E Trade Financial (ETFC) 10-Q 3 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Entity Registrant Name	E TRADE FINANCIAL CORP
Entity Central Index Key	1,015,780
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Common stock shares outstanding		273,812,280
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue:
Interest income	$ 309	$ 297	$ 923	$ 923
Interest expense	(22)	(48)	(63)	(172)
Net interest income	287	249	860	751
Commissions	107	108	320	325
Fees and service charges	68	52	188	159
Gains (losses) on securities and other, net	14	(358)	34	(333)
Other revenue	10	10	30	29
Total non-interest income (loss)	199	(188)	572	180
Total net revenue	486	61	1,432	931
Provision (benefit) for loan losses	(62)	(25)	(131)	(17)
Non-interest expense:
Compensation and benefits	123	123	374	354
Advertising and market development	27	23	100	89
Clearing and servicing	26	23	75	72
Professional services	26	24	70	77
Occupancy and equipment	24	21	71	64
Communications	22	24	65	62
Depreciation and amortization	20	21	60	61
FDIC insurance premiums	6	7	18	36
Amortization of other intangibles	5	5	15	15
Restructuring and acquisition-related activities	25	2	28	8
Losses on early extinguishment of debt, net	0	39	0	112
Other non-interest expenses	19	20	54	64
Total non-interest expense	323	332	930	1,014
Income (loss) before income tax expense (benefit)	225	(246)	633	(66)
Income tax expense (benefit)	86	(93)	208	(245)
Net income (loss)	$ 139	$ (153)	$ 425	$ 179
Basic earnings (loss) per share (in dollars per share)	$ 0.51	$ (0.53)	$ 1.53	$ 0.62
Diluted earnings (loss) per share (in dollars per share)	$ 0.51	$ (0.53)	$ 1.52	$ 0.61
Shares used in computation of per share data:
Basic (in thousands)	274,362	290,480	278,864	290,105
Diluted (in thousands)	275,472	290,480	280,136	294,998

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 139	$ (153)	$ 425	$ 179
Available-for-sale securities:
Unrealized gains (losses), net	3	17	166	(3)
Reclassification into earnings, net	(10)	(7)	(28)	(18)
Net change from available-for-sale securities	(7)	10	138	(21)
Cash flow hedging instruments:
Unrealized losses, net	0	(5)	0	(10)
Reclassification into earnings, net	0	239	0	271
Net change from cash flow hedging instruments	0	234	0	261
Other comprehensive income (loss)	(7)	244	138	240
Comprehensive income	$ 132	$ 91	$ 563	$ 419

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and equivalents	$ 1,467	$ 2,233
Cash required to be segregated under federal or other regulations	2,159	1,057
Available-for-sale securities	13,493	12,589
Held-to-maturity securities (fair value of $16,670 and $13,123 at September 30, 2016 and December 31, 2015, respectively)	16,189	13,013
Margin receivables	6,552	7,398
Loans receivable, net (net of allowance for loan losses of $235 and $353 at September 30, 2016 and December 31, 2015, respectively)	3,832	4,613
Receivables from brokers, dealers and clearing organizations	1,118	520
Property and equipment, net	231	236
Goodwill	2,370	1,792
Other intangibles, net	328	174
Deferred tax assets, net	725	1,033
Other assets	735	769
Total assets	49,199	45,427
Liabilities:
Deposits	31,697	29,445
Customer payables	7,827	6,544
Payables to brokers, dealers and clearing organizations	1,227	1,576
Other borrowings	409	491
Corporate debt	994	997
Other liabilities	729	575
Total liabilities	42,883	39,628
Commitments and contingencies (see Note 17)
Shareholders’ equity:
Preferred stock, $0.01 par value, $1,000 liquidation preference, shares authorized: 1,000,000 at September 30, 2016 and December 31, 2015; shares issued and outstanding: 400,000 at September 30, 2016 and none at December 31, 2015	394	0
Common stock, $0.01 par value, shares authorized: 400,000,000 at September 30, 2016 and December 31, 2015; shares issued and outstanding: 273,810,222 and 291,335,241 at September 30, 2016 and December 31, 2015, respectively	3	3
Additional paid-in-capital	6,916	7,356
Accumulated deficit	(1,036)	(1,461)
Accumulated other comprehensive income (loss)	39	(99)
Total shareholders’ equity	6,316	5,799
Total liabilities and shareholders’ equity	$ 49,199	$ 45,427

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parentheticals) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Held-to-maturity securities, fair value	$ 16,670	$ 13,123
Allowance for loan losses	$ 235	$ 353
Shareholders’ equity:
Preferred stock, par value	$ 0.01
Preferred stock, liquidation preference	$ 1,000
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	400,000	0
Preferred stock, shares outstanding	400,000	0
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	400,000,000	400,000,000
Common stock shares issued (in shares)	273,810,222	291,335,241
Common stock shares outstanding (in shares)	273,810,222	291,335,241

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Balance, at Dec. 31, 2014	$ 5,375		$ 3	$ 7,350	$ (1,729)	$ (249)
Balance, (in shares) at Dec. 31, 2014			289
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	179				179
Other comprehensive income (loss)	240					240
Conversion of convertible debentures	$ 4			4
Conversion of convertible debentures, shares	0.3		0
Exercise of stock options and related tax effects	$ 2		$ 0	2
Exercise of stock options and related tax effects, shares			0
Issuance of restricted stock, net of forfeitures and retirements to pay taxes	(11)		$ 0	(11)
Issuance of restricted stock, net of forfeitures and retirements to pay taxes, shares			1
Share-based compensation	23			23
Balance, at Sep. 30, 2015	5,812		$ 3	7,368	(1,550)	(9)
Balance, (in shares) at Sep. 30, 2015			290
Balance, at Dec. 31, 2015	5,799	$ 0	$ 3	7,356	(1,461)	(99)
Balance, (in shares) at Dec. 31, 2015			291
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	425				425
Other comprehensive income (loss)	138					138
Conversion of convertible debentures	$ 5			5
Conversion of convertible debentures, shares	0.5		1
Exercise of stock options and related tax effects	$ 3		$ 0	3
Exercise of stock options and related tax effects, shares			0
Issuance of preferred stock	394	394
Repurchases of common stock	(452)			(452)
Repurchases of common stock, shares			(19)
Issuance of restricted stock, net of forfeitures and retirements to pay taxes	(17)		$ 0	(17)
Issuance of restricted stock, net of forfeitures and retirements to pay taxes, shares			1
Share-based compensation	21			21
Balance, at Sep. 30, 2016	$ 6,316	$ 394	$ 3	$ 6,916	$ (1,036)	$ 39
Balance, (in shares) at Sep. 30, 2016			274

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 425	$ 179
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (benefit) for loan losses	(131)	(17)
Depreciation and amortization (including discount amortization and accretion)	174	271
(Gains) losses on securities and other, net	(34)	333
Losses on early extinguishment of debt, net	0	37
Share-based compensation	21	23
Deferred tax expense (benefit)	190	(242)
Other	(4)	0
Net effect of changes in assets and liabilities:
(Increase) decrease in cash required to be segregated under federal or other regulations	(1,101)	412
(Increase) decrease in receivables from brokers, dealers and clearing organizations	(591)	353
Decrease (increase) in margin receivables	846	(258)
Decrease in other assets	27	12
(Decrease) increase in payables to brokers, dealers and clearing organizations	(349)	30
Increase (decrease) in customer payables	1,283	(415)
Decrease in other liabilities	(28)	(50)
Net cash provided by operating activities	728	668
Cash flows from investing activities:
Purchases of available-for-sale securities	(4,490)	(3,550)
Proceeds from sales of available-for-sale securities	2,494	3,725
Proceeds from maturities of and principal payments on available-for-sale securities	1,111	1,370
Purchases of held-to-maturity securities	(4,221)	(898)
Proceeds from maturities of and principal payments on held-to-maturity securities	1,476	1,483
Proceeds from sale of loans	0	40
Decrease in loans receivable	888	1,030
Capital expenditures for property and equipment	(51)	(52)
Proceeds from sale of real estate owned and repossessed assets	15	24
Acquisition of OptionsHouse, net of cash acquired	(723)	0
Net cash flow from derivative contracts	(107)	1
Other	3	75
Net cash (used in) provided by investing activities	(3,605)	3,248
Cash flows from financing activities:
Net increase in deposits	2,252	720
Net decrease in securities sold under agreements to repurchase	(82)	(3,672)
Advances from FHLB	0	810
Payments on advances from FHLB	0	(1,730)
Proceeds from issuance of senior notes	0	460
Payments on senior notes	0	(800)
Repurchases of trust preferred securities	0	(10)
Proceeds from issuance of preferred stock	400	0
Repurchases of common stock	(452)	0
Net cash flow from derivatives hedging liabilities	0	(16)
Other	(7)	(8)
Net cash provided by (used in) financing activities	2,111	(4,246)
Decrease in cash and equivalents	(766)	(330)
Cash and equivalents, beginning of period	2,233	1,783
Cash and equivalents, end of period	1,467	1,453
Supplemental disclosures:
Cash paid for interest	58	189
Cash paid for income taxes, net of refunds	6	4
Non-cash investing and financing activities:
Transfers of loans held-for-investment to loans held-for-sale	0	39
Transfers from loans to other real estate owned and repossessed assets	23	20
Conversion of convertible debentures to common stock	5	4
Transfer of available-for-sale securities to held-to-maturity securities	$ 492	$ 0

Organization, Basis of Presenta

Organization, Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization —E*TRADE Financial Corporation is a financial services company that provides brokerage and related products and services primarily to individual retail investors under the brand "E*TRADE Financial." The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors. Basis of Presentation —The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries as determined under the voting interest model. Entities in which the Company has the ability to exercise significant influence but in which the Company does not possess control are generally accounted for by the equity method. Entities in which the Company does not have the ability to exercise significant influence are generally carried at cost. However, investments in marketable equity securities where the Company does not have the ability to exercise significant influence over the entities are accounted for as available-for-sale equity securities. The Company also evaluates its initial and continuing involvement with certain entities to determine if the Company is required to consolidate the entities under the variable interest entity ("VIE") model. This evaluation is based on a qualitative assessment of whether the Company is the primary beneficiary of the VIE, which requires the Company to possess both: 1) the power to direct the activities that most significantly impact the economic performance of the VIE; and 2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company's consolidated financial statements are prepared in accordance with GAAP. Intercompany accounts and transactions are eliminated in consolidation. These consolidated financial statements reflect all adjustments, which are all normal and recurring in nature, necessary to present fairly the financial position, results of operations and cash flows for the periods presented. These consolidated financial statements should be read in conjunction with the Annual Report on Form 10-K for the year ended December 31, 2015 . Beginning January 1, 2016, the Company changed its segment reporting structure to align with the manner in which the Chief Operating Decision Maker now reviews business performance and makes resource allocation decisions. As the Chief Operating Decision Maker's business performance assessments and resource allocation decisions are based on consolidated operating margin, the Company no longer has separate operating segments and, accordingly, no longer presents disaggregated segment financial results. The Company also updated the presentation of its consolidated statement of income (loss) to reflect how business performance is now measured and prior periods have been reclassified to conform to the current period presentation as follows: • interest expense related to corporate debt and interest income related to corporate cash reclassified from other income (expense) to net interest income; • losses on early extinguishment of debt, net reclassified from other income (expense) to non-interest expense; and • other income (expense) reclassified from other income (expense) to gains (losses) on securities and other, net. Use of Estimates —Preparing the Company's consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and related notes for the periods presented. Actual results could differ from management’s estimates. Certain significant accounting policies are critical because they are based on estimates and assumptions that require complex and subjective judgments by management. Changes in these estimates or assumptions could materially impact the Company’s financial condition and results of operations. Material estimates in which management believes changes could reasonably occur include: allowance for loan losses; asset impairment, including goodwill impairment and OTTI; estimates of effective tax rates, deferred taxes and valuation allowance; accounting for derivative instruments; and fair value measurements. Financial Statement Descriptions and Related Accounting Policies Margin Receivables —Margin receivables represent credit extended to customers to finance their purchases of securities by borrowing against securities the customers own. Securities owned by customers are held as collateral for amounts due on the margin receivables, the value of which is not reflected in the consolidated balance sheet. The Company is permitted to sell or re-pledge these securities held as collateral and to use the securities to enter into securities lending transactions, to collateralize borrowings or for delivery to counterparties to cover customer short positions. The fair value of securities that the Company received as collateral in connection with margin receivables and securities borrowing activities, where the Company is permitted to sell or re-pledge the securities, was approximately $9.4 billion and $10.1 billion at September 30, 2016 and December 31, 2015 , respectively. Of this amount, $2.1 billion and $2.5 billion had been pledged or sold in connection with securities loans and deposits with clearing organizations at September 30, 2016 and December 31, 2015 , respectively. New Accounting and Disclosure Guidance —Below is the new accounting and disclosure guidance that relates to activities in which the Company is engaged. Adoption of New Accounting Standards Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern In August 2014, the FASB amended the guidance related to an entity’s evaluations and disclosures of going concern uncertainties. The new guidance requires management to perform interim and annual assessments of the entity’s ability to continue as a going concern within one year of the date the financial statements are issued, and to provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. Consolidation In February 2015, the FASB amended the guidance on consolidation of certain legal entities. The amended guidance modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership, and clarifies how to determine whether a group of equity holders has power over an entity. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016 on a modified retrospective basis. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. Accounting for Customer Fees Paid in a Cloud Computing Arrangement In April 2015, the FASB amended the accounting guidance on customer fees paid in a cloud computing arrangement. The amended guidance requires that internal-use software accessed by a customer in cloud computing arrangements be accounted for as software licenses if specific criteria are met; otherwise they should be accounted for as service contracts. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016 on a prospective basis. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. New Accounting Standards Not Yet Adopted Revenue Recognition on Contracts with Customers In May 2014, the FASB amended the guidance on revenue recognition on contracts with customers. The new standard outlines a single comprehensive model for entities to apply in accounting for revenue arising from contracts with customers. The FASB issued supplemental amendments to the new standard to clarify certain accounting guidance and provide narrow scope improvements and practical expedients in the first half of 2016. The amended guidance will be effective for annual and interim periods beginning on January 1, 2018 for the Company and may be applied on either a full retrospective or modified retrospective basis. The Company is currently evaluating the impact of the new accounting guidance and expects to complete this evaluation in 2017; however, the adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Classification and Measurement of Financial Instruments In January 2016, the FASB amended the accounting and disclosure guidance on the classification and measurement of financial instruments. Relevant changes in the amended guidance include the requirement that equity investments, excluding those accounted for under the equity method of accounting or those resulting in consolidation of the investee, be measured at fair value in the consolidated balance sheet with changes in fair value recognized in net income. For disclosure purposes, the Company will no longer be required to disclose the methods and significant assumptions used to estimate fair value for financial instruments measured at amortized cost in the consolidated balance sheet. The amended guidance will be effective for interim and annual periods beginning on January 1, 2018 for the Company and is required to be applied on a modified retrospective basis by means of a cumulative-effect adjustment to the consolidated balance sheet on that date. While the Company is currently evaluating the impact of the new accounting guidance, the adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Accounting for Leases In February 2016, the FASB amended the guidance on accounting for leases. The new standard requires lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by all qualifying leases with terms of more than twelve months. The recognition, measurement and presentation of expenses and cash flows arising from a lease by a lessee remains substantially unchanged and depends on classification as a finance or operating lease. The new standard also requires additional quantitative and qualitative disclosures that provide additional information about the amounts related to leasing arrangements recorded in the financial statements. The new guidance will be effective for interim and annual periods beginning on January 1, 2019 for the Company and is required to be applied on a modified retrospective basis to the earliest period presented, which includes practical expedient options in certain circumstances. The Company is currently evaluating the impact of the new accounting guidance on the Company's financial condition, results of operations and cash flows. Accounting for Employee Share-based Payments In March 2016, the FASB amended the accounting guidance on employee shared-based payments. Relevant changes in the amended guidance include the requirement to recognize all excess tax benefits and deficiencies upon exercise or vesting as income tax expense or benefit in the income statement; to treat excess tax benefits and deficiencies as discrete items in the reporting period they occur; to not delay recognition of excess tax benefits until the tax benefit is realized through a reduction in current taxes payable; and to make an accounting policy election to either estimate forfeitures or account for forfeiture as they occur. The new guidance will be effective for interim and annual periods beginning on January 1, 2017 for the Company and application methods vary based on the amended guidance. Early adoption in interim periods is permitted. The adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Accounting for Credit Losses In June 2016, the FASB amended the accounting guidance on accounting for credit losses. The amended guidance requires measurement of all expected credit losses for financial instruments and other commitments to extend credit held at the reporting date. For financial assets measured at amortized cost, factors such as historical experience, current conditions, and reasonable and supportable forecasts will be used to estimate expected credit losses. The amended guidance will also change the manner in which credit losses are recognized on debt securities classified as available-for-sale. The new guidance will be effective for interim and annual periods beginning January 1, 2020 for the Company. Early adoption is permitted. The Company is currently evaluating the impact of the new accounting guidance on the Company's financial condition, results of operations and cash flows. Classification of Certain Cash Receipts and Cash Payments In August 2016, the FASB amended the guidance on the presentation and classification of certain cash receipts and cash payments in the statement of cash flows to eliminate current diversity in practice. The new guidance will be effective for interim and annual periods beginning January 1, 2018 for the Company and must be applied using a retrospective transition method to each period presented. Early adoption is permitted. The Company is currently evaluating the impact of the new accounting guidance.

Business Acquisition

Business Acquisition	9 Months Ended
	Sep. 30, 2016
Business Acquisition [Abstract]
BUSINESS ACQUISITION	BUSINESS ACQUISITION OptionsHouse Acquisition On September 12, 2016, the Company completed its acquisition of all of the outstanding equity of Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse, from Aperture Holdings, L.P. for $725 million . OptionsHouse is an online brokerage firm focused on serving active traders through its derivatives platform. The acquisition will enhance E*TRADE's derivatives capabilities and offerings to current customers while providing the benefit of an expanded breadth of offerings, including 24 hour customer service, long-term investing tools, and mobile experience, for current OptionsHouse customers. The results of OptionsHouse's operations have been included in the Company's consolidated statement of income (loss) for the three and nine months ended September 30, 2016 from the date of the acquisition. OptionsHouse's net revenue from September 12, 2016 through September 30, 2016 was $6 million . Supplemental pro forma financial information related to the acquisition is not included because the impact on the Company's consolidated statement of income (loss) is not material. The following table summarizes the provisional allocation of the purchase price to the net assets of OptionsHouse as of September 12, 2016 (dollars in millions): September 12, 2016 Purchase price $ 725 Purchased cash adjustment 26 Working capital adjustment (2 ) Total cash consideration paid $ 749 Fair value of net assets acquired $ 171 Provisional goodwill $ 578 The following table summarizes the provisional fair values of the assets acquired and liabilities assumed as of the acquisition date. The allocation of the purchase price is provisional and subject to further adjustment as information relative to the acquisition date fair value of intangible assets is finalized. We do not expect that any adjustments to the provisional fair value will be material to the Company's consolidated financial statements (dollars in millions): September 12, 2016 Assets Cash and equivalents $ 26 Identifiable intangible assets 169 Property and equipment 6 Other assets 12 Total assets acquired $ 213 Liabilities Deferred tax liabilities, net $ 31 Accrued expenses and other liabilities 11 Total liabilities assumed $ 42 Net assets acquired $ 171 The provisional goodwill of $578 million , which is allocated to the retail brokerage reporting unit, is composed primarily of the synergies expected to result from combining operations with OptionsHouse and coupling its derivatives platform with the Company's existing product offerings. Approximately $122 million of this goodwill will be deductible for tax purposes. The Company recorded provisional intangible assets of $169 million , which are subject to amortization over their estimated useful lives. Approximately $63 million of the intangible assets will be deductible for tax purposes. The provisional fair value of the intangible assets was determined under the income approach. The following table summarizes the provisional estimated fair value and estimated useful lives of the intangible assets (dollars in millions): Estimated Fair Value Estimated Useful Life (In Years) Customer relationships $ 118 14 Technology 48 7 Trade name 3 2 Total intangible assets $ 169

Restructuring and Acquisition-R

Restructuring and Acquisition-Related Activities	9 Months Ended
	Sep. 30, 2016
Restructuring and Acquisition-Related Activities [Abstract]
Restructuring and Related Activities Disclosure	RESTRUCTURING AND ACQUISITION-RELATED ACTIVITIES The following table shows the components of restructuring and acquisition-related activities expense for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Restructuring activities $ 18 $ 2 $ 21 $ 8 Acquisition-related costs 7 — 7 — Total restructuring and acquisition-related activities $ 25 $ 2 $ 28 $ 8 The Company incurred $7 million of acquisition-related costs in connection with its purchase of OptionsHouse, which was completed on September 12, 2016. Restructuring activities during the three and nine months ended September 30, 2016 includes approximately $16 million of costs, primarily related to employee severance, from the realignment of our core brokerage business and organizational structure. The liability for restructuring activities at September 30, 2016 was $11 million .

Interest Income and Interest Ex

Interest Income and Interest Expense	9 Months Ended
	Sep. 30, 2016
Interest Income and Interest Expense Disclosure [Abstract]
INTEREST INCOME AND INTEREST EXPENSE	INTEREST INCOME AND INTEREST EXPENSE The following table shows the components of interest income and interest expense for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Interest income: Cash and equivalents $ 2 $ 1 $ 5 $ 2 Cash required to be segregated under federal or other regulation 2 1 4 1 Available-for-sale securities 66 57 198 189 Held-to-maturity securities 109 85 319 259 Margin receivables 60 70 185 208 Loans 46 58 146 177 Broker-related receivables and other — — 1 2 Subtotal interest income 285 272 858 838 Other interest revenue (1) 24 25 65 85 Total interest income 309 297 923 923 Interest expense: Deposits (1 ) (1 ) (3 ) (4 ) Customer payables (2 ) (2 ) (4 ) (4 ) Other borrowings (2) (4 ) (30 ) (13 ) (112 ) Corporate debt (13 ) (13 ) (40 ) (46 ) Subtotal interest expense (20 ) (46 ) (60 ) (166 ) Other interest expense (3) (2 ) (2 ) (3 ) (6 ) Total interest expense (22 ) (48 ) (63 ) (172 ) Net interest income (4) $ 287 $ 249 $ 860 $ 751 (1) Represents interest income on securities loaned. (2) In September 2015, the Company terminated $4.4 billion of legacy wholesale funding obligations. (3) Represents interest expense on securities borrowed. (4) Beginning in 2016, interest expense related to corporate debt and interest income related to corporate cash are presented within net interest income. Prior periods have been reclassified to conform with current period presentation.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURES Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company may use various valuation approaches, including market, income and/or cost approaches. The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Fair value is a market-based measure considered from the perspective of a market participant. Accordingly, even when market assumptions are not readily available, the Company’s own assumptions reflect those that market participants would use in pricing the asset or liability at the measurement date. The fair value measurement accounting guidance describes the following three levels used to classify fair value measurements: • Level 1—Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible by the Company. • Level 2—Quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. • Level 3—Unobservable inputs that are significant to the fair value of the assets or liabilities. The availability of observable inputs can vary and in certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to a fair value measurement requires judgment and consideration of factors specific to the asset or liability. Recurring Fair Value Measurement Techniques Mortgage-backed Securities The Company’s mortgage-backed securities portfolio is primarily comprised of agency mortgage-backed securities and collateralized mortgage obligations ("CMOs"). Agency mortgage-backed securities and CMOs are gu aranteed by U.S. government sponsored enterprises and federal agencies. The weighted average coupon rates for the available-for-sale mortgage-backed securities at September 30, 2016 are shown in the following table: Weighted Average Coupon Rate Agency mortgage-backed securities 2.83 % Agency CMOs 3.27 % The fair value of agency mortgage-backed securities was determined using a market approach with quoted market prices, recent market transactions and spread data for similar instruments. The fair value of agency CMOs was determined using market and income approaches along with the Company’s own trading activities for identical or similar instruments. Agency mortgage-backed securities and CMOs were categorized in Level 2 of the fair value hierarchy. Other Debt Securities The Company's fair value level classification of U.S. Treasuries is based on the original maturity dates of the securities and whether the securities are the most recent issuances of a given maturity. U.S. Treasuries with original maturities less than one year are classified as Level 1. U.S. Treasuries with original maturities longer than one year are classified as Level 1 if they represent the most recent issuance of a given maturity; otherwise, these securities are classified as Level 2. The fair value measurements of agency debentures and agency debt securities were determined using market and income approaches along with the Company’s own trading activities for identical or similar instruments and were categorized in Level 2 of the fair value hierarchy. The Company’s municipal bonds are revenue bonds issued by state and other local government agencies. The valuation of corporate bonds is impacted by the credit worthiness of the corporate issuer. All of the Company’s municipal bonds and corporate bonds were rated investment grade at September 30, 2016 . These securities were valued using a market approach with pricing service valuations corroborated by recent market transactions for identical or similar bonds. Municipal bonds and corporate bonds were categorized in Level 2 of the fair value hierarchy. Publicly Traded Equity Securities The fair value measurements of the Company's publicly traded equity securities were classified as Level 1 of the fair value hierarchy as they were based on quoted market prices in active markets. Derivative Instruments Interest rate swap and option contracts were valued with an income approach using pricing models that are commonly used by the financial services industry. The market observable inputs used in the pricing models include the swap curve, the volatility surface, and prime or overnight indexed swap basis from a financial data provider. The Company does not consider these models to involve significant judgment on the part of management, and the Company corroborated the fair value measurements with counterparty valuations. The Company’s derivative instruments were categorized in Level 2 of the fair value hierarchy. The consideration of credit risk, the Company’s or the counterparty’s, did not result in an adjustment to the valuation of its derivative instruments in the periods presented. Nonrecurring Fair Value Measurement Techniques Certain other assets are recorded at fair value on a nonrecurring basis: 1) one- to four-family and home equity loans in which the amount of the loan balance in excess of the estimated current value of the underlying property less estimated selling costs has been charged-off; and 2) real estate owned that is carried at the lower of the property’s carrying value or fair value less estimated selling costs. The Company evaluates and reviews assets that have been subject to fair value measurement requirements on a quarterly basis in accordance with policies and procedures that were designed to be in compliance with guidance from the Company’s regulators. These policies and procedures govern the frequency of the review, the use of acceptable valuation methods, and the consideration of estimated selling costs. Loans Receivable Loans that have been delinquent for 180 days or that are in bankruptcy and certain TDR loan modifications are charged-off based on the estimated current value of the underlying property less estimated selling costs. Property valuations for these one- to four-family and home equity loans are based on the most recent "as is" property valuation data available, which may include appraisals, broker price opinions ("BPOs"), automated valuation models or updated values using home price indices. Subsequent to the recording of an initial fair value measurement, these loans continue to be measured at fair value on a nonrecurring basis, utilizing the estimated value of the underlying property less estimated selling costs. These property valuations are updated on a monthly, quarterly or semi-annual basis depending on the type of valuation initially used. If the value of the underlying property has declined, an additional charge-off is recorded. If the value of the underlying property has increased, previously charged-off amounts are not reversed. If the valuation data obtained is significantly different from the valuation previously received, the Company reviews additional property valuation data to corroborate or update the valuation. BPOs are a type of valuation input used to determine the estimated property values of our collateral dependent mortgage loans. In addition, when available, BPOs are used in various loss mitigation, default management and portfolio monitoring efforts, allowance for loan losses modeling and CLTV estimates. The Company validates BPOs through quality control measures, including comparison to tax records, comparable sale and listing data, prior BPO values and original appraisals. The Company does not adjust BPO values but will only utilize BPOs that pass validation. Real Estate Owned Property valuations for real estate owned are based on the lowest value of the most recent property valuation data available, which may include appraisals, listing prices or approved offer prices. Nonrecurring fair value measurements on one- to four-family and home equity loans and real estate owned were classified as Level 3 of the fair value hierarchy as the valuations included unobservable inputs that were significant to the fair value. The following table presents additional information about significant unobservable inputs used in the valuation of assets measured at fair value on a nonrecurring basis that were categorized in Level 3 of the fair value hierarchy at September 30, 2016 and December 31, 2015 : Unobservable Inputs Average Range September 30, 2016 Loans receivable: One- to four-family Appraised value $ 440,700 $39,800-$1,954,000 Home equity Appraised value $ 303,700 $6,000-$2,450,000 Real estate owned Appraised value $ 330,300 $17,000-$1,900,000 December 31, 2015 Loans receivable: One- to four-family Appraised value $ 422,900 $8,500-$1,900,000 Home equity Appraised value $ 274,100 $9,000-$1,300,000 Real estate owned Appraised value $ 330,700 $26,500-$1,250,000 Recurring and Nonrecurring Fair Value Measurements Assets and liabilities measured at fair value at September 30, 2016 and December 31, 2015 are summarized in the following tables (dollars in millions): Level 1 Level 2 Level 3 Total Fair Value September 30, 2016: Recurring fair value measurements: Assets Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ — $ 12,180 $ — $ 12,180 Agency debentures — 850 — 850 U.S. Treasuries — 311 — 311 Agency debt securities — 81 — 81 Municipal bonds — 34 — 34 Corporate bonds — 4 — 4 Total debt securities — 13,460 — 13,460 Publicly traded equity securities 33 — — 33 Total available-for-sale securities 33 13,460 — 13,493 Other assets: Derivative assets (1) — 4 — 4 Total assets measured at fair value on a recurring basis (2) $ 33 $ 13,464 $ — $ 13,497 Liabilities Derivative liabilities (1) $ — $ 131 $ — $ 131 Total liabilities measured at fair value on a recurring basis (2) $ — $ 131 $ — $ 131 Nonrecurring fair value measurements: Loans receivable: One- to four-family $ — $ — $ 24 $ 24 Home equity — — 19 19 Total loans receivable — — 43 43 Real estate owned — — 28 28 Total assets measured at fair value on a nonrecurring basis (3) $ — $ — $ 71 $ 71 (1) All derivative assets and liabilities were interest rate contracts at September 30, 2016 . Information related to derivative instruments is detailed in Note 9—Derivative Instruments and Hedging Activities . (2) Assets and liabilities measured at fair value on a recurring basis represented 27% and less than 1% of the Company’s total assets and total liabilities, respectively, at September 30, 2016 . (3) Represents the fair value of assets prior to deducting estimated selling costs that were carried on the consolidated balance sheet at September 30, 2016 , and for which a fair value measurement was recorded during the period. Level 1 Level 2 Level 3 Total Fair Value December 31, 2015: Recurring fair value measurements: Assets Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ — $ 11,763 $ — $ 11,763 Agency debentures — 557 — 557 U.S. Treasuries — 143 — 143 Agency debt securities — 55 — 55 Municipal bonds — 35 — 35 Corporate bonds — 4 — 4 Total debt securities — 12,557 — 12,557 Publicly traded equity securities 32 — — 32 Total available-for-sale securities 32 12,557 — 12,589 Other assets: Derivative assets (1) — 10 — 10 Total assets measured at fair value on a recurring basis (2) $ 32 $ 12,567 $ — $ 12,599 Liabilities Derivative liabilities (1) $ — $ 55 $ — $ 55 Total liabilities measured at fair value on a recurring basis (2) $ — $ 55 $ — $ 55 Nonrecurring fair value measurements: Loans receivable: One- to four-family $ — $ — $ 41 $ 41 Home equity — — 22 22 Total loans receivable — — 63 63 Real estate owned — — 26 26 Total assets measured at fair value on a nonrecurring basis (3) $ — $ — $ 89 $ 89 (1) All derivative assets and liabilities were interest rate contracts at December 31, 2015 . Information related to derivative instruments is detailed in Note 9—Derivative Instruments and Hedging Activities . (2) Assets and liabilities measured at fair value on a recurring basis represented 28% and less than 1% of the Company’s total assets and total liabilities, respectively, at December 31, 2015 . (3) Represents the fair value of assets prior to deducting estimated selling costs that were carried on the consolidated balance sheet at December 31, 2015 , and for which a fair value measurement was recorded during the period. The following table presents losses recognized on assets measured at fair value on a nonrecurring basis during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 1 $ 1 $ 3 $ 6 Home equity 2 4 9 12 Total losses on loans receivable measured at fair value $ 3 $ 5 $ 12 $ 18 Losses (gains) on real estate owned measured at fair value $ (1 ) $ — $ — $ 1 Transfers Between Levels 1 and 2 For assets and liabilities measured at fair value on a recurring basis, the Company’s transfers between levels of the fair value hierarchy are deemed to have occurred at the beginning of the reporting period on a quarterly basis. The Company had no transfers between Level 1 and 2 during the nine months ended September 30, 2016 and 2015 . Recurring Fair Value Measurements Categorized within Level 3 For the periods presented, no assets or liabilities measured at fair value on a recurring basis were categorized within Level 3 of the fair value hierarchy. Fair Value of Financial Instruments Not Carried at Fair Value The following table summarizes the carrying values, fair values and fair value hierarchy level classification of financial instruments that are not carried at fair value on the consolidated balance sheet at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 Carrying Value Level 1 Level 2 Level 3 Total Fair Value Assets Cash and equivalents $ 1,467 $ 1,467 $ — $ — $ 1,467 Cash required to be segregated under federal or other regulations $ 2,159 $ 2,159 $ — $ — $ 2,159 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 13,176 $ — $ 13,564 $ — $ 13,564 Agency debentures 119 — 120 — 120 Agency debt securities 2,894 — 2,986 — 2,986 Total held-to-maturity securities $ 16,189 $ — $ 16,670 $ — $ 16,670 Margin receivables $ 6,552 $ — $ 6,552 $ — $ 6,552 Loans receivable, net: One- to four-family $ 2,061 $ — $ — $ 2,061 $ 2,061 Home equity 1,503 — — 1,446 1,446 Consumer 268 — — 273 273 Total loans receivable, net (1) $ 3,832 $ — $ — $ 3,780 $ 3,780 Receivables from brokers, dealers and clearing organizations $ 1,118 $ — $ 1,118 $ — $ 1,118 Liabilities Deposits $ 31,697 $ — $ 31,697 $ — $ 31,697 Customer payables $ 7,827 $ — $ 7,827 $ — $ 7,827 Payables to brokers, dealers and clearing organizations $ 1,227 $ — $ 1,227 $ — $ 1,227 Trust preferred securities $ 409 $ — $ — $ 285 $ 285 Corporate debt $ 994 $ — $ 1,068 $ — $ 1,068 (1) The carrying value of loans receivable, net includes the allowance for loan losses of $235 million and loans that are recorded at fair value on a nonrecurring basis at September 30, 2016 . December 31, 2015 Carrying Value Level 1 Level 2 Level 3 Total Fair Value Assets Cash and equivalents $ 2,233 $ 2,233 $ — $ — $ 2,233 Cash required to be segregated under federal or other regulations $ 1,057 $ 1,057 $ — $ — $ 1,057 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 10,353 $ — $ 10,444 $ — $ 10,444 Agency debentures 127 — 125 — 125 Agency debt securities 2,523 — 2,544 — 2,544 Other non-agency debt securities 10 — — 10 10 Total held-to-maturity securities $ 13,013 $ — $ 13,113 $ 10 $ 13,123 Margin receivables $ 7,398 $ — $ 7,398 $ — $ 7,398 Loans receivable, net: One- to four-family $ 2,465 $ — $ — $ 2,409 $ 2,409 Home equity 1,810 — — 1,660 1,660 Consumer 338 — — 343 343 Total loans receivable, net (1) $ 4,613 $ — $ — $ 4,412 $ 4,412 Receivables from brokers, dealers and clearing organizations $ 520 $ — $ 520 $ — $ 520 Liabilities Deposits $ 29,445 $ — $ 29,444 $ — $ 29,444 Customer Payables $ 6,544 $ — $ 6,544 $ — $ 6,544 Payables to brokers, dealers and clearing organizations $ 1,576 $ — $ 1,576 $ — $ 1,576 Other borrowings: Securities sold under agreements to repurchase $ 82 $ — $ 82 $ — $ 82 Trust preferred securities 409 — — 252 252 Total other borrowings $ 491 $ — $ 82 $ 252 $ 334 Corporate debt $ 997 $ — $ 1,055 $ — $ 1,055 (1) The carrying value of loans receivable, net includes the allowance for loan losses of $353 million and loans that are recorded at fair value on a nonrecurring basis at December 31, 2015 . The fair value measurement techniques for financial instruments not carried at fair value on the consolidated balance sheet at September 30, 2016 and December 31, 2015 are summarized as follows: Cash and equivalents, cash required to be segregated under federal or other regulations, margin receivables, receivables from brokers, dealers and clearing organizations, customer payables and payables to brokers, dealers and clearing organizations —Due to their short term nature, fair value is estimated to be carrying value. Held-to-maturity securities —The held-to-maturity securities portfolio included agency mortgage-backed securities and CMOs, agency debentures, agency debt securities, and other non-agency debt securities. The fair value of agency mortgage-backed securities is determined using market and income approaches with quoted market prices, recent market transactions and spread data for similar instruments. The fair value of agency CMOs and agency debt securities is determined using market and income approaches along with the Company’s own trading activities for identical or similar instruments. The fair value of agency debentures is based on quoted market prices that were derived from assumptions observable in the marketplace. Fair value of other non-agency debt securities is estimated to be carrying value. Loans receivable, net —Fair value is estimated using a discounted cash flow model. Loans are differentiated based on their individual portfolio characteristics, such as product classification, loan category and pricing features. Assumptions for expected losses, prepayments, cash flows and discount rates are adjusted to reflect the individual characteristics of the loans, such as credit risk, coupon, lien position, and payment characteristics, as well as the secondary market conditions for these types of loans. Although the market for one- to four-family and home equity loan portfolios has improved, given the lack of observability of valuation inputs, these fair value measurements cannot be determined with precision and changes in the underlying assumptions used, including discount rates, could significantly affect the results of current or future fair value estimates. In addition, the amount that would be realized in a forced liquidation, an actual sale or immediate settlement could be lower than both the carrying value and the estimated fair value of the portfolio. Deposits —Fair value is the amount payable on demand at the reporting date for sweep deposits, complete savings deposits, other money market and savings deposits and checking deposits. For certificates of deposit, fair value is estimated by discounting future cash flows using discount factors derived from current observable rates implied for other similar instruments with similar remaining maturities. Securities sold under agreements to repurchase —Fair value for securities sold under agreements to repurchase was determined by discounting future cash flows using discount factors derived from current observable rates implied for other similar instruments with similar remaining maturities. Trust preferred securities —For subordinated debentures, fair value is estimated by discounting future cash flows at the yield implied by dealer pricing quotes. Corporate debt —For interest-bearing corporate debt, fair value is estimated using dealer pricing quotes. The fair value of the non-interest-bearing convertible debentures is directly correlated to the intrinsic value of the Company’s underlying stock; therefore, as the price of the Company’s stock increases relative to the conversion price, the fair value of the convertible debentures increases. Fair Value of Commitments and Contingencies In the normal course of business, the Company makes various commitments to extend credit and incur contingent liabilities that are not reflected in the consolidated balance sheet. Changes in the economy or interest rates may influence the impact that these commitments and contingencies have on the Company in the future. The Company does not estimate the fair value of those commitments. The Company has the right to cancel these commitments in certain circumstances and has closed a significant amount of customer HELOCs in the past eight years. At September 30, 2016 , the Company had approximately $32 million of unfunded commitments to extend credit. Information related to such commitments and contingent liabilities is included in Note 17—Commitments, Contingencies and Other Regulatory Matters .

