Annual report [Section 13 and 15(d), not S-K Item 405]

Fair Value Option - Elections (Details)

v3.25.0.1
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 144,501 $ 133,053
Contractual Principal Outstanding    
Assets 144,449 133,001
Fair Value Carrying Amount Less Unpaid Principal    
Assets 52 52
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 11,615 8,377
Contractual Principal Outstanding    
Assets 24,461 15,580
Fair Value Carrying Amount Less Unpaid Principal    
Assets (12,846) (7,203)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 15,369 25,282
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 4,249 3,569
Contractual Principal Outstanding    
Assets 4,292 3,618
Fair Value Carrying Amount Less Unpaid Principal    
Assets (43) (49)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 2,214 2,059
Contractual Principal Outstanding    
Assets 2,824 2,873
Fair Value Carrying Amount Less Unpaid Principal    
Assets (610) (814)
Other assets    
Fair Value Carrying Amount    
Assets 2,732 1,986
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 310 284
Contractual Principal Outstanding    
Liabilities 386 267
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (76) 17
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 192,859 178,609
Contractual Principal Outstanding    
Liabilities 192,877 178,634
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (18) (25)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 6,245 4,690
Contractual Principal Outstanding    
Liabilities 6,247 4,694
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (2) (4)
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 144 67
Accrued expenses and other liabilities    
Fair Value Carrying Amount    
Liabilities 2,642 1,341
Contractual Principal Outstanding    
Liabilities 2,414 1,347
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 228 (6)
Long-term debt    
Fair Value Carrying Amount    
Liabilities 50,005 42,809
Contractual Principal Outstanding    
Liabilities 54,257 46,707
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (4,252) $ (3,898)