The PNC Financial Services Group, Inc. (PNC) 10-Q2 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2023	Jul. 17, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-09718
Entity Registrant Name	PNC Financial Services Group, Inc.
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	25-1435979
Entity Address, Address Line One	The Tower at PNC Plaza
Entity Address, Address Line Two	300 Fifth Avenue
Entity Address, City or Town	Pittsburgh
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15222-2401
City Area Code	888
Local Phone Number	762-2265
Title of 12(b) Security	Common Stock, par value $5.00
Trading Symbol	PNC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		398,254,594
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000713676
Current Fiscal Year End Date	--12-31

Consolidated Income Statement

Consolidated Income Statement - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest Income
Loans	$ 4,523	$ 2,504	$ 8,781	$ 4,797
Investment securities	883	631	1,768	1,175
Other	538	146	1,054	223
Total interest income	5,944	3,281	11,603	6,195
Interest Expense
Deposits	1,531	88	2,822	115
Borrowed funds	903	142	1,686	225
Total interest expense	2,434	230	4,508	340
Net interest income	3,510	3,051	7,095	5,855
Noninterest Income
Total noninterest income	1,783	2,065	3,801	3,953
Total revenue	5,293	5,116	10,896	9,808
Provision For (Recapture of) Credit Losses	146	36	381	(172)
Noninterest Expense
Personnel	1,846	1,779	3,672	3,496
Occupancy	244	246	495	504
Equipment	349	351	699	682
Marketing	109	95	183	156
Other	824	773	1,644	1,578
Total noninterest expense	3,372	3,244	6,693	6,416
Income (loss) before income taxes (benefit) and noncontrolling interests	1,775	1,836	3,822	3,564
Income taxes	275	340	628	639
Net income from continuing operations	1,500	1,496	3,194	2,925
Less: Net income attributable to noncontrolling interests	17	15	34	36
Preferred stock dividends	127	71	195	116
Preferred stock discount accretion and redemptions	2	1	4	3
Net income attributable to common shareholders	$ 1,354	$ 1,409	$ 2,961	$ 2,770
Earnings Per Common Share
Basic earnings per common share (in dollars per share)	$ 3.36	$ 3.39	$ 7.35	$ 6.62
Diluted earnings per common share (in dollars per share)	$ 3.36	$ 3.39	$ 7.34	$ 6.61
Average Common Shares Outstanding
Basic (in shares)	401	414	401	417
Diluted (in shares)	401	414	401	417
Asset management and brokerage
Noninterest Income
Total noninterest income	$ 348	$ 365	$ 704	$ 742
Capital markets and advisory
Noninterest Income
Total noninterest income	213	409	475	661
Card and cash management
Noninterest Income
Total noninterest income	697	671	1,356	1,291
Lending and deposit services
Noninterest Income
Total noninterest income	298	282	604	551
Residential and commercial mortgage
Noninterest Income
Total noninterest income	98	161	275	320
Other
Noninterest Income
Total noninterest income	$ 129	$ 177	$ 387	$ 388

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 1,500	$ 1,496	$ 3,194	$ 2,925
Other comprehensive income (loss), before tax and net of reclassifications into Net income
Net change in debt securities	(241)	(2,715)	628	(9,030)
Net change in cash flow hedge derivatives	(316)	(701)	211	(2,459)
Pension and other postretirement benefit plan adjustments	6	8	(4)	62
Net change in Other	3	(4)	7	(7)
Other comprehensive income (loss), before tax and net of reclassifications into Net income	(548)	(3,412)	842	(11,434)
Income tax benefit (expense) related to items of other comprehensive income	131	785	(195)	2,667
Other comprehensive income (loss), after tax and net of reclassifications into Net income	(417)	(2,627)	647	(8,767)
Comprehensive income (loss)	1,083	(1,131)	3,841	(5,842)
Less: Comprehensive income attributable to noncontrolling interests	17	15	34	36
Comprehensive income (loss) attributable to PNC	$ 1,066	$ (1,146)	$ 3,807	$ (5,878)

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks		$ 6,191	$ 7,043
Interest-earning deposits with banks		38,259	27,320
Loans held for sale	[1]	835	1,010
Investment securities – available for sale		41,787	44,159
Investment securities – held to maturity		93,874	95,175
Loans	[1]	321,761	326,025
Allowance for loan and lease losses		(4,737)	(4,741)
Net loans		317,024	321,284
Equity investments		8,015	8,437
Mortgage servicing rights		3,455	3,423
Goodwill		10,987	10,987
Other	[1]	37,780	38,425
Total assets		558,207	557,263
Deposits
Noninterest-bearing		110,527	124,486
Interest-bearing		316,962	311,796
Total deposits		427,489	436,282
Borrowed funds
Federal Home Loan Bank borrowings		34,000	32,075
Senior debt		22,005	16,657
Subordinated debt		5,548	6,307
Other	[2]	3,831	3,674
Total borrowed funds		65,384	58,713
Allowance for unfunded lending related commitments		663	694
Accrued expenses and other liabilities	[2]	15,325	15,762
Total liabilities		508,861	511,451
Equity
Preferred stock	[3]
Common stock ($5 par value, Authorized 800 shares, issued 543 shares)		2,715	2,714
Capital surplus		19,934	18,376
Retained earnings		55,346	53,572
Accumulated other comprehensive income (loss)		(9,525)	(10,172)
Common stock held in treasury at cost: 145 and 142 shares		(19,150)	(18,716)
Total shareholders’ equity		49,320	45,774
Noncontrolling interests		26	38
Total equity		49,346	45,812
Total liabilities and equity		$ 558,207	$ 557,263

[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.[2]Our consolidated liabilities included the following for which we have elected the fair value option: Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were less than $0.1 billion and $0.2 billion, respectively.[3]Par value less than $0.5 million at each date.

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Common stock, par value (in dollars per share)	$ 5	$ 5
Common stock, authorized (shares)	800,000,000	800,000,000
Common stock, issued (shares)	543,000,000	543,000,000
Common stock held in treasury at cost (shares)	145,000,000	142,000,000
Preferred stock, par value	$ 0.5	$ 0.5
Portion at Fair Value, Fair Value Disclosure
Loans held for sale, fair value	800	900
Loans, fair value	1,300	1,300
Other assets, fair value	100	100
Other borrowed funds, fair value (less than)	100	100
Other liabilities	$ 100	$ 200

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Activities
Net income	$ 3,194	$ 2,925
Adjustments to reconcile net income to net cash provided (used) by operating activities
Provision for (recapture of) credit losses	381	(172)
Depreciation, amortization and accretion	125	529
Deferred income taxes (benefit)	(75)	203
Net losses on sales of securities	2	4
Changes in fair value of mortgage servicing rights	136	(435)
Net change in
Trading securities and other short-term investments	(601)	(1,325)
Loans held for sale and related securitization activity	522	997
Other assets	1,410	(2,989)
Accrued expenses and other liabilities	(494)	1,491
Other	532	415
Net cash provided (used) by operating activities	5,132	1,643
Sales
Securities available for sale	(70)	2,575
Loans	605	525
Repayments/maturities
Securities available for sale	4,038	9,403
Securities held to maturity	3,076	1,395
Purchases
Securities available for sale	(1,272)	(22,145)
Securities held to maturity	(1,513)	(1,289)
Loans	(416)	(1,298)
Net change in
Federal funds sold and resale agreements	229	(919)
Interest-earning deposits with banks	(10,794)	45,846
Loans	3,305	(21,929)
Other	(590)	(1,147)
Net cash provided (used) by investing activities	(3,402)	11,017
Net change in
Noninterest-bearing deposits	(13,982)	(8,717)
Interest-bearing deposits	5,166	(7,730)
Federal funds purchased and repurchase agreements	94	(5)
Other borrowed funds	(35)	1,098
Sales/issuances
Federal Home Loan Bank borrowings	2,000	10,000
Senior debt	6,235
Subordinated debt		847
Other borrowed funds	486	435
Preferred stock	1,484	990
Common and treasury stock	36	34
Repayments/maturities
Federal Home Loan Bank borrowings	(75)
Senior debt	(750)	(5,250)
Subordinated debt	(750)
Other borrowed funds	(495)	(435)
Acquisition of treasury stock	(588)	(2,076)
Preferred stock cash dividends paid	(195)	(116)
Common stock cash dividends paid	(1,213)	(1,157)
Net cash provided (used) by financing activities	(2,582)	(12,082)
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash	(852)	578
Cash and due from banks and restricted cash at end of period	6,191	8,582
Cash and due from banks and restricted cash at beginning of period	7,043	8,004
Cash And Due From Banks And Restricted Cash
Cash and due from banks at end of period (unrestricted cash)	5,604	7,950
Restricted cash	587	632
Cash and due from banks and restricted cash at end of period	6,191	8,582
Supplemental Disclosures
Interest paid	2,586	420
Income taxes paid	719	62
Income taxes refunded	824	8
Leased assets obtained in exchange for new operating lease liabilities	113	103
Non-cash Investing And Financing Items
Transfer from securities available for sale to securities held to maturity		83,419
Transfer from loans to loans held for sale, net	712	330
Transfer from loans to foreclosed assets	$ 32	$ 25

Accounting Policies

Accounting Policies	6 Months Ended
Accounting Policies	Jun. 30, 2023
Accounting Policies [Abstract]
Accounting Policies	B USINESS PNC is one of the largest diversified financial services companies in the U.S. and is headquartered in Pittsburgh, Pennsylvania. CCOUNTING P OLICIES Basis of Financial Statement Presentation Our consolidated financial statements include the accounts of the parent company and its subsidiaries, most of which are wholly-owned, certain partnership interests and VIEs. We prepared these consolidated financial statements in accordance with GAAP. We have eliminated intercompany accounts and transactions. In our opinion, the unaudited interim consolidated financial statements reflect all normal, recurring adjustments needed to state fairly our results for the interim periods. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. We have also considered the impact of subsequent events on these consolidated financial statements. When preparing these unaudited interim consolidated financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2022 Form 10-K. These interim consolidated financial statements serve to update our 2022 Form 10-K and may not include all information and Notes necessary to constitute a complete set of financial statements. There have been changes to certain of our accounting policies as disclosed in our 2022 Form 10-K due to the adoption of ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures (ASU 2022-02) in the first quarter of 2023. The updated policies impacted by this adoption are included in this Note 1. Reference is made to Note 1 Accounting Policies in our 2022 Form 10-K for a detailed description of all other significant accounting policies. Use of Estimates We prepared these consolidated financial statements using financial information available at the time of preparation, which requires us to make estimates and assumptions that affect the amounts reported. Our most significant estimates pertain to the ACL and our fair value measurements. Actual results may differ from the estimates and the differences may be material to the consolidated financial statements. Loans Loans are classified as held for investment when management has both the intent and ability to hold the loan for the foreseeable future, or until maturity or payoff. Management’s intent and view of the foreseeable future may change based on changes in business strategies, the economic environment, market conditions and the availability of government programs. Measurement of delinquency status is based on the contractual terms of each loan. Loans that are 30 days or more past due in terms of payment are considered delinquent. Under the CARES Act credit reporting rules, certain loans modified due to pandemic related hardships are not being reported as past due based on the contractual terms of the loan, even where borrowers may not be making payments on their loans during the modification period. The CARES Act credit reporting rules expire in the third quarter of 2023. Loans held for investment, excluding PCD loans, are recorded at amortized cost basis unless we elect to measure these under the fair value option. Amortized cost basis represents principal amounts outstanding, net of unearned income, unamortized deferred fees and costs on originated loans, premiums or discounts on purchased loans and charge-offs. Amortized cost basis does not include accrued interest, as we include accrued interest in Other assets on our Consolidated Balance Sheet. Interest on performing loans is accrued based on the principal amount outstanding and recorded in Interest income as earned using the constant effective yield method over the contractual life. Loan origination fees, direct loan origination costs, and loan premiums and discounts are deferred and accreted or amortized into Net interest income using the constant effective yield method, over the contractual life of the loan. The processing fee received for loans originated through PPP lending under the CARES Act is deferred and accreted into Net interest income using the effective yield method, over the contractual life of the loan. Loans under the fair value option are reported at their fair value, with any changes to fair value reported as Noninterest income on the Consolidated Income Statement, and are excluded from the measurement of ALLL. In addition to originating loans, we also acquire loans through the secondary loan market, portfolio purchases or acquisitions of other financial services companies. Certain acquired loans that have experienced a more-than-insignificant deterioration of credit quality since origination ( i.e. , PCD) are recognized at an amortized cost basis equal to their purchase price plus an ALLL measured at the acquisition date. PNC considers a variety of factors in connection with the identification of more-than-insignificant deterioration in credit quality, including but not limited to nonperforming status, delinquency, risk ratings and other qualitative factors that indicate deterioration in credit quality since origination. Subsequent decreases in expected cash flows that are attributable, at least in part, to credit quality are recognized through a charge to the provision for credit losses resulting in an increase in the ALLL. Subsequent increases in expected cash flows are recognized as a provision recapture of previously recorded ALLL . We consider a loan to be collateral dependent when we determine that substantially all of the expected cash flows will be generated from the operation or sale of the collateral underlying the loan, or when the borrower is experiencing financial difficulty and we have elected to measure the loan at the estimated fair value of collateral (less costs to sell if sale or foreclosure of the property is expected). Additionally, we consider a loan to be collateral dependent when foreclosure or liquidation of the underlying collateral is probable. On January 1, 2023, we adopted ASU 2022-02, which eliminates the accounting guidance for TDRs. See Note 1 Accounting Policies in our 2022 Form 10-K for a description of our accounting policies for TDRs that were in effect prior to adoption. Loan modifications to borrowers experiencing financial difficulty, or FDMs, result from our loss mitigation activities and include principal forgiveness, interest rate reductions, term extensions, payment delays, repayment plans or combinations thereof. FDMs continue to be subject to our existing nonaccrual policies. Expected losses or recoveries on FDMs have been factored into the ALLL estimates for each loan class under the methodologies described in this Note. Refer to Note 3 Loans and Related Allowance for Credit Losses for more information on FDMs. See the following for additional information related to loans, including further discussion regarding our policies, the methodologies and significant inputs used to determine the ALLL and additional details on the composition of our loan portfolio: • Nonperforming Loans and Leases section of this Note 1, • Allowance for Credit Losses section of this Note 1, • Note 3 Loans and Related Allowance for Credit Losses in this Report, and • Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K. Nonperforming Loans and Leases The matrix that follows summarizes our policies for classifying certain loans as nonperforming loans and/or discontinuing the accrual of loan interest income. Commercial Loans classified as nonperforming and accounted for as nonaccrual • Loans accounted for at amortized cost where: – The loan is 90 days or more past due. – The loan is rated substandard or worse due to the determination that full collection of principal and interest is not probable as demonstrated by the following conditions: • The collection of principal or interest is 90 days or more past due, • Reasonable doubt exists as to the certainty of the borrower’s future debt service ability, according to the terms of the credit arrangement, regardless of whether 90 days have passed or not, • The borrower has filed, or will likely file for bankruptcy, and it is not probable the borrower will be able to repay contractual payments due under the loan, • The bank advances additional funds to cover principal or interest, • We are in the process of liquidating a commercial borrower, or • We are pursuing remedies under a guarantee. Loans excluded from nonperforming classification but accounted for as nonaccrual • Loans accounted for under the fair value option and full collection of principal and interest is not probable. • Loans accounted for at the lower of cost or market less costs to sell (held for sale) and full collection of principal and interest is not probable. Loans excluded from nonperforming classification and nonaccrual accounting • Loans that are well secured and in the process of collection. • Certain government insured or guaranteed loans where substantially all principal and interest is insured. • Commercial purchasing card assets that do not accrue interest. Consumer Loans classified as nonperforming and accounted for as nonaccrual • Loans accounted for at amortized cost where full collection of contractual principal and interest is not deemed probable as demonstrated in the policies below: – The loan is 90 days past due for home equity and installment loans, and 180 days past due for well secured residential real estate loans, – The loan has been modified due to a borrower experiencing financial difficulty and is not government insured or guaranteed, – The loan has been modified to defer prior payments in forbearance to the end of the loan term, – Notification of bankruptcy has been received, – The bank holds a subordinate lien position in the loan and the first lien mortgage loan is seriously stressed ( i.e. , 90 days or more past due), – Other loans within the same borrower relationship have been placed on nonaccrual or charge-offs have been taken on them, – The bank has ordered the repossession of non-real estate collateral securing the loan, or – The bank has charged-off the loan to the value of the collateral. Loans excluded from nonperforming classification but accounted for as nonaccrual • Loans accounted for under the fair value option and full collection of principal and interest is not probable. • Loans accounted for at the lower of cost or market less costs to sell (held for sale) and full collection of principal and interest is not probable. Loans excluded from nonperforming classification and nonaccrual accounting • Certain government insured or guaranteed loans where substantially all principal and interest is insured. • Residential real estate loans that are well secured and in the process of collection. • Consumer loans and lines of credit, not secured by residential real estate or automobiles, as permitted by regulatory guidance. Commercial We generally charge-off commercial (commercial and industrial, commercial real estate and equipment lease financing) nonperforming loans when we determine that a specific loan, or portion thereof, is uncollectible. This determination is based on the specific facts and circumstances of the individual loans. In making this determination, we consider the viability of the business or project as a going concern, the past due status when the asset is not well-secured, the expected cash flows to repay the loan, the value of the collateral and the ability and willingness of any guarantors to perform. For commercial loans and leases less than a defined dollar threshold, balances are generally charged-off in full after 180 days for loans and 120 days for leases. Consumer We generally charge-off secured consumer (home equity, residential real estate and automobile) nonperforming loans to the fair value of collateral less costs to sell if the fair value is lower than the amortized cost basis of the loan outstanding and the delinquency of the loan, combined with other risk factors such as bankruptcy or lien position, indicates that the loan (or a portion thereof) is uncollectible as per our historical experience. These nonperforming loans would also be charged-off when the collateral has been repossessed. We charge-off secured consumer loans no later than 180 days past due. Most consumer loans and lines of credit, not secured by automobiles or residential real estate, are charged-off once they have reached 120-180 days past due. For secured collateral dependent loans, collateral values are updated at least annually and subsequent declines in collateral values are charged-off resulting in incremental provision for credit loss. Subsequent increases in collateral values may be reflected as an adjustment to the ALLL to reflect the expectation of recoveries in an amount greater than previously expected, limited to amounts previously charged-off. Accounting for Nonperforming Assets and Leases and Other Nonaccrual Loans For nonaccrual loans, interest income accrual and deferred fee/cost recognition is discontinued. Additionally, depending on whether the accrued interest has been incorporated into the ACL estimates, as discussed in the Accrued Interest section of this Note 1, the accrued and uncollected interest is either reversed through Net interest income (if a CECL reserve is not maintained for accrued interest) or charged-off against the allowance (if a CECL reserve is maintained for accrued interest), except for credit cards, where we reverse any accrued interest through Net interest income at the time of charge-off, as per industry standard practice. Nonaccrual loans that are also collateral dependent may be charged-off to reduce the basis to the fair value of collateral less costs to sell. If payment is received on a nonaccrual loan, generally the payment is first applied to the remaining principal balance. Payments are then applied to recover any charged-off amounts related to the loan. Finally, if both principal balance and any charge-offs have been recovered, then the payment will be recorded as fee and interest income. For certain consumer loans, the receipt of interest payments is recognized as interest income on a cash basis. Cash basis income recognition is applied if a loan’s amortized cost basis is deemed fully collectible and the loan has performed for at least six months. For loans modified due to a borrower experiencing financial difficulty, payments are applied based upon their contractual terms unless the related loan is deemed nonperforming. Loans modified due to a borrower experiencing financial difficulty are generally included in nonperforming and nonaccrual loans if they are not government insured or guaranteed. However, after a reasonable period of time, generally six months, in which the loan performs under modified terms and meets other performance indicators, it is returned to performing/accruing status. This return to performing/accruing status demonstrates that the bank expects to collect all of the loan’s remaining contractual principal and interest. Loan modifications granted to borrowers experiencing financial difficulty resulting from (i) borrowers that have been discharged from personal liability through Chapter 7 bankruptcy and have not formally reaffirmed their loan obligations to us, and (ii) borrowers that are not currently obligated to make both principal and interest payments under the modified terms are not returned to accrual status. Other nonaccrual loans are generally not returned to accrual status until the borrower has performed in accordance with the contractual terms and other performance indicators for at least six months, the period of time which was determined to demonstrate the expected collection of the loan’s remaining contractual principal and interest. Nonaccrual loans with partially charged-off principal are not returned to accrual. When a nonperforming loan is returned to accrual status, it is then considered a performing loan. Foreclosed assets consist of any asset seized or property acquired through a foreclosure proceeding or acceptance of a deed-in-lieu of foreclosure. OREO comprises principally residential and commercial real estate properties obtained in partial or total satisfaction of loan obligations. After obtaining a foreclosure judgment, or in some jurisdictions the initiation of proceedings under a power of sale in the loan instruments, the property will be sold. When we are awarded title or completion of deed-in-lieu of foreclosure, we transfer the loan to foreclosed assets included in Other assets on our Consolidated Balance Sheet. Property obtained in satisfaction of a loan is initially recorded at estimated fair value less cost to sell. Based upon the estimated fair value less cost to sell, the amortized cost basis of the loan is adjusted and a charge-off/recovery is recognized to the ALLL. We estimate fair values primarily based on appraisals, or sales agreements with third parties. Subsequently, foreclosed assets are valued at the lower of the amount recorded at acquisition date or estimated fair value less cost to sell. Valuation adjustments on these assets and gains or losses realized from disposition of such property are reflected in Other noninterest expense. For certain mortgage loans that have a government guarantee, we establish a separate other receivable upon foreclosure. The receivable is measured based on the loan balance (inclusive of principal and interest) that is expected to be recovered from the guarantor. See Note 3 Loans and Related Allowance for Credit Losses for additional information on FDMs, nonperforming assets and credit quality indicators related to our loan portfolio. Allowance for Credit Losses Our ACL is based on historical loss experience, current borrower risk characteristics, current economic conditions, reasonable and supportable forecasts of future conditions and other relevant factors. We maintain the ACL at an appropriate level for expected losses on our existing investment securities, loans, equipment finance leases, other financial assets and unfunded lending related commitments, for the estimated contractual term of the assets or exposures as of the balance sheet date. The remaining contractual term of assets in scope of CECL is estimated considering contractual maturity dates, prepayment expectations, utilization or draw expectations and any contractually embedded extension options that do not allow us to unilaterally cancel the extension options. For products without a fixed contractual maturity date ( e.g ., credit cards), we rely on historical payment behavior to determine the length of the paydown or default time period. We estimate expected losses on a pooled basis using a combination of (i) the expected losses over a reasonable and supportable forecast period, (ii) a period of reversion to long-run average expected losses, where applicable and (iii) the long-run average expected losses for the remaining estimated contractual term. For all assets and unfunded lending related commitments in the scope of CECL, the ACL also includes individually assessed reserves and qualitative reserves, as applicable. We use forward-looking information in estimating expected credit losses for our reasonable and supportable forecast period. For this purpose, we use forecasted scenarios produced by PNC’s Economics Team, which are designed to reflect business cycles and their related estimated probabilities. The forecast length that we have currently determined to be reasonable and supportable is three years. As noted in the methodology discussions that follow, forward-looking information is incorporated into the expected credit loss estimates. Such forward looking information includes forecasted relevant macroeconomic variables, which are estimated using quantitative macroeconomic models, analysis from PNC economists and management judgment. The reversion period is used to bridge our three-year reasonable and supportable forecast period and the long-run average expected credit losses. We consider a number of factors in determining the duration of the reversion period, such as contractual maturity of the asset, observed historical patterns and the estimated credit loss rates at the end of the forecast period relative to the beginning of the long-run average period. The reversion period is typically one to three years, if not immediate. The long-run average expected credit losses are derived from long-run historical credit loss information adjusted for the credit quality of the current portfolio and, therefore, do not consider current and forecasted economic conditions. See the following sections related to loans and unfunded lending related commitments for details about specific methodologies. Allowance for Loan and Lease Losses Our pooled expected loss methodology is based upon the quantification of risk parameters, such as PD, LGD and EAD for a loan, loan segment or lease. We also consider the impact of prepayments and amortization on contractual maturity in our expected loss estimates. We use historical credit loss information, current borrower risk characteristics and forecasted economic variables for the reasonable and supportable forecast period, coupled with analytical methods, to estimate these risk parameters by loan, loan segment or lease. PD, LGD and EAD parameters are calculated for each forecasted scenario and the long-run average period, and combined to generate expected loss estimates by scenario. The following matrix provides key credit risk characteristics that we use to estimate these risk parameters. Loan Class Probability of Default Loss Given Default Exposure at Default Commercial Commercial and industrial / Equipment lease financing • For wholesale obligors: internal risk ratings based on borrower characteristics and industry • For retail small balance obligors: credit score, delinquency status, and product type • Collateral type, LTV, industry, size and outstanding exposure for secured loans • Capital structure, industry and size for unsecured loans • For retail small balance obligors, product type and credit scores • Outstanding balances, commitment, contractual maturities and historical prepayment experience for loans • Current utilization and historical pre-default draw experience for lines Commercial real estate (CRE) • Property performance metrics, property type, market and risk pool for the forecast period • For the long-run average period, internal risk ratings based on borrower characteristics • Property type, LTV and costs to sell • Outstanding balances, commitment, contractual maturities and historical prepayment experience for loans Consumer Home equity / Residential real estate • Borrower credit scores, delinquency status, origination vintage, LTV and contractual maturity • Collateral characteristics, LTV and costs to sell • Outstanding balances, contractual maturities and historical prepayment experience for loans • Current utilization and historical pre-default draw experience for lines Automobile • Borrower credit scores, delinquency status, borrower income, LTV and contractual maturity • New vs. used, LTV and borrower credit scores • Outstanding balances, contractual maturities and historical prepayment experience Credit card • Borrower credit scores, delinquency status, utilization, payment behavior and months on book • Borrower credit scores and credit line amount • Pay-down curves are developed using a pro-rata method and estimated using borrower behavior segments, payment ratios and borrower credit scores Education / Other consumer • Modeled using either discrete risk parameters or net charge-off and pay-down rates The following matrix describes the key economic variables that are consumed during our forecast period by loan class, as well as other assumptions that are used for our reversion and long-run average approaches. Loan Class Forecast Period - Key Economic Variables Reversion Method Long-Run Average Commercial Commercial and industrial / Equipment lease financing • GDP and Gross Domestic Investment measures, employment related variables and personal income and consumption measures • Immediate reversion • Average parameters determined based on internal and external historical data • Modeled parameters using long-run economic conditions for retail small balance obligors Commercial real estate (CRE) • CRE Price Index, unemployment rates, GDP, corporate bond yield and interest rates • Immediate reversion • Average parameters determined based on internal and external historical data Consumer Home equity / Residential real estate • Unemployment rates, HPI and interest rates • Straight-line over 3 years • Modeled parameters using long-run economic conditions Automobile • Unemployment rates, HPI, personal consumption expenditure and Manheim used car index • Straight-line over 1 year • Average parameters determined based on internal and external historical data Credit card • Unemployment rates, personal consumption expenditure and HPI • Straight-line over 2 years • Modeled parameters using long-run economic conditions Education / Other consumer • Modeled using either discrete risk parameters or net charge-off and pay-down rates After the forecast period, we revert to the long-run average over the reversion period noted above, which is the period between the end of the forecast period and when losses are estimated to have completely reverted to the long-run average. Once we have developed a combined estimate of credit losses ( i.e. , for the forecast period, reversion period and long-run average) under each of the forecasted scenarios, we produce a probability-weighted credit loss estimate by loan class. We then add or deduct any qualitative components and other adjustments, such as individually assessed loans, to produce the ALLL. See the Individually Assessed Component and Qualitative Component discussions that follow in this Note 1 for additional information about those adjustments. Discounted Cash Flow Prior to January 1, 2023, we used a discounted cash flow methodology for our home equity and residential real estate loan classes. Effective January 1, 2023, we discontinued our use of a discounted cash flow methodology, and we now use a pooled expected loss methodology based upon the quantification of risk parameters, such as PD, LGD and EAD for a loan or loan segment. See Note 1 Accounting Policies in our 2022 Form 10-K for a description of our use of a discounted cash flow methodology prior to January 1, 2023. Individually Assessed Component Loans and leases that do not share similar risk characteristics with a pool of loans are individually assessed as follows: • For commercial nonperforming loans greater than or equal to a defined dollar threshold, reserves are based on an analysis of the present value of the loan’s expected future cash flows or the fair value of the collateral, if appropriate under our policy for collateral dependent loans. Nonperforming commercial loans below the defined threshold are reserved for under a pooled basis. • For consumer nonperforming loans classified as collateral dependent, charge-off and ALLL related to recovery of amounts previously charged-off are evaluated through an analysis of the fair value of the collateral less costs to sell. Qualitative Component While our reserve methodologies strive to reflect all relevant credit risk factors, there continues to be uncertainty associated with, but not limited to, potential imprecision in the estimation process due to the inherent time lag of obtaining information and normal variations between expected and actual outcomes. We may hold additional reserves that are designed to provide coverage for losses attributable to such risks. The ACL also takes into account factors that may not be directly measured in the determination of individually assessed or pooled reserves. Such qualitative factors may include, but are not limited to: • Industry concentrations and conditions, • Changes in market conditions, including regulatory and legal requirements, • Changes in the nature and volume of our portfolio, • Recent credit quality trends, • Recent loss experience in particular portfolios, including specific and unique events, • Recent macroeconomic factors that may not be reflected in the forecast information, • Limitations of available input data, including historical loss information and recent data such as collateral values, • Model imprecision and limitations, • Changes in lending policies and procedures, including changes in loss recognition and mitigation policies and procedures, and • Timing of available information. See Note 3 Loans and Related Allowance for Credit Losses for additional information about our loan portfolio and the related allowance. Accrued Interest When accrued interest is reversed or charged-off in a timely manner, the CECL standard provides a practical expedient to exclude accrued interest from ACL measurement. We consider our nonaccrual and charge-off policies to be timely for all of our investment securities, loans and leases, with the exception of consumer credit cards, education loans and certain unsecured consumer lines of credit. We consider the length of time before nonaccrual/charge-off and the use of appropriate other triggering events for nonaccrual and charge-offs in making this determination. Pursuant to these policy elections, we calculate reserves for accrued interest on credit cards, education loans and certain unsecured consumer lines of credit, which are then included within the ALLL. See the Debt Securities section of Note 1 Accounting Policies in our 2022 Form 10-K and the Nonperforming Loans and Leases section of this Note 1 for additional information on our nonaccrual and charge-off policies. See Note 1 Accounting Policies in our 2022 Form 10-K for a description of the accounting policies related to the applicable reserves on accrued interest for our home equity and residential real estate loan classes prior to January 1, 2023. Purchased Credit Deteriorated Loans or Securities The allowance for PCD loans or securities is determined at the time of acquisition, as the estimated expected credit loss of the outstanding balance or par value, based on the methodologies described previously for loans and securities. In accordance with CECL, the allowance recognized at acquisition is added to the acquisition date purchase price to determine the asset’s amortized cost basis. Allowance for Unfunded Lending Related Commitments We maintain the allowance for unfunded lending related commitments on off-balance sheet credit exposures that are not unconditionally cancelable ( e.g. , unfunded loan commitments, letters of credit and certain financial guarantees), at a level we believe is appropriate as of the balance sheet date to absorb expected credit losses on these exposures. Other than the estimation of the probability of funding, this reserve is estimated in a manner similar to the methodology used for determining reserves for loans and leases. See the Allowance for Loan and Lease Losses section of this Note 1 for the key credit risk characteristics for unfunded lending related commitments. The allowance for unfunded lending related commitments is recorded as a liability on the Consolidated Balance Sheet. Net adjustments to this reserve are included in the provision for credit losses. See Note 3 Loans and Related Allowance for Credit Losses for additional information about this allowance. Recently Adopted Accounting Standards Accounting Standards Update Description Financial Statement Impact Reference Rate Reform - ASU 2020-04 Issued March 2020 Reference Rate Reform Scope - ASU 2021-01 Issued January 2021 Reference Rate Reform Deferral of Sunset Date – ASU 2022-06 Issued December 2022 • Provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform (codified in ASC 848). • Includes optional expedients related to contract modifications that allow an entity to account for modifications (if certain criteria are met) as if the modifications were only minor (assets within the scope of ASC 310, Receivables), were not substantial (assets within the scope of ASC 470, Debt) and/or did not result in remeasurements or reclassifications (assets within the scope of ASC 842, Leases, and other Topics) of the existing contract. • Includes optional expedients related to hedging relationships within the scope of ASC 815, Der

Investment Securities

Investment Securities	6 Months Ended
Investment Securities	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities	I NVESTMENT S ECURITIES Table 36: Investment Securities Summary (a)(b) June 30, 2023 December 31, 2022 In millions Amortized Unrealized Fair Amortized Unrealized Fair Gains Losses Gains Losses Securities Available for Sale U.S. Treasury and government agencies $ 7,863 $ 7 $ (760) $ 7,110 $ 9,196 $ 10 $ (836) $ 8,370 Residential mortgage-backed Agency 30,867 6 (3,218) 27,655 32,114 13 (3,304) 28,823 Non-agency 642 133 (7) 768 697 131 (9) 819 Commercial mortgage-backed Agency 1,759 1 (167) 1,593 1,845 (170) 1,675 Non-agency 1,014 (67) 947 1,325 (69) 1,256 Asset-backed 910 28 (4) 934 103 27 (1) 129 Other 2,962 39 (221) 2,780 3,288 44 (245) 3,087 Total securities available for sale $ 46,017 $ 214 $ (4,444) $ 41,787 $ 48,568 $ 225 $ (4,634) $ 44,159 Securities Held to Maturity U.S. Treasury and government agencies $ 36,985 $ 3 $ (1,695) $ 35,293 $ 36,571 $ 6 $ (1,617) $ 34,960 Residential mortgage-backed Agency 44,278 60 (3,119) 41,219 45,271 74 (3,095) 42,250 Non-agency 269 (22) 247 276 (21) 255 Commercial mortgage-backed Agency 839 3 (30) 812 848 4 (26) 826 Non-agency 1,549 (38) 1,511 1,667 (40) 1,627 Asset-backed 6,645 5 (112) 6,538 7,188 6 (140) 7,054 Other 3,309 27 (60) 3,276 3,354 25 (72) 3,307 Total securities held to maturity (d) $ 93,874 $ 98 $ (5,076) $ 88,896 $ 95,175 $ 115 $ (5,011) $ 90,279 (a) At June 30, 2023, the accrued interest associated with our held to maturity and available for sale portfolios totaled $288 million and $143 million, respectively. The comparable amounts at December 31, 2022 were $282 million and $144 million, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (b) Credit ratings represent a primary credit quality indicator used to monitor and manage credit risk. Of our total securities portfolio, 97% were rated AAA/AA at both June 30, 2023 and December 31, 2022. (c) Amortized cost is presented net of allowance of $141 million for securities available for sale, primarily related to non-agency commercial mortgage-backed securities and $7 million for securities held to maturity at June 30, 2023. The comparable amounts at December 31, 2022 were $142 million and $7 million, respectively. (d) Held to maturity securities transferred from available for sale are included in held to maturity at fair value at the time of the transfer. The amortized cost of held to maturity securities included net unrealized losses of $4.7 billion at June 30, 2023 related to securities transferred, which are offset in AOCI, net of tax. The fair value of investment securities is impacted by interest rates, credit spreads, market volatility and liquidity conditions. Securities available for sale are carried at fair value with net unrealized gains and losses included in Total shareholders’ equity as AOCI, unless credit-related. Net unrealized gains and losses are determined by taking the difference between the fair value of a security and its amortized cost, net of any allowance. Securities held to maturity are carried at amortized cost, net of any allowance. Investment securities at June 30, 2023 included $0.2 billion of net unsettled purchases that represent non-cash investing activity, and accordingly, are not reflected on the Consolidated Statement of Cash Flows. The comparable amount for June 30, 2022 was $0.4 billion of net unsettled purchases. We maintain the allowance for investment securities at levels that we believe to be appropriate as of the balance sheet date to absorb expected credit losses on our portfolio. At June 30, 2023, the allowance for investment securities was $148 million and primarily related to non-agency commercial mortgage-backed securities in the available for sale portfolio. The comparable amount at December 31, 2022 was $149 million. See Note 1 Accounting Policies in our 2022 Form 10-K for a discussion of the methodologies used to determine the allowance for investment securities. At June 30, 2023, AOCI included pretax losses of $301 million from derivatives that hedged the purchase of investment securities classified as held to maturity. The losses will be accreted to interest income as an adjustment of yield on the securities. Table 37 presents the gross unrealized losses and fair value of securities available for sale that do not have an associated allowance for investment securities at June 30, 2023 and December 31, 2022. These securities are segregated between investments that had been in a continuous unrealized loss position for less than twelve months and twelve months or more, based on the point in time that the fair value declined below the amortized cost basis. All securities included in the table have been evaluated to determine if a credit loss Table 37: Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses Unrealized loss position Unrealized loss position Total In millions Unrealized Fair Unrealized Fair Unrealized Fair June 30, 2023 U.S. Treasury and government agencies $ (9) $ 898 $ (751) $ 5,983 $ (760) $ 6,881 Residential mortgage-backed Agency (51) 2,309 (3,167) 24,700 (3,218) 27,009 Non-agency (1) 46 (6) 67 (7) 113 Commercial mortgage-backed Agency (2) 89 (165) 1,485 (167) 1,574 Non-agency (57) 808 (57) 808 Asset-backed (3) 502 (1) 12 (4) 514 Other (6) 243 (180) 2,022 (186) 2,265 Total securities available for sale $ (72) $ 4,087 $ (4,327) $ 35,077 $ (4,399) $ 39,164 December 31, 2022 U.S. Treasury and government agencies $ (601) $ 5,868 $ (235) $ 2,208 $ (836) $ 8,076 Residential mortgage-backed Agency (1,744) 19,036 (1,560) 8,971 (3,304) 28,007 Non-agency (6) 112 (2) 17 (8) 129 Commercial mortgage-backed Agency (125) 1,283 (45) 372 (170) 1,655 Non-agency (44) 750 (18) 394 (62) 1,144 Asset-backed (1) 5 (1) 5 Other (96) 1,418 (112) 1,144 (208) 2,562 Total securities available for sale $ (2,616) $ 28,467 $ (1,973) $ 13,111 $ (4,589) $ 41,578 Information related to gross realized securities gains and losses from the sales of securities is set forth in the following table: Table 38: Gains (Losses) on Sales of Securities Available for Sale Six months ended June 30 Gross Gains Gross Losses Net Gains (Losses) Tax Expense (Benefit) 2023 $ (2) $ (2) 2022 $ 11 $ (15) $ (4) $ (1) The following table presents, by remaining contractual maturity, the amortized cost, fair value and weighted-average yield of debt securities at June 30, 2023: Table 39: Contractual Maturity of Debt Securities June 30, 2023 1 Year or Less After 1 Year After 5 Years After 10 Total Securities Available for Sale U.S. Treasury and government agencies $ 1,230 $ 2,918 $ 1,724 $ 1,991 $ 7,863 Residential mortgage-backed Agency 1 134 3,675 27,057 30,867 Non-agency 8 634 642 Commercial mortgage-backed Agency 49 409 905 396 1,759 Non-agency 119 100 795 1,014 Asset-backed 249 106 555 910 Other 307 2,008 495 152 2,962 Total securities available for sale at amortized cost $ 1,587 $ 5,837 $ 7,013 $ 31,580 $ 46,017 Fair value $ 1,550 $ 5,460 $ 6,385 $ 28,392 $ 41,787 Weighted-average yield, GAAP basis (a) 2.01 % 2.17 % 2.39 % 2.98 % 2.75 % Securities Held to Maturity U.S. Treasury and government agencies $ 2,075 $ 31,522 $ 2,477 $ 911 $ 36,985 Residential mortgage-backed Agency 7 333 43,938 44,278 Non-agency 269 269 Commercial mortgage-backed Agency 133 430 276 839 Non-agency 43 49 1,457 1,549 Asset-backed 11 2,103 1,949 2,582 6,645 Other 230 1,116 603 1,360 3,309 Total securities held to maturity at amortized cost $ 2,359 $ 34,930 $ 5,792 $ 50,793 $ 93,874 Fair value $ 2,330 $ 33,471 $ 5,526 $ 47,569 $ 88,896 Weighted-average yield, GAAP basis (a) 1.30 % 1.39 % 3.65 % 2.93 % 2.36 % (a) Weighted-average yields are based on amortized cost with effective yields weighted for the contractual maturity of each security. Actual maturities and yields may differ as certain securities may be prepaid. At June 30, 2023, there were no securities of a single issuer, other than FNMA and FHLMC, that exceeded 10% of Total shareholders’ equity. The FNMA and FHLMC investments had a total amortized cost of $38.5 billion and $32.4 billion and fair value of $35.3 billion and $30.0 billion, respectively. The following table presents the fair value of securities that have been either pledged to or accepted from others to collateralize outstanding borrowings: Table 40: Fair Value of Securities Pledged and Accepted as Collateral In millions June 30, 2023 December 31, 2022 Pledged to others $ 27,347 $ 24,708 Accepted from others: Permitted by contract or custom to sell or repledge $ 1,160 $ 1,266 Permitted amount repledged to others $ 1,160 $ 1,266

