117 / 188
2016
(In millions)
Net Derivatives
Asset
Derivatives
Liability
Derivatives
Hedge Designation/ Derivative Type
Notional
Amount
Fair Value
Fair Value
Fair Value
Cash flow hedges:
Foreign currency swaps
$ 75
$ (10)
$ 0
$ (10)
Total cash flow hedges
75
(10)
0
(10)
Fair value hedges:
Foreign currency forwards
10,965
(759)
0
(759)
Foreign currency options
4,224
(30)
2
(32)
Total fair value hedges
15,189
(789)
2
(791)
Net investment hedge:
Foreign currency forwards
209
3
5
(2)
Foreign currency options
843
24
41
(17)
Total net investment hedge
1,052
27
46
(19)
Non-qualifying strategies:
Foreign currency swaps
6,266
270
490
(220)
Foreign currency forwards
21,218
(289)
667
(956)
Foreign currency options
41
(2)
0
(2)
Credit default swaps
86
2
2
0
Total non-qualifying strategies
27,611
(19)
1,159
(1,178)
Total derivatives
$43,927
$ (791)
$ 1,207
$ (1,998)
Balance Sheet Location
Other assets
$18,329
$ 1,207
$ 1,207
$ 0
Other liabilities
25,598
(1,998)
0
(1,998)
Total derivatives
$43,927
$ (791)
$ 1,207
$ (1,998)
115