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Business Segment Information (Market Segment Financial Results) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net interest income (expense) $ 513 $ 606
Provision for credit losses 411 (13)
Noninterest income 237 238
Noninterest expenses 425 433
(Benefit) provision for income taxes (21) 85
Net (loss) income (65) 339
Net credit-related charge-offs (recoveries) 84 11
Assets, average 73,265 69,771
Loans, average 49,604 49,677
Deposits, average $ 56,768 $ 53,996
Return on average assets [1] (0.35%) 1.97%
Efficiency ratio [2] 56.57% 50.81%
Michigan    
Net interest income (expense) $ 163 $ 187
Provision for credit losses 24 5
Noninterest income 72 72
Noninterest expenses 140 139
(Benefit) provision for income taxes 15 26
Net (loss) income 56 89
Net credit-related charge-offs (recoveries) 3 4
Assets, average 12,899 13,075
Loans, average 12,191 12,557
Deposits, average $ 20,748 $ 19,893
Return on average assets [1] 1.05% 1.76%
Efficiency ratio [2] 58.91% 53.66%
California    
Net interest income (expense) $ 182 $ 205
Provision for credit losses 51 (1)
Noninterest income 36 40
Noninterest expenses 98 100
(Benefit) provision for income taxes 17 37
Net (loss) income 52 109
Net credit-related charge-offs (recoveries) 11 (3)
Assets, average 18,377 18,934
Loans, average 18,027 18,652
Deposits, average $ 17,466 $ 16,238
Return on average assets [1] 1.12% 2.33%
Efficiency ratio [2] 44.99% 40.91%
Texas    
Net interest income (expense) $ 115 $ 122
Provision for credit losses 290 (11)
Noninterest income 30 32
Noninterest expenses 84 84
(Benefit) provision for income taxes (50) 19
Net (loss) income (179) 62
Net credit-related charge-offs (recoveries) 70 13
Assets, average 11,154 10,911
Loans, average 10,566 10,262
Deposits, average $ 9,204 $ 8,697
Return on average assets [1] (6.45%) 2.31%
Efficiency ratio [2] 58.25% 54.62%
Other Markets    
Net interest income (expense) $ 86 $ 92
Provision for credit losses 46 (8)
Noninterest income 87 87
Noninterest expenses 93 92
(Benefit) provision for income taxes 4 19
Net (loss) income 30 76
Net credit-related charge-offs (recoveries) 0 (3)
Assets, average 9,766 8,975
Loans, average 8,820 8,206
Deposits, average $ 8,032 $ 7,906
Return on average assets [1] 1.24% 3.41%
Efficiency ratio [2] 53.76% 51.28%
Finance & Other    
Net interest income (expense) $ (33) $ 0
Provision for credit losses 0 2
Noninterest income 12 7
Noninterest expenses 10 18
(Benefit) provision for income taxes [3] (7) (16)
Net (loss) income (24) 3
Net credit-related charge-offs (recoveries) 0 0
Assets, average 21,069 17,876
Loans, average 0 0
Deposits, average $ 1,318 $ 1,262
[1] Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
[2]
Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net (losses) gains from securities and a derivative contract tied to the conversion rate of Visa Class B shares.
[3]
Included discrete tax benefits of $3 million and $11 million for the three months ended March 31, 2020 and 2019, respectively.