Truist Financial (TFC) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover	3 Months Ended
	Mar. 31, 2022shares
Entity Listings [Line Items]
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Entity File Number	1-10853
Entity Registrant Name	TRUIST FINANCIAL CORPORATION
Entity Tax Identification Number	56-0939887
Entity Address, Address Line One	214 North Tryon Street
Entity Address, City or Town	Charlotte,
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28202
City Area Code	(336)
Local Phone Number	733-2000
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	1,331,413,896
Entity Central Index Key	0000092230
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Document Transition Report	false
Entity Incorporation, State or Country Code	NC
Document Quarterly Report	true
Common Stock, $5 par value
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $5 par value
Trading Symbol	TFC
Security Exchange Name	NYSE
Series I
Entity Listings [Line Items]
Title of 12(b) Security	Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock
Trading Symbol	TFC.PI
Security Exchange Name	NYSE
Series J Preferred Stock
Entity Listings [Line Items]
Title of 12(b) Security	5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock
Trading Symbol	TFC.PJ
Security Exchange Name	NYSE
Series O
Entity Listings [Line Items]
Title of 12(b) Security	Depositary Shares each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock
Trading Symbol	TFC.PO
Security Exchange Name	NYSE
Series R Preferred Stock
Entity Listings [Line Items]
Title of 12(b) Security	Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock
Trading Symbol	TFC.PR
Security Exchange Name	NYSE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and Due from Banks	$ 5,516	$ 5,085
Interest-bearing deposits with banks	23,606	15,210
Securities borrowed or purchased under agreements to resell	2,322	4,028
Trading assets at fair value	5,920	4,423
AFS securities	84,753	153,123
HTM securities (fair value of $59,124 and $1,495 at fair value, respectively)	61,662	1,494
LHFS (including $3,364 and $3,544 at fair value, respectively)	4,167	4,812
Loans and leases (including $21 and $23 at fair value, respectively)	290,081	289,513
ALLL	(4,170)	(4,435)
Loans and leases, net of ALLL	285,911	285,078
Premises and equipment	3,662	3,700
Goodwill	26,284	26,098
CDI and other intangible assets	3,693	3,408
Servicing Asset at Fair Value, Amount	3,013	2,633
Other assets (including $3,137 and $3,436 at fair value, respectively)	33,470	32,149
Total assets	543,979	541,241
Liabilities
Noninterest-bearing deposits	150,446	145,892
Interest-bearing deposits	277,882	270,596
Short-term borrowings (including $1,717 and $1,731 at fair value, respectively)	5,147	5,292
Long-term debt	33,773	35,913
Other liabilities (including $1,482 and $586 at fair value, respectively)	11,687	14,277
Total liabilities	478,935	471,970
Shareholders’ Equity
Preferred stock	6,673	6,673
Common stock, $5 par value	6,657	6,639
Additional paid-in capital	34,539	34,565
Retained earnings	23,687	22,998
AOCI, net of deferred income taxes	(6,535)	(1,604)
Noncontrolling interests	23	0
Total shareholders’ equity	65,044	69,271
Total liabilities and shareholders’ equity	$ 543,979	$ 541,241
Common shares outstanding	1,331,414	1,327,818
Common shares authorized	2,000,000	2,000,000
Preferred shares outstanding	223	223
Preferred shares authorized	5,000	5,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
HTM securities, Fair Value	$ 59,124	$ 1,495
Loans Held for Sale, Fair Value	3,364	3,544
Loans Receivable, Fair Value Disclosure	21	23
Other Assets, Fair Value Disclosure	3,137	3,436
Short-term borrowings, fair value	1,717	1,731
Other Liabilities, Fair Value Disclosure	$ 1,482	$ 586
Common stock, par value (in dollars per share)	$ 5	$ 5

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest Income
Interest and fees on loans and leases	$ 2,644	$ 3,002
Interest on securities	640	443
Interest on other earning assets	73	49
Total interest income	3,357	3,494
Interest Expense
Interest on deposits	32	47
Interest on long-term debt	132	148
Interest on other borrowings	10	14
Total interest expense	174	209
Net Interest Income	3,183	3,285
Provision for credit losses	(95)	48
Net Interest Income After Provision for Credit Losses	3,278	3,237
Noninterest Income
Noninterest income	2,142	2,197
Noninterest Expense
Personnel expense	2,051	2,142
Professional fees and outside processing	363	350
Software expense	232	210
Net occupancy expense	208	209
Amortization of intangibles	137	144
Equipment expense	118	113
Marketing and customer development	84	66
Operating lease depreciation	48	50
Loan-related expense	44	54
Regulatory costs	35	25
Merger-related and restructuring charges	216	141
Loss (gain) on early extinguishment of debt	0	(3)
Other expense	138	109
Total noninterest expense	3,674	3,610
Earnings
Income before income taxes	1,746	1,824
Provision for income taxes	330	351
Net income	1,416	1,473
Noncontrolling interests	1	(4)
Net income available to the bank holding company	1,415	1,477
Preferred stock dividends and other	88	143
Net income available to common shareholders	$ 1,327	$ 1,334
Basic EPS	$ 1	$ 0.99
Diluted EPS	$ 0.99	$ 0.98
Basic weighted average shares outstanding (in shares)	1,329,037	1,345,666
Diluted weighted average shares outstanding (in shares)	1,341,563	1,358,932
Insurance income
Noninterest Income
Noninterest income	$ 727	$ 626
Investment banking and trading income
Noninterest Income
Noninterest income	261	346
Wealth management income
Noninterest Income
Noninterest income	343	341
Service charges on deposits
Noninterest Income
Noninterest income	252	258
Card and payment related fees
Noninterest Income
Noninterest income	212	200
Residential mortgage income
Noninterest Income
Noninterest income	89	100
Lending related fees
Noninterest Income
Noninterest income	85	100
Operating lease income
Noninterest Income
Noninterest income	58	68
Commercial mortgage income
Noninterest Income
Noninterest income	32	33
Income from bank-owned life insurance
Noninterest Income
Noninterest income	51	50
Securities gains (losses)
Noninterest Income
Noninterest income	(69)	0
Other income
Noninterest Income
Noninterest income	$ 101	$ 75

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,416	$ 1,473
OCI, net of tax:
Net change in net pension and postretirement costs	8	35
Net change in cash flow hedges	5	36
Net change in AFS securities	(4,989)	(2,304)
Net change in HTM securities	44	0
Other, net	1	1
Total OCI, net of tax	(4,931)	(2,232)
Total comprehensive income	(3,515)	(759)
Income Tax Effect of Items Included in OCI:
Net change in net pension and postretirement costs	2	11
Net change in cash flow hedges	1	11
Net change in AFS securities	(1,513)	(707)
Net change in HTM securities	13	0
Other, net	0	0
Total income taxes related to OCI	$ (1,497)	$ (685)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) shares in Thousands, $ in Millions	Total	Common Stock	Preferred Stock	Additional Paid-In Capital	Retained Earnings	AOCI	Noncontrolling Interests
Beginning balance at Dec. 31, 2020	$ 70,912	$ 6,745	$ 8,048	$ 35,843	$ 19,455	$ 716	$ 105
Beginning balance (in shares) at Dec. 31, 2020		1,348,961
Add (Deduct):
Net income	1,473				1,477		(4)
OCI	(2,232)					(2,232)
Stock transactions:
Issued in connection with equity awards, net	(84)	$ 27		(111)
Issued in connection with equity awards, net (in shares)		5,388
Repurchase of common stock (in shares)		(9,504)
Repurchase of common stock	(506)	$ (48)		(458)
Redemption of preferred stock	(950)		(924)		(26)
Cash dividends declared on common stock	(605)				(605)
Cash dividends declared on preferred stock	(117)				(117)
Equity-based compensation expense	86			86
Other, net	(101)						(101)
Ending balance at Mar. 31, 2021	67,876	$ 6,724	7,124	35,360	20,184	(1,516)	0
Ending balance (in shares) at Mar. 31, 2021		1,344,845
Beginning balance at Dec. 31, 2021	$ 69,271	$ 6,639	6,673	34,565	22,998	(1,604)	0
Beginning balance (in shares) at Dec. 31, 2021	1,327,818	1,327,818
Add (Deduct):
Net income	$ 1,416				1,415		1
OCI	(4,931)					(4,931)
Stock transactions:
Issued in connection with equity awards, net	(89)	$ 18		(106)	(1)
Issued in connection with equity awards, net (in shares)		3,596
Cash dividends declared on common stock	(637)				(637)
Cash dividends declared on preferred stock	(88)				(88)
Equity-based compensation expense	80			80
Other, net	22						22
Ending balance at Mar. 31, 2022	$ 65,044	$ 6,657	$ 6,673	$ 34,539	$ 23,687	$ (6,535)	$ 23
Ending balance (in shares) at Mar. 31, 2022	1,331,414	1,331,414

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash Flows From Operating Activities:
Net income	$ 1,416	$ 1,473
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	(95)	48
Depreciation	195	201
Amortization of intangibles	137	144
Securities (gains) losses	69	0
Net change in operating assets and liabilities:
LHFS	180	(510)
Loan servicing rights	(380)	(342)
Pension asset	(410)	(452)
Derivative assets and liabilities	986	1,060
Trading assets	(1,497)	(1,222)
Other assets and other liabilities	(558)	(915)
Other, net	(231)	482
Net cash from operating activities	(188)	(33)
Cash Flows From Investing Activities:
Proceeds from sales of AFS securities	3,127	60
Proceeds from maturities, calls and paydowns of AFS securities	5,259	8,862
Purchases of AFS securities	(7,219)	(15,601)
Proceeds from maturities, calls and paydowns of HTM securities	857	0
Purchases of HTM securities	(3,020)	0
Originations and purchases of loans and leases, net of sales and principal collected	(134)	8,249
Net cash received (paid) for securities borrowed or purchased under agreements to resell	1,706	396
Net cash received (paid) for asset acquisitions, business combinations, and divestitures	(488)	1,130
Other, net	(122)	23
Net cash from investing activities	(34)	3,119
Cash Flows From Financing Activities:
Net change in deposits	11,842	14,489
Net change in short-term borrowings	(145)	(203)
Proceeds from issuance of long-term debt	66	1,299
Repayment of long-term debt	(1,699)	(3,032)
Repurchase of common stock	0	(506)
Redemption of preferred stock	0	(950)
Cash dividends paid on common stock	(637)	(605)
Cash dividends paid on preferred stock	(88)	(117)
Net cash received (paid) for hedge unwinds	(198)	0
Other, net	(92)	(197)
Net cash from financing activities	9,049	10,178
Net Change in Cash and Cash Equivalents	8,827	13,264
Cash and Cash Equivalents, January 1	20,295	18,868
Cash and Cash Equivalents, March 31	29,122	32,132
Supplemental Disclosure of Cash Flow Information:
Net cash paid (received) during the period for interest expense	156	248
Net cash paid (received) during the period for income taxes	40	28
Noncash investing activities:
Noncash Transfer of AFS securities to HTM	$ 59,436	$ 0

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation General See the Glossary of Defined Terms at the beginning of this Report for terms used herein. These consolidated financial statements and notes are presented in accordance with the instructions for Form 10-Q, and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations, and cash flow activity required in accordance with GAAP. In the opinion of management, all normal recurring adjustments necessary for a fair statement of the consolidated financial position and consolidated results of operations have been made. The year-end consolidated balance sheet data was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. The information contained in the financial statements and notes included in the Annual Report on Form 10-K for the year ended December 31, 2021 should be referred to in connection with these unaudited interim consolidated financial statements. There were no significant changes to the Company’s accounting policies from those disclosed in the Annual Report on Form 10-K for the year ended December 31, 2021 that could have a material effect on the Company’s financial statements. Reclassifications Certain amounts reported in prior periods’ consolidated financial statements have been reclassified to conform to the current presentation. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the ACL; determination of fair value for securities, MSRs, LHFS, trading loans, and derivative assets and liabilities; goodwill and other intangible assets; income taxes; and pension and postretirement benefit obligations. Changes in Accounting Principles and Effects of New Accounting Pronouncements Standard / Adoption Date Description Effects on the Financial Statements Standards Not Yet Adopted Troubled Debt Restructurings and Vintage Disclosures January 1, 2023 Eliminates the accounting guidance for TDRs, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors made to borrowers experiencing financial difficulty. Additionally, requires disclosure of current-period gross write-offs by year of origination for financing receivables and net investment in leases. Truist is evaluating this standard. Upon adoption, Truist expects the newly required disclosures to be included in the Loans and ACL footnote. Fair Value Hedging – Portfolio Layer Method January 1, 2023 Introduces the portfolio layer method, which expands the current single-layer method to allow multiple hedged layers of a single closed portfolio under the method (previously named, last-of-layer method). Additionally, expands the scope of the portfolio layer method to include non-prepayable assets, specifies eligible hedging instruments in a single-layer hedge, provides additional guidance on the accounting for and disclosure of hedge basis adjustments under the portfolio layer method, and specifies how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. Truist is evaluating the use of the portfolio layer method in its hedging programs.

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Business Combination Disclosure	Business CombinationsOn March 1, 2022, Truist acquired Kensington Vanguard National Land Services, one of the country's largest independent full-service national title insurance agencies, which resulted in approximately $187 million of goodwill and $148 million of identifiable intangible assets in the IH segment. Fair value estimates related to the acquired assets and liabilities are subject to adjustment during the one-year measurement period following the closing of the acquisition. The intangible assets are being amortized over a term of 15 years based upon the estimated economic benefits received. Goodwill of $129 million and identifiable intangible assets of $110 million are deductible for tax purposes.

Securities Financing Activities

Securities Financing Activities	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure	Securities Financing Activities Securities purchased under agreements to resell are primarily collateralized by U.S. government or agency securities and are carried at the amounts at which the securities will be subsequently sold, plus accrued interest. Securities borrowed are primarily collateralized by corporate securities. The Company borrows securities and purchases securities under agreements to resell as part of its securities financing activities. On the acquisition date of these securities, the Company and the related counterparty agree on the amount of collateral required to secure the principal amount loaned under these arrangements. The Company monitors collateral values daily and calls for additional collateral to be provided as warranted under the respective agreements. The following table presents securities borrowed or purchased under agreements to resell: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Securities purchased under agreements to resell $ 1,678 $ 3,460 Securities borrowed 644 568 Total securities borrowed or purchased under agreements to resell $ 2,322 $ 4,028 Fair value of collateral held available to be resold or repledged $ 2,316 $ 4,005 Fair value of securities repledged 342 1,141 For securities sold under agreements to repurchase, the Company would be obligated to provide additional collateral in the event of a significant decline in fair value of the collateral pledged. This risk is managed by monitoring the liquidity and credit quality of the collateral, as well as the maturity profile of the transactions. Refer to “Note 14. Commitments and Contingencies” for additional information related to pledged securities. The following table presents the Company’s related activity, by collateral type and remaining contractual maturity: March 31, 2022 December 31, 2021 (Dollars in millions) Overnight and Continuous Up to 30 days Total Overnight and Continuous Up to 30 days Total U.S. Treasury $ 439 $ 41 $ 480 $ 749 $ 409 $ 1,158 GSE 81 31 112 53 25 78 Agency MBS - residential 973 338 1,311 720 141 861 Corporate and other debt securities 150 314 464 213 125 338 Total securities sold under agreements to repurchase $ 1,643 $ 724 $ 2,367 $ 1,735 $ 700 $ 2,435 There were no securities financing transactions subject to legally enforceable master netting arrangements that were eligible for balance sheet netting for the periods presented.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	Investment Securities The following tables summarize the Company’s AFS and HTM securities: March 31, 2022 Amortized Cost Gross Unrealized Fair Value Gains Losses AFS securities: U.S. Treasury $ 9,891 $ — $ 479 $ 9,412 GSE 257 — 12 245 Agency MBS - residential 71,956 37 3,755 68,238 Agency MBS - commercial 2,831 2 174 2,659 States and political subdivisions 366 19 15 370 Non-agency MBS 4,149 — 346 3,803 Other 26 — — 26 Total AFS securities $ 89,476 $ 58 $ 4,781 $ 84,753 HTM securities: Agency MBS - residential $ 61,662 $ — $ 2,538 $ 59,124 December 31, 2021 Amortized Cost Gross Unrealized Fair Value Gains Losses AFS securities: U.S. Treasury $ 9,892 $ 9 $ 106 $ 9,795 GSE 1,667 33 2 1,698 Agency MBS - residential 135,886 656 2,500 134,042 Agency MBS - commercial 2,928 18 64 2,882 States and political subdivisions 382 39 1 420 Non-agency MBS 4,305 — 47 4,258 Other 28 — — 28 Total AFS securities $ 155,088 $ 755 $ 2,720 $ 153,123 HTM securities: Agency MBS - residential $ 1,494 $ 1 $ — $ 1,495 In the first quarter of 2022, Truist transferred $59.4 billion of AFS securities to HTM as the Company continues to execute upon its asset-liability management strategies. Management determined that it has both the positive intent and ability to hold these securities to maturity. On the date of transfer, the difference between the par value and the fair value of these securities, which was recorded as a loss in AOCI, resulted in a net discount of $3.7 billion, inclusive of $510 million of basis adjustment gains from terminated fair value hedges attributable to the transferred securities. The discount will be accreted and unrealized loss in AOCI will be amortized, offsetting within interest income over the remaining life of the securities using the interest method. There were no gains or losses recognized as a result of this transfer. Certain MBS securities issued by FNMA and FHLMC exceeded 10% of shareholders’ equity at March 31, 2022. The FNMA investments had total amortized cost and fair value of $45.2 billion and $43.0 billion, respectively. The FHLMC investments had total amortized cost and fair value of $45.7 billion and $43.4 billion, respectively. The amortized cost and estimated fair value of the securities portfolio by contractual maturity are shown in the following table. The expected life of MBS may be shorter than the contractual maturities because borrowers may have the right to prepay their obligations with or without penalties. Amortized Cost Fair Value March 31, 2022 Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years Total Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years Total AFS securities: U.S. Treasury $ 309 $ 8,602 $ 980 $ — $ 9,891 $ 307 $ 8,188 $ 917 $ — $ 9,412 GSE — — — 257 257 — — — 245 245 Agency MBS - residential — 1 633 71,322 71,956 — 1 624 67,613 68,238 Agency MBS - commercial — 8 15 2,808 2,831 — 8 14 2,637 2,659 States and political subdivisions 15 76 124 151 366 15 76 129 150 370 Non-agency MBS — — — 4,149 4,149 — — — 3,803 3,803 Other — 6 — 20 26 — 6 — 20 26 Total AFS securities $ 324 $ 8,693 $ 1,752 $ 78,707 $ 89,476 $ 322 $ 8,279 $ 1,684 $ 74,468 $ 84,753 HTM securities: Agency MBS - residential $ — $ — $ — $ 61,662 $ 61,662 $ — $ — $ — $ 59,124 $ 59,124 The following tables present the fair values and gross unrealized losses of investments based on the length of time that individual securities have been in a continuous unrealized loss position: Less than 12 months 12 months or more Total March 31, 2022 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses AFS securities: U.S. Treasury $ 8,793 $ 431 $ 602 $ 48 $ 9,395 $ 479 GSE 209 12 — — 209 12 Agency MBS - residential 54,565 2,940 9,386 815 63,951 3,755 Agency MBS - commercial 909 40 1,672 134 2,581 174 States and political subdivisions 206 13 21 2 227 15 Non-agency MBS 3,803 346 — — 3,803 346 Other 21 — — — 21 — Total $ 68,506 $ 3,782 $ 11,681 $ 999 $ 80,187 $ 4,781 HTM securities: Agency MBS - residential $ 39,486 $ 1,388 $ 19,638 $ 1,150 $ 59,124 $ 2,538 Less than 12 months 12 months or more Total December 31, 2021 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses AFS securities: U.S. Treasury $ 8,412 $ 88 $ 582 $ 18 $ 8,994 $ 106 GSE 104 2 — — 104 2 Agency MBS - residential 101,262 2,377 2,638 123 103,900 2,500 Agency MBS - commercial 1,749 50 413 14 2,162 64 States and political subdivisions — — 22 1 22 1 Non-agency MBS 4,258 47 — — 4,258 47 Other 6 — — — 6 — Total $ 115,791 $ 2,564 $ 3,655 $ 156 $ 119,446 $ 2,720 At March 31, 2022 and December 31, 2021, no ACL was established for AFS or HTM securities. Substantially all of the unrealized losses on the securities portfolio, including non-agency MBS, were the result of changes in market interest rates compared to the date the securities were acquired rather than the credit quality of the issuers or underlying loans. HTM debt securities consists of residential agency MBS. Accordingly, the Company does not expect to incur any credit losses on HTM investment securities. The following table presents gross securities gains and losses recognized in earnings: (Dollars in millions) Three Months Ended March 31, 2022 2021 Gross realized gains $ 13 $ — Gross realized losses (82) — Securities gains (losses), net $ (69) $ —

