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Fair Value Measurement - Changes in Level 3 Recurring Measurements (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Net derivative receivables:          
Fair value, beginning balance $ (2,200) $ 579 $ (1,852) $ 673  
Total realized/unrealized gains/(losses) 447 (1,050) (731) (190)  
Purchases 437 441 855 829  
Sales (772) (836) (1,544) (1,684)  
Settlements 192 (756) 906 (809)  
Transfers into level 3 85 (520) 108 (485)  
Transfers (out of) level 3 (3) (136) 444 (612)  
Fair value, ending balance (1,814) (2,278) (1,814) (2,278)  
Change in unrealized gains/(losses) related to financial instruments held $ 529 (811) $ (156) (167)  
Level 3 Rollforward Supplemental Data          
Level 3 assets as a percentage of total firm assets at fair value 2.00%   2.00%   2.00%
Level 3 liabilities as a percentage of total firm liabilities at fair value 6.00%   6.00%   8.00%
Deposits          
Liabilities:          
Fair value, beginning balance $ 2,055 2,208 $ 1,833 2,162  
Total realized/unrealized (gains)/losses 14 (51) (15) (3)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 265 139 792 267  
Settlements (407) (181) (610) (248)  
Transfers into level 3 34 0 34 0  
Transfers (out of) level 3 (38) (62) (111) (125)  
Fair value, ending balance 1,923 2,053 1,923 2,053  
Change in unrealized (gains)/losses related to financials instruments held 12 (51) (21) (31)  
Short-term borrowings          
Liabilities:          
Fair value, beginning balance 2,206 1,410 1,758 1,401  
Total realized/unrealized (gains)/losses 68 50 69 140  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 1,814 1,191 3,459 2,242  
Settlements (1,360) (927) (2,557) (2,059)  
Transfers into level 3 1 2 1 2  
Transfers (out of) level 3 (3) (22) (4) (22)  
Fair value, ending balance 2,726 1,704 2,726 1,704  
Change in unrealized (gains)/losses related to financials instruments held 45 29 30 34  
Total debt and equity instruments          
Liabilities:          
Fair value, beginning balance 37 63 37 84  
Total realized/unrealized (gains)/losses (37) (1) (40) (13)  
Purchases (5) 0 (6) (27)  
Sales 55 (2) 57 6  
Issuances 0 0 0 0  
Settlements 0 (2) 0 (2)  
Transfers into level 3 18 6 21 18  
Transfers (out of) level 3 0 (1) (1) (3)  
Fair value, ending balance 68 63 68 63  
Change in unrealized (gains)/losses related to financials instruments held (37) (1) (67) 0  
Accounts payable and other liabilities          
Liabilities:          
Fair value, beginning balance 48 56 52 53  
Total realized/unrealized (gains)/losses (8) 5 (12) 4  
Purchases (3) (2) (6) (2)  
Sales 28 3 31 7  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 5 8 5 8  
Transfers (out of) level 3 0 (2) 0 (2)  
Fair value, ending balance 70 68 70 68  
Change in unrealized (gains)/losses related to financials instruments held (8) 5 (12) 4  
Long-term debt          
Liabilities:          
Fair value, beginning balance 28,678 25,227 27,726 24,092  
Total realized/unrealized (gains)/losses (36) 325 515 1,681  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 6,473 2,667 10,976 5,400  
Settlements (4,121) (2,550) (7,972) (5,525)  
Transfers into level 3 426 113 443 204  
Transfers (out of) level 3 (134) (357) (402) (427)  
Fair value, ending balance 31,286 25,425 31,286 25,425  
Change in unrealized (gains)/losses related to financials instruments held (31) 354 424 1,674  
DVA for fair value option elected liabilities          
Level 3 Rollforward Supplemental Data          
Unrealized (gains)/losses on liabilities recorded in OCI (137) 23 (97) (277)  
Interest rate          
