v3.25.1
Operating Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income $ 3,507 $ 3,372  
Allocated provision for credit losses 458 500  
Noninterest Income 1,392 1,446  
Personnel expense 1,587 1,630  
Amortization of Intangible Assets 75 88  
Restructuring Charges 38 51  
Other expenses 2,906 2,953  
Income before income taxes 1,535 1,365  
Provision for income taxes 274 232  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 1,261 1,133  
Identifiable assets (period end) of continuing operations 535,899   $ 531,176
CSBB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 1,426 1,267  
WB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 1,892 2,231  
OT&C      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income [1] 189 (126)  
Operating Segments      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 3,507 3,372  
Allocated provision for credit losses 458 500  
Noninterest Income 1,392 1,446  
Personnel expense 1,587 1,630  
Amortization of Intangible Assets 75 88  
Restructuring Charges 38 51  
Other direct noninterest expense [2] 1,206 1,184  
Total direct noninterest expense 2,906 2,953  
Expense allocation 0 0  
Other expenses 2,906 2,953  
Income before income taxes 1,535 1,365  
Provision for income taxes 274 232  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 1,261 1,133  
Identifiable assets (period end) of continuing operations 535,899 527,187  
Operating Segments | CSBB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 2,284 2,477  
Allocated provision for credit losses 328 313  
Noninterest Income 503 497  
Personnel expense 408 405  
Amortization of Intangible Assets 39 46  
Restructuring Charges 0 1  
Other direct noninterest expense [2] 275 244  
Total direct noninterest expense 722 696  
Expense allocation 941 890  
Other expenses 1,663 1,586  
Income before income taxes 796 1,075  
Provision for income taxes 194 259  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 602 816  
Identifiable assets (period end) of continuing operations 147,376 143,381  
Operating Segments | WB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 1,593 1,616  
Allocated provision for credit losses 131 188  
Noninterest Income 949 980  
Personnel expense 548 580  
Amortization of Intangible Assets 36 42  
Restructuring Charges 1 7  
Other direct noninterest expense [2] 192 176  
Total direct noninterest expense 777 805  
Expense allocation 524 528  
Other expenses 1,301 1,333  
Income before income taxes 1,110 1,075  
Provision for income taxes 222 209  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 888 866  
Identifiable assets (period end) of continuing operations 209,135 209,188  
Operating Segments | OT&C      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income [1] (370) (721)  
Allocated provision for credit losses [1] (1) (1)  
Noninterest Income [1] (60) (31)  
Personnel expense [1] 631 645  
Amortization of Intangible Assets [1] 0 0  
Restructuring Charges [1] 37 43  
Other direct noninterest expense [1],[2] 739 764  
Total direct noninterest expense [1] 1,407 1,452  
Expense allocation [1] (1,465) (1,418)  
Other expenses [1] (58) 34  
Income before income taxes [1] (371) (785)  
Provision for income taxes [1] (142) (236)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent [1] (229) (549)  
Identifiable assets (period end) of continuing operations [1] 179,388 174,618  
Intersegment Eliminations      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 0 0  
Intersegment Eliminations | CSBB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income 858 1,210  
Intersegment Eliminations | WB      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income (299) (615)  
Intersegment Eliminations | OT&C      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Net Interest Income [1] $ (559) $ (595)  
[1]
(1)As described above, includes the Company’s investment securities portfolio, most long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, most bank-owned real estate assets, as well as functional activities such as finance, enterprise risk, legal, and enterprise technology and management. Additionally, houses intersegment eliminations, including for residual interest rate risk, intersegment net referral fees, and expense allocations. May also include financial data from business units below the quantitative and qualitative thresholds requiring disclosure.
[2] Other direct noninterest expense within the table above includes expenses for occupancy and equipment, professional fees and outside processing, regulatory costs, and other expenses.