v3.26.3
FAIR VALUE - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Financial assets:    
Investment in debt securities AFS $ 9,663 $ 7,328
RICs HFI 3 5
LHFS 1,700 1,500
MSRs 83 80
Other assets - derivatives 1,741 672
Financial liabilities:    
Trading liabilities 4,025 4,002
Other liabilities - derivatives 1,530 649
U.S. Treasury securities    
Financial assets:    
Investment in debt securities AFS 226 706
Corporate and other securities    
Financial assets:    
Investment in debt securities AFS 9 0
ABS    
Financial assets:    
Investment in debt securities AFS 2,037 945
Beneficial Interest in Structured LLC    
Financial assets:    
Investment in debt securities AFS 1,013 1,097
Level 3    
Financial assets:    
Equity securities 890 992
Recurring    
Financial assets:    
Investment in debt securities AFS 9,663 7,328
Trading securities 17,833 15,609
Equity securities 931 992
RICs HFI 3 5
LHFS 1,685 1,531
Other assets - derivatives 1,741 672
Total financial assets valued at fair value on a non-recurring basis 31,939 26,217
Financial liabilities:    
Trading liabilities 4,025 4,002
Other liabilities - derivatives 1,530 649
Total financial liabilities 5,555 4,651
Recurring | U.S. Treasury securities    
Financial assets:    
Investment in debt securities AFS 226 706
Recurring | Corporate and other securities    
Financial assets:    
Investment in debt securities AFS 9 0
Recurring | ABS    
Financial assets:    
Investment in debt securities AFS 2,037 945
Recurring | Beneficial Interest in Structured LLC    
Financial assets:    
Investment in debt securities AFS 1,013 1,097
Recurring | MBS    
Financial assets:    
Investment in debt securities AFS 6,378 4,580
Recurring | Level 1    
Financial assets:    
Investment in debt securities AFS 226 706
Trading securities 2,851 3,539
Equity securities 41 0
RICs HFI 0 0
LHFS 0 0
MSRs 0 0
Other assets - derivatives 1 1
Total financial assets valued at fair value on a non-recurring basis 3,119 4,246
Financial liabilities:    
Trading liabilities 3,848 3,728
Other liabilities - derivatives 0 0
Total financial liabilities 3,848 3,728
Recurring | Level 1 | U.S. Treasury securities    
Financial assets:    
Investment in debt securities AFS 226 706
Recurring | Level 1 | Corporate and other securities    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 1 | ABS    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 1 | Beneficial Interest in Structured LLC    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 1 | MBS    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 2    
Financial assets:    
Investment in debt securities AFS 8,424 5,525
Trading securities 14,870 11,897
Equity securities 0 0
RICs HFI 0 0
LHFS 1,685 1,531
MSRs 0 0
Other assets - derivatives 1,740 671
Total financial assets valued at fair value on a non-recurring basis 26,719 19,624
Financial liabilities:    
Trading liabilities 177 274
Other liabilities - derivatives 1,529 648
Total financial liabilities 1,706 922
Recurring | Level 2 | U.S. Treasury securities    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 2 | Corporate and other securities    
Financial assets:    
Investment in debt securities AFS 9 0
Recurring | Level 2 | ABS    
Financial assets:    
Investment in debt securities AFS 2,037 945
Recurring | Level 2 | Beneficial Interest in Structured LLC    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 2 | MBS    
Financial assets:    
Investment in debt securities AFS 6,378 4,580
Recurring | Level 3    
Financial assets:    
Investment in debt securities AFS 1,013 1,097
Trading securities 112 173
Equity securities 890 992
RICs HFI 3 5
LHFS 0 0
MSRs 83 80
Other assets - derivatives 0 0
Total financial assets valued at fair value on a non-recurring basis 2,101 2,347
Financial liabilities:    
Trading liabilities 0 0
Other liabilities - derivatives 1 1
Total financial liabilities $ 1 1
Percentage of level 3 assets to total assets held at fair value 6.60%  
Percentage of level 3 assets to total assets 0.80%  
Recurring | Level 3 | U.S. Treasury securities    
Financial assets:    
Investment in debt securities AFS $ 0 0
Recurring | Level 3 | Corporate and other securities    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 3 | ABS    
Financial assets:    
Investment in debt securities AFS 0 0
Recurring | Level 3 | Beneficial Interest in Structured LLC    
Financial assets:    
Investment in debt securities AFS 1,013 1,097
Recurring | Level 3 | MBS    
Financial assets:    
Investment in debt securities AFS 0 0
Nonrecurring    
Financial assets:    
Foreclosed assets 28 32
Vehicle inventory 371 379
LHFS 288 55
Total financial assets valued at fair value on a non-recurring basis 1,673 850
Nonrecurring | Impaired LHFI    
Financial assets:    
RICs HFI 815 216
Nonrecurring | Auto loans impaired due to bankruptcy    
Financial assets:    
RICs HFI 171 168
Nonrecurring | Level 1    
Financial assets:    
Foreclosed assets 0 0
Vehicle inventory 0 0
LHFS 0 0
Total financial assets valued at fair value on a non-recurring basis 0 0
Nonrecurring | Level 1 | Impaired LHFI    
Financial assets:    
RICs HFI 0 0
Nonrecurring | Level 1 | Auto loans impaired due to bankruptcy    
Financial assets:    
RICs HFI 0 0
Nonrecurring | Level 2    
Financial assets:    
Foreclosed assets 28 32
Vehicle inventory 371 379
LHFS 0 0
Total financial assets valued at fair value on a non-recurring basis 931 792
Nonrecurring | Level 2 | Impaired LHFI    
Financial assets:    
RICs HFI 361 213
Nonrecurring | Level 2 | Auto loans impaired due to bankruptcy    
Financial assets:    
RICs HFI 171 168
Nonrecurring | Level 3    
Financial assets:    
Foreclosed assets 0 0
Vehicle inventory 0 0
LHFS 288 55
Total financial assets valued at fair value on a non-recurring basis 742 58
Nonrecurring | Level 3 | Impaired LHFI    
Financial assets:    
RICs HFI 454 3
Nonrecurring | Level 3 | Auto loans impaired due to bankruptcy    
Financial assets:    
RICs HFI $ 0 $ 0