Securities Financing Activities (Tables)

3 Months Ended

Mar. 31, 2015

Brokers and Dealers [Abstract]

Summarized Securities Financing Agreements

The following table summarizes our securities financing agreements at March 31, 2015, December 31, 2014, and March 31, 2014:

	March 31, 2015
in millions	Gross Amount Presented in Balance Sheet		Netting Adjustments (a)			Collateral (b)			Net Amounts
Offsetting of financial assets:
Reverse repurchase agreements	$	2	$	(2	)		—			—
Securities borrowed		—		—			—			—
Total	$	2	$	(2	)		—			—
Offsetting of financial liabilities:
Repurchase agreements	$	4	$	(2	)	$	(2	)		—
Total	$	4	$	(2	)	$	(2	)		—
	December 31, 2014
in millions	Gross Amount Presented in Balance Sheet		Netting Adjustments (a)			Collateral (b)			Net Amounts
Offsetting of financial assets:
Reverse repurchase agreements	$	3	$	(1	)	$	(2	)		—
Securities borrowed		—		—			—			—
Total	$	3	$	(1	)	$	(2	)		—
Offsetting of financial liabilities:
Repurchase agreements	$	1	$	(1	)		—			—
Total	$	1	$	(1	)		—			—
	March 31, 2014
in millions	Gross Amount Presented in Balance Sheet		Netting Adjustments (a)			Collateral (b)			Net Amounts
Offsetting of financial assets:
Reverse repurchase agreements	$	442	$	(306	)	$	(126	)	$	10
Securities borrowed		3		—			(3	)		—
Total	$	445	$	(306	)	$	(129	)	$	10
Offsetting of financial liabilities:
Repurchase agreements	$	568	$	(306	)	$	(262	)		—
Total	$	568	$	(306	)	$	(262	)		—

(a) Netting adjustments take into account the impact of master netting agreements that allow us to settle with a single counterparty on a net basis.

(b) These adjustments take into account the impact of bilateral collateral agreements that allow us to offset the net positions with the related collateral. The application of collateral cannot reduce the net position below zero. Therefore, excess collateral, if any, is not reflected above.