Derivative Instruments and Other Financial Instruments Used For Hedging (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts, Balance Sheet Location and Fair Value Amounts of Derivative Instruments

The table below presents the notional amounts and fair value amounts of the Company's derivative instruments reported on the consolidated balance sheets, segregated between derivative instruments designated and qualifying as hedging instruments and derivative instruments not designated as hedging instruments at March 31, 2019 and December 31, 2018. Asset and liability values are presented gross, excluding the impact of legally enforceable master netting and credit support annex agreements. The fair value of asset and liability derivatives designated and qualifying as hedging instruments and derivatives designated as other risk management are included in other assets and other liabilities, respectively. The fair value of asset and liability trading derivatives are included in trading account assets and trading account liabilities, respectively.

	March 31, 2019						December 31, 2018
			Fair Value						Fair Value
(Dollars in millions)	Notional Amount		Asset Derivatives		Liability Derivatives		Notional Amount		Asset Derivatives		Liability Derivatives
Derivative instruments
Cash flow hedges:
Interest rate contracts	$	4,116	$	20	$	—	$	674	$	6	$	—
Not designated as hedging instruments:
Trading:
Interest rate contracts	297,213		713		517		189,478		531		600
Commodity contracts	273		18		13		336		25		18
Foreign exchange contracts	8,801		251		157		8,475		260		168
Equity contracts	284		12		12		300		22		13
Other contracts	120		1		1		127		—		—
Total Trading	306,691		995		700		198,716		838		799
Other risk management	2,104		10		5		1,704		27		5
Total derivative instruments	$	312,911	$	1,025	$	705	$	201,094	$	871	$	804

Amount and Location of Gains and Losses for Derivatives Designated as Cash Flow Hedges

The following table presents the amount and location of the net gains and losses recorded in the Company’s consolidated statements of income and changes in stockholders' equity for derivative instruments designated as cash flow hedges for the three months ended March 31, 2019 and 2018.

	Gains (Losses) Recognized in OCI						Gains (Losses) Reclassified from AOCI into Income						Gains (Losses) Recognized in Income (Ineffective Portion)
	For the Three Months Ended March 31,						For the Three Months Ended March 31,						For the Three Months Ended March 31,
(Dollars in millions)	2019		2018			Location	2019			2018		Location	2018
Derivatives in cash flow hedging relationships
						Interest income	$	(19	)	$	—
Interest rate contracts	$	14	$	(79	)	Interest expense	—			—		Noninterest expense	$	—
Total	$	14	$	(79	)		$	(19	)	$	—		$	—

Schedule of derivative gains (losses) on the Company's fair value hedges

The following table presents gains (losses) on the Company's fair value hedges and hedged item for the three months ended March 31, 2018.

	For the Three Months Ended March 31, 2018
(Dollars in millions)	Derivative			Hedged Item		Hedge Ineffectiveness
Interest rate risk on long-term debt	$	(2	)	$	2	$	—
Total	$	(2	)	$	2	$	—

Gain or (Loss) Recognized in Income on Derivative Instruments

The following table presents the amount of the net gains and losses for derivative instruments classified as trading reported in the consolidated statements of income under the heading trading account activities for the three months ended March 31, 2019 and 2018.

	Gains (Losses) Recognized in Income on Trading Derivatives
	For the Three Months Ended
(Dollars in millions)	March 31, 2019			March 31, 2018
Trading derivatives
Interest rate contracts	$	(35	)	$	113
Equity contracts	4			17
Foreign exchange contracts	11			9
Total	$	(20	)	$	139