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RELATED PARTY TRANSACTIONS AND SIGNIFICANT TRANSACTIONS WITH RBS - Schedule of Related Party Debt Terms (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Oct. 08, 2014
Related Party Transaction [Line Items]      
Long-term borrowed funds $ 9,886 $ 4,642  
RBSG      
Related Party Transaction [Line Items]      
Long-term borrowed funds $ 1,250 $ 2,000  
Subordinated Debt | RBSG | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023      
Related Party Transaction [Line Items]      
Interest rate 5.158% 5.158%  
Long-term borrowed funds $ 333 $ 333  
Subordinated Debt | RBSG | 4.771% fixed rate subordinated debt, due 2023      
Related Party Transaction [Line Items]      
Interest rate 4.771% 4.771%  
Long-term borrowed funds $ 0 $ 333  
Subordinated Debt | RBSG | 4.691% fixed rate subordinated debt, due 2024      
Related Party Transaction [Line Items]      
Interest rate 4.691% 4.691%  
Long-term borrowed funds $ 0 $ 334  
Subordinated Debt | RBSG | 4.153% fixed rate subordinated debt due 2024      
Related Party Transaction [Line Items]      
Interest rate [1] 4.153% 4.153%  
Long-term borrowed funds $ 250 $ 333  
Subordinated Debt | RBSG | 4.023% fixed rate subordinated debt, due 2024      
Related Party Transaction [Line Items]      
Interest rate 4.023% 4.023%  
Long-term borrowed funds $ 333 $ 333  
Subordinated Debt | RBSG | 4.082% fixed rate subordinated debt, due 2025      
Related Party Transaction [Line Items]      
Interest rate 4.082% 4.082% 4.082%
Long-term borrowed funds $ 334 $ 334 $ 334
Citizens Financial Group, Inc.      
Related Party Transaction [Line Items]      
Long-term borrowed funds $ 2,595    
Citizens Financial Group, Inc. | Subordinated Debt | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023      
Related Party Transaction [Line Items]      
Interest rate [2] 5.158%    
Long-term borrowed funds [2] $ 333 333  
Citizens Financial Group, Inc. | Subordinated Debt | 4.771% fixed rate subordinated debt, due 2023      
Related Party Transaction [Line Items]      
Interest rate [2] 4.771%    
Long-term borrowed funds [2] $ 0 333  
Citizens Financial Group, Inc. | Subordinated Debt | 4.691% fixed rate subordinated debt, due 2024      
Related Party Transaction [Line Items]      
Interest rate [2] 4.691%    
Long-term borrowed funds [2] $ 0 334  
Citizens Financial Group, Inc. | Subordinated Debt | 4.153% fixed rate subordinated debt due 2024      
Related Party Transaction [Line Items]      
Interest rate [2],[3] 4.153%    
Long-term borrowed funds [2],[3] $ 250 333  
Citizens Financial Group, Inc. | Subordinated Debt | 4.023% fixed rate subordinated debt, due 2024      
Related Party Transaction [Line Items]      
Interest rate [2],[4] 4.023%    
Long-term borrowed funds [2],[4] $ 331 333  
Citizens Financial Group, Inc. | Subordinated Debt | 4.082% fixed rate subordinated debt, due 2025      
Related Party Transaction [Line Items]      
Interest rate [2],[5] 4.082%    
Long-term borrowed funds [2],[5] $ 331 $ 334  
Citizens Financial Group, Inc. | Subordinated Debt | 3.750% fixed rate subordinated debt due 2024      
Related Party Transaction [Line Items]      
Interest rate [2],[3] 3.75%    
[1] Interest is payable until January 1, 2016 at a fixed rate per annum of 4.153% and at a fixed rate per annum of 3.750% thereafter.
[2] Borrowed funds with RBS. See Note 19 “Related Party Transactions and Significant Transactions with RBS” for further information.
[3] Interest is payable until January 1, 2016 at a fixed rate per annum of 4.153% and at a fixed rate per annum of 3.750% thereafter.
[4] $333 million principal balance of subordinated debt reflects the impact of $2 million hedge of interest rate risk on medium term debt using interest rate swaps at December 31, 2015. See Note 16 “Derivatives” for further information.
[5] $334 million principal balance of subordinated debt reflects the impact of $3 million hedge of interest rate risk on medium term debt using interest rate swaps at December 31, 2015. See Note 16 “Derivatives” for further information.