Loans and ACL

Loans and ACL	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans and ACL	Loans and ACL The following tables present loans and leases HFI by aging category. Government guaranteed loans are not placed on nonperforming status regardless of delinquency because collection of principal and interest is reasonably assured. The past due status of loans that received a deferral under the CARES Act is generally frozen during the deferral period. In certain limited circumstances, accommodation programs result in the delinquency status being reset to current. Accruing March 31, 2022 Current 30-89 Days Past Due 90 Days Or More Past Due (1) Nonperforming Total Commercial: Commercial and industrial $ 140,428 $ 280 $ 22 $ 330 $ 141,060 CRE 22,734 13 — 27 22,774 Commercial construction 5,219 1 — — 5,220 Consumer: Residential mortgage 46,287 542 1,027 315 48,171 Residential home equity and direct 24,558 142 12 141 24,853 Indirect auto 24,999 529 1 227 25,756 Indirect other 10,972 65 2 4 11,043 Student 5,210 482 822 — 6,514 Credit card 4,615 47 28 — 4,690 Total $ 285,022 $ 2,101 $ 1,914 $ 1,044 $ 290,081 (1) Includes government guaranteed loans of $996 million in the residential mortgage portfolio and $818 million in the student portfolio. Accruing December 31, 2021 Current 30-89 Days Past Due 90 Days Or More Past Due (1) Nonperforming Total Commercial: Commercial and industrial $ 138,225 $ 130 $ 13 $ 394 $ 138,762 CRE 23,902 20 — 29 23,951 Commercial construction 4,962 2 — 7 4,971 Consumer: Residential mortgage 46,033 514 1,009 296 47,852 Residential home equity and direct 24,809 107 9 141 25,066 Indirect auto 25,615 607 1 218 26,441 Indirect other 10,811 64 3 5 10,883 Student 5,357 555 868 — 6,780 Credit card 4,735 45 27 — 4,807 Total $ 284,449 $ 2,044 $ 1,930 $ 1,090 $ 289,513 (1) Includes government guaranteed loans of $978 million in the residential mortgage portfolio and $864 million in the student portfolio. The following tables present the amortized cost basis of loans by origination year and credit quality indicator: March 31, 2022 Amortized Cost Basis by Origination Year Revolving Credit Loans Converted to Term Other (1) 2022 2021 2020 2019 2018 Prior Total Commercial: Commercial and industrial: Pass $ 10,993 $ 30,955 $ 15,100 $ 11,947 $ 7,874 $ 13,160 $ 46,584 $ — $ (65) $ 136,548 Special mention 104 227 303 212 279 100 530 — — 1,755 Substandard 98 334 361 375 238 256 765 — — 2,427 Nonperforming 4 42 11 62 10 43 158 — — 330 Total 11,199 31,558 15,775 12,596 8,401 13,559 48,037 — (65) 141,060 CRE: Pass 971 4,396 2,744 4,951 3,093 3,405 882 — (50) 20,392 Special mention 9 37 93 140 164 99 — — — 542 Substandard 64 212 207 463 450 417 — — — 1,813 Nonperforming 1 1 1 11 1 12 — — — 27 Total 1,045 4,646 3,045 5,565 3,708 3,933 882 — (50) 22,774 Commercial construction: Pass 417 1,219 1,124 896 346 164 832 — — 4,998 Special mention 4 — 14 66 — — — — — 84 Substandard 1 4 22 33 61 17 — — — 138 Nonperforming — — — — — — — — — — Total 422 1,223 1,160 995 407 181 832 — — 5,220 Consumer: Residential mortgage: Current $ 2,066 $ 17,749 $ 6,519 $ 3,238 $ 1,621 $ 15,094 $ — $ — $ — $ 46,287 30 - 89 days past due 10 66 43 35 35 353 — — — 542 90 days or more past due 1 4 52 93 128 749 — — — 1,027 Nonperforming — 4 7 21 27 256 — — — 315 Total 2,077 17,823 6,621 3,387 1,811 16,452 — — — 48,171 Residential home equity and direct: Current 1,481 4,361 2,268 1,447 560 476 10,534 3,446 (15) 24,558 30 - 89 days past due 1 12 8 9 3 4 67 38 — 142 90 days or more past due — 1 — — — — 6 5 — 12 Nonperforming — 3 3 4 1 7 42 81 — 141 Total 1,482 4,377 2,279 1,460 564 487 10,649 3,570 (15) 24,853 Indirect auto: Current 2,369 9,794 5,938 3,775 1,860 1,263 — — — 24,999 30 - 89 days past due 5 139 116 116 75 78 — — — 529 90 days or more past due — 1 — — — — — — — 1 Nonperforming — 42 51 60 39 35 — — — 227 Total 2,374 9,976 6,105 3,951 1,974 1,376 — — — 25,756 Indirect other: Current 1,433 3,869 2,405 1,424 812 1,029 — — — 10,972 30 - 89 days past due 2 18 16 13 8 8 — — — 65 90 days or more past due — 1 1 — — — — — — 2 Nonperforming — — — 3 — 1 — — — 4 Total 1,435 3,888 2,422 1,440 820 1,038 — — — 11,043 Student: Current — — 20 82 66 5,041 — — 1 5,210 30 - 89 days past due — — — — 1 481 — — — 482 90 days or more past due — — — — 1 821 — — — 822 Total — — 20 82 68 6,343 — — 1 6,514 Credit card: Current 4,591 21 3 4,615 30 - 89 days past due 45 2 — 47 90 days or more past due 27 1 — 28 Total — — — — — — 4,663 24 3 4,690 Total $ 20,034 $ 73,491 $ 37,427 $ 29,476 $ 17,753 $ 43,369 $ 65,063 $ 3,594 $ (126) $ 290,081 December 31, 2021 Amortized Cost Basis by Origination Year Revolving Credit Loans Converted to Term Other (1) 2021 2020 2019 2018 2017 Prior Total Commercial: Commercial and industrial: Pass $ 35,530 $ 17,430 $ 14,105 $ 8,994 $ 5,633 $ 9,424 $ 43,035 $ — $ (169) $ 133,982 Special mention 195 221 326 317 46 70 691 — — 1,866 Substandard 352 356 395 197 91 335 794 — — 2,520 Nonperforming 50 19 49 42 16 34 184 — — 394 Total 36,127 18,026 14,875 9,550 5,786 9,863 44,704 — (169) 138,762 CRE: Pass 4,836 2,946 5,109 3,201 1,774 2,131 762 — (61) 20,698 Special mention 13 118 483 247 44 83 — — — 988 Substandard 321 264 523 528 321 279 — — — 2,236 Nonperforming 1 1 11 — 9 7 — — — 29 Total 5,171 3,329 6,126 3,976 2,148 2,500 762 — (61) 23,951 Commercial construction: Pass 1,113 1,179 1,259 419 44 95 558 — 12 4,679 Special mention — 14 72 50 — — — — — 136 Substandard 7 13 45 67 17 — — — — 149 Nonperforming — — 1 — 5 — — — 1 7 Total 1,120 1,206 1,377 536 66 95 558 — 13 4,971 Consumer: Residential mortgage: Current 17,271 6,798 3,642 1,753 2,237 14,240 — — 92 46,033 30 - 89 days past due 58 31 32 40 31 322 — — — 514 90 or more days past due 3 44 91 133 95 643 — — — 1,009 Nonperforming 1 5 18 27 20 226 — — (1) 296 Total 17,333 6,878 3,783 1,953 2,383 15,431 — — 91 47,852 Residential home equity and direct: Current 4,962 2,630 1,717 691 189 425 10,757 3,388 50 24,809 30 - 89 days past due 8 8 10 3 1 3 53 21 — 107 90 days or more past due — — — — — — 5 4 — 9 Nonperforming 2 3 4 1 — 7 48 75 1 141 Total 4,972 2,641 1,731 695 190 435 10,863 3,488 51 25,066 Indirect auto: Current 10,699 6,691 4,293 2,158 1,081 504 — — 189 25,615 30 - 89 days past due 119 138 145 97 56 52 — — — 607 90 days or more past due — — — — — 1 — — — 1 Nonperforming 28 48 61 41 21 19 — — — 218 Total 10,846 6,877 4,499 2,296 1,158 576 — — 189 26,441 Indirect other: Current 4,333 2,724 1,638 937 455 691 — — 33 10,811 30 - 89 days past due 14 15 15 12 4 4 — — — 64 90 days or more past due 1 1 1 — — — — — — 3 Nonperforming 1 1 1 — — 2 — — — 5 Total 4,349 2,741 1,655 949 459 697 — — 33 10,883 Student: Current — 21 88 73 61 5,122 — — (8) 5,357 30 - 89 days past due — — 1 1 1 552 — — — 555 90 days or more past due — — — — 1 867 — — — 868 Total — 21 89 74 63 6,541 — — (8) 6,780 Credit card: Current 4,711 24 — 4,735 30 - 89 days past due 43 2 — 45 90 days or more past due 26 1 — 27 Total — — — — — — 4,780 27 — 4,807 Total $ 79,918 $ 41,719 $ 34,135 $ 20,029 $ 12,253 $ 36,138 $ 61,667 $ 3,515 $ 139 $ 289,513 (1) Includes certain deferred fees and costs, unapplied payments, and other adjustments. ACL The following tables present activity in the ACL: (Dollars in millions) Balance at Jan 1, 2021 Charge-Offs Recoveries Provision (Benefit) Other (1) Balance at Mar 31, 2021 Commercial: Commercial and industrial $ 2,204 $ (79) $ 19 $ (8) $ — $ 2,136 CRE 573 (4) 1 (26) — 544 Commercial construction 81 (2) 1 (3) — 77 Consumer: Residential mortgage 368 (11) 2 (16) — 343 Residential home equity and direct 714 (55) 18 30 — 707 Indirect auto 1,198 (105) 22 61 — 1,176 Indirect other 208 (17) 6 (10) — 187 Student 130 (3) — 2 2 131 Credit card 359 (40) 9 33 — 361 ALLL 5,835 (316) 78 63 2 5,662 RUFC 364 — — (15) — 349 ACL $ 6,199 $ (316) $ 78 $ 48 $ 2 $ 6,011 (Dollars in millions) Balance at Jan 1, 2022 Charge-Offs Recoveries Provision (Benefit) Other (1) Balance at Mar 31, 2022 Commercial: Commercial and industrial $ 1,426 $ (31) $ 17 $ (93) $ — $ 1,319 CRE 350 (1) 1 (67) — 283 Commercial construction 52 (1) 1 1 — 53 Consumer: Residential mortgage 308 (2) 6 (2) — 310 Residential home equity and direct 615 (58) 20 (3) — 574 Indirect auto 1,022 (102) 23 14 — 957 Indirect other 195 (19) 6 29 — 211 Student 117 (6) — 3 1 115 Credit card 350 (41) 9 30 — 348 ALLL 4,435 (261) 83 (88) 1 4,170 RUFC 260 — — (7) — 253 ACL $ 4,695 $ (261) $ 83 $ (95) $ 1 $ 4,423 (1) Includes the amounts for the ALLL for PCD acquisitions, and other activity. The commercial ALLL decreased $173 million and the consumer ALLL decreased $90 million for the three months ended March 31, 2022. The decrease reflects a continued favorable credit environment tempered by uncertainty associated with inflation, supply chain disruption, rising rates, and geopolitical events. The RUFC decreased $7 million for the three months ended March 31, 2022. The decrease reflects a continued favorable credit environment. The quantitative models have been designed to estimate losses using macro-economic forecasts over a reasonable and supportable forecast period of two years, followed by a reversion to long-term historical loss conditions over a one-year period. These macro-economic forecasts include a number of key economic variables utilized in loss forecasting that include, but are not limited to, unemployment trends, US real GDP, corporate credit spreads, rental rates, property values, the primary 30-year mortgage rate, home price indices, and used car prices. The primary economic forecast incorporates a third-party baseline forecast that is adjusted to reflect Truist’s interest rate outlook. Management also considers optimistic and pessimistic third-party macro-economic forecasts in order to capture uncertainty in the economic environment. These forecasts, along with the primary economic forecast, are weighted 40% baseline, 30% optimistic, and 30% pessimistic in the March 31, 2022 ACL, unchanged since December 31, 2021. The primary economic forecast shaping the ACL estimate at March 31, 2022 included GDP growth in the mid-single digits followed by a decline to the low-single digits through the end of 2022 and an unemployment rate starting in the low-single digits with improvement through the end of the reasonable and supportable period. Quantitative models have certain limitations with respect to estimating expected losses, particularly in times of rapidly changing macro-economic conditions and forecasts. As a result, management believes that the qualitative component of the ACL, which incorporates management’s expert judgment related to expected future credit losses, will continue to be an important component of the ACL for the foreseeable future. The March 31, 2022 ACL estimate includes adjustments to consider the impact of current and expected events or risks not captured by the loss forecasting models, the outcomes of which are uncertain and may not be completely considered by quantitative models. Refer to “Note 1. Basis of Presentation” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2021 for additional information. NPAs The following table provides a summary of nonperforming loans, excluding LHFS. Interest income recognized on nonperforming loans HFI was immaterial for the three months ended March 31, 2022 and 2021, respectively. March 31, 2022 December 31, 2021 Recorded Investment Recorded Investment (Dollars in millions) Without an ALLL With an ALLL Without an ALLL With an ALLL Commercial: Commercial and industrial $ 139 $ 191 $ 125 $ 269 CRE 18 9 12 17 Commercial construction — — — 7 Consumer: Residential mortgage 5 310 4 292 Residential home equity and direct 3 138 3 138 Indirect auto 3 224 1 217 Indirect other — 4 — 5 Total $ 168 $ 876 $ 145 $ 945 The following table presents a summary of nonperforming assets and residential mortgage loans in the process of foreclosure. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Nonperforming loans and leases HFI $ 1,044 $ 1,090 Nonperforming LHFS 39 22 Foreclosed real estate 3 8 Other foreclosed property 49 43 Total nonperforming assets $ 1,135 $ 1,163 Residential mortgage loans in the process of foreclosure $ 208 $ 135 TDRs The following table presents a summary of TDRs: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Performing TDRs: Commercial: Commercial and industrial $ 104 $ 147 CRE 5 5 Commercial construction 1 — Consumer: Residential mortgage 866 692 Residential home equity and direct 91 98 Indirect auto 392 389 Indirect other 6 7 Student 25 25 Credit card 25 27 Total performing TDRs 1,515 1,390 Nonperforming TDRs 189 152 Total TDRs $ 1,704 $ 1,542 ALLL attributable to TDRs $ 87 $ 102 The primary type of modification for newly designated TDRs is summarized in the tables below. New TDR balances represent the recorded investment at the end of the quarter in which the modification was made. The prior quarter balance represents recorded investment at the beginning of the quarter in which the modification was made. Rate modifications consist of TDRs made with below market interest rates, including those that also have modifications of loan structures. As of / For the Three Months Ended March 31, 2022 (Dollars in millions) Type of Modification Prior Quarter Loan Balance ALLL at Period End Rate Structure Newly designated TDRs: Commercial $ — $ 8 $ 10 $ — Consumer 148 191 329 15 Credit card 2 — 2 1 Re-modification of previously designated TDRs 21 11 As of / For the Three Months Ended March 31, 2021 Type of Modification Prior Quarter Loan Balance ALLL at Period End (Dollars in millions) Rate Structure Newly designated TDRs: Commercial $ 27 $ 103 $ 147 $ 13 Consumer 75 155 233 13 Credit card 4 — 4 2 Re-modification of previously designated TDRs 14 14 Charge-offs and forgiveness of principal and interest for TDRs were immaterial for all periods presented. The amount of modified loans that were classified as TDRs during the previous 12 months and experienced a payment default for three months ended March 31, 2022 and 2021 was immaterial. Payment default is defined as movement of the TDR to nonperforming status, foreclosure, or charge-off, whichever occurs first. Unearned Income, Discounts, and Net Deferred Loan Fees and Costs The following table presents additional information about loans and leases: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Unearned income, discounts, and net deferred loan fees and costs $ 537 $ 849

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Other Intangible Assets	Goodwill and Other Intangible Assets The Company performed a qualitative assessment of current events and circumstances, including macroeconomic and market factors, industry and banking sector events, Truist specific performance indicators, and a comparison of management’s forecast and assumptions to those used in its October 1, 2021 quantitative impairment test, concluding that it was not more-likely-than-not that the fair value of one or more of its reporting units is below its respective carrying amount as of March 31, 2022, and therefore no triggering event occurred that required a quantitative goodwill impairment test. Refer to “Note 1. Basis of Presentation” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2021 for additional information. The changes in the carrying amount of goodwill attributable to operating segments are reflected in the table below. Activity during 2022 reflects the acquisition of Kensington Vanguard National Land Services. Activity during 2021 primarily reflects the acquisitions of Service Finance, LLC, and Constellation Affiliated Partners. Refer to “Note 2. Business Combinations” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2021 for additional information on the acquisitions and “Note 18. Operating Segments” for additional information on segments. (Dollars in millions) CB&W C&CB IH Total Goodwill, January 1, 2021 $ 15,841 $ 6,167 $ 2,439 $ 24,447 Mergers and acquisitions 1,168 — 556 1,724 Adjustments and other (139) (18) 84 (73) Goodwill, December 31, 2021 16,870 6,149 3,079 26,098 Mergers and acquisitions — — 187 187 Adjustments and other (1) — — (1) Goodwill, March 31, 2022 $ 16,869 $ 6,149 $ 3,266 $ 26,284 The following table, which excludes fully amortized intangibles, presents information for identifiable intangible assets: March 31, 2022 December 31, 2021 (Dollars in millions) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount CDI $ 2,563 $ (1,267) $ 1,296 $ 2,563 $ (1,190) $ 1,373 Other, primarily client relationship intangibles 3,531 (1,134) 2,397 3,116 (1,081) 2,035 Total $ 6,094 $ (2,401) $ 3,693 $ 5,679 $ (2,271) $ 3,408 Truist redeemed a noncontrolling equity interest in SunTrust Merchant Services, LLC, and paid cash of $175 million in exchange for the rights to certain merchant banking relations, including relations previously referred by Truist to SunTrust Merchant Services, LLC. Upon completion of this transaction, Truist recognized a gain on the redemption of noncontrolling equity interest of $74 million and $282 million of other intangibles representing the fair value of acquired contractual relationships as of the transaction date. The intangible assets are being amortized over a term of 12 years based upon the estimated economic benefits received.

Loan Servicing

Loan Servicing	3 Months Ended
	Mar. 31, 2022
Transfers and Servicing [Abstract]
Loan Servicing	Loan Servicing The Company acquires servicing rights, and retains servicing rights related to certain of its sales or securitizations of residential mortgages, commercial mortgages, and other consumer loans. Servicing rights are capitalized by the Company as Loan servicing rights on the Consolidated Balance Sheets. Income earned by the Company on its loan servicing rights is derived primarily from contractually specified servicing fees, late fees, net of curtailment costs, and other ancillary fees. Residential Mortgage Activities The following tables summarize residential mortgage servicing activities: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 UPB of residential mortgage loan servicing portfolio $ 246,664 $ 246,727 UPB of residential mortgage loans serviced for others, primarily agency conforming fixed rate 195,737 196,011 Mortgage loans sold with recourse 221 244 Maximum recourse exposure from mortgage loans sold with recourse liability 137 155 Indemnification, recourse and repurchase reserves 73 74 As of / For the Three Months Ended March 31, 2022 2021 UPB of residential mortgage loans sold from LHFS $ 8,818 $ 9,489 Pre-tax gains recognized on mortgage loans sold and held for sale 39 119 Servicing fees recognized from mortgage loans serviced for others 145 141 Approximate weighted average servicing fee on the outstanding balance of residential mortgage loans serviced for others 0.31 % 0.31 % Weighted average interest rate on mortgage loans serviced for others 3.41 3.76 The following table presents a roll forward of the carrying value of residential MSRs recorded at fair value: Three Months Ended March 31, 2022 2021 Residential MSRs, carrying value, January 1 $ 2,305 $ 1,778 Additions 147 174 Change in fair value due to changes in valuation inputs or assumptions: Prepayment speeds 376 219 OAS (26) 141 Realization of expected net servicing cash flows, passage of time and other (110) (209) Residential MSRs, carrying value, March 31 $ 2,692 $ 2,103 The sensitivity of the fair value of the Company’s residential MSRs to changes in key assumptions is presented in the following table: March 31, 2022 December 31, 2021 Range Weighted Average Range Weighted Average (Dollars in millions) Min Max Min Max Prepayment speed 10.0 % 12.8 % 11.1 % 11.4 % 15.3 % 13.8 % Effect on fair value of a 10% increase $ (104) $ (113) Effect on fair value of a 20% increase (199) (216) OAS 1.2 % 11.2 % 4.3 % 1.5 % 10.7 % 4.2 % Effect on fair value of a 10% increase $ (44) $ (37) Effect on fair value of a 20% increase (87) (73) Composition of loans serviced for others: Fixed-rate residential mortgage loans 99.3 % 99.3 % Adjustable-rate residential mortgage loans 0.7 0.7 Total 100.0 % 100.0 % Weighted average life 6.0 years 5.2 years The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. As indicated, changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in the above table, the effect of an adverse variation in one assumption on the fair value of the MSRs is calculated without changing any other assumption; while in reality, changes in one factor may result in changes in another, which may magnify or counteract the effect of the change. See “Note 15. Fair Value Disclosures” for additional information on the valuation techniques used. Commercial Mortgage Activities The following table summarizes commercial mortgage servicing activities: As of/Year-to-Date Ended (Dollars in millions) Mar 31, 2022 Dec 31, 2021 UPB of CRE mortgages serviced for others $ 37,397 $ 37,960 CRE mortgages serviced for others covered by recourse provisions 9,938 10,243 Maximum recourse exposure from CRE mortgages sold with recourse liability 2,861 2,958 Recorded reserves related to recourse exposure 15 16 CRE mortgages originated during the year-to-date period 1,557 9,380 Commercial MSRs at fair value 280 280 Other Servicing Activities The Company had $41 million and $48 million of other loan servicing rights at fair value as of March 31, 2022 and December 31, 2021, respectively.

Other Assets and Liabilites

Other Assets and Liabilites	3 Months Ended
	Mar. 31, 2022
Other Assets [Abstract]
Other Assets and Liabilities Disclosure	Other Assets and Liabilities Lessee Operating and Finance Leases The Company leases certain assets, consisting primarily of real estate, and assesses at contract inception whether a contract is, or contains, a lease. The following tables present additional information on leases, excluding leases related to the lease financing businesses: March 31, 2022 December 31, 2021 (Dollars in millions) Operating Leases Finance Leases Operating Leases Finance Leases ROU assets $ 1,126 $ 22 $ 1,168 $ 22 Lease liabilities 1,529 26 1,600 26 Weighted average remaining term 6.5 years 6.2 years 6.6 years 6.4 years Weighted average discount rate 2.3 % 3.4 % 2.3 % 3.5 % Three Months Ended March 31, (Dollars in millions) 2022 2021 Operating lease costs $ 85 $ 85 Lessor Operating Leases The Company’s two primary lessor businesses are equipment financing and structured real estate with income recorded in Operating lease income on the Consolidated Statements of Income. The following table presents a summary of assets under operating leases and activity related to assets under operating leases. This table excludes subleases on assets included in premises and equipment. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Assets held under operating leases (1) $ 2,034 $ 2,110 Accumulated depreciation (524) (539) Net $ 1,510 $ 1,571 (1) Includes certain land parcels subject to operating leases that have indefinite lives. Bank-Owned Life Insurance Bank-owned life insurance consists of life insurance policies held on certain teammates for which the Company is the beneficiary. These policies provide the Company an efficient form of funding for retirement and other employee benefits costs. The carrying value of bank-owned life insurance was $7.5 billion at March 31, 2022 and $7.3 billion December 31, 2021.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt Disclosure	Borrowings The following table presents a summary of short-term borrowings: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Securities sold under agreements to repurchase $ 2,367 $ 2,435 Collateral in excess of derivative exposures 380 318 Master notes 683 808 Securities sold short 1,717 1,731 Total short-term borrowings $ 5,147 $ 5,292 The following table presents a summary of long-term debt: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Truist Financial Corporation: Fixed rate senior notes (1) $ 12,038 $ 13,271 Floating rate senior notes (1) 999 1,348 Fixed rate subordinated notes (2) 927 1,254 Capital notes (2) 621 620 Structured notes (3) 11 11 Truist Bank: Fixed rate senior notes (1) 9,442 9,545 Floating rate senior notes (1) 2,398 2,399 Fixed rate subordinated notes (2) 4,908 5,043 FHLB advances 860 863 Other long-term debt (4) 1,275 1,263 Nonbank subsidiaries: Other long-term debt (5) 294 296 Total long-term debt $ 33,773 $ 35,913 (1) Prior period was revised to reclassify certain floating rate senior notes that were reported as fixed rate senior notes at December 31, 2021. (2) Subordinated and capital notes with a remaining maturity of one year or greater qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations. (3) Consist of notes with various terms that include fixed or floating rate interest or returns that are linked to an equity index. (4) Includes debt associated with finance leases, tax credit investments, and other. (5) Includes debt associated with structured real estate leases.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Common Stock The following table presents total dividends declared per share of common stock: Three Months Ended March 31, 2022 2021 Cash dividends declared per share $ 0.48 $ 0.45 Share Repurchase Activity The Board of Directors has authorized the repurchase of up to $4.2 billion of the Company’s common stock through September 30, 2022. At March 31, 2022, Truist had remaining authorization to repurchase $2.6 billion of common stock under the Board approved repurchase plan. The amount of share repurchases is dependent on capital deployment through organic growth and acquisitions, giving consideration to economic and regulatory conditions.

AOCI

AOCI	3 Months Ended
	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
AOCI	AOCI AOCI includes the after-tax change in unrecognized net costs related to defined benefit pension and OPEB plans as well as unrealized gains and losses on cash flow hedges, AFS securities, and HTM securities transferred from AFS securities. Three Months Ended March 31, 2022 and 2021 Pension and OPEB Costs Cash Flow Hedges AFS Securities HTM Securities Other, net Total AOCI balance, January 1, 2021 $ (875) $ (64) $ 1,654 $ — $ 1 $ 716 OCI before reclassifications, net of tax 28 — (2,408) — 1 (2,379) Amounts reclassified from AOCI: Before tax 9 47 136 — — 192 Tax effect 2 11 32 — — 45 Amounts reclassified, net of tax 7 36 104 — — 147 Total OCI, net of tax 35 36 (2,304) — 1 (2,232) AOCI balance, March 31, 2021 $ (840) $ (28) $ (650) $ — $ 2 $ (1,516) AOCI balance, January 1, 2022 $ (86) $ (9) $ (1,510) $ — $ 1 $ (1,604) OCI before reclassifications, net of tax 2 — (5,036) — 1 (5,033) AFS Securities transferred to HTM, net of tax — — 2,872 (2,872) — — Amounts reclassified from AOCI: Before tax 8 6 61 57 — 132 Tax effect 2 1 14 13 — 30 Amounts reclassified, net of tax 6 5 47 44 — 102 Total OCI, net of tax 8 5 (4,989) 44 1 (4,931) AOCI balance, March 31, 2022 $ (78) $ (4) $ (3,627) $ (2,828) $ 2 $ (6,535) Primary income statement location of amounts reclassified from AOCI Other expense Net interest income and Other expense Securities gains (losses) and Net interest income Net interest income Net interest income

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesFor the three months ended March 31, 2022 and 2021, the provision for income taxes was $330 million and $351 million, respectively, representing effective tax rates of 18.9% and 19.2%, respectively. The lower effective tax rate for the three months ended March 31, 2022 was primarily due to discrete tax expenses resulting from the divestiture of certain businesses in the prior year. The Company calculated the provision for income taxes by applying the estimated annual effective tax rate to year-to-date pre-tax income and adjusting for discrete items that occurred during the period.

Benefit Plans

Benefit Plans	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Benefit Plans	The components of net periodic (benefit) cost for defined benefit pension plans are summarized in the following table: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Service cost Personnel expense $ 139 $ 158 Interest cost Other expense 88 79 Estimated return on plan assets Other expense (269) (249) Amortization and other Other expense 8 8 Net periodic (benefit) cost $ (34) $ (4) Truist makes contributions to the qualified pension plans up to the maximum deductible for federal income tax purposes. Discretionary contributions totaling $351 million were made to the Truist pension plan during the three months ended March 31, 2022. There are no required contributions for 2022.

