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Fair Value Measurement - Changes in Level 3 Recurring Measurements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Net derivative receivables:          
Fair value, beginning balance $ (1,814) $ (2,278) $ (1,852) $ 673  
Total realized/unrealized gains/(losses) 1,193 1,063 462 873  
Purchases 265 284 1,120 1,113  
Sales (999) (468) (2,543) (2,152)  
Settlements 280 (160) 1,186 (969)  
Transfers into level 3 (356) 17 (248) (468)  
Transfers (out of) level 3 19 73 463 (539)  
Fair value, ending balance (1,412) (1,469) (1,412) (1,469)  
Change in unrealized gains/(losses) related to financial instruments held $ 848 959 $ 851 805  
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 7.00%   7.00%   8.00%
Deposits          
Liabilities:          
Fair value, beginning balance $ 1,923 2,053 $ 1,833 2,162  
Total realized/unrealized (gains)/losses 105 (34) 90 (37)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 512 341 1,304 608  
Settlements (299) (468) (909) (716)  
Transfers into level 3 0 0 34 0  
Transfers (out of) level 3 (22) (40) (133) (165)  
Fair value, ending balance 2,219 1,852 2,219 1,852  
Change in unrealized (gains)/losses related to financials instruments held 104 (34) 78 (41)  
Short-term borrowings          
Liabilities:          
Fair value, beginning balance 2,726 1,704 1,758 1,401  
Total realized/unrealized (gains)/losses 74 22 143 162  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 2,283 1,371 5,742 3,613  
Settlements (1,435) (1,150) (3,992) (3,209)  
Transfers into level 3 1 0 2 2  
Transfers (out of) level 3 (2) (2) (6) (24)  
Fair value, ending balance 3,647 1,945 3,647 1,945  
Change in unrealized (gains)/losses related to financials instruments held 56 2 78 12  
Total debt and equity instruments          
Liabilities:          
Fair value, beginning balance 68 63 37 84  
Total realized/unrealized (gains)/losses (1) (5) (41) (18)  
Purchases (20) (2) (26) (29)  
Sales 5 2 62 8  
Issuances 0 0 0 0  
Settlements 0 (2) 0 (4)  
Transfers into level 3 25 0 46 18  
Transfers (out of) level 3 (5) (15) (6) (18)  
Fair value, ending balance 72 41 72 41  
Change in unrealized (gains)/losses related to financials instruments held (1) 0 (3) 3  
Accounts payable and other liabilities          
Liabilities:          
Fair value, beginning balance 70 68 52 53  
Total realized/unrealized (gains)/losses 5 (7) (7) (3)  
Purchases (30) (11) (36) (13)  
Sales 0 13 31 20  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 0 0 5 8  
Transfers (out of) level 3 (3) 0 (3) (2)  
Fair value, ending balance 42 63 42 63  
Change in unrealized (gains)/losses related to financials instruments held 5 (7) (7) (3)  
Long-term debt          
Liabilities:          
Fair value, beginning balance 31,286 25,425 27,726 24,092  
Total realized/unrealized (gains)/losses 1,632 (764) 2,147 917  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 6,073 3,380 17,049 8,780  
Settlements (5,258) (3,130) (13,230) (8,655)  
Transfers into level 3 23 18 466 222  
Transfers (out of) level 3 (283) (82) (685) (509)  
Fair value, ending balance 33,473 24,847 33,473 24,847  
Change in unrealized (gains)/losses related to financials instruments held 1,783 (774) 1,895 667  
DVA for fair value option elected liabilities          
Level 3 Rollforward Supplemental Data          
Unrealized (gains)/losses on liabilities recorded in OCI 0 0 (37) (277)  
Interest rate          
Net derivative receivables:          
