JPMorgan Chase & Co. (JPM) 10-Q 2 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2021shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Entity File Number	1-5805
Entity Registrant Name	JPMorgan Chase & Co
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-2624428
Entity Address, Address Line One	383 Madison Avenue,
Entity Address, City or Town	New York,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10179
City Area Code	212
Local Phone Number	270-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	2,955,266,061
Entity Central Index Key	0000019617
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Common stock
Entity Information [Line Items]
Title of 12(b) Security	Common stock
Trading Symbol	JPM
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 5.75% Non-Cumulative Preferred Stock, Series DD
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 5.75% Non-Cumulative Preferred Stock, Series DD
Trading Symbol	JPM PR D
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 6.00% Non-Cumulative Preferred Stock, Series EE
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 6.00% Non-Cumulative Preferred Stock, Series EE
Trading Symbol	JPM PR C
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 4.75% Non-Cumulative Preferred Stock, Series GG
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 4.75% Non-Cumulative Preferred Stock, Series GG
Trading Symbol	JPM PR J
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 4.55% Non-Cumulative Preferred Stock, Series JJ
Trading Symbol	JPM PR K
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 4.625% Non-Cumulative Preferred Stock, Series LL
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 4.625% Non-Cumulative Preferred Stock, Series LL
Trading Symbol	JPM PR L
Security Exchange Name	NYSE
Depositary Shares, each representing a one-four hundredth interest in a share of 4.20% Non-Cumulative Preferred Stock, Series MM
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a one-four hundredth interest in a share of 4.20% Non-Cumulative Preferred Stock, Series MM
Trading Symbol	JPM PR M
Security Exchange Name	NYSE
Alerian MLP Index ETNs due May 24, 2024
Entity Information [Line Items]
Title of 12(b) Security	Alerian MLP Index ETNs due May 24, 2024
Trading Symbol	AMJ
Security Exchange Name	NYSEArca
Guarantee of Callable Fixed Rate Notes due June 10, 2032 of JPMorgan Chase Financial Company LLC
Entity Information [Line Items]
Title of 12(b) Security	Guarantee of Callable Fixed Rate Notes due June 10, 2032 of JPMorgan Chase Financial Company LLC
Trading Symbol	JPM/32
Security Exchange Name	NYSE

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenue
Investment banking fees		$ 3,282	$ 2,187	$ 9,722	$ 6,903
Principal transactions		3,546	4,142	14,122	14,700
Lending- and deposit-related fees		1,801	1,647	5,248	4,784
Asset management, administration and commissions		5,257	4,470	15,480	13,276
Investment securities gains/(losses)		(256)	473	(397)	732
Mortgage fees and related income		600	1,087	1,855	2,324
Card income		1,005	1,169	4,002	3,138
Other income	[1]	1,332	1,067	3,650	3,454
Noninterest revenue		16,567	16,242	53,682	49,311
Interest income		14,480	14,700	42,845	49,973
Interest expense		1,400	1,687	4,135	8,668
Net interest income		13,080	13,013	38,710	41,305
Total net revenue		29,647	29,255	92,392	90,616
Provision for credit losses		(1,527)	611	(7,968)	19,369
Noninterest expense
Compensation expense		9,087	8,630	29,502	27,034
Occupancy expense		1,109	1,142	3,314	3,288
Technology, communications and equipment expense		2,473	2,564	7,480	7,732
Professional and outside services		2,523	2,178	7,111	6,205
Marketing		712	470	2,089	1,751
Other expense		1,159	1,891	3,959	4,598
Total noninterest expense		17,063	16,875	53,455	50,608
Income before income tax expense		14,111	11,769	46,905	20,639
Income tax expense	[1]	2,424	2,326	8,970	3,644
Net income		11,687	9,443	37,935	16,995
Net income applicable to common stockholders		$ 11,229	$ 9,015	$ 36,576	$ 15,712
Net income per common share data
Basic earnings per share (in dollars per share)		$ 3.74	$ 2.93	$ 12.05	$ 5.10
Diluted earnings per share (in dollars per share)		$ 3.74	$ 2.92	$ 12.02	$ 5.09
Weighted-average basic shares (in shares)		2,999.9	3,077.8	3,036.4	3,083.3
Weighted-average diluted shares (in shares)		3,005.1	3,082.8	3,041.7	3,088.1
[1]	Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 11,687	$ 9,443	$ 37,935	$ 16,995
Other comprehensive income/(loss), after–tax
Unrealized gains/(losses) on investment securities	(434)	514	(4,099)	4,377
Translation adjustments, net of hedges	(187)	127	(373)	(61)
Fair value hedges	9	(69)	(42)	35
Cash flow hedges	(450)	(70)	(2,108)	2,629
Defined benefit pension and OPEB plans	6	(12)	83	14
DVA on fair value option elected liabilities	(551)	(339)	(484)	377
Total other comprehensive income/(loss), after–tax	(1,607)	151	(7,023)	7,371
Comprehensive income	$ 10,080	$ 9,594	$ 30,912	$ 24,366

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Sep. 30, 2021	Dec. 31, 2020
Assets
Cash and due from banks		$ 25,857	$ 24,874
Deposits with banks		734,012	502,735
Federal funds sold and securities purchased under resale agreements (included $273,158 and $238,015 at fair value)		282,161	296,284
Securities borrowed (included $72,833 and $52,983 at fair value)		202,987	160,635
Trading assets (included assets pledged of $104,047 and $130,645)		515,901	503,126
Available-for-sale securities (amortized cost of $249,733 and $381,729, net of allowance for credit losses; included assets pledged of $13,621 and $32,227)		251,590	388,178
Held-to-maturity securities (net of allowance for credit losses)		343,542	201,821
Investment securities, net of allowance for credit losses		595,132	589,999
Loans (included $60,628 and $44,474 at fair value)		1,044,615	1,012,853
Allowance for loan losses		(18,150)	(28,328)
Loans, net of allowance for loan losses		1,026,465	984,525
Accrued interest and accounts receivable		116,395	90,503
Premises and equipment		26,996	27,109
Goodwill, MSRs and other intangible assets		56,566	53,428
Other assets (included $14,471 and $13,827 at fair value and assets pledged of $4,740 and $3,739)	[1]	175,104	151,539
Total assets	[2]	3,757,576	3,384,757
Liabilities
Deposits (included $11,808 and $14,484 at fair value)		2,402,353	2,144,257
Federal funds purchased and securities loaned or sold under repurchase agreements (included $187,439 and $155,735 at fair value)		254,920	215,209
Short-term borrowings (included $20,033 and $16,893 at fair value)		50,393	45,208
Trading liabilities		179,543	170,181
Accounts payable and other liabilities (included $5,340 and $3,476 at fair value)	[1]	268,604	231,285
Beneficial interests issued by consolidated VIEs (included $99 and $41 at fair value)		13,257	17,578
Long-term debt (included $76,499 and $76,817 at fair value)		298,465	281,685
Total liabilities	[2]	3,467,535	3,105,403
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 3,483,750 and 3,006,250 shares)		34,838	30,063
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares)		4,105	4,105
Additional paid-in capital		88,357	88,394
Retained earnings		265,276	236,990
Accumulated other comprehensive income		963	7,986
Treasury stock, at cost (1,149,667,834 and 1,055,499,435 shares)		(103,498)	(88,184)
Total stockholders’ equity		290,041	279,354
Total liabilities and stockholders’ equity		3,757,576	3,384,757
VIEs consolidated by the Firm
Assets
Trading assets (included assets pledged of $104,047 and $130,645)		2,011	1,934
Loans, net of allowance for loan losses		35,352	37,619
Other assets (included $14,471 and $13,827 at fair value and assets pledged of $4,740 and $3,739)		516	681
Total assets		37,879	40,234
Liabilities
Beneficial interests issued by consolidated VIEs (included $99 and $41 at fair value)		13,257	17,578
All other liabilities		234	233
Total liabilities		$ 13,491	$ 17,811
[1]	Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.
[2]	The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion. (in millions) September 30, 2021 December 31, 2020 Assets Trading assets $ 2,011 $ 1,934 Loans 35,352 37,619 All other assets 516 681 Total assets $ 37,879 $ 40,234 Liabilities Beneficial interests issued by consolidated VIEs $ 13,257 $ 17,578 All other liabilities 234 233 Total liabilities $ 13,491 $ 17,811

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Assets
Assets pledged	$ 122,400	$ 166,600
Available-for-sale securities, amortized cost, net of allowance for credit losses	249,733	381,729
Loans	$ 60,628	$ 44,474
Stockholders' equity
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	200,000,000	200,000,000
Preferred stock, shares issued (in shares)	3,483,750	3,006,250
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	9,000,000,000	9,000,000,000
Common stock, shares issued (in shares)	4,104,933,895	4,104,933,895
Treasury stock, at cost (in shares)	1,149,667,834	1,055,499,435
Trading assets
Assets
Assets pledged	$ 104,047	$ 130,645
Investment securities - AFS
Assets
Assets pledged	13,621	32,227
Other assets
Assets
Assets pledged	4,740	3,739
Recurring
Assets
Federal funds sold and securities purchased under resale agreements	273,158	238,015
Securities borrowed	72,833	52,983
Loans	60,628	44,474
Liabilities
Deposits	11,808	14,484
Federal funds purchased and securities loaned or sold under repurchase agreements	187,439	155,735
Short-term borrowings	20,033	16,893
Accounts payable and other liabilities	5,340	3,476
Beneficial interests issued by consolidated VIEs	99	41
Long-term debt	76,499	76,817
Recurring | Other assets
Assets
Other assets	$ 14,471	$ 13,827

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Preferred stock	Common stock	Additional paid-in capital	Retained earnings	Retained earningsCumulative effect of a change in accounting principle	Accumulated other comprehensive income/(loss)	Shares held in Restricted Stock Units ("RSU") Trust, at cost	Treasury stock, at cost
Beginning balance at Dec. 31, 2019		$ 26,993	$ 4,105	$ 88,522	$ 223,211	$ (2,650)	$ 1,569	$ (21)	$ (83,049)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance		4,500
Redemption		(1,430)
Shares issued and commitments to issue common stock for employee share-based compensation awards, and related tax effects				(177)
Other				(56)
Net income	$ 16,995				16,995
Dividends declared:
Preferred stock					(1,203)
Common stock ($1.00 and $0.90 per share and $2.80 and $2.70 per share, respectively)					(8,339)
Other comprehensive income/(loss), after-tax	7,371						7,371
Liquidation of RSU Trust								10
Repurchase									(6,397)
Reissuance									1,159
Ending balance at Sep. 30, 2020	271,113	30,063	4,105	88,289	228,014		8,940	(11)	(88,287)
Beginning balance at Jun. 30, 2020		30,063	4,105	88,125	221,732		8,789	(11)	(88,337)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance		0
Redemption		0
Shares issued and commitments to issue common stock for employee share-based compensation awards, and related tax effects				215
Other				(51)
Net income	9,443				9,443
Dividends declared:
Preferred stock					(381)
Common stock ($1.00 and $0.90 per share and $2.80 and $2.70 per share, respectively)					(2,780)
Other comprehensive income/(loss), after-tax	151						151
Liquidation of RSU Trust								0
Repurchase									0
Reissuance									50
Ending balance at Sep. 30, 2020	271,113	30,063	4,105	88,289	228,014		8,940	(11)	(88,287)
Beginning balance at Dec. 31, 2020	279,354	30,063	4,105	88,394	236,990		7,986	0	(88,184)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance		7,350
Redemption		(2,575)
Shares issued and commitments to issue common stock for employee share-based compensation awards, and related tax effects				93
Other				(130)
Net income	37,935				37,935
Dividends declared:
Preferred stock					(1,174)
Common stock ($1.00 and $0.90 per share and $2.80 and $2.70 per share, respectively)					(8,475)
Other comprehensive income/(loss), after-tax	(7,023)						(7,023)
Liquidation of RSU Trust								0
Repurchase									(16,440)
Reissuance									1,126
Ending balance at Sep. 30, 2021	290,041	34,838	4,105	88,357	265,276		963	0	(103,498)
Beginning balance at Jun. 30, 2021		32,838	4,105	88,194	256,983		2,570	0	(98,304)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance		2,000
Redemption		0
Shares issued and commitments to issue common stock for employee share-based compensation awards, and related tax effects				227
Other				(64)
Net income	11,687				11,687
Dividends declared:
Preferred stock					(402)
Common stock ($1.00 and $0.90 per share and $2.80 and $2.70 per share, respectively)					(2,992)
Other comprehensive income/(loss), after-tax	(1,607)						(1,607)
Liquidation of RSU Trust								0
Repurchase									(5,240)
Reissuance									46
Ending balance at Sep. 30, 2021	$ 290,041	$ 34,838	$ 4,105	$ 88,357	$ 265,276		$ 963	$ 0	$ (103,498)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Dividends declared:
Dividends declared, Common stock (in dollars per share)	$ 1	$ 0.90	$ 2.80	$ 2.70

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Operating activities
Net income		$ 37,935	$ 16,995
Adjustments to reconcile net income to net cash used in operating activities:
Provision for credit losses		(7,968)	19,369
Depreciation and amortization		6,001	6,487
Deferred tax (benefit)/expense	[1]	(1,063)	(5,139)
Other		2,662	1,245
Originations and purchases of loans held-for-sale		(259,159)	(112,142)
Proceeds from sales, securitizations and paydowns of loans held-for-sale		244,966	120,786
Net change in:
Trading assets		2,700	(145,124)
Securities borrowed		(42,471)	(2,509)
Accrued interest and accounts receivable		(26,148)	(4,398)
Other assets	[1]	(358)	(28,732)
Trading liabilities		(10,668)	63,516
Accounts payable and other liabilities	[1]	47,547	16,495
Other operating adjustments		(987)	1,293
Net cash (used in) operating activities		(7,011)	(51,858)
Net change in:
Federal funds sold and securities purchased under resale agreements		14,089	(70,597)
Held-to-maturity securities:
Proceeds from paydowns and maturities		39,106	11,498
Purchases		(78,976)	(5,528)
Available-for-sale securities:
Proceeds from paydowns and maturities		39,346	43,709
Proceeds from sales		146,858	110,354
Purchases		(163,211)	(281,147)
Proceeds from sales and securitizations of loans held-for-investment		25,981	18,509
Other changes in loans, net		(45,028)	(21,606)
All other investing activities, net		(7,351)	(3,398)
Net cash (used in) investing activities		(29,186)	(198,206)
Net change in:
Deposits		234,716	452,454
Federal funds purchased and securities loaned or sold under repurchase agreements		39,753	52,745
Short-term borrowings		4,710	1,945
Beneficial interests issued by consolidated VIEs		(1,839)	2,838
Proceeds from long-term borrowings		69,272	64,243
Payments of long-term borrowings		(46,041)	(90,481)
Proceeds from issuance of preferred stock		7,350	4,500
Redemption of preferred stock		(2,575)	(1,430)
Treasury stock repurchased		(16,286)	(6,517)
Dividends paid		(9,472)	(9,551)
All other financing activities, net		(1,573)	(59)
Net cash provided by financing activities		278,015	470,687
Effect of exchange rate changes on cash and due from banks and deposits with banks		(9,558)	3,268
Net increase in cash and due from banks and deposits with banks		232,260	223,891
Cash and due from banks and deposits with banks at the beginning of the period		527,609	263,631
Cash and due from banks and deposits with banks at the end of the period		759,869	487,522
Cash interest paid		3,882	11,576
Cash income taxes paid, net	[1]	$ 17,617	$ 6,523
[1]	Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information on the revisions to the operating activities.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of presentation JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”), a financial holding company incorporated under Delaware law in 1968, is a leading financial services firm based in the U.S., with operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Refer to Note 25 for a further discussion of the Firm’s business segments. The accounting and financial reporting policies of JPMorgan Chase and its subsidiaries conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by regulatory authorities. The unaudited Consolidated Financial Statements prepared in conformity with U.S. GAAP require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expense, and the disclosures of contingent assets and liabilities. Actual results could be different from these estimates. In the opinion of management, all normal, recurring adjustments have been included such that this interim financial information is fairly stated. These unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements, and related notes thereto, included in JPMorgan Chase’s 2020 Form 10-K. Certain amounts reported in prior periods have been reclassified to conform with the current presentation, including certain deferred investment tax credits. In the first quarter of 2021 the Firm reclassified certain deferred investment tax credits from accounts payable and other liabilities to other assets to be a reduction to the carrying value of the associated tax-oriented investments. The reclassification also resulted in an increase in income tax expense and a corresponding increase in other income, with no effect on net income. Prior-period amounts have been revised to conform with the current presentation, including the Firm’s effective income tax rate. The reclassification did not change the Firm’s results of operations on a managed basis. Consolidation The Consolidated Financial Statements include the accounts of JPMorgan Chase and other entities in which the Firm has a controlling financial interest. All material intercompany balances and transactions have been eliminated. Assets held for clients in an agency or fiduciary capacity by the Firm are not assets of JPMorgan Chase and are not included on the Consolidated balance sheets. The Firm determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity or a variable interest entity. Refer to Notes 1 and 14 of JPMorgan Chase’s 2020 Form 10-K for a further description of JPMorgan Chase’s accounting policies regarding consolidation. Offsetting assets and liabilities U.S. GAAP permits entities to present derivative receivables and derivative payables with the same counterparty and the related cash collateral receivables and payables on a net basis on the Consolidated balance sheets when a legally enforceable master netting agreement exists. U.S. GAAP also permits securities financing activities to be presented on a net basis when specified conditions are met, including the existence of a legally enforceable master netting agreement. The Firm has elected to net such balances when the specified conditions are met. Refer to Note 1 of JPMorgan Chase’s 2020 Form 10-K for further information on offsetting assets and liabilities. Income tax expense The Firm’s effective tax rate was 17.2% and 19.1% for the three and nine months ended September 30, 2021, respectively, and 19.8% and 17.7% for the three and nine months ended September 30, 2020, respectively. The effective tax rate for the three and nine months ended September 30, 2021 reflects the recognition of an income tax benefit of $566 million related to finalizing the Firm’s 2020 U.S. federal tax return, which reduced the Firm’s effective tax rate by 4.0% and 1.2% respectively. The tax benefit included state and local impacts of federal tax method changes and a reduction in the valuation allowance for U.S. foreign tax credits. Refer to Note 25 of JPMorgan Chase’s 2020 Form 10-K for further information.

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair value measurement Refer to Note 2 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the Firm’s valuation methodologies for assets, liabilities and lending-related commitments measured at fair value and the fair value hierarchy. The following table presents the assets and liabilities reported at fair value as of September 30, 2021, and December 31, 2020, by major product category and fair value hierarchy. Assets and liabilities measured at fair value on a recurring basis Fair value hierarchy Derivative (f) September 30, 2021 (in millions) Level 1 Level 2 Level 3 Total fair value Federal funds sold and securities purchased under resale agreements $ — $ 273,158 $ — $ — $ 273,158 Securities borrowed — 72,833 — — 72,833 Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 35,746 299 — 36,045 Residential – nonagency — 2,281 24 — 2,305 Commercial – nonagency — 1,662 19 — 1,681 Total mortgage-backed securities — 39,689 342 — 40,031 U.S. Treasury, GSEs and government agencies (a) 87,623 9,282 — — 96,905 Obligations of U.S. states and municipalities — 6,735 7 — 6,742 Certificates of deposit, bankers’ acceptances and commercial paper — 2,567 — — 2,567 Non-U.S. government debt securities 41,486 48,345 104 — 89,935 Corporate debt securities — 31,472 370 — 31,842 Loans — 6,359 982 — 7,341 Asset-backed securities — 2,569 28 — 2,597 Total debt instruments 129,109 147,018 1,833 — 277,960 Equity securities 124,349 1,658 634 — 126,641 Physical commodities (b) 6,471 12,887 — — 19,358 Other — 23,920 58 — 23,978 Total debt and equity instruments (c) 259,929 185,483 2,525 — 447,937 Derivative receivables: Interest rate 1,931 281,315 1,863 (260,343) 24,766 Credit — 10,032 492 (9,349) 1,175 Foreign exchange 235 162,182 779 (148,671) 14,525 Equity — 71,346 3,076 (63,930) 10,492 Commodity — 35,781 534 (19,365) 16,950 Total derivative receivables 2,166 560,656 6,744 (501,658) 67,908 Total trading assets (d) 262,095 746,139 9,269 (501,658) 515,845 Available-for-sale securities: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 73,049 — — 73,049 Residential – nonagency — 6,373 — — 6,373 Commercial – nonagency — 3,132 — — 3,132 Total mortgage-backed securities — 82,554 — — 82,554 U.S. Treasury and government agencies 121,471 — — — 121,471 Obligations of U.S. states and municipalities — 17,515 — — 17,515 Non-U.S. government debt securities 5,457 10,368 — — 15,825 Corporate debt securities — 165 95 — 260 Asset-backed securities: Collateralized loan obligations — 9,137 — — 9,137 Other — 4,828 — — 4,828 Total available-for-sale securities 126,928 124,567 95 — 251,590 Loans (e) — 58,557 2,071 — 60,628 Mortgage servicing rights — — 5,351 — 5,351 Other assets (d) 9,332 4,061 321 — 13,714 Total assets measured at fair value on a recurring basis $ 398,355 $ 1,279,315 $ 17,107 $ (501,658) $ 1,193,119 Deposits $ — $ 9,431 $ 2,377 $ — $ 11,808 Federal funds purchased and securities loaned or sold under repurchase agreements — 187,439 — — 187,439 Short-term borrowings — 17,622 2,411 — 20,033 Trading liabilities: Debt and equity instruments (c) 98,932 27,096 30 — 126,058 Derivative payables: Interest rate 1,661 248,655 1,976 (243,460) 8,832 Credit — 11,301 498 (10,406) 1,393 Foreign exchange 248 160,511 1,336 (148,090) 14,005 Equity — 79,924 6,913 (69,063) 17,774 Commodity — 33,037 1,406 (22,962) 11,481 Total derivative payables 1,909 533,428 12,129 (493,981) 53,485 Total trading liabilities 100,841 560,524 12,159 (493,981) 179,543 Accounts payable and other liabilities 4,957 332 51 — 5,340 Beneficial interests issued by consolidated VIEs — 99 — — 99 Long-term debt — 52,985 23,514 — 76,499 Total liabilities measured at fair value on a recurring basis $ 105,798 $ 828,432 $ 40,512 $ (493,981) $ 480,761 Fair value hierarchy Derivative (f) December 31, 2020 (in millions) Level 1 Level 2 Level 3 Total fair value Federal funds sold and securities purchased under resale agreements $ — $ 238,015 $ — $ — $ 238,015 Securities borrowed — 52,983 — — 52,983 Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 68,395 449 — 68,844 Residential – nonagency — 2,138 28 — 2,166 Commercial – nonagency — 1,327 3 — 1,330 Total mortgage-backed securities — 71,860 480 — 72,340 U.S. Treasury, GSEs and government agencies (a) 104,263 10,996 — — 115,259 Obligations of U.S. states and municipalities — 7,184 8 — 7,192 Certificates of deposit, bankers’ acceptances and commercial paper — 1,230 — — 1,230 Non-U.S. government debt securities 26,772 40,671 182 — 67,625 Corporate debt securities — 21,017 507 — 21,524 Loans — 6,101 893 — 6,994 Asset-backed securities — 2,304 28 — 2,332 Total debt instruments 131,035 161,363 2,098 — 294,496 Equity securities 97,035 2,652 476 (g) — 100,163 Physical commodities (b) 6,382 5,189 — — 11,571 Other — 21,351 (g) 49 (g) — 21,400 Total debt and equity instruments (c) 234,452 190,555 2,623 — 427,630 Derivative receivables: Interest rate (g) 2,318 387,023 2,307 (355,923) 35,725 Credit (g) — 12,721 624 (12,665) 680 Foreign exchange 146 205,127 987 (190,479) 15,781 Equity — 67,093 (g) 3,519 (54,125) 16,487 Commodity — 21,272 231 (14,732) 6,771 Total derivative receivables 2,464 693,236 7,668 (627,924) 75,444 Total trading assets (d) 236,916 883,791 10,291 (627,924) 503,074 Available-for-sale securities: Mortgage-backed securities: U.S. GSEs and government agencies (a)(g) 7 113,294 — — 113,301 Residential – nonagency — 10,233 — — 10,233 Commercial – nonagency — 2,856 — — 2,856 Total mortgage-backed securities 7 126,383 — — 126,390 U.S. Treasury and government agencies 201,951 — — — 201,951 Obligations of U.S. states and municipalities — 20,396 — — 20,396 Non-U.S. government debt securities 13,135 9,793 — — 22,928 Corporate debt securities — 216 — — 216 Asset-backed securities: Collateralized loan obligations — 10,048 — — 10,048 Other — 6,249 — — 6,249 Total available-for-sale securities 215,093 173,085 — — 388,178 Loans (e) — 42,169 2,305 — 44,474 Mortgage servicing rights — — 3,276 — 3,276 Other assets (d) 8,110 4,561 538 — 13,209 Total assets measured at fair value on a recurring basis $ 460,119 $ 1,394,604 $ 16,410 $ (627,924) $ 1,243,209 Deposits $ — $ 11,571 $ 2,913 $ — $ 14,484 Federal funds purchased and securities loaned or sold under repurchase agreements — 155,735 — — 155,735 Short-term borrowings — 14,473 2,420 — 16,893 Trading liabilities: Debt and equity instruments (c) 82,669 16,838 51 — 99,558 Derivative payables: Interest rate (g) 2,496 349,442 2,049 (340,975) 13,012 Credit (g) — 13,984 848 (12,837) 1,995 Foreign exchange 132 214,373 1,421 (194,493) 21,433 Equity — 74,032 7,381 (55,515) 25,898 Commodity — 21,767 962 (14,444) 8,285 Total derivative payables 2,628 673,598 12,661 (618,264) 70,623 Total trading liabilities 85,297 690,436 12,712 (618,264) 170,181 Accounts payable and other liabilities 2,895 513 68 — 3,476 Beneficial interests issued by consolidated VIEs — 41 — — 41 Long-term debt — 53,420 23,397 — 76,817 Total liabilities measured at fair value on a recurring basis $ 88,192 $ 926,189 $ 41,510 $ (618,264) $ 437,627 (a) At September 30, 2021, and December 31, 2020, included total U.S. GSE obligations of $68.6 billion and $117.6 billion, respectively, which were mortgage-related. (b) Physical commodities inventories are generally accounted for at the lower of cost or net realizable value. “Net realizable value” is a term defined in U.S. GAAP as not exceeding fair value less costs to sell (“transaction costs”). Transaction costs for the Firm’s physical commodities inventories are either not applicable or immaterial to the value of the inventory. Therefore, net realizable value approximates fair value for the Firm’s physical commodities inventories. When fair value hedging has been applied (or when net realizable value is below cost), the carrying value of physical commodities approximates fair value, because under fair value hedge accounting, the cost basis is adjusted for changes in fair value. Refer to Note 4 for a further discussion of the Firm’s hedge accounting relationships. To provide consistent fair value disclosure information, all physical commodities inventories have been included in each period presented. (c) Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions). (d) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient are not required to be classified in the fair value hierarchy. At September 30, 2021, and December 31, 2020, the fair values of these investments, which include certain hedge funds, private equity funds, real estate and other funds, were $813 million and $670 million, respectively. Included in these balances at September 30, 2021, and December 31, 2020, were trading assets of $56 million and $52 million, respectively, and other assets of $757 million and $618 million, respectively. (e) At September 30, 2021, and December 31, 2020, included $27.2 billion and $15.1 billion, respectively, of residential first-lien mortgages, and $8.1 billion and $6.3 billion, respectively, of commercial first-lien mortgages. Residential mortgage loans include conforming mortgage loans originated with the intent to sell to U.S. GSEs and government agencies of $13.1 billion and $8.4 billion, respectively. (f) As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. The level 3 balances would be reduced if netting were applied, including the netting benefit associated with cash collateral. (g) Prior-period amounts have been revised to conform with the current presentation. Level 3 valuations Refer to Note 2 of JPMorgan Chase’s 2020 Form 10-K for further information on the Firm’s valuation process and a detailed discussion of the determination of fair value for individual financial instruments. The following table presents the Firm’s primary level 3 financial instruments, the valuation techniques used to measure the fair value of those financial instruments, the significant unobservable inputs, the range of values for those inputs and the weighted or arithmetic averages of such inputs. While the determination to classify an instrument within level 3 is based on the significance of the unobservable inputs to the overall fair value measurement, level 3 financial instruments typically include observable components (that is, components that are actively quoted and can be validated to external sources) in addition to the unobservable components. The level 1 and/or level 2 inputs are not included in the table. In addition, the Firm manages the risk of the observable components of level 3 financial instruments using securities and derivative positions that are classified within levels 1 or 2 of the fair value hierarchy. The range of values presented in the table is representative of the highest and lowest level input used to value the significant groups of instruments within a product/instrument classification. Where provided, the weighted averages of the input values presented in the table are calculated based on the fair value of the instruments that the input is being used to value. In the Firm’s view, the input range, weighted and arithmetic average values do not reflect the degree of input uncertainty or an assessment of the reasonableness of the Firm’s estimates and assumptions. Rather, they reflect the characteristics of the various instruments held by the Firm and the relative distribution of instruments within the range of characteristics. For example, two option contracts may have similar levels of market risk exposure and valuation uncertainty, but may have significantly different implied volatility levels because the option contracts have different underlyings, tenors, or strike prices. The input range and weighted average values will therefore vary from period-to-period and parameter-to-parameter based on the characteristics of the instruments held by the Firm at each balance sheet date. Level 3 inputs (a) September 30, 2021 Product/Instrument Fair value (in millions) Principal valuation technique Unobservable inputs (g) Range of input values Average (i) Residential mortgage-backed securities and loans (b) $ 1,161 Discounted cash flows Yield (2)% – 15% 4% Prepayment speed 0% – 100% 12% Conditional default rate 0% – 30% 5% Loss severity 0% – 110% 5% Commercial mortgage-backed securities and loans (c) 480 Market comparables Price $0 – $100 $84 Corporate debt securities 465 Market comparables Price $2 – $150 $95 Loans (d) 1,754 Market comparables Price $5 – $104 $86 Asset-backed securities 28 Market comparables Price $6 – $99 $56 Net interest rate derivatives (118) Option pricing Interest rate volatility 8bps – 569bps 120bps Interest rate spread volatility 11bps – 23bps 15bps Interest rate correlation (65)% – 95% 33% IR-FX correlation (35)% – 50% (3)% 5 Discounted cash flows Prepayment speed 0% – 30% 8% Net credit derivatives (56) Discounted cash flows Credit correlation 33% – 63% 45% Credit spread 1bps – 2,539 bps 395bps Recovery rate 40% – 67% 54% Conditional default rate 100% 100% Loss severity 100% 100% 50 Market comparables Price $0 $115 $78 Net foreign exchange derivatives (448) Option pricing IR-FX correlation (40)% – 65% 21% (109) Discounted cash flows Prepayment speed 9% 9% 9% Net equity derivatives (3,837) Option pricing Forward equity price (h) 61% – 123% 99% Equity volatility 2% – 144% 29% Equity correlation 12% – 100% 55% Equity-FX correlation (79)% – 59% (27)% Equity-IR correlation 15% – 50% 28% Net commodity derivatives (872) Option pricing Oil Commodity Forward $635 / MT – $850 / MT $743 / MT Forward power price $24 / MWH – $64 / MWH $44 / MWH Commodity volatility 2% – 142% 72% Commodity correlation (50)% – 77% 14% MSRs 5,351 Discounted cash flows Refer to Note 14 Long-term debt, short-term borrowings, and deposits (e) 27,319 Option pricing Interest rate volatility 8bps – 569bps 120bps Interest rate correlation (65)% – 95% 33% IR-FX correlation (35)% – 50% (3)% Equity correlation 12% – 100% 55% Equity-FX correlation (79)% – 59% (27)% Equity-IR correlation 15% – 50% 28% 983 Discounted cash flows Credit correlation 33% – 63% 45% Other level 3 assets and liabilities, net (f) 1,043 (a) The categories presented in the table have been aggregated based upon the product type, which may differ from their classification on the Consolidated balance sheets. Furthermore, the inputs presented for each valuation technique in the table are, in some cases, not applicable to every instrument valued using the technique as the characteristics of the instruments can differ. (b) Comprises U.S. GSE and government agency securities of $299 million, nonagency securities of $24 million and non-trading loans of $838 million. (c) Comprises nonagency securities of $19 million, trading loans of $41 million and non-trading loans of $420 million. (d) Comprises trading loans of $941 million and non-trading loans of $813 million. (e) Long-term debt, short-term borrowings and deposits include structured notes issued by the Firm that are financial instruments that typically contain embedded derivatives. The estimation of the fair value of structured notes includes the derivative features embedded within the instrument. The significant unobservable inputs are broadly consistent with those presented for derivative receivables. (f) Includes equity securities of $1.0 billion including $379 million in Other Assets, for which quoted prices are not readily available and the fair value is generally based on internal valuation techniques such as EBITDA multiples and comparable analysis. All other level 3 assets and liabilities are insignificant both individually and in aggregate. (g) Price is a significant unobservable input for certain instruments. When quoted market prices are not readily available, reliance is generally placed on price-based internal valuation techniques. The price input is expressed assuming a par value of $100. (h) Forward equity price is expressed as a percentage of the current equity price. (i) Amounts represent weighted averages except for derivative related inputs where arithmetic averages are used. Changes in and ranges of unobservable inputs Refer to Note 2 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the impact on fair value of changes in unobservable inputs and the relationships between unobservable inputs as well as a description of attributes of the underlying instruments and external market factors that affect the range of inputs used in the valuation of the Firm’s positions. Changes in level 3 recurring fair value measurements The following tables include a rollforward of the Consolidated balance sheets amounts (including changes in fair value) for financial instruments classified by the Firm within level 3 of the fair value hierarchy for the three and nine months ended September 30, 2021 and 2020. When a determination is made to classify a financial instrument within level 3, the determination is based on the significance of the unobservable inputs to the overall fair value measurement. However, level 3 financial instruments typically include, in addition to the unobservable or level 3 components, observable components (that is, components that are actively quoted and can be validated to external sources); accordingly, the gains and losses in the table below include changes in fair value due in part to observable factors that are part of the valuation methodology. Also, the Firm risk-manages the observable components of level 3 financial instruments using securities and derivative positions that are classified within level 1 or 2 of the fair value hierarchy; as these level 1 and level 2 risk management instruments are not included below, the gains or losses in the following tables do not reflect the effect of the Firm’s risk management activities related to such level 3 instruments. Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 329 $ (12) $ 13 $ (6) $ (25) $ — $ — $ 299 $ (12) Residential – nonagency 16 — 9 — (1) — — 24 (1) Commercial – nonagency 10 7 1 — (13) 14 — 19 6 Total mortgage-backed securities 355 (5) 23 (6) (39) 14 — 342 (7) Obligations of U.S. states and municipalities 8 — — — (1) — — 7 — Non-U.S. government debt securities 183 (2) 128 (98) — — (107) 104 (1) Corporate debt securities 487 (33) 38 (115) (3) 25 (29) 370 (25) Loans 795 — 219 (197) (130) 409 (114) 982 2 Asset-backed securities 35 1 3 (4) — — (7) 28 — Total debt instruments 1,863 (39) 411 (420) (173) 448 (257) 1,833 (31) Equity securities 690 (41) 5 (44) — 62 (38) 634 (34) Other 47 26 17 — (31) — (1) 58 26 Total trading assets – debt and equity instruments 2,600 (54) (c) 433 (464) (204) 510 (296) 2,525 (39) (c) Net derivative receivables: (b) Interest rate (22) 618 21 (44) (683) 13 (16) (113) 246 Credit (17) (9) 4 (7) 59 (4) (32) (6) (1) Foreign exchange (583) 2 28 (44) 41 (5) 4 (557) 15 Equity (4,936) 723 192 (1,001) 912 214 59 (3,837) 397 Commodity (1,167) 88 130 (88) 156 (2) 11 (872) 178 Total net derivative receivables (6,725) 1,422 (c) 375 (1,184) 485 216 26 (5,385) 835 (c) Available-for-sale securities: Corporate debt securities — — 95 — — — — 95 — Total available-for-sale securities — — 95 — — — — 95 — Loans 1,734 (13) (c) 209 (1) (180) 427 (105) 2,071 (11) (c) Mortgage servicing rights 4,549 (11) (d) 1,013 1 (201) — — 5,351 (11) (d) Other assets 518 (35) (c) 3 — (165) — — 321 (34) (c) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 2,684 $ (11) (c)(e) $ — $ — $ 33 $ (172) $ — $ (157) $ 2,377 $ (7) (c)(e) Short-term borrowings 3,075 (699) (c)(e) — — 1,166 (1,121) — (10) 2,411 (124) (c)(e) Trading liabilities – debt and equity instruments 36 (2) (c) (8) 2 — — 3 (1) 30 1 (c) Accounts payable and other liabilities 51 — — — — — — — 51 1 (c) Long-term debt 23,527 (216) (c)(e) — — 2,950 (2,512) 11 (246) 23,514 (242) (c)(e) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 469 $ (4) $ 110 $ (28) $ (40) $ — $ — $ 507 $ (2) Residential – nonagency 23 — 8 (2) (1) — (3) 25 — Commercial – nonagency 2 — — — — — — 2 — Total mortgage-backed securities 494 (4) 118 (30) (41) — (3) 534 (2) Obligations of U.S. states and municipalities 8 — — — — — — 8 — Non-U.S. government debt securities 167 6 25 (23) (2) — (8) 165 6 Corporate debt securities 946 45 114 (33) (225) 4 (202) 649 45 Loans 905 22 240 (173) (21) 69 (312) 730 8 Asset-backed securities 39 3 5 (21) (2) 9 — 33 — Total debt instruments 2,559 72 502 (280) (291) 82 (525) 2,119 57 Equity securities 191 24 13 (104) — 104 (42) 186 29 Other 379 75 203 (4) (2) 2 — 653 77 Total trading assets – debt and equity instruments 3,129 171 (c) 718 (388) (293) 188 (567) 2,958 163 (c) Net derivative receivables: (b) Interest rate (104) 657 15 (30) (647) 35 102 28 323 Credit (137) (62) 22 (16) 154 (12) 2 (49) (21) Foreign exchange (595) (57) 7 (7) (34) 7 3 (676) (90) Equity (2,036) (1,437) 323 (384) 29 33 369 (3,103) (1,051) Commodity (297) 15 11 (79) 36 (302) (5) (621) 39 Total net derivative receivables (3,169) (884) (c) 378 (516) (462) (239) 471 (4,421) (800) (c) Available-for-sale securities: Mortgage-backed securities — — — — — — — — — Total available-for-sale securities — — — — — — — — — Loans 1,874 (44) (c) 197 (44) (324) 316 (169) 1,806 (44) (c) Mortgage servicing rights 3,080 34 (d) 221 (104) (215) — — 3,016 34 (d) Other assets 701 (21) (c) 5 — (27) — — 658 32 (c) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 3,217 $ 43 (c)(e) $ — $ — $ 170 $ (110) $ — $ (264) $ 3,056 $ 87 (c)(e) Short-term borrowings 2,305 (47) (c)(e) — — 1,421 (1,093) 25 (3) 2,608 (47) (c)(e) Trading liabilities – debt and equity instruments 59 (2) (c) (5) 5 — 1 3 (4) 57 (3) (c) Accounts payable and other liabilities 91 3 (c) (62) 4 — — 8 — 44 3 (c) Beneficial interests issued by consolidated VIEs — — — — — — — — — — Long-term debt 22,728 766 (c)(e) — — 1,225 (2,493) 78 (88) 22,216 646 (c)(e) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 449 $ (22) $ 20 $ (62) $ (86) $ 1 $ (1) $ 299 $ (25) Residential – nonagency 28 1 24 (24) (4) — (1) 24 (2) Commercial – nonagency 3 7 12 (1) (16) 14 — 19 6 Total mortgage-backed securities 480 (14) 56 (87) (106) 15 (2) 342 (21) Obligations of U.S. states and municipalities 8 — — — (1) — — 7 — Non-U.S. government debt securities 182 (10) 330 (284) (7) — (107) 104 (2) Corporate debt securities 507 (18) 357 (415) (3) 138 (196) 370 (3) Loans 893 6 785 (434) (256) 584 (596) 982 — Asset-backed securities 28 8 41 (43) (1) 2 (7) 28 — Total debt instruments 2,098 (28) 1,569 (1,263) (374) 739 (908) 1,833 (26) Equity securities 476 (38) 258 (114) — 140 (88) 634 (92) Other 49 74 118 — (86) 3 (100) 58 37 Total trading assets – debt and equity instruments 2,623 8 (c) 1,945 (1,377) (460) 882 (1,096) 2,525 (81) (c) Net derivative receivables: (b) Interest rate 258 1,587 92 (146) (1,874) 68 (98) (113) 212 Credit (224) 140 6 (11) 103 (13) (7) (6) 143 Foreign exchange (434) (196) 67 (98) 140 6 (42) (557) (44) Equity (3,862) (195) 667 (2,246) 1,638 233 (72) (3,837) (187) Commodity (731) (505) 140 (382) 600 (3) 9 (872) (223) Total net derivative receivables (4,993) 831 (c) 972 (2,883) 607 291 (210) (5,385) (99) (c) Available-for-sale securities: Corporate debt securities — — 95 — — — — 95 — Total available-for-sale securities — — 95 — — — — 95 — Loans 2,305 (79) (c) 516 (326) (699) 1,027 (673) 2,071 (92) (c) Mortgage servicing rights 3,276 258 (d) 2,410 (23) (570) — — 5,351 258 (d) Other assets 538 9 (c) 10 (18) (217) — (1) 321 22 (c) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 2,913 $ (67) (c)(e) $ — $ — $ 252 $ (360) $ 2 $ (363) $ 2,377 $ (60) (c)(e) Short-term borrowings 2,420 (1,095) (c)(e) — — 5,479 (4,333) 9 (69) 2,411 (117) (c)(e) Trading liabilities – debt and equity instruments 51 (6) (c) (100) 36 — — 62 (13) 30 (2) (c) Accounts payable and other liabilities 68 (10) (c) — 1 — — — (8) 51 (9) (c) Long-term debt 23,397 190 (c)(e) — — 9,884 (9,250) 29 (736) 23,514 48 (c)(e) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 797 $ (153) $ 134 $ (149) $ (122) $ — $ — $ 507 $ (140) Residential – nonagency 23 (1) 12 (4) (2) — (3) 25 2 Commercial – nonagency 4 — 1 — (1) 1 (3) 2 4 Total mortgage-backed securities 824 (154) 147 (153) (125) 1 (6) 534 (134) Obligations of U.S. states and municipalities 10 — — (1) (1) — — 8 — Non-U.S. government debt securities 155 10 164 (148) (7) — (9) 165 7 Corporate debt securities 558 (10) 475 (131) (234) 296 (305) 649 13 Loans 673 (72) 829 (400) (130) 676 (846) 730 (35) Asset-backed securities 37 (4) 42 (36) (5) 9 (10) 33 (1) Total debt instruments 2,257 (230) 1,657 (869) (502) 982 (1,176) 2,119 (150) Equity securities 196 (79) 37 (109) — 259 (118) 186 (40) Other 232 239 213 (9) (23) 4 (3) 653 263 Total trading assets – debt and equity instruments 2,685 (70) (c) 1,907 (987) (525) 1,245 (1,297) 2,958 73 (c) Net derivative receivables: (b) Interest rate (332) 2,052 102 (97) (1,510) (317) 130 28 290 Credit (139) — 70 (150) 137 59 (26) (49) 24 Foreign exchange (607) (214) 46 (16) 75 15 25 (676) (181) Equity (3,395) 564 912 (1,473) 558 (524) 255 (3,103) 1,342 Commodity (16) (248) 22 (107) 54 (306) (20) (621) 363 Total net derivative receivables (4,489) 2,154 (c) 1,152 (1,843) (686) (1,073) 364 (4,421) 1,838 (c) Available-for-sale securities: Mortgage-backed securities 1 — — — (1) — — — — Total available-for-sale securities 1 — — — (1) — — — — Loans 516 (195) (c) 450 (77) (678) 2,312 (522) 1,806 (147) (c) Mortgage servicing rights 4,699 (1,459) (d) 663 (177) (710) — — 3,016 (1,459) (d) Other assets 917 (56) (c) 66 (28) (281) 40 — 658 4 (c) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 3,360 $ 88 (c)(e) $ — $ — $ 636 $ (538) $ 265 $ (755) $ 3,056 $ 137 (c)(e) Short-term borrowings 1,674 (294) (c)(e) — — 3,961 (2,769) 77 (41) 2,608 (27) (c)(e) Trading liabilities – debt and equity instruments 41 1 (c) (81) 12 — (4) 96 (8) 57 — Accounts payable and other liabilities 45 (1) (c) (85) 37 — — 48 — 44 1 (c) Long-term debt 23,339 (639) (c)(e) — — 7,432 (7,851) 1,056 (1,121) 22,216 (507) (c)(e) (a) Level 3 assets at fair value as a percentage of total Firm assets at fair value (including assets measured at fair value on a nonrecurring basis) were 2% and 1% at September 30, 2021 and December 31, 2020, respectively. Level 3 liabilities at fair value as a percentage of total Firm liabilities at fair value (including liabilities measured at fair value on a nonrecurring basis) were 8% and 9% at September 30, 2021 and December 31, 2020, respectively. (b) All level 3 derivatives are presented on a net basis, irrespective of the underlying counterparty. (c) Predominantly reported in principal transactions revenue, except for changes in fair value for CCB mortgage loans and lending-related commitments originated with the intent to sell, and mortgage loan purchase commitments, which are reported in mortgage fees and related income. (d) Changes in fair value for MSRs are reported in mortgage fees and related income. (e) Realized (gains)/losses due to DVA for fair value option elected liabilities are reported in principal transactions revenue, and were not material for the three and nine months ended September 30, 2021 and 2020. Unrealized (gains)/losses are reported in OCI, and were $318 million and $120 million for the three months ended September 30, 2021 and 2020, respectively, and $300 million and $(78) million for the nine months ended September 30, 2021 and 2020, respectively. (f) Loan originations are included in purchases. (g) Includes financial assets and liabilities that have matured, been partially or fully repaid, impacts of modifications, deconsolidations associated with beneficial interests in VIEs and other items. Level 3 analysis Consolidated balance sheets changes The following describes significant changes to level 3 assets since December 31, 2020, for those items measured at fair value on a recurring basis. Refer to Assets and liabilities measured at fair value on a nonrecurring basis on page 109 for further information on changes impacting items measured at fair value on a nonrecurring basis. Three and nine months ended September 30, 2021 Level 3 assets were $17.1 billion at September 30, 2021, reflecting an increase of $1.2 billion from June 30, 2021 and an increase of $697 million from December 31, 2020. The increase for the three months ended September 30, 2021 was largely driven by an $802 million increase in MSRs. The increase for the nine months ended September 30, 2021 was predominantly driven by: • a $2.1 billion increase in MSRs. partially offset by • $444 million decrease in gross interest rate derivative receivables due to settlements net of gains and $443 million decrease in gross equity derivative receivables due to settlements and transfers net of gains. Refer to Note 14 for information on MSRs. Refer to the sections below for additional information. Transfers between levels for instruments carried at fair value on a recurring basis For the three months ended September 30, 2021, there were no significant transfers from level 2 into level 3. For the nine months ended September 30, 2021, significant transfers from level 2 into level 3 included the following: • $882 million of total debt and equity instruments, largely trading loans, driven by a decrease in observability. • $937 million of gross equity derivative receivables and $704 million of gross equity derivative payables as a result of a decrease in observability and an increase in the significance of unobservable inputs. • $1.0 billion of non-trading loans driven by a decrease in observability. For the three months ended September 30, 2021, there were no significant transfers from level 3 into level 2. For the nine months ended September 30, 2021, significant transfers from level 3 into level 2 included the following: • $1.1 billion of total debt and equity instruments, largely trading loans, driven by an increase in observability. • $1.7 billion of gross equity derivative receivables and $1.6 billion of gross equity derivative payables as a result of an increase in observability and a decrease in the significance of unobservable inputs. • $673 million of non-trading loan

Fair Value Option

Fair Value Option	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Option	Fair value option The fair value option provides an option to elect fair value as an alternative measurement for selected financial assets, financial liabilities, unrecognized firm commitments, and written loan commitments. The Firm has elected to measure certain instruments at fair value for several reasons including to mitigate income statement volatility caused by the differences between the measurement basis of elected instruments (e.g., certain instruments that otherwise would be accounted for on an accrual basis) and the associated risk management arrangements that are accounted for on a fair value basis, as well as to better reflect those instruments that are managed on a fair value basis. The Firm’s election of fair value includes the following instruments: • Loans purchased or originated as part of securitization warehousing activity, subject to bifurcation accounting, or managed on a fair value basis, including lending-related commitments • Certain securities financing agreements • Owned beneficial interests in securitized financial assets that contain embedded credit derivatives, which would otherwise be required to be separately accounted for as a derivative instrument • Structured notes, which are predominantly financial instruments that contain embedded derivatives that are issued as part of client-driven activities • Certain long-term beneficial interests issued by CIB’s consolidated securitization trusts where the underlying assets are carried at fair value Changes in fair value under the fair value option election The following table presents the changes in fair value included in the Consolidated statements of income for the three and nine months ended September 30, 2021 and 2020, for items for which the fair value option was elected. The profit and loss information presented below only includes the financial instruments that were elected to be measured at fair value; related risk management instruments, which are required to be measured at fair value, are not included in the table. Three months ended September 30, 2021 2020 (in millions) Principal transactions All other income Total changes in fair value recorded (e) Principal transactions All other income Total changes in fair value recorded (e) Federal funds sold and securities purchased under resale agreements $ (19) $ — $ (19) $ (148) $ — $ (148) Securities borrowed (22) — (22) 5 — 5 Trading assets: Debt and equity instruments, excluding loans (2,255) — (2,255) 1,780 (f) — 1,780 Loans reported as trading assets: Changes in instrument-specific credit risk 66 — 66 216 — 216 Other changes in fair value 1 — 1 — — — Loans: Changes in instrument-specific credit risk 119 (7) (c) 112 112 (13) (c) 99 Other changes in fair value 25 609 (c) 634 93 928 (c) 1,021 Other assets (22) — (22) (28) (7) (d) (35) Deposits (a) 38 — 38 (147) — (147) Federal funds purchased and securities loaned or sold under repurchase agreements 11 — 11 58 — 58 Short-term borrowings (a) 388 — 388 (54) — (54) Trading liabilities (1) — (1) 1 — 1 Other liabilities (1) — (1) (8) — (8) Long-term debt (a)(b) 643 11 (c)(d) 654 (530) (4) (c) (534) Nine months ended September 30, 2021 2020 (in millions) Principal transactions All other income Total changes in fair value recorded (e) Principal transactions All other income Total changes in fair value recorded (e) Federal funds sold and securities purchased under resale agreements $ (33) $ — $ (33) $ 96 $ — $ 96 Securities borrowed (119) — (119) 173 — 173 Trading assets: Debt and equity instruments, excluding loans (1,188) (1) (c) (1,189) 1,083 (f) (1) (c) 1,082 Loans reported as trading assets: Changes in instrument-specific credit risk 342 — 342 (39) — (39) Other changes in fair value (7) — (7) 1 — 1 Loans: Changes in instrument-specific credit risk 540 (9) (c) 531 143 2 (c) 145 Other changes in fair value (82) 1,733 (c) 1,651 357 2,423 (c) 2,780 Other assets 6 (23) (d) (17) 74 1 (d) 75 Deposits (a) (53) — (53) (612) — (612) Federal funds purchased and securities loaned or sold under repurchase agreements 42 — 42 (20) — (20) Short-term borrowings (a) (223) — (223) 1,035 — 1,035 Trading liabilities (2) — (2) 1 — 1 Other liabilities 1 — 1 (54) — (54) Long-term debt (a)(b) (262) 6 (c)(d) (256) 70 (1) (c) 69 (a) Unrealized gains/(losses) due to instrument-specific credit risk (DVA) for liabilities for which the fair value option has been elected are recorded in OCI, while realized gains/(losses) are recorded in principal transactions revenue. Realized gains/(losses) due to instrument-specific credit risk recorded in principal transactions revenue were $(6) million and $1 million for the three months ended September 30, 2021 and 2020, respectively and $(8) million and $20 million for the nine months ended September 30, 2021 and 2020, respectively. (b) Long-term debt measured at fair value predominantly relates to structured notes. Although the risk associated with the structured notes is actively managed, the gains/(losses) reported in this table do not include the income statement impact of the risk management instruments used to manage such risk. (c) Reported in mortgage fees and related income. (d) Reported in other income. (e) Changes in fair value exclude contractual interest, which is included in interest income and interest expense for all instruments other than certain hybrid financial instruments recorded in CIB. Refer to Note 6 for further information regarding interest income and interest expense. (f) Prior-period amounts have been revised to conform with the current presentation. Difference between aggregate fair value and aggregate remaining contractual principal balance outstanding The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding as of September 30, 2021, and December 31, 2020, for loans, long-term debt and long-term beneficial interests for which the fair value option has been elected. September 30, 2021 December 31, 2020 (in millions) Contractual principal outstanding Fair value Fair value over/(under) contractual principal outstanding Contractual principal outstanding Fair value Fair value over/(under) contractual principal outstanding Loans Nonaccrual loans Loans reported as trading assets $ 3,591 $ 642 $ (2,949) $ 3,386 $ 555 $ (2,831) Loans 1,193 1,055 (138) 1,867 1,507 (360) Subtotal 4,784 1,697 (3,087) 5,253 2,062 (3,191) 90 or more days past due and government guaranteed Loans (a) 301 289 (12) 328 317 (11) All other performing loans (b) Loans reported as trading assets 7,950 6,699 (1,251) 7,917 6,439 (1,478) Loans 58,949 59,284 335 42,022 42,650 628 Subtotal 66,899 65,983 (916) 49,939 49,089 (850) Total loans $ 71,984 $ 67,969 $ (4,015) $ 55,520 $ 51,468 $ (4,052) Long-term debt Principal-protected debt $ 37,445 (d) $ 35,244 $ (2,201) $ 40,560 (d) $ 40,526 $ (34) Nonprincipal-protected debt (c) NA 41,255 NA NA 36,291 NA Total long-term debt NA $ 76,499 NA NA $ 76,817 NA Long-term beneficial interests Nonprincipal-protected debt (c) NA $ 99 NA NA $ 41 NA Total long-term beneficial interests NA $ 99 NA NA $ 41 NA (a) These balances are excluded from nonaccrual loans as the loans are insured and/or guaranteed by U.S. government agencies. (b) There were no performing loans that were ninety days or more past due as of September 30, 2021, and December 31, 2020, respectively. (c) Remaining contractual principal is not applicable to nonprincipal-protected structured notes and long-term beneficial interests. Unlike principal-protected structured notes and long-term beneficial interests, for which the Firm is obligated to return a stated amount of principal at maturity, nonprincipal-protected structured notes and long-term beneficial interests do not obligate the Firm to return a stated amount of principal at maturity, but for structured notes to return an amount based on the performance of an underlying variable or derivative feature embedded in the note. However, investors are exposed to the credit risk of the Firm as issuer for both nonprincipal-protected and principal-protected notes. (d) Where the Firm issues principal-protected zero-coupon or discount notes, the balance reflects the contractual principal payment at maturity or, if applicable, the contractual principal payment at the Firm’s next call date. At September 30, 2021, and December 31, 2020, the contractual amount of lending-related commitments for which the fair value option was elected was $16.9 billion and $18.1 billion, respectively, with a corresponding fair value of $(2) million and $(39) million, respectively. Refer to Note 28 of JPMorgan Chase’s 2020 Form 10-K, and Note 22 of this Form 10-Q for further information regarding off-balance sheet lending-related financial instruments. Structured note products by balance sheet classification and risk component The following table presents the fair value of structured notes, by balance sheet classification and the primary risk type. September 30, 2021 December 31, 2020 (in millions) Long-term debt Short-term borrowings Deposits Total Long-term debt Short-term borrowings Deposits Total Risk exposure Interest rate $ 35,571 $ 13 $ 5,700 $ 41,284 $ 38,129 $ 65 $ 5,057 $ 43,251 Credit 6,843 1,438 — 8,281 6,409 1,022 — 7,431 Foreign exchange 3,648 244 221 4,113 3,613 92 — 3,705 Equity 28,496 6,258 5,565 40,319 26,943 5,021 6,893 38,857 Commodity 321 — 6 (a) 327 250 13 232 (a) 495 Total structured notes $ 74,879 $ 7,953 $ 11,492 $ 94,324 $ 75,344 $ 6,213 $ 12,182 $ 93,739 (a) Excludes deposits linked to precious metals for which the fair value option has not been elected of $676 million and $739 million for the periods ended September 30, 2021 and December 31, 2020, respectively.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative instruments JPMorgan Chase makes markets in derivatives for clients and also uses derivatives to hedge or manage its own risk exposures. Refer to Note 5 of JPMorgan Chase’s 2020 Form 10-K for a further discussion of the Firm’s use of and accounting policies regarding derivative instruments. The Firm’s disclosures are based on the accounting treatment and purpose of these derivatives. A limited number of the Firm’s derivatives are designated in hedge accounting relationships and are disclosed according to the type of hedge (fair value hedge, cash flow hedge, or net investment hedge). Derivatives not designated in hedge accounting relationships include certain derivatives that are used to manage risks associated with specified assets and liabilities (“specified risk management” positions) as well as derivatives used in the Firm’s market-making businesses or for other purposes. The following table outlines the Firm’s primary uses of derivatives and the related hedge accounting designation or disclosure category. Type of Derivative Use of Derivative Designation and disclosure Affected 10-Q page reference Manage specifically identified risk exposures in qualifying hedge accounting relationships: • Interest rate Hedge fixed rate assets and liabilities Fair value hedge Corporate 122-123 • Interest rate Hedge floating-rate assets and liabilities Cash flow hedge Corporate 124 • Foreign exchange Hedge foreign currency-denominated assets and liabilities Fair value hedge Corporate 122-123 • Foreign exchange Hedge foreign currency-denominated forecasted revenue and expense Cash flow hedge Corporate 124 • Foreign exchange Hedge the value of the Firm’s investments in non-U.S. dollar functional currency entities Net investment hedge Corporate 125 • Commodity Hedge commodity inventory Fair value hedge CIB, AWM 122-123 Manage specifically identified risk exposures not designated in qualifying hedge accounting relationships: • Interest rate Manage the risk associated with mortgage commitments, warehouse loans and MSRs Specified risk management CCB 125 • Credit Manage the credit risk associated with wholesale lending exposures Specified risk management CIB 125 • Interest rate and foreign exchange Manage the risk associated with certain other specified assets and liabilities Specified risk management Corporate 125 Market-making derivatives and other activities: • Various Market-making and related risk management Market-making and other CIB 125 • Various Other derivatives Market-making and other CIB, AWM, Corporate 125 Notional amount of derivative contracts The following table summarizes the notional amount of free-standing derivative contracts outstanding as of September 30, 2021, and December 31, 2020. Notional amounts (b) (in billions) September 30, 2021 December 31, 2020 Interest rate contracts Swaps $ 24,116 $ 20,990 (c) Futures and forwards 3,824 3,057 Written options 3,211 3,375 Purchased options 3,523 3,675 Total interest rate contracts 34,674 31,097 Credit derivatives (a) 1,340 1,197 (c) Foreign exchange contracts Cross-currency swaps 4,081 3,924 Spot, futures and forwards 8,268 6,871 Written options 803 830 Purchased options 791 825 Total foreign exchange contracts 13,943 12,450 Equity contracts Swaps 628 448 Futures and forwards 145 140 Written options 750 668 (c) Purchased options 704 610 (c) Total equity contracts 2,227 1,866 Commodity contracts Swaps 185 138 Spot, futures and forwards 195 198 Written options 149 124 Purchased options 122 105 Total commodity contracts 651 565 Total derivative notional amounts $ 52,835 $ 47,175 (a) Refer to the Credit derivatives discussion on page 126 for more information on volumes and types of credit derivative contracts. (b) Represents the sum of gross long and gross short third-party notional derivative contracts. (c) Prior-period amounts have been revised to conform with the current presentation. Impact of derivatives on the Consolidated balance sheets The following table summarizes information on derivative receivables and payables (before and after netting adjustments) that are reflected on the Firm’s Consolidated balance sheets as of September 30, 2021, and December 31, 2020, by accounting designation (e.g., whether the derivatives were designated in qualifying hedge accounting relationships or not) and contract type. Free-standing derivative receivables and payables (a) Gross derivative receivables Gross derivative payables September 30, 2021 Not designated as hedges Designated as hedges Total derivative receivables Net derivative receivables (b) Not designated as hedges Designated Total derivative payables Net derivative payables (b) Trading assets and liabilities Interest rate $ 284,351 $ 758 $ 285,109 $ 24,766 $ 252,292 $ — $ 252,292 $ 8,832 Credit 10,524 — 10,524 1,175 11,799 — 11,799 1,393 Foreign exchange 162,107 1,089 163,196 14,525 161,159 936 162,095 14,005 Equity 74,422 — 74,422 10,492 86,837 — 86,837 17,774 Commodity 32,269 4,046 36,315 16,950 28,906 5,537 34,443 11,481 Total fair value of trading assets and liabilities $ 563,673 $ 5,893 $ 569,566 $ 67,908 $ 540,993 $ 6,473 $ 547,466 $ 53,485 Gross derivative receivables Gross derivative payables December 31, 2020 Not designated as hedges Designated as hedges Total derivative receivables Net derivative receivables (b) Not designated as hedges Designated Total derivative payables Net derivative payables (b) Trading assets and liabilities Interest rate $ 390,817 (c) $ 831 $ 391,648 $ 35,725 $ 353,987 (c) $ — $ 353,987 $ 13,012 Credit 13,345 (c) — 13,345 680 14,832 (c) — 14,832 1,995 Foreign exchange 205,359 901 206,260 15,781 214,229 1,697 215,926 21,433 Equity 70,612 (c) — 70,612 16,487 (c) 81,413 — 81,413 25,898 Commodity 20,579 924 21,503 6,771 20,834 1,895 22,729 8,285 Total fair value of trading assets and liabilities $ 700,712 $ 2,656 $ 703,368 $ 75,444 $ 685,295 $ 3,592 $ 688,887 $ 70,623 (a) Balances exclude structured notes for which the fair value option has been elected. Refer to Note 3 for further information. (b) As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral receivables and payables when a legally enforceable master netting agreement exists. (c) Prior-period amounts have been revised to conform with the current presentation. Derivatives netting The following tables present, as of September 30, 2021, and December 31, 2020, gross and net derivative receivables and payables by contract and settlement type. Derivative receivables and payables, as well as the related cash collateral from the same counterparty, have been netted on the Consolidated balance sheets where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, amounts are not eligible for netting on the Consolidated balance sheets, and those derivative receivables and payables are shown separately in the tables below. In addition to the cash collateral received and transferred that is presented on a net basis with derivative receivables and payables, the Firm receives and transfers additional collateral (financial instruments and cash). These amounts mitigate counterparty credit risk associated with the Firm’s derivative instruments, but are not eligible for net presentation: • collateral that consists of liquid securities and other cash collateral held at third-party custodians, which are shown separately as "Collateral not nettable on the Consolidated balance sheets" in the tables below, up to the fair value exposure amount. For the purpose of this disclosure, the definition of liquid securities is consistent with the definition of high quality liquid assets as defined in the LCR rule; • the amount of collateral held or transferred that exceeds the fair value exposure at the individual counterparty level, as of the date presented, which is excluded from the tables below; and • collateral held or transferred that relates to derivative receivables or payables where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement, which is excluded from the tables below. September 30, 2021 December 31, 2020 (in millions) Gross derivative receivables Amounts netted on the Consolidated balance sheets Net derivative receivables Gross derivative receivables Amounts netted on the Consolidated balance sheets Net U.S. GAAP nettable derivative receivables Interest rate contracts: Over-the-counter (“OTC”) $ 262,855 $ (243,110) $ 19,745 $ 367,214 (e) $ (337,609) (e) $ 29,605 OTC–cleared 17,441 (16,953) 488 18,340 (17,919) 421 Exchange-traded (a) 290 (280) 10 554 (395) 159 Total interest rate contracts 280,586 (260,343) 20,243 386,108 (355,923) 30,185 Credit contracts: OTC 7,735 (6,953) 782 8,894 (e) (8,356) (e) 538 OTC–cleared 2,492 (2,396) 96 4,326 (4,309) 17 Total credit contracts 10,227 (9,349) 878 13,220 (12,665) 555 Foreign exchange contracts: OTC 159,235 (148,098) 11,137 201,349 (189,655) 11,694 OTC–cleared 640 (572) 68 834 (819) 15 Exchange-traded (a) 10 (1) 9 35 (5) 30 Total foreign exchange contracts 159,885 (148,671) 11,214 202,218 (190,479) 11,739 Equity contracts: OTC 27,692 (25,632) 2,060 29,844 (e) (27,374) 2,470 Exchange-traded (a) 39,348 (38,298) 1,050 28,294 (26,751) 1,543 Total equity contracts 67,040 (63,930) 3,110 58,138 (54,125) 4,013 Commodity contracts: OTC 21,467 (8,256) 13,211 10,924 (7,901) 3,023 OTC–cleared 72 (72) — 20 (20) — Exchange-traded (a) 11,482 (11,037) 445 6,833 (6,811) 22 Total commodity contracts 33,021 (19,365) 13,656 17,777 (14,732) 3,045 Derivative receivables with appropriate legal opinion 550,759 (501,658) 49,101 (d) 677,461 (627,924) 49,537 (d) Derivative receivables where an appropriate legal opinion has not been either sought or obtained 18,807 18,807 25,907 25,907 Total derivative receivables recognized on the Consolidated balance sheets $ 569,566 $ 67,908 $ 703,368 $ 75,444 Collateral not nettable on the Consolidated balance sheets (b)(c) (11,001) (14,806) Net amounts $ 56,907 $ 60,638 September 30, 2021 December 31, 2020 (in millions) Gross derivative payables Amounts netted on the Consolidated balance sheets Net derivative payables Gross derivative payables Amounts netted on the Consolidated balance sheets Net U.S. GAAP nettable derivative payables Interest rate contracts: OTC $ 232,047 $ (224,749) $ 7,298 $ 332,214 (e) $ (321,140) (e) $ 11,074 OTC–cleared 18,841 (18,532) 309 19,710 (19,494) 216 Exchange-traded (a) 184 (179) 5 358 (341) 17 Total interest rate contracts 251,072 (243,460) 7,612 352,282 (340,975) 11,307 Credit contracts: OTC 8,775 (8,060) 715 10,311 (e) (8,781) (e) 1,530 OTC–cleared 2,433 (2,346) 87 4,075 (4,056) 19 Total credit contracts 11,208 (10,406) 802 14,386 (12,837) 1,549 Foreign exchange contracts: OTC 157,829 (147,518) 10,311 210,803 (193,672) 17,131 OTC–cleared 579 (572) 7 836 (819) 17 Exchange-traded (a) 12 — 12 34 (2) 32 Total foreign exchange contracts 158,420 (148,090) 10,330 211,673 (194,493) 17,180 Equity contracts: OTC 34,759 (30,733) 4,026 35,330 (28,763) 6,567 Exchange-traded (a) 43,462 (38,330) 5,132 34,491 (26,752) 7,739 Total equity contracts 78,221 (69,063) 9,158 69,821 (55,515) 14,306 Commodity contracts: OTC 18,060 (11,770) 6,290 10,365 (7,544) 2,821 OTC–cleared 85 (85) — 32 (32) — Exchange-traded (a) 12,241 (11,107) 1,134 7,391 (6,868) 523 Total commodity contracts 30,386 (22,962) 7,424 17,788 (14,444) 3,344 Derivative payables with appropriate legal opinion 529,307 (493,981) 35,326 (d) 665,950 (618,264) 47,686 (d) Derivative payables where an appropriate legal opinion has not been either sought or obtained 18,159 18,159 22,937 22,937 Total derivative payables recognized on the Consolidated balance sheets $ 547,466 $ 53,485 $ 688,887 $ 70,623 Collateral not nettable on the Consolidated balance sheets (b)(c) (7,091) (11,964) Net amounts $ 46,394 $ 58,659 (a) Exchange-traded derivative balances that relate to futures contracts are settled daily. (b) Includes liquid securities and other cash collateral held at third-party custodians related to derivative instruments where an appropriate legal opinion has been obtained. For some counterparties, the collateral amounts of financial instruments may exceed the derivative receivables and derivative payables balances. Where this is the case, the total amount reported is limited to the net derivative receivables and net derivative payables balances with that counterparty. (c) Derivative collateral relates only to OTC and OTC-cleared derivative instruments. (d) Net derivatives receivable included cash collateral netted of $68.8 billion and $88.0 billion at September 30, 2021, and December 31, 2020, respectively. Net derivatives payable included cash collateral netted of $61.2 billion and $78.4 billion at September 30, 2021, and December 31, 2020, respectively. Derivative cash collateral relates to OTC and OTC-cleared derivative instruments. (e) Prior-period amounts have been revised to conform with the current presentation. Liquidity risk and credit-related contingent features Refer to Note 5 of JPMorgan Chase’s 2020 Form 10-K for a more detailed discussion of liquidity risk and credit-related contingent features related to the Firm’s derivative contracts. The following table shows the aggregate fair value of net derivative payables related to OTC and OTC-cleared derivatives that contain contingent collateral or termination features that may be triggered upon a ratings downgrade, and the associated collateral the Firm has posted in the normal course of business, at September 30, 2021, and December 31, 2020. OTC and OTC-cleared derivative payables containing downgrade triggers (in millions) September 30, 2021 December 31, 2020 Aggregate fair value of net derivative payables $ 19,541 $ 26,945 (a) Collateral posted 17,160 26,289 (a) Prior-period amount has been revised to conform with the current presentation. The following table shows the impact of a single-notch and two-notch downgrade of the long-term issuer ratings of JPMorgan Chase & Co. and its subsidiaries, predominantly JPMorgan Chase Bank, N.A., at September 30, 2021, and December 31, 2020, related to OTC and OTC-cleared derivative contracts with contingent collateral or termination features that may be triggered upon a ratings downgrade. Derivatives contracts generally require additional collateral to be posted or terminations to be triggered when the predefined threshold rating is breached. A downgrade by a single rating agency that does not result in a rating lower than a preexisting corresponding rating provided by another major rating agency will generally not result in additional collateral (except in certain instances in which additional initial margin may be required upon a ratings downgrade), nor in termination payments requirements. The liquidity impact in the table is calculated based upon a downgrade below the lowest current rating of the rating agencies referred to in the derivative contract. Liquidity impact of downgrade triggers on OTC and OTC-cleared derivatives September 30, 2021 December 31, 2020 (in millions) Single-notch downgrade Two-notch downgrade Single-notch downgrade Two-notch downgrade Amount of additional collateral to be posted upon downgrade (a) $ 230 $ 1,572 $ 119 $ 1,243 Amount required to settle contracts with termination triggers upon downgrade (b) 109 685 153 1,682 (c) (a) Includes the additional collateral to be posted for initial margin. (b) Amounts represent fair values of derivative payables, and do not reflect collateral posted. (c) Prior-period amount has been revised to conform with the current presentation. Derivatives executed in contemplation of a sale of the underlying financial asset In certain instances the Firm enters into transactions in which it transfers financial assets but maintains the economic exposure to the transferred assets by entering into a derivative with the same counterparty in contemplation of the initial transfer. The Firm generally accounts for such transfers as collateralized financing transactions as described in Note 10, but in limited circumstances they may qualify to be accounted for as a sale and a derivative under U.S. GAAP. The amount of such transfers accounted for as a sale where the associated derivative was outstanding was not material at September 30, 2021 and December 31, 2020. Impact of derivatives on the Consolidated statements of income The following tables provide information related to gains and losses recorded on derivatives based on their hedge accounting designation or purpose. Fair value hedge gains and losses The following tables present derivative instruments, by contract type, used in fair value hedge accounting relationships, as well as pre-tax gains/(losses) recorded on such derivatives and the related hedged items for the three and nine months ended September 30, 2021 and 2020, respectively. The Firm includes gains/(losses) on the hedging derivative in the same line item in the Consolidated statements of income as the related hedged item. Gains/(losses) recorded in income Income statement impact of (e) OCI impact Three months ended September 30, 2021 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (812) $ 1,401 $ 589 $ — $ 592 $ — Foreign exchange (c) (363) 367 4 (71) 3 12 Commodity (d) (732) 754 22 — 14 — Total $ (1,907) $ 2,522 $ 615 $ (71) $ 609 $ 12 Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Three months ended September 30, 2020 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (464) $ 743 $ 279 $ — $ 309 $ — Foreign exchange (c) 307 (280) 27 (79) 27 (91) Commodity (d) (569) 593 24 — 14 — Total $ (726) $ 1,056 $ 330 $ (79) $ 350 $ (91) Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Nine months ended September 30, 2021 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (3,749) $ 5,217 $ 1,468 $ — $ 1,572 $ — Foreign exchange (c) (862) 893 31 (221) 30 (56) Commodity (d) (5,119) 5,197 78 — 46 — Total $ (9,730) $ 11,307 $ 1,577 $ (221) $ 1,648 $ (56) Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Nine months ended September 30, 2020 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ 4,087 $ (3,333) $ 754 $ — $ 728 $ — Foreign exchange (c) 579 (430) 149 (379) 149 45 Commodity (d) (771) 882 111 — 107 — Total $ 3,895 $ (2,881) $ 1,014 $ (379) $ 984 $ 45 (a) Primarily consists of hedges of the benchmark (e.g., London Interbank Offered Rate ("LIBOR")) interest rate risk of fixed-rate long-term debt and AFS securities. Gains and losses were recorded in net interest income. (b) Excludes the amortization expense associated with the inception hedge accounting adjustment applied to the hedged item. This expense is recorded in net interest income and substantially offsets the income statement impact of the excluded components. Also excludes the accrual of interest on interest rate swaps and the related hedged items. (c) Primarily consists of hedges of the foreign currency risk of long-term debt and AFS securities for changes in spot foreign currency rates. Gains and losses related to the derivatives and the hedged items due to changes in foreign currency rates and the income statement impact of excluded components were recorded primarily in principal transactions revenue and net interest income. (d) Consists of overall fair value hedges of physical commodities inventories that are generally carried at the lower of cost or net realizable value (net realizable value approximates fair value). Gains and losses were recorded in principal transactions revenue. (e) The assessment of hedge effectiveness excludes certain components of the changes in fair values of the derivatives and hedged items such as forward points on foreign exchange forward contracts, time values and cross-currency basis spreads. Excluded components may impact earnings either through amortization of the initial amount over the life of the derivative, or through fair value changes recognized in the current period. (f) Represents the change in value of amounts excluded from the assessment of effectiveness under the amortization approach, predominantly cross-currency basis spreads. The amount excluded at inception of the hedge is recognized in earnings over the life of the derivative. As of September 30, 2021 and December 31, 2020, the following amounts were recorded on the Consolidated balance sheets related to certain cumulative fair value hedge basis adjustments that are expected to reverse through the income statement in future periods as an adjustment to yield. Carrying amount of the hedged items (a)(b) Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items: September 30, 2021 Active hedging relationships Discontinued hedging relationships (d)(e) Total Assets Investment securities - AFS $ 71,464 (c) $ 906 $ 558 $ 1,464 Liabilities Long-term debt $ 191,783 $ (1,121) $ 9,042 $ 7,921 Beneficial interests issued by consolidated VIEs 748 — (2) (2) Carrying amount of the hedged items (a)(b) Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items: December 31, 2020 Active hedging relationships Discontinued hedging relationships (d)(e) Total Assets Investment securities - AFS $ 139,684 (c) $ 3,572 $ 847 $ 4,419 Liabilities Long-term debt $ 177,611 $ 3,194 $ 11,473 $ 14,667 Beneficial interests issued by consolidated VIEs 746 — (3) (3) (a) Excludes physical commodities with a carrying value of $19.3 billion and $11.5 billion at September 30, 2021 and December 31, 2020, respectively, to which the Firm applies fair value hedge accounting. As a result of the application of hedge accounting, these inventories are carried at fair value, thus recognizing unrealized gains and losses in current periods. Since the Firm exits these positions at fair value, there is no incremental impact to net income in future periods. (b) Excludes hedged items where only foreign currency risk is the designated hedged risk, as basis adjustments related to foreign currency hedges will not reverse through the income statement in future periods. At September 30, 2021 and December 31, 2020, the carrying amount excluded for AFS securities is $12.6 billion and $14.5 billion, respectively, and for long-term debt is $11.8 billion and $6.6 billion, respectively. (c) Carrying amount represents the amortized cost, net of allowance if applicable. Refer to Note 9 for additional information. (d) Represents basis adjustments existing on the balance sheet date associated with hedged items that have been de-designated from qualifying fair value hedging relationships. (e) Positive amounts related to assets represent cumulative fair value hedge basis adjustments that will reduce net interest income in future periods. Positive (negative) amounts related to liabilities represent cumulative fair value hedge basis adjustments that will increase (reduce) net interest income in future periods. Cash flow hedge gains and losses The following tables present derivative instruments, by contract type, used in cash flow hedge accounting relationships, and the pre-tax gains/(losses) recorded on such derivatives, for the three and nine months ended September 30, 2021 and 2020, respectively. The Firm includes the gains/(losses) on the hedging derivative in the same line item in the Consolidated statements of income as the change in cash flows on the related hedged item. Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Three months ended September 30, 2021 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 272 $ (232) $ (504) Foreign exchange (b) 54 (35) (89) Total $ 326 $ (267) $ (593) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Three months ended September 30, 2020 Amounts reclassified Amounts recorded Total change in OCI for period Contract type Interest rate (a) $ 214 $ 8 $ (206) Foreign exchange (b) 13 126 113 Total $ 227 $ 134 $ (93) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Nine months ended September 30, 2021 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 771 $ (1,871) $ (2,642) Foreign exchange (b) 159 27 (132) Total $ 930 $ (1,844) $ (2,774) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Nine months ended September 30, 2020 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 332 $ 3,881 $ 3,549 Foreign exchange (b) (4) (94) (90) Total $ 328 $ 3,787 $ 3,459 (a) Primarily consists of hedges of LIBOR-indexed floating-rate assets and floating-rate liabilities. Gains and losses were recorded in net interest income. (b) Primarily consists of hedges of the foreign currency risk of non-U.S. dollar-denominated revenue and expense. The income statement classification of gains and losses follows the hedged item – primarily noninterest revenue and compensation expense. The Firm did not experience any forecasted transactions that failed to occur for the three and nine months ended September 30, 2021 and 2020. Over the next 12 months, the Firm expects that approximately $812 million (after-tax) of net gains recorded in AOCI at September 30, 2021, related to cash flow hedges will be recognized in income. For cash flow hedges that have been terminated, the maximum length of time over which the derivative results recorded in AOCI will be recognized in earnings is approximately eight years, corresponding to the timing of the originally hedged forecasted cash flows. For open cash flow hedges, the maximum length of time over which forecasted transactions are hedged is approximately seven years. The Firm’s longer-dated forecasted transactions relate to core lending and borrowing activities. Net investment hedge gains and losses The following table presents hedging instruments, by contract type, that were used in net investment hedge accounting relationships, and the pre-tax gains/(losses) recorded on such instruments for the three and nine months ended September 30, 2021 and 2020. Gains/(losses) recorded in income and other comprehensive income/(loss) 2021 2020 Three months ended September 30, Amounts recorded in income (a)(b) Amounts recorded in OCI Amounts recorded in income (a)(b) Amounts recorded in OCI Foreign exchange derivatives $ (73) $ 1,028 $ (37) $ (868) Gains/(losses) recorded in income and other comprehensive income/(loss) 2021 2020 Nine months ended September 30, Amounts recorded in income (a)(b) Amounts recorded in OCI Amounts recorded in income (a)(b) Amounts recorded in OCI Foreign exchange derivatives $ (180) $ 1,958 $ (108) $ 308 (a) Certain components of hedging derivatives are permitted to be excluded from the assessment of hedge effectiveness, such as forward points on foreign exchange forward contracts. The Firm elects to record changes in fair value of these amounts directly in other income. (b) Excludes amounts reclassified from AOCI to income on the sale or liquidation of hedged entities. The amount reclassified for the three and nine months ended September 30, 2021 was not material. During the nine months ended September 30, 2020, the Firm reclassified pre-tax losses of $8 million to other income related to the liquidation of certain legal entities and the amount was not material for the three months ended September 30, 2020. Refer to Note 19 for further information. Gains and losses on derivatives used for specified risk management purposes The following table presents pre-tax gains/(losses) recorded on a limited number of derivatives, not designated in hedge accounting relationships, that are used to manage risks associated with certain specified assets and liabilities, including certain risks arising from mortgage commitments, warehouse loans, MSRs, wholesale lending exposures, and foreign currency-denominated assets and liabilities. Derivatives gains/(losses) Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Contract type Interest rate (a) $ 320 $ 597 $ 822 $ 2,533 Credit (b) (14) (19) (81) (58) Foreign exchange (c) 14 18 82 96 Total $ 320 $ 596 $ 823 $ 2,571 (a) Primarily represents interest rate derivatives used to hedge the interest rate risk inherent in mortgage commitments, warehouse loans and MSRs, as well as written commitments to originate warehouse loans. Gains and losses were recorded predominantly in mortgage fees and related income. (b) Relates to credit derivatives used to mitigate credit risk associated with lending exposures in the Firm’s wholesale businesses. These derivatives do not include credit derivatives used to mitigate counterparty credit risk arising from derivative receivables, which is included in gains and losses on derivatives related to market-making activities and other derivatives. Gains and losses were recorded in principal transactions revenue. (c) Primarily relates to derivatives used to mitigate foreign exchange risk of specified foreign currency-denominated assets and liabilities. Gains and losses were recorded in principal transactions revenue. Credit derivatives Refer to Note 5 of JPMorgan Chase’s 2020 Form 10-K for a more detailed discussion of credit derivatives. The following tables present a summary of the notional amounts of credit derivatives and credit-related notes the Firm sold and purchased as of September 30, 2021 and December 31, 2020. The Firm does not use notional amounts of credit derivatives as the primary measure of risk management for such derivatives, because the notional amount does not take into account the probability of the occurrence of a credit event, the recovery value of the reference obligation, or related cash instruments and economic hedges, each of which reduces, in the Firm’s view, the risks associated with such derivatives. Total credit derivatives and credit-related notes Maximum payout/Notional amount September 30, 2021 (in millions) Protection sold Protection purchased with identical underlyings (b) Net protection (sold)/purchased (c) Other protection purchased (d) Credit derivatives Credit default swaps $ (577,311) $ 599,454 $ 22,143 $ 3,198 Other credit derivatives (a) (61,083) 82,067 20,984 16,431 Total credit derivatives (638,394) 681,521 43,127 19,629 Credit-related notes — — — 12,745 Total $ (638,394) $ 681,521 $ 43,127 $ 32,374 Maximum payout/Notional amount December 31, 2020 (in millions) Protection sold Protection purchased with identical underlyings (b) Net protection (sold)/purchased (c) Other protection purchased (d) Credit derivatives Credit default swaps $ (533,900) (e) $ 552,021 (e) $ 18,121 $ 2,786 (e) Other credit derivatives (a) (40,084) 57,344 17,260 10,630 (e) Total credit derivatives (573,984) 609,365 35,381 13,416 Credit-related notes — — — 10,248 Total $ (573,984) $ 609,365 $ 35,381 $ 23,664 (a) Other credit derivatives predominantly consist of credit swap options and total return swaps. (b) Represents the total notional amount of protection purchased where the underlying reference instrument is identical to the reference instrument on protection sold; the notional amount of protection purchased for each individual identical underlying reference instrument may be greater or lower than the notional amount of protection sold. (c) Does not take into account the fair value of the reference obligation at the time of settlement, which would generally reduce the amount the seller of protection pays to the buyer of protection in determining settlement value. (d) Represents protection purchased by the Firm on referenced instruments (single-name, portfolio or index) where the Firm has not sold any protection on the identical reference instrument. (e) Prior-period amounts have been revised to conform with the current presentation. The following tables summarize the notional amounts by the ratings, maturity profile, and total fair value, of credit derivatives as of September 30, 2021, and December 31, 2020, where