Loans and Related Allowance for

Loans and Related Allowance for Credit Losses	6 Months Ended
Loans and Related Allowance for Credit Losses	Jun. 30, 2023
Asset Quality [Abstract]
Loans and Related Allowance for Credit Losses	L OANS A ND R ELATED A LLOWANCE F OR C REDIT L OSSES Loan Portfolio Our loan portfolio consists of two portfolio segments – Commercial and Consumer. Each of these segments comprises multiple loan classes. Classes are characterized by similarities in risk attributes and the manner in which we monitor and assess credit risk. Commercial Consumer • Commercial and industrial • Residential real estate • Commercial real estate • Home equity • Equipment lease financing • Automobile • Credit card • Education • Other consumer See Note 1 Accounting Policies for additional information on our loan related policies. Credit Quality We closely monitor economic conditions and loan performance trends to manage and evaluate our exposure to credit risk within the loan portfolio based on our defined loan classes. In doing so, we use several credit quality indicators, including trends in delinquency rates, nonperforming status, analysis of PD and LGD ratings, updated credit scores and originated and updated LTV ratios. We manage credit risk based on the risk profile of the borrower, repayment sources, underlying collateral and other support given current events, economic conditions and expectations. We refine our practices to meet the changing environment resulting from elevated inflation levels, labor-related supply chain pressures, higher interest rates, and structural and secular changes fostered by the pandemic. To mitigate losses and enhance customer support, we offer loan modifications and collection programs to assist our customers. Table 41 presents the composition and delinquency status of our loan portfolio at June 30, 2023 and December 31, 2022. Loan delinquencies include government insured or guaranteed loans and loans accounted for under the fair value option. Table 41: Analysis of Loan Portfolio (a) (b) (c) Accruing Dollars in millions Current or Less 30-59 60-89 90 Days Total Nonperforming Fair Value Total Loans June 30, 2023 Commercial Commercial and industrial $ 176,936 $ 64 $ 47 $ 112 $ 223 $ 470 $ 177,629 Commercial real estate 35,568 10 10 350 35,928 Equipment lease financing 6,374 14 5 19 7 6,400 Total commercial 218,878 88 52 112 252 827 219,957 Consumer Residential real estate 45,374 228 86 174 488 (d) 429 $ 543 46,834 Home equity 25,546 56 18 74 506 74 26,200 Automobile 14,823 84 20 5 109 133 15,065 Credit card 6,926 49 36 71 156 10 7,092 Education 1,960 33 17 48 98 (d) 2,058 Other consumer 4,512 17 9 9 35 8 4,555 Total consumer 99,141 467 186 307 960 1,086 617 101,804 Total $ 318,019 $ 555 $ 238 $ 419 $ 1,212 $ 1,913 $ 617 $ 321,761 Percentage of total loans 98.84 % 0.17 % 0.07 % 0.13 % 0.38 % 0.59 % 0.19 % 100.00 % December 31, 2022 Commercial Commercial and industrial $ 181,223 $ 169 $ 27 $ 137 $ 333 $ 663 $ 182,219 Commercial real estate 36,104 19 4 23 189 36,316 Equipment lease financing 6,484 20 4 24 6 6,514 Total commercial 223,811 208 35 137 380 858 225,049 Consumer Residential real estate 44,306 281 112 199 592 (d) 424 $ 567 45,889 Home equity 25,305 53 20 73 526 79 25,983 Automobile 14,543 106 25 7 138 155 14,836 Credit card 6,906 50 35 70 155 8 7,069 Education 2,058 34 22 59 115 (d) 2,173 Other consumer 4,975 15 12 10 37 14 5,026 Total consumer 98,093 539 226 345 1,110 1,127 646 100,976 Total $ 321,904 $ 747 $ 261 $ 482 $ 1,490 $ 1,985 $ 646 $ 326,025 Percentage of total loans 98.73 % 0.23 % 0.08 % 0.15 % 0.46 % 0.61 % 0.20 % 100.00 % (a) Amounts in table represent loans held for investment and do not include any associated ALLL. (b) Under the CARES Act credit reporting rules, certain loans modified due to pandemic related hardships are not being reported as past due as of June 30, 2023 and December 31, 2022 based on the contractual terms of the loan, even where borrowers may not be making payments on their loans during the modification period. The CARES Act credit reporting rules expire in the third quarter of 2023. (c) The accrued interest associated with our loan portfolio totaled $1.3 billion and $1.2 billion at June 30, 2023 and December 31, 2022, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (d) Past due loan amounts include government insured or guaranteed Residential real estate loans and Education loans totaling $0.3 billion and $0.1 billion at both June 30, 2023 and December 31, 2022. (e) Consumer loans accounted for under the fair value option for which we do not expect to collect substantially all principal and interest are subject to nonaccrual accounting and classification upon meeting any of our nonaccrual policy criteria. Given that these loans are not accounted for at amortized cost, they have been excluded from the nonperforming loan population. (f) Includes unearned income, unamortized deferred fees and costs on originated loans and premiums or discounts on purchased loans totaling $0.8 billion and $0.9 billion at June 30, 2023 and December 31, 2022, respectively. (g) Collateral dependent loans totaled $1.2 billion and $1.3 billion at June 30, 2023 and December 31, 2022, respectively. At June 30, 2023, we pledged $48.3 billion of commercial and other loans to the Federal Reserve Bank and $92.5 billion of residential real estate and other loans to the FHLB as collateral for the ability to borrow, if necessary. The comparable amounts at December 31, 2022 were $28.1 billion and $90.4 billion, respectively. Amounts pledged reflect the unpaid principal balances. Nonperforming Assets Nonperforming assets include nonperforming loans and leases, OREO and foreclosed assets. Nonperforming loans are those loans accounted for at amortized cost whose credit quality has deteriorated to the extent that full collection of contractual principal and interest is not probable. Interest income is not recognized on these loans. Loans accounted for under the fair value option are reported as performing loans; however, when nonaccrual criteria is met, interest income is not recognized on these loans. Additionally, certain government insured or guaranteed loans for which we expect to collect substantially all principal and interest are not reported as nonperforming loans and continue to accrue interest. See Note 1 Accounting Policies for additional information on our nonperforming loan and lease policies. The following table presents our nonperforming assets as of June 30, 2023 and December 31, 2022, respectively: Table 42: Nonperforming Assets Dollars in millions June 30, 2023 December 31, 2022 Nonperforming loans (a) Commercial $ 827 $ 858 Consumer (b) 1,086 1,127 Total nonperforming loans (c) 1,913 1,985 OREO and foreclosed assets 36 34 Total nonperforming assets $ 1,949 $ 2,019 Nonperforming loans to total loans 0.59 % 0.61 % Nonperforming assets to total loans, OREO and foreclosed assets 0.61 % 0.62 % Nonperforming assets to total assets 0.35 % 0.36 % (a) In connection with the adoption of ASU 2022-02, nonperforming loans as of June 30, 2023 include certain loans where terms were modified as a result of a borrower’s financial difficulty. Prior period amounts included nonperforming TDRs, for which accounting guidance was eliminated effective January 1, 2023. See Note 1 Accounting Policies and the Loan Modifications to Borrowers Experiencing Financial Difficulty section of this Note 3 for more information on our adoption of this ASU. (b) Excludes most unsecured consumer loans and lines of credit, which are charged off after 120 to 180 days past due and are not placed on nonperforming status. (c) Nonperforming loans for which there is no related ALLL totaled $0.8 billion at June 30, 2023 and primarily include loans with a fair value of collateral that exceeds the amortized cost basis. The comparable amount at December 31, 2022 was $0.7 billion. Additional Credit Quality Indicators by Loan Class Commercial Loan Classes See Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K for additional information related to these loan classes, including discussion around the credit quality indicators that we use to monitor and manage the credit risk associated with each loan class. The following table presents credit quality indicators for our commercial loan classes: Table 43: Commercial Credit Quality Indicators (a) (b) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 15,699 $ 32,220 $ 8,328 $ 6,279 $ 4,694 $ 14,114 $ 88,198 $ 61 $ 169,593 Criticized 102 1,820 556 344 268 819 4,092 35 8,036 Total commercial and industrial loans $ 15,801 $ 34,040 $ 8,884 $ 6,623 $ 4,962 $ 14,933 $ 92,290 $ 96 $ 177,629 Gross charge-offs $ 10 (c) $ 9 $ 27 $ 6 $ 1 $ 14 $ 74 $ 8 $ 149 Commercial real estate Pass Rated $ 2,589 $ 9,428 $ 3,773 $ 2,513 $ 5,139 $ 8,571 $ 339 $ 32,352 Criticized 59 294 253 321 668 1,963 18 3,576 Total commercial real estate loans $ 2,648 $ 9,722 $ 4,026 $ 2,834 $ 5,807 $ 10,534 $ 357 $ 35,928 Gross charge-offs $ 12 $ 87 $ 99 Equipment lease financing Pass Rated $ 658 $ 1,673 $ 845 $ 819 $ 559 $ 1,567 $ 6,121 Criticized 30 64 50 53 37 45 279 Total equipment lease financing loans $ 688 $ 1,737 $ 895 $ 872 $ 596 $ 1,612 $ 6,400 Gross charge-offs $ 1 $ 1 $ 3 $ 1 $ 1 $ 7 Total commercial loans $ 19,137 $ 45,499 $ 13,805 $ 10,329 $ 11,365 $ 27,079 $ 92,647 $ 96 $ 219,957 Total commercial gross charge-offs $ 10 $ 10 $ 28 $ 9 $ 14 $ 102 $ 74 $ 8 $ 255 Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 41,685 $ 12,493 $ 8,134 $ 6,261 $ 4,209 $ 13,165 $ 89,384 $ 69 $ 175,400 Criticized 1,259 423 277 299 297 551 3,682 31 6,819 Total commercial and industrial 42,944 12,916 8,411 6,560 4,506 13,716 93,066 100 182,219 Commercial real estate Pass Rated 8,835 4,153 3,266 5,511 3,005 7,454 450 32,674 Criticized 348 37 322 758 807 1,367 3 3,642 Total commercial real estate 9,183 4,190 3,588 6,269 3,812 8,821 453 36,316 Equipment lease financing Pass Rated 1,797 962 942 670 410 1,495 6,276 Criticized 60 55 56 39 17 11 238 Total equipment lease financing 1,857 1,017 998 709 427 1,506 6,514 Total commercial $ 53,984 $ 18,123 $ 12,997 $ 13,538 $ 8,745 $ 24,043 $ 93,519 $ 100 $ 225,049 (a) Loans in our commercial portfolio are classified as Pass Rated or Criticized based on the regulatory definitions, which are driven by the PD and LGD ratings that we assign. The Criticized classification includes loans that were rated special mention, substandard or doubtful as of June 30, 2023 and December 31, 2022. (b) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. (c) Includes charge-offs of deposit overdrafts. Consumer Loan Classes See Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K for additional information related to these loan classes, including discussion around the credit quality indicators that we use to monitor and manage the credit risk associated with each loan class. Residential Real Estate and Home Equity The following table presents credit quality indicators for our residential real estate and home equity loan classes: Table 44: Credit Quality Indicators for Residential Real Estate and Home Equity Loan Classes (a) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 22 $ 129 $ 122 $ 40 $ 11 $ 38 $ 362 Greater than or equal to 80% to 100% 1,191 4,612 1,441 249 79 127 7,699 Less than 80% 1,804 5,571 14,351 6,715 2,232 7,367 38,040 No LTV available 52 13 5 70 Government insured or guaranteed loans 4 16 17 69 38 519 663 Total residential real estate loans $ 3,073 $ 10,328 $ 15,944 $ 7,073 $ 2,360 $ 8,056 $ 46,834 Updated FICO scores Greater than or equal to 780 $ 1,570 $ 7,692 $ 12,519 $ 5,207 $ 1,565 $ 4,253 $ 32,806 720 to 779 1,090 2,033 2,508 1,172 446 1,500 8,749 660 to 719 201 511 691 338 162 786 2,689 Less than 660 81 63 114 110 90 710 1,168 No FICO score available 127 13 95 177 59 288 759 Government insured or guaranteed loans 4 16 17 69 38 519 663 Total residential real estate loans $ 3,073 $ 10,328 $ 15,944 $ 7,073 $ 2,360 $ 8,056 $ 46,834 Gross charge-offs $ 1 $ 1 $ 3 $ 5 Home equity Current estimated LTV ratios Greater than 100% $ 3 $ 15 $ 8 $ 16 $ 325 $ 292 $ 659 Greater than or equal to 80% to 100% 6 53 26 32 1,315 2,074 3,506 Less than 80% 163 1,963 895 2,819 6,937 9,258 22,035 Total home equity loans $ 172 $ 2,031 $ 929 $ 2,867 $ 8,577 $ 11,624 $ 26,200 Updated FICO scores Greater than or equal to 780 $ 110 $ 1,319 $ 522 $ 1,770 $ 4,854 $ 6,020 $ 14,595 720 to 779 39 467 230 554 2,230 3,109 6,629 660 to 719 18 188 123 295 1,168 1,656 3,448 Less than 660 5 55 53 239 313 780 1,445 No FICO score available 2 1 9 12 59 83 Total home equity loans $ 172 $ 2,031 $ 929 $ 2,867 $ 8,577 $ 11,624 $ 26,200 Gross charge-offs $ 2 $ 9 $ 11 (Continued from previous page) Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Loans Residential real estate Current estimated LTV ratios Greater than 100% $ 4 $ 52 $ 20 $ 10 $ 4 $ 41 $ 131 Greater than or equal to 80% to 100% 1,185 678 232 84 24 92 2,295 Less than 80% 9,396 15,844 7,074 2,346 822 7,220 42,702 No LTV available 61 3 4 68 Government insured or guaranteed loans 9 15 66 39 28 536 693 Total residential real estate $ 10,594 $ 16,650 $ 7,392 $ 2,482 $ 878 $ 7,893 $ 45,889 Updated FICO scores Greater than or equal to 780 $ 6,825 $ 12,596 $ 5,276 $ 1,623 $ 463 $ 4,027 $ 30,810 720 to 779 3,172 3,024 1,369 476 180 1,457 9,678 660 to 719 514 744 378 189 98 796 2,719 Less than 660 63 108 110 88 71 740 1,180 No FICO score available 11 163 193 67 38 337 809 Government insured or guaranteed loans 9 15 66 39 28 536 693 Total residential real estate $ 10,594 $ 16,650 $ 7,392 $ 2,482 $ 878 $ 7,893 $ 45,889 Home equity Current estimated LTV ratios Greater than 100% $ 4 $ 14 $ 9 $ 2 $ 15 $ 268 $ 137 $ 449 Greater than or equal to 80% to 100% 4 51 27 4 31 854 1,149 2,120 Less than 80% 172 2,078 961 285 2,851 7,780 9,287 23,414 Total home equity $ 180 $ 2,143 $ 997 $ 291 $ 2,897 $ 8,902 $ 10,573 $ 25,983 Updated FICO scores Greater than or equal to 780 $ 110 $ 1,357 $ 554 $ 155 $ 1,791 $ 5,093 $ 5,545 $ 14,605 720 to 779 47 515 248 64 567 2,305 2,843 6,589 660 to 719 19 211 140 42 288 1,146 1,449 3,295 Less than 660 4 57 54 29 242 342 671 1,399 No FICO score available 3 1 1 9 16 65 95 Total home equity $ 180 $ 2,143 $ 997 $ 291 $ 2,897 $ 8,902 $ 10,573 $ 25,983 (a) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. Automobile, Credit Card, Education and Other Consumer The following table presents credit quality indicators for our automobile, credit card, education and other consumer loan classes: Table 45: Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes (a) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO scores Greater than or equal to 780 $ 1,706 $ 1,907 $ 1,846 $ 728 $ 554 $ 180 $ 6,921 720 to 779 1,066 1,426 1,005 411 374 160 4,442 660 to 719 538 766 510 251 275 137 2,477 Less than 660 74 254 260 185 272 180 1,225 Total automobile loans $ 3,384 $ 4,353 $ 3,621 $ 1,575 $ 1,475 $ 657 $ 15,065 Gross charge-offs $ 10 $ 12 $ 9 $ 17 $ 13 $ 61 Credit card Updated FICO scores Greater than or equal to 780 $ 1,954 $ 1 $ 1,955 720 to 779 2,022 5 2,027 660 to 719 1,967 13 1,980 Less than 660 983 38 1,021 No FICO score available or required (b) 106 3 109 Total credit card loans $ 7,032 $ 60 $ 7,092 Gross charge-offs $ 141 $ 13 $ 154 Education Updated FICO scores Greater than or equal to 780 $ 15 $ 94 $ 50 $ 44 $ 56 $ 373 $ 632 720 to 779 14 51 26 22 27 147 287 660 to 719 6 16 7 7 8 59 103 Less than 660 1 3 1 1 2 23 31 No FICO score available or required (b) 4 6 5 5 2 1 23 Total loans using FICO credit metric 40 170 89 79 95 603 1,076 Other internal credit metrics 982 982 Total education loans $ 40 $ 170 $ 89 $ 79 $ 95 $ 1,585 $ 2,058 Gross charge-offs $ 1 $ 1 $ 7 $ 9 Other consumer Updated FICO scores Greater than or equal to 780 $ 136 $ 183 $ 69 $ 34 $ 27 $ 19 $ 41 $ 2 $ 511 720 to 779 186 224 85 41 35 19 82 1 673 660 to 719 70 166 80 45 39 19 88 2 509 Less than 660 5 49 39 26 25 14 42 2 202 Total loans using FICO credit metric 397 622 273 146 126 71 253 7 1,895 Other internal credit metrics 21 116 31 19 74 26 2,358 15 2,660 Total other consumer loans $ 418 $ 738 $ 304 $ 165 $ 200 $ 97 $ 2,611 $ 22 $ 4,555 Gross charge-offs $ 32 (c) $ 9 $ 10 $ 8 $ 9 $ 5 $ 6 $ 1 $ 80 (Continued from previous page) Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Loans Updated FICO Scores Automobile Greater than or equal to 780 $ 2,390 $ 2,162 $ 922 $ 760 $ 241 $ 75 $ 6,550 720 to 779 1,702 1,312 561 538 222 69 4,404 660 to 719 854 660 341 401 187 56 2,499 Less than 660 193 290 230 368 228 74 1,383 Total automobile $ 5,139 $ 4,424 $ 2,054 $ 2,067 $ 878 $ 274 $ 14,836 Credit card Greater than or equal to 780 $ 1,954 $ 2 $ 1,956 720 to 779 1,994 6 2,000 660 to 719 1,957 13 1,970 Less than 660 1,001 35 1,036 No FICO score available or required (b) 104 3 107 Total credit card $ 7,010 $ 59 $ 7,069 Education Greater than or equal to 780 $ 42 $ 53 $ 48 $ 61 $ 51 $ 357 $ 612 720 to 779 39 27 24 30 24 143 287 660 to 719 21 8 8 9 8 59 113 Less than 660 4 1 1 2 2 24 34 No FICO score available or required (b) 20 8 7 3 1 39 Education loans using FICO credit metric 126 97 88 105 85 584 1,085 Other internal credit metrics 1,088 1,088 Total education $ 126 $ 97 $ 88 $ 105 $ 85 $ 1,672 $ 2,173 Other consumer Greater than or equal to 780 $ 224 $ 97 $ 53 $ 46 $ 14 $ 18 $ 47 $ 2 $ 501 720 to 779 302 122 68 62 20 15 89 2 680 660 to 719 229 110 68 66 28 8 95 2 606 Less than 660 32 48 37 40 20 6 44 2 229 Other consumer loans using FICO credit metric 787 377 226 214 82 47 275 8 2,016 Other internal credit metrics 125 43 40 34 7 29 2,720 12 3,010 Total other consumer $ 912 $ 420 $ 266 $ 248 $ 89 $ 76 $ 2,995 $ 20 $ 5,026 (a) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. (b) Loans with no FICO score available or required generally refers to new accounts issued to borrowers with limited credit history, accounts for which we cannot obtain an updated FICO score ( e.g. , recent profile changes), cards issued with a business name and/or cards secured by collateral. Management proactively assesses the risk and size of this loan category and, when necessary, takes actions to mitigate the credit risk. (c) Includes charge-offs of deposit overdrafts. Loan Modifications to Borrowers Experiencing Financial Difficulty On January 1, 2023, we adopted ASU 2022-02, which eliminates the accounting guidance for TDRs and enhances the disclosure requirements for certain loan modifications when a borrower is experiencing financial difficulty (FDMs). FDMs occur as a result of our loss mitigation activities. A variety of solutions are offered to borrowers, including loan modifications that may result in principal forgiveness, interest rate reductions, term extensions, payment delays, repayment plans or combinations thereof: • Principal forgiveness includes principal and accrued interest forgiveness. • Interest rate reductions include modifications where the interest rate is reduced and/or interest is deferred. • Term extensions extend the original contractual maturity date of the loan. • Payment delays consist of modifications where we expect to collect contractual amounts due, but that result in a delay in the receipt of payments specified under the original loan terms. We generally consider payment delays to be insignificant when the delay is three months or less. • Repayment plans are offered for some of our credit card and unsecured line of credit products, which provide for a reduced payment and interest rate for a specific period of time. Additionally, modifications to borrowers experiencing financial difficulty also result from borrowers that have been discharged from personal liability through Chapter 7 bankruptcy and have not formally reaffirmed their obligations to us, and those that enter into trial modifications. FDMs exclude loans held for sale and loans accounted for under the fair value option. Our disclosed FDM population also excludes government insured or guaranteed education loans as loss mitigation activities for these loans are either required by law or they are considered separate from PNC’s loss mitigation treatments. Commercial loans with an appraised value of collateral that exceeds the loan value, loans with guarantor support, and residential mortgage government insured or guaranteed loans are included in our disclosed population of FDMs when those loan modifications are granted to a borrower experiencing financial difficulty. Refer to Note 1 Accounting Policies for additional information around our adoption of ASU 2022-02. The following table presents the amortized cost basis, as of June 30, 2023, of FDMs granted during the three and six months ended June 30, 2023: Table 46: Loan Modifications Granted to Borrowers Experiencing Financial Difficulty (a) Three months ended June 30, 2023 Dollars in millions Principal Forgiveness Interest Rate Reduction Term Extension Payment Delay Repayment Plan Interest Rate Reduction and Term Extension Other (b) Total % of Loan Class Commercial Commercial and industrial $ 366 $ 59 $ 87 $ 512 0.29 % Commercial real estate 228 60 288 0.80 % Total commercial 594 59 147 800 0.36 % Consumer Residential real estate $ 1 35 $ 1 2 39 0.08 % Home equity 3 2 5 10 0.04 % Credit card $ 18 18 0.25 % Education 1 1 0.05 % Other consumer 1 1 0.02 % Total consumer 1 1 38 19 3 7 69 0.07 % Total $ 1 $ 595 $ 97 $ 19 $ 3 $ 154 $ 869 0.27 % Six months ended June 30, 2023 Dollars in millions Commercial Commercial and industrial $ 1 $ 432 $ 72 $ 91 $ 596 0.34 % Commercial real estate 493 60 553 1.54 % Total commercial 1 925 72 151 1,149 0.52 % Consumer Residential real estate $ 1 72 $ 2 3 78 0.17 % Home equity 4 5 6 15 0.06 % Credit card $ 30 30 0.42 % Education 2 2 0.10 % Other consumer 1 1 0.02 % Total consumer 1 2 76 31 7 9 126 0.12 % Total $ 1 $ 1 $ 927 $ 148 $ 31 $ 7 $ 160 $ 1,275 0.40 % (a) At June 30, 2023, there were $0.1 billion of unfunded lending related commitments associated with FDMs. (b) Includes loans where we have received notification that a borrower has filed for Chapter 7 bankruptcy relief, but specific instructions as to the terms of the relief have not been formally ruled upon by the court. Amounts also include trial modifications. Table 47 presents the financial effect of FDMs granted during the three and six months ended June 30, 2023: Table 47: Financial Effect of FDMs (a) Three months ended June 30, 2023 Dollars in millions Total Principal Forgiveness Weighted-Average Interest Rate Reduction Weighted-Average Term Extension Weighted-Average Payment Delay Commercial Commercial and industrial 9 10 Commercial real estate 20 Consumer Residential real estate 1.17 % 123 8 Home equity 1.29 % 66 3 Education 19 Six months ended June 30, 2023 Dollars in millions Commercial Commercial and industrial $ 2 10 6 Commercial real estate 17 Consumer Residential real estate 1.34 % 111 8 Home equity 1.41 % 58 4 Education 17 (a) Excludes the financial effects of modifications for loans that were paid off, charged-off or otherwise liquidated as of period end. Repayment plans are excluded from Table 47. The terms of these programs, which are offered for certain credit card and unsecured line of credit products, are as follows: • Short-term programs are granted for periods of 6 and 12 months. These programs are structurally similar such that the interest rate is reduced to a standard rate of 4.99% and the minimum payment percentage is adjusted to 1.90% of the outstanding balance. At the end of the 6 or 12 months, the borrower is returned to the original contractual interest rate and minimum payment amount specified in the original lending agreement. • Fully-amortized repayment plans are also granted, the most common of which being a 60-month program. In this program, we convert the borrower’s drawn and unpaid balances into a fully-amortized repayment plan consisting of an interest rate of 4.99% and a minimum payment amount of 1.90%. This fully-amortized program is designed in a manner that allows the drawn and unpaid amounts to be recaptured at the end of the 60 months. After we modify a loan, we continue to track its performance under its most recent modified terms. The following table presents the performance, as of June 30, 2023, of FDMs granted during the six months ended June 30, 2023: Table 48: Delinquency Status of FDMs (a) Six months ended June 30, 2023 Dollars in millions Current or Less Than 30 Days Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days Nonperforming Total Commercial Commercial and industrial $ 494 $ 4 $ 1 $ 97 $ 596 Commercial real estate 520 33 553 Total commercial 1,014 4 1 130 1,149 Consumer Residential real estate 1 77 78 Home equity 15 15 Credit card 20 $ 3 3 4 30 Education 2 2 Other consumer 1 1 Total consumer 23 3 3 4 93 126 Total $ 1,037 $ 3 $ 7 $ 5 $ 223 $ 1,275 (a) Represents amortized cost basis. We generally consider FDMs to have subsequently defaulted when they become 60 days past due after the most recent date the loan was modified. Loans that were both (i) modified due to a financial difficulty during the period, and (ii) subsequently defaulted during the three and six months ended June 30, 2023 were $46 million and $48 million, respectively. Troubled Debt Restructuring Disclosures Prior to the Adoption of ASU 2022-02 Table 49 quantifies the number of loans that were classified as TDRs as well as the change in the loans’ balance as a result of becoming a TDR during the three and six months ended June 30, 2022. Additionally, the table provides information about the types of TDR concessions. See Note 1 Accounting Policies and Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K for additional discussion of TDRs. Table 49: Financial Impact and TDRs by Concession Type (a) Pre-TDR Post-TDR Amortized Cost Basis (c) During the three months ended June 30, 2022 Dollars in millions Number Principal Rate Other Total Commercial 15 $ 35 $ 9 $ 22 $ 31 Consumer 3,025 50 $ 40 5 45 Total TDRs 3,040 $ 85 $ 9 $ 40 $ 27 $ 76 During the six months ended June 30, 2022 Dollars in millions Commercial 27 $ 88 $ 9 $ 68 $ 77 Consumer 5,920 86 $ 66 12 78 Total TDRs 5,947 $ 174 $ 9 $ 66 $ 80 $ 155 (a) Impact of partial charge-offs at TDR date is included in this table. (b) Represents the amortized cost basis of the loans as of the quarter end prior to TDR designation. (c) Represents the amortized cost basis of the TDRs as of the end of the quarter in which the TDR occurred. After a loan was determined to be a TDR, we continued to track its performance under its most recent restructured terms. We considered a TDR to have subsequently defaulted when it became 60 days past due after the most recent date the loan was restructured. Loans that were both (i) classified as TDRs within the last twelve months from the balance sheet date, and (ii) subsequently defaulted during the three and six months ended June 30, 2022 totaled $20 million and $27 million, respectively. Allowance for Credit Losses We maintain the ACL related to loans at levels that we believe to be appropriate to absorb expected credit losses in the portfolios as of the balance sheet date. See Note 1 Accounting Policies for a discussion of the methodologies used to determine this allowance. A rollforward of the ACL related to loans follows: Table 50: Rollforward of Allowance for Credit Losses Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 In millions Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Allowance for loan and lease losses Beginning balance $ 3,046 $ 1,695 $ 4,741 $ 3,003 $ 1,555 $ 4,558 $ 3,114 $ 1,627 $ 4,741 $ 3,185 $ 1,683 $ 4,868 Adoption of ASU 2022-02 (a) (35) (35) Beginning balance, adjusted 3,046 1,695 4,741 3,003 1,555 4,558 3,114 1,592 4,706 3,185 1,683 4,868 Charge-offs (135) (158) (293) (37) (158) (195) (255) (320) (575) (89) (357) (446) Recoveries 36 63 99 19 93 112 61 125 186 53 173 226 Net (charge-offs) (99) (95) (194) (18) (65) (83) (194) (195) (389) (36) (184) (220) Provision for (recapture of) credit losses 195 (6) 189 (45) 35 (10) 220 198 418 (208) 26 (182) Other 1 1 (3) (3) 2 2 (4) (4) Ending balance $ 3,142 $ 1,595 $ 4,737 $ 2,937 $ 1,525 $ 4,462 $ 3,142 $ 1,595 $ 4,737 $ 2,937 $ 1,525 $ 4,462 Allowance for unfunded lending related commitments (b) Beginning balance $ 560 $ 112 $ 672 $ 587 $ 52 $ 639 $ 613 $ 81 $ 694 $ 564 $ 98 $ 662 Provision for (recapture of) credit losses (5) (4) (9) 43 (1) 42 (58) 27 (31) 66 (47) 19 Ending balance $ 555 $ 108 $ 663 $ 630 $ 51 $ 681 $ 555 $ 108 $ 663 $ 630 $ 51 $ 681 Allowance for credit losses at June 30 (c) $ 3,697 $ 1,703 $ 5,400 $ 3,567 $ 1,576 $ 5,143 $ 3,697 $ 1,703 $ 5,400 $ 3,567 $ 1,576 $ 5,143 (a) Represents the impact of adopting ASU 2022-02 on January 1, 2023. As a result of adoption, we eliminated the accounting guidance for TDRs, including the use of a discounted cash flow approach to measure the allowance for TDRs. (b) See Note 8 Commitments for additional information about the underlying commitments related to this allowance. (c) Represents the ALLL plus allowance for unfunded lending related commitments and excludes allowances for investment securities and other financial assets, which together totaled $171 million and $163 million at June 30, 2023 and 2022, respectively.

Loan Sale and Servicing Activit

Loan Sale and Servicing Activities and Variable Interest Entities	6 Months Ended
	Jun. 30, 2023
Loan Sale and Servicing Activities and Variable Interest Entities [Abstract]
Loan Sale and Servicing Activities and Variable Interest Entities	L OAN S ALE AND S ERVICING A CTIVITIES AND V ARIABLE I NTEREST E NTITIES Loan Sale and Servicing Activities As more fully described in Note 5 Loan Sale and Servicing Activities and Variable Interest Entities in our 2022 Form 10-K, we have transferred residential and commercial mortgage loans in securitization or sales transactions in which we have continuing involvement. Our continuing involvement in the FNMA, FHLMC and GNMA securitizations, Non-agency securitizations and loan sale transactions generally consists of servicing, repurchasing previously transferred loans under certain conditions and loss share arrangements, and, in limited circumstances, holding of mortgage-backed securities issued by the securitization SPEs. We earn servicing and other ancillary fees for our role as servicer and, depending on the contractual terms of the servicing arrangement, we can be terminated as servicer with or without cause. At the consummation date of each type of loan transfer where we retain the servicing, we recognize a servicing right at fair value. See Note 8 Commitments and Note 11 Fair Value for information on our servicing rights, including the carrying value of servicing assets. The following table provides our loan sale and servicing activities: Table 51: Loan Sale and Servicing Activities In millions Residential Mortgages Commercial Mortgages (a) Cash Flows - Three months ended June 30, 2023 Sales of loans and related securitization activity (b) $ 655 $ 1,202 Repurchases of previously transferred loans (c) $ 22 Servicing fees (d) $ 127 $ 49 Servicing advances recovered/(funded), net $ 11 $ (15) Cash flows on mortgage-backed securities held (e) $ 695 $ 18 Cash Flows - Three months ended June 30, 2022 Sales of loans and related securitization activity (b) $ 1,454 $ 929 Repurchases of previously transferred loans (c) $ 57 Servicing fees (d) $ 91 $ 47 Servicing advances recovered/(funded), net $ 1 $ (17) Cash flows on mortgage-backed securities held (e) $ 1,029 $ 14 Cash Flows - Six months ended June 30, 2023 Sales of loans and related securitization activity (b) $ 1,171 $ 2,156 Repurchases of previously transferred loans (c) $ 51 $ 9 Servicing fees (d) $ 255 $ 95 Servicing advances recovered/(funded), net $ 39 $ (64) Cash flows on mortgage-backed securities held (e) $ 1,298 $ 30 Cash Flows - Six months ended June 30, 2022 Sales of loans and related securitization activity (b) $ 3,348 $ 1,839 Repurchases of previously transferred loans (c) $ 105 $ 27 Servicing fees (d) $ 184 $ 89 Servicing advances recovered/(funded), net $ 33 $ 4 Cash flows on mortgage-backed securities held (e) $ 2,325 $ 28 (a) Represents both commercial mortgage loan transfer and servicing activities. (b) Gains/losses recognized on sales of loans were insignificant for the periods presented. (c) Includes both residential and commercial mortgage government insured or guaranteed loans eligible for repurchase through the exercise of our ROAP option, as well as residential mortgage loans repurchased due to alleged breaches of origination covenants or representations and warranties made to purchasers. (d) Includes contractually specified servicing fees, late charges and ancillary fees. (e) Represents cash flows on securities where we transferred to and/or service loans for a securitization SPE and we hold securities issued by that SPE. The carrying values of such securities held were $21.2 billion, $21.4 billion and $19.1 billion in residential mortgage-backed securities and $0.7 billion, $0.7 billion and $0.8 billion in commercial mortgage-backed securities at June 30, 2023, December 31, 2022 and June 30, 2022, respectively. Table 52 presents information about the principal balances of transferred loans that we service and are not recorded on our Consolidated Balance Sheet. We would only experience a loss on these transferred loans if we were required to repurchase a loan, where the repurchase price exceeded the loan’s fair value, due to a breach in representations and warranties or a loss sharing arrangement associated with our continuing involvement with these loans. The estimate of losses related to breaches in representations and warranties was insignificant at June 30, 2023. Table 52: Principal Balance, Delinquent Loans and Net Charge-offs Related to Serviced Loans For Others In millions Residential Mortgages Commercial Mortgages (a) June 30, 2023 Total principal balance $ 39,893 $ 39,306 Delinquent loans (b) $ 317 December 31, 2022 Total principal balance $ 41,031 $ 57,974 Delinquent loans (b) $ 346 Three months ended June 30, 2022 (c) Net charge-offs (d) $ 1 $ 3 Six months ended June 30, 2023 Net charge-offs (d) $ 2 $ 4 Six months ended June 30, 2022 Net charge-offs (d) $ 2 $ 3 (a) Represents information at the securitization level in which we have sold loans and we are the servicer for the securitization. (b) Serviced delinquent loans are 90 days or more past due or are in process of foreclosure. (c) There were no net charge-offs for Residential or Commercial mortgages for the three months ended June 30, 2023. (d) Net charge-offs for Residential mortgages represent credit losses less recoveries distributed and as reported to investors during the period. Net charge-offs for commercial mortgages represent credit losses less recoveries distributed and as reported by the trustee for commercial mortgage-backed securitizations. Realized losses for Agency securitizations are not reflected as we do not manage the underlying real estate upon foreclosure and, as such, do not have access to loss information. Variable Interest Entities (VIEs) As discussed in Note 5 Loan Sale and Servicing Activities and Variable Interest Entities included in our 2022 Form 10-K, we are involved with various entities in the normal course of business that are deemed to be VIEs. The following table provides a summary of non-consolidated VIEs with which we have significant continuing involvement but are not the primary beneficiary. We have excluded certain transactions with non-consolidated VIEs from the balances presented in Table 53 where we have determined that our continuing involvement is insignificant. We do not consider our continuing involvement to be significant when it relates to a VIE where we only invest in securities issued by the VIE and were not involved in the design of the VIE or where no transfers have occurred between us and the VIE. In addition, where we only have lending arrangements in the normal course of business with entities that could be VIEs, we have excluded these transactions with non-consolidated entities from the balances presented in Table 53. These loans are included as part of the credit quality disclosures that we make in Note 3 Loans and Related Allowance for Credit Losses. Table 53: Non-Consolidated VIEs In millions PNC Risk of Loss (a) Carrying Value of Assets Carrying Value of Liabilities June 30, 2023 Mortgage-backed securitizations (b) $ 22,732 $ 22,735 (c) $ 1 Tax credit investments and other 4,424 4,263 (d) 2,047 (e) Total $ 27,156 $ 26,998 $ 2,048 December 31, 2022 Mortgage-backed securitizations (b) $ 22,666 $ 22,670 (c) $ 1 Tax credit investments and other 4,411 4,240 (d) 2,063 (e) Total $ 27,077 $ 26,910 $ 2,064 (a) Represents loans, investments and other assets related to non-consolidated VIEs, net of collateral (if applicable). The risk of loss excludes any potential tax recapture associated with tax credit investments. (b) Amounts reflect involvement with securitization SPEs where we transferred to and/or service loans for an SPE and we hold securities issued by that SPE. Values disclosed in the PNC Risk of Loss column represent our maximum exposure to loss for those securities’ holdings. (c) Included in Investment securities, Mortgage servicing rights and Other assets on our Consolidated Balance Sheet. (d) Included in Investment securities, Loans, Equity investments and Other assets on our Consolidated Balance Sheet. (e) Included in Deposits and Other liabilities on our Consolidated Balance Sheet.

Goodwill and Mortgage Servicing

Goodwill and Mortgage Servicing Rights	6 Months Ended
Goodwill and Mortgage Servicing Rights	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Mortgage Servicing Rights	G OODWILL AND M ORTGAGE S ERVICING R IGHTS Goodwill See Note 6 Goodwill and Mortgage Servicing Rights in our 2022 Form 10-K for more information regarding our goodwill. Mortgage Servicing Rights We recognize the right to service mortgage loans for others as an intangible asset when the benefits of servicing are expected to be more than adequate compensation to a servicer for performing the servicing. MSRs are recognized either when purchased or when originated loans are sold with servicing retained. MSRs totaled $3.5 billion at June 30, 2023 and $3.4 billion at December 31, 2022, and consisted of loan servicing contracts for commercial and residential mortgages which are measured at fair value. We recognize gains (losses) on changes in the fair value of MSRs. MSRs are subject to changes in value from actual or expected prepayment of the underlying loans and defaults, as well as market driven changes in interest rates. We manage this risk by economically hedging the fair value of MSRs with securities, derivative instruments and resale agreements, which are expected to increase (or decrease) in value when the value of MSRs decreases (or increases). See the Sensitivity Analysis section of this Note 5 for more detail on our fair value measurement of MSRs. See Note 6 Goodwill and Mortgage Servicing Rights and Note 15 Fair Value in our 2022 Form 10-K for more detail on our fair value measurement and our accounting of MSRs. Changes in the commercial and residential MSRs follow: Table 54: Mortgage Servicing Rights Commercial MSRs Residential MSRs In millions 2023 2022 2023 2022 January 1 $ 1,113 $ 740 $ 2,310 $ 1,078 Additions: From loans sold with servicing retained 32 35 10 38 Purchases 17 25 109 257 Changes in fair value due to: Time and payoffs (a) (164) (74) (113) (123) Other (b) 108 262 33 370 June 30 $ 1,106 $ 988 $ 2,349 $ 1,620 Related unpaid principal balance of loans serviced at June 30 $ 280,023 $ 281,671 $ 191,274 $ 144,533 Servicing advances at June 30 $ 485 $ 459 $ 126 $ 143 (a) Represents decrease in MSR value due to passage of time, including the impact from regularly scheduled loan principal payments, prepayments and loans that were paid off during the period. (b) Represents MSR value changes resulting primarily from market-driven changes in interest rates. Sensitivity Analysis The fair value of commercial and residential MSRs and significant inputs to the valuation models as of June 30, 2023 and December 31, 2022 are shown in Tables 55 and 56. The expected and actual rates of mortgage loan prepayments are significant factors driving the fair value. Management uses both internal proprietary models and a third-party model to estimate future commercial mortgage loan prepayments and a third-party model to estimate future residential mortgage loan prepayments. These models have been refined based on current market conditions and management judgment. Future interest rates are another important factor in the valuation of MSRs. Management utilizes market implied forward interest rates to estimate the future direction of mortgage and discount rates. The forward rates utilized are derived from the current yield curve for U.S. dollar interest rate swaps and are consistent with pricing of capital markets instruments. Changes in the shape and slope of the forward curve in future periods may result in volatility in the fair value estimate. A sensitivity analysis of the hypothetical effect on the fair value of MSRs to adverse changes in key assumptions is presented in Tables 55 and 56. These sensitivities do not include the impact of the related hedging activities. Changes in fair value generally cannot be extrapolated because the relationship of the change in the assumption to the change in fair value may not be linear. Also, the effect of a variation in a particular assumption on the fair value of the MSRs is calculated independently without changing any other assumption. In reality, changes in one factor may result in changes in another ( e.g. , changes in mortgage interest rates, which drive changes in prepayment rate estimates, could result in changes in the interest rate spread), which could either magnify or counteract the sensitivities. Table 55: Commercial Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions June 30, 2023 December 31, 2022 Fair value $ 1,106 $ 1,113 Weighted-average life (years) 3.9 4.0 Weighted-average constant prepayment rate 4.38 % 4.28 % Decline in fair value from 10% adverse change $ 7 $ 8 Decline in fair value from 20% adverse change $ 14 $ 15 Effective discount rate 9.89 % 9.77 % Decline in fair value from 10% adverse change $ 33 $ 34 Decline in fair value from 20% adverse change $ 65 $ 68 Table 56: Residential Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions June 30, 2023 December 31, 2022 Fair value $ 2,349 $ 2,310 Weighted-average life (years) 7.8 8.0 Weighted-average constant prepayment rate 6.91 % 6.72 % Decline in fair value from 10% adverse change $ 56 $ 55 Decline in fair value from 20% adverse change $ 108 $ 107 Weighted-average option adjusted spread 767 bps 766 bps Decline in fair value from 10% adverse change $ 69 $ 69 Decline in fair value from 20% adverse change $ 135 $ 134 Fees from mortgage loan servicing, which include contractually specified servicing fees, late fees and ancillary fees were $0.2 billion for both the three months ended June 30, 2023 and 2022, and $0.4 billion and $0.3 billion for the six months ended June 30, 2023 and 2022, respectively. We also generate servicing fees from fee-based activities provided to others for which we do not have an associated servicing asset. Fees from commercial and residential MSRs are reported within Noninterest income on our Consolidated Income Statement in Residential and commercial mortgage.

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2023
Leases [Abstract]
Leases	LEASESPNC’s lessor arrangements primarily consist of direct financing, sales-type and operating leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. For more information on lease accounting, see Note 1 Accounting Policies and Note 7 Leases in our 2022 Form 10-K. Table 57: Lessor Income Three months ended Six months ended June 30 In millions 2023 2022 2023 2022 Sales-type and direct financing leases (a) $ 73 $ 57 $ 143 $ 116 Operating leases (b) 15 16 31 33 Lease income $ 88 $ 73 $ 174 $ 149 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Leases	LEASESPNC’s lessor arrangements primarily consist of direct financing, sales-type and operating leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. For more information on lease accounting, see Note 1 Accounting Policies and Note 7 Leases in our 2022 Form 10-K. Table 57: Lessor Income Three months ended Six months ended June 30 In millions 2023 2022 2023 2022 Sales-type and direct financing leases (a) $ 73 $ 57 $ 143 $ 116 Operating leases (b) 15 16 31 33 Lease income $ 88 $ 73 $ 174 $ 149 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.

Borrowed Funds

Borrowed Funds	6 Months Ended
Borrowed Funds	Jun. 30, 2023
Debt Disclosure [Abstract]
Borrowed Funds	B ORROWED F UNDS Table 58: Borrowed Funds In millions Less than 1 year $ 7,487 1 to 2 years 26,319 2 to 3 years 11,611 3 to 4 years 3,492 4 to 5 years 1,805 Over 5 years 14,670 Total $ 65,384 The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of June 30, 2023, and the carrying values as of June 30, 2023 and December 31, 2022. Table 59: FHLB Borrowings, Senior Debt and Subordinated Debt Stated Rate Maturity Carrying Value Dollars in millions June 30, 2023 June 30, 2023 June 30, 2023 December 31, 2022 Parent Company Senior debt 1.15% - 6.04% 2024-2034 $ 17,480 $ 11,374 Subordinated debt 3.90% - 4.63% 2024-2033 1,526 1,524 Junior subordinated debt 6.07 % 2028 206 205 Total Parent Company 19,212 13,103 Bank Federal Home Loan Bank borrowings (a) 5.25% - 5.48% 2024-2026 34,000 32,075 Senior debt 2.50% - 5.88% 2024-2043 4,525 5,283 Subordinated debt 2.70% - 5.90% 2023-2029 3,816 4,578 Total Bank 42,341 41,936 Total $ 61,553 $ 55,039 (a) FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities. In Table 59, the carrying values for Parent Company senior and subordinated debt include basis adjustments of $(869) million and $(70) million, respectively, whereas Bank senior and subordinated debt include basis adjustments of $(249) million and $(229) million, respectively, related to fair value accounting hedges as of June 30, 2023. Certain borrowings are reported at fair value. Refer to Note 11 Fair Value for more information on those borrowings.

Commitments

Commitments	6 Months Ended
Commitments	Jun. 30, 2023
Commitments and Guarantees [Abstract]
Commitments	COMMITMENTSIn the normal course of business, we have various commitments outstanding, certain of which are not included on our Consolidated Balance Sheet. The following table presents our outstanding commitments to extend credit along with other commitments as of June 30, 2023 and December 31, 2022, respectively.Table 60: Commitments to Extend Credit and Other Commitments In millions June 30, 2023 December 31, 2022 Commitments to extend credit Commercial $ 196,185 $ 198,542 Home equity 23,939 22,783 Credit card 33,932 33,066 Other 7,849 7,337 Total commitments to extend credit 261,905 261,728 Net outstanding standby letters of credit (a) 10,157 10,575 Standby bond purchase agreements (b) 1,184 1,208 Other commitments (c) 3,322 3,661 Total commitments to extend credit and other commitments $ 276,568 $ 277,172 (a) Net outstanding standby letters of credit include $3.4 billion and $3.6 billion at June 30, 2023 and December 31, 2022, respectively, which support remarketing programs. (b) We enter into standby bond purchase agreements to support municipal bond obligations. (c) Includes $2.1 billion and $2.2 billion related to investments in qualified affordable housing projects at June 30, 2023 and December 31, 2022, respectively. Commitments to Extend Credit Commitments to extend credit, or net unfunded loan commitments, represent arrangements to lend funds or provide liquidity subject to specified contractual conditions. These commitments generally have fixed expiration dates, may require payment of a fee and generally contain termination clauses in the event the customer’s credit quality deteriorates. Net Outstanding Standby Letters of Credit We issue standby letters of credit and share in the risk of standby letters of credit issued by other financial institutions, in each case to support obligations of our customers to third parties, such as insurance requirements and the facilitation of transactions involving capital markets product execution. Approximately 98% of our net outstanding standby letters of credit were rated as Pass at June 30, 2023, with the remainder rated as Criticized. An internal credit rating of Pass indicates the expected risk of loss is currently low, while a rating of Criticized indicates a higher degree of risk. If the customer fails to meet its financial or performance obligation to the third party under the terms of the contract or there is a need to support a remarketing program, then upon a draw by a beneficiary, subject to the terms of the letter of credit, we would be obligated to make payment to them. The standby letters of credit outstanding on June 30, 2023 had terms ranging from less than one year to eight years. As of June 30, 2023, assets of $1.2 billion secured certain specifically identified standby letters of credit. In addition, a portion of the remaining standby letters of credit issued on behalf of specific customers is secured by collateral or guarantees that secure the customers’ other obligations to us. The carrying amount of the liability for our obligations related to standby letters of credit and participations in standby letters of credit was $0.2 billion at June 30, 2023 and is included in Other liabilities on our Consolidated Balance Sheet.

Total Equity and Other Comprehe

Total Equity and Other Comprehensive Income	6 Months Ended
Total Equity and Other Comprehensive Income	Jun. 30, 2023
Other Comprehensive Income [Abstract]
Total Equity and Other Comprehensive Income	T OTAL E QUITY A ND O THER C OMPREHENSIVE I NCOME Table 61: Rollforward of Total Equity Shareholders’ Equity In millions Shares Common Capital Capital Retained Accumulated Treasury Non- Total Equity Three months ended Balance at March 31, 2022 (a) 415 $ 2,713 $ 5,011 $ 12,476 $ 51,058 $ (5,731) $ (16,346) $ 35 $ 49,216 Net income 1,481 15 1,496 Other comprehensive income (loss), net of tax (2,627) (2,627) Cash dividends declared - Common (626) (626) Cash dividends declared - Preferred (71) (71) Preferred stock discount accretion 1 (1) Preferred stock issuance (b) 992 992 Common Stock activity 1 14 15 Treasury stock activity (4) 5 (730) (725) Other 32 (14) 18 Balance at June 30, 2022 (a) 411 $ 2,714 $ 6,004 $ 12,527 $ 51,841 $ (8,358) $ (17,076) $ 36 $ 47,688 Balance at March 31, 2023 (a) 399 $ 2,714 $ 7,235 $ 12,629 $ 54,598 $ (9,108) $ (19,024) $ 30 $ 49,074 Net income 1,483 17 1,500 Other comprehensive income (loss), net of tax (417) (417) Cash dividends declared - Common (606) (606) Cash dividends declared - Preferred (127) (127) Preferred stock discount accretion 2 (2) Common stock activity 1 16 17 Treasury stock activity (1) 3 (126) (123) Other 49 (21) 28 Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 Six months ended Balance at December 31, 2021 (a) 420 $ 2,713 $ 5,009 $ 12,448 $ 50,228 $ 409 $ (15,112) $ 31 $ 55,726 Net income 2,889 36 2,925 Other comprehensive income (loss), net of tax (8,767) (8,767) Cash dividends declared - Common (1,157) (1,157) Cash dividends declared - Preferred (116) (116) Preferred stock discount accretion 3 (3) Preferred stock issuance (b) 992 992 Common stock activity 1 14 15 Treasury stock activity (9) 50 (1,964) (1,914) Other 15 (31) (16) Balance at June 30, 2022 (a) 411 $ 2,714 $ 6,004 $ 12,527 $ 51,841 $ (8,358) $ (17,076) $ 36 $ 47,688 Balance at December 31, 2022 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,572 $ (10,172) $ (18,716) $ 38 $ 45,812 Cumulative effect of ASU adoptions (c) 26 26 Balance at January 1, 2023 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,598 $ (10,172) $ (18,716) $ 38 $ 45,838 Net income 3,160 34 3,194 Other comprehensive income (loss), net of tax 647 647 Cash dividends declared - Common (1,213) (1,213) Cash dividends declared - Preferred (195) (195) Preferred stock discount accretion 4 (4) Preferred stock issuance (d) 1,487 1,487 Common stock activity 1 16 17 Treasury stock activity (3) 73 (434) (361) Other (22) (46) (68) Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 (a) The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation. (b) On April 26, 2022, PNC issued 1,000,000 depositary shares each representing 1/100th ownership in a share of 6.000% fixed-rate reset non-cumulative perpetual preferred stock, Series U, with a par value of $1 per share. (c) Represents the cumulative effect of adopting ASU 2022-02. (d) On February 7, 2023, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 6.250% fixed-rate reset non-cumulative perpetual preferred stock, Series W, with a par value of $1 per share. Details of other comprehensive income (loss) are as follows: Table 62: Other Comprehensive Income (Loss) Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 In millions Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Debt securities Net unrealized gains (losses) on securities $ (476) $ 112 $ (364) $ (2,929) $ 690 $ (2,239) $ 178 $ (42) $ 136 $ (9,247) $ 2,179 $ (7,068) Less: Net realized gains (losses) reclassified to (235) 55 (180) (214) 50 (164) (450) 106 (344) (217) 51 (166) Net change (241) 57 (184) (2,715) 640 (2,075) 628 (148) 480 (9,030) 2,128 (6,902) Cash flow hedge derivatives Net unrealized gains (losses) on cash flow hedge derivatives (689) 162 (527) (676) 159 (517) (492) 116 (376) (2,332) 549 (1,783) Less: Net realized gains (losses) reclassified to earnings (a) (373) 88 (285) 25 (6) 19 (703) 166 (537) 127 (30) 97 Net change (316) 74 (242) (701) 165 (536) 211 (50) 161 (2,459) 579 (1,880) Pension and other postretirement benefit plan adjustments Net pension and other postretirement benefit plan activity and other reclassified to earnings (b) 6 (1) 5 8 (2) 6 (4) 1 (3) 62 (15) 47 Net change 6 (1) 5 8 (2) 6 (4) 1 (3) 62 (15) 47 Other Net unrealized gains (losses) on other transactions 3 1 4 (4) (18) (22) 7 2 9 (7) (25) (32) Net change 3 1 4 (4) (18) (22) 7 2 9 (7) (25) (32) Total other comprehensive income (loss) $ (548) $ 131 $ (417) $ (3,412) $ 785 $ (2,627) $ 842 $ (195) $ 647 $ (11,434) $ 2,667 $ (8,767) (a) Reclassifications for pre-tax debt securities and cash flow hedges are recorded in Interest income and Noninterest income on the Consolidated Income Statement. (b) Reclassifications include amortization of actuarial losses (gains) and amortization of prior period services costs (credits) which are recorded in Noninterest expense on the Consolidated Income Statement. Table 63: Accumulated Other Comprehensive Income (Loss) Components In millions, after-tax Debt securities Cash flow hedge derivatives Pension and other postretirement benefit plan adjustments Other Total Three months ended Balance at March 31, 2022 $ (4,238) $ (1,545) $ 68 $ (16) $ (5,731) Net activity (2,075) (536) 6 (22) (2,627) Balance at June 30, 2022 (a) $ (6,313) $ (2,081) $ 74 $ (38) $ (8,358) Balance at March 31, 2023 $ (6,500) $ (2,302) $ (259) $ (47) $ (9,108) Net activity (184) (242) 5 4 (417) Balance at June 30, 2023 (a) $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525) Six months ended Balance at December 31, 2021 $ 589 $ (201) $ 27 $ (6) $ 409 Net activity (6,902) (1,880) 47 (32) (8,767) Balance at June 30, 2022 (a) $ (6,313) $ (2,081) $ 74 $ (38) $ (8,358) Balance at December 31, 2022 $ (7,164) $ (2,705) $ (251) $ (52) $ (10,172) Net activity 480 161 (3) 9 647 Balance at June 30, 2023 (a) $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525) (a) AOCI included pretax losses of $301 million and $141 million from derivatives that hedged the purchase of investment securities classified as held to maturity at June 30, 2023 and June 30, 2022, respectively. The following table provides the dividends per share for PNC’s common and preferred stock: Table 64: Dividends Per Share (a) Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 Common Stock $ 1.50 $ 1.50 $ 3.00 $ 2.75 Preferred Stock Series B $ 0.45 $ 0.45 $ 0.90 $ 0.90 Series O $ 2,100 $ 987 $ 4,174 $ 1,961 Series P $ 1,532 $ 3,063 Series R $ 2,425 $ 2,425 $ 2,425 $ 2,425 Series S $ 2,500 $ 2,500 $ 2,500 $ 2,500 Series T $ 850 $ 850 $ 1,700 $ 1,700 Series U $ 1,500 $ 3,000 Series V $ 1,550 $ 3,100 Series W $ 2,222 $ 2,222 (a) Dividends are payable quarterly other than Series R and S preferred stock, which are payable semiannually. On July 3, 2023, the PNC Board of Directors raised the quarterly cash dividend on common stock to $1.55 per share, an increase of 5 cents per share. The dividend, with a payment date of August 5, 2023, will be payable the next business day.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	E ARNINGS P ER S HARE Table 65: Basic and Diluted Earnings Per Common Share Three months ended June 30 Six months ended June 30 In millions, except per share data 2023 2022 2023 2022 Basic Net income $ 1,500 $ 1,496 $ 3,194 $ 2,925 Less: Net income attributable to noncontrolling interests 17 15 34 36 Preferred stock dividends 127 71 195 116 Preferred stock discount accretion and redemptions 2 1 4 3 Net income attributable to common shareholders 1,354 1,409 2,961 2,770 Less: Dividends and undistributed earnings allocated to nonvested restricted shares 7 7 15 13 Net income attributable to basic common shareholders $ 1,347 $ 1,402 $ 2,946 $ 2,757 Basic weighted-average common shares outstanding 401 414 401 417 Basic earnings per common share (a) $ 3.36 $ 3.39 $ 7.35 $ 6.62 Diluted Net income attributable to diluted common shareholders $ 1,347 $ 1,402 $ 2,946 $ 2,757 Basic weighted-average common shares outstanding 401 414 401 417 Dilutive potential common shares Diluted weighted-average common shares outstanding 401 414 401 417 Diluted earnings per common share (a) $ 3.36 $ 3.39 $ 7.34 $ 6.61 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).

