Fair Value Measurements - Recurring Fair Value (Details)
$ in Millions |
9 Months Ended |
|
|
|
Sep. 30, 2017
USD ($)
counterparty
|
Dec. 31, 2016
USD ($)
|
Sep. 30, 2016
USD ($)
|
| Financial assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
$ 56,780
|
$ 49,750
|
|
| Trading account assets |
210,319
|
180,209
|
|
| Gross derivative assets |
370,700
|
631,100
|
|
| Derivative assets |
38,384
|
42,512
|
|
| Total available-for-sale debt securities |
300,302
|
|
|
| Other debt securities carried at fair value |
16,562
|
19,720
|
|
| Loans and leases |
6,285
|
7,085
|
|
| Loans held-for-sale |
3,128
|
4,026
|
|
| Customer and other receivables |
230
|
|
|
| Debt securities in assets of business held for sale |
|
619
|
|
| Other assets |
19,341
|
13,802
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
468
|
731
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value |
38,852
|
35,766
|
|
| Gross derivative liabilities |
362,400
|
628,300
|
|
| Derivative liabilities |
31,781
|
39,480
|
|
| Short-term borrowings |
1,904
|
2,024
|
|
| Long-term debt |
$ 29,897
|
30,037
|
|
| Assets and Liabilities, Recurring Basis, Supplemental Information: |
|
|
|
| Number of central clearing counterparties to re-characterize daily cash variation margin | counterparty |
2
|
|
|
| Operating Segments | Consumer Banking |
|
|
|
| Financial assets |
|
|
|
| Mortgage servicing rights |
$ 1,700
|
2,100
|
|
| Operating Segments | Global Markets |
|
|
|
| Financial assets |
|
|
|
| Mortgage servicing rights |
518
|
469
|
|
| All Other |
|
|
|
| Financial assets |
|
|
|
| Mortgage servicing rights |
162
|
212
|
|
| Derivative liabilities |
|
|
|
| Assets and Liabilities, Recurring Basis, Supplemental Information: |
|
|
|
| Liabilities transferred from Level 1 to Level 2 |
2,400
|
2,400
|
|
| Liabilities transferred from Level 2 to Level 1 |
496
|
1,800
|
|
| Derivative assets |
|
|
|
| Assets and Liabilities, Recurring Basis, Supplemental Information: |
|
|
|
| Assets transferred from Level 1 to Level 2 |
3,000
|
2,300
|
|
| Assets transferred from Level 2 to Level 1 |
543
|
2,000
|
|
| U.S. government and agency securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
50,268
|
48,252
|
|
| Agency |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
196,194
|
189,486
|
|
| Agency-collateralized mortgage obligations |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
7,049
|
8,330
|
|
| Other debt securities carried at fair value |
5
|
5
|
|
| Non-agency residential |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
2,657
|
2,013
|
|
| Other debt securities carried at fair value |
3,058
|
3,139
|
|
| Commercial |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
12,464
|
12,322
|
|
| Other taxable securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
7,038
|
10,614
|
|
| Other debt securities carried at fair value |
239
|
240
|
|
| Tax-exempt securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
19,192
|
17,160
|
|
| Recurring |
|
|
|
| Financial assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
56,780
|
49,750
|
|
| Trading account assets |
210,319
|
180,209
|
|
| Netting adjustments |
(332,316)
|
(588,604)
|
|
| Derivative assets |
38,384
|
42,512
|
|
| Total available-for-sale debt securities |
300,302
|
293,940
|
|
| Other debt securities carried at fair value |
16,562
|
19,720
|
|
| Loans and leases |
6,285
|
7,085
|
|
| Mortgage servicing rights |
2,407
|
2,747
|
|
| Loans held-for-sale |
3,128
|
4,026
|
|
| Customer and other receivables |
230
|
|
|
| Debt securities in assets of business held for sale |
|
619
|
|
| Other assets |
19,341
|
13,802
|
|
| Total assets |
653,738
|
614,410
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
468
|
731
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value |
38,852
|
35,766
|
|
| Total trading account liabilities |
86,434
|
63,031
|
|
| Netting adjustment |
(330,572)
|
(588,833)
|
|
| Derivative liabilities |
31,781
|
39,480
|
|
| Short-term borrowings |
1,904
|
2,024
|
|
| Accrued expenses and other liabilities |
22,369
|
14,630
|
|
| Long-term debt |
29,897
|
30,037
|
|
| Total liabilities |
211,705
|
185,699
|
|
| Recurring | Securities Segregated for Compliance or Deposited with Clearing Organizations |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
15,300
|
14,600
|
|
| Recurring | U.S. Treasury and agency securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
33,277
|
36,514
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
20,756
|
16,051
|
|
| Recurring | Corporate securities, trading loans and other |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
30,037
|
25,809
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
9,289
|
6,570
|
|
| Recurring | Equity securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
88,279
|
72,051
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
35,665
|
28,898
|
|
| Recurring | Non-U.S. sovereign debt |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
31,521
|
20,028
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
20,724
|
11,512
|
|
| Recurring | U.S. government-sponsored agency guaranteed |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
18,973
|
15,799
|
|
| Recurring | Mortgage trading loans, ABS and other MBS |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
