v3.26.1
Contingent Liabilities and Guarantees (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Guarantees The following table shows the types of guarantees that we had outstanding at June 30, 2026. 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 2025 Form 10-K.
June 30, 2026Maximum Potential Undiscounted Future PaymentsLiability Recorded
Dollars in millions
Financial guarantees:
Standby letters of credit$6,934 $72 
Recourse agreement with FNMA8,200 62 
Residential mortgage reserve3,431 7 
Written options (a)
4,000 35 
Total$22,565 $176 
(a)The maximum potential undiscounted future payments represent notional amounts of derivatives qualifying as guarantees.