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Net Interest Income - Components of Interest Revenue and Interest Expenses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Interest-bearing deposits with banks $ (15) $ 76 $ 416
Investment securities:      
Investment securities available-for-sale 572 748 1,023
Investment securities held-to-maturity 665 829 974
Investment securities purchased under money market liquidity facility 4 117 0
Total Investment securities 1,241 1,694 1,997
Securities purchased under resale agreements 27 126 364
Loans 638 624 769
Other interest-earning assets 17 55 395
Total interest income 1,908 2,575 3,941
Interest expense:      
Interest-bearing deposits (263) (117) 663
Short term borrowings under money market liquidity facility 4 101 0
Securities sold under repurchase agreements 0 4 31
Other short-term borrowings 2 17 21
Long-term debt 219 312 414
Other interest-bearing liabilities 41 58 246
Total interest expense 3 375 1,375
Net interest income $ 1,905 $ 2,200 $ 2,566