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Securities Sold Under Agreements to Repurchase
 6 Months Ended
Jun. 30, 2020
Banking and Thrift, Other Disclosures [Abstract]  
Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase
Securities sold under agreements to repurchase are accounted for as collateralized financings and recorded at the amounts at which the securities were sold plus accrued interest. To minimize any potential credit risk associated with these transactions, the fair value of the securities sold is monitored, limits are set on exposure with counterparties, and the financial condition of counterparties is regularly assessed. Securities sold under agreements to repurchase are held by the counterparty until the repurchase.
The following table provides information regarding repurchase agreements that are accounted for as secured borrowings as of June 30, 2020 and December 31, 2019.
TABLE 45: REPURCHASE AGREEMENTS ACCOUNTED FOR AS SECURED BORROWINGS
JUNE 30, 2020DECEMBER 31, 2019
REMAINING CONTRACTUAL MATURITY OF THE AGREEMENTS
(In Millions)OVERNIGHT AND CONTINUOUS
U.S. Treasury and Agency Securities$36.5  $489.7  
Total Borrowings36.5  489.7  
Gross Amount of Recognized Liabilities for Repurchase Agreements in Note 2236.5  489.7  
Amounts related to agreements not included in Note 22—  —