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DERIVATIVES - Credit Derivatives (Details)
$ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
agency
Dec. 31, 2023
USD ($)
Credit Risk Derivatives    
Fair values, receivable $ 8,792 $ 8,339
Fair values, payable 8,572 8,082
Notionals, protection purchased 588,856 567,627
Notionals, protection sold 513,714 496,699
Fair value of derivative in liability position 13,000 15,000
Fair value of collateral already posted $ 11,000 12,000
Number of rating agencies | agency 3  
Additional collateral to be posted $ 500  
Collateral to be segregated 34  
Aggregate cash obligations and collateral requirements 600  
Fair value gross derivative assets 285,867 308,431
Purchased    
Credit Risk Derivatives    
Fair values, receivable 2,735 2,770
Fair values, payable 6,684 6,097
Sold    
Credit Risk Derivatives    
Fair values, receivable 6,057 5,569
Fair values, payable 1,888 1,985
Within 1 year    
Credit Risk Derivatives    
Fair values, receivable 842 986
Fair values, payable 1,483 1,713
Notionals, protection purchased 158,332 155,910
Notionals, protection sold 133,402 128,874
From 1 to 5 years    
Credit Risk Derivatives    
Fair values, receivable 6,288 5,816
Fair values, payable 5,559 4,939
Notionals, protection purchased 355,771 366,156
Notionals, protection sold 324,350 337,583
After 5 years    
Credit Risk Derivatives    
Fair values, receivable 1,662 1,537
Fair values, payable 1,530 1,430
Notionals, protection purchased 74,753 45,561
Notionals, protection sold 55,962 30,242
Investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,553 4,282
Fair values, payable 4,012 4,138
Notionals, protection purchased 444,255 444,989
Notionals, protection sold 395,280 393,115
Non-investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,239 4,057
Fair values, payable 4,560 3,944
Notionals, protection purchased 144,601 122,638
Notionals, protection sold 118,434 103,584
Credit default swaps and options    
Credit Risk Derivatives    
Fair values, receivable 8,038 7,686
Fair values, payable 7,794 7,243
Notionals, protection purchased 553,605 539,522
Notionals, protection sold 508,143 491,514
Total return swaps and other    
Credit Risk Derivatives    
Fair values, receivable 754 653
Fair values, payable 778 839
Notionals, protection purchased 35,251 28,105
Notionals, protection sold 5,571 5,185
Interest rate swaps    
Credit Risk Derivatives    
Cash proceeds received for assets derecognized 5,100 4,300
Fair value of derecognized assets 4,900 4,300
Fair value gross derivative assets 104 121
Trading derivatives, liability $ 40 $ 29