Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2016

Short-Term Borrowings

Summary of Short-Term Borrowings and Weighted-Average Rates

The following table summarizes short-term borrowings and weighted-average rates:
	2016				2015
($ in millions)		Amount	Rate			Amount	Rate
As of December 31:
Federal funds purchased	$	132	0.61	%	$	151	0.30	%
Other short-term borrowings		3,535	0.54			1,507	0.11
Average for the years ended December 31:
Federal funds purchased	$	506	0.39	%	$	920	0.13	%
Other short-term borrowings		2,845	0.36			1,721	0.12
Maximum month-end balance for the years ended December 31:
Federal funds purchased	$	739			$	200
Other short-term borrowings		6,374				4,904

Summary of Other Short-Term Borrowings

The following table presents a summary of the Bancorp's other short-term borrowings as of December 31:
($ in millions)		2016	2015
FHLB advances	$	2,500	-
Securities sold under repurchase agreements		661	925
Derivative collateral		374	582
Total other short-term borrowings	$	3,535	1,507

Summary of Securities Sold Under Repurchase Agreements by Type

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 December 31:
			2016		2015
($ in millions)			Amount	Remaining Contractual Maturity		Amount	Remaining Contractual Maturity
Type of Collateral:
	Agency residential mortgage-backed securities	$	661	Overnight	$	646	Overnight
	U.S. Treasury and federal agencies securities		-	Overnight		279	Overnight
Total securities sold under repurchase agreements		$	661		$	925