784 835 223 (27) 1,815 Total revenue 3,360 2,225 362 (714) 5,233 Provision for (recapture of) credit losses 42 102 (4) (11) 129 Depreciation and amortization 80 52 9 144 285 Other noninterest expense 1,796 843 262 59 2,960 Income (loss) before income taxes (benefit) and noncontrolling interests 1,442 1,228 95 (906) 1,859 Income taxes (benefit) 337 263 22 (333) 289 Net income (loss) 1,105 965 73 (573) 1,570 Less: Net income attributable to noncontrolling interests 11 5 16 Net income (loss) excluding noncontrolling interests $ 1,094 $ 960 $ 73 $ (573) $ 1,554 Average Assets $ 114,724 $ 230,082 $ 16,161 $ 193,996 $ 554,963 (Continued from previous page) Nine months ended September 30 Retail Corporate & Asset Other Consolidated (a) 2024 Income Statement Net interest income $ 8,109 $ 4,639 $ 481 $ (3,253) $ 9,976 Noninterest income 2,874 2,860 707 (429) 6,012 Total revenue 10,983 7,499 1,188 (3,682) 15,988 Provision for (recapture of) credit losses 256 409 (5) (27) 633 Depreciation and amortization 237 151 22 436 846 Other noninterest expense 5,283 2,632 774 483 9,172 Income (loss) before income taxes (benefit) and noncontrolling interests 5,207 4,307 397 (4,574) 5,337 Income taxes (benefit) 1,215 928 93 (1,225) 1,011 Net income (loss) 3,992 3,379 304 (3,349) 4,326 Less: Net income attributable to noncontrolling interests 28 15 4 47 Net income (loss) excluding noncontrolling interests $ 3,964 $ 3,364 $ 304 $ (3,353) $ 4,279 Average Assets $ 114,522 $ 228,518 $ 16,891 $ 205,215 $ 565,146 2023 Income Statement Net interest income $ 7,305 $ 4,122 $ 391 $ (1,305) $ 10,513 Noninterest income 2,229 2,542 681 164 5,616 Total revenue 9,534 6,664 1,072 (1,141) 16,129 Provision for (recapture of) credit losses 266 283 (5) (34) 510 Depreciation and amortization 239 159 22 430 850 Other noninterest expense 5,468 2,596 809 215 9,088 Income (loss) before income taxes (benefit) and noncontrolling interests 3,561 3,626 246 (1,752) 5,681 Income taxes (benefit) 834 775 58 (750) 917 Net income (loss) 2,727 2,851 188 (1,002) 4,764 Less: Net income attributable to noncontrolling interests 32 15 3 50 Net income (loss) excluding noncontrolling interests $ 2,695 $ 2,836 $ 188 $ (1,005) $ 4,714 Average Assets $ 114,975 $ 232,914 $ 15,578 $ 194,107 $ 557,574 (a) There were no material intersegment revenues for the three and nine months ended September 30, 2024 and 2023.

Fee-Based Revenue from Contract

Fee-Based Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Fee-Based Revenue from Contracts with Customers	F EE - BASED R EVENUE FROM C ONTRACTS WITH C USTOMERS As more fully described in Note 23 Fee-based Revenue from Contracts with Customers in our 2023 Form 10-K, a subset of our noninterest income relates to certain fee-based revenue within the scope of ASC Topic 606 - Revenue from Contracts with Customers (Topic 606). Fee-based revenue within the scope of Topic 606 is recognized within our three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group. Interest income, income from lease contracts, fair value gains from financial instruments (including derivatives), income from mortgage servicing rights and guarantee products, letter of credit fees, non-refundable fees associated with acquiring or originating a loan and gains from the sale of financial assets are outside of the scope of Topic 606. Table 80 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments’ principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment’s principal products and services, see Note 23 Fee-based Revenue from Contracts with Customers in our 2023 Form 10-K. Table 80: Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income Three Months Ended Three Months Ended Retail Banking Corporate & Asset Management Group Retail Banking Corporate & Asset Management Group Asset management and brokerage Asset management fees $ 238 $ 217 Brokerage fees $ 145 $ 129 2 Total asset management and brokerage 145 238 129 219 Card and cash management Treasury management fees 10 $ 372 10 $ 351 Debit card fees 177 175 Net credit card fees (a) 46 54 Merchant services 40 18 42 20 Other 23 24 Total card and cash management 296 390 305 371 Lending and deposit services Deposit account fees 166 170 Other 19 7 18 8 Total lending and deposit services 185 7 188 8 Residential and commercial mortgage (b) 32 32 Capital markets and advisory 261 124 Other 16 22 Total in-scope noninterest income 626 706 238 622 557 219 Out-of-scope noninterest income (c) 75 324 4 162 278 4 Noninterest income by business segment $ 701 $ 1,030 $ 242 $ 784 $ 835 $ 223 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 1,570 $ 1,398 Out-of-scope business segment noninterest income (c) 403 444 Noninterest income from Other (d) 49 (27) Noninterest income as shown on the Consolidated Income Statement $ 2,022 $ 1,815 (Continued from previous page) Nine Months Ended Nine Months Ended Retail Banking Corporate & Asset Retail Banking Corporate & Asset Asset management and brokerage Asset management fees $ 694 $ 663 Brokerage fees $ 417 $ 383 6 Total asset management and brokerage 417 694 383 669 Card and cash management Treasury management fees 31 $ 1,100 31 $ 1,024 Debit card fees 520 518 Net credit card fees (a) 149 173 Merchant services 118 56 126 58 Other 67 73 Total card and cash management 885 1,156 921 1,082 Lending and deposit services Deposit account fees 479 476 Other 54 24 54 24 Total lending and deposit services 533 24 530 24 Residential and commercial mortgage (b) 90 114 Capital markets and advisory 644 410 Other 44 44 Total in-scope noninterest income 1,835 1,958 694 1,834 1,674 669 Out-of-scope noninterest income (c) 1,039 902 13 395 868 12 Noninterest income by business segment $ 2,874 $ 2,860 $ 707 $ 2,229 $ 2,542 $ 681 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 4,487 $ 4,177 Out-of-scope business segment noninterest income (c) 1,954 1,275 Noninterest income from Other (d) (429) 164 Noninterest income as shown on the Consolidated Income Statement $ 6,012 $ 5,616 (a) Net credit card fees consist of interchange fees of $167 million and $169 million and credit card reward costs totaled $121 million and $115 million for the three months ended September 30, 2024 and 2023, respectively. Net credit card fees consist of interchange fees of $496 million and $502 million and credit card reward costs of $347 million and $329 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment. (c) Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606. (d)

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	S UBSEQUENT E VENTS On October 21, 2024, the parent company issued $1.5 billion of senior fixed-to-floating rate notes with a maturity date of October 21, 2032 (the “2032 Senior Notes”). Interest is payable on the 2032 Senior Notes semi-annually in arrears at a fixed rate of 4.812% per annum, on April 21 and October 21 of each year, beginning on April 21, 2025. Beginning on October 21, 2031, interest is payable on the 2032 Senior Notes quarterly in arrears at a floating rate per annum equal to Compounded SOFR (determined with respect to each quarterly interest period using the SOFR Index as described in the Prospectus Supplement), plus 1.259%, on January 21, 2032, April 21, 2032, July 21, 2032 and at the maturity date. On October 22, 2024, PNC announced the redemption on November 4, 2024 of all of the outstanding senior floating rate bank notes due December 2, 2024 issued by PNC Bank, National Association in the amount of $200 million. The securities had an original scheduled maturity date of December 2, 2024. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date. On October 28, 2024, PNC redeemed all outstanding senior fixed-to-floating rate notes due October 28, 2025 issued by PNC in the amount of $1.0 billion. The securities had an original scheduled maturity date of October 28, 2025. The redemption price was equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date. On October 30, 2024, PNC announced the redemption on December 2, 2024 of $500 million of depositary shares representing interests in PNC’s fixed-to-floating rate non-cumulative perpetual preferred stock, Series R. Each depositary share represents a 1/100th interest in a share of the Series R preferred stock. The depositary shares will be redeemed at a redemption price of $1,000 per depositary share. Such redemption price does not include the regular quarterly dividend on the depositary shares that was separately declared and will be paid separately on December 2, 2024 to holders of record on the record date for such dividend payment in the customary manner. All 500,000 depositary shares outstanding will be redeemed.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation Our consolidated financial statements include the accounts of the parent company and its subsidiaries, most of which are wholly-owned, certain partnership interests and VIEs. We prepared these consolidated financial statements in accordance with GAAP. We have eliminated intercompany accounts and transactions. We have also reclassified certain prior-year amounts to conform to the current period presentation, which did not have a material impact on our consolidated financial condition or results of operations. Effective for the second quarter of 2024, we updated our policy to classify Interest-earning deposits with banks as Cash and cash equivalents on the Consolidated Statement of Cash Flows when reconciling Cash and due from banks and restricted cash. In our opinion, the unaudited interim consolidated financial statements reflect all normal, recurring adjustments needed to state fairly our results for the interim periods. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. We have also considered the impact of subsequent events on these consolidated financial statements through the date of issuance of the consolidated financials. When preparing these unaudited interim consolidated financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2023 Form 10-K. Reference is made to Note 1 Accounting Policies in our 2023 Form 10-K for a detailed description of significant accounting policies. These interim consolidated financial statements serve to update our 2023 Form 10-K and may not include all information and Notes necessary to constitute a complete set of financial statements.
Use of Estimates	Use of Estimates We prepared these consolidated financial statements using financial information available at the time of preparation, which requires us to make estimates and assumptions that affect the amounts reported. Our most significant estimates pertain to the ACL and our fair value measurements. Actual results may differ from the estimates, and the differences may be material to the consolidated financial statements.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash Cash and due from banks are considered cash and cash equivalents for financial reporting purposes because they represent a source of liquidity. Certain cash balances within Cash and due from banks on our Consolidated Balance Sheet are restricted as to withdrawal or usage by legally binding contractual agreements or regulatory requirements.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investment Securities Summary	The following table summarizes our available for sale and held to maturity portfolios by major security type: Table 35: Investment Securities Summary (a)(b) September 30, 2024 December 31, 2023 In millions Amortized Unrealized Fair Amortized Unrealized Fair Gains Losses Gains Losses Securities Available for Sale U.S. Treasury and government agencies $ 22,955 $ 106 $ (422) $ 22,639 $ 7,596 $ 22 $ (667) $ 6,951 Residential mortgage-backed Agency 31,666 126 (2,131) 29,661 30,643 46 (2,809) 27,880 Non-agency 517 116 (5) 628 585 118 (7) 696 Commercial mortgage-backed Agency 1,980 5 (93) 1,892 1,680 1 (135) 1,546 Non-agency 752 (18) 734 913 1 (45) 869 Asset-backed 2,229 61 (1) 2,289 1,092 25 (1) 1,116 Other 2,551 44 (100) 2,495 2,844 44 (161) 2,727 Total securities available for sale $ 62,650 $ 458 $ (2,770) $ 60,338 $ 45,353 $ 257 $ (3,825) $ 41,785 Securities Held to Maturity U.S. Treasury and government agencies $ 33,824 $ 24 $ (602) $ 33,246 $ 36,529 $ 9 $ (1,141) $ 35,397 Residential mortgage-backed Agency 40,983 179 (2,090) 39,072 42,686 92 (2,733) 40,045 Non-agency 245 (10) 235 259 (17) 242 Commercial mortgage-backed Agency 972 17 (12) 977 939 9 (23) 925 Non-agency 1,006 3 (10) 999 1,373 2 (27) 1,348 Asset-backed 4,006 45 (11) 4,040 5,890 17 (39) 5,868 Other 2,809 44 (24) 2,829 3,108 50 (35) 3,123 Total securities held to maturity (d) $ 83,845 $ 312 $ (2,759) $ 81,398 $ 90,784 $ 179 $ (4,015) $ 86,948 (a) At September 30, 2024, the accrued interest associated with our held to maturity and available for sale portfolios totaled $234 million and $247 million, respectively. The comparable amounts at December 31, 2023 were $281 million and $144 million, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (b) Credit ratings represent a primary credit quality indicator used to monitor and manage credit risk. Of our total securities portfolio, 97% were rated AAA/AA at both September 30, 2024 and December 31, 2023. (c) Amortized cost is presented net of allowance of $88 million for securities available for sale, primarily related to non-agency commercial mortgage-backed securities, and $5 million for securities held to maturity at September 30, 2024. The comparable amounts at December 31, 2023 were $86 million and $6 million, respectively. (d) Held to maturity securities transferred from available for sale are included in held to maturity at fair value at the time of the transfer. The amortized cost of held to maturity securities included net unrealized losses of $3.6 billion at September 30, 2024 related to securities transferred, which are offset in AOCI, net of tax. The comparable amount at December 31, 2023 was $4.2 billion.
Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses	Table 36: Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses Unrealized loss position Unrealized loss position Total In millions Unrealized Fair Unrealized Fair Unrealized Fair September 30, 2024 U.S. Treasury and government agencies $ (37) $ 11,531 $ (385) $ 1,962 $ (422) $ 13,493 Residential mortgage-backed Agency (1) 577 (2,130) 21,064 (2,131) 21,641 Non-agency (3) 52 (3) 52 Commercial mortgage-backed Agency (1) 240 (92) 1,432 (93) 1,672 Non-agency (18) 600 (18) 600 Asset-backed (1) 8 (1) 8 Other (80) 1,790 (80) 1,790 Total securities available for sale $ (39) $ 12,348 $ (2,709) $ 26,908 $ (2,748) $ 39,256 December 31, 2023 U.S. Treasury and government agencies $ (666) $ 6,035 $ (666) $ 6,035 Residential mortgage-backed Agency $ (4) $ 1,015 (2,805) 24,306 (2,809) 25,321 Non-agency (1) 15 (4) 84 (5) 99 Commercial mortgage-backed Agency (135) 1,495 (135) 1,495 Non-agency (45) 731 (45) 731 Asset-backed (1) 9 (1) 9 Other (3) 78 (136) 2,106 (139) 2,184 Total securities available for sale $ (8) $ 1,108 $ (3,792) $ 34,766 $ (3,800) $ 35,874
Gains (Losses) on Sales Of Securities Available for Sale	Information related to gross realized securities gains and losses from the sales of securities is set forth in the following table: Table 37: Gains (Losses) on Sales of Securities Available for Sale Nine months ended September 30 In millions Gross Gains Gross Losses Net Gains (Losses) Tax Expense (Benefit) 2024 $ 2 $ (500) $ (498) $ (105) 2023 $ (2) $ (2)
Contractual Maturity of Securities	The following table presents, by remaining contractual maturity, the amortized cost, fair value and weighted-average yield of debt securities at September 30, 2024: Table 38: Contractual Maturity of Debt Securities September 30, 2024 1 Year or Less After 1 Year After 5 Years After 10 Total Securities Available for Sale U.S. Treasury and government agencies $ 507 $ 8,700 $ 11,291 $ 2,457 $ 22,955 Residential mortgage-backed Agency 1 218 3,323 28,124 31,666 Non-agency 17 500 517 Commercial mortgage-backed Agency 72 953 626 329 1,980 Non-agency 1 103 86 562 752 Asset-backed 750 318 1,161 2,229 Other 375 1,753 283 140 2,551 Total securities available for sale at amortized cost $ 956 $ 12,477 $ 15,944 $ 33,273 $ 62,650 Fair value $ 953 $ 12,432 $ 15,760 $ 31,193 $ 60,338 Weighted-average yield, GAAP basis (a) 3.34 % 3.61 % 4.15 % 3.59 % 3.73 % Securities Held to Maturity U.S. Treasury and government agencies $ 10,401 $ 20,906 $ 1,640 $ 877 $ 33,824 Residential mortgage-backed Agency 8 295 40,680 40,983 Non-agency 245 245 Commercial mortgage-backed Agency 180 582 210 972 Non-agency 46 960 1,006 Asset-backed 17 1,081 1,716 1,192 4,006 Other 325 829 371 1,284 2,809 Total securities held to maturity at amortized cost $ 10,743 $ 23,050 $ 4,604 $ 45,448 $ 83,845 Fair value $ 10,690 $ 22,663 $ 4,532 $ 43,513 $ 81,398 Weighted-average yield, GAAP basis (a) 1.30 % 1.51 % 3.51 % 2.95 % 2.37 % (a) Weighted-average yields are based on amortized cost with effective yields weighted for the contractual maturity of each security. Actual maturities and yields may differ as certain securities may be prepaid.
Fair Value of Securities Pledged and Accepted as Collateral	The following table presents the fair value of securities that have been either pledged to or accepted from others to collateralize outstanding borrowings: Table 39: Fair Value of Securities Pledged and Accepted as Collateral In millions September 30, 2024 December 31, 2023 Pledged to others $ 71,329 $ 29,878 Accepted from others: Permitted by contract or custom to sell or repledge $ 1,454 $ 755 Permitted amount repledged to others $ 1,454 $ 755

