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Maturity analysis of financial liabilities (Detail) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] $ 11,100 $ 6,600
Payables from securities financing transactions, undiscounted cash flows [1] 6,300 7,800
Cash collateral payables on derivative instruments, undiscounted cash flows [1] 37,300 31,400
Customer deposits, undiscounted cash flows [1] 524,900 448,900
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 148,500 122,700
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 8,900 9,000
of which: lease liabilities, undiscounted cash flow [1] 4,500 4,600
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 737,100 626,400
Financial liabilities at fair value held for trading [1],[3],[4] 33,595 30,591
Derivative financial instruments [1],[3],[5],[6] 161,102 120,880
Brokerage payables designated at fair value, undiscounted cash flows [1] 38,700 37,200
Debt issued designated at fair value, undiscounted cash flows [1],[7] 64,500 68,500
Other financial liabilities designated at fair value, undiscounted cash flows [1] 30,900 36,100
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 328,800 293,300
Total financial liabilities, undiscounted cash flows [1] 1,065,900 919,800
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 41,400 27,500
Guarantees 17,500 19,100
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8] 3,200 1,700
Total 62,200 48,300
Trading portfolio liabilities contractually due within one month 32,600 30,000
Trading portfolio liabilities contractually due between one month and one year 1,000 600
Trading portfolio liabilities contractually due between 1 and 5 years 0 0
Measured At Fair Value [Member]    
Guarantees, commitments and forward starting transactions    
Loan commitments and forward starting reverse repurchase agreements classified as derivatives 32 0
Due within 1 month    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 6,100 5,400
Payables from securities financing transactions, undiscounted cash flows [1] 5,600 7,400
Cash collateral payables on derivative instruments, undiscounted cash flows [1] 37,300 31,400
Customer deposits, undiscounted cash flows [1] 512,800 423,000
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 9,000 4,500
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 4,500 4,500
of which: lease liabilities, undiscounted cash flow [1] 100 100
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 575,300 476,100
Financial liabilities at fair value held for trading [1],[3],[4] 33,600 30,600
Derivative financial instruments [1],[3],[6] 161,100 120,900
Brokerage payables designated at fair value, undiscounted cash flows [1] 38,700 37,200
Debt issued designated at fair value, undiscounted cash flows [1],[7] 21,900 21,300
Other financial liabilities designated at fair value, undiscounted cash flows [1] 27,900 34,000
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 283,200 244,000
Total financial liabilities, undiscounted cash flows [1] 858,500 720,100
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 40,500 26,800
Guarantees 17,500 19,100
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8] 3,200 1,600
Total 61,300 47,500
Due within 1 month | Loan commitments and forward starting reverse repurchase agreements    
Guarantees, commitments and forward starting transactions    
Notional amounts of derivatives 31,300 26,600
Due between 1 and 3 months    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 2,400 300
Payables from securities financing transactions, undiscounted cash flows [1] 400 100
Customer deposits, undiscounted cash flows [1] 6,600 16,100
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 8,300 5,300
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 100 100
of which: lease liabilities, undiscounted cash flow [1] 100 100
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 17,900 22,000
Debt issued designated at fair value, undiscounted cash flows [1],[7] 16,800 17,400
Other financial liabilities designated at fair value, undiscounted cash flows [1] 600 400
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 17,400 17,800
Total financial liabilities, undiscounted cash flows [1] 35,300 39,900
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 500 500
Total 500 500
Due between 3 and 12 months    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 2,100 400
Payables from securities financing transactions, undiscounted cash flows [1] 300 300
Customer deposits, undiscounted cash flows [1] 3,500 7,300
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 41,900 30,500
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 500 500
of which: lease liabilities, undiscounted cash flow [1] 500 500
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 48,200 38,900
Debt issued designated at fair value, undiscounted cash flows [1],[7] 7,100 9,500
Other financial liabilities designated at fair value, undiscounted cash flows [1] 600 500
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 7,700 9,900
Total financial liabilities, undiscounted cash flows [1] 56,000 48,800
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 400 300
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8]   0
Total 400 300
Due between 1 and 5 years    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 500 500
Payables from securities financing transactions, undiscounted cash flows [1] 0  
Customer deposits, undiscounted cash flows [1] 1,800 2,500
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 53,700 46,300
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 2,000 2,000
of which: lease liabilities, undiscounted cash flow [1] 2,000 2,000
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 58,000 51,300
Debt issued designated at fair value, undiscounted cash flows [1],[7] 9,200 12,700
