COMMITMENT AND CONTINGENT LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Federal Home Loan Bank, Advances

	Outstanding Balance at December 31, 2018		Issued During the Period		Repaid During the Period		Outstanding Balance at March 31, 2019
	(in millions)
Short-term funding agreements:
Due in one year or less	$	1,640	$	4,470	$	4,470	$	1,640
Long-term funding agreements:
Due in years two through five	1,569		—		—		1,569
Due in more than five years	781		—		—		781
Total long-term funding agreements	2,350		—		—		2,350
Total funding agreements (1)	$	3,990	$	4,470	$	4,470	$	3,990

______________

(1) The $11 million and $12 million difference between the funding agreements carrying value shown in fair value table at March 31, 2019 and December 31, 2018, respectively, reflects the remaining amortization of a hedge implemented and closed, which locked in the funding agreements’ borrowing rates.