Cash and Cash Equivalents

3 Months Ended

Mar. 31, 2022

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

Cash and Cash Equivalents

The following table details our cash and cash equivalents at March 31, 2022 and December 31, 2021:

(Dollars in millions)	March 31, 2022		December 31, 2021
Cash and due from banks	$	1,713	$	2,201
Interest bearing deposits with the Federal Reserve Bank	13,246		5,686
Interest bearing deposits with other institutions	5,147		5,773
Securities purchased under agreements to resell (1)	420		607
Other short-term investment securities	80		352
Total cash and cash equivalents	$	20,606	$	14,619

(1)At March 31, 2022 and December 31, 2021, securities purchased under agreements to resell were collateralized by U.S. Treasury securities and U.S. agency securities with aggregate fair values of $427 million and $620 million, respectively. None of these securities were sold or repledged as of March 31, 2022 and December 31, 2021.