Trading Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Trading Assets And Liabilities [Abstract]

Trading Assets and Liabilities

Trading assets and liabilities consisted of the following:

At December 31,	2016		2015
	(in millions)
Trading assets:
U.S. Treasury	$	3,560	$	3,088
U.S. Government agency issued or guaranteed	24		13
U.S. Government sponsored enterprises	222		154
Obligations of U.S. states and political subdivisions	—		559
Asset-backed securities	365		424
Corporate and foreign bonds	6,481		6,899
Other securities	15		18
Precious metals	1,772		780
Derivatives, net	4,411		5,150
Total trading assets	$	16,850	$	17,085
Trading liabilities:
Securities sold, not yet purchased	$	1,060	$	399
Payables for precious metals	62		650
Derivatives, net	3,786		6,406
Total trading liabilities	$	4,908	$	7,455