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Performance by Geographical Area
 12 Months Ended
Dec. 31, 2024
Segments, Geographical Areas [Abstract]  
Performance by Geographical Area Performance by Geographical Area
The Corporation’s operations are highly integrated with operations in both U.S. and non-U.S. markets. The non-U.S. business activities are largely conducted in Europe, the Middle East and Africa and in Asia. The Corporation identifies its geographic performance based on the business unit structure used to manage the capital or expense deployed in the region
as applicable. This requires certain judgments related to the allocation of revenue so that revenue can be appropriately matched with the related capital or expense deployed in the region. Certain asset, liability, income and expense amounts have been allocated to arrive at total assets, total revenue, net of interest expense, income before income taxes and net income by geographic area as presented below.
(Dollars in millions) 
Total Assets at Year End (1)
Total Revenue, Net of Interest Expense (2)
Income Before Income TaxesNet Income
U.S. (3)
2024$2,817,345 $88,465 $25,724 $24,594 
 20232,768,003 85,571 24,525 23,656 
 202282,890 28,135 25,607 
Asia2024153,489 5,184 1,616 1,176 
 2023139,967 4,952 1,512 1,139 
 20224,597 1,144 865 
Europe, Middle East and Africa2024257,695 6,499 1,069 796 
 2023238,052 6,393 1,540 1,098 
 20226,044 1,121 689 
Latin America and the Caribbean202432,990 1,739 845 566 
 202334,129 1,665 765 622 
 20221,419 569 367 
Total Non-U.S. 2024444,174 13,422 3,530 2,538 
 2023412,148 13,010 3,817 2,859 
 202212,060 2,834 1,921 
Total Consolidated2024$3,261,519 $101,887 $29,254 $27,132 
 20233,180,151 98,581 28,342 26,515 
 202294,950 30,969 27,528 
(1)Total assets include long-lived assets, which are primarily located in the U.S.
(2)There were no material intercompany revenues between geographic regions for any of the periods presented.
(3)Substantially reflects the U.S.