Commitments (Tables)

3 Months Ended

Mar. 31, 2021

Commitments and Guarantees [Abstract]

Commitments to Extend Credit and Other Commitments

Table 54: Commitments to Extend Credit and Other Commitments

In millions	March 31 2021		December 31 2020
Commitments to extend credit
Commercial	$	154,482	$	153,089
Home equity lines of credit	16,604		16,626
Credit card	31,132		31,019
Other	8,195		7,087
Total commitments to extend credit	210,413		207,821
Net outstanding standby letters of credit (a)	9,090		9,053
Standby bond purchase agreements (b)	1,543		1,448
Other commitments (c)	2,733		2,046
Total commitments to extend credit and other commitments	$	223,779	$	220,368

(a)Net outstanding standby letters of credit include $3.7 billion and $3.8 billion at March 31, 2021 and December 31, 2020, respectively, which support remarketing programs.

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

(c)Includes $1.1 billion related to investments in qualified affordable housing projects for both March 31, 2021 and December 31, 2020.