Noninterest Revenue and Noninte

Noninterest Revenue and Noninterest Expense	9 Months Ended
	Sep. 30, 2021
Noninterest Income (Expense) [Abstract]
Noninterest Revenue and Noninterest Expense	Noninterest revenue and noninterest expense Noninterest revenue Refer to Note 6 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the components of and accounting policies for the Firm’s noninterest revenue. Investment banking fees The following table presents the components of investment banking fees. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Underwriting Equity $ 1,034 $ 736 $ 3,169 $ 2,037 Debt 1,019 1,019 3,713 3,342 Total underwriting 2,053 1,755 6,882 5,379 Advisory 1,229 432 2,840 1,524 Total investment banking fees $ 3,282 $ 2,187 $ 9,722 $ 6,903 Principal transactions The following table presents all realized and unrealized gains and losses recorded in principal transactions revenue. This table excludes interest income and interest expense on trading assets and liabilities, which are an integral part of the overall performance of the Firm’s client-driven market-making activities in CIB and fund deployment activities in Treasury and CIO. Refer to Note 6 for further information on interest income and interest expense. Trading revenue is presented primarily by instrument type. The Firm’s client-driven market-making businesses generally utilize a variety of instrument types in connection with their market-making and related risk-management activities; accordingly, the trading revenue presented in the table below is not representative of the total revenue of any individual LOB. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Trading revenue by instrument type Interest rate (a) $ 339 $ 287 $ 1,726 $ 2,258 Credit (b) 496 950 (c) 2,525 2,201 (c) Foreign exchange 648 714 2,287 3,606 Equity 1,863 1,410 6,449 4,816 Commodity 315 747 1,165 1,775 Total trading revenue 3,661 4,108 14,152 14,656 Private equity gains/(losses) (115) 34 (30) 44 Principal transactions $ 3,546 $ 4,142 $ 14,122 $ 14,700 (a) Includes the impact of changes in funding valuation adjustments on derivatives. (b) Includes the impact of changes in credit valuation adjustments on derivatives, net of the associated hedging activities. (c) Includes marks on held-for-sale positions, including unfunded commitments, in the bridge financing portfolio. Lending- and deposit-related fees The following table presents the components of lending- and deposit-related fees. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Lending-related fees $ 374 $ 337 $ 1,102 $ 916 Deposit-related fees 1,427 1,310 4,146 3,868 Total lending- and deposit-related fees $ 1,801 $ 1,647 $ 5,248 $ 4,784 Asset management, administration and commissions The following table presents the components of asset management, administration and commissions. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Asset management fees Investment management fees (a) $ 3,554 $ 2,937 $ 10,232 $ 8,439 All other asset management fees (b) 94 85 283 253 Total asset management fees 3,648 3,022 10,515 8,692 Total administration fees (c) 642 561 1,925 1,661 Commissions and other fees Brokerage commissions (d) 719 645 2,280 2,224 All other commissions and fees 248 242 760 699 Total commissions and fees 967 887 3,040 2,923 Total asset management, administration and commissions $ 5,257 $ 4,470 $ 15,480 $ 13,276 (a) Represents fees earned from managing assets on behalf of the Firm’s clients, including investors in Firm-sponsored funds and owners of separately managed investment accounts. (b) Represents fees for services that are ancillary to investment management services, such as commissions earned on the sales or distribution of mutual funds to clients. (c) Predominantly includes fees for custody, securities lending, funds services and securities clearance. (d) Represents commissions earned when the Firm acts as a broker, by facilitating its clients’ purchases and sales of securities and other financial instruments. Card income The following table presents the components of card income: Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Interchange and merchant processing income $ 6,117 $ 4,757 $ 16,959 $ 13,479 Rewards costs and partner payments (4,860) (3,497) (12,676) (9,895) Other card income (a) (252) (91) (281) (446) Total card income $ 1,005 $ 1,169 $ 4,002 $ 3,138 (a) Predominantly represents the amortization of account origination costs and annual fees. Refer to Note 14 for further information on mortgage servicing rights, including risk management activities. Refer to Note 16 for information on operating lease income included within other income. Noninterest expense Other expense Other expense on the Firm’s Consolidated statements of income included the following: Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Legal expense $ 76 $ 524 $ 289 $ 839 FDIC-related expense 173 186 551 503

Interest Income and Interest Ex

Interest Income and Interest Expense	9 Months Ended
	Sep. 30, 2021
Interest Income (Expense), Net [Abstract]
Interest Income and Interest Expense	Interest income and Interest expense Refer to Note 7 of JPMorgan Chase’s 2020 Form 10-K for a description of JPMorgan Chase’s accounting policies regarding interest income and interest expense. The following table presents the components of interest income and interest expense. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Interest income Loans (a) $ 10,445 $ 10,215 $ 30,777 $ 33,409 Taxable securities 1,553 1,816 4,735 6,203 Non-taxable securities (b) 262 294 809 901 Total investment securities (a) 1,815 2,110 5,544 7,104 Trading assets - debt instruments 1,682 1,850 5,175 5,980 Federal funds sold and securities purchased under resale agreements 231 401 639 2,097 Securities borrowed (c) (73) (128) (240) (151) Deposits with banks 174 69 342 708 All other interest-earning assets (d) 206 183 608 826 Total interest income $ 14,480 $ 14,700 $ 42,845 $ 49,973 Interest expense Interest-bearing deposits $ 126 $ 245 $ 404 $ 2,169 Federal funds purchased and securities loaned or sold under repurchase agreements 119 105 194 1,023 Short-term borrowings (e) 31 60 97 335 Trading liabilities – debt and all other interest-bearing liabilities (c)(f) 52 (51) 130 278 Long-term debt 1,054 1,293 3,244 4,679 Beneficial interest issued by consolidated VIEs 18 35 66 184 Total interest expense $ 1,400 $ 1,687 $ 4,135 $ 8,668 Net interest income $ 13,080 $ 13,013 $ 38,710 $ 41,305 Provision for credit losses (1,527) 611 (7,968) 19,369 Net interest income after provision for credit losses $ 14,607 $ 12,402 $ 46,678 $ 21,936 (a) Includes the amortization/accretion of unearned income (e.g., purchase premiums/discounts and net deferred fees/costs). (b) Represents securities which are tax-exempt for U.S. federal income tax purposes. (c) Negative interest income is related to the impact of current interest rates combined with the fees paid on client-driven securities borrowed balances. The negative interest expense related to prime brokerage customer payables is recognized in interest expense and reported within trading liabilities - debt and all other interest-bearing liabilities. (d) Includes interest earned on brokerage-related held-for-investment customer receivables, which are classified in accrued interest and accounts receivable, and all other interest-earning assets which are classified in other assets on the Consolidated balance sheets. (e) Includes commercial paper. (f) All other interest-bearing liabilities includes interest expense on brokerage-related customer payables.

Pension and Other Postretiremen

Pension and Other Postretirement Employee Benefit Plans	9 Months Ended
	Sep. 30, 2021
Retirement Benefits [Abstract]
Pension and Other Postretirement Employee Benefit Plans	Pension and other postretirement employee benefit plansRefer to Note 8 of JPMorgan Chase’s 2020 Form 10-K for a discussion of JPMorgan Chase’s pension and OPEB plans. The following table presents the components of net periodic benefit costs reported in the Consolidated statements of income for the Firm’s defined benefit pension, defined contribution and OPEB plans. (in millions) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Pension and OPEB plans Pension and OPEB plans Components of net periodic benefit cost, U.S. defined benefit pension plans Benefits earned during the period $ — $ — $ 1 $ 1 Interest cost on benefit obligations 85 105 256 316 Expected return on plan assets (129) (158) (387) (475) Amortization: Net (gain)/loss 3 2 8 5 Net periodic defined benefit plan cost/(credit), U.S. defined benefit pension plans (41) (51) (122) (153) Other defined benefit pension and OPEB plans (24) (23) (62) (65) Total net periodic defined benefit plan cost/(credit) (65) (74) (184) (218) Total defined contribution plans 327 340 998 960 Total pension and OPEB cost included in noninterest expense $ 262 $ 266 $ 814 $ 742 The following table presents the fair values of plan assets for the Firm's defined benefit pension and OPEB plans. (in billions) September 30, December 31, 2020 Fair value of plan assets U.S. defined benefit pension plans $ 17.5 $ 17.6 Other defined benefit pension and OPEB plans 7.9 7.8

Employee Share-based Incentives

Employee Share-based Incentives	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Employee Share-based Incentives	Employee share-based incentives Refer to Note 9 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the accounting policies and other information relating to employee share-based incentives. The Firm recognized the following noncash compensation expense related to its various employee share-based incentive plans in its Consolidated statements of income. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Cost of prior grants of RSUs, performance share units (“PSUs”), stock appreciation rights ("SARs") and stock options that are amortized over their applicable vesting periods $ 283 $ 249 $ 919 $ 859 Accrual of estimated costs of share-based awards to be granted in future periods, predominantly those to full-career eligible employees 335 272 1,346 1,108 Total noncash compensation expense related to employee share-based incentive plans $ 618 $ 521 $ 2,265 $ 1,967 In the first quarter of 2021, in connection with its annual incentive grant for the 2020 performance year, the Firm granted 17 million RSUs and 678 thousand PSUs with weighted-average grant date fair values of $137.38 per RSU and $136.94 per PSU.

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment securities Investment securities consist of debt securities that are classified as AFS or HTM. Debt securities classified as trading assets are discussed in Note 2. Predominantly all of the Firm’s AFS and HTM securities are held by Treasury and CIO in connection with its asset-liability management activities. At September 30, 2021, the investment securities portfolio consisted of debt securities with an average credit rating of AA+ (based upon external ratings where available, and where not available, based primarily upon internal risk ratings). During the second quarter of 2021, the Firm transferred $104.5 billion of investment securities from AFS to HTM for capital management purposes. AOCI included pretax unrealized gains of $425 million on the securities at the date of transfer. Refer to Note 10 of JPMorgan Chase’s 2020 Form 10-K for additional information regarding the investment securities portfolio. The amortized costs and estimated fair values of the investment securities portfolio were as follows for the dates indicated. September 30, 2021 December 31, 2020 (in millions) Amortized cost (c)(d) Gross unrealized gains Gross unrealized losses Fair value Amortized cost (c)(d) Gross unrealized gains Gross unrealized losses Fair value Available-for-sale securities Mortgage-backed securities: U.S. GSEs and government agencies (a) $ 72,749 $ 1,091 $ 791 $ 73,049 $ 110,979 $ 2,372 $ 50 $ 113,301 Residential: U.S. 2,265 58 — 2,323 6,246 224 3 6,467 Non-U.S. 4,014 36 — 4,050 3,751 20 5 3,766 Commercial 3,102 41 11 3,132 2,819 71 34 2,856 Total mortgage-backed securities 82,130 1,226 802 82,554 123,795 2,687 92 126,390 U.S. Treasury and government agencies 121,227 730 486 121,471 199,910 2,141 100 201,951 Obligations of U.S. states and municipalities 16,471 1,049 5 17,515 18,993 1,404 1 20,396 Non-U.S. government debt securities 15,738 111 24 15,825 22,587 354 13 22,928 Corporate debt securities 263 6 9 260 215 4 3 216 Asset-backed securities: Collateralized loan obligations 9,133 8 4 9,137 10,055 24 31 10,048 Other 4,771 59 2 4,828 6,174 91 16 6,249 Total available-for-sale securities 249,733 3,189 1,332 251,590 381,729 6,705 256 388,178 Held-to-maturity securities (b) Mortgage-backed securities: U.S. GSEs and government agencies (a) 101,086 1,923 412 102,597 107,889 2,968 29 110,828 U.S. Residential 7,021 4 43 6,982 4,345 8 30 4,323 Commercial 3,738 20 21 3,737 2,602 77 — 2,679 Total mortgage-backed securities 111,845 1,947 476 113,316 114,836 3,053 59 117,830 U.S. Treasury and government agencies 182,368 133 1,225 181,276 53,184 50 — 53,234 Obligations of U.S. states and municipalities 13,465 397 9 13,853 12,751 519 — 13,270 Asset-backed securities: Collateralized loan obligations 33,664 90 9 33,745 21,050 90 2 21,138 Other 2,200 4 1 2,203 — — — — Total held-to-maturity securities 343,542 2,571 1,720 344,393 201,821 3,712 61 205,472 Total investment securities, net of allowance for credit losses $ 593,275 $ 5,760 $ 3,052 $ 595,983 $ 583,550 $ 10,417 $ 317 $ 593,650 (a) Includes AFS U.S. GSE obligations with fair values of $44.1 billion and $65.8 billion, and HTM U.S. GSE obligations with amortized cost of $71.9 billion and $86.3 billion, at September 30, 2021 and December 31, 2020, respectively. As of September 30, 2021, mortgage-backed securities issued by Fannie Mae and Freddie Mac each exceeded 10% of JPMorgan Chase’s total stockholders’ equity; the amortized cost and fair value of such securities were $69.5 billion and $71.1 billion, and $46.3 billion and $46.3 billion, respectively. (b) The Firm purchased $15.9 billion and $79.0 billion of HTM securities for the three and nine months ended September 30, 2021, respectively, and $514 million and $5.5 billion for the three and nine months ended September 30, 2020, respectively. (c) The amortized cost of investment securities is reported net of allowance for credit losses of $73 million and $78 million at September 30, 2021 and December 31, 2020, respectively. (d) Excludes $1.8 billion and $2.1 billion of accrued interest receivables at September 30, 2021 and December 31, 2020, respectively. The Firm did not reverse through interest income any accrued interest receivables for the three and nine months ended September 30, 2021 and 2020. AFS securities impairment The following tables present the fair value and gross unrealized losses by aging category for AFS securities at September 30, 2021 and December 31, 2020. The tables exclude U.S. Treasury and government agency securities and U.S. GSE and government agency MBS with unrealized losses of $1.3 billion and $150 million, at September 30, 2021 and December 31, 2020, respectively; changes in the value of these securities are generally driven by changes in interest rates rather than changes in their credit profile given the explicit or implicit guarantees provided by the U.S. government. Available-for-sale securities with gross unrealized losses Less than 12 months 12 months or more September 30, 2021 (in millions) Fair value Gross Fair value Gross Total fair value Total gross unrealized losses Available-for-sale securities Mortgage-backed securities: Residential: U.S. $ 72 $ — $ 31 $ — $ 103 $ — Non-U.S. 134 — — — 134 — Commercial 250 5 363 6 613 11 Total mortgage-backed securities 456 5 394 6 850 11 Obligations of U.S. states and municipalities 271 5 — — 271 5 Non-U.S. government debt securities 5,031 17 441 7 5,472 24 Corporate debt securities 149 9 40 — 189 9 Asset-backed securities: Collateralized loan obligations 4,381 4 270 — 4,651 4 Other 1,500 — 206 2 1,706 2 Total available-for-sale securities with gross unrealized losses $ 11,788 $ 40 $ 1,351 $ 15 $ 13,139 $ 55 Available-for-sale securities with gross unrealized losses Less than 12 months 12 months or more December 31, 2020 (in millions) Fair value Gross Fair value Gross Total fair value Total gross unrealized losses Available-for-sale securities Mortgage-backed securities: Residential: U.S. $ 562 $ 3 $ 32 $ — $ 594 $ 3 Non-U.S. 2,507 4 235 1 2,742 5 Commercial 699 18 124 16 823 34 Total mortgage-backed securities 3,768 25 391 17 4,159 42 Obligations of U.S. states and municipalities 49 1 — — 49 1 Non-U.S. government debt securities 2,709 9 968 4 3,677 13 Corporate debt securities 91 3 5 — 96 3 Asset-backed securities: Collateralized loan obligations 5,248 18 2,645 13 7,893 31 Other 268 1 685 15 953 16 Total available-for-sale securities with gross unrealized losses $ 12,133 $ 57 $ 4,694 $ 49 $ 16,827 $ 106 HTM securities – credit risk Credit quality indicator The primary credit quality indicator for HTM securities is the risk rating assigned to each security. At both September 30, 2021 and December 31, 2020, all HTM securities were rated investment grade and were current and accruing, with approximately 98% rated at least AA+. Allowance for credit losses The allowance for credit losses on investment securities was $73 million and $120 million as of September 30, 2021 and 2020, respectively. Refer to Note 10 of JPMorgan Chase’s 2020 Form 10-K for further discussion of accounting policies for AFS and HTM securities. Selected impacts of investment securities on the Consolidated statements of income Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Realized gains $ 60 $ 1,123 $ 481 $ 2,842 Realized losses (316) (650) (878) (2,110) Investment securities gains/(losses) $ (256) $ 473 $ (397) $ 732 Provision for credit losses $ (14) $ 97 $ (5) $ 110 Contractual maturities and yields The following table presents the amortized cost and estimated fair value at September 30, 2021, of JPMorgan Chase’s investment securities portfolio by contractual maturity. By remaining maturity September 30, 2021 (in millions) Due in one Due after one year through five years Due after five years through 10 years Due after 10 years (b) Total Available-for-sale securities Mortgage-backed securities Amortized cost $ — $ 2,882 $ 5,326 $ 73,925 $ 82,133 Fair value — 2,916 5,650 73,988 82,554 Average yield (a) — % 1.47 % 1.79 % 2.33 % 2.26 % U.S. Treasury and government agencies Amortized cost $ 5,111 $ 88,001 $ 19,610 $ 8,505 $ 121,227 Fair value 5,150 88,082 19,581 8,658 121,471 Average yield (a) 1.28 % 0.53 % 0.68 % 0.50 % 0.58 % Obligations of U.S. states and municipalities Amortized cost $ 15 $ 167 $ 1,216 $ 15,073 $ 16,471 Fair value 16 172 1,277 16,050 17,515 Average yield (a) 3.91 % 4.37 % 4.88 % 5.01 % 4.99 % Non-U.S. government debt securities Amortized cost $ 6,750 $ 4,980 $ 3,811 $ 197 $ 15,738 Fair value 6,762 5,050 3,816 197 15,825 Average yield (a) 2.02 % 2.54 % 0.84 % 0.38 % 1.88 % Corporate debt securities Amortized cost $ — $ 233 $ 30 $ — $ 263 Fair value — 228 32 — 260 Average yield (a) — % 7.74 % 1.63 % — % 7.01 % Asset-backed securities Amortized cost $ 1,500 $ 1,076 $ 3,800 $ 7,528 $ 13,904 Fair value 1,500 1,081 3,807 7,577 13,965 Average yield (a) 1.19 % 1.93 % 1.27 % 1.26 % 1.31 % Total available-for-sale securities Amortized cost $ 13,376 $ 97,339 $ 33,793 $ 105,228 $ 249,736 Fair value 13,428 97,529 34,163 106,470 251,590 Average yield (a) 1.65 % 0.70 % 1.09 % 2.48 % 1.56 % Held-to-maturity securities Mortgage-backed securities Amortized cost $ — $ 1,029 $ 11,737 $ 99,091 $ 111,857 Fair value — 1,050 12,197 100,069 113,316 Average yield (a) — % 1.68 % 2.42 % 2.90 % 2.84 % U.S. Treasury and government agencies Amortized cost $ 14,376 $ 97,814 $ 70,178 $ — $ 182,368 Fair value 14,383 97,545 69,348 — 181,276 Average yield (a) 0.65 % 0.66 % 1.29 % — % 0.90 % Obligations of U.S. states and municipalities Amortized cost $ 35 $ 66 $ 1,059 $ 12,363 $ 13,523 Fair value 35 66 1,105 12,647 13,853 Average yield (a) 3.78 % 2.67 % 3.67 % 3.84 % 3.82 % Asset-backed securities Amortized cost $ — $ — $ 13,535 $ 22,329 $ 35,864 Fair value — — 13,592 22,356 35,948 Average yield (a) — % — % 1.19 % 1.25 % 1.23 % Total held-to-maturity securities Amortized cost $ 14,411 $ 98,909 $ 96,509 $ 133,783 $ 343,612 Fair value 14,418 98,661 96,242 135,072 344,393 Average yield (a) 0.66 % 0.67 % 1.44 % 2.71 % 1.68 % (a) Average yield is computed using the effective yield of each security owned at the end of the period, weighted based on the amortized cost of each security. The effective yield considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives. Taxable-equivalent amounts are used where applicable. The effective yield excludes unscheduled principal prepayments; and accordingly, actual maturities of securities may differ from their contractual or expected maturities as certain securities may be prepaid. However, for certain callable debt securities, the average yield is calculated to the earliest call date. (b) Substantially all of the Firm’s U.S. residential MBS and collateralized mortgage obligations are due in 10 years or more, based on contractual maturity. The estimated weighted-average life, which reflects anticipated future prepayments, is approximately 6 years for agency residential MBS, 4 years for agency residential collateralized mortgage obligations and 3 years for nonagency residential collateralized mortgage obligations.

Securities Financing Activities

Securities Financing Activities	9 Months Ended
	Sep. 30, 2021
Securities Financing Transactions Disclosures [Abstract]
Securities Financing Activities	Securities financing activities Refer to Note 11 of JPMorgan Chase’s 2020 Form 10-K for a discussion of accounting policies relating to securities financing activities. Refer to Note 3 for further information regarding securities borrowed and securities lending agreements for which the fair value option has been elected. Refer to Note 23 for further information regarding assets pledged and collateral received in securities financing agreements. The table below summarizes the gross and net amounts of the Firm’s securities financing agreements as of September 30, 2021 and December 31, 2020. When the Firm has obtained an appropriate legal opinion with respect to a master netting agreement with a counterparty and where other relevant netting criteria under U.S. GAAP are met, the Firm nets, on the Consolidated balance sheets, the balances outstanding under its securities financing agreements with the same counterparty. In addition, the Firm exchanges securities and/or cash collateral with its counterparty to reduce the economic exposure with the counterparty, but such collateral is not eligible for net Consolidated balance sheet presentation. Where the Firm has obtained an appropriate legal opinion with respect to the counterparty master netting agreement, such collateral, along with securities financing balances that do not meet all these relevant netting criteria under U.S. GAAP, is presented in the table below as “Amounts not nettable on the Consolidated balance sheets,” and reduces the “Net amounts” presented. Where a legal opinion has not been either sought or obtained, the securities financing balances are presented gross in the “Net amounts” below. In transactions where the Firm is acting as the lender in a securities-for-securities lending agreement and receives securities that can be pledged or sold as collateral, the Firm recognizes the securities received at fair value within other assets and the obligation to return those securities within accounts payable and other liabilities on the Consolidated balance sheets. September 30, 2021 (in millions) Gross amounts Amounts netted on the Consolidated balance sheets Amounts presented on the Consolidated balance sheets Amounts not nettable on the Consolidated balance sheets (b) Net amounts (c) Assets Securities purchased under resale agreements $ 569,373 $ (287,212) $ 282,161 $ (269,113) $ 13,048 Securities borrowed 243,904 (40,917) 202,987 (149,458) 53,529 Liabilities Securities sold under repurchase agreements $ 533,390 $ (287,212) $ 246,178 $ (222,187) $ 23,991 Securities loaned and other (a) 52,735 (40,917) 11,818 (11,362) 456 December 31, 2020 (in millions) Gross amounts Amounts netted on the Consolidated balance sheets Amounts presented on the Consolidated balance sheets Amounts not nettable on the Consolidated balance sheets (b) Net amounts (c) Assets Securities purchased under resale agreements $ 666,467 $ (370,183) $ 296,284 $ (273,206) $ 23,078 Securities borrowed 193,700 (33,065) 160,635 (115,219) 45,416 Liabilities Securities sold under repurchase agreements $ 578,060 $ (370,183) $ 207,877 $ (191,980) $ 15,897 Securities loaned and other (a) 41,366 (33,065) 8,301 (8,257) 44 (a) Includes securities-for-securities lending agreements of $5.3 billion and $3.4 billion at September 30, 2021 and December 31, 2020, respectively, accounted for at fair value, where the Firm is acting as lender. (b) In some cases, collateral exchanged with a counterparty exceeds the net asset or liability balance with that counterparty. In such cases, the amounts reported in this column are limited to the related net asset or liability with that counterparty. (c) Includes securities financing agreements that provide collateral rights, but where an appropriate legal opinion with respect to the master netting agreement has not been either sought or obtained. At September 30, 2021 and December 31, 2020, included $10.6 billion and $17.0 billion, respectively, of securities purchased under resale agreements; $49.0 billion and $42.1 billion, respectively, of securities borrowed; $22.6 billion and $14.5 billion, respectively, of securities sold under repurchase agreements; and $203 million and $8 million, respectively, of securities loaned and other. The tables below present as of September 30, 2021, and December 31, 2020 the types of financial assets pledged in securities financing agreements and the remaining contractual maturity of the securities financing agreements. Gross liability balance September 30, 2021 December 31, 2020 (in millions) Securities sold under repurchase agreements Securities loaned and other Securities sold under repurchase agreements Securities loaned and other Mortgage-backed securities U.S. GSEs and government agencies $ 21,919 $ — $ 56,744 $ — Residential - nonagency 722 — 1,016 — Commercial - nonagency 1,065 — 855 — U.S. Treasury, GSEs and government agencies 280,004 230 315,834 143 Obligations of U.S. states and municipalities 1,726 8 1,525 2 Non-U.S. government debt 155,164 2,021 157,563 1,730 Corporate debt securities 35,682 1,325 22,849 1,864 Asset-backed securities 703 — 694 — Equity securities 36,405 49,151 20,980 37,627 Total $ 533,390 $ 52,735 $ 578,060 $ 41,366 Remaining contractual maturity of the agreements Overnight and continuous Greater than September 30, 2021 (in millions) Up to 30 days 30 – 90 days Total Total securities sold under repurchase agreements $ 223,354 $ 201,325 $ 40,302 $ 68,409 $ 533,390 Total securities loaned and other 51,764 76 — 895 52,735 Remaining contractual maturity of the agreements Overnight and continuous Greater than December 31, 2020 (in millions) Up to 30 days 30 – 90 days Total Total securities sold under repurchase agreements $ 238,667 $ 230,980 $ 70,777 $ 37,636 $ 578,060 Total securities loaned and other 37,887 1,647 500 1,332 41,366 Transfers not qualifying for sale accounting At September 30, 2021, and December 31, 2020, the Firm held $484 million and $598 million, respectively, of financial assets for which the rights have been transferred to third parties; however, the transfers did not qualify as a sale in accordance with U.S. GAAP. These transfers have been recognized as collateralized financing transactions. The transferred assets are recorded in trading assets and loans, and the corresponding liabilities are recorded predominantly in short-term borrowings on the Consolidated balance sheets.

Loans

Loans	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Loans	Loans Loan accounting framework The accounting for a loan depends on management’s strategy for the loan. The Firm accounts for loans based on the following categories: • Originated or purchased loans held-for-investment (i.e., “retained”) • Loans held-for-sale • Loans at fair value Refer to Note 12 of JPMorgan Chase's 2020 Form 10-K for a detailed discussion of loans, including accounting policies. Refer to Note 3 of this Form 10-Q for further information on the Firm's elections of fair value accounting under the fair value option. Refer to Note 2 of this Form 10-Q for information on loans carried at fair value and classified as trading assets. Loan portfolio The Firm’s loan portfolio is divided into three portfolio segments, which are the same segments used by the Firm to determine the allowance for loan losses: Consumer, excluding credit card; Credit card; and Wholesale. Within each portfolio segment the Firm monitors and assesses the credit risk in the following classes of loans, based on the risk characteristics of each loan class. Consumer, excluding Credit card Wholesale (c)(d) • Residential real estate (a) • Auto and other (b) • Credit card loans • Secured by real estate • Commercial and industrial • Other (e) (a) Includes scored mortgage and home equity loans held in CCB and AWM, and scored mortgage loans held in CIB and Corporate. (b) Includes scored auto and business banking loans and overdrafts. (c) Includes loans held in CIB, CB, AWM, Corporate as well as risk-rated loans held in CCB, including business banking and auto dealer loans for which the wholesale methodology is applied when determining the allowance for loan losses. (d) The wholesale portfolio segment's classes align with loan classifications as defined by the bank regulatory agencies, based on the loan's collateral, purpose, and type of borrower. (e) Includes loans to financial institutions, states and political subdivisions, SPEs, nonprofits, personal investment companies and trusts, as well as loans to individuals and individual entities (predominantly Global Private Bank clients within AWM). Refer to Note 14 of JPMorgan Chase’s 2020 Form 10-K for more information on SPEs. The following tables summarize the Firm’s loan balances by portfolio segment. September 30, 2021 Consumer, excluding credit card Credit card Wholesale Total (a)(b) (in millions) Retained $ 298,308 $ 143,166 $ 532,786 $ 974,260 Held-for-sale 1,407 — 8,320 9,727 At fair value 28,449 — 32,179 60,628 Total $ 328,164 $ 143,166 $ 573,285 $ 1,044,615 December 31, 2020 Consumer, excluding credit card Credit card Wholesale Total (a)(b) (in millions) Retained $ 302,127 $ 143,432 $ 514,947 $ 960,506 Held-for-sale 1,305 784 5,784 7,873 At fair value 15,147 — 29,327 44,474 Total $ 318,579 $ 144,216 $ 550,058 $ 1,012,853 (a) Excludes $2.7 billion and $2.9 billion of accrued interest receivables at September 30, 2021, and December 31, 2020, respectively. The Firm wrote off accrued interest receivables of $10 million and $34 million for the three months ended September 30, 2021 and 2020, respectively, and $30 million and $82 million for the nine months ended September 30, 2021 and 2020, respectively. (b) Loans (other than those for which the fair value option has been elected) are presented net of unamortized discounts and premiums and net deferred loan fees or costs. These amounts were not material as of September 30, 2021, and December 31, 2020. The following tables provide information about the carrying value of retained loans purchased, sold and reclassified to held-for-sale during the periods indicated. Loans that were reclassified to held-for-sale and sold in a subsequent period are excluded from the sales line of this table. 2021 2020 Three months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding Credit card Wholesale Total Purchases $ 101 (b)(c) $ — $ 245 $ 346 $ 1,780 (b)(c) $ — $ 309 $ 2,089 Sales — — 7,826 7,826 — — 4,578 4,578 Retained loans reclassified to held-for-sale (a) 522 — 397 919 995 787 403 2,185 2021 2020 Nine months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding Credit card Wholesale Total Purchases $ 403 (b)(c) $ — $ 772 $ 1,175 $ 3,180 (b)(c) $ — $ 937 $ 4,117 Sales 181 — 22,307 22,488 348 — 13,579 13,927 Retained loans reclassified to held-for-sale (a) 771 — 2,061 2,832 1,822 787 1,154 3,763 (a) Reclassifications of loans to held-for-sale are non-cash transactions. (b) Predominantly includes purchases of residential real estate loans, including the Firm’s voluntary repurchases of certain delinquent loans from loan pools as permitted by Government National Mortgage Association (“Ginnie Mae”) guidelines for the three and nine months ended September 30, 2021 and 2020. The Firm typically elects to repurchase these delinquent loans as it continues to service them and/or manage the foreclosure process in accordance with applicable requirements of Ginnie Mae, FHA, RHS, and/or VA. (c) Excludes purchases of retained loans of $7.3 billion and $3.1 billion for the three months ended September 30, 2021 and 2020, respectively, and $19.3 billion and $10.5 billion for the nine months ended September 30, 2021 and 2020, respectively, which are predominantly sourced through the correspondent origination channel and underwritten in accordance with the Firm’s standards. Gains and losses on sales of loans Net gains/(losses) on sales of loans and lending-related commitments (including adjustments to record loans and lending-related commitments held-for-sale at the lower of cost or fair value) recognized in noninterest revenue for the three and nine months ended September 30, 2021 was $31 million and $225 million, respectively, of which $30 million and $211 million, respectively, related to loans. Net gains/(losses) on sales of loans and lending-related commitments for the three and nine months ended September 30, 2020 was $113 million and $(75) million, respectively, of which $24 million and $(76) million, respectively, related to loans. In addition, the sale of loans may also result in write downs, recoveries or changes in the allowance recognized in the provision for credit losses. Loan modifications The Firm has granted various forms of assistance to customers and clients impacted by the COVID-19 pandemic, including payment deferrals and covenant modifications. The majority of the Firm’s COVID-19 related loan modifications have not been considered TDRs because: • they represent short-term or other insignificant modifications, whether under the Firm’s regular loan modification assessments or as permitted by regulatory guidance, or • the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. To the extent that certain modifications do not meet any of the above criteria, the Firm accounts for them as TDRs. As permitted by regulatory guidance, the Firm does not place loans with deferrals granted due to COVID-19 on nonaccrual status where such loans are not otherwise reportable as nonaccrual. The Firm considers expected losses of principal and accrued interest associated with all COVID-19 related loan modifications in its allowance for credit losses. Assistance provided in response to the COVID-19 pandemic could delay the recognition of delinquencies, nonaccrual status, and net charge-offs for those customers who would have otherwise moved into past due or nonaccrual status. Consumer, excluding credit card loan portfolio Consumer loans, excluding credit card loans, consist primarily of scored residential mortgages, home equity loans and lines of credit, auto and business banking loans, with a focus on serving the prime consumer credit market. The portfolio also includes home equity loans secured by junior liens, prime mortgage loans with an interest-only payment period and certain payment-option loans that may result in negative amortization. The following table provides information about retained consumer loans, excluding credit card, by class. (in millions) September 30, December 31, Residential real estate $ 221,671 $ 225,302 Auto and other (a) 76,637 76,825 Total retained loans $ 298,308 $ 302,127 (a) At September 30, 2021 and December 31, 2020, included $11.1 billion and $19.2 billion of loans, respectively, in Business Banking under the PPP. Delinquency rates are the primary credit quality indicator for consumer loans. Refer to Note 12 of JPMorgan Chase's 2020 Form 10-K for further information on consumer credit quality indicators. Residential real estate The following tables provide information on delinquency, which is the primary credit quality indicator for retained residential real estate loans. (in millions, except ratios) September 30, 2021 Term loans by origination year (d) Revolving loans Total 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Loan delinquency (a)(b) Current $ 50,900 $ 51,577 $ 21,058 $ 8,958 $ 13,231 $ 54,691 $ 6,707 $ 12,595 $ 219,717 30–149 days past due 11 13 17 17 10 479 16 172 735 150 or more days past due — — 7 5 13 927 5 262 1,219 Total retained loans $ 50,911 $ 51,590 $ 21,082 $ 8,980 $ 13,254 $ 56,097 $ 6,728 $ 13,029 $ 221,671 % of 30+ days past due to total retained loans (c) 0.02 % 0.03 % 0.11 % 0.24 % 0.17 % 2.45 % 0.31 % 3.33 % 0.87 % (in millions, except ratios) December 31, 2020 Term loans by origination year (d) Revolving loans Total 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Loan delinquency (a)(b) Current $ 56,576 (e) $ 31,820 $ 13,900 $ 20,410 $ 27,978 $ 49,218 (e) $ 7,902 (e) $ 15,260 (e) $ 223,064 30–149 days past due 9 25 20 22 29 674 21 245 1,045 150 or more days past due 3 14 10 18 18 844 22 264 1,193 Total retained loans $ 56,588 $ 31,859 $ 13,930 $ 20,450 $ 28,025 $ 50,736 $ 7,945 $ 15,769 $ 225,302 % of 30+ days past due to total retained loans (c) 0.02 % 0.12 % 0.22 % 0.20 % 0.17 % 2.91 % (e) 0.54 % (e) 3.23 % (e) 0.98 % (a) Individual delinquency classifications include mortgage loans insured by U.S. government agencies as follows: current included $41 million and $36 million; 30–149 days past due included $11 million and $16 million; and 150 or more days past due included $20 million and $24 million at September 30, 2021 and December 31, 2020, respectively. (b) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (c) At September 30, 2021 and December 31, 2020, residential real estate loans excluded mortgage loans insured by U.S. government agencies of $31 million and $40 million, respectively, that are 30 or more days past due. These amounts have been excluded based upon the government guarantee. (d) Purchased loans are included in the year in which they were originated. (e) Prior-period amounts have been revised to conform with the current presentation. Approximately 36% of the total revolving loans are senior lien loans; the remaining balance are junior lien loans. The lien position the Firm holds is considered in the Firm’s allowance for credit losses. Revolving loans that have been converted to term loans have higher delinquency rates than those that are still within the revolving period. That is primarily because the fully-amortizing payment that is generally required for those products is higher than the minimum payment options available for revolving loans within the revolving period. Nonaccrual loans and other credit quality indicators The following table provides information on nonaccrual and other credit quality indicators for retained residential real estate loans. (in millions, except weighted-average data) September 30, 2021 December 31, 2020 Nonaccrual loans (a)(b)(c)(d) $ 4,794 $ 5,313 90 or more days past due and government guaranteed (e) 25 33 Current estimated LTV ratios (f)(g)(h) Greater than 125% and refreshed FICO scores: Equal to or greater than 660 $ 12 $ 6 Less than 660 3 12 101% to 125% and refreshed FICO scores: Equal to or greater than 660 31 38 Less than 660 20 44 80% to 100% and refreshed FICO scores: Equal to or greater than 660 2,146 2,177 Less than 660 103 239 Less than 80% and refreshed FICO scores: Equal to or greater than 660 205,919 208,238 Less than 660 10,054 11,980 No FICO/LTV available 3,311 2,492 U.S. government-guaranteed 72 76 Total retained loans $ 221,671 $ 225,302 Weighted average LTV ratio (f)(i) 51 % 54 % Weighted average FICO (g)(i) 764 763 Geographic region (j) California $ 70,719 $ 73,444 New York 32,221 32,287 Florida 15,439 13,981 Texas 13,645 13,773 Illinois 11,860 13,130 Colorado 8,496 8,235 Washington 8,071 7,917 New Jersey 6,884 7,227 Massachusetts 6,009 5,784 Connecticut 5,188 5,024 All other (k) 43,139 44,500 Total retained loans $ 221,671 $ 225,302 (a) Includes collateral-dependent residential real estate loans that are charged down to the fair value of the underlying collateral less costs to sell. The Firm reports, in accordance with regulatory guidance, residential real estate loans that have been discharged under Chapter 7 bankruptcy and not reaffirmed by the borrower (“Chapter 7 loans”) as collateral-dependent nonaccrual TDRs, regardless of their delinquency status. At September 30, 2021, approximately 7% of Chapter 7 residential real estate loans were 30 days or more past due. (b) Generally, all consumer nonaccrual loans have an allowance. In accordance with regulatory guidance, certain nonaccrual loans that are considered collateral-dependent have been charged down to the lower of amortized cost or the fair value of their underlying collateral less costs to sell. If the value of the underlying collateral has subsequently improved, the related allowance may be negative. (c) Interest income on nonaccrual loans recognized on a cash basis was $41 million and $39 million and $127 million and $119 million for the three and nine months ended September 30, 2021 and 2020, respectively. (d) Generally excludes loans under payment deferral programs offered in response to the COVID-19 pandemic. Includes loans to customers that have exited COVID-19 payment related deferral programs and are 90 or more days past due, predominantly all of which were considered collateral-dependent at time of exit. (e) These balances are excluded from nonaccrual loans as the loans are guaranteed by U.S government agencies. Typically the principal balance of the loans is insured and interest is guaranteed at a specified reimbursement rate subject to meeting agreed-upon servicing guidelines. At September 30, 2021 and December 31, 2020, these balances were no longer accruing interest based on the agreed-upon servicing guidelines. There were no loans that were not guaranteed by U.S. government agencies that are 90 or more days past due and still accruing interest at September 30, 2021 and December 31, 2020. (f) Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. Current estimated combined LTV for junior lien home equity loans considers all available lien positions, as well as unused lines, related to the property. (g) Refreshed FICO scores represent each borrower’s most recent credit score, which is obtained by the Firm on at least a quarterly basis. (h) Prior-period amounts have been revised to conform with the current presentation. (i) Excludes loans with no FICO and/or LTV data available. (j) The geographic regions presented in the table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. (k) At September 30, 2021 and December 31, 2020, included mortgage loans insured by U.S. government agencies of $72 million and $76 million, respectively. These amounts have been excluded from the geographic regions presented based upon the government guarantee. Loan modifications Modifications of residential real estate loans where the Firm grants concessions to borrowers who are experiencing financial difficulty are generally accounted for and reported as TDRs. Loans with short-term or other insignificant modifications that are not considered concessions are not TDRs nor are loans for which the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. The carrying value of new TDRs was $116 million and $199 million for the three months ended September 30, 2021 and 2020, respectively, and $674 million and $537 million for the nine months ended September 30, 2021 and 2020, respectively. There were no additional commitments to lend to borrowers whose residential real estate loans have been modified in TDRs. Nature and extent of modifications The Firm’s proprietary modification programs as well as government programs, including U.S. GSE programs, generally provide various concessions to financially troubled borrowers including, but not limited to, interest rate reductions, term or payment extensions and delays of principal and/or interest payments that would otherwise have been required under the terms of the original agreement. The following table provides information about how residential real estate loans were modified in TDRs under the Firm’s loss mitigation programs described above during the periods presented. This table excludes Chapter 7 loans where the sole concession granted is the discharge of debt, loans with short-term or other insignificant modifications that are not considered concessions, and loans for which the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Number of loans approved for a trial modification 1,448 1,623 4,014 4,468 Number of loans permanently modified 917 1,615 3,817 5,200 Concession granted: (a) Interest rate reduction 75 % 40 % 74 % 51 % Term or payment extension 64 39 49 53 Principal and/or interest deferred 19 21 24 12 Principal forgiveness 1 1 2 2 Other (b) 24 65 39 65 (a) Represents concessions granted in permanent modifications as a percentage of the number of loans permanently modified. The sum of the percentages exceeds 100% because predominantly all of the modifications include more than one type of concession. Concessions offered on trial modifications are generally consistent with those granted on permanent modifications. (b) Includes variable interest rate to fixed interest rate modifications and payment delays that meet the definition of a TDR. Financial effects of modifications and redefaults The following table provides information about the financial effects of the various concessions granted in modifications of residential real estate loans under the loss mitigation programs described above and about redefaults of certain loans modified in TDRs for the periods presented. The following table presents only the financial effects of permanent modifications and do not include temporary concessions offered through trial modifications. This table also excludes Chapter 7 loans where the sole concession granted is the discharge of debt, loans with short-term or other insignificant modifications that are not considered concessions, and loans for which the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. (in millions, except weighted-average data) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Weighted-average interest rate of loans with interest rate reductions – before TDR 4.65 % 4.99 % 4.55 % 5.10 % Weighted-average interest rate of loans with interest rate reductions – after TDR 2.89 3.34 2.91 3.40 Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR 23 23 23 22 Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR 37 39 37 39 Charge-offs recognized upon permanent modification $ — $ 1 $ — $ 2 Principal deferred 5 3 23 12 Principal forgiven — 1 1 4 Balance of loans that redefaulted within one year of permanent modification (a) $ 52 $ 65 $ 97 $ 173 (a) Represents loans permanently modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The dollar amounts presented represent the balance of such loans at the end of the reporting period in which such loans defaulted. For residential real estate loans modified in TDRs, payment default is deemed to occur when the loan becomes two contractual payments past due. In the event that a modified loan redefaults, it will generally be liquidated through foreclosure or another similar type of liquidation transaction. Redefaults of loans modified within the last twelve months may not be representative of ultimate redefault levels. At September 30, 2021, the weighted-average estimated remaining lives of residential real estate loans permanently modified in TDRs were four years. The estimated remaining lives of these loans reflect estimated prepayments, both voluntary and involuntary (i.e., foreclosures and other forced liquidations). Active and suspended foreclosure At September 30, 2021 and December 31, 2020, the Firm had residential real estate loans, excluding those insured by U.S. government agencies, with a carrying value of $693 million and $846 million, respectively, that were not included in REO, but were in the process of active or suspended foreclosure. In response to the COVID-19 pandemic, the Firm has temporarily suspended certain foreclosure activities. This could delay recognition of foreclosed properties until the foreclosure moratoriums are lifted. Auto and other The following tables provide information on delinquency, which is the primary credit quality indicator for retained auto and other consumer loans. September 30, 2021 (in millions, except ratios) Term Loans by origination year Revolving loans 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Total Loan delinquency (a) Current $ 35,379 (c) $ 21,917 (c) $ 8,641 $ 4,466 $ 2,343 $ 993 $ 2,246 $ 129 $ 76,114 30–119 days past due 110 193 77 49 30 25 12 8 504 120 or more days past due — 4 — 1 — 1 5 8 19 Total retained loans $ 35,489 $ 22,114 $ 8,718 $ 4,516 $ 2,373 $ 1,019 $ 2,263 $ 145 $ 76,637 % of 30+ days past due to total retained loans (b) 0.31 % 0.32 % 0.88 % 1.11 % 1.26 % 2.55 % 0.75 % 11.03 % 0.68 % December 31, 2020 (in millions, except ratios) Term Loans by origination year Revolving loans 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Total Loan delinquency (a) Current $ 46,169 (d) $ 12,829 $ 7,367 $ 4,521 $ 2,058 $ 742 $ 2,517 $ 158 $ 76,361 30–119 days past due 97 107 77 53 42 23 30 17 446 120 or more days past due — — — 1 — 1 8 8 18 Total retained loans $ 46,266 $ 12,936 $ 7,444 $ 4,575 $ 2,100 $ 766 $ 2,555 $ 183 $ 76,825 % of 30+ days past due to total retained loans 0.21 % 0.83 % 1.03 % 1.18 % 2.00 % 3.13 % 1.49 % 13.66 % 0.60 % (a) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (b) At September 30, 2021, auto and other loans excluded $126 million of PPP loans guaranteed by the SBA that are 30 or more days past due. These amounts have been excluded based upon the SBA guarantee. At December 31, 2020, all PPP loans guaranteed by the SBA were current. (c) At September 30, 2021, included $9.1 billion of loans originated in 2021 and $2.0 billion of loans originated in 2020 in Business Banking under the PPP. PPP loans are guaranteed by the SBA. Other than in certain limited circumstances, the Firm typically does not recognize charge-offs, classify as nonaccrual nor record an allowance for loan losses on these loans. (d) At December 31, 2020, included $19.2 billion of loans in Business Banking under the PPP. Nonaccrual and other credit quality indicators The following table provides information on nonaccrual and other credit quality indicators for retained auto and other consumer loans. (in millions, except ratios) Total Auto and other September 30, 2021 December 31, 2020 Nonaccrual loans (a)(b)(c) 117 151 Geographic region (d) California $ 12,137 $ 12,302 Texas 8,333 8,235 New York 7,511 8,824 Florida 5,125 4,668 Illinois 3,333 3,768 New Jersey 2,580 2,646 Arizona 2,103 2,465 Pennsylvania 2,076 1,924 Ohio 2,029 2,163 Louisiana 1,870 1,808 All other 29,540 28,022 Total retained loans $ 76,637 $ 76,825 (a) There were no loans that were 90 or more days past due and still accruing interest at September 30, 2021 and December 31, 2020. (b) Generally, all consumer nonaccrual loans have an allowance. In accordance with regulatory guidance, certain nonaccrual loans that are considered collateral-dependent have been charged down to the lower of amortized cost or the fair value of their underlying collateral less costs to sell. If the value of the underlying collateral has subsequently improved, the related allowance may be negative. (c) Interest income on nonaccrual loans recognized on a cash basis was not material for the three and nine months ended months ended September 30, 2021 and 2020 . (d) The geographic regions presented in this table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. Loan modifications Certain auto and other loan modifications are considered to be TDRs as they provide various concessions to borrowers who are experiencing financial difficulty. Loans with short-term or other insignificant modifications that are not considered concessions are not TDRs. Credit card loan portfolio The credit card portfolio segment includes credit card loans originated and purchased by the Firm. Delinquency rates are the primary credit quality indicator for credit card loans. Refer to Note 12 of JPMorgan Chase's 2020 Form 10-K for further information on the credit card loan portfolio, including credit quality indicators. The following tables provide information on delinquency, which is the primary credit quality indicator for retained credit card loans. (in millions, except ratios) September 30, 2021 Within the revolving period Converted to term loans (b) Total Loan delinquency (a) Current and less than 30 days past due $ 140,730 $ 1,001 $ 141,731 30–89 days past due and still accruing 679 57 736 90 or more days past due and still accruing 674 25 699 Total retained loans $ 142,083 $ 1,083 $ 143,166 Loan delinquency ratios % of 30+ days past due to total retained loans 0.95 % 7.57 % 1.00 % % of 90+ days past due to total retained loans 0.47 2.31 0.49 (in millions, except ratios) December 31, 2020 Within the revolving period Converted to term loans (b) Total Loan delinquency (a) Current and less than 30 days past due $ 139,783 $ 1,239 $ 141,022 30–89 days past due and still accruing 997 94 1,091 90 or more days past due and still accruing 1,277 42 1,319 Total retained loans $ 142,057 $ 1,375 $ 143,432 Loan delinquency ratios % of 30+ days past due to total retained loans 1.60 % 9.89 % 1.68 % % of 90+ days past due to total retained loans 0.90 3.05 0.92 (a) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (b) Represents TDRs. Other credit quality indicators The following table provides information on other credit quality indicators for retained credit card loans. (in millions, except ratios) September 30, 2021 December 31, 2020 Geographic region (a) California $ 21,211 $ 20,921 Texas 14,752 14,544 New York 11,924 11,919 Florida 9,514 9,562 Illinois 8,004 8,006 New Jersey 5,967 5,927 Ohio 4,566 4,673 Pennsylvania 4,332 4,476 Colorado 4,322 4,092 Michigan 3,513 3,553 All other 55,061 55,759 Total retained loans $ 143,166 $ 143,432 Percentage of portfolio based on carrying value with estimated refreshed FICO scores Equal to or greater than 660 88.2 % 85.9 % Less than 660 11.6 13.9 No FICO available 0.2 0.2 (a) The geographic regions presented in the table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. Loan modifications The Firm may offer one of a number of loan modification programs granting concessions to credit card borrowers who are experiencing financial difficulty. The Firm grants concessions for most of the credit card loans under long-term programs. These modifications involve placing the customer on a fixed payment plan, generally for 60 months, and typically include reducing the interest rate on the credit card. Substantially all modifications under the Firm’s long-term programs are considered to be TDRs. Loans with short-term or other insignificant modifications that are not considered concessions are not TDRs. If the cardholder does not comply with the modified payment terms, then the credit card loan continues to age and will ultimately be charged-off in accordance with the Firm’s standard charge-off policy. In most cases, the Firm does not reinstate the borrower’s line of credit. Financial effects of modifications and redefaults The following table provides information about the financial effects of the concessions granted on credit card loans modified in TDRs and redefaults for the periods presented. For all periods disclosed, new enrollments were less than 1% of total retained credit card loans. (in millions, except Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Balance of new TDRs (a) $ 82 $ 220 $ 315 $ 648 Weighted-average interest rate of loans – before TDR 17.75 % 17.65 % 17.79 % 18.21 % Weighted-average interest rate of loans – after TDR 5.15 4.80 5.19 4.55 Balance of loans that redefaulted within one year of modification (b) $ 13 $ 22 $ 45 $ 83 (a) Represents the outstanding balance prior to modification. (b) Represents loans modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The amounts presented represent the balance of such loans as of the end of the quarter in which they defaulted. Wholesale loan portfolio Wholesale loans include loans made to a variety of clients, ranging from large corporate and institutional clients, to small businesses and high-net-worth individuals. The primary credit quality indicator for wholesale loans is the internal risk rating assigned to each loan. Refer to Note 12 of JPMorgan Chase’s 2020 Form 10-K for further information on these risk ratings. The following tables provide information on internal risk rating, which is the primary credit quality indicator for retained wholesale loans. Secured by real estate Commercial and industrial Other (a) Total retained loans (in millions, except ratios) Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Loans by risk ratings Investment-grade $ 90,209 $ 90,147 $ 68,112 $ 71,917 $ 230,185 $ 217,209 $ 388,506 $ 379,273 Noninvestment-grade: Noncriticized 23,661 26,129 56,658 57,870 49,097 33,053 129,416 117,052 Criticized performing 3,922 3,234 7,712 10,991 1,146 1,079 12,780 15,304 Criticized nonaccrual 375 483 994 1,931 715 904 2,084 3,318 Total noninvestment- grade 27,958 29,846 65,364 70,792 50,958 35,036 144,280 135,674 Total retained loans $ 118,167 $ 119,993 $ 133,476 $ 142,709 $ 281,143 $ 252,245 $ 532,786 $ 514,947 % of investment-grade to total retained loans 76.34 % 75.13 % 51.03 % 50.39 % 81.87 % 86.11 % 72.92 % 73.65 % % of total criticized to total retained loans 3.64 3.10 6.52 9.05 0.66 0.79 2.79 3.62 % of criticized nonaccrual to total retained loans 0.32 0.40 0.74 1.35 0.25 0.36 0.39 0.64 (a) Includes loans to financial institutions, states and political subdivisions, SPEs, nonprofits,

Allowance for Credit Losses

Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2021
Credit Loss [Abstract]
Allowance for Credit Losses	Allowance for credit losses The Firm's allowance for credit losses represents management's estimate of expected credit losses over the remaining expected life of the Firm's financial assets measured at amortized cost and certain off-balance sheet lending-related commitments. Refer to Note 13 of JPMorgan Chase's 2020 Form 10-K for a detailed discussion of the allowance for credit losses and the related accounting policies. Allowance for credit losses and related information The table below summarizes information about the allowances for loan losses and lending-related commitments, and includes a breakdown of loans and lending-related commitments by impairment methodology. Refer to Note 10 of JPMorgan Chase’s 2020 Form 10-K for further information on the allowance for credit losses on investment securities. 2021 2020 Nine months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding credit card Credit card Wholesale Total Allowance for loan losses Beginning balance at January 1, $ 3,636 $ 17,800 $ 6,892 $ 28,328 $ 2,538 $ 5,683 $ 4,902 $ 13,123 Cumulative effect of a change in accounting principle NA NA NA NA 297 5,517 (1,642) 4,172 Gross charge-offs 452 2,957 187 3,596 620 4,104 641 5,365 Gross recoveries collected (470) (724) (87) (1,281) (483) (585) (88) (1,156) Net charge-offs/(recoveries) (18) 2,233 100 2,315 137 3,519 553 4,209 Provision for loan losses (1,778) (3,917) (2,162) (7,857) 1,803 10,119 5,802 17,724 Other (2) — (4) (6) 1 — 3 4 Ending balance at September 30, $ 1,874 $ 11,650 $ 4,626 $ 18,150 $ 4,502 $ 17,800 $ 8,512 $ 30,814 Allowance for lending-related commitments Beginning balance at January 1, $ 187 $ — $ 2,222 $ 2,409 $ 12 $ — $ 1,179 $ 1,191 Cumulative effect of a change in accounting principle NA NA NA NA 133 — (35) 98 Provision for lending-related commitments (45) — (61) (106) 71 — 1,464 1,535 Other — — 2 2 — — (1) (1) Ending balance at September 30, $ 142 $ — $ 2,163 $ 2,305 $ 216 $ — $ 2,607 $ 2,823 Total allowance for credit losses (a) $ 2,016 $ 11,650 $ 6,789 $ 20,455 $ 4,718 $ 17,800 $ 11,119 $ 33,637 Allowance for loan losses by impairment methodology Asset-specific (b) $ (571) $ 383 $ 357 $ 169 $ 228 $ 652 $ 792 $ 1,672 Portfolio-based 2,445 11,267 4,269 17,981 4,274 17,148 7,720 29,142 Total allowance for loan losses $ 1,874 $ 11,650 $ 4,626 $ 18,150 $ 4,502 $ 17,800 $ 8,512 $ 30,814 Loans by impairment methodology Asset-specific (b) $ 14,464 $ 1,083 $ 2,330 $ 17,877 $ 16,888 $ 1,432 $ 3,856 $ 22,176 Portfolio-based 283,844 142,083 530,456 956,383 288,218 138,158 496,985 923,361 Total retained loans $ 298,308 $ 143,166 $ 532,786 $ 974,260 $ 305,106 $ 139,590 $ 500,841 $ 945,537 Collateral-dependent loans Net charge-offs $ 26 $ — $ 9 $ 35 $ 109 $ — $ 22 $ 131 Loans measured at fair value of collateral less cost to sell 4,460 — 364 4,824 4,517 — 130 4,647 Allowance for lending-related commitments by impairment methodology Asset-specific $ — $ — $ 129 $ 129 $ — $ — $ 109 $ 109 Portfolio-based 142 — 2,034 2,176 216 — 2,498 2,714 Total allowance for lending-related commitments (c) $ 142 $ — $ 2,163 $ 2,305 $ 216 $ — $ 2,607 $ 2,823 Lending-related commitments by impairment methodology Asset-specific $ — $ — $ 641 $ 641 $ — $ — $ 607 $ 607 Portfolio-based (d) 36,819 — 457,548 494,367 35,587 — 416,267 (d) 451,854 Total lending-related commitments $ 36,819 $ — $ 458,189 $ 495,008 $ 35,587 $ — $ 416,874 $ 452,461 (a) Excludes the allowance for credit losses on investment securities of $73 million and $120 million as of September 30, 2021 and 2020, respectively. (b) Includes collateral dependent loans, including those considered TDRs and those for which foreclosure is deemed probable, modified PCD loans and non-collateral dependent loans that have been modified or are reasonably expected to be modified in a TDR. Also includes risk-rated loans that have been placed on nonaccrual status for the wholesale portfolio segment. The asset-specific credit card allowance for loans modified, or reasonably expected to be modified, in a TDR is calculated based on the loans’ original contractual interest rates and does not consider any incremental penalty rates. (c) The allowance for lending-related commitments is reported in accounts payable and other liabilities on the Consolidated balance sheets. (d) At September 30, 2021 and 2020, lending-related commitments excluded $19.9 billion and $10.8 billion, respectively, for the consumer, excluding credit card portfolio segment; $710.6 billion and $662.9 billion, respectively, for the credit card portfolio segment; and $41.0 billion and $24.4 billion, respectively, for the wholesale portfolio segment, which were not subject to the allowance for lending-related commitments. Prior-period amount for wholesale lending-related commitments, including the amount not subject to allowance, has been revised to conform with the current presentation. Discussion of changes in the allowance The allowance for credit losses as of September 30, 2021 was $20.5 billion, a decrease from $30.8 billion at December 31, 2020. The decrease in the allowance for credit losses reflected: • an $8.0 billion reduction in consumer, predominantly in the credit card portfolio, reflecting improvements in the Firm's macroeconomic outlook; and • a $2.3 billion net reduction in wholesale, across the LOBs, reflecting improvements in the Firm's macroeconomic outlook. The COVID-19 pandemic has stressed many MEVs used in the Firm's allowance estimate which has created challenges in the use of modeled credit loss estimates, increased the reliance on management judgment, and resulted in adjustments to appropriately address the economic circumstances. These adjustments continued through the third quarter of 2021, although to a lesser extent than experienced during 2020. The U.S. economy has continued to improve despite the ongoing impact of the COVID-19 pandemic, with the benefits of vaccination resulting in improvements in the Firm's macroeconomic outlook, particularly in the adverse scenarios. However, uncertainties remain, including the impact that additional waves and variants of COVID-19 may have on the pace of economic growth, the strength of underlying labor markets with the expiration of government assistance programs, and the potential for changes in consumer behavior that could have longer term impacts on certain sectors. As a result of these uncertainties, the Firm retained meaningful weighting on its adverse scenarios in the third quarter of 2021, in line with the second quarter of 2021, but to a lesser extent than the fourth quarter of 2020. These adverse scenarios incorporate more punitive macroeconomic factors than the central case assumptions outlined below, resulting in a weighted average U.S. unemployment rate near 7% into the first quarter of 2022 and falling below 6% in the third quarter of 2022, and a weighted average cumulative change in U.S. GDP of 3.8% in the fourth quarter of 2022. The Firm’s central case assumptions reflected U.S. unemployment rates and U.S. real GDP as follows : Assumptions at September 30, 2021 4Q21 2Q22 4Q22 U.S. unemployment rate (a) 5.1 % 4.4 % 4.1 % Cumulative change in U.S. real GDP from 12/31/2019 3.3 % 5.0 % 6.2 % Assumptions at December 31, 2020 2Q21 4Q21 2Q22 U.S. unemployment rate (a) 6.8 % 5.7 % 5.1 % Cumulative change in U.S. real GDP from 12/31/2019 (1.9) % 0.6 % 2.0 % (a) Reflects quarterly average of forecasted U.S. unemployment rate.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2021
Variable Interest Entities [Abstract]
Variable Interest Entities	Variable interest entities Refer to Note 1 of JPMorgan Chase’s 2020 Form 10-K for a further description of JPMorgan Chase’s accounting policies regarding consolidation of VIEs. Refer to Note 14 of JPMorgan Chase's 2020 Form 10-K for a detailed discussion of VIEs, including the Firm’s accounting policies regarding securitizations. The following table summarizes the most significant types of Firm-sponsored VIEs by business segment. The Firm considers a “Firm-sponsored” VIE to include any entity where: (1) JPMorgan Chase is the primary beneficiary of the structure; (2) the VIE is used by JPMorgan Chase to securitize Firm assets; (3) the VIE issues financial instruments with the JPMorgan Chase name; or (4) the entity is a JPMorgan Chase–administered asset-backed commercial paper conduit. Line of Business Transaction Type Activity Form 10-Q page references CCB Credit card securitization trusts Securitization of originated credit card receivables 155 Mortgage securitization trusts Servicing and securitization of both originated and purchased residential mortgages 155-157 CIB Mortgage and other securitization trusts Securitization of both originated and purchased residential and commercial mortgages, and other consumer loans 155-157 Multi-seller conduits Assist clients in accessing the financial markets in a cost-efficient manner and structures transactions to meet investor needs 157 Municipal bond vehicles Financing of municipal bond investments 157 The Firm also invests in and provides financing and other services to VIEs sponsored by third parties. Refer to pages 158–159 of this Note for more information on consolidated VIE assets and liabilities as well as the VIEs sponsored by third parties. Significant Firm-sponsored VIEs Credit card securitizations As a result of the Firm’s continuing involvement, the Firm is considered to be the primary beneficiary of its Firm-sponsored credit card securitization trust, the Chase Issuance Trust. Firm-sponsored mortgage and other securitization trusts The Firm securitizes (or has securitized) originated and purchased residential mortgages, commercial mortgages and other consumer loans primarily in its CCB and CIB businesses. Depending on the particular transaction, as well as the respective business involved, the Firm may act as the servicer of the loans and/or retain certain beneficial interests in the securitization trusts. The following tables present the total unpaid principal amount of assets held in Firm-sponsored private-label securitization entities, including those in which the Firm has continuing involvement, and those that are consolidated by the Firm. Continuing involvement includes servicing the loans, holding senior interests or subordinated interests (including amounts required to be held pursuant to credit risk retention rules), recourse or guarantee arrangements, and derivative contracts. In certain instances, the Firm’s only continuing involvement is servicing the loans. The Firm’s maximum loss exposure from retained and purchased interests is the carrying value of these interests. Principal amount outstanding JPMorgan Chase interest in securitized assets in nonconsolidated VIEs (c)(d)(e) September 30, 2021 (in millions) Total assets held by securitization VIEs Assets Assets held in nonconsolidated securitization VIEs with continuing involvement Trading assets Investment securities Other financial assets Total interests held by JPMorgan Securitization-related (a) Residential mortgage: Prime/Alt-A and option ARMs $ 52,280 $ 1,057 $ 43,700 $ 561 $ 572 $ 100 $ 1,233 Subprime 11,430 29 10,537 3 — — 3 Commercial and other (b) 135,904 — 110,012 861 2,443 324 3,628 Total $ 199,614 $ 1,086 $ 164,249 $ 1,425 $ 3,015 $ 424 $ 4,864 Principal amount outstanding JPMorgan Chase interest in securitized assets in nonconsolidated VIEs (c)(d)(e) December 31, 2020 (in millions) Total assets held by securitization VIEs Assets Assets held in nonconsolidated securitization VIEs with continuing involvement Trading assets Investment securities Other financial assets Total interests held by Securitization-related (a) Residential mortgage: Prime/Alt-A and option ARMs $ 49,644 $ 1,693 $ 41,265 $ 574 $ 724 $ — $ 1,298 Subprime 12,896 46 12,154 9 — — 9 Commercial and other (b) 119,732 — 92,351 955 1,549 262 2,766 Total $ 182,272 $ 1,739 $ 145,770 $ 1,538 $ 2,273 $ 262 $ 4,073 (a) Excludes U.S. GSEs and government agency securitizations and re-securitizations, which are not Firm-sponsored. (b) Consists of securities backed by commercial real estate loans and non-mortgage-related consumer receivables purchased from third parties. (c) Excludes the following: retained servicing; securities retained from loan sales and securitization activity related to U.S. GSEs and government agencies; interest rate and foreign exchange derivatives primarily used to manage interest rate and foreign exchange risks of securitization entities; senior and subordinated securities of $167 million and $72 million, respectively, at September 30, 2021, and $105 million and $40 million, respectively, at December 31, 2020, which the Firm purchased in connection with CIB’s secondary market-making activities. (d) Includes interests held in re-securitization transactions. (e) As of both September 30, 2021 and December 31, 2020, 73% of the Firm’s retained securitization interests, which are predominantly carried at fair value and include amounts required to be held pursuant to credit risk retention rules, were risk-rated “A” or better, on an S&P-equivalent basis. The retained interests in prime residential mortgages consisted of $1.1 billion and $1.3 billion of investment-grade retained interests, and $131 million and $41 million of noninvestment-grade retained interests at September 30, 2021, and December 31, 2020, respectively. The retained interests in commercial and other securitization trusts consisted of $2.8 billion and $2.0 billion of investment-grade retained interests, and $854 million and $753 million of noninvestment-grade retained interests at September 30, 2021 and December 31, 2020, respectively. Residential mortgage The Firm securitizes residential mortgage loans originated by CCB, as well as residential mortgage loans purchased from third parties by either CCB or CIB. Commercial mortgages and other consumer securitizations CIB originates and securitizes commercial mortgage loans, and engages in underwriting and trading activities involving the securities issued by securitization trusts. Re-securitizations The following table presents the principal amount of securities transferred to re-securitization VIEs. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Transfers of securities to VIEs U.S. GSEs and government agencies $ 11,258 $ 12,488 $ 43,157 $ 27,710 The Firm did not transfer any private label securities to re-securitization VIEs during the three and nine months ended September 30, 2021 and 2020, and retained interests in any such Firm-sponsored VIEs as of September 30, 2021 and December 31, 2020 were immaterial. The following table presents information on the Firm's interests in nonconsolidated re-securitization VIEs. Nonconsolidated (in millions) September 30, 2021 December 31, 2020 U.S. GSEs and government agencies Interest in VIEs $ 2,074 $ 2,631 As of September 30, 2021, and December 31, 2020, the Firm did not consolidate any U.S. GSE and government agency re-securitization VIEs or any Firm-sponsored private-label re-securitization VIEs. Multi-seller conduits In the normal course of business, JPMorgan Chase makes markets in and invests in commercial paper issued by the Firm-administered multi-seller conduits. The Firm held $12.5 billion and $13.5 billion of the commercial paper issued by the Firm-administered multi-seller conduits at September 30, 2021, and December 31, 2020, respectively, which have been eliminated in consolidation. The Firm’s investments reflect the Firm’s funding needs and capacity and were not driven by market illiquidity. Other than the amounts required to be held pursuant to credit risk retention rules, the Firm is not obligated under any agreement to purchase the commercial paper issued by the Firm-administered multi-seller conduits. Deal-specific liquidity facilities, program-wide liquidity and credit enhancement provided by the Firm have been eliminated in consolidation. The Firm or the Firm-administered multi-seller conduits provide lending-related commitments to certain clients of the Firm-administered multi-seller conduits. The unfunded commitments were $12.5 billion and $12.2 billion at September 30, 2021, and December 31, 2020, respectively, and are reported as off-balance sheet lending-related commitments in other unfunded commitments to extend credit. Refer to Note 22 for more information on off-balance sheet lending-related commitments. Municipal bond vehicles Municipal bond vehicles or tender option bond (“TOB”) trusts allow institutions to finance their municipal bond investments at short-term rates. TOB transactions are known as customer TOB trusts and non-customer TOB trusts. Customer TOB trusts are sponsored by a third party. The Firm serves as sponsor for all non-customer TOB transactions. Consolidated VIE assets and liabilities The following table presents information on assets and liabilities related to VIEs consolidated by the Firm as of September 30, 2021, and December 31, 2020. Assets Liabilities September 30, 2021 (in millions) Trading assets Loans Other (c) Total assets (d) Beneficial interests in VIE assets (e) Other (f) Total VIE program type Firm-sponsored credit card trusts $ — $ 10,606 $ 97 $ 10,703 $ 2,396 $ 1 $ 2,397 Firm-administered multi-seller conduits 2 21,077 76 21,155 8,612 37 8,649 Municipal bond vehicles 2,009 — 4 2,013 1,976 — 1,976 Mortgage securitization entities (a) — 1,091 47 1,138 216 90 306 Other — 2,578 (b) 292 2,870 57 106 163 Total $ 2,011 $ 35,352 $ 516 $ 37,879 $ 13,257 $ 234 $ 13,491 Assets Liabilities December 31, 2020 (in millions) Trading assets Loans Other (c) Total assets (d) Beneficial interests in VIE assets (e) Other (f) Total VIE program type Firm-sponsored credit card trusts $ — $ 11,962 $ 148 $ 12,110 $ 4,943 $ 3 $ 4,946 Firm-administered multi-seller conduits 2 23,787 188 23,977 10,523 33 10,556 Municipal bond vehicles 1,930 — 2 1,932 1,902 — 1,902 Mortgage securitization entities (a) — 1,694 94 1,788 210 108 318 Other 2 176 249 427 — 89 89 Total $ 1,934 $ 37,619 $ 681 $ 40,234 $ 17,578 $ 233 $ 17,811 (a) Includes residential and commercial mortgage securitizations. (b) Predominantly includes purchased supply chain finance receivables and purchased auto loan securitizations in CIB. (c) Includes assets classified as cash and other assets on the Consolidated balance sheets. (d) The assets of the consolidated VIEs included in the program types above are used to settle the liabilities of those entities. The assets and liabilities include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. (e) The interest-bearing beneficial interest liabilities issued by consolidated VIEs are classified in the line item on the Consolidated balance sheets titled, “Beneficial interests issued by consolidated VIEs”. The holders of these beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. Included in beneficial interests in VIE assets are long-term beneficial interests of $2.7 billion and $5.2 billion at September 30, 2021, and December 31, 2020, respectively. (f) Includes liabilities classified as accounts payable and other liabilities on the Consolidated balance sheets. VIEs sponsored by third parties The Firm enters into transactions with VIEs structured by other parties. These include, for example, acting as a derivative counterparty, liquidity provider, investor, underwriter, placement agent, remarketing agent, trustee or custodian. These transactions are conducted at arm’s-length, and individual credit decisions are based on the analysis of the specific VIE, taking into consideration the quality of the underlying assets. Where the Firm does not have the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance, or a variable interest that could potentially be significant, the Firm generally does not consolidate the VIE, but it records and reports these positions on its Consolidated balance sheets in the same manner it would record and report positions in respect of any other third-party transaction. Tax credit vehicles The Firm holds investments in unconsolidated tax credit vehicles, which are limited partnerships and similar entities that own and operate affordable housing, energy, and other projects. These entities are primarily considered VIEs. A third party is typically the general partner or managing member and has control over the significant activities of the tax credit vehicles, and accordingly the Firm does not consolidate tax credit vehicles. The Firm generally invests in these partnerships as a limited partner and earns a return primarily through the receipt of tax credits allocated to the projects. The maximum loss exposure, represented by equity investments and funding commitments, was $24.7 billion and $23.6 billion, of which $8.6 billion and $8.7 billion was unfunded at September 30, 2021 and December 31, 2020, respectively. The prior-period maximum loss exposure amount has been revised to conform with the current presentation. The Firm assesses each project and to reduce the risk of loss, may withhold varying amounts of its capital investment until the project qualifies for tax credits. Refer to Note 25 of JPMorgan Chase’s 2020 Form 10-K for further information on affordable housing tax credits and Note 22 of this Form 10-Q for more information on off-balance sheet lending-related commitments. Customer municipal bond vehicles (TOB trusts) The Firm may provide various services to customer TOB trusts, including remarketing agent, liquidity or tender option provider. In certain customer TOB transactions, the Firm, as liquidity provider, has entered into a reimbursement agreement with the Residual holder. In those transactions, upon the termination of the vehicle, the Firm has recourse to the third-party Residual holders for any shortfall. The Firm does not have any intent to protect Residual holders from potential losses on any of the underlying municipal bonds. The Firm does not consolidate customer TOB trusts, since the Firm does not have the power to make decisions that significantly impact the economic performance of the municipal bond vehicle. The Firm’s maximum exposure as a liquidity provider to customer TOB trusts at September 30, 2021 and December 31, 2020 was $6.9 billion and $6.7 billion, respectively. The fair value of assets held by such VIEs at September 30, 2021 and December 31, 2020 was $10.6 billion and $10.5 billion, respectively. Loan securitizations The Firm has securitized and sold a variety of loans, including residential mortgages, credit card receivables, and commercial mortgages. Securitization activity The following table provides information related to the Firm’s securitization activities for the three and nine months ended September 30, 2021 and 2020, related to assets held in Firm-sponsored securitization entities that were not consolidated by the Firm, and where sale accounting was achieved at the time of the securitization. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (in millions) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Principal securitized $ 8,245 $ 4,426 $ 2,852 $ 1,330 $ 16,437 $ 9,214 $ 6,450 $ 5,379 All cash flows during the period: (a) Proceeds received from loan sales as financial instruments (b)(c) $ 8,424 $ 4,456 $ 2,955 $ 1,392 $ 16,876 $ 9,335 $ 6,645 $ 5,577 Servicing fees collected 39 — 54 1 121 — 165 1 Cash flows received on interests 121 92 207 78 477 215 538 138 (a) Excludes re-securitization transactions. (b) Predominantly includes Level 2 assets. (c) The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale. (d) Represents prime mortgages. Excludes loan securitization activity related to U.S. GSEs and government agencies. (e) Includes commercial mortgage and other consumer loans. Loans and excess MSRs sold to U.S. government-sponsored enterprises and loans in securitization transactions pursuant to Ginnie Mae guidelines In addition to the amounts reported in the securitization activity tables above, the Firm, in the normal course of business, sells originated and purchased mortgage loans and certain originated excess MSRs on a nonrecourse basis, predominantly to U.S. GSEs. These loans and excess MSRs are sold primarily for the purpose of securitization by the U.S. GSEs, who provide certain guarantee provisions (e.g., credit enhancement of the loans). The Firm also sells loans into securitization transactions pursuant to Ginnie Mae guidelines; these loans are typically insured or guaranteed by another U.S. government agency. The Firm does not consolidate the securitization vehicles underlying these transactions as it is not the primary beneficiary. For a limited number of loan sales, the Firm is obligated to share a portion of the credit risk associated with the sold loans with the purchaser. Refer to Note 22 of this Form 10-Q for additional information about the Firm’s loan sales- and securitization-related indemnifications and Note 14 for additional information about the impact of the Firm’s sale of certain excess MSRs. The following table summarizes the activities related to loans sold to the U.S. GSEs, and loans in securitization transactions pursuant to Ginnie Mae guidelines. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Carrying value of loans sold $ 29,033 $ 18,065 $ 76,639 $ 60,447 Proceeds received from loan sales as cash 70 5 110 27 Proceeds from loan sales as securities (a)(b) 28,549 17,858 75,331 59,795 Total proceeds received from loan sales (c) $ 28,619 $ 17,863 $ 75,441 $ 59,822 Gains/(losses) on loan sales (d)(e) $ — $ — $ 4 $ 6 (a) Includes securities from U.S. GSEs and Ginnie Mae that are generally sold shortly after receipt or retained as part of the Firm’s investment securities portfolio. (b) Included in level 2 assets. (c) Excludes the value of MSRs retained upon the sale of loans. (d) Gains/(losses) on loan sales include the value of MSRs. (e) The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale. Options to repurchase delinquent loans In addition to the Firm’s obligation to repurchase certain loans due to material breaches of representations and warranties as discussed in Note 22, the Firm also has the option to repurchase delinquent loans that it services for Ginnie Mae loan pools, as well as for other U.S. government agencies under certain arrangements. The Firm typically elects to repurchase delinquent loans from Ginnie Mae loan pools as it continues to service them and/or manage the foreclosure process in accordance with the applicable requirements, and such loans continue to be insured or guaranteed. When the Firm’s repurchase option becomes exercisable, such loans must be reported on the Consolidated balance sheets as a loan with a corresponding liability. Refer to Note 11 for additional information. The following table presents loans the Firm repurchased or had an option to repurchase, real estate owned, and foreclosed government-guaranteed residential mortgage loans recognized on the Firm’s Consolidated balance sheets as of September 30, 2021 and December 31, 2020. Substantially all of these loans and real estate are insured or guaranteed by U.S. government agencies. (in millions) Sep 30, Dec 31, Loans repurchased or option to repurchase (a) $ 1,103 $ 1,413 Real estate owned 5 9 Foreclosed government-guaranteed residential mortgage loans (b) 44 64 (a) Predominantly all of these amounts relate to loans that have been repurchased from Ginnie Mae loan pools. (b) Relates to voluntary repurchases of loans, which are included in accrued interest and accounts receivable. Loan delinquencies and liquidation losses The table below includes information about components of and delinquencies related to nonconsolidated securitized financial assets held in Firm-sponsored private-label securitization entities, in which the Firm has continuing involvement as of September 30, 2021, and December 31, 2020. Net liquidation losses Securitized assets 90 days past due Three months ended September 30, Nine months ended September 30, (in millions) Sep 30, Dec 31, Sep 30, Dec 31, 2021 2020 2021 2020 Securitized loans Residential mortgage: Prime / Alt-A & option ARMs $ 43,700 $ 41,265 $ 3,160 $ 4,988 $ — $ 9 $ 14 $ 184 Subprime 10,537 12,154 1,808 2,406 — 24 18 159 Commercial and other 110,012 92,351 3,254 5,958 244 — 265 11 Total loans securitized $ 164,249 $ 145,770 $ 8,222 $ 13,352 $ 244 $ 33 $ 297 $ 354

