v3.26.3
Segment Information - Schedule of Reportable Operating Segments, Consolidated Revenue and Segment Operating Income (Details)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Revenue        
Total revenue $ 4,101 $ 3,997 $ 13,381 $ 12,881
Expenses        
Compensation and benefits 2,275 2,259 6,939 6,868
Information technology 156 140 462 412
Premises 83 85 249 252
Other Expenses 778 697 2,292 2,213
Total operating expenses 3,292 3,181 9,942 9,745
Operating income $ 809 $ 816 $ 3,439 $ 3,136
Operating margin 0.197 0.204 0.257 0.243
Interest income $ 24 $ 0 $ 41 $ 5
Interest expense (206) (206) (564) (624)
Other income (expense) (15) (13) (27) 33
Income before income taxes 612 597 2,889 2,550
Risk Capital        
Expenses        
Investment income 67 72 176 201
Human Capital        
Expenses        
Investment income 2 3 6 7
Operating Segments | Risk Capital        
Revenue        
Total revenue 2,682 2,525 9,190 8,582
Expenses        
Compensation and benefits 1,526 1,455 4,686 4,457
Information technology 103 94 305 272
Premises 54 56 163 162
Other Expenses 391 335 1,130 1,045
Total operating expenses 2,074 1,940 6,284 5,936
Operating income $ 608 $ 585 $ 2,906 $ 2,646
Operating margin 0.227 0.232 0.316 0.308
Operating Segments | Human Capital        
Revenue        
Total revenue $ 1,421 $ 1,475 $ 4,204 $ 4,311
Expenses        
Compensation and benefits 727 776 2,201 2,346
Information technology 52 44 149 134
Premises 28 28 83 87
Other Expenses 268 295 815 892
Total operating expenses 1,075 1,143 3,248 3,459
Operating income $ 346 $ 332 $ 956 $ 852
Operating margin 0.243 0.225 0.227 0.198
Corporate/Eliminations        
Revenue        
Total revenue $ (2) $ (3) $ (13) $ (12)
Expenses        
Compensation and benefits 22 28 52 65
Information technology 1 2 8 6
Premises 1 1 3 3
Other Expenses 119 67 347 276
Total operating expenses 143 98 410 350
Operating income $ (145) $ (101) $ (423) $ (362)