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Securities - Fair Value of Investments with Continuous Unrealized Loss Position (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Available-for-sale:    
Less than 12 months, Fair value $ 11,037,000,000 $ 23,012,000,000
Less than 12 months, Unrealized losses 56,000,000 92,000,000
12 months or more, Fair value 3,755,000,000 10,774,000,000
12 months or more, Unrealized losses 79,000,000 146,000,000
Total, Fair value 14,792,000,000 33,786,000,000
Total, Unrealized losses 135,000,000 238,000,000
AOCI, transfers from AFS to HTM Securities, gross unrealized losses, greater than 12 months 49,000,000 65,000,000
AOCI, transfers from AFS to HTM Securities, gross unrealized losses, less than 12 months 0 0
Grantor Trust    
Available-for-sale:    
Less than 12 months, Fair value 370,000,000  
Agency RMBS    
Available-for-sale:    
Less than 12 months, Fair value 1,126,000,000 8,373,000,000
Less than 12 months, Unrealized losses 3,000,000 33,000,000
12 months or more, Fair value 2,102,000,000 5,912,000,000
12 months or more, Unrealized losses 52,000,000 110,000,000
Total, Fair value 3,228,000,000 14,285,000,000
Total, Unrealized losses 55,000,000 143,000,000
U.S. Treasury    
Available-for-sale:    
Less than 12 months, Fair value 1,041,000,000 1,976,000,000
Less than 12 months, Unrealized losses 1,000,000 16,000,000
12 months or more, Fair value 0 766,000,000
12 months or more, Unrealized losses 0 4,000,000
Total, Fair value 1,041,000,000 2,742,000,000
Total, Unrealized losses 1,000,000 20,000,000
Sovereign debt/sovereign guaranteed    
Available-for-sale:    
Less than 12 months, Fair value 1,069,000,000 4,045,000,000
Less than 12 months, Unrealized losses 1,000,000 10,000,000
12 months or more, Fair value 119,000,000 225,000,000
12 months or more, Unrealized losses 0 1,000,000
Total, Fair value 1,188,000,000 4,270,000,000
Total, Unrealized losses 1,000,000 11,000,000
Agency commercial mortgage-backed securities (“MBS”)    
Available-for-sale:    
Less than 12 months, Fair value 566,000,000 1,960,000,000
Less than 12 months, Unrealized losses 1,000,000 12,000,000
12 months or more, Fair value 306,000,000 775,000,000
12 months or more, Unrealized losses 2,000,000 5,000,000
Total, Fair value 872,000,000 2,735,000,000
Total, Unrealized losses 3,000,000 17,000,000
Foreign covered bonds    
Available-for-sale:    
Less than 12 months, Fair value   1,009,000,000
Less than 12 months, Unrealized losses   4,000,000
12 months or more, Fair value   690,000,000
12 months or more, Unrealized losses   3,000,000
Total, Fair value   1,699,000,000
Total, Unrealized losses   7,000,000
Supranational    
Available-for-sale:    
Less than 12 months, Fair value 1,583,000,000 1,336,000,000
Less than 12 months, Unrealized losses 1,000,000 6,000,000
12 months or more, Fair value 127,000,000 360,000,000
12 months or more, Unrealized losses 0 0
Total, Fair value 1,710,000,000 1,696,000,000
Total, Unrealized losses 1,000,000 6,000,000
Collateralized loan obligations (“CLOs”)    
Available-for-sale:    
Less than 12 months, Fair value 3,449,000,000 1,066,000,000
Less than 12 months, Unrealized losses 31,000,000 2,000,000
12 months or more, Fair value 579,000,000 1,499,000,000
12 months or more, Unrealized losses 13,000,000 14,000,000
Total, Fair value 4,028,000,000 2,565,000,000
Total, Unrealized losses 44,000,000 16,000,000
Foreign government agencies    
Available-for-sale:    
Less than 12 months, Fair value   1,706,000,000
Less than 12 months, Unrealized losses   2,000,000
12 months or more, Fair value   47,000,000
12 months or more, Unrealized losses   0
Total, Fair value   1,753,000,000
Total, Unrealized losses   2,000,000
U.S. government agencies    
Available-for-sale:    
Less than 12 months, Fair value 99,000,000 377,000,000
Less than 12 months, Unrealized losses 2,000,000 2,000,000
12 months or more, Fair value 0 0
12 months or more, Unrealized losses 0 0
Total, Fair value 99,000,000 377,000,000
Total, Unrealized losses 2,000,000 2,000,000
Other ABS    
Available-for-sale:    
Less than 12 months, Fair value 675,000,000 456,000,000
Less than 12 months, Unrealized losses 2,000,000 3,000,000
12 months or more, Fair value 229,000,000 305,000,000
12 months or more, Unrealized losses 2,000,000 2,000,000
Total, Fair value 904,000,000 761,000,000
Total, Unrealized losses 4,000,000 5,000,000
Non-agency commercial MBS    
Available-for-sale:    
Less than 12 months, Fair value 358,000,000 525,000,000
Less than 12 months, Unrealized losses 6,000,000 2,000,000
12 months or more, Fair value 194,000,000 45,000,000
12 months or more, Unrealized losses 4,000,000 0
Total, Fair value 552,000,000 570,000,000
Total, Unrealized losses 10,000,000 2,000,000
Non-agency RMBS    
Available-for-sale:    
Less than 12 months, Fair value 636,000,000 101,000,000
Less than 12 months, Unrealized losses 3,000,000 0
12 months or more, Fair value 97,000,000 113,000,000
12 months or more, Unrealized losses 6,000,000 7,000,000
Total, Fair value 733,000,000 214,000,000
Total, Unrealized losses 9,000,000 7,000,000
Non-agency RMBS | Grantor Trust    
Available-for-sale:    
Less than 12 months, Fair value 22,000,000 2,000,000
Less than 12 months, Unrealized losses 1,000,000 1,000,000
12 months or more, Fair value 1,000,000 2,000,000
12 months or more, Unrealized losses 1,000,000 1,000,000
State and political subdivisions    
Available-for-sale:    
Less than 12 months, Fair value 262,000,000 0
Less than 12 months, Unrealized losses 4,000,000 0
12 months or more, Fair value 2,000,000 16,000,000
12 months or more, Unrealized losses 0 0
Total, Fair value 264,000,000 16,000,000
Total, Unrealized losses 4,000,000 0
Corporate bonds    
Available-for-sale:    
Less than 12 months, Fair value   82,000,000
Less than 12 months, Unrealized losses   0
12 months or more, Fair value   21,000,000
12 months or more, Unrealized losses   0
Total, Fair value   103,000,000
Total, Unrealized losses   $ 0
Corporate Bond Securities    
Available-for-sale:    
Less than 12 months, Fair value 173,000,000  
Less than 12 months, Unrealized losses 1,000,000  
12 months or more, Fair value 0  
12 months or more, Unrealized losses 0  
Total, Fair value 173,000,000  
Total, Unrealized losses $ 1,000,000