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Supplemental guarantor consolidated statement of comprehensive income (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) $ 1,197 $ 1,424 $ 1,308 $ 2,621 $ 2,374
Foreign currency translation, net of tax       (4) (2)
Total other comprehensive income that may be reclassified to the income statement, net of tax 333 1,514 999 1,847 1,398
Defined benefit plans, net of tax       (270) (165)
Own credit on financial liabilities designated at fair value, net of tax       62 (246)
Total other comprehensive income that will not be reclassified to the income statement, net of tax (1,369) 1,157 77 (212) (412)
Total other comprehensive income (1,035) 2,671 1,076 1,635 986
Total comprehensive income 161 4,095 2,384 4,256 3,360
Comprehensive income attributable to shareholders          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss)       2,615 2,375
Foreign currency translation, net of tax 249 (147) 161 103 39
Financial assets measured at fair value through other comprehensive income, net of tax 1 147 65 149 128
Cash flow hedges, net of tax 95 1,505 773 1,600 1,232
Cost of hedging, net of tax (13) 8   (4)  
Total other comprehensive income that may be reclassified to the income statement, net of tax 333 1,514 999 1,847 1,398
Defined benefit plans, net of tax (498) 228 11 (270) (165)
Own credit on financial liabilities designated at fair value, net of tax (872) 934 72 62 (246)
Total other comprehensive income that will not be reclassified to the income statement, net of tax (1,370) 1,161 83 (208) (411)
Total other comprehensive income (1,037) 2,675 1,082 1,639 988
Total comprehensive income 157 4,097 2,389 4,254 3,363
Comprehensive income attributable to non-controlling interests          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss)       6 (1)
Foreign currency translation, net of tax 1 (5) (6) (4) (2)
Total other comprehensive income that will not be reclassified to the income statement, net of tax 1 (5) (6) (4) (2)
Total other comprehensive income 1 (5) (6) (4) (2)
Total comprehensive income $ 4 $ (2) $ (5) 3 (3)
Elimination entries          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss)       (1,333) (2,914)
Total comprehensive income       (1,413) (2,922)
Elimination entries | Comprehensive income attributable to shareholders          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss)       (1,333) (2,914)
Foreign currency translation, net of tax       (72) (1)
Financial assets measured at fair value through other comprehensive income, net of tax       0 0
Cash flow hedges, net of tax       (8) (7)
Cost of hedging, net of tax       0  
Total other comprehensive income that may be reclassified to the income statement, net of tax       (80) (8)
Defined benefit plans, net of tax       0 0
Total other comprehensive income that will not be reclassified to the income statement, net of tax       0 0
Total other comprehensive income       (80) (8)
Total comprehensive income       (1,413) (2,922)
UBS AG (standalone) | Reportable legal entities          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [1]       2,352 3,451 [2]
Total comprehensive income [3]       3,647 3,953 [4]
UBS AG (standalone) | Reportable legal entities | Comprehensive income attributable to shareholders          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [3]       2,352 3,451 [4]
Foreign currency translation, net of tax [3]       7 (7) [4]
Financial assets measured at fair value through other comprehensive income, net of tax [3]       0 5 [4]
Cash flow hedges, net of tax [3]       1,348 855 [4]
Cost of hedging, net of tax [3]       9  
Total other comprehensive income that may be reclassified to the income statement, net of tax [3]       1,364 852 [4]
Defined benefit plans, net of tax [3]       (131) (104) [4]
Own credit on financial liabilities designated at fair value, net of tax [3]       62 (246) [4]
Total other comprehensive income that will not be reclassified to the income statement, net of tax [3]       (69) (350) [4]
Total other comprehensive income [3]       1,295 503 [4]
Total comprehensive income [3]       3,647 3,953 [4]
UBS AG (standalone) | Reportable legal entities | Comprehensive income attributable to shareholders | Increase (decrease) due to change how UBS AG accounts for its investments in associates from at cost less impairment to the equity method of accounting          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss)         (72)
Total other comprehensive income         (2)
Total comprehensive income         (74)
