v3.25.4
Federal, State, and Local Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred Tax Assets:    
Allowance for credit losses on loans and leases $ 273 $ 314
Acquisition accounting and fair value adjustments on securities (including OTTI) 133 177
Right of use liability 113 121
Non-accrual interest 70 11
Compensation and related benefit obligations 47 54
Other 29 27
Unrealized gains and amortization of mortgage servicing rights 0 26
Accrued expenses 15 16
Net operating loss carryforwards 8 12
Gross deferred tax assets 688 758
Valuation allowance (4) (4)
Net deferred tax asset after valuation allowance 684 754
Deferred Tax Liabilities:    
Leases (281) (315)
Fair value adjustments on loans (161) (198)
Right of use asset (101) (109)
Amortizable intangibles (72) (95)
Prepaid pension cost (44) (37)
Premises and equipment (38) (29)
Other (22) (14)
Acquisition accounting and fair value adjustments on debt (7) (8)
Gross deferred tax liabilities (726) (805)
Net deferred tax liability $ (42) $ (51)