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 December 31, 2015 and 2014 (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
December 31, 2015
	Assets:
		Deposits paid for securities borrowed ⁽¹⁾⁽⁵⁾		$	120	$	—	$	120	$	(94	)	$	(18	)	$	8
			Total	$	120	$	—	$	120	$	(94	)	$	(18	)	$	8

	Liabilities:
		Deposits received for securities loaned ⁽²⁾⁽⁶⁾		1,535		—		1,535		(94		)	(1,314		)	127
		Repurchase agreements ⁽²⁾⁽⁴⁾		82		—		82		—			(81		)	1
		Derivative liabilities ⁽²⁾⁽³⁾		11		—		11		—			(11		)	—
			Total	$	1,628	$	—	$	1,628	$	(94	)	$	(1,406	)	$	128

December 31, 2014
	Assets:
		Deposits paid for securities borrowed ⁽¹⁾⁽⁵⁾		$	474	$	—	$	474	$	(188	)	$	(267	)	$	19
		Derivative assets ⁽¹⁾⁽³⁾		24		—		24		(15		)	(3		)	6
			Total	$	498	$	—	$	498	$	(203	)	$	(270	)	$	25

	Liabilities:
		Deposits received for securities loaned ⁽²⁾⁽⁶⁾		1,649		—		1,649		(188		)	(1,332		)	129
		Repurchase agreements ⁽²⁾⁽⁴⁾		3,672		—		3,672		—			(3,671		)	1
		Derivative liabilities ⁽²⁾⁽³⁾		30		—		30		(15		)	(15		)	—
			Total	$	5,351	$	—	$	5,351	$	(203	)	$	(5,018	)	$	130


(1)	Net amount of deposits paid for securities borrowed and derivative assets presented in the consolidated balance sheet are reflected in the receivables from brokers, dealers and clearing organizations and other assets line items, respectively.


(2)	Net amount of deposits received for securities loaned, repurchase agreements and derivative liabilities presented in the consolidated balance sheet are reflected in the payables to brokers, dealers and clearing organizations, other borrowings and other liabilities line items, respectively.


(3)	Excludes net accrued interest payable of $3 million and $7 million at December 31, 2015 and 2014, 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 for December 31, 2015 and available-for-sale securities at fair value and held-to-maturity securities at amortized cost for December 31, 2014.


(5)	Included in the gross amounts of deposits paid for securities borrowed was $34 million and $278 million at December 31, 2015 and 2014, 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 counterparties under the Company’s master securities loan agreements.

(6)

Included in the gross amounts of deposits received for securities loaned was $722 million and $1.1 billion at December 31, 2015 and 2014, 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 counterparties under the Company’s master securities loan agreements.