Fair Value

Fair Value	6 Months Ended
Fair Value	Jun. 30, 2023
Fair Value [Abstract]
Fair Value	F AIR V ALUE Fair Value Measurement We measure certain financial assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or the price that would be paid to transfer a liability on the measurement date and is determined using an exit price in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The fair value hierarchy established by GAAP requires us to maximize the use of observable inputs when measuring fair value. For more information regarding the fair value hierarchy, see Note 15 Fair Value in our 2022 Form 10-K. Assets and Liabilities Measured at Fair Value on a Recurring Basis For more information on the valuation methodologies used to measure assets and liabilities at fair value on a recurring basis, see Note 15 Fair Value in our 2022 Form 10-K. The following table summarizes our assets and liabilities measured at fair value on a recurring basis, including instruments for which we have elected the fair value option. Table 66: Fair Value Measurements – Recurring Basis Summary June 30, 2023 December 31, 2022 In millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Residential mortgage loans held for sale $ 495 $ 191 $ 686 $ 411 $ 243 $ 654 Commercial mortgage loans held for sale 39 25 64 243 33 276 Securities available for sale U.S. Treasury and government agencies $ 6,874 236 7,110 $ 8,108 262 8,370 Residential mortgage-backed Agency 27,655 27,655 28,823 28,823 Non-agency 768 768 819 819 Commercial mortgage-backed Agency 1,593 1,593 1,675 1,675 Non-agency 944 3 947 1,253 3 1,256 Asset-backed 817 117 934 5 124 129 Other 2,726 54 2,780 3,032 55 3,087 Total securities available for sale 6,874 33,971 942 41,787 8,108 35,050 1,001 44,159 Loans 514 745 1,259 541 769 1,310 Equity investments (a) 807 1,623 2,610 1,173 1,778 3,147 Residential mortgage servicing rights 2,349 2,349 2,310 2,310 Commercial mortgage servicing rights 1,106 1,106 1,113 1,113 Trading securities (b) 570 1,999 2,569 798 1,168 1,966 Financial derivatives (b) (c) 2 3,212 6 3,220 16 3,747 5 3,768 Other assets 387 65 452 352 80 432 Total assets (d) $ 8,640 $ 40,295 $ 6,987 $ 56,102 $ 10,447 $ 41,240 $ 7,252 $ 59,135 Liabilities Other borrowed funds $ 1,139 $ 100 $ 5 $ 1,244 $ 1,230 $ 232 $ 4 $ 1,466 Financial derivatives (c) (e) 1 6,862 140 7,003 4 7,491 123 7,618 Other liabilities 239 239 294 294 Total liabilities (f) $ 1,140 $ 6,962 $ 384 $ 8,486 $ 1,234 $ 7,723 $ 421 $ 9,378 (a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. (b) Included in Other assets on the Consolidated Balance Sheet. (c) Amounts at June 30, 2023 and December 31, 2022 are presented gross and are not reduced by the impact of legally enforceable master netting agreements that allow us to net positive and negative positions and cash collateral held or placed with the same counterparty. See Note 12 Financial Derivatives for additional information related to derivative offsetting. (d) Total assets at fair value as a percentage of total consolidated assets was 10% and 11% as of June 30, 2023 and December 31, 2022, respectively. Level 3 assets as a percentage of total assets at fair value was 12% at both June 30, 2023 and December 31, 2022. Level 3 assets as a percentage of total consolidated assets was 1% at both June 30, 2023 and December 31, 2022. (e) Included in Other liabilities on the Consolidated Balance Sheet. (f) Total liabilities at fair value as a percentage of total consolidated liabilities was 2% at both June 30, 2023 and December 31, 2022. Level 3 liabilities as a percentage of total liabilities at fair value was 5% and 4% at June 30, 2023 and December 31, 2022, respectively. Level 3 liabilities as a percentage of total consolidated liabilities was less than 1% at both June 30, 2023 and December 31, 2022. Reconciliations of assets and liabilities measured at fair value on a recurring basis using Level 3 inputs for the three and six months ended June 30, 2023 and 2022 are as follows: Table 67: Reconciliation of Level 3 Assets and Liabilities Three Months Ended June 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value Mar. 31, 2023 Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 242 $ (4) $ 3 $ (41) $ (2) $ (7) (e) $ 191 $ (3) Commercial mortgage 32 1 (8) 25 Securities available for sale Residential mortgage- 787 4 $ 14 (37) 768 Commercial mortgage- backed non-agency 3 3 Asset-backed 121 1 (1) (4) 117 Other 53 3 (2) 54 Total securities 964 5 13 3 (43) 942 Loans 757 3 11 (1) (28) $ 8 (5) (e) 745 3 Equity investments 1,835 24 92 (328) 1,623 2 Residential mortgage 2,232 81 91 $ 5 (60) 2,349 80 Commercial mortgage 1,061 99 9 19 (82) 1,106 100 Financial derivatives 19 (10) 2 (5) 6 4 Total assets $ 7,142 $ 199 $ 13 $ 211 $ (370) $ 24 $ (228) $ 8 $ (12) $ 6,987 $ 186 Liabilities Other borrowed funds $ 5 $ 3 $ (3) $ 5 Financial derivatives 97 $ 79 $ 1 (37) 140 $ 80 Other liabilities 229 31 89 (110) 239 21 Total liabilities $ 331 $ 110 $ 1 $ 92 $ (150) $ 384 $ 101 Net gains (losses) $ 89 (f) $ 85 (g) (Continued from previous page) Three Months Ended June 30, 2022 Total realized / unrealized Unrealized gains/losses on assets and liabilities held on Consolidated Balance Sheet at June 30, 2022 (a) (c) Level 3 Instruments Only Fair Value Mar. 31, 2022 Included in Earnings Included in Other comprehensive income (b) Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value June 30, 2022 Assets Residential mortgage $ 108 $ (1) $ 8 $ (30) $ (4) $ 9 $ (7) (e) $ 83 $ (1) Commercial mortgage 45 (7) 38 Securities available for sale Residential mortgage- 1,019 7 $ (43) (58) 925 Commercial mortgage-backed non-agency 3 3 Asset-backed 152 1 (9) (6) 138 Other 66 (1) 2 67 Total securities 1,240 8 (53) 2 (64) 1,133 Loans 851 10 7 (1) (48) (15) (e) 804 9 Equity investments 1,751 92 87 (63) 1,867 94 Residential mortgage 1,322 163 181 $ 17 (63) 1,620 163 Commercial mortgage 886 111 17 14 (40) 988 111 Financial derivatives 10 7 2 (6) 13 13 Total assets $ 6,213 $ 390 $ (53) $ 304 $ (94) $ 31 $ (232) $ 9 $ (22) $ 6,546 $ 389 Liabilities Other borrowed funds $ 3 $ 2 $ (2) $ 3 Financial derivatives 234 $ 18 $ 3 (42) 213 $ 19 Other liabilities 158 14 171 (161) 182 10 Total liabilities $ 395 $ 32 $ 3 $ 173 $ (205) $ 398 $ 29 Net gains (losses) $ 358 (f) $ 360 (g) (Continued from previous page) Six Months Ended June 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 243 $ 9 $ (42) $ (7) $ 3 $ (15) (e) $ 191 $ 1 Commercial mortgage 33 (8) 25 Securities available for sale Residential mortgage- 819 $ 8 $ 4 (63) 768 Commercial mortgage- 3 3 Asset-backed 124 1 (8) 117 Other 55 (4) 3 (3) 3 54 Total securities 1,001 9 3 (74) 3 942 Loans 769 6 20 (1) (50) 15 (14) (e) 745 6 Equity investments 1,778 145 232 (398) (134) (d) 1,623 119 Residential mortgage 2,310 33 109 $ 10 (113) 2,349 33 Commercial mortgage 1,113 108 17 32 (164) 1,106 108 Financial derivatives 5 7 3 (9) 6 10 Total assets $ 7,252 $ 308 $ 393 $ (441) $ 42 $ (425) $ 21 $ (163) $ 6,987 $ 277 Liabilities Other borrowed funds $ 4 $ 6 $ (5) $ 5 Financial derivatives 123 $ 118 $ 3 (104) 140 $ 122 Other liabilities 294 55 107 (217) 239 42 Total liabilities $ 421 $ 173 $ 3 $ 113 $ (326) $ 384 $ 164 Net gains (losses) $ 135 (f) $ 113 (g) (Continued from previous page) Six Months Ended June 30, 2022 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Value June 30, 2022 Assets Residential mortgage $ 81 $ (2) $ 45 $ (32) $ (9) $ 14 $ (14) (e) $ 83 $ (2) Commercial mortgage 49 (4) (7) 38 (4) Other consumer loans held for sale Securities available for sale Residential mortgage- 1,097 15 $ (66) (121) 925 Commercial mortgage- 3 3 Asset-backed 163 1 (13) (13) 138 Other 69 (2) 3 (3) 67 Total securities 1,332 16 (81) 3 (137) 1,133 Loans 884 21 20 (8) (97) (16) (e) 804 21 Equity investments 1,680 145 116 (74) 1,867 146 Residential mortgage 1,078 370 257 $ 38 (123) 1,620 371 Commercial mortgage 740 262 25 35 (74) 988 262 Financial derivatives 38 (6) 3 (22) 13 12 Total assets $ 5,882 $ 802 $ (81) $ 469 $ (114) $ 73 $ (469) $ 14 $ (30) $ 6,546 $ 806 Liabilities Other borrowed funds $ 3 $ 4 $ (4) $ 3 Financial derivatives 285 $ 23 $ 6 (101) 213 $ 18 Other liabilities 175 21 242 (256) 182 15 Total liabilities $ 463 $ 44 $ 6 $ 246 $ (361) $ 398 $ 33 Net gains (losses) $ 758 (f) $ 773 (g) (a) Losses for assets are bracketed while losses for liabilities are not. (b) The difference in unrealized gains and losses for the period included in Other comprehensive income and changes in unrealized gains and losses for the period included in Other comprehensive income for securities available for sale held at the end of the reporting period were insignificant. (c) The amount of the total gains or losses for the period included in earnings that is attributable to the change in unrealized gains or losses related to those assets and liabilities held at the end of the reporting period. (d) Transfers out of Level 3 during the current period were due to valuation methodology changes for certain private company investments. See Note 1 Accounting Policies in our 2022 Form 10-K for more information on our accounting for private company investments. (e) Residential mortgage loan transfers out of Level 3 are primarily driven by residential mortgage loans transferring to OREO as well as reclassification of mortgage loans held for sale to held for investment. (f) Net gains (losses) realized and unrealized included in earnings related to Level 3 assets and liabilities included amortization and accretion. The amortization and accretion amounts were included in Interest income on the Consolidated Income Statement and the remaining net gains (losses) realized and unrealized were included in Noninterest income on the Consolidated Income Statement. (g) Net unrealized gains (losses) related to assets and liabilities held at the end of the reporting period were included in Noninterest income on the Consolidated Income Statement. An instrument’s categorization within the hierarchy is based on the lowest level of input that is significant to the fair value measurement. Changes from one quarter to the next related to the observability of inputs to a fair value measurement may result in a reclassification (transfer) of assets or liabilities between hierarchy levels. Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities follows: Table 68: Fair Value Measurements – Recurring Quantitative Information June 30, 2023 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 25 Discounted cash flow Spread over the benchmark curve (b) 590bps - 2,440bps (1,275bps) Residential mortgage-backed 768 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (4.7%) Constant default rate 0.0% - 12.0% (3.0%) Loss severity 15.0% - 83.3% (45.5%) Spread over the benchmark curve (b) 231bps weighted-average Asset-backed securities 117 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 40.0% (6.1%) Constant default rate 0.0% - 7.3% (2.0%) Loss severity 30.0% - 100.0% (50.6%) Spread over the benchmark curve (b) 285bps weighted-average Loans - Residential real estate - Uninsured 556 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (61.0%) Loss severity 0.0% - 100.0% (5.7%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 76 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 8.4% weighted-average Loans - Home equity - First-lien 21 Consensus pricing (c) Cumulative default rate 3.6% -100.0% (68.2%) Loss severity 0.0% - 100.0% (15.9%) Discount rate 5.5% - 7.5% (6.3%) Loans - Home equity 92 Consensus pricing (c) Credit and liquidity discount 0.4% - 100.0% (45.0%) Equity investments 1,623 Multiple of adjusted earnings Multiple of earnings 4.5x - 20.0x (9.3x) Residential mortgage servicing rights 2,349 Discounted cash flow Constant prepayment rate 0.0% - 41.9% (6.9%) Spread over the benchmark curve (b) 254bps - 1,652bps (767bps) Commercial mortgage servicing rights 1,106 Discounted cash flow Constant prepayment rate 4.0% - 11.1% (4.4%) Discount rate 6.7% - 10.3% (9.9%) Financial derivatives - Swaps related to (131) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 159.0% weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q4 2023 Insignificant Level 3 assets, net of 1 Total Level 3 assets, net of liabilities (e) $ 6,603 (Continued from previous page) December 31, 2022 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 33 Discounted cash flow Spread over the benchmark curve (b) 585bps - 2,465bps (959bps) Residential mortgage-backed 819 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (9.9%) Constant default rate 0.0% - 13.0% (4.0%) Loss severity 15.0% - 80.0% (46.1%) Spread over the benchmark curve (b) 289bps weighted-average Asset-backed securities 124 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 40.0% (7.5%) Constant default rate 0.0% - 7.3% (2.1%) Loss severity 20.0% - 100.0% (49.0%) Spread over the benchmark curve (b) 296bps weighted-average Loans - Residential real estate - Uninsured 570 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (66.2%) Loss severity 0.0% - 100.0% (6.2%) Discount rate 5.5% - 7.5% (5.9%) Loans - Residential real estate 76 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 7.9% weighted-average Loans - Home equity - First-lien 25 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (72.5%) Loss severity 0.0% - 100.0% (15.3%) Discount rate 5.5% - 7.5% (6.5%) Loans - Home equity 98 Consensus pricing (c) Credit and Liquidity discount 0.4% - 100.0% (46.2%) Equity investments 1,778 Multiple of adjusted earnings Multiple of earnings 4.5x - 25.0x (9.1x) Residential mortgage servicing rights 2,310 Discounted cash flow Constant prepayment rate 0.0% - 34.5% (6.7%) Spread over the benchmark curve (b) 254bps - 1,653bps (766bps) Commercial mortgage servicing rights 1,113 Discounted cash flow Constant prepayment rate 3.9% - 9.8% (4.3%) Discount rate 7.8% - 10.1% (9.8%) Financial derivatives - Swaps related to (107) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 160.6% weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q2 2023 Insignificant Level 3 assets, net of (8) Total Level 3 assets, net of liabilities (e) $ 6,831 (a) Unobservable inputs were weighted by the relative fair value of the instruments. (b) The assumed yield spread over the benchmark curve for each instrument is generally intended to incorporate non-interest rate risks, such as credit and liquidity risks. (c) Consensus pricing refers to fair value estimates that are generally internally developed using information such as dealer quotes or other third-party provided valuations or comparable asset prices. (d) Represents the aggregate amount of Level 3 assets and liabilities measured at fair value on a recurring basis that are individually and in the aggregate insignificant. The amount includes certain financial derivative assets and liabilities, trading securities, other securities, residential mortgage loans held for sale, other assets, other borrowed funds and other liabilities. (e) Consisted of total Level 3 assets of $7.0 billion and total Level 3 liabilities of $0.4 billion as of June 30, 2023 and $7.3 billion and $0.4 billion as of December 31, 2022, respectively. Financial Assets Accounted for at Fair Value on a Nonrecurring Basis We may be required to measure certain financial assets at fair value on a nonrecurring basis. These adjustments to fair value usually result from the application of lower of amortized cost or fair value accounting or write-downs of individual assets due to impairment and are included in Table 69. For more information regarding the valuation methodologies of our financial assets measured at fair value on a nonrecurring basis, see Note 15 Fair Value in our 2022 Form 10-K. Assets measured at fair value on a nonrecurring basis follow: Table 69: Fair Value Measurements – Nonrecurring (a) (b) (c) Fair Value Gains (Losses) Gains (Losses) In millions June 30 December 31 June 30 June 30 June 30 June 30 Assets Nonaccrual loans $ 373 $ 280 $ (99) $ (19) $ (174) $ (28) Equity investments 87 135 (5) 1 (8) OREO and foreclosed assets 8 10 (1) Long-lived assets 435 23 (10) (3) (15) (5) Total assets $ 903 $ 448 $ (114) $ (21) $ (198) $ (33) (a) All Level 3 for the periods presented, except for $22 million and $42 million included in Equity investments which were categorized as Level 1 as of June 30, 2023 and December 31, 2022, respectively. (b) Valuation techniques applied were fair value of property or collateral. (c) Unobservable inputs used were appraised value/sales price, broker opinions or projected income/required improvement costs. Additional quantitative information was not meaningful for the periods presented. Financial Instruments Accounted for under Fair Value Option We elect the fair value option to account for certain financial instruments. For more information on these financial instruments for which the fair value option election has been made, see Note 15 Fair Value in our 2022 Form 10-K. Fair values and aggregate unpaid principal balances of items for which we elected the fair value option are as follows: Table 70: Fair Value Option – Fair Value and Principal Balances June 30, 2023 December 31, 2022 In millions Fair Value Aggregate Unpaid Difference Fair Value Aggregate Unpaid Difference Assets Residential mortgage loans held for sale Accruing loans less than 90 days past due $ 651 $ 671 $ (20) $ 609 $ 633 $ (24) Accruing loans 90 days or more past due 2 2 5 5 Nonaccrual loans 33 40 (7) 40 49 (9) Total $ 686 $ 713 $ (27) $ 654 $ 687 $ (33) Commercial mortgage loans held for sale (a) Accruing loans less than 90 days past due $ 49 $ 51 $ (2) $ 261 $ 256 $ 5 Nonaccrual loans 15 44 (29) 15 44 (29) Total $ 64 $ 95 $ (31) $ 276 $ 300 $ (24) Loans Accruing loans less than 90 days past due $ 510 $ 523 $ (13) $ 509 $ 521 $ (12) Accruing loans 90 days or more past due 132 143 (11) 155 167 (12) Nonaccrual loans 617 841 (224) 646 880 (234) Total $ 1,259 $ 1,507 $ (248) $ 1,310 $ 1,568 $ (258) Other assets $ 64 $ 65 $ (1) $ 80 $ 80 Liabilities Other borrowed funds $ 32 $ 33 $ (1) $ 31 $ 32 $ (1) Other liabilities $ 127 $ 127 $ 196 $ 196 The changes in fair value for items for which we elected the fair value option are as follows: Table 71: Fair Value Option – Changes in Fair Value (a) Gains (Losses) Gains (Losses) Three months ended Six months ended June 30 June 30 June 30 June 30 In millions 2023 2022 2023 2022 Assets Residential mortgage loans held for sale $ 2 $ (23) $ 17 $ (63) Commercial mortgage loans held for sale $ 22 $ 14 $ 23 $ 20 Loans $ 5 $ 15 $ 9 $ 36 Other assets $ 2 $ (11) $ (12) $ (18) Liabilities Other liabilities $ (21) $ (10) $ (41) $ (16) (a) The impact on earnings of offsetting hedged items or hedging instruments is not reflected in these amounts. Additional Fair Value Information Related to Financial Instruments Not Recorded at Fair Value The following table presents the carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of all other financial instruments that are not recorded on our Consolidated Balance Sheet at fair value as of June 30, 2023 and December 31, 2022. For more information regarding the methods and assumptions used to estimate the fair values of financial instruments included in Table 72, see Note 15 Fair Value in our 2022 Form 10-K. Table 72: Additional Fair Value Information Related to Other Financial Instruments Carrying Fair Value In millions Amount Total Level 1 Level 2 Level 3 June 30, 2023 Assets Cash and due from banks $ 6,191 $ 6,191 $ 6,191 Interest-earning deposits with banks 38,259 38,259 $ 38,259 Securities held to maturity 93,879 88,896 30,939 57,808 $ 149 Net loans (excludes leases) 309,365 301,597 301,597 Other assets 5,971 5,971 5,958 13 Total assets $ 453,665 $ 440,914 $ 37,130 $ 102,025 $ 301,759 Liabilities Time deposits $ 22,864 $ 22,696 $ 22,696 Borrowed funds 64,060 64,278 62,441 $ 1,837 Unfunded lending related commitments 663 663 663 Other liabilities 948 948 948 Total liabilities $ 88,535 $ 88,585 $ 86,085 $ 2,500 December 31, 2022 Assets Cash and due from banks $ 7,043 $ 7,043 $ 7,043 Interest-earning deposits with banks 27,320 27,320 $ 27,320 Securities held to maturity 95,183 90,279 30,748 59,377 $ 154 Net loans (excludes leases) 313,460 310,864 310,864 Other assets 6,022 6,022 6,020 2 Total assets $ 449,028 $ 441,528 $ 37,791 $ 92,717 $ 311,020 Liabilities Time deposits $ 18,470 $ 18,298 $ 18,298 Borrowed funds 57,182 57,557 55,922 $ 1,635 Unfunded lending related commitments 694 694 694 Other liabilities 660 660 660 Total liabilities $ 77,006 $ 77,209 $ 74,880 $ 2,329 The aggregate fair values in Table 72 represent only a portion of the total market value of our assets and liabilities as, in accordance with the guidance related to fair values about financial instruments, we exclude the following: • financial instruments recorded at fair value on a recurring basis (as they are disclosed in Table 66), • investments accounted for under the equity method, • equity securities without a readily determinable fair value that apply for the alternative measurement approach to fair value under ASU 2016-01, • real and personal property, • lease financing, • loan customer relationships, • deposit customer intangibles, • MSRs, • retail branch networks, • fee-based businesses, such as asset management and brokerage, • trademarks and brand names, • trade receivables and payables due in one year or less, • deposit liabilities with no defined or contractual maturities under ASU 2016-01, and • insurance contracts.

Financial Derivatives

Financial Derivatives	6 Months Ended
Financial Derivatives	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Derivatives	F INANCIAL D ERIVATIVES We use a variety of financial derivatives to both mitigate exposure to market (primarily interest rate) and credit risks inherent in our business activities, as well as to facilitate customer risk management activities. We manage these risks as part of our overall asset and liability management process and through our credit policies and procedures. Derivatives represent contracts between parties that usually require little or no initial net investment and result in one party delivering cash or another type of asset to the other party based on a notional amount and an underlying as specified in the contract. Derivative transactions are often measured in terms of notional amount, but this amount is generally not exchanged and it is not recorded on the balance sheet. The notional amount is the basis to which the underlying is applied to determine required payments under the derivative contract. The underlying is a referenced interest rate, security price, credit spread or other index. Residential and commercial real estate loan commitments associated with loans to be sold also qualify as derivative instruments. For more information regarding derivatives see Note 1 Accounting Policies and Note 16 Financial Derivatives in our 2022 Form 10-K. During the second quarter, in anticipation of LIBOR’s cessation on June 30, 2023, LIBOR-indexed interest-rate swap contracts with central clearing counterparties were subject to a conversion process whereby an individual LIBOR swap contract was exchanged for a SOFR replacement swap contract, along with one or more overlay swap contracts replicating the final LIBOR cash flows on the original swap contract. The swap contracts exchanged were substantially economically equivalent. Conversion-related valuation differences were settled in cash on the conversion dates and were not material. The SOFR replacement and overlay swaps are considered separate contracts, and the overlay swaps will result in a gross-up of the notional amounts presented until those swaps mature upon settlement of the final LIBOR payment. The majority of overlay swaps will mature in the third quarter of 2023. Table 73: Total Gross Derivatives (a) June 30, 2023 December 31, 2022 In millions Notional / Asset Fair Liability Fair Notional / Asset Fair Liability Fair Derivatives used for hedging Interest rate contracts (d): Fair value hedges (e) $ 48,088 $ 24,231 Cash flow hedges (e) 86,922 $ 3 40,310 $ 1 Foreign exchange contracts: Net investment hedges 1,101 22 1,120 $ 24 Total derivatives designated for hedging $ 136,111 $ 25 $ 65,661 $ 24 $ 1 Derivatives not used for hedging Derivatives used for mortgage banking activities (f): Interest rate contracts: Swaps (g) $ 73,477 $ 1 $ 47,908 $ 7 $ 1 Futures (h) 8,026 5,537 Mortgage-backed commitments 5,277 $ 68 63 4,516 85 89 Other 12,561 65 12 18,017 90 14 Total interest rate contracts 99,341 133 76 75,978 182 104 Derivatives used for customer-related activities: Interest rate contracts: Swaps (g) 811,705 1,798 5,501 354,150 1,597 5,397 Futures (h) 72 32 Mortgage-backed commitments 3,531 11 5 2,799 10 6 Other 28,779 314 292 29,071 334 321 Total interest rate contracts 844,087 2,123 5,798 386,052 1,941 5,724 Commodity contracts: Swaps 6,084 525 552 5,792 1,003 1,067 Other 3,251 97 97 4,488 205 202 Total commodity contracts 9,335 622 649 10,280 1,208 1,269 Foreign exchange contracts and other 30,426 308 256 30,512 366 293 Total derivatives for customer-related activities 883,848 3,053 6,703 426,844 3,515 7,286 Derivatives used for other risk management activities: Foreign exchange contracts and other 21,875 34 199 12,785 47 227 Total derivatives not designated for hedging $ 1,005,064 $ 3,220 $ 6,978 $ 515,607 $ 3,744 $ 7,617 Total gross derivatives $ 1,141,175 $ 3,220 $ 7,003 $ 581,268 $ 3,768 $ 7,618 Less: Impact of legally enforceable master netting agreements 1,303 1,303 1,523 1,523 Less: Cash collateral received/paid 1,134 1,135 714 1,571 Total derivatives $ 783 $ 4,565 $ 1,531 $ 4,524 (a) Centrally cleared derivatives are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet . (b) Included in Other assets on our Consolidated Balance Sheet. (c) Included in Other liabilities on our Consolidated Balance Sheet. (d) Represents primarily swaps. (e) At June 30, 2023, the gross-up of the notional amounts due to overlay swap contracts for fair value and cash flow hedges were $18.8 billion and $47.0 billion, respectively. (f) Includes both residential and commercial mortgage banking activities. (g) At June 30, 2023, the gross-up of the notional amounts due to overlay swap contracts used for mortgage banking and customer-related activities were $26.0 billion and $423.0 billion, respectively. (h) Futures contracts are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet. All derivatives are carried on our Consolidated Balance Sheet at fair value. Derivative balances are presented on the Consolidated Balance Sheet on a net basis taking into consideration the effects of legally enforceable master netting agreements and, when appropriate, any related cash collateral exchanged with counterparties. Further discussion regarding the offsetting rights associated with these legally enforceable master netting agreements is included in the Offsetting and Counterparty Credit Risk section of this Note 12. Any nonperformance risk, including credit risk, is included in the determination of the estimated net fair value of the derivatives. Derivatives Designated As Hedging Instruments Certain derivatives used to manage interest rate and foreign exchange risk as part of our asset and liability risk management activities are designated as accounting hedges. Derivatives hedging the risks associated with changes in the fair value of assets or liabilities are considered fair value hedges, derivatives hedging the variability of expected future cash flows are considered cash flow hedges and derivatives hedging a net investment in a foreign subsidiary are considered net investment hedges. Designating derivatives as accounting hedges allows for gains and losses on those derivatives to be recognized in the same period and in the same income statement line item as the earnings impact of the hedged items. Fair Value Hedges We enter into receive-fixed, pay-variable interest rate swaps to hedge changes in the fair value of outstanding fixed-rate debt caused by fluctuations in market interest rates. We also enter into pay-fixed, receive-variable interest rate swaps and zero-coupon swaps to hedge changes in the fair value of fixed rate and zero-coupon investment securities caused by fluctuations in market interest rates. Gains and losses on the interest rate swaps designated in these hedge relationships, along with the offsetting gains and losses on the hedged items attributable to the hedged risk, are recognized in current earnings within the same income statement line item. Cash Flow Hedges We enter into receive-fixed, pay-variable interest rate swaps and interest rate caps and floors to modify the interest rate characteristics of designated commercial loans from variable to fixed in order to reduce the impact of changes in future cash flows due to market interest rate changes. We also periodically enter into forward purchase and sale contracts to hedge the variability of the consideration that will be paid or received related to the purchase or sale of investment securities. The forecasted purchase or sale is consummated upon gross settlement of the forward contract itself. For these cash flow hedges, gains and losses on the hedging instruments are recorded in AOCI and are then reclassified into earnings in the same period the hedged cash flows affect earnings and within the same income statement line as the hedged cash flows. In the 12 months that follow June 30, 2023, we expect to reclassify net derivative losses of $1.5 billion pretax, or $1.2 billion after-tax, from AOCI to interest income for these cash flow hedge strategies. This reclassified amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations and the addition of other hedges subsequent to June 30, 2023. As of June 30, 2023, the maximum length of time over which forecasted transactions are hedged is ten years. Further detail regarding gains (losses) related to our fair value and cash flow hedge derivatives is presented in the following table: Table 74: Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement (a) (b) Location and Amount of Gains (Losses) Recognized in Income Interest Income Interest Expense Noninterest Income In millions Loans Investment Securities Borrowed Funds Other For the three months ended June 30, 2023 Total amounts in the Consolidated Income Statement $ 4,523 $ 883 $ 903 $ 129 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (48) $ 432 Derivatives $ 50 $ (439) Amounts related to interest settlements on derivatives $ 7 $ (147) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (365) $ (8) For the three months ended June 30, 2022 Total amounts in the Consolidated Income Statement $ 2,504 $ 631 $ 142 $ 177 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (28) $ 443 Derivatives $ 30 $ (451) Amounts related to interest settlements on derivatives $ (2) $ 74 Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ 25 For the six months ended June 30, 2023 Total amounts on the Consolidated Income Statement $ 8,781 $ 1,768 $ 1,686 $ 387 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (1) $ 135 Derivatives $ 5 $ (148) Amounts related to interest settlements on derivatives $ 12 $ (260) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (690) $ (13) For the six months ended June 30, 2022 Total amounts on the Consolidated Income Statement $ 4,797 $ 1,175 $ 225 $ 388 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (46) $ 1,377 Derivatives $ 49 $ (1,395) Amounts related to interest settlements on derivatives $ (3) $ 184 Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ 117 $ 10 (a) For all periods presented, there were no components of derivative gains or losses excluded from the assessment of hedge effectiveness for any of the fair value or cash flow hedge strategies. (b) All cash flow and fair value hedge derivatives were interest rate contracts for the periods presented. (c) Includes an insignificant amount of fair value hedge adjustments related to discontinued hedge relationships. Detail regarding the impact of fair value hedge accounting on the carrying value of the hedged items is presented in the following table: Table 75: Hedged Items - Fair Value Hedges June 30, 2023 December 31, 2022 In millions Carrying Value of the Hedged Items Cumulative Fair Carrying Value of the Hedged Items Cumulative Fair Value Investment securities - available for sale (b) $ 1,915 $ (124) $ 2,376 $ (121) Borrowed funds $ 26,360 $ (1,417) $ 21,781 $ (1,283) (a) Includes less than $(0.1) billion of fair value hedge adjustments primarily related to discontinued borrowed funds hedge relationships at both June 30, 2023 and December 31, 2022. (b) Carrying value shown represents amortized cost. Net Investment Hedges We enter into foreign currency forward contracts to hedge non-U.S. dollar net investments in foreign subsidiaries against adverse changes in foreign exchange rates. We assess whether the hedging relationship is highly effective in achieving offsetting changes in the value of the hedge and hedged item by qualitatively verifying that the critical terms of the hedge and hedged item match at the inception of the hedging relationship and on an ongoing basis. Net investment hedge derivatives are classified as foreign exchange contracts. There were no components of derivative gains or losses excluded from the assessment of the hedge effectiveness for the periods presented. Net gains (losses) on net investment hedge derivatives recognized in OCI were $(28) million and $(46) million for the three and six months ended June 30, 2023, respectively, and insignificant for both the three and six months ended June 30, 2022. Derivatives Not Designated As Hedging Instruments For additional information on derivatives not designated as hedging instruments under GAAP, see Note 16 Financial Derivatives in our 2022 Form 10-K. Further detail regarding the gains (losses) on derivatives not designated in hedging relationships is presented in the following table: Table 76: Gains (Losses) on Derivatives Not Designated for Hedging Three months ended Six months ended In millions 2023 2022 2023 2022 Derivatives used for mortgage banking activities: Interest rate contracts (a) $ (184) $ (190) $ (77) $ (455) Derivatives used for customer-related activities: Interest rate contracts 33 69 35 166 Foreign exchange contracts and other 58 (20) 114 24 Gains from customer-related activities (b) 91 49 149 190 Derivatives used for other risk management activities: Foreign exchange contracts and other (b) (137) 216 (214) 263 Total gains (losses) from derivatives not designated as hedging instruments $ (230) $ 75 $ (142) $ (2) (a) Included in Residential and commercial mortgage noninterest income on our Consolidated Income Statement. (b) Included in Capital markets and advisory and Other noninterest income on our Consolidated Income Statement. Offsetting and Counterparty Credit Risk We generally utilize a net presentation on the Consolidated Balance Sheet for those derivative financial instruments entered into with counterparties under legally enforceable master netting agreements. The master netting agreements reduce credit risk by permitting the closeout netting of all outstanding derivative instruments under the master netting agreement with the same counterparty upon the occurrence of an event of default. The master netting agreement also may require the exchange of cash or marketable securities to collateralize either party’s net position. For additional information on derivative offsetting and counterparty credit risk, see Note 16 Financial Derivatives in our 2022 Form 10-K. Table 77 shows the impact legally enforceable master netting agreements had on our derivative assets and derivative liabilities at June 30, 2023 and December 31, 2022. The table includes cash collateral held or pledged under legally enforceable master netting agreements. The table also includes the fair value of any securities collateral held or pledged under legally enforceable master netting agreements. Cash and securities collateral amounts are included in the table only to the extent of the related net derivative fair values. Table 77: Derivative Assets and Liabilities Offsetting In millions Amounts Offset on the Securities Collateral Held/Pledged Under Master Netting Agreements Gross Fair Value Cash Net Net Amounts June 30, 2023 Derivative assets Interest rate contracts: Over-the-counter cleared $ 26 $ 26 $ 26 Over-the-counter 2,230 $ 846 $ 911 473 $ 75 398 Commodity contracts 622 337 104 181 181 Foreign exchange and other contracts 342 120 119 103 103 Total derivative assets $ 3,220 $ 1,303 $ 1,134 $ 783 (a) $ 75 $ 708 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 19 $ 19 $ 19 Over-the-counter 5,858 $ 633 $ 1,104 4,121 $ 75 4,046 Commodity contracts 649 497 23 129 129 Foreign exchange and other contracts 477 173 8 296 296 Total derivative liabilities $ 7,003 $ 1,303 $ 1,135 $ 4,565 (b) $ 75 $ 4,490 December 31, 2022 Derivative assets Interest rate contracts: Over-the-counter cleared $ 23 $ 23 $ 23 Over-the-counter 2,100 $ 974 $ 630 496 $ 34 462 Commodity contracts 1,208 335 2 871 871 Foreign exchange and other contracts 437 214 82 141 141 Total derivative assets $ 3,768 $ 1,523 $ 714 $ 1,531 (a) $ 34 $ 1,497 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 28 $ 28 $ 28 Over-the-counter 5,801 $ 625 $ 1,041 4,135 $ 78 4,057 Commodity contracts 1,269 679 520 70 4 66 Foreign exchange and other contracts 520 219 10 291 291 Total derivative liabilities $ 7,618 $ 1,523 $ 1,571 $ 4,524 (b) $ 82 $ 4,442 (a) Represents the net amount of derivative assets included in Other assets on our Consolidated Balance Sheet. (b) Represents the net amount of derivative liabilities included in Other liabilities on our Consolidated Balance Sheet. In addition to using master netting agreements and other collateral agreements to reduce credit risk associated with derivative instruments, we also seek to manage credit risk by evaluating credit ratings of counterparties and by using internal credit analysis, limits, and monitoring procedures. At June 30, 2023, cash and debt securities (primarily agency mortgage-backed securities) totaling $2.1 billion were pledged to us under master netting agreements and other collateral agreements to collateralize net derivative assets due from counterparties and to meet initial margin requirements, and we pledged cash and debt securities (primarily agency mortgage-backed securities) totaling $2.1 billion under these agreements to collateralize net derivative liabilities owed to counterparties and to meet initial margin requirements. These totals may differ from the amounts presented in the preceding offsetting table because these totals may include collateral exchanged under an agreement that does not qualify as a master netting agreement or because the total amount of collateral pledged exceeds the net derivative fair values with the counterparty as of the balance sheet date due to timing or other factors, such as initial margin. To the extent not netted against the derivative fair values under a master netting agreement, the receivable for cash pledged is included in Other assets and the obligation for cash held is included in Other liabilities on our Consolidated Balance Sheet. Securities pledged to us by counterparties are not recognized on our balance sheet. Likewise, securities we have pledged to counterparties remain on our balance sheet. Credit-Risk Contingent Features Certain derivative agreements contain various credit-risk-related contingent provisions, such as those that require our debt to maintain a specified credit rating from one or more of the major credit rating agencies. If our debt ratings were to fall below such specified ratings, the counterparties to the derivative instruments could request immediate payment or demand immediate and ongoing full collateralization on derivative instruments in net liability positions. The following table presents the aggregate fair value of derivative instruments with credit-risk-related contingent features, the associated collateral posted in the normal course of business and the maximum amount of collateral we would be required to post if the credit-risk-related contingent features underlying these agreements had been triggered on June 30, 2023 and December 31, 2022. Table 78: Credit-Risk Contingent Features In billions June 30, 2023 December 31, 2022 Net derivative liabilities with credit-risk contingent features $ 5.4 $ 5.8 Collateral posted 1.2 1.7 Maximum additional amount of collateral exposure $ 4.2 $ 4.1

Legal Proceedings

Legal Proceedings	6 Months Ended
Legal Proceedings	Jun. 30, 2023
Legal Proceedings [Abstract]
Legal Proceedings	L EGAL P ROCEEDINGS We establish accruals for legal proceedings, including litigation and regulatory and governmental investigations and inquiries, when information related to the loss contingencies represented by those matters indicates both that a loss is probable and that the amount of loss can be reasonably estimated. Any such accruals are adjusted thereafter as appropriate to reflect changed circumstances. When we are able to do so, we also determine estimates of reasonably possible losses or ranges of reasonably possible losses, whether in excess of any related accrued liability or where there is no accrued liability, for disclosed legal proceedings (“Disclosed Matters,” which are those matters disclosed in this Note 13 as well as those matters disclosed in Note 21 Legal Proceedings in our 2022 Form 10-K and in Note 13 Legal Proceedings in our first quarter 2023 Form 10-Q (such prior disclosure referred to as “Prior Disclosure”)). For Disclosed Matters where we are able to estimate such possible losses or ranges of possible losses, as of June 30, 2023, we estimate that it is reasonably possible that we could incur losses in excess of related accrued liabilities, if any, in an aggregate amount less than $300 million. The estimates included in this amount are based on our analysis of currently available information and are subject to significant judgment and a variety of assumptions and uncertainties. As new information is obtained we may change our estimates. Due to the inherent subjectivity of the assessments and unpredictability of outcomes of legal proceedings, any amounts accrued or included in this aggregate amount may not represent the ultimate loss to us from the legal proceedings in question. Thus, our exposure and ultimate losses may be higher, and possibly significantly so, than the amounts accrued or this aggregate amount. As a result of the types of factors described in Note 21 Legal Proceedings in our 2022 Form 10-K, we are unable, at this time, to estimate the losses that are reasonably possible to be incurred or ranges of such losses with respect to some of the matters disclosed, and the aggregate estimated amount provided above does not include an estimate for every Disclosed Matter. Therefore, as the estimated aggregate amount disclosed above does not include all of the Disclosed Matters, the amount disclosed above does not represent our maximum reasonably possible loss exposure for all of the Disclosed Matters. The estimated aggregate amount also does not reflect any of our exposure to matters not so disclosed, as discussed below under “Other.” We include in some of the descriptions of individual Disclosed Matters certain quantitative information related to the plaintiff’s claim against us as alleged in the plaintiff’s pleadings or other public filings or otherwise publicly available information. While information of this type may provide insight into the potential magnitude of a matter, it does not necessarily represent our estimate of reasonably possible loss or our judgment as to any currently appropriate accrual. Some of our exposure in Disclosed Matters may be offset by applicable insurance coverage. We do not consider the possible availability of insurance coverage in determining the amounts of any accruals (although we would record the amount of related insurance recoveries that are deemed probable up to the amount of the accrual) or in determining any estimates of possible losses or ranges of possible losses. USAA Patent Infringement Litigation In April 2023, in United Services Automobile Association v. PNC Bank N.A. (Case No. 2:21-cv-246) (the “third Texas case”) and the case for PNC’s patent infringement counterclaims (originally asserted in United Services Automobile Association v. PNC Bank N.A. (Case No. 2:20-cv-319)) (the “first Texas case”) (together, the “second consolidated cases”), USAA noticed a cross-appeal to the U.S. Court of Appeals for the Federal Circuit regarding the final judgment in the second consolidated cases. This appeal was consolidated with PNC’s previously noticed appeal to the U.S. Court of Appeals for the Federal Circuit regarding the final judgment in the second consolidated cases as United Services Automobile Association v. PNC Bank N.A. (Case No. 23-1639). In May and June 2023, USAA appealed the Final Written Decisions of the Patent Trial and Appeal Board that concluded that the claims in three of the patents originally at issue in United Services Automobile Association v. PNC Bank N.A . (Case No. 2:21-cv-110) and the first Texas case (together, the “first consolidated cases”) and in United Services Automobile Association v. BBVA USA (Case No. 2:21-cv-311) were unpatentable. Because of USAA’s case narrowing in the first consolidated cases, only one of these three patents was presented to the jury in the first consolidated cases. Also in May 2023, the Patent Trial and Appeal Board entered its Final Written Decision concluding that most of the claims of one of the patents presented to the jury in the third Texas case were unpatentable and other claims were not unpatentable. In June 2023, the Patent Trial and Appeal Board entered its Final Written Decision concluding that all of the claims of the other patent subject to inter partes review, but not ultimately presented to the jury in the third Texas Case, were unpatentable. Regulatory and Governmental Inquiries We are the subject of investigations, audits, examinations and other forms of regulatory and governmental inquiry covering a broad range of issues in our consumer, mortgage, brokerage, securities and other financial services businesses, as well as other aspects of our operations. In some cases, these inquiries are part of reviews of specified activities at multiple industry participants; in others, they are directed at PNC individually. From time to time, these inquiries have involved and may in the future involve or lead to regulatory enforcement actions and other administrative proceedings. These inquiries have also led to and may in the future lead to civil or criminal judicial proceedings. Some of these inquiries result in remedies including fines, penalties, restitution, or alterations in our business practices, and in additional expenses and collateral costs and other consequences. Such remedies and other consequences typically have not been material to us from a financial standpoint, but could be in the future. Even if not financially material, they may result in significant reputational harm or other adverse consequences. Our practice is to cooperate fully with regulatory and governmental investigations, audits and other inquiries. Other In addition to the proceedings or other matters described in Prior Disclosure, PNC and persons to whom we may have indemnification obligations, in the normal course of business, are subject to various other pending and threatened legal proceedings in which claims for monetary damages and other relief are asserted. We do not anticipate, at the present time, that the ultimate aggregate liability, if any, arising out of such other legal proceedings will have a material adverse effect on our financial position. However, we cannot now determine whether or not any claims asserted against us or others to whom we may have indemnification obligations, whether in the proceedings or other matters described above or otherwise, will have a material adverse effect on our results of operations in any future reporting period, which will depend on, among other things, the amount of the loss resulting from the claim and the amount of income otherwise reported for the reporting period.

