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Borrowings
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Borrowings Borrowings
Short-Term Borrowings

The types of short-term borrowings that have been, or may be, used by the Company include Federal funds purchased, securities sold under repurchase agreements, master notes, commercial paper, short-term bank notes, and short-term FHLB advances. The carrying value of FHLB advances classified as short-term borrowings was $17.6 billion at June 30, 2026 and $22.1 billion at December 31, 2025. Additionally, securities sold short, which are used for client-related trading activities, are classified as Short-term borrowings in the Consolidated Balance Sheets. Refer to “Note 13. Fair Value Disclosures” for additional information on securities sold short and “Note 2. Securities Financing Activities” for information on securities sold under repurchase agreements.

Long-Term Debt

The types of long-term debt that have been, or may be, used by the Company include fixed and floating rate senior and subordinated notes and FHLB advances, which are typically prepayable and may be used for short-term liquidity management. The majority of long-term debt is redeemable at our option at one or more dates prior to contractual maturity. The following table presents a summary of long-term debt:

(Dollars in millions)Jun 30, 2026Dec 31, 2025
Truist Financial Corporation:
Fixed rate senior notes$20,327 $20,093 
Fixed rate subordinated notes1,589 1,818 
Capital notes641 639 
Truist Bank:
Fixed rate senior notes5,013 4,476 
Floating rate senior notes849 499 
Fixed rate subordinated notes2,779 3,553 
Floating rate FHLB advances
10,150 9,450 
Other long-term debt(1)
1,628 1,435 
Total long-term debt$42,976 $41,963 
(1)Includes debt associated with finance leases and tax credit investments.