8,232
|
10,008
|
|
| Recurring | U.S. government and agency securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
50,268
|
48,252
|
|
| Recurring | Agency |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
196,194
|
189,486
|
|
| Other debt securities carried at fair value |
|
5
|
|
| Recurring | Agency-collateralized mortgage obligations |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
7,049
|
8,330
|
|
| Other debt securities carried at fair value |
5
|
|
|
| Recurring | Non-agency residential |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
2,657
|
2,013
|
|
| Other debt securities carried at fair value |
3,058
|
3,139
|
|
| Recurring | Commercial |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
12,464
|
12,322
|
|
| Recurring | Non-U.S. securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
5,440
|
5,763
|
|
| Other debt securities carried at fair value |
13,260
|
16,336
|
|
| Recurring | Other taxable securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
7,038
|
10,614
|
|
| Other debt securities carried at fair value |
239
|
240
|
|
| Recurring | Tax-exempt securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
19,192
|
17,160
|
|
| Recurring | US Government-sponsored enterprises debt securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
19,500
|
17,500
|
|
| Recurring | Level 1 |
|
|
|
| Financial assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
0
|
0
|
|
| Trading account assets |
108,732
|
94,505
|
|
| Gross derivative assets |
6,756
|
7,337
|
|
| Total available-for-sale debt securities |
49,365
|
48,721
|
|
| Other debt securities carried at fair value |
11,911
|
15,109
|
|
| Loans and leases |
0
|
0
|
|
| Mortgage servicing rights |
0
|
0
|
|
| Loans held-for-sale |
0
|
0
|
|
| Customer and other receivables |
0
|
|
|
| Debt securities in assets of business held for sale |
|
619
|
|
| Other assets |
17,991
|
11,824
|
|
| Total assets |
194,755
|
178,115
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
0
|
0
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value |
0
|
0
|
|
| Total trading account liabilities |
68,854
|
51,310
|
|
| Gross derivative liabilities |
6,589
|
7,173
|
|
| Short-term borrowings |
0
|
0
|
|
| Accrued expenses and other liabilities |
21,121
|
12,978
|
|
| Long-term debt |
0
|
0
|
|
| Total liabilities |
96,564
|
71,461
|
|
| Recurring | Level 1 | U.S. Treasury and agency securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
32,688
|
34,587
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
20,390
|
15,854
|
|
| Recurring | Level 1 | Corporate securities, trading loans and other |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
535
|
171
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
211
|
163
|
|
| Recurring | Level 1 | Equity securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
58,886
|
50,169
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
31,647
|
25,884
|
|
| Recurring | Level 1 | Non-U.S. sovereign debt |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
16,623
|
9,578
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
16,606
|
9,409
|
|
| Recurring | Level 1 | U.S. government-sponsored agency guaranteed |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Recurring | Level 1 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Recurring | Level 1 | U.S. government and agency securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
48,591
|
46,787
|
|
| Recurring | Level 1 | Agency |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
|
0
|
|
| Recurring | Level 1 | Agency-collateralized mortgage obligations |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
|
|
| Recurring | Level 1 | Non-agency residential |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 1 | Commercial |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Recurring | Level 1 | Non-U.S. securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
774
|
1,934
|
|
| Other debt securities carried at fair value |
11,911
|
15,109
|
|
| Recurring | Level 1 | Other taxable securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 1 | Tax-exempt securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Recurring | Level 2 |
|
|
|
| Financial assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
56,780
|
49,750
|
|
| Trading account assets |
97,797
|
80,925
|
|
| Gross derivative assets |
360,066
|
619,848
|
|
| Total available-for-sale debt securities |
249,951
|
243,854
|
|
| Other debt securities carried at fair value |
4,629
|
4,586
|
|
| Loans and leases |
5,667
|
6,365
|
|
| Mortgage servicing rights |
0
|
0
|
|
| Loans held-for-sale |
2,353
|
3,370
|
|
| Customer and other receivables |
230
|
|
|
| Debt securities in assets of business held for sale |
|
0
|
|
| Other assets |
1,083
|
1,739
|
|
| Total assets |
778,556
|
1,010,437
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
468
|
731
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value |
38,852
|
35,407
|
|
| Total trading account liabilities |
17,555
|
11,694
|
|
| Gross derivative liabilities |
349,863
|
615,896
|
|
| Short-term borrowings |
1,904
|
2,024
|
|
| Accrued expenses and other liabilities |
1,239
|
1,643
|
|
| Long-term debt |
28,007
|
28,523
|
|
| Total liabilities |