Other financial liabilities designated at fair value, undiscounted cash flows [1] 700 400
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 9,900 13,100
Total financial liabilities, undiscounted cash flows [1] 67,900 64,500
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 0 0
Total 0 0
Due after 5 years    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 0 0
Payables from securities financing transactions, undiscounted cash flows [1] 0 0
Customer deposits, undiscounted cash flows [1] 200 0
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 35,600 36,000
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 1,800 2,000
of which: lease liabilities, undiscounted cash flow [1] 1,800 2,000
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 37,700 38,100
Debt issued designated at fair value, undiscounted cash flows [1],[7] 9,500 7,600
Other financial liabilities designated at fair value, undiscounted cash flows [1] 1,100 900
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 10,600 8,500
Total financial liabilities, undiscounted cash flows [1] 48,300 46,600
Guarantees, commitments and forward starting transactions    
Total 0 0
UBS AG    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 11,100 6,600
Payables from securities financing transactions, undiscounted cash flows [1] 6,300 7,800
Cash collateral payables on derivative instruments, undiscounted cash flows [1] 37,300 31,400
Customer deposits, undiscounted cash flows [1] 528,200 451,200
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 60,500 56,200
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 88,200 66,500
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 9,600 9,600
of which: lease liabilities, undiscounted cash flow [1] 4,400 4,500
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 741,300 629,300
Financial liabilities at fair value held for trading [1],[3],[4] 33,595 30,591
Derivative financial instruments [1],[3],[6],[9] 161,102 120,880
Brokerage payables designated at fair value, undiscounted cash flows [1] 38,700 37,200
Debt issued designated at fair value, undiscounted cash flows [1],[7] 61,000 68,000
Other financial liabilities designated at fair value, undiscounted cash flows [1] 34,300 36,100
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 328,800 292,900
Total financial liabilities, undiscounted cash flows [1] 1,070,000 922,200
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 41,400 27,500
Guarantees 17,500 19,100
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8] 3,200 1,700
Total 62,200 48,300
Trading portfolio liabilities contractually due within one month 32,600 30,000
Trading portfolio liabilities contractually due between one month and one year 1,000 600
Trading portfolio liabilities contractually due between 1 and 5 years 0 0
UBS AG | Measured At Fair Value [Member]    
Guarantees, commitments and forward starting transactions    
Loan commitments and forward starting reverse repurchase agreements classified as derivatives 32 0
UBS AG | Due within 1 month    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 6,100 5,400
Payables from securities financing transactions, undiscounted cash flows [1] 5,600 7,400
Cash collateral payables on derivative instruments, undiscounted cash flows [1] 37,300 31,400
Customer deposits, undiscounted cash flows [1] 514,000 423,900
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 100 0
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 8,800 4,300
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 5,300 5,200
of which: lease liabilities, undiscounted cash flow [1] 100 100
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 577,200 477,600
Financial liabilities at fair value held for trading [1],[3],[4] 33,600 30,600
Derivative financial instruments [1],[3],[6] 161,100 120,900
Brokerage payables designated at fair value, undiscounted cash flows [1] 38,700 37,200
Debt issued designated at fair value, undiscounted cash flows [1],[7] 21,900 21,300
Other financial liabilities designated at fair value, undiscounted cash flows [1] 27,900 34,000
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 283,200 244,000
Total financial liabilities, undiscounted cash flows [1] 860,300 721,600
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 40,500 26,800
Guarantees 17,500 19,100
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8] 3,200 1,600
Total 61,300 47,500
UBS AG | Due within 1 month | Loan commitments and forward starting reverse repurchase agreements    
Guarantees, commitments and forward starting transactions    
Notional amounts of derivatives 31,300 26,600
UBS AG | Due between 1 and 3 months    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 2,400 300
Payables from securities financing transactions, undiscounted cash flows [1] 400 100
Customer deposits, undiscounted cash flows [1] 7,800 16,500
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 300 200
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 7,800 4,700
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 100 100
of which: lease liabilities, undiscounted cash flow [1] 100 100
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 18,900 22,000
Debt issued designated at fair value, undiscounted cash flows [1],[7] 16,800 17,400
Other financial liabilities designated at fair value, undiscounted cash flows [1] 600 400
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 17,400 17,800
Total financial liabilities, undiscounted cash flows [1] 36,300 39,900
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 500 500
Total 500 500
UBS AG | Due between 3 and 12 months    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 2,100 400
Payables from securities financing transactions, undiscounted cash flows [1] 300 300
Customer deposits, undiscounted cash flows [1] 3,500 7,300
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 6,200 2,300
