v3.22.2.2
SECURITIES BORROWING AND LENDING (Tables)
 9 Months Ended
Sep. 30, 2022
Offsetting [Abstract]  
Schedule of Assets Subject to Master Netting Arrangement
The following tables set forth certain balances related to our securities borrowing and lending activities as of December 31, 2021 and September 30, 2022:
December 31,September 30,
(in millions)20212022
AssetsSecurities borrowed
Gross amount of securities borrowed$— $139 
Gross amount offset on the consolidated balance sheets— — 
Amounts of assets presented on the consolidated balance sheets— 139 
Gross amount of securities borrowed not offset on the consolidated balance sheets:
Securities borrowed— 139 
Security collateral received— (135)
Net amount$— $4 
LiabilitiesSecurities loaned
Gross amount of securities loaned$3,651 $1,423 
Gross amount of securities loaned offset on the consolidated balance sheets— — 
Amounts of liabilities presented on the consolidated balance sheets3,651 1,423 
Gross amount of securities loaned not offset on the consolidated balance sheets:
Securities loaned3,651 1,423 
Security collateral pledged(3,427)(1,288)
Net amount$224 $135 
Schedule of liabilities Subject to Master Netting Arrangement
The following tables set forth certain balances related to our securities borrowing and lending activities as of December 31, 2021 and September 30, 2022:
December 31,September 30,
(in millions)20212022
AssetsSecurities borrowed
Gross amount of securities borrowed$— $139 
Gross amount offset on the consolidated balance sheets— — 
Amounts of assets presented on the consolidated balance sheets— 139 
Gross amount of securities borrowed not offset on the consolidated balance sheets:
Securities borrowed— 139 
Security collateral received— (135)
Net amount$— $4 
LiabilitiesSecurities loaned
Gross amount of securities loaned$3,651 $1,423 
Gross amount of securities loaned offset on the consolidated balance sheets— — 
Amounts of liabilities presented on the consolidated balance sheets3,651 1,423 
Gross amount of securities loaned not offset on the consolidated balance sheets:
Securities loaned3,651 1,423 
Security collateral pledged(3,427)(1,288)
Net amount$224 $135