Segment Reporting

Segment Reporting	6 Months Ended
Segment Reporting	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Reporting	S EGMENT R EPORTING We have three reportable business segments: • Retail Banking • Corporate & Institutional Banking • Asset Management Group Results of individual businesses are presented based on our internal management reporting practices. There is no comprehensive, authoritative body of guidance for management accounting equivalent to GAAP; therefore, the financial results of our individual businesses are not necessarily comparable with similar information for any other company. We periodically refine our internal methodologies as management reporting practices are enhanced. To the extent significant and practicable, retrospective application of new methodologies is made to prior period reportable business segment results and disclosures to create comparability with the current period. Total business segment financial results differ from total consolidated net income. These differences are reflected in the “Other” category in Table 79. “Other” includes residual activities that do not meet the criteria for disclosure as a separate reportable business, such as asset and liability management activities, including net securities gains or losses, ACL for investment securities, certain trading activities, certain runoff consumer loan portfolios, private equity investments, intercompany eliminations, certain corporate overhead, tax adjustments that are not allocated to business segments, exited businesses and differences between business segment performance reporting and financial statement reporting (GAAP). Assets, revenue and earnings attributable to foreign activities were not material in the periods presented for comparison. Financial results are presented, to the extent practicable, as if each business operated on a standalone basis. Additionally, we have aggregated the results for corporate support functions within “Other” for financial reporting purposes. Net interest income in business segment results reflects our internal funds transfer pricing methodology. Assets receive a funding charge and liabilities and capital receive a funding credit based on a transfer pricing methodology that incorporates product repricing characteristics, tenor and other factors. We have allocated the ALLL and the allowance for unfunded lending related commitments based on the loan exposures within each business segment’s portfolio. Key reserve assumptions and estimation processes react to and are influenced by observed changes in loan portfolio performance experience, the financial strength of the borrower and economic conditions. Key reserve assumptions are periodically updated. Business Segment Results Table 79: Results of Businesses Three months ended June 30 Retail Banking Corporate & Asset Other Consolidated (a) 2023 Income Statement Net interest income $ 2,448 $ 1,349 $ 125 $ (412) $ 3,510 Noninterest income 702 821 228 32 1,783 Total revenue 3,150 2,170 353 (380) 5,293 Provision for (recapture of) credit losses (14) 209 (10) (39) 146 Depreciation and amortization 81 53 7 143 284 Other noninterest expense 1,823 868 273 124 3,088 Income (loss) before income taxes (benefit) and noncontrolling interests 1,260 1,040 83 (608) 1,775 Income taxes (benefit) 295 218 20 (258) 275 Net income (loss) 965 822 63 (350) 1,500 Less: Net income attributable to noncontrolling interests 11 5 1 17 Net income (loss) excluding noncontrolling interests $ 954 $ 817 $ 63 $ (351) $ 1,483 Average Assets $ 114,826 $ 234,174 $ 15,562 $ 190,945 $ 555,507 2022 Income Statement Net interest income $ 1,662 $ 1,232 $ 153 $ 4 $ 3,051 Noninterest income 748 968 234 115 2,065 Total revenue 2,410 2,200 387 119 5,116 Provision for (recapture of) credit losses 55 (17) 5 (7) 36 Depreciation and amortization 83 51 8 147 289 Other noninterest expense 1,830 883 262 (20) 2,955 Income (loss) before income taxes (benefit) and noncontrolling interests 442 1,283 112 (1) 1,836 Income taxes (benefit) 105 277 26 (68) 340 Net income 337 1,006 86 67 1,496 Less: Net income (loss) attributable to noncontrolling interests 15 3 (3) 15 Net income excluding noncontrolling interests $ 322 $ 1,003 $ 86 $ 70 $ 1,481 Average Assets $ 113,068 $ 219,513 $ 14,449 $ 199,848 $ 546,878 (Continued from previous page) Six months ended June 30 Retail Corporate & Asset Other Consolidated (a) 2023 Income Statement Net interest income $ 4,729 $ 2,732 $ 252 $ (618) $ 7,095 Noninterest income 1,445 1,707 458 191 3,801 Total revenue 6,174 4,439 710 (427) 10,896 Provision for (recapture of) credit losses 224 181 (1) (23) 381 Depreciation and amortization 159 107 13 286 565 Other noninterest expense 3,672 1,753 547 156 6,128 Income (loss) before income taxes (benefit) and noncontrolling interests 2,119 2,398 151 (846) 3,822 Income taxes (benefit) 497 512 36 (417) 628 Net income (loss) 1,622 1,886 115 (429) 3,194 Less: Net income (loss) attributable to noncontrolling interests 21 10 3 34 Net income (loss) excluding noncontrolling interests $ 1,601 $ 1,876 $ 115 $ (432) $ 3,160 Average Assets $ 115,103 $ 234,354 $ 15,282 $ 194,162 $ 558,901 2022 Income Statement Net interest income $ 3,193 $ 2,375 $ 291 $ (4) $ 5,855 Noninterest income 1,493 1,772 482 206 3,953 Total revenue 4,686 4,147 773 202 9,808 Provision for (recapture of) credit losses (26) (135) 7 (18) (172) Depreciation and amortization 157 103 14 292 566 Other noninterest expense 3,648 1,668 507 27 5,850 Income (loss) before income taxes (benefit) and noncontrolling interests 907 2,511 245 (99) 3,564 Income taxes (benefit) 214 545 57 (177) 639 Net income 693 1,966 188 78 2,925 Less: Net income (loss) attributable to noncontrolling interests 31 7 (2) 36 Net income excluding noncontrolling interests $ 662 $ 1,959 $ 188 $ 80 $ 2,889 Average Assets $ 112,415 $ 210,171 $ 14,126 $ 212,415 $ 549,127 (a) There were no material intersegment revenues for the three and six months ended June 30, 2023 and 2022. Business Segment Products and Services Retail Banking provides deposit, lending, brokerage, insurance services, investment management and cash management products and services to consumer and small business customers who are serviced through our coast-to-coast branch network, digital channels, ATMs, or through our phone-based customer contact centers. Deposit products include checking, savings and money market accounts and time deposits. Lending products include residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans and personal and small business loans and lines of credit. The residential mortgage loans are directly originated within our branch network and nationwide, and are typically underwritten to agency and/or third-party standards, and either sold, servicing retained or held on our balance sheet. Brokerage, investment management and cash management products and services include managed, education, retirement and trust accounts. Corporate & Institutional Banking provides lending, treasury management, capital markets and advisory products and services to mid-sized and large corporations and government and not-for-profit entities. Lending products include secured and unsecured loans, letters of credit and equipment leases. The Treasury Management business provides corporations with cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services and access to online/mobile information management and reporting services. Capital markets and advisory includes services and activities primarily related to merger and acquisitions advisory, equity capital markets advisory, asset-backed financing, loan syndication, securities underwriting and customer-related trading. We also provide commercial loan servicing and technology solutions for the commercial real estate finance industry. Products and services are provided nationally. Asset Management Group provides private banking for high net worth and ultra high net worth clients and institutional asset management. The Asset Management group is composed of two operating units: • PNC Private Bank provides products and services to emerging affluent, high net worth and ultra high net worth individuals and their families, including investment and retirement planning, customized investment management, credit and cash management solutions, trust management and administration. In addition, multi-generational family planning services are also provided to ultra high net worth individuals and their families, which include estate, financial, tax, fiduciary and customized performance reporting through PNC Private Bank Hawthorn. • Institutional Asset Management provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, retirement plan fiduciary investment services to institutional clients, including corporations, healthcare systems, insurance companies, unions, municipalities and non-profits.

Fee-Based Revenue from Contract

Fee-Based Revenue from Contracts with Customers	6 Months Ended
Fee-Based Revenue from Contracts with Customers	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Fee-Based Revenue from Contracts with Customers	F EE - BASED R EVENUE FROM C ONTRACTS WITH C USTOMERS As more fully described in Note 24 Fee-based Revenue from Contracts with Customers in our 2022 Form 10-K, a subset of our noninterest income relates to certain fee-based revenue within the scope of ASC Topic 606 - Revenue from Contracts with Customers (Topic 606). Fee-based revenue within the scope of Topic 606 is recognized within our three reportable business segments: Retail Banking, Corporate & Institutional Banking and Asset Management Group. Interest income, income from lease contracts, fair value gains from financial instruments (including derivatives), income from mortgage servicing rights and guarantee products, letter of credit fees, non-refundable fees associated with acquiring or originating a loan and gains from the sale of financial assets are outside of the scope of Topic 606. In the fourth quarter of 2022, PNC updated the name of the noninterest income line item “Capital markets related” to “Capital markets and advisory.” This update did not impact the components of the category. All periods presented herein reflect these changes. For a description of each updated noninterest income revenue stream, see Note 1 Accounting Policies. Table 80 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments’ principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment’s principal products and services, see Note 24 Fee-based Revenue from Contracts with Customers in our 2022 Form 10-K. Table 80: Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income Three Months Ended Three Months Ended Retail Banking Corporate & Asset Management Group Retail Banking Corporate & Asset Management Group Asset management and brokerage Asset management fees $ 222 $ 228 Brokerage fees $ 124 2 $ 135 2 Total asset management and brokerage 124 224 135 230 Card and cash management Treasury management fees 11 $ 345 10 $ 327 Debit card fees 178 177 Net credit card fees (a) 61 63 Merchant services 45 19 52 14 Other 25 27 Total card and cash management 320 364 329 341 Lending and deposit services Deposit account fees 151 145 Other 18 8 17 9 Total lending and deposit services 169 8 162 9 Residential and commercial mortgage (b) 40 33 Capital markets and advisory 130 272 Other 14 9 Total in-scope noninterest income 613 556 224 626 664 230 Out-of-scope noninterest income (c) 89 265 4 122 304 4 Noninterest income by business segment $ 702 $ 821 $ 228 $ 748 $ 968 $ 234 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 1,393 $ 1,520 Out-of-scope business segment noninterest income (c) 358 430 Noninterest income from other segments 32 115 Noninterest income as shown on the Consolidated Income Statement $ 1,783 $ 2,065 (Continued from previous page) Six Months Ended Six Months Ended Retail Banking Corporate & Asset Retail Banking Corporate & Asset Asset management and brokerage Asset management fees $ 446 $ 469 Brokerage fees $ 254 4 $ 269 4 Total asset management and brokerage 254 450 269 473 Card and cash management Treasury management fees 21 $ 673 19 $ 629 Debit card fees 343 338 Net credit card fees (a) 119 118 Merchant services 84 38 93 31 Other 49 50 Total card and cash management 616 711 618 660 Lending and deposit services Deposit account fees 306 287 Other 36 16 34 17 Total lending and deposit services 342 16 321 17 Residential and commercial mortgage (b) 82 64 Capital markets and advisory 286 409 Other 22 22 Total in-scope noninterest income 1,212 1,117 450 1,208 1,172 473 Out-of-scope noninterest income (c) 233 590 8 285 600 9 Noninterest income by business segment $ 1,445 $ 1,707 $ 458 $ 1,493 $ 1,772 $ 482 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 2,779 $ 2,853 Out-of-scope business segment noninterest income (c) 831 894 Noninterest income from other segments 191 206 Noninterest income as shown on the Consolidated Income Statement $ 3,801 $ 3,953 (a) Net credit card fees consists of interchange fees of $173 million and $172 million and credit card reward costs of $112 million and $109 million for the three months ended June 30, 2023 and 2022, respectively. Net credit card fees consists of interchange fees of $333 million and $320 million and credit card reward costs of $214 million and $202 million for the six months ended June 30, 2023 and 2022, respectively. (b) Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment.

Regulatory Matters

Regulatory Matters	6 Months Ended
Regulatory Matters	Jun. 30, 2023
Regulatory Matters [Abstract]
Regulatory Matters	R EGULATORY M ATTERS FDIC Special Assessment Pursuant to Systemic Risk Determination In May 2023, the FDIC proposed a rule to implement a special assessment, in connection with the systemic risk determination announced in March 2023, to recover the cost associated with protecting uninsured depositors following the closures of Silicon Valley Bank and Signature Bank. Under the proposal, the FDIC would collect from PNC, along with other BHCs and insured depository institutions, special assessments at an annual rate of 12.5 basis points of PNC’s uninsured deposits reported as of December 31, 2022 (adjusted to exclude the first $5 billion), over eight quarterly assessment periods, beginning after the first quarter 2024. We expect the FDIC will enact a special deposit insurance assessment in the second half of 2023 that will significantly increase our FDIC deposit insurance costs. Based on the current proposal, PNC estimates our total cost to be approximately $468 million pre-tax, or $370 million after-tax, which would be incurred in the quarter the FDIC finalizes the rule. The total cost and timing is subject to change pending the assessment’s finalization. Proposed Expanded Risk-Based Capital Rules On July 27, 2023, the Federal Reserve, OCC, and FDIC proposed for public comment an interagency rule to implement the final components of the Basel III framework that would significantly revise the capital requirements for large banking organizations, including PNC and PNC Bank. The proposed rule will apply an expanded risk-based approach which leverages the Basel rules, including the calculation of risk-weighted assets, in addition to the current U.S. standardized approach. In addition, this proposal would align the regulatory capital elements and required deductions for Category III banking organizations such as PNC and PNC Bank with those currently applicable to Category I and II banking organizations. PNC and PNC Bank would be required to recognize most elements of AOCI in regulatory capital and deduct from CET1 capital, among other items, mortgage servicing assets and deferred tax assets that individually exceed 10 percent of CET1 capital or in the aggregate with other threshold items that exceed 15 percent of CET1 capital . PNC and PNC Bank would be required to calculate their risk-based capital ratios under the existing

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies (Policies)

Accounting Policies (Policies)	6 Months Ended
Accounting Policies (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Business and Basis of Financial Statement Presentation	B USINESS PNC is one of the largest diversified financial services companies in the U.S. and is headquartered in Pittsburgh, Pennsylvania. Basis of Financial Statement Presentation Our consolidated financial statements include the accounts of the parent company and its subsidiaries, most of which are wholly-owned, certain partnership interests and VIEs. We prepared these consolidated financial statements in accordance with GAAP. We have eliminated intercompany accounts and transactions. In our opinion, the unaudited interim consolidated financial statements reflect all normal, recurring adjustments needed to state fairly our results for the interim periods. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. We have also considered the impact of subsequent events on these consolidated financial statements. When preparing these unaudited interim consolidated financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2022 Form 10-K. These interim consolidated financial statements serve to update our 2022 Form 10-K and may not include all information and Notes necessary to constitute a complete set of financial statements. There have been changes to certain of our accounting policies as disclosed in our 2022 Form 10-K due to the adoption of ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures
Use of Estimates	Use of Estimates We prepared these consolidated financial statements using financial information available at the time of preparation, which requires us to make estimates and assumptions that affect the amounts reported. Our most significant estimates pertain to the ACL and our fair value measurements. Actual results may differ from the estimates and the differences may be material to the consolidated financial statements.
Loans	Loans Loans are classified as held for investment when management has both the intent and ability to hold the loan for the foreseeable future, or until maturity or payoff. Management’s intent and view of the foreseeable future may change based on changes in business strategies, the economic environment, market conditions and the availability of government programs. Measurement of delinquency status is based on the contractual terms of each loan. Loans that are 30 days or more past due in terms of payment are considered delinquent. Under the CARES Act credit reporting rules, certain loans modified due to pandemic related hardships are not being reported as past due based on the contractual terms of the loan, even where borrowers may not be making payments on their loans during the modification period. The CARES Act credit reporting rules expire in the third quarter of 2023. Loans held for investment, excluding PCD loans, are recorded at amortized cost basis unless we elect to measure these under the fair value option. Amortized cost basis represents principal amounts outstanding, net of unearned income, unamortized deferred fees and costs on originated loans, premiums or discounts on purchased loans and charge-offs. Amortized cost basis does not include accrued interest, as we include accrued interest in Other assets on our Consolidated Balance Sheet. Interest on performing loans is accrued based on the principal amount outstanding and recorded in Interest income as earned using the constant effective yield method over the contractual life. Loan origination fees, direct loan origination costs, and loan premiums and discounts are deferred and accreted or amortized into Net interest income using the constant effective yield method, over the contractual life of the loan. The processing fee received for loans originated through PPP lending under the CARES Act is deferred and accreted into Net interest income using the effective yield method, over the contractual life of the loan. Loans under the fair value option are reported at their fair value, with any changes to fair value reported as Noninterest income on the Consolidated Income Statement, and are excluded from the measurement of ALLL. In addition to originating loans, we also acquire loans through the secondary loan market, portfolio purchases or acquisitions of other financial services companies. Certain acquired loans that have experienced a more-than-insignificant deterioration of credit quality since origination ( i.e. , PCD) are recognized at an amortized cost basis equal to their purchase price plus an ALLL measured at the acquisition date. PNC considers a variety of factors in connection with the identification of more-than-insignificant deterioration in credit quality, including but not limited to nonperforming status, delinquency, risk ratings and other qualitative factors that indicate deterioration in credit quality since origination. Subsequent decreases in expected cash flows that are attributable, at least in part, to credit quality are recognized through a charge to the provision for credit losses resulting in an increase in the ALLL. Subsequent increases in expected cash flows are recognized as a provision recapture of previously recorded ALLL . We consider a loan to be collateral dependent when we determine that substantially all of the expected cash flows will be generated from the operation or sale of the collateral underlying the loan, or when the borrower is experiencing financial difficulty and we have elected to measure the loan at the estimated fair value of collateral (less costs to sell if sale or foreclosure of the property is expected). Additionally, we consider a loan to be collateral dependent when foreclosure or liquidation of the underlying collateral is probable. On January 1, 2023, we adopted ASU 2022-02, which eliminates the accounting guidance for TDRs. See Note 1 Accounting Policies in our 2022 Form 10-K for a description of our accounting policies for TDRs that were in effect prior to adoption. Loan modifications to borrowers experiencing financial difficulty, or FDMs, result from our loss mitigation activities and include principal forgiveness, interest rate reductions, term extensions, payment delays, repayment plans or combinations thereof. FDMs continue to be subject to our existing nonaccrual policies. Expected losses or recoveries on FDMs have been factored into the ALLL estimates for each loan class under the methodologies described in this Note. Refer to Note 3 Loans and Related Allowance for Credit Losses for more information on FDMs. See the following for additional information related to loans, including further discussion regarding our policies, the methodologies and significant inputs used to determine the ALLL and additional details on the composition of our loan portfolio: • Nonperforming Loans and Leases section of this Note 1, • Allowance for Credit Losses section of this Note 1, • Note 3 Loans and Related Allowance for Credit Losses in this Report, and • Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K. Nonperforming Loans and Leases The matrix that follows summarizes our policies for classifying certain loans as nonperforming loans and/or discontinuing the accrual of loan interest income. Commercial Loans classified as nonperforming and accounted for as nonaccrual • Loans accounted for at amortized cost where: – The loan is 90 days or more past due. – The loan is rated substandard or worse due to the determination that full collection of principal and interest is not probable as demonstrated by the following conditions: • The collection of principal or interest is 90 days or more past due, • Reasonable doubt exists as to the certainty of the borrower’s future debt service ability, according to the terms of the credit arrangement, regardless of whether 90 days have passed or not, • The borrower has filed, or will likely file for bankruptcy, and it is not probable the borrower will be able to repay contractual payments due under the loan, • The bank advances additional funds to cover principal or interest, • We are in the process of liquidating a commercial borrower, or • We are pursuing remedies under a guarantee. Loans excluded from nonperforming classification but accounted for as nonaccrual • Loans accounted for under the fair value option and full collection of principal and interest is not probable. • Loans accounted for at the lower of cost or market less costs to sell (held for sale) and full collection of principal and interest is not probable. Loans excluded from nonperforming classification and nonaccrual accounting • Loans that are well secured and in the process of collection. • Certain government insured or guaranteed loans where substantially all principal and interest is insured. • Commercial purchasing card assets that do not accrue interest. Consumer Loans classified as nonperforming and accounted for as nonaccrual • Loans accounted for at amortized cost where full collection of contractual principal and interest is not deemed probable as demonstrated in the policies below: – The loan is 90 days past due for home equity and installment loans, and 180 days past due for well secured residential real estate loans, – The loan has been modified due to a borrower experiencing financial difficulty and is not government insured or guaranteed, – The loan has been modified to defer prior payments in forbearance to the end of the loan term, – Notification of bankruptcy has been received, – The bank holds a subordinate lien position in the loan and the first lien mortgage loan is seriously stressed ( i.e. , 90 days or more past due), – Other loans within the same borrower relationship have been placed on nonaccrual or charge-offs have been taken on them, – The bank has ordered the repossession of non-real estate collateral securing the loan, or – The bank has charged-off the loan to the value of the collateral. Loans excluded from nonperforming classification but accounted for as nonaccrual • Loans accounted for under the fair value option and full collection of principal and interest is not probable. • Loans accounted for at the lower of cost or market less costs to sell (held for sale) and full collection of principal and interest is not probable. Loans excluded from nonperforming classification and nonaccrual accounting • Certain government insured or guaranteed loans where substantially all principal and interest is insured. • Residential real estate loans that are well secured and in the process of collection. • Consumer loans and lines of credit, not secured by residential real estate or automobiles, as permitted by regulatory guidance. Commercial We generally charge-off commercial (commercial and industrial, commercial real estate and equipment lease financing) nonperforming loans when we determine that a specific loan, or portion thereof, is uncollectible. This determination is based on the specific facts and circumstances of the individual loans. In making this determination, we consider the viability of the business or project as a going concern, the past due status when the asset is not well-secured, the expected cash flows to repay the loan, the value of the collateral and the ability and willingness of any guarantors to perform. For commercial loans and leases less than a defined dollar threshold, balances are generally charged-off in full after 180 days for loans and 120 days for leases. Consumer We generally charge-off secured consumer (home equity, residential real estate and automobile) nonperforming loans to the fair value of collateral less costs to sell if the fair value is lower than the amortized cost basis of the loan outstanding and the delinquency of the loan, combined with other risk factors such as bankruptcy or lien position, indicates that the loan (or a portion thereof) is uncollectible as per our historical experience. These nonperforming loans would also be charged-off when the collateral has been repossessed. We charge-off secured consumer loans no later than 180 days past due. Most consumer loans and lines of credit, not secured by automobiles or residential real estate, are charged-off once they have reached 120-180 days past due. For secured collateral dependent loans, collateral values are updated at least annually and subsequent declines in collateral values are charged-off resulting in incremental provision for credit loss. Subsequent increases in collateral values may be reflected as an adjustment to the ALLL to reflect the expectation of recoveries in an amount greater than previously expected, limited to amounts previously charged-off. Accounting for Nonperforming Assets and Leases and Other Nonaccrual Loans For nonaccrual loans, interest income accrual and deferred fee/cost recognition is discontinued. Additionally, depending on whether the accrued interest has been incorporated into the ACL estimates, as discussed in the Accrued Interest section of this Note 1, the accrued and uncollected interest is either reversed through Net interest income (if a CECL reserve is not maintained for accrued interest) or charged-off against the allowance (if a CECL reserve is maintained for accrued interest), except for credit cards, where we reverse any accrued interest through Net interest income at the time of charge-off, as per industry standard practice. Nonaccrual loans that are also collateral dependent may be charged-off to reduce the basis to the fair value of collateral less costs to sell. If payment is received on a nonaccrual loan, generally the payment is first applied to the remaining principal balance. Payments are then applied to recover any charged-off amounts related to the loan. Finally, if both principal balance and any charge-offs have been recovered, then the payment will be recorded as fee and interest income. For certain consumer loans, the receipt of interest payments is recognized as interest income on a cash basis. Cash basis income recognition is applied if a loan’s amortized cost basis is deemed fully collectible and the loan has performed for at least six months. For loans modified due to a borrower experiencing financial difficulty, payments are applied based upon their contractual terms unless the related loan is deemed nonperforming. Loans modified due to a borrower experiencing financial difficulty are generally included in nonperforming and nonaccrual loans if they are not government insured or guaranteed. However, after a reasonable period of time, generally six months, in which the loan performs under modified terms and meets other performance indicators, it is returned to performing/accruing status. This return to performing/accruing status demonstrates that the bank expects to collect all of the loan’s remaining contractual principal and interest. Loan modifications granted to borrowers experiencing financial difficulty resulting from (i) borrowers that have been discharged from personal liability through Chapter 7 bankruptcy and have not formally reaffirmed their loan obligations to us, and (ii) borrowers that are not currently obligated to make both principal and interest payments under the modified terms are not returned to accrual status. Other nonaccrual loans are generally not returned to accrual status until the borrower has performed in accordance with the contractual terms and other performance indicators for at least six months, the period of time which was determined to demonstrate the expected collection of the loan’s remaining contractual principal and interest. Nonaccrual loans with partially charged-off principal are not returned to accrual. When a nonperforming loan is returned to accrual status, it is then considered a performing loan. Foreclosed assets consist of any asset seized or property acquired through a foreclosure proceeding or acceptance of a deed-in-lieu of foreclosure. OREO comprises principally residential and commercial real estate properties obtained in partial or total satisfaction of loan obligations. After obtaining a foreclosure judgment, or in some jurisdictions the initiation of proceedings under a power of sale in the loan instruments, the property will be sold. When we are awarded title or completion of deed-in-lieu of foreclosure, we transfer the loan to foreclosed assets included in Other assets on our Consolidated Balance Sheet. Property obtained in satisfaction of a loan is initially recorded at estimated fair value less cost to sell. Based upon the estimated fair value less cost to sell, the amortized cost basis of the loan is adjusted and a charge-off/recovery is recognized to the ALLL. We estimate fair values primarily based on appraisals, or sales agreements with third parties. Subsequently, foreclosed assets are valued at the lower of the amount recorded at acquisition date or estimated fair value less cost to sell. Valuation adjustments on these assets and gains or losses realized from disposition of such property are reflected in Other noninterest expense. For certain mortgage loans that have a government guarantee, we establish a separate other receivable upon foreclosure. The receivable is measured based on the loan balance (inclusive of principal and interest) that is expected to be recovered from the guarantor. See Note 3 Loans and Related Allowance for Credit Losses for additional information on FDMs, nonperforming assets and credit quality indicators related to our loan portfolio.
Allowance for Loan and Lease Losses	Allowance for Credit Losses Our ACL is based on historical loss experience, current borrower risk characteristics, current economic conditions, reasonable and supportable forecasts of future conditions and other relevant factors. We maintain the ACL at an appropriate level for expected losses on our existing investment securities, loans, equipment finance leases, other financial assets and unfunded lending related commitments, for the estimated contractual term of the assets or exposures as of the balance sheet date. The remaining contractual term of assets in scope of CECL is estimated considering contractual maturity dates, prepayment expectations, utilization or draw expectations and any contractually embedded extension options that do not allow us to unilaterally cancel the extension options. For products without a fixed contractual maturity date ( e.g ., credit cards), we rely on historical payment behavior to determine the length of the paydown or default time period. We estimate expected losses on a pooled basis using a combination of (i) the expected losses over a reasonable and supportable forecast period, (ii) a period of reversion to long-run average expected losses, where applicable and (iii) the long-run average expected losses for the remaining estimated contractual term. For all assets and unfunded lending related commitments in the scope of CECL, the ACL also includes individually assessed reserves and qualitative reserves, as applicable. We use forward-looking information in estimating expected credit losses for our reasonable and supportable forecast period. For this purpose, we use forecasted scenarios produced by PNC’s Economics Team, which are designed to reflect business cycles and their related estimated probabilities. The forecast length that we have currently determined to be reasonable and supportable is three years. As noted in the methodology discussions that follow, forward-looking information is incorporated into the expected credit loss estimates. Such forward looking information includes forecasted relevant macroeconomic variables, which are estimated using quantitative macroeconomic models, analysis from PNC economists and management judgment. The reversion period is used to bridge our three-year reasonable and supportable forecast period and the long-run average expected credit losses. We consider a number of factors in determining the duration of the reversion period, such as contractual maturity of the asset, observed historical patterns and the estimated credit loss rates at the end of the forecast period relative to the beginning of the long-run average period. The reversion period is typically one to three years, if not immediate. The long-run average expected credit losses are derived from long-run historical credit loss information adjusted for the credit quality of the current portfolio and, therefore, do not consider current and forecasted economic conditions. See the following sections related to loans and unfunded lending related commitments for details about specific methodologies. Allowance for Loan and Lease Losses Our pooled expected loss methodology is based upon the quantification of risk parameters, such as PD, LGD and EAD for a loan, loan segment or lease. We also consider the impact of prepayments and amortization on contractual maturity in our expected loss estimates. We use historical credit loss information, current borrower risk characteristics and forecasted economic variables for the reasonable and supportable forecast period, coupled with analytical methods, to estimate these risk parameters by loan, loan segment or lease. PD, LGD and EAD parameters are calculated for each forecasted scenario and the long-run average period, and combined to generate expected loss estimates by scenario. The following matrix provides key credit risk characteristics that we use to estimate these risk parameters. Loan Class Probability of Default Loss Given Default Exposure at Default Commercial Commercial and industrial / Equipment lease financing • For wholesale obligors: internal risk ratings based on borrower characteristics and industry • For retail small balance obligors: credit score, delinquency status, and product type • Collateral type, LTV, industry, size and outstanding exposure for secured loans • Capital structure, industry and size for unsecured loans • For retail small balance obligors, product type and credit scores • Outstanding balances, commitment, contractual maturities and historical prepayment experience for loans • Current utilization and historical pre-default draw experience for lines Commercial real estate (CRE) • Property performance metrics, property type, market and risk pool for the forecast period • For the long-run average period, internal risk ratings based on borrower characteristics • Property type, LTV and costs to sell • Outstanding balances, commitment, contractual maturities and historical prepayment experience for loans Consumer Home equity / Residential real estate • Borrower credit scores, delinquency status, origination vintage, LTV and contractual maturity • Collateral characteristics, LTV and costs to sell • Outstanding balances, contractual maturities and historical prepayment experience for loans • Current utilization and historical pre-default draw experience for lines Automobile • Borrower credit scores, delinquency status, borrower income, LTV and contractual maturity • New vs. used, LTV and borrower credit scores • Outstanding balances, contractual maturities and historical prepayment experience Credit card • Borrower credit scores, delinquency status, utilization, payment behavior and months on book • Borrower credit scores and credit line amount • Pay-down curves are developed using a pro-rata method and estimated using borrower behavior segments, payment ratios and borrower credit scores Education / Other consumer • Modeled using either discrete risk parameters or net charge-off and pay-down rates The following matrix describes the key economic variables that are consumed during our forecast period by loan class, as well as other assumptions that are used for our reversion and long-run average approaches. Loan Class Forecast Period - Key Economic Variables Reversion Method Long-Run Average Commercial Commercial and industrial / Equipment lease financing • GDP and Gross Domestic Investment measures, employment related variables and personal income and consumption measures • Immediate reversion • Average parameters determined based on internal and external historical data • Modeled parameters using long-run economic conditions for retail small balance obligors Commercial real estate (CRE) • CRE Price Index, unemployment rates, GDP, corporate bond yield and interest rates • Immediate reversion • Average parameters determined based on internal and external historical data Consumer Home equity / Residential real estate • Unemployment rates, HPI and interest rates • Straight-line over 3 years • Modeled parameters using long-run economic conditions Automobile • Unemployment rates, HPI, personal consumption expenditure and Manheim used car index • Straight-line over 1 year • Average parameters determined based on internal and external historical data Credit card • Unemployment rates, personal consumption expenditure and HPI • Straight-line over 2 years • Modeled parameters using long-run economic conditions Education / Other consumer • Modeled using either discrete risk parameters or net charge-off and pay-down rates After the forecast period, we revert to the long-run average over the reversion period noted above, which is the period between the end of the forecast period and when losses are estimated to have completely reverted to the long-run average. Once we have developed a combined estimate of credit losses ( i.e. , for the forecast period, reversion period and long-run average) under each of the forecasted scenarios, we produce a probability-weighted credit loss estimate by loan class. We then add or deduct any qualitative components and other adjustments, such as individually assessed loans, to produce the ALLL. See the Individually Assessed Component and Qualitative Component discussions that follow in this Note 1 for additional information about those adjustments. Discounted Cash Flow Prior to January 1, 2023, we used a discounted cash flow methodology for our home equity and residential real estate loan classes. Effective January 1, 2023, we discontinued our use of a discounted cash flow methodology, and we now use a pooled expected loss methodology based upon the quantification of risk parameters, such as PD, LGD and EAD for a loan or loan segment. See Note 1 Accounting Policies in our 2022 Form 10-K for a description of our use of a discounted cash flow methodology prior to January 1, 2023. Individually Assessed Component Loans and leases that do not share similar risk characteristics with a pool of loans are individually assessed as follows: • For commercial nonperforming loans greater than or equal to a defined dollar threshold, reserves are based on an analysis of the present value of the loan’s expected future cash flows or the fair value of the collateral, if appropriate under our policy for collateral dependent loans. Nonperforming commercial loans below the defined threshold are reserved for under a pooled basis. • For consumer nonperforming loans classified as collateral dependent, charge-off and ALLL related to recovery of amounts previously charged-off are evaluated through an analysis of the fair value of the collateral less costs to sell. Qualitative Component While our reserve methodologies strive to reflect all relevant credit risk factors, there continues to be uncertainty associated with, but not limited to, potential imprecision in the estimation process due to the inherent time lag of obtaining information and normal variations between expected and actual outcomes. We may hold additional reserves that are designed to provide coverage for losses attributable to such risks. The ACL also takes into account factors that may not be directly measured in the determination of individually assessed or pooled reserves. Such qualitative factors may include, but are not limited to: • Industry concentrations and conditions, • Changes in market conditions, including regulatory and legal requirements, • Changes in the nature and volume of our portfolio, • Recent credit quality trends, • Recent loss experience in particular portfolios, including specific and unique events, • Recent macroeconomic factors that may not be reflected in the forecast information, • Limitations of available input data, including historical loss information and recent data such as collateral values, • Model imprecision and limitations, • Changes in lending policies and procedures, including changes in loss recognition and mitigation policies and procedures, and • Timing of available information. Purchased Credit Deteriorated Loans or Securities The allowance for PCD loans or securities is determined at the time of acquisition, as the estimated expected credit loss of the outstanding balance or par value, based on the methodologies described previously for loans and securities. In accordance with CECL, the allowance recognized at acquisition is added to the acquisition date purchase price to determine the asset’s amortized cost basis. Allowance for Unfunded Lending Related Commitments We maintain the allowance for unfunded lending related commitments on off-balance sheet credit exposures that are not unconditionally cancelable ( e.g. , unfunded loan commitments, letters of credit and certain financial guarantees), at a level we believe is appropriate as of the balance sheet date to absorb expected credit losses on these exposures. Other than the estimation of the probability of funding, this reserve is estimated in a manner similar to the methodology used for determining reserves for loans and leases. See the Allowance for Loan and Lease Losses section of this Note 1 for the key credit risk characteristics for unfunded lending related commitments. The allowance for unfunded lending related commitments is recorded as a liability on the Consolidated Balance Sheet. Net adjustments to this reserve are included in the provision for credit losses.
Accrued Interest	Accrued Interest When accrued interest is reversed or charged-off in a timely manner, the CECL standard provides a practical expedient to exclude accrued interest from ACL measurement. We consider our nonaccrual and charge-off policies to be timely for all of our investment securities, loans and leases, with the exception of consumer credit cards, education loans and certain unsecured consumer lines of credit. We consider the length of time before nonaccrual/charge-off and the use of appropriate other triggering events for nonaccrual and charge-offs in making this determination. Pursuant to these policy elections, we calculate reserves for accrued interest on credit cards, education loans and certain unsecured consumer lines of credit, which are then included within the ALLL. See the Debt Securities section of Note 1 Accounting Policies in our 2022 Form 10-K and the Nonperforming Loans and Leases section of this Note 1 for additional information on our nonaccrual and charge-off policies.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Accounting Standards Update Description Financial Statement Impact Reference Rate Reform - ASU 2020-04 Issued March 2020 Reference Rate Reform Scope - ASU 2021-01 Issued January 2021 Reference Rate Reform Deferral of Sunset Date – ASU 2022-06 Issued December 2022 • Provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform (codified in ASC 848). • Includes optional expedients related to contract modifications that allow an entity to account for modifications (if certain criteria are met) as if the modifications were only minor (assets within the scope of ASC 310, Receivables), were not substantial (assets within the scope of ASC 470, Debt) and/or did not result in remeasurements or reclassifications (assets within the scope of ASC 842, Leases, and other Topics) of the existing contract. • Includes optional expedients related to hedging relationships within the scope of ASC 815, Derivatives & Hedging, whereby changes to the critical terms of a hedging relationship do not require dedesignation if certain criteria are met. In addition, potential sources of ineffectiveness as a result of reference rate reform may be disregarded when performing some effectiveness assessments. • Includes optional expedients and exceptions for contract modifications and hedge accounting that apply to derivative instruments impacted by the market-wide discounting transition. • Guidance in these ASUs is effective as of March 12, 2020 through December 31, 2024. • ASU 2020-04 was adopted March 12, 2020. ASU 2021-01 was retrospectively adopted October 1, 2020. ASU 2022-06 was adopted upon issuance. • Refer to Note 1 Accounting Policies in our 2022 Form 10-K for more information on elections of optional expedients that occurred in 2020, 2021 and 2022. We applied these optional expedients consistently to all eligible LIBOR cessation-related contract modifications and hedging relationships since election. • During the second quarter of 2023, we elected and applied certain optional expedients for contract modifications and hedging relationships impacted by the central clearing counterparties conversion processes for LIBOR-indexed derivative instruments. These optional expedients remove the requirement to remeasure contract modifications or dedesignate hedging relationships due to reference rate reform. The elections made apply only to derivatives instruments impacted by the central clearinghouse conversion process. • During the second quarter of 2023, we applied certain optional expedients for investment security, debt and preferred stock instrument contract modifications impacted by LIBOR cessation. These optional expedients remove the requirement to remeasure contract modifications. • We may elect additional optional expedients for contract modifications and hedge relationships affected by reference rate reform through the effective date of this guidance. Accounting Standards Update Description Financial Statement Impact Troubled Debt Restructurings and Vintage Disclosures - ASU 2022-02 Issued March 2022 • Eliminates the accounting guidance for TDRs and requires an entity to apply the loan refinancing and restructuring guidance to determine whether a modification results in a new loan or a continuation of an existing loan. • Eliminates the requirement to use a discounted cash flow approach to measure the allowance for credit losses for TDRs. • Enhances disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. • Requires disclosure of current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of CECL. • Requires a prospective transition approach to all amendments except those related to the recognition and measurement of TDRs (which allow the option to apply a modified retrospective transition approach through a cumulative-effect adjustment to retained earnings in the period of adoption). • Adopted January 1, 2023 using a modified retrospective transition approach for the amendments related to the recognition and measurement of TDRs. • The impact of adoption resulted in a decrease to the beginning period ALLL of $35 million, resulting in an increase to Retained Earnings of $26 million, net of tax, as of January 1, 2023. • The presentation of our loan modification disclosures have been updated to reflect information on loan modifications given to borrowers experiencing financial difficulty and can be found within Note 3 Loans and Related Allowance for Credit Losses. TDR disclosures are presented for comparative periods only and are not required to be updated in current periods. Additionally, our vintage disclosure has been updated to reflect gross charge-offs by year of origination.

Accounting Policies (Tables)

Accounting Policies (Tables)	6 Months Ended
Accounting Policies (Tables)	Jun. 30, 2023
Accounting Policies [Abstract]
Recently Adopted Accounting Standards	Accounting Standards Update Description Financial Statement Impact Reference Rate Reform - ASU 2020-04 Issued March 2020 Reference Rate Reform Scope - ASU 2021-01 Issued January 2021 Reference Rate Reform Deferral of Sunset Date – ASU 2022-06 Issued December 2022 • Provides optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform (codified in ASC 848). • Includes optional expedients related to contract modifications that allow an entity to account for modifications (if certain criteria are met) as if the modifications were only minor (assets within the scope of ASC 310, Receivables), were not substantial (assets within the scope of ASC 470, Debt) and/or did not result in remeasurements or reclassifications (assets within the scope of ASC 842, Leases, and other Topics) of the existing contract. • Includes optional expedients related to hedging relationships within the scope of ASC 815, Derivatives & Hedging, whereby changes to the critical terms of a hedging relationship do not require dedesignation if certain criteria are met. In addition, potential sources of ineffectiveness as a result of reference rate reform may be disregarded when performing some effectiveness assessments. • Includes optional expedients and exceptions for contract modifications and hedge accounting that apply to derivative instruments impacted by the market-wide discounting transition. • Guidance in these ASUs is effective as of March 12, 2020 through December 31, 2024. • ASU 2020-04 was adopted March 12, 2020. ASU 2021-01 was retrospectively adopted October 1, 2020. ASU 2022-06 was adopted upon issuance. • Refer to Note 1 Accounting Policies in our 2022 Form 10-K for more information on elections of optional expedients that occurred in 2020, 2021 and 2022. We applied these optional expedients consistently to all eligible LIBOR cessation-related contract modifications and hedging relationships since election. • During the second quarter of 2023, we elected and applied certain optional expedients for contract modifications and hedging relationships impacted by the central clearing counterparties conversion processes for LIBOR-indexed derivative instruments. These optional expedients remove the requirement to remeasure contract modifications or dedesignate hedging relationships due to reference rate reform. The elections made apply only to derivatives instruments impacted by the central clearinghouse conversion process. • During the second quarter of 2023, we applied certain optional expedients for investment security, debt and preferred stock instrument contract modifications impacted by LIBOR cessation. These optional expedients remove the requirement to remeasure contract modifications. • We may elect additional optional expedients for contract modifications and hedge relationships affected by reference rate reform through the effective date of this guidance. Accounting Standards Update Description Financial Statement Impact Troubled Debt Restructurings and Vintage Disclosures - ASU 2022-02 Issued March 2022 • Eliminates the accounting guidance for TDRs and requires an entity to apply the loan refinancing and restructuring guidance to determine whether a modification results in a new loan or a continuation of an existing loan. • Eliminates the requirement to use a discounted cash flow approach to measure the allowance for credit losses for TDRs. • Enhances disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. • Requires disclosure of current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of CECL. • Requires a prospective transition approach to all amendments except those related to the recognition and measurement of TDRs (which allow the option to apply a modified retrospective transition approach through a cumulative-effect adjustment to retained earnings in the period of adoption). • Adopted January 1, 2023 using a modified retrospective transition approach for the amendments related to the recognition and measurement of TDRs. • The impact of adoption resulted in a decrease to the beginning period ALLL of $35 million, resulting in an increase to Retained Earnings of $26 million, net of tax, as of January 1, 2023. • The presentation of our loan modification disclosures have been updated to reflect information on loan modifications given to borrowers experiencing financial difficulty and can be found within Note 3 Loans and Related Allowance for Credit Losses. TDR disclosures are presented for comparative periods only and are not required to be updated in current periods. Additionally, our vintage disclosure has been updated to reflect gross charge-offs by year of origination.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
Investment Securities (Tables)	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities Summary	The following table summarizes our available for sale and held to maturity portfolios by major security type: Table 36: Investment Securities Summary (a)(b) June 30, 2023 December 31, 2022 In millions Amortized Unrealized Fair Amortized Unrealized Fair Gains Losses Gains Losses Securities Available for Sale U.S. Treasury and government agencies $ 7,863 $ 7 $ (760) $ 7,110 $ 9,196 $ 10 $ (836) $ 8,370 Residential mortgage-backed Agency 30,867 6 (3,218) 27,655 32,114 13 (3,304) 28,823 Non-agency 642 133 (7) 768 697 131 (9) 819 Commercial mortgage-backed Agency 1,759 1 (167) 1,593 1,845 (170) 1,675 Non-agency 1,014 (67) 947 1,325 (69) 1,256 Asset-backed 910 28 (4) 934 103 27 (1) 129 Other 2,962 39 (221) 2,780 3,288 44 (245) 3,087 Total securities available for sale $ 46,017 $ 214 $ (4,444) $ 41,787 $ 48,568 $ 225 $ (4,634) $ 44,159 Securities Held to Maturity U.S. Treasury and government agencies $ 36,985 $ 3 $ (1,695) $ 35,293 $ 36,571 $ 6 $ (1,617) $ 34,960 Residential mortgage-backed Agency 44,278 60 (3,119) 41,219 45,271 74 (3,095) 42,250 Non-agency 269 (22) 247 276 (21) 255 Commercial mortgage-backed Agency 839 3 (30) 812 848 4 (26) 826 Non-agency 1,549 (38) 1,511 1,667 (40) 1,627 Asset-backed 6,645 5 (112) 6,538 7,188 6 (140) 7,054 Other 3,309 27 (60) 3,276 3,354 25 (72) 3,307 Total securities held to maturity (d) $ 93,874 $ 98 $ (5,076) $ 88,896 $ 95,175 $ 115 $ (5,011) $ 90,279 (a) At June 30, 2023, the accrued interest associated with our held to maturity and available for sale portfolios totaled $288 million and $143 million, respectively. The comparable amounts at December 31, 2022 were $282 million and $144 million, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (b) Credit ratings represent a primary credit quality indicator used to monitor and manage credit risk. Of our total securities portfolio, 97% were rated AAA/AA at both June 30, 2023 and December 31, 2022. (c) Amortized cost is presented net of allowance of $141 million for securities available for sale, primarily related to non-agency commercial mortgage-backed securities and $7 million for securities held to maturity at June 30, 2023. The comparable amounts at December 31, 2022 were $142 million and $7 million, respectively.
Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses	Table 37: Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses Unrealized loss position Unrealized loss position Total In millions Unrealized Fair Unrealized Fair Unrealized Fair June 30, 2023 U.S. Treasury and government agencies $ (9) $ 898 $ (751) $ 5,983 $ (760) $ 6,881 Residential mortgage-backed Agency (51) 2,309 (3,167) 24,700 (3,218) 27,009 Non-agency (1) 46 (6) 67 (7) 113 Commercial mortgage-backed Agency (2) 89 (165) 1,485 (167) 1,574 Non-agency (57) 808 (57) 808 Asset-backed (3) 502 (1) 12 (4) 514 Other (6) 243 (180) 2,022 (186) 2,265 Total securities available for sale $ (72) $ 4,087 $ (4,327) $ 35,077 $ (4,399) $ 39,164 December 31, 2022 U.S. Treasury and government agencies $ (601) $ 5,868 $ (235) $ 2,208 $ (836) $ 8,076 Residential mortgage-backed Agency (1,744) 19,036 (1,560) 8,971 (3,304) 28,007 Non-agency (6) 112 (2) 17 (8) 129 Commercial mortgage-backed Agency (125) 1,283 (45) 372 (170) 1,655 Non-agency (44) 750 (18) 394 (62) 1,144 Asset-backed (1) 5 (1) 5 Other (96) 1,418 (112) 1,144 (208) 2,562 Total securities available for sale $ (2,616) $ 28,467 $ (1,973) $ 13,111 $ (4,589) $ 41,578
Gains (losses) on Sales Of Securities Available for Sale	Information related to gross realized securities gains and losses from the sales of securities is set forth in the following table: Table 38: Gains (Losses) on Sales of Securities Available for Sale Six months ended June 30 Gross Gains Gross Losses Net Gains (Losses) Tax Expense (Benefit) 2023 $ (2) $ (2) 2022 $ 11 $ (15) $ (4) $ (1)
Contractual Maturity of Securities	The following table presents, by remaining contractual maturity, the amortized cost, fair value and weighted-average yield of debt securities at June 30, 2023: Table 39: Contractual Maturity of Debt Securities June 30, 2023 1 Year or Less After 1 Year After 5 Years After 10 Total Securities Available for Sale U.S. Treasury and government agencies $ 1,230 $ 2,918 $ 1,724 $ 1,991 $ 7,863 Residential mortgage-backed Agency 1 134 3,675 27,057 30,867 Non-agency 8 634 642 Commercial mortgage-backed Agency 49 409 905 396 1,759 Non-agency 119 100 795 1,014 Asset-backed 249 106 555 910 Other 307 2,008 495 152 2,962 Total securities available for sale at amortized cost $ 1,587 $ 5,837 $ 7,013 $ 31,580 $ 46,017 Fair value $ 1,550 $ 5,460 $ 6,385 $ 28,392 $ 41,787 Weighted-average yield, GAAP basis (a) 2.01 % 2.17 % 2.39 % 2.98 % 2.75 % Securities Held to Maturity U.S. Treasury and government agencies $ 2,075 $ 31,522 $ 2,477 $ 911 $ 36,985 Residential mortgage-backed Agency 7 333 43,938 44,278 Non-agency 269 269 Commercial mortgage-backed Agency 133 430 276 839 Non-agency 43 49 1,457 1,549 Asset-backed 11 2,103 1,949 2,582 6,645 Other 230 1,116 603 1,360 3,309 Total securities held to maturity at amortized cost $ 2,359 $ 34,930 $ 5,792 $ 50,793 $ 93,874 Fair value $ 2,330 $ 33,471 $ 5,526 $ 47,569 $ 88,896 Weighted-average yield, GAAP basis (a) 1.30 % 1.39 % 3.65 % 2.93 % 2.36 % (a) Weighted-average yields are based on amortized cost with effective yields weighted for the contractual maturity of each security. Actual maturities and yields may differ as certain securities may be prepaid.
Fair Value of Securities Pledged and Accepted as Collateral	The following table presents the fair value of securities that have been either pledged to or accepted from others to collateralize outstanding borrowings: Table 40: Fair Value of Securities Pledged and Accepted as Collateral In millions June 30, 2023 December 31, 2022 Pledged to others $ 27,347 $ 24,708 Accepted from others: Permitted by contract or custom to sell or repledge $ 1,160 $ 1,266 Permitted amount repledged to others $ 1,160 $ 1,266

