Fair Value Measurements - Level 3 Reconciliation (Details) - USD ($)
$ in Millions |
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
Dec. 31, 2019 |
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Gains (losses) in OCI |
$ (126)
|
$ 11
|
$ (40)
|
$ 112
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(2,909)
|
(1,018)
|
(2,538)
|
(935)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(463)
|
(91)
|
(117)
|
(116)
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
137
|
56
|
177
|
167
|
|
| Sales |
(233)
|
(161)
|
(381)
|
(406)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(178)
|
(33)
|
(166)
|
(88)
|
|
| Gross Transfers into Level 3 |
252
|
17
|
(276)
|
139
|
|
| Gross Transfers out of Level 3 |
51
|
116
|
(42)
|
125
|
|
| Balance, ending |
(3,343)
|
(1,114)
|
(3,343)
|
(1,114)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(558)
|
(94)
|
(500)
|
(131)
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
|
|
| Derivative assets, gross |
432,000
|
|
432,000
|
|
$ 344,800
|
| Derivative liabilities, gross |
431,400
|
|
431,400
|
|
337,100
|
| Trading account liabilities – Equity securities |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(1)
|
0
|
(2)
|
0
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
(2)
|
1
|
(2)
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
0
|
|
| Gross Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
(1)
|
(2)
|
(1)
|
(2)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
(2)
|
1
|
(2)
|
|
| Trading account liabilities – Corporate securities and other |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(20)
|
(21)
|
(15)
|
(18)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
4
|
7
|
5
|
7
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
(1)
|
1
|
(7)
|
1
|
|
| Sales |
0
|
0
|
0
|
(3)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
1
|
0
|
1
|
0
|
|
| Gross Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
(16)
|
(13)
|
(16)
|
(13)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
1
|
0
|
|
| Long-term debt |
|
|
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
(721)
|
(890)
|
(1,149)
|
(817)
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(72)
|
(41)
|
55
|
(87)
|
|
| Gains (losses) in OCI |
(127)
|
0
|
60
|
(1)
|
|
| Purchases |
0
|
0
|
8
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
(32)
|
(10)
|
(45)
|
(13)
|
|
| Settlements |
14
|
38
|
155
|
76
|
|
| Gross Transfers into Level 3 |
(29)
|
0
|
(52)
|
(61)
|
|
| Gross Transfers out of Level 3 |
11
|
1
|
12
|
1
|
|
| Balance, ending |
(956)
|
(902)
|
(956)
|
(902)
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(74)
|
(41)
|
37
|
(82)
|
|
| Level 3 | Recurring |
|
|
|
|
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
|
|
| Derivative assets, gross |
2,562
|
3,400
|
2,562
|
3,400
|
2,226
|
| Derivative liabilities, gross |
5,905
|
4,500
|
5,905
|
4,500
|
$ 4,764
|
| Corporate securities, trading loans and other |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,640
|
1,428
|
1,507
|
1,558
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(27)
|
55
|
(130)
|
58
|
|
| Gains (losses) in OCI |
0
|
0
|
(1)
|
0
|
|
| Purchases |
64
|
140
|
280
|
194
|
|
| Sales |
(42)
|
(79)
|
(132)
|
(152)
|
|
| Issuances |
0
|
0
|
8
|
0
|
|
| Settlements |
(42)
|
(146)
|
(74)
|
(206)
|
|
| Gross Transfers into Level 3 |
147
|
107
|
384
|
246
|
|
| Gross Transfers out of Level 3 |
(192)
|
(112)
|
(294)
|
(305)
|
|
| Balance, ending |
1,548
|
1,393
|
1,548
|
1,393
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(27)
|
26
|
(122)
|
20
|
|
| Equity securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
249
|
288
|
239
|
276
|
|
| Total realized and unrealized gains (losses) included in Net Income |
1
|
20
|
(25)
|
22
