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Other Assets (Tables)
9 Months Ended
Sep. 30, 2018
Other Assets [Abstract]  
Components of Other Assets
The following table presents the components of other assets as of the dates indicated:
(In millions)
September 30, 2018
 
December 31, 2017
Securities borrowed(1)
$
23,727

 
$
19,404

Derivative instruments, net
4,727

 
4,013

Bank-owned life insurance
3,300

 
3,242

Investments in joint ventures and other unconsolidated entities(2)
2,797

 
2,259

Collateral, net
1,268

 
473

Receivable for securities settlement
749

 
188

Prepaid expenses
510

 
364

Accounts receivable
361

 
348

Deposits with clearing organizations
126

 
120

Deferred tax assets, net of valuation allowance(3)
120

 
113

Income taxes receivable
61

 
97

Other
455

 
397

Total
$
38,201

 
$
31,018

 
 
(1) Refer to Note 8 for further information on the impact of collateral on our financial statement presentation of securities borrowing and securities lending transactions.
(2) Includes certain equity securities held at fair value through profit and loss that were transferred from AFS as part of our adoption of ASU 2016-01. Refer to Note 1 for further information on this new accounting standard.
(3) Deferred tax assets and liabilities recorded in our consolidated statement of condition are netted within the same tax jurisdiction.