Fair Value Measurements - Level 3 Reconciliation (Details) - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
$ 28
|
$ (19)
|
$ (41)
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward] |
|
|
|
| Balance, beginning |
(2,662)
|
(3,468)
|
(2,538)
|
| Total realized and unrealized gains (losses) included in Net Income |
551
|
927
|
(235)
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Purchases |
319
|
521
|
120
|
| Sales |
(830)
|
(653)
|
(646)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
294
|
293
|
(112)
|
| Gross Transfers into Level 3 |
(180)
|
(74)
|
(235)
|
| Gross Transfers out of Level 3 |
(385)
|
(208)
|
178
|
| Balance, ending |
(2,893)
|
(2,662)
|
(3,468)
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
$ 259
|
$ 800
|
$ (953)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Other income, Market making and similar activities
|
Other income, Market making and similar activities
|
Other income, Market making and similar activities
|
| Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Other income, Market making and similar activities
|
Other income, Market making and similar activities
|
Other income, Market making and similar activities
|
| Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] |
Net change in debt securities, Net change in foreign currency translation adjustments, Net change in debit valuation adjustments
|
Net change in debt securities, Net change in foreign currency translation adjustments, Net change in debit valuation adjustments
|
Net change in debt securities, Net change in foreign currency translation adjustments, Net change in debit valuation adjustments
|
| Gains (losses) in OCI |
$ 28
|
$ (19)
|
$ (41)
|
| Derivative assets |
398,300
|
348,400
|
|
| Derivative liabilities |
398,500
|
355,500
|
|
| Level 3 | Recurring |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Derivative assets |
3,213
|
3,133
|
2,800
|
| Derivative liabilities |
6,106
|
5,795
|
6,200
|
| Trading account liabilities – Equity securities |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
|
0
|
(2)
|
| Total realized and unrealized gains (losses) included in Net Income |
|
|
1
|
| Gains (losses) in OCI |
|
|
0
|
| Purchases |
|
|
0
|
| Sales |
|
|
0
|
| Issuances |
|
|
0
|
| Settlements |
|
|
0
|
| Gross Transfers into Level 3 |
|
|
0
|
| Gross Transfers out of Level 3 |
|
|
1
|
| Balance, ending |
|
|
0
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
|
|
0
|
| Trading account liabilities – Corporate securities and other |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
(11)
|
(16)
|
(15)
|
| Total realized and unrealized gains (losses) included in Net Income |
5
|
6
|
8
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Purchases |
(4)
|
0
|
(7)
|
| Sales |
0
|
0
|
(3)
|
| Issuances |
0
|
(1)
|
0
|
| Settlements |
(2)
|
0
|
1
|
| Gross Transfers into Level 3 |
(46)
|
0
|
0
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
| Balance, ending |
(58)
|
(11)
|
(16)
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
1
|
0
|
0
|
| Short-term borrowings |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
0
|
|
|
| Total realized and unrealized gains (losses) included in Net Income |
3
|
|
|
| Gains (losses) in OCI |
0
|
|
|
| Purchases |
0
|
|
|
| Sales |
(17)
|
|
|
| Issuances |
0
|
|
|
| Settlements |
0
|
|
|
| Gross Transfers into Level 3 |
(3)
|
|
|
| Gross Transfers out of Level 3 |
3
|
|
|
| Balance, ending |
(14)
|
0
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
2
|
|
|
| Accrued expenses and other liabilities |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
0
|
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(23)
|
|
|
| Gains (losses) in OCI |
0
|
|
|
| Purchases |
(9)
|
|
|
| Sales |
0
|
|
|
| Issuances |
0
|
|
|
| Settlements |
0
|
|
|
| Gross Transfers into Level 3 |
0
|
|
|
| Gross Transfers out of Level 3 |
0
|
|
|
| Balance, ending |
(32)
|
0
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(7)
|
|
|
| Long-term debt |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
(1,075)
|
(1,164)
|
(1,149)
|
| Total realized and unrealized gains (losses) included in Net Income |
(197)
|
(92)
|
(46)
|
| Gains (losses) in OCI |
82
|
13
|
2
|
| Purchases |
0
|
(6)
|
(104)
|
| Sales |
14
|
15
|
0
|
| Issuances |
(1)
|
(12)
|
(47)
|
| Settlements |
57
