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Net Interest Income
3 Months Ended
Mar. 31, 2017
Banking and Thrift [Abstract]  
Net Interest Income
Net Interest Income
The following table presents the components of interest income and interest expense, and related net interest income, for the periods indicated:
 
Three Months Ended March 31,
(In millions)
2017
 
2016
Interest income:
 
 
 
Deposits with banks
$
34

 
$
43

Investment securities:
 
 
 
U.S. Treasury and federal agencies
212

 
211

State and political subdivisions
59

 
52

Other investments
160

 
183

Securities purchased under resale agreements
46

 
36

Loans and leases
105

 
91

Other interest-earning assets
34

 
13

Total interest income
650

 
629

Interest expense:
 
 
 
Deposits
44

 
38

Short-term borrowings
2

 

Long-term debt
73

 
61

Other interest-bearing liabilities
21

 
18

Total interest expense
140

 
117

Net interest income
$
510

 
$
512