Quarterly report pursuant to Section 13 or 15(d)

Securitizations and Other Variable Interest Entities - Home Equity Loan, Credit Card and Other Asset-backed VIEs (Details)

v3.20.2
Securitizations and Other Variable Interest Entities - Home Equity Loan, Credit Card and Other Asset-backed VIEs (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Apr. 01, 2020
Dec. 31, 2019
Jun. 30, 2019
Apr. 01, 2019
Jan. 01, 2019
On-balance sheet assets            
Trading account assets $ 226,465   $ 229,826      
Debt securities carried at fair value 202,912   256,467      
Held-to-maturity securities 268,967   215,730      
Total assets 2,741,688   2,434,079 $ 2,395,892    
Loans and leases, net 998,944   983,426      
Allowance for loan and lease losses (19,389) $ (15,766)   $ (9,527) $ (9,577) $ (9,601)
Other assets 129,513   129,690      
On-balance sheet liabilities            
Long-term debt 261,638   240,856      
Total liabilities 2,476,051   2,169,269      
Consolidated VIEs            
On-balance sheet assets            
Trading account assets 4,390   5,811      
Total assets 28,616   44,381      
Other assets 563   540      
On-balance sheet liabilities            
Long-term debt 6,861   8,718      
All other liabilities 22   22      
Total liabilities 7,622   10,915      
Home Equity | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 348   412      
On-balance sheet assets            
Total assets 9   11      
Total assets of VIEs 862   1,023      
Home Equity | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 67   64      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 152   123      
Loans and leases, net 133   122      
Allowance for loan and lease losses 16   (2)      
Other assets 3   3      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 85   64      
All other liabilities 0   0      
Total liabilities 85   64      
Home Equity | Senior Lien | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 0   0      
Debt securities carried at fair value 9   11      
Held-to-maturity securities 0   0      
Credit Card | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 0   0      
On-balance sheet assets            
Total assets 0   0      
Total assets of VIEs 0   0      
Credit Card | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 15,340   17,915      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 21,735   26,304      
Loans and leases, net 23,155   26,985      
Allowance for loan and lease losses (1,882)   (800)      
Other assets 462   119      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 6,373   8,372      
All other liabilities 22   17      
Total liabilities 6,395   8,389      
Residual interests 9,100   10,500      
Credit Card | Senior Lien | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 0   0      
Debt securities carried at fair value 0   0      
Held-to-maturity securities 0   0      
Resecuritization Trusts | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 9,673   7,526      
On-balance sheet assets            
Total assets 9,673   7,526      
Total assets of VIEs 20,951   21,234      
Resecuritization Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 123   54      
On-balance sheet assets            
Trading account assets 141   73      
Total assets 141   73      
Loans and leases, net 0   0      
Allowance for loan and lease losses 0   0      
Other assets 0   0      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 18   19      
All other liabilities 0   0      
Total liabilities 18   19      
Resecuritization Trusts | Senior Lien | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 1,067   2,188      
Debt securities carried at fair value 3,107   1,126      
Held-to-maturity securities 5,499   4,212      
Municipal Bond Trusts | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 3,309   3,701      
On-balance sheet assets            
Total assets 0   0      
Total assets of VIEs 3,826   4,395      
Municipal Bond Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 1,292   2,656      
On-balance sheet assets            
Trading account assets 1,252   2,480      
Total assets 1,292   2,656      
Loans and leases, net 0   0      
Allowance for loan and lease losses 0   0      
Other assets 40   176      
On-balance sheet liabilities            
Short-term borrowings 715   2,175      
Long-term debt 0   0      
All other liabilities 0   0      
Total liabilities 715   2,175      
Municipal Bond Trusts | Senior Lien | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 0   0      
Debt securities carried at fair value 0   0      
Held-to-maturity securities $ 0   $ 0