The Charles Schwab Corporation (SCHW) 10-Q 8 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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	2024
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0000316709
Common Stock – $.01 par value per share
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)		1,779,662,088
Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D
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
Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% Non-Cumulative Preferred Stock, Series J
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
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		50,893,695

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Revenues
Interest revenue		$ 3,928	$ 4,028	$ 11,686	$ 12,148
Interest expense		(1,706)	(1,791)	(5,073)	(4,851)
Net interest revenue		2,222	2,237	6,613	7,297
Total net revenues		4,847	4,606	14,277	14,378
Expenses Excluding Interest
Compensation and benefits		1,522	1,770	4,510	4,906
Professional services		256	275	756	805
Occupancy and equipment		271	305	784	923
Advertising and market development		101	102	296	293
Communications		147	151	460	485
Depreciation and amortization		231	198	692	566
Amortization of acquired intangible assets		130	135	389	404
Regulatory fees and assessments		88	114	309	277
Other		259	173	694	535
Total expenses excluding interest		3,005	3,223	8,890	9,194
Income before taxes on income		1,842	1,383	5,387	5,184
Taxes on income		434	258	1,285	1,162
Net Income		1,408	1,125	4,102	4,022
Preferred stock dividends and other		109	108	341	299
Net Income Available to Common Stockholders		$ 1,299	$ 1,017	$ 3,761	$ 3,723
Weighted-Average Common Shares Outstanding:
Basic (in shares)		1,829	1,821	1,827	1,825
Diluted (in shares)		1,834	1,827	1,833	1,832
Earnings Per Common Shares Outstanding
Basic (in USD per share)	[1]	$ 0.71	$ 0.56	$ 2.06	$ 2.04
Diluted (in USD per share)	[1]	$ 0.71	$ 0.56	$ 2.05	$ 2.03
Asset management and administration fees
Net Revenues
Revenues from contracts with customers		$ 1,476	$ 1,224	$ 4,207	$ 3,515
Trading revenue
Net Revenues
Revenues from contracts with customers		797	768	2,391	2,463
Bank deposit account fees
Net Revenues
Revenues from contracts with customers		152	205	488	531
Other
Net Revenues
Revenues from contracts with customers		$ 200	$ 172	$ 578	$ 572
[1]The Company has 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 16 for additional information.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 1,408	$ 1,125	$ 4,102	$ 4,022
Change in net unrealized gain (loss) on available for sale securities:
Net unrealized gain (loss)	2,434	(720)	2,807	446
Other reclassifications included in other revenue	10	24	30	44
Change in net unrealized gain (loss) on held to maturity securities:
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale	576	645	1,723	1,896
Other	11	0	1	(9)
Other comprehensive income (loss), before tax	3,031	(51)	4,561	2,377
Income tax effect	(713)	29	(1,048)	(508)
Other comprehensive income (loss), net of tax	2,318	(22)	3,513	1,869
Comprehensive Income (Loss)	$ 3,726	$ 1,103	$ 7,615	$ 5,891

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024		Dec. 31, 2023
Assets
Cash and cash equivalents	$ 34,850	[1]	$ 43,337
Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $13,591 and $8,844 at September 30, 2024 and December 31, 2023, respectively)	33,671		31,836
Receivables from brokerage clients — net	74,016		68,667
Available for sale securities (amortized cost of $95,871 at September 30, 2024 and $116,336 at December 31, 2023; including assets pledged of $188 and $1,733, respectively)	90,018		107,646
Held to maturity securities (including assets pledged of $8,340 at September 30, 2024 and $3,703 at December 31, 2023)	149,862		159,452
Bank loans — net	43,311		40,439
Equipment, office facilities, and property — net	3,340		3,690
Goodwill	11,951		11,951
Acquired intangible assets — net	7,873		8,260
Other assets	17,163		17,900
Total assets	466,055		493,178
Liabilities and Stockholders’ Equity
Bank deposits	246,462		289,953
Payables to brokerage clients	89,164		84,786
Accrued expenses and other liabilities	27,579		18,400
Other short-term borrowings	10,593		6,553
Federal Home Loan Bank borrowings	22,600		26,400
Long-term debt	22,442		26,128
Total liabilities	418,840		452,220
Stockholders’ equity:
Preferred stock — $.01 par value per share; aggregate liquidation preference of $9,329 at September 30, 2024 and December 31, 2023	9,191		9,191
Additional paid-in capital	27,548		27,330
Retained earnings	36,303		33,901
Treasury stock, at cost — 244,640,081 and 250,678,452 shares at September 30, 2024 and December 31, 2023, respectively	(11,230)		(11,354)
Accumulated other comprehensive income (loss)	(14,618)		(18,131)
Total stockholders’ equity	47,215		40,958
Total liabilities and stockholders’ equity	466,055		493,178
Common Stock
Stockholders’ equity:
Common stock	20		20
Nonvoting Common Stock
Stockholders’ equity:
Common stock	$ 1		$ 1
[1]For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 17.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Cash and investments segregated and on deposit for regulatory purposes, resale agreements	$ 13,591	$ 8,844
Amortized cost of available for sale securities	95,871	116,336
Available for sale securities, assets pledged	90,018	107,646
Held to maturity securities, assets pledged	$ 149,862	$ 159,452
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, aggregate liquidation preference	$ 9,329	$ 9,329
Treasury stock (in shares)	244,640,081	250,678,452
Common Stock
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)	2,023,295,180	2,023,295,180
Nonvoting Common Stock
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)	50,893,695	50,893,695
Asset Pledged as Collateral
Available for sale securities, assets pledged	$ 188	$ 1,733
Held to maturity securities, assets pledged	$ 8,340	$ 3,703

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Nonvoting Common Stock	Preferred Stock	Common Stock	Common Stock Common Stock	Common Stock Nonvoting Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock, at cost	Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2022	$ 36,608			$ 9,706		$ 20	$ 1	$ 27,075	$ 31,066	$ (8,639)	$ (22,621)
Beginning balance (in shares) at Dec. 31, 2022						2,023	51
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,022	$ 3,910	$ 112						4,022
Other comprehensive income (loss), net of tax	1,869										1,869
Redemption and repurchase of preferred stock, inclusive of tax	(471)			(515)					44
Dividends declared on preferred stock	(323.9)								(324)
Dividends declared on common stock	(1,379)								(1,379)
Repurchase of common stock, inclusive of tax	(2,869)				$ (2,800)					(2,869)
Stock option exercises and other	33							(110)		143
Share-based compensation	242							242
Other	53							86		(33)
Balance at end of period at Sep. 30, 2023	37,784			9,191		$ 20	$ 1	27,293	33,429	(11,398)	(20,752)
Ending balance (in shares) at Sep. 30, 2023						2,023	51
Balance at beginning of period at Jun. 30, 2023	37,147			9,191		$ 20	$ 1	27,220	32,865	(11,420)	(20,730)
Beginning balance (in shares) at Jun. 30, 2023						2,023	51
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,125	1,094	31						1,125
Other comprehensive income (loss), net of tax	(22)										(22)
Dividends declared on preferred stock	(103)								(103)
Dividends declared on common stock	(458)								(458)
Stock option exercises and other	9							(9)		18
Share-based compensation	60							60
Other	26							22		4
Balance at end of period at Sep. 30, 2023	37,784			9,191		$ 20	$ 1	27,293	33,429	(11,398)	(20,752)
Ending balance (in shares) at Sep. 30, 2023						2,023	51
Balance at beginning of period at Dec. 31, 2023	40,958			9,191		$ 20	$ 1	27,330	33,901	(11,354)	(18,131)
Beginning balance (in shares) at Dec. 31, 2023						2,023	51
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,102	3,988	114						4,102
Other comprehensive income (loss), net of tax	3,513										3,513
Dividends declared on preferred stock	(321.4)								(321)
Dividends declared on common stock	(1,379)								(1,379)
Stock option exercises and other	53							(122)		175
Share-based compensation	249							249
Other	40							91		(51)
Balance at end of period at Sep. 30, 2024	47,215			9,191		$ 20	$ 1	27,548	36,303	(11,230)	(14,618)
Ending balance (in shares) at Sep. 30, 2024						2,023	51
Balance at beginning of period at Jun. 30, 2024	43,953			9,191		$ 20	$ 1	27,470	35,458	(11,251)	(16,936)
Beginning balance (in shares) at Jun. 30, 2024						2,023	51
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,408	$ 1,369	$ 39						1,408
Other comprehensive income (loss), net of tax	2,318										2,318
Dividends declared on preferred stock	(103)								(103)
Dividends declared on common stock	(460)								(460)
Stock option exercises and other	10							(6)		16
Share-based compensation	59							59
Other	30							25		5
Balance at end of period at Sep. 30, 2024	$ 47,215			$ 9,191		$ 20	$ 1	$ 27,548	$ 36,303	$ (11,230)	$ (14,618)
Ending balance (in shares) at Sep. 30, 2024						2,023	51

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Stockholders' Equity [Abstract]
Dividends declared on common stock (in USD per share)	$ 0.25	$ 0.25	$ 0.75	$ 0.75

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Cash Flows from Operating Activities
Net income		$ 4,102	$ 4,022
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Share-based compensation		267	260
Depreciation and amortization		692	566
Amortization of acquired intangible assets		389	404
Provision (benefit) for deferred income taxes		(163)	5
Premium amortization, net, on available for sale and held to maturity securities		618	614
Other		370	391
Net change in:
Investments segregated and on deposit for regulatory purposes		(818)	17,539
Receivables from brokerage clients		(5,387)	(2,502)
Other assets		169	202
Payables to brokerage clients		4,378	(24,620)
Accrued expenses and other liabilities		8,880	2,669
Net cash provided by (used for) operating activities		13,497	(450)
Cash Flows from Investing Activities
Purchases of available for sale securities		(2,250)	(775)
Proceeds from sales of available for sale securities		2,929	6,385
Principal payments on available for sale securities		19,582	31,593
Principal payments on held to maturity securities		10,888	12,030
Net change in bank loans		(2,935)	194
Purchases of equipment, office facilities, and property		(366)	(637)
Purchases of FHLB stock		(786)	(1,652)
Proceeds from sales of FHLB stock		1,005	876
Purchases of Federal Reserve stock		(134)	(212)
Proceeds from sales of Federal Reserve stock		0	98
Other investing activities		(236)	(171)
Net cash provided by (used for) investing activities		27,697	47,729
Cash Flows from Financing Activities
Net change in bank deposits		(43,491)	(82,316)
Proceeds from FHLB borrowings		20,001	41,800
Repayments of FHLB borrowings		(23,801)	(22,400)
Proceeds from other short-term borrowings		18,225	14,190
Repayments of other short-term borrowings		(14,185)	(11,296)
Issuances of long-term debt		0	4,809
Repayments of long-term debt		(3,676)	(823)
Redemption and repurchase of preferred stock		0	(467)
Dividends paid		(1,700)	(1,703)
Proceeds from stock options exercised		53	33
Repurchases of common stock and nonvoting common stock		0	(2,842)
Other financing activities		(90)	(77)
Net cash provided by (used for) financing activities		(48,664)	(61,092)
Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted		(7,470)	(13,813)
Cash and Cash Equivalents, including Amounts Restricted at Beginning of Year		74,473	58,720
Cash and Cash Equivalents, including Amounts Restricted at End of Period	[1]	67,003	44,907
Non-cash investing activity:
Securities matured during the period but settled after period end		0	415
Changes in accrued equipment, office facilities, and property purchases		(17)	(32)
Cash paid during the period for:
Interest		5,213	3,851
Income taxes		1,313	1,243
Amounts included in the measurement of lease liabilities		193	190
Leased assets obtained in exchange for new operating lease liabilities		$ 126	$ 88
[1]For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 17.

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2024	Sep. 30, 2023
Reconciliation of cash, cash equivalents and amounts reported within the balance sheet
Cash and cash equivalents	[1]	$ 34,850	$ 33,251
Restricted cash and cash equivalents amounts included in cash and investments segregated and on deposit for regulatory purposes	[1]	32,153	11,656
Total cash and cash equivalents, including amounts restricted shown in the statement of cash flows	[1]	$ 67,003	$ 44,907
[1]For more information on the nature of restrictions on restricted cash and cash equivalents, see Note 17.

Introduction and Basis of Prese

Introduction and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
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; • 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™). In May 2024, the Company completed the final client account conversions to CS&Co from the Ameritrade broker-dealers, TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. (TDAC). Accordingly, these entities are no longer principal business subsidiaries. See Note 10 for additional information regarding the Company’s integration of Ameritrade. 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 2023 Form 10-K. The significant accounting policies are included in Item 8 – Note 2 in the 2023 Form 10-K. There have been no significant changes to these accounting policies during the first nine months of 2024.

New Accounting Standards

New Accounting Standards	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
New Accounting Standards	New Accounting Standards Adoption of New Accounting Standards Standard Description Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update ( ASU ) 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” Requires annual and interim disclosure of significant segment expenses that are provided to the chief operating decision maker (CODM) and included in segment profit or loss. Also requires disclosure of the CODM’s title and position and how the CODM uses reported segment profit or loss information in assessing segment performance and allocating resources. All required segment disclosures will be presented both on an interim and annual basis. Adoption requires retrospective application as of the earliest comparative period presented in the financial statements. January 1, 2024 (applies to the annual financial statements for 2024 and interim periods thereafter) The Company does not expect this guidance will have a material impact on its financial statements or disclosures. New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” Expands income tax disclosures, primarily by enhancing the rate reconciliation table and requiring additional disaggregated information about income taxes paid. Adoption allows retrospective or prospective application, with early adoption permitted. January 1, 2025 The Company does not expect this guidance will have a material impact on its financial statements or disclosures.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Disaggregation of Schwab’s revenue by major source is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Net interest revenue Cash and cash equivalents $ 369 $ 459 $ 1,205 $ 1,419 Cash and investments segregated 345 285 1,014 1,041 Receivables from brokerage clients 1,431 1,282 4,042 3,533 Available for sale securities 531 724 1,680 2,340 Held to maturity securities 650 706 1,998 2,172 Bank loans 484 426 1,384 1,227 Securities lending revenue 87 105 258 341 Other interest revenue 31 41 105 75 Interest revenue 3,928 4,028 11,686 12,148 Bank deposits (841) (911) (2,602) (2,392) Payables to brokerage clients (79) (66) (229) (205) Other short-term borrowings (150) (97) (382) (280) Federal Home Loan Bank borrowings (310) (477) (988) (1,387) Long-term debt (208) (193) (640) (489) Securities lending expense (118) (46) (230) (96) Other interest expense — (1) (2) (2) Interest expense (1,706) (1,791) (5,073) (4,851) Net interest revenue 2,222 2,237 6,613 7,297 Asset management and administration fees Mutual funds, ETFs, and CTFs 827 666 2,370 1,881 Advice solutions 559 476 1,572 1,393 Other 90 82 265 241 Asset management and administration fees 1,476 1,224 4,207 3,515 Trading revenue Commissions 388 394 1,184 1,210 Order flow revenue 357 325 1,066 1,104 Principal transactions 52 49 141 149 Trading revenue 797 768 2,391 2,463 Bank deposit account fees 152 205 488 531 Other 200 172 578 572 Total net revenues $ 4,847 $ 4,606 $ 14,277 $ 14,378 Note: For a summary of revenue provided by our reportable segments, see Note 18. The recognition of revenue is not impacted by the operating segment in which revenue is generated. Contract balances : Receivables from contracts with customers within the scope of Accounting Standards Codification (ASC) 606 Revenue From Contracts With Customers (ASC 606), are included in other assets on the condensed consolidated balance sheets, and totaled $684 million and $599 million at September 30, 2024 and December 31, 2023, respectively. The Company had net contract assets of $222 million and $239 million at September 30, 2024 and December 31, 2023, respectively, related to the buy down of fixed-rate obligation amounts pursuant to the 2023 IDA agreement. These amounts are included in other assets on the condensed consolidated balance sheets and are amortized on a straight-line basis over the remaining contractual term as a reduction to bank deposit account fee revenue. For additional discussion of the 2023 IDA agreement, see Note 9. Unsatisfied performance obligations :

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2024
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: September 30, 2024 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 60,837 $ — $ 4,557 $ 56,280 U.S. Treasury securities 16,137 2 516 15,623 Corporate debt securities (1) 10,790 — 544 10,246 Asset-backed securities (2) 6,818 — 188 6,630 Foreign government agency securities 533 — 10 523 U.S. state and municipal securities 627 — 42 585 Non-agency commercial mortgage-backed securities 122 — 10 112 Other 21 — 2 19 Unallocated portfolio layer method fair value basis adjustments (3) (14) — (14) — Total available for sale securities $ 95,871 $ 2 $ 5,855 $ 90,018 Held to maturity securities U.S. agency mortgage-backed securities $ 149,862 $ 2,365 $ 11,230 $ 140,997 Total held to maturity securities $ 149,862 $ 2,365 $ 11,230 $ 140,997 December 31, 2023 Available for sale securities U.S. agency mortgage-backed securities $ 69,173 $ — $ 6,378 $ 62,795 U.S. Treasury securities 22,459 1 989 21,471 Corporate debt securities (1) 13,344 — 860 12,484 Asset-backed securities (2) 9,465 — 378 9,087 Foreign government agency securities 1,035 — 33 1,002 U.S. state and municipal securities 634 — 55 579 Non-agency commercial mortgage-backed securities 123 — 14 109 Certificates of deposit 100 — — 100 Other 22 — 3 19 Unallocated portfolio layer method fair value basis adjustments (3) (19) — (19) — Total available for sale securities $ 116,336 $ 1 $ 8,691 $ 107,646 Held to maturity securities U.S. agency mortgage-backed securities $ 159,452 $ 1,435 $ 13,796 $ 147,091 Total held to maturity securities $ 159,452 $ 1,435 $ 13,796 $ 147,091 (1) As of September 30, 2024 and December 31, 2023, approximately 34% and 36%, respectively, of the total AFS in corporate debt securities were issued by institutions in the financial services industry. (2) Approximately 57% and 61% of asset-backed securities held as of September 30, 2024 and December 31, 2023, respectively, were Federal Family Education Loan Program Asset-Backed Securities. Asset-backed securities collateralized by credit card receivables represented approximately 28% and 24% of the asset-backed securities held as of September 30, 2024 and December 31, 2023, respectively. (3) This represents the amount of portfolio layer method (PLM) fair value hedge basis adjustments related to AFS securities hedged in a closed portfolio. See Note 11 for more information on PLM hedge accounting. At September 30, 2024, our banking subsidiaries had pledged investment securities with a value of $61.7 billion as collateral to secure borrowing capacity on secured credit facilities with the 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 value of $32.5 billion as collateral for this facility at September 30, 2024. The Company also pledges investment securities issued by federal agencies to secure certain trust deposits. The value of these pledged securities was $1.6 billion at September 30, 2024. At September 30, 2024, our banking subsidiaries had pledged HTM securities as collateral under repurchase agreements with external financial institutions. HTM securities pledged were U.S. agency mortgage-backed securities with an aggregate amortized cost of $8.3 billion. Securities pledged as collateral under these repurchase agreements may be sold, repledged, or otherwise used by the counterparties. See Notes 8 and 12 for additional information on these repurchase agreements. At September 30, 2024, our banking subsidiaries had pledged AFS securities consisting of U.S. Treasury securities with an aggregate fair value of $188 million as initial margin on interest rate swaps (see Notes 11 and 12). All of Schwab’s interest rate swaps are cleared through central counterparty (CCP) clearing houses which require the Company to post initial margin as collateral against potential losses. Initial margin is posted through futures commission merchants (FCM) which serve as the intermediary between the CCPs and Schwab. The FCM agreements governing our swaps allow for securities pledged as initial margin to be sold, repledged, or otherwise used by the FCM. AFS securities with unrealized losses, aggregated by category and period of continuous unrealized loss, are as follows: Less than 12 months 12 months or longer Total September 30, 2024 Fair Unrealized Fair Unrealized Fair Unrealized Available for sale securities U.S. agency mortgage-backed securities $ — $ — $ 56,280 $ 4,557 $ 56,280 $ 4,557 U.S. Treasury securities (1) 242 — 13,878 516 14,120 516 Corporate debt securities — — 10,246 544 10,246 544 Asset-backed securities — — 6,618 188 6,618 188 Foreign government agency securities — — 523 10 523 10 U.S. state and municipal securities — — 585 42 585 42 Non-agency commercial mortgage-backed securities — — 112 10 112 10 Other — — 19 2 19 2 Total (2) $ 242 $ — $ 88,261 $ 5,869 $ 88,503 $ 5,869 December 31, 2023 Available for sale securities U.S. agency mortgage-backed securities (1) $ 1 $ — $ 62,794 $ 6,378 $ 62,795 $ 6,378 U.S. Treasury securities — — 19,450 989 19,450 989 Corporate debt securities — — 12,484 860 12,484 860 Asset-backed securities (1) 29 — 9,058 378 9,087 378 Foreign government agency securities — — 1,002 33 1,002 33 U.S. state and municipal securities — — 579 55 579 55 Non-agency commercial mortgage-backed securities — — 109 14 109 14 Other — — 19 3 19 3 Total (2) $ 30 $ — $ 105,495 $ 8,710 $ 105,525 $ 8,710 (1) Unrealized losses less than 12 months amounts were less than $500 thousand. (2) For purposes of this table, unrealized losses on AFS securities excludes the unallocated PLM fair value hedge basis adjustments of $14 million and $19 million at September 30, 2024 and December 31, 2023, respectively. At September 30, 2024, 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 2023 Form 10-K. No amounts were recognized as credit loss expense and no securities were written down to fair value through earnings for the nine months ended September 30, 2024 and the year ended December 31, 2023. None of the Company’s AFS securities held as of September 30, 2024 and December 31, 2023 had an allowance for credit losses. All HTM securities as of September 30, 2024 and December 31, 2023 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 $464 million and $565 million of accrued interest for AFS and HTM securities as of September 30, 2024 and December 31, 2023, respectively. 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 nine months ended September 30, 2024, or for the year ended December 31, 2023. The following table presents the Company’s estimated effective duration, which reflects anticipated future payments, by category at September 30, 2024: In years Estimated effective duration, exclusive of derivatives: AFS investment securities portfolio 2.3 AFS and HTM investment securities portfolio 3.9 Estimated effective duration, inclusive of derivatives (1) : AFS investment securities portfolio 2.0 AFS and HTM investment securities portfolio 3.8 (1) See Note 11 for additional discussion on the Company’s derivatives. 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: September 30, 2024 Within After 1 year After 5 years After Total Available for sale securities U.S. agency mortgage-backed securities $ 3,200 $ 8,202 $ 9,941 $ 34,937 $ 56,280 U.S. Treasury securities 9,254 6,369 — — 15,623 Corporate debt securities 4,651 4,075 1,520 — 10,246 Asset-backed securities 9 1,944 1,282 3,395 6,630 Foreign government agency securities 523 — — — 523 U.S. state and municipal securities — 106 436 43 585 Non-agency commercial mortgage-backed securities — — — 112 112 Other — — — 19 19 Total fair value $ 17,637 $ 20,696 $ 13,179 $ 38,506 $ 90,018 Total amortized cost (1) $ 17,861 $ 21,752 $ 14,326 $ 41,946 $ 95,885 Held to maturity securities U.S. agency mortgage-backed securities $ 1,646 $ 9,686 $ 35,593 $ 94,072 $ 140,997 Total fair value $ 1,646 $ 9,686 $ 35,593 $ 94,072 $ 140,997 Total amortized cost $ 1,667 $ 10,037 $ 37,043 $ 101,115 $ 149,862 (1) For purposes of this table, the amortized cost of AFS securities excludes the unallocated PLM fair value hedge basis adjustments of $14 million at September 30, 2024. Proceeds and gross realized gains and losses from sales of AFS investment securities are as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Proceeds $ 886 $ 3,485 $ 2,929 $ 6,385 Gross realized gains — 1 — 1 Gross realized losses 10 25 30 45

