XML 89 R62.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Derivative Instruments and Hedging Activities - Gains (Losses) on Accounting Hedges and Fair Value Hedges (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Cash flow hedges - Interest rate contracts          
Recognized in OCI $ (13) $ (25) $ (60) $ (18)  
Less: Realized gains (losses) (pre-tax) reclassified from AOCI to interest income (12) (2) (23) (3)  
Net change in cash flow hedges included within AOCI (1) (23) (37) (15)  
Cash flow hedges expected to be reclassified from AOCI     $ (56)    
Maximum length of time over which forecasted cash flows are hedged     18 months    
Investment securities—AFS          
Fair Value Hedges - Hedged Items          
Amortized cost basis currently/ carrying amount currently or previously hedged 50,820   $ 50,820   $ 47,179
Basis adjustments included in carrying amount (1,082)   (1,082)   (732)
Deposits          
Fair Value Hedges - Hedged Items          
Amortized cost basis currently/ carrying amount currently or previously hedged 17,645   17,645   10,569
Basis adjustments included in carrying amount (23)   (23)   (31)
Borrowings          
Borrowings          
Carrying amount currently or previously hedged 164,105   164,105   158,659
Basis adjustments included in carrying amount—Outstanding hedges (11,348)   (11,348)   (9,219)
Basis adjustments included in carrying amount—Terminated hedges (660)   (660)   $ (671)
Fair Value Hedges | Interest Income | Interest rate          
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense          
Gains (losses) recognized in interest expense 19 569 591 198  
Fair Value Hedges | Interest Income | Investment securities—AFS          
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense          
Gains (losses) recognized in interest expense 5 (565) (547) (184)  
Fair Value Hedges | Interest expense | Interest rate          
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense          
Gains (losses) recognized in interest expense (24) (2,349) (2,151) (64)  
Fair Value Hedges | Interest expense | Deposits          
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense          
Gains (losses) recognized in interest expense (18) 38 (8) (16)  
Fair Value Hedges | Interest expense | Borrowings          
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense          
Gains (losses) recognized in interest expense 49 2,316 2,158 75  
Net Investment Hedges | Foreign exchange          
Net investment hedges—Foreign exchange contracts          
Recognized in OCI 285 95 655 6  
Forward points excluded from hedge effectiveness testing—Recognized in Interest income $ 42 $ 63 $ 90 $ 106