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Offsetting Assets and Liabilities (Notes)
 9 Months Ended
Sep. 30, 2019
Offsetting Assets and Liabilities [Abstract]  
Cash, Cash Equivalents, and Short-term Investments [Text Block] OFFSETTING ASSETS AND LIABILITIES
Gross and net information for selected financial instruments in the balance sheet is as follows:
September 30, 2019
(In millions)Gross amounts not offset in the balance sheet
DescriptionGross amounts recognizedGross amounts offset in the balance sheetNet amounts presented in the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and security resell agreements
$715  $(211) $504  $—  $—  $504  
Derivatives (included in other assets)210  —  210  —  (1) 209  
Total assets$925  $(211) $714  $—  $(1) $713  
Liabilities:
Federal funds purchased and other short-term borrowings
$4,790  $(211) $4,579  $—  $—  $4,579  
Derivatives (included in other liabilities)
16  —  16  —  (12) 4  
Total Liabilities$4,806  $(211) $4,595  $—  $(12) $4,583  
December 31, 2018
(In millions)Gross amounts not offset in the balance sheet
DescriptionGross amounts recognizedGross amounts offset in the balance sheetNet amounts presented in the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and security resell agreements
$1,461  $—  $1,461  $—  $—  $1,461  
Derivatives (included in other assets)45  —  45  (35) (3) 7  
Total assets$1,506  $—  $1,506  $(35) $(3) $1,468  
Liabilities:
Federal funds purchased and other short-term borrowings
$5,653  $—  $5,653  $—  $—  $5,653  
Derivatives (included in other liabilities)
39  —  39  (35) (1) 3  
Total Liabilities$5,692  $—  $5,692  $(35) $(1) $5,656  
Security repurchase and reverse repurchase (“resell”) agreements are offset, when applicable, in the balance sheet according to master netting agreements. Security repurchase agreements are included with “Federal funds purchased and other short-term borrowings.” Derivative instruments may be offset under their master netting agreements; however, for accounting purposes, we present these items on a gross basis in the Bank’s balance sheet. See Note 7 for further information regarding derivative instruments.