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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, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Net derivative receivables:          
Fair value, beginning balance $ (2,072) $ (1,814) $ (2,981) $ (1,852)  
Total realized/unrealized gains/(losses) 191 1,193 4,074 462  
Purchases 348 265 1,305 1,120  
Sales (774) (999) (2,892) (2,543)  
Settlements (617) 280 (2,076) 1,186  
Transfers into level 3 160 (356) (138) (248)  
Transfers (out of) level 3 173 19 117 463  
Fair value, ending balance (2,591) (1,412) (2,591) (1,412)  
Change in unrealized gains/(losses) related to financial instruments held $ (1) 848 $ 2,309 851  
Level 3 Rollforward Supplemental Data          
Level 3 assets as a percentage of total firm assets at fair value 1.00%   1.00%   2.00%
Level 3 liabilities as a percentage of total firm liabilities at fair value 7.00%   7.00%   9.00%
Deposits          
Liabilities:          
Fair value, beginning balance $ 2,099 1,923 $ 2,185 1,833  
Total realized/unrealized (gains)/losses 10 105 172 90  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 734 512 1,357 1,304  
Settlements (263) (299) (1,099) (909)  
Transfers into level 3 0 0 0 34  
Transfers (out of) level 3 (52) (22) (87) (133)  
Fair value, ending balance 2,528 2,219 2,528 2,219  
Change in unrealized (gains)/losses related to financials instruments held 10 104 160 78  
Short-term borrowings          
Liabilities:          
Fair value, beginning balance 4,136 2,726 3,476 1,758  
Total realized/unrealized (gains)/losses 164 74 368 143  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 2,655 2,283 6,674 5,742  
Settlements (2,364) (1,435) (5,898) (3,992)  
Transfers into level 3 16 1 35 2  
Transfers (out of) level 3 (53) (2) (101) (6)  
Fair value, ending balance 4,554 3,647 4,554 3,647  
Change in unrealized (gains)/losses related to financials instruments held 120 56 166 78  
Trading liabilities – debt and equity instruments          
Liabilities:          
Fair value, beginning balance 72 68 46 37  
Total realized/unrealized (gains)/losses (2) (1) (16) (41)  
Purchases (15) (20) (22) (26)  
Sales 60 5 106 62  
Issuances 0 0 0 0  
Settlements 0 0 (1) 0  
Transfers into level 3 12 25 38 46  
Transfers (out of) level 3 (29) (5) (53) (6)  
Fair value, ending balance 98 72 98 72  
Change in unrealized (gains)/losses related to financials instruments held 1 (1) 9 (3)  
Accounts payable and other liabilities          
Liabilities:          
Fair value, beginning balance 40 70 76 52  
Total realized/unrealized (gains)/losses (7) 5 (10) (7)  
Purchases 0 (30) 0 (36)  
Sales 0 0 1 31  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Transfers into level 3 0 0 0 5  
Transfers (out of) level 3 0 (3) (34) (3)  
Fair value, ending balance 33 42 33 42  
Change in unrealized (gains)/losses related to financials instruments held (7) 5 (10) (7)  
Long-term debt          
Liabilities:          
Fair value, beginning balance 41,664 31,286 34,564 27,726  
Total realized/unrealized (gains)/losses 1,918 1,632 4,151 2,147  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 7,566 6,073 22,307 17,049  
Settlements (7,327) (5,258) (16,264) (13,230)  
Transfers into level 3 198 23 383 466  
Transfers (out of) level 3 (265) (283) (1,387) (685)  
Fair value, ending balance 43,754 33,473 43,754 33,473  
Change in unrealized (gains)/losses related to financials instruments held 1,797 1,783 3,452 1,895  
DVA for fair value option elected liabilities          
Level 3 Rollforward Supplemental Data          
Unrealized (gains)/losses on liabilities recorded in OCI 198 54 189 (37)  