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 38,200 27,800
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 500 500
of which: lease liabilities, undiscounted cash flow [1] 500 500
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 50,700 38,500
Debt issued designated at fair value, undiscounted cash flows [1],[7] 7,100 9,500
Other financial liabilities designated at fair value, undiscounted cash flows [1] 600 500
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 7,700 9,900
Total financial liabilities, undiscounted cash flows [1] 58,400 48,400
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 400 300
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements [8]   0
Total 400 300
UBS AG | Due between 1 and 5 years    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 500 500
Customer deposits, undiscounted cash flows [1] 2,800 3,500
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 29,100 29,000
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 24,500 20,700
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 2,000 1,900
of which: lease liabilities, undiscounted cash flow [1] 2,000 1,900
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 58,800 55,600
Debt issued designated at fair value, undiscounted cash flows [1],[7] 9,200 12,700
Other financial liabilities designated at fair value, undiscounted cash flows [1] 700 400
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 9,800 13,100
Total financial liabilities, undiscounted cash flows [1] 68,600 68,700
Guarantees, commitments and forward starting transactions    
Loan commitments [8] 0 0
Total 0 0
UBS AG | Due after 5 years    
Financial liabilities recognized on balance sheet    
Amounts due to banks, undiscounted cash flows [1] 0 0
Payables from securities financing transactions, undiscounted cash flows [1] 0 0
Customer deposits, undiscounted cash flows [1] 200 0
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows [1],[2] 24,800 24,600
Debt issued measured at amortized cost, undiscounted cash flows [1],[2] 8,900 9,000
Other financial liabilities measured at amortized cost, undiscounted cash flows [1] 1,800 2,000
of which: lease liabilities, undiscounted cash flow [1] 1,800 2,000
Total financial liabilities measured at amortized cost, undiscounted cash flows [1] 35,800 35,600
Debt issued designated at fair value, undiscounted cash flows [1],[7] 6,000 7,100
Other financial liabilities designated at fair value, undiscounted cash flows [1] 4,600 900
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows [1] 10,600 8,000
Total financial liabilities, undiscounted cash flows [1] 46,400 43,600
Guarantees, commitments and forward starting transactions    
Total $ 0 $ 0
[1]
Except for financial liabilities at fair value held for trading and derivative financial instruments (see footnote 3), the amounts presented generally represent undiscounted cash flows of future interest and principal payments
[2]
The time-bucket Due after 5 years includes perpetual loss-absorbing additional tier 1 capital instruments.
[3]
Carrying amount is fair value. Management believes that this best represents the cash flows that would have to be paid if these positions had to be settled or closed out.
[4]
Contractual maturities of financial liabilities at fair value held for trading are: USD 32.6 billion due within 1 month (2019: USD 30 billion), USD 1.0 billion due between 1 month and 1 year (2019: USD 0.6 billion) and USD 0 billion due between 1 and 5 years (2019: USD 0 billion). 5 Includes USD 32 million (2019: 0 million) related to fair values of derivative loan commitments and forward starting reverse repurchase agreements classified as derivatives, presented within “Due within 1 month”. The full contractual committed amount of USD 31.3 billion (2019: USD 26.6 billion) is presented in Note 10 under notional amounts.
[5]
Derivative financial assets and liabilities are presented net on the balance sheet if UBS has the unconditional and legally enforceable right to offset the recognized amounts, both in the normal course of business and in the event of default, bankruptcy or insolvency of the entity and all of the counterparties, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously. Refer to Note 22 for more information on netting arrangements.
[6]
Includes USD 32 million (2019: 0 million) related to fair values of derivative loan commitments and forward starting reverse repurchase agreements classified as derivatives, presented within “Due within 1 month”. The full contractual committed amount of USD 31.3 billion (2019: USD 26.6 billion) is presented in Note 10 under notional amounts.
[7]
Future interest payments on variable-rate liabilities are determined by reference to the applicable interest rate prevailing as of the reporting date. Future principal payments that are variable are determined by reference to the conditions existing at the reporting date.
[8]
Excludes derivative loan commitments and forward starting reverse repurchase agreements measured at fair value. The committed amounts of these instruments were previously presented in the former Note 34 (refer to the “Consolidated financial statements” section of the Annual Report 2019 for more information). Starting with this report, they are presented in Note 10 under notional amounts and prior-period information in this table has been amended to ensure comparability.
[9]
Financial assets and liabilities are presented net on the balance sheet if UBS AG has the unconditional and legally enforceable right to offset the recognized amounts, both in the normal course of business and in the event of default, bankruptcy or insolvency of the entity and all of the counterparties, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously. Refer to Note 25 for more information on netting arrangements.