Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.20.2
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 103,101 $ 50,364
Contractual Principal Outstanding    
Assets 103,050 50,318
Fair Value Carrying Amount Less Unpaid Principal    
Assets 51 46
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 6,003 6,989
Contractual Principal Outstanding    
Assets 15,294 14,703
Fair Value Carrying Amount Less Unpaid Principal    
Assets (9,291) (7,714)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 20,833 19,574
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 7,234 8,335
Contractual Principal Outstanding    
Assets 7,414 8,372
Fair Value Carrying Amount Less Unpaid Principal    
Assets (180) (37)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 1,905 3,709
Contractual Principal Outstanding    
Assets 2,836 4,879
Fair Value Carrying Amount Less Unpaid Principal    
Assets (931) (1,170)
Other assets    
Fair Value Carrying Amount    
Assets 27 4
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 626 508
Contractual Principal Outstanding    
Liabilities 579 496
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 47 12
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 132,322 16,008
Contractual Principal Outstanding    
Liabilities 132,325 16,029
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (3) (21)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 4,577 3,941
Contractual Principal Outstanding    
Liabilities 4,457 3,930
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 120 11
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 122 90
Long-term debt    
Fair Value Carrying Amount    
Liabilities 30,455 34,975
Contractual Principal Outstanding    
Liabilities 31,896 35,730
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (1,441) $ (755)