Annual report pursuant to Section 13 and 15(d)

Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details)

v3.22.4
Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Deferred tax assets    
Net operating loss carryforwards $ 9,029 $ 9,360
Security, loan and debt valuations 4,788 2,746
Allowance for credit losses 3,503 3,097
Lease liability 2,443 2,508
Employee compensation and retirement benefits 1,625 1,392
Accrued expenses 1,143 1,626
Available-for-sale securities 960 0
Credit carryforwards 769 705
Other 1,371 1,160
Gross deferred tax assets 25,631 22,594
Valuation allowance (2,133) (1,988)
Total deferred tax assets, net of valuation allowance 23,498 20,606
Deferred tax liabilities    
Equipment lease financing 2,432 3,083
Right-of-use asset 2,303 2,358
ESG-related tax credit investments 1,759 1,387
Fixed Assets 1,200 2,082
Available-for-sale securities 0 1,016
Other 2,459 1,527
Gross deferred tax liabilities 10,153 11,453
Net deferred tax assets $ 13,345 $ 9,153