Net Interest Income

6 Months Ended

Jun. 30, 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 NII, for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2017		2016		2017		2016
Interest income:
Deposits with banks	$	41	$	30	$	76	$	73
Investment securities:
U.S. Treasury and federal agencies	208		209		420		420
State and political subdivisions	56		54		114		108
Other investments	164		189		323		371
Securities purchased under resale agreements	69		35		115		71
Loans and leases	118		93		224		184
Other interest-earning assets	44		10		78		22
Total interest income	700		620		1,350		1,249
Interest expense:
Deposits	14		16		57		54
Securities sold under repurchase agreements	—		—		1		1
Short-term borrowings	3		2		5		2
Long-term debt	75		62		148		122
Other interest-bearing liabilities	33		19		54		37
Total interest expense	125		99		265		216
Net interest income	$	575	$	521	$	1,085	$	1,033