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ALLOWANCE FOR CREDIT LOSSES, NONPERFORMING ASSETS, AND CONCENTRATIONS OF CREDIT RISK - Nonperforming Loans and Leases by Class (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans $ 1,079 [1] $ 1,051
Nonperforming loans including 90 days past due [1]   1,060
Loans accruing and 90 days or more past due 32 9
Other loans held for sale 386 40
GNMA    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans sold with right to repurchase 37  
Commercial Banking    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 370  
Nonperforming loans including 90 days past due [1]   148
Loans accruing and 90 days or more past due 4 1
Commercial    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 284  
Nonperforming loans including 90 days past due [1]   71
Loans accruing and 90 days or more past due 2 1
Commercial real estate    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 86  
Nonperforming loans including 90 days past due [1]   77
Loans accruing and 90 days or more past due 2 0
Leases    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 0  
Nonperforming loans including 90 days past due [1]   0
Loans accruing and 90 days or more past due 0 0
Retail    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 709  
Nonperforming loans including 90 days past due [1]   912
Loans accruing and 90 days or more past due 28 8
Residential mortgages    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1],[2],[3],[4] 174  
Nonperforming loans including 90 days past due [1],[2],[3],[4]   331
Loans accruing and 90 days or more past due [2],[3],[4] 22 0
Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1],[2] 99  
Nonperforming loans including 90 days past due [1],[2]   135
Loans accruing and 90 days or more past due [2] 0 0
Home equity lines of credit    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 261  
Nonperforming loans including 90 days past due [1]   272
Loans accruing and 90 days or more past due 0 0
Home equity loans serviced by others    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1],[5] 37  
Nonperforming loans including 90 days past due [1],[5]   38
Loans accruing and 90 days or more past due [5] 0 0
Home equity lines of credit serviced by others    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1],[5] 38  
Nonperforming loans including 90 days past due [1],[5]   32
Loans accruing and 90 days or more past due [5] 0 0
Automobile    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 42  
Nonperforming loans including 90 days past due [1]   42
Loans accruing and 90 days or more past due 0 0
Student    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 40  
Nonperforming loans including 90 days past due [1]   41
Loans accruing and 90 days or more past due 5 6
Credit cards    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 16  
Nonperforming loans including 90 days past due [1]   16
Loans accruing and 90 days or more past due 0 0
Other retail    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 2  
Nonperforming loans including 90 days past due [1]   5
Loans accruing and 90 days or more past due 1 $ 2
TDR Loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 373  
TDR Loans | Residential mortgages    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 288  
TDR Loans | Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 85  
Total Loans and Leases | TDR Loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 97  
Total Loans and Leases | TDR Loans | Residential mortgages    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 66  
Total Loans and Leases | TDR Loans | Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale $ 31  
[1] Effective March 31, 2016, the Company began excluding loans 90 days or more past due and still accruing, which includes loans guaranteed by government-sponsored entities, from nonperforming loans and leases. Nonperforming loans and leases as of December 31, 2015 included loans and leases on nonaccrual of $1.051 billion and loans and leases accruing and 90 days or more past due of $9 million.
[2] $97 million of previously nonperforming troubled debt restructured loans were transferred from loans and leases to other loans held for sale on March 31, 2016, including $66 million of residential mortgages and $31 million of home equity loans.
[3] Effective March 31, 2016, the Company began excluding first lien residential mortgage loans that are 100% guaranteed by the Federal Housing Administration from nonperforming balances; $22 million of these loans are presented above as accruing and 90 days or more past due.
[4] Effective March 31, 2016, the Company began excluding guaranteed residential mortgage loans sold to GNMA for which the Company had the right but not the obligation to repurchase from nonperforming balances; these totaled $37 million; these loans are consolidated on the Company’s Consolidated Balance Sheets.
[5] The Company’s SBO portfolio consists of purchased home equity loans and lines that were originally serviced by others. The Company now services a portion of this portfolio internally.