Quarterly report [Sections 13 or 15(d)]

Fair Value Option - Elections (Details)

Fair Value Option - Elections (Details) - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Federal funds sold and securities borrowed or purchased under agreements to resell
Fair Value Carrying Amount
Assets	$ 181,232	$ 144,501
Contractual Principal Outstanding
Assets	181,184	144,449
Fair Value Carrying Amount Less Unpaid Principal
Assets	48	52
Loans reported as trading account assets
Fair Value Carrying Amount
Assets	11,771	11,615
Contractual Principal Outstanding
Assets	24,984	24,461
Fair Value Carrying Amount Less Unpaid Principal
Assets	(13,213)	(12,846)
Trading inventory – other
Fair Value Carrying Amount
Assets	17,078	15,369
Consumer and commercial loans
Fair Value Carrying Amount
Assets	5,386	4,249
Contractual Principal Outstanding
Assets	5,436	4,292
Fair Value Carrying Amount Less Unpaid Principal
Assets	(50)	(43)
Loans held-for-sale
Fair Value Carrying Amount
Assets	2,672	2,214
Contractual Principal Outstanding
Assets	3,455	2,824
Fair Value Carrying Amount Less Unpaid Principal
Assets	(783)	(610)
Other assets
Fair Value Carrying Amount
Assets	2,854	2,732
Long-term deposits
Fair Value Carrying Amount
Liabilities	403	310
Contractual Principal Outstanding
Liabilities	476	386
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(73)	(76)
Federal funds purchased and securities loaned or sold under agreements to repurchase
Fair Value Carrying Amount
Liabilities	222,734	192,859
Contractual Principal Outstanding
Liabilities	222,753	192,877
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(19)	(18)
Short-term borrowings
Fair Value Carrying Amount
Liabilities	6,534	6,245
Contractual Principal Outstanding
Liabilities	6,538	6,247
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(4)	(2)
Unfunded loan commitments
Fair Value Carrying Amount
Liabilities	64	144
Accrued expenses and other liabilities
Fair Value Carrying Amount
Liabilities	1,540	2,642
Contractual Principal Outstanding
Liabilities	1,404	2,414
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	136	228
Long-term debt
Fair Value Carrying Amount
Liabilities	54,545	50,005
Contractual Principal Outstanding
Liabilities	59,411	54,257
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	$ (4,866)	$ (4,252)