437,888
|
695,918
|
|
| Recurring | Level 2 | U.S. Treasury and agency securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
589
|
1,927
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
366
|
197
|
|
| Recurring | Level 2 | Corporate securities, trading loans and other |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
27,760
|
22,861
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
9,053
|
6,380
|
|
| Recurring | Level 2 | Equity securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
29,149
|
21,601
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
4,018
|
3,014
|
|
| Recurring | Level 2 | Non-U.S. sovereign debt |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
14,346
|
9,940
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
4,118
|
2,103
|
|
| Recurring | Level 2 | U.S. government-sponsored agency guaranteed |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
18,973
|
15,799
|
|
| Recurring | Level 2 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
6,980
|
8,797
|
|
| Recurring | Level 2 | U.S. government and agency securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
1,677
|
1,465
|
|
| Recurring | Level 2 | Agency |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
196,194
|
189,486
|
|
| Other debt securities carried at fair value |
|
5
|
|
| Recurring | Level 2 | Agency-collateralized mortgage obligations |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
7,049
|
8,330
|
|
| Other debt securities carried at fair value |
5
|
|
|
| Recurring | Level 2 | Non-agency residential |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
2,657
|
2,013
|
|
| Other debt securities carried at fair value |
3,036
|
3,114
|
|
| Recurring | Level 2 | Commercial |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
12,464
|
12,322
|
|
| Recurring | Level 2 | Non-U.S. securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
4,630
|
3,600
|
|
| Other debt securities carried at fair value |
1,349
|
1,227
|
|
| Recurring | Level 2 | Other taxable securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
6,555
|
10,020
|
|
| Other debt securities carried at fair value |
239
|
240
|
|
| Recurring | Level 2 | Tax-exempt securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
18,725
|
16,618
|
|
| Recurring | Level 3 |
|
|
|
| Financial assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
0
|
0
|
|
| Trading account assets |
3,790
|
4,779
|
|
| Gross derivative assets |
3,878
|
3,931
|
$ 4,900
|
| Total available-for-sale debt securities |
986
|
1,365
|
|
| Other debt securities carried at fair value |
22
|
25
|
|
| Loans and leases |
618
|
720
|
|
| Mortgage servicing rights |
2,407
|
2,747
|
|
| Loans held-for-sale |
775
|
656
|
|
| Customer and other receivables |
0
|
|
|
| Debt securities in assets of business held for sale |
|
0
|
|
| Other assets |
267
|
239
|
|
| Total assets |
12,743
|
14,462
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
0
|
0
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value |
0
|
359
|
|
| Total trading account liabilities |
25
|
27
|
|
| Gross derivative liabilities |
5,901
|
5,244
|
$ 5,900
|
| Short-term borrowings |
0
|
0
|
|
| Accrued expenses and other liabilities |
9
|
9
|
|
| Long-term debt |
1,890
|
1,514
|
|
| Total liabilities |
7,825
|
7,153
|
|
| Recurring | Level 3 | U.S. Treasury and agency securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | Corporate securities, trading loans and other |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
1,742
|
2,777
|
|
| Total assets |
1,700
|
2,800
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
25
|
27
|
|
| Recurring | Level 3 | Equity securities |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
244
|
281
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | Non-U.S. sovereign debt |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
552
|
510
|
|
| Total assets |
552
|
510
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | U.S. government-sponsored agency guaranteed |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Recurring | Level 3 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Financial assets |
|
|
|
| Trading account assets |
1,252
|
1,211
|
|
| Total assets |
1,300
|
1,200
|
|
| Recurring | Level 3 | U.S. government and agency securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Recurring | Level 3 | Agency |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
|
0
|
|
| Recurring | Level 3 | Agency-collateralized mortgage obligations |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
|
|
| Recurring | Level 3 | Non-agency residential |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
22
|
25
|
|
| Recurring | Level 3 | Commercial |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
0
|
0
|
|
| Recurring | Level 3 | Non-U.S. securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
36
|
229
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 3 | Other taxable securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
483
|
594
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Total assets |
483
|
594
|
|
| Recurring | Level 3 | Tax-exempt securities |
|
|
|
| Financial assets |
|
|
|
| Total available-for-sale debt securities |
467
|
542
|
|
| Total assets |
$ 467
|
$ 542
|
|