Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.23.1
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 163,505 $ 146,999
Contractual Principal Outstanding    
Assets 163,392 147,158
Fair Value Carrying Amount Less Unpaid Principal    
Assets 113 (159)
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 10,296 10,143
Contractual Principal Outstanding    
Assets 17,946 17,682
Fair Value Carrying Amount Less Unpaid Principal    
Assets (7,650) (7,539)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 22,423 20,770
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 4,397 5,771
Contractual Principal Outstanding    
Assets 4,571 5,897
Fair Value Carrying Amount Less Unpaid Principal    
Assets (174) (126)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 1,386 1,115
Contractual Principal Outstanding    
Assets 2,240 1,873
Fair Value Carrying Amount Less Unpaid Principal    
Assets (854) (758)
Other assets    
Fair Value Carrying Amount    
Assets 633 620
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 378 311
Contractual Principal Outstanding    
Liabilities 432 381
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (54) (70)
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 234,338 151,708
Contractual Principal Outstanding    
Liabilities 234,496 151,885
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (158) (177)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 1,805 832
Contractual Principal Outstanding    
Liabilities 1,820 833
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (15) (1)
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 122 110
Accrued expenses and other liabilities    
Fair Value Carrying Amount    
Liabilities 1,544 1,217
Contractual Principal Outstanding    
Liabilities 1,523 1,161
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 21 56
Long-term debt    
Fair Value Carrying Amount    
Liabilities 39,413 33,070
Contractual Principal Outstanding    
Liabilities 43,379 36,830
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (3,966) $ (3,760)