Offsetting Assets and Liabiliti

Offsetting Assets and Liabilities	9 Months Ended
	Sep. 30, 2016
Offsetting Assets and Liabilities [Abstract]
Offsetting Assets and Liabilities [Text Block]	OFFSETTING ASSETS AND LIABILITIES For financial statement purposes, the Company does not offset derivative instruments, repurchase agreements, or securities borrowing and securities lending transactions. These activities are generally transacted under master agreements that are widely used by counterparties and that may allow for net settlements of payments in the normal course, as well as offsetting of all contracts with a given counterparty in the event of bankruptcy or default of one of the two parties to the transaction. The following table presents information about these transactions to enable the users of the Company’s financial statements to evaluate the potential effect of rights of set-off between these recognized assets and recognized liabilities at September 30, 2016 and December 31, 2015 (dollars in millions): Gross Amounts Not Offset in the Consolidated Balance Sheet Gross Amounts of Recognized Assets and Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet (1)(2) Financial Instruments Collateral Received or Pledged (Including Cash) Net Amount September 30, 2016 Assets: Deposits paid for securities borrowed (3) $ 657 $ — $ 657 $ (195 ) $ (449 ) $ 13 Total $ 657 $ — $ 657 $ (195 ) $ (449 ) $ 13 Liabilities: Deposits received for securities loaned (4) $ 1,188 $ — $ 1,188 $ (195 ) $ (922 ) $ 71 Derivative liabilities (5)(6) 32 — 32 — (32 ) — Total $ 1,220 $ — $ 1,220 $ (195 ) $ (954 ) $ 71 December 31, 2015 Assets: Deposits paid for securities borrowed (3) $ 120 $ — $ 120 $ (94 ) $ (18 ) $ 8 Total $ 120 $ — $ 120 $ (94 ) $ (18 ) $ 8 Liabilities: Deposits received for securities loaned (4) $ 1,535 $ — $ 1,535 $ (94 ) $ (1,314 ) $ 127 Repurchase agreements (6) 82 — 82 — (81 ) 1 Derivative liabilities (5)(6) 11 — 11 — (11 ) — Total $ 1,628 $ — $ 1,628 $ (94 ) $ (1,406 ) $ 128 (1) Net amount of deposits paid for securities borrowed are reflected in the receivables from brokers, dealers and clearing organizations line item in the consolidated balance sheet. (2) Net amount of deposits received for securities loaned, repurchase agreements and derivative liabilities are reflected in the payables to brokers, dealers and clearing organizations, other borrowings and other liabilities line items in the consolidated balance sheet, respectively. (3) Included in the gross amounts of deposits paid for securities borrowed was $359 million and $34 million at September 30, 2016 and December 31, 2015 , respectively, transacted through a program with a clearing organization, which guarantees the return of cash to the Company. For presentation purposes, these amounts presented are based on the counterparties under the Company’s master securities loan agreements. (4) Included in the gross amounts of deposits received for securities loaned was $703 million and $722 million at September 30, 2016 and December 31, 2015 , respectively, transacted through a program with a clearing organization, which guarantees the return of securities to the Company. For presentation purposes, these amounts presented are based on the counterparties under the Company’s master securities loan agreements. (5) Excludes net accrued interest payable of $1 million and $3 million at September 30, 2016 and December 31, 2015 , respectively. (6) The Company pledges available-for-sale and held-to-maturity securities as collateral for amounts due on repurchase agreements and derivative liabilities. The collateral pledged included available-for-sale securities at fair value and held-to-maturity securities at amortized cost for September 30, 2016 and available-for-sale securities at fair value for December 31, 2015 . Derivative Transactions Certain types of derivatives that the Company utilizes in its hedging activities are subject to derivatives clearing agreements ("cleared derivatives contracts") under the Dodd-Frank Act. These cleared derivatives contracts enable clearing by a derivatives clearing organization through a clearing member. Under the contracts, the clearing member typically has a one-way right to offset all contracts in the event of the Company’s default or bankruptcy. Collateral exchanged under these contracts is not included in the table above as the contracts may not qualify as master netting agreements. At September 30, 2016 and December 31, 2015 , the Company had $4 million and $10 million , respectively, of cleared derivative contract assets. At September 30, 2016 and December 31, 2015 , the Company had $99 million and $44 million , respectively, of cleared derivative contract liabilities. Securities Lending Transactions Deposits paid for securities borrowed and deposits received for securities loaned are recorded at the amount of cash collateral advanced or received. Deposits paid for securities borrowing transactions require the Company to deposit cash with the lender whereas deposits received for securities loaned result in the Company receiving collateral in the form of cash in an amount generally in excess of the market value of the securities loaned. Securities lending transactions have overnight or continuous remaining contractual maturities. Securities lending transactions expose the Company to counterparty credit risk and market risk. To manage the counterparty risk, the Company maintains internal standards for approving counterparties, reviews and analyzes the credit rating of each counterparty, and monitors its positions with each counterparty on an ongoing basis. In addition, for certain of the Company's securities lending transactions, the Company uses a program with a clearing organization that guarantees the return of securities. The Company monitors the market value of the securities borrowed and loaned using collateral arrangements that require additional collateral to be obtained from or excess collateral to be returned to the counterparties based on changes in market value, to maintain specified collateral levels.

Available-for-Sale and Held-to-

Available-for-Sale and Held-to-Maturity Securities	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
AVAILABLE-FOR-SALE AND HELD-TO-MATURITY SECURITIES	AVAILABLE-FOR-SALE AND HELD-TO-MATURITY SECURITIES The amortized cost and fair value of available-for-sale and held-to-maturity securities at September 30, 2016 and December 31, 2015 are shown in the following tables (dollars in millions): Amortized Cost Gross Unrealized / Unrecognized Gains Gross Unrealized / Unrecognized Losses Fair Value September 30, 2016: Available-for-sale securities: (1) Debt securities: Agency mortgage-backed securities and CMOs $ 12,064 $ 140 $ (24 ) $ 12,180 Agency debentures 794 59 (3 ) 850 U.S. Treasuries 300 15 (4 ) 311 Agency debt securities 79 2 — 81 Municipal bonds 33 1 — 34 Corporate bonds 5 — (1 ) 4 Total debt securities 13,275 217 (32 ) 13,460 Publicly traded equity securities (2) 33 — — 33 Total available-for-sale securities $ 13,308 $ 217 $ (32 ) $ 13,493 Held-to-maturity securities: (1) Agency mortgage-backed securities and CMOs $ 13,176 $ 406 $ (18 ) $ 13,564 Agency debentures 119 1 — 120 Agency debt securities 2,894 92 — 2,986 Total held-to-maturity securities $ 16,189 $ 499 $ (18 ) $ 16,670 December 31, 2015: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 11,888 $ 41 $ (166 ) $ 11,763 Agency debentures 551 18 (12 ) 557 U.S. Treasuries 147 — (4 ) 143 Agency debt securities 55 — — 55 Municipal bonds 35 — — 35 Corporate bonds 5 — (1 ) 4 Total debt securities 12,681 59 (183 ) 12,557 Publicly traded equity securities (2) 33 — (1 ) 32 Total available-for-sale securities $ 12,714 $ 59 $ (184 ) $ 12,589 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 10,353 $ 149 $ (58 ) $ 10,444 Agency debentures 127 — (2 ) 125 Agency debt securities 2,523 34 (13 ) 2,544 Other non-agency debt securities 10 — — 10 Total held-to-maturity securities $ 13,013 $ 183 $ (73 ) $ 13,123 (1) During the three months ended June 30, 2016, securities with a fair value of approximately $492 million were transferred from available-for-sale securities to held-to-maturity securities pursuant to an evaluation of our investment strategy and an assessment by management about our intent and ability to hold those particular securities until maturity. See Note 14—Shareholders' Equity for information on the impact to accumulated other comprehensive income. (2) Consists of investments in a mutual fund related to the Community Reinvestment Act. Contractual Maturities The contractual maturities of all available-for-sale and held-to-maturity debt securities at September 30, 2016 are shown in the following table (dollars in millions): Amortized Cost Fair Value Available-for-sale debt securities: Due within one year $ — $ — Due within one to five years 11 11 Due within five to ten years 3,756 3,835 Due after ten years 9,508 9,614 Total available-for-sale debt securities $ 13,275 $ 13,460 Held-to-maturity debt securities: Due within one year $ — $ — Due within one to five years 1,382 1,440 Due within five to ten years 4,615 4,783 Due after ten years 10,192 10,447 Total held-to-maturity debt securities $ 16,189 $ 16,670 At September 30, 2016 , the Company pledged $6 million of available-for-sale debt securities and $0.6 billion of held-to-maturity debt securities as collateral for derivatives and other purposes. At December 31, 2015 , the Company pledged $17 million of available-for-sale debt securities and $0.7 billion of held-to-maturity debt securities as collateral for derivatives and other purposes. Investments with Unrealized or Unrecognized Losses The following tables show the fair value and unrealized or unrecognized losses on available-for-sale and held-to-maturity securities, aggregated by investment category, and the length of time that individual securities have been in a continuous unrealized or unrecognized loss position at September 30, 2016 and December 31, 2015 (dollars in millions): Less than 12 Months 12 Months or More Total Fair Value Unrealized / Unrecognized Losses Fair Value Unrealized / Unrecognized Losses Fair Value Unrealized / Unrecognized Losses September 30, 2016: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 2,911 $ (15 ) $ 1,186 $ (9 ) $ 4,097 $ (24 ) Agency debentures 128 (3 ) — — 128 (3 ) U.S. Treasuries 150 (4 ) — — 150 (4 ) Corporate bonds — — 4 (1 ) 4 (1 ) Total temporarily impaired available-for-sale securities $ 3,189 $ (22 ) $ 1,190 $ (10 ) $ 4,379 $ (32 ) Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 529 $ (2 ) $ 1,311 $ (16 ) $ 1,840 $ (18 ) Agency debt securities 77 — 18 — 95 — Total temporarily impaired held-to-maturity securities $ 606 $ (2 ) $ 1,329 $ (16 ) $ 1,935 $ (18 ) December 31, 2015: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 6,832 $ (88 ) $ 2,496 $ (78 ) $ 9,328 $ (166 ) Agency debentures 329 (12 ) 9 — 338 (12 ) U.S. Treasuries 143 (4 ) — — 143 (4 ) Agency debt securities 55 — — — 55 — Municipal bonds — — 15 — 15 — Corporate bonds — — 4 (1 ) 4 (1 ) Publicly traded equity securities 32 (1 ) — — 32 (1 ) Total temporarily impaired available-for-sale securities $ 7,391 $ (105 ) $ 2,524 $ (79 ) $ 9,915 $ (184 ) Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 2,807 $ (25 ) $ 1,495 $ (33 ) $ 4,302 $ (58 ) Agency debentures 114 (2 ) — — 114 (2 ) Agency debt securities 1,006 (10 ) 134 (3 ) 1,140 (13 ) Total temporarily impaired held-to-maturity securities $ 3,927 $ (37 ) $ 1,629 $ (36 ) $ 5,556 $ (73 ) The Company does not believe that any individual unrealized loss in the available-for-sale portfolio or unrecognized loss in the held-to-maturity portfolio as of September 30, 2016 represents a credit loss. The Company does not intend to sell the debt securities in an unrealized or unrecognized loss position as of the balance sheet date and it is not more likely than not that the Company will be required to sell the debt securities before the anticipated recovery of its remaining amortized cost of the debt securities in an unrealized or unrecognized loss position at September 30, 2016 . There were no impairment losses recognized in earnings on available-for-sale or held-to-maturity securities during the nine months ended September 30, 2016 and 2015 , respectively. Included within the Company's securities portfolios are securities that have been written-down to a zero carrying value. The credit loss component of debt securities held by the Company that had a noncredit loss component previously recognized in other comprehensive income decreased to $136 million at September 30, 2016 from $152 million at December 31, 2015, as a result of the sale and pay off of our remaining impaired securities during the third quarter of 2016. Of these amounts, $136 million and $123 million at September 30, 2016 and December 31, 2015 , respectively, relate to debt securities that have been factored to zero, but the Company still holds legal title to these securities until maturity or until they are sold . Gains (Losses) on Securities and Other, Net The following table shows the components of the gains (losses) on securities and other, net line items on the consolidated statement of income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Reclassification of deferred losses on cash flow hedges $ — $ (370 ) $ — $ (370 ) Gains on available-for-sale securities, net: Gains on available-for-sale securities 17 30 46 48 Losses on available-for-sale securities — (19 ) — (19 ) Subtotal 17 11 46 29 Hedge ineffectiveness (4 ) (2 ) (8 ) — Equity method investment income (loss) and other 1 3 (4 ) 8 Gains (losses) on securities and other, net $ 14 $ (358 ) $ 34 $ (333 )

