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Contingent Liabilities and Guarantees (Tables)
 6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Guarantees The following table shows the types of guarantees that we had outstanding at June 30, 2024. Information pertaining to the basis for determining the liabilities recorded in connection with these guarantees is included in Note 1 (“Summary of Significant Accounting Policies”) under the heading “Contingencies and Guarantees” beginning on page 115 of our 2023 Form 10-K.
June 30, 2024Maximum Potential Undiscounted Future PaymentsLiability Recorded
Dollars in millions
Financial guarantees:
Standby letters of credit$4,150 $76 
Recourse agreement with FNMA7,641 88 
Residential mortgage reserve3,359 9 
Written put options (a)
2,506 115 
Total$17,656 $288 
(a)The maximum potential undiscounted future payments represent notional amounts of derivatives qualifying as guarantees.