Loans and Related Allowance f_2

Loans and Related Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Summary of the Classification of Portfolio Segments	Commercial Consumer • Commercial and industrial • Residential real estate • Commercial real estate • Home equity • Equipment lease financing • Automobile • Credit card • Education • Other consumer
Analysis of Loan Portfolio	Table 40 presents the composition and delinquency status of our loan portfolio at September 30, 2024 and December 31, 2023. Loan delinquencies include government insured or guaranteed loans and loans accounted for under the fair value option. Table 40: Analysis of Loan Portfolio (a) (b) Accruing Dollars in millions Current or Less 30-59 60-89 90 Days Total Nonperforming Fair Value Total Loans September 30, 2024 Commercial Commercial and industrial $ 177,926 $ 106 $ 40 $ 97 $ 243 $ 722 $ 178,891 Commercial real estate 34,102 9 9 993 35,104 Equipment lease financing 6,678 22 12 34 14 6,726 Total commercial 218,706 137 52 97 286 1,729 220,721 Consumer Residential real estate 45,719 238 85 179 502 (c) 265 $ 486 46,972 Home equity 25,341 65 27 92 473 64 25,970 Automobile 14,937 81 21 6 108 90 15,135 Credit card 6,639 55 39 79 173 15 6,827 Education 1,611 26 16 40 82 (c) 1,693 Other consumer 4,025 12 12 8 32 6 4,063 Total consumer 98,272 477 200 312 989 849 550 100,660 Total $ 316,978 $ 614 $ 252 $ 409 $ 1,275 $ 2,578 $ 550 $ 321,381 Percentage of total loans 98.63 % 0.19 % 0.08 % 0.13 % 0.40 % 0.80 % 0.17 % 100.00 % December 31, 2023 Commercial Commercial and industrial $ 176,796 $ 104 $ 45 $ 76 $ 225 $ 559 $ 177,580 Commercial real estate 34,685 7 9 16 735 35,436 Equipment lease financing 6,480 41 8 49 13 6,542 Total commercial 217,961 152 53 85 290 1,307 219,558 Consumer Residential real estate 46,159 282 101 192 575 (c) 294 $ 516 47,544 Home equity 25,533 63 27 90 458 69 26,150 Automobile 14,638 91 20 7 118 104 14,860 Credit card 6,991 54 39 86 179 10 7,180 Education 1,850 27 19 49 95 (c) 1,945 Other consumer 4,227 16 11 10 37 7 4,271 Total consumer 99,398 533 217 344 1,094 873 585 101,950 Total $ 317,359 $ 685 $ 270 $ 429 $ 1,384 $ 2,180 $ 585 $ 321,508 Percentage of total loans 98.71 % 0.21 % 0.08 % 0.13 % 0.43 % 0.68 % 0.18 % 100.00 % (a) Amounts in table represent loans held for investment and do not include any associated ALLL. (b) The accrued interest associated with our loan portfolio totaled $1.4 billion and $1.5 billion at September 30, 2024 and December 31, 2023, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (c) Past due loan amounts include government insured or guaranteed residential real estate loans and education loans totaling $0.2 billion and $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.3 billion and $0.1 billion, respectively. (d) Consumer loans accounted for under the fair value option for which we do not expect to collect substantially all principal and interest are subject to nonaccrual accounting and classification upon meeting any of our nonaccrual policy criteria. Given that these loans are not accounted for at amortized cost, they have been excluded from the nonperforming loan population. (e) Includes unearned income, unamortized deferred fees and costs on originated loans and premiums or discounts on purchased loans totaling $0.9 billion and $1.0 billion at September 30, 2024 and December 31, 2023, respectively. (f) Collateral dependent loans totaled $1.9 billion and $1.4 billion at September 30, 2024 and December 31, 2023, respectively.
Nonperforming Assets	The following table presents our nonperforming assets as of September 30, 2024 and December 31, 2023: Table 41: Nonperforming Assets Dollars in millions September 30, 2024 December 31, 2023 Nonperforming loans Commercial $ 1,729 $ 1,307 Consumer (a) 849 873 Total nonperforming loans (b) 2,578 2,180 OREO and foreclosed assets 31 36 Total nonperforming assets $ 2,609 $ 2,216 Nonperforming loans to total loans 0.80 % 0.68 % Nonperforming assets to total loans, OREO and foreclosed assets 0.81 % 0.69 % Nonperforming assets to total assets 0.46 % 0.39 % (a) Excludes most unsecured consumer loans and lines of credit, which are charged off after 120 to 180 days past due and are not placed on nonperforming status. (b)
Credit Quality Indicators By Loan Class	The following table presents credit quality indicators for our commercial loan classes: Table 42: Commercial Credit Quality Indicators (a) Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 16,786 $ 16,119 $ 18,362 $ 5,682 $ 4,954 $ 12,864 $ 92,692 $ 600 $ 168,059 Criticized 484 1,079 2,257 726 166 726 5,330 64 10,832 Total commercial and industrial loans 17,270 17,198 20,619 6,408 5,120 13,590 98,022 664 178,891 Gross charge-offs (b) 16 (c) 23 43 22 4 4 86 52 250 Commercial real estate Pass Rated 1,717 5,419 7,664 2,514 1,763 10,273 390 9 29,749 Criticized 98 253 1,901 498 453 2,082 19 51 5,355 Total commercial real estate loans 1,815 5,672 9,565 3,012 2,216 12,355 409 60 35,104 Gross charge-offs (b) 5 2 1 263 271 Equipment lease financing Pass Rated 1,267 1,318 1,206 544 538 1,496 6,369 Criticized 46 105 82 61 27 36 357 Total equipment lease financing loans 1,313 1,423 1,288 605 565 1,532 6,726 Gross charge-offs (b) 5 8 4 3 5 25 Total commercial loans $ 20,398 $ 24,293 $ 31,472 $ 10,025 $ 7,901 $ 27,477 $ 98,431 $ 724 $ 220,721 Total commercial gross charge-offs $ 16 $ 33 $ 51 $ 28 $ 8 $ 272 $ 86 $ 52 $ 546 Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 23,019 $ 26,657 $ 7,562 $ 5,783 $ 4,110 $ 11,982 $ 88,467 $ 573 $ 168,153 Criticized 838 1,781 739 331 281 698 4,708 51 9,427 Total commercial and industrial loans 23,857 28,438 8,301 6,114 4,391 12,680 93,175 624 177,580 Gross charge-offs (b) 25 (c) 32 33 8 3 26 105 12 244 Commercial real estate Pass Rated 4,182 8,571 2,986 2,190 4,887 7,411 383 30,610 Criticized 155 1,300 455 490 622 1,753 51 4,826 Total commercial real estate loans 4,337 9,871 3,441 2,680 5,509 9,164 434 35,436 Gross charge-offs (b) 12 31 137 180 Equipment lease financing Pass Rated 1,522 1,424 689 690 452 1,378 6,155 Criticized 90 81 81 51 35 49 387 Total equipment lease financing loans 1,612 1,505 770 741 487 1,427 6,542 Gross charge-offs (b) 4 4 4 4 1 1 18 Total commercial loans $ 29,806 $ 39,814 $ 12,512 $ 9,535 $ 10,387 $ 23,271 $ 93,609 $ 624 $ 219,558 Total commercial gross charge-offs $ 29 $ 36 $ 37 $ 24 $ 35 $ 164 $ 105 $ 12 $ 442 (a) Loans in our commercial portfolio are classified as Pass Rated or Criticized based on the regulatory definitions, which are driven by the PD and LGD ratings that we assign. The Criticized classification includes loans that were rated special mention, substandard or doubtful as of September 30, 2024 and December 31, 2023. (b) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (c) Includes charge-offs of deposit overdrafts. The following table presents credit quality indicators for our residential real estate and home equity loan classes: Table 43: Credit Quality Indicators for Residential Real Estate and Home Equity Loan Classes Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 5 $ 68 $ 113 $ 59 $ 23 $ 31 $ 299 Greater than or equal to 80% to 100% 608 633 963 581 176 134 3,095 Less than 80% 1,582 4,084 8,551 14,187 6,206 8,294 42,904 No LTV available 36 11 3 50 Government insured or guaranteed loans 17 22 16 67 502 624 Total residential real estate loans $ 2,195 $ 4,838 $ 9,649 $ 14,854 $ 6,472 $ 8,964 $ 46,972 Updated FICO scores Greater than or equal to 780 $ 1,302 $ 3,337 $ 7,639 $ 11,832 $ 4,726 $ 5,042 $ 33,878 720 to 779 775 960 1,484 2,152 1,081 1,609 8,061 660 to 719 114 273 411 618 342 816 2,574 Less than 660 3 116 85 148 102 703 1,157 No FICO score available 1 135 8 88 154 292 678 Government insured or guaranteed loans 17 22 16 67 502 624 Total residential real estate loans $ 2,195 $ 4,838 $ 9,649 $ 14,854 $ 6,472 $ 8,964 $ 46,972 Gross charge-offs (a) $ 2 $ 2 Home equity (b) Current estimated LTV ratios Greater than 100% $ 1 $ 12 $ 15 $ 333 $ 328 $ 689 Greater than or equal to 80% to 100% 5 32 30 1,042 1,552 2,661 Less than 80% 145 1,720 2,958 6,922 10,875 22,620 Total home equity loans $ 151 $ 1,764 $ 3,003 $ 8,297 $ 12,755 $ 25,970 Updated FICO scores Greater than or equal to 780 $ 96 $ 1,177 $ 1,845 $ 4,626 $ 6,203 $ 13,947 720 to 779 37 368 606 2,225 3,265 6,501 660 to 719 15 157 302 1,198 2,039 3,711 Less than 660 3 60 243 241 1,202 1,749 No FICO score available 2 7 7 46 62 Total home equity loans $ 151 $ 1,764 $ 3,003 $ 8,297 $ 12,755 $ 25,970 Gross charge-offs (a) $ 1 $ 13 $ 13 $ 27 (Continued from previous page) Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 15 $ 139 $ 79 $ 31 $ 10 $ 28 $ 302 Greater than or equal to 80% to 100% 1,665 1,928 955 221 69 92 4,930 Less than 80% 3,585 7,977 14,421 6,514 2,154 6,935 41,586 No LTV available 56 13 4 73 Government insured or guaranteed loans 14 20 16 66 37 500 653 Total residential real estate loans $ 5,335 $ 10,064 $ 15,484 $ 6,832 $ 2,270 $ 7,559 $ 47,544 Updated FICO scores Greater than or equal to 780 $ 3,206 $ 7,797 $ 12,197 $ 5,035 $ 1,492 $ 4,004 $ 33,731 720 to 779 1,482 1,659 2,389 1,107 432 1,388 8,457 660 to 719 400 508 657 334 171 721 2,791 Less than 660 93 71 133 122 82 680 1,181 No FICO score available 140 9 92 168 56 266 731 Government insured or guaranteed loans 14 20 16 66 37 500 653 Total residential real estate loans $ 5,335 $ 10,064 $ 15,484 $ 6,832 $ 2,270 $ 7,559 $ 47,544 Gross charge-offs (a) $ 2 $ 1 $ 1 $ 4 $ 8 Home equity (b) Current estimated LTV ratios Greater than 100% $ 1 $ 12 $ 6 $ 14 $ 306 $ 309 $ 648 Greater than or equal to 80% to 100% 4 40 17 22 1,116 1,743 2,942 Less than 80% 157 1,866 845 2,556 6,843 10,293 22,560 Total home equity loans $ 162 $ 1,918 $ 868 $ 2,592 $ 8,265 $ 12,345 $ 26,150 Updated FICO scores Greater than or equal to 780 $ 102 $ 1,254 $ 489 $ 1,605 $ 4,604 $ 6,083 $ 14,137 720 to 779 38 423 216 488 2,222 3,225 6,612 660 to 719 17 174 110 271 1,207 1,894 3,673 Less than 660 5 65 52 220 223 1,089 1,654 No FICO score available 2 1 8 9 54 74 Total home equity loans $ 162 $ 1,918 $ 868 $ 2,592 $ 8,265 $ 12,345 $ 26,150 Gross charge-offs (a) $ 4 $ 7 $ 10 $ 21 (a) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (b) Beginning January 1, 2022, new originations consist of only revolving Home Equity Lines of Credit. Automobile, Credit Card, Education and Other Consumer The following table presents credit quality indicators for our automobile, credit card, education and other consumer loan classes: Table 44: Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes Term Loans by Origination Year September 30, 2024 In millions 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO scores Greater than or equal to 780 $ 2,590 $ 1,901 $ 1,227 $ 1,010 $ 304 $ 181 $ 7,213 720 to 779 1,533 1,309 747 494 164 132 4,379 660 to 719 720 756 417 266 104 106 2,369 Less than 660 145 354 238 188 101 148 1,174 Total automobile loans $ 4,988 $ 4,320 $ 2,629 $ 1,958 $ 673 $ 567 $ 15,135 Gross charge-offs (a) $ 4 $ 33 $ 21 $ 13 $ 9 $ 18 $ 98 Credit card Updated FICO scores Greater than or equal to 780 $ 2,000 $ 1 $ 2,001 720 to 779 1,864 5 1,869 660 to 719 1,836 15 1,851 Less than 660 946 55 1,001 No FICO score available or required (b) 102 3 105 Total credit card loans $ 6,748 $ 79 $ 6,827 Gross charge-offs (a) $ 240 $ 28 $ 268 Education Updated FICO scores Greater than or equal to 780 $ 10 $ 61 $ 83 $ 41 $ 34 $ 332 $ 561 720 to 779 14 39 40 21 15 123 252 660 to 719 10 15 15 6 5 51 102 Less than 660 2 3 4 1 1 21 32 No FICO score available or required (b) 13 6 4 3 1 1 28 Total loans using FICO credit metric 49 124 146 72 56 528 975 Other internal credit metrics 718 718 Total education loans $ 49 $ 124 $ 146 $ 72 $ 56 $ 1,246 $ 1,693 Gross charge-offs (a) $ 1 $ 1 $ 1 $ 10 $ 13 Other consumer Updated FICO scores Greater than or equal to 780 $ 189 $ 157 $ 75 $ 24 $ 8 $ 8 $ 37 $ 1 $ 499 720 to 779 232 171 89 28 10 9 74 1 614 660 to 719 163 105 87 29 11 9 80 1 485 Less than 660 9 33 39 18 8 7 41 1 156 Total loans using FICO credit metric 593 466 290 99 37 33 232 4 1,754 Other internal credit metrics 6 10 93 14 12 92 2,071 11 2,309 Total other consumer loans $ 599 $ 476 $ 383 $ 113 $ 49 $ 125 $ 2,303 $ 15 $ 4,063 Gross charge-offs (a) $ 55 (c) $ 19 $ 19 $ 11 $ 6 $ 8 $ 8 $ 1 $ 127 (Continued from previous page) Term Loans by Origination Year December 31, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO Scores Greater than or equal to 780 $ 2,722 $ 1,650 $ 1,483 $ 535 $ 368 $ 88 $ 6,846 720 to 779 1,797 1,104 778 301 250 80 4,310 660 to 719 1,014 604 408 186 186 70 2,468 Less than 660 264 272 243 152 200 105 1,236 Total automobile loans $ 5,797 $ 3,630 $ 2,912 $ 1,174 $ 1,004 $ 343 $ 14,860 Gross charge-offs (a) $ 8 $ 24 $ 22 $ 17 $ 30 $ 20 $ 121 Credit card Updated FICO scores Greater than or equal to 780 $ 2,017 $ 1 $ 2,018 720 to 779 1,976 4 1,980 660 to 719 1,979 13 1,992 Less than 660 1,036 48 1,084 No FICO score available or required (b) 103 3 106 Total credit card loans $ 7,111 $ 69 $ 7,180 Gross charge-offs (a) $ 290 $ 29 $ 319 Education Updated FICO scores Greater than or equal to 780 $ 35 $ 88 $ 45 $ 40 $ 51 $ 331 $ 590 720 to 779 32 47 24 19 24 131 277 660 to 719 20 17 8 6 8 54 113 Less than 660 4 3 2 1 2 21 33 No FICO score available or required (b) 15 5 4 2 1 27 Total loans using FICO credit metric 106 160 83 68 85 538 1,040 Other internal credit metrics 905 905 Total education loans $ 106 $ 160 $ 83 $ 68 $ 85 $ 1,443 $ 1,945 Gross charge-offs (a) $ 1 $ 1 $ 2 $ 13 $ 17 Other consumer Updated FICO scores Greater than or equal to 780 $ 241 $ 127 $ 47 $ 21 $ 14 $ 11 $ 39 $ 1 $ 501 720 to 779 286 157 54 26 17 11 80 1 632 660 to 719 147 140 57 27 21 11 87 2 492 Less than 660 19 52 31 17 14 8 43 1 185 Total loans using FICO credit metric 693 476 189 91 66 41 249 5 1,810 Other internal credit metrics 19 97 33 48 71 34 2,149 10 2,461 Total other consumer loans $ 712 $ 573 $ 222 $ 139 $ 137 $ 75 $ 2,398 $ 15 $ 4,271 Gross charge-offs (a) $ 75 (c) $ 23 $ 18 $ 14 $ 14 $ 8 $ 11 $ 1 $ 164 (a) Gross charge-offs are presented on a year-to-date basis, as of the period end date. (b) Loans where FICO scores are not available or required generally refers to new accounts issued to borrowers with limited credit history, accounts for which we cannot obtain an updated FICO score ( e.g. , recent profile changes), cards issued with a business name and/or cards secured by collateral. Management proactively assesses the risk and size of this loan category and, when necessary, takes actions to mitigate the credit risk. (c)
Financing Receivable, Modified	The following table presents the amortized cost basis, as of the period end date, of FDMs granted during the three and nine months ended September 30, 2024 and 2023: Table 45: Loan Modifications Granted to Borrowers Experiencing Financial Difficulty (a) (b) Three months ended September 30, 2024 Dollars in millions Interest Rate Reduction Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension Interest Rate Reduction and Term Extension Other (c) Total % of Loan Class Commercial Commercial and industrial $ 372 $ 19 $ 6 $ 11 $ 2 $ 410 0.23 % Commercial real estate 253 87 14 354 1.01 % Total commercial 625 106 6 11 16 764 0.35 % Consumer Residential real estate 28 1 4 33 0.07 % Home equity 3 $ 1 6 10 0.04 % Credit card 21 21 0.31 % Education 1 1 0.06 % Total consumer 1 31 22 1 10 65 0.06 % Total $ 626 $ 137 $ 22 $ 6 $ 12 $ 26 $ 829 0.26 % Three months ended September 30, 2023 Dollars in millions Commercial Commercial and industrial $ 15 $ 356 $ 37 $ 7 $ 83 $ 498 0.29 % Commercial real estate 307 16 323 0.90 % Total commercial 15 663 53 7 83 821 0.38 % Consumer Residential real estate 1 50 3 54 0.11 % Home equity 2 5 7 0.03 % Credit card $ 20 20 0.28 % Education 1 1 0.05 % Other consumer 1 1 0.02 % Total consumer 1 1 52 21 8 83 0.08 % Total $ 16 $ 664 $ 105 $ 21 $ 7 $ 91 $ 904 0.28 % Nine months ended September 30, 2024 Dollars in millions Interest Rate Reduction Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension Interest Rate Reduction and Term Extension Interest Rate Reduction and Payment Delay Other (c) Total % of Loan Class Commercial Commercial and industrial $ 27 $ 927 $ 34 $ 157 $ 104 $ 15 $ 85 $ 1,349 0.75 % Commercial real estate 926 101 147 1,174 3.34 % Total commercial 27 1,853 135 304 104 15 85 2,523 1.14 % Consumer Residential real estate 1 67 3 8 79 0.17 % Home equity 10 $ 5 12 27 0.10 % Credit card 52 52 0.76 % Education 4 4 0.24 % Other consumer 1 1 0.02 % Total consumer 5 77 58 3 20 163 0.16 % Total $ 27 $ 1,858 $ 212 $ 58 $ 304 $ 107 $ 15 $ 105 $ 2,686 0.84 % Nine months ended September 30, 2023 Dollars in millions Commercial Commercial and industrial $ 15 $ 704 $ 91 $ 20 $ 130 $ 960 0.55 % Commercial real estate 745 16 61 822 2.30 % Total commercial 15 1,449 107 20 191 1,782 0.82 % Consumer Residential real estate 1 83 $ 3 6 93 0.20 % Home equity 6 $ 7 9 22 0.08 % Credit card 45 45 0.64 % Education 3 3 0.15 % Other consumer 1 1 0.02 % Total consumer 1 3 89 53 3 15 164 0.16 % Total $ 16 $ 1,452 $ 196 $ 53 $ 20 $ 3 $ 206 $ 1,946 0.61 % (a) The unfunded lending related commitments on FDMs granted were $0.5 billion and $0.3 billion during the nine months ended September 30, 2024 and 2023, respectively. (b) Excludes the amortized cost basis of modified loans that were paid off, charged off or otherwise liquidated as of the period end date. (c) Represents all other modifications, and includes trial modifications and loans where we have received notification that a borrower has filed for Chapter 7 bankruptcy relief, but specific instructions as to the terms of the relief have not been formally ruled upon by the court. Table 46 presents the weighted average financial effect of FDMs granted during the three and nine months ended September 30, 2024 and 2023. Table 46: Financial Effect of FDMs (a) Three months ended September 30, 2024 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $389 Extended contractual term by 11 months. Commercial real estate $253 Extended contractual term by 17 months. Residential real estate $1 Extended contractual term by 28 months. Education $1 Extended contractual term by 12 months. Interest Rate Reduction Commercial and industrial $11 Reduced contractual interest rate by 1.52%. Residential real estate $1 Reduced contractual interest rate by 1.48%. Payment Delay Commercial and industrial $25 Provided 3 months of payment deferral. Commercial real estate $87 Provided 8 months of payment deferral. Residential real estate $28 Provided 10 months of payment deferral. Home equity $3 Provided 5 months of payment deferral. Three months ended September 30, 2023 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $363 Extended contractual term by 13 months. Commercial real estate $307 Extended contractual term by 13 months. Education $1 Extended contractual term by 15 months. Interest Rate Reduction Commercial and industrial $15 Reduced contractual interest rate by 0.25%. Residential real estate $1 Reduced contractual interest rate by 0.72%. Payment Delay Commercial and industrial $44 Provided 6 months of payment deferral. Commercial real estate $16 Provided 8 months of payment deferral. Residential real estate $50 Provided 10 months of payment deferral. Home equity $2 Provided 5 months of payment deferral. Nine months ended September 30, 2024 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $1,188 Extended contractual term by 14 months. Commercial real estate $1,073 Extended contractual term by 15 months. Residential real estate $4 Extended contractual term by 81 months. Education $4 Extended contractual term by 12 months. Interest Rate Reduction Commercial and industrial $146 Reduced contractual interest rate by 1.45%. Residential real estate $3 Reduced contractual interest rate by 0.83%. Payment Delay Commercial and industrial $206 Provided 8 months of payment deferral. Commercial real estate $248 Provided 7 months of payment deferral. Residential real estate $67 Provided 9 months of payment deferral. Home equity $10 Provided 4 months of payment deferral. Nine months ended September 30, 2023 Dollars in millions Amortized cost basis (b) Financial Effect Term Extension Commercial and industrial $724 Extended contractual term by 12 months. Commercial real estate $745 Extended contractual term by 16 months. Residential real estate $3 Extended contractual term by 118 months. Education $3 Extended contractual term by 16 months. Interest Rate Reduction Commercial and industrial $15 Reduced contractual interest rate by 0.25%. Residential real estate $4 Reduced contractual interest rate by 1.13%. Payment Delay Commercial and industrial $111 Provided 6 months of payment deferral. Commercial real estate $16 Provided 8 months of payment deferral. Residential real estate $83 Provided 9 months of payment deferral. Home equity $6 Provided 4 months of payment deferral. (a) Excludes the financial effects of modifications for loans that were paid off, charged off or otherwise liquidated as of the period end date. (b) The amortized cost basis presented in Table 46 includes combination modification categories in addition to the standalone modification categories presented in Table 45. Primarily due to this reason, the amortized cost basis presented in Table 46 may not agree to the amortized cost basis presented alongside the standalone modification categories in Table 45. Amortized cost basis is as of the period end date. Table 47: Payment Performance of FDMs Modified in the Last 12 Months (a) (b) Twelve months ended September 30, 2024 Dollars in millions Current or Less Than 30 Days Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days Nonperforming Total Commercial Commercial and industrial $ 1,213 $ 18 $ 1 $ 248 $ 1,480 Commercial real estate 874 462 1,336 Total commercial 2,087 18 1 710 2,816 Consumer Residential real estate 8 1 83 92 Home equity 5 27 32 Credit card 43 5 4 $ 7 1 60 Education 4 4 Other consumer 2 2 Total consumer 60 6 4 7 113 190 Total $ 2,147 $ 24 $ 5 $ 7 $ 823 $ 3,006 (a) Represents amortized cost basis. (b) Loans in our Payment Delay category are reported as past due in accordance with their contractual terms. Once contractually modified, these loans are reported as past due in accordance with their restructured terms. The following table presents the performance as of September 30, 2023 for FDMs granted since January 1, 2023: Table 48: Payment Performance of FDMs (a) (b) Nine months ended September 30, 2023 Dollars in millions Current or Less Than 30 Days 30-59 Days 60-89 Days 90 Days Nonperforming Total Commercial Commercial and industrial $ 801 $ 3 $ 156 $ 960 Commercial real estate 755 67 822 Total commercial 1,556 3 223 1,782 Consumer Residential real estate 4 $ 1 88 93 Home equity 1 21 22 Credit card 31 4 $ 3 6 1 45 Education 3 3 Other consumer 1 1 Total consumer 39 5 3 6 111 164 Total $ 1,595 $ 5 $ 3 $ 9 $ 334 $ 1,946 (a) Represents amortized cost basis. (b) Loans in our Payment Delay category are reported as past due in accordance with their contractual terms. Once contractually modified, these loans are reported as past due in accordance with their restructured terms.
Financing Receivable, Modified, Subsequent Default	The following table presents loans that were both (i) classified as FDMs, and (ii) subsequently defaulted during the period. Table 49: Subsequently Defaulted FDMs (a) Three months ended September 30, 2024 Dollars in millions Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension All Other Modifications (b) Total Commercial Commercial and industrial $ 35 $ 3 $ 3 $ 41 Commercial real estate 27 27 Total commercial 62 3 3 68 Consumer Residential real estate 14 $ 3 17 Home equity 1 2 3 Credit card $ 8 8 Total consumer 15 8 5 28 Total $ 62 $ 18 $ 8 $ 3 $ 5 $ 96 Nine months ended September 30, 2024 Dollars in millions Term Extension Payment Delay Repayment Plan Payment Delay and Term Extension All Other Modifications (b) Total Commercial Commercial and industrial $ 61 $ 12 $ 3 $ 76 Commercial real estate 28 33 37 98 Total commercial 89 45 40 174 Consumer Residential real estate 33 $ 5 38 Home equity 2 $ 1 7 10 Credit card 24 24 Total consumer 35 25 12 72 Total $ 89 $ 80 $ 25 $ 40 $ 12 $ 246 (a) Represents amortized cost basis. (b) Includes the following modification categories: interest rate reduction, combination of interest rate reduction/payment delay, combination of interest rate reduction/term extension, and other.
Rollforward of Allowance for Credit Losses	A rollforward of the ACL related to loans follows: Table 50: Rollforward of Allowance for Credit Losses Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 In millions Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Allowance for loan and lease losses Beginning balance $ 3,243 $ 1,393 $ 4,636 $ 3,142 $ 1,595 $ 4,737 $ 3,259 $ 1,532 $ 4,791 $ 3,114 $ 1,627 $ 4,741 Adoption of ASU 2022-02 (a) (35) (35) Beginning balance, adjusted 3,243 1,393 4,636 3,142 1,595 4,737 3,259 1,532 4,791 3,114 1,592 4,706 Charge-offs (200) (176) (376) (72) (161) (233) (546) (535) (1,081) (327) (481) (808) Recoveries 28 62 90 49 63 112 103 187 290 110 188 298 Net (charge-offs) (172) (114) (286) (23) (98) (121) (443) (348) (791) (217) (293) (510) Provision for credit losses 151 84 235 105 48 153 408 178 586 325 246 571 Other 4 4 (2) (2) 2 1 3 Ending balance $ 3,226 $ 1,363 $ 4,589 $ 3,222 $ 1,545 $ 4,767 $ 3,226 $ 1,363 $ 4,589 $ 3,222 $ 1,545 $ 4,767 Allowance for unfunded lending related commitments (b) Beginning balance $ 581 $ 136 $ 717 $ 555 $ 108 $ 663 $ 545 $ 118 $ 663 $ 613 $ 81 $ 694 Provision for (recapture of) credit losses (2) 9 7 (22) (1) (23) 34 27 61 (80) 26 (54) Other 1 1 1 1 Ending balance $ 580 $ 145 $ 725 $ 533 $ 107 $ 640 $ 580 $ 145 $ 725 $ 533 $ 107 $ 640 Allowance for credit losses at September 30 (c) $ 3,806 $ 1,508 $ 5,314 $ 3,755 $ 1,652 $ 5,407 $ 3,806 $ 1,508 $ 5,314 $ 3,755 $ 1,652 $ 5,407 (a) Represents the impact of adopting ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures on January 1, 2023. As a result of adoption, we eliminated the accounting guidance for TDRs, including the use of a discounted cash flow approach to measure the allowance for TDRs. (b) See Note 8 Commitments for additional information about the underlying commitments related to this allowance. (c) Represents the ALLL plus allowance for unfunded lending related commitments and excludes allowances for investment securities and other financial assets, which together totaled $111 million and $131 million at September 30, 2024 and 2023, respectively.

Loan Sale and Servicing Activ_2

Loan Sale and Servicing Activities and Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2024
Loan Sale and Servicing Activities and Variable Interest Entities [Abstract]
Loan Sale and Servicing Activities	The following table provides our loan sale and servicing activities: Table 51: Loan Sale and Servicing Activities In millions Residential Mortgages Commercial Mortgages (a) Cash Flows - Three months ended September 30, 2024 Sales of loans and related securitization activity (b) $ 884 $ 937 Repurchases of previously transferred loans (c) $ 30 Servicing fees (d) $ 138 $ 53 Servicing advances recovered/(funded), net $ 9 $ (20) Cash flows on mortgage-backed securities held (e) $ 969 $ 32 Cash Flows - Three months ended September 30, 2023 Sales of loans and related securitization activity (b) $ 873 $ 398 Repurchases of previously transferred loans (c) $ 16 $ (9) Servicing fees (d) $ 129 $ 51 Servicing advances recovered/(funded), net $ 5 $ (22) Cash flows on mortgage-backed securities held (e) $ 710 $ 19 Cash Flows - Nine months ended September 30, 2024 Sales of loans and related securitization activity (b) $ 2,112 $ 1,604 Repurchases of previously transferred loans (c) $ 71 $ 9 Servicing fees (d) $ 415 $ 152 Servicing advances recovered/(funded), net $ 49 $ (37) Cash flows on mortgage-backed securities held (e) $ 2,789 $ 133 Cash Flows - Nine months ended September 30, 2023 Sales of loans and related securitization activity (b) $ 2,044 $ 2,554 Repurchases of previously transferred loans (c) $ 67 Servicing fees (d) $ 384 $ 146 Servicing advances recovered/(funded), net $ 44 $ (86) Cash flows on mortgage-backed securities held (e) $ 2,008 $ 49 (a) Represents both commercial mortgage loan transfer and servicing activities. (b) Gains/losses recognized on sales of loans were insignificant for the periods presented. (c) Includes both residential and commercial mortgage government insured or guaranteed loans eligible for repurchase through the exercise of our ROAP option, as well as residential mortgage loans repurchased due to alleged breaches of origination covenants or representations and warranties made to purchasers. (d) Includes contractually specified servicing fees, late charges and ancillary fees. (e)
Principal Balance, Delinquent Loans and Net Charge-offs Related to Serviced Loans For Others	Table 52: Principal Balance, Delinquent Loans and Net Charge-offs Related to Serviced Loans For Others In millions Residential Mortgages Commercial Mortgages (a) September 30, 2024 Total principal balance $ 37,861 $ 53,473 Delinquent loans (b) $ 271 $ 91 December 31, 2023 Total principal balance $ 39,016 $ 57,492 Delinquent loans (b) $ 329 $ 89 Three months ended September 30, 2024 Net charge-offs (c) $ 30 Three months ended September 30, 2023 Net charge-offs (c) $ 14 Nine months ended September 30, 2024 Net charge-offs (c) $ 1 $ 91 Nine months ended September 30, 2023 Net charge-offs (c) $ 2 $ 18 (a) Represents information at the securitization level in which we have sold loans and we are the servicer for the securitization. (b) Serviced delinquent loans are 90 days or more past due or are in process of foreclosure. (c) Net charge-offs for residential mortgages represent credit losses less recoveries distributed and as reported to investors during the period. Net charge-offs for commercial mortgages represent credit losses less recoveries distributed and as reported by the trustee for commercial mortgage-backed securitizations. Realized losses for Agency securitizations are not reflected as we do not manage the underlying real estate upon foreclosure and, as such, do not have access to loss information.
Non-Consolidated VIEs	The following table provides a summary of non-consolidated VIEs with which we have significant continuing involvement but are not the primary beneficiary. We have excluded certain transactions with non-consolidated VIEs from the balances presented in Table 53 where we have determined that our continuing involvement is insignificant. We do not consider our continuing involvement to be significant when it relates to a VIE where we only invest in securities issued by the VIE and were not involved in the design of the VIE or where no transfers have occurred between us and the VIE. In addition, where we only have lending arrangements in the normal course of business with entities that could be VIEs, we have excluded these transactions with non-consolidated entities from the balances presented in Table 53. These loans are included as part of the credit quality disclosures that we make in Note 3 Loans and Related Allowance for Credit Losses. Table 53: Non-Consolidated VIEs In millions PNC Risk of Loss (a) Carrying Value of Assets Carrying Value of Liabilities September 30, 2024 Mortgage-backed securitizations (b) $ 20,002 $ 20,004 (c) Tax credit investments and other 5,157 5,104 (d) (e) $ 2,181 (f) (g) Total $ 25,159 $ 25,108 $ 2,181 December 31, 2023 Mortgage-backed securitizations (b) $ 21,451 $ 21,453 (c) Tax credit investments and other 4,709 4,631 (d) (e) $ 2,119 (f) (g) Total $ 26,160 $ 26,084 $ 2,119 (a) Represents loans, investments and other assets related to non-consolidated VIEs, net of collateral (if applicable). The risk of loss excludes any potential tax recapture associated with tax credit investments. (b) Amounts reflect involvement with securitization SPEs where we transferred to and/or service loans for an SPE and we hold securities issued by that SPE. Values disclosed in the PNC Risk of Loss column represent our maximum exposure to loss for those securities’ holdings. (c) Included in Investment securities, Mortgage servicing rights and Other assets on our Consolidated Balance Sheet. (d) Included in Investment securities, Loans, Equity investments and Other assets on our Consolidated Balance Sheet. (e) Amount includes $3.4 billion of LIHTCs and $0.2 billion of NMTCs at September 30, 2024, which are included in Equity investments on our Consolidated Balance Sheet. Comparable amounts at December 31, 2023 were $3.0 billion and $0.2 billion, respectively. (f) Included in Deposits and Other liabilities on our Consolidated Balance Sheet. (g)

Goodwill and Mortgage Servici_2

Goodwill and Mortgage Servicing Rights (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Mortgage Servicing Rights	Changes in the commercial and residential MSRs follow: Table 54: Mortgage Servicing Rights Commercial MSRs Residential MSRs In millions 2024 2023 2024 2023 January 1 $ 1,032 $ 1,113 $ 2,654 $ 2,310 Additions: From loans sold with servicing retained 23 38 18 17 Purchases 43 27 30 438 Changes in fair value due to: Time and payoffs (a) (241) (247) (191) (176) Other (b) 118 238 17 248 September 30 $ 975 $ 1,169 $ 2,528 $ 2,837 Related unpaid principal balance of loans serviced at September 30 $ 288,696 $ 282,123 $ 199,571 $ 212,521 Servicing advances at September 30 $ 598 $ 507 $ 123 $ 121 (a) Represents decrease in MSR value due to passage of time, which includes the impact from regularly scheduled loan principal payments, prepayments and loans that were paid off during the period. (b) Includes MSR value changes resulting from changes in interest rates and other market-driven conditions.
Commercial Mortgage Loan Servicing Assets - Key Valuation Assumptions	The following tables set forth the fair value of commercial and residential MSRs and the sensitivity analysis of the hypothetical effect on the fair value of MSRs to immediate adverse changes of 10% and 20% in those assumptions: Table 55: Commercial Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions September 30, 2024 December 31, 2023 Fair value $ 975 $ 1,032 Weighted-average life (years) 3.8 3.9 Weighted-average constant prepayment rate 4.41 % 5.51 % Decline in fair value from 10% adverse change $ 8 $ 9 Decline in fair value from 20% adverse change $ 15 $ 17 Effective discount rate 10.69 % 9.64 % Decline in fair value from 10% adverse change $ 30 $ 31 Decline in fair value from 20% adverse change $ 61 $ 61
Residential Mortgage Loan Servicing Assets - Key Valuation Assumptions	Table 56: Residential Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions September 30, 2024 December 31, 2023 Fair value $ 2,528 $ 2,654 Weighted-average life (years) 7.8 8.1 Weighted-average constant prepayment rate 7.21 % 6.42 % Decline in fair value from 10% adverse change $ 61 $ 60 Decline in fair value from 20% adverse change $ 119 $ 117 Weighted-average option adjusted spread 755 bps 765 bps Decline in fair value from 10% adverse change $ 78 $ 83 Decline in fair value from 20% adverse change $ 151 $ 161

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Components of Lease Income	Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Sales-type Lease, Lease Income	Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Direct Financing Lease, Lease Income	Table 57: Lessor Income Three months ended Nine months ended In millions 2024 2023 2024 2023 Sales-type and direct financing leases (a) $ 92 $ 76 $ 264 $ 219 Operating leases (b) 7 9 18 40 Lease income $ 99 $ 85 $ 282 $ 259 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.

