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)

v3.21.2
Securitizations and Other Variable Interest Entities - Home Equity Loan, Credit Card and Other Asset-backed VIEs (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
On-balance sheet assets            
Trading account assets $ 291,733   $ 198,854      
Debt securities carried at fair value 288,913   246,601      
Held-to-maturity securities 651,434   438,279      
Total assets 3,029,894   2,819,627 $ 2,741,688    
Loans and leases 918,928   927,861      
Allowance for loan and lease losses (14,095) $ (16,168) (18,802) $ (19,389) $ (15,766) $ (12,358)
Other assets 159,522   135,203      
On-balance sheet liabilities            
Long-term debt 274,604   262,934      
Total liabilities 2,752,775   2,546,703      
Consolidated VIEs            
On-balance sheet assets            
Trading account assets 4,418   5,225      
Total assets 21,475   28,555      
Loans and leases 16,970   23,636      
Allowance for loan and lease losses (1,047)   (1,693)      
Other assets 1,134   1,387      
On-balance sheet liabilities            
Long-term debt 5,137   7,053      
All other liabilities 15   16      
Total liabilities 5,476   7,523      
Home equity | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 179   206      
On-balance sheet assets            
Total retained positions 1   2      
Total assets 501   609      
Home equity | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 52   58      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 201   236      
Loans and leases 183   218      
Allowance for loan and lease losses 15   14      
Other assets 3   4      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 150   178      
All other liabilities 0   0      
Total liabilities 150   178      
Home equity | Senior securities: | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 0   0      
Debt securities carried at fair value 1   2      
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 retained positions 0   0      
Total assets 0   0      
Credit card | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 9,960   14,606      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 14,472   20,895      
Loans and leases 14,468   21,310      
Allowance for loan and lease losses (1,059)   (1,704)      
Other assets 1,063   1,289      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 4,497   6,273      
All other liabilities 15   16      
Total liabilities 4,512   6,289      
Residual interests 3,000   7,600      
Credit card | Senior securities: | 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 6,788   8,543      
On-balance sheet assets            
Total retained positions 6,788   8,543      
Total assets 15,535   17,250      
Resecuritization Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 281   217      
On-balance sheet assets            
Trading account assets 284   217      
Total assets 284   217      
Loans and leases 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 3   0      
All other liabilities 0   0      
Total liabilities 3   0      
Resecuritization Trusts | Senior securities: | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 617   948      
Debt securities carried at fair value 2,282   2,727      
Held-to-maturity securities 3,889   4,868      
Municipal Bond Trusts | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 3,736   3,507      
On-balance sheet assets            
Total retained positions 0   0      
Total assets 4,305   4,042      
Municipal Bond Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 309   1,030      
On-balance sheet assets            
Trading account assets 269   990      
Total assets 309   1,030      
Loans and leases 0   0      
Allowance for loan and lease losses 0   0      
Other assets 40   40      
On-balance sheet liabilities            
Short-term borrowings 287   432      
Long-term debt 0   0      
All other liabilities 0   0      
Total liabilities 287   432      
Municipal Bond Trusts | Senior securities: | 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