v3.26.1
Variable Interest Entities (Tables)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Variable Interests Held by Us and Our Maximum Exposure to Loss Rising From Our Involvements in Those VIEs The following table and discussion below provide additional information on these unconsolidated VIEs, including the variable interests held by us and our maximum exposure to loss arising from our involvement in these VIEs:
Total Assets Held by Unconsolidated VIEsCarrying Value of Variable Interests Held Reported asMaximum
Exposure
to Loss
AssetsLiabilities
(in billions)
At June 30, 2026
Limited partnership investments(1)
$8.2 $1.4 $.8 $1.4 
Asset-backed financing SPEs1.7 1.2 — 1.2 
Total$9.9 $2.6 $.8 $2.6 
At December 31, 2025
Limited partnership investments(1)
$8.2 $1.3 $.7 $1.3 
Asset-backed financing SPEs.4 .2 — .2 
Total$8.6 $1.5 $.7 $1.5 
(1)The carrying value of variable interests held reported as assets includes low income housing investments which totaled $1.4 billion and $1.3 billion at June 30, 2026 and December 31, 2025, respectively.