COMMITMENT AND CONTINGENT LIABILITIES Federal Home Loan Bank, Advances (Tables)

3 Months Ended

Mar. 31, 2018

Federal Home Loan Banks, advances [Abstract]

Restructuring and Related Costs

The restructuring costs and liabilities associated with the Company's initiatives were as follows:

	Three Months Ended March 31,			Twelve Months Ended December 31,
	2018			2017
	(in millions)
Severance
Balance, beginning of year	$	23		$	22
Additions	7			17
Cash payments	(3		)	(14		)
Other reductions	—			(2		)
Balance, end of Year	$	27		$	23

	Three Months Ended March 31,			Twelve Months Ended December 31,
	2018			2017
	(in millions)
Leases
Balance, beginning of year	$	165		$	170
Expense incurred	—			29
Deferred rent	2			10
Payments made	(11		)	(48		)
Interest accretion	1			4
Balance, end of year	$	157		$	165

Federal Home Loan Bank, Advances

	Outstanding balance at end of period		Maturity of Outstanding balance	Issued during the period		Repaid during the period
March 31, 2018:	(in millions)
Short-term FHLBNY funding agreements	$	500	less than one month	$	1,500	$	1,500
Long-term FHLBNY funding agreements	1,417		less than 4 years	—		—
	204		Less than 5 years	—		—
	879		greater than five years	—		—
Total long-term funding agreements	2,500			—		—
Total FHLBNY funding agreements at March 31, 2018	$	3,000		$	1,500	$	1,500
December 31, 2017:
Short-term FHLBNY funding agreements	$	500	Less than one month	$	6,000	$	6,000
Long-term FHLBNY funding agreements	1,244		Less than 4 years	324		—
	377		Less than 5 years	303		—
	879		Greater than five years	135		—
Total long-term funding agreements	2,500			762		—
Total FHLBNY funding agreements at December 31, 2017	$	3,000		$	6,762	$	6,000