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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit Extension Commitment Expirations The following table includes the notional amount of commitments of $2.6 billion and $3.0 billion at June 30, 2023 and December 31, 2022 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $75 million and $110 million at June 30, 2023 and December 31, 2022, 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 15 – 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)June 30, 2023
Notional amount of credit extension commitments     
Loan commitments (1)
$118,272 $172,755 $215,299 $14,347 $520,673 
Home equity lines of credit1,912 8,717 11,560 22,449 44,638 
Standby letters of credit and financial guarantees (2)
21,139 9,542 3,233 565 34,479 
Letters of credit827 23 254 38 1,142 
Other commitments (3)
5 47 124 1,052 1,228 
Legally binding commitments142,155 191,084 230,470 38,451 602,160 
Credit card lines (4)
437,097 — — — 437,097 
Total credit extension commitments$579,252 $191,084 $230,470 $38,451 $1,039,257 
 December 31, 2022
Notional amount of credit extension commitments     
Loan commitments (1)
$113,962 $162,890 $221,374 $13,667 $511,893 
Home equity lines of credit1,479 7,230 11,578 22,154 42,441 
Standby letters of credit and financial guarantees (2)
22,565 9,237 2,787 628 35,217 
Letters of credit853 46 52 49 1,000 
Other commitments (3)
5 93 71 1,103 1,272 
Legally binding commitments138,864 179,496 235,862 37,601 591,823 
Credit card lines (4)
419,144 — — — 419,144 
Total credit extension commitments$558,008 $179,496 $235,862 $37,601 $1,010,967 
(1)     At June 30, 2023 and December 31, 2022, $3.3 billion and $2.6 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 $24.3 billion and $9.5 billion at June 30, 2023, and $25.1 billion and $9.5 billion at December 31, 2022. Amounts in the table include consumer SBLCs of $599 million and $575 million at June 30, 2023 and December 31, 2022.
(3)     Primarily includes second-loss positions on lease-end residual value guarantees.
(4)     Includes business card unused lines of credit.