v3.25.1
Loans Held for Sale - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale [1] $ 594   $ 406
Gain (loss) associated with the economic hedging program 0 $ 0  
Valuation allowance 0   0
Commercial loans held for sale      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Commercial loans held-for-sale 519   395
Commercial loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale 592   406
Consumer loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale 2   0
Loans Transferred From Portfolio Loans to Held For Sale | Commercial loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale 73   11
Lower of amortized cost or fair value adjustment 0 $ 0  
Residential mortgages | Consumer loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale 2   0
Commercial Real Estate Loans | Commercial loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loans held for sale $ 29   $ 79
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at March 31, 2025 and December 31, 2024. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 15, "Variable Interest Entities," for additional information.
March 31, 2025December 31, 2024
(in millions)
Assets
Other assets$9 $11 
Total assets$9 $11 
Liabilities
Interest, taxes and other liabilities$16 $
Total liabilities$16 $