Commitment and Contingencies

Commitment and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Commitments and Contingencies Truist utilizes a variety of financial instruments to mitigate exposure to risks and meet the financing needs and provide investment opportunities for clients. These financial instruments include commitments to extend credit, letters of credit and financial guarantees, derivatives, and other investments. Truist also has commitments to fund certain affordable housing investments and contingent liabilities related to certain sold loans. Tax Credit and Certain Equity Investments The following table summarizes certain tax credit and certain equity investments: (Dollars in millions) Balance Sheet Location Mar 31, 2022 Dec 31, 2021 Investments in affordable housing projects: Carrying amount Other assets $ 4,133 $ 4,107 Amount of future funding commitments included in carrying amount Other liabilities 1,346 1,285 Lending exposure Loans and leases for funded amounts 942 763 Renewable energy investments: Carrying amount Other assets 199 257 Amount of future funding commitments not included in carrying amount NA 70 71 Private equity and certain other equity method investments: Carrying amount Other assets 1,925 1,822 Amount of future funding commitments not included in carrying amount NA 435 411 The following table presents a summary of tax credits and amortization associated with the Company’s tax credit investment activity: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Tax credits: Investments in affordable housing projects Provision for income taxes $ 127 $ 120 Other community development investments Provision for income taxes 23 23 Renewable energy investments NA (1) 37 39 Amortization and other changes in carrying amount: Investments in affordable housing projects Provision for income taxes $ 124 $ 119 Other community development investments Other noninterest income 19 19 Renewable energy investments Other noninterest income 4 — (1) Tax credits received for these investments are recorded as a reduction to the carrying value of these investments. Letters of Credit and Financial Guarantees In the normal course of business, Truist utilizes certain financial instruments to meet the financing needs of clients and to mitigate exposure to risks. Such financial instruments include commitments to extend credit and certain contractual agreements, including standby letters of credit and financial guarantee arrangements. The following is a summary of selected notional amounts of off-balance sheet financial instruments: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Commitments to extend, originate, or purchase credit $ 202,695 $ 198,658 Residential mortgage loans sold with recourse 221 244 CRE mortgages serviced for others covered by recourse provisions 9,938 10,243 Other loans serviced for others covered by recourse provisions 594 588 Letters of credit 5,818 5,568 Total Return Swaps The Company facilitates matched book TRS transactions on behalf of clients, whereby a VIE purchases reference assets identified by a client and the Company enters into a TRS with the VIE, with a mirror-image TRS facing the client. The Company provides senior financing to the VIE in the form of demand notes to fund the purchase of the reference assets. Reference assets are typically fixed income instruments primarily composed of syndicated bank loans. The TRS contracts pass through interest and other cash flows on the reference assets to the third party clients, along with exposing those clients to decreases in value on the assets and providing them with the rights to appreciation on the assets. The terms of the TRS contracts require the third parties to post initial margin collateral, as well as ongoing margin as the fair values of the underlying reference assets change. The following table provides a summary of the TRS transactions with VIE purchases. VIE assets include trading loans and bonds: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Total return swaps: VIE assets $ 1,627 $ 1,519 Trading loans and bonds 1,602 1,491 VIE liabilities 104 50 The Company concluded that the associated VIEs should be consolidated because the Company has (i) the power to direct the activities that most significantly impact the economic performance of the VIE and (ii) the obligation to absorb losses and the right to receive benefits, that could potentially be significant. The activities of the VIEs are restricted to buying and selling the reference assets and the risks/benefits of any such assets owned by the VIEs are passed to the third party clients via the TRS contracts. For additional information on TRS contracts and the related VIEs, see “Note 16. Derivative Financial Instruments.” Pledged Assets Certain assets were pledged to secure municipal deposits, securities sold under agreements to repurchase, certain derivative agreements, and borrowings or borrowing capacity, as well as to fund certain obligations related to nonqualified defined benefit and defined contribution retirement plans and for other purposes as required or permitted by law. Assets pledged to the FHLB and FRB are subject to applicable asset discounts when determining borrowing capacity. The Company obtains secured financing and letters of credit from the FRB and FHLB. The Company’s letters of credit from the FHLB can be used to secure various client deposits, including public fund relationships. Excluding assets related to nonqualified benefit plans, the majority of the agreements governing the pledged assets do not permit the other party to sell or repledge the collateral. The following table provides the total carrying amount of pledged assets by asset type: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Pledged securities $ 28,614 $ 29,678 Pledged loans: FRB 70,815 73,349 FHLB 60,151 64,698 Unused borrowing capacity: FRB 51,876 52,170 FHLB 45,961 49,244 Litigation and Regulatory Matters Truist and/or its subsidiaries are routinely named as defendants in or parties to numerous actual or threatened legal proceedings, including civil litigation and regulatory investigations or enforcement matters, arising from the ordinary conduct of its regular business activities. The matters range from individual actions involving a single plaintiff to class action lawsuits with many class members and can involve claims for substantial or indeterminate alleged damages or for injunctive or other relief. Investigations may involve both formal and informal proceedings, by both governmental agencies and self-regulatory organizations, and could result in fines, penalties, restitution, and/or alterations in Truist’s business practices. These legal proceedings are at varying stages of adjudication, arbitration, or investigation and may consist of a variety of claims, including common law tort and contract claims, as well as statutory antitrust, securities, and consumer protection claims. The ultimate resolution of any proceeding and the timing of such resolution is uncertain and inherently difficult to predict. It is possible that the ultimate resolution of these matters, if unfavorable, may be material to the consolidated financial position, consolidated results of operations, or consolidated cash flows of Truist, or cause significant reputational consequences. Truist establishes accruals for legal matters when potential losses associated with the actions become probable and the amount of loss can be reasonably estimated. There is no assurance that the ultimate resolution of these matters will not significantly exceed the amounts that Truist has accrued. Accruals for legal matters are based on management’s best judgment after consultation with counsel and others. The Company estimates reasonably possible losses, in excess of amounts accrued, of up to approximately $200 million as of March 31, 2022. This estimate does not represent Truist’s maximum loss exposure, and actual losses may vary significantly. In addition, the matters underlying this estimate will change from time to time. Estimated losses are based upon currently available information and involve considerable judgment, given that claims often include significant legal uncertainties, damages alleged by plaintiffs are often unspecified or overstated, discovery may not have started or may not be complete, and material facts may be disputed or unsubstantiated, among other factors. For certain matters, Truist may be unable to estimate the loss or range of loss, even if it believes that a loss is probable or reasonably possible, until developments in the case provide additional information sufficient to support such an estimate. Such matters are not accrued for and are not reflected in the estimate of reasonably possible losses. The following is a description of a certain legal proceeding in which Truist is involved: Bickerstaff v. SunTrust Bank This class action case was filed in the Fulton County State Court on July 12, 2010, and an amended complaint was filed on August 9, 2010. Plaintiff asserts that all overdraft fees charged to his account which related to debit card and ATM transactions are actually interest charges and therefore subject to the usury laws of Georgia. Plaintiff has brought claims for violations of civil and criminal usury laws, conversion, and money had and received, and seeks damages on a class-wide basis, including refunds of challenged overdraft fees and pre-judgment interest. On October 6, 2017, the trial court granted plaintiff’s motion for class certification and defined the class as “Every Georgia citizen who had or has one or more accounts with SunTrust Bank and who, from July 12, 2006, to October 6, 2017 (i) had at least one overdraft of $500.00 or less resulting from an ATM or debit card transaction (the “Transaction”); (ii) paid any Overdraft Fees as a result of the Transaction; and (iii) did not receive a refund of those Fees,” and the granting of a certified class was affirmed on appeal. On April 8, 2020, the Company filed a motion seeking to narrow the scope of this class, and on May 29, 2020, it filed a renewed motion to compel arbitration of the claims of some of the class members. On February 9, 2021, the trial court denied both motions as premature but held that the issues could be raised again after the conclusion of discovery, which is currently underway. The Company believes that the claims are without merit.

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Recurring Fair Value Measurements Accounting standards define fair value as the price that would be received on the measurement date to sell an asset or the price paid to transfer a liability in the principal or most advantageous market available to the entity in an orderly transaction between market participants, with a three level measurement hierarchy: • Level 1: Quoted prices for identical instruments in active markets • Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets • Level 3: Valuations derived from valuation techniques in which one or more significant inputs are unobservable The following tables present fair value information for assets and liabilities measured at fair value on a recurring basis: March 31, 2022 Total Level 1 Level 2 Level 3 Netting Adjustments (1) Assets: Trading assets: U.S. Treasury $ 965 $ — $ 965 $ — $ — GSE 391 — 391 — — Agency MBS - residential 1,164 — 1,164 — — Agency MBS - commercial 52 — 52 — — States and political subdivisions 69 — 69 — — Corporate and other debt securities 1,023 — 1,023 — — Loans 1,933 — 1,933 — — Other 323 273 50 — — Total trading assets 5,920 273 5,647 — — AFS securities: U.S. Treasury 9,412 — 9,412 — — GSE 245 — 245 — — Agency MBS - residential 68,238 — 68,238 — — Agency MBS - commercial 2,659 — 2,659 — — States and political subdivisions 370 — 370 — — Non-agency MBS 3,803 — 3,803 — — Other 26 — 26 — — Total AFS securities 84,753 — 84,753 — — LHFS at fair value 3,364 — 3,364 — — Loans and leases 21 — — 21 — Loan servicing rights at fair value 3,013 — — 3,013 — Other assets: Derivative assets 2,113 739 2,989 7 (1,622) Equity securities 1,024 812 212 — — Total assets $ 100,208 $ 1,824 $ 96,965 $ 3,041 $ (1,622) Liabilities: Derivative liabilities $ 1,482 $ 360 $ 4,128 $ 81 $ (3,087) Securities sold short 1,717 13 1,704 — — Total liabilities $ 3,199 $ 373 $ 5,832 $ 81 $ (3,087) December 31, 2021 Total Level 1 Level 2 Level 3 Netting Adjustments (1) Assets: Trading assets: U.S. Treasury $ 125 $ — $ 125 $ — $ — GSE 306 — 306 — — Agency MBS - residential 1,016 — 1,016 — — Agency MBS - commercial 13 — 13 — — States and political subdivisions 91 — 91 — — Corporate and other debt securities 738 — 738 — — Loans 1,791 — 1,791 — — Other 343 285 58 — — Total trading assets 4,423 285 4,138 — — AFS securities: U.S. Treasury 9,795 — 9,795 — — GSE 1,698 — 1,698 — — Agency MBS - residential 134,042 — 134,042 — — Agency MBS - commercial 2,882 — 2,882 — — States and political subdivisions 420 — 420 — — Non-agency MBS 4,258 — 4,258 — — Other 28 — 28 — — Total AFS securities 153,123 — 153,123 — — LHFS at fair value 3,544 — 3,544 — — Loans and leases 23 — — 23 — Loan servicing rights at fair value 2,633 — — 2,633 — Other assets: Derivative assets 2,370 887 3,110 30 (1,657) Equity securities 1,066 967 99 — — Total assets $ 167,182 $ 2,139 $ 164,014 $ 2,686 $ (1,657) Liabilities: Derivative liabilities $ 586 $ 438 $ 3,056 $ 42 $ (2,950) Securities sold short 1,731 8 1,723 — — Total liabilities $ 2,317 $ 446 $ 4,779 $ 42 $ (2,950) (1) Refer to “Note 16. Derivative Financial Instruments” for additional discussion on netting adjustments. At March 31, 2022 and December 31, 2021, investments totaling $495 million and $440 million, respectively, have been excluded from the table above as they are valued based on net asset value as a practical expedient. These investments primarily consist of certain SBIC funds. For additional information on the valuation techniques and significant inputs for Level 2 and Level 3 assets and liabilities that are measured at fair value on a recurring basis, see “Note 18. Fair Value Disclosures” of the Annual Report on Form 10-K for the year ended December 31, 2021. Activity for Level 3 assets and liabilities is summarized below: Three Months Ended March 31, 2022 and 2021 Loans and Leases Loan Servicing Rights Net Derivatives Balance at January 1, 2021 $ — $ 2,023 $ 172 Total realized and unrealized gains (losses): Included in earnings — 374 (164) Issuances — 192 96 Settlements — (224) (114) Balance at March 31, 2021 $ — $ 2,365 $ (10) Balance at January 1, 2022 $ 23 $ 2,633 $ (12) Total realized and unrealized gains (losses): Included in earnings — 357 (170) Issuances — 158 17 Settlements — (135) 91 Other (2) — — Balance at March 31, 2022 $ 21 $ 3,013 $ (74) Change in unrealized gains (losses) included in earnings for the period, attributable to assets and liabilities still held at March 31, 2022 $ — $ 357 $ (45) Primary income statement location of realized gains (losses) included in earnings Other income Residential mortgage income and Commercial mortgage income Residential mortgage income and Commercial mortgage income Fair Value Option The following table details the fair value and UPB of certain loans that were elected to be measured at fair value: March 31, 2022 December 31, 2021 (Dollars in millions) Fair Value UPB Difference Fair Value UPB Difference Trading loans $ 1,933 $ 1,944 $ (11) $ 1,791 $ 1,784 $ 7 Loans and leases 21 23 (2) 23 35 (12) LHFS at fair value 3,364 3,405 (41) 3,544 3,450 94 Nonrecurring Fair Value Measurements The following table provides information about certain assets measured at fair value on a nonrecurring basis still held as of period end. The carrying values represent end of period values, which approximate the fair value measurements that occurred on the various measurement dates throughout the period. These assets are considered to be Level 3 assets. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Carrying value: LHFS $ 141 $ 101 Loans and leases 429 443 Other 52 100 The following table provides information about valuation adjustments for certain assets measured at fair value on a nonrecurring basis. The valuation adjustments represent the amounts recorded during the period regardless of whether the asset is still held at period end. Three Months Ended March 31, (Dollars in millions) 2022 2021 Valuation adjustments: LHFS $ (3) $ (16) Loans and leases (97) (154) Other (139) (95) LHFS with valuation adjustments in the table above consisted primarily of residential mortgages and commercial loans that were valued using market prices and measured at LOCOM. The table above excludes $662 million and $1.2 billion of LHFS carried at cost at March 31, 2022 and December 31, 2021, respectively, that did not require a valuation adjustment during the period. The remainder of LHFS is carried at fair value. LHFS that were classified as nonperforming and LHFS that were 90 days or more past due and still accruing interest were not material at March 31, 2022 and December 31, 2021. Loans and leases consists of larger commercial loans and leases that are collateral-dependent and other secured loans and leases that have been charged-off to the fair value of the collateral. Valuation adjustments for loans and leases are primarily recorded in the Provision for credit losses in the Consolidated statement of income. Refer to “Note 1. Basis of Presentation” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2021 for additional discussion of individually evaluated loans and leases. Other includes foreclosed real estate, other foreclosed property, ROU assets, premises and equipment, and OREO, and consists primarily of residential homes, commercial properties, vacant lots, and automobiles. ROU assets are measured based on the fair value of the assets, which considers the potential for sublease income. The remaining assets are measured at LOCOM, less costs to sell. Financial Instruments Not Recorded at Fair Value For financial instruments not recorded at fair value, estimates of fair value are based on relevant market data and information about the instruments. Values obtained relate to trading without regard to any premium or discount that may result from concentrations of ownership, possible tax ramifications, estimated transaction costs that may result from bulk sales or the relationship between various instruments. An active market does not exist for certain financial instruments. Fair value estimates for these instruments are based on current economic conditions and interest rate risk characteristics, loss experience and other factors. Many of these estimates involve uncertainties and matters of significant judgment and cannot be determined with precision. Therefore, the fair value estimates in many instances cannot be substantiated by comparison to independent markets. In addition, changes in assumptions could significantly affect these fair value estimates. Financial assets and liabilities not recorded at fair value are summarized below: March 31, 2022 December 31, 2021 (Dollars in millions) Fair Value Hierarchy Carrying Amount Fair Value Carrying Amount Fair Value Financial assets: HTM securities Level 2 $ 61,662 $ 59,124 $ 1,494 $ 1,495 Loans and leases HFI, net of ALLL Level 3 285,890 282,709 285,055 284,914 Financial liabilities: Time deposits Level 2 14,476 14,582 15,886 16,017 Long-term debt Level 2 33,773 33,275 35,913 36,251 The carrying value of the RUFC, which approximates the fair value of unfunded commitments, was $253 million and $260 million at March 31, 2022 and December 31, 2021, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Impact of Derivatives on the Consolidated Balance Sheets The following table presents the gross notional amounts and estimated fair value of derivative instruments employed by the Company. Truist held no cash flow hedges as of March 31, 2022 and December 31, 2021. March 31, 2022 December 31, 2021 Notional Amount Fair Value Notional Amount Fair Value (Dollars in millions) Assets Liabilities Assets Liabilities Fair value hedges: Interest rate contracts: Swaps hedging long-term debt $ 7,043 $ — $ (34) $ 12,690 $ — $ (6) Swaps hedging AFS securities 7,098 — — 12,711 — (2) Total 14,141 — (34) 25,401 — (8) Not designated as hedges: Client-related and other risk management: Interest rate contracts: Swaps 153,378 733 (1,320) 150,223 1,716 (733) Options 30,904 113 (95) 23,659 43 (30) Forward commitments 4,118 29 (14) 2,404 2 (5) Other 2,572 — (1) 2,927 — — Equity contracts 39,530 1,275 (1,630) 34,232 1,582 (2,089) Credit contracts: Loans and leases 630 — (1) 570 — (2) Risk participation agreements 7,330 — (3) 8,145 — (4) Total return swaps 1,515 8 (5) 1,445 3 (19) Foreign exchange contracts 18,663 207 (204) 16,102 160 (156) Commodity 6,338 1,152 (1,144) 4,641 475 (468) Total 264,978 3,517 (4,417) 244,348 3,981 (3,506) Mortgage banking: Interest rate contracts: Swaps 1,016 3 — 441 — — Interest rate lock commitments 3,911 7 (51) 4,163 30 (7) When issued securities, forward rate agreements and forward commitments 7,129 147 (1) 6,913 7 (15) Other 357 2 — 424 1 — Total 12,413 159 (52) 11,941 38 (22) MSRs: Interest rate contracts: Swaps 19,634 1 — 12,837 — — Options 5,237 39 — 101 1 — When issued securities, forward rate agreements and forward commitments 2,856 19 (66) 3,927 7 — Other 1,273 — — 2,017 — — Total 29,000 59 (66) 18,882 8 — Total derivatives not designated as hedges 306,391 3,735 (4,535) 275,171 4,027 (3,528) Total derivatives $ 320,532 3,735 (4,569) $ 300,572 4,027 (3,536) Gross amounts in the Consolidated Balance Sheets: Amounts subject to master netting arrangements (1,290) 1,290 (1,312) 1,312 Cash collateral (received) posted for amounts subject to master netting arrangements (332) 1,797 (345) 1,638 Net amount $ 2,113 $ (1,482) $ 2,370 $ (586) The following table presents the offsetting of derivative instruments including financial instrument collateral related to legally enforceable master netting agreements and amounts held or pledged as collateral. U.S. GAAP does not permit netting of non-cash collateral balances in the Consolidated Balance Sheets: March 31, 2022 Gross Amount Amount Offset Net Amount in Consolidated Balance Sheets Held/Pledged Financial Instruments Net Amount Derivative assets: Derivatives subject to master netting arrangement or similar arrangement $ 2,787 $ (1,270) $ 1,517 $ — $ 1,517 Derivatives not subject to master netting arrangement or similar arrangement 209 — 209 — 209 Exchange traded derivatives 739 (352) 387 — 387 Total derivative assets $ 3,735 $ (1,622) $ 2,113 $ — $ 2,113 Derivative liabilities: Derivatives subject to master netting arrangement or similar arrangement $ (3,819) $ 2,735 $ (1,084) $ 64 $ (1,020) Derivatives not subject to master netting arrangement or similar arrangement (390) — (390) — (390) Exchange traded derivatives (360) 352 (8) — (8) Total derivative liabilities $ (4,569) $ 3,087 $ (1,482) $ 64 $ (1,418) December 31, 2021 Gross Amount Amount Offset Net Amount in Consolidated Balance Sheets Held/Pledged Financial Instruments Net Amount Derivative assets: Derivatives subject to master netting arrangement or similar arrangement $ 2,752 $ (1,221) $ 1,531 $ (1) $ 1,530 Derivatives not subject to master netting arrangement or similar arrangement 388 — 388 — 388 Exchange traded derivatives 887 (436) 451 — 451 Total derivative assets $ 4,027 $ (1,657) $ 2,370 $ (1) $ 2,369 Derivative liabilities: Derivatives subject to master netting arrangement or similar arrangement $ (2,873) $ 2,514 $ (359) $ 66 $ (293) Derivatives not subject to master netting arrangement or similar arrangement (225) — (225) — (225) Exchange traded derivatives (438) 436 (2) — (2) Total derivative liabilities $ (3,536) $ 2,950 $ (586) $ 66 $ (520) The following table presents the carrying value of hedged items in fair value hedging relationships: March 31, 2022 December 31, 2021 Hedge Basis Adjustment Hedge Basis Adjustment (Dollars in millions) Hedged Asset / Liability Basis Items Currently Designated Discontinued Hedges Hedged Asset / Liability Basis Items Currently Designated Discontinued Hedges AFS securities (1) $ 48,429 $ (441) $ (5) $ 108,758 $ (400) $ (150) Loans and leases 377 — 12 382 — 12 Long-term debt 24,562 (355) 361 27,361 (137) 629 (1) The amortized cost of AFS securities was $51.3 billion at March 31, 2022 and $110.6 billion at December 31, 2021. Impact of Derivatives on the Consolidated Statements of Income and Comprehensive Income Derivatives Designated as Hedging Instruments under GAAP No portion of the change in fair value of derivatives designated as hedges has been excluded from effectiveness testing. The following table summarizes amounts related to cash flow hedges, which consist of interest rate contracts. Three Months Ended March 31, (Dollars in millions) 2022 2021 Pre-tax gain (loss) reclassified from AOCI into interest expense: Deposits $ — $ (1) Short-term borrowings — (5) Long-term debt (6) (5) Total $ (6) $ (11) Pre-tax gain (loss) reclassified from AOCI into other expense: (1) Deposits $ — $ (12) Short-term borrowings — (20) Long-term debt — (4) Total $ — $ (36) (1) Represents the accelerated amortization of amounts reclassified from AOCI, where management determined that the forecasted transaction is probable of not occurring. The following table summarizes the impact on net interest income related to fair value hedges: Three Months Ended March 31, (Dollars in millions) 2022 2021 AFS securities: Amounts related to interest settlements $ (5) $ (11) Recognized on derivatives 414 524 Recognized on hedged items (402) (526) Net income (expense) recognized 7 (13) Loans and leases: Amounts related to interest settlements — — Recognized on derivatives — — Recognized on hedged items (1) (1) Net income (expense) recognized (1) (1) Long-term debt: Amounts related to interest settlements 16 — Recognized on derivatives (429) — Recognized on hedged items 486 79 Net income (expense) recognized 73 79 Net income (expense) recognized, total $ 79 $ 65 The following table presents information about the Company’s terminated cash flow and fair value hedges: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Cash flow hedges: Net unrecognized after-tax gain (loss) on terminated hedges recorded in AOCI (to be recognized in earnings through 2022) $ (4) $ (9) Estimated portion of net after-tax gain (loss) on terminated hedges to be reclassified from AOCI into earnings during the next 12 months (4) (9) Fair value hedges: Unrecognized pre-tax net gain (loss) on terminated hedges (to be recognized as interest primarily through 2030) (1) $ 856 $ 767 Portion of pre-tax net gain (loss) on terminated hedges to be recognized as a change in interest during the next 12 months 216 231 (1) Includes deferred gains that are recorded in AOCI as a result of the reclassification to HTM of previously hedged securities of $502 million at March 31, 2022. Derivatives Not Designated as Hedging Instruments under GAAP The Company also enters into derivatives that are not designated as accounting hedges under GAAP to economically hedge certain risks as well as in a trading capacity with its clients. The following table presents pre-tax gain (loss) recognized in income for derivative instruments not designated as hedges: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Client-related and other risk management: Interest rate contracts Investment banking and trading income and other income $ 56 $ 102 Foreign exchange contracts Investment banking and trading income and other income 32 26 Equity contracts Investment banking and trading income and other income 5 (8) Credit contracts Investment banking and trading income and other income 8 (34) Commodity contracts Investment banking and trading income 5 2 Mortgage banking: Interest rate contracts Residential mortgage income 261 91 Interest rate contracts Commercial mortgage income (1) (1) MSRs: Interest rate contracts Residential mortgage income (349) (333) Interest rate contracts Commercial mortgage income (9) (12) Total $ 8 $ (167) Credit Derivative Instruments As part of the Company’s corporate investment banking business, the Company enters into contracts that are, in form or substance, written guarantees; specifically, risk participations, TRS, and credit default swaps. The Company accounts for these contracts as derivatives. Truist has entered into risk participation agreements to share the credit exposure with other financial institutions on client-related interest rate derivative contracts. Under these agreements, the Company has guaranteed payment to a dealer counterparty in the event the counterparty experiences a loss on the derivative due to a failure to pay by the counterparty’s client. The Company manages its payment risk on its risk participations by monitoring the creditworthiness of the underlying client through the normal credit review process that the Company would have performed had it entered into a derivative directly with the obligors. At March 31, 2022, the remaining terms on these risk participations ranged from less than one year to 16 years. The potential future exposure represents the Company’s maximum estimated exposure to written risk participations, as measured by projecting a maximum value of the guaranteed derivative instruments based on scenario simulations and assuming 100% default by all obligors on the maximum value. The Company has also entered into TRS contracts on loans and bonds. To mitigate its credit risk, the Company typically receives initial margin from the counterparty upon entering into the TRS and variation margin if the fair value of the underlying reference assets deteriorates. For additional information on the Company’s TRS contracts, see “Note 14. Commitments and Contingencies.” The Company enters into credit default swaps to hedge credit risk associated with certain loans and leases. The Company accounts for these contracts as derivatives, and accordingly, recognizes these contracts at fair value. The following table presents additional information related to interest rate derivative risk participation agreements and total return swaps: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Risk participation agreements: Maximum potential amount of exposure $ 327 $ 521 Total return swaps: Cash collateral held 323 290 The following table summarizes collateral positions with counterparties: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Dealer and other counterparties: Cash and other collateral received from counterparties $ 332 $ 346 Derivatives in a net gain position secured by collateral received 450 506 Unsecured positions in a net gain with counterparties after collateral postings 79 143 Cash collateral posted to counterparties 1,861 1,704 Derivatives in a net loss position secured by collateral 2,196 2,591 Additional collateral that would have been posted had the Company’s credit ratings dropped below investment grade 2 3 Central counterparties clearing: Cash collateral, including initial margin, posted to central clearing parties — 31 Derivatives in a net loss position 7 18 Derivatives in a net gain position 86 — Securities pledged to central counterparties clearing 797 904

Computation of EPS

Computation of EPS	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Computation of EPS	Computation of EPS Basic and diluted EPS calculations are presented in the following table: Three Months Ended March 31, (Dollars in millions, except per share data, shares in thousands) 2022 2021 Net income available to common shareholders $ 1,327 $ 1,334 Weighted average number of common shares 1,329,037 1,345,666 Effect of dilutive outstanding equity-based awards 12,526 13,266 Weighted average number of diluted common shares 1,341,563 1,358,932 Basic EPS $ 1.00 $ 0.99 Diluted EPS $ 0.99 $ 0.98 Anti-dilutive awards — 376

Operating Segments

Operating Segments	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Operating Segments	Operating SegmentsTruist operates and measures business activity across three segments: CB&W, C&CB, and IH, with functional activities included in OT&C. The Company’s business segment structure is based on the manner in which financial information is evaluated by management as well as the products and services provided or the type of client served. For additional information, see “Note 21. Operating Segments” of the Annual Report on Form 10-K for the year ended December 31, 2021. The following table presents results by segment: Three Months Ended March 31, CB&W C&CB IH OT&C (1) Total 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Net interest income (expense) $ 1,529 $ 1,753 $ 1,093 $ 1,208 $ 24 $ 24 $ 537 $ 300 $ 3,183 $ 3,285 Net intersegment interest income (expense) 649 231 156 72 — — (805) (303) — — Segment net interest income 2,178 1,984 1,249 1,280 24 24 (268) (3) 3,183 3,285 Allocated provision for credit losses 74 100 (150) (35) — 1 (19) (18) (95) 48 Segment net interest income after provision 2,104 1,884 1,399 1,315 24 23 (249) 15 3,278 3,237 Noninterest income 950 920 619 692 737 633 (164) (48) 2,142 2,197 Amortization of intangibles 73 79 33 38 31 27 — — 137 144 Other noninterest expense 1,846 1,836 724 737 529 453 438 440 3,537 3,466 Income (loss) before income taxes 1,135 889 1,261 1,232 201 176 (851) (473) 1,746 1,824 Provision (benefit) for income taxes 271 208 276 266 49 43 (266) (166) 330 351 Segment net income (loss) $ 864 $ 681 $ 985 $ 966 $ 152 $ 133 $ (585) $ (307) $ 1,416 $ 1,473 Identifiable assets (period end) $ 160,220 $ 159,541 $ 184,834 $ 183,241 $ 10,292 $ 8,062 $ 188,633 $ 166,693 $ 543,979 $ 517,537 (1) Includes financial data from business units below the quantitative and qualitative thresholds requiring disclosure.

