Net Interest Income

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
(In millions)	2018		2017		2018		2017
Interest income:
Deposits with banks	$	94	$	45	$	267	$	121
Investment securities:
U.S. Treasury and federal agencies	300		207		835		627
State and political subdivisions	29		56		125		171
Other investments	136		173		434		495
Securities purchased under resale agreements	87		74		246		189
Loans and leases	173		139		498		362
Other interest-earning assets	97		67		275		146
Total interest income	916		761		2,680		2,111
Interest expense:
Deposits	84		39		236		96
Securities sold under repurchase agreements	4		1		11		2
Other short-term borrowings	4		3		12		7
Long-term debt	100		78		293		227
Other interest-bearing liabilities	52		37		154		91
Total interest expense	244		158		706		423
Net interest income	$	672	$	603	$	1,974	$	1,688