v3.26.3
Variable Interest Entities - Summary of Assets and Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]            
Loan receivables, net $ 93,005   $ 93,366      
Other assets (Note 6) 7,697   6,941      
Total assets 122,469   119,095      
Total liabilities 105,919   102,329      
Allowance for credit loss (10,341) $ (10,312) (10,442) $ (10,373) $ (10,564) $ (10,929)
Total loan receivables [1],[2],[3] 103,346   103,808      
Variable Interest Entity, Primary Beneficiary            
Variable Interest Entity [Line Items]            
Loan receivables, net [4] 19,922   20,457      
Other assets (Note 6) [5] 799   46      
Total assets 20,721   20,503      
Borrowings [6],[7] 8,915   8,415      
Other liabilities 27   28      
Total liabilities 8,942   8,443      
Allowance for credit loss (2,000)   (1,900)      
Total loan receivables 21,898   22,400      
Restricted Cash Equivalent $ 794   $ 42      
Restricted Cash Equivalent, Statement of Financial Position [Extensible Enumeration] Other assets (Note 6)   Other assets (Note 6)      
[1] At September 30, 2026 and December 31, 2025, loan receivables included deferred costs, net of purchase discounts and deferred income, of $25 million and $(53) million, respectively.
[2] Total loan receivables include $21.9 billion and $22.4 billion of restricted loans of consolidated securitization entities at September 30, 2026 and December 31, 2025, respectively. See Note 5. Variable Interest Entities for further information.
[3] At September 30, 2026 and December 31, 2025, $18.4 billion and $18.3 billion, respectively, of loan receivables were pledged by the Bank as collateral to the Federal Reserve to secure Federal Reserve discount window advances.
[4] Includes $2.0 billion and $1.9 billion of related allowance for credit losses resulting in gross restricted loan receivables of $21.9 billion and $22.4 billion at September 30, 2026 and December 31, 2025, respectively.
[5] Includes $794 million and $42 million of segregated funds held by the VIEs at September 30, 2026 and December 31, 2025, respectively, which are classified as restricted cash and equivalents and included as a component of Other assets in our Condensed Consolidated Statements of Financial Position.
[6] Includes unamortized debt premiums, discounts and issuance costs.
[7] The Company may redeem certain borrowings prior to their original contractual maturity dates in accordance with the optional redemption provision specified in the respective instruments.
(c)Includes $750 million of fixed securitized borrowings which matured and were repaid in October 2026.