Annual report pursuant to Section 13 and 15(d)

Fair Value Option - Elections (Details)

v3.24.0.1
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 133,053 $ 146,999
Contractual Principal Outstanding    
Assets 133,001 147,158
Fair Value Carrying Amount Less Unpaid Principal    
Assets 52 (159)
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 8,377 10,143
Contractual Principal Outstanding    
Assets 15,580 17,682
Fair Value Carrying Amount Less Unpaid Principal    
Assets (7,203) (7,539)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 25,282 20,770
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 3,569 5,771
Contractual Principal Outstanding    
Assets 3,618 5,897
Fair Value Carrying Amount Less Unpaid Principal    
Assets (49) (126)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 2,059 1,115
Contractual Principal Outstanding    
Assets 2,873 1,873
Fair Value Carrying Amount Less Unpaid Principal    
Assets (814) (758)
Other assets    
Fair Value Carrying Amount    
Assets 1,986 620
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 284 311
Contractual Principal Outstanding    
Liabilities 267 381
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 17 (70)
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 178,609 151,708
Contractual Principal Outstanding    
Liabilities 178,634 151,885
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (25) (177)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 4,690 832
Contractual Principal Outstanding    
Liabilities 4,694 833
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (4) (1)
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 67 110
Accrued expenses and other liabilities    
Fair Value Carrying Amount    
Liabilities 1,341 1,217
Contractual Principal Outstanding    
Liabilities 1,347 1,161
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (6) 56
Long-term debt    
Fair Value Carrying Amount    
Liabilities 42,809 33,070
Contractual Principal Outstanding    
Liabilities 46,707 36,830
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (3,898) $ (3,760)