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DERIVATIVES - Credit Derivatives (Details)
$ in Millions
9 Months Ended
Sep. 30, 2024
USD ($)
agency
Dec. 31, 2023
USD ($)
Credit Risk Derivatives    
Fair values, receivable $ 8,022 $ 8,339
Fair values, payable 8,214 8,082
Notionals, protection purchased 600,021 567,627
Notionals, protection sold 514,599 496,699
Fair value of derivative in liability position 14,000 15,000
Fair value of collateral already posted $ 12,000 12,000
Number of rating agencies | agency 3  
Additional collateral to be posted $ 200  
Collateral to be segregated 16  
Aggregate cash obligations and collateral requirements 200  
Fair value gross derivative assets 316,493 308,431
Purchased    
Credit Risk Derivatives    
Fair values, receivable 2,574 2,770
Fair values, payable 6,365 6,097
Sold    
Credit Risk Derivatives    
Fair values, receivable 5,448 5,569
Fair values, payable 1,849 1,985
Within 1 year    
Credit Risk Derivatives    
Fair values, receivable 706 986
Fair values, payable 1,480 1,713
Notionals, protection purchased 164,391 155,910
Notionals, protection sold 139,057 128,874
From 1 to 5 years    
Credit Risk Derivatives    
Fair values, receivable 5,487 5,816
Fair values, payable 5,216 4,939
Notionals, protection purchased 355,461 366,156
Notionals, protection sold 314,820 337,583
After 5 years    
Credit Risk Derivatives    
Fair values, receivable 1,829 1,537
Fair values, payable 1,518 1,430
Notionals, protection purchased 80,169 45,561
Notionals, protection sold 60,722 30,242
Investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,184 4,282
Fair values, payable 4,088 4,138
Notionals, protection purchased 458,741 444,989
Notionals, protection sold 402,141 393,115
Non-investment grade    
Credit Risk Derivatives    
Fair values, receivable 3,838 4,057
Fair values, payable 4,126 3,944
Notionals, protection purchased 141,280 122,638
Notionals, protection sold 112,458 103,584
Credit default swaps and options    
Credit Risk Derivatives    
Fair values, receivable 7,243 7,686
Fair values, payable 7,320 7,243
Notionals, protection purchased 557,482 539,522
Notionals, protection sold 505,828 491,514
Total return swaps and other    
Credit Risk Derivatives    
Fair values, receivable 779 653
Fair values, payable 894 839
Notionals, protection purchased 42,539 28,105
Notionals, protection sold 8,771 5,185
Interest rate swaps    
Credit Risk Derivatives    
Cash proceeds received for assets derecognized 5,500 4,300
Fair value of derecognized assets 5,300 4,300
Fair value gross derivative assets 168 121
Trading derivatives, liability $ 31 $ 29