Bank Loans and Related Allowanc

Bank Loans and Related Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2024
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: September 30, 2024 Current 30-59 days 60-89 days > 90 days past (3) Total past due Total Allowance Total Residential real estate: First Mortgages (1,2) $ 26,744 $ 33 $ 2 $ 20 $ 55 $ 26,799 $ 14 $ 26,785 HELOCs (1,2) 430 1 1 3 5 435 1 434 Total residential real estate 27,174 34 3 23 60 27,234 15 27,219 Pledged asset lines 15,707 6 — — 6 15,713 — 15,713 Other 383 — — 1 1 384 5 379 Total bank loans $ 43,264 $ 40 $ 3 $ 24 $ 67 $ 43,331 $ 20 $ 43,311 December 31, 2023 Residential real estate: First Mortgages (1,2) $ 26,111 $ 33 $ 2 $ 7 $ 42 $ 26,153 $ 32 $ 26,121 HELOCs (1,2) 473 1 1 4 6 479 2 477 Total residential real estate 26,584 34 3 11 48 26,632 34 26,598 Pledged asset lines 13,533 11 — 4 15 13,548 — 13,548 Other 297 — — — — 297 4 293 Total bank loans $ 40,414 $ 45 $ 3 $ 15 $ 63 $ 40,477 $ 38 $ 40,439 (1) First Mortgages and HELOCs include unamortized premiums and discounts and direct origination costs of $107 million and $100 million at September 30, 2024 and December 31, 2023, respectively. (2) At September 30, 2024 and December 31, 2023, 42% and 43%, respectively, of the First Mortgage and HELOC portfolios were concentrated in California. 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 September 30, 2024 or December 31, 2023. At September 30, 2024, 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: Three Months Ended September 30, 2024 First Mortgages HELOCs Total residential real estate Pledged asset lines Other Total Balance at beginning of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses — — — — — — Balance at end of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 September 30, 2023 Balance at beginning of period $ 68 $ 3 $ 71 $ — $ 4 $ 75 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (21) (1) (22) — 1 (21) Balance at end of period $ 47 $ 2 $ 49 $ — $ 5 $ 54 Nine Months Ended September 30, 2024 Balance at beginning of period $ 32 $ 2 $ 34 $ — $ 4 $ 38 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (18) (1) (19) — 1 (18) Balance at end of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 September 30, 2023 Balance at beginning of period $ 66 $ 4 $ 70 $ — $ 3 $ 73 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (19) (2) (21) — 2 (19) Balance at end of period $ 47 $ 2 $ 49 $ — $ 5 $ 54 Consistent with Schwab’s loan charge-off policy for pledged asset lines (PALs) as disclosed in Item 8 – Note 2 of the 2023 Form 10-K, the Company charges off any unsecured balances no later than 90 days past due. As of September 30, 2024, substantially all PALs are also 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 September 30, 2024 and December 31, 2023, and no allowance for credit losses for PALs as of those dates was required. The U.S. economy continued to face tight monetary policy and geopolitical unrest. Amid slower hiring and moderating inflation, the Federal Reserve lowered the federal funds target overnight rate in mid-September. However, management’s macroeconomic outlook continues to reflect a near-term continuation of elevated interest rates, with unemployment remaining relatively flat and modest home price appreciation. Though higher mortgage rates are softening demand and reducing borrower affordability, we expect constrained housing supply will keep home prices relatively stable. Furthermore, credit quality metrics in the Company’s bank loans portfolio remain very strong and have improved in recent quarters. As a result of these factors, we decreased projected loss rates at September 30, 2024, as compared to December 31, 2023. Bank loan-related nonperforming assets consisted of nonaccrual loans of $24 million and $15 million at September 30, 2024 and December 31, 2023, respectively. Nonaccrual loans include nonaccrual troubled debt restructurings recorded prior to the adoption of ASU 2022-02, “ Financial Instruments — Credit Losses : Troubled Debt Restructurings and Vintage Disclosures” on January 1, 2023. 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 Fair Isaac Corporation (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 are 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 First Mortgages and HELOCs are detailed below: First Mortgages Amortized Cost Basis by Origination Year September 30, 2024 2024 2023 2022 2021 2020 pre-2020 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ — $ 2 $ 1 $ 1 $ 1 $ 5 $ — $ — $ — 620 – 679 21 5 26 29 18 12 111 — 1 1 680 – 739 228 264 741 1,109 372 230 2,944 48 32 80 ≥740 2,140 2,020 4,998 9,956 3,372 1,253 23,739 244 110 354 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Origination LTV ≤70% $ 1,649 $ 1,537 $ 4,279 $ 9,628 $ 3,136 $ 1,169 $ 21,398 $ 270 $ 100 $ 370 >70% – ≤90% 740 752 1,488 1,467 627 325 5,399 22 42 64 >90% – ≤100% — — — — — 2 2 — 1 1 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Updated FICO <620 $ 3 $ 7 $ 25 $ 16 $ 9 $ 16 $ 76 $ 2 $ 5 $ 7 620 – 679 18 30 63 108 44 34 297 7 8 15 680 – 739 219 202 523 820 278 157 2,199 44 22 66 ≥740 2,149 2,050 5,156 10,151 3,432 1,289 24,227 239 108 347 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Estimated Current LTV (1) ≤70% $ 1,625 $ 1,778 $ 5,022 $ 10,944 $ 3,740 $ 1,492 $ 24,601 $ 289 $ 142 $ 431 >70% – ≤90% 764 511 729 150 21 4 2,179 3 1 4 >90% – ≤100% — — 14 — 2 — 16 — — — >100% — — 2 1 — — 3 — — — Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Percent of Loans on 0.01 % 0.01 % 0.11 % 0.04 % 0.03 % 0.51 % 0.07 % 0.07 % 2.28 % 0.69 % (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, 2023 2023 2022 2021 2020 pre-2020 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ 2 $ 1 $ 1 $ 1 $ 5 $ — $ — $ — 620 – 679 4 27 30 20 15 96 — 1 1 680 – 739 299 782 1,160 395 294 2,930 50 38 88 ≥740 2,391 5,258 10,439 3,558 1,476 23,122 261 129 390 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Origination LTV ≤70% $ 1,818 $ 4,492 $ 10,078 $ 3,306 $ 1,382 $ 21,076 $ 279 $ 117 $ 396 >70% – ≤90% 876 1,577 1,552 668 402 5,075 32 50 82 >90% – ≤100% — — — — 2 2 — 1 1 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Updated FICO <620 $ 4 $ 15 $ 19 $ 8 $ 17 $ 63 $ 2 $ 5 $ 7 620 – 679 46 77 87 38 50 298 6 10 16 680 – 739 265 575 984 316 169 2,309 48 26 74 ≥740 2,379 5,402 10,540 3,612 1,550 23,483 255 127 382 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Estimated Current LTV (1) ≤70% $ 1,853 $ 4,855 $ 11,341 $ 3,960 $ 1,781 $ 23,790 $ 308 $ 167 $ 475 >70% – ≤90% 841 1,185 289 14 5 2,334 3 1 4 >90% – ≤100% — 28 — — — 28 — — — >100% — 1 — — — 1 — — — Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Percent of Loans on 0.01 % 0.02 % 0.01 % 0.01 % 0.19 % 0.03 % 0.07 % 2.40 % 0.84 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs. At September 30, 2024, First Mortgage loans of $22.4 billion had adjustable interest rates. Substantially all of these mortgages have initial fixed interest rates for three three At September 30, 2024 and December 31, 2023, Schwab had $173 million and $157 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 when current outstanding HELOCs will convert to amortizing loans: September 30, 2024 Balance Converted to an amortizing loan by period end (1) $ 143 Within 1 year 16 > 1 year – 3 years 38 > 3 years – 5 years 35 > 5 years 203 Total $ 435 (1) Includes $4 million and $9 million of HELOCs converted to amortizing loans during the three and nine months ended September 30, 2024, respectively. At September 30, 2024, $344 million of the HELOCs 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 September 30, 2024, the borrowers on approximately 61% of HELOC loan balances outstanding only paid the minimum amount due.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities As of September 30, 2024 and December 31, 2023, substantially all of Schwab’s involvement with variable interest entities (VIEs) was through CSB’s Community Reinvestment Act (CRA) related investments and most of these are related to Low-Income Housing Tax Credit (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. During the three months ended September 30, 2024 and 2023, CSB recorded amortization of $37 million and $30 million, respectively, and recognized tax credits and other tax benefits of $48 million and $35 million, respectively, associated with these investments. During the nine months ended September 30, 2024 and 2023, CSB recorded amortization of $117 million and $96 million, respectively, and recognized tax credits and other tax benefits of $150 million and $124 million, respectively, associated with these investments. The amortization, as well as the tax credits and other tax benefits, are included in taxes on income on the condensed consolidated statements of income. Tax credits and other tax benefits are reflected as cash flows from operating activities on the condensed consolidated statements of cash flows. 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: September 30, 2024 December 31, 2023 Aggregate Aggregate Maximum Aggregate Aggregate Maximum LIHTC investments (1) $ 1,674 $ 934 $ 1,674 $ 1,407 $ 759 $ 1,407 Other investments (2) 209 — 241 179 — 231 Total $ 1,883 $ 934 $ 1,915 $ 1,586 $ 759 $ 1,638 (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 investments include non-LIHTC CRA investments that 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	9 Months Ended
	Sep. 30, 2024
Deposit Liabilities [Abstract]
Bank Deposits	Bank Deposits Bank deposits consist of interest-bearing and non-interest-bearing deposits as follows: September 30, 2024 December 31, 2023 Interest-bearing deposits: Deposits swept from brokerage accounts $ 192,840 $ 220,274 Time certificates of deposit (1) 34,075 48,297 Checking 14,374 15,691 Savings and other 4,002 4,461 Total interest-bearing deposits 245,291 288,723 Non-interest-bearing deposits 1,171 1,230 Total bank deposits $ 246,462 $ 289,953 (1) Time certificates of deposit consist of brokered CDs. The weighted-average interest rates on outstanding time certificates of deposit at September 30, 2024 and December 31, 2023 were 5.18% and 5.15%, respectively. As of September 30, 2024 and December 31, 2023, there were no time deposits that were in excess of FDIC insurance limits or otherwise uninsured. Annual maturities on time certificates of deposit outstanding at September 30, 2024 are as follows: Balance 2024 $ 12,401 2025 21,674 Total $ 34,075

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2024
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. Interest for the fixed-to-floating rate Senior Notes is payable semi-annually during the fixed-rate period of the notes and quarterly during the floating-rate period of the notes. Ameritrade Holding LLC Senior Notes Ameritrade Holding LLC’s (Ameritrade Holding) Senior Notes are unsecured obligations. Ameritrade 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 September 30, 2024 and December 31, 2023: Date of Issuance Principal Amount Outstanding September 30, 2024 December 31, 2023 CSC Fixed-rate Senior Notes: 3.550% due February 1, 2024 10/31/18 $ — $ 500 0.750% due March 18, 2024 03/18/21 — 1,500 3.750% due April 1, 2024 09/24/21 — 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 5.875% due August 24, 2026 08/24/23 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 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 1,000 CSC Floating-rate Senior Notes: SOFR + 0.500% due March 18, 2024 03/18/21 — 1,250 SOFR + 0.520% due May 13, 2026 05/13/21 500 500 SOFR + 1.050% due March 3, 2027 03/03/22 500 500 CSC Fixed-to-Floating rate Senior Notes: 5.643% due May 19, 2029 (1) 05/19/23 1,200 1,200 6.196% due November 17, 2029 (2) 11/17/23 1,300 1,300 5.853% due May 19, 2034 (3) 05/19/23 1,300 1,300 6.136% due August 24, 2034 (4) 08/24/23 1,350 1,350 Total CSC Senior Notes 22,262 25,862 Ameritrade Holding Fixed-rate Senior Notes: 3.750% due April 1, 2024 11/01/18 — 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 Ameritrade Holding Senior Notes 163 213 Finance lease liabilities 55 85 Unamortized premium — net 61 87 Debt issuance costs (99) (119) Total long-term debt $ 22,442 $ 26,128 (1) The May 2029 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.643%, payable semi-annually, until the interest reset date on May 19, 2028. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.210%, payable quarterly. (2) The November 2029 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 6.196%, payable semi-annually, until the interest reset date on November 17, 2028. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 1.878%, payable quarterly. (3) The May 2034 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.853%, payable semi-annually, until the interest reset date on May 19, 2033. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.500%, payable quarterly. (4) The August 2034 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 6.136%, payable semi-annually, until the interest reset date on August 24, 2033. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.010%, payable quarterly. Annual maturities on all long-term debt outstanding at September 30, 2024 are as follows: Maturities 2024 $ 6 2025 2,249 2026 4,112 2027 3,463 2028 1,950 Thereafter 10,700 Total maturities 22,480 Unamortized premium — net 61 Debt issuance costs (99) Total long-term debt $ 22,442 FHLB borrowings : Our banking subsidiaries maintain secured credit facilities with the FHLB. Amounts available under these facilities are dependent on the amount of bank loans and the value of certain investment securities that are pledged as collateral. There was $22.6 billion and $26.4 billion outstanding under these facilities as of September 30, 2024 and December 31, 2023, respectively, and these borrowings had a weighted-average interest rate of 5.34% at both September 30, 2024 and December 31, 2023. As of September 30, 2024 and December 31, 2023, the collateral pledged provided additional borrowing capacity of $57.1 billion and $63.1 billion, respectively. Other short-term borrowings : Total other short-term borrowings outstanding at September 30, 2024 and December 31, 2023 were $10.6 billion and $6.6 billion, respectively, and had a weighted-average interest rate of 5.38% and 5.57%, respectively. Additional information regarding our other short-term borrowings facilities is described below. The Company may engage with external financial institutions in repurchase agreements collateralized by investment securities as another source of short-term liquidity. The Company had $8.1 billion and $4.9 billion outstanding pursuant to such repurchase agreements at September 30, 2024 and December 31, 2023, respectively. Repurchase agreements outstanding at September 30, 2024 mature between October 2024 and May 2025. Our banking subsidiaries have access to funding through the Federal Reserve discount window. Amounts available are dependent upon the value of certain investment securities that are pledged as collateral. As of September 30, 2024 and December 31, 2023, our collateral pledged provided total borrowing capacity of $32.5 billion and $6.2 billion, respectively, of which no amounts were outstanding at the end of either period. During the first quarter of 2024 and the year ended December 31, 2023, our banking subsidiaries had access to funding through the Federal Reserve Bank Term Funding Program (BTFP). This program offered loans through March 11, 2024 of up to one year in length, and amounts available were dependent upon the par value of certain investment securities pledged as collateral. As of September 30, 2024, there was no collateral pledged or borrowings outstanding under the BTFP. As of December 31, 2023, our collateral pledged provided total borrowing capacity of $39.2 billion. There were no borrowings outstanding at December 31, 2023. CSC has the ability to issue up to $5.0 billion of commercial paper notes with maturities of up to 270 days. There were no amounts outstanding at September 30, 2024 or December 31, 2023. Beginning in 2024, CSC has access to an unsecured, committed revolving line of credit with various external banks with a total borrowing capacity of $2.1 billion. There were no amounts outstanding as of September 30, 2024. CSC and CS&Co also have access to unsecured, uncommitted lines of credit with external banks with total borrowing capacity of $1.7 billion; no amounts were outstanding as of September 30, 2024 or December 31, 2023. CS&Co maintains secured, uncommitted lines of credit, under which CS&Co may borrow on a short-term basis and pledge either client margin securities or firm securities as collateral, based on the terms of the agreements, under which there was $2.5 billion outstanding at September 30, 2024 and $950 million outstanding as of December 31, 2023. TDAC also previously maintained secured uncommitted lines of credit. Prior to the final client account conversions to CS&Co from the Ameritrade broker-dealers, TDAC could borrow on either a demand or short-term basis and pledged client margin securities as collateral. The TDAC lines of credit were terminated as of September 30, 2024. There was $700 million outstanding under the TDAC lines of credit at December 31, 2023. Annual maturities on FHLB borrowings and other short-term borrowings outstanding at September 30, 2024 are as follows: 2024 2025 Total FHLB borrowings $ 8,900 $ 13,700 $ 22,600 Other short-term borrowings 5,094 5,499 10,593 Total $ 13,994 $ 19,199 $ 33,193

