Annual report pursuant to Section 13 and 15(d)

Fair Value of Financial Instruments (Details)

v3.20.4
Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Financial assets    
Loans held-for-sale $ 1,585 $ 3,709
Financial liabilities    
Long-term debt 32,200 34,975
Demand deposits 799,000 545,500
Carrying Value    
Financial assets    
Loans 887,289 950,093
Loans held-for-sale 9,243 9,158
Financial liabilities    
Deposits 1,795,480 1,434,803
Long-term debt 262,934 240,856
Commercial unfunded lending commitments 1,977 903
Estimate of Fair Value Measurement    
Financial assets    
Loans 927,054 978,230
Loans held-for-sale 9,243 9,158
Financial liabilities    
Deposits 1,795,545 1,434,809
Long-term debt 272,479 248,525
Commercial unfunded lending commitments 5,258 4,867
Estimate of Fair Value Measurement | Level 2    
Financial assets    
Loans 49,372 63,633
Loans held-for-sale 7,864 8,439
Financial liabilities    
Deposits 1,795,545 1,434,809
Long-term debt 271,315 247,376
Commercial unfunded lending commitments 99 90
Estimate of Fair Value Measurement | Level 3    
Financial assets    
Loans 877,682 914,597
Loans held-for-sale 1,379 719
Financial liabilities    
Deposits 0 0
Long-term debt 1,164 1,149
Commercial unfunded lending commitments $ 5,159 $ 4,777