|
98
|
218
|
| Gross Transfers into Level 3 |
(24)
|
(65)
|
(52)
|
| Gross Transfers out of Level 3 |
282
|
138
|
14
|
| Balance, ending |
(862)
|
(1,075)
|
(1,164)
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(200)
|
(113)
|
(5)
|
| Total trading account assets |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
4,223
|
3,380
|
3,781
|
| Total realized and unrealized gains (losses) included in Net Income |
(250)
|
(62)
|
(256)
|
| Gains (losses) in OCI |
14
|
(20)
|
(50)
|
| Purchases |
1,897
|
1,404
|
1,161
|
| Sales |
(1,078)
|
(1,226)
|
(1,102)
|
| Issuances |
0
|
7
|
21
|
| Settlements |
(790)
|
(507)
|
(420)
|
| Gross Transfers into Level 3 |
1,672
|
2,127
|
1,604
|
| Gross Transfers out of Level 3 |
(1,089)
|
(880)
|
(1,359)
|
| Balance, ending |
4,599
|
4,223
|
3,380
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(180)
|
(180)
|
(178)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
14
|
(20)
|
(50)
|
| Corporate securities, trading loans and other |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
2,110
|
1,359
|
1,507
|
| Total realized and unrealized gains (losses) included in Net Income |
(52)
|
(17)
|
(138)
|
| Gains (losses) in OCI |
(2)
|
0
|
(1)
|
| Purchases |
1,069
|
765
|
430
|
| Sales |
(384)
|
(437)
|
(242)
|
| Issuances |
0
|
0
|
10
|
| Settlements |
(606)
|
(327)
|
(282)
|
| Gross Transfers into Level 3 |
1,023
|
1,218
|
639
|
| Gross Transfers out of Level 3 |
(774)
|
(451)
|
(564)
|
| Balance, ending |
2,384
|
2,110
|
1,359
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(78)
|
(79)
|
(102)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
(2)
|
0
|
(1)
|
| Equity securities |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
190
|
227
|
239
|
| Total realized and unrealized gains (losses) included in Net Income |
(3)
|
(18)
|
(43)
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Purchases |
45
|
103
|
78
|
| Sales |
(25)
|
(68)
|
(53)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(4)
|
0
|
(3)
|
| Gross Transfers into Level 3 |
38
|
112
|
58
|
| Gross Transfers out of Level 3 |
(96)
|
(166)
|
(49)
|
| Balance, ending |
145
|
190
|
227
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(6)
|
(44)
|
(31)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Non-U.S. sovereign debt |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
396
|
354
|
482
|
| Total realized and unrealized gains (losses) included in Net Income |
59
|
31
|
45
|
| Gains (losses) in OCI |
16
|
(20)
|
(46)
|
| Purchases |
54
|
18
|
76
|
| Sales |
(4)
|
0
|
(61)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(68)
|
(13)
|
(39)
|
| Gross Transfers into Level 3 |
75
|
26
|
150
|
| Gross Transfers out of Level 3 |
(10)
|
0
|
(253)
|
| Balance, ending |
518
|
396
|
354
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
56
|
34
|
47
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
16
|
(20)
|
(46)
|
| Mortgage trading loans, MBS and ABS |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
1,527
|
1,440
|
1,553
|
| Total realized and unrealized gains (losses) included in Net Income |
(254)
|
(58)
|
(120)
|
| Gains (losses) in OCI |
0
|
0
|
(3)
|
| Purchases |
729
|
518
|
577
|
| Sales |
(665)
|
(721)
|
(746)
|
| Issuances |
0
|
7
|
11
|
| Settlements |
(112)
|
(167)
|
(96)
|
| Gross Transfers into Level 3 |
536
|
771
|
757
|
| Gross Transfers out of Level 3 |
(209)
|
(263)
|
(493)
|
| Balance, ending |
1,552
|
1,527
|
1,440
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(152)
|
(91)
|
(92)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
0
|
0
|
(3)
|
| Total AFS debt securities |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
439
|
643
|
599
|
| Total realized and unrealized gains (losses) included in Net Income |
10
|
5
|
(22)
|
| Gains (losses) in OCI |
(44)
|
(118)
|
6
|
| Purchases |
126
|
8
|
32
|
| Sales |
(8)
|
(108)
|
(59)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(100)
|
(51)
|
(214)
|
| Gross Transfers into Level 3 |
385
|
304
|
441
|
| Gross Transfers out of Level 3 |
(304)
|
(244)
|
(140)
|
| Balance, ending |
504
|
439
|
643
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
1
|
(11)
|
(21)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
(44)
|
(118)
|
6
|
| Non-agency residential MBS |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
