Commitments (Tables)

9 Months Ended

Sep. 30, 2019

Commitments and Guarantees [Abstract]

Commitments to Extend Credit and Other Commitments

Table 70: Commitments to Extend Credit and Other Commitments

In millions	September 30 2019		December 31 2018
Commitments to extend credit
Total commercial lending	$	129,787	$	120,165
Home equity lines of credit	16,881		16,944
Credit card	29,886		27,100
Other	6,527		5,069
Total commitments to extend credit	183,081		169,278
Net outstanding standby letters of credit (a)	9,763		8,655
Reinsurance agreements (b)	1,431		1,549
Standby bond purchase agreements (c)	1,302		1,000
Other commitments (d)	2,291		1,130
Total commitments to extend credit and other commitments	$	197,868	$	181,612

(a) Net outstanding standby letters of credit include $4.1 billion and $3.7 billion at September 30, 2019 and December 31, 2018, respectively, which support remarketing programs.

(b) Represents aggregate maximum exposure up to the specified limits of the reinsurance contracts provided by our wholly-owned captive insurance subsidiary. These amounts reflect estimates based on availability of financial information from insurance carriers. As of September 30, 2019, the aggregate maximum exposure amount comprised $1.3 billion for accidental death and dismemberment contracts, and $.1 billion for credit life, accident and health contracts. Comparable amounts at December 31, 2018 were $1.3 billion and $.2 billion, respectively.

(c) We enter into standby bond purchase agreements to support municipal bond obligations.

(d)

Includes $.5 billion related to investments in qualified affordable housing projects at both September 30, 2019 and December 31, 2018.