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Borrowings (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Breakdown of FHLB Advances Outstanding The following is a breakdown of our FHLB advances and other borrowings outstanding:
  June 30, 2022December 31, 2021
AmountRateAmountRate
 (Dollars in millions)
Short-term fixed rate term advances$3,300 1.54 %$1,600 0.19 %
Other short-term borrowings11.90 %280 0.11 %
Total short-term Federal Home Loan Bank advances and other borrowings3,301 1,880 
Long-term fixed rate advances700 1.43 %1,400 0.90 %
Total Federal Home Loan Bank advances and other borrowings$4,001 $3,280 
Detailed Information on FHLB Advances and Other Borrowings The following table contains detailed information on our FHLB advances and other borrowings:
 Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
 (Dollars in millions)
Maximum outstanding at any month end$4,001 $3,575 $4,001 $4,737 
Average outstanding balance2,107 3,622 2,013 3,800 
Average remaining borrowing capacity3,261 5,295 3,851 5,389 
Weighted average interest rate1.09 %0.45 %0.91 %0.44 %
Maturity Dates of FHLB Advances and Other Borrowings The following table outlines the maturity dates of our FHLB advances and other borrowings:
 June 30, 2022
 (Dollars in millions)
2022$3,301
2023500
2024100
2025—
Thereafter100
Total$4,001
Long-Term Debt, Net of Debt Issuance Costs The following table presents long-term debt, net of debt issuance costs:
 June 30, 2022December 31, 2021
AmountInterest RateAmountInterest Rate
 (Dollars in millions)
Subordinated Notes
Notes, matures 2030147 4.125 %149 4.125 %
Trust Preferred Securities
Floating Three Month LIBOR Plus:
3.25%, matures 2032265.45 %26 3.47 %
3.25%, matures 2033264.29 %26 3.37 %
3.25%, matures 2033265.50 %26 3.47 %
2.00%, matures 2035263.04 %26 2.12 %
2.00%, matures 2035263.04 %26 2.12 %
1.75%, matures 2035513.58 %51 1.95 %
1.50%, matures 2035252.54 %25 1.62 %
1.45%, matures 2037253.28 %25 1.65 %
2.50%, matures 203716 4.33 %16 2.70 %
Total Trust Preferred Securities247 247 
Total other long-term debt$394 $396