Derivative Instruments And Hedging Activities Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2017

Summary of Derivative Instruments [Abstract]

Schedule of Derivative Instruments

	September 30, 2017						December 31, 2016
	Notional amount		Fair value				Notional amount		Fair value
(In millions)			Other assets		Other liabilities				Other assets		Other liabilities
Derivatives designated as hedging instruments:
Cash flow hedges:
Interest rate swaps	$	1,138	$	—	$	—	$	1,388	$	2	$	1
Derivatives not designated as hedging instruments:
Interest rate swaps and forwards	205		1		—		235		2		—
Interest rate swaps for customers 1	4,598		36		30		4,162		49		49
Foreign exchange	280		6		5		424		11		9
Total derivatives not designated as hedging instruments	5,083		43		35		4,821		62		58
Total derivatives	$	6,221	$	43	$	35	$	6,209	$	64	$	59

¹ Notional amounts include both the customer swaps and the offsetting derivative contracts.

Schedule Of Gain (Loss) Of Derivative Instruments

	Amount of derivative gain (loss) recognized/reclassified
	Three Months Ended September 30, 2017								Nine Months Ended September 30, 2017
(In millions)	OCI		Reclassified from AOCI to interest income		Noninterest income (expense)		Offset to interest expense		OCI		Reclassified from AOCI to interest income		Noninterest income (expense)			Offset to interest expense
Derivatives designated as hedging instruments:
Cash flow hedges1:
Interest rate swaps	$	—	$	—					$	—	$	3
Derivatives not designated as hedging instruments:
Interest rate swaps and forward contracts					$	—							$	(1	)
Interest rate swaps for customers					4								8
Foreign exchange					4								12
Total derivatives	$	—	$	—	$	8	$	—	$	—	$	3	$	19		$	—

	Amount of derivative gain (loss) recognized/reclassified
	Three Months Ended September 30, 2016									Nine Months Ended September 30, 2016
(In millions)	OCI			Reclassified from AOCI to interest income		Noninterest income (expense)		Offset to interest expense		OCI		Reclassified from AOCI to interest income		Noninterest income (expense)		Offset to interest expense
Derivatives designated as hedging instruments:
Cash flow hedges1:
Interest rate swaps	$	(5	)	$	3					$	23	$	9
Derivatives not designated as hedging instruments:
Interest rate swaps and forward contracts						$	1							$	3
Interest rate swaps for customers						4								5
Foreign exchange						3								8
Total derivatives	$	(5	)	$	3	$	8	$	—	$	23	$	9	$	16	$	—

Note: These schedules are not intended to present at any given time the Company’s long/short position with respect to its derivative contracts.

¹  Amounts recognized in OCI and reclassified from AOCI represent the effective portion of the derivative gain (loss). For the 12 months following September 30, 2017, we estimate that $2 million will be reclassified from AOCI into interest income.