316
|
378
|
424
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
(11)
|
(2)
|
| Gains (losses) in OCI |
(35)
|
(111)
|
3
|
| Purchases |
0
|
0
|
23
|
| Sales |
(8)
|
(98)
|
(54)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(75)
|
(45)
|
(44)
|
| Gross Transfers into Level 3 |
73
|
304
|
158
|
| Gross Transfers out of Level 3 |
(13)
|
(101)
|
(130)
|
| Balance, ending |
258
|
316
|
378
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
8
|
(2)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
(35)
|
(111)
|
3
|
| Non-U.S. and other taxable securities |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
71
|
89
|
67
|
| Total realized and unrealized gains (losses) included in Net Income |
10
|
(4)
|
1
|
| Gains (losses) in OCI |
(10)
|
(7)
|
0
|
| Purchases |
126
|
8
|
9
|
| Sales |
0
|
(10)
|
(5)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(22)
|
(4)
|
(1)
|
| Gross Transfers into Level 3 |
311
|
0
|
18
|
| Gross Transfers out of Level 3 |
(291)
|
(1)
|
0
|
| Balance, ending |
195
|
71
|
89
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
1
|
0
|
1
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
(10)
|
(7)
|
0
|
| Tax-exempt securities |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
52
|
176
|
108
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
20
|
(21)
|
| Gains (losses) in OCI |
1
|
0
|
3
|
| Purchases |
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(3)
|
(2)
|
(169)
|
| Gross Transfers into Level 3 |
1
|
0
|
265
|
| Gross Transfers out of Level 3 |
0
|
(142)
|
(10)
|
| Balance, ending |
51
|
52
|
176
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
(19)
|
(20)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
1
|
0
|
3
|
| Other debt securities carried at fair value – Non-agency residential MBS |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
242
|
267
|
299
|
| Total realized and unrealized gains (losses) included in Net Income |
(19)
|
1
|
26
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Purchases |
0
|
0
|
0
|
| Sales |
0
|
(45)
|
(180)
|
| Issuances |
0
|
0
|
0
|
| Settlements |
(111)
|
(37)
|
(24)
|
| Gross Transfers into Level 3 |
30
|
101
|
190
|
| Gross Transfers out of Level 3 |
(23)
|
(45)
|
(44)
|
| Balance, ending |
119
|
242
|
267
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
14
|
10
|
3
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Loans and leases |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
748
|
717
|
693
|
| Total realized and unrealized gains (losses) included in Net Income |
(45)
|
62
|
(4)
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Purchases |
0
|
59
|
145
|
| Sales |
(154)
|
(13)
|
(76)
|
| Issuances |
82
|
70
|
22
|
| Settlements |
(129)
|
(180)
|
(161)
|
| Gross Transfers into Level 3 |
0
|
46
|
98
|
| Gross Transfers out of Level 3 |
(249)
|
(13)
|
0
|
| Balance, ending |
253
|
748
|
717
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(21)
|
65
|
9
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
| Loans held-for-sale |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
317
|
236
|
375
|
| Total realized and unrealized gains (losses) included in Net Income |
9
|
13
|
26
|
| Gains (losses) in OCI |
4
|
(6)
|
(28)
|
| Purchases |
171
|
132
|
0
|
| Sales |
(6)
|
(1)
|
(489)
|
| Issuances |
0
|
0
|
691
|
| Settlements |
(271)
|
(79)
|
(119)
|
| Gross Transfers into Level 3 |
8
|
26
|
93
|
| Gross Transfers out of Level 3 |
0
|
(4)
|
(313)
|
| Balance, ending |
232
|
317
|
236
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
19
|
18
|
(5)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
4
|
(6)
|
(28)
|
| Other assets |
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Balance, beginning |
1,572
|
1,970
|
2,360
|
| Total realized and unrealized gains (losses) included in Net Income |
305
|
7
|
(288)
|
| Gains (losses) in OCI |
(21)
|
3
|
3
|
| Purchases |
39
|
26
|
178
|
| Sales |
(35)
|
(202)
|
(4)
|
| Issuances |
208
|
144
|
224
|
| Settlements |
(271)
|
(383)
|
(506)
|
| Gross Transfers into Level 3 |
5
|
9
|
5
|
| Gross Transfers out of Level 3 |
(3)
|
(2)
|
(2)
|
| Balance, ending |
1,799
|
1,572
|
1,970
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
213
|
3
|
(374)
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
| Gains (losses) in OCI |
$ (21)
|
$ 3
|
$ 3
|