COMMITMENT AND CONTINGENT LIABILITIES (Tables)

6 Months Ended

Jun. 30, 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		Long-term agreements maturing within one year			Outstanding Balance at June 30, 2019
	(in millions)
Short-term funding agreements:
Due in one year or less	$	1,640	$	5,940	$	5,940	$	58		$	1,698
Long-term funding agreements:
Due in years two through five	1,569		—		—		(58		)	1,511
Due in more than five years	781		—		—					781
Total long-term funding agreements	2,350		—		—		(58		)	2,292
Total funding agreements (1)	$	3,990	$	5,940	$	5,940	$	—		$	3,990

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(1) The $11 million and $12 million difference between the funding agreements carrying value shown in Note 7 in the Carrying Values and Fair Values for Financial Instruments Not Otherwise Disclosed table at June 30, 2019 and December 31, 2018, respectively, reflects the remaining amortization of a hedge implemented and closed, which locked in the funding agreements’ borrowing rates.