v3.25.1
Other Assets and Liabilites (Tables)
 3 Months Ended
Mar. 31, 2025
Other Assets [Abstract]  
Lessee, Operating Lease, Liability, Maturity The following tables present additional information on leases, excluding leases related to the lease financing businesses:
March 31, 2025December 31, 2024
(Dollars in millions)Operating LeasesFinance LeasesOperating LeasesFinance Leases
ROU assets$992 $16 $1,015 $17 
Lease liabilities1,263 18 1,301 19 
Weighted average remaining term6.7 years7.6 years6.7 years7.8 years
Weighted average discount rate3.6 %5.1 %3.5 %5.1 %
Three Months Ended March 31,
(Dollars in millions)20252024
Operating lease costs$68 $77 
Schedule of Assets Held Under Operating Leases and Related Activities The following table presents a summary of assets under operating leases held for investment. This table excludes subleases on assets included in premises and equipment.
(Dollars in millions)Mar 31, 2025Dec 31, 2024
Assets held under operating leases(1)(2)
$1,953 $1,843 
Accumulated depreciation (541)(539)
Net$1,412 $1,304 
(1)Includes certain land parcels subject to operating leases that have indefinite lives.
(2)Excludes operating leases held-for-sale that totaled $15 million and $18 million at March 31, 2025 and December 31, 2024, respectively.