Interest rate          
Net derivative receivables:          
Fair value, beginning balance 1,431 1,301 301 502  
Total realized/unrealized gains/(losses) 210 1,528 1,200 1,246  
Purchases 47 90 170 282  
Sales (52) (38) (253) (122)  
Settlements (52) 98 152 981  
Transfers into level 3 (33) (106) (88) 81  
Transfers (out of) level 3 (46) (44) 23 (141)  
Fair value, ending balance 1,505 2,829 1,505 2,829  
Change in unrealized gains/(losses) related to financial instruments held 259 1,373 1,120 892  
Credit          
Net derivative receivables:          
Fair value, beginning balance (808) 180 (363) 265  
Total realized/unrealized gains/(losses) (402) (209) (660) (143)  
Purchases 10 0 87 0  
Sales (3) 0 (10) (16)  
Settlements 2 (114) (126) (253)  
Transfers into level 3 (22) 25 (160) (13)  
Transfers (out of) level 3 (9) 19 0 61  
Fair value, ending balance (1,232) (99) (1,232) (99)  
Change in unrealized gains/(losses) related to financial instruments held (485) (198) (684) (68)  
Foreign exchange          
Net derivative receivables:          
Fair value, beginning balance 340 168 20 62  
Total realized/unrealized gains/(losses) 120 (31) 685 100  
Purchases 67 59 158 136  
Sales (126) (105) (366) (230)  
Settlements (98) 71 (60) (16)  
Transfers into level 3 93 3 187 (26)  
Transfers (out of) level 3 (66) (125) (294) 14  
Fair value, ending balance 330 40 330 40  
Change in unrealized gains/(losses) related to financial instruments held 87 (5) 329 105  
Equity          
Net derivative receivables:          
Fair value, beginning balance (3,204) (2,991) (2,866) (2,402)  
Total realized/unrealized gains/(losses) 315 (21) 2,641 (545)  
Purchases 215 112 838 680  
Sales (551) (821) (2,085) (2,020)  
Settlements (495) 24 (2,160) 246  
Transfers into level 3 115 (285) (84) (296)  
Transfers (out of) level 3 291 172 402 527  
Fair value, ending balance (3,314) (3,810) (3,314) (3,810)  
Change in unrealized gains/(losses) related to financial instruments held 167 (215) 1,307 104  
Commodity          
Net derivative receivables:          
Fair value, beginning balance 169 (472) (73) (279)  
Total realized/unrealized gains/(losses) (52) (74) 208 (196)  
Purchases 9 4 52 22  
Sales (42) (35) (178) (155)  
Settlements 26 201 118 228  
Transfers into level 3 7 7 7 6  
Transfers (out of) level 3 3 (3) (14) 2  
Fair value, ending balance 120 (372) 120 (372)  
Change in unrealized gains/(losses) related to financial instruments held (29) (107) 237 (182)  
Total mortgage-backed securities          
Assets:          
Fair value, beginning balance 377 724 503 775  
Total realized/unrealized gains/(losses) 0 4 16 2  
Purchases 0 0 31 46  
Sales (29) 0 (172) (61)  
Settlements (13) (21) (43) (62)  
Transfers into level 3 0 0 0 11  
Transfers (out of) level 3 0 0 0 (4)  
Fair value, ending balance 335 707 335 707  
Change in unrealized gains/(losses) related to financial instruments held 1 3 0 1  
Mortgage-backed securities, U.S. GSEs and government agencies          
Assets:          
Fair value, beginning balance 365 708 488 758  
Total realized/unrealized gains/(losses) 1 3 14 3  
Purchases 0 0 31 45  
Sales (29) 0 (166) (61)  
Settlements (13) (20) (43) (61)  
Transfers into level 3 0 0 0 7  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 324 691 324 691  
Change in unrealized gains/(losses) related to financial instruments held 2 3 3 3  
Mortgage-backed securities, Residential - nonagency          
Assets:          
Fair value, beginning balance 5 5 5 5  
Total realized/unrealized gains/(losses) 0 1 6 1  
Purchases 0 0 0 0  