Loans Receivable, Net

Loans Receivable, Net	9 Months Ended
	Sep. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
LOANS RECEIVABLE, NET	LOANS RECEIVABLE, NET Loans receivable, net at September 30, 2016 and December 31, 2015 are summarized as follows (dollars in millions): September 30, 2016 December 31, 2015 One- to four-family $ 2,094 $ 2,488 Home equity 1,685 2,114 Consumer 271 341 Total loans receivable 4,050 4,943 Unamortized premiums, net 17 23 Allowance for loan losses (235 ) (353 ) Total loans receivable, net $ 3,832 $ 4,613 At September 30, 2016 , the Company pledged $3.4 billion and $0.3 billion of loans as collateral to the FHLB and Federal Reserve Bank, respectively. At December 31, 2015 , the Company pledged $4.2 billion and $0.3 billion of loans as collateral to the FHLB and Federal Reserve Bank, respectively. The following table presents the total recorded investment in loans receivable and allowance for loan losses by loans that have been collectively evaluated for impairment and those that have been individually evaluated for impairment by loan class at September 30, 2016 and December 31, 2015 (dollars in millions): Recorded Investment Allowance for Loan Losses September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 Collectively evaluated for impairment: One- to four-family $ 1,850 $ 2,219 $ 41 $ 31 Home equity 1,484 1,915 132 255 Consumer 273 344 5 6 Total collectively evaluated for impairment 3,607 4,478 178 292 Individually evaluated for impairment: One- to four-family 258 286 6 9 Home equity 202 202 51 52 Total individually evaluated for impairment 460 488 57 61 Total $ 4,067 $ 4,966 $ 235 $ 353 Credit Quality and Concentrations of Credit Risk The Company tracks and reviews factors to predict and monitor credit risk in its mortgage loan portfolio on an ongoing basis. These factors include: loan type, estimated current LTV/CLTV ratios, delinquency history, borrowers’ current credit scores, housing prices, loan vintage and geographic location of the property. The Company believes LTV/CLTV ratios and credit scores are the key factors in determining future loan performance. The factors are updated on at least a quarterly basis. The Company tracks and reviews delinquency status to predict and monitor credit risk in the consumer loan portfolio on at least a quarterly basis. Credit Quality The following tables show the distribution of the Company’s mortgage loan portfolios by credit quality indicator at September 30, 2016 and December 31, 2015 (dollars in millions): One- to Four-Family Home Equity Current LTV/CLTV (1) September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 <=80% $ 1,368 $ 1,519 $ 721 $ 843 80%-100% 462 609 448 549 100%-120% 162 227 308 420 >120% 102 133 208 302 Total mortgage loans receivable $ 2,094 $ 2,488 $ 1,685 $ 2,114 Average estimated current LTV/CLTV (2) 74 % 77 % 88 % 90 % Average LTV/CLTV at loan origination (3) 71 % 71 % 81 % 81 % (1) Current CLTV calculations for home equity loans are based on the maximum available line for HELOCs and outstanding principal balance for home equity installment loans. For home equity loans in the second lien position, the original balance of the first lien loan at origination date and updated valuations on the property underlying the loan are used to calculate CLTV. Current property values are updated on a quarterly basis using the most recent property value data available to the Company. For properties in which the Company did not have an updated valuation, home price indices were utilized to estimate the current property value. (2) The average estimated current LTV/CLTV ratio reflects the outstanding balance at the balance sheet date and the maximum available line for HELOCs, divided by the estimated current value of the underlying property. (3) Average LTV/CLTV at loan origination calculations are based on LTV/CLTV at time of purchase for one- to four-family purchased loans and home equity installment loans and maximum available line for HELOCs . One- to Four-Family Home Equity Current FICO (1) September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 >=720 $ 1,224 $ 1,423 $ 852 $ 1,069 719 - 700 189 246 163 222 699 - 680 149 198 145 183 679 - 660 132 150 125 152 659 - 620 166 198 161 203 <620 234 273 239 285 Total mortgage loans receivable $ 2,094 $ 2,488 $ 1,685 $ 2,114 (1) FICO scores are updated on a quarterly basis; however, there were approximately $31 million and $39 million of one- to four-family loans at September 30, 2016 and December 31, 2015 , respectively, and $2 million and $3 million of home equity loans at September 30, 2016 and December 31, 2015 , respectively, for which the updated FICO scores were not available. For these loans, the current FICO distribution included the most recent FICO scores where available, otherwise the original FICO score was used. Concentrations of Credit Risk One- to four-family loans include loans for a five to ten year interest-only period, followed by an amortizing period ranging from 20 to 25 years. At September 30, 2016 , 31% of the Company's one- to four-family portfolio was not yet amortizing. During the trailing twelve months ended September 30, 2016 , borrowers of approximately 15% of the portfolio made voluntary annual principal payments of at least $2,500 and of this population, nearly half made principal payments that were $10,000 or greater. The home equity loan portfolio is primarily second lien loans on residential real estate properties, which have a higher level of credit risk than first lien mortgage loans. Approximately 13% of the home equity portfolio was in the first lien position and the Company holds both the first and second lien positions in less than 1% of the home equity loan portfolio at September 30, 2016 . The home equity loan portfolio consists of approximately 18% of home equity installment loans and approximately 82% of HELOCs at September 30, 2016 . Home equity installment loans are primarily fixed rate and fixed term, fully amortizing loans that do not offer the option of an interest-only payment. The majority of HELOCs convert to amortizing loans at the end of the draw period, which typically ranges from five to ten years. At September 30, 2016 , approximately 1% of this portfolio will require the borrowers to repay the loan in full at the end of the draw period in a future period. At September 30, 2016 , 27% of the HELOC portfolio had not converted from the interest-only draw period and had not begun amortizing. During the trailing twelve months ended September 30, 2016 , borrowers of approximately 40% of the portfolio made annual principal payments of at least $500 on their HELOCs and slightly under half reduced their principal balance by at least $2,500 . The following table outlines when one- to four-family and HELOCs convert to amortizing by percentage of the one- to four-family portfolio and HELOC portfolios, respectively, at September 30, 2016 : Period of Conversion to Amortizing Loan % of One- to Four-Family Portfolio % of Home Equity Line of Credit Portfolio Already amortizing 69% 73% Through December 31, 2016 7% 12% Year ending December 31, 2017 24% 14% Year ending December 31, 2018 or later —% 1% The average age of our mortgage loans receivable was 10.6 and 9.9 years at September 30, 2016 and December 31, 2015 , respectively. Approximately 36% and 37% of the Company’s mortgage loans receivable were concentrated in California at September 30, 2016 and December 31, 2015 , respectively. No other state had concentrations of mortgage loans that represented 10% or more of the Company’s mortgage loans receivable at September 30, 2016 and December 31, 2015 . Delinquent Loans The following table shows total loans receivable by delinquency category at September 30, 2016 and December 31, 2015 (dollars in millions): Current 30-89 Days Delinquent 90-179 Days Delinquent 180+ Days Delinquent Total September 30, 2016 One- to four-family $ 1,913 $ 65 $ 19 $ 97 $ 2,094 Home equity 1,568 38 24 55 1,685 Consumer 267 4 — — 271 Total loans receivable $ 3,748 $ 107 $ 43 $ 152 $ 4,050 December 31, 2015 One- to four-family $ 2,279 $ 72 $ 26 $ 111 $ 2,488 Home equity 1,978 52 31 53 2,114 Consumer 334 6 1 — 341 Total loans receivable $ 4,591 $ 130 $ 58 $ 164 $ 4,943 Loans delinquent 180 days and greater have been written down to their expected recovery value. Loans delinquent 90 to 179 days generally have not been written down to their expected recovery value (unless they are in process of bankruptcy or are modifications for which there is substantial doubt as to the borrower’s ability to repay the loan), but present a risk of future charge-off. Additional charge-offs on loans delinquent 180 days and greater are possible if home prices decline beyond current estimates. The Company monitors loans in which a borrower’s current credit history casts doubt on their ability to repay a loan. Loans are classified as special mention when they are between 30 and 89 days past due. The trend in special mention loan balances is generally indicative of the expected trend for charge-offs in future periods, as these loans have a greater propensity to migrate into nonaccrual status and ultimately charge-off. One- to four-family loans are generally secured in a first lien position by real estate assets, reducing the potential loss when compared to an unsecured loan. Home equity loans are generally secured by real estate assets; however, the majority of these loans are secured in a second lien position, which substantially increases the potential loss when compared to a first lien position. The loss severity of our second lien home equity loans was approximately 92% for a trailing twelve-month period as of September 30, 2016 . Nonperforming Loans The Company classifies loans as nonperforming when they are no longer accruing interest, which includes loans that are 90 days and greater past due, TDRs that are on nonaccrual status for all classes of loans (including loans in bankruptcy) and certain junior liens that have a delinquent senior lien. The following table shows the comparative data for nonperforming loans at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 December 31, 2015 One- to four-family $ 230 $ 263 Home equity 150 154 Consumer — 1 Total nonperforming loans receivable $ 380 $ 418 Real Estate Owned and Loans with Formal Foreclosure Proceedings in Process At September 30, 2016 and December 31, 2015 , the Company held $30 million and $27 million , respectively, of real estate owned that were acquired through foreclosure or through a deed in lieu of foreclosure or similar legal agreement. The Company also held $104 million and $108 million of loans for which formal foreclosure proceedings were in process at September 30, 2016 and December 31, 2015 , respectively. Allowance for Loan Losses The following table provides a roll forward by loan portfolio of the allowance for loan losses for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 42 $ 245 $ 6 $ 293 Provision (benefit) for loan losses 2 (64 ) — (62 ) Charge-offs — (4 ) (1 ) (5 ) Recoveries 3 6 — 9 Net (charge-offs) recoveries 3 2 (1 ) 4 Allowance for loan losses, end of period $ 47 $ 183 $ 5 $ 235 Three Months Ended September 30, 2015 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 49 $ 345 $ 8 $ 402 Provision (benefit) for loan losses (10 ) (15 ) — (25 ) Charge-offs — (7 ) (2 ) (9 ) Recoveries — 7 1 8 Net (charge-offs) recoveries — — (1 ) (1 ) Allowance for loan losses, end of period $ 39 $ 330 $ 7 $ 376 Nine Months Ended September 30, 2016 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 40 $ 307 $ 6 $ 353 Provision (benefit) for loan losses 2 (134 ) 1 (131 ) Charge-offs (1 ) (13 ) (5 ) (19 ) Recoveries 6 23 3 32 Net (charge-offs) recoveries 5 10 (2 ) 13 Allowance for loan losses, end of period $ 47 $ 183 $ 5 $ 235 Nine Months Ended September 30, 2015 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 27 $ 367 $ 10 $ 404 Provision (benefit) for loan losses 15 (32 ) — (17 ) Charge-offs (3 ) (26 ) (8 ) (37 ) Recoveries — 21 5 26 Net (charge-offs) recoveries (3 ) (5 ) (3 ) (11 ) Allowance for loan losses, end of period $ 39 $ 330 $ 7 $ 376 Total loans receivable designated as held-for-investment decreased $0.8 billion during the nine months ended September 30, 2016 . The allowance for loan losses was $235 million , or 5.8% of total loans receivable, as of September 30, 2016 compared to $353 million , or 7.1% of total loans receivable, as of December 31, 2015 . The benefit for loan losses was $62 million and $131 million for the three and nine months ended September 30, 2016 . The quantitative allowance methodology continues to include the identification of higher risk mortgage loans and the period of forecasted loan losses captured within the general allowance includes the total probable loss over the remaining life of these loans. The current period provision benefit of $62 million includes approximately $40 million resulting from updated performance expectations based on the sustained outperformance of a substantial volume of the high-risk HELOCs. The current period benefit also reflected recoveries in excess of prior expectations, including recoveries of previous charge-offs that were not included in our loss estimates, as well as payoffs on loans converting to amortizing. Impaired Loans—Troubled Debt Restructurings TDRs include two categories of loans: (1) loan modifications completed under the Company’s programs that involve granting an economic concession to a borrower experiencing financial difficulty, and (2) loans that have been charged off based on the estimated current value of the underlying property less estimated selling costs due to bankruptcy notification. Delinquency status is the primary measure the Company uses to evaluate the performance of loans modified as TDRs. As mentioned above, the Company classifies loans as nonperforming when they are no longer accruing interest, which includes loans that are 90 days and greater past due, TDRs that are on nonaccrual status for all classes of loans, including loans in bankruptcy, and certain junior liens that have a delinquent senior lien. The following table shows a summary of the Company’s recorded investment in TDRs that were on accrual and nonaccrual status, further disaggregated by delinquency status, in addition to the recorded investment in TDRs at September 30, 2016 and December 31, 2015 (dollars in millions): Nonaccrual TDRs Accrual TDRs (1) Current (2) 30-89 Days Delinquent 90-179 Days Delinquent 180+ Days Delinquent Total Recorded Investment in TDRs (3)(4) September 30, 2016 One- to four-family $ 100 $ 96 $ 18 $ 4 $ 40 $ 258 Home equity 116 50 8 5 23 202 Total $ 216 $ 146 $ 26 $ 9 $ 63 $ 460 December 31, 2015 One- to four-family $ 106 $ 106 $ 19 $ 8 $ 47 $ 286 Home equity 120 42 11 8 21 202 Total $ 226 $ 148 $ 30 $ 16 $ 68 $ 488 (1) Represents loans modified as TDRs that are current and have made six or more consecutive payments. (2) Represents loans modified as TDRs that are current but have not yet made six consecutive payments, bankruptcy loans and certain junior lien TDRs that have a delinquent senior lien. (3) The unpaid principal balance in one- to four-family TDRs was $256 million and $283 million at September 30, 2016 and December 31, 2015 , respectively. For home equity loans, the recorded investment in TDRs represents the unpaid principal balance. (4) Total recorded investment in TDRs at September 30, 2016 consisted of $325 million of loans modified as TDRs and $135 million of loans that have been charged off due to bankruptcy notification. Total recorded investment in TDRs at December 31, 2015 consisted of $334 million of loans modified as TDRs and $154 million of loans that have been charged off due to bankruptcy notification. The following table shows the average recorded investment and interest income recognized both on a cash and accrual basis for the Company’s TDRs during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Average Recorded Investment Interest Income Recognized Three Months Ended September 30, Three Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 264 $ 300 $ 2 $ 3 Home equity 205 212 5 4 Total $ 469 $ 512 $ 7 $ 7 Average Recorded Investment Interest Income Recognized Nine Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 275 $ 307 $ 7 $ 7 Home equity 205 216 13 13 Total $ 480 $ 523 $ 20 $ 20 Included in the allowance for loan losses was a specific valuation allowance of $57 million and $61 million that was established for TDRs at September 30, 2016 and December 31, 2015 , respectively. The specific allowance for these individually impaired loans represents the forecasted losses over the estimated remaining life of the loans, including the economic concessions granted to the borrowers. The following table shows detailed information related to the Company’s TDRs at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 December 31, 2015 Recorded Investment in TDRs Specific Valuation Allowance Net Investment in TDRs Recorded Investment in TDRs Specific Valuation Allowance Net Investment in TDRs With a recorded allowance: One- to four-family $ 61 $ 6 $ 55 $ 72 $ 9 $ 63 Home equity $ 112 $ 51 $ 61 $ 111 $ 52 $ 59 Without a recorded allowance: (1) One- to four-family $ 197 $ — $ 197 $ 214 $ — $ 214 Home equity $ 90 $ — $ 90 $ 91 $ — $ 91 Total: One- to four-family $ 258 $ 6 $ 252 $ 286 $ 9 $ 277 Home equity $ 202 $ 51 $ 151 $ 202 $ 52 $ 150 (1) Represents loans where the discounted cash flow analysis or collateral value is equal to or exceeds the recorded investment in the loan. Troubled Debt Restructurings — Loan Modifications The Company has loan modification programs that focus on the mitigation of potential losses in the one- to four-family and home equity mortgage loan portfolio. The Company currently does not have an active loan modification program for consumer loans. The various types of economic concessions that may be granted in a loan modification typically consist of interest rate reductions, maturity date extensions, principal forgiveness or a combination of these concessions. The Company uses specialized servicers that focus on loan modifications and pursue trial modifications for loans that are more than 180 days delinquent. Trial modifications are classified immediately as TDRs and continue to be reported as delinquent until the successful completion of the trial period, which is typically 90 days . The loan then becomes a permanent modification reported as current but remains on nonaccrual status until six consecutive payments have been made. The following table shows loans modified as TDRs by delinquency category at September 30, 2016 and December 31, 2015 (dollars in millions): Modifications Current Modifications 30-89 Days Delinquent Modifications 90-179 Days Delinquent Modifications 180+ Days Delinquent Total Recorded Investment in Modifications (1) September 30, 2016 One- to four-family $ 130 $ 10 $ 2 $ 14 $ 156 Home equity 146 6 4 13 169 Total $ 276 $ 16 $ 6 $ 27 $ 325 December 31, 2015 One- to four-family $ 138 $ 11 $ 5 $ 16 $ 170 Home equity 139 8 6 11 164 Total $ 277 $ 19 $ 11 $ 27 $ 334 (1) Includes loans modified as TDRs that also had received a bankruptcy notification of $44 million and $42 million at September 30, 2016 and December 31, 2015 , respectively. The following table shows loans modified as TDRs and the specific valuation allowance by loan portfolio as well as the percentage of total expected losses at September 30, 2016 and December 31, 2015 (dollars in millions): Recorded Investment in Modifications before Charge-offs Charge-offs Recorded Investment in Modifications Specific Valuation Allowance Net Investment in Modifications Specific Valuation Allowance as a % of Modifications Total Expected Losses September 30, 2016 One- to four-family $ 200 $ (44 ) $ 156 $ (6 ) $ 150 4 % 25 % Home equity 279 (110 ) 169 (51 ) 118 30 % 57 % Total $ 479 $ (154 ) $ 325 $ (57 ) $ 268 17 % 44 % December 31, 2015 One- to four-family $ 216 $ (46 ) $ 170 $ (9 ) $ 161 5 % 25 % Home equity 284 (120 ) 164 (52 ) 112 32 % 61 % Total $ 500 $ (166 ) $ 334 $ (61 ) $ 273 18 % 45 % The recorded investment in loans modified as TDRs includes the charge-offs related to certain loans that were written down to the estimated current value of the underlying property less estimated selling costs. These charge-offs were recorded on modified loans that were delinquent in excess of 180 days, in bankruptcy, or when certain characteristics of the loan, including CLTV, borrower’s credit and type of modification, cast substantial doubt on the borrower’s ability to repay the loan. The total expected loss on loans modified as TDRs includes both the previously recorded charge-offs and the specific valuation allowance. The vast majority of the Company’s loans modified as TDRs include an interest rate reduction in combination with another type of concession. The Company prioritizes the interest rate reduction modifications in combination with the other modification categories. Each class is mutually exclusive in that if a modification had an interest rate reduction with an extension and other modification, the modification would only be presented in the extension column in the table below. The following tables provide the number of loans and post-modification balances immediately after being modified by major class during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Interest Rate Reduction Other (1) Total One- to four-family 11 $ 2 $ — $ 2 $ 4 Home equity 102 2 — 5 7 Total 113 $ 4 $ — $ 7 $ 11 Three Months Ended September 30, 2015 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Interest Rate Reduction Other Total One- to four-family 12 $ 4 $ — $ 1 $ 5 Home equity 40 1 1 1 3 Total 52 $ 5 $ 1 $ 2 $ 8 Nine Months Ended September 30, 2016 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Other (1) Total One- to four-family 32 $ 8 $ — $ 4 $ 12 Home equity 459 7 3 23 33 Total 491 $ 15 $ 3 $ 27 $ 45 Nine Months Ended September 30, 2015 Interest Rate Reduction Number of Re-age/ Other with Other (1) Total One- to four-family 28 $ 7 $ — $ 2 $ 9 Home equity 293 3 2 17 22 Total 321 $ 10 $ 2 $ 19 $ 31 (1) Includes TDRs that resulted from a loan modification program being offered to a subset of borrowers with HELOCs whose original loan terms provided the borrowers the option to accelerate their date of conversion to amortizing loans. As certain terms of the Company's offer represented economic concessions, such as longer amortization periods than were in the original loan agreements, to certain borrowers experiencing financial difficulty, this program resulted in less than $1 million and $15 million of TDRs during the three and nine months ended September 30, 2016 , respectively, and $14 million of TDRs during the nine months ended September 30, 2015 . The Company considers modifications that become 30 days past due to have experienced a payment default. The following table shows the recorded investment in modifications that experienced a payment default within 12 months after the modification for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Number of Loans Recorded Investment Number of Loans Recorded Investment One- to four-family (1) 1 $ — 2 $ 1 Home equity (2) 19 1 11 1 Total 20 $ 1 13 $ 2 Nine Months Ended September 30, 2016 2015 Number of Loans Recorded Investment Number of Loans Recorded Investment One- to four-family (1) 8 $ 3 4 $ 2 Home equity (2)(3) 49 3 79 4 Total 57 $ 6 83 $ 6 (1) For the three and nine months ended September 30, 2016 , less than $1 million and 1 million , respectively, of the recorded investment in one- to four-family loans had a payment default in the trailing 12 months that was classified as current, compared to less than $1 million for both the three and nine months ended September 30, 2015. (2) For the three and nine months ended September 30, 2016 , $1 million and $2 million , respectively, of the recorded investment in home equity loans had a payment default in the trailing 12 months that was classified as current, compared to less than $1 million and $3 million for the three and nine months ended September 30, 2015 , respectively. (3) The majority of these home equity modifications during the nine months ended September 30, 2015 experienced servicer transfers during this same period.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company enters into derivative transactions primarily to protect against interest rate risk on the value of certain assets, liabilities and future cash flows. Each derivative instrument is recorded on the consolidated balance sheet at fair value as a freestanding asset or liability. The following table summarizes the fair value of derivatives as reported in the consolidated balance sheet at September 30, 2016 and December 31, 2015 (dollars in millions): Fair Value Notional Asset (1) Liability (2) Net (3) September 30, 2016 Interest rate contracts: Fair value hedges $ 2,295 $ 4 $ (131 ) $ (127 ) Total derivatives designated as hedging instruments (4) $ 2,295 $ 4 $ (131 ) $ (127 ) December 31, 2015 Interest rate contracts: Fair value hedges $ 2,204 $ 10 $ (55 ) $ (45 ) Total derivatives designated as hedging instruments (4) $ 2,204 $ 10 $ (55 ) $ (45 ) (1) Reflected in the other assets line item on the consolidated balance sheet. (2) Reflected in the other liabilities line item on the consolidated balance sheet. (3) Represents net fair value of derivative instruments for disclosure purposes only. (4) All derivatives were designated as hedging instruments at September 30, 2016 and December 31, 2015 . Cash Flow Hedges The Company terminated $4.4 billion of legacy wholesale funding obligations during the third quarter of 2015 along with the cash flow hedges used to hedge the forecasted transactions related to these obligations. As the Company's intent changed and the hedged forecasted transactions became probable of not occurring, the Company reclassified $370 million of pre-tax losses on cash flow hedges from accumulated other comprehensive loss into earnings during the three months ended September 30, 2015. See Note 11— Other Borrowings for additional information. Fair Value Hedges Fair value hedges are used to offset exposure to changes in value of certain fixed-rate assets and liabilities. Fair value hedges are accounted for by recording the fair value of the derivative instrument and the fair value of the asset or liability being hedged on the consolidated balance sheet. Changes in the fair value of both the derivative instruments and the underlying assets or liabilities are recognized in the gains (losses) on securities and other, net line item in the consolidated statement of income (loss) . To the extent that the hedge is ineffective, the changes in the fair values will not offset and the difference, or hedge ineffectiveness, is reflected in the gains (losses) on securities and other, net line item in the consolidated statement of income (loss) . Hedge accounting is discontinued for fair value hedges if a derivative instrument is sold, terminated or otherwise de-designated. If fair value hedge accounting is discontinued, the previously hedged item is no longer adjusted for changes in fair value through the consolidated statement of income (loss) and the cumulative net gain or loss on the hedged asset or liability at the time of de-designation is amortized to interest income or interest expense using the effective interest method over the expected remaining life of the hedged item. Changes in the fair value of the derivative instruments after de-designation of fair value hedge accounting are recorded in the gains (losses) on securities and other, net line item in the consolidated statement of income (loss) . The following table summarizes the effect of interest rate contracts designated as fair value hedges and related hedged items on the consolidated statement of income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Agency debentures $ 1 $ (3 ) $ (2 ) $ (30 ) $ 30 $ — Agency mortgage-backed securities 14 (16 ) (2 ) (72 ) 70 (2 ) Total gains (losses) included in earnings $ 15 $ (19 ) $ (4 ) $ (102 ) $ 100 $ (2 ) Nine Months Ended September 30, 2016 2015 Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Agency debentures $ (89 ) $ 85 $ (4 ) $ (15 ) $ 15 $ — Agency mortgage-backed securities (100 ) 96 (4 ) (32 ) 32 — Total gains (losses) included in earnings $ (189 ) $ 181 $ (8 ) $ (47 ) $ 47 $ — (1) Reflected in the gains (losses) on securities and other, net line item on the consolidated statement of income (loss) .

Deposits

Deposits	9 Months Ended
	Sep. 30, 2016
Deposits [Abstract]
DEPOSITS	DEPOSITS Deposits are summarized as follows (dollars in millions): Amount Weighted-Average Rate September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 Sweep deposits $ 26,464 $ 24,018 0.01 % 0.01 % Complete savings deposits 3,182 3,357 0.01 % 0.01 % Checking deposits 1,252 1,239 0.03 % 0.03 % Other money market and savings deposits 765 792 0.01 % 0.01 % Time deposits (1) 34 39 0.18 % 0.38 % Total deposits (2) $ 31,697 $ 29,445 0.01 % 0.01 % (1) Time deposits represent certificates of deposit as of September 30, 2016 and December 31, 2015 , and include brokered certificates of deposit as of December 31, 2015 . (2) As of September 30, 2016 and December 31, 2015 , the Company had $172 million and $173 million in non-interest bearing deposits, respectively.

Other Borrowings

Other Borrowings	9 Months Ended
	Sep. 30, 2016
Other Borrowings Disclosure [Abstract]
OTHER BORROWINGS	OTHER BORROWINGS Other borrowings at September 30, 2016 and December 31, 2015 are summarized as follows (dollars in millions): September 30, 2016 December 31, 2015 Trust preferred securities (1) $ 409 $ 409 Repurchase agreements (2) — 82 Total other borrowings $ 409 $ 491 (1) The Company's TRUPs begin maturing in 2031 . (2) The maximum amount at any month end for repurchase agreements was $3.8 billion for the year ended December 31, 2015 . The Company terminated $4.4 billion of legacy wholesale funding obligations during the third quarter of 2015. In connection with this termination, the Company recorded a pre-tax charge of $413 million in consolidated statement of income (loss) , including $43 million in the losses on early extinguishment of debt, net line item, and $370 million in the gains (losses) on securities and other, net line item that were reclassified from accumulated other comprehensive loss attributable to cash flow hedges. The Company repurchased $14 million of trust preferred securities in advance of maturity during the third quarter of 2015 and recorded a gain on early extinguishment of debt of $4 million . External Lines of Credit maintained at E*TRADE Clearing E*TRADE Clearing's external liquidity lines total approximately $1.1 billion as of September 30, 2016 and include the following: • a 364-day, $400 million senior unsecured committed revolving credit facility with a syndicate of banks that matures in June 2017; • secured committed lines of credit with two unaffiliated banks, aggregating to $175 million with a maturity date of June 2017; • unsecured uncommitted lines of credit with two unaffiliated banks aggregating to $100 million , of which $75 million was renewed and is scheduled to mature in June 2017 and the remaining line has no maturity date; and • secured uncommitted lines of credit with several unaffiliated banks aggregating to $375 million with no maturity date. The revolving credit facility contains maintenance covenants relating to E*TRADE Clearing's minimum consolidated tangible net worth and regulatory net capital ratio. There were no outstanding balances for these lines at September 30, 2016 .

Corporate Debt

Corporate Debt	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
CORPORATE DEBT	CORPORATE DEBT Corporate debt at September 30, 2016 and December 31, 2015 is outlined in the following table (dollars in millions): Face Value Discount Net September 30, 2016 Interest-bearing notes: 5 3 / 8 % Notes, due 2022 $ 540 $ (4 ) $ 536 4 5 / 8 % Notes, due 2023 460 (5 ) 455 Total interest-bearing notes 1,000 (9 ) 991 Non-interest-bearing debt: 0% Convertible debentures, due 2019 3 — 3 Total corporate debt $ 1,003 $ (9 ) $ 994 Face Value Discount Net December 31, 2015 Interest-bearing notes: 5 3 / 8 % Notes, due 2022 $ 540 $ (6 ) $ 534 4 5 / 8 % Notes, due 2023 460 (5 ) 455 Total interest-bearing notes 1,000 (11 ) 989 Non-interest-bearing debt: 0% Convertible debentures, due 2019 8 — 8 Total corporate debt $ 1,008 $ (11 ) $ 997 4 5 /8% Notes In March 2015, the Company issued an aggregate principal amount of $460 million in 4 5 / 8 % Notes due September 2023. Interest is payable semi-annually and the notes may be called by the Company beginning March 15, 2018 at a premium, which declines over time. The Company used the net proceeds from the issuance of the 4 5 / 8 % Notes, along with approximately $432 million of existing corporate cash to redeem all of the outstanding 6 3 / 8 % Notes including paying the associated redemption premiums of $68 million , accrued interest and related fees and expenses. This resulted in $73 million in losses on early extinguishment of debt for the quarter ended March 31, 2015. Credit Facility In November 2014, the Company entered into a $200 million senior secured revolving credit facility and in February of 2015, entered into an amendment to increase commitments thereunder by $50 million . At September 30, 2016 , there was no outstanding balance under the revolving credit facility and available capacity for borrowings was $250 million . The credit facility expires in November 2017. The Company has the ability to borrow against the credit facility for working capital and general corporate purposes. The credit facility contains certain maintenance covenants, including the requirement for the parent company to maintain unrestricted cash of $100 million .

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Expense (Benefit) Income tax expense was $86 million and $208 million for the three and nine months ended September 30, 2016 , respectively, compared to an income tax benefit of $93 million and $245 million for the same periods in 2015 . The effective tax rates were 38% and 33% for the three and nine months ended September 30, 2016 , respectively, compared to 38% and 372% for the same periods in 2015 . The effective tax rate of 33% for the nine months ended September 30, 2016 was primarily driven by the release of valuation allowances on certain state deferred tax assets. Effective January 1, 2016, the Company elected to treat its broker-dealers, E*TRADE Securities and E*TRADE Clearing, as single member LLCs for tax purposes. The election to be treated as single member LLCs and future income projections at the broker-dealers will result in the utilization of certain state deferred tax assets, primarily state NOLs, against which the Company had recorded valuation allowances. Accordingly, the Company recognized a tax benefit of $31 million during the three months ended March 31, 2016. The effective tax rate of 372% for the nine months ended September 30, 2015 , was primarily driven by the settlement of an IRS examination of the Company's 2007, 2009, and 2010 federal tax returns, which resulted in the recognition of a $220 million income tax benefit in the second quarter of 2015. Deferred Taxes and Valuation Allowance Deferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement and tax return purposes. The Company maintains valuation allowances against the portion of deferred tax assets that it does not believe would be realized. The Company’s deferred tax asset, valuation allowance, and deferred tax liability balances at September 30, 2016 and December 31, 2015 are summarized in the following table (dollars in millions): September 30, December 31, 2016 2015 Total deferred tax assets $ 1,266 $ 1,548 Valuation allowance (42 ) (82 ) Total deferred tax assets, net of valuation allowance 1,224 1,466 Total deferred tax liabilities (499 ) (433 ) Deferred tax assets, net $ 725 $ 1,033

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
SHAREHOLDER'S EQUITY	SHAREHOLDERS' EQUITY The following tables present after-tax changes in each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Available-for-Sale Securities (1) Cash Flow Hedging Instruments Foreign Currency Translation Total Balance, December 31, 2015 $ (101 ) $ — $ 2 $ (99 ) Other comprehensive income before reclassifications 94 — — 94 Amounts reclassified from accumulated other comprehensive loss (9 ) — — (9 ) Net change 85 — — 85 Balance, March 31, 2016 $ (16 ) $ — $ 2 $ (14 ) Other comprehensive income before reclassifications 69 — — 69 Amounts reclassified from accumulated other comprehensive income (9 ) — — (9 ) Net change 60 — — 60 Balance, June 30, 2016 $ 44 $ — $ 2 $ 46 Other comprehensive income before reclassifications 3 — — 3 Amounts reclassified from accumulated other comprehensive income (10 ) — — (10 ) Net change (7 ) — — (7 ) Balance, September 30, 2016 $ 37 $ — $ 2 $ 39 (1) Includes unamortized unrealized losses of approximately $8 million at September 30, 2016, related to available-for-sale securities that were transferred to held-to-maturity during the three months ended June 30, 2016. See Note 7—Available-for-Sale and Held-to-Maturity Securities for additional information. Available-for-Sale Securities Cash Flow Hedging Instruments Foreign Currency Translation Total Balance, December 31, 2014 $ 7 $ (261 ) $ 5 $ (249 ) Other comprehensive income (loss) before reclassifications 39 (11 ) — 28 Amounts reclassified from accumulated other comprehensive loss (6 ) 16 — 10 Net change 33 5 — 38 Balance, March 31, 2015 $ 40 $ (256 ) $ 5 $ (211 ) Other comprehensive income (loss) before reclassifications (59 ) 6 — (53 ) Amounts reclassified from accumulated other comprehensive loss (5 ) 16 — 11 Net change (64 ) 22 — (42 ) Balance, June 30, 2015 $ (24 ) $ (234 ) $ 5 $ (253 ) Other comprehensive income (loss) before reclassifications 17 (5 ) — 12 Amounts reclassified from accumulated other comprehensive loss (7 ) 239 — 232 Net change 10 234 — 244 Balance, September 30, 2015 $ (14 ) $ — $ 5 $ (9 ) The following tables present other comprehensive income (loss) activity and the related tax effect for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Before Tax Tax Effect After Tax Before Tax Tax Effect After Tax Available-for-sale securities: Unrealized gains, net $ 5 $ (2 ) $ 3 $ 28 $ (11 ) $ 17 Reclassification into earnings, net (17 ) 7 (10 ) (11 ) 4 (7 ) Net change from available-for-sale securities (12 ) 5 (7 ) 17 (7 ) 10 Cash flow hedging instruments: Unrealized losses, net — — — (8 ) 3 (5 ) Reclassification into earnings, net — — — 387 (148 ) 239 Net change from cash flow hedging instruments — — — 379 (145 ) 234 Other comprehensive income (loss) $ (12 ) $ 5 $ (7 ) $ 396 $ (152 ) $ 244 Nine Months Ended September 30, 2016 2015 Before Tax Tax Effect After Tax Before Tax Tax Effect After Tax Available-for-sale securities: Unrealized gains (losses), net $ 269 $ (103 ) $ 166 $ (5 ) $ 2 $ (3 ) Reclassification into earnings, net (46 ) 18 (28 ) (29 ) 11 (18 ) Net change from available-for-sale securities 223 (85 ) 138 (34 ) 13 (21 ) Cash flow hedging instruments: Unrealized losses, net — — — (17 ) 7 (10 ) Reclassification into earnings, net — — — 439 (168 ) 271 Net change from cash flow hedging instruments — — — 422 (161 ) 261 Other comprehensive income $ 223 $ (85 ) $ 138 $ 388 $ (148 ) $ 240 The following table presents the consolidated statement of income (loss) line items impacted by reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Accumulated Other Comprehensive Income (Loss) Components Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Items in the Consolidated Statement of Income (Loss) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Available-for-sale securities: $ 17 $ 11 $ 46 $ 29 Gains (losses) on securities and other, net (7 ) (4 ) (18 ) (11 ) Tax expense $ 10 $ 7 $ 28 $ 18 Reclassification into earnings, net Cash flow hedging instruments: $ — $ (370 ) $ — $ (370 ) Gains (losses) on securities and other, net — (17 ) — (69 ) Interest expense — (387 ) — (439 ) Reclassification into earnings, before tax — 148 — 168 Tax benefit $ — $ (239 ) $ — $ (271 ) Reclassification into earnings, net The Company terminated $4.4 billion of legacy wholesale funding obligations during the third quarter of 2015. In connection with this termination, the Company recorded a pre-tax charge of $413 million in the consolidated statement of income (loss) , including $43 million in the losses on early extinguishment of debt, net line item, and $370 million in the gains (losses) on securities and other, net line item that were reclassified from accumulated other comprehensive loss attributable to cash flow hedges. Conversions of Convertible Debentures During the nine months ended September 30, 2016 and 2015 , $5 million and $4 million of the Company’s convertible debentures were converted into 0.5 million and 0.3 million shares of common stock, respectively. Issuance of Preferred Stock On August 25, 2016, the Company issued 400,000 shares of Series A fixed-to-floating rate non-cumulative perpetual preferred stock for gross proceeds of $400 million . Net proceeds, after issuance cost, were approximately $394 million . The shares have a par value of $0.01 and a liquidation preference of $1,000 per share. Dividends are non-cumulative and are payable semi-annually at a rate of 5.875% from the original issue date to, but excluding, September 15, 2026. Dividends thereafter are payable at a floating rate equal to the three-month U.S. dollar LIBOR on the related dividend determination date plus 4.435%. As no preferred stock dividends were declared during the three months ended September 30, 2016, the Company has not presented net income available to common shareholders on the consolidated statement of income (loss). The Company used the proceeds of the issuance, along with existing corporate cash, to fund the acquisition of OptionsHouse. See Note 2—Business Acquisition for additional information. Share Repurchases On November 19, 2015, the Company announced that its Board of Directors authorized the repurchase of up to $800 million of shares of the Company's common stock through March 31, 2017. During the six months ended June 30, 2016, the Company repurchased a total of $452 million , or 19.0 million shares, of common stock under this program which brings total repurchases to $502 million , or 20.6 million shares, since inception. As of September 30, 2016 , $298 million remained available for additional repurchases. The Company accounts for share repurchases retired after repurchase by allocating the excess repurchase price over par to additional paid-in-capital. Due to the OptionsHouse acquisition, the Company did not repurchase shares during the third quarter of 2016. The Company will continue to assess the best use of corporate cash and anticipates resuming share repurchases in the second half of 2017.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	EARNINGS (LOSS) PER SHARE The following table presents a reconciliation of basic and diluted earnings (loss) per share (in millions, except share data and per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Basic: Net income (loss) $ 139 $ (153 ) $ 425 $ 179 Basic weighted-average shares outstanding (in thousands) 274,362 290,480 278,864 290,105 Basic earnings (loss) per share $ 0.51 $ (0.53 ) $ 1.53 $ 0.62 Diluted: Net income (loss) $ 139 $ (153 ) $ 425 $ 179 Basic weighted-average shares outstanding (in thousands) 274,362 290,480 278,864 290,105 Effect of dilutive securities: Weighted-average convertible debentures (in thousands) 318 — 411 3,517 Weighted-average options and restricted stock issued to employees (in thousands) 792 — 861 1,376 Diluted weighted-average shares outstanding (in thousands) 275,472 290,480 280,136 294,998 Diluted earnings (loss) per share $ 0.51 $ (0.53 ) $ 1.52 $ 0.61 The Company excluded the following shares from the calculation of diluted earnings (loss) per share as the effect would have been anti-dilutive (shares in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Weighted-average shares excluded as a result of the Company's net loss: Convertible debentures — 3.3 — — Stock options and restricted stock awards and units — 1.3 — — Stock options and restricted stock awards and units 0.2 0.1 0.1 0.1 Total 0.2 4.7 0.1 0.1

