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Borrowed Funds (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Total Borrowed Funds The following table shows the carrying value of total borrowed funds at September 30, 2023 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity:
Table 58: Borrowed Funds
In millions
Less than 1 year$14,193 
1 to 2 years21,763 
2 to 3 years12,138 
3 to 4 years1,945 
4 to 5 years2,931 
Over 5 years13,197 
Total$66,167 
Contractual Rates and Maturity Dates of Borrowings
The following table presents the contractual rates and maturity dates of our FHLB borrowings, senior debt and subordinated debt as of September 30, 2023, and the carrying values as of September 30, 2023 and December 31, 2022.
Table 59: FHLB Borrowings, Senior Debt and Subordinated Debt
 Stated RateMaturityCarrying Value
Dollars in millionsSeptember 30, 2023September 30, 2023September 30, 2023December 31, 2022
Parent Company
Senior debt
1.20% - 6.00%
2024-2034$17,880 $11,374 
Subordinated debt
3.90% - 4.60%
2024-20331,493 1,524 
Junior subordinated debt6.20 %2028205 205 
Total Parent Company  19,578 13,103 
Bank
Federal Home Loan Bank borrowings (a)
5.50% - 5.90%
2024-202636,000 32,075 
Senior debt
2.50% - 6.10%
2024-20434,527 5,283 
Subordinated debt
2.70% - 5.90%
2025-20293,030 4,578 
Total Bank  43,557 41,936 
Total  $63,135 $55,039 
(a)FHLB borrowings are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities.