Fair Value Measurements - Level 3 Reconciliation (Details) - USD ($)
$ in Millions |
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
Dec. 31, 2019 |
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Gains (losses) in OCI |
$ (8)
|
$ 53
|
$ (47)
|
$ 47
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(3,343)
|
(1,114)
|
(2,538)
|
(935)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
228
|
73
|
111
|
(43)
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
39
|
81
|
216
|
248
|
|
| Sales |
(177)
|
(270)
|
(558)
|
(676)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(58)
|
(36)
|
(224)
|
(124)
|
|
| Gross Transfers into Level 3 |
3
|
0
|
(273)
|
139
|
|
| Gross Transfers out of Level 3 |
(223)
|
34
|
(265)
|
159
|
|
| Balance, ending |
(3,531)
|
(1,232)
|
(3,531)
|
(1,232)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
196
|
52
|
(356)
|
(110)
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
|
|
| Derivative assets, gross |
418,100
|
|
418,100
|
|
$ 344,800
|
| Derivative liabilities, gross |
413,100
|
|
413,100
|
|
337,100
|
| Trading account liabilities – Equity securities |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(1)
|
(2)
|
(2)
|
0
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
1
|
(2)
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
0
|
|
| Gross Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
(1)
|
(2)
|
(1)
|
(2)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
1
|
(2)
|
|
| Trading account liabilities – Corporate securities and other |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(16)
|
(13)
|
(15)
|
(18)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
2
|
1
|
7
|
8
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
(1)
|
(7)
|
0
|
|
| Sales |
(2)
|
0
|
(2)
|
(3)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
1
|
0
|
|
| Gross Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
(16)
|
(13)
|
(16)
|
(13)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
(1)
|
0
|
(1)
|
|
| Long-term debt |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(956)
|
(902)
|
(1,149)
|
(817)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(50)
|
16
|
5
|
(71)
|
|
| Gains (losses) in OCI |
(10)
|
1
|
50
|
0
|
|
| Purchases |
0
|
(27)
|
8
|
(27)
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
(45)
|
(13)
|
|
| Settlements |
46
|
49
|
201
|
125
|
|
| Gross Transfers into Level 3 |
0
|
(1)
|
(52)
|
(62)
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
12
|
1
|
|
| Balance, ending |
(970)
|
(864)
|
(970)
|
(864)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(50)
|
16
|
(10)
|
(64)
|
|
| Level 3 | Recurring |
|
|
|
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
|
|
| Derivative assets, gross |
2,498
|
3,400
|
2,498
|
3,400
|
2,226
|
| Derivative liabilities, gross |
6,029
|
4,600
|
6,029
|
4,600
|
$ 4,764
|
| Corporate securities, trading loans and other |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,548
|
1,393
|
1,507
|
1,558
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(20)
|
28
|
(150)
|
86
|
|
| Gains (losses) in OCI |
0
|
0
|
(1)
|
0
|
|
| Purchases |
0
|
158
|
280
|
352
|
|
| Sales |
(49)
|
(153)
|
(181)
|
(305)
|
|
| Issuances |
0
|
0
|
8
|
0
|
|
| Settlements |
(91)
|
(143)
|
(165)
|
(349)
|
|
| Gross Transfers into Level 3 |
136
|
356
|
520
|
602
|
|
| Gross Transfers out of Level 3 |
(54)
|
(48)
|
(348)
|
(353)
|
|
| Balance, ending |
1,470
|
1,591
|
1,470
|
1,591
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(34)
|
0
|
(128)
|
33
|
|
| Equity securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
194
|
296
|
239
|
276
|
|
| Total realized and unrealized gains (losses) included in Net Income |
8
|
(8)
|
(17)
|
14
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
4
|
17
|
33
|
38
|
|
| Sales |
(3)
|
(81)
|
(37)
|
(87)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
(1)
|
0
|
(4)
|
|
| Gross Transfers into Level 3 |
7
|
66
|
32
|
69
|
|
| Gross Transfers out of Level 3 |
(3)
|
(10)
|
(43)
|
(27)
|
|
| Balance, ending |
207
|
279
|
207
|
279
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
3
|
(31)
|
(20)
|
(14)
|
|
| Non-U.S. sovereign debt |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
248
|
481
|
482
|
465
|
|
| Total realized and unrealized gains (losses) included in Net Income |
7
|
9
|
35
|
36
|
|
| Gains (losses) in OCI |
(6)
|
(28)
|
(69)
|
(24)
|
|
| Purchases |
1
|
0
|
76
|
1
|
|
| Sales |
(2)
|
0
|
(61)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(1)
|
(36)
|
(20)
|
(47)
|
|
| Gross Transfers into Level 3 |
83
|
39
|
100
|
39
|
|
| Gross Transfers out of Level 3 |
(40)
|
0
|
(253)
|
(5)
|
|
| Balance, ending |
290
|
465
|
290
|
465
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
6
|
10
|
33
|
37
|
|
| Mortgage trading loans, ABS and other MBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,736
|
1,389
|
1,553
|
1,635
|
|
| Total realized and unrealized gains (losses) included in Net Income |
2
|
(8)
|
(145)
|
80
|
|
| Gains (losses) in OCI |
0
|
0
|
(3)
|
(2)
|
|
| Purchases |
36
|
91
|
502
|
488
|
|
| Sales |
(108)
|
(156)
|
(582)
|
(817)
|
|
| Issuances |
11
|
0
|
11
|
0
|
|
| Settlements |
(12)
|
(48)
|
(52)
|
(172)
|
|
| Gross Transfers into Level 3 |
167
|
316
|
659
|
583
|
|
| Gross Transfers out of Level 3 |
(62)
|
(21)
|
(173)
|
(232)
|
|
| Balance, ending |
1,770
|
1,563
|
1,770
|
1,563
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
10
|
(24)
|
(135)
|
13
|
|
| Trading account assets |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
3,726
|
3,559
|
3,781
|
3,934
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(3)
|
21
|
(277)
|
216
|
|
| Gains (losses) in OCI |
(6)
|
(28)
|
(73)
|
(26)
|
|
| Purchases |
41
|
266
|
891
|
879
|
|
| Sales |
(162)
|
(390)
|
(861)
|
(1,209)
|
|
| Issuances |
11
|
0
|
19
|
0
|
|
| Settlements |
(104)
|
(228)
|
(237)
|
(572)
|
|
| Gross Transfers into Level 3 |
393
|
777
|
1,311
|
1,293
|
|
| Gross Transfers out of Level 3 |
(159)
|
(79)
|
(817)
|
(617)
|
|
| Balance, ending |
3,737
|
3,898
|
3,737
|
3,898
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(15)
|
(45)
|
(250)
|
69
|
|
| Non-agency residential MBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
462
|
568
|
424
|
597
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
(5)
|
0
|
|
| Gains (losses) in OCI |
5
|
(13)
|
(4)
|
77
|
|
| Purchases |
0
|
0
|
23
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(10)
|
(8)
|
(32)
|
(29)
|
|
| Gross Transfers into Level 3 |
25
|
0
|
158
|
206
|
|
| Gross Transfers out of Level 3 |
(42)
|
(39)
|
(124)
|
(343)
|
|
| Balance, ending |
440
|
508
|
440
|
508
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
(5)
|
0
|
|
| Non-U.S. securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
5
|
2
|
2
|
2
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
0
|
0
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
(1)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(1)
|
0
|
(1)
|
0
|
|
| Gross Transfers into Level 3 |
10
|
0
|
14
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
14
|
2
|
14
|
2
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
0
|
0
|
|
| Other taxable securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
65
|
3
|
65
|
7
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
0
|
0
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
3
|
0
|
6
|
0
|
|
| Sales |
0
|
0
|
(4)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
(4)
|
|
