XML 133 R106.htm IDEA: XBRL DOCUMENT v3.20.4
Interest Income and Interest Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income      
Loans $ 43,758 $ 51,855 $ 49,032
Taxable securities 7,843 7,962 5,653
Non-taxable securities 1,184 1,329 1,595
Total investment securities 9,027 9,291 7,248
Trading assets - debt instruments 7,832 9,141 7,146
Federal funds sold and securities purchased under resale agreements 2,436 6,146 3,819
Securities borrowed (302) 1,574 913
Deposits with banks 749 3,887 5,907
All other interest-earning assets 1,023 2,146 2,035
Total interest income 64,523 84,040 76,100
Interest expense      
Interest bearing deposits 2,357 8,957 5,973
Federal funds purchased and securities loaned or sold under repurchase agreements 1,058 4,630 3,066
Short-term borrowings 372 1,248 1,144
Trading liabilities – debt and all other interest-bearing liabilities 195 2,585 2,387
Long-term debt 5,764 8,807 7,978
Beneficial interest issued by consolidated VIEs 214 568 493
Total interest expense 9,960 26,795 21,041
Net interest income 54,563 57,245 55,059
Provision for credit losses 17,480 5,585 4,871
Net interest income after provision for credit losses $ 37,083 $ 51,660 $ 50,188