Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) (Details)

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DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative Instruments, Gain (Loss) [Table Text Block]
The following table presents the amount of gain or loss recognized in income for derivatives not designated as hedging instruments under ASC Subtopic 815-10 in the Unaudited Condensed Consolidated Income Statement for the three months ended March 31, 2018.
 
 
Location of Gain or (Loss) Recognized in Income on Derivative
 
Amount of Gain or (Loss) Recognized in Income on Derivative
(dollar amounts in millions)
 
 
 
Three Months Ended March 31, 2018
Interest rate contracts:
 

 
 
Customer
 
Capital markets fees
 
$
7

MSR
 
Mortgage banking income
 
(8
)
Foreign exchange contracts
 
Capital markets fees
 
6

Commodities contracts
 
Capital markets fees
 
2

Equity contracts
 
Other noninterest expense
 
(1
)
Total
 
 
 
$
6

The following table presents the gains and (losses) recognized in OCI and the location in the Unaudited Condensed Consolidated Statements of Income of gains and (losses) reclassified from OCI into earnings for derivatives designated as effective cash flow hedges for the three-month periods ended March 31, 2018 and 2017.
Derivatives in cash flow hedging relationships
Amount of gain or (loss) recognized in OCI on derivatives
(effective portion)
(after-tax)
 
Location of gain or (loss) reclassified from
accumulated OCI into earnings (effective portion)
 
Amount of (gain) or loss
reclassified from
accumulated OCI into earnings
(effective portion)
 
Three Months Ended March 31,
 
 
 
Three Months Ended March 31,
(dollar amounts in millions)
2018
 
2017
 
 
 
2018
 
2017
Interest rate contracts
 
 
 
 
 
 
 
 
 
Loans
$
—

 
$
(1
)
 
Interest and fee income - loans and leases
 
$
—

 
$
1

Investment securities
—

 
—

 
Noninterest income - other income
 
—

 
—

Total
$
—

 
$
(1
)
 
 
 
$
—

 
$
1

 
 
 
 
 
 
 
 
 
 
 
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments $ 6  
Gain (Loss) on Commodity Contract Derivative Instruments Not Designated as Hedging Instruments 2  
Gain (Loss) on Equity Contract Derivative Instruments Not Designated as Hedging Instruments (1)  
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 6  
Cash Flow Hedging    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Amount of gain or (loss) recognized in OCI on derivatives (effective portion) 0 $ (1)
Amount of gain or (loss) reclassified from accumulated OCI into earnings (effective portion) 0 1
Subordinated notes | Interest expense subordinated notes and other long term debt    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges (17) (5)
Hedged Subordinated notes | Interest expense subordinated notes and other long term debt    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges 18 5
Other long-term debt | Interest expense subordinated notes and other long term debt    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges (51) (10)
Hedged Other long term debt | Interest expense subordinated notes and other long term debt    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges    
Increase or (decrease) to interest expense for derivatives designated as fair value hedges 53 9
Loan | Interest and fee income loans and leases | Cash Flow Hedging    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Amount of gain or (loss) recognized in OCI on derivatives (effective portion) 0 (1)
Amount of gain or (loss) reclassified from accumulated OCI into earnings (effective portion) 0 1
Securities Investment [Member] | Interest and fee income investment securities | Cash Flow Hedging    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Amount of gain or (loss) recognized in OCI on derivatives (effective portion) 0 0
Amount of gain or (loss) reclassified from accumulated OCI into earnings (effective portion) 0 $ 0
Interest Rate Contract [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments 7  
Interest Rate Contract [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments $ (8)  
Commodities contracts [Domain]    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Description of Location of Gain (Loss) on Commodity Contract Derivative Instruments Not Designated as Hedging Instruments in Financial Statements Capital markets fees  
Foreign currency contract [Domain]    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Description of Location of Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments in Financial Statements Capital markets fees  
Interest Rate Contract [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Description of Location of Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments in Financial Statements Capital markets fees  
Interest Rate Contract [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Description of Location of Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments in Financial Statements Mortgage banking income  
Equity contracts [Domain]    
Gains and (losses) recognized in other comprehensive income (loss) (OCI) for derivatives designated as effective cash flow hedges    
Description of Location of Gain (Loss) on Equity Contract Derivative Instruments Not Designated as Hedging Instruments in Financial Statements Other noninterest expense