Commitments, Guarantees and Contingencies (Tables)

3 Months Ended

Mar. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments


	Years to Maturity at March 31, 2022
$ in millions	Less than 1		1-3		3-5		Over 5		Total
Lending:
Corporate	$	14,186	$	36,316	$	50,242	$	6,200	$	106,944
Secured lending facilities	6,524		7,576		3,640		553		18,293
Commercial and Residential real estate	412		813		26		259		1,510
Securities-based lending and Other	11,447		3,380		506		412		15,745
Forward-starting secured financing receivables	61,272		—		—		—		61,272
Central counterparty	300		—		—		4,772		5,072
Underwriting	40		3,150		—		—		3,190
Investment activities	1,157		176		52		380		1,765
Letters of credit and other financial guarantees	129		—		—		3		132
Total	$	95,467	$	51,411	$	54,466	$	12,579	$	213,923
Lending commitments participated to third parties									$	7,963
Forward-starting secured financing receivables settled within three business days									$	51,192

Schedule of Obligations under Guarantee Arrangements

Guarantees


	At March 31, 2022
	Maximum Potential Payout/Notional of Obligations by Years to Maturity								Carrying Amount Asset (Liability)
$ in millions	Less than 1		1-3		3-5		Over 5
Non-credit derivatives1	$	1,316,262	$	914,129	$	322,125	$	821,128	$	(67,840)
Standby letters of credit and other financial guarantees issued2	1,441		1,079		1,124		2,686		29
Market value guarantees	89		2		—		—		—
Liquidity facilities	4,382		—		—		—		4
Whole loan sales guarantees	—		2		85		23,095		—
Securitization representations and warranties3	—		—		—		79,059		(42)
General partner guarantees	348		12		32		152		(79)
Client clearing guarantees	150		—		—		—		—

1.The carrying amounts of derivative contracts that meet the accounting definition of a guarantee are shown on a gross basis. For further information on derivatives contracts, see Note 6.

2.These amounts include certain issued standby letters of credit participated to third parties, totaling $0.8 billion of notional and collateral/recourse, due to the nature of the Firm’s obligations under these arrangements. As of March 31, 2022, the carrying amount of standby letters of credit and other financial guarantees issued includes an allowance for credit losses of $78 million.

3.Related to commercial and residential mortgage securitizations.