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DERIVATIVES - Credit Derivatives (Details)
$ in Millions
6 Months Ended
Jun. 30, 2024
USD ($)
agency
Dec. 31, 2023
USD ($)
Credit Risk Derivatives    
Fair values, receivable $ 8,143 $ 8,339
Fair values, payable 7,730 8,082
Notionals, protection purchased 562,640 567,627
Notionals, protection sold 483,472 496,699
Fair value of derivative in liability position 15,000 15,000
Fair value of collateral already posted $ 13,000 12,000
Number of rating agencies | agency 3  
Additional collateral to be posted $ 200  
Collateral to be segregated 14  
Aggregate cash obligations and collateral requirements 200  
Fair value gross derivative assets 277,223 308,431
Purchased    
Credit Risk Derivatives    
Fair values, receivable 3,329 2,770
Fair values, payable 5,586 6,097
Sold    
Credit Risk Derivatives    
Fair values, receivable 4,814 5,569
Fair values, payable 2,144 1,985
Within 1 year    
Credit Risk Derivatives    
Fair values, receivable 988 986
Fair values, payable 1,336 1,713
Notionals, protection purchased 170,278 155,910
Notionals, protection sold 147,932 128,874
From 1 to 5 years    
Credit Risk Derivatives    
Fair values, receivable 5,680 5,816
Fair values, payable 5,071 4,939
Notionals, protection purchased 346,319 366,156
Notionals, protection sold 310,789 337,583
After 5 years    
Credit Risk Derivatives    
Fair values, receivable 1,475 1,537
Fair values, payable 1,323 1,430
Notionals, protection purchased 46,043 45,561
Notionals, protection sold 24,751 30,242
Investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,057 4,282
Fair values, payable 3,694 4,138
Notionals, protection purchased 432,898 444,989
Notionals, protection sold 378,988 393,115
Non-investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,086 4,057
Fair values, payable 4,036 3,944
Notionals, protection purchased 129,742 122,638
Notionals, protection sold 104,484 103,584
Credit default swaps and options    
Credit Risk Derivatives    
Fair values, receivable 7,118 7,686
Fair values, payable 7,221 7,243
Notionals, protection purchased 522,912 539,522
Notionals, protection sold 476,386 491,514
Total return swaps and other    
Credit Risk Derivatives    
Fair values, receivable 1,025 653
Fair values, payable 509 839
Notionals, protection purchased 39,728 28,105
Notionals, protection sold 7,086 5,185
Interest rate swaps    
Credit Risk Derivatives    
Cash proceeds received for assets derecognized 6,100 4,300
Fair value of derecognized assets 5,700 4,300
Fair value gross derivative assets 89 121
Trading derivatives, liability $ 46 $ 29