Basis of Presentation (Policy)

Basis of Presentation (Policy)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reclassifications	Reclassifications Certain amounts reported in prior periods’ consolidated financial statements have been reclassified to conform to the current presentation.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the ACL; determination of fair value for securities, MSRs, LHFS, trading loans, and derivative assets and liabilities; goodwill and other intangible assets; income taxes; and pension and postretirement benefit obligations.
Changes in Accounting Principles and Effects of New Accounting Pronouncements	Changes in Accounting Principles and Effects of New Accounting Pronouncements Standard / Adoption Date Description Effects on the Financial Statements Standards Not Yet Adopted Troubled Debt Restructurings and Vintage Disclosures January 1, 2023 Eliminates the accounting guidance for TDRs, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors made to borrowers experiencing financial difficulty. Additionally, requires disclosure of current-period gross write-offs by year of origination for financing receivables and net investment in leases. Truist is evaluating this standard. Upon adoption, Truist expects the newly required disclosures to be included in the Loans and ACL footnote. Fair Value Hedging – Portfolio Layer Method January 1, 2023 Introduces the portfolio layer method, which expands the current single-layer method to allow multiple hedged layers of a single closed portfolio under the method (previously named, last-of-layer method). Additionally, expands the scope of the portfolio layer method to include non-prepayable assets, specifies eligible hedging instruments in a single-layer hedge, provides additional guidance on the accounting for and disclosure of hedge basis adjustments under the portfolio layer method, and specifies how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. Truist is evaluating the use of the portfolio layer method in its hedging programs.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Changes in Accounting Principles and Effects of New Accounting Pronouncements	Changes in Accounting Principles and Effects of New Accounting Pronouncements Standard / Adoption Date Description Effects on the Financial Statements Standards Not Yet Adopted Troubled Debt Restructurings and Vintage Disclosures January 1, 2023 Eliminates the accounting guidance for TDRs, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors made to borrowers experiencing financial difficulty. Additionally, requires disclosure of current-period gross write-offs by year of origination for financing receivables and net investment in leases. Truist is evaluating this standard. Upon adoption, Truist expects the newly required disclosures to be included in the Loans and ACL footnote. Fair Value Hedging – Portfolio Layer Method January 1, 2023 Introduces the portfolio layer method, which expands the current single-layer method to allow multiple hedged layers of a single closed portfolio under the method (previously named, last-of-layer method). Additionally, expands the scope of the portfolio layer method to include non-prepayable assets, specifies eligible hedging instruments in a single-layer hedge, provides additional guidance on the accounting for and disclosure of hedge basis adjustments under the portfolio layer method, and specifies how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. Truist is evaluating the use of the portfolio layer method in its hedging programs.

Securities Financing Activiti_2

Securities Financing Activities (Tables)	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Schedule of Resale Agreements	The following table presents securities borrowed or purchased under agreements to resell: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Securities purchased under agreements to resell $ 1,678 $ 3,460 Securities borrowed 644 568 Total securities borrowed or purchased under agreements to resell $ 2,322 $ 4,028 Fair value of collateral held available to be resold or repledged $ 2,316 $ 4,005 Fair value of securities repledged 342 1,141
Schedule of Repurchase Agreements	The following table presents the Company’s related activity, by collateral type and remaining contractual maturity: March 31, 2022 December 31, 2021 (Dollars in millions) Overnight and Continuous Up to 30 days Total Overnight and Continuous Up to 30 days Total U.S. Treasury $ 439 $ 41 $ 480 $ 749 $ 409 $ 1,158 GSE 81 31 112 53 25 78 Agency MBS - residential 973 338 1,311 720 141 861 Corporate and other debt securities 150 314 464 213 125 338 Total securities sold under agreements to repurchase $ 1,643 $ 724 $ 2,367 $ 1,735 $ 700 $ 2,435

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Summary of AFS Securities	The following tables summarize the Company’s AFS and HTM securities: March 31, 2022 Amortized Cost Gross Unrealized Fair Value Gains Losses AFS securities: U.S. Treasury $ 9,891 $ — $ 479 $ 9,412 GSE 257 — 12 245 Agency MBS - residential 71,956 37 3,755 68,238 Agency MBS - commercial 2,831 2 174 2,659 States and political subdivisions 366 19 15 370 Non-agency MBS 4,149 — 346 3,803 Other 26 — — 26 Total AFS securities $ 89,476 $ 58 $ 4,781 $ 84,753 HTM securities: Agency MBS - residential $ 61,662 $ — $ 2,538 $ 59,124 December 31, 2021 Amortized Cost Gross Unrealized Fair Value Gains Losses AFS securities: U.S. Treasury $ 9,892 $ 9 $ 106 $ 9,795 GSE 1,667 33 2 1,698 Agency MBS - residential 135,886 656 2,500 134,042 Agency MBS - commercial 2,928 18 64 2,882 States and political subdivisions 382 39 1 420 Non-agency MBS 4,305 — 47 4,258 Other 28 — — 28 Total AFS securities $ 155,088 $ 755 $ 2,720 $ 153,123 HTM securities: Agency MBS - residential $ 1,494 $ 1 $ — $ 1,495
Schedule of Amortized Cost and Estimated Fair Value by Contractual Maturity	The amortized cost and estimated fair value of the securities portfolio by contractual maturity are shown in the following table. The expected life of MBS may be shorter than the contractual maturities because borrowers may have the right to prepay their obligations with or without penalties. Amortized Cost Fair Value March 31, 2022 Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years Total Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years Total AFS securities: U.S. Treasury $ 309 $ 8,602 $ 980 $ — $ 9,891 $ 307 $ 8,188 $ 917 $ — $ 9,412 GSE — — — 257 257 — — — 245 245 Agency MBS - residential — 1 633 71,322 71,956 — 1 624 67,613 68,238 Agency MBS - commercial — 8 15 2,808 2,831 — 8 14 2,637 2,659 States and political subdivisions 15 76 124 151 366 15 76 129 150 370 Non-agency MBS — — — 4,149 4,149 — — — 3,803 3,803 Other — 6 — 20 26 — 6 — 20 26 Total AFS securities $ 324 $ 8,693 $ 1,752 $ 78,707 $ 89,476 $ 322 $ 8,279 $ 1,684 $ 74,468 $ 84,753 HTM securities: Agency MBS - residential $ — $ — $ — $ 61,662 $ 61,662 $ — $ — $ — $ 59,124 $ 59,124
Schedule of Fair Values and Gross Unrealized Losses	The following tables present the fair values and gross unrealized losses of investments based on the length of time that individual securities have been in a continuous unrealized loss position: Less than 12 months 12 months or more Total March 31, 2022 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses AFS securities: U.S. Treasury $ 8,793 $ 431 $ 602 $ 48 $ 9,395 $ 479 GSE 209 12 — — 209 12 Agency MBS - residential 54,565 2,940 9,386 815 63,951 3,755 Agency MBS - commercial 909 40 1,672 134 2,581 174 States and political subdivisions 206 13 21 2 227 15 Non-agency MBS 3,803 346 — — 3,803 346 Other 21 — — — 21 — Total $ 68,506 $ 3,782 $ 11,681 $ 999 $ 80,187 $ 4,781 HTM securities: Agency MBS - residential $ 39,486 $ 1,388 $ 19,638 $ 1,150 $ 59,124 $ 2,538 Less than 12 months 12 months or more Total December 31, 2021 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses AFS securities: U.S. Treasury $ 8,412 $ 88 $ 582 $ 18 $ 8,994 $ 106 GSE 104 2 — — 104 2 Agency MBS - residential 101,262 2,377 2,638 123 103,900 2,500 Agency MBS - commercial 1,749 50 413 14 2,162 64 States and political subdivisions — — 22 1 22 1 Non-agency MBS 4,258 47 — — 4,258 47 Other 6 — — — 6 — Total $ 115,791 $ 2,564 $ 3,655 $ 156 $ 119,446 $ 2,720
Schedule of Realized Gain (Loss)	The following table presents gross securities gains and losses recognized in earnings: (Dollars in millions) Three Months Ended March 31, 2022 2021 Gross realized gains $ 13 $ — Gross realized losses (82) — Securities gains (losses), net $ (69) $ —

Loans and ACL (Tables)

Loans and ACL (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Aging Analysis of Past Due Loans and Leases	The following tables present loans and leases HFI by aging category. Government guaranteed loans are not placed on nonperforming status regardless of delinquency because collection of principal and interest is reasonably assured. The past due status of loans that received a deferral under the CARES Act is generally frozen during the deferral period. In certain limited circumstances, accommodation programs result in the delinquency status being reset to current. Accruing March 31, 2022 Current 30-89 Days Past Due 90 Days Or More Past Due (1) Nonperforming Total Commercial: Commercial and industrial $ 140,428 $ 280 $ 22 $ 330 $ 141,060 CRE 22,734 13 — 27 22,774 Commercial construction 5,219 1 — — 5,220 Consumer: Residential mortgage 46,287 542 1,027 315 48,171 Residential home equity and direct 24,558 142 12 141 24,853 Indirect auto 24,999 529 1 227 25,756 Indirect other 10,972 65 2 4 11,043 Student 5,210 482 822 — 6,514 Credit card 4,615 47 28 — 4,690 Total $ 285,022 $ 2,101 $ 1,914 $ 1,044 $ 290,081 (1) Includes government guaranteed loans of $996 million in the residential mortgage portfolio and $818 million in the student portfolio. Accruing December 31, 2021 Current 30-89 Days Past Due 90 Days Or More Past Due (1) Nonperforming Total Commercial: Commercial and industrial $ 138,225 $ 130 $ 13 $ 394 $ 138,762 CRE 23,902 20 — 29 23,951 Commercial construction 4,962 2 — 7 4,971 Consumer: Residential mortgage 46,033 514 1,009 296 47,852 Residential home equity and direct 24,809 107 9 141 25,066 Indirect auto 25,615 607 1 218 26,441 Indirect other 10,811 64 3 5 10,883 Student 5,357 555 868 — 6,780 Credit card 4,735 45 27 — 4,807 Total $ 284,449 $ 2,044 $ 1,930 $ 1,090 $ 289,513 (1) Includes government guaranteed loans of $978 million in the residential mortgage portfolio and $864 million in the student portfolio.
Schedule of Carrying Amounts by Risk Rating	The following tables present the amortized cost basis of loans by origination year and credit quality indicator: March 31, 2022 Amortized Cost Basis by Origination Year Revolving Credit Loans Converted to Term Other (1) 2022 2021 2020 2019 2018 Prior Total Commercial: Commercial and industrial: Pass $ 10,993 $ 30,955 $ 15,100 $ 11,947 $ 7,874 $ 13,160 $ 46,584 $ — $ (65) $ 136,548 Special mention 104 227 303 212 279 100 530 — — 1,755 Substandard 98 334 361 375 238 256 765 — — 2,427 Nonperforming 4 42 11 62 10 43 158 — — 330 Total 11,199 31,558 15,775 12,596 8,401 13,559 48,037 — (65) 141,060 CRE: Pass 971 4,396 2,744 4,951 3,093 3,405 882 — (50) 20,392 Special mention 9 37 93 140 164 99 — — — 542 Substandard 64 212 207 463 450 417 — — — 1,813 Nonperforming 1 1 1 11 1 12 — — — 27 Total 1,045 4,646 3,045 5,565 3,708 3,933 882 — (50) 22,774 Commercial construction: Pass 417 1,219 1,124 896 346 164 832 — — 4,998 Special mention 4 — 14 66 — — — — — 84 Substandard 1 4 22 33 61 17 — — — 138 Nonperforming — — — — — — — — — — Total 422 1,223 1,160 995 407 181 832 — — 5,220 Consumer: Residential mortgage: Current $ 2,066 $ 17,749 $ 6,519 $ 3,238 $ 1,621 $ 15,094 $ — $ — $ — $ 46,287 30 - 89 days past due 10 66 43 35 35 353 — — — 542 90 days or more past due 1 4 52 93 128 749 — — — 1,027 Nonperforming — 4 7 21 27 256 — — — 315 Total 2,077 17,823 6,621 3,387 1,811 16,452 — — — 48,171 Residential home equity and direct: Current 1,481 4,361 2,268 1,447 560 476 10,534 3,446 (15) 24,558 30 - 89 days past due 1 12 8 9 3 4 67 38 — 142 90 days or more past due — 1 — — — — 6 5 — 12 Nonperforming — 3 3 4 1 7 42 81 — 141 Total 1,482 4,377 2,279 1,460 564 487 10,649 3,570 (15) 24,853 Indirect auto: Current 2,369 9,794 5,938 3,775 1,860 1,263 — — — 24,999 30 - 89 days past due 5 139 116 116 75 78 — — — 529 90 days or more past due — 1 — — — — — — — 1 Nonperforming — 42 51 60 39 35 — — — 227 Total 2,374 9,976 6,105 3,951 1,974 1,376 — — — 25,756 Indirect other: Current 1,433 3,869 2,405 1,424 812 1,029 — — — 10,972 30 - 89 days past due 2 18 16 13 8 8 — — — 65 90 days or more past due — 1 1 — — — — — — 2 Nonperforming — — — 3 — 1 — — — 4 Total 1,435 3,888 2,422 1,440 820 1,038 — — — 11,043 Student: Current — — 20 82 66 5,041 — — 1 5,210 30 - 89 days past due — — — — 1 481 — — — 482 90 days or more past due — — — — 1 821 — — — 822 Total — — 20 82 68 6,343 — — 1 6,514 Credit card: Current 4,591 21 3 4,615 30 - 89 days past due 45 2 — 47 90 days or more past due 27 1 — 28 Total — — — — — — 4,663 24 3 4,690 Total $ 20,034 $ 73,491 $ 37,427 $ 29,476 $ 17,753 $ 43,369 $ 65,063 $ 3,594 $ (126) $ 290,081 December 31, 2021 Amortized Cost Basis by Origination Year Revolving Credit Loans Converted to Term Other (1) 2021 2020 2019 2018 2017 Prior Total Commercial: Commercial and industrial: Pass $ 35,530 $ 17,430 $ 14,105 $ 8,994 $ 5,633 $ 9,424 $ 43,035 $ — $ (169) $ 133,982 Special mention 195 221 326 317 46 70 691 — — 1,866 Substandard 352 356 395 197 91 335 794 — — 2,520 Nonperforming 50 19 49 42 16 34 184 — — 394 Total 36,127 18,026 14,875 9,550 5,786 9,863 44,704 — (169) 138,762 CRE: Pass 4,836 2,946 5,109 3,201 1,774 2,131 762 — (61) 20,698 Special mention 13 118 483 247 44 83 — — — 988 Substandard 321 264 523 528 321 279 — — — 2,236 Nonperforming 1 1 11 — 9 7 — — — 29 Total 5,171 3,329 6,126 3,976 2,148 2,500 762 — (61) 23,951 Commercial construction: Pass 1,113 1,179 1,259 419 44 95 558 — 12 4,679 Special mention — 14 72 50 — — — — — 136 Substandard 7 13 45 67 17 — — — — 149 Nonperforming — — 1 — 5 — — — 1 7 Total 1,120 1,206 1,377 536 66 95 558 — 13 4,971 Consumer: Residential mortgage: Current 17,271 6,798 3,642 1,753 2,237 14,240 — — 92 46,033 30 - 89 days past due 58 31 32 40 31 322 — — — 514 90 or more days past due 3 44 91 133 95 643 — — — 1,009 Nonperforming 1 5 18 27 20 226 — — (1) 296 Total 17,333 6,878 3,783 1,953 2,383 15,431 — — 91 47,852 Residential home equity and direct: Current 4,962 2,630 1,717 691 189 425 10,757 3,388 50 24,809 30 - 89 days past due 8 8 10 3 1 3 53 21 — 107 90 days or more past due — — — — — — 5 4 — 9 Nonperforming 2 3 4 1 — 7 48 75 1 141 Total 4,972 2,641 1,731 695 190 435 10,863 3,488 51 25,066 Indirect auto: Current 10,699 6,691 4,293 2,158 1,081 504 — — 189 25,615 30 - 89 days past due 119 138 145 97 56 52 — — — 607 90 days or more past due — — — — — 1 — — — 1 Nonperforming 28 48 61 41 21 19 — — — 218 Total 10,846 6,877 4,499 2,296 1,158 576 — — 189 26,441 Indirect other: Current 4,333 2,724 1,638 937 455 691 — — 33 10,811 30 - 89 days past due 14 15 15 12 4 4 — — — 64 90 days or more past due 1 1 1 — — — — — — 3 Nonperforming 1 1 1 — — 2 — — — 5 Total 4,349 2,741 1,655 949 459 697 — — 33 10,883 Student: Current — 21 88 73 61 5,122 — — (8) 5,357 30 - 89 days past due — — 1 1 1 552 — — — 555 90 days or more past due — — — — 1 867 — — — 868 Total — 21 89 74 63 6,541 — — (8) 6,780 Credit card: Current 4,711 24 — 4,735 30 - 89 days past due 43 2 — 45 90 days or more past due 26 1 — 27 Total — — — — — — 4,780 27 — 4,807 Total $ 79,918 $ 41,719 $ 34,135 $ 20,029 $ 12,253 $ 36,138 $ 61,667 $ 3,515 $ 139 $ 289,513 (1) Includes certain deferred fees and costs, unapplied payments, and other adjustments.
Summary of Allowance for Credit Losses	The following tables present activity in the ACL: (Dollars in millions) Balance at Jan 1, 2021 Charge-Offs Recoveries Provision (Benefit) Other (1) Balance at Mar 31, 2021 Commercial: Commercial and industrial $ 2,204 $ (79) $ 19 $ (8) $ — $ 2,136 CRE 573 (4) 1 (26) — 544 Commercial construction 81 (2) 1 (3) — 77 Consumer: Residential mortgage 368 (11) 2 (16) — 343 Residential home equity and direct 714 (55) 18 30 — 707 Indirect auto 1,198 (105) 22 61 — 1,176 Indirect other 208 (17) 6 (10) — 187 Student 130 (3) — 2 2 131 Credit card 359 (40) 9 33 — 361 ALLL 5,835 (316) 78 63 2 5,662 RUFC 364 — — (15) — 349 ACL $ 6,199 $ (316) $ 78 $ 48 $ 2 $ 6,011 (Dollars in millions) Balance at Jan 1, 2022 Charge-Offs Recoveries Provision (Benefit) Other (1) Balance at Mar 31, 2022 Commercial: Commercial and industrial $ 1,426 $ (31) $ 17 $ (93) $ — $ 1,319 CRE 350 (1) 1 (67) — 283 Commercial construction 52 (1) 1 1 — 53 Consumer: Residential mortgage 308 (2) 6 (2) — 310 Residential home equity and direct 615 (58) 20 (3) — 574 Indirect auto 1,022 (102) 23 14 — 957 Indirect other 195 (19) 6 29 — 211 Student 117 (6) — 3 1 115 Credit card 350 (41) 9 30 — 348 ALLL 4,435 (261) 83 (88) 1 4,170 RUFC 260 — — (7) — 253 ACL $ 4,695 $ (261) $ 83 $ (95) $ 1 $ 4,423 (1) Includes the amounts for the ALLL for PCD acquisitions, and other activity.
Financing Receivable, Nonperforming	NPAs The following table provides a summary of nonperforming loans, excluding LHFS. Interest income recognized on nonperforming loans HFI was immaterial for the three months ended March 31, 2022 and 2021, respectively. March 31, 2022 December 31, 2021 Recorded Investment Recorded Investment (Dollars in millions) Without an ALLL With an ALLL Without an ALLL With an ALLL Commercial: Commercial and industrial $ 139 $ 191 $ 125 $ 269 CRE 18 9 12 17 Commercial construction — — — 7 Consumer: Residential mortgage 5 310 4 292 Residential home equity and direct 3 138 3 138 Indirect auto 3 224 1 217 Indirect other — 4 — 5 Total $ 168 $ 876 $ 145 $ 945
Selected Information About Nonperforming Assets	The following table presents a summary of nonperforming assets and residential mortgage loans in the process of foreclosure. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Nonperforming loans and leases HFI $ 1,044 $ 1,090 Nonperforming LHFS 39 22 Foreclosed real estate 3 8 Other foreclosed property 49 43 Total nonperforming assets $ 1,135 $ 1,163 Residential mortgage loans in the process of foreclosure $ 208 $ 135
Schedule of Performing and Nonperforming TDRs	TDRs The following table presents a summary of TDRs: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Performing TDRs: Commercial: Commercial and industrial $ 104 $ 147 CRE 5 5 Commercial construction 1 — Consumer: Residential mortgage 866 692 Residential home equity and direct 91 98 Indirect auto 392 389 Indirect other 6 7 Student 25 25 Credit card 25 27 Total performing TDRs 1,515 1,390 Nonperforming TDRs 189 152 Total TDRs $ 1,704 $ 1,542 ALLL attributable to TDRs $ 87 $ 102
Summary Of Primary Reason Loan Modifications Were Classified as TDRs	The primary type of modification for newly designated TDRs is summarized in the tables below. New TDR balances represent the recorded investment at the end of the quarter in which the modification was made. The prior quarter balance represents recorded investment at the beginning of the quarter in which the modification was made. Rate modifications consist of TDRs made with below market interest rates, including those that also have modifications of loan structures. As of / For the Three Months Ended March 31, 2022 (Dollars in millions) Type of Modification Prior Quarter Loan Balance ALLL at Period End Rate Structure Newly designated TDRs: Commercial $ — $ 8 $ 10 $ — Consumer 148 191 329 15 Credit card 2 — 2 1 Re-modification of previously designated TDRs 21 11 As of / For the Three Months Ended March 31, 2021 Type of Modification Prior Quarter Loan Balance ALLL at Period End (Dollars in millions) Rate Structure Newly designated TDRs: Commercial $ 27 $ 103 $ 147 $ 13 Consumer 75 155 233 13 Credit card 4 — 4 2 Re-modification of previously designated TDRs 14 14
Selected Information About Loans And Leases Unearned	The following table presents additional information about loans and leases: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Unearned income, discounts, and net deferred loan fees and costs $ 537 $ 849

