v3.25.1
Securities Financing Activities - Master Netting (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Offsetting Assets [Line Items]    
Security Purchased under Agreement to Resell, Subject to Master Netting Arrangement, before Offset [1] $ 1,470 $ 1,322
Securities Sold under Agreements to Repurchase, Fair Value of Collateral [2] (1,464) (1,313)
Security Sold under Agreement to Repurchase, Including Not Subject to Master Netting Arrangement, after Offset and Deduction 6 9
Security Borrowed, Subject to Master Netting Arrangement, before Offset [1] 1,340 1,228
Security Borrowed, Subject to Master Netting Arrangement, Collateral, Obligation to Return Security Not Offset [2] (1,306) (1,192)
Security Borrowed, Subject to Master Netting Arrangement, after Offset 34 36
Security Purchased under Agreement to Resell, and Security Borrowed, Subject to Master Netting Arrangement, before Offset [1] 2,810 2,550
Security Purchased under Agreement to Resell and Securities Borrowed, Subject to Master Netting Arrangement, Collateral, Obligation to Return Security Not Offset [2] (2,770) (2,505)
Securities Purchased Under Agreements to Resell and Security Borrowed, Subject to Master Netting Arrangement, after Offset 40 45
Securities Held as Collateral, at Fair Value 2,800 2,500
Fair value of collateral permitted to be resold or repledged 2,100 1,600
Securities Sold under Agreements to Repurchase    
Offsetting Assets [Line Items]    
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, before Offset [1] (2,778) (9,675)
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, Asset Offset [2] 2,778 9,675
Security Sold under Agreement to Repurchase, Subject to Master Netting Arrangement, after Offset $ 0 $ 0
[1] There were no securities financing transactions subject to legally enforceable master netting arrangements that were eligible for balance sheet netting for the periods presented.
[2] The fair value of received/pledged financial instruments is limited to the carrying amount of the associated asset or liability. The fair value of collateral received that was permitted to be sold or repledged was $2.8 billion as of March 31, 2025 and $2.5 billion as of December 31, 2024. Of the fair value of collateral permitted to be resold or repledged, the fair value of securities repledged or resold was $2.1 billion as of March 31, 2025 and $1.6 billion as of December 31, 2024.