Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell (Tables)

3 Months Ended

Mar. 31, 2015

Securities Purchased under Agreements to Resell [Abstract]

Schedule of Resale Agreements [Table Text Block]



(Dollars in millions)	March 31, 2015		December 31, 2014
Fed funds sold		$—		$38
Securities borrowed or purchased	262		290
Resell agreements	971		832
Total fed funds sold and securities borrowed or purchased under agreements to resell		$1,233		$1,160

Securities sold under agreements to repurchase remaining contractual maturity [Table Text Block]



	March 31, 2015		December 31, 2014
(Dollars in millions)	Overnight and Continuous		Overnight and Continuous		Up to 30 days		Total
U.S. Treasury securities		$167		$376		$—		$376
Federal agency securities	101		231		—		231
MBS - agency	1,105		1,059		45		1,104
CP	101		238		—		238
Corporate and other debt securities	371		327		—		327
Total securities sold under agreements to repurchase		$1,845		$2,231		$45		$2,276

Netting of Financial Instruments - Repurchase Agreements [Table Text Block]



(Dollars in millions)	Gross Amount		Amount Offset		Net Amount Presented in Consolidated Balance Sheets ¹			Held/Pledged Financial Instruments ²		Net Amount
March 31, 2015
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,233		$—		$1,233			$1,225		$8
Financial liabilities:
Securities sold under agreements to repurchase	1,845		—		1,845			1,845		—

December 31, 2014
Financial assets:
Securities borrowed or purchased under agreements to resell		$1,122		$—		$1,122	³		$1,112		$10
Financial liabilities:
Securities sold under agreements to repurchase	2,276		—		2,276			2,276		—

¹ None of the Company's repurchase or resell transactions met the right of setoff criteria for net balance sheet presentation at March 31, 2015 and December 31, 2014.

²Represents collateral received or pledged, limited for presentation purposes to the amount of the related recognized asset or liability for each counterparty, and therefore, may be less than the aggregate amount of collateral actually held/pledged.

³Excludes $38 million of Fed funds sold which are not subject to a master netting agreement at December 31, 2014.