CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Dec. 31, 2020	Dec. 31, 2019
Assets:
Cash and due from banks		$ 1,302	$ 1,744
Interest bearing deposits with banks		14,353	2,038
Federal funds sold and securities purchased under agreements to resell		35,746	17,838
Trading assets (includes $1.3 billion and $336 million pledged to creditors at December 31, 2020 and 2019, respectively)		27,284	28,452
Securities available-for-sale (includes amortized cost of $39.6 billion and $35.7 billion at December 31, 2020 and 2019, respectively, an allowance for credit losses of $1 million at December 31, 2020, and $2.1 billion and nil pledged to creditors at December 31, 2020 and 2019, respectively)		40,672	35,663
Securities held-to-maturity, net of allowance for credit losses of $2 million at December 31, 2020 (fair value of $9.4 billion and $13.4 billion at December 31, 2020 and 2019, respectively)		8,981	13,293
Loans (includes $32 million designated under fair value option at December 31, 2020)		62,088	68,553
Less – allowance for credit losses		1,015	637
Loans, net		61,073	67,916
Loans held for sale (includes $36 million and $178 million designated under fair value option at December 31, 2020 and 2019, respectively)		337	289
Properties and equipment, net		144	177
Goodwill		458	1,242
Other assets, net of allowance for credit losses of $2 million at December 31, 2020		6,084	6,723
Total assets	[1]	196,434	175,375
Domestic deposits:
Noninterest bearing		32,428	24,132
Interest bearing (includes $4.2 billion and $7.2 billion designated under fair value option at December 31, 2020 and 2019, respectively)		107,427	90,766
Foreign deposits:
Noninterest bearing		0	137
Interest bearing		5,295	4,658
Total deposits		145,150	119,693
Short-term borrowings (includes nil and $373 million designated under fair value option at December 31, 2020 and 2019, respectively)		4,952	3,659
Long-term debt (includes $10.7 billion and $10.3 billion designated under fair value option at December 31, 2020 and 2019, respectively)		19,979	26,697
Total debt		170,081	150,049
Trading liabilities		5,397	3,235
Interest, taxes and other liabilities		2,665	3,835
Total liabilities	[1]	178,143	157,119
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 1,265 shares issued and outstanding at both December 31, 2020 and 2019)		1,265	1,265
Common equity:
Common stock ($5 par; 150,000,000 shares authorized; 714 shares issued and outstanding at both December 31, 2020 and 2019)		0	0
Additional paid-in capital		15,746	15,736
Retained earnings		601	1,534
Accumulated other comprehensive income (loss)		679	(279)
Total common equity		17,026	16,991
Total equity		18,291	18,256
Total liabilities and equity		$ 196,434	$ 175,375

[1] Assets