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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of the Amount of Gain or Loss Recognized in AOCI
The following table summarizes the amount of gain or loss recognized in AOCI on our unaudited condensed consolidated financial statements:

Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2023202420232024
Derivatives designated as hedging instruments:
Loss on derivatives included in effectiveness assessment
$(3)$— $(3)$— 
Loss reclassified from AOCI into net interest revenues included in effectiveness assessment
— — 
Total
$(3)$$(3)$
Schedule of the Components of AOCI Related to Hedging Activities
The following table summarizes the components of AOCI related to hedging activities on our unaudited condensed consolidated financial statements:

Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2023202420232024
Beginning balance$— $(2)$— $(3)
Other comprehensive loss before reclassifications, net of tax(3)— (3)— 
Reclassification adjustment for net gains included in net interest revenues, net of tax
— — 
Other comprehensive gain (loss) after reclassifications, net of tax
$(3)$$(3)$
Ending balance$(3)$— $(3)$—