Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

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	September 30, 2023		December 31, 2022
Financing Commitments
Financing assets (excluding leases)	$	62,689	$	23,452
Letters of Credit
Standby letters of credit	2,721		436
Other letters of credit	114		44
Deferred Purchase Agreements	2,087		2,039
Purchase and Funding Commitments (1)	1,014		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.