Goodwill and Mortgage Servicing

Goodwill and Mortgage Servicing Rights	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Mortgage Servicing Rights	Goodwill and Mortgage servicing rights Refer to Note 15 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the accounting policies related to goodwill and mortgage servicing rights. Goodwill The following table presents goodwill attributed to the reportable business segments and Corporate. (in millions) September 30, December 31, Consumer & Community Banking $ 31,472 $ 31,311 Corporate & Investment Bank 7,906 7,913 Commercial Banking 2,986 2,985 Asset & Wealth Management 7,222 7,039 Corporate 727 — Total goodwill $ 50,313 $ 49,248 The following table presents changes in the carrying amount of goodwill. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Balance at beginning of period $ 49,256 $ 47,811 $ 49,248 $ 47,823 Changes during the period from: Business combinations (a) 1,065 — 1,065 — Other (b) (8) 8 — (4) Balance at September 30, $ 50,313 $ 47,819 $ 50,313 $ 47,819 (a) For the three and nine months ended September 30, 2021, represents estimated goodwill associated with the acquisitions of Nutmeg in Corporate, OpenInvest and Campbell Global in AWM and Frank in CCB. (b) Primarily foreign currency adjustments and adjustments to goodwill related to prior period acquisitions. Goodwill impairment testing Goodwill is tested for impairment during the fourth quarter of each fiscal year, or more often if events or circumstances, such as adverse changes in the business climate, indicate that there may be an impairment. Refer to Note 15 of JPMorgan Chase’s 2020 Form 10-K for a further discussion of the Firm’s goodwill impairment testing. Unanticipated declines in business performance, increases in credit losses, increases in capital requirements, as well as deterioration in economic or market conditions, adverse regulatory or legislative changes or increases in the estimated market cost of equity, could cause the estimated fair values of the Firm’s reporting units to decline in the future, which could result in a material impairment charge to earnings in a future period related to some portion of the associated goodwill. As of September 30, 2021, the Firm reviewed current economic conditions, including the potential impacts of the COVID-19 pandemic on business performance, estimated market cost of equity, as well as actual business results and projections of business performance. The Firm has concluded that goodwill was not impaired as of September 30, 2021, or December 31, 2020, nor was goodwill written off due to impairment during the nine months ended September 30, 2021 or 2020. Mortgage servicing rights MSRs represent the fair value of expected future cash flows for performing servicing activities for others. The fair value considers estimated future servicing fees and ancillary revenue, offset by estimated costs to service the loans, and generally declines over time as net servicing cash flows are received, effectively amortizing the MSR asset against contractual servicing and ancillary fee income. MSRs are either purchased from third parties or recognized upon sale or securitization of mortgage loans if servicing is retained. Refer to Notes 2 and 15 of JPMorgan Chase’s 2020 Form 10-K for a further description of the MSR asset, interest rate risk management, and the valuation of MSRs. The following table summarizes MSR activity for the three and nine months ended September 30, 2021 and 2020. As of or for the three months As of or for the nine months (in millions, except where otherwise noted) 2021 2020 2021 2020 Fair value at beginning of period $ 4,549 $ 3,080 $ 3,276 $ 4,699 MSR activity: Originations of MSRs 429 204 1,252 639 Purchase of MSRs 584 17 1,158 24 Disposition of MSRs (a) 1 (104) (23) (177) Net additions/(dispositions) 1,014 117 2,387 486 Changes due to collection/realization of expected cash flows (201) (215) (570) (710) Changes in valuation due to inputs and assumptions: Changes due to market interest rates and other (b) 133 (59) 469 (1,573) Changes in valuation due to other inputs and assumptions: Projected cash flows (e.g., cost to service) 119 (82) 96 (80) Discount rates — 199 — 199 Prepayment model changes and other (c) (263) (24) (307) (5) Total changes in valuation due to other inputs and assumptions (144) 93 (211) 114 Total changes in valuation due to inputs and assumptions (11) 34 258 (1,459) Fair value at September 30, $ 5,351 $ 3,016 $ 5,351 $ 3,016 Changes in unrealized gains/(losses) included in income related to MSRs held at September 30, $ (11) $ 34 $ 258 $ (1,459) Contractual service fees, late fees and other ancillary fees included in income 334 333 932 1,026 Third-party mortgage loans serviced at September 30, (in billions) 510 456 510 456 Servicer advances, net of an allowance for uncollectible amounts, at September 30, (in billions) (d) 1.7 1.7 1.7 1.7 (a) Includes excess MSRs transferred to agency-sponsored trusts in exchange for stripped mortgage backed securities (“SMBS”). In each transaction, a portion of the SMBS was acquired by third parties at the transaction date; the Firm acquired the remaining balance of those SMBS as trading securities. (b) Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. (c) Represents changes in prepayments other than those attributable to changes in market interest rates. (d) Represents amounts the Firm pays as the servicer (e.g., scheduled principal and interest, taxes and insurance), which will generally be reimbursed within a short period of time after the advance from future cash flows from the trust or the underlying loans. The Firm’s credit risk associated with these servicer advances is minimal because reimbursement of the advances is typically senior to all cash payments to investors. In addition, the Firm maintains the right to stop payment to investors if the collateral is insufficient to cover the advance. However, certain of these servicer advances may not be recoverable if they were not made in accordance with applicable rules and agreements. The following table presents the components of mortgage fees and related income (including the impact of MSR risk management activities) for the three and nine months ended September 30, 2021 and 2020. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 CCB mortgage fees and related income Production revenue $ 614 $ 765 $ 1,888 $ 1,826 Net mortgage servicing revenue: Operating revenue: Loan servicing revenue 328 381 892 1,063 Changes in MSR asset fair value due to collection/realization of expected cash flows (201) (215) (570) (710) Total operating revenue 127 166 322 353 Risk management: Changes in MSR asset fair value due to market interest rates and other (a) 133 (59) 469 (1,573) Other changes in MSR asset fair value due to other inputs and assumptions in model (b) (144) 93 (211) 114 Changes in derivative fair value and other (134) 111 (621) 1,593 Total risk management (145) 145 (363) 134 Total net mortgage servicing revenue (18) 311 (41) 487 Total CCB mortgage fees and related income 596 1,076 1,847 2,313 All other 4 11 8 11 Mortgage fees and related income $ 600 $ 1,087 $ 1,855 $ 2,324 (a) Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. (b) Represents the aggregate impact of changes in model inputs and assumptions such as projected cash flows (e.g., cost to service), discount rates and changes in prepayments other than those attributable to changes in market interest rates (e.g., changes in prepayments due to changes in home prices). The table below outlines the key economic assumptions used to determine the fair value of the Firm’s MSRs at September 30, 2021, and December 31, 2020, and outlines hypothetical sensitivities of those fair values to immediate adverse changes in those assumptions, as defined below. (in millions, except rates) Sep 30, Dec 31, Weighted-average prepayment speed assumption (constant prepayment rate) 10.12 % 14.90 % Impact on fair value of 10% adverse change $ (220) $ (206) Impact on fair value of 20% adverse change (423) (392) Weighted-average option adjusted spread (a) 6.56 % 7.19 % Impact on fair value of a 100 basis point adverse change $ (226) $ (134) Impact on fair value of a 200 basis point adverse change (433) (258) (a) Includes the impact of operational risk and regulatory capital. Changes in fair value based on variations in assumptions generally cannot be easily extrapolated, because the relationship of the change in the assumptions to the change in fair value are often highly interrelated and may not be linear. In this table, the effect that a change in a particular assumption may have on the fair value is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another, which would either magnify or counteract the impact of the initial change.

Deposits

Deposits	9 Months Ended
	Sep. 30, 2021
Deposits [Abstract]
Deposits	Deposits Refer to Note 17 of JPMorgan Chase’s 2020 Form 10-K for further information on deposits. At September 30, 2021 and December 31, 2020, noninterest-bearing and interest-bearing deposits were as follows. (in millions) September 30, December 31, 2020 U.S. offices Noninterest-bearing (included $9,186 and $9,873 at fair value) (a) $ 656,438 $ 572,711 Interest-bearing (included $630 and $2,567 at fair value) (a) 1,344,092 1,197,032 Total deposits in U.S. offices 2,000,530 1,769,743 Non-U.S. offices Noninterest-bearing (included $1,788 and $1,486 at fair value) (a) 28,589 23,435 Interest-bearing (included $204 and $558 at fair value) (a) 373,234 351,079 Total deposits in non-U.S. offices 401,823 374,514 Total deposits $ 2,402,353 $ 2,144,257 (a) Includes structured notes classified as deposits for which the fair value option has been elected. Refer to Note 3 for further information.

Leases

Leases	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Leases	Leases Refer to Note 18 of JPMorgan Chase’s 2020 Form 10-K for a further discussion on leases. Firm as lessee At September 30, 2021, JPMorgan Chase and its subsidiaries were obligated under a number of noncancellable leases, predominantly operating leases for premises and equipment used primarily for business purposes. Operating lease liabilities and right-of-use ("ROU") assets are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. The following table provides information related to the Firm’s operating leases: (in millions) September 30, 2021 December 31, 2020 Right-of-use assets $ 7,837 $ 8,006 Lease liabilities 8,262 8,508 The Firm’s net rental expense was $490 million and $474 million for the three months ended September 30, 2021 and 2020, respectively, and $1.5 billion and $1.4 billion for the nine months ended September 30, 2021 and 2020, respectively. Firm as lessor The Firm’s lease financings are predominantly auto operating leases, and are included in other assets on the Firm’s Consolidated balance sheets. The following table presents the Firm’s operating lease income, included within other income Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Operating lease income $ 1,190 $ 1,425 $ 3,792 $ 4,236 Depreciation expense 785 1,035 2,595 3,261
Leases	Leases Refer to Note 18 of JPMorgan Chase’s 2020 Form 10-K for a further discussion on leases. Firm as lessee At September 30, 2021, JPMorgan Chase and its subsidiaries were obligated under a number of noncancellable leases, predominantly operating leases for premises and equipment used primarily for business purposes. Operating lease liabilities and right-of-use ("ROU") assets are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. The following table provides information related to the Firm’s operating leases: (in millions) September 30, 2021 December 31, 2020 Right-of-use assets $ 7,837 $ 8,006 Lease liabilities 8,262 8,508 The Firm’s net rental expense was $490 million and $474 million for the three months ended September 30, 2021 and 2020, respectively, and $1.5 billion and $1.4 billion for the nine months ended September 30, 2021 and 2020, respectively. Firm as lessor The Firm’s lease financings are predominantly auto operating leases, and are included in other assets on the Firm’s Consolidated balance sheets. The following table presents the Firm’s operating lease income, included within other income Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Operating lease income $ 1,190 $ 1,425 $ 3,792 $ 4,236 Depreciation expense 785 1,035 2,595 3,261

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity Note [Abstract]
Preferred Stock	Preferred stock Refer to Note 21 of JPMorgan Chase’s 2020 Form 10-K for a further discussion on preferred stock. The following is a summary of JPMorgan Chase’s non-cumulative preferred stock outstanding as of September 30, 2021 and December 31, 2020, and the quarterly dividend declarations for the three and nine months ended September 30, 2021 and 2020. Shares Carrying value (in millions) Contractual rate in effect at September 30, 2021 Earliest redemption date Floating annualized rate (a) Dividend declared September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Issue date Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Fixed-rate: Series Y — — $ — $ — 2/12/2015 — % 3/1/2020 NA $— $— $— $153.13 Series AA — 142,500 — 1,425 6/4/2015 — 9/1/2020 NA — 152.50 305.00 457.50 Series BB — 115,000 — 1,150 7/29/2015 — 9/1/2020 NA — 153.75 307.50 461.25 Series DD 169,625 169,625 1,696 1,696 9/21/2018 5.750 12/1/2023 NA 143.75 143.75 431.25 431.25 Series EE 185,000 185,000 1,850 1,850 1/24/2019 6.000 3/1/2024 NA 150.00 150.00 450.00 450.00 Series GG 90,000 90,000 900 900 11/7/2019 4.750 12/1/2024 NA 118.75 118.75 356.25 387.92 (b) Series JJ 150,000 — 1,500 — 3/17/2021 4.550 6/1/2026 NA 113.75 NA 207.28 NA (c) Series LL 185,000 — 1,850 — 5/20/2021 4.625 6/1/2026 NA 129.76 NA 129.76 NA (d) Series MM 200,000 — 2,000 — 7/29/2021 4.200 9/1/2026 NA — NA — NA (e) Fixed-to-floating-rate: Series I 293,375 293,375 $ 2,934 $ 2,934 4/23/2008 LIBOR + 3.47% 4/30/2018 LIBOR + 3.47% $90.96 $95.53 $276.42 $334.90 Series Q 150,000 150,000 1,500 1,500 4/23/2013 5.150 5/1/2023 LIBOR + 3.25 128.75 128.75 386.25 386.25 Series R 150,000 150,000 1,500 1,500 7/29/2013 6.000 8/1/2023 LIBOR + 3.30 150.00 150.00 450.00 450.00 Series S 200,000 200,000 2,000 2,000 1/22/2014 6.750 2/1/2024 LIBOR + 3.78 168.75 168.75 506.25 506.25 Series U 100,000 100,000 1,000 1,000 3/10/2014 6.125 4/30/2024 LIBOR + 3.33 153.13 153.13 459.38 459.38 Series V 250,000 250,000 2,500 2,500 6/9/2014 LIBOR + 3.32% 7/1/2019 LIBOR + 3.32 88.55 92.41 263.54 343.30 Series X 160,000 160,000 1,600 1,600 9/23/2014 6.100 10/1/2024 LIBOR + 3.33 152.50 152.50 457.50 457.50 Series Z 200,000 200,000 2,000 2,000 4/21/2015 LIBOR + 3.80% 5/1/2020 LIBOR + 3.80 99.23 102.40 300.97 352.05 (f) Series CC 125,750 125,750 1,258 1,258 10/20/2017 4.625 11/1/2022 LIBOR + 2.58 115.63 115.63 346.88 346.88 Series FF 225,000 225,000 2,250 2,250 7/31/2019 5.000 8/1/2024 SOFR + 3.38 125.00 125.00 375.00 375.00 Series HH 300,000 300,000 3,000 3,000 1/23/2020 4.600 2/1/2025 SOFR + 3.125 115.00 115.00 345.00 355.22 (g) Series II 150,000 150,000 1,500 1,500 2/24/2020 4.000 4/1/2025 SOFR + 2.745 100.00 100.00 300.00 241.11 (h) Series KK 200,000 — 2,000 — 5/12/2021 3.650 6/1/2026 CMT + 2.85 110.51 NA 110.51 NA (i) Total preferred stock 3,483,750 3,006,250 $ 34,838 $ 30,063 (a) Floating annualized rate includes three-month LIBOR, three-month term SOFR or five-year Constant Maturity Treasury ("CMT") rate, as applicable, plus the spreads noted above. (b) Dividends in the amount of $150.42 per share were declared on January 8, 2020 and include dividends from the original issue date of November 7, 2019 through February 29, 2020. Dividends were declared quarterly thereafter at the contractual rate. (c) Dividends in the amount of $93.53 per share were declared on April 9, 2021 and include dividends from the original issue date of March 17, 2021 though May 31, 2021. Dividends were declared quarterly thereafter at the contractual rate. (d) Dividends in the amount of $129.76 per share were declared on July 8, 2021 from the original issue date of May 20, 2021 though August 31, 2021. (e) No dividends were declared for Series MM from the original issue date of July 29,2021 through September 30, 2021. (f) The dividend rate for Series Z preferred stock became floating and payable quarterly starting on May 1, 2020; prior to which the dividend rate was fixed at 5.3% or $265.00 per share payable semi annually. (g) Dividends in the amount of $125.22 per share were declared on March 13, 2020 and include dividends from the original issue date of January 23, 2020 through April 30, 2020. Dividends were declared quarterly thereafter at the contractual rate. (h) Dividends in the amount of $141.11 per share were declared on May 15, 2020 and include dividends from the original issue date of February 24, 2020 through June 30, 2020. Dividends were declared quarterly thereafter at the contractual rate. (i) Dividends in the amount of $110.51 per share were declared on July 8, 2021 from the original issue date of May 12, 2021 through August 31, 2021. Each series of preferred stock has a liquidation value and redemption price per share of $10,000, plus accrued but unpaid dividends. The aggregate liquidation value was $35.2 billion at September 30, 2021. Redemptions On June 1, 2021, the Firm redeemed all $1.43 billion of its 6.10% non-cumulative preferred stock, Series AA and all $1.15 billion of its 6.15% non-cumulative preferred stock, Series BB. On March 1, 2020, the Firm redeemed all $1.43 billion of its 6.125% non-cumulative preferred stock, Series Y.

Earnings per Share

Earnings per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings per Share	Earnings per share Refer to Note 23 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the computation of basic and diluted earnings per share (“EPS”). The following table presents the calculation of basic and diluted EPS for the three and nine months ended September 30, 2021 and 2020. (in millions, except per share amounts) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Basic earnings per share Net income $ 11,687 $ 9,443 $ 37,935 $ 16,995 Less: Preferred stock dividends 402 381 1,174 1,203 Net income applicable to common equity 11,285 9,062 36,761 15,792 Less: Dividends and undistributed earnings allocated to participating securities 56 47 185 80 Net income applicable to common stockholders $ 11,229 $ 9,015 $ 36,576 $ 15,712 Total weighted-average basic shares outstanding 2,999.9 3,077.8 3,036.4 3,083.3 Net income per share $ 3.74 $ 2.93 $ 12.05 $ 5.10 Diluted earnings per share Net income applicable to common stockholders $ 11,229 $ 9,015 $ 36,576 $ 15,712 Total weighted-average basic shares outstanding 2,999.9 3,077.8 3,036.4 3,083.3 Add: Dilutive impact of SARs and employee stock options, unvested PSUs and nondividend-earning RSUs 5.2 5.0 5.3 4.8 Total weighted-average diluted shares outstanding 3,005.1 3,082.8 3,041.7 3,088.1 Net income per share $ 3.74 $ 2.92 $ 12.02 $ 5.09

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Loss)	9 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income/(Loss)	Accumulated other comprehensive income/(loss) AOCI includes the after-tax change in unrealized gains and losses on investment securities, foreign currency translation adjustments (including the impact of related derivatives), fair value changes of excluded components on fair value hedges, cash flow hedging activities, net loss and prior service costs/(credit) related to the Firm’s defined benefit pension and OPEB plans, and fair value option-elected liabilities arising from changes in the Firm’s own credit risk (DVA). As of or for the three months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at July 1, 2021 $ 4,515 $ (659) $ (163) $ 725 $ (1,055) $ (793) $ 2,570 Net change (434) (187) 9 (450) 6 (551) (1,607) Balance at September 30, 2021 $ 4,081 (a) $ (846) $ (154) $ 275 $ (1,049) $ (1,344) $ 963 As of or for the three months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit pension and DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at July 1, 2020 $ 7,920 $ (895) $ (27) $ 2,762 $ (1,318) $ 347 $ 8,789 Net change 514 127 (69) (70) (12) (339) 151 Balance at September 30, 2020 $ 8,434 (a) $ (768) $ (96) $ 2,692 $ (1,330) $ 8 $ 8,940 As of or for the nine months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at January 1, 2021 $ 8,180 $ (473) $ (112) $ 2,383 $ (1,132) $ (860) $ 7,986 Net change (4,099) (373) (42) (2,108) 83 (484) (7,023) Balance at September 30, 2021 $ 4,081 (a) $ (846) $ (154) $ 275 $ (1,049) $ (1,344) $ 963 As of or for the nine months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit pension and DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at January 1, 2020 $ 4,057 $ (707) $ (131) $ 63 $ (1,344) $ (369) $ 1,569 Net change 4,377 (61) 35 2,629 14 377 7,371 Balance at September 30, 2020 $ 8,434 (a) $ (768) $ (96) $ 2,692 $ (1,330) $ 8 $ 8,940 (a) Includes after-tax net unamortized unrealized gains of $2.7 billion related to AFS securities that have been transferred to HTM at both September 30, 2021 and 2020. Refer to Note 10 of JPMorgan Chase's 2020 Form 10-K for further information. The following table presents the pre-tax and after-tax changes in the components of OCI. 2021 2020 Three months ended September 30, Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Unrealized gains/(losses) on investment securities: Net unrealized gains/(losses) arising during the period $ (826) $ 197 $ (629) $ 1,143 $ (270) $ 873 Reclassification adjustment for realized (gains)/losses included in net income (a) 256 (61) 195 (473) 114 (359) Net change (570) 136 (434) 670 (156) 514 Translation adjustments (b) : Translation (1,030) 63 (967) 871 (86) 785 Hedges 1,028 (248) 780 (868) 210 (658) Net change (2) (185) (187) 3 124 127 Fair value hedges, net change (c) : 12 (3) 9 (91) 22 (69) Cash flow hedges: Net unrealized gains/(losses) arising during the period (267) 65 (202) 134 (32) 102 Reclassification adjustment for realized (gains)/losses included in net income (d) (326) 78 (248) (227) 55 (172) Net change (593) 143 (450) (93) 23 (70) Defined benefit pension and OPEB plans, net change: 8 (2) 6 (18) 6 (12) DVA on fair value option elected liabilities, net change: (729) 178 (551) (445) 106 (339) Total other comprehensive income/(loss) $ (1,874) $ 267 $ (1,607) $ 26 $ 125 $ 151 2021 2020 Nine months ended September 30, Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Unrealized gains/(losses) on investment securities: Net unrealized gains/(losses) arising during the period $ (5,792) $ 1,391 $ (4,401) $ 6,494 $ (1,561) $ 4,933 Reclassification adjustment for realized (gains)/losses included in net income (a) 397 (95) 302 (732) 176 (556) Net change (5,395) 1,296 (4,099) 5,762 (1,385) 4,377 Translation adjustments (b) : Translation (1,950) 92 (1,858) (316) 15 (301) Hedges 1,958 (473) 1,485 316 (76) 240 Net change 8 (381) (373) — (61) (61) Fair value hedges, net change (c) : (56) 14 (42) 45 (10) 35 Cash flow hedges: Net unrealized gains/(losses) arising during the period (1,844) 443 (1,401) 3,787 (909) 2,878 Reclassification adjustment for realized (gains)/losses included in net income (d) (930) 223 (707) (328) 79 (249) Net change (2,774) 666 (2,108) 3,459 (830) 2,629 Defined benefit pension and OPEB plans, net change: 101 (18) 83 23 (9) 14 DVA on fair value option elected liabilities, net change: (642) 158 (484) 496 (119) 377 Total other comprehensive income/(loss) $ (8,758) $ 1,735 $ (7,023) $ 9,785 $ (2,414) $ 7,371 (a) The pre-tax amount is reported in Investment securities gains/(losses) in the Consolidated statements of income. (b) Reclassifications of pre-tax realized gains/(losses) on translation adjustments and related hedges are reported in other income/expense in the Consolidated statements of income. The amounts were not material for the three and nine months ended September 30, 2021 and 2020. (c) Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. The initial cost of cross-currency basis spreads is recognized in earnings as part of the accrual of interest on the cross currency swaps. (d) The pre-tax amounts are primarily recorded in noninterest revenue, net interest income and compensation expense in the Consolidated statements of income.

Restricted Cash and Other Restr

Restricted Cash and Other Restricted Assets	9 Months Ended
	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Restricted Cash and Other Restricted Assets	Restricted cash and other restricted assets Refer to Note 26 of JPMorgan Chase’s 2020 Form 10-K for a detailed discussion of the Firm’s restricted cash and other restricted assets. Certain of the Firm’s cash and other assets are restricted as to withdrawal or usage. These restrictions are imposed by various regulatory authorities based on the particular activities of the Firm’s subsidiaries. The Firm is also subject to rules and regulations established by other U.S. and non U.S. regulators. As part of its compliance with the respective regulatory requirements, the Firm’s broker-dealer activities are subject to certain restrictions on cash and other assets. The following table presents the components of the Firm’s restricted cash: (in billions) September 30, December 31, 2020 Segregated for the benefit of securities and cleared derivative customers 16.2 19.3 Cash reserves at non-U.S. central banks and held for other general purposes 5.1 5.1 Total restricted cash (a) $ 21.3 $ 24.4 (a) Comprises $20.0 billion and $22.7 billion in deposits with banks, and $1.3 billion and $1.7 billion in cash and due from banks on the Consolidated balance sheet as of September 30, 2021 and December 31, 2020, respectively. Also, as of September 30, 2021 and December 31, 2020, the Firm had the following other restricted assets: • Cash and securities pledged with clearing organizations for the benefit of customers of $45.7 billion and $37.2 billion, respectively. • Securities with a fair value of $24.2 billion and $1.3 billion, respectively, were also restricted in relation to customer activity.

Regulatory Capital

Regulatory Capital	9 Months Ended
	Sep. 30, 2021
Banking Regulation [Abstract]
Regulatory Capital	Regulatory capital Refer to Note 27 of JPMorgan Chase’s 2020 Form 10-K for a detailed discussion on regulatory capital. The Federal Reserve establishes capital requirements, including well-capitalized requirements, for the consolidated financial holding company. The OCC establishes similar minimum capital requirements and standards for the Firm’s principal IDI subsidiary, JPMorgan Chase Bank, N.A. Under the risk-based capital and leverage-based guidelines of the Federal Reserve, JPMorgan Chase is required to maintain minimum ratios for CET1 capital, Tier 1 capital, Total capital, Tier 1 leverage and the SLR. Failure to meet these minimum requirements could cause the Federal Reserve to take action. IDI subsidiaries are also subject to these capital requirements established by their respective primary regulators. The following table presents the minimum and well-capitalized risk-based ratios to which the Firm and its IDI subsidiaries were subject as of September 30, 2021 and December 31, 2020. Standardized Minimum capital ratios Advanced Minimum capital ratios Well-capitalized ratios BHC (a) IDI (b) BHC (a) IDI (b) BHC (c) IDI (d) Risk-based capital ratios CET1 capital 11.3 % 7.0 % 10.5 % 7.0 % NA 6.5 % Tier 1 capital 12.8 8.5 12.0 8.5 6.0 % 8.0 Total capital 14.8 10.5 14.0 10.5 10.0 10.0 Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its IDI subsidiaries are subject. (a) Represents the minimum capital ratios applicable to the Firm. The CET1, Tier 1 and Total capital minimum capital ratios each include a respective minimum requirement plus a GSIB surcharge of 3.5% as calculated under Method 2; plus a 3.3% SCB for Basel III Standardized ratios and a fixed 2.5% capital conservation buffer for Basel III Advanced ratios. The countercyclical buffer is currently set to 0% by the federal banking agencies. (b) Represents requirements for JPMorgan Chase’s IDI subsidiaries. The CET1, Tier 1 and Total capital minimum capital ratios include a fixed capital conservation buffer requirement of 2.5% that is applicable to the IDI subsidiaries. The IDI subsidiaries are not subject to the GSIB surcharge. (c) Represents requirements for bank holding companies pursuant to regulations issued by the Federal Reserve. (d) Represents requirements for IDI subsidiaries pursuant to regulations issued under the FDIC Improvement Act. The following table presents the minimum and well-capitalized leverage-based ratios to which the Firm and its IDI subsidiaries were subject as of September 30, 2021 and December 31, 2020. Minimum capital ratios (a) Well-capitalized ratios BHC IDI BHC (b) IDI Leverage-based capital ratios Tier 1 leverage 4.0 % 4.0 % NA 5.0 % SLR 5.0 6.0 NA 6.0 Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its IDI subsidiaries are subject. (a) Represents minimum SLR requirement of 3.0%, as well as supplementary leverage buffer requirements of 2.0% and 3.0% for BHC and IDI subsidiaries, respectively. (b) The Federal Reserve's regulations do not establish well-capitalized thresholds for these measures for BHCs. CECL regulatory capital transition delay As part of their response to the impact of the COVID-19 pandemic, the federal banking agencies issued a final rule that provided the option beginning January 1, 2020 to delay the effects of CECL on regulatory capital for two years, followed by a three-year transition period beginning January 1, 2022. The Firm has elected to apply the CECL capital transition provisions, and accordingly, for the period ended September 30, 2021, the capital metrics of the Firm exclude $3.3 billion, which is the $2.7 billion day 1 impact to retained earnings and 25% of the $1.9 billion increase in the allowance for credit losses from January 1, 2020 (excluding allowances on PCD loans). The impacts of the CECL capital transition provisions have also been incorporated into Tier 2 capital, adjusted average assets, and total leverage exposure. Refer to Note 27 of JPMorgan Chase’s 2020 Form 10-K for further information on CECL capital transition provisions. The following tables present risk-based capital metrics under both the Basel III Standardized and Basel III Advanced Approaches and leverage-based capital metrics for JPMorgan Chase and JPMorgan Chase Bank, N.A. As of September 30, 2021 and December 31, 2020, JPMorgan Chase and JPMorgan Chase Bank, N.A. were well-capitalized and met all capital requirements to which each was subject. September 30, 2021 Basel III Standardized Basel III Advanced JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) JPMorgan (a) JPMorgan (a) Risk-based capital metrics: CET1 capital $ 209,917 $ 259,990 $ 209,917 $ 259,990 Tier 1 capital 244,207 259,994 244,207 259,994 Total capital 274,994 276,303 264,469 265,403 Risk-weighted assets 1,628,406 1,562,370 1,544,512 1,396,725 CET1 capital ratio 12.9 % 16.6 % 13.6 % 18.6 % Tier 1 capital ratio 15.0 16.6 15.8 18.6 Total capital ratio 16.9 17.7 17.1 19.0 December 31, 2020 Basel III Standardized Basel III Advanced JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) Risk-based capital metrics: CET1 capital $ 205,078 $ 234,235 $ 205,078 $ 234,235 Tier 1 capital 234,844 234,237 234,844 234,237 Total capital 269,923 252,045 257,228 239,673 Risk-weighted assets 1,560,609 1,492,138 1,484,431 1,343,185 CET1 capital ratio 13.1 % 15.7 % 13.8 % 17.4 % Tier 1 capital ratio 15.0 15.7 15.8 17.4 Total capital ratio 17.3 16.9 17.3 17.8 (a) The capital metrics reflect the CECL capital transition provisions. Additionally, loans originated under the PPP receive a zero percent risk weight. (in millions, except ratios) September 30, 2021 December 31, 2020 JPMorgan Chase & Co. (b) JPMorgan Chase Bank, N.A. (b) JPMorgan (b)(c) JPMorgan (b)(c) Leverage-based capital metrics: Adjusted average assets (a) $ 3,675,803 $ 3,223,098 $ 3,353,319 $ 2,970,285 Tier 1 leverage ratio 6.6 % 8.1 % 7.0 % 7.9 % Total leverage exposure $ 4,463,904 $ 4,003,800 $ 3,401,542 $ 3,688,797 SLR 5.5 % 6.5 % 6.9 % 6.3 % (a) Adjusted average assets, for purposes of calculating the leverage ratio, includes total quarterly average assets adjusted for on-balance sheet assets that are subject to deduction from Tier 1 capital, predominantly goodwill and other intangible assets. (b) The capital metrics reflect the CECL capital transition provisions.

Off-balance Sheet Lending-relat

Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments	9 Months Ended
	Sep. 30, 2021
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract]
Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments	Off–balance sheet lending-related financial instruments, guarantees, and other commitments JPMorgan Chase provides lending-related financial instruments (e.g., commitments and guarantees) to address the financing needs of its customers and clients. The contractual amount of these financial instruments represents the maximum possible credit risk to the Firm should the customer or client draw upon the commitment or the Firm be required to fulfill its obligation under the guarantee, and should the customer or client subsequently fail to perform according to the terms of the contract. Most of these commitments and guarantees have historically been refinanced, extended, cancelled, or expired without being drawn or a default occurring. As a result, the total contractual amount of these instruments is not, in the Firm’s view, representative of its expected future credit exposure or funding requirements. Refer to Note 28 of JPMorgan Chase’s 2020 Form 10-K for a further discussion of lending-related commitments and guarantees, and the Firm’s related accounting policies. To provide for expected credit losses in wholesale and certain consumer lending-related commitments, an allowance for credit losses on lending-related commitments is maintained. Refer to Note 12 for further information regarding the allowance for credit losses on lending-related commitments. The following table summarizes the contractual amounts and carrying values of off-balance sheet lending-related financial instruments, guarantees and other commitments at September 30, 2021, and December 31, 2020. The amounts in the table below for credit card, home equity and certain scored business banking lending-related commitments represent the total available credit for these products. The Firm has not experienced, and does not anticipate, that all available lines of credit for these products will be utilized at the same time. The Firm can reduce or cancel credit card and certain scored business banking lines of credit by providing the borrower notice or, in some cases as permitted by law, without notice. In addition, the Firm typically closes credit card lines when the borrower is 60 days or more past due. The Firm may reduce or close HELOCs when there are significant decreases in the value of the underlying property, or when there has been a demonstrable decline in the creditworthiness of the borrower. Off–balance sheet lending-related financial instruments, guarantees and other commitments Contractual amount Carrying value (i) September 30, 2021 Dec 31, Sep 30, Dec 31, By remaining maturity Expires in 1 year or less Expires after Expires after Expires after 5 years Total Total Lending-related Consumer, excluding credit card: Residential real estate (a) $ 26,748 $ 2,030 $ 5,313 $ 10,451 $ 44,542 $ 46,047 $ 130 $ 148 Auto and other 11,255 — — 887 12,142 11,272 — — Total consumer, excluding credit card 38,003 2,030 5,313 11,338 56,684 57,319 130 148 Credit card (b) 710,610 — — — 710,610 658,506 — — Total consumer (b)(c) 748,613 2,030 5,313 11,338 767,294 715,825 130 148 Wholesale: Other unfunded commitments to extend credit (d) 114,200 184,046 143,335 25,311 466,892 415,828 2,087 2,148 Standby letters of credit and other financial guarantees (d) 13,549 8,709 4,114 1,571 27,943 30,982 614 443 Other letters of credit (d) 3,936 372 93 — 4,401 3,053 10 14 Total wholesale (c) 131,685 193,127 147,542 26,882 499,236 449,863 2,711 2,605 Total lending-related $ 880,298 $ 195,157 $ 152,855 $ 38,220 $ 1,266,530 $ 1,165,688 $ 2,841 $ 2,753 Other guarantees and commitments Securities lending indemnification agreements and guarantees (e) $ 306,562 $ — $ — $ — $ 306,562 $ 250,418 $ — $ — Derivatives qualifying as guarantees 2,828 420 11,693 39,870 54,811 54,415 390 322 Unsettled resale and securities borrowed agreements 150,495 6,839 — — 157,334 102,355 (h) 1 2 Unsettled repurchase and securities loaned agreements 136,019 583 — — 136,602 104,901 — (1) Loan sale and securitization-related indemnifications: Mortgage repurchase liability NA NA NA NA NA NA 61 84 Loans sold with recourse NA NA NA NA 807 889 20 23 Exchange & clearing house guarantees and commitments (f) 119,331 — — — 119,331 142,003 — — Other guarantees and commitments (g) 6,787 2,886 323 1,747 11,743 9,639 (h) 51 52 (a) Includes certain commitments to purchase loans from correspondents. (b) Also includes commercial card lending-related commitments primarily in CB and CIB. (c) Predominantly all consumer and wholesale lending-related commitments are in the U.S. (d) At September 30, 2021, and December 31, 2020, reflected the contractual amount net of risk participations totaling $48 million and $72 million, respectively, for other unfunded commitments to extend credit; $7.9 billion and $8.5 billion, respectively, for standby letters of credit and other financial guarantees; and $609 million and $357 million, respectively, for other letters of credit. In regulatory filings with the Federal Reserve these commitments are shown gross of risk participations. (e) At September 30, 2021, and December 31, 2020, collateral held by the Firm in support of securities lending indemnification agreements was $324.0 billion and $264.3 billion, respectively. Securities lending collateral primarily consists of cash, G7 government securities, and securities issued by U.S. GSEs and government agencies. (f) At September 30, 2021, and December 31, 2020, includes guarantees to the Fixed Income Clearing Corporation under the sponsored member repo program and commitments and guarantees associated with the Firm’s membership in certain clearing houses. (g) At September 30, 2021, and December 31, 2020, primarily includes unfunded commitments to purchase secondary market loans, unfunded commitments related to certain tax-oriented equity investments, and other equity investment commitments, (h) Prior-period amounts have been revised to conform with the current presentation. (i) For lending-related products, the carrying value represents the allowance for lending-related commitments and the guarantee liability; for derivative-related products, and lending-related commitments for which the fair value option was elected, the carrying value represents the fair value. Other unfunded commitments to extend credit Other unfunded commitments to extend credit generally consist of commitments for working capital and general corporate purposes, extensions of credit to support commercial paper facilities and bond financings in the event that those obligations cannot be remarketed to new investors, as well as committed liquidity facilities to clearing organizations. The Firm also issues commitments under multipurpose facilities which could be drawn upon in several forms, including the issuance of a standby letter of credit. Standby letters of credit and other financial guarantees Standby letters of credit and other financial guarantees are conditional lending commitments issued by the Firm to guarantee the performance of a client or customer to a third party under certain arrangements, such as commercial paper facilities, bond financings, acquisition financings, trade financings and similar transactions. The following table summarizes the contractual amount and carrying value of standby letters of credit and other financial guarantees and other letters of credit arrangements as of September 30, 2021, and December 31, 2020. Standby letters of credit, other financial guarantees and other letters of credit September 30, 2021 December 31, 2020 (in millions) Standby letters of Other letters Standby letters of Other letters Investment-grade (a) $ 19,823 $ 3,502 $ 22,850 $ 2,263 Noninvestment-grade (a) 8,120 899 8,132 790 Total contractual amount $ 27,943 $ 4,401 $ 30,982 $ 3,053 Allowance for lending-related commitments $ 78 $ 10 $ 80 $ 14 Guarantee liability 536 — 363 — Total carrying value $ 614 $ 10 $ 443 $ 14 Commitments with collateral $ 15,071 $ 929 $ 17,238 $ 498 (a) The ratings scale is based on the Firm’s internal risk ratings. Refer to Note 11 for further information on internal risk ratings. Derivatives qualifying as guarantees The Firm transacts in certain derivative contracts that have the characteristics of a guarantee under U.S. GAAP. Refer to Note 28 of JPMorgan Chase’s 2020 Form 10-K for further information on these derivatives. The following table summarizes the derivatives qualifying as guarantees as of September 30, 2021, and December 31, 2020. (in millions) September 30, 2021 December 31, 2020 Notional amounts Derivative guarantees $ 54,811 $ 54,415 Stable value contracts with contractually limited exposure 29,741 27,752 Maximum exposure of stable value contracts with contractually limited exposure 2,878 2,803 Fair value Derivative payables 390 322 In addition to derivative contracts that meet the characteristics of a guarantee, the Firm is both a purchaser and seller of credit protection in the credit derivatives market. Refer to Note 4 for a further discussion of credit derivatives. Merchant charge-backs Under the rules of payment networks, the Firm, in its role as a merchant acquirer, retains a contingent liability for disputed processed credit and debit card transactions that result in a charge-back to the merchant. If a dispute is resolved in the cardholder’s favor, Merchant Services will (through the cardholder’s issuing bank) credit or refund the amount to the cardholder and will charge back the transaction to the merchant. If Merchant Services is unable to collect the amount from the merchant, Merchant Services will bear the loss for the amount credited or refunded to the cardholder. Merchant Services mitigates this risk by withholding future settlements, retaining cash reserve accounts or obtaining other collateral. In addition, Merchant Services recognizes a valuation allowance that covers the payment or performance risk to the Firm related to charge-backs. Loan sales- and securitization-related indemnifications In connection with the Firm’s mortgage loan sale and securitization activities with GSEs the Firm has made representations and warranties that the loans sold meet certain requirements, and that may require the Firm to repurchase mortgage loans and/or indemnify the loan purchaser if such representations and warranties are breached by the Firm. The liability related to repurchase demands associated with private label securitizations is separately evaluated by the Firm in establishing its litigation reserves. Refer to Note 24 of this Form 10-Q and Note 30 of JPMorgan Chase’s 2020 Form 10-K for additional information regarding litigation. Sponsored member repo program The Firm acts as a sponsoring member to clear eligible overnight resale and repurchase agreements through the Government Securities Division of the Fixed Income Clearing Corporation (“FICC”) on behalf of clients that become sponsored members under the FICC’s rules. The Firm also guarantees to the FICC the prompt and full payment and performance of its sponsored member clients’ respective obligations under the FICC’s rules. The Firm minimizes its liability under these overnight guarantees by obtaining a security interest in the cash or high-quality securities collateral that the clients place with the clearing house therefore the Firm expects the risk of loss to be remote. The Firm’s maximum possible exposure, without taking into consideration the associated collateral, is included in the Exchange & clearing house guarantees and commitments line on page 173. Refer to Note 11 of JPMorgan Chase’s 2020 Form 10-K for additional information on credit risk mitigation practices on resale agreements and the types of collateral pledged under repurchase agreements. Guarantees of subsidiaries The Parent Company has guaranteed certain long-term debt and structured notes of its subsidiaries, including JPMorgan Chase Financial Company LLC (“JPMFC”), a 100%-owned finance subsidiary. All securities issued by JPMFC are fully and unconditionally guaranteed by the Parent Company and no other subsidiary of the Parent Company guarantees these securities. These guarantees, which rank on a parity with the Firm’s unsecured and unsubordinated indebtedness, are not included in the table on page 173 of this Note. Refer to Note 20 of JPMorgan Chase’s 2020 Form 10-K for additional information.

Pledged Assets and Collateral

Pledged Assets and Collateral	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Pledged Assets and Collateral	Pledged assets and collateral Refer to Note 29 of JPMorgan Chase’s 2020 Form 10-K for a discussion of the Firm’s pledged assets and collateral. Pledged assets The Firm pledges financial assets that it owns to maintain potential borrowing capacity at discount windows with Federal Reserve banks, various other central banks and FHLBs. Additionally, the Firm pledges assets for other purposes, including to collateralize repurchase and other securities financing agreements, to cover short sales and to collateralize derivative contracts and deposits. Certain of these pledged assets may be sold or repledged or otherwise used by the secured parties and are parenthetically identified on the Consolidated balance sheets as assets pledged. The following table presents the Firm’s pledged assets. (in billions) September 30, 2021 December 31, 2020 Assets that may be sold or repledged or otherwise used by secured parties $ 122.4 $ 166.6 Assets that may not be sold or repledged or otherwise used by secured parties 115.3 113.9 Assets pledged at Federal Reserve banks and FHLBs 462.9 455.3 Total pledged assets $ 700.6 $ 735.8 Total pledged assets do not include assets of consolidated VIEs; these assets are used to settle the liabilities of those entities. Refer to Note 13 for additional information on assets and liabilities of consolidated VIEs. Refer to Note 10 for additional information on the Firm’s securities financing activities. Refer to Note 20 of JPMorgan Chase’s 2020 Form 10-K for additional information on the Firm’s long-term debt. Collateral The Firm accepts financial assets as collateral that it is permitted to sell or repledge, deliver or otherwise use. This collateral is generally obtained under resale and other securities financing agreements, prime brokerage-related held-for-investment customer receivables and derivative contracts. Collateral is generally used under repurchase and other securities financing agreements, to cover short sales and to collateralize derivative contracts and deposits. The following table presents the fair value of collateral accepted. (in billions) September 30, 2021 December 31, 2020 Collateral permitted to be sold or repledged, delivered, or otherwise used $ 1,417.7 $ 1,451.7 Collateral sold, repledged, delivered or otherwise used 1,085.7 1,038.9

Litigation

Litigation	9 Months Ended
	Sep. 30, 2021
Litigation [Abstract]
Litigation	Litigation Contingencies As of September 30, 2021, the Firm and its subsidiaries and affiliates are defendants or respondents in numerous legal proceedings, including private, civil litigations, government investigations or regulatory enforcement matters. The litigations range from individual actions involving a single plaintiff to class action lawsuits with potentially millions of class members. Investigations and regulatory enforcement matters involve both formal and informal proceedings, by both governmental agencies and self-regulatory organizations. These legal proceedings are at varying stages of adjudication, arbitration or investigation, and involve each of the Firm’s lines of business and several geographies and a wide variety of claims (including common law tort and contract claims and statutory antitrust, securities and consumer protection claims), some of which present novel legal theories. The Firm believes the estimate of the aggregate range of reasonably possible losses, in excess of reserves established, for its legal proceedings is from $0 to approximately $1.5 billion at September 30, 2021. This estimated aggregate range of reasonably possible losses was based upon information available as of that date for those proceedings in which the Firm believes that an estimate of reasonably possible loss can be made. For certain matters, the Firm does not believe that such an estimate can be made, as of that date. The Firm’s estimate of the aggregate range of reasonably possible losses involves significant judgment, given: • the number, variety and varying stages of the proceedings, including the fact that many are in preliminary stages, • the existence in many such proceedings of multiple defendants, including the Firm, whose share of liability (if any) has yet to be determined, • the numerous yet-unresolved issues in many of the proceedings, including issues regarding class certification and the scope of many of the claims, and • the attendant uncertainty of the various potential outcomes of such proceedings, including where the Firm has made assumptions concerning future rulings by the court or other adjudicator, or about the behavior or incentives of adverse parties or regulatory authorities, and those assumptions prove to be incorrect. In addition, the outcome of a particular proceeding may be a result which the Firm did not take into account in its estimate because the Firm had deemed the likelihood of that outcome to be remote. Accordingly, the Firm’s estimate of the aggregate range of reasonably possible losses will change from time to time, and actual losses may vary significantly. Set forth below are descriptions of the Firm’s material legal proceedings. Amrapali . India’s Enforcement Directorate (“ED”) is investigating J.P. Morgan India Private Limited in connection with investments made in 2010 and 2012 by two offshore funds formerly managed by JPMorgan Chase entities into residential housing projects developed by the Amrapali Group (“Amrapali”). In 2017, numerous creditors filed civil claims against Amrapali including petitions brought by home buyers relating to delays in delivering or failure to deliver residential units. The home buyers’ petitions have been overseen by the Supreme Court of India and is ongoing. In August 2021, the ED issued an order fining J.P. Morgan India Private Limited approximately $31.5 million. The Firm is appealing the order and the fine. Relatedly, in July 2019, the Supreme Court of India issued an order making preliminary findings that Amrapali and other parties, including unspecified JPMorgan Chase entities and the offshore funds that had invested in the projects, violated certain currency control and money laundering provisions, and ordering the ED to conduct a further inquiry under India’s Prevention of Money Laundering Act (“PMLA”) and Foreign Exchange Management Act (“FEMA”). In May 2020, the ED attached approximately $25 million from J.P. Morgan India Private Limited in connection with the criminal PMLA investigation. The Firm is responding to and cooperating with the PMLA investigation. Federal Republic of Nigeria Litigation. JPMorgan Chase Bank, N.A. operated an escrow and depository account for the Federal Government of Nigeria (“FGN”) and two major international oil companies. The account held approximately $1.1 billion in connection with a dispute among the clients over rights to an oil field. Following the settlement of the dispute, JPMorgan Chase Bank, N.A. paid out the monies in the account in 2011 and 2013 in accordance with directions received from its clients. In November 2017, the Federal Republic of Nigeria (“FRN”) commenced a claim in the English High Court for approximately $875 million in payments made out of the accounts. The FRN, claiming to be the same entity as the FGN, alleges that the payments were instructed as part of a complex fraud not involving JPMorgan Chase Bank, N.A., but that JPMorgan Chase Bank, N.A. was or should have been on notice that the payments may be fraudulent. JPMorgan Chase Bank, N.A. applied for summary judgment and was unsuccessful. The claim is ongoing and a trial has been scheduled to commence in February 2022. Foreign Exchange Investigations and Litigation. The Firm previously reported settlements with certain government authorities relating to its foreign exchange (“FX”) sales and trading activities and controls related to those activities. Among those resolutions, in May 2015, the Firm pleaded guilty to a single violation of federal antitrust law. In January 2017, the Firm was sentenced, with judgment entered thereafter and a term of probation which ended in January 2020, with the Firm remaining in good standing throughout the probation period. The Department of Labor granted the Firm a five-year exemption of disqualification that allows the Firm and its affiliates to continue to rely on the Qualified Professional Asset Manager exemption under the Employee Retirement Income Security Act (“ERISA”) until January 2023. The Firm will need the Department of Labor to approve a further exemption to cover the remainder of the ten-year disqualification period. A South Africa Competition Commission matter is the remaining FX-related governmental inquiry, and is currently pending before the South Africa Competition Tribunal. In August 2018, the United States District Court for the Southern District of New York granted final approval to the Firm’s settlement of a consolidated class action brought by U.S.-based plaintiffs, which principally alleged violations of federal antitrust laws based on an alleged conspiracy to manipulate foreign exchange rates and also sought damages on behalf of persons who transacted in FX futures and options on futures. Certain members of the settlement class filed requests to the Court to be excluded from the class, and certain of them filed a complaint against the Firm and other foreign exchange dealers in November 2018. A number of these actions remain pending. Further, a putative class action has been filed against the Firm and other foreign exchange dealers on behalf of certain consumers who purchased foreign currencies at allegedly inflated rates. Another putative class action was brought against the Firm and other foreign exchange dealers on behalf of purported indirect purchasers of FX instruments. In 2020, the Court approved a settlement by the Firm and 11 other defendants of that class action for a total of $10 million. In addition, some FX-related individual and putative class actions based on similar alleged underlying conduct have been filed outside the U.S., including in the U.K., Israel, Brazil and Australia. Inquiries Concerning Preservation Requirements . The Firm has been responding to requests for information and other material from certain of its regulators concerning its compliance with records preservation requirements in connection with business communications sent over electronic messaging channels that have not been approved by the Firm. The Firm is cooperating with these inquiries and is currently engaged in certain advanced resolution discussions. There is no assurance that the discussions will result in a resolution. Interchange Litigation. Groups of merchants and retail associations filed a series of class action complaints alleging that Visa and Mastercard, as well as certain banks, conspired to set the price of credit and debit card interchange fees and enacted related rules in violation of antitrust laws. In 2012, the parties initially settled the cases for a cash payment, a temporary reduction of credit card interchange, and modifications to certain credit card network rules. In 2017, after the approval of that settlement was reversed on appeal, the case was remanded to the United States District Court for the Eastern District of New York for further proceedings consistent with the appellate decision. The original class action was divided into two separate actions, one seeking primarily monetary relief and the other seeking primarily injunctive relief. In September 2018, the parties to the class action seeking monetary relief finalized an agreement which amends and supersedes the prior settlement agreement. Pursuant to this settlement, the defendants collectively contributed an additional $900 million to the approximately $5.3 billion previously held in escrow from the original settlement. In December 2019, the amended agreement was approved by the District Court. Certain merchants appealed the District Court’s approval order, and those appeals are pending. Based on the percentage of merchants that opted out of the amended class settlement, $700 million has been returned to the defendants from the settlement escrow in accordance with the settlement agreement. The class action seeking primarily injunctive relief continues separately, and in September 2021, the District Court granted plaintiffs’ motion for class certification in part, and denied the motion in part. In addition, certain merchants have filed individual actions raising similar allegations against Visa and Mastercard, as well as against the Firm and other banks, and some of those actions remain pending. LIBOR and Other Benchmark Rate Investigations and Litigation. JPMorgan Chase has responded to inquiries from various governmental agencies and entities around the world relating primarily to the British Bankers Association’s ("BBA") London Interbank Offered Rate (“LIBOR”) for various currencies and the European Banking Federation’s Euro Interbank Offered Rate (“EURIBOR”). The Swiss Competition Commission’s investigation relating to EURIBOR, to which the Firm and other banks are subject, continues. In December 2016, the European Commission issued a decision against the Firm and other banks finding an infringement of European antitrust rules relating to EURIBOR. The Firm has filed an appeal of that decision with the European General Court, and that appeal is pending. In addition, the Firm has been named as a defendant along with other banks in various individual and putative class actions related to benchmark rates, including U.S. dollar LIBOR. In actions related to U.S. dollar LIBOR during the period that it was administered by the BBA, the Firm has obtained dismissal of certain actions and resolved certain other actions, and others are in various stages of litigation. The United States District Court for the Southern District of New York has granted class certification of antitrust claims related to bonds and interest rate swaps sold directly by the defendants, including the Firm. In a consolidated putative class action related to the period that U.S. dollar LIBOR was administered by ICE Benchmark Administration, the District Court granted the motion by defendants, including the Firm, to dismiss plaintiffs’ complaint, and the plaintiffs have appealed. In addition, in August 2020, a group of individual plaintiffs filed a lawsuit asserting antitrust claims, alleging that the Firm and other defendants were engaged in an unlawful agreement to set U.S. dollar LIBOR and conspired to monopolize the market for LIBOR-based consumer loans and credit cards. In November 2020 and May 2021, plaintiffs filed motions for a preliminary injunction each seeking to enjoin defendants from setting U.S. dollar LIBOR and to prohibit defendants from enforcing any financial instruments that rely on U.S. dollar LIBOR. The court held a hearing to address these motions in September 2021. The Firm’s settlements of putative class actions related to Swiss franc LIBOR, the Singapore Interbank Offered Rate and the Singapore Swap Offer Rate, and the Australian Bank Bill Swap Reference Rate remain subject to court approval. Metals and U.S. Treasuries Investigations and Litigation and Related Inquiries. The Firm previously reported that it and/or certain of its subsidiaries had entered into resolutions with the U.S. Department of Justice (“DOJ”), the U.S. Commodity Futures Trading Commission (“CFTC”) and the U.S. Securities and Exchange Commission (“SEC”), which, collectively, resolved those agencies’ respective investigations relating to historical trading practices by former employees in the precious metals and U.S. treasuries markets and related conduct from 2008 to 2016. The Firm entered into a Deferred Prosecution Agreement (“DPA”) with the DOJ in which it agreed to the filing of a criminal information charging JPMorgan Chase & Co. with two counts of wire fraud and agreed, along with JPMorgan Chase Bank, N.A. and J.P. Morgan Securities LLC, to certain terms and obligations as set forth therein. Under the terms of the DPA, the criminal information will be dismissed after three years, provided that JPMorgan Chase & Co., JPMorgan Chase Bank, N.A. and J.P. Morgan Securities LLC fully comply with all of their obligations. Across the three resolutions with the DOJ, CFTC and SEC, JPMorgan Chase & Co., JPMorgan Chase Bank, N.A. and J.P. Morgan Securities LLC agreed to pay a total monetary amount of approximately $920 million. A portion of the total monetary amount includes victim compensation payments. Several putative class action complaints have been filed in the United States District Court for the Southern District of New York against the Firm and certain former employees, alleging a precious metals futures and options price manipulation scheme in violation of the Commodity Exchange Act. Some of the complaints also allege unjust enrichment and deceptive acts or practices under the General Business Law of the State of New York. The Court consolidated these putative class actions in February 2019, and the consolidated action is stayed through December 2021. In July 2021, the parties informed the Court that they have entered into a settlement to resolve the action. In Canada, plaintiffs have moved to commence putative class action proceedings based on similar alleged underlying conduct for precious metals. In addition, several putative class actions were filed in the United States District Courts for the Northern District of Illinois and Southern District of New York against the Firm, alleging manipulation of U.S. Treasury futures and options, and bringing claims under the Commodity Exchange Act. Some of the complaints also allege unjust enrichment. The actions in the Northern District of Illinois have been transferred to the Southern District of New York. The Court consolidated these putative class actions in October 2020 and plaintiffs filed their consolidated amended complaint in April 2021. In May 2021, the parties informed the Court that they have entered into a settlement to resolve the action. In October 2020, two putative class action complaints were filed under the Securities Exchange Act of 1934 in the United States District Court for the Eastern District of New York against the Firm and certain individual defendants on behalf of shareholders who acquired shares during the putative class period alleging that certain SEC filings of the Firm were materially false or misleading in that they did not disclose certain information relating to the above-referenced investigations. The Court consolidated these putative class actions in January 2021. Plaintiffs filed their second amended complaint in May 2021, which additionally alleged that certain orders in precious metals futures contracts placed by precious metals futures traders during the putative class period were materially false and misleading. Defendants have moved to dismiss. Securities Lending Antitrust Litigation . JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, J.P. Morgan Prime, Inc., and J.P. Morgan Strategic Securities Lending Corp. are named as defendants in a putative class action filed in the United States District Court for the Southern District of New York. The complaint asserts violations of federal antitrust law and New York State common law in connection with an alleged conspiracy to prevent the emergence of anonymous exchange trading for securities lending transactions. Defendants’ motion to dismiss the complaint was denied. Plaintiffs have moved to certify a class in this action, which defendants are opposing. Wendel. Since 2012, the French criminal authorities have been investigating a series of transactions entered into by senior managers of Wendel Investissement (“Wendel”) during the period from 2004 through 2007 to restructure their shareholdings in Wendel. JPMorgan Chase Bank, N.A., Paris branch provided financing for the transactions to a number of managers of Wendel in 2007. JPMorgan Chase Bank, N.A. cooperated with the investigation. The investigating judges issued an ordonnance de renvoi in November 2016, referring JPMorgan Chase Bank, N.A. to the French tribunal correctionnel for alleged complicity in tax fraud. In January 2018, the Paris Court of Appeal issued a decision cancelling the mise en examen of JPMorgan Chase Bank, N.A. The Court of Cassation, France’s highest court, ruled in September 2018 that a mise en examen is a prerequisite for an ordonnance de renvoi and in January 2020 ordered the annulment of the ordonnance de renvoi referring JPMorgan Chase Bank, N.A. to the French tribunal correctionnel . The Court of Appeal found in January 2021 that it had no power to take further action against JPMorgan Chase Bank, N.A. following the Court of Cassation’s ruling. At the opening of a trial of the managers of Wendel in January 2021, the tribunal correctionnel directed the criminal authorities to clarify whether a further investigation should be opened against JPMorgan Chase Bank, N.A., pending which the trial was postponed. In April 2021, the Court of Cassation declined to hear JPMorgan Chase Bank, N.A.’s appeal of the January 2021 decision of the tribunal correctionnel at this stage of the proceedings. In August 2021, JPMorgan Chase Bank, N.A. entered into a Convention Judicaire d’Intérêt Public with the French criminal authorities, under which it agreed to pay a fine of €25 million to resolve the potential legal proceedings. The resolution, which did not contain any admissions, was approved by the Presiding Judge of the tribunal judiciaire , and JPMorgan Chase Bank, N.A. paid the fine in September 2021. In addition, a number of the managers have commenced civil proceedings against JPMorgan Chase Bank, N.A. The claims are separate, involve different allegations and are at various stages of proceedings. * * * In addition to the various legal proceedings discussed above, JPMorgan Chase and its subsidiaries are named as defendants or are otherwise involved in a substantial number of other legal proceedings. The Firm believes it has meritorious defenses to the claims asserted against it in its currently outstanding legal proceedings and it intends to defend itself vigorously. Additional legal proceedings may be initiated from time to time in the future. The Firm has established reserves for several hundred of its currently outstanding legal proceedings. In accordance with the provisions of U.S. GAAP for contingencies, the Firm accrues for a litigation-related liability when it is probable that such a liability has been incurred and the amount of the loss can be reasonably estimated. The Firm evaluates its outstanding legal proceedings each quarter to assess its litigation reserves, and makes adjustments in such reserves, upward or downward, as appropriate, based on management’s best judgment after consultation with counsel. The Firm’s legal expense was $76 million and $524 million for the three months ended September 30, 2021 and 2020, respectively, and $289 million and $839 million for the nine months ended September 30, 2021 and 2020. There is no assurance that the Firm’s litigation reserves will not need to be adjusted in the future. In view of the inherent difficulty of predicting the outcome of legal proceedings, particularly where the claimants seek very large or indeterminate damages, or where the matters present novel legal theories, involve a large number of parties or are in early stages of discovery, the Firm cannot state with confidence what will be the eventual outcomes of the currently pending matters, the timing of their ultimate resolution or the eventual losses, fines, penalties or consequences related to those matters. JPMorgan Chase believes, based upon its current knowledge and after consultation with counsel, consideration of the material legal proceedings described above and after taking into account its current litigation reserves and its estimated aggregate range of possible losses, that the other legal proceedings currently pending against it should not have a material adverse effect on the Firm’s consolidated financial condition. The Firm notes, however, that in light of the uncertainties involved in such proceedings, there is no assurance that the ultimate resolution of these matters will not significantly exceed the reserves it has currently accrued or that a matter will not have material reputational consequences. As a result, the outcome of a particular matter may be material to JPMorgan Chase’s operating results for a particular period, depending on, among other factors, the size of the loss or liability imposed and the level of JPMorgan Chase’s income for that period.