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amounts of Goodwill Attributable to Operating Segments	The changes in the carrying amount of goodwill attributable to operating segments are reflected in the table below. Activity during 2022 reflects the acquisition of Kensington Vanguard National Land Services. Activity during 2021 primarily reflects the acquisitions of Service Finance, LLC, and Constellation Affiliated Partners. Refer to “Note 2. Business Combinations” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2021 for additional information on the acquisitions and “Note 18. Operating Segments” for additional information on segments. (Dollars in millions) CB&W C&CB IH Total Goodwill, January 1, 2021 $ 15,841 $ 6,167 $ 2,439 $ 24,447 Mergers and acquisitions 1,168 — 556 1,724 Adjustments and other (139) (18) 84 (73) Goodwill, December 31, 2021 16,870 6,149 3,079 26,098 Mergers and acquisitions — — 187 187 Adjustments and other (1) — — (1) Goodwill, March 31, 2022 $ 16,869 $ 6,149 $ 3,266 $ 26,284
Identifiable Intangible Assets Subject to Amortization	The following table, which excludes fully amortized intangibles, presents information for identifiable intangible assets: March 31, 2022 December 31, 2021 (Dollars in millions) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount CDI $ 2,563 $ (1,267) $ 1,296 $ 2,563 $ (1,190) $ 1,373 Other, primarily client relationship intangibles 3,531 (1,134) 2,397 3,116 (1,081) 2,035 Total $ 6,094 $ (2,401) $ 3,693 $ 5,679 $ (2,271) $ 3,408

Loan Servicing (Tables)

Loan Servicing (Tables)	3 Months Ended
	Mar. 31, 2022
Transfers and Servicing [Abstract]
Summary of Residential Mortgage Banking Activities	The following tables summarize residential mortgage servicing activities: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 UPB of residential mortgage loan servicing portfolio $ 246,664 $ 246,727 UPB of residential mortgage loans serviced for others, primarily agency conforming fixed rate 195,737 196,011 Mortgage loans sold with recourse 221 244 Maximum recourse exposure from mortgage loans sold with recourse liability 137 155 Indemnification, recourse and repurchase reserves 73 74 As of / For the Three Months Ended March 31, 2022 2021 UPB of residential mortgage loans sold from LHFS $ 8,818 $ 9,489 Pre-tax gains recognized on mortgage loans sold and held for sale 39 119 Servicing fees recognized from mortgage loans serviced for others 145 141 Approximate weighted average servicing fee on the outstanding balance of residential mortgage loans serviced for others 0.31 % 0.31 % Weighted average interest rate on mortgage loans serviced for others 3.41 3.76
Analysis of Activity in Residential MSRs	The following table presents a roll forward of the carrying value of residential MSRs recorded at fair value: Three Months Ended March 31, 2022 2021 Residential MSRs, carrying value, January 1 $ 2,305 $ 1,778 Additions 147 174 Change in fair value due to changes in valuation inputs or assumptions: Prepayment speeds 376 219 OAS (26) 141 Realization of expected net servicing cash flows, passage of time and other (110) (209) Residential MSRs, carrying value, March 31 $ 2,692 $ 2,103
Residential MSRs Sensitivity	The sensitivity of the fair value of the Company’s residential MSRs to changes in key assumptions is presented in the following table: March 31, 2022 December 31, 2021 Range Weighted Average Range Weighted Average (Dollars in millions) Min Max Min Max Prepayment speed 10.0 % 12.8 % 11.1 % 11.4 % 15.3 % 13.8 % Effect on fair value of a 10% increase $ (104) $ (113) Effect on fair value of a 20% increase (199) (216) OAS 1.2 % 11.2 % 4.3 % 1.5 % 10.7 % 4.2 % Effect on fair value of a 10% increase $ (44) $ (37) Effect on fair value of a 20% increase (87) (73) Composition of loans serviced for others: Fixed-rate residential mortgage loans 99.3 % 99.3 % Adjustable-rate residential mortgage loans 0.7 0.7 Total 100.0 % 100.0 % Weighted average life 6.0 years 5.2 years
Summary of Commercial Mortgage Banking Activities	The following table summarizes commercial mortgage servicing activities: As of/Year-to-Date Ended (Dollars in millions) Mar 31, 2022 Dec 31, 2021 UPB of CRE mortgages serviced for others $ 37,397 $ 37,960 CRE mortgages serviced for others covered by recourse provisions 9,938 10,243 Maximum recourse exposure from CRE mortgages sold with recourse liability 2,861 2,958 Recorded reserves related to recourse exposure 15 16 CRE mortgages originated during the year-to-date period 1,557 9,380 Commercial MSRs at fair value 280 280 Other Servicing Activities The Company had $41 million and $48 million of other loan servicing rights at fair value as of March 31, 2022 and December 31, 2021, respectively.

Other Assets and Liabilites (Ta

Other Assets and Liabilites (Tables)	3 Months Ended
	Mar. 31, 2022
Other Assets [Abstract]
Lessee, Operating Lease, Liability, Maturity	The following tables present additional information on leases, excluding leases related to the lease financing businesses: March 31, 2022 December 31, 2021 (Dollars in millions) Operating Leases Finance Leases Operating Leases Finance Leases ROU assets $ 1,126 $ 22 $ 1,168 $ 22 Lease liabilities 1,529 26 1,600 26 Weighted average remaining term 6.5 years 6.2 years 6.6 years 6.4 years Weighted average discount rate 2.3 % 3.4 % 2.3 % 3.5 % Three Months Ended March 31, (Dollars in millions) 2022 2021 Operating lease costs $ 85 $ 85
Schedule of Assets Held Under Operating Leases and Related Activities	The following table presents a summary of assets under operating leases and activity related to assets under operating leases. This table excludes subleases on assets included in premises and equipment. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Assets held under operating leases (1) $ 2,034 $ 2,110 Accumulated depreciation (524) (539) Net $ 1,510 $ 1,571

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Short-term Debt	The following table presents a summary of short-term borrowings: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Securities sold under agreements to repurchase $ 2,367 $ 2,435 Collateral in excess of derivative exposures 380 318 Master notes 683 808 Securities sold short 1,717 1,731 Total short-term borrowings $ 5,147 $ 5,292
Schedule of Long-Term Debt, Interest Rates and Maturity Dates	The following table presents a summary of long-term debt: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Truist Financial Corporation: Fixed rate senior notes (1) $ 12,038 $ 13,271 Floating rate senior notes (1) 999 1,348 Fixed rate subordinated notes (2) 927 1,254 Capital notes (2) 621 620 Structured notes (3) 11 11 Truist Bank: Fixed rate senior notes (1) 9,442 9,545 Floating rate senior notes (1) 2,398 2,399 Fixed rate subordinated notes (2) 4,908 5,043 FHLB advances 860 863 Other long-term debt (4) 1,275 1,263 Nonbank subsidiaries: Other long-term debt (5) 294 296 Total long-term debt $ 33,773 $ 35,913 (1) Prior period was revised to reclassify certain floating rate senior notes that were reported as fixed rate senior notes at December 31, 2021. (2) Subordinated and capital notes with a remaining maturity of one year or greater qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations. (3) Consist of notes with various terms that include fixed or floating rate interest or returns that are linked to an equity index. (4) Includes debt associated with finance leases, tax credit investments, and other. (5) Includes debt associated with structured real estate leases.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Summary of Cash Dividends Declared per Share	The following table presents total dividends declared per share of common stock: Three Months Ended March 31, 2022 2021 Cash dividends declared per share $ 0.48 $ 0.45

AOCI (Tables)

AOCI (Tables)	3 Months Ended
	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Changes in AOCI	AOCI includes the after-tax change in unrecognized net costs related to defined benefit pension and OPEB plans as well as unrealized gains and losses on cash flow hedges, AFS securities, and HTM securities transferred from AFS securities. Three Months Ended March 31, 2022 and 2021 Pension and OPEB Costs Cash Flow Hedges AFS Securities HTM Securities Other, net Total AOCI balance, January 1, 2021 $ (875) $ (64) $ 1,654 $ — $ 1 $ 716 OCI before reclassifications, net of tax 28 — (2,408) — 1 (2,379) Amounts reclassified from AOCI: Before tax 9 47 136 — — 192 Tax effect 2 11 32 — — 45 Amounts reclassified, net of tax 7 36 104 — — 147 Total OCI, net of tax 35 36 (2,304) — 1 (2,232) AOCI balance, March 31, 2021 $ (840) $ (28) $ (650) $ — $ 2 $ (1,516) AOCI balance, January 1, 2022 $ (86) $ (9) $ (1,510) $ — $ 1 $ (1,604) OCI before reclassifications, net of tax 2 — (5,036) — 1 (5,033) AFS Securities transferred to HTM, net of tax — — 2,872 (2,872) — — Amounts reclassified from AOCI: Before tax 8 6 61 57 — 132 Tax effect 2 1 14 13 — 30 Amounts reclassified, net of tax 6 5 47 44 — 102 Total OCI, net of tax 8 5 (4,989) 44 1 (4,931) AOCI balance, March 31, 2022 $ (78) $ (4) $ (3,627) $ (2,828) $ 2 $ (6,535) Primary income statement location of amounts reclassified from AOCI Other expense Net interest income and Other expense Securities gains (losses) and Net interest income Net interest income Net interest income

Benefit Plans (Tables)

Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The components of net periodic (benefit) cost for defined benefit pension plans are summarized in the following table: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Service cost Personnel expense $ 139 $ 158 Interest cost Other expense 88 79 Estimated return on plan assets Other expense (269) (249) Amortization and other Other expense 8 8 Net periodic (benefit) cost $ (34) $ (4)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments and Contingencies	(Dollars in millions) Balance Sheet Location Mar 31, 2022 Dec 31, 2021 Investments in affordable housing projects: Carrying amount Other assets $ 4,133 $ 4,107 Amount of future funding commitments included in carrying amount Other liabilities 1,346 1,285 Lending exposure Loans and leases for funded amounts 942 763 Renewable energy investments: Carrying amount Other assets 199 257 Amount of future funding commitments not included in carrying amount NA 70 71 Private equity and certain other equity method investments: Carrying amount Other assets 1,925 1,822 Amount of future funding commitments not included in carrying amount NA 435 411
Summary of Tax Credits and Amortization, Tax Credit Investment Activity	The following table presents a summary of tax credits and amortization associated with the Company’s tax credit investment activity: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Tax credits: Investments in affordable housing projects Provision for income taxes $ 127 $ 120 Other community development investments Provision for income taxes 23 23 Renewable energy investments NA (1) 37 39 Amortization and other changes in carrying amount: Investments in affordable housing projects Provision for income taxes $ 124 $ 119 Other community development investments Other noninterest income 19 19 Renewable energy investments Other noninterest income 4 — (1) Tax credits received for these investments are recorded as a reduction to the carrying value of these investments.
Schedule of Off-Balance Sheet	The following is a summary of selected notional amounts of off-balance sheet financial instruments: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Commitments to extend, originate, or purchase credit $ 202,695 $ 198,658 Residential mortgage loans sold with recourse 221 244 CRE mortgages serviced for others covered by recourse provisions 9,938 10,243 Other loans serviced for others covered by recourse provisions 594 588 Letters of credit 5,818 5,568
Schedule of Variable Interest Entities	The following table provides a summary of the TRS transactions with VIE purchases. VIE assets include trading loans and bonds: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Total return swaps: VIE assets $ 1,627 $ 1,519 Trading loans and bonds 1,602 1,491 VIE liabilities 104 50
Schedule of Pledged Assets	The following table provides the total carrying amount of pledged assets by asset type: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Pledged securities $ 28,614 $ 29,678 Pledged loans: FRB 70,815 73,349 FHLB 60,151 64,698 Unused borrowing capacity: FRB 51,876 52,170 FHLB 45,961 49,244

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present fair value information for assets and liabilities measured at fair value on a recurring basis: March 31, 2022 Total Level 1 Level 2 Level 3 Netting Adjustments (1) Assets: Trading assets: U.S. Treasury $ 965 $ — $ 965 $ — $ — GSE 391 — 391 — — Agency MBS - residential 1,164 — 1,164 — — Agency MBS - commercial 52 — 52 — — States and political subdivisions 69 — 69 — — Corporate and other debt securities 1,023 — 1,023 — — Loans 1,933 — 1,933 — — Other 323 273 50 — — Total trading assets 5,920 273 5,647 — — AFS securities: U.S. Treasury 9,412 — 9,412 — — GSE 245 — 245 — — Agency MBS - residential 68,238 — 68,238 — — Agency MBS - commercial 2,659 — 2,659 — — States and political subdivisions 370 — 370 — — Non-agency MBS 3,803 — 3,803 — — Other 26 — 26 — — Total AFS securities 84,753 — 84,753 — — LHFS at fair value 3,364 — 3,364 — — Loans and leases 21 — — 21 — Loan servicing rights at fair value 3,013 — — 3,013 — Other assets: Derivative assets 2,113 739 2,989 7 (1,622) Equity securities 1,024 812 212 — — Total assets $ 100,208 $ 1,824 $ 96,965 $ 3,041 $ (1,622) Liabilities: Derivative liabilities $ 1,482 $ 360 $ 4,128 $ 81 $ (3,087) Securities sold short 1,717 13 1,704 — — Total liabilities $ 3,199 $ 373 $ 5,832 $ 81 $ (3,087) December 31, 2021 Total Level 1 Level 2 Level 3 Netting Adjustments (1) Assets: Trading assets: U.S. Treasury $ 125 $ — $ 125 $ — $ — GSE 306 — 306 — — Agency MBS - residential 1,016 — 1,016 — — Agency MBS - commercial 13 — 13 — — States and political subdivisions 91 — 91 — — Corporate and other debt securities 738 — 738 — — Loans 1,791 — 1,791 — — Other 343 285 58 — — Total trading assets 4,423 285 4,138 — — AFS securities: U.S. Treasury 9,795 — 9,795 — — GSE 1,698 — 1,698 — — Agency MBS - residential 134,042 — 134,042 — — Agency MBS - commercial 2,882 — 2,882 — — States and political subdivisions 420 — 420 — — Non-agency MBS 4,258 — 4,258 — — Other 28 — 28 — — Total AFS securities 153,123 — 153,123 — — LHFS at fair value 3,544 — 3,544 — — Loans and leases 23 — — 23 — Loan servicing rights at fair value 2,633 — — 2,633 — Other assets: Derivative assets 2,370 887 3,110 30 (1,657) Equity securities 1,066 967 99 — — Total assets $ 167,182 $ 2,139 $ 164,014 $ 2,686 $ (1,657) Liabilities: Derivative liabilities $ 586 $ 438 $ 3,056 $ 42 $ (2,950) Securities sold short 1,731 8 1,723 — — Total liabilities $ 2,317 $ 446 $ 4,779 $ 42 $ (2,950) (1) Refer to “Note 16. Derivative Financial Instruments” for additional discussion on netting adjustments.
Rollforward of Level 3 Assets and Liabilities	Activity for Level 3 assets and liabilities is summarized below: Three Months Ended March 31, 2022 and 2021 Loans and Leases Loan Servicing Rights Net Derivatives Balance at January 1, 2021 $ — $ 2,023 $ 172 Total realized and unrealized gains (losses): Included in earnings — 374 (164) Issuances — 192 96 Settlements — (224) (114) Balance at March 31, 2021 $ — $ 2,365 $ (10) Balance at January 1, 2022 $ 23 $ 2,633 $ (12) Total realized and unrealized gains (losses): Included in earnings — 357 (170) Issuances — 158 17 Settlements — (135) 91 Other (2) — — Balance at March 31, 2022 $ 21 $ 3,013 $ (74) Change in unrealized gains (losses) included in earnings for the period, attributable to assets and liabilities still held at March 31, 2022 $ — $ 357 $ (45) Primary income statement location of realized gains (losses) included in earnings Other income Residential mortgage income and Commercial mortgage income Residential mortgage income and Commercial mortgage income
Fair Value and UPB of LHFS	The following table details the fair value and UPB of certain loans that were elected to be measured at fair value: March 31, 2022 December 31, 2021 (Dollars in millions) Fair Value UPB Difference Fair Value UPB Difference Trading loans $ 1,933 $ 1,944 $ (11) $ 1,791 $ 1,784 $ 7 Loans and leases 21 23 (2) 23 35 (12) LHFS at fair value 3,364 3,405 (41) 3,544 3,450 94
Assets Measured at Fair Value on a Nonrecurring Basis	The following table provides information about certain assets measured at fair value on a nonrecurring basis still held as of period end. The carrying values represent end of period values, which approximate the fair value measurements that occurred on the various measurement dates throughout the period. These assets are considered to be Level 3 assets. (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Carrying value: LHFS $ 141 $ 101 Loans and leases 429 443 Other 52 100 The following table provides information about valuation adjustments for certain assets measured at fair value on a nonrecurring basis. The valuation adjustments represent the amounts recorded during the period regardless of whether the asset is still held at period end. Three Months Ended March 31, (Dollars in millions) 2022 2021 Valuation adjustments: LHFS $ (3) $ (16) Loans and leases (97) (154) Other (139) (95)
Carrying Amounts and Fair Value of Financial Assets and Liabilities Not Recorded at Fair Value	Financial assets and liabilities not recorded at fair value are summarized below: March 31, 2022 December 31, 2021 (Dollars in millions) Fair Value Hierarchy Carrying Amount Fair Value Carrying Amount Fair Value Financial assets: HTM securities Level 2 $ 61,662 $ 59,124 $ 1,494 $ 1,495 Loans and leases HFI, net of ALLL Level 3 285,890 282,709 285,055 284,914 Financial liabilities: Time deposits Level 2 14,476 14,582 15,886 16,017 Long-term debt Level 2 33,773 33,275 35,913 36,251

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the gross notional amounts and estimated fair value of derivative instruments employed by the Company. Truist held no cash flow hedges as of March 31, 2022 and December 31, 2021. March 31, 2022 December 31, 2021 Notional Amount Fair Value Notional Amount Fair Value (Dollars in millions) Assets Liabilities Assets Liabilities Fair value hedges: Interest rate contracts: Swaps hedging long-term debt $ 7,043 $ — $ (34) $ 12,690 $ — $ (6) Swaps hedging AFS securities 7,098 — — 12,711 — (2) Total 14,141 — (34) 25,401 — (8) Not designated as hedges: Client-related and other risk management: Interest rate contracts: Swaps 153,378 733 (1,320) 150,223 1,716 (733) Options 30,904 113 (95) 23,659 43 (30) Forward commitments 4,118 29 (14) 2,404 2 (5) Other 2,572 — (1) 2,927 — — Equity contracts 39,530 1,275 (1,630) 34,232 1,582 (2,089) Credit contracts: Loans and leases 630 — (1) 570 — (2) Risk participation agreements 7,330 — (3) 8,145 — (4) Total return swaps 1,515 8 (5) 1,445 3 (19) Foreign exchange contracts 18,663 207 (204) 16,102 160 (156) Commodity 6,338 1,152 (1,144) 4,641 475 (468) Total 264,978 3,517 (4,417) 244,348 3,981 (3,506) Mortgage banking: Interest rate contracts: Swaps 1,016 3 — 441 — — Interest rate lock commitments 3,911 7 (51) 4,163 30 (7) When issued securities, forward rate agreements and forward commitments 7,129 147 (1) 6,913 7 (15) Other 357 2 — 424 1 — Total 12,413 159 (52) 11,941 38 (22) MSRs: Interest rate contracts: Swaps 19,634 1 — 12,837 — — Options 5,237 39 — 101 1 — When issued securities, forward rate agreements and forward commitments 2,856 19 (66) 3,927 7 — Other 1,273 — — 2,017 — — Total 29,000 59 (66) 18,882 8 — Total derivatives not designated as hedges 306,391 3,735 (4,535) 275,171 4,027 (3,528) Total derivatives $ 320,532 3,735 (4,569) $ 300,572 4,027 (3,536) Gross amounts in the Consolidated Balance Sheets: Amounts subject to master netting arrangements (1,290) 1,290 (1,312) 1,312 Cash collateral (received) posted for amounts subject to master netting arrangements (332) 1,797 (345) 1,638 Net amount $ 2,113 $ (1,482) $ 2,370 $ (586)
Netting of Financial Instruments - Derivatives	The following table presents the offsetting of derivative instruments including financial instrument collateral related to legally enforceable master netting agreements and amounts held or pledged as collateral. U.S. GAAP does not permit netting of non-cash collateral balances in the Consolidated Balance Sheets: March 31, 2022 Gross Amount Amount Offset Net Amount in Consolidated Balance Sheets Held/Pledged Financial Instruments Net Amount Derivative assets: Derivatives subject to master netting arrangement or similar arrangement $ 2,787 $ (1,270) $ 1,517 $ — $ 1,517 Derivatives not subject to master netting arrangement or similar arrangement 209 — 209 — 209 Exchange traded derivatives 739 (352) 387 — 387 Total derivative assets $ 3,735 $ (1,622) $ 2,113 $ — $ 2,113 Derivative liabilities: Derivatives subject to master netting arrangement or similar arrangement $ (3,819) $ 2,735 $ (1,084) $ 64 $ (1,020) Derivatives not subject to master netting arrangement or similar arrangement (390) — (390) — (390) Exchange traded derivatives (360) 352 (8) — (8) Total derivative liabilities $ (4,569) $ 3,087 $ (1,482) $ 64 $ (1,418) December 31, 2021 Gross Amount Amount Offset Net Amount in Consolidated Balance Sheets Held/Pledged Financial Instruments Net Amount Derivative assets: Derivatives subject to master netting arrangement or similar arrangement $ 2,752 $ (1,221) $ 1,531 $ (1) $ 1,530 Derivatives not subject to master netting arrangement or similar arrangement 388 — 388 — 388 Exchange traded derivatives 887 (436) 451 — 451 Total derivative assets $ 4,027 $ (1,657) $ 2,370 $ (1) $ 2,369 Derivative liabilities: Derivatives subject to master netting arrangement or similar arrangement $ (2,873) $ 2,514 $ (359) $ 66 $ (293) Derivatives not subject to master netting arrangement or similar arrangement (225) — (225) — (225) Exchange traded derivatives (438) 436 (2) — (2) Total derivative liabilities $ (3,536) $ 2,950 $ (586) $ 66 $ (520)
Schedule of Fair Value Hedging Basis Adjustments	The following table presents the carrying value of hedged items in fair value hedging relationships: March 31, 2022 December 31, 2021 Hedge Basis Adjustment Hedge Basis Adjustment (Dollars in millions) Hedged Asset / Liability Basis Items Currently Designated Discontinued Hedges Hedged Asset / Liability Basis Items Currently Designated Discontinued Hedges AFS securities (1) $ 48,429 $ (441) $ (5) $ 108,758 $ (400) $ (150) Loans and leases 377 — 12 382 — 12 Long-term debt 24,562 (355) 361 27,361 (137) 629 (1) The amortized cost of AFS securities was $51.3 billion at March 31, 2022 and $110.6 billion at December 31, 2021.
Impact of Derivatives on the Consolidated Statements of Income and Comprehensive Income	The following table summarizes amounts related to cash flow hedges, which consist of interest rate contracts. Three Months Ended March 31, (Dollars in millions) 2022 2021 Pre-tax gain (loss) reclassified from AOCI into interest expense: Deposits $ — $ (1) Short-term borrowings — (5) Long-term debt (6) (5) Total $ (6) $ (11) Pre-tax gain (loss) reclassified from AOCI into other expense: (1) Deposits $ — $ (12) Short-term borrowings — (20) Long-term debt — (4) Total $ — $ (36) (1) Represents the accelerated amortization of amounts reclassified from AOCI, where management determined that the forecasted transaction is probable of not occurring. The following table summarizes the impact on net interest income related to fair value hedges: Three Months Ended March 31, (Dollars in millions) 2022 2021 AFS securities: Amounts related to interest settlements $ (5) $ (11) Recognized on derivatives 414 524 Recognized on hedged items (402) (526) Net income (expense) recognized 7 (13) Loans and leases: Amounts related to interest settlements — — Recognized on derivatives — — Recognized on hedged items (1) (1) Net income (expense) recognized (1) (1) Long-term debt: Amounts related to interest settlements 16 — Recognized on derivatives (429) — Recognized on hedged items 486 79 Net income (expense) recognized 73 79 Net income (expense) recognized, total $ 79 $ 65 The following table presents information about the Company’s terminated cash flow and fair value hedges: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Cash flow hedges: Net unrecognized after-tax gain (loss) on terminated hedges recorded in AOCI (to be recognized in earnings through 2022) $ (4) $ (9) Estimated portion of net after-tax gain (loss) on terminated hedges to be reclassified from AOCI into earnings during the next 12 months (4) (9) Fair value hedges: Unrecognized pre-tax net gain (loss) on terminated hedges (to be recognized as interest primarily through 2030) (1) $ 856 $ 767 Portion of pre-tax net gain (loss) on terminated hedges to be recognized as a change in interest during the next 12 months 216 231 (1) Includes deferred gains that are recorded in AOCI as a result of the reclassification to HTM of previously hedged securities of $502 million at March 31, 2022. The following table presents pre-tax gain (loss) recognized in income for derivative instruments not designated as hedges: Three Months Ended March 31, (Dollars in millions) Income Statement Location 2022 2021 Client-related and other risk management: Interest rate contracts Investment banking and trading income and other income $ 56 $ 102 Foreign exchange contracts Investment banking and trading income and other income 32 26 Equity contracts Investment banking and trading income and other income 5 (8) Credit contracts Investment banking and trading income and other income 8 (34) Commodity contracts Investment banking and trading income 5 2 Mortgage banking: Interest rate contracts Residential mortgage income 261 91 Interest rate contracts Commercial mortgage income (1) (1) MSRs: Interest rate contracts Residential mortgage income (349) (333) Interest rate contracts Commercial mortgage income (9) (12) Total $ 8 $ (167)
Derivatives Credit Risk - Risk Participation Agreements	The following table presents additional information related to interest rate derivative risk participation agreements and total return swaps: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Risk participation agreements: Maximum potential amount of exposure $ 327 $ 521 Total return swaps: Cash collateral held 323 290
Schedule of Derivative Instruments Summary of Collateral Positions with Counterparties	The following table summarizes collateral positions with counterparties: (Dollars in millions) Mar 31, 2022 Dec 31, 2021 Dealer and other counterparties: Cash and other collateral received from counterparties $ 332 $ 346 Derivatives in a net gain position secured by collateral received 450 506 Unsecured positions in a net gain with counterparties after collateral postings 79 143 Cash collateral posted to counterparties 1,861 1,704 Derivatives in a net loss position secured by collateral 2,196 2,591 Additional collateral that would have been posted had the Company’s credit ratings dropped below investment grade 2 3 Central counterparties clearing: Cash collateral, including initial margin, posted to central clearing parties — 31 Derivatives in a net loss position 7 18 Derivatives in a net gain position 86 — Securities pledged to central counterparties clearing 797 904

Computation of EPS (Tables)

Computation of EPS (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Basic and Diluted EPS	Basic and diluted EPS calculations are presented in the following table: Three Months Ended March 31, (Dollars in millions, except per share data, shares in thousands) 2022 2021 Net income available to common shareholders $ 1,327 $ 1,334 Weighted average number of common shares 1,329,037 1,345,666 Effect of dilutive outstanding equity-based awards 12,526 13,266 Weighted average number of diluted common shares 1,341,563 1,358,932 Basic EPS $ 1.00 $ 0.99 Diluted EPS $ 0.99 $ 0.98 Anti-dilutive awards — 376

Operating Segments (Tables)

Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents results by segment: Three Months Ended March 31, CB&W C&CB IH OT&C (1) Total 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Net interest income (expense) $ 1,529 $ 1,753 $ 1,093 $ 1,208 $ 24 $ 24 $ 537 $ 300 $ 3,183 $ 3,285 Net intersegment interest income (expense) 649 231 156 72 — — (805) (303) — — Segment net interest income 2,178 1,984 1,249 1,280 24 24 (268) (3) 3,183 3,285 Allocated provision for credit losses 74 100 (150) (35) — 1 (19) (18) (95) 48 Segment net interest income after provision 2,104 1,884 1,399 1,315 24 23 (249) 15 3,278 3,237 Noninterest income 950 920 619 692 737 633 (164) (48) 2,142 2,197 Amortization of intangibles 73 79 33 38 31 27 — — 137 144 Other noninterest expense 1,846 1,836 724 737 529 453 438 440 3,537 3,466 Income (loss) before income taxes 1,135 889 1,261 1,232 201 176 (851) (473) 1,746 1,824 Provision (benefit) for income taxes 271 208 276 266 49 43 (266) (166) 330 351 Segment net income (loss) $ 864 $ 681 $ 985 $ 966 $ 152 $ 133 $ (585) $ (307) $ 1,416 $ 1,473 Identifiable assets (period end) $ 160,220 $ 159,541 $ 184,834 $ 183,241 $ 10,292 $ 8,062 $ 188,633 $ 166,693 $ 543,979 $ 517,537 (1) Includes financial data from business units below the quantitative and qualitative thresholds requiring disclosure.

