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 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Liabilities at Fair Value        
Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA $ (5) $ (13) $ (2) $ (2)
Deposits        
Liabilities at Fair Value        
Beginning balance 1 3 1 1
Realized and unrealized losses (gains) 0 1 0 0
Issuances 1 1 2 3
Settlements 0 (1) (1) (1)
Net transfers 0 26 0 27
Ending balance 2 30 2 30
Unrealized losses (gains) 0 1 0 0
Nonderivative trading liabilities        
Liabilities at Fair Value        
Beginning balance 73 28 82 110
Realized and unrealized losses (gains) (21) 0 (24) (4)
Purchases (9) (3) (26) (19)
Sales 17 65 21 107
Net transfers (5) 24 2 (80)
Ending balance 55 114 55 114
Unrealized losses (gains) (19) 0 (23) 0
Securities sold under agreements to repurchase        
Liabilities at Fair Value        
Beginning balance 449 660 445 444
Realized and unrealized losses (gains) (5) 2 (1) 2
Net transfers 0 (216) 0 0
Ending balance 444 446 444 446
Unrealized losses (gains) (5) 2 (1) 2
Other secured financings        
Liabilities at Fair Value        
Beginning balance 181 435 306 76
Realized and unrealized losses (gains) 0 0 (1) 10
Purchases 0 0 6 0
Sales 0 (231) 0 (231)
Issuances 57 114 88 253
Settlements (154) (147) (309) (152)
Net transfers 44 (27) 38 188
Ending balance 128 144 128 144
Unrealized losses (gains) 0 0 0 10
Borrowings        
Liabilities at Fair Value        
Beginning balance 937 902 608 947
Realized and unrealized losses (gains) 35 195 6 238
Issuances 243 644 368 1,179
Settlements (35) (4) (92) (109)
Net transfers (376) 941 (86) 423
Ending balance 804 2,678 804 2,678
Unrealized losses (gains) 18 196 16 234
Net derivatives: Interest rate        
Assets at Fair value        
Beginning balance (151) (123) (154) (53)
Realized and unrealized gains (losses) (208) (198) (234) (408)
Purchases 64 77 136 105
Issuances (32) (33) (75) (46)
Settlements (18) (28) (96) 33
Net transfers (78) (152) 0 (88)
Ending balance (423) (457) (423) (457)
Unrealized gains (losses) (101) (198) (101) (374)
Net derivatives: Credit        
Assets at Fair value        
Beginning balance 148 129 87 97
Realized and unrealized gains (losses) (58) (109) (52) (45)
Settlements 21 77 71 23
Net transfers 0 0 5 22
Ending balance 111 97 111 97
Unrealized gains (losses) 0 (109) 0 (35)
Net derivatives: Foreign exchange        
Assets at Fair value        
Beginning balance (44) 305 36 589
Realized and unrealized gains (losses) 46 (20) (18) 45
Purchases 2 2 2 3
Issuances 0 0 0 (1)
Settlements 39 (681) 60 (935)
Net transfers (5) (39) (42) (134)
Ending balance 38 (433) 38 (433)
Unrealized gains (losses) (30) (20) (30) 45
Net derivatives: Equity        
Assets at Fair value        
Beginning balance (1,315) (885) (1,433) (1,148)
Realized and unrealized gains (losses) (524) (192) (530) 153
Purchases 166 126 277 365
Issuances (424) (530) (672) (838)
Settlements 462 509 740 150
Net transfers (128) (105) (145) 241
Ending balance (1,763) (1,077) (1,763) (1,077)
Unrealized gains (losses) (230) (190) (230) 69
Net derivatives: Commodity and other        
Assets at Fair value        
Beginning balance 1,220 862 920 1,308
Realized and unrealized gains (losses) 429 268 250 116
Purchases 36 43 132 99
Issuances (59) (133) (156) (189)
Settlements (459) (87) (47) (108)
Net transfers 150 (66) 218 (339)
Ending balance 1,317 887 1,317 887
Unrealized gains (losses) 34 160 284 124
Other sovereign government obligations        
Assets at Fair value        
Beginning balance 55 29 59 17
Realized and unrealized gains (losses) 0 1 0 0
Purchases 13 4 12 24
Sales (1) (3) (2) (11)
Net transfers (12) (5) (14) (4)
Ending balance 55 26 55 26
Unrealized gains (losses) 0 0 0 0
State and municipal securities        
Assets at Fair value        
Beginning balance 0 0 0 0
Purchases 0 10 0 10
Ending balance 0 10 0 10
Unrealized gains (losses) 0 0 0 0
MABS        
Assets at Fair value        
Beginning balance 629 346 317 281
Realized and unrealized gains (losses) 2 6 12 6
Purchases 34 87 108 161
Sales (22) (54) (79) (83)
Net transfers (210) 130 75 150
Ending balance 433 515 433 515
Unrealized gains (losses) 3 0 3 0
Loans and lending commitments        
Assets at Fair value        
Beginning balance 1,667 2,026 1,424 1,059
Realized and unrealized gains (losses) (8) (36) (21) 22
Purchases and originations 366 177 804 332
Sales (295) (635) (885) (700)
Settlements 0 0 0 281
Net transfers (448) (249) (40) 289
Ending balance 1,282 1,283 1,282 1,283
Unrealized gains (losses) (9) 5 (22) 20
Corporate and other debt        
Assets at Fair value        
Beginning balance 1,475 1,434 1,414 1,258
Realized and unrealized gains (losses) (59) 15 (119) (18)
Purchases and originations 503 528 770 941
Sales (370) (284) (510) (461)
Net transfers (17) 66 (23) 39
Ending balance 1,532 1,759 1,532 1,759
Unrealized gains (losses) (60) 3 (124) 1
Corporate equities        
Assets at Fair value        
Beginning balance 184 163 276 154
Realized and unrealized gains (losses) 7 (1) 7 (21)
Purchases 110 104 117 141
Sales (155) (40) (313) (85)
Net transfers 29 (21) 88 16
Ending balance 175 205 175 205
Unrealized gains (losses) 6 (1) 7 1
Investments        
Assets at Fair value        
Beginning balance 1,587 779 1,507 754
Realized and unrealized gains (losses) 3 2 15 24
Purchases 11 3 91 27
Sales (10) (1) (25) (26)
Net transfers (31) (3) (28) 1
Ending balance 1,560 780 1,560 780
Unrealized gains (losses) 9 10 18 20
Investment securities—AFS        
Assets at Fair value        
Beginning balance 0 0 0 0
Settlements (7) 0 (7) 0
Net transfers 77 11 77 11
Ending balance 70 11 70 11
Unrealized gains (losses) $ 0 $ 0 $ 0 $ 0