Derivative Financial Instruments - Change in the Fair Value for Interest Rate Contracts and the Related Hedged Items (Details) - Fair Value Hedging - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Dec. 31, 2020 |
|
Long-term debt | |||||
Derivatives, Fair Value | |||||
Carrying amount of the hedged items | $ 1,879 | $ 1,879 | $ 2,478 | ||
Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged items | 435 | 435 | $ 534 | ||
Interest rate contracts | Interest on long-term debt | |||||
Derivatives, Fair Value | |||||
Change in fair value of interest rate swaps hedging long- term debt | 46 | $ (1) | (99) | $ 226 | |
Change in fair value of hedged long-term debt attributable to the risk being hedged | $ (46) | $ 2 | $ 99 | $ (225) |