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Fair Value Measurement - Changes in Level 3 Recurring Measurements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net derivative receivables:      
Beginning balance $ (2,981) $ (1,852) $ 673
Total realized/unrealized gains/(losses) 4,331 528 1,023
Purchases 1,564 1,499 1,329
Sales (3,674) (3,455) (2,645)
Settlements (2,436) 292 (843)
Transfers into level 3 (70) (181) (269)
Transfers (out of) level 3 189 188 (1,120)
Ending balance (3,077) (2,981) (1,852)
Change in unrealized gains/(losses) related to financial instruments held $ 2,026 $ 611 $ (221)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Principal Transactions Revenue, Net Principal Transactions Revenue, Net Principal Transactions Revenue, Net
Level 3 Rollforward Supplemental Data [Abstract]      
Level 3 assets as a percentage of total firm assets at fair value 1.00% 2.00% 2.00%
Level 3 liabilities as a percentage of total firm liabilities at fair value 9.00% 9.00% 8.00%
Deposits      
Liabilities:      
Beginning balance $ 2,185 $ 1,833 $ 2,162
Total realized/unrealized (gains)/losses 161 (14) 95
Purchases 0 0 0
Sales 0 0 0
Issuances 1,951 2,006 940
Settlements (1,811) (1,522) (1,043)
Transfers into level 3 0 34 0
Transfers (out of) level 3 (130) (152) (321)
Ending balance 2,356 2,185 1,833
Change in unrealized (gains)/losses related to financials instruments held 128 (44) 73
Short-term borrowings      
Liabilities:      
Beginning balance 3,476 1,758 1,401
Total realized/unrealized (gains)/losses 536 180 201
Purchases 0 0 0
Sales 0 0 0
Issuances 10,307 7,752 4,522
Settlements (8,672) (6,230) (4,345)
Transfers into level 3 36 23 3
Transfers (out of) level 3 (125) (7) (24)
Ending balance 5,558 3,476 1,758
Change in unrealized (gains)/losses related to financials instruments held 392 58 14
Total debt and equity instruments      
Liabilities:      
Beginning balance 46 37 84
Total realized/unrealized (gains)/losses (14) (47) (21)
Purchases (86) (45) (32)
Sales 109 70 9
Issuances 0 0 0
Settlements 0 0 (2)
Transfers into level 3 326 48 19
Transfers (out of) level 3 (55) (17) (20)
Ending balance 326 46 37
Change in unrealized (gains)/losses related to financials instruments held 302 18 0
Accounts payable and other liabilities      
Liabilities:      
Beginning balance 76 52 53
Total realized/unrealized (gains)/losses (6) (6) (4)
Purchases (1) (35) (16)
Sales 1 63 24
Issuances 0 0 0
Settlements 0 0 0
Transfers into level 3 2 5 8
Transfers (out of) level 3 (34) (3) (13)
Ending balance 38 76 52
Change in unrealized (gains)/losses related to financials instruments held (6) (6) (4)
Long-term debt      
Liabilities:      
Beginning balance 34,564 27,726 24,092
Total realized/unrealized (gains)/losses 5,039 1,475 3,010
Purchases 0 0 0
Sales 0 0 0
Issuances 31,966 23,920 12,679
Settlements (22,573) (18,432) (11,555)
Transfers into level 3 593 738 229
Transfers (out of) level 3 (2,916) (863) (729)
Ending balance 46,673 34,564 27,726
Change in unrealized (gains)/losses related to financials instruments held 3,898 1,212 2,870
DVA for fair value option elected liabilities      
Level 3 Rollforward Supplemental Data [Abstract]      
Unrealized (gains)/losses on liabilities recorded in OCI 235 (50) (158)
Interest rate      
Net derivative receivables:      
Beginning balance 301 502 701
Total realized/unrealized gains/(losses) 1,329 745 556
Purchases 188 387 251
Sales (338) (197) (255)
Settlements 108 (608) 654
Transfers into level 3 (168) (172) (1,117)
Transfers (out of) level 3 (114) (356) (288)
Ending balance 1,306 301 502
Change in unrealized gains/(losses) related to financial instruments held 790 (362) 419
Credit      
Net derivative receivables:      
Beginning balance (363) 265 13
Total realized/unrealized gains/(losses) (637) (208) 304
Purchases 94 (2) (60)
Sales (10) (17) (25)
Settlements 10 (333) 47
Transfers into level 3 (273) (61) 15
Transfers (out of) level 3 44 (7) (29)
Ending balance (1,135) (363) 265
Change in unrealized gains/(losses) related to financial instruments held (569) (265) 230
Foreign exchange      
Net derivative receivables:      
Beginning balance 20 62 489
Total realized/unrealized gains/(losses) 644 248 31
Purchases 196 178 151
Sales (448) (538) (144)
Settlements (34) (30) (187)
Transfers into level 3 273 128 144
Transfers (out of) level 3 (346) (28) (422)
Ending balance 305 20 62
