Other Non-Interest Income and Expense (Tables)

12 Months Ended

Dec. 31, 2021

Other Income and Expenses [Abstract]

Schedule Of Other Non-Interest Income and Expense

The following is a detail of other non-interest income for the years ended December 31:


	2021		2020		2019
	(In millions)
Bank-owned life insurance	$	82	$	95	$	78
Investment services fee income	104		84		79
Commercial credit fee income	91		77		73
Gain on equity investment(1)	3		50		—
Market value adjustments on employee benefit assets - defined benefit	—		—		5
Market value adjustments on employee benefit assets - other	20		12		11
Other miscellaneous income	223		151		130
	$	523	$	469	$	376

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(1)The 2021 amount is a gain on the sale of an equity investment, whereas the 2020 amount is a valuation gain on the investment that was sold in the first quarter of 2021.

The following is a detail of other non-interest expense for the years ended December 31:


	2021		2020		2019
	(In millions)
Outside services	$	156	$	170	$	189
Marketing	106		94		97
Professional, legal and regulatory expenses	98		89		95
Credit/checkcard expenses	62		50		68
FDIC insurance assessments	45		48		48
Branch consolidation, property and equipment charges	5		31		25
Visa class B shares expense	22		24		14
Loss on early extinguishment of debt	20		22		16
Provision (credit) for unfunded credit losses(1)	—		—		(6)
Other miscellaneous expenses	360		354		381
	$	874	$	882	$	927

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(1)Upon adoption of CECL on January 1, 2020, the provision for credit losses presented within net interest income after provision for credit losses is the sum of the provision for loan losses and the provision for unfunded credit commitments. Prior to the adoption of CECL, the provision for unfunded commitments was included in other non-interest expense.