Offsetting Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of gross and net information about the Company's assets subject to master netting arrangements [Table Text Block]

The following tables present the gross and net information about the Company’s assets subject to master netting arrangements:


	September 30, 2020
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets						Net Amount
							Financial Instruments (1)		Cash Collateral		Securities Collateral
	(in millions)
Derivatives:
OTC	$	5,137	$	—	$	5,137	$	(3,502)	$	(1,602)	$	(22)	$	11
OTC cleared	44		—		44		(44)		—		—		—
Exchange-traded	307		—		307		(86)		(159)		—		62
Total derivatives	5,488		—		5,488		(3,632)		(1,761)		(22)		73
Securities borrowed	57		—		57		(10)		—		(46)		1
Total	$	5,545	$	—	$	5,545	$	(3,642)	$	(1,761)	$	(68)	$	74


	December 31, 2019
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets						Net Amount
							Financial Instruments (1)		Cash Collateral		Securities Collateral
	(in millions)
Derivatives:
OTC	$	4,258	$	—	$	4,258	$	(2,933)	$	(1,244)	$	(73)	$	8
OTC cleared	21		—		21		(21)		—		—		—
Exchange-traded	82		—		82		(5)		—		—		77
Total derivatives	4,361		—		4,361		(2,959)		(1,244)		(73)		85
Securities borrowed	102		—		102		(14)		—		(85)		3
Total	$	4,463	$	—	$	4,463	$	(2,973)	$	(1,244)	$	(158)	$	88

(1) Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.

Schedule of gross and net information about the Company's liabilities subject to master netting arrangements [Table Text Block]

The following tables present the gross and net information about the Company’s liabilities subject to master netting arrangements:


	September 30, 2020
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets						Net Amount
							Financial Instruments (1)		Cash Collateral		Securities Collateral
	(in millions)
Derivatives:
OTC	$	3,759	$	—	$	3,759	$	(3,502)	$	—	$	(256)	$	1
OTC cleared	103		—		103		(44)		—		—		59
Exchange-traded	87		—		87		(86)		—		—		1
Total derivatives	3,949		—		3,949		(3,632)		—		(256)		61
Securities loaned	103		—		103		(10)		—		(90)		3
Total	$	4,052	$	—	$	4,052	$	(3,642)	$	—	$	(346)	$	64


	December 31, 2019
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets						Net Amount
							Financial Instruments (1)		Cash Collateral		Securities Collateral
	(in millions)
Derivatives:
OTC	$	3,473	$	—	$	3,473	$	(2,933)	$	—	$	(540)	$	—
OTC cleared	41		—		41		(21)		—		—		20
Exchange-traded	11		—		11		(5)		—		—		6
Total derivatives	3,525		—		3,525		(2,959)		—		(540)		26
Securities loaned	104		—		104		(14)		—		(87)		3
Total	$	3,629	$	—	$	3,629	$	(2,973)	$	—	$	(627)	$	29

(1) Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.