Other Short Term Borrowings

3 Months Ended

Mar. 31, 2016

Other Short Term Borrowings

Other Short Term Borrowings

12. Other Short-Term Borrowings

Borrowings with original maturities of one year or less are classified as short-term. The following table presents a summary of the Bancorp's other short-term borrowings as of:
		March 31,	December 31,
($ in millions)		2016	2015
FHLB advances	$	2,000	-
Securities sold under repurchase agreements		785	925
Derivative collateral		738	582
Total other short-term borrowings	$	3,523	1,507

The Bancorp's securities sold under repurchase agreements are accounted for as secured borrowings and are collateralized by securities included in available-for-sale and other securities in the Condensed Consolidated Balance Sheets. These securities are subject to changes in market value and, therefore, the Bancorp may increase or decrease the level of securities pledged as collateral based upon these movements in market value.

The following table summarizes the Bancorp's securities sold under repurchase agreements by the type of collateral securing the borrowing and remaining contractual maturity as of:
($ in millions)			March 31, 2016		December 31, 2015
			Amount	Remaining Contractual Maturity	Amount	Remaining Contractual Maturity
Collateral type:
	Agency residential mortgage-backed securities	$	602	Overnight	646	Overnight
	U.S. Treasury and federal agencies securities		183	Overnight	279	Overnight
Total securities sold under repurchase agreements		$	785		925