The Charles Schwab Corporation (SCHW) 10-Q 9 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	1-9700
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-3025021
Entity Address, Address Line One	3000 Schwab Way
Entity Address, City or Town	Westlake
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76262
City Area Code	817
Local Phone Number	859-5000
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 Registrant Name	SCHWAB CHARLES CORP
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0000316709
Common Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common Stock – $.01 par value per share
Trading Symbol	SCHW
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding (in shares)		1,817,057,306
Series D Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D
Trading Symbol	SCHW PrD
Security Exchange Name	NYSE
Series J Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% Non-Cumulative Preferred Stock, Series J
Trading Symbol	SCHW PrJ
Security Exchange Name	NYSE
Nonvoting Common Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		79,293,695

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Net Revenues
Interest revenue		$ 2,319	$ 2,015
Interest expense		(136)	(104)
Net interest revenue		2,183	1,911
Other		164	221
Total net revenues		4,672	4,715
Expenses Excluding Interest
Compensation and benefits		1,546	1,430
Professional services		244	226
Occupancy and equipment		269	237
Advertising and market development		102	116
Communications		144	147
Depreciation and amortization		150	129
Amortization of acquired intangible assets		154	154
Regulatory fees and assessments		68	78
Other		156	238
Total expenses excluding interest		2,833	2,755
Income before taxes on income		1,839	1,960
Taxes on income		437	476
Net Income		1,402	1,484
Preferred stock dividends and other		124	96
Net Income Available to Common Stockholders		$ 1,278	$ 1,388
Weighted-Average Common Shares Outstanding:
Basic (in shares)		1,894	1,882
Diluted (in shares)		1,905	1,892
Earnings Per Common Shares Outstanding
Basic (in USD per share)	[1]	$ 0.67	$ 0.74
Diluted (in USD per share)	[1]	$ 0.67	$ 0.73
Asset management and administration fees [Member]
Net Revenues
Revenues from contracts with customers	[2]	$ 1,068	$ 1,016
Trading revenue [Member]
Net Revenues
Revenues from contracts with customers		963	1,216
Bank deposit account fees [Member]
Net Revenues
Revenues from contracts with customers		$ 294	$ 351
[1]	The Company had voting and nonvoting common stock outstanding. As the participation rights, including dividend and liquidation rights, are identical between the voting and nonvoting stock classes, basic and diluted earnings per share are the same for each class. See Note 15 for additional information.
[2]	Includes fee waivers of $54 million and $78 million for the three months ended March 31, 2022 and 2021, respectively.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Fee waivers	$ 54	$ 78

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,402	$ 1,484
Change in net unrealized gain (loss) on available for sale securities:
Net unrealized gain (loss) excluding transfers to held to maturity	(13,135)	(5,917)
Reclassification of net unrealized loss transferred to held to maturity	2,429	0
Other reclassifications included in other revenue	(12)	(10)
Change in net unrealized gain (loss) on held to maturity securities:
Reclassification of net unrealized loss transferred from available for sale	(2,429)	0
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale	92	0
Other comprehensive income (loss), before tax	(13,055)	(5,927)
Income tax effect	3,119	1,411
Other comprehensive income (loss), net of tax	(9,936)	(4,516)
Comprehensive Income (Loss)	$ (8,534)	$ (3,032)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022		Dec. 31, 2021
Assets
Cash and cash equivalents	$ 91,126	[1]	$ 62,975
Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $14,011 at March 31, 2022 and $13,096 at December 31, 2021)	54,445		53,949
Receivables from brokerage clients — net	84,070		90,565
Available for sale securities (amortized cost of $284,195 at March 31, 2022 and $391,482 at December 31, 2021)	272,049		390,054
Held to maturity securities	105,286		0
Bank loans — net	37,207		34,636
Equipment, office facilities, and property — net	3,499		3,442
Goodwill	11,952		11,952
Acquired intangible assets — net	9,227		9,379
Other assets	12,089		10,318
Total assets	680,950		667,270
Liabilities and Stockholders’ Equity
Bank deposits	465,827		443,778
Payables to brokerage clients	125,307		125,671
Accrued expenses and other liabilities	15,611		17,791
Short-term borrowings	4,234		4,855
Long-term debt	21,873		18,914
Total liabilities	632,852		611,009
Stockholders’ equity:
Preferred stock — $.01 par value per share; aggregate liquidation preference of $10,850 and $10,100 at March 31, 2022 and December 31, 2021, respectively	10,694		9,954
Additional paid-in capital	26,826		26,741
Retained earnings	26,895		25,992
Treasury stock, at cost — 178,779,573 shares at March 31, 2022 and 180,959,274 shares at December 31, 2021	(5,293)		(5,338)
Accumulated other comprehensive income (loss)	(11,045)		(1,109)
Total stockholders’ equity	48,098		56,261
Total liabilities and stockholders’ equity	680,950		667,270
Common Stock [Member]
Stockholders’ equity:
Common stock	20		20
Nonvoting Common Stock [Member]
Stockholders’ equity:
Common stock	$ 1		$ 1
[1]	For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 16.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Cash and investments segregated and on deposit for regulatory purposes, resale agreements	$ 14,011	$ 13,096
Amortized cost of available for sale securities	284,195	$ 391,482
Fair Value	$ 99,149
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, aggregate liquidation preference	$ 10,850	$ 10,100
Common stock, shares authorized (in shares)	3,000,000,000	3,000,000,000
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	1,994,895,180	1,994,895,180
Treasury stock (in shares)	178,779,573	180,959,274
Nonvoting Common Stock [Member]
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	79,293,695	79,293,695

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Nonvoting Common Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Common Stock [Member]Nonvoting Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, at cost [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at beginning of period at Dec. 31, 2020	$ 56,060		$ 7,733	$ 20	$ 1	$ 26,515	$ 21,975	$ (5,578)	$ 5,394
Beginning balance (in shares) at Dec. 31, 2020				1,995	79
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,484	$ 62					1,484
Other comprehensive income (loss), net of tax	(4,516)								(4,516)
Issuance of preferred stock, net	2,806		2,806
Dividends declared on preferred stock	(90)						(90)
Dividends declared on common stock	(340)						(340)
Stock option exercises and other	97					8		89
Share-based compensation	98					98
Other	(5)					8	0	(13)
Ending balance (in shares) at Mar. 31, 2021				1,995	79
Balance at end of period at Mar. 31, 2021	55,594		10,539	$ 20	$ 1	26,629	23,029	(5,502)	878
Balance at beginning of period at Dec. 31, 2021	56,261		9,954	$ 20	$ 1	26,741	25,992	(5,338)	(1,109)
Beginning balance (in shares) at Dec. 31, 2021				1,995	79
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,402	$ 58					1,402
Other comprehensive income (loss), net of tax	(9,936)								(9,936)
Issuance of preferred stock, net	740		740
Dividends declared on preferred stock	(118)						(118)
Dividends declared on common stock	(381)						(381)
Stock option exercises and other	30					(51)		81
Share-based compensation	112					112
Other	(12)					24		(36)
Ending balance (in shares) at Mar. 31, 2022				1,995	79
Balance at end of period at Mar. 31, 2022	$ 48,098		$ 10,694	$ 20	$ 1	$ 26,826	$ 26,895	$ (5,293)	$ (11,045)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends declared on common stock (in USD per share)	$ 0.20	$ 0.18

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Cash Flows from Operating Activities
Net income		$ 1,402	$ 1,484
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Share-based compensation		144	100
Depreciation and amortization		150	129
Amortization of acquired intangible assets		154	154
Provision (benefit) for deferred income taxes		(19)	(16)
Premium amortization, net, on available for sale and held to maturity securities		486	624
Other		98	92
Net change in:
Investments segregated and on deposit for regulatory purposes		(4,628)	5,022
Receivables from brokerage clients		6,487	(10,290)
Other assets		(59)	109
Payables to brokerage clients		(364)	(2,862)
Accrued expenses and other liabilities		(798)	712
Net cash provided by (used for) operating activities		3,053	(4,742)
Cash Flows from Investing Activities
Purchases of available for sale securities		(30,710)	(41,658)
Proceeds from sales of available for sale securities		9,521	6,605
Principal payments on available for sale securities		16,892	23,909
Principal payments on held to maturity securities		3,505	0
Net change in bank loans		(2,493)	(1,780)
Purchases of equipment, office facilities, and property		(296)	(186)
Purchases of Federal Reserve stock		(27)	(10)
Other investing activities		(34)	(38)
Net cash provided by (used for) investing activities		(3,642)	(13,158)
Cash Flows from Financing Activities
Net change in bank deposits		22,049	11,876
Proceeds from commercial paper and secured lines of credit		1,148	3,250
Repayment of commercial paper and secured lines of credit		(1,771)	(750)
Issuance of long-term debt		2,971	3,970
Net proceeds from preferred stock offerings		740	2,806
Dividends paid		(509)	(445)
Proceeds from stock options exercised		30	97
Other financing activities		(49)	(25)
Net cash provided by (used for) financing activities		24,609	20,779
Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted		24,020	2,879
Cash and Cash Equivalents, including Amounts Restricted at Beginning of Period		93,338	70,560
Cash and Cash Equivalents, including Amounts Restricted at End of Period	[1]	117,358	73,439
Non-cash investing activity:
Securities transferred from available for sale to held to maturity, at fair value		108,805	0
Securities purchased during the period but settled after period end		15	0
Changes in accrued equipment, office facilities, and property purchases		(87)	23
Cash paid during the period for:
Interest		153	123
Income taxes		50	37
Amounts included in the measurement of lease liabilities		53	70
Leased assets obtained in exchange for new operating lease liabilities		140	9
Leased assets obtained in exchange for new finance lease liabilities		$ 5	$ 108
[1]	For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 16.

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions		Mar. 31, 2022	Mar. 31, 2021
Reconciliation of cash, cash equivalents and amounts reported within the balance sheet
Cash and cash equivalents	[1]	$ 91,126	$ 48,182
Restricted cash and cash equivalents amounts included in cash and investments segregated and on deposit for regulatory purposes	[1]	26,232	25,257
Total cash and cash equivalents, including amounts restricted shown in the statement of cash flows	[1]	$ 117,358	$ 73,439
[1]	For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 16.

Introduction and Basis of Prese

Introduction and Basis of Presentation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Introduction and Basis of Presentation	Introduction and Basis of Presentation The Charles Schwab Corporation (CSC) is a savings and loan holding company. CSC engages, through its subsidiaries (collectively referred to as Schwab or the Company), in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. Principal business subsidiaries of CSC include the following: • Charles Schwab & Co., Inc. (CS&Co), incorporated in 1971, a securities broker-dealer; • TD Ameritrade, Inc., an introducing securities broker-dealer; • TD Ameritrade Clearing, Inc. (TDAC), a securities broker-dealer that provides trade execution and clearing services to TD Ameritrade, Inc.; • Charles Schwab Bank, SSB (CSB), our principal banking entity; and • Charles Schwab Investment Management, Inc. (CSIM), the investment advisor for Schwab’s proprietary mutual funds (Schwab Funds ® ) and for Schwab’s exchange-traded funds (Schwab ETFs ™ ). Unless otherwise indicated, the terms “Schwab,” “the Company,” “we,” “us,” or “our” mean CSC together with its consolidated subsidiaries. These unaudited condensed consolidated financial statements have been prepared in conformity with GAAP, which require management to make certain estimates and assumptions that affect the reported amounts in the accompanying financial statements and in the related disclosures. These estimates are based on information available as of the date of the condensed consolidated financial statements. While management makes its best judgment, actual amounts or results could differ from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto, included in Schwab’s 2021 Form 10-K. The significant accounting policies are included in Note 2 in the 2021 Form 10-K. There have been no significant changes to these accounting policies during the first three months of 2022.

New Accounting Standards

New Accounting Standards	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
New Accounting Standards	New Accounting Standards Adoption of New Accounting Standards The Company did not adopt any material new accounting standards during the three months ended March 31, 2022. New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update (ASU) 2022-02, “Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” Troubled Debt Restructurings (TDRs) Eliminates the accounting guidance for TDRs. Rather than applying the specific guidance for TDRs, creditors will apply the recognition and measurement guidance for loan refinancings and restructurings to determine whether a modification results in a new loan or a continuation of an existing loan. The guidance requires enhanced disclosures for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Vintage Disclosures Requires that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost. Adoption provides for prospective application, with an option to apply the modified retrospective transition method for the change in recognition and measurement of TDRs. January 1, 2023 The Company is evaluating the impact of this guidance on its financial statements.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Disaggregated Revenue Disaggregation of Schwab’s revenue by major source is as follows: Three Months Ended 2022 2021 Net interest revenue Cash and cash equivalents $ 34 $ 7 Cash and investments segregated 15 10 Receivables from brokerage clients 626 563 Available for sale securities 947 1,091 Held to maturity securities 378 — Bank loans 187 139 Securities lending revenue 129 204 Other interest revenue 3 1 Interest revenue 2,319 2,015 Bank deposits (16) (13) Payables to brokerage clients (2) (2) Short-term borrowings (4) — Long-term debt (108) (85) Securities lending expense (7) (5) Other interest expense 1 1 Interest expense (136) (104) Net interest revenue 2,183 1,911 Asset management and administration fees Mutual funds, ETFs, and CTFs 489 470 Advice solutions 496 468 Other 83 78 Asset management and administration fees 1,068 1,016 Trading revenue Commissions 484 614 Order flow revenue 470 591 Principal transactions 9 11 Trading revenue 963 1,216 Bank deposit account fees 294 351 Other 164 221 Total net revenues $ 4,672 $ 4,715 For a summary of revenue provided by our reportable segments, see Note 17. The recognition of revenue is not impacted by the operating segment in which revenue is generated. Contract balances Substantially all receivables from contracts with customers within the scope of ASC 606, Revenue From Contracts With Customers (ASC 606), are included in other assets on the condensed consolidated balance sheets, and totaled $652 million and $637 million at March 31, 2022 and December 31, 2021, respectively. Schwab did not have any other significant contract assets or contract liability balances as of March 31, 2022 or December 31, 2021. Unsatisfied performance obligations

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The amortized cost, gross unrealized gains and losses, and fair value of the Company’s AFS and HTM investment securities are as follows: March 31, 2022 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 211,648 $ 279 $ 10,393 $ 201,534 U.S. Treasury securities 32,839 1 1,007 31,833 Asset-backed securities (1) 18,742 20 339 18,423 Corporate debt securities (2) 15,241 15 648 14,608 U.S. state and municipal securities 1,604 10 38 1,576 Non-agency commercial mortgage-backed securities 1,166 3 8 1,161 Certificates of deposit 1,300 — 4 1,296 Foreign government agency securities 1,132 — 36 1,096 Commercial paper (3) 200 — — 200 Other 323 — 1 322 Total available for sale securities $ 284,195 $ 328 $ 12,474 $ 272,049 Held to maturity securities U.S. agency mortgage-backed securities $ 105,286 $ — $ 6,137 $ 99,149 Total held to maturity securities $ 105,286 $ — $ 6,137 $ 99,149 December 31, 2021 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 335,803 $ 3,141 $ 4,589 $ 334,355 U.S. Treasury securities 21,394 13 125 21,282 Asset-backed securities (1) 17,547 79 80 17,546 Corporate debt securities (2) 12,310 143 109 12,344 U.S. state and municipal securities 1,611 81 5 1,687 Non-agency commercial mortgage-backed securities 1,170 20 — 1,190 Certificates of deposit 1,000 — 1 999 Foreign government agency securities 425 — — 425 Commercial paper (3) 200 — — 200 Other 22 4 — 26 Total available for sale securities $ 391,482 $ 3,481 $ 4,909 $ 390,054 (1) Approximately 51% and 58% of asset-backed securities held as of March 31, 2022 and December 31, 2021, respectively, were Federal Family Education Loan Program Asset-Backed Securities. Asset-backed securities collateralized by credit card receivables represented approximately 28% and 30% of the asset-backed securities held as of March 31, 2022 and December 31, 2021, respectively. (2) As of March 31, 2022 and December 31, 2021, approximately 37% and 31%, respectively, of the total AFS in corporate debt securities were issued by institutions in the financial services industry. (3) Included in cash and cash equivalents on the condensed consolidated balance sheets, but excluded from this table is $4.6 billion of AFS commercial paper as of March 31, 2022 (none as of December 31, 2021). These holdings have maturities of three months or less and an aggregate market value equal to amortized cost. In January 2022, the Company transferred $108.8 billion of U.S. agency mortgage-backed securities with a total net unrealized loss at the time of transfer of $2.4 billion from the AFS category to the HTM category. HTM securities, which the Company has the intent and ability to hold until maturity, are carried at amortized cost, net of any allowance for credit losses. The allowance for credit losses represents expected credit losses over the remaining expected life of HTM securities. The Company measures credit losses as the difference between the securities amortized cost basis and the net amount expected to be collected. The Company’s accounting policy excludes accrued interest when estimating any allowance for credit losses on HTM securities. HTM securities are placed on nonaccrual status on a timely basis and any accrued interest receivable is reversed through interest income. For certain securities, the Company is not required to estimate an allowance for credit losses because expected nonpayment of the amortized cost basis is zero based on historical credit loss information adjusted for current conditions and reasonable and supportable forecasts. At March 31, 2022, our banking subsidiaries had pledged securities with a fair value of $53.0 billion as collateral to secure borrowing capacity on secured credit facilities with the Federal Home Loan Bank (FHLB) (see Note 8). Our banking subsidiaries also pledge investment securities as collateral to secure borrowing capacity at the Federal Reserve discount window, and had pledged securities with a fair value of $10.3 billion as collateral for this facility at March 31, 2022. The Company also pledges securities issued by federal agencies to secure certain trust deposits. The fair value of these pledged securities was $1.6 billion at March 31, 2022. Securities with unrealized losses, aggregated by category and period of continuous unrealized loss, of AFS investment securities are as follows: Less than 12 months 12 months or longer Total March 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized Available for sale securities U.S. agency mortgage-backed securities $ 122,317 $ 5,606 $ 52,554 $ 4,787 $ 174,871 $ 10,393 U.S. Treasury securities 30,157 988 202 19 30,359 1,007 Asset-backed securities 11,869 282 2,984 57 14,853 339 Corporate debt securities 10,535 429 1,804 219 12,339 648 U.S. state and municipal securities 761 33 38 5 799 38 Non-agency commercial mortgage-backed securities 281 8 — — 281 8 Certificates of deposit 1,296 4 — — 1,296 4 Foreign government agency securities 1,096 36 — — 1,096 36 Other 299 1 — — 299 1 Total $ 178,611 $ 7,387 $ 57,582 $ 5,087 $ 236,193 $ 12,474 December 31, 2021 U.S. agency mortgage-backed securities $ 186,955 $ 3,216 $ 38,007 $ 1,373 $ 224,962 $ 4,589 U.S. Treasury securities 16,658 125 21 — 16,679 125 Asset-backed securities 6,093 58 2,708 22 8,801 80 Corporate debt securities 4,713 99 197 10 4,910 109 Certificates of deposit 799 1 — — 799 1 U.S. state and municipal securities 191 4 5 1 196 5 Total $ 215,409 $ 3,503 $ 40,938 $ 1,406 $ 256,347 $ 4,909 At March 31, 2022, substantially all rated securities in the investment portfolios were investment grade. U.S. agency mortgage-backed securities do not have explicit credit ratings; however, management considers these to be of the highest credit quality and rating given the guarantee of principal and interest by the U.S. government or U.S. government-sponsored enterprises. For a description of management’s quarterly evaluation of AFS securities in unrealized loss positions see Item 8 – Note 2 in the 2021 Form 10-K. No amounts were recognized as credit loss expense and no securities were written down to fair value through earnings for the three months ended March 31, 2022 and the year ended December 31, 2021. None of the Company’s AFS securities held as of March 31, 2022 and December 31, 2021 had an allowance for credit losses. All HTM securities as of March 31, 2022 were U.S. agency mortgage-backed securities and therefore had no allowance for credit losses because expected nonpayment of the amortized cost basis is zero. The Company had $674 million of accrued interest for AFS and HTM securities as of March 31, 2022 and $683 million of accrued interest receivable for AFS securities as of December 31, 2021. These amounts are excluded from the amortized cost basis and fair market value of AFS and HTM securities and included in other assets on the condensed consolidated balance sheets. There were no writeoffs of accrued interest receivable on AFS and HTM securities during the three months ended March 31, 2022, or for AFS securities for the year ended December 31, 2021. In the table below, mortgage-backed securities and other asset-backed securities have been allocated to maturity groupings based on final contractual maturities. As borrowers may have the right to call or prepay certain obligations underlying our investment securities, actual maturities may differ from the scheduled contractual maturities presented below. The maturities of AFS and HTM investment securities are as follows: March 31, 2022 Within After 1 year After 5 years After Total U.S. agency mortgage-backed securities $ 2,728 $ 15,269 $ 40,423 $ 143,114 $ 201,534 U.S. Treasury securities 5,250 24,070 2,513 — 31,833 Asset-backed securities — 6,647 2,906 8,870 18,423 Corporate debt securities 1,157 9,705 3,746 — 14,608 U.S. state and municipal securities 54 117 955 450 1,576 Non-agency commercial mortgage-backed securities — — — 1,161 1,161 Certificates of deposit 500 796 — — 1,296 Foreign government agency securities 100 996 — — 1,096 Commercial paper 200 — — — 200 Other 100 199 — 23 322 Total fair value $ 10,089 $ 57,799 $ 50,543 $ 153,618 $ 272,049 Total amortized cost $ 10,094 $ 59,019 $ 53,598 $ 161,484 $ 284,195 Held to maturity securities U.S. agency mortgage-backed securities $ 653 $ 5,099 $ 20,215 $ 73,182 $ 99,149 Total fair value $ 653 $ 5,099 $ 20,215 $ 73,182 $ 99,149 Total amortized cost $ 655 $ 5,282 $ 21,473 $ 77,876 $ 105,286 Proceeds and gross realized gains and losses from sales of AFS investment securities are as follows: Three Months Ended 2022 2021 Proceeds $ 9,521 $ 6,605 Gross realized gains 115 20 Gross realized losses 103 10