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
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 ® ). 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 $1.1 billion and $765 million during the third quarters of 2024 and 2023, respectively, and $2.6 billion and $2.4 billion during the first nine months of 2024 and 2023, respectively. CSB purchased HELOCs with commitments of $38 million and $49 million during the third quarters of 2024 and 2023, respectively, and $121 million and $144 million during the first nine months of 2024 and 2023, respectively. The Company’s commitments to extend credit on lines of credit and to purchase First Mortgages are as follows: September 30, 2024 December 31, 2023 Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit $ 1,962 $ 2,996 Commitments to purchase First Mortgage loans 958 351 Total $ 2,920 $ 3,347 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 satisfy the margin requirements of these transactions through pledging certain client securities. For additional information on these pledged securities, refer to Note 12. 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 : On May 4, 2023, the Company executed the 2023 IDA agreement with the TD Depository Institutions that replaced and superseded the previous agreement dated November 24, 2019, as amended. The 2023 IDA agreement specifies responsibilities, including certain contingent obligations, of the Company going forward. Pursuant to the 2023 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. The Company’s ability to migrate these balances to its balance sheet is dependent on multiple factors including having sufficient capital levels to sustain these incremental deposits and certain binding limitations specified in the 2023 IDA agreement. During the first nine months of 2024, Schwab did not move IDA balances to its balance sheet. The 2023 IDA agreement extends the agreement term to sweep balances to the TD Depository Institutions through July 1, 2034, and requires that Schwab maintain minimum and maximum IDA balances as follows: • Through September 10, 2025, Schwab must maintain minimum balances above the total of then-outstanding unmatured fixed-rate obligation amounts, with a maximum of $30 billion above this total amount. During this period, withdrawals of IDA balances by Schwab are generally permitted only to the extent of withdrawals initiated by Schwab customers, with limited exceptions, except to the extent necessary for Schwab to maintain balances below the applicable maximum. • After September 10, 2025, withdrawals of IDA balances are permitted at Schwab’s discretion, subject to an obligation to maintain IDA balances above a minimum of $60 billion, with a maximum of $90 billion. Designation of deposit balances for investment in fixed- or floating-rate instruments under the 2023 IDA agreement is at Schwab’s sole discretion with certain limitations on the amount of fixed-rate obligation amounts. If IDA balances decline below the required IDA balance minimum as described above, Schwab would be required to make a nonperformance payment to the TD Depository Institutions pursuant to the terms of the 2023 IDA agreement. Pursuant to the 2023 IDA agreement, in 2023, Schwab opted to buy down $5.0 billion of fixed-rate obligation amounts, incurring market-based fees of $249 million, which were capitalized as contract assets and included in other assets on the condensed consolidated balance sheet. For additional information on these contract assets, see Note 3. As of September 30, 2024, the total ending IDA balance was $84.0 billion, of which $70.2 billion was fixed-rate obligation amounts and $13.8 billion was floating-rate obligation amounts. As of December 31, 2023, the total ending IDA balance was $97.5 billion, of which $83.7 billion was fixed-rate obligation amounts and $13.8 billion was floating-rate obligation amounts. 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. Corrente Antitrust Litigation : On June 6, 2022, CSC was sued in the U.S. District Court for the Eastern District of Texas on behalf of a putative class of customers who purchased or sold securities through CS&Co or TD Ameritrade, Inc. from October 26, 2020 to the present. The lawsuit alleges that CSC’s acquisition of Ameritrade violated Section 7 of the Clayton Act because it has resulted in an anticompetitive market for the execution of retail customer orders. Plaintiffs seek unspecified damages, as well as injunctive and other relief. A motion by the Company to dismiss the lawsuit was denied by the court on February 24, 2023, and discovery is proceeding. Ford Order Routing Litigation : On September 15, 2014, Ameritrade Holding, TD Ameritrade, Inc. and its former CEO, Frederick J. Tomczyk, were sued in the U.S. District Court for the District of Nebraska on behalf of a putative class of TD Ameritrade, Inc. clients alleging that defendants failed to seek best execution and made misrepresentations and omissions regarding its order routing practices. Plaintiff sought unspecified damages and injunctive and other relief. On September 14, 2018, the District Court granted plaintiff’s motion for class certification, and defendants petitioned for an immediate appeal of the District Court’s class certification decision. On April 23, 2021, the U.S. Court of Appeals, 8th Circuit, issued a decision reversing the District Court’s certification of a class and remanding the case back to the District Court for further proceedings. Plaintiff renewed his motion for class certification, which the District Court granted on September 20, 2022. Defendants appealed, and in a decision filed on September 3, 2024, the Court of Appeals again reversed the District Court’s certification of a class. Plaintiff is now pursuing his claims individually in arbitration. The likelihood such claims would be material to the financial condition, operating results, or cash flows of the Company is remote. Other Matters : Certain of the Company’s registered subsidiaries have been responding to inquiries from the SEC and Commodity Futures Trading Commission in relation to a publicly reported, industry-wide sweep related to record retention and the use of unauthorized messaging channels. The Company has accrued amounts in anticipation of resolving these matters and expects that any final resolution would not be material to the financial condition, operating results, or cash flows of the Company.

Exit and Other Related Liabilit

Exit and Other Related Liabilities	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Exit and Other Related Liabilities	Exit and Other Related Liabilities Integration of Ameritrade The Company’s integration work continued during the first nine months of 2024, including completion of the final client transition group from the Ameritrade broker-dealers to CS&Co in May 2024. The Company expects to continue to incur acquisition and integration-related costs throughout the remainder of 2024 to decommission duplicative platforms and complete integration work. Such 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 has also incurred exit and other related costs to attain anticipated synergies, 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. Inclusive of costs recognized through September 30, 2024, Schwab currently expects to incur total exit and other related costs for the integration of Ameritrade ranging from $475 million to $525 million, consisting of employee compensation and benefits, facility exit costs, and certain other costs. Our estimates of the nature, amounts, and timing of recognition of acquisition and integration-related costs remain subject to change as we work to complete the integration. During the three months ended September 30, 2024 and 2023, the Company recognized $14 million and $16 million of acquisition-related exit costs, respectively. During the nine months ended September 30, 2024 and 2023, the Company recognized $27 million and $56 million of acquisition-related exit costs, respectively. The Company expects that remaining exit and other related costs will be incurred and charged to expense over the next 3 months. In addition to ASC 420 Exit or Disposal Cost Obligations (ASC 420), certain of the costs associated with these activities are accounted for in accordance with ASC 360 Property, Plant and Equipment (ASC 360), ASC 712 Compensation — Nonretirement Post Employment Benefits (ASC 712), ASC 718 Compensation — Stock Compensation (ASC 718), and ASC 842 Leases (ASC 842). The following is a summary of the Ameritrade integration activity in the Company’s exit and other related liabilities as of September 30, 2024 and activity for the nine months ended September 30, 2024: Investor Services Advisor Services Total Balance at December 31, 2023 (1) $ 42 $ 12 $ 54 Amounts recognized in expense (2) 7 3 10 Costs paid or otherwise settled (47) (13) (60) Balance at September 30, 2024 (1) $ 2 $ 2 $ 4 (1) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. (2) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are included in compensation and benefits on the condensed consolidated statements of income. The following table summarizes the Ameritrade integration exit and other related costs recognized in expense for the three and nine months ended September 30, 2024: Investor Services Advisor Services Three Months Ended September 30, 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 $ 3 $ — $ 3 $ 2 $ — $ 2 $ 5 Occupancy and equipment — 1 1 — — — 1 Depreciation and amortization — 5 5 — 3 3 8 Total $ 3 $ 6 $ 9 $ 2 $ 3 $ 5 $ 14 Investor Services Advisor Services Nine Months Ended September 30, 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 $ 7 $ — $ 7 $ 3 $ — $ 3 $ 10 Occupancy and equipment — 2 2 — — — 2 Depreciation and amortization — 9 9 — 4 4 13 Other — 2 2 — — — 2 Total $ 7 $ 13 $ 20 $ 3 $ 4 $ 7 $ 27 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of right-of-use (ROU) assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the Ameritrade integration exit and other related costs recognized in expense for the three and nine months ended September 30, 2023: Investor Services Advisor Services Three Months Ended September 30, 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 $ 9 $ — $ 9 $ — $ — $ — $ 9 Occupancy and equipment — 3 3 — — — 3 Other — 4 4 — — — 4 Total $ 9 $ 7 $ 16 $ — $ — $ — $ 16 Investor Services Advisor Services Nine Months Ended September 30, 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 $ 20 $ — $ 20 $ 3 $ — $ 3 $ 23 Occupancy and equipment — 6 6 — 2 2 8 Other — 18 18 — 7 7 25 Total $ 20 $ 24 $ 44 $ 3 $ 9 $ 12 $ 56 (1) Costs related to facility closures. These costs, which are comprised of impairment and accelerated amortization of ROU assets, relate to the impact of abandoning leased properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the Ameritrade integration exit and other related costs incurred from October 6, 2020 through September 30, 2024: 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 $ 250 $ — $ 250 $ 68 $ — $ 68 $ 318 Occupancy and equipment — 42 42 — 9 9 51 Depreciation and amortization — 11 11 — 5 5 16 Professional services — 1 1 — — — 1 Other — 22 22 — 7 7 29 Total $ 250 $ 76 $ 326 $ 68 $ 21 $ 89 $ 415 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. Other With significant progress made in the integration of Ameritrade, the Company took incremental actions in 2023 to streamline its operations to prepare for post-integration, including through position eliminations and decreasing its real estate footprint. In order to achieve anticipated cost savings through these actions, the Company expects to incur exit and related costs, primarily related to employee compensation and benefits and facility exit costs, of approximately $500 million inclusive of costs recognized through September 30, 2024 as described below. The Company anticipates the remaining costs, primarily related to real estate, will be incurred during 2024. In addition to ASC 420, certain of the costs associated with these activities are accounted for in accordance with ASC 360, ASC 712, ASC 718, and ASC 842. The following is a summary of the restructuring activity in the Company’s exit and other related liabilities as of September 30, 2024 and activity for the nine months ended September 30, 2024: Investor Services Advisor Services Total Balance at December 31, 2023 (1) $ 171 $ 63 $ 234 Amounts recognized in expense (2) (25) (9) (34) Costs paid or otherwise settled (146) (54) (200) Balance at September 30, 2024 (1) $ — $ — $ — (1) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. (2) Amounts recognized in expense for severance pay and other termination benefits are included in compensation and benefits on the condensed consolidated statements of income. The nine months ended September 30, 2024 includes a reduction of the liability resulting from changes in estimates of $27 million and $9 million in Investor Services and Advisor Services, respectively. The were no restructuring exit and other related costs recognized in expense for the three months ended September 30, 2024. The following table summarizes the restructuring exit and other related costs (benefits) recognized in expense for the nine months ended September 30, 2024: Investor Services Advisor Services Nine Months Ended September 30, 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 $ (25) $ — $ (25) $ (9) $ — $ (9) $ (34) Occupancy and equipment — 2 2 — 1 1 3 Other — 10 10 — 3 3 13 Total $ (25) $ 12 $ (13) $ (9) $ 4 $ (5) $ (18) (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and impairment of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the restructuring exit and other related costs recognized in expense for the three and nine months ended September 30, 2023: Investor Services Advisor Services Three and Nine Months Ended September 30, 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 $ 202 $ — $ 202 $ 74 $ — $ 74 $ 276 Occupancy and equipment — 1 1 — 1 1 2 Other — 1 1 — — — 1 Total $ 202 $ 2 $ 204 $ 74 $ 1 $ 75 $ 279 (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 properties. Accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the restructuring exit and other related costs incurred from July 1, 2023 through September 30, 2024: 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 $ 189 $ — $ 189 $ 69 $ — $ 69 $ 258 Occupancy and equipment — 15 15 — 5 5 20 Professional services — 4 4 — 1 1 5 Other — 144 144 — 50 50 194 Total $ 189 $ 163 $ 352 $ 69 $ 56 $ 125 $ 477 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and impairment of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Risk Management Objective of Using Derivatives The Company utilizes derivative instruments to manage interest rate risk exposures that arise from business activities related to changes in fair values or the receipt of future known and uncertain cash amounts due to changes in interest rates. The Company uses derivative instruments to manage changes in the fair values of, as well as changes in the amounts and/or timing of known or expected cash receipts related to, our AFS investment portfolio. For a description of how the Company accounts for derivative instruments, see Item 8 – Note 2 in the 2023 Form 10-K. For additional information on the basis of presentation for derivative instruments on the Company’s condensed consolidated balance sheets and related offsetting considerations, see Note 12. Cash flows associated with derivative instruments are reflected as cash flows from operating activities in the condensed consolidated statements of cash flows consistent with the treatment and nature of the items being hedged. Fair Value Hedges of Interest Rate Risk The Company is exposed to changes in the fair value of its fixed-rate AFS securities due to changes in benchmark interest rates. The Company uses cleared interest rate swaps to manage its exposure to changes in fair value on these instruments attributable to changes in the designated benchmark interest rate. Cleared interest rate swaps designated as fair value hedges involve the payment of fixed-rate amounts to a CCP in exchange for the Company receiving floating-rate payments over the life of the agreements without the exchange of the underlying notional amount. The Company had outstanding interest rate swaps with aggregate notional amounts of $8.8 billion and $8.9 billion at September 30, 2024 and December 31, 2023, respectively, that were designated as fair value hedges of interest rate risk. Fair Values of Derivative Instruments The table below presents the gross fair values of the Company’s interest rate swaps designated as hedging instruments on the condensed consolidated balance sheets: September 30, 2024 December 31, 2023 Assets Liabilities Assets Liabilities Interest rate swaps (1,2) $ 1 $ — $ — $ — (1) Derivative assets are included in other assets and derivative liabilities are included in accrued expenses and other liabilities on the condensed consolidated balance sheets. Derivative liabilities as of September 30, 2024 and derivative assets and liabilities as of December 31, 2023 were less than $500 thousand. (2) Includes reductions related to variation margin settlements. Settlements on derivative positions cleared through CCPs are reflected as reductions to the associated derivative asset and liability balances. As of September 30, 2024, there was a $73 million reduction of derivative assets and an $8 million reduction of derivative liabilities related to variation margin settlements. As of December 31, 2023, there was an $87 million reduction of derivative assets and a $2 million reduction of derivative liabilities related to variation margin settlements. Effects of Fair Value Hedge Accounting The following amounts were recorded in AFS securities on the condensed consolidated balance sheets related to fair value hedges: September 30, 2024 December 31, 2023 Amortized cost of hedged AFS securities (1,2) $ 8,837 $ 8,765 Cumulative fair value hedging adjustment included in the amortized cost of hedged AFS securities (1,2) (66) (85) (1) Includes the amortized cost basis of closed portfolios of AFS securities used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At September 30, 2024 and December 31, 2023, the amortized cost basis of the closed portfolios used in these hedging relationships was $2.0 billion and $2.1 billion, respectively, of which $1.5 billion and $1.6 billion, respectively, was designated in a portfolio layer hedging relationship. The cumulative basis adjustments associated with these hedging relationships were a reduction of the amortized cost basis of the closed portfolios of $14 million and $19 million at September 30, 2024 and December 31, 2023, respectively. (2) Excludes the amortized cost and fair value hedging adjustment of AFS securities for which hedge accounting has been discontinued. The cumulative amount of fair value hedging adjustments remaining for these securities was a reduction of the amortized cost basis of $2 million at September 30, 2024, which is recorded in AFS securities on the condensed consolidated balance sheets and amortized to interest revenue as a yield adjustment over the lives of the securities. At December 31, 2023, the cumulative amount of fair value hedging adjustments remaining for these securities was a reduction of less than $500 thousand. The table below presents the effect of the Company’s interest rate swaps designated as fair value hedges on the condensed consolidated statements of income: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Gain (loss) on fair value hedging relationships recognized in interest revenue: Hedged items $ 216 $ (182) $ 19 $ (304) Derivatives designated as hedging instruments (1) (214) 182 (19) 304 (1) Excludes net income from periodic interest accruals and receipts of $20 million and $36 million for the three and nine months ended September 30, 2024, respectively.

Financial Instruments Subject t

Financial Instruments Subject to Off-Balance Sheet Credit Risk	9 Months Ended
	Sep. 30, 2024
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 investments requirement. Schwab’s resale agreements as of September 30, 2024 and December 31, 2023 were not subject to master netting arrangements. Securities lending : Schwab loans brokerage client securities temporarily to other broker-dealers 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 a 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 $1.3 billion and $1.5 billion at September 30, 2024 and December 31, 2023, 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. Repurchase agreements : Schwab enters into collateralized repurchase agreements with external financial institutions in which the Company sells securities and agrees to repurchase these securities on a specified future date at a stated repurchase price. These repurchase agreements are collateralized by investment securities with a fair value equal to or in excess of the secured borrowing liability. Decreases in security prices posted as collateral for repurchase agreements may require Schwab to transfer cash and/or additional securities deemed acceptable by the counterparty. To mitigate this risk, Schwab monitors the fair value of underlying securities pledged as collateral compared to the related liability. Our collateralized repurchase agreements with each external financial institution are considered to be enforceable master netting arrangements. However, we do not net these arrangements. As such, the secured short-term borrowings associated with these collateralized repurchase agreements are presented gross in the condensed consolidated balance sheets. Interest rate swaps : Schwab uses interest rate swaps to manage certain interest rate risk exposures. Schwab’s interest rate swaps are cleared through CCPs which require the Company to post initial margin as collateral against potential losses. Schwab pledges investment securities as collateral in order to meet the CCP’s initial margin requirements. Initial margin is posted through FCMs which serve as the intermediary between CCPs and Schwab. Our interest rate swaps are subject to enforceable master netting arrangements allowing a right of setoff within each FCM-CCP relationship; however, we do not net these positions. Therefore, interest rate swaps are presented gross in the condensed consolidated balance sheets. See Note 11 for additional information on the Company’s interest rate swaps. The following table presents information about our interest rate swaps, resale agreements, securities lending, repurchase agreements, and other activity depicting the potential effect of rights of setoff between these recognized assets and liabilities. Gross Gross Amounts Net Amounts Gross Amounts Not Offset in the Net Counterparty Collateral September 30, 2024 Assets Resale agreements (1) $ 13,591 $ — $ 13,591 $ — $ (13,591) (2) $ — Securities borrowed (3) 1,311 — 1,311 (1,270) (40) 1 Interest rate swaps (4) 1 — 1 — — (5) 1 Total $ 14,903 $ — $ 14,903 $ (1,270) $ (13,631) $ 2 Liabilities Repurchase agreements (6) $ 8,093 $ — $ 8,093 $ — $ (8,093) $ — Securities loaned (7) 12,469 — 12,469 (1,270) (10,648) 551 Secured short-term borrowings (8) 2,500 — 2,500 — (2,500) — Interest rate swaps (4) — — — — — (5) — Total $ 23,062 $ — $ 23,062 $ (1,270) $ (21,241) $ 551 December 31, 2023 Assets Resale agreements (1) $ 8,844 $ — $ 8,844 $ — $ (8,844) (2) $ — Securities borrowed (3) 1,563 — 1,563 (1,307) (253) 3 Interest rate swaps (4) — — — — — (5) — Total $ 10,407 $ — $ 10,407 $ (1,307) $ (9,097) $ 3 Liabilities Repurchase agreements (6) $ 4,903 $ — $ 4,903 $ — $ (4,903) $ — Securities loaned (7) 5,397 — 5,397 (1,307) (3,619) 471 Secured short-term borrowings (8) 1,650 — 1,650 — (1,650) — Interest rate swaps (4) — — — — — (5) — Total $ 11,950 $ — $ 11,950 $ (1,307) $ (10,172) $ 471 (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 September 30, 2024 and December 31, 2023, the fair value of collateral received in connection with resale agreements that are available to be repledged or sold was $13.8 billion and $9.0 billion, respectively. (3) Included in other assets in the condensed consolidated balance sheets. (4) Derivative assets are included in other assets and derivative liabilities are included in accrued expenses and other liabilities in the condensed consolidated balance sheets. Derivative liabilities as of September 30, 2024 and derivative assets and liabilities as of December 31, 2023 were less than $500 thousand. (5) At September 30, 2024 and December 31, 2023, the fair value of initial margin pledged as collateral related to interest rate swaps was $188 million and $195 million, respectively. See Notes 4 and 11 for additional information. (6) Included in other short-term borrowings in the condensed consolidated balance sheets. Actual collateral value was greater than or equal to the value of the related liabilities. At September 30, 2024 and December 31, 2023, the fair value of collateral pledged in connection with repurchase agreements was $8.6 billion and $5.3 billion, respectively. See Note 8 for additional information. (7) Included in accrued expenses and other liabilities in the condensed consolidated balance sheets. Securities loaned are predominantly comprised of equity securities held in client brokerage accounts. At September 30, 2024, $7.5 billion of securities loaned had overnight and continuous remaining contractual maturities and $5.0 billion of securities loaned had contractual maturities of 30 - 95 days. At December 31, 2023, remaining contractual maturities of securities loaned were predominantly overnight and continuous. The cash collateral received from counterparties under securities lending transactions was equal to or greater than the market value of the securities loaned at September 30, 2024 and December 31, 2023. (8) Included in other 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: September 30, 2024 December 31, 2023 Fair value of client securities available to be pledged $ 101,320 $ 86,911 Fair value of securities pledged for: Fulfillment of requirements with the Options Clearing Corporation (1) $ 20,040 $ 13,355 Fulfillment of client short sales 6,144 7,009 Securities lending to other broker-dealers 11,725 4,688 Collateral for secured short-term borrowings 3,292 1,991 Total collateral pledged to third-parties $ 41,201 $ 27,043 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 $163 million and $179 million at September 30, 2024 and December 31, 2023, respectively. (1)

