Borrowings (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of FHLB Advances, by Interest Rate Type

The following is a breakdown of our FHLB advances outstanding:

	June 30, 2017				December 31, 2016
	Amount		Rate		Amount		Rate
	(Dollars in millions)
Short-term fixed rate term advances	$	3,670	1.14	%	$	1,780	0.62	%
Total Short-term Federal Home Loan Bank advances	3,670				1,780
Long-term LIBOR adjustable advances	1,025		1.41	%	1,025		1.12	%
Long-term fixed rate advances (1)	175		1.12	%	175		1.12	%
Total Long-term Federal Home Loan Bank advances	1,200				1,200
Total Federal Home Loan Bank advances	$	4,870			$	2,980

(1) Includes the current portion of fixed rate advances of $175 million and $50 millionat June 30, 2017 and December 31, 2016, respectively.

Schedule of FHLB Advances, Disclosures

The following table contains detailed information on our FHLB advances and other borrowings:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
	(Dollars in millions)
Maximum outstanding at any month end	$	4,870		$	2,646		$	4,870		$	3,557
Average outstanding balance	4,629			2,460			3,830			2,841
Average remaining borrowing capacity	1,042			983			1,356			843
Weighted average interest rate	1.22		%	1.42		%	1.20		%	1.25		%

Schedule of FHLB, Advances, Maturity Summary

The following table outlines the maturity dates of our FHLB advances and other borrowings:

	June 30, 2017
	(Dollars in millions)
2017	$	3,720
2018	125
2019	—
2020	—
Thereafter	1,025
Total	$	4,870

Schedule of Long-Term Debt Instruments

The following table presents long-term debt, net of debt issuance costs:

	June 30, 2017				December 31, 2016
	Amount		Interest Rate		Amount		Interest Rate
	(Dollars in millions)
Senior Notes
Senior notes, matures 2021	$	246	6.125	%	$	246	6.125	%
Trust Preferred Securities
Floating Three Month LIBOR
Plus 3.25%, matures 2032	$	26	4.55	%	$	26	4.25	%
Plus 3.25%, matures 2033	26		4.41	%	26		4.13	%
Plus 3.25%, matures 2033	26		4.40	%	26		4.25	%
Plus 2.00%, matures 2035	26		3.16	%	26		2.88	%
Plus 2.00%, matures 2035	26		3.16	%	26		2.88	%
Plus 1.75%, matures 2035	51		3.00	%	51		2.71	%
Plus 1.50%, matures 2035	25		2.66	%	25		2.38	%
Plus 1.45%, matures 2037	25		2.70	%	25		2.41	%
Plus 2.50%, matures 2037	16		3.75	%	16		3.46	%
Total Trust Preferred Securities	247				247
Total other long-term debt	$	493			$	493