CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Assets:
Cash and due from banks		$ 1,115	$ 1,235
Interest bearing deposits with banks		11,157	20,238
Federal funds sold and securities purchased under agreements to resell (includes $80 million and $770 million designated under fair value option at December 31, 2017 and 2016, respectively)		32,618	30,023
Trading assets		16,150	16,850
Securities available-for-sale		30,700	36,910
Securities held-to-maturity (fair value of $13.9 billion and $12.8 billion at December 31, 2017 and 2016, respectively)		13,977	12,809
Loans		72,563	73,875
Less – allowance for credit losses		681	1,017
Loans, net		71,882	72,858
Loans held for sale (includes $471 million and $725 million designated under fair value option at December 31, 2017 and 2016, respectively)		715	1,809
Properties and equipment, net		185	202
Goodwill		1,607	1,612
Other assets		7,129	6,755
Total assets	[1]	187,235	201,301
Domestic deposits:
Noninterest bearing		28,153	26,932
Interest bearing (includes $7.7 billion and $7.5 billion designated under fair value option at December 31, 2017 and 2016, respectively)		84,223	86,389
Foreign deposits:
Noninterest bearing		322	741
Interest bearing		5,331	15,186
Deposits held for sale		673	0
Total deposits		118,702	129,248
Short-term borrowings (includes $2.0 billion and $2.7 billion designated under fair value option at December 31, 2017 and 2016, respectively)		4,650	5,101
Long-term debt (includes $12.9 billion and $10.4 billion designated under fair value option at December 31, 2017 and 2016, respectively)		34,966	37,739
Total debt		158,318	172,088
Trading liabilities		4,879	4,908
Interest, taxes and other liabilities		3,944	3,950
Total liabilities	[1]	167,141	180,946
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 1,265 shares issued and outstanding at both December 31, 2017 and 2016)			1,265
Common equity:
Common stock ($5 par; 150,000,000 shares authorized; 714 shares issued and outstanding at both December 31, 2017 and 2016)		0	0
Additional paid-in capital		18,130	18,148
Retained earnings		1,130	1,560
Accumulated other comprehensive loss		(431)	(618)
Total common equity		18,829	19,090
Total equity		20,094	20,355
Total liabilities and equity		$ 187,235	$ 201,301

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at December 31, 2017 and December 31, 2016 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 24, "Variable Interest Entities," for additional information. Assets: Other assets $154 million and $231 million. Total assets $154 million and $231 million respectively. Liabilities: Long-term debt $73 million and $79 million, Interest, taxes and other liabilities $59 million and $60 million. Total liabilities $132 million and $139 million, respectively.