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Derivative And Credit-Related Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of Derivative Instruments
The following table presents the composition of the Corporation’s derivative instruments held or issued for risk management purposes or in connection with customer-initiated and other activities at June 30, 2020 and December 31, 2019. The table excludes commitments and warrants accounted for as derivatives.
 June 30, 2020December 31, 2019
  Fair Value Fair Value
(in millions)Notional/
Contract
Amount (a)		Gross Derivative AssetsGross Derivative LiabilitiesNotional/
Contract
Amount (a)		Gross Derivative AssetsGross Derivative Liabilities
Risk management purposes
Derivatives designated as hedging instruments
Interest rate contracts:
Swaps - fair value - receive fixed/pay floating
$2,650  $—  $—  $3,325  $—  $—  
Swaps - cash flow - receive fixed/pay floating
5,550  —  —  4,550  —  —  
Derivatives used as economic hedges
Foreign exchange contracts:
Spot, forwards and swaps330  1  2  330  —  2  
Total risk management purposes8,530  1  2  8,205  —  2  
Customer-initiated and other activities
Interest rate contracts:
Caps and floors written601  —  1  671  —  —  
Caps and floors purchased601  1  —  671  —  —  
Swaps 20,039  648  72  16,485  211  39  
Total interest rate contracts21,241  649  73  17,827  211  39  
Energy contracts:
Caps and floors written439  —  46  477  —  23  
Caps and floors purchased439  46  —  477  23  —  
Swaps2,137  225  217  2,135  73  69  
Total energy contracts3,015  271  263  3,089  96  92  
Foreign exchange contracts:
Spot, forwards, options and swaps968  14  13  1,013  10  8  
Total customer-initiated and other activities25,224  934  349  21,929  317  139  
Total gross derivatives$33,754  $935  $351  $30,134  $317  $141  
Amounts offset in the Consolidated Balance Sheets:
Netting adjustment - Offsetting derivative assets/liabilities
(54) (54) (63) (63) 
Netting adjustment - Cash collateral received/posted
(214) (28) (11) (12) 
Net derivatives included in the Consolidated Balance Sheets (b)
667  269  243  66  
Amounts not offset in the Consolidated Balance Sheets:
Marketable securities pledged under bilateral collateral agreements
—  (53) —  (21) 
Net derivatives after deducting amounts not offset in the Consolidated Balance Sheets
$667  $216  $243  $45  
(a)Notional or contractual amounts, which represent the extent of involvement in the derivatives market, are used to determine the contractual cash flows required in accordance with the terms of the agreement. These amounts are typically not exchanged, significantly exceed amounts subject to credit or market risk and are not reflected in the Consolidated Balance Sheets.
(b)Net derivative assets are included in accrued income and other assets and net derivative liabilities are included in accrued expenses and other liabilities on the Consolidated Balance Sheets. Included in the fair value of net derivative assets and net derivative liabilities are credit valuation adjustments reflecting counterparty credit risk and credit risk of the Corporation. The fair value of net derivative assets included credit valuation adjustments for counterparty credit risk of $25 million and $9 million at June 30, 2020 and December 31, 2019, respectively.
Schedule of the Effects of Fair Value Hedging on the Consolidated Statements of Comprehensive Income
The following table details the effects of fair value hedging on the Consolidated Statements of Comprehensive Income.
Interest on Medium- and Long-Term Debt
 Three Months Ended June 30,Six Months Ended June 30,
(in millions)2020201920202019
Total interest on medium- and long-term debt (a)$19  $51  $59  $102  
Fair value hedging relationships:
Interest rate contracts:
Hedged items28  26  58  52  
Derivatives designated as hedging instruments(12) —  (18) 1  
(a) Includes the effects of hedging.
Schedule Of Weighted Average Maturity And Interest Rates On Risk Management Cash Flow Swaps [Text Block] The following table summarizes the expected weighted average remaining maturity of the notional amount of risk management interest rate swaps, the carrying amount of the related hedged items and the weighted average interest rates associated with amounts expected to be received or paid on interest rate swap agreements as of June 30, 2020 and December 31, 2019.
Cash flow swaps - receive fixed/pay floating rate on variable-rate loans:
(dollar amounts in millions)June 30, 2020December 31, 2019
Derivative notional amount$5,550  $4,550  
Weighted average:
   Remaining maturity (in years)2.8  3.0  
   Receive rate1.87 %1.94 %
   Pay rate (a)0.17  1.71  
(a)Variable rates paid on receive fixed swaps designated as cash flow hedges are based on one-month LIBOR rates in effect at June 30, 2020 and December 31, 2019.
Schedule Of Weighted Average Maturity And Interest Rates On Risk Management Interest Rate Swaps
Fair value swaps - receive fixed/pay floating rate on medium- and long-term debt:
(dollar amounts in millions)June 30, 2020December 31, 2019
Derivative notional amount$2,650  $3,325  
Carrying value of hedged items (a)2,971  3,469  
Weighted average:
   Remaining maturity (in years)5.1  4.6  
   Receive rate3.68 %3.44 %
   Pay rate (b)1.54  2.80  
(a)Included $322 million and $146 million of cumulative hedging adjustments at June 30, 2020 and December 31, 2019, respectively, which included $6 million and $7 million, respectively, of hedging adjustment on a discontinued hedging relationship.
(b)Variable rates paid on receive fixed swaps designated as fair value hedges are based on one- and six-month LIBOR rates in effect at June 30, 2020 and December 31, 2019.
Schedule Of Net Gains Recognized In Income On Customer-Initiated Derivatives The net gains recognized in income on customer-initiated derivative instruments, net of the impact of offsetting positions, were as follows.
Three Months Ended June 30,Six Months Ended June 30,
(in millions)Location of Gain2020201920202019
Interest rate contractsOther noninterest income$8  $6  $16  $12  
Energy contractsOther noninterest income2  2  3  3  
Foreign exchange contractsForeign exchange income9  11  20  22  
Total $19  $19  $39  $37  
Schedule Of Financial Instruments With Off-Balance Sheet Credit Risk The Corporation’s credit risk associated with these instruments is represented by the contractual amounts indicated in the following table.
(in millions)June 30, 2020December 31, 2019
Unused commitments to extend credit:
Commercial and other$22,588  $23,681  
Bankcard, revolving check credit and home equity loan commitments3,275  3,180  
Total unused commitments to extend credit$25,863  $26,861  
Standby letters of credit$3,185  $3,320  
Commercial letters of credit19  18  
Summary Of Criticized Letters Of Credit
The following table presents a summary of criticized standby and commercial letters of credit at June 30, 2020 and December 31, 2019. The Corporation's criticized list is generally consistent with the Special Mention, Substandard and Doubtful categories defined by regulatory authorities. The Corporation manages credit risk through underwriting, periodically reviewing and approving its credit exposures using Board committee approved credit policies and guidelines.
(dollar amounts in millions)June 30, 2020December 31, 2019
Total criticized standby and commercial letters of credit$83  $44  
As a percentage of total outstanding standby and commercial letters of credit2.6 %1.3 %