Change in unrealized gains/(losses) related to financial instruments held 221 353 (80)
Equity      
Net derivative receivables:      
Beginning balance (2,866) (2,402) (384)
Total realized/unrealized gains/(losses) 2,941 (321) 191
Purchases 1,016 904 928
Sales (2,630) (2,488) (1,931)
Settlements (2,690) 953 (1,306)
Transfers into level 3 83 (91) 700
Transfers (out of) level 3 609 579 (600)
Ending balance (3,537) (2,866) (2,402)
Change in unrealized gains/(losses) related to financial instruments held 1,476 783 (646)
Commodity      
Net derivative receivables:      
Beginning balance (73) (279) (146)
Total realized/unrealized gains/(losses) 54 64 (59)
Purchases 70 32 59
Sales (248) (215) (290)
Settlements 170 310 (51)
Transfers into level 3 15 15 (11)
Transfers (out of) level 3 (4) 0 219
Ending balance (16) (73) (279)
Change in unrealized gains/(losses) related to financial instruments held 108 102 (144)
Total mortgage-backed securities      
Assets:      
Fair value, beginning balance 503 775 771
Total realized/unrealized gains/(losses) 16 23 16
Purchases 34 46 249
Sales (181) (265) (139)
Settlements (56) (83) (109)
Transfers into level 3 0 11 9
Transfers (out of) level 3 (4) (4) (22)
Fair value, ending balance 312 503 775
Change in unrealized gains/(losses) related to financial instruments held 4 (4) 9
Mortgage-backed securities, U.S. GSEs and government agencies      
Assets:      
Fair value, beginning balance 488 758 759
Total realized/unrealized gains/(losses) 16 18 4
Purchases 34 46 249
Sales (175) (260) (133)
Settlements (56) (81) (107)
Transfers into level 3 0 7 0
Transfers (out of) level 3 0 0 (14)
Fair value, ending balance 307 488 758
Change in unrealized gains/(losses) related to financial instruments held 4 (3) 1
Mortgage-backed securities, Residential - nonagency      
Assets:      
Fair value, beginning balance 5 5 5
Total realized/unrealized gains/(losses) 6 7 6
Purchases 0 0 0
Sales (6) (5) (6)
Settlements 0 (2) (1)
Transfers into level 3 0 4 1
Transfers (out of) level 3 0 (4) 0
Fair value, ending balance 5 5 5
Change in unrealized gains/(losses) related to financial instruments held 0 0 1
Mortgage-backed securities, Commercial - nonagency      
Assets:      
Fair value, beginning balance 10 12 7
Total realized/unrealized gains/(losses) (6) (2) 6
Purchases 0 0 0
Sales 0 0 0
Settlements 0 0 (1)
Transfers into level 3 0 0 8
Transfers (out of) level 3 (4) 0 (8)
Fair value, ending balance 0 10 12
Change in unrealized gains/(losses) related to financial instruments held 0 (1) 7
Total debt and equity instruments      
Assets:      
Fair value, beginning balance 2,442 2,373 2,909
Total realized/unrealized gains/(losses) (13) 256 0
Purchases 2,666 1,683 2,135
Sales (1,871) (1,572) (1,315)
Settlements (310) (419) (984)
Transfers into level 3 1,181 1,001 728
Transfers (out of) level 3 (1,301) (880) (1,100)
Fair value, ending balance 2,794 2,442 2,373
Change in unrealized gains/(losses) related to financial instruments held 191 (124) (302)
Total debt instruments      
Assets:      
Fair value, beginning balance 2,144 2,138 2,178
Total realized/unrealized gains/(losses) 16 116 111
Purchases 2,091 1,489 1,823
Sales (1,642) (1,449) (1,076)
Settlements (212) (349) (593)
Transfers into level 3 957 888 535
Transfers (out of) level 3 (1,172) (689) (840)
Fair value, ending balance 2,182 2,144 2,138
Change in unrealized gains/(losses) related to financial instruments held (17) 60 148
Obligations of U.S. states and municipalities      
Assets:      
Fair value, beginning balance 1 10 7
Total realized/unrealized gains/(losses) 0 0 0
Purchases 0 0 1
Sales 0 0 0
Settlements 0 (3) (1)
Transfers into level 3 0 0 3
Transfers (out of) level 3 0 (6) 0
Fair value, ending balance 1 1 10
Change in unrealized gains/(losses) related to financial instruments held 0 0 0
Non-U.S. government debt securities      
Assets:      
Fair value, beginning balance 152 179 155
Total realized/unrealized gains/(losses) 30 (6) 74
Purchases 346 175 217
Sales (308) (183) (254)
Settlements 0 0 0
Transfers into level 3 59 17 22
Transfers (out of) level 3 (34) (30) (35)
Fair value, ending balance 245 152 179
Change in unrealized gains/(losses) related to financial instruments held 19 (10) 74
Corporate debt securities      
Assets:      
Fair value, beginning balance 390 484 463
Total realized/unrealized gains/(losses) 28 36 36
Purchases 270 459 322
Sales (212) (354) (172)
Settlements (10) (181) (41)
Transfers into level 3 22 13 114
