Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.21.2
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 163,344 $ 108,856
Contractual Principal Outstanding    
Assets 163,314 108,811
Fair Value Carrying Amount Less Unpaid Principal    
Assets 30 45
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 9,818 7,967
Contractual Principal Outstanding    
Assets 18,392 17,372
Fair Value Carrying Amount Less Unpaid Principal    
Assets (8,574) (9,405)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 24,322 22,790
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 6,950 6,681
Contractual Principal Outstanding    
Assets 7,000 6,778
Fair Value Carrying Amount Less Unpaid Principal    
Assets (50) (97)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 2,207 1,585
Contractual Principal Outstanding    
Assets 3,128 2,521
Fair Value Carrying Amount Less Unpaid Principal    
Assets (921) (936)
Other assets    
Fair Value Carrying Amount    
Assets 183 200
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 515 481
Contractual Principal Outstanding    
Liabilities 501 448
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities 14 33
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 165,781 135,391
Contractual Principal Outstanding    
Liabilities 165,790 135,390
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (9) 1
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 4,490 5,874
Contractual Principal Outstanding    
Liabilities 4,497 5,178
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (7) 696
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 103 99
Long-term debt    
Fair Value Carrying Amount    
Liabilities 30,361 32,200
Contractual Principal Outstanding    
Liabilities 31,436 33,470
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (1,075) $ (1,270)