Regulatory Requirements

Regulatory Requirements	9 Months Ended
	Sep. 30, 2016
Regulatory Capital Requirements [Abstract]
REGULATORY REQUIREMENTS	REGULATORY REQUIREMENTS Broker-Dealer Capital Requirements The Company’s U.S. broker-dealer subsidiaries are subject to the Uniform Net Capital Rule (the "Rule") under the Securities Exchange Act of 1934 administered by the SEC and FINRA, which requires the maintenance of minimum net capital. The minimum net capital requirements can be met under either the Aggregate Indebtedness method or the Alternative method. Under the Aggregate Indebtedness method, a broker-dealer is required to maintain minimum net capital of the greater of 6 2 / 3 % of its aggregate indebtedness, as defined, or a minimum dollar amount. Under the Alternative method, a broker-dealer is required to maintain net capital equal to the greater of $250,000 or 2% of aggregate debit balances arising from customer transactions. The method used depends on the individual U.S. broker-dealer subsidiary. The Company’s U.S. broker-dealer subsidiaries are also subject to Commodity Futures Trading Commission (“CFTC”) regulations (“Reg. 1.17”) under the Commodity Exchange Act, which require the maintenance of minimum net capital equal to the greater of net capital requirement under Reg. 1.17 or the sum of 8% of the total risk margin requirements for all positions carried in client accounts and 8% of the total risk margin requirements for all positions carried in non-client accounts, as defined in Reg. 1.17. The Company’s international broker-dealer subsidiary is subject to capital requirements determined by its respective regulator. At September 30, 2016 and December 31, 2015 , all of the Company’s broker-dealer subsidiaries met minimum net capital requirements. The tables below summarize the minimum capital requirements and excess capital for the Company’s broker-dealer subsidiaries at September 30, 2016 and December 31, 2015 (dollars in millions): Required Net Capital Net Capital Excess Net Capital September 30, 2016: E*TRADE Clearing (1)(2) $ 151 $ 884 $ 733 E*TRADE Securities (1)(3) 1 75 74 OptionsHouse (4) 1 15 14 Other broker-dealer — 17 17 Total $ 153 $ 991 $ 838 December 31, 2015: E*TRADE Clearing (1) $ 161 $ 1,007 $ 846 E*TRADE Securities (1) — 49 49 Other broker-dealers 1 15 14 Total $ 162 $ 1,071 $ 909 (1) Elected to use the Alternative method to compute net capital. E*TRADE Securities' minimum net capital requirement was $250,000 as of December 31, 2015 and $1 million as of September 30, 2016 as a result of its registration as a Futures Commission Merchant during the three months ended September 30, 2016. (2) E*TRADE Clearing paid dividends of $227 million to the parent company during the nine months ended September 30, 2016 . Effective October 1, 2016, E*TRADE Clearing was merged into E*TRADE Securities. (3) E*TRADE Securities paid dividends of $108 million to the parent company during the nine months ended September 30, 2016 . (4) The Company completed the acquisition of OptionsHouse on September 12, 2016. OptionsHouse elected to use the Aggregate Indebtedness method to compute net capital; however, as OptionsHouse is an FCM, the prescribed fixed-dollar minimum capital requirement is $1 million . Bank Capital Requirements E*TRADE Financial and E*TRADE Bank are subject to various regulatory capital requirements administered by federal banking agencies. Beginning January 1, 2015, both E*TRADE Financial and E*TRADE Bank calculate regulatory capital under the Basel III framework using the Standardized Approach, subject to transition provisions. Failure to meet minimum capital requirements can trigger certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on E*TRADE Financial’s and E*TRADE Bank’s financial condition and results of operations. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, E*TRADE Financial and E*TRADE Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. In addition, E*TRADE Bank may not pay dividends to the parent company without the non-objection, or in certain cases the approval, of its regulators, and any loans by E*TRADE Bank to the parent company and its other non-bank subsidiaries are subject to various quantitative, arm’s length, collateralization and other requirements. E*TRADE Financial’s and E*TRADE Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require E*TRADE Financial and E*TRADE Bank to meet minimum Common equity Tier 1 capital, Tier 1 risk-based capital, Total risk-based capital, and Tier 1 leverage ratios. Events beyond management's control, such as deterioration in credit markets, could adversely affect future earnings and E*TRADE Financial’s and E*TRADE Bank’s ability to meet future capital requirements. E*TRADE Financial and E*TRADE Bank were categorized as "well capitalized" under the regulatory framework for prompt corrective action for the periods presented in the table below (dollars in millions): September 30, 2016 December 31, 2015 Actual Well Capitalized Minimum Capital Excess Capital Actual Well Capitalized Minimum Capital Excess Capital Amount Ratio Amount Ratio Amount Amount Ratio Amount Ratio Amount E*TRADE Financial (1) Tier 1 leverage $ 3,396 7.3 % $ 2,318 5.0 % $ 1,078 $ 3,747 9.0 % $ 2,093 5.0 % $ 1,654 Common equity Tier 1 capital $ 3,286 34.0 % $ 629 6.5 % $ 2,657 $ 3,747 39.3 % $ 620 6.5 % $ 3,127 Tier 1 risk-based capital $ 3,396 35.1 % $ 774 8.0 % $ 2,622 $ 3,747 39.3 % $ 763 8.0 % $ 2,984 Total risk-based capital $ 3,938 40.7 % $ 968 10.0 % $ 2,970 $ 4,186 43.9 % $ 954 10.0 % $ 3,232 September 30, 2016 December 31, 2015 Actual Well Capitalized Minimum Capital Excess Capital Actual Well Capitalized Minimum Capital Excess Capital Amount Ratio Amount Ratio Amount Amount Ratio Amount Ratio Amount E*TRADE Bank (1)(2) Tier 1 leverage $ 3,069 8.5 % $ 1,806 5.0 % $ 1,263 $ 3,075 9.7 % $ 1,579 5.0 % $ 1,496 Common equity Tier 1 capital $ 3,069 36.7 % $ 544 6.5 % $ 2,525 $ 3,075 36.5 % $ 548 6.5 % $ 2,527 Tier 1 risk-based capital $ 3,069 36.7 % $ 669 8.0 % $ 2,400 $ 3,075 36.5 % $ 674 8.0 % $ 2,401 Total risk-based capital $ 3,176 38.0 % $ 837 10.0 % $ 2,339 $ 3,185 37.8 % $ 842 10.0 % $ 2,343 (1) The Basel III final rule introduces a capital conservation buffer that limits a banking organization’s ability to make capital distributions and discretionary bonus payments to executive officers if a banking organization fails to maintain a Common Equity Tier 1 capital conservation buffer of more than 2.5% , on a fully phased-in basis, of total risk-weighted assets above each of the following minimum risk-based capital ratio requirements: Common Equity Tier 1 ( 4.5% ), Tier 1 ( 6.0% ), and total risk-based capital ( 8.0% ). This requirement was effective beginning on January 1, 2016, and will be fully phased-in by 2019. Certain new regulatory deductions and adjustments are subject to a phase-in period over a four year period, beginning at 40% in 2015 and fully implemented at 100% in 2018. (2) E*TRADE Bank paid dividends of $373 million to the parent company during the nine months ended September 30, 2016 .

Commitments, Contingencies and

Commitments, Contingencies and Other Regulatory Matters	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, CONTINGENCIES AND OTHER REGULATORY MATTERS	COMMITMENTS, CONTINGENCIES AND OTHER REGULATORY MATTERS Legal Matters The Company reviews its lawsuits, regulatory inquiries and other legal proceedings on an ongoing basis and provides disclosure and records loss contingencies in accordance with the loss contingencies accounting guidance. The Company establishes an accrual for losses at management's best estimate when it assesses that it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. The estimated liability is revised based on currently available information. Litigation Matters On October 27, 2000, Ajaxo, Inc. ("Ajaxo") filed a complaint in the Superior Court for the State of California, County of Santa Clara. Ajaxo sought damages and certain non-monetary relief for the Company’s alleged breach of a non-disclosure agreement with Ajaxo pertaining to certain wireless technology that Ajaxo offered the Company as well as damages and other relief against the Company for their alleged misappropriation of Ajaxo’s trade secrets. Following a jury trial, a judgment was entered in 2003 in favor of Ajaxo against the Company for $1 million for breach of the Ajaxo non-disclosure agreement. Although the jury found in favor of Ajaxo on its claim against the Company for misappropriation of trade secrets, the trial court subsequently denied Ajaxo’s requests for additional damages and relief. On December 21, 2005, the California Court of Appeal affirmed the above-described award against the Company for breach of the nondisclosure agreement but remanded the case to the trial court for the limited purpose of determining what, if any, additional damages Ajaxo may be entitled to as a result of the jury’s previous finding in favor of Ajaxo on its claim against the Company for misappropriation of trade secrets. Although the Company paid Ajaxo the full amount due on the above-described judgment, the case was remanded back to the trial court, and on May 30, 2008, a jury returned a verdict in favor of the Company denying all claims raised and demands for damages against the Company. Following the trial court’s entry of judgment in favor of the Company on September 5, 2008, Ajaxo filed post-trial motions for vacating this entry of judgment and requesting a new trial. The trial court denied these motions. On December 2, 2008, Ajaxo filed a notice of appeal with the Court of Appeal of the State of California for the Sixth District. On August 30, 2010, the Court of Appeal affirmed the trial court’s verdict in part and reversed the verdict in part, remanding the case. The Company petitioned the Supreme Court of California for review of the Court of Appeal decision. On December 16, 2010, the California Supreme Court denied the Company’s petition for review and remanded for further proceedings to the trial court. The testimonial phase of the third trial in this matter concluded on June 12, 2012. By order dated May 28, 2014, the Court determined to conduct a second phase of this bench trial to allow Ajaxo to attempt to prove entitlement to additional royalties. Hearings in phase two of the trial concluded January 8, 2015. In a Judgment and Statement of Decision filed September 16, 2015, the Court denied all claims for royalties by Ajaxo. Ajaxo’s post-trial motions were denied. Ajaxo has appealed to the Court of Appeal, Sixth District. There is no briefing schedule on this appeal. The Company will continue to defend itself vigorously. On May 16, 2011, Droplets Inc., the holder of two patents pertaining to user interface servers, filed a complaint in the U.S. District Court for the Eastern District of Texas against E*TRADE Financial Corporation, E*TRADE Securities, E*TRADE Bank and multiple other unaffiliated financial services firms. Plaintiff contends that the defendants engaged in patent infringement under federal law. Plaintiff seeks unspecified damages and an injunction against future infringements, plus royalties, costs, interest and attorneys’ fees. On March 28, 2012, a change of venue was granted and the case was transferred to the United States District Court for the Southern District of New York. The Company's motion for summary judgment on the grounds of non-infringement was granted by the U.S. District Court in a Decision and Order dated March 9, 2015. All remaining claims are stayed pending resolution of issues on Droplet's remaining patents under review by the Patent Trial and Appeal Board ("PTAB"). On July 6, 2015, the PTAB instituted an inter partes review of plaintiff's '115 patent. A hearing on the inter partes review was conducted on March 14, 2016. On June 23, 2016, the PTAB deemed Droplets’ putative '115 patent to be “unpatentable.” In a separate proceeding, the PTAB has also separately deemed Droplets’ putative '838 patent to be “unpatentable.” Droplets has appealed to the Circuit Court of Appeals for the District of Columbia. The Company will continue to defend itself vigorously in this matter. Several cases have been filed nationwide involving the April 2007 leveraged buyout ("LBO") of the Tribune Company ("Tribune") by Sam Zell, and the subsequent bankruptcy of Tribune. In William Niese et al. v. A.G. Edwards et al., in Superior Court of Delaware, New Castle County, former Tribune employees and retirees claimed that Tribune was actually insolvent at the time of the LBO and that the LBO constituted a fraudulent transaction that depleted the plaintiffs’ retirement plans, rendering them worthless. E*TRADE Clearing, along with numerous other financial institutions, is a named defendant in this case. One of the defendants removed the action to federal district court in Delaware on July 1, 2011. In Deutsche Bank Trust Company Americas et al. v. Adaly Opportunity Fund et al., filed in the Supreme Court of New York, New York County on June 3, 2011, the Trustees of certain notes issued by Tribune allege wrongdoing in connection with the LBO. In particular the Trustees claim that the LBO constituted a constructive fraudulent transfer under various state laws. G1 Execution Services, LLC (formerly known as E*TRADE Capital Markets, LLC), along with numerous other financial institutions, is a named defendant in this case. In Deutsche Bank et al. v. Ohlson et al., filed in the U.S. District Court for the Northern District of Illinois, noteholders of Tribune asserted claims of constructive fraud and G1 Execution Services, LLC is a named defendant in this case. Under the agreement governing the sale of G1 Execution Services, LLC to Susquehanna International Group, LLP, the Company remains responsible for any resulting actions taken against G1 Execution Services, LLC as a result of such investigation. In EGI-TRB LLC et al. v. ABN-AMRO et al., filed in the Circuit Court of Cook County Illinois, creditors of Tribune assert fraudulent conveyance claims against multiple shareholder defendants and E*TRADE Clearing is a named defendant in this case. These cases have been consolidated into a multi-district litigation. The Company’s time to answer or otherwise respond to the complaints has been stayed pending further orders of the Court. On September 18, 2013, the Court entered the Fifth Amended Complaint. On September 23, 2013, the Court granted the defendants’ motion to dismiss the individual creditors’ complaint. The individual creditors filed a notice of appeal. The steering committees for plaintiffs and defendants have submitted a joint plan for the next phase of litigation. The next phase of the action will involve individual motions to dismiss. On April 22, 2014, the Court issued its protocols for dismissal motions for those defendants who were "mere conduits" who facilitated the transactions at issue. The motion to dismiss Count I of the Fifth Amended Complaint for failure to state a cause of action was fully briefed on July 2, 2014, and the parties await decision on that motion. The Litigation Trustee for the Plaintiffs dismissed all claims against E*TRADE Clearing pursuant to a Stipulation confirmed by the Court on June 7, 2016. The only E*TRADE entity remaining in the case is the E*TRADE S&P 500 Fund. The claims against the E*TRADE S&P 500 Fund are not material in amount. Nevertheless, the Company will continue to defend itself vigorously in these matters. On April 30, 2013, a putative class action was filed by John Scranton, on behalf of himself and a class of persons similarly situated, against E*TRADE Financial Corporation and E*TRADE Securities in the Superior Court of California, County of Santa Clara, pursuant to the California procedures for a private Attorney General action. The complaint alleged that the Company misrepresented through its website that it would always automatically exercise options that were in-the-money by $0.01 or more on expiration date. Plaintiffs allege violations of the California Unfair Competition Law, the California Consumer Remedies Act, fraud, misrepresentation, negligent misrepresentation and breach of fiduciary duty. The case has been deemed complex within the meaning of the California Rules of Court, and a case management conference was held on September 13, 2013. The Company’s demurrer and motion to strike the complaint were granted by order dated December 20, 2013. The Court granted leave to amend the complaint. A second amended complaint was filed on January 31, 2014. On March 11, 2014, the Company moved to strike and for a demurrer to the second amended complaint. On October 20, 2014, the Court sustained the Company's demurrer, dismissing four counts of the second amended complaint with prejudice and two counts without prejudice. The plaintiffs filed a third amended complaint on November 10, 2014. The Company filed a third demurrer and motion to strike on December 12, 2014. By order dated March 18, 2015, the Superior Court entered a final order sustaining the Company's demurrer on all remaining claims with prejudice. Final judgment was entered in the Company's favor on April 8, 2015. Plaintiff filed a Notice of Appeal April 27, 2015. Briefing is scheduled to continue through 2016. The Company will continue to defend itself vigorously in this matter. On March 26, 2015, a putative class action was filed in the U.S. District Court for the Northern District of California by Ty Rayner, on behalf of himself and all others similarly situated, naming E*TRADE Financial Corporation and E*TRADE Securities as defendants. The complaint alleges that E*TRADE breached a fiduciary duty and unjustly enriched itself in connection with the routing of its customers’ orders to various market-makers and exchanges. Plaintiff seeks unspecified damages, declaratory relief, restitution, disgorgement of payments received by the Company, and attorneys’ fees. By stipulation, the parties have agreed to extend indefinitely the due date for a response to the claim. On July 23, 2016, a putative class action was filed in the U.S. District Court for the Southern District of New York by Craig L. Schwab, on behalf of himself and others similarly situated, naming E*TRADE Financial Corporation, E*TRADE Securities LLC, and former Company executives as defendants. The complaint alleges that E*TRADE violated federal securities laws in connection with the routing of its customers’ orders to various market-makers and exchanges. Plaintiff seeks unspecified damages, declaratory relief, restitution, disgorgement of payments received by the Company, and attorneys’ fees. By stipulation, the Rayner case has been consolidated with the Schwab case and both matters are now venued in the Southern District of New York. The Company will continue to defend itself vigorously in these matters. In addition to the matters described above, the Company is subject to various legal proceedings and claims that arise in the normal course of business. In each pending matter, the Company contests liability or the amount of claimed damages. In view of the inherent difficulty of predicting the outcome of such matters, particularly in cases where claimants seek substantial or indeterminate damages, or where investigation or discovery have yet to be completed, the Company is unable to estimate a range of reasonably possible losses on its remaining outstanding legal proceedings; however, the Company believes any losses, both individually or in the aggregate, would not be reasonably likely to have a material adverse effect on the consolidated financial condition or results of operations of the Company. An unfavorable outcome in any matter could have a material adverse effect on the Company’s business, financial condition, results of operations or cash flows. In addition, even if the ultimate outcomes are resolved in the Company’s favor, the defense of such litigation could entail considerable cost or the diversion of the efforts of management, either of which could have a material adverse effect on the Company’s business, financial condition, results of operations or cash flows. Regulatory Matters The securities, futures, foreign currency and banking industries are subject to extensive regulation under federal, state and applicable international laws. From time to time, the Company has been threatened with or named as a defendant in lawsuits, arbitrations and administrative claims involving securities, banking and other matters. The Company is also subject to periodic regulatory examinations and inspections. Compliance and trading problems that are reported to regulators, such as the SEC, Federal Reserve Bank of Richmond, FINRA, CFTC, NFA or OCC by dissatisfied customers or others are investigated by such regulators, and may, if pursued, result in formal claims being filed against the Company by customers or disciplinary action being taken against the Company or its employees by regulators. Any such claims or disciplinary actions that are decided against the Company could have a material impact on the financial results of the Company or any of its subsidiaries. During 2012, the Company completed a review of order handling practices and pricing for order flow between E*TRADE Securities and G1 Execution Services, LLC. The Company implemented changes to its practices and procedures that were recommended during the review. Banking regulators and federal securities regulators were regularly updated during the course of the review. Subsequently, on July 11, 2013, FINRA notified E*TRADE Securities and G1 Execution Services, LLC that it was conducting an examination of both firms’ order handling practices. On March 19, 2015, the Company received a Wells notice from FINRA's Market Regulation Department relating to the adequacy of E*TRADE Securities' order-routing disclosures and supervisory process for reviewing execution quality during the period covered by the Company's 2012 internal review (July 2011 - June 2012). The Company cooperated fully with FINRA in the examination. In June 2016, E*TRADE Securities entered into a settlement with FINRA whereby it agreed to a censure and paid a $900,000 fine. Insurance The Company maintains insurance coverage that management believes is reasonable and prudent. The principal insurance coverage it maintains covers commercial general liability; property damage; hardware/software damage; cyber liability; directors and officers; employment practices liability; certain criminal acts against the Company; and errors and omissions. The Company believes that such insurance coverage is adequate for the purpose of its business. The Company’s ability to maintain this level of insurance coverage in the future, however, is subject to the availability of affordable insurance in the marketplace. Commitments In the normal course of business, the Company makes various commitments to extend credit and incur contingent liabilities that are not reflected in the consolidated balance sheet. Significant changes in the economy or interest rates may influence the impact that these commitments and contingencies have on the Company in the future. The Company’s equity method, cost method and other investments are generally limited liability investments in partnerships, companies and other similar entities, including tax credit partnerships and community development entities, which are not required to be consolidated. The Company had $51 million in unfunded commitments with respect to these investments at September 30, 2016 . At September 30, 2016 , the Company had approximately $24 million of certificates of deposit scheduled to mature in less than one year and approximately $32 million of unfunded commitments to extend credit. Guarantees In prior periods when the Company sold loans, the Company provided guarantees to investors purchasing mortgage loans, which are considered standard representations and warranties within the mortgage industry. The primary guarantees are that: the mortgage and the mortgage note have been duly executed and each is the legal, valid and binding obligation of the Company, enforceable in accordance with its terms; the mortgage has been duly acknowledged and recorded and is valid; and the mortgage and the mortgage note are not subject to any right of rescission, set-off, counterclaim or defense, including, without limitation, the defense of usury, and no such right of rescission, set-off, counterclaim or defense has been asserted with respect thereto. The Company is responsible for the guarantees on loans sold. If these claims prove to be untrue, the investor can require the Company to repurchase the loan and return all loan purchase and servicing release premiums. Management does not believe the potential liability exposure will have a material impact on the Company’s results of operations, cash flows or financial condition due to the nature of the standard representations and warranties, which have resulted in a minimal amount of loan repurchases. Prior to 2008, ETBH raised capital through the formation of trusts, which sold TRUPs in the capital markets. The capital securities must be redeemed in whole at the due date, which is generally 30 years after issuance. Each trust issued TRUPs at par, with a liquidation amount of $1,000 per capital security. The trusts used the proceeds from the sale of issuances to purchase subordinated debentures issued by ETBH. During the 30 -year period prior to the redemption of the TRUPs, ETBH guarantees the accrued and unpaid distributions on these securities, as well as the redemption price of the securities and certain costs that may be incurred in liquidating, terminating or dissolving the trusts (all of which would otherwise be payable by the trusts). At September 30, 2016 , management estimated that the maximum potential liability under this arrangement, including the current carrying value of the trusts, was equal to approximately $418 million or the total face value of these securities plus accrued interest payable, which may be unpaid at the termination of the trust arrangement.

Organization, Basis of Presen25

Organization, Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization (policy)	Organization —E*TRADE Financial Corporation is a financial services company that provides brokerage and related products and services primarily to individual retail investors under the brand "E*TRADE Financial." The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors.
Basis of Presentation (policy)	Basis of Presentation —The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries as determined under the voting interest model. Entities in which the Company has the ability to exercise significant influence but in which the Company does not possess control are generally accounted for by the equity method. Entities in which the Company does not have the ability to exercise significant influence are generally carried at cost. However, investments in marketable equity securities where the Company does not have the ability to exercise significant influence over the entities are accounted for as available-for-sale equity securities. The Company also evaluates its initial and continuing involvement with certain entities to determine if the Company is required to consolidate the entities under the variable interest entity ("VIE") model. This evaluation is based on a qualitative assessment of whether the Company is the primary beneficiary of the VIE, which requires the Company to possess both: 1) the power to direct the activities that most significantly impact the economic performance of the VIE; and 2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company's consolidated financial statements are prepared in accordance with GAAP. Intercompany accounts and transactions are eliminated in consolidation. These consolidated financial statements reflect all adjustments, which are all normal and recurring in nature, necessary to present fairly the financial position, results of operations and cash flows for the periods presented. These consolidated financial statements should be read in conjunction with the Annual Report on Form 10-K for the year ended December 31, 2015 . Beginning January 1, 2016, the Company changed its segment reporting structure to align with the manner in which the Chief Operating Decision Maker now reviews business performance and makes resource allocation decisions. As the Chief Operating Decision Maker's business performance assessments and resource allocation decisions are based on consolidated operating margin, the Company no longer has separate operating segments and, accordingly, no longer presents disaggregated segment financial results. The Company also updated the presentation of its consolidated statement of income (loss) to reflect how business performance is now measured and prior periods have been reclassified to conform to the current period presentation as follows: • interest expense related to corporate debt and interest income related to corporate cash reclassified from other income (expense) to net interest income; • losses on early extinguishment of debt, net reclassified from other income (expense) to non-interest expense; and • other income (expense) reclassified from other income (expense) to gains (losses) on securities and other, net.
Use of Estimates (policy)	Use of Estimates —Preparing the Company's consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and related notes for the periods presented. Actual results could differ from management’s estimates. Certain significant accounting policies are critical because they are based on estimates and assumptions that require complex and subjective judgments by management. Changes in these estimates or assumptions could materially impact the Company’s financial condition and results of operations. Material estimates in which management believes changes could reasonably occur include: allowance for loan losses; asset impairment, including goodwill impairment and OTTI; estimates of effective tax rates, deferred taxes and valuation allowance; accounting for derivative instruments; and fair value measurements.
Margin receivables (policy)	Margin Receivables —Margin receivables represent credit extended to customers to finance their purchases of securities by borrowing against securities the customers own. Securities owned by customers are held as collateral for amounts due on the margin receivables, the value of which is not reflected in the consolidated balance sheet. The Company is permitted to sell or re-pledge these securities held as collateral and to use the securities to enter into securities lending transactions, to collateralize borrowings or for delivery to counterparties to cover customer short positions. The fair value of securities that the Company received as collateral in connection with margin receivables and securities borrowing activities, where the Company is permitted to sell or re-pledge the securities, was approximately $9.4 billion and $10.1 billion at September 30, 2016 and December 31, 2015 , respectively. Of this amount, $2.1 billion and $2.5 billion had been pledged or sold in connection with securities loans and deposits with clearing organizations at September 30, 2016 and December 31, 2015 , respectively.
New accounting and disclosure guidance (policy)	New Accounting and Disclosure Guidance —Below is the new accounting and disclosure guidance that relates to activities in which the Company is engaged. Adoption of New Accounting Standards Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern In August 2014, the FASB amended the guidance related to an entity’s evaluations and disclosures of going concern uncertainties. The new guidance requires management to perform interim and annual assessments of the entity’s ability to continue as a going concern within one year of the date the financial statements are issued, and to provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. Consolidation In February 2015, the FASB amended the guidance on consolidation of certain legal entities. The amended guidance modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership, and clarifies how to determine whether a group of equity holders has power over an entity. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016 on a modified retrospective basis. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. Accounting for Customer Fees Paid in a Cloud Computing Arrangement In April 2015, the FASB amended the accounting guidance on customer fees paid in a cloud computing arrangement. The amended guidance requires that internal-use software accessed by a customer in cloud computing arrangements be accounted for as software licenses if specific criteria are met; otherwise they should be accounted for as service contracts. The Company adopted the amended guidance for annual and interim periods beginning on January 1, 2016 on a prospective basis. The adoption of the amended guidance did not impact the Company’s financial condition, results of operations or cash flows. New Accounting Standards Not Yet Adopted Revenue Recognition on Contracts with Customers In May 2014, the FASB amended the guidance on revenue recognition on contracts with customers. The new standard outlines a single comprehensive model for entities to apply in accounting for revenue arising from contracts with customers. The FASB issued supplemental amendments to the new standard to clarify certain accounting guidance and provide narrow scope improvements and practical expedients in the first half of 2016. The amended guidance will be effective for annual and interim periods beginning on January 1, 2018 for the Company and may be applied on either a full retrospective or modified retrospective basis. The Company is currently evaluating the impact of the new accounting guidance and expects to complete this evaluation in 2017; however, the adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Classification and Measurement of Financial Instruments In January 2016, the FASB amended the accounting and disclosure guidance on the classification and measurement of financial instruments. Relevant changes in the amended guidance include the requirement that equity investments, excluding those accounted for under the equity method of accounting or those resulting in consolidation of the investee, be measured at fair value in the consolidated balance sheet with changes in fair value recognized in net income. For disclosure purposes, the Company will no longer be required to disclose the methods and significant assumptions used to estimate fair value for financial instruments measured at amortized cost in the consolidated balance sheet. The amended guidance will be effective for interim and annual periods beginning on January 1, 2018 for the Company and is required to be applied on a modified retrospective basis by means of a cumulative-effect adjustment to the consolidated balance sheet on that date. While the Company is currently evaluating the impact of the new accounting guidance, the adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Accounting for Leases In February 2016, the FASB amended the guidance on accounting for leases. The new standard requires lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by all qualifying leases with terms of more than twelve months. The recognition, measurement and presentation of expenses and cash flows arising from a lease by a lessee remains substantially unchanged and depends on classification as a finance or operating lease. The new standard also requires additional quantitative and qualitative disclosures that provide additional information about the amounts related to leasing arrangements recorded in the financial statements. The new guidance will be effective for interim and annual periods beginning on January 1, 2019 for the Company and is required to be applied on a modified retrospective basis to the earliest period presented, which includes practical expedient options in certain circumstances. The Company is currently evaluating the impact of the new accounting guidance on the Company's financial condition, results of operations and cash flows. Accounting for Employee Share-based Payments In March 2016, the FASB amended the accounting guidance on employee shared-based payments. Relevant changes in the amended guidance include the requirement to recognize all excess tax benefits and deficiencies upon exercise or vesting as income tax expense or benefit in the income statement; to treat excess tax benefits and deficiencies as discrete items in the reporting period they occur; to not delay recognition of excess tax benefits until the tax benefit is realized through a reduction in current taxes payable; and to make an accounting policy election to either estimate forfeitures or account for forfeiture as they occur. The new guidance will be effective for interim and annual periods beginning on January 1, 2017 for the Company and application methods vary based on the amended guidance. Early adoption in interim periods is permitted. The adoption of the amended guidance is not expected to have a material impact on the Company’s financial condition, results of operations or cash flows. Accounting for Credit Losses In June 2016, the FASB amended the accounting guidance on accounting for credit losses. The amended guidance requires measurement of all expected credit losses for financial instruments and other commitments to extend credit held at the reporting date. For financial assets measured at amortized cost, factors such as historical experience, current conditions, and reasonable and supportable forecasts will be used to estimate expected credit losses. The amended guidance will also change the manner in which credit losses are recognized on debt securities classified as available-for-sale. The new guidance will be effective for interim and annual periods beginning January 1, 2020 for the Company. Early adoption is permitted. The Company is currently evaluating the impact of the new accounting guidance on the Company's financial condition, results of operations and cash flows. Classification of Certain Cash Receipts and Cash Payments In August 2016, the FASB amended the guidance on the presentation and classification of certain cash receipts and cash payments in the statement of cash flows to eliminate current diversity in practice. The new guidance will be effective for interim and annual periods beginning January 1, 2018 for the Company and must be applied using a retrospective transition method to each period presented. Early adoption is permitted. The Company is currently evaluating the impact of the new accounting guidance.

