Disclosures About Offsetting Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2013

The following table provides information about financial assets and derivative assets that are subject to offset as of March 31, 2013 and December 31, 2012:



	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Balance Sheet⁽¹⁾		Net Amounts of Assets Presented in the Balance Sheet		Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Balance Sheet⁽¹⁾		Net Amounts of Assets Presented in the Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amount
	(in millions)
As of March 31, 2013:
Derivatives	$	1,310	$	1,179	$	131	$	—	$	—	$	131
Securities purchased under agreements to resell	3,275		—		3,275		—		—		3,275
Total	$	4,585	$	1,179	$	3,406	$	—	$	—	$	3,406

As of December 31, 2012:
Derivatives	$	1,683	$	1,683	$	—	$	—	$	—	$	—
Securities purchased under agreements to resell	2,160		—		2,160		—		—		2,160
Total	$	3,843	$	1,683	$	2,160	$	—	$	—	$	2,160


⁽¹⁾	Gross amounts offset in the balance sheet includes collateral received as of March 31, 2013 and December 31, 2012 of $347 million and $75 million, respectively.

Offsetting Liabilities

The following table provides information about financial liabilities and derivative liabilities that are subject to offset as of March 31, 2013 and December 31, 2012:



	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Liabilities Presented in the Balance Sheet		Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Liabilities Presented in the Balance Sheet		Financial Instruments		Cash Collateral Pledged		Net Amount
	(in millions)
As of March 31, 2013:
Derivatives	$	833	$	832	$	1	$	—	$	—	$	1

As of December 31, 2012:
Derivatives	$	1,630	$	1,608	$	22	$	—	$	—	$	22