Fair Values of Assets and Liabi

Fair Values of Assets and Liabilities	9 Months Ended
	Sep. 30, 2024
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, certain other assets, interest rate swaps, and certain 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, and we generally obtain prices from three independent third-party pricing sources for such assets recorded at fair value. Our primary independent pricing service provides prices for our fixed income investments such as commercial paper; certificates of deposits; 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 interest rate swaps, securities sold but not yet purchased, and 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 fair values of securities sold but not yet purchased are based on quoted market prices or other observable market data. 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 condensed 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. The fair values of interest rate swaps are based on market observable interest rate yield curves. Fair value measurements are priced considering the coupon rate of the fixed leg of the contract and the variable coupon rate on the floating leg of the contract. Valuation is based on both spot and forward rates on the swap yield curve. The Company validates its valuations with counterparty quotations from CCPs. See Note 11 for additional information on the Company’s interest rate swaps. For a description of the fair value hierarchy and Schwab’s fair value methodologies, see Item 8 – Note 2 in the 2023 Form 10-K. The Company did not adjust prices received from the primary independent third-party pricing service at September 30, 2024 or December 31, 2023. 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: September 30, 2024 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 14,694 $ — $ — $ 14,694 Total cash equivalents 14,694 — — 14,694 Investments segregated and on deposit for regulatory purposes: U.S. Government securities — 17,569 — 17,569 Total investments segregated and on deposit for regulatory purposes — 17,569 — 17,569 Available for sale securities: U.S. agency mortgage-backed securities — 56,280 — 56,280 U.S. Treasury securities — 15,623 — 15,623 Corporate debt securities — 10,246 — 10,246 Asset-backed securities — 6,630 — 6,630 Foreign government agency securities — 523 — 523 U.S. state and municipal securities — 585 — 585 Non-agency commercial mortgage-backed securities — 112 — 112 Other — 19 — 19 Total available for sale securities — 90,018 — 90,018 Other assets: Other securities owned: Equity, corporate debt, and other securities 1,318 85 — 1,403 Mutual funds and ETFs 981 — — 981 State and municipal debt obligations — 42 — 42 U.S. Government securities — 12 — 12 Total other securities owned 2,299 139 — 2,438 Interest rate swaps — 1 — 1 Total other assets 2,299 140 — 2,439 Total assets $ 16,993 $ 107,727 $ — $ 124,720 Accrued expenses and other liabilities: Other $ 2,084 $ 36 $ — $ 2,120 Total accrued expenses and other liabilities 2,084 36 — 2,120 Total liabilities $ 2,084 $ 36 $ — $ 2,120 December 31, 2023 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 14,573 $ — $ — $ 14,573 Total cash equivalents 14,573 — — 14,573 Investments segregated and on deposit for regulatory purposes: U.S. Government securities — 20,358 — 20,358 Total investments segregated and on deposit for regulatory purposes — 20,358 — 20,358 Available for sale securities: U.S. agency mortgage-backed securities — 62,795 — 62,795 U.S. Treasury securities — 21,471 — 21,471 Corporate debt securities — 12,484 — 12,484 Asset-backed securities — 9,087 — 9,087 Foreign government agency securities — 1,002 — 1,002 U.S. state and municipal securities — 579 — 579 Non-agency commercial mortgage-backed securities — 109 — 109 Certificates of deposit — 100 — 100 Other — 19 — 19 Total available for sale securities — 107,646 — 107,646 Other assets: Other securities owned: Equity, corporate debt, and other securities 992 73 — 1,065 Mutual funds and ETFs 795 — — 795 State and municipal debt obligations — 27 — 27 U.S. Government securities — 26 — 26 Total other securities owned 1,787 126 — 1,913 Total other assets 1,787 126 — 1,913 Total assets $ 16,360 $ 128,130 $ — $ 144,490 Accrued expenses and other liabilities: Other $ 1,644 $ 89 $ — $ 1,733 Total accrued expenses and other liabilities 1,644 89 — 1,733 Total liabilities $ 1,644 $ 89 $ — $ 1,733 Fair Value of Other Financial Instruments The following tables present the fair value hierarchy for other financial instruments: September 30, 2024 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 20,156 $ 20,156 $ — $ — $ 20,156 Cash and investments segregated and on deposit for 16,055 2,505 13,550 — 16,055 Receivables from brokerage clients — net 73,958 — 73,958 — 73,958 Held to maturity securities: U.S. agency mortgage-backed securities 149,862 — 140,997 — 140,997 Total held to maturity securities 149,862 — 140,997 — 140,997 Bank loans — net: First Mortgages 26,785 — 23,959 — 23,959 HELOCs 434 — 465 — 465 Pledged asset lines 15,713 — 15,713 — 15,713 Other 379 — 379 — 379 Total bank loans — net 43,311 — 40,516 — 40,516 Other assets 5,055 — 5,055 — 5,055 Liabilities Bank deposits $ 246,462 $ — $ 246,462 $ — $ 246,462 Payables to brokerage clients 89,164 — 89,164 — 89,164 Accrued expenses and other liabilities 17,551 — 17,551 — 17,551 Other short-term borrowings 10,593 — 10,593 — 10,593 Federal Home Loan Bank borrowings 22,600 — 22,600 — 22,600 Long-term debt 22,387 — 22,013 — 22,013 December 31, 2023 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 28,764 $ 28,764 $ — $ — $ 28,764 Cash and investments segregated and on deposit for 11,438 2,628 8,810 — 11,438 Receivables from brokerage clients — net 68,629 — 68,629 — 68,629 Held to maturity securities: U.S. agency mortgage-backed securities 159,452 — 147,091 — 147,091 Total held to maturity securities 159,452 — 147,091 — 147,091 Bank loans — net: First Mortgages 26,121 — 23,226 — 23,226 HELOCs 477 — 508 — 508 Pledged asset lines 13,548 — 13,548 — 13,548 Other 293 — 293 — 293 Total bank loans — net 40,439 — 37,575 — 37,575 Other assets 4,960 — 4,960 — 4,960 Liabilities Bank deposits $ 289,953 $ — $ 289,953 $ — $ 289,953 Payables to brokerage clients 84,786 — 84,786 — 84,786 Accrued expenses and other liabilities 7,609 — 7,609 — 7,609 Other short-term borrowings 6,553 — 6,553 — 6,553 Federal Home Loan Bank borrowings 26,400 — 26,400 — 26,400 Long-term debt 26,043 — 25,000 — 25,000

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity On July 27, 2022, CSC publicly announced that its Board of Directors approved a share repurchase authorization to repurchase up to $15.0 billion of common stock, replacing the previous and now terminated share repurchase authorization of 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 during the three and nine months ended September 30, 2024, and for the three months ended September 30, 2023. CSC repurchased 37 million shares of its common stock for $2.8 billion during the nine months ended September 30, 2023. As of September 30, 2024, approximately $8.7 billion remained on the authorization. There were no repurchases of CSC ’s preferred stock during the three and nine months ended September 30, 2024 , and for the three months ended September 30, 2023 . The Company repurchased 11,620 depositary shares representing interests in Series F preferred stock for $11 million, 42,036 depositary shares representing interests in Series G preferred stock for $42 million, 273,251 depositary shares representing interests in Series H preferred stock for $235 million, and 194,567 depositary shares representing interests in Series I preferred stock for $179 million on the open market during the nine months ended September 30, 2023 . The repurchase prices are inclusive of $3 million of dividends accrued by the stockholders as of the repurchase date. Share repurchases, net of issuances, are subject to a nondeductible excise tax which was recognized as a direct and incremental cost associated with these transactions. The Company’s preferred stock issued and outstanding is as follows: Liquidation Preference Per Share Dividend Rate in Effect at September 30, 2024 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 September 30, 2024 (1) December 31, 2023 (1) September 30, 2024 December 31, 2023 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 F 4,884 4,884 100,000 481 481 10/31/17 5.000 % 12/01/27 12/01/27 3M LIBOR (4) 2.575 % Series G (2) 24,580 24,580 100,000 2,428 2,428 04/30/20 5.375 % 06/01/25 06/01/25 5-Year Treasury 4.971 % Series H (3) 22,267 22,267 100,000 2,200 2,200 12/11/20 4.000 % 12/01/30 12/01/30 10-Year Treasury 3.079 % Series I (2) 20,554 20,554 100,000 2,030 2,030 03/18/21 4.000 % 06/01/26 06/01/26 5-Year Treasury 3.168 % Series K (2) 7,500 7,500 100,000 740 740 03/04/22 5.000 % 06/01/27 06/01/27 5-Year Treasury 3.256 % Total preferred 1,429,785 1,429,785 $ 9,191 $ 9,191 (1) Represented by depositary shares. (2) The dividend rate for Series G, Series I, and Series K 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 reset/floating-rate for Series F will be determined by the calculation agent prior to the commencement of the floating-rate period using what the calculation agent determines to be the industry-accepted substitute or successor base rate to LIBOR. N/A Not applicable. Dividends declared on the Company’s preferred stock are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total Per Share Total Per Share Total Per Share Total Declared (1) Per Share Series D (2) $ 11.2 $ 14.88 $ 11.2 $ 14.88 $ 33.5 $ 44.64 $ 33.5 $ 44.64 Series F (3) — — — — 12.2 2,500.00 12.2 2,500.00 Series G (2) 33.0 1,343.75 33.0 1,343.75 99.0 4,031.25 99.3 4,031.25 Series H (2) 22.2 1,000.00 22.2 1,000.00 66.7 3,000.00 68.2 3,000.00 Series I (2) 20.6 1,000.00 20.6 1,000.00 61.8 3,000.00 62.5 3,000.00 Series J (2) 6.7 11.13 6.7 11.13 20.1 33.39 20.1 33.39 Series K (2) 9.3 1,250.00 9.3 1,250.00 28.1 3,750.00 28.1 3,750.00 Total $ 103.0 $ 103.0 $ 321.4 $ 323.9 (1) Excludes $3 million of dividends declared on Series G, H and I, and accrued by stockholders as of the repurchase date. Such dividends were part of the consideration paid upon repurchase of the depositary shares during the nine months ended September 30, 2023. (2) Dividends paid quarterly. (3) Dividends paid semi-annually until December 1, 2027 and quarterly thereafter.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2024
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 June 30, 2023 $ (20,730) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $(182) (538) Other reclassifications included in other revenue, net of tax expense (benefit) of $6 18 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $147 498 Balance at September 30, 2023 $ (20,752) Balance at June 30, 2024 $ (16,936) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $577 1,857 Other reclassifications included in other revenue, net of tax expense (benefit) of $2 8 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $134 442 Other (1) 11 Balance at September 30, 2024 $ (14,618) Balance at December 31, 2022 $ (22,621) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $79 367 Other reclassifications included in other revenue, net of tax expense (benefit) of $11 33 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $420 1,476 Other, net of tax expense (benefit) of $(2) (7) Balance at September 30, 2023 $ (20,752) Balance at December 31, 2023 $ (18,131) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $654 2,153 Other reclassifications included in other revenue, net of tax expense (benefit) of $7 23 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $387 1,336 Other (1) 1 Balance at September 30, 2024 $ (14,618) (1) Tax expense (benefit) was less than $500 thousand.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share The Company has voting and nonvoting common stock outstanding. As 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. The if-converted method assumes conversion of all nonvoting common stock to common stock. For further details surrounding the EPS computation, see Item 8 – Note 25 in the 2023 Form 10-K. EPS under the basic and diluted computations for both common stock and nonvoting common stock are as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Common Nonvoting Common Nonvoting Common Nonvoting Common Nonvoting Basic earnings per share: Numerator Net income $ 1,369 $ 39 $ 1,094 $ 31 $ 3,988 $ 114 $ 3,910 $ 112 Preferred stock dividends and other (1) (106) (3) (105) (3) (332) (9) (291) (8) Net income available to common stockholders $ 1,263 $ 36 $ 989 $ 28 $ 3,656 $ 105 $ 3,619 $ 104 Denominator Weighted-average common shares outstanding 1,778 51 1,770 51 1,776 51 1,774 51 Basic earnings per share $ .71 $ .71 $ .56 $ .56 $ 2.06 $ 2.06 $ 2.04 $ 2.04 Diluted earnings per share: Numerator Net income available to common stockholders $ 1,263 $ 36 $ 989 $ 28 $ 3,656 $ 105 $ 3,619 $ 104 Reallocation of net income available to common 36 — 28 — 105 — 104 — Allocation of net income available to common $ 1,299 $ 36 $ 1,017 $ 28 $ 3,761 $ 105 $ 3,723 $ 104 Denominator Weighted-average common shares outstanding — 1,778 51 1,770 51 1,776 51 1,774 51 Conversion of nonvoting shares to voting shares 51 — 51 — 51 — 51 — Common stock equivalent shares related to stock 5 — 6 — 6 — 7 — Weighted-average common shares outstanding — diluted (2) 1,834 51 1,827 51 1,833 51 1,832 51 Diluted earnings per share $ .71 $ .71 $ .56 $ .56 $ 2.05 $ 2.05 $ 2.03 $ 2.03 (1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units. (2) Antidilutive stock options and restricted stock units excluded from the calculation of diluted EPS totaled 14 million and 18 million for the three and nine months ended September 30, 2024, respectively, and 15 million and 18 million for the three and nine months ended September 30, 2023, respectively.

Regulatory Requirements

Regulatory Requirements	9 Months Ended
	Sep. 30, 2024
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Requirements	Regulatory Requirements At September 30, 2024, CSC and its banking subsidiaries met all of their respective capital requirements. Regulatory capital and ratios for CSC (consolidated) and CSB are as follows: Actual Minimum to be Minimum Capital Requirement September 30, 2024 Amount Ratio Amount Ratio Amount Ratio (1) CSC Common Equity Tier 1 Risk-Based Capital $ 34,501 29.1 % N/A $ 5,338 4.5 % Tier 1 Risk-Based Capital 43,692 36.8 % N/A 7,117 6.0 % Total Risk-Based Capital 43,721 36.9 % N/A 9,489 8.0 % Tier 1 Leverage 43,692 9.7 % N/A 18,030 4.0 % Supplementary Leverage Ratio 43,692 9.6 % N/A 13,618 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 32,225 40.6 % $ 5,165 6.5 % $ 3,576 4.5 % Tier 1 Risk-Based Capital 32,225 40.6 % 6,357 8.0 % 4,768 6.0 % Total Risk-Based Capital 32,246 40.6 % 7,946 10.0 % 6,357 8.0 % Tier 1 Leverage 32,225 11.2 % 14,396 5.0 % 11,517 4.0 % Supplementary Leverage Ratio 32,225 11.1 % N/A 8,700 3.0 % December 31, 2023 CSC Common Equity Tier 1 Risk-Based Capital $ 31,411 24.5 % N/A $ 5,770 4.5 % Tier 1 Risk-Based Capital 40,602 31.7 % N/A 7,694 6.0 % Total Risk-Based Capital 40,645 31.7 % N/A 10,258 8.0 % Tier 1 Leverage 40,602 8.5 % N/A 19,043 4.0 % Supplementary Leverage Ratio 40,602 8.5 % N/A 14,379 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 31,777 37.9 % $ 5,448 6.5 % $ 3,771 4.5 % Tier 1 Risk-Based Capital 31,777 37.9 % 6,705 8.0 % 5,029 6.0 % Total Risk-Based Capital 31,816 38.0 % 8,381 10.0 % 6,705 8.0 % Tier 1 Leverage 31,777 10.1 % 15,793 5.0 % 12,634 4.0 % Supplementary Leverage Ratio 31,777 10.0 % N/A 9,540 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. As of September 30, 2024, CSC was subject to a stress capital buffer of 2.5%. In addition, 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 September 30, 2024, 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 September 30, 2024, CSB is considered well capitalized (the highest category) under its respective regulatory capital rules. There are no conditions or events since September 30, 2024 that management believes have changed CSB’s capital category. CSC’s other banking subsidiaries are Charles Schwab Premier Bank, SSB (CSPB) and Charles Schwab Trust Bank (Trust Bank). CSPB is a Texas state-chartered savings bank that provides banking and custody services, and Trust Bank is a Nevada state-chartered savings bank that provides trust and custody services. At September 30, 2024, the balance sheets of CSPB and Trust Bank consisted primarily of investment securities, and the entities held total assets of $25.8 billion and $9.6 billion, respectively. Based on their regulatory capital ratios, at September 30, 2024, CSPB and Trust Bank are considered well capitalized under their respective regulatory capital rules. Net capital and net capital requirements for CS&Co are as follows: September 30, 2024 December 31, 2023 CS&Co Net capital $ 9,888 $ 5,629 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances 1,786 1,069 Net capital in excess of required net capital $ 8,102 $ 4,560 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 September 30, 2024. 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. Following the completion of the final client account conversions to CS&Co from the Ameritrade broker-dealers in May 2024, TD Ameritrade, Inc. and TDAC subsequently submitted Uniform Requests for Broker-Dealer Withdrawal (BDW) to terminate their registration as broker-dealers with the SEC, the Financial Industry Regulatory Authority, Inc. (FINRA), and other applicable regulatory organizations. As of September 30, 2024, TDAC continued to be registered as a broker-dealer and was in compliance with its respective net capital requirements. As of September 30, 2024, TD Ameritrade, Inc. was no longer registered as a broker-dealer with the SEC and FINRA and was not subject to the Uniform Net Capital Rule.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 2023 2024 2023 2024 2023 Net Revenues Net interest revenue $ 1,755 $ 1,710 $ 467 $ 527 $ 2,222 $ 2,237 Asset management and administration fees 1,046 877 430 347 1,476 1,224 Trading revenue 706 672 91 96 797 768 Bank deposit account fees 114 157 38 48 152 205 Other 166 144 34 28 200 172 Total net revenues 3,787 3,560 1,060 1,046 4,847 4,606 Expenses Excluding Interest 2,262 2,356 743 867 3,005 3,223 Income before taxes on income $ 1,525 $ 1,204 $ 317 $ 179 $ 1,842 $ 1,383 Nine Months Ended September 30, Net Revenues Net interest revenue $ 5,212 $ 5,448 $ 1,401 $ 1,849 $ 6,613 $ 7,297 Asset management and administration fees 2,966 2,523 1,241 992 4,207 3,515 Trading revenue 2,104 2,148 287 315 2,391 2,463 Bank deposit account fees 362 396 126 135 488 531 Other 469 451 109 121 578 572 Total net revenues 11,113 10,966 3,164 3,412 14,277 14,378 Expenses Excluding Interest 6,758 6,780 2,132 2,414 8,890 9,194 Income before taxes on income $ 4,355 $ 4,186 $ 1,032 $ 998 $ 5,387 $ 5,184

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income	$ 1,408	$ 1,125	$ 4,102	$ 4,022

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2024 shares	Sep. 30, 2024 shares
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Carrie Schwab-Pomerantz [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		During the three months ended September 30, 2024, certain of our directors and officers adopted or terminated trading arrangements for the sale of shares of our common stock as follows: Plans Action Date Rule 10b5-1 (1) Non-Rule 10b5-1 (2) Number of Securities to be Sold Latest Expiration (3) Carrie Schwab-Pomerantz, Director Adoption 8/14/2024 x — 240,000 (4) 10/16/2025 (1) Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). (2) Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). (3) Plans expire at the close of trading on the date presented or at such earlier date upon the completion of all trades under the plan (or the expiration of the orders relating to such trades without execution). (4) Includes 96,000 shares to be sold by a trust for which the director’s spouse is a trustee.
Name	Carrie Schwab-Pomerantz
Title	Director
Rule 10b5-1 Arrangement Adopted	true
Non-Rule 10b5-1 Arrangement Adopted	false
Adoption Date	8/14/2024
Arrangement Duration	428 days
Aggregate Available	240,000	240,000
Common Stock, Sold By Trust [Member] | Carrie Schwab-Pomerantz [Member]
Trading Arrangements, by Individual
Aggregate Available	96,000	96,000

New Accounting Standards (Polic

New Accounting Standards (Policy)	9 Months Ended
	Sep. 30, 2024
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 2023 Form 10-K.
Adoption of New Accounting Standards and New Accounting Standards Not Yet Adopted	Adoption of New Accounting Standards Standard Description Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update ( ASU ) 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” Requires annual and interim disclosure of significant segment expenses that are provided to the chief operating decision maker (CODM) and included in segment profit or loss. Also requires disclosure of the CODM’s title and position and how the CODM uses reported segment profit or loss information in assessing segment performance and allocating resources. All required segment disclosures will be presented both on an interim and annual basis. Adoption requires retrospective application as of the earliest comparative period presented in the financial statements. January 1, 2024 (applies to the annual financial statements for 2024 and interim periods thereafter) The Company does not expect this guidance will have a material impact on its financial statements or disclosures. New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” Expands income tax disclosures, primarily by enhancing the rate reconciliation table and requiring additional disaggregated information about income taxes paid. Adoption allows retrospective or prospective application, with early adoption permitted. January 1, 2025 The Company does not expect this guidance will have a material impact on its financial statements or disclosures.
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, certain other assets, interest rate swaps, and certain 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, and we generally obtain prices from three independent third-party pricing sources for such assets recorded at fair value. Our primary independent pricing service provides prices for our fixed income investments such as commercial paper; certificates of deposits; 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 interest rate swaps, securities sold but not yet purchased, and 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 fair values of securities sold but not yet purchased are based on quoted market prices or other observable market data. 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 condensed 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. The fair values of interest rate swaps are based on market observable interest rate yield curves. Fair value measurements are priced considering the coupon rate of the fixed leg of the contract and the variable coupon rate on the floating leg of the contract. Valuation is based on both spot and forward rates on the swap yield curve. The Company validates its valuations with counterparty quotations from CCPs. See Note 11 for additional information on the Company’s interest rate swaps.

