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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net income $ 90 $ 193 $ 291 $ 532
Net change in unrealized gains (losses), net of tax:        
Investment securities (574) 53 (1,617) (578)
Fair value option liabilities attributable to our own credit spread 51 10 80 0
Derivatives designated as cash flow hedges (62) (9) (214) (21)
Pension and post-retirement benefit plans 0 1 0 1
Total other comprehensive income (loss) (585) 55 (1,751) (598)
Comprehensive income (loss) $ (495) $ 248 $ (1,460) $ (66)