Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Total borrowed funds

The following shows the carrying value of total borrowed funds of $57.4 billion at December 31, 2018 (including adjustments related to purchase accounting, accounting hedges and unamortized original issuance discounts) by remaining contractual maturity:

Table 66: Borrowed Funds

In billions
2019	$	20.0
2020	$	14.8
2021	$	6.5
2022	$	4.9
2023	$	2.3
2024 and thereafter	$	8.9

Contractual Rates and Maturity Dates of Borrowings

The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of December 31, 2018 and the carrying values as of December 31, 2018 and 2017.

Table 67: FHLB Borrowings, Senior Debt and Subordinated Debt

	Stated Rate	Maturity	Carrying Value
Dollars in millions	2018	2018	2018		2017
Parent Company
Senior debt	2.85%-6.70%	2019-2027	$	5,063	$	5,203
Subordinated debt	3.90%-6.88%	2019-2024	1,447		1,440
Junior subordinated debt	3.31%	2028	205		205
Subtotal			6,715		6,848
Bank
FHLB (a)	zero-6.35%	2019-2030	21,501		21,037
Senior debt	1.45%-3.50%	2019-2043	19,955		22,859
Subordinated debt	2.70%-4.20%	2022-2028	4,243		3,555
Subtotal			45,699		47,451
Total			$	52,414	$	54,299

(a) FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and commercial mortgage-backed securities.