Fair value, beginning balance 1,301 (1,122) 502 701  
Total realized/unrealized gains/(losses) 1,528 (162) 1,246 (859)  
Purchases 90 79 282 174  
Sales (38) (127) (122) (219)  
Settlements 98 349 981 376  
Transfers into level 3 (106) (56) 81 (1,135)  
Transfers (out of) level 3 (44) (72) (141) (149)  
Fair value, ending balance 2,829 (1,111) 2,829 (1,111)  
Change in unrealized gains/(losses) related to financial instruments held 1,373 (267) 892 (789)  
Credit          
Net derivative receivables:          
Fair value, beginning balance 180 689 265 13  
Total realized/unrealized gains/(losses) (209) 11 (143) 485  
Purchases 0 2 0 5  
Sales 0 0 (16) (4)  
Settlements (114) (150) (253) 52  
Transfers into level 3 25 (4) (13) 22  
Transfers (out of) level 3 19 3 61 (22)  
Fair value, ending balance (99) 551 (99) 551  
Change in unrealized gains/(losses) related to financial instruments held (198) 11 (68) 487  
Foreign exchange          
Net derivative receivables:          
Fair value, beginning balance 168 389 62 489  
Total realized/unrealized gains/(losses) (31) 88 100 140  
Purchases 59 55 136 134  
Sales (105) (18) (230) (126)  
Settlements 71 (5) (16) (206)  
Transfers into level 3 3 7 (26) 126  
Transfers (out of) level 3 (125) (3) 14 (44)  
Fair value, ending balance 40 513 40 513  
Change in unrealized gains/(losses) related to financial instruments held (5) 51 105 114  
Equity          
Net derivative receivables:          
Fair value, beginning balance (2,991) (1,881) (2,402) (384)  
Total realized/unrealized gains/(losses) (21) 1,013 (545) 1,036  
Purchases 112 145 680 758  
Sales (821) (222) (2,020) (1,584)  
Settlements 24 (385) 246 (1,111)  
Transfers into level 3 (285) 70 (296) 530  
Transfers (out of) level 3 172 (39) 527 (544)  
Fair value, ending balance (3,810) (1,299) (3,810) (1,299)  
Change in unrealized gains/(losses) related to financial instruments held (215) 1,060 104 936  
Commodity          
Net derivative receivables:          
Fair value, beginning balance (472) (353) (279) (146)  
Total realized/unrealized gains/(losses) (74) 113 (196) 71  
Purchases 4 3 22 42  
Sales (35) (101) (155) (219)  
Settlements 201 31 228 (80)  
Transfers into level 3 7 0 6 (11)  
Transfers (out of) level 3 (3) 184 2 220  
Fair value, ending balance (372) (123) (372) (123)  
Change in unrealized gains/(losses) related to financial instruments held (107) 104 (182) 57  
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 724 717 775 771  
Total realized/unrealized gains/(losses) 4 2 2 16  
Purchases 0 119 46 250  
Sales 0 (20) (61) (139)  
Settlements (21) (21) (62) (88)  
Transfers into level 3 0 0 11 9  
Transfers (out of) level 3 0 0 (4) (22)  
Fair value, ending balance 707 797 707 797  
Change in unrealized gains/(losses) related to financial instruments held 3 3 1 8  
Mortgage-backed securities, U.S. GSEs and government agencies          
Assets:          
Fair value, beginning balance 708 706 758 759  
Total realized/unrealized gains/(losses) 3 (4) 3 3  
Purchases 0 118 45 249  
Sales 0 (20) (61) (133)  
Settlements (20) (21) (61) (85)  
Transfers into level 3 0 0 7 0  
Transfers (out of) level 3 0 0 0 (14)  
Fair value, ending balance 691 779 691 779  
Change in unrealized gains/(losses) related to financial instruments held 3 (4) 3 3  
Mortgage-backed securities, Residential - nonagency          
Assets:          
Fair value, beginning balance 5 5 5 5  
Total realized/unrealized gains/(losses) 1 0 1 7  