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Business Segments	Business segments The Firm is managed on an LOB basis. There are four major reportable business segments - Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset & Wealth Management. In addition, there is a Corporate segment. The business segments are determined based on the products and services provided, or the type of customer served, and they reflect the manner in which financial information is currently evaluated by the Firm’s Operating Committee. Segment results are presented on a managed basis. Refer to Segment results below, and Note 32 of JPMorgan Chase’s 2020 Form 10-K for a further discussion of JPMorgan Chase’s business segments. Segment results The following table provides a summary of the Firm’s segment results as of or for the three and nine months ended September 30, 2021 and 2020, on a managed basis. The Firm’s definition of managed basis starts with the reported U.S. GAAP results and includes certain reclassifications to present total net revenue for the Firm (and each of the reportable business segments) on an FTE basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. Refer to Note 32 of JPMorgan Chase’s 2020 Form 10-K for additional information on the Firm’s managed basis. Capital allocation The amount of capital assigned to each segment is referred to as equity. Periodically, the assumptions and methodologies used to allocate capital are reassessed and as a result, the capital allocated to the LOBs may change. Refer to Line of business equity on page 98 of JPMorgan Chase’s 2020 Form 10-K for additional information on capital allocation. Segment results and reconciliation (a) As of or for the three months Consumer & Corporate & Commercial Banking Asset & Wealth Management 2021 2020 2021 2020 2021 2020 2021 2020 Noninterest revenue $ 4,138 $ 4,863 $ 9,061 $ 8,118 $ 988 $ 761 $ 3,312 $ 2,739 Net interest income 8,383 8,032 3,335 3,428 1,532 1,524 988 815 Total net revenue 12,521 12,895 12,396 11,546 2,520 2,285 4,300 3,554 Provision for credit losses (459) 795 (638) (81) (363) (147) (60) (52) Noninterest expense 7,238 6,912 5,871 5,832 1,032 969 2,762 2,443 Income/(loss) before income tax expense/(benefit) 5,742 5,188 7,163 5,795 1,851 1,463 1,598 1,163 Income tax expense/(benefit) 1,401 1,317 1,601 1,486 444 377 404 287 Net income/(loss) $ 4,341 $ 3,871 $ 5,562 $ 4,309 $ 1,407 $ 1,086 $ 1,194 $ 876 Average equity $ 50,000 $ 52,000 $ 83,000 $ 80,000 $ 24,000 $ 22,000 $ 14,000 $ 10,500 Total assets 493,169 487,063 1,355,752 1,088,282 (b) 227,670 228,583 221,702 187,858 ROE 34 % 29 % 26 % 21 % 22 % 19 % 33 % 32 % Overhead ratio 58 54 47 51 41 42 64 69 As of or for the three months ended September 30, Corporate Reconciling Items (a) Total 2021 2020 2021 2020 2021 2020 Noninterest revenue $ (242) $ 343 $ (690) $ (582) (b) $ 16,567 $ 16,242 (b) Net interest income (1,054) (682) (104) (104) 13,080 13,013 Total net revenue (1,296) (339) (794) (686) 29,647 29,255 Provision for credit losses (7) 96 — — (1,527) 611 Noninterest expense 160 719 — — 17,063 16,875 Income/(loss) before income tax expense/(benefit) (1,449) (1,154) (794) (686) 14,111 11,769 Income tax expense/(benefit) (632) (455) (794) (686) (b) 2,424 2,326 (b) Net income/(loss) $ (817) $ (699) $ — $ — $ 11,687 $ 9,443 Average equity $ 82,556 $ 72,297 $ — $ — $ 253,556 $ 236,797 Total assets 1,459,283 1,253,275 NA NA 3,757,576 3,245,061 (b) ROE NM NM NM NM 18 % 15 % Overhead ratio NM NM NM NM 58 58 (b) (a) Segment managed results reflect revenue on an FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. (b) Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information. Segment results and reconciliation (a) As of or for the nine months ended September 30, Consumer & Corporate & Commercial Banking Asset & Wealth Management 2021 2020 2021 2020 2021 2020 2021 2020 Noninterest revenue $ 13,452 $ 13,182 $ 30,061 $ 27,318 $ 2,855 $ 2,192 $ 9,623 $ 7,843 Net interest income 24,346 25,358 10,154 10,614 4,541 4,658 2,861 2,530 Total net revenue 37,798 38,540 40,215 37,932 7,396 6,850 12,484 10,373 Provision for credit losses (5,929) 12,395 (1,048) 3,307 (858) 3,294 (191) 265 Noninterest expense 21,502 20,948 19,498 18,599 2,982 2,848 7,922 7,201 Income/(loss) before income tax expense/(benefit) 22,225 5,197 21,765 16,026 5,272 708 4,753 2,907 Income tax expense/(benefit) 5,522 1,305 5,478 4,281 1,277 164 1,162 701 Net income/(loss) $ 16,703 $ 3,892 $ 16,287 $ 11,745 $ 3,995 $ 544 $ 3,591 $ 2,206 Average equity $ 50,000 $ 52,000 $ 83,000 $ 80,000 $ 24,000 $ 22,000 $ 14,000 $ 10,500 Total assets 493,169 487,063 1,355,752 1,088,282 (b) 227,670 228,583 221,702 187,858 ROE 44 % 9 % 25 % 19 % 21 % 2 % 33 % 27 % Overhead ratio 57 54 48 49 40 42 63 69 As of or for the nine months ended September 30, Corporate Reconciling Items (a) Total 2021 2020 2021 2020 2021 2020 Noninterest revenue $ (68) $ 607 $ (2,241) $ (1,831) (b) $ 53,682 $ 49,311 (b) Net interest income (2,870) (1,534) (322) (321) 38,710 41,305 Total net revenue (2,938) (927) (2,563) (2,152) 92,392 90,616 Provision for credit losses 58 108 — — (7,968) 19,369 Noninterest expense 1,551 1,012 — — 53,455 50,608 Income/(loss) before income tax expense/(benefit) (4,547) (2,047) (2,563) (2,152) 46,905 20,639 Income tax expense/(benefit) (1,906) (655) (2,563) (2,152) (b) 8,970 3,644 (b) Net income/(loss) $ (2,641) $ (1,392) $ — $ — $ 37,935 $ 16,995 Average equity $ 79,011 $ 70,751 $ — $ — $ 250,011 $ 235,251 Total assets 1,459,283 1,253,275 NA NA 3,757,576 3,245,061 (b) ROE NM NM NM NM 20 % 9 % Overhead ratio NM NM NM NM 58 56 (b) (a) Segment managed results reflect revenue on an FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. (b) Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation policy	The accounting and financial reporting policies of JPMorgan Chase and its subsidiaries conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by regulatory authorities.
Use of estimates in the preparation of consolidated financial statements policy	The unaudited Consolidated Financial Statements prepared in conformity with U.S. GAAP require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expense, and the disclosures of contingent assets and liabilities. Actual results could be different from these estimates. In the opinion of management, all normal, recurring adjustments have been included such that this interim financial information is fairly stated.
Reclassifications policy	Certain amounts reported in prior periods have been reclassified to conform with the current presentation, including certain deferred investment tax credits. In the first quarter of 2021 the Firm reclassified certain deferred investment tax credits from accounts payable and other liabilities to other assets to be a reduction to the carrying value of the associated tax-oriented investments. The reclassification also resulted in an increase in income tax expense and a corresponding increase in other income, with no effect on net income. Prior-period amounts have been revised to conform with the current presentation, including the Firm’s effective income tax rate. The reclassification did not change the Firm’s results of operations on a managed basis.
Consolidation policy	The Consolidated Financial Statements include the accounts of JPMorgan Chase and other entities in which the Firm has a controlling financial interest. All material intercompany balances and transactions have been eliminated. Assets held for clients in an agency or fiduciary capacity by the Firm are not assets of JPMorgan Chase and are not included on the Consolidated balance sheets.
Offsetting assets and liabilities policy	U.S. GAAP permits entities to present derivative receivables and derivative payables with the same counterparty and the related cash collateral receivables and payables on a net basis on the Consolidated balance sheets when a legally enforceable master netting agreement exists. U.S. GAAP also permits securities financing activities to be presented on a net basis when specified conditions are met, including the existence of a legally enforceable master netting agreement. The Firm has elected to net such balances when the specified conditions are met. Refer to Note 1 of JPMorgan Chase’s 2020 Form 10-K for further information on offsetting assets and liabilities.
Allowance for credit losses policy	The Firm's allowance for credit losses represents management's estimate of expected credit losses over the remaining expected life of the Firm's financial assets measured at amortized cost and certain off-balance sheet lending-related commitments.
Loan securitizations policy	The Firm has securitized and sold a variety of loans, including residential mortgages, credit card receivables, and commercial mortgages.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on a recurring basis	The following table presents the assets and liabilities reported at fair value as of September 30, 2021, and December 31, 2020, by major product category and fair value hierarchy. Assets and liabilities measured at fair value on a recurring basis Fair value hierarchy Derivative (f) September 30, 2021 (in millions) Level 1 Level 2 Level 3 Total fair value Federal funds sold and securities purchased under resale agreements $ — $ 273,158 $ — $ — $ 273,158 Securities borrowed — 72,833 — — 72,833 Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 35,746 299 — 36,045 Residential – nonagency — 2,281 24 — 2,305 Commercial – nonagency — 1,662 19 — 1,681 Total mortgage-backed securities — 39,689 342 — 40,031 U.S. Treasury, GSEs and government agencies (a) 87,623 9,282 — — 96,905 Obligations of U.S. states and municipalities — 6,735 7 — 6,742 Certificates of deposit, bankers’ acceptances and commercial paper — 2,567 — — 2,567 Non-U.S. government debt securities 41,486 48,345 104 — 89,935 Corporate debt securities — 31,472 370 — 31,842 Loans — 6,359 982 — 7,341 Asset-backed securities — 2,569 28 — 2,597 Total debt instruments 129,109 147,018 1,833 — 277,960 Equity securities 124,349 1,658 634 — 126,641 Physical commodities (b) 6,471 12,887 — — 19,358 Other — 23,920 58 — 23,978 Total debt and equity instruments (c) 259,929 185,483 2,525 — 447,937 Derivative receivables: Interest rate 1,931 281,315 1,863 (260,343) 24,766 Credit — 10,032 492 (9,349) 1,175 Foreign exchange 235 162,182 779 (148,671) 14,525 Equity — 71,346 3,076 (63,930) 10,492 Commodity — 35,781 534 (19,365) 16,950 Total derivative receivables 2,166 560,656 6,744 (501,658) 67,908 Total trading assets (d) 262,095 746,139 9,269 (501,658) 515,845 Available-for-sale securities: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 73,049 — — 73,049 Residential – nonagency — 6,373 — — 6,373 Commercial – nonagency — 3,132 — — 3,132 Total mortgage-backed securities — 82,554 — — 82,554 U.S. Treasury and government agencies 121,471 — — — 121,471 Obligations of U.S. states and municipalities — 17,515 — — 17,515 Non-U.S. government debt securities 5,457 10,368 — — 15,825 Corporate debt securities — 165 95 — 260 Asset-backed securities: Collateralized loan obligations — 9,137 — — 9,137 Other — 4,828 — — 4,828 Total available-for-sale securities 126,928 124,567 95 — 251,590 Loans (e) — 58,557 2,071 — 60,628 Mortgage servicing rights — — 5,351 — 5,351 Other assets (d) 9,332 4,061 321 — 13,714 Total assets measured at fair value on a recurring basis $ 398,355 $ 1,279,315 $ 17,107 $ (501,658) $ 1,193,119 Deposits $ — $ 9,431 $ 2,377 $ — $ 11,808 Federal funds purchased and securities loaned or sold under repurchase agreements — 187,439 — — 187,439 Short-term borrowings — 17,622 2,411 — 20,033 Trading liabilities: Debt and equity instruments (c) 98,932 27,096 30 — 126,058 Derivative payables: Interest rate 1,661 248,655 1,976 (243,460) 8,832 Credit — 11,301 498 (10,406) 1,393 Foreign exchange 248 160,511 1,336 (148,090) 14,005 Equity — 79,924 6,913 (69,063) 17,774 Commodity — 33,037 1,406 (22,962) 11,481 Total derivative payables 1,909 533,428 12,129 (493,981) 53,485 Total trading liabilities 100,841 560,524 12,159 (493,981) 179,543 Accounts payable and other liabilities 4,957 332 51 — 5,340 Beneficial interests issued by consolidated VIEs — 99 — — 99 Long-term debt — 52,985 23,514 — 76,499 Total liabilities measured at fair value on a recurring basis $ 105,798 $ 828,432 $ 40,512 $ (493,981) $ 480,761 Fair value hierarchy Derivative (f) December 31, 2020 (in millions) Level 1 Level 2 Level 3 Total fair value Federal funds sold and securities purchased under resale agreements $ — $ 238,015 $ — $ — $ 238,015 Securities borrowed — 52,983 — — 52,983 Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies (a) — 68,395 449 — 68,844 Residential – nonagency — 2,138 28 — 2,166 Commercial – nonagency — 1,327 3 — 1,330 Total mortgage-backed securities — 71,860 480 — 72,340 U.S. Treasury, GSEs and government agencies (a) 104,263 10,996 — — 115,259 Obligations of U.S. states and municipalities — 7,184 8 — 7,192 Certificates of deposit, bankers’ acceptances and commercial paper — 1,230 — — 1,230 Non-U.S. government debt securities 26,772 40,671 182 — 67,625 Corporate debt securities — 21,017 507 — 21,524 Loans — 6,101 893 — 6,994 Asset-backed securities — 2,304 28 — 2,332 Total debt instruments 131,035 161,363 2,098 — 294,496 Equity securities 97,035 2,652 476 (g) — 100,163 Physical commodities (b) 6,382 5,189 — — 11,571 Other — 21,351 (g) 49 (g) — 21,400 Total debt and equity instruments (c) 234,452 190,555 2,623 — 427,630 Derivative receivables: Interest rate (g) 2,318 387,023 2,307 (355,923) 35,725 Credit (g) — 12,721 624 (12,665) 680 Foreign exchange 146 205,127 987 (190,479) 15,781 Equity — 67,093 (g) 3,519 (54,125) 16,487 Commodity — 21,272 231 (14,732) 6,771 Total derivative receivables 2,464 693,236 7,668 (627,924) 75,444 Total trading assets (d) 236,916 883,791 10,291 (627,924) 503,074 Available-for-sale securities: Mortgage-backed securities: U.S. GSEs and government agencies (a)(g) 7 113,294 — — 113,301 Residential – nonagency — 10,233 — — 10,233 Commercial – nonagency — 2,856 — — 2,856 Total mortgage-backed securities 7 126,383 — — 126,390 U.S. Treasury and government agencies 201,951 — — — 201,951 Obligations of U.S. states and municipalities — 20,396 — — 20,396 Non-U.S. government debt securities 13,135 9,793 — — 22,928 Corporate debt securities — 216 — — 216 Asset-backed securities: Collateralized loan obligations — 10,048 — — 10,048 Other — 6,249 — — 6,249 Total available-for-sale securities 215,093 173,085 — — 388,178 Loans (e) — 42,169 2,305 — 44,474 Mortgage servicing rights — — 3,276 — 3,276 Other assets (d) 8,110 4,561 538 — 13,209 Total assets measured at fair value on a recurring basis $ 460,119 $ 1,394,604 $ 16,410 $ (627,924) $ 1,243,209 Deposits $ — $ 11,571 $ 2,913 $ — $ 14,484 Federal funds purchased and securities loaned or sold under repurchase agreements — 155,735 — — 155,735 Short-term borrowings — 14,473 2,420 — 16,893 Trading liabilities: Debt and equity instruments (c) 82,669 16,838 51 — 99,558 Derivative payables: Interest rate (g) 2,496 349,442 2,049 (340,975) 13,012 Credit (g) — 13,984 848 (12,837) 1,995 Foreign exchange 132 214,373 1,421 (194,493) 21,433 Equity — 74,032 7,381 (55,515) 25,898 Commodity — 21,767 962 (14,444) 8,285 Total derivative payables 2,628 673,598 12,661 (618,264) 70,623 Total trading liabilities 85,297 690,436 12,712 (618,264) 170,181 Accounts payable and other liabilities 2,895 513 68 — 3,476 Beneficial interests issued by consolidated VIEs — 41 — — 41 Long-term debt — 53,420 23,397 — 76,817 Total liabilities measured at fair value on a recurring basis $ 88,192 $ 926,189 $ 41,510 $ (618,264) $ 437,627 (a) At September 30, 2021, and December 31, 2020, included total U.S. GSE obligations of $68.6 billion and $117.6 billion, respectively, which were mortgage-related. (b) Physical commodities inventories are generally accounted for at the lower of cost or net realizable value. “Net realizable value” is a term defined in U.S. GAAP as not exceeding fair value less costs to sell (“transaction costs”). Transaction costs for the Firm’s physical commodities inventories are either not applicable or immaterial to the value of the inventory. Therefore, net realizable value approximates fair value for the Firm’s physical commodities inventories. When fair value hedging has been applied (or when net realizable value is below cost), the carrying value of physical commodities approximates fair value, because under fair value hedge accounting, the cost basis is adjusted for changes in fair value. Refer to Note 4 for a further discussion of the Firm’s hedge accounting relationships. To provide consistent fair value disclosure information, all physical commodities inventories have been included in each period presented. (c) Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions). (d) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient are not required to be classified in the fair value hierarchy. At September 30, 2021, and December 31, 2020, the fair values of these investments, which include certain hedge funds, private equity funds, real estate and other funds, were $813 million and $670 million, respectively. Included in these balances at September 30, 2021, and December 31, 2020, were trading assets of $56 million and $52 million, respectively, and other assets of $757 million and $618 million, respectively. (e) At September 30, 2021, and December 31, 2020, included $27.2 billion and $15.1 billion, respectively, of residential first-lien mortgages, and $8.1 billion and $6.3 billion, respectively, of commercial first-lien mortgages. Residential mortgage loans include conforming mortgage loans originated with the intent to sell to U.S. GSEs and government agencies of $13.1 billion and $8.4 billion, respectively. (f) As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. The level 3 balances would be reduced if netting were applied, including the netting benefit associated with cash collateral. (g) Prior-period amounts have been revised to conform with the current presentation.
Fair value inputs, assets and liabilities, quantitative information	Level 3 inputs (a) September 30, 2021 Product/Instrument Fair value (in millions) Principal valuation technique Unobservable inputs (g) Range of input values Average (i) Residential mortgage-backed securities and loans (b) $ 1,161 Discounted cash flows Yield (2)% – 15% 4% Prepayment speed 0% – 100% 12% Conditional default rate 0% – 30% 5% Loss severity 0% – 110% 5% Commercial mortgage-backed securities and loans (c) 480 Market comparables Price $0 – $100 $84 Corporate debt securities 465 Market comparables Price $2 – $150 $95 Loans (d) 1,754 Market comparables Price $5 – $104 $86 Asset-backed securities 28 Market comparables Price $6 – $99 $56 Net interest rate derivatives (118) Option pricing Interest rate volatility 8bps – 569bps 120bps Interest rate spread volatility 11bps – 23bps 15bps Interest rate correlation (65)% – 95% 33% IR-FX correlation (35)% – 50% (3)% 5 Discounted cash flows Prepayment speed 0% – 30% 8% Net credit derivatives (56) Discounted cash flows Credit correlation 33% – 63% 45% Credit spread 1bps – 2,539 bps 395bps Recovery rate 40% – 67% 54% Conditional default rate 100% 100% Loss severity 100% 100% 50 Market comparables Price $0 $115 $78 Net foreign exchange derivatives (448) Option pricing IR-FX correlation (40)% – 65% 21% (109) Discounted cash flows Prepayment speed 9% 9% 9% Net equity derivatives (3,837) Option pricing Forward equity price (h) 61% – 123% 99% Equity volatility 2% – 144% 29% Equity correlation 12% – 100% 55% Equity-FX correlation (79)% – 59% (27)% Equity-IR correlation 15% – 50% 28% Net commodity derivatives (872) Option pricing Oil Commodity Forward $635 / MT – $850 / MT $743 / MT Forward power price $24 / MWH – $64 / MWH $44 / MWH Commodity volatility 2% – 142% 72% Commodity correlation (50)% – 77% 14% MSRs 5,351 Discounted cash flows Refer to Note 14 Long-term debt, short-term borrowings, and deposits (e) 27,319 Option pricing Interest rate volatility 8bps – 569bps 120bps Interest rate correlation (65)% – 95% 33% IR-FX correlation (35)% – 50% (3)% Equity correlation 12% – 100% 55% Equity-FX correlation (79)% – 59% (27)% Equity-IR correlation 15% – 50% 28% 983 Discounted cash flows Credit correlation 33% – 63% 45% Other level 3 assets and liabilities, net (f) 1,043 (a) The categories presented in the table have been aggregated based upon the product type, which may differ from their classification on the Consolidated balance sheets. Furthermore, the inputs presented for each valuation technique in the table are, in some cases, not applicable to every instrument valued using the technique as the characteristics of the instruments can differ. (b) Comprises U.S. GSE and government agency securities of $299 million, nonagency securities of $24 million and non-trading loans of $838 million. (c) Comprises nonagency securities of $19 million, trading loans of $41 million and non-trading loans of $420 million. (d) Comprises trading loans of $941 million and non-trading loans of $813 million. (e) Long-term debt, short-term borrowings and deposits include structured notes issued by the Firm that are financial instruments that typically contain embedded derivatives. The estimation of the fair value of structured notes includes the derivative features embedded within the instrument. The significant unobservable inputs are broadly consistent with those presented for derivative receivables. (f) Includes equity securities of $1.0 billion including $379 million in Other Assets, for which quoted prices are not readily available and the fair value is generally based on internal valuation techniques such as EBITDA multiples and comparable analysis. All other level 3 assets and liabilities are insignificant both individually and in aggregate. (g) Price is a significant unobservable input for certain instruments. When quoted market prices are not readily available, reliance is generally placed on price-based internal valuation techniques. The price input is expressed assuming a par value of $100. (h) Forward equity price is expressed as a percentage of the current equity price. (i) Amounts represent weighted averages except for derivative related inputs where arithmetic averages are used.
Changes in level 3 recurring fair value measurements	The following tables include a rollforward of the Consolidated balance sheets amounts (including changes in fair value) for financial instruments classified by the Firm within level 3 of the fair value hierarchy for the three and nine months ended September 30, 2021 and 2020. When a determination is made to classify a financial instrument within level 3, the determination is based on the significance of the unobservable inputs to the overall fair value measurement. However, level 3 financial instruments typically include, in addition to the unobservable or level 3 components, observable components (that is, components that are actively quoted and can be validated to external sources); accordingly, the gains and losses in the table below include changes in fair value due in part to observable factors that are part of the valuation methodology. Also, the Firm risk-manages the observable components of level 3 financial instruments using securities and derivative positions that are classified within level 1 or 2 of the fair value hierarchy; as these level 1 and level 2 risk management instruments are not included below, the gains or losses in the following tables do not reflect the effect of the Firm’s risk management activities related to such level 3 instruments. Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 329 $ (12) $ 13 $ (6) $ (25) $ — $ — $ 299 $ (12) Residential – nonagency 16 — 9 — (1) — — 24 (1) Commercial – nonagency 10 7 1 — (13) 14 — 19 6 Total mortgage-backed securities 355 (5) 23 (6) (39) 14 — 342 (7) Obligations of U.S. states and municipalities 8 — — — (1) — — 7 — Non-U.S. government debt securities 183 (2) 128 (98) — — (107) 104 (1) Corporate debt securities 487 (33) 38 (115) (3) 25 (29) 370 (25) Loans 795 — 219 (197) (130) 409 (114) 982 2 Asset-backed securities 35 1 3 (4) — — (7) 28 — Total debt instruments 1,863 (39) 411 (420) (173) 448 (257) 1,833 (31) Equity securities 690 (41) 5 (44) — 62 (38) 634 (34) Other 47 26 17 — (31) — (1) 58 26 Total trading assets – debt and equity instruments 2,600 (54) (c) 433 (464) (204) 510 (296) 2,525 (39) (c) Net derivative receivables: (b) Interest rate (22) 618 21 (44) (683) 13 (16) (113) 246 Credit (17) (9) 4 (7) 59 (4) (32) (6) (1) Foreign exchange (583) 2 28 (44) 41 (5) 4 (557) 15 Equity (4,936) 723 192 (1,001) 912 214 59 (3,837) 397 Commodity (1,167) 88 130 (88) 156 (2) 11 (872) 178 Total net derivative receivables (6,725) 1,422 (c) 375 (1,184) 485 216 26 (5,385) 835 (c) Available-for-sale securities: Corporate debt securities — — 95 — — — — 95 — Total available-for-sale securities — — 95 — — — — 95 — Loans 1,734 (13) (c) 209 (1) (180) 427 (105) 2,071 (11) (c) Mortgage servicing rights 4,549 (11) (d) 1,013 1 (201) — — 5,351 (11) (d) Other assets 518 (35) (c) 3 — (165) — — 321 (34) (c) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 2,684 $ (11) (c)(e) $ — $ — $ 33 $ (172) $ — $ (157) $ 2,377 $ (7) (c)(e) Short-term borrowings 3,075 (699) (c)(e) — — 1,166 (1,121) — (10) 2,411 (124) (c)(e) Trading liabilities – debt and equity instruments 36 (2) (c) (8) 2 — — 3 (1) 30 1 (c) Accounts payable and other liabilities 51 — — — — — — — 51 1 (c) Long-term debt 23,527 (216) (c)(e) — — 2,950 (2,512) 11 (246) 23,514 (242) (c)(e) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 469 $ (4) $ 110 $ (28) $ (40) $ — $ — $ 507 $ (2) Residential – nonagency 23 — 8 (2) (1) — (3) 25 — Commercial – nonagency 2 — — — — — — 2 — Total mortgage-backed securities 494 (4) 118 (30) (41) — (3) 534 (2) Obligations of U.S. states and municipalities 8 — — — — — — 8 — Non-U.S. government debt securities 167 6 25 (23) (2) — (8) 165 6 Corporate debt securities 946 45 114 (33) (225) 4 (202) 649 45 Loans 905 22 240 (173) (21) 69 (312) 730 8 Asset-backed securities 39 3 5 (21) (2) 9 — 33 — Total debt instruments 2,559 72 502 (280) (291) 82 (525) 2,119 57 Equity securities 191 24 13 (104) — 104 (42) 186 29 Other 379 75 203 (4) (2) 2 — 653 77 Total trading assets – debt and equity instruments 3,129 171 (c) 718 (388) (293) 188 (567) 2,958 163 (c) Net derivative receivables: (b) Interest rate (104) 657 15 (30) (647) 35 102 28 323 Credit (137) (62) 22 (16) 154 (12) 2 (49) (21) Foreign exchange (595) (57) 7 (7) (34) 7 3 (676) (90) Equity (2,036) (1,437) 323 (384) 29 33 369 (3,103) (1,051) Commodity (297) 15 11 (79) 36 (302) (5) (621) 39 Total net derivative receivables (3,169) (884) (c) 378 (516) (462) (239) 471 (4,421) (800) (c) Available-for-sale securities: Mortgage-backed securities — — — — — — — — — Total available-for-sale securities — — — — — — — — — Loans 1,874 (44) (c) 197 (44) (324) 316 (169) 1,806 (44) (c) Mortgage servicing rights 3,080 34 (d) 221 (104) (215) — — 3,016 34 (d) Other assets 701 (21) (c) 5 — (27) — — 658 32 (c) Fair value measurements using significant unobservable inputs Three months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 3,217 $ 43 (c)(e) $ — $ — $ 170 $ (110) $ — $ (264) $ 3,056 $ 87 (c)(e) Short-term borrowings 2,305 (47) (c)(e) — — 1,421 (1,093) 25 (3) 2,608 (47) (c)(e) Trading liabilities – debt and equity instruments 59 (2) (c) (5) 5 — 1 3 (4) 57 (3) (c) Accounts payable and other liabilities 91 3 (c) (62) 4 — — 8 — 44 3 (c) Beneficial interests issued by consolidated VIEs — — — — — — — — — — Long-term debt 22,728 766 (c)(e) — — 1,225 (2,493) 78 (88) 22,216 646 (c)(e) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 449 $ (22) $ 20 $ (62) $ (86) $ 1 $ (1) $ 299 $ (25) Residential – nonagency 28 1 24 (24) (4) — (1) 24 (2) Commercial – nonagency 3 7 12 (1) (16) 14 — 19 6 Total mortgage-backed securities 480 (14) 56 (87) (106) 15 (2) 342 (21) Obligations of U.S. states and municipalities 8 — — — (1) — — 7 — Non-U.S. government debt securities 182 (10) 330 (284) (7) — (107) 104 (2) Corporate debt securities 507 (18) 357 (415) (3) 138 (196) 370 (3) Loans 893 6 785 (434) (256) 584 (596) 982 — Asset-backed securities 28 8 41 (43) (1) 2 (7) 28 — Total debt instruments 2,098 (28) 1,569 (1,263) (374) 739 (908) 1,833 (26) Equity securities 476 (38) 258 (114) — 140 (88) 634 (92) Other 49 74 118 — (86) 3 (100) 58 37 Total trading assets – debt and equity instruments 2,623 8 (c) 1,945 (1,377) (460) 882 (1,096) 2,525 (81) (c) Net derivative receivables: (b) Interest rate 258 1,587 92 (146) (1,874) 68 (98) (113) 212 Credit (224) 140 6 (11) 103 (13) (7) (6) 143 Foreign exchange (434) (196) 67 (98) 140 6 (42) (557) (44) Equity (3,862) (195) 667 (2,246) 1,638 233 (72) (3,837) (187) Commodity (731) (505) 140 (382) 600 (3) 9 (872) (223) Total net derivative receivables (4,993) 831 (c) 972 (2,883) 607 291 (210) (5,385) (99) (c) Available-for-sale securities: Corporate debt securities — — 95 — — — — 95 — Total available-for-sale securities — — 95 — — — — 95 — Loans 2,305 (79) (c) 516 (326) (699) 1,027 (673) 2,071 (92) (c) Mortgage servicing rights 3,276 258 (d) 2,410 (23) (570) — — 5,351 258 (d) Other assets 538 9 (c) 10 (18) (217) — (1) 321 22 (c) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 2,913 $ (67) (c)(e) $ — $ — $ 252 $ (360) $ 2 $ (363) $ 2,377 $ (60) (c)(e) Short-term borrowings 2,420 (1,095) (c)(e) — — 5,479 (4,333) 9 (69) 2,411 (117) (c)(e) Trading liabilities – debt and equity instruments 51 (6) (c) (100) 36 — — 62 (13) 30 (2) (c) Accounts payable and other liabilities 68 (10) (c) — 1 — — — (8) 51 (9) (c) Long-term debt 23,397 190 (c)(e) — — 9,884 (9,250) 29 (736) 23,514 48 (c)(e) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized gains/(losses) Transfers into Transfers (out of) level 3 Fair value at Change in unrealized gains/(losses) related Purchases (f) Sales Settlements (g) Assets: (a) Trading assets: Debt instruments: Mortgage-backed securities: U.S. GSEs and government agencies $ 797 $ (153) $ 134 $ (149) $ (122) $ — $ — $ 507 $ (140) Residential – nonagency 23 (1) 12 (4) (2) — (3) 25 2 Commercial – nonagency 4 — 1 — (1) 1 (3) 2 4 Total mortgage-backed securities 824 (154) 147 (153) (125) 1 (6) 534 (134) Obligations of U.S. states and municipalities 10 — — (1) (1) — — 8 — Non-U.S. government debt securities 155 10 164 (148) (7) — (9) 165 7 Corporate debt securities 558 (10) 475 (131) (234) 296 (305) 649 13 Loans 673 (72) 829 (400) (130) 676 (846) 730 (35) Asset-backed securities 37 (4) 42 (36) (5) 9 (10) 33 (1) Total debt instruments 2,257 (230) 1,657 (869) (502) 982 (1,176) 2,119 (150) Equity securities 196 (79) 37 (109) — 259 (118) 186 (40) Other 232 239 213 (9) (23) 4 (3) 653 263 Total trading assets – debt and equity instruments 2,685 (70) (c) 1,907 (987) (525) 1,245 (1,297) 2,958 73 (c) Net derivative receivables: (b) Interest rate (332) 2,052 102 (97) (1,510) (317) 130 28 290 Credit (139) — 70 (150) 137 59 (26) (49) 24 Foreign exchange (607) (214) 46 (16) 75 15 25 (676) (181) Equity (3,395) 564 912 (1,473) 558 (524) 255 (3,103) 1,342 Commodity (16) (248) 22 (107) 54 (306) (20) (621) 363 Total net derivative receivables (4,489) 2,154 (c) 1,152 (1,843) (686) (1,073) 364 (4,421) 1,838 (c) Available-for-sale securities: Mortgage-backed securities 1 — — — (1) — — — — Total available-for-sale securities 1 — — — (1) — — — — Loans 516 (195) (c) 450 (77) (678) 2,312 (522) 1,806 (147) (c) Mortgage servicing rights 4,699 (1,459) (d) 663 (177) (710) — — 3,016 (1,459) (d) Other assets 917 (56) (c) 66 (28) (281) 40 — 658 4 (c) Fair value measurements using significant unobservable inputs Nine months ended Fair value at Total realized/unrealized (gains)/losses Transfers into Transfers (out of) level 3 Fair value at Change in unrealized (gains)/losses related Purchases Sales Issuances Settlements (g) Liabilities: (a) Deposits $ 3,360 $ 88 (c)(e) $ — $ — $ 636 $ (538) $ 265 $ (755) $ 3,056 $ 137 (c)(e) Short-term borrowings 1,674 (294) (c)(e) — — 3,961 (2,769) 77 (41) 2,608 (27) (c)(e) Trading liabilities – debt and equity instruments 41 1 (c) (81) 12 — (4) 96 (8) 57 — Accounts payable and other liabilities 45 (1) (c) (85) 37 — — 48 — 44 1 (c) Long-term debt 23,339 (639) (c)(e) — — 7,432 (7,851) 1,056 (1,121) 22,216 (507) (c)(e) (a) Level 3 assets at fair value as a percentage of total Firm assets at fair value (including assets measured at fair value on a nonrecurring basis) were 2% and 1% at September 30, 2021 and December 31, 2020, respectively. Level 3 liabilities at fair value as a percentage of total Firm liabilities at fair value (including liabilities measured at fair value on a nonrecurring basis) were 8% and 9% at September 30, 2021 and December 31, 2020, respectively. (b) All level 3 derivatives are presented on a net basis, irrespective of the underlying counterparty. (c) Predominantly reported in principal transactions revenue, except for changes in fair value for CCB mortgage loans and lending-related commitments originated with the intent to sell, and mortgage loan purchase commitments, which are reported in mortgage fees and related income. (d) Changes in fair value for MSRs are reported in mortgage fees and related income. (e) Realized (gains)/losses due to DVA for fair value option elected liabilities are reported in principal transactions revenue, and were not material for the three and nine months ended September 30, 2021 and 2020. Unrealized (gains)/losses are reported in OCI, and were $318 million and $120 million for the three months ended September 30, 2021 and 2020, respectively, and $300 million and $(78) million for the nine months ended September 30, 2021 and 2020, respectively. (f) Loan originations are included in purchases. (g) Includes financial assets and liabilities that have matured, been partially or fully repaid, impacts of modifications, deconsolidations associated with beneficial interests in VIEs and other items.
Impact of credit adjustments on earnings	The following table provides the impact of credit and funding adjustments on principal transactions revenue in the respective periods, excluding the effect of any associated hedging activities. The FVA presented below includes the impact of the Firm’s own credit quality on the inception value of liabilities as well as the impact of changes in the Firm’s own credit quality over time. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Credit and funding adjustments: Derivatives CVA $ 60 $ 144 $ 343 $ (574) Derivatives FVA 38 109 99 (236)
Assets and liabilities measured at fair value on a nonrecurring basis	The following tables present the assets and liabilities held as of September 30, 2021 and 2020 , for which nonrecurring fair value adjustments were recorded during the nine months ended September 30, 2021 and 2020 , by major product category and fair value hierarchy. Fair value hierarchy Total fair value September 30, 2021 (in millions) Level 1 Level 2 Level 3 Loans $ — $ 1,175 $ 314 (b) $ 1,489 Other assets (a) — 7 1,202 1,209 Total assets measured at fair value on a nonrecurring basis $ — $ 1,182 $ 1,516 $ 2,698 Accounts payable and other liabilities — — 2 2 Total liabilities measured at fair value on a nonrecurring basis $ — $ — $ 2 $ 2 Fair value hierarchy Total fair value September 30, 2020 (in millions) Level 1 Level 2 Level 3 Loans $ — $ 1,714 $ 788 $ 2,502 Other assets — 11 945 956 Total assets measured at fair value on a nonrecurring basis $ — $ 1,725 $ 1,733 $ 3,458 Accounts payable and other liabilities — — 3 3 Total liabilities measured at fair value on a nonrecurring basis $ — $ — $ 3 $ 3 (a) Primarily includes equity securities without readily determinable fair values that were adjusted based on observable price changes in orderly transactions from an identical or similar investment of the same issuer (measurement alternative). Of the $1.2 billion in level 3 assets measured at fair value on a nonrecurring basis as of September 30, 2021, $1.1 billion related to equity securities adjusted based on the measurement alternative. These equity securities are classified as level 3 due to the infrequency of the observable prices and/or the restrictions on the shares. (b) Of the $314 million in level 3 assets measured at fair value on a nonrecurring basis as of September 30, 2021, $208 million related to residential real estate loans carried at the net realizable value of the underlying collateral (e.g., collateral-dependent loans). These amounts are classified as level 3 as they are valued using information from broker’s price opinions, appraisals and automated valuation models and discounted based upon the Firm’s experience with actual liquidation values. These discounts ranged from 12% to 45% with a weighted average of 25%. The following table presents the total change in value of assets and liabilities for which fair value adjustments have been recognized for the three and nine months ended September 30, 2021 and 2020 , related to assets and liabilities held at those dates. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Loans $ (10) $ (35) $ (40) $ (318) Other assets (a) 84 (363) 177 (539) Accounts payable and other liabilities — 92 6 (3) Total nonrecurring fair value gains/(losses) $ 74 $ (306) $ 143 $ (860)
Schedule of equity securities without readily determinable fair values measured under the measurement alternative and related adjustments	The following table presents the carrying value of equity securities without readily determinable fair values held as of September 30, 2021 and 2020 , that are measured under the measurement alternative and the related adjustments recorded during the periods presented for those securities with observable price changes. These securities are included in the nonrecurring fair value tables when applicable price changes are observable. Three months ended Nine months ended September 30 September 30 As of or for the period ended, (in millions) 2021 2020 2021 2020 Other assets Carrying value (a) $ 3,207 $ 2,329 $ 3,207 $ 2,329 Upward carrying value changes (b) 100 36 216 49 Downward carrying value changes/impairment (c) (10) (34) (18) (204) (a) The carrying value as of December 31, 2020 was $2.4 billion. The period-end carrying values reflect cumulative purchases and sales in addition to upward and downward carrying value changes. (b) The cumulative upward carrying value changes between January 1, 2018 and September 30, 2021 were $826 million. (c) The cumulative downward carrying value changes/impairment between January 1, 2018 and September 30, 2021 were $(335) million.
Carrying value and estimated fair value of financial assets and liabilities	The following table presents, by fair value hierarchy classification, the carrying values and estimated fair values at September 30, 2021, and December 31, 2020, of financial assets and liabilities, excluding financial instruments that are carried at fair value on a recurring basis, and their classification within the fair value hierarchy. September 30, 2021 December 31, 2020 Estimated fair value hierarchy Estimated fair value hierarchy (in billions) Carrying Level 1 Level 2 Level 3 Total estimated Carrying Level 1 Level 2 Level 3 Total estimated Financial assets Cash and due from banks $ 25.9 $ 25.9 $ — $ — $ 25.9 $ 24.9 $ 24.9 $ — $ — $ 24.9 Deposits with banks 734.0 734.0 — — 734.0 502.7 502.7 — — 502.7 Accrued interest and accounts receivable 115.7 — 115.6 0.1 115.7 89.4 — 89.3 0.1 89.4 Federal funds sold and securities purchased under resale agreements 9.0 — 9.0 — 9.0 58.3 — 58.3 — 58.3 Securities borrowed 130.2 — 130.2 — 130.2 107.7 — 107.7 — 107.7 Investment securities, held-to-maturity 343.5 181.3 163.1 — 344.4 201.8 53.2 152.3 — 205.5 Loans, net of allowance for loan losses (a) 965.8 — 203.2 781.7 984.9 940.1 — 210.9 755.6 966.5 Other 98.0 — 96.7 1.4 98.1 81.8 — 80.0 1.9 81.9 Financial liabilities Deposits $ 2,390.5 $ — $ 2,390.6 $ — $ 2,390.6 $ 2,129.8 $ — $ 2,128.9 $ — $ 2,128.9 Federal funds purchased and securities loaned or sold under repurchase agreements 67.5 — 67.5 — 67.5 59.5 — 59.5 — 59.5 Short-term borrowings 30.4 — 30.4 — 30.4 28.3 — 28.3 — 28.3 Accounts payable and other liabilities 228.6 — 224.0 4.2 228.2 186.6 — 181.9 4.3 186.2 Beneficial interests issued by consolidated VIEs 13.2 — 13.2 — 13.2 17.5 — 17.6 — 17.6 Long-term debt 221.9 — 225.6 3.3 228.9 204.8 — 209.2 3.2 212.4
The carrying value and estimated fair value of wholesale lending-related commitments	The majority of the Firm’s lending-related commitments are not carried at fair value on a recurring basis on the Consolidated balance sheets. The carrying value and the estimated fair value of these wholesale lending-related commitments were as follows for the periods indicated. September 30, 2021 December 31, 2020 Estimated fair value hierarchy Estimated fair value hierarchy (in billions) Carrying value (a) (b) Level 1 Level 2 Level 3 Total estimated fair value Carrying value (a) (b) Level 1 Level 2 Level 3 Total estimated fair value Wholesale lending-related commitments $ 2.1 $ — $ — $ 3.1 $ 3.1 $ 2.2 $ — $ — $ 2.1 $ 2.1 (a) Excludes the current carrying values of the guarantee liability and the offsetting asset, each of which is recognized at fair value at the inception of the guarantees. (b) Includes the wholesale allowance for lending-related commitments.

Fair Value Option (Tables)

Fair Value Option (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Changes in fair value under the fair value option election	The following table presents the changes in fair value included in the Consolidated statements of income for the three and nine months ended September 30, 2021 and 2020, for items for which the fair value option was elected. The profit and loss information presented below only includes the financial instruments that were elected to be measured at fair value; related risk management instruments, which are required to be measured at fair value, are not included in the table. Three months ended September 30, 2021 2020 (in millions) Principal transactions All other income Total changes in fair value recorded (e) Principal transactions All other income Total changes in fair value recorded (e) Federal funds sold and securities purchased under resale agreements $ (19) $ — $ (19) $ (148) $ — $ (148) Securities borrowed (22) — (22) 5 — 5 Trading assets: Debt and equity instruments, excluding loans (2,255) — (2,255) 1,780 (f) — 1,780 Loans reported as trading assets: Changes in instrument-specific credit risk 66 — 66 216 — 216 Other changes in fair value 1 — 1 — — — Loans: Changes in instrument-specific credit risk 119 (7) (c) 112 112 (13) (c) 99 Other changes in fair value 25 609 (c) 634 93 928 (c) 1,021 Other assets (22) — (22) (28) (7) (d) (35) Deposits (a) 38 — 38 (147) — (147) Federal funds purchased and securities loaned or sold under repurchase agreements 11 — 11 58 — 58 Short-term borrowings (a) 388 — 388 (54) — (54) Trading liabilities (1) — (1) 1 — 1 Other liabilities (1) — (1) (8) — (8) Long-term debt (a)(b) 643 11 (c)(d) 654 (530) (4) (c) (534) Nine months ended September 30, 2021 2020 (in millions) Principal transactions All other income Total changes in fair value recorded (e) Principal transactions All other income Total changes in fair value recorded (e) Federal funds sold and securities purchased under resale agreements $ (33) $ — $ (33) $ 96 $ — $ 96 Securities borrowed (119) — (119) 173 — 173 Trading assets: Debt and equity instruments, excluding loans (1,188) (1) (c) (1,189) 1,083 (f) (1) (c) 1,082 Loans reported as trading assets: Changes in instrument-specific credit risk 342 — 342 (39) — (39) Other changes in fair value (7) — (7) 1 — 1 Loans: Changes in instrument-specific credit risk 540 (9) (c) 531 143 2 (c) 145 Other changes in fair value (82) 1,733 (c) 1,651 357 2,423 (c) 2,780 Other assets 6 (23) (d) (17) 74 1 (d) 75 Deposits (a) (53) — (53) (612) — (612) Federal funds purchased and securities loaned or sold under repurchase agreements 42 — 42 (20) — (20) Short-term borrowings (a) (223) — (223) 1,035 — 1,035 Trading liabilities (2) — (2) 1 — 1 Other liabilities 1 — 1 (54) — (54) Long-term debt (a)(b) (262) 6 (c)(d) (256) 70 (1) (c) 69 (a) Unrealized gains/(losses) due to instrument-specific credit risk (DVA) for liabilities for which the fair value option has been elected are recorded in OCI, while realized gains/(losses) are recorded in principal transactions revenue. Realized gains/(losses) due to instrument-specific credit risk recorded in principal transactions revenue were $(6) million and $1 million for the three months ended September 30, 2021 and 2020, respectively and $(8) million and $20 million for the nine months ended September 30, 2021 and 2020, respectively. (b) Long-term debt measured at fair value predominantly relates to structured notes. Although the risk associated with the structured notes is actively managed, the gains/(losses) reported in this table do not include the income statement impact of the risk management instruments used to manage such risk. (c) Reported in mortgage fees and related income. (d) Reported in other income. (e) Changes in fair value exclude contractual interest, which is included in interest income and interest expense for all instruments other than certain hybrid financial instruments recorded in CIB. Refer to Note 6 for further information regarding interest income and interest expense. (f) Prior-period amounts have been revised to conform with the current presentation.
Difference between aggregate fair value and aggregate remaining contractual principal balance outstanding	The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding as of September 30, 2021, and December 31, 2020, for loans, long-term debt and long-term beneficial interests for which the fair value option has been elected. September 30, 2021 December 31, 2020 (in millions) Contractual principal outstanding Fair value Fair value over/(under) contractual principal outstanding Contractual principal outstanding Fair value Fair value over/(under) contractual principal outstanding Loans Nonaccrual loans Loans reported as trading assets $ 3,591 $ 642 $ (2,949) $ 3,386 $ 555 $ (2,831) Loans 1,193 1,055 (138) 1,867 1,507 (360) Subtotal 4,784 1,697 (3,087) 5,253 2,062 (3,191) 90 or more days past due and government guaranteed Loans (a) 301 289 (12) 328 317 (11) All other performing loans (b) Loans reported as trading assets 7,950 6,699 (1,251) 7,917 6,439 (1,478) Loans 58,949 59,284 335 42,022 42,650 628 Subtotal 66,899 65,983 (916) 49,939 49,089 (850) Total loans $ 71,984 $ 67,969 $ (4,015) $ 55,520 $ 51,468 $ (4,052) Long-term debt Principal-protected debt $ 37,445 (d) $ 35,244 $ (2,201) $ 40,560 (d) $ 40,526 $ (34) Nonprincipal-protected debt (c) NA 41,255 NA NA 36,291 NA Total long-term debt NA $ 76,499 NA NA $ 76,817 NA Long-term beneficial interests Nonprincipal-protected debt (c) NA $ 99 NA NA $ 41 NA Total long-term beneficial interests NA $ 99 NA NA $ 41 NA (a) These balances are excluded from nonaccrual loans as the loans are insured and/or guaranteed by U.S. government agencies. (b) There were no performing loans that were ninety days or more past due as of September 30, 2021, and December 31, 2020, respectively. (c) Remaining contractual principal is not applicable to nonprincipal-protected structured notes and long-term beneficial interests. Unlike principal-protected structured notes and long-term beneficial interests, for which the Firm is obligated to return a stated amount of principal at maturity, nonprincipal-protected structured notes and long-term beneficial interests do not obligate the Firm to return a stated amount of principal at maturity, but for structured notes to return an amount based on the performance of an underlying variable or derivative feature embedded in the note. However, investors are exposed to the credit risk of the Firm as issuer for both nonprincipal-protected and principal-protected notes. (d) Where the Firm issues principal-protected zero-coupon or discount notes, the balance reflects the contractual principal payment at maturity or, if applicable, the contractual principal payment at the Firm’s next call date.
Fair value option, structured notes by balance sheet classification and primary embedded derivative risk	The following table presents the fair value of structured notes, by balance sheet classification and the primary risk type. September 30, 2021 December 31, 2020 (in millions) Long-term debt Short-term borrowings Deposits Total Long-term debt Short-term borrowings Deposits Total Risk exposure Interest rate $ 35,571 $ 13 $ 5,700 $ 41,284 $ 38,129 $ 65 $ 5,057 $ 43,251 Credit 6,843 1,438 — 8,281 6,409 1,022 — 7,431 Foreign exchange 3,648 244 221 4,113 3,613 92 — 3,705 Equity 28,496 6,258 5,565 40,319 26,943 5,021 6,893 38,857 Commodity 321 — 6 (a) 327 250 13 232 (a) 495 Total structured notes $ 74,879 $ 7,953 $ 11,492 $ 94,324 $ 75,344 $ 6,213 $ 12,182 $ 93,739 (a) Excludes deposits linked to precious metals for which the fair value option has not been elected of $676 million and $739 million for the periods ended September 30, 2021 and December 31, 2020, respectively.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of uses and disclosure of derivatives	The following table outlines the Firm’s primary uses of derivatives and the related hedge accounting designation or disclosure category. Type of Derivative Use of Derivative Designation and disclosure Affected 10-Q page reference Manage specifically identified risk exposures in qualifying hedge accounting relationships: • Interest rate Hedge fixed rate assets and liabilities Fair value hedge Corporate 122-123 • Interest rate Hedge floating-rate assets and liabilities Cash flow hedge Corporate 124 • Foreign exchange Hedge foreign currency-denominated assets and liabilities Fair value hedge Corporate 122-123 • Foreign exchange Hedge foreign currency-denominated forecasted revenue and expense Cash flow hedge Corporate 124 • Foreign exchange Hedge the value of the Firm’s investments in non-U.S. dollar functional currency entities Net investment hedge Corporate 125 • Commodity Hedge commodity inventory Fair value hedge CIB, AWM 122-123 Manage specifically identified risk exposures not designated in qualifying hedge accounting relationships: • Interest rate Manage the risk associated with mortgage commitments, warehouse loans and MSRs Specified risk management CCB 125 • Credit Manage the credit risk associated with wholesale lending exposures Specified risk management CIB 125 • Interest rate and foreign exchange Manage the risk associated with certain other specified assets and liabilities Specified risk management Corporate 125 Market-making derivatives and other activities: • Various Market-making and related risk management Market-making and other CIB 125 • Various Other derivatives Market-making and other CIB, AWM, Corporate 125
Notional amount of derivative contracts	The following table summarizes the notional amount of free-standing derivative contracts outstanding as of September 30, 2021, and December 31, 2020. Notional amounts (b) (in billions) September 30, 2021 December 31, 2020 Interest rate contracts Swaps $ 24,116 $ 20,990 (c) Futures and forwards 3,824 3,057 Written options 3,211 3,375 Purchased options 3,523 3,675 Total interest rate contracts 34,674 31,097 Credit derivatives (a) 1,340 1,197 (c) Foreign exchange contracts Cross-currency swaps 4,081 3,924 Spot, futures and forwards 8,268 6,871 Written options 803 830 Purchased options 791 825 Total foreign exchange contracts 13,943 12,450 Equity contracts Swaps 628 448 Futures and forwards 145 140 Written options 750 668 (c) Purchased options 704 610 (c) Total equity contracts 2,227 1,866 Commodity contracts Swaps 185 138 Spot, futures and forwards 195 198 Written options 149 124 Purchased options 122 105 Total commodity contracts 651 565 Total derivative notional amounts $ 52,835 $ 47,175 (a) Refer to the Credit derivatives discussion on page 126 for more information on volumes and types of credit derivative contracts. (b) Represents the sum of gross long and gross short third-party notional derivative contracts. (c) Prior-period amounts have been revised to conform with the current presentation.
Impact of derivatives on the Consolidated Balance Sheets	The following table summarizes information on derivative receivables and payables (before and after netting adjustments) that are reflected on the Firm’s Consolidated balance sheets as of September 30, 2021, and December 31, 2020, by accounting designation (e.g., whether the derivatives were designated in qualifying hedge accounting relationships or not) and contract type. Free-standing derivative receivables and payables (a) Gross derivative receivables Gross derivative payables September 30, 2021 Not designated as hedges Designated as hedges Total derivative receivables Net derivative receivables (b) Not designated as hedges Designated Total derivative payables Net derivative payables (b) Trading assets and liabilities Interest rate $ 284,351 $ 758 $ 285,109 $ 24,766 $ 252,292 $ — $ 252,292 $ 8,832 Credit 10,524 — 10,524 1,175 11,799 — 11,799 1,393 Foreign exchange 162,107 1,089 163,196 14,525 161,159 936 162,095 14,005 Equity 74,422 — 74,422 10,492 86,837 — 86,837 17,774 Commodity 32,269 4,046 36,315 16,950 28,906 5,537 34,443 11,481 Total fair value of trading assets and liabilities $ 563,673 $ 5,893 $ 569,566 $ 67,908 $ 540,993 $ 6,473 $ 547,466 $ 53,485 Gross derivative receivables Gross derivative payables December 31, 2020 Not designated as hedges Designated as hedges Total derivative receivables Net derivative receivables (b) Not designated as hedges Designated Total derivative payables Net derivative payables (b) Trading assets and liabilities Interest rate $ 390,817 (c) $ 831 $ 391,648 $ 35,725 $ 353,987 (c) $ — $ 353,987 $ 13,012 Credit 13,345 (c) — 13,345 680 14,832 (c) — 14,832 1,995 Foreign exchange 205,359 901 206,260 15,781 214,229 1,697 215,926 21,433 Equity 70,612 (c) — 70,612 16,487 (c) 81,413 — 81,413 25,898 Commodity 20,579 924 21,503 6,771 20,834 1,895 22,729 8,285 Total fair value of trading assets and liabilities $ 700,712 $ 2,656 $ 703,368 $ 75,444 $ 685,295 $ 3,592 $ 688,887 $ 70,623 (a) Balances exclude structured notes for which the fair value option has been elected. Refer to Note 3 for further information. (b) As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral receivables and payables when a legally enforceable master netting agreement exists. (c) Prior-period amounts have been revised to conform with the current presentation.
Offsetting assets	The following tables present, as of September 30, 2021, and December 31, 2020, gross and net derivative receivables and payables by contract and settlement type. Derivative receivables and payables, as well as the related cash collateral from the same counterparty, have been netted on the Consolidated balance sheets where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, amounts are not eligible for netting on the Consolidated balance sheets, and those derivative receivables and payables are shown separately in the tables below. In addition to the cash collateral received and transferred that is presented on a net basis with derivative receivables and payables, the Firm receives and transfers additional collateral (financial instruments and cash). These amounts mitigate counterparty credit risk associated with the Firm’s derivative instruments, but are not eligible for net presentation: • collateral that consists of liquid securities and other cash collateral held at third-party custodians, which are shown separately as "Collateral not nettable on the Consolidated balance sheets" in the tables below, up to the fair value exposure amount. For the purpose of this disclosure, the definition of liquid securities is consistent with the definition of high quality liquid assets as defined in the LCR rule; • the amount of collateral held or transferred that exceeds the fair value exposure at the individual counterparty level, as of the date presented, which is excluded from the tables below; and • collateral held or transferred that relates to derivative receivables or payables where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement, which is excluded from the tables below. September 30, 2021 December 31, 2020 (in millions) Gross derivative receivables Amounts netted on the Consolidated balance sheets Net derivative receivables Gross derivative receivables Amounts netted on the Consolidated balance sheets Net U.S. GAAP nettable derivative receivables Interest rate contracts: Over-the-counter (“OTC”) $ 262,855 $ (243,110) $ 19,745 $ 367,214 (e) $ (337,609) (e) $ 29,605 OTC–cleared 17,441 (16,953) 488 18,340 (17,919) 421 Exchange-traded (a) 290 (280) 10 554 (395) 159 Total interest rate contracts 280,586 (260,343) 20,243 386,108 (355,923) 30,185 Credit contracts: OTC 7,735 (6,953) 782 8,894 (e) (8,356) (e) 538 OTC–cleared 2,492 (2,396) 96 4,326 (4,309) 17 Total credit contracts 10,227 (9,349) 878 13,220 (12,665) 555 Foreign exchange contracts: OTC 159,235 (148,098) 11,137 201,349 (189,655) 11,694 OTC–cleared 640 (572) 68 834 (819) 15 Exchange-traded (a) 10 (1) 9 35 (5) 30 Total foreign exchange contracts 159,885 (148,671) 11,214 202,218 (190,479) 11,739 Equity contracts: OTC 27,692 (25,632) 2,060 29,844 (e) (27,374) 2,470 Exchange-traded (a) 39,348 (38,298) 1,050 28,294 (26,751) 1,543 Total equity contracts 67,040 (63,930) 3,110 58,138 (54,125) 4,013 Commodity contracts: OTC 21,467 (8,256) 13,211 10,924 (7,901) 3,023 OTC–cleared 72 (72) — 20 (20) — Exchange-traded (a) 11,482 (11,037) 445 6,833 (6,811) 22 Total commodity contracts 33,021 (19,365) 13,656 17,777 (14,732) 3,045 Derivative receivables with appropriate legal opinion 550,759 (501,658) 49,101 (d) 677,461 (627,924) 49,537 (d) Derivative receivables where an appropriate legal opinion has not been either sought or obtained 18,807 18,807 25,907 25,907 Total derivative receivables recognized on the Consolidated balance sheets $ 569,566 $ 67,908 $ 703,368 $ 75,444 Collateral not nettable on the Consolidated balance sheets (b)(c) (11,001) (14,806) Net amounts $ 56,907 $ 60,638
Offsetting liabilities	September 30, 2021 December 31, 2020 (in millions) Gross derivative payables Amounts netted on the Consolidated balance sheets Net derivative payables Gross derivative payables Amounts netted on the Consolidated balance sheets Net U.S. GAAP nettable derivative payables Interest rate contracts: OTC $ 232,047 $ (224,749) $ 7,298 $ 332,214 (e) $ (321,140) (e) $ 11,074 OTC–cleared 18,841 (18,532) 309 19,710 (19,494) 216 Exchange-traded (a) 184 (179) 5 358 (341) 17 Total interest rate contracts 251,072 (243,460) 7,612 352,282 (340,975) 11,307 Credit contracts: OTC 8,775 (8,060) 715 10,311 (e) (8,781) (e) 1,530 OTC–cleared 2,433 (2,346) 87 4,075 (4,056) 19 Total credit contracts 11,208 (10,406) 802 14,386 (12,837) 1,549 Foreign exchange contracts: OTC 157,829 (147,518) 10,311 210,803 (193,672) 17,131 OTC–cleared 579 (572) 7 836 (819) 17 Exchange-traded (a) 12 — 12 34 (2) 32 Total foreign exchange contracts 158,420 (148,090) 10,330 211,673 (194,493) 17,180 Equity contracts: OTC 34,759 (30,733) 4,026 35,330 (28,763) 6,567 Exchange-traded (a) 43,462 (38,330) 5,132 34,491 (26,752) 7,739 Total equity contracts 78,221 (69,063) 9,158 69,821 (55,515) 14,306 Commodity contracts: OTC 18,060 (11,770) 6,290 10,365 (7,544) 2,821 OTC–cleared 85 (85) — 32 (32) — Exchange-traded (a) 12,241 (11,107) 1,134 7,391 (6,868) 523 Total commodity contracts 30,386 (22,962) 7,424 17,788 (14,444) 3,344 Derivative payables with appropriate legal opinion 529,307 (493,981) 35,326 (d) 665,950 (618,264) 47,686 (d) Derivative payables where an appropriate legal opinion has not been either sought or obtained 18,159 18,159 22,937 22,937 Total derivative payables recognized on the Consolidated balance sheets $ 547,466 $ 53,485 $ 688,887 $ 70,623 Collateral not nettable on the Consolidated balance sheets (b)(c) (7,091) (11,964) Net amounts $ 46,394 $ 58,659 (a) Exchange-traded derivative balances that relate to futures contracts are settled daily. (b) Includes liquid securities and other cash collateral held at third-party custodians related to derivative instruments where an appropriate legal opinion has been obtained. For some counterparties, the collateral amounts of financial instruments may exceed the derivative receivables and derivative payables balances. Where this is the case, the total amount reported is limited to the net derivative receivables and net derivative payables balances with that counterparty. (c) Derivative collateral relates only to OTC and OTC-cleared derivative instruments. (d) Net derivatives receivable included cash collateral netted of $68.8 billion and $88.0 billion at September 30, 2021, and December 31, 2020, respectively. Net derivatives payable included cash collateral netted of $61.2 billion and $78.4 billion at September 30, 2021, and December 31, 2020, respectively. Derivative cash collateral relates to OTC and OTC-cleared derivative instruments. (e) Prior-period amounts have been revised to conform with the current presentation.
Current credit risk of derivative receivables and liquidity risk of derivative payables	The following table shows the aggregate fair value of net derivative payables related to OTC and OTC-cleared derivatives that contain contingent collateral or termination features that may be triggered upon a ratings downgrade, and the associated collateral the Firm has posted in the normal course of business, at September 30, 2021, and December 31, 2020. OTC and OTC-cleared derivative payables containing downgrade triggers (in millions) September 30, 2021 December 31, 2020 Aggregate fair value of net derivative payables $ 19,541 $ 26,945 (a) Collateral posted 17,160 26,289 (a) Prior-period amount has been revised to conform with the current presentation. The following table shows the impact of a single-notch and two-notch downgrade of the long-term issuer ratings of JPMorgan Chase & Co. and its subsidiaries, predominantly JPMorgan Chase Bank, N.A., at September 30, 2021, and December 31, 2020, related to OTC and OTC-cleared derivative contracts with contingent collateral or termination features that may be triggered upon a ratings downgrade. Derivatives contracts generally require additional collateral to be posted or terminations to be triggered when the predefined threshold rating is breached. A downgrade by a single rating agency that does not result in a rating lower than a preexisting corresponding rating provided by another major rating agency will generally not result in additional collateral (except in certain instances in which additional initial margin may be required upon a ratings downgrade), nor in termination payments requirements. The liquidity impact in the table is calculated based upon a downgrade below the lowest current rating of the rating agencies referred to in the derivative contract. Liquidity impact of downgrade triggers on OTC and OTC-cleared derivatives September 30, 2021 December 31, 2020 (in millions) Single-notch downgrade Two-notch downgrade Single-notch downgrade Two-notch downgrade Amount of additional collateral to be posted upon downgrade (a) $ 230 $ 1,572 $ 119 $ 1,243 Amount required to settle contracts with termination triggers upon downgrade (b) 109 685 153 1,682 (c) (a) Includes the additional collateral to be posted for initial margin. (b) Amounts represent fair values of derivative payables, and do not reflect collateral posted. (c) Prior-period amount has been revised to conform with the current presentation.
Fair value hedge gains and losses	The following tables present derivative instruments, by contract type, used in fair value hedge accounting relationships, as well as pre-tax gains/(losses) recorded on such derivatives and the related hedged items for the three and nine months ended September 30, 2021 and 2020, respectively. The Firm includes gains/(losses) on the hedging derivative in the same line item in the Consolidated statements of income as the related hedged item. Gains/(losses) recorded in income Income statement impact of (e) OCI impact Three months ended September 30, 2021 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (812) $ 1,401 $ 589 $ — $ 592 $ — Foreign exchange (c) (363) 367 4 (71) 3 12 Commodity (d) (732) 754 22 — 14 — Total $ (1,907) $ 2,522 $ 615 $ (71) $ 609 $ 12 Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Three months ended September 30, 2020 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (464) $ 743 $ 279 $ — $ 309 $ — Foreign exchange (c) 307 (280) 27 (79) 27 (91) Commodity (d) (569) 593 24 — 14 — Total $ (726) $ 1,056 $ 330 $ (79) $ 350 $ (91) Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Nine months ended September 30, 2021 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ (3,749) $ 5,217 $ 1,468 $ — $ 1,572 $ — Foreign exchange (c) (862) 893 31 (221) 30 (56) Commodity (d) (5,119) 5,197 78 — 46 — Total $ (9,730) $ 11,307 $ 1,577 $ (221) $ 1,648 $ (56) Gains/(losses) recorded in income Income statement impact of excluded components (e) OCI impact Nine months ended September 30, 2020 Derivatives Hedged items Income statement impact Amortization approach Changes in fair value Derivatives - Gains/(losses) recorded in OCI (f) Contract type Interest rate (a)(b) $ 4,087 $ (3,333) $ 754 $ — $ 728 $ — Foreign exchange (c) 579 (430) 149 (379) 149 45 Commodity (d) (771) 882 111 — 107 — Total $ 3,895 $ (2,881) $ 1,014 $ (379) $ 984 $ 45 (a) Primarily consists of hedges of the benchmark (e.g., London Interbank Offered Rate ("LIBOR")) interest rate risk of fixed-rate long-term debt and AFS securities. Gains and losses were recorded in net interest income. (b) Excludes the amortization expense associated with the inception hedge accounting adjustment applied to the hedged item. This expense is recorded in net interest income and substantially offsets the income statement impact of the excluded components. Also excludes the accrual of interest on interest rate swaps and the related hedged items. (c) Primarily consists of hedges of the foreign currency risk of long-term debt and AFS securities for changes in spot foreign currency rates. Gains and losses related to the derivatives and the hedged items due to changes in foreign currency rates and the income statement impact of excluded components were recorded primarily in principal transactions revenue and net interest income. (d) Consists of overall fair value hedges of physical commodities inventories that are generally carried at the lower of cost or net realizable value (net realizable value approximates fair value). Gains and losses were recorded in principal transactions revenue. (e) The assessment of hedge effectiveness excludes certain components of the changes in fair values of the derivatives and hedged items such as forward points on foreign exchange forward contracts, time values and cross-currency basis spreads. Excluded components may impact earnings either through amortization of the initial amount over the life of the derivative, or through fair value changes recognized in the current period. (f) Represents the change in value of amounts excluded from the assessment of effectiveness under the amortization approach, predominantly cross-currency basis spreads. The amount excluded at inception of the hedge is recognized in earnings over the life of the derivative.
Schedule of amounts recorded on Consolidated Balance Sheets related to certain cumulative fair value hedge basis adjustments	As of September 30, 2021 and December 31, 2020, the following amounts were recorded on the Consolidated balance sheets related to certain cumulative fair value hedge basis adjustments that are expected to reverse through the income statement in future periods as an adjustment to yield. Carrying amount of the hedged items (a)(b) Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items: September 30, 2021 Active hedging relationships Discontinued hedging relationships (d)(e) Total Assets Investment securities - AFS $ 71,464 (c) $ 906 $ 558 $ 1,464 Liabilities Long-term debt $ 191,783 $ (1,121) $ 9,042 $ 7,921 Beneficial interests issued by consolidated VIEs 748 — (2) (2) Carrying amount of the hedged items (a)(b) Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items: December 31, 2020 Active hedging relationships Discontinued hedging relationships (d)(e) Total Assets Investment securities - AFS $ 139,684 (c) $ 3,572 $ 847 $ 4,419 Liabilities Long-term debt $ 177,611 $ 3,194 $ 11,473 $ 14,667 Beneficial interests issued by consolidated VIEs 746 — (3) (3) (a) Excludes physical commodities with a carrying value of $19.3 billion and $11.5 billion at September 30, 2021 and December 31, 2020, respectively, to which the Firm applies fair value hedge accounting. As a result of the application of hedge accounting, these inventories are carried at fair value, thus recognizing unrealized gains and losses in current periods. Since the Firm exits these positions at fair value, there is no incremental impact to net income in future periods. (b) Excludes hedged items where only foreign currency risk is the designated hedged risk, as basis adjustments related to foreign currency hedges will not reverse through the income statement in future periods. At September 30, 2021 and December 31, 2020, the carrying amount excluded for AFS securities is $12.6 billion and $14.5 billion, respectively, and for long-term debt is $11.8 billion and $6.6 billion, respectively. (c) Carrying amount represents the amortized cost, net of allowance if applicable. Refer to Note 9 for additional information. (d) Represents basis adjustments existing on the balance sheet date associated with hedged items that have been de-designated from qualifying fair value hedging relationships. (e) Positive amounts related to assets represent cumulative fair value hedge basis adjustments that will reduce net interest income in future periods. Positive (negative) amounts related to liabilities represent cumulative fair value hedge basis adjustments that will increase (reduce) net interest income in future periods.
Cash flow hedge gains and losses	The following tables present derivative instruments, by contract type, used in cash flow hedge accounting relationships, and the pre-tax gains/(losses) recorded on such derivatives, for the three and nine months ended September 30, 2021 and 2020, respectively. The Firm includes the gains/(losses) on the hedging derivative in the same line item in the Consolidated statements of income as the change in cash flows on the related hedged item. Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Three months ended September 30, 2021 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 272 $ (232) $ (504) Foreign exchange (b) 54 (35) (89) Total $ 326 $ (267) $ (593) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Three months ended September 30, 2020 Amounts reclassified Amounts recorded Total change in OCI for period Contract type Interest rate (a) $ 214 $ 8 $ (206) Foreign exchange (b) 13 126 113 Total $ 227 $ 134 $ (93) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Nine months ended September 30, 2021 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 771 $ (1,871) $ (2,642) Foreign exchange (b) 159 27 (132) Total $ 930 $ (1,844) $ (2,774) Derivatives gains/(losses) recorded in income and other comprehensive income/(loss) Nine months ended September 30, 2020 Amounts reclassified Amounts recorded Total change Contract type Interest rate (a) $ 332 $ 3,881 $ 3,549 Foreign exchange (b) (4) (94) (90) Total $ 328 $ 3,787 $ 3,459 (a) Primarily consists of hedges of LIBOR-indexed floating-rate assets and floating-rate liabilities. Gains and losses were recorded in net interest income.
Net investment hedge gains and losses	The following table presents hedging instruments, by contract type, that were used in net investment hedge accounting relationships, and the pre-tax gains/(losses) recorded on such instruments for the three and nine months ended September 30, 2021 and 2020. Gains/(losses) recorded in income and other comprehensive income/(loss) 2021 2020 Three months ended September 30, Amounts recorded in income (a)(b) Amounts recorded in OCI Amounts recorded in income (a)(b) Amounts recorded in OCI Foreign exchange derivatives $ (73) $ 1,028 $ (37) $ (868) Gains/(losses) recorded in income and other comprehensive income/(loss) 2021 2020 Nine months ended September 30, Amounts recorded in income (a)(b) Amounts recorded in OCI Amounts recorded in income (a)(b) Amounts recorded in OCI Foreign exchange derivatives $ (180) $ 1,958 $ (108) $ 308 (a) Certain components of hedging derivatives are permitted to be excluded from the assessment of hedge effectiveness, such as forward points on foreign exchange forward contracts. The Firm elects to record changes in fair value of these amounts directly in other income. (b) Excludes amounts reclassified from AOCI to income on the sale or liquidation of hedged entities. The amount reclassified for the three and nine months ended September 30, 2021 was not material. During the nine months ended September 30, 2020, the Firm reclassified pre-tax losses of $8 million to other income related to the liquidation of certain legal entities and the amount was not material for the three months ended September 30, 2020. Refer to Note 19 for further information.
Risk management derivatives gains and losses (not designated as hedging instruments)	The following table presents pre-tax gains/(losses) recorded on a limited number of derivatives, not designated in hedge accounting relationships, that are used to manage risks associated with certain specified assets and liabilities, including certain risks arising from mortgage commitments, warehouse loans, MSRs, wholesale lending exposures, and foreign currency-denominated assets and liabilities. Derivatives gains/(losses) Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Contract type Interest rate (a) $ 320 $ 597 $ 822 $ 2,533 Credit (b) (14) (19) (81) (58) Foreign exchange (c) 14 18 82 96 Total $ 320 $ 596 $ 823 $ 2,571 (a) Primarily represents interest rate derivatives used to hedge the interest rate risk inherent in mortgage commitments, warehouse loans and MSRs, as well as written commitments to originate warehouse loans. Gains and losses were recorded predominantly in mortgage fees and related income. (b) Relates to credit derivatives used to mitigate credit risk associated with lending exposures in the Firm’s wholesale businesses. These derivatives do not include credit derivatives used to mitigate counterparty credit risk arising from derivative receivables, which is included in gains and losses on derivatives related to market-making activities and other derivatives. Gains and losses were recorded in principal transactions revenue. (c) Primarily relates to derivatives used to mitigate foreign exchange risk of specified foreign currency-denominated assets and liabilities. Gains and losses were recorded in principal transactions revenue.
Credit derivatives table	Refer to Note 5 of JPMorgan Chase’s 2020 Form 10-K for a more detailed discussion of credit derivatives. The following tables present a summary of the notional amounts of credit derivatives and credit-related notes the Firm sold and purchased as of September 30, 2021 and December 31, 2020. The Firm does not use notional amounts of credit derivatives as the primary measure of risk management for such derivatives, because the notional amount does not take into account the probability of the occurrence of a credit event, the recovery value of the reference obligation, or related cash instruments and economic hedges, each of which reduces, in the Firm’s view, the risks associated with such derivatives. Total credit derivatives and credit-related notes Maximum payout/Notional amount September 30, 2021 (in millions) Protection sold Protection purchased with identical underlyings (b) Net protection (sold)/purchased (c) Other protection purchased (d) Credit derivatives Credit default swaps $ (577,311) $ 599,454 $ 22,143 $ 3,198 Other credit derivatives (a) (61,083) 82,067 20,984 16,431 Total credit derivatives (638,394) 681,521 43,127 19,629 Credit-related notes — — — 12,745 Total $ (638,394) $ 681,521 $ 43,127 $ 32,374 Maximum payout/Notional amount December 31, 2020 (in millions) Protection sold Protection purchased with identical underlyings (b) Net protection (sold)/purchased (c) Other protection purchased (d) Credit derivatives Credit default swaps $ (533,900) (e) $ 552,021 (e) $ 18,121 $ 2,786 (e) Other credit derivatives (a) (40,084) 57,344 17,260 10,630 (e) Total credit derivatives (573,984) 609,365 35,381 13,416 Credit-related notes — — — 10,248 Total $ (573,984) $ 609,365 $ 35,381 $ 23,664 (a) Other credit derivatives predominantly consist of credit swap options and total return swaps. (b) Represents the total notional amount of protection purchased where the underlying reference instrument is identical to the reference instrument on protection sold; the notional amount of protection purchased for each individual identical underlying reference instrument may be greater or lower than the notional amount of protection sold. (c) Does not take into account the fair value of the reference obligation at the time of settlement, which would generally reduce the amount the seller of protection pays to the buyer of protection in determining settlement value. (d) Represents protection purchased by the Firm on referenced instruments (single-name, portfolio or index) where the Firm has not sold any protection on the identical reference instrument. (e) Prior-period amounts have been revised to conform with the current presentation.
Protection sold - credit derivatives ratings/maturity profile	The following tables summarize the notional amounts by the ratings, maturity profile, and total fair value, of credit derivatives as of September 30, 2021, and December 31, 2020, where JPMorgan Chase is the seller of protection. The maturity profile is based on the remaining contractual maturity of the credit derivative contracts. The ratings profile is based on the rating of the reference entity on which the credit derivative contract is based. The ratings and maturity profile of credit derivatives where JPMorgan Chase is the purchaser of protection are comparable to the profile reflected below. Protection sold — credit derivatives ratings (a) /maturity profile September 30, 2021 <1 year 1–5 years >5 years Total Fair value of receivables (b) Fair value of payables (b) Net fair value Risk rating of reference entity Investment-grade $ (116,560) $ (291,195) $ (78,593) $ (486,348) $ 3,996 $ (597) $ 3,399 Noninvestment-grade (31,180) (96,565) (24,301) (152,046) 3,110 (1,886) 1,224 Total $ (147,740) $ (387,760) $ (102,894) $ (638,394) $ 7,106 $ (2,483) $ 4,623 December 31, 2020 <1 year 1–5 years >5 years Total Fair value of receivables (b) Fair value of payables (b) Net fair value Risk rating of reference entity Investment-grade $ (93,529) (c) $ (306,830) (c) $ (35,326) $ (435,685) $ 5,372 (c) $ (834) (c) $ 4,538 Noninvestment-grade (31,809) (97,337) (9,153) (138,299) 3,953 (2,542) 1,411 Total $ (125,338) $ (404,167) $ (44,479) $ (573,984) $ 9,325 $ (3,376) $ 5,949 (a) The ratings scale is primarily based on external credit ratings defined by S&P and Moody’s. (b) Amounts are shown on a gross basis, before the benefit of legally enforceable master netting agreements including cash collateral netting. (c) Prior-period amounts have been revised to conform with the current presentation.

Noninterest Revenue and Nonin_2

Noninterest Revenue and Noninterest Expense (Tables)	9 Months Ended
	Sep. 30, 2021
Noninterest Income (Expense) [Abstract]
Components of investment banking fees	The following table presents the components of investment banking fees. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Underwriting Equity $ 1,034 $ 736 $ 3,169 $ 2,037 Debt 1,019 1,019 3,713 3,342 Total underwriting 2,053 1,755 6,882 5,379 Advisory 1,229 432 2,840 1,524 Total investment banking fees $ 3,282 $ 2,187 $ 9,722 $ 6,903
Principal transactions revenue	The following table presents all realized and unrealized gains and losses recorded in principal transactions revenue. This table excludes interest income and interest expense on trading assets and liabilities, which are an integral part of the overall performance of the Firm’s client-driven market-making activities in CIB and fund deployment activities in Treasury and CIO. Refer to Note 6 for further information on interest income and interest expense. Trading revenue is presented primarily by instrument type. The Firm’s client-driven market-making businesses generally utilize a variety of instrument types in connection with their market-making and related risk-management activities; accordingly, the trading revenue presented in the table below is not representative of the total revenue of any individual LOB. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Trading revenue by instrument type Interest rate (a) $ 339 $ 287 $ 1,726 $ 2,258 Credit (b) 496 950 (c) 2,525 2,201 (c) Foreign exchange 648 714 2,287 3,606 Equity 1,863 1,410 6,449 4,816 Commodity 315 747 1,165 1,775 Total trading revenue 3,661 4,108 14,152 14,656 Private equity gains/(losses) (115) 34 (30) 44 Principal transactions $ 3,546 $ 4,142 $ 14,122 $ 14,700 (a) Includes the impact of changes in funding valuation adjustments on derivatives. (b) Includes the impact of changes in credit valuation adjustments on derivatives, net of the associated hedging activities. (c) Includes marks on held-for-sale positions, including unfunded commitments, in the bridge financing portfolio.
Components of lending and deposit-related fees	The following table presents the components of lending- and deposit-related fees. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Lending-related fees $ 374 $ 337 $ 1,102 $ 916 Deposit-related fees 1,427 1,310 4,146 3,868 Total lending- and deposit-related fees $ 1,801 $ 1,647 $ 5,248 $ 4,784
Components of asset management, administration and commissions	The following table presents the components of asset management, administration and commissions. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Asset management fees Investment management fees (a) $ 3,554 $ 2,937 $ 10,232 $ 8,439 All other asset management fees (b) 94 85 283 253 Total asset management fees 3,648 3,022 10,515 8,692 Total administration fees (c) 642 561 1,925 1,661 Commissions and other fees Brokerage commissions (d) 719 645 2,280 2,224 All other commissions and fees 248 242 760 699 Total commissions and fees 967 887 3,040 2,923 Total asset management, administration and commissions $ 5,257 $ 4,470 $ 15,480 $ 13,276 (a) Represents fees earned from managing assets on behalf of the Firm’s clients, including investors in Firm-sponsored funds and owners of separately managed investment accounts. (b) Represents fees for services that are ancillary to investment management services, such as commissions earned on the sales or distribution of mutual funds to clients. (c) Predominantly includes fees for custody, securities lending, funds services and securities clearance. (d) Represents commissions earned when the Firm acts as a broker, by facilitating its clients’ purchases and sales of securities and other financial instruments.
Schedule of components of card income	The following table presents the components of card income: Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Interchange and merchant processing income $ 6,117 $ 4,757 $ 16,959 $ 13,479 Rewards costs and partner payments (4,860) (3,497) (12,676) (9,895) Other card income (a) (252) (91) (281) (446) Total card income $ 1,005 $ 1,169 $ 4,002 $ 3,138 (a) Predominantly represents the amortization of account origination costs and annual fees.
Components of noninterest expense	Other expense on the Firm’s Consolidated statements of income included the following: Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Legal expense $ 76 $ 524 $ 289 $ 839 FDIC-related expense 173 186 551 503

Interest Income and Interest _2

Interest Income and Interest Expense (Tables)	9 Months Ended
	Sep. 30, 2021
Interest Income (Expense), Net [Abstract]
Details of interest income and interest expense	The following table presents the components of interest income and interest expense. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Interest income Loans (a) $ 10,445 $ 10,215 $ 30,777 $ 33,409 Taxable securities 1,553 1,816 4,735 6,203 Non-taxable securities (b) 262 294 809 901 Total investment securities (a) 1,815 2,110 5,544 7,104 Trading assets - debt instruments 1,682 1,850 5,175 5,980 Federal funds sold and securities purchased under resale agreements 231 401 639 2,097 Securities borrowed (c) (73) (128) (240) (151) Deposits with banks 174 69 342 708 All other interest-earning assets (d) 206 183 608 826 Total interest income $ 14,480 $ 14,700 $ 42,845 $ 49,973 Interest expense Interest-bearing deposits $ 126 $ 245 $ 404 $ 2,169 Federal funds purchased and securities loaned or sold under repurchase agreements 119 105 194 1,023 Short-term borrowings (e) 31 60 97 335 Trading liabilities – debt and all other interest-bearing liabilities (c)(f) 52 (51) 130 278 Long-term debt 1,054 1,293 3,244 4,679 Beneficial interest issued by consolidated VIEs 18 35 66 184 Total interest expense $ 1,400 $ 1,687 $ 4,135 $ 8,668 Net interest income $ 13,080 $ 13,013 $ 38,710 $ 41,305 Provision for credit losses (1,527) 611 (7,968) 19,369 Net interest income after provision for credit losses $ 14,607 $ 12,402 $ 46,678 $ 21,936 (a) Includes the amortization/accretion of unearned income (e.g., purchase premiums/discounts and net deferred fees/costs). (b) Represents securities which are tax-exempt for U.S. federal income tax purposes. (c) Negative interest income is related to the impact of current interest rates combined with the fees paid on client-driven securities borrowed balances. The negative interest expense related to prime brokerage customer payables is recognized in interest expense and reported within trading liabilities - debt and all other interest-bearing liabilities. (d) Includes interest earned on brokerage-related held-for-investment customer receivables, which are classified in accrued interest and accounts receivable, and all other interest-earning assets which are classified in other assets on the Consolidated balance sheets. (e) Includes commercial paper. (f) All other interest-bearing liabilities includes interest expense on brokerage-related customer payables.

Pension and Other Postretirem_2

Pension and Other Postretirement Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2021
Retirement Benefits [Abstract]
Components of net periodic benefit costs reported in the Consolidated Statements of Income	The following table presents the components of net periodic benefit costs reported in the Consolidated statements of income for the Firm’s defined benefit pension, defined contribution and OPEB plans. (in millions) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Pension and OPEB plans Pension and OPEB plans Components of net periodic benefit cost, U.S. defined benefit pension plans Benefits earned during the period $ — $ — $ 1 $ 1 Interest cost on benefit obligations 85 105 256 316 Expected return on plan assets (129) (158) (387) (475) Amortization: Net (gain)/loss 3 2 8 5 Net periodic defined benefit plan cost/(credit), U.S. defined benefit pension plans (41) (51) (122) (153) Other defined benefit pension and OPEB plans (24) (23) (62) (65) Total net periodic defined benefit plan cost/(credit) (65) (74) (184) (218) Total defined contribution plans 327 340 998 960 Total pension and OPEB cost included in noninterest expense $ 262 $ 266 $ 814 $ 742
Schedule of fair values of plan assets	The following table presents the fair values of plan assets for the Firm's defined benefit pension and OPEB plans. (in billions) September 30, December 31, 2020 Fair value of plan assets U.S. defined benefit pension plans $ 17.5 $ 17.6 Other defined benefit pension and OPEB plans 7.9 7.8

Employee Share-based Incentiv_2

Employee Share-based Incentives (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Noncash compensation expense related to employee stock-based incentive plans	The Firm recognized the following noncash compensation expense related to its various employee share-based incentive plans in its Consolidated statements of income. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Cost of prior grants of RSUs, performance share units (“PSUs”), stock appreciation rights ("SARs") and stock options that are amortized over their applicable vesting periods $ 283 $ 249 $ 919 $ 859 Accrual of estimated costs of share-based awards to be granted in future periods, predominantly those to full-career eligible employees 335 272 1,346 1,108 Total noncash compensation expense related to employee share-based incentive plans $ 618 $ 521 $ 2,265 $ 1,967

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Amortized costs and estimated fair values	The amortized costs and estimated fair values of the investment securities portfolio were as follows for the dates indicated. September 30, 2021 December 31, 2020 (in millions) Amortized cost (c)(d) Gross unrealized gains Gross unrealized losses Fair value Amortized cost (c)(d) Gross unrealized gains Gross unrealized losses Fair value Available-for-sale securities Mortgage-backed securities: U.S. GSEs and government agencies (a) $ 72,749 $ 1,091 $ 791 $ 73,049 $ 110,979 $ 2,372 $ 50 $ 113,301 Residential: U.S. 2,265 58 — 2,323 6,246 224 3 6,467 Non-U.S. 4,014 36 — 4,050 3,751 20 5 3,766 Commercial 3,102 41 11 3,132 2,819 71 34 2,856 Total mortgage-backed securities 82,130 1,226 802 82,554 123,795 2,687 92 126,390 U.S. Treasury and government agencies 121,227 730 486 121,471 199,910 2,141 100 201,951 Obligations of U.S. states and municipalities 16,471 1,049 5 17,515 18,993 1,404 1 20,396 Non-U.S. government debt securities 15,738 111 24 15,825 22,587 354 13 22,928 Corporate debt securities 263 6 9 260 215 4 3 216 Asset-backed securities: Collateralized loan obligations 9,133 8 4 9,137 10,055 24 31 10,048 Other 4,771 59 2 4,828 6,174 91 16 6,249 Total available-for-sale securities 249,733 3,189 1,332 251,590 381,729 6,705 256 388,178 Held-to-maturity securities (b) Mortgage-backed securities: U.S. GSEs and government agencies (a) 101,086 1,923 412 102,597 107,889 2,968 29 110,828 U.S. Residential 7,021 4 43 6,982 4,345 8 30 4,323 Commercial 3,738 20 21 3,737 2,602 77 — 2,679 Total mortgage-backed securities 111,845 1,947 476 113,316 114,836 3,053 59 117,830 U.S. Treasury and government agencies 182,368 133 1,225 181,276 53,184 50 — 53,234 Obligations of U.S. states and municipalities 13,465 397 9 13,853 12,751 519 — 13,270 Asset-backed securities: Collateralized loan obligations 33,664 90 9 33,745 21,050 90 2 21,138 Other 2,200 4 1 2,203 — — — — Total held-to-maturity securities 343,542 2,571 1,720 344,393 201,821 3,712 61 205,472 Total investment securities, net of allowance for credit losses $ 593,275 $ 5,760 $ 3,052 $ 595,983 $ 583,550 $ 10,417 $ 317 $ 593,650 (a) Includes AFS U.S. GSE obligations with fair values of $44.1 billion and $65.8 billion, and HTM U.S. GSE obligations with amortized cost of $71.9 billion and $86.3 billion, at September 30, 2021 and December 31, 2020, respectively. As of September 30, 2021, mortgage-backed securities issued by Fannie Mae and Freddie Mac each exceeded 10% of JPMorgan Chase’s total stockholders’ equity; the amortized cost and fair value of such securities were $69.5 billion and $71.1 billion, and $46.3 billion and $46.3 billion, respectively. (b) The Firm purchased $15.9 billion and $79.0 billion of HTM securities for the three and nine months ended September 30, 2021, respectively, and $514 million and $5.5 billion for the three and nine months ended September 30, 2020, respectively. (c) The amortized cost of investment securities is reported net of allowance for credit losses of $73 million and $78 million at September 30, 2021 and December 31, 2020, respectively. (d) Excludes $1.8 billion and $2.1 billion of accrued interest receivables at September 30, 2021 and December 31, 2020, respectively. The Firm did not reverse through interest income any accrued interest receivables for the three and nine months ended September 30, 2021 and 2020.
Securities impairment	The following tables present the fair value and gross unrealized losses by aging category for AFS securities at September 30, 2021 and December 31, 2020. The tables exclude U.S. Treasury and government agency securities and U.S. GSE and government agency MBS with unrealized losses of $1.3 billion and $150 million, at September 30, 2021 and December 31, 2020, respectively; changes in the value of these securities are generally driven by changes in interest rates rather than changes in their credit profile given the explicit or implicit guarantees provided by the U.S. government. Available-for-sale securities with gross unrealized losses Less than 12 months 12 months or more September 30, 2021 (in millions) Fair value Gross Fair value Gross Total fair value Total gross unrealized losses Available-for-sale securities Mortgage-backed securities: Residential: U.S. $ 72 $ — $ 31 $ — $ 103 $ — Non-U.S. 134 — — — 134 — Commercial 250 5 363 6 613 11 Total mortgage-backed securities 456 5 394 6 850 11 Obligations of U.S. states and municipalities 271 5 — — 271 5 Non-U.S. government debt securities 5,031 17 441 7 5,472 24 Corporate debt securities 149 9 40 — 189 9 Asset-backed securities: Collateralized loan obligations 4,381 4 270 — 4,651 4 Other 1,500 — 206 2 1,706 2 Total available-for-sale securities with gross unrealized losses $ 11,788 $ 40 $ 1,351 $ 15 $ 13,139 $ 55 Available-for-sale securities with gross unrealized losses Less than 12 months 12 months or more December 31, 2020 (in millions) Fair value Gross Fair value Gross Total fair value Total gross unrealized losses Available-for-sale securities Mortgage-backed securities: Residential: U.S. $ 562 $ 3 $ 32 $ — $ 594 $ 3 Non-U.S. 2,507 4 235 1 2,742 5 Commercial 699 18 124 16 823 34 Total mortgage-backed securities 3,768 25 391 17 4,159 42 Obligations of U.S. states and municipalities 49 1 — — 49 1 Non-U.S. government debt securities 2,709 9 968 4 3,677 13 Corporate debt securities 91 3 5 — 96 3 Asset-backed securities: Collateralized loan obligations 5,248 18 2,645 13 7,893 31 Other 268 1 685 15 953 16 Total available-for-sale securities with gross unrealized losses $ 12,133 $ 57 $ 4,694 $ 49 $ 16,827 $ 106
Securities gains and losses and provision for credit loss	Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Realized gains $ 60 $ 1,123 $ 481 $ 2,842 Realized losses (316) (650) (878) (2,110) Investment securities gains/(losses) $ (256) $ 473 $ (397) $ 732 Provision for credit losses $ (14) $ 97 $ (5) $ 110
Amortized cost and estimated fair value by contractual maturity	The following table presents the amortized cost and estimated fair value at September 30, 2021, of JPMorgan Chase’s investment securities portfolio by contractual maturity. By remaining maturity September 30, 2021 (in millions) Due in one Due after one year through five years Due after five years through 10 years Due after 10 years (b) Total Available-for-sale securities Mortgage-backed securities Amortized cost $ — $ 2,882 $ 5,326 $ 73,925 $ 82,133 Fair value — 2,916 5,650 73,988 82,554 Average yield (a) — % 1.47 % 1.79 % 2.33 % 2.26 % U.S. Treasury and government agencies Amortized cost $ 5,111 $ 88,001 $ 19,610 $ 8,505 $ 121,227 Fair value 5,150 88,082 19,581 8,658 121,471 Average yield (a) 1.28 % 0.53 % 0.68 % 0.50 % 0.58 % Obligations of U.S. states and municipalities Amortized cost $ 15 $ 167 $ 1,216 $ 15,073 $ 16,471 Fair value 16 172 1,277 16,050 17,515 Average yield (a) 3.91 % 4.37 % 4.88 % 5.01 % 4.99 % Non-U.S. government debt securities Amortized cost $ 6,750 $ 4,980 $ 3,811 $ 197 $ 15,738 Fair value 6,762 5,050 3,816 197 15,825 Average yield (a) 2.02 % 2.54 % 0.84 % 0.38 % 1.88 % Corporate debt securities Amortized cost $ — $ 233 $ 30 $ — $ 263 Fair value — 228 32 — 260 Average yield (a) — % 7.74 % 1.63 % — % 7.01 % Asset-backed securities Amortized cost $ 1,500 $ 1,076 $ 3,800 $ 7,528 $ 13,904 Fair value 1,500 1,081 3,807 7,577 13,965 Average yield (a) 1.19 % 1.93 % 1.27 % 1.26 % 1.31 % Total available-for-sale securities Amortized cost $ 13,376 $ 97,339 $ 33,793 $ 105,228 $ 249,736 Fair value 13,428 97,529 34,163 106,470 251,590 Average yield (a) 1.65 % 0.70 % 1.09 % 2.48 % 1.56 % Held-to-maturity securities Mortgage-backed securities Amortized cost $ — $ 1,029 $ 11,737 $ 99,091 $ 111,857 Fair value — 1,050 12,197 100,069 113,316 Average yield (a) — % 1.68 % 2.42 % 2.90 % 2.84 % U.S. Treasury and government agencies Amortized cost $ 14,376 $ 97,814 $ 70,178 $ — $ 182,368 Fair value 14,383 97,545 69,348 — 181,276 Average yield (a) 0.65 % 0.66 % 1.29 % — % 0.90 % Obligations of U.S. states and municipalities Amortized cost $ 35 $ 66 $ 1,059 $ 12,363 $ 13,523 Fair value 35 66 1,105 12,647 13,853 Average yield (a) 3.78 % 2.67 % 3.67 % 3.84 % 3.82 % Asset-backed securities Amortized cost $ — $ — $ 13,535 $ 22,329 $ 35,864 Fair value — — 13,592 22,356 35,948 Average yield (a) — % — % 1.19 % 1.25 % 1.23 % Total held-to-maturity securities Amortized cost $ 14,411 $ 98,909 $ 96,509 $ 133,783 $ 343,612 Fair value 14,418 98,661 96,242 135,072 344,393 Average yield (a) 0.66 % 0.67 % 1.44 % 2.71 % 1.68 % (a) Average yield is computed using the effective yield of each security owned at the end of the period, weighted based on the amortized cost of each security. The effective yield considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives. Taxable-equivalent amounts are used where applicable. The effective yield excludes unscheduled principal prepayments; and accordingly, actual maturities of securities may differ from their contractual or expected maturities as certain securities may be prepaid. However, for certain callable debt securities, the average yield is calculated to the earliest call date. (b) Substantially all of the Firm’s U.S. residential MBS and collateralized mortgage obligations are due in 10 years or more, based on contractual maturity. The estimated weighted-average life, which reflects anticipated future prepayments, is approximately 6 years for agency residential MBS, 4 years for agency residential collateralized mortgage obligations and 3 years for nonagency residential collateralized mortgage obligations.

Securities Financing Activiti_2

Securities Financing Activities (Tables)	9 Months Ended
	Sep. 30, 2021
Securities Financing Transactions Disclosures [Abstract]
Schedule of securities sold under repurchase agreements, netting & securities loaned	The table below summarizes the gross and net amounts of the Firm’s securities financing agreements as of September 30, 2021 and December 31, 2020. When the Firm has obtained an appropriate legal opinion with respect to a master netting agreement with a counterparty and where other relevant netting criteria under U.S. GAAP are met, the Firm nets, on the Consolidated balance sheets, the balances outstanding under its securities financing agreements with the same counterparty. In addition, the Firm exchanges securities and/or cash collateral with its counterparty to reduce the economic exposure with the counterparty, but such collateral is not eligible for net Consolidated balance sheet presentation. Where the Firm has obtained an appropriate legal opinion with respect to the counterparty master netting agreement, such collateral, along with securities financing balances that do not meet all these relevant netting criteria under U.S. GAAP, is presented in the table below as “Amounts not nettable on the Consolidated balance sheets,” and reduces the “Net amounts” presented. Where a legal opinion has not been either sought or obtained, the securities financing balances are presented gross in the “Net amounts” below. In transactions where the Firm is acting as the lender in a securities-for-securities lending agreement and receives securities that can be pledged or sold as collateral, the Firm recognizes the securities received at fair value within other assets and the obligation to return those securities within accounts payable and other liabilities on the Consolidated balance sheets. September 30, 2021 (in millions) Gross amounts Amounts netted on the Consolidated balance sheets Amounts presented on the Consolidated balance sheets Amounts not nettable on the Consolidated balance sheets (b) Net amounts (c) Assets Securities purchased under resale agreements $ 569,373 $ (287,212) $ 282,161 $ (269,113) $ 13,048 Securities borrowed 243,904 (40,917) 202,987 (149,458) 53,529 Liabilities Securities sold under repurchase agreements $ 533,390 $ (287,212) $ 246,178 $ (222,187) $ 23,991 Securities loaned and other (a) 52,735 (40,917) 11,818 (11,362) 456 December 31, 2020 (in millions) Gross amounts Amounts netted on the Consolidated balance sheets Amounts presented on the Consolidated balance sheets Amounts not nettable on the Consolidated balance sheets (b) Net amounts (c) Assets Securities purchased under resale agreements $ 666,467 $ (370,183) $ 296,284 $ (273,206) $ 23,078 Securities borrowed 193,700 (33,065) 160,635 (115,219) 45,416 Liabilities Securities sold under repurchase agreements $ 578,060 $ (370,183) $ 207,877 $ (191,980) $ 15,897 Securities loaned and other (a) 41,366 (33,065) 8,301 (8,257) 44 (a) Includes securities-for-securities lending agreements of $5.3 billion and $3.4 billion at September 30, 2021 and December 31, 2020, respectively, accounted for at fair value, where the Firm is acting as lender. (b) In some cases, collateral exchanged with a counterparty exceeds the net asset or liability balance with that counterparty. In such cases, the amounts reported in this column are limited to the related net asset or liability with that counterparty.
Schedule of types of assets pledged in secured financing transactions	The tables below present as of September 30, 2021, and December 31, 2020 the types of financial assets pledged in securities financing agreements and the remaining contractual maturity of the securities financing agreements. Gross liability balance September 30, 2021 December 31, 2020 (in millions) Securities sold under repurchase agreements Securities loaned and other Securities sold under repurchase agreements Securities loaned and other Mortgage-backed securities U.S. GSEs and government agencies $ 21,919 $ — $ 56,744 $ — Residential - nonagency 722 — 1,016 — Commercial - nonagency 1,065 — 855 — U.S. Treasury, GSEs and government agencies 280,004 230 315,834 143 Obligations of U.S. states and municipalities 1,726 8 1,525 2 Non-U.S. government debt 155,164 2,021 157,563 1,730 Corporate debt securities 35,682 1,325 22,849 1,864 Asset-backed securities 703 — 694 — Equity securities 36,405 49,151 20,980 37,627 Total $ 533,390 $ 52,735 $ 578,060 $ 41,366 Remaining contractual maturity of the agreements Overnight and continuous Greater than September 30, 2021 (in millions) Up to 30 days 30 – 90 days Total Total securities sold under repurchase agreements $ 223,354 $ 201,325 $ 40,302 $ 68,409 $ 533,390 Total securities loaned and other 51,764 76 — 895 52,735 Remaining contractual maturity of the agreements Overnight and continuous Greater than December 31, 2020 (in millions) Up to 30 days 30 – 90 days Total Total securities sold under repurchase agreements $ 238,667 $ 230,980 $ 70,777 $ 37,636 $ 578,060 Total securities loaned and other 37,887 1,647 500 1,332 41,366

Loans (Tables)

Loans (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Loan portfolio segment descriptions	The Firm’s loan portfolio is divided into three portfolio segments, which are the same segments used by the Firm to determine the allowance for loan losses: Consumer, excluding credit card; Credit card; and Wholesale. Within each portfolio segment the Firm monitors and assesses the credit risk in the following classes of loans, based on the risk characteristics of each loan class. Consumer, excluding Credit card Wholesale (c)(d) • Residential real estate (a) • Auto and other (b) • Credit card loans • Secured by real estate • Commercial and industrial • Other (e) (a) Includes scored mortgage and home equity loans held in CCB and AWM, and scored mortgage loans held in CIB and Corporate. (b) Includes scored auto and business banking loans and overdrafts. (c) Includes loans held in CIB, CB, AWM, Corporate as well as risk-rated loans held in CCB, including business banking and auto dealer loans for which the wholesale methodology is applied when determining the allowance for loan losses. (d) The wholesale portfolio segment's classes align with loan classifications as defined by the bank regulatory agencies, based on the loan's collateral, purpose, and type of borrower. (e) Includes loans to financial institutions, states and political subdivisions, SPEs, nonprofits, personal investment companies and trusts, as well as loans to individuals and individual entities (predominantly Global Private Bank clients within AWM). Refer to Note 14 of JPMorgan Chase’s 2020 Form 10-K for more information on SPEs.
Schedule of loans by portfolio segment	The following tables summarize the Firm’s loan balances by portfolio segment. September 30, 2021 Consumer, excluding credit card Credit card Wholesale Total (a)(b) (in millions) Retained $ 298,308 $ 143,166 $ 532,786 $ 974,260 Held-for-sale 1,407 — 8,320 9,727 At fair value 28,449 — 32,179 60,628 Total $ 328,164 $ 143,166 $ 573,285 $ 1,044,615 December 31, 2020 Consumer, excluding credit card Credit card Wholesale Total (a)(b) (in millions) Retained $ 302,127 $ 143,432 $ 514,947 $ 960,506 Held-for-sale 1,305 784 5,784 7,873 At fair value 15,147 — 29,327 44,474 Total $ 318,579 $ 144,216 $ 550,058 $ 1,012,853 (a) Excludes $2.7 billion and $2.9 billion of accrued interest receivables at September 30, 2021, and December 31, 2020, respectively. The Firm wrote off accrued interest receivables of $10 million and $34 million for the three months ended September 30, 2021 and 2020, respectively, and $30 million and $82 million for the nine months ended September 30, 2021 and 2020, respectively. (b) Loans (other than those for which the fair value option has been elected) are presented net of unamortized discounts and premiums and net deferred loan fees or costs. These amounts were not material as of September 30, 2021, and December 31, 2020. The following table provides information about retained consumer loans, excluding credit card, by class. (in millions) September 30, December 31, Residential real estate $ 221,671 $ 225,302 Auto and other (a) 76,637 76,825 Total retained loans $ 298,308 $ 302,127 (a) At September 30, 2021 and December 31, 2020, included $11.1 billion and $19.2 billion of loans, respectively, in Business Banking under the PPP.
Schedule of retained loans purchased, sold and reclassified to held-for-sale	The following tables provide information about the carrying value of retained loans purchased, sold and reclassified to held-for-sale during the periods indicated. Loans that were reclassified to held-for-sale and sold in a subsequent period are excluded from the sales line of this table. 2021 2020 Three months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding Credit card Wholesale Total Purchases $ 101 (b)(c) $ — $ 245 $ 346 $ 1,780 (b)(c) $ — $ 309 $ 2,089 Sales — — 7,826 7,826 — — 4,578 4,578 Retained loans reclassified to held-for-sale (a) 522 — 397 919 995 787 403 2,185 2021 2020 Nine months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding Credit card Wholesale Total Purchases $ 403 (b)(c) $ — $ 772 $ 1,175 $ 3,180 (b)(c) $ — $ 937 $ 4,117 Sales 181 — 22,307 22,488 348 — 13,579 13,927 Retained loans reclassified to held-for-sale (a) 771 — 2,061 2,832 1,822 787 1,154 3,763 (a) Reclassifications of loans to held-for-sale are non-cash transactions. (b) Predominantly includes purchases of residential real estate loans, including the Firm’s voluntary repurchases of certain delinquent loans from loan pools as permitted by Government National Mortgage Association (“Ginnie Mae”) guidelines for the three and nine months ended September 30, 2021 and 2020. The Firm typically elects to repurchase these delinquent loans as it continues to service them and/or manage the foreclosure process in accordance with applicable requirements of Ginnie Mae, FHA, RHS, and/or VA. (c) Excludes purchases of retained loans of $7.3 billion and $3.1 billion for the three months ended September 30, 2021 and 2020, respectively, and $19.3 billion and $10.5 billion for the nine months ended September 30, 2021 and 2020, respectively, which are predominantly sourced through the correspondent origination channel and underwritten in accordance with the Firm’s standards.
Schedule of financing receivable credit quality indicators	The following tables provide information on delinquency, which is the primary credit quality indicator for retained residential real estate loans. (in millions, except ratios) September 30, 2021 Term loans by origination year (d) Revolving loans Total 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Loan delinquency (a)(b) Current $ 50,900 $ 51,577 $ 21,058 $ 8,958 $ 13,231 $ 54,691 $ 6,707 $ 12,595 $ 219,717 30–149 days past due 11 13 17 17 10 479 16 172 735 150 or more days past due — — 7 5 13 927 5 262 1,219 Total retained loans $ 50,911 $ 51,590 $ 21,082 $ 8,980 $ 13,254 $ 56,097 $ 6,728 $ 13,029 $ 221,671 % of 30+ days past due to total retained loans (c) 0.02 % 0.03 % 0.11 % 0.24 % 0.17 % 2.45 % 0.31 % 3.33 % 0.87 % (in millions, except ratios) December 31, 2020 Term loans by origination year (d) Revolving loans Total 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Loan delinquency (a)(b) Current $ 56,576 (e) $ 31,820 $ 13,900 $ 20,410 $ 27,978 $ 49,218 (e) $ 7,902 (e) $ 15,260 (e) $ 223,064 30–149 days past due 9 25 20 22 29 674 21 245 1,045 150 or more days past due 3 14 10 18 18 844 22 264 1,193 Total retained loans $ 56,588 $ 31,859 $ 13,930 $ 20,450 $ 28,025 $ 50,736 $ 7,945 $ 15,769 $ 225,302 % of 30+ days past due to total retained loans (c) 0.02 % 0.12 % 0.22 % 0.20 % 0.17 % 2.91 % (e) 0.54 % (e) 3.23 % (e) 0.98 % (a) Individual delinquency classifications include mortgage loans insured by U.S. government agencies as follows: current included $41 million and $36 million; 30–149 days past due included $11 million and $16 million; and 150 or more days past due included $20 million and $24 million at September 30, 2021 and December 31, 2020, respectively. (b) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (c) At September 30, 2021 and December 31, 2020, residential real estate loans excluded mortgage loans insured by U.S. government agencies of $31 million and $40 million, respectively, that are 30 or more days past due. These amounts have been excluded based upon the government guarantee. (d) Purchased loans are included in the year in which they were originated. (e) Prior-period amounts have been revised to conform with the current presentation. The following table provides information on nonaccrual and other credit quality indicators for retained residential real estate loans. (in millions, except weighted-average data) September 30, 2021 December 31, 2020 Nonaccrual loans (a)(b)(c)(d) $ 4,794 $ 5,313 90 or more days past due and government guaranteed (e) 25 33 Current estimated LTV ratios (f)(g)(h) Greater than 125% and refreshed FICO scores: Equal to or greater than 660 $ 12 $ 6 Less than 660 3 12 101% to 125% and refreshed FICO scores: Equal to or greater than 660 31 38 Less than 660 20 44 80% to 100% and refreshed FICO scores: Equal to or greater than 660 2,146 2,177 Less than 660 103 239 Less than 80% and refreshed FICO scores: Equal to or greater than 660 205,919 208,238 Less than 660 10,054 11,980 No FICO/LTV available 3,311 2,492 U.S. government-guaranteed 72 76 Total retained loans $ 221,671 $ 225,302 Weighted average LTV ratio (f)(i) 51 % 54 % Weighted average FICO (g)(i) 764 763 Geographic region (j) California $ 70,719 $ 73,444 New York 32,221 32,287 Florida 15,439 13,981 Texas 13,645 13,773 Illinois 11,860 13,130 Colorado 8,496 8,235 Washington 8,071 7,917 New Jersey 6,884 7,227 Massachusetts 6,009 5,784 Connecticut 5,188 5,024 All other (k) 43,139 44,500 Total retained loans $ 221,671 $ 225,302 (a) Includes collateral-dependent residential real estate loans that are charged down to the fair value of the underlying collateral less costs to sell. The Firm reports, in accordance with regulatory guidance, residential real estate loans that have been discharged under Chapter 7 bankruptcy and not reaffirmed by the borrower (“Chapter 7 loans”) as collateral-dependent nonaccrual TDRs, regardless of their delinquency status. At September 30, 2021, approximately 7% of Chapter 7 residential real estate loans were 30 days or more past due. (b) Generally, all consumer nonaccrual loans have an allowance. In accordance with regulatory guidance, certain nonaccrual loans that are considered collateral-dependent have been charged down to the lower of amortized cost or the fair value of their underlying collateral less costs to sell. If the value of the underlying collateral has subsequently improved, the related allowance may be negative. (c) Interest income on nonaccrual loans recognized on a cash basis was $41 million and $39 million and $127 million and $119 million for the three and nine months ended September 30, 2021 and 2020, respectively. (d) Generally excludes loans under payment deferral programs offered in response to the COVID-19 pandemic. Includes loans to customers that have exited COVID-19 payment related deferral programs and are 90 or more days past due, predominantly all of which were considered collateral-dependent at time of exit. (e) These balances are excluded from nonaccrual loans as the loans are guaranteed by U.S government agencies. Typically the principal balance of the loans is insured and interest is guaranteed at a specified reimbursement rate subject to meeting agreed-upon servicing guidelines. At September 30, 2021 and December 31, 2020, these balances were no longer accruing interest based on the agreed-upon servicing guidelines. There were no loans that were not guaranteed by U.S. government agencies that are 90 or more days past due and still accruing interest at September 30, 2021 and December 31, 2020. (f) Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. Current estimated combined LTV for junior lien home equity loans considers all available lien positions, as well as unused lines, related to the property. (g) Refreshed FICO scores represent each borrower’s most recent credit score, which is obtained by the Firm on at least a quarterly basis. (h) Prior-period amounts have been revised to conform with the current presentation. (i) Excludes loans with no FICO and/or LTV data available. (j) The geographic regions presented in the table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. (k) At September 30, 2021 and December 31, 2020, included mortgage loans insured by U.S. government agencies of $72 million and $76 million, respectively. These amounts have been excluded from the geographic regions presented based upon the government guarantee. The following tables provide information on delinquency, which is the primary credit quality indicator for retained auto and other consumer loans. September 30, 2021 (in millions, except ratios) Term Loans by origination year Revolving loans 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Total Loan delinquency (a) Current $ 35,379 (c) $ 21,917 (c) $ 8,641 $ 4,466 $ 2,343 $ 993 $ 2,246 $ 129 $ 76,114 30–119 days past due 110 193 77 49 30 25 12 8 504 120 or more days past due — 4 — 1 — 1 5 8 19 Total retained loans $ 35,489 $ 22,114 $ 8,718 $ 4,516 $ 2,373 $ 1,019 $ 2,263 $ 145 $ 76,637 % of 30+ days past due to total retained loans (b) 0.31 % 0.32 % 0.88 % 1.11 % 1.26 % 2.55 % 0.75 % 11.03 % 0.68 % December 31, 2020 (in millions, except ratios) Term Loans by origination year Revolving loans 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Total Loan delinquency (a) Current $ 46,169 (d) $ 12,829 $ 7,367 $ 4,521 $ 2,058 $ 742 $ 2,517 $ 158 $ 76,361 30–119 days past due 97 107 77 53 42 23 30 17 446 120 or more days past due — — — 1 — 1 8 8 18 Total retained loans $ 46,266 $ 12,936 $ 7,444 $ 4,575 $ 2,100 $ 766 $ 2,555 $ 183 $ 76,825 % of 30+ days past due to total retained loans 0.21 % 0.83 % 1.03 % 1.18 % 2.00 % 3.13 % 1.49 % 13.66 % 0.60 % (a) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (b) At September 30, 2021, auto and other loans excluded $126 million of PPP loans guaranteed by the SBA that are 30 or more days past due. These amounts have been excluded based upon the SBA guarantee. At December 31, 2020, all PPP loans guaranteed by the SBA were current. (c) At September 30, 2021, included $9.1 billion of loans originated in 2021 and $2.0 billion of loans originated in 2020 in Business Banking under the PPP. PPP loans are guaranteed by the SBA. Other than in certain limited circumstances, the Firm typically does not recognize charge-offs, classify as nonaccrual nor record an allowance for loan losses on these loans. (d) At December 31, 2020, included $19.2 billion of loans in Business Banking under the PPP. The following table provides information on nonaccrual and other credit quality indicators for retained auto and other consumer loans. (in millions, except ratios) Total Auto and other September 30, 2021 December 31, 2020 Nonaccrual loans (a)(b)(c) 117 151 Geographic region (d) California $ 12,137 $ 12,302 Texas 8,333 8,235 New York 7,511 8,824 Florida 5,125 4,668 Illinois 3,333 3,768 New Jersey 2,580 2,646 Arizona 2,103 2,465 Pennsylvania 2,076 1,924 Ohio 2,029 2,163 Louisiana 1,870 1,808 All other 29,540 28,022 Total retained loans $ 76,637 $ 76,825 (a) There were no loans that were 90 or more days past due and still accruing interest at September 30, 2021 and December 31, 2020. (b) Generally, all consumer nonaccrual loans have an allowance. In accordance with regulatory guidance, certain nonaccrual loans that are considered collateral-dependent have been charged down to the lower of amortized cost or the fair value of their underlying collateral less costs to sell. If the value of the underlying collateral has subsequently improved, the related allowance may be negative. (c) Interest income on nonaccrual loans recognized on a cash basis was not material for the three and nine months ended months ended September 30, 2021 and 2020 . (d) The geographic regions presented in this table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. The following tables provide information on delinquency, which is the primary credit quality indicator for retained credit card loans. (in millions, except ratios) September 30, 2021 Within the revolving period Converted to term loans (b) Total Loan delinquency (a) Current and less than 30 days past due $ 140,730 $ 1,001 $ 141,731 30–89 days past due and still accruing 679 57 736 90 or more days past due and still accruing 674 25 699 Total retained loans $ 142,083 $ 1,083 $ 143,166 Loan delinquency ratios % of 30+ days past due to total retained loans 0.95 % 7.57 % 1.00 % % of 90+ days past due to total retained loans 0.47 2.31 0.49 (in millions, except ratios) December 31, 2020 Within the revolving period Converted to term loans (b) Total Loan delinquency (a) Current and less than 30 days past due $ 139,783 $ 1,239 $ 141,022 30–89 days past due and still accruing 997 94 1,091 90 or more days past due and still accruing 1,277 42 1,319 Total retained loans $ 142,057 $ 1,375 $ 143,432 Loan delinquency ratios % of 30+ days past due to total retained loans 1.60 % 9.89 % 1.68 % % of 90+ days past due to total retained loans 0.90 3.05 0.92 (a) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (b) Represents TDRs. The following table provides information on other credit quality indicators for retained credit card loans. (in millions, except ratios) September 30, 2021 December 31, 2020 Geographic region (a) California $ 21,211 $ 20,921 Texas 14,752 14,544 New York 11,924 11,919 Florida 9,514 9,562 Illinois 8,004 8,006 New Jersey 5,967 5,927 Ohio 4,566 4,673 Pennsylvania 4,332 4,476 Colorado 4,322 4,092 Michigan 3,513 3,553 All other 55,061 55,759 Total retained loans $ 143,166 $ 143,432 Percentage of portfolio based on carrying value with estimated refreshed FICO scores Equal to or greater than 660 88.2 % 85.9 % Less than 660 11.6 13.9 No FICO available 0.2 0.2 (a) The geographic regions presented in the table are ordered based on the magnitude of the corresponding loan balances at September 30, 2021. The following tables provide information on internal risk rating, which is the primary credit quality indicator for retained wholesale loans. Secured by real estate Commercial and industrial Other (a) Total retained loans (in millions, except ratios) Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Loans by risk ratings Investment-grade $ 90,209 $ 90,147 $ 68,112 $ 71,917 $ 230,185 $ 217,209 $ 388,506 $ 379,273 Noninvestment-grade: Noncriticized 23,661 26,129 56,658 57,870 49,097 33,053 129,416 117,052 Criticized performing 3,922 3,234 7,712 10,991 1,146 1,079 12,780 15,304 Criticized nonaccrual 375 483 994 1,931 715 904 2,084 3,318 Total noninvestment- grade 27,958 29,846 65,364 70,792 50,958 35,036 144,280 135,674 Total retained loans $ 118,167 $ 119,993 $ 133,476 $ 142,709 $ 281,143 $ 252,245 $ 532,786 $ 514,947 % of investment-grade to total retained loans 76.34 % 75.13 % 51.03 % 50.39 % 81.87 % 86.11 % 72.92 % 73.65 % % of total criticized to total retained loans 3.64 3.10 6.52 9.05 0.66 0.79 2.79 3.62 % of criticized nonaccrual to total retained loans 0.32 0.40 0.74 1.35 0.25 0.36 0.39 0.64 (a) Includes loans to financial institutions, states and political subdivisions, SPEs, nonprofits, personal investment companies and trusts, as well as loans to individuals and individual entities (predominantly Global Private Bank clients within AWM). Refer to Note 14 of JPMorgan Chase’s 2020 Form 10-K for more information on SPEs. Secured by real estate (in millions) September 30, 2021 Term loans by origination year Revolving loans 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 15,893 $ 16,153 $ 18,216 $ 9,486 $ 8,240 $ 21,072 $ 1,141 $ 8 $ 90,209 Noninvestment-grade 3,661 4,460 5,052 4,344 3,311 6,606 522 2 27,958 Total retained loans $ 19,554 $ 20,613 $ 23,268 $ 13,830 $ 11,551 $ 27,678 $ 1,663 $ 10 $ 118,167 Secured by real estate (in millions) December 31, 2020 Term loans by origination year (a) Revolving loans 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 17,004 $ 19,870 $ 12,448 $ 11,218 $ 13,611 $ 14,898 $ 1,098 $ — $ 90,147 Noninvestment-grade 4,998 6,027 5,886 4,184 3,738 4,523 489 1 29,846 Total retained loans $ 22,002 $ 25,897 $ 18,334 $ 15,402 $ 17,349 $ 19,421 $ 1,587 $ 1 $ 119,993 (a) Prior-period amounts have been revised to conform with the current presentation. Commercial and industrial (in millions) September 30, 2021 Term loans by origination year Revolving loans 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 16,741 $ 7,060 $ 4,243 $ 1,496 $ 1,288 $ 1,104 $ 36,179 $ 1 $ 68,112 (a) Noninvestment-grade 13,286 8,498 5,493 2,733 1,141 784 33,353 76 65,364 Total retained loans $ 30,027 $ 15,558 $ 9,736 $ 4,229 $ 2,429 $ 1,888 $ 69,532 $ 77 $ 133,476 Commercial and industrial (in millions) December 31, 2020 Term loans by origination year (b) Revolving loans 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 21,233 $ 7,341 $ 2,950 $ 1,756 $ 1,034 $ 1,178 $ 36,424 $ 1 $ 71,917 (c) Noninvestment-grade 15,488 9,189 5,470 2,323 611 786 36,852 73 70,792 Total retained loans $ 36,721 $ 16,530 $ 8,420 $ 4,079 $ 1,645 $ 1,964 $ 73,276 $ 74 $ 142,709 (a) At September 30, 2021, $2.0 billion of the $2.2 billion total PPP loans in the wholesale portfolio were commercial and industrial. Of the $2.0 billion, $1.3 billion were originated in 2021 and $639 million were originated in 2020. PPP loans are guaranteed by the SBA and considered investment-grade. Other than in certain limited circumstances, the Firm typically does not recognize charge-offs, classify as nonaccrual nor record an allowance for loan losses on these loans. (b) Prior-period amounts have been revised to conform with the current presentation. (c) At December 31, 2020, $7.4 billion of the $8.0 billion total PPP loans in the wholesale portfolio were commercial and industrial. Other (a) (in millions) September 30, 2021 Term loans by origination year Revolving loans 2021 2020 2019 2018 2017 Prior to 2017 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 22,301 $ 20,154 $ 7,079 $ 3,229 $ 4,185 $ 8,930 $ 163,875 $ 432 $ 230,185 Noninvestment-grade 12,011 3,112 1,488 1,425 312 1,574 31,007 29 50,958 Total retained loans $ 34,312 $ 23,266 $ 8,567 $ 4,654 $ 4,497 $ 10,504 $ 194,882 $ 461 $ 281,143 Other (a) (in millions) December 31, 2020 Term loans by origination year (b) Revolving loans 2020 2019 2018 2017 2016 Prior to 2016 Within the revolving period Converted to term loans Total Loans by risk ratings Investment-grade $ 33,190 $ 11,116 $ 7,455 $ 6,804 $ 4,089 $ 8,252 $ 145,524 $ 779 $ 217,209 Noninvestment-grade 5,048 2,231 1,660 553 175 535 24,710 124 35,036 Total retained loans $ 38,238 $ 13,347 $ 9,115 $ 7,357 $ 4,264 $ 8,787 $ 170,234 $ 903 $ 252,245 (a) Includes loans to financial institutions, states and political subdivisions, SPEs, nonprofits, personal investment companies and trusts, as well as loans to individuals and individual entities (predominantly Global Private Bank clients within AWM). Refer to Note 14 of JPMorgan Chase’s 2020 Form 10-K for more information on SPEs. (b) Prior-period amounts have been revised to conform with the current presentation. The following table presents additional information on retained loans secured by real estate, which consists of loans secured wholly or substantially by a lien or liens on real property at origination. (in millions, except ratios) Multifamily Other commercial Total retained loans secured by real estate Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Retained loans secured by real estate $ 72,903 $ 73,078 $ 45,264 $ 46,915 $ 118,167 $ 119,993 Criticized 1,710 1,144 2,587 2,573 4,297 3,717 % of total criticized to total retained loans secured by real estate 2.35 % 1.57 % 5.72 % 5.48 % 3.64 % 3.10 % Criticized nonaccrual $ 84 $ 56 $ 291 $ 427 $ 375 $ 483 % of criticized nonaccrual loans to total retained loans secured by real estate 0.12 % 0.08 % 0.64 % 0.91 % 0.32 % 0.40 % Geographic distribution and delinquency The following table provides information on the geographic distribution and delinquency for retained wholesale loans. Secured by real estate Commercial Other Total (in millions, Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Loans by geographic distribution (a) Total U.S. $ 115,155 $ 116,990 $ 95,657 $ 109,273 $ 203,631 $ 180,583 $ 414,443 $ 406,846 Total non-U.S. 3,012 3,003 37,819 33,436 77,512 71,662 118,343 108,101 Total retained loans $ 118,167 $ 119,993 $ 133,476 $ 142,709 $ 281,143 $ 252,245 $ 532,786 $ 514,947 Loan delinquency (b) Current and less than 30 days past due and still accruing $ 117,563 $ 118,894 $ 131,863 $ 140,100 $ 278,607 $ 249,713 $ 528,033 $ 508,707 30–89 days past due and still accruing 150 601 546 658 1,789 1,606 2,485 2,865 90 or more days past due and still accruing (c) 79 15 73 20 32 22 184 57 Criticized nonaccrual 375 483 994 1,931 715 904 2,084 3,318 Total retained loans $ 118,167 $ 119,993 $ 133,476 $ 142,709 $ 281,143 $ 252,245 $ 532,786 $ 514,947 (a) The U.S. and non-U.S. distribution is determined based predominantly on the domicile of the borrower. (b) At September 30, 2021 and December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. The credit quality of wholesale loans is assessed primarily through ongoing review and monitoring of an obligor’s ability to meet contractual obligations rather than relying on the past due status, which is generally a lagging indicator of credit quality. (c) Represents loans that are considered well-collateralized and therefore still accruing interest. The following tables provide information about net charge-offs on retained wholesale loans. Wholesale net charge-offs/(recoveries) Secured by real estate Commercial Other Total Three months ended September 30, 2021 2020 2021 2020 2021 2020 2021 2020 Net charge-offs/(recoveries) $ 9 $ (3) $ 23 $ 95 $ 5 $ — $ 37 $ 92 Secured by real estate Commercial Other Total Nine months ended September 30, 2021 2020 2021 2020 2021 2020 2021 2020 Net charge-offs/(recoveries) $ 10 $ 9 $ 75 $ 531 $ 15 $ 13 $ 100 $ 553
Troubled debt restructuring on financing receivables nature and extent of modifications	The following table provides information about how residential real estate loans were modified in TDRs under the Firm’s loss mitigation programs described above during the periods presented. This table excludes Chapter 7 loans where the sole concession granted is the discharge of debt, loans with short-term or other insignificant modifications that are not considered concessions, and loans for which the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Number of loans approved for a trial modification 1,448 1,623 4,014 4,468 Number of loans permanently modified 917 1,615 3,817 5,200 Concession granted: (a) Interest rate reduction 75 % 40 % 74 % 51 % Term or payment extension 64 39 49 53 Principal and/or interest deferred 19 21 24 12 Principal forgiveness 1 1 2 2 Other (b) 24 65 39 65 (a) Represents concessions granted in permanent modifications as a percentage of the number of loans permanently modified. The sum of the percentages exceeds 100% because predominantly all of the modifications include more than one type of concession. Concessions offered on trial modifications are generally consistent with those granted on permanent modifications.
Troubled debt restructuring on financing receivables, financial effects of modifications and re-defaults	The following table provides information about the financial effects of the various concessions granted in modifications of residential real estate loans under the loss mitigation programs described above and about redefaults of certain loans modified in TDRs for the periods presented. The following table presents only the financial effects of permanent modifications and do not include temporary concessions offered through trial modifications. This table also excludes Chapter 7 loans where the sole concession granted is the discharge of debt, loans with short-term or other insignificant modifications that are not considered concessions, and loans for which the Firm has elected to apply the option to suspend the application of accounting guidance for TDRs as provided by the CARES Act and extended by the Consolidated Appropriations Act. (in millions, except weighted-average data) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Weighted-average interest rate of loans with interest rate reductions – before TDR 4.65 % 4.99 % 4.55 % 5.10 % Weighted-average interest rate of loans with interest rate reductions – after TDR 2.89 3.34 2.91 3.40 Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR 23 23 23 22 Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR 37 39 37 39 Charge-offs recognized upon permanent modification $ — $ 1 $ — $ 2 Principal deferred 5 3 23 12 Principal forgiven — 1 1 4 Balance of loans that redefaulted within one year of permanent modification (a) $ 52 $ 65 $ 97 $ 173 (a) Represents loans permanently modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The dollar amounts presented represent the balance of such loans at the end of the reporting period in which such loans defaulted. For residential real estate loans modified in TDRs, payment default is deemed to occur when the loan becomes two contractual payments past due. In the event that a modified loan redefaults, it will generally be liquidated through foreclosure or another similar type of liquidation transaction. Redefaults of loans modified within the last twelve months may not be representative of ultimate redefault levels. The following table provides information about the financial effects of the concessions granted on credit card loans modified in TDRs and redefaults for the periods presented. For all periods disclosed, new enrollments were less than 1% of total retained credit card loans. (in millions, except Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Balance of new TDRs (a) $ 82 $ 220 $ 315 $ 648 Weighted-average interest rate of loans – before TDR 17.75 % 17.65 % 17.79 % 18.21 % Weighted-average interest rate of loans – after TDR 5.15 4.80 5.19 4.55 Balance of loans that redefaulted within one year of modification (b) $ 13 $ 22 $ 45 $ 83 (a) Represents the outstanding balance prior to modification. (b) Represents loans modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The amounts presented represent the balance of such loans as of the end of the quarter in which they defaulted.
Schedule of nonaccrual loans	The following table provides information on retained wholesale nonaccrual loans. Secured by real estate Commercial Other Total Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Sep 30, Dec 31, Nonaccrual loans (a) With an allowance $ 309 $ 351 $ 722 $ 1,667 $ 520 $ 800 $ 1,551 $ 2,818 Without an allowance ( b) 66 132 272 264 195 104 533 500 Total nonaccrual loans (c) $ 375 $ 483 $ 994 $ 1,931 $ 715 $ 904 $ 2,084 $ 3,318 (a) Loans that were modified in response to the COVID-19 pandemic continue to be risk-rated in accordance with the Firm’s overall credit risk management framework. As of September 30, 2021, substantially all of these loans were considered performing. (b) When the discounted cash flows or collateral value equals or exceeds the amortized cost of the loan, the loan does not require an allowance. This typically occurs when the loans have been partially charged off and/or there have been interest payments received and applied to the loan balance. (c) Interest income on nonaccrual loans recognized on a cash basis was not material for the three and nine months ended September 30, 2021 and 2020.

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2021
Credit Loss [Abstract]
Allowance for credit losses on financing receivables	The table below summarizes information about the allowances for loan losses and lending-related commitments, and includes a breakdown of loans and lending-related commitments by impairment methodology. Refer to Note 10 of JPMorgan Chase’s 2020 Form 10-K for further information on the allowance for credit losses on investment securities. 2021 2020 Nine months ended September 30, Consumer, excluding Credit card Wholesale Total Consumer, excluding credit card Credit card Wholesale Total Allowance for loan losses Beginning balance at January 1, $ 3,636 $ 17,800 $ 6,892 $ 28,328 $ 2,538 $ 5,683 $ 4,902 $ 13,123 Cumulative effect of a change in accounting principle NA NA NA NA 297 5,517 (1,642) 4,172 Gross charge-offs 452 2,957 187 3,596 620 4,104 641 5,365 Gross recoveries collected (470) (724) (87) (1,281) (483) (585) (88) (1,156) Net charge-offs/(recoveries) (18) 2,233 100 2,315 137 3,519 553 4,209 Provision for loan losses (1,778) (3,917) (2,162) (7,857) 1,803 10,119 5,802 17,724 Other (2) — (4) (6) 1 — 3 4 Ending balance at September 30, $ 1,874 $ 11,650 $ 4,626 $ 18,150 $ 4,502 $ 17,800 $ 8,512 $ 30,814 Allowance for lending-related commitments Beginning balance at January 1, $ 187 $ — $ 2,222 $ 2,409 $ 12 $ — $ 1,179 $ 1,191 Cumulative effect of a change in accounting principle NA NA NA NA 133 — (35) 98 Provision for lending-related commitments (45) — (61) (106) 71 — 1,464 1,535 Other — — 2 2 — — (1) (1) Ending balance at September 30, $ 142 $ — $ 2,163 $ 2,305 $ 216 $ — $ 2,607 $ 2,823 Total allowance for credit losses (a) $ 2,016 $ 11,650 $ 6,789 $ 20,455 $ 4,718 $ 17,800 $ 11,119 $ 33,637 Allowance for loan losses by impairment methodology Asset-specific (b) $ (571) $ 383 $ 357 $ 169 $ 228 $ 652 $ 792 $ 1,672 Portfolio-based 2,445 11,267 4,269 17,981 4,274 17,148 7,720 29,142 Total allowance for loan losses $ 1,874 $ 11,650 $ 4,626 $ 18,150 $ 4,502 $ 17,800 $ 8,512 $ 30,814 Loans by impairment methodology Asset-specific (b) $ 14,464 $ 1,083 $ 2,330 $ 17,877 $ 16,888 $ 1,432 $ 3,856 $ 22,176 Portfolio-based 283,844 142,083 530,456 956,383 288,218 138,158 496,985 923,361 Total retained loans $ 298,308 $ 143,166 $ 532,786 $ 974,260 $ 305,106 $ 139,590 $ 500,841 $ 945,537 Collateral-dependent loans Net charge-offs $ 26 $ — $ 9 $ 35 $ 109 $ — $ 22 $ 131 Loans measured at fair value of collateral less cost to sell 4,460 — 364 4,824 4,517 — 130 4,647 Allowance for lending-related commitments by impairment methodology Asset-specific $ — $ — $ 129 $ 129 $ — $ — $ 109 $ 109 Portfolio-based 142 — 2,034 2,176 216 — 2,498 2,714 Total allowance for lending-related commitments (c) $ 142 $ — $ 2,163 $ 2,305 $ 216 $ — $ 2,607 $ 2,823 Lending-related commitments by impairment methodology Asset-specific $ — $ — $ 641 $ 641 $ — $ — $ 607 $ 607 Portfolio-based (d) 36,819 — 457,548 494,367 35,587 — 416,267 (d) 451,854 Total lending-related commitments $ 36,819 $ — $ 458,189 $ 495,008 $ 35,587 $ — $ 416,874 $ 452,461 (a) Excludes the allowance for credit losses on investment securities of $73 million and $120 million as of September 30, 2021 and 2020, respectively. (b) Includes collateral dependent loans, including those considered TDRs and those for which foreclosure is deemed probable, modified PCD loans and non-collateral dependent loans that have been modified or are reasonably expected to be modified in a TDR. Also includes risk-rated loans that have been placed on nonaccrual status for the wholesale portfolio segment. The asset-specific credit card allowance for loans modified, or reasonably expected to be modified, in a TDR is calculated based on the loans’ original contractual interest rates and does not consider any incremental penalty rates. (c) The allowance for lending-related commitments is reported in accounts payable and other liabilities on the Consolidated balance sheets.
U.S. unemployment rates and cumulative change in U.S. real GDP	The Firm’s central case assumptions reflected U.S. unemployment rates and U.S. real GDP as follows : Assumptions at September 30, 2021 4Q21 2Q22 4Q22 U.S. unemployment rate (a) 5.1 % 4.4 % 4.1 % Cumulative change in U.S. real GDP from 12/31/2019 3.3 % 5.0 % 6.2 % Assumptions at December 31, 2020 2Q21 4Q21 2Q22 U.S. unemployment rate (a) 6.8 % 5.7 % 5.1 % Cumulative change in U.S. real GDP from 12/31/2019 (1.9) % 0.6 % 2.0 % (a) Reflects quarterly average of forecasted U.S. unemployment rate.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2021
Variable Interest Entities [Abstract]
Schedule of significant types of variable interest entities by business segment	The following table summarizes the most significant types of Firm-sponsored VIEs by business segment. The Firm considers a “Firm-sponsored” VIE to include any entity where: (1) JPMorgan Chase is the primary beneficiary of the structure; (2) the VIE is used by JPMorgan Chase to securitize Firm assets; (3) the VIE issues financial instruments with the JPMorgan Chase name; or (4) the entity is a JPMorgan Chase–administered asset-backed commercial paper conduit. Line of Business Transaction Type Activity Form 10-Q page references CCB Credit card securitization trusts Securitization of originated credit card receivables 155 Mortgage securitization trusts Servicing and securitization of both originated and purchased residential mortgages 155-157 CIB Mortgage and other securitization trusts Securitization of both originated and purchased residential and commercial mortgages, and other consumer loans 155-157 Multi-seller conduits Assist clients in accessing the financial markets in a cost-efficient manner and structures transactions to meet investor needs 157 Municipal bond vehicles Financing of municipal bond investments 157
Firm-sponsored mortgage and other consumer securitization trusts	The following tables present the total unpaid principal amount of assets held in Firm-sponsored private-label securitization entities, including those in which the Firm has continuing involvement, and those that are consolidated by the Firm. Continuing involvement includes servicing the loans, holding senior interests or subordinated interests (including amounts required to be held pursuant to credit risk retention rules), recourse or guarantee arrangements, and derivative contracts. In certain instances, the Firm’s only continuing involvement is servicing the loans. The Firm’s maximum loss exposure from retained and purchased interests is the carrying value of these interests. Principal amount outstanding JPMorgan Chase interest in securitized assets in nonconsolidated VIEs (c)(d)(e) September 30, 2021 (in millions) Total assets held by securitization VIEs Assets Assets held in nonconsolidated securitization VIEs with continuing involvement Trading assets Investment securities Other financial assets Total interests held by JPMorgan Securitization-related (a) Residential mortgage: Prime/Alt-A and option ARMs $ 52,280 $ 1,057 $ 43,700 $ 561 $ 572 $ 100 $ 1,233 Subprime 11,430 29 10,537 3 — — 3 Commercial and other (b) 135,904 — 110,012 861 2,443 324 3,628 Total $ 199,614 $ 1,086 $ 164,249 $ 1,425 $ 3,015 $ 424 $ 4,864 Principal amount outstanding JPMorgan Chase interest in securitized assets in nonconsolidated VIEs (c)(d)(e) December 31, 2020 (in millions) Total assets held by securitization VIEs Assets Assets held in nonconsolidated securitization VIEs with continuing involvement Trading assets Investment securities Other financial assets Total interests held by Securitization-related (a) Residential mortgage: Prime/Alt-A and option ARMs $ 49,644 $ 1,693 $ 41,265 $ 574 $ 724 $ — $ 1,298 Subprime 12,896 46 12,154 9 — — 9 Commercial and other (b) 119,732 — 92,351 955 1,549 262 2,766 Total $ 182,272 $ 1,739 $ 145,770 $ 1,538 $ 2,273 $ 262 $ 4,073 (a) Excludes U.S. GSEs and government agency securitizations and re-securitizations, which are not Firm-sponsored. (b) Consists of securities backed by commercial real estate loans and non-mortgage-related consumer receivables purchased from third parties. (c) Excludes the following: retained servicing; securities retained from loan sales and securitization activity related to U.S. GSEs and government agencies; interest rate and foreign exchange derivatives primarily used to manage interest rate and foreign exchange risks of securitization entities; senior and subordinated securities of $167 million and $72 million, respectively, at September 30, 2021, and $105 million and $40 million, respectively, at December 31, 2020, which the Firm purchased in connection with CIB’s secondary market-making activities. (d) Includes interests held in re-securitization transactions. (e) As of both September 30, 2021 and December 31, 2020, 73% of the Firm’s retained securitization interests, which are predominantly carried at fair value and include amounts required to be held pursuant to credit risk retention rules, were risk-rated “A” or better, on an S&P-equivalent basis. The retained interests in prime residential mortgages consisted of $1.1 billion and $1.3 billion of investment-grade retained interests, and $131 million and $41 million of noninvestment-grade retained interests at September 30, 2021, and December 31, 2020, respectively. The retained interests in commercial and other securitization trusts consisted of $2.8 billion and $2.0 billion of investment-grade retained interests, and $854 million and $753 million of noninvestment-grade retained interests at September 30, 2021 and December 31, 2020, respectively.
Schedule of re-securitizations	The following table presents the principal amount of securities transferred to re-securitization VIEs. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Transfers of securities to VIEs U.S. GSEs and government agencies $ 11,258 $ 12,488 $ 43,157 $ 27,710 The following table presents information on the Firm's interests in nonconsolidated re-securitization VIEs. Nonconsolidated (in millions) September 30, 2021 December 31, 2020 U.S. GSEs and government agencies Interest in VIEs $ 2,074 $ 2,631
Information on assets and liabilities related to VIEs that are consolidated by the Firm	The following table presents information on assets and liabilities related to VIEs consolidated by the Firm as of September 30, 2021, and December 31, 2020. Assets Liabilities September 30, 2021 (in millions) Trading assets Loans Other (c) Total assets (d) Beneficial interests in VIE assets (e) Other (f) Total VIE program type Firm-sponsored credit card trusts $ — $ 10,606 $ 97 $ 10,703 $ 2,396 $ 1 $ 2,397 Firm-administered multi-seller conduits 2 21,077 76 21,155 8,612 37 8,649 Municipal bond vehicles 2,009 — 4 2,013 1,976 — 1,976 Mortgage securitization entities (a) — 1,091 47 1,138 216 90 306 Other — 2,578 (b) 292 2,870 57 106 163 Total $ 2,011 $ 35,352 $ 516 $ 37,879 $ 13,257 $ 234 $ 13,491 Assets Liabilities December 31, 2020 (in millions) Trading assets Loans Other (c) Total assets (d) Beneficial interests in VIE assets (e) Other (f) Total VIE program type Firm-sponsored credit card trusts $ — $ 11,962 $ 148 $ 12,110 $ 4,943 $ 3 $ 4,946 Firm-administered multi-seller conduits 2 23,787 188 23,977 10,523 33 10,556 Municipal bond vehicles 1,930 — 2 1,932 1,902 — 1,902 Mortgage securitization entities (a) — 1,694 94 1,788 210 108 318 Other 2 176 249 427 — 89 89 Total $ 1,934 $ 37,619 $ 681 $ 40,234 $ 17,578 $ 233 $ 17,811 (a) Includes residential and commercial mortgage securitizations. (b) Predominantly includes purchased supply chain finance receivables and purchased auto loan securitizations in CIB. (c) Includes assets classified as cash and other assets on the Consolidated balance sheets. (d) The assets of the consolidated VIEs included in the program types above are used to settle the liabilities of those entities. The assets and liabilities include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. (e) The interest-bearing beneficial interest liabilities issued by consolidated VIEs are classified in the line item on the Consolidated balance sheets titled, “Beneficial interests issued by consolidated VIEs”. The holders of these beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. Included in beneficial interests in VIE assets are long-term beneficial interests of $2.7 billion and $5.2 billion at September 30, 2021, and December 31, 2020, respectively. (f) Includes liabilities classified as accounts payable and other liabilities on the Consolidated balance sheets.
Securitization activities	The following table provides information related to the Firm’s securitization activities for the three and nine months ended September 30, 2021 and 2020, related to assets held in Firm-sponsored securitization entities that were not consolidated by the Firm, and where sale accounting was achieved at the time of the securitization. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (in millions) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Residential mortgage (d) Commercial and other (e) Principal securitized $ 8,245 $ 4,426 $ 2,852 $ 1,330 $ 16,437 $ 9,214 $ 6,450 $ 5,379 All cash flows during the period: (a) Proceeds received from loan sales as financial instruments (b)(c) $ 8,424 $ 4,456 $ 2,955 $ 1,392 $ 16,876 $ 9,335 $ 6,645 $ 5,577 Servicing fees collected 39 — 54 1 121 — 165 1 Cash flows received on interests 121 92 207 78 477 215 538 138 (a) Excludes re-securitization transactions. (b) Predominantly includes Level 2 assets. (c) The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale. (d) Represents prime mortgages. Excludes loan securitization activity related to U.S. GSEs and government agencies. (e) Includes commercial mortgage and other consumer loans.
Summary of loan sale activities	The following table summarizes the activities related to loans sold to the U.S. GSEs, and loans in securitization transactions pursuant to Ginnie Mae guidelines. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Carrying value of loans sold $ 29,033 $ 18,065 $ 76,639 $ 60,447 Proceeds received from loan sales as cash 70 5 110 27 Proceeds from loan sales as securities (a)(b) 28,549 17,858 75,331 59,795 Total proceeds received from loan sales (c) $ 28,619 $ 17,863 $ 75,441 $ 59,822 Gains/(losses) on loan sales (d)(e) $ — $ — $ 4 $ 6 (a) Includes securities from U.S. GSEs and Ginnie Mae that are generally sold shortly after receipt or retained as part of the Firm’s investment securities portfolio. (b) Included in level 2 assets. (c) Excludes the value of MSRs retained upon the sale of loans. (d) Gains/(losses) on loan sales include the value of MSRs. (e) The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale.
Schedule options to repurchase delinquent loans	The following table presents loans the Firm repurchased or had an option to repurchase, real estate owned, and foreclosed government-guaranteed residential mortgage loans recognized on the Firm’s Consolidated balance sheets as of September 30, 2021 and December 31, 2020. Substantially all of these loans and real estate are insured or guaranteed by U.S. government agencies. (in millions) Sep 30, Dec 31, Loans repurchased or option to repurchase (a) $ 1,103 $ 1,413 Real estate owned 5 9 Foreclosed government-guaranteed residential mortgage loans (b) 44 64 (a) Predominantly all of these amounts relate to loans that have been repurchased from Ginnie Mae loan pools. (b) Relates to voluntary repurchases of loans, which are included in accrued interest and accounts receivable.
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets	The table below includes information about components of and delinquencies related to nonconsolidated securitized financial assets held in Firm-sponsored private-label securitization entities, in which the Firm has continuing involvement as of September 30, 2021, and December 31, 2020. Net liquidation losses Securitized assets 90 days past due Three months ended September 30, Nine months ended September 30, (in millions) Sep 30, Dec 31, Sep 30, Dec 31, 2021 2020 2021 2020 Securitized loans Residential mortgage: Prime / Alt-A & option ARMs $ 43,700 $ 41,265 $ 3,160 $ 4,988 $ — $ 9 $ 14 $ 184 Subprime 10,537 12,154 1,808 2,406 — 24 18 159 Commercial and other 110,012 92,351 3,254 5,958 244 — 265 11 Total loans securitized $ 164,249 $ 145,770 $ 8,222 $ 13,352 $ 244 $ 33 $ 297 $ 354

Goodwill and Mortgage Servici_2

Goodwill and Mortgage Servicing Rights (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill attributed to the business segments and corporate	The following table presents goodwill attributed to the reportable business segments and Corporate. (in millions) September 30, December 31, Consumer & Community Banking $ 31,472 $ 31,311 Corporate & Investment Bank 7,906 7,913 Commercial Banking 2,986 2,985 Asset & Wealth Management 7,222 7,039 Corporate 727 — Total goodwill $ 50,313 $ 49,248 The following table presents changes in the carrying amount of goodwill. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Balance at beginning of period $ 49,256 $ 47,811 $ 49,248 $ 47,823 Changes during the period from: Business combinations (a) 1,065 — 1,065 — Other (b) (8) 8 — (4) Balance at September 30, $ 50,313 $ 47,819 $ 50,313 $ 47,819 (a) For the three and nine months ended September 30, 2021, represents estimated goodwill associated with the acquisitions of Nutmeg in Corporate, OpenInvest and Campbell Global in AWM and Frank in CCB. (b) Primarily foreign currency adjustments and adjustments to goodwill related to prior period acquisitions.
Mortgage servicing rights activity	The following table summarizes MSR activity for the three and nine months ended September 30, 2021 and 2020. As of or for the three months As of or for the nine months (in millions, except where otherwise noted) 2021 2020 2021 2020 Fair value at beginning of period $ 4,549 $ 3,080 $ 3,276 $ 4,699 MSR activity: Originations of MSRs 429 204 1,252 639 Purchase of MSRs 584 17 1,158 24 Disposition of MSRs (a) 1 (104) (23) (177) Net additions/(dispositions) 1,014 117 2,387 486 Changes due to collection/realization of expected cash flows (201) (215) (570) (710) Changes in valuation due to inputs and assumptions: Changes due to market interest rates and other (b) 133 (59) 469 (1,573) Changes in valuation due to other inputs and assumptions: Projected cash flows (e.g., cost to service) 119 (82) 96 (80) Discount rates — 199 — 199 Prepayment model changes and other (c) (263) (24) (307) (5) Total changes in valuation due to other inputs and assumptions (144) 93 (211) 114 Total changes in valuation due to inputs and assumptions (11) 34 258 (1,459) Fair value at September 30, $ 5,351 $ 3,016 $ 5,351 $ 3,016 Changes in unrealized gains/(losses) included in income related to MSRs held at September 30, $ (11) $ 34 $ 258 $ (1,459) Contractual service fees, late fees and other ancillary fees included in income 334 333 932 1,026 Third-party mortgage loans serviced at September 30, (in billions) 510 456 510 456 Servicer advances, net of an allowance for uncollectible amounts, at September 30, (in billions) (d) 1.7 1.7 1.7 1.7 (a) Includes excess MSRs transferred to agency-sponsored trusts in exchange for stripped mortgage backed securities (“SMBS”). In each transaction, a portion of the SMBS was acquired by third parties at the transaction date; the Firm acquired the remaining balance of those SMBS as trading securities. (b) Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. (c) Represents changes in prepayments other than those attributable to changes in market interest rates. (d) Represents amounts the Firm pays as the servicer (e.g., scheduled principal and interest, taxes and insurance), which will generally be reimbursed within a short period of time after the advance from future cash flows from the trust or the underlying loans. The Firm’s credit risk associated with these servicer advances is minimal because reimbursement of the advances is typically senior to all cash payments to investors. In addition, the Firm maintains the right to stop payment to investors if the collateral is insufficient to cover the advance. However, certain of these servicer advances may not be recoverable if they were not made in accordance with applicable rules and agreements.
Mortgage fees and related income	The following table presents the components of mortgage fees and related income (including the impact of MSR risk management activities) for the three and nine months ended September 30, 2021 and 2020. Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 CCB mortgage fees and related income Production revenue $ 614 $ 765 $ 1,888 $ 1,826 Net mortgage servicing revenue: Operating revenue: Loan servicing revenue 328 381 892 1,063 Changes in MSR asset fair value due to collection/realization of expected cash flows (201) (215) (570) (710) Total operating revenue 127 166 322 353 Risk management: Changes in MSR asset fair value due to market interest rates and other (a) 133 (59) 469 (1,573) Other changes in MSR asset fair value due to other inputs and assumptions in model (b) (144) 93 (211) 114 Changes in derivative fair value and other (134) 111 (621) 1,593 Total risk management (145) 145 (363) 134 Total net mortgage servicing revenue (18) 311 (41) 487 Total CCB mortgage fees and related income 596 1,076 1,847 2,313 All other 4 11 8 11 Mortgage fees and related income $ 600 $ 1,087 $ 1,855 $ 2,324 (a) Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. (b) Represents the aggregate impact of changes in model inputs and assumptions such as projected cash flows (e.g., cost to service), discount rates and changes in prepayments other than those attributable to changes in market interest rates (e.g., changes in prepayments due to changes in home prices).
Key economic assumptions used to determine FV of MSRs	The table below outlines the key economic assumptions used to determine the fair value of the Firm’s MSRs at September 30, 2021, and December 31, 2020, and outlines hypothetical sensitivities of those fair values to immediate adverse changes in those assumptions, as defined below. (in millions, except rates) Sep 30, Dec 31, Weighted-average prepayment speed assumption (constant prepayment rate) 10.12 % 14.90 % Impact on fair value of 10% adverse change $ (220) $ (206) Impact on fair value of 20% adverse change (423) (392) Weighted-average option adjusted spread (a) 6.56 % 7.19 % Impact on fair value of a 100 basis point adverse change $ (226) $ (134) Impact on fair value of a 200 basis point adverse change (433) (258) (a) Includes the impact of operational risk and regulatory capital.

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2021
Deposits [Abstract]
Noninterest-bearing and interest-bearing deposits	At September 30, 2021 and December 31, 2020, noninterest-bearing and interest-bearing deposits were as follows. (in millions) September 30, December 31, 2020 U.S. offices Noninterest-bearing (included $9,186 and $9,873 at fair value) (a) $ 656,438 $ 572,711 Interest-bearing (included $630 and $2,567 at fair value) (a) 1,344,092 1,197,032 Total deposits in U.S. offices 2,000,530 1,769,743 Non-U.S. offices Noninterest-bearing (included $1,788 and $1,486 at fair value) (a) 28,589 23,435 Interest-bearing (included $204 and $558 at fair value) (a) 373,234 351,079 Total deposits in non-U.S. offices 401,823 374,514 Total deposits $ 2,402,353 $ 2,144,257 (a) Includes structured notes classified as deposits for which the fair value option has been elected. Refer to Note 3 for further information.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Schedule of information related to operating leases	The following table provides information related to the Firm’s operating leases: (in millions) September 30, 2021 December 31, 2020 Right-of-use assets $ 7,837 $ 8,006 Lease liabilities 8,262 8,508
Schedule of operating lease income and related depreciation expense	The following table presents the Firm’s operating lease income, included within other income Three months ended September 30, Nine months ended September 30, (in millions) 2021 2020 2021 2020 Operating lease income $ 1,190 $ 1,425 $ 3,792 $ 4,236 Depreciation expense 785 1,035 2,595 3,261

Preferred Stock (Tables)

Preferred Stock (Tables)	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity Note [Abstract]
Schedule of stock by class	The following is a summary of JPMorgan Chase’s non-cumulative preferred stock outstanding as of September 30, 2021 and December 31, 2020, and the quarterly dividend declarations for the three and nine months ended September 30, 2021 and 2020. Shares Carrying value (in millions) Contractual rate in effect at September 30, 2021 Earliest redemption date Floating annualized rate (a) Dividend declared September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Issue date Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Fixed-rate: Series Y — — $ — $ — 2/12/2015 — % 3/1/2020 NA $— $— $— $153.13 Series AA — 142,500 — 1,425 6/4/2015 — 9/1/2020 NA — 152.50 305.00 457.50 Series BB — 115,000 — 1,150 7/29/2015 — 9/1/2020 NA — 153.75 307.50 461.25 Series DD 169,625 169,625 1,696 1,696 9/21/2018 5.750 12/1/2023 NA 143.75 143.75 431.25 431.25 Series EE 185,000 185,000 1,850 1,850 1/24/2019 6.000 3/1/2024 NA 150.00 150.00 450.00 450.00 Series GG 90,000 90,000 900 900 11/7/2019 4.750 12/1/2024 NA 118.75 118.75 356.25 387.92 (b) Series JJ 150,000 — 1,500 — 3/17/2021 4.550 6/1/2026 NA 113.75 NA 207.28 NA (c) Series LL 185,000 — 1,850 — 5/20/2021 4.625 6/1/2026 NA 129.76 NA 129.76 NA (d) Series MM 200,000 — 2,000 — 7/29/2021 4.200 9/1/2026 NA — NA — NA (e) Fixed-to-floating-rate: Series I 293,375 293,375 $ 2,934 $ 2,934 4/23/2008 LIBOR + 3.47% 4/30/2018 LIBOR + 3.47% $90.96 $95.53 $276.42 $334.90 Series Q 150,000 150,000 1,500 1,500 4/23/2013 5.150 5/1/2023 LIBOR + 3.25 128.75 128.75 386.25 386.25 Series R 150,000 150,000 1,500 1,500 7/29/2013 6.000 8/1/2023 LIBOR + 3.30 150.00 150.00 450.00 450.00 Series S 200,000 200,000 2,000 2,000 1/22/2014 6.750 2/1/2024 LIBOR + 3.78 168.75 168.75 506.25 506.25 Series U 100,000 100,000 1,000 1,000 3/10/2014 6.125 4/30/2024 LIBOR + 3.33 153.13 153.13 459.38 459.38 Series V 250,000 250,000 2,500 2,500 6/9/2014 LIBOR + 3.32% 7/1/2019 LIBOR + 3.32 88.55 92.41 263.54 343.30 Series X 160,000 160,000 1,600 1,600 9/23/2014 6.100 10/1/2024 LIBOR + 3.33 152.50 152.50 457.50 457.50 Series Z 200,000 200,000 2,000 2,000 4/21/2015 LIBOR + 3.80% 5/1/2020 LIBOR + 3.80 99.23 102.40 300.97 352.05 (f) Series CC 125,750 125,750 1,258 1,258 10/20/2017 4.625 11/1/2022 LIBOR + 2.58 115.63 115.63 346.88 346.88 Series FF 225,000 225,000 2,250 2,250 7/31/2019 5.000 8/1/2024 SOFR + 3.38 125.00 125.00 375.00 375.00 Series HH 300,000 300,000 3,000 3,000 1/23/2020 4.600 2/1/2025 SOFR + 3.125 115.00 115.00 345.00 355.22 (g) Series II 150,000 150,000 1,500 1,500 2/24/2020 4.000 4/1/2025 SOFR + 2.745 100.00 100.00 300.00 241.11 (h) Series KK 200,000 — 2,000 — 5/12/2021 3.650 6/1/2026 CMT + 2.85 110.51 NA 110.51 NA (i) Total preferred stock 3,483,750 3,006,250 $ 34,838 $ 30,063 (a) Floating annualized rate includes three-month LIBOR, three-month term SOFR or five-year Constant Maturity Treasury ("CMT") rate, as applicable, plus the spreads noted above. (b) Dividends in the amount of $150.42 per share were declared on January 8, 2020 and include dividends from the original issue date of November 7, 2019 through February 29, 2020. Dividends were declared quarterly thereafter at the contractual rate. (c) Dividends in the amount of $93.53 per share were declared on April 9, 2021 and include dividends from the original issue date of March 17, 2021 though May 31, 2021. Dividends were declared quarterly thereafter at the contractual rate. (d) Dividends in the amount of $129.76 per share were declared on July 8, 2021 from the original issue date of May 20, 2021 though August 31, 2021. (e) No dividends were declared for Series MM from the original issue date of July 29,2021 through September 30, 2021. (f) The dividend rate for Series Z preferred stock became floating and payable quarterly starting on May 1, 2020; prior to which the dividend rate was fixed at 5.3% or $265.00 per share payable semi annually. (g) Dividends in the amount of $125.22 per share were declared on March 13, 2020 and include dividends from the original issue date of January 23, 2020 through April 30, 2020. Dividends were declared quarterly thereafter at the contractual rate. (h) Dividends in the amount of $141.11 per share were declared on May 15, 2020 and include dividends from the original issue date of February 24, 2020 through June 30, 2020. Dividends were declared quarterly thereafter at the contractual rate. (i) Dividends in the amount of $110.51 per share were declared on July 8, 2021 from the original issue date of May 12, 2021 through August 31, 2021.

