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Derivatives and Hedging Activities - Schedule of Effect of Fair Value and Cash Flow Hedges on Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]        
Interest expense — Long-term debt $ (332) $ (349) $ (660) $ (624)
Interest income – loans 1,524 1,576 3,062 3,052
Interest Income - securities 259 194 491 388
Investment banking and debt placement fees 126 120 296 265
Interest expense - deposits (817) (531) (1,599) (881)
Other income 11 4 17 4
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income (200) (246) (415) (461)
Interest rate | Interest expense – long-term debt | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 7 377 135 223
Recognized on derivatives designated as hedging instruments (80) (427) (280) (320)
Net income (expense) recognized on fair value hedges (73) (50) (145) (97)
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) (1) (1)
Net income (expense) recognized on cash flow hedges (1) (1) (1) (1)
Interest rate | Interest income – loans | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items 0 0 0 0
Recognized on derivatives designated as hedging instruments 0 0 0 0
Net income (expense) recognized on fair value hedges 0 0 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 (199) (245) (415) (460)
Net income (expense) recognized on cash flow hedges (199) (215) (415) (460)
Interest rate | Interest Income - securities | Fair Value Hedging        
Net gains (losses) on fair value hedging relationships        
Recognized on hedged items (22) (24) (173) (18)
Recognized on derivatives designated as hedging instruments 56 32 238 30
Net income (expense) recognized on fair value hedges 34 8 65 12
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 0 0
Net income (expense) recognized on cash flow hedges 0 0 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 0 0
Recognized on derivatives designated as hedging instruments 0 0 0 0
Net income (expense) recognized on fair value hedges 0 0 0 0
Interest rate | Investment banking and debt placement fees | Cash Flow Hedging        
Net gain (loss) on cash flow hedging relationships        
Realized gains (losses) (pre-tax) reclassified from AOCI into net income 0 0 1 0
Net income (expense) recognized on cash flow hedges $ 0 $ 0 $ 1 $ 0