Bank Loans and Related Allowanc

Bank Loans and Related Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Bank Loans and Related Allowance for Credit Losses	Bank Loans and Related Allowance for Credit Losses The composition of bank loans and delinquency analysis by portfolio segment and class of financing receivable is as follows: March 31, 2022 Current 30-59 days 60-89 days > 90 days past (3) Total past due Total Allowance Total Residential real estate: First Mortgages (1,2) $ 22,653 $ 15 $ — $ 23 $ 38 $ 22,691 $ 23 $ 22,668 HELOCs (1,2) 607 2 — 7 9 616 2 614 Total residential real estate 23,260 17 — 30 47 23,307 25 23,282 Pledged asset lines 13,696 12 8 — 20 13,716 — 13,716 Other 212 — — — — 212 3 209 Total bank loans $ 37,168 $ 29 $ 8 $ 30 $ 67 $ 37,235 $ 28 $ 37,207 December 31, 2021 Residential real estate: First Mortgages (1,2) $ 21,022 $ 41 $ 1 $ 26 $ 68 $ 21,090 $ 13 $ 21,077 HELOCs (1,2) 637 2 — 9 11 648 2 646 Total residential real estate 21,659 43 1 35 79 21,738 15 21,723 Pledged asset lines 12,698 3 8 — 11 12,709 — 12,709 Other 207 — — — — 207 3 204 Total bank loans $ 34,564 $ 46 $ 9 $ 35 $ 90 $ 34,654 $ 18 $ 34,636 (1) First Mortgages and HELOCs include unamortized premiums and discounts and direct origination costs of $94 million and $91 million at March 31, 2022 and December 31, 2021, respectively. (2) First Mortgage and HELOC portfolios concentrated in California as of March 31, 2022 and December 31, 2021 were 45% and 46%, respectively. These loans have performed in a manner consistent with the portfolio as a whole. (3) There were no loans accruing interest that were contractually 90 days or more past due at March 31, 2022 or December 31, 2021. At March 31, 2022, CSB had pledged the full balance of First Mortgages and HELOCs pursuant to a blanket lien status collateral arrangement to secure borrowing capacity on a secured credit facility with the FHLB (see Note 8). Changes in the allowance for credit losses on bank loans were as follows: March 31, 2022 March 31, 2021 Three Months Ended First Mortgages HELOCs Total residential real estate Other Total First Mortgages HELOCs Total residential real estate Other Total Balance at beginning of $ 13 $ 2 $ 15 $ 3 $ 18 $ 22 $ 5 $ 27 $ 3 $ 30 Charge-offs — — — — — — — — — — Recoveries — — — — — — — — — — Provision for credit 10 — 10 — 10 (10) (2) (12) — (12) Balance at end of period $ 23 $ 2 $ 25 $ 3 $ 28 $ 12 $ 3 $ 15 $ 3 $ 18 PALs are subject to the collateral maintenance practical expedient under ASC 326 Financial Instruments – Credit Losses . All PALs were fully collateralized by securities with fair values in excess of borrowings as of March 31, 2022 and December 31, 2021. Therefore, no allowance for credit losses for PALs as of those dates was required. For further details on Schwab’s application of ASC 326 see Item 8 – Note 2 in the 2021 Form 10-K. Indicators of economic activity and employment continue to strengthen despite the recent Omicron wave, which dampened growth in some COVID-sensitive sectors of the economy. Management’s macroeconomic outlook reflects continued moderate growth in home prices and lower unemployment anticipated over the near term, however recent increases in treasury yields and mortgage rates may reduce borrower affordability and extend the expected life of the portfolio. These changes in the macroeconomic outlook resulted in higher modeled projections of loss rates at March 31, 2022 compared to December 31, 2021, even as credit quality metrics continue to be strong in the Company’s bank loans portfolio . A summary of bank loan-related nonperforming assets and troubled debt restructurings is as follows: March 31, 2022 December 31, 2021 Nonaccrual loans (1) $ 30 $ 35 Other real estate owned (2) — 1 Total nonperforming assets 30 36 Troubled debt restructurings — — Total nonperforming assets and troubled debt restructurings $ 30 $ 36 (1) Nonaccrual loans include nonaccrual troubled debt restructurings. (2) Included in other assets on the condensed consolidated balance sheets. Credit Quality In addition to monitoring delinquency, Schwab monitors the credit quality of First Mortgages and HELOCs by stratifying the portfolios by the following: • Year of origination; • Borrower FICO scores at origination (Origination FICO); • Updated borrower FICO scores (Updated FICO); • Loan-to-value (LTV) ratios at origination (Origination LTV); and • Estimated Current LTV ratios (Estimated Current LTV). Borrowers’ FICO scores are provided by an independent third-party credit reporting service and generally updated quarterly. The Origination LTV and Estimated Current LTV for a HELOC include any first lien mortgage outstanding on the same property at the time of the HELOC’s origination. The Estimated Current LTV for each loan is updated on a monthly basis by reference to a home price appreciation index. The credit quality indicators of the Company’s bank loan portfolio are detailed below: First Mortgages Amortized Cost Basis by Origination Year March 31, 2022 2022 2021 2020 2019 2018 pre-2018 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ 1 $ 1 $ — $ — $ 1 $ 3 $ — $ — $ — 620 – 679 13 32 23 3 1 21 93 — 2 2 680 – 739 303 1,297 466 132 37 266 2,501 58 56 114 ≥740 2,064 11,614 4,158 919 140 1,199 20,094 298 202 500 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Origination LTV ≤70% $ 1,939 $ 11,193 $ 3,860 $ 847 $ 140 $ 1,110 $ 19,089 $ 298 $ 185 $ 483 >70% – ≤90% 441 1,751 788 207 38 374 3,599 58 73 131 >90% – ≤100% — — — — — 3 3 — 2 2 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Updated FICO <620 $ — $ 11 $ 11 $ 1 $ 1 $ 13 $ 37 $ 1 $ 6 $ 7 620 – 679 27 114 46 10 8 49 254 8 13 21 680 – 739 302 1,118 373 110 23 166 2,092 46 38 84 ≥740 2,051 11,701 4,218 933 146 1,259 20,308 301 203 504 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Estimated Current LTV (1) ≤70% $ 1,953 $ 12,107 $ 4,624 $ 1,050 $ 178 $ 1,483 $ 21,395 $ 356 $ 258 $ 614 >70% – ≤90% 427 837 24 4 — 4 1,296 — 1 1 >90% – ≤100% — — — — — — — — 1 1 >100% — — — — — — — — — — Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Percent of Loans on 0.02 % 0.02 % 0.10 % 0.01 % 0.02 % 1.03 % 0.10 % 0.51 % 1.89 % 1.14 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs. First Mortgages Amortized Cost Basis by Origination Year December 31, 2021 2021 2020 2019 2018 pre-2018 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ 1 $ 1 $ — $ — $ 1 $ 3 $ — $ — $ — 620 – 679 34 25 5 1 25 90 — 2 2 680 – 739 1,306 524 146 41 313 2,330 61 60 121 ≥740 11,649 4,454 1,049 165 1,350 18,667 308 217 525 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Origination LTV ≤70% $ 11,234 $ 4,159 $ 948 $ 160 $ 1,260 $ 17,761 $ 305 $ 199 $ 504 >70% – ≤90% 1,756 845 252 47 426 3,326 64 78 142 >90% – ≤100% — — — — 3 3 — 2 2 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Updated FICO <620 $ 5 $ 2 $ 1 $ — $ 14 $ 22 $ 2 $ 6 $ 8 620 – 679 96 69 19 7 38 229 6 14 20 680 – 739 1,265 421 115 24 202 2,027 51 39 90 ≥740 11,624 4,512 1,065 176 1,435 18,812 310 220 530 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Estimated Current LTV (1) ≤70% $ 11,707 $ 4,961 $ 1,196 $ 206 $ 1,684 $ 19,754 $ 368 $ 277 $ 645 >70% – ≤90% 1,283 43 4 1 5 1,336 1 2 3 >90% – ≤100% — — — — — — — — — >100% — — — — — — — — — Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Percent of Loans on 0.03 % 0.10 % 0.03 % 0.03 % 1.03 % 0.12 % 0.64 % 2.33 % 1.39 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs. At March 31, 2022, First Mortgage loans of $18.3 billion had adjustable interest rates. Substantially all of these mortgages have initial fixed interest rates for three three At March 31, 2022 and December 31, 2021, Schwab had $64 million and $57 million, respectively, of accrued interest on bank loans, which is excluded from the amortized cost basis of bank loans and included in other assets on the condensed consolidated balance sheets. The HELOC product has a 30-year loan term with an initial draw period of ten years from the date of origination. After the initial draw period, the balance outstanding at such time is converted to a 20-year amortizing loan. The interest rate during the initial draw period and the 20-year amortizing period is a floating rate based on the prime rate plus a margin. The following table presents HELOCs converted to amortizing loans during each period presented: Three Months Ended 2022 2021 HELOCs converted to amortizing loans $ 2 $ 9 The following table presents when current outstanding HELOCs will convert to amortizing loans: March 31, 2022 Balance Converted to an amortizing loan by period end $ 260 Within 1 year 22 > 1 year – 3 years 60 > 3 years – 5 years 62 > 5 years 212 Total $ 616 At March 31, 2022, $469 million of the HELOC portfolio was secured by second liens on the associated properties. Second lien mortgage loans typically possess a higher degree of credit risk given the subordination to the first lien holder in the event of default. In addition to the credit monitoring activities described previously, Schwab also monitors credit risk by reviewing the delinquency status of the first lien loan on the associated property. At March 31, 2022, the borrowers on approximately 53% of HELOC loan balances outstanding only paid the minimum amount due.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities [Abstract]
Variable Interest Entities	Variable Interest Entities As of March 31, 2022 and December 31, 2021, all of Schwab’s involvement with variable interest entities (VIEs) is through CSB’s Community Reinvestment Act (CRA)-related investments and most of these are related to LIHTC investments. As part of CSB’s community reinvestment initiatives, CSB invests in funds that make equity investments in multifamily affordable housing properties and receives tax credits and other tax benefits for these investments. Aggregate assets, liabilities, and maximum exposure to loss The aggregate assets, liabilities, and maximum exposure to loss from those VIEs in which Schwab holds a variable interest, but is not the primary beneficiary, are summarized in the table below: March 31, 2022 December 31, 2021 Aggregate Aggregate Maximum Aggregate Aggregate Maximum LIHTC investments (1) $ 914 $ 516 $ 914 $ 915 $ 530 $ 915 Other CRA investments (2) 181 — 207 161 — 211 Total $ 1,095 $ 516 $ 1,121 $ 1,076 $ 530 $ 1,126 (1) Aggregate assets and aggregate liabilities are included in other assets and accrued expenses and other liabilities, respectively, on the condensed consolidated balance sheets. (2) Other CRA investments are accounted for as loans at amortized cost, equity method investments, AFS securities, or using the adjusted cost method. Aggregate assets are included in AFS securities, bank loans – net, or other assets on the condensed consolidated balance sheets.

Bank Deposits

Bank Deposits	3 Months Ended
	Mar. 31, 2022
Deposit Liabilities [Abstract]
Bank Deposits	Bank Deposits Bank deposits consist of interest-bearing and non-interest-bearing deposits as follows: March 31, 2022 December 31, 2021 Interest-bearing deposits: Deposits swept from brokerage accounts $ 434,008 $ 412,287 Checking 23,343 22,786 Savings and other 7,347 7,234 Total interest-bearing deposits 464,698 442,307 Non-interest-bearing deposits 1,129 1,471 Total bank deposits $ 465,827 $ 443,778

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Borrowings	Borrowings CSC Senior Notes CSC’s Senior Notes are unsecured obligations. CSC may redeem some or all of the Senior Notes of each series prior to their maturity, subject to certain restrictions, and the payment of an applicable make-whole premium in certain instances. Interest is payable semi-annually for the fixed-rate Senior Notes and quarterly for the floating-rate Senior Notes. TDA Holding Senior Notes TDA Holding’s Senior Notes are unsecured obligations. TDA Holding may redeem some or all of the Senior Notes of each series prior to their maturity, subject to certain restrictions, and the payment of an applicable make-whole premium in certain instances. Interest is payable semi-annually for the fixed-rate Senior Notes. The following table lists long-term debt by instrument outstanding as of March 31, 2022 and December 31, 2021. Date of Issuance Principal Amount Outstanding March 31, 2022 December 31, 2021 CSC Fixed-rate Senior Notes: 3.225% due September 1, 2022 08/29/12 $ 256 $ 256 2.650% due January 25, 2023 12/07/17 800 800 3.550% due February 1, 2024 10/31/18 500 500 0.750% due March 18, 2024 03/18/21 1,500 1,500 3.750% due April 1, 2024 09/24/21 350 350 3.000% due March 10, 2025 03/10/15 375 375 4.200% due March 24, 2025 03/24/20 600 600 3.625% due April 1, 2025 09/24/21 418 418 3.850% due May 21, 2025 05/22/18 750 750 3.450% due February 13, 2026 11/13/15 350 350 0.900% due March 11, 2026 12/11/20 1,250 1,250 1.150% due May 13, 2026 05/13/21 1,000 1,000 3.200% due March 2, 2027 03/02/17 650 650 2.450% due March 3, 2027 03/03/22 1,500 — 3.300% due April 1, 2027 09/24/21 744 744 3.200% due January 25, 2028 12/07/17 700 700 2.000% due March 20, 2028 03/18/21 1,250 1,250 4.000% due February 1, 2029 10/31/18 600 600 3.250% due May 22, 2029 05/22/19 600 600 2.750% due October 1, 2029 09/24/21 475 475 4.625% due March 22, 2030 03/24/20 500 500 1.650% due March 11, 2031 12/11/20 750 750 2.300% due May 13, 2031 05/13/21 750 750 1.950% due December 1, 2031 08/26/21 850 850 2.900% due March 3, 2032 03/03/22 1,000 — CSC Floating-rate Senior Notes: SOFR + 0.500% due March 18, 2024 03/18/21 1,250 1,250 SOFR + 0.520% due May 13, 2026 05/13/21 500 500 SOFR + 1.050% due March 3, 2027 03/03/22 500 — Total CSC Senior Notes 20,768 17,768 TDA Holding Fixed-rate Senior Notes: 2.950% due April 1, 2022 03/09/15 750 750 3.750% due April 1, 2024 11/01/18 50 50 3.625% due April 1, 2025 10/22/14 82 82 3.300% due April 1, 2027 04/27/17 56 56 2.750% due October 1, 2029 08/16/19 25 25 Total TDA Holding Senior Notes 963 963 Finance lease liabilities 91 94 Unamortized premium — net 162 180 Debt issuance costs (111) (91) Total long-term debt $ 21,873 $ 18,914 Annual maturities on all long-term debt outstanding at March 31, 2022 are as follows: Maturities 2022 $ 1,028 2023 832 2024 3,675 2025 2,237 2026 3,100 Thereafter 10,950 Total maturities 21,822 Unamortized premium— net 162 Debt issuance costs (111) Total long-term debt $ 21,873 Short-term borrowings: CSC has the ability to issue up to $5.0 billion of commercial paper notes with maturities up to 270 days; and had $2.4 billion outstanding at March 31, 2022 and $3.0 billion at December 31, 2021. CSC and CS&Co also have access to uncommitted lines of credit with external banks with total borrowing capacity of $1.5 billion; no amounts were outstanding as of March 31, 2022 or December 31, 2021. Our banking subsidiaries maintain secured credit facilities with the FHLB. Amounts available under these facilities are dependent on the amount of our First Mortgages, HELOCs, and the fair value of certain of their investment securities that are pledged as collateral. As of March 31, 2022 and December 31, 2021, the collateral pledged provided a total borrowing capacity of $68.2 billion and $63.5 billion, respectively, of which no amounts were outstanding at the end of either period. Our banking subsidiaries have access to funding through the Federal Reserve discount window. Amounts available are dependent upon the fair value of certain investment securities that are pledged as collateral. As of March 31, 2022 and December 31, 2021, our collateral pledged provided total borrowing capacity of $10.3 billion and $12.0 billion, respectively, of which no amounts were outstanding at the end of either period. Our banking subsidiaries may engage with external banks in repurchase agreements collateralized by investment securities as another source of short-term liquidity. The Company had no borrowings outstanding pursuant to such repurchase agreements at March 31, 2022 or December 31, 2021. TDAC maintains secured uncommitted lines of credit, under which TDAC borrows on either a demand or short-term basis and pledges client margin securities as collateral. There was $1.9 billion outstanding under the secured uncommitted lines of credit as of March 31, 2022 and December 31, 2021. See Note 11 for additional information. TDAC maintained one senior unsecured committed revolving credit facility as of March 31, 2022 with an aggregate borrowing capacity of $600 million which matured in April 2022 and was not renewed. There were no borrowings outstanding under the TDAC senior revolving facilities as of March 31, 2022 or December 31, 2021.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Loan Portfolio: CSB provides a co-branded loan origination program for CSB clients (the Program) with Rocket Mortgage, LLC (Rocket Mortgage ® ), formerly known as Quicken Loans, LLC. Pursuant to the Program, Rocket Mortgage originates and services First Mortgages and HELOCs for CSB clients. Under the Program, CSB purchases certain First Mortgages and HELOCs that are originated by Rocket Mortgage. CSB purchased First Mortgages of $2.7 billion and $2.8 billion during the first quarters of 2022 and 2021, respectively. CSB purchased HELOCs with commitments of $90 million and $99 million during the first quarters of 2022 and 2021, respectively. The Company’s commitments to extend credit on bank lines of credit and to purchase First Mortgages are as follows: March 31, 2022 December 31, 2021 Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit $ 5,898 $ 6,193 Commitments to purchase First Mortgage loans 1,577 1,824 Total $ 7,475 $ 8,017 Guarantees and indemnifications: Schwab has clients that sell (i.e., write) listed option contracts that are cleared by the Options Clearing Corporation – a clearing house that establishes margin requirements on these transactions. We partially satisfy the margin requirements by arranging unsecured standby letter of credit agreements (LOCs), in favor of the Options Clearing Corporation, which are issued by several banks. At March 31, 2022, the aggregate face amount of these LOCs totaled $15 million. There were no funds drawn under any of these LOCs at March 31, 2022. In connection with its securities lending activities, Schwab is required to provide collateral to certain brokerage clients. The Company satisfies the collateral requirements by providing cash as collateral. The Company also provides guarantees to securities clearing houses and exchanges under standard membership agreements, which require members to guarantee the performance of other members. Under the agreements, if another member becomes unable to satisfy its obligations to the clearing houses and exchanges, other members would be required to meet shortfalls. The Company’s liability under these arrangements is not quantifiable and may exceed the amounts it has posted as collateral. The Company also engages third-party firms to clear clients’ futures and options on futures transactions and to facilitate clients’ foreign exchange trading, and has agreed to indemnify these firms for any losses that they may incur from the client transactions introduced to them by the Company. The potential requirement for the Company to make payments under these arrangements is remote. Accordingly, no liability has been recognized for these guarantees. IDA agreement: The Company’s IDA agreement with the TD Depository Institutions became effective on October 6, 2020. The IDA agreement creates responsibilities of the Company and certain contingent obligations. Pursuant to the IDA agreement, uninvested cash within eligible brokerage client accounts is swept off-balance sheet to deposit accounts at the TD Depository Institutions. Schwab provides recordkeeping and support services to the TD Depository Institutions with respect to the deposit accounts for which Schwab receives an aggregate monthly fee. Though unlikely, in the event the sweep arrangement fee computation were to result in a negative amount in any given month, Schwab would be required to pay the TD Depository Institutions. The IDA agreement provides that, as of July 1, 2021, Schwab has the option to migrate up to $10 billion of IDA balances every 12 months to Schwab’s balance sheet, subject to certain limitations and adjustments. The Company’s ability to migrate these balances to its balance sheet is dependent upon multiple factors including having sufficient capital levels to sustain these incremental deposits and certain binding limitations specified in the IDA agreement, including the requirement that Schwab can only move IDA balances designated as floating-rate obligations. In addition, Schwab also must maintain a minimum $50 billion IDA balance through June 2031, and at least 80% of the IDA balances must be designated as fixed-rate obligations through June 2026. The total ending IDA balance was $143.5 billion as of March 31, 2022 and $147.2 billion as of December 31, 2021. If IDA balances were to decline below the required IDA balance minimum, Schwab could be required to direct additional sweep cash from its balance sheet to the IDA program. During the first quarter of 2022, Schwab moved $12.7 billion of IDA balances to its balance sheet. Legal contingencies: Schwab is subject to claims and lawsuits in the ordinary course of business, including arbitrations, class actions and other litigation, some of which include claims for substantial or unspecified damages. The Company is also the subject of inquiries, investigations, and proceedings by regulatory and other governmental agencies. Predicting the outcome of a litigation or regulatory matter is inherently difficult, requiring significant judgment and evaluation of various factors, including the procedural status of the matter and any recent developments; prior experience and the experience of others in similar cases; available defenses, including potential opportunities to dispose of a case on the merits or procedural grounds before trial (e.g., motions to dismiss or for summary judgment); the progress of fact discovery; the opinions of counsel and experts regarding potential damages; and potential opportunities for settlement and the status of any settlement discussions. It may not be reasonably possible to estimate a range of potential liability until the matter is closer to resolution – pending, for example, further proceedings, the outcome of key motions or appeals, or discussions among the parties. Numerous issues may have to be developed, such as discovery of important factual matters and determination of threshold legal issues, which may include novel or unsettled questions of law. Reserves are established or adjusted or further disclosure and estimates of potential loss are provided as the matter progresses and more information becomes available. Schwab believes it has strong defenses in all significant matters currently pending and is contesting liability and any damages claimed. Nevertheless, some of these matters may result in adverse judgments or awards, including penalties, injunctions or other relief, and the Company may also determine to settle a matter because of the uncertainty and risks of litigation. Described below are matters in which there is a reasonable possibility that a material loss could be incurred or where the matter may otherwise be of significant interest to stockholders. Unless otherwise noted, the Company is unable to provide a reasonable estimate of any potential liability given the stage of proceedings in the matter. With respect to all other pending matters, based on current information and consultation with counsel, it does not appear reasonably possible that the outcome of any such matter would be material to the financial condition, operating results, or cash flows of the Company. Schwab Intelligent Portfolios ® SEC Investigation : As disclosed on July 1, 2021, the Company has been responding to an enforcement investigation by the SEC arising from a compliance examination and concerning historic disclosures related to the Schwab Intelligent Portfolios digital advisory solution. In connection with a tentative agreement reached with SEC staff to resolve the matter, financial results for 2021 included a liability and related non-deductible charge of approximately $200 million. Completion of any settlement is always contingent on a vote of the Commission. The Company continues to cooperate with SEC staff with the goal of fully resolving the matter. TD Ameritrade Acquisition Litigation : As disclosed previously, on May 12, 2020, a putative class action lawsuit related to the acquisition was filed in the Delaware Court of Chancery (Hawkes v. Bettino et al.) on behalf of a proposed class of TD Ameritrade’s stockholders, excluding, among others, TD Bank. On February 5, 2021, plaintiff filed an amended complaint naming an officer and certain directors of TD Ameritrade at the time the acquisition was approved, as well as TD Bank, certain TD Bank related entities, and Schwab. The amended complaint asserts separate claims for breach of fiduciary duty by the TD Ameritrade officer, certain members of the TD Ameritrade board and TD Bank, and against Schwab for aiding and abetting such breaches, the allegation being that the amendment of the Insured Deposit Account Agreement TD Bank negotiated directly with Schwab allowed TD Bank to divert merger consideration from TD Ameritrade’s minority public stockholders. Plaintiff seeks to recover monetary damages, costs and attorneys’ fees. Schwab and the other defendants consider the allegations to be entirely without merit and on April 29, 2021, the defendants filed motions to dismiss the amended complaint. On March 25, 2022, the parties filed a joint stipulation proposing a settlement of the lawsuit on a class basis. A settlement hearing is scheduled for July 11, 2022. If the settlement is approved, Schwab will pay an immaterial amount on behalf of the former TD Ameritrade officer and director defendants pursuant to indemnification obligations. Crago Order Routing Litigation : On July 13, 2016, a securities class action lawsuit was filed in the U.S. District Court for the Northern District of California on behalf of a putative class of customers executing equity orders through CS&Co. The lawsuit names CS&Co and CSC as defendants and alleges that an agreement under which CS&Co routed orders to UBS Securities LLC between July 13, 2011 and December 31, 2014 violated CS&Co’s duty to seek best execution. Plaintiffs seek unspecified damages, interest, injunctive and equitable relief, and attorneys’ fees and costs. Defendants consider the allegations to be entirely without merit and have been vigorously contesting the lawsuit. After a first amended complaint was dismissed with leave to amend, plaintiffs filed a second amended complaint on August 14, 2017. Defendants again moved to dismiss, and in a decision issued December 5, 2017, the court denied the motion. Plaintiffs filed a motion for class certification on April 30, 2021, and in a decision on October 27, 2021, the court denied the motion and held that certification of a class action is inappropriate. Plaintiffs sought review of the order denying class certification by the Ninth Circuit Court of Appeals, which was denied, and on February 3, 2022, plaintiffs filed a motion for reconsideration of that denial, which is pending.

