Securities Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2017

Transfers and Servicing [Abstract]

Schedule of Offsetting Assets

The following tables present the offsetting of financial assets and liabilities as of June 30, 2017 and December 31, 2016:

	June 30, 2017
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Net Amount
Financial Assets:
Derivative assets	$	1,473	$	706	$	767	$	24	$	743
Securities borrowed or purchased under resale agreements	28,400		8,580		19,820		19,734		86
Total	$	29,873	$	9,286	$	20,587	$	19,758	$	829
Financial Liabilities:
Derivative liabilities	$	1,452	$	940	$	512	$	158	$	354
Securities loaned or sold under repurchase agreements	33,377		8,580		24,797		24,242		555
Total	$	34,829	$	9,520	$	25,309	$	24,400	$	909

	December 31, 2016
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative assets	$	1,626	$	770	$	856	$	20	$	—	$	836
Securities borrowed or purchased under resale agreements	31,386		11,639		19,747		19,657		—		90
Total	$	33,012	$	12,409	$	20,603	$	19,677	$	—	$	926
Financial Liabilities:
Derivative liabilities	$	1,684	$	1,047	$	637	$	176	$	5	$	456
Securities loaned or sold under repurchase agreements	36,255		11,639		24,616		23,812		—		804
Total	$	37,939	$	12,686	$	25,253	$	23,988	$	5	$	1,260

Schedule of Offsetting Liabilities

The following tables present the offsetting of financial assets and liabilities as of June 30, 2017 and December 31, 2016:

	June 30, 2017
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Net Amount
Financial Assets:
Derivative assets	$	1,473	$	706	$	767	$	24	$	743
Securities borrowed or purchased under resale agreements	28,400		8,580		19,820		19,734		86
Total	$	29,873	$	9,286	$	20,587	$	19,758	$	829
Financial Liabilities:
Derivative liabilities	$	1,452	$	940	$	512	$	158	$	354
Securities loaned or sold under repurchase agreements	33,377		8,580		24,797		24,242		555
Total	$	34,829	$	9,520	$	25,309	$	24,400	$	909

	December 31, 2016
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative assets	$	1,626	$	770	$	856	$	20	$	—	$	836
Securities borrowed or purchased under resale agreements	31,386		11,639		19,747		19,657		—		90
Total	$	33,012	$	12,409	$	20,603	$	19,677	$	—	$	926
Financial Liabilities:
Derivative liabilities	$	1,684	$	1,047	$	637	$	176	$	5	$	456
Securities loaned or sold under repurchase agreements	36,255		11,639		24,616		23,812		—		804
Total	$	37,939	$	12,686	$	25,253	$	23,988	$	5	$	1,260

Secured Borrowings by Contractual Maturity and Class of Collateral Pledged

The following tables present the gross obligations for securities sold under agreements to repurchase, and securities loaned by remaining contractual maturity and class of collateral pledged as of June 30, 2017 and December 31, 2016:

	June 30, 2017
	Overnight and		Up to		31 - 90		Greater than
(Dollars in millions)	continuous		30 days		days		90 days		Total
Securities sold under agreements to repurchase:
U.S. Treasury securities	$	8,410	$	2,671	$	433	$	25	$	11,539
U.S. agency securities	40		—		—		—		40
Other sovereign government obligations	—		—		17		—		17
Money market securities	29		—		3		—		32
Asset-backed securities	5		3		91		—		99
Mortgage-backed securities	7,815		4,966		6,005		150		18,936
Corporate bonds	455		181		1,045		—		1,681
Municipal securities	173		37		163		—		373
Equities	148		27		152		—		327
Total	$	17,075	$	7,885	$	7,909	$	175	$	33,044
Securities loaned:
Corporate bonds	$	14	$	—	$	—	$	—	$	14
Equities	219		—		100		—		319
Total	$	233	$	—	$	100	$	—	$	333

	December 31, 2016
	Overnight and		Up to		31 - 90		Greater than
(Dollars in millions)	continuous		30 days		days		90 days		Total
Securities sold under agreements to repurchase:
U.S. Treasury securities	$	11,419	$	1,523	$	712	$	316	$	13,970
U.S. agency securities	42		30		—		—		72
Other sovereign government obligations	—		—		16		—		16
Asset-backed securities	20		15		66		—		101
Mortgage-backed securities	8,792		4,450		4,750		—		17,992
Corporate bonds	405		800		909		—		2,114
Municipal securities	74		65		299		—		438
Equities	452		275		164		—		891
Total	$	21,204	$	7,158	$	6,916	$	316	$	35,594
Securities loaned:
Corporate bonds	$	8	$	—	$	—	$	—	$	8
Equities	562		—		91		—		653
Total	$	570	$	—	$	91	$	—	$	661