Annual report pursuant to Section 13 and 15(d)

Fair Value Option - Elections (Details)

v3.22.0.1
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 150,665 $ 108,856
Contractual Principal Outstanding    
Assets 150,677 108,811
Fair Value Carrying Amount Less Unpaid Principal    
Assets (12) 45
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 10,864 7,967
Contractual Principal Outstanding    
Assets 18,895 17,372
Fair Value Carrying Amount Less Unpaid Principal    
Assets (8,031) (9,405)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 21,986 22,790
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 7,819 6,681
Contractual Principal Outstanding    
Assets 7,888 6,778
Fair Value Carrying Amount Less Unpaid Principal    
Assets (69) (97)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 4,455 1,585
Contractual Principal Outstanding    
Assets 5,343 2,521
Fair Value Carrying Amount Less Unpaid Principal    
Assets (888) (936)
Other assets    
Fair Value Carrying Amount    
Assets 544 200
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 408 481
Contractual Principal Outstanding    
Liabilities 401 448
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 7 33
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 139,641 135,391
Contractual Principal Outstanding    
Liabilities 139,682 135,390
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (41) 1
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 4,279 5,874
Contractual Principal Outstanding    
Liabilities 4,127 5,178
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 152 696
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 97 99
Long-term debt    
Fair Value Carrying Amount    
Liabilities 29,708 32,200
Contractual Principal Outstanding    
Liabilities 30,903 33,470
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (1,195) $ (1,270)