PNC FINANCIAL SERVICES GROUP INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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Future Lease Payments for Operating Lease Liability Arrangements
The future lease payments based on maturity for our lessee liability arrangements at December 31, 2024 are as follows:
Table 73: Future Lease Payments for Operating Lease Liability Arrangements
| In millions | December 31, 2024 |
|---|---|
| 2025 | $401 |
| 2026 | 367 |
| 2027 | 324 |
| 2028 | 270 |
| 2029 | 204 |
| 2030 and thereafter | 492 |
| Total future lease payments | $2,058 |
| Less: Interest | 188 |
| Present value of operating lease liability arrangements | $1,870 |
NOTE 7 PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS
Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:
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