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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
As of June 30, 2017 and December 31, 2016, assets and liabilities with affiliates consisted of the following:
(Dollars in millions)
 
June 30, 2017
 
December 31, 2016
Assets:
 
 
 
 
Cash and cash equivalents
 
$
58

 
$
102

Securities borrowed or purchased under resale agreements
 
2,790

 
2,765

Other assets
 
83

 
161

Liabilities:
 
 
 
 
Deposits
 
$
460

 
$
623

Securities loaned or sold under repurchase agreements
 
150

 
385

Commercial paper and other short-term borrowings
 
1,667

 
1,372

Long-term debt
 
5,945

 
6,042

Other liabilities
 
83

 
63


Revenue and expenses with affiliates for the three and six months ended June 30, 2017 and 2016 were as follows:

 
 
For the Three Months Ended 
 June 30,
 
For the Six Months Ended June 30,
(Dollars in millions)
 
2017
 
2016
 
2017
 
2016
Interest Income
 
 
 
 
 
 
 
 
Loans
 
$

 
$
(2
)
 
$

 
$
(2
)
Securities borrowed or purchased under resale agreements
 
9

 
6

 
15

 
12

Interest Expense
 
 
 
 
 
 
 
 
Commercial paper and other short-term borrowings
 
2

 
5

 
3

 
11

Long-term debt
 
32

 
7

 
60

 
13

Securities loaned or sold under repurchase agreements
 
2

 

 
3

 
1

Noninterest Income
 
 
 
 
 
 
 
 
Fees from affiliates
 
211

 
258

 
430

 
470

Other, net
 
(7
)
 
13

 
(5
)
 
13

Noninterest Expense
 
 
 
 
 
 
 
 
Other
 
20

 
24

 
46

 
79