XML 120 R96.htm IDEA: XBRL DOCUMENT v3.21.2
ALLOWANCE FOR CREDIT LOSSES - Schedule of Allowance for Credit Losses for HTM Debt Securities (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter $ 78 $ 76 $ 86 $ 0
Gross credit losses 0 0 0 0
Gross recoveries 0 0 3 0
Net credit losses (NCLs) 0 0 3 0
Net reserve builds (releases) 4 31 (4) 37
Net specific reserve builds (releases) 0 0 0 0
Total provision for credit losses on HTM debt securities 4 31 (7) 37
Other, net 1 0 1 0
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0 0 0 0
Allowance for credit losses on HTM debt securities at end of quarter 83 107 83 107
Mortgage-backed securities        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter 4   3  
Gross credit losses 0   0  
Gross recoveries 0   3  
Net credit losses (NCLs) 0   3  
Net reserve builds (releases) 1   2  
Net specific reserve builds (releases) 0   0  
Total provision for credit losses on HTM debt securities 1   (1)  
Other, net 0   0  
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0   0  
Allowance for credit losses on HTM debt securities at end of quarter 5   5  
State and municipal        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter 69 66 74 0
Gross credit losses 0 0 0 0
Gross recoveries 0 0 0 0
Net credit losses (NCLs) 0 0 0 0
Net reserve builds (releases) 3 30 (2) 35
Net specific reserve builds (releases) 0 0 0 0
Total provision for credit losses on HTM debt securities 3 30 (2) 35
Other, net 0 3 0 3
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0 0 0 0
Allowance for credit losses on HTM debt securities at end of quarter 72 99 72 99
Foreign government        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter 5 4 6 0
Gross credit losses 0 0 0 0
Gross recoveries 0 0 0 0
Net credit losses (NCLs) 0 0 0 0
Net reserve builds (releases) 0 2 (1) 2
Net specific reserve builds (releases) 0 0 0 0
Total provision for credit losses on HTM debt securities 0 2 (1) 2
Other, net 0 0 0 0
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0 0 0 0
Allowance for credit losses on HTM debt securities at end of quarter 5 6 5 6
Asset-based financing        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter 0 6 3 0
Gross credit losses 0 0 0 0
Gross recoveries 0 0 0 0
Net credit losses (NCLs) 0 0 0 0
Net reserve builds (releases) 0 (1) (3) 0
Net specific reserve builds (releases) 0 0 0 0
Total provision for credit losses on HTM debt securities 0 (1) (3) 0
Other, net 1 (3) 1 (3)
Initial allowance for credit losses on newly purchased credit-deteriorated securities during the period 0 0 0 0
Allowance for credit losses on HTM debt securities at end of quarter $ 1 2 $ 1 2
Cumulative Effect, Period of Adoption, Adjustment        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter   0   70
Cumulative Effect, Period of Adoption, Adjustment | State and municipal        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter   0   61
Cumulative Effect, Period of Adoption, Adjustment | Foreign government        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter   0   4
Cumulative Effect, Period of Adoption, Adjustment | Asset-based financing        
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Roll Forward]        
Allowance for credit losses on HTM debt securities at beginning of quarter   $ 0   $ 5