Borrowed Funds (Tables)

Borrowed Funds (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of the Total Borrowed Funds	The following table shows the carrying value of total borrowed funds at September 30, 2024 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity: Table 58: Borrowed Funds In millions Less than 1 year $ 25,195 1 to 2 years 12,274 2 to 3 years 4,040 3 to 4 years 5,367 4 to 5 years 4,983 Over 5 years 16,210 Total $ 68,069
Contractual Rates and Maturity Dates of Borrowings	The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of September 30, 2024, and the carrying values as of September 30, 2024 and December 31, 2023. Table 59: FHLB Borrowings, Senior Debt and Subordinated Debt Stated Rate Maturity Carrying Value Dollars in millions September 30, 2024 September 30, 2024 September 30, 2024 December 31, 2023 Parent Company Senior debt 1.15% - 6.88% 2024 - 2035 $ 28,394 $ 22,221 Subordinated debt 4.63 % 2033 814 1,544 Junior subordinated debt 5.85 % 2028 206 206 Total Parent Company 29,414 23,971 Bank Federal Home Loan Bank borrowings (a) 5.07% - 5.43% 2024 - 2026 28,000 38,000 Senior debt 2.95% - 5.99% 2024 - 2043 4,098 4,615 Subordinated debt 2.70% - 5.90% 2025 - 2029 3,176 3,125 Total Bank 35,274 45,740 Total $ 64,688 $ 69,711 (a) FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities.

Commitments (Tables)

Commitments (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments to Extend Credit and Other Commitments	The following table presents our outstanding commitments to extend credit along with other commitments as of September 30, 2024 and December 31, 2023, respectively.Table 60: Commitments to Extend Credit and Other Commitments In millions September 30, 2024 December 31, 2023 Commitments to extend credit Commercial $ 205,924 $ 203,080 Home equity 24,161 23,970 Credit card 36,003 33,978 Other 7,576 7,363 Total commitments to extend credit 273,664 268,391 Net outstanding standby letters of credit (a) 10,826 10,913 Standby bond purchase agreements (b) 1,055 1,078 Other commitments (c) 4,831 4,386 Total commitments to extend credit and other commitments $ 290,376 $ 284,768 (a) Net outstanding standby letters of credit include $3.5 billion and $3.9 billion at September 30, 2024 and December 31, 2023, respectively, which support remarketing programs. (b) We enter into standby bond purchase agreements to support municipal bond obligations. (c)

Total Equity and Other Compre_2

Total Equity and Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Rollforward of Total Equity	Activity in total equity for the three and nine months ended September 30, 2024 and 2023 is as follows: Table 61: Rollforward of Total Equity Shareholders’ Equity In millions Shares Common Capital Capital Retained Accumulated Treasury Non- Total Equity Three months ended Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 Net income 1,554 16 1,570 Other comprehensive loss, net of tax (736) (736) Cash dividends declared - Common (624) (624) Cash dividends declared - Preferred (104) (104) Preferred stock discount accretion 2 (2) Treasury stock activity 3 9 12 Other 32 (15) 17 Balance at September 30, 2023 (a) 398 $ 2,715 $ 7,239 $ 12,732 $ 56,170 $ (10,261) $ (19,141) $ 27 $ 49,481 Balance at June 30, 2024 (a) 398 $ 2,716 $ 6,245 $ 12,853 $ 57,652 $ (7,446) $ (19,378) $ 39 $ 52,681 Net income 1,490 15 1,505 Other comprehensive income, net of tax 2,356 2,356 Cash dividends declared - Common (646) (646) Cash dividends declared - Preferred (82) (82) Preferred stock discount accretion 2 (2) Treasury stock activity (1) 7 (121) (114) Other 43 (14) 29 Balance at September 30, 2024 (a) 397 $ 2,716 $ 6,247 $ 12,903 $ 58,412 $ (5,090) $ (19,499) $ 40 $ 55,729 Nine months ended Balance at December 31, 2022 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,572 $ (10,172) $ (18,716) $ 38 $ 45,812 Cumulative effect of ASU adoption (b) 26 26 Balance at January 1, 2023 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,598 $ (10,172) $ (18,716) $ 38 $ 45,838 Net income 4,714 50 4,764 Other comprehensive loss, net of tax (89) (89) Cash dividends declared - Common (1,837) (1,837) Cash dividends declared - Preferred (299) (299) Preferred stock discount accretion 6 (6) Preferred stock issuance (c) 1,487 1,487 Common stock activity 1 16 17 Treasury stock activity (3) 76 (425) (349) Other 10 (61) (51) Balance at September 30, 2023 (a) 398 $ 2,715 $ 7,239 $ 12,732 $ 56,170 $ (10,261) $ (19,141) $ 27 $ 49,481 Balance at December 31, 2023 (a) 398 $ 2,716 $ 6,241 $ 12,779 $ 56,290 $ (7,712) $ (19,209) $ 36 $ 51,141 Net income 4,279 47 4,326 Other comprehensive income, net of tax 2,622 2,622 Cash dividends declared - Common (1,893) (1,893) Cash dividends declared - Preferred (258) (258) Preferred stock discount accretion 6 (6) Common stock activity 16 16 Treasury stock activity (1) 84 (290) (206) Other 24 (43) (19) Balance at September 30, 2024 (a) 397 $ 2,716 $ 6,247 $ 12,903 $ 58,412 $ (5,090) $ (19,499) $ 40 $ 55,729 (a) The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation. (b) Represents the cumulative effect of adopting ASU 2022-02. (c) On February 7, 2023, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 6.250% fixed-rate reset non-cumulative perpetual preferred stock, Series W, with a par value of $1 per share.
Other Comprehensive Income (Loss)	Details of other comprehensive income (loss) are as follows: Table 62: Other Comprehensive Income (Loss) Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 In millions Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Debt securities Net unrealized gains (losses) on securities $ 1,397 $ (336) $ 1,061 $ (1,171) $ 280 $ (891) $ 786 $ (189) $ 597 $ (993) $ 238 $ (755) Less: Net realized (losses) reclassified to earnings (a) (224) 53 (171) (239) 57 (182) (1,131) 271 (860) (689) 163 (526) Net change 1,621 (389) 1,232 (932) 223 (709) 1,917 (460) 1,457 (304) 75 (229) Cash flow hedge derivatives Net unrealized gains (losses) on cash flow hedge derivatives 1,162 (279) 883 (461) 122 (339) 461 (111) 350 (953) 238 (715) Less: Net realized (losses) reclassified to earnings (a) (313) 75 (238) (426) 112 (314) (1,072) 257 (815) (1,129) 278 (851) Net change 1,475 (354) 1,121 (35) 10 (25) 1,533 (368) 1,165 176 (40) 136 Pension and other postretirement benefit plan adjustments Net pension and other postretirement benefit plan activity and other reclassified to earnings (b) 1 (1) (1) (1) (3) (3) Net change 1 (1) (1) (1) (3) (3) Other Net unrealized gains (losses) on other transactions (1) 4 3 1 (3) (2) (3) 4 1 8 (1) 7 Net change (1) 4 3 1 (3) (2) (3) 4 1 8 (1) 7 Total other comprehensive income (loss) $ 3,095 $ (739) $ 2,356 $ (965) $ 229 $ (736) $ 3,446 $ (824) $ 2,622 $ (123) $ 34 $ (89) (a) Reclassifications for pre-tax debt securities and cash flow hedges are recorded in Interest income and Noninterest income on the Consolidated Income Statement. (b) Reclassifications include amortization of actuarial losses (gains) and amortization of prior period service costs (credits), which are recorded in Noninterest expense on the Consolidated Income Statement.
Accumulated Other Comprehensive Income (Loss) Components	Table 63: Accumulated Other Comprehensive Income (Loss) Components In millions, after-tax Debt securities Cash flow hedge derivatives Pension and other postretirement benefit plan adjustments Other Total Three months ended Balance at June 30, 2023 $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525) Net activity (709) (25) (2) (736) Balance at September 30, 2023 (a) $ (7,393) $ (2,569) $ (254) $ (45) $ (10,261) Balance at June 30, 2024 $ (5,605) $ (1,669) $ (126) $ (46) $ (7,446) Net activity 1,232 1,121 3 2,356 Balance at September 30, 2024 (a) $ (4,373) $ (548) $ (126) $ (43) $ (5,090) Nine months ended Balance at December 31, 2022 $ (7,164) $ (2,705) $ (251) $ (52) $ (10,172) Net activity (229) 136 (3) 7 (89) Balance at September 30, 2023 (a) $ (7,393) $ (2,569) $ (254) $ (45) $ (10,261) Balance at December 31, 2023 $ (5,830) $ (1,713) $ (125) $ (44) $ (7,712) Net activity 1,457 1,165 (1) 1 2,622 Balance at September 30, 2024 (a) $ (4,373) $ (548) $ (126) $ (43) $ (5,090) (a)
Dividends Per Share	The following table provides the dividends per share for PNC’s common and preferred stock: Table 64: Dividends Per Share (a) Three months ended September 30 Nine months ended September 30 2024 2023 2024 2023 Common Stock $ 1.60 $ 1.55 $ 4.70 $ 4.55 Preferred Stock Series B $ 0.45 $ 0.45 $ 1.35 $ 1.35 Series O $ 2,294 $ 6,468 Series R $ 2,209 $ 2,181 $ 6,612 $ 4,606 Series S $ 2,500 $ 2,500 Series T $ 850 $ 850 $ 2,550 $ 2,550 Series U $ 1,500 $ 1,500 $ 4,500 $ 4,500 Series V $ 1,550 $ 1,550 $ 4,650 $ 4,650 Series W $ 1,563 $ 1,563 $ 4,688 $ 3,785 (a) Dividends are payable quarterly, other than Series S preferred stock, which is payable semiannually.

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Common Share	Table 65: Basic and Diluted Earnings Per Common Share Three months ended September 30 Nine months ended September 30 In millions, except per share data 2024 2023 2024 2023 Basic Net income $ 1,505 $ 1,570 $ 4,326 $ 4,764 Less: Net income attributable to noncontrolling interests 15 16 47 50 Preferred stock dividends 82 104 258 299 Preferred stock discount accretion and redemptions 2 2 6 6 Net income attributable to common shareholders 1,406 1,448 4,015 4,409 Less: Dividends and undistributed earnings allocated to nonvested restricted shares 10 8 24 23 Net income attributable to basic common shareholders $ 1,396 $ 1,440 $ 3,991 $ 4,386 Basic weighted-average common shares outstanding 399 400 400 401 Basic earnings per common share (a) $ 3.50 $ 3.60 $ 9.99 $ 10.95 Diluted Net income attributable to diluted common shareholders $ 1,396 $ 1,440 $ 3,991 $ 4,386 Basic weighted-average common shares outstanding 399 400 400 401 Dilutive potential common shares 1 Diluted weighted-average common shares outstanding 400 400 400 401 Diluted earnings per common share (a) $ 3.49 $ 3.60 $ 9.98 $ 10.94 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements - Recurring Basis Summary	The following table summarizes our assets and liabilities measured at fair value on a recurring basis, including instruments for which we have elected the fair value option. Table 66: Fair Value Measurements – Recurring Basis Summary September 30, 2024 December 31, 2023 In millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Residential mortgage loans held for sale $ 588 $ 70 $ 658 $ 371 $ 103 $ 474 Commercial mortgage loans held for sale 73 4 77 227 11 238 Securities available for sale U.S. Treasury and government agencies $ 21,584 1,055 22,639 $ 6,292 659 6,951 Residential mortgage-backed Agency 29,661 29,661 27,880 27,880 Non-agency 628 628 696 696 Commercial mortgage-backed Agency 1,892 1,892 1,546 1,546 Non-agency 631 103 734 766 103 869 Asset-backed 2,193 96 2,289 1,014 102 1,116 Other 2,441 54 2,495 2,672 55 2,727 Total securities available for sale 21,584 37,873 881 60,338 6,292 34,537 956 41,785 Loans 489 684 1,173 512 726 1,238 Equity investments (a) 976 2,063 3,242 574 1,952 2,717 Residential mortgage servicing rights 2,528 2,528 2,654 2,654 Commercial mortgage servicing rights 975 975 1,032 1,032 Trading securities (b) 1,000 1,967 2,967 377 2,422 2,799 Financial derivatives (b) (c) 21 3,275 12 3,308 29 3,394 6 3,429 Other assets 453 114 8 575 403 85 8 496 Total assets (d) $ 24,034 $ 44,379 $ 7,225 $ 75,841 $ 7,675 $ 41,548 $ 7,448 $ 56,862 Liabilities Other borrowed funds $ 1,383 $ 162 $ 8 $ 1,553 $ 724 $ 84 $ 9 $ 817 Financial derivatives (c) (e) 6 4,340 281 4,627 11 5,736 152 5,899 Other liabilities 176 176 237 237 Total liabilities (f) $ 1,389 $ 4,502 $ 465 $ 6,356 $ 735 $ 5,820 $ 398 $ 6,953 (a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. (b) Included in Other assets on the Consolidated Balance Sheet. (c) Amounts at September 30, 2024 and December 31, 2023 are presented gross and are not reduced by the impact of legally enforceable master netting agreements that allow us to net positive and negative positions and cash collateral held or placed with the same counterparty. See Note 12 Financial Derivatives for additional information related to derivative offsetting. (d) Total assets at fair value as a percentage of total consolidated assets was 13% and 10% at September 30, 2024 and December 31, 2023, respectively. Level 3 assets as a percentage of total assets at fair value was 10% and 13% at September 30, 2024 and December 31, 2023, respectively. Level 3 assets as a percentage of total consolidated assets was 1% at both September 30, 2024 and December 31, 2023. (e) Included in Other liabilities on the Consolidated Balance Sheet. (f)
Reconciliation of Level 3 Assets and Liabilities	Reconciliations of assets and liabilities measured at fair value on a recurring basis using Level 3 inputs for the three and nine months ended September 30, 2024 and 2023 are as follows: Table 67: Reconciliation of Level 3 Assets and Liabilities Three Months Ended September 30, 2024 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value June 30, 2024 Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 95 $ 1 $ 2 $ (26) $ (2) $ 1 $ (1) (d) $ 70 $ 2 Commercial mortgage 4 1 (1) 4 Securities available for sale Residential mortgage- 624 4 $ 21 (21) 628 Commercial mortgage- backed non-agency 103 103 Asset-backed 96 1 3 (4) 96 Other 54 (1) 1 54 Total securities 877 4 24 1 (25) 881 Loans 701 4 4 (21) (4) (d) 684 5 Equity investments 2,030 27 85 (79) 2,063 16 Residential mortgage 2,657 (71) 1 $ 6 (65) 2,528 (71) Commercial mortgage 1,082 (54) 19 12 (84) 975 (54) Financial derivatives 12 8 2 (10) 12 12 Other assets 8 8 Total assets $ 7,466 $ (80) $ 24 $ 114 $ (105) $ 18 $ (208) $ 1 $ (5) $ 7,225 $ (90) Liabilities Other borrowed funds $ 9 $ 2 $ (3) $ 8 Financial derivatives 183 $ 128 $ 2 (32) 281 $ 129 Other liabilities 194 10 1 (29) 176 3 Total liabilities $ 386 $ 138 $ 2 $ 3 $ (64) $ 465 $ 132 Net gains (losses) $ (218) (e) $ (222) (f) (Continued from previous page) Three Months Ended September 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value June 30, 2023 Included in Earnings Included in Other comprehensive income (b) Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value Sept. 30, 2023 Assets Residential mortgage $ 191 $ (3) $ 3 $ (89) $ (2) $ 1 $ (4) (d) $ 97 $ (4) Commercial mortgage 25 25 Securities available for sale Residential mortgage- 768 5 $ (20) (40) 713 Commercial mortgage-backed non-agency 3 92 95 Asset-backed 117 (3) (11) 103 Other 54 (1) 1 3 (1) 56 Total securities 942 4 (22) 3 (52) 92 967 Loans 745 5 19 (27) 2 (6) (d) 738 5 Equity investments 1,623 (9) 212 (97) 1,729 (16) Residential mortgage 2,349 215 329 $ 7 (63) 2,837 215 Commercial mortgage 1,106 130 10 6 (83) 1,169 130 Financial derivatives 6 6 (6) 6 7 Other assets 1 4 5 Total assets $ 6,987 $ 348 $ (22) $ 577 $ (186) $ 13 $ (233) $ 99 $ (10) $ 7,573 $ 337 Liabilities Other borrowed funds $ 5 $ 3 $ (1) $ 7 Financial derivatives 140 $ 50 $ 2 (84) 108 $ 51 Other liabilities 239 6 329 (324) 250 Total liabilities $ 384 $ 56 $ 2 $ 332 $ (409) $ 365 $ 51 Net gains (losses) $ 292 (e) $ 286 (f) (Continued from previous page) Nine Months Ended September 30, 2024 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 103 $ 16 $ (37) $ (6) $ 4 $ (10) (d) $ 70 Commercial mortgage 11 $ 1 (8) 4 Securities available for sale Residential mortgage- 696 10 $ 10 (88) 628 Commercial mortgage- 103 103 Asset-backed 102 1 2 (9) 96 Other 55 (3) 1 4 (3) 54 $ (2) Total securities 956 8 13 4 (100) 881 (2) Loans 726 12 16 (2) (59) (9) (d) 684 12 Equity investments 1,952 53 221 (163) 2,063 35 Residential mortgage 2,654 17 30 $ 18 (191) 2,528 17 Commercial mortgage 1,032 118 43 23 (241) 975 118 Financial derivatives 6 26 4 (24) 12 30 Other assets 8 8 Total assets $ 7,448 $ 235 $ 13 $ 334 $ (202) $ 41 $ (629) $ 4 $ (19) $ 7,225 $ 210 Liabilities Other borrowed funds $ 9 $ 9 $ (10) $ 8 Financial derivatives 152 $ 246 $ 4 (121) 281 $ 252 Other liabilities 237 (4) 29 (86) 176 11 Total liabilities $ 398 $ 242 $ 4 $ 38 $ (217) $ 465 $ 263 Net gains (losses) $ (7) (e) $ (53) (f) (Continued from previous page) Nine Months Ended September 30, 2023 Total realized / unrealized Unrealized gains/losses for the period on assets and liabilities held on Consolidated Balance Sheet at Sept. 30, 2023 (a) (c) Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Value Sept. 30, 2023 Assets Residential mortgage $ 243 $ (3) $ 12 $ (131) $ (9) $ 4 $ (19) (d) $ 97 $ (3) Commercial mortgage 33 (8) 25 Securities available for sale Residential mortgage- 819 13 $ (16) (103) 713 Commercial mortgage- 3 92 95 Asset-backed 124 1 (3) (19) 103 Other 55 (1) (3) 6 (4) 3 56 Total securities 1,001 13 (22) 6 (126) 95 967 Loans 769 11 39 (1) (77) 17 (20) (d) 738 11 Equity investments 1,778 136 444 (495) (134) (g) 1,729 103 Residential mortgage 2,310 248 438 $ 17 (176) 2,837 248 Commercial mortgage 1,113 238 27 38 (247) 1,169 238 Financial derivatives 5 13 3 (15) 6 16 Other assets 1 4 5 Total assets $ 7,252 $ 656 $ (22) $ 970 $ (627) $ 55 $ (658) $ 120 $ (173) $ 7,573 $ 613 Liabilities Other borrowed funds $ 4 $ 9 $ (6) $ 7 Financial derivatives 123 $ 168 $ 5 (188) 108 $ 173 Other liabilities 294 61 436 (541) 250 41 Total liabilities $ 421 $ 229 $ 5 $ 445 $ (735) $ 365 $ 214 Net gains (losses) $ 427 (e) $ 399 (f) (a) Losses for assets are bracketed while losses for liabilities are not. (b) The difference in unrealized gains and losses for the period included in Other comprehensive income and changes in unrealized gains and losses for the period included in Other comprehensive income for securities available for sale held at the end of the reporting period were insignificant. (c) The amount of the total gains or losses for the period included in earnings that is attributable to the change in unrealized gains or losses related to those assets and liabilities held at the end of the reporting period. (d) Residential mortgage loan transfers out of Level 3 are primarily driven by residential mortgage loans transferring to OREO as well as reclassification of mortgage loans held for sale to held for investment. (e) Net gains (losses) realized and unrealized included in earnings related to Level 3 assets and liabilities included amortization and accretion. The amortization and accretion amounts were included in Interest income on the Consolidated Income Statement and the remaining net gains (losses) realized and unrealized were included in Noninterest income on the Consolidated Income Statement. (f) Net unrealized gains (losses) related to assets and liabilities held at the end of the reporting period were included in Noninterest income on the Consolidated Income Statement. (g) Transfers out of Level 3 during the prior period were due to valuation methodology changes for certain private company investments. See Note 1 Accounting Policies in our 2023 Form 10-K for more information on our accounting for private company investments.
Fair Value Measurements - Recurring Quantitative Information	Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities follows: Table 68: Fair Value Measurements – Recurring Quantitative Information September 30, 2024 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 4 Discounted cash flow Spread over the benchmark curve (b) 570bps - 1,085bps (980bps) Residential mortgage-backed 628 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (4.2%) Constant default rate 0.0% - 12.0% (1.9%) Loss severity 15.0% - 77.4% (43.2%) Spread over the benchmark curve (b) 247bps weighted-average Asset-backed securities 96 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 8.0% (3.8%) Constant default rate 0.0% - 7.0% (1.5%) Loss severity 35.0% - 100.0% (46.8%) Spread over the benchmark curve (b) 193bps weighted-average Loans - Residential real estate - Uninsured 518 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (57.2%) Loss severity 0.0% - 100.0% (5.1%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 70 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 6.8% weighted-average Loans - Home equity - First-lien 16 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (56.9%) Loss severity 0.0% - 100.0% (12.3%) Discount rate 5.5% - 7.5% (6.1%) Loans - Home equity 80 Consensus pricing (c) Credit and liquidity discount 0.3% - 100.0% (41.0%) Equity investments 2,063 Multiple of adjusted earnings Multiple of earnings 5.5x - 27.0x (10.3x) Residential mortgage servicing rights 2,528 Discounted cash flow Constant prepayment rate 0.0% - 51.6% (7.2%) Spread over the benchmark curve (b) 221bps - 1,732bps (755bps) Commercial mortgage servicing rights 975 Discounted cash flow Constant prepayment rate 4.3% - 9.1% (4.4%) Discount rate 9.0% - 10.9% (10.7%) Financial derivatives - Swaps related to (276) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 1.54 weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q1 2026 Insignificant Level 3 assets, net of 58 Total Level 3 assets, net of liabilities (e) $ 6,760 (Continued from previous page) December 31, 2023 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 11 Discounted cash flow Spread over the benchmark curve (b) 575bps - 3,610bps (1,647bps) Residential mortgage-backed 696 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (3.7%) Constant default rate 0.0% - 12.0% (2.7%) Loss severity 10.0% - 69.0% (41.2%) Spread over the benchmark curve (b) 285bps weighted-average Asset-backed securities 102 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 28.0% (5.1%) Constant default rate 0.0% - 4.3% (1.7%) Loss severity 20.0% - 100.0% (49.5%) Spread over the benchmark curve (b) 248bps weighted-average Loans - Residential real estate - Uninsured 546 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (59.1%) Loss severity 0.0% - 100.0% (5.4%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 75 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 7.8% weighted-average Loans - Home equity - First-lien 18 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (60.9%) Loss severity 0.0% - 100.0% (14.4%) Discount rate 5.5% - 7.5% (6.2%) Loans - Home equity 87 Consensus pricing (c) Credit and liquidity discount 0.3% - 100.0% (43.8%) Equity investments 1,952 Multiple of adjusted earnings Multiple of earnings 4.5x - 26.7x (10.1x) Residential mortgage servicing rights 2,654 Discounted cash flow Constant prepayment rate 0.0% - 33.6% (6.4%) Spread over the benchmark curve (b) 337bps - 1,668bps (765bps) Commercial mortgage servicing rights 1,032 Discounted cash flow Constant prepayment rate 5.3% - 9.7% (5.5%) Discount rate 7.6% - 10.0% (9.6%) Financial derivatives - Swaps related to (145) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 1.59 weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q3 2024 Insignificant Level 3 assets, net of 22 Total Level 3 assets, net of liabilities (e) $ 7,050 (a) Unobservable inputs were weighted by the relative fair value of the instruments. (b) The assumed yield spread over the benchmark curve for each instrument is generally intended to incorporate non-interest rate risks, such as credit and liquidity risks. (c) Consensus pricing refers to fair value estimates that are generally internally developed using information such as dealer quotes or other third-party provided valuations or comparable asset prices. (d) Represents the aggregate amount of Level 3 assets and liabilities measured at fair value on a recurring basis that are individually and in the aggregate insignificant. The amount includes certain financial derivative assets and liabilities, trading securities, other securities, residential mortgage loans held for sale, other assets, other borrowed funds and other liabilities. (e)
Fair Value Measurements - Nonrecurring	Assets measured at fair value on a nonrecurring basis follow: Table 69: Fair Value Measurements – Nonrecurring (a) (b) (c) Fair Value Gains (Losses) Gains (Losses) In millions September 30 December 31 September 30 September 30 September 30 September 30 Assets Nonaccrual loans $ 795 $ 578 $ (180) $ (84) $ (333) $ (260) Equity investments 47 203 1 (15) (1) (19) OREO and foreclosed assets 7 12 (1) (1) (1) Long-lived assets 9 9 (1) (3) (7) (17) Total assets $ 858 $ 802 $ (180) $ (103) $ (342) $ (297) (a) All Level 3 for the periods presented, except for $30 million included in Equity investments which was categorized as Level 1 as of December 31, 2023. (b) Valuation techniques applied were fair value of property or collateral. (c) Unobservable inputs used were appraised value/sales price, broker opinions or projected income/required improvement costs. Additional quantitative information was not meaningful for the periods presented.
Fair Value Option - Fair Value and Principal Balances	Fair values and aggregate unpaid principal balances of items for which we elected the fair value option are as follows: Table 70: Fair Value Option – Fair Value and Principal Balances September 30, 2024 December 31, 2023 In millions Fair Value Aggregate Unpaid Difference Fair Value Aggregate Unpaid Difference Assets Residential mortgage loans held for sale Accruing loans less than 90 days past due $ 623 $ 613 $ 10 $ 432 $ 429 $ 3 Accruing loans 90 days or more past due 6 6 6 6 Nonaccrual loans 29 35 (6) 36 43 (7) Total $ 658 $ 654 $ 4 $ 474 $ 478 $ (4) Commercial mortgage loans held for sale (a) (b) Accruing loans less than 90 days past due $ 77 $ 77 $ 238 $ 228 $ 10 Loans Accruing loans less than 90 days past due $ 505 $ 518 $ (13) $ 507 $ 520 $ (13) Accruing loans 90 days or more past due 118 129 (11) 146 156 (10) Nonaccrual loans 550 735 (185) 585 793 (208) Total $ 1,173 $ 1,382 $ (209) $ 1,238 $ 1,469 $ (231) Other assets $ 113 $ 104 $ 9 $ 85 $ 69 $ 16 Liabilities Other borrowed funds $ 29 $ 30 $ (1) $ 39 $ 40 $ (1) Other liabilities $ 98 $ 98 $ 124 $ 124 (a) There were no accruing loans 90 days or more past due within this category at September 30, 2024 or December 31, 2023. (b) There were no nonaccrual loans within this category at September 30, 2024 or December 31, 2023.
Fair Value Option - Changes in Fair Value	The changes in fair value for items for which we elected the fair value option are as follows: Table 71: Fair Value Option – Changes in Fair Value (a) Gains (Losses) Gains (Losses) Three months ended Nine months ended September 30 September 30 September 30 September 30 In millions 2024 2023 2024 2023 Assets Residential mortgage loans held for sale $ 18 $ (3) $ 32 $ 14 Commercial mortgage loans held for sale $ 3 $ 6 $ 12 $ 29 Loans $ 6 $ 8 $ 18 $ 17 Other assets $ 17 $ 20 $ (12) Liabilities Other liabilities $ (3) $ (12) $ (41) (a) The impact on earnings of offsetting hedged items or hedging instruments is not reflected in these amounts.
Additional Fair Value Information Related to Other Financial Instruments	The following table presents the carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of all other financial instruments that are not recorded on our Consolidated Balance Sheet at fair value as of September 30, 2024 and December 31, 2023. For more information regarding the methods and assumptions used to estimate the fair values of financial instruments included in Table 72, see Note 14 Fair Value in our 2023 Form 10-K. Table 72: Additional Fair Value Information Related to Other Financial Instruments Carrying Fair Value In millions Amount Total Level 1 Level 2 Level 3 September 30, 2024 Assets Cash and due from banks $ 6,162 $ 6,162 $ 6,162 Interest-earning deposits with banks (a) 35,024 35,024 34,572 $ 452 Securities held to maturity 83,850 81,398 28,682 52,560 $ 156 Net loans (excludes leases) 308,893 304,957 304,957 Other assets 6,219 6,219 6,210 9 Total assets $ 440,148 $ 433,760 $ 69,416 $ 59,222 $ 305,122 Liabilities Time deposits $ 37,394 $ 37,500 $ 37,500 Borrowed funds 66,438 67,371 66,388 $ 983 Unfunded lending related commitments 725 725 725 Other liabilities 1,332 1,332 1,332 Total liabilities $ 105,889 $ 106,928 $ 105,220 $ 1,708 December 31, 2023 Assets Cash and due from banks $ 6,921 $ 6,921 $ 6,921 Interest-earning deposits with banks (a) 43,804 43,804 43,313 $ 491 Securities held to maturity 90,790 86,948 30,943 55,850 $ 155 Net loans (excludes leases) 308,936 299,645 299,645 Other assets 5,872 5,872 5,872 Total assets $ 456,323 $ 443,190 $ 81,177 $ 62,213 $ 299,800 Liabilities Time deposits $ 31,569 $ 31,602 $ 31,602 Borrowed funds 71,816 72,369 71,194 $ 1,175 Unfunded lending related commitments 663 663 663 Other liabilities 1,091 1,091 1,091 Total liabilities $ 105,139 $ 105,725 $ 103,887 $ 1,838 (a) In the second quarter of 2024, we reclassified balances held at the Federal Reserve Bank from Level 2 to Level 1 to align with our updated cash and cash equivalents policy. For additional details, see Note 1 Accounting Policies.