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
3
|
3
|
29
|
21
|
|
| Sales |
(23)
|
(5)
|
(34)
|
(6)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
(3)
|
|
| Gross Transfers into Level 3 |
0
|
1
|
25
|
3
|
|
| Gross Transfers out of Level 3 |
(36)
|
(11)
|
(40)
|
(17)
|
|
| Balance, ending |
194
|
296
|
194
|
296
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
20
|
(23)
|
(4)
|
|
| Non-U.S. sovereign debt |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
250
|
472
|
482
|
465
|
|
| Total realized and unrealized gains (losses) included in Net Income |
26
|
19
|
28
|
27
|
|
| Gains (losses) in OCI |
(10)
|
5
|
(63)
|
4
|
|
| Purchases |
2
|
1
|
75
|
1
|
|
| Sales |
(11)
|
0
|
(59)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(9)
|
(11)
|
(19)
|
(11)
|
|
| Gross Transfers into Level 3 |
0
|
0
|
17
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
(5)
|
(213)
|
(5)
|
|
| Balance, ending |
248
|
481
|
248
|
481
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
26
|
19
|
28
|
27
|
|
| Mortgage trading loans, ABS and other MBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,733
|
1,510
|
1,553
|
1,635
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(22)
|
50
|
(147)
|
88
|
|
| Gains (losses) in OCI |
(1)
|
(1)
|
(3)
|
(2)
|
|
| Purchases |
104
|
167
|
466
|
397
|
|
| Sales |
(229)
|
(324)
|
(474)
|
(661)
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(21)
|
(115)
|
(40)
|
(124)
|
|
| Gross Transfers into Level 3 |
259
|
178
|
492
|
267
|
|
| Gross Transfers out of Level 3 |
(87)
|
(76)
|
(111)
|
(211)
|
|
| Balance, ending |
1,736
|
1,389
|
1,736
|
1,389
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(36)
|
4
|
(139)
|
20
|
|
| Trading account assets |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
3,872
|
3,698
|
3,781
|
3,934
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(22)
|
144
|
(274)
|
195
|
|
| Gains (losses) in OCI |
(11)
|
4
|
(67)
|
2
|
|
| Purchases |
173
|
311
|
850
|
613
|
|
| Sales |
(305)
|
(408)
|
(699)
|
(819)
|
|
| Issuances |
0
|
0
|
8
|
0
|
|
| Settlements |
(72)
|
(272)
|
(133)
|
(344)
|
|
| Gross Transfers into Level 3 |
406
|
286
|
918
|
516
|
|
| Gross Transfers out of Level 3 |
(315)
|
(204)
|
(658)
|
(538)
|
|
| Balance, ending |
3,726
|
3,559
|
3,726
|
3,559
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(37)
|
69
|
(256)
|
63
|
|
| Non-agency residential MBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
524
|
581
|
424
|
597
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(2)
|
0
|
(5)
|
0
|
|
| Gains (losses) in OCI |
4
|
(3)
|
(9)
|
90
|
|
| Purchases |
23
|
0
|
23
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(10)
|
(14)
|
(22)
|
(21)
|
|
| Gross Transfers into Level 3 |
5
|
47
|
133
|
206
|
|
| Gross Transfers out of Level 3 |
(82)
|
(43)
|
(82)
|
(304)
|
|
| Balance, ending |
462
|
568
|
462
|
568
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(2)
|
0
|
(5)
|
0
|
|
| Non-U.S. securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1
|
2
|
2
|
2
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
0
|
0
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
(1)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
0
|
|
| Gross Transfers into Level 3 |
4
|
0
|
4
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
5
|
2
|
5
|
2
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
0
|
0
|
|
| Other taxable securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
68
|
3
|
65
|
7
|
|
| Total realized and unrealized gains (losses) included in Net Income |
0
|
0
|
0
|
0
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
3
|
0
|
|
| Sales |
(4)
|
0
|
(4)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
0
|
0
|
0
|
(4)
|
|
| Gross Transfers into Level 3 |
1
|
0
|
1