Business Acquisition (Tables)

Business Acquisition (Tables)	9 Months Ended
	Sep. 30, 2016
Business Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the provisional allocation of the purchase price to the net assets of OptionsHouse as of September 12, 2016 (dollars in millions): September 12, 2016 Purchase price $ 725 Purchased cash adjustment 26 Working capital adjustment (2 ) Total cash consideration paid $ 749 Fair value of net assets acquired $ 171 Provisional goodwill $ 578
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the provisional fair values of the assets acquired and liabilities assumed as of the acquisition date. The allocation of the purchase price is provisional and subject to further adjustment as information relative to the acquisition date fair value of intangible assets is finalized. We do not expect that any adjustments to the provisional fair value will be material to the Company's consolidated financial statements (dollars in millions): September 12, 2016 Assets Cash and equivalents $ 26 Identifiable intangible assets 169 Property and equipment 6 Other assets 12 Total assets acquired $ 213 Liabilities Deferred tax liabilities, net $ 31 Accrued expenses and other liabilities 11 Total liabilities assumed $ 42 Net assets acquired $ 171
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	The following table summarizes the provisional estimated fair value and estimated useful lives of the intangible assets (dollars in millions): Estimated Fair Value Estimated Useful Life (In Years) Customer relationships $ 118 14 Technology 48 7 Trade name 3 2 Total intangible assets $ 169

Restructuring and Acquisition27

Restructuring and Acquisition-Related Activities (Tables)	9 Months Ended
	Sep. 30, 2016
Restructuring and Acquisition-Related Activities [Abstract]
Restructuring and Related Costs	The following table shows the components of restructuring and acquisition-related activities expense for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Restructuring activities $ 18 $ 2 $ 21 $ 8 Acquisition-related costs 7 — 7 — Total restructuring and acquisition-related activities $ 25 $ 2 $ 28 $ 8

Interest Income and Interest 28

Interest Income and Interest Expense (Tables)	9 Months Ended
	Sep. 30, 2016
Interest Income and Interest Expense Disclosure [Abstract]
Interest Income and Interest Expense Disclosure	The following table shows the components of interest income and interest expense for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Interest income: Cash and equivalents $ 2 $ 1 $ 5 $ 2 Cash required to be segregated under federal or other regulation 2 1 4 1 Available-for-sale securities 66 57 198 189 Held-to-maturity securities 109 85 319 259 Margin receivables 60 70 185 208 Loans 46 58 146 177 Broker-related receivables and other — — 1 2 Subtotal interest income 285 272 858 838 Other interest revenue (1) 24 25 65 85 Total interest income 309 297 923 923 Interest expense: Deposits (1 ) (1 ) (3 ) (4 ) Customer payables (2 ) (2 ) (4 ) (4 ) Other borrowings (2) (4 ) (30 ) (13 ) (112 ) Corporate debt (13 ) (13 ) (40 ) (46 ) Subtotal interest expense (20 ) (46 ) (60 ) (166 ) Other interest expense (3) (2 ) (2 ) (3 ) (6 ) Total interest expense (22 ) (48 ) (63 ) (172 ) Net interest income (4) $ 287 $ 249 $ 860 $ 751 (1) Represents interest income on securities loaned. (2) In September 2015, the Company terminated $4.4 billion of legacy wholesale funding obligations. (3) Represents interest expense on securities borrowed. (4) Beginning in 2016, interest expense related to corporate debt and interest income related to corporate cash are presented within net interest income. Prior periods have been reclassified to conform with current period presentation.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Inputs, Assets, Quantitative Information	The weighted average coupon rates for the available-for-sale mortgage-backed securities at September 30, 2016 are shown in the following table: Weighted Average Coupon Rate Agency mortgage-backed securities 2.83 % Agency CMOs 3.27 % The following table presents additional information about significant unobservable inputs used in the valuation of assets measured at fair value on a nonrecurring basis that were categorized in Level 3 of the fair value hierarchy at September 30, 2016 and December 31, 2015 : Unobservable Inputs Average Range September 30, 2016 Loans receivable: One- to four-family Appraised value $ 440,700 $39,800-$1,954,000 Home equity Appraised value $ 303,700 $6,000-$2,450,000 Real estate owned Appraised value $ 330,300 $17,000-$1,900,000 December 31, 2015 Loans receivable: One- to four-family Appraised value $ 422,900 $8,500-$1,900,000 Home equity Appraised value $ 274,100 $9,000-$1,300,000 Real estate owned Appraised value $ 330,700 $26,500-$1,250,000
Fair Value Measurements, Recurring and Nonrecurring	Assets and liabilities measured at fair value at September 30, 2016 and December 31, 2015 are summarized in the following tables (dollars in millions): Level 1 Level 2 Level 3 Total Fair Value September 30, 2016: Recurring fair value measurements: Assets Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ — $ 12,180 $ — $ 12,180 Agency debentures — 850 — 850 U.S. Treasuries — 311 — 311 Agency debt securities — 81 — 81 Municipal bonds — 34 — 34 Corporate bonds — 4 — 4 Total debt securities — 13,460 — 13,460 Publicly traded equity securities 33 — — 33 Total available-for-sale securities 33 13,460 — 13,493 Other assets: Derivative assets (1) — 4 — 4 Total assets measured at fair value on a recurring basis (2) $ 33 $ 13,464 $ — $ 13,497 Liabilities Derivative liabilities (1) $ — $ 131 $ — $ 131 Total liabilities measured at fair value on a recurring basis (2) $ — $ 131 $ — $ 131 Nonrecurring fair value measurements: Loans receivable: One- to four-family $ — $ — $ 24 $ 24 Home equity — — 19 19 Total loans receivable — — 43 43 Real estate owned — — 28 28 Total assets measured at fair value on a nonrecurring basis (3) $ — $ — $ 71 $ 71 (1) All derivative assets and liabilities were interest rate contracts at September 30, 2016 . Information related to derivative instruments is detailed in Note 9—Derivative Instruments and Hedging Activities . (2) Assets and liabilities measured at fair value on a recurring basis represented 27% and less than 1% of the Company’s total assets and total liabilities, respectively, at September 30, 2016 . (3) Represents the fair value of assets prior to deducting estimated selling costs that were carried on the consolidated balance sheet at September 30, 2016 , and for which a fair value measurement was recorded during the period. Level 1 Level 2 Level 3 Total Fair Value December 31, 2015: Recurring fair value measurements: Assets Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ — $ 11,763 $ — $ 11,763 Agency debentures — 557 — 557 U.S. Treasuries — 143 — 143 Agency debt securities — 55 — 55 Municipal bonds — 35 — 35 Corporate bonds — 4 — 4 Total debt securities — 12,557 — 12,557 Publicly traded equity securities 32 — — 32 Total available-for-sale securities 32 12,557 — 12,589 Other assets: Derivative assets (1) — 10 — 10 Total assets measured at fair value on a recurring basis (2) $ 32 $ 12,567 $ — $ 12,599 Liabilities Derivative liabilities (1) $ — $ 55 $ — $ 55 Total liabilities measured at fair value on a recurring basis (2) $ — $ 55 $ — $ 55 Nonrecurring fair value measurements: Loans receivable: One- to four-family $ — $ — $ 41 $ 41 Home equity — — 22 22 Total loans receivable — — 63 63 Real estate owned — — 26 26 Total assets measured at fair value on a nonrecurring basis (3) $ — $ — $ 89 $ 89 (1) All derivative assets and liabilities were interest rate contracts at December 31, 2015 . Information related to derivative instruments is detailed in Note 9—Derivative Instruments and Hedging Activities . (2) Assets and liabilities measured at fair value on a recurring basis represented 28% and less than 1% of the Company’s total assets and total liabilities, respectively, at December 31, 2015 . (3) Represents the fair value of assets prior to deducting estimated selling costs that were carried on the consolidated balance sheet at December 31, 2015 , and for which a fair value measurement was recorded during the period.
Gains and Losses, Fair Value Measurements, Nonrecurring	The following table presents losses recognized on assets measured at fair value on a nonrecurring basis during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 1 $ 1 $ 3 $ 6 Home equity 2 4 9 12 Total losses on loans receivable measured at fair value $ 3 $ 5 $ 12 $ 18 Losses (gains) on real estate owned measured at fair value $ (1 ) $ — $ — $ 1
Fair Value, by Balance Sheet Grouping	The following table summarizes the carrying values, fair values and fair value hierarchy level classification of financial instruments that are not carried at fair value on the consolidated balance sheet at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 Carrying Value Level 1 Level 2 Level 3 Total Fair Value Assets Cash and equivalents $ 1,467 $ 1,467 $ — $ — $ 1,467 Cash required to be segregated under federal or other regulations $ 2,159 $ 2,159 $ — $ — $ 2,159 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 13,176 $ — $ 13,564 $ — $ 13,564 Agency debentures 119 — 120 — 120 Agency debt securities 2,894 — 2,986 — 2,986 Total held-to-maturity securities $ 16,189 $ — $ 16,670 $ — $ 16,670 Margin receivables $ 6,552 $ — $ 6,552 $ — $ 6,552 Loans receivable, net: One- to four-family $ 2,061 $ — $ — $ 2,061 $ 2,061 Home equity 1,503 — — 1,446 1,446 Consumer 268 — — 273 273 Total loans receivable, net (1) $ 3,832 $ — $ — $ 3,780 $ 3,780 Receivables from brokers, dealers and clearing organizations $ 1,118 $ — $ 1,118 $ — $ 1,118 Liabilities Deposits $ 31,697 $ — $ 31,697 $ — $ 31,697 Customer payables $ 7,827 $ — $ 7,827 $ — $ 7,827 Payables to brokers, dealers and clearing organizations $ 1,227 $ — $ 1,227 $ — $ 1,227 Trust preferred securities $ 409 $ — $ — $ 285 $ 285 Corporate debt $ 994 $ — $ 1,068 $ — $ 1,068 (1) The carrying value of loans receivable, net includes the allowance for loan losses of $235 million and loans that are recorded at fair value on a nonrecurring basis at September 30, 2016 . December 31, 2015 Carrying Value Level 1 Level 2 Level 3 Total Fair Value Assets Cash and equivalents $ 2,233 $ 2,233 $ — $ — $ 2,233 Cash required to be segregated under federal or other regulations $ 1,057 $ 1,057 $ — $ — $ 1,057 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 10,353 $ — $ 10,444 $ — $ 10,444 Agency debentures 127 — 125 — 125 Agency debt securities 2,523 — 2,544 — 2,544 Other non-agency debt securities 10 — — 10 10 Total held-to-maturity securities $ 13,013 $ — $ 13,113 $ 10 $ 13,123 Margin receivables $ 7,398 $ — $ 7,398 $ — $ 7,398 Loans receivable, net: One- to four-family $ 2,465 $ — $ — $ 2,409 $ 2,409 Home equity 1,810 — — 1,660 1,660 Consumer 338 — — 343 343 Total loans receivable, net (1) $ 4,613 $ — $ — $ 4,412 $ 4,412 Receivables from brokers, dealers and clearing organizations $ 520 $ — $ 520 $ — $ 520 Liabilities Deposits $ 29,445 $ — $ 29,444 $ — $ 29,444 Customer Payables $ 6,544 $ — $ 6,544 $ — $ 6,544 Payables to brokers, dealers and clearing organizations $ 1,576 $ — $ 1,576 $ — $ 1,576 Other borrowings: Securities sold under agreements to repurchase $ 82 $ — $ 82 $ — $ 82 Trust preferred securities 409 — — 252 252 Total other borrowings $ 491 $ — $ 82 $ 252 $ 334 Corporate debt $ 997 $ — $ 1,055 $ — $ 1,055 (1) The carrying value of loans receivable, net includes the allowance for loan losses of $353 million and loans that are recorded at fair value on a nonrecurring basis at December 31, 2015 .

Offsetting Assets and Liabili30

Offsetting Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2016
Offsetting Assets and Liabilities [Abstract]
Offsetting Assets and Liabilities [Table Text Block]	The following table presents information about these transactions to enable the users of the Company’s financial statements to evaluate the potential effect of rights of set-off between these recognized assets and recognized liabilities at September 30, 2016 and December 31, 2015 (dollars in millions): Gross Amounts Not Offset in the Consolidated Balance Sheet Gross Amounts of Recognized Assets and Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet (1)(2) Financial Instruments Collateral Received or Pledged (Including Cash) Net Amount September 30, 2016 Assets: Deposits paid for securities borrowed (3) $ 657 $ — $ 657 $ (195 ) $ (449 ) $ 13 Total $ 657 $ — $ 657 $ (195 ) $ (449 ) $ 13 Liabilities: Deposits received for securities loaned (4) $ 1,188 $ — $ 1,188 $ (195 ) $ (922 ) $ 71 Derivative liabilities (5)(6) 32 — 32 — (32 ) — Total $ 1,220 $ — $ 1,220 $ (195 ) $ (954 ) $ 71 December 31, 2015 Assets: Deposits paid for securities borrowed (3) $ 120 $ — $ 120 $ (94 ) $ (18 ) $ 8 Total $ 120 $ — $ 120 $ (94 ) $ (18 ) $ 8 Liabilities: Deposits received for securities loaned (4) $ 1,535 $ — $ 1,535 $ (94 ) $ (1,314 ) $ 127 Repurchase agreements (6) 82 — 82 — (81 ) 1 Derivative liabilities (5)(6) 11 — 11 — (11 ) — Total $ 1,628 $ — $ 1,628 $ (94 ) $ (1,406 ) $ 128 (1) Net amount of deposits paid for securities borrowed are reflected in the receivables from brokers, dealers and clearing organizations line item in the consolidated balance sheet. (2) Net amount of deposits received for securities loaned, repurchase agreements and derivative liabilities are reflected in the payables to brokers, dealers and clearing organizations, other borrowings and other liabilities line items in the consolidated balance sheet, respectively. (3) Included in the gross amounts of deposits paid for securities borrowed was $359 million and $34 million at September 30, 2016 and December 31, 2015 , respectively, transacted through a program with a clearing organization, which guarantees the return of cash to the Company. For presentation purposes, these amounts presented are based on the counterparties under the Company’s master securities loan agreements. (4) Included in the gross amounts of deposits received for securities loaned was $703 million and $722 million at September 30, 2016 and December 31, 2015 , respectively, transacted through a program with a clearing organization, which guarantees the return of securities to the Company. For presentation purposes, these amounts presented are based on the counterparties under the Company’s master securities loan agreements. (5) Excludes net accrued interest payable of $1 million and $3 million at September 30, 2016 and December 31, 2015 , respectively. (6) The Company pledges available-for-sale and held-to-maturity securities as collateral for amounts due on repurchase agreements and derivative liabilities. The collateral pledged included available-for-sale securities at fair value and held-to-maturity securities at amortized cost for September 30, 2016 and available-for-sale securities at fair value for December 31, 2015 .

Available-for-Sale and Held-t31

Available-for-Sale and Held-to-Maturity Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investments Securities	The amortized cost and fair value of available-for-sale and held-to-maturity securities at September 30, 2016 and December 31, 2015 are shown in the following tables (dollars in millions): Amortized Cost Gross Unrealized / Unrecognized Gains Gross Unrealized / Unrecognized Losses Fair Value September 30, 2016: Available-for-sale securities: (1) Debt securities: Agency mortgage-backed securities and CMOs $ 12,064 $ 140 $ (24 ) $ 12,180 Agency debentures 794 59 (3 ) 850 U.S. Treasuries 300 15 (4 ) 311 Agency debt securities 79 2 — 81 Municipal bonds 33 1 — 34 Corporate bonds 5 — (1 ) 4 Total debt securities 13,275 217 (32 ) 13,460 Publicly traded equity securities (2) 33 — — 33 Total available-for-sale securities $ 13,308 $ 217 $ (32 ) $ 13,493 Held-to-maturity securities: (1) Agency mortgage-backed securities and CMOs $ 13,176 $ 406 $ (18 ) $ 13,564 Agency debentures 119 1 — 120 Agency debt securities 2,894 92 — 2,986 Total held-to-maturity securities $ 16,189 $ 499 $ (18 ) $ 16,670 December 31, 2015: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 11,888 $ 41 $ (166 ) $ 11,763 Agency debentures 551 18 (12 ) 557 U.S. Treasuries 147 — (4 ) 143 Agency debt securities 55 — — 55 Municipal bonds 35 — — 35 Corporate bonds 5 — (1 ) 4 Total debt securities 12,681 59 (183 ) 12,557 Publicly traded equity securities (2) 33 — (1 ) 32 Total available-for-sale securities $ 12,714 $ 59 $ (184 ) $ 12,589 Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 10,353 $ 149 $ (58 ) $ 10,444 Agency debentures 127 — (2 ) 125 Agency debt securities 2,523 34 (13 ) 2,544 Other non-agency debt securities 10 — — 10 Total held-to-maturity securities $ 13,013 $ 183 $ (73 ) $ 13,123 (1) During the three months ended June 30, 2016, securities with a fair value of approximately $492 million were transferred from available-for-sale securities to held-to-maturity securities pursuant to an evaluation of our investment strategy and an assessment by management about our intent and ability to hold those particular securities until maturity. See Note 14—Shareholders' Equity for information on the impact to accumulated other comprehensive income. (2) Consists of investments in a mutual fund related to the Community Reinvestment Act.
Investments Classified by Contractual Maturity Date	The contractual maturities of all available-for-sale and held-to-maturity debt securities at September 30, 2016 are shown in the following table (dollars in millions): Amortized Cost Fair Value Available-for-sale debt securities: Due within one year $ — $ — Due within one to five years 11 11 Due within five to ten years 3,756 3,835 Due after ten years 9,508 9,614 Total available-for-sale debt securities $ 13,275 $ 13,460 Held-to-maturity debt securities: Due within one year $ — $ — Due within one to five years 1,382 1,440 Due within five to ten years 4,615 4,783 Due after ten years 10,192 10,447 Total held-to-maturity debt securities $ 16,189 $ 16,670
Schedule of Unrealized Loss on Investments	The following tables show the fair value and unrealized or unrecognized losses on available-for-sale and held-to-maturity securities, aggregated by investment category, and the length of time that individual securities have been in a continuous unrealized or unrecognized loss position at September 30, 2016 and December 31, 2015 (dollars in millions): Less than 12 Months 12 Months or More Total Fair Value Unrealized / Unrecognized Losses Fair Value Unrealized / Unrecognized Losses Fair Value Unrealized / Unrecognized Losses September 30, 2016: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 2,911 $ (15 ) $ 1,186 $ (9 ) $ 4,097 $ (24 ) Agency debentures 128 (3 ) — — 128 (3 ) U.S. Treasuries 150 (4 ) — — 150 (4 ) Corporate bonds — — 4 (1 ) 4 (1 ) Total temporarily impaired available-for-sale securities $ 3,189 $ (22 ) $ 1,190 $ (10 ) $ 4,379 $ (32 ) Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 529 $ (2 ) $ 1,311 $ (16 ) $ 1,840 $ (18 ) Agency debt securities 77 — 18 — 95 — Total temporarily impaired held-to-maturity securities $ 606 $ (2 ) $ 1,329 $ (16 ) $ 1,935 $ (18 ) December 31, 2015: Available-for-sale securities: Debt securities: Agency mortgage-backed securities and CMOs $ 6,832 $ (88 ) $ 2,496 $ (78 ) $ 9,328 $ (166 ) Agency debentures 329 (12 ) 9 — 338 (12 ) U.S. Treasuries 143 (4 ) — — 143 (4 ) Agency debt securities 55 — — — 55 — Municipal bonds — — 15 — 15 — Corporate bonds — — 4 (1 ) 4 (1 ) Publicly traded equity securities 32 (1 ) — — 32 (1 ) Total temporarily impaired available-for-sale securities $ 7,391 $ (105 ) $ 2,524 $ (79 ) $ 9,915 $ (184 ) Held-to-maturity securities: Agency mortgage-backed securities and CMOs $ 2,807 $ (25 ) $ 1,495 $ (33 ) $ 4,302 $ (58 ) Agency debentures 114 (2 ) — — 114 (2 ) Agency debt securities 1,006 (10 ) 134 (3 ) 1,140 (13 ) Total temporarily impaired held-to-maturity securities $ 3,927 $ (37 ) $ 1,629 $ (36 ) $ 5,556 $ (73 )
Gains (Losses) on Loans and Investments	The following table shows the components of the gains (losses) on securities and other, net line items on the consolidated statement of income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Reclassification of deferred losses on cash flow hedges $ — $ (370 ) $ — $ (370 ) Gains on available-for-sale securities, net: Gains on available-for-sale securities 17 30 46 48 Losses on available-for-sale securities — (19 ) — (19 ) Subtotal 17 11 46 29 Hedge ineffectiveness (4 ) (2 ) (8 ) — Equity method investment income (loss) and other 1 3 (4 ) 8 Gains (losses) on securities and other, net $ 14 $ (358 ) $ 34 $ (333 )

Loans Receivable, Net (Tables)

Loans Receivable, Net (Tables)	9 Months Ended
	Sep. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
Total Loans Receivable, Net [Table Text Block]	Loans receivable, net at September 30, 2016 and December 31, 2015 are summarized as follows (dollars in millions): September 30, 2016 December 31, 2015 One- to four-family $ 2,094 $ 2,488 Home equity 1,685 2,114 Consumer 271 341 Total loans receivable 4,050 4,943 Unamortized premiums, net 17 23 Allowance for loan losses (235 ) (353 ) Total loans receivable, net $ 3,832 $ 4,613
Loans Receivable, Allowance for Loan Losses	The following table presents the total recorded investment in loans receivable and allowance for loan losses by loans that have been collectively evaluated for impairment and those that have been individually evaluated for impairment by loan class at September 30, 2016 and December 31, 2015 (dollars in millions): Recorded Investment Allowance for Loan Losses September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 Collectively evaluated for impairment: One- to four-family $ 1,850 $ 2,219 $ 41 $ 31 Home equity 1,484 1,915 132 255 Consumer 273 344 5 6 Total collectively evaluated for impairment 3,607 4,478 178 292 Individually evaluated for impairment: One- to four-family 258 286 6 9 Home equity 202 202 51 52 Total individually evaluated for impairment 460 488 57 61 Total $ 4,067 $ 4,966 $ 235 $ 353 The following table provides a roll forward by loan portfolio of the allowance for loan losses for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 42 $ 245 $ 6 $ 293 Provision (benefit) for loan losses 2 (64 ) — (62 ) Charge-offs — (4 ) (1 ) (5 ) Recoveries 3 6 — 9 Net (charge-offs) recoveries 3 2 (1 ) 4 Allowance for loan losses, end of period $ 47 $ 183 $ 5 $ 235 Three Months Ended September 30, 2015 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 49 $ 345 $ 8 $ 402 Provision (benefit) for loan losses (10 ) (15 ) — (25 ) Charge-offs — (7 ) (2 ) (9 ) Recoveries — 7 1 8 Net (charge-offs) recoveries — — (1 ) (1 ) Allowance for loan losses, end of period $ 39 $ 330 $ 7 $ 376 Nine Months Ended September 30, 2016 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 40 $ 307 $ 6 $ 353 Provision (benefit) for loan losses 2 (134 ) 1 (131 ) Charge-offs (1 ) (13 ) (5 ) (19 ) Recoveries 6 23 3 32 Net (charge-offs) recoveries 5 10 (2 ) 13 Allowance for loan losses, end of period $ 47 $ 183 $ 5 $ 235 Nine Months Ended September 30, 2015 One- to Four-Family Home Equity Consumer Total Allowance for loan losses, beginning of period $ 27 $ 367 $ 10 $ 404 Provision (benefit) for loan losses 15 (32 ) — (17 ) Charge-offs (3 ) (26 ) (8 ) (37 ) Recoveries — 21 5 26 Net (charge-offs) recoveries (3 ) (5 ) (3 ) (11 ) Allowance for loan losses, end of period $ 39 $ 330 $ 7 $ 376
Credit Quality Indicators for Loan Portfolio	The following tables show the distribution of the Company’s mortgage loan portfolios by credit quality indicator at September 30, 2016 and December 31, 2015 (dollars in millions): One- to Four-Family Home Equity Current LTV/CLTV (1) September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 <=80% $ 1,368 $ 1,519 $ 721 $ 843 80%-100% 462 609 448 549 100%-120% 162 227 308 420 >120% 102 133 208 302 Total mortgage loans receivable $ 2,094 $ 2,488 $ 1,685 $ 2,114 Average estimated current LTV/CLTV (2) 74 % 77 % 88 % 90 % Average LTV/CLTV at loan origination (3) 71 % 71 % 81 % 81 % (1) Current CLTV calculations for home equity loans are based on the maximum available line for HELOCs and outstanding principal balance for home equity installment loans. For home equity loans in the second lien position, the original balance of the first lien loan at origination date and updated valuations on the property underlying the loan are used to calculate CLTV. Current property values are updated on a quarterly basis using the most recent property value data available to the Company. For properties in which the Company did not have an updated valuation, home price indices were utilized to estimate the current property value. (2) The average estimated current LTV/CLTV ratio reflects the outstanding balance at the balance sheet date and the maximum available line for HELOCs, divided by the estimated current value of the underlying property. (3) Average LTV/CLTV at loan origination calculations are based on LTV/CLTV at time of purchase for one- to four-family purchased loans and home equity installment loans and maximum available line for HELOCs . One- to Four-Family Home Equity Current FICO (1) September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 >=720 $ 1,224 $ 1,423 $ 852 $ 1,069 719 - 700 189 246 163 222 699 - 680 149 198 145 183 679 - 660 132 150 125 152 659 - 620 166 198 161 203 <620 234 273 239 285 Total mortgage loans receivable $ 2,094 $ 2,488 $ 1,685 $ 2,114 (1) FICO scores are updated on a quarterly basis; however, there were approximately $31 million and $39 million of one- to four-family loans at September 30, 2016 and December 31, 2015 , respectively, and $2 million and $3 million of home equity loans at September 30, 2016 and December 31, 2015 , respectively, for which the updated FICO scores were not available. For these loans, the current FICO distribution included the most recent FICO scores where available, otherwise the original FICO score was used.
Concentration of Credit Risk	The following table outlines when one- to four-family and HELOCs convert to amortizing by percentage of the one- to four-family portfolio and HELOC portfolios, respectively, at September 30, 2016 : Period of Conversion to Amortizing Loan % of One- to Four-Family Portfolio % of Home Equity Line of Credit Portfolio Already amortizing 69% 73% Through December 31, 2016 7% 12% Year ending December 31, 2017 24% 14% Year ending December 31, 2018 or later —% 1%
Loans by Delinquency Category and Non-Performing Loans	The following table shows the comparative data for nonperforming loans at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 December 31, 2015 One- to four-family $ 230 $ 263 Home equity 150 154 Consumer — 1 Total nonperforming loans receivable $ 380 $ 418 The following table shows total loans receivable by delinquency category at September 30, 2016 and December 31, 2015 (dollars in millions): Current 30-89 Days Delinquent 90-179 Days Delinquent 180+ Days Delinquent Total September 30, 2016 One- to four-family $ 1,913 $ 65 $ 19 $ 97 $ 2,094 Home equity 1,568 38 24 55 1,685 Consumer 267 4 — — 271 Total loans receivable $ 3,748 $ 107 $ 43 $ 152 $ 4,050 December 31, 2015 One- to four-family $ 2,279 $ 72 $ 26 $ 111 $ 2,488 Home equity 1,978 52 31 53 2,114 Consumer 334 6 1 — 341 Total loans receivable $ 4,591 $ 130 $ 58 $ 164 $ 4,943
Impaired Financing Receivables	The following table shows detailed information related to the Company’s TDRs at September 30, 2016 and December 31, 2015 (dollars in millions): September 30, 2016 December 31, 2015 Recorded Investment in TDRs Specific Valuation Allowance Net Investment in TDRs Recorded Investment in TDRs Specific Valuation Allowance Net Investment in TDRs With a recorded allowance: One- to four-family $ 61 $ 6 $ 55 $ 72 $ 9 $ 63 Home equity $ 112 $ 51 $ 61 $ 111 $ 52 $ 59 Without a recorded allowance: (1) One- to four-family $ 197 $ — $ 197 $ 214 $ — $ 214 Home equity $ 90 $ — $ 90 $ 91 $ — $ 91 Total: One- to four-family $ 258 $ 6 $ 252 $ 286 $ 9 $ 277 Home equity $ 202 $ 51 $ 151 $ 202 $ 52 $ 150 (1) Represents loans where the discounted cash flow analysis or collateral value is equal to or exceeds the recorded investment in the loan. The following table shows a summary of the Company’s recorded investment in TDRs that were on accrual and nonaccrual status, further disaggregated by delinquency status, in addition to the recorded investment in TDRs at September 30, 2016 and December 31, 2015 (dollars in millions): Nonaccrual TDRs Accrual TDRs (1) Current (2) 30-89 Days Delinquent 90-179 Days Delinquent 180+ Days Delinquent Total Recorded Investment in TDRs (3)(4) September 30, 2016 One- to four-family $ 100 $ 96 $ 18 $ 4 $ 40 $ 258 Home equity 116 50 8 5 23 202 Total $ 216 $ 146 $ 26 $ 9 $ 63 $ 460 December 31, 2015 One- to four-family $ 106 $ 106 $ 19 $ 8 $ 47 $ 286 Home equity 120 42 11 8 21 202 Total $ 226 $ 148 $ 30 $ 16 $ 68 $ 488 (1) Represents loans modified as TDRs that are current and have made six or more consecutive payments. (2) Represents loans modified as TDRs that are current but have not yet made six consecutive payments, bankruptcy loans and certain junior lien TDRs that have a delinquent senior lien. (3) The unpaid principal balance in one- to four-family TDRs was $256 million and $283 million at September 30, 2016 and December 31, 2015 , respectively. For home equity loans, the recorded investment in TDRs represents the unpaid principal balance. (4) Total recorded investment in TDRs at September 30, 2016 consisted of $325 million of loans modified as TDRs and $135 million of loans that have been charged off due to bankruptcy notification. Total recorded investment in TDRs at December 31, 2015 consisted of $334 million of loans modified as TDRs and $154 million of loans that have been charged off due to bankruptcy notification. The following table shows the average recorded investment and interest income recognized both on a cash and accrual basis for the Company’s TDRs during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Average Recorded Investment Interest Income Recognized Three Months Ended September 30, Three Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 264 $ 300 $ 2 $ 3 Home equity 205 212 5 4 Total $ 469 $ 512 $ 7 $ 7 Average Recorded Investment Interest Income Recognized Nine Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 One- to four-family $ 275 $ 307 $ 7 $ 7 Home equity 205 216 13 13 Total $ 480 $ 523 $ 20 $ 20
Troubled Debt Restructurings - Modifications	The following table shows the recorded investment in modifications that experienced a payment default within 12 months after the modification for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Number of Loans Recorded Investment Number of Loans Recorded Investment One- to four-family (1) 1 $ — 2 $ 1 Home equity (2) 19 1 11 1 Total 20 $ 1 13 $ 2 Nine Months Ended September 30, 2016 2015 Number of Loans Recorded Investment Number of Loans Recorded Investment One- to four-family (1) 8 $ 3 4 $ 2 Home equity (2)(3) 49 3 79 4 Total 57 $ 6 83 $ 6 (1) For the three and nine months ended September 30, 2016 , less than $1 million and 1 million , respectively, of the recorded investment in one- to four-family loans had a payment default in the trailing 12 months that was classified as current, compared to less than $1 million for both the three and nine months ended September 30, 2015. (2) For the three and nine months ended September 30, 2016 , $1 million and $2 million , respectively, of the recorded investment in home equity loans had a payment default in the trailing 12 months that was classified as current, compared to less than $1 million and $3 million for the three and nine months ended September 30, 2015 , respectively. (3) The majority of these home equity modifications during the nine months ended September 30, 2015 experienced servicer transfers during this same period. The following tables provide the number of loans and post-modification balances immediately after being modified by major class during the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Interest Rate Reduction Other (1) Total One- to four-family 11 $ 2 $ — $ 2 $ 4 Home equity 102 2 — 5 7 Total 113 $ 4 $ — $ 7 $ 11 Three Months Ended September 30, 2015 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Interest Rate Reduction Other Total One- to four-family 12 $ 4 $ — $ 1 $ 5 Home equity 40 1 1 1 3 Total 52 $ 5 $ 1 $ 2 $ 8 Nine Months Ended September 30, 2016 Interest Rate Reduction Number of Loans Re-age/ Extension/ Interest Capitalization Other with Other (1) Total One- to four-family 32 $ 8 $ — $ 4 $ 12 Home equity 459 7 3 23 33 Total 491 $ 15 $ 3 $ 27 $ 45 Nine Months Ended September 30, 2015 Interest Rate Reduction Number of Re-age/ Other with Other (1) Total One- to four-family 28 $ 7 $ — $ 2 $ 9 Home equity 293 3 2 17 22 Total 321 $ 10 $ 2 $ 19 $ 31 (1) Includes TDRs that resulted from a loan modification program being offered to a subset of borrowers with HELOCs whose original loan terms provided the borrowers the option to accelerate their date of conversion to amortizing loans. As certain terms of the Company's offer represented economic concessions, such as longer amortization periods than were in the original loan agreements, to certain borrowers experiencing financial difficulty, this program resulted in less than $1 million and $15 million of TDRs during the three and nine months ended September 30, 2016 , respectively, and $14 million of TDRs during the nine months ended September 30, 2015 . The following table shows loans modified as TDRs and the specific valuation allowance by loan portfolio as well as the percentage of total expected losses at September 30, 2016 and December 31, 2015 (dollars in millions): Recorded Investment in Modifications before Charge-offs Charge-offs Recorded Investment in Modifications Specific Valuation Allowance Net Investment in Modifications Specific Valuation Allowance as a % of Modifications Total Expected Losses September 30, 2016 One- to four-family $ 200 $ (44 ) $ 156 $ (6 ) $ 150 4 % 25 % Home equity 279 (110 ) 169 (51 ) 118 30 % 57 % Total $ 479 $ (154 ) $ 325 $ (57 ) $ 268 17 % 44 % December 31, 2015 One- to four-family $ 216 $ (46 ) $ 170 $ (9 ) $ 161 5 % 25 % Home equity 284 (120 ) 164 (52 ) 112 32 % 61 % Total $ 500 $ (166 ) $ 334 $ (61 ) $ 273 18 % 45 % The following table shows loans modified as TDRs by delinquency category at September 30, 2016 and December 31, 2015 (dollars in millions): Modifications Current Modifications 30-89 Days Delinquent Modifications 90-179 Days Delinquent Modifications 180+ Days Delinquent Total Recorded Investment in Modifications (1) September 30, 2016 One- to four-family $ 130 $ 10 $ 2 $ 14 $ 156 Home equity 146 6 4 13 169 Total $ 276 $ 16 $ 6 $ 27 $ 325 December 31, 2015 One- to four-family $ 138 $ 11 $ 5 $ 16 $ 170 Home equity 139 8 6 11 164 Total $ 277 $ 19 $ 11 $ 27 $ 334 (1) Includes loans modified as TDRs that also had received a bankruptcy notification of $44 million and $42 million at September 30, 2016 and December 31, 2015 , respectively.

