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BORROWED FUNDS - Long Term Debt (Details) - USD ($)
$ in Millions
Mar. 07, 2016
Mar. 31, 2016
Dec. 31, 2015
Aug. 03, 2015
Debt Instrument [Line Items]        
Long-term borrowed funds   $ 10,035 $ 9,886  
Interest rate swaps   (1,192) (807)  
Interest rate swaps        
Debt Instrument [Line Items]        
Interest rate swaps   (1,035) (636)  
Subordinated Debt | 4.350% fixed rate subordinated debt, due 2025        
Debt Instrument [Line Items]        
Interest rate       4.35%
Citizens Financial Group, Inc.        
Debt Instrument [Line Items]        
Long-term borrowed funds   2,487    
Citizens Financial Group, Inc. | Subordinated Debt | 4.150% fixed rate subordinated debt, due 2022        
Debt Instrument [Line Items]        
Long-term borrowed funds [1]   $ 347 350  
Interest rate [1]   4.15%    
Principal balance   $ 350 350  
Unamortized deferred issuance costs and discount   (3)    
Citizens Financial Group, Inc. | Subordinated Debt | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023        
Debt Instrument [Line Items]        
Long-term borrowed funds [2]   $ 333 333  
Interest rate [2]   5.158%    
Citizens Financial Group, Inc. | Subordinated Debt | 3.750% fixed rate subordinated debt due 2024        
Debt Instrument [Line Items]        
Long-term borrowed funds [2],[3]   $ 250 $ 250  
Interest rate [2]   3.75% [3] 4.153%  
Citizens Financial Group, Inc. | Subordinated Debt | 4.023% fixed rate subordinated debt, due 2024        
Debt Instrument [Line Items]        
Long-term borrowed funds [2],[4]   $ 214 $ 331  
Interest rate [2],[4]   4.023%    
Principal balance   $ 208 333  
Extinguishment of debt, amount $ 125      
Citizens Financial Group, Inc. | Subordinated Debt | 4.082% fixed rate subordinated debt, due 2025        
Debt Instrument [Line Items]        
Long-term borrowed funds [2],[5]   $ 346 331  
Interest rate [2],[5]   4.082%    
Principal balance   $ 334 334  
Citizens Financial Group, Inc. | Subordinated Debt | 4.350% fixed rate subordinated debt, due 2025        
Debt Instrument [Line Items]        
Long-term borrowed funds [6]   $ 248 250  
Interest rate [6]   4.35%    
Principal balance   $ 250 250  
Unamortized deferred issuance costs and discount   (2)    
Citizens Financial Group, Inc. | Subordinated Debt | 4.300% fixed rate subordinated debt, due 2025        
Debt Instrument [Line Items]        
Long-term borrowed funds [7]   $ 749 750  
Interest rate [7]   4.30%    
Principal balance   $ 750 750  
Unamortized deferred issuance costs and discount   $ (1)    
Citizens Financial Group, Inc. | Subordinated Debt | LIBOR | 5.158% fixed-to-floating rate subordinated debt, (LIBOR 3.56%) callable, due 2023        
Debt Instrument [Line Items]        
Interest rate [2]   3.56%    
Citizens Financial Group, Inc. | Senior Unsecured Notes | Interest rate swaps | 4.023% fixed rate subordinated debt, due 2024        
Debt Instrument [Line Items]        
Interest rate swaps   $ 6 (2)  
Citizens Financial Group, Inc. | Senior Unsecured Notes | Interest rate swaps | 4.082% fixed rate subordinated debt, due 2025        
Debt Instrument [Line Items]        
Interest rate swaps   12 (3)  
Banking Subsidiaries        
Debt Instrument [Line Items]        
Long-term borrowed funds   7,548    
Banking Subsidiaries | Senior Unsecured Notes | 1.600% senior unsecured notes, due 2017        
Debt Instrument [Line Items]        
Long-term borrowed funds [8],[9]   $ 752 749  
Interest rate [8],[9]   1.60%    
Principal balance   $ 750 750  
Unamortized deferred issuance costs and discount   (1)    
Banking Subsidiaries | Senior Unsecured Notes | 2.300% senior unsecured notes, due 2018        
Debt Instrument [Line Items]        
Long-term borrowed funds [9],[10]   $ 753 747  
Interest rate [9],[10]   2.30%    
Principal balance   $ 750 750  
Unamortized deferred issuance costs and discount   (3)    
Banking Subsidiaries | Senior Unsecured Notes | 2.450% senior unsecured notes, due 2019        
Debt Instrument [Line Items]        
Long-term borrowed funds [9],[11]   $ 763 752  
Interest rate [9],[11]   2.45%    
Principal balance   $ 750 750  
Unamortized deferred issuance costs and discount   (3)    
Banking Subsidiaries | Senior Unsecured Notes | 2.500% senior unsecured notes, due 2019        
