Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Fair Value, Off-balance Sheet Risks

The accompanying table summarizes credit-related commitments and other purchase and funding commitments:

dollars in millions	June 30, 2022		December 31, 2021
Financing Commitments
Financing assets (excluding leases)	$	22,463	$	13,011
Letters of Credit
Standby letters of credit	351		92
Other letters of credit	34		24
Deferred Purchase Agreements	1,897		—
Purchase and Funding Commitments
Lessor commitments(1)	701		—

(1)BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund finance leases and operating leases, and Rail’s railcar manufacturer purchase commitments.