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DERIVATIVES ACTIVITIES - Credit Derivatives (Details)
$ in Millions
12 Months Ended
Dec. 31, 2019
USD ($)
counterparty
agency
Dec. 31, 2018
USD ($)
Credit Derivative    
Percentage of receivables from counterparties with collateral agreements 98.00% 98.00%
Number of top counterparties which are banks, financial institutions, and other dealers | counterparty 15  
Fair value, Receivable $ 10,409 $ 10,765
Fair Value, Payable 10,738 10,351
Notionals, Protection purchased 703,926 795,649
Notionals, Protection sold 603,387 724,939
Fair value of derivative in liability position 30,000 33,000
Fair value of collateral already posted $ 28,000 33,000
Number of rating agencies | agency 3  
Additional collateral to be posted $ 600  
Collateral to be segregated 200  
Aggregate cash obligations and collateral requirements 800  
Purchased    
Credit Derivative    
Fair value, Receivable 3,415 5,126
Fair Value, Payable 7,793 5,882
Sold    
Credit Derivative    
Fair value, Receivable 6,994 5,639
Fair Value, Payable 2,945 4,469
Within 1 year    
Credit Derivative    
Fair value, Receivable 1,806 2,037
Fair Value, Payable 2,181 2,063
Notionals, Protection purchased 231,135 251,994
Notionals, Protection sold 176,188 225,597
From 1 to 5 years    
Credit Derivative    
Fair value, Receivable 7,275 6,720
Fair Value, Payable 7,265 6,414
Notionals, Protection purchased 414,237 493,096
Notionals, Protection sold 379,915 456,409
After 5 years    
Credit Derivative    
Fair value, Receivable 1,328 2,008
Fair Value, Payable 1,292 1,874
Notionals, Protection purchased 58,554 50,559
Notionals, Protection sold 47,284 42,933
Investment Grade    
Credit Derivative    
Fair value, Receivable 4,579 4,725
Fair Value, Payable 4,578 4,544
Notionals, Protection purchased 560,806 637,790
Notionals, Protection sold 470,778 568,849
Non-Investment Grade    
Credit Derivative    
Fair value, Receivable 5,830 6,040
Fair Value, Payable 6,160 5,807
Notionals, Protection purchased 143,120 157,859
Notionals, Protection sold 132,609 156,090
Credit default swaps and options    
Credit Derivative    
Fair value, Receivable 9,759 10,030
Fair Value, Payable 9,791 9,755
Notionals, Protection purchased 685,643 771,865
Notionals, Protection sold 593,850 712,623
Total return swaps and other    
Credit Derivative    
Fair value, Receivable 650 735
Fair Value, Payable 947 596
Notionals, Protection purchased 18,283 23,784
Notionals, Protection sold 9,537 12,316
Banks    
Credit Derivative    
Fair value, Receivable 4,017 4,785
Fair Value, Payable 4,102 4,432
Notionals, Protection purchased 172,461 214,842
Notionals, Protection sold 169,546 218,273
Broker-dealers    
Credit Derivative    
Fair value, Receivable 1,724 1,706
Fair Value, Payable 1,528 1,612
Notionals, Protection purchased 54,843 62,904
Notionals, Protection sold 53,846 63,014
Non-financial    
Credit Derivative    
Fair value, Receivable 92 64
Fair Value, Payable 76 87
Notionals, Protection purchased 2,601 2,687
Notionals, Protection sold 1,968 1,192
Insurance and other financial institutions    
Credit Derivative    
Fair value, Receivable 4,576 4,210
Fair Value, Payable 5,032 4,220
Notionals, Protection purchased 474,021 515,216
Notionals, Protection sold 378,027 442,460
Interest rate swaps    
Credit Derivative    
Amount derecognized 3,700 4,600
Cash proceeds received for assets derecognized 5,800 4,600
Fair value of derecognized assets 5,900 4,500
Fair value gross derivative assets 117 55
Trading derivatives, liability $ 43 $ 40