| Gross Transfers into Level 3 |
0
|
0
|
1
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
68
|
3
|
68
|
3
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
0
|
0
|
|
| Tax-exempt securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
337
|
|
108
|
|
|
| Total realized and unrealized gains (losses) included in Net Income |
15
|
|
(19)
|
|
|
| Gains (losses) in OCI |
0
|
|
3
|
|
|
| Purchases |
0
|
|
0
|
|
|
| Sales |
0
|
|
0
|
|
|
| Issuances |
0
|
|
0
|
|
|
| Settlements |
(167)
|
|
(167)
|
|
|
| Gross Transfers into Level 3 |
0
|
|
265
|
|
|
| Gross Transfers out of Level 3 |
(5)
|
|
(10)
|
|
|
| Balance, ending |
180
|
|
180
|
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
15
|
|
(18)
|
|
|
| Available-for-sale Securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
869
|
573
|
599
|
606
|
|
| Total realized and unrealized gains (losses) included in Net Income |
15
|
0
|
(24)
|
0
|
|
| Gains (losses) in OCI |
5
|
(13)
|
(1)
|
77
|
|
| Purchases |
3
|
0
|
29
|
0
|
|
| Sales |
0
|
0
|
(5)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(178)
|
(8)
|
(200)
|
(33)
|
|
| Gross Transfers into Level 3 |
35
|
0
|
438
|
206
|
|
| Gross Transfers out of Level 3 |
(47)
|
(39)
|
(134)
|
(343)
|
|
| Balance, ending |
702
|
513
|
702
|
513
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
15
|
0
|
(23)
|
0
|
|
| Other debt securities carried at fair value – Non-agency residential MBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
449
|
273
|
299
|
172
|
|
| Total realized and unrealized gains (losses) included in Net Income |
18
|
(8)
|
12
|
41
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(11)
|
(5)
|
(19)
|
(13)
|
|
| Gross Transfers into Level 3 |
2
|
48
|
178
|
155
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
(12)
|
(47)
|
|
| Balance, ending |
458
|
308
|
458
|
308
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
17
|
(8)
|
(12)
|
38
|
|
| Loans and leases |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
741
|
355
|
693
|
338
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(2)
|
8
|
(74)
|
12
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
27
|
32
|
27
|
|
| Sales |
(25)
|
(17)
|
(26)
|
(32)
|
|
| Issuances |
0
|
44
|
22
|
97
|
|
| Settlements |
(89)
|
(16)
|
(120)
|
(41)
|
|
| Gross Transfers into Level 3 |
0
|
0
|
98
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
625
|
401
|
625
|
401
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(5)
|
8
|
(61)
|
11
|
|
| Loans held-for-sale |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
970
|
486
|
375
|
542
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(7)
|
5
|
(7)
|
43
|
|
| Gains (losses) in OCI |
(2)
|
(11)
|
(35)
|
(11)
|
|
| Purchases |
0
|
2
|
0
|
12
|
|
| Sales |
(25)
|
0
|
(106)
|
(71)
|
|
| Issuances |
0
|
0
|
691
|
11
|
|
| Settlements |
(14)
|
(96)
|
(89)
|
(199)
|
|
| Gross Transfers into Level 3 |
0
|
0
|
93
|
59
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
922
|
386
|
922
|
386
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(10)
|
(7)
|
(19)
|
13
|
|
| Other assets |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,911
|
2,551
|
2,360
|
2,932
|
|
| Total realized and unrealized gains (losses) included in Net Income |
25
|
(40)
|
(294)
|
(194)
|
|
| Gains (losses) in OCI |
6
|
(5)
|
(11)
|
11
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
1
|
0
|
2
|
(10)
|
|
| Issuances |
53
|
53
|
206
|
161
|
|
| Settlements |
(121)
|
(163)
|
(391)
|
(504)
|
|
| Gross Transfers into Level 3 |
0
|
4
|
5
|
4
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
(2)
|
0
|
|
| Balance, ending |
1,875
|
2,400
|
1,875
|
2,400
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
$ 4
|
$ (82)
|
$ (373)
|
$ (342)
|
|