Commitments (Tables)

3 Months Ended

Mar. 31, 2020

Commitments And Contingencies Disclosure [Abstract]

Summary of Commitments

The accompanying table summarizes credit-related commitments and other purchase and funding commitments:

Commitments (dollars in millions)

	March 31, 2020						December 31, 2019
	Due to Expire
	Within One Year		After One Year		Total Outstanding		Total Outstanding
Financing Commitments
Financing assets	$	3,477.0	$	4,893.9	$	8,370.9	$	6,459.7
Letters of credit
Standby letters of credit		52.5		178.8		231.3		199.6
Other letters of credit		7.3		3.1		10.4		6.7
Deferred purchase agreements		1,556.1		—		1,556.1		2,060.6
Purchase and Funding Commitments
Rail and other purchase commitments(1)	$	690.6	$	—	$	690.6	$	813.7

^{(1) Other purchase commitments primarily relate to Equipment Finance businesses.}