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Allowance for Credit Losses (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Allowance for loan losses          
Beginning balance     $ 28,328 $ 13,123  
Gross charge-offs     2,656 3,779  
Gross recoveries collected     (865) (750)  
Net charge-offs/(recoveries)     1,791 3,029  
Provision for loan losses     (7,038) 17,324  
Other     1 1  
Ending balance $ 19,500 $ 31,591 19,500 31,591  
Allowance for lending-related commitments          
Beginning balance     2,409 1,191  
Provision for lending-related commitments     588 1,421  
Other     1 0  
Ending balance 2,998 2,710 2,998 2,710  
Total allowance for credit losses 22,498 34,301 22,498 34,301  
Allowance for loan losses by impairment methodology          
Asset-specific 374 1,662 374 1,662  
Portfolio-based 19,126 29,929 19,126 29,929  
Total allowance for loan losses 19,500 31,591 19,500 31,591 $ 28,328
Loans by impairment methodology          
Asset-specific 19,377 22,020 19,377 22,020  
Portfolio-based 944,288 943,428 944,288 943,428  
Total retained loans 963,665 965,448 963,665 965,448 960,506
Allowance for lending-related commitments by impairment methodology          
Asset-specific 150 115 150 115  
Portfolio-based 2,848 2,595 2,848 2,595  
Total allowance for lending-related commitments 2,998 2,710 2,998 2,710 2,409
Lending-related commitments by impairment methodology          
Asset-specific 851 762 851 762  
Portfolio-based 495,170 426,538 495,170 426,538  
Total lending-related commitments 496,021 427,300 496,021 427,300  
Investment securities, allowance for credit losses 87 23 87 23 78
Collateral-dependent loans          
Allowance for loan losses          
Net charge-offs/(recoveries)     29 78  
Collateral-dependent loans          
Loans measured at fair value of collateral less cost to sell 5,030 3,671 5,030 3,671  
Cumulative effect of a change in accounting principle          
Allowance for loan losses          
Beginning balance       4,172  
Allowance for lending-related commitments          
Beginning balance       98  
Allowance for loan losses by impairment methodology          
Total allowance for loan losses          
Allowance for lending-related commitments by impairment methodology          
Total allowance for lending-related commitments          
Consumer-related          
Lending-related commitments by impairment methodology          
Decrease in allowance for credit losses     7,100    
Consumer, excluding credit card          
Allowance for loan losses          
Beginning balance     3,636 2,538  
Gross charge-offs     308 425  
Gross recoveries collected     (318) (348)  
Net charge-offs/(recoveries)     (10) 77  
Provision for loan losses     (1,746) 2,115  
Other     (2) (1)  
Ending balance 1,898 4,872 1,898 4,872  
Allowance for lending-related commitments          
Beginning balance     187 12  
Provision for lending-related commitments     (46) 95  
Other     1 1  
Ending balance 142 241 142 241  
Total allowance for credit losses 2,040 5,113 2,040 5,113  
Allowance for loan losses by impairment methodology          
Asset-specific (557) 263 (557) 263  
Portfolio-based 2,455 4,609 2,455 4,609  
Total allowance for loan losses 1,898 4,872 1,898 4,872 3,636
Loans by impairment methodology          
Asset-specific 15,187 16,749 15,187 16,749  
Portfolio-based 282,544 290,256 282,544 290,256  
Total retained loans 297,731 307,005 297,731 307,005 302,127
Allowance for lending-related commitments by impairment methodology          
Asset-specific 0 0 0 0  
Portfolio-based 142 241 142 241  
Total allowance for lending-related commitments 142 241 142 241 187
Lending-related commitments by impairment methodology          
Asset-specific 0 0 0 0  
Portfolio-based 36,092 35,417 36,092 35,417  
Total lending-related commitments 36,092 35,417 36,092 35,417  
Credit card lending-related commitments not permitted to have an allowance for credit losses 20,800 9,900 20,800 9,900  
Consumer, excluding credit card | Collateral-dependent loans          
Allowance for loan losses          
Net charge-offs/(recoveries)     23 56  
Collateral-dependent loans          
Loans measured at fair value of collateral less cost to sell 4,689 3,505 4,689 3,505  
Consumer, excluding credit card | Cumulative effect of a change in accounting principle          
Allowance for loan losses          
Beginning balance       297  
Allowance for lending-related commitments          
Beginning balance       133  
Allowance for loan losses by impairment methodology          
Total allowance for loan losses          
