Medium- And Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2024

Medium- and long-term debt is summarized as follows:


(in millions)	September 30, 2024		December 31, 2023
Parent company
Subordinated notes:
3.80% subordinated notes due 2026	$	245	$	241
Medium- and long-term notes:
4.00% notes due 2029	533		523
5.982% notes due 2030	1,014		—
Total medium- and long-term notes	1,547		523
Total parent company	1,792		764
Subsidiaries
Subordinated notes:
4.00% subordinated notes due 2025	344		337
7.875% subordinated notes due 2026	159		162
5.332% subordinated notes due 2033	475		466
Total subordinated notes	978		965
Medium- and long-term notes:
2.50% notes due July 2024	—		489
FHLB advances:
5.07% advance due 2025	999		995
4.79% advance due 2026	1,003		997
4.49% advance due 2027	1,007		999
4.49% advance due 2028	1,007		997
Total FHLB advances	4,016		3,988
Total subsidiaries	4,994		5,442
Total medium- and long-term debt	$	6,786	$	6,206

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details