Occupancy Expense and Information Systems and Communications Expense (Tables)

12 Months Ended

Dec. 31, 2015

Occupancy Expense and Information Systems and Communications Expense [Abstract]

Summary of Future Minimum Lease Payments Under Non Cancelable Capital and Operating Leases

The following table presents a summary of future minimum lease payments under non-cancelable capital and operating leases as of December 31, 2015. Aggregate future minimum rental commitments have been reduced by aggregate sublease rental commitments of $48 million for capital leases and $20 million for operating leases.

(In millions)	Capital Leases			Operating Leases		Total
2016	$	58		$	198	$	256
2017	57			199		256
2018	53			163		216
2019	46			128		174
2020	45			114		159
Thereafter	125			498		623
Total minimum lease payments	384			$	1,300	$	1,684
Less amount representing interest payments	(98		)
Present value of minimum lease payments	$	286