Securities Financing Activities (Tables)

3 Months Ended

Mar. 31, 2023

Offsetting [Abstract]

Schedule of Resell Agreements

The following table presents securities borrowed or purchased under agreements to resell:

(Dollars in millions)	Mar 31, 2023		Dec 31, 2022
Securities purchased under agreements to resell	$	2,685	$	2,415
Securities borrowed	952		766
Total securities borrowed or purchased under agreements to resell	$	3,637	$	3,181
Fair value of collateral permitted to be resold or repledged	$	3,520	$	3,058
Fair value of securities resold or repledged	657		864

Schedule of Repurchase Agreements

The following table presents the Company’s related activity, by collateral type and remaining contractual maturity:

	March 31, 2023						December 31, 2022
(Dollars in millions)	Overnight and Continuous		Up to 30 days		Total		Overnight and Continuous		Up to 30 days		Total
U.S. Treasury	$	631	$	10	$	641	$	318	$	—	$	318
State and Municipal	297		—		297		272		—		272
GSE	23		—		23		74		—		74
Agency MBS - residential	666		6		672		1,019		26		1,045
Corporate and other debt securities	185		304		489		369		50		419
Total securities sold under agreements to repurchase	$	1,802	$	320	$	2,122	$	2,052	$	76	$	2,128