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Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets    
Allowance for loan losses $ 7,270 $ 3,400
Employee benefits 1,104 1,039
Accrued expenses and other 3,332 2,767
Non-U.S. operations 849 949
Tax attribute carryforwards 757 605
Gross deferred tax assets 13,312 8,760
Valuation allowance (560) (557)
Deferred tax assets, net of valuation allowance 12,752 8,203
Deferred tax liabilities    
Depreciation and amortization 3,329 2,852
Mortgage servicing rights, net of hedges 2,184 2,354
Leasing transactions 5,124 5,598
Other, net 6,025 4,683
Gross deferred tax liabilities 16,662 15,487
Net deferred tax (liabilities)/assets (3,910) $ (7,284)
FTC carryforwards 444  
U.S. federal    
Deferred tax liabilities    
NOL carryforwards 799  
Other tax attributes 393  
Non-U.S.    
Deferred tax liabilities    
NOL carryforwards 139  
State and local    
Deferred tax liabilities    
NOL carryforwards $ 1,100