CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Millions		Sep. 30, 2025	Dec. 31, 2024
Assets:
Cash and due from banks	[1]	$ 1,099	$ 621
Interest bearing deposits with banks	[1]	23,995	22,625
Federal funds sold and securities purchased under agreements to resell	[1]	4,851	14,313
Trading assets (includes $3.5 billion and $3.6 billion pledged to creditors at September 30, 2025 and December 31, 2024, respectively)	[1]	19,905	21,231
Securities available-for-sale (amortized cost of $31.8 billion and $27.2 billion at September 30, 2025 and December 31, 2024, respectively, and includes $1.9 billion and $0.6 billion pledged to creditors at September 30, 2025 and December 31, 2024, respectively)	[1]	29,991	24,937
Securities held-to-maturity (fair value of $18.0 billion and $17.0 billion at September 30, 2025 and December 31, 2024, respectively)	[1]	18,265	17,798
Loans (includes $9 million and $11 million designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	64,503	62,753
Less – allowance for credit losses	[1]	525	537
Loans, net	[1]	63,978	62,216
Loans held for sale (includes $424 million and $395 million designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	650	406
Properties and equipment, net	[1]	69	73
Goodwill	[1]	458	458
Other assets (includes nil and $16 million designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	6,629	6,053
Total assets	[1]	169,890	170,731
Domestic deposits:
Noninterest bearing	[1]	20,981	21,251
Interest bearing (includes $4.7 billion and $4.0 billion designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	96,027	96,656
Foreign deposits - interest bearing	[1]	5,752	5,443
Total deposits	[1]	122,760	123,350
Short-term borrowings	[1]	6,309	7,352
Long-term debt (includes $8.4 billion and $7.9 billion designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	23,183	20,717
Total debt	[1]	152,252	151,419
Trading liabilities	[1]	2,477	3,907
Interest, taxes and other liabilities (includes $11 million and $16 million designated under fair value option at September 30, 2025 and December 31, 2024, respectively)	[1]	3,170	2,916
Total liabilities	[1]	157,899	158,242
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 265 shares issued and outstanding at both September 30, 2025 and December 31, 2024)		265	265
Common equity:
Common stock ($5 par value; 150,000,000 shares authorized; 714 shares issued and outstanding at both September 30, 2025 and December 31, 2024)		0	0
Additional paid-in capital		12,706	12,727
Retained earnings		588	1,269
Accumulated other comprehensive loss		(1,568)	(1,772)
Total common equity		11,726	12,224
Total equity		11,991	12,489
Total liabilities and equity		$ 169,890	$ 170,731

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at September 30, 2025 and December 31, 2024. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 15, "Variable Interest Entities," for additional information. September 30, 2025December 31, 2024(in millions)AssetsOther assets$7 $11 Total assets$7 $11 LiabilitiesInterest, taxes and other liabilities$14 $4 Total liabilities$14 $4