Loans and Related Allowance f_2

Loans and Related Allowance for Credit Losses (Tables)	6 Months Ended
Loans and Related Allowance for Credit Losses (Tables)	Jun. 30, 2023
Asset Quality [Abstract]
Summary Of The Classification Of Portfolio Segments	Commercial Consumer • Commercial and industrial • Residential real estate • Commercial real estate • Home equity • Equipment lease financing • Automobile • Credit card • Education • Other consumer
Analysis of Loan Portfolio	Table 41 presents the composition and delinquency status of our loan portfolio at June 30, 2023 and December 31, 2022. Loan delinquencies include government insured or guaranteed loans and loans accounted for under the fair value option. Table 41: Analysis of Loan Portfolio (a) (b) (c) Accruing Dollars in millions Current or Less 30-59 60-89 90 Days Total Nonperforming Fair Value Total Loans June 30, 2023 Commercial Commercial and industrial $ 176,936 $ 64 $ 47 $ 112 $ 223 $ 470 $ 177,629 Commercial real estate 35,568 10 10 350 35,928 Equipment lease financing 6,374 14 5 19 7 6,400 Total commercial 218,878 88 52 112 252 827 219,957 Consumer Residential real estate 45,374 228 86 174 488 (d) 429 $ 543 46,834 Home equity 25,546 56 18 74 506 74 26,200 Automobile 14,823 84 20 5 109 133 15,065 Credit card 6,926 49 36 71 156 10 7,092 Education 1,960 33 17 48 98 (d) 2,058 Other consumer 4,512 17 9 9 35 8 4,555 Total consumer 99,141 467 186 307 960 1,086 617 101,804 Total $ 318,019 $ 555 $ 238 $ 419 $ 1,212 $ 1,913 $ 617 $ 321,761 Percentage of total loans 98.84 % 0.17 % 0.07 % 0.13 % 0.38 % 0.59 % 0.19 % 100.00 % December 31, 2022 Commercial Commercial and industrial $ 181,223 $ 169 $ 27 $ 137 $ 333 $ 663 $ 182,219 Commercial real estate 36,104 19 4 23 189 36,316 Equipment lease financing 6,484 20 4 24 6 6,514 Total commercial 223,811 208 35 137 380 858 225,049 Consumer Residential real estate 44,306 281 112 199 592 (d) 424 $ 567 45,889 Home equity 25,305 53 20 73 526 79 25,983 Automobile 14,543 106 25 7 138 155 14,836 Credit card 6,906 50 35 70 155 8 7,069 Education 2,058 34 22 59 115 (d) 2,173 Other consumer 4,975 15 12 10 37 14 5,026 Total consumer 98,093 539 226 345 1,110 1,127 646 100,976 Total $ 321,904 $ 747 $ 261 $ 482 $ 1,490 $ 1,985 $ 646 $ 326,025 Percentage of total loans 98.73 % 0.23 % 0.08 % 0.15 % 0.46 % 0.61 % 0.20 % 100.00 % (a) Amounts in table represent loans held for investment and do not include any associated ALLL. (b) Under the CARES Act credit reporting rules, certain loans modified due to pandemic related hardships are not being reported as past due as of June 30, 2023 and December 31, 2022 based on the contractual terms of the loan, even where borrowers may not be making payments on their loans during the modification period. The CARES Act credit reporting rules expire in the third quarter of 2023. (c) The accrued interest associated with our loan portfolio totaled $1.3 billion and $1.2 billion at June 30, 2023 and December 31, 2022, respectively. These amounts are included in Other assets on the Consolidated Balance Sheet. (d) Past due loan amounts include government insured or guaranteed Residential real estate loans and Education loans totaling $0.3 billion and $0.1 billion at both June 30, 2023 and December 31, 2022. (e) Consumer loans accounted for under the fair value option for which we do not expect to collect substantially all principal and interest are subject to nonaccrual accounting and classification upon meeting any of our nonaccrual policy criteria. Given that these loans are not accounted for at amortized cost, they have been excluded from the nonperforming loan population. (f) Includes unearned income, unamortized deferred fees and costs on originated loans and premiums or discounts on purchased loans totaling $0.8 billion and $0.9 billion at June 30, 2023 and December 31, 2022, respectively. (g) Collateral dependent loans totaled $1.2 billion and $1.3 billion at June 30, 2023 and December 31, 2022, respectively.
Nonperforming Assets	The following table presents our nonperforming assets as of June 30, 2023 and December 31, 2022, respectively: Table 42: Nonperforming Assets Dollars in millions June 30, 2023 December 31, 2022 Nonperforming loans (a) Commercial $ 827 $ 858 Consumer (b) 1,086 1,127 Total nonperforming loans (c) 1,913 1,985 OREO and foreclosed assets 36 34 Total nonperforming assets $ 1,949 $ 2,019 Nonperforming loans to total loans 0.59 % 0.61 % Nonperforming assets to total loans, OREO and foreclosed assets 0.61 % 0.62 % Nonperforming assets to total assets 0.35 % 0.36 % (a) In connection with the adoption of ASU 2022-02, nonperforming loans as of June 30, 2023 include certain loans where terms were modified as a result of a borrower’s financial difficulty. Prior period amounts included nonperforming TDRs, for which accounting guidance was eliminated effective January 1, 2023. See Note 1 Accounting Policies and the Loan Modifications to Borrowers Experiencing Financial Difficulty section of this Note 3 for more information on our adoption of this ASU. (b) Excludes most unsecured consumer loans and lines of credit, which are charged off after 120 to 180 days past due and are not placed on nonperforming status. (c) Nonperforming loans for which there is no related ALLL totaled $0.8 billion at June 30, 2023 and primarily include loans with a fair value of collateral that exceeds the amortized cost basis. The comparable amount at December 31, 2022 was $0.7 billion.
Credit Quality Indicators By Loan Class	The following table presents credit quality indicators for our commercial loan classes: Table 43: Commercial Credit Quality Indicators (a) (b) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 15,699 $ 32,220 $ 8,328 $ 6,279 $ 4,694 $ 14,114 $ 88,198 $ 61 $ 169,593 Criticized 102 1,820 556 344 268 819 4,092 35 8,036 Total commercial and industrial loans $ 15,801 $ 34,040 $ 8,884 $ 6,623 $ 4,962 $ 14,933 $ 92,290 $ 96 $ 177,629 Gross charge-offs $ 10 (c) $ 9 $ 27 $ 6 $ 1 $ 14 $ 74 $ 8 $ 149 Commercial real estate Pass Rated $ 2,589 $ 9,428 $ 3,773 $ 2,513 $ 5,139 $ 8,571 $ 339 $ 32,352 Criticized 59 294 253 321 668 1,963 18 3,576 Total commercial real estate loans $ 2,648 $ 9,722 $ 4,026 $ 2,834 $ 5,807 $ 10,534 $ 357 $ 35,928 Gross charge-offs $ 12 $ 87 $ 99 Equipment lease financing Pass Rated $ 658 $ 1,673 $ 845 $ 819 $ 559 $ 1,567 $ 6,121 Criticized 30 64 50 53 37 45 279 Total equipment lease financing loans $ 688 $ 1,737 $ 895 $ 872 $ 596 $ 1,612 $ 6,400 Gross charge-offs $ 1 $ 1 $ 3 $ 1 $ 1 $ 7 Total commercial loans $ 19,137 $ 45,499 $ 13,805 $ 10,329 $ 11,365 $ 27,079 $ 92,647 $ 96 $ 219,957 Total commercial gross charge-offs $ 10 $ 10 $ 28 $ 9 $ 14 $ 102 $ 74 $ 8 $ 255 Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial and industrial Pass Rated $ 41,685 $ 12,493 $ 8,134 $ 6,261 $ 4,209 $ 13,165 $ 89,384 $ 69 $ 175,400 Criticized 1,259 423 277 299 297 551 3,682 31 6,819 Total commercial and industrial 42,944 12,916 8,411 6,560 4,506 13,716 93,066 100 182,219 Commercial real estate Pass Rated 8,835 4,153 3,266 5,511 3,005 7,454 450 32,674 Criticized 348 37 322 758 807 1,367 3 3,642 Total commercial real estate 9,183 4,190 3,588 6,269 3,812 8,821 453 36,316 Equipment lease financing Pass Rated 1,797 962 942 670 410 1,495 6,276 Criticized 60 55 56 39 17 11 238 Total equipment lease financing 1,857 1,017 998 709 427 1,506 6,514 Total commercial $ 53,984 $ 18,123 $ 12,997 $ 13,538 $ 8,745 $ 24,043 $ 93,519 $ 100 $ 225,049 (a) Loans in our commercial portfolio are classified as Pass Rated or Criticized based on the regulatory definitions, which are driven by the PD and LGD ratings that we assign. The Criticized classification includes loans that were rated special mention, substandard or doubtful as of June 30, 2023 and December 31, 2022. (b) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. (c) Includes charge-offs of deposit overdrafts. Residential Real Estate and Home Equity The following table presents credit quality indicators for our residential real estate and home equity loan classes: Table 44: Credit Quality Indicators for Residential Real Estate and Home Equity Loan Classes (a) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Residential real estate Current estimated LTV ratios Greater than 100% $ 22 $ 129 $ 122 $ 40 $ 11 $ 38 $ 362 Greater than or equal to 80% to 100% 1,191 4,612 1,441 249 79 127 7,699 Less than 80% 1,804 5,571 14,351 6,715 2,232 7,367 38,040 No LTV available 52 13 5 70 Government insured or guaranteed loans 4 16 17 69 38 519 663 Total residential real estate loans $ 3,073 $ 10,328 $ 15,944 $ 7,073 $ 2,360 $ 8,056 $ 46,834 Updated FICO scores Greater than or equal to 780 $ 1,570 $ 7,692 $ 12,519 $ 5,207 $ 1,565 $ 4,253 $ 32,806 720 to 779 1,090 2,033 2,508 1,172 446 1,500 8,749 660 to 719 201 511 691 338 162 786 2,689 Less than 660 81 63 114 110 90 710 1,168 No FICO score available 127 13 95 177 59 288 759 Government insured or guaranteed loans 4 16 17 69 38 519 663 Total residential real estate loans $ 3,073 $ 10,328 $ 15,944 $ 7,073 $ 2,360 $ 8,056 $ 46,834 Gross charge-offs $ 1 $ 1 $ 3 $ 5 Home equity Current estimated LTV ratios Greater than 100% $ 3 $ 15 $ 8 $ 16 $ 325 $ 292 $ 659 Greater than or equal to 80% to 100% 6 53 26 32 1,315 2,074 3,506 Less than 80% 163 1,963 895 2,819 6,937 9,258 22,035 Total home equity loans $ 172 $ 2,031 $ 929 $ 2,867 $ 8,577 $ 11,624 $ 26,200 Updated FICO scores Greater than or equal to 780 $ 110 $ 1,319 $ 522 $ 1,770 $ 4,854 $ 6,020 $ 14,595 720 to 779 39 467 230 554 2,230 3,109 6,629 660 to 719 18 188 123 295 1,168 1,656 3,448 Less than 660 5 55 53 239 313 780 1,445 No FICO score available 2 1 9 12 59 83 Total home equity loans $ 172 $ 2,031 $ 929 $ 2,867 $ 8,577 $ 11,624 $ 26,200 Gross charge-offs $ 2 $ 9 $ 11 (Continued from previous page) Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Loans Residential real estate Current estimated LTV ratios Greater than 100% $ 4 $ 52 $ 20 $ 10 $ 4 $ 41 $ 131 Greater than or equal to 80% to 100% 1,185 678 232 84 24 92 2,295 Less than 80% 9,396 15,844 7,074 2,346 822 7,220 42,702 No LTV available 61 3 4 68 Government insured or guaranteed loans 9 15 66 39 28 536 693 Total residential real estate $ 10,594 $ 16,650 $ 7,392 $ 2,482 $ 878 $ 7,893 $ 45,889 Updated FICO scores Greater than or equal to 780 $ 6,825 $ 12,596 $ 5,276 $ 1,623 $ 463 $ 4,027 $ 30,810 720 to 779 3,172 3,024 1,369 476 180 1,457 9,678 660 to 719 514 744 378 189 98 796 2,719 Less than 660 63 108 110 88 71 740 1,180 No FICO score available 11 163 193 67 38 337 809 Government insured or guaranteed loans 9 15 66 39 28 536 693 Total residential real estate $ 10,594 $ 16,650 $ 7,392 $ 2,482 $ 878 $ 7,893 $ 45,889 Home equity Current estimated LTV ratios Greater than 100% $ 4 $ 14 $ 9 $ 2 $ 15 $ 268 $ 137 $ 449 Greater than or equal to 80% to 100% 4 51 27 4 31 854 1,149 2,120 Less than 80% 172 2,078 961 285 2,851 7,780 9,287 23,414 Total home equity $ 180 $ 2,143 $ 997 $ 291 $ 2,897 $ 8,902 $ 10,573 $ 25,983 Updated FICO scores Greater than or equal to 780 $ 110 $ 1,357 $ 554 $ 155 $ 1,791 $ 5,093 $ 5,545 $ 14,605 720 to 779 47 515 248 64 567 2,305 2,843 6,589 660 to 719 19 211 140 42 288 1,146 1,449 3,295 Less than 660 4 57 54 29 242 342 671 1,399 No FICO score available 3 1 1 9 16 65 95 Total home equity $ 180 $ 2,143 $ 997 $ 291 $ 2,897 $ 8,902 $ 10,573 $ 25,983 (a) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. Automobile, Credit Card, Education and Other Consumer The following table presents credit quality indicators for our automobile, credit card, education and other consumer loan classes: Table 45: Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes (a) Term Loans by Origination Year June 30, 2023 In millions 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Automobile Updated FICO scores Greater than or equal to 780 $ 1,706 $ 1,907 $ 1,846 $ 728 $ 554 $ 180 $ 6,921 720 to 779 1,066 1,426 1,005 411 374 160 4,442 660 to 719 538 766 510 251 275 137 2,477 Less than 660 74 254 260 185 272 180 1,225 Total automobile loans $ 3,384 $ 4,353 $ 3,621 $ 1,575 $ 1,475 $ 657 $ 15,065 Gross charge-offs $ 10 $ 12 $ 9 $ 17 $ 13 $ 61 Credit card Updated FICO scores Greater than or equal to 780 $ 1,954 $ 1 $ 1,955 720 to 779 2,022 5 2,027 660 to 719 1,967 13 1,980 Less than 660 983 38 1,021 No FICO score available or required (b) 106 3 109 Total credit card loans $ 7,032 $ 60 $ 7,092 Gross charge-offs $ 141 $ 13 $ 154 Education Updated FICO scores Greater than or equal to 780 $ 15 $ 94 $ 50 $ 44 $ 56 $ 373 $ 632 720 to 779 14 51 26 22 27 147 287 660 to 719 6 16 7 7 8 59 103 Less than 660 1 3 1 1 2 23 31 No FICO score available or required (b) 4 6 5 5 2 1 23 Total loans using FICO credit metric 40 170 89 79 95 603 1,076 Other internal credit metrics 982 982 Total education loans $ 40 $ 170 $ 89 $ 79 $ 95 $ 1,585 $ 2,058 Gross charge-offs $ 1 $ 1 $ 7 $ 9 Other consumer Updated FICO scores Greater than or equal to 780 $ 136 $ 183 $ 69 $ 34 $ 27 $ 19 $ 41 $ 2 $ 511 720 to 779 186 224 85 41 35 19 82 1 673 660 to 719 70 166 80 45 39 19 88 2 509 Less than 660 5 49 39 26 25 14 42 2 202 Total loans using FICO credit metric 397 622 273 146 126 71 253 7 1,895 Other internal credit metrics 21 116 31 19 74 26 2,358 15 2,660 Total other consumer loans $ 418 $ 738 $ 304 $ 165 $ 200 $ 97 $ 2,611 $ 22 $ 4,555 Gross charge-offs $ 32 (c) $ 9 $ 10 $ 8 $ 9 $ 5 $ 6 $ 1 $ 80 (Continued from previous page) Term Loans by Origination Year December 31, 2022 In millions 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Converted to Term Total Loans Updated FICO Scores Automobile Greater than or equal to 780 $ 2,390 $ 2,162 $ 922 $ 760 $ 241 $ 75 $ 6,550 720 to 779 1,702 1,312 561 538 222 69 4,404 660 to 719 854 660 341 401 187 56 2,499 Less than 660 193 290 230 368 228 74 1,383 Total automobile $ 5,139 $ 4,424 $ 2,054 $ 2,067 $ 878 $ 274 $ 14,836 Credit card Greater than or equal to 780 $ 1,954 $ 2 $ 1,956 720 to 779 1,994 6 2,000 660 to 719 1,957 13 1,970 Less than 660 1,001 35 1,036 No FICO score available or required (b) 104 3 107 Total credit card $ 7,010 $ 59 $ 7,069 Education Greater than or equal to 780 $ 42 $ 53 $ 48 $ 61 $ 51 $ 357 $ 612 720 to 779 39 27 24 30 24 143 287 660 to 719 21 8 8 9 8 59 113 Less than 660 4 1 1 2 2 24 34 No FICO score available or required (b) 20 8 7 3 1 39 Education loans using FICO credit metric 126 97 88 105 85 584 1,085 Other internal credit metrics 1,088 1,088 Total education $ 126 $ 97 $ 88 $ 105 $ 85 $ 1,672 $ 2,173 Other consumer Greater than or equal to 780 $ 224 $ 97 $ 53 $ 46 $ 14 $ 18 $ 47 $ 2 $ 501 720 to 779 302 122 68 62 20 15 89 2 680 660 to 719 229 110 68 66 28 8 95 2 606 Less than 660 32 48 37 40 20 6 44 2 229 Other consumer loans using FICO credit metric 787 377 226 214 82 47 275 8 2,016 Other internal credit metrics 125 43 40 34 7 29 2,720 12 3,010 Total other consumer $ 912 $ 420 $ 266 $ 248 $ 89 $ 76 $ 2,995 $ 20 $ 5,026 (a) Gross charge-offs are presented on a year-to-date basis, as of the reporting date. (b) Loans with no FICO score available or required generally refers to new accounts issued to borrowers with limited credit history, accounts for which we cannot obtain an updated FICO score ( e.g. , recent profile changes), cards issued with a business name and/or cards secured by collateral. Management proactively assesses the risk and size of this loan category and, when necessary, takes actions to mitigate the credit risk.
Financing Receivable, Modified	The following table presents the amortized cost basis, as of June 30, 2023, of FDMs granted during the three and six months ended June 30, 2023: Table 46: Loan Modifications Granted to Borrowers Experiencing Financial Difficulty (a) Three months ended June 30, 2023 Dollars in millions Principal Forgiveness Interest Rate Reduction Term Extension Payment Delay Repayment Plan Interest Rate Reduction and Term Extension Other (b) Total % of Loan Class Commercial Commercial and industrial $ 366 $ 59 $ 87 $ 512 0.29 % Commercial real estate 228 60 288 0.80 % Total commercial 594 59 147 800 0.36 % Consumer Residential real estate $ 1 35 $ 1 2 39 0.08 % Home equity 3 2 5 10 0.04 % Credit card $ 18 18 0.25 % Education 1 1 0.05 % Other consumer 1 1 0.02 % Total consumer 1 1 38 19 3 7 69 0.07 % Total $ 1 $ 595 $ 97 $ 19 $ 3 $ 154 $ 869 0.27 % Six months ended June 30, 2023 Dollars in millions Commercial Commercial and industrial $ 1 $ 432 $ 72 $ 91 $ 596 0.34 % Commercial real estate 493 60 553 1.54 % Total commercial 1 925 72 151 1,149 0.52 % Consumer Residential real estate $ 1 72 $ 2 3 78 0.17 % Home equity 4 5 6 15 0.06 % Credit card $ 30 30 0.42 % Education 2 2 0.10 % Other consumer 1 1 0.02 % Total consumer 1 2 76 31 7 9 126 0.12 % Total $ 1 $ 1 $ 927 $ 148 $ 31 $ 7 $ 160 $ 1,275 0.40 % (a) At June 30, 2023, there were $0.1 billion of unfunded lending related commitments associated with FDMs. (b) Includes loans where we have received notification that a borrower has filed for Chapter 7 bankruptcy relief, but specific instructions as to the terms of the relief have not been formally ruled upon by the court. Amounts also include trial modifications. Table 47 presents the financial effect of FDMs granted during the three and six months ended June 30, 2023: Table 47: Financial Effect of FDMs (a) Three months ended June 30, 2023 Dollars in millions Total Principal Forgiveness Weighted-Average Interest Rate Reduction Weighted-Average Term Extension Weighted-Average Payment Delay Commercial Commercial and industrial 9 10 Commercial real estate 20 Consumer Residential real estate 1.17 % 123 8 Home equity 1.29 % 66 3 Education 19 Six months ended June 30, 2023 Dollars in millions Commercial Commercial and industrial $ 2 10 6 Commercial real estate 17 Consumer Residential real estate 1.34 % 111 8 Home equity 1.41 % 58 4 Education 17 (a) Excludes the financial effects of modifications for loans that were paid off, charged-off or otherwise liquidated as of period end. Table 48: Delinquency Status of FDMs (a) Six months ended June 30, 2023 Dollars in millions Current or Less Than 30 Days Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days Nonperforming Total Commercial Commercial and industrial $ 494 $ 4 $ 1 $ 97 $ 596 Commercial real estate 520 33 553 Total commercial 1,014 4 1 130 1,149 Consumer Residential real estate 1 77 78 Home equity 15 15 Credit card 20 $ 3 3 4 30 Education 2 2 Other consumer 1 1 Total consumer 23 3 3 4 93 126 Total $ 1,037 $ 3 $ 7 $ 5 $ 223 $ 1,275
Financial Impact and TDRs by Concession Type	Table 49 quantifies the number of loans that were classified as TDRs as well as the change in the loans’ balance as a result of becoming a TDR during the three and six months ended June 30, 2022. Additionally, the table provides information about the types of TDR concessions. See Note 1 Accounting Policies and Note 4 Loans and Related Allowance for Credit Losses in our 2022 Form 10-K for additional discussion of TDRs. Table 49: Financial Impact and TDRs by Concession Type (a) Pre-TDR Post-TDR Amortized Cost Basis (c) During the three months ended June 30, 2022 Dollars in millions Number Principal Rate Other Total Commercial 15 $ 35 $ 9 $ 22 $ 31 Consumer 3,025 50 $ 40 5 45 Total TDRs 3,040 $ 85 $ 9 $ 40 $ 27 $ 76 During the six months ended June 30, 2022 Dollars in millions Commercial 27 $ 88 $ 9 $ 68 $ 77 Consumer 5,920 86 $ 66 12 78 Total TDRs 5,947 $ 174 $ 9 $ 66 $ 80 $ 155 (a) Impact of partial charge-offs at TDR date is included in this table. (b) Represents the amortized cost basis of the loans as of the quarter end prior to TDR designation. (c) Represents the amortized cost basis of the TDRs as of the end of the quarter in which the TDR occurred.
Rollforward of Allowance for Credit Losses	We maintain the ACL related to loans at levels that we believe to be appropriate to absorb expected credit losses in the portfolios as of the balance sheet date. See Note 1 Accounting Policies for a discussion of the methodologies used to determine this allowance. A rollforward of the ACL related to loans follows: Table 50: Rollforward of Allowance for Credit Losses Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 In millions Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Commercial Consumer Total Allowance for loan and lease losses Beginning balance $ 3,046 $ 1,695 $ 4,741 $ 3,003 $ 1,555 $ 4,558 $ 3,114 $ 1,627 $ 4,741 $ 3,185 $ 1,683 $ 4,868 Adoption of ASU 2022-02 (a) (35) (35) Beginning balance, adjusted 3,046 1,695 4,741 3,003 1,555 4,558 3,114 1,592 4,706 3,185 1,683 4,868 Charge-offs (135) (158) (293) (37) (158) (195) (255) (320) (575) (89) (357) (446) Recoveries 36 63 99 19 93 112 61 125 186 53 173 226 Net (charge-offs) (99) (95) (194) (18) (65) (83) (194) (195) (389) (36) (184) (220) Provision for (recapture of) credit losses 195 (6) 189 (45) 35 (10) 220 198 418 (208) 26 (182) Other 1 1 (3) (3) 2 2 (4) (4) Ending balance $ 3,142 $ 1,595 $ 4,737 $ 2,937 $ 1,525 $ 4,462 $ 3,142 $ 1,595 $ 4,737 $ 2,937 $ 1,525 $ 4,462 Allowance for unfunded lending related commitments (b) Beginning balance $ 560 $ 112 $ 672 $ 587 $ 52 $ 639 $ 613 $ 81 $ 694 $ 564 $ 98 $ 662 Provision for (recapture of) credit losses (5) (4) (9) 43 (1) 42 (58) 27 (31) 66 (47) 19 Ending balance $ 555 $ 108 $ 663 $ 630 $ 51 $ 681 $ 555 $ 108 $ 663 $ 630 $ 51 $ 681 Allowance for credit losses at June 30 (c) $ 3,697 $ 1,703 $ 5,400 $ 3,567 $ 1,576 $ 5,143 $ 3,697 $ 1,703 $ 5,400 $ 3,567 $ 1,576 $ 5,143 (a) Represents the impact of adopting ASU 2022-02 on January 1, 2023. As a result of adoption, we eliminated the accounting guidance for TDRs, including the use of a discounted cash flow approach to measure the allowance for TDRs. (b) See Note 8 Commitments for additional information about the underlying commitments related to this allowance. (c) Represents the ALLL plus allowance for unfunded lending related commitments and excludes allowances for investment securities and other financial assets, which together totaled $171 million and $163 million at June 30, 2023 and 2022, respectively.

Loan Sale and Servicing Activ_2

Loan Sale and Servicing Activities and Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2023
Loan Sale and Servicing Activities and Variable Interest Entities [Abstract]
Loan Sale and Servicing Activities	The following table provides our loan sale and servicing activities: Table 51: Loan Sale and Servicing Activities In millions Residential Mortgages Commercial Mortgages (a) Cash Flows - Three months ended June 30, 2023 Sales of loans and related securitization activity (b) $ 655 $ 1,202 Repurchases of previously transferred loans (c) $ 22 Servicing fees (d) $ 127 $ 49 Servicing advances recovered/(funded), net $ 11 $ (15) Cash flows on mortgage-backed securities held (e) $ 695 $ 18 Cash Flows - Three months ended June 30, 2022 Sales of loans and related securitization activity (b) $ 1,454 $ 929 Repurchases of previously transferred loans (c) $ 57 Servicing fees (d) $ 91 $ 47 Servicing advances recovered/(funded), net $ 1 $ (17) Cash flows on mortgage-backed securities held (e) $ 1,029 $ 14 Cash Flows - Six months ended June 30, 2023 Sales of loans and related securitization activity (b) $ 1,171 $ 2,156 Repurchases of previously transferred loans (c) $ 51 $ 9 Servicing fees (d) $ 255 $ 95 Servicing advances recovered/(funded), net $ 39 $ (64) Cash flows on mortgage-backed securities held (e) $ 1,298 $ 30 Cash Flows - Six months ended June 30, 2022 Sales of loans and related securitization activity (b) $ 3,348 $ 1,839 Repurchases of previously transferred loans (c) $ 105 $ 27 Servicing fees (d) $ 184 $ 89 Servicing advances recovered/(funded), net $ 33 $ 4 Cash flows on mortgage-backed securities held (e) $ 2,325 $ 28 (a) Represents both commercial mortgage loan transfer and servicing activities. (b) Gains/losses recognized on sales of loans were insignificant for the periods presented. (c) Includes both residential and commercial mortgage government insured or guaranteed loans eligible for repurchase through the exercise of our ROAP option, as well as residential mortgage loans repurchased due to alleged breaches of origination covenants or representations and warranties made to purchasers. (d) Includes contractually specified servicing fees, late charges and ancillary fees.
Principal Balance, Delinquent Loans (Loans 90 Days or More Past Due), and Net Charge-Offs Related to Serviced Loans	Table 52: Principal Balance, Delinquent Loans and Net Charge-offs Related to Serviced Loans For Others In millions Residential Mortgages Commercial Mortgages (a) June 30, 2023 Total principal balance $ 39,893 $ 39,306 Delinquent loans (b) $ 317 December 31, 2022 Total principal balance $ 41,031 $ 57,974 Delinquent loans (b) $ 346 Three months ended June 30, 2022 (c) Net charge-offs (d) $ 1 $ 3 Six months ended June 30, 2023 Net charge-offs (d) $ 2 $ 4 Six months ended June 30, 2022 Net charge-offs (d) $ 2 $ 3 (a) Represents information at the securitization level in which we have sold loans and we are the servicer for the securitization. (b) Serviced delinquent loans are 90 days or more past due or are in process of foreclosure. (c) There were no net charge-offs for Residential or Commercial mortgages for the three months ended June 30, 2023. (d) Net charge-offs for Residential mortgages represent credit losses less recoveries distributed and as reported to investors during the period. Net charge-offs for commercial mortgages represent credit losses less recoveries distributed and as reported by the trustee for commercial mortgage-backed securitizations. Realized losses for Agency securitizations are not reflected as we do not manage the underlying real estate upon foreclosure and, as such, do not have access to loss information.
Non-Consolidated VIEs	The following table provides a summary of non-consolidated VIEs with which we have significant continuing involvement but are not the primary beneficiary. We have excluded certain transactions with non-consolidated VIEs from the balances presented in Table 53 where we have determined that our continuing involvement is insignificant. We do not consider our continuing involvement to be significant when it relates to a VIE where we only invest in securities issued by the VIE and were not involved in the design of the VIE or where no transfers have occurred between us and the VIE. In addition, where we only have lending arrangements in the normal course of business with entities that could be VIEs, we have excluded these transactions with non-consolidated entities from the balances presented in Table 53. These loans are included as part of the credit quality disclosures that we make in Note 3 Loans and Related Allowance for Credit Losses. Table 53: Non-Consolidated VIEs In millions PNC Risk of Loss (a) Carrying Value of Assets Carrying Value of Liabilities June 30, 2023 Mortgage-backed securitizations (b) $ 22,732 $ 22,735 (c) $ 1 Tax credit investments and other 4,424 4,263 (d) 2,047 (e) Total $ 27,156 $ 26,998 $ 2,048 December 31, 2022 Mortgage-backed securitizations (b) $ 22,666 $ 22,670 (c) $ 1 Tax credit investments and other 4,411 4,240 (d) 2,063 (e) Total $ 27,077 $ 26,910 $ 2,064 (a) Represents loans, investments and other assets related to non-consolidated VIEs, net of collateral (if applicable). The risk of loss excludes any potential tax recapture associated with tax credit investments. (b) Amounts reflect involvement with securitization SPEs where we transferred to and/or service loans for an SPE and we hold securities issued by that SPE. Values disclosed in the PNC Risk of Loss column represent our maximum exposure to loss for those securities’ holdings. (c) Included in Investment securities, Mortgage servicing rights and Other assets on our Consolidated Balance Sheet. (d) Included in Investment securities, Loans, Equity investments and Other assets on our Consolidated Balance Sheet. (e) Included in Deposits and Other liabilities on our Consolidated Balance Sheet.

Goodwill and Mortgage Servici_2

Goodwill and Mortgage Servicing Rights (Tables)	6 Months Ended
Goodwill and Mortgage Servicing Rights (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Mortgage Servicing Rights	Changes in the commercial and residential MSRs follow: Table 54: Mortgage Servicing Rights Commercial MSRs Residential MSRs In millions 2023 2022 2023 2022 January 1 $ 1,113 $ 740 $ 2,310 $ 1,078 Additions: From loans sold with servicing retained 32 35 10 38 Purchases 17 25 109 257 Changes in fair value due to: Time and payoffs (a) (164) (74) (113) (123) Other (b) 108 262 33 370 June 30 $ 1,106 $ 988 $ 2,349 $ 1,620 Related unpaid principal balance of loans serviced at June 30 $ 280,023 $ 281,671 $ 191,274 $ 144,533 Servicing advances at June 30 $ 485 $ 459 $ 126 $ 143 (a) Represents decrease in MSR value due to passage of time, including the impact from regularly scheduled loan principal payments, prepayments and loans that were paid off during the period. (b) Represents MSR value changes resulting primarily from market-driven changes in interest rates.
Commercial Mortgage Loan Servicing Assets - Key Valuation Assumptions	The following tables set forth the fair value of commercial and residential MSRs and the sensitivity analysis of the hypothetical effect on the fair value of MSRs to immediate adverse changes of 10% and 20% in those assumptions: Table 55: Commercial Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions June 30, 2023 December 31, 2022 Fair value $ 1,106 $ 1,113 Weighted-average life (years) 3.9 4.0 Weighted-average constant prepayment rate 4.38 % 4.28 % Decline in fair value from 10% adverse change $ 7 $ 8 Decline in fair value from 20% adverse change $ 14 $ 15 Effective discount rate 9.89 % 9.77 % Decline in fair value from 10% adverse change $ 33 $ 34 Decline in fair value from 20% adverse change $ 65 $ 68
Residential Mortgage Loan Servicing Assets - Key Valuation Assumptions	The following tables set forth the fair value of commercial and residential MSRs and the sensitivity analysis of the hypothetical effect on the fair value of MSRs to immediate adverse changes of 10% and 20% in those assumptions: Table 56: Residential Mortgage Servicing Rights – Key Valuation Assumptions Dollars in millions June 30, 2023 December 31, 2022 Fair value $ 2,349 $ 2,310 Weighted-average life (years) 7.8 8.0 Weighted-average constant prepayment rate 6.91 % 6.72 % Decline in fair value from 10% adverse change $ 56 $ 55 Decline in fair value from 20% adverse change $ 108 $ 107 Weighted-average option adjusted spread 767 bps 766 bps Decline in fair value from 10% adverse change $ 69 $ 69 Decline in fair value from 20% adverse change $ 135 $ 134

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2023
Leases [Abstract]
Components of Lease Income	Table 57: Lessor Income Three months ended Six months ended June 30 In millions 2023 2022 2023 2022 Sales-type and direct financing leases (a) $ 73 $ 57 $ 143 $ 116 Operating leases (b) 15 16 31 33 Lease income $ 88 $ 73 $ 174 $ 149 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Sales-type Lease, Lease Income	Table 57: Lessor Income Three months ended Six months ended June 30 In millions 2023 2022 2023 2022 Sales-type and direct financing leases (a) $ 73 $ 57 $ 143 $ 116 Operating leases (b) 15 16 31 33 Lease income $ 88 $ 73 $ 174 $ 149 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.
Direct Financing Lease, Lease Income	Table 57: Lessor Income Three months ended Six months ended June 30 In millions 2023 2022 2023 2022 Sales-type and direct financing leases (a) $ 73 $ 57 $ 143 $ 116 Operating leases (b) 15 16 31 33 Lease income $ 88 $ 73 $ 174 $ 149 (a) Included in Loans interest income on the Consolidated Income Statement. (b) Included in Lending and deposit services on the Consolidated Income Statement.

Borrowed Funds (Tables)

Borrowed Funds (Tables)	6 Months Ended
Borrowed Funds (Tables)	Jun. 30, 2023
Debt Disclosure [Abstract]
Total Borrowed Funds	The following table shows the carrying value of total borrowed funds at June 30, 2023 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity: Table 58: Borrowed Funds In millions Less than 1 year $ 7,487 1 to 2 years 26,319 2 to 3 years 11,611 3 to 4 years 3,492 4 to 5 years 1,805 Over 5 years 14,670 Total $ 65,384
Contractual Rates and Maturity Dates of Borrowings	The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of June 30, 2023, and the carrying values as of June 30, 2023 and December 31, 2022. Table 59: FHLB Borrowings, Senior Debt and Subordinated Debt Stated Rate Maturity Carrying Value Dollars in millions June 30, 2023 June 30, 2023 June 30, 2023 December 31, 2022 Parent Company Senior debt 1.15% - 6.04% 2024-2034 $ 17,480 $ 11,374 Subordinated debt 3.90% - 4.63% 2024-2033 1,526 1,524 Junior subordinated debt 6.07 % 2028 206 205 Total Parent Company 19,212 13,103 Bank Federal Home Loan Bank borrowings (a) 5.25% - 5.48% 2024-2026 34,000 32,075 Senior debt 2.50% - 5.88% 2024-2043 4,525 5,283 Subordinated debt 2.70% - 5.90% 2023-2029 3,816 4,578 Total Bank 42,341 41,936 Total $ 61,553 $ 55,039 (a) FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities.

Commitments (Tables)

Commitments (Tables)	6 Months Ended
Commitments (Tables)	Jun. 30, 2023
Commitments and Guarantees [Abstract]
Commitments to Extend Credit and Other Commitments	The following table presents our outstanding commitments to extend credit along with other commitments as of June 30, 2023 and December 31, 2022, respectively.Table 60: Commitments to Extend Credit and Other Commitments In millions June 30, 2023 December 31, 2022 Commitments to extend credit Commercial $ 196,185 $ 198,542 Home equity 23,939 22,783 Credit card 33,932 33,066 Other 7,849 7,337 Total commitments to extend credit 261,905 261,728 Net outstanding standby letters of credit (a) 10,157 10,575 Standby bond purchase agreements (b) 1,184 1,208 Other commitments (c) 3,322 3,661 Total commitments to extend credit and other commitments $ 276,568 $ 277,172 (a) Net outstanding standby letters of credit include $3.4 billion and $3.6 billion at June 30, 2023 and December 31, 2022, respectively, which support remarketing programs. (b) We enter into standby bond purchase agreements to support municipal bond obligations.

Total Equity and Other Compre_2

Total Equity and Other Comprehensive Income (Tables)	6 Months Ended
Total Equity and Other Comprehensive Income (Tables)	Jun. 30, 2023
Other Comprehensive Income [Abstract]
Rollforward of Total Equity	Activity in total equity for the three months ended June 30, 2023 and 2022 is as follows: Table 61: Rollforward of Total Equity Shareholders’ Equity In millions Shares Common Capital Capital Retained Accumulated Treasury Non- Total Equity Three months ended Balance at March 31, 2022 (a) 415 $ 2,713 $ 5,011 $ 12,476 $ 51,058 $ (5,731) $ (16,346) $ 35 $ 49,216 Net income 1,481 15 1,496 Other comprehensive income (loss), net of tax (2,627) (2,627) Cash dividends declared - Common (626) (626) Cash dividends declared - Preferred (71) (71) Preferred stock discount accretion 1 (1) Preferred stock issuance (b) 992 992 Common Stock activity 1 14 15 Treasury stock activity (4) 5 (730) (725) Other 32 (14) 18 Balance at June 30, 2022 (a) 411 $ 2,714 $ 6,004 $ 12,527 $ 51,841 $ (8,358) $ (17,076) $ 36 $ 47,688 Balance at March 31, 2023 (a) 399 $ 2,714 $ 7,235 $ 12,629 $ 54,598 $ (9,108) $ (19,024) $ 30 $ 49,074 Net income 1,483 17 1,500 Other comprehensive income (loss), net of tax (417) (417) Cash dividends declared - Common (606) (606) Cash dividends declared - Preferred (127) (127) Preferred stock discount accretion 2 (2) Common stock activity 1 16 17 Treasury stock activity (1) 3 (126) (123) Other 49 (21) 28 Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 Six months ended Balance at December 31, 2021 (a) 420 $ 2,713 $ 5,009 $ 12,448 $ 50,228 $ 409 $ (15,112) $ 31 $ 55,726 Net income 2,889 36 2,925 Other comprehensive income (loss), net of tax (8,767) (8,767) Cash dividends declared - Common (1,157) (1,157) Cash dividends declared - Preferred (116) (116) Preferred stock discount accretion 3 (3) Preferred stock issuance (b) 992 992 Common stock activity 1 14 15 Treasury stock activity (9) 50 (1,964) (1,914) Other 15 (31) (16) Balance at June 30, 2022 (a) 411 $ 2,714 $ 6,004 $ 12,527 $ 51,841 $ (8,358) $ (17,076) $ 36 $ 47,688 Balance at December 31, 2022 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,572 $ (10,172) $ (18,716) $ 38 $ 45,812 Cumulative effect of ASU adoptions (c) 26 26 Balance at January 1, 2023 (a) 401 $ 2,714 $ 5,746 $ 12,630 $ 53,598 $ (10,172) $ (18,716) $ 38 $ 45,838 Net income 3,160 34 3,194 Other comprehensive income (loss), net of tax 647 647 Cash dividends declared - Common (1,213) (1,213) Cash dividends declared - Preferred (195) (195) Preferred stock discount accretion 4 (4) Preferred stock issuance (d) 1,487 1,487 Common stock activity 1 16 17 Treasury stock activity (3) 73 (434) (361) Other (22) (46) (68) Balance at June 30, 2023 (a) 398 $ 2,715 $ 7,237 $ 12,697 $ 55,346 $ (9,525) $ (19,150) $ 26 $ 49,346 (a) The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation. (b) On April 26, 2022, PNC issued 1,000,000 depositary shares each representing 1/100th ownership in a share of 6.000% fixed-rate reset non-cumulative perpetual preferred stock, Series U, with a par value of $1 per share. (c) Represents the cumulative effect of adopting ASU 2022-02. (d) On February 7, 2023, PNC issued 1,500,000 depositary shares each representing 1/100th ownership in a share of 6.250% fixed-rate reset non-cumulative perpetual preferred stock, Series W, with a par value of $1 per share.
Other Comprehensive Income (Loss)	Details of other comprehensive income (loss) are as follows: Table 62: Other Comprehensive Income (Loss) Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 In millions Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Debt securities Net unrealized gains (losses) on securities $ (476) $ 112 $ (364) $ (2,929) $ 690 $ (2,239) $ 178 $ (42) $ 136 $ (9,247) $ 2,179 $ (7,068) Less: Net realized gains (losses) reclassified to (235) 55 (180) (214) 50 (164) (450) 106 (344) (217) 51 (166) Net change (241) 57 (184) (2,715) 640 (2,075) 628 (148) 480 (9,030) 2,128 (6,902) Cash flow hedge derivatives Net unrealized gains (losses) on cash flow hedge derivatives (689) 162 (527) (676) 159 (517) (492) 116 (376) (2,332) 549 (1,783) Less: Net realized gains (losses) reclassified to earnings (a) (373) 88 (285) 25 (6) 19 (703) 166 (537) 127 (30) 97 Net change (316) 74 (242) (701) 165 (536) 211 (50) 161 (2,459) 579 (1,880) Pension and other postretirement benefit plan adjustments Net pension and other postretirement benefit plan activity and other reclassified to earnings (b) 6 (1) 5 8 (2) 6 (4) 1 (3) 62 (15) 47 Net change 6 (1) 5 8 (2) 6 (4) 1 (3) 62 (15) 47 Other Net unrealized gains (losses) on other transactions 3 1 4 (4) (18) (22) 7 2 9 (7) (25) (32) Net change 3 1 4 (4) (18) (22) 7 2 9 (7) (25) (32) Total other comprehensive income (loss) $ (548) $ 131 $ (417) $ (3,412) $ 785 $ (2,627) $ 842 $ (195) $ 647 $ (11,434) $ 2,667 $ (8,767) (a) Reclassifications for pre-tax debt securities and cash flow hedges are recorded in Interest income and Noninterest income on the Consolidated Income Statement. (b) Reclassifications include amortization of actuarial losses (gains) and amortization of prior period services costs (credits) which are recorded in Noninterest expense on the Consolidated Income Statement.
Accumulated Other Comprehensive Income (Loss) Components	Table 63: Accumulated Other Comprehensive Income (Loss) Components In millions, after-tax Debt securities Cash flow hedge derivatives Pension and other postretirement benefit plan adjustments Other Total Three months ended Balance at March 31, 2022 $ (4,238) $ (1,545) $ 68 $ (16) $ (5,731) Net activity (2,075) (536) 6 (22) (2,627) Balance at June 30, 2022 (a) $ (6,313) $ (2,081) $ 74 $ (38) $ (8,358) Balance at March 31, 2023 $ (6,500) $ (2,302) $ (259) $ (47) $ (9,108) Net activity (184) (242) 5 4 (417) Balance at June 30, 2023 (a) $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525) Six months ended Balance at December 31, 2021 $ 589 $ (201) $ 27 $ (6) $ 409 Net activity (6,902) (1,880) 47 (32) (8,767) Balance at June 30, 2022 (a) $ (6,313) $ (2,081) $ 74 $ (38) $ (8,358) Balance at December 31, 2022 $ (7,164) $ (2,705) $ (251) $ (52) $ (10,172) Net activity 480 161 (3) 9 647 Balance at June 30, 2023 (a) $ (6,684) $ (2,544) $ (254) $ (43) $ (9,525)
Dividends Per Share	The following table provides the dividends per share for PNC’s common and preferred stock: Table 64: Dividends Per Share (a) Three months ended June 30 Six months ended June 30 2023 2022 2023 2022 Common Stock $ 1.50 $ 1.50 $ 3.00 $ 2.75 Preferred Stock Series B $ 0.45 $ 0.45 $ 0.90 $ 0.90 Series O $ 2,100 $ 987 $ 4,174 $ 1,961 Series P $ 1,532 $ 3,063 Series R $ 2,425 $ 2,425 $ 2,425 $ 2,425 Series S $ 2,500 $ 2,500 $ 2,500 $ 2,500 Series T $ 850 $ 850 $ 1,700 $ 1,700 Series U $ 1,500 $ 3,000 Series V $ 1,550 $ 3,100 Series W $ 2,222 $ 2,222 (a) Dividends are payable quarterly other than Series R and S preferred stock, which are payable semiannually.