Exit and Other Related Liabilit

Exit and Other Related Liabilities	3 Months Ended
	Mar. 31, 2022
Restructuring and Related Activities [Abstract]
Exit and Other Related Liabilities	Exit and Other Related Liabilities The Company completed its acquisition of TD Ameritrade effective October 6, 2020 and integration work continued during the first quarter of 2022. Based on our current integration plans and expanded scope of technology work, the Company continues to expect to complete client conversions across multiple groups within approximately 30 to 36 months from the October 6, 2020 acquisition date, ending in the fourth quarter of 2023. To achieve our integration objectives, the Company expects to recognize significant additional acquisition and integration-related costs and capital expenditures throughout the integration process. Such acquisition and integration-related costs have included, and are expected to continue to include professional fees, such as legal, advisory, and accounting fees, compensation and benefits expenses for employees and contractors involved in the integration work, and costs for technology enhancements. The Company’s acquisition and integration-related spending also includes exit and other related costs, which are primarily comprised of employee compensation and benefits such as severance pay, other termination benefits, and retention costs, as well as costs related to facility closures, such as accelerated amortization and depreciation or impairments of assets in those locations. Exit and other related costs are a component of the Company’s overall acquisition and integration-related spending, and support the Company’s ability to achieve integration objectives including expected synergies. Our estimates of the nature, amounts, and timing of recognition of acquisition and integration-related costs remain subject to change based on a number of factors, including the expected duration and complexity of the integration process and the continued uncertainty of the current economic environment. More specifically, factors that could cause variability in our expected acquisition and integration-related costs include the level of employee attrition, workforce redeployment from eliminated positions into open roles, changes in the levels of client activity, as well as increased real estate-related exit cost variability due to the effects of the COVID-19 pandemic including changes in remote working trends. Inclusive of costs recognized through March 31, 2022, Schwab currently expects to incur total exit and other related costs for the integration of TD Ameritrade ranging from $650 million to $1 billion, consisting of employee compensation and benefits, facility exit costs, and certain other costs. During the three months ended March 31, 2022 and 2021, the Company recognized $12 million and $43 million of acquisition-related exit costs, respectively. The Company expects the remaining exit and other related costs will be incurred and charged to expense over the next 18 to 30 months; some costs are expected to be incurred after client conversion. In addition to ASC 420 Exit or Disposal Cost Obligations , certain of the costs associated with these activities are accounted for in accordance with ASC 360 Property, Plant and Equipment , ASC 712 Compensation – Nonretirement Post Employment Benefits , ASC 718 Compensation – Stock Compensation , and ASC 842 Leases . The following is a summary of the activity in the Company’s exit and other related liabilities for the three months ended March 31, 2022: Investor Services Advisor Services Total Balance at December 31, 2021 $ 28 $ 7 $ 35 Amounts recognized in expense (1) 8 2 10 Costs paid or otherwise settled (4) (1) (5) Balance at March 31, 2022 (2) $ 32 $ 8 $ 40 (1) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are primarily included in compensation and benefits on the condensed consolidated statements of income. (2) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. The following is a summary of the activity in the Company’s exit and other related liabilities for the three months ended March 31, 2021: Investor Services Advisor Services Total Balance at December 31, 2020 $ 86 $ 24 $ 110 Amounts recognized in expense (1) 22 6 28 Costs paid or otherwise settled (52) (15) (67) Balance at March 31, 2021 (2) $ 56 $ 15 $ 71 (1) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are primarily included in compensation and benefits on the condensed consolidated statements of income. (2) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. The following table summarizes the exit and other related costs recognized in expense for the three months ended March 31, 2022: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 8 $ — $ 8 $ 2 $ — $ 2 $ 10 Occupancy and equipment — 1 1 — 1 1 2 Total $ 8 $ 1 $ 9 $ 2 $ 1 $ 3 $ 12 (1) Costs related to facility closures. These costs, which are comprised of accelerated amortization of right-of-use (ROU) assets, relate to the impact of abandoning leased properties. The following table summarizes the exit and other related costs recognized in expense for the three months ended March 31, 2021: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 22 $ — $ 22 $ 6 $ — $ 6 $ 28 Occupancy and equipment — 10 10 — 3 3 13 Professional services — 1 1 — — — 1 Other — 1 1 — — — 1 Total $ 22 $ 12 $ 34 $ 6 $ 3 $ 9 $ 43 (1) Costs related to facility closures. These costs, which are primarily comprised of accelerated amortization of ROU assets, relate to the impact of abandoning leased and other properties. The following table summarizes the exit and other related costs incurred from October 6, 2020 through March 31, 2022: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 212 $ — $ 212 $ 57 $ — $ 57 $ 269 Occupancy and equipment — 25 25 — 6 6 31 Depreciation and amortization — 2 2 — 1 1 3 Professional services — 1 1 — — — 1 Other — 2 2 — — — 2 Total $ 212 $ 30 $ 242 $ 57 $ 7 $ 64 $ 306 (1) Costs related to facility closures. These costs, which are primarily comprised of accelerated amortization of ROU assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties.

Financial Instruments Subject t

Financial Instruments Subject to Off-Balance Sheet Credit Risk	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Financial Instruments Subject to Off-Balance Sheet Credit Risk	Financial Instruments Subject to Off-Balance Sheet Credit Risk Resale agreements: Schwab enters into collateralized resale agreements principally with other broker-dealers, which could result in losses in the event the counterparty fails to purchase the securities held as collateral for the cash advanced and the fair value of the securities declines. To mitigate this risk, Schwab requires that the counterparty deliver securities to a custodian, to be held as collateral, with a fair value at or in excess of the resale price. Schwab also sets standards for the credit quality of the counterparty, monitors the fair value of the underlying securities as compared to the related receivable, including accrued interest, and requires additional collateral where deemed appropriate. The collateral provided under these resale agreements is utilized to meet obligations under broker-dealer client protection rules, which place limitations on our ability to access such segregated securities. For Schwab to repledge or sell this collateral, we would be required to deposit cash and/or securities of an equal amount into our segregated reserve bank accounts in order to meet our segregated cash and investment requirement. Schwab’s resale agreements as of March 31, 2022 and December 31, 2021 were not subject to master netting arrangements. Securities lending: Schwab loans brokerage client securities temporarily to other brokers and clearing houses in connection with its securities lending activities and receives cash as collateral for the securities loaned. Increases in security prices may cause the fair value of the securities loaned to exceed the amount of cash received as collateral. In the event the counterparty to these transactions does not return the loaned securities or provide additional cash collateral, we may be exposed to the risk of acquiring the securities at prevailing market prices in order to satisfy our client obligations. Schwab mitigates this risk by requiring credit approvals for counterparties, monitoring the fair value of securities loaned, and requiring additional cash as collateral when necessary. In addition, most of our securities lending transactions are through a program with a clearing organization, which guarantees the return of cash to us. We also borrow securities from other broker-dealers to fulfill short sales by brokerage clients and deliver cash to the lender in exchange for the securities. The fair value of these borrowed securities was $549 million and $566 million at March 31, 2022 and December 31, 2021, respectively. Our securities lending transactions are subject to enforceable master netting arrangements with other broker-dealers; however, we do not net securities lending transactions. Therefore, the securities loaned and securities borrowed are presented gross in the condensed consolidated balance sheets. The following table presents information about our resale agreements, securities lending, and other activity depicting the potential effect of rights of setoff between these recognized assets and recognized liabilities. Gross Gross Amounts Net Amounts Gross Amounts Not Offset in the Net Counterparty Collateral March 31, 2022 Assets Resale agreements (1) $ 14,011 $ — $ 14,011 $ — $ (14,011) (2) $ — Securities borrowed (3) 570 — 570 (361) (202) 7 Total $ 14,581 $ — $ 14,581 $ (361) $ (14,213) $ 7 Liabilities Securities loaned (4,5) $ 7,221 $ — $ 7,221 $ (361) $ (6,040) $ 820 Secured short-term borrowings (6) 1,850 — 1,850 — (1,850) — Total $ 9,071 $ — $ 9,071 $ (361) $ (7,890) $ 820 December 31, 2021 Assets Resale agreements (1) $ 13,096 $ — $ 13,096 $ — $ (13,096) (2) $ — Securities borrowed (3) 582 — 582 (383) (195) 4 Total $ 13,678 $ — $ 13,678 $ (383) $ (13,291) $ 4 Liabilities Securities loaned (4,5) $ 7,158 $ — $ 7,158 $ (383) $ (6,015) $ 760 Secured short-term borrowings (6) 1,850 — 1,850 — (1,850) — Total $ 9,008 $ — $ 9,008 $ (383) $ (7,865) $ 760 (1) Included in cash and investments segregated and on deposit for regulatory purposes in the condensed consolidated balance sheets. (2) Actual collateral was greater than or equal to the value of the related assets. At March 31, 2022 and December 31, 2021, the fair value of collateral received in connection with resale agreements that are available to be repledged or sold was $14.4 billion and $13.4 billion, respectively. (3) Included in other assets in the condensed consolidated balance sheets. (4) Included in accrued expenses and other liabilities in the condensed consolidated balance sheets. The cash collateral received from counterparties under securities lending transactions was equal to or greater than the market value of the securities loaned at March 31, 2022 and December 31, 2021. (5) Securities loaned are predominantly comprised of equity securities held in client brokerage accounts with overnight and continuous remaining contractual maturities. (6) Included in short-term borrowings in the condensed consolidated balance sheets. See below for collateral pledged and Note 8 for additional information. Margin lending: Clients with margin loans have agreed to allow Schwab to pledge collateralized securities in their brokerage accounts in accordance with federal regulations. The following table summarizes the fair value of client securities that were available, under such regulations, that could have been used as collateral, as well as the fair value of securities that we had pledged to third parties under such regulations and from securities borrowed transactions: March 31, 2022 December 31, 2021 Fair value of client securities available to be pledged $ 111,343 $ 120,306 Fair value of securities pledged for: Fulfillment of requirements with the Options Clearing Corporation (1) $ 16,442 $ 16,829 Fulfillment of client short sales 6,320 5,934 Securities lending to other broker-dealers 6,144 6,269 Collateral for short-term borrowings 2,253 2,390 Total collateral pledged to third parties $ 31,159 $ 31,422 Note: Excludes amounts available and pledged for securities lending from fully-paid client securities. The fair value of fully-paid client securities available and pledged was $242 million as of March 31, 2022 and $118 million as of December 31, 2021.

Fair Values of Assets and Liabi

Fair Values of Assets and Liabilities	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values of Assets and Liabilities	Fair Values of Assets and Liabilities Assets and liabilities measured at fair value on a recurring basis Schwab’s assets and liabilities measured at fair value on a recurring basis include: certain cash equivalents, certain investments segregated and on deposit for regulatory purposes, AFS securities, and certain other assets and accrued expenses and other liabilities. The Company uses the market approach to determine the fair value of assets and liabilities. When available, the Company uses quoted prices in active markets to measure the fair value of assets and liabilities. Quoted prices for investments in exchange-traded securities represent end-of-day close prices published by exchanges. Quoted prices for money market funds and other mutual funds represent reported net asset values. When utilizing market data and bid-ask spread, the Company uses the price within the bid-ask spread that best represents fair value. When quoted prices in active markets do not exist, the Company uses prices obtained from independent third-party pricing services to measure the fair value of investment assets. We generally obtain prices from three independent third-party pricing sources for assets recorded at fair value. Our primary independent pricing service provides prices for our fixed income investments such as commercial paper; certificates of deposit; U.S. government and agency securities; state and municipal securities; corporate debt securities; asset-backed securities; foreign government agency securities; and non-agency commercial mortgage-backed securities. Such prices are based on observable trades, broker/dealer quotes, and discounted cash flows that incorporate observable information such as yields for similar types of securities (a benchmark interest rate plus observable spreads) and weighted-average maturity for the same or similar “to-be-issued” securities. We compare the prices obtained from the primary independent pricing service to the prices obtained from the additional independent pricing services to determine if the price obtained from the primary independent pricing service is reasonable. Schwab does not adjust the prices received from independent third-party pricing services unless such prices are inconsistent with the definition of fair value and result in material differences in the amounts recorded. Liabilities measured at fair value on a recurring basis include repurchase liabilities related to client-held fractional shares of equities, ETFs, and other securities, which are included in other assets on the condensed consolidated balance sheets. The Company has elected the fair value option pursuant to ASC 825 Financial Instruments for the repurchase liabilities to match the measurement and accounting of the related client-held fractional shares. The fair values of the repurchase liabilities are based on quoted market prices or other observable market data consistent with the related client-held fractional shares. Unrealized gains and losses on client-held fractional shares offset the unrealized gains and losses on the corresponding repurchase liabilities, resulting in no impact to the consolidated statements of income. The Company’s liabilities to repurchase client-held fractional shares do not have credit risk, and, as a result, the Company has not recognized any gains or losses in the condensed consolidated statements of income or comprehensive income attributable to instrument-specific credit risk for these repurchase liabilities. The repurchase liabilities are included in accrued expenses and other liabilities on the condensed consolidated balance sheets. For a description of the fair value hierarchy and Schwab’s fair value methodologies, see Item 8 – Note 2 in the 2021 Form 10-K. The Company did not adjust prices received from the primary independent third-party pricing service at March 31, 2022 or December 31, 2021. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables present the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis: March 31, 2022 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 15,112 $ — $ — $ 15,112 Commercial paper — 4,587 — 4,587 Total cash equivalents 15,112 4,587 — 19,699 Investments segregated and on deposit for regulatory purposes: Certificates of deposit — 349 — 349 U.S. Government securities — 35,707 — 35,707 Total investments segregated and on deposit for regulatory purposes — 36,056 — 36,056 Available for sale securities: U.S. agency mortgage-backed securities — 201,534 — 201,534 U.S. Treasury securities — 31,833 — 31,833 Asset-backed securities — 18,423 — 18,423 Corporate debt securities — 14,608 — 14,608 U.S. state and municipal securities — 1,576 — 1,576 Non-agency commercial mortgage-backed securities — 1,161 — 1,161 Certificates of deposit — 1,296 — 1,296 Foreign government agency securities — 1,096 — 1,096 Commercial paper — 200 — 200 Other — 322 — 322 Total available for sale securities — 272,049 — 272,049 Other assets: Equity, corporate debt, and other securities 865 59 — 924 Mutual funds and ETFs 603 — — 603 State and municipal debt obligations — 7 — 7 U.S. Government securities — 4 — 4 Total other assets 1,468 70 — 1,538 Total assets $ 16,580 $ 312,762 $ — $ 329,342 Accrued expenses and other liabilities $ 1,331 $ 48 $ — $ 1,379 Total liabilities $ 1,331 $ 48 $ — $ 1,379 December 31, 2021 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 11,719 $ — $ — $ 11,719 Total cash equivalents 11,719 — — 11,719 Investments segregated and on deposit for regulatory purposes: Certificates of deposit — 350 — 350 U.S. Government securities — 36,349 — 36,349 Total investments segregated and on deposit for regulatory purposes — 36,699 — 36,699 Available for sale securities: U.S. agency mortgage-backed securities — 334,355 — 334,355 U.S. Treasury securities — 21,282 — 21,282 Asset-backed securities — 17,546 — 17,546 Corporate debt securities — 12,344 — 12,344 U.S. state and municipal securities — 1,687 — 1,687 Non-agency commercial mortgage-backed securities — 1,190 — 1,190 Certificates of deposit — 999 — 999 Foreign government agency securities — 425 — 425 Commercial paper — 200 — 200 Other — 26 — 26 Total available for sale securities — 390,054 — 390,054 Other assets: Equity, corporate debt, and other securities 854 59 — 913 Mutual funds and ETFs 636 — — 636 State and municipal debt obligations — 32 — 32 U.S. Government securities — 3 — 3 Total other assets 1,490 94 — 1,584 Total assets $ 13,209 $ 426,847 $ — $ 440,056 Accrued expenses and other liabilities $ 1,354 $ 45 $ — $ 1,399 Total liabilities $ 1,354 $ 45 $ — $ 1,399 Fair Value of Other Financial Instruments The following tables present the fair value hierarchy for other financial instruments: March 31, 2022 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 71,427 $ 71,427 $ — $ — $ 71,427 Cash and investments segregated and on deposit for 18,385 4,376 14,009 — 18,385 Receivables from brokerage clients — net 84,065 — 84,065 — 84,065 Held to maturity securities: U.S. agency mortgage-backed securities 105,286 — 99,149 — 99,149 Total held to maturity securities 105,286 — 99,149 — 99,149 Bank loans — net: First Mortgages 22,668 — 21,421 — 21,421 HELOCs 614 — 637 — 637 Pledged asset lines 13,716 — 13,716 — 13,716 Other 209 — 209 — 209 Total bank loans — net 37,207 — 35,983 — 35,983 Other assets 3,828 — 3,828 — 3,828 Liabilities Bank deposits $ 465,827 $ — $ 465,827 $ — $ 465,827 Payables to brokerage clients 125,307 — 125,307 — 125,307 Accrued expenses and other liabilities 8,492 — 8,492 — 8,492 Short-term borrowings 4,234 — 4,234 — 4,234 Long-term debt 21,782 — 21,257 — 21,257 December 31, 2021 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 51,256 $ 51,256 $ — $ — $ 51,256 Cash and investments segregated and on deposit for 17,246 4,151 13,095 — 17,246 Receivables from brokerage clients — net 90,560 — 90,560 — 90,560 Bank loans — net: First Mortgages 21,077 — 21,027 — 21,027 HELOCs 646 — 668 — 668 Pledged asset lines 12,709 — 12,709 — 12,709 Other 204 — 204 — 204 Total bank loans — net 34,636 — 34,608 — 34,608 Other assets 3,561 — 3,561 — 3,561 Liabilities Bank deposits $ 443,778 $ — $ 443,778 $ — $ 443,778 Payables to brokerage clients 125,671 — 125,671 — 125,671 Accrued expenses and other liabilities 8,327 — 8,327 — 8,327 Short-term borrowings 4,855 — 4,855 — 4,855 Long-term debt 18,820 — 19,383 — 19,383

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity On March 4, 2022, the Company issued and sold 750,000 depositary shares, each representing a 1/100th ownership interest in a share of 5.000% fixed-rate reset non-cumulative perpetual preferred stock, Series K, $.01 par value, with a liquidation preference of $100,000 per share (equivalent of $1,000 per depositary share). The net proceeds of the offering were $740 million, after deducting the underwriting discount and offering expenses On January 30, 2019, CSC publicly announced that its Board of Directors authorized a share repurchase program to repurchase up to $4.0 billion of common stock. The share repurchase authorization does not have an expiration date. There were no repurchases of CSC’s common stock under this authorization during the three months ended March 31, 2022 and 2021. As of March 31, 2022, $1.8 billion remained on the authorization. The Company’s preferred stock issued and outstanding is as follows: Liquidation Preference Per Share Dividend Rate in Effect at March 31, 2022 Earliest Redemption Date Date at Which Dividend Rate Resets or Becomes Floating Reset / Floating Rate Margin Over Reset / Floating Rate Shares Issued and Outstanding (in ones) at Carrying Value at March 31, (1) December 31, 2021 (1) March 31, 2022 December 31, 2021 Issue Date Fixed-rate: Series D 750,000 750,000 $ 1,000 $ 728 $ 728 03/07/16 5.950 % 06/01/21 N/A N/A N/A Series J 600,000 600,000 1,000 584 584 03/30/21 4.450 % 06/01/26 N/A N/A N/A Fixed-to-floating-rate/Fixed-rate reset: Series A 400,000 400,000 1,000 397 397 01/26/12 5.137 % 02/01/22 02/01/22 3M LIBOR 4.820 % Series E 6,000 6,000 100,000 591 591 10/31/16 3.838 % 03/01/22 03/01/22 3M LIBOR 3.315 % Series F 5,000 5,000 100,000 492 492 10/31/17 5.000 % 12/01/27 12/01/27 3M LIBOR 2.575 % Series G (2) 25,000 25,000 100,000 2,470 2,470 04/30/20 5.375 % 06/01/25 06/01/25 5-Year Treasury 4.971 % Series H (3) 25,000 25,000 100,000 2,470 2,470 12/11/20 4.000 % 12/01/30 12/01/30 10-Year Treasury 3.079 % Series I (2) 22,500 22,500 100,000 2,222 2,222 03/18/21 4.000 % 06/01/26 06/01/26 5-Year Treasury 3.168 % Series K (4) 7,500 — 100,000 740 — 03/04/22 5.000 % 06/01/27 06/01/27 5-Year Treasury 3.256 % Total preferred 1,841,000 1,833,500 $ 10,694 $ 9,954 (1) Represented by depositary shares, except for Series A. (2) The dividend rate for Series G and I resets on each five-year anniversary from the first reset date. (3) The dividend rate for Series H resets on each ten-year anniversary from the first reset date. (4) The Series K dividend rate resets on each five-year anniversary beginning on June 1, 2027 based on a five-year treasury rate, representing the average of the yields on actively traded U.S. treasury securities adjusted to constant maturity for five-year maturities. Series K is only redeemable on dividend payment dates on or after the first reset date. N/A Not applicable. Dividends declared on the Company’s preferred stock are as follows: Three Months Ended March 31, 2022 2021 Total Per Share Total Per Share Series A $ 5.0 $ 12.70 $ — $ — Series C (1) — — 9.0 15.00 Series D 11.2 14.88 11.2 14.88 Series E 13.9 2,312.50 13.9 2,312.50 Series F — — — — Series G 33.6 1,343.75 33.6 1,343.75 Series H 25.0 1,000.00 22.2 888.89 Series I (2) 22.5 1,000.00 — — Series J (3) 6.7 11.13 — — Series K (4) — — — — Total $ 117.9 $ 89.9 (1) Series C Preferred Stock was redeemed on June 1, 2021. Prior to redemption, dividends were paid quarterly and the final dividend was paid on June 1, 2021. (2) Series I Preferred Stock was issued on March 18, 2021. Dividends are paid quarterly, and the first dividend was paid on June 1, 2021. (3) Series J Preferred Stock was issued on March 30, 2021. Dividends are paid quarterly, and the first dividend was paid on June 1, 2021. (4) Series K Preferred Stock was issued on March 4, 2022. Dividends are paid quarterly, and the first dividend will be paid on June 1, 2022.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income AOCI represents cumulative gains and losses that are not reflected in earnings. AOCI balances and the components of other comprehensive income (loss) are as follows: Total AOCI Balance at December 31, 2020 $ 5,394 Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $(1,409) (4,508) Other reclassifications included in other revenue, net of tax expense (benefit) of $(2) (8) Balance at March 31, 2021 $ 878 Balance at December 31, 2021 $ (1,109) Available for sale securities: Net unrealized gain (loss), excluding transfers to held to maturity, net of tax expense (benefit) of $(3,137) (9,998) Net unrealized loss on securities transferred to held to maturity, net of tax expense (benefit) of $579 (1) 1,850 Other reclassifications included in other revenue, net of tax expense (benefit) of $(3) (9) Held to maturity securities: Net unrealized loss on securities transferred from available for sale, net of tax expense (benefit) of $(579) (1) (1,850) Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $21 71 Balance at March 31, 2022 $ (11,045) (1) In January 2022, the Company transferred a portion of its AFS securities to the HTM category. The transfer resulted in no net impact to AOCI. See Note 4 for additional discussion on the transfer of AFS securities to HTM.

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share For the three months ended March 31, 2022 and 2021, the Company had voting and nonvoting common stock outstanding. Since the rights of the voting and nonvoting common stock are identical, except with respect to voting, the net income of the Company has been allocated on a proportionate basis to the two classes. Diluted earnings per share is calculated using the treasury stock method for outstanding stock options and non-vested restricted stock units and the if-converted method for nonvoting common stock. For further details surrounding the EPS computation, see Note 25 in the 2021 Form 10-K. EPS under the basic and diluted computations for both common stock and nonvoting common stock are as follows: Three Months Ended 2022 2021 Common Nonvoting Common Nonvoting Basic earnings per share: Numerator Net income $ 1,344 $ 58 $ 1,422 $ 62 Preferred stock dividends and other (1) (119) (5) (92) (4) Net income available to common stockholders $ 1,225 $ 53 $ 1,330 $ 58 Denominator Weighted-average common shares outstanding — basic 1,815 79 1,803 79 Basic earnings per share $ .67 $ .67 $ .74 $ .74 Diluted earnings per share: Numerator Net income available to common stockholders $ 1,225 $ 53 $ 1,330 $ 58 Reallocation of net income available to common stockholders as a result of conversion of nonvoting to 53 — 58 — Allocation of net income available to common stockholders: $ 1,278 $ 53 $ 1,388 $ 58 Denominator Weighted-average common shares outstanding — basic 1,815 79 1,803 79 Conversion of nonvoting shares to voting shares 79 — 79 — Common stock equivalent shares related to stock incentive plans 11 — 10 — Weighted-average common shares outstanding — diluted (2) 1,905 79 1,892 79 Diluted earnings per share $ .67 $ .67 $ .73 $ .73 (1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units.

