BORROWED FUNDS (Tables)

3 Months Ended

Mar. 31, 2020

summary of the Company’s long-term borrowed funds:



(in millions)	March 31, 2020		December 31, 2019
Parent Company:
2.375% fixed-rate senior unsecured debt, due July 2021		$350		$349
4.150% fixed-rate subordinated debt, due September 2022	348		348
3.750% fixed-rate subordinated debt, due July 2024	250		250
4.023% fixed-rate subordinated debt, due October 2024	42		42
4.350% fixed-rate subordinated debt, due August 2025	249		249
4.300% fixed-rate subordinated debt, due December 2025	750		750
2.850% fixed-rate senior unsecured notes, due July 2026	496		496
2.500% fixed-rate senior unsecured notes, due February 2030	298		—
CBNA’s Global Note Program:
2.250% senior unsecured notes, due March 2020	—		700
2.678% floating-rate senior unsecured notes, due March 2020 ⁽¹⁾	—		300
2.217% floating-rate senior unsecured notes, due May 2020 ⁽¹⁾	250		250
2.200% senior unsecured notes, due May 2020	500		500
2.250% senior unsecured notes, due October 2020	753		750
2.550% senior unsecured notes, due May 2021	1,005		991
3.250% senior unsecured notes, due February 2022	724		711
2.424% floating-rate senior unsecured notes, due February 2022 ⁽¹⁾	299		299
2.457% floating-rate senior unsecured notes, due May 2022 ⁽¹⁾	250		250
2.650% senior unsecured notes, due May 2022	514		501
3.700% senior unsecured notes, due March 2023	532		515
2.325% floating-rate senior unsecured notes, due March 2023 ⁽¹⁾	249		249
3.750% senior unsecured notes, due February 2026	555		521
Additional Borrowings by CBNA and Other Subsidiaries:
Federal Home Loan Bank advances, 0.56% weighted average rate, due through 2038	8,007		5,008
Other	16		18
Total long-term borrowed funds		$16,437		$14,047

⁽¹⁾Rate disclosed reflects the floating rate as of March 31, 2020 or final rate, as applicable.

Schedule of maturities of long-term borrowed funds

The following table presents a summary of maturities for the Company’s long-term borrowed funds at March 31, 2020:



(in millions)	Parent Company		CBNA and Other Subsidiaries		Consolidated
Year
2020		$—		$1,508		$1,508
2021	349		9,010		9,359
2022	349		1,793		2,142
2023	—		782		782
2024	292		—		292
2025 and thereafter	1,793		561		2,354
Total		$2,783		$13,654		$16,437

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details