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Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Other Comprehensive Income (Loss) [Table Text Block]
The following table displays the activity in other comprehensive income (loss), net of tax, by major categories.
 
For the Three Months Ended March 31,
 
2017
 
2016
 
(Dollars in millions)
Net income
$
2,773

 
$
1,136

Other comprehensive income (loss), net of tax effect:
 
 
 
Changes in net unrealized gains (losses) on AFS securities (net of tax of $5 and $48, respectively)
9

 
(89
)
Reclassification adjustment for OTTI recognized in net income (net of tax of $0 and $10, respectively)
1

 
19

Reclassification adjustment for gains on AFS securities included in net income (net of tax of $1 and $69, respectively)
(2
)
 
(128
)
Other
(2
)
 
(2
)
Total other comprehensive income (loss)
6

 
(200
)
Total comprehensive income
$
2,779

 
$
936

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table displays our accumulated other comprehensive income by major categories.
 
As of
 
March 31,
 
December 31,
 
2017
 
2016
 
(Dollars in millions)
Net unrealized gains on AFS securities for which we have not recorded OTTI, net of tax
 
$
127

 
 
 
$
135

 
Net unrealized gains on AFS securities for which we have recorded OTTI, net of tax
 
597

 
 
 
581

 
Other, net of tax
 
41

 
 
 
43

 
Accumulated other comprehensive income
 
$
765

 
 
 
$
759

 
The table below displays changes in accumulated other comprehensive income, net of tax.
 
For the Three Months Ended March 31,
 
2017
 
2016
 
AFS(1)
 
Other
 
Total
 
AFS(1)
 
Other
 
Total
 
(Dollars in millions)
Beginning balance
 
$
716

 
 
$
43

 
$
759

 
 
$
1,358

 
 
$
49

 
$
1,407

Other comprehensive income (loss) before reclassifications
 
9

 
 

 
9

 
 
(89
)
 
 

 
(89
)
Amounts reclassified from other comprehensive income (loss)
 
(1
)
 
 
(2
)
 
(3
)
 
 
(109
)
 
 
(2
)
 
(111
)
Net other comprehensive income (loss)
 
8

 
 
(2
)
 
6

 
 
(198
)
 
 
(2
)
 
(200
)
Ending balance
 
$
724

 
 
$
41

 
$
765

 
 
$
1,160

 
 
$
47

 
$
1,207

__________
(1) 
The amounts reclassified from accumulated other comprehensive income represent the gain or loss recognized in earnings due to a sale of an AFS security or the recognition of a net impairment recognized in earnings, which are recorded in “Investment gains (losses), net” in our condensed consolidated statements of operations and comprehensive income.