v3.25.2
DERIVATIVES - Cumulative Basis Adjustment (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Derivatives    
Hedged Liability, Statement of Financial Position [Extensible Enumeration] Long-term debt (including $127,373 and $112,719 as of June 30, 2025 and December 31, 2024, respectively, at fair value) Long-term debt (including $127,373 and $112,719 as of June 30, 2025 and December 31, 2024, respectively, at fair value)
Long-term debt, carrying amount of hedged asset/liability $ 163,245 $ 147,910
Long-term debt, cumulative fair value hedging adjustment included in the carrying amount, active 739 (1,051)
Long-term debt, cumulative fair value hedging adjustment included in the carrying amount, de-designated (3,784) (4,499)
Physical commodities inventories 9,200 11,400
Physical commodities inventories, cumulative basis adjustments 500 800
Amount of designated hedged items 27,400 12,900
Debt Securities Specifically Hedged    
Derivatives    
Debt securities AFS, carrying amount of hedged asset/liability 43,449 55,786
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, active 103 (348)
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, de-designated 115 (100)
Debt Securities Portfolio Layer Method    
Derivatives    
Debt securities AFS, carrying amount of hedged asset/liability 35,468 28,554
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, active 329 (193)
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, de-designated 14 (67)
Consumer loans    
Derivatives    
Debt securities AFS, carrying amount of hedged asset/liability 52,655 53,700
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, active 516 (224)
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, de-designated 0 0
Amount of designated hedged items 26,000 17,000
Corporate loans    
Derivatives    
Debt securities AFS, carrying amount of hedged asset/liability 3,630 4,269
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, active 50 (72)
Debt securities AFS, cumulative fair value hedging adjustment included in the carrying amount, de-designated (39) (12)
Amount of designated hedged items $ 2,600 $ 3,000