Commitments (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Guarantees [Abstract]

Commitments to Extend Credit and Other Commitments

Table 64: Commitments to Extend Credit and Other Commitments

In millions	September 30 2021		December 31 2020
Commitments to extend credit
Commercial	$	177,033	$	153,089
Home equity lines of credit	19,300		16,626
Credit card	34,488		31,019
Other	10,693		7,087
Total commitments to extend credit	241,514		207,821
Net outstanding standby letters of credit (a)	9,495		9,053
Standby bond purchase agreements (b)	1,300		1,448
Other commitments (c)	2,745		2,046
Total commitments to extend credit and other commitments	$	255,054	$	220,368

(a)Net outstanding standby letters of credit include $3.4 billion and $3.8 billion at September 30, 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 $1.7 billion and $1.1 billion related to investments in qualified affordable housing projects for September 30, 2021 and December 31, 2020, respectively.