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
Earnings per Share (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Common Share	Table 65: Basic and Diluted Earnings Per Common Share Three months ended June 30 Six months ended June 30 In millions, except per share data 2023 2022 2023 2022 Basic Net income $ 1,500 $ 1,496 $ 3,194 $ 2,925 Less: Net income attributable to noncontrolling interests 17 15 34 36 Preferred stock dividends 127 71 195 116 Preferred stock discount accretion and redemptions 2 1 4 3 Net income attributable to common shareholders 1,354 1,409 2,961 2,770 Less: Dividends and undistributed earnings allocated to nonvested restricted shares 7 7 15 13 Net income attributable to basic common shareholders $ 1,347 $ 1,402 $ 2,946 $ 2,757 Basic weighted-average common shares outstanding 401 414 401 417 Basic earnings per common share (a) $ 3.36 $ 3.39 $ 7.35 $ 6.62 Diluted Net income attributable to diluted common shareholders $ 1,347 $ 1,402 $ 2,946 $ 2,757 Basic weighted-average common shares outstanding 401 414 401 417 Dilutive potential common shares Diluted weighted-average common shares outstanding 401 414 401 417 Diluted earnings per common share (a) $ 3.36 $ 3.39 $ 7.34 $ 6.61 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
Fair Value (Tables)	Jun. 30, 2023
Fair Value [Abstract]
Fair Value Measurements - Recurring Basis Summary	The following table summarizes our assets and liabilities measured at fair value on a recurring basis, including instruments for which we have elected the fair value option. Table 66: Fair Value Measurements – Recurring Basis Summary June 30, 2023 December 31, 2022 In millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Residential mortgage loans held for sale $ 495 $ 191 $ 686 $ 411 $ 243 $ 654 Commercial mortgage loans held for sale 39 25 64 243 33 276 Securities available for sale U.S. Treasury and government agencies $ 6,874 236 7,110 $ 8,108 262 8,370 Residential mortgage-backed Agency 27,655 27,655 28,823 28,823 Non-agency 768 768 819 819 Commercial mortgage-backed Agency 1,593 1,593 1,675 1,675 Non-agency 944 3 947 1,253 3 1,256 Asset-backed 817 117 934 5 124 129 Other 2,726 54 2,780 3,032 55 3,087 Total securities available for sale 6,874 33,971 942 41,787 8,108 35,050 1,001 44,159 Loans 514 745 1,259 541 769 1,310 Equity investments (a) 807 1,623 2,610 1,173 1,778 3,147 Residential mortgage servicing rights 2,349 2,349 2,310 2,310 Commercial mortgage servicing rights 1,106 1,106 1,113 1,113 Trading securities (b) 570 1,999 2,569 798 1,168 1,966 Financial derivatives (b) (c) 2 3,212 6 3,220 16 3,747 5 3,768 Other assets 387 65 452 352 80 432 Total assets (d) $ 8,640 $ 40,295 $ 6,987 $ 56,102 $ 10,447 $ 41,240 $ 7,252 $ 59,135 Liabilities Other borrowed funds $ 1,139 $ 100 $ 5 $ 1,244 $ 1,230 $ 232 $ 4 $ 1,466 Financial derivatives (c) (e) 1 6,862 140 7,003 4 7,491 123 7,618 Other liabilities 239 239 294 294 Total liabilities (f) $ 1,140 $ 6,962 $ 384 $ 8,486 $ 1,234 $ 7,723 $ 421 $ 9,378 (a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. (b) Included in Other assets on the Consolidated Balance Sheet. (c) Amounts at June 30, 2023 and December 31, 2022 are presented gross and are not reduced by the impact of legally enforceable master netting agreements that allow us to net positive and negative positions and cash collateral held or placed with the same counterparty. See Note 12 Financial Derivatives for additional information related to derivative offsetting. (d) Total assets at fair value as a percentage of total consolidated assets was 10% and 11% as of June 30, 2023 and December 31, 2022, respectively. Level 3 assets as a percentage of total assets at fair value was 12% at both June 30, 2023 and December 31, 2022. Level 3 assets as a percentage of total consolidated assets was 1% at both June 30, 2023 and December 31, 2022. (e) Included in Other liabilities on the Consolidated Balance Sheet.
Reconciliation of Level 3 Assets and Liabilities	Reconciliations of assets and liabilities measured at fair value on a recurring basis using Level 3 inputs for the three and six months ended June 30, 2023 and 2022 are as follows: Table 67: Reconciliation of Level 3 Assets and Liabilities Three Months Ended June 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Value Mar. 31, 2023 Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 242 $ (4) $ 3 $ (41) $ (2) $ (7) (e) $ 191 $ (3) Commercial mortgage 32 1 (8) 25 Securities available for sale Residential mortgage- 787 4 $ 14 (37) 768 Commercial mortgage- backed non-agency 3 3 Asset-backed 121 1 (1) (4) 117 Other 53 3 (2) 54 Total securities 964 5 13 3 (43) 942 Loans 757 3 11 (1) (28) $ 8 (5) (e) 745 3 Equity investments 1,835 24 92 (328) 1,623 2 Residential mortgage 2,232 81 91 $ 5 (60) 2,349 80 Commercial mortgage 1,061 99 9 19 (82) 1,106 100 Financial derivatives 19 (10) 2 (5) 6 4 Total assets $ 7,142 $ 199 $ 13 $ 211 $ (370) $ 24 $ (228) $ 8 $ (12) $ 6,987 $ 186 Liabilities Other borrowed funds $ 5 $ 3 $ (3) $ 5 Financial derivatives 97 $ 79 $ 1 (37) 140 $ 80 Other liabilities 229 31 89 (110) 239 21 Total liabilities $ 331 $ 110 $ 1 $ 92 $ (150) $ 384 $ 101 Net gains (losses) $ 89 (f) $ 85 (g) (Continued from previous page) Three Months Ended June 30, 2022 Total realized / unrealized Unrealized gains/losses on assets and liabilities held on Consolidated Balance Sheet at June 30, 2022 (a) (c) Level 3 Instruments Only Fair Value Mar. 31, 2022 Included in Earnings Included in Other comprehensive income (b) Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value June 30, 2022 Assets Residential mortgage $ 108 $ (1) $ 8 $ (30) $ (4) $ 9 $ (7) (e) $ 83 $ (1) Commercial mortgage 45 (7) 38 Securities available for sale Residential mortgage- 1,019 7 $ (43) (58) 925 Commercial mortgage-backed non-agency 3 3 Asset-backed 152 1 (9) (6) 138 Other 66 (1) 2 67 Total securities 1,240 8 (53) 2 (64) 1,133 Loans 851 10 7 (1) (48) (15) (e) 804 9 Equity investments 1,751 92 87 (63) 1,867 94 Residential mortgage 1,322 163 181 $ 17 (63) 1,620 163 Commercial mortgage 886 111 17 14 (40) 988 111 Financial derivatives 10 7 2 (6) 13 13 Total assets $ 6,213 $ 390 $ (53) $ 304 $ (94) $ 31 $ (232) $ 9 $ (22) $ 6,546 $ 389 Liabilities Other borrowed funds $ 3 $ 2 $ (2) $ 3 Financial derivatives 234 $ 18 $ 3 (42) 213 $ 19 Other liabilities 158 14 171 (161) 182 10 Total liabilities $ 395 $ 32 $ 3 $ 173 $ (205) $ 398 $ 29 Net gains (losses) $ 358 (f) $ 360 (g) (Continued from previous page) Six Months Ended June 30, 2023 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Assets Residential mortgage $ 243 $ 9 $ (42) $ (7) $ 3 $ (15) (e) $ 191 $ 1 Commercial mortgage 33 (8) 25 Securities available for sale Residential mortgage- 819 $ 8 $ 4 (63) 768 Commercial mortgage- 3 3 Asset-backed 124 1 (8) 117 Other 55 (4) 3 (3) 3 54 Total securities 1,001 9 3 (74) 3 942 Loans 769 6 20 (1) (50) 15 (14) (e) 745 6 Equity investments 1,778 145 232 (398) (134) (d) 1,623 119 Residential mortgage 2,310 33 109 $ 10 (113) 2,349 33 Commercial mortgage 1,113 108 17 32 (164) 1,106 108 Financial derivatives 5 7 3 (9) 6 10 Total assets $ 7,252 $ 308 $ 393 $ (441) $ 42 $ (425) $ 21 $ (163) $ 6,987 $ 277 Liabilities Other borrowed funds $ 4 $ 6 $ (5) $ 5 Financial derivatives 123 $ 118 $ 3 (104) 140 $ 122 Other liabilities 294 55 107 (217) 239 42 Total liabilities $ 421 $ 173 $ 3 $ 113 $ (326) $ 384 $ 164 Net gains (losses) $ 135 (f) $ 113 (g) (Continued from previous page) Six Months Ended June 30, 2022 Total realized / unrealized Unrealized Level 3 Instruments Only Fair Included in Included Purchases Sales Issuances Settlements Transfers Transfers Fair Value June 30, 2022 Assets Residential mortgage $ 81 $ (2) $ 45 $ (32) $ (9) $ 14 $ (14) (e) $ 83 $ (2) Commercial mortgage 49 (4) (7) 38 (4) Other consumer loans held for sale Securities available for sale Residential mortgage- 1,097 15 $ (66) (121) 925 Commercial mortgage- 3 3 Asset-backed 163 1 (13) (13) 138 Other 69 (2) 3 (3) 67 Total securities 1,332 16 (81) 3 (137) 1,133 Loans 884 21 20 (8) (97) (16) (e) 804 21 Equity investments 1,680 145 116 (74) 1,867 146 Residential mortgage 1,078 370 257 $ 38 (123) 1,620 371 Commercial mortgage 740 262 25 35 (74) 988 262 Financial derivatives 38 (6) 3 (22) 13 12 Total assets $ 5,882 $ 802 $ (81) $ 469 $ (114) $ 73 $ (469) $ 14 $ (30) $ 6,546 $ 806 Liabilities Other borrowed funds $ 3 $ 4 $ (4) $ 3 Financial derivatives 285 $ 23 $ 6 (101) 213 $ 18 Other liabilities 175 21 242 (256) 182 15 Total liabilities $ 463 $ 44 $ 6 $ 246 $ (361) $ 398 $ 33 Net gains (losses) $ 758 (f) $ 773 (g) (a) Losses for assets are bracketed while losses for liabilities are not. (b) The difference in unrealized gains and losses for the period included in Other comprehensive income and changes in unrealized gains and losses for the period included in Other comprehensive income for securities available for sale held at the end of the reporting period were insignificant. (c) The amount of the total gains or losses for the period included in earnings that is attributable to the change in unrealized gains or losses related to those assets and liabilities held at the end of the reporting period. (d) Transfers out of Level 3 during the current period were due to valuation methodology changes for certain private company investments. See Note 1 Accounting Policies in our 2022 Form 10-K for more information on our accounting for private company investments. (e) Residential mortgage loan transfers out of Level 3 are primarily driven by residential mortgage loans transferring to OREO as well as reclassification of mortgage loans held for sale to held for investment. (f) Net gains (losses) realized and unrealized included in earnings related to Level 3 assets and liabilities included amortization and accretion. The amortization and accretion amounts were included in Interest income on the Consolidated Income Statement and the remaining net gains (losses) realized and unrealized were included in Noninterest income on the Consolidated Income Statement. (g) Net unrealized gains (losses) related to assets and liabilities held at the end of the reporting period were included in Noninterest income on the Consolidated Income Statement.
Fair Value Measurements - Recurring Quantitative Information	Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities follows: Table 68: Fair Value Measurements – Recurring Quantitative Information June 30, 2023 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 25 Discounted cash flow Spread over the benchmark curve (b) 590bps - 2,440bps (1,275bps) Residential mortgage-backed 768 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (4.7%) Constant default rate 0.0% - 12.0% (3.0%) Loss severity 15.0% - 83.3% (45.5%) Spread over the benchmark curve (b) 231bps weighted-average Asset-backed securities 117 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 40.0% (6.1%) Constant default rate 0.0% - 7.3% (2.0%) Loss severity 30.0% - 100.0% (50.6%) Spread over the benchmark curve (b) 285bps weighted-average Loans - Residential real estate - Uninsured 556 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (61.0%) Loss severity 0.0% - 100.0% (5.7%) Discount rate 5.5% - 7.5% (5.8%) Loans - Residential real estate 76 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 8.4% weighted-average Loans - Home equity - First-lien 21 Consensus pricing (c) Cumulative default rate 3.6% -100.0% (68.2%) Loss severity 0.0% - 100.0% (15.9%) Discount rate 5.5% - 7.5% (6.3%) Loans - Home equity 92 Consensus pricing (c) Credit and liquidity discount 0.4% - 100.0% (45.0%) Equity investments 1,623 Multiple of adjusted earnings Multiple of earnings 4.5x - 20.0x (9.3x) Residential mortgage servicing rights 2,349 Discounted cash flow Constant prepayment rate 0.0% - 41.9% (6.9%) Spread over the benchmark curve (b) 254bps - 1,652bps (767bps) Commercial mortgage servicing rights 1,106 Discounted cash flow Constant prepayment rate 4.0% - 11.1% (4.4%) Discount rate 6.7% - 10.3% (9.9%) Financial derivatives - Swaps related to (131) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 159.0% weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q4 2023 Insignificant Level 3 assets, net of 1 Total Level 3 assets, net of liabilities (e) $ 6,603 (Continued from previous page) December 31, 2022 Level 3 Instruments Only Fair Value Valuation Techniques Unobservable Inputs Range (Weighted-Average) (a) Commercial mortgage loans held for sale $ 33 Discounted cash flow Spread over the benchmark curve (b) 585bps - 2,465bps (959bps) Residential mortgage-backed 819 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 27.9% (9.9%) Constant default rate 0.0% - 13.0% (4.0%) Loss severity 15.0% - 80.0% (46.1%) Spread over the benchmark curve (b) 289bps weighted-average Asset-backed securities 124 Priced by a third-party vendor using a discounted cash flow pricing model Constant prepayment rate 1.0% - 40.0% (7.5%) Constant default rate 0.0% - 7.3% (2.1%) Loss severity 20.0% - 100.0% (49.0%) Spread over the benchmark curve (b) 296bps weighted-average Loans - Residential real estate - Uninsured 570 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (66.2%) Loss severity 0.0% - 100.0% (6.2%) Discount rate 5.5% - 7.5% (5.9%) Loans - Residential real estate 76 Discounted cash flow Loss severity 6.0% weighted-average Discount rate 7.9% weighted-average Loans - Home equity - First-lien 25 Consensus pricing (c) Cumulative default rate 3.6% - 100.0% (72.5%) Loss severity 0.0% - 100.0% (15.3%) Discount rate 5.5% - 7.5% (6.5%) Loans - Home equity 98 Consensus pricing (c) Credit and Liquidity discount 0.4% - 100.0% (46.2%) Equity investments 1,778 Multiple of adjusted earnings Multiple of earnings 4.5x - 25.0x (9.1x) Residential mortgage servicing rights 2,310 Discounted cash flow Constant prepayment rate 0.0% - 34.5% (6.7%) Spread over the benchmark curve (b) 254bps - 1,653bps (766bps) Commercial mortgage servicing rights 1,113 Discounted cash flow Constant prepayment rate 3.9% - 9.8% (4.3%) Discount rate 7.8% - 10.1% (9.8%) Financial derivatives - Swaps related to (107) Discounted cash flow Estimated conversion factor of Visa Class B shares into Class A shares 160.6% weighted-average Estimated annual growth rate of Visa Class A share price 16.0% Estimated litigation resolution date Q2 2023 Insignificant Level 3 assets, net of (8) Total Level 3 assets, net of liabilities (e) $ 6,831 (a) Unobservable inputs were weighted by the relative fair value of the instruments. (b) The assumed yield spread over the benchmark curve for each instrument is generally intended to incorporate non-interest rate risks, such as credit and liquidity risks. (c) Consensus pricing refers to fair value estimates that are generally internally developed using information such as dealer quotes or other third-party provided valuations or comparable asset prices. (d) Represents the aggregate amount of Level 3 assets and liabilities measured at fair value on a recurring basis that are individually and in the aggregate insignificant. The amount includes certain financial derivative assets and liabilities, trading securities, other securities, residential mortgage loans held for sale, other assets, other borrowed funds and other liabilities.
Fair Value Measurements - Nonrecurring	Assets measured at fair value on a nonrecurring basis follow: Table 69: Fair Value Measurements – Nonrecurring (a) (b) (c) Fair Value Gains (Losses) Gains (Losses) In millions June 30 December 31 June 30 June 30 June 30 June 30 Assets Nonaccrual loans $ 373 $ 280 $ (99) $ (19) $ (174) $ (28) Equity investments 87 135 (5) 1 (8) OREO and foreclosed assets 8 10 (1) Long-lived assets 435 23 (10) (3) (15) (5) Total assets $ 903 $ 448 $ (114) $ (21) $ (198) $ (33) (a) All Level 3 for the periods presented, except for $22 million and $42 million included in Equity investments which were categorized as Level 1 as of June 30, 2023 and December 31, 2022, respectively. (b) Valuation techniques applied were fair value of property or collateral. (c) Unobservable inputs used were appraised value/sales price, broker opinions or projected income/required improvement costs. Additional quantitative information was not meaningful for the periods presented.
Fair Value Option - Fair Value and Principal Balances	Fair values and aggregate unpaid principal balances of items for which we elected the fair value option are as follows: Table 70: Fair Value Option – Fair Value and Principal Balances June 30, 2023 December 31, 2022 In millions Fair Value Aggregate Unpaid Difference Fair Value Aggregate Unpaid Difference Assets Residential mortgage loans held for sale Accruing loans less than 90 days past due $ 651 $ 671 $ (20) $ 609 $ 633 $ (24) Accruing loans 90 days or more past due 2 2 5 5 Nonaccrual loans 33 40 (7) 40 49 (9) Total $ 686 $ 713 $ (27) $ 654 $ 687 $ (33) Commercial mortgage loans held for sale (a) Accruing loans less than 90 days past due $ 49 $ 51 $ (2) $ 261 $ 256 $ 5 Nonaccrual loans 15 44 (29) 15 44 (29) Total $ 64 $ 95 $ (31) $ 276 $ 300 $ (24) Loans Accruing loans less than 90 days past due $ 510 $ 523 $ (13) $ 509 $ 521 $ (12) Accruing loans 90 days or more past due 132 143 (11) 155 167 (12) Nonaccrual loans 617 841 (224) 646 880 (234) Total $ 1,259 $ 1,507 $ (248) $ 1,310 $ 1,568 $ (258) Other assets $ 64 $ 65 $ (1) $ 80 $ 80 Liabilities Other borrowed funds $ 32 $ 33 $ (1) $ 31 $ 32 $ (1) Other liabilities $ 127 $ 127 $ 196 $ 196
Fair Value Option - Changes in Fair Value	The changes in fair value for items for which we elected the fair value option are as follows: Table 71: Fair Value Option – Changes in Fair Value (a) Gains (Losses) Gains (Losses) Three months ended Six months ended June 30 June 30 June 30 June 30 In millions 2023 2022 2023 2022 Assets Residential mortgage loans held for sale $ 2 $ (23) $ 17 $ (63) Commercial mortgage loans held for sale $ 22 $ 14 $ 23 $ 20 Loans $ 5 $ 15 $ 9 $ 36 Other assets $ 2 $ (11) $ (12) $ (18) Liabilities Other liabilities $ (21) $ (10) $ (41) $ (16) (a) The impact on earnings of offsetting hedged items or hedging instruments is not reflected in these amounts.
Additional Fair Value Information Related to Other Financial Instruments	The following table presents the carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of all other financial instruments that are not recorded on our Consolidated Balance Sheet at fair value as of June 30, 2023 and December 31, 2022. For more information regarding the methods and assumptions used to estimate the fair values of financial instruments included in Table 72, see Note 15 Fair Value in our 2022 Form 10-K. Table 72: Additional Fair Value Information Related to Other Financial Instruments Carrying Fair Value In millions Amount Total Level 1 Level 2 Level 3 June 30, 2023 Assets Cash and due from banks $ 6,191 $ 6,191 $ 6,191 Interest-earning deposits with banks 38,259 38,259 $ 38,259 Securities held to maturity 93,879 88,896 30,939 57,808 $ 149 Net loans (excludes leases) 309,365 301,597 301,597 Other assets 5,971 5,971 5,958 13 Total assets $ 453,665 $ 440,914 $ 37,130 $ 102,025 $ 301,759 Liabilities Time deposits $ 22,864 $ 22,696 $ 22,696 Borrowed funds 64,060 64,278 62,441 $ 1,837 Unfunded lending related commitments 663 663 663 Other liabilities 948 948 948 Total liabilities $ 88,535 $ 88,585 $ 86,085 $ 2,500 December 31, 2022 Assets Cash and due from banks $ 7,043 $ 7,043 $ 7,043 Interest-earning deposits with banks 27,320 27,320 $ 27,320 Securities held to maturity 95,183 90,279 30,748 59,377 $ 154 Net loans (excludes leases) 313,460 310,864 310,864 Other assets 6,022 6,022 6,020 2 Total assets $ 449,028 $ 441,528 $ 37,791 $ 92,717 $ 311,020 Liabilities Time deposits $ 18,470 $ 18,298 $ 18,298 Borrowed funds 57,182 57,557 55,922 $ 1,635 Unfunded lending related commitments 694 694 694 Other liabilities 660 660 660 Total liabilities $ 77,006 $ 77,209 $ 74,880 $ 2,329

Financial Derivatives (Tables)

Financial Derivatives (Tables)	6 Months Ended
Financial Derivatives (Tables)	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Total Gross Derivatives	Table 73 presents the notional and gross fair value amounts of all derivative assets and liabilities held by us. During the second quarter, in anticipation of LIBOR’s cessation on June 30, 2023, LIBOR-indexed interest-rate swap contracts with central clearing counterparties were subject to a conversion process whereby an individual LIBOR swap contract was exchanged for a SOFR replacement swap contract, along with one or more overlay swap contracts replicating the final LIBOR cash flows on the original swap contract. The swap contracts exchanged were substantially economically equivalent. Conversion-related valuation differences were settled in cash on the conversion dates and were not material. The SOFR replacement and overlay swaps are considered separate contracts, and the overlay swaps will result in a gross-up of the notional amounts presented until those swaps mature upon settlement of the final LIBOR payment. The majority of overlay swaps will mature in the third quarter of 2023. Table 73: Total Gross Derivatives (a) June 30, 2023 December 31, 2022 In millions Notional / Asset Fair Liability Fair Notional / Asset Fair Liability Fair Derivatives used for hedging Interest rate contracts (d): Fair value hedges (e) $ 48,088 $ 24,231 Cash flow hedges (e) 86,922 $ 3 40,310 $ 1 Foreign exchange contracts: Net investment hedges 1,101 22 1,120 $ 24 Total derivatives designated for hedging $ 136,111 $ 25 $ 65,661 $ 24 $ 1 Derivatives not used for hedging Derivatives used for mortgage banking activities (f): Interest rate contracts: Swaps (g) $ 73,477 $ 1 $ 47,908 $ 7 $ 1 Futures (h) 8,026 5,537 Mortgage-backed commitments 5,277 $ 68 63 4,516 85 89 Other 12,561 65 12 18,017 90 14 Total interest rate contracts 99,341 133 76 75,978 182 104 Derivatives used for customer-related activities: Interest rate contracts: Swaps (g) 811,705 1,798 5,501 354,150 1,597 5,397 Futures (h) 72 32 Mortgage-backed commitments 3,531 11 5 2,799 10 6 Other 28,779 314 292 29,071 334 321 Total interest rate contracts 844,087 2,123 5,798 386,052 1,941 5,724 Commodity contracts: Swaps 6,084 525 552 5,792 1,003 1,067 Other 3,251 97 97 4,488 205 202 Total commodity contracts 9,335 622 649 10,280 1,208 1,269 Foreign exchange contracts and other 30,426 308 256 30,512 366 293 Total derivatives for customer-related activities 883,848 3,053 6,703 426,844 3,515 7,286 Derivatives used for other risk management activities: Foreign exchange contracts and other 21,875 34 199 12,785 47 227 Total derivatives not designated for hedging $ 1,005,064 $ 3,220 $ 6,978 $ 515,607 $ 3,744 $ 7,617 Total gross derivatives $ 1,141,175 $ 3,220 $ 7,003 $ 581,268 $ 3,768 $ 7,618 Less: Impact of legally enforceable master netting agreements 1,303 1,303 1,523 1,523 Less: Cash collateral received/paid 1,134 1,135 714 1,571 Total derivatives $ 783 $ 4,565 $ 1,531 $ 4,524 (a) Centrally cleared derivatives are settled in cash daily and result in no derivative asset or derivative liability being recognized on our Consolidated Balance Sheet . (b) Included in Other assets on our Consolidated Balance Sheet. (c) Included in Other liabilities on our Consolidated Balance Sheet. (d) Represents primarily swaps. (e) At June 30, 2023, the gross-up of the notional amounts due to overlay swap contracts for fair value and cash flow hedges were $18.8 billion and $47.0 billion, respectively. (f) Includes both residential and commercial mortgage banking activities. (g) At June 30, 2023, the gross-up of the notional amounts due to overlay swap contracts used for mortgage banking and customer-related activities were $26.0 billion and $423.0 billion, respectively.
Schedule of Fair Value and Cash Flow Hedges	Further detail regarding gains (losses) related to our fair value and cash flow hedge derivatives is presented in the following table: Table 74: Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement (a) (b) Location and Amount of Gains (Losses) Recognized in Income Interest Income Interest Expense Noninterest Income In millions Loans Investment Securities Borrowed Funds Other For the three months ended June 30, 2023 Total amounts in the Consolidated Income Statement $ 4,523 $ 883 $ 903 $ 129 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (48) $ 432 Derivatives $ 50 $ (439) Amounts related to interest settlements on derivatives $ 7 $ (147) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (365) $ (8) For the three months ended June 30, 2022 Total amounts in the Consolidated Income Statement $ 2,504 $ 631 $ 142 $ 177 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (28) $ 443 Derivatives $ 30 $ (451) Amounts related to interest settlements on derivatives $ (2) $ 74 Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ 25 For the six months ended June 30, 2023 Total amounts on the Consolidated Income Statement $ 8,781 $ 1,768 $ 1,686 $ 387 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (1) $ 135 Derivatives $ 5 $ (148) Amounts related to interest settlements on derivatives $ 12 $ (260) Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ (690) $ (13) For the six months ended June 30, 2022 Total amounts on the Consolidated Income Statement $ 4,797 $ 1,175 $ 225 $ 388 Gains (losses) on fair value hedges recognized on: Hedged items (c) $ (46) $ 1,377 Derivatives $ 49 $ (1,395) Amounts related to interest settlements on derivatives $ (3) $ 184 Gains (losses) on cash flow hedges (d): Amount of derivative gains (losses) reclassified from accumulated $ 117 $ 10 (a) For all periods presented, there were no components of derivative gains or losses excluded from the assessment of hedge effectiveness for any of the fair value or cash flow hedge strategies. (b) All cash flow and fair value hedge derivatives were interest rate contracts for the periods presented. (c) Includes an insignificant amount of fair value hedge adjustments related to discontinued hedge relationships.
Schedule of Fair Value Hedges	Detail regarding the impact of fair value hedge accounting on the carrying value of the hedged items is presented in the following table: Table 75: Hedged Items - Fair Value Hedges June 30, 2023 December 31, 2022 In millions Carrying Value of the Hedged Items Cumulative Fair Carrying Value of the Hedged Items Cumulative Fair Value Investment securities - available for sale (b) $ 1,915 $ (124) $ 2,376 $ (121) Borrowed funds $ 26,360 $ (1,417) $ 21,781 $ (1,283) (a) Includes less than $(0.1) billion of fair value hedge adjustments primarily related to discontinued borrowed funds hedge relationships at both June 30, 2023 and December 31, 2022. (b) Carrying value shown represents amortized cost.
Gains (Losses) on Derivatives Not Designated as Hedging Instruments under GAAP	Further detail regarding the gains (losses) on derivatives not designated in hedging relationships is presented in the following table: Table 76: Gains (Losses) on Derivatives Not Designated for Hedging Three months ended Six months ended In millions 2023 2022 2023 2022 Derivatives used for mortgage banking activities: Interest rate contracts (a) $ (184) $ (190) $ (77) $ (455) Derivatives used for customer-related activities: Interest rate contracts 33 69 35 166 Foreign exchange contracts and other 58 (20) 114 24 Gains from customer-related activities (b) 91 49 149 190 Derivatives used for other risk management activities: Foreign exchange contracts and other (b) (137) 216 (214) 263 Total gains (losses) from derivatives not designated as hedging instruments $ (230) $ 75 $ (142) $ (2) (a) Included in Residential and commercial mortgage noninterest income on our Consolidated Income Statement. (b) Included in Capital markets and advisory and Other noninterest income on our Consolidated Income Statement.
Derivative Assets And Liabilities Offsetting	Table 77: Derivative Assets and Liabilities Offsetting In millions Amounts Offset on the Securities Collateral Held/Pledged Under Master Netting Agreements Gross Fair Value Cash Net Net Amounts June 30, 2023 Derivative assets Interest rate contracts: Over-the-counter cleared $ 26 $ 26 $ 26 Over-the-counter 2,230 $ 846 $ 911 473 $ 75 398 Commodity contracts 622 337 104 181 181 Foreign exchange and other contracts 342 120 119 103 103 Total derivative assets $ 3,220 $ 1,303 $ 1,134 $ 783 (a) $ 75 $ 708 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 19 $ 19 $ 19 Over-the-counter 5,858 $ 633 $ 1,104 4,121 $ 75 4,046 Commodity contracts 649 497 23 129 129 Foreign exchange and other contracts 477 173 8 296 296 Total derivative liabilities $ 7,003 $ 1,303 $ 1,135 $ 4,565 (b) $ 75 $ 4,490 December 31, 2022 Derivative assets Interest rate contracts: Over-the-counter cleared $ 23 $ 23 $ 23 Over-the-counter 2,100 $ 974 $ 630 496 $ 34 462 Commodity contracts 1,208 335 2 871 871 Foreign exchange and other contracts 437 214 82 141 141 Total derivative assets $ 3,768 $ 1,523 $ 714 $ 1,531 (a) $ 34 $ 1,497 Derivative liabilities Interest rate contracts: Over-the-counter cleared $ 28 $ 28 $ 28 Over-the-counter 5,801 $ 625 $ 1,041 4,135 $ 78 4,057 Commodity contracts 1,269 679 520 70 4 66 Foreign exchange and other contracts 520 219 10 291 291 Total derivative liabilities $ 7,618 $ 1,523 $ 1,571 $ 4,524 (b) $ 82 $ 4,442 (a) Represents the net amount of derivative assets included in Other assets on our Consolidated Balance Sheet. (b) Represents the net amount of derivative liabilities included in Other liabilities on our Consolidated Balance Sheet.
Credit-Risk Contingent Features	Table 78: Credit-Risk Contingent Features In billions June 30, 2023 December 31, 2022 Net derivative liabilities with credit-risk contingent features $ 5.4 $ 5.8 Collateral posted 1.2 1.7 Maximum additional amount of collateral exposure $ 4.2 $ 4.1

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
Segment Reporting (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
Results of Businesses	Table 79: Results of Businesses Three months ended June 30 Retail Banking Corporate & Asset Other Consolidated (a) 2023 Income Statement Net interest income $ 2,448 $ 1,349 $ 125 $ (412) $ 3,510 Noninterest income 702 821 228 32 1,783 Total revenue 3,150 2,170 353 (380) 5,293 Provision for (recapture of) credit losses (14) 209 (10) (39) 146 Depreciation and amortization 81 53 7 143 284 Other noninterest expense 1,823 868 273 124 3,088 Income (loss) before income taxes (benefit) and noncontrolling interests 1,260 1,040 83 (608) 1,775 Income taxes (benefit) 295 218 20 (258) 275 Net income (loss) 965 822 63 (350) 1,500 Less: Net income attributable to noncontrolling interests 11 5 1 17 Net income (loss) excluding noncontrolling interests $ 954 $ 817 $ 63 $ (351) $ 1,483 Average Assets $ 114,826 $ 234,174 $ 15,562 $ 190,945 $ 555,507 2022 Income Statement Net interest income $ 1,662 $ 1,232 $ 153 $ 4 $ 3,051 Noninterest income 748 968 234 115 2,065 Total revenue 2,410 2,200 387 119 5,116 Provision for (recapture of) credit losses 55 (17) 5 (7) 36 Depreciation and amortization 83 51 8 147 289 Other noninterest expense 1,830 883 262 (20) 2,955 Income (loss) before income taxes (benefit) and noncontrolling interests 442 1,283 112 (1) 1,836 Income taxes (benefit) 105 277 26 (68) 340 Net income 337 1,006 86 67 1,496 Less: Net income (loss) attributable to noncontrolling interests 15 3 (3) 15 Net income excluding noncontrolling interests $ 322 $ 1,003 $ 86 $ 70 $ 1,481 Average Assets $ 113,068 $ 219,513 $ 14,449 $ 199,848 $ 546,878 (Continued from previous page) Six months ended June 30 Retail Corporate & Asset Other Consolidated (a) 2023 Income Statement Net interest income $ 4,729 $ 2,732 $ 252 $ (618) $ 7,095 Noninterest income 1,445 1,707 458 191 3,801 Total revenue 6,174 4,439 710 (427) 10,896 Provision for (recapture of) credit losses 224 181 (1) (23) 381 Depreciation and amortization 159 107 13 286 565 Other noninterest expense 3,672 1,753 547 156 6,128 Income (loss) before income taxes (benefit) and noncontrolling interests 2,119 2,398 151 (846) 3,822 Income taxes (benefit) 497 512 36 (417) 628 Net income (loss) 1,622 1,886 115 (429) 3,194 Less: Net income (loss) attributable to noncontrolling interests 21 10 3 34 Net income (loss) excluding noncontrolling interests $ 1,601 $ 1,876 $ 115 $ (432) $ 3,160 Average Assets $ 115,103 $ 234,354 $ 15,282 $ 194,162 $ 558,901 2022 Income Statement Net interest income $ 3,193 $ 2,375 $ 291 $ (4) $ 5,855 Noninterest income 1,493 1,772 482 206 3,953 Total revenue 4,686 4,147 773 202 9,808 Provision for (recapture of) credit losses (26) (135) 7 (18) (172) Depreciation and amortization 157 103 14 292 566 Other noninterest expense 3,648 1,668 507 27 5,850 Income (loss) before income taxes (benefit) and noncontrolling interests 907 2,511 245 (99) 3,564 Income taxes (benefit) 214 545 57 (177) 639 Net income 693 1,966 188 78 2,925 Less: Net income (loss) attributable to noncontrolling interests 31 7 (2) 36 Net income excluding noncontrolling interests $ 662 $ 1,959 $ 188 $ 80 $ 2,889 Average Assets $ 112,415 $ 210,171 $ 14,126 $ 212,415 $ 549,127 (a) There were no material intersegment revenues for the three and six months ended June 30, 2023 and 2022.

Fee-Based Revenue from Contra_2

Fee-Based Revenue from Contracts with Customers (Tables)	6 Months Ended
Fee-Based Revenue from Contracts with Customers (Tables)	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income	Table 80 presents the noninterest income recognized within the scope of Topic 606 for each of our three reportable business segments’ principal products and services, along with the relationship to the noninterest income revenue streams shown on our Consolidated Income Statement. For a description of the fee-based revenue and how it is recognized for each segment’s principal products and services, see Note 24 Fee-based Revenue from Contracts with Customers in our 2022 Form 10-K. Table 80: Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income Three Months Ended Three Months Ended Retail Banking Corporate & Asset Management Group Retail Banking Corporate & Asset Management Group Asset management and brokerage Asset management fees $ 222 $ 228 Brokerage fees $ 124 2 $ 135 2 Total asset management and brokerage 124 224 135 230 Card and cash management Treasury management fees 11 $ 345 10 $ 327 Debit card fees 178 177 Net credit card fees (a) 61 63 Merchant services 45 19 52 14 Other 25 27 Total card and cash management 320 364 329 341 Lending and deposit services Deposit account fees 151 145 Other 18 8 17 9 Total lending and deposit services 169 8 162 9 Residential and commercial mortgage (b) 40 33 Capital markets and advisory 130 272 Other 14 9 Total in-scope noninterest income 613 556 224 626 664 230 Out-of-scope noninterest income (c) 89 265 4 122 304 4 Noninterest income by business segment $ 702 $ 821 $ 228 $ 748 $ 968 $ 234 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 1,393 $ 1,520 Out-of-scope business segment noninterest income (c) 358 430 Noninterest income from other segments 32 115 Noninterest income as shown on the Consolidated Income Statement $ 1,783 $ 2,065 (Continued from previous page) Six Months Ended Six Months Ended Retail Banking Corporate & Asset Retail Banking Corporate & Asset Asset management and brokerage Asset management fees $ 446 $ 469 Brokerage fees $ 254 4 $ 269 4 Total asset management and brokerage 254 450 269 473 Card and cash management Treasury management fees 21 $ 673 19 $ 629 Debit card fees 343 338 Net credit card fees (a) 119 118 Merchant services 84 38 93 31 Other 49 50 Total card and cash management 616 711 618 660 Lending and deposit services Deposit account fees 306 287 Other 36 16 34 17 Total lending and deposit services 342 16 321 17 Residential and commercial mortgage (b) 82 64 Capital markets and advisory 286 409 Other 22 22 Total in-scope noninterest income 1,212 1,117 450 1,208 1,172 473 Out-of-scope noninterest income (c) 233 590 8 285 600 9 Noninterest income by business segment $ 1,445 $ 1,707 $ 458 $ 1,493 $ 1,772 $ 482 Reconciliation to consolidated noninterest income Total in-scope business segment noninterest income $ 2,779 $ 2,853 Out-of-scope business segment noninterest income (c) 831 894 Noninterest income from other segments 191 206 Noninterest income as shown on the Consolidated Income Statement $ 3,801 $ 3,953 (a) Net credit card fees consists of interchange fees of $173 million and $172 million and credit card reward costs of $112 million and $109 million for the three months ended June 30, 2023 and 2022, respectively. Net credit card fees consists of interchange fees of $333 million and $320 million and credit card reward costs of $214 million and $202 million for the six months ended June 30, 2023 and 2022, respectively. (b) Residential mortgage noninterest income falls under the scope of other accounting and disclosure requirements outside of Topic 606 and is included within the out-of-scope noninterest income line for the Retail Banking segment.

Accounting Policies (Details)

Accounting Policies (Details)	6 Months Ended
Accounting Policies (Details)	Jun. 30, 2023 country
Accounting Policies [Abstract]
Number of countries outside the US where strategic international offices are held	4

Investment Securities (Summary)

Investment Securities (Summary) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	$ 46,017	$ 48,568
Securities available for sale debt securities, unrealized gains	214	225
Securities available for sale debt securities, unrealized losses	(4,444)	(4,634)
Securities available for sale debt securities, fair value	41,787	44,159
Held to maturity securities, amortized cost	93,874	95,175
Held-to-maturity securities, unrealized gains	98	115
Held-to-maturity securities, unrealized losses	(5,076)	(5,011)
Held-to-maturity securities, fair value	88,896	90,279
Accrued interest, held-to-maturity	288	282
Accrued interest, available-for-sale	143	$ 144
Net unrealized losses, related to securities transferred at fair value to held to maturity at a point in time	$ 4,700
Fitch, AAA OR AA Rating \| Credit Concentration Risk \| Investments
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Concentration risk, percentage	97%	97%
U.S. Treasury and government agencies
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	$ 7,863	$ 9,196
Securities available for sale debt securities, unrealized gains	7	10
Securities available for sale debt securities, unrealized losses	(760)	(836)
Securities available for sale debt securities, fair value	7,110	8,370
Held to maturity securities, amortized cost	36,985	36,571
Held-to-maturity securities, unrealized gains	3	6
Held-to-maturity securities, unrealized losses	(1,695)	(1,617)
Held-to-maturity securities, fair value	35,293	34,960
Residential mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	30,867	32,114
Securities available for sale debt securities, unrealized gains	6	13
Securities available for sale debt securities, unrealized losses	(3,218)	(3,304)
Securities available for sale debt securities, fair value	27,655	28,823
Held to maturity securities, amortized cost	44,278	45,271
Held-to-maturity securities, unrealized gains	60	74
Held-to-maturity securities, unrealized losses	(3,119)	(3,095)
Held-to-maturity securities, fair value	41,219	42,250
Residential mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	642	697
Securities available for sale debt securities, unrealized gains	133	131
Securities available for sale debt securities, unrealized losses	(7)	(9)
Securities available for sale debt securities, fair value	768	819
Held to maturity securities, amortized cost	269	276
Held-to-maturity securities, unrealized gains
Held-to-maturity securities, unrealized losses	(22)	(21)
Held-to-maturity securities, fair value	247	255
Commercial mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	1,759	1,845
Securities available for sale debt securities, unrealized gains	1
Securities available for sale debt securities, unrealized losses	(167)	(170)
Securities available for sale debt securities, fair value	1,593	1,675
Held to maturity securities, amortized cost	839	848
Held-to-maturity securities, unrealized gains	3	4
Held-to-maturity securities, unrealized losses	(30)	(26)
Held-to-maturity securities, fair value	812	826
Commercial mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	1,014	1,325
Securities available for sale debt securities, unrealized gains
Securities available for sale debt securities, unrealized losses	(67)	(69)
Securities available for sale debt securities, fair value	947	1,256
Held to maturity securities, amortized cost	1,549	1,667
Held-to-maturity securities, unrealized gains
Held-to-maturity securities, unrealized losses	(38)	(40)
Held-to-maturity securities, fair value	1,511	1,627
Debt securities, available for sale, amortized cost	141	142
Debt securities, held to maturity, amortized cost	7	7
Asset-backed
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	910	103
Securities available for sale debt securities, unrealized gains	28	27
Securities available for sale debt securities, unrealized losses	(4)	(1)
Securities available for sale debt securities, fair value	934	129
Held to maturity securities, amortized cost	6,645	7,188
Held-to-maturity securities, unrealized gains	5	6
Held-to-maturity securities, unrealized losses	(112)	(140)
Held-to-maturity securities, fair value	6,538	7,054
Other
Debt Securities, Available-for-sale and Held-to-maturity [Abstract]
Securities available for sale debt securities, amortized cost	2,962	3,288
Securities available for sale debt securities, unrealized gains	39	44
Securities available for sale debt securities, unrealized losses	(221)	(245)
Securities available for sale debt securities, fair value	2,780	3,087
Held to maturity securities, amortized cost	3,309	3,354
Held-to-maturity securities, unrealized gains	27	25
Held-to-maturity securities, unrealized losses	(60)	(72)
Held-to-maturity securities, fair value	$ 3,276	$ 3,307

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Schedule of Investments [Line Items]
Net unsettled investment purchases	$ 200		$ 400
Investment securities, allowance for credit loss	148	$ 149
Pretax loss included in AOCI from derivatives	(301)		$ (141)
Federal National Mortgage Association Certificates and Obligations (FNMA)
Schedule of Investments [Line Items]
Debt securities amortized cost amount of debt securities exceeds 10 percent of shareholders equity	38,500
Fair value of debt securities of a single issuer that exceeds 10 percent of shareholders equity	35,300
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans
Schedule of Investments [Line Items]
Debt securities amortized cost amount of debt securities exceeds 10 percent of shareholders equity	32,400
Fair value of debt securities of a single issuer that exceeds 10 percent of shareholders equity	$ 30,000

Investment Securities (Gross Un

Investment Securities (Gross Unrealized Loss and Fair Value of Securities Available for Sale Without an Allowance for Credit Losses) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	$ (72)	$ (2,616)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	4,087	28,467
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(4,327)	(1,973)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	35,077	13,111
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(4,399)	(4,589)
Debt securities, available-for-sale, unrealized loss position, fair value	39,164	41,578
U.S. Treasury and government agencies
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(9)	(601)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	898	5,868
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(751)	(235)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	5,983	2,208
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(760)	(836)
Debt securities, available-for-sale, unrealized loss position, fair value	6,881	8,076
Residential mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(51)	(1,744)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	2,309	19,036
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(3,167)	(1,560)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	24,700	8,971
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(3,218)	(3,304)
Debt securities, available-for-sale, unrealized loss position, fair value	27,009	28,007
Residential mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(1)	(6)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	46	112
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(6)	(2)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	67	17
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(7)	(8)
Debt securities, available-for-sale, unrealized loss position, fair value	113	129
Commercial mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(2)	(125)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	89	1,283
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(165)	(45)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	1,485	372
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(167)	(170)
Debt securities, available-for-sale, unrealized loss position, fair value	1,574	1,655
Commercial mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss		(44)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value		750
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(57)	(18)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	808	394
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(57)	(62)
Debt securities, available-for-sale, unrealized loss position, fair value	808	1,144
Asset-backed
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(3)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	502
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(1)	(1)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	12	5
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(4)	(1)
Debt securities, available-for-sale, unrealized loss position, fair value	514	5
Other
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months, unrealized loss	(6)	(96)
Debt securities, available-for-sale, continuous unrealized loss position, less than 12 months - fair value	243	1,418
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, unrealized loss	(180)	(112)
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer - fair value	2,022	1,144
Debt securities, available-for-sale, unrealized loss position, accumulated loss	(186)	(208)
Debt securities, available-for-sale, unrealized loss position, fair value	$ 2,265	$ 2,562

Investment Securities (Gains (L

Investment Securities (Gains (Losses) on Sales of Securities Available for Sale) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Gross Gains		$ 11
Gross Losses	(2)	(15)
Net Gains (Losses)	(2)	(4)
Tax Expense (Benefit)		$ (1)

Investment Securities (Contract

Investment Securities (Contractual Maturity of Securities) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Securities [Line Items]
Available for sale securities, amortized cost, 1 year or less	$ 1,587
Available for sale securities, amortized cost, after 1 year through 5 years	5,837
Available for sale securities, amortized cost, after 5 years through 10 years	7,013
Available for sale securities, amortized cost, after 10 years	31,580
Securities available for sale debt securities, amortized cost	46,017	$ 48,568
Available-for-sale securities, fair value, 1 year or less	1,550
Available-for-sale securities, fair value, after 1 year through 5 years	5,460
Available-for-sale securities, fair value, after 5 years through 10 years	6,385
Available-for-sale securities, fair value, after 10 years	28,392
Available-for-sale securities, fair value	$ 41,787	44,159
Weighted-average yield, GAAP basis, available for sale securities	2.75%
Held to maturity securities, amortized cost, 1 year or less	$ 2,359
Held to maturity securities, amortized cost, after 1 year through 5 years	34,930
Held to maturity securities, amortized cost, after 5 years through 10 years	5,792
Held to maturity securities, amortized cost, after 10 years	50,793
Held to maturity securities, amortized cost	93,874	95,175
Held-to-maturity securities, fair value, 1 year or less	2,330
Held-to-maturity securities, fair value, after 1 year through 5 years	33,471
Held-to-maturity securities, fair value, after 5 years through 10 years	5,526
Held-to-maturity securities, fair value, after 10 years	47,569
Held-to-maturity securities, fair value	$ 88,896	$ 90,279
Weighted-average yield, GAAP basis, held to maturity securities	2.36%
1 Year or Less
Debt Securities [Line Items]
Weighted-average yield, GAAP basis, available for sale securities	2.01%
Weighted-average yield, GAAP basis, held to maturity securities	1.30%
After 1 Year through 5 Years
Debt Securities [Line Items]
Weighted-average yield, GAAP basis, available for sale securities	2.17%
Weighted-average yield, GAAP basis, held to maturity securities	1.39%
After 5 Years through 10 Years
Debt Securities [Line Items]
Weighted-average yield, GAAP basis, available for sale securities	2.39%
Weighted-average yield, GAAP basis, held to maturity securities	3.65%
After 10 Years
Debt Securities [Line Items]
Weighted-average yield, GAAP basis, available for sale securities	2.98%
Weighted-average yield, GAAP basis, held to maturity securities	2.93%
U.S. Treasury and government agencies
Debt Securities [Line Items]
Available for sale securities, amortized cost, 1 year or less	$ 1,230
Available for sale securities, amortized cost, after 1 year through 5 years	2,918
Available for sale securities, amortized cost, after 5 years through 10 years	1,724
Available for sale securities, amortized cost, after 10 years	1,991
Securities available for sale debt securities, amortized cost	7,863
Held to maturity securities, amortized cost, 1 year or less	2,075
Held to maturity securities, amortized cost, after 1 year through 5 years	31,522
Held to maturity securities, amortized cost, after 5 years through 10 years	2,477
Held to maturity securities, amortized cost, after 10 years	911
Held to maturity securities, amortized cost	36,985
Residential mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities [Line Items]
Available for sale securities, amortized cost, 1 year or less	1
Available for sale securities, amortized cost, after 1 year through 5 years	134
Available for sale securities, amortized cost, after 5 years through 10 years	3,675
Available for sale securities, amortized cost, after 10 years	27,057
Securities available for sale debt securities, amortized cost	30,867
Held to maturity securities, amortized cost, after 1 year through 5 years	7
Held to maturity securities, amortized cost, after 5 years through 10 years	333
Held to maturity securities, amortized cost, after 10 years	43,938
Held to maturity securities, amortized cost	44,278
Residential mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities [Line Items]
Available for sale securities, amortized cost, after 5 years through 10 years	8
Available for sale securities, amortized cost, after 10 years	634
Securities available for sale debt securities, amortized cost	642
Held to maturity securities, amortized cost, after 10 years	269
Held to maturity securities, amortized cost	269
Commercial mortgage-backed \| Mortgage-backed Securities Agency
Debt Securities [Line Items]
Available for sale securities, amortized cost, 1 year or less	49
Available for sale securities, amortized cost, after 1 year through 5 years	409
Available for sale securities, amortized cost, after 5 years through 10 years	905
Available for sale securities, amortized cost, after 10 years	396
Securities available for sale debt securities, amortized cost	1,759
Held to maturity securities, amortized cost, after 1 year through 5 years	133
Held to maturity securities, amortized cost, after 5 years through 10 years	430
Held to maturity securities, amortized cost, after 10 years	276
Held to maturity securities, amortized cost	839
Commercial mortgage-backed \| Mortgage-backed Securities Non-agency
Debt Securities [Line Items]
Available for sale securities, amortized cost, after 1 year through 5 years	119
Available for sale securities, amortized cost, after 5 years through 10 years	100
Available for sale securities, amortized cost, after 10 years	795
Securities available for sale debt securities, amortized cost	1,014
Held to maturity securities, amortized cost, 1 year or less	43
Held to maturity securities, amortized cost, after 1 year through 5 years	49
Held to maturity securities, amortized cost, after 10 years	1,457
Held to maturity securities, amortized cost	1,549
Asset-backed
Debt Securities [Line Items]
Available for sale securities, amortized cost, after 1 year through 5 years	249
Available for sale securities, amortized cost, after 5 years through 10 years	106
Available for sale securities, amortized cost, after 10 years	555
Securities available for sale debt securities, amortized cost	910
Held to maturity securities, amortized cost, 1 year or less	11
Held to maturity securities, amortized cost, after 1 year through 5 years	2,103
Held to maturity securities, amortized cost, after 5 years through 10 years	1,949
Held to maturity securities, amortized cost, after 10 years	2,582
Held to maturity securities, amortized cost	6,645
Other
Debt Securities [Line Items]
Available for sale securities, amortized cost, 1 year or less	307
Available for sale securities, amortized cost, after 1 year through 5 years	2,008
Available for sale securities, amortized cost, after 5 years through 10 years	495
Available for sale securities, amortized cost, after 10 years	152
Securities available for sale debt securities, amortized cost	2,962
Held to maturity securities, amortized cost, 1 year or less	230
Held to maturity securities, amortized cost, after 1 year through 5 years	1,116
Held to maturity securities, amortized cost, after 5 years through 10 years	603
Held to maturity securities, amortized cost, after 10 years	1,360
Held to maturity securities, amortized cost	$ 3,309

Investment Securities (Fair Val

Investment Securities (Fair Value of Securities Pledged and Accepted as Collateral) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Permitted by contract or custom to sell or repledge	$ 1,160	$ 1,266
Permitted amount repledged to others	1,160	1,266
Asset Pledged as Collateral
Summary of Investment Holdings [Line Items]
Debt securities, pledged to others	$ 27,347	$ 24,708

Loans and Related Allowance f_3

Loans and Related Allowance for Credit Losses (Narrative) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) portfolio_segment	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) portfolio_segment	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Number of portfolio segments \| portfolio_segment	2		2
Financing Receivable, After Allowance for Credit Loss	$ 317,024		$ 317,024		$ 321,284
Subsequently defaulted TDRs	46	$ 20	48	$ 27
Allowance for credit loss	5,400	$ 5,143	$ 5,400	$ 5,143	5,400
Short-Term Repayment Plan
Weighted average interest rate reduction			4.99%
Short-Term Repayment Plan \| Minimum
Repayment plan term			6 months
Minimum payment percentage			1.90%
Short-Term Repayment Plan \| Maximum
Repayment plan term			12 months
Fully-amortized Repayment Plans
Repayment plan term			60 months
Weighted average interest rate reduction			4.99%
Fully-amortized Repayment Plans \| Minimum
Minimum payment percentage			1.90%
Federal Reserve Bank \| Asset Pledged as Collateral without Right
Financing Receivable, After Allowance for Credit Loss	48,300		$ 48,300		28,100
Federal Home Loan Bank \| Asset Pledged as Collateral without Right
Financing Receivable, After Allowance for Credit Loss	$ 92,500		$ 92,500		$ 90,400

Loans and Related Allowance f_4

Loans and Related Allowance for Credit Losses (Analysis of Loan Portfolio) (Details) - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Total loans	[1]	$ 321,761	$ 326,025
Percentage of total loans, past due		100%	100%
Accrued interest on loan portfolio		$ 1,300	$ 1,200
Unearned income, unamortized deferred fees and costs on originated loans, and premiums or discounts on purchased loans		800	900
Collateral Dependent
Financing Receivable, Past Due [Line Items]
Total loans		1,200	1,300
Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 1,212	$ 1,490
Percentage of total loans, past due		0.38%	0.46%
Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 318,019	$ 321,904
Percentage of total loans, past due		98.84%	98.73%
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 555	$ 747
Percentage of total loans, past due		0.17%	0.23%
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 238	$ 261
Percentage of total loans, past due		0.07%	0.08%
90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		$ 419	$ 482
Percentage of total loans, past due		0.13%	0.15%
Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		$ 1,913	$ 1,985
Percentage of total loans, past due		0.59%	0.61%
Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		$ 617	$ 646
Percentage of total loans, nonaccrual, past due		0.19%	0.20%
Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		$ 219,957	$ 225,049
Total commercial \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		252	380
Total commercial \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		218,878	223,811
Total commercial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		88	208
Total commercial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		52	35
Total commercial \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		112	137
Total commercial \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		827	858
Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		101,804	100,976
Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		960	1,110
Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		99,141	98,093
Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		467	539
Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		186	226
Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		307	345
Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		1,086	1,127
Total consumer \| Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		617	646
Commercial and industrial \| Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		177,629	182,219
Commercial and industrial \| Total commercial \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		223	333
Commercial and industrial \| Total commercial \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		176,936	181,223
Commercial and industrial \| Total commercial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		64	169
Commercial and industrial \| Total commercial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		47	27
Commercial and industrial \| Total commercial \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		112	137
Commercial and industrial \| Total commercial \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		470	663
Commercial real estate \| Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		35,928	36,316
Commercial real estate \| Total commercial \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		10	23
Commercial real estate \| Total commercial \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		35,568	36,104
Commercial real estate \| Total commercial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		10	19
Commercial real estate \| Total commercial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans			4
Commercial real estate \| Total commercial \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans
Commercial real estate \| Total commercial \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		350	189
Equipment lease financing \| Total commercial
Financing Receivable, Past Due [Line Items]
Total loans		6,400	6,514
Equipment lease financing \| Total commercial \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		19	24
Equipment lease financing \| Total commercial \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		6,374	6,484
Equipment lease financing \| Total commercial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		14	20
Equipment lease financing \| Total commercial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		5	4
Equipment lease financing \| Total commercial \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		7	6
Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans		46,834	45,889
Residential real estate \| Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		663	693
Residential real estate \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		46,834	45,889
Residential real estate \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		488	592
Residential real estate \| Total consumer \| Financial Asset, Past Due \| Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		300	300
Residential real estate \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		45,374	44,306
Residential real estate \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		228	281
Residential real estate \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		86	112
Residential real estate \| Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		174	199
Residential real estate \| Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		429	424
Residential real estate \| Total consumer \| Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		543	567
Home equity
Financing Receivable, Past Due [Line Items]
Total loans		26,200	25,983
Home equity \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		26,200	25,983
Home equity \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		74	73
Home equity \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		25,546	25,305
Home equity \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		56	53
Home equity \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		18	20
Home equity \| Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		506	526
Home equity \| Total consumer \| Fair Value Option Nonaccrual Loans
Financing Receivable, Past Due [Line Items]
Nonaccrual loans		74	79
Automobile \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		15,065	14,836
Automobile \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		109	138
Automobile \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		14,823	14,543
Automobile \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		84	106
Automobile \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		20	25
Automobile \| Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		5	7
Automobile \| Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		133	155
Credit card \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		7,092	7,069
Credit card \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		156	155
Credit card \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		6,926	6,906
Credit card \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		49	50
Credit card \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		36	35
Credit card \| Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		71	70
Credit card \| Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		10	8
Education
Financing Receivable, Past Due [Line Items]
Total loans		2,058	2,173
Education \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		2,058	2,173
Education \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		98	115
Education \| Total consumer \| Financial Asset, Past Due \| Government insured or guaranteed loans
Financing Receivable, Past Due [Line Items]
Total loans		100	100
Education \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		1,960	2,058
Education \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		33	34
Education \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		17	22
Education \| Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		48	59
Other consumer
Financing Receivable, Past Due [Line Items]
Total loans		4,555	5,026
Other consumer \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans		4,555	5,026
Other consumer \| Total consumer \| Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total loans		35	37
Other consumer \| Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		4,512	4,975
Other consumer \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		17	15
Other consumer \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans		9	12
Other consumer \| Total consumer \| 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total loans		9	10
Other consumer \| Total consumer \| Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Total loans		$ 8	$ 14

[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.