New Accounting Standards (Table

New Accounting Standards (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements	Adoption of New Accounting Standards Standard Description Date of Adoption Effects on the Financial Statements or Other Significant Matters Accounting Standards Update ( ASU ) 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” Requires annual and interim disclosure of significant segment expenses that are provided to the chief operating decision maker (CODM) and included in segment profit or loss. Also requires disclosure of the CODM’s title and position and how the CODM uses reported segment profit or loss information in assessing segment performance and allocating resources. All required segment disclosures will be presented both on an interim and annual basis. Adoption requires retrospective application as of the earliest comparative period presented in the financial statements. January 1, 2024 (applies to the annual financial statements for 2024 and interim periods thereafter) The Company does not expect this guidance will have a material impact on its financial statements or disclosures. New Accounting Standards Not Yet Adopted Standard Description Required Date of Adoption Effects on the Financial Statements or Other Significant Matters ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” Expands income tax disclosures, primarily by enhancing the rate reconciliation table and requiring additional disaggregated information about income taxes paid. Adoption allows retrospective or prospective application, with early adoption permitted. January 1, 2025 The Company does not expect this guidance will have a material impact on its financial statements or disclosures.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Disaggregation of Schwab’s revenue by major source is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Net interest revenue Cash and cash equivalents $ 369 $ 459 $ 1,205 $ 1,419 Cash and investments segregated 345 285 1,014 1,041 Receivables from brokerage clients 1,431 1,282 4,042 3,533 Available for sale securities 531 724 1,680 2,340 Held to maturity securities 650 706 1,998 2,172 Bank loans 484 426 1,384 1,227 Securities lending revenue 87 105 258 341 Other interest revenue 31 41 105 75 Interest revenue 3,928 4,028 11,686 12,148 Bank deposits (841) (911) (2,602) (2,392) Payables to brokerage clients (79) (66) (229) (205) Other short-term borrowings (150) (97) (382) (280) Federal Home Loan Bank borrowings (310) (477) (988) (1,387) Long-term debt (208) (193) (640) (489) Securities lending expense (118) (46) (230) (96) Other interest expense — (1) (2) (2) Interest expense (1,706) (1,791) (5,073) (4,851) Net interest revenue 2,222 2,237 6,613 7,297 Asset management and administration fees Mutual funds, ETFs, and CTFs 827 666 2,370 1,881 Advice solutions 559 476 1,572 1,393 Other 90 82 265 241 Asset management and administration fees 1,476 1,224 4,207 3,515 Trading revenue Commissions 388 394 1,184 1,210 Order flow revenue 357 325 1,066 1,104 Principal transactions 52 49 141 149 Trading revenue 797 768 2,391 2,463 Bank deposit account fees 152 205 488 531 Other 200 172 578 572 Total net revenues $ 4,847 $ 4,606 $ 14,277 $ 14,378 Note: For a summary of revenue provided by our reportable segments, see Note 18. The recognition of revenue is not impacted by the operating segment in which revenue is generated.

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2024
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: September 30, 2024 Amortized Gross Gross Fair Available for sale securities U.S. agency mortgage-backed securities $ 60,837 $ — $ 4,557 $ 56,280 U.S. Treasury securities 16,137 2 516 15,623 Corporate debt securities (1) 10,790 — 544 10,246 Asset-backed securities (2) 6,818 — 188 6,630 Foreign government agency securities 533 — 10 523 U.S. state and municipal securities 627 — 42 585 Non-agency commercial mortgage-backed securities 122 — 10 112 Other 21 — 2 19 Unallocated portfolio layer method fair value basis adjustments (3) (14) — (14) — Total available for sale securities $ 95,871 $ 2 $ 5,855 $ 90,018 Held to maturity securities U.S. agency mortgage-backed securities $ 149,862 $ 2,365 $ 11,230 $ 140,997 Total held to maturity securities $ 149,862 $ 2,365 $ 11,230 $ 140,997 December 31, 2023 Available for sale securities U.S. agency mortgage-backed securities $ 69,173 $ — $ 6,378 $ 62,795 U.S. Treasury securities 22,459 1 989 21,471 Corporate debt securities (1) 13,344 — 860 12,484 Asset-backed securities (2) 9,465 — 378 9,087 Foreign government agency securities 1,035 — 33 1,002 U.S. state and municipal securities 634 — 55 579 Non-agency commercial mortgage-backed securities 123 — 14 109 Certificates of deposit 100 — — 100 Other 22 — 3 19 Unallocated portfolio layer method fair value basis adjustments (3) (19) — (19) — Total available for sale securities $ 116,336 $ 1 $ 8,691 $ 107,646 Held to maturity securities U.S. agency mortgage-backed securities $ 159,452 $ 1,435 $ 13,796 $ 147,091 Total held to maturity securities $ 159,452 $ 1,435 $ 13,796 $ 147,091 (1) As of September 30, 2024 and December 31, 2023, approximately 34% and 36%, respectively, of the total AFS in corporate debt securities were issued by institutions in the financial services industry. (2) Approximately 57% and 61% of asset-backed securities held as of September 30, 2024 and December 31, 2023, respectively, were Federal Family Education Loan Program Asset-Backed Securities. Asset-backed securities collateralized by credit card receivables represented approximately 28% and 24% of the asset-backed securities held as of September 30, 2024 and December 31, 2023, respectively. (3) This represents the amount of portfolio layer method (PLM) fair value hedge basis adjustments related to AFS securities hedged in a closed portfolio. See Note 11 for more information on PLM hedge accounting.
Securities with Unrealized Losses, Aggregated by Category and Period of Continuous Unrealized Loss	AFS securities with unrealized losses, aggregated by category and period of continuous unrealized loss, are as follows: Less than 12 months 12 months or longer Total September 30, 2024 Fair Unrealized Fair Unrealized Fair Unrealized Available for sale securities U.S. agency mortgage-backed securities $ — $ — $ 56,280 $ 4,557 $ 56,280 $ 4,557 U.S. Treasury securities (1) 242 — 13,878 516 14,120 516 Corporate debt securities — — 10,246 544 10,246 544 Asset-backed securities — — 6,618 188 6,618 188 Foreign government agency securities — — 523 10 523 10 U.S. state and municipal securities — — 585 42 585 42 Non-agency commercial mortgage-backed securities — — 112 10 112 10 Other — — 19 2 19 2 Total (2) $ 242 $ — $ 88,261 $ 5,869 $ 88,503 $ 5,869 December 31, 2023 Available for sale securities U.S. agency mortgage-backed securities (1) $ 1 $ — $ 62,794 $ 6,378 $ 62,795 $ 6,378 U.S. Treasury securities — — 19,450 989 19,450 989 Corporate debt securities — — 12,484 860 12,484 860 Asset-backed securities (1) 29 — 9,058 378 9,087 378 Foreign government agency securities — — 1,002 33 1,002 33 U.S. state and municipal securities — — 579 55 579 55 Non-agency commercial mortgage-backed securities — — 109 14 109 14 Other — — 19 3 19 3 Total (2) $ 30 $ — $ 105,495 $ 8,710 $ 105,525 $ 8,710 (1) Unrealized losses less than 12 months amounts were less than $500 thousand. (2) For purposes of this table, unrealized losses on AFS securities excludes the unallocated PLM fair value hedge basis adjustments of $14 million and $19 million at September 30, 2024 and December 31, 2023, respectively.
Schedule of Estimated Effective Duration, Investments	The following table presents the Company’s estimated effective duration, which reflects anticipated future payments, by category at September 30, 2024: In years Estimated effective duration, exclusive of derivatives: AFS investment securities portfolio 2.3 AFS and HTM investment securities portfolio 3.9 Estimated effective duration, inclusive of derivatives (1) : AFS investment securities portfolio 2.0 AFS and HTM investment securities portfolio 3.8 (1) See Note 11 for additional discussion on the Company’s derivatives.
Maturities of Securities Available for Sale and Held to Maturity	The maturities of AFS and HTM investment securities are as follows: September 30, 2024 Within After 1 year After 5 years After Total Available for sale securities U.S. agency mortgage-backed securities $ 3,200 $ 8,202 $ 9,941 $ 34,937 $ 56,280 U.S. Treasury securities 9,254 6,369 — — 15,623 Corporate debt securities 4,651 4,075 1,520 — 10,246 Asset-backed securities 9 1,944 1,282 3,395 6,630 Foreign government agency securities 523 — — — 523 U.S. state and municipal securities — 106 436 43 585 Non-agency commercial mortgage-backed securities — — — 112 112 Other — — — 19 19 Total fair value $ 17,637 $ 20,696 $ 13,179 $ 38,506 $ 90,018 Total amortized cost (1) $ 17,861 $ 21,752 $ 14,326 $ 41,946 $ 95,885 Held to maturity securities U.S. agency mortgage-backed securities $ 1,646 $ 9,686 $ 35,593 $ 94,072 $ 140,997 Total fair value $ 1,646 $ 9,686 $ 35,593 $ 94,072 $ 140,997 Total amortized cost $ 1,667 $ 10,037 $ 37,043 $ 101,115 $ 149,862 (1) For purposes of this table, the amortized cost of AFS securities excludes the unallocated PLM fair value hedge basis adjustments of $14 million at September 30, 2024.
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 Nine Months Ended 2024 2023 2024 2023 Proceeds $ 886 $ 3,485 $ 2,929 $ 6,385 Gross realized gains — 1 — 1 Gross realized losses 10 25 30 45

Bank Loans and Related Allowa_2

Bank Loans and Related Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2024
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: September 30, 2024 Current 30-59 days 60-89 days > 90 days past (3) Total past due Total Allowance Total Residential real estate: First Mortgages (1,2) $ 26,744 $ 33 $ 2 $ 20 $ 55 $ 26,799 $ 14 $ 26,785 HELOCs (1,2) 430 1 1 3 5 435 1 434 Total residential real estate 27,174 34 3 23 60 27,234 15 27,219 Pledged asset lines 15,707 6 — — 6 15,713 — 15,713 Other 383 — — 1 1 384 5 379 Total bank loans $ 43,264 $ 40 $ 3 $ 24 $ 67 $ 43,331 $ 20 $ 43,311 December 31, 2023 Residential real estate: First Mortgages (1,2) $ 26,111 $ 33 $ 2 $ 7 $ 42 $ 26,153 $ 32 $ 26,121 HELOCs (1,2) 473 1 1 4 6 479 2 477 Total residential real estate 26,584 34 3 11 48 26,632 34 26,598 Pledged asset lines 13,533 11 — 4 15 13,548 — 13,548 Other 297 — — — — 297 4 293 Total bank loans $ 40,414 $ 45 $ 3 $ 15 $ 63 $ 40,477 $ 38 $ 40,439 (1) First Mortgages and HELOCs include unamortized premiums and discounts and direct origination costs of $107 million and $100 million at September 30, 2024 and December 31, 2023, respectively. (2) At September 30, 2024 and December 31, 2023, 42% and 43%, respectively, of the First Mortgage and HELOC portfolios were concentrated in California. 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 September 30, 2024 or December 31, 2023.
Changes in Allowance for Credit Losses on Bank Loans	Changes in the allowance for credit losses on bank loans were as follows: Three Months Ended September 30, 2024 First Mortgages HELOCs Total residential real estate Pledged asset lines Other Total Balance at beginning of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses — — — — — — Balance at end of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 September 30, 2023 Balance at beginning of period $ 68 $ 3 $ 71 $ — $ 4 $ 75 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (21) (1) (22) — 1 (21) Balance at end of period $ 47 $ 2 $ 49 $ — $ 5 $ 54 Nine Months Ended September 30, 2024 Balance at beginning of period $ 32 $ 2 $ 34 $ — $ 4 $ 38 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (18) (1) (19) — 1 (18) Balance at end of period $ 14 $ 1 $ 15 $ — $ 5 $ 20 September 30, 2023 Balance at beginning of period $ 66 $ 4 $ 70 $ — $ 3 $ 73 Charge-offs — — — — — — Recoveries — — — — — — Provision for credit losses (19) (2) (21) — 2 (19) Balance at end of period $ 47 $ 2 $ 49 $ — $ 5 $ 54
Credit Quality Indicators of First Mortgages and HELOCs	The credit quality indicators of the Company’s First Mortgages and HELOCs are detailed below: First Mortgages Amortized Cost Basis by Origination Year September 30, 2024 2024 2023 2022 2021 2020 pre-2020 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ — $ 2 $ 1 $ 1 $ 1 $ 5 $ — $ — $ — 620 – 679 21 5 26 29 18 12 111 — 1 1 680 – 739 228 264 741 1,109 372 230 2,944 48 32 80 ≥740 2,140 2,020 4,998 9,956 3,372 1,253 23,739 244 110 354 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Origination LTV ≤70% $ 1,649 $ 1,537 $ 4,279 $ 9,628 $ 3,136 $ 1,169 $ 21,398 $ 270 $ 100 $ 370 >70% – ≤90% 740 752 1,488 1,467 627 325 5,399 22 42 64 >90% – ≤100% — — — — — 2 2 — 1 1 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Updated FICO <620 $ 3 $ 7 $ 25 $ 16 $ 9 $ 16 $ 76 $ 2 $ 5 $ 7 620 – 679 18 30 63 108 44 34 297 7 8 15 680 – 739 219 202 523 820 278 157 2,199 44 22 66 ≥740 2,149 2,050 5,156 10,151 3,432 1,289 24,227 239 108 347 Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Estimated Current LTV (1) ≤70% $ 1,625 $ 1,778 $ 5,022 $ 10,944 $ 3,740 $ 1,492 $ 24,601 $ 289 $ 142 $ 431 >70% – ≤90% 764 511 729 150 21 4 2,179 3 1 4 >90% – ≤100% — — 14 — 2 — 16 — — — >100% — — 2 1 — — 3 — — — Total $ 2,389 $ 2,289 $ 5,767 $ 11,095 $ 3,763 $ 1,496 $ 26,799 $ 292 $ 143 $ 435 Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Percent of Loans on 0.01 % 0.01 % 0.11 % 0.04 % 0.03 % 0.51 % 0.07 % 0.07 % 2.28 % 0.69 % (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, 2023 2023 2022 2021 2020 pre-2020 Total First Mortgages Revolving HELOCs amortized cost basis HELOCs converted to term loans Total HELOCs Origination FICO <620 $ — $ 2 $ 1 $ 1 $ 1 $ 5 $ — $ — $ — 620 – 679 4 27 30 20 15 96 — 1 1 680 – 739 299 782 1,160 395 294 2,930 50 38 88 ≥740 2,391 5,258 10,439 3,558 1,476 23,122 261 129 390 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Origination LTV ≤70% $ 1,818 $ 4,492 $ 10,078 $ 3,306 $ 1,382 $ 21,076 $ 279 $ 117 $ 396 >70% – ≤90% 876 1,577 1,552 668 402 5,075 32 50 82 >90% – ≤100% — — — — 2 2 — 1 1 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Updated FICO <620 $ 4 $ 15 $ 19 $ 8 $ 17 $ 63 $ 2 $ 5 $ 7 620 – 679 46 77 87 38 50 298 6 10 16 680 – 739 265 575 984 316 169 2,309 48 26 74 ≥740 2,379 5,402 10,540 3,612 1,550 23,483 255 127 382 Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Estimated Current LTV (1) ≤70% $ 1,853 $ 4,855 $ 11,341 $ 3,960 $ 1,781 $ 23,790 $ 308 $ 167 $ 475 >70% – ≤90% 841 1,185 289 14 5 2,334 3 1 4 >90% – ≤100% — 28 — — — 28 — — — >100% — 1 — — — 1 — — — Total $ 2,694 $ 6,069 $ 11,630 $ 3,974 $ 1,786 $ 26,153 $ 311 $ 168 $ 479 Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Percent of Loans on 0.01 % 0.02 % 0.01 % 0.01 % 0.19 % 0.03 % 0.07 % 2.40 % 0.84 % (1) Represents the LTV for the full line of credit (drawn and undrawn) for revolving HELOCs.
Converting to Amortizing Loans	The following table presents when current outstanding HELOCs will convert to amortizing loans: September 30, 2024 Balance Converted to an amortizing loan by period end (1) $ 143 Within 1 year 16 > 1 year – 3 years 38 > 3 years – 5 years 35 > 5 years 203 Total $ 435 (1) Includes $4 million and $9 million of HELOCs converted to amortizing loans during the three and nine months ended September 30, 2024, respectively.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Aggregate Assets, Liabilities and Maximum Exposure to Loss from VIEs which Variable Interest is Held but not the Primary Beneficiary	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: September 30, 2024 December 31, 2023 Aggregate Aggregate Maximum Aggregate Aggregate Maximum LIHTC investments (1) $ 1,674 $ 934 $ 1,674 $ 1,407 $ 759 $ 1,407 Other investments (2) 209 — 241 179 — 231 Total $ 1,883 $ 934 $ 1,915 $ 1,586 $ 759 $ 1,638 (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 investments include non-LIHTC CRA investments that 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)	9 Months Ended
	Sep. 30, 2024
Deposit Liabilities [Abstract]
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: September 30, 2024 December 31, 2023 Interest-bearing deposits: Deposits swept from brokerage accounts $ 192,840 $ 220,274 Time certificates of deposit (1) 34,075 48,297 Checking 14,374 15,691 Savings and other 4,002 4,461 Total interest-bearing deposits 245,291 288,723 Non-interest-bearing deposits 1,171 1,230 Total bank deposits $ 246,462 $ 289,953 (1) Time certificates of deposit consist of brokered CDs. The weighted-average interest rates on outstanding time certificates of deposit at September 30, 2024 and December 31, 2023 were 5.18% and 5.15%, respectively. As of September 30, 2024 and December 31, 2023, there were no time deposits that were in excess of FDIC insurance limits or otherwise uninsured.
Annual Maturities on Time Certificates of Deposit Outstanding	Annual maturities on time certificates of deposit outstanding at September 30, 2024 are as follows: Balance 2024 $ 12,401 2025 21,674 Total $ 34,075

