XML 96 R91.htm IDEA: XBRL DOCUMENT v3.2.0.727
BORROWED FUNDS - Long Term Debt (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Debt Instrument [Line Items]    
Long-term borrowed funds $ 3,890 $ 4,642
Derivative (822) (790)
Hedge of interest rate risk    
Debt Instrument [Line Items]    
Derivative (639) (613)
Subordinated Debt | Citizens Financial Group, Inc. | 4.150% fixed rate subordinated debt, due 2022    
Debt Instrument [Line Items]    
Long-term borrowed funds $ 350 350
Interest rate 4.15%  
Maturity date Sep. 28, 2022  
Subordinated Debt | Citizens Financial Group, Inc. | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 333 333
Interest rate [1] 5.158%  
Maturity date [1] Jun. 30, 2023  
Subordinated Debt | Citizens Financial Group, Inc. | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023 | LIBOR    
Debt Instrument [Line Items]    
Interest rate [1] 3.56%  
Subordinated Debt | Citizens Financial Group, Inc. | 4.771% fixed rate subordinated debt, due 2023    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 333 333
Interest rate [1] 4.771%  
Maturity date [1] Oct. 31, 2023  
Subordinated Debt | Citizens Financial Group, Inc. | 4.691% fixed rate subordinated debt, due 2024    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 334 334
Interest rate [1] 4.691%  
Maturity date [1] Jan. 31, 2024  
Subordinated Debt | Citizens Financial Group, Inc. | 4.153% fixed rate subordinated debt due 2024    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 333 333
Interest rate [1] 4.153%  
Maturity date [1] Jul. 31, 2024  
Subordinated Debt | Citizens Financial Group, Inc. | 4.023% fixed rate subordinated debt, due 2024    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 333 333
Interest rate [1] 4.023%  
Maturity date [1] Oct. 31, 2024  
Subordinated Debt | Citizens Financial Group, Inc. | 4.082% fixed rate subordinated debt, due 2025    
Debt Instrument [Line Items]    
Long-term borrowed funds [1] $ 334 334
Interest rate [1] 4.082%  
Maturity date [1] Jan. 31, 2025  
Senior Unsecured Notes | 2.450% and 1.600% senior unsecured notes, due 2019 and 2017    
Debt Instrument [Line Items]    
Unsecured Debt [2],[3] $ 1,500  
Senior Unsecured Notes | 2.450% and 1.600% senior unsecured notes, due 2019 and 2017 | Hedge of interest rate risk    
Debt Instrument [Line Items]    
Derivative 2 (4)
Senior Unsecured Notes | Banking Subsidiaries | 1.600% senior unsecured notes, due 2017    
Debt Instrument [Line Items]    
Long-term borrowed funds [2],[3] $ 751 750
Interest rate [2],[3] 1.60%  
Maturity date [2],[3] Dec. 04, 2017  
Senior Unsecured Notes | Banking Subsidiaries | 2.450% senior unsecured notes, due 2019    
Debt Instrument [Line Items]    
Long-term borrowed funds [2],[3] $ 751 746
Interest rate [2],[3] 2.45%  
Maturity date [2],[3] Dec. 04, 2019  
Federal Home Loan advances | Banking Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowed funds $ 19 772
Maturity date Jan. 01, 2033  
Other | Banking Subsidiaries    
Debt Instrument [Line Items]    
Long-term borrowed funds $ 19 $ 24
[1] Intercompany borrowed funds with RBS. See Note 14 “Related Party Transactions” for further information.
[2] $1.5 billion principal balance of unsecured notes presented net of $2 million and ($4) million hedge of interest rate risk on medium term debt using interest rate swaps at June 30, 2015 and December 31, 2014, respectively. See Note 12 “Derivatives” for further information.
[3] These securities were offered under CBNA’s Global Bank Note Program dated December 1, 2014.