FEDERAL FUNDS, SECURITIES BORROWED, LOANED, AND SUBJECT TO REPURCHASE AGREEMENTS (Tables)
|
12 Months Ended |
Dec. 31, 2013
|
FEDERAL FUNDS, SECURITIES BORROWED, LOANED, AND SUBJECT TO REPURCHASE AGREEMENTS |
|
Federal funds sold and securities borrowed or purchased under agreements to resell |
In millions of dollars |
|
2013 |
|
2012 |
|
Federal funds sold |
|
$ |
20 |
|
$ |
97 |
|
Securities purchased under agreements to resell |
|
136,649 |
|
138,549 |
|
Deposits paid for securities borrowed |
|
120,368 |
|
122,665 |
|
Total |
|
$ |
257,037 |
|
$ |
261,311 |
|
|
Federal funds purchased and securities loaned or sold under agreements to repurchase |
In millions of dollars |
|
2013 |
|
2012 |
|
Federal funds purchased |
|
$ |
910 |
|
$ |
1,005 |
|
Securities sold under agreements to repurchase |
|
175,691 |
|
182,330 |
|
Deposits received for securities loaned |
|
26,911 |
|
27,901 |
|
Total |
|
$ |
203,512 |
|
$ |
211,236 |
|
|
Schedule of gross and net resale agreements and securities borrowing agreements and the related offsetting amount permitted as well as not permitted under ASC 210-20-45 |
|
|
As of December 31, 2013 |
|
In millions of dollars |
|
Gross amounts
of recognized
assets |
|
Gross amounts
offset on the
Consolidated
Balance Sheet(1) |
|
Net amounts of
assets included on
the Consolidated
Balance Sheet(2) |
|
Amounts
not offset on the
Consolidated Balance
Sheet but eligible for
offsetting upon
counterparty default(3) |
|
Net
amounts(4) |
|
Securities purchased under agreements to resell |
|
$ |
179,894 |
|
$ |
43,245 |
|
$ |
136,649 |
|
$ |
105,226 |
|
$ |
31,423 |
|
Deposits paid for securities borrowed |
|
120,368 |
|
— |
|
120,368 |
|
26,728 |
|
93,640 |
|
Total |
|
$ |
300,262 |
|
$ |
43,245 |
|
$ |
257,017 |
|
$ |
131,954 |
|
$ |
125,063 |
|
|
|
As of December 31, 2012 |
|
In millions of dollars |
|
Gross amounts
of recognized
assets |
|
Gross amounts
offset on the
Consolidated
Balance Sheet(1) |
|
Net amounts of
assets included on the
Consolidated Balance
Sheet(2) |
|
Amounts
not offset on the
Consolidated Balance
Sheet but eligible for
offsetting upon
counterparty default(3) |
|
Net
amounts(4) |
|
Securities purchased under agreements to resell |
|
$ |
187,950 |
|
$ |
49,401 |
|
$ |
138,549 |
|
$ |
111,745 |
|
$ |
26,804 |
|
Deposits paid for securities borrowed |
|
122,665 |
|
— |
|
122,665 |
|
34,733 |
|
87,932 |
|
Total |
|
$ |
310,615 |
|
$ |
49,401 |
|
$ |
261,214 |
|
$ |
146,478 |
|
$ |
114,736 |
| |
Schedule of gross and net repurchase agreements and securities lending agreements and the related offsetting amount permitted as well as not permitted under ASC 210-20-45 |
In millions of dollars |
|
Gross amounts
of recognized
liabilities |
|
Gross amounts
offset on the
Consolidated
Balance Sheet(1) |
|
Net amounts of
liabilities included on
the Consolidated
Balance Sheet(2) |
|
Amounts
not offset on the
Consolidated Balance
Sheet but eligible for
offsetting upon
counterparty default(3) |
|
Net
amounts(4) |
|
Securities sold under agreements to repurchase |
|
$ |
218,936 |
|
$ |
43,245 |
|
$ |
175,691 |
|
$ |
80,082 |
|
$ |
95,609 |
|
Deposits received for securities loaned |
|
26,911 |
|
— |
|
26,911 |
|
3,833 |
|
23,078 |
|
Total |
|
$ |
245,847 |
|
$ |
43,245 |
|
$ |
202,602 |
|
$ |
83,915 |
|
$ |
118,687 |
|
In millions of dollars |
|
Gross amounts
of recognized
liabilities |
|
Gross amounts
offset on the
Consolidated
Balance Sheet(1) |
|
Net amounts of
liabilities included on the
Consolidated Balance
Sheet(2) |
|
Amounts
not offset on the
Consolidated Balance
Sheet but eligible for
offsetting upon
counterparty default(3) |
|
Net
amounts(4) |
|
Securities sold under agreements to repurchase |
|
$ |
231,731 |
|
$ |
49,401 |
|
$ |
182,330 |
|
$ |
104,681 |
|
$ |
77,649 |
|
Deposits received for securities loaned |
|
27,901 |
|
— |
|
27,901 |
|
15,579 |
|
12,322 |
|
Total |
|
$ |
259,632 |
|
$ |
49,401 |
|
$ |
210,231 |
|
$ |
120,260 |
|
$ |
89,971 |
|
(1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45.
(2) The total of this column for each period excludes Federal funds sold/purchased. See table on prior page.
(3) Includes financial instruments subject to enforceable master netting agreements that are not permitted to be offset under ASC 210-20-45 but would be eligible for offsetting to the extent an event of default has occurred and a legal opinion supporting enforceability of the offsetting right has been obtained.
(4) Remaining exposures continue to be secured by financial collateral, but the Company may not have sought or been able to obtain a legal opinion evidencing enforceability of the offsetting right. |