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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit Extension Commitment Expirations The following table includes the notional amount of commitments of $2.2 billion and $2.6 billion at December 31, 2024 and 2023 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $144 million and $67 million at December 31, 2024 and 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 21 – 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)December 31, 2024
Notional amount of credit extension commitments     
Loan commitments (1)
$123,520 $227,539 $191,469 $19,011 $561,539 
Home equity lines of credit3,518 10,570 8,920 21,272 44,280 
Standby letters of credit and financial guarantees (2)
25,080 8,006 2,589 370 36,045 
Letters of credit781 142 8 19 950 
Other commitments (3)
5 52 88 1,028 1,173 
Legally binding commitments152,904 246,309 203,074 41,700 643,987 
Credit card lines (4)
456,185 — — — 456,185 
Total credit extension commitments$609,089 $246,309 $203,074 $41,700 $1,100,172 
 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 December 31, 2024 and 2023, $4.4 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 $25.0 billion and $10.1 billion at December 31, 2024, and $23.6 billion and $9.7 billion at December 31, 2023. Amounts in the table include consumer SBLCs of $1.0 billion and $744 million at December 31, 2024 and 2023.
(3)     Primarily includes second-loss positions on lease-end residual value guarantees.
(4)     Includes business card unused lines of credit.