XML 80 R60.htm IDEA: XBRL DOCUMENT v3.22.2
OPERATING SEGMENTS (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
country
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
segment
country
wealthManagementCenter
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting [Abstract]          
Number of business segments | segment     3    
Number of countries containing operations | country 20   20    
Number of wealth management centers | wealthManagementCenter     4    
Segment Reporting Information [Line Items]          
Net interest income $ 11,964 $ 10,478 $ 22,835 $ 20,984  
Non-interest revenue 7,674 7,275 15,989 16,436  
Total revenues, net of interest expense 19,638 17,753 38,824 37,420  
Operating expense 12,393 11,471 25,558 22,884  
Provisions for credit losses [1] 1,274 (1,066) 2,029 (3,121)  
Income (loss) from continuing operations before taxes 5,971 7,348 11,237 17,657  
Provision (benefits) for income taxes 1,182 1,155 2,123 3,487  
Income (loss) from continuing operations 4,789 6,193 9,114 14,170  
Identifiable assets (June 30, 2022 and December 31, 2021) 2,380,904 2,291,000 2,380,904 2,291,000 $ 2,291,413
Average loans 657,000 670,000 653,000 668,000  
Average deposits 1,323,000 1,321,000 1,329,000 1,313,000  
Operating Segments | ICG          
Segment Reporting Information [Line Items]          
Net interest income 4,520 3,760 8,304 7,493  
Non-interest revenue 6,899 5,789 14,275 13,444  
Total revenues, net of interest expense 11,419 9,549 22,579 20,937  
Operating expense 6,434 5,829 13,157 11,761  
Provisions for credit losses (202) (694) 769 (2,233)  
Income (loss) from continuing operations before taxes 5,187 4,414 8,653 11,409  
Provision (benefits) for income taxes 1,209 981 2,017 2,546  
Income (loss) from continuing operations 3,978 3,433 6,636 8,863  
Identifiable assets (June 30, 2022 and December 31, 2021) 1,700,000 1,613,000 1,700,000 1,613,000  
Average loans 297,000 287,000 293,000 284,000  
Average deposits 830,000 818,000 828,000 814,000  
Operating Segments | PBWM          
Segment Reporting Information [Line Items]          
Net interest income 5,569 4,985 10,954 10,150  
Non-interest revenue 460 713 980 1,540  
Total revenues, net of interest expense 6,029 5,698 11,934 11,690  
Operating expense 3,985 3,547 7,874 6,969  
Provisions for credit losses 1,355 (170) 979 (727)  
Income (loss) from continuing operations before taxes 689 2,321 3,081 5,448  
Provision (benefits) for income taxes 136 516 668 1,223  
Income (loss) from continuing operations 553 1,805 2,413 4,225  
Identifiable assets (June 30, 2022 and December 31, 2021) 479,000 464,000 479,000 464,000  
Average loans 317,000 304,000 315,000 304,000  
Average deposits 435,000 410,000 441,000 404,000  
Operating Segments | Legacy Franchises          
Segment Reporting Information [Line Items]          
Net interest income 1,474 1,621 2,982 3,184  
Non-interest revenue 461 658 884 1,338  
Total revenues, net of interest expense 1,935 2,279 3,866 4,522  
Operating expense 1,814 1,788 4,107 3,540  
Provisions for credit losses 121 (204) 281 (160)  
Income (loss) from continuing operations before taxes 0 695 (522) 1,142  
Provision (benefits) for income taxes 15 203 (122) 330  
Income (loss) from continuing operations (15) 492 (400) 812  
Identifiable assets (June 30, 2022 and December 31, 2021) 108,000 125,000 108,000 125,000  
Average loans 43,000 79,000 45,000 80,000  
Average deposits 51,000 85,000 53,000 85,000  
Corporate/Other          
Segment Reporting Information [Line Items]          
Net interest income 401 112 595 157  
Non-interest revenue (146) 115 (150) 114  
Total revenues, net of interest expense 255 227 445 271  
Operating expense 160 307 420 614  
Provisions for credit losses 0 2 0 (1)  
Income (loss) from continuing operations before taxes 95 (82) 25 (342)  
Provision (benefits) for income taxes (178) (545) (440) (612)  
Income (loss) from continuing operations 273 463 465 270  
Identifiable assets (June 30, 2022 and December 31, 2021) 94,000 89,000 94,000 89,000  
Average loans 0 0 0 0  
Average deposits $ 7,000 $ 8,000 $ 7,000 $ 10,000  
[1] This total excludes the provision for credit losses on AFS securities, which is disclosed separately above.