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Derivatives and Hedging Activities - Effect of Fair Value and Cash Flow Hedges on Income (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]    
Interest expense — Long-term debt $ 49 $ 60
Interest income — Loans 837 889
Interest Income - securities 173 130
Investment banking and debt placement fees 163 162
Deposits 14 21
Other income [1] (4) 51
Net gain (loss) on cash flow hedging relationships    
Net Gains (Losses) Reclassified From OCI Into Income 65 89
Interest rate | Interest expense – long-term debt | Fair Value Hedging    
Net gains (losses) on fair value hedging relationships    
Recognized on hedged items 240 204
Recognized on derivatives designated as hedging instruments (216) (166)
Net income (expense) recognized on fair value hedges 24 38
Interest rate | Interest expense – long-term debt | Cash Flow Hedging    
Net gain (loss) on cash flow hedging relationships    
Realized gains (losses) (pre-tax) reclassified from AOCI into net income (1) (1)
Net income (expense) recognized on cash flow hedges (1) (1)
Interest rate | Interest income – loans | Fair Value Hedging    
Net gains (losses) on fair value hedging relationships    
Recognized on hedged items 0 0
Recognized on derivatives designated as hedging instruments 0 0
Net income (expense) recognized on fair value hedges 0 0
Interest rate | Interest income – loans | Cash Flow Hedging    
Net gain (loss) on cash flow hedging relationships    
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 64 89
Net Gains (Losses) Reclassified From OCI Into Income 64 89
Net income (expense) recognized on cash flow hedges 64 89
Interest rate | Interest Income - securities | Fair Value Hedging    
Net gains (losses) on fair value hedging relationships    
Recognized on hedged items (276) (266)
Recognized on derivatives designated as hedging instruments 282 267
Net income (expense) recognized on fair value hedges 6 1
Interest rate | Interest Income - securities | Cash Flow Hedging    
Net gain (loss) on cash flow hedging relationships    
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 0 0
Net income (expense) recognized on cash flow hedges 0 0
Interest rate | Investment banking and debt placement fees | Fair Value Hedging    
Net gains (losses) on fair value hedging relationships    
Recognized on hedged items 0 0
Recognized on derivatives designated as hedging instruments 0 0
Net income (expense) recognized on fair value hedges 0 0
Interest rate | Investment banking and debt placement fees | Cash Flow Hedging    
Net gain (loss) on cash flow hedging relationships    
Net income (expense) recognized on cash flow hedges 2 1
Interest rate | Investment banking and debt placement fees | Cash Flow Hedging    
Net gain (loss) on cash flow hedging relationships    
Net Gains (Losses) Reclassified From OCI Into Income $ 2 $ 1
[1] For the three months ended March 31, 2022, and March 31, 2021, we had no net securities gains (losses). For the three months ended March 31, 2022, and March 31, 2021, we did not have any impairment losses related to securities.