XML 89 R80.htm IDEA: XBRL DOCUMENT v3.22.2.2
Loans Held for Sale - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Feb. 28, 2022
Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Commercial loans held-for-sale $ 166       $ 166     $ 48
Total loans held for sale [1] 576       576     4,217
Revenue (losses) associated with the economic hedging program (395)     $ (73) (1,837) $ 729    
Commercial loans held for sale                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Commercial loans held-for-sale 145       145     23
Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale               2,441
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale             $ 2,148  
Commercial loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 474       474     461
Valuation allowance 13       13     5
Commercial loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     $ 37          
Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 102       102     3,756
Transfer of loans held-for-sale to held-for-investment   $ 538            
Valuation allowance 16       16     7
Consumer loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     2,102          
Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     904          
Loss on sale of loans     (35)          
Loans Transferred From Portfolio Loans to Held For Sale | Commercial loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 329       329     359
Residential mortgages | Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 7       7     3,082
Residential mortgages | Consumer loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     1,665          
Residential mortgages | Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     865          
Home equity mortgages | Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 0       0     275
Home equity mortgages | Consumer loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     185          
Home equity mortgages | Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     39          
Credit cards | Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 8       8     195
Credit cards | Consumer loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     168          
Credit cards | Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 8       8      
Student loans held for sale | Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Loans, designated under fair value option 21       21      
Other consumer | Consumer loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 87       87     204
Other consumer | Consumer loans | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Retail Branches Sold                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Sales of loans held for sale     $ 84          
Other consumer | Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 87       87      
Global banking | Commercial loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Total loans held for sale 444       444     $ 338
Global banking | Commercial loans | 2020 - 2021 Restructuring Plan                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Loans sold 0       44      
Loss on sale of loans (18)       (21)      
Other Income (Loss)                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Revenue (losses) associated with the economic hedging program 0     (1) 7 (2)    
Other Income (Loss) | Commercial loans                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Recorded lower of amortized cost or fair value adjustment 13     (1) 10 4    
Other Income (Loss) | Consumer loans | Exit of Mass Market Retail Banking Business                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Recorded lower of amortized cost or fair value adjustment $ 3     $ 1 $ 11 $ 1    
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at September 30, 2022 and December 31, 2021. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information.
September 30, 2022December 31, 2021
(in millions)
Assets
Loans$127 $46 
Other assets44 55 
Total assets$171 $101 
Liabilities
Interest, taxes and other liabilities$26 $
Total liabilities$26 $