Business Combinations - Narrati

Business Combinations - Narrative (Details) - Kensington Vanguard National Land Services - IH $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)	$ 187
Identifiable intangible assets increase	$ 148
Weighted average term	15 years
Business Acquisition, Goodwill, Expected Tax Deductible Amount	$ 129
Business Acquisition, Finite-lived Intangible Assets, Expected Tax Deductible Amount	$ 110

Securities Purchased under Agre

Securities Purchased under Agreements to Resale & Securities Borrowed (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Offsetting [Abstract]
Securities purchased under agreements to resell	$ 1,678	$ 3,460
Securities borrowed	644	568
Total securities borrowed or purchased under agreements to resell	2,322	4,028
Fair value of collateral held available to be resold or repledged	2,316	4,005
Fair value of securities repledged	$ 342	$ 1,141

Securities Financing Activiti_3

Securities Financing Activities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Offsetting Liabilities [Line Items]
Short-term Debt	$ 5,147	$ 5,292
Securities Sold under Agreements to Repurchase
Offsetting Liabilities [Line Items]
Short-term Debt	2,367	2,435
Securities Sold under Agreements to Repurchase | U.S. Treasury
Offsetting Liabilities [Line Items]
Short-term Debt	480	1,158
Securities Sold under Agreements to Repurchase | GSE
Offsetting Liabilities [Line Items]
Short-term Debt	112	78
Securities Sold under Agreements to Repurchase | Agency MBS - residential
Offsetting Liabilities [Line Items]
Short-term Debt	1,311	861
Securities Sold under Agreements to Repurchase | Corporate and other debt securities
Offsetting Liabilities [Line Items]
Short-term Debt	464	338
Securities Sold under Agreements to Repurchase | Overnight and Continuous
Offsetting Liabilities [Line Items]
Short-term Debt	1,643	1,735
Securities Sold under Agreements to Repurchase | Overnight and Continuous | U.S. Treasury
Offsetting Liabilities [Line Items]
Short-term Debt	439	749
Securities Sold under Agreements to Repurchase | Overnight and Continuous | GSE
Offsetting Liabilities [Line Items]
Short-term Debt	81	53
Securities Sold under Agreements to Repurchase | Overnight and Continuous | Agency MBS - residential
Offsetting Liabilities [Line Items]
Short-term Debt	973	720
Securities Sold under Agreements to Repurchase | Overnight and Continuous | Corporate and other debt securities
Offsetting Liabilities [Line Items]
Short-term Debt	150	213
Securities Sold under Agreements to Repurchase | Up to 30 days
Offsetting Liabilities [Line Items]
Short-term Debt	724	700
Securities Sold under Agreements to Repurchase | Up to 30 days | U.S. Treasury
Offsetting Liabilities [Line Items]
Short-term Debt	41	409
Securities Sold under Agreements to Repurchase | Up to 30 days | GSE
Offsetting Liabilities [Line Items]
Short-term Debt	31	25
Securities Sold under Agreements to Repurchase | Up to 30 days | Agency MBS - residential
Offsetting Liabilities [Line Items]
Short-term Debt	338	141
Securities Sold under Agreements to Repurchase | Up to 30 days | Corporate and other debt securities
Offsetting Liabilities [Line Items]
Short-term Debt	$ 314	$ 125

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Securities Exceeding Ten Percent of Stockholders Equity [Line Items]
Held to Maturity Discount Discount	$ 3,700
Held to maturity basis adjustments	510
Debt Securities, Available-for-sale, Allowance for Credit Loss	0	$ 0
FNMA investments
Debt Securities Exceeding Ten Percent of Stockholders Equity [Line Items]
Securities, amortized cost	45,200
Securities, fair value	43,000
FHLMC investments
Debt Securities Exceeding Ten Percent of Stockholders Equity [Line Items]
Securities, amortized cost	45,700
Securities, fair value	$ 43,400

Investment Securities - Amortiz

Investment Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
AFS securities
Amortized Cost	$ 89,476	$ 155,088
Gross Unrealized Gains	58	755
Gross Unrealized Losses	4,781	2,720
AFS securities, Fair Value	84,753	153,123
HTM securities:
Amortized Cost	61,662	1,494
HTM securities, Fair Value	59,124	1,495
U.S. Treasury
AFS securities
Amortized Cost	9,891	9,892
Gross Unrealized Gains	0	9
Gross Unrealized Losses	479	106
AFS securities, Fair Value	9,412	9,795
GSE
AFS securities
Amortized Cost	257	1,667
Gross Unrealized Gains	0	33
Gross Unrealized Losses	12	2
AFS securities, Fair Value	245	1,698
Agency MBS
HTM securities:
Amortized Cost	61,662	1,494
Gross Unrealized Gains	0	1
Gross Unrealized Losses	2,538	0
HTM securities, Fair Value	59,124	1,495
Agency MBS | Agency MBS - residential
AFS securities
Amortized Cost	71,956	135,886
Gross Unrealized Gains	37	656
Gross Unrealized Losses	3,755	2,500
AFS securities, Fair Value	68,238	134,042
Agency MBS | Commercial Mortgage Backed Securities
AFS securities
Amortized Cost	2,831	2,928
Gross Unrealized Gains	2	18
Gross Unrealized Losses	174	64
AFS securities, Fair Value	2,659	2,882
States and political subdivisions
AFS securities
Amortized Cost	366	382
Gross Unrealized Gains	19	39
Gross Unrealized Losses	15	1
AFS securities, Fair Value	370	420
Non-agency MBS
AFS securities
Amortized Cost	4,149	4,305
Gross Unrealized Gains	0	0
Gross Unrealized Losses	346	47
AFS securities, Fair Value	3,803	4,258
Other
AFS securities
Amortized Cost	26	28
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
AFS securities, Fair Value	$ 26	$ 28

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Estimated Fair Value by Contractual Maturity (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
AFS, Amortized Cost
Due in one year or less	$ 324
Due after one year through five years	8,693
Due after five years through ten years	1,752
Due after ten years	78,707
Debt Securities, Available-for-sale, Amortized Cost, Total	89,476	$ 155,088
AFS, Fair Value
Due in one year or less	322
Due after one year through five years	8,279
Due after five years through ten years	1,684
Due after ten years	74,468
Debt Securities, Available-for-sale, Total	84,753	153,123
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	61,662
Debt Securities, Held-to-Maturity, Amortized Cost, Total	61,662	1,494
Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	59,124
Debt Securities, Held-to-Maturity, Fair Value	59,124	1,495
U.S. Treasury
AFS, Amortized Cost
Due in one year or less	309
Due after one year through five years	8,602
Due after five years through ten years	980
Due after ten years	0
Debt Securities, Available-for-sale, Amortized Cost, Total	9,891	9,892
AFS, Fair Value
Due in one year or less	307
Due after one year through five years	8,188
Due after five years through ten years	917
Due after ten years	0
Debt Securities, Available-for-sale, Total	9,412	9,795
GSE
AFS, Amortized Cost
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	257
Debt Securities, Available-for-sale, Amortized Cost, Total	257	1,667
AFS, Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	245
Debt Securities, Available-for-sale, Total	245	1,698
Agency MBS
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date
Debt Securities, Held-to-Maturity, Amortized Cost, Total	61,662	1,494
Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Fair Value
Debt Securities, Held-to-Maturity, Fair Value	59,124	1,495
Agency MBS | Agency MBS - residential
AFS, Amortized Cost
Due in one year or less	0
Due after one year through five years	1
Due after five years through ten years	633
Due after ten years	71,322
Debt Securities, Available-for-sale, Amortized Cost, Total	71,956	135,886
AFS, Fair Value
Due in one year or less	0
Due after one year through five years	1
Due after five years through ten years	624
Due after ten years	67,613
Debt Securities, Available-for-sale, Total	68,238	134,042
Agency MBS | Commercial Mortgage Backed Securities
AFS, Amortized Cost
Due in one year or less	0
Due after one year through five years	8
Due after five years through ten years	15
Due after ten years	2,808
Debt Securities, Available-for-sale, Amortized Cost, Total	2,831	2,928
AFS, Fair Value
Due in one year or less	0
Due after one year through five years	8
Due after five years through ten years	14
Due after ten years	2,637
Debt Securities, Available-for-sale, Total	2,659	2,882
States and political subdivisions
AFS, Amortized Cost
Due in one year or less	15
Due after one year through five years	76
Due after five years through ten years	124
Due after ten years	151
Debt Securities, Available-for-sale, Amortized Cost, Total	366	382
AFS, Fair Value
Due in one year or less	15
Due after one year through five years	76
Due after five years through ten years	129
Due after ten years	150
Debt Securities, Available-for-sale, Total	370	420
Non-agency MBS
AFS, Amortized Cost
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	4,149
Debt Securities, Available-for-sale, Amortized Cost, Total	4,149	4,305
AFS, Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	3,803
Debt Securities, Available-for-sale, Total	3,803	4,258
Other
AFS, Amortized Cost
Due in one year or less	0
Due after one year through five years	6
Due after five years through ten years	0
Due after ten years	20
Debt Securities, Available-for-sale, Amortized Cost, Total	26	28
AFS, Fair Value
Due in one year or less	0
Due after one year through five years	6
Due after five years through ten years	0
Due after ten years	20
Debt Securities, Available-for-sale, Total	$ 26	$ 28

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses and Fair Values of Investments in Continuous Unrealized Loss Positions (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
AFS securities, Fair Value
Less than 12 months	$ 68,506	$ 115,791
12 months or more	11,681	3,655
Total	80,187	119,446
AFS securities, Unrealized Losses
Less than 12 months	3,782	2,564
12 months or more	999	156
Total	4,781	2,720
U.S. Treasury
AFS securities, Fair Value
Less than 12 months	8,793	8,412
12 months or more	602	582
Total	9,395	8,994
AFS securities, Unrealized Losses
Less than 12 months	431	88
12 months or more	48	18
Total	479	106
GSE
AFS securities, Fair Value
Less than 12 months	209	104
12 months or more	0	0
Total	209	104
AFS securities, Unrealized Losses
Less than 12 months	12	2
12 months or more	0	0
Total	12	2
Agency MBS | Agency MBS - residential
AFS securities, Fair Value
Less than 12 months	54,565	101,262
12 months or more	9,386	2,638
Total	63,951	103,900
12 months or more	1,150
12 months or more	19,638
Less than 12 months	1,388
Less than 12 months	39,486
AFS securities, Unrealized Losses
Less than 12 months	2,940	2,377
12 months or more	815	123
Total	3,755	2,500
Total	59,124
Total	2,538
Agency MBS | Commercial Mortgage Backed Securities
AFS securities, Fair Value
Less than 12 months	909	1,749
12 months or more	1,672	413
Total	2,581	2,162
AFS securities, Unrealized Losses
Less than 12 months	40	50
12 months or more	134	14
Total	174	64
States and political subdivisions
AFS securities, Fair Value
Less than 12 months	206	0
12 months or more	21	22
Total	227	22
AFS securities, Unrealized Losses
Less than 12 months	13	0
12 months or more	2	1
Total	15	1
Non-agency MBS
AFS securities, Fair Value
Less than 12 months	3,803	4,258
12 months or more	0	0
Total	3,803	4,258
AFS securities, Unrealized Losses
Less than 12 months	346	47
12 months or more	0	0
Total	346	47
Other
AFS securities, Fair Value
Less than 12 months	21	6
12 months or more	0	0
Total	21	6
AFS securities, Unrealized Losses
Less than 12 months	0	0
12 months or more	0	0
Total	$ 0	$ 0

Investments Securities - Gain (

Investments Securities - Gain (Loss) on Securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Gain (Loss) on Securities [Line Items]
Noninterest income	$ 2,142	$ 2,197
Securities gains (losses)
Gain (Loss) on Securities [Line Items]
Gross realized gains	13	0
Gross realized losses	(82)	0
Noninterest income	$ (69)	$ 0

Loans and ACL - Narrative (Deta

Loans and ACL - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Commercial:
Financing Receivable
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 173
Commitments to extend, originate, or purchase credit
Financing Receivable
Allowance for Loan and Lease Losses, Period Increase (Decrease)	7
Consumer:
Financing Receivable
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 90

Loans and ACL - Aging Analysis

Loans and ACL - Aging Analysis of Loans and Leases (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 290,081	$ 289,513
Nonperforming	1,044	1,090
Total loans and leases	290,081	289,513
Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	285,022	284,449
Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	2,101	2,044
Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	1,914	1,930
Commercial: | Commercial and industrial
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	141,060	138,762
Nonperforming	330	394
Total loans and leases	141,060	138,762
Commercial: | Commercial and industrial | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	140,428	138,225
Commercial: | Commercial and industrial | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	280	130
Commercial: | Commercial and industrial | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	22	13
Commercial: | CRE
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	22,774	23,951
Nonperforming	27	29
Total loans and leases	22,774	23,951
Commercial: | CRE | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	22,734	23,902
Commercial: | CRE | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	13	20
Commercial: | CRE | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	0	0
Commercial: | Commercial construction
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	5,220	4,971
Nonperforming	0	7
Total loans and leases	5,220	4,971
Commercial: | Commercial construction | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	5,219	4,962
Commercial: | Commercial construction | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	1	2
Commercial: | Commercial construction | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	0	0
Consumer: | Residential mortgage
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	48,171	47,852
Nonperforming	315	296
Total loans and leases	48,171	47,852
Consumer: | Residential mortgage | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	46,287	46,033
Consumer: | Residential mortgage | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	542	514
Consumer: | Residential mortgage | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	1,027	1,009
Consumer: | Residential mortgage | Financial Asset, Equal to or Greater than 90 Days Past Due | Loans Insured or Guaranteed by US Government Authorities
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	996	978
Consumer: | Residential home equity and direct
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	24,853	25,066
Nonperforming	141	141
Total loans and leases	24,853	25,066
Consumer: | Residential home equity and direct | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	24,558	24,809
Consumer: | Residential home equity and direct | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	142	107
Consumer: | Residential home equity and direct | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	12	9
Consumer: | Indirect auto
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	25,756	26,441
Nonperforming	227	218
Total loans and leases	25,756	26,441
Consumer: | Indirect auto | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	24,999	25,615
Consumer: | Indirect auto | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	529	607
Consumer: | Indirect auto | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	1	1
Consumer: | Indirect other
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	11,043	10,883
Nonperforming	4	5
Total loans and leases	11,043	10,883
Consumer: | Indirect other | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	10,972	10,811
Consumer: | Indirect other | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	65	64
Consumer: | Indirect other | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	2	3
Consumer: | Student
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	6,514	6,780
Nonperforming	0	0
Total loans and leases	6,514	6,780
Consumer: | Student | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	5,210	5,357
Consumer: | Student | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	482	555
Consumer: | Student | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	822	868
Consumer: | Student | Financial Asset, Equal to or Greater than 90 Days Past Due | Loans Insured or Guaranteed by US Government Authorities
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	818	864
Credit card
Financing Receivable [Line Items]
Nonperforming	0	0
Total loans and leases	4,690	4,807
Credit card | Financial Asset, Not Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	4,615	4,735
Credit card | Financing Receivables 30 To 89 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	47	45
Credit card | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 28	$ 27

Loans and ACL - Risk Rating (De

Loans and ACL - Risk Rating (Details) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		$ 290,081	$ 289,513
Financing Receivable, Year One, Originated, Current Fiscal Year		20,034	79,918
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		73,491	41,719
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		37,427	34,135
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		29,476	20,029
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		17,753	12,253
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		43,369	36,138
Revolving Credit		65,063	61,667
Loans Converted to Term		3,594	3,515
Other (1)	[1]	(126)	139
Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		285,022	284,449
Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		2,101	2,044
Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1,914	1,930
Credit card
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		4,690	4,807
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	0
Revolving Credit		4,663	4,780
Loans Converted to Term		24	27
Other (1)	[1]	3	0
Credit card | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		4,615	4,735
Financing Receivable, Year One, Originated, Current Fiscal Year
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year
Financing Receivable, Originated, More than Five Years before Current Fiscal Year
Revolving Credit		4,591	4,711
Loans Converted to Term		21	24
Other (1)	[1]	3	0
Credit card | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		47	45
Financing Receivable, Year One, Originated, Current Fiscal Year
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year
Financing Receivable, Originated, More than Five Years before Current Fiscal Year
Revolving Credit		45	43
Loans Converted to Term		2	2
Other (1)	[1]	0	0
Credit card | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		28	27
Financing Receivable, Year One, Originated, Current Fiscal Year
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year
Financing Receivable, Originated, More than Five Years before Current Fiscal Year
Revolving Credit		27	26
Loans Converted to Term		1	1
Other (1)	[1]	0	0
Commercial: | Commercial and industrial
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		141,060	138,762
Financing Receivable, Year One, Originated, Current Fiscal Year		11,199	36,127
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		31,558	18,026
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		15,775	14,875
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		12,596	9,550
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		8,401	5,786
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		13,559	9,863
Revolving Credit		48,037	44,704
Loans Converted to Term		0	0
Other (1)	[1]	(65)	(169)
Commercial: | Commercial and industrial | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		140,428	138,225
Commercial: | Commercial and industrial | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		280	130
Commercial: | Commercial and industrial | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		22	13
Commercial: | Commercial and industrial | Pass
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		136,548	133,982
Financing Receivable, Year One, Originated, Current Fiscal Year		10,993	35,530
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		30,955	17,430
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		15,100	14,105
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		11,947	8,994
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		7,874	5,633
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		13,160	9,424
Revolving Credit		46,584	43,035
Loans Converted to Term		0	0
Other (1)	[1]	(65)	(169)
Commercial: | Commercial and industrial | Special mention
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1,755	1,866
Financing Receivable, Year One, Originated, Current Fiscal Year		104	195
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		227	221
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		303	326
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		212	317
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		279	46
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		100	70
Revolving Credit		530	691
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | Commercial and industrial | Substandard
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		2,427	2,520
Financing Receivable, Year One, Originated, Current Fiscal Year		98	352
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		334	356
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		361	395
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		375	197
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		238	91
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		256	335
Revolving Credit		765	794
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | Commercial and industrial | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		330	394
Financing Receivable, Year One, Originated, Current Fiscal Year		4	50
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		42	19
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		11	49
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		62	42
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		10	16
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		43	34
Revolving Credit		158	184
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | CRE
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		22,774	23,951
Financing Receivable, Year One, Originated, Current Fiscal Year		1,045	5,171
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,646	3,329
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		3,045	6,126
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		5,565	3,976
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		3,708	2,148
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		3,933	2,500
Revolving Credit		882	762
Loans Converted to Term		0	0
Other (1)	[1]	(50)	(61)
Commercial: | CRE | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		22,734	23,902
Commercial: | CRE | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		13	20
Commercial: | CRE | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		0	0
Commercial: | CRE | Pass
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		20,392	20,698
Financing Receivable, Year One, Originated, Current Fiscal Year		971	4,836
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,396	2,946
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		2,744	5,109
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		4,951	3,201
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		3,093	1,774
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		3,405	2,131
Revolving Credit		882	762
Loans Converted to Term		0	0
Other (1)	[1]	(50)	(61)
Commercial: | CRE | Special mention
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		542	988
Financing Receivable, Year One, Originated, Current Fiscal Year		9	13
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		37	118
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		93	483
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		140	247
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		164	44
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		99	83
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | CRE | Substandard
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1,813	2,236
Financing Receivable, Year One, Originated, Current Fiscal Year		64	321
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		212	264
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		207	523
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		463	528
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		450	321
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		417	279
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | CRE | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		27	29
Financing Receivable, Year One, Originated, Current Fiscal Year		1	1
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1	1
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		1	11
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		11	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1	9
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		12	7
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | Commercial construction
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		5,220	4,971
Financing Receivable, Year One, Originated, Current Fiscal Year		422	1,120
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1,223	1,206
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		1,160	1,377
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		995	536
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		407	66
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		181	95
Revolving Credit		832	558
Loans Converted to Term		0	0
Other (1)	[1]	0	13
Commercial: | Commercial construction | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		5,219	4,962
Commercial: | Commercial construction | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1	2
Commercial: | Commercial construction | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		0	0
Commercial: | Commercial construction | Pass
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		4,998	4,679
Financing Receivable, Year One, Originated, Current Fiscal Year		417	1,113
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1,219	1,179
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		1,124	1,259
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		896	419
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		346	44
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		164	95
Revolving Credit		832	558
Loans Converted to Term		0	0
Other (1)	[1]	0	12
Commercial: | Commercial construction | Special mention
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		84	136
Financing Receivable, Year One, Originated, Current Fiscal Year		4	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	14
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		14	72
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		66	50
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	0
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | Commercial construction | Substandard
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		138	149
Financing Receivable, Year One, Originated, Current Fiscal Year		1	7
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4	13
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		22	45
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		33	67
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		61	17
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		17	0
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Commercial: | Commercial construction | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		0	7
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	1
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	5
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	0
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	1
Consumer: | Residential mortgage
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		48,171	47,852
Financing Receivable, Year One, Originated, Current Fiscal Year		2,077	17,333
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		17,823	6,878
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		6,621	3,783
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		3,387	1,953
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1,811	2,383
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		16,452	15,431
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	91
Consumer: | Residential mortgage | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		46,287	46,033
Financing Receivable, Year One, Originated, Current Fiscal Year		2,066	17,271
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		17,749	6,798
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		6,519	3,642
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		3,238	1,753
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1,621	2,237
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		15,094	14,240
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	92
Consumer: | Residential mortgage | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		542	514
Financing Receivable, Year One, Originated, Current Fiscal Year		10	58
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		66	31
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		43	32
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		35	40
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		35	31
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		353	322
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Residential mortgage | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1,027	1,009
Financing Receivable, Year One, Originated, Current Fiscal Year		1	3
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4	44
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		52	91
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		93	133
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		128	95
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		749	643
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Residential mortgage | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		315	296
Financing Receivable, Year One, Originated, Current Fiscal Year		0	1
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4	5
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		7	18
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		21	27
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		27	20
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		256	226
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	(1)
Consumer: | Residential home equity and direct
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		24,853	25,066
Financing Receivable, Year One, Originated, Current Fiscal Year		1,482	4,972
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,377	2,641
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		2,279	1,731
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		1,460	695
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		564	190
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		487	435
Revolving Credit		10,649	10,863
Loans Converted to Term		3,570	3,488
Other (1)	[1]	(15)	51
Consumer: | Residential home equity and direct | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		24,558	24,809
Financing Receivable, Year One, Originated, Current Fiscal Year		1,481	4,962
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,361	2,630
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		2,268	1,717
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		1,447	691
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		560	189
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		476	425
Revolving Credit		10,534	10,757
Loans Converted to Term		3,446	3,388
Other (1)	[1]	(15)	50
Consumer: | Residential home equity and direct | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		142	107
Financing Receivable, Year One, Originated, Current Fiscal Year		1	8
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		12	8
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		8	10
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		9	3
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		3	1
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		4	3
Revolving Credit		67	53
Loans Converted to Term		38	21
Other (1)	[1]	0	0
Consumer: | Residential home equity and direct | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		12	9
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	0
Revolving Credit		6	5
Loans Converted to Term		5	4
Other (1)	[1]	0	0
Consumer: | Residential home equity and direct | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		141	141
Financing Receivable, Year One, Originated, Current Fiscal Year		0	2
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		3	3
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		3	4
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		4	1
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		7	7
Revolving Credit		42	48
Loans Converted to Term		81	75
Other (1)	[1]	0	1
Consumer: | Indirect auto
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		25,756	26,441
Financing Receivable, Year One, Originated, Current Fiscal Year		2,374	10,846
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		9,976	6,877
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		6,105	4,499
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		3,951	2,296
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1,974	1,158
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		1,376	576
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	189
Consumer: | Indirect auto | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		24,999	25,615
Financing Receivable, Year One, Originated, Current Fiscal Year		2,369	10,699
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		9,794	6,691
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		5,938	4,293
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		3,775	2,158
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1,860	1,081
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		1,263	504
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	189
Consumer: | Indirect auto | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		529	607
Financing Receivable, Year One, Originated, Current Fiscal Year		5	119
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		139	138
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		116	145
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		116	97
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		75	56
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		78	52
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Indirect auto | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		1	1
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	1
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Indirect auto | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		227	218
Financing Receivable, Year One, Originated, Current Fiscal Year		0	28
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		42	48
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		51	61
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		60	41
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		39	21
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		35	19
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Other
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		11,043	10,883
Financing Receivable, Year One, Originated, Current Fiscal Year		1,435	4,349
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		3,888	2,741
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		2,422	1,655
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		1,440	949
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		820	459
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		1,038	697
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	33
Consumer: | Other | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		10,972	10,811
Financing Receivable, Year One, Originated, Current Fiscal Year		1,433	4,333
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		3,869	2,724
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		2,405	1,638
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		1,424	937
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		812	455
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		1,029	691
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	33
Consumer: | Other | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		65	64
Financing Receivable, Year One, Originated, Current Fiscal Year		2	14
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		18	15
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		16	15
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		13	12
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		8	4
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		8	4
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Other | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		2	3
Financing Receivable, Year One, Originated, Current Fiscal Year		0	1
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		1	1
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		1	1
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		0	0
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Other | Nonperforming
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		4	5
Financing Receivable, Year One, Originated, Current Fiscal Year		0	1
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	1
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	1
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		3	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		1	2
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Student
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		6,514	6,780
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	21
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		20	89
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		82	74
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		68	63
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		6,343	6,541
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	1	(8)
Consumer: | Student | Financial Asset, Not Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		5,210	5,357
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	21
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		20	88
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		82	73
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		66	61
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		5,041	5,122
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	1	(8)
Consumer: | Student | Financing Receivables 30 To 89 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		482	555
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	1
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	1
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1	1
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		481	552
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	0	0
Consumer: | Student | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable
Financing Receivable, before Allowance for Credit Loss		822	868
Financing Receivable, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year		1	1
Financing Receivable, Originated, More than Five Years before Current Fiscal Year		821	867
Revolving Credit		0	0
Loans Converted to Term		0	0
Other (1)	[1]	$ 0	$ 0
[1]	Includes certain deferred fees and costs, unapplied payments, and other adjustments.

