XML 63 R52.htm IDEA: XBRL DOCUMENT v3.5.0.1
TRADING ACCOUNT ASSETS AND LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2015
Trading Securities [Abstract]  
Trading account assets and liabilities
Trading account assets and Trading account liabilities are carried at fair value, other than physical commodities accounted for at the lower of cost or fair value, and consist of the following:
 
December 31,
In millions of dollars
2015
2014
Trading account assets
 
 
Mortgage-backed securities(1)
 
 
U.S. government-sponsored agency guaranteed
$
24,767

$
27,053

Prime
803

1,271

Alt-A
543

709

Subprime
516

1,382

Non-U.S. residential
523

1,476

Commercial
2,855

4,343

Total mortgage-backed securities
$
30,007

$
36,234

U.S. Treasury and federal agency securities
 
 
U.S. Treasury
$
15,791

$
18,906

Agency obligations
2,005

1,568

Total U.S. Treasury and federal agency securities
$
17,796

$
20,474

State and municipal securities
$
2,696

$
3,402

Foreign government securities
56,609

64,937

Corporate
14,437

27,797

Derivatives(2)
56,184

67,957

Equity securities
56,495

57,846

Asset-backed securities(1)
3,956

4,546

Other trading assets(3)
11,776

13,593

Total trading account assets
$
249,956

$
296,786

Trading account liabilities
 
 
Securities sold, not yet purchased
$
57,827

$
70,944

Derivatives(2)
57,592

68,092

Other trading liabilities(3)
2,093


Total trading account liabilities
$
117,512

$
139,036

(1)
The Company invests in mortgage-backed and asset-backed securities. These securitizations are generally considered VIEs. The Company’s maximum exposure to loss from these VIEs is equal to the carrying amount of the securities, which is reflected in the table above. For mortgage-backed and asset-backed securitizations in which the Company has other involvement, see Note 22 to the Consolidated Financial Statements.
(2)
Presented net, pursuant to enforceable master netting agreements. See Note 23 to the Consolidated Financial Statements for a discussion regarding the accounting and reporting for derivatives.
(3)
Includes positions related to investments in unallocated precious metals, as discussed in Note 26 to the Consolidated Financial Statements. Also includes physical commodities accounted for at the lower of cost or fair value.