Derivative Instruments and He33

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Fair Value Amounts of Derivatives Designated as Hedging Instruments	The following table summarizes the fair value of derivatives as reported in the consolidated balance sheet at September 30, 2016 and December 31, 2015 (dollars in millions): Fair Value Notional Asset (1) Liability (2) Net (3) September 30, 2016 Interest rate contracts: Fair value hedges $ 2,295 $ 4 $ (131 ) $ (127 ) Total derivatives designated as hedging instruments (4) $ 2,295 $ 4 $ (131 ) $ (127 ) December 31, 2015 Interest rate contracts: Fair value hedges $ 2,204 $ 10 $ (55 ) $ (45 ) Total derivatives designated as hedging instruments (4) $ 2,204 $ 10 $ (55 ) $ (45 ) (1) Reflected in the other assets line item on the consolidated balance sheet. (2) Reflected in the other liabilities line item on the consolidated balance sheet. (3) Represents net fair value of derivative instruments for disclosure purposes only. (4) All derivatives were designated as hedging instruments at September 30, 2016 and December 31, 2015
Fair Value Hedging [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Effect of Derivatives designated as Fair Value Hedges and Related Hedged Items	The following table summarizes the effect of interest rate contracts designated as fair value hedges and related hedged items on the consolidated statement of income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Agency debentures $ 1 $ (3 ) $ (2 ) $ (30 ) $ 30 $ — Agency mortgage-backed securities 14 (16 ) (2 ) (72 ) 70 (2 ) Total gains (losses) included in earnings $ 15 $ (19 ) $ (4 ) $ (102 ) $ 100 $ (2 ) Nine Months Ended September 30, 2016 2015 Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Hedging Instrument Hedged Item Hedge Ineffectiveness (1) Agency debentures $ (89 ) $ 85 $ (4 ) $ (15 ) $ 15 $ — Agency mortgage-backed securities (100 ) 96 (4 ) (32 ) 32 — Total gains (losses) included in earnings $ (189 ) $ 181 $ (8 ) $ (47 ) $ 47 $ — (1) Reflected in the gains (losses) on securities and other, net line item on the consolidated statement of income (loss) .

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2016
Deposits [Abstract]
Schedule Of Deposits By Type	Deposits are summarized as follows (dollars in millions): Amount Weighted-Average Rate September 30, 2016 December 31, 2015 September 30, 2016 December 31, 2015 Sweep deposits $ 26,464 $ 24,018 0.01 % 0.01 % Complete savings deposits 3,182 3,357 0.01 % 0.01 % Checking deposits 1,252 1,239 0.03 % 0.03 % Other money market and savings deposits 765 792 0.01 % 0.01 % Time deposits (1) 34 39 0.18 % 0.38 % Total deposits (2) $ 31,697 $ 29,445 0.01 % 0.01 % (1) Time deposits represent certificates of deposit as of September 30, 2016 and December 31, 2015 , and include brokered certificates of deposit as of December 31, 2015 . (2) As of September 30, 2016 and December 31, 2015 , the Company had $172 million and $173 million in non-interest bearing deposits, respectively.

Other Borrowings (Tables)

Other Borrowings (Tables)	9 Months Ended
	Sep. 30, 2016
Other Borrowings Disclosure [Abstract]
Schedule Of Maturities Summary Of Other Borrowings	Other borrowings at September 30, 2016 and December 31, 2015 are summarized as follows (dollars in millions): September 30, 2016 December 31, 2015 Trust preferred securities (1) $ 409 $ 409 Repurchase agreements (2) — 82 Total other borrowings $ 409 $ 491 (1) The Company's TRUPs begin maturing in 2031 . (2) The maximum amount at any month end for repurchase agreements was $3.8 billion for the year ended December 31, 2015 .

Corporate Debt (Tables)

Corporate Debt (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of Corporate Debt Instruments	Corporate debt at September 30, 2016 and December 31, 2015 is outlined in the following table (dollars in millions): Face Value Discount Net September 30, 2016 Interest-bearing notes: 5 3 / 8 % Notes, due 2022 $ 540 $ (4 ) $ 536 4 5 / 8 % Notes, due 2023 460 (5 ) 455 Total interest-bearing notes 1,000 (9 ) 991 Non-interest-bearing debt: 0% Convertible debentures, due 2019 3 — 3 Total corporate debt $ 1,003 $ (9 ) $ 994 Face Value Discount Net December 31, 2015 Interest-bearing notes: 5 3 / 8 % Notes, due 2022 $ 540 $ (6 ) $ 534 4 5 / 8 % Notes, due 2023 460 (5 ) 455 Total interest-bearing notes 1,000 (11 ) 989 Non-interest-bearing debt: 0% Convertible debentures, due 2019 8 — 8 Total corporate debt $ 1,008 $ (11 ) $ 997

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	The Company’s deferred tax asset, valuation allowance, and deferred tax liability balances at September 30, 2016 and December 31, 2015 are summarized in the following table (dollars in millions): September 30, December 31, 2016 2015 Total deferred tax assets $ 1,266 $ 1,548 Valuation allowance (42 ) (82 ) Total deferred tax assets, net of valuation allowance 1,224 1,466 Total deferred tax liabilities (499 ) (433 ) Deferred tax assets, net $ 725 $ 1,033

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables present after-tax changes in each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Available-for-Sale Securities (1) Cash Flow Hedging Instruments Foreign Currency Translation Total Balance, December 31, 2015 $ (101 ) $ — $ 2 $ (99 ) Other comprehensive income before reclassifications 94 — — 94 Amounts reclassified from accumulated other comprehensive loss (9 ) — — (9 ) Net change 85 — — 85 Balance, March 31, 2016 $ (16 ) $ — $ 2 $ (14 ) Other comprehensive income before reclassifications 69 — — 69 Amounts reclassified from accumulated other comprehensive income (9 ) — — (9 ) Net change 60 — — 60 Balance, June 30, 2016 $ 44 $ — $ 2 $ 46 Other comprehensive income before reclassifications 3 — — 3 Amounts reclassified from accumulated other comprehensive income (10 ) — — (10 ) Net change (7 ) — — (7 ) Balance, September 30, 2016 $ 37 $ — $ 2 $ 39 (1) Includes unamortized unrealized losses of approximately $8 million at September 30, 2016, related to available-for-sale securities that were transferred to held-to-maturity during the three months ended June 30, 2016. See Note 7—Available-for-Sale and Held-to-Maturity Securities for additional information. Available-for-Sale Securities Cash Flow Hedging Instruments Foreign Currency Translation Total Balance, December 31, 2014 $ 7 $ (261 ) $ 5 $ (249 ) Other comprehensive income (loss) before reclassifications 39 (11 ) — 28 Amounts reclassified from accumulated other comprehensive loss (6 ) 16 — 10 Net change 33 5 — 38 Balance, March 31, 2015 $ 40 $ (256 ) $ 5 $ (211 ) Other comprehensive income (loss) before reclassifications (59 ) 6 — (53 ) Amounts reclassified from accumulated other comprehensive loss (5 ) 16 — 11 Net change (64 ) 22 — (42 ) Balance, June 30, 2015 $ (24 ) $ (234 ) $ 5 $ (253 ) Other comprehensive income (loss) before reclassifications 17 (5 ) — 12 Amounts reclassified from accumulated other comprehensive loss (7 ) 239 — 232 Net change 10 234 — 244 Balance, September 30, 2015 $ (14 ) $ — $ 5 $ (9 )
Components of Other Comprehensive Income (Loss)	The following tables present other comprehensive income (loss) activity and the related tax effect for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Three Months Ended September 30, 2016 2015 Before Tax Tax Effect After Tax Before Tax Tax Effect After Tax Available-for-sale securities: Unrealized gains, net $ 5 $ (2 ) $ 3 $ 28 $ (11 ) $ 17 Reclassification into earnings, net (17 ) 7 (10 ) (11 ) 4 (7 ) Net change from available-for-sale securities (12 ) 5 (7 ) 17 (7 ) 10 Cash flow hedging instruments: Unrealized losses, net — — — (8 ) 3 (5 ) Reclassification into earnings, net — — — 387 (148 ) 239 Net change from cash flow hedging instruments — — — 379 (145 ) 234 Other comprehensive income (loss) $ (12 ) $ 5 $ (7 ) $ 396 $ (152 ) $ 244 Nine Months Ended September 30, 2016 2015 Before Tax Tax Effect After Tax Before Tax Tax Effect After Tax Available-for-sale securities: Unrealized gains (losses), net $ 269 $ (103 ) $ 166 $ (5 ) $ 2 $ (3 ) Reclassification into earnings, net (46 ) 18 (28 ) (29 ) 11 (18 ) Net change from available-for-sale securities 223 (85 ) 138 (34 ) 13 (21 ) Cash flow hedging instruments: Unrealized losses, net — — — (17 ) 7 (10 ) Reclassification into earnings, net — — — 439 (168 ) 271 Net change from cash flow hedging instruments — — — 422 (161 ) 261 Other comprehensive income $ 223 $ (85 ) $ 138 $ 388 $ (148 ) $ 240
Reclassification out of Accumulated Other Comprehensive Income (Loss)	The following table presents the consolidated statement of income (loss) line items impacted by reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015 (dollars in millions): Accumulated Other Comprehensive Income (Loss) Components Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Items in the Consolidated Statement of Income (Loss) Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Available-for-sale securities: $ 17 $ 11 $ 46 $ 29 Gains (losses) on securities and other, net (7 ) (4 ) (18 ) (11 ) Tax expense $ 10 $ 7 $ 28 $ 18 Reclassification into earnings, net Cash flow hedging instruments: $ — $ (370 ) $ — $ (370 ) Gains (losses) on securities and other, net — (17 ) — (69 ) Interest expense — (387 ) — (439 ) Reclassification into earnings, before tax — 148 — 168 Tax benefit $ — $ (239 ) $ — $ (271 ) Reclassification into earnings, net

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents a reconciliation of basic and diluted earnings (loss) per share (in millions, except share data and per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Basic: Net income (loss) $ 139 $ (153 ) $ 425 $ 179 Basic weighted-average shares outstanding (in thousands) 274,362 290,480 278,864 290,105 Basic earnings (loss) per share $ 0.51 $ (0.53 ) $ 1.53 $ 0.62 Diluted: Net income (loss) $ 139 $ (153 ) $ 425 $ 179 Basic weighted-average shares outstanding (in thousands) 274,362 290,480 278,864 290,105 Effect of dilutive securities: Weighted-average convertible debentures (in thousands) 318 — 411 3,517 Weighted-average options and restricted stock issued to employees (in thousands) 792 — 861 1,376 Diluted weighted-average shares outstanding (in thousands) 275,472 290,480 280,136 294,998 Diluted earnings (loss) per share $ 0.51 $ (0.53 ) $ 1.52 $ 0.61
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The Company excluded the following shares from the calculation of diluted earnings (loss) per share as the effect would have been anti-dilutive (shares in millions): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Weighted-average shares excluded as a result of the Company's net loss: Convertible debentures — 3.3 — — Stock options and restricted stock awards and units — 1.3 — — Stock options and restricted stock awards and units 0.2 0.1 0.1 0.1 Total 0.2 4.7 0.1 0.1

Regulatory Requirements (Tables

Regulatory Requirements (Tables)	9 Months Ended
	Sep. 30, 2016
Regulatory Capital Requirements [Abstract]
Schedule Of Subsidiary Compliance With Regulatory Capital Requirements	The tables below summarize the minimum capital requirements and excess capital for the Company’s broker-dealer subsidiaries at September 30, 2016 and December 31, 2015 (dollars in millions): Required Net Capital Net Capital Excess Net Capital September 30, 2016: E*TRADE Clearing (1)(2) $ 151 $ 884 $ 733 E*TRADE Securities (1)(3) 1 75 74 OptionsHouse (4) 1 15 14 Other broker-dealer — 17 17 Total $ 153 $ 991 $ 838 December 31, 2015: E*TRADE Clearing (1) $ 161 $ 1,007 $ 846 E*TRADE Securities (1) — 49 49 Other broker-dealers 1 15 14 Total $ 162 $ 1,071 $ 909 (1) Elected to use the Alternative method to compute net capital. E*TRADE Securities' minimum net capital requirement was $250,000 as of December 31, 2015 and $1 million as of September 30, 2016 as a result of its registration as a Futures Commission Merchant during the three months ended September 30, 2016. (2) E*TRADE Clearing paid dividends of $227 million to the parent company during the nine months ended September 30, 2016 . Effective October 1, 2016, E*TRADE Clearing was merged into E*TRADE Securities. (3) E*TRADE Securities paid dividends of $108 million to the parent company during the nine months ended September 30, 2016 . (4) The Company completed the acquisition of OptionsHouse on September 12, 2016. OptionsHouse elected to use the Aggregate Indebtedness method to compute net capital; however, as OptionsHouse is an FCM, the prescribed fixed-dollar minimum capital requirement is $1 million .
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	E*TRADE Financial and E*TRADE Bank were categorized as "well capitalized" under the regulatory framework for prompt corrective action for the periods presented in the table below (dollars in millions): September 30, 2016 December 31, 2015 Actual Well Capitalized Minimum Capital Excess Capital Actual Well Capitalized Minimum Capital Excess Capital Amount Ratio Amount Ratio Amount Amount Ratio Amount Ratio Amount E*TRADE Financial (1) Tier 1 leverage $ 3,396 7.3 % $ 2,318 5.0 % $ 1,078 $ 3,747 9.0 % $ 2,093 5.0 % $ 1,654 Common equity Tier 1 capital $ 3,286 34.0 % $ 629 6.5 % $ 2,657 $ 3,747 39.3 % $ 620 6.5 % $ 3,127 Tier 1 risk-based capital $ 3,396 35.1 % $ 774 8.0 % $ 2,622 $ 3,747 39.3 % $ 763 8.0 % $ 2,984 Total risk-based capital $ 3,938 40.7 % $ 968 10.0 % $ 2,970 $ 4,186 43.9 % $ 954 10.0 % $ 3,232 September 30, 2016 December 31, 2015 Actual Well Capitalized Minimum Capital Excess Capital Actual Well Capitalized Minimum Capital Excess Capital Amount Ratio Amount Ratio Amount Amount Ratio Amount Ratio Amount E*TRADE Bank (1)(2) Tier 1 leverage $ 3,069 8.5 % $ 1,806 5.0 % $ 1,263 $ 3,075 9.7 % $ 1,579 5.0 % $ 1,496 Common equity Tier 1 capital $ 3,069 36.7 % $ 544 6.5 % $ 2,525 $ 3,075 36.5 % $ 548 6.5 % $ 2,527 Tier 1 risk-based capital $ 3,069 36.7 % $ 669 8.0 % $ 2,400 $ 3,075 36.5 % $ 674 8.0 % $ 2,401 Total risk-based capital $ 3,176 38.0 % $ 837 10.0 % $ 2,339 $ 3,185 37.8 % $ 842 10.0 % $ 2,343 (1) The Basel III final rule introduces a capital conservation buffer that limits a banking organization’s ability to make capital distributions and discretionary bonus payments to executive officers if a banking organization fails to maintain a Common Equity Tier 1 capital conservation buffer of more than 2.5% , on a fully phased-in basis, of total risk-weighted assets above each of the following minimum risk-based capital ratio requirements: Common Equity Tier 1 ( 4.5% ), Tier 1 ( 6.0% ), and total risk-based capital ( 8.0% ). This requirement was effective beginning on January 1, 2016, and will be fully phased-in by 2019. Certain new regulatory deductions and adjustments are subject to a phase-in period over a four year period, beginning at 40% in 2015 and fully implemented at 100% in 2018. (2) E*TRADE Bank paid dividends of $373 million to the parent company during the nine months ended September 30, 2016 .

Organization, Basis of Presen41

Organization, Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($) $ in Billions	Sep. 30, 2016	Dec. 31, 2015
Margin Receivables [Abstract]
Margin receivables securities pledged as collateral	$ 9.4	$ 10.1
Margin receivable securities sold or repledged	$ 2.1	$ 2.5

Business Acquisition (Details)

Business Acquisition (Details) - USD ($) $ in Millions	Sep. 12, 2016	Sep. 30, 2016
Business Acquisition [Abstract]
Purchase Price	$ 725
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		$ 6
Purchased Cash Adjustment	26
Working Capital Adjustment	(2)
Total Cash Consideration Paid	749
Fair Value of Net Assets Acquired	171
Provisional Goodwill	578
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Cash and Equivalents	26
Identifiable intangible assets	169
Property and Equipment	6
Other Assets	12
Total Assets Acquired	213
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Deferred Tax Liabilities, Net	31
Accrued Expenses and Other Liabilities	11
Total Liabilities Assumed	42
Fair Value of Net Assets Acquired	171
Business Acquisition, Goodwill, Expected Tax Deductible Amount	122
Finite Lived Intangible Assets Acquired Expected Tax Deductible Amount	63
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value of Intangible Assets	169
Customer Relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value of Intangible Assets	$ 118
Estimated Useful Life	14 years
Technology
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value of Intangible Assets	$ 48
Estimated Useful Life	7 years
Trade Name
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value of Intangible Assets	$ 3
Estimated Useful Life	2 years

Restructuring and Acquisition43

Restructuring and Acquisition-Related Activities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring activities	$ 18	$ 2	$ 21	$ 8
Acquisition-related costs	7	0	7	0
Total restructuring and acquisition-related activities	25	$ 2	28	$ 8
Severance cost	16		16
Restructuring reserve	11		$ 11
OptionsHouse Acquisition [Member]
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 7

Interest Income and Interest 44

Interest Income and Interest Expense (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income:
Cash and equivalents		$ 2	$ 1	$ 5	$ 2
Cash required to be segregated under federal or other regulation		2	1	4	1
Available-for-sale securities		66	57	198	189
Held-to-maturity securities		109	85	319	259
Margin receivables		60	70	185	208
Loans		46	58	146	177
Broker-related receivables and other		0	0	1	2
Subtotal interest income		285	272	858	838
Other interest revenue(1)		24	25	65	85
Total interest income		309	297	923	923
Interest expense:
Deposits		(1)	(1)	(3)	(4)
Customer payables		(2)	(2)	(4)	(4)
Other borrowings(2)		(4)	(30)	(13)	(112)
Corporate debt		(13)	(13)	(40)	(46)
Subtotal interest expense		(20)	(46)	(60)	(166)
Other interest expense(3)		(2)	(2)	(3)	(6)
Total interest expense		(22)	(48)	(63)	(172)
Net interest income(4)		$ 287	$ 249	$ 860	$ 751
Termination of legacy wholesale funding obligations	$ 4,400

Fair Value Disclosures (Details

Fair Value Disclosures (Details - Inputs) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Agency mortgage-backed securities [Member] | Weighted Average [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Coupon Rate	2.83%
Agency CMOs [Member] | Weighted Average [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Coupon Rate	3.27%
Loans Receivable [Member] | One- To Four-Family [Member] | Weighted Average [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	$ 440,700	$ 422,900
Loans Receivable [Member] | One- To Four-Family [Member] | Maximum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	1,954,000	1,900,000
Loans Receivable [Member] | One- To Four-Family [Member] | Minimum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	39,800	8,500
Loans Receivable [Member] | Home Equity [Member] | Weighted Average [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	303,700	274,100
Loans Receivable [Member] | Home Equity [Member] | Maximum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	2,450,000	1,300,000
Loans Receivable [Member] | Home Equity [Member] | Minimum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	6,000	9,000
Real Estate Owned [Member] | Weighted Average [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	330,300	330,700
Real Estate Owned [Member] | Maximum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	1,900,000	1,250,000
Real Estate Owned [Member] | Minimum [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraised Value	$ 17,000	$ 26,500

Fair Value Disclosures (Detai46

Fair Value Disclosures (Details - Recurring and Nonrecurring) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 13,493,000		$ 13,493,000		$ 12,589,000
Assets measured at fair value on recurring basis percentage of total assets	27.00%		27.00%		28.00%
Fair Value, Transfers Between Level 1 and Level 2, Description and Policy (Textuals) [Abstract]
Fair value, assets, Level 1 to Level 2 transfers, amount	$ 0	$ 0	$ 0	$ 0
Fair value, assets, Level 2 to Level 1 transfers, amount	0	0	0	0
Fair value, liabilities, Level 1 to Level 2 transfers, amount	0	0	0	0
Fair value, liabilities, Level 2 to Level 1 transfers, amount	$ 0	0	$ 0	0
Less than [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities measured at fair value on recurring basis percentage of total liabilities	1.00%		1.00%		1.00%
Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 13,493,000		$ 13,493,000		$ 12,589,000
Derivative assets	4,000		4,000		10,000
Total assets measured at fair value on a recurring basis	13,497,000		13,497,000		12,599,000
Derivative Liability	131,000		131,000		55,000
Total liabilities measured at fair value on a recurring basis	131,000		131,000		55,000
Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	43,000		43,000		63,000
REO	28,000		28,000		26,000
Total Assets Measured at Fair Value On A Nonrecurring Basis	71,000		71,000		89,000
Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	33,000		33,000		32,000
Total assets measured at fair value on a recurring basis	33,000		33,000		32,000
Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	13,460,000		13,460,000		12,557,000
Derivative assets	4,000		4,000		10,000
Total assets measured at fair value on a recurring basis	13,464,000		13,464,000		12,567,000
Derivative Liability	131,000		131,000		55,000
Total liabilities measured at fair value on a recurring basis	131,000		131,000		55,000
Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	43,000		43,000		63,000
REO	28,000		28,000		26,000
Total Assets Measured at Fair Value On A Nonrecurring Basis	71,000		71,000		89,000
Loans Receivable [Member]
Gains Losses On Nonrecurring Fair Value Measurements [Abstract]
(Gains) losses measured at fair value	3,000	5,000	12,000	18,000
Real Estate Owned [Member]
Gains Losses On Nonrecurring Fair Value Measurements [Abstract]
(Gains) losses measured at fair value	(1,000)	0	0	1,000
One- To Four-Family [Member] | Loans Receivable [Member]
Gains Losses On Nonrecurring Fair Value Measurements [Abstract]
(Gains) losses measured at fair value	1,000	1,000	3,000	6,000
One- To Four-Family [Member] | Loans Receivable [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	24,000		24,000		41,000
One- To Four-Family [Member] | Loans Receivable [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	24,000		24,000		41,000
Home Equity [Member] | Loans Receivable [Member]
Gains Losses On Nonrecurring Fair Value Measurements [Abstract]
(Gains) losses measured at fair value	2,000	$ 4,000	9,000	$ 12,000
Home Equity [Member] | Loans Receivable [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	19,000		19,000		22,000
Home Equity [Member] | Loans Receivable [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total loans receivable	19,000		19,000		22,000
Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	13,460,000		13,460,000		12,557,000
Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	13,460,000		13,460,000		12,557,000
Debt Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	13,460,000		13,460,000		12,557,000
Agency Mortgage-Backed Securities and CMOs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	12,180,000		12,180,000		11,763,000
Agency Mortgage-Backed Securities and CMOs [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	12,180,000		12,180,000		11,763,000
Agency Mortgage-Backed Securities and CMOs [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	12,180,000		12,180,000		11,763,000
Agency Debentures [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	850,000		850,000		557,000
Agency Debentures [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	850,000		850,000		557,000
Agency Debentures [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	850,000		850,000		557,000
U.S. Treasuries [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	311,000		311,000		143,000
U.S. Treasuries [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	311,000		311,000		143,000
U.S. Treasuries [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	311,000		311,000		143,000
Agency Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	81,000		81,000		55,000
Agency Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	81,000		81,000		55,000
Agency Debt Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	81,000		81,000		55,000
Municipal Bonds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	34,000		34,000		35,000
Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	34,000		34,000		35,000
Municipal Bonds [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	34,000		34,000		35,000
Corporate Bonds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	4,000		4,000		4,000
Corporate Bonds [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	4,000		4,000		4,000
Corporate Bonds [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	4,000		4,000		4,000
Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	33,000		33,000		32,000
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	33,000		33,000		32,000
Equity Securities [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 33,000		$ 33,000		$ 32,000

Fair Value Disclosures (Detai47

Fair Value Disclosures (Details - Level 3) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Level 3 recurring assets	$ 0	$ 0
Level 3 recurring liabilities	$ 0	$ 0