Net derivative receivables:          
Fair value, beginning balance 800 754 502 701  
Total realized/unrealized gains/(losses) 46 (1,043) (282) (697)  
Purchases 139 60 192 95  
Sales (41) (42) (84) (92)  
Settlements 399 49 883 27  
Transfers into level 3 58 (914) 187 (1,079)  
Transfers (out of) level 3 (100) 14 (97) (77)  
Fair value, ending balance 1,301 (1,122) 1,301 (1,122)  
Change in unrealized gains/(losses) related to financial instruments held 24 (960) (374) (582)  
Credit          
Net derivative receivables:          
Fair value, beginning balance 260 452 265 13  
Total realized/unrealized gains/(losses) 91 228 66 474  
Purchases 0 0 0 3  
Sales (1) (1) (16) (4)  
Settlements (153) 31 (139) 202  
Transfers into level 3 (32) 2 (38) 26  
Transfers (out of) level 3 15 (23) 42 (25)  
Fair value, ending balance 180 689 180 689  
Change in unrealized gains/(losses) related to financial instruments held 89 240 208 497  
Foreign exchange          
Net derivative receivables:          
Fair value, beginning balance 24 545 62 489  
Total realized/unrealized gains/(losses) 128 (37) 131 52  
Purchases 43 51 77 79  
Sales (87) (67) (125) (108)  
Settlements 35 (126) (87) (201)  
Transfers into level 3 24 55 (29) 119  
Transfers (out of) level 3 1 (32) 139 (41)  
Fair value, ending balance 168 389 168 389  
Change in unrealized gains/(losses) related to financial instruments held 140 (29) 139 29  
Equity          
Net derivative receivables:          
Fair value, beginning balance (2,781) (885) (2,402) (384)  
Total realized/unrealized gains/(losses) 128 (148) (524) 23  
Purchases 247 295 568 613  
Sales (591) (675) (1,199) (1,362)  
Settlements (109) (726) 222 (726)  
Transfers into level 3 38 349 (11) 460  
Transfers (out of) level 3 77 (91) 355 (505)  
Fair value, ending balance (2,991) (1,881) (2,991) (1,881)  
Change in unrealized gains/(losses) related to financial instruments held 216 9 (6) 95  
Commodity          
Net derivative receivables:          
Fair value, beginning balance (503) (287) (279) (146)  
Total realized/unrealized gains/(losses) 54 (50) (122) (42)  
Purchases 8 35 18 39  
Sales (52) (51) (120) (118)  
Settlements 20 16 27 (111)  
Transfers into level 3 (3) (12) (1) (11)  
Transfers (out of) level 3 4 (4) 5 36  
Fair value, ending balance (472) (353) (472) (353)  
Change in unrealized gains/(losses) related to financial instruments held 60 (71) (123) (206)  
Federal funds sold and securities purchased under resale agreements          
Assets:          
Fair value, beginning balance 0 0 0 0  
Total realized/unrealized gains/(losses) 0 0 0 0  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 0 0 0 0  
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 0  
Total mortgage-backed securities          
Assets:          
Fair value, beginning balance 749 772 775 771  
Total realized/unrealized gains/(losses) (1) 5 (2) 14  
Purchases 44 106 46 131  
Sales (44) (112) (61) (119)  
Settlements (20) (40) (41) (67)  
Transfers into level 3 0 5 11 9  
Transfers (out of) level 3 (4) (19) (4) (22)  
Fair value, ending balance 724 717 724 717  
Change in unrealized gains/(losses) related to financial instruments held (1) (7) (1) 2  
Mortgage-backed securities, U.S. GSEs and government agencies          
Assets:          
Fair value, beginning balance 729 757 758 759  
Total realized/unrealized gains/(losses) (1) 0 0 7  
Purchases 44 106 45 131  
Sales (44) (106) (61) (113)  
Settlements (20) (40) (41) (64)  
Transfers into level 3 0 0 7 0  
Transfers (out of) level 3 0 (11) 0 (14)  
Fair value, ending balance 708 706 708 706  
