Net Interest Income

6 Months Ended

Jun. 30, 2018

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)	2018		2017		2018		2017
Interest income:
Deposits with banks	$	90	$	41	$	172	$	76
Investment securities:
U.S. Treasury and federal agencies	280		208		534		420
State and political subdivisions	44		56		96		114
Other investments	140		164		298		323
Securities purchased under resale agreements	81		69		159		115
Loans and leases	169		118		325		224
Other interest-earning assets	103		44		180		78
Total interest income	907		700		1,764		1,350
Interest expense:
Deposits	89		14		152		57
Securities sold under repurchase agreements	6		—		7		1
Short-term borrowings	4		3		7		5
Long-term debt	97		75		194		148
Other interest-bearing liabilities	52		33		102		54
Total interest expense	248		125		462		265
Net interest income	$	659	$	575	$	1,302	$	1,085