XML 164 R138.htm IDEA: XBRL DOCUMENT v3.25.1
DERIVATIVES - Credit Derivatives (Details)
$ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
agency
Dec. 31, 2024
USD ($)
Credit Risk Derivatives    
Fair values, receivable $ 9,052.0 $ 8,715.0
Fair values, payable 8,219.0 7,253.0
Notionals, protection purchased 626,695.0 531,429.0
Notionals, protection sold 533,380.0 439,146.0
Fair value of derivative in liability position 13,000.0 15,000.0
Fair value of collateral already posted $ 11,000.0 13,000.0
Number of rating agencies | agency 3  
Additional collateral to be posted $ 200.0  
Collateral to be segregated 9.0  
Aggregate cash obligations and collateral requirements 200.0  
Fair value gross derivative assets 304,560.0 334,900.0
Purchased    
Credit Risk Derivatives    
Fair values, receivable 3,788.0 3,864.0
Fair values, payable 6,249.0 5,403.0
Sold    
Credit Risk Derivatives    
Fair values, receivable 5,264.0 4,851.0
Fair values, payable 1,970.0 1,850.0
Within 1 year    
Credit Risk Derivatives    
Fair values, receivable 1,032.0 1,606.0
Fair values, payable 1,340.0 1,166.0
Notionals, protection purchased 158,726.0 140,541.0
Notionals, protection sold 144,474.0 118,885.0
From 1 to 5 years    
Credit Risk Derivatives    
Fair values, receivable 5,795.0 5,625.0
Fair values, payable 5,242.0 4,906.0
Notionals, protection purchased 371,428.0 342,608.0
Notionals, protection sold 309,060.0 295,503.0
After 5 years    
Credit Risk Derivatives    
Fair values, receivable 2,225.0 1,484.0
Fair values, payable 1,637.0 1,181.0
Notionals, protection purchased 96,541.0 48,280.0
Notionals, protection sold 79,846.0 24,758.0
Investment grade    
Credit Risk Derivatives    
Fair values, receivable 4,052.0 4,578.0
Fair values, payable 3,730.0 3,450.0
Notionals, protection purchased 415,533.0 405,271.0
Notionals, protection sold 355,050.0 350,124.0
Non-investment grade    
Credit Risk Derivatives    
Fair values, receivable 5,000.0 4,137.0
Fair values, payable 4,489.0 3,803.0
Notionals, protection purchased 211,162.0 126,158.0
Notionals, protection sold 178,330.0 89,022.0
Credit default swaps and options    
Credit Risk Derivatives    
Fair values, receivable 7,343.0 6,765.0
Fair values, payable 7,317.0 6,545.0
Notionals, protection purchased 574,949.0 486,901.0
Notionals, protection sold 522,262.0 431,005.0
Total return swaps and other    
Credit Risk Derivatives    
Fair values, receivable 1,709.0 1,950.0
Fair values, payable 902.0 708.0
Notionals, protection purchased 51,746.0 44,528.0
Notionals, protection sold 11,118.0 8,141.0
Interest rate swaps    
Credit Risk Derivatives    
Cash proceeds received for assets derecognized 6,000.0 6,200.0
Fair value of derecognized assets 5,500.0 5,800.0
Fair value gross derivative assets 106.1 179.0
Trading derivatives, liability $ 182.3 $ 29.0