v3.26.1
Fair Values - Activity of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Recurring - Level 3 - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Liabilities at Fair Value    
Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA $ 1 $ (2)
Deposits    
Liabilities at Fair Value    
Beginning balance 1 1
Issuances 0 2
Settlements 0 (1)
Net transfers 0 1
Ending balance 1 3
Unrealized losses (gains) 0 0
Nonderivative trading liabilities    
Liabilities at Fair Value    
Beginning balance 82 110
Realized and unrealized losses (gains) (3) (4)
Purchases (23) (26)
Sales 18 25
Net transfers (1) (77)
Ending balance 73 28
Unrealized losses (gains) (2) 0
Securities sold under agreements to repurchase    
Liabilities at Fair Value    
Beginning balance 445 444
Realized and unrealized losses (gains) 4 13
Net transfers 0 203
Ending balance 449 660
Unrealized losses (gains) 4 13
Other secured financings    
Liabilities at Fair Value    
Beginning balance 306 76
Realized and unrealized losses (gains) 0 10
Issuances 32 139
Settlements (155) (5)
Net transfers (2) 215
Ending balance 181 435
Unrealized losses (gains) 0 10
Borrowings    
Liabilities at Fair Value    
Beginning balance 608 947
Realized and unrealized losses (gains) (58) 7
Issuances 287 91
Settlements (50) (86)
Net transfers 150 (57)
Ending balance 937 902
Unrealized losses (gains) (57) 3
Net derivatives: Interest rate    
Assets at Fair value    
Beginning balance (154) (53)
Realized and unrealized gains (losses) 31 (119)
Purchases 92 10
Issuances (78) (12)
Settlements (62) 18
Net transfers 20 33
Ending balance (151) (123)
Unrealized gains (losses) (10) (116)
Net derivatives: Credit    
Assets at Fair value    
Beginning balance 87 97
Realized and unrealized gains (losses) 14 (22)
Issuances (1) 0
Settlements 42 34
Net transfers 6 20
Ending balance 148 129
Unrealized gains (losses) 5 (54)
Net derivatives: Foreign exchange    
Assets at Fair value    
Beginning balance 36 589
Realized and unrealized gains (losses) (77) (243)
Settlements 47 (30)
Net transfers (50) (11)
Ending balance (44) 305
Unrealized gains (losses) (79) (201)
Net derivatives: Equity    
Assets at Fair value    
Beginning balance (1,433) (1,148)
Realized and unrealized gains (losses) 547 380
Purchases 102 175
Issuances (308) (144)
Settlements (200) (288)
Net transfers (23) 140
Ending balance (1,315) (885)
Unrealized gains (losses) 411 298
Net derivatives: Commodity and other    
Assets at Fair value    
Beginning balance 920 1,308
Realized and unrealized gains (losses) 386 23
Purchases 38 22
Issuances (405) (22)
Settlements 74 (64)
Net transfers 207 (405)
Ending balance 1,220 862
Unrealized gains (losses) 591 (5)
Other sovereign government obligations    
Assets at Fair value    
Beginning balance 59 17
Realized and unrealized gains (losses) 0 (1)
Purchases 1 5
Sales (4) (3)
Net transfers (1) 11
Ending balance 55 29
Unrealized gains (losses) 0 0
MABS    
Assets at Fair value    
Beginning balance 317 281
Realized and unrealized gains (losses) 9 0
Purchases 122 92
Sales (62) (78)
Net transfers 243 51
Ending balance 629 346
Unrealized gains (losses) 3 0
Loans and lending commitments    
Assets at Fair value    
Beginning balance 1,424 1,059
Realized and unrealized gains (losses) (4) 6
Purchases and originations 572 759
Sales (759) (432)
Settlements 0 (12)
Net transfers 434 646
Ending balance 1,667 2,026
Unrealized gains (losses) (18) 7
Corporate and other debt    
Assets at Fair value    
Beginning balance 1,414 1,258
Realized and unrealized gains (losses) (51) (33)
Purchases and originations 524 426
Sales (402) (275)
Net transfers (10) 58
Ending balance 1,475 1,434
Unrealized gains (losses) (52) (1)
Corporate equities    
Assets at Fair value    
Beginning balance 276 154
Realized and unrealized gains (losses) 12 (21)
Purchases 29 52
Sales (186) (57)
Net transfers 53 35
Ending balance 184 163
Unrealized gains (losses) 13 0
Investments    
Assets at Fair value    
Beginning balance 1,507 754
Realized and unrealized gains (losses) 12 22
Purchases 79 24
Sales (15) (25)
Net transfers 4 4
Ending balance 1,587 779
Unrealized gains (losses) $ 7 $ 10