Cash and Cash Equivalents (Tables)

6 Months Ended

Jun. 30, 2022

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

The following table details our cash and cash equivalents at June 30, 2022 and December 31, 2021:

(Dollars in millions)	June 30, 2022		December 31, 2021
Cash and due from banks	$	1,801	$	2,201
Interest bearing deposits with the Federal Reserve Bank	7,827		5,686
Interest bearing deposits with other institutions	5,146		5,773
Securities purchased under agreements to resell (1)	544		607
Other short-term investment securities	80		352
Total cash and cash equivalents	$	15,398	$	14,619

(1)At June 30, 2022 and December 31, 2021, securities purchased under agreements to resell were collateralized by U.S. Treasury securities and U.S. agency securities with aggregate fair values of $554 million and $620 million, respectively. None of these securities were sold or repledged as of June 30, 2022 and December 31, 2021.