Regulatory Requirements

Regulatory Requirements	3 Months Ended
	Mar. 31, 2022
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Requirements	Regulatory Requirements At March 31, 2022, CSC and CSB met all of their respective capital requirements. The regulatory capital and ratios for CSC (consolidated) and CSB are as follows: Actual Minimum to be Minimum Capital Requirement March 31, 2022 Amount Ratio Amount Ratio Amount Ratio (1) CSC Common Equity Tier 1 Risk-Based Capital $ 29,119 18.9 % N/A $ 6,946 4.5 % Tier 1 Risk-Based Capital 39,813 25.8 % N/A 9,261 6.0 % Total Risk-Based Capital 39,850 25.8 % N/A 12,348 8.0 % Tier 1 Leverage 39,813 6.1 % N/A 25,937 4.0 % Supplementary Leverage Ratio 39,813 6.1 % N/A 19,613 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 30,672 27.1 % $ 7,352 6.5 % $ 5,090 4.5 % Tier 1 Risk-Based Capital 30,672 27.1 % 9,049 8.0 % 6,786 6.0 % Total Risk-Based Capital 30,701 27.1 % 11,311 10.0 % 9,049 8.0 % Tier 1 Leverage 30,672 7.1 % 21,581 5.0 % 17,265 4.0 % Supplementary Leverage Ratio 30,672 7.0 % N/A 13,076 3.0 % December 31, 2021 CSC Common Equity Tier 1 Risk-Based Capital $ 27,967 19.7 % N/A $ 6,389 4.5 % Tier 1 Risk-Based Capital 37,921 26.7 % N/A 8,518 6.0 % Total Risk-Based Capital 37,950 26.7 % N/A 11,358 8.0 % Tier 1 Leverage 37,921 6.2 % N/A 24,346 4.0 % Supplementary Leverage Ratio 37,921 6.2 % N/A 18,434 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 28,014 26.8 % $ 6,787 6.5 % $ 4,698 4.5 % Tier 1 Risk-Based Capital 28,014 26.8 % 8,353 8.0 % 6,265 6.0 % Total Risk-Based Capital 28,033 26.8 % 10,441 10.0 % 8,353 8.0 % Tier 1 Leverage 28,014 7.1 % 19,790 5.0 % 15,832 4.0 % Supplementary Leverage Ratio 28,014 7.0 % N/A 12,016 3.0 % (1) Under risk-based capital rules, CSC and CSB are also required to maintain additional capital buffers above the regulatory minimum risk-based capital ratios. Beginning in 2022, CSC will become subject to a stress capital buffer requirement once the Federal Reserve provides CSC with its final stress capital buffer requirement and it becomes effective on October 1, 2022. A firm that has not yet received a stress capital buffer but that is subject to capital planning requirements, such as CSC, is subject to a stress capital buffer requirement of 2.5% under regulatory requirements. CSB is required to maintain a capital conservation buffer of 2.5%. CSC and CSB are also required to maintain a countercyclical capital buffer above the regulatory minimum risk-based capital ratios, which was zero for both periods presented. If a buffer falls below the minimum requirement, CSC and CSB would be subject to increasingly strict limits on capital distributions and discretionary bonus payments to executive officers. At March 31, 2022, the minimum capital ratio requirements for both CSC and CSB, inclusive of their respective buffers, were 7.0%, 8.5%, and 10.5% for Common Equity Tier 1 Risk-Based Capital, Tier 1 Risk-Based Capital, and Total Risk-Based Capital, respectively. N/A Not applicable. Based on its regulatory capital ratios at March 31, 2022, CSB is considered well capitalized (the highest category) under its respective regulatory capital rules. There are no conditions or events since March 31, 2022 that management believes have changed CSB’s capital category. At March 31, 2022, the balance sheets of Charles Schwab Premier Bank, SSB (CSPB) and Charles Schwab Trust Bank (Trust Bank) consisted primarily of investment securities, and the entities held total assets of $40.7 billion and $15.6 billion, respectively. Based on their regulatory capital ratios, at March 31, 2022, CSPB and Trust Bank are considered well capitalized under their respective regulatory capital rules. Net capital and net capital requirements for CS&Co, TDAC, and TD Ameritrade, Inc., are as follows: March 31, 2022 December 31, 2021 CS&Co Net capital $ 5,156 $ 5,231 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances 918 941 Net capital in excess of required net capital $ 4,238 $ 4,290 TDAC Net capital $ 5,325 $ 5,337 Minimum dollar requirement 1.500 1.500 2% of aggregate debit balances 903 1,007 Net capital in excess of required net capital $ 4,422 $ 4,330 TD Ameritrade, Inc. Net capital $ 679 $ 711 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances — — Net capital in excess of required net capital $ 679 $ 711 Pursuant to the SEC’s Customer Protection Rule and other applicable regulations, Schwab had cash and investments segregated for the exclusive benefit of clients at March 31, 2022. The SEC’s Customer Protection Rule requires broker-dealers to segregate client fully-paid securities and cash balances not collateralizing margin positions and not swept to money market funds or bank deposit accounts. Amounts included in cash and investments segregated and on deposit for regulatory purposes represent actual balances on deposit. Cash and cash equivalents included in cash and investments segregated and on deposit for regulatory purposes are presented as part of Schwab’s cash balances in the condensed consolidated statements of cash flows.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information Schwab’s two reportable segments are Investor Services and Advisor Services. Schwab structures the operating segments according to its clients and the services provided to those clients. The Investor Services segment provides retail brokerage, investment advisory, and banking and trust services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services, as well as retirement business services, to independent RIAs, independent retirement advisors, and recordkeepers. Revenues and expenses are attributed to the two segments based on which segment services the client. Management evaluates the performance of the segments on a pre-tax basis. Segment assets and liabilities are not used for evaluating segment performance or in deciding how to allocate resources to segments. There are no revenues from transactions between the segments. Financial information for the segments is presented in the following table: Investor Services Advisor Services Total Three Months Ended March 31, 2022 2021 2022 2021 2022 2021 Net Revenues Net interest revenue $ 1,574 $ 1,454 $ 609 $ 457 $ 2,183 $ 1,911 Asset management and administration fees 781 742 287 274 1,068 1,016 Trading revenue 844 1,097 119 119 963 1,216 Bank deposit account fees 200 254 94 97 294 351 Other 127 178 37 43 164 221 Total net revenues 3,526 3,725 1,146 990 4,672 4,715 Expenses Excluding Interest 2,131 2,109 702 646 2,833 2,755 Income before taxes on income $ 1,395 $ 1,616 $ 444 $ 344 $ 1,839 $ 1,960

New Accounting Standards (Polic

New Accounting Standards (Policy)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	These unaudited condensed consolidated financial statements have been prepared in conformity with GAAP, which require management to make certain estimates and assumptions that affect the reported amounts in the accompanying financial statements and in the related disclosures. These estimates are based on information available as of the date of the condensed consolidated financial statements. While management makes its best judgment, actual amounts or results could differ from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto, included in Schwab’s 2021 Form 10-K.
New Accounting Standards	The Company did not adopt any material new accounting standards during the three months ended March 31, 2022. New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update (ASU) 2022-02, “Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” Troubled Debt Restructurings (TDRs) Eliminates the accounting guidance for TDRs. Rather than applying the specific guidance for TDRs, creditors will apply the recognition and measurement guidance for loan refinancings and restructurings to determine whether a modification results in a new loan or a continuation of an existing loan. The guidance requires enhanced disclosures for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Vintage Disclosures Requires that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost. Adoption provides for prospective application, with an option to apply the modified retrospective transition method for the change in recognition and measurement of TDRs. January 1, 2023 The Company is evaluating the impact of this guidance on its financial statements.
Assets and liabilities measured at fair value on a recurring basis	Assets and liabilities measured at fair value on a recurring basis Schwab’s assets and liabilities measured at fair value on a recurring basis include: certain cash equivalents, certain investments segregated and on deposit for regulatory purposes, AFS securities, and certain other assets and accrued expenses and other liabilities. The Company uses the market approach to determine the fair value of assets and liabilities. When available, the Company uses quoted prices in active markets to measure the fair value of assets and liabilities. Quoted prices for investments in exchange-traded securities represent end-of-day close prices published by exchanges. Quoted prices for money market funds and other mutual funds represent reported net asset values. When utilizing market data and bid-ask spread, the Company uses the price within the bid-ask spread that best represents fair value. When quoted prices in active markets do not exist, the Company uses prices obtained from independent third-party pricing services to measure the fair value of investment assets. We generally obtain prices from three independent third-party pricing sources for assets recorded at fair value. Our primary independent pricing service provides prices for our fixed income investments such as commercial paper; certificates of deposit; U.S. government and agency securities; state and municipal securities; corporate debt securities; asset-backed securities; foreign government agency securities; and non-agency commercial mortgage-backed securities. Such prices are based on observable trades, broker/dealer quotes, and discounted cash flows that incorporate observable information such as yields for similar types of securities (a benchmark interest rate plus observable spreads) and weighted-average maturity for the same or similar “to-be-issued” securities. We compare the prices obtained from the primary independent pricing service to the prices obtained from the additional independent pricing services to determine if the price obtained from the primary independent pricing service is reasonable. Schwab does not adjust the prices received from independent third-party pricing services unless such prices are inconsistent with the definition of fair value and result in material differences in the amounts recorded. Liabilities measured at fair value on a recurring basis include repurchase liabilities related to client-held fractional shares of equities, ETFs, and other securities, which are included in other assets on the condensed consolidated balance sheets. The Company has elected the fair value option pursuant to ASC 825 Financial Instruments for the repurchase liabilities to match the measurement and accounting of the related client-held fractional shares. The fair values of the repurchase liabilities are based on quoted market prices or other observable market data consistent with the related client-held fractional shares. Unrealized gains and losses on client-held fractional shares offset the unrealized gains and losses on the corresponding repurchase liabilities, resulting in no impact to the consolidated statements of income. The Company’s liabilities to repurchase client-held fractional shares do not have credit risk, and, as a result, the Company has not recognized any gains or losses in the condensed consolidated statements of income or comprehensive income attributable to instrument-specific credit risk for these repurchase liabilities. The repurchase liabilities are included in accrued expenses and other liabilities on the condensed consolidated balance sheets.

New Accounting Standards (Table

New Accounting Standards (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule Of New Accounting Pronouncements	New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update (ASU) 2022-02, “Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” Troubled Debt Restructurings (TDRs) Eliminates the accounting guidance for TDRs. Rather than applying the specific guidance for TDRs, creditors will apply the recognition and measurement guidance for loan refinancings and restructurings to determine whether a modification results in a new loan or a continuation of an existing loan. The guidance requires enhanced disclosures for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Vintage Disclosures Requires that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost. Adoption provides for prospective application, with an option to apply the modified retrospective transition method for the change in recognition and measurement of TDRs. January 1, 2023 The Company is evaluating the impact of this guidance on its financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Schwab's Revenue	Disaggregation of Schwab’s revenue by major source is as follows: Three Months Ended 2022 2021 Net interest revenue Cash and cash equivalents $ 34 $ 7 Cash and investments segregated 15 10 Receivables from brokerage clients 626 563 Available for sale securities 947 1,091 Held to maturity securities 378 — Bank loans 187 139 Securities lending revenue 129 204 Other interest revenue 3 1 Interest revenue 2,319 2,015 Bank deposits (16) (13) Payables to brokerage clients (2) (2) Short-term borrowings (4) — Long-term debt (108) (85) Securities lending expense (7) (5) Other interest expense 1 1 Interest expense (136) (104) Net interest revenue 2,183 1,911 Asset management and administration fees Mutual funds, ETFs, and CTFs 489 470 Advice solutions 496 468 Other 83 78 Asset management and administration fees 1,068 1,016 Trading revenue Commissions 484 614 Order flow revenue 470 591 Principal transactions 9 11 Trading revenue 963 1,216 Bank deposit account fees 294 351 Other 164 221 Total net revenues $ 4,672 $ 4,715

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Securities Available for Sale and Held to Maturity	The amortized cost, gross unrealized gains and losses, and fair value of the Company’s AFS and HTM investment securities are as follows: March 31, 2022 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 211,648 $ 279 $ 10,393 $ 201,534 U.S. Treasury securities 32,839 1 1,007 31,833 Asset-backed securities (1) 18,742 20 339 18,423 Corporate debt securities (2) 15,241 15 648 14,608 U.S. state and municipal securities 1,604 10 38 1,576 Non-agency commercial mortgage-backed securities 1,166 3 8 1,161 Certificates of deposit 1,300 — 4 1,296 Foreign government agency securities 1,132 — 36 1,096 Commercial paper (3) 200 — — 200 Other 323 — 1 322 Total available for sale securities $ 284,195 $ 328 $ 12,474 $ 272,049 Held to maturity securities U.S. agency mortgage-backed securities $ 105,286 $ — $ 6,137 $ 99,149 Total held to maturity securities $ 105,286 $ — $ 6,137 $ 99,149 December 31, 2021 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 335,803 $ 3,141 $ 4,589 $ 334,355 U.S. Treasury securities 21,394 13 125 21,282 Asset-backed securities (1) 17,547 79 80 17,546 Corporate debt securities (2) 12,310 143 109 12,344 U.S. state and municipal securities 1,611 81 5 1,687 Non-agency commercial mortgage-backed securities 1,170 20 — 1,190 Certificates of deposit 1,000 — 1 999 Foreign government agency securities 425 — — 425 Commercial paper (3) 200 — — 200 Other 22 4 — 26 Total available for sale securities $ 391,482 $ 3,481 $ 4,909 $ 390,054 (1) Approximately 51% and 58% of asset-backed securities held as of March 31, 2022 and December 31, 2021, respectively, were Federal Family Education Loan Program Asset-Backed Securities. Asset-backed securities collateralized by credit card receivables represented approximately 28% and 30% of the asset-backed securities held as of March 31, 2022 and December 31, 2021, respectively. (2) As of March 31, 2022 and December 31, 2021, approximately 37% and 31%, respectively, of the total AFS in corporate debt securities were issued by institutions in the financial services industry. (3) Included in cash and cash equivalents on the condensed consolidated balance sheets, but excluded from this table is $4.6 billion of AFS commercial paper as of March 31, 2022 (none as of December 31, 2021). These holdings have maturities of three months or less and an aggregate market value equal to amortized cost.
Securities with Unrealized Losses, Aggregated by Category and Period of Continuous Unrealized Loss	Securities with unrealized losses, aggregated by category and period of continuous unrealized loss, of AFS investment securities are as follows: Less than 12 months 12 months or longer Total March 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized Available for sale securities U.S. agency mortgage-backed securities $ 122,317 $ 5,606 $ 52,554 $ 4,787 $ 174,871 $ 10,393 U.S. Treasury securities 30,157 988 202 19 30,359 1,007 Asset-backed securities 11,869 282 2,984 57 14,853 339 Corporate debt securities 10,535 429 1,804 219 12,339 648 U.S. state and municipal securities 761 33 38 5 799 38 Non-agency commercial mortgage-backed securities 281 8 — — 281 8 Certificates of deposit 1,296 4 — — 1,296 4 Foreign government agency securities 1,096 36 — — 1,096 36 Other 299 1 — — 299 1 Total $ 178,611 $ 7,387 $ 57,582 $ 5,087 $ 236,193 $ 12,474 December 31, 2021 U.S. agency mortgage-backed securities $ 186,955 $ 3,216 $ 38,007 $ 1,373 $ 224,962 $ 4,589 U.S. Treasury securities 16,658 125 21 — 16,679 125 Asset-backed securities 6,093 58 2,708 22 8,801 80 Corporate debt securities 4,713 99 197 10 4,910 109 Certificates of deposit 799 1 — — 799 1 U.S. state and municipal securities 191 4 5 1 196 5 Total $ 215,409 $ 3,503 $ 40,938 $ 1,406 $ 256,347 $ 4,909
Securities with Unrealized Losses, Aggregated by Category and Period of Continuous Unrealized Loss	Securities with unrealized losses, aggregated by category and period of continuous unrealized loss, of AFS investment securities are as follows: Less than 12 months 12 months or longer Total March 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized Available for sale securities U.S. agency mortgage-backed securities $ 122,317 $ 5,606 $ 52,554 $ 4,787 $ 174,871 $ 10,393 U.S. Treasury securities 30,157 988 202 19 30,359 1,007 Asset-backed securities 11,869 282 2,984 57 14,853 339 Corporate debt securities 10,535 429 1,804 219 12,339 648 U.S. state and municipal securities 761 33 38 5 799 38 Non-agency commercial mortgage-backed securities 281 8 — — 281 8 Certificates of deposit 1,296 4 — — 1,296 4 Foreign government agency securities 1,096 36 — — 1,096 36 Other 299 1 — — 299 1 Total $ 178,611 $ 7,387 $ 57,582 $ 5,087 $ 236,193 $ 12,474 December 31, 2021 U.S. agency mortgage-backed securities $ 186,955 $ 3,216 $ 38,007 $ 1,373 $ 224,962 $ 4,589 U.S. Treasury securities 16,658 125 21 — 16,679 125 Asset-backed securities 6,093 58 2,708 22 8,801 80 Corporate debt securities 4,713 99 197 10 4,910 109 Certificates of deposit 799 1 — — 799 1 U.S. state and municipal securities 191 4 5 1 196 5 Total $ 215,409 $ 3,503 $ 40,938 $ 1,406 $ 256,347 $ 4,909
Maturities of Securities Available for Sale and Held to Maturity	The maturities of AFS and HTM investment securities are as follows: March 31, 2022 Within After 1 year After 5 years After Total U.S. agency mortgage-backed securities $ 2,728 $ 15,269 $ 40,423 $ 143,114 $ 201,534 U.S. Treasury securities 5,250 24,070 2,513 — 31,833 Asset-backed securities — 6,647 2,906 8,870 18,423 Corporate debt securities 1,157 9,705 3,746 — 14,608 U.S. state and municipal securities 54 117 955 450 1,576 Non-agency commercial mortgage-backed securities — — — 1,161 1,161 Certificates of deposit 500 796 — — 1,296 Foreign government agency securities 100 996 — — 1,096 Commercial paper 200 — — — 200 Other 100 199 — 23 322 Total fair value $ 10,089 $ 57,799 $ 50,543 $ 153,618 $ 272,049 Total amortized cost $ 10,094 $ 59,019 $ 53,598 $ 161,484 $ 284,195 Held to maturity securities U.S. agency mortgage-backed securities $ 653 $ 5,099 $ 20,215 $ 73,182 $ 99,149 Total fair value $ 653 $ 5,099 $ 20,215 $ 73,182 $ 99,149 Total amortized cost $ 655 $ 5,282 $ 21,473 $ 77,876 $ 105,286
Proceeds and Gross Realized Gains And Losses from Sales of Securities Available for Sale	Proceeds and gross realized gains and losses from sales of AFS investment securities are as follows: Three Months Ended 2022 2021 Proceeds $ 9,521 $ 6,605 Gross realized gains 115 20 Gross realized losses 103 10

Bank Loans and Related Allowa_2

Bank Loans and Related Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Composition of Bank Loans and Delinquency Analysis by Loan Segment	The composition of bank loans and delinquency analysis by portfolio segment and class of financing receivable is as follows: March 31, 2022 Current 30-59 days 60-89 days > 90 days past (3) Total past due Total Allowance Total Residential real estate: First Mortgages (1,2) $ 22,653 $ 15 $ — $ 23 $ 38 $ 22,691 $ 23 $ 22,668 HELOCs (1,2) 607 2 — 7 9 616 2 614 Total residential real estate 23,260 17 — 30 47 23,307 25 23,282 Pledged asset lines 13,696 12 8 — 20 13,716 — 13,716 Other 212 — — — — 212 3 209 Total bank loans $ 37,168 $ 29 $ 8 $ 30 $ 67 $ 37,235 $ 28 $ 37,207 December 31, 2021 Residential real estate: First Mortgages (1,2) $ 21,022 $ 41 $ 1 $ 26 $ 68 $ 21,090 $ 13 $ 21,077 HELOCs (1,2) 637 2 — 9 11 648 2 646 Total residential real estate 21,659 43 1 35 79 21,738 15 21,723 Pledged asset lines 12,698 3 8 — 11 12,709 — 12,709 Other 207 — — — — 207 3 204 Total bank loans $ 34,564 $ 46 $ 9 $ 35 $ 90 $ 34,654 $ 18 $ 34,636 (1) First Mortgages and HELOCs include unamortized premiums and discounts and direct origination costs of $94 million and $91 million at March 31, 2022 and December 31, 2021, respectively. (2) First Mortgage and HELOC portfolios concentrated in California as of March 31, 2022 and December 31, 2021 were 45% and 46%, respectively. These loans have performed in a manner consistent with the portfolio as a whole. (3) There were no loans accruing interest that were contractually 90 days or more past due at March 31, 2022 or December 31, 2021.
Changes in Allowance for Credit Losses on Bank Loans	Changes in the allowance for credit losses on bank loans were as follows: March 31, 2022 March 31, 2021 Three Months Ended First Mortgages HELOCs Total residential real estate Other Total First Mortgages HELOCs Total residential real estate Other Total Balance at beginning of $ 13 $ 2 $ 15 $ 3 $ 18 $ 22 $ 5 $ 27 $ 3 $ 30 Charge-offs — — — — — — — — — — Recoveries — — — — — — — — — — Provision for credit 10 — 10 — 10 (10) (2) (12) — (12) Balance at end of period $ 23 $ 2 $ 25 $ 3 $ 28 $ 12 $ 3 $ 15 $ 3 $ 18
Bank Loan-related Nonperforming Assets and Troubled Debt Restructurings	A summary of bank loan-related nonperforming assets and troubled debt restructurings is as follows: March 31, 2022 December 31, 2021 Nonaccrual loans (1) $ 30 $ 35 Other real estate owned (2) — 1 Total nonperforming assets 30 36 Troubled debt restructurings — — Total nonperforming assets and troubled debt restructurings $ 30 $ 36 (1) Nonaccrual loans include nonaccrual troubled debt restructurings. (2) Included in other assets on the condensed consolidated balance sheets.
Credit Quality Indicators of Bank Loan Portfolio	The credit quality indicators of the Company’s bank loan portfolio are detailed below: First Mortgages Amortized Cost Basis by Origination Year March 31, 2022 2022 2021 2020 2019 2018 pre-2018 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ 1 $ 1 $ — $ — $ 1 $ 3 $ — $ — $ — 620 – 679 13 32 23 3 1 21 93 — 2 2 680 – 739 303 1,297 466 132 37 266 2,501 58 56 114 ≥740 2,064 11,614 4,158 919 140 1,199 20,094 298 202 500 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Origination LTV ≤70% $ 1,939 $ 11,193 $ 3,860 $ 847 $ 140 $ 1,110 $ 19,089 $ 298 $ 185 $ 483 >70% – ≤90% 441 1,751 788 207 38 374 3,599 58 73 131 >90% – ≤100% — — — — — 3 3 — 2 2 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Updated FICO <620 $ — $ 11 $ 11 $ 1 $ 1 $ 13 $ 37 $ 1 $ 6 $ 7 620 – 679 27 114 46 10 8 49 254 8 13 21 680 – 739 302 1,118 373 110 23 166 2,092 46 38 84 ≥740 2,051 11,701 4,218 933 146 1,259 20,308 301 203 504 Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Estimated Current LTV (1) ≤70% $ 1,953 $ 12,107 $ 4,624 $ 1,050 $ 178 $ 1,483 $ 21,395 $ 356 $ 258 $ 614 >70% – ≤90% 427 837 24 4 — 4 1,296 — 1 1 >90% – ≤100% — — — — — — — — 1 1 >100% — — — — — — — — — — Total $ 2,380 $ 12,944 $ 4,648 $ 1,054 $ 178 $ 1,487 $ 22,691 $ 356 $ 260 $ 616 Percent of Loans on 0.02 % 0.02 % 0.10 % 0.01 % 0.02 % 1.03 % 0.10 % 0.51 % 1.89 % 1.14 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs. First Mortgages Amortized Cost Basis by Origination Year December 31, 2021 2021 2020 2019 2018 pre-2018 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ 1 $ 1 $ — $ — $ 1 $ 3 $ — $ — $ — 620 – 679 34 25 5 1 25 90 — 2 2 680 – 739 1,306 524 146 41 313 2,330 61 60 121 ≥740 11,649 4,454 1,049 165 1,350 18,667 308 217 525 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Origination LTV ≤70% $ 11,234 $ 4,159 $ 948 $ 160 $ 1,260 $ 17,761 $ 305 $ 199 $ 504 >70% – ≤90% 1,756 845 252 47 426 3,326 64 78 142 >90% – ≤100% — — — — 3 3 — 2 2 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Updated FICO <620 $ 5 $ 2 $ 1 $ — $ 14 $ 22 $ 2 $ 6 $ 8 620 – 679 96 69 19 7 38 229 6 14 20 680 – 739 1,265 421 115 24 202 2,027 51 39 90 ≥740 11,624 4,512 1,065 176 1,435 18,812 310 220 530 Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Estimated Current LTV (1) ≤70% $ 11,707 $ 4,961 $ 1,196 $ 206 $ 1,684 $ 19,754 $ 368 $ 277 $ 645 >70% – ≤90% 1,283 43 4 1 5 1,336 1 2 3 >90% – ≤100% — — — — — — — — — >100% — — — — — — — — — Total $ 12,990 $ 5,004 $ 1,200 $ 207 $ 1,689 $ 21,090 $ 369 $ 279 $ 648 Percent of Loans on 0.03 % 0.10 % 0.03 % 0.03 % 1.03 % 0.12 % 0.64 % 2.33 % 1.39 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs.
Converting to Amortizing Loans	The following table presents HELOCs converted to amortizing loans during each period presented: Three Months Ended 2022 2021 HELOCs converted to amortizing loans $ 2 $ 9 The following table presents when current outstanding HELOCs will convert to amortizing loans: March 31, 2022 Balance Converted to an amortizing loan by period end $ 260 Within 1 year 22 > 1 year – 3 years 60 > 3 years – 5 years 62 > 5 years 212 Total $ 616

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities [Abstract]
Schedule of Aggregate Assets, Liabilities and Maximum Exposure to Loss	The aggregate assets, liabilities, and maximum exposure to loss from those VIEs in which Schwab holds a variable interest, but is not the primary beneficiary, are summarized in the table below: March 31, 2022 December 31, 2021 Aggregate Aggregate Maximum Aggregate Aggregate Maximum LIHTC investments (1) $ 914 $ 516 $ 914 $ 915 $ 530 $ 915 Other CRA investments (2) 181 — 207 161 — 211 Total $ 1,095 $ 516 $ 1,121 $ 1,076 $ 530 $ 1,126 (1) Aggregate assets and aggregate liabilities are included in other assets and accrued expenses and other liabilities, respectively, on the condensed consolidated balance sheets. (2) Other CRA investments are accounted for as loans at amortized cost, equity method investments, AFS securities, or using the adjusted cost method. Aggregate assets are included in AFS securities, bank loans – net, or other assets on the condensed consolidated balance sheets.

