v3.26.1
Commitments, Contingent Liabilities, and Guarantees (Tables)
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Commitments to Extend Credit or Funding
The following table shows the remaining contractual amount of each class of commitment related to extending credit or funding principal investments. For loan commitments and commercial letters of credit, this amount represents our maximum possible accounting loss on the unused commitment if the borrower were to draw upon the full amount of the commitment and subsequently default on payment for the total amount of the then outstanding loan.
December 31,
Dollars in millions
20252024
Loan commitments:
Commercial and other$59,731 $57,010 
Commercial real estate and construction3,561 2,855 
Home equity7,793 8,360 
Credit cards6,027 6,784 
Total loan commitments77,112 75,009 
Commercial letters of credit49 63 
Purchase card commitments993 1,048 
Principal investing commitments1 1 
Tax credit investment commitments1,132 1,362 
Total loan and other commitments$79,287 $77,483 
Schedule of Guarantees The following table shows the types of guarantees that we had outstanding at December 31, 2025. 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.”
December 31, 2025Maximum Potential Undiscounted Future PaymentsLiability Recorded
Dollars in millions
Financial guarantees:
Standby letters of credit$6,453 $69 
Recourse agreement with FNMA8,187 57 
Residential mortgage reserve3,418 8 
Written options (a)
3,524 27 
Total$21,582 $161 
(a)The maximum potential undiscounted future payments represent notional amounts of derivatives qualifying as guarantees.