Commitments and Guarantees (Tables)

6 Months Ended

Jun. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

The following table, which presents the aggregate gross contractual amounts of our off-balance sheet guarantees as of the dates indicated, does not consider the value of any collateral, which may mitigate any potential loss. Amounts presented do not reflect participations to independent third parties.



(In millions)	June 30, 2016		December 31, 2015
Indemnified securities financing	$	344,257	$	320,436
Stable value protection	26,071		24,583
Asset purchase agreements	4,405		3,990
Standby letters of credit	4,159		4,700

Schedule of Repurchase Agreements

The following table summarizes the aggregate fair values of indemnified securities financing and related collateral, as well as collateral invested in indemnified repurchase agreements, as of the dates indicated:



(In millions)	June 30, 2016		December 31, 2015
Fair value of indemnified securities financing	$	344,257	$	320,436
Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing	356,490		335,420
Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements	68,524		63,055
Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements	72,613		67,016