Borrowings (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Long-term Debt Including Unamortized Debt Discounts and Premiums

The following table lists long-term debt by instrument outstanding as of June 30, 2023 and December 31, 2022:


	Date of Issuance	Principal Amount Outstanding
		June 30, 2023		December 31, 2022
CSC Fixed-rate Senior Notes:


2.650% due January 25, 2023	12/07/17	$	—	$	800
3.550% due February 1, 2024	10/31/18	500		500
0.750% due March 18, 2024	03/18/21	1,500		1,500
3.750% due April 1, 2024	09/24/21	350		350
3.000% due March 10, 2025	03/10/15	375		375
4.200% due March 24, 2025	03/24/20	600		600
3.625% due April 1, 2025	09/24/21	418		418
3.850% due May 21, 2025	05/22/18	750		750
3.450% due February 13, 2026	11/13/15	350		350
0.900% due March 11, 2026	12/11/20	1,250		1,250
1.150% due May 13, 2026	05/13/21	1,000		1,000
3.200% due March 2, 2027	03/02/17	650		650
2.450% due March 3, 2027	03/03/22	1,500		1,500
3.300% due April 1, 2027	09/24/21	744		744
3.200% due January 25, 2028	12/07/17	700		700
2.000% due March 20, 2028	03/18/21	1,250		1,250
4.000% due February 1, 2029	10/31/18	600		600
3.250% due May 22, 2029	05/22/19	600		600
2.750% due October 1, 2029	09/24/21	475		475
4.625% due March 22, 2030	03/24/20	500		500
1.650% due March 11, 2031	12/11/20	750		750
2.300% due May 13, 2031	05/13/21	750		750
1.950% due December 1, 2031	08/26/21	850		850
2.900% due March 3, 2032	03/03/22	1,000		1,000
CSC Floating-rate Senior Notes:

SOFR + 0.500% due March 18, 2024	03/18/21	1,250		1,250
SOFR + 0.520% due May 13, 2026	05/13/21	500		500
SOFR + 1.050% due March 3, 2027	03/03/22	500		500
CSC Fixed-to-Floating rate Senior Notes:
5.643% due May 19, 2029 (1)	05/19/23	1,200		—
5.853% due May 19, 2034 (2)	05/19/23	1,300		—
Total CSC Senior Notes		22,212		20,512
TDA Holding Fixed-rate Senior Notes:

3.750% due April 1, 2024	11/01/18	50		50
3.625% due April 1, 2025	10/22/14	82		82
3.300% due April 1, 2027	04/27/17	56		56
2.750% due October 1, 2029	08/16/19	25		25


Total TDA Holding Senior Notes		213		213
Finance lease liabilities		52		68
Unamortized premium — net		109		129
Debt issuance costs		(104)		(94)
Total long-term debt		$	22,482	$	20,828

(1) The 2029 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.643%, payable semi-annually, until the interest reset date on May 19, 2028. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.210%, payable quarterly.

(2) The 2034 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.853%, payable semi-annually, until the interest reset date on May 19, 2033. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.500%, payable quarterly.

Schedule of Annual Maturities on Debt Outstanding

Annual maturities on all long-term debt outstanding at June 30, 2023 are as follows:


	Maturities
2023	$	15
2024	3,675
2025	2,237
2026	3,100
2027	3,450
Thereafter	10,000
Total maturities	22,477
Unamortized premium — net	109
Debt issuance costs	(104)
Total long-term debt	$	22,482

Annual maturities on FHLB borrowings and other short-term borrowings outstanding at June 30, 2023 are as follows:


	2023		2024		Total
FHLB borrowings	$	24,200	$	16,800	$	41,000
Other short-term borrowings	6,625		1,206		7,831
Total	$	30,825	$	18,006	$	48,831