Net Interest Income (Tables)

9 Months Ended

Sep. 30, 2019

Banking and Thrift [Abstract]

Components of Interest Revenue and Interest Expense

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)	2019		2018		2019		2018
Interest income:
Interest-bearing deposits with banks	$	98	$	94	$	326	$	267
Investment securities:
U.S. Treasury and federal agencies	363		300		1,092		835
State and political subdivisions	12		29		37		125
Other investments	126		136		374		434
Securities purchased under resale agreements	101		87		289		246
Loans and leases	194		173		587		498
Other interest-earning assets	107		97		330		275
Total interest income	1,001		916		3,035		2,680
Interest expense:
Interest-bearing deposits	173		84		553		236
Securities sold under repurchase agreements	7		4		27		11
Other short-term borrowings	8		4		18		12
Long-term debt	99		100		312		293
Other interest-bearing liabilities	70		52		195		154
Total interest expense	357		244		1,105		706
Net interest income	$	644	$	672	$	1,930	$	1,974