Loans and Related Allowance f_5

Loans and Related Allowance for Credit Losses (Nonperforming Assets) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Nonperforming loans, without allowance for credit losses	$ 800	$ 700
Nonperforming Loans
Nonperforming loans	1,913	1,985
OREO and foreclosed assets	36	34
Total nonperforming assets	$ 1,949	$ 2,019
Nonperforming loans to total loans	0.59%	0.61%
Nonperforming assets to total loans, OREO and foreclosed assets	0.61%	0.62%
Nonperforming assets to total assets	0.35%	0.36%
Total commercial \| Nonperforming Loans
Nonperforming loans	$ 827	$ 858
Total consumer \| Nonperforming Loans
Nonperforming loans	$ 1,086	$ 1,127
Unsecured Consumer Loans \| Minimum
Threshold period of financing receivable past due, writeoff	120 days
Unsecured Consumer Loans \| Maximum
Threshold period of financing receivable past due, writeoff	180 days

Loans and Related Allowance f_6

Loans and Related Allowance for Credit Losses (Commercial Lending Asset Quality Indicators) (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,761	$ 326,025
Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		19,137	53,984
Year two		45,499	18,123
Year three		13,805	12,997
Year four		10,329	13,538
Year five		11,365	8,745
Prior		27,079	24,043
Revolving Loans		92,647	93,519
Revolving Loans Converted to Term		96	100
Total loans, net		219,957	225,049
Gross charge-offs
Year one		10
Year two		10
Year three		28
Year four		9
Year five		14
Prior		102
Revolving Loans		74
Revolving Loans Converted to Term		8
Total		255
Commercial \| Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		15,801	42,944
Year two		34,040	12,916
Year three		8,884	8,411
Year four		6,623	6,560
Year five		4,962	4,506
Prior		14,933	13,716
Revolving Loans		92,290	93,066
Revolving Loans Converted to Term		96	100
Total loans, net		177,629	182,219
Gross charge-offs
Year one		10
Year two		9
Year three		27
Year four		6
Year five		1
Prior		14
Revolving Loans		74
Revolving Loans Converted to Term		8
Total		149
Commercial \| Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		2,648	9,183
Year two		9,722	4,190
Year three		4,026	3,588
Year four		2,834	6,269
Year five		5,807	3,812
Prior		10,534	8,821
Revolving Loans		357	453
Total loans, net		35,928	36,316
Gross charge-offs
Year five		12
Prior		87
Total		99
Commercial \| Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		688	1,857
Year two		1,737	1,017
Year three		895	998
Year four		872	709
Year five		596	427
Prior		1,612	1,506
Total loans, net		6,400	6,514
Gross charge-offs
Year two		1
Year three		1
Year four		3
Year five		1
Prior		1
Total		7
Pass Rated \| Commercial \| Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		15,699	41,685
Year two		32,220	12,493
Year three		8,328	8,134
Year four		6,279	6,261
Year five		4,694	4,209
Prior		14,114	13,165
Revolving Loans		88,198	89,384
Revolving Loans Converted to Term		61	69
Total loans, net		169,593	175,400
Pass Rated \| Commercial \| Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		2,589	8,835
Year two		9,428	4,153
Year three		3,773	3,266
Year four		2,513	5,511
Year five		5,139	3,005
Prior		8,571	7,454
Revolving Loans		339	450
Total loans, net		32,352	32,674
Pass Rated \| Commercial \| Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		658	1,797
Year two		1,673	962
Year three		845	942
Year four		819	670
Year five		559	410
Prior		1,567	1,495
Total loans, net		6,121	6,276
Criticized \| Commercial \| Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		102	1,259
Year two		1,820	423
Year three		556	277
Year four		344	299
Year five		268	297
Prior		819	551
Revolving Loans		4,092	3,682
Revolving Loans Converted to Term		35	31
Total loans, net		8,036	6,819
Criticized \| Commercial \| Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		59	348
Year two		294	37
Year three		253	322
Year four		321	758
Year five		668	807
Prior		1,963	1,367
Revolving Loans		18	3
Total loans, net		3,576	3,642
Criticized \| Commercial \| Equipment lease financing
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		30	60
Year two		64	55
Year three		50	56
Year four		53	39
Year five		37	17
Prior		45	11
Total loans, net		$ 279	$ 238

[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.

Loans and Related Allowance f_7

Loans and Related Allowance for Credit Losses (Home Equity and Residential Real Estate Credit Quality Indicators) (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,761	$ 326,025
Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		3,073	10,594
Year two		10,328	16,650
Year three		15,944	7,392
Year four		7,073	2,482
Year five		2,360	878
Prior		8,056	7,893
Total loans, net		46,834	45,889
Gross charge-offs
Year two		1
Year four		1
Prior		3
Total		5
Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			180
Year three		172	2,143
Year four		2,031	997
Year five		929	291
Prior		2,867	2,897
Revolving Loans		8,577	8,902
Revolving Loans Converted to Term		11,624	10,573
Total loans, net		26,200	25,983
Gross charge-offs
Prior		2
Revolving Loans
Revolving Loans Converted to Term		9
Total		11
Greater than or equal to 780 \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,570	6,825
Year two		7,692	12,596
Year three		12,519	5,276
Year four		5,207	1,623
Year five		1,565	463
Prior		4,253	4,027
Total loans, net		32,806	30,810
Greater than or equal to 780 \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			110
Year three		110	1,357
Year four		1,319	554
Year five		522	155
Prior		1,770	1,791
Revolving Loans		4,854	5,093
Revolving Loans Converted to Term		6,020	5,545
Total loans, net		14,595	14,605
720 to 779 \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,090	3,172
Year two		2,033	3,024
Year three		2,508	1,369
Year four		1,172	476
Year five		446	180
Prior		1,500	1,457
Total loans, net		8,749	9,678
720 to 779 \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			47
Year three		39	515
Year four		467	248
Year five		230	64
Prior		554	567
Revolving Loans		2,230	2,305
Revolving Loans Converted to Term		3,109	2,843
Total loans, net		6,629	6,589
660 to 719 \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		201	514
Year two		511	744
Year three		691	378
Year four		338	189
Year five		162	98
Prior		786	796
Total loans, net		2,689	2,719
660 to 719 \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			19
Year three		18	211
Year four		188	140
Year five		123	42
Prior		295	288
Revolving Loans		1,168	1,146
Revolving Loans Converted to Term		1,656	1,449
Total loans, net		3,448	3,295
Less than 660 \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		81	63
Year two		63	108
Year three		114	110
Year four		110	88
Year five		90	71
Prior		710	740
Total loans, net		1,168	1,180
Less than 660 \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			4
Year three		5	57
Year four		55	54
Year five		53	29
Prior		239	242
Revolving Loans		313	342
Revolving Loans Converted to Term		780	671
Total loans, net		1,445	1,399
No FICO score available \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		127	11
Year two		13	163
Year three		95	193
Year four		177	67
Year five		59	38
Prior		288	337
Total loans, net		759	809
No FICO score available \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year three			3
Year four		2	1
Year five		1	1
Prior		9	9
Revolving Loans		12	16
Revolving Loans Converted to Term		59	65
Total loans, net		83	95
Government insured or guaranteed loans \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		4	9
Year two		16	15
Year three		17	66
Year four		69	39
Year five		38	28
Prior		519	536
Total loans, net		663	693
Greater than 100% \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		22	4
Year two		129	52
Year three		122	20
Year four		40	10
Year five		11	4
Prior		38	41
Total loans, net		362	131
Greater than 100% \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			4
Year three		3	14
Year four		15	9
Year five		8	2
Prior		16	15
Revolving Loans		325	268
Revolving Loans Converted to Term		292	137
Total loans, net		659	449
Greater than or equal to 80% to 100% \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,191	1,185
Year two		4,612	678
Year three		1,441	232
Year four		249	84
Year five		79	24
Prior		127	92
Total loans, net		7,699	2,295
Greater than or equal to 80% to 100% \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			4
Year three		6	51
Year four		53	27
Year five		26	4
Prior		32	31
Revolving Loans		1,315	854
Revolving Loans Converted to Term		2,074	1,149
Total loans, net		3,506	2,120
Less than 80% \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,804	9,396
Year two		5,571	15,844
Year three		14,351	7,074
Year four		6,715	2,346
Year five		2,232	822
Prior		7,367	7,220
Total loans, net		38,040	42,702
Less than 80% \| Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year two			172
Year three		163	2,078
Year four		1,963	961
Year five		895	285
Prior		2,819	2,851
Revolving Loans		6,937	7,780
Revolving Loans Converted to Term		9,258	9,287
Total loans, net		22,035	23,414
No LTV available \| Residential real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		52
Year two			61
Year three		13
Year four			3
Prior		5	4
Total loans, net		$ 70	$ 68

[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.

Loans and Related Allowance f_8

Loans and Related Allowance for Credit Losses (Credit Quality Indicators for Automobile, Credit Card, Education and Other Consumer Loan Classes) (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans, net	[1]	$ 321,761	$ 326,025
Updated FICO scores
Gross charge-offs
Year two		10
Year three		12
Year four		9
Year five		17
Prior		13
Total		61
Updated FICO scores \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		3,384	5,139
Year two		4,353	4,424
Year three		3,621	2,054
Year four		1,575	2,067
Year five		1,475	878
Prior		657	274
Total loans, net		15,065	14,836
Updated FICO scores \| Greater than or equal to 780 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,706	2,390
Year two		1,907	2,162
Year three		1,846	922
Year four		728	760
Year five		554	241
Prior		180	75
Total loans, net		6,921	6,550
Updated FICO scores \| 720 to 779 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1,066	1,702
Year two		1,426	1,312
Year three		1,005	561
Year four		411	538
Year five		374	222
Prior		160	69
Total loans, net		4,442	4,404
Updated FICO scores \| 660 to 719 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		538	854
Year two		766	660
Year three		510	341
Year four		251	401
Year five		275	187
Prior		137	56
Total loans, net		2,477	2,499
Updated FICO scores \| Less than 660 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		74	193
Year two		254	290
Year three		260	230
Year four		185	368
Year five		272	228
Prior		180	74
Total loans, net		1,225	1,383
Credit card
Gross charge-offs
Revolving Loans		141
Revolving Loans Converted to Term		13
Total		154
Credit card \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		7,032	7,010
Revolving Loans Converted to Term		60	59
Total loans, net		7,092	7,069
Credit card \| Greater than or equal to 780 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		1,954	1,954
Revolving Loans Converted to Term		1	2
Total loans, net		1,955	1,956
Credit card \| 720 to 779 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		2,022	1,994
Revolving Loans Converted to Term		5	6
Total loans, net		2,027	2,000
Credit card \| 660 to 719 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		1,967	1,957
Revolving Loans Converted to Term		13	13
Total loans, net		1,980	1,970
Credit card \| Less than 660 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		983	1,001
Revolving Loans Converted to Term		38	35
Total loans, net		1,021	1,036
Credit card \| No FICO score available or required \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving Loans		106	104
Revolving Loans Converted to Term		3	3
Total loans, net		109	107
Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		40	126
Year two		170	97
Year three		89	88
Year four		79	105
Year five		95	85
Prior		1,585	1,672
Total loans, net		2,058	2,173
Gross charge-offs
Year four		1
Year five		1
Prior		7
Total		9
Education \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		40	126
Year two		170	97
Year three		89	88
Year four		79	105
Year five		95	85
Prior		603	584
Total loans, net		1,076	1,085
Education \| Greater than or equal to 780 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		15	42
Year two		94	53
Year three		50	48
Year four		44	61
Year five		56	51
Prior		373	357
Total loans, net		632	612
Education \| 720 to 779 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		14	39
Year two		51	27
Year three		26	24
Year four		22	30
Year five		27	24
Prior		147	143
Total loans, net		287	287
Education \| 660 to 719 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		6	21
Year two		16	8
Year three		7	8
Year four		7	9
Year five		8	8
Prior		59	59
Total loans, net		103	113
Education \| Less than 660 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		1	4
Year two		3	1
Year three		1	1
Year four		1	2
Year five		2	2
Prior		23	24
Total loans, net		31	34
Education \| No FICO score available or required \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		4	20
Year two		6	8
Year three		5	7
Year four		5	3
Year five		2
Prior		1	1
Total loans, net		23	39
Education \| Other internal credit metrics
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Prior		982	1,088
Total loans, net		982	1,088
Other consumer
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		418	912
Year two		738	420
Year three		304	266
Year four		165	248
Year five		200	89
Prior		97	76
Revolving Loans		2,611	2,995
Revolving Loans Converted to Term		22	20
Total loans, net		4,555	5,026
Gross charge-offs
Year one		32
Year two		9
Year three		10
Year four		8
Year five		9
Prior		5
Revolving Loans		6
Revolving Loans Converted to Term		1
Total		80
Other consumer \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		397	787
Year two		622	377
Year three		273	226
Year four		146	214
Year five		126	82
Prior		71	47
Revolving Loans		253	275
Revolving Loans Converted to Term		7	8
Total loans, net		1,895	2,016
Other consumer \| Greater than or equal to 780 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		136	224
Year two		183	97
Year three		69	53
Year four		34	46
Year five		27	14
Prior		19	18
Revolving Loans		41	47
Revolving Loans Converted to Term		2	2
Total loans, net		511	501
Other consumer \| 720 to 779 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		186	302
Year two		224	122
Year three		85	68
Year four		41	62
Year five		35	20
Prior		19	15
Revolving Loans		82	89
Revolving Loans Converted to Term		1	2
Total loans, net		673	680
Other consumer \| 660 to 719 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		70	229
Year two		166	110
Year three		80	68
Year four		45	66
Year five		39	28
Prior		19	8
Revolving Loans		88	95
Revolving Loans Converted to Term		2	2
Total loans, net		509	606
Other consumer \| Less than 660 \| Using FICO Credit Metric
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		5	32
Year two		49	48
Year three		39	37
Year four		26	40
Year five		25	20
Prior		14	6
Revolving Loans		42	44
Revolving Loans Converted to Term		2	2
Total loans, net		202	229
Other consumer \| Other internal credit metrics
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one		21	125
Year two		116	43
Year three		31	40
Year four		19	34
Year five		74	7
Prior		26	29
Revolving Loans		2,358	2,720
Revolving Loans Converted to Term		15	12
Total loans, net		$ 2,660	$ 3,010

[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.8 billion, Loans held for investment of $1.3 billion and Other assets of $0.1 billion at June 30, 2023. Comparable amounts at December 31, 2022 were $0.9 billion, $1.3 billion and $0.1 billion, respectively.

Loans and Related Allowance f_9

Loans and Related Allowance for Credit Losses (Modified, Amortized Cost Basis) (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 869	$ 1,275
% of Loan Class	0.27%	0.40%
Unfunded lending related commitments	$ 100	$ 100
Principal Forgiveness
Financing Receivable [Line Items]
Amortized cost basis, modified		1
Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	1
Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	595	927
Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	97	148
Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	19	31
Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	3	7
Other
Financing Receivable [Line Items]
Amortized cost basis, modified	154	160
Total commercial
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 800	$ 1,149
% of Loan Class	0.36%	0.52%
Total commercial \| Principal Forgiveness
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1
Total commercial \| Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 594	925
Total commercial \| Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	59	72
Total commercial \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	147	151
Total commercial \| Commercial and industrial
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 512	$ 596
% of Loan Class	0.29%	0.34%
Total commercial \| Commercial and industrial \| Principal Forgiveness
Financing Receivable [Line Items]
Amortized cost basis, modified		$ 1
Total commercial \| Commercial and industrial \| Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 366	432
Total commercial \| Commercial and industrial \| Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	59	72
Total commercial \| Commercial and industrial \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	87	91
Total commercial \| Commercial real estate
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 288	$ 553
% of Loan Class	0.80%	1.54%
Total commercial \| Commercial real estate \| Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 228	$ 493
Total commercial \| Commercial real estate \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	60	60
Total consumer
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 69	$ 126
% of Loan Class	0.07%	0.12%
Total consumer \| Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1
Total consumer \| Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1	2
Total consumer \| Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	38	76
Total consumer \| Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	19	31
Total consumer \| Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	3	7
Total consumer \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	7	9
Total consumer \| Residential real estate
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 39	$ 78
% of Loan Class	0.08%	0.17%
Total consumer \| Residential real estate \| Interest Rate Reduction
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1
Total consumer \| Residential real estate \| Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	35	72
Total consumer \| Residential real estate \| Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	1	2
Total consumer \| Residential real estate \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	2	3
Total consumer \| Home equity
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 10	$ 15
% of Loan Class	0.04%	0.06%
Total consumer \| Home equity \| Payment Delay
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 3	$ 4
Total consumer \| Home equity \| Interest Rate Reduction and Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	2	5
Total consumer \| Home equity \| Other
Financing Receivable [Line Items]
Amortized cost basis, modified	5	6
Total consumer \| Credit card
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 18	$ 30
% of Loan Class	0.25%	0.42%
Total consumer \| Credit card \| Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 18	$ 30
Total consumer \| Education
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 2
% of Loan Class	0.05%	0.10%
Total consumer \| Education \| Term Extension
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 2
Total consumer \| Other consumer
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1
% of Loan Class	0.02%	0.02%
Total consumer \| Other consumer \| Repayment Plan
Financing Receivable [Line Items]
Amortized cost basis, modified	$ 1	$ 1

Loans and Related Allowance _10

Loans and Related Allowance for Credit Losses (Financial Effect of Loan Modification) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Total commercial \| Commercial and industrial
Financing Receivable [Line Items]
Weighted-Average Term Extension (in Months)	9 months	10 months
Weighted-Average Payment Delay (in Months)	10 months	6 months
Total commercial \| Commercial and industrial \| Principal Forgiveness
Financing Receivable [Line Items]
Total Principal Forgiveness		$ 2
Total commercial \| Commercial real estate
Financing Receivable [Line Items]
Weighted-Average Term Extension (in Months)	20 months	17 months
Total consumer \| Residential real estate
Financing Receivable [Line Items]
Weighted-Average Interest Rate Reduction	1.17%	1.34%
Weighted-Average Term Extension (in Months)	123 months	111 months
Weighted-Average Payment Delay (in Months)	8 months	8 months
Total consumer \| Home equity
Financing Receivable [Line Items]
Weighted-Average Interest Rate Reduction	1.29%	1.41%
Weighted-Average Term Extension (in Months)	66 months	58 months
Weighted-Average Payment Delay (in Months)	3 months	4 months
Total consumer \| Education
Financing Receivable [Line Items]
Weighted-Average Term Extension (in Months)	19 months	17 months

Loans and Related Allowance _11

Loans and Related Allowance for Credit Losses (Aging Analysis) (Details) $ in Millions	Jun. 30, 2023 USD ($)
Financing Receivable [Line Items]
Financing receivable, aging analysis	$ 1,275
Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,037
30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	3
60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	7
90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	5
Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	223
Total commercial
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,149
Total commercial \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1,014
Total commercial \| 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4
Total commercial \| 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total commercial \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	130
Total commercial \| Commercial and industrial
Financing Receivable [Line Items]
Financing receivable, aging analysis	596
Total commercial \| Commercial and industrial \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	494
Total commercial \| Commercial and industrial \| 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4
Total commercial \| Commercial and industrial \| 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total commercial \| Commercial and industrial \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	97
Total commercial \| Commercial real estate
Financing Receivable [Line Items]
Financing receivable, aging analysis	553
Total commercial \| Commercial real estate \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	520
Total commercial \| Commercial real estate \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	33
Total consumer
Financing Receivable [Line Items]
Financing receivable, aging analysis	126
Total consumer \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	23
Total consumer \| 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	3
Total consumer \| 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	3
Total consumer \| 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4
Total consumer \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	93
Total consumer \| Residential real estate
Financing Receivable [Line Items]
Financing receivable, aging analysis	78
Total consumer \| Residential real estate \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total consumer \| Residential real estate \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	77
Total consumer \| Home equity
Financing Receivable [Line Items]
Financing receivable, aging analysis	15
Total consumer \| Home equity \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	15
Total consumer \| Credit card
Financing Receivable [Line Items]
Financing receivable, aging analysis	30
Total consumer \| Credit card \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	20
Total consumer \| Credit card \| 30-59 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	3
Total consumer \| Credit card \| 60-89 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	3
Total consumer \| Credit card \| 90 Days or More Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	4
Total consumer \| Education
Financing Receivable [Line Items]
Financing receivable, aging analysis	2
Total consumer \| Education \| Current or Less Than 30 Days Past Due
Financing Receivable [Line Items]
Financing receivable, aging analysis	2
Total consumer \| Other consumer
Financing Receivable [Line Items]
Financing receivable, aging analysis	1
Total consumer \| Other consumer \| Nonperforming Loans
Financing Receivable [Line Items]
Financing receivable, aging analysis	$ 1

Loans and Related Allowance _12

Loans and Related Allowance for Credit Losses (Financial Impact and TDRs by Concession Type) (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) customer	Jun. 30, 2022 USD ($) customer
Financing Receivable [Line Items]
Number of Loans \| customer	3,040	5,947
Pre-TDR Amortized Cost Basis	$ 85	$ 174
Post-TDR Amortized Cost Basis	76	155
Principal Forgiveness
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	9	9
Interest Rate Reduction
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	40	66
Other TDR Concession Type [Member]
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	$ 27	$ 80
Total commercial
Financing Receivable [Line Items]
Number of Loans \| customer	15	27
Pre-TDR Amortized Cost Basis	$ 35	$ 88
Post-TDR Amortized Cost Basis	31	77
Total commercial \| Principal Forgiveness
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	9	9
Total commercial \| Interest Rate Reduction
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis
Total commercial \| Other TDR Concession Type [Member]
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	$ 22	$ 68
Total consumer
Financing Receivable [Line Items]
Number of Loans \| customer	3,025	5,920
Pre-TDR Amortized Cost Basis	$ 50	$ 86
Post-TDR Amortized Cost Basis	45	78
Total consumer \| Principal Forgiveness
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis
Total consumer \| Interest Rate Reduction
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	40	66
Total consumer \| Other TDR Concession Type [Member]
Financing Receivable [Line Items]
Post-TDR Amortized Cost Basis	$ 5	$ 12

Loans and Related Allowance _13

Loans and Related Allowance for Credit Losses (Rollforward of Allowance for Credit Losses of Loans and Leases) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 4,741	$ 4,558	$ 4,741	$ 4,868
Charge-offs	(293)	(195)	(575)	(446)
Recoveries	99	112	186	226
Net (charge-offs)	(194)	(83)	(389)	(220)
Provision for (recapture of) credit losses	189	(10)	418	(182)
Other	1	(3)	2	(4)
Ending balance	4,737	4,462	4,737	4,462
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	672	639	694	662
Provision for (recapture of) credit losses	(9)	42	(31)	19
Ending balance	663	681	663	681
Allowance for credit loss	5,400	5,143	5,400	5,143	$ 5,400
Allowances for investment securities and other financial assets	171	163	171	163
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance			(35)
Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,741	4,558	4,706	4,868
Total commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,046	3,003	3,114	3,185
Charge-offs	(135)	(37)	(255)	(89)
Recoveries	36	19	61	53
Net (charge-offs)	(99)	(18)	(194)	(36)
Provision for (recapture of) credit losses	195	(45)	220	(208)
Other		(3)	2	(4)
Ending balance	3,142	2,937	3,142	2,937
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	560	587	613	564
Provision for (recapture of) credit losses	(5)	43	(58)	66
Ending balance	555	630	555	630
Allowance for credit loss	3,697	3,567	3,697	3,567
Total commercial \| Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,046	3,003	3,114	3,185
Total consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,695	1,555	1,627	1,683
Charge-offs	(158)	(158)	(320)	(357)
Recoveries	63	93	125	173
Net (charge-offs)	(95)	(65)	(195)	(184)
Provision for (recapture of) credit losses	(6)	35	198	26
Other	1
Ending balance	1,595	1,525	1,595	1,525
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	112	52	81	98
Provision for (recapture of) credit losses	(4)	(1)	27	(47)
Ending balance	108	51	108	51
Allowance for credit loss	1,703	1,576	1,703	1,576
Total consumer \| Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 1,695	$ 1,555	$ 1,592	$ 1,683

Loan Sale and Servicing Activ_3

Loan Sale and Servicing Activities and Variable Interest Entities (Loan Sale and Servicing Activities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Residential mortgage loans held for sale
Sales of loans and related securitization activity	$ 655	$ 1,454	$ 1,171	$ 3,348
Repurchases of previously transferred loans	22	57	51	105
Cash flows from servicing fees	127	91	255	184
Cash flows from servicing advances recovered/(funded), net	11	1	39	33
Cash flows from mortgage-backed securities held	695	1,029	1,298	2,325
Cash flows on carrying value of mortgage-backed securities held	21,200	19,100	21,200	19,100	$ 21,400
Commercial mortgage loans held for sale
Sales of loans and related securitization activity	1,202	929	2,156	1,839
Repurchases of previously transferred loans			9	27
Cash flows from servicing fees	49	47	95	89
Cash flows from servicing advances recovered/(funded), net	(15)	(17)	(64)	4
Cash flows from mortgage-backed securities held	18	14	30	28
Cash flows on carrying value of mortgage-backed securities held	$ 700	$ 800	$ 700	$ 800	$ 700

Loan Sale and Servicing Activ_4

Loan Sale and Servicing Activities and Variable Interest Entities (Principal Balance, Delinquent Loans (Loans 90 Days or More Past Due), and Net Charge-Offs Related to Serviced Loans) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Residential mortgage loans held for sale
Total principal balance		$ 39,893		$ 41,031
Delinquent loans		317		346
Net charge-offs	$ 1	2	$ 2
Commercial mortgage loans held for sale
Total principal balance		39,306		57,974
Delinquent loans
Net charge-offs	$ 3	$ 4	$ 3

Loan Sale and Servicing Activ_5

Loan Sale and Servicing Activities and Variable Interest Entities (Non-Consolidated VIEs) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
PNC Risk of Loss	$ 27,156	$ 27,077
Carrying Value of Assets Owned by PNC	558,207	557,263
Carrying Value of Liabilities Owned by PNC	508,861	511,451
Variable Interest Entity, Primary Beneficiary
Carrying Value of Assets Owned by PNC	26,998	26,910
Carrying Value of Liabilities Owned by PNC	2,048	2,064
Variable Interest Entity, Primary Beneficiary \| Mortgage-Backed Securitizations
PNC Risk of Loss	22,732	22,666
Carrying Value of Assets Owned by PNC	22,735	22,670
Carrying Value of Liabilities Owned by PNC	1	1
Variable Interest Entity, Primary Beneficiary \| Tax Credit Investments And Other
PNC Risk of Loss	4,424	4,411
Carrying Value of Assets Owned by PNC	4,263	4,240
Carrying Value of Liabilities Owned by PNC	$ 2,047	$ 2,063

Loan Sale and Servicing Activ_6

Loan Sale and Servicing Activities and Variable Interest Entities (Loan Sale and Servicing Activities and Variable Interest Entities) (Narrative) (Details) - Low Income Housing Tax Credit Investments - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortization	$ 200
Tax credits	200
Amortization, tax credits, and other tax benefits recognized low income housing tax credit investments (less than)		$ 100
Other tax benefits	$ 100

Goodwill Mortgage Servicing Rig

Goodwill Mortgage Servicing Rights (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Mortgage servicing rights	$ 3,455		$ 3,455		$ 3,423
Fees from mortgage and other loan servicing	$ 200	$ 200	$ 400	$ 300

Goodwill and Mortgage Servici_3

Goodwill and Mortgage Servicing Rights (Mortgage Servicing Rights) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	$ 3,423
Mortgage servicing rights, ending balance	3,455
Mortgage Servicing Rights \| Commercial real estate
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	1,113	$ 740
Mortgage servicing rights, ending balance	1,106	988
Unpaid principal balance of loans serviced for others at end of period	280,023	281,671
Servicing advances	485	459
Mortgage Servicing Rights \| Commercial real estate \| Time and Payoffs
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	(164)	(74)
Mortgage Servicing Rights \| Commercial real estate \| Other
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	108	262
Mortgage Servicing Rights \| Commercial real estate \| From loans sold with servicing retained
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	32	35
Mortgage Servicing Rights \| Commercial real estate \| Purchases
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	17	25
Mortgage Servicing Rights \| Residential mortgage loans held for sale
Servicing Asset at Fair Value, Amount [Roll Forward]
Mortgage servicing rights, beginning balance	2,310	1,078
Mortgage servicing rights, ending balance	2,349	1,620
Unpaid principal balance of loans serviced for others at end of period	191,274	144,533
Servicing advances	126	143
Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Time and Payoffs
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	(113)	(123)
Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Other
Servicing Asset at Fair Value, Amount [Roll Forward]
Changes in Fair Value	33	370
Mortgage Servicing Rights \| Residential mortgage loans held for sale \| From loans sold with servicing retained
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	10	38
Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Purchases
Servicing Asset at Fair Value, Amount [Roll Forward]
Additions	$ 109	$ 257

Goodwill Mortgage Servicing R_2

Goodwill Mortgage Servicing Rights (Commercial and Residential Mortgage Servicing Rights - Key Valuation Assumptions) (Details) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair Value	$ 3,455	$ 3,423
Mortgage Servicing Rights \| Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair Value	$ 1,106	$ 1,113	$ 988	$ 740
Weighted-average life (years)	3 years 10 months 24 days	4 years
Decline in fair value from 10% adverse change in prepayment rate	$ 7	$ 8
Decline in fair value from 20% adverse change in prepayment rate	14	15
Decline in fair value from 10% adverse change in interest rate	33	34
Decline in fair value from 20% adverse change in interest rate	65	68
Mortgage Servicing Rights \| Residential mortgage loans held for sale
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Fair Value	$ 2,349	$ 2,310	$ 1,620	$ 1,078
Weighted-average life (years)	7 years 9 months 18 days	8 years
Decline in fair value from 10% adverse change in prepayment rate	$ 56	$ 55
Decline in fair value from 20% adverse change in prepayment rate	$ 108	$ 107
Spread over the benchmark curve	7.67%	7.66%
Decline in fair value from 10% adverse change in adjusted spread	$ 69	$ 69
Decline in fair value from 20% adverse change in adjusted spread	$ 135	$ 134
Mortgage Servicing Rights \| Measurement Input, Constant Prepayment Rate \| Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.0438	0.0428
Mortgage Servicing Rights \| Measurement Input, Constant Prepayment Rate \| Residential mortgage loans held for sale
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.0691	0.0672
Mortgage Servicing Rights \| Measurement Input, Discount Rate \| Commercial real estate
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Servicing asset, measurement input	0.0989	0.0977

Leases (Lessor Income) (Details

Leases (Lessor Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Leases (Lessor Income) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Sales-type and direct financing leases	$ 73	$ 57	$ 143	$ 116
Operating leases	15	16	31	33
Lease income	$ 88	$ 73	$ 174	$ 149

Borrowed Funds (Narrative) (Det

Borrowed Funds (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Borrowed funds	$ 65,384	$ 58,713
Parent Company
Debt Instrument [Line Items]
Borrowed funds	19,212	13,103
Parent Company \| Senior debt
Debt Instrument [Line Items]
Borrowed funds	17,480	11,374
Basis adjustments - Fair value accounting hedges	(869)
Parent Company \| Subordinated debt
Debt Instrument [Line Items]
Borrowed funds	1,526	1,524
Basis adjustments - Fair value accounting hedges	(70)
Subsidiaries
Debt Instrument [Line Items]
Borrowed funds	42,341	41,936
Subsidiaries \| Senior debt
Debt Instrument [Line Items]
Borrowed funds	4,525	5,283
Basis adjustments - Fair value accounting hedges	(249)
Subsidiaries \| Subordinated debt
Debt Instrument [Line Items]
Borrowed funds	3,816	$ 4,578
Basis adjustments - Fair value accounting hedges	$ (229)

Borrowed Funds (Remaining Matur

Borrowed Funds (Remaining Maturity) (Details) $ in Millions	Jun. 30, 2023 USD ($)
Debt Disclosure [Abstract]
Less than 1 year	$ 7,487
1 to 2 years	26,319
2 to 3 years	11,611
3 to 4 years	3,492
4 to 5 years	1,805
Over 5 years	14,670
Total	$ 65,384

Borrowed Funds (FHLB Borrowings

Borrowed Funds (FHLB Borrowings, Senior Debt and Subordinated Debt) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Borrowed funds	$ 65,384	$ 58,713
Total FHLB, Senior and Sub Debt	61,553	55,039
Parent Company
Debt Instrument [Line Items]
Borrowed funds	19,212	13,103
Parent Company \| Senior debt
Debt Instrument [Line Items]
Borrowed funds	$ 17,480	11,374
Parent Company \| Senior debt \| Minimum
Debt Instrument [Line Items]
Interest rate	1.15%
Parent Company \| Senior debt \| Maximum
Debt Instrument [Line Items]
Interest rate	6.04%
Parent Company \| Subordinated debt
Debt Instrument [Line Items]
Borrowed funds	$ 1,526	1,524
Parent Company \| Subordinated debt \| Minimum
Debt Instrument [Line Items]
Interest rate	3.90%
Parent Company \| Subordinated debt \| Maximum
Debt Instrument [Line Items]
Interest rate	4.63%
Parent Company \| Junior subordinated debt
Debt Instrument [Line Items]
Interest rate	6.07%
Borrowed funds	$ 206	205
Subsidiaries
Debt Instrument [Line Items]
Borrowed funds	42,341	41,936
Subsidiaries \| Senior debt
Debt Instrument [Line Items]
Borrowed funds	$ 4,525	5,283
Subsidiaries \| Senior debt \| Minimum
Debt Instrument [Line Items]
Interest rate	2.50%
Subsidiaries \| Senior debt \| Maximum
Debt Instrument [Line Items]
Interest rate	5.88%
Subsidiaries \| Subordinated debt
Debt Instrument [Line Items]
Borrowed funds	$ 3,816	4,578
Subsidiaries \| Subordinated debt \| Minimum
Debt Instrument [Line Items]
Interest rate	2.70%
Subsidiaries \| Subordinated debt \| Maximum
Debt Instrument [Line Items]
Interest rate	5.90%
Subsidiaries \| FHLB
Debt Instrument [Line Items]
Borrowed funds	$ 34,000	$ 32,075
Subsidiaries \| FHLB \| Minimum
Debt Instrument [Line Items]
Interest rate	5.25%
Subsidiaries \| FHLB \| Maximum
Debt Instrument [Line Items]
Interest rate	5.48%

Commitments (Other Commitments)

Commitments (Other Commitments) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Commitments	$ 276,568	$ 277,172
Liability Related To Investments In Low Income Housing Tax Credits	2,100	2,200
Commitments to extend credit
Other Commitments [Line Items]
Commitments	261,905	261,728
Commitments to extend credit \| Commercial
Other Commitments [Line Items]
Commitments	196,185	198,542
Commitments to extend credit \| Home equity
Other Commitments [Line Items]
Commitments	23,939	22,783
Commitments to extend credit \| Credit card
Other Commitments [Line Items]
Commitments	33,932	33,066
Commitments to extend credit \| Other
Other Commitments [Line Items]
Commitments	7,849	7,337
Standby letters of credit
Other Commitments [Line Items]
Commitments	10,157	10,575
Standby letters of credit \| Remarketing Programs
Other Commitments [Line Items]
Commitments	3,400	3,600
Standby bond purchase agreements
Other Commitments [Line Items]
Commitments	1,184	1,208
Other commitments
Other Commitments [Line Items]
Commitments	$ 3,322	$ 3,661

Commitments (Narrative) (Detail

Commitments (Narrative) (Details) $ in Billions	6 Months Ended
Commitments (Narrative) (Details) $ in Billions	Jun. 30, 2023 USD ($)
Minimum
Loss Contingencies [Line Items]
Standby letter of credit, term (less than one year)	1 year
Maximum
Loss Contingencies [Line Items]
Standby letter of credit, term (less than one year)	8 years
Standby letters of credit
Loss Contingencies [Line Items]
Internal credit ratings (as a percentage of portfolio) - Pass	98%
Standby letters of credit - Assets securing certain specifically identified standby letters of credit	$ 1.2
Standby letters of credit and participations in standby letters of credit - Liability carrying amount	$ 0.2

Total Equity and Other Compre_3

Total Equity and Other Comprehensive Income (Rollforward of Total Equity) (Details) $ / shares in Units, $ in Millions			3 Months Ended		6 Months Ended
	Feb. 07, 2023 $ / shares shares	Apr. 26, 2022 $ / shares shares	Jun. 30, 2023 USD ($) shares	Jun. 30, 2022 USD ($) shares	Jun. 30, 2023 USD ($) shares	Jun. 30, 2022 USD ($) shares	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Common Stock [Abstract]
Equity, Beginning Balance				$ 49,216	$ 45,812	$ 55,726
Net income			$ 1,500	1,496	3,194	2,925
Other comprehensive income (loss), net of tax			(417)	(2,627)	647	(8,767)
Dividends, Cash [Abstract]
Common			(606)	(626)	(1,213)	(1,157)
Preferred			(127)	(71)	(195)	(116)
Preferred stock discount accretion
Preferred stock issuance				992	1,487	992
Treasury stock activity			(123)	(725)	(361)	(1,914)
Other			28	18	(68)	(16)
Equity, Ending Balance			49,346	47,688	49,346	47,688
Preferred stock, par value			0.5	0.5	0.5	0.5	$ 0.5	$ 0.5	$ 0.5	$ 0.5
Common stock activity			17	$ 15	17	$ 15
Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Abstract]
Equity, Beginning Balance					26
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			$ 49,074		$ 45,838
Series U
Dividends, Cash [Abstract]
Depositary shares conversion ratio		0.01
Common stock activity (shares) \| shares		1,000,000
Fixed interest rate		6%
Preferred stock, par or stated value per share (in dollars per share) \| $ / shares		$ 1
Series W
Dividends, Cash [Abstract]
Depositary shares conversion ratio	0.01
Common stock activity (shares) \| shares	1,500,000
Fixed interest rate	6.25%
Preferred stock, par or stated value per share (in dollars per share) \| $ / shares	$ 1
Common Stock
Common Stock [Abstract]
Beginning Balance (in shares) \| shares			399,000,000	415,000,000	401,000,000	420,000,000
Treasury stock activity, shares \| shares			(1,000,000)	(4,000,000)	(3,000,000)	(9,000,000)
Ending Balance, (in shares) \| shares			398,000,000	411,000,000	398,000,000	411,000,000
Equity, Beginning Balance			$ 2,714	$ 2,713	$ 2,714	$ 2,713
Dividends, Cash [Abstract]
Equity, Ending Balance			2,715	2,714	2,715	2,714
Common stock activity			$ 1	1	$ 1	1
Common Stock \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Beginning Balance (in shares) \| shares			399,000,000		401,000,000
Equity, Beginning Balance			$ 2,714		$ 2,714
Capital Surplus - Preferred Stock
Common Stock [Abstract]
Equity, Beginning Balance			7,235	5,011	5,746	5,009
Dividends, Cash [Abstract]
Preferred stock discount accretion			2	1	4	3
Preferred stock issuance				992	1,487	992
Equity, Ending Balance			7,237	6,004	7,237	6,004
Capital Surplus - Preferred Stock \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			7,235		5,746
Capital Surplus - Common Stock and Other
Common Stock [Abstract]
Equity, Beginning Balance			12,629	12,476	12,630	12,448
Dividends, Cash [Abstract]
Treasury stock activity			3	5	73	50
Other			49	32	(22)	15
Equity, Ending Balance			12,697	12,527	12,697	12,527
Common stock activity			16	14	16	14
Capital Surplus - Common Stock and Other \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			12,629		12,630
Retained Earnings
Common Stock [Abstract]
Equity, Beginning Balance			54,598	51,058	53,572	50,228
Net income			1,483	1,481	3,160	2,889
Dividends, Cash [Abstract]
Common			(606)	(626)	(1,213)	(1,157)
Preferred			(127)	(71)	(195)	(116)
Preferred stock discount accretion			(2)	(1)	(4)	(3)
Equity, Ending Balance			55,346	51,841	55,346	51,841
Retained Earnings \| Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Abstract]
Equity, Beginning Balance					26
Retained Earnings \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			54,598		53,598
Accumulated Other Comprehensive Income (Loss)
Common Stock [Abstract]
Equity, Beginning Balance			(9,108)	(5,731)	(10,172)	409
Other comprehensive income (loss), net of tax			(417)	(2,627)	647	(8,767)
Dividends, Cash [Abstract]
Equity, Ending Balance			(9,525)	(8,358)	(9,525)	(8,358)
Accumulated Other Comprehensive Income (Loss) \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			(9,108)		(10,172)
Treasury Stock
Common Stock [Abstract]
Equity, Beginning Balance			(19,024)	(16,346)	(18,716)	(15,112)
Dividends, Cash [Abstract]
Treasury stock activity			(126)	(730)	(434)	(1,964)
Equity, Ending Balance			(19,150)	(17,076)	(19,150)	(17,076)
Treasury Stock \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			(19,024)		(18,716)
Non- controlling Interests
Common Stock [Abstract]
Equity, Beginning Balance			30	35	38	31
Net income			17	15	34	36
Dividends, Cash [Abstract]
Other			(21)	(14)	(46)	(31)
Equity, Ending Balance			26	$ 36	26	$ 36
Non- controlling Interests \| Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock [Abstract]
Equity, Beginning Balance			$ 30		$ 38

Total Equity and Other Compre_4

Total Equity and Other Comprehensive Income (Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, before Tax [Abstract]
Net unrealized gains (losses) on securities, pre-tax	$ (476)	$ (2,929)	$ 178	$ (9,247)
Less: Net realized gains (losses) reclassified to earnings	(235)	(214)	(450)	(217)
Net increase (decrease), pre-tax	(241)	(2,715)	628	(9,030)
Other Comprehensive Income (Loss), Available-for-sale Securities, before Reclassification Adjustments, Tax [Abstract]
Net unrealized gains (losses) on securities, tax effect	112	690	(42)	2,179
Less: Net realized gains (losses) reclassified to earnings, tax effect	55	50	106	51
Effect of income taxes	57	640	(148)	2,128
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, After Reclassification Adjustments, after Tax [Abstract]
Net unrealized gains (losses) on securities, after tax	(364)	(2,239)	136	(7,068)
Less: Net realized gains (losses) reclassified to earnings, after tax	(180)	(164)	(344)	(166)
Net increase (decrease), after-tax	(184)	(2,075)	480	(6,902)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax [Abstract]
Net unrealized gains (losses) on cash flow hedges, pre-tax	(689)	(676)	(492)	(2,332)
Less: Net realized gains (losses) reclassified to earnings, pre-tax	(373)	25	(703)	127
Net increase (decrease), pre-tax	(316)	(701)	211	(2,459)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax [Abstract]
Net unrealized gains (losses) on cash flow hedges, tax effect	162	159	116	549
Less: Net realized gains (losses) reclassified to earnings, tax effect	88	(6)	166	(30)
Effect of income taxes	74	165	(50)	579
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax [Abstract]
Net unrealized gains (losses) on cash flow hedges, after tax	(527)	(517)	(376)	(1,783)
Less: Net realized gains (losses) reclassified to earnings, after tax	(285)	19	(537)	97
Net increase (decrease), after-tax	(242)	(536)	161	(1,880)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Reclassification Adjustment, before Tax [Abstract]
Net pension and other postretirement benefit plan activity and other reclassified to earnings, pre-tax	6	8	(4)	62
Net increase (decrease), pre-tax	6	8	(4)	62
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]
Net pension and other postretirement benefit plan activity and other reclassified to earnings, tax effect	(1)	(2)	1	(15)
Effect of income taxes	(1)	(2)	1	(15)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax [Abstract]
Net pension and other postretirement benefit plan activity and other reclassified to earnings, after-tax	5	6	(3)	47
Net increase (decrease), after-tax	5	6	(3)	47
Other Comprehensive Income Other Adjustments [Abstract]
Net unrealized gains (losses) on other transactions, pre-tax	3	(4)	7	(7)
Net increase (decrease), pre-tax	3	(4)	7	(7)
Net unrealized gains (losses) on other transactions, tax effect	1	(18)	2	(25)
Effect of income taxes	1	(18)	2	(25)
Net unrealized gains (losses) on other transactions, after tax	4	(22)	9	(32)
Net increase (decrease), after-tax	4	(22)	9	(32)
Other comprehensive income (loss), before tax and net of reclassifications into Net income	(548)	(3,412)	842	(11,434)
Total other comprehensive income (loss), tax effect	131	785	(195)	2,667
Other comprehensive income (loss), after tax and net of reclassifications into Net income	$ (417)	$ (2,627)	$ 647	$ (8,767)

