v3.25.1
Derivative Financial Instruments - Amounts Related to Cash Flow Hedges (Details) - Interest Rate Contracts - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flow Hedges | Commercial loans    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Pre-tax gain (loss) recognized in OCI $ 469 $ (303)
Pre-tax gain (loss) reclassified from AOCI into expense (93) (55)
Fair value hedges | Net interest income    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Net income (expense) recognized 14 108
Fair value hedges | Net interest income | Investment securities    
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 | Net interest income | Long-term debt    
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)
Fair value hedges | Net interest income | Loans and leases    
Derivative Instruments, Notional, Fair Value Assets and Liabilities[Line Items]    
Recognized on hedged items $ (1) $ (1)
[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.