Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 162

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7A
Chunk 162
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153 Liabilities:Derivative liabilities:Interest rate contracts$— 939 5 944 Foreign exchange contracts— 1,120 — 1,120 Equity contracts— — 170 170 Commodity contracts57 507 — 564 Derivative liabilities(d)57 2,566 175 2,798 Short positions:U.S. Treasury and federal agencies securities139 — — 139 Asset-backed securities and other debt securities— 156 — 156 Equity securities21 — — 21 Short positions(d)160 156 — 316 Total liabilities$217 2,722 175 3,114 (a)Excludes FHLB, FRB and DTCC restricted stock holdings totaling $276, $500 and $2, respectively, at December 31, 2024.(b)Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment.(c)Included in other assets in the Consolidated Balance Sheets.(d)Included in other liabilities in the Consolidated Balance Sheets.

187 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Fair Value Measurements UsingDecember 31, 2023 ($ in millions)Level 1Level 2Level 3Total Fair ValueAssets:   Available-for-sale debt and other securities:U.S. Treasury and federal agencies securities$4,336 — — 4,336 Obligations of states and political subdivisions securities— 2 — 2 Mortgage-backed securities:Agency residential mortgage-backed securities— 10,282 — 10,282 Agency commercial mortgage-backed securities— 25,720 — 25,720 Non-agency commercial mortgage-backed securities— 4,445 — 4,445 Asset-backed securities and other debt securities— 4,912 — 4,912 Available-for-sale debt and other securities(a)4,336 45,361 — 49,697 Trading debt securities:U.S. Treasury and federal agencies securities640 7 — 647 Obligations of states and political subdivisions securities— 39 — 39 Agency residential mortgage-backed securities— 6 — 6 Asset-backed securities and other debt securities— 207 — 207 Trading debt securities640 259 — 899