Medium- And Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule Of Medium- And Long-Term Debt

Medium- and long-term debt is summarized as follows:

(in millions)	March 31, 2019		December 31, 2018
Parent company
Subordinated notes:
3.80% subordinated notes due 2026 (a)	$	256	$	250
Medium- and long-term notes:
2.125% notes due 2019 (a)	349		348
3.70% notes due 2023 (a)	869		861
4.00% notes due 2029 (a)	358		—
Total medium-term notes	1,576		1,209
Total parent company	1,832		1,459
Subsidiaries
Subordinated notes:
4.00% subordinated notes due 2025 (a)	349		343
7.875% subordinated notes due 2026 (a)	200		198
Total subordinated notes	549		541
Medium-term notes:
2.50% notes due 2020 (a)	667		663
Federal Home Loan Bank (FHLB) advances:
Floating-rate based on FHLB auction rate due 2026	2,800		2,800
Floating-rate based on FHLB auction rate due 2028	1,000		1,000
Total FHLB advances	3,800		3,800
Total subsidiaries	5,016		5,004
Total medium- and long-term debt	$	6,848	$	6,463

(a) The fixed interest rates on these notes have been swapped to a variable rate and designated in a hedging relationship. Accordingly, carrying value has been adjusted to reflect the change in the fair value of the debt as a result of changes in the benchmark rate.