UBS Switzerland AG (standalone) | Reportable legal entities          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [1]       904 980
Total comprehensive income [3]       1,169 1,231
UBS Switzerland AG (standalone) | Reportable legal entities | Comprehensive income attributable to shareholders          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [3]       904 980
Foreign currency translation, net of tax [3]       278 33
Financial assets measured at fair value through other comprehensive income, net of tax [3]       0 0
Cash flow hedges, net of tax [3]       84 229
Cost of hedging, net of tax [3]       0  
Total other comprehensive income that may be reclassified to the income statement, net of tax [3]       362 261
Defined benefit plans, net of tax [3]       (97) (11)
Total other comprehensive income that will not be reclassified to the income statement, net of tax [3]       (97) (11)
Total other comprehensive income [3]       265 251
Total comprehensive income [3]       1,169 1,231
Other subsidiaries | Reportable legal entities          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [5]       698 858
Total comprehensive income [6]       854 1,099
Other subsidiaries | Reportable legal entities | Comprehensive income attributable to shareholders          
Condensed Statement Of Income Captions [Line Items]          
Net profit / (loss) [6]       691 859
Foreign currency translation, net of tax [6]       (111) 14
Financial assets measured at fair value through other comprehensive income, net of tax [6]       149 123
Cash flow hedges, net of tax [6]       176 156
Cost of hedging, net of tax [6]       (13)  
Total other comprehensive income that may be reclassified to the income statement, net of tax [6]       201 293
Defined benefit plans, net of tax [6]       (42) (50)
Total other comprehensive income that will not be reclassified to the income statement, net of tax [6]       (42) (50)
Total other comprehensive income [6]       160 243
Total comprehensive income [6]       851 1,102
Other subsidiaries | Reportable legal entities | Comprehensive income attributable to non-controlling interests          
Condensed Statement Of Income Captions [Line Items]          
Total comprehensive income [6]       $ 3 $ (3)
[1]
Amounts presented for UBS AG standalone and UBS Switzerland AG standalone represent IFRS standalone information. Refer to the UBS AG standalone and UBS Switzerland AG standalone financial statements under “Complementary financial information” at www.ubs.com/investors for information prepared in accordance with Swiss GAAP
[2]
Effective from the second quarter of 2020, UBS AG accounts for its investments in associates under the equity method of accounting and no longer at cost less impairment. The new measurement policy will result in more relevant information regarding the value of UBS AG’s investments in associates. The change was applied retrospectively to all prior periods presented, resulting in a decrease in Net profit attributable to shareholders for the six months ended 30 June 2019 of USD 72 million, almost entirely reflected within Other income.
[3]
Amounts presented for UBS AG standalone and UBS Switzerland AG standalone represent IFRS standalone information. Refer to the UBS AG standalone and UBS Switzerland AG standalone financial statements under “Complementary financial information” at www.ubs.com/investors for information prepared in accordance with Swiss GAAP
[4]
Effective from the second quarter of 2020, UBS AG accounts for its investments in associates under the equity method of accounting and no longer at cost less impairment. The new measurement policy will result in more relevant information regarding the value of UBS AG’s investments in associates. The change was applied retrospectively to all prior periods presented, resulting in a decrease in Total comprehensive income attributable to shareholders for the six months ended 30 June 2019 of USD 74 million, reflecting a decrease of USD 72 million in Net profit attributable to shareholders and a USD 2 million decrease in Total other comprehensive income attributable to shareholders.
[5]
The ”Other subsidiaries“ column includes consolidated information for the UBS Americas Holding LLC, UBS Europe SE and UBS Asset Management AG significant sub-groups, as well as standalone information for other subsidiaries.
[6]
The ”Other subsidiaries“ column includes consolidated information for the UBS Americas Holding LLC, UBS Europe SE and UBS Asset Management AG significant sub-groups, as well as standalone information for other subsidiaries.