Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information for the Company’s reportable segments is presented in the following tables (dollars in millions):

	Year Ended December 31, 2015
	Trading and Investing		Balance Sheet Management			Corporate/ Other			Total
Net operating interest income	$	702	$	383		$	1		$	1,086
Total non-interest income (loss)	667		(325		)	—			342
Total net revenue	1,369		58			1			1,428
Provision (benefit) for loan losses	—		(40		)	—			(40		)
Total operating expense	827		105			275			1,207
Income (loss) before other income (expense) and income taxes	542		(7		)	(274		)	261
Total other income (expense)	—		—			(170		)	(170		)
Income (loss) before income taxes	$	542	$	(7	)	$	(444	)	$	91
Income tax benefit									(177		)
Net income									$	268

	Year Ended December 31, 2014
	Trading and Investing		Balance Sheet Management		Corporate/ Other			Total
Net operating interest income	$	618	$	455	$	1		$	1,074
Total non-interest income	697		43		—			740
Total net revenue	1,315		498		1			1,814
Provision for loan losses	—		36		—			36
Total operating expense	766		148		231			1,145
Income (loss) before other income (expense) and income taxes	549		314		(230		)	633
Total other income (expense)	—		—		(181		)	(181		)
Income (loss) before income taxes	$	549	$	314	$	(411	)	$	452
Income tax expense								159
Net income								$	293

	Year Ended December 31, 2013
	Trading and Investing		Balance Sheet Management		Corporate/ Other			Total
Net operating interest income	$	527	$	442	$	—		$	969
Total non-interest income	690		64		—			754
Total net revenue	1,217		506		—			1,723
Provision for loan losses	—		143		—			143
Total operating expense	883		179		213			1,275
Income (loss) before other income (expense) and income taxes	334		184		(213		)	305
Total other income (expense)	—		—		(110		)	(110		)
Income (loss) before income taxes	$	334	$	184	$	(323	)	$	195
Income tax expense								109
Net income								$	86

Reconciliation of Assets from Segment to Consolidated

Segment Assets

	Trading and Investing		Balance Sheet Management		Corporate/ Other(1)		Total
As of December 31, 2015	$	11,554	$	33,278	$	595	$	45,427
As of December 31, 2014	$	12,032	$	33,075	$	423	$	45,530
As of December 31, 2013	$	10,820	$	34,784	$	676	$	46,280

(1) Corporate/Other category includes corporate assets and other elimination adjustments, such as a line of credit between the operating segments, not allocated to the Company's operating segments.