Offsetting Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of gross and net information about the Company's assets subject to master netting arrangements [Table Text Block]

The following tables present the gross and net information about the Company’s assets subject to master netting arrangements:



	March 31, 2017
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments ⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount
	(in millions)
Derivatives:
OTC	$	2,835	$	—	$	2,835	$	(2,256	)	$	(371	)	$	(201	)	$	7
OTC cleared ⁽²⁾	21		—		21		(21		)	—			—			—
Exchange-traded	15		—		15		(3		)	—			—			12
Total derivatives	2,871		—		2,871		(2,280		)	(371		)	(201		)	19
Securities borrowed	156		—		156		(40		)	—			(113		)	3
Total	$	3,027	$	—	$	3,027	$	(2,320	)	$	(371	)	$	(314	)	$	22



	December 31, 2016
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount
	(in millions)
Derivatives:
OTC	$	2,920	$	—	$	2,920	$	(2,214	)	$	(406	)	$	(235	)	$	65
OTC cleared	512		—		512		(509		)	(3		)	—			—
Exchange-traded	14		—		14		(2		)	—			—			12
Total derivatives	3,446		—		3,446		(2,725		)	(409		)	(235		)	77
Securities borrowed	127		—		127		(16		)	—			(108		)	3
Total	$	3,573	$	—	$	3,573	$	(2,741	)	$	(409	)	$	(343	)	$	80

⁽¹⁾ Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.

⁽²⁾ The decrease in OTC cleared derivatives from December 31, 2016 is a result of certain central clearing parties amending their rules resulting in variation margin payments being settlement payments, as opposed to collateral.

Schedule of gross and net information about the Company's liabilities subject to master netting arrangements [Table Text Block]

The following tables present the gross and net information about the Company’s liabilities subject to master netting arrangements:



	March 31, 2017
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount
	(in millions)
Derivatives:
OTC	$	2,853	$	—	$	2,853	$	(2,256	)	$	(77	)	$	(499	)	$	21
OTC cleared ⁽²⁾	26		—		26		(21		)	—			—			5
Exchange-traded	5		—		5		(3		)	—			—			2
Total derivatives	2,884		—		2,884		(2,280		)	(77		)	(499		)	28
Securities loaned	169		—		169		(40		)	—			(124		)	5
Repurchase agreements	50		—		50		—			—			(50		)	—
Total	$	3,103	$	—	$	3,103	$	(2,320	)	$	(77	)	$	(673	)	$	33



	December 31, 2016
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount
	(in millions)
Derivatives:
OTC	$	2,626	$	—	$	2,626	$	(2,214	)	$	(53	)	$	(352	)	$	7
OTC cleared	539		—		539		(509		)	(25		)	—			5
Exchange-traded	6		—		6		(2		)	—			—			4
Total derivatives	3,171		—		3,171		(2,725		)	(78		)	(352		)	16
Securities loaned	146		—		146		(16		)	—			(125		)	5
Repurchase agreements	50		—		50		—			—			(50		)	—
Total	$	3,367	$	—	$	3,367	$	(2,741	)	$	(78	)	$	(527	)	$	21

⁽¹⁾ Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.