Debt Instrument [Line Items]        
Long-term borrowed funds [9],[12]   $ 750 0  
Interest rate [9],[12]   2.50%    
Principal balance   $ 750    
Unamortized deferred issuance costs and discount   (2)    
Banking Subsidiaries | Senior Unsecured Notes | Interest rate swaps | 1.600% senior unsecured notes, due 2017        
Debt Instrument [Line Items]        
Interest rate swaps   3 (1)  
Banking Subsidiaries | Senior Unsecured Notes | Interest rate swaps | 2.300% senior unsecured notes, due 2018        
Debt Instrument [Line Items]        
Interest rate swaps   6 (3)  
Banking Subsidiaries | Senior Unsecured Notes | Interest rate swaps | 2.450% senior unsecured notes, due 2019        
Debt Instrument [Line Items]        
Interest rate swaps   16 2  
Banking Subsidiaries | Senior Unsecured Notes | Interest rate swaps | 2.500% senior unsecured notes, due 2019        
Debt Instrument [Line Items]        
Interest rate swaps   2    
Banking Subsidiaries | Federal Home Loan advances        
Debt Instrument [Line Items]        
Long-term borrowed funds   4,516 5,018  
Banking Subsidiaries | Other        
Debt Instrument [Line Items]        
Long-term borrowed funds   $ 14 $ 25  
[1] These balances are comprised of: principal balances of $350 million at March 31, 2016 and December 31, 2015, as well as the impact of ($3) million of unamortized deferred issuance costs and discount at March 31, 2016.
[2] Borrowed funds with RBS. See Note 13 “Related Party Transactions and Significant Transactions with RBS” for further information.
[3] Prior to January 1, 2016, interest was payable at a fixed rate per annum of 4.153%.
[4] These balances are comprised of: principal balance of $208 million and $333 million at March 31, 2016 and December 31, 2015, respectively, as well as the impact from interest rate swaps of $6 million and ($2) million at March 31, 2016 and December 31, 2015, respectively. See Note 11 “Derivatives” for further information. In addition, on March 7, 2016, the Company repurchased $125 million of these securities from RBS. See Note 13 “Related Party Transactions and Significant Transactions with RBS” for further information.
[5] These balances are comprised of: principal balance of $334 million at March 31, 2016 and December 31, 2015; impact from interest rate swaps of $12 million and ($3) million at March 31, 2016 and December 31, 2015, respectively. See Note 11 “Derivatives” for further information.
[6] These balances are comprised of: principal balances of $250 million at March 31, 2016 and December 31, 2015, as well as the impact of ($2) million of unamortized deferred issuance costs and discount at March 31, 2016.
[7] These balances are comprised of: principal balances of $750 million at March 31, 2016 and December 31, 2015, as well as the impact of ($1) million of unamortized deferred issuance costs and discount at March 31, 2016.
[8] These balances are comprised of: principal balances of $750 million at March 31, 2016 and December 31, 2015; impact from interest rate swaps of $3 million and ($1) million at March 31, 2016 and December 31, 2015, respectively; and ($1) million of unamortized deferred issuance costs and discount at March 31, 2016. See Note 11 “Derivatives” for further information.
[9] These securities were offered under CBNA’s Global Bank Note Program dated December 1, 2014.
[10] These balances are comprised of: principal balances of $750 million at March 31, 2016 and December 31, 2015; impact from interest rate swaps of $6 million and ($3) million at March 31, 2016 and December 31, 2015, respectively; and ($3) million of unamortized deferred issuance costs and discount at March 31, 2016. See Note 11 “Derivatives” for further information.
[11] These balances are comprised of: principal balances of $750 million at March 31, 2016 and December 31, 2015; impact from interest rate swaps of $16 million and $2 million at March 31, 2016 and December 31, 2015, respectively; and ($3) million of unamortized deferred issuance costs and discount at March 31, 2016. See Note 11 “Derivatives” for further information.
[12] The balance is comprised of: principal balance of $750 million at March 31, 2016; impact from interest rate swaps of $2 million and $(2) million of unamortized deferred issuance costs and discount at March 31, 2016. See Note 11 “Derivatives” for further information.