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Net Interest Income
 12 Months Ended
Dec. 31, 2023
Banking and Thrift, Interest [Abstract]  
Net Interest Income Net Interest Income
The following table presents the components of interest income and interest expense, and related NII, for the periods indicated:
Years Ended December 31,
(In millions)202320222021
Interest income:
Interest-bearing deposits with banks$2,869 $842 $(15)
Investment securities:
Investment securities available-for-sale1,744 724 572 
Investment securities held-to-maturity1,262 979 665 
Investment securities purchased under money market liquidity facility— — 4 
Total investment securities3,006 1,703 1,241 
Securities purchased under resale agreements312 188 27 
Loans 1,862 972 638 
Other interest-earning assets1,131 383 17 
Total interest income9,180 4,088 1,908 
Interest expense:
Interest-bearing deposits4,991 967 (263)
Short term borrowings under money market liquidity facility— — 4 
Securities sold under repurchase agreements34 14 — 
Federal funds purchased3 — — 
Short-term borrowings40 26 2 
Long-term debt888 376 219 
Other interest-bearing liabilities465 161 41 
Total interest expense6,421 1,544 3 
Net interest income$2,759 $2,544 $1,905