Purchases 0 0 0 0  
Sales 0 0 0 (6)  
Settlements (1) 0 (1) (2)  
Transfers into level 3 0 0 4 1  
Transfers (out of) level 3 0 0 (4) 0  
Fair value, ending balance 5 5 5 5  
Change in unrealized gains/(losses) related to financial instruments held 0 0 (1) 0  
Mortgage-backed securities, Commercial - nonagency          
Assets:          
Fair value, beginning balance 11 6 12 7  
Total realized/unrealized gains/(losses) 0 6 (2) 6  
Purchases 0 1 1 1  
Sales 0 0 0 0  
Settlements 0 0 0 (1)  
Transfers into level 3 0 0 0 8  
Transfers (out of) level 3 0 0 0 (8)  
Fair value, ending balance 11 13 11 13  
Change in unrealized gains/(losses) related to financial instruments held 0 7 (1) 5  
Total debt and equity instruments          
Assets:          
Fair value, beginning balance 2,301 3,313 2,373 2,909  
Total realized/unrealized gains/(losses) 49 (32) 91 (39)  
Purchases 284 523 1,204 1,761  
Sales (253) (409) (969) (922)  
Settlements (53) (491) (375) (680)  
Transfers into level 3 388 160 789 470  
Transfers (out of) level 3 (279) (142) (676) (577)  
Fair value, ending balance 2,437 2,922 2,437 2,922  
Change in unrealized gains/(losses) related to financial instruments held 56 (27) 80 51  
Total debt instruments          
Assets:          
Fair value, beginning balance 2,025 2,563 2,138 2,178  
Total realized/unrealized gains/(losses) 33 (29) 48 51  
Purchases 264 487 1,024 1,515  
Sales (235) (309) (870) (715)  
Settlements (43) (34) (319) (217)  
Transfers into level 3 333 119 690 288  
Transfers (out of) level 3 (234) (134) (568) (437)  
Fair value, ending balance 2,143 2,663 2,143 2,663  
Change in unrealized gains/(losses) related to financial instruments held 33 (30) 40 99  
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 3 0 3  
Transfers (out of) level 3 0 0 (1) 0  
Fair value, ending balance 7 9 7 9  
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 193 199 179 155  
Total realized/unrealized gains/(losses) (4) 9 (2) 49  
Purchases 53 16 145 116  
Sales (65) (53) (137) (149)  
Settlements 0 0 0 0  
Transfers into level 3 7 0 14 0  
Transfers (out of) level 3 (11) (20) (26) (20)  
Fair value, ending balance 173 151 173 151  
Change in unrealized gains/(losses) related to financial instruments held (2) 18 4 86  
Corporate debt securities          
Assets:          
Fair value, beginning balance 408 522 484 463  
Total realized/unrealized gains/(losses) 21 15 28 39  
Purchases 86 191 386 301  
Sales (62) (56) (229) (116)  
Settlements 0 (1) (181) (3)  
Transfers into level 3 5 8 13 38  
Transfers (out of) level 3 (23) (27) (66) (70)  
Fair value, ending balance 435 652 435 652  
Change in unrealized gains/(losses) related to financial instruments held 20 4 27 34  
Loans          
Assets:          
Fair value, beginning balance 691 1,105 684 759  
Total realized/unrealized gains/(losses) 12 (56) 20 (54)  
Purchases 125 161 446 843  
Sales (108) (172) (438) (299)  
Settlements (22) (12) (67) (125)  
Transfers into level 3 321 108 645 233  
Transfers (out of) level 3 (200) (86) (471) (309)  
Fair value, ending balance 819 1,048 819 1,048  
Change in unrealized gains/(losses) related to financial instruments held 12 (56) 8 (28)  
Asset-backed securities          
Assets:          
Fair value, beginning balance 2 14 6 23  
Total realized/unrealized gains/(losses) 0 1 0 1  
Purchases 0 0 1 5  
Sales 0 (8) (5) (11)  
Settlements 0 0 (7) (1)  
Transfers into level 3 0 0 7 5  
Transfers (out of) level 3 0 (1) 0 (16)  
