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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit Extension Commitment Expirations The following table includes the notional amount of commitments of $2.5 billion and $2.6 billion at September 30, 2024 and December 31, 2023 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $66 million and $67 million at September 30, 2024 and December 31, 2023, which
is classified in accrued expenses and other liabilities. For more information regarding the Corporation’s loan commitments
accounted for under the fair value option, see Note 15 – Fair Value Option.
Credit Extension Commitments
Expire in One
Year or Less		Expire After One
Year Through
Three Years		Expire After Three Years Through
Five Years		Expire After
Five Years		Total
(Dollars in millions)September 30, 2024
Notional amount of credit extension commitments     
Loan commitments (1)
$124,541 $231,044 $188,204 $17,446 $561,235 
Home equity lines of credit3,451 10,393 9,264 21,620 44,728 
Standby letters of credit and financial guarantees (2)
22,803 9,103 3,469 479 35,854 
Letters of credit643 160 70 44 917 
Other commitments (3)
17 35 106 1,032 1,190 
Legally binding commitments151,455 250,735 201,113 40,621 643,924 
Credit card lines (4)
454,383 — — — 454,383 
Total credit extension commitments$605,838 $250,735 $201,113 $40,621 $1,098,307 
 December 31, 2023
Notional amount of credit extension commitments     
Loan commitments (1)
$124,298 $198,818 $193,878 $15,386 $532,380 
Home equity lines of credit2,775 9,182 11,195 21,975 45,127 
Standby letters of credit and financial guarantees (2)
21,067 9,633 2,693 652 34,045 
Letters of credit873 207 66 29 1,175 
Other commitments (3)
17 50 108 1,035 1,210 
Legally binding commitments149,030 217,890 207,940 39,077 613,937 
Credit card lines (4)
440,328 — — — 440,328 
Total credit extension commitments$589,358 $217,890 $207,940 $39,077 $1,054,265 
(1)     At September 30, 2024 and December 31, 2023, $4.0 billion and $3.1 billion of these loan commitments were held in the form of a security.
(2) The notional amounts of SBLCs and financial guarantees classified as investment grade and non-investment grade based on the credit quality of the underlying reference name within the instrument were $24.8 billion and $10.2 billion at September 30, 2024, and $23.6 billion and $9.7 billion at December 31, 2023. Amounts in the table include consumer SBLCs of $883 million and $744 million at September 30, 2024 and December 31, 2023.
(3)     Primarily includes second-loss positions on lease-end residual value guarantees.
(4)     Includes business card unused lines of credit.