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Expenses (Tables)
6 Months Ended
Jun. 30, 2020
Other Expenses [Abstract]  
Schedule of Expenses
The following table presents the components of other expenses for the periods indicated:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
Professional services
$
91

 
$
85

 
$
172

 
$
165

Regulatory fees and assessments
17

 
16

 
29

 
36

Securities processing
15

 
19

 
30

 
28

Sales advertising public relations
12

 
27

 
30


54

Bank operations
4

 
10

 
13

 
21

Insurance
3

 
4

 
8

 
9

Other
101

 
113

 
191

 
236

Total other expenses
$
243

 
$
274


$
473

 
$
549


Restructuring and Related Costs
The following table presents aggregate activity for repositioning charges and activity related to previous Beacon restructuring charges for the periods indicated:
(In millions)
Employee
Related Costs
 
Real Estate
Actions
 
Asset and Other Write-offs
 
Total
Accrual Balance at December 31, 2018
$
303

 
$
37

 
$
1

 
$
341

Accruals for Beacon
(4
)
 

 

 
(4
)
Accruals for Repositioning Charges

 

 

 

Payments and Other Adjustments
(53
)
 
(25
)
 

 
(78
)
Accrual balance at March 31, 2019
$
246

 
$
12

 
$
1

 
$
259

Accruals for Beacon
2

 

 

 
2

Payments and Other Adjustments
(51
)
 
(1
)
 

 
(52
)
Accrual Balance at June 30, 2019
$
197

 
$
11

 
$
1

 
$
209

Accrual balance at December 31, 2019
$
190

 
$
7

 
$
1

 
$
198

Payments and Other Adjustments
(33
)
 
(1
)
 

 
(34
)
Accrual Balance at March 31, 2020
$
157

 
$
6

 
$
1

 
$
164

Payments and Other Adjustments
(25
)
 
(1
)
 

 
(26
)
Accrual Balance at June 30, 2020
$
132

 
$
5

 
$
1

 
$
138