Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.20.1
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 49,033 $ 50,364
Contractual Principal Outstanding    
Assets 49,016 50,318
Fair Value Carrying Amount Less Unpaid Principal    
Assets 17 46
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 7,652 6,989
Contractual Principal Outstanding    
Assets 16,542 14,703
Fair Value Carrying Amount Less Unpaid Principal    
Assets (8,890) (7,714)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 16,780 19,574
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 9,016 8,335
Contractual Principal Outstanding    
Assets 9,358 8,372
Fair Value Carrying Amount Less Unpaid Principal    
Assets (342) (37)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 3,609 3,709
Contractual Principal Outstanding    
Assets 4,564 4,879
Fair Value Carrying Amount Less Unpaid Principal    
Assets (955) (1,170)
Other assets    
Fair Value Carrying Amount    
Assets 4 4
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 589 508
Contractual Principal Outstanding    
Liabilities 541 496
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 48 12
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 17,192 16,008
Contractual Principal Outstanding    
Liabilities 17,184 16,029
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 8 (21)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 3,020 3,941
Contractual Principal Outstanding    
Liabilities 3,265 3,930
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (245) 11
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 207 90
Long-term debt    
Fair Value Carrying Amount    
Liabilities 32,163 34,975
Contractual Principal Outstanding    
Liabilities 35,714 35,730
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (3,551) (755)
Structured liabilities    
Fair Value Carrying Amount    
Liabilities 31,800 34,600
Contractual Principal Outstanding    
Liabilities $ 35,300 $ 35,300