Financial Derivatives (Tables)

Financial Derivatives (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Total Gross Derivatives	The following table presents the notional and gross fair value amounts of all derivative assets and liabilities held by us: Table 73: Total Gross Derivatives (a) September 30, 2024 December 31, 2023 In millions Notional / Asset Fair Liability Fair Notional / Asset Fair Liability Fair Derivatives used for hedging Interest rate contracts: Fair value hedges (d) $ 54,084 $ 32,079 Cash flow hedges (d) 48,847 33,302 Cash flow hedges - other (e) 25,000 $ 349 $ 88 25,000 $ 327 $ 137 Foreign exchange contracts: Net investment hedges 1,212 1 62 1,174 2 Total derivatives designated for hedging $ 129,143 $ 350 $ 150 $ 91,555 $ 327 $ 139 Derivatives not used for hedging Derivatives used for mortgage banking activities (f): Interest rate contracts: Swaps $ 49,343 $ 43,450 Futures (g) 9,863 10,370 Mortgage-backed commitments 4,879 $ 67 $ 60 3,093 $ 66 $ 67 Other 11,058 39 10 15,544 46 22 Total interest rate contracts 75,143 106 70 72,457 112 89 Derivatives used for customer-related activities: Interest rate contracts: Swaps 409,026 1,769 3,094 401,607 1,723 4,228 Futures (g) 133 73 Mortgage-backed commitments 6,543 8 9 2,592 9 25 Other 30,920 118 100 28,489 186 169 Total interest rate contracts 446,622 1,895 3,203 432,761 1,918 4,422 Commodity contracts: Swaps 6,308 383 360 6,714 577 569 Other 9,353 239 238 4,797 188 188 Total commodity contracts 15,661 622 598 11,511 765 757 Foreign exchange contracts and other 38,372 315 257 32,885 295 239 Total derivatives for customer-related activities 500,655 2,832 4,058 477,157 2,978 5,418 Derivatives used for other risk management activities: Foreign exchange contracts and other 11,568 20 349 14,882 12 253 Total derivatives not designated for hedging $ 587,366 $ 2,958 $ 4,477 $ 564,496 $ 3,102 $ 5,760 Total gross derivatives $ 716,509 $ 3,308 $ 4,627 $ 656,051 $ 3,429 $ 5,899 Less: Impact of legally enforceable master netting agreements 1,431 1,431 1,406 1,406 Less: Cash collateral received/paid 761 836 1,126 955 Total derivatives $ 1,116 $ 2,360 $ 897 $ 3,538 (a) Centrally cleared derivatives are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet . (b) Included in Other assets on our Consolidated Balance Sheet. (c) Included in Other liabilities on our Consolidated Balance Sheet. (d) Represents primarily swaps. (e) Represents caps and floors. (f) Includes both residential and commercial mortgage banking activities. (g)
Schedule of Fair Value and Cash Flow Hedges	Further detail regarding gains (losses) related to our fair value and cash flow hedge derivatives is presented in the following table: Table 74: Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement (a) (b) Location and Amount of Gains (Losses) Recognized in Income Interest Income Interest Expense Noninterest Income In millions Loans Investment Securities Borrowed Funds Other For the three months ended September 30, 2024 Total amounts in the Consolidated Income Statement $ 4,954 $ 1,097 $ 1,182 $ 69 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ 529 $ (1,089) Derivatives $ (521) $ 1,079 Amounts related to interest settlements on derivatives $ 46 $ (195) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (304) $ (9) Other amounts related to interest settlements on derivatives $ 5 For the three months ended September 30, 2023 Total amounts in the Consolidated Income Statement $ 4,643 $ 892 $ 993 $ 94 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (156) $ 416 Derivatives $ 158 $ (421) Amounts related to interest settlements on derivatives $ 8 $ (167) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (418) $ (8) Other amounts related to interest settlements on derivatives $ 32 For the nine months ended September 30, 2024 Total amounts on the Consolidated Income Statement $ 14,615 $ 2,981 $ 3,523 $ 536 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ 637 $ (654) Derivatives $ (632) $ 632 Amounts related to interest settlements on derivatives $ 85 $ (560) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (1,020) $ (24) $ (28) Other amounts related to interest settlements on derivatives $ 47 For the nine months ended September 30, 2023 Total amounts on the Consolidated Income Statement $ 13,424 $ 2,660 $ 2,679 $ 481 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (157) $ 551 Derivatives $ 163 $ (569) Amounts related to interest settlements on derivatives $ 20 $ (427) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (1,108) $ (21) Other amounts related to interest settlements on derivatives $ 87 (a) For all periods presented, there were no components of derivative gains or losses excluded from the assessment of hedge effectiveness for any of the fair value or cash flow hedge strategies. (b) All cash flow and fair value hedge derivatives were interest rate contracts for the periods presented. (c) Includes an insignificant amount of fair value hedge adjustments related to discontinued hedge relationships. (d)
Schedule of Fair Value Hedges	Detail regarding the impact of fair value hedge accounting on the carrying value of the hedged items is presented in the following table: Table 75: Hedged Items - Fair Value Hedges September 30, 2024 December 31, 2023 In millions Carrying Value of the Hedged Items Cumulative Fair Carrying Value of the Hedged Items Cumulative Fair Value Investment securities - available for sale (b) $ 19,063 $ 513 $ 2,076 $ (122) Borrowed funds $ 35,469 $ (83) $ 30,503 $ (737) (a) Includes less than $(0.1) billion of fair value hedge adjustments primarily related to discontinued borrowed funds hedge relationships at both September 30, 2024 and December 31, 2023. (b) Carrying value shown represents amortized cost.
Gains (Losses) on Derivatives Not Designated as Hedging Instruments under GAAP	Further detail regarding the gains (losses) on derivatives not designated in hedging relationships is presented in the following table: Table 76: Gains (Losses) on Derivatives Not Designated for Hedging Three months ended September 30 Nine months ended September 30 In millions 2024 2023 2024 2023 Derivatives used for mortgage banking activities: Interest rate contracts (a) $ 203 $ (224) $ 35 $ (301) Derivatives used for customer-related activities: Interest rate contracts (21) 11 (58) 46 Foreign exchange contracts and other 77 31 152 145 Gains from customer-related activities (b) 56 42 94 191 Derivatives used for other risk management activities: Foreign exchange contracts and other (b) (301) 129 (269) (85) Total gains (losses) from derivatives not designated as hedging instruments $ (42) $ (53) $ (140) $ (195) (a) Included in Residential and commercial mortgage noninterest income on our Consolidated Income Statement. (b) Included in Capital markets and advisory and Other noninterest income on our Consolidated Income Statement.
Derivative Assets And Liabilities Offsetting	Table 77: Derivative Assets and Liabilities Offsetting In millions Amounts Offset on the Securities Collateral Held/Pledged Under Master Netting Agreements Gross Fair Value Cash Net Net Amounts September 30, 2024 Derivative assets Interest rate contracts: Over-the-counter cleared $ 11 $ 11 $ 11 Over-the-counter 2,339 $ 944 $ 599 796 $ 1 795 Commodity contracts 622 370 137 115 1 114 Foreign exchange and other contracts 336 117 25 194 194 Total derivative assets $ 3,308 $ 1,431 $ 761 $ 1,116 (a) $ 2 $ 1,114 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 16 $ 16 $ 16 Over-the-counter 3,345 $ 871 $ 785 1,689 $ 40 1,649 Commodity contracts 598 345 8 245 245 Foreign exchange and other contracts 668 215 43 410 410 Total derivative liabilities $ 4,627 $ 1,431 $ 836 $ 2,360 (b) $ 40 $ 2,320 December 31, 2023 Derivative assets Interest rate contracts: Over-the-counter cleared $ 19 $ 19 $ 19 Over-the-counter 2,338 $ 976 $ 767 595 $ 61 534 Commodity contracts 765 316 283 166 5 161 Foreign exchange and other contracts 307 114 76 117 117 Total derivative assets $ 3,429 $ 1,406 $ 1,126 $ 897 (a) $ 66 $ 831 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 36 $ 36 $ 36 Over-the-counter 4,612 $ 885 $ 942 2,785 $ 58 2,727 Commodity contracts 757 332 425 425 Foreign exchange and other contracts 494 189 13 292 292 Total derivative liabilities $ 5,899 $ 1,406 $ 955 $ 3,538 (b) $ 58 $ 3,480 (a) Represents the net amount of derivative assets included in Other assets on our Consolidated Balance Sheet. (b) Represents the net amount of derivative liabilities included in Other liabilities on our Consolidated Balance Sheet.
Credit-Risk Contingent Features	Table 78: Credit-Risk Contingent Features In billions September 30, 2024 December 31, 2023 Net derivative liabilities with credit-risk contingent features $ 3.1 $ 4.2 Less: Collateral posted 0.9 1.0 Maximum additional amount of collateral exposure $ 2.2 $ 3.2

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Results of Businesses	Table 79: Results of Businesses Three months ended September 30 Retail Banking Corporate & Asset Other Consolidated (a) 2024 Income Statement Net interest income $ 2,783 $ 1,588 $ 161 $ (1,122) $ 3,410 Noninterest income 701 1,030 242 49 2,022 Total revenue 3,484 2,618 403 (1,073) 5,432 Provision for (recapture of) credit losses 111 134 (2) 243 Depreciation and amortization 78 50 6 147 281 Other noninterest expense 1,764 900 264 118 3,046 Income (loss) before income taxes (benefit) and noncontrolling interests 1,531 1,534 135 (1,338) 1,862 Income taxes (benefit) 358 332 31 (364) 357 Net income (loss) 1,173 1,202 104 (974) 1,505 Less: Net income attributable to noncontrolling interests 9 5 1 15 Net income (loss) excluding noncontrolling interests $ 1,164 $ 1,197 $ 104 $ (975) $ 1,490 Average Assets $ 114,257 $ 227,277 $ 16,928 $ 211,051 $ 569,513 2023 Income Statement Net interest income $ 2,576 $ 1,390 $ 139 $ (687) $ 3,418 Noninterest income 784 835 223 (27) 1,815 Total revenue 3,360 2,225 362 (714) 5,233 Provision for (recapture of) credit losses 42 102 (4) (11) 129 Depreciation and amortization 80 52 9 144 285 Other noninterest expense 1,796 843 262 59 2,960 Income (loss) before income taxes (benefit) and noncontrolling interests 1,442 1,228 95 (906) 1,859 Income taxes (benefit) 337 263 22 (333) 289 Net income (loss) 1,105 965 73 (573) 1,570 Less: Net income attributable to noncontrolling interests 11 5 16 Net income (loss) excluding noncontrolling interests $ 1,094 $ 960 $ 73 $ (573) $ 1,554 Average Assets $ 114,724 $ 230,082 $ 16,161 $ 193,996 $ 554,963 (Continued from previous page) Nine months ended September 30 Retail Corporate & Asset Other Consolidated (a) 2024 Income Statement Net interest income $ 8,109 $ 4,639 $ 481 $ (3,253) $ 9,976 Noninterest income 2,874 2,860 707 (429) 6,012 Total revenue 10,983 7,499 1,188 (3,682) 15,988 Provision for (recapture of) credit losses 256 409 (5) (27) 633 Depreciation and amortization 237 151 22 436 846 Other noninterest expense 5,283 2,632 774 483 9,172 Income (loss) before income taxes (benefit) and noncontrolling interests 5,207 4,307 397 (4,574) 5,337 Income taxes (benefit) 1,215 928 93 (1,225) 1,011 Net income (loss) 3,992 3,379 304 (3,349) 4,326 Less: Net income attributable to noncontrolling interests 28 15 4 47 Net income (loss) excluding noncontrolling interests $ 3,964 $ 3,364 $ 304 $ (3,353) $ 4,279 Average Assets $ 114,522 $ 228,518 $ 16,891 $ 205,215 $ 565,146 2023 Income Statement Net interest income $ 7,305 $ 4,122 $ 391 $ (1,305) $ 10,513 Noninterest income 2,229 2,542 681 164 5,616 Total revenue 9,534 6,664 1,072 (1,141) 16,129 Provision for (recapture of) credit losses 266 283 (5) (34) 510 Depreciation and amortization 239 159 22 430 850 Other noninterest expense 5,468 2,596 809 215 9,088 Income (loss) before income taxes (benefit) and noncontrolling interests 3,561 3,626 246 (1,752) 5,681 Income taxes (benefit) 834 775 58 (750) 917 Net income (loss) 2,727 2,851 188 (1,002) 4,764 Less: Net income attributable to noncontrolling interests 32 15 3 50 Net income (loss) excluding noncontrolling interests $ 2,695 $ 2,836 $ 188 $ (1,005) $ 4,714 Average Assets $ 114,975 $ 232,914 $ 15,578 $ 194,107 $ 557,574 (a) There were no material intersegment revenues for the three and nine months ended September 30, 2024 and 2023.

Fee-Based Revenue from Contra_2

Fee-Based Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income	Table 80 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments’ principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment’s principal products and services, see Note 23 Fee-based Revenue from Contracts with Customers in our 2023 Form 10-K. Table 80: Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income Three Months Ended Three Months Ended Retail Banking Corporate & Asset Management Group Retail Banking Corporate & Asset Management Group Asset management and brokerage Asset management fees $ 238 $ 217 Brokerage fees $ 145 $ 129 2 Total asset management and brokerage 145 238 129 219 Card and cash management Treasury management fees 10 $ 372 10 $ 351 Debit card fees 177 175 Net credit card fees (a) 46 54 Merchant services 40 18 42 20 Other 23 24 Total card and cash management 296 390 305 371 Lending and deposit services Deposit account fees 166 170 Other 19 7 18 8 Total lending and deposit services 185 7 188 8 Residential and commercial mortgage (b) 32 32 Capital markets and advisory 261 124 Other 16 22 Total in-scope noninterest income 626 706 238 622 557 219 Out-of-scope noninterest income (c) 75 324 4 162 278 4 Noninterest income by business segment $ 701 $ 1,030 $ 242 $ 784 $ 835 $ 223 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 1,570 $ 1,398 Out-of-scope business segment noninterest income (c) 403 444 Noninterest income from Other (d) 49 (27) Noninterest income as shown on the Consolidated Income Statement $ 2,022 $ 1,815 (Continued from previous page) Nine Months Ended Nine Months Ended Retail Banking Corporate & Asset Retail Banking Corporate & Asset Asset management and brokerage Asset management fees $ 694 $ 663 Brokerage fees $ 417 $ 383 6 Total asset management and brokerage 417 694 383 669 Card and cash management Treasury management fees 31 $ 1,100 31 $ 1,024 Debit card fees 520 518 Net credit card fees (a) 149 173 Merchant services 118 56 126 58 Other 67 73 Total card and cash management 885 1,156 921 1,082 Lending and deposit services Deposit account fees 479 476 Other 54 24 54 24 Total lending and deposit services 533 24 530 24 Residential and commercial mortgage (b) 90 114 Capital markets and advisory 644 410 Other 44 44 Total in-scope noninterest income 1,835 1,958 694 1,834 1,674 669 Out-of-scope noninterest income (c) 1,039 902 13 395 868 12 Noninterest income by business segment $ 2,874 $ 2,860 $ 707 $ 2,229 $ 2,542 $ 681 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 4,487 $ 4,177 Out-of-scope business segment noninterest income (c) 1,954 1,275 Noninterest income from Other (d) (429) 164 Noninterest income as shown on the Consolidated Income Statement $ 6,012 $ 5,616 (a) Net credit card fees consist of interchange fees of $167 million and $169 million and credit card reward costs totaled $121 million and $115 million for the three months ended September 30, 2024 and 2023, respectively. Net credit card fees consist of interchange fees of $496 million and $502 million and credit card reward costs of $347 million and $329 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment. (c) Out-of-scope noninterest income includes revenue streams that fall under the scope of other accounting and disclosure requirements outside of Topic 606. (d)

Accounting Policies (Details)

Accounting Policies (Details) $ in Millions		9 Months Ended
		Sep. 30, 2024 USD ($) country	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Accounting Policies [Abstract]
Number of countries outside the US where strategic international offices are held | country		4
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Amount moved out of Net cash provided (used) by investing activities	[1]	$ (9,539)	$ 12,421
Increase in net cash provided (used) by investing activities		(10,367)	12,450
Interest-bearing deposits		9,245	6,141
Decrease in other investing activities, net, less than		(587)	(989)
Cash, cash equivalents and restricted cash at end of period		$ 41,186	46,784	$ 50,725	$ 34,363
Revision of Prior Period, Reclassification, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Amount moved out of Net cash provided (used) by investing activities			14,200
Increase in net cash provided (used) by investing activities			14,200
Interest-bearing deposits			14,200
Decrease in other investing activities, net, less than			(100)
Cash, cash equivalents and restricted cash at end of period			$ 41,500		$ 27,300
[1] In the second quarter of 2024, we updated our policy for cash and cash equivalents to include interest-earning deposits with banks. See Note 1 Accounting Policies for additional information regarding this change to our cash and cash equivalents policy.

Investment Securities (Summary)

Investment Securities (Summary) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Securities Available for Sale
Total	$ 62,650	$ 45,353
Unrealized gains	458	257
Unrealized losses	(2,770)	(3,825)
Fair Value	60,338	41,785
Securities Held to Maturity
Total	83,845	90,784
Unrealized gains	312	179
Unrealized losses	(2,759)	(4,015)
Fair Value	81,398	86,948
Accrued interest, held-to-maturity	234	281
Accrued interest, available-for-sale	247	144
Debt securities, available for sale, amortized cost	88	86
Debt securities, held to maturity, amortized cost	5	6
Net unrealized losses, related to securities transferred at fair value to held to maturity at a point in time	$ 3,600	$ 4,200
Fitch, AAA OR AA Rating | Credit Concentration Risk | Investments
Securities Held to Maturity
Concentration risk, percentage	97%	97%
U.S. Treasury and government agencies
Securities Available for Sale
Total	$ 22,955	$ 7,596
Unrealized gains	106	22
Unrealized losses	(422)	(667)
Fair Value	22,639	6,951
Securities Held to Maturity
Total	33,824	36,529
Unrealized gains	24	9
Unrealized losses	(602)	(1,141)
Fair Value	33,246	35,397
Agency
Securities Available for Sale
Total	31,666	30,643
Unrealized gains	126	46
Unrealized losses	(2,131)	(2,809)
Fair Value	29,661	27,880
Securities Held to Maturity
Total	40,983	42,686
Unrealized gains	179	92
Unrealized losses	(2,090)	(2,733)
Fair Value	39,072	40,045
Residential mortgage- backed non-agency
Securities Available for Sale
Total	517	585
Unrealized gains	116	118
Unrealized losses	(5)	(7)
Fair Value	628	696
Securities Held to Maturity
Total	245	259
Unrealized gains
Unrealized losses	(10)	(17)
Fair Value	235	242
Agency
Securities Available for Sale
Total	1,980	1,680
Unrealized gains	5	1
Unrealized losses	(93)	(135)
Fair Value	1,892	1,546
Securities Held to Maturity
Total	972	939
Unrealized gains	17	9
Unrealized losses	(12)	(23)
Fair Value	977	925
Commercial mortgage- backed non-agency
Securities Available for Sale
Total	752	913
Unrealized gains		1
Unrealized losses	(18)	(45)
Fair Value	734	869
Securities Held to Maturity
Total	1,006	1,373
Unrealized gains	3	2
Unrealized losses	(10)	(27)
Fair Value	999	1,348
Asset-backed
Securities Available for Sale
Total	2,229	1,092
Unrealized gains	61	25
Unrealized losses	(1)	(1)
Fair Value	2,289	1,116
Securities Held to Maturity
Total	4,006	5,890
Unrealized gains	45	17
Unrealized losses	(11)	(39)
Fair Value	4,040	5,868
Other
Securities Available for Sale
Total	2,551	2,844
Unrealized gains	44	44
Unrealized losses	(100)	(161)
Fair Value	2,495	2,727
Securities Held to Maturity
Total	2,809	3,108
Unrealized gains	44	50
Unrealized losses	(24)	(35)
Fair Value	$ 2,829	$ 3,123

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Schedule of Investments [Line Items]
Net unsettled investment purchases	$ 952		$ 28
Investment securities, allowance for credit loss	93	$ 92
Pretax loss included in AOCI from derivatives	280		$ 297
Federal National Mortgage Association Certificates and Obligations (FNMA)
Schedule of Investments [Line Items]
Debt securities amortized cost amount of debt securities exceeds 10 percent of shareholders equity	35,900
Fair value of debt securities of a single issuer that exceeds 10 percent of shareholders equity	34,000
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans
Schedule of Investments [Line Items]
Debt securities amortized cost amount of debt securities exceeds 10 percent of shareholders equity	32,400
Fair value of debt securities of a single issuer that exceeds 10 percent of shareholders equity	$ 31,000