Change in unrealized gains/(losses) related to financial instruments held (1) (6) 0 2  
Mortgage-backed securities, Residential - nonagency          
Assets:          
Fair value, beginning balance 8 5 5 5  
Total realized/unrealized gains/(losses) 1 6 0 7  
Purchases 0 0 0 0  
Sales 0 (6) 0 (6)  
Settlements 0 0 0 (2)  
Transfers into level 3 0 0 4 1  
Transfers (out of) level 3 (4) 0 (4) 0  
Fair value, ending balance 5 5 5 5  
Change in unrealized gains/(losses) related to financial instruments held 1 0 0 1  
Mortgage-backed securities, Commercial - nonagency          
Assets:          
Fair value, beginning balance 12 10 12 7  
Total realized/unrealized gains/(losses) (1) (1) (2) 0  
Purchases 0 0 1 0  
Sales 0 0 0 0  
Settlements 0 0 0 (1)  
Transfers into level 3 0 5 0 8  
Transfers (out of) level 3 0 (8) 0 (8)  
Fair value, ending balance 11 6 11 6  
Change in unrealized gains/(losses) related to financial instruments held (1) (1) (1) (1)  
Total debt and equity instruments          
Assets:          
Fair value, beginning balance 2,356 3,139 2,373 2,909  
Total realized/unrealized gains/(losses) 7 (7) 42 (7)  
Purchases 401 525 920 1,238  
Sales (308) (306) (716) (513)  
Settlements (203) (66) (322) (189)  
Transfers into level 3 286 222 401 310  
Transfers (out of) level 3 (238) (194) (397) (435)  
Fair value, ending balance 2,301 3,313 2,301 3,313  
Change in unrealized gains/(losses) related to financial instruments held 33 (18) 54 17  
Total debt instruments          
Assets:          
Fair value, beginning balance 2,044 2,418 2,138 2,178  
Total realized/unrealized gains/(losses) (5) 28 15 80  
Purchases 349 467 760 1,028  
Sales (257) (270) (635) (406)  
Settlements (192) (60) (276) (183)  
Transfers into level 3 266 118 357 169  
Transfers (out of) level 3 (180) (138) (334) (303)  
Fair value, ending balance 2,025 2,563 2,025 2,563  
Change in unrealized gains/(losses) related to financial instruments held (8) 16 5 63  
Obligations of U.S. states and municipalities          
Assets:          
Fair value, beginning balance 7 6 10 7  
Total realized/unrealized gains/(losses) 0 0 0 0  
Purchases 0 0 0 0  
Sales 0 0 0 (1)  
Settlements 0 0 (2) 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 (1) 0  
Fair value, ending balance 7 6 7 6  
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 0  
Non-U.S. government debt securities          
Assets:          
Fair value, beginning balance 173 169 179 155  
Total realized/unrealized gains/(losses) (3) 29 2 40  
Purchases 41 50 92 100  
Sales (5) (49) (72) (96)  
Settlements 0 0 0 0  
Transfers into level 3 0 0 7 0  
Transfers (out of) level 3 (13) 0 (15) 0  
Fair value, ending balance 193 199 193 199  
Change in unrealized gains/(losses) related to financial instruments held (4) 31 (6) 43  
Corporate debt securities          
Assets:          
Fair value, beginning balance 570 538 484 463  
Total realized/unrealized gains/(losses) (4) 0 7 24  
Purchases 86 61 300 110  
Sales (72) (43) (167) (60)  
Settlements (151) (2) (181) (2)  
Transfers into level 3 4 7 8 30  
Transfers (out of) level 3 (25) (39) (43) (43)  
Fair value, ending balance 408 522 408 522  
Change in unrealized gains/(losses) related to financial instruments held (5) (2) 7 18  
Loans          
Assets:          
Fair value, beginning balance 531 926 684 759  
Total realized/unrealized gains/(losses) 3 (6) 8 2  
Purchases 178 246 321 682  
Sales (131) (65) (330) (127)  
Settlements (14) (18) (45) (113)  
Transfers into level 3 262 102 324 125  
Transfers (out of) level 3 (138) (80) (271) (223)  
Fair value, ending balance 691 1,105 691 1,105  
Change in unrealized gains/(losses) related to financial instruments held 2 (6) 5 1  
