XML 59 R32.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract] |
Schedule of Available-for-Sale Securities | The table below presents the amortized cost, gross unrealized gains and losses, and fair value of securities available for sale as of December 31, 2019 and 2018. Table 2.1: Investment Securities Available for Sale
|  | December 31, 2019
(Dollars in millions) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Investment securities available for sale: |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 4,122 |  |  | $ | 6 |  |  | $ | (4 | ) |  | $ | 4,124 |
RMBS: |  |  |  |  |  |  |  |
Agency |  | 62,003 |  |  | 1,120 |  |  | (284 | ) |  | 62,839 |
Non-agency |  | 1,235 |  |  | 266 |  |  | (2 | ) |  | 1,499 |
Total RMBS |  | 63,238 |  |  | 1,386 |  |  | (286 | ) |  | 64,338 |
Agency CMBS |  | 9,303 |  |  | 165 |  |  | (42 | ) |  | 9,426 |
Other securities(1) |  | 1,321 |  |  | 4 |  |  | 0 |  |  | 1,325 |
Total investment securities available for sale |  | $ | 77,984 |  |  | $ | 1,561 |  |  | $ | (332 | ) |  | $ | 79,213 |
|  | December 31, 2018
(Dollars in millions) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Investment securities available for sale: |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 6,146 |  |  | $ | 15 |  |  | $ | (17 | ) |  | $ | 6,144 |
RMBS: |  |  |  |  |  |  |  |
Agency |  | 32,710 |  |  | 62 |  |  | (869 | ) |  | 31,903 |
Non-agency |  | 1,440 |  |  | 304 |  |  | (2 | ) |  | 1,742 |
Total RMBS |  | 34,150 |  |  | 366 |  |  | (871 | ) |  | 33,645 |
Agency CMBS |  | 4,806 |  |  | 11 |  |  | (78 | ) |  | 4,739 |
Other securities(1) |  | 1,626 |  |  | 2 |  |  | (6 | ) |  | 1,622 |
Total investment securities available for sale |  | $ | 46,728 |  |  | $ | 394 |  |  | $ | (972 | ) |  | $ | 46,150 |
__________ (1) Includes primarily supranational bonds, foreign government bonds and other asset-backed securities.
Schedule of Available-for-Sale Securities in Gross Unrealized Loss Position | The table below provides, by major security type, information about our securities available for sale in a gross unrealized loss position and the length of time that individual securities have been in a continuous unrealized loss position as of December 31, 2019 and 2018. Table 2.2: Securities in a Gross Unrealized Loss Position
|  | December 31, 2019
|  | Less than 12 Months |  | 12 Months or Longer |  | Total
(Dollars in millions) |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Investment securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 2,647 |  |  | $ | (4 | ) |  | $ | 0 |  |  | $ | 0 |  |  | $ | 2,647 |  |  | $ | (4 | )
RMBS: |  |  |  |  |  |  |  |  |  |  |  |
Agency |  | 10,494 |  |  | (92 | ) |  | 10,567 |  |  | (192 | ) |  | 21,061 |  |  | (284 | )
Non-agency |  | 35 |  |  | (1 | ) |  | 16 |  |  | (1 | ) |  | 51 |  |  | (2 | )
Total RMBS |  | 10,529 |  |  | (93 | ) |  | 10,583 |  |  | (193 | ) |  | 21,112 |  |  | (286 | )
Agency CMBS |  | 2,580 |  |  | (23 | ) |  | 1,563 |  |  | (19 | ) |  | 4,143 |  |  | (42 | )
Other securities |  | 126 |  |  | 0 |  |  | 106 |  |  | 0 |  |  | 232 |  |  | 0 |
Total investment securities available for sale in a gross unrealized loss position |  | $ | 15,882 |  |  | $ | (120 | ) |  | $ | 12,252 |  |  | $ | (212 | ) |  | $ | 28,134 |  |  | $ | (332 | )
|  | December 31, 2018
|  | Less than 12 Months |  | 12 Months or Longer |  | Total
(Dollars in millions) |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Investment securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 2,543 |  |  | $ | (3 | ) |  | $ | 1,076 |  |  | $ | (14 | ) |  | $ | 3,619 |  |  | $ | (17 | )
RMBS: |  |  |  |  |  |  |  |  |  |  |  |
Agency |  | 7,863 |  |  | (260 | ) |  | 18,118 |  |  | (609 | ) |  | 25,981 |  |  | (869 | )
Non-agency |  | 89 |  |  | (2 | ) |  | 10 |  |  | 0 |  |  | 99 |  |  | (2 | )
Total RMBS |  | 7,952 |  |  | (262 | ) |  | 18,128 |  |  | (609 | ) |  | 26,080 |  |  | (871 | )
Agency CMBS |  | 2,004 |  |  | (31 | ) |  | 1,540 |  |  | (47 | ) |  | 3,544 |  |  | (78 | )
Other securities |  | 244 |  |  | (1 | ) |  | 678 |  |  | (5 | ) |  | 922 |  |  | (6 | )
Total investment securities available for sale in a gross unrealized loss position |  | $ | 12,743 |  |  | $ | (297 | ) |  | $ | 21,422 |  |  | $ | (675 | ) |  | $ | 34,165 |  |  | $ | (972 | )
Schedule of Contractual Maturities for Securities | The table below summarizes, by major security type, the contractual maturities and weighted-average yields of our investment securities as of December 31, 2019. Because borrowers may have the right to call or prepay certain obligations, the expected maturities of our securities are likely to differ from the scheduled contractual maturities presented below. The weighted-average yield below represents the effective yield for the investment securities and is calculated based on the amortized cost of each security. Table 2.3: Contractual Maturities and Weighted-Average Yields of Securities
