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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
Jun. 30, 2016
Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans $ 1,044 [1] $ 1,051
Nonperforming loans including 90 days past due [1]   1,060
Loans accruing and 90 days or more past due 26 9
Other loans held for sale 372 40
GNMA    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans sold with right to repurchase 34  
Commercial Banking    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 347  
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] 277  
Nonperforming loans including 90 days past due [1]   71
Loans accruing and 90 days or more past due 0 1
Commercial real estate    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 70  
Nonperforming loans including 90 days past due [1]   77
Loans accruing and 90 days or more past due 4 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] 697  
Nonperforming loans including 90 days past due [1]   912
Loans accruing and 90 days or more past due 22 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] 15 0
Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1],[4] 104  
Nonperforming loans including 90 days past due [1],[4]   135
Loans accruing and 90 days or more past due [4] 0 0
Home equity lines of credit    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 251  
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] 33  
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] 43  
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] 37  
Nonperforming loans including 90 days past due [1]   41
Loans accruing and 90 days or more past due 6 6
Credit cards    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Nonperforming loans [1] 14  
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] 3  
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 322  
TDR Loans | Residential mortgages    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 262  
TDR Loans | Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 60  
Total Loans and Leases | TDR Loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 71  
Total Loans and Leases | TDR Loans | Residential mortgages    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale 54  
Total Loans and Leases | TDR Loans | Home equity loans    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Other loans held for sale $ 17  
[1] Effective March 31, 2016, the Company began excluding loans 90 days or more past due and still accruing 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] 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. As of June 30, 2016, $15 million of these loans were accruing and 90 days or more past due.
[3] 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. As of June 30, 2016 these loans totaled $34 million. These loans are consolidated on the Company’s Consolidated Balance Sheets.
[4] Nonperforming balances at June 30, 2016 excluded $71 million of troubled debt restructured loans held for sale, including $54 million of residential mortgages and $17 million of home equity loans.
[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.