Asset-backed securities          
Assets:          
Fair value, beginning balance 14 7 6 23  
Total realized/unrealized gains/(losses) 0 0 0 0  
Purchases 0 4 1 5  
Sales (5) (1) (5) (3)  
Settlements (7) 0 (7) (1)  
Transfers into level 3 0 4 7 5  
Transfers (out of) level 3 0 0 0 (15)  
Fair value, ending balance 2 14 2 14  
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 (1)  
Equity securities          
Assets:          
Fair value, beginning balance 203 581 127 665  
Total realized/unrealized gains/(losses) (25) (16) (19) (47)  
Purchases 33 50 114 108  
Sales (51) (36) (81) (107)  
Settlements 0 0 0 0  
Transfers into level 3 19 104 43 140  
Transfers (out of) level 3 (57) (52) (62) (128)  
Fair value, ending balance 122 631 122 631  
Change in unrealized gains/(losses) related to financial instruments held 3 (16) 5 (27)  
Physical commodities          
Assets:          
Fair value, beginning balance 2 0 7 2  
Total realized/unrealized gains/(losses) 4 0 2 0  
Purchases 4 6 4 6  
Sales 0 0 0 0  
Settlements 0 0 (3) (2)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 10 6 10 6  
Change in unrealized gains/(losses) related to financial instruments held 4 0 2 0  
Other          
Assets:          
Fair value, beginning balance 107 140 101 64  
Total realized/unrealized gains/(losses) 33 (19) 44 (40)  
Purchases 15 2 42 96  
Sales 0 0 0 0  
Settlements (11) (6) (43) (4)  
Transfers into level 3 1 0 1 1  
Transfers (out of) level 3 (1) (4) (1) (4)  
Fair value, ending balance 144 113 144 113  
Change in unrealized gains/(losses) related to financial instruments held 34 (18) 42 (19)  
Total available-for-sale securities          
Assets:          
Fair value, beginning balance 0 250 0 239  
Total realized/unrealized gains/(losses) 0 17 0 28  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 0 267 0 267  
Change in unrealized gains/(losses) related to financial instruments held 0 17 0 28  
Corporate debt securities          
Assets:          
Fair value, beginning balance 0 250 0 239  
Total realized/unrealized gains/(losses) 0 17 0 28  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 0 267 0 267  
Change in unrealized gains/(losses) related to financial instruments held 0 17 0 28  
Loans          
Assets:          
Fair value, beginning balance 2,901 1,479 3,079 1,418  
Total realized/unrealized gains/(losses) 72 (3) 109 23  
Purchases 149 2,137 209 2,285  
Sales (183) (7) (205) (73)  
Settlements (253) (490) (645) (585)  
Transfers into level 3 366 760 669 917  
Transfers (out of) level 3 (59) (68) (223) (177)  
Fair value, ending balance 2,993 3,808 2,993 3,808  
Change in unrealized gains/(losses) related to financial instruments held 58 (52) (3) 24  
Mortgage servicing rights          
Assets:          
Fair value, beginning balance 8,605 7,755 8,522 7,973  
Total realized/unrealized gains/(losses) 119 275 397 264  
Purchases 418 546 478 577  
Sales (32) (92) (27) (90)  
Settlements (263) (255) (523) (495)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 8,847 8,229 8,847 8,229  
Change in unrealized gains/(losses) related to financial instruments held 119 275 397 264  
Other assets          
Assets:          
Fair value, beginning balance 811 406 758 405  
Total realized/unrealized gains/(losses) 37 16 66 21  
Purchases 373 5 420 17  
Sales (13) (2) (22) (2)  
Settlements (11) (14) (25) (30)  
Transfers into level 3 5 8 5 8  
Transfers (out of) level 3 0 (2) 0 (2)  
Fair value, ending balance 1,202 417 1,202 417  
Change in unrealized gains/(losses) related to financial instruments held $ 37 $ 16 $ 66 $ 21