Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 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	December 31, 2022		December 31, 2021
Financing Commitments
Financing assets (excluding leases)	$	23,452	$	13,011
Letters of Credit
Standby letters of credit	436		92
Other letters of credit	44		24
Deferred Purchase Agreements	2,039		—
Purchase and Funding Commitments (1)
Lessor commitments (1)	941		—

(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 and upgrade commitments.