Total Equity and Other Compre_5

Total Equity and Other Comprehensive Income (Accumulated Other Comprehensive Income (Loss) Components) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance		$ 49,216	$ 45,812	$ 55,726
Other comprehensive income (loss), net of tax	$ (417)	(2,627)	647	(8,767)
Equity, Ending Balance	49,346	47,688	49,346	47,688
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(9,108)	(5,731)	(10,172)	409
Other comprehensive income (loss), net of tax	(417)	(2,627)	647	(8,767)
Equity, Ending Balance	(9,525)	(8,358)	(9,525)	(8,358)
Debt securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(6,500)	(4,238)	(7,164)	589
Other comprehensive income (loss), net of tax	(184)	(2,075)	480	(6,902)
Equity, Ending Balance	(6,684)	(6,313)	(6,684)	(6,313)
Cash flow hedge derivatives
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(2,302)	(1,545)	(2,705)	(201)
Other comprehensive income (loss), net of tax	(242)	(536)	161	(1,880)
Equity, Ending Balance	(2,544)	(2,081)	(2,544)	(2,081)
Pension and other postretirement benefit plan adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(259)	68	(251)	27
Other comprehensive income (loss), net of tax	5	6	(3)	47
Equity, Ending Balance	(254)	74	(254)	74
Other
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Equity, Beginning Balance	(47)	(16)	(52)	(6)
Other comprehensive income (loss), net of tax	4	(22)	9	(32)
Equity, Ending Balance	$ (43)	$ (38)	$ (43)	$ (38)

Total Equity and Other Compre_6

Total Equity and Other Comprehensive Income (Dividends Per Share) (Details) - $ / shares		3 Months Ended		6 Months Ended
	Jul. 03, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Subsequent Event
Class of Stock [Line Items]
Cash dividends declared, common, per share (in dollars per share)	$ 1.55
Increase in cash dividends, common declared (in USD per share)	$ 5
Common Stock
Class of Stock [Line Items]
Cash dividends declared, common, per share (in dollars per share)		$ 1.50	$ 1.50	$ 3	$ 2.75
Series B
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		0.45	0.45	0.90	0.90
Series O
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		2,100	987	4,174	1,961
Series P
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)			1,532		3,063
Series R
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		2,425	2,425	2,425	2,425
Series S
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		2,500	2,500	2,500	2,500
Series T
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		850	850	1,700	1,700
Series U
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		1,500		3,000
Series V
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		1,550		3,100
Series W
Class of Stock [Line Items]
Cash dividends declared, Preferred, per share (in dollars per share)		$ 2,222		$ 2,222

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 1,500	$ 1,496	$ 3,194	$ 2,925
Less:
Net income attributable to noncontrolling interests	17	15	34	36
Preferred stock dividends	127	71	195	116
Preferred stock discount accretion and redemptions	2	1	4	3
Net income attributable to common shareholders	1,354	1,409	2,961	2,770
Less: Dividends and undistributed earnings allocated to nonvested restricted shares	7	7	15	13
Net income attributable to basic common shareholders	$ 1,347	$ 1,402	$ 2,946	$ 2,757
Basic weighted-average common shares outstanding (in shares)	401	414	401	417
Basic earnings per common share (in dollars per share)	$ 3.36	$ 3.39	$ 7.35	$ 6.62
Net income attributable to diluted common shareholders	$ 1,347	$ 1,402	$ 2,946	$ 2,757
Dilutive potential common shares (in shares)
Diluted weighted-average common shares outstanding (in shares)	401	414	401	417
Diluted earnings per common share (in dollars per share)	$ 3.36	$ 3.39	$ 7.34	$ 6.61

Fair Value (Recurring Fair Valu

Fair Value (Recurring Fair Value Measurements) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Assets
Investment securities – available for sale	$ 41,787	$ 44,159
Mortgage servicing rights	3,455	3,423
Financial derivatives	783	1,531
Liabilities
Financial derivatives	$ 4,565	$ 4,524
Assets At Fair Value \| Assets, Total \| Assets
Liabilities
Concentration risk, percentage	10%	11%
Level 3 Assets \| Assets, Total \| Assets
Liabilities
Concentration risk, percentage	12%	12%
Level 3 Assets \| Assets \| Assets
Liabilities
Concentration risk, percentage	1%	1%
Liabilities At Fair Value \| Liabilities, Total \| Liability
Liabilities
Concentration risk, percentage	2%	2%
Level Three Liabilities \| Liabilities, Total \| Liability
Liabilities
Concentration risk, percentage	5%	4%
Level Three Liabilities \| Liability \| Liability
Liabilities
Concentration risk, percentage	1%	1%
Fair Value, Recurring
Assets
Investment securities – available for sale	$ 41,787	$ 44,159
Loans	1,259	1,310
Equity investments	2,610	3,147
Trading securities	2,569	1,966
Financial derivatives	3,220	3,768
Other assets	452	432
Total Assets	56,102	59,135
Liabilities
Other borrowed funds	1,244	1,466
Financial derivatives	7,003	7,618
Other liabilities	239	294
Total liabilities	8,486	9,378
Level 1 \| Fair Value, Recurring
Assets
Investment securities – available for sale	6,874	8,108
Equity investments	807	1,173
Trading securities	570	798
Financial derivatives	2	16
Other assets	387	352
Total Assets	8,640	10,447
Liabilities
Other borrowed funds	1,139	1,230
Financial derivatives	1	4
Total liabilities	1,140	1,234
Level 2 \| Fair Value, Recurring
Assets
Investment securities – available for sale	33,971	35,050
Loans	514	541
Trading securities	1,999	1,168
Financial derivatives	3,212	3,747
Other assets	65	80
Total Assets	40,295	41,240
Liabilities
Other borrowed funds	100	232
Financial derivatives	6,862	7,491
Total liabilities	6,962	7,723
Level 3 \| Fair Value, Recurring
Assets
Investment securities – available for sale	942	1,001
Loans	745	769
Equity investments	1,623	1,778
Financial derivatives	6	5
Total Assets	6,987	7,252
Liabilities
Other borrowed funds	5	4
Financial derivatives	140	123
Other liabilities	239	294
Total liabilities	384	421
Residential mortgage loans held for sale \| Fair Value, Recurring
Assets
Loans held for sale	686	654
Residential mortgage loans held for sale \| Level 2 \| Fair Value, Recurring
Assets
Loans held for sale	495	411
Residential mortgage loans held for sale \| Level 3 \| Fair Value, Recurring
Assets
Loans held for sale	191	243
Commercial mortgage loans held for sale \| Fair Value, Recurring
Assets
Loans held for sale	64	276
Commercial mortgage loans held for sale \| Level 2 \| Fair Value, Recurring
Assets
Loans held for sale	39	243
Commercial mortgage loans held for sale \| Level 3 \| Fair Value, Recurring
Assets
Loans held for sale	25	33
U.S. Treasury and government agencies \| Fair Value, Recurring
Assets
Investment securities – available for sale	7,110	8,370
U.S. Treasury and government agencies \| Level 1 \| Fair Value, Recurring
Assets
Investment securities – available for sale	6,874	8,108
U.S. Treasury and government agencies \| Level 2 \| Fair Value, Recurring
Assets
Investment securities – available for sale	236	262
Residential mortgage-backed \| Mortgage-backed Securities Agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	27,655	28,823
Residential mortgage-backed \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	768	819
Residential mortgage-backed \| Level 2 \| Mortgage-backed Securities Agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	27,655	28,823
Residential mortgage-backed \| Level 2 \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale
Residential mortgage-backed \| Level 3 \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	768	819
Commercial mortgage-backed \| Mortgage-backed Securities Agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	1,593	1,675
Commercial mortgage-backed \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	947	1,256
Commercial mortgage-backed \| Level 2 \| Mortgage-backed Securities Agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	1,593	1,675
Commercial mortgage-backed \| Level 2 \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	944	1,253
Commercial mortgage-backed \| Level 3 \| Mortgage-backed Securities Non-agency \| Fair Value, Recurring
Assets
Investment securities – available for sale	3	3
Asset-backed \| Fair Value, Recurring
Assets
Investment securities – available for sale	934	129
Asset-backed \| Level 2 \| Fair Value, Recurring
Assets
Investment securities – available for sale	817	5
Asset-backed \| Level 3 \| Fair Value, Recurring
Assets
Investment securities – available for sale	117	124
Other \| Fair Value, Recurring
Assets
Investment securities – available for sale	2,780	3,087
Other \| Level 2 \| Fair Value, Recurring
Assets
Investment securities – available for sale	2,726	3,032
Other \| Level 3 \| Fair Value, Recurring
Assets
Investment securities – available for sale	54	55
Residential mortgage servicing rights \| Fair Value, Recurring
Assets
Mortgage servicing rights	2,349	2,310
Residential mortgage servicing rights \| Level 3 \| Fair Value, Recurring
Assets
Mortgage servicing rights	2,349	2,310
Commercial mortgage servicing rights \| Fair Value, Recurring
Assets
Mortgage servicing rights	1,106	1,113
Commercial mortgage servicing rights \| Level 3 \| Fair Value, Recurring
Assets
Mortgage servicing rights	$ 1,106	$ 1,113

Fair Value (Reconciliation of R

Fair Value (Reconciliation of Recurring Fair Value Measurements) (Details) - Fair Value, Recurring - Level 3 - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	$ 7,142	$ 6,213	$ 7,252	$ 5,882
Included in Earnings	199	390	308	802
Included in other comprehensive income	13	(53)		(81)
Purchases	211	304	393	469
Sales	(370)	(94)	(441)	(114)
Issuances	24	31	42	73
Settlements	(228)	(232)	(425)	(469)
Transfers into Level 3	8	9	21	14
Transfers out of Level 3	(12)	(22)	(163)	(30)
Ending Balance	6,987	6,546	6,987	6,546
Unrealized gains/losses on assets held on Consolidated Balance Sheet	186	389	277	806
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	331	395	421	463
Included in Earnings	110	32	173	44
Purchases
Sales	1	3	3	6
Issuances	92	173	113	246
Settlements	(150)	(205)	(326)	(361)
Ending Balance	384	398	384	398
Unrealized gains/losses on liabilities held on Consolidated Balance Sheet	101	29	164	33
Fair Value Additional Information [Abstract]
Net gains (losses) included in earnings (realized and unrealized) relating to Level 3 assets and liabilities	89	358	135	758
Net unrealized gains (losses) relating to Level 3 assets and liabilities	85	360	113	773
Loans held for sale \| Residential mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	242	108	243	81
Included in Earnings	(4)	(1)		(2)
Purchases	3	8	9	45
Sales	(41)	(30)	(42)	(32)
Settlements	(2)	(4)	(7)	(9)
Transfers into Level 3		9	3	14
Transfers out of Level 3	(7)	(7)	(15)	(14)
Ending Balance	191	83	191	83
Unrealized gains/losses on assets held on Consolidated Balance Sheet	(3)	(1)	1	(2)
Loans held for sale \| Commercial mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	32	45	33	49
Included in Earnings	1			(4)
Sales
Settlements	(8)	(7)	(8)	(7)
Ending Balance	25	38	25	38
Unrealized gains/losses on assets held on Consolidated Balance Sheet				(4)
Loans held for sale \| Other consumer loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Sales
Securities available for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	964	1,240	1,001	1,332
Included in Earnings	5	8	9	16
Included in other comprehensive income	13	(53)		(81)
Purchases	3	2	3	3
Sales
Settlements	(43)	(64)	(74)	(137)
Transfers into Level 3			3
Ending Balance	942	1,133	942	1,133
Securities available for sale \| Residential mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	787	1,019	819	1,097
Included in Earnings	4	7	8	15
Included in other comprehensive income	14	(43)	4	(66)
Settlements	(37)	(58)	(63)	(121)
Ending Balance	768	925	768	925
Securities available for sale \| Commercial mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	3	3	3	3
Included in Earnings
Included in other comprehensive income
Ending Balance	3	3	3	3
Securities available for sale \| Asset-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	121	152	124	163
Included in Earnings	1	1	1	1
Included in other comprehensive income	(1)	(9)		(13)
Settlements	(4)	(6)	(8)	(13)
Ending Balance	117	138	117	138
Securities available for sale \| Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	53	66	55	69
Included in Earnings
Included in other comprehensive income		(1)	(4)	(2)
Purchases	3	2	3	3
Sales
Settlements	(2)		(3)	(3)
Transfers into Level 3			3
Ending Balance	54	67	54	67
Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	757	851	769	884
Included in Earnings	3	10	6	21
Purchases	11	7	20	20
Sales	(1)	(1)	(1)	(8)
Settlements	(28)	(48)	(50)	(97)
Transfers into Level 3	8		15
Transfers out of Level 3	(5)	(15)	(14)	(16)
Ending Balance	745	804	745	804
Unrealized gains/losses on assets held on Consolidated Balance Sheet	3	9	6	21
Equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	1,835	1,751	1,778	1,680
Included in Earnings	24	92	145	145
Purchases	92	87	232	116
Sales	(328)	(63)	(398)	(74)
Transfers out of Level 3			(134)
Ending Balance	1,623	1,867	1,623	1,867
Unrealized gains/losses on assets held on Consolidated Balance Sheet	2	94	119	146
Mortgage Servicing Rights \| Residential mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	2,232	1,322	2,310	1,078
Included in Earnings	81	163	33	370
Purchases	91	181	109	257
Issuances	5	17	10	38
Settlements	(60)	(63)	(113)	(123)
Ending Balance	2,349	1,620	2,349	1,620
Unrealized gains/losses on assets held on Consolidated Balance Sheet	80	163	33	371
Mortgage Servicing Rights \| Commercial mortgage loans held for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	1,061	886	1,113	740
Included in Earnings	99	111	108	262
Purchases	9	17	17	25
Issuances	19	14	32	35
Settlements	(82)	(40)	(164)	(74)
Ending Balance	1,106	988	1,106	988
Unrealized gains/losses on assets held on Consolidated Balance Sheet	100	111	108	262
Financial derivatives
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	19	10	5	38
Included in Earnings	(10)	7	7	(6)
Purchases	2	2	3	3
Settlements	(5)	(6)	(9)	(22)
Ending Balance	6	13	6	13
Unrealized gains/losses on assets held on Consolidated Balance Sheet	4	13	10	12
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	97	234	123	285
Included in Earnings	79	18	118	23
Sales	1	3	3	6
Settlements	(37)	(42)	(104)	(101)
Ending Balance	140	213	140	213
Unrealized gains/losses on liabilities held on Consolidated Balance Sheet	80	19	122	18
Other borrowed funds
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	5	3	4	3
Issuances	3	2	6	4
Settlements	(3)	(2)	(5)	(4)
Ending Balance	5	3	5	3
Other liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	229	158	294	175
Included in Earnings	31	14	55	21
Purchases
Issuances	89	171	107	242
Settlements	(110)	(161)	(217)	(256)
Ending Balance	239	182	239	182
Unrealized gains/losses on liabilities held on Consolidated Balance Sheet	$ 21	$ 10	$ 42	$ 15

Fair Value (Fair Value Measurem

Fair Value (Fair Value Measurements - Recurring Quantitative Information) (Details) - Fair Value, Recurring $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 56,102	$ 59,135
Financial and nonfinancial liabilities, fair value disclosure	(8,486)	(9,378)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	6,987	7,252
Financial and nonfinancial liabilities, fair value disclosure	(384)	(421)
Total recurring assets net of recurring liabilities - fair value	6,603	6,831
Level 3 \| Loans held for sale \| Commercial mortgage loans held for sale \| Discounted Cash Flow, Spread Over the Benchmark Curve
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 25	$ 33
Level 3 \| Loans held for sale \| Commercial mortgage loans held for sale \| Discounted Cash Flow, Spread Over the Benchmark Curve \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	5.90%	5.85%
Level 3 \| Loans held for sale \| Commercial mortgage loans held for sale \| Discounted Cash Flow, Spread Over the Benchmark Curve \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	24.40%	24.65%
Level 3 \| Loans held for sale \| Commercial mortgage loans held for sale \| Discounted Cash Flow, Spread Over the Benchmark Curve \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	12.75%	9.59%
Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 768	$ 819
Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	2.31%	2.89%
Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 117	$ 124
Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	2.85%	2.96%
Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 556	$ 570
Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	3.60%	3.60%
Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	100%	100%
Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	61%	66.20%
Level 3 \| Loans - Residential real estate \| Discounted cash flow
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 76	$ 76
Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 21	$ 25
Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	3.60%	3.60%
Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	100%	100%
Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative default rate	68.20%	72.50%
Level 3 \| Loans - Home equity \| Consensus Pricing
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 92	$ 98
Level 3 \| Equity investments \| Multiple of adjusted earnings
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 1,623	$ 1,778
Level 3 \| Equity investments \| Multiple of adjusted earnings \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Multiple of earnings	0.045	0.045
Level 3 \| Equity investments \| Multiple of adjusted earnings \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Multiple of earnings	0.200	0.250
Level 3 \| Equity investments \| Multiple of adjusted earnings \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Multiple of earnings	0.093	0.091
Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 1,106	$ 1,113
Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Recurring assets - fair value	$ 2,349	$ 2,310
Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	2.54%	2.54%
Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	16.52%	16.53%
Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Spread over the benchmark curve	7.67%	7.66%
Level 3 \| Financial derivatives \| Visa Class B Swap \| Discounted cash flow
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial and nonfinancial liabilities, fair value disclosure	$ (131)	$ (107)
Estimated growth rate of Visa Class A share price	16%	16%
Level 3 \| Financial derivatives \| Visa Class B Swap \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated conversion factor of Class B shares into Class A shares	159%	160.60%
Level 3 \| Insignificant Assets, Net of Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Insignificant assets, fair value disclosure	$ 1	$ (8)
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.010	0.010
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.279	0.279
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.047	0.099
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.010	0.010
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.400	0.400
Measurement Input, Constant Prepayment Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.061	0.075
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.040	0.039
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.111	0.098
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.044	0.043
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0	0
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.419	0.345
Measurement Input, Constant Prepayment Rate \| Level 3 \| Mortgage Servicing Rights \| Residential mortgage loans held for sale \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.069	0.067
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0	0
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.120	0.130
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.030	0.040
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0	0
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.073	0.073
Measurement Input, Constant Default Rate \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.020	0.021
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.150	0.150
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.833	0.800
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Residential mortgage-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.455	0.461
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.300	0.200
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	1	1
Measurement Input, Loss Severity \| Level 3 \| Securities available for sale \| Asset-backed \| Priced By A Third Party Vendor Using Discounted Cash Flow Pricing Model \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities, measurement input	0.506	0.490
Measurement Input, Loss Severity \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0	0
Measurement Input, Loss Severity \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	1	1
Measurement Input, Loss Severity \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.057	0.062
Measurement Input, Loss Severity \| Level 3 \| Loans - Residential real estate \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.060	0.060
Measurement Input, Loss Severity \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0	0
Measurement Input, Loss Severity \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	1	1
Measurement Input, Loss Severity \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.159	0.153
Measurement Input, Discount Rate \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.055	0.055
Measurement Input, Discount Rate \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.075	0.075
Measurement Input, Discount Rate \| Level 3 \| Loans - Residential real estate - Uninsured \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.058	0.059
Measurement Input, Discount Rate \| Level 3 \| Loans - Residential real estate \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.084	0.079
Measurement Input, Discount Rate \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.055	0.055
Measurement Input, Discount Rate \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.075	0.075
Measurement Input, Discount Rate \| Level 3 \| Loans - Home equity - First-lien \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans, measurement input	0.063	0.065
Measurement Input, Discount Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.067	0.078
Measurement Input, Discount Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.103	0.101
Measurement Input, Discount Rate \| Level 3 \| Mortgage Servicing Rights \| Commercial mortgage loans held for sale \| Discounted cash flow \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing asset, measurement input	0.099	0.098
Credit And Liquidity Discount \| Level 3 \| Loans - Home equity \| Consensus Pricing \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit and liquidity discount	0.40%	0.40%
Credit And Liquidity Discount \| Level 3 \| Loans - Home equity \| Consensus Pricing \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit and liquidity discount	100%	100%
Credit And Liquidity Discount \| Level 3 \| Loans - Home equity \| Consensus Pricing \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit and liquidity discount	45%	46.20%

Fair Value (Nonrecurring Fair V

Fair Value (Nonrecurring Fair Value Measurements) (Details) - Fair Value, Nonrecurring - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	$ 903		$ 903		$ 448
Nonrecurring Assets - Gains (Losses)	(114)	$ (21)	(198)	$ (33)
Level 3 \| Nonaccrual loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	373		373		280
Nonrecurring Assets - Gains (Losses)	(99)	(19)	(174)	(28)
Level 3 \| Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	87		87		135
Nonrecurring Assets - Gains (Losses)	(5)	1	(8)
Level 3 \| OREO and foreclosed assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	8		8		10
Nonrecurring Assets - Gains (Losses)			(1)
Level 3 \| Long-lived assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	435		435		23
Nonrecurring Assets - Gains (Losses)	(10)	$ (3)	(15)	$ (5)
Level 1 \| Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring Assets - Fair Value	$ 22		$ 22		$ 42

Fair Value (Fair Value Option -

Fair Value (Fair Value Option - Fair Value and Principal Balances) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	$ 1,259	$ 1,310
Aggregate unpaid principal balance of assets for which fair value option was elected	1,507	1,568
Fair value option aggregate difference assets	(248)	(258)
Other assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	64	80
Aggregate unpaid principal balance of assets for which fair value option was elected	65	80
Fair value option aggregate difference assets	(1)
Other borrowed funds
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of liabilities for which fair value option was elected	32	31
Aggregate unpaid principal balance, other borrowed funds	33	32
Difference, Other borrowed funds	(1)	(1)
Other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of liabilities for which fair value option was elected	127	196
Difference, Other borrowed funds	127	196
Accruing loans less than 90 days past due \| Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	510	509
Aggregate unpaid principal balance of assets for which fair value option was elected	523	521
Fair value option aggregate difference assets	(13)	(12)
Accruing loans 90 days or more past due \| Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	132	155
Aggregate unpaid principal balance of assets for which fair value option was elected	143	167
Fair value option aggregate difference assets	(11)	(12)
Nonaccrual loans \| Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	617	646
Aggregate unpaid principal balance of assets for which fair value option was elected	841	880
Fair value option aggregate difference assets	(224)	(234)
Residential mortgage loans held for sale \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	686	654
Aggregate unpaid principal balance of assets for which fair value option was elected	713	687
Fair value option aggregate difference assets	(27)	(33)
Residential mortgage loans held for sale \| Accruing loans less than 90 days past due \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	651	609
Aggregate unpaid principal balance of assets for which fair value option was elected	671	633
Fair value option aggregate difference assets	(20)	(24)
Residential mortgage loans held for sale \| Accruing loans 90 days or more past due \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	2	5
Aggregate unpaid principal balance of assets for which fair value option was elected	2	5
Residential mortgage loans held for sale \| Nonaccrual loans \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	33	40
Aggregate unpaid principal balance of assets for which fair value option was elected	40	49
Fair value option aggregate difference assets	(7)	(9)
Commercial mortgage loans held for sale \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	64	276
Aggregate unpaid principal balance of assets for which fair value option was elected	95	300
Fair value option aggregate difference assets	(31)	(24)
Commercial mortgage loans held for sale \| Accruing loans less than 90 days past due \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	49	261
Aggregate unpaid principal balance of assets for which fair value option was elected	51	256
Fair value option aggregate difference assets	(2)	5
Commercial mortgage loans held for sale \| Nonaccrual loans \| Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value - assets	15	15
Aggregate unpaid principal balance of assets for which fair value option was elected	44	44
Fair value option aggregate difference assets	$ (29)	$ (29)

Fair Value (Fair Value Option_2

Fair Value (Fair Value Option - Changes in Fair Value) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Loans held for sale \| Residential mortgage loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	$ 2	$ (23)	$ 17	$ (63)
Loans held for sale \| Commercial mortgage loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	22	14	23	20
Loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	5	15	9	36
Other assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	2	(11)	(12)	(18)
Other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (losses) - FVO: changes in fair value	$ (21)	$ (10)	$ (41)	$ (16)

Fair Value (Additional Fair Val

Fair Value (Additional Fair Value Information Related To Financial Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Financial Instruments, Financial Assets, Balance Sheet Groupings
Securities held to maturity	$ 88,896	$ 90,279
Carrying Amount
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,191	7,043
Interest-earning deposits with banks	38,259	27,320
Securities held to maturity	93,879	95,183
Net loans (excludes leases)	309,365	313,460
Other assets	5,971	6,022
Total assets	453,665	449,028
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	22,864	18,470
Borrowed funds	64,060	57,182
Unfunded lending related commitments	663	694
Other liabilities	948	660
Total liabilities	88,535	77,006
Fair Value
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,191	7,043
Interest-earning deposits with banks	38,259	27,320
Securities held to maturity	88,896	90,279
Net loans (excludes leases)	301,597	310,864
Other assets	5,971	6,022
Total assets	440,914	441,528
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	22,696	18,298
Borrowed funds	64,278	57,557
Unfunded lending related commitments	663	694
Other liabilities	948	660
Total liabilities	88,585	77,209
Fair Value \| Level 1
Financial Instruments, Financial Assets, Balance Sheet Groupings
Cash and due from banks	6,191	7,043
Securities held to maturity	30,939	30,748
Total assets	37,130	37,791
Fair Value \| Level 2
Financial Instruments, Financial Assets, Balance Sheet Groupings
Interest-earning deposits with banks	38,259	27,320
Securities held to maturity	57,808	59,377
Other assets	5,958	6,020
Total assets	102,025	92,717
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Time deposits	22,696	18,298
Borrowed funds	62,441	55,922
Other liabilities	948	660
Total liabilities	86,085	74,880
Fair Value \| Level 3
Financial Instruments, Financial Assets, Balance Sheet Groupings
Securities held to maturity	149	154
Net loans (excludes leases)	301,597	310,864
Other assets	13	2
Total assets	301,759	311,020
Financial Instruments, Financial Liabilities, Balance Sheet Groupings
Borrowed funds	1,837	1,635
Unfunded lending related commitments	663	694
Total liabilities	$ 2,500	$ 2,329

Financial Derivatives (Total De

Financial Derivatives (Total Derivatives) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Derivative, notional amount	$ 1,141,175	$ 581,268
Derivative asset, fair value	3,220	3,768
Derivative liability, fair value	7,003	7,618
Derivative asset, fair value offset amount	1,303	1,523
Derivative liability, fair value offset amount	1,303	1,523
Derivative asset, cash collateral	1,134	714
Derivative liability, cash collateral	1,135	1,571
Derivative asset, net fair value	783	1,531
Derivative liability, net fair value	4,565	4,524
Commodity contracts:
Derivative [Line Items]
Derivative asset, fair value	622	1,208
Derivative liability, fair value	649	1,269
Derivative asset, cash collateral	104	2
Derivative liability, cash collateral	23	520
Foreign exchange contracts and other
Derivative [Line Items]
Derivative asset, fair value	342	437
Derivative liability, fair value	477	520
Derivative asset, cash collateral	119	82
Derivative liability, cash collateral	8	10
Mortgage Banking \| Overlay Swap \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	26,000
Customer Contracts \| Overlay Swap \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	423,000
Designated as Hedging Instruments under GAAP
Derivative [Line Items]
Derivative, notional amount	136,111	65,661
Derivative asset, fair value		24
Derivative liability, fair value	25	1
Designated as Hedging Instruments under GAAP \| Fair value hedges \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	48,088	24,231
Designated as Hedging Instruments under GAAP \| Fair value hedges \| Overlay Swap \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	18,800
Designated as Hedging Instruments under GAAP \| Cash flow hedges \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	86,922	40,310
Derivative liability, fair value	3	1
Designated as Hedging Instruments under GAAP \| Cash flow hedges \| Overlay Swap \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	47,000
Designated as Hedging Instruments under GAAP \| Net investment hedges \| Foreign exchange contracts:
Derivative [Line Items]
Derivative, notional amount	1,101	1,120
Derivative asset, fair value		24
Derivative liability, fair value	22
Not Designated as Hedging Instrument under GAAP
Derivative [Line Items]
Derivative, notional amount	1,005,064	515,607
Derivative asset, fair value	3,220	3,744
Derivative liability, fair value	6,978	7,617
Not Designated as Hedging Instrument under GAAP \| Mortgage Banking \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	99,341	75,978
Derivative asset, fair value	133	182
Derivative liability, fair value	76	104
Not Designated as Hedging Instrument under GAAP \| Mortgage Banking \| Swaps \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	73,477	47,908
Derivative asset, fair value		7
Derivative liability, fair value	1	1
Not Designated as Hedging Instrument under GAAP \| Mortgage Banking \| Futures \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	8,026	5,537
Not Designated as Hedging Instrument under GAAP \| Mortgage Banking \| Mortgage-backed commitments \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	5,277	4,516
Derivative asset, fair value	68	85
Derivative liability, fair value	63	89
Not Designated as Hedging Instrument under GAAP \| Mortgage Banking \| Other \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	12,561	18,017
Derivative asset, fair value	65	90
Derivative liability, fair value	12	14
Not Designated as Hedging Instrument under GAAP \| Customer Contracts
Derivative [Line Items]
Derivative, notional amount	883,848	426,844
Derivative asset, fair value	3,053	3,515
Derivative liability, fair value	6,703	7,286
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	844,087	386,052
Derivative asset, fair value	2,123	1,941
Derivative liability, fair value	5,798	5,724
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	9,335	10,280
Derivative asset, fair value	622	1,208
Derivative liability, fair value	649	1,269
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Foreign exchange contracts and other
Derivative [Line Items]
Derivative, notional amount	30,426	30,512
Derivative asset, fair value	308	366
Derivative liability, fair value	256	293
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Swaps \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	811,705	354,150
Derivative asset, fair value	1,798	1,597
Derivative liability, fair value	5,501	5,397
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Swaps \| Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	6,084	5,792
Derivative asset, fair value	525	1,003
Derivative liability, fair value	552	1,067
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Futures \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	72	32
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Mortgage-backed commitments \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	3,531	2,799
Derivative asset, fair value	11	10
Derivative liability, fair value	5	6
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Other \| Interest Rate Contracts
Derivative [Line Items]
Derivative, notional amount	28,779	29,071
Derivative asset, fair value	314	334
Derivative liability, fair value	292	321
Not Designated as Hedging Instrument under GAAP \| Customer Contracts \| Other \| Commodity contracts:
Derivative [Line Items]
Derivative, notional amount	3,251	4,488
Derivative asset, fair value	97	205
Derivative liability, fair value	97	202
Not Designated as Hedging Instrument under GAAP \| Other Risk Management Activity \| Foreign exchange contracts and other
Derivative [Line Items]
Derivative, notional amount	21,875	12,785
Derivative asset, fair value	34	47
Derivative liability, fair value	$ 199	$ 227

Financial Derivatives (Narrativ

Financial Derivatives (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
Financial Derivatives (Narrative) (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative [Line Items]
Gain (loss) from components excluded from assessment of net investment hedge effectiveness net			$ 0
Gain (loss) on net investment hedge derivatives	$ (28,000,000)	$ 0	(46,000,000)	$ 0
Cash and securities held to collateralize net derivative assets	2,100,000,000		2,100,000,000
Cash and securities pledged to collateralize net derivative liabilities	$ 2,100,000,000		2,100,000,000
Cash flow hedges \| Interest Rate Contracts
Derivative [Line Items]
Cash flow hedge loss to be reclassified within twelve months			1,500,000,000
Cash flow hedge loss to be reclassified within twelve months, net of tax			$ 1,200,000,000
Maximum length of time hedged in cash flow hedge			10 years

Financial Derivatives (Gains (L

Financial Derivatives (Gains (Losses) Recognized on Fair Value and Cash Flow Hedges in the Consolidated Income Statement) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Loans	$ 4,523	$ 2,504	$ 8,781	$ 4,797
Investment Securities	883	631	1,768	1,175
Borrowed Funds	903	142	1,686	225
Noninterest income	$ 1,783	$ 2,065	$ 3,801	$ 3,953
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Investment Securities, Interest Expense	Investment Securities, Interest Expense	Investment Securities, Interest Expense	Investment Securities, Interest Expense
Other
Derivative Instruments, Gain (Loss) [Line Items]
Noninterest income	$ 129	$ 177	$ 387	$ 388
Fair value hedges \| Designated as Hedging Instrument \| Investment Securities
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	50	30	5	49
Fair value hedges \| Designated as Hedging Instrument \| Investment Securities \| Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	(48)	(28)	(1)	(46)
Amounts related to interest settlements on derivatives	7	(2)	12	(3)
Fair value hedges \| Designated as Hedging Instrument \| Borrowed Funds
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives	(439)	(451)	(148)	(1,395)
Fair value hedges \| Designated as Hedging Instrument \| Borrowed Funds \| Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	432	443	135	1,377
Amounts related to interest settlements on derivatives	(147)	74	(260)	184
Cash flow hedges \| Designated as Hedging Instrument \| Loans \| Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income	(365)	25	(690)	117
Cash flow hedges \| Designated as Hedging Instrument \| Investment Securities \| Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income	$ (8)		$ (13)	10
Cash flow hedges \| Designated as Hedging Instrument \| Other \| Noninterest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of derivative gains (losses) reclassified from accumulated other comprehensive income

Financial Derivatives (Impact o

Financial Derivatives (Impact of Fair Value Hedge Accounting on the Carrying Value of Hedged Items) (Details) - Fair value hedges - Designated as Hedging Instruments under GAAP - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment Securities
Derivative Instruments, Gain (Loss) [Line Items]
Carrying Value of the Hedged Items	$ 1,915	$ 2,376
Cumulative Fair Value Hedge Adjustment included in the Carrying Value of Hedged Items	(124)	(121)
Borrowed Funds
Derivative Instruments, Gain (Loss) [Line Items]
Carrying Value of the Hedged Items	26,360	21,781
Cumulative Fair Value Hedge Adjustment included in the Carrying Value of Hedged Items	(1,417)	(1,283)
Borrowed Funds Discontinued Relationships
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative fair value hedge adjustment included in carrying value of hedged items	$ (100)	$ (100)

Financial Derivatives (Gains _2

Financial Derivatives (Gains (Losses) on Derivatives Not Designated As Hedging Instruments under GAAP) (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	$ (230)	$ 75	$ (142)	$ (2)
Mortgage Banking \| Interest Rate Contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	(184)	(190)	(77)	(455)
Customer Contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	91	49	149	190
Customer Contracts \| Interest Rate Contracts
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	33	69	35	166
Customer Contracts \| Foreign exchange contracts and other
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	58	(20)	114	24
Other Risk Management Activity \| Foreign exchange contracts and other
Derivative [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	$ (137)	$ 216	$ (214)	$ 263

Financial Derivatives (Derivati

Financial Derivatives (Derivative Assets and Liabilities Offsetting) (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Offsetting Derivative Assets [Abstract]
Derivative asset, gross fair value	$ 3,220	$ 3,768
Derivative Asset, Fair Value Offset Amount	1,303	1,523
Derivative asset, cash collateral	1,134	714
Derivative Asset, Net	783	1,531
Derivative Asset, Securities Collateral Held Under Master Netting Agreements	75	34
Derivative Asset, Fair Value, Amount Offset Against Collateral	708	1,497
Offsetting Derivative Liabilities [Abstract]
Derivative liability, gross fair value	7,003	7,618
Derivative liability, fair value offset amount	1,303	1,523
Derivative liability, cash collateral	1,135	1,571
Derivative liability, net	4,565	4,524
Derivative liability, fair value of collateral	75	82
Derivative liability, fair value, amount offset against collateral	4,490	4,442
Interest Rate Contracts \| Over-the-counter cleared
Offsetting Derivative Assets [Abstract]
Derivative asset, gross fair value	26	23
Derivative Asset, Net	26	23
Derivative Asset, Fair Value, Amount Offset Against Collateral	26	23
Offsetting Derivative Liabilities [Abstract]
Derivative liability, gross fair value	19	28
Derivative liability, net	19	28
Derivative liability, fair value, amount offset against collateral	19	28
Interest Rate Contracts \| Over-the-counter
Offsetting Derivative Assets [Abstract]
Derivative asset, gross fair value	2,230	2,100
Derivative Asset, Fair Value Offset Amount	846	974
Derivative asset, cash collateral	911	630
Derivative Asset, Net	473	496
Derivative Asset, Securities Collateral Held Under Master Netting Agreements	75	34
Derivative Asset, Fair Value, Amount Offset Against Collateral	398	462
Offsetting Derivative Liabilities [Abstract]
Derivative liability, gross fair value	5,858	5,801
Derivative liability, fair value offset amount	633	625
Derivative liability, cash collateral	1,104	1,041
Derivative liability, net	4,121	4,135
Derivative liability, fair value of collateral	75	78
Derivative liability, fair value, amount offset against collateral	4,046	4,057
Commodity contracts:
Offsetting Derivative Assets [Abstract]
Derivative asset, gross fair value	622	1,208
Derivative Asset, Fair Value Offset Amount	337	335
Derivative asset, cash collateral	104	2
Derivative Asset, Net	181	871
Derivative Asset, Fair Value, Amount Offset Against Collateral	181	871
Offsetting Derivative Liabilities [Abstract]
Derivative liability, gross fair value	649	1,269
Derivative liability, fair value offset amount	497	679
Derivative liability, cash collateral	23	520
Derivative liability, net	129	70
Derivative liability, fair value of collateral		4
Derivative liability, fair value, amount offset against collateral	129	66
Foreign exchange contracts and other
Offsetting Derivative Assets [Abstract]
Derivative asset, gross fair value	342	437
Derivative Asset, Fair Value Offset Amount	120	214
Derivative asset, cash collateral	119	82
Derivative Asset, Net	103	141
Derivative Asset, Fair Value, Amount Offset Against Collateral	103	141
Offsetting Derivative Liabilities [Abstract]
Derivative liability, gross fair value	477	520
Derivative liability, fair value offset amount	173	219
Derivative liability, cash collateral	8	10
Derivative liability, net	296	291
Derivative liability, fair value, amount offset against collateral	$ 296	$ 291

Financial Derivatives (Credit-R

Financial Derivatives (Credit-Risk Contingent Features) (Details) - USD ($) $ in Billions	Jun. 30, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative, net liability position, aggregate fair value	$ 5.4	$ 5.8
Collateral already posted, aggregate fair value	1.2	1.7
Maximum amount of collateral PNC would have been required to post if the credit-risk-related contingent features underlying these agreements had been triggered	$ 4.2	$ 4.1

Legal Proceedings (Narrative) (

Legal Proceedings (Narrative) (Details) $ in Millions	Jun. 30, 2023 USD ($)
SEC Schedule, 12-09, Reserve, Legal \| Maximum
Loss Contingencies [Line Items]
Range of possible loss not accrued	$ 300

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	6 Months Ended
Segment Reporting (Narrative) (Details)	Jun. 30, 2023 segment operating_unit
Segment Reporting [Abstract]
Segment reporting, number of segments \| segment	3
Number of distinct operating units \| operating_unit	2

Segment Reporting (Segment Repo

Segment Reporting (Segment Reporting Table) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Net interest income	$ 3,510	$ 3,051	$ 7,095	$ 5,855
Noninterest income	1,783	2,065	3,801	3,953
Total revenue	5,293	5,116	10,896	9,808
Provision for (recapture of) credit losses	146	36	381	(172)
Depreciation and amortization	284	289	565	566
Other noninterest expense	3,088	2,955	6,128	5,850
Income (loss) before income taxes (benefit) and noncontrolling interests	1,775	1,836	3,822	3,564
Income taxes (benefit)	275	340	628	639
Net income from continuing operations	1,500	1,496	3,194	2,925
Less: Net income attributable to noncontrolling interests	17	15	34	36
Net income (loss) excluding noncontrolling interests	1,483	1,481	3,160	2,889
Average Assets	555,507	546,878	558,901	549,127
Retail Banking
Segment Reporting Information [Line Items]
Noninterest income	702	748	1,445	1,493
Retail Banking \| Operating Segments
Segment Reporting Information [Line Items]
Net interest income	2,448	1,662	4,729	3,193
Noninterest income	702	748	1,445	1,493
Total revenue	3,150	2,410	6,174	4,686
Provision for (recapture of) credit losses	(14)	55	224	(26)
Depreciation and amortization	81	83	159	157
Other noninterest expense	1,823	1,830	3,672	3,648
Income (loss) before income taxes (benefit) and noncontrolling interests	1,260	442	2,119	907
Income taxes (benefit)	295	105	497	214
Net income from continuing operations	965	337	1,622	693
Less: Net income attributable to noncontrolling interests	11	15	21	31
Net income (loss) excluding noncontrolling interests	954	322	1,601	662
Average Assets	114,826	113,068	115,103	112,415
Corporate & Institutional Banking
Segment Reporting Information [Line Items]
Noninterest income	821	968	1,707	1,772
Corporate & Institutional Banking \| Operating Segments
Segment Reporting Information [Line Items]
Net interest income	1,349	1,232	2,732	2,375
Noninterest income	821	968	1,707	1,772
Total revenue	2,170	2,200	4,439	4,147
Provision for (recapture of) credit losses	209	(17)	181	(135)
Depreciation and amortization	53	51	107	103
Other noninterest expense	868	883	1,753	1,668
Income (loss) before income taxes (benefit) and noncontrolling interests	1,040	1,283	2,398	2,511
Income taxes (benefit)	218	277	512	545
Net income from continuing operations	822	1,006	1,886	1,966
Less: Net income attributable to noncontrolling interests	5	3	10	7
Net income (loss) excluding noncontrolling interests	817	1,003	1,876	1,959
Average Assets	234,174	219,513	234,354	210,171
Asset Management Group
Segment Reporting Information [Line Items]
Noninterest income	228	234	458	482
Asset Management Group \| Operating Segments
Segment Reporting Information [Line Items]
Net interest income	125	153	252	291
Noninterest income	228	234	458	482
Total revenue	353	387	710	773
Provision for (recapture of) credit losses	(10)	5	(1)	7
Depreciation and amortization	7	8	13	14
Other noninterest expense	273	262	547	507
Income (loss) before income taxes (benefit) and noncontrolling interests	83	112	151	245
Income taxes (benefit)	20	26	36	57
Net income from continuing operations	63	86	115	188
Less: Net income attributable to noncontrolling interests
Net income (loss) excluding noncontrolling interests	63	86	115	188
Average Assets	15,562	14,449	15,282	14,126
Other
Segment Reporting Information [Line Items]
Net interest income	(412)	4	(618)	(4)
Noninterest income	32	115	191	206
Total revenue	(380)	119	(427)	202
Provision for (recapture of) credit losses	(39)	(7)	(23)	(18)
Depreciation and amortization	143	147	286	292
Other noninterest expense	124	(20)	156	27
Income (loss) before income taxes (benefit) and noncontrolling interests	(608)	(1)	(846)	(99)
Income taxes (benefit)	(258)	(68)	(417)	(177)
Net income from continuing operations	(350)	67	(429)	78
Less: Net income attributable to noncontrolling interests	1	(3)	3	(2)
Net income (loss) excluding noncontrolling interests	(351)	70	(432)	80
Average Assets	$ 190,945	$ 199,848	$ 194,162	$ 212,415

Fee-Based Revenue from Contra_3

Fee-Based Revenue from Contracts with Customers (Narrative) (Details)	6 Months Ended
	Jun. 30, 2023 segment
Revenue from Contract with Customer [Abstract]
Segment reporting, number of segments	3

Fee-Based Revenue from Contra_4

Fee-Based Revenue from Contracts with Customers (Noninterest Income by Business Segment and Reconciliation to Consolidated Noninterest Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Noninterest income	$ 1,783	$ 2,065	$ 3,801	$ 3,953
Total in-scope noninterest income
Disaggregation of Revenue [Line Items]
Noninterest income	1,393	1,520	2,779	2,853
Out-of-Scope
Disaggregation of Revenue [Line Items]
Noninterest income	358	430	831	894
Other
Disaggregation of Revenue [Line Items]
Noninterest income	129	177	387	388
Retail Banking
Disaggregation of Revenue [Line Items]
Noninterest income	702	748	1,445	1,493
Retail Banking \| Asset management and brokerage
Disaggregation of Revenue [Line Items]
Noninterest income	124	135	254	269
Retail Banking \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	320	329	616	618
Retail Banking \| Lending and deposit services
Disaggregation of Revenue [Line Items]
Noninterest income	169	162	342	321
Retail Banking \| Total in-scope noninterest income
Disaggregation of Revenue [Line Items]
Noninterest income	613	626	1,212	1,208
Retail Banking \| Out-of-Scope
Disaggregation of Revenue [Line Items]
Noninterest income	89	122	233	285
Retail Banking \| Brokerage fees \| Asset management and brokerage
Disaggregation of Revenue [Line Items]
Noninterest income	124	135	254	269
Retail Banking \| Treasury management fees \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	11	10	21	19
Retail Banking \| Debit card fees \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	178	177	343	338
Retail Banking \| Net credit card fees \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	61	63	119	118
Retail Banking \| Merchant services \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	45	52	84	93
Retail Banking \| Other \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	25	27	49	50
Retail Banking \| Deposit account fees \| Lending and deposit services
Disaggregation of Revenue [Line Items]
Noninterest income	151	145	306	287
Retail Banking \| Other \| Lending and deposit services
Disaggregation of Revenue [Line Items]
Noninterest income	18	17	36	34
Retail Banking \| Net credit card fees \| In-Scope
Disaggregation of Revenue [Line Items]
Interchange fees	173	172	333	320
Credit card reward costs	112	109	214	202
Corporate & Institutional Banking
Disaggregation of Revenue [Line Items]
Noninterest income	821	968	1,707	1,772
Corporate & Institutional Banking \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	364	341	711	660
Corporate & Institutional Banking \| Lending and deposit services
Disaggregation of Revenue [Line Items]
Noninterest income	8	9	16	17
Corporate & Institutional Banking \| Total in-scope noninterest income
Disaggregation of Revenue [Line Items]
Noninterest income	556	664	1,117	1,172
Corporate & Institutional Banking \| Out-of-Scope
Disaggregation of Revenue [Line Items]
Noninterest income	265	304	590	600
Corporate & Institutional Banking \| Treasury management fees \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	345	327	673	629
Corporate & Institutional Banking \| Merchant services \| Card and cash management
Disaggregation of Revenue [Line Items]
Noninterest income	19	14	38	31
Corporate & Institutional Banking \| Other \| Lending and deposit services
Disaggregation of Revenue [Line Items]
Noninterest income	8	9	16	17
Corporate & Institutional Banking \| Residential and commercial mortgage
Disaggregation of Revenue [Line Items]
Noninterest income	40	33	82	64
Corporate & Institutional Banking \| Capital markets and advisory
Disaggregation of Revenue [Line Items]
Noninterest income	130	272	286	409
Corporate & Institutional Banking \| Other
Disaggregation of Revenue [Line Items]
Noninterest income	14	9	22	22
Asset Management Group
Disaggregation of Revenue [Line Items]
Noninterest income	228	234	458	482
Asset Management Group \| Asset management and brokerage
Disaggregation of Revenue [Line Items]
Noninterest income	224	230	450	473
Asset Management Group \| Total in-scope noninterest income
Disaggregation of Revenue [Line Items]
Noninterest income	224	230	450	473
Asset Management Group \| Out-of-Scope
Disaggregation of Revenue [Line Items]
Noninterest income	4	4	8	9
Asset Management Group \| Asset management fees \| Asset management and brokerage
Disaggregation of Revenue [Line Items]
Noninterest income	222	228	446	469
Asset Management Group \| Brokerage fees \| Asset management and brokerage
Disaggregation of Revenue [Line Items]
Noninterest income	2	2	4	4
Other
Disaggregation of Revenue [Line Items]
Noninterest income	$ 32	$ 115	$ 191	$ 206

Regulatory Matters (Details)

Regulatory Matters (Details) - Forecast $ in Millions	7 Months Ended
Regulatory Matters (Details) - Forecast $ in Millions	Dec. 31, 2023 USD ($)
FDIC [Line Items]
FDIC deposit insurance cost, post tax	$ 370
FDIC deposit insurance cost, pre tax	$ 468