Sales 0 0 (6) 0  
Settlements 0 (1) 0 (1)  
Transfers into level 3 0 0 0 4  
Transfers (out of) level 3 0 0 0 (4)  
Fair value, ending balance 5 5 5 5  
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 (1)  
Mortgage-backed securities, Commercial - nonagency          
Assets:          
Fair value, beginning balance 7 11 10 12  
Total realized/unrealized gains/(losses) (1) 0 (4) (2)  
Purchases 0 0 0 1  
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 6 11 6 11  
Change in unrealized gains/(losses) related to financial instruments held (1) 0 (3) (1)  
Trading liabilities – debt and equity instruments          
Assets:          
Fair value, beginning balance 2,285 2,301 2,442 2,373  
Total realized/unrealized gains/(losses) (4) 49 25 91  
Purchases 838 284 2,134 1,204  
Sales (516) (253) (1,576) (969)  
Settlements (51) (53) (276) (375)  
Transfers into level 3 292 388 859 789  
Transfers (out of) level 3 (155) (279) (919) (676)  
Fair value, ending balance 2,689 2,437 2,689 2,437  
Change in unrealized gains/(losses) related to financial instruments held 112 56 274 80  
Total debt instruments          
Assets:          
Fair value, beginning balance 1,848 2,025 2,144 2,138  
Total realized/unrealized gains/(losses) (21) 33 51 48  
Purchases 538 264 1,598 1,024  
Sales (435) (235) (1,353) (870)  
Settlements (37) (43) (194) (319)  
Transfers into level 3 267 333 632 690  
Transfers (out of) level 3 (98) (234) (816) (568)  
Fair value, ending balance 2,062 2,143 2,062 2,143  
Change in unrealized gains/(losses) related to financial instruments held (20) 33 1 40  
Obligations of U.S. states and municipalities          
Assets:          
Fair value, beginning balance 1 7 1 10  
Total realized/unrealized gains/(losses) 0 0 0 0  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Settlements 0 0 0 (2)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 (1)  
Fair value, ending balance 1 7 1 7  
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 205 193 152 179  
Total realized/unrealized gains/(losses) (6) (4) 30 (2)  
Purchases 124 53 295 145  
Sales (102) (65) (285) (137)  
Settlements 0 0 (1) 0  
Transfers into level 3 0 7 54 14  
Transfers (out of) level 3 (2) (11) (26) (26)  
Fair value, ending balance 219 173 219 173  
Change in unrealized gains/(losses) related to financial instruments held (5) (2) 26 4  
Corporate debt securities          
Assets:          
Fair value, beginning balance 385 408 390 484  
Total realized/unrealized gains/(losses) 11 21 20 28  
Purchases 68 86 196 386  
Sales (19) (62) (156) (229)  
Settlements 0 0 (10) (181)  
Transfers into level 3 9 5 22 13  
Transfers (out of) level 3 0 (23) (8) (66)  
Fair value, ending balance 454 435 454 435  
Change in unrealized gains/(losses) related to financial instruments held 11 20 20 27  
Loans          
Assets:          
Fair value, beginning balance 868 691 1,088 684  
Total realized/unrealized gains/(losses) (26) 12 (15) 20  
Purchases 346 125 1,074 446  
Sales (275) (108) (730) (438)  
Settlements (24) (22) (140) (67)  
Transfers into level 3 258 321 556 645  
Transfers (out of) level 3 (96) (200) (782) (471)  
Fair value, ending balance 1,051 819 1,051 819  
Change in unrealized gains/(losses) related to financial instruments held (27) 12 (45) 8  
Asset-backed securities          
Assets:          
Fair value, beginning balance 12 2 10 6  
Total realized/unrealized gains/(losses) 0 0 0 0  
Purchases 0 0 2 1  
Sales (10) 0 (10) (5)  
Settlements 0 0 0 (7)  
Transfers into level 3 0 0 0 7  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 2 2 2 2  
