XML 151 R136.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value Measurements - Carrying Amounts and Estimated Fair Values for Certain Financial Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Financial assets:    
Other short-term investments [1] $ 10,943 $ 8,351
Held-to-maturity securities [2] 2 5
Loans and leases held for sale [3] 760 1,007
Total portfolio loans and leases, net 119,564 119,286
Financial liabilities:    
Deposits 164,128 163,690
Federal funds purchased 163 180
Other short-term borrowings 5,817 4,838
Long-term debt [1] 12,278 13,714
Consumer    
Financial assets:    
Total portfolio loans and leases, net 45,539 45,091
Net Carrying Amount    
Financial assets:    
Cash and due from banks 2,594 3,466
Other short-term investments 10,943 8,351
Other securities 836 874
Held-to-maturity securities 2 5
Loans and leases held for sale 164 407
Total portfolio loans and leases, net 119,440 119,163
Financial liabilities:    
Deposits 164,128 163,690
Federal funds purchased 163 180
Other short-term borrowings 5,817 4,838
Long-term debt 12,384 13,778
Net Carrying Amount | Commercial    
Financial assets:    
Total portfolio loans and leases, net 75,153 75,262
Net Carrying Amount | Consumer    
Financial assets:    
Total portfolio loans and leases, net 44,287 43,901
Total Fair Value    
Financial assets:    
Cash and due from banks 2,594 3,466
Other short-term investments 10,943 8,351
Other securities 836 874
Held-to-maturity securities 2 5
Loans and leases held for sale 167 414
Total portfolio loans and leases, net 116,261 117,297
Financial liabilities:    
Deposits 164,047 163,634
Federal funds purchased 163 180
Other short-term borrowings 5,813 4,829
Long-term debt 11,875 13,629
Total Fair Value | Commercial    
Financial assets:    
Total portfolio loans and leases, net 75,176 75,104
Total Fair Value | Consumer    
Financial assets:    
Total portfolio loans and leases, net 41,085 42,193
Total Fair Value | Level 1    
Financial assets:    
Cash and due from banks 2,594 3,466
Other short-term investments 10,943 8,351
Other securities 0 0
Held-to-maturity securities 0 0
Loans and leases held for sale 0 0
Total portfolio loans and leases, net 0 0
Financial liabilities:    
Deposits 0 0
Federal funds purchased 163 180
Other short-term borrowings 0 0
Long-term debt 11,467 13,218
Total Fair Value | Level 1 | Commercial    
Financial assets:    
Total portfolio loans and leases, net 0 0
Total Fair Value | Level 1 | Consumer    
Financial assets:    
Total portfolio loans and leases, net 0 0
Total Fair Value | Level 2    
Financial assets:    
Cash and due from banks 0 0
Other short-term investments 0 0
Other securities 836 874
Held-to-maturity securities 0 0
Loans and leases held for sale 0 0
Total portfolio loans and leases, net 0 0
Financial liabilities:    
Deposits 164,047 163,634
Federal funds purchased 0 0
Other short-term borrowings 5,813 4,829
Long-term debt 408 411
Total Fair Value | Level 2 | Commercial    
Financial assets:    
Total portfolio loans and leases, net 0 0
Total Fair Value | Level 2 | Consumer    
Financial assets:    
Total portfolio loans and leases, net 0 0
Total Fair Value | Level 3    
Financial assets:    
Cash and due from banks 0 0
Other short-term investments 0 0
Other securities 0 0
Held-to-maturity securities 2 5
Loans and leases held for sale 167 414
Total portfolio loans and leases, net 116,261 117,297
Financial liabilities:    
Deposits 0 0
Federal funds purchased 0 0
Other short-term borrowings 0 0
Long-term debt 0 0
Total Fair Value | Level 3 | Commercial    
Financial assets:    
Total portfolio loans and leases, net 75,176 75,104
Total Fair Value | Level 3 | Consumer    
Financial assets:    
Total portfolio loans and leases, net $ 41,085 $ 42,193
[1] Includes $1 and $17 of other short-term investments, $42 and $185 of portfolio loans and leases, $(1) and $(2) of ALLL, $0 and $2 of other assets, $9 and $9 of other liabilities, and $37 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2023 and December 31, 2022, respectively. For further information, refer to Note 11.
[2] Fair value of $2 and $5 at June 30, 2023 and December 31, 2022, respectively.
[3] Includes $596 and $600 of residential mortgage loans held for sale measured at fair value at June 30, 2023 and December 31, 2022, respectively.