Quarterly report [Sections 13 or 15(d)]

Fair Value Option - Elections (Details)

Fair Value Option - Elections (Details) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Federal funds sold and securities borrowed or purchased under agreements to resell
Fair Value Carrying Amount
Assets	$ 217,206	$ 185,491
Contractual Principal Outstanding
Assets	217,164	185,324
Fair Value Carrying Amount Less Unpaid Principal
Assets	42	167
Loans reported as trading account assets
Fair Value Carrying Amount
Assets	8,536	10,230
Contractual Principal Outstanding
Assets	22,581	24,475
Fair Value Carrying Amount Less Unpaid Principal
Assets	(14,045)	(14,245)
Trading inventory – other
Fair Value Carrying Amount
Assets	10,692	16,791
Consumer and commercial loans
Fair Value Carrying Amount
Assets	3,359	3,498
Contractual Principal Outstanding
Assets	3,454	3,594
Fair Value Carrying Amount Less Unpaid Principal
Assets	(95)	(96)
Loans held-for-sale
Fair Value Carrying Amount
Assets	3,842	2,271
Contractual Principal Outstanding
Assets	4,440	2,868
Fair Value Carrying Amount Less Unpaid Principal
Assets	(598)	(597)
Other assets
Fair Value Carrying Amount
Assets	4,294	4,054
Long-term deposits
Fair Value Carrying Amount
Liabilities	1,828	1,223
Contractual Principal Outstanding
Liabilities	1,849	1,385
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(21)	(162)
Federal funds purchased and securities loaned or sold under agreements to repurchase
Fair Value Carrying Amount
Liabilities	223,698	223,067
Contractual Principal Outstanding
Liabilities	223,729	223,087
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(31)	(20)
Short-term borrowings
Fair Value Carrying Amount
Liabilities	11,431	8,051
Contractual Principal Outstanding
Liabilities	11,433	8,046
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(2)	5
Unfunded loan commitments
Fair Value Carrying Amount
Liabilities	108	67
Accrued expenses and other liabilities
Fair Value Carrying Amount
Liabilities	2,409	3,767
Contractual Principal Outstanding
Liabilities	2,400	3,628
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	9	139
Long-term debt
Fair Value Carrying Amount
Liabilities	84,797	72,591
Contractual Principal Outstanding
Liabilities	86,837	76,534
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	$ (2,040)	$ (3,943)