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Related Party Transactions - Summary of Related Party Transactions (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Assets:      
Cash and due from banks $ 1,266 $ 1,744  
Interest bearing deposits with banks 17,734 2,038  
Securities purchased under agreements to resell 29,255 17,838  
Trading assets 32,409 28,452  
Loans 72,468 68,553  
Other 6,866 6,723  
Total assets 212,862 [1] 175,375 [1] $ 184,063
Liabilities:      
Deposits 156,033 119,693 $ 116,961
Trading liabilities 3,218 3,235  
Short-term borrowings 6,102 3,659  
Long-term debt 25,746 26,697  
Other 3,619 3,835  
Total liabilities [1] 194,718 157,119  
Affiliated Entity [Member]      
Assets:      
Cash and due from banks 466 850  
Interest bearing deposits with banks 135 40  
Securities purchased under agreements to resell [2] 2,153 4,600  
Trading assets 86 79  
Loans 1,565 2,343  
Other [2] 863 456  
Total assets 5,268 8,368  
Liabilities:      
Deposits 15,790 9,000  
Trading liabilities 53 293  
Short-term borrowings 295 1,166  
Long-term debt 4,865 7,848  
Other [2] 210 931  
Total liabilities $ 21,213 $ 19,238  
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at June 30, 2020 and December 31, 2019 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: Loans $39 million and $0 million. Other assets $86 million and $98 million. Total assets $125 million and $98 million respectively. Liabilities: Interest, taxes and other liabilities $23 million and $38 million. Total liabilities $23 million and $38 million, respectively.
[2] Other assets and other liabilities primarily consist of derivative balances associated with hedging activities and other miscellaneous account receivables and payables.