Securities Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2017

Transfers and Servicing [Abstract]

Schedule of Offsetting Assets

The following tables present the offsetting of financial assets and liabilities as of September 30, 2017 and December 31, 2016:

	September 30, 2017
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Net Amount
Financial Assets:
Derivative assets	$	1,379	$	613	$	766	$	30	$	736
Securities borrowed or purchased under resale agreements	31,006		9,115		21,891		21,817		74
Total	$	32,385	$	9,728	$	22,657	$	21,847	$	810
Financial Liabilities:
Derivative liabilities	$	1,168	$	691	$	477	$	154	$	323
Securities loaned or sold under repurchase agreements	36,422		9,115		27,307		26,639		668
Total	$	37,590	$	9,806	$	27,784	$	26,793	$	991

	December 31, 2016
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative assets	$	1,626	$	770	$	856	$	20	$	—	$	836
Securities borrowed or purchased under resale agreements	31,386		11,639		19,747		19,657		—		90
Total	$	33,012	$	12,409	$	20,603	$	19,677	$	—	$	926
Financial Liabilities:
Derivative liabilities	$	1,684	$	1,047	$	637	$	176	$	5	$	456
Securities loaned or sold under repurchase agreements	36,255		11,639		24,616		23,812		—		804
Total	$	37,939	$	12,686	$	25,253	$	23,988	$	5	$	1,260

Schedule of Offsetting Liabilities

The following tables present the offsetting of financial assets and liabilities as of September 30, 2017 and December 31, 2016:

	September 30, 2017
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Net Amount
Financial Assets:
Derivative assets	$	1,379	$	613	$	766	$	30	$	736
Securities borrowed or purchased under resale agreements	31,006		9,115		21,891		21,817		74
Total	$	32,385	$	9,728	$	22,657	$	21,847	$	810
Financial Liabilities:
Derivative liabilities	$	1,168	$	691	$	477	$	154	$	323
Securities loaned or sold under repurchase agreements	36,422		9,115		27,307		26,639		668
Total	$	37,590	$	9,806	$	27,784	$	26,793	$	991

	December 31, 2016
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative assets	$	1,626	$	770	$	856	$	20	$	—	$	836
Securities borrowed or purchased under resale agreements	31,386		11,639		19,747		19,657		—		90
Total	$	33,012	$	12,409	$	20,603	$	19,677	$	—	$	926
Financial Liabilities:
Derivative liabilities	$	1,684	$	1,047	$	637	$	176	$	5	$	456
Securities loaned or sold under repurchase agreements	36,255		11,639		24,616		23,812		—		804
Total	$	37,939	$	12,686	$	25,253	$	23,988	$	5	$	1,260

Secured Borrowings by Contractual Maturity and Class of Collateral Pledged

The following tables present the gross obligations for securities sold under agreements to repurchase and securities loaned by remaining contractual maturity and class of collateral pledged as of September 30, 2017 and December 31, 2016:

	September 30, 2017
	Overnight and		Up to		31 - 90		Greater than
(Dollars in millions)	continuous		30 days		days		90 days		Total
Securities sold under agreements to repurchase:
U.S. Treasury securities	$	11,553	$	2,083	$	566	$	—	$	14,202
U.S. agency securities	526		—		—		—		526
Other sovereign government obligations	—		—		3		—		3
Money market securities	106		—		—		—		106
Asset-backed securities	—		1		79		—		80
Mortgage-backed securities	8,158		4,640		5,315		450		18,563
Corporate bonds	352		364		1,112		—		1,828
Municipal securities	304		10		236		—		550
Equities	50		34		150		—		234
Total	$	21,049	$	7,132	$	7,461	$	450	$	36,092
Securities loaned:
Corporate bonds	$	—	$	—	$	—	$	—	$	—
Equities	233		—		97		—		330
Total	$	233	$	—	$	97	$	—	$	330

	December 31, 2016
	Overnight and		Up to		31 - 90		Greater than
(Dollars in millions)	continuous		30 days		days		90 days		Total
Securities sold under agreements to repurchase:
U.S. Treasury securities	$	11,419	$	1,523	$	712	$	316	$	13,970
U.S. agency securities	42		30		—		—		72
Other sovereign government obligations	—		—		16		—		16
Asset-backed securities	20		15		66		—		101
Mortgage-backed securities	8,792		4,450		4,750		—		17,992
Corporate bonds	405		800		909		—		2,114
Municipal securities	74		65		299		—		438
Equities	452		275		164		—		891
Total	$	21,204	$	7,158	$	6,916	$	316	$	35,594
Securities loaned:
Corporate bonds	$	8	$	—	$	—	$	—	$	8
Equities	562		—		91		—		653
Total	$	570	$	—	$	91	$	—	$	661