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Securities (Tables)
 12 Months Ended
Dec. 31, 2013
Securities  
Amortized Cost, Gross Unrealized Gains, Gross Unrealized Losses, and Fair Values of Securities

 

 
   December 31, 2013  
(Dollars in millions)   Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair
Value		  

Asset Liability Management securities:

                          

U.S. government-sponsored agencies

   $ 73   $ —   $ —   $ 73  

Residential mortgage-backed securities:

                          

U.S. government agency and government-sponsored agencies

     9,194     2     296     8,900  

Privately issued

     220     4     2     222  

Commercial mortgage-backed securities

     1,947     8     85     1,870  

Collateralized loan obligations

     2,670     25     22     2,673  

Asset-backed and other

     34     1     —     35  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Asset Liability Management securities          

     14,138     40     405     13,773  

Other debt securities:

                          

Direct bank purchase bonds

     1,968     35     43     1,960  

Other

     81     —     5     76  

Equity securities

     7     1     —     8  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities available for sale

   $ 16,194   $ 76   $ 453   $ 15,817  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

 

 
   December 31, 2012  
(Dollars in millions)   Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair
Value		  

Asset Liability Management securities:

                          

U.S. government-sponsored agencies

   $ 866   $ 19   $ —   $ 885  

Residential mortgage-backed securities:

                          

U.S. government agency and government-sponsored agencies

     13,104     232     3     13,333  

Privately issued

     445     8     10     443  

Commercial mortgage-backed securities

     2,863     114     6     2,971  

Collateralized loan obligations

     1,996     7     44     1,959  

Asset-backed and other

     145     1     —     146  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Asset Liability Management securities          

     19,419     381     63     19,737  

Other debt securities:

                          

Direct bank purchase bonds

     1,482     27     71     1,438  

Other

     156     6     4     158  

Equity securities

     19     —     —     19  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities available for sale

   $ 21,076   $ 414   $ 138   $ 21,352  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
Proceeds from Sales of Securities Available for Sale and Gross Realized Gains and Losses

 

 
   For the Years Ended
December 31,		  
(Dollars in millions)   2013   2012   2011  

Proceeds from sales

   $ 8,340   $ 6,845   $ 4,556  

Gross realized gains

     190     113     59  

Gross realized losses

     3     2     —  
Schedule of Held to Maturity Securities Recognized and Not Recognized in Other Comprehensive Income (OCI) and Fair Values

 

 

 
   December 31, 2013  
 
    
   Recognized in
OCI		    
   Not Recognized in
OCI		    
  
(Dollars in millions)   Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Carrying
Amount		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair
Value		  

U.S. government agency and government-sponsored agencies—residential mortgage backed securities

   $ 5,065   $ 7   $ 77   $ 4,995   $ 8   $ 69   $ 4,934  

Commercial mortgage-backed securities

     1,606     —     92     1,514     3     12     1,505  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities held to maturity

   $ 6,671   $ 7   $ 169   $ 6,509   $ 11   $ 81   $ 6,439  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                               


 

 
   December 31, 2012  
 
    
   Recognized in
OCI		    
   Not Recognized in
OCI		    
  
(Dollars in millions)   Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Carrying
Amount		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair
Value		  

U.S. government agency and government-sponsored agencies—residential mortgage backed securities

   $ 997   $ 5   $ —   $ 1,002   $ 12   $ —   $ 1,014  

Collateralized loan obligations

     118     —     17     101     20     —     121  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities held to maturity

   $ 1,115   $ 5   $ 17   $ 1,103   $ 32   $ —   $ 1,135  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                               
Securities Available for Sale
  
Securities  
Securities in Unrealized Loss Position

 

 
   December 31, 2013  
 
   Less than 12 months   12 months or more   Total  
(Dollars in millions)   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		  

Asset Liability Management securities:

                                      

Residential mortgage-backed securities:

                                      

U.S. government agency and government-sponsored agencies

   $ 8,508   $ 293   $ 147   $ 3   $ 8,655   $ 296  

Privately issued

     72     2     18     —     90     2  

Commercial mortgage-backed securities

     1,274     80     58     5     1,332     85  

Collateralized loan obligations

     1,879     21     10     1     1,889     22  

Asset-backed and other

     —     —     1     —     1     —  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Asset Liability Management securities

     11,733     396     234     9     11,967     405  

Other debt securities:

                                      

Direct bank purchase bonds

     537     18     778     25     1,315     43  

Other

     15     1     34     4     49     5  

Equity securities

     5     —     —     —     5     —  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities available for sale

   $ 12,290   $ 415   $ 1,046   $ 38   $ 13,336   $ 453  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                           

 

 
   December 31, 2012  
 
   Less than 12 months   12 months or more   Total  
(Dollars in millions)   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		  

Asset Liability Management securities:

                                      

Residential mortgage-backed securities:

                                      

U.S. government agency and government-sponsored agencies

   $ 1,152   $ 3   $ 13   $ —   $ 1,165   $ 3  

Privately issued

     32     —     137     10     169     10  

Commercial mortgage-backed securities

     675     6     —     —     675     6  

Collateralized loan obligations

     168     1     980     43     1,148     44  

Asset-backed and other

     32     —     3     —     35     —  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Asset Liability Management securities

     2,059     10     1,133     53     3,192     63  

Other debt securities:

                                      

Direct bank purchase bonds

     1,019     71     —     —     1,019     71  

Other

     34     3     13     1     47     4  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities available for sale

   $ 3,112   $ 84   $ 1,146   $ 54   $ 4,258   $ 138  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                           
Debt Securities by Contractual Maturity

 

 
   December 31, 2013  
(Dollars in millions)   One Year or
Less		   Over One Year
Through
Five Years		   Over Five Years
Through
Ten Years		   Over Ten Years   Total Fair
Value		  

Asset Liability Management securities:

                                

U.S. government-sponsored agencies

   $ 73   $ —   $ —   $ —   $ 73  

Residential mortgage-backed securities:

                                

U.S. government agency and government-sponsored agencies

     2     42     602     8,254     8,900  

Privately issued

     —     —     6     216     222  

Commercial mortgage-backed securities

     —     —     34     1,836     1,870  

Collateralized loan obligations

     —     346     547     1,780     2,673  

Asset-backed and other

     —     27     8     —     35  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Asset Liability Management securities

     75     415     1,197     12,086     13,773  

Other debt securities:

                                

Direct bank purchase bonds

     149     288     1,005     518     1,960  

Other

     —     22     14     40     76  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total debt securities available for sale

   $ 224   $ 725   $ 2,216   $ 12,644   $ 15,809  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       
Securities Held to Maturity
  
Securities  
Securities in Unrealized Loss Position

 

 

 
   December 31, 2013  
 
   Less than 12 months   12 months or more   Total  
 
    
   Unrealized Losses    
   Unrealized Losses    
   Unrealized Losses  
(Dollars in millions)   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		  

U.S. government agency and government-sponsored agencies—residential mortgage backed securities

   $ 3,873   $ 76   $ 68   $ 54   $ 1   $ 1   $ 3,927   $ 77   $ 69  

Commercial mortgage-backed securities

     1,016     46     10     489     46     2     1,505     92     12  
                                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities held to maturity

   $ 4,889   $ 122   $ 78   $ 543   $ 47   $ 3   $ 5,432   $ 169   $ 81  
                                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                       


 

 
   December 31, 2012  
 
   Less than 12 months   12 months or more   Total  
 
    
   Unrealized Losses    
   Unrealized Losses    
   Unrealized Losses  
(Dollars in millions)   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		   Fair
Value		   Recognized
in OCI		   Not Recognized
in OCI		  

Collateralized loan obligations

   $ —   $ —   $ —   $ 121   $ 17   $ —   $ 121   $ 17   $ —  
                                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                       
Debt Securities by Contractual Maturity

 

 

 
   December 31, 2013  
 
   Over One Year
Through Five Years		   Over Five Years
Through Ten Years		   Over Ten Years   Total  
(Dollars in millions)   Carrying
Amount		   Fair
Value		   Carrying
Amount		   Fair
Value		   Carrying
Amount		   Fair
Value		   Carrying
Amount		   Fair
Value		  

U.S. government agency and government-sponsored agencies—residential mortgage backed securities

   $ 4   $ 4   $ —   $ —   $ 4,991   $ 4,930   $ 4,995   $ 4,934  

Commercial mortgage-backed securities

     —     —     835     834     679     671     1,514     1,505  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total securities held to maturity

   $ 4   $ 4   $ 835   $ 834   $ 5,670   $ 5,601   $ 6,509   $ 6,439  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​