Commitments and Guarantees (Tables)

6 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule of Guarantor Obligations

The following table presents the aggregate gross contractual amounts of our off-balance sheet commitments and off-balance sheet guarantees as of the dates indicated.

(In millions)	June 30, 2017		December 31, 2016
Commitments:
Unfunded credit facilities	$	26,708	$	26,993
Guarantees(1):
Indemnified securities financing	$	370,472	$	360,452
Stable value protection	25,400		27,182
Standby letters of credit	3,410		3,459

⁽¹⁾ The potential losses associated with these guarantees equal the gross contractual amounts and do not consider the value of any collateral or reflect any participations to independent third parties.

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, 2017		December 31, 2016
Fair value of indemnified securities financing	$	370,472	$	360,452
Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing	387,747		377,919
Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements	64,824		60,003
Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements	69,100		63,959