|  | December 31, 2019
(Dollars in millions) |  | Due in 1 Year or Less |  | Due > 1 Year through 5 Years |  | Due > 5 Years through 10 Years |  | Due > 10 Years |  | Total
Fair value of securities available for sale: |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 0 |  |  | $ | 1,476 |  |  | $ | 2,648 |  |  | $ | 0 |  |  | $ | 4,124 |
RMBS(1): |  |  |  |  |  |  |  |  |  |
Agency |  | 0 |  |  | 36 |  |  | 891 |  |  | 61,912 |  |  | 62,839 |
Non-agency |  | 0 |  |  | 0 |  |  | 0 |  |  | 1,499 |  |  | 1,499 |
Total RMBS |  | 0 |  |  | 36 |  |  | 891 |  |  | 63,411 |  |  | 64,338 |
Agency CMBS(1) |  | 2 |  |  | 1,753 |  |  | 3,574 |  |  | 4,097 |  |  | 9,426 |
Other securities |  | 501 |  |  | 557 |  |  | 267 |  |  | 0 |  |  | 1,325 |
Total securities available for sale |  | $ | 503 |  |  | $ | 3,822 |  |  | $ | 7,380 |  |  | $ | 67,508 |  |  | $ | 79,213 |
Amortized cost of securities available for sale |  | $ | 503 |  |  | $ | 3,816 |  |  | $ | 7,334 |  |  | $ | 66,331 |  |  | $ | 77,984 |
Weighted-average yield for securities available for sale |  | 1.43 | % |  | 2.37 | % |  | 2.60 | % |  | 3.06 | % |  | 2.97 | %
__________
(1) | As of December 31, 2019, the weighted-average expected maturities of RMBS and Agency CMBS is 5.4 years for each portfolio.
Schedule of Gross Realized Gains and Losses on Sale of Available-for-Sale Securities Recognized in Earnings | The following table presents the gross realized gains or losses and proceeds from the sale of securities available for sale for the years ended December 31, 2019, 2018 and 2017. We did not sell any investment securities that were classified as held to maturity. Table 2.4: Realized Gains and Losses on Securities and OTTI Recognized in Earnings
|  | Year Ended December 31,
(Dollars in millions) |  | 2019 |  | 2018 |  | 2017
Realized gains (losses): |  |  |  |  |  |
Gross realized gains |  | $ | 44 |  |  | $ | 13 |  |  | $ | 144 |
Gross realized losses |  | (18 | ) |  | (21 | ) |  | (74 | )
Net realized gains (losses) |  | 26 |  |  | (8 | ) |  | 70 |
OTTI recognized in earnings: |  |  |  |  |  |
Credit-related OTTI |  | 0 |  |  | (1 | ) |  | (2 | )
Intent-to-sell OTTI |  | 0 |  |  | (200 | ) |  | (3 | )
Total OTTI recognized in earnings |  | 0 |  |  | (201 | ) |  | (5 | )
Net securities gains (losses) |  | $ | 26 |  |  | $ | (209 | ) |  | $ | 65 |
Total proceeds from sales |  | $ | 4,780 |  |  | $ | 6,399 |  |  | $ | 8,181 |
Schedule of Outstanding Contractual Balance and Carrying Value of Credit-Impaired Debt Securities | The table below presents the outstanding balance and carrying value of the purchased credit-impaired debt securities as of December 31, 2019 and 2018. Table 2.5: Outstanding Balance and Carrying Value of Purchased Credit-Impaired Debt Securities
(Dollars in millions) |  | December 31, 2019 |  | December 31, 2018
Outstanding balance |  | $ | 1,501 |  |  | $ | 1,784 |
Carrying value |  | 1,347 |  |  | 1,537 |
Schedule of Changes in Accretable Yield of Acquired Securities | The following table presents changes in the accretable yield related to the purchased credit-impaired debt securities for the years ended December 31, 2019, 2018 and 2017. Table 2.6: Changes in the Accretable Yield of Purchased Credit-Impaired Debt Securities
|  | Year Ended December 31,
(Dollars in millions) |  | 2019 |  | 2018 |  | 2017
Accretable yield, beginning of period |  | $ | 698 |  |  | $ | 826 |  |  | $ | 1,173 |
Accretion recognized in earnings |  | (166 | ) |  | (153 | ) |  | (182 | )
Reduction due to payoffs, disposals, transfers and other |  | (7 | ) |  | (3 | ) |  | (157 | )
Net reclassifications (to) from nonaccretable difference |  | 19 |  |  | 28 |  |  | (8 | )
Accretable yield, end of period |  | $ | 544 |  |  | $ | 698 |  |  | $ | 826 |

X
- Definition Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement + References No definition available. + Details
Name: | cof_CertainLoansAcquiredinTransferAccountedforasDebtSecuritiesAccretableYieldMovementTableTextBlock
Namespace Prefix: | cof_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Certain Loans Acquired in Transfer Accounted for as Debt Securities, Outstanding Contractual Balance and Carrying Value + References No definition available. + Details
Name: | cof_CertainLoansAcquiredinTransferAccountedforasDebtSecuritiesOutstandingContractualBalanceandCarryingValueTableTextBlock
Namespace Prefix: | cof_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=118942371&loc=SL82922954-210456 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118939692&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration