Commitments and Guarantees (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of Guarantor Obligations

The following table presents the aggregate gross contractual amounts of our off-balance sheet commitments and guarantees, as of the dates indicated:

(In millions)	June 30, 2024		December 31, 2023
Commitments:
Unfunded credit facilities	$	33,393	$	34,197
Guarantees(1):
Indemnified securities financing	$	323,808	$	279,916
Standby letters of credit	1,269		1,510

(1) The potential losses associated with these guarantees equal the gross contractual amounts and do not consider the value of any collateral or reflect any participations to independent third parties.

Schedule of Repurchase Agreements

The following table summarizes the aggregate fair values of indemnified securities financing and related collateral, as well as collateral invested in indemnified repurchase agreements, as of the dates indicated:

(In millions)	June 30, 2024		December 31, 2023
Fair value of indemnified securities financing	$	323,808	$	279,916
Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing	339,737		293,855
Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements	71,467		59,028
Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements	76,525		63,105