XML 37 R28.htm IDEA: XBRL DOCUMENT v3.23.1
Medium- And Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule Of Medium- And Long-Term Debt
Medium- and long-term debt is summarized as follows:
(in millions)March 31, 2023December 31, 2022
Parent company
Subordinated notes:
3.80% subordinated notes due 2026 (a)
$240 $237 
Medium- and long-term notes:
3.70% notes due 2023 (a)
845 841 
4.00% notes due 2029 (a)
526 515 
Total medium- and long-term notes1,371 1,356 
Total parent company1,611 1,593 
Subsidiaries
Subordinated notes:
4.00% subordinated notes due 2025 (a)
334 331 
7.875% subordinated notes due 2026 (a)
166 165 
5.332% subordinated notes due 2033 (a)
476 459 
Total subordinated notes976 955 
Medium- and long-term notes:
2.50% notes due 2024 (a)
480 476 
Total medium- and long-term notes480 476 
Federal Home Loan Bank advances:
5.07% advance due 2025 (a)
1,000 — 
4.79% advance due 2026 (a)
1,003 — 
4.49% advance due 2027 (a)
1,007 — 
4.49% advance due 2028 (a)
1,007 — 
Total Federal Home Loan Bank advances:4,017 — 
Total subsidiaries5,473 1,431 
Total medium- and long-term debt$7,084 $3,024 
(a)The fixed interest rates on these notes have been swapped to a variable rate and designated in a hedging relationship. Accordingly, carrying value has been adjusted to reflect the change in the fair value of the debt as a result of changes in the benchmark rate.