XML 99 R75.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Value (Reconciliation of Recurring Fair Value Measurements) (Details) - Fair Value, Recurring - Level 3 - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance $ 7,466 $ 6,987 $ 7,448 $ 7,252
Included in Earnings (80) 348 235 656
Included in other comprehensive income 24 (22) 13 (22)
Purchases 114 577 334 970
Sales (105) (186) (202) (627)
Issuances 18 13 41 55
Settlements (208) (233) (629) (658)
Transfers into Level 3 1 99 4 120
Transfers out of Level 3 (5) (10) (19) (173)
Ending Balance 7,225 7,573 7,225 7,573
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet (90) 337 210 613
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 386 384 398 421
Included in Earnings 138 56 242 229
Sales 2 2 4 5
Issuances 3 332 38 445
Settlements (64) (409) (217) (735)
Ending Balance 465 365 465 365
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 132 51 263 214
Fair Value Additional Information [Abstract]        
Net gains (losses) included in earnings (realized and unrealized) relating to Level 3 assets and liabilities (218) 292 (7) 427
Net unrealized gains (losses) relating to Level 3 assets and liabilities (222) 286 (53) 399
Other borrowed funds        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 9 5 9 4
Issuances 2 3 9 9
Settlements (3) (1) (10) (6)
Ending Balance 8 7 8 7
Financial derivatives        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 183 140 152 123
Included in Earnings 128 50 246 168
Sales 2 2 4 5
Settlements (32) (84) (121) (188)
Ending Balance 281 108 281 108
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 129 51 252 173
Other liabilities        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 194 239 237 294
Included in Earnings 10 6 (4) 61
Issuances 1 329 29 436
Settlements (29) (324) (86) (541)
Ending Balance 176 250 176 250
Unrealized gains/losses for the period on liabilities held on Consolidated Balance Sheet 3 11 41
Loans held for sale | Residential mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 95 191 103 243
Included in Earnings 1 (3) (3)
Purchases 2 3 16 12
Sales (26) (89) (37) (131)
Settlements (2) (2) (6) (9)
Transfers into Level 3 1 1 4 4
Transfers out of Level 3 (1) (4) (10) (19)
Ending Balance 70 97 70 97
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 2 (4) (3)
Loans held for sale | Commercial mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 4 25 11 33
Included in Earnings 1   1
Settlements (1)   (8) (8)
Ending Balance 4 25 4 25
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet      
Securities available for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 877 942 956 1,001
Included in Earnings 4 4 8 13
Included in other comprehensive income 24 (22) 13 (22)
Purchases 1 3 4 6
Sales      
Settlements (25) (52) (100) (126)
Transfers into Level 3   92   95
Ending Balance 881 967 881 967
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet     (2)  
Residential mortgage- backed non-agency        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 624 768 696 819
Included in Earnings 4 5 10 13
Included in other comprehensive income 21 (20) 10 (16)
Settlements (21) (40) (88) (103)
Ending Balance 628 713 628 713
Commercial mortgage- backed non-agency        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 103 3 103 3
Included in other comprehensive income      
Transfers into Level 3   92   92
Ending Balance 103 95 103 95
Asset-backed        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 96 117 102 124
Included in Earnings 1 1 1
Included in other comprehensive income 3 (3) 2 (3)
Settlements (4) (11) (9) (19)
Ending Balance 96 103 96 103
Other        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 54 54 55 55
Included in Earnings (1) (1) (3) (1)
Included in other comprehensive income   1 1 (3)
Purchases 1 3 4 6
Settlements (1) (3) (4)
Transfers into Level 3       3
Ending Balance 54 56 54 56
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet     (2)  
Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 701 745 726 769
Included in Earnings 4 5 12 11
Included in other comprehensive income      
Purchases 4 19 16 39
Sales (2) (1)
Settlements (21) (27) (59) (77)
Transfers into Level 3   2   17
Transfers out of Level 3 (4) (6) (9) (20)
Ending Balance 684 738 684 738
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 5 5 12 11
Equity investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2,030 1,623 1,952 1,778
Included in Earnings 27 (9) 53 136
Purchases 85 212 221 444
Sales (79) (97) (163) (495)
Transfers out of Level 3       (134)
Ending Balance 2,063 1,729 2,063 1,729
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 16 (16) 35 103
Mortgage Servicing Rights | Residential mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2,657 2,349 2,654 2,310
Included in Earnings (71) 215 17 248
Purchases 1 329 30 438
Issuances 6 7 18 17
Settlements (65) (63) (191) (176)
Ending Balance 2,528 2,837 2,528 2,837
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet (71) 215 17 248
Mortgage Servicing Rights | Commercial mortgage loans held for sale        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1,082 1,106 1,032 1,113
Included in Earnings (54) 130 118 238
Purchases 19 10 43 27
Issuances 12 6 23 38
Settlements (84) (83) (241) (247)
Ending Balance 975 1,169 975 1,169
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet (54) 130 118 238
Financial derivatives        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 12 6 6 5
Included in Earnings 8 6 26 13
Purchases 2   4 3
Settlements (10) (6) (24) (15)
Ending Balance 12 6 12 6
Unrealized gains/losses for the period on assets held on Consolidated Balance Sheet 12 7 30 16
Other assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 8   8  
Purchases 1 1
Transfers into Level 3   4   4
Ending Balance $ 8 $ 5 $ 8 $ 5