Investment Securities (Gross Un

Investment Securities (Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months	$ (39)	$ (8)
Unrealized loss position less than 12 months	12,348	1,108
Unrealized loss position 12 months or more	(2,709)	(3,792)
Unrealized loss position 12 months or more	26,908	34,766
Total	(2,748)	(3,800)
Total	39,256	35,874
U.S. Treasury and government agencies
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months	(37)
Unrealized loss position less than 12 months	11,531
Unrealized loss position 12 months or more	(385)	(666)
Unrealized loss position 12 months or more	1,962	6,035
Total	(422)	(666)
Total	13,493	6,035
Residential mortgage-backed | Mortgage-backed Securities Agency
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months	(1)	(4)
Unrealized loss position less than 12 months	577	1,015
Unrealized loss position 12 months or more	(2,130)	(2,805)
Unrealized loss position 12 months or more	21,064	24,306
Total	(2,131)	(2,809)
Total	21,641	25,321
Residential mortgage-backed | Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months		(1)
Unrealized loss position less than 12 months		15
Unrealized loss position 12 months or more	(3)	(4)
Unrealized loss position 12 months or more	52	84
Total	(3)	(5)
Total	52	99
Commercial mortgage servicing rights | Mortgage-backed Securities Agency
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months	(1)
Unrealized loss position less than 12 months	240
Unrealized loss position 12 months or more	(92)	(135)
Unrealized loss position 12 months or more	1,432	1,495
Total	(93)	(135)
Total	1,672	1,495
Commercial mortgage servicing rights | Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months
Unrealized loss position less than 12 months
Unrealized loss position 12 months or more	(18)	(45)
Unrealized loss position 12 months or more	600	731
Total	(18)	(45)
Total	600	731
Asset-backed
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months
Unrealized loss position less than 12 months
Unrealized loss position 12 months or more	(1)	(1)
Unrealized loss position 12 months or more	8	9
Total	(1)	(1)
Total	8	9
Other
Debt Securities, Available-for-sale [Line Items]
Unrealized loss position less than 12 months		(3)
Unrealized loss position less than 12 months		78
Unrealized loss position 12 months or more	(80)	(136)
Unrealized loss position 12 months or more	1,790	2,106
Total	(80)	(139)
Total	$ 1,790	$ 2,184

Investment Securities (Gains (L

Investment Securities (Gains (Losses) on Sales of Securities Available for Sale) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Gross Gains	$ 2
Gross Losses	(500)	(2)
Net Gains (Losses)	(498)	(2)
Tax Expense (Benefit)	$ (105)

Investment Securities (Contract

Investment Securities (Contractual Maturity of Securities) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Total securities available for sale at amortized cost
1 Year or Less	$ 956
After 1 Year through 5 Years	12,477
After 5 Years through 10 Years	15,944
After 10 Years	33,273
Total	62,650	$ 45,353
Available-for-sale, fair value
1 Year or Less	953
After 1 Year through 5 Years	12,432
After 5 Years through 10 Years	15,760
After 10 Years	31,193
Total	$ 60,338	41,785
Weighted-average yield, GAAP basis, available for sale securities	3.73%
Total securities held to maturity at amortized cost
1 Year or Less	$ 10,743
After 1 Year through 5 Years	23,050
After 5 Years through 10 Years	4,604
After 10 Years	45,448
Total	83,845	90,784
Held-to-maturity, fair value
1 Year or Less	10,690
After 1 Year through 5 Years	22,663
After 5 Years through 10 Years	4,532
After 10 Years	43,513
Total	$ 81,398	86,948
Weighted-average yield, GAAP basis, held to maturity securities	2.37%
1 Year or Less
Available-for-sale, fair value
Weighted-average yield, GAAP basis, available for sale securities	3.34%
Held-to-maturity, fair value
Weighted-average yield, GAAP basis, held to maturity securities	1.30%
After 1 Year through 5 Years
Available-for-sale, fair value
Weighted-average yield, GAAP basis, available for sale securities	3.61%
Held-to-maturity, fair value
Weighted-average yield, GAAP basis, held to maturity securities	1.51%
After 5 Years through 10 Years
Available-for-sale, fair value
Weighted-average yield, GAAP basis, available for sale securities	4.15%
Held-to-maturity, fair value
Weighted-average yield, GAAP basis, held to maturity securities	3.51%
After 10 Years
Available-for-sale, fair value
Weighted-average yield, GAAP basis, available for sale securities	3.59%
Held-to-maturity, fair value
Weighted-average yield, GAAP basis, held to maturity securities	2.95%
U.S. Treasury and government agencies
Total securities available for sale at amortized cost
1 Year or Less	$ 507
After 1 Year through 5 Years	8,700
After 5 Years through 10 Years	11,291
After 10 Years	2,457
Total	22,955	7,596
Available-for-sale, fair value
Total	22,639	6,951
Total securities held to maturity at amortized cost
1 Year or Less	10,401
After 1 Year through 5 Years	20,906
After 5 Years through 10 Years	1,640
After 10 Years	877
Total	33,824	36,529
Held-to-maturity, fair value
Total	33,246	35,397
Residential mortgage-backed | Mortgage-backed Securities Agency
Total securities available for sale at amortized cost
1 Year or Less	1
After 1 Year through 5 Years	218
After 5 Years through 10 Years	3,323
After 10 Years	28,124
Total	31,666
Total securities held to maturity at amortized cost
After 1 Year through 5 Years	8
After 5 Years through 10 Years	295
After 10 Years	40,680
Total	40,983
Residential mortgage-backed | Mortgage-backed Securities Non-agency
Total securities available for sale at amortized cost
After 5 Years through 10 Years	17
After 10 Years	500
Total	517
Total securities held to maturity at amortized cost
After 10 Years	245
Total	245
Commercial mortgage servicing rights | Mortgage-backed Securities Agency
Total securities available for sale at amortized cost
1 Year or Less	72
After 1 Year through 5 Years	953
After 5 Years through 10 Years	626
After 10 Years	329
Total	1,980
Total securities held to maturity at amortized cost
After 1 Year through 5 Years	180
After 5 Years through 10 Years	582
After 10 Years	210
Total	972
Commercial mortgage servicing rights | Mortgage-backed Securities Non-agency
Total securities available for sale at amortized cost
1 Year or Less	1
After 1 Year through 5 Years	103
After 5 Years through 10 Years	86
After 10 Years	562
Total	752
Total securities held to maturity at amortized cost
1 Year or Less
After 1 Year through 5 Years	46
After 10 Years	960
Total	1,006
Asset-backed
Total securities available for sale at amortized cost
After 1 Year through 5 Years	750
After 5 Years through 10 Years	318
After 10 Years	1,161
Total	2,229
Total securities held to maturity at amortized cost
1 Year or Less	17
After 1 Year through 5 Years	1,081
After 5 Years through 10 Years	1,716
After 10 Years	1,192
Total	4,006
Other
Total securities available for sale at amortized cost
1 Year or Less	375
After 1 Year through 5 Years	1,753
After 5 Years through 10 Years	283
After 10 Years	140
Total	2,551	2,844
Available-for-sale, fair value
Total	2,495	2,727
Total securities held to maturity at amortized cost
1 Year or Less	325
After 1 Year through 5 Years	829
After 5 Years through 10 Years	371
After 10 Years	1,284
Total	2,809	3,108
Held-to-maturity, fair value
Total	$ 2,829	$ 3,123

Investment Securities (Fair Val

Investment Securities (Fair Value of Securities Pledged and Accepted as Collateral) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Summary of Investment Holdings [Line Items]
Permitted by contract or custom to sell or repledge	$ 1,454	$ 755
Permitted amount repledged to others	1,454	755
Asset Pledged as Collateral
Summary of Investment Holdings [Line Items]
Debt securities, pledged to others	$ 71,329	$ 29,878

Loans and Related Allowance f_3

Loans and Related Allowance for Credit Losses (Narrative) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) portfolio_segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Number of portfolio segments | portfolio_segment		2
Financing receivable, after allowance for credit loss		$ 316,792		$ 316,717
Subsequently defaulted FDM/ TDR	$ 36		$ 84
Allowance for credit loss	$ 5,407	$ 5,314	$ 5,407	5,500
Short-Term Repayment Plan
Financing Receivable, Credit Quality Indicator [Line Items]
Weighted average interest rate reduction		4.99%
Short-Term Repayment Plan | Minimum
Financing Receivable, Credit Quality Indicator [Line Items]
Repayment plan term		6 months
Minimum payment percentage		1.90%
Short-Term Repayment Plan | Maximum
Financing Receivable, Credit Quality Indicator [Line Items]
Repayment plan term		12 months
Fully-amortized Repayment Plans
Financing Receivable, Credit Quality Indicator [Line Items]
Repayment plan term		60 months
Weighted average interest rate reduction		4.99%
Fully-amortized Repayment Plans | Minimum
Financing Receivable, Credit Quality Indicator [Line Items]
Minimum payment percentage		1.90%
Federal Reserve Bank | Asset Pledged as Collateral without Right
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, after allowance for credit loss		$ 46,200		51,300
Federal Home Loan Bank | Asset Pledged as Collateral without Right
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, after allowance for credit loss		$ 89,700		$ 89,500

Loans and Related Allowance f_4

Loans and Related Allowance for Credit Losses (Analysis of Loan Portfolio) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Total loans	[1]	$ 321,381	$ 321,508
Percentage of total loans, past due		100%	100%
Accrued interest on loan portfolio		$ 1,400	$ 1,500
Unearned income, unamortized deferred fees and costs on originated loans, and premiums or discounts on purchased loans		900	1,000
Collateral Dependent
Financing Receivable, Past Due [Line Items]
Total loans		1,900	1,400
Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 316,978	$ 317,359
Percentage of total loans, past due		98.63%	98.71%
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 614	$ 685
Percentage of total loans, past due		0.19%	0.21%
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 252	$ 270
Percentage of total loans, past due		0.08%	0.08%
90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 409	$ 429
Percentage of total loans, past due		0.13%	0.13%
Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 1,275	$ 1,384
Percentage of total loans, past due		0.40%	0.43%
Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		$ 2,578	$ 2,180
Percentage of total loans, past due		0.80%	0.68%
Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		$ 550	$ 585
Percentage of total loans, nonaccrual, past due		0.17%	0.18%
Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		$ 220,721	$ 219,558
Total commercial | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		218,706	217,961
Total commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		137	152
Total commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		52	53
Total commercial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		97	85
Total commercial | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		286	290
Total commercial | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		1,729	1,307
Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		100,660	101,950
Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		98,272	99,398
Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		477	533
Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		200	217
Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		312	344
Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		989	1,094
Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		849	873
Total consumer | Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		550	585
Commercial and industrial | Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		178,891	177,580
Commercial and industrial | Total commercial | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		177,926	176,796
Commercial and industrial | Total commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		106	104
Commercial and industrial | Total commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		40	45
Commercial and industrial | Total commercial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		97	76
Commercial and industrial | Total commercial | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		243	225
Commercial and industrial | Total commercial | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		722	559
Commercial real estate | Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		35,104	35,436
Commercial real estate | Total commercial | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		34,102	34,685
Commercial real estate | Total commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		9	7
Commercial real estate | Total commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans
Commercial real estate | Total commercial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans			9
Commercial real estate | Total commercial | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		9	16
Commercial real estate | Total commercial | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		993	735
Equipment lease financing | Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		6,726	6,542
Equipment lease financing | Total commercial | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		6,678	6,480
Equipment lease financing | Total commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		22	41
Equipment lease financing | Total commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		12	8
Equipment lease financing | Total commercial | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		34	49
Equipment lease financing | Total commercial | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		14	13
Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans		46,972	47,544
Residential real estate | Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		624	653
Residential real estate | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		46,972	47,544
Residential real estate | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		45,719	46,159
Residential real estate | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		238	282
Residential real estate | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		85	101
Residential real estate | Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		179	192
Residential real estate | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		502	575
Residential real estate | Total consumer | Total Past Due | Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		200	300
Residential real estate | Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		265	294
Residential real estate | Total consumer | Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		486	516
Home equity
Financing Receivable, Past Due [Line Items]
Total loans		25,970	26,150
Home equity | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		25,970	26,150
Home equity | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		25,341	25,533
Home equity | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		65	63
Home equity | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		27	27
Home equity | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		92	90
Home equity | Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		473	458
Home equity | Total consumer | Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		64	69
Automobile | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		15,135	14,860
Automobile | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		14,937	14,638
Automobile | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		81	91
Automobile | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		21	20
Automobile | Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		6	7
Automobile | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		108	118
Automobile | Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		90	104
Credit card | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		6,827	7,180
Credit card | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		6,639	6,991
Credit card | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		55	54
Credit card | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		39	39
Credit card | Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		79	86
Credit card | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		173	179
Credit card | Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		15	10
Education
Financing Receivable, Past Due [Line Items]
Total loans		1,693	1,945
Education | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		1,693	1,945
Education | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		1,611	1,850
Education | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		26	27
Education | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		16	19
Education | Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		40	49
Education | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		82	95
Education | Total consumer | Total Past Due | Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		100	100
Other consumer
Financing Receivable, Past Due [Line Items]
Total loans		4,063	4,271
Other consumer | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		4,063	4,271
Other consumer | Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		4,025	4,227
Other consumer | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		12	16
Other consumer | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		12	11
Other consumer | Total consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		8	10
Other consumer | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans		32	37
Other consumer | Total consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		$ 6	$ 7
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.

Loans and Related Allowance f_5

Loans and Related Allowance for Credit Losses (Nonperforming Assets) (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	[1]	$ 321,381	$ 321,508
Total assets		564,881	561,580
Nonperforming loans, without allowance for credit losses		600	500
Nonperforming Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		2,578	2,180
OREO and foreclosed assets		31	36
Total assets		$ 2,609	$ 2,216
Nonperforming loans to total loans		0.80%	0.68%
Nonperforming assets to total loans, OREO and foreclosed assets		0.81%	0.69%
Nonperforming assets to total assets		0.46%	0.39%
Total commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 220,721	$ 219,558
Total commercial | Nonperforming Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,729	1,307
Total consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		100,660	101,950
Total consumer | Nonperforming Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 849	$ 873
Unsecured Consumer Loans | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold period of financing receivable past due, writeoff		120 days
Unsecured Consumer Loans | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold period of financing receivable past due, writeoff		180 days
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.

Loans and Related Allowance f_6

Loans and Related Allowance for Credit Losses (Commercial Lending Asset Quality Indicators) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,381		$ 321,381		$ 321,508
Gross charge-offs
Total		376	$ 233	1,081	$ 808
Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		20,398		20,398		29,806
Year two		24,293		24,293		39,814
Year three		31,472		31,472		12,512
Year four		10,025		10,025		9,535
Year five		7,901		7,901		10,387
Prior		27,477		27,477		23,271
Revolving Loans		98,431		98,431		93,609
Revolving Loans Converted to Term		724		724		624
Total loans, net		220,721		220,721		219,558
Gross charge-offs
Year one				16		29
Year two				33		36
Year three				51		37
Year four				28		24
Year five				8		35
Prior				272		164
Revolving Loans				86		105
Revolving Loans Converted to Term				52		12
Total		200	$ 72	546	$ 327	442
Commercial | Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		17,270		17,270		23,857
Year two		17,198		17,198		28,438
Year three		20,619		20,619		8,301
Year four		6,408		6,408		6,114
Year five		5,120		5,120		4,391
Prior		13,590		13,590		12,680
Revolving Loans		98,022		98,022		93,175
Revolving Loans Converted to Term		664		664		624
Total loans, net		178,891		178,891		177,580
Gross charge-offs
Year one				16		25
Year two				23		32
Year three				43		33
Year four				22		8
Year five				4		3
Prior				4		26
Revolving Loans				86		105
Revolving Loans Converted to Term				52		12
Total				250		244
Commercial | Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,815		1,815		4,337
Year two		5,672		5,672		9,871
Year three		9,565		9,565		3,441
Year four		3,012		3,012		2,680
Year five		2,216		2,216		5,509
Prior		12,355		12,355		9,164
Revolving Loans		409		409		434
Revolving Loans Converted to Term		60		60
Total loans, net		35,104		35,104		35,436
Gross charge-offs
Year one
Year two				5
Year three
Year four				2		12
Year five				1		31
Prior				263		137
Revolving Loans
Revolving Loans Converted to Term
Total				271		180
Commercial | Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,313		1,313		1,612
Year two		1,423		1,423		1,505
Year three		1,288		1,288		770
Year four		605		605		741
Year five		565		565		487
Prior		1,532		1,532		1,427
Revolving Loans
Revolving Loans Converted to Term
Total loans, net		6,726		6,726		6,542
Gross charge-offs
Year one						4
Year two				5		4
Year three				8		4
Year four				4		4
Year five				3		1
Prior				5		1
Revolving Loans
Revolving Loans Converted to Term
Total				25		18
Pass Rated | Commercial | Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		16,786		16,786		23,019
Year two		16,119		16,119		26,657
Year three		18,362		18,362		7,562
Year four		5,682		5,682		5,783
Year five		4,954		4,954		4,110
Prior		12,864		12,864		11,982
Revolving Loans		92,692		92,692		88,467
Revolving Loans Converted to Term		600		600		573
Total loans, net		168,059		168,059		168,153
Pass Rated | Commercial | Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,717		1,717		4,182
Year two		5,419		5,419		8,571
Year three		7,664		7,664		2,986
Year four		2,514		2,514		2,190
Year five		1,763		1,763		4,887
Prior		10,273		10,273		7,411
Revolving Loans		390		390		383
Revolving Loans Converted to Term		9		9
Total loans, net		29,749		29,749		30,610
Pass Rated | Commercial | Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,267		1,267		1,522
Year two		1,318		1,318		1,424
Year three		1,206		1,206		689
Year four		544		544		690
Year five		538		538		452
Prior		1,496		1,496		1,378
Revolving Loans
Revolving Loans Converted to Term
Total loans, net		6,369		6,369		6,155
Criticized | Commercial | Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		484		484		838
Year two		1,079		1,079		1,781
Year three		2,257		2,257		739
Year four		726		726		331
Year five		166		166		281
Prior		726		726		698
Revolving Loans		5,330		5,330		4,708
Revolving Loans Converted to Term		64		64		51
Total loans, net		10,832		10,832		9,427
Criticized | Commercial | Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		98		98		155
Year two		253		253		1,300
Year three		1,901		1,901		455
Year four		498		498		490
Year five		453		453		622
Prior		2,082		2,082		1,753
Revolving Loans		19		19		51
Revolving Loans Converted to Term		51		51
Total loans, net		5,355		5,355		4,826
Criticized | Commercial | Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		46		46		90
Year two		105		105		81
Year three		82		82		81
Year four		61		61		51
Year five		27		27		35
Prior		36		36		49
Revolving Loans
Revolving Loans Converted to Term
Total loans, net		$ 357		$ 357		$ 387
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.

Loans and Related Allowance f_7

Loans and Related Allowance for Credit Losses (Home Equity and Residential Real Estate Credit Quality Indicators) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,381		$ 321,381		$ 321,508
Gross charge-offs
Total		376	$ 233	1,081	$ 808
Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		2,195		2,195		5,335
Year two		4,838		4,838		10,064
Year three		9,649		9,649		15,484
Year four		14,854		14,854		6,832
Year five		6,472		6,472		2,270
Prior		8,964		8,964		7,559
Total loans, net		46,972		46,972		47,544
Gross charge-offs
Year two						2
Year three						1
Year four						1
Prior				2		4
Total				2		8
Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						162
Year four		151		151		1,918
Year five		1,764		1,764		868
Prior		3,003		3,003		2,592
Revolving Loans		8,297		8,297		8,265
Revolving Loans Converted to Term		12,755		12,755		12,345
Total loans, net		25,970		25,970		26,150
Gross charge-offs
Prior				1		4
Revolving Loans				13		7
Revolving Loans Converted to Term				13		10
Total				27		21
Greater than or equal to 780 | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,302		1,302		3,206
Year two		3,337		3,337		7,797
Year three		7,639		7,639		12,197
Year four		11,832		11,832		5,035
Year five		4,726		4,726		1,492
Prior		5,042		5,042		4,004
Total loans, net		33,878		33,878		33,731
Greater than or equal to 780 | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						102
Year four		96		96		1,254
Year five		1,177		1,177		489
Prior		1,845		1,845		1,605
Revolving Loans		4,626		4,626		4,604
Revolving Loans Converted to Term		6,203		6,203		6,083
Total loans, net		13,947		13,947		14,137
720 to 779 | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		775		775		1,482
Year two		960		960		1,659
Year three		1,484		1,484		2,389
Year four		2,152		2,152		1,107
Year five		1,081		1,081		432
Prior		1,609		1,609		1,388
Total loans, net		8,061		8,061		8,457
720 to 779 | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						38
Year four		37		37		423
Year five		368		368		216
Prior		606		606		488
Revolving Loans		2,225		2,225		2,222
Revolving Loans Converted to Term		3,265		3,265		3,225
Total loans, net		6,501		6,501		6,612
660 to 719 | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		114		114		400
Year two		273		273		508
Year three		411		411		657
Year four		618		618		334
Year five		342		342		171
Prior		816		816		721
Total loans, net		2,574		2,574		2,791
660 to 719 | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						17
Year four		15		15		174
Year five		157		157		110
Prior		302		302		271
Revolving Loans		1,198		1,198		1,207
Revolving Loans Converted to Term		2,039		2,039		1,894
Total loans, net		3,711		3,711		3,673
Less than 660 | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		3		3		93
Year two		116		116		71
Year three		85		85		133
Year four		148		148		122
Year five		102		102		82
Prior		703		703		680
Total loans, net		1,157		1,157		1,181
Less than 660 | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						5
Year four		3		3		65
Year five		60		60		52
Prior		243		243		220
Revolving Loans		241		241		223
Revolving Loans Converted to Term		1,202		1,202		1,089
Total loans, net		1,749		1,749		1,654
No FICO score available | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1		1		140
Year two		135		135		9
Year three		8		8		92
Year four		88		88		168
Year five		154		154		56
Prior		292		292		266
Total loans, net		678		678		731
No FICO score available | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year three
Year four						2
Year five		2		2		1
Prior		7		7		8
Revolving Loans		7		7		9
Revolving Loans Converted to Term		46		46		54
Total loans, net		62		62		74
Government insured or guaranteed loans | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one						14
Year two		17		17		20
Year three		22		22		16
Year four		16		16		66
Year five		67		67		37
Prior		502		502		500
Total loans, net		624		624		653
Greater than 100% | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		5		5		15
Year two		68		68		139
Year three		113		113		79
Year four		59		59		31
Year five		23		23		10
Prior		31		31		28
Total loans, net		299		299		302
Greater than 100% | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						1
Year four		1		1		12
Year five		12		12		6
Prior		15		15		14
Revolving Loans		333		333		306
Revolving Loans Converted to Term		328		328		309
Total loans, net		689		689		648
Greater than or equal to 80% to 100% | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		608		608		1,665
Year two		633		633		1,928
Year three		963		963		955
Year four		581		581		221
Year five		176		176		69
Prior		134		134		92
Total loans, net		3,095		3,095		4,930
Greater than or equal to 80% to 100% | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						4
Year four		5		5		40
Year five		32		32		17
Prior		30		30		22
Revolving Loans		1,042		1,042		1,116
Revolving Loans Converted to Term		1,552		1,552		1,743
Total loans, net		2,661		2,661		2,942
Less than 80% | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,582		1,582		3,585
Year two		4,084		4,084		7,977
Year three		8,551		8,551		14,421
Year four		14,187		14,187		6,514
Year five		6,206		6,206		2,154
Prior		8,294		8,294		6,935
Total loans, net		42,904		42,904		41,586
Less than 80% | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two
Year three						157
Year four		145		145		1,866
Year five		1,720		1,720		845
Prior		2,958		2,958		2,556
Revolving Loans		6,922		6,922		6,843
Revolving Loans Converted to Term		10,875		10,875		10,293
Total loans, net		22,620		22,620		22,560
No LTV available | Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one						56
Year two		36		36
Year three						13
Year four		11		11
Year five
Prior		3		3		4
Total loans, net		$ 50		$ 50		$ 73
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.

