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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:        
Interest income $ 293 $ 318 $ 589 $ 613
Interest expense 112 101 210 200
Net interest income 181 217 379 413
Other gain (loss), net:        
Gain (loss) on sale of investment securities, net 15 55 (69) 53
Unrealized gain on investment securities measured at fair value through net income, net 9 0 25 11
Loss on derivative instruments and other securities, net (169) (367) (209) (1,311)
Management fee income 4 0 7 0
Total other loss, net: (141) (312) (246) (1,247)
Expenses:        
Management fee expense 0 25 0 52
Compensation and benefits 10 0 20 0
Other operating expenses 6 15 13 21
Total operating expenses 16 40 33 73
Net income (loss) 24 (135) 100 (907)
Dividend on preferred stock 7 7 14 14
Net income (loss) available (attributable) to common stockholders 17 (142) 86 (921)
Other comprehensive income (loss):        
Unrealized gain on available-for-sale securities, net (121) (370) (167) (1,135)
Unrealized gain on derivative instruments, net 0 12 0 31
Other comprehensive income 121 382 167 1,166
Comprehensive income 145 247 267 259
Comprehensive income available to common stockholders $ 138 $ 240 $ 253 $ 245
Weighted average number of common shares outstanding - basic 346.4 331.0 338.8 332.7
Weighted average number of common shares outstanding - diluted 346.5 331.0 338.9 332.7
Net income (loss) per common share - basic and diluted $ 0.05 $ (0.43) $ 0.25 $ (2.77)
Dividends declared per common share $ 0.54 $ 0.60 $ 1.08 $ 1.20