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Interest Income and Interest Expense (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income        
Loans $ 22,898 $ 20,306 $ 45,772 $ 38,014
Taxable securities 5,124 4,194 9,995 8,161
Non-taxable securities 302 343 625 591
Total investment securities 5,426 4,537 10,620 8,752
Trading assets - debt instruments 4,993 4,013 9,585 7,659
Federal funds sold and securities purchased under resale agreements 4,821 3,767 9,036 6,898
Securities borrowed 2,177 1,866 4,343 3,582
Deposits with banks 6,059 5,189 12,445 10,008
All other interest-earning assets 2,139 1,966 4,150 3,735
Total interest income 48,513 41,644 95,951 78,648
Interest expense        
Interest-bearing deposits 12,421 9,591 24,655 17,228
Federal funds purchased and securities loaned or sold under repurchase agreements 5,108 3,400 9,077 6,204
Short-term borrowings 502 428 1,037 849
Trading liabilities – debt and all other interest-bearing liabilities 2,604 2,373 5,240 4,344
Long-term debt 4,780 3,876 9,398 7,189
Beneficial interest issued by consolidated VIEs 352 197 716 344
Total interest expense 25,767 19,865 50,123 36,158
Net interest income 22,746 21,779 45,828 42,490
Provision for credit losses 3,052 2,899 4,936 5,174
Net interest income after provision for credit losses $ 19,694 $ 18,880 $ 40,892 $ 37,316