Interest Income and Interest Expense (Tables)

9 Months Ended

Sep. 30, 2022

Banking and Thrift, Interest [Abstract]

Schedule of Sources Interest Income and Interest Expense

The table below presents sources of interest income and interest expense.

	Three Months Ended September				Nine Months Ended September
$ in millions	2022		2021		2022		2021
Deposits with banks	$	1,107	$	(13)	$	1,392	$	(9)
Collateralized agreements	1,542		(220)		1,712		(651)
Trading assets	1,334		1,230		3,551		3,553
Investments	578		358		1,433		1,243
Loans	2,487		1,363		5,937		3,878
Other interest	1,502		399		2,588		1,096
Total interest income	8,550		3,117		16,613		9,110
Deposits	1,811		319		2,975		978
Collateralized financings	990		33		1,308		41
Trading liabilities	513		495		1,427		1,240
Short-term borrowings	152		115		333		433
Long-term borrowings	1,503		843		3,433		2,477
Other interest	1,538		(252)		1,533		(734)
Total interest expense	6,507		1,553		11,009		4,435
Net interest income	$	2,043	$	1,564	$	5,604	$	4,675

In the table above:

•Collateralized agreements includes rebates paid and interest income on securities borrowed.

•Loans excludes interest on loans held for sale that are accounted for at the lower of cost or fair value. Such interest is included within other interest.

•Other interest income includes interest income on customer debit balances, other interest-earning assets and loans held for sale that are accounted for at the lower of cost or fair value.

•Collateralized financings consists of repurchase agreements and securities loaned.

•Short- and long-term borrowings include both secured and unsecured borrowings.

•Other interest expense includes rebates received on other interest-bearing liabilities and interest expense on customer credit balances.