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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2024
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 millionsMarch 31, 2024December 31, 2023
Financing Commitments
Financing assets (excluding leases)$56,685 $57,567 
Letters of Credit
Standby letters of credit2,224 2,412 
Other letters of credit104 103 
Deferred Purchase Agreements1,742 2,076 
Purchase and Funding Commitments (1)
551 685 
(1)    BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund Rail’s railcar manufacturer purchase and upgrade commitments.