Loans and ACL - Allowance for C

Loans and ACL - Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022		Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Provision for credit losses	$ (95)		$ 48
Commercial: | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	1,426		2,204
Charge-Offs	(31)		(79)
Recoveries	17		19
Provision for credit losses	(93)		(8)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	1,319		2,136
Commercial: | CRE
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	350		573
Charge-Offs	(1)		(4)
Recoveries	1		1
Provision for credit losses	(67)		(26)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	283		544
Commercial: | Commercial construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	52		81
Charge-Offs	(1)		(2)
Recoveries	1		1
Provision for credit losses	1		(3)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	53		77
Consumer: | Residential mortgage
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	308		368
Charge-Offs	(2)		(11)
Recoveries	6		2
Provision for credit losses	(2)		(16)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	310		343
Consumer: | Residential home equity and direct
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	615		714
Charge-Offs	(58)		(55)
Recoveries	20		18
Provision for credit losses	(3)		30
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	574		707
Consumer: | Indirect auto
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	1,022		1,198
Charge-Offs	(102)		(105)
Recoveries	23		22
Provision for credit losses	14		61
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	957		1,176
Consumer: | Indirect other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	195		208
Charge-Offs	(19)		(17)
Recoveries	6		6
Provision for credit losses	29		(10)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	211		187
Consumer: | Student
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	117		130
Charge-Offs	(6)		(3)
Recoveries	0		0
Provision for credit losses	3		2
Allowance for Loan and Lease Losses, Adjustments, Other	1	[1]	2
ACL, ending balance	115		131
Credit card
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	350		359
Charge-Offs	(41)		(40)
Recoveries	9		9
Provision for credit losses	30		33
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	348		361
ALLL
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	4,435		5,835
Charge-Offs	(261)		(316)
Recoveries	83		78
Provision for credit losses	(88)		63
Allowance for Loan and Lease Losses, Adjustments, Other	1	[1]	2
ACL, ending balance	4,170		5,662
RUFC
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	260		364
Charge-Offs	0		0
Recoveries	0		0
Provision for credit losses	(7)		(15)
Allowance for Loan and Lease Losses, Adjustments, Other	0	[1]	0
ACL, ending balance	253		349
ACL
Financing Receivable, Allowance for Credit Loss [Roll Forward]
ACL, beginning balance	4,695		6,199
Charge-Offs	(261)		(316)
Recoveries	83		78
Provision for credit losses	(95)		48
Allowance for Loan and Lease Losses, Adjustments, Other	1	[1]	2
ACL, ending balance	$ 4,423		$ 6,011
[1]	Includes the amounts for the ALLL for PCD acquisitions, and other activity.

Loans and ACL - Nonperforming L

Loans and ACL - Nonperforming Loans (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	$ 168	$ 145
Recorded Investment With an ALLL	876	945
Commercial: | Commercial and industrial
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	139	125
Recorded Investment With an ALLL	191	269
Commercial: | CRE
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	18	12
Recorded Investment With an ALLL	9	17
Commercial: | Commercial construction
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	0	0
Recorded Investment With an ALLL	0	7
Consumer: | Residential mortgage
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	5	4
Recorded Investment With an ALLL	310	292
Consumer: | Residential home equity and direct
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	3	3
Recorded Investment With an ALLL	138	138
Consumer: | Indirect auto
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	3	1
Recorded Investment With an ALLL	224	217
Consumer: | Indirect other
Financing Receivable, Nonperforming [Line Items]
Recorded Investment Without an ALLL	0	0
Recorded Investment With an ALLL	$ 4	$ 5

Loans and ACL - Summary of Nonp

Loans and ACL - Summary of Nonperforming Assets and Residential Mortgage Loans in the Process of Foreclosure (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable
Nonperforming	$ 1,044	$ 1,090
Foreclosed real estate	3	8
Other foreclosed property	49	43
Total nonperforming assets	1,135	1,163
Residential mortgage loans in the process of foreclosure	208	135
LHFS
Financing Receivable
Nonperforming	$ 39	$ 22

Loans and ACL - Summary of TDRs

Loans and ACL - Summary of TDRs (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	$ 1,704	$ 1,542
ALLL attributable to TDRs	87	102
Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	1,515	1,390
Nonperforming TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	189	152
Commercial: | Commercial and industrial | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	104	147
Commercial: | CRE | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	5	5
Commercial: | Commercial construction | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	1	0
Consumer: | Residential mortgage | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	866	692
Consumer: | Residential home equity and direct | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	91	98
Consumer: | Indirect auto | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	392	389
Consumer: | Indirect other | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	6	7
Consumer: | Student | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	25	25
Credit card | Performing TDRs
Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring	$ 25	$ 27

Loans and ACL - Types of Modifi

Loans and ACL - Types of Modifications and Allowance at Period End (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	$ 1,704		$ 1,542
Newly Designated TDRs | Commercial:
Financing Receivable, Troubled Debt Restructuring [Line Items]
ALLL at Period End	0	$ 13
Financing Receivable, Troubled Debt Restructuring, Premodification	10	147
Newly Designated TDRs | Consumer:
Financing Receivable, Troubled Debt Restructuring [Line Items]
ALLL at Period End	15	13
Financing Receivable, Troubled Debt Restructuring, Premodification	329	233
Newly Designated TDRs | Credit card
Financing Receivable, Troubled Debt Restructuring [Line Items]
ALLL at Period End	1	2
Financing Receivable, Troubled Debt Restructuring, Premodification	2	4
Newly Designated TDRs | Rate | Commercial:
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	0	27
Newly Designated TDRs | Rate | Consumer:
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	148	75
Newly Designated TDRs | Rate | Credit card
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	2	4
Newly Designated TDRs | Structure | Commercial:
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	8	103
Newly Designated TDRs | Structure | Consumer:
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	191	155
Newly Designated TDRs | Structure | Credit card
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	0	0
Re-Modification of Previously Designated TDRs | Rate
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	21	14
Re-Modification of Previously Designated TDRs | Structure
Financing Receivable, Troubled Debt Restructuring [Line Items]
TDRs	11	$ 14
Performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	1,515		1,390
Performing | Commercial: | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	104		147
Performing | Commercial: | CRE
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	5		5
Performing | Commercial: | Commercial construction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	1		0
Performing | Consumer: | Residential mortgage
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	866		692
Performing | Consumer: | Residential home equity and direct
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	91		98
Performing | Consumer: | Indirect auto
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	392		389
Performing | Consumer: | Indirect other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	6		7
Performing | Consumer: | Student
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	25		25
Performing | Credit card
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Troubled Debt Restructuring	$ 25		$ 27

Loans and ACL - Selected Inform

Loans and ACL - Selected Information About Loans and Leases (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable [Line Items]
Unearned income, discounts, and net deferred loan fees and costs	$ 537	$ 849

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Narrative (Details) - CB&W - SunTrust Merchant Services, LLC $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Goodwill Adjustments [Line Items]
Asset Acquisition, Consideration Transferred	$ 175
Finite-Lived Intangible Assets, Period Increase (Decrease)	$ 282
Weighted average term	12 years
gain on redemption of nonontrolling interest	$ 74

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Rollforward of Goodwill by Operating Segment (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 26,098	$ 24,447
Goodwill, Acquired During Period	187	1,724
Adjustments and other	(1)	(73)
Goodwill, Ending Balance	26,284	26,098
CB&W
Goodwill [Line Items]
Goodwill, Beginning Balance	16,870	15,841
Goodwill, Acquired During Period	0	1,168
Adjustments and other	(1)	(139)
Goodwill, Ending Balance	16,869	16,870
C&CB
Goodwill [Line Items]
Goodwill, Beginning Balance	6,149	6,167
Goodwill, Acquired During Period	0	0
Adjustments and other	0	(18)
Goodwill, Ending Balance	6,149	6,149
IH
Goodwill [Line Items]
Goodwill, Beginning Balance	3,079	2,439
Goodwill, Acquired During Period	187	556
Adjustments and other	0	84
Goodwill, Ending Balance	$ 3,266	$ 3,079

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Identifiable Intangible Assets (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 6,094	$ 5,679
Accumulated Amortization	(2,401)	(2,271)
Net Carrying Amount	3,693	3,408
CDI
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,563	2,563
Accumulated Amortization	(1,267)	(1,190)
Net Carrying Amount	1,296	1,373
Other, primarily client relationship intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,531	3,116
Accumulated Amortization	(1,134)	(1,081)
Net Carrying Amount	$ 2,397	$ 2,035

Loan Servicing - Narrative (Det

Loan Servicing - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Servicing Assets at Fair Value [Line Items]
Servicing Asset at Fair Value, Amount	$ 3,013	$ 2,633
Other
Servicing Assets at Fair Value [Line Items]
Servicing Asset at Fair Value, Amount	$ 41	$ 48

Loan Servicing - Residential Mo

Loan Servicing - Residential Mortgage Banking Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing fees recognized from mortgage loans serviced for others	$ 2,142	$ 2,197
Residential mortgage
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
UPB of residential mortgage loan servicing portfolio	246,664		$ 246,727
UPB of residential mortgage loans serviced for others, primarily agency conforming fixed rate	195,737		196,011
Mortgage loans sold with recourse	221		244
Maximum recourse exposure from mortgage loans sold with recourse liability	137		155
Indemnification, recourse and repurchase reserves	73		$ 74
UPB of residential mortgage loans sold from LHFS	8,818	9,489
Pre-tax gains recognized on mortgage loans sold and held for sale	$ 39	$ 119
Approximate weighted average servicing fee on the outstanding balance of residential mortgage loans serviced for others	0.31%	0.31%
Weighted average interest rate on mortgage loans serviced for others	3.41%	3.76%
Bank Servicing | Residential mortgage
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Servicing fees recognized from mortgage loans serviced for others	$ 145	$ 141

Loan Servicing - Analysis of Ac

Loan Servicing - Analysis of Activity in Residential MSRs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Servicing Asset at Fair Value, Amount [Roll Forward]
MSRs, carrying value, beginning balance	$ 2,633
MSRs, carrying value, ending balance	3,013
Residential MSRs
Servicing Asset at Fair Value, Amount [Roll Forward]
MSRs, carrying value, beginning balance	2,305	$ 1,778
Additions	147	174
Realization of expected net servicing cash flows, passage of time and other	(110)	(209)
MSRs, carrying value, ending balance	2,692	2,103
Change in fair value due to changes in valuation inputs or assumptions:
Prepayment speeds	376	219
OAS	$ (26)	$ 141

Loan Servicing - Residential MS

Loan Servicing - Residential MSR Sensitivity (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Residential MSRs
Servicing Assets at Fair Value [Line Items]
Composition of loans serviced for others	100.00%	100.00%
Residential MSRs | Min
Servicing Assets at Fair Value [Line Items]
Prepayment speed	10.00%	11.40%
OAS	1.20%	1.50%
Residential MSRs | Max
Servicing Assets at Fair Value [Line Items]
Prepayment speed	12.80%	15.30%
OAS	11.20%	10.70%
Residential MSRs | Weighted Average
Servicing Assets at Fair Value [Line Items]
Prepayment speed	11.10%	13.80%
Effect on fair value of a 10% increase	$ (104)	$ (113)
Effect on fair value of a 20% increase	$ (199)	$ (216)
OAS	4.30%	4.20%
Effect on fair value of a 10% increase	$ (44)	$ (37)
Effect on fair value of a 20% increase	$ (87)	$ (73)
Weighted average life	6 years	5 years 2 months 12 days
Fixed-rate residential mortgage loans
Servicing Assets at Fair Value [Line Items]
Composition of loans serviced for others	99.30%	99.30%
Adjustable-rate residential mortgage loans
Servicing Assets at Fair Value [Line Items]
Composition of loans serviced for others	0.70%	0.70%

Loan Servicing - Commercial Mor

Loan Servicing - Commercial Mortgage Banking Activities (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Servicing Assets at Fair Value [Line Items]
MSRs at fair value	$ 3,013	$ 2,633
CRE
Servicing Assets at Fair Value [Line Items]
UPB of CRE mortgages serviced for others	37,397	37,960
Mortgage loans sold with recourse	9,938	10,243
Maximum recourse exposure from CRE mortgages sold with recourse liability	2,861	2,958
Recorded reserves related to recourse exposure	15	16
CRE mortgages originated during the year-to-date period	1,557	9,380
MSRs at fair value	$ 280	$ 280

Other Assets and Liabilites - N

Other Assets and Liabilites - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Narrative [Abstract]
Bank-Owned Life Insurance	$ 7,500	$ 7,300

Other Assets and Liabilites - S

Other Assets and Liabilites - Schedule of Right of Use Assets and Future Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Right of Use Assets
Right-of-Use Asset, Operating Leases	$ 1,126		$ 1,168
Right-of-Use Asset, Finance Leases	22		22
Operating Lease Liabilities, Payments Due
Total lease liabilities, Operating Leases	$ 1,529		$ 1,600
Weighted Average Remaining Lease Term, Operating Leases	6 years 6 months		6 years 7 months 6 days
Weighted Average Discount Rate, Percent, Operating Leases	2.30%		2.30%
Operating Lease, Cost	$ 85	$ 85
Finance Lease Liabilities, Payments, Due
Total lease liabilities, Finance Leases	$ 26		$ 26
Weighted Average Remaining Lease Term, Finance Leases	6 years 2 months 12 days		6 years 4 months 24 days
Weighted Average Discount Rate, Percent, Finance Leases	3.40%		3.50%

Other Assets and Liabilites -_2

Other Assets and Liabilites - Schedule of Assets Held Under Operating Leases and Related Activities (Details) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Other Assets and Liabilities
Assets held under operating leases (1)	[1]	$ 2,034	$ 2,110
Accumulated depreciation		(524)	(539)
Net		$ 1,510	$ 1,571
[1]	(1) Includes certain land parcels subject to operating leases that have indefinite lives.

Borrowings - Short-term Borrowi

Borrowings - Short-term Borrowings (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Short-term Debt	$ 5,147	$ 5,292
Securities Sold under Agreements to Repurchase
Short-term Debt [Line Items]
Short-term Debt	2,367	2,435
Dealer Collateral
Short-term Debt [Line Items]
Short-term Debt	380	318
Master Notes
Short-term Debt [Line Items]
Short-term Debt	683	808
Securities sold short
Short-term Debt [Line Items]
Short-term Debt	$ 1,717	$ 1,731

Borrowings - Schedule of Long T

Borrowings - Schedule of Long Term Debt, Interest Rates and Maturity Dates (Details) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		$ 33,773	$ 35,913
Truist Financial Corporation | Senior notes | Fixed rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		12,038	13,271	[1]
Truist Financial Corporation | Senior notes | Floating rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		999	1,348	[1]
Truist Financial Corporation | Subordinated notes | Fixed rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[2]	927	1,254
Truist Financial Corporation | Capital Notes
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[2]	621	620
Truist Financial Corporation | Structured Notes
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[3]	11	11
Truist Bank | Senior notes | Fixed rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		9,442	9,545	[1]
Truist Bank | Senior notes | Floating rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		2,398	2,399	[1]
Truist Bank | Subordinated notes | Fixed rate
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[2]	4,908	5,043
Truist Bank | FHLB advances
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount		860	863
Truist Bank | Other long-term debt
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[4]	1,275	1,263
Nonbank | Other long-term debt
Debt Instruments [Line Items]
Long-term Debt, Carrying Amount	[5]	$ 294	$ 296
[1]	Prior period was revised to reclassify certain floating rate senior notes that were reported as fixed rate senior notes at December 31, 2021.
[2]	Subordinated and capital notes with a remaining maturity of one year or greater qualify under the risk-based capital guidelines as Tier 2 supplementary capital, subject to certain limitations.
[3]	Consist of notes with various terms that include fixed or floating rate interest or returns that are linked to an equity index.
[4]	Includes debt associated with finance leases, tax credit investments, and other.
[5]	Includes debt associated with structured real estate leases.

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - Common Stock $ in Millions	Mar. 31, 2022USD ($)
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount	$ 4,200
Common stock, remaining dollar amount authorized for repurchase	$ 2,600

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Cash Dividends Declared per Share (Details) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Equity [Abstract]
Cash dividends declared per share	$ 0.48	$ 0.45

AOCI (Details)

AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Amounts reclassified from AOCI:
OCI	$ (4,931)	$ (2,232)
Pension and OPEB Costs
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	(86)	(875)
OCI before reclassifications, net of tax	2	28
Amounts reclassified from AOCI:
OCI	8	35
AOCI, ending balance	(78)	(840)
Pension and OPEB Costs | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	8	9
Tax effect	2	2
Amounts reclassified, net of tax	6	7
Cash Flow Hedges
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	(9)	(64)
OCI before reclassifications, net of tax	0	0
Amounts reclassified from AOCI:
OCI	5	36
AOCI, ending balance	(4)	(28)
Cash Flow Hedges | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	6	47
Tax effect	1	11
Amounts reclassified, net of tax	5	36
AFS Securities
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	(1,510)	1,654
OCI before reclassifications, net of tax	(5,036)	(2,408)
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), before Tax	2,872
Amounts reclassified from AOCI:
OCI		(2,304)
AOCI, ending balance	(3,627)	(650)
AFS Securities | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	61	136
Tax effect	14	32
Amounts reclassified, net of tax	47	104
HTM Securities
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	0	0
OCI before reclassifications, net of tax	0	0
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), before Tax	(2,872)
Amounts reclassified from AOCI:
OCI	44	0
AOCI, ending balance	(2,828)	0
HTM Securities | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	57	0
Tax effect	13	0
Amounts reclassified, net of tax	44	0
Other, net
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	1	1
OCI before reclassifications, net of tax	1	1
Amounts reclassified from AOCI:
OCI	1	1
AOCI, ending balance	2	2
Other, net | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	0	0
Tax effect	0	0
Amounts reclassified, net of tax	0	0
Total
AOCI, Net of Tax [Roll Forward]
AOCI, beginning balance	(1,604)	716
OCI before reclassifications, net of tax	(5,033)	(2,379)
Amounts reclassified from AOCI:
OCI	(4,931)	(2,232)
AOCI, ending balance	(6,535)	(1,516)
Total | Amounts reclassified from AOCI
Amounts reclassified from AOCI:
Before tax	132	192
Tax effect	30	45
Amounts reclassified, net of tax	$ 102	$ 147

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Contingency [Line Items]
Provision for income taxes	$ 330	$ 351
Effective Income Tax Rate, Percent	18.90%	19.20%

Benefit Plans - Narrative (Deta

Benefit Plans - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discretionary contributions	$ 351

Benefit Plans - Summary of the

Benefit Plans - Summary of the Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net periodic pension cost:
Service cost	$ 139	$ 158
Interest cost	88	79
Estimated return on plan assets	(269)	(249)
Net amortization and other	8	8
Net periodic (benefit) cost	$ (34)	$ (4)

Commitments and Contingencies -

Commitments and Contingencies - Narrative - (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Other Commitments [Line Items]
Other Liabilities	$ 11,687	$ 14,277
Trading assets at fair value	5,920	4,423
Variable Interest Entity & TRS Contracts
Other Commitments [Line Items]
VIE Assets	1,627	1,519
Other Liabilities	104	50
Trading assets at fair value	1,602	$ 1,491
Max
Loss Contingency [Abstract]
Loss Contingency, Range of Possible Loss, Portion Not Accrued	$ 200

Commitments and Contingencies_2

Commitments and Contingencies - Summary (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Investments in affordable housing projects
Tax Credit and Certain Equity Investments
Carrying amount	$ 4,133	$ 4,107
Amount of future funding commitments included in carrying amount	1,346	1,285
Lending exposure	942	763
Renewable Energy Investments
Tax Credit and Certain Equity Investments
Carrying amount	199	257
Amount of future funding commitments not included in carrying amount	70	71
Private equity and certain other equity method investments:
Tax Credit and Certain Equity Investments
Carrying amount	1,925	1,822
Amount of future funding commitments not included in carrying amount	$ 435	$ 411

Commitments and Contingencies_3

Commitments and Contingencies - Tax Credits and Amortization (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Investments in affordable housing projects
Income Tax Contingency [Line Items]
Investment tax credit		$ 127	$ 120
Amortization and other changes in carrying amount		124	119
Other Community Development Investment
Income Tax Contingency [Line Items]
Investment tax credit		23	23
Amortization and other changes in carrying amount		19	19
Renewable energy investments
Income Tax Contingency [Line Items]
Investment tax credit	[1]	37	39
Amortization and other changes in carrying amount		$ 4	$ 0
[1]	Tax credits received for these investments are recorded as a reduction to the carrying value of these investments

Commitments and Contingencies_4

Commitments and Contingencies - Off-Balance Sheet Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Residential mortgage
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional amount	$ 221	$ 244
CRE
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional amount	9,938	10,243
Indirect other
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional amount	594	588
Commitments to extend, originate, or purchase credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional amount	202,695	198,658
Letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional amount	$ 5,818	$ 5,568

Commitments and Contingencies_5

Commitments and Contingencies - Pledged Assets (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Pledged securities	$ 28,614	$ 29,678
Federal Reserve Bank Advances [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Pledged Financial Instruments, Not Separately Reported, Loans Receivable, for Other Arrangements	70,815	73,349
Line of Credit Facility, Remaining Borrowing Capacity	51,876	52,170
FHLB Advances
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Pledged Financial Instruments, Not Separately Reported, Loans Receivable, for Other Arrangements	60,151	64,698
Line of Credit Facility, Remaining Borrowing Capacity	$ 45,961	$ 49,244

Fair Value Disclosures - Narrat

Fair Value Disclosures - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Investments excluded from Fair Value Hierarchy, net asset value practical expedient	$ 495	$ 440
Loans Held-for-sale	3,364	3,544
Carrying value of unfunded commitments	253	260
Nonperforming
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Loans Held-for-sale		22
Carrying Amount
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Loans Held-for-sale	662	1,200
Level 3
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Loans Held-for-sale	$ 0	$ 0

