Securities Financing Activities (Tables)

6 Months Ended

Jun. 30, 2023

Offsetting [Abstract]

Schedule of Resell Agreements

The following table presents securities borrowed or purchased under agreements to resell:

(Dollars in millions)	Jun 30, 2023		Dec 31, 2022
Securities purchased under agreements to resell	$	998	$	2,415
Securities borrowed	1,317		766
Total securities borrowed or purchased under agreements to resell	$	2,315	$	3,181
Fair value of collateral permitted to be resold or repledged	$	2,044	$	3,058
Fair value of securities resold or repledged	491		864

Schedule of Repurchase Agreements

The following table presents the Company’s related activity, by collateral type and remaining contractual maturity:

	June 30, 2023						December 31, 2022
(Dollars in millions)	Overnight and Continuous		Up to 30 days		Total		Overnight and Continuous		Up to 30 days		Total
U.S. Treasury	$	—	$	200	$	200	$	318	$	—	$	318
State and Municipal	195		—		195		272		—		272
GSE	—		—		—		74		—		74
Agency MBS - residential	—		2,300		2,300		1,019		26		1,045
Corporate and other debt securities	150		320		470		369		50		419
Total securities sold under agreements to repurchase	$	345	$	2,820	$	3,165	$	2,052	$	76	$	2,128