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Derivatives and Hedging Activities (Schedule of Fair Value and Outstanding Notional Amounts of Derivative Instruments and Related Collateral Balances) (Details)
€ in Millions, ₨ in Millions, £ in Millions, $ in Millions, $ in Millions
Mar. 31, 2020
USD ($)
transactions
Mar. 31, 2020
SGD ($)
transactions
Mar. 31, 2020
EUR (€)
transactions
Mar. 31, 2020
GBP (£)
transactions
Mar. 31, 2020
INR (₨)
transactions
Dec. 31, 2019
USD ($)
transactions
Dec. 31, 2019
SGD ($)
transactions
Dec. 31, 2019
EUR (€)
transactions
Dec. 31, 2019
GBP (£)
transactions
Dec. 31, 2019
INR (₨)
transactions
Derivatives, Fair Value [Line Items]                    
Derivative assets [1] $ 1         $ 0        
Collateral held, derivative assets [2] 0         0        
Total net derivative assets 1         0        
Derivative liabilities [1] 10         7        
Collateral posted, derivative liabilities [2] (10)         (7)        
Total net derivative liabilities 0         0        
Designated as Hedges [Member] | Cash Flow Hedging [Member] | Interest Rate Swaps [Member]                    
Derivatives, Fair Value [Line Items]                    
Derivative, notional amount $ 900         900        
Derivative, number of outstanding derivative contracts (in transactions) | transactions 3 3 3 3 3          
Derivative assets $ 0         0        
Derivative liabilities 9         2        
Designated as Hedges [Member] | Fair Value Hedging [Member] | Interest Rate Swaps [Member]                    
Derivatives, Fair Value [Line Items]                    
Derivative, notional amount $ 14,275         14,275        
Derivative, number of outstanding derivative contracts (in transactions) | transactions 18 18 18 18 18          
Derivative assets $ 1         0        
Derivative liabilities 1         4        
Not Designated as Hedges [Member] | Foreign Exchange Forward [Member]                    
Derivatives, Fair Value [Line Items]                    
Derivative, notional amount $ 23 [3] $ 1 € 6 £ 6 ₨ 596 38 [3] $ 1 € 9 £ 14 ₨ 596
Derivative, number of outstanding derivative contracts (in transactions) | transactions 6 6 6 6 6          
Derivative assets $ 0         0        
Derivative liabilities 0         1        
Not Designated as Hedges [Member] | When-Issued Forward Contracts [Member]                    
Derivatives, Fair Value [Line Items]                    
Derivative, notional amount $ 28         $ 42        
Derivative, number of outstanding derivative contracts (in transactions) | transactions 2 2 2 2 2 2 2 2 2 2
[1] In addition to the derivatives disclosed in the table, the Company enters into forward contracts to purchase when-issued mortgage-backed securities as part of its community reinvestment initiatives. At March 31, 2020, the Company had two outstanding contracts with a total notional amount of $28 million and immaterial fair value. At December 31, 2019, the Company had two outstanding contracts with a total notional amount of $42 million and immaterial fair value.
[2]
Collateral amounts, which consist of both cash and investment securities, are limited to the related derivative asset/liability balance and do not include excess collateral received/pledged.
[3]
The foreign exchange forward contracts have notional amounts of EUR 6 million, GBP 6 million, SGD 1 million and INR 596 million as of March 31, 2020 and notional amounts of EUR 9 million, GBP 14 million, SGD 1 million and INR 596 million as of December 31, 2019.