Fair value, ending balance 2 6 2 6  
Change in unrealized gains/(losses) related to financial instruments held 0 1 0 (1)  
Equity securities          
Assets:          
Fair value, beginning balance 122 631 127 665  
Total realized/unrealized gains/(losses) (4) 2 (23) (45)  
Purchases 16 26 130 134  
Sales (18) (100) (99) (207)  
Settlements (1) (442) (1) (442)  
Transfers into level 3 31 41 74 181  
Transfers (out of) level 3 (45) (7) (107) (135)  
Fair value, ending balance 101 151 101 151  
Change in unrealized gains/(losses) related to financial instruments held 0 7 (33) (28)  
Physical commodities          
Assets:          
Fair value, beginning balance 10 6 7 2  
Total realized/unrealized gains/(losses) 0 (2) 2 (2)  
Purchases 0 1 4 7  
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 5 10 5  
Change in unrealized gains/(losses) related to financial instruments held 0 (2) 2 5  
Other          
Assets:          
Fair value, beginning balance 144 113 101 64  
Total realized/unrealized gains/(losses) 20 (3) 64 (43)  
Purchases 4 9 46 105  
Sales 0 0 0 0  
Settlements (9) (15) (52) (19)  
Transfers into level 3 24 0 25 1  
Transfers (out of) level 3 0 (1) (1) (5)  
Fair value, ending balance 183 103 183 103  
Change in unrealized gains/(losses) related to financial instruments held 23 (2) 71 (25)  
Total available-for-sale securities          
Assets:          
Fair value, beginning balance 0 267 0 239  
Total realized/unrealized gains/(losses) 0 (4) 0 24  
Purchases 0 0 0 0  
Sales 0 (165) 0 (165)  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 (38) 0 (38)  
Fair value, ending balance 0 60 0 60  
Change in unrealized gains/(losses) related to financial instruments held 0 (3) 0 22  
Corporate debt securities          
Assets:          
Fair value, beginning balance 0 267 0 239  
Total realized/unrealized gains/(losses) 0 (4) 0 24  
Purchases 0 0 0 0  
Sales 0 (165) 0 (165)  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 (38) 0 (38)  
Fair value, ending balance 0 60 0 60  
Change in unrealized gains/(losses) related to financial instruments held 0 (3) 0 22  
Loans          
Assets:          
Fair value, beginning balance 2,993 3,808 3,079 1,418  
Total realized/unrealized gains/(losses) 157 110 266 133  
Purchases 95 24 304 2,309  
Sales (479) (34) (684) (107)  
Settlements (210) (442) (855) (1,027)  
Transfers into level 3 61 276 730 1,193  
Transfers (out of) level 3 (130) (59) (353) (236)  
Fair value, ending balance 2,487 3,683 2,487 3,683  
Change in unrealized gains/(losses) related to financial instruments held 114 25 207 29  
Mortgage servicing rights          
Assets:          
Fair value, beginning balance 8,847 8,229 8,522 7,973  
Total realized/unrealized gains/(losses) (181) 596 216 860  
Purchases 357 650 835 1,227  
Sales 2 (101) (25) (191)  
Settlements (272) (265) (795) (760)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 8,753 9,109 8,753 9,109  
Change in unrealized gains/(losses) related to financial instruments held (181) 596 216 860  
Other assets          
Assets:          
Fair value, beginning balance 1,202 417 758 405  
Total realized/unrealized gains/(losses) 34 (1) 100 20  
Purchases 24 498 444 515  
Sales (32) (11) (54) (13)  
Settlements (20) (14) (45) (44)  
Transfers into level 3 0 0 5 8  
Transfers (out of) level 3 (22) (1) (22) (3)  
Fair value, ending balance 1,186 888 1,186 888  
Change in unrealized gains/(losses) related to financial instruments held $ 34 $ (1) $ 94 $ 56