Fair Value Disclosures - Assets

Fair Value Disclosures - Assets and Liabilities Measured on a Recurring Basis (Details) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Assets
Trading assets		$ 5,920	$ 4,423
AFS securities		84,753	153,123
Loans Held for Sale, Fair Value		3,364	3,544
Loans and leases		21	23
Servicing Asset at Fair Value, Amount		3,013	2,633
Derivative Asset, Net		2,113	2,370
Derivative Asset, Gross		3,735	4,027
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset		(1,622)	(1,657)
Equity securities		1,024	1,066
Total assets		100,208	167,182
Liabilities
Derivative liabilities		1,482	586
Derivative Liability, Gross		4,569	3,536
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset		(3,087)	(2,950)
Financial Instruments Sold, Not yet Purchased, at Fair Value		1,717	1,731
Total liabilities		3,199	2,317
Level 1
Assets
Trading assets		273	285
AFS securities		0	0
Loans Held for Sale, Fair Value		0	0
Loans and leases		0	0
Servicing Asset at Fair Value, Amount		0	0
Derivative Asset, Gross		739	887
Equity securities		812	967
Total assets		1,824	2,139
Liabilities
Derivative Liability, Gross		360	438
Financial Instruments Sold, Not yet Purchased, at Fair Value		13	8
Total liabilities		373	446
Level 2
Assets
Trading assets		5,647	4,138
AFS securities		84,753	153,123
Loans Held for Sale, Fair Value		3,364	3,544
Loans and leases		0	0
Servicing Asset at Fair Value, Amount		0	0
Derivative Asset, Gross		2,989	3,110
Equity securities		212	99
Total assets		96,965	164,014
Liabilities
Derivative Liability, Gross		4,128	3,056
Financial Instruments Sold, Not yet Purchased, at Fair Value		1,704	1,723
Total liabilities		5,832	4,779
Level 3
Assets
Trading assets		0	0
AFS securities		0	0
Loans Held for Sale, Fair Value		0	0
Loans and leases		21	23
Servicing Asset at Fair Value, Amount		3,013	2,633
Derivative Asset, Gross		7	30
Equity securities		0	0
Total assets		3,041	2,686
Liabilities
Derivative Liability, Gross		81	42
Financial Instruments Sold, Not yet Purchased, at Fair Value		0	0
Total liabilities		81	42
U.S. Treasury
Assets
Trading assets		965	125
AFS securities		9,412	9,795
U.S. Treasury | Level 1
Assets
Trading assets		0	0
AFS securities		0	0
U.S. Treasury | Level 2
Assets
Trading assets		965	125
AFS securities		9,412	9,795
U.S. Treasury | Level 3
Assets
Trading assets		0	0
AFS securities		0	0
GSE
Assets
Trading assets		391	306
AFS securities		245	1,698
GSE | Level 1
Assets
Trading assets		0	0
AFS securities		0	0
GSE | Level 2
Assets
Trading assets		391	306
AFS securities		245	1,698
GSE | Level 3
Assets
Trading assets		0	0
AFS securities		0	0
Agency MBS | Agency MBS - residential
Assets
Trading assets		1,164	1,016
AFS securities		68,238	134,042
Agency MBS | Commercial Mortgage Backed Securities
Assets
Trading assets		52	13
AFS securities		2,659	2,882
Agency MBS | Level 1 | Agency MBS - residential
Assets
Trading assets		0	0
AFS securities		0	0
Agency MBS | Level 1 | Commercial Mortgage Backed Securities
Assets
Trading assets		0	0
AFS securities		0	0
Agency MBS | Level 2 | Agency MBS - residential
Assets
Trading assets		1,164	1,016
AFS securities		68,238	134,042
Agency MBS | Level 2 | Commercial Mortgage Backed Securities
Assets
Trading assets		52	13
AFS securities		2,659	2,882
Agency MBS | Level 3 | Agency MBS - residential
Assets
Trading assets		0	0
AFS securities		0	0
Agency MBS | Level 3 | Commercial Mortgage Backed Securities
Assets
Trading assets		0	0
AFS securities		0	0
States and political subdivisions
Assets
Trading assets		69	91
AFS securities		370	420
States and political subdivisions | Level 1
Assets
Trading assets		0	0
AFS securities		0	0
States and political subdivisions | Level 2
Assets
Trading assets		69	91
AFS securities		370	420
States and political subdivisions | Level 3
Assets
Trading assets		0	0
AFS securities		0	0
Corporate and other debt securities
Assets
Trading assets		1,023	738
Corporate and other debt securities | Level 1
Assets
Trading assets		0	0
Corporate and other debt securities | Level 2
Assets
Trading assets		1,023	738
Corporate and other debt securities | Level 3
Assets
Trading assets		0	0
Loans
Assets
Trading assets		1,933	1,791
Loans | Level 1
Assets
Trading assets		0	0
Loans | Level 2
Assets
Trading assets		1,933	1,791
Loans | Level 3
Assets
Trading assets		0	0
Other
Assets
Trading assets		323	343
AFS securities		26	28
Other | Level 1
Assets
Trading assets		273	285
AFS securities		0	0
Other | Level 2
Assets
Trading assets		50	58
AFS securities		26	28
Other | Level 3
Assets
Trading assets		0	0
AFS securities		0	0
Non-agency MBS
Assets
AFS securities		3,803	4,258
Non-agency MBS | Level 1
Assets
AFS securities		0	0
Non-agency MBS | Level 2
Assets
AFS securities		3,803	4,258
Fair Value, Concentration of Credit Risk, Master Netting Arrangements
Assets
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset	[1]	(1,622)	(1,657)
Liabilities
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset	[1]	$ (3,087)	$ (2,950)
[1]	Refer to “Note 16. Derivative Financial Instruments” for additional discussion on netting adjustments.

Fair Value Disclosures - Rollfo

Fair Value Disclosures - Rollforward of Level 3 Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Loans and Leases
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 23	$ 0
Included in earnings	0	0
Issuances	0	0
Settlements	0	0
Other	(2)
Ending balance	21	0
Change in unrealized gains (losses) included in earnings for the period, attributable to assets and liabilities still held	0
MSRs
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance		2,023
Included in earnings	357	374
Issuances	158	192
Settlements	(135)	(224)
Other	0
Ending balance	3,013	2,365
Change in unrealized gains (losses) included in earnings for the period, attributable to assets and liabilities still held	357
Net Derivatives
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	2,633	172
Included in earnings	(170)	(164)
Issuances	17	96
Settlements	91	(114)
Other	0
Ending balance	(74)	$ (10)
Change in unrealized gains (losses) included in earnings for the period, attributable to assets and liabilities still held	(45)
Private Equity Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ (12)

Fair Value Disclosures - Fair V

Fair Value Disclosures - Fair Value Option (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Disclosures
Loans Held for Sale, Fair Value	$ 3,364	$ 3,544
UPB	3,405	3,450
Difference	(41)	94
Loans Receivable, Fair Value Disclosure	21	23
Trading loans
Fair Value Disclosures
Fair Value	1,933	1,791
UPB	1,944	1,784
Difference	(11)	7
Loans and leases
Fair Value Disclosures
UPB	23	35
Difference	$ (2)	$ (12)

Fair Value Disclosures - Measur

Fair Value Disclosures - Measured on a Nonrecurring Basis (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	$ 21		$ 23
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	21		23
LHFS | Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value:	141		101
Valuation adjustments:	(3)	$ (16)
Loans and Leases | Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	429		443
Valuation adjustments:	(97)	(154)
Other | Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value:	52		$ 100
Valuation adjustments:	$ (139)	$ (95)

Fair Value Disclosures - Financ

Fair Value Disclosures - Financial Assets and Liabilities Not Recorded at Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financial assets:
HTM securities	$ 59,124	$ 1,495
Loans and leases HFI, net of ALLL	285,911	285,078
Financial liabilities:
Long-term debt	33,773	35,913
Carrying Amount
Financial assets:
HTM securities	61,662	1,494
Loans and leases HFI, net of ALLL	285,890	285,055
Financial liabilities:
Time deposits	14,476	15,886
Long-term debt	33,773	35,913
Fair Value | Level 2
Financial assets:
HTM securities	59,124	1,495
Financial liabilities:
Time deposits	14,582	16,017
Long-term debt	33,275	36,251
Fair Value | Level 3
Financial assets:
Loans and leases HFI, net of ALLL	$ 282,709	$ 284,914

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Notional Amount	$ 320,532	$ 300,572
Amortized Cost	89,476	155,088
Cash flow hedges
Derivative [Line Items]
Notional Amount	0	0
Fair value hedges | Available-for-sale Securities
Derivative [Line Items]
Amortized Cost	$ 51,300	$ 110,600

Derivative Financial Instrume_4

Derivative Financial Instruments - Classifications and Hedging Relationships (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	$ 320,532	$ 300,572
Derivative Asset, Fair Value, Gross	3,735	4,027
Derivative Liability, Fair Value, Gross	(4,569)	(3,536)
Derivative Asset [Abstract]
Amounts subject to master netting arrangements	(1,290)	(1,312)
Cash collateral (received) posted for amounts subject to master netting arrangements	(332)	(345)
Net Amount in Consolidated Balance Sheets	2,113	2,370
Derivative Liability [Abstract]
Amounts subject to master netting arrangements	1,290	1,312
Cash collateral (received) posted for amounts subject to master netting arrangements	1,797	1,638
Net amount	(1,482)	(586)
Interest rate contracts | Fair value hedges
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	14,141	25,401
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	(34)	(8)
Interest rate contracts | Swap | Long-term debt | Fair value hedges
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	7,043	12,690
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	(34)	(6)
Interest rate contracts | Swap | AFS securities | Fair value hedges
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	7,098	12,711
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	0	(2)
Not designated as hedges
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	306,391	275,171
Derivative Asset, Fair Value, Gross	3,735	4,027
Derivative Liability, Fair Value, Gross	(4,535)	(3,528)
Not designated as hedges | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	264,978	244,348
Derivative Asset, Fair Value, Gross	3,517	3,981
Derivative Liability, Fair Value, Gross	(4,417)	(3,506)
Not designated as hedges | Interest rate contracts | Mortgage banking
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	12,413	11,941
Derivative Asset, Fair Value, Gross	159	38
Derivative Liability, Fair Value, Gross	(52)	(22)
Not designated as hedges | Interest rate contracts | MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	29,000	18,882
Derivative Asset, Fair Value, Gross	59	8
Derivative Liability, Fair Value, Gross	(66)	0
Not designated as hedges | Interest rate contracts | Swap | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	153,378	150,223
Derivative Asset, Fair Value, Gross	733	1,716
Derivative Liability, Fair Value, Gross	(1,320)	(733)
Not designated as hedges | Interest rate contracts | Swap | Mortgage banking
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	1,016	441
Derivative Asset, Fair Value, Gross	3	0
Derivative Liability, Fair Value, Gross	0	0
Not designated as hedges | Interest rate contracts | Swap | MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	19,634	12,837
Derivative Asset, Fair Value, Gross	1	0
Derivative Liability, Fair Value, Gross	0	0
Not designated as hedges | Interest rate contracts | Options | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	30,904	23,659
Derivative Asset, Fair Value, Gross	113	43
Derivative Liability, Fair Value, Gross	(95)	(30)
Not designated as hedges | Interest rate contracts | Options | MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	5,237	101
Derivative Asset, Fair Value, Gross	39	1
Derivative Liability, Fair Value, Gross	0	0
Not designated as hedges | Interest rate contracts | Forward commitments | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	4,118	2,404
Derivative Asset, Fair Value, Gross	29	2
Derivative Liability, Fair Value, Gross	(14)	(5)
Not designated as hedges | Interest rate contracts | Other | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	2,572	2,927
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	(1)	0
Not designated as hedges | Interest rate contracts | Other | Mortgage banking
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	357	424
Derivative Asset, Fair Value, Gross	2	1
Derivative Liability, Fair Value, Gross	0	0
Not designated as hedges | Interest rate contracts | Other | MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	1,273	2,017
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	0	0
Not designated as hedges | Interest rate contracts | Interest rate lock commitments | Mortgage banking
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	3,911	4,163
Derivative Asset, Fair Value, Gross	7	30
Derivative Liability, Fair Value, Gross	(51)	(7)
Not designated as hedges | Interest rate contracts | When issued securities, forward rate agreements and forward commitments | Mortgage banking
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	7,129	6,913
Derivative Asset, Fair Value, Gross	147	7
Derivative Liability, Fair Value, Gross	(1)	(15)
Not designated as hedges | Interest rate contracts | When issued securities, forward rate agreements and forward commitments | MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	2,856	3,927
Derivative Asset, Fair Value, Gross	19	7
Derivative Liability, Fair Value, Gross	(66)	0
Not designated as hedges | Equity contracts | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	39,530	34,232
Derivative Asset, Fair Value, Gross	1,275	1,582
Derivative Liability, Fair Value, Gross	(1,630)	(2,089)
Not designated as hedges | Credit Contract | Loans and leases | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	630	570
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	(1)	(2)
Not designated as hedges | Credit Contract | Risk participation agreements | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	7,330	8,145
Derivative Asset, Fair Value, Gross	0	0
Derivative Liability, Fair Value, Gross	(3)	(4)
Not designated as hedges | Credit Contract | Total Return Swap | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	1,515	1,445
Derivative Asset, Fair Value, Gross	8	3
Derivative Liability, Fair Value, Gross	(5)	(19)
Not designated as hedges | Foreign exchange contracts | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	18,663	16,102
Derivative Asset, Fair Value, Gross	207	160
Derivative Liability, Fair Value, Gross	(204)	(156)
Not designated as hedges | Commodity Contract | Client-related and other risk management
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	6,338	4,641
Derivative Asset, Fair Value, Gross	1,152	475
Derivative Liability, Fair Value, Gross	$ (1,144)	$ (468)

Derivative Financial Instrume_5

Derivative Financial Instruments - Master Netting (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative Asset [Abstract]
Derivative Asset, Fair Value, Gross	$ 3,735	$ 4,027
Amount Offset	(1,622)	(1,657)
Net Amount in Consolidated Balance Sheets	2,113	2,370
Held/Pledged Financial Instruments	0	(1)
Net Amount	2,113	2,369
Derivative Liability [Abstract]
Derivative Liability, Fair Value, Gross	(4,569)	(3,536)
Amount Offset	3,087	2,950
Net amount	(1,482)	(586)
Held/Pledged Financial Instruments	64	66
Net Amount	(1,418)	(520)
Derivatives Subject to Master Netting Arrangements
Derivative Asset [Abstract]
Derivative Asset, Fair Value, Gross	2,787	2,752
Amount Offset	(1,270)	(1,221)
Net Amount in Consolidated Balance Sheets	1,517	1,531
Held/Pledged Financial Instruments	0	(1)
Net Amount	1,517	1,530
Derivative Liability [Abstract]
Derivative Liability, Fair Value, Gross	(3,819)	(2,873)
Amount Offset	2,735	2,514
Net amount	(1,084)	(359)
Held/Pledged Financial Instruments	64	66
Net Amount	(1,020)	(293)
Derivatives Not Subject to Master Netting Arrangement
Derivative Asset [Abstract]
Derivative Asset, Fair Value, Gross	209	388
Amount Offset	0	0
Net Amount in Consolidated Balance Sheets	209	388
Held/Pledged Financial Instruments	0	0
Net Amount	209	388
Derivative Liability [Abstract]
Derivative Liability, Fair Value, Gross	(390)	(225)
Amount Offset	0	0
Net amount	(390)	(225)
Held/Pledged Financial Instruments	0	0
Net Amount	(390)	(225)
Exchange Traded
Derivative Asset [Abstract]
Derivative Asset, Fair Value, Gross	739	887
Amount Offset	(352)	(436)
Net Amount in Consolidated Balance Sheets	387	451
Held/Pledged Financial Instruments	0	0
Net Amount	387	451
Derivative Liability [Abstract]
Derivative Liability, Fair Value, Gross	(360)	(438)
Amount Offset	352	436
Net amount	(8)	(2)
Held/Pledged Financial Instruments	0	0
Net Amount	$ (8)	$ (2)

Derivative Financial Instrume_6

Derivative Financial Instruments - Fair Value Hedges Basis Adjusments (Details) - Fair Value Hedges - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Available-for-sale Securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Asset / Liability Basis	[1]	$ 48,429	$ 108,758
Available-for-sale Securities | Items Currently Designated
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		(441)	(400)
Available-for-sale Securities | Discontinued Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		(5)	(150)
Loans and leases
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Asset / Liability Basis		377	382
Loans and leases | Items Currently Designated
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		0	0
Loans and leases | Discontinued Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		12	12
Long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Asset / Liability Basis		24,562	27,361
Long-term debt | Items Currently Designated
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		(355)	(137)
Long-term debt | Discontinued Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedge Basis Adjustment		$ 361	$ 629
[1]	The amortized cost of AFS securities was $51.3 billion at March 31, 2022 and $110.6 billion at December 31, 2021.

Derivative Financial Instrume_7

Derivative Financial Instruments - Amounts Related to Cash Flow Hedges (Details) - Cash Flow Hedges - Interest Rate Contracts - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense		$ (6)	$ (11)
Other Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense	[1]	0	(36)
Deposits | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense		0	(1)
Deposits | Other Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense	[1]	0	(12)
Short-term Debt | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense		0	(5)
Short-term Debt | Other Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense	[1]	0	(20)
Long-term debt | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense		(6)	(5)
Long-term debt | Other Expense
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax gain (loss) reclassified from AOCI into expense	[1]	$ 0	$ (4)
[1]	Represents the accelerated amortization of amounts reclassified from AOCI, where management determined that the forecasted transaction is probable of not occurring.

Derivative Financial Instrume_8

Derivative Financial Instruments - Amounts Related to Fair Value Hedges (Details) - Fair Value Hedges - Interest Rate Contracts - Net interest income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Net income (expense) recognized	$ 79	$ 65
Available-for-sale Securities
Derivative Instruments, Gain (Loss) [Line Items]
Amounts related to interest settlements	(5)	(11)
Recognized on derivatives	414	524
Recognized on hedged items	(402)	(526)
Net income (expense) recognized	7	(13)
Loans and leases
Derivative Instruments, Gain (Loss) [Line Items]
Amounts related to interest settlements	0	0
Recognized on derivatives	0	0
Recognized on hedged items	(1)	(1)
Net income (expense) recognized	(1)	(1)
Long-term debt
Derivative Instruments, Gain (Loss) [Line Items]
Amounts related to interest settlements	16	0
Recognized on derivatives	(429)	0
Recognized on hedged items	486	79
Net income (expense) recognized	$ 73	$ 79

Derivative Financial Instrume_9

Derivative Financial Instruments - Cash Flow and Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2022		Dec. 31, 2021
Derivative [Line Items]
Debt Securities, Held-to-maturity, Derivative, Cumulative Gain (Loss)	$ 502
Cash flow hedges
Derivative [Line Items]
Net unrecognized after-tax gain (loss) on terminated hedges recorded in AOCI (to be recognized in earnings through 2022)	(4)		$ (9)
Estimated portion of net after-tax gain (loss) on terminated hedges to be reclassified from AOCI into earnings during the next 12 months	(4)		(9)
Fair Value Hedges
Derivative [Line Items]
Unrecognized pre-tax net gain (loss) on terminated hedges (to be recognized as interest primarily through 2030) (1)	856	[1]	767
Portion of pre-tax net gain (loss) on terminated hedges to be recognized as a change in interest during the next 12 months	$ 216		$ 231
[1]	Includes deferred gains that are recorded in AOCI as a result of the reclassification to HTM of previously hedged securities of $502 million at March 31, 2022.

Derivative Financial Instrum_10

Derivative Financial Instruments - Amounts Related to Derivative Instruments Not Designated as Hedges (Details) - Not designated as hedges - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	$ 8	$ (167)
Client-related and other risk management | Interest rate contracts | Investment banking and trading income and other income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	56	102
Client-related and other risk management | Foreign exchange contracts | Investment banking and trading income and other income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	32	26
Client-related and other risk management | Equity contracts | Investment banking and trading income and other income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	5	(8)
Client-related and other risk management | Credit Contract | Investment banking and trading income and other income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	8	(34)
Client-related and other risk management | Commodity Contract | Investment banking and trading income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	5	2
Mortgage banking | Interest rate contracts | Residential mortgage income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	261	91
Mortgage banking | Interest rate contracts | Commercial mortgage income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	(1)	(1)
MSRs | Interest rate contracts | Residential mortgage income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	(349)	(333)
MSRs | Interest rate contracts | Commercial mortgage income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax Gain (Loss) Recognized in Income	$ (9)	$ (12)

Derivative Financial Instrum_11

Derivative Financial Instruments - Risk Participation Agreements (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Risk Participation Agreements Sold
Credit Derivatives [Line Items]
Maximum potential amount of exposure	$ 327	$ 521
Total Return Swap
Credit Derivatives [Line Items]
Cash collateral held	$ 323	$ 290

Derivative Financial Instrum_12

Derivative Financial Instruments - Dealer Counterparties and Central Clearing Parties (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Credit Derivatives [Line Items]
Unsecured positions in a net gain with counterparties after collateral postings	$ 2,113	$ 2,369
Dealer and other counterparties:
Credit Derivatives [Line Items]
Cash and other collateral received from counterparties	332	346
Derivatives in a net gain position	450	506
Unsecured positions in a net gain with counterparties after collateral postings	79	143
Cash collateral posted	1,861	1,704
Derivatives in a net loss position	2,196	2,591
Additional collateral that would have been posted had the Company’s credit ratings dropped below investment grade	2	3
Central counterparties clearing:
Credit Derivatives [Line Items]
Derivatives in a net gain position	86	0
Cash collateral posted	0	31
Derivatives in a net loss position	7	18
Securities pledged to central counterparties clearing	$ 797	$ 904

Computation of EPS (Details)

Computation of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income available to common shareholders	$ 1,327	$ 1,334
Weighted average number of common shares	1,329,037	1,345,666
Effect of dilutive outstanding equity-based awards	12,526	13,266
Weighted average number of diluted common shares	1,341,563	1,358,932
Basic EPS	$ 1	$ 0.99
Diluted EPS	$ 0.99	$ 0.98
Anti-dilutive awards	0	376

Operating Segments - Narrative

Operating Segments - Narrative (Details)	3 Months Ended
	Mar. 31, 2022numberOfSegments
Segment Reporting [Abstract]
Number of Major Reportable Business Segments	3

Operating Segments (Details)

Operating Segments (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		$ 3,183	$ 3,285
Allocated provision for credit losses		(95)	48
Segment net interest income after provision		3,278	3,237
Noninterest income		2,142	2,197
Amortization of intangibles		137	144
Other expense		138	109
Income before income taxes		1,746	1,824
Provision for income taxes		330	351
Net income		1,416	1,473
Identifiable assets (period end)		543,979		$ 541,241
CB&W
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		1,529	1,753
C&CB
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		1,093	1,208
IH
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		24	24
OT&C
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income	[1]	537	300
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		3,183	3,285
Allocated provision for credit losses		(95)	48
Segment net interest income after provision		3,278	3,237
Noninterest income		2,142	2,197
Amortization of intangibles		137	144
Other expense		3,537	3,466
Income before income taxes		1,746	1,824
Provision for income taxes		330	351
Net income		1,416	1,473
Identifiable assets (period end)		543,979	517,537
Operating Segments | CB&W
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		2,178	1,984
Allocated provision for credit losses		74	100
Segment net interest income after provision		2,104	1,884
Noninterest income		950	920
Amortization of intangibles		73	79
Other expense		1,846	1,836
Income before income taxes		1,135	889
Provision for income taxes		271	208
Net income		864	681
Identifiable assets (period end)		160,220	159,541
Operating Segments | C&CB
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		1,249	1,280
Allocated provision for credit losses		(150)	(35)
Segment net interest income after provision		1,399	1,315
Noninterest income		619	692
Amortization of intangibles		33	38
Other expense		724	737
Income before income taxes		1,261	1,232
Provision for income taxes		276	266
Net income		985	966
Identifiable assets (period end)		184,834	183,241
Operating Segments | IH
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		24	24
Allocated provision for credit losses		0	1
Segment net interest income after provision		24	23
Noninterest income		737	633
Amortization of intangibles		31	27
Other expense		529	453
Income before income taxes		201	176
Provision for income taxes		49	43
Net income		152	133
Identifiable assets (period end)		10,292	8,062
Operating Segments | OT&C
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income	[1]	(268)	(3)
Allocated provision for credit losses	[1]	(19)	(18)
Segment net interest income after provision	[1]	(249)	15
Noninterest income	[1]	(164)	(48)
Amortization of intangibles		0	0
Other expense	[1]	438	440
Income before income taxes	[1]	(851)	(473)
Provision for income taxes	[1]	(266)	(166)
Net income	[1]	(585)	(307)
Identifiable assets (period end)	[1]	188,633	166,693
Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		0	0
Intersegment Eliminations | CB&W
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		649	231
Intersegment Eliminations | C&CB
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		156	72
Intersegment Eliminations | IH
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income		0	0
Intersegment Eliminations | OT&C
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Interest Income	[1]	$ (805)	$ (303)
[1]	Includes financial data from business units below the quantitative and qualitative thresholds requiring disclosure.