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Net Interest Income - Components of Interest Revenue and Interest Expenses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Investment securities:      
Interest-bearing deposits with banks $ 76 $ 416 $ 387
U.S. Treasury and federal agencies 1,174 1,443 1,178
State and political subdivisions 37 49 143
Other investments 366 505 560
Investment securities purchased under money market liquidity facility 117 0 0
Total Investment securities 1,694 1,997 1,881
Securities purchased under resale agreements 126 364 335
Loans and leases 624 769 687
Other interest-earning assets 55 395 372
Total interest income 2,575 3,941 3,662
Interest expense:      
Interest-bearing deposits (117) 663 363
Short term borrowings under money market liquidity facility 101 0 0
Securities sold under repurchase agreements 4 31 13
Other short-term borrowings 17 21 17
Long-term debt 312 414 389
Other interest-bearing liabilities 58 246 209
Total interest expense 375 1,375 991
Net interest income $ 2,200 $ 2,566 $ 2,671