XML 122 R98.htm IDEA: XBRL DOCUMENT v3.20.2
ALLOWANCE FOR CREDIT LOSSES - Schedule of Allowance for Credit Losses for HTM Debt Securities (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period $ 107,000,000   $ 0  
Net credit losses (NCLs) 0   0  
Net reserve builds (releases) (16,000,000)   21,000,000  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities (16,000,000) $ 0 21,000,000 $ 0
Other, net 7,000,000   7,000,000  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of period 98,000,000   98,000,000  
Mortgage-backed securities        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period 0   0  
Net credit losses (NCLs) 0   0  
Net reserve builds (releases) 3,000,000   3,000,000  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities 3,000,000   3,000,000  
Other, net 5,000,000   5,000,000  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of period 8,000,000   8,000,000  
State and municipal        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period 99,000,000   0  
Net credit losses (NCLs) 0   0  
Net reserve builds (releases) (19,000,000)   16,000,000  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities (19,000,000)   16,000,000  
Other, net 0   3,000,000  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of period 80,000,000   80,000,000  
Foreign government        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period 6,000,000   0  
Net credit losses (NCLs) 0   0  
Net reserve builds (releases) (1,000,000)   1,000,000  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities (1,000,000)   1,000,000  
Other, net 2,000,000   2,000,000  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of period 7,000,000   7,000,000  
Asset-based financing        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period 2,000,000   0  
Net credit losses (NCLs) 0   0  
Net reserve builds (releases) 1,000,000   1,000,000  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities 1,000,000   1,000,000  
Other, net 0   (3,000,000)  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of period $ 3,000,000   3,000,000  
Cumulative Effect, Period of Adoption, Adjustment        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period     70,000,000  
Cumulative Effect, Period of Adoption, Adjustment | Mortgage-backed securities        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period     0  
Cumulative Effect, Period of Adoption, Adjustment | State and municipal        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period     61,000,000  
Cumulative Effect, Period of Adoption, Adjustment | Foreign government        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period     4,000,000  
Cumulative Effect, Period of Adoption, Adjustment | Asset-based financing        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of period     $ 5,000,000