INCOME TAXES	3 Months Ended
Mar. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Expense Income tax expense was $113 million and $114 million for the three months ended March 31, 2018 and 2017, respectively, resulting in effective tax rates of 22.5% and 26.4%, respectively. For the three months ended March 31, 2018, the effective tax rate of 22.5% was higher than the statutory rate of 21% primarily as a result of state taxes, partially offset by permanent benefits from tax credits and tax-exempt income. Deferred Tax Liability At March 31, 2018, the Company reported a net deferred tax liability of $475 million, compared to $571 million as of December 31, 2017. The decrease in the net deferred tax liability was primarily attributable to the tax effect of net unrealized losses on securities and derivatives.

INCOME TAXES

3 Months Ended

Mar. 31, 2018

Income Tax Expense

Income tax expense was $113 million and $114 million for the three months ended March 31, 2018 and 2017, respectively, resulting in effective tax rates of 22.5% and 26.4%, respectively.

For the three months ended March 31, 2018, the effective tax rate of 22.5% was higher than the statutory rate of 21% primarily as a result of state taxes, partially offset by permanent benefits from tax credits and tax-exempt income.

Deferred Tax Liability

At March 31, 2018, the Company reported a net deferred tax liability of $475 million, compared to $571 million as of December 31, 2017. The decrease in the net deferred tax liability was primarily attributable to the tax effect of net unrealized losses on securities and derivatives.