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Offsetting Assets and Liabilities (Tables)
 3 Months Ended
Mar. 31, 2014
Offsetting Assets and Liabilities [Abstract]  
Offsetting Assets and Liabilities [Table Text Block]
The following table presents information about these transactions to enable the users of the Company’s financial statements to evaluate the potential effect of rights of setoff between these recognized assets and recognized liabilities at March 31, 2014 and December 31, 2013 (dollars in millions):

 
 
 
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Consolidated Balance Sheet
 
 
 
 
 
 
Gross Amounts of Recognized Assets and Liabilities
 
Gross Amounts Offset in the Consolidated Balance Sheet
 
Net Amounts Presented in the Consolidated Balance Sheet
 
Financial Instruments
 
Collateral Received or Pledged (Including Cash)
 
Net Amount
March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits paid for securities borrowed (1)(5)
$
487

 
$
—

 
$
487

 
$
(306
)
 
$
(171
)
 
$
10

 
 
Derivative assets (1)(3)
62

 
—

 
62

 
(35
)
 
(13
)
 
14

 
 
 
Total
$
549

 
$
—

 
$
549

 
$
(341
)
 
$
(184
)
 
$
24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Repurchase agreements (4)
$
4,345

 
$
—

 
$
4,345

 
$
—

 
$
(4,342
)
 
$
3

 
 
Deposits received for securities loaned (2)(6)
1,608

 
—

 
1,608

 
(306
)
 
(1,195
)
 
107

 
 
Derivative liabilities (2)(3)
139

 
—

 
139

 
(35
)
 
(104
)
 
—

 
 
 
Total
$
6,092

 
$
—

 
$
6,092

 
$
(341
)
 
$
(5,641
)
 
$
110

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits paid for securities borrowed (1)(5)
$
536

 
$
—

 
$
536

 
$
(247
)
 
$
(282
)
 
$
7

 
 
Derivative assets (1)(3)
92

 
—

 
92

 
(48
)
 
(12
)
 
32

 
 
 
Total
$
628

 
$
—

 
$
628

 
$
(295
)
 
$
(294
)
 
$
39

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Repurchase agreements (4)
$
4,543

 
$
—

 
$
4,543

 
$
—

 
$
(4,537
)
 
$
6

 
 
Deposits received for securities loaned (2)(6)
1,050

 
—

 
1,050

 
(247
)
 
(740
)
 
63

 
 
Derivative liabilities (2)(3)
168

 
—

 
168

 
(48
)
 
(120
)
 
—

 
 
 
Total
$
5,761

 
$
—

 
$
5,761

 
$
(295
)
 
$
(5,397
)
 
$
69

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Net amounts presented in the consolidated balance sheet are reflected in the other assets line item.
(2)
Net amounts presented in the consolidated balance sheet are reflected in the other liabilities line item.
(3)
Excludes net accrued interest payable of $17 million and $19 million at March 31, 2014 and December 31, 2013, respectively.
(4)
The Company pledges available-for-sale and held-to-maturity securities as collateral for amounts due on repurchase agreements and derivative liabilities. The collateral pledged included available-for-sale securities at fair value and held-to-maturity securities at amortized cost for both March 31, 2014 and December 31, 2013.
(5)
Included in the gross amounts of deposits paid for securities borrowed is $311 million and $415 million at March 31, 2014 and December 31, 2013, respectively, transacted through a program with a clearing organization, which guarantees the return of cash to the Company. For presentation purposes, these amounts presented are based on the original counterparties to the Company’s master securities loan agreements.
(6)
Included in the gross amounts of deposits received for securities loaned is $1.0 billion and $682 million at March 31, 2014 and December 31, 2013, respectively, transacted through a program with a clearing organization, which guarantees the return of securities to the Company. For presentation purposes, these amounts presented are based on the original counterparties to the Company’s master securities loan agreements.