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CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Securities borrowed or purchased under agreements to resell, at fair value $ 390,215 $ 274,062
Trading account assets, pledged to creditors 226,644 193,291
Available-for-sale securities, pledged to creditors 5,729 5,389
Held-to-maturity debt securities, fair value 205,187 224,410
Held-to-maturity debt securities, pledged to creditors 63 0
Equity securities, at fair value 576 578
Loans, net of unearned income, at fair value 702,056 694,488
Mortgage servicing rights, at fair value 751 760
Other assets, at fair value 106,067 102,206
Securities loaned or sold under agreements to repurchase, at fair value 403,959 254,755
Brokerage payables, at fair value 78,302 66,601
Short-term borrowings, at fair value 49,139 48,505
Long-term debt, at fair value $ 295,684 $ 287,300
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00
Preferred stock, authorized shares (in shares) 30,000,000 30,000,000
Preferred stock, issued shares, at aggregate liquidation value (in shares) 734,000 714,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, authorized shares (in shares) 6,000,000,000 6,000,000,000
Common stock, issued shares (in shares) 3,099,749,982 3,099,719,006
Treasury stock (in shares) 1,232,016,302 1,222,647,540
Recurring    
Deposits, at fair value $ 4,226 $ 3,608
Consumer loans    
Loans, net of unearned income, at fair value 386,312 393,102
Corporate loans    
Loans, net of unearned income, at fair value 315,744 301,386
Fair value    
Securities borrowed or purchased under agreements to resell, at fair value 264,874 140,855
Other assets, at fair value 15,875 13,703
Securities loaned or sold under agreements to repurchase, at fair value 159,823 49,154
Brokerage payables, at fair value 6,970 5,207
Short-term borrowings, at fair value 18,621 12,484
Long-term debt, at fair value 117,248 112,719
Fair value | Consumer loans    
Loans, net of unearned income, at fair value 278 281
Fair value | Corporate loans    
Loans, net of unearned income, at fair value $ 7,887 $ 7,759