Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 166

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 166
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)Gross Derivative AssetsGross Derivative LiabilitiesRisk management purposesDerivatives designated as hedging instrumentsInterest rate contracts:Fair value swaps - receive fixed/pay floating$5,800 $1 $— $6,800 $— $— Cash flow swaps - receive fixed/pay floating23,350 — — 23,350 — 3 Derivatives used as economic hedgesForeign exchange contracts:Spot, forwards and swaps544 — 2 453 3 — Total risk management purposes29,694 1 2 30,603 3 3 Customer-initiated and other activitiesInterest rate contracts:Caps and floors written1,911 — 9 1,781 — 12 Caps and floors purchased1,911 9 — 1,781 12 — Swaps19,084 148 240 19,189 165 320 Total interest rate contracts22,906 157 249 22,751 177 332 Energy contracts:Caps and floors written4,021 — 266 3,460 — 201 Caps and floors purchased4,021 267 — 3,460 202 — Swaps6,872 310 296 6,338 214 199 Total energy contracts14,914 577 562 13,258 416 400 Foreign exchange contracts:Spot, forwards, options and swaps2,673 40 34 3,117 70 59 Total customer-initiated and other activities40,493 774 845 39,126 663 791 Total gross derivatives$70,187 775 847 $69,729 666 794 Amounts offset in the Consolidated Balance Sheets:Netting adjustment - Offsetting derivative assets/liabilities(357)(357)(330)(330)Netting adjustment - Cash collateral received/posted(54)(17)(80)— Net derivatives included in the Consolidated Balance Sheets (b)364 473 256 464 Amounts not offset in the Consolidated Balance Sheets:Marketable securities pledged under bilateral collateral agreements(66)(124)(143)(2)Net derivatives after deducting amounts not offset in the Consolidated Balance Sheets$298 $349 $113 $462 (a)Notional or contractual amounts, which represent the extent of involvement