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Business Segments - Summary on Reconciliation of Results Under IFRS to US GAAP (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
[1]
Operating Statistics [Line Items]          
Net interest income (expense) $ 439 $ 372 $ 1,277 $ 1,289  
Other operating income (expense) 334 517 1,410 1,418  
Total operating income (expense) 773 889 2,687 2,707  
Provision for credit losses (13) (8) 36 48  
Total income 786 897 2,651 2,659  
Operating expenses 671 658 2,040 1,934  
Income before income tax 115 239 611 725  
Total assets 167,799 [1] 164,357 167,799 [1] 164,357 $ 168,238
Total loans, net 61,467 [1] 57,016 61,467 [1] 57,016 58,396
Goodwill 458 [1] 458 458 [1] 458 458
Total deposits 123,373 [1] 119,928 123,373 [1] 119,928 $ 121,283
Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) 451 432 1,328 1,477  
Other operating income (expense) 313 446 1,324 1,236  
Total operating income 764 878 2,652 2,713  
Expected credit losses / provision for credit losses 19 (15) 52 47  
Total income 745 893 2,600 2,666  
Operating expenses 654 636 1,997 1,687  
Profit (loss) before income tax 91 257 603 979  
Total assets 181,011 186,442 181,011 186,442  
Total loans, net 59,851 55,804 59,851 55,804  
Goodwill 358 358 358 358  
Total deposits 115,774 115,504 115,774 115,504  
Group Reporting Basis Adjustments          
Operating Statistics [Line Items]          
Net interest income (expense) 9 1 22 4  
Other operating income (expense) (7) (8) (13) (57)  
Total operating income 2 (7) 9 (53)  
Expected credit losses / provision for credit losses (32) 7 (16) 1  
Total income 34 (14) 25 (54)  
Operating expenses 10 4 17 200  
Profit (loss) before income tax 24 (18) 8 (254)  
Total assets (13,212) (22,085) (13,212) (22,085)  
Total loans, net (1,054) (313) (1,054) (313)  
Goodwill 100 100 100 100  
Total deposits (1,192) (3,853) (1,192) (3,853)  
Group Reporting Basis Reclassifications          
Operating Statistics [Line Items]          
Net interest income (expense) (21) (61) (73) (192)  
Other operating income (expense) 28 79 99 239  
Total operating income 7 18 26 47  
Expected credit losses / provision for credit losses 0 0 0 0  
Total income 7 18 26 47  
Operating expenses 7 18 26 47  
Profit (loss) before income tax 0 0 0 0  
Total assets 0 0 0 0  
Total loans, net 2,670 1,525 2,670 1,525  
Goodwill 0 0 0 0  
Total deposits 8,791 8,277 8,791 8,277  
WPB | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) 175 175 529 582  
Other operating income (expense) 8 28 133 132  
Total operating income 183 203 662 714  
Expected credit losses / provision for credit losses 2 (5) 0 (3)  
Total income 181 208 662 717  
Operating expenses 207 194 592 420  
Profit (loss) before income tax (26) 14 70 297  
Total assets 38,385 42,719 38,385 42,719  
Total loans, net 25,785 23,178 25,785 23,178  
Goodwill 0 0 0 0  
Total deposits 28,903 29,253 28,903 29,253  
CMB | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) 305 285 884 858  
Other operating income (expense) 29 74 189 225  
Total operating income 334 359 1,073 1,083  
Expected credit losses / provision for credit losses 21 8 56 38  
Total income 313 351 1,017 1,045  
Operating expenses 187 175 555 484  
Profit (loss) before income tax 126 176 462 561  
Total assets 54,909 52,215 54,909 52,215  
Total loans, net 24,045 23,119 24,045 23,119  
Goodwill 358 358 358 358  
Total deposits 43,333 44,948 43,333 44,948  
GB | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) 136 111 369 373  
Other operating income (expense) 78 92 266 238  
Total operating income 214 203 635 611  
Expected credit losses / provision for credit losses (4) (18) (4) 12  
Total income 218 221 639 599  
Operating expenses 133 144 398 420  
Profit (loss) before income tax 85 77 241 179  
Total assets 10,122 9,554 10,122 9,554  
Total loans, net 9,828 9,009 9,828 9,009  
Goodwill 0 0 0 0  
Total deposits 40,881 38,810 40,881 38,810  
MSS | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) 13 4 30 32  
Other operating income (expense) 72 115 231 261  
Total operating income 85 119 261 293  
Expected credit losses / provision for credit losses 0 0 0 0  
Total income 85 119 261 293  
Operating expenses 78 68 238 208  
Profit (loss) before income tax 7 51 23 85  
Total assets 35,264 42,663 35,264 42,663  
Total loans, net 117 104 117 104  
Goodwill 0 0 0 0  
Total deposits 1,393 825 1,393 825  
GBM Other | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) (3) (9) 18 (21)  
Other operating income (expense) (48) 17 (2) 63  
Total operating income (51) 8 16 42  
Expected credit losses / provision for credit losses 0 0 0 0  
Total income (51) 8 16 42  
Operating expenses 25 19 72 51  
Profit (loss) before income tax (76) (11) (56) (9)  
Total assets 38,053 36,303 38,053 36,303  
Total loans, net 76 394 76 394  
Goodwill 0 0 0 0  
Total deposits 1,264 1,668 1,264 1,668  
CC | Operating Segments          
Operating Statistics [Line Items]          
Net interest income (expense) (175) (134) (502) (347)  
Other operating income (expense) 174 120 507 317  
Total operating income (1) (14) 5 (30)  
Expected credit losses / provision for credit losses 0 0 0 0  
Total income (1) (14) 5 (30)  
Operating expenses 24 36 142 104  
Profit (loss) before income tax (25) (50) (137) (134)  
Total assets 4,278 2,988 4,278 2,988  
Total loans, net 0 0 0 0  
Goodwill 0 0 0 0  
Total deposits $ 0 $ 0 $ 0 $ 0  
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at September 30, 2024 and December 31, 2023. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 15, "Variable Interest Entities," for additional information.
September 30, 2024December 31, 2023
(in millions)
Assets
Other assets$13 $23 
Total assets$13 $23 
Liabilities
Interest, taxes and other liabilities$21 $17 
Total liabilities$21 $17