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of earnings per share basic and diluted	The following table presents the calculation of basic and diluted EPS for the three and nine months ended September 30, 2021 and 2020. (in millions, except per share amounts) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Basic earnings per share Net income $ 11,687 $ 9,443 $ 37,935 $ 16,995 Less: Preferred stock dividends 402 381 1,174 1,203 Net income applicable to common equity 11,285 9,062 36,761 15,792 Less: Dividends and undistributed earnings allocated to participating securities 56 47 185 80 Net income applicable to common stockholders $ 11,229 $ 9,015 $ 36,576 $ 15,712 Total weighted-average basic shares outstanding 2,999.9 3,077.8 3,036.4 3,083.3 Net income per share $ 3.74 $ 2.93 $ 12.05 $ 5.10 Diluted earnings per share Net income applicable to common stockholders $ 11,229 $ 9,015 $ 36,576 $ 15,712 Total weighted-average basic shares outstanding 2,999.9 3,077.8 3,036.4 3,083.3 Add: Dilutive impact of SARs and employee stock options, unvested PSUs and nondividend-earning RSUs 5.2 5.0 5.3 4.8 Total weighted-average diluted shares outstanding 3,005.1 3,082.8 3,041.7 3,088.1 Net income per share $ 3.74 $ 2.92 $ 12.02 $ 5.09

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income/(Loss) (Tables)	9 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated other comprehensive income/(loss)	AOCI includes the after-tax change in unrealized gains and losses on investment securities, foreign currency translation adjustments (including the impact of related derivatives), fair value changes of excluded components on fair value hedges, cash flow hedging activities, net loss and prior service costs/(credit) related to the Firm’s defined benefit pension and OPEB plans, and fair value option-elected liabilities arising from changes in the Firm’s own credit risk (DVA). As of or for the three months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at July 1, 2021 $ 4,515 $ (659) $ (163) $ 725 $ (1,055) $ (793) $ 2,570 Net change (434) (187) 9 (450) 6 (551) (1,607) Balance at September 30, 2021 $ 4,081 (a) $ (846) $ (154) $ 275 $ (1,049) $ (1,344) $ 963 As of or for the three months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit pension and DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at July 1, 2020 $ 7,920 $ (895) $ (27) $ 2,762 $ (1,318) $ 347 $ 8,789 Net change 514 127 (69) (70) (12) (339) 151 Balance at September 30, 2020 $ 8,434 (a) $ (768) $ (96) $ 2,692 $ (1,330) $ 8 $ 8,940 As of or for the nine months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at January 1, 2021 $ 8,180 $ (473) $ (112) $ 2,383 $ (1,132) $ (860) $ 7,986 Net change (4,099) (373) (42) (2,108) 83 (484) (7,023) Balance at September 30, 2021 $ 4,081 (a) $ (846) $ (154) $ 275 $ (1,049) $ (1,344) $ 963 As of or for the nine months ended Unrealized Translation adjustments, net of hedges Fair value hedges Cash flow hedges Defined benefit pension and DVA on fair value option elected liabilities Accumulated other comprehensive income/(loss) Balance at January 1, 2020 $ 4,057 $ (707) $ (131) $ 63 $ (1,344) $ (369) $ 1,569 Net change 4,377 (61) 35 2,629 14 377 7,371 Balance at September 30, 2020 $ 8,434 (a) $ (768) $ (96) $ 2,692 $ (1,330) $ 8 $ 8,940
Changes of the components of accumulated other comprehensive income (loss)	The following table presents the pre-tax and after-tax changes in the components of OCI. 2021 2020 Three months ended September 30, Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Unrealized gains/(losses) on investment securities: Net unrealized gains/(losses) arising during the period $ (826) $ 197 $ (629) $ 1,143 $ (270) $ 873 Reclassification adjustment for realized (gains)/losses included in net income (a) 256 (61) 195 (473) 114 (359) Net change (570) 136 (434) 670 (156) 514 Translation adjustments (b) : Translation (1,030) 63 (967) 871 (86) 785 Hedges 1,028 (248) 780 (868) 210 (658) Net change (2) (185) (187) 3 124 127 Fair value hedges, net change (c) : 12 (3) 9 (91) 22 (69) Cash flow hedges: Net unrealized gains/(losses) arising during the period (267) 65 (202) 134 (32) 102 Reclassification adjustment for realized (gains)/losses included in net income (d) (326) 78 (248) (227) 55 (172) Net change (593) 143 (450) (93) 23 (70) Defined benefit pension and OPEB plans, net change: 8 (2) 6 (18) 6 (12) DVA on fair value option elected liabilities, net change: (729) 178 (551) (445) 106 (339) Total other comprehensive income/(loss) $ (1,874) $ 267 $ (1,607) $ 26 $ 125 $ 151 2021 2020 Nine months ended September 30, Pre-tax Tax effect After-tax Pre-tax Tax effect After-tax Unrealized gains/(losses) on investment securities: Net unrealized gains/(losses) arising during the period $ (5,792) $ 1,391 $ (4,401) $ 6,494 $ (1,561) $ 4,933 Reclassification adjustment for realized (gains)/losses included in net income (a) 397 (95) 302 (732) 176 (556) Net change (5,395) 1,296 (4,099) 5,762 (1,385) 4,377 Translation adjustments (b) : Translation (1,950) 92 (1,858) (316) 15 (301) Hedges 1,958 (473) 1,485 316 (76) 240 Net change 8 (381) (373) — (61) (61) Fair value hedges, net change (c) : (56) 14 (42) 45 (10) 35 Cash flow hedges: Net unrealized gains/(losses) arising during the period (1,844) 443 (1,401) 3,787 (909) 2,878 Reclassification adjustment for realized (gains)/losses included in net income (d) (930) 223 (707) (328) 79 (249) Net change (2,774) 666 (2,108) 3,459 (830) 2,629 Defined benefit pension and OPEB plans, net change: 101 (18) 83 23 (9) 14 DVA on fair value option elected liabilities, net change: (642) 158 (484) 496 (119) 377 Total other comprehensive income/(loss) $ (8,758) $ 1,735 $ (7,023) $ 9,785 $ (2,414) $ 7,371 (a) The pre-tax amount is reported in Investment securities gains/(losses) in the Consolidated statements of income. (b) Reclassifications of pre-tax realized gains/(losses) on translation adjustments and related hedges are reported in other income/expense in the Consolidated statements of income. The amounts were not material for the three and nine months ended September 30, 2021 and 2020. (c) Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. The initial cost of cross-currency basis spreads is recognized in earnings as part of the accrual of interest on the cross currency swaps. (d) The pre-tax amounts are primarily recorded in noninterest revenue, net interest income and compensation expense in the Consolidated statements of income.

Restricted Cash and Other Res_2

Restricted Cash and Other Restricted Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Components of restricted cash	The following table presents the components of the Firm’s restricted cash: (in billions) September 30, December 31, 2020 Segregated for the benefit of securities and cleared derivative customers 16.2 19.3 Cash reserves at non-U.S. central banks and held for other general purposes 5.1 5.1 Total restricted cash (a) $ 21.3 $ 24.4 (a) Comprises $20.0 billion and $22.7 billion in deposits with banks, and $1.3 billion and $1.7 billion in cash and due from banks on the Consolidated balance sheet as of September 30, 2021 and December 31, 2020, respectively.

Regulatory Capital (Tables)

Regulatory Capital (Tables)	9 Months Ended
	Sep. 30, 2021
Banking Regulation [Abstract]
Reconciliation of the Firm's regulatory capital, assets and risk-based capital ratios	The following table presents the minimum and well-capitalized risk-based ratios to which the Firm and its IDI subsidiaries were subject as of September 30, 2021 and December 31, 2020. Standardized Minimum capital ratios Advanced Minimum capital ratios Well-capitalized ratios BHC (a) IDI (b) BHC (a) IDI (b) BHC (c) IDI (d) Risk-based capital ratios CET1 capital 11.3 % 7.0 % 10.5 % 7.0 % NA 6.5 % Tier 1 capital 12.8 8.5 12.0 8.5 6.0 % 8.0 Total capital 14.8 10.5 14.0 10.5 10.0 10.0 Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its IDI subsidiaries are subject. (a) Represents the minimum capital ratios applicable to the Firm. The CET1, Tier 1 and Total capital minimum capital ratios each include a respective minimum requirement plus a GSIB surcharge of 3.5% as calculated under Method 2; plus a 3.3% SCB for Basel III Standardized ratios and a fixed 2.5% capital conservation buffer for Basel III Advanced ratios. The countercyclical buffer is currently set to 0% by the federal banking agencies. (b) Represents requirements for JPMorgan Chase’s IDI subsidiaries. The CET1, Tier 1 and Total capital minimum capital ratios include a fixed capital conservation buffer requirement of 2.5% that is applicable to the IDI subsidiaries. The IDI subsidiaries are not subject to the GSIB surcharge. (c) Represents requirements for bank holding companies pursuant to regulations issued by the Federal Reserve. (d) Represents requirements for IDI subsidiaries pursuant to regulations issued under the FDIC Improvement Act. The following table presents the minimum and well-capitalized leverage-based ratios to which the Firm and its IDI subsidiaries were subject as of September 30, 2021 and December 31, 2020. Minimum capital ratios (a) Well-capitalized ratios BHC IDI BHC (b) IDI Leverage-based capital ratios Tier 1 leverage 4.0 % 4.0 % NA 5.0 % SLR 5.0 6.0 NA 6.0 Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its IDI subsidiaries are subject. (a) Represents minimum SLR requirement of 3.0%, as well as supplementary leverage buffer requirements of 2.0% and 3.0% for BHC and IDI subsidiaries, respectively. (b) The Federal Reserve's regulations do not establish well-capitalized thresholds for these measures for BHCs. The following tables present risk-based capital metrics under both the Basel III Standardized and Basel III Advanced Approaches and leverage-based capital metrics for JPMorgan Chase and JPMorgan Chase Bank, N.A. As of September 30, 2021 and December 31, 2020, JPMorgan Chase and JPMorgan Chase Bank, N.A. were well-capitalized and met all capital requirements to which each was subject. September 30, 2021 Basel III Standardized Basel III Advanced JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) JPMorgan (a) JPMorgan (a) Risk-based capital metrics: CET1 capital $ 209,917 $ 259,990 $ 209,917 $ 259,990 Tier 1 capital 244,207 259,994 244,207 259,994 Total capital 274,994 276,303 264,469 265,403 Risk-weighted assets 1,628,406 1,562,370 1,544,512 1,396,725 CET1 capital ratio 12.9 % 16.6 % 13.6 % 18.6 % Tier 1 capital ratio 15.0 16.6 15.8 18.6 Total capital ratio 16.9 17.7 17.1 19.0 December 31, 2020 Basel III Standardized Basel III Advanced JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) JPMorgan Chase & Co. (a) JPMorgan Chase Bank, N.A. (a) Risk-based capital metrics: CET1 capital $ 205,078 $ 234,235 $ 205,078 $ 234,235 Tier 1 capital 234,844 234,237 234,844 234,237 Total capital 269,923 252,045 257,228 239,673 Risk-weighted assets 1,560,609 1,492,138 1,484,431 1,343,185 CET1 capital ratio 13.1 % 15.7 % 13.8 % 17.4 % Tier 1 capital ratio 15.0 15.7 15.8 17.4 Total capital ratio 17.3 16.9 17.3 17.8 (a) The capital metrics reflect the CECL capital transition provisions. Additionally, loans originated under the PPP receive a zero percent risk weight. (in millions, except ratios) September 30, 2021 December 31, 2020 JPMorgan Chase & Co. (b) JPMorgan Chase Bank, N.A. (b) JPMorgan (b)(c) JPMorgan (b)(c) Leverage-based capital metrics: Adjusted average assets (a) $ 3,675,803 $ 3,223,098 $ 3,353,319 $ 2,970,285 Tier 1 leverage ratio 6.6 % 8.1 % 7.0 % 7.9 % Total leverage exposure $ 4,463,904 $ 4,003,800 $ 3,401,542 $ 3,688,797 SLR 5.5 % 6.5 % 6.9 % 6.3 % (a) Adjusted average assets, for purposes of calculating the leverage ratio, includes total quarterly average assets adjusted for on-balance sheet assets that are subject to deduction from Tier 1 capital, predominantly goodwill and other intangible assets. (b) The capital metrics reflect the CECL capital transition provisions.

Off-balance Sheet Lending-rel_2

Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments (Tables)	9 Months Ended
	Sep. 30, 2021
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract]
Off-balance sheet lending related financial instruments, guarantees and other commitments	The following table summarizes the contractual amounts and carrying values of off-balance sheet lending-related financial instruments, guarantees and other commitments at September 30, 2021, and December 31, 2020. The amounts in the table below for credit card, home equity and certain scored business banking lending-related commitments represent the total available credit for these products. The Firm has not experienced, and does not anticipate, that all available lines of credit for these products will be utilized at the same time. The Firm can reduce or cancel credit card and certain scored business banking lines of credit by providing the borrower notice or, in some cases as permitted by law, without notice. In addition, the Firm typically closes credit card lines when the borrower is 60 days or more past due. The Firm may reduce or close HELOCs when there are significant decreases in the value of the underlying property, or when there has been a demonstrable decline in the creditworthiness of the borrower. Off–balance sheet lending-related financial instruments, guarantees and other commitments Contractual amount Carrying value (i) September 30, 2021 Dec 31, Sep 30, Dec 31, By remaining maturity Expires in 1 year or less Expires after Expires after Expires after 5 years Total Total Lending-related Consumer, excluding credit card: Residential real estate (a) $ 26,748 $ 2,030 $ 5,313 $ 10,451 $ 44,542 $ 46,047 $ 130 $ 148 Auto and other 11,255 — — 887 12,142 11,272 — — Total consumer, excluding credit card 38,003 2,030 5,313 11,338 56,684 57,319 130 148 Credit card (b) 710,610 — — — 710,610 658,506 — — Total consumer (b)(c) 748,613 2,030 5,313 11,338 767,294 715,825 130 148 Wholesale: Other unfunded commitments to extend credit (d) 114,200 184,046 143,335 25,311 466,892 415,828 2,087 2,148 Standby letters of credit and other financial guarantees (d) 13,549 8,709 4,114 1,571 27,943 30,982 614 443 Other letters of credit (d) 3,936 372 93 — 4,401 3,053 10 14 Total wholesale (c) 131,685 193,127 147,542 26,882 499,236 449,863 2,711 2,605 Total lending-related $ 880,298 $ 195,157 $ 152,855 $ 38,220 $ 1,266,530 $ 1,165,688 $ 2,841 $ 2,753 Other guarantees and commitments Securities lending indemnification agreements and guarantees (e) $ 306,562 $ — $ — $ — $ 306,562 $ 250,418 $ — $ — Derivatives qualifying as guarantees 2,828 420 11,693 39,870 54,811 54,415 390 322 Unsettled resale and securities borrowed agreements 150,495 6,839 — — 157,334 102,355 (h) 1 2 Unsettled repurchase and securities loaned agreements 136,019 583 — — 136,602 104,901 — (1) Loan sale and securitization-related indemnifications: Mortgage repurchase liability NA NA NA NA NA NA 61 84 Loans sold with recourse NA NA NA NA 807 889 20 23 Exchange & clearing house guarantees and commitments (f) 119,331 — — — 119,331 142,003 — — Other guarantees and commitments (g) 6,787 2,886 323 1,747 11,743 9,639 (h) 51 52 (a) Includes certain commitments to purchase loans from correspondents. (b) Also includes commercial card lending-related commitments primarily in CB and CIB. (c) Predominantly all consumer and wholesale lending-related commitments are in the U.S. (d) At September 30, 2021, and December 31, 2020, reflected the contractual amount net of risk participations totaling $48 million and $72 million, respectively, for other unfunded commitments to extend credit; $7.9 billion and $8.5 billion, respectively, for standby letters of credit and other financial guarantees; and $609 million and $357 million, respectively, for other letters of credit. In regulatory filings with the Federal Reserve these commitments are shown gross of risk participations. (e) At September 30, 2021, and December 31, 2020, collateral held by the Firm in support of securities lending indemnification agreements was $324.0 billion and $264.3 billion, respectively. Securities lending collateral primarily consists of cash, G7 government securities, and securities issued by U.S. GSEs and government agencies. (f) At September 30, 2021, and December 31, 2020, includes guarantees to the Fixed Income Clearing Corporation under the sponsored member repo program and commitments and guarantees associated with the Firm’s membership in certain clearing houses. (g) At September 30, 2021, and December 31, 2020, primarily includes unfunded commitments to purchase secondary market loans, unfunded commitments related to certain tax-oriented equity investments, and other equity investment commitments, (h) Prior-period amounts have been revised to conform with the current presentation.
Standby letters of credit, other financial guarantees and other letters of credit	The following table summarizes the contractual amount and carrying value of standby letters of credit and other financial guarantees and other letters of credit arrangements as of September 30, 2021, and December 31, 2020. Standby letters of credit, other financial guarantees and other letters of credit September 30, 2021 December 31, 2020 (in millions) Standby letters of Other letters Standby letters of Other letters Investment-grade (a) $ 19,823 $ 3,502 $ 22,850 $ 2,263 Noninvestment-grade (a) 8,120 899 8,132 790 Total contractual amount $ 27,943 $ 4,401 $ 30,982 $ 3,053 Allowance for lending-related commitments $ 78 $ 10 $ 80 $ 14 Guarantee liability 536 — 363 — Total carrying value $ 614 $ 10 $ 443 $ 14 Commitments with collateral $ 15,071 $ 929 $ 17,238 $ 498 (a) The ratings scale is based on the Firm’s internal risk ratings. Refer to Note 11 for further information on internal risk ratings.
Derivatives qualifying as guarantees	The following table summarizes the derivatives qualifying as guarantees as of September 30, 2021, and December 31, 2020. (in millions) September 30, 2021 December 31, 2020 Notional amounts Derivative guarantees $ 54,811 $ 54,415 Stable value contracts with contractually limited exposure 29,741 27,752 Maximum exposure of stable value contracts with contractually limited exposure 2,878 2,803 Fair value Derivative payables 390 322

Pledged Assets and Collateral (

Pledged Assets and Collateral (Tables)	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of pledged assets	The following table presents the Firm’s pledged assets. (in billions) September 30, 2021 December 31, 2020 Assets that may be sold or repledged or otherwise used by secured parties $ 122.4 $ 166.6 Assets that may not be sold or repledged or otherwise used by secured parties 115.3 113.9 Assets pledged at Federal Reserve banks and FHLBs 462.9 455.3 Total pledged assets $ 700.6 $ 735.8
Schedule of collateral received	The following table presents the fair value of collateral accepted. (in billions) September 30, 2021 December 31, 2020 Collateral permitted to be sold or repledged, delivered, or otherwise used $ 1,417.7 $ 1,451.7 Collateral sold, repledged, delivered or otherwise used 1,085.7 1,038.9

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Segment results and reconciliation	The following table provides a summary of the Firm’s segment results as of or for the three and nine months ended September 30, 2021 and 2020, on a managed basis. The Firm’s definition of managed basis starts with the reported U.S. GAAP results and includes certain reclassifications to present total net revenue for the Firm (and each of the reportable business segments) on an FTE basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. Refer to Note 32 of JPMorgan Chase’s 2020 Form 10-K for additional information on the Firm’s managed basis. Capital allocation The amount of capital assigned to each segment is referred to as equity. Periodically, the assumptions and methodologies used to allocate capital are reassessed and as a result, the capital allocated to the LOBs may change. Refer to Line of business equity on page 98 of JPMorgan Chase’s 2020 Form 10-K for additional information on capital allocation. Segment results and reconciliation (a) As of or for the three months Consumer & Corporate & Commercial Banking Asset & Wealth Management 2021 2020 2021 2020 2021 2020 2021 2020 Noninterest revenue $ 4,138 $ 4,863 $ 9,061 $ 8,118 $ 988 $ 761 $ 3,312 $ 2,739 Net interest income 8,383 8,032 3,335 3,428 1,532 1,524 988 815 Total net revenue 12,521 12,895 12,396 11,546 2,520 2,285 4,300 3,554 Provision for credit losses (459) 795 (638) (81) (363) (147) (60) (52) Noninterest expense 7,238 6,912 5,871 5,832 1,032 969 2,762 2,443 Income/(loss) before income tax expense/(benefit) 5,742 5,188 7,163 5,795 1,851 1,463 1,598 1,163 Income tax expense/(benefit) 1,401 1,317 1,601 1,486 444 377 404 287 Net income/(loss) $ 4,341 $ 3,871 $ 5,562 $ 4,309 $ 1,407 $ 1,086 $ 1,194 $ 876 Average equity $ 50,000 $ 52,000 $ 83,000 $ 80,000 $ 24,000 $ 22,000 $ 14,000 $ 10,500 Total assets 493,169 487,063 1,355,752 1,088,282 (b) 227,670 228,583 221,702 187,858 ROE 34 % 29 % 26 % 21 % 22 % 19 % 33 % 32 % Overhead ratio 58 54 47 51 41 42 64 69 As of or for the three months ended September 30, Corporate Reconciling Items (a) Total 2021 2020 2021 2020 2021 2020 Noninterest revenue $ (242) $ 343 $ (690) $ (582) (b) $ 16,567 $ 16,242 (b) Net interest income (1,054) (682) (104) (104) 13,080 13,013 Total net revenue (1,296) (339) (794) (686) 29,647 29,255 Provision for credit losses (7) 96 — — (1,527) 611 Noninterest expense 160 719 — — 17,063 16,875 Income/(loss) before income tax expense/(benefit) (1,449) (1,154) (794) (686) 14,111 11,769 Income tax expense/(benefit) (632) (455) (794) (686) (b) 2,424 2,326 (b) Net income/(loss) $ (817) $ (699) $ — $ — $ 11,687 $ 9,443 Average equity $ 82,556 $ 72,297 $ — $ — $ 253,556 $ 236,797 Total assets 1,459,283 1,253,275 NA NA 3,757,576 3,245,061 (b) ROE NM NM NM NM 18 % 15 % Overhead ratio NM NM NM NM 58 58 (b) (a) Segment managed results reflect revenue on an FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. (b) Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information. Segment results and reconciliation (a) As of or for the nine months ended September 30, Consumer & Corporate & Commercial Banking Asset & Wealth Management 2021 2020 2021 2020 2021 2020 2021 2020 Noninterest revenue $ 13,452 $ 13,182 $ 30,061 $ 27,318 $ 2,855 $ 2,192 $ 9,623 $ 7,843 Net interest income 24,346 25,358 10,154 10,614 4,541 4,658 2,861 2,530 Total net revenue 37,798 38,540 40,215 37,932 7,396 6,850 12,484 10,373 Provision for credit losses (5,929) 12,395 (1,048) 3,307 (858) 3,294 (191) 265 Noninterest expense 21,502 20,948 19,498 18,599 2,982 2,848 7,922 7,201 Income/(loss) before income tax expense/(benefit) 22,225 5,197 21,765 16,026 5,272 708 4,753 2,907 Income tax expense/(benefit) 5,522 1,305 5,478 4,281 1,277 164 1,162 701 Net income/(loss) $ 16,703 $ 3,892 $ 16,287 $ 11,745 $ 3,995 $ 544 $ 3,591 $ 2,206 Average equity $ 50,000 $ 52,000 $ 83,000 $ 80,000 $ 24,000 $ 22,000 $ 14,000 $ 10,500 Total assets 493,169 487,063 1,355,752 1,088,282 (b) 227,670 228,583 221,702 187,858 ROE 44 % 9 % 25 % 19 % 21 % 2 % 33 % 27 % Overhead ratio 57 54 48 49 40 42 63 69 As of or for the nine months ended September 30, Corporate Reconciling Items (a) Total 2021 2020 2021 2020 2021 2020 Noninterest revenue $ (68) $ 607 $ (2,241) $ (1,831) (b) $ 53,682 $ 49,311 (b) Net interest income (2,870) (1,534) (322) (321) 38,710 41,305 Total net revenue (2,938) (927) (2,563) (2,152) 92,392 90,616 Provision for credit losses 58 108 — — (7,968) 19,369 Noninterest expense 1,551 1,012 — — 53,455 50,608 Income/(loss) before income tax expense/(benefit) (4,547) (2,047) (2,563) (2,152) 46,905 20,639 Income tax expense/(benefit) (1,906) (655) (2,563) (2,152) (b) 8,970 3,644 (b) Net income/(loss) $ (2,641) $ (1,392) $ — $ — $ 37,935 $ 16,995 Average equity $ 79,011 $ 70,751 $ — $ — $ 250,011 $ 235,251 Total assets 1,459,283 1,253,275 NA NA 3,757,576 3,245,061 (b) ROE NM NM NM NM 20 % 9 % Overhead ratio NM NM NM NM 58 56 (b) (a) Segment managed results reflect revenue on an FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. (b) Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Effective tax rate	17.20%	19.80%	19.10%	17.70%
Income tax benefit related to finalizing the Firm’s 2020 U.S. federal tax return	$ 566		$ 566
Reduction in effective tax rate related to finalizing the Firm’s 2020 U.S. federal tax return	4.00%		1.20%

Fair Value Measurement - Recurr

Fair Value Measurement - Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	$ 569,566		$ 703,368
Derivative netting adjustments	(501,658)		(627,924)
Net derivative receivables	67,908		75,444
Trading assets	515,901		503,126
Available-for-sale securities	251,590		388,178
Loans	60,628		44,474
Mortgage servicing rights	5,351	$ 4,549	3,276	$ 3,016	$ 3,080	$ 4,699
Gross derivative payables	547,466		688,887
Derivative netting adjustments	(493,981)		(618,264)
Net derivative payables	53,485		70,623
Interest rate
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	285,109		391,648
Derivative netting adjustments	(260,343)		(355,923)
Net derivative receivables	24,766		35,725
Gross derivative payables	252,292		353,987
Derivative netting adjustments	(243,460)		(340,975)
Net derivative payables	8,832		13,012
Credit
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	10,524		13,345
Derivative netting adjustments	(9,349)		(12,665)
Net derivative receivables	1,175		680
Gross derivative payables	11,799		14,832
Derivative netting adjustments	(10,406)		(12,837)
Net derivative payables	1,393		1,995
Foreign exchange
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	163,196		206,260
Derivative netting adjustments	(148,671)		(190,479)
Net derivative receivables	14,525		15,781
Gross derivative payables	162,095		215,926
Derivative netting adjustments	(148,090)		(194,493)
Net derivative payables	14,005		21,433
Equity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	74,422		70,612
Derivative netting adjustments	(63,930)		(54,125)
Net derivative receivables	10,492		16,487
Gross derivative payables	86,837		81,413
Derivative netting adjustments	(69,063)		(55,515)
Net derivative payables	17,774		25,898
Commodity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	36,315		21,503
Derivative netting adjustments	(19,365)		(14,732)
Net derivative receivables	16,950		6,771
Gross derivative payables	34,443		22,729
Derivative netting adjustments	(22,962)		(14,444)
Net derivative payables	11,481		8,285
Total mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	82,554		126,390
Mortgage-backed securities, Commercial - nonagency
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	3,132		2,856
U.S. Treasury, GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	121,471		201,951
Obligations of U.S. states and municipalities
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	17,515		20,396
Non-U.S. government debt securities
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	15,825		22,928
Corporate debt securities
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	260		216
Asset-backed securities
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	13,965
Asset-backed securities, Collateralized loan obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	9,137		10,048
U.S. GSE obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	44,100		65,800
Fair Value Measured at Net Asset Value Per Share
Assets and liabilities measured at fair value on a recurring basis
Trading assets	56		52
Fair value assets and liabilities measured on recurring basis - supplemental data
Alternative investments, net asset value, fair value	813		670
Other assets	757		618
Recurring
Assets and liabilities measured at fair value on a recurring basis
Federal funds sold and securities purchased under resale agreements	273,158		238,015
Securities borrowed	72,833		52,983
Trading assets, debt and equity instruments	447,937		427,630
Derivative netting adjustments	(501,658)		(627,924)
Net derivative receivables	67,908		75,444
Trading assets	515,845		503,074
Available-for-sale securities	251,590		388,178
Loans	60,628		44,474
Mortgage servicing rights	5,351		3,276
Total assets measured at fair value on a recurring basis	1,193,119		1,243,209
Deposits	11,808		14,484
Federal funds purchased and securities loaned or sold under repurchase agreements	187,439		155,735
Short-term borrowings	20,033		16,893
Trading liabilities, Debt and equity instruments	126,058		99,558
Derivative netting adjustments	(493,981)		(618,264)
Net derivative payables	53,485		70,623
Trading liabilities	179,543		170,181
Accounts payable and other liabilities	5,340		3,476
Beneficial interests issued by consolidated VIEs	99		41
Long-term debt	76,499		76,817
Total liabilities measured at fair value on a recurring basis	480,761		437,627
Recurring | Interest rate
Assets and liabilities measured at fair value on a recurring basis
Derivative netting adjustments	(260,343)		(355,923)
Net derivative receivables	24,766		35,725
Derivative netting adjustments	(243,460)		(340,975)
Net derivative payables	8,832		13,012
Recurring | Credit
Assets and liabilities measured at fair value on a recurring basis
Derivative netting adjustments	(9,349)		(12,665)
Net derivative receivables	1,175		680
Derivative netting adjustments	(10,406)		(12,837)
Net derivative payables	1,393		1,995
Recurring | Foreign exchange
Assets and liabilities measured at fair value on a recurring basis
Derivative netting adjustments	(148,671)		(190,479)
Net derivative receivables	14,525		15,781
Derivative netting adjustments	(148,090)		(194,493)
Net derivative payables	14,005		21,433
Recurring | Equity
Assets and liabilities measured at fair value on a recurring basis
Derivative netting adjustments	(63,930)		(54,125)
Net derivative receivables	10,492		16,487
Derivative netting adjustments	(69,063)		(55,515)
Net derivative payables	17,774		25,898
Recurring | Commodity
Assets and liabilities measured at fair value on a recurring basis
Derivative netting adjustments	(19,365)		(14,732)
Net derivative receivables	16,950		6,771
Derivative netting adjustments	(22,962)		(14,444)
Net derivative payables	11,481		8,285
Recurring | Other assets
Assets and liabilities measured at fair value on a recurring basis
Other assets	13,714		13,209
Fair value assets and liabilities measured on recurring basis - supplemental data
Other assets	14,471		13,827
Recurring | Total debt instruments
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	277,960		294,496
Recurring | Total mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	40,031		72,340
Available-for-sale securities	82,554		126,390
Recurring | Mortgage-backed securities, U.S. GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	36,045		68,844
Available-for-sale securities	73,049		113,301
Recurring | Mortgage-backed securities, Residential - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,305		2,166
Available-for-sale securities	6,373		10,233
Recurring | Mortgage-backed securities, Commercial - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	1,681		1,330
Available-for-sale securities	3,132		2,856
Recurring | U.S. Treasury, GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	96,905		115,259
Available-for-sale securities	121,471		201,951
Recurring | Obligations of U.S. states and municipalities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	6,742		7,192
Available-for-sale securities	17,515		20,396
Recurring | Certificates of deposit, bankers’ acceptances and commercial paper
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,567		1,230
Recurring | Non-U.S. government debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	89,935		67,625
Available-for-sale securities	15,825		22,928
Recurring | Corporate debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	31,842		21,524
Available-for-sale securities	260		216
Recurring | Loans
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	7,341		6,994
Recurring | Asset-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,597		2,332
Recurring | Asset-backed securities, Collateralized loan obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	9,137		10,048
Recurring | Asset-backed securities, Other
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	4,828		6,249
Recurring | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	126,641		100,163
Recurring | Physical commodities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	19,358		11,571
Recurring | Other
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	23,978		21,400
Recurring | U.S. GSE obligations
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	68,600		117,600
Recurring | Residential mortgage
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	27,200		15,100
Recurring | Commercial mortgage
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	8,100		6,300
Recurring | Residential conforming mortgage intended for sale to U.S. GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	13,100		8,400
Recurring | Level 1
Assets and liabilities measured at fair value on a recurring basis
Federal funds sold and securities purchased under resale agreements	0		0
Securities borrowed	0		0
Trading assets, debt and equity instruments	259,929		234,452
Gross derivative receivables	2,166		2,464
Trading assets	262,095		236,916
Available-for-sale securities	126,928		215,093
Loans	0		0
Mortgage servicing rights	0		0
Total assets measured at fair value on a recurring basis	398,355		460,119
Deposits	0		0
Federal funds purchased and securities loaned or sold under repurchase agreements	0		0
Short-term borrowings	0		0
Trading liabilities, Debt and equity instruments	98,932		82,669
Gross derivative payables	1,909		2,628
Trading liabilities	100,841		85,297
Accounts payable and other liabilities	4,957		2,895
Beneficial interests issued by consolidated VIEs	0		0
Long-term debt	0		0
Total liabilities measured at fair value on a recurring basis	105,798		88,192
Recurring | Level 1 | Interest rate
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	1,931		2,318
Gross derivative payables	1,661		2,496
Recurring | Level 1 | Credit
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	0		0
Gross derivative payables	0		0
Recurring | Level 1 | Foreign exchange
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	235		146
Gross derivative payables	248		132
Recurring | Level 1 | Equity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	0		0
Gross derivative payables	0		0
Recurring | Level 1 | Commodity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	0		0
Gross derivative payables	0		0
Recurring | Level 1 | Other assets
Assets and liabilities measured at fair value on a recurring basis
Other assets	9,332		8,110
Recurring | Level 1 | Total debt instruments
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	129,109		131,035
Recurring | Level 1 | Total mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		7
Recurring | Level 1 | Mortgage-backed securities, U.S. GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		7
Recurring | Level 1 | Mortgage-backed securities, Residential - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		0
Recurring | Level 1 | Mortgage-backed securities, Commercial - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		0
Recurring | Level 1 | U.S. Treasury, GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	87,623		104,263
Available-for-sale securities	121,471		201,951
Recurring | Level 1 | Obligations of U.S. states and municipalities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		0
Recurring | Level 1 | Certificates of deposit, bankers’ acceptances and commercial paper
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 1 | Non-U.S. government debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	41,486		26,772
Available-for-sale securities	5,457		13,135
Recurring | Level 1 | Corporate debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		0
Recurring | Level 1 | Loans
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 1 | Asset-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 1 | Asset-backed securities, Collateralized loan obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	0		0
Recurring | Level 1 | Asset-backed securities, Other
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	0		0
Recurring | Level 1 | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	124,349		97,035
Recurring | Level 1 | Physical commodities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	6,471		6,382
Recurring | Level 1 | Other
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 2
Assets and liabilities measured at fair value on a recurring basis
Federal funds sold and securities purchased under resale agreements	273,158		238,015
Securities borrowed	72,833		52,983
Trading assets, debt and equity instruments	185,483		190,555
Gross derivative receivables	560,656		693,236
Trading assets	746,139		883,791
Available-for-sale securities	124,567		173,085
Loans	58,557		42,169
Mortgage servicing rights	0		0
Total assets measured at fair value on a recurring basis	1,279,315		1,394,604
Deposits	9,431		11,571
Federal funds purchased and securities loaned or sold under repurchase agreements	187,439		155,735
Short-term borrowings	17,622		14,473
Trading liabilities, Debt and equity instruments	27,096		16,838
Gross derivative payables	533,428		673,598
Trading liabilities	560,524		690,436
Accounts payable and other liabilities	332		513
Beneficial interests issued by consolidated VIEs	99		41
Long-term debt	52,985		53,420
Total liabilities measured at fair value on a recurring basis	828,432		926,189
Recurring | Level 2 | Interest rate
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	281,315		387,023
Gross derivative payables	248,655		349,442
Recurring | Level 2 | Credit
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	10,032		12,721
Gross derivative payables	11,301		13,984
Recurring | Level 2 | Foreign exchange
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	162,182		205,127
Gross derivative payables	160,511		214,373
Recurring | Level 2 | Equity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	71,346		67,093
Gross derivative payables	79,924		74,032
Recurring | Level 2 | Commodity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	35,781		21,272
Gross derivative payables	33,037		21,767
Recurring | Level 2 | Other assets
Assets and liabilities measured at fair value on a recurring basis
Other assets	4,061		4,561
Recurring | Level 2 | Total debt instruments
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	147,018		161,363
Recurring | Level 2 | Total mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	39,689		71,860
Available-for-sale securities	82,554		126,383
Recurring | Level 2 | Mortgage-backed securities, U.S. GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	35,746		68,395
Available-for-sale securities	73,049		113,294
Recurring | Level 2 | Mortgage-backed securities, Residential - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,281		2,138
Available-for-sale securities	6,373		10,233
Recurring | Level 2 | Mortgage-backed securities, Commercial - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	1,662		1,327
Available-for-sale securities	3,132		2,856
Recurring | Level 2 | U.S. Treasury, GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	9,282		10,996
Available-for-sale securities	0		0
Recurring | Level 2 | Obligations of U.S. states and municipalities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	6,735		7,184
Available-for-sale securities	17,515		20,396
Recurring | Level 2 | Certificates of deposit, bankers’ acceptances and commercial paper
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,567		1,230
Recurring | Level 2 | Non-U.S. government debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	48,345		40,671
Available-for-sale securities	10,368		9,793
Recurring | Level 2 | Corporate debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	31,472		21,017
Available-for-sale securities	165		216
Recurring | Level 2 | Loans
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	6,359		6,101
Recurring | Level 2 | Asset-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	2,569		2,304
Recurring | Level 2 | Asset-backed securities, Collateralized loan obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	9,137		10,048
Recurring | Level 2 | Asset-backed securities, Other
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	4,828		6,249
Recurring | Level 2 | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	1,658		2,652
Recurring | Level 2 | Physical commodities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	12,887		5,189
Recurring | Level 2 | Other
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	23,920		21,351
Recurring | Level 3
Assets and liabilities measured at fair value on a recurring basis
Federal funds sold and securities purchased under resale agreements	0		0
Securities borrowed	0		0
Trading assets, debt and equity instruments	2,525		2,623
Gross derivative receivables	6,744		7,668
Trading assets	9,269		10,291
Available-for-sale securities	95		0
Loans	2,071		2,305
Mortgage servicing rights	5,351		3,276
Total assets measured at fair value on a recurring basis	17,107		16,410
Deposits	2,377		2,913
Federal funds purchased and securities loaned or sold under repurchase agreements	0		0
Short-term borrowings	2,411		2,420
Trading liabilities, Debt and equity instruments	30		51
Gross derivative payables	12,129		12,661
Trading liabilities	12,159		12,712
Accounts payable and other liabilities	51		68
Beneficial interests issued by consolidated VIEs	0		0
Long-term debt	23,514		23,397
Total liabilities measured at fair value on a recurring basis	40,512		41,510
Recurring | Level 3 | Interest rate
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	1,863		2,307
Gross derivative payables	1,976		2,049
Recurring | Level 3 | Credit
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	492		624
Gross derivative payables	498		848
Recurring | Level 3 | Foreign exchange
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	779		987
Gross derivative payables	1,336		1,421
Recurring | Level 3 | Equity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	3,076		3,519
Gross derivative payables	6,913		7,381
Recurring | Level 3 | Commodity
Assets and liabilities measured at fair value on a recurring basis
Gross derivative receivables	534		231
Gross derivative payables	1,406		962
Recurring | Level 3 | Other assets
Assets and liabilities measured at fair value on a recurring basis
Other assets	321		538
Recurring | Level 3 | Total debt instruments
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	1,833		2,098
Recurring | Level 3 | Total mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	342		480
Available-for-sale securities	0		0
Recurring | Level 3 | Mortgage-backed securities, U.S. GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	299		449
Available-for-sale securities	0		0
Recurring | Level 3 | Mortgage-backed securities, Residential - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	24		28
Available-for-sale securities	0		0
Recurring | Level 3 | Mortgage-backed securities, Commercial - nonagency
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	19		3
Available-for-sale securities	0		0
Recurring | Level 3 | U.S. Treasury, GSEs and government agencies
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Available-for-sale securities	0		0
Recurring | Level 3 | Obligations of U.S. states and municipalities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	7		8
Available-for-sale securities	0		0
Recurring | Level 3 | Certificates of deposit, bankers’ acceptances and commercial paper
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 3 | Non-U.S. government debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	104		182
Available-for-sale securities	0		0
Recurring | Level 3 | Corporate debt securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	370		507
Available-for-sale securities	95		0
Recurring | Level 3 | Loans
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	982		893
Recurring | Level 3 | Asset-backed securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	28		28
Recurring | Level 3 | Asset-backed securities, Collateralized loan obligations
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	0		0
Recurring | Level 3 | Asset-backed securities, Other
Assets and liabilities measured at fair value on a recurring basis
Available-for-sale securities	0		0
Recurring | Level 3 | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	634		476
Recurring | Level 3 | Physical commodities
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	0		0
Recurring | Level 3 | Other
Assets and liabilities measured at fair value on a recurring basis
Trading assets, debt and equity instruments	$ 58		$ 49

Fair Value Measurement - Level

Fair Value Measurement - Level 3 Inputs (Details) $ in Millions	Sep. 30, 2021USD ($)$ / MT$ / MWh$ / shares	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	$ 60,628		$ 44,474
MSRs	5,351	$ 4,549	3,276	$ 3,016	$ 3,080	$ 4,699
Equity securities for which quoted prices are not readily available	$ 3,207		2,400	$ 2,329
Assumed par value for price input (in dollars per share) | $ / shares	$ 100
Level 3 | Interest rate volatility | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.0008
Level 3 | Interest rate volatility | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.0569
Level 3 | Interest rate volatility | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.0120
Level 3 | Interest rate correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	(0.65)
Level 3 | Interest rate correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.95
Level 3 | Interest rate correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.33
Level 3 | IR-FX correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	(0.35)
Level 3 | IR-FX correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.50
Level 3 | IR-FX correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	(0.03)
Level 3 | Credit correlation | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.33
Level 3 | Credit correlation | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.63
Level 3 | Credit correlation | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.45
Level 3 | Equity correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.12
Level 3 | Equity correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	1
Level 3 | Equity correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.55
Level 3 | Equity-FX correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	(0.79)
Level 3 | Equity-FX correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.59
Level 3 | Equity-FX correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	(0.27)
Level 3 | Equity-IR correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.15
Level 3 | Equity-IR correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.50
Level 3 | Equity-IR correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits, measurement inputs	0.28
Level 3 | Residential mortgage-backed securities and loans | Yield | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	(0.02)
Level 3 | Residential mortgage-backed securities and loans | Yield | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.15
Level 3 | Residential mortgage-backed securities and loans | Yield | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.04
Level 3 | Residential mortgage-backed securities and loans | Prepayment speed | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0
Level 3 | Residential mortgage-backed securities and loans | Prepayment speed | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	1
Level 3 | Residential mortgage-backed securities and loans | Prepayment speed | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.12
Level 3 | Residential mortgage-backed securities and loans | Conditional default rate | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0
Level 3 | Residential mortgage-backed securities and loans | Conditional default rate | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.30
Level 3 | Residential mortgage-backed securities and loans | Conditional default rate | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.05
Level 3 | Residential mortgage-backed securities and loans | Loss severity | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0
Level 3 | Residential mortgage-backed securities and loans | Loss severity | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	1.10
Level 3 | Residential mortgage-backed securities and loans | Loss severity | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input	0.05
Level 3 | Commercial mortgage-backed securities and loans | Price | Market comparables | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input | $ / shares	0
Level 3 | Commercial mortgage-backed securities and loans | Price | Market comparables | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input | $ / shares	100
Level 3 | Commercial mortgage-backed securities and loans | Price | Market comparables | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans, measurement input | $ / shares	84
Level 3 | Corporate debt securities | Price | Market comparables | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	2
Level 3 | Corporate debt securities | Price | Market comparables | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	150
Level 3 | Corporate debt securities | Price | Market comparables | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	95
Level 3 | Loans | Price | Market comparables | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans, measurement input | $ / shares	5
Level 3 | Loans | Price | Market comparables | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans, measurement input | $ / shares	104
Level 3 | Loans | Price | Market comparables | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans, measurement input | $ / shares	86
Level 3 | Asset-backed securities | Price | Market comparables | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	6
Level 3 | Asset-backed securities | Price | Market comparables | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	99
Level 3 | Asset-backed securities | Price | Market comparables | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading, measurement input | $ / shares	56
Level 3 | Net interest rate derivatives | Prepayment speed | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0
Level 3 | Net interest rate derivatives | Prepayment speed | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.30
Level 3 | Net interest rate derivatives | Prepayment speed | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.08
Level 3 | Net interest rate derivatives | Interest rate volatility | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0008
Level 3 | Net interest rate derivatives | Interest rate volatility | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0569
Level 3 | Net interest rate derivatives | Interest rate volatility | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0120
Level 3 | Net interest rate derivatives | Interest rate spread volatility | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0011
Level 3 | Net interest rate derivatives | Interest rate spread volatility | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0023
Level 3 | Net interest rate derivatives | Interest rate spread volatility | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0015
Level 3 | Net interest rate derivatives | Interest rate correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.65)
Level 3 | Net interest rate derivatives | Interest rate correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.95
Level 3 | Net interest rate derivatives | Interest rate correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.33
Level 3 | Net interest rate derivatives | IR-FX correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.35)
Level 3 | Net interest rate derivatives | IR-FX correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.50
Level 3 | Net interest rate derivatives | IR-FX correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.03)
Level 3 | Net credit derivatives | Conditional default rate | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net credit derivatives | Conditional default rate | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net credit derivatives | Loss severity | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net credit derivatives | Loss severity | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net credit derivatives | Loss severity | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net credit derivatives | Price | Market comparables | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0
Level 3 | Net credit derivatives | Price | Market comparables | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	115
Level 3 | Net credit derivatives | Price | Market comparables | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	78
Level 3 | Net credit derivatives | Credit correlation | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.33
Level 3 | Net credit derivatives | Credit correlation | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.63
Level 3 | Net credit derivatives | Credit correlation | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.45
Level 3 | Net credit derivatives | Credit spread | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0001
Level 3 | Net credit derivatives | Credit spread | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.2539
Level 3 | Net credit derivatives | Credit spread | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.0395
Level 3 | Net credit derivatives | Recovery rate | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.40
Level 3 | Net credit derivatives | Recovery rate | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.67
Level 3 | Net credit derivatives | Recovery rate | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.54
Level 3 | Net foreign exchange derivatives | Prepayment speed | Discounted cash flows | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.09
Level 3 | Net foreign exchange derivatives | Prepayment speed | Discounted cash flows | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.09
Level 3 | Net foreign exchange derivatives | Prepayment speed | Discounted cash flows | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.09
Level 3 | Net foreign exchange derivatives | IR-FX correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.40)
Level 3 | Net foreign exchange derivatives | IR-FX correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.65
Level 3 | Net foreign exchange derivatives | IR-FX correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.21
Level 3 | Net equity derivatives | Forward equity price | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.61
Level 3 | Net equity derivatives | Forward equity price | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1.23
Level 3 | Net equity derivatives | Forward equity price | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.99
Level 3 | Net equity derivatives | Equity volatility | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.02
Level 3 | Net equity derivatives | Equity volatility | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1.44
Level 3 | Net equity derivatives | Equity volatility | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.29
Level 3 | Net equity derivatives | Equity correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.12
Level 3 | Net equity derivatives | Equity correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1
Level 3 | Net equity derivatives | Equity correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.55
Level 3 | Net equity derivatives | Equity-FX correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.79)
Level 3 | Net equity derivatives | Equity-FX correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.59
Level 3 | Net equity derivatives | Equity-FX correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.27)
Level 3 | Net equity derivatives | Equity-IR correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.15
Level 3 | Net equity derivatives | Equity-IR correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.50
Level 3 | Net equity derivatives | Equity-IR correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.28
Level 3 | Net commodity derivatives | Oil Commodity Forward | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MT	635
Level 3 | Net commodity derivatives | Oil Commodity Forward | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MT	850
Level 3 | Net commodity derivatives | Oil Commodity Forward | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MT	743
Level 3 | Net commodity derivatives | Forward power price | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MWh	24
Level 3 | Net commodity derivatives | Forward power price | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MWh	64
Level 3 | Net commodity derivatives | Forward power price | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs | $ / MWh	44
Level 3 | Net commodity derivatives | Commodity volatility | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.02
Level 3 | Net commodity derivatives | Commodity volatility | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	1.42
Level 3 | Net commodity derivatives | Commodity volatility | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.72
Level 3 | Net commodity derivatives | Commodity correlation | Option pricing | Minimum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	(0.50)
Level 3 | Net commodity derivatives | Commodity correlation | Option pricing | Maximum
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.77
Level 3 | Net commodity derivatives | Commodity correlation | Option pricing | Average
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability), measurement inputs	0.14
Recurring
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	$ 60,628		44,474
MSRs	5,351		3,276
Long-term debt, short-term borrowings, and deposits	480,761		437,627
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	2,071		2,305
MSRs	5,351		3,276
Long-term debt, short-term borrowings, and deposits	40,512		$ 41,510
Other level 3 asset and liabilities, net	1,043
Equity securities for which quoted prices are not readily available	1,000
Recurring | Level 3 | Discounted cash flows
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
MSRs	5,351
Long-term debt, short-term borrowings, and deposits	983
Recurring | Level 3 | Option pricing
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, short-term borrowings, and deposits	27,319
Recurring | Level 3 | Residential mortgage-backed securities and loans | Discounted cash flows
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	1,161
Recurring | Level 3 | Commercial mortgage-backed securities and loans | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	480
Recurring | Level 3 | Corporate debt securities | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading	465
Recurring | Level 3 | Loans | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	1,754
Recurring | Level 3 | Trading loans | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	941
Recurring | Level 3 | Trading loans | Market comparables | Commercial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	41
Recurring | Level 3 | Nontrading loans | Discounted cash flows | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	838
Recurring | Level 3 | Nontrading loans | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans	813
Recurring | Level 3 | Nontrading loans | Market comparables | Commercial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	420
Recurring | Level 3 | Asset-backed securities | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities, trading	28
Recurring | Level 3 | Net interest rate derivatives | Discounted cash flows
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	5
Recurring | Level 3 | Net interest rate derivatives | Option pricing
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(118)
Recurring | Level 3 | Net credit derivatives | Discounted cash flows
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(56)
Recurring | Level 3 | Net credit derivatives | Market comparables
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	50
Recurring | Level 3 | Net foreign exchange derivatives | Discounted cash flows
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(109)
Recurring | Level 3 | Net foreign exchange derivatives | Option pricing
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(448)
Recurring | Level 3 | Net equity derivatives | Option pricing
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(3,837)
Recurring | Level 3 | Net commodity derivatives | Option pricing
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net derivative asset (liability)	(872)
Recurring | Level 3 | Mortgage-backed securities, U.S. GSEs and government agencies | Discounted cash flows | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	299
Recurring | Level 3 | Residential mortgage-backed securities | Discounted cash flows | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	24
Recurring | Level 3 | Commercial | Market comparables | Commercial
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities and loans	19
Recurring | Level 3 | Other assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Equity securities for which quoted prices are not readily available	$ 379

Fair Value Measurement - Change

Fair Value Measurement - Changes in Level 3 Recurring Measurements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Net derivative receivables:
Fair value, beginning balance	$ (6,725)	$ (3,169)	$ (4,993)	$ (4,489)
Total realized/unrealized gains/(losses)	1,422	(884)	831	2,154
Purchases	375	378	972	1,152
Sales	(1,184)	(516)	(2,883)	(1,843)
Settlements	485	(462)	607	(686)
Transfers into level 3	216	(239)	291	(1,073)
Transfers (out of) level 3	26	471	(210)	364
Fair value, ending balance	(5,385)	(4,421)	(5,385)	(4,421)
Change in unrealized gains/(losses) related to financial instruments held	$ 835	(800)	$ (99)	1,838
Level 3 Rollforward Supplemental Data [Abstract]
Level 3 assets as a percentage of total firm assets at fair value	2.00%		2.00%		1.00%
Level 3 liabilities as a percentage of total firm liabilities at fair value	8.00%		8.00%		9.00%
Deposits
Liabilities:
Fair value, beginning balance	$ 2,684	3,217	$ 2,913	3,360
Total realized/unrealized (gains)/losses	(11)	43	(67)	88
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	33	170	252	636
Settlements	(172)	(110)	(360)	(538)
Transfers into level 3	0	0	2	265
Transfers (out of) level 3	(157)	(264)	(363)	(755)
Fair value, ending balance	2,377	3,056	2,377	3,056
Change in unrealized (gains)/losses related to financials instruments held	(7)	87	(60)	137
Short-term borrowings
Liabilities:
Fair value, beginning balance	3,075	2,305	2,420	1,674
Total realized/unrealized (gains)/losses	(699)	(47)	(1,095)	(294)
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	1,166	1,421	5,479	3,961
Settlements	(1,121)	(1,093)	(4,333)	(2,769)
Transfers into level 3	0	25	9	77
Transfers (out of) level 3	(10)	(3)	(69)	(41)
Fair value, ending balance	2,411	2,608	2,411	2,608
Change in unrealized (gains)/losses related to financials instruments held	(124)	(47)	(117)	(27)
Total debt and equity instruments
Liabilities:
Fair value, beginning balance	36	59	51	41
Total realized/unrealized (gains)/losses	(2)	(2)	(6)	1
Purchases	(8)	(5)	(100)	(81)
Sales	2	5	36	12
Issuances	0	0	0	0
Settlements	0	1	0	(4)
Transfers into level 3	3	3	62	96
Transfers (out of) level 3	(1)	(4)	(13)	(8)
Fair value, ending balance	30	57	30	57
Change in unrealized (gains)/losses related to financials instruments held	1	(3)	(2)	0
Accounts payable and other liabilities
Liabilities:
Fair value, beginning balance	51	91	68	45
Total realized/unrealized (gains)/losses	0	3	(10)	(1)
Purchases	0	(62)	0	(85)
Sales	0	4	1	37
Issuances	0	0	0	0
Settlements	0	0	0	0
Transfers into level 3	0	8	0	48
Transfers (out of) level 3	0	0	(8)	0
Fair value, ending balance	51	44	51	44
Change in unrealized (gains)/losses related to financials instruments held	1	3	(9)	1
Beneficial interests issued by consolidated VIEs
Liabilities:
Fair value, beginning balance		0
Total realized/unrealized (gains)/losses		0
Purchases		0
Sales		0
Issuances		0
Settlements		0
Transfers into level 3		0
Transfers (out of) level 3		0
Fair value, ending balance		0		0
Change in unrealized (gains)/losses related to financials instruments held		0
Long-term debt
Liabilities:
Fair value, beginning balance	23,527	22,728	23,397	23,339
Total realized/unrealized (gains)/losses	(216)	766	190	(639)
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	2,950	1,225	9,884	7,432
Settlements	(2,512)	(2,493)	(9,250)	(7,851)
Transfers into level 3	11	78	29	1,056
Transfers (out of) level 3	(246)	(88)	(736)	(1,121)
Fair value, ending balance	23,514	22,216	23,514	22,216
Change in unrealized (gains)/losses related to financials instruments held	(242)	646	48	(507)
DVA for fair value option elected liabilities
Level 3 Rollforward Supplemental Data [Abstract]
Unrealized (gains)/losses on liabilities recorded in OCI	318	120	300	(78)
Interest rate
Net derivative receivables:
Fair value, beginning balance	(22)	(104)	258	(332)
Total realized/unrealized gains/(losses)	618	657	1,587	2,052
Purchases	21	15	92	102
Sales	(44)	(30)	(146)	(97)
Settlements	(683)	(647)	(1,874)	(1,510)
Transfers into level 3	13	35	68	(317)
Transfers (out of) level 3	(16)	102	(98)	130
Fair value, ending balance	(113)	28	(113)	28
Change in unrealized gains/(losses) related to financial instruments held	246	323	212	290
Credit
Net derivative receivables:
Fair value, beginning balance	(17)	(137)	(224)	(139)
Total realized/unrealized gains/(losses)	(9)	(62)	140	0
Purchases	4	22	6	70
Sales	(7)	(16)	(11)	(150)
Settlements	59	154	103	137
Transfers into level 3	(4)	(12)	(13)	59
Transfers (out of) level 3	(32)	2	(7)	(26)
Fair value, ending balance	(6)	(49)	(6)	(49)
Change in unrealized gains/(losses) related to financial instruments held	(1)	(21)	143	24
Foreign exchange
Net derivative receivables:
Fair value, beginning balance	(583)	(595)	(434)	(607)
Total realized/unrealized gains/(losses)	2	(57)	(196)	(214)
Purchases	28	7	67	46
Sales	(44)	(7)	(98)	(16)
Settlements	41	(34)	140	75
Transfers into level 3	(5)	7	6	15
Transfers (out of) level 3	4	3	(42)	25
Fair value, ending balance	(557)	(676)	(557)	(676)
Change in unrealized gains/(losses) related to financial instruments held	15	(90)	(44)	(181)
Equity
Net derivative receivables:
Fair value, beginning balance	(4,936)	(2,036)	(3,862)	(3,395)
Total realized/unrealized gains/(losses)	723	(1,437)	(195)	564
Purchases	192	323	667	912
Sales	(1,001)	(384)	(2,246)	(1,473)
Settlements	912	29	1,638	558
Transfers into level 3	214	33	233	(524)
Transfers (out of) level 3	59	369	(72)	255
Fair value, ending balance	(3,837)	(3,103)	(3,837)	(3,103)
Change in unrealized gains/(losses) related to financial instruments held	397	(1,051)	(187)	1,342
Commodity
Net derivative receivables:
Fair value, beginning balance	(1,167)	(297)	(731)	(16)
Total realized/unrealized gains/(losses)	88	15	(505)	(248)
Purchases	130	11	140	22
Sales	(88)	(79)	(382)	(107)
Settlements	156	36	600	54
Transfers into level 3	(2)	(302)	(3)	(306)
Transfers (out of) level 3	11	(5)	9	(20)
Fair value, ending balance	(872)	(621)	(872)	(621)
Change in unrealized gains/(losses) related to financial instruments held	178	39	(223)	363
Total mortgage-backed securities
Assets:
Fair value, beginning balance	355	494	480	824
Total realized/unrealized gains/(losses)	(5)	(4)	(14)	(154)
Purchases	23	118	56	147
Sales	(6)	(30)	(87)	(153)
Settlements	(39)	(41)	(106)	(125)
Transfers into level 3	14	0	15	1
Transfers (out of) level 3	0	(3)	(2)	(6)
Fair value, ending balance	342	534	342	534
Change in unrealized gains/(losses) related to financial instruments held	(7)	(2)	(21)	(134)
Mortgage-backed securities, U.S. GSEs and government agencies
Assets:
Fair value, beginning balance	329	469	449	797
Total realized/unrealized gains/(losses)	(12)	(4)	(22)	(153)
Purchases	13	110	20	134
Sales	(6)	(28)	(62)	(149)
Settlements	(25)	(40)	(86)	(122)
Transfers into level 3	0	0	1	0
Transfers (out of) level 3	0	0	(1)	0
Fair value, ending balance	299	507	299	507
Change in unrealized gains/(losses) related to financial instruments held	(12)	(2)	(25)	(140)
Mortgage-backed securities, Residential - nonagency
Assets:
Fair value, beginning balance	16	23	28	23
Total realized/unrealized gains/(losses)	0	0	1	(1)
Purchases	9	8	24	12
Sales	0	(2)	(24)	(4)
Settlements	(1)	(1)	(4)	(2)
Transfers into level 3	0	0	0	0
Transfers (out of) level 3	0	(3)	(1)	(3)
Fair value, ending balance	24	25	24	25
Change in unrealized gains/(losses) related to financial instruments held	(1)	0	(2)	2
Mortgage-backed securities, Commercial - nonagency
Assets:
Fair value, beginning balance	10	2	3	4
Total realized/unrealized gains/(losses)	7	0	7	0
Purchases	1	0	12	1
Sales	0	0	(1)	0
Settlements	(13)	0	(16)	(1)
Transfers into level 3	14	0	14	1
Transfers (out of) level 3	0	0	0	(3)
Fair value, ending balance	19	2	19	2
Change in unrealized gains/(losses) related to financial instruments held	6	0	6	4
Total debt and equity instruments
Assets:
Fair value, beginning balance	2,600	3,129	2,623	2,685
Total realized/unrealized gains/(losses)	(54)	171	8	(70)
Purchases	433	718	1,945	1,907
Sales	(464)	(388)	(1,377)	(987)
Settlements	(204)	(293)	(460)	(525)
Transfers into level 3	510	188	882	1,245
Transfers (out of) level 3	(296)	(567)	(1,096)	(1,297)
Fair value, ending balance	2,525	2,958	2,525	2,958
Change in unrealized gains/(losses) related to financial instruments held	(39)	163	(81)	73
Total debt instruments
Assets:
Fair value, beginning balance	1,863	2,559	2,098	2,257
Total realized/unrealized gains/(losses)	(39)	72	(28)	(230)
Purchases	411	502	1,569	1,657
Sales	(420)	(280)	(1,263)	(869)
Settlements	(173)	(291)	(374)	(502)
Transfers into level 3	448	82	739	982
Transfers (out of) level 3	(257)	(525)	(908)	(1,176)
Fair value, ending balance	1,833	2,119	1,833	2,119
Change in unrealized gains/(losses) related to financial instruments held	(31)	57	(26)	(150)
Obligations of U.S. states and municipalities
Assets:
Fair value, beginning balance	8	8	8	10
Total realized/unrealized gains/(losses)	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	(1)
Settlements	(1)	0	(1)	(1)
Transfers into level 3	0	0	0	0
Transfers (out of) level 3	0	0	0	0
Fair value, ending balance	7	8	7	8
Change in unrealized gains/(losses) related to financial instruments held	0	0	0	0
Non-U.S. government debt securities
Assets:
Fair value, beginning balance	183	167	182	155
Total realized/unrealized gains/(losses)	(2)	6	(10)	10
Purchases	128	25	330	164
Sales	(98)	(23)	(284)	(148)
Settlements	0	(2)	(7)	(7)
Transfers into level 3	0	0	0	0
Transfers (out of) level 3	(107)	(8)	(107)	(9)
Fair value, ending balance	104	165	104	165
Change in unrealized gains/(losses) related to financial instruments held	(1)	6	(2)	7
Corporate debt securities
Assets:
Fair value, beginning balance	487	946	507	558
Total realized/unrealized gains/(losses)	(33)	45	(18)	(10)
Purchases	38	114	357	475
Sales	(115)	(33)	(415)	(131)
Settlements	(3)	(225)	(3)	(234)
Transfers into level 3	25	4	138	296
Transfers (out of) level 3	(29)	(202)	(196)	(305)
Fair value, ending balance	370	649	370	649
Change in unrealized gains/(losses) related to financial instruments held	(25)	45	(3)	13
Loans
Assets:
Fair value, beginning balance	795	905	893	673
Total realized/unrealized gains/(losses)	0	22	6	(72)
Purchases	219	240	785	829
Sales	(197)	(173)	(434)	(400)
Settlements	(130)	(21)	(256)	(130)
Transfers into level 3	409	69	584	676
Transfers (out of) level 3	(114)	(312)	(596)	(846)
Fair value, ending balance	982	730	982	730
Change in unrealized gains/(losses) related to financial instruments held	2	8	0	(35)
Asset-backed securities
Assets:
Fair value, beginning balance	35	39	28	37
Total realized/unrealized gains/(losses)	1	3	8	(4)
Purchases	3	5	41	42
Sales	(4)	(21)	(43)	(36)
Settlements	0	(2)	(1)	(5)
Transfers into level 3	0	9	2	9
Transfers (out of) level 3	(7)	0	(7)	(10)
Fair value, ending balance	28	33	28	33
Change in unrealized gains/(losses) related to financial instruments held	0	0	0	(1)
Equity securities
Assets:
Fair value, beginning balance	690	191	476	196
Total realized/unrealized gains/(losses)	(41)	24	(38)	(79)
Purchases	5	13	258	37
Sales	(44)	(104)	(114)	(109)
Settlements	0	0	0	0
Transfers into level 3	62	104	140	259
Transfers (out of) level 3	(38)	(42)	(88)	(118)
Fair value, ending balance	634	186	634	186
Change in unrealized gains/(losses) related to financial instruments held	(34)	29	(92)	(40)
Other
Assets:
Fair value, beginning balance	47	379	49	232
Total realized/unrealized gains/(losses)	26	75	74	239
Purchases	17	203	118	213
Sales	0	(4)	0	(9)
Settlements	(31)	(2)	(86)	(23)
Transfers into level 3	0	2	3	4
Transfers (out of) level 3	(1)	0	(100)	(3)
Fair value, ending balance	58	653	58	653
Change in unrealized gains/(losses) related to financial instruments held	26	77	37	263
Total available-for-sale securities
Assets:
Fair value, beginning balance	0	0	0	1
Total realized/unrealized gains/(losses)	0	0	0	0
Purchases	95	0	95	0
Sales	0	0	0	0
Settlements	0	0	0	(1)
Transfers into level 3	0	0	0	0
Transfers (out of) level 3	0	0	0	0
Fair value, ending balance	95	0	95	0
Change in unrealized gains/(losses) related to financial instruments held	0	0	0	0
Corporate debt securities
Assets:
Fair value, beginning balance	0		0
Total realized/unrealized gains/(losses)	0		0
Purchases	95		95
Sales	0		0
Settlements	0		0
Transfers into level 3	0		0
Transfers (out of) level 3	0		0
Fair value, ending balance	95		95
Change in unrealized gains/(losses) related to financial instruments held	0		0
Mortgage-backed securities
Assets:
Fair value, beginning balance		0		1
Total realized/unrealized gains/(losses)		0		0
Purchases		0		0
Sales		0		0
Settlements		0		(1)
Transfers into level 3		0		0
Transfers (out of) level 3		0		0
Fair value, ending balance		0		0
Change in unrealized gains/(losses) related to financial instruments held		0		0
Loans
Assets:
Fair value, beginning balance	1,734	1,874	2,305	516
Total realized/unrealized gains/(losses)	(13)	(44)	(79)	(195)
Purchases	209	197	516	450
Sales	(1)	(44)	(326)	(77)
Settlements	(180)	(324)	(699)	(678)
Transfers into level 3	427	316	1,027	2,312
Transfers (out of) level 3	(105)	(169)	(673)	(522)
Fair value, ending balance	2,071	1,806	2,071	1,806
Change in unrealized gains/(losses) related to financial instruments held	(11)	(44)	(92)	(147)
Mortgage servicing rights
Assets:
Fair value, beginning balance	4,549	3,080	3,276	4,699
Total realized/unrealized gains/(losses)	(11)	34	258	(1,459)
Purchases	1,013	221	2,410	663
Sales	1	(104)	(23)	(177)
Settlements	(201)	(215)	(570)	(710)
Transfers into level 3	0	0	0	0
Transfers (out of) level 3	0	0	0	0
Fair value, ending balance	5,351	3,016	5,351	3,016
Change in unrealized gains/(losses) related to financial instruments held	(11)	34	258	(1,459)
Other assets
Assets:
Fair value, beginning balance	518	701	538	917
Total realized/unrealized gains/(losses)	(35)	(21)	9	(56)
Purchases	3	5	10	66
Sales	0	0	(18)	(28)
Settlements	(165)	(27)	(217)	(281)
Transfers into level 3	0	0	0	40
Transfers (out of) level 3	0	0	(1)	0
Fair value, ending balance	321	658	321	658
Change in unrealized gains/(losses) related to financial instruments held	$ (34)	$ 32	$ 22	$ 4

Fair Value Measurement - Leve_2

Fair Value Measurement - Level 3 Analysis (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Total debt and equity instruments
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, liabilities	$ 3	$ 3	$ 62	$ 96
Transfers from level 3 into level 2, liabilities	1	4	13	8
Long-term debt
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, liabilities	11	78	29	1,056
Transfers from level 3 into level 2, liabilities	246	88	736	1,121
Nontrading loans
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, assets	427	316	1,027	2,312
Transfers from level 3 into level 2, assets	105	169	673	522
Recurring
Level 3 Analysis - Supplemental Data [Abstract]
Assets fair value	1,193,119		1,193,119		$ 1,243,209
Increase (decrease) in level 3 assets	1,200		697
Recurring | Total debt and equity instruments
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, liabilities			882
Transfers from level 3 into level 2, liabilities			1,100
Recurring | Long-term debt
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, liabilities				1,100
Transfers from level 3 into level 2, liabilities			736	1,100
Recurring | MSRs
Level 3 Analysis - Supplemental Data [Abstract]
Increase (decrease) in level 3 assets	802		2,100
Recurring | Nontrading loans
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, assets			1,000	2,300
Transfers from level 3 into level 2, assets			673
Recurring | Interest rate | Derivative receivables
Level 3 Analysis - Supplemental Data [Abstract]
Increase (decrease) in level 3 assets			(444)
Recurring | Equity | Derivative payables
Level 3 Analysis - Supplemental Data [Abstract]
Transfers from level 2 into level 3, liabilities			704	2,700
Transfers from level 3 into level 2, liabilities		965	1,600	1,900
Recurring | Equity | Derivative receivables
Level 3 Analysis - Supplemental Data [Abstract]
Increase (decrease) in level 3 assets			(443)
Transfers from level 2 into level 3, assets			937	2,200
Transfers from level 3 into level 2, assets			1,700	1,700
Recurring | Level 3
Level 3 Analysis - Supplemental Data [Abstract]
Assets fair value	17,107		17,107		$ 16,410
Realized/unrealized gains (losses), assets	1,300	(744)	1,000	374
Realized/unrealized gains (losses), liabilities	$ 928	$ (763)	$ 988	$ 845

Fair Value Measurement - Impact

Fair Value Measurement - Impact of Credit Adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Credit and funding adjustments:
Derivatives CVA	$ 60	$ 144	$ 343	$ (574)
Derivatives FVA	$ 38	$ 109	$ 99	$ (236)

Fair Value Measurement - Nonrec

Fair Value Measurement - Nonrecurring Basis (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities adjusted based on the measurement alternative	$ 3,207	$ 2,329	$ 3,207	$ 2,329	$ 2,400
Net gains as a result of measurement alternative	100	36	216	49
Net losses as a result of measurement alternative	(10)	(34)	$ (18)	(204)
Residential mortgage | Broker price opinions | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, liquidation value discount			12.00%
Residential mortgage | Broker price opinions | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, liquidation value discount			45.00%
Residential mortgage | Broker price opinions | Weighted average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, liquidation value discount			25.00%
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	2,698	3,458	$ 2,698	3,458
Total liabilities measured at fair value on a nonrecurring basis	2	3	2	3
Total nonrecurring fair value gains/(losses)	74	(306)	143	(860)
Nonrecurring | Accounts payable and other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value on a nonrecurring basis	2	3	2	3
Total nonrecurring fair value gains/(losses)	0	92	6	(3)
Nonrecurring | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,489	2,502	1,489	2,502
Total nonrecurring fair value gains/(losses)	(10)	(35)	(40)	(318)
Nonrecurring | Other assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,209	956	1,209	956
Total nonrecurring fair value gains/(losses)	84	(363)	177	(539)
Net gains as a result of measurement alternative	90	2	197
Net losses as a result of measurement alternative				(155)
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	0	0	0	0
Total liabilities measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 1 | Accounts payable and other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 1 | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 1 | Other assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,182	1,725	1,182	1,725
Total liabilities measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 2 | Accounts payable and other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value on a nonrecurring basis	0	0	0	0
Nonrecurring | Level 2 | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,175	1,714	1,175	1,714
Nonrecurring | Level 2 | Other assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	7	11	7	11
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,516	1,733	1,516	1,733
Total liabilities measured at fair value on a nonrecurring basis	2	3	2	3
Nonrecurring | Level 3 | Accounts payable and other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value on a nonrecurring basis	2	3	2	3
Nonrecurring | Level 3 | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	314	788	314	788
Nonrecurring | Level 3 | Residential mortgage
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	208		208
Nonrecurring | Level 3 | Other assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value on a nonrecurring basis	1,202	$ 945	1,202	$ 945
Equity securities adjusted based on the measurement alternative	$ 1,100		$ 1,100

Fair Value Measurement - Equity

Fair Value Measurement - Equity Securities Without Readily Determinable Fair Value (Details) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)shares	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)shares	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Fair Value Disclosures [Abstract]
Carrying value	$ 3,207	$ 2,329	$ 3,207	$ 2,329	$ 2,400
Upward carrying value changes	100	36	216	49
Downward carrying value changes/impairment	(10)	$ (34)	(18)	$ (204)
Cumulative upward carrying value changes	826		826
Cumulative downward carrying value changes/impairment	$ (335)		$ (335)
Common stock | Class B | VISA
Investment Holdings [Line Items]
Interest owned, included in other assets (in shares) | shares	40		40
Conversion rate	1.6228		1.6228

Fair Value Measurement - Carryi

Fair Value Measurement - Carrying Value and Estimated Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Financial assets
Cash and due from banks	$ 25,857	$ 24,874
Deposits with banks	734,012	502,735
Federal funds sold and securities purchased under resale agreements	282,161	296,284
Investment securities, held-to-maturity	344,393	205,472
Loans, net of allowance for loan losses	60,628	44,474
Financial liabilities
Beneficial interests issued by consolidated VIEs	13,257	17,578
Carrying value
Financial assets
Cash and due from banks	25,900	24,900
Deposits with banks	734,000	502,700
Accrued interest and accounts receivable	115,700	89,400
Federal funds sold and securities purchased under resale agreements	9,000	58,300
Securities borrowed	130,200	107,700
Investment securities, held-to-maturity	343,500	201,800
Loans, net of allowance for loan losses	965,800	940,100
Other	98,000	81,800
Financial liabilities
Deposits	2,390,500	2,129,800
Federal funds purchased and securities loaned or sold under repurchase agreements	67,500	59,500
Short-term borrowings	30,400	28,300
Accounts payable and other liabilities	228,600	186,600
Beneficial interests issued by consolidated VIEs	13,200	17,500
Long-term debt	221,900	204,800
Wholesale lending-related commitments	2,100	2,200
Total estimated fair value
Financial assets
Cash and due from banks	25,900	24,900
Deposits with banks	734,000	502,700
Accrued interest and accounts receivable	115,700	89,400
Federal funds sold and securities purchased under resale agreements	9,000	58,300
Securities borrowed	130,200	107,700
Investment securities, held-to-maturity	344,400	205,500
Loans, net of allowance for loan losses	984,900	966,500
Other	98,100	81,900
Financial liabilities
Deposits	2,390,600	2,128,900
Federal funds purchased and securities loaned or sold under repurchase agreements	67,500	59,500
Short-term borrowings	30,400	28,300
Accounts payable and other liabilities	228,200	186,200
Beneficial interests issued by consolidated VIEs	13,200	17,600
Long-term debt	228,900	212,400
Wholesale lending-related commitments	3,100	2,100
Total estimated fair value | Level 1
Financial assets
Cash and due from banks	25,900	24,900
Deposits with banks	734,000	502,700
Accrued interest and accounts receivable	0	0
Federal funds sold and securities purchased under resale agreements	0	0
Securities borrowed	0	0
Investment securities, held-to-maturity	181,300	53,200
Loans, net of allowance for loan losses	0	0
Other	0	0
Financial liabilities
Deposits	0	0
Federal funds purchased and securities loaned or sold under repurchase agreements	0	0
Short-term borrowings	0	0
Accounts payable and other liabilities	0	0
Beneficial interests issued by consolidated VIEs	0	0
Long-term debt	0	0
Wholesale lending-related commitments	0	0
Total estimated fair value | Level 2
Financial assets
Cash and due from banks	0	0
Deposits with banks	0	0
Accrued interest and accounts receivable	115,600	89,300
Federal funds sold and securities purchased under resale agreements	9,000	58,300
Securities borrowed	130,200	107,700
Investment securities, held-to-maturity	163,100	152,300
Loans, net of allowance for loan losses	203,200	210,900
Other	96,700	80,000
Financial liabilities
Deposits	2,390,600	2,128,900
Federal funds purchased and securities loaned or sold under repurchase agreements	67,500	59,500
Short-term borrowings	30,400	28,300
Accounts payable and other liabilities	224,000	181,900
Beneficial interests issued by consolidated VIEs	13,200	17,600
Long-term debt	225,600	209,200
Wholesale lending-related commitments	0	0
Total estimated fair value | Level 3
Financial assets
Cash and due from banks	0	0
Deposits with banks	0	0
Accrued interest and accounts receivable	100	100
Federal funds sold and securities purchased under resale agreements	0	0
Securities borrowed	0	0
Investment securities, held-to-maturity	0	0
Loans, net of allowance for loan losses	781,700	755,600
Other	1,400	1,900
Financial liabilities
Deposits	0	0
Federal funds purchased and securities loaned or sold under repurchase agreements	0	0
Short-term borrowings	0	0
Accounts payable and other liabilities	4,200	4,300
Beneficial interests issued by consolidated VIEs	0	0
Long-term debt	3,300	3,200
Wholesale lending-related commitments	$ 3,100	$ 2,100

