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Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2021
Summary of Gross Fair Values of Individual Derivative Instruments
The following tables summarize the gross fair values of individual derivative instruments and the impact of legal rights of offset as reported in the Consolidated Balance Sheets as of June 30, 2021 and December 31, 2020:
Gross
Amounts of
Recognized
Assets /
Liabilities		Gross
Amounts
Offset in the
Consolidated
Balance Sheet		Net Amounts
of Assets/
Liabilities
Presented in the Consolidated
Balance Sheet		Gross Amount
of Collateral
Received /
Pledged Not
Offset in the
Consolidated
Balance Sheet		Net
Amount
June 30, 2021:
Derivative Assets:
Interest rate swaps$82 $1 $82 $— $82 
Total non-VIE derivative assets$82 $1 $82 $— $82 
Derivative Liabilities:
Credit derivatives$— $— $— $— $— 
Interest rate swaps98 1 98 97 1 
Total non-VIE derivative liabilities$99 $1 $98 $97 $1 
Variable Interest Entities Derivative Assets:
Currency swaps$37 $— $37 $— $37 
Total VIE derivative assets$37 $— $37 $— $37 
Variable Interest Entities Derivative Liabilities:
Interest rate swaps$1,800 $— $1,800 $— $1,800 
Total VIE derivative liabilities$1,800 $— $1,800 $— $1,800 
December 31, 2020:
Derivative Assets:
Interest rate swaps$93 $— $93 $— $93 
Total non-VIE derivative assets$93 $— $93 $— $93 
Derivative Liabilities:
Interest rate swaps114 — 114 113 1 
Total non-VIE derivative liabilities$114 $— $114 $113 $1 
Variable Interest Entities Derivative Assets:
Currency swaps$41 $— $41 $— $41 
Total VIE derivative assets$41 $— $41 $— $41 
Variable Interest Entities Derivative Liabilities:
Interest rate swaps$1,835 $— $1,835 $— $1,835 
Total VIE derivative liabilities$1,835 $— $1,835 $— $1,835 
Summary of Location and Amount of Gains and Losses of Derivative Contracts
The following tables summarize the location and amount of gains and losses of derivative contracts in the Unaudited Consolidated Statements of Total Comprehensive Income (Loss) for the three and six months ended June 30, 2021 and 2020:
Location of Gain (Loss)
Recognized in Consolidated
Statements of Total
Comprehensive Income (Loss)		Amount of Gain (Loss) Recognized in Consolidated Statement of Total Comprehensive Income (Loss)
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Non-VIE derivatives:
Credit derivativesNet gains (losses) on derivative contracts$— $1 $— $(1)
Interest rate swapsNet gains (losses) on derivative contracts(7)2 10 (26)
Futures contractsNet gains (losses) on derivative contracts(5)(1)4 (41)
Total Non-VIE derivatives
$(11)$2 14 (68)
Variable Interest Entities:
Currency swapsIncome (loss) on variable interest entities$(1)$1 (3)17 
Interest rate swapsIncome (loss) on variable interest entities(60)(106)37 (173)
Total Variable Interest Entities(61)(105)35 (156)
Total derivative contracts$(72)$(103)$49 $(224)
Summary of Notional Amounts of AFS's Trading Derivative Products As of June 30, 2021 and December 31, 2020, the notional amounts of AFS’s derivatives are as follows:
Notional
Type of DerivativeJune 30,
2021		December 31,
2020
Interest rate swaps—pay-fixed/receive-variable$1,584 $726 
US Treasury futures contracts—short470 240 
Interest rate swaps—receive-fixed/pay-variable190 195 
Variable Interest Entity, Primary Beneficiary [Member]  
Summary of Notional Amounts of AFS's Trading Derivative Products The notional for VIE derivatives outstanding as of June 30, 2021 and December 31, 2020, were as follows:
Notional
Type of VIE DerivativeJune 30,
2021		December 31,
2020
Interest rate swaps—receive-fixed/pay-variable$1,245 $1,233 
Interest rate swaps—pay-fixed/receive-variable1,127 1,151 
Currency swaps294 308