Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.20.2
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 46,139 $ 50,364
Contractual Principal Outstanding    
Assets 46,075 50,318
Fair Value Carrying Amount Less Unpaid Principal    
Assets 64 46
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 6,953 6,989
Contractual Principal Outstanding    
Assets 16,515 14,703
Fair Value Carrying Amount Less Unpaid Principal    
Assets (9,562) (7,714)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 20,124 19,574
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 9,176 8,335
Contractual Principal Outstanding    
Assets 9,430 8,372
Fair Value Carrying Amount Less Unpaid Principal    
Assets (254) (37)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 3,244 3,709
Contractual Principal Outstanding    
Assets 4,114 4,879
Fair Value Carrying Amount Less Unpaid Principal    
Assets (870) (1,170)
Other assets    
Fair Value Carrying Amount    
Assets 4 4
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 594 508
Contractual Principal Outstanding    
Liabilities 544 496
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 50 12
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 21,516 16,008
Contractual Principal Outstanding    
Liabilities 21,505 16,029
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 11 (21)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 2,651 3,941
Contractual Principal Outstanding    
Liabilities 2,276 3,930
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 375 11
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 113 90
Long-term debt    
Fair Value Carrying Amount    
Liabilities 33,825 34,975
Contractual Principal Outstanding    
Liabilities 34,714 35,730
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (889) (755)
Structured liabilities    
Fair Value Carrying Amount    
Liabilities 33,400 34,600
Contractual Principal Outstanding    
Liabilities $ 34,300 $ 35,300