v3.25.2
Borrowed Funds (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of the Total Borrowed Funds
The following table shows the carrying value of total borrowed funds at June 30, 2025 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity:
Table 60: Borrowed Funds
In millions
Less than 1 year$13,979 
1 to 2 years11,672 
2 to 3 years7,158 
3 to 4 years6,200 
4 to 5 years4,338 
Over 5 years17,077 
Total$60,424 
Contractual Rates and Maturity Dates of Borrowings
The following table presents the contractual rates and maturity dates of our FHLB advances, senior debt and subordinated debt as of June 30, 2025, and the carrying values as of June 30, 2025 and December 31, 2024.
Table 61: FHLB Advances, Senior Debt and Subordinated Debt
 Stated RateMaturityCarrying Value
Dollars in millionsJune 30, 2025June 30, 2025June 30, 2025December 31, 2024
Parent Company
Senior debt
1.15% - 6.88%
2026 - 2036$31,094 $27,369 
Subordinated debt4.63%2033806 777 
Junior subordinated debt5.16%2028206 206 
Total Parent Company  32,106 28,352 
Bank
Federal Home Loan Bank advances (a)
4.73% - 4.98%
2025 - 202818,000 22,000 
Senior debt
3.10% - 4.89%
2027 - 20434,656 5,128 
Subordinated debt
2.70% - 5.90%
2025 - 20292,478 3,121 
Total Bank  25,134 30,249 
Total $57,240 $58,601 
(a)FHLB advances are generally collateralized by residential mortgage loans, other mortgage-related loans and investment securities.