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Interest Income and Interest Expense (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income        
Loans $ 11,626 $ 10,145 $ 22,259 $ 20,332
Taxable securities 2,289 1,577 4,268 3,182
Non-taxable securities 245 270 490 547
Total investment securities 2,534 1,847 4,758 3,729
Trading assets - debt instruments 2,049 1,711 3,816 3,493
Federal funds sold and securities purchased under resale agreements 543 175 940 408
Securities borrowed 173 (90) 86 (167)
Deposits with banks 1,079 103 1,317 168
All other interest-earning assets 642 203 966 402
Total interest income 18,646 14,094 34,142 28,365
Interest expense        
Interest-bearing deposits 898 132 1,080 278
Federal funds purchased and securities loaned or sold under repurchase agreements 468 60 585 75
Short-term borrowings 90 33 130 66
Trading liabilities – debt and all other interest-bearing liabilities 471 51 662 78
Long-term debt 1,561 1,056 2,637 2,190
Beneficial interest issued by consolidated VIEs 30 21 48 48
Total interest expense 3,518 1,353 5,142 2,735
Net interest income 15,128 12,741 29,000 25,630
Provision for credit losses 1,101 (2,285) 2,564 (6,441)
Net interest income after provision for credit losses $ 14,027 $ 15,026 $ 26,436 $ 32,071