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Interest Income and Interest Expense (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income        
Loans $ 23,509 $ 22,311 $ 69,281 $ 60,325
Taxable securities 5,849 4,513 15,844 12,674
Non-taxable securities 298 360 923 951
Total investment securities 6,147 4,873 16,767 13,625
Trading assets - debt instruments 5,613 4,164 15,198 11,823
Federal funds sold and securities purchased under resale agreements 5,226 3,951 14,262 10,849
Securities borrowed 2,478 2,085 6,821 5,667
Deposits with banks 5,366 5,270 17,811 15,278
All other interest-earning assets 2,077 1,902 6,227 5,637
Total interest income 50,416 44,556 146,367 123,204
Interest expense        
Interest-bearing deposits 12,914 10,796 37,569 28,024
Federal funds purchased and securities loaned or sold under repurchase agreements 5,733 3,523 14,810 9,727
Short-term borrowings 542 512 1,579 1,361
Trading liabilities – debt and all other interest-bearing liabilities 2,632 2,463 7,872 6,807
Long-term debt 4,838 4,239 14,236 11,428
Beneficial interest issued by consolidated VIEs 352 297 1,068 641
Total interest expense 27,011 21,830 77,134 57,988
Net interest income 23,405 22,726 69,233 65,216
Provision for credit losses 3,111 1,384 8,047 6,558
Net interest income after provision for credit losses $ 20,294 $ 21,342 $ 61,186 $ 58,658