Fair Value Disclosures (Detai48

Fair Value Disclosures (Details - FV of Financial Instruments) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and equivalents	$ 1,467		$ 2,233	$ 1,453		$ 1,783
Cash required to be segregated under federal or other regulations	2,159		1,057
Total held-to-maturity securities	16,189		13,013
Margin Receivables	6,552		7,398
Total loans receivable, net	3,832		4,613
Receivables from brokers, dealers and clearing organizations	1,118		520
Deposits	31,697		29,445
Customer Payables	7,827		6,544
Payables to brokers, dealers and clearing organizations	1,227		1,576
Securities sold under agreements to repurchase			82
Other borrowings	409		491
Corporate debt	994		997
Allowance for loan losses	235	$ 293	353	376	$ 402	404
Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and equivalents	1,467		2,233
Cash required to be segregated under federal or other regulations	2,159		1,057
Total held-to-maturity securities	16,189		13,013
Margin Receivables	6,552		7,398
Total loans receivable, net	3,832		4,613
Receivables from brokers, dealers and clearing organizations	1,118		520
Deposits	31,697		29,445
Customer Payables	7,827		6,544
Payables to brokers, dealers and clearing organizations	1,227		1,576
Securities sold under agreements to repurchase			82
Trust preferred securities	409		409
Other borrowings			491
Corporate debt	994		997
Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and equivalents	1,467		2,233
Cash required to be segregated under federal or other regulations	2,159		1,057
Total held-to-maturity securities	16,670		13,123
Margin Receivables	6,552		7,398
Total loans receivable, net	3,780		4,412
Receivables from brokers, dealers and clearing organizations	1,118		520
Deposits	31,697		29,444
Customer Payables	7,827		6,544
Payables to brokers, dealers and clearing organizations	1,227		1,576
Securities sold under agreements to repurchase			82
Trust preferred securities	285		252
Other borrowings			334
Corporate debt	1,068		1,055
One- To Four-Family [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Allowance for loan losses	47	42	40	39	49	27
One- To Four-Family [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	2,061		2,465
One- To Four-Family [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	2,061		2,409
Home Equity [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Allowance for loan losses	183	245	307	330	345	367
Home Equity [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	1,503		1,810
Home Equity [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	1,446		1,660
Consumer And Other [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Allowance for loan losses	5	$ 6	6	$ 7	$ 8	$ 10
Consumer And Other [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	268		338
Consumer And Other [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	273		343
Agency Mortgage-Backed Securities and CMOs [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	13,176		10,353
Agency Mortgage-Backed Securities and CMOs [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	13,176		10,353
Agency Mortgage-Backed Securities and CMOs [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	13,564		10,444
Agency Debentures [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	119		127
Agency Debentures [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	119		127
Agency Debentures [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	120		125
Agency Debt Securities [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	2,894		2,523
Agency Debt Securities [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	2,894		2,523
Agency Debt Securities [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	2,986		2,544
Other Non-Agency Debt Securities [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities			10
Other Non-Agency Debt Securities [Member] | Carrying Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities			10
Other Non-Agency Debt Securities [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities			10
Unfunded Commitments to Extend Credit [Member]
Supply Commitment [Line Items]
Supply Commitment, Remaining Minimum Amount Committed	32
Level 1 [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and equivalents	1,467		2,233
Cash required to be segregated under federal or other regulations	2,159		1,057
Level 2 [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	16,670		13,113
Margin Receivables	6,552		7,398
Receivables from brokers, dealers and clearing organizations	1,118		520
Deposits	31,697		29,444
Customer Payables	7,827		6,544
Payables to brokers, dealers and clearing organizations	1,227		1,576
Securities sold under agreements to repurchase			82
Other borrowings			82
Corporate debt	1,068		1,055
Level 2 [Member] | Agency Mortgage-Backed Securities and CMOs [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	13,564		10,444
Level 2 [Member] | Agency Debentures [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	120		125
Level 2 [Member] | Agency Debt Securities [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	2,986		2,544
Level 3 [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities	0		10
Total loans receivable, net	3,780		4,412
Trust preferred securities	285		252
Other borrowings			252
Level 3 [Member] | One- To Four-Family [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	2,061		2,409
Level 3 [Member] | Home Equity [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	1,446		1,660
Level 3 [Member] | Consumer And Other [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total loans receivable, net	$ 273		343
Level 3 [Member] | Other Non-Agency Debt Securities [Member] | Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total held-to-maturity securities			$ 10

Offsetting Assets and Liabili49

Offsetting Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Offsetting Footnotes [Abstract]
Interest Payable Excluded From Gross Amounts of Derivatives	$ 1	$ 3
Securities Borrowed, Transacted Through Clearing Company	359	34
Securities Loaned, Transacted Through Clearing Company	703	722
Derivative Asset, Not Subject to Master Netting Arrangement	4	10
Derivative Liability, Not Subject to Master Netting Arrangement	99	44
Offsetting Assets [Abstract]
Securities Borrowed, Gross	657	120
Securities Borrowed, Liability	0	0
Securities Borrowed	657	120
Securities Borrowed, Financial Instruments, Not Offset	(195)	(94)
Securities Borrowed, Collateral Received	(449)	(18)
Securities Borrowed, Amount Offset Against Collateral	13	8
(Total Offsetting Assets) Securities Borrowed, Gross	657	120
(Total Offsetting Assets) Securities Borrowed, Liability	0	0
(Total Offsetting Assets) Securities Borrowed	657	120
(Total Offsetting Assets) Securities Borrowed, Financial Instruments Not Offset	(195)	(94)
(Total Offsetting Assets) Securities Borrowed, Collateral Received	(449)	(18)
(Total Offsetting Assets) Securities Borrowed Net	13	8
Offsetting Liabilities [Abstract]
Securities Loaned, Gross	1,188	1,535
Securities Loaned, Asset	0	0
Securities Loaned	1,188	1,535
Securities Loaned, Financial Instruments, Not Offset	(195)	(94)
Securities Loaned, Collateral Pledged	(922)	(1,314)
Securities Loaned, Amount Offset Against Collateral	71	127
Securities Sold under Agreements to Repurchase, Gross		82
Securities Sold under Agreements to Repurchase, Asset		0
Securities sold under agreements to repurchase		82
Securities Sold under Agreements to Repurchase, Financial Instruments Not Offset		0
Securities Sold under Agreements to Repurchase, Collateral Pledged		(81)
Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral		1
Derivative Liability, Fair Value, Gross Liability	32	11
Derivative Liability, Fair Value, Gross Asset	0	0
Derivative Liability	32	11
Derivative Liability, Financial Instruments, Not Offset	0	0
Derivative Liability, Collateral Pledged	(32)	(11)
Derivative Liability, Fair Value, Amount Offset Against Collateral	0	0
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Gross	1,220	1,628
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Asset	0	0
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned	1,220	1,628
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Financial Instruments Not Offset	(195)	(94)
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral Pledged	(954)	(1,406)
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Amount Offset Against Collateral	$ 71	$ 128

Available-for-Sale Securities (

Available-for-Sale Securities (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		$ 13,308		$ 12,714
Available-for-sale securities, gross unrealized gains		217		59
Available-for-sale securities, gross unrealized losses		(32)		(184)
Available-for-sale securities, fair value		13,493		12,589
Transfer of available-for-sale securities to held-to-maturity	$ 492	492	$ 0
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		13,275		12,681
Available-for-sale securities, gross unrealized gains		217		59
Available-for-sale securities, gross unrealized losses		(32)		(183)
Available-for-sale securities, fair value		13,460		12,557
Agency Mortgage-Backed Securities and CMOs [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		12,064		11,888
Available-for-sale securities, gross unrealized gains		140		41
Available-for-sale securities, gross unrealized losses		(24)		(166)
Available-for-sale securities, fair value		12,180		11,763
Agency Debentures [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		794		551
Available-for-sale securities, gross unrealized gains		59		18
Available-for-sale securities, gross unrealized losses		(3)		(12)
Available-for-sale securities, fair value		850		557
U.S. Treasuries [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		300		147
Available-for-sale securities, gross unrealized gains		15		0
Available-for-sale securities, gross unrealized losses		(4)		(4)
Available-for-sale securities, fair value		311		143
Agency Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		79		55
Available-for-sale securities, gross unrealized gains		2		0
Available-for-sale securities, gross unrealized losses		0		0
Available-for-sale securities, fair value		81		55
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		33		35
Available-for-sale securities, gross unrealized gains		1		0
Available-for-sale securities, gross unrealized losses		0		0
Available-for-sale securities, fair value		34		35
Corporate Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		5		5
Available-for-sale securities, gross unrealized losses		(1)		(1)
Available-for-sale securities, fair value		4		4
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost		33		33
Available-for-sale securities, gross unrealized losses		0		(1)
Available-for-sale securities, fair value		$ 33		$ 32

Held-to-Maturity Securities (De

Held-to-Maturity Securities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, amortized cost	$ 16,189	$ 13,013
Held-to-maturity securities, gross unrecognized gains	499	183
Held-to-maturity securities, gross unrecognized losses	(18)	(73)
Held-to-maturity securities, fair value	16,670	13,123
Agency Mortgage-Backed Securities and CMOs [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, amortized cost	13,176	10,353
Held-to-maturity securities, gross unrecognized gains	406	149
Held-to-maturity securities, gross unrecognized losses	(18)	(58)
Held-to-maturity securities, fair value	13,564	10,444
Agency Debentures [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, amortized cost	119	127
Held-to-maturity securities, gross unrecognized gains	1	0
Held-to-maturity securities, gross unrecognized losses	0	(2)
Held-to-maturity securities, fair value	120	125
Agency Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, amortized cost	2,894	2,523
Held-to-maturity securities, gross unrecognized gains	92	34
Held-to-maturity securities, gross unrecognized losses	0	(13)
Held-to-maturity securities, fair value	$ 2,986	2,544
Other Non-Agency Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, amortized cost		10
Held-to-maturity securities, fair value		$ 10

Available-for-Sale and Held-t52

Available-for-Sale and Held-to-Maturity Securities (Details - Maturity) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Available-for-Sale Securities, Debt Maturities [Abstract]
Available-for-sale securities, due within one year, amortized cost	$ 0
Available-for-sale securities, due within one to five years, amortized cost	11
Available-for-sale securities, due within five to ten years, amortized cost	3,756
Available-for-sale securities, due after ten years, amortized cost	9,508
Available-for-sale securities, amortized cost	13,275
Available-for-sale securities, due within one year, fair value	0
Available-for-sale securities, due within one to five years, fair value	11
Available-for-sale securities, due within five to ten years, fair value	3,835
Available-for-sale securities, due after ten years, fair value	9,614
Available-for-sale securities, fair value	13,460
Held-to-Maturity Securities, Debt Maturities [Abstract]
Held-to-maturity securities, due within one year, amortized cost	0
Held-to-maturity securities, due within one to five years, amortized cost	1,382
Held-to-maturity securities, due within five to ten years, amortized cost	4,615
Held-to-maturity securities, due after ten years, amortized cost	10,192
Held-to-maturity securities, amortized cost	16,189	$ 13,013
Held-to-maturity securities, due within one year, fair value	0
Held-to-maturity securities, due within one to five years, fair value	1,440
Held-to-maturity securities, due within five to ten years, fair value	4,783
Held-to-maturity securities, due after ten years, fair value	10,447
Held-to-maturity securities, fair value	16,670	13,123
Available-for-Sale Securities Pledged As Collateral (Textuals) [Abstract]
Available-for-sale debt securities pledged as collateral	6	17
Held-to-Maturity Securities Pledged As Collateral (Textuals) [Abstract]
Held-to-maturity debt securities pledged as collateral	$ 600	$ 700

Available-for-Sale Securities53

Available-for-Sale Securities (Details - OTTI) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value	$ 3,189	$ 7,391
Available-for-sale securities, twelve months or longer, fair value	1,190	2,524
Available-for-sale securities, fair value	4,379	9,915
Available-for-sale securities, less than twelve months, aggregate losses	(22)	(105)
Available-for-sale securities, twelve months or longer, aggregate losses	(10)	(79)
Available-for-sale securities, aggregate losses	(32)	(184)
Agency Mortgage-Backed Securities and CMOs [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value	2,911	6,832
Available-for-sale securities, twelve months or longer, fair value	1,186	2,496
Available-for-sale securities, fair value	4,097	9,328
Available-for-sale securities, less than twelve months, aggregate losses	(15)	(88)
Available-for-sale securities, twelve months or longer, aggregate losses	(9)	(78)
Available-for-sale securities, aggregate losses	(24)	(166)
Agency Debentures [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value	128	329
Available-for-sale securities, twelve months or longer, fair value	0	9
Available-for-sale securities, fair value	128	338
Available-for-sale securities, less than twelve months, aggregate losses	(3)	(12)
Available-for-sale securities, twelve months or longer, aggregate losses	0	0
Available-for-sale securities, aggregate losses	(3)	(12)
U.S. Treasuries [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value	150	143
Available-for-sale securities, twelve months or longer, fair value	0
Available-for-sale securities, fair value	150	143
Available-for-sale securities, less than twelve months, aggregate losses	(4)	(4)
Available-for-sale securities, twelve months or longer, aggregate losses	0
Available-for-sale securities, aggregate losses	(4)	(4)
Agency Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value		55
Available-for-sale securities, twelve months or longer, fair value		0
Available-for-sale securities, fair value		55
Available-for-sale securities, less than twelve months, aggregate losses		0
Available-for-sale securities, twelve months or longer, aggregate losses		0
Available-for-sale securities, aggregate losses		0
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value		0
Available-for-sale securities, twelve months or longer, fair value		15
Available-for-sale securities, fair value		15
Available-for-sale securities, less than twelve months, aggregate losses		0
Available-for-sale securities, twelve months or longer, aggregate losses		0
Available-for-sale securities, aggregate losses		0
Corporate Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, twelve months or longer, fair value	4	4
Available-for-sale securities, fair value	4	4
Available-for-sale securities, twelve months or longer, aggregate losses	(1)	(1)
Available-for-sale securities, aggregate losses	$ (1)	(1)
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, less than twelve months, fair value		32
Available-for-sale securities, fair value		32
Available-for-sale securities, less than twelve months, aggregate losses		(1)
Available-for-sale securities, aggregate losses		$ (1)

Held-to-maturity Securities (54

Held-to-maturity Securities (Details - OTTI) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, less than twelve months, fair value	$ 606	$ 3,927
Held-to-maturity securities, twelve months or longer, fair value	1,329	1,629
Held-to-maturity securities, fair value	1,935	5,556
Held-to-maturity securities, less than twelve months, aggregate losses	(2)	(37)
Held-to-maturity securities, twelve months or longer, aggregate losses	(16)	(36)
Held-to-maturity securities, aggregate losses	(18)	(73)
Agency Mortgage-Backed Securities and CMOs [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, less than twelve months, fair value	529	2,807
Held-to-maturity securities, twelve months or longer, fair value	1,311	1,495
Held-to-maturity securities, fair value	1,840	4,302
Held-to-maturity securities, less than twelve months, aggregate losses	(2)	(25)
Held-to-maturity securities, twelve months or longer, aggregate losses	(16)	(33)
Held-to-maturity securities, aggregate losses	(18)	(58)
Agency Debentures [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, less than twelve months, fair value		114
Held-to-maturity securities, fair value		114
Held-to-maturity securities, less than twelve months, aggregate losses		(2)
Held-to-maturity securities, aggregate losses	0	(2)
Agency Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity securities, less than twelve months, fair value	77	1,006
Held-to-maturity securities, twelve months or longer, fair value	18	134
Held-to-maturity securities, fair value	95	1,140
Held-to-maturity securities, less than twelve months, aggregate losses	0	(10)
Held-to-maturity securities, twelve months or longer, aggregate losses	0	(3)
Held-to-maturity securities, aggregate losses	$ 0	$ (13)

Available-for-Sale and Held-t55

Available-for-Sale and Held-to-Maturity Securities (Details - Other) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Other-than-temporary impairment, credit losses recognized in earnings	$ 136		$ 136		$ 152
Other-than-temporary impairment, credit losses recognized in earnings for securities factored to zero	136		136		$ 123
Net impairment			0	$ 0
Components of gains (losses) on securities and other, net
Reclassification of deferred losses on cash flow hedges	0	$ (370)	0	(370)
Gains on available-for-sale securities	17	30	46	48
Losses on available-for-sale securities	0	(19)	0	(19)
Subtotal	17	11	46	29
Hedge ineffectiveness	(4)	(2)	(8)	0
Equity method investment income (loss) and other	1	3	(4)	8
Gains (losses) on securities and other, net	$ 14	$ (358)	$ 34	$ (333)

Loans Receivable, Net (Details)

Loans Receivable, Net (Details) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Loans Receivable, Net [Abstract]
One- to four-family	$ 2,094		$ 2,488
Home equity	1,685		2,114
Consumer and other	271		341
Total loans receivable	4,050		4,943
Unamortized premiums, net	17		23
Allowance for loan losses	(235)	$ (293)	(353)	$ (376)	$ (402)	$ (404)
Total loans receivable, net	3,832		4,613
Loans Pledged Federal Home Loan Bank	3,400		4,200
Loans Pledged Federal Reserve Bank	300		300
Financing Receivable, Allowance for Credit Losses, Additional Information [Line Items]
Loans collectively evaluated for impairment, recorded investment	3,607		4,478
Loans individually evaluated for impairment, recorded investment	460		488
Total recorded investment in loans receivable	4,067		4,966
Loans collectively evaluated for impairment, allowance for loan losses	178		292
Loans individually evaluated for impairment, allowance for loan losses	57		61
Allowance for loan losses	235	293	353	376	402	404
One- To Four-Family [Member]
Loans Receivable, Net [Abstract]
Allowance for loan losses	(47)	(42)	(40)	(39)	(49)	(27)
Financing Receivable, Allowance for Credit Losses, Additional Information [Line Items]
Loans collectively evaluated for impairment, recorded investment	1,850		2,219
Loans individually evaluated for impairment, recorded investment	258		286
Loans collectively evaluated for impairment, allowance for loan losses	41		31
Loans individually evaluated for impairment, allowance for loan losses	6		9
Allowance for loan losses	47	42	40	39	49	27
Home Equity [Member]
Loans Receivable, Net [Abstract]
Allowance for loan losses	(183)	(245)	(307)	(330)	(345)	(367)
Financing Receivable, Allowance for Credit Losses, Additional Information [Line Items]
Loans collectively evaluated for impairment, recorded investment	1,484		1,915
Loans individually evaluated for impairment, recorded investment	202		202
Loans collectively evaluated for impairment, allowance for loan losses	132		255
Loans individually evaluated for impairment, allowance for loan losses	51		52
Allowance for loan losses	183	245	307	330	345	367
Consumer And Other [Member]
Loans Receivable, Net [Abstract]
Allowance for loan losses	(5)	(6)	(6)	(7)	(8)	(10)
Financing Receivable, Allowance for Credit Losses, Additional Information [Line Items]
Loans collectively evaluated for impairment, recorded investment	273		344
Loans collectively evaluated for impairment, allowance for loan losses	5		6
Allowance for loan losses	$ 5	$ 6	$ 6	$ 7	$ 8	$ 10

Loans Receivable, Net (Details

Loans Receivable, Net (Details - Credit Quality) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Credit Quality Indicators [Line Items]
Average Age, Financing Receivable	10 years 7 months 6 days		9 years 10 months 24 days
Greater Than 10% of Loans, States Other than California, Count	0	0	0
CALIFORNIA | One- To Four-Family and Home Equity Benchmark [Member] | Financing Receivables, State, Risk [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	36.00%		37.00%
One- To Four-Family [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	$ 2,094,000,000	$ 2,094,000,000	$ 2,488,000,000
Average estimated current LTV/CLTV	74.00%	74.00%	77.00%
Average LTV/CLTV at loan origination	71.00%	71.00%	71.00%
One- To Four-Family [Member] | Minimum [Member]
Credit Quality Indicators [Line Items]
Loans, Interest-Only Period	5 years
Loans, Amortization Period	20 years
One- To Four-Family [Member] | Maximum [Member]
Credit Quality Indicators [Line Items]
Loans, Interest-Only Period	10 years
Loans, Amortization Period	25 years
One- To Four-Family [Member] | One- To Four-Family Benchmark [Member] | Interest Only Not Yet Amortizing Risk [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	31.00%
One- To Four-Family [Member] | One- To Four-Family Benchmark [Member] | Interest only, Already Amortizing
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	69.00%
One- To Four-Family [Member] | One- To Four-Family Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2016
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	7.00%
One- To Four-Family [Member] | One- To Four-Family Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2017
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	24.00%
One- To Four-Family [Member] | One- To Four-Family Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2018 or later
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	0.00%
One- To Four-Family [Member] | Interest Only Not Yet Amortizing [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 2500 Risk [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage		15.00%
Annual Principal Payment Threshold		$ 2,500
One- To Four-Family [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 2500 [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 10000 Risk [Member]
Credit Quality Indicators [Line Items]
Annual Principal Payment Threshold		$ 10,000
One- To Four-Family [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 2500 [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 10000 Risk [Member] | Maximum [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage		50.00%
One- To Four-Family [Member] | FICO Score, Greater than 720 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	$ 1,224,000,000	$ 1,224,000,000	$ 1,423,000,000
One- To Four-Family [Member] | FICO Score, 719 to 700 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	189,000,000	189,000,000	246,000,000
One- To Four-Family [Member] | FICO Score, 699 to 680 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	149,000,000	149,000,000	198,000,000
One- To Four-Family [Member] | FICO Score, 679 to 660 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	132,000,000	132,000,000	150,000,000
One- To Four-Family [Member] | FICO Score, 659 to 620 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	166,000,000	166,000,000	198,000,000
One- To Four-Family [Member] | FICO Score, Less than 620 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	234,000,000	234,000,000	273,000,000
One- To Four-Family [Member] | Current FICO Score Not Available [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	31,000,000	31,000,000	39,000,000
One- To Four-Family [Member] | LTV Less than 80 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	1,368,000,000	1,368,000,000	1,519,000,000
One- To Four-Family [Member] | LTV 80 to 100 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	462,000,000	462,000,000	609,000,000
One- To Four-Family [Member] | LTV 100 to 120 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	162,000,000	162,000,000	227,000,000
One- To Four-Family [Member] | LTV Greater than 120 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	102,000,000	102,000,000	133,000,000
Home Equity [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	$ 1,685,000,000	$ 1,685,000,000	$ 2,114,000,000
Average estimated current LTV/CLTV	88.00%	88.00%	90.00%
Average LTV/CLTV at loan origination	81.00%	81.00%	81.00%
Home Equity [Member] | Minimum [Member]
Credit Quality Indicators [Line Items]
Loans, Draw Period	5 years
Home Equity [Member] | Maximum [Member]
Credit Quality Indicators [Line Items]
Loans, Draw Period	10 years
Home Equity [Member] | Interest Only Not Yet Amortizing [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 500 Risk [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage		40.00%
Annual Principal Payment Threshold		$ 500
Home Equity [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 500 [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 2500 Risk [Member]
Credit Quality Indicators [Line Items]
Annual Principal Payment Threshold		$ 2,500
Home Equity [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 500 [Member] | Interest Only Not Yet Amortizing Borrowers Paying Minimum 2500 Risk [Member] | Maximum [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage		50.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Interest Only Not Yet Amortizing Risk [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	27.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Interest only, Already Amortizing
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	73.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2016
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	12.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2017
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	14.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Interest Only Conversion to Amortizing Loans, Year Ending December 31, 2018 or later
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	1.00%
Home Equity [Member] | Home Equity Line of Credit Benchmark [Member] | Balloon Loan, Percentage [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	1.00%
Home Equity [Member] | Home Equity Benchmark [Member] | Financing Receivables in First Lien Position, Percentage [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	13.00%
Home Equity [Member] | Home Equity Benchmark [Member] | Financing Receivables in the First and Second Lien Position, Percent [Member] | Maximum [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	1.00%
Home Equity [Member] | Home Equity Benchmark [Member] | Home Equity Installment Loans, Percentage [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	18.00%
Home Equity [Member] | Home Equity Benchmark [Member] | Home Equity Line of Credit, Percentage [Member]
Credit Quality Indicators [Line Items]
Concentration Risk, Percentage	82.00%
Home Equity [Member] | FICO Score, Greater than 720 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	$ 852,000,000	$ 852,000,000	$ 1,069,000,000
Home Equity [Member] | FICO Score, 719 to 700 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	163,000,000	163,000,000	222,000,000
Home Equity [Member] | FICO Score, 699 to 680 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	145,000,000	145,000,000	183,000,000
Home Equity [Member] | FICO Score, 679 to 660 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	125,000,000	125,000,000	152,000,000
Home Equity [Member] | FICO Score, 659 to 620 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	161,000,000	161,000,000	203,000,000
Home Equity [Member] | FICO Score, Less than 620 [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	239,000,000	239,000,000	285,000,000
Home Equity [Member] | Current FICO Score Not Available [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	2,000,000	2,000,000	3,000,000
Home Equity [Member] | LTV Less than 80 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	721,000,000	721,000,000	843,000,000
Home Equity [Member] | LTV 80 to 100 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	448,000,000	448,000,000	549,000,000
Home Equity [Member] | LTV 100 to 120 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	308,000,000	308,000,000	420,000,000
Home Equity [Member] | LTV Greater than 120 Percent [Member]
Credit Quality Indicators [Line Items]
Total mortgage loans receivable	$ 208,000,000	$ 208,000,000	$ 302,000,000

Loans Receivable, Net (Detail58

Loans Receivable, Net (Details - Aging) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Aging [Abstract]
Loans receivable, Current	$ 3,748	$ 3,748	$ 4,591
One- to four-family	2,094	2,094	2,488
Home equity	1,685	1,685	2,114
Consumer and other	271	271	341
Total loans receivable	$ 4,050	4,050	4,943
Threshold, Period Past Due, Nonaccrual Financing Receivable	90 days
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Real Estate Acquired Through Foreclosure	$ 30	30	27
Mortgage Loans in Process of Foreclosure, Amount	104	104	108
Nonperforming Financial Instruments [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Nonaccrual Status	380	380	418
Financing Receivables, 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	107	107	130
Financing Receivables, 90 To 179 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	43	43	58
Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	152	152	164
One- To Four-Family [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Loans receivable, Current	1,913	1,913	2,279
One- To Four-Family [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Nonaccrual Status	230	230	263
One- To Four-Family [Member] | Financing Receivables, 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	65	65	72
One- To Four-Family [Member] | Financing Receivables, 90 To 179 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	19	19	26
One- To Four-Family [Member] | Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	97	97	111
Home Equity [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Loans receivable, Current	1,568	$ 1,568	1,978
Home Equity [Member] | Junior Lien [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Loans and Leases Receivable, Loss Severity		92.00%
Home Equity [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Nonaccrual Status	150	$ 150	154
Home Equity [Member] | Financing Receivables, 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	38	38	52
Home Equity [Member] | Financing Receivables, 90 To 179 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	24	24	31
Home Equity [Member] | Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	55	55	53
Consumer And Other [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Loans receivable, Current	267	267	334
Consumer And Other [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Nonaccrual Status	0	0	1
Consumer And Other [Member] | Financing Receivables, 30 To 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	4	4	6
Consumer And Other [Member] | Financing Receivables, 90 To 179 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	0	0	1
Consumer And Other [Member] | Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Financing Receivable, Recorded Investment, Past Due	$ 0	$ 0	$ 0

Loans Receivable, Net (Detail59

Loans Receivable, Net (Details - Allowance) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Financing Receivables, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of period	$ 293	$ 402	$ 353	$ 404
Provision (benefit) for loan losses	(62)	(25)	(131)	(17)
Charge-offs	(5)	(9)	(19)	(37)
Recoveries	9	8	32	26
Net (charge-offs) recoveries	4	(1)	13	(11)
Allowance for loan losses, end of period	$ 235	376	235	376
Increase (Decrease) in Finance Receivables			$ (800)
Financing Receivable, Allowance for Credit Losses, Percentage of Gross Loans Receivable	5.80%		5.80%		7.10%
One- To Four-Family [Member]
Financing Receivables, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of period	$ 42	49	$ 40	27
Provision (benefit) for loan losses	2	(10)	2	15
Charge-offs	0	0	(1)	(3)
Recoveries	3	0	6	0
Net (charge-offs) recoveries	3	0	5	(3)
Allowance for loan losses, end of period	47	39	47	39
Home Equity [Member]
Financing Receivables, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of period	245	345	307	367
Provision (benefit) for loan losses	(64)	(15)	(134)	(32)
Charge-offs	(4)	(7)	(13)	(26)
Recoveries	6	7	23	21
Net (charge-offs) recoveries	2	0	10	(5)
Allowance for loan losses, end of period	183	330	183	330
Home Equity [Member] | Risk Level, High [Member]
Financing Receivables, Allowance for Credit Losses [Line Items]
Provision (benefit) for loan losses	40
Consumer And Other [Member]
Financing Receivables, Allowance for Credit Losses [Line Items]
Allowance for loan losses, beginning of period	6	8	6	10
Provision (benefit) for loan losses	0	0	1	0
Charge-offs	(1)	(2)	(5)	(8)
Recoveries	0	1	3	5
Net (charge-offs) recoveries	(1)	(1)	(2)	(3)
Allowance for loan losses, end of period	$ 5	$ 7	$ 5	$ 7

Loans Receivable, Net (Detail60

Loans Receivable, Net (Details - TDRs Accrual and Nonaccrual) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Recorded Investment in TDRs	$ 460	$ 488
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	325	334
Financing Receivable, Troubled Debt Restructurings, Bankruptcy Notifications	135	154
Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Accrual TDRs	216	226
Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual TDRs, Current	146	148
Nonaccrual TDRs, 30-89 Days Delinquent	26	30
Nonaccrual TDRs, 90-179 Days Delinquent	9	16
Nonaccrual TDRs, 180 Plus Days Delinquent	63	68
One- To Four-Family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in TDRs	258	286
TDR unpaid principal balance	256	283
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	156	170
One- To Four-Family [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Accrual TDRs	100	106
One- To Four-Family [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual TDRs, Current	96	106
Nonaccrual TDRs, 30-89 Days Delinquent	18	19
Nonaccrual TDRs, 90-179 Days Delinquent	4	8
Nonaccrual TDRs, 180 Plus Days Delinquent	40	47
Home Equity [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment in TDRs	202	202
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	169	164
Home Equity [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Accrual TDRs	116	120
Home Equity [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual TDRs, Current	50	42
Nonaccrual TDRs, 30-89 Days Delinquent	8	11
Nonaccrual TDRs, 90-179 Days Delinquent	5	8
Nonaccrual TDRs, 180 Plus Days Delinquent	$ 23	$ 21

Loans Receivable, Net (Detail61

Loans Receivable, Net (Details - TDRs Average Investment and Income) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Financing Receivable, Impaired [Line Items]
TDRs, Average Recorded Investment	$ 469	$ 512	$ 480	$ 523
TDRs, Interest Income Recognized	7	7	20	20
One- To Four-Family [Member]
Financing Receivable, Impaired [Line Items]
TDRs, Average Recorded Investment	264	300	275	307
TDRs, Interest Income Recognized	2	3	7	7
Home Equity [Member]
Financing Receivable, Impaired [Line Items]
TDRs, Average Recorded Investment	205	212	205	216
TDRs, Interest Income Recognized	$ 5	$ 4	$ 13	$ 13

