Basis of Presentation Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of prior period impact of adoption of new accounting standards

The following tables present the prior period impact to the Consolidated statements of income and the Consolidated balance sheets from the retrospective adoption of the new accounting standards in the first quarter of 2018:

Selected Consolidated statements of income data
Year ended December 31, 2017 (in millions)	Reported		Revisions(a)			Revised
Revenue
Investment banking fees	$	7,248	$	164		$	7,412
Asset management, administration and commissions	15,377		910			16,287
Other income	3,639		7			3,646
Total net revenue	99,624		1,081			100,705
Noninterest expense
Compensation expense	31,009		199			31,208
Technology, communication and equipment expense	7,706		9			7,715
Professional and outside services	6,840		1,050			7,890
Other expense	6,256		(177		)	6,079
Total noninterest expense	$	58,434	$	1,081		$	59,515

Year ended December 31, 2016 (in millions)	Reported		Revisions(a)			Revised
Revenue
Investment banking fees	$	6,448	$	124		$	6,572
Asset management, administration and commissions	14,591		773			15,364
Other income	3,795		4			3,799
Total net revenue	95,668		901			96,569
Noninterest expense
Compensation expense	29,979		224			30,203
Technology, communication and equipment expense	6,846		7			6,853
Professional and outside services	6,655		871			7,526
Other expense	5,756		(201		)	5,555
Total noninterest expense	$	55,771	$	901		$	56,672

(a) Revisions relate to revenue recognition and pension cost guidance.

Selected Consolidated balance sheets data
December 31, 2017 (in millions)	Reported		Revisions(a)			Revised
Assets
Cash and due from banks	$	25,827	$	71		$	25,898
Deposits with banks	404,294		1,112			405,406
Other assets	114,770		(1,183		)	113,587
Total assets	$	2,533,600	$	—		$	2,533,600

(a) Revisions relate to the reclassification of restricted cash.

The following table presents the adjustment to retained earnings and AOCI as a result of the adoption of new accounting standards in the first quarter of 2018:

Increase/(decrease) (in millions)	Retained earnings			AOCI
Premium amortization on purchased callable debt securities	$	(505	)	$	261
Hedge accounting	34			115
Reclassification of certain tax effects from AOCI	288			(288		)
Total	$	(183	)	$	88

Schedule of significant accounting policies

The following table identifies JPMorgan Chase’s other significant accounting policies and the Note and page where a detailed description of each policy can be found.

Fair value measurement	Note 2	Page 159
Fair value option	Note 3	Page 179
Derivative instruments	Note 5	Page 184
Noninterest revenue	Note 6	Page 198
Interest income and interest expense	Note 7	Page 201
Pension and other postretirement employee benefit plans	Note 8	Page 202
Employee share-based incentives	Note 9	Page 209
Investment securities	Note 10	Page 211
Securities financing activities	Note 11	Page 216
Loans	Note 12	Page 219
Allowance for credit losses	Note 13	Page 239
Variable interest entities	Note 14	Page 244
Goodwill and Mortgage servicing rights	Note 15	page 252
Premises and equipment	Note 16	page 256
Long-term debt	Note 19	page 257
Income taxes	Note 24	page 264
Off–balance sheet lending-related financial instruments, guarantees and other commitments	Note 27	page 271
Litigation	Note 29	page 278