Loans and Related Allowance f_8

Loans and Related Allowance for Credit Losses (Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,381		$ 321,381		$ 321,508
Gross charge-offs
Total		376	$ 233	1,081	$ 808
Updated FICO scores
Gross charge-offs
Year one				4		8
Year two				33		24
Year three				21		22
Year four				13		17
Year five				9		30
Prior				18		20
Total				98		121
Updated FICO scores | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		4,988		4,988		5,797
Year two		4,320		4,320		3,630
Year three		2,629		2,629		2,912
Year four		1,958		1,958		1,174
Year five		673		673		1,004
Prior		567		567		343
Total loans, net		15,135		15,135		14,860
Updated FICO scores | Greater than or equal to 780 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		2,590		2,590		2,722
Year two		1,901		1,901		1,650
Year three		1,227		1,227		1,483
Year four		1,010		1,010		535
Year five		304		304		368
Prior		181		181		88
Total loans, net		7,213		7,213		6,846
Updated FICO scores | 720 to 779 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,533		1,533		1,797
Year two		1,309		1,309		1,104
Year three		747		747		778
Year four		494		494		301
Year five		164		164		250
Prior		132		132		80
Total loans, net		4,379		4,379		4,310
Updated FICO scores | 660 to 719 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		720		720		1,014
Year two		756		756		604
Year three		417		417		408
Year four		266		266		186
Year five		104		104		186
Prior		106		106		70
Total loans, net		2,369		2,369		2,468
Updated FICO scores | Less than 660 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		145		145		264
Year two		354		354		272
Year three		238		238		243
Year four		188		188		152
Year five		101		101		200
Prior		148		148		105
Total loans, net		1,174		1,174		1,236
Credit card
Gross charge-offs
Revolving Loans				240		290
Revolving Loans Converted to Term				28		29
Total				268		319
Credit card | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		6,748		6,748		7,111
Revolving Loans Converted to Term		79		79		69
Total loans, net		6,827		6,827		7,180
Credit card | Greater than or equal to 780 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		2,000		2,000		2,017
Revolving Loans Converted to Term		1		1		1
Total loans, net		2,001		2,001		2,018
Credit card | 720 to 779 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		1,864		1,864		1,976
Revolving Loans Converted to Term		5		5		4
Total loans, net		1,869		1,869		1,980
Credit card | 660 to 719 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		1,836		1,836		1,979
Revolving Loans Converted to Term		15		15		13
Total loans, net		1,851		1,851		1,992
Credit card | Less than 660 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		946		946		1,036
Revolving Loans Converted to Term		55		55		48
Total loans, net		1,001		1,001		1,084
Credit card | No FICO score available or required | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		102		102		103
Revolving Loans Converted to Term		3		3		3
Total loans, net		105		105		106
Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		49		49		106
Year two		124		124		160
Year three		146		146		83
Year four		72		72		68
Year five		56		56		85
Prior		1,246		1,246		1,443
Total loans, net		1,693		1,693		1,945
Gross charge-offs
Year three				1		1
Year four				1		1
Year five				1		2
Prior				10		13
Total				13		17
Education | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		49		49		106
Year two		124		124		160
Year three		146		146		83
Year four		72		72		68
Year five		56		56		85
Prior		528		528		538
Total loans, net		975		975		1,040
Education | Greater than or equal to 780 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		10		10		35
Year two		61		61		88
Year three		83		83		45
Year four		41		41		40
Year five		34		34		51
Prior		332		332		331
Total loans, net		561		561		590
Education | 720 to 779 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		14		14		32
Year two		39		39		47
Year three		40		40		24
Year four		21		21		19
Year five		15		15		24
Prior		123		123		131
Total loans, net		252		252		277
Education | 660 to 719 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		10		10		20
Year two		15		15		17
Year three		15		15		8
Year four		6		6		6
Year five		5		5		8
Prior		51		51		54
Total loans, net		102		102		113
Education | Less than 660 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		2		2		4
Year two		3		3		3
Year three		4		4		2
Year four		1		1		1
Year five		1		1		2
Prior		21		21		21
Total loans, net		32		32		33
Education | No FICO score available or required | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		13		13		15
Year two		6		6		5
Year three		4		4		4
Year four		3		3		2
Year five		1		1
Prior		1		1		1
Total loans, net		28		28		27
Education | Other internal credit metrics
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Prior		718		718		905
Total loans, net		718		718		905
Other consumer
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		599		599		712
Year two		476		476		573
Year three		383		383		222
Year four		113		113		139
Year five		49		49		137
Prior		125		125		75
Revolving Loans		2,303		2,303		2,398
Revolving Loans Converted to Term		15		15		15
Total loans, net		4,063		4,063		4,271
Gross charge-offs
Year one				55		75
Year two				19		23
Year three				19		18
Year four				11		14
Year five				6		14
Prior				8		8
Revolving Loans				8		11
Revolving Loans Converted to Term				1		1
Total				127		164
Other consumer | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		593		593		693
Year two		466		466		476
Year three		290		290		189
Year four		99		99		91
Year five		37		37		66
Prior		33		33		41
Revolving Loans		232		232		249
Revolving Loans Converted to Term		4		4		5
Total loans, net		1,754		1,754		1,810
Other consumer | Greater than or equal to 780 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		189		189		241
Year two		157		157		127
Year three		75		75		47
Year four		24		24		21
Year five		8		8		14
Prior		8		8		11
Revolving Loans		37		37		39
Revolving Loans Converted to Term		1		1		1
Total loans, net		499		499		501
Other consumer | 720 to 779 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		232		232		286
Year two		171		171		157
Year three		89		89		54
Year four		28		28		26
Year five		10		10		17
Prior		9		9		11
Revolving Loans		74		74		80
Revolving Loans Converted to Term		1		1		1
Total loans, net		614		614		632
Other consumer | 660 to 719 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		163		163		147
Year two		105		105		140
Year three		87		87		57
Year four		29		29		27
Year five		11		11		21
Prior		9		9		11
Revolving Loans		80		80		87
Revolving Loans Converted to Term		1		1		2
Total loans, net		485		485		492
Other consumer | Less than 660 | Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		9		9		19
Year two		33		33		52
Year three		39		39		31
Year four		18		18		17
Year five		8		8		14
Prior		7		7		8
Revolving Loans		41		41		43
Revolving Loans Converted to Term		1		1		1
Total loans, net		156		156		185
Other consumer | Other internal credit metrics
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		6		6		19
Year two		10		10		97
Year three		93		93		33
Year four		14		14		48
Year five		12		12		71
Prior		92		92		34
Revolving Loans		2,071		2,071		2,149
Revolving Loans Converted to Term		11		11		10
Total loans, net		$ 2,309		$ 2,309		$ 2,461
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at September 30, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.

Loans and Related Allowance f_9

Loans and Related Allowance for Credit Losses (Modified, Amortized Cost Basis) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 829	$ 904	$ 2,686	$ 1,946
% of Loan Class	0.26%	0.28%	0.84%	0.61%
Unfunded lending related commitments	$ 500	$ 300	$ 500	$ 300
Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		16	27	16
Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	626	664	1,858	1,452
Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	137	105	212	196
Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	22	21	58	53
Payment Delay and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	6	7	304	20
Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	12		107	3
Interest Rate Reduction and Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified			15
Other
Financing Receivable [Line Items]
Amortized cost basis, modified	26	91	105	206
Commercial and industrial | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	11	15	146	15
Commercial and industrial | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	389	363	1,188	724
Commercial and industrial | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	25	44	206	111
Commercial real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	253	307	1,073	745
Commercial real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	87	16	248	16
Residential real estate | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	1	1	3	4
Residential real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1		4	3
Residential real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	28	50	67	83
Home equity | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	3	2	10	6
Education | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1	1	4	3
Total commercial
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 764	$ 821	$ 2,523	$ 1,782
% of Loan Class	0.35%	0.38%	1.14%	0.82%
Total commercial | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 15	$ 27	$ 15
Total commercial | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 625	663	1,853	1,449
Total commercial | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	106	53	135	107
Total commercial | Payment Delay and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	6	7	304	20
Total commercial | Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	11		104
Total commercial | Interest Rate Reduction and Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified			15
Total commercial | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	16	83	85	191
Total commercial | Commercial and industrial
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 410	$ 498	$ 1,349	$ 960
% of Loan Class	0.23%	0.29%	0.75%	0.55%
Total commercial | Commercial and industrial | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 15	$ 27	$ 15
Total commercial | Commercial and industrial | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 372	356	927	704
Total commercial | Commercial and industrial | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	19	37	34	91
Total commercial | Commercial and industrial | Payment Delay and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	6	7	157	20
Total commercial | Commercial and industrial | Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	11		104
Total commercial | Commercial and industrial | Interest Rate Reduction and Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified			15
Total commercial | Commercial and industrial | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	2	83	85	130
Total commercial | Commercial real estate
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 354	$ 323	$ 1,174	$ 822
% of Loan Class	1.01%	0.90%	3.34%	2.30%
Total commercial | Commercial real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 253	$ 307	$ 926	$ 745
Total commercial | Commercial real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	87	16	101	16
Total commercial | Commercial real estate | Payment Delay and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified			147
Total commercial | Commercial real estate | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	14			61
Total consumer
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 65	$ 83	$ 163	$ 164
% of Loan Class	0.06%	0.08%	0.16%	0.16%
Total consumer | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1		$ 1
Total consumer | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	1	$ 5	3
Total consumer | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	31	52	77	89
Total consumer | Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	22	21	58	53
Total consumer | Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1		3	3
Total consumer | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	10	8	20	15
Total consumer | Residential real estate
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 33	$ 54	$ 79	$ 93
% of Loan Class	0.07%	0.11%	0.17%	0.20%
Total consumer | Residential real estate | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1		$ 1
Total consumer | Residential real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified			$ 1
Total consumer | Residential real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 28	50	67	83
Total consumer | Residential real estate | Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1		3	3
Total consumer | Residential real estate | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	4	3	8	6
Total consumer | Home equity
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 10	$ 7	$ 27	$ 22
% of Loan Class	0.04%	0.03%	0.10%	0.08%
Total consumer | Home equity | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 3	$ 2	$ 10	$ 6
Total consumer | Home equity | Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	1		5	7
Total consumer | Home equity | Other
Financing Receivable [Line Items]
Amortized cost basis, modified	6	5	12	9
Total consumer | Credit card
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 21	$ 20	$ 52	$ 45
% of Loan Class	0.31%	0.28%	0.76%	0.64%
Total consumer | Credit card | Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 21	$ 20	$ 52	$ 45
Total consumer | Education
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1	$ 4	$ 3
% of Loan Class	0.06%	0.05%	0.24%	0.15%
Total consumer | Education | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1	$ 4	$ 3
Total consumer | Other consumer
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1	$ 1	$ 1
% of Loan Class		0.02%	0.02%	0.02%
Total consumer | Other consumer | Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1	$ 1	$ 1

Loans and Related Allowance _10

Loans and Related Allowance for Credit Losses (Financial Effect of Loan Modification) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 829	$ 904	$ 2,686	$ 1,946
Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	626	664	1,858	1,452
Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified		16	27	16
Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	137	105	212	196
Commercial and industrial | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 389	$ 363	$ 1,188	$ 724
Weighted average extended contract term	11 months	13 months	14 months	12 months
Commercial and industrial | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 11	$ 15	$ 146	$ 15
Weighted average interest rate reduction	1.52%	0.25%	1.45%	0.25%
Commercial and industrial | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 25	$ 44	$ 206	$ 111
Weighted average payment deferral term	3 months	6 months	8 months	6 months
Commercial real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 253	$ 307	$ 1,073	$ 745
Weighted average extended contract term	17 months	13 months	15 months	16 months
Commercial real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 87	$ 16	$ 248	$ 16
Weighted average payment deferral term	8 months	8 months	7 months	8 months
Residential real estate | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1		$ 4	$ 3
Weighted average extended contract term	28 months		81 months	118 months
Residential real estate | Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1	$ 3	$ 4
Weighted average interest rate reduction	1.48%	0.72%	0.83%	1.13%
Residential real estate | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 28	$ 50	$ 67	$ 83
Weighted average payment deferral term	10 months	10 months	9 months	9 months
Education | Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1	$ 4	$ 3
Weighted average extended contract term	12 months	15 months	12 months	16 months
Home equity | Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 3	$ 2	$ 10	$ 6
Weighted average payment deferral term	5 months	5 months	4 months	4 months

Loans and Related Allowance _11

Loans and Related Allowance for Credit Losses (Aging Analysis) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable [Line Items]
Financing receivable, aging analysis	$ 3,006	$ 1,946
Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	2,147	1,595
30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	24	5
60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	5	3
90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	7	9
Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	823	334
Total commercial
Financing Receivable [Line Items]
Financing receivable, aging analysis	2,816	1,782
Total commercial | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	2,087	1,556
Total commercial | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	18
Total commercial | 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total commercial | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis		3
Total commercial | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	710	223
Total commercial | Commercial and industrial
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,480	960
Total commercial | Commercial and industrial | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,213	801
Total commercial | Commercial and industrial | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	18
Total commercial | Commercial and industrial | 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total commercial | Commercial and industrial | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis		3
Total commercial | Commercial and industrial | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	248	156
Total commercial | Commercial real estate
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,336	822
Total commercial | Commercial real estate | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	874	755
Total commercial | Commercial real estate | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	462	67
Total consumer
Financing Receivable [Line Items]
Financing receivable, aging analysis	190	164
Total consumer | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	60	39
Total consumer | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	6	5
Total consumer | 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4	3
Total consumer | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	7	6
Total consumer | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	113	111
Total consumer | Residential real estate
Financing Receivable [Line Items]
Financing receivable, aging analysis	92	93
Total consumer | Residential real estate | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	8	4
Total consumer | Residential real estate | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1	1
Total consumer | Residential real estate | 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Residential real estate | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Residential real estate | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	83	88
Total consumer | Home equity
Financing Receivable [Line Items]
Financing receivable, aging analysis	32	22
Total consumer | Home equity | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	5	1
Total consumer | Home equity | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Home equity | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	27	21
Total consumer | Credit card
Financing Receivable [Line Items]
Financing receivable, aging analysis	60	45
Total consumer | Credit card | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	43	31
Total consumer | Credit card | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	5	4
Total consumer | Credit card | 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4	3
Total consumer | Credit card | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	7	6
Total consumer | Credit card | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	1	1
Total consumer | Education
Financing Receivable [Line Items]
Financing receivable, aging analysis	4	3
Total consumer | Education | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4	3
Total consumer | Education | 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Education | 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Other consumer
Financing Receivable [Line Items]
Financing receivable, aging analysis	2	1
Total consumer | Other consumer | Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis
Total consumer | Other consumer | Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	$ 2	$ 1

Loans and Related Allowance _12

Loans and Related Allowance for Credit Losses - (Subsequently Defaulted FDM) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Financing Receivable [Line Items]
Subsequently default	$ 96	$ 246
Term Extension
Financing Receivable [Line Items]
Subsequently default	62	89
Payment Delay
Financing Receivable [Line Items]
Subsequently default	18	80
Repayment Plan
Financing Receivable [Line Items]
Subsequently default	8	25
Payment Delay and Term Extension
Financing Receivable [Line Items]
Subsequently default	3	40
Other
Financing Receivable [Line Items]
Subsequently default	5	12
Total commercial
Financing Receivable [Line Items]
Subsequently default	68	174
Total commercial | Term Extension
Financing Receivable [Line Items]
Subsequently default	62	89
Total commercial | Payment Delay
Financing Receivable [Line Items]
Subsequently default	3	45
Total commercial | Payment Delay and Term Extension
Financing Receivable [Line Items]
Subsequently default	3	40
Total commercial | Commercial and industrial
Financing Receivable [Line Items]
Subsequently default	41	76
Total commercial | Commercial and industrial | Term Extension
Financing Receivable [Line Items]
Subsequently default	35	61
Total commercial | Commercial and industrial | Payment Delay
Financing Receivable [Line Items]
Subsequently default	3	12
Total commercial | Commercial and industrial | Payment Delay and Term Extension
Financing Receivable [Line Items]
Subsequently default	3	3
Total commercial | Commercial real estate
Financing Receivable [Line Items]
Subsequently default	27	98
Total commercial | Commercial real estate | Term Extension
Financing Receivable [Line Items]
Subsequently default	27	28
Total commercial | Commercial real estate | Payment Delay
Financing Receivable [Line Items]
Subsequently default		33
Total commercial | Commercial real estate | Payment Delay and Term Extension
Financing Receivable [Line Items]
Subsequently default		37
Total consumer
Financing Receivable [Line Items]
Subsequently default	28	72
Total consumer | Payment Delay
Financing Receivable [Line Items]
Subsequently default	15	35
Total consumer | Repayment Plan
Financing Receivable [Line Items]
Subsequently default	8	25
Total consumer | Other
Financing Receivable [Line Items]
Subsequently default	5	12
Total consumer | Residential real estate
Financing Receivable [Line Items]
Subsequently default	17	38
Total consumer | Residential real estate | Payment Delay
Financing Receivable [Line Items]
Subsequently default	14	33
Total consumer | Residential real estate | Other
Financing Receivable [Line Items]
Subsequently default	3	5
Total consumer | Home equity
Financing Receivable [Line Items]
Subsequently default	3	10
Total consumer | Home equity | Payment Delay
Financing Receivable [Line Items]
Subsequently default	1	2
Total consumer | Home equity | Repayment Plan
Financing Receivable [Line Items]
Subsequently default		1
Total consumer | Home equity | Other
Financing Receivable [Line Items]
Subsequently default	2	7
Total consumer | Credit card
Financing Receivable [Line Items]
Subsequently default	8	24
Total consumer | Credit card | Repayment Plan
Financing Receivable [Line Items]
Subsequently default	$ 8	$ 24

Loans and Related Allowance _13

Loans and Related Allowance for Credit Losses (Rollforward of Allowance for Credit Losses of Loans and Leases) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 4,636	$ 4,737	$ 4,791	$ 4,741	$ 4,741
Charge-offs	(376)	(233)	(1,081)	(808)
Recoveries	90	112	290	298
Net (charge-offs)	(286)	(121)	(791)	(510)
Provision for credit losses	235	153	586	571
Other	4	(2)	3
Ending balance	4,589	4,767	4,589	4,767	4,791
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	717	663	663	694	694
Provision for (recapture of) credit losses	7	(23)	61	(54)
Other	1		1
Ending balance	725	640	725	640	663
Allowance for credit loss	5,314	5,407	5,314	5,407	5,500
Allowances for investment securities and other financial assets	111	131	111	131
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance				(35)	(35)
Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,636	4,737	4,791	4,706	4,706
Ending balance					4,791
Total commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,243	3,142	3,259	3,114	3,114
Charge-offs	(200)	(72)	(546)	(327)	(442)
Recoveries	28	49	103	110
Net (charge-offs)	(172)	(23)	(443)	(217)
Provision for credit losses	151	105	408	325
Other	4	(2)	2
Ending balance	3,226	3,222	3,226	3,222	3,259
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	581	555	545	613	613
Provision for (recapture of) credit losses	(2)	(22)	34	(80)
Other	1		1
Ending balance	580	533	580	533	545
Allowance for credit loss	3,806	3,755	3,806	3,755
Total commercial | Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,243	3,142	3,259	3,114	3,114
Ending balance					3,259
Total consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,393	1,595	1,532	1,627	1,627
Charge-offs	(176)	(161)	(535)	(481)
Recoveries	62	63	187	188
Net (charge-offs)	(114)	(98)	(348)	(293)
Provision for credit losses	84	48	178	246
Other			1
Ending balance	1,363	1,545	1,363	1,545	1,532
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	136	108	118	81	81
Provision for (recapture of) credit losses	9	(1)	27	26
Other
Ending balance	145	107	145	107	118
Allowance for credit loss	1,508	1,652	1,508	1,652
Total consumer | Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 1,393	$ 1,595	$ 1,532	$ 1,592	1,592
Ending balance					$ 1,532

Loan Sale and Servicing Activ_3

Loan Sale and Servicing Activities and Variable Interest Entities (Loan Sale and Servicing Activities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Residential mortgage loans held for sale
Sales of loans and related securitization activity	$ 884	$ 873	$ 2,112	$ 2,044
Repurchases of previously transferred loans	30	16	71	67
Cash flows from servicing fees	138	129	415	384
Cash flows from servicing advances recovered/(funded), net	9	5	49	44
Cash flows from mortgage-backed securities held	969	710	2,789	2,008
Cash flows on carrying value of mortgage-backed securities held	19,000	20,500	19,000	20,500	$ 20,400
Commercial mortgage loans held for sale
Sales of loans and related securitization activity	937	398	1,604	2,554
Repurchases of previously transferred loans		(9)	9
Cash flows from servicing fees	53	51	152	146
Cash flows from servicing advances recovered/(funded), net	(20)	(22)	(37)	(86)
Cash flows from mortgage-backed securities held	32	19	133	49
Cash flows on carrying value of mortgage-backed securities held	$ 700	$ 700	$ 700	$ 700	$ 700

Loan Sale and Servicing Activ_4

Loan Sale and Servicing Activities and Variable Interest Entities (Principal Balance, Delinquent Loans (Loans 90 Days or More Past Due), and Net Charge-Offs Related to Serviced Loans) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Residential mortgage loans held for sale
Total principal balance	$ 37,861		$ 37,861		$ 39,016
Delinquent loans	271		271		329
Net charge-offs			1	$ 2
Commercial mortgage loans held for sale
Total principal balance	53,473		53,473		57,492
Delinquent loans	91		91		$ 89
Net charge-offs	$ 30	$ 14	$ 91	$ 18

Loan Sale and Servicing Activ_5

Loan Sale and Servicing Activities and Variable Interest Entities (Non-Consolidated VIEs) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Carrying Value of Assets	$ 564,881	$ 561,580
Carrying Value of Liabilities	509,152	510,439
Variable Interest Entity, Primary Beneficiary
PNC Risk of Loss	25,159	26,160
Carrying Value of Assets	25,108	26,084
Carrying Value of Liabilities	2,181	2,119
Investment, proportional amortization method, elected, amount	3,400	3,000
Amount of New Markets Tax Credit	200	200
Investment program, proportional amortization method, elected, commitment	1,800	1,600
New Markets Tax Credit liability	100	200
Variable Interest Entity, Primary Beneficiary | Mortgage-Backed Securitizations
PNC Risk of Loss	20,002	21,451
Carrying Value of Assets	20,004	21,453
Carrying Value of Liabilities
Variable Interest Entity, Primary Beneficiary | Tax Credit Investments And Other
PNC Risk of Loss	5,157	4,709
Carrying Value of Assets	5,104	4,631
Carrying Value of Liabilities	$ 2,181	$ 2,119

Loan Sale and Servicing Activ_6

Loan Sale and Servicing Activities and Variable Interest Entities (Loan Sale and Servicing Activities and Variable Interest Entities) (Narrative) (Details) - Variable Interest Entity, Primary Beneficiary - USD ($) $ in Billions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment Program, Proportional Amortization Method, Applied, Amortization Expense	$ 0.4	$ 0.3
Low Income Housing Tax Credit And Market Tax Credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Tax credits	0.4	0.3
Other tax benefits (less than in current period)	$ 0.1	$ 0.1

Goodwill Mortgage Servicing Rig

Goodwill Mortgage Servicing Rights (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Mortgage servicing rights	$ 3,503		$ 3,503		$ 3,686
Fees from mortgage and other loan servicing	$ 200	$ 100	$ 600	$ 500

Goodwill and Mortgage Servici_3

Goodwill and Mortgage Servicing Rights (Mortgage Servicing Rights) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	$ 3,686
Mortgage servicing rights, ending balance	3,503
Mortgage Servicing Rights | Commercial real estate
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	1,032	$ 1,113
Mortgage servicing rights, ending balance	975	1,169
Unpaid principal balance of loans serviced for others at end of period	288,696	282,123
Servicing advances	598	507
Mortgage Servicing Rights | Commercial real estate | Time and Payoffs
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	(241)	(247)
Mortgage Servicing Rights | Commercial real estate | Other
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	118	238
Mortgage Servicing Rights | Commercial real estate | From loans sold with servicing retained
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	23	38
Mortgage Servicing Rights | Commercial real estate | Purchases
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	43	27
Mortgage Servicing Rights | Residential mortgage loans held for sale
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	2,654	2,310
Mortgage servicing rights, ending balance	2,528	2,837
Unpaid principal balance of loans serviced for others at end of period	199,571	212,521
Servicing advances	123	121
Mortgage Servicing Rights | Residential mortgage loans held for sale | Time and Payoffs
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	(191)	(176)
Mortgage Servicing Rights | Residential mortgage loans held for sale | Other
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	17	248
Mortgage Servicing Rights | Residential mortgage loans held for sale | From loans sold with servicing retained
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	18	17
Mortgage Servicing Rights | Residential mortgage loans held for sale | Purchases
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	$ 30	$ 438

Goodwill Mortgage Servicing R_2

Goodwill Mortgage Servicing Rights (Commercial and Residential Mortgage Servicing Rights - Key Valuation Assumptions) (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair value	$ 3,503	$ 3,686
Mortgage Servicing Rights | Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair value	$ 975	$ 1,032	$ 1,169	$ 1,113
Weighted-average life (years)	3 years 9 months 18 days	3 years 10 months 24 days
Decline in fair value from 10% adverse change in prepayment rate	$ 8	$ 9
Decline in fair value from 20% adverse change in prepayment rate	15	17
Decline in fair value from 10% adverse change in interest rate	30	31
Decline in fair value from 20% adverse change in interest rate	61	61
Mortgage Servicing Rights | Residential mortgage loans held for sale
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair value	$ 2,528	$ 2,654	$ 2,837	$ 2,310
Weighted-average life (years)	7 years 9 months 18 days	8 years 1 month 6 days
Decline in fair value from 10% adverse change in prepayment rate	$ 61	$ 60
Decline in fair value from 20% adverse change in prepayment rate	$ 119	$ 117
Weighted-average option adjusted spread	7.55%	7.65%
Decline in fair value from 10% adverse change in adjusted spread	$ 78	$ 83
Decline in fair value from 20% adverse change in adjusted spread	$ 151	$ 161
Mortgage Servicing Rights | Constant prepayment rate | Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.0441	0.0551
Mortgage Servicing Rights | Constant prepayment rate | Residential mortgage loans held for sale
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.0721	0.0642
Mortgage Servicing Rights | Discount rate | Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.1069	0.0964

Leases (Details)

Leases (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Sales-type and direct financing leases	$ 92	$ 76	$ 264	$ 219
Operating leases	7	9	18	40
Lease income	$ 99	$ 85	$ 282	$ 259

Borrowed Funds (Remaining Matur

Borrowed Funds (Remaining Maturity) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
Less than 1 year	$ 25,195
1 to 2 years	12,274
2 to 3 years	4,040
3 to 4 years	5,367
4 to 5 years	4,983
Over 5 years	16,210
Total borrowed funds	$ 68,069	$ 72,737

Borrowed Funds (Narrative) (Det

Borrowed Funds (Narrative) (Details) $ in Millions	Sep. 30, 2024 USD ($)
Parent Company | Senior debt
Debt Instrument [Line Items]
Basis adjustments - Fair value accounting hedges	$ 124
Parent Company | Subordinated debt
Debt Instrument [Line Items]
Basis adjustments - Fair value accounting hedges	(32)
Subsidiaries | Senior debt
Debt Instrument [Line Items]
Basis adjustments - Fair value accounting hedges	(74)
Subsidiaries | Subordinated debt
Debt Instrument [Line Items]
Basis adjustments - Fair value accounting hedges	$ (101)

Borrowed Funds (FHLB Borrowings

Borrowed Funds (FHLB Borrowings, Senior Debt and Subordinated Debt) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Carrying value of debt	$ 64,688	$ 69,711
Parent Company
Debt Instrument [Line Items]
Carrying value of debt	29,414	23,971
Parent Company | Senior debt
Debt Instrument [Line Items]
Carrying value of debt	$ 28,394	22,221
Parent Company | Senior debt | Minimum
Debt Instrument [Line Items]
Interest rate	1.15%
Parent Company | Senior debt | Maximum
Debt Instrument [Line Items]
Interest rate	6.88%
Parent Company | Subordinated debt
Debt Instrument [Line Items]
Interest rate	4.63%
Carrying value of debt	$ 814	1,544
Parent Company | Junior subordinated debt
Debt Instrument [Line Items]
Interest rate	5.85%
Carrying value of debt	$ 206	206
Subsidiaries
Debt Instrument [Line Items]
Carrying value of debt	35,274	45,740
Subsidiaries | Senior debt
Debt Instrument [Line Items]
Carrying value of debt	$ 4,098	4,615
Subsidiaries | Senior debt | Minimum
Debt Instrument [Line Items]
Interest rate	2.95%
Subsidiaries | Senior debt | Maximum
Debt Instrument [Line Items]
Interest rate	5.99%
Subsidiaries | Subordinated debt
Debt Instrument [Line Items]
Carrying value of debt	$ 3,176	3,125
Subsidiaries | Subordinated debt | Minimum
Debt Instrument [Line Items]
Interest rate	2.70%
Subsidiaries | Subordinated debt | Maximum
Debt Instrument [Line Items]
Interest rate	5.90%
Subsidiaries | FHLB
Debt Instrument [Line Items]
Carrying value of debt	$ 28,000	$ 38,000
Subsidiaries | FHLB | Minimum
Debt Instrument [Line Items]
Interest rate	5.07%
Subsidiaries | FHLB | Maximum
Debt Instrument [Line Items]
Interest rate	5.43%

Commitments (Other Commitments)

