XML 86 R73.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Quality and the Allowance for Loan and Lease Losses - Summary of Transactions in the ALLL by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jan. 01, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance, beginning of period $ 1,202 [1] $ 2,348 $ 1,115 $ 1,202 [1] $ 1,103
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member       us-gaap:AccountingStandardsUpdate201602Member
Losses charged-off   (163) (119) (322) $ (228)
Recoveries of losses previously charged-off   33 41 70 72
Provision for loan and lease losses   478 78 1,103 168
Balance, end of period $ 33 2,696 [1] 1,115 2,696 [1] 1,115
Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Impact of adoption of ASU 2016-13       643  
Other Consumer Loans, Point of Sale          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Losses charged-off   (9) (11) (22) (22)
Recoveries of losses previously charged-off   9 11 22 22
Commercial          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance, beginning of period 710 1,313 654 710 645
Impact of adoption of ASU 2016-13       31  
Losses charged-off   (81) (33) (142) (53)
Recoveries of losses previously charged-off   3 10 7 13
Provision for loan and lease losses   267 20 767 46
Balance, end of period   1,502 651 1,502 651
Commercial | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Impact of adoption of ASU 2016-13       160  
Residential Mortgage          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance, beginning of period 73 260 79 73 81
Impact of adoption of ASU 2016-13       2  
Losses charged-off   (2) (1) (4) (3)
Recoveries of losses previously charged-off   1 2 2 3
Provision for loan and lease losses   68 (4) 60 (5)
Balance, end of period   327 76 327 76
Initial recognition of ALLL on PCD loans   1      
Residential Mortgage | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Impact of adoption of ASU 2016-13       196  
Consumer          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance, beginning of period 298 775 270 298 267
Impact of adoption of ASU 2016-13       1  
Losses charged-off   (80) (85) (176) (172)
Recoveries of losses previously charged-off   29 29 61 56
Provision for loan and lease losses   143 62 276 125
Balance, end of period   867 276 867 276
Consumer | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Impact of adoption of ASU 2016-13       408  
Unallocated          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance, beginning of period $ 121 0 112 121 110
Losses charged-off   0 0 0 0
Recoveries of losses previously charged-off   0 0 0 0
Provision for loan and lease losses   0 0 0 2
Balance, end of period   $ 0 $ 112 0 $ 112
Unallocated | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Impact of adoption of ASU 2016-13       $ (121)  
[1] Includes $66 and $74 of other short-term investments, $1,032 and $1,354 of portfolio loans and leases, $(14) and $(7) of ALLL, $7 and $8 of other assets, $2 and $2 of other liabilities, and $933 and $1,253 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2020 and December 31, 2019, respectively. For further information refer to Note 13.