Commitments (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31, 2024 and December 31, 2023, respectively.Table 58: Commitments to Extend Credit and Other Commitments

In millions	March 31, 2024		December 31, 2023
Commitments to extend credit
Commercial	$	201,828	$	203,080
Home equity	24,170		23,970
Credit card	34,547		33,978
Other	7,542		7,363
Total commitments to extend credit	268,087		268,391
Net outstanding standby letters of credit (a)	10,651		10,913
Standby bond purchase agreements (b)	1,194		1,078
Other commitments (c)	4,343		4,386
Total commitments to extend credit and other commitments	$	284,275	$	284,768

(a)Net outstanding standby letters of credit include $3.5 billion and $3.9 billion at March 31, 2024 and December 31, 2023, respectively, which support remarketing programs.

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

(c)Includes $2.1 billion related to investments in qualified affordable housing projects at both March 31, 2024 and December 31, 2023.