Commitments (Other Commitments) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Other Commitments [Line Items]
Commitments	$ 290,376	$ 284,768
Investments in qualified affordable housing projects	2,200	2,100
Commitments to extend credit
Other Commitments [Line Items]
Commitments	273,664	268,391
Commitments to extend credit | Commercial
Other Commitments [Line Items]
Commitments	205,924	203,080
Commitments to extend credit | Home equity
Other Commitments [Line Items]
Commitments	24,161	23,970
Commitments to extend credit | Credit card
Other Commitments [Line Items]
Commitments	36,003	33,978
Commitments to extend credit | Other
Other Commitments [Line Items]
Commitments	7,576	7,363
Standby letters of credit
Other Commitments [Line Items]
Commitments	10,826	10,913
Standby letters of credit | Remarketing Programs
Other Commitments [Line Items]
Commitments	3,500	3,900
Standby bond purchase agreements
Other Commitments [Line Items]
Commitments	1,055	1,078
Other commitments
Other Commitments [Line Items]
Commitments	$ 4,831	$ 4,386

Commitments (Narrative) (Detail

Commitments (Narrative) (Details) $ in Billions	9 Months Ended
	Sep. 30, 2024 USD ($)
Minimum
Loss Contingencies [Line Items]
Standby letter of credit, term (less than one year)	1 year
Maximum
Loss Contingencies [Line Items]
Standby letter of credit, term (less than one year)	6 years
Standby letters of credit
Loss Contingencies [Line Items]
Internal credit ratings (as a percentage of portfolio) - Pass	97%
Standby letters of credit - Assets securing certain specifically identified standby letters of credit	$ 1
Standby letters of credit and participations in standby letters of credit - Liability carrying amount	$ 0.2

Total Equity and Other Compre_3

Total Equity and Other Comprehensive Income (Rollforward of Total Equity) (Details) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended		9 Months Ended
	Feb. 07, 2023 $ / shares shares	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($) shares	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($) shares	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		$ 52,681	$ 49,346	$ 51,141	$ 45,812
Net income		1,505	1,570	4,326	4,764
Other comprehensive income (loss), net of tax		2,356	(736)	2,622	(89)
Cash dividends declared - Common		(646)	(624)	(1,893)	(1,837)
Cash dividends declared - Preferred		(82)	(104)	(258)	(299)
Preferred stock discount accretion
Preferred stock issuance					1,487
Common stock activity				16	17
Treasury stock activity		(114)	12	(206)	(349)
Other		29	17	(19)	(51)
Equity, Ending Balance		55,729	49,481	55,729	49,481
Preferred stock, par value		$ 0.5	$ 0.5	$ 0.5	0.5	$ 0.5	$ 0.5	$ 0.5	$ 0.5
Series W
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock activity (shares) | shares	1,500
Depositary shares conversion ratio	0.01
Fixed interest rate	6.25%
Preferred stock, par or stated value per share (in dollars per share) | $ / shares	$ 1
Cumulative Effect, Period of Adoption, Adjustment
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					26
Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					$ 45,838
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares) | shares		398,000	398,000	398,000	401,000
Equity, Beginning Balance		$ 2,716	$ 2,715	$ 2,716	$ 2,714
Common stock activity					$ 1
Treasury stock activity, shares | shares		(1,000)		(1,000)	(3,000)
Ending Balance, (in shares) | shares		397,000	398,000	397,000	398,000
Equity, Ending Balance		$ 2,716	$ 2,715	$ 2,716	$ 2,715
Common Stock | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares) | shares					401,000
Equity, Beginning Balance					$ 2,714
Capital Surplus - Preferred Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		6,245	7,237	6,241	5,746
Preferred stock discount accretion		2	2	6	6
Preferred stock issuance					1,487
Equity, Ending Balance		6,247	7,239	6,247	7,239
Capital Surplus - Preferred Stock | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					5,746
Capital Surplus - Common Stock and Other
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		12,853	12,697	12,779	12,630
Common stock activity				16	16
Treasury stock activity		7	3	84	76
Other		43	32	24	10
Equity, Ending Balance		12,903	12,732	12,903	12,732
Capital Surplus - Common Stock and Other | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					12,630
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		57,652	55,346	56,290	53,572
Net income		1,490	1,554	4,279	4,714
Cash dividends declared - Common		(646)	(624)	(1,893)	(1,837)
Cash dividends declared - Preferred		(82)	(104)	(258)	(299)
Preferred stock discount accretion		(2)	(2)	(6)	(6)
Equity, Ending Balance		58,412	56,170	58,412	56,170
Retained Earnings | Cumulative Effect, Period of Adoption, Adjustment
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					26
Retained Earnings | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					53,598
Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		(7,446)	(9,525)	(7,712)	(10,172)
Other comprehensive income (loss), net of tax		2,356	(736)	2,622	(89)
Equity, Ending Balance		(5,090)	(10,261)	(5,090)	(10,261)
Accumulated Other Comprehensive Income (Loss) | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					(10,172)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		(19,378)	(19,150)	(19,209)	(18,716)
Treasury stock activity		(121)	9	(290)	(425)
Equity, Ending Balance		(19,499)	(19,141)	(19,499)	(19,141)
Treasury Stock | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					(18,716)
Non- controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance		39	26	36	38
Net income		15	16	47	50
Other		(14)	(15)	(43)	(61)
Equity, Ending Balance		$ 40	$ 27	$ 40	27
Non- controlling Interests | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, Beginning Balance					$ 38

Total Equity and Other Compre_4

Total Equity and Other Comprehensive Income (Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pre-tax
Other comprehensive income (loss), before tax and net of reclassifications into Net income	$ 3,095	$ (965)	$ 3,446	$ (123)
Tax effect
Total other comprehensive income (loss)	(739)	229	(824)	34
After-tax
Other comprehensive income (loss), after tax and net of reclassifications into Net income	2,356	(736)	2,622	(89)
Debt securities
Pre-tax
Net unrealized gains (losses)	1,397	(1,171)	786	(993)
Less: Net realized gains (losses) reclassified to earnings	(224)	(239)	(1,131)	(689)
Other comprehensive income (loss), before tax and net of reclassifications into Net income	1,621	(932)	1,917	(304)
Tax effect
Net unrealized gains (losses)	(336)	280	(189)	238
Less: Net realized gains (losses) reclassified to earnings	53	57	271	163
Total other comprehensive income (loss)	(389)	223	(460)	75
After-tax
Net unrealized gains (losses)	1,061	(891)	597	(755)
Less: Net realized gains (losses) reclassified to earnings	(171)	(182)	(860)	(526)
Other comprehensive income (loss), after tax and net of reclassifications into Net income	1,232	(709)	1,457	(229)
Cash flow hedge derivatives
Pre-tax
Net unrealized gains (losses)	1,162	(461)	461	(953)
Less: Net realized gains (losses) reclassified to earnings	(313)	(426)	(1,072)	(1,129)
Other comprehensive income (loss), before tax and net of reclassifications into Net income	1,475	(35)	1,533	176
Tax effect
Net unrealized gains (losses)	(279)	122	(111)	238
Less: Net realized gains (losses) reclassified to earnings	75	112	257	278
Total other comprehensive income (loss)	(354)	10	(368)	(40)
After-tax
Net unrealized gains (losses)	883	(339)	350	(715)
Less: Net realized gains (losses) reclassified to earnings	(238)	(314)	(815)	(851)
Other comprehensive income (loss), after tax and net of reclassifications into Net income	1,121	(25)	1,165	136
Pension and  other postretirement benefit plan adjustments
Pre-tax
Less: Net realized gains (losses) reclassified to earnings		1	(1)	(3)
Other comprehensive income (loss), before tax and net of reclassifications into Net income		1	(1)	(3)
Tax effect
Less: Net realized gains (losses) reclassified to earnings		(1)
Total other comprehensive income (loss)		(1)
After-tax
Less: Net realized gains (losses) reclassified to earnings			(1)	(3)
Other comprehensive income (loss), after tax and net of reclassifications into Net income			(1)	(3)
Other
Pre-tax
Less: Net realized gains (losses) reclassified to earnings	(1)	1	(3)	8
Other comprehensive income (loss), before tax and net of reclassifications into Net income	(1)	1	(3)	8
Tax effect
Less: Net realized gains (losses) reclassified to earnings	4	(3)	4	(1)
Total other comprehensive income (loss)	4	(3)	4	(1)
After-tax
Less: Net realized gains (losses) reclassified to earnings	3	(2)	1	7
Other comprehensive income (loss), after tax and net of reclassifications into Net income	$ 3	$ (2)	$ 1	$ 7

Total Equity and Other Compre_5

Total Equity and Other Comprehensive Income (Accumulated Other Comprehensive Income (Loss) Components) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	$ 52,681	$ 49,346	$ 51,141	$ 45,812
Other comprehensive income (loss), net of tax	2,356	(736)	2,622	(89)
Equity, Ending Balance	55,729	49,481	55,729	49,481
Pretax loss included in AOCI from derivatives	280	297	280	297
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(7,446)	(9,525)	(7,712)	(10,172)
Other comprehensive income (loss), net of tax	2,356	(736)	2,622	(89)
Equity, Ending Balance	(5,090)	(10,261)	(5,090)	(10,261)
Debt securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(5,605)	(6,684)	(5,830)	(7,164)
Other comprehensive income (loss), net of tax	1,232	(709)	1,457	(229)
Equity, Ending Balance	(4,373)	(7,393)	(4,373)	(7,393)
Cash flow hedge derivatives
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(1,669)	(2,544)	(1,713)	(2,705)
Other comprehensive income (loss), net of tax	1,121	(25)	1,165	136
Equity, Ending Balance	(548)	(2,569)	(548)	(2,569)
Pension and  other postretirement benefit plan adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(126)	(254)	(125)	(251)
Other comprehensive income (loss), net of tax			(1)	(3)
Equity, Ending Balance	(126)	(254)	(126)	(254)
Other
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(46)	(43)	(44)	(52)
Other comprehensive income (loss), net of tax	3	(2)	1	7
Equity, Ending Balance	$ (43)	$ (45)	$ (43)	$ (45)

Total Equity and Other Compre_6

Total Equity and Other Comprehensive Income (Dividends Per Share) (Details) - $ / shares		3 Months Ended		9 Months Ended
	Oct. 03, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Class of Stock [Line Items]
Cash dividends declared, common, per share (in dollars per share)		$ 1.60	$ 1.55	$ 4.70	$ 4.55
Subsequent Event
Class of Stock [Line Items]
Cash dividends declared, common, per share (in dollars per share)	$ 1.60
Series B
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		0.45	0.45	1.35	1.35
Series O
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)			2,294		6,468
Series R
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		2,209	2,181	6,612	4,606
Series S
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)				2,500	2,500
Series T
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		850	850	2,550	2,550
Series U
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		1,500	1,500	4,500	4,500
Series V
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		1,550	1,550	4,650	4,650
Series W
Class of Stock [Line Items]
Cash dividends declared, preferred, per share (in dollars per share)		$ 1,563	$ 1,563	$ 4,688	$ 3,785

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 1,505	$ 1,570	$ 4,326	$ 4,764
Less:
Net income attributable to noncontrolling interests	15	16	47	50
Preferred stock dividends	82	104	258	299
Preferred stock discount accretion and redemptions	2	2	6	6
Net income attributable to common shareholders	1,406	1,448	4,015	4,409
Less: Dividends and undistributed earnings allocated to nonvested restricted shares	10	8	24	23
Net income attributable to basic common shareholders	$ 1,396	$ 1,440	$ 3,991	$ 4,386
Basic weighted-average common shares outstanding (in shares)	399	400	400	401
Basic earnings per share common share (in dollars per share)	$ 3.50	$ 3.60	$ 9.99	$ 10.95
Net income attributable to diluted common shareholders	$ 1,396	$ 1,440	$ 3,991	$ 4,386
Dilutive potential common shares (in shares)	1
Diluted weighted-average common shares outstanding (in shares)	400	400	400	401
Diluted earnings per common share (in dollars per share)	$ 3.49	$ 3.60	$ 9.98	$ 10.94

Fair Value (Recurring Fair Valu

Fair Value (Recurring Fair Value Measurements) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Assets
Investment securities – available for sale	$ 60,338	$ 41,785
Mortgage servicing rights	3,503	3,686
Financial derivatives	1,116	897
Liabilities
Financial derivatives	2,360	3,538
Other liabilities	$ 100	$ 100
Assets At Fair Value | Assets, Total | Assets
Liabilities
Concentration risk, percentage	13%	10%
Level 3 Assets | Assets, Total | Assets
Liabilities
Concentration risk, percentage	10%	13%
Level 3 Assets | Assets | Assets
Liabilities
Concentration risk, percentage	1%	1%
Liabilities At Fair Value | Liabilities, Total | Liability
Liabilities
Concentration risk, percentage	1%	1%
Level Three Liabilities | Liabilities, Total | Liability
Liabilities
Concentration risk, percentage	7%	6%
Level Three Liabilities | Liability | Liability
Liabilities
Concentration risk, percentage	1%	1%
Fair Value, Recurring
Assets
Investment securities – available for sale	$ 60,338	$ 41,785
Loans	1,173	1,238
Equity investments	3,242	2,717
Trading securities	2,967	2,799
Financial derivatives	3,308	3,429
Other assets	575	496
Total Assets	75,841	56,862
Liabilities
Other borrowed funds	1,553	817
Financial derivatives	4,627	5,899
Other liabilities	176	237
Total liabilities	6,356	6,953
Level 1 | Fair Value, Recurring
Assets
Investment securities – available for sale	21,584	6,292
Equity investments	976	574
Trading securities	1,000	377
Financial derivatives	21	29
Other assets	453	403
Total Assets	24,034	7,675
Liabilities
Other borrowed funds	1,383	724
Financial derivatives	6	11
Total liabilities	1,389	735
Level 2 | Fair Value, Recurring
Assets
Investment securities – available for sale	37,873	34,537
Loans	489	512
Trading securities	1,967	2,422
Financial derivatives	3,275	3,394
Other assets	114	85
Total Assets	44,379	41,548
Liabilities
Other borrowed funds	162	84
Financial derivatives	4,340	5,736
Total liabilities	4,502	5,820
Level 3
Assets
Equity investments	2,063	1,952
Liabilities
Financial derivatives	276	145
Level 3 | Fair Value, Recurring
Assets
Investment securities – available for sale	881	956
Loans	684	726
Equity investments	2,063	1,952
Financial derivatives	12	6
Other assets	8	8
Total Assets	7,225	7,448
Liabilities
Other borrowed funds	8	9
Financial derivatives	281	152
Other liabilities	176	237
Total liabilities	465	398
Residential mortgage loans held for sale | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	658	474
Residential mortgage loans held for sale | Level 2 | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	588	371
Residential mortgage loans held for sale | Level 3 | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	70	103
Commercial mortgage loans held for sale | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	77	238
Commercial mortgage loans held for sale | Level 2 | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	73	227
Commercial mortgage loans held for sale | Level 3 | Fair Value, Recurring
Assets
Commercial mortgage loans held for sale	4	11
U.S. Treasury and government agencies | Fair Value, Recurring
Assets
Investment securities – available for sale	22,639	6,951
U.S. Treasury and government agencies | Level 1 | Fair Value, Recurring
Assets
Investment securities – available for sale	21,584	6,292
U.S. Treasury and government agencies | Level 2 | Fair Value, Recurring
Assets
Investment securities – available for sale	1,055	659
Residential mortgage-backed | Mortgage-backed Securities Agency | Fair Value, Recurring
Assets
Investment securities – available for sale	29,661	27,880
Residential mortgage-backed | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale	628	696
Residential mortgage-backed | Level 2 | Mortgage-backed Securities Agency | Fair Value, Recurring
Assets
Investment securities – available for sale	29,661	27,880
Residential mortgage-backed | Level 2 | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale
Residential mortgage-backed | Level 3 | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale	628	696
Commercial mortgage servicing rights | Mortgage-backed Securities Agency | Fair Value, Recurring
Assets
Investment securities – available for sale	1,892	1,546
Commercial mortgage servicing rights | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale	734	869
Commercial mortgage servicing rights | Level 2 | Mortgage-backed Securities Agency | Fair Value, Recurring
Assets
Investment securities – available for sale	1,892	1,546
Commercial mortgage servicing rights | Level 2 | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale	631	766
Commercial mortgage servicing rights | Level 3 | Mortgage-backed Securities Non-agency | Fair Value, Recurring
Assets
Investment securities – available for sale	103	103
Asset-backed | Fair Value, Recurring
Assets
Investment securities – available for sale	2,289	1,116
Asset-backed | Level 2 | Fair Value, Recurring
Assets
Investment securities – available for sale	2,193	1,014
Asset-backed | Level 3 | Fair Value, Recurring
Assets
Investment securities – available for sale	96	102
Other | Fair Value, Recurring
Assets
Investment securities – available for sale	2,495	2,727
Other | Level 2 | Fair Value, Recurring
Assets
Investment securities – available for sale	2,441	2,672
Other | Level 3 | Fair Value, Recurring
Assets
Investment securities – available for sale	54	55
Residential mortgage servicing rights | Fair Value, Recurring
Assets
Mortgage servicing rights	2,528	2,654
Residential mortgage servicing rights | Level 3 | Fair Value, Recurring
Assets
Mortgage servicing rights	2,528	2,654
Commercial mortgage servicing rights | Fair Value, Recurring
Assets
Mortgage servicing rights	975	1,032
Commercial mortgage servicing rights | Level 3 | Fair Value, Recurring
Assets
Mortgage servicing rights	$ 975	$ 1,032

Fair Value (Reconciliation of R

Fair Value (Reconciliation of Recurring Fair Value Measurements) (Details) - Fair Value, Recurring - Level 3 - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	$ 7,466	$ 6,987	$ 7,448	$ 7,252
Included in Earnings	(80)	348	235	656
Included in other comprehensive income	24	(22)	13	(22)
Purchases	114	577	334	970
Sales	(105)	(186)	(202)	(627)
Issuances	18	13	41	55
Settlements	(208)	(233)	(629)	(658)
Transfers into Level 3	1	99	4	120
Transfers out of Level 3	(5)	(10)	(19)	(173)
Ending Balance	7,225	7,573	7,225	7,573
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	(90)	337	210	613
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	386	384	398	421
Included in Earnings	138	56	242	229
Sales	2	2	4	5
Issuances	3	332	38	445
Settlements	(64)	(409)	(217)	(735)
Ending Balance	465	365	465	365
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet	132	51	263	214
Fair Value Additional Information [Abstract]
Net gains (losses) included in earnings (realized and unrealized) relating to Level 3 assets and liabilities	(218)	292	(7)	427
Net unrealized gains (losses) relating to Level 3 assets and liabilities	(222)	286	(53)	399
Other borrowed funds
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	9	5	9	4
Issuances	2	3	9	9
Settlements	(3)	(1)	(10)	(6)
Ending Balance	8	7	8	7
Financial derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	183	140	152	123
Included in Earnings	128	50	246	168
Sales	2	2	4	5
Settlements	(32)	(84)	(121)	(188)
Ending Balance	281	108	281	108
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet	129	51	252	173
Other liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	194	239	237	294
Included in Earnings	10	6	(4)	61
Issuances	1	329	29	436
Settlements	(29)	(324)	(86)	(541)
Ending Balance	176	250	176	250
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet	3		11	41
Loans held for sale | Residential mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	95	191	103	243
Included in Earnings	1	(3)		(3)
Purchases	2	3	16	12
Sales	(26)	(89)	(37)	(131)
Settlements	(2)	(2)	(6)	(9)
Transfers into Level 3	1	1	4	4
Transfers out of Level 3	(1)	(4)	(10)	(19)
Ending Balance	70	97	70	97
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	2	(4)		(3)
Loans held for sale | Commercial mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	4	25	11	33
Included in Earnings	1		1
Settlements	(1)		(8)	(8)
Ending Balance	4	25	4	25
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet
Securities available for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	877	942	956	1,001
Included in Earnings	4	4	8	13
Included in other comprehensive income	24	(22)	13	(22)
Purchases	1	3	4	6
Sales
Settlements	(25)	(52)	(100)	(126)
Transfers into Level 3		92		95
Ending Balance	881	967	881	967
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet			(2)
Residential mortgage- backed non-agency
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	624	768	696	819
Included in Earnings	4	5	10	13
Included in other comprehensive income	21	(20)	10	(16)
Settlements	(21)	(40)	(88)	(103)
Ending Balance	628	713	628	713
Commercial mortgage- backed non-agency
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	103	3	103	3
Included in other comprehensive income
Transfers into Level 3		92		92
Ending Balance	103	95	103	95
Asset-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	96	117	102	124
Included in Earnings	1		1	1
Included in other comprehensive income	3	(3)	2	(3)
Settlements	(4)	(11)	(9)	(19)
Ending Balance	96	103	96	103
Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	54	54	55	55
Included in Earnings	(1)	(1)	(3)	(1)
Included in other comprehensive income		1	1	(3)
Purchases	1	3	4	6
Settlements		(1)	(3)	(4)
Transfers into Level 3				3
Ending Balance	54	56	54	56
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet			(2)
Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	701	745	726	769
Included in Earnings	4	5	12	11
Included in other comprehensive income
Purchases	4	19	16	39
Sales			(2)	(1)
Settlements	(21)	(27)	(59)	(77)
Transfers into Level 3		2		17
Transfers out of Level 3	(4)	(6)	(9)	(20)
Ending Balance	684	738	684	738
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	5	5	12	11
Equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	2,030	1,623	1,952	1,778
Included in Earnings	27	(9)	53	136
Purchases	85	212	221	444
Sales	(79)	(97)	(163)	(495)
Transfers out of Level 3				(134)
Ending Balance	2,063	1,729	2,063	1,729
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	16	(16)	35	103
Mortgage Servicing Rights | Residential mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	2,657	2,349	2,654	2,310
Included in Earnings	(71)	215	17	248
Purchases	1	329	30	438
Issuances	6	7	18	17
Settlements	(65)	(63)	(191)	(176)
Ending Balance	2,528	2,837	2,528	2,837
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	(71)	215	17	248
Mortgage Servicing Rights | Commercial mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	1,082	1,106	1,032	1,113
Included in Earnings	(54)	130	118	238
Purchases	19	10	43	27
Issuances	12	6	23	38
Settlements	(84)	(83)	(241)	(247)
Ending Balance	975	1,169	975	1,169
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	(54)	130	118	238
Financial derivatives
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	12	6	6	5
Included in Earnings	8	6	26	13
Purchases	2		4	3
Settlements	(10)	(6)	(24)	(15)
Ending Balance	12	6	12	6
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet	12	7	30	16
Other assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	8		8
Purchases		1		1
Transfers into Level 3		4		4
Ending Balance	$ 8	$ 5	$ 8	$ 5

Fair Value (Fair Value Measurem

Fair Value (Fair Value Measurements - Recurring Quantitative Information) (Details) $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	$ 60,338	$ 41,785
Fair value	3,503	3,686
Financial derivatives - Swaps related to sales of certain Visa Class B common shares	(2,360)	(3,538)
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	60,338	41,785
Loans, fair value	1,173	1,238
Equity investments	3,242	2,717
Financial derivatives - Swaps related to sales of certain Visa Class B common shares	(4,627)	(5,899)
Recurring assets - fair value	75,841	56,862
Recurring liabilities - fair value	6,356	6,953
Residential mortgage-backed non-agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	628	696
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity investments	2,063	1,952
Financial derivatives - Swaps related to sales of certain Visa Class B common shares	(276)	(145)
Insignificant assets, net of liabilities fair value disclosure	58	22
Total recurring assets net of recurring liabilities - fair value	6,760	7,050
Level 3 | Total consumer | Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, fair value	70	75
Level 3 | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, fair value	518	546
Level 3 | Total consumer | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, fair value	80	87
Level 3 | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, fair value	16	18
Level 3 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	881	956
Loans, fair value	684	726
Equity investments	2,063	1,952
Financial derivatives - Swaps related to sales of certain Visa Class B common shares	(281)	(152)
Recurring assets - fair value	7,225	7,448
Recurring liabilities - fair value	465	398
Level 3 | Commercial mortgage loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale, fair value	4	11
Level 3 | Residential mortgage-backed non-agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	628	696
Level 3 | Asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities – available for sale	96	102
Level 3 | Residential mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	2,528	2,654
Level 3 | Commercial mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 975	$ 1,032
Spread over the benchmark curve | Level 3 | Commercial mortgage loans held for sale | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.0570	0.0575
Spread over the benchmark curve | Level 3 | Commercial mortgage loans held for sale | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.1085	0.3610
Spread over the benchmark curve | Level 3 | Commercial mortgage loans held for sale | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.0980	0.1647
Spread over the benchmark curve | Level 3 | Residential mortgage-backed non-agency securities | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.0247	0.0285
Spread over the benchmark curve | Level 3 | Asset-backed | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.0193	0.0248
Spread over the benchmark curve | Level 3 | Residential mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.0221	0.0337
Spread over the benchmark curve | Level 3 | Residential mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.1732	0.1668
Spread over the benchmark curve | Level 3 | Residential mortgage servicing rights | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.0755	0.0765
Constant prepayment rate | Level 3 | Residential mortgage-backed non-agency securities | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.010	0.010
Constant prepayment rate | Level 3 | Residential mortgage-backed non-agency securities | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.279	0.279
Constant prepayment rate | Level 3 | Residential mortgage-backed non-agency securities | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.042	0.037
Constant prepayment rate | Level 3 | Asset-backed | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.010	0.010
Constant prepayment rate | Level 3 | Asset-backed | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.080	0.280
Constant prepayment rate | Level 3 | Asset-backed | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.038	0.051
Constant prepayment rate | Level 3 | Residential mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0	0
Constant prepayment rate | Level 3 | Residential mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.516	0.336
Constant prepayment rate | Level 3 | Residential mortgage servicing rights | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.072	0.064
Constant prepayment rate | Level 3 | Commercial mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.043	0.053
Constant prepayment rate | Level 3 | Commercial mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.091	0.097
Constant prepayment rate | Level 3 | Commercial mortgage servicing rights | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.044	0.055
Constant default rate | Level 3 | Residential mortgage-backed non-agency securities | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0	0
Constant default rate | Level 3 | Residential mortgage-backed non-agency securities | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.120	0.120
Constant default rate | Level 3 | Residential mortgage-backed non-agency securities | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.019	0.027
Constant default rate | Level 3 | Asset-backed | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0	0
Constant default rate | Level 3 | Asset-backed | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.070	0.043
Constant default rate | Level 3 | Asset-backed | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.015	0.017
Loss severity | Level 3 | Minimum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0	0
Loss severity | Level 3 | Minimum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0	0
Loss severity | Level 3 | Maximum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	1	1
Loss severity | Level 3 | Maximum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	1	1
Loss severity | Level 3 | Weighted Average | Total consumer | Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.060	0.060
Loss severity | Level 3 | Weighted Average | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.051	0.054
Loss severity | Level 3 | Weighted Average | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.123	0.144
Loss severity | Level 3 | Residential mortgage-backed non-agency securities | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.150	0.100
Loss severity | Level 3 | Residential mortgage-backed non-agency securities | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.774	0.690
Loss severity | Level 3 | Residential mortgage-backed non-agency securities | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.432	0.412
Loss severity | Level 3 | Asset-backed | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.350	0.200
Loss severity | Level 3 | Asset-backed | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	1	1
Loss severity | Level 3 | Asset-backed | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.468	0.495
Cumulative default rate | Level 3 | Minimum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.036	0.036
Cumulative default rate | Level 3 | Minimum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.036	0.036
Cumulative default rate | Level 3 | Maximum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	1	1
Cumulative default rate | Level 3 | Maximum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	1	1
Cumulative default rate | Level 3 | Weighted Average | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.572	0.591
Cumulative default rate | Level 3 | Weighted Average | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.569	0.609
Discount rate | Level 3 | Minimum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.055	0.055
Discount rate | Level 3 | Minimum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.055	0.055
Discount rate | Level 3 | Maximum | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.075	0.075
Discount rate | Level 3 | Maximum | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.075	0.075
Discount rate | Level 3 | Weighted Average | Total consumer | Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.068	0.078
Discount rate | Level 3 | Weighted Average | Total consumer | Loans - Residential real estate - Uninsured
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.058	0.058
Discount rate | Level 3 | Weighted Average | Total consumer | Loans - Home equity - First-lien
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.061	0.062
Discount rate | Level 3 | Commercial mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.090	0.076
Discount rate | Level 3 | Commercial mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.109	0.100
Discount rate | Level 3 | Commercial mortgage servicing rights | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.107	0.096
Credit and liquidity discount | Level 3 | Minimum | Total consumer | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.003	0.003
Credit and liquidity discount | Level 3 | Maximum | Total consumer | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	1	1
Credit and liquidity discount | Level 3 | Weighted Average | Total consumer | Home equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivable, measurement input	0.410	0.438
Multiple of earnings | Level 3 | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, measurement input	0.055	0.045
Multiple of earnings | Level 3 | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, measurement input	0.270	0.267
Multiple of earnings | Level 3 | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, measurement input	0.103	0.101
Estimated Conversion Factor | Level 3 | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, measurement input	1.54	1.59
Estimated Annual Growth Rate | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, measurement input	0.160	0.160

