Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.23.2
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 152,081 $ 146,999
Contractual Principal Outstanding    
Assets 152,147 147,158
Fair Value Carrying Amount Less Unpaid Principal    
Assets (66) (159)
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 8,664 10,143
Contractual Principal Outstanding    
Assets 16,280 17,682
Fair Value Carrying Amount Less Unpaid Principal    
Assets (7,616) (7,539)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 24,172 20,770
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 4,327 5,771
Contractual Principal Outstanding    
Assets 4,412 5,897
Fair Value Carrying Amount Less Unpaid Principal    
Assets (85) (126)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 2,063 1,115
Contractual Principal Outstanding    
Assets 2,865 1,873
Fair Value Carrying Amount Less Unpaid Principal    
Assets (802) (758)
Other assets    
Fair Value Carrying Amount    
Assets 672 620
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 379 311
Contractual Principal Outstanding    
Liabilities 453 381
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (74) (70)
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 214,991 151,708
Contractual Principal Outstanding    
Liabilities 215,144 151,885
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (153) (177)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 2,239 832
Contractual Principal Outstanding    
Liabilities 2,261 833
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (22) (1)
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 75 110
Accrued expenses and other liabilities    
Fair Value Carrying Amount    
Liabilities 1,425 1,217
Contractual Principal Outstanding    
Liabilities 1,454 1,161
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (29) 56
Long-term debt    
Fair Value Carrying Amount    
Liabilities 40,622 33,070
Contractual Principal Outstanding    
Liabilities 44,483 36,830
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (3,861) $ (3,760)