v3.26.3
FAIR VALUES OF ASSETS AND LIABILITIES - Balance Sheet Location (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Financial Assets    
Fair Value $ 34,623 $ 26,132
Held-to-maturity securities 14,733 15,258
Loans held for sale 1,567 1,415
Net loans and leases [1] 188,227 147,105
Derivative assets, gross 1,244 507
Derivative assets netting (746) (260)
Derivative assets, net 498 247
Financial Liabilities    
Total deposits 224,678 176,610
Short-term borrowings 6,066 1,261
Long-term borrowings [1] 17,341 17,221
Derivative liabilities, gross 1,597 519
Derivative liabilities, netting adjustments (337) (169)
Derivative liabilities, net 1,260 350
Time deposits in excess of the FDIC insurance coverage limit 3,500 2,100
Level 1    
Financial Assets    
Fair Value 8,454 4,635
Derivative assets, gross 0 0
Financial Liabilities    
Derivative liabilities, gross 0 0
Level 2    
Financial Assets    
Fair Value 21,734 17,389
Derivative assets, gross 1,239 499
Financial Liabilities    
Derivative liabilities, gross 1,592 514
Level 3    
Financial Assets    
Fair Value 4,435 4,108
Derivative assets, gross 5 8
Financial Liabilities    
Derivative liabilities, gross 5 5
Reported Value Measurement    
Financial Assets    
Cash and short-term assets 17,396 14,078
Trading account assets 345 63
Fair Value 34,623 26,132
Held-to-maturity securities 14,733 15,258
Other securities 1,433 994
Loans held for sale 1,567 1,415
Net loans and leases 188,227 147,105
Derivative assets, net 498 247
Assets held in trust for deferred compensation plans 234 216
Financial Liabilities    
Total deposits 224,678 176,610
Short-term borrowings 6,066 1,261
Long-term borrowings 17,341 17,221
Derivative liabilities, net 1,260 350
Estimate of Fair Value Measurement    
Financial Assets    
Cash and short-term assets 17,396 14,078
Trading account assets 345 63
Fair Value 34,623 26,132
Held-to-maturity securities 12,466 13,636
Other securities 1,433 994
Loans held for sale 1,567 1,420
Net loans and leases 184,671 146,273
Derivative assets netting (746) (260)
Derivative assets, net 498 247
Assets held in trust for deferred compensation plans 234 216
Other securities 62 42
Financial Liabilities    
Total deposits 224,651 176,610
Short-term borrowings 6,066 1,261
Long-term borrowings 17,378 17,479
Derivative liabilities, netting adjustments (337) (169)
Derivative liabilities, net 1,260 350
Estimate of Fair Value Measurement | Level 1    
Financial Assets    
Trading account assets 42 0
Fair Value 8,454 4,635
Held-to-maturity securities 2,340 2,368
Loans held for sale 0 0
Net loans and leases 0 0
Derivative assets, gross 0 0
Other securities 28 30
Financial Liabilities    
Total deposits 0 0
Short-term borrowings 293 131
Long-term borrowings 0 0
Derivative liabilities, gross 0 0
Estimate of Fair Value Measurement | Level 2    
Financial Assets    
Trading account assets 303 63
Fair Value 21,734 17,389
Held-to-maturity securities 10,126 11,268
Loans held for sale 1,154 885
Net loans and leases 101 105
Derivative assets, gross 1,239 499
Other securities 34 12
Financial Liabilities    
Total deposits 202,221 158,472
Short-term borrowings 5,773 1,130
Long-term borrowings 13,589 12,336
Derivative liabilities, gross 1,592 514
Estimate of Fair Value Measurement | Level 3    
Financial Assets    
Trading account assets 0 0
Fair Value 4,435 4,108
Held-to-maturity securities 0 0
Loans held for sale 413 535
Net loans and leases 184,570 146,168
Derivative assets, gross 5 8
Other securities 0 0
Financial Liabilities    
Total deposits 22,430 18,138
Short-term borrowings 0 0
Long-term borrowings 3,789 5,143
Derivative liabilities, gross 5 5
Amortized Cost | Reported Value Measurement    
Financial Assets    
Cash and short-term assets 17,396 14,078
Held-to-maturity securities 14,733 15,258
Other securities 1,371 952
Net loans and leases 188,061 146,938
Financial Liabilities    
Total deposits 224,678 176,610
Short-term borrowings 5,722 1,123
Long-term borrowings 15,780 16,060
Lower of Cost or Market | Reported Value Measurement    
Financial Assets    
Loans held for sale 413 530
Fair Value or Fair Value Option | Reported Value Measurement    
Financial Assets    
Trading account assets 345 63
Fair Value 34,623 26,132
Other securities 62 42
Loans held for sale 1,154 885
Net loans and leases 166 167
Derivative assets, net 498 247
Assets held in trust for deferred compensation plans 234 216
Financial Liabilities    
Short-term borrowings 344 138
Long-term borrowings 1,561 1,161
Derivative liabilities, net $ 1,260 $ 350
[1] Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $415 million, $454 million, $352 million, and $117
million, respectively, at September 30, 2026, and $669 million, $431 million, $600 million, and $152 million, respectively, at December 31, 2025. See Note
16 - “Variable Interest Entities” for additional information.