Loans Receivable, Net (Detail62

Loans Receivable, Net (Details - TDRs Specific Valuation Allowance) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Impaired Financing Receivable With And With No Related Allowance [Line Items]
Recorded Investment in TDRs	$ 460	$ 488
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	57	61
One- To Four-Family [Member]
Impaired Financing Receivable With And With No Related Allowance [Line Items]
Impaired Financing Receivable, With Related Allowance, Recorded Investment	61	72
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	197	214
Recorded Investment in TDRs	258	286
Impaired Financing Receivable, Related Allowance	6	9
Impaired Financing Receivable, with Related Allowance, Net Investment	55	63
Impaired Financing Receivable, with No Related Allowance, Net Investment	197	214
Impaired Financing Receivables, Net Investment, Total	252	277
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	6	9
Home Equity [Member]
Impaired Financing Receivable With And With No Related Allowance [Line Items]
Impaired Financing Receivable, With Related Allowance, Recorded Investment	112	111
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	90	91
Recorded Investment in TDRs	202	202
Impaired Financing Receivable, Related Allowance	51	52
Impaired Financing Receivable, with Related Allowance, Net Investment	61	59
Impaired Financing Receivable, with No Related Allowance, Net Investment	90	91
Impaired Financing Receivables, Net Investment, Total	151	150
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$ 51	$ 52

Loans Receivable, Net (Detail63

Loans Receivable, Net (Details - Modifications Delinquency) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Modifications [Line Items]
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, Current	$ 276	$ 277
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 30 To 89 Days Past Due	16	19
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 90 To 179 Days Past Due	6	11
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 180 Plus Days Past Due	27	27
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	325	334
Financing Receivable, Troubled Debt Restructuring, Modification And Bankruptcy Notification, Recorded Investment	44	42
One- To Four-Family [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, Current	130	138
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 30 To 89 Days Past Due	10	11
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 90 To 179 Days Past Due	2	5
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 180 Plus Days Past Due	14	16
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	156	170
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, Current	146	139
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 30 To 89 Days Past Due	6	8
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 90 To 179 Days Past Due	4	6
Financing Receivable, Troubled Debt Restructuring, Modification, Recorded Investment, 180 Plus Days Past Due	13	11
Financing Receivable, Troubled Debt Restructurings, Modifications, Total1	$ 169	$ 164

Loans Receivable, Net (Detail64

Loans Receivable, Net (Details - Modifications Specific Valuation Allowance) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Modifications [Line Items]
Recorded Investment in Modifications before Charge-offs	$ 479	$ 500
Charge-offs	(154)	(166)
Recorded Investment in Modifications	325	334
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	(57)	(61)
Net Investment in Modifications	$ 268	$ 273
Specific Valuation Allowance as a % of Modifications	17.00%	18.00%
Total Expected Losses	44.00%	45.00%
One- To Four-Family [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment in Modifications before Charge-offs	$ 200	$ 216
Charge-offs	(44)	(46)
Recorded Investment in Modifications	156	170
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	(6)	(9)
Net Investment in Modifications	$ 150	$ 161
Specific Valuation Allowance as a % of Modifications	4.00%	5.00%
Total Expected Losses	25.00%	25.00%
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment in Modifications before Charge-offs	$ 279	$ 284
Charge-offs	(110)	(120)
Recorded Investment in Modifications	169	164
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	(51)	(52)
Net Investment in Modifications	$ 118	$ 112
Specific Valuation Allowance as a % of Modifications	30.00%	32.00%
Total Expected Losses	57.00%	61.00%

Loans Receivable, Net (Detail65

Loans Receivable, Net (Details - Modifications Types and Financial Impact) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | loan	113	52	491	321
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 11	$ 8	$ 45	$ 31
Re-Age Extension or Interest Capitalization with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	4	5	15	10
Other with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	1	3	2
Other without Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 7	$ 2	$ 27	$ 19
One- To Four-Family [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | loan	11	12	32	28
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 4	$ 5	$ 12	$ 9
One- To Four-Family [Member] | Re-Age Extension or Interest Capitalization with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	2	4	8	7
One- To Four-Family [Member] | Other with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	0	0	0
One- To Four-Family [Member] | Other without Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 2	$ 1	$ 4	$ 2
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | loan	102	40	459	293
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 7	$ 3	$ 33	$ 22
Home Equity [Member] | Re-Age Extension or Interest Capitalization with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	2	1	7	3
Home Equity [Member] | Other with Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	1	3	2
Home Equity [Member] | Other without Interest Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	5	$ 1	23	17
Home Equity [Member] | Other without Interest Rate Reduction [Member] | Fixed Rate Lock Loan Modification Program 1 [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment			$ 15	$ 14
Home Equity [Member] | Other without Interest Rate Reduction [Member] | Less than [Member] | Fixed Rate Lock Loan Modification Program 1 [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 1

Loans Receivable, Net (Detail66

Loans Receivable, Net (Details - Modifications Subsequent Defaults) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan
Financing Receivable, Modifications [Line Items]
Troubled Debt Restructurings - Modifications, Payment Defaults, Number of Loans | loan	20	13	57	83
Troubled Debt Restructurings - Modifications, Payment Defaults, Recorded Investment	$ 1	$ 2	$ 6	$ 6
One- To Four-Family [Member]
Financing Receivable, Modifications [Line Items]
Troubled Debt Restructurings - Modifications, Payment Defaults, Number of Loans | loan	1	2	8	4
Troubled Debt Restructurings - Modifications, Payment Defaults, Recorded Investment	$ 0	$ 1	$ 3	$ 2
Troubled Debt Restructurings - Modifications that Subsequently Defaulted that were Classified as Current at Period End			$ 1
One- To Four-Family [Member] | Less than [Member]
Financing Receivable, Modifications [Line Items]
Troubled Debt Restructurings - Modifications that Subsequently Defaulted that were Classified as Current at Period End	$ 1	$ 1		$ 1
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Troubled Debt Restructurings - Modifications, Payment Defaults, Number of Loans | loan	19	11	49	79
Troubled Debt Restructurings - Modifications, Payment Defaults, Recorded Investment	$ 1	$ 1	$ 3	$ 4
Troubled Debt Restructurings - Modifications that Subsequently Defaulted that were Classified as Current at Period End	$ 1		$ 2	$ 3
Home Equity [Member] | Less than [Member]
Financing Receivable, Modifications [Line Items]
Troubled Debt Restructurings - Modifications that Subsequently Defaulted that were Classified as Current at Period End		$ 1

Derivative Instruments and He67

Derivative Instruments and Hedging Activities (Details - Fair Value of Derivatives) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations	$ 4,400
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring		$ 0	$ 370	$ 0	$ 370
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		2,295		2,295		$ 2,204
Derivative Asset		4		4		10
Derivative Liability		(131)		(131)		(55)
Derivative Asset (Liability), Net		(127)		(127)		(45)
Legacy wholesale funding obligations
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations			4,400
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring			$ 370
Fair Value Hedging [Member] | Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		2,295		2,295		2,204
Derivative Asset		4		4		10
Derivative Liability		(131)		(131)		(55)
Derivative Asset (Liability), Net		$ (127)		$ (127)		$ (45)

Derivative Instruments and He68

Derivative Instruments and Hedging Activities (Details - Fair Value Hedge) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value Hedge, Hedging Instrument	$ 15	$ (102)	$ (189)	$ (47)
Fair Value Hedge, Hedged Item	(19)	100	181	47
Fair Value Hedge, Hedge Ineffectiveness	(4)	(2)	(8)	0
Agency Debentures [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value Hedge, Hedging Instrument	1	(30)	(89)	(15)
Fair Value Hedge, Hedged Item	(3)	30	85	15
Fair Value Hedge, Hedge Ineffectiveness	(2)	0	(4)	0
Agency mortgage-backed securities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value Hedge, Hedging Instrument	14	(72)	(100)	(32)
Fair Value Hedge, Hedged Item	(16)	70	96	32
Fair Value Hedge, Hedge Ineffectiveness	$ (2)	$ (2)	$ (4)	$ 0

Deposits (Details)

Deposits (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Deposits By Type [Abstract]
Sweep deposits	$ 26,464	$ 24,018
Complete savings deposits	3,182	3,357
Checking deposits	1,252	1,239
Other money market and savings deposits	765	792
Time deposits	34	39
Total deposits	$ 31,697	$ 29,445
Deposits, Weighted Average Rates [Abstract]
Sweep deposits, weighted-average rate	0.01%	0.01%
Complete savings deposits, weighted-average rate	0.01%	0.01%
Checking deposits, weighted-average rate	0.03%	0.03%
Other money market and savings deposits, weighted-average rate	0.01%	0.01%
Time deposits, weighted-average rate	0.18%	0.38%
Total deposits, weighted-average rate	0.01%	0.01%
Deposits Textuals [Abstract]
Non-interest-bearing deposits	$ 172	$ 173

Other Borrowings (Details)

Other Borrowings (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Nov. 30, 2014USD ($)
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations	$ 4,400,000,000
Gain (Loss) on Extinguishment of Debt		$ 0	$ (39,000,000)	$ 0	$ (112,000,000)
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring		0	370,000,000	0	$ 370,000,000
Line of Credit Facility [Line Items]
Other borrowings		409,000,000		409,000,000		$ 491,000,000
E TRADE Clearing [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		1,100,000,000		1,100,000,000
Line of Credit Facility, Fair Value of Amount Outstanding		0		0
Legacy wholesale funding obligations
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations			4,400,000,000
Pre-tax charge related to the termination of legacy wholesale funding obligations			413,000,000
Gain (Loss) on Extinguishment of Debt			(43,000,000)
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring			370,000,000
Trust preferred securities
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations			14,000,000
Gain (Loss) on Extinguishment of Debt			$ 4,000,000
Trust preferred securities
Line of Credit Facility [Line Items]
Other borrowings		$ 409,000,000		409,000,000		409,000,000
Debt instrument maturity year		2,031
Repurchase agreements
Line of Credit Facility [Line Items]
Other borrowings		$ 0		0		82,000,000
Securities Sold Under Agreements To Repurchase Maximum Month end Outstanding Amount						$ 3,800,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		250,000,000		250,000,000			$ 200,000,000
Line of Credit Facility, Fair Value of Amount Outstanding		0		0
Revolving Credit Facility [Member] | E TRADE Clearing [Member] | Revolving Credit Facility, Maturing June 2017 [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 400,000,000		$ 400,000,000
Secured Committed Line of Credit [Member] | E TRADE Clearing [Member]
Line of Credit Facility [Line Items]
Lines of Credit. Number of Creditors		2		2
Secured Committed Line of Credit [Member] | E TRADE Clearing [Member] | Line of Credit, Maturing June 2017 [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 175,000,000		$ 175,000,000
Unsecured Uncommitted Line of Credit Member [Member] | E TRADE Clearing [Member]
Line of Credit Facility [Line Items]
Lines of Credit. Number of Creditors		2		2
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000,000		$ 100,000,000
Unsecured Uncommitted Line of Credit Member [Member] | E TRADE Clearing [Member] | Line of Credit, Maturing June 2017 [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		75,000,000		75,000,000
Secured Uncommitted Line of Credit [Member] | E TRADE Clearing [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 375,000,000		$ 375,000,000

Corporate Debt (Details)

Corporate Debt (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
	Feb. 28, 2015	Sep. 30, 2016	Sep. 30, 2015	Mar. 31, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Nov. 30, 2014
Debt Disclosure (Textuals) [Abstract]
Losses on early extinguishment of debt, net		$ 0	$ 39		$ 0	$ 112
Corporate Debt Securities [Member]
Debt Instrument [Line Items]
Face Value		1,003			1,003		$ 1,008
Unamortized discount		(9)			(9)		(11)
Total corporate debt		994			994		997
Interest Bearing Total [Member] | Corporate Debt Securities [Member]
Debt Instrument [Line Items]
Face Value		1,000			1,000		1,000
Unamortized discount		(9)			(9)		(11)
Total corporate debt		$ 991			991		$ 989
Senior Notes Interest Bearing Five and Three Eighths Percent [Member]
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument maturity year		2,022					2,022
Senior Notes Interest Bearing Five and Three Eighths Percent [Member] | Corporate Debt Securities [Member]
Debt Instrument [Line Items]
Face Value		$ 540			540		$ 540
Unamortized discount		(4)			(4)		(6)
Total corporate debt		$ 536			$ 536		$ 534
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument, interest rate, stated percentage		5.375%			5.375%		5.375%
Senior Notes Interest Bearing Four And Five Eighths Percent [Member]
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument maturity year		2,023		2,023			2,023
Senior Notes Interest Bearing Four And Five Eighths Percent [Member] | Corporate Debt Securities [Member]
Debt Instrument [Line Items]
Face Value		$ 460		$ 460	$ 460		$ 460
Unamortized discount		(5)			(5)		(5)
Total corporate debt		$ 455			$ 455		$ 455
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument, interest rate, stated percentage		4.625%		4.625%	4.625%		4.625%
Noninterest Bearing Convertible Debentures [Member]
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument maturity year		2,019					2,019
Noninterest Bearing Convertible Debentures [Member] | Corporate Debt Securities [Member]
Debt Instrument [Line Items]
Face Value		$ 3			$ 3		$ 8
Unamortized discount		0			0		0
Total corporate debt		$ 3			$ 3		$ 8
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument, interest rate, stated percentage		0.00%			0.00%		0.00%
Senior Notes Interest Bearing Six And Three Eighths Percent [Member]
Debt Disclosure (Textuals) [Abstract]
Repayments of Long-Term Debt and Associated Premiums, Interest and Fees				$ 432
Losses on early extinguishment of debt, net				73
Debt Instrument, Redemption Premium				$ 68
Senior Notes Interest Bearing Six And Three Eighths Percent [Member] | Corporate Debt Securities [Member]
Debt Instrument Interest Rate Stated Percentage [Abstract]
Debt instrument, interest rate, stated percentage				6.375%
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 250			$ 250			$ 200
Line of Credit Facility, Increase (Decrease), Net	$ 50
Line of Credit Facility, Fair Value of Amount Outstanding		$ 0			0
Line of Credit Facility, Expiration Date		Nov. 30, 2017
Line of Credit Facility, Unrestricted Cash Minimum		$ 100			$ 100

Income Taxes (Details - Textual

Income Taxes (Details - Textual) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
Income tax expense (benefit)	$ 86		$ (93)		$ 208	$ (245)
Effective tax rate	38.00%		38.00%		33.00%	372.00%
Income tax expense (benefit) due to change in tax status		$ (31)
Tax Years 2007, 2009 and 2010 [Member]
Income Tax Contingency [Line Items]
Income Tax Benefit, Resulting from Settlements with Taxing Authorities				$ 220

Income Taxes (Details - Deferre

Income Taxes (Details - Deferred Taxes and Valuation Allowance) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Components of Deferred Tax Assets and Liabilities [Abstract]
Total deferred tax assets	$ 1,266	$ 1,548
Valuation allowance	(42)	(82)
Total deferred tax assets, net of valuation allowance	1,224	1,466
Total deferred tax liabilities	(499)	(433)
Deferred tax assets, net	$ 725	$ 1,033

Shareholders' Equity (Details -

Shareholders' Equity (Details - Accumulated Other Comprehensive Income (Loss)) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance,	$ 46	$ (14)	$ (99)	$ (253)	$ (211)	$ (249)	$ (99)	$ (249)
Other comprehensive income (loss), before reclassifications	(3)	(69)	(94)	(12)	53	(28)
Amounts reclassified from accumulated other comprehensive income (loss)	(10)	(9)	(9)	232	11	10
Other comprehensive income (loss)	(7)	60	85	244	(42)	38	138	240
Ending balance,	39	46	(14)	(9)	(253)	(211)	39	(9)
Unamortized unrealized losses related to transfer of available-for-sale securities to held-to-maturity	8						8
Available-for-sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance,	44	(16)	(101)	(24)	40	7	(101)	7
Other comprehensive income (loss), before reclassifications	(3)	(69)	(94)	(17)	59	(39)
Amounts reclassified from accumulated other comprehensive income (loss)	(10)	(9)	(9)	(7)	(5)	(6)
Other comprehensive income (loss)	(7)	60	85	10	(64)	33
Ending balance,	37	44	(16)	(14)	(24)	40	37	(14)
Cash flow hedging instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance,	0	0	0	(234)	(256)	(261)	0	(261)
Other comprehensive income (loss), before reclassifications	0	0	0	5	(6)	11
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0	239	16	16
Other comprehensive income (loss)	0	0	0	234	22	5
Ending balance,	0	0	0	0	(234)	(256)	0	0
Foreign currency translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance,	2	2	2	5	5	5	2	5
Other comprehensive income (loss), before reclassifications	0	0	0	0	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0	0	0	0
Other comprehensive income (loss)	0	0	0	0	0	0
Ending balance,	$ 2	$ 2	$ 2	$ 5	$ 5	$ 5	$ 2	$ 5

Shareholder's Equity Shareholde

Shareholder's Equity Shareholders' Equity (Details - Other Comprehensive Income Activity) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2016	Sep. 30, 2015
Available-for-sale securities, before tax
Unrealized gains (losses), before tax	$ 5			$ 28			$ 269	$ (5)
Reclassification into earnings, before tax	(17)			(11)			(46)	(29)
Net change from available-for-sale securities, before tax	(12)			17			223	(34)
Cash flow hedging instruments, before tax
Unrealized gains (losses), before tax	0			(8)			0	(17)
Reclassification into earnings, before tax	0			387			0	439
Net change from cash flow hedging instruments, before tax	0			379			0	422
Available-for-sale securities, tax effect
Unrealized gains (losses), tax effect	(2)			(11)			(103)	2
Reclassification into earnings, tax effect	7			4			18	11
Net change from available-for-sale securities, tax effect	5			(7)			(85)	13
Cash flow hedging instruments, tax effect
Unrealized gains (losses), tax effect	0			3			0	7
Reclassification into earnings, tax effect	0			(148)			0	(168)
Net change from cash flow hedging instruments, tax effect	0			(145)			0	(161)
Available-for-sale securities, after tax
Unrealized gains (losses), after tax	3			17			166	(3)
Reclassification into earnings, after tax	(10)			(7)			(28)	(18)
Net change from available-for-sale securities	(7)			10			138	(21)
Cash flow hedging instruments, after tax
Unrealized gains (losses), after tax	0			(5)			0	(10)
Reclassification into earnings, after tax	0			239			0	271
Net change from cash flow hedging instruments	0			234			0	261
Other comprehensive income (loss), before tax	(12)			396			223	388
Other comprehensive income (loss), tax effect	5			(152)			(85)	(148)
Other comprehensive income (loss)	$ (7)	$ 60	$ 85	$ 244	$ (42)	$ 38	$ 138	$ 240

Shareholders' Equity (Details76

Shareholders' Equity (Details - Reclassification Out Of Accumulated Other Comprehensive Income (Loss)) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income (Loss) [Line Items]
Gains (losses) on securities and other, net	$ 14	$ (358)	$ 34	$ (333)
Interest expense	(22)	(48)	(63)	(172)
Reclassification into earnings, before tax	225	(246)	633	(66)
Income tax (expense) benefit	(86)	93	(208)	245
Net income (loss)	139	(153)	425	179
Available-for-sale securities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income (Loss) [Line Items]
Gains (losses) on securities and other, net	17	11	46	29
Income tax (expense) benefit	(7)	(4)	(18)	(11)
Net income (loss)	10	7	28	18
Cash flow hedging instruments | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income (Loss) [Line Items]
Gains (losses) on securities and other, net	0	(370)	0	(370)
Interest expense	0	(17)	0	(69)
Reclassification into earnings, before tax	0	(387)	0	(439)
Income tax (expense) benefit	0	148	0	168
Net income (loss)	$ 0	$ (239)	$ 0	$ (271)

Shareholders Equity (Details -

Shareholders Equity (Details - Textuals) - USD ($) $ / shares in Units, $ in Millions	Aug. 25, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Nov. 19, 2015
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations		$ 4,400
Losses on early extinguishment of debt, net			$ 0	$ 39		$ 0	$ 112
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring			$ 0	370		0	370
Conversions of Convertible Debt
Conversion of convertible debentures						$ 5	$ 4
Conversion of convertible debentures, shares						500,000	300,000
Proceeds from issuance of preferred stock						$ 400	$ 0
Preferred stock, par value			$ 0.01			$ 0.01
Preferred stock, liquidation preference			$ 1,000			$ 1,000
Share Repurchases
Repurchases of stock						$ 452
Common Stock
Conversions of Convertible Debt
Conversion of convertible debentures, shares						1,000,000	0
Share Repurchases
Repurchases of stock, shares						19,000,000
November 2015 Plan | Common Stock
Share Repurchases
Repurchases of stock, authorized amount								$ 800
Repurchases of stock			$ 0		$ 452
Repurchases of stock, shares					19,000,000
Repurchase of stock, aggregate amount			$ 502			$ 502
Repurchase of stock, aggregate shares			20,600,000			20,600,000
Repurchases of stock, remaining authorized amount			$ 298			$ 298
Legacy wholesale funding obligations
Termination of legacy wholesale funding [Line Items]
Termination of legacy wholesale funding obligations				4,400
Pre-tax charge related to the termination of legacy wholesale funding obligations				413
Losses on early extinguishment of debt, net				43
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring				$ 370
Series A fixed-to-floating rate non-cumulative perpetual preferred stock
Issuance of preferred stock, shares	400,000
Proceeds from issuance of preferred stock	$ 400
Proceeds from issuance of preferred stock, net of issuance cost	$ 394
Preferred stock, par value	$ 0.01
Preferred stock, liquidation preference	$ 1,000
Preferred stock, dividend rate	5.875%
Preferred stock dividend declared			$ 0

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Basic:
Net income (loss)	$ 139	$ (153)	$ 425	$ 179
Basic weighted-average shares outstanding (in thousands)	274,362	290,480	278,864	290,105
Basic earnings (loss) per share (in dollars per share)	$ 0.51	$ (0.53)	$ 1.53	$ 0.62
Diluted:
Net income (loss)	$ 139	$ (153)	$ 425	$ 179
Basic weighted-average shares outstanding (in thousands)	274,362	290,480	278,864	290,105
Effect of dilutive securities:
Weighted-average convertible debentures (in thousands)	318	0	411	3,517
Weighted-average options and restricted stock issued to employees (in thousands)	792	0	861	1,376
Diluted weighted-average shares outstanding (in thousands)	275,472	290,480	280,136	294,998
Diluted earnings (loss) per share (in dollars per share)	$ 0.51	$ (0.53)	$ 1.52	$ 0.61
Antidilutive securities excluded from calculation of earnings per share [Line Items]
Antidilutive securities excluded from the calculation of diluted earnings (loss) per share	200	4,700	100	100
Convertible debentures
Antidilutive securities excluded from calculation of earnings per share [Line Items]
Antidilutive securities excluded from the calculation of diluted earnings (loss) per share	0	3,300	0	0
Stock options and restricted stock awards and units excluded as a result of net loss
Antidilutive securities excluded from calculation of earnings per share [Line Items]
Antidilutive securities excluded from the calculation of diluted earnings (loss) per share	0	1,300	0	0
Stock options and restricted stock awards and units
Antidilutive securities excluded from calculation of earnings per share [Line Items]
Antidilutive securities excluded from the calculation of diluted earnings (loss) per share	200	100	100	100

Regulatory Requirements (Detail

Regulatory Requirements (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Minimum Net Capital Required [Abstract]
Minimum percentage of net capital required for broker dealer subsidiary aggregate indebtedness	6.67%
Alternative net capital requirement	$ 250,000
Minimum percentage of aggregate debit balances	2.00%
Percentage of total risk margin requirements for client accounts	8.00%
Percentage of total risk margin requirements for non client accounts	8.00%
Broker Dealer Subsidiaries Net Capital [Line Items]
Required Net Capital	$ 153,000,000	$ 162,000,000
Net Capital	991,000,000	1,071,000,000
Excess Net Capital	838,000,000	909,000,000
E TRADE Clearing [Member]
Broker Dealer Subsidiaries Net Capital [Line Items]
Required Net Capital	151,000,000	161,000,000
Net Capital	884,000,000	1,007,000,000
Excess Net Capital	733,000,000	846,000,000
Dividends from subsidiaries paid to parent company	227,000,000
E TRADE Securities [Member]
Broker Dealer Subsidiaries Net Capital [Line Items]
Required Net Capital	1,000,000	250,000
Net Capital	75,000,000	49,000,000
Excess Net Capital	74,000,000	49,000,000
Dividends from subsidiaries paid to parent company	108,000,000
OptionsHouse [Member]
Broker Dealer Subsidiaries Net Capital [Line Items]
Required Net Capital	1,000,000
Net Capital	15,000,000
Excess Net Capital	14,000,000
Other Broker Dealers [Member]
Broker Dealer Subsidiaries Net Capital [Line Items]
Required Net Capital	0	1,000,000
Net Capital	17,000,000	15,000,000
Excess Net Capital	$ 17,000,000	$ 14,000,000

Regulatory Requirements - Bank

Regulatory Requirements - Bank Capital Requirements (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Capital conservation buffer [Member]
Common equity Tier I capital [Abstract]
Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets	4.50%
Tier I risk based capital [Abstract]
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	6.00%
Total risk-based capital [Abstract]
Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%
New regulation [Member]
Total risk-based capital [Abstract]
Phase-in period	4 years
New regulation implementation, year 2015 [Member]
Total risk-based capital [Abstract]
Phase-in percentage	40.00%
New regulation implementation, year 2018 [Member]
Total risk-based capital [Abstract]
Phase-in percentage	100.00%
Minimum [Member] | Capital conservation buffer [Member]
Common equity Tier I capital [Abstract]
Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets	2.50%
Parent Company [Member]
Tier I leverage [Abstract]
Tier One Leverage Capital	$ 3,396	$ 3,747
Tier One Leverage Capital to Adjusted Assets	7.30%	9.00%
Tier One Leverage Capital Required to be Well Capitalized	$ 2,318	$ 2,093
Tier One Leverage Capital Required to be Well Capitalized to Adjusted Assets	5.00%	5.00%
Excess Tier One Leverage Capital to be Well Capitalized	$ 1,078	$ 1,654
Common equity Tier I capital [Abstract]
Common Equity Tier One Capital	$ 3,286	$ 3,747
Common Equity Tier One Capital to Risk Weighted Assets	34.00%	39.30%
Common Equity Tier One Capital Required To Be Well Capitalized	$ 629	$ 620
Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%	6.50%
Excess Common Equity Tier One Capital To Be Well Capitalized	$ 2,657	$ 3,127
Tier I risk based capital [Abstract]
Tier One Risk Based Capital	$ 3,396	$ 3,747
Tier One Risk Based Capital to Risk Weighted Assets	35.10%	39.30%
Tier One Risk Based Capital Required to be Well Capitalized	$ 774	$ 763
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	8.00%
Excess Tier One Risk Based Capital to be Well Capitalized	$ 2,622	$ 2,984
Total risk-based capital [Abstract]
Capital	$ 3,938	$ 4,186
Capital to Risk Weighted Assets	40.70%	43.90%
Capital Required to be Well Capitalized	$ 968	$ 954
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Excess capital to be well capitalized	$ 2,970	$ 3,232
E TRADE Bank [Member]
Tier I leverage [Abstract]
Tier One Leverage Capital	$ 3,069	$ 3,075
Tier One Leverage Capital to Adjusted Assets	8.50%	9.70%
Tier One Leverage Capital Required to be Well Capitalized	$ 1,806	$ 1,579
Tier One Leverage Capital Required to be Well Capitalized to Adjusted Assets	5.00%	5.00%
Excess Tier One Leverage Capital to be Well Capitalized	$ 1,263	$ 1,496
Common equity Tier I capital [Abstract]
Common Equity Tier One Capital	$ 3,069	$ 3,075
Common Equity Tier One Capital to Risk Weighted Assets	36.70%	36.50%
Common Equity Tier One Capital Required To Be Well Capitalized	$ 544	$ 548
Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets	6.50%	6.50%
Excess Common Equity Tier One Capital To Be Well Capitalized	$ 2,525	$ 2,527
Tier I risk based capital [Abstract]
Tier One Risk Based Capital	$ 3,069	$ 3,075
Tier One Risk Based Capital to Risk Weighted Assets	36.70%	36.50%
Tier One Risk Based Capital Required to be Well Capitalized	$ 669	$ 674
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	8.00%
Excess Tier One Risk Based Capital to be Well Capitalized	$ 2,400	$ 2,401
Total risk-based capital [Abstract]
Capital	$ 3,176	$ 3,185
Capital to Risk Weighted Assets	38.00%	37.80%
Capital Required to be Well Capitalized	$ 837	$ 842
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Excess capital to be well capitalized	$ 2,339	$ 2,343
Dividends from subsidiaries paid to parent company	$ 373

Commitments, Contingencies an81

Commitments, Contingencies and Other Regulatory Matters (Details)	Oct. 20, 2014	May 16, 2011	Sep. 30, 2016USD ($)$ / CapitalSecurity	Jun. 30, 2016USD ($)	Dec. 31, 2003USD ($)	Apr. 30, 2013$ / shares
Loss Contingencies [Line Items]
Commitments to fund partnerships			$ 51,000,000
Time deposit maturities, next rolling twelve months			$ 24,000,000
Supply Commitment [Line Items]
Trust preferred securities contractual time period			30 years
Liquidation amount per trust preferred security | $ / CapitalSecurity			1,000
Estimated maximum potential liability trust preferred securities			$ 418,000,000
Unfunded Commitments to Extend Credit [Member]
Supply Commitment [Line Items]
Unfunded Commitments To Extend Credit			$ 32,000,000
Axajo Complaint [Member]
Loss Contingencies [Line Items]
Loss Contingency, Damages Awarded, Value					$ 1,000,000
Droplets Inc Complaint [Member]
Loss Contingencies [Line Items]
Loss Contingency, Patents Allegedly Infringed, Number		2
John Scranton Complaint [Member]
Loss Contingencies [Line Items]
Alleged Minimum Amount Company Would Exercise Options At Expiration | $ / shares						$ 0.01
John Scranton Complaint [Member] | Judicial Ruling With Prejudice [Member]
Loss Contingencies [Line Items]
Loss Contingency, Claims Dismissed, Number	4
John Scranton Complaint [Member] | Judicial Ruling Without Prejudice [Member]
Loss Contingencies [Line Items]
Loss Contingency, Claims Dismissed, Number	2
FINRA Order Handling Review [Member] | Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount				$ 900,000