v3.25.2
Allowance for Credit Losses - Summary of Changes in Allowance for Credit Losses and Related Loan Balance by Product (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period $ 634 $ 581 $ 537 [1] $ 591
Provision charged (credited) to income 29 52 141 42
Charge-offs (54) (53) (71) (56)
Recoveries 5 3 7 6
Net (charge-offs) recoveries (49) (50) (64) (50)
Allowance for credit losses - end of period 614 [1] 583 614 [1] 583
Commercial loans        
Allowance for Loan and Lease Losses [Roll Forward]        
Charge-offs     (67) (52)
Commercial loans | Real estate, including construction        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 210 134 144 144
Provision charged (credited) to income (3) 11 63 1
Charge-offs (27) 0 (27) 0
Recoveries 0 0 0 0
Net (charge-offs) recoveries (27) 0 (27) 0
Allowance for credit losses - end of period 180 145 180 145
Commercial loans | Business and corporate banking        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 412 428 381 429
Provision charged (credited) to income 42 44 88 43
Charge-offs (25) (51) (40) (52)
Recoveries 1 0 1 1
Net (charge-offs) recoveries (24) (51) (39) (51)
Allowance for credit losses - end of period 430 421 430 421
Commercial loans | Other commercial        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 1 1 1 1
Provision charged (credited) to income 0 0 0 0
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Net (charge-offs) recoveries 0 0 0 0
Allowance for credit losses - end of period 1 1 1 1
Consumer loans        
Allowance for Loan and Lease Losses [Roll Forward]        
Charge-offs     (4) (4)
Consumer loans | Residential Mortgages        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period (11) (7) (12) (9)
Provision charged (credited) to income (8) (1) (8) 0
Charge-offs 0 0 0 0
Recoveries 2 1 3 2
Net (charge-offs) recoveries 2 1 3 2
Allowance for credit losses - end of period (17) (7) (17) (7)
Consumer loans | Home equity mortgages        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 5 8 6 7
Provision charged (credited) to income (1) (2) (2) (1)
Charge-offs 0 0 0 0
Recoveries 1 1 1 1
Net (charge-offs) recoveries 1 1 1 1
Allowance for credit losses - end of period 5 7 5 7
Consumer loans | Credit cards        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 13 15 13 16
Provision charged (credited) to income 0 (1) 1 (1)
Charge-offs (2) (2) (4) (4)
Recoveries 1 1 2 2
Net (charge-offs) recoveries (1) (1) (2) (2)
Allowance for credit losses - end of period 12 13 12 13
Consumer loans | Other consumer        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for credit losses - beginning of period 4 2 4 3
Provision charged (credited) to income (1) 1 (1) 0
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Net (charge-offs) recoveries 0 0 0 0
Allowance for credit losses - end of period $ 3 $ 3 $ 3 $ 3
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at June 30, 2025 and December 31, 2024. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 15, "Variable Interest Entities," for additional information.
June 30, 2025December 31, 2024
(in millions)
Assets
Other assets$7 $11 
Total assets$7 $11 
Liabilities
Interest, taxes and other liabilities$15 $
Total liabilities$15 $