Variable interest entities and asset securitizations (Tables)

3 Months Ended

Mar. 31, 2024

Variable Interest Entity Disclosure [Abstract]

Schedule of Carrying Amount of Investments In Tax Equity Partnerships and Related Future Funding Commitments

Information on the Company’s carrying amount of its investments in tax equity partnerships and its related future funding commitments are presented in the following table:

(Dollars in millions)	March 31, 2024		December 31, 2023
Affordable housing projects:
Carrying amount (a)	$	1,323	$	1,340
Amount of future funding commitments included in carrying amount (b)		379		410
Contingent commitments		55		55
Renewable energy:
Carrying amount (a)		79		80
Amount of future funding commitments included in carrying amount (b)		49		31
Other:
Carrying amount (a)		40		41
Amount of future funding commitments included in carrying amount (b)		—		—

(a)Included in "accrued interest and other assets" in the Consolidated Balance Sheet.

(b)Included in "accrued interest and other liabilities" in the Consolidated Balance Sheet.