v3.25.4
Federal, State, and Local Taxes - Schedule of Components of Income Tax Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
Federal – current $ 26 $ 126 $ 156
State and local – current 16 25 59
Total current 42 151 215
Federal – deferred (45) (336) (137)
State and local – deferred (18) (75) (49)
Total deferred (63) (411) (186)
Income tax (benefit)/expense reported in net income (21) (260) 29
Income tax impact reported in stockholders’ equity related to:      
Securities available-for-sale 66 (24) 15
Pension liability adjustments 5 (2) 6
Cash flow hedge (17) 12 (14)
Total income taxes $ 33 $ (274) $ 36