Table 68: Commitments to Extend Credit and Other Commitments



In millions	September 30 2017		December 31 2016
Commitments to extend credit
Total commercial lending	$	109,687	$	108,256
Home equity lines of credit	17,778		17,438
Credit card	24,184		22,095
Other	4,984		4,192
Total commitments to extend credit	156,633		151,981
Net outstanding standby letters of credit (a)	8,609		8,324
Reinsurance agreements (b)	1,690		1,835
Standby bond purchase agreements (c)	924		790
Other commitments (d)	990		967
Total commitments to extend credit and other commitments	$	168,846	$	163,897


(a)	Net outstanding standby letters of credit include $3.8 billion and $3.9 billion at September 30, 2017 and December 31, 2016, respectively, which support remarketing programs.

(b)

Represents aggregate maximum exposure up to the specified limits of the reinsurance contracts and reflects estimates based on availability of financial information from insurance carriers. As of September 30, 2017, the aggregate maximum exposure amount comprised $1.5 billion for accidental death & dismemberment contracts and $.2 billion for credit life, accident & health contracts. Comparable amounts at December 31, 2016 were $1.5 billion and $.3 billion respectively.


(c)	We enter into standby bond purchase agreements to support municipal bond obligations.


(d)	Includes $.5 billion related to investments in qualified affordable housing projects at both September 30, 2017 and December 31, 2016.