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DERIVATIVES - Credit Derivatives (Details)
$ in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
counterparty
agency
Dec. 31, 2022
USD ($)
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 values, Receivable $ 8,339.0 $ 8,389.0
Fair values, Payable 8,082.0 7,777.0
Notionals, Protection purchased 567,627.0 641,639.0
Notionals, Protection sold 496,699.0 593,136.0
Fair value of derivative in liability position 15,000.0 18,000.0
Fair value of collateral already posted $ 12,000.0 15,000.0
Number of rating agencies | agency 3  
Additional collateral to be posted $ 500.0  
Collateral to be segregated 33.0  
Aggregate cash obligations and collateral requirements 500.0  
Fair value gross derivative assets 308,431.0 346,545.0
Purchased    
Credit Derivative    
Fair values, Receivable 2,770.0 5,094.0
Fair values, Payable 6,097.0 3,573.0
Sold    
Credit Derivative    
Fair values, Receivable 5,569.0 3,295.0
Fair values, Payable 1,985.0 4,204.0
Within 1 year    
Credit Derivative    
Fair values, Receivable 986.0 1,753.0
Fair values, Payable 1,713.0 1,801.0
Notionals, Protection purchased 155,910.0 147,031.0
Notionals, Protection sold 128,874.0 148,721.0
From 1 to 5 years    
Credit Derivative    
Fair values, Receivable 5,816.0 4,577.0
Fair values, Payable 4,939.0 4,134.0
Notionals, Protection purchased 366,156.0 443,113.0
Notionals, Protection sold 337,583.0 407,293.0
After 5 years    
Credit Derivative    
Fair values, Receivable 1,537.0 2,059.0
Fair values, Payable 1,430.0 1,842.0
Notionals, Protection purchased 45,561.0 51,495.0
Notionals, Protection sold 30,242.0 37,122.0
Investment Grade    
Credit Derivative    
Fair values, Receivable 4,282.0 3,796.0
Fair values, Payable 4,138.0 2,970.0
Notionals, Protection purchased 444,989.0 499,339.0
Notionals, Protection sold 393,115.0 462,873.0
Non-Investment Grade    
Credit Derivative    
Fair values, Receivable 4,057.0 4,593.0
Fair values, Payable 3,944.0 4,807.0
Notionals, Protection purchased 122,638.0 142,300.0
Notionals, Protection sold 103,584.0 130,263.0
Credit default swaps and options    
Credit Derivative    
Fair values, Receivable 7,686.0 6,867.0
Fair values, Payable 7,243.0 7,360.0
Notionals, Protection purchased 539,522.0 623,981.0
Notionals, Protection sold 491,514.0 586,504.0
Total return swaps and other    
Credit Derivative    
Fair values, Receivable 653.0 1,522.0
Fair values, Payable 839.0 417.0
Notionals, Protection purchased 28,105.0 17,658.0
Notionals, Protection sold 5,185.0 6,632.0
Interest rate swaps    
Credit Derivative    
Amount derecognized 4,300.0 1,400.0
Cash proceeds received for assets derecognized 4,300.0 1,400.0
Fair value of derecognized assets 4,300.0 1,400.0
Fair value gross derivative assets 121.0 27.0
Trading derivatives, liability $ 29.0 $ 32.0