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Long-term Debt Including Unamortized Debt Discounts and Premiums	The following table lists long-term debt by instrument outstanding as of September 30, 2024 and December 31, 2023: Date of Issuance Principal Amount Outstanding September 30, 2024 December 31, 2023 CSC Fixed-rate Senior Notes: 3.550% due February 1, 2024 10/31/18 $ — $ 500 0.750% due March 18, 2024 03/18/21 — 1,500 3.750% due April 1, 2024 09/24/21 — 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 5.875% due August 24, 2026 08/24/23 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 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 1,000 CSC Floating-rate Senior Notes: SOFR + 0.500% due March 18, 2024 03/18/21 — 1,250 SOFR + 0.520% due May 13, 2026 05/13/21 500 500 SOFR + 1.050% due March 3, 2027 03/03/22 500 500 CSC Fixed-to-Floating rate Senior Notes: 5.643% due May 19, 2029 (1) 05/19/23 1,200 1,200 6.196% due November 17, 2029 (2) 11/17/23 1,300 1,300 5.853% due May 19, 2034 (3) 05/19/23 1,300 1,300 6.136% due August 24, 2034 (4) 08/24/23 1,350 1,350 Total CSC Senior Notes 22,262 25,862 Ameritrade Holding Fixed-rate Senior Notes: 3.750% due April 1, 2024 11/01/18 — 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 Ameritrade Holding Senior Notes 163 213 Finance lease liabilities 55 85 Unamortized premium — net 61 87 Debt issuance costs (99) (119) Total long-term debt $ 22,442 $ 26,128 (1) The May 2029 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.643%, payable semi-annually, until the interest reset date on May 19, 2028. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.210%, payable quarterly. (2) The November 2029 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 6.196%, payable semi-annually, until the interest reset date on November 17, 2028. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 1.878%, payable quarterly. (3) The May 2034 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 5.853%, payable semi-annually, until the interest reset date on May 19, 2033. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.500%, payable quarterly. (4) The August 2034 fixed-to-floating rate Senior Notes bear interest at a fixed rate of 6.136%, payable semi-annually, until the interest reset date on August 24, 2033. On and after this date, these notes will bear interest at an annual floating rate of SOFR plus 2.010%, payable quarterly.
Annual Maturities on Debt Outstanding	Annual maturities on all long-term debt outstanding at September 30, 2024 are as follows: Maturities 2024 $ 6 2025 2,249 2026 4,112 2027 3,463 2028 1,950 Thereafter 10,700 Total maturities 22,480 Unamortized premium — net 61 Debt issuance costs (99) Total long-term debt $ 22,442 Annual maturities on FHLB borrowings and other short-term borrowings outstanding at September 30, 2024 are as follows: 2024 2025 Total FHLB borrowings $ 8,900 $ 13,700 $ 22,600 Other short-term borrowings 5,094 5,499 10,593 Total $ 13,994 $ 19,199 $ 33,193

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments to Extend Credit on Lines of Credit and to Purchase First Mortgages	The Company’s commitments to extend credit on lines of credit and to purchase First Mortgages are as follows: September 30, 2024 December 31, 2023 Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit $ 1,962 $ 2,996 Commitments to purchase First Mortgage loans 958 351 Total $ 2,920 $ 3,347

Exit and Other Related Liabil_2

Exit and Other Related Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Activity in Exit and Other Related Liabilities	The following is a summary of the Ameritrade integration activity in the Company’s exit and other related liabilities as of September 30, 2024 and activity for the nine months ended September 30, 2024: Investor Services Advisor Services Total Balance at December 31, 2023 (1) $ 42 $ 12 $ 54 Amounts recognized in expense (2) 7 3 10 Costs paid or otherwise settled (47) (13) (60) Balance at September 30, 2024 (1) $ 2 $ 2 $ 4 (1) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. (2) Amounts recognized in expense for severance pay and other termination benefits, as well as retention costs, are included in compensation and benefits on the condensed consolidated statements of income. The following is a summary of the restructuring activity in the Company’s exit and other related liabilities as of September 30, 2024 and activity for the nine months ended September 30, 2024: Investor Services Advisor Services Total Balance at December 31, 2023 (1) $ 171 $ 63 $ 234 Amounts recognized in expense (2) (25) (9) (34) Costs paid or otherwise settled (146) (54) (200) Balance at September 30, 2024 (1) $ — $ — $ — (1) Included in accrued expenses and other liabilities on the condensed consolidated balance sheets. (2) Amounts recognized in expense for severance pay and other termination benefits are included in compensation and benefits on the condensed consolidated statements of income. The nine months ended September 30, 2024 includes a reduction of the liability resulting from changes in estimates of $27 million and $9 million in Investor Services and Advisor Services, respectively.
Summary of Exit and Other Related Costs Recognized in Expense	The following table summarizes the Ameritrade integration exit and other related costs recognized in expense for the three and nine months ended September 30, 2024: Investor Services Advisor Services Three Months Ended September 30, 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 $ 3 $ — $ 3 $ 2 $ — $ 2 $ 5 Occupancy and equipment — 1 1 — — — 1 Depreciation and amortization — 5 5 — 3 3 8 Total $ 3 $ 6 $ 9 $ 2 $ 3 $ 5 $ 14 Investor Services Advisor Services Nine Months Ended September 30, 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 $ 7 $ — $ 7 $ 3 $ — $ 3 $ 10 Occupancy and equipment — 2 2 — — — 2 Depreciation and amortization — 9 9 — 4 4 13 Other — 2 2 — — — 2 Total $ 7 $ 13 $ 20 $ 3 $ 4 $ 7 $ 27 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of right-of-use (ROU) assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the Ameritrade integration exit and other related costs recognized in expense for the three and nine months ended September 30, 2023: Investor Services Advisor Services Three Months Ended September 30, 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 $ 9 $ — $ 9 $ — $ — $ — $ 9 Occupancy and equipment — 3 3 — — — 3 Other — 4 4 — — — 4 Total $ 9 $ 7 $ 16 $ — $ — $ — $ 16 Investor Services Advisor Services Nine Months Ended September 30, 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 $ 20 $ — $ 20 $ 3 $ — $ 3 $ 23 Occupancy and equipment — 6 6 — 2 2 8 Other — 18 18 — 7 7 25 Total $ 20 $ 24 $ 44 $ 3 $ 9 $ 12 $ 56 (1) Costs related to facility closures. These costs, which are comprised of impairment and accelerated amortization of ROU assets, relate to the impact of abandoning leased properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the Ameritrade integration exit and other related costs incurred from October 6, 2020 through September 30, 2024: 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 $ 250 $ — $ 250 $ 68 $ — $ 68 $ 318 Occupancy and equipment — 42 42 — 9 9 51 Depreciation and amortization — 11 11 — 5 5 16 Professional services — 1 1 — — — 1 Other — 22 22 — 7 7 29 Total $ 250 $ 76 $ 326 $ 68 $ 21 $ 89 $ 415 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and accelerated depreciation of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The were no restructuring exit and other related costs recognized in expense for the three months ended September 30, 2024. The following table summarizes the restructuring exit and other related costs (benefits) recognized in expense for the nine months ended September 30, 2024: Investor Services Advisor Services Nine Months Ended September 30, 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 $ (25) $ — $ (25) $ (9) $ — $ (9) $ (34) Occupancy and equipment — 2 2 — 1 1 3 Other — 10 10 — 3 3 13 Total $ (25) $ 12 $ (13) $ (9) $ 4 $ (5) $ (18) (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and impairment of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the restructuring exit and other related costs recognized in expense for the three and nine months ended September 30, 2023: Investor Services Advisor Services Three and Nine Months Ended September 30, 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 $ 202 $ — $ 202 $ 74 $ — $ 74 $ 276 Occupancy and equipment — 1 1 — 1 1 2 Other — 1 1 — — — 1 Total $ 202 $ 2 $ 204 $ 74 $ 1 $ 75 $ 279 (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 properties. Accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income. The following table summarizes the restructuring exit and other related costs incurred from July 1, 2023 through September 30, 2024: 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 $ 189 $ — $ 189 $ 69 $ — $ 69 $ 258 Occupancy and equipment — 15 15 — 5 5 20 Professional services — 4 4 — 1 1 5 Other — 144 144 — 50 50 194 Total $ 189 $ 163 $ 352 $ 69 $ 56 $ 125 $ 477 (1) Costs related to facility closures. These costs, which are primarily comprised of impairment and accelerated amortization of ROU assets and impairment of fixed assets, relate to the impact of abandoning leased and other properties. Impairment charges are included in other expense, while accelerated amortization of ROU assets are included in occupancy and equipment on the condensed consolidated statements of income.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Fair Values of Derivatives	The table below presents the gross fair values of the Company’s interest rate swaps designated as hedging instruments on the condensed consolidated balance sheets: September 30, 2024 December 31, 2023 Assets Liabilities Assets Liabilities Interest rate swaps (1,2) $ 1 $ — $ — $ — (1) Derivative assets are included in other assets and derivative liabilities are included in accrued expenses and other liabilities on the condensed consolidated balance sheets. Derivative liabilities as of September 30, 2024 and derivative assets and liabilities as of December 31, 2023 were less than $500 thousand. (2) Includes reductions related to variation margin settlements. Settlements on derivative positions cleared through CCPs are reflected as reductions to the associated derivative asset and liability balances. As of September 30, 2024, there was a $73 million reduction of derivative assets and an $8 million reduction of derivative liabilities related to variation margin settlements. As of December 31, 2023, there was an $87 million reduction of derivative assets and a $2 million reduction of derivative liabilities related to variation margin settlements.
Fair Value Hedge Derivatives	The following amounts were recorded in AFS securities on the condensed consolidated balance sheets related to fair value hedges: September 30, 2024 December 31, 2023 Amortized cost of hedged AFS securities (1,2) $ 8,837 $ 8,765 Cumulative fair value hedging adjustment included in the amortized cost of hedged AFS securities (1,2) (66) (85) (1) Includes the amortized cost basis of closed portfolios of AFS securities used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At September 30, 2024 and December 31, 2023, the amortized cost basis of the closed portfolios used in these hedging relationships was $2.0 billion and $2.1 billion, respectively, of which $1.5 billion and $1.6 billion, respectively, was designated in a portfolio layer hedging relationship. The cumulative basis adjustments associated with these hedging relationships were a reduction of the amortized cost basis of the closed portfolios of $14 million and $19 million at September 30, 2024 and December 31, 2023, respectively. (2) Excludes the amortized cost and fair value hedging adjustment of AFS securities for which hedge accounting has been discontinued. The cumulative amount of fair value hedging adjustments remaining for these securities was a reduction of the amortized cost basis of $2 million at September 30, 2024, which is recorded in AFS securities on the condensed consolidated balance sheets and amortized to interest revenue as a yield adjustment over the lives of the securities. At December 31, 2023, the cumulative amount of fair value hedging adjustments remaining for these securities was a reduction of less than $500 thousand. The table below presents the effect of the Company’s interest rate swaps designated as fair value hedges on the condensed consolidated statements of income: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Gain (loss) on fair value hedging relationships recognized in interest revenue: Hedged items $ 216 $ (182) $ 19 $ (304) Derivatives designated as hedging instruments (1) (214) 182 (19) 304 (1) Excludes net income from periodic interest accruals and receipts of $20 million and $36 million for the three and nine months ended September 30, 2024, respectively.

Financial Instruments Subject_2

Financial Instruments Subject to Off-Balance Sheet Credit Risk (Tables)	9 Months Ended
	Sep. 30, 2024
Offsetting [Abstract]
Offsetting Assets and Liabilities	The following table presents information about our interest rate swaps, resale agreements, securities lending, repurchase agreements, and other activity depicting the potential effect of rights of setoff between these recognized assets and liabilities. Gross Gross Amounts Net Amounts Gross Amounts Not Offset in the Net Counterparty Collateral September 30, 2024 Assets Resale agreements (1) $ 13,591 $ — $ 13,591 $ — $ (13,591) (2) $ — Securities borrowed (3) 1,311 — 1,311 (1,270) (40) 1 Interest rate swaps (4) 1 — 1 — — (5) 1 Total $ 14,903 $ — $ 14,903 $ (1,270) $ (13,631) $ 2 Liabilities Repurchase agreements (6) $ 8,093 $ — $ 8,093 $ — $ (8,093) $ — Securities loaned (7) 12,469 — 12,469 (1,270) (10,648) 551 Secured short-term borrowings (8) 2,500 — 2,500 — (2,500) — Interest rate swaps (4) — — — — — (5) — Total $ 23,062 $ — $ 23,062 $ (1,270) $ (21,241) $ 551 December 31, 2023 Assets Resale agreements (1) $ 8,844 $ — $ 8,844 $ — $ (8,844) (2) $ — Securities borrowed (3) 1,563 — 1,563 (1,307) (253) 3 Interest rate swaps (4) — — — — — (5) — Total $ 10,407 $ — $ 10,407 $ (1,307) $ (9,097) $ 3 Liabilities Repurchase agreements (6) $ 4,903 $ — $ 4,903 $ — $ (4,903) $ — Securities loaned (7) 5,397 — 5,397 (1,307) (3,619) 471 Secured short-term borrowings (8) 1,650 — 1,650 — (1,650) — Interest rate swaps (4) — — — — — (5) — Total $ 11,950 $ — $ 11,950 $ (1,307) $ (10,172) $ 471 (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 September 30, 2024 and December 31, 2023, the fair value of collateral received in connection with resale agreements that are available to be repledged or sold was $13.8 billion and $9.0 billion, respectively. (3) Included in other assets in the condensed consolidated balance sheets. (4) Derivative assets are included in other assets and derivative liabilities are included in accrued expenses and other liabilities in the condensed consolidated balance sheets. Derivative liabilities as of September 30, 2024 and derivative assets and liabilities as of December 31, 2023 were less than $500 thousand. (5) At September 30, 2024 and December 31, 2023, the fair value of initial margin pledged as collateral related to interest rate swaps was $188 million and $195 million, respectively. See Notes 4 and 11 for additional information. (6) Included in other short-term borrowings in the condensed consolidated balance sheets. Actual collateral value was greater than or equal to the value of the related liabilities. At September 30, 2024 and December 31, 2023, the fair value of collateral pledged in connection with repurchase agreements was $8.6 billion and $5.3 billion, respectively. See Note 8 for additional information. (7) Included in accrued expenses and other liabilities in the condensed consolidated balance sheets. Securities loaned are predominantly comprised of equity securities held in client brokerage accounts. At September 30, 2024, $7.5 billion of securities loaned had overnight and continuous remaining contractual maturities and $5.0 billion of securities loaned had contractual maturities of 30 - 95 days. At December 31, 2023, remaining contractual maturities of securities loaned were predominantly overnight and continuous. The cash collateral received from counterparties under securities lending transactions was equal to or greater than the market value of the securities loaned at September 30, 2024 and December 31, 2023. (8) Included in other short-term borrowings in the condensed consolidated balance sheets. See below for collateral pledged and Note 8 for additional information.
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: September 30, 2024 December 31, 2023 Fair value of client securities available to be pledged $ 101,320 $ 86,911 Fair value of securities pledged for: Fulfillment of requirements with the Options Clearing Corporation (1) $ 20,040 $ 13,355 Fulfillment of client short sales 6,144 7,009 Securities lending to other broker-dealers 11,725 4,688 Collateral for secured short-term borrowings 3,292 1,991 Total collateral pledged to third-parties $ 41,201 $ 27,043 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 $163 million and $179 million at September 30, 2024 and December 31, 2023, respectively. (1)

Fair Values of Assets and Lia_2

Fair Values of Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
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: September 30, 2024 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 14,694 $ — $ — $ 14,694 Total cash equivalents 14,694 — — 14,694 Investments segregated and on deposit for regulatory purposes: U.S. Government securities — 17,569 — 17,569 Total investments segregated and on deposit for regulatory purposes — 17,569 — 17,569 Available for sale securities: U.S. agency mortgage-backed securities — 56,280 — 56,280 U.S. Treasury securities — 15,623 — 15,623 Corporate debt securities — 10,246 — 10,246 Asset-backed securities — 6,630 — 6,630 Foreign government agency securities — 523 — 523 U.S. state and municipal securities — 585 — 585 Non-agency commercial mortgage-backed securities — 112 — 112 Other — 19 — 19 Total available for sale securities — 90,018 — 90,018 Other assets: Other securities owned: Equity, corporate debt, and other securities 1,318 85 — 1,403 Mutual funds and ETFs 981 — — 981 State and municipal debt obligations — 42 — 42 U.S. Government securities — 12 — 12 Total other securities owned 2,299 139 — 2,438 Interest rate swaps — 1 — 1 Total other assets 2,299 140 — 2,439 Total assets $ 16,993 $ 107,727 $ — $ 124,720 Accrued expenses and other liabilities: Other $ 2,084 $ 36 $ — $ 2,120 Total accrued expenses and other liabilities 2,084 36 — 2,120 Total liabilities $ 2,084 $ 36 $ — $ 2,120 December 31, 2023 Level 1 Level 2 Level 3 Balance at Cash equivalents: Money market funds $ 14,573 $ — $ — $ 14,573 Total cash equivalents 14,573 — — 14,573 Investments segregated and on deposit for regulatory purposes: U.S. Government securities — 20,358 — 20,358 Total investments segregated and on deposit for regulatory purposes — 20,358 — 20,358 Available for sale securities: U.S. agency mortgage-backed securities — 62,795 — 62,795 U.S. Treasury securities — 21,471 — 21,471 Corporate debt securities — 12,484 — 12,484 Asset-backed securities — 9,087 — 9,087 Foreign government agency securities — 1,002 — 1,002 U.S. state and municipal securities — 579 — 579 Non-agency commercial mortgage-backed securities — 109 — 109 Certificates of deposit — 100 — 100 Other — 19 — 19 Total available for sale securities — 107,646 — 107,646 Other assets: Other securities owned: Equity, corporate debt, and other securities 992 73 — 1,065 Mutual funds and ETFs 795 — — 795 State and municipal debt obligations — 27 — 27 U.S. Government securities — 26 — 26 Total other securities owned 1,787 126 — 1,913 Total other assets 1,787 126 — 1,913 Total assets $ 16,360 $ 128,130 $ — $ 144,490 Accrued expenses and other liabilities: Other $ 1,644 $ 89 $ — $ 1,733 Total accrued expenses and other liabilities 1,644 89 — 1,733 Total liabilities $ 1,644 $ 89 $ — $ 1,733
Fair Value of Other Financial Instruments	The following tables present the fair value hierarchy for other financial instruments: September 30, 2024 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 20,156 $ 20,156 $ — $ — $ 20,156 Cash and investments segregated and on deposit for 16,055 2,505 13,550 — 16,055 Receivables from brokerage clients — net 73,958 — 73,958 — 73,958 Held to maturity securities: U.S. agency mortgage-backed securities 149,862 — 140,997 — 140,997 Total held to maturity securities 149,862 — 140,997 — 140,997 Bank loans — net: First Mortgages 26,785 — 23,959 — 23,959 HELOCs 434 — 465 — 465 Pledged asset lines 15,713 — 15,713 — 15,713 Other 379 — 379 — 379 Total bank loans — net 43,311 — 40,516 — 40,516 Other assets 5,055 — 5,055 — 5,055 Liabilities Bank deposits $ 246,462 $ — $ 246,462 $ — $ 246,462 Payables to brokerage clients 89,164 — 89,164 — 89,164 Accrued expenses and other liabilities 17,551 — 17,551 — 17,551 Other short-term borrowings 10,593 — 10,593 — 10,593 Federal Home Loan Bank borrowings 22,600 — 22,600 — 22,600 Long-term debt 22,387 — 22,013 — 22,013 December 31, 2023 Carrying Level 1 Level 2 Level 3 Balance at Assets Cash and cash equivalents $ 28,764 $ 28,764 $ — $ — $ 28,764 Cash and investments segregated and on deposit for 11,438 2,628 8,810 — 11,438 Receivables from brokerage clients — net 68,629 — 68,629 — 68,629 Held to maturity securities: U.S. agency mortgage-backed securities 159,452 — 147,091 — 147,091 Total held to maturity securities 159,452 — 147,091 — 147,091 Bank loans — net: First Mortgages 26,121 — 23,226 — 23,226 HELOCs 477 — 508 — 508 Pledged asset lines 13,548 — 13,548 — 13,548 Other 293 — 293 — 293 Total bank loans — net 40,439 — 37,575 — 37,575 Other assets 4,960 — 4,960 — 4,960 Liabilities Bank deposits $ 289,953 $ — $ 289,953 $ — $ 289,953 Payables to brokerage clients 84,786 — 84,786 — 84,786 Accrued expenses and other liabilities 7,609 — 7,609 — 7,609 Other short-term borrowings 6,553 — 6,553 — 6,553 Federal Home Loan Bank borrowings 26,400 — 26,400 — 26,400 Long-term debt 26,043 — 25,000 — 25,000

