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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit Extension Commitment Expirations The following table includes the notional amount of commitments of $4.8 billion and $4.0 billion at December 31, 2021 and 2020 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $97 million and $99 million at December 31, 2021 and 2020, which is classified in accrued expenses and other liabilities. For more information regarding the Corporation’s loan commitments accounted for under the fair value option, see Note 21 – Fair Value Option.
Credit Extension Commitments
Expire in One
Year or Less		Expire After One
Year Through
Three Years		Expire After Three Years Through
Five Years		Expire After
Five Years		Total
(Dollars in millions)December 31, 2021
Notional amount of credit extension commitments     
Loan commitments (1)
$102,464 $190,687 $174,978 $26,635 $494,764 
Home equity lines of credit890 5,097 10,268 24,276 40,531 
Standby letters of credit and financial guarantees (2)
22,359 10,742 2,017 422 35,540 
Letters of credit1,145 124 56 98 1,423 
Other commitments (3)
18 59 81 1,233 1,391 
Legally binding commitments126,876 206,709 187,400 52,664 573,649 
Credit card lines (4)
406,169 — — — 406,169 
Total credit extension commitments$533,045 $206,709 $187,400 $52,664 $979,818 
 December 31, 2020
Notional amount of credit extension commitments     
Loan commitments (1)
$109,406 $171,887 $139,508 $16,091 $436,892 
Home equity lines of credit710 2,992 8,738 29,892 42,332 
Standby letters of credit and financial guarantees (2)
19,962 12,038 2,397 1,257 35,654 
Letters of credit886 197 25 27 1,135 
Other commitments (3)
22 132 125 1,219 1,498 
Legally binding commitments130,986 187,246 150,793 48,486 517,511 
Credit card lines (4)
384,955 — — — 384,955 
Total credit extension commitments$515,941 $187,246 $150,793 $48,486 $902,466 
(1)     At December 31, 2021 and 2020, $4.6 billion and $4.8 billion of these loan commitments were held in the form of a security.
(2)     The notional amounts of SBLCs and financial guarantees classified as investment grade and non-investment grade based on the credit quality of the underlying reference name within the instrument were $26.3 billion and $8.7 billion at December 31, 2021, and $25.0 billion and $10.2 billion at December 31, 2020. Amounts in the table include consumer SBLCs of $512 million and $500 million at December 31, 2021 and 2020.
(3)     Primarily includes second-loss positions on lease-end residual value guarantees.
(4)     Includes business card unused lines of credit.