NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 31, 2014

NONCONTROLLING INTERESTS

Rollforward of noncontrolling interests

		Redeemable						Non-redeemable
		Noncontrolling interests						Noncontrolling interests
		Held by
		Department						Held by
(in millions)		of Treasury		Other		Total		FRBNY		Other		Total
Year Ended December 31, 2014
Balance, beginning of year	$	-	$	30	$	30	$	-	$	611	$	611
Contributions from noncontrolling interests		-		1		1		-		17		17
Distributions to noncontrolling interests		-		-		-		-		(147)		(147)
Deconsolidation		-		(31)		(31)		-		(99)		(99)
Comprehensive loss:
Net loss		-		-		-		-		(5)		(5)
Other comprehensive income (loss), net of tax:
Unrealized gains on investments		-		-		-		-		-		-
Foreign currency translation adjustments		-		-		-		-		-		-
Total other comprehensive
income (loss), net of tax		-		-		-		-		-		-
Total comprehensive income (loss)		-		-		-		-		(5)		(5)
Other		-		-		-		-		(3)		(3)
Balance, end of year	$	-	$	-	$	-	$	-	$	374	$	374
Year Ended December 31, 2013
Balance, beginning of year	$	-	$	334	$	334	$	-	$	667	$	667
Contributions from noncontrolling interests		-		48		48		-		33		33
Distributions to noncontrolling interests		-		(167)		(167)		-		(81)		(81)
Consolidation (deconsolidation)		-		(169)		(169)		-		-		-
Comprehensive loss:
Net income		-		2		2		-		5		5
Other comprehensive loss, net of tax:
Unrealized losses on investments		-		(16)		(16)		-		-		-
Foreign currency translation adjustments		-		(2)		(2)		-		(5)		(5)
Total other comprehensive
loss, net of tax		-		(18)		(18)		-		(5)		(5)
Total comprehensive loss		-		(16)		(16)		-		-		-
Other		-		-		-		-		(8)		(8)
Balance, end of year	$	-	$	30	$	30	$	-	$	611	$	611
Year Ended December 31, 2012
Balance, beginning of year	$	8,427	$	96	$	8,523	$	-	$	855	$	855
Repayment to Department of the Treasury		(8,635)		-		(8,635)		-		-		-
Contributions from noncontrolling interests		-		36		36		-		(87)		(87)
Distributions to noncontrolling interests		-		68		68		-		(27)		(27)
Comprehensive income:
Net income		208		14		222		-		40		40
Other comprehensive income (loss), net of tax:
Unrealized gains on investments		-		4		4		-		5		5
Foreign currency translation adjustments		-		-		-		-		(6)		(6)
Total other comprehensive
income (loss), net of tax		-		4		4		-		(1)		(1)
Total comprehensive income		208		18		226		-		39		39
Other		-		116		116		-		(113)		(113)
Balance, end of year	$	-	$	334	$	334	$	-	$	667	$	667