v3.25.1
Derivative Financial Instruments - Amounts Related to Fair Value Hedges (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Income recognized from securities with terminated hedges $ 9 $ 9
Fair Value Hedges | Interest Rate Contracts | Net interest income    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Net income (expense) recognized 14 108
Fair Value Hedges | Interest Rate Contracts | Investment securities | Net interest income    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Amounts related to interest settlements 71 163
Recognized on derivatives (392) 442
Recognized on hedged items 401 (436)
Net income (expense) recognized [1] 80 169
Fair Value Hedges | Interest Rate Contracts | Loans and leases | Net interest income    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Recognized on hedged items (1) (1)
Fair Value Hedges | Interest Rate Contracts | Long-term debt | Net interest income    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Amounts related to interest settlements (22) (39)
Recognized on derivatives 152 (232)
Recognized on hedged items (195) 211
Net income (expense) recognized $ (65) $ (60)
[1] Includes $9 million of income recognized for the three months ended March 31, 2025 and $9 million for the three months ended March 31, 2024 from securities with terminated hedges that were reclassified to HTM. The income recognized was offset by the amortization of the fair value mark.