Allowance for lending-related commitments by impairment methodology          
Total allowance for lending-related commitments          
Credit card          
Allowance for loan losses          
Beginning balance     17,800 5,683  
Gross charge-offs     2,213 2,863  
Gross recoveries collected     (475) (372)  
Net charge-offs/(recoveries)     1,738 2,491  
Provision for loan losses     (3,562) 9,091  
Other     0 0  
Ending balance 12,500 17,800 12,500 17,800  
Allowance for lending-related commitments          
Beginning balance     0 0  
Provision for lending-related commitments     0 0  
Other     0 0  
Ending balance 0 0 0 0  
Total allowance for credit losses 12,500 17,800 12,500 17,800  
Allowance for loan losses by impairment methodology          
Asset-specific 443 642 443 642  
Portfolio-based 12,057 17,158 12,057 17,158  
Total allowance for loan losses 12,500 17,800 12,500 17,800 17,800
Loans by impairment methodology          
Asset-specific 1,180 1,422 1,180 1,422  
Portfolio-based 139,899 140,234 139,899 140,234  
Total retained loans 141,079 141,656 141,079 141,656  
Allowance for lending-related commitments by impairment methodology          
Asset-specific 0 0 0 0  
Portfolio-based 0 0 0 0  
Total allowance for lending-related commitments 0 0 0 0 0
Lending-related commitments by impairment methodology          
Asset-specific 0 0 0 0  
Portfolio-based 0 0 0 0  
Total lending-related commitments 0 0 0 0  
Credit card lending-related commitments not permitted to have an allowance for credit losses 682,500 673,800 682,500 673,800  
Credit card | Collateral-dependent loans          
Allowance for loan losses          
Net charge-offs/(recoveries)     0 0  
Collateral-dependent loans          
Loans measured at fair value of collateral less cost to sell 0 0 0 0  
Credit card | Cumulative effect of a change in accounting principle          
Allowance for loan losses          
Beginning balance       5,517  
Allowance for lending-related commitments          
Beginning balance       0  
Allowance for loan losses by impairment methodology          
Total allowance for loan losses          
Allowance for lending-related commitments by impairment methodology          
Total allowance for lending-related commitments          
Wholesale          
Allowance for loan losses          
Beginning balance     6,892 4,902  
Gross charge-offs     135 491  
Gross recoveries collected     (72) (30)  
Net charge-offs/(recoveries) 10 299 63 461  
Provision for loan losses     (1,730) 6,118  
Other     3 2  
Ending balance 5,102 8,919 5,102 8,919  
Allowance for lending-related commitments          
Beginning balance     2,222 1,179  
Provision for lending-related commitments     634 1,326  
Other     0 (1)  
Ending balance 2,856 2,469 2,856 2,469  
Total allowance for credit losses 7,958 11,388 7,958 11,388  
Allowance for loan losses by impairment methodology          
Asset-specific 488 757 488 757  
Portfolio-based 4,614 8,162 4,614 8,162  
Total allowance for loan losses 5,102 8,919 5,102 8,919 6,892
Loans by impairment methodology          
Asset-specific 3,010 3,849 3,010 3,849  
Portfolio-based 521,845 512,938 521,845 512,938  
Total retained loans 524,855 516,787 524,855 516,787 514,947
Allowance for lending-related commitments by impairment methodology          
Asset-specific 150 115 150 115  
Portfolio-based 2,706 2,354 2,706 2,354  
Total allowance for lending-related commitments 2,856 2,469 2,856 2,469 $ 2,222
Lending-related commitments by impairment methodology          
Asset-specific 851 762 851 762  
Portfolio-based 459,078 391,121 459,078 391,121  
Total lending-related commitments 459,929 391,883 459,929 391,883  
Credit card lending-related commitments not permitted to have an allowance for credit losses 42,700 21,500 42,700 21,500  
Decrease in allowance for credit losses     1,100    
Wholesale | Collateral-dependent loans          
Allowance for loan losses          
Net charge-offs/(recoveries)     6 22  
Collateral-dependent loans          
Loans measured at fair value of collateral less cost to sell $ 341 $ 166 $ 341 166  
Wholesale | Cumulative effect of a change in accounting principle          
Allowance for loan losses          
Beginning balance       (1,642)  
Allowance for lending-related commitments          
Beginning balance       $ (35)  
Allowance for loan losses by impairment methodology          
Total allowance for loan losses          
Allowance for lending-related commitments by impairment methodology          
Total allowance for lending-related commitments