Fair Value (Nonrecurring Fair V

Fair Value (Nonrecurring Fair Value Measurements) (Details) - Fair Value, Nonrecurring - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	$ 858		$ 858		$ 802
Nonrecurring Assets - Gains (Losses)	(180)	$ (103)	(342)	$ (297)
Level 3 | Nonaccrual loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	795		795		578
Nonrecurring Assets - Gains (Losses)	(180)	(84)	(333)	(260)
Level 3 | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	47		47		203
Nonrecurring Assets - Gains (Losses)	1	(15)	(1)	(19)
Level 3 | OREO and foreclosed assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	7		7		12
Nonrecurring Assets - Gains (Losses)		(1)	(1)	(1)
Level 3 | Long-lived assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	9		9		9
Nonrecurring Assets - Gains (Losses)	$ (1)	$ (3)	$ (7)	$ (17)
Level 1 | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value					$ 30

Fair Value (Fair Value Option -

Fair Value (Fair Value Option - Fair Value and Principal Balances) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	$ 1,173	$ 1,238
Aggregate unpaid principal balance of assets for which fair value option was elected	1,382	1,469
Fair value option aggregate difference assets	(209)	(231)
Other assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	113	85
Aggregate unpaid principal balance of assets for which fair value option was elected	104	69
Fair value option aggregate difference assets	9	16
Other borrowed funds
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of liabilities for which fair value option was elected	29	39
Aggregate unpaid principal balance, other borrowed funds	30	40
Difference, Other borrowed funds	(1)	(1)
Other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of liabilities for which fair value option was elected	98	124
Difference, Other borrowed funds	98	124
Accruing loans less than 90 days past due | Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	505	507
Aggregate unpaid principal balance of assets for which fair value option was elected	518	520
Fair value option aggregate difference assets	(13)	(13)
Accruing loans 90 days or more past due | Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	118	146
Aggregate unpaid principal balance of assets for which fair value option was elected	129	156
Fair value option aggregate difference assets	(11)	(10)
Nonaccrual loans | Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	550	585
Aggregate unpaid principal balance of assets for which fair value option was elected	735	793
Fair value option aggregate difference assets	(185)	(208)
Residential mortgage loans held for sale | Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	658	474
Aggregate unpaid principal balance of assets for which fair value option was elected	654	478
Fair value option aggregate difference assets	4	(4)
Residential mortgage loans held for sale | Accruing loans less than 90 days past due | Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	623	432
Aggregate unpaid principal balance of assets for which fair value option was elected	613	429
Fair value option aggregate difference assets	10	3
Residential mortgage loans held for sale | Accruing loans 90 days or more past due | Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	6	6
Aggregate unpaid principal balance of assets for which fair value option was elected	6	6
Residential mortgage loans held for sale | Nonaccrual loans | Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	29	36
Aggregate unpaid principal balance of assets for which fair value option was elected	35	43
Fair value option aggregate difference assets	(6)	(7)
Commercial mortgage loans held for sale | Accruing loans less than 90 days past due | Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	77	238
Aggregate unpaid principal balance of assets for which fair value option was elected	77	228
Fair value option aggregate difference assets		$ 10

Fair Value (Fair Value Option_2

Fair Value (Fair Value Option - Changes in Fair Value) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loans held for sale | Residential mortgage loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	$ 18	$ (3)	$ 32	$ 14
Loans held for sale | Commercial mortgage loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	3	6	12	29
Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	6	8	18	17
Other assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	17		20	(12)
Other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	$ (3)		$ (12)	$ (41)

Fair Value (Additional Fair Val

Fair Value (Additional Fair Value Information Related To Financial Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financial Instruments, Financial Assets, Balance Sheet Groupings
Securities held to maturity	$ 81,398	$ 86,948
Carrying Amount
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,162	6,921
Interest-earning deposits with banks (a)	35,024	43,804
Securities held to maturity	83,850	90,790
Net loans (excludes leases)	308,893	308,936
Other assets	6,219	5,872
Total assets	440,148	456,323
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	37,394	31,569
Borrowed funds	66,438	71,816
Unfunded lending related commitments	725	663
Other liabilities	1,332	1,091
Total liabilities	105,889	105,139
Fair Value
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,162	6,921
Interest-earning deposits with banks (a)	35,024	43,804
Securities held to maturity	81,398	86,948
Net loans (excludes leases)	304,957	299,645
Other assets	6,219	5,872
Total assets	433,760	443,190
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	37,500	31,602
Borrowed funds	67,371	72,369
Unfunded lending related commitments	725	663
Other liabilities	1,332	1,091
Total liabilities	106,928	105,725
Level 1 | Fair Value
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,162	6,921
Interest-earning deposits with banks (a)	34,572	43,313
Securities held to maturity	28,682	30,943
Total assets	69,416	81,177
Level 2 | Fair Value
Financial Instruments, Financial Assets, Balance Sheet Groupings
Interest-earning deposits with banks (a)	452	491
Securities held to maturity	52,560	55,850
Other assets	6,210	5,872
Total assets	59,222	62,213
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	37,500	31,602
Borrowed funds	66,388	71,194
Other liabilities	1,332	1,091
Total liabilities	105,220	103,887
Level 3 | Fair Value
Financial Instruments, Financial Assets, Balance Sheet Groupings
Securities held to maturity	156	155
Net loans (excludes leases)	304,957	299,645
Other assets	9
Total assets	305,122	299,800
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Borrowed funds	983	1,175
Unfunded lending related commitments	725	663
Total liabilities	$ 1,708	$ 1,838

Financial Derivatives (Total De

Financial Derivatives (Total Derivatives) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Derivative, notional amount	$ 716,509	$ 656,051
Derivative asset, fair value	3,308	3,429
Derivative liability, fair value	4,627	5,899
Derivative asset, fair value offset amount	1,431	1,406
Derivative liability, fair value offset amount	1,431	1,406
Less: Cash collateral received/paid, derivative asset fair value	761	1,126
Less: Cash collateral received/paid, derivative liability fair value	836	955
Derivative assets, Net Fair Value	1,116	897
Derivative liabilities, Net Fair Value	2,360	3,538
Commodity contracts:
Derivative [Line Items]
Derivative asset, fair value	622	765
Derivative liability, fair value	598	757
Less: Cash collateral received/paid, derivative asset fair value	137	283
Less: Cash collateral received/paid, derivative liability fair value	8
Derivative assets, Net Fair Value	115	166
Derivative liabilities, Net Fair Value	245	425
Foreign exchange contracts and other
Derivative [Line Items]
Derivative asset, fair value	336	307
Derivative liability, fair value	668	494
Less: Cash collateral received/paid, derivative asset fair value	25	76
Less: Cash collateral received/paid, derivative liability fair value	43	13
Derivative assets, Net Fair Value	194	117
Derivative liabilities, Net Fair Value	410	292
Designated as Hedging Instruments under GAAP
Derivative [Line Items]
Derivative, notional amount	129,143	91,555
Derivative asset, fair value	350	327
Derivative liability, fair value	150	139
Designated as Hedging Instruments under GAAP | Fair value hedges | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	54,084	32,079
Designated as Hedging Instruments under GAAP | Cash flow hedges | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	48,847	33,302
Derivative asset, fair value
Derivative liability, fair value
Designated as Hedging Instruments under GAAP | Cash flow hedges | Other | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	25,000	25,000
Derivative asset, fair value	349	327
Derivative liability, fair value	88	137
Designated as Hedging Instruments under GAAP | Net investment hedges | Foreign Exchange Contract
Derivative [Line Items]
Derivative, notional amount	1,212	1,174
Derivative asset, fair value	1
Derivative liability, fair value	62	2
Not Designated as Hedging Instrument under GAAP
Derivative [Line Items]
Derivative, notional amount	587,366	564,496
Derivative asset, fair value	2,958	3,102
Derivative liability, fair value	4,477	5,760
Not Designated as Hedging Instrument under GAAP | Mortgage Banking | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	75,143	72,457
Derivative asset, fair value	106	112
Derivative liability, fair value	70	89
Not Designated as Hedging Instrument under GAAP | Mortgage Banking | Swaps | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	49,343	43,450
Derivative asset, fair value
Derivative liability, fair value
Not Designated as Hedging Instrument under GAAP | Mortgage Banking | Futures | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	9,863	10,370
Not Designated as Hedging Instrument under GAAP | Mortgage Banking | Mortgage-backed commitments | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	4,879	3,093
Derivative asset, fair value	67	66
Derivative liability, fair value	60	67
Not Designated as Hedging Instrument under GAAP | Mortgage Banking | Other | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	11,058	15,544
Derivative asset, fair value	39	46
Derivative liability, fair value	10	22
Not Designated as Hedging Instrument under GAAP | Customer Contracts
Derivative [Line Items]
Derivative, notional amount	500,655	477,157
Derivative asset, fair value	2,832	2,978
Derivative liability, fair value	4,058	5,418
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	446,622	432,761
Derivative asset, fair value	1,895	1,918
Derivative liability, fair value	3,203	4,422
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	15,661	11,511
Derivative asset, fair value	622	765
Derivative liability, fair value	598	757
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Foreign exchange contracts and other
Derivative [Line Items]
Derivative, notional amount	38,372	32,885
Derivative asset, fair value	315	295
Derivative liability, fair value	257	239
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Swaps | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	409,026	401,607
Derivative asset, fair value	1,769	1,723
Derivative liability, fair value	3,094	4,228
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Swaps | Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	6,308	6,714
Derivative asset, fair value	383	577
Derivative liability, fair value	360	569
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Futures | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	133	73
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Mortgage-backed commitments | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	6,543	2,592
Derivative asset, fair value	8	9
Derivative liability, fair value	9	25
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Other | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	30,920	28,489
Derivative asset, fair value	118	186
Derivative liability, fair value	100	169
Not Designated as Hedging Instrument under GAAP | Customer Contracts | Other | Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	9,353	4,797
Derivative asset, fair value	239	188
Derivative liability, fair value	238	188
Not Designated as Hedging Instrument under GAAP | Other Risk Management Activity | Foreign exchange contracts and other
Derivative [Line Items]
Derivative, notional amount	11,568	14,882
Derivative asset, fair value	20	12
Derivative liability, fair value	$ 349	$ 253

Financial Derivatives (Narrativ

Financial Derivatives (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative [Line Items]
Cash and securities held to collateralize net derivative assets	$ 2,400		$ 2,400
Cash and securities pledged to collateralize net derivative liabilities	2,100		2,100
Gain (loss) on net investment hedge derivatives	$ (68)	$ 44	(59)	$ (2)
Cash flow hedges | Interest rate contracts
Derivative [Line Items]
Cash flow hedge loss to be reclassified within twelve months			500
Cash flow hedge loss to be reclassified within twelve months, net of tax			$ 400
Maximum length of time hedged in cash flow hedge			10 years

Financial Derivatives (Gains (L

Financial Derivatives (Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Loans	$ 4,954	$ 4,643	$ 14,615	$ 13,424
Investment Securities	1,097	892	2,981	2,660
Borrowed Funds	1,182	993	3,523	2,679
Total other income	69	94	536	481
Other amounts related to interest settlements on derivatives	5	32	47	87
Loans
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income		(418)		(1,108)
Investment Securities
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income		(8)		(21)
Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	529	(156)	637	(157)
Interest Income | Loans
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income	(304)		(1,020)
Interest Income | Investment Securities
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income	(9)		(24)
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	(1,089)	416	(654)	551
Noninterest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income			(28)
Fair value hedges | Designated as Hedging Instrument | Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	(521)	158	(632)	163
Amounts related to interest settlements on derivatives	46	8	85	20
Fair value hedges | Designated as Hedging Instrument | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	1,079	(421)	632	(569)
Amounts related to interest settlements on derivatives	$ (195)	$ (167)	$ (560)	$ (427)

Financial Derivatives (Impact o

Financial Derivatives (Impact of Fair Value Hedge Accounting on the Carrying Value of Hedged Items) (Details) - Fair value hedges - Designated as Hedging Instruments under GAAP - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Borrowed Funds
Derivative Instruments, Gain (Loss) [Line Items]
Carrying Value of the Hedged Items	$ 35,469	$ 30,503
Cumulative Fair Value Hedge Adjustment included in the Carrying Value of Hedged Items	(83)	(737)
Borrowed Funds Discontinued Relationships
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative fair value hedge adjustment included in carrying value of hedged items	(100)	(100)
Securities available for sale
Derivative Instruments, Gain (Loss) [Line Items]
Carrying Value of the Hedged Items	19,063	2,076
Cumulative Fair Value Hedge Adjustment included in the Carrying Value of Hedged Items	$ 513	$ (122)

Financial Derivatives (Gains _2

Financial Derivatives (Gains (Losses) on Derivatives Not Designated As Hedging Instruments under GAAP) (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	$ (42)	$ (53)	$ (140)	$ (195)
Mortgage Banking | Interest rate contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	203	(224)	35	(301)
Customer Contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	56	42	94	191
Customer Contracts | Interest rate contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	(21)	11	(58)	46
Customer Contracts | Foreign exchange contracts and other
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	77	31	152	145
Other Risk Management Activity | Foreign exchange contracts and other
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	$ (301)	$ 129	$ (269)	$ (85)

Financial Derivatives (Derivati

Financial Derivatives (Derivative Assets and Liabilities Offsetting) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative assets
Gross Fair Value	$ 3,308	$ 3,429
Fair Value Offset Amount	1,431	1,406
Cash Collateral	761	1,126
Derivative assets, Net Fair Value	1,116	897
Securities Collateral Held/Pledged Under Master Netting Agreements	2	66
Net Amounts	1,114	831
Derivative liabilities
Gross Fair Value	4,627	5,899
Fair Value Offset Amount	1,431	1,406
Cash Collateral	836	955
Derivative liabilities, Net Fair Value	2,360	3,538
Securities Collateral Held/Pledged Under Master Netting Agreements	40	58
Net Amounts	2,320	3,480
Interest rate contracts | Over-the-counter cleared
Derivative assets
Gross Fair Value	11	19
Derivative assets, Net Fair Value	11	19
Net Amounts	11	19
Derivative liabilities
Gross Fair Value	16	36
Derivative liabilities, Net Fair Value	16	36
Net Amounts	16	36
Interest rate contracts | Over-the-counter
Derivative assets
Gross Fair Value	2,339	2,338
Fair Value Offset Amount	944	976
Cash Collateral	599	767
Derivative assets, Net Fair Value	796	595
Securities Collateral Held/Pledged Under Master Netting Agreements	1	61
Net Amounts	795	534
Derivative liabilities
Gross Fair Value	3,345	4,612
Fair Value Offset Amount	871	885
Cash Collateral	785	942
Derivative liabilities, Net Fair Value	1,689	2,785
Securities Collateral Held/Pledged Under Master Netting Agreements	40	58
Net Amounts	1,649	2,727
Commodity contracts:
Derivative assets
Gross Fair Value	622	765
Fair Value Offset Amount	370	316
Cash Collateral	137	283
Derivative assets, Net Fair Value	115	166
Securities Collateral Held/Pledged Under Master Netting Agreements	1	5
Net Amounts	114	161
Derivative liabilities
Gross Fair Value	598	757
Fair Value Offset Amount	345	332
Cash Collateral	8
Derivative liabilities, Net Fair Value	245	425
Net Amounts	245	425
Foreign exchange contracts and other
Derivative assets
Gross Fair Value	336	307
Fair Value Offset Amount	117	114
Cash Collateral	25	76
Derivative assets, Net Fair Value	194	117
Net Amounts	194	117
Derivative liabilities
Gross Fair Value	668	494
Fair Value Offset Amount	215	189
Cash Collateral	43	13
Derivative liabilities, Net Fair Value	410	292
Net Amounts	$ 410	$ 292

Financial Derivatives (Credit-R

Financial Derivatives (Credit-Risk Contingent Features) (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net derivative liabilities with credit-risk contingent features	$ 3.1	$ 4.2
Less: Collateral posted	0.9	1
Maximum additional amount of collateral exposure	$ 2.2	$ 3.2

Legal Proceedings (Details)

Legal Proceedings (Details) $ in Millions	Sep. 30, 2024 USD ($)
SEC Schedule, 12-09, Reserve, Legal | Maximum
Loss Contingencies [Line Items]
Range of possible loss not accrued	$ 300

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	9 Months Ended
	Sep. 30, 2024 operatingUnit segment
Segment Reporting [Abstract]
Segment reporting, number of segments | segment	3
Number of distinct operating units | operatingUnit	2

Segment Reporting (Segment Repo

Segment Reporting (Segment Reporting Table) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Net interest income	$ 3,410	$ 3,418	$ 9,976	$ 10,513
Noninterest income	2,022	1,815	6,012	5,616
Total revenue	5,432	5,233	15,988	16,129
Provision for (recapture of) credit losses	243	129	633	510
Depreciation and amortization	281	285	846	850
Other noninterest expense	3,046	2,960	9,172	9,088
Income (loss) before income taxes (benefit) and noncontrolling interests	1,862	1,859	5,337	5,681
Income taxes (benefit)	357	289	1,011	917
Net income (loss)	1,505	1,570	4,326	4,764
Less: Net income attributable to noncontrolling interests	15	16	47	50
Net income (loss) excluding noncontrolling interests	1,490	1,554	4,279	4,714
Average Assets	569,513	554,963	565,146	557,574
Other
Segment Reporting Information [Line Items]
Net interest income	(1,122)	(687)	(3,253)	(1,305)
Noninterest income	49	(27)	(429)	164
Total revenue	(1,073)	(714)	(3,682)	(1,141)
Provision for (recapture of) credit losses		(11)	(27)	(34)
Depreciation and amortization	147	144	436	430
Other noninterest expense	118	59	483	215
Income (loss) before income taxes (benefit) and noncontrolling interests	(1,338)	(906)	(4,574)	(1,752)
Income taxes (benefit)	(364)	(333)	(1,225)	(750)
Net income (loss)	(974)	(573)	(3,349)	(1,002)
Less: Net income attributable to noncontrolling interests	1		4	3
Net income (loss) excluding noncontrolling interests	(975)	(573)	(3,353)	(1,005)
Average Assets	211,051	193,996	205,215	194,107
Retail Banking | Operating Segments
Segment Reporting Information [Line Items]
Net interest income	2,783	2,576	8,109	7,305
Noninterest income	701	784	2,874	2,229
Total revenue	3,484	3,360	10,983	9,534
Provision for (recapture of) credit losses	111	42	256	266
Depreciation and amortization	78	80	237	239
Other noninterest expense	1,764	1,796	5,283	5,468
Income (loss) before income taxes (benefit) and noncontrolling interests	1,531	1,442	5,207	3,561
Income taxes (benefit)	358	337	1,215	834
Net income (loss)	1,173	1,105	3,992	2,727
Less: Net income attributable to noncontrolling interests	9	11	28	32
Net income (loss) excluding noncontrolling interests	1,164	1,094	3,964	2,695
Average Assets	114,257	114,724	114,522	114,975
Corporate & Institutional Banking | Operating Segments
Segment Reporting Information [Line Items]
Net interest income	1,588	1,390	4,639	4,122
Noninterest income	1,030	835	2,860	2,542
Total revenue	2,618	2,225	7,499	6,664
Provision for (recapture of) credit losses	134	102	409	283
Depreciation and amortization	50	52	151	159
Other noninterest expense	900	843	2,632	2,596
Income (loss) before income taxes (benefit) and noncontrolling interests	1,534	1,228	4,307	3,626
Income taxes (benefit)	332	263	928	775
Net income (loss)	1,202	965	3,379	2,851
Less: Net income attributable to noncontrolling interests	5	5	15	15
Net income (loss) excluding noncontrolling interests	1,197	960	3,364	2,836
Average Assets	227,277	230,082	228,518	232,914
Asset Management Group | Operating Segments
Segment Reporting Information [Line Items]
Net interest income	161	139	481	391
Noninterest income	242	223	707	681
Total revenue	403	362	1,188	1,072
Provision for (recapture of) credit losses	(2)	(4)	(5)	(5)
Depreciation and amortization	6	9	22	22
Other noninterest expense	264	262	774	809
Income (loss) before income taxes (benefit) and noncontrolling interests	135	95	397	246
Income taxes (benefit)	31	22	93	58
Net income (loss)	104	73	304	188
Less: Net income attributable to noncontrolling interests
Net income (loss) excluding noncontrolling interests	104	73	304	188
Average Assets	$ 16,928	$ 16,161	$ 16,891	$ 15,578

Fee-Based Revenue from Contra_3

Fee-Based Revenue from Contracts with Customers (Narrative) (Details)	9 Months Ended
	Sep. 30, 2024 segment
Revenue from Contract with Customer [Abstract]
Segment reporting, number of segments	3

Fee-Based Revenue from Contra_4

Fee-Based Revenue from Contracts with Customers (Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total noninterest income	$ 2,022	$ 1,815	$ 6,012	$ 5,616
Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	1,570	1,398	4,487	4,177
Out-of-scope noninterest income	403	444	1,954	1,275
Other
Disaggregation of Revenue [Line Items]
Total noninterest income	49	(27)	(429)	164
Retail Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	626	622	1,835	1,834
Out-of-scope noninterest income	75	162	1,039	395
Total noninterest income	701	784	2,874	2,229
Retail Banking | Asset management and brokerage | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	145	129	417	383
Retail Banking | Brokerage fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	145	129	417	383
Retail Banking | Card and cash management | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	296	305	885	921
Retail Banking | Treasury management fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	10	10	31	31
Retail Banking | Debit card fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	177	175	520	518
Retail Banking | Net credit card fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	46	54	149	173
Retail Banking | Interchange Fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	167	169	496	502
Retail Banking | Credit Card Reward Costs | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	121	115	347	329
Retail Banking | Merchant services | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	40	42	118	126
Retail Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	23	24	67	73
Retail Banking | Lending and deposit services | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	185	188	533	530
Retail Banking | Deposit account fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	166	170	479	476
Retail Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	19	18	54	54
Corporate & Institutional Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	706	557	1,958	1,674
Out-of-scope noninterest income	324	278	902	868
Total noninterest income	1,030	835	2,860	2,542
Corporate & Institutional Banking | Card and cash management | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	390	371	1,156	1,082
Corporate & Institutional Banking | Treasury management fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	372	351	1,100	1,024
Corporate & Institutional Banking | Merchant services | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	18	20	56	58
Corporate & Institutional Banking | Lending and deposit services | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	7	8	24	24
Corporate & Institutional Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	7	8	24	24
Corporate & Institutional Banking | Residential and commercial mortgage | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	32	32	90	114
Corporate & Institutional Banking | Capital markets and advisory | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	261	124	644	410
Corporate & Institutional Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	16	22	44	44
Asset Management Group | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	238	219	694	669
Out-of-scope noninterest income	4	4	13	12
Total noninterest income	242	223	707	681
Asset Management Group | Asset management and brokerage | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	238	219	694	669
Asset Management Group | Asset management fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income	$ 238	217	694	663
Asset Management Group | Brokerage fees | Operating Segments
Disaggregation of Revenue [Line Items]
Total in-scope noninterest income		$ 2		$ 6

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event $ / shares in Units, shares in Millions	Oct. 28, 2024 USD ($)	Oct. 22, 2024 USD ($)	Oct. 21, 2024 USD ($)	Dec. 02, 2024 USD ($) $ / shares shares
Forecast | Series R
Subsequent Event [Line Items]
Preferred stock, redemption amount				$ 500,000,000
Preferred stock, redemption price per share (in dollars per share) | $ / shares				$ 1,000
Shares, outstanding (in shares) | shares				0.5
Depositary shares conversion ratio				0.01
Senior debt | Fixed-To-Floating Rate Notes, Due October 21, 2032 | Parent Company
Subsequent Event [Line Items]
Debt instrument, face amount			$ 1,500,000,000
Interest rate			4.812%
Debt instrument, basis spread on variable rate			1.259%
Senior debt | Senior Floating Rate Bank Notes, Due December 2, 2024
Subsequent Event [Line Items]
Debt instrument, face amount		$ 200,000,000
Debt instrument, redemption ratio		1
Senior debt | Senior Floating Rate Bank Notes, Due October 28, 2025
Subsequent Event [Line Items]
Debt instrument, face amount	$ 1,000,000,000
Debt instrument, redemption ratio	1