Commitments (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Guarantees [Abstract]

Commitments to Extend Credit and Other Commitments

The following table presents our outstanding commitments to extend credit along with other commitments as of December 31, 2021 and 2020.

Table 78: Commitments to Extend Credit and Other Commitments

In millions	December 31 2021		December 31 2020
Commitments to extend credit
Total commercial lending	$	176,248	$	153,089
Home equity lines of credit	19,410		16,626
Credit card	32,499		31,019
Other	9,081		7,087
Total commitments to extend credit	237,238		207,821
Net outstanding standby letters of credit (a)	9,303		9,053
Standby bond purchase agreements (b)	1,268		1,448
Other commitments (c)	3,045		2,046
Total commitments to extend credit and other commitments	$	250,854	$	220,368

(a)Net outstanding standby letters of credit include $3.3 billion and $3.8 billion at December 31, 2021 and 2020, which support remarketing programs.

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

(c)Includes $2.0 billion and $1.1 billion related to investments in qualified affordable housing projects at December 31, 2021 and 2020, respectively.