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Net Interest Income - Components of Interest Revenue and Interest Expenses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Interest-bearing deposits with banks $ (9) $ 81
Investment securities:    
Investment securities available-for-sale 140 213
Investment securities held-to-maturity 180 271
Investment securities purchased under money market liquidity facility 4 8
Securities purchased under resale agreements 10 65
Loans 141 184
Other interest-earning assets 5 46
Total interest income 471 868
Interest expense:    
Interest-bearing deposits (69) 68
Short term borrowings under money market liquidity facility 4 6
Securities sold under repurchase agreements 0 2
Other short-term borrowings 0 10
Long-term debt 60 88
Other interest-bearing liabilities 9 30
Total interest expense 4 204
Net interest income $ 467 $ 664