Borrowed Funds (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of the Total Borrowed Funds

The following table shows the carrying value of total borrowed funds at March 31, 2025 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity:

Table 59: Borrowed Funds

In millions
Less than 1 year	$	16,933
1 to 2 years	9,765
2 to 3 years	7,665
3 to 4 years	2,431
4 to 5 years	6,421
Over 5 years	17,507
Total	$	60,722

Contractual Rates and Maturity Dates of Borrowings

The following table presents the contractual rates and maturity dates of our FHLB advances, senior debt and subordinated debt as of March 31, 2025, and the carrying values as of March 31, 2025 and December 31, 2024.

Table 60: FHLB Borrowings, Senior Debt and Subordinated Debt

	Stated Rate		Maturity	Carrying Value
Dollars in millions	March 31, 2025		March 31, 2025	March 31, 2025		December 31, 2024
Parent Company
Senior debt	1.15% - 6.88%		2026 - 2036	$	30,578	$	27,369
Subordinated debt	4.63	%	2033	795		777
Junior subordinated debt	5.15	%	2028	206		206
Total Parent Company				31,579		28,352
Bank
Federal Home Loan Bank advances (a)	4.64% - 4.93%		2025 - 2028	18,000		22,000
Senior debt	3.10% - 4.84%		2025 - 2043	4,409		5,128
Subordinated debt	2.70% - 5.90%		2025 - 2029	3,162		3,121
Total Bank				25,571		30,249
Total				$	57,150	$	58,601

(a)FHLB advances are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities.