Expenses

3 Months Ended

Mar. 31, 2021

Other Expenses [Abstract]

Expenses

Expenses

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

	Three Months Ended March 31,
(In millions)	2021		2020
Professional services	$	80	$	81
Regulatory fees and assessments	18		12
Sales advertising public relations	17		18
Securities processing	12		15
Insurance	3		5
Bank operations	2		9
Other	90		90
Total other expenses	$	222	$	230

Acquisition Costs

We recorded approximately $11 million of acquisition costs in the first quarter of 2021 compared to $11 million in the same period in 2020 related to our acquisition of CRD.

Restructuring and Repositioning Charges

The following table presents aggregate activity for repositioning charges for the periods indicated:

(In millions)	Employee Related Costs		Real Estate Actions		Asset and Other Write-offs		Total
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
Accrual Balance at December 31, 2020	$	190	$	6	$	—	$	196
Accruals for Beacon	(1)		—		—		(1)
Accruals for Repositioning Charges	—		2		—		2
Payments and Other Adjustments	(9)		(2)		—		(11)
Accrual Balance at March 31, 2021	$	180	$	6	$	—	$	186