Expenses (Tables)

9 Months Ended

Sep. 30, 2020

Other Expenses [Abstract]

Schedule of Expenses

The following table presents the components of other expenses for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2020		2019		2020		2019
Professional services	$	89	$	70	$	261	$	235
Sales advertising public relations	20		30		50		83
Regulatory fees and assessments	16		19		45		55
Securities processing	10		27		40		54
Bank operations	2		10		15		30
Insurance	2		5		10		14
Other	90		107		281		346
Total other expenses	$	229	$	268	$	702	$	817

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
Payments and Other Adjustments	(62)		(2)		—		(64)
Accrual Balance at September 30, 2019	$	135	$	9	$	1	$	145
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
Payments and Other Adjustments	(10)		1		(1)		(10)
Accrual Balance at September 30, 2020	$	122	$	6	$	—	$	128