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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of outstanding off balance sheet arrangements
The following is a summary of outstanding off-balance sheet arrangements:
(in millions)
March 31, 2016
 
December 31, 2015
Commitment amount:
 
 
 
Undrawn commitments to extend credit

$56,989

 

$56,524

Financial standby letters of credit
1,921

 
2,010

Performance letters of credit
41

 
42

Commercial letters of credit
63

 
87

Marketing rights
47

 
47

Risk participation agreements
53

 
26

Residential mortgage loans sold with recourse
10

 
10

Total

$59,124

 

$58,746