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)

v3.22.2
Securitizations and Other Variable Interest Entities - Home Equity Loan, Credit Card and Other Asset-backed VIEs (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
On-balance sheet assets            
Trading account assets $ 294,027   $ 247,080      
Debt securities carried at fair value 274,665   308,073      
Held-to-maturity securities 658,284   674,591      
Total assets 3,111,606   3,169,495 $ 3,029,894    
Loans and leases 1,030,766   979,124      
Allowance for loan and lease losses (11,973) $ (12,104) (12,387) $ (14,095) $ (16,168) $ (18,802)
Other assets 159,971   163,869      
On-balance sheet liabilities            
Long-term debt 275,697   280,117      
Total liabilities 2,842,488   2,899,429      
Consolidated VIEs            
On-balance sheet assets            
Trading account assets 2,294   5,004      
Total assets 17,809   21,370      
Loans and leases 16,170   17,135      
Allowance for loan and lease losses (832)   (958)      
Other assets 177   189      
On-balance sheet liabilities            
Long-term debt 4,509   3,587      
All other liabilities 12   7      
Total liabilities 4,686   3,841      
Home equity | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 130   152      
On-balance sheet assets            
Total retained positions 1   1      
Total assets 366   430      
Home equity | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 38   45      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 131   157      
Loans and leases 116   140      
Allowance for loan and lease losses 13   14      
Other assets 2   3      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 94   113      
All other liabilities 0   0      
Total liabilities 94   113      
Home equity | Senior securities: | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 0   0      
Debt securities carried at fair value 1   1      
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 8,937   10,279      
On-balance sheet assets            
Trading account assets 0   0      
Total assets 13,197   13,534      
Loans and leases 13,981   14,434      
Allowance for loan and lease losses (843)   (970)      
Other assets 59   70      
On-balance sheet liabilities            
Short-term borrowings 0   0      
Long-term debt 4,248   3,248      
All other liabilities 12   7      
Total liabilities 4,260   3,255      
Residual interests 2,700   4,300      
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 5,799   6,089      
On-balance sheet assets            
Total retained positions 5,799   6,089      
Total assets 14,993   18,633      
Resecuritization Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 149   680      
On-balance sheet assets            
Trading account assets 156   686      
Total assets 156   686      
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 7   6      
All other liabilities 0   0      
Total liabilities 7   6      
Resecuritization Trusts | Senior securities: | Unconsolidated VIEs            
On-balance sheet assets            
Trading account assets 1,599   1,030      
Debt securities carried at fair value 1,467   1,903      
Held-to-maturity securities 2,733   3,156      
Municipal Bond Trusts | Unconsolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 3,379   4,094      
On-balance sheet assets            
Total retained positions 0   0      
Total assets 3,907   4,655      
Municipal Bond Trusts | Consolidated VIEs            
Variable Interest Entity [Line Items]            
Maximum loss exposure 155   210      
On-balance sheet assets            
Trading account assets 63   122      
Total assets 155   210      
Loans and leases 0   0      
Allowance for loan and lease losses 0   0      
Other assets 92   88      
On-balance sheet liabilities            
Short-term borrowings 133   196      
Long-term debt 0   0      
All other liabilities 0   0      
Total liabilities 133   196      
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