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
65
|
3
|
65
|
3
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
0
|
0
|
0
|
0
|
|
| Tax-exempt securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
100
|
|
108
|
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(24)
|
|
(34)
|
|
|
| Gains (losses) in OCI |
1
|
|
3
|
|
|
| Purchases |
0
|
|
0
|
|
|
| Sales |
0
|
|
0
|
|
|
| Issuances |
0
|
|
0
|
|
|
| Settlements |
0
|
|
0
|
|
|
| Gross Transfers into Level 3 |
265
|
|
265
|
|
|
| Gross Transfers out of Level 3 |
(5)
|
|
(5)
|
|
|
| Balance, ending |
337
|
|
337
|
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(24)
|
|
(33)
|
|
|
| Available-for-sale Securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
693
|
586
|
599
|
606
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(26)
|
0
|
(39)
|
0
|
|
| Gains (losses) in OCI |
5
|
(3)
|
(6)
|
90
|
|
| Purchases |
23
|
0
|
26
|
0
|
|
| Sales |
(4)
|
0
|
(5)
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(10)
|
(14)
|
(22)
|
(25)
|
|
| Gross Transfers into Level 3 |
275
|
47
|
403
|
206
|
|
| Gross Transfers out of Level 3 |
(87)
|
(43)
|
(87)
|
(304)
|
|
| Balance, ending |
869
|
573
|
869
|
573
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
(26)
|
0
|
(38)
|
0
|
|
| 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 |
269
|
224
|
299
|
172
|
|
| Total realized and unrealized gains (losses) included in Net Income |
43
|
2
|
(6)
|
49
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
0
|
0
|
0
|
|
| Issuances |
0
|
0
|
0
|
0
|
|
| Settlements |
(4)
|
(7)
|
(8)
|
(8)
|
|
| Gross Transfers into Level 3 |
150
|
69
|
176
|
107
|
|
| Gross Transfers out of Level 3 |
(9)
|
(15)
|
(12)
|
(47)
|
|
| Balance, ending |
449
|
273
|
449
|
273
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
43
|
2
|
(29)
|
47
|
|
| Loans and leases |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
558
|
317
|
693
|
338
|
|
| Total realized and unrealized gains (losses) included in Net Income |
47
|
0
|
(72)
|
4
|
|
| Gains (losses) in OCI |
0
|
0
|
0
|
0
|
|
| Purchases |
32
|
0
|
32
|
0
|
|
| Sales |
(1)
|
0
|
(1)
|
(15)
|
|
| Issuances |
22
|
53
|
22
|
53
|
|
| Settlements |
(15)
|
(15)
|
(31)
|
(25)
|
|
| Gross Transfers into Level 3 |
98
|
0
|
98
|
0
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
741
|
355
|
741
|
355
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
46
|
0
|
(36)
|
3
|
|
| Loans held-for-sale |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,077
|
558
|
375
|
542
|
|
| Total realized and unrealized gains (losses) included in Net Income |
9
|
26
|
0
|
38
|
|
| Gains (losses) in OCI |
(5)
|
2
|
(33)
|
0
|
|
| Purchases |
0
|
0
|
0
|
10
|
|
| Sales |
(81)
|
(50)
|
(81)
|
(71)
|
|
| Issuances |
0
|
0
|
691
|
11
|
|
| Settlements |
(30)
|
(50)
|
(75)
|
(103)
|
|
| Gross Transfers into Level 3 |
0
|
0
|
93
|
59
|
|
| Gross Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Balance, ending |
970
|
486
|
970
|
486
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
5
|
16
|
(10)
|
20
|
|
| Other assets |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Balance, beginning |
1,960
|
2,749
|
2,360
|
2,932
|
|
| Total realized and unrealized gains (losses) included in Net Income |
(68)
|
(80)
|
(319)
|
(154)
|
|
| Gains (losses) in OCI |
13
|
8
|
(17)
|
16
|
|
| Purchases |
0
|
0
|
0
|
0
|
|
| Sales |
0
|
(10)
|
1
|
(10)
|
|
| Issuances |
133
|
67
|
153
|
108
|
|
| Settlements |
(128)
|
(183)
|
(270)
|
(341)
|
|
| Gross Transfers into Level 3 |
3
|
0
|
5
|
0
|
|
| Gross Transfers out of Level 3 |
(2)
|
0
|
(2)
|
0
|
|
| Balance, ending |
1,911
|
2,551
|
1,911
|
2,551
|
|
| Change in unrealized gains/(losses) In net income related to financial instruments still held |
$ (91)
|
$ (128)
|
$ (376)
|
$ (253)
|
|