Net interest revenue (Tables)

12 Months Ended

Dec. 31, 2016

Interest Revenue (Expense), Net [Abstract]

Components of Net Interest Revenue

The following table provides the components of net interest revenue presented on the consolidated income statement.

Net interest revenue
(in millions)	2016			2015			2014
Interest revenue
Non-margin loans	$	873		$	727		$	697
Margin loans	265			207			182
Securities:
Taxable	1,772			1,813			1,603
Exempt from federal income taxes	70			82			100
Total securities	1,842			1,895			1,703
Deposits with banks	104			104			238
Deposits with the Federal Reserve and other central banks	198			170			207
Federal funds sold and securities purchased under resale agreements	233			147			86
Trading assets	60			76			121
Total interest revenue	3,575			3,326			3,234
Interest expense
Deposits in domestic offices	41			30			29
Deposits in foreign offices	(25		)	7			54
Federal funds purchased and securities sold under repurchase agreements	36			(6		)	(13		)
Trading liabilities	6			9			25
Other borrowed funds	8			9			6
Commercial paper	5			2			2
Customer payables	12			7			9
Long-term debt	354			242			242
Total interest expense	437			300			354
Net interest revenue	3,138			3,026			2,880
Provision for credit losses	(11		)	160			(48		)
Net interest revenue after provision for credit losses	$	3,149		$	2,866		$	2,928