Bank Deposits (Tables)

Bank Deposits (Tables)	3 Months Ended
	Mar. 31, 2022
Deposit Liabilities [Abstract]
Schedule of Deposits from Banking Clients Consisting of Interest Bearing and Noninterest Bearing Deposits	Bank deposits consist of interest-bearing and non-interest-bearing deposits as follows: March 31, 2022 December 31, 2021 Interest-bearing deposits: Deposits swept from brokerage accounts $ 434,008 $ 412,287 Checking 23,343 22,786 Savings and other 7,347 7,234 Total interest-bearing deposits 464,698 442,307 Non-interest-bearing deposits 1,129 1,471 Total bank deposits $ 465,827 $ 443,778

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Including Unamortized Debt Discounts and Premiums	The following table lists long-term debt by instrument outstanding as of March 31, 2022 and December 31, 2021. Date of Issuance Principal Amount Outstanding March 31, 2022 December 31, 2021 CSC Fixed-rate Senior Notes: 3.225% due September 1, 2022 08/29/12 $ 256 $ 256 2.650% due January 25, 2023 12/07/17 800 800 3.550% due February 1, 2024 10/31/18 500 500 0.750% due March 18, 2024 03/18/21 1,500 1,500 3.750% due April 1, 2024 09/24/21 350 350 3.000% due March 10, 2025 03/10/15 375 375 4.200% due March 24, 2025 03/24/20 600 600 3.625% due April 1, 2025 09/24/21 418 418 3.850% due May 21, 2025 05/22/18 750 750 3.450% due February 13, 2026 11/13/15 350 350 0.900% due March 11, 2026 12/11/20 1,250 1,250 1.150% due May 13, 2026 05/13/21 1,000 1,000 3.200% due March 2, 2027 03/02/17 650 650 2.450% due March 3, 2027 03/03/22 1,500 — 3.300% due April 1, 2027 09/24/21 744 744 3.200% due January 25, 2028 12/07/17 700 700 2.000% due March 20, 2028 03/18/21 1,250 1,250 4.000% due February 1, 2029 10/31/18 600 600 3.250% due May 22, 2029 05/22/19 600 600 2.750% due October 1, 2029 09/24/21 475 475 4.625% due March 22, 2030 03/24/20 500 500 1.650% due March 11, 2031 12/11/20 750 750 2.300% due May 13, 2031 05/13/21 750 750 1.950% due December 1, 2031 08/26/21 850 850 2.900% due March 3, 2032 03/03/22 1,000 — CSC Floating-rate Senior Notes: SOFR + 0.500% due March 18, 2024 03/18/21 1,250 1,250 SOFR + 0.520% due May 13, 2026 05/13/21 500 500 SOFR + 1.050% due March 3, 2027 03/03/22 500 — Total CSC Senior Notes 20,768 17,768 TDA Holding Fixed-rate Senior Notes: 2.950% due April 1, 2022 03/09/15 750 750 3.750% due April 1, 2024 11/01/18 50 50 3.625% due April 1, 2025 10/22/14 82 82 3.300% due April 1, 2027 04/27/17 56 56 2.750% due October 1, 2029 08/16/19 25 25 Total TDA Holding Senior Notes 963 963 Finance lease liabilities 91 94 Unamortized premium — net 162 180 Debt issuance costs (111) (91) Total long-term debt $ 21,873 $ 18,914
Schedule of Annual Maturities on Long-term Debt Outstanding	Annual maturities on all long-term debt outstanding at March 31, 2022 are as follows: Maturities 2022 $ 1,028 2023 832 2024 3,675 2025 2,237 2026 3,100 Thereafter 10,950 Total maturities 21,822 Unamortized premium— net 162 Debt issuance costs (111) Total long-term debt $ 21,873

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments to Purchase or Sell	The Company’s commitments to extend credit on bank lines of credit and to purchase First Mortgages are as follows: March 31, 2022 December 31, 2021 Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit $ 5,898 $ 6,193 Commitments to purchase First Mortgage loans 1,577 1,824 Total $ 7,475 $ 8,017

Exit and Other Related Liabil_2

Exit and Other Related Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of the Activity in Exit Liabilities	The following is a summary of the activity in the Company’s exit and other related liabilities for the three months ended March 31, 2022: Investor Services Advisor Services Total Balance at December 31, 2021 $ 28 $ 7 $ 35 Amounts recognized in expense (1) 8 2 10 Costs paid or otherwise settled (4) (1) (5) Balance at March 31, 2022 (2) $ 32 $ 8 $ 40 (1) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are primarily included in compensation and benefits on the condensed consolidated statements of income. (2) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. The following is a summary of the activity in the Company’s exit and other related liabilities for the three months ended March 31, 2021: Investor Services Advisor Services Total Balance at December 31, 2020 $ 86 $ 24 $ 110 Amounts recognized in expense (1) 22 6 28 Costs paid or otherwise settled (52) (15) (67) Balance at March 31, 2021 (2) $ 56 $ 15 $ 71 (1) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are primarily included in compensation and benefits on the condensed consolidated statements of income. (2) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets.
Schedule of the Cumulative Amount of Acquisition-Related Exit Costs	The following table summarizes the exit and other related costs recognized in expense for the three months ended March 31, 2022: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 8 $ — $ 8 $ 2 $ — $ 2 $ 10 Occupancy and equipment — 1 1 — 1 1 2 Total $ 8 $ 1 $ 9 $ 2 $ 1 $ 3 $ 12 (1) Costs related to facility closures. These costs, which are comprised of accelerated amortization of right-of-use (ROU) assets, relate to the impact of abandoning leased properties. The following table summarizes the exit and other related costs recognized in expense for the three months ended March 31, 2021: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 22 $ — $ 22 $ 6 $ — $ 6 $ 28 Occupancy and equipment — 10 10 — 3 3 13 Professional services — 1 1 — — — 1 Other — 1 1 — — — 1 Total $ 22 $ 12 $ 34 $ 6 $ 3 $ 9 $ 43 (1) Costs related to facility closures. These costs, which are primarily comprised of accelerated amortization of ROU assets, relate to the impact of abandoning leased and other properties. The following table summarizes the exit and other related costs incurred from October 6, 2020 through March 31, 2022: Investor Services Advisor Services Employee Compensation and Benefits Facility Exit Costs (1) Investor Services Total Employee Compensation and Benefits Facility Exit Costs (1) Advisor Services Total Total Compensation and benefits $ 212 $ — $ 212 $ 57 $ — $ 57 $ 269 Occupancy and equipment — 25 25 — 6 6 31 Depreciation and amortization — 2 2 — 1 1 3 Professional services — 1 1 — — — 1 Other — 2 2 — — — 2 Total $ 212 $ 30 $ 242 $ 57 $ 7 $ 64 $ 306 (1) Costs related to facility closures. These costs, which are primarily comprised of accelerated amortization of ROU assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties.

Financial Instruments Subject_2

Financial Instruments Subject to Off-Balance Sheet Credit Risk (Tables)	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Schedule of Offsetting Assets and Liabilities	The following table presents information about our resale agreements, securities lending, and other activity depicting the potential effect of rights of setoff between these recognized assets and recognized liabilities. Gross Gross Amounts Net Amounts Gross Amounts Not Offset in the Net Counterparty Collateral March 31, 2022 Assets Resale agreements (1) $ 14,011 $ — $ 14,011 $ — $ (14,011) (2) $ — Securities borrowed (3) 570 — 570 (361) (202) 7 Total $ 14,581 $ — $ 14,581 $ (361) $ (14,213) $ 7 Liabilities Securities loaned (4,5) $ 7,221 $ — $ 7,221 $ (361) $ (6,040) $ 820 Secured short-term borrowings (6) 1,850 — 1,850 — (1,850) — Total $ 9,071 $ — $ 9,071 $ (361) $ (7,890) $ 820 December 31, 2021 Assets Resale agreements (1) $ 13,096 $ — $ 13,096 $ — $ (13,096) (2) $ — Securities borrowed (3) 582 — 582 (383) (195) 4 Total $ 13,678 $ — $ 13,678 $ (383) $ (13,291) $ 4 Liabilities Securities loaned (4,5) $ 7,158 $ — $ 7,158 $ (383) $ (6,015) $ 760 Secured short-term borrowings (6) 1,850 — 1,850 — (1,850) — Total $ 9,008 $ — $ 9,008 $ (383) $ (7,865) $ 760 (1) Included in cash and investments segregated and on deposit for regulatory purposes in the condensed consolidated balance sheets. (2) Actual collateral was greater than or equal to the value of the related assets. At March 31, 2022 and December 31, 2021, the fair value of collateral received in connection with resale agreements that are available to be repledged or sold was $14.4 billion and $13.4 billion, respectively. (3) Included in other assets in the condensed consolidated balance sheets. (4) Included in accrued expenses and other liabilities in the condensed consolidated balance sheets. The cash collateral received from counterparties under securities lending transactions was equal to or greater than the market value of the securities loaned at March 31, 2022 and December 31, 2021. (5) Securities loaned are predominantly comprised of equity securities held in client brokerage accounts with overnight and continuous remaining contractual maturities.
Summary of the Fair Value of Client Securities Available to Utilize as Collateral and Amounts Pledged	The following table summarizes the fair value of client securities that were available, under such regulations, that could have been used as collateral, as well as the fair value of securities that we had pledged to third parties under such regulations and from securities borrowed transactions: March 31, 2022 December 31, 2021 Fair value of client securities available to be pledged $ 111,343 $ 120,306 Fair value of securities pledged for: Fulfillment of requirements with the Options Clearing Corporation (1) $ 16,442 $ 16,829 Fulfillment of client short sales 6,320 5,934 Securities lending to other broker-dealers 6,144 6,269 Collateral for short-term borrowings 2,253 2,390 Total collateral pledged to third parties $ 31,159 $ 31,422 Note: Excludes amounts available and pledged for securities lending from fully-paid client securities. The fair value of fully-paid client securities available and pledged was $242 million as of March 31, 2022 and $118 million as of December 31, 2021.

Fair Values of Assets and Lia_2

Fair Values of Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis: March 31, 2022 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 15,112 $ — $ — $ 15,112 Commercial paper — 4,587 — 4,587 Total cash equivalents 15,112 4,587 — 19,699 Investments segregated and on deposit for regulatory purposes: Certificates of deposit — 349 — 349 U.S. Government securities — 35,707 — 35,707 Total investments segregated and on deposit for regulatory purposes — 36,056 — 36,056 Available for sale securities: U.S. agency mortgage-backed securities — 201,534 — 201,534 U.S. Treasury securities — 31,833 — 31,833 Asset-backed securities — 18,423 — 18,423 Corporate debt securities — 14,608 — 14,608 U.S. state and municipal securities — 1,576 — 1,576 Non-agency commercial mortgage-backed securities — 1,161 — 1,161 Certificates of deposit — 1,296 — 1,296 Foreign government agency securities — 1,096 — 1,096 Commercial paper — 200 — 200 Other — 322 — 322 Total available for sale securities — 272,049 — 272,049 Other assets: Equity, corporate debt, and other securities 865 59 — 924 Mutual funds and ETFs 603 — — 603 State and municipal debt obligations — 7 — 7 U.S. Government securities — 4 — 4 Total other assets 1,468 70 — 1,538 Total assets $ 16,580 $ 312,762 $ — $ 329,342 Accrued expenses and other liabilities $ 1,331 $ 48 $ — $ 1,379 Total liabilities $ 1,331 $ 48 $ — $ 1,379 December 31, 2021 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 11,719 $ — $ — $ 11,719 Total cash equivalents 11,719 — — 11,719 Investments segregated and on deposit for regulatory purposes: Certificates of deposit — 350 — 350 U.S. Government securities — 36,349 — 36,349 Total investments segregated and on deposit for regulatory purposes — 36,699 — 36,699 Available for sale securities: U.S. agency mortgage-backed securities — 334,355 — 334,355 U.S. Treasury securities — 21,282 — 21,282 Asset-backed securities — 17,546 — 17,546 Corporate debt securities — 12,344 — 12,344 U.S. state and municipal securities — 1,687 — 1,687 Non-agency commercial mortgage-backed securities — 1,190 — 1,190 Certificates of deposit — 999 — 999 Foreign government agency securities — 425 — 425 Commercial paper — 200 — 200 Other — 26 — 26 Total available for sale securities — 390,054 — 390,054 Other assets: Equity, corporate debt, and other securities 854 59 — 913 Mutual funds and ETFs 636 — — 636 State and municipal debt obligations — 32 — 32 U.S. Government securities — 3 — 3 Total other assets 1,490 94 — 1,584 Total assets $ 13,209 $ 426,847 $ — $ 440,056 Accrued expenses and other liabilities $ 1,354 $ 45 $ — $ 1,399 Total liabilities $ 1,354 $ 45 $ — $ 1,399
Schedule of Fair Value of Other Financial Instruments	The following tables present the fair value hierarchy for other financial instruments: March 31, 2022 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 71,427 $ 71,427 $ — $ — $ 71,427 Cash and investments segregated and on deposit for 18,385 4,376 14,009 — 18,385 Receivables from brokerage clients — net 84,065 — 84,065 — 84,065 Held to maturity securities: U.S. agency mortgage-backed securities 105,286 — 99,149 — 99,149 Total held to maturity securities 105,286 — 99,149 — 99,149 Bank loans — net: First Mortgages 22,668 — 21,421 — 21,421 HELOCs 614 — 637 — 637 Pledged asset lines 13,716 — 13,716 — 13,716 Other 209 — 209 — 209 Total bank loans — net 37,207 — 35,983 — 35,983 Other assets 3,828 — 3,828 — 3,828 Liabilities Bank deposits $ 465,827 $ — $ 465,827 $ — $ 465,827 Payables to brokerage clients 125,307 — 125,307 — 125,307 Accrued expenses and other liabilities 8,492 — 8,492 — 8,492 Short-term borrowings 4,234 — 4,234 — 4,234 Long-term debt 21,782 — 21,257 — 21,257 December 31, 2021 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 51,256 $ 51,256 $ — $ — $ 51,256 Cash and investments segregated and on deposit for 17,246 4,151 13,095 — 17,246 Receivables from brokerage clients — net 90,560 — 90,560 — 90,560 Bank loans — net: First Mortgages 21,077 — 21,027 — 21,027 HELOCs 646 — 668 — 668 Pledged asset lines 12,709 — 12,709 — 12,709 Other 204 — 204 — 204 Total bank loans — net 34,636 — 34,608 — 34,608 Other assets 3,561 — 3,561 — 3,561 Liabilities Bank deposits $ 443,778 $ — $ 443,778 $ — $ 443,778 Payables to brokerage clients 125,671 — 125,671 — 125,671 Accrued expenses and other liabilities 8,327 — 8,327 — 8,327 Short-term borrowings 4,855 — 4,855 — 4,855 Long-term debt 18,820 — 19,383 — 19,383

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of Preferred Stock Issued and Outstanding	The Company’s preferred stock issued and outstanding is as follows: Liquidation Preference Per Share Dividend Rate in Effect at March 31, 2022 Earliest Redemption Date Date at Which Dividend Rate Resets or Becomes Floating Reset / Floating Rate Margin Over Reset / Floating Rate Shares Issued and Outstanding (in ones) at Carrying Value at March 31, (1) December 31, 2021 (1) March 31, 2022 December 31, 2021 Issue Date Fixed-rate: Series D 750,000 750,000 $ 1,000 $ 728 $ 728 03/07/16 5.950 % 06/01/21 N/A N/A N/A Series J 600,000 600,000 1,000 584 584 03/30/21 4.450 % 06/01/26 N/A N/A N/A Fixed-to-floating-rate/Fixed-rate reset: Series A 400,000 400,000 1,000 397 397 01/26/12 5.137 % 02/01/22 02/01/22 3M LIBOR 4.820 % Series E 6,000 6,000 100,000 591 591 10/31/16 3.838 % 03/01/22 03/01/22 3M LIBOR 3.315 % Series F 5,000 5,000 100,000 492 492 10/31/17 5.000 % 12/01/27 12/01/27 3M LIBOR 2.575 % Series G (2) 25,000 25,000 100,000 2,470 2,470 04/30/20 5.375 % 06/01/25 06/01/25 5-Year Treasury 4.971 % Series H (3) 25,000 25,000 100,000 2,470 2,470 12/11/20 4.000 % 12/01/30 12/01/30 10-Year Treasury 3.079 % Series I (2) 22,500 22,500 100,000 2,222 2,222 03/18/21 4.000 % 06/01/26 06/01/26 5-Year Treasury 3.168 % Series K (4) 7,500 — 100,000 740 — 03/04/22 5.000 % 06/01/27 06/01/27 5-Year Treasury 3.256 % Total preferred 1,841,000 1,833,500 $ 10,694 $ 9,954 (1) Represented by depositary shares, except for Series A. (2) The dividend rate for Series G and I resets on each five-year anniversary from the first reset date. (3) The dividend rate for Series H resets on each ten-year anniversary from the first reset date. (4) The Series K dividend rate resets on each five-year anniversary beginning on June 1, 2027 based on a five-year treasury rate, representing the average of the yields on actively traded U.S. treasury securities adjusted to constant maturity for five-year maturities. Series K is only redeemable on dividend payment dates on or after the first reset date. N/A Not applicable.
Schedule of Dividends Declared	Dividends declared on the Company’s preferred stock are as follows: Three Months Ended March 31, 2022 2021 Total Per Share Total Per Share Series A $ 5.0 $ 12.70 $ — $ — Series C (1) — — 9.0 15.00 Series D 11.2 14.88 11.2 14.88 Series E 13.9 2,312.50 13.9 2,312.50 Series F — — — — Series G 33.6 1,343.75 33.6 1,343.75 Series H 25.0 1,000.00 22.2 888.89 Series I (2) 22.5 1,000.00 — — Series J (3) 6.7 11.13 — — Series K (4) — — — — Total $ 117.9 $ 89.9 (1) Series C Preferred Stock was redeemed on June 1, 2021. Prior to redemption, dividends were paid quarterly and the final dividend was paid on June 1, 2021. (2) Series I Preferred Stock was issued on March 18, 2021. Dividends are paid quarterly, and the first dividend was paid on June 1, 2021. (3) Series J Preferred Stock was issued on March 30, 2021. Dividends are paid quarterly, and the first dividend was paid on June 1, 2021. (4) Series K Preferred Stock was issued on March 4, 2022. Dividends are paid quarterly, and the first dividend will be paid on June 1, 2022.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income	AOCI represents cumulative gains and losses that are not reflected in earnings. AOCI balances and the components of other comprehensive income (loss) are as follows: Total AOCI Balance at December 31, 2020 $ 5,394 Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $(1,409) (4,508) Other reclassifications included in other revenue, net of tax expense (benefit) of $(2) (8) Balance at March 31, 2021 $ 878 Balance at December 31, 2021 $ (1,109) Available for sale securities: Net unrealized gain (loss), excluding transfers to held to maturity, net of tax expense (benefit) of $(3,137) (9,998) Net unrealized loss on securities transferred to held to maturity, net of tax expense (benefit) of $579 (1) 1,850 Other reclassifications included in other revenue, net of tax expense (benefit) of $(3) (9) Held to maturity securities: Net unrealized loss on securities transferred from available for sale, net of tax expense (benefit) of $(579) (1) (1,850) Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $21 71 Balance at March 31, 2022 $ (11,045) (1) In January 2022, the Company transferred a portion of its AFS securities to the HTM category. The transfer resulted in no net impact to AOCI. See Note 4 for additional discussion on the transfer of AFS securities to HTM.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of EPS Under Basic and Diluted Computations	EPS under the basic and diluted computations for both common stock and nonvoting common stock are as follows: Three Months Ended 2022 2021 Common Nonvoting Common Nonvoting Basic earnings per share: Numerator Net income $ 1,344 $ 58 $ 1,422 $ 62 Preferred stock dividends and other (1) (119) (5) (92) (4) Net income available to common stockholders $ 1,225 $ 53 $ 1,330 $ 58 Denominator Weighted-average common shares outstanding — basic 1,815 79 1,803 79 Basic earnings per share $ .67 $ .67 $ .74 $ .74 Diluted earnings per share: Numerator Net income available to common stockholders $ 1,225 $ 53 $ 1,330 $ 58 Reallocation of net income available to common stockholders as a result of conversion of nonvoting to 53 — 58 — Allocation of net income available to common stockholders: $ 1,278 $ 53 $ 1,388 $ 58 Denominator Weighted-average common shares outstanding — basic 1,815 79 1,803 79 Conversion of nonvoting shares to voting shares 79 — 79 — Common stock equivalent shares related to stock incentive plans 11 — 10 — Weighted-average common shares outstanding — diluted (2) 1,905 79 1,892 79 Diluted earnings per share $ .67 $ .67 $ .73 $ .73 (1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units.

Regulatory Requirements (Tables

Regulatory Requirements (Tables)	3 Months Ended
	Mar. 31, 2022
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Schedule of Regulatory Capital and Ratios	The regulatory capital and ratios for CSC (consolidated) and CSB are as follows: Actual Minimum to be Minimum Capital Requirement March 31, 2022 Amount Ratio Amount Ratio Amount Ratio (1) CSC Common Equity Tier 1 Risk-Based Capital $ 29,119 18.9 % N/A $ 6,946 4.5 % Tier 1 Risk-Based Capital 39,813 25.8 % N/A 9,261 6.0 % Total Risk-Based Capital 39,850 25.8 % N/A 12,348 8.0 % Tier 1 Leverage 39,813 6.1 % N/A 25,937 4.0 % Supplementary Leverage Ratio 39,813 6.1 % N/A 19,613 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 30,672 27.1 % $ 7,352 6.5 % $ 5,090 4.5 % Tier 1 Risk-Based Capital 30,672 27.1 % 9,049 8.0 % 6,786 6.0 % Total Risk-Based Capital 30,701 27.1 % 11,311 10.0 % 9,049 8.0 % Tier 1 Leverage 30,672 7.1 % 21,581 5.0 % 17,265 4.0 % Supplementary Leverage Ratio 30,672 7.0 % N/A 13,076 3.0 % December 31, 2021 CSC Common Equity Tier 1 Risk-Based Capital $ 27,967 19.7 % N/A $ 6,389 4.5 % Tier 1 Risk-Based Capital 37,921 26.7 % N/A 8,518 6.0 % Total Risk-Based Capital 37,950 26.7 % N/A 11,358 8.0 % Tier 1 Leverage 37,921 6.2 % N/A 24,346 4.0 % Supplementary Leverage Ratio 37,921 6.2 % N/A 18,434 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 28,014 26.8 % $ 6,787 6.5 % $ 4,698 4.5 % Tier 1 Risk-Based Capital 28,014 26.8 % 8,353 8.0 % 6,265 6.0 % Total Risk-Based Capital 28,033 26.8 % 10,441 10.0 % 8,353 8.0 % Tier 1 Leverage 28,014 7.1 % 19,790 5.0 % 15,832 4.0 % Supplementary Leverage Ratio 28,014 7.0 % N/A 12,016 3.0 % (1) Under risk-based capital rules, CSC and CSB are also required to maintain additional capital buffers above the regulatory minimum risk-based capital ratios. Beginning in 2022, CSC will become subject to a stress capital buffer requirement once the Federal Reserve provides CSC with its final stress capital buffer requirement and it becomes effective on October 1, 2022. A firm that has not yet received a stress capital buffer but that is subject to capital planning requirements, such as CSC, is subject to a stress capital buffer requirement of 2.5% under regulatory requirements. CSB is required to maintain a capital conservation buffer of 2.5%. CSC and CSB are also required to maintain a countercyclical capital buffer above the regulatory minimum risk-based capital ratios, which was zero for both periods presented. If a buffer falls below the minimum requirement, CSC and CSB would be subject to increasingly strict limits on capital distributions and discretionary bonus payments to executive officers. At March 31, 2022, the minimum capital ratio requirements for both CSC and CSB, inclusive of their respective buffers, were 7.0%, 8.5%, and 10.5% for Common Equity Tier 1 Risk-Based Capital, Tier 1 Risk-Based Capital, and Total Risk-Based Capital, respectively. N/A Not applicable.
Schedule of Net Capital and Net Capital Requirements	Net capital and net capital requirements for CS&Co, TDAC, and TD Ameritrade, Inc., are as follows: March 31, 2022 December 31, 2021 CS&Co Net capital $ 5,156 $ 5,231 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances 918 941 Net capital in excess of required net capital $ 4,238 $ 4,290 TDAC Net capital $ 5,325 $ 5,337 Minimum dollar requirement 1.500 1.500 2% of aggregate debit balances 903 1,007 Net capital in excess of required net capital $ 4,422 $ 4,330 TD Ameritrade, Inc. Net capital $ 679 $ 711 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances — — Net capital in excess of required net capital $ 679 $ 711

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Financial Information for Reportable Segments	Financial information for the segments is presented in the following table: Investor Services Advisor Services Total Three Months Ended March 31, 2022 2021 2022 2021 2022 2021 Net Revenues Net interest revenue $ 1,574 $ 1,454 $ 609 $ 457 $ 2,183 $ 1,911 Asset management and administration fees 781 742 287 274 1,068 1,016 Trading revenue 844 1,097 119 119 963 1,216 Bank deposit account fees 200 254 94 97 294 351 Other 127 178 37 43 164 221 Total net revenues 3,526 3,725 1,146 990 4,672 4,715 Expenses Excluding Interest 2,131 2,109 702 646 2,833 2,755 Income before taxes on income $ 1,395 $ 1,616 $ 444 $ 344 $ 1,839 $ 1,960

Revenue Recognition (Schedule o

Revenue Recognition (Schedule of Disaggregated Revenue) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Cash and cash equivalents		$ 34	$ 7
Cash and investments segregated		15	10
Receivables from brokerage clients		626	563
Available for sale securities		947	1,091
Held to maturity securities		378	0
Bank loans		187	139
Securities lending revenue		129	204
Other interest revenue		3	1
Interest revenue		2,319	2,015
Bank deposits		(16)	(13)
Payables to brokerage clients		(2)	(2)
Short-term borrowings		(4)	0
Long-term debt		(108)	(85)
Securities lending expense		(7)	(5)
Other interest expense		1	1
Interest expense		(136)	(104)
Net interest revenue		2,183	1,911
Other		164	221
Total net revenues		4,672	4,715
Asset management and administration fees [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	[1]	1,068	1,016
Asset Management and administration fees, Mutual funds, ETFs, and CTFs [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		489	470
Asset Management and administration fees, Advice solutions [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		496	468
Asset Management and administration fees, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		83	78
Trading revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		963	1,216
Trading revenue, Commissions [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		484	614
Trading revenue, Order Flow Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		470	591
Trading revenue, Principal Transactions [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		9	11
Bank deposit account fees [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		$ 294	$ 351
[1]	Includes fee waivers of $54 million and $78 million for the three months ended March 31, 2022 and 2021, respectively.

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Receivables from contracts with customers	$ 652	$ 637

Investment Securities (Amortize

Investment Securities (Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Securities Available for Sale and Held to Maturity) (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Available for sale securities
Amortized Cost	$ 284,195,000,000	$ 391,482,000,000
Gross Unrealized Gains	328,000,000	3,481,000,000
Gross Unrealized Losses	12,474,000,000	4,909,000,000
Fair Value	272,049,000,000	390,054,000,000
Held to maturity securities
Amortized Cost	105,286,000,000
Gross Unrealized Gains	0
Gross Unrealized Losses	6,137,000,000
Fair Value	99,149,000,000
U.S. agency mortgage-backed securities [Member]
Available for sale securities
Amortized Cost	211,648,000,000	335,803,000,000
Gross Unrealized Gains	279,000,000	3,141,000,000
Gross Unrealized Losses	10,393,000,000	4,589,000,000
Fair Value	201,534,000,000	334,355,000,000
Held to maturity securities
Amortized Cost	105,286,000,000
Gross Unrealized Gains	0
Gross Unrealized Losses	6,137,000,000
Fair Value	99,149,000,000
U.S. Treasury securities [Member]
Available for sale securities
Amortized Cost	32,839,000,000	21,394,000,000
Gross Unrealized Gains	1,000,000	13,000,000
Gross Unrealized Losses	1,007,000,000	125,000,000
Fair Value	31,833,000,000	21,282,000,000
Asset-backed securities [Member]
Available for sale securities
Amortized Cost	18,742,000,000	17,547,000,000
Gross Unrealized Gains	20,000,000	79,000,000
Gross Unrealized Losses	339,000,000	80,000,000
Fair Value	18,423,000,000	17,546,000,000
Corporate debt securities [Member]
Available for sale securities
Amortized Cost	15,241,000,000	12,310,000,000
Gross Unrealized Gains	15,000,000	143,000,000
Gross Unrealized Losses	648,000,000	109,000,000
Fair Value	14,608,000,000	12,344,000,000
U.S. state and municipal securities [Member]
Available for sale securities
Amortized Cost	1,604,000,000	1,611,000,000
Gross Unrealized Gains	10,000,000	81,000,000
Gross Unrealized Losses	38,000,000	5,000,000
Fair Value	1,576,000,000	1,687,000,000
Non-agency commercial mortgage-backed securities [Member]
Available for sale securities
Amortized Cost	1,166,000,000	1,170,000,000
Gross Unrealized Gains	3,000,000	20,000,000
Gross Unrealized Losses	8,000,000	0
Fair Value	1,161,000,000	1,190,000,000
Certificates of deposit [Member]
Available for sale securities
Amortized Cost	1,300,000,000	1,000,000,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	4,000,000	1,000,000
Fair Value	1,296,000,000	999,000,000
Foreign government agency securities [Member]
Available for sale securities
Amortized Cost	1,132,000,000	425,000,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	36,000,000	0
Fair Value	1,096,000,000	425,000,000
Commercial paper [Member]
Available for sale securities
Amortized Cost	200,000,000	200,000,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	200,000,000	200,000,000
Commercial paper [Member] | Cash and Cash Equivalents
Available for sale securities
Fair Value	4,600,000,000	0
Other [Member]
Available for sale securities
Amortized Cost	323,000,000	22,000,000
Gross Unrealized Gains	0	4,000,000
Gross Unrealized Losses	1,000,000	0
Fair Value	$ 322,000,000	$ 26,000,000
Federal Family Education Loan Program (FFELP) Guaranteed Loans [Member]
Held to maturity securities
Asset-backed securities percentage	51.00%	58.00%
Collateralized Credit Card Securities [Member]
Held to maturity securities
Asset-backed securities percentage	28.00%	30.00%
Corporate debt securities issued by financial services industry [Member]
Held to maturity securities
AFS securities percentage	37.00%	31.00%

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Available-for-sale, written down to fair value		$ 0	$ 0
Writedown to fair value		0	0
Available-for-sale, allowance for credit loss		0	0
Held-to-maturity securities, allowance for credit loss		0
Accrued interest receivable		674,000,000
Accrued interest receivable for AFS			683,000,000
Write-off of accrued interest receivable		0	$ 0
U.S. agency mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of securities transferred from available for sale	$ 108,800,000,000
Unrealized loss from from transfers to held to maturity	$ 2,400,000,000
Deposits [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of pledged securities		1,600,000,000
Federal Home Loan Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of pledged securities		53,000,000,000
Federal Reserve Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Fair value of pledged securities		$ 10,300,000,000

Investment Securities (Availabl

Investment Securities (Available For Sale with Unrealized Losses, Aggregated by Category and Period of Continuous Unrealized Loss) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Available for sale securities
Less than 12 months Fair Value	$ 178,611	$ 215,409
Less than 12 months Unrealized Losses	7,387	3,503
12 months or longer Fair Value	57,582	40,938
12 months or longer Unrealized Losses	5,087	1,406
Total Fair Value	236,193	256,347
Total Unrealized Losses	12,474	4,909
U.S. agency mortgage-backed securities [Member]
Available for sale securities
Less than 12 months Fair Value	122,317	186,955
Less than 12 months Unrealized Losses	5,606	3,216
12 months or longer Fair Value	52,554	38,007
12 months or longer Unrealized Losses	4,787	1,373
Total Fair Value	174,871	224,962
Total Unrealized Losses	10,393	4,589
U.S. Treasury securities [Member]
Available for sale securities
Less than 12 months Fair Value	30,157	16,658
Less than 12 months Unrealized Losses	988	125
12 months or longer Fair Value	202	21
12 months or longer Unrealized Losses	19	0
Total Fair Value	30,359	16,679
Total Unrealized Losses	1,007	125
Asset-backed securities [Member]
Available for sale securities
Less than 12 months Fair Value	11,869	6,093
Less than 12 months Unrealized Losses	282	58
12 months or longer Fair Value	2,984	2,708
12 months or longer Unrealized Losses	57	22
Total Fair Value	14,853	8,801
Total Unrealized Losses	339	80
Corporate debt securities [Member]
Available for sale securities
Less than 12 months Fair Value	10,535	4,713
Less than 12 months Unrealized Losses	429	99
12 months or longer Fair Value	1,804	197
12 months or longer Unrealized Losses	219	10
Total Fair Value	12,339	4,910
Total Unrealized Losses	648	109
U.S. state and municipal securities [Member]
Available for sale securities
Less than 12 months Fair Value	761	191
Less than 12 months Unrealized Losses	33	4
12 months or longer Fair Value	38	5
12 months or longer Unrealized Losses	5	1
Total Fair Value	799	196
Total Unrealized Losses	38	5
Non-agency commercial mortgage-backed securities [Member]
Available for sale securities
Less than 12 months Fair Value	281
Less than 12 months Unrealized Losses	8
12 months or longer Fair Value	0
12 months or longer Unrealized Losses	0
Total Fair Value	281
Total Unrealized Losses	8
Certificates of deposit [Member]
Available for sale securities
Less than 12 months Fair Value	1,296	799
Less than 12 months Unrealized Losses	4	1
12 months or longer Fair Value	0	0
12 months or longer Unrealized Losses	0	0
Total Fair Value	1,296	799
Total Unrealized Losses	4	$ 1
Foreign government agency securities [Member]
Available for sale securities
Less than 12 months Fair Value	1,096
Less than 12 months Unrealized Losses	36
12 months or longer Fair Value	0
12 months or longer Unrealized Losses	0
Total Fair Value	1,096
Total Unrealized Losses	36
Other [Member]
Available for sale securities
Less than 12 months Fair Value	299
Less than 12 months Unrealized Losses	1
12 months or longer Fair Value	0
12 months or longer Unrealized Losses	0
Total Fair Value	299
Total Unrealized Losses	$ 1

Investment Securities (Maturiti

Investment Securities (Maturities of Securities Available for Sale and Held to Maturity) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Available for sale securities, fair value
Within 1 year	$ 10,089
After 1 year through 5 years	57,799
After 5 years through 10 years	50,543
After 10 years	153,618
Total	272,049	$ 390,054
Available for sale securities, amortized cost
Within 1 year	10,094
After 1 year through 5 years	59,019
After 5 years through 10 years	53,598
After 10 years	161,484
Amortized Cost	284,195	391,482
Held to maturity securities, fair value
Within 1 year	653
After 1 year through 5 years	5,099
After 5 years through 10 years	20,215
After 10 years	73,182
Total	99,149
Held to maturity securities, amortized cost
Within 1 year	655
After 1 year through 5 years	5,282
After 5 years through 10 years	21,473
After 10 years	77,876
Amortized Cost	105,286
U.S. agency mortgage-backed securities [Member]
Available for sale securities, fair value
Within 1 year	2,728
After 1 year through 5 years	15,269
After 5 years through 10 years	40,423
After 10 years	143,114
Total	201,534	334,355
Available for sale securities, amortized cost
Amortized Cost	211,648	335,803
Held to maturity securities, fair value
Within 1 year	653
After 1 year through 5 years	5,099
After 5 years through 10 years	20,215
After 10 years	73,182
Total	99,149
Held to maturity securities, amortized cost
Amortized Cost	105,286
U.S. Treasury securities [Member]
Available for sale securities, fair value
Within 1 year	5,250
After 1 year through 5 years	24,070
After 5 years through 10 years	2,513
After 10 years	0
Total	31,833	21,282
Available for sale securities, amortized cost
Amortized Cost	32,839	21,394
Asset-backed securities [Member]
Available for sale securities, fair value
Within 1 year	0
After 1 year through 5 years	6,647
After 5 years through 10 years	2,906
After 10 years	8,870
Total	18,423	17,546
Available for sale securities, amortized cost
Amortized Cost	18,742	17,547
Corporate debt securities [Member]
Available for sale securities, fair value
Within 1 year	1,157
After 1 year through 5 years	9,705
After 5 years through 10 years	3,746
After 10 years	0
Total	14,608	12,344
Available for sale securities, amortized cost
Amortized Cost	15,241	12,310
U.S. state and municipal securities [Member]
Available for sale securities, fair value
Within 1 year	54
After 1 year through 5 years	117
After 5 years through 10 years	955
After 10 years	450
Total	1,576	1,687
Available for sale securities, amortized cost
Amortized Cost	1,604	1,611
Non-agency commercial mortgage-backed securities [Member]
Available for sale securities, fair value
Within 1 year	0
After 1 year through 5 years	0
After 5 years through 10 years	0
After 10 years	1,161
Total	1,161	1,190
Available for sale securities, amortized cost
Amortized Cost	1,166	1,170
Certificates of deposit [Member]
Available for sale securities, fair value
Within 1 year	500
After 1 year through 5 years	796
After 5 years through 10 years	0
After 10 years	0
Total	1,296	999
Available for sale securities, amortized cost
Amortized Cost	1,300	1,000
Foreign government agency securities [Member]
Available for sale securities, fair value
Within 1 year	100
After 1 year through 5 years	996
After 5 years through 10 years	0
After 10 years	0
Total	1,096	425
Available for sale securities, amortized cost
Amortized Cost	1,132	425
Commercial paper [Member]
Available for sale securities, fair value
Within 1 year	200
After 1 year through 5 years	0
After 5 years through 10 years	0
After 10 years	0
Total	200	200
Available for sale securities, amortized cost
Amortized Cost	200	200
Other [Member]
Available for sale securities, fair value
Within 1 year	100
After 1 year through 5 years	199
After 5 years through 10 years	0
After 10 years	23
Total	322	26
Available for sale securities, amortized cost
Amortized Cost	$ 323	$ 22

Investment Securities (Proceeds

Investment Securities (Proceeds and Gross Realized Gains And Losses from Sales of Securities Available for Sale) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 9,521	$ 6,605
Gross realized gains	115	20
Gross realized losses	$ 103	$ 10

Bank Loans and Related Allowa_3

Bank Loans and Related Allowance for Credit Losses (Composition of Bank Loans and Delinquency Analysis by Loan Segment) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	$ 37,235,000,000	$ 34,654,000,000
Allowance for credit losses	28,000,000	18,000,000	$ 18,000,000	$ 30,000,000
Total bank loans – net	37,207,000,000	34,636,000,000
Loans accruing interest contractually 90 days or more past due	0	0
Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	37,168,000,000	34,564,000,000
Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	67,000,000	90,000,000
30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	29,000,000	46,000,000
60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	8,000,000	9,000,000
More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	30,000,000	35,000,000
Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	23,307,000,000	21,738,000,000
Allowance for credit losses	25,000,000	15,000,000	15,000,000	27,000,000
Total bank loans – net	23,282,000,000	21,723,000,000
Residential Real Estate [Member] | Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	23,260,000,000	21,659,000,000
Residential Real Estate [Member] | Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	47,000,000	79,000,000
Residential Real Estate [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	17,000,000	43,000,000
Residential Real Estate [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	1,000,000
Residential Real Estate [Member] | More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	30,000,000	35,000,000
First Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	22,691,000,000	21,090,000,000
First Mortgage [Member] | Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	22,691,000,000	21,090,000,000
Allowance for credit losses	23,000,000	13,000,000	12,000,000	22,000,000
Total bank loans – net	22,668,000,000	21,077,000,000
First Mortgage [Member] | Residential Real Estate [Member] | Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	22,653,000,000	21,022,000,000
First Mortgage [Member] | Residential Real Estate [Member] | Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	38,000,000	68,000,000
First Mortgage [Member] | Residential Real Estate [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	15,000,000	41,000,000
First Mortgage [Member] | Residential Real Estate [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	1,000,000
First Mortgage [Member] | Residential Real Estate [Member] | More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	23,000,000	26,000,000
HELOCs [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	616,000,000	648,000,000
HELOCs [Member] | Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	616,000,000	648,000,000
Allowance for credit losses	2,000,000	2,000,000	3,000,000	5,000,000
Total bank loans – net	614,000,000	646,000,000
HELOCs [Member] | Residential Real Estate [Member] | Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	607,000,000	637,000,000
HELOCs [Member] | Residential Real Estate [Member] | Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	9,000,000	11,000,000
HELOCs [Member] | Residential Real Estate [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	2,000,000	2,000,000
HELOCs [Member] | Residential Real Estate [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
HELOCs [Member] | Residential Real Estate [Member] | More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	7,000,000	9,000,000
Pledged asset lines [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	13,716,000,000	12,709,000,000
Allowance for credit losses	0	0
Total bank loans – net	13,716,000,000	12,709,000,000
Pledged asset lines [Member] | Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	13,696,000,000	12,698,000,000
Pledged asset lines [Member] | Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	20,000,000	11,000,000
Pledged asset lines [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	12,000,000	3,000,000
Pledged asset lines [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	8,000,000	8,000,000
Pledged asset lines [Member] | More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
Other [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	212,000,000	207,000,000
Allowance for credit losses	3,000,000	3,000,000	$ 3,000,000	$ 3,000,000
Total bank loans – net	209,000,000	204,000,000
Other [Member] | Current [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	212,000,000	207,000,000
Other [Member] | Total Past Due And Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
Other [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
Other [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
Other [Member] | More Than 90 Days Past Due and Other Nonaccrual Loans [Member]
Financing Receivable, Past Due [Line Items]
Total nonperforming assets	0	0
First Mortgage and HELOC [Member]
Financing Receivable, Past Due [Line Items]
Unamortized premiums and discounts and direct origination costs	$ 94,000,000	$ 91,000,000
First Mortgage and HELOC [Member] | Loans Geographic Area [Member] | California [Member] | Geographic Concentration Risk [Member]
Financing Receivable, Past Due [Line Items]
Concentration risk percentage	45.00%	46.00%

Bank Loans and Related Allowa_4

Bank Loans and Related Allowance for Credit Losses (Changes in Allowance for Credit Losses) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 18	$ 30
Charge-offs	0	0
Recoveries	0	0
Provision for credit losses	10	(12)
Balance at end of period	28	18
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	15	27
Charge-offs	0	0
Recoveries	0	0
Provision for credit losses	10	(12)
Balance at end of period	25	15
First Mortgage [Member] | Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	13	22
Charge-offs	0	0
Recoveries	0	0
Provision for credit losses	10	(10)
Balance at end of period	23	12
HELOCs [Member] | Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	2	5
Charge-offs	0	0
Recoveries	0	0
Provision for credit losses	0	(2)
Balance at end of period	2	3
Other [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	3	3
Charge-offs	0	0
Recoveries	0	0
Provision for credit losses	0	0
Balance at end of period	$ 3	$ 3

Bank Loans and Related Allowa_5

Bank Loans and Related Allowance for Credit Losses (Nonperforming Assets and Troubled Debt Restructuring) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total nonperforming assets	$ 37,235	$ 34,654
Troubled debt restructurings	0	0
Total nonperforming assets and troubled debt restructurings	30	36
Nonperforming Financial Instruments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total nonperforming assets	30	36
Nonperforming Financial Instruments [Member] | Nonaccrual Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	30	35
Nonperforming Financial Instruments [Member] | Other Real Estate Owned [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total nonperforming assets	$ 0	$ 1

Bank Loans and Related Allowa_6

Bank Loans and Related Allowance for Credit Losses (Credit Quality Indicators of Bank Loan Portfolio) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 37,235	$ 34,654
First Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2,380
2021	12,944	12,990
2020	4,648	5,004
2019	1,054	1,200
2018	178	207
pre-2018	1,487	1,689
Total loans	$ 22,691	$ 21,090
Percent of Loans on Nonaccrual Status
2022	0.02%
2021	0.02%	0.03%
2020	0.10%	0.10%
2019	0.01%	0.03%
2018	0.02%	0.03%
pre-2018	1.03%	1.03%
Total loans	0.10%	0.12%
First Mortgage [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	$ 2,380
2021	12,944	$ 12,990
2020	4,648	5,004
2019	1,054	1,200
2018	178	207
pre-2018	1,487	1,689
Total loans	22,691	21,090
First Mortgage [Member] | Origination Loan to Value Ratio 70% and Below [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	1,939
2021	11,193	11,234
2020	3,860	4,159
2019	847	948
2018	140	160
pre-2018	1,110	1,260
Total loans	19,089	17,761
First Mortgage [Member] | Origination Loan to Value Ratio Greater Than 70% Through 90% [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	441
2021	1,751	1,756
2020	788	845
2019	207	252
2018	38	47
pre-2018	374	426
Total loans	3,599	3,326
First Mortgage [Member] | Origination Loan to Value Ratio Greater Than 90% Through 100% [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
pre-2018	3	3
Total loans	3	3
First Mortgage [Member] | Estimated Current Loan To Value Ratio 70% and Below [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	1,953
2021	12,107	11,707
2020	4,624	4,961
2019	1,050	1,196
2018	178	206
pre-2018	1,483	1,684
Total loans	21,395	19,754
First Mortgage [Member] | Estimated Current Loan To Value Ratio Greater Than 70% Through 90% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	427
2021	837	1,283
2020	24	43
2019	4	4
2018	0	1
pre-2018	4	5
Total loans	1,296	1,336
First Mortgage [Member] | Estimated Current LTV Greater Than 90% Through 100% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
pre-2018	0	0
Total loans	0	0
First Mortgage [Member] | Estimated Current LTV Greater Than 100% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
pre-2018	0	0
Total loans	0	0
First Mortgage [Member] | Origination FICO Score Below 620 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	1	1
2020	1	1
2019	0	0
2018	0	0
pre-2018	1	1
Total loans	3	3
First Mortgage [Member] | Origination FICO Score 620 Through 679 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	13
2021	32	34
2020	23	25
2019	3	5
2018	1	1
pre-2018	21	25
Total loans	93	90
First Mortgage [Member] | Origination FICO Score 680 Through 739 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	303
2021	1,297	1,306
2020	466	524
2019	132	146
2018	37	41
pre-2018	266	313
Total loans	2,501	2,330
First Mortgage [Member] | Origination FICO Score 740 and Above [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2,064
2021	11,614	11,649
2020	4,158	4,454
2019	919	1,049
2018	140	165
pre-2018	1,199	1,350
Total loans	20,094	18,667
First Mortgage [Member] | Updated FICO Score Below 620 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	11	5
2020	11	2
2019	1	1
2018	1	0
pre-2018	13	14
Total loans	37	22
First Mortgage [Member] | Updated FICO Score 620 Through 679 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	27
2021	114	96
2020	46	69
2019	10	19
2018	8	7
pre-2018	49	38
Total loans	254	229
First Mortgage [Member] | Updated FICO Score 680 Through 739 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	302
2021	1,118	1,265
2020	373	421
2019	110	115
2018	23	24
pre-2018	166	202
Total loans	2,092	2,027
First Mortgage [Member] | Updated FICO Score 740 and Above [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2,051
2021	11,701	11,624
2020	4,218	4,512
2019	933	1,065
2018	146	176
pre-2018	1,259	1,435
Total loans	20,308	18,812
HELOCs [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	356	369
HELOCs converted to term loans	260	279
Total loans	$ 616	$ 648
Percent of Loans on Nonaccrual Status
Revolving HELOCs amortized cost basis	0.51%	0.64%
HELOCs converted to term loans	1.89%	2.33%
Total loans	1.14%	1.39%
HELOCs [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	$ 356	$ 369
HELOCs converted to term loans	260	279
Total loans	616	648
HELOCs [Member] | Origination Loan to Value Ratio 70% and Below [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	298	305
HELOCs converted to term loans	185	199
Total loans	483	504
HELOCs [Member] | Origination Loan to Value Ratio Greater Than 70% Through 90% [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	58	64
HELOCs converted to term loans	73	78
Total loans	131	142
HELOCs [Member] | Origination Loan to Value Ratio Greater Than 90% Through 100% [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	0
HELOCs converted to term loans	2	2
Total loans	2	2
HELOCs [Member] | Estimated Current Loan To Value Ratio 70% and Below [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	356	368
HELOCs converted to term loans	258	277
Total loans	614	645
HELOCs [Member] | Estimated Current Loan To Value Ratio Greater Than 70% Through 90% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	1
HELOCs converted to term loans	1	2
Total loans	1	3
HELOCs [Member] | Estimated Current LTV Greater Than 90% Through 100% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	0
HELOCs converted to term loans	1	0
Total loans	1	0
HELOCs [Member] | Estimated Current LTV Greater Than 100% [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	0
HELOCs converted to term loans	0	0
Total loans	0	0
HELOCs [Member] | Origination FICO Score Below 620 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	0
HELOCs converted to term loans	0	0
Total loans	0	0
HELOCs [Member] | Origination FICO Score 620 Through 679 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0	0
HELOCs converted to term loans	2	2
Total loans	2	2
HELOCs [Member] | Origination FICO Score 680 Through 739 [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	58	61
HELOCs converted to term loans	56	60
Total loans	114	121
HELOCs [Member] | Origination FICO Score 740 and Above [Member] | Financial Asset Originated [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	298	308
HELOCs converted to term loans	202	217
Total loans	500	525
HELOCs [Member] | Updated FICO Score Below 620 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	1	2
HELOCs converted to term loans	6	6
Total loans	7	8
HELOCs [Member] | Updated FICO Score 620 Through 679 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	8	6
HELOCs converted to term loans	13	14
Total loans	21	20
HELOCs [Member] | Updated FICO Score 680 Through 739 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	46	51
HELOCs converted to term loans	38	39
Total loans	84	90
HELOCs [Member] | Updated FICO Score 740 and Above [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	301	310
HELOCs converted to term loans	203	220
Total loans	$ 504	$ 530

Bank Loans and Related Allowa_7

Bank Loans and Related Allowance for Credit Losses (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest	$ 64	$ 57
Total bank loans	37,235	34,654
Adjustable Rate First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bank loans	$ 18,300
Percent of loans with interest-only payments	28.00%
Percent of interest only adjustable rate	90.00%
Adjustable Rate First Mortgage [Member] | Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed rate interest rate period	3 years
Interest-only reset period	3 years
Adjustable Rate First Mortgage [Member] | Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed rate interest rate period	10 years
HELOCs [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan term	30 years
Initial draw period	10 years
Converting to amortizing loans period	20 years
Total bank loans	$ 616	$ 648
Percent of loan balance outstanding, borrowers paid only minimum due	53.00%
Home Equity Secured By Second Liens [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total bank loans	$ 469

Bank Loans and Related Allowa_8

Bank Loans and Related Allowance for Credit Losses (Convert to Amortizing Loans) (Details) - HELOCs [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
HELOCs converted to amortizing loans	$ 2	$ 9
Converted to an amortizing loan by period end	260
Within 1 year	22
> 1 year – 3 years	60
> 3 years – 5 years	62
> 5 years	212
Total	$ 616

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Aggregate assets	$ 680,950	$ 667,270
Aggregate liabilities	632,852	611,009
Variable Interest Entity, Not Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Aggregate assets	1,095	1,076
Aggregate liabilities	516	530
Maximum exposure to loss	1,121	1,126
Variable Interest Entity, Not Primary Beneficiary [Member] | LIHTC Investments [Member]
Variable Interest Entity [Line Items]
Aggregate assets	914	915
Aggregate liabilities	516	530
Maximum exposure to loss	914	915
Variable Interest Entity, Not Primary Beneficiary [Member] | Other CRA Investments [Member]
Variable Interest Entity [Line Items]
Aggregate assets	181	161
Aggregate liabilities	0	0
Maximum exposure to loss	$ 207	$ 211

Bank Deposits (Details)

Bank Deposits (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Interest-bearing deposits:
Deposits swept from brokerage accounts	$ 434,008	$ 412,287
Checking	23,343	22,786
Savings and other	7,347	7,234
Total interest-bearing deposits	464,698	442,307
Non-interest-bearing deposits	1,129	1,471
Total bank deposits	$ 465,827	$ 443,778

Borrowings (Long-term Debt Incl

Borrowings (Long-term Debt Including Unamortized Debt Discounts and Premiums) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Finance lease liabilities	$ 91	$ 94
Unamortized premium — net	162	180
Debt issuance costs	(111)	(91)
Total long-term debt	21,873	18,914
Senior Notes [Member]
Debt Instrument [Line Items]
Senior notes	20,768	17,768
Senior Notes [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Senior notes	$ 963	963
Senior Notes [Member] | Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.225%
Senior notes	$ 256	256
Senior Notes [Member] | Senior Notes Due 2022 [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.95%
Senior notes	$ 750	750
Senior Notes [Member] | Senior Notes Due 2023 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.65%
Senior notes	$ 800	800
Senior Notes [Member] | Senior Notes Due February 2024 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.55%
Senior notes	$ 500	500
Senior Notes [Member] | Senior Notes Due March 2024 [Member]
Debt Instrument [Line Items]
Fixed interest rate	0.75%
Senior notes	$ 1,500	1,500
Senior Notes [Member] | Senior Notes Due April 2024 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.75%
Senior notes	$ 350	350
Senior Notes [Member] | Senior Notes Due April 2024 [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.75%
Senior notes	$ 50	50
Senior Notes [Member] | Senior Notes Due March 10, 2025 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.00%
Senior notes	$ 375	375
Senior Notes [Member] | Senior Notes Due March 2025 [Member]
Debt Instrument [Line Items]
Fixed interest rate	4.20%
Senior notes	$ 600	600
Senior Notes [Member] | Senior Notes Due April 2025 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.625%
Senior notes	$ 418	418
Senior Notes [Member] | Senior Notes Due April 2025 [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.625%
Senior notes	$ 82	82
Senior Notes [Member] | Senior Notes Due May 2025 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.85%
Senior notes	$ 750	750
Senior Notes [Member] | Senior Notes Due February 2026 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.45%
Senior notes	$ 350	350
Senior Notes [Member] | Senior Notes Due March 2026 [Member]
Debt Instrument [Line Items]
Fixed interest rate	0.90%
Senior notes	$ 1,250	1,250
Senior Notes [Member] | Senior Notes Due May 2026 [Member]
Debt Instrument [Line Items]
Fixed interest rate	1.15%
Senior notes	$ 1,000	1,000
Senior Notes [Member] | Senior Notes Due March 2, 2027 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.20%
Senior notes	$ 650	650
Senior Notes [Member] | Senior Notes Due March 3, 2027 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.45%
Senior notes	$ 1,500	0
Senior Notes [Member] | Senior Notes Due April, 2027 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.30%
Senior notes	$ 744	744
Senior Notes [Member] | Senior Notes Due April, 2027 [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.30%
Senior notes	$ 56	56
Senior Notes [Member] | Senior Notes Due January 2028 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.20%
Senior notes	$ 700	700
Senior Notes [Member] | Senior Notes Due March 2028 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.00%
Senior notes	$ 1,250	1,250
Senior Notes [Member] | Senior Notes Due February 2029 [Member]
Debt Instrument [Line Items]
Fixed interest rate	4.00%
Senior notes	$ 600	600
Senior Notes [Member] | Senior Notes Due May 2029 [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.25%
Senior notes	$ 600	600
Senior Notes [Member] | Senior Notes Due October 2029 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.75%
Senior notes	$ 475	475
Senior Notes [Member] | Senior Notes Due October 2029 [Member] | TD Ameritrade Holding [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.75%
Senior notes	$ 25	25
Senior Notes [Member] | Senior Notes Due 2030 [Member]
Debt Instrument [Line Items]
Fixed interest rate	4.625%
Senior notes	$ 500	500
Senior Notes [Member] | Senior Notes Due March 2031 [Member]
Debt Instrument [Line Items]
Fixed interest rate	1.65%
Senior notes	$ 750	750
Senior Notes [Member] | Senior Notes Due May 2031 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.30%
Senior notes	$ 750	750
Senior Notes [Member] | Senior Notes Due December 2031 [Member]
Debt Instrument [Line Items]
Fixed interest rate	1.95%
Senior notes	$ 850	850
Senior Notes [Member] | Senior Notes Due 2032 [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.90%
Senior notes	$ 1,000	0
Senior Notes [Member] | Floating Rate Senior Notes Due 2024 [Member]
Debt Instrument [Line Items]
Senior notes	$ 1,250	1,250
Senior Notes [Member] | Floating Rate Senior Notes Due 2024 [Member] | SOFR [Member]
Debt Instrument [Line Items]
Basis spread rate	0.50%
Senior Notes [Member] | Floating Rate Senior Notes Due 2026 [Member]
Debt Instrument [Line Items]
Senior notes	$ 500	500
Senior Notes [Member] | Floating Rate Senior Notes Due 2026 [Member] | SOFR [Member]
Debt Instrument [Line Items]
Basis spread rate	0.52%
Senior Notes [Member] | Floating Rate Senior Notes Due 2027 [Member]
Debt Instrument [Line Items]
Senior notes	$ 500	$ 0
Senior Notes [Member] | Floating Rate Senior Notes Due 2027 [Member] | SOFR [Member]
Debt Instrument [Line Items]
Basis spread rate	1.05%

Borrowings (Annual Maturities o

Borrowings (Annual Maturities on Long-term Debt Outstanding) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
2022	$ 1,028
2023	832
2024	3,675
2025	2,237
2026	3,100
Thereafter	10,950
Total maturities	21,822
Unamortized premium— net	162	$ 180
Debt issuance costs	(111)	(91)
Total long-term debt	$ 21,873	$ 18,914

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details)	3 Months Ended
	Mar. 31, 2022USD ($)loanFacility	Dec. 31, 2021USD ($)
Line of Credit Facility [Line Items]
Capacity of allowable commercial paper note issuance	$ 5,000,000,000
Commercial paper	2,400,000,000	$ 3,000,000,000
TDAC [Member]
Line of Credit Facility [Line Items]
Borrowings outstanding	1,900,000,000	1,900,000,000
Line of Credit
Line of Credit Facility [Line Items]
Total borrowing capacity	1,500,000,000
Amounts outstanding	0	0
Unsecured Debt [Member] | TDAC [Member]
Line of Credit Facility [Line Items]
Total borrowing capacity	600,000,000
Amounts outstanding	$ 0	0
Number of credit facilities | loanFacility	1
Commercial paper [Member]
Line of Credit Facility [Line Items]
Maturity term	270 days
Federal Home Loan Bank Advances [Member]
Line of Credit Facility [Line Items]
Total borrowing capacity	$ 10,300,000,000	12,000,000,000
Amounts outstanding	0	0
Federal Home Loan Bank Advances [Member] | Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Amounts outstanding	0	0
Line of credit facility, current borrowing capacity	68,200,000,000	63,500,000,000
Repurchase Agreements
Line of Credit Facility [Line Items]
Amounts outstanding	$ 0	$ 0

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Jul. 01, 2021	Oct. 06, 2020
Loss Contingencies [Line Items]
Aggregate face amount of letter of credit agreements	$ 15,000,000
Reduction in deposit balance over 12 month period				$ 10,000,000,000
Floor amount					$ 50,000,000,000
Percentage of fixed rate investments					80.00%
Additions (reductions) in depots balance	12,700,000,000
SEC investigation liability and non-deductible charge			$ 200,000,000
Performance Guarantee [Member]
Loss Contingencies [Line Items]
Liability for guarantees	0
Ending IDA balance	143,500,000,000		$ 147,200,000,000
Margin Requirements [Member]
Loss Contingencies [Line Items]
Funds drawn under LOC's	0
First Mortgage [Member]
Loss Contingencies [Line Items]
Purchased during period	2,700,000,000	$ 2,800,000,000
HELOCs [Member]
Loss Contingencies [Line Items]
Purchased during period	$ 90,000,000	$ 99,000,000

Commitments and Contingencies_3

Commitments and Contingencies (Commitments to Extend/Purchase) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commitments to purchase	$ 7,475	$ 8,017
Home Equity Loans and Lines of Credit Pledged Asset Lines and Other Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit	5,898	6,193
First Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commitments to purchase	$ 1,577	$ 1,824

Exit and Other Related Liabil_3

Exit and Other Related Liabilities (Narrative) (Details) - USD ($) $ in Millions	Oct. 06, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Acquisition-related exit costs incurred			$ 43	$ 306
Acquisition-related Costs
Restructuring Cost and Reserve [Line Items]
Acquisition-related exit costs incurred		$ 12	$ 43
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Client conversion period	30 months
Expected integration exit and other related costs		$ 650		650
Expected period of remaining costs to be incurred		18 months
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Client conversion period	36 months
Expected integration exit and other related costs		$ 1,000		$ 1,000
Expected period of remaining costs to be incurred		30 months

Exit and Other Related Liabil_4

Exit and Other Related Liabilities (Activity in Exit Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Restructuring Reserve [Roll Forward]
Balance at beginning of period	$ 35	$ 110
Amounts recognized in expense	10	28
Costs paid or otherwise settled	(5)	(67)
Balance at end of period	40	71
Investor Services [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	28	86
Amounts recognized in expense	8	22
Costs paid or otherwise settled	(4)	(52)
Balance at end of period	32	56
Advisor Services [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	7	24
Amounts recognized in expense	2	6
Costs paid or otherwise settled	(1)	(15)
Balance at end of period	$ 8	$ 15

Exit and Other Related Liabil_5

Exit and Other Related Liabilities (Cumulative Acquisition-Related Exit Costs) (Details) - USD ($) $ in Millions	3 Months Ended		18 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		$ 43	$ 306
Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	$ 10	28	269
Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	2	13	31
Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			3
Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	1
Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	2
Investor Services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	9	34	242
Investor Services [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	8	22	212
Investor Services [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	1	10	25
Investor Services [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			2
Investor Services [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	1
Investor Services [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	2
Investor Services [Member] | Employee Compensation and Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	8	22	212
Investor Services [Member] | Employee Compensation and Benefits [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	8	22	212
Investor Services [Member] | Employee Compensation and Benefits [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	0	0	0
Investor Services [Member] | Employee Compensation and Benefits [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			0
Investor Services [Member] | Employee Compensation and Benefits [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Investor Services [Member] | Employee Compensation and Benefits [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Investor Services [Member] | Facility Exit Costs [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	1	12	30
Investor Services [Member] | Facility Exit Costs [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	0	0	0
Investor Services [Member] | Facility Exit Costs [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	1	10	25
Investor Services [Member] | Facility Exit Costs [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			2
Investor Services [Member] | Facility Exit Costs [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	1
Investor Services [Member] | Facility Exit Costs [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		1	2
Advisor Services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	3	9	64
Advisor Services [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	2	6	57
Advisor Services [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	1	3	6
Advisor Services [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			1
Advisor Services [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Advisor Services [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Advisor Services [Member] | Employee Compensation and Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	2	6	57
Advisor Services [Member] | Employee Compensation and Benefits [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	2	6	57
Advisor Services [Member] | Employee Compensation and Benefits [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	0	0	0
Advisor Services [Member] | Employee Compensation and Benefits [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			0
Advisor Services [Member] | Employee Compensation and Benefits [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Advisor Services [Member] | Employee Compensation and Benefits [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Advisor Services [Member] | Facility Exit Costs [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	1	3	7
Advisor Services [Member] | Facility Exit Costs [Member] | Compensation and benefits [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	0	0	0
Advisor Services [Member] | Facility Exit Costs [Member] | Occupancy and equipment [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period	$ 1	3	6
Advisor Services [Member] | Facility Exit Costs [Member] | Depreciation and amortization [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period			1
Advisor Services [Member] | Facility Exit Costs [Member] | Professional services [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		0	0
Advisor Services [Member] | Facility Exit Costs [Member] | Other [Member]
Restructuring Cost and Reserve [Line Items]
Exit and other related costs incurred in period		$ 0	$ 0

Financial Instruments Subject_3

Financial Instruments Subject to Off-Balance Sheet Credit Risk (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Securities Financing Transaction, Fair Value [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value of borrowed securities from other broker-dealers to fulfill short sales by clients	$ 549	$ 566

Financial Instruments Subject_4

Financial Instruments Subject to Off-Balance Sheet Credit Risk (Offsetting Assets and Liabilities) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Resale agreements
Gross Assets	$ 14,011	$ 13,096
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	14,011	13,096
Counterparty Offsetting	0	0
Collateral	(14,011)	(13,096)
Net Amount	0	0
Securities borrowed
Gross Assets	570	582
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	570	582
Counterparty Offsetting	(361)	(383)
Collateral	(202)	(195)
Net Amount	7	4
Total Gross Assets	14,581	13,678
Total Assets, Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Total Assets, Net Amounts Presented in the Condensed Consolidated Balance Sheets	14,581	13,678
Total Assets, Gross Amounts Not Offset in the Consolidated Balance Sheet, Counterparty Offsetting	(361)	(383)
Total Assets, Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral	(14,213)	(13,291)
Total Assets, Net Amount	7	4
Securities loaned
Gross Liabilities	7,221	7,158
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	7,221	7,158
Counterparty Offsetting	(361)	(383)
Collateral	(6,040)	(6,015)
Net Amount	820	760
Secured short-term borrowings
Gross Liabilities	1,850	1,850
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	1,850	1,850
Counterparty Offsetting	0	0
Collateral	(1,850)	(1,850)
Net Amount	0	0
Total Gross Liabilities	9,071	9,008
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Total Liabilities, Net Amounts Presented in the Consolidated Balance Sheet	9,071	9,008
Total Liabilities, Gross Amounts Not Offset in the Consolidated Balance Sheet, Counterparty Offsetting	(361)	(383)
Total Liabilities, Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral	(7,890)	(7,865)
Total Liabilities, Net Amount	820	760
Fair value of client securities available to be pledged	111,343	120,306
Resale And Repurchase Agreements [Member]
Secured short-term borrowings
Fair value of client securities available to be pledged	$ 14,400	$ 13,400

Financial Instruments Subject_5

Financial Instruments Subject to Off-Balance Sheet Credit Risk (Summary of the Fair Value of Client Securities Available to Utilize as Collateral and Amounts Pledged) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Securities Financing Transaction [Line Items]
Fair value of client securities available to be pledged	$ 111,343	$ 120,306
Total collateral pledged to third parties	31,159	31,422
Fulfillment of Requirements with the Options Clearing Corporation [Member]
Securities Financing Transaction [Line Items]
Total collateral pledged to third parties	16,442	16,829
Fulfillment of Client Short Sales [Member]
Securities Financing Transaction [Line Items]
Total collateral pledged to third parties	6,320	5,934
Securities Lending to Other Broker-Dealers [Member]
Securities Financing Transaction [Line Items]
Total collateral pledged to third parties	6,144	6,269
Collateral For Short-Term Borrowings [Member]
Securities Financing Transaction [Line Items]
Total collateral pledged to third parties	2,253	2,390
Fully Paid Client Securities [Member]
Securities Financing Transaction [Line Items]
Total collateral pledged to third parties	$ 242	$ 118

Fair Values of Assets and Lia_3

Fair Values of Assets and Liabilities (Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 272,049	$ 390,054
Commercial paper [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	200	200
Certificates of deposit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,296	999
U.S. agency mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	201,534	334,355
U.S. Treasury securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	31,833	21,282
Asset-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	18,423	17,546
Corporate debt securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	14,608	12,344
U.S. state and municipal securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,576	1,687
Non-agency commercial mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,161	1,190
Foreign government agency securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,096	425
Other [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	322	26
Fair Value, Recurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	19,699	11,719
Investments segregated and on deposit for regulatory purposes:	36,056	36,699
Fair Value	272,049	390,054
Other assets:	1,538	1,584
Total assets	329,342	440,056
Accrued expenses and other liabilities	1,379	1,399
Total liabilities	1,379	1,399
Fair Value, Recurring [Member] | Money market funds [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	15,112	11,719
Fair Value, Recurring [Member] | Commercial paper [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	4,587
Fair Value	200	200
Fair Value, Recurring [Member] | Certificates of deposit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	349	350
Fair Value	1,296	999
Fair Value, Recurring [Member] | U.S. Government securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	35,707	36,349
Other assets:	4	3
Fair Value, Recurring [Member] | U.S. agency mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	201,534	334,355
Fair Value, Recurring [Member] | U.S. Treasury securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	31,833	21,282
Fair Value, Recurring [Member] | Asset-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	18,423	17,546
Fair Value, Recurring [Member] | Corporate debt securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	14,608	12,344
Fair Value, Recurring [Member] | U.S. state and municipal securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,576	1,687
Fair Value, Recurring [Member] | Non-agency commercial mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,161	1,190
Fair Value, Recurring [Member] | Foreign government agency securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,096	425
Fair Value, Recurring [Member] | Other [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	322	26
Fair Value, Recurring [Member] | Equity, corporate debt, and other securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	924	913
Fair Value, Recurring [Member] | Mutual Funds And Exchange Traded Funds (ETFs) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	603	636
Fair Value, Recurring [Member] | State and municipal debt obligations [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	7	32
Fair Value, Recurring [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	15,112	11,719
Investments segregated and on deposit for regulatory purposes:	0	0
Fair Value	0	0
Other assets:	1,468	1,490
Total assets	16,580	13,209
Accrued expenses and other liabilities	1,331	1,354
Total liabilities	1,331	1,354
Fair Value, Recurring [Member] | Level 1 [Member] | Money market funds [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	15,112	11,719
Fair Value, Recurring [Member] | Level 1 [Member] | Commercial paper [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Certificates of deposit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	0	0
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | U.S. Government securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	0	0
Other assets:	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | U.S. agency mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | U.S. Treasury securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Asset-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Corporate debt securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | U.S. state and municipal securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Non-agency commercial mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Foreign government agency securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Other [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 1 [Member] | Equity, corporate debt, and other securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	865	854
Fair Value, Recurring [Member] | Level 1 [Member] | Mutual Funds And Exchange Traded Funds (ETFs) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	603	636
Fair Value, Recurring [Member] | Level 1 [Member] | State and municipal debt obligations [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring [Member] | Level 2 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	4,587	0
Investments segregated and on deposit for regulatory purposes:	36,056	36,699
Fair Value	272,049	390,054
Other assets:	70	94
Total assets	312,762	426,847
Accrued expenses and other liabilities	48	45
Total liabilities	48	45
Fair Value, Recurring [Member] | Level 2 [Member] | Money market funds [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Fair Value, Recurring [Member] | Level 2 [Member] | Commercial paper [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	4,587
Fair Value	200	200
Fair Value, Recurring [Member] | Level 2 [Member] | Certificates of deposit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	349	350
Fair Value	1,296	999
Fair Value, Recurring [Member] | Level 2 [Member] | U.S. Government securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	35,707	36,349
Other assets:	4	3
Fair Value, Recurring [Member] | Level 2 [Member] | U.S. agency mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	201,534	334,355
Fair Value, Recurring [Member] | Level 2 [Member] | U.S. Treasury securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	31,833	21,282
Fair Value, Recurring [Member] | Level 2 [Member] | Asset-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	18,423	17,546
Fair Value, Recurring [Member] | Level 2 [Member] | Corporate debt securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	14,608	12,344
Fair Value, Recurring [Member] | Level 2 [Member] | U.S. state and municipal securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,576	1,687
Fair Value, Recurring [Member] | Level 2 [Member] | Non-agency commercial mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,161	1,190
Fair Value, Recurring [Member] | Level 2 [Member] | Foreign government agency securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,096	425
Fair Value, Recurring [Member] | Level 2 [Member] | Other [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	322	26
Fair Value, Recurring [Member] | Level 2 [Member] | Equity, corporate debt, and other securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	59	59
Fair Value, Recurring [Member] | Level 2 [Member] | Mutual Funds And Exchange Traded Funds (ETFs) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring [Member] | Level 2 [Member] | State and municipal debt obligations [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	7	32
Fair Value, Recurring [Member] | Level 3 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Investments segregated and on deposit for regulatory purposes:	0	0
Fair Value	0	0
Other assets:	0	0
Total assets	0	0
Accrued expenses and other liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Money market funds [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Commercial paper [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Certificates of deposit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	0	0
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | U.S. Government securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	0	0
Other assets:	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | U.S. agency mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | U.S. Treasury securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Asset-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Corporate debt securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | U.S. state and municipal securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Non-agency commercial mortgage-backed securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Foreign government agency securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Other [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Equity, corporate debt, and other securities [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | Mutual Funds And Exchange Traded Funds (ETFs) [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring [Member] | Level 3 [Member] | State and municipal debt obligations [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	$ 0	$ 0

Fair Values of Assets and Lia_4

Fair Values of Assets and Liabilities (Fair Value of Other Financial Instruments) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets
Held to maturity securities:	$ 105,286	$ 0
Carrying Amount [Member]
Assets
Cash and cash equivalents	71,427	51,256
Cash and investments segregated and on deposit for regulatory purposes	18,385	17,246
Receivables from brokerage clients — net	84,065	90,560
Held to maturity securities:	105,286
Bank loans – net	37,207	34,636
Other assets:	3,828	3,561
Liabilities
Bank deposits	465,827	443,778
Payables to brokerage clients	125,307	125,671
Accrued expenses and other liabilities	8,492	8,327
Short-term borrowings	4,234	4,855
Long-term debt	21,782	18,820
Carrying Amount [Member] | First Mortgage [Member]
Assets
Bank loans – net	22,668	21,077
Carrying Amount [Member] | HELOCs [Member]
Assets
Bank loans – net	614	646
Carrying Amount [Member] | Pledged asset lines [Member]
Assets
Bank loans – net	13,716	12,709
Carrying Amount [Member] | Other [Member]
Assets
Bank loans – net	209	204
Carrying Amount [Member] | U.S. agency mortgage-backed securities [Member]
Assets
Held to maturity securities:	105,286
Portion at Other than Fair Value Measurement [Member]
Assets
Cash and cash equivalents	71,427	51,256
Cash and investments segregated and on deposit for regulatory purposes	18,385	17,246
Receivables from brokerage clients — net	84,065	90,560
Held to maturity securities:	99,149
Bank loans – net	35,983	34,608
Other assets:	3,828	3,561
Liabilities
Bank deposits	465,827	443,778
Payables to brokerage clients	125,307	125,671
Accrued expenses and other liabilities	8,492	8,327
Short-term borrowings	4,234	4,855
Long-term debt	21,257	19,383
Portion at Other than Fair Value Measurement [Member] | First Mortgage [Member]
Assets
Bank loans – net	21,421	21,027
Portion at Other than Fair Value Measurement [Member] | HELOCs [Member]
Assets
Bank loans – net	637	668
Portion at Other than Fair Value Measurement [Member] | Pledged asset lines [Member]
Assets
Bank loans – net	13,716	12,709
Portion at Other than Fair Value Measurement [Member] | Other [Member]
Assets
Bank loans – net	209	204
Portion at Other than Fair Value Measurement [Member] | U.S. agency mortgage-backed securities [Member]
Assets
Held to maturity securities:	99,149
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member]
Assets
Cash and cash equivalents	71,427	51,256
Cash and investments segregated and on deposit for regulatory purposes	4,376	4,151
Receivables from brokerage clients — net	0	0
Held to maturity securities:	0
Bank loans – net	0	0
Other assets:	0	0
Liabilities
Bank deposits	0	0
Payables to brokerage clients	0	0
Accrued expenses and other liabilities	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member] | First Mortgage [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member] | HELOCs [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member] | Pledged asset lines [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member] | Other [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 1 [Member] | U.S. agency mortgage-backed securities [Member]
Assets
Held to maturity securities:	0
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member]
Assets
Cash and cash equivalents	0	0
Cash and investments segregated and on deposit for regulatory purposes	14,009	13,095
Receivables from brokerage clients — net	84,065	90,560
Held to maturity securities:	99,149
Bank loans – net	35,983	34,608
Other assets:	3,828	3,561
Liabilities
Bank deposits	465,827	443,778
Payables to brokerage clients	125,307	125,671
Accrued expenses and other liabilities	8,492	8,327
Short-term borrowings	4,234	4,855
Long-term debt	21,257	19,383
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member] | First Mortgage [Member]
Assets
Bank loans – net	21,421	21,027
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member] | HELOCs [Member]
Assets
Bank loans – net	637	668
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member] | Pledged asset lines [Member]
Assets
Bank loans – net	13,716	12,709
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member] | Other [Member]
Assets
Bank loans – net	209	204
Portion at Other than Fair Value Measurement [Member] | Level 2 [Member] | U.S. agency mortgage-backed securities [Member]
Assets
Held to maturity securities:	99,149
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member]
Assets
Cash and cash equivalents	0	0
Cash and investments segregated and on deposit for regulatory purposes	0	0
Receivables from brokerage clients — net	0	0
Held to maturity securities:	0
Bank loans – net	0	0
Other assets:	0	0
Liabilities
Bank deposits	0	0
Payables to brokerage clients	0	0
Accrued expenses and other liabilities	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member] | First Mortgage [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member] | HELOCs [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member] | Pledged asset lines [Member]
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member] | Other [Member]
Assets
Bank loans – net	0	$ 0
Portion at Other than Fair Value Measurement [Member] | Level 3 [Member] | U.S. agency mortgage-backed securities [Member]
Assets
Held to maturity securities:	$ 0

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 04, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Jan. 30, 2019
Class of Stock [Line Items]
Preferred stock, par value (in USD per share)		$ 0.01		$ 0.01
Depositary Shares [Member]
Class of Stock [Line Items]
Number of shares issued (in shares)	750,000
Liquidation preference per share (in USD per share)	$ 1,000
Ownership interest in shares	1.00%
Series K Preferred Stock [Member]
Class of Stock [Line Items]
Fixed rate	5.00%	5.00%
Preferred stock, par value (in USD per share)	$ 0.01
Liquidation preference per share (in USD per share)	$ 100,000	$ 100,000
Proceeds from offering	$ 740
Common Stock [Member]
Class of Stock [Line Items]
Share repurchase, authorized amount					$ 4,000
Shares repurchased (in shares)		0	0
Remaining amount authorized for share repurchase		$ 1,800

Stockholders' Equity (Preferred

Stockholders' Equity (Preferred Stock Issued and Outstanding) (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 04, 2022	Mar. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Shares issued (in shares)		1,841,000	1,833,500
Shares outstanding (in shares)		1,841,000	1,833,500
Carrying value		$ 10,694	$ 9,954
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		750,000	750,000
Shares outstanding (in shares)		750,000	750,000
Liquidation preference per share (in USD per share)		$ 1,000
Carrying value		$ 728	$ 728
Dividend rate in effect		5.95%
Series J Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		600,000	600,000
Shares outstanding (in shares)		600,000	600,000
Liquidation preference per share (in USD per share)		$ 1,000
Carrying value		$ 584	$ 584
Dividend rate in effect		4.45%
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		400,000	400,000
Shares outstanding (in shares)		400,000	400,000
Liquidation preference per share (in USD per share)		$ 1,000
Carrying value		$ 397	$ 397
Dividend rate in effect		5.137%
Series A Preferred Stock [Member] | LIBOR [Member]
Class of Stock [Line Items]
Floating annual rate		4.82%
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		6,000	6,000
Shares outstanding (in shares)		6,000	6,000
Liquidation preference per share (in USD per share)		$ 100,000
Carrying value		$ 591	$ 591
Dividend rate in effect		3.838%
Series E Preferred Stock [Member] | LIBOR [Member]
Class of Stock [Line Items]
Floating annual rate		3.315%
Series F Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		5,000	5,000
Shares outstanding (in shares)		5,000	5,000
Liquidation preference per share (in USD per share)		$ 100,000
Carrying value		$ 492	$ 492
Dividend rate in effect		5.00%
Series F Preferred Stock [Member] | LIBOR [Member]
Class of Stock [Line Items]
Floating annual rate		2.575%
Series G Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		25,000	25,000
Shares outstanding (in shares)		25,000	25,000
Liquidation preference per share (in USD per share)		$ 100,000
Carrying value		$ 2,470	$ 2,470
Dividend rate in effect		5.375%
Dividend term		5 years
Series G Preferred Stock [Member] | Treasury Rate [Member]
Class of Stock [Line Items]
Dividend term		5 years
Floating annual rate		4.971%
Series H Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		25,000	25,000
Shares outstanding (in shares)		25,000	25,000
Liquidation preference per share (in USD per share)		$ 100,000
Carrying value		$ 2,470	$ 2,470
Dividend rate in effect		4.00%
Dividend term		10 years
Series H Preferred Stock [Member] | Treasury Rate [Member]
Class of Stock [Line Items]
Dividend term		10 years
Floating annual rate		3.079%
Series I Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		22,500	22,500
Shares outstanding (in shares)		22,500	22,500
Liquidation preference per share (in USD per share)		$ 100,000
Carrying value		$ 2,222	$ 2,222
Dividend rate in effect		4.00%
Series I Preferred Stock [Member] | Treasury Rate [Member]
Class of Stock [Line Items]
Dividend term		5 years
Floating annual rate		3.168%
Series K Preferred Stock [Member]
Class of Stock [Line Items]
Shares issued (in shares)		7,500	0
Shares outstanding (in shares)		7,500	0
Liquidation preference per share (in USD per share)	$ 100,000	$ 100,000
Carrying value		$ 740	$ 0
Dividend rate in effect	5.00%	5.00%
Dividend term		5 years
Series K Preferred Stock [Member] | Treasury Rate [Member]
Class of Stock [Line Items]
Dividend term		5 years
Floating annual rate		3.256%
Maturity period		5 years

Stockholders' Equity (Dividends

Stockholders' Equity (Dividends Declared) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Class of Stock [Line Items]
Dividends declared	$ 117.9	$ 89.9
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 5	$ 0
Dividends declared, per share amount (in USD per share)	$ 12.70	$ 0
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 0	$ 9
Dividends declared, per share amount (in USD per share)	$ 0	$ 15
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 11.2	$ 11.2
Dividends declared, per share amount (in USD per share)	$ 14.88	$ 14.88
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 13.9	$ 13.9
Dividends declared, per share amount (in USD per share)	$ 2,312.5	$ 2,312.5
Series F Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 0	$ 0
Dividends declared, per share amount (in USD per share)	$ 0	$ 0
Series G Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 33.6	$ 33.6
Dividends declared, per share amount (in USD per share)	$ 1,343.75	$ 1,343.75
Series H Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 25	$ 22.2
Dividends declared, per share amount (in USD per share)	$ 1,000	$ 888.89
Series I Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 22.5	$ 0
Dividends declared, per share amount (in USD per share)	$ 1,000	$ 0
Series J Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 6.7	$ 0
Dividends declared, per share amount (in USD per share)	$ 11.13	$ 0
Series K Preferred Stock [Member]
Class of Stock [Line Items]
Dividends declared	$ 0	$ 0
Dividends declared, per share amount (in USD per share)	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Accumulated Other Comprehensive Income Balances) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 56,261	$ 56,060
Other net changes	(9,936)	(4,516)
Balance at end of period	48,098	55,594
Accumulated other comprehensive income, tax expense (benefit)	(3,119)	(1,411)
Accumulated Other Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(1,109)	5,394
Other net changes	(9,936)	(4,516)
Balance at end of period	(11,045)	878
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	(9,998)	(4,508)
Accumulated other comprehensive income, tax expense (benefit)	(3,137)	(1,409)
Net Unrealized Gain (Loss) On Securities Transferred To Held To Maturity From Available For Sale [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	1,850
Accumulated other comprehensive income, tax expense (benefit)	579
Other Reclassifications Included In Other Revenue [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	(9)	(8)
Accumulated other comprehensive income, tax expense (benefit)	(3)	$ (2)
AOCI, Accumulated Gain (Loss), Debt Securities, Held-To-Maturity, Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	(1,850)
Accumulated other comprehensive income, tax expense (benefit)	(579)
Amortization of Held To Maturity Securities Transferred From Available For Sale Attributable To Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	71
Accumulated other comprehensive income, tax expense (benefit)	$ 21

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 1,402	$ 1,484
Preferred stock dividends and other		(124)	(96)
Net Income Available to Common Stockholders		$ 1,278	$ 1,388
Weighted-average common shares outstanding - basic (in shares)		1,894	1,882
Basic earnings per share (in USD per share)	[1]	$ 0.67	$ 0.74
Weighted-average common shares outstanding - diluted (in shares)		1,905	1,892
Diluted earnings per share (in USD per share)	[1]	$ 0.67	$ 0.73
Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS (in shares)		14	15
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 1,344	$ 1,422
Preferred stock dividends and other		(119)	(92)
Net Income Available to Common Stockholders		$ 1,225	$ 1,330
Weighted-average common shares outstanding - basic (in shares)		1,815	1,803
Basic earnings per share (in USD per share)		$ 0.67	$ 0.74
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares		$ 53	$ 58
Allocation of net income available to common stockholders:		$ 1,278	$ 1,388
Conversion of nonvoting shares to voting shares (in shares)		79	79
Common stock equivalent shares related to stock incentive plans (in shares)		11	10
Weighted-average common shares outstanding - diluted (in shares)		1,905	1,892
Diluted earnings per share (in USD per share)		$ 0.67	$ 0.73
Nonvoting Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 58	$ 62
Preferred stock dividends and other		(5)	(4)
Net Income Available to Common Stockholders		$ 53	$ 58
Weighted-average common shares outstanding - basic (in shares)		79	79
Basic earnings per share (in USD per share)		$ 0.67	$ 0.74
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares		$ 0	$ 0
Allocation of net income available to common stockholders:		$ 53	$ 58
Conversion of nonvoting shares to voting shares (in shares)		0	0
Common stock equivalent shares related to stock incentive plans (in shares)		0	0
Weighted-average common shares outstanding - diluted (in shares)		79	79
Diluted earnings per share (in USD per share)		$ 0.67	$ 0.73
[1]	The Company had voting and nonvoting common stock outstanding. As the participation rights, including dividend and liquidation rights, are identical between the voting and nonvoting stock classes, basic and diluted earnings per share are the same for each class. See Note 15 for additional information.

Regulatory Requirements (Regula

Regulatory Requirements (Regulatory Capital and Ratios) (Details) $ in Millions	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
CSC [Member]
Common Equity Tier 1 Risk-Based Capital
Actual Amount	$ 29,119	$ 27,967
Actual Ratio	0.189	0.197
Minimum Capital Requirement Amount	$ 6,946	$ 6,389
Minimum Capital Requirement Ratio	0.045	0.045
Tier 1 Risk-Based Capital
Actual Amount	$ 39,813	$ 37,921
Actual Ratio	0.258	0.267
Minimum Capital Requirement Amount	$ 9,261	$ 8,518
Minimum Capital Requirement Ratio	0.060	0.060
Total Risk-Based Capital
Actual Amount	$ 39,850	$ 37,950
Actual Ratio	0.258	0.267
Minimum Capital Requirement Amount	$ 12,348	$ 11,358
Minimum Capital Requirement Ratio	0.080	0.080
Tier 1 Leverage
Actual Amount	$ 39,813	$ 37,921
Actual Ratio	0.061	0.062
Minimum Capital Requirement Amount	$ 25,937	$ 24,346
Minimum Capital Requirement Ratio	0.040	0.040
Supplementary Leverage Ratio
Actual Amount	$ 39,813	$ 37,921
Actual Ratio	0.061	0.062
Minimum Capital Requirement Amount	$ 19,613	$ 18,434
Minimum Capital Requirement Ratio	0.030	0.030
CSB [Member]
Common Equity Tier 1 Risk-Based Capital
Actual Amount	$ 30,672	$ 28,014
Actual Ratio	0.271	0.268
Minimum to be Well Capitalized Amount	$ 7,352	$ 6,787
Minimum to be Well Capitalized Ratio	0.065	0.065
Minimum Capital Requirement Amount	$ 5,090	$ 4,698
Minimum Capital Requirement Ratio	0.045	0.045
Tier 1 Risk-Based Capital
Actual Amount	$ 30,672	$ 28,014
Actual Ratio	0.271	0.268
Minimum to be Well Capitalized Amount	$ 9,049	$ 8,353
Minimum to be Well Capitalized Ratio	0.080	0.080
Minimum Capital Requirement Amount	$ 6,786	$ 6,265
Minimum Capital Requirement Ratio	0.060	0.060
Total Risk-Based Capital
Actual Amount	$ 30,701	$ 28,033
Actual Ratio	0.271	0.268
Minimum to be Well Capitalized Amount	$ 11,311	$ 10,441
Minimum to be Well Capitalized Ratio	0.100	0.100
Minimum Capital Requirement Amount	$ 9,049	$ 8,353
Minimum Capital Requirement Ratio	0.080	0.080
Tier 1 Leverage
Actual Amount	$ 30,672	$ 28,014
Actual Ratio	0.071	0.071
Minimum to be Well Capitalized Amount	$ 21,581	$ 19,790
Minimum to be Well Capitalized Ratio	0.050	0.050
Minimum Capital Requirement Amount	$ 17,265	$ 15,832
Minimum Capital Requirement Ratio	0.040	0.040
Supplementary Leverage Ratio
Actual Amount	$ 30,672	$ 28,014
Actual Ratio	0.070	0.070
Minimum Capital Requirement Amount	$ 13,076	$ 12,016
Minimum Capital Requirement Ratio	0.030	0.030

Regulatory Requirements (Narrat

Regulatory Requirements (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	$ 680,950	$ 667,270
Charles Schwab Premier Bank, SSB [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	40,700
Charles Schwab Trust Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	$ 15,600

Regulatory Requirements (Net Ca

Regulatory Requirements (Net Capital and Net Capital Requirements for CS&Co) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
CS&Co [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Net capital	$ 5,156,000	$ 5,231,000
Minimum dollar requirement	250	250
2% of aggregate debit balances	918,000	941,000
Net capital in excess of required net capital	4,238,000	4,290,000
TDAC [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Net capital	5,325,000	5,337,000
Minimum dollar requirement	1,500	1,500
2% of aggregate debit balances	903,000	1,007,000
Net capital in excess of required net capital	4,422,000	4,330,000
TD Ameritrade, Inc. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Net capital	679,000	711,000
Minimum dollar requirement	250	250
2% of aggregate debit balances	0	0
Net capital in excess of required net capital	$ 679,000	$ 711,000

Segment Information (Narrative)

Segment Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2022USD ($)segment	Mar. 31, 2021USD ($)segment
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2	2
Revenues	$ 4,672,000,000	$ 4,715,000,000
Intersegment, Nonoperating
Segment Reporting Information [Line Items]
Revenues	$ 0	$ 0

Segment Information (Financial

Segment Information (Financial Information for Reportable Segments) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Net Revenues
Net interest revenue		$ 2,183	$ 1,911
Other		164	221
Total net revenues		4,672	4,715
Expenses Excluding Interest		2,833	2,755
Income before taxes on income		1,839	1,960
Asset management and administration fees [Member]
Net Revenues
Revenues from contracts with customers	[1]	1,068	1,016
Trading revenue [Member]
Net Revenues
Revenues from contracts with customers		963	1,216
Bank deposit account fees [Member]
Net Revenues
Revenues from contracts with customers		294	351
Investor Services [Member]
Net Revenues
Net interest revenue		1,574	1,454
Other		127	178
Total net revenues		3,526	3,725
Expenses Excluding Interest		2,131	2,109
Income before taxes on income		1,395	1,616
Investor Services [Member] | Asset management and administration fees [Member]
Net Revenues
Revenues from contracts with customers		781	742
Investor Services [Member] | Trading revenue [Member]
Net Revenues
Revenues from contracts with customers		844	1,097
Investor Services [Member] | Bank deposit account fees [Member]
Net Revenues
Revenues from contracts with customers		200	254
Advisor Services [Member]
Net Revenues
Net interest revenue		609	457
Other		37	43
Total net revenues		1,146	990
Expenses Excluding Interest		702	646
Income before taxes on income		444	344
Advisor Services [Member] | Asset management and administration fees [Member]
Net Revenues
Revenues from contracts with customers		287	274
Advisor Services [Member] | Trading revenue [Member]
Net Revenues
Revenues from contracts with customers		119	119
Advisor Services [Member] | Bank deposit account fees [Member]
Net Revenues
Revenues from contracts with customers		$ 94	$ 97
[1]	Includes fee waivers of $54 million and $78 million for the three months ended March 31, 2022 and 2021, respectively.