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 0  
Equity securities          
Assets:          
Fair value, beginning balance 196 122 62 127  
Total realized/unrealized gains/(losses) (8) (4) (39) (23)  
Purchases 19 16 231 130  
Sales (81) (18) (223) (99)  
Settlements 0 (1) 0 (1)  
Transfers into level 3 23 31 147 74  
Transfers (out of) level 3 (50) (45) (79) (107)  
Fair value, ending balance 99 101 99 101  
Change in unrealized gains/(losses) related to financial instruments held 11 0 8 (33)  
Physical commodities          
Assets:          
Fair value, beginning balance 24 10 26 7  
Total realized/unrealized gains/(losses) (3) 0 (3) 2  
Purchases 0 0 0 4  
Sales 0 0 0 0  
Settlements (4) 0 (6) (3)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 17 10 17 10  
Change in unrealized gains/(losses) related to financial instruments held (3) 0 3 2  
Other          
Assets:          
Fair value, beginning balance 217 144 210 101  
Total realized/unrealized gains/(losses) 28 20 16 64  
Purchases 281 4 305 46  
Sales 0 0 0 0  
Settlements (10) (9) (76) (52)  
Transfers into level 3 2 24 80 25  
Transfers (out of) level 3 (7) 0 (24) (1)  
Fair value, ending balance 511 183 511 183  
Change in unrealized gains/(losses) related to financial instruments held 124 23 262 71  
Total available-for-sale securities          
Assets:          
Fair value, beginning balance 99 0 8 0  
Total realized/unrealized gains/(losses) 2 0 1 0  
Purchases 0 0 92 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 101 0 101 0  
Change in unrealized gains/(losses) related to financial instruments held 2 0 1 0  
Commercial – nonagency          
Assets:          
Fair value, beginning balance 7 0 8 0  
Total realized/unrealized gains/(losses) 0 0 (1) 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 7 0 7 0  
Change in unrealized gains/(losses) related to financial instruments held 0 0 (1) 0  
Corporate debt securities          
Assets:          
Fair value, beginning balance 92 0 0 0  
Total realized/unrealized gains/(losses) 2 0 2 0  
Purchases 0 0 92 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 94 0 94 0  
Change in unrealized gains/(losses) related to financial instruments held 2 0 2 0  
Loans          
Assets:          
Fair value, beginning balance 2,252 2,993 2,416 3,079  
Total realized/unrealized gains/(losses) 24 157 198 266  
Purchases 201 95 331 304  
Sales (5) (479) (133) (684)  
Settlements (140) (210) (755) (855)  
Transfers into level 3 303 61 908 730  
Transfers (out of) level 3 (141) (130) (471) (353)  
Fair value, ending balance 2,494 2,487 2,494 2,487  
Change in unrealized gains/(losses) related to financial instruments held 7 114 13 207  
Mortgage servicing rights          
Assets:          
Fair value, beginning balance 8,996 8,847 9,121 8,522  
Total realized/unrealized gains/(losses) 31 (181) (43) 216  
Purchases 348 357 823 835  
Sales 1 2 8 (25)  
Settlements (266) (272) (799) (795)  
Transfers into level 3 0 0 0 0  
Transfers (out of) level 3 0 0 0 0  
Fair value, ending balance 9,110 8,753 9,110 8,753  
Change in unrealized gains/(losses) related to financial instruments held 31 (181) (43) 216  
Other assets          
Assets:          
Fair value, beginning balance 1,403 1,202 1,344 758  
Total realized/unrealized gains/(losses) 8 34 19 100  
Purchases 280 24 349 444  
Sales (14) (32) (66) (54)  
Settlements (46) (20) (70) (45)  
Transfers into level 3 4 0 95 5  
Transfers (out of) level 3 (255) (22) (291) (22)  
Fair value, ending balance 1,380 1,186 1,380 1,186  
Change in unrealized gains/(losses) related to financial instruments held $ 45 $ 34 $ 38 $ 94