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
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 September 30, 2024 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 September 30, 2024 (1) December 31, 2023 (1) September 30, 2024 December 31, 2023 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 F 4,884 4,884 100,000 481 481 10/31/17 5.000 % 12/01/27 12/01/27 3M LIBOR (4) 2.575 % Series G (2) 24,580 24,580 100,000 2,428 2,428 04/30/20 5.375 % 06/01/25 06/01/25 5-Year Treasury 4.971 % Series H (3) 22,267 22,267 100,000 2,200 2,200 12/11/20 4.000 % 12/01/30 12/01/30 10-Year Treasury 3.079 % Series I (2) 20,554 20,554 100,000 2,030 2,030 03/18/21 4.000 % 06/01/26 06/01/26 5-Year Treasury 3.168 % Series K (2) 7,500 7,500 100,000 740 740 03/04/22 5.000 % 06/01/27 06/01/27 5-Year Treasury 3.256 % Total preferred 1,429,785 1,429,785 $ 9,191 $ 9,191 (1) Represented by depositary shares. (2) The dividend rate for Series G, Series I, and Series K 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 reset/floating-rate for Series F will be determined by the calculation agent prior to the commencement of the floating-rate period using what the calculation agent determines to be the industry-accepted substitute or successor base rate to LIBOR. N/A Not applicable.
Dividends Declared	Dividends declared on the Company’s preferred stock are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total Per Share Total Per Share Total Per Share Total Declared (1) Per Share Series D (2) $ 11.2 $ 14.88 $ 11.2 $ 14.88 $ 33.5 $ 44.64 $ 33.5 $ 44.64 Series F (3) — — — — 12.2 2,500.00 12.2 2,500.00 Series G (2) 33.0 1,343.75 33.0 1,343.75 99.0 4,031.25 99.3 4,031.25 Series H (2) 22.2 1,000.00 22.2 1,000.00 66.7 3,000.00 68.2 3,000.00 Series I (2) 20.6 1,000.00 20.6 1,000.00 61.8 3,000.00 62.5 3,000.00 Series J (2) 6.7 11.13 6.7 11.13 20.1 33.39 20.1 33.39 Series K (2) 9.3 1,250.00 9.3 1,250.00 28.1 3,750.00 28.1 3,750.00 Total $ 103.0 $ 103.0 $ 321.4 $ 323.9 (1) Excludes $3 million of dividends declared on Series G, H and I, and accrued by stockholders as of the repurchase date. Such dividends were part of the consideration paid upon repurchase of the depositary shares during the nine months ended September 30, 2023. (2) Dividends paid quarterly. (3) Dividends paid semi-annually until December 1, 2027 and quarterly thereafter.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Accumulated Other Comprehensive Income	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 June 30, 2023 $ (20,730) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $(182) (538) Other reclassifications included in other revenue, net of tax expense (benefit) of $6 18 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $147 498 Balance at September 30, 2023 $ (20,752) Balance at June 30, 2024 $ (16,936) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $577 1,857 Other reclassifications included in other revenue, net of tax expense (benefit) of $2 8 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $134 442 Other (1) 11 Balance at September 30, 2024 $ (14,618) Balance at December 31, 2022 $ (22,621) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $79 367 Other reclassifications included in other revenue, net of tax expense (benefit) of $11 33 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $420 1,476 Other, net of tax expense (benefit) of $(2) (7) Balance at September 30, 2023 $ (20,752) Balance at December 31, 2023 $ (18,131) Available for sale securities: Net unrealized gain (loss), net of tax expense (benefit) of $654 2,153 Other reclassifications included in other revenue, net of tax expense (benefit) of $7 23 Held to maturity securities: Amortization of amounts previously recorded upon transfer from available for sale, net of tax expense (benefit) of $387 1,336 Other (1) 1 Balance at September 30, 2024 $ (14,618) (1) Tax expense (benefit) was less than $500 thousand.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
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 Nine Months Ended 2024 2023 2024 2023 Common Nonvoting Common Nonvoting Common Nonvoting Common Nonvoting Basic earnings per share: Numerator Net income $ 1,369 $ 39 $ 1,094 $ 31 $ 3,988 $ 114 $ 3,910 $ 112 Preferred stock dividends and other (1) (106) (3) (105) (3) (332) (9) (291) (8) Net income available to common stockholders $ 1,263 $ 36 $ 989 $ 28 $ 3,656 $ 105 $ 3,619 $ 104 Denominator Weighted-average common shares outstanding 1,778 51 1,770 51 1,776 51 1,774 51 Basic earnings per share $ .71 $ .71 $ .56 $ .56 $ 2.06 $ 2.06 $ 2.04 $ 2.04 Diluted earnings per share: Numerator Net income available to common stockholders $ 1,263 $ 36 $ 989 $ 28 $ 3,656 $ 105 $ 3,619 $ 104 Reallocation of net income available to common 36 — 28 — 105 — 104 — Allocation of net income available to common $ 1,299 $ 36 $ 1,017 $ 28 $ 3,761 $ 105 $ 3,723 $ 104 Denominator Weighted-average common shares outstanding — 1,778 51 1,770 51 1,776 51 1,774 51 Conversion of nonvoting shares to voting shares 51 — 51 — 51 — 51 — Common stock equivalent shares related to stock 5 — 6 — 6 — 7 — Weighted-average common shares outstanding — diluted (2) 1,834 51 1,827 51 1,833 51 1,832 51 Diluted earnings per share $ .71 $ .71 $ .56 $ .56 $ 2.05 $ 2.05 $ 2.03 $ 2.03 (1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units. (2) Antidilutive stock options and restricted stock units excluded from the calculation of diluted EPS totaled 14 million and 18 million for the three and nine months ended September 30, 2024, respectively, and 15 million and 18 million for the three and nine months ended September 30, 2023, respectively.

Regulatory Requirements (Tables

Regulatory Requirements (Tables)	9 Months Ended
	Sep. 30, 2024
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Capital and Ratios	Regulatory capital and ratios for CSC (consolidated) and CSB are as follows: Actual Minimum to be Minimum Capital Requirement September 30, 2024 Amount Ratio Amount Ratio Amount Ratio (1) CSC Common Equity Tier 1 Risk-Based Capital $ 34,501 29.1 % N/A $ 5,338 4.5 % Tier 1 Risk-Based Capital 43,692 36.8 % N/A 7,117 6.0 % Total Risk-Based Capital 43,721 36.9 % N/A 9,489 8.0 % Tier 1 Leverage 43,692 9.7 % N/A 18,030 4.0 % Supplementary Leverage Ratio 43,692 9.6 % N/A 13,618 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 32,225 40.6 % $ 5,165 6.5 % $ 3,576 4.5 % Tier 1 Risk-Based Capital 32,225 40.6 % 6,357 8.0 % 4,768 6.0 % Total Risk-Based Capital 32,246 40.6 % 7,946 10.0 % 6,357 8.0 % Tier 1 Leverage 32,225 11.2 % 14,396 5.0 % 11,517 4.0 % Supplementary Leverage Ratio 32,225 11.1 % N/A 8,700 3.0 % December 31, 2023 CSC Common Equity Tier 1 Risk-Based Capital $ 31,411 24.5 % N/A $ 5,770 4.5 % Tier 1 Risk-Based Capital 40,602 31.7 % N/A 7,694 6.0 % Total Risk-Based Capital 40,645 31.7 % N/A 10,258 8.0 % Tier 1 Leverage 40,602 8.5 % N/A 19,043 4.0 % Supplementary Leverage Ratio 40,602 8.5 % N/A 14,379 3.0 % CSB Common Equity Tier 1 Risk-Based Capital $ 31,777 37.9 % $ 5,448 6.5 % $ 3,771 4.5 % Tier 1 Risk-Based Capital 31,777 37.9 % 6,705 8.0 % 5,029 6.0 % Total Risk-Based Capital 31,816 38.0 % 8,381 10.0 % 6,705 8.0 % Tier 1 Leverage 31,777 10.1 % 15,793 5.0 % 12,634 4.0 % Supplementary Leverage Ratio 31,777 10.0 % N/A 9,540 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. As of September 30, 2024, CSC was subject to a stress capital buffer of 2.5%. In addition, 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 September 30, 2024, 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.
Net Capital and Net Capital Requirements	Net capital and net capital requirements for CS&Co are as follows: September 30, 2024 December 31, 2023 CS&Co Net capital $ 9,888 $ 5,629 Minimum dollar requirement 0.250 0.250 2% of aggregate debit balances 1,786 1,069 Net capital in excess of required net capital $ 8,102 $ 4,560

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Financial Information for Reportable Segments	Financial information for the segments is presented in the following table: Investor Services Advisor Services Total Three Months Ended September 30, 2024 2023 2024 2023 2024 2023 Net Revenues Net interest revenue $ 1,755 $ 1,710 $ 467 $ 527 $ 2,222 $ 2,237 Asset management and administration fees 1,046 877 430 347 1,476 1,224 Trading revenue 706 672 91 96 797 768 Bank deposit account fees 114 157 38 48 152 205 Other 166 144 34 28 200 172 Total net revenues 3,787 3,560 1,060 1,046 4,847 4,606 Expenses Excluding Interest 2,262 2,356 743 867 3,005 3,223 Income before taxes on income $ 1,525 $ 1,204 $ 317 $ 179 $ 1,842 $ 1,383 Nine Months Ended September 30, Net Revenues Net interest revenue $ 5,212 $ 5,448 $ 1,401 $ 1,849 $ 6,613 $ 7,297 Asset management and administration fees 2,966 2,523 1,241 992 4,207 3,515 Trading revenue 2,104 2,148 287 315 2,391 2,463 Bank deposit account fees 362 396 126 135 488 531 Other 469 451 109 121 578 572 Total net revenues 11,113 10,966 3,164 3,412 14,277 14,378 Expenses Excluding Interest 6,758 6,780 2,132 2,414 8,890 9,194 Income before taxes on income $ 4,355 $ 4,186 $ 1,032 $ 998 $ 5,387 $ 5,184

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Cash and cash equivalents	$ 369	$ 459	$ 1,205	$ 1,419
Cash and investments segregated	345	285	1,014	1,041
Receivables from brokerage clients	1,431	1,282	4,042	3,533
Available for sale securities	531	724	1,680	2,340
Held to maturity securities	650	706	1,998	2,172
Bank loans	484	426	1,384	1,227
Securities lending revenue	87	105	258	341
Other interest revenue	31	41	105	75
Interest revenue	3,928	4,028	11,686	12,148
Bank deposits	(841)	(911)	(2,602)	(2,392)
Payables to brokerage clients	(79)	(66)	(229)	(205)
Other short-term borrowings	(150)	(97)	(382)	(280)
Federal Home Loan Bank borrowings	(310)	(477)	(988)	(1,387)
Long-term debt	(208)	(193)	(640)	(489)
Securities lending expense	(118)	(46)	(230)	(96)
Other interest expense	0	(1)	(2)	(2)
Interest expense	(1,706)	(1,791)	(5,073)	(4,851)
Net interest revenue	2,222	2,237	6,613	7,297
Total net revenues	4,847	4,606	14,277	14,378
Asset management and administration fees
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	1,476	1,224	4,207	3,515
Mutual funds, ETFs, and CTFs
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	827	666	2,370	1,881
Advice solutions
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	559	476	1,572	1,393
Other
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	90	82	265	241
Trading revenue
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	797	768	2,391	2,463
Commissions
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	388	394	1,184	1,210
Order flow revenue
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	357	325	1,066	1,104
Principal transactions
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	52	49	141	149
Bank deposit account fees
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	152	205	488	531
Other
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	$ 200	$ 172	$ 578	$ 572

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Receivables from contracts with customers	$ 684	$ 599
Net contract assets	$ 222	$ 239

Investment Securities - Amortiz

Investment Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Securities Available for Sale and Held to Maturity (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Available for sale securities
Amortized Cost	$ 95,871	$ 116,336
Gross Unrealized Gains	2	1
Gross Unrealized Losses	5,855	8,691
Fair Value	90,018	107,646
Unallocated portfolio layer method fair value basis adjustments, Amortized Cost	(14)	(19)
Unallocated portfolio layer method fair value basis adjustments, Gross Unrealized Gains	0	0
Unallocated portfolio layer method fair value basis adjustments, Gross Unrealized Losses	(14)	(19)
Held to maturity securities
Amortized Cost	149,862	159,452
Gross Unrealized Gains	2,365	1,435
Gross Unrealized Losses	11,230	13,796
Fair Value	140,997	147,091
U.S. agency mortgage-backed securities
Available for sale securities
Amortized Cost	60,837	69,173
Gross Unrealized Gains	0	0
Gross Unrealized Losses	4,557	6,378
Fair Value	56,280	62,795
Held to maturity securities
Amortized Cost	149,862	159,452
Gross Unrealized Gains	2,365	1,435
Gross Unrealized Losses	11,230	13,796
Fair Value	140,997	147,091
U.S. Treasury securities
Available for sale securities
Amortized Cost	16,137	22,459
Gross Unrealized Gains	2	1
Gross Unrealized Losses	516	989
Fair Value	15,623	21,471
Corporate debt securities
Available for sale securities
Amortized Cost	10,790	13,344
Gross Unrealized Gains	0	0
Gross Unrealized Losses	544	860
Fair Value	10,246	12,484
Asset-backed securities
Available for sale securities
Amortized Cost	6,818	9,465
Gross Unrealized Gains	0	0
Gross Unrealized Losses	188	378
Fair Value	6,630	9,087
Foreign government agency securities
Available for sale securities
Amortized Cost	533	1,035
Gross Unrealized Gains	0	0
Gross Unrealized Losses	10	33
Fair Value	523	1,002
U.S. state and municipal securities
Available for sale securities
Amortized Cost	627	634
Gross Unrealized Gains	0	0
Gross Unrealized Losses	42	55
Fair Value	585	579
Non-agency commercial mortgage-backed securities
Available for sale securities
Amortized Cost	122	123
Gross Unrealized Gains	0	0
Gross Unrealized Losses	10	14
Fair Value	112	109
Certificates of deposit
Available for sale securities
Amortized Cost		100
Gross Unrealized Gains		0
Gross Unrealized Losses		0
Fair Value		100
Other
Available for sale securities
Amortized Cost	21	22
Gross Unrealized Gains	0	0
Gross Unrealized Losses	2	3
Fair Value	$ 19	$ 19
Corporate Debt Securities Issued By Financial Services Industry
Held to maturity securities
AFS securities percentage	34%	36%
Federal Family Education Loan Program (FFELP) Guaranteed Loans | Asset-backed securities | Financial Instrument Concentration Risk
Held to maturity securities
Concentration risk percentage	57%	61%
Collateralized Credit Card Securities | Asset-backed securities | Financial Instrument Concentration Risk
Held to maturity securities
Concentration risk percentage	28%	24%

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Held to maturity securities, assets pledged	$ 149,862,000,000	$ 159,452,000,000
Available for sale securities, assets pledged	90,018,000,000	107,646,000,000
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	0
Accrued interest receivable	464,000,000	565,000,000
Write-off of accrued interest receivable on available for sale and held to maturity securities	0	0
Asset Pledged as Collateral
Debt Securities, Available-for-sale [Line Items]
Held to maturity securities, assets pledged	8,340,000,000	3,703,000,000
Available for sale securities, assets pledged	188,000,000	1,733,000,000
Asset Pledged as Collateral | Interest rate swaps
Debt Securities, Available-for-sale [Line Items]
Available for sale securities, assets pledged	188,000,000	195,000,000
Federal Home Loan Bank Advances
Debt Securities, Available-for-sale [Line Items]
Value of securities held as collateral	61,700,000,000
Federal Reserve Bank Advances
Debt Securities, Available-for-sale [Line Items]
Value of securities held as collateral	32,500,000,000
Deposits
Debt Securities, Available-for-sale [Line Items]
Value of securities held as collateral	1,600,000,000
U.S. agency mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Held to maturity securities, assets pledged	149,862,000,000	159,452,000,000
Available for sale securities, assets pledged	56,280,000,000	$ 62,795,000,000
U.S. agency mortgage-backed securities | Asset Pledged as Collateral | Securities Sold under Agreements to Repurchase
Debt Securities, Available-for-sale [Line Items]
Held to maturity securities, assets pledged	$ 8,300,000,000

Investment Securities - Availab

Investment Securities - Available For Sale with Unrealized Losses, Aggregated by Category and Period of Continuous Unrealized Loss (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Available for sale securities
Less than 12 months Fair Value	$ 242,000	$ 30,000
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	88,261,000	105,495,000
12 months or longer Unrealized Losses	5,869,000	8,710,000
Total Fair Value	88,503,000	105,525,000
Total Unrealized Losses	5,869,000	8,710,000
Portfolio layer method fair value hedge basis adjustments, excluded from unrealized losses on available for sale securities	14,000	19,000
U.S. agency mortgage-backed securities
Available for sale securities
Less than 12 months Fair Value	0	1,000
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	56,280,000	62,794,000
12 months or longer Unrealized Losses	4,557,000	6,378,000
Total Fair Value	56,280,000	62,795,000
Total Unrealized Losses	4,557,000	6,378,000
Less than 12 months unrealized losses less than stated amount	500	500
U.S. Treasury securities
Available for sale securities
Less than 12 months Fair Value	242,000	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	13,878,000	19,450,000
12 months or longer Unrealized Losses	516,000	989,000
Total Fair Value	14,120,000	19,450,000
Total Unrealized Losses	516,000	989,000
Corporate debt securities
Available for sale securities
Less than 12 months Fair Value	0	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	10,246,000	12,484,000
12 months or longer Unrealized Losses	544,000	860,000
Total Fair Value	10,246,000	12,484,000
Total Unrealized Losses	544,000	860,000
Asset-backed securities
Available for sale securities
Less than 12 months Fair Value	0	29,000
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	6,618,000	9,058,000
12 months or longer Unrealized Losses	188,000	378,000
Total Fair Value	6,618,000	9,087,000
Total Unrealized Losses	188,000	378,000
Less than 12 months unrealized losses less than stated amount	500	500
Foreign government agency securities
Available for sale securities
Less than 12 months Fair Value	0	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	523,000	1,002,000
12 months or longer Unrealized Losses	10,000	33,000
Total Fair Value	523,000	1,002,000
Total Unrealized Losses	10,000	33,000
U.S. state and municipal securities
Available for sale securities
Less than 12 months Fair Value	0	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	585,000	579,000
12 months or longer Unrealized Losses	42,000	55,000
Total Fair Value	585,000	579,000
Total Unrealized Losses	42,000	55,000
Non-agency commercial mortgage-backed securities
Available for sale securities
Less than 12 months Fair Value	0	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	112,000	109,000
12 months or longer Unrealized Losses	10,000	14,000
Total Fair Value	112,000	109,000
Total Unrealized Losses	10,000	14,000
Other
Available for sale securities
Less than 12 months Fair Value	0	0
Less than 12 months Unrealized Losses	0	0
12 months or longer Fair Value	19,000	19,000
12 months or longer Unrealized Losses	2,000	3,000
Total Fair Value	19,000	19,000
Total Unrealized Losses	$ 2,000	$ 3,000

Investment Securities - Schedul

Investment Securities - Schedule of Estimated Effective Duration, Investments (Details)	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
AFS investment securities portfolio, exclusive of derivatives	2 years 3 months 18 days
AFS and HTM investment securities portfolio, exclusive of derivatives	3 years 10 months 24 days
AFS investment securities portfolio, inclusive of derivatives	2 years
AFS and HTM investment securities portfolio, inclusive of derivatives	3 years 9 months 18 days