Transfers (out of) level 3 (34) (67) (238)
Fair value, ending balance 454 390 484
Change in unrealized gains/(losses) related to financial instruments held 23 45 35
Loans      
Assets:      
Fair value, beginning balance 1,088 684 759
Total realized/unrealized gains/(losses) (58) 63 (15)
Purchases 1,413 800 1,027
Sales (930) (642) (499)
Settlements (146) (74) (441)
Transfers into level 3 876 839 382
Transfers (out of) level 3 (1,100) (582) (529)
Fair value, ending balance 1,143 1,088 684
Change in unrealized gains/(losses) related to financial instruments held (63) 29 30
Asset-backed securities      
Assets:      
Fair value, beginning balance 10 6 23
Total realized/unrealized gains/(losses) 0 0 0
Purchases 28 9 7
Sales (11) (5) (12)
Settlements 0 (8) (1)
Transfers into level 3 0 8 5
Transfers (out of) level 3 0 0 (16)
Fair value, ending balance 27 10 6
Change in unrealized gains/(losses) related to financial instruments held 0 0 0
Equity securities      
Assets:      
Fair value, beginning balance 62 127 665
Total realized/unrealized gains/(losses) (34) (21) (53)
Purchases 264 138 164
Sales (229) (123) (239)
Settlements 0 (1) (384)
Transfers into level 3 165 85 192
Transfers (out of) level 3 (90) (143) (218)
Fair value, ending balance 138 62 127
Change in unrealized gains/(losses) related to financial instruments held 0 (308) (422)
Physical commodities      
Assets:      
Fair value, beginning balance 26 7 2
Total realized/unrealized gains/(losses) 3 17 0
Purchases 0 3 7
Sales 0 0 0
Settlements 1 (1) (2)
Transfers into level 3 0 0 0
Transfers (out of) level 3 0 0 0
Fair value, ending balance 30 26 7
Change in unrealized gains/(losses) related to financial instruments held 16 16 0
Other      
Assets:      
Fair value, beginning balance 210 101 64
Total realized/unrealized gains/(losses) 2 144 (58)
Purchases 311 53 141
Sales 0 0 0
Settlements (99) (68) (5)
Transfers into level 3 59 28 1
Transfers (out of) level 3 (39) (48) (42)
Fair value, ending balance 444 210 101
Change in unrealized gains/(losses) related to financial instruments held 192 108 (28)
Total available-for-sale securities      
Assets:      
Fair value, beginning balance 8 0 239
Total realized/unrealized gains/(losses) (3) 0 24
Purchases 194 0 0
Sales (94) 0 (225)
Settlements 0 0 0
Transfers into level 3 6 8 0
Transfers (out of) level 3 0 0 (38)
Fair value, ending balance 111 8 0
Change in unrealized gains/(losses) related to financial instruments held (1) 0 0
Commercial – nonagency      
Assets:      
Fair value, beginning balance 8 0 0
Total realized/unrealized gains/(losses) (5) 0 0
Purchases 0 0 0
Sales 0 0 0
Settlements 0 0 0
Transfers into level 3 0 8 0
Transfers (out of) level 3 0 0 0
Fair value, ending balance 3 8 0
Change in unrealized gains/(losses) related to financial instruments held (5) 0 0
Corporate debt securities      
Assets:      
Fair value, beginning balance 0 0 239
Total realized/unrealized gains/(losses) 2 0 24
Purchases 194 0 0
Sales (94) 0 (225)
Settlements 0 0 0
Transfers into level 3 6 0 0
Transfers (out of) level 3 0 0 (38)
Fair value, ending balance 108 0 0
Change in unrealized gains/(losses) related to financial instruments held 4 0 0
Loans      
Assets:      
Fair value, beginning balance 2,416 3,079 1,418
Total realized/unrealized gains/(losses) 206 266 289
Purchases 1,091 431 2,398
Sales (226) (756) (120)
Settlements (968) (993) (1,147)
Transfers into level 3 1,266 816 1,306
Transfers (out of) level 3 (723) (427) (1,065)
Fair value, ending balance 3,062 2,416 3,079
Change in unrealized gains/(losses) related to financial instruments held 165 251 293
Mortgage servicing rights      
Assets:      
Fair value, beginning balance 9,121 8,522 7,973
Total realized/unrealized gains/(losses) 48 762 467
Purchases 1,057 926 1,281
Sales 9 (21) (188)
Settlements (1,068) (1,068) (1,011)
Transfers into level 3 0 0 0
Transfers (out of) level 3 0 0 0
Fair value, ending balance 9,167 9,121 8,522
Change in unrealized gains/(losses) related to financial instruments held 48 762 467
Other assets      
Assets:      
Fair value, beginning balance 1,344 758 405
Total realized/unrealized gains/(losses) (15) 105 (36)
Purchases 358 623 525
Sales (66) (62) (20)
Settlements (84) (58) (147)
Transfers into level 3 98 5 45
Transfers (out of) level 3 (588) (27) (14)
Fair value, ending balance 1,047 1,344 758
Change in unrealized gains/(losses) related to financial instruments held $ 61 $ 88 $ (82)