Fair Value Option - Changes in

Fair Value Option - Changes in Fair Value Under the Fair Value Option (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Federal funds sold and securities purchased under resale agreements
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	$ (19)	$ (148)	$ (33)	$ 96
Federal funds sold and securities purchased under resale agreements | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(19)	(148)	(33)	96
Federal funds sold and securities purchased under resale agreements | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Securities borrowed
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(22)	5	(119)	173
Securities borrowed | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(22)	5	(119)	173
Securities borrowed | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Debt and equity instruments, excluding loans
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(2,255)	1,780	(1,189)	1,082
Debt and equity instruments, excluding loans | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(2,255)	1,780	(1,188)	1,083
Debt and equity instruments, excluding loans | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	(1)	(1)
Loans reported as trading assets: Changes in instrument-specific credit risk
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	66	216	342	(39)
Loans reported as trading assets: Changes in instrument-specific credit risk | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	66	216	342	(39)
Loans reported as trading assets: Changes in instrument-specific credit risk | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Loans reported as trading assets: Other changes in fair value
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	1	0	(7)	1
Loans reported as trading assets: Other changes in fair value | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	1	0	(7)	1
Loans reported as trading assets: Other changes in fair value | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Loans: Changes in instrument-specific credit risk
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	112	99	531	145
Loans: Changes in instrument-specific credit risk | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	119	112	540	143
Loans: Changes in instrument-specific credit risk | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(7)	(13)	(9)	2
Loans: Other changes in fair value
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	634	1,021	1,651	2,780
Loans: Other changes in fair value | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	25	93	(82)	357
Loans: Other changes in fair value | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	609	928	1,733	2,423
Other assets
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(22)	(35)	(17)	75
Other assets | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(22)	(28)	6	74
Other assets | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	(7)	(23)	1
Deposits
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	38	(147)	(53)	(612)
Deposits | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	38	(147)	(53)	(612)
Realized gains/(losses) due to instrument-specific credit risk recorded in principal transactions revenue	(6)	1	(8)	20
Deposits | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Federal funds purchased and securities loaned or sold under repurchase agreements
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	11	58	42	(20)
Federal funds purchased and securities loaned or sold under repurchase agreements | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	11	58	42	(20)
Federal funds purchased and securities loaned or sold under repurchase agreements | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Short-term borrowings
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	388	(54)	(223)	1,035
Short-term borrowings | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	388	(54)	(223)	1,035
Short-term borrowings | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Trading liabilities
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(1)	1	(2)	1
Trading liabilities | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(1)	1	(2)	1
Trading liabilities | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Other liabilities
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(1)	(8)	1	(54)
Other liabilities | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	(1)	(8)	1	(54)
Other liabilities | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	0	0	0	0
Long-term debt
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	654	(534)	(256)	69
Long-term debt | Principal transactions
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	643	(530)	(262)	70
Long-term debt | All other income
Changes in fair value under the fair value option election
Total nonrecurring fair value gains/(losses)	$ 11	$ (4)	$ 6	$ (1)

Fair Value Option - Aggregate D

Fair Value Option - Aggregate Differences (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Long-term beneficial interests
Performing loans, ninety days or more past due	$ 0	$ 0
Lending-related commitments, fair value option elected
Long-term beneficial interests
Contractual amount of lending-related commitments	16,900,000,000	18,100,000,000
Contractual lending-related commitments, fair value	(2,000,000)	(39,000,000)
Contractual principal outstanding
Loans
Nonaccrual loans	4,784,000,000	5,253,000,000
All other performing loans	66,899,000,000	49,939,000,000
Total loans	71,984,000,000	55,520,000,000
Contractual principal outstanding | Principal-protected debt
Long-term debt
Total long-term debt	37,445,000,000	40,560,000,000
Contractual principal outstanding | Loans reported as trading assets
Loans
Nonaccrual loans	3,591,000,000	3,386,000,000
All other performing loans	7,950,000,000	7,917,000,000
Contractual principal outstanding | Loans
Loans
Nonaccrual loans	1,193,000,000	1,867,000,000
90 or more days past due and government guaranteed	301,000,000	328,000,000
All other performing loans	58,949,000,000	42,022,000,000
Fair value
Loans
Nonaccrual loans	1,697,000,000	2,062,000,000
All other performing loans	65,983,000,000	49,089,000,000
Total loans	67,969,000,000	51,468,000,000
Long-term debt
Total long-term debt	76,499,000,000	76,817,000,000
Long-term beneficial interests
Total long-term beneficial interests	99,000,000	41,000,000
Fair value | Principal-protected debt
Long-term debt
Total long-term debt	35,244,000,000	40,526,000,000
Fair value | Nonprincipal-protected debt
Long-term debt
Total long-term debt	41,255,000,000	36,291,000,000
Long-term beneficial interests
Total long-term beneficial interests	99,000,000	41,000,000
Fair value | Loans reported as trading assets
Loans
Nonaccrual loans	642,000,000	555,000,000
All other performing loans	6,699,000,000	6,439,000,000
Fair value | Loans
Loans
Nonaccrual loans	1,055,000,000	1,507,000,000
90 or more days past due and government guaranteed	289,000,000	317,000,000
All other performing loans	59,284,000,000	42,650,000,000
Fair value over/(under) contractual principal outstanding
Loans
Nonaccrual loans, Fair value over/(under) contractual principal outstanding	(3,087,000,000)	(3,191,000,000)
All other performing loans	(916,000,000)	(850,000,000)
Total loans	(4,015,000,000)	(4,052,000,000)
Fair value over/(under) contractual principal outstanding | Principal-protected debt
Long-term debt
Long-term debt, Fair value over/(under) contractual principal outstanding	(2,201,000,000)	(34,000,000)
Fair value over/(under) contractual principal outstanding | Loans reported as trading assets
Loans
Nonaccrual loans, Fair value over/(under) contractual principal outstanding	(2,949,000,000)	(2,831,000,000)
All other performing loans	(1,251,000,000)	(1,478,000,000)
Fair value over/(under) contractual principal outstanding | Loans
Loans
Nonaccrual loans, Fair value over/(under) contractual principal outstanding	(138,000,000)	(360,000,000)
90 or more days past due and government guaranteed, Fair value over/(under) contractual principal outstanding	(12,000,000)	(11,000,000)
All other performing loans	$ 335,000,000	$ 628,000,000

Fair Value Option - Structured

Fair Value Option - Structured Note Products by Balance Sheet Classification and Risk Component (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	$ 94,324	$ 93,739
Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	41,284	43,251
Credit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	8,281	7,431
Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	4,113	3,705
Equity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	40,319	38,857
Commodity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	327	495
Long-term debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	74,879	75,344
Long-term debt | Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	35,571	38,129
Long-term debt | Credit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	6,843	6,409
Long-term debt | Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	3,648	3,613
Long-term debt | Equity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	28,496	26,943
Long-term debt | Commodity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	321	250
Short-term borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	7,953	6,213
Short-term borrowings | Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	13	65
Short-term borrowings | Credit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	1,438	1,022
Short-term borrowings | Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	244	92
Short-term borrowings | Equity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	6,258	5,021
Short-term borrowings | Commodity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	0	13
Deposits
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	11,492	12,182
Deposits | Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	5,700	5,057
Deposits | Credit
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	0	0
Deposits | Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	221	0
Deposits | Equity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	5,565	6,893
Deposits | Commodity
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total structured notes	6	232
Excluded amount of deposits linked to precious metals for which fair value option was not elected	$ 676	$ 739

Derivative Instruments - Notion

Derivative Instruments - Notional Amount of Derivative Contracts (Details) - USD ($) $ in Billions	Sep. 30, 2021	Dec. 31, 2020
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	$ 52,835	$ 47,175
Interest rate contracts
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	34,674	31,097
Swaps
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	24,116	20,990
Futures and forwards
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	3,824	3,057
Options | Written options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	3,211	3,375
Options | Purchased options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	3,523	3,675
Credit derivatives
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	1,340	1,197
Foreign exchange contracts
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	13,943	12,450
Cross-currency swaps
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	4,081	3,924
Spot, futures and forwards
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	8,268	6,871
Options | Written options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	803	830
Options | Purchased options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	791	825
Equity contracts
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	2,227	1,866
Swaps
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	628	448
Futures and forwards
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	145	140
Options | Written options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	750	668
Options | Purchased options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	704	610
Commodity contracts
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	651	565
Swaps
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	185	138
Spot, futures and forwards
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	195	198
Options | Written options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	149	124
Options | Purchased options
Notional amount of derivative contracts outstanding [Abstract]
Derivative notional amounts	$ 122	$ 105

Derivative Instruments - Impact

Derivative Instruments - Impact on Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Derivatives, Fair Value [Line Items]
Gross derivative receivables	$ 569,566	$ 703,368
Net derivative receivables	67,908	75,444
Gross derivative payables	547,466	688,887
Net derivative payables	53,485	70,623
Interest rate
Derivatives, Fair Value [Line Items]
Gross derivative receivables	285,109	391,648
Net derivative receivables	24,766	35,725
Gross derivative payables	252,292	353,987
Net derivative payables	8,832	13,012
Credit
Derivatives, Fair Value [Line Items]
Gross derivative receivables	10,524	13,345
Net derivative receivables	1,175	680
Gross derivative payables	11,799	14,832
Net derivative payables	1,393	1,995
Foreign exchange
Derivatives, Fair Value [Line Items]
Gross derivative receivables	163,196	206,260
Net derivative receivables	14,525	15,781
Gross derivative payables	162,095	215,926
Net derivative payables	14,005	21,433
Equity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	74,422	70,612
Net derivative receivables	10,492	16,487
Gross derivative payables	86,837	81,413
Net derivative payables	17,774	25,898
Commodity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	36,315	21,503
Net derivative receivables	16,950	6,771
Gross derivative payables	34,443	22,729
Net derivative payables	11,481	8,285
Not designated as hedges
Derivatives, Fair Value [Line Items]
Gross derivative receivables	563,673	700,712
Gross derivative payables	540,993	685,295
Not designated as hedges | Interest rate
Derivatives, Fair Value [Line Items]
Gross derivative receivables	284,351	390,817
Gross derivative payables	252,292	353,987
Not designated as hedges | Credit
Derivatives, Fair Value [Line Items]
Gross derivative receivables	10,524	13,345
Gross derivative payables	11,799	14,832
Not designated as hedges | Foreign exchange
Derivatives, Fair Value [Line Items]
Gross derivative receivables	162,107	205,359
Gross derivative payables	161,159	214,229
Not designated as hedges | Equity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	74,422	70,612
Gross derivative payables	86,837	81,413
Not designated as hedges | Commodity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	32,269	20,579
Gross derivative payables	28,906	20,834
Designated as hedges
Derivatives, Fair Value [Line Items]
Gross derivative receivables	5,893	2,656
Gross derivative payables	6,473	3,592
Designated as hedges | Interest rate
Derivatives, Fair Value [Line Items]
Gross derivative receivables	758	831
Gross derivative payables	0	0
Designated as hedges | Credit
Derivatives, Fair Value [Line Items]
Gross derivative receivables	0	0
Gross derivative payables	0	0
Designated as hedges | Foreign exchange
Derivatives, Fair Value [Line Items]
Gross derivative receivables	1,089	901
Gross derivative payables	936	1,697
Designated as hedges | Equity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	0	0
Gross derivative payables	0	0
Designated as hedges | Commodity
Derivatives, Fair Value [Line Items]
Gross derivative receivables	4,046	924
Gross derivative payables	$ 5,537	$ 1,895

Derivative Instruments - Deriva

Derivative Instruments - Derivatives Netting (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	$ 550,759	$ 677,461
Amounts netted on the Consolidated balance sheets	(501,658)	(627,924)
Net derivative receivables	49,101	49,537
Derivative receivables where an appropriate legal opinion has not been either sought or obtained	18,807	25,907
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	569,566	703,368
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	67,908	75,444
Collateral not nettable on the Consolidated balance sheets	(11,001)	(14,806)
Net amounts	56,907	60,638
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	529,307	665,950
Amounts netted on the Consolidated balance sheets	(493,981)	(618,264)
Net derivative payables	35,326	47,686
Derivative payables where an appropriate legal opinion has not been either sought or obtained	18,159	22,937
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	547,466	688,887
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	53,485	70,623
Collateral not nettable on the Consolidated balance sheets	(7,091)	(11,964)
Net amounts	46,394	58,659
Net cash collateral receivables	68,800	88,000
Net cash collateral payables	61,200	78,400
Interest rate contracts
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	280,586	386,108
Amounts netted on the Consolidated balance sheets	(260,343)	(355,923)
Net derivative receivables	20,243	30,185
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	285,109	391,648
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	24,766	35,725
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	251,072	352,282
Amounts netted on the Consolidated balance sheets	(243,460)	(340,975)
Net derivative payables	7,612	11,307
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	252,292	353,987
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	8,832	13,012
Interest rate contracts | Over-the-counter (“OTC”)
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	262,855	367,214
Amounts netted on the Consolidated balance sheets	(243,110)	(337,609)
Net derivative receivables	19,745	29,605
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	232,047	332,214
Amounts netted on the Consolidated balance sheets	(224,749)	(321,140)
Net derivative payables	7,298	11,074
Interest rate contracts | OTC–cleared
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	17,441	18,340
Amounts netted on the Consolidated balance sheets	(16,953)	(17,919)
Net derivative receivables	488	421
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	18,841	19,710
Amounts netted on the Consolidated balance sheets	(18,532)	(19,494)
Net derivative payables	309	216
Interest rate contracts | Exchange-traded
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	290	554
Amounts netted on the Consolidated balance sheets	(280)	(395)
Net derivative receivables	10	159
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	184	358
Amounts netted on the Consolidated balance sheets	(179)	(341)
Net derivative payables	5	17
Net credit derivatives
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	10,227	13,220
Amounts netted on the Consolidated balance sheets	(9,349)	(12,665)
Net derivative receivables	878	555
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	10,524	13,345
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	1,175	680
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	11,208	14,386
Amounts netted on the Consolidated balance sheets	(10,406)	(12,837)
Net derivative payables	802	1,549
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	11,799	14,832
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	1,393	1,995
Net credit derivatives | Over-the-counter (“OTC”)
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	7,735	8,894
Amounts netted on the Consolidated balance sheets	(6,953)	(8,356)
Net derivative receivables	782	538
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	8,775	10,311
Amounts netted on the Consolidated balance sheets	(8,060)	(8,781)
Net derivative payables	715	1,530
Net credit derivatives | OTC–cleared
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	2,492	4,326
Amounts netted on the Consolidated balance sheets	(2,396)	(4,309)
Net derivative receivables	96	17
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	2,433	4,075
Amounts netted on the Consolidated balance sheets	(2,346)	(4,056)
Net derivative payables	87	19
Foreign exchange contracts
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	159,885	202,218
Amounts netted on the Consolidated balance sheets	(148,671)	(190,479)
Net derivative receivables	11,214	11,739
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	163,196	206,260
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	14,525	15,781
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	158,420	211,673
Amounts netted on the Consolidated balance sheets	(148,090)	(194,493)
Net derivative payables	10,330	17,180
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	162,095	215,926
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	14,005	21,433
Foreign exchange contracts | Over-the-counter (“OTC”)
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	159,235	201,349
Amounts netted on the Consolidated balance sheets	(148,098)	(189,655)
Net derivative receivables	11,137	11,694
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	157,829	210,803
Amounts netted on the Consolidated balance sheets	(147,518)	(193,672)
Net derivative payables	10,311	17,131
Foreign exchange contracts | OTC–cleared
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	640	834
Amounts netted on the Consolidated balance sheets	(572)	(819)
Net derivative receivables	68	15
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	579	836
Amounts netted on the Consolidated balance sheets	(572)	(819)
Net derivative payables	7	17
Foreign exchange contracts | Exchange-traded
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	10	35
Amounts netted on the Consolidated balance sheets	(1)	(5)
Net derivative receivables	9	30
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	12	34
Amounts netted on the Consolidated balance sheets	0	(2)
Net derivative payables	12	32
Equity contracts
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	67,040	58,138
Amounts netted on the Consolidated balance sheets	(63,930)	(54,125)
Net derivative receivables	3,110	4,013
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	74,422	70,612
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	10,492	16,487
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	78,221	69,821
Amounts netted on the Consolidated balance sheets	(69,063)	(55,515)
Net derivative payables	9,158	14,306
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	86,837	81,413
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	17,774	25,898
Equity contracts | Over-the-counter (“OTC”)
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	27,692	29,844
Amounts netted on the Consolidated balance sheets	(25,632)	(27,374)
Net derivative receivables	2,060	2,470
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	34,759	35,330
Amounts netted on the Consolidated balance sheets	(30,733)	(28,763)
Net derivative payables	4,026	6,567
Equity contracts | Exchange-traded
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	39,348	28,294
Amounts netted on the Consolidated balance sheets	(38,298)	(26,751)
Net derivative receivables	1,050	1,543
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	43,462	34,491
Amounts netted on the Consolidated balance sheets	(38,330)	(26,752)
Net derivative payables	5,132	7,739
Commodity contracts
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	33,021	17,777
Amounts netted on the Consolidated balance sheets	(19,365)	(14,732)
Net derivative receivables	13,656	3,045
Total derivative receivables recognized on the Consolidated balance sheets, Gross derivative receivables	36,315	21,503
Total derivative receivables recognized on the Consolidated balance sheets, Net derivative receivables	16,950	6,771
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	30,386	17,788
Amounts netted on the Consolidated balance sheets	(22,962)	(14,444)
Net derivative payables	7,424	3,344
Total derivative payables recognized on the Consolidated balance sheets, Gross derivative payables	34,443	22,729
Total derivative payables recognized on the Consolidated balance sheets, Net derivative payables	11,481	8,285
Commodity contracts | Over-the-counter (“OTC”)
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	21,467	10,924
Amounts netted on the Consolidated balance sheets	(8,256)	(7,901)
Net derivative receivables	13,211	3,023
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	18,060	10,365
Amounts netted on the Consolidated balance sheets	(11,770)	(7,544)
Net derivative payables	6,290	2,821
Commodity contracts | OTC–cleared
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	72	20
Amounts netted on the Consolidated balance sheets	(72)	(20)
Net derivative receivables	0	0
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	85	32
Amounts netted on the Consolidated balance sheets	(85)	(32)
Net derivative payables	0	0
Commodity contracts | Exchange-traded
Gross and Net Derivative Receivables by Contract and Settlement Type:
Gross derivative receivables	11,482	6,833
Amounts netted on the Consolidated balance sheets	(11,037)	(6,811)
Net derivative receivables	445	22
Gross and Net Derivative Payables by Contract and Settlement Type:
Gross derivative payables	12,241	7,391
Amounts netted on the Consolidated balance sheets	(11,107)	(6,868)
Net derivative payables	$ 1,134	$ 523

Derivative Instruments - Liquid

Derivative Instruments - Liquidity Risk and Credit-Related Contingent Features (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Aggregate fair value of net derivative payables	$ 19,541	$ 26,945
Collateral posted	17,160	26,289
Single-notch downgrade
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of additional collateral to be posted upon downgrade	230	119
Amount required to settle contracts with termination triggers upon downgrade	109	153
Two-notch downgrade
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of additional collateral to be posted upon downgrade	1,572	1,243
Amount required to settle contracts with termination triggers upon downgrade	$ 685	$ 1,682

Derivative Instruments - Impa_2

Derivative Instruments - Impact on Statements of Income, Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Gains/(losses) recorded in income
Derivatives	$ (1,907)	$ (726)	$ (9,730)	$ 3,895
Hedged items	2,522	1,056	11,307	(2,881)
Income statement impact	615	330	1,577	1,014
Income statement impact of excluded components:
Amortization approach	(71)	(79)	(221)	(379)
Changes in fair value	609	350	1,648	984
OCI impact
Derivatives - Gains/(losses) recorded in OCI	12	(91)	(56)	45
Interest rate
Gains/(losses) recorded in income
Derivatives	(812)	(464)	(3,749)	4,087
Hedged items	1,401	743	5,217	(3,333)
Income statement impact	589	279	1,468	754
Income statement impact of excluded components:
Amortization approach	0	0	0	0
Changes in fair value	592	309	1,572	728
OCI impact
Derivatives - Gains/(losses) recorded in OCI	0	0	0	0
Foreign exchange
Gains/(losses) recorded in income
Derivatives	(363)	307	(862)	579
Hedged items	367	(280)	893	(430)
Income statement impact	4	27	31	149
Income statement impact of excluded components:
Amortization approach	(71)	(79)	(221)	(379)
Changes in fair value	3	27	30	149
OCI impact
Derivatives - Gains/(losses) recorded in OCI	12	(91)	(56)	45
Commodity
Gains/(losses) recorded in income
Derivatives	(732)	(569)	(5,119)	(771)
Hedged items	754	593	5,197	882
Income statement impact	22	24	78	111
Income statement impact of excluded components:
Amortization approach	0	0	0	0
Changes in fair value	14	14	46	107
OCI impact
Derivatives - Gains/(losses) recorded in OCI	$ 0	$ 0	$ 0	$ 0

Derivative Instruments - Cumula

Derivative Instruments - Cumulative Fair Value Hedging Adjustments (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Commodity contracts
Assets
Carrying amount of the hedged items	$ 19,300	$ 11,500
Long-term debt
Liabilities
Carrying amount of the hedged items	191,783	177,611
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items:
Active hedging relationships	(1,121)	3,194
Discontinued hedging relationships	9,042	11,473
Total	7,921	14,667
Long-term debt | Not designated as hedges
Liabilities
Carrying amount of the hedged items	11,800	6,600
Beneficial interests issued by consolidated VIEs
Liabilities
Carrying amount of the hedged items	748	746
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items:
Active hedging relationships	0	0
Discontinued hedging relationships	(2)	(3)
Total	(2)	(3)
Investment securities - AFS
Assets
Carrying amount of the hedged items	71,464	139,684
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged items:
Active hedging relationships	906	3,572
Discontinued hedging relationships	558	847
Total	1,464	4,419
Investment securities - AFS | Not designated as hedges
Assets
Carrying amount of the hedged items	$ 12,600	$ 14,500

Derivative Instruments - Impa_3

Derivative Instruments - Impact on Statements of Income, Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivatives gains/(losses) recorded in income and other comprehensive income/(loss)
Recognition of (after-tax) net gains related to cash flow hedges in Income			$ 812
Maximum length of time hedged in forecasted transactions, terminated cash flow hedges			8 years
Maximum length of time hedged in forecasted transactions, open cash flow hedges			7 years
Cash Flow Hedging
Derivatives gains/(losses) recorded in income and other comprehensive income/(loss)
Amounts reclassified from AOCI to income	$ 326	$ 227	$ 930	$ 328
Amounts recorded in OCI	(267)	134	(1,844)	3,787
Total change in OCI for period	(593)	(93)	(2,774)	3,459
Cash Flow Hedging | Interest rate
Derivatives gains/(losses) recorded in income and other comprehensive income/(loss)
Amounts reclassified from AOCI to income	272	214	771	332
Amounts recorded in OCI	(232)	8	(1,871)	3,881
Total change in OCI for period	(504)	(206)	(2,642)	3,549
Cash Flow Hedging | Foreign exchange
Derivatives gains/(losses) recorded in income and other comprehensive income/(loss)
Amounts reclassified from AOCI to income	54	13	159	(4)
Amounts recorded in OCI	(35)	126	27	(94)
Total change in OCI for period	$ (89)	$ 113	$ (132)	$ (90)

Derivative Instruments - Impa_4

Derivative Instruments - Impact on Statements of Income, Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Unrealized gains/(losses) on investment securities
Gains/(losses) recorded in income and other comprehensive income/(loss)
Pre-tax gains (losses) reclassified related to liquidation of legal entity	$ 0		$ 0
Other Income | Unrealized gains/(losses) on investment securities
Gains/(losses) recorded in income and other comprehensive income/(loss)
Pre-tax gains (losses) reclassified related to liquidation of legal entity		$ 0		$ (8)
Net Investment Hedging | Foreign exchange
Gains/(losses) recorded in income and other comprehensive income/(loss)
Amounts recorded in income	(73)	(37)	(180)	(108)
Amounts recorded in OCI	$ 1,028	$ (868)	$ 1,958	$ 308

Derivative Instruments - Impa_5

Derivative Instruments - Impact on Statements of Income, Risk Management Derivatives (Details) - Risk Management Activities - Not designated as hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Gain (Loss) on Derivative Instruments, Net, Pretax [Abstract]
Derivatives gains/(losses) recorded in income	$ 320	$ 596	$ 823	$ 2,571
Interest rate
Gain (Loss) on Derivative Instruments, Net, Pretax [Abstract]
Derivatives gains/(losses) recorded in income	320	597	822	2,533
Credit
Gain (Loss) on Derivative Instruments, Net, Pretax [Abstract]
Derivatives gains/(losses) recorded in income	(14)	(19)	(81)	(58)
Foreign exchange
Gain (Loss) on Derivative Instruments, Net, Pretax [Abstract]
Derivatives gains/(losses) recorded in income	$ 14	$ 18	$ 82	$ 96

Derivative Instruments - Credit

Derivative Instruments - Credit Derivatives (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Maximum payout/Notional amount
Protection sold	$ (638,394)	$ (573,984)
Protection purchased with identical underlyings	681,521	609,365
Net protection (sold)/purchased	43,127	35,381
Other protection purchased	32,374	23,664
Total credit derivatives
Maximum payout/Notional amount
Protection sold	(638,394)	(573,984)
Protection purchased with identical underlyings	681,521	609,365
Net protection (sold)/purchased	43,127	35,381
Other protection purchased	19,629	13,416
Credit default swaps
Maximum payout/Notional amount
Protection sold	(577,311)	(533,900)
Protection purchased with identical underlyings	599,454	552,021
Net protection (sold)/purchased	22,143	18,121
Other protection purchased	3,198	2,786
Other credit derivatives
Maximum payout/Notional amount
Protection sold	(61,083)	(40,084)
Protection purchased with identical underlyings	82,067	57,344
Net protection (sold)/purchased	20,984	17,260
Other protection purchased	16,431	10,630
Credit-related notes
Maximum payout/Notional amount
Protection sold	0	0
Protection purchased with identical underlyings	0	0
Net protection (sold)/purchased	0	0
Other protection purchased	$ 12,745	$ 10,248

Derivative Instruments - Cred_2

Derivative Instruments - Credit Derivatives, Protection Sold, Notional and Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Protection sold credit derivatives ratings/maturity profile
Protection sold credit derivatives ratings/maturity profile - less than 1 year	$ (147,740)	$ (125,338)
Protection sold credit derivatives ratings/maturity profile - from 1-5 years	(387,760)	(404,167)
Protection sold credit derivatives ratings/maturity profile - more than 5 years	(102,894)	(44,479)
Total notional amount	(638,394)	(573,984)
Fair value of receivables	7,106	9,325
Fair value of payables	(2,483)	(3,376)
Net fair value	4,623	5,949
Investment-grade
Protection sold credit derivatives ratings/maturity profile
Protection sold credit derivatives ratings/maturity profile - less than 1 year	(116,560)	(93,529)
Protection sold credit derivatives ratings/maturity profile - from 1-5 years	(291,195)	(306,830)
Protection sold credit derivatives ratings/maturity profile - more than 5 years	(78,593)	(35,326)
Total notional amount	(486,348)	(435,685)
Fair value of receivables	3,996	5,372
Fair value of payables	(597)	(834)
Net fair value	3,399	4,538
Noninvestment-grade
Protection sold credit derivatives ratings/maturity profile
Protection sold credit derivatives ratings/maturity profile - less than 1 year	(31,180)	(31,809)
Protection sold credit derivatives ratings/maturity profile - from 1-5 years	(96,565)	(97,337)
Protection sold credit derivatives ratings/maturity profile - more than 5 years	(24,301)	(9,153)
Total notional amount	(152,046)	(138,299)
Fair value of receivables	3,110	3,953
Fair value of payables	(1,886)	(2,542)
Net fair value	$ 1,224	$ 1,411

Noninterest Revenue and Nonin_3

Noninterest Revenue and Noninterest Expense - Investment Banking Fees (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Schedule of Noninterest revenue [Line Items]
Underwriting	$ 2,053	$ 1,755	$ 6,882	$ 5,379
Advisory	1,229	432	2,840	1,524
Total investment banking fees	3,282	2,187	9,722	6,903
Equity
Schedule of Noninterest revenue [Line Items]
Underwriting	1,034	736	3,169	2,037
Debt
Schedule of Noninterest revenue [Line Items]
Underwriting	$ 1,019	$ 1,019	$ 3,713	$ 3,342

Noninterest Revenue and Nonin_4

Noninterest Revenue and Noninterest Expense - Principal Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Principal transactions revenue
Total trading revenue	$ 3,661	$ 4,108	$ 14,152	$ 14,656
Private equity gains/(losses)	(115)	34	(30)	44
Principal transactions	3,546	4,142	14,122	14,700
Interest rate
Principal transactions revenue
Total trading revenue	339	287	1,726	2,258
Credit
Principal transactions revenue
Total trading revenue	496	950	2,525	2,201
Foreign exchange
Principal transactions revenue
Total trading revenue	648	714	2,287	3,606
Equity
Principal transactions revenue
Total trading revenue	1,863	1,410	6,449	4,816
Commodity
Principal transactions revenue
Total trading revenue	$ 315	$ 747	$ 1,165	$ 1,775

Noninterest Revenue and Nonin_5

Noninterest Revenue and Noninterest Expense - Lending and Deposit-Related Fees (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Noninterest Income (Expense) [Abstract]
Lending-related fees	$ 374	$ 337	$ 1,102	$ 916
Deposit-related fees	1,427	1,310	4,146	3,868
Total lending- and deposit-related fees	$ 1,801	$ 1,647	$ 5,248	$ 4,784

Noninterest Revenue and Nonin_6

Noninterest Revenue and Noninterest Expense - Asset Management, Administration and Commissions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Asset management fees
Investment management fees	$ 3,554	$ 2,937	$ 10,232	$ 8,439
All other asset management fees	94	85	283	253
Total asset management fees	3,648	3,022	10,515	8,692
Total administration fees	642	561	1,925	1,661
Commissions and other fees
Brokerage commissions	719	645	2,280	2,224
All other commissions and fees	248	242	760	699
Total commissions and fees	967	887	3,040	2,923
Total asset management, administration and commissions	$ 5,257	$ 4,470	$ 15,480	$ 13,276

Noninterest Revenue and Nonin_7

Noninterest Revenue and Noninterest Expense - Card Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Total card income	$ 1,005	$ 1,169	$ 4,002	$ 3,138
Interchange and merchant processing income
Disaggregation of Revenue [Line Items]
Total card income	6,117	4,757	16,959	13,479
Rewards costs and partner payments
Disaggregation of Revenue [Line Items]
Total card income	(4,860)	(3,497)	(12,676)	(9,895)
Other card income
Disaggregation of Revenue [Line Items]
Total card income	$ (252)	$ (91)	$ (281)	$ (446)

Noninterest Revenue and Nonin_8

Noninterest Revenue and Noninterest Expense - Components of Noninterest Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Noninterest Income (Expense) [Abstract]
Legal expense	$ 76	$ 524	$ 289	$ 839
FDIC-related expense	$ 173	$ 186	$ 551	$ 503

Interest Income and Interest _3

Interest Income and Interest Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest income
Loans	$ 10,445	$ 10,215	$ 30,777	$ 33,409
Taxable securities	1,553	1,816	4,735	6,203
Non-taxable securities	262	294	809	901
Total investment securities	1,815	2,110	5,544	7,104
Trading assets - debt instruments	1,682	1,850	5,175	5,980
Federal funds sold and securities purchased under resale agreements	231	401	639	2,097
Securities borrowed	(73)	(128)	(240)	(151)
Deposits with banks	174	69	342	708
All other interest-earning assets	206	183	608	826
Total interest income	14,480	14,700	42,845	49,973
Interest expense
Interest-bearing deposits	126	245	404	2,169
Federal funds purchased and securities loaned or sold under repurchase agreements	119	105	194	1,023
Short-term borrowings	31	60	97	335
Trading liabilities – debt and all other interest-bearing liabilities	52	(51)	130	278
Long-term debt	1,054	1,293	3,244	4,679
Beneficial interest issued by consolidated VIEs	18	35	66	184
Total interest expense	1,400	1,687	4,135	8,668
Net interest income	13,080	13,013	38,710	41,305
Provision for credit losses	(1,527)	611	(7,968)	19,369
Net interest income after provision for credit losses	$ 14,607	$ 12,402	$ 46,678	$ 21,936

Pension and Other Postretirem_3

Pension and Other Postretirement Employee Benefit Plans - Net Periodic Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Amortization:
Total net periodic defined benefit plan cost/(credit)	$ (65)	$ (74)	$ (184)	$ (218)
Total defined contribution plans	327	340	998	960
Total pension and OPEB cost included in noninterest expense	262	266	814	742
Pension plans | U.S.
Components of net periodic benefit cost, U.S. defined benefit pension plans
Benefits earned during the period	0	0	1	1
Interest cost on benefit obligations	85	105	256	316
Expected return on plan assets	(129)	(158)	(387)	(475)
Amortization:
Net (gain)/loss	3	2	8	5
Net periodic defined benefit plan cost/(credit), U.S. defined benefit pension plans	(41)	(51)	(122)	(153)
OPEB plans
Amortization:
Other defined benefit pension and OPEB plans	$ (24)	$ (23)	$ (62)	$ (65)

Pension and Other Postretirem_4

Pension and Other Postretirement Employee Benefit Plans - Schedule of Fair Values of Plan Assets (Details) - USD ($) $ in Billions	Sep. 30, 2021	Dec. 31, 2020
Pension plans | U.S.
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 17.5	$ 17.6
OPEB plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 7.9	$ 7.8

Employee Share-based Incentiv_3

Employee Share-based Incentives - Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
Cost of prior grants of RSUs, performance share units (“PSUs”), stock appreciation rights ("SARs") and stock options that are amortized over their applicable vesting periods	$ 283	$ 249	$ 919	$ 859
Accrual of estimated costs of share-based awards to be granted in future periods, predominantly those to full-career eligible employees	335	272	1,346	1,108
Total noncash compensation expense related to employee share-based incentive plans	$ 618	$ 521	$ 2,265	$ 1,967

Employee Share-based Incentiv_4

Employee Share-based Incentives - Narrative (Details) shares in Thousands	3 Months Ended
	Mar. 31, 2021$ / sharesshares
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares) | shares	17,000
Grants in period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 137.38
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares) | shares	678
Grants in period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 136.94

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2021	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Schedule of Held-to-maturity Securities [Line Items]
Amount of investment securities transferred from AFS to HTM for capital management purposes	$ 104,500
Approximate percentage rated at least AA+		98.00%	98.00%
Investment securities, allowance for credit losses		$ 73	$ 78	$ 120
Unrealized gains/(losses) on investment securities
Schedule of Held-to-maturity Securities [Line Items]
Pretax unrealized gains included in AOCI on the securities at the date of transfer	$ 425

Investment Securities - Amortiz

Investment Securities - Amortized Costs and Estimated Fair Values (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Available-for-sale securities
Amortized cost	$ 249,733,000,000		$ 249,733,000,000		$ 381,729,000,000
Gross unrealized gains	3,189,000,000		3,189,000,000		6,705,000,000
Gross unrealized losses	1,332,000,000		1,332,000,000		256,000,000
Fair value	251,590,000,000		251,590,000,000		388,178,000,000
Held-to-maturity securities
Amortized cost	343,542,000,000		343,542,000,000		201,821,000,000
Gross unrealized gains	2,571,000,000		2,571,000,000		3,712,000,000
Gross unrealized losses	1,720,000,000		1,720,000,000		61,000,000
Fair value	344,393,000,000		344,393,000,000		205,472,000,000
Total investment securities, net of allowance for credit losses
Amortized cost	593,275,000,000		593,275,000,000		583,550,000,000
Gross unrealized gains	5,760,000,000		5,760,000,000		10,417,000,000
Gross unrealized losses	3,052,000,000		3,052,000,000		317,000,000
Fair value	595,983,000,000		595,983,000,000		593,650,000,000
HTM securities purchased	15,900,000,000	$ 514,000,000	79,000,000,000	$ 5,500,000,000
Investment securities, allowance for credit losses	73,000,000	120,000,000	73,000,000	120,000,000	78,000,000
Accrued interest receivables on HTM securities	1,800,000,000		1,800,000,000		2,100,000,000
Accrued interest receivables reversed through interest income	0	$ 0	0	$ 0
Total mortgage-backed securities
Available-for-sale securities
Amortized cost	82,130,000,000		82,130,000,000		123,795,000,000
Gross unrealized gains	1,226,000,000		1,226,000,000		2,687,000,000
Gross unrealized losses	802,000,000		802,000,000		92,000,000
Fair value	82,554,000,000		82,554,000,000		126,390,000,000
Held-to-maturity securities
Amortized cost	111,845,000,000		111,845,000,000		114,836,000,000
Gross unrealized gains	1,947,000,000		1,947,000,000		3,053,000,000
Gross unrealized losses	476,000,000		476,000,000		59,000,000
Fair value	113,316,000,000		113,316,000,000		117,830,000,000
Total mortgage-backed securities | Fannie Mae
Total investment securities, net of allowance for credit losses
Securities exceeding 10% of total stockholders' equity, Amortized cost	69,500,000,000		69,500,000,000
Securities exceeding 10% of total stockholders' equity, Fair value	71,100,000,000		71,100,000,000
Total mortgage-backed securities | Freddie Mac
Total investment securities, net of allowance for credit losses
Securities exceeding 10% of total stockholders' equity, Amortized cost	46,300,000,000		46,300,000,000
Securities exceeding 10% of total stockholders' equity, Fair value	46,300,000,000		46,300,000,000
U.S. GSEs and government agencies
Available-for-sale securities
Amortized cost	72,749,000,000		72,749,000,000		110,979,000,000
Gross unrealized gains	1,091,000,000		1,091,000,000		2,372,000,000
Gross unrealized losses	791,000,000		791,000,000		50,000,000
Fair value	73,049,000,000		73,049,000,000		113,301,000,000
Held-to-maturity securities
Amortized cost	101,086,000,000		101,086,000,000		107,889,000,000
Gross unrealized gains	1,923,000,000		1,923,000,000		2,968,000,000
Gross unrealized losses	412,000,000		412,000,000		29,000,000
Fair value	102,597,000,000		102,597,000,000		110,828,000,000
Residential: U.S.
Available-for-sale securities
Amortized cost	2,265,000,000		2,265,000,000		6,246,000,000
Gross unrealized gains	58,000,000		58,000,000		224,000,000
Gross unrealized losses	0		0		3,000,000
Fair value	2,323,000,000		2,323,000,000		6,467,000,000
Held-to-maturity securities
Amortized cost	7,021,000,000		7,021,000,000		4,345,000,000
Gross unrealized gains	4,000,000		4,000,000		8,000,000
Gross unrealized losses	43,000,000		43,000,000		30,000,000
Fair value	6,982,000,000		6,982,000,000		4,323,000,000
Residential: Non-U.S.
Available-for-sale securities
Amortized cost	4,014,000,000		4,014,000,000		3,751,000,000
Gross unrealized gains	36,000,000		36,000,000		20,000,000
Gross unrealized losses	0		0		5,000,000
Fair value	4,050,000,000		4,050,000,000		3,766,000,000
Commercial
Available-for-sale securities
Amortized cost	3,102,000,000		3,102,000,000		2,819,000,000
Gross unrealized gains	41,000,000		41,000,000		71,000,000
Gross unrealized losses	11,000,000		11,000,000		34,000,000
Fair value	3,132,000,000		3,132,000,000		2,856,000,000
Held-to-maturity securities
Amortized cost	3,738,000,000		3,738,000,000		2,602,000,000
Gross unrealized gains	20,000,000		20,000,000		77,000,000
Gross unrealized losses	21,000,000		21,000,000		0
Fair value	3,737,000,000		3,737,000,000		2,679,000,000
U.S. Treasury and government agencies
Available-for-sale securities
Amortized cost	121,227,000,000		121,227,000,000		199,910,000,000
Gross unrealized gains	730,000,000		730,000,000		2,141,000,000
Gross unrealized losses	486,000,000		486,000,000		100,000,000
Fair value	121,471,000,000		121,471,000,000		201,951,000,000
Held-to-maturity securities
Amortized cost	182,368,000,000		182,368,000,000		53,184,000,000
Gross unrealized gains	133,000,000		133,000,000		50,000,000
Gross unrealized losses	1,225,000,000		1,225,000,000		0
Fair value	181,276,000,000		181,276,000,000		53,234,000,000
Obligations of U.S. states and municipalities
Available-for-sale securities
Amortized cost	16,471,000,000		16,471,000,000		18,993,000,000
Gross unrealized gains	1,049,000,000		1,049,000,000		1,404,000,000
Gross unrealized losses	5,000,000		5,000,000		1,000,000
Fair value	17,515,000,000		17,515,000,000		20,396,000,000
Held-to-maturity securities
Amortized cost	13,465,000,000		13,465,000,000		12,751,000,000
Gross unrealized gains	397,000,000		397,000,000		519,000,000
Gross unrealized losses	9,000,000		9,000,000		0
Fair value	13,853,000,000		13,853,000,000		13,270,000,000
Non-U.S. government debt securities
Available-for-sale securities
Amortized cost	15,738,000,000		15,738,000,000		22,587,000,000
Gross unrealized gains	111,000,000		111,000,000		354,000,000
Gross unrealized losses	24,000,000		24,000,000		13,000,000
Fair value	15,825,000,000		15,825,000,000		22,928,000,000
Corporate debt securities
Available-for-sale securities
Amortized cost	263,000,000		263,000,000		215,000,000
Gross unrealized gains	6,000,000		6,000,000		4,000,000
Gross unrealized losses	9,000,000		9,000,000		3,000,000
Fair value	260,000,000		260,000,000		216,000,000
Asset-backed securities: Collateralized loan obligations
Available-for-sale securities
Amortized cost	9,133,000,000		9,133,000,000		10,055,000,000
Gross unrealized gains	8,000,000		8,000,000		24,000,000
Gross unrealized losses	4,000,000		4,000,000		31,000,000
Fair value	9,137,000,000		9,137,000,000		10,048,000,000
Held-to-maturity securities
Amortized cost	33,664,000,000		33,664,000,000		21,050,000,000
Gross unrealized gains	90,000,000		90,000,000		90,000,000
Gross unrealized losses	9,000,000		9,000,000		2,000,000
Fair value	33,745,000,000		33,745,000,000		21,138,000,000
Asset-backed securities: Other
Available-for-sale securities
Amortized cost	4,771,000,000		4,771,000,000		6,174,000,000
Gross unrealized gains	59,000,000		59,000,000		91,000,000
Gross unrealized losses	2,000,000		2,000,000		16,000,000
Fair value	4,828,000,000		4,828,000,000		6,249,000,000
Held-to-maturity securities
Amortized cost	2,200,000,000		2,200,000,000		0
Gross unrealized gains	4,000,000		4,000,000		0
Gross unrealized losses	1,000,000		1,000,000		0
Fair value	2,203,000,000		2,203,000,000		0
U.S. GSE obligations
Available-for-sale securities
Fair value	44,100,000,000		44,100,000,000		65,800,000,000
Held-to-maturity securities
Amortized cost	$ 71,900,000,000		$ 71,900,000,000		$ 86,300,000,000

Investment Securities - Fair Va

Investment Securities - Fair Value and Gross Unrealized Losses by Aging Category (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Available-for-sale securities
Less than 12 months, Fair value	$ 11,788	$ 12,133
Less than 12 months, Gross unrealized losses	40	57
12 months or more, Fair Value	1,351	4,694
12 months or more, Gross unrealized losses	15	49
Total fair value	13,139	16,827
Total gross unrealized losses	55	106
Total mortgage-backed securities
Available-for-sale securities
Less than 12 months, Fair value	456	3,768
Less than 12 months, Gross unrealized losses	5	25
12 months or more, Fair Value	394	391
12 months or more, Gross unrealized losses	6	17
Total fair value	850	4,159
Total gross unrealized losses	11	42
U.S. GSEs and government agencies
Available-for-sale securities
Total fair value	1,300	150
Residential: U.S.
Available-for-sale securities
Less than 12 months, Fair value	72	562
Less than 12 months, Gross unrealized losses	0	3
12 months or more, Fair Value	31	32
12 months or more, Gross unrealized losses	0	0
Total fair value	103	594
Total gross unrealized losses	0	3
Residential: Non-U.S.
Available-for-sale securities
Less than 12 months, Fair value	134	2,507
Less than 12 months, Gross unrealized losses	0	4
12 months or more, Fair Value	0	235
12 months or more, Gross unrealized losses	0	1
Total fair value	134	2,742
Total gross unrealized losses	0	5
Commercial
Available-for-sale securities
Less than 12 months, Fair value	250	699
Less than 12 months, Gross unrealized losses	5	18
12 months or more, Fair Value	363	124
12 months or more, Gross unrealized losses	6	16
Total fair value	613	823
Total gross unrealized losses	11	34
Obligations of U.S. states and municipalities
Available-for-sale securities
Less than 12 months, Fair value	271	49
Less than 12 months, Gross unrealized losses	5	1
12 months or more, Fair Value	0	0
12 months or more, Gross unrealized losses	0	0
Total fair value	271	49
Total gross unrealized losses	5	1
Non-U.S. government debt securities
Available-for-sale securities
Less than 12 months, Fair value	5,031	2,709
Less than 12 months, Gross unrealized losses	17	9
12 months or more, Fair Value	441	968
12 months or more, Gross unrealized losses	7	4
Total fair value	5,472	3,677
Total gross unrealized losses	24	13
Corporate debt securities
Available-for-sale securities
Less than 12 months, Fair value	149	91
Less than 12 months, Gross unrealized losses	9	3
12 months or more, Fair Value	40	5
12 months or more, Gross unrealized losses	0	0
Total fair value	189	96
Total gross unrealized losses	9	3
Asset-backed securities: Collateralized loan obligations
Available-for-sale securities
Less than 12 months, Fair value	4,381	5,248
Less than 12 months, Gross unrealized losses	4	18
12 months or more, Fair Value	270	2,645
12 months or more, Gross unrealized losses	0	13
Total fair value	4,651	7,893
Total gross unrealized losses	4	31
Asset-backed securities: Other
Available-for-sale securities
Less than 12 months, Fair value	1,500	268
Less than 12 months, Gross unrealized losses	0	1
12 months or more, Fair Value	206	685
12 months or more, Gross unrealized losses	2	15
Total fair value	1,706	953
Total gross unrealized losses	$ 2	$ 16

Investment Securities - Realize

Investment Securities - Realized Gains and Losses and Provision for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Securities gains and losses
Realized gains	$ 60	$ 1,123	$ 481	$ 2,842
Realized losses	(316)	(650)	(878)	(2,110)
Investment securities gains/(losses)	(256)	473	(397)	732
Provision for credit losses	$ (14)	$ 97	$ (5)	$ 110

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Estimated Fair Value by Contractual Maturity (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Available-for-sale securities, Amortized cost
Due in one year or less	$ 13,376
Due after one year through five years	97,339
Due after five years through 10 years	33,793
Due after 10 years	105,228
Amortized cost	249,736
Available-for-sale securities, Fair value
Due in one year or less	13,428
Due after one year through five years	97,529
Due after five years through 10 years	34,163
Due after 10 years	106,470
Fair value	$ 251,590	$ 388,178
Available-for-sale securities, Average yield
Due in one year or less	1.65%
Due after one year through five years	0.70%
Due after five years through 10 years	1.09%
Due after 10 years	2.48%
Average yield	1.56%
Total held-to-maturity securities, Amortized cost
Due in one year or less	$ 14,411
Due after one year through five years	98,909
Due after five years through 10 years	96,509
Due after 10 years	133,783
Amortized cost	343,612
Total held-to-maturity securities, Fair value
Due in one year or less	14,418
Due after one year through five years	98,661
Due after five years through 10 years	96,242
Due after 10 years	135,072
Fair value	$ 344,393	205,472
Total held-to-maturity securities, Average yield
Due in one year or less	0.66%
Due after one year through five years	0.67%
Due after five years through 10 years	1.44%
Due after 10 years	2.71%
Average yield	1.68%
Supplemental information
US government agencies and US government sponsored enterprises residential MBS estimated duration	6 years
US government agencies and US government sponsored enterprises residential collateralized mortgage obligations estimated duration	4 years
U.S. nonagency residential collateralized mortgage obligations estimated duration	3 years
Minimum
Supplemental information
Due period of mortgage-backed securities and collateralized mortgage obligations	10 years
Mortgage-backed securities
Available-for-sale securities, Amortized cost
Due in one year or less	$ 0
Due after one year through five years	2,882
Due after five years through 10 years	5,326
Due after 10 years	73,925
Amortized cost	82,133
Available-for-sale securities, Fair value
Due in one year or less	0
Due after one year through five years	2,916
Due after five years through 10 years	5,650
Due after 10 years	73,988
Fair value	$ 82,554	126,390
Available-for-sale securities, Average yield
Due in one year or less	0.00%
Due after one year through five years	1.47%
Due after five years through 10 years	1.79%
Due after 10 years	2.33%
Average yield	2.26%
Total held-to-maturity securities, Amortized cost
Due in one year or less	$ 0
Due after one year through five years	1,029
Due after five years through 10 years	11,737
Due after 10 years	99,091
Amortized cost	111,857
Total held-to-maturity securities, Fair value
Due in one year or less	0
Due after one year through five years	1,050
Due after five years through 10 years	12,197
Due after 10 years	100,069
Fair value	$ 113,316	117,830
Total held-to-maturity securities, Average yield
Due in one year or less	0.00%
Due after one year through five years	1.68%
Due after five years through 10 years	2.42%
Due after 10 years	2.90%
Average yield	2.84%
U.S. Treasury and government agencies
Available-for-sale securities, Amortized cost
Due in one year or less	$ 5,111
Due after one year through five years	88,001
Due after five years through 10 years	19,610
Due after 10 years	8,505
Amortized cost	121,227
Available-for-sale securities, Fair value
Due in one year or less	5,150
Due after one year through five years	88,082
Due after five years through 10 years	19,581
Due after 10 years	8,658
Fair value	$ 121,471	201,951
Available-for-sale securities, Average yield
Due in one year or less	1.28%
Due after one year through five years	0.53%
Due after five years through 10 years	0.68%
Due after 10 years	0.50%
Average yield	0.58%
Total held-to-maturity securities, Amortized cost
Due in one year or less	$ 14,376
Due after one year through five years	97,814
Due after five years through 10 years	70,178
Due after 10 years	0
Amortized cost	182,368
Total held-to-maturity securities, Fair value
Due in one year or less	14,383
Due after one year through five years	97,545
Due after five years through 10 years	69,348
Due after 10 years	0
Fair value	$ 181,276	53,234
Total held-to-maturity securities, Average yield
Due in one year or less	0.65%
Due after one year through five years	0.66%
Due after five years through 10 years	1.29%
Due after 10 years	0.00%
Average yield	0.90%
Obligations of U.S. states and municipalities
Available-for-sale securities, Amortized cost
Due in one year or less	$ 15
Due after one year through five years	167
Due after five years through 10 years	1,216
Due after 10 years	15,073
Amortized cost	16,471
Available-for-sale securities, Fair value
Due in one year or less	16
Due after one year through five years	172
Due after five years through 10 years	1,277
Due after 10 years	16,050
Fair value	$ 17,515	20,396
Available-for-sale securities, Average yield
Due in one year or less	3.91%
Due after one year through five years	4.37%
Due after five years through 10 years	4.88%
Due after 10 years	5.01%
Average yield	4.99%
Total held-to-maturity securities, Amortized cost
Due in one year or less	$ 35
Due after one year through five years	66
Due after five years through 10 years	1,059
Due after 10 years	12,363
Amortized cost	13,523
Total held-to-maturity securities, Fair value
Due in one year or less	35
Due after one year through five years	66
Due after five years through 10 years	1,105
Due after 10 years	12,647
Fair value	$ 13,853	13,270
Total held-to-maturity securities, Average yield
Due in one year or less	3.78%
Due after one year through five years	2.67%
Due after five years through 10 years	3.67%
Due after 10 years	3.84%
Average yield	3.82%
Non-U.S. government debt securities
Available-for-sale securities, Amortized cost
Due in one year or less	$ 6,750
Due after one year through five years	4,980
Due after five years through 10 years	3,811
Due after 10 years	197
Amortized cost	15,738
Available-for-sale securities, Fair value
Due in one year or less	6,762
Due after one year through five years	5,050
Due after five years through 10 years	3,816
Due after 10 years	197
Fair value	$ 15,825	22,928
Available-for-sale securities, Average yield
Due in one year or less	2.02%
Due after one year through five years	2.54%
Due after five years through 10 years	0.84%
Due after 10 years	0.38%
Average yield	1.88%
Corporate debt securities
Available-for-sale securities, Amortized cost
Due in one year or less	$ 0
Due after one year through five years	233
Due after five years through 10 years	30
Due after 10 years	0
Amortized cost	263
Available-for-sale securities, Fair value
Due in one year or less	0
Due after one year through five years	228
Due after five years through 10 years	32
Due after 10 years	0
Fair value	$ 260	$ 216
Available-for-sale securities, Average yield
Due in one year or less	0.00%
Due after one year through five years	7.74%
Due after five years through 10 years	1.63%
Due after 10 years	0.00%
Average yield	7.01%
Asset-backed securities
Available-for-sale securities, Amortized cost
Due in one year or less	$ 1,500
Due after one year through five years	1,076
Due after five years through 10 years	3,800
Due after 10 years	7,528
Amortized cost	13,904
Available-for-sale securities, Fair value
Due in one year or less	1,500
Due after one year through five years	1,081
Due after five years through 10 years	3,807
Due after 10 years	7,577
Fair value	$ 13,965
Available-for-sale securities, Average yield
Due in one year or less	1.19%
Due after one year through five years	1.93%
Due after five years through 10 years	1.27%
Due after 10 years	1.26%
Average yield	1.31%
Total held-to-maturity securities, Amortized cost
Due in one year or less	$ 0
Due after one year through five years	0
Due after five years through 10 years	13,535
Due after 10 years	22,329
Amortized cost	35,864
Total held-to-maturity securities, Fair value
Due in one year or less	0
Due after one year through five years	0
Due after five years through 10 years	13,592
Due after 10 years	22,356
Fair value	$ 35,948
Total held-to-maturity securities, Average yield
Due in one year or less	0.00%
Due after one year through five years	0.00%
Due after five years through 10 years	1.19%
Due after 10 years	1.25%
Average yield	1.23%

Securities Financing Activiti_3

Securities Financing Activities - Gross and Net Amounts of Securities Financing Agreements (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Assets
Securities purchased under resale agreements, Gross amounts	$ 569,373	$ 666,467
Securities purchased under resale agreements, Amounts netted on the Consolidated balance sheets	(287,212)	(370,183)
Securities purchased under resale agreements, Amounts presented on the Consolidated balance sheets	282,161	296,284
Securities purchased under resale agreements, Amounts not nettable on the Consolidated balance sheets	(269,113)	(273,206)
Securities purchased under resale agreements, Net amounts	13,048	23,078
Securities borrowed, Gross amounts	243,904	193,700
Securities borrowed, Amounts netted on the Consolidated balance sheets	(40,917)	(33,065)
Securities borrowed, Amounts presented on the Consolidated balance sheets	202,987	160,635
Securities borrowed, Amounts not nettable on the Consolidated balance sheets	(149,458)	(115,219)
Securities borrowed, Net amounts	53,529	45,416
Liabilities
Securities sold under repurchase agreements, Gross amounts	533,390	578,060
Securities sold under repurchase agreements, Amounts netted on the Consolidated balance sheets	(287,212)	(370,183)
Securities sold under repurchase agreements, Amounts presented on the Consolidated balance sheets	246,178	207,877
Securities sold under repurchase agreements, Amounts not nettable on the Consolidated balance sheets	(222,187)	(191,980)
Securities sold under repurchase agreements, Net amounts	23,991	15,897
Securities loaned and other, Gross amounts	52,735	41,366
Securities loaned and other, Amounts netted on the Consolidated balance sheets	(40,917)	(33,065)
Securities loaned and other, Amounts presented on the Consolidated balance sheets	11,818	8,301
Securities loaned and other, Amounts not nettable on the Consolidated balance sheets	(11,362)	(8,257)
Securities loaned and other, Net amounts	456	44
Securities purchased under resale agreements where an appropriate legal opinion has not been either sought or obtained, Gross asset balance	10,600	17,000
Securities borrowed where an appropriate legal opinion has not been either sought or obtained	49,000	42,100
Securities sold under agreements to repurchase	22,600	14,500
Securities loaned and other	203	8
Securities-for-securities
Liabilities
Securities loaned and other, Amounts presented on the Consolidated balance sheets	$ 5,300	$ 3,400

Securities Financing Activiti_4

Securities Financing Activities - Types of Financial Assets Pledged and Remaining Maturity (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	$ 533,390	$ 578,060
Securities loaned and other	52,735	41,366
Overnight and continuous
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	223,354	238,667
Securities loaned and other	51,764	37,887
Up to 30 days
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	201,325	230,980
Securities loaned and other	76	1,647
30 – 90 days
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	40,302	70,777
Securities loaned and other	0	500
Greater than 90 days
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	68,409	37,636
Securities loaned and other	895	1,332
Mortgage-backed securities, U.S. GSEs and government agencies
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	21,919	56,744
Securities loaned and other	0	0
Mortgage-backed securities, Residential - nonagency
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	722	1,016
Securities loaned and other	0	0
Mortgage-backed securities, Commercial - nonagency
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	1,065	855
Securities loaned and other	0	0
U.S. Treasury, GSEs and government agencies
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	280,004	315,834
Securities loaned and other	230	143
Obligations of U.S. states and municipalities
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	1,726	1,525
Securities loaned and other	8	2
Non-U.S. government debt
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	155,164	157,563
Securities loaned and other	2,021	1,730
Corporate debt securities
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	35,682	22,849
Securities loaned and other	1,325	1,864
Asset-backed securities
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	703	694
Securities loaned and other	0	0
Equity securities
Securities Financing Transaction [Line Items]
Securities sold under repurchase agreements	36,405	20,980
Securities loaned and other	$ 49,151	$ 37,627

Securities Financing Activiti_5

Securities Financing Activities - Transfers Not Qualifying for Sale Accounting (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Securities Financing Transactions Disclosures [Abstract]
Transfers not qualifying for sale accounting	$ 484	$ 598

Loans - Narrative (Details)

Loans - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)loan_segment	Sep. 30, 2020USD ($)	Dec. 31, 2020loan_segment
Receivables [Abstract]
Number of portfolio segments | loan_segment			3		3
Net gains (losses) on sales of loans and lending-related commitments	$ 31	$ 113	$ 225	$ (75)
Net gains (losses) on sales of loans	$ 30	$ 24	$ 211	$ (76)

Loans - By Portfolio Segment (D

Loans - By Portfolio Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Loan balances by portfolio segment:
Retained loans	$ 974,260	$ 945,537	$ 974,260	$ 945,537	$ 960,506
Held-for-sale	9,727		9,727		7,873
At fair value	60,628		60,628		44,474
Total	1,044,615		1,044,615		1,012,853
Accrued interest receivables	2,700		2,700		2,900
Accrued interest receivables written off	10	34	30	82
Consumer, excluding credit card
Loan balances by portfolio segment:
Retained loans	298,308	305,106	298,308	305,106	302,127
Held-for-sale	1,407		1,407		1,305
At fair value	28,449		28,449		15,147
Total	328,164		328,164		318,579
Credit card
Loan balances by portfolio segment:
Retained loans	143,166		143,166		143,432
Held-for-sale	0		0		784
At fair value	0		0		0
Total	143,166		143,166		144,216
Wholesale
Loan balances by portfolio segment:
Retained loans	532,786	$ 500,841	532,786	$ 500,841	514,947
Held-for-sale	8,320		8,320		5,784
At fair value	32,179		32,179		29,327
Total	$ 573,285		$ 573,285		$ 550,058

Loans - Purchased, Sold and Rec

Loans - Purchased, Sold and Reclassified to Held-for-Sale (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	$ 346	$ 2,089	$ 1,175	$ 4,117
Sales	7,826	4,578	22,488	13,927
Retained loans reclassified to held-for-sale	919	2,185	2,832	3,763
Consumer, excluding credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	101	1,780	403	3,180
Sales	0	0	181	348
Retained loans reclassified to held-for-sale	522	995	771	1,822
Excluded retained loans purchased from correspondents that were originated in accordance with the Firm's underwriting standards	7,300	3,100	19,300	10,500
Credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0	0	0
Sales	0	0	0	0
Retained loans reclassified to held-for-sale	0	787	0	787
Wholesale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	245	309	772	937
Sales	7,826	4,578	22,307	13,579
Retained loans reclassified to held-for-sale	$ 397	$ 403	$ 2,061	$ 1,154

Loans - Consumer, Excluding Cre

Loans - Consumer, Excluding Credit Card Loan Portfolio (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 974,260	$ 960,506	$ 945,537
Consumer, excluding credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	298,308	302,127	$ 305,106
Consumer, excluding credit card | Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	221,671	225,302
Consumer, excluding credit card | Auto and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	76,637	76,825
Consumer, excluding credit card | Auto and other | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 11,100	$ 19,200

Loans - Consumer, Excluding C_2

Loans - Consumer, Excluding Credit Card Loan Portfolio, Residential Real Estate (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 974,260	$ 960,506	$ 945,537
Consumer, excluding credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	298,308	302,127	$ 305,106
Consumer, excluding credit card | 30 or more days past due | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	31	40
Consumer, excluding credit card | Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	50,911	56,588
Term loans originated in 2020/2019	51,590	31,859
Term loans originated in 2019/2018	21,082	13,930
Term loans originated in 2018/2017	8,980	20,450
Term loans originated in 2017/2016	13,254	28,025
Term loans originated prior to 2017/2016	56,097	50,736
Revolving loans within the revolving period	6,728	7,945
Revolving loans converted to term loans	13,029	15,769
Total retained loans	$ 221,671	$ 225,302
% of 30 plus days past due to total retained loans, Term loans originated in 2021/2020	0.02%	0.02%
% of 30 plus days past due to total retained loans, Term loans originated in 2020/2019	0.03%	0.12%
% of 30 plus days past due to total retained loans, Term loans originated in 2019/2018	0.11%	0.22%
% of 30 plus days past due to total retained loans, Term loans originated in 2018/2017	0.24%	0.20%
% of 30 plus days past due to total retained loans, Term loans originated in 2017/2016	0.17%	0.17%
% of 30 plus days past due to total retained loans, Term loans originated prior to 2017/2016	2.45%	2.91%
% of 30 plus days past due to total retained loans, Revolving loans within the revolving period	0.31%	0.54%
% of 30 plus days past due to total retained loans, Revolving loans converted to term loans	3.33%	3.23%
% of 30 plus days past due to total retained loans	0.87%	0.98%
Consumer, excluding credit card | Residential real estate | Senior lien
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total revolving loans that are senior lien loans	36.00%
Consumer, excluding credit card | Residential real estate | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 72	$ 76
Consumer, excluding credit card | Residential real estate | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	50,900	56,576
Term loans originated in 2020/2019	51,577	31,820
Term loans originated in 2019/2018	21,058	13,900
Term loans originated in 2018/2017	8,958	20,410
Term loans originated in 2017/2016	13,231	27,978
Term loans originated prior to 2017/2016	54,691	49,218
Revolving loans within the revolving period	6,707	7,902
Revolving loans converted to term loans	12,595	15,260
Total retained loans	219,717	223,064
Consumer, excluding credit card | Residential real estate | Current | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	41	36
Consumer, excluding credit card | Residential real estate | 30–149 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	11	9
Term loans originated in 2020/2019	13	25
Term loans originated in 2019/2018	17	20
Term loans originated in 2018/2017	17	22
Term loans originated in 2017/2016	10	29
Term loans originated prior to 2017/2016	479	674
Revolving loans within the revolving period	16	21
Revolving loans converted to term loans	172	245
Total retained loans	735	1,045
Consumer, excluding credit card | Residential real estate | 30–149 days past due | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	11	16
Consumer, excluding credit card | Residential real estate | 150 or more days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	0	3
Term loans originated in 2020/2019	0	14
Term loans originated in 2019/2018	7	10
Term loans originated in 2018/2017	5	18
Term loans originated in 2017/2016	13	18
Term loans originated prior to 2017/2016	927	844
Revolving loans within the revolving period	5	22
Revolving loans converted to term loans	262	264
Total retained loans	1,219	1,193
Consumer, excluding credit card | Residential real estate | 150 or more days past due | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 20	$ 24

Loans - Consumer, Excluding C_3

Loans - Consumer, Excluding Credit Card Loan Portfolio, Residential Real Estate, Nonaccrual Loans and Other Credit Quality Indicators (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 974,260,000,000	$ 945,537,000,000	$ 974,260,000,000	$ 945,537,000,000	$ 960,506,000,000
Consumer, excluding credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	298,308,000,000	305,106,000,000	298,308,000,000	305,106,000,000	302,127,000,000
Consumer, excluding credit card | Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	4,794,000,000		4,794,000,000		5,313,000,000
Retained loans	$ 221,671,000,000		$ 221,671,000,000		$ 225,302,000,000
Weighted average LTV ratio	51.00%		51.00%		54.00%
Weighted average FICO	$ 764		$ 764		$ 763
Approximate percentage of Chapter 7 loans 30 days or more past due			7.00%
Interest income on nonaccrual loans recognized on a cash basis	41,000,000	$ 39,000,000	$ 127,000,000	$ 119,000,000
Consumer, excluding credit card | Residential real estate | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
90 or more days past due	25,000,000		25,000,000		33,000,000
Retained loans	72,000,000		72,000,000		76,000,000
Consumer, excluding credit card | Residential real estate | California
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	70,719,000,000		70,719,000,000		73,444,000,000
Consumer, excluding credit card | Residential real estate | New York
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	32,221,000,000		32,221,000,000		32,287,000,000
Consumer, excluding credit card | Residential real estate | Florida
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	15,439,000,000		15,439,000,000		13,981,000,000
Consumer, excluding credit card | Residential real estate | Texas
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	13,645,000,000		13,645,000,000		13,773,000,000
Consumer, excluding credit card | Residential real estate | Illinois
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	11,860,000,000		11,860,000,000		13,130,000,000
Consumer, excluding credit card | Residential real estate | Colorado
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	8,496,000,000		8,496,000,000		8,235,000,000
Consumer, excluding credit card | Residential real estate | Washington
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	8,071,000,000		8,071,000,000		7,917,000,000
Consumer, excluding credit card | Residential real estate | New Jersey
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	6,884,000,000		6,884,000,000		7,227,000,000
Consumer, excluding credit card | Residential real estate | Massachusetts
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	6,009,000,000		6,009,000,000		5,784,000,000
Consumer, excluding credit card | Residential real estate | Connecticut
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	5,188,000,000		5,188,000,000		5,024,000,000
Consumer, excluding credit card | Residential real estate | All other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	43,139,000,000		43,139,000,000		44,500,000,000
Consumer, excluding credit card | Residential real estate | All other | U.S. government-guaranteed
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	72,000,000		72,000,000		76,000,000
Consumer, excluding credit card | Residential real estate | 90 or more days past due and still accruing interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	0		0		0
Consumer, excluding credit card | Residential real estate | No FICO/LTV available
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	3,311,000,000		3,311,000,000		2,492,000,000
Consumer, excluding credit card | Residential real estate | Greater than 125% and refreshed FICO scores | Equal to or greater than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	12,000,000		12,000,000		6,000,000
Consumer, excluding credit card | Residential real estate | Greater than 125% and refreshed FICO scores | Less than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	3,000,000		3,000,000		12,000,000
Consumer, excluding credit card | Residential real estate | 101% to 125% and refreshed FICO scores | Equal to or greater than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	31,000,000		31,000,000		38,000,000
Consumer, excluding credit card | Residential real estate | 101% to 125% and refreshed FICO scores | Less than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	20,000,000		20,000,000		44,000,000
Consumer, excluding credit card | Residential real estate | 80% to 100% and refreshed FICO scores | Equal to or greater than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	2,146,000,000		2,146,000,000		2,177,000,000
Consumer, excluding credit card | Residential real estate | 80% to 100% and refreshed FICO scores | Less than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	103,000,000		103,000,000		239,000,000
Consumer, excluding credit card | Residential real estate | Lower than 80% and refreshed FICO scores | Equal to or greater than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	205,919,000,000		205,919,000,000		208,238,000,000
Consumer, excluding credit card | Residential real estate | Lower than 80% and refreshed FICO scores | Less than 660
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 10,054,000,000		$ 10,054,000,000		$ 11,980,000,000

Loans - Consumer, Excluding C_4

Loans - Consumer, Excluding Credit Card Loan Portfolio, Loan Modifications, Nature and Extent of Modifications (Details) - Consumer, excluding credit card - Residential real estate $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan
Financing Receivable, Impaired [Line Items]
New TDRs | $	$ 116	$ 199	$ 674	$ 537
Percentage, sum of items by type, may exceed			100.00%
Trial modification
Financing Receivable, Impaired [Line Items]
Number of loans modified	1,448	1,623	4,014	4,468
Permanent modification
Financing Receivable, Impaired [Line Items]
Number of loans modified	917	1,615	3,817	5,200
Interest rate reduction
Financing Receivable, Impaired [Line Items]
Concession granted	75.00%	40.00%	74.00%	51.00%
Term or payment extension
Financing Receivable, Impaired [Line Items]
Concession granted	64.00%	39.00%	49.00%	53.00%
Principal and/or interest deferred
Financing Receivable, Impaired [Line Items]
Concession granted	19.00%	21.00%	24.00%	12.00%
Principal forgiveness
Financing Receivable, Impaired [Line Items]
Concession granted	1.00%	1.00%	2.00%	2.00%
Other
Financing Receivable, Impaired [Line Items]
Concession granted	24.00%	65.00%	39.00%	65.00%

Loans - Consumer, Excluding C_5

Loans - Consumer, Excluding Credit Card Loan Portfolio, Financial Effects of Modifications and Redefaults (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)loan_payment	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Financing Receivable, Impaired [Line Items]
Carrying value	$ 974,260	$ 945,537	$ 974,260	$ 945,537	$ 960,506
Consumer, excluding credit card
Financing Receivable, Impaired [Line Items]
Carrying value	298,308	$ 305,106	$ 298,308	$ 305,106	302,127
Consumer, excluding credit card | Residential real estate
Financing Receivable, Impaired [Line Items]
Number of payments past due for deemed payment | loan_payment			2
Carrying value	221,671		$ 221,671		225,302
Consumer, excluding credit card | Residential real estate | In process of active or suspended foreclosure
Financing Receivable, Impaired [Line Items]
Carrying value	$ 693		$ 693		$ 846
Consumer, excluding credit card | Residential real estate | Maximum
Financing Receivable, Impaired [Line Items]
Number of years before payment default under a modified loan			1 year
Number of months before a payment redefault under modified loans			12 months
Consumer, excluding credit card | Residential real estate | Permanent modification
Financing Receivable, Impaired [Line Items]
Weighted-average interest rate of loans with interest rate reductions – before TDR	4.65%	4.99%	4.55%	5.10%
Weighted-average interest rate of loans with interest rate reductions – after TDR	2.89%	3.34%	2.91%	3.40%
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR	23 years	23 years	23 years	22 years
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR	37 years	39 years	37 years	39 years
Charge-offs recognized upon permanent modification	$ 0	$ 1	$ 0	$ 2
Principal deferred	5	3	23	12
Principal forgiven	0	1	1	4
Balance of loans that redefaulted within one year of permanent modification	$ 52	$ 65	$ 97	$ 173
Modifications, weighted-average remaining life			4 years

Loans - Consumer, Excluding C_6

Loans - Consumer, Excluding Credit Card Loan Portfolio, Auto and Other (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 974,260	$ 960,506	$ 945,537
Consumer, excluding credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	298,308	302,127	$ 305,106
Consumer, excluding credit card | Auto and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	35,489	46,266
Term loans originated in 2020/2019	22,114	12,936
Term loans originated in 2019/2018	8,718	7,444
Term loans originated in 2018/2017	4,516	4,575
Term loans originated in 2017/2016	2,373	2,100
Term loans originated prior to 2017/2016	1,019	766
Revolving loans within the revolving period	2,263	2,555
Revolving loans converted to term loans	145	183
Total retained loans	$ 76,637	$ 76,825
% of 30 plus days past due to total retained loans, Term loans originated in 2021/2020	0.31%	0.21%
% of 30 plus days past due to total retained loans, Term loans originated in 2020/2019	0.32%	0.83%
% of 30 plus days past due to total retained loans, Term loans originated in 2019/2018	0.88%	1.03%
% of 30 plus days past due to total retained loans, Term loans originated in 2018/2017	1.11%	1.18%
% of 30 plus days past due to total retained loans, Term loans originated in 2017/2016	1.26%	2.00%
% of 30 plus days past due to total retained loans, Term loans originated prior to 2017/2016	2.55%	3.13%
% of 30 plus days past due to total retained loans, Revolving loans within the revolving period	0.75%	1.49%
% of 30 plus days past due to total retained loans, Revolving loans converted to term loans	11.03%	13.66%
% of 30 plus days past due to total retained loans	0.68%	0.60%
Consumer, excluding credit card | Auto and other | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 11,100	$ 19,200
Current | Consumer, excluding credit card | Auto and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	35,379	46,169
Term loans originated in 2020/2019	21,917	12,829
Term loans originated in 2019/2018	8,641	7,367
Term loans originated in 2018/2017	4,466	4,521
Term loans originated in 2017/2016	2,343	2,058
Term loans originated prior to 2017/2016	993	742
Revolving loans within the revolving period	2,246	2,517
Revolving loans converted to term loans	129	158
Total retained loans	76,114	76,361
Current | Consumer, excluding credit card | Auto and other | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	9,100	19,200
Term loans originated in 2020/2019	2,000
30 or more days past due | Consumer, excluding credit card | Auto and other | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	126
30–119 days past due | Consumer, excluding credit card | Auto and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	110	97
Term loans originated in 2020/2019	193	107
Term loans originated in 2019/2018	77	77
Term loans originated in 2018/2017	49	53
Term loans originated in 2017/2016	30	42
Term loans originated prior to 2017/2016	25	23
Revolving loans within the revolving period	12	30
Revolving loans converted to term loans	8	17
Total retained loans	504	446
120 or more days past due | Consumer, excluding credit card | Auto and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans originated in 2021/2020	0	0
Term loans originated in 2020/2019	4	0
Term loans originated in 2019/2018	0	0
Term loans originated in 2018/2017	1	1
Term loans originated in 2017/2016	0	0
Term loans originated prior to 2017/2016	1	1
Revolving loans within the revolving period	5	8
Revolving loans converted to term loans	8	8
Total retained loans	$ 19	$ 18

Loans - Consumer, Excluding C_7

Loans - Consumer, Excluding Credit Card Loan Portfolio, Auto and Other, Nonaccrual Loans and Other Credit Quality Indicators (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	$ 974,260,000,000	$ 960,506,000,000	$ 945,537,000,000
Consumer, excluding credit card
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	298,308,000,000	302,127,000,000	$ 305,106,000,000
Consumer, excluding credit card | Auto and other
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans	117,000,000	151,000,000
Retained loans	76,637,000,000	76,825,000,000
90 or more days past due and still accruing	0	0
Consumer, excluding credit card | Auto and other | California
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	12,137,000,000	12,302,000,000
Consumer, excluding credit card | Auto and other | Texas
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	8,333,000,000	8,235,000,000
Consumer, excluding credit card | Auto and other | New York
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	7,511,000,000	8,824,000,000
Consumer, excluding credit card | Auto and other | Florida
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	5,125,000,000	4,668,000,000
Consumer, excluding credit card | Auto and other | Illinois
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	3,333,000,000	3,768,000,000
Consumer, excluding credit card | Auto and other | New Jersey
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	2,580,000,000	2,646,000,000
Consumer, excluding credit card | Auto and other | Arizona
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	2,103,000,000	2,465,000,000
Consumer, excluding credit card | Auto and other | Pennsylvania
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	2,076,000,000	1,924,000,000
Consumer, excluding credit card | Auto and other | Ohio
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	2,029,000,000	2,163,000,000
Consumer, excluding credit card | Auto and other | Louisiana
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	1,870,000,000	1,808,000,000
Consumer, excluding credit card | Auto and other | All other
Financing Receivable, Credit Quality Indicator [Line Items]
Retained loans	$ 29,540,000,000	$ 28,022,000,000

Loans - Credit Card Loan Portfo

Loans - Credit Card Loan Portfolio, Delinquency Information (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 974,260	$ 960,506	$ 945,537
Credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving loans within the revolving period	142,083	142,057
Revolving loans converted to term loans	1,083	1,375
Total retained loans	$ 143,166	$ 143,432
% of 30 plus days past due to total retained loans, Revolving loans within the revolving period	0.95%	1.60%
% of 30 plus days past due to total retained loans, Revolving loans converted to term loans	7.57%	9.89%
% of 30 plus days past due to total retained loans	1.00%	1.68%
% of 90 plus days past due to total retained loans, Revolving loans within the revolving period	0.47%	0.90%
% of 90 plus days past due to total retained loans, Revolving loans converted to term loans	2.31%	3.05%
% of 90 plus days past due to total retained loans	0.49%	0.92%
Credit card | Current and less than 30 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving loans within the revolving period	$ 140,730	$ 139,783
Revolving loans converted to term loans	1,001	1,239
Total retained loans	141,731	141,022
Credit card | 30–89 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving loans within the revolving period	679	997
Revolving loans converted to term loans	57	94
Total retained loans	736	1,091
Credit card | 90 or more days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving loans within the revolving period	674	1,277
Revolving loans converted to term loans	25	42
Total retained loans	$ 699	$ 1,319

