v3.25.2
OFFSETTING ASSETS AND LIABILITIES (Tables)
 6 Months Ended
Jun. 30, 2025
Offsetting [Abstract]  
Schedule of Offsetting Assets and Liabilities
The following schedule presents gross and net information for selected financial instruments on the balance sheet:
June 30, 2025
Gross amounts not offset on the balance sheet
(In millions)Gross amounts recognizedGross amounts offset on the balance sheetNet amounts presented on the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and securities purchased under agreements to resell
$1,140 $— $1,140 $— $— $1,140 
Derivatives (included in Other assets)376 — 376 (60)(227)89 
Total assets$1,516 $— $1,516 $(60)$(227)$1,229 
Liabilities:
Federal funds and other short-term borrowings
$6,072 $— $6,072 $— $— $6,072 
Derivatives (included in Other liabilities)
274 — 274 (60)(20)194 
Total liabilities$6,346 $— $6,346 $(60)$(20)$6,266 
December 31, 2024
Gross amounts not offset on the balance sheet
(In millions)Gross amounts recognizedGross amounts offset on the balance sheetNet amounts presented on the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and securities purchased under agreements to resell
$1,453 $— $1,453 $— $— $1,453 
Derivatives (included in Other assets)446 — 446 (19)(404)23 
Total assets$1,899 $— $1,899 $(19)$(404)$1,476 
Liabilities:
Federal funds and other short-term borrowings
$3,832 $— $3,832 $— $— $3,832 
Derivatives (included in Other liabilities)
350 — 350 (19)(3)328 
Total liabilities$4,182 $— $4,182 $(19)$(3)$4,160 
Schedule of Offsetting Assets and Liabilities
The following schedule presents gross and net information for selected financial instruments on the balance sheet:
June 30, 2025
Gross amounts not offset on the balance sheet
(In millions)Gross amounts recognizedGross amounts offset on the balance sheetNet amounts presented on the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and securities purchased under agreements to resell
$1,140 $— $1,140 $— $— $1,140 
Derivatives (included in Other assets)376 — 376 (60)(227)89 
Total assets$1,516 $— $1,516 $(60)$(227)$1,229 
Liabilities:
Federal funds and other short-term borrowings
$6,072 $— $6,072 $— $— $6,072 
Derivatives (included in Other liabilities)
274 — 274 (60)(20)194 
Total liabilities$6,346 $— $6,346 $(60)$(20)$6,266 
December 31, 2024
Gross amounts not offset on the balance sheet
(In millions)Gross amounts recognizedGross amounts offset on the balance sheetNet amounts presented on the balance sheetFinancial instrumentsCash collateral received/pledgedNet amount
Assets:
Federal funds sold and securities purchased under agreements to resell
$1,453 $— $1,453 $— $— $1,453 
Derivatives (included in Other assets)446 — 446 (19)(404)23 
Total assets$1,899 $— $1,899 $(19)$(404)$1,476 
Liabilities:
Federal funds and other short-term borrowings
$3,832 $— $3,832 $— $— $3,832 
Derivatives (included in Other liabilities)
350 — 350 (19)(3)328 
Total liabilities$4,182 $— $4,182 $(19)$(3)$4,160