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Commitments, Guarantees, and Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2021
Guarantees, Commitments And Contingencies [Abstract]  
Schedule of Off Balance Sheet Financial Instruments
Contractual amounts of various off-balance sheet financial instruments used to meet the financing needs of our customers are as follows:
(In millions)June 30,
2021
December 31,
2020
Net unfunded commitments to extend credit 1
$24,808 $24,217 
Standby letters of credit:
Financial617 531 
Performance233 167 
Commercial letters of credit31 34 
Total unfunded lending commitments$25,689 $24,949 
1 Net of participations.