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Derivatives and Hedging Activities - Effect of Fair Value and Cash Flow Hedges on Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]        
Interest expense — Long-term debt $ 64 $ 114 $ 225 $ 354
Interest income — Loans 927 1,073 2,933 3,221
Deposits 54 227 319 652
Other income [1] 28 27 (27) 54
Interest rate | Interest expense – long-term debt | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 47 (75) (252) (320)
Recognized on derivatives designated as hedging instruments (7) 72 343 296
Net income (expense) recognized on fair value hedges 40 (3) 91 (24)
Interest rate | Interest expense – long-term debt | Cash Flow Hedging        
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income (1) (1) (3) (2)
Net income (expense) recognized on cash flow hedges (1) (1) (3)  
Interest rate | Interest income – loans | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 0 0 0 0
Recognized on derivatives designated as hedging instruments 0 0 0 0
Net income (expense) recognized on fair value hedges 0 0 0 0
Interest rate | Interest income – loans | Cash Flow Hedging        
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 100 (8) 224 (51)
Net income (expense) recognized on cash flow hedges 100 (8) 224  
Interest rate | Interest expense - deposits | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 0 0 0 (1)
Recognized on derivatives designated as hedging instruments 0 0 0 0
Net income (expense) recognized on fair value hedges 0 0 0 (1)
Interest rate | Interest expense - deposits | Cash Flow Hedging        
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 0 0 0 0
Net income (expense) recognized on cash flow hedges 0 0 0  
Interest rate | Other income | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 0 0 0 0
Recognized on derivatives designated as hedging instruments 0 0 0 0
Net income (expense) recognized on fair value hedges 0 0 0 0
Interest rate | Other income | Cash Flow Hedging        
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 0 0 0 $ 0
Net income (expense) recognized on cash flow hedges $ 0 $ 0 $ 0  
[1] For the three months ended September 30, 2020, we had no net securities gains (losses). For the nine months ended September 30, 2020, net securities gains (losses) totaled $4 million. For the three and nine months ended September 30, 2019, net securities gains (losses) totaled less than $15 million. For the three and nine months ended September 30, 2020, and September 30, 2019, we did not have any impairment losses related to securities.