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DERIVATIVES - Credit Derivatives (Details)
$ in Millions
9 Months Ended
Sep. 30, 2020
USD ($)
agency
Dec. 31, 2019
USD ($)
Credit Risk Derivatives    
Fair values, receivable $ 10,884 $ 10,409
Fair values, payable 11,494 10,738
Notionals, protection purchased 699,908 703,926
Notionals, protection sold 621,099 603,387
Fair value of derivative in liability position 28,000 30,000
Fair value of collateral already posted $ 24,000 28,000
Number of rating agencies | agency 3  
Additional collateral to be posted $ 800  
Collateral to be segregated 200  
Aggregate cash obligations and collateral requirements 1,000  
Purchased    
Credit Risk Derivatives    
Fair values, receivable 6,158 3,415
Fair values, payable 5,655 7,793
Sold    
Credit Risk Derivatives    
Fair values, receivable 4,726 6,994
Fair values, payable 5,839 2,945
Within 1 year    
Credit Risk Derivatives    
Fair values, receivable 901 1,806
Fair values, payable 1,785 2,181
Notionals, protection purchased 171,025 231,135
Notionals, protection sold 147,613 176,188
From 1 to 5 years    
Credit Risk Derivatives    
Fair values, receivable 6,145 7,275
Fair values, payable 6,134 7,265
Notionals, protection purchased 435,061 414,237
Notionals, protection sold 397,139 379,915
After 5 years    
Credit Risk Derivatives    
Fair values, receivable 3,838 1,328
Fair values, payable 3,575 1,292
Notionals, protection purchased 93,822 58,554
Notionals, protection sold 76,347 47,284
Investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,116 4,579
Fair values, payable 3,960 4,578
Notionals, protection purchased 551,117 560,806
Notionals, protection sold 479,872 470,778
Non-investment grade    
Credit Risk Derivatives    
Fair values, receivable 6,768 5,830
Fair values, payable 7,534 6,160
Notionals, protection purchased 148,791 143,120
Notionals, protection sold 141,227 132,609
Credit default swaps and options    
Credit Risk Derivatives    
Fair values, receivable 10,388 9,759
Fair values, payable 10,272 9,791
Notionals, protection purchased 687,113 685,643
Notionals, protection sold 616,677 593,850
Total return swaps and other    
Credit Risk Derivatives    
Fair values, receivable 496 650
Fair values, payable 1,222 947
Notionals, protection purchased 12,795 18,283
Notionals, protection sold 4,422 9,537
Banks    
Credit Risk Derivatives    
Fair values, receivable 3,447 4,017
Fair values, payable 3,624 4,102
Notionals, protection purchased 144,438 172,461
Notionals, protection sold 150,070 169,546
Broker-dealers    
Credit Risk Derivatives    
Fair values, receivable 2,186 1,724
Fair values, payable 1,457 1,528
Notionals, protection purchased 52,326 54,843
Notionals, protection sold 48,749 53,846
Non-financial    
Credit Risk Derivatives    
Fair values, receivable 117 92
Fair values, payable 102 76
Notionals, protection purchased 4,615 2,601
Notionals, protection sold 2,423 1,968
Insurance and other financial institutions    
Credit Risk Derivatives    
Fair values, receivable 5,134 4,576
Fair values, payable 6,311 5,032
Notionals, protection purchased 498,529 474,021
Notionals, protection sold 419,857 378,027
Interest rate swaps    
Credit Risk Derivatives    
Cash proceeds received for assets derecognized 1,500 5,800
Fair value of derecognized assets 1,600 5,900
Fair value gross derivative assets 41 117
Trading derivatives, liability $ 23 $ 43