v3.25.2
DERIVATIVES - Fair Value Hedges (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Gain (loss) on fair value hedges        
Gain (loss) under mark-to-market approach $ 139 $ 51    
Gain (loss) under amortization approach 15 19    
Excluded component of fair value hedges | Excluded component of fair value hedges        
Gain (loss) on fair value hedges        
Other comprehensive income (loss), pretax (2) 2 $ 8 $ (2)
Other revenue        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges (188) (144) (453) 1,305
Gain (loss) on the hedged item in designated and qualifying fair value hedges 188 144 453 (1,305)
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 248 102 477 170
Net interest income        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges (9) (436) (423) (1,040)
Gain (loss) on the hedged item in designated and qualifying fair value hedges 9 448 428 1,068
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 0 0 0 0
Interest rate contracts (gross) | Other revenue        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges 0 0 0 0
Gain (loss) on the hedged item in designated and qualifying fair value hedges 0 0 0 0
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 0 0 0 0
Interest rate contracts (gross) | Net interest income        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges (9) (436) (423) (1,040)
Gain (loss) on the hedged item in designated and qualifying fair value hedges 9 448 428 1,068
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 0 0 0 0
Foreign exchange contracts (gross) | Other revenue        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges 308 145 317 74
Gain (loss) on the hedged item in designated and qualifying fair value hedges (308) (145) (317) (74)
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 94 32 121 3
Foreign exchange contracts (gross) | Net interest income        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges 0 0 0 0
Gain (loss) on the hedged item in designated and qualifying fair value hedges 0 0 0 0
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 0 0 0 0
Commodity hedges | Other revenue        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges (496) (289) (770) 1,231
Gain (loss) on the hedged item in designated and qualifying fair value hedges 496 289 770 (1,231)
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges 154 70 356 167
Commodity hedges | Net interest income        
Gain (loss) on fair value hedges        
Gain (loss) on the hedging derivatives included in assessment of the effectiveness of fair value hedges 0 0 0 0
Gain (loss) on the hedged item in designated and qualifying fair value hedges 0 0 0 0
Net gain (loss) on the hedging derivatives excluded from assessment of the effectiveness of fair value hedges $ 0 $ 0 $ 0 $ 0