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CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Securities held-to-maturity, fair value $ 13,762 $ 14,165
Preferred stock, par value (usd per share) $ 0  
Preferred stock, shares authorized (shares) 40,999,000  
Preferred stock, shares issued (shares) 1,265 21,447,500
Preferred stock, shares outstanding (shares) 1,265 21,447,500
Common stock, par value (usd per share) $ 5  
Common stock, shares authorized (shares) 150,000,000  
Common stock, shares issued (shares) 714 714
Common stock, shares outstanding (shares) 714 714
Assets:    
Other assets $ 5,531 $ 6,890
Total assets [1] 208,310 188,278
Liabilities    
Long-term debt 39,500 33,509
Interest, taxes and other liabilities 3,152 3,215
Total liabilities [1] 187,333 167,753
Variable interest entities [Member]    
Assets:    
Other assets 248 320
Total assets 248 320
Liabilities    
Long-term debt 79 92
Interest, taxes and other liabilities 55 68
Total liabilities 134 160
Loans Receivable [Member]    
Loans Held-for-sale, designated under fair value option 649 151
Securities purchased under resale agreements [Member]    
Securities purchased under agreements to resell under fair value option 769 0
Deposits [Member]    
Deposits designated under fair value option 7,472 6,919
Short-term Borrowings [Member]    
Short-term borrowings designated under fair value option 2,675 1,976
Long-term debt [Member]    
Long-term debt designated under fair value option $ 9,999 $ 9,171
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at September 30, 2016 and December 31, 2015 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information. Assets: Other assets $248 million and $320 million. Total assets $248 million and $320 million respectively. Liabilities: Long-term debt $79 million and $92 million, Interest, taxes and other liabilities $55 million and $68 million. Total liabilities $134 million and $160 million, respectively.