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SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Municipal Securities Tender Option Bond Trusts (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Client intermediation          
Variable Interest Entity          
Proceeds from new securitizations $ 500 $ 400 $ 1,900 $ 1,200  
Municipal securities tender option bond trusts (TOBs)          
Variable Interest Entity          
Floater inventory held by entity 193   193   $ 2
Municipal bonds owned by trusts, that have credit guarantee provided by the Company 82   82   82
Liquidity agreements, customer TOB trust 2,800   2,800   3,100
Notional amount of offsetting reimbursement agreements 2,100   2,100   2,200
Liquidity agreements, other trusts $ 9,600   $ 9,600   $ 8,100
Municipal securities tender option bond trusts (TOBs) | Maximum          
Variable Interest Entity          
The threshold ownership percentage on Residual value of customers TOBs for which the reimbursement agreement applied     25.00%