Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v3.22.2
Fair Value Option - Elections (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Federal funds sold and securities borrowed or purchased under agreements to resell    
Fair Value Carrying Amount    
Assets $ 154,287 $ 150,665
Contractual Principal Outstanding    
Assets 154,412 150,677
Fair Value Carrying Amount Less Unpaid Principal    
Assets (125) (12)
Loans reported as trading account assets    
Fair Value Carrying Amount    
Assets 11,234 10,864
Contractual Principal Outstanding    
Assets 19,087 18,895
Fair Value Carrying Amount Less Unpaid Principal    
Assets (7,853) (8,031)
Trading inventory – other    
Fair Value Carrying Amount    
Assets 18,638 21,986
Consumer and commercial loans    
Fair Value Carrying Amount    
Assets 5,496 7,819
Contractual Principal Outstanding    
Assets 5,670 7,888
Fair Value Carrying Amount Less Unpaid Principal    
Assets (174) (69)
Loans held-for-sale    
Fair Value Carrying Amount    
Assets 1,870 4,455
Contractual Principal Outstanding    
Assets 2,876 5,343
Fair Value Carrying Amount Less Unpaid Principal    
Assets (1,006) (888)
Other assets    
Fair Value Carrying Amount    
Assets 583 544
Long-term deposits    
Fair Value Carrying Amount    
Liabilities 444 408
Contractual Principal Outstanding    
Liabilities 486 401
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (42) 7
Federal funds purchased and securities loaned or sold under agreements to repurchase    
Fair Value Carrying Amount    
Liabilities 145,165 139,641
Contractual Principal Outstanding    
Liabilities 145,296 139,682
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (131) (41)
Short-term borrowings    
Fair Value Carrying Amount    
Liabilities 2,931 4,279
Contractual Principal Outstanding    
Liabilities 3,196 4,127
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities (265) 152
Unfunded loan commitments    
Fair Value Carrying Amount    
Liabilities 220 97
Long-term debt    
Fair Value Carrying Amount    
Liabilities 28,375 29,708
Contractual Principal Outstanding    
Liabilities 32,954 30,903
Fair Value Carrying Amount Less Unpaid Principal    
Liabilities $ (4,579) $ (1,195)