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ALLOWANCE FOR CREDIT LOSSES - Schedule of Allowance for Credit Losses for AFS Debt Securities (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period $ 8   $ 0  
Less: Write-offs 0   0  
Recoveries of amounts written-off 1   1  
Net credit losses (NCLs) 1   1  
Credit losses on securities without previous credit losses 0   8  
Net reserve builds (releases) on securities with previous credit losses (3)   (3)  
Total provision for credit losses [1] (4) $ 0 4 $ 0
Initial allowance on purchased credit deteriorated assets 0   0  
Allowance for credit losses at end of period 5   5  
Cumulative Effect, Period of Adoption, Adjustment        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period     0  
Foreign government        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period 3   0  
Less: Write-offs 0   0  
Recoveries of amounts written-off 0   0  
Net credit losses (NCLs) 0   0  
Credit losses on securities without previous credit losses 0   3  
Net reserve builds (releases) on securities with previous credit losses (3)   (3)  
Total provision for credit losses (3)   0  
Initial allowance on purchased credit deteriorated assets 0   0  
Allowance for credit losses at end of period 0   0  
Foreign government | Cumulative Effect, Period of Adoption, Adjustment        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period     0  
Corporate        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period 5   0  
Less: Write-offs 0   0  
Recoveries of amounts written-off 1   1  
Net credit losses (NCLs) 1   1  
Credit losses on securities without previous credit losses 0   5  
Net reserve builds (releases) on securities with previous credit losses 0   0  
Total provision for credit losses (1)   4  
Initial allowance on purchased credit deteriorated assets 0   0  
Allowance for credit losses at end of period $ 5   5  
Corporate | Cumulative Effect, Period of Adoption, Adjustment        
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses at beginning of period     $ 0  
[1] In accordance with ASC 326.