Annual report [Section 13 and 15(d), not S-K Item 405]

Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details)

v3.25.4
Income Taxes - Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets    
Tax attribute carryforwards $ 12,875 $ 11,898
Allowance for credit losses 3,415 3,463
Lease liability 2,025 2,169
Employee compensation and retirement benefits 1,807 1,760
Accrued expenses 1,030 1,379
Security, loan and debt valuations 559 2,680
Other 2,469 2,339
Gross deferred tax assets 24,180 25,688
Valuation allowance (2,310) (2,361)
Total deferred tax assets, net of valuation allowance 21,870 23,327
Deferred tax liabilities    
Equipment lease financing 3,246 3,021
Right-of-use asset 1,873 2,025
Other 1,747 1,920
Gross deferred tax liabilities 6,866 6,966
Net deferred tax assets $ 15,004 $ 16,361