Loans - Credit Card Loan Port_2

Loans - Credit Card Loan Portfolio, Other Credit Quality Indicators (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 974,260	$ 960,506	$ 945,537
Credit card
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 143,166	$ 143,432
Percentage of portfolio based on carrying value with estimated refreshed FICO scores, Equal to or greater than 660	88.20%	85.90%
Percentage of portfolio based on carrying value with estimated refreshed FICO scores, Less than 660	11.60%	13.90%
Percentage of portfolio based on carrying value with estimated refreshed FICO scores, No FICO available	0.20%	0.20%
Credit card | California
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 21,211	$ 20,921
Credit card | Texas
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	14,752	14,544
Credit card | New York
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	11,924	11,919
Credit card | Florida
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	9,514	9,562
Credit card | Illinois
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	8,004	8,006
Credit card | New Jersey
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	5,967	5,927
Credit card | Ohio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	4,566	4,673
Credit card | Pennsylvania
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	4,332	4,476
Credit card | Colorado
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	4,322	4,092
Credit card | Michigan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	3,513	3,553
Credit card | All other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 55,061	$ 55,759

Loans - Credit Card Portfolio,

Loans - Credit Card Portfolio, Loan Modifications (Details) - Credit card $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)loan_payment	Sep. 30, 2020USD ($)
Financing Receivable, Impaired [Line Items]
Fixed payment plan period			60 months
New enrollments, percent of total retained credit card loans (less than)			1.00%
Balance of new TDRs	$ 82	$ 220	$ 315	$ 648
Weighted-average interest rate of loans – before TDR	17.75%	17.65%	17.79%	18.21%
Weighted-average interest rate of loans – after TDR	5.15%	4.80%	5.19%	4.55%
Balance of loans that redefaulted within one year of modification	$ 13	$ 22	$ 45	$ 83
Number of years before payment default under a modified loan			1 year
Modified loans, payment default, number of payments past due | loan_payment			2

Loans - Wholesale Loan Portfoli

Loans - Wholesale Loan Portfolio, Internal Risk Ratings (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 974,260	$ 960,506	$ 945,537
Wholesale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 532,786	$ 514,947	$ 500,841
% of investment-grade to total retained loans	72.92%	73.65%
% of total criticized to total retained loans	2.79%	3.62%
% of criticized nonaccrual to total retained loans	0.39%	0.64%
Wholesale | Current and less than 30 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 528,033	$ 508,707
Wholesale | 30–89 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	2,485	2,865
Wholesale | 90 or more days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	184	57
Wholesale | Total U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	414,443	406,846
Wholesale | Total non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	118,343	108,101
Wholesale | Investment-grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	388,506	379,273
Wholesale | Investment-grade | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	2,200	8,000
Wholesale | Total noninvestment- grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	144,280	135,674
Wholesale | Noncriticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	129,416	117,052
Wholesale | Criticized performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	12,780	15,304
Wholesale | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	2,084	3,318
Wholesale | Secured by real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 118,167	$ 119,993
% of investment-grade to total retained loans	76.34%	75.13%
% of total criticized to total retained loans	3.64%	3.10%
% of criticized nonaccrual to total retained loans	0.32%	0.40%
Term loans originated in 2021/2020	$ 19,554	$ 22,002
Term loans originated in 2020/2019	20,613	25,897
Term loans originated in 2019/2018	23,268	18,334
Term loans originated in 2018/2017	13,830	15,402
Term loans originated in 2017/2016	11,551	17,349
Term loans originated prior to 2017/2016	27,678	19,421
Revolving loans within the revolving period	1,663	1,587
Revolving loans converted to term loans	10	1
Wholesale | Secured by real estate | Current and less than 30 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	117,563	118,894
Wholesale | Secured by real estate | 30–89 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	150	601
Wholesale | Secured by real estate | 90 or more days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	79	15
Wholesale | Secured by real estate | Total U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	115,155	116,990
Wholesale | Secured by real estate | Total non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	3,012	3,003
Wholesale | Secured by real estate | Investment-grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	90,209	90,147
Term loans originated in 2021/2020	15,893	17,004
Term loans originated in 2020/2019	16,153	19,870
Term loans originated in 2019/2018	18,216	12,448
Term loans originated in 2018/2017	9,486	11,218
Term loans originated in 2017/2016	8,240	13,611
Term loans originated prior to 2017/2016	21,072	14,898
Revolving loans within the revolving period	1,141	1,098
Revolving loans converted to term loans	8	0
Wholesale | Secured by real estate | Total noninvestment- grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	27,958	29,846
Term loans originated in 2021/2020	3,661	4,998
Term loans originated in 2020/2019	4,460	6,027
Term loans originated in 2019/2018	5,052	5,886
Term loans originated in 2018/2017	4,344	4,184
Term loans originated in 2017/2016	3,311	3,738
Term loans originated prior to 2017/2016	6,606	4,523
Revolving loans within the revolving period	522	489
Revolving loans converted to term loans	2	1
Wholesale | Secured by real estate | Noncriticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	23,661	26,129
Wholesale | Secured by real estate | Criticized performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	3,922	3,234
Wholesale | Secured by real estate | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 375	$ 483
% of criticized nonaccrual to total retained loans	0.32%	0.40%
Wholesale | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 133,476	$ 142,709
% of investment-grade to total retained loans	51.03%	50.39%
% of total criticized to total retained loans	6.52%	9.05%
% of criticized nonaccrual to total retained loans	0.74%	1.35%
Term loans originated in 2021/2020	$ 30,027	$ 36,721
Term loans originated in 2020/2019	15,558	16,530
Term loans originated in 2019/2018	9,736	8,420
Term loans originated in 2018/2017	4,229	4,079
Term loans originated in 2017/2016	2,429	1,645
Term loans originated prior to 2017/2016	1,888	1,964
Revolving loans within the revolving period	69,532	73,276
Revolving loans converted to term loans	77	74
Wholesale | Commercial and industrial | Current and less than 30 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	131,863	140,100
Wholesale | Commercial and industrial | 30–89 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	546	658
Wholesale | Commercial and industrial | 90 or more days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	73	20
Wholesale | Commercial and industrial | Total U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	95,657	109,273
Wholesale | Commercial and industrial | Total non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	37,819	33,436
Wholesale | Commercial and industrial | Investment-grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	68,112	71,917
Term loans originated in 2021/2020	16,741	21,233
Term loans originated in 2020/2019	7,060	7,341
Term loans originated in 2019/2018	4,243	2,950
Term loans originated in 2018/2017	1,496	1,756
Term loans originated in 2017/2016	1,288	1,034
Term loans originated prior to 2017/2016	1,104	1,178
Revolving loans within the revolving period	36,179	36,424
Revolving loans converted to term loans	1	1
Wholesale | Commercial and industrial | Investment-grade | Paycheck Protection Program (PPP)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	2,000	7,400
Term loans originated in 2021/2020	1,300
Term loans originated in 2020/2019	639
Wholesale | Commercial and industrial | Total noninvestment- grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	65,364	70,792
Term loans originated in 2021/2020	13,286	15,488
Term loans originated in 2020/2019	8,498	9,189
Term loans originated in 2019/2018	5,493	5,470
Term loans originated in 2018/2017	2,733	2,323
Term loans originated in 2017/2016	1,141	611
Term loans originated prior to 2017/2016	784	786
Revolving loans within the revolving period	33,353	36,852
Revolving loans converted to term loans	76	73
Wholesale | Commercial and industrial | Noncriticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	56,658	57,870
Wholesale | Commercial and industrial | Criticized performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	7,712	10,991
Wholesale | Commercial and industrial | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	994	1,931
Wholesale | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 281,143	$ 252,245
% of investment-grade to total retained loans	81.87%	86.11%
% of total criticized to total retained loans	0.66%	0.79%
% of criticized nonaccrual to total retained loans	0.25%	0.36%
Term loans originated in 2021/2020	$ 34,312	$ 38,238
Term loans originated in 2020/2019	23,266	13,347
Term loans originated in 2019/2018	8,567	9,115
Term loans originated in 2018/2017	4,654	7,357
Term loans originated in 2017/2016	4,497	4,264
Term loans originated prior to 2017/2016	10,504	8,787
Revolving loans within the revolving period	194,882	170,234
Revolving loans converted to term loans	461	903
Wholesale | Other | Current and less than 30 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	278,607	249,713
Wholesale | Other | 30–89 days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	1,789	1,606
Wholesale | Other | 90 or more days past due and still accruing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	32	22
Wholesale | Other | Total U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	203,631	180,583
Wholesale | Other | Total non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	77,512	71,662
Wholesale | Other | Investment-grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	230,185	217,209
Term loans originated in 2021/2020	22,301	33,190
Term loans originated in 2020/2019	20,154	11,116
Term loans originated in 2019/2018	7,079	7,455
Term loans originated in 2018/2017	3,229	6,804
Term loans originated in 2017/2016	4,185	4,089
Term loans originated prior to 2017/2016	8,930	8,252
Revolving loans within the revolving period	163,875	145,524
Revolving loans converted to term loans	432	779
Wholesale | Other | Total noninvestment- grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	50,958	35,036
Term loans originated in 2021/2020	12,011	5,048
Term loans originated in 2020/2019	3,112	2,231
Term loans originated in 2019/2018	1,488	1,660
Term loans originated in 2018/2017	1,425	553
Term loans originated in 2017/2016	312	175
Term loans originated prior to 2017/2016	1,574	535
Revolving loans within the revolving period	31,007	24,710
Revolving loans converted to term loans	29	124
Wholesale | Other | Noncriticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	49,097	33,053
Wholesale | Other | Criticized performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	1,146	1,079
Wholesale | Other | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total retained loans	$ 715	$ 904

Loans - Wholesale Loan Portfo_2

Loans - Wholesale Loan Portfolio, Real Estate Class of Loans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 974,260	$ 945,537	$ 974,260	$ 945,537	$ 960,506
Net charge-offs/(recoveries)			2,315	4,209
Wholesale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 532,786	500,841	$ 532,786	500,841	$ 514,947
% of total criticized to total retained loans secured by real estate	2.79%		2.79%		3.62%
% of criticized nonaccrual loans to total retained loans secured by real estate	0.39%		0.39%		0.64%
Net charge-offs/(recoveries)	$ 37	92	$ 100	553
Wholesale | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	2,084		2,084		$ 3,318
Wholesale | Secured by real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 118,167		$ 118,167		$ 119,993
% of total criticized to total retained loans secured by real estate	3.64%		3.64%		3.10%
% of criticized nonaccrual loans to total retained loans secured by real estate	0.32%		0.32%		0.40%
Net charge-offs/(recoveries)	$ 9	(3)	$ 10	9
Wholesale | Secured by real estate | Criticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 4,297		$ 4,297		$ 3,717
% of total criticized to total retained loans secured by real estate	3.64%		3.64%		3.10%
Wholesale | Secured by real estate | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 375		$ 375		$ 483
% of criticized nonaccrual loans to total retained loans secured by real estate	0.32%		0.32%		0.40%
Wholesale | Secured by real estate | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 72,903		$ 72,903		$ 73,078
Wholesale | Secured by real estate | Multifamily | Criticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 1,710		$ 1,710		$ 1,144
% of total criticized to total retained loans secured by real estate	2.35%		2.35%		1.57%
Wholesale | Secured by real estate | Multifamily | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 84		$ 84		$ 56
% of criticized nonaccrual loans to total retained loans secured by real estate	0.12%		0.12%		0.08%
Wholesale | Secured by real estate | Other commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 45,264		$ 45,264		$ 46,915
Wholesale | Secured by real estate | Other commercial | Criticized
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 2,587		$ 2,587		$ 2,573
% of total criticized to total retained loans secured by real estate	5.72%		5.72%		5.48%
Wholesale | Secured by real estate | Other commercial | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 291		$ 291		$ 427
% of criticized nonaccrual loans to total retained loans secured by real estate	0.64%		0.64%		0.91%
Wholesale | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 133,476		$ 133,476		$ 142,709
% of total criticized to total retained loans secured by real estate	6.52%		6.52%		9.05%
% of criticized nonaccrual loans to total retained loans secured by real estate	0.74%		0.74%		1.35%
Net charge-offs/(recoveries)	$ 23	95	$ 75	531
Wholesale | Commercial and industrial | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	994		994		$ 1,931
Wholesale | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 281,143		$ 281,143		$ 252,245
% of total criticized to total retained loans secured by real estate	0.66%		0.66%		0.79%
% of criticized nonaccrual loans to total retained loans secured by real estate	0.25%		0.25%		0.36%
Net charge-offs/(recoveries)	$ 5	$ 0	$ 15	$ 13
Wholesale | Other | Criticized nonaccrual
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retained loans	$ 715		$ 715		$ 904

Loans - Wholesale Loan Portfo_3

Loans - Wholesale Loan Portfolio, Nonaccrual (Details) - Wholesale - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Nonaccrual [Line Items]
With an allowance	$ 1,551	$ 2,818
Without an allowance	533	500
Total nonaccrual loans	2,084	3,318
Secured by real estate
Financing Receivable, Nonaccrual [Line Items]
With an allowance	309	351
Without an allowance	66	132
Total nonaccrual loans	375	483
Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
With an allowance	722	1,667
Without an allowance	272	264
Total nonaccrual loans	994	1,931
Other
Financing Receivable, Nonaccrual [Line Items]
With an allowance	520	800
Without an allowance	195	104
Total nonaccrual loans	$ 715	$ 904

Loans - Wholesale Loan Portfo_4

Loans - Wholesale Loan Portfolio, Loan Modifications (Details) - Wholesale - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Loans modified in TDRs	$ 928		$ 928		$ 954
New TDRs	$ 180	$ 188	$ 832	$ 352

Allowance for Credit Losses (De

Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		21 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Dec. 31, 2020
Allowance for loan losses
Beginning balance			$ 28,328	$ 13,123	$ 13,123
Gross charge-offs			3,596	5,365
Gross recoveries collected			(1,281)	(1,156)
Net charge-offs/(recoveries)			2,315	4,209
Provision for loan losses			(7,857)	17,724
Other			(6)	4
Ending balance	$ 18,150	$ 30,814	18,150	30,814	18,150
Allowance for lending-related commitments
Beginning balance			2,409	1,191	1,191
Provision for lending-related commitments			(106)	1,535
Other			2	(1)
Ending balance	2,305	2,823	2,305	2,823	2,305
Total allowance for credit losses	20,455	33,637	20,455	33,637	20,455	$ 30,800
Allowance for loan losses by impairment methodology
Asset-specific	169	1,672	169	1,672	169
Portfolio-based	17,981	29,142	17,981	29,142	17,981
Total allowance for loan losses	18,150	30,814	18,150	30,814	18,150	28,328
Loans by impairment methodology
Asset-specific	17,877	22,176	17,877	22,176	17,877
Portfolio-based	956,383	923,361	956,383	923,361	956,383
Total retained loans	974,260	945,537	974,260	945,537	974,260	960,506
Allowance for lending-related commitments by impairment methodology
Asset-specific	129	109	129	109	129
Portfolio-based	2,176	2,714	2,176	2,714	2,176
Total allowance for lending-related commitments	2,305	2,823	2,305	2,823	2,305	2,409
Lending-related commitments by impairment methodology
Asset-specific	641	607	641	607	641
Portfolio-based	494,367	451,854	494,367	451,854	494,367
Total lending-related commitments	495,008	452,461	495,008	452,461	495,008
Investment securities, allowance for credit losses	73	120	73	120	73	78
Collateral-dependent loans
Allowance for loan losses
Net charge-offs/(recoveries)			35	131
Collateral-dependent loans
Loans measured at fair value of collateral less cost to sell	4,824	4,647	4,824	4,647	4,824
Cumulative effect of a change in accounting principle
Allowance for loan losses
Beginning balance				4,172	4,172
Allowance for lending-related commitments
Beginning balance				98	98
Allowance for loan losses by impairment methodology
Total allowance for loan losses
Allowance for lending-related commitments by impairment methodology
Total allowance for lending-related commitments
Consumer-related
Lending-related commitments by impairment methodology
Decrease in allowance for credit losses			8,000
Consumer, excluding credit card
Allowance for loan losses
Beginning balance			3,636	2,538	2,538
Gross charge-offs			452	620
Gross recoveries collected			(470)	(483)
Net charge-offs/(recoveries)			(18)	137
Provision for loan losses			(1,778)	1,803
Other			(2)	1
Ending balance	1,874	4,502	1,874	4,502	1,874
Allowance for lending-related commitments
Beginning balance			187	12	12
Provision for lending-related commitments			(45)	71
Other			0	0
Ending balance	142	216	142	216	142
Total allowance for credit losses	2,016	4,718	2,016	4,718	2,016
Allowance for loan losses by impairment methodology
Asset-specific	(571)	228	(571)	228	(571)
Portfolio-based	2,445	4,274	2,445	4,274	2,445
Total allowance for loan losses	1,874	4,502	1,874	4,502	1,874	3,636
Loans by impairment methodology
Asset-specific	14,464	16,888	14,464	16,888	14,464
Portfolio-based	283,844	288,218	283,844	288,218	283,844
Total retained loans	298,308	305,106	298,308	305,106	298,308	302,127
Allowance for lending-related commitments by impairment methodology
Asset-specific	0	0	0	0	0
Portfolio-based	142	216	142	216	142
Total allowance for lending-related commitments	142	216	142	216	142	187
Lending-related commitments by impairment methodology
Asset-specific	0	0	0	0	0
Portfolio-based	36,819	35,587	36,819	35,587	36,819
Total lending-related commitments	36,819	35,587	36,819	35,587	36,819
Credit card lending-related commitments not permitted to have an allowance for credit losses	19,900	10,800	19,900	10,800	19,900
Consumer, excluding credit card | Collateral-dependent loans
Allowance for loan losses
Net charge-offs/(recoveries)			26	109
Collateral-dependent loans
Loans measured at fair value of collateral less cost to sell	4,460	4,517	4,460	4,517	4,460
Consumer, excluding credit card | Cumulative effect of a change in accounting principle
Allowance for loan losses
Beginning balance				297	297
Allowance for lending-related commitments
Beginning balance				133	133
Allowance for loan losses by impairment methodology
Total allowance for loan losses
Allowance for lending-related commitments by impairment methodology
Total allowance for lending-related commitments
Credit card
Allowance for loan losses
Beginning balance			17,800	5,683	5,683
Gross charge-offs			2,957	4,104
Gross recoveries collected			(724)	(585)
Net charge-offs/(recoveries)			2,233	3,519
Provision for loan losses			(3,917)	10,119
Other			0	0
Ending balance	11,650	17,800	11,650	17,800	11,650
Allowance for lending-related commitments
Beginning balance			0	0	0
Provision for lending-related commitments			0	0
Other			0	0
Ending balance	0	0	0	0	0
Total allowance for credit losses	11,650	17,800	11,650	17,800	11,650
Allowance for loan losses by impairment methodology
Asset-specific	383	652	383	652	383
Portfolio-based	11,267	17,148	11,267	17,148	11,267
Total allowance for loan losses	11,650	17,800	11,650	17,800	11,650	17,800
Loans by impairment methodology
Asset-specific	1,083	1,432	1,083	1,432	1,083
Portfolio-based	142,083	138,158	142,083	138,158	142,083
Total retained loans	143,166	139,590	143,166	139,590	143,166
Allowance for lending-related commitments by impairment methodology
Asset-specific	0	0	0	0	0
Portfolio-based	0	0	0	0	0
Total allowance for lending-related commitments	0	0	0	0	0	0
Lending-related commitments by impairment methodology
Asset-specific	0	0	0	0	0
Portfolio-based	0	0	0	0	0
Total lending-related commitments	0	0	0	0	0
Credit card lending-related commitments not permitted to have an allowance for credit losses	710,600	662,900	710,600	662,900	710,600
Credit card | Collateral-dependent loans
Allowance for loan losses
Net charge-offs/(recoveries)			0	0
Collateral-dependent loans
Loans measured at fair value of collateral less cost to sell	0	0	0	0	0
Credit card | Cumulative effect of a change in accounting principle
Allowance for loan losses
Beginning balance				5,517	5,517
Allowance for lending-related commitments
Beginning balance				0	0
Allowance for loan losses by impairment methodology
Total allowance for loan losses
Allowance for lending-related commitments by impairment methodology
Total allowance for lending-related commitments
Wholesale
Allowance for loan losses
Beginning balance			6,892	4,902	4,902
Gross charge-offs			187	641
Gross recoveries collected			(87)	(88)
Net charge-offs/(recoveries)	37	92	100	553
Provision for loan losses			(2,162)	5,802
Other			(4)	3
Ending balance	4,626	8,512	4,626	8,512	4,626
Allowance for lending-related commitments
Beginning balance			2,222	1,179	1,179
Provision for lending-related commitments			(61)	1,464
Other			2	(1)
Ending balance	2,163	2,607	2,163	2,607	2,163
Total allowance for credit losses	6,789	11,119	6,789	11,119	6,789
Allowance for loan losses by impairment methodology
Asset-specific	357	792	357	792	357
Portfolio-based	4,269	7,720	4,269	7,720	4,269
Total allowance for loan losses	4,626	8,512	4,626	8,512	4,626	6,892
Loans by impairment methodology
Asset-specific	2,330	3,856	2,330	3,856	2,330
Portfolio-based	530,456	496,985	530,456	496,985	530,456
Total retained loans	532,786	500,841	532,786	500,841	532,786	514,947
Allowance for lending-related commitments by impairment methodology
Asset-specific	129	109	129	109	129
Portfolio-based	2,034	2,498	2,034	2,498	2,034
Total allowance for lending-related commitments	2,163	2,607	2,163	2,607	2,163	$ 2,222
Lending-related commitments by impairment methodology
Asset-specific	641	607	641	607	641
Portfolio-based	457,548	416,267	457,548	416,267	457,548
Total lending-related commitments	458,189	416,874	458,189	416,874	458,189
Credit card lending-related commitments not permitted to have an allowance for credit losses	41,000	24,400	41,000	24,400	41,000
Decrease in allowance for credit losses			2,300
Wholesale | Collateral-dependent loans
Allowance for loan losses
Net charge-offs/(recoveries)			9	22
Collateral-dependent loans
Loans measured at fair value of collateral less cost to sell	$ 364	$ 130	$ 364	130	364
Wholesale | Cumulative effect of a change in accounting principle
Allowance for loan losses
Beginning balance				(1,642)	(1,642)
Allowance for lending-related commitments
Beginning balance				$ (35)	$ (35)
Allowance for loan losses by impairment methodology
Total allowance for loan losses
Allowance for lending-related commitments by impairment methodology
Total allowance for lending-related commitments

Variable Interest Entities - Fi

Variable Interest Entities - Firm Sponsored VIEs (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Total assets held by securitization VIEs	$ 199,614	$ 182,272
Retained securitization interests, risk-rated 'A' or better, at fair value	73.00%	73.00%
Corporate & Investment Bank
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Senior securities purchased in connection with CIB's secondary market-making activities	$ 167	$ 105
Subordinated securities purchased in connection with CIB's secondary market-making activities	72	40
Residential mortgage | Investment-grade
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Fair value of retained interests	1,100	1,300
Residential mortgage | Noninvestment-grade
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Fair value of retained interests	131	41
Residential mortgage | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Total assets held by securitization VIEs	52,280	49,644
Residential mortgage | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Total assets held by securitization VIEs	11,430	12,896
Commercial and other
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Total assets held by securitization VIEs	135,904	119,732
Commercial and other | Investment-grade
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Fair value of retained interests	2,800	2,000
Commercial and other | Noninvestment-grade
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Fair value of retained interests	854	753
VIEs consolidated by the Firm
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in consolidated securitization VIEs	1,086	1,739
VIEs consolidated by the Firm | Residential mortgage | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in consolidated securitization VIEs	1,057	1,693
VIEs consolidated by the Firm | Residential mortgage | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in consolidated securitization VIEs	29	46
VIEs consolidated by the Firm | Commercial and other
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in consolidated securitization VIEs	0	0
Nonconsolidated entities
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in nonconsolidated securitization VIEs with continuing involvement	164,249	145,770
Interest in securitized assets in nonconsolidated VIEs	4,864	4,073
Nonconsolidated entities | Trading assets
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	1,425	1,538
Nonconsolidated entities | Investment securities
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	3,015	2,273
Nonconsolidated entities | Other financial assets
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	424	262
Nonconsolidated entities | Residential mortgage | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in nonconsolidated securitization VIEs with continuing involvement	43,700	41,265
Interest in securitized assets in nonconsolidated VIEs	1,233	1,298
Nonconsolidated entities | Residential mortgage | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in nonconsolidated securitization VIEs with continuing involvement	10,537	12,154
Interest in securitized assets in nonconsolidated VIEs	3	9
Nonconsolidated entities | Residential mortgage | Trading assets | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	561	574
Nonconsolidated entities | Residential mortgage | Trading assets | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	3	9
Nonconsolidated entities | Residential mortgage | Investment securities | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	572	724
Nonconsolidated entities | Residential mortgage | Investment securities | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	0	0
Nonconsolidated entities | Residential mortgage | Other financial assets | Prime / Alt-A & option ARMs
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	100	0
Nonconsolidated entities | Residential mortgage | Other financial assets | Subprime
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	0	0
Nonconsolidated entities | Commercial and other
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Assets held in nonconsolidated securitization VIEs with continuing involvement	110,012	92,351
Interest in securitized assets in nonconsolidated VIEs	3,628	2,766
Nonconsolidated entities | Commercial and other | Trading assets
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	861	955
Nonconsolidated entities | Commercial and other | Investment securities
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	2,443	1,549
Nonconsolidated entities | Commercial and other | Other financial assets
Firm sponsored mortgage and other consumer securitization trusts [Abstract]
Interest in securitized assets in nonconsolidated VIEs	$ 324	$ 262

Variable Interest Entities - Re

Variable Interest Entities - Re-securitizations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Transfers of securities to VIEs
U.S. GSEs and government agencies	$ 11,258	$ 12,488	$ 43,157	$ 27,710
U.S. GSEs and government agencies | Nonconsolidated re-securitization VIEs
Variable Interest Entity [Line Items]
Interest in VIEs	$ 2,074		$ 2,074		$ 2,631

Variable Interest Entities - Mu

Variable Interest Entities - Multi-seller conduits (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Unfunded lending-related commitments	$ 1,266,530	$ 1,165,688
Multi-seller conduits
Variable Interest Entity [Line Items]
Commercial paper eliminated in consolidation	12,500	13,500
Multi-seller conduits | Commercial and other
Variable Interest Entity [Line Items]
Unfunded lending-related commitments	$ 12,500	$ 12,200

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIE Assets and Liabilities (Details) - USD ($) $ in Millions		Sep. 30, 2021		Dec. 31, 2020		Sep. 30, 2020
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		$ 515,901		$ 503,126
Loans		974,260		960,506		$ 945,537
Other	[1]	175,104		151,539
Total assets		3,757,576	[2]	3,384,757	[2]	$ 3,245,061
Beneficial interests in VIE assets		13,257		17,578
Total liabilities	[2]	3,467,535		3,105,403
VIEs consolidated by the Firm
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		2,011		1,934
Loans		35,352		37,619
Other		516		681
Total assets		37,879		40,234
Beneficial interests in VIE assets		13,257		17,578
Other		234		233
Total liabilities		13,491		17,811
Beneficial interests in VIE assets, long term		2,700		5,200
VIEs consolidated by the Firm | Firm-sponsored credit card trusts
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		0		0
Loans		10,606		11,962
Other		97		148
Total assets		10,703		12,110
Beneficial interests in VIE assets		2,396		4,943
Other		1		3
Total liabilities		2,397		4,946
VIEs consolidated by the Firm | Firm-administered multi-seller conduits
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		2		2
Loans		21,077		23,787
Other		76		188
Total assets		21,155		23,977
Beneficial interests in VIE assets		8,612		10,523
Other		37		33
Total liabilities		8,649		10,556
VIEs consolidated by the Firm | Municipal bond vehicles
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		2,009		1,930
Loans		0		0
Other		4		2
Total assets		2,013		1,932
Beneficial interests in VIE assets		1,976		1,902
Other		0		0
Total liabilities		1,976		1,902
VIEs consolidated by the Firm | Mortgage securitization entities
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		0		0
Loans		1,091		1,694
Other		47		94
Total assets		1,138		1,788
Beneficial interests in VIE assets		216		210
Other		90		108
Total liabilities		306		318
VIEs consolidated by the Firm | Other
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract]
Trading assets		0		2
Loans		2,578		176
Other		292		249
Total assets		2,870		427
Beneficial interests in VIE assets		57		0
Other		106		89
Total liabilities		$ 163		$ 89
[1]	Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.
[2]	The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion. (in millions) September 30, 2021 December 31, 2020 Assets Trading assets $ 2,011 $ 1,934 Loans 35,352 37,619 All other assets 516 681 Total assets $ 37,879 $ 40,234 Liabilities Beneficial interests issued by consolidated VIEs $ 13,257 $ 17,578 All other liabilities 234 233 Total liabilities $ 13,491 $ 17,811

Variable Interest Entities - VI

Variable Interest Entities - VIEs Sponsored by Third Parties (Details) - USD ($) $ in Millions	Sep. 30, 2021		Dec. 31, 2020		Sep. 30, 2020
Variable Interest Entity [Line Items]
Fair value of assets held by VIE	$ 3,757,576	[1]	$ 3,384,757	[1]	$ 3,245,061
Nonconsolidated entities | Tax credit vehicles
Variable Interest Entity [Line Items]
Maximum exposure	24,700		23,600
Unfunded commitments	8,600		8,700
Nonconsolidated entities | Municipal bond vehicles
Variable Interest Entity [Line Items]
Maximum exposure	6,900		6,700
Fair value of assets held by VIE	$ 10,600		$ 10,500
[1]	The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion. (in millions) September 30, 2021 December 31, 2020 Assets Trading assets $ 2,011 $ 1,934 Loans 35,352 37,619 All other assets 516 681 Total assets $ 37,879 $ 40,234 Liabilities Beneficial interests issued by consolidated VIEs $ 13,257 $ 17,578 All other liabilities 234 233 Total liabilities $ 13,491 $ 17,811

Variable Interest Entities - Se

Variable Interest Entities - Securitization Activity (Details) - Nonconsolidated entities - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Residential mortgage
Securitization activity [Abstract]
Principal securitized	$ 8,245	$ 2,852	$ 16,437	$ 6,450
All cash flows during the period:
Proceeds received from loan sales as financial instruments	8,424	2,955	16,876	6,645
Servicing fees collected	39	54	121	165
Cash flows received on interests	121	207	477	538
Commercial and other
Securitization activity [Abstract]
Principal securitized	4,426	1,330	9,214	5,379
All cash flows during the period:
Proceeds received from loan sales as financial instruments	4,456	1,392	9,335	5,577
Servicing fees collected	0	1	0	1
Cash flows received on interests	$ 92	$ 78	$ 215	$ 138

Variable Interest Entities - Lo

Variable Interest Entities - Loans Sold to Third-Party Sponsored Securitization Entities (Details) - Nonconsolidated entities - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Summary of loan sale activities
Carrying value of loans sold	$ 29,033	$ 18,065	$ 76,639	$ 60,447
Proceeds received from loan sales as cash	70	5	110	27
Proceeds from loans sales as securities	28,549	17,858	75,331	59,795
Total proceeds received from loan sales	28,619	17,863	75,441	59,822
Gains/(losses) on loan sales	$ 0	$ 0	$ 4	$ 6

Variable Interest Entities - Sc

Variable Interest Entities - Schedule of Options to Repurchase Delinquent Loans (Details) - Nonconsolidated entities - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Loans repurchased or option to repurchase	$ 1,103	$ 1,413
Real estate acquired through foreclosure	5	9
Residential mortgage
Variable Interest Entity [Line Items]
Real estate acquired through foreclosure	$ 44	$ 64

Variable Interest Entities - _2

Variable Interest Entities - Loan Delinquencies and Net Charge-offs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Securitized loans
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
90 days past due	$ 8,222		$ 8,222		$ 13,352
Net liquidation losses	244	$ 33	297	$ 354
Securitized loans | Commercial and other
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
90 days past due	3,254		3,254		5,958
Net liquidation losses	244	0	265	11
Nonconsolidated entities
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
Securitized assets	164,249		164,249		145,770
Nonconsolidated entities | Commercial and other
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
Securitized assets	110,012		110,012		92,351
Prime / Alt-A & option ARMs | Securitized loans | Residential mortgage
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
90 days past due	3,160		3,160		4,988
Net liquidation losses	0	9	14	184
Prime / Alt-A & option ARMs | Nonconsolidated entities | Residential mortgage
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
Securitized assets	43,700		43,700		41,265
Subprime | Securitized loans | Residential mortgage
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
90 days past due	1,808		1,808		2,406
Net liquidation losses	0	$ 24	18	$ 159
Subprime | Nonconsolidated entities | Residential mortgage
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract]
Securitized assets	$ 10,537		$ 10,537		$ 12,154

Goodwill and Mortgage Servici_3

Goodwill and Mortgage Servicing Rights - by Business Segment and Corporate (Details) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Goodwill [Line Items]
Total goodwill	$ 50,313	$ 49,256	$ 49,248	$ 47,819	$ 47,811	$ 47,823
Corporate
Goodwill [Line Items]
Total goodwill	727		0
Consumer & Community Banking
Goodwill [Line Items]
Total goodwill	31,472		31,311
Corporate & Investment Bank
Goodwill [Line Items]
Total goodwill	7,906		7,913
Commercial Banking
Goodwill [Line Items]
Total goodwill	2,986		2,985
Asset & Wealth Management
Goodwill [Line Items]
Total goodwill	$ 7,222		$ 7,039

Goodwill and Mortgage Servici_4

Goodwill and Mortgage Servicing Rights - Goodwill Changes During Period (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Goodwill [Roll Forward]
Balance at beginning of period	$ 49,256,000,000	$ 47,811,000,000	$ 49,248,000,000	$ 47,823,000,000	$ 47,823,000,000
Changes during the period from:
Business combinations	1,065,000,000	0	1,065,000,000	0
Other	(8,000,000)	8,000,000	0	(4,000,000)
Balance at end of period	$ 50,313,000,000	$ 47,819,000,000	50,313,000,000	$ 47,819,000,000	49,248,000,000
Goodwill impairment			$ 0		$ 0

Goodwill and Mortgage Servici_5

Goodwill and Mortgage Servicing Rights - Mortgage Servicing Rights (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Mortgage Servicing Rights [Roll Forward]
Fair value at beginning of period	$ 4,549	$ 3,080	$ 3,276	$ 4,699
MSR activity:
Originations of MSRs	429	204	1,252	639
Purchase of MSRs	584	17	1,158	24
Disposition of MSRs	1	(104)	(23)	(177)
Net additions/(dispositions)	1,014	117	2,387	486
Changes due to collection/realization of expected cash flows	(201)	(215)	(570)	(710)
Changes in valuation due to inputs and assumptions:
Changes due to market interest rates and other	133	(59)	469	(1,573)
Changes in valuation due to other inputs and assumptions:
Projected cash flows (e.g., cost to service)	119	(82)	96	(80)
Discount rates	0	199	0	199
Prepayment model changes and other	(263)	(24)	(307)	(5)
Total changes in valuation due to other inputs and assumptions	(144)	93	(211)	114
Total changes in valuation due to inputs and assumptions	(11)	34	258	(1,459)
Fair value at end of period	5,351	3,016	5,351	3,016
Changes in unrealized gains/(losses) included in income related to MSRs	(11)	34	258	(1,459)
Contractual service fees, late fees and other ancillary fees included in income	334	333	932	1,026
Third-party mortgage loans serviced	510,000	456,000	510,000	456,000
Servicer advances, net of an allowance for uncollectible amounts	$ 1,700	$ 1,700	$ 1,700	$ 1,700

Goodwill and Mortgage Servici_6

Goodwill and Mortgage Servicing Rights - Mortgage Fees and Related Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Risk management:
Mortgage fees and related income	$ 600	$ 1,087	$ 1,855	$ 2,324
All other	4	11	8	11
Consumer & Community Banking
CCB mortgage fees and related income
Production revenue	614	765	1,888	1,826
Operating revenue:
Loan servicing revenue	328	381	892	1,063
Changes in MSR asset fair value due to collection/realization of expected cash flows	(201)	(215)	(570)	(710)
Total operating revenue	127	166	322	353
Risk management:
Changes in MSR asset fair value due to market interest rates and other	133	(59)	469	(1,573)
Other changes in MSR asset fair value due to other inputs and assumptions in model	(144)	93	(211)	114
Changes in derivative fair value and other	(134)	111	(621)	1,593
Total risk management	(145)	145	(363)	134
Total net mortgage servicing revenue	(18)	311	(41)	487
Mortgage fees and related income	$ 596	$ 1,076	$ 1,847	$ 2,313

Goodwill and Mortgage Servici_7

Goodwill and Mortgage Servicing Rights - Key Economic Assumptions (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted-average prepayment speed assumption (constant prepayment rate)	10.12%	14.90%
Impact on fair value of 10% adverse change	$ (220)	$ (206)
Impact on fair value of 20% adverse change	$ (423)	$ (392)
Weighted-average option adjusted spread	6.56%	7.19%
Impact on fair value of a 100 basis point adverse change	$ (226)	$ (134)
Impact on fair value of a 200 basis point adverse change	$ (433)	$ (258)

Deposits - Noninterest and Inte

Deposits - Noninterest and Interest-bearing (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
U.S. offices
Noninterest-bearing (included $9,186 and $9,873 at fair value)	$ 656,438	$ 572,711
Interest-bearing (included $630 and $2,567 at fair value)	1,344,092	1,197,032
Total deposits in U.S. offices	2,000,530	1,769,743
Non-U.S. offices
Noninterest-bearing (included $1,788 and $1,486 at fair value)	28,589	23,435
Interest-bearing (included $204 and $558 at fair value)	373,234	351,079
Total deposits in non-U.S. offices	401,823	374,514
Total deposits	2,402,353	2,144,257
Fair value
U.S. offices
Noninterest-bearing (included $9,186 and $9,873 at fair value)	9,186	9,873
Interest-bearing, fair value	630	2,567
Non-U.S. offices
Noninterest-bearing (included $1,788 and $1,486 at fair value)	1,788	1,486
Interest-bearing, fair value	$ 204	$ 558

Leases - Information Related to

Leases - Information Related to Operating Leases (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Leases [Abstract]
Right-of-use assets	$ 7,837	$ 8,006
Lease liabilities	$ 8,262	$ 8,508

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Net rental expense	$ 490	$ 474	$ 1,500	$ 1,400

Leases - Operating Lease Income

Leases - Operating Lease Income and Related Depreciation Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Noninterest Income, Other	Noninterest Income, Other	Noninterest Income, Other	Noninterest Income, Other
Operating lease income	$ 1,190	$ 1,425	$ 3,792	$ 4,236
Depreciation expense	$ 785	$ 1,035	$ 2,595	$ 3,261

Preferred Stock (Details)

Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Millions	Jul. 08, 2021	Jun. 01, 2021	Apr. 09, 2021	May 15, 2020	Apr. 30, 2020	Mar. 13, 2020	Mar. 01, 2020	Jan. 08, 2020	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									3,483,750	3,483,750		3,483,750		3,006,250
Carrying value									$ 34,838	$ 34,838		$ 34,838		$ 30,063
Liquidation value and redemption price per share (in dollars per share)									$ 10,000	$ 10,000		$ 10,000
Aggregate liquidation value									$ 35,200	$ 35,200		$ 35,200
Series Y
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									0	0		0		0
Carrying value									$ 0	$ 0		$ 0		$ 0
Issue date												Feb. 12, 2015
Contractual rate in effect							6.125%					0.00%
Dividend declared per share (in dollars per share)										$ 0	$ 0	$ 0	$ 153.13
Preferred stock redeemed							$ 1,430
Series Y | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Mar. 1, 2020
Series AA
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									0	0		0		142,500
Carrying value									$ 0	$ 0		$ 0		$ 1,425
Issue date												Jun. 4, 2015
Contractual rate in effect		6.10%										0.00%
Dividend declared per share (in dollars per share)										$ 0	152.50	$ 305	457.50
Preferred stock redeemed		$ 1,430
Series AA | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Sep. 1, 2020
Series BB
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									0	0		0		115,000
Carrying value									$ 0	$ 0		$ 0		$ 1,150
Issue date												Jul. 29, 2015
Contractual rate in effect		6.15%										0.00%
Dividend declared per share (in dollars per share)										$ 0	153.75	$ 307.50	461.25
Preferred stock redeemed		$ 1,150
Series BB | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Sep. 1, 2020
Series DD
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									169,625	169,625		169,625		169,625
Carrying value									$ 1,696	$ 1,696		$ 1,696		$ 1,696
Issue date												Sep. 21, 2018
Contractual rate in effect												5.75%
Dividend declared per share (in dollars per share)										$ 143.75	143.75	$ 431.25	431.25
Series DD | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Dec. 1, 2023
Series EE
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									185,000	185,000		185,000		185,000
Carrying value									$ 1,850	$ 1,850		$ 1,850		$ 1,850
Issue date												Jan. 24, 2019
Contractual rate in effect												6.00%
Dividend declared per share (in dollars per share)										$ 150	150	$ 450	450
Series EE | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Mar. 1, 2024
Series GG
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									90,000	90,000		90,000		90,000
Carrying value									$ 900	$ 900		$ 900		$ 900
Issue date												Nov. 7, 2019
Contractual rate in effect												4.75%
Dividend declared per share (in dollars per share)								$ 150.42		$ 118.75	118.75	$ 356.25	387.92
Series GG | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Dec. 1, 2024
Series JJ
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									150,000	150,000		150,000		0
Carrying value									$ 1,500	$ 1,500		$ 1,500		$ 0
Issue date												Mar. 17, 2021
Contractual rate in effect												4.55%
Dividend declared per share (in dollars per share)			$ 93.53							$ 113.75		$ 207.28
Series JJ | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Jun. 1, 2026
Series LL
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									185,000	185,000		185,000		0
Carrying value									$ 1,850	$ 1,850		$ 1,850		$ 0
Issue date												May 20, 2021
Contractual rate in effect												4.625%
Dividend declared per share (in dollars per share)	$ 129.76									$ 129.76		$ 129.76
Series LL | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Jun. 1, 2026
Series MM
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									200,000	200,000		200,000		0
Carrying value									$ 2,000	$ 2,000		$ 2,000		$ 0
Issue date												Jul. 29, 2021
Contractual rate in effect												4.20%
Dividend declared per share (in dollars per share)									$ 0	$ 0		$ 0
Series MM | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Sep. 1, 2026
Series I
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									293,375	293,375		293,375		293,375
Carrying value									$ 2,934	$ 2,934		$ 2,934		$ 2,934
Issue date												Apr. 23, 2008
Dividend declared per share (in dollars per share)										$ 90.96	95.53	$ 276.42	334.90
Series I | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.47%
Series I | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Apr. 30, 2018
Series Q
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									150,000	150,000		150,000		150,000
Carrying value									$ 1,500	$ 1,500		$ 1,500		$ 1,500
Issue date												Apr. 23, 2013
Contractual rate in effect												5.15%
Dividend declared per share (in dollars per share)										$ 128.75	128.75	$ 386.25	386.25
Series Q | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.25%
Series Q | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												May 1, 2023
Series R
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									150,000	150,000		150,000		150,000
Carrying value									$ 1,500	$ 1,500		$ 1,500		$ 1,500
Issue date												Jul. 29, 2013
Contractual rate in effect												6.00%
Dividend declared per share (in dollars per share)										$ 150	150	$ 450	450
Series R | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.30%
Series R | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Aug. 1, 2023
Series S
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									200,000	200,000		200,000		200,000
Carrying value									$ 2,000	$ 2,000		$ 2,000		$ 2,000
Issue date												Jan. 22, 2014
Contractual rate in effect												6.75%
Dividend declared per share (in dollars per share)										$ 168.75	168.75	$ 506.25	506.25
Series S | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.78%
Series S | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Feb. 1, 2024
Series U
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									100,000	100,000		100,000		100,000
Carrying value									$ 1,000	$ 1,000		$ 1,000		$ 1,000
Issue date												Mar. 10, 2014
Contractual rate in effect												6.125%
Dividend declared per share (in dollars per share)										$ 153.13	153.13	$ 459.38	459.38
Series U | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.33%
Series U | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Apr. 30, 2024
Series V
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									250,000	250,000		250,000		250,000
Carrying value									$ 2,500	$ 2,500		$ 2,500		$ 2,500
Issue date												Jun. 9, 2014
Dividend declared per share (in dollars per share)										$ 88.55	92.41	$ 263.54	343.30
Series V | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.32%
Series V | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Jul. 1, 2019
Series X
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									160,000	160,000		160,000		160,000
Carrying value									$ 1,600	$ 1,600		$ 1,600		$ 1,600
Issue date												Sep. 23, 2014
Contractual rate in effect												6.10%
Dividend declared per share (in dollars per share)										$ 152.50	152.50	$ 457.50	457.50
Series X | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.33%
Series X | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Oct. 1, 2024
Series Z
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									200,000	200,000		200,000		200,000
Carrying value									$ 2,000	$ 2,000		$ 2,000		$ 2,000
Issue date												Apr. 21, 2015
Contractual rate in effect					5.30%
Dividend declared per share (in dollars per share)					$ 265					$ 99.23	102.40	$ 300.97	352.05
Series Z | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.80%
Series Z | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												May 1, 2020
Series CC
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									125,750	125,750		125,750		125,750
Carrying value									$ 1,258	$ 1,258		$ 1,258		$ 1,258
Issue date												Oct. 20, 2017
Contractual rate in effect												4.625%
Dividend declared per share (in dollars per share)										$ 115.63	115.63	$ 346.88	346.88
Series CC | Three-month LIBOR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												2.58%
Series CC | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Nov. 1, 2022
Series FF
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									225,000	225,000		225,000		225,000
Carrying value									$ 2,250	$ 2,250		$ 2,250		$ 2,250
Issue date												Jul. 31, 2019
Contractual rate in effect												5.00%
Dividend declared per share (in dollars per share)										$ 125	125	$ 375	375
Series FF | Three-month term SOFR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.38%
Series FF | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Aug. 1, 2024
Series HH
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									300,000	300,000		300,000		300,000
Carrying value									$ 3,000	$ 3,000		$ 3,000		$ 3,000
Issue date												Jan. 23, 2020
Contractual rate in effect												4.60%
Dividend declared per share (in dollars per share)						$ 125.22				$ 115	115	$ 345	355.22
Series HH | Three-month term SOFR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												3.125%
Series HH | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Feb. 1, 2025
Series II
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									150,000	150,000		150,000		150,000
Carrying value									$ 1,500	$ 1,500		$ 1,500		$ 1,500
Issue date												Feb. 24, 2020
Contractual rate in effect												4.00%
Dividend declared per share (in dollars per share)				$ 141.11						$ 100	$ 100	$ 300	$ 241.11
Series II | Three-month term SOFR
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												2.745%
Series II | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Apr. 1, 2025
Series KK
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares (in shares)									200,000	200,000		200,000		0
Carrying value									$ 2,000	$ 2,000		$ 2,000		$ 0
Issue date												May 12, 2021
Contractual rate in effect												3.65%
Dividend declared per share (in dollars per share)	$ 110.51									$ 110.51		$ 110.51
Series KK | Five-year CMT
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock dividend rate, variable, basis spread												2.85%
Series KK | Minimum
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Earliest redemption date												Jun. 1, 2026

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Basic earnings per share
Net income	$ 11,687	$ 9,443	$ 37,935	$ 16,995
Less: Preferred stock dividends	402	381	1,174	1,203
Net income applicable to common equity	11,285	9,062	36,761	15,792
Less: Dividends and undistributed earnings allocated to participating securities	56	47	185	80
Net income applicable to common stockholders	$ 11,229	$ 9,015	$ 36,576	$ 15,712
Total weighted-average basic shares outstanding (in shares)	2,999.9	3,077.8	3,036.4	3,083.3
Net income per share (in dollars per share)	$ 3.74	$ 2.93	$ 12.05	$ 5.10
Diluted earnings per share
Net income applicable to common stockholders	$ 11,229	$ 9,015	$ 36,576	$ 15,712
Total weighted-average basic shares outstanding (in shares)	2,999.9	3,077.8	3,036.4	3,083.3
Add: Dilutive impact of SARs and employee stock options, unvested PSUs and nondividend-earning RSUs (in shares)	5.2	5	5.3	4.8
Total weighted-average diluted shares outstanding (in shares)	3,005.1	3,082.8	3,041.7	3,088.1
Net income per share (in dollars per share)	$ 3.74	$ 2.92	$ 12.02	$ 5.09

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income/(Loss) - Rollforward (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance			$ 279,354
Net change	$ (1,607)	$ 151	(7,023)	$ 7,371
Ending balance	290,041	271,113	290,041	271,113
Accumulated other comprehensive income/(loss)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	2,570	8,789	7,986	1,569
Net change	(1,607)	151	(7,023)	7,371
Ending balance	963	8,940	963	8,940
Unrealized gains/(losses) on investment securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	4,515	7,920	8,180	4,057
Net change	(434)	514	(4,099)	4,377
Ending balance	4,081	8,434	4,081	8,434
After-tax unamortized unrealized gains related to transfer of AFS securities to HTM			2,700	2,700
Translation adjustments, net of hedges
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(659)	(895)	(473)	(707)
Net change	(187)	127	(373)	(61)
Ending balance	(846)	(768)	(846)	(768)
Fair value hedges
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(163)	(27)	(112)	(131)
Net change	9	(69)	(42)	35
Ending balance	(154)	(96)	(154)	(96)
Cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	725	2,762	2,383	63
Net change	(450)	(70)	(2,108)	2,629
Ending balance	275	2,692	275	2,692
Defined benefit pension and OPEB plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(1,055)	(1,318)	(1,132)	(1,344)
Net change	6	(12)	83	14
Ending balance	(1,049)	(1,330)	(1,049)	(1,330)
DVA on fair value option elected liabilities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(793)	347	(860)	(369)
Net change	(551)	(339)	(484)	377
Ending balance	$ (1,344)	$ 8	$ (1,344)	$ 8

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income/(Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Unrealized gains/(losses) on investment securities:
Total other comprehensive income/(loss), after–tax	$ (1,607)	$ 151	$ (7,023)	$ 7,371
Accumulated other comprehensive income/(loss)
Unrealized gains/(losses) on investment securities:
Net change, Pre-tax	(1,874)	26	(8,758)	9,785
Net change, Tax effect	267	125	1,735	(2,414)
Total other comprehensive income/(loss), after–tax	(1,607)	151	(7,023)	7,371
Unrealized gains/(losses) on investment securities
Unrealized gains/(losses) on investment securities:
Net unrealized gains/(losses) arising during the period/Translation, Pre-tax	(826)	1,143	(5,792)	6,494
Net unrealized gains/(losses) arising during the period/Translation, Tax effect	197	(270)	1,391	(1,561)
Net unrealized gains/(losses) arising during the period/Translation, After-tax	(629)	873	(4,401)	4,933
Reclassification adjustment for realized (gains)/losses included in net income, Pre-tax	256	(473)	397	(732)
Reclassification adjustment for realized (gains)/losses included in net income, Tax effect	(61)	114	(95)	176
Reclassification adjustment for realized (gains)/losses included in net income, After-tax	195	(359)	302	(556)
Net change, Pre-tax	(570)	670	(5,395)	5,762
Net change, Tax effect	136	(156)	1,296	(1,385)
Total other comprehensive income/(loss), after–tax	(434)	514	(4,099)	4,377
Translation adjustments
Unrealized gains/(losses) on investment securities:
Net unrealized gains/(losses) arising during the period/Translation, Pre-tax	(1,030)	871	(1,950)	(316)
Net unrealized gains/(losses) arising during the period/Translation, Tax effect	63	(86)	92	15
Net unrealized gains/(losses) arising during the period/Translation, After-tax	(967)	785	(1,858)	(301)
Reclassification adjustment for realized (gains)/losses included in net income, Pre-tax	1,028	(868)	1,958	316
Reclassification adjustment for realized (gains)/losses included in net income, Tax effect	(248)	210	(473)	(76)
Reclassification adjustment for realized (gains)/losses included in net income, After-tax	780	(658)	1,485	240
Net change, Pre-tax	(2)	3	8	0
Net change, Tax effect	(185)	124	(381)	(61)
Total other comprehensive income/(loss), after–tax	(187)	127	(373)	(61)
Fair value hedges, net change
Unrealized gains/(losses) on investment securities:
Net change, Pre-tax	12	(91)	(56)	45
Net change, Tax effect	(3)	22	14	(10)
Total other comprehensive income/(loss), after–tax	9	(69)	(42)	35
Cash flow hedges
Unrealized gains/(losses) on investment securities:
Net unrealized gains/(losses) arising during the period/Translation, Pre-tax	(267)	134	(1,844)	3,787
Net unrealized gains/(losses) arising during the period/Translation, Tax effect	65	(32)	443	(909)
Net unrealized gains/(losses) arising during the period/Translation, After-tax	(202)	102	(1,401)	2,878
Reclassification adjustment for realized (gains)/losses included in net income, Pre-tax	(326)	(227)	(930)	(328)
Reclassification adjustment for realized (gains)/losses included in net income, Tax effect	78	55	223	79
Reclassification adjustment for realized (gains)/losses included in net income, After-tax	(248)	(172)	(707)	(249)
Net change, Pre-tax	(593)	(93)	(2,774)	3,459
Net change, Tax effect	143	23	666	(830)
Total other comprehensive income/(loss), after–tax	(450)	(70)	(2,108)	2,629
Defined benefit pension and OPEB plans, net change
Unrealized gains/(losses) on investment securities:
Net change, Pre-tax	8	(18)	101	23
Net change, Tax effect	(2)	6	(18)	(9)
Total other comprehensive income/(loss), after–tax	6	(12)	83	14
DVA on fair value option elected liabilities, net change
Unrealized gains/(losses) on investment securities:
Net change, Pre-tax	(729)	(445)	(642)	496
Net change, Tax effect	178	106	158	(119)
Total other comprehensive income/(loss), after–tax	$ (551)	$ (339)	$ (484)	$ 377

Restricted Cash and Other Res_3

Restricted Cash and Other Restricted Assets (Details) - USD ($) $ in Billions	Sep. 30, 2021	Dec. 31, 2020
Restricted Cash and Cash Equivalents Items [Line Items]
Total restricted cash	$ 21.3	$ 24.4
Cash and securities pledged with clearing organizations for the benefit of customers	45.7	37.2
Fair value of securities restricted in relation to customer activity	24.2	1.3
Deposits with banks
Restricted Cash and Cash Equivalents Items [Line Items]
Total restricted cash	20	22.7
Cash and due from banks
Restricted Cash and Cash Equivalents Items [Line Items]
Total restricted cash	1.3	1.7
Segregated for the benefit of securities and cleared derivative customers
Restricted Cash and Cash Equivalents Items [Line Items]
Total restricted cash	16.2	19.3
Cash reserves at non-U.S. central banks and held for other general purposes
Restricted Cash and Cash Equivalents Items [Line Items]
Total restricted cash	$ 5.1	$ 5.1

Regulatory Capital (Details)

Regulatory Capital (Details) - USD ($) $ in Millions	Jan. 01, 2020	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Cumulative effect of a change in accounting principle
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
Amount excluded from capital measures of the Firm		$ 3,300
Decrease to retained earnings	$ 2,700
Cumulative effect of a change in accounting principle | Excluding PCD Loans
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
Increase in allowance for credit losses, excluding allowances on PCD loans			$ 1,900
JPMorgan Chase & Co.
Leverage-based capital metrics:
Adjusted average assets		$ 3,675,803	$ 3,675,803	$ 3,353,319
Tier 1 leverage ratio		0.066	0.066	0.070
Total leverage exposure		$ 4,463,904	$ 4,463,904	$ 3,401,542
SLR		0.055	0.055	0.069
Basel III Standardized | JPMorgan Chase & Co.
Risk-based capital metrics:
CET1 capital		$ 209,917	$ 209,917	$ 205,078
Tier 1 capital		244,207	244,207	234,844
Total capital		274,994	274,994	269,923
Risk-weighted assets		$ 1,628,406	$ 1,628,406	$ 1,560,609
CET1 capital ratio		12.90%	12.90%	13.10%
Tier 1 capital ratio		0.150	0.150	0.150
Total capital ratio		0.169	0.169	0.173
Basel III Advanced | JPMorgan Chase & Co.
Risk-based capital metrics:
CET1 capital		$ 209,917	$ 209,917	$ 205,078
Tier 1 capital		244,207	244,207	234,844
Total capital		264,469	264,469	257,228
Risk-weighted assets		$ 1,544,512	$ 1,544,512	$ 1,484,431
CET1 capital ratio		13.60%	13.60%	13.80%
Tier 1 capital ratio		0.158	0.158	0.158
Total capital ratio		0.171	0.171	0.173
Bank Holding Companies | Basel III
Well capitalized risk-based ratios
Tier 1 capital		0.060	0.060	0.060
Total capital		0.100	0.100	0.100
Minimum leverage-based capital ratios
Tier 1 leverage		0.040	0.040	0.040
SLR		5.00%	5.00%	5.00%
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
GSIB surcharge		3.50%	3.50%	3.50%
Countercyclical buffer		0	0	0
SLR, minimum requirement		3.00%	3.00%	3.00%
SLR, supplementary leverage buffer requirements		2.00%	2.00%	2.00%
Bank Holding Companies | Basel III Standardized
Minimum risk-based capital ratios
CET1 capital		11.30%	11.30%	11.30%
Tier 1 capital		0.128	0.128	0.128
Total capital		0.148	0.148	0.148
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
Stress capital buffer		3.30%	3.30%	3.30%
Bank Holding Companies | Basel III Advanced
Minimum risk-based capital ratios
CET1 capital		10.50%	10.50%	10.50%
Tier 1 capital		0.120	0.120	0.120
Total capital		0.140	0.140	0.140
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
Capital conservation buffer requirement		2.50%	2.50%	2.50%
Insured Depository Institutions | Basel III
Well capitalized risk-based ratios
CET1 capital		6.50%	6.50%	6.50%
Tier 1 capital		0.080	0.080	0.080
Total capital		0.100	0.100	0.100
Minimum leverage-based capital ratios
Tier 1 leverage		0.040	0.040	0.040
SLR		6.00%	6.00%	6.00%
Well capitalized leverage-based capital ratios
Tier 1 leverage		0.050	0.050	0.050
SLR		6.00%	6.00%	6.00%
Regulatory capital, assets and risk based ratios - supplemental information [Abstract]
Capital conservation buffer requirement		2.50%	2.50%	2.50%
SLR, minimum requirement		3.00%	3.00%	3.00%
SLR, supplementary leverage buffer requirements		3.00%	3.00%	3.00%
Insured Depository Institutions | Basel III Standardized
Minimum risk-based capital ratios
CET1 capital		7.00%	7.00%	7.00%
Tier 1 capital		0.085	0.085	0.085
Total capital		0.105	0.105	0.105
Insured Depository Institutions | Basel III Advanced
Minimum risk-based capital ratios
CET1 capital		7.00%	7.00%	7.00%
Tier 1 capital		0.085	0.085	0.085
Total capital		0.105	0.105	0.105
JPMorgan Chase Bank, N.A.
Leverage-based capital metrics:
Adjusted average assets		$ 3,223,098	$ 3,223,098	$ 2,970,285
Tier 1 leverage ratio		0.081	0.081	0.079
Total leverage exposure		$ 4,003,800	$ 4,003,800	$ 3,688,797
SLR		0.065	0.065	0.063
JPMorgan Chase Bank, N.A. | Basel III Standardized
Risk-based capital metrics:
CET1 capital		$ 259,990	$ 259,990	$ 234,235
Tier 1 capital		259,994	259,994	234,237
Total capital		276,303	276,303	252,045
Risk-weighted assets		$ 1,562,370	$ 1,562,370	$ 1,492,138
CET1 capital ratio		16.60%	16.60%	15.70%
Tier 1 capital ratio		0.166	0.166	0.157
Total capital ratio		0.177	0.177	0.169
JPMorgan Chase Bank, N.A. | Basel III Advanced
Risk-based capital metrics:
CET1 capital		$ 259,990	$ 259,990	$ 234,235
Tier 1 capital		259,994	259,994	234,237
Total capital		265,403	265,403	239,673
Risk-weighted assets		$ 1,396,725	$ 1,396,725	$ 1,343,185
CET1 capital ratio		18.60%	18.60%	17.40%
Tier 1 capital ratio		0.186	0.186	0.174
Total capital ratio		0.190	0.190	0.178

Off-balance Sheet Lending-rel_3

Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	$ 1,266,530	$ 1,165,688
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	880,298
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	195,157
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	152,855
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	38,220
Off-balance sheet lending-related financial commitments, Carrying value	2,841	2,753
Warranty Reserves
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Loan sale and securitization-related indemnifications, Mortgage repurchase liability, Carrying value	61	84
Total Consumer
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	767,294	715,825
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	748,613
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	2,030
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	5,313
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	11,338
Off-balance sheet lending-related financial commitments, Carrying value	130	148
Total consumer, excluding credit card
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	56,684	57,319
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	38,003
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	2,030
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	5,313
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	11,338
Off-balance sheet lending-related financial commitments, Carrying value	130	148
Residential real estate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	44,542	46,047
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	26,748
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	2,030
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	5,313
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	10,451
Off-balance sheet lending-related financial commitments, Carrying value	130	148
Auto and other
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	12,142	11,272
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	11,255
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	0
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	0
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	887
Off-balance sheet lending-related financial commitments, Carrying value	0	0
Credit card
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	710,610	658,506
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	710,610
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	0
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	0
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	0
Off-balance sheet lending-related financial commitments, Carrying value	0	0
Total wholesale
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	499,236	449,863
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	131,685
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	193,127
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	147,542
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	26,882
Off-balance sheet lending-related financial commitments, Carrying value	2,711	2,605
Other unfunded commitments to extend credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	466,892	415,828
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	114,200
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	184,046
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	143,335
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	25,311
Off-balance sheet lending-related financial commitments, Carrying value	2,087	2,148
Off balance sheet lending related financial instruments guarantees and other commitments - supplemental information [Abstract]
Risk participations for other unfunded commitments to extend credit	48	72
Standby letters of credit and other financial guarantees
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	27,943	30,982
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	13,549
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	8,709
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	4,114
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	1,571
Off-balance sheet lending-related financial commitments, Carrying value	614	443
Other guarantees and commitments, Carrying value	536	363
Loan sale and securitization-related indemnifications, Mortgage repurchase liability, Carrying value	78	80
Off balance sheet lending related financial instruments guarantees and other commitments - supplemental information [Abstract]
Risk participations for standby letters of credit and other financial guarantees	7,900	8,500
Other letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total lending-related commitments	4,401	3,053
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring in 1 year or less	3,936
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 1 year through 3 years	372
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 3 years through 5 years	93
Off-balance sheet lending-related financial commitments, Contractual amount, Expiring after 5 years	0
Off-balance sheet lending-related financial commitments, Carrying value	10	14
Other guarantees and commitments, Carrying value	0	0
Loan sale and securitization-related indemnifications, Mortgage repurchase liability, Carrying value	10	14
Off balance sheet lending related financial instruments guarantees and other commitments - supplemental information [Abstract]
Risk participations for other letters of credit	609	357
Securities lending indemnification agreements and guarantees
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	306,562	250,418
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	306,562
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	0
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	0
Other guarantees and commitments, Contractual amount, Expiring after 5 years	0
Other guarantees and commitments, Carrying value	0	0
Off balance sheet lending related financial instruments guarantees and other commitments - supplemental information [Abstract]
Indemnification agreement securities lending guarantees collateral held in support of	324,000	264,300
Derivatives qualifying as guarantees
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	54,811	54,415
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	2,828
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	420
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	11,693
Other guarantees and commitments, Contractual amount, Expiring after 5 years	39,870
Other guarantees and commitments, Carrying value	390	322
Unsettled resale and securities borrowed agreements
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	157,334	102,355
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	150,495
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	6,839
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	0
Other guarantees and commitments, Contractual amount, Expiring after 5 years	0
Other guarantees and commitments, Carrying value	1	2
Unsettled repurchase and securities loaned agreements
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	136,602	104,901
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	136,019
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	583
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	0
Other guarantees and commitments, Contractual amount, Expiring after 5 years	0
Other guarantees and commitments, Carrying value	0	(1)
Loans sold with recourse
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Loan sale and securitization-related indemnifications, Loans sold with recourse, Contractual amount	807	889
Loan sale and securitization-related indemnifications, Loans sold with recourse, Carrying value	20	23
Exchange & clearing house guarantees and commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	119,331	142,003
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	119,331
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	0
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	0
Other guarantees and commitments, Contractual amount, Expiring after 5 years	0
Other guarantees and commitments, Carrying value	0	0
Other guarantees and commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Other guarantees and commitments, Contractual amount	11,743	9,639
Other guarantees and commitments, Contractual amount, Expiring in 1 year or less	6,787
Other guarantees and commitments, Contractual amount, Expiring after 1 year through 3 years	2,886
Other guarantees and commitments, Contractual amount, Expiring after 3 years through 5 years	323
Other guarantees and commitments, Contractual amount, Expiring after 5 years	1,747
Other guarantees and commitments, Carrying value	$ 51	$ 52
Days Past Due, 60 or More | Credit card
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Line of credit close criteria, period past due	60 days

Off-balance Sheet Lending-rel_4

Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments - Standby Letters of Credit and Other Financial Guarantees (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Standby letters of credit and other financial guarantees and other letters of credit [Abstract]
Total lending-related commitments	$ 1,266,530	$ 1,165,688
Total carrying value	2,841	2,753
Standby letters of credit and other financial guarantees
Standby letters of credit and other financial guarantees and other letters of credit [Abstract]
Investment-grade	19,823	22,850
Noninvestment-grade	8,120	8,132
Total lending-related commitments	27,943	30,982
Allowance for lending-related commitments	78	80
Guarantee liability	536	363
Total carrying value	614	443
Commitments with collateral	15,071	17,238
Other letters of credit
Standby letters of credit and other financial guarantees and other letters of credit [Abstract]
Investment-grade	3,502	2,263
Noninvestment-grade	899	790
Total lending-related commitments	4,401	3,053
Allowance for lending-related commitments	10	14
Guarantee liability	0	0
Total carrying value	10	14
Commitments with collateral	$ 929	$ 498

Off-balance Sheet Lending-rel_5

Off-balance Sheet Lending-related Financial Instruments, Guarantees, and Other Commitments - Schedule of Derivatives Qualifying as Guarantees (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Notional amounts
Stable value contracts with contractually limited exposure	$ 52,835,000	$ 47,175,000
JPMorgan Chase Financial Company LLC
Fair value
Direct-owned finance subsidiary ownership	100.00%
Derivatives qualifying as guarantees
Notional amounts
Derivative guarantees	$ 54,811	54,415
Stable value contracts with contractually limited exposure	29,741	27,752
Maximum exposure of stable value contracts with contractually limited exposure	2,878	2,803
Fair value
Derivative payables	$ 390	$ 322

Pledged Assets and Collateral -

Pledged Assets and Collateral - Schedule of Pledged Assets (Details) - USD ($) $ in Billions	Sep. 30, 2021	Dec. 31, 2020
Pledged assets and Collateral
Assets that may be sold or repledged or otherwise used by secured parties	$ 122.4	$ 166.6
Assets that may not be sold or repledged or otherwise used by secured parties	115.3	113.9
Total pledged assets	700.6	735.8
Assets pledged at Federal Reserve banks and FHLBs
Pledged assets and Collateral
Total pledged assets	$ 462.9	$ 455.3

Pledged Assets and Collateral_2

Pledged Assets and Collateral - Schedule of Collateral Received (Details) - USD ($) $ in Billions	Sep. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Collateral permitted to be sold or repledged, delivered, or otherwise used	$ 1,417.7	$ 1,451.7
Collateral sold, repledged, delivered or otherwise used	$ 1,085.7	$ 1,038.9

Litigation (Details)

Litigation (Details) € in Millions

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

36 Months Ended

Sep. 30, 2021EUR (€)

Aug. 31, 2021USD ($)

Oct. 31, 2020claim

May 31, 2020USD ($)

Dec. 31, 2019USD ($)

Sep. 30, 2018USD ($)

Nov. 30, 2017USD ($)

Jan. 31, 2017

Sep. 30, 2021USD ($)

Sep. 30, 2020USD ($)

Sep. 30, 2021USD ($)claimcount

Sep. 30, 2020USD ($)

Dec. 31, 2020USD ($)defendant

Dec. 31, 2012USD ($)action

Dec. 31, 2013USD ($)

Dec. 31, 2012fund

Loss Contingencies [Line Items]

Legal expense

$ 76,000,000

$ 524,000,000

$ 289,000,000

$ 839,000,000

Threatened or Pending Litigation | Minimum

Loss Contingencies [Line Items]

Loss contingency range of possible loss

0

0

Threatened or Pending Litigation | Maximum

Loss Contingencies [Line Items]

Loss contingency range of possible loss

$ 1,500,000,000

1,500,000,000

Amrapali Litigation | JPMorgan India Private Limited

Loss Contingencies [Line Items]

Number of offshore funds formerly managed by JPMorgan Chase entities | fund

2

Amount of claim

$ 31,500,000

$ 25,000,000

Federal Republic of Nigeria Litigation | Federal Government of Nigeria and Two Major International Oil Companies

Loss Contingencies [Line Items]

Amount paid out of monies in account following settlement of dispute

$ 1,100,000,000

Federal Republic of Nigeria Litigation | Federal Republic of Nigeria

Loss Contingencies [Line Items]

Amount of claim

$ 875,000,000

Foreign Exchange Investigations and Litigation

Loss Contingencies [Line Items]

Loss contingency, exemption of disqualification period

5 years

Loss contingency disqualification period

10 years

Number of other defendants that agreed in principle to settle class action | defendant

11

Settlement amount

$ 10,000,000

Interchange Litigation

Loss Contingencies [Line Items]

Number of claims settled | action

2

Interchange Litigation | The Defendants

Loss Contingencies [Line Items]

Settlement amount

$ 900,000,000

$ 5,300,000,000

Payments for legal settlement

$ 700,000,000

Metals and U.S. Treasuries Investigations and Litigation and Related Inquiries

Loss Contingencies [Line Items]

Settlement amount

$ 920,000,000

Number of claims settled | claim

3

Number of counts of wire fraud charged | count

2

Period after which criminal information will be dismissed with full compliance with all obligations

3 years

Number of claims filed | claim

2

Wendel Litigation | JPMorgan Chase Bank, N.A.

Loss Contingencies [Line Items]

Payments for legal settlement | €

€ 25

Business Segments (Details)

Business Segments (Details) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2021USD ($)		Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)segment		Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)	[2]
Segment Reporting Information [Line Items]
Number of reportable segments | segment					4
Noninterest revenue		$ 16,567		$ 16,242	$ 53,682		$ 49,311
Net interest income		13,080		13,013	38,710		41,305
Total net revenue		29,647		29,255	92,392		90,616
Provision for credit losses		(1,527)		611	(7,968)		19,369
Noninterest expense		17,063		16,875	53,455		50,608
Income before income tax expense		14,111		11,769	46,905		20,639
Income tax expense/(benefit)	[1]	2,424		2,326	8,970		3,644
Net income		11,687		9,443	37,935		16,995
Average equity		253,556		236,797	250,011		235,251
Total assets		$ 3,757,576	[2]	$ 3,245,061	$ 3,757,576	[2]	$ 3,245,061	$ 3,384,757
ROE		18.00%		15.00%	20.00%		9.00%
Overhead ratio		58.00%		58.00%	58.00%		56.00%
Operating Segments | Consumer & Community Banking
Segment Reporting Information [Line Items]
Noninterest revenue		$ 4,138		$ 4,863	$ 13,452		$ 13,182
Net interest income		8,383		8,032	24,346		25,358
Total net revenue		12,521		12,895	37,798		38,540
Provision for credit losses		(459)		795	(5,929)		12,395
Noninterest expense		7,238		6,912	21,502		20,948
Income before income tax expense		5,742		5,188	22,225		5,197
Income tax expense/(benefit)		1,401		1,317	5,522		1,305
Net income		4,341		3,871	16,703		3,892
Average equity		50,000		52,000	50,000		52,000
Total assets		$ 493,169		$ 487,063	$ 493,169		$ 487,063
ROE		34.00%		29.00%	44.00%		9.00%
Overhead ratio		58.00%		54.00%	57.00%		54.00%
Operating Segments | Corporate & Investment Bank
Segment Reporting Information [Line Items]
Noninterest revenue		$ 9,061		$ 8,118	$ 30,061		$ 27,318
Net interest income		3,335		3,428	10,154		10,614
Total net revenue		12,396		11,546	40,215		37,932
Provision for credit losses		(638)		(81)	(1,048)		3,307
Noninterest expense		5,871		5,832	19,498		18,599
Income before income tax expense		7,163		5,795	21,765		16,026
Income tax expense/(benefit)		1,601		1,486	5,478		4,281
Net income		5,562		4,309	16,287		11,745
Average equity		83,000		80,000	83,000		80,000
Total assets		$ 1,355,752		$ 1,088,282	$ 1,355,752		$ 1,088,282
ROE		26.00%		21.00%	25.00%		19.00%
Overhead ratio		47.00%		51.00%	48.00%		49.00%
Operating Segments | Commercial Banking
Segment Reporting Information [Line Items]
Noninterest revenue		$ 988		$ 761	$ 2,855		$ 2,192
Net interest income		1,532		1,524	4,541		4,658
Total net revenue		2,520		2,285	7,396		6,850
Provision for credit losses		(363)		(147)	(858)		3,294
Noninterest expense		1,032		969	2,982		2,848
Income before income tax expense		1,851		1,463	5,272		708
Income tax expense/(benefit)		444		377	1,277		164
Net income		1,407		1,086	3,995		544
Average equity		24,000		22,000	24,000		22,000
Total assets		$ 227,670		$ 228,583	$ 227,670		$ 228,583
ROE		22.00%		19.00%	21.00%		2.00%
Overhead ratio		41.00%		42.00%	40.00%		42.00%
Operating Segments | Asset & Wealth Management
Segment Reporting Information [Line Items]
Noninterest revenue		$ 3,312		$ 2,739	$ 9,623		$ 7,843
Net interest income		988		815	2,861		2,530
Total net revenue		4,300		3,554	12,484		10,373
Provision for credit losses		(60)		(52)	(191)		265
Noninterest expense		2,762		2,443	7,922		7,201
Income before income tax expense		1,598		1,163	4,753		2,907
Income tax expense/(benefit)		404		287	1,162		701
Net income		1,194		876	3,591		2,206
Average equity		14,000		10,500	14,000		10,500
Total assets		$ 221,702		$ 187,858	$ 221,702		$ 187,858
ROE		33.00%		32.00%	33.00%		27.00%
Overhead ratio		64.00%		69.00%	63.00%		69.00%
Corporate
Segment Reporting Information [Line Items]
Noninterest revenue		$ (242)		$ 343	$ (68)		$ 607
Net interest income		(1,054)		(682)	(2,870)		(1,534)
Total net revenue		(1,296)		(339)	(2,938)		(927)
Provision for credit losses		(7)		96	58		108
Noninterest expense		160		719	1,551		1,012
Income before income tax expense		(1,449)		(1,154)	(4,547)		(2,047)
Income tax expense/(benefit)		(632)		(455)	(1,906)		(655)
Net income		(817)		(699)	(2,641)		(1,392)
Average equity		82,556		72,297	79,011		70,751
Total assets		1,459,283		1,253,275	1,459,283		1,253,275
Reconciling Items
Segment Reporting Information [Line Items]
Noninterest revenue		(690)		(582)	(2,241)		(1,831)
Net interest income		(104)		(104)	(322)		(321)
Total net revenue		(794)		(686)	(2,563)		(2,152)
Provision for credit losses		0		0	0		0
Noninterest expense		0		0	0		0
Income before income tax expense		(794)		(686)	(2,563)		(2,152)
Income tax expense/(benefit)		(794)		(686)	(2,563)		(2,152)
Net income		0		0	0		0
Average equity		$ 0		$ 0	$ 0		$ 0
[1]	Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.
[2]	The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion. (in millions) September 30, 2021 December 31, 2020 Assets Trading assets $ 2,011 $ 1,934 Loans 35,352 37,619 All other assets 516 681 Total assets $ 37,879 $ 40,234 Liabilities Beneficial interests issued by consolidated VIEs $ 13,257 $ 17,578 All other liabilities 234 233 Total liabilities $ 13,491 $ 17,811