Investment Securities - Maturit

Investment Securities - Maturities of Securities Available for Sale and Held to Maturity (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Available for sale securities, fair value
Within 1 year	$ 17,637
After 1 year through 5 years	20,696
After 5 years through 10 years	13,179
After 10 years	38,506
Total	90,018	$ 107,646
Available for sale securities, amortized cost
Within 1 year	17,861
After 1 year through 5 years	21,752
After 5 years through 10 years	14,326
After 10 years	41,946
Amortized Cost	95,885
Held to maturity securities, fair value
Within 1 year	1,646
After 1 year through 5 years	9,686
After 5 years through 10 years	35,593
After 10 years	94,072
Total	140,997	147,091
Held to maturity securities, amortized cost
Within 1 year	1,667
After 1 year through 5 years	10,037
After 5 years through 10 years	37,043
After 10 years	101,115
Amortized Cost	149,862
Portfolio layer method fair value hedge basis adjustments, excluded from amortized cost of available for sale securities	14
U.S. agency mortgage-backed securities
Available for sale securities, fair value
Within 1 year	3,200
After 1 year through 5 years	8,202
After 5 years through 10 years	9,941
After 10 years	34,937
Total	56,280	62,795
Held to maturity securities, fair value
Within 1 year	1,646
After 1 year through 5 years	9,686
After 5 years through 10 years	35,593
After 10 years	94,072
Total	140,997	147,091
U.S. Treasury securities
Available for sale securities, fair value
Within 1 year	9,254
After 1 year through 5 years	6,369
After 5 years through 10 years	0
After 10 years	0
Total	15,623	21,471
Corporate debt securities
Available for sale securities, fair value
Within 1 year	4,651
After 1 year through 5 years	4,075
After 5 years through 10 years	1,520
After 10 years	0
Total	10,246	12,484
Asset-backed securities
Available for sale securities, fair value
Within 1 year	9
After 1 year through 5 years	1,944
After 5 years through 10 years	1,282
After 10 years	3,395
Total	6,630	9,087
Foreign government agency securities
Available for sale securities, fair value
Within 1 year	523
After 1 year through 5 years	0
After 5 years through 10 years	0
After 10 years	0
Total	523	1,002
U.S. state and municipal securities
Available for sale securities, fair value
Within 1 year	0
After 1 year through 5 years	106
After 5 years through 10 years	436
After 10 years	43
Total	585	579
Non-agency commercial mortgage-backed securities
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	112
Total	112	109
Other
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	19
Total	$ 19	$ 19

Investment Securities - Proceed

Investment Securities - Proceeds and Gross Realized Gains And Losses from Sales of Securities Available for Sale (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 886	$ 3,485	$ 2,929	$ 6,385
Gross realized gains	0	1	0	1
Gross realized losses	$ 10	$ 25	$ 30	$ 45

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 ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Total loans	$ 43,331,000,000	$ 40,477,000,000
Allowance for credit losses	20,000,000	38,000,000	$ 20,000,000	$ 54,000,000	$ 75,000,000	$ 73,000,000
Total bank loans – net	43,311,000,000	40,439,000,000
Loans accruing interest contractually 90 days or more past due	0	0
Current
Financing Receivable, Past Due [Line Items]
Total loans	43,264,000,000	40,414,000,000
Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	67,000,000	63,000,000
30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	40,000,000	45,000,000
60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	3,000,000	3,000,000
More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	24,000,000	15,000,000
Residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	27,234,000,000	26,632,000,000
Allowance for credit losses	15,000,000	34,000,000	15,000,000	49,000,000	71,000,000	70,000,000
Total bank loans – net	27,219,000,000	26,598,000,000
Unamortized premiums and discounts and direct origination costs	$ 107,000,000	$ 100,000,000
Residential real estate | Loans Geographic Area | California | Geographic Concentration Risk
Financing Receivable, Past Due [Line Items]
Concentration risk percentage	42%	43%
Residential real estate | Current
Financing Receivable, Past Due [Line Items]
Total loans	$ 27,174,000,000	$ 26,584,000,000
Residential real estate | Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	60,000,000	48,000,000
Residential real estate | 30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	34,000,000	34,000,000
Residential real estate | 60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	3,000,000	3,000,000
Residential real estate | More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	23,000,000	11,000,000
Residential real estate | First Mortgages
Financing Receivable, Past Due [Line Items]
Total loans	26,799,000,000	26,153,000,000
Allowance for credit losses	14,000,000	32,000,000	14,000,000	47,000,000	68,000,000	66,000,000
Total bank loans – net	26,785,000,000	26,121,000,000
Residential real estate | First Mortgages | Current
Financing Receivable, Past Due [Line Items]
Total loans	26,744,000,000	26,111,000,000
Residential real estate | First Mortgages | Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	55,000,000	42,000,000
Residential real estate | First Mortgages | 30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	33,000,000	33,000,000
Residential real estate | First Mortgages | 60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	2,000,000	2,000,000
Residential real estate | First Mortgages | More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	20,000,000	7,000,000
Residential real estate | HELOCs
Financing Receivable, Past Due [Line Items]
Total loans	435,000,000	479,000,000
Allowance for credit losses	1,000,000	2,000,000	1,000,000	2,000,000	3,000,000	4,000,000
Total bank loans – net	434,000,000	477,000,000
Residential real estate | HELOCs | Current
Financing Receivable, Past Due [Line Items]
Total loans	430,000,000	473,000,000
Residential real estate | HELOCs | Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	5,000,000	6,000,000
Residential real estate | HELOCs | 30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	1,000,000	1,000,000
Residential real estate | HELOCs | 60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	1,000,000	1,000,000
Residential real estate | HELOCs | More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	3,000,000	4,000,000
Pledged asset lines
Financing Receivable, Past Due [Line Items]
Total loans	15,713,000,000	13,548,000,000
Allowance for credit losses	0	0	0	0	0	0
Total bank loans – net	15,713,000,000	13,548,000,000
Pledged asset lines | Current
Financing Receivable, Past Due [Line Items]
Total loans	15,707,000,000	13,533,000,000
Pledged asset lines | Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	6,000,000	15,000,000
Pledged asset lines | 30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	6,000,000	11,000,000
Pledged asset lines | 60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	0	0
Pledged asset lines | More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	0	4,000,000
Other
Financing Receivable, Past Due [Line Items]
Total loans	384,000,000	297,000,000
Allowance for credit losses	5,000,000	4,000,000	$ 5,000,000	$ 5,000,000	$ 4,000,000	$ 3,000,000
Total bank loans – net	379,000,000	293,000,000
Other | Current
Financing Receivable, Past Due [Line Items]
Total loans	383,000,000	297,000,000
Other | Total past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	1,000,000	0
Other | 30-59 days past due
Financing Receivable, Past Due [Line Items]
Total loans	0	0
Other | 60-89 days past due
Financing Receivable, Past Due [Line Items]
Total loans	0	0
Other | More than or equal to 90 days past due and other nonaccrual loans
Financing Receivable, Past Due [Line Items]
Total loans	$ 1,000,000	$ 0

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		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 20	$ 75	$ 38	$ 73	$ 73
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	(21)	(18)	(19)
Balance at end of period	20	54	20	54	38
Residential real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	15	71	34	70	70
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	(22)	(19)	(21)
Balance at end of period	15	49	15	49	34
Residential real estate | First Mortgages
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	14	68	32	66	66
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	(21)	(18)	(19)
Balance at end of period	14	47	14	47	32
Residential real estate | HELOCs
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	1	3	2	4	4
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	(1)	(1)	(2)
Balance at end of period	1	2	1	2	2
Pledged asset lines
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	0	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	0	0	0
Balance at end of period	0	0	0	0	0
Other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	5	4	4	3	3
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for credit losses	0	1	1	2
Balance at end of period	$ 5	$ 5	$ 5	$ 5	$ 4

Bank Loans and Related Allowa_5

Bank Loans and Related Allowance for Credit Losses - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 24	$ 15
Accrued interest	173	157
Residential real estate | First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bank loans	$ 22,400
Percent of loans with interest-only payments	26%
Percent of interest only adjustable rate	81%
Total bank loans	$ 26,799	26,153
Residential real estate | First Mortgages | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed rate interest rate period	3 years
Interest-only reset period	3 years
Residential real estate | First Mortgages | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed rate interest rate period	10 years
Residential real estate | HELOCs
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	$ 435	$ 479
Percent of loan balance outstanding, borrowers paid only minimum due	61%
Residential real estate | Home Equity Secured By Second Liens
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total bank loans	$ 344

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	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Gross charge-offs
Total loans	$ 0	$ 0	$ 0	$ 0
Residential real estate
Gross charge-offs
Total loans	0	0	0	0
Residential real estate | First Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,389		2,389
2023	2,289		2,289		$ 2,694
2022	5,767		5,767		6,069
2021	11,095		11,095		11,630
2020	3,763		3,763		3,974
pre-2020	1,496		1,496		1,786
Total loans	26,799		26,799		26,153
Gross charge-offs
2024			0
2023			0		0
2022			0		0
2021			0		0
2020			0		0
pre-2020			0		0
Total loans	$ 0	0	$ 0	0	$ 0
Percent of Loans on Nonaccrual Status
2024	0.01%		0.01%
2023	0.01%		0.01%		0.01%
2022	0.11%		0.11%		0.02%
2021	0.04%		0.04%		0.01%
2020	0.03%		0.03%		0.01%
pre-2020	0.51%		0.51%		0.19%
Total loans	0.07%		0.07%		0.03%
Residential real estate | First Mortgages | Estimated Current Loan To Value Ratio 70% and Below
Financing Receivable, Credit Quality Indicator [Line Items]
2024	$ 1,625		$ 1,625
2023	1,778		1,778		$ 1,853
2022	5,022		5,022		4,855
2021	10,944		10,944		11,341
2020	3,740		3,740		3,960
pre-2020	1,492		1,492		1,781
Total loans	24,601		24,601		23,790
Residential real estate | First Mortgages | Estimated Current Loan To Value Ratio Greater Than 70% Through 90%
Financing Receivable, Credit Quality Indicator [Line Items]
2024	764		764
2023	511		511		841
2022	729		729		1,185
2021	150		150		289
2020	21		21		14
pre-2020	4		4		5
Total loans	2,179		2,179		2,334
Residential real estate | First Mortgages | Estimated Current LTV Greater Than 90% Through 100%
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0		0
2023	0		0		0
2022	14		14		28
2021	0		0		0
2020	2		2		0
pre-2020	0		0		0
Total loans	16		16		28
Residential real estate | First Mortgages | Estimated Current LTV Greater Than 100%
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0		0
2023	0		0		0
2022	2		2		1
2021	1		1		0
2020	0		0		0
pre-2020	0		0		0
Total loans	3		3		1
Residential real estate | First Mortgages | Updated FICO Score Below 620
Financing Receivable, Credit Quality Indicator [Line Items]
2024	3		3
2023	7		7		4
2022	25		25		15
2021	16		16		19
2020	9		9		8
pre-2020	16		16		17
Total loans	76		76		63
Residential real estate | First Mortgages | Updated FICO Score 620 Through 679
Financing Receivable, Credit Quality Indicator [Line Items]
2024	18		18
2023	30		30		46
2022	63		63		77
2021	108		108		87
2020	44		44		38
pre-2020	34		34		50
Total loans	297		297		298
Residential real estate | First Mortgages | Updated FICO Score 680 Through 739
Financing Receivable, Credit Quality Indicator [Line Items]
2024	219		219
2023	202		202		265
2022	523		523		575
2021	820		820		984
2020	278		278		316
pre-2020	157		157		169
Total loans	2,199		2,199		2,309
Residential real estate | First Mortgages | Updated FICO Score 740 and Above
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,149		2,149
2023	2,050		2,050		2,379
2022	5,156		5,156		5,402
2021	10,151		10,151		10,540
2020	3,432		3,432		3,612
pre-2020	1,289		1,289		1,550
Total loans	24,227		24,227		23,483
Residential real estate | First Mortgages | Financial Asset Originated
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,389		2,389
2023	2,289		2,289		2,694
2022	5,767		5,767		6,069
2021	11,095		11,095		11,630
2020	3,763		3,763		3,974
pre-2020	1,496		1,496		1,786
Total loans	26,799		26,799		26,153
Residential real estate | First Mortgages | Financial Asset Originated | Origination Loan to Value Ratio 70% and Below
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,649		1,649
2023	1,537		1,537		1,818
2022	4,279		4,279		4,492
2021	9,628		9,628		10,078
2020	3,136		3,136		3,306
pre-2020	1,169		1,169		1,382
Total loans	21,398		21,398		21,076
Residential real estate | First Mortgages | Financial Asset Originated | Origination Loan to Value Ratio Greater Than 70% Through 90%
Financing Receivable, Credit Quality Indicator [Line Items]
2024	740		740
2023	752		752		876
2022	1,488		1,488		1,577
2021	1,467		1,467		1,552
2020	627		627		668
pre-2020	325		325		402
Total loans	5,399		5,399		5,075
Residential real estate | First Mortgages | Financial Asset Originated | Origination Loan to Value Ratio Greater Than 90% Through 100%
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0		0
2023	0		0		0
2022	0		0		0
2021	0		0		0
2020	0		0		0
pre-2020	2		2		2
Total loans	2		2		2
Residential real estate | First Mortgages | Financial Asset Originated | Origination FICO Score Below 620
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0		0
2023	0		0		0
2022	2		2		2
2021	1		1		1
2020	1		1		1
pre-2020	1		1		1
Total loans	5		5		5
Residential real estate | First Mortgages | Financial Asset Originated | Origination FICO Score 620 Through 679
Financing Receivable, Credit Quality Indicator [Line Items]
2024	21		21
2023	5		5		4
2022	26		26		27
2021	29		29		30
2020	18		18		20
pre-2020	12		12		15
Total loans	111		111		96
Residential real estate | First Mortgages | Financial Asset Originated | Origination FICO Score 680 Through 739
Financing Receivable, Credit Quality Indicator [Line Items]
2024	228		228
2023	264		264		299
2022	741		741		782
2021	1,109		1,109		1,160
2020	372		372		395
pre-2020	230		230		294
Total loans	2,944		2,944		2,930
Residential real estate | First Mortgages | Financial Asset Originated | Origination FICO Score 740 and Above
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,140		2,140
2023	2,020		2,020		2,391
2022	4,998		4,998		5,258
2021	9,956		9,956		10,439
2020	3,372		3,372		3,558
pre-2020	1,253		1,253		1,476
Total loans	23,739		23,739		23,122
Residential real estate | HELOCs
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	292		292		311
HELOCs converted to term loans	143		143		168
Total loans	435		435		479
Gross charge-offs
Revolving HELOCs amortized cost basis			0		0
HELOCs converted to term loans			0		0
Total loans	$ 0	$ 0	$ 0	$ 0	$ 0
Percent of Loans on Nonaccrual Status
Revolving HELOCs amortized cost basis	0.07%		0.07%		0.07%
HELOCs converted to term loans	2.28%		2.28%		2.40%
Total loans	0.69%		0.69%		0.84%
Residential real estate | HELOCs | Estimated Current Loan To Value Ratio 70% and Below
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	$ 289		$ 289		$ 308
HELOCs converted to term loans	142		142		167
Total loans	431		431		475
Residential real estate | HELOCs | Estimated Current Loan To Value Ratio Greater Than 70% Through 90%
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	3		3		3
HELOCs converted to term loans	1		1		1
Total loans	4		4		4
Residential real estate | HELOCs | Estimated Current LTV Greater Than 90% Through 100%
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0		0		0
HELOCs converted to term loans	0		0		0
Total loans	0		0		0
Residential real estate | HELOCs | Estimated Current LTV Greater Than 100%
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0		0		0
HELOCs converted to term loans	0		0		0
Total loans	0		0		0
Residential real estate | HELOCs | Updated FICO Score Below 620
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	2		2		2
HELOCs converted to term loans	5		5		5
Total loans	7		7		7
Residential real estate | HELOCs | Updated FICO Score 620 Through 679
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	7		7		6
HELOCs converted to term loans	8		8		10
Total loans	15		15		16
Residential real estate | HELOCs | Updated FICO Score 680 Through 739
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	44		44		48
HELOCs converted to term loans	22		22		26
Total loans	66		66		74
Residential real estate | HELOCs | Updated FICO Score 740 and Above
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	239		239		255
HELOCs converted to term loans	108		108		127
Total loans	347		347		382
Residential real estate | HELOCs | Financial Asset Originated
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	292		292		311
HELOCs converted to term loans	143		143		168
Total loans	435		435		479
Residential real estate | HELOCs | Financial Asset Originated | Origination Loan to Value Ratio 70% and Below
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	270		270		279
HELOCs converted to term loans	100		100		117
Total loans	370		370		396
Residential real estate | HELOCs | Financial Asset Originated | Origination Loan to Value Ratio Greater Than 70% Through 90%
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	22		22		32
HELOCs converted to term loans	42		42		50
Total loans	64		64		82
Residential real estate | HELOCs | Financial Asset Originated | Origination Loan to Value Ratio Greater Than 90% Through 100%
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0		0		0
HELOCs converted to term loans	1		1		1
Total loans	1		1		1
Residential real estate | HELOCs | Financial Asset Originated | Origination FICO Score Below 620
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0		0		0
HELOCs converted to term loans	0		0		0
Total loans	0		0		0
Residential real estate | HELOCs | Financial Asset Originated | Origination FICO Score 620 Through 679
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	0		0		0
HELOCs converted to term loans	1		1		1
Total loans	1		1		1
Residential real estate | HELOCs | Financial Asset Originated | Origination FICO Score 680 Through 739
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	48		48		50
HELOCs converted to term loans	32		32		38
Total loans	80		80		88
Residential real estate | HELOCs | Financial Asset Originated | Origination FICO Score 740 and Above
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving HELOCs amortized cost basis	244		244		261
HELOCs converted to term loans	110		110		129
Total loans	$ 354		$ 354		$ 390

Bank Loans and Related Allowa_7

Bank Loans and Related Allowance for Credit Losses - Convert to Amortizing Loans (Details) - Residential real estate - HELOCs - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Converted to an amortizing loan by period end	$ 143	$ 143
Within 1 year	16	16
> 1 year – 3 years	38	38
> 3 years – 5 years	35	35
> 5 years	203	203
Total loans	435	435	$ 479
Converted to amortizing loans during the period	$ 4	$ 9

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Variable Interest Entity [Line Items]
Aggregate assets	$ 466,055		$ 466,055		$ 493,178
Aggregate liabilities	418,840		418,840		452,220
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Amortization	37	$ 30	117	$ 96
Tax credits and other tax benefits	48	$ 35	150	$ 124
Aggregate assets	1,883		1,883		1,586
Aggregate liabilities	934		934		759
Maximum exposure to loss	1,915		1,915		1,638
Variable Interest Entity, Not Primary Beneficiary | LIHTC Investments
Variable Interest Entity [Line Items]
Aggregate assets	1,674		1,674		1,407
Aggregate liabilities	934		934		759
Maximum exposure to loss	1,674		1,674		1,407
Variable Interest Entity, Not Primary Beneficiary | Other investments
Variable Interest Entity [Line Items]
Aggregate assets	209		209		179
Aggregate liabilities	0		0		0
Maximum exposure to loss	$ 241		$ 241		$ 231

Bank Deposits - Deposits from B

Bank Deposits - Deposits from Banking Clients Consisting of Interest Bearing and Noninterest Bearing Deposits (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Interest-bearing deposits:
Deposits swept from brokerage accounts	$ 192,840,000,000	$ 220,274,000,000
Time certificates of deposit	34,075,000,000	48,297,000,000
Checking	14,374,000,000	15,691,000,000
Savings and other	4,002,000,000	4,461,000,000
Total interest-bearing deposits	245,291,000,000	288,723,000,000
Non-interest-bearing deposits	1,171,000,000	1,230,000,000
Total bank deposits	$ 246,462,000,000	$ 289,953,000,000
Weighted-average interest rates on outstanding time certificates of deposit	5.18%	5.15%
Uninsured time CDs and time deposits in excess of FDIC insurance limits	$ 0	$ 0

Bank Deposits - Annual Maturiti

Bank Deposits - Annual Maturities on Time Certificates of Deposit Outstanding (Details) $ in Millions	Sep. 30, 2024 USD ($)
Deposit Liabilities [Abstract]
2024	$ 12,401
2025	21,674
Total	$ 34,075

Borrowings - Long-term Debt Inc

Borrowings - Long-term Debt Including Unamortized Debt Discounts and Premiums (Details) - USD ($) $ in Millions					9 Months Ended
	Aug. 24, 2033	May 19, 2033	Nov. 17, 2028	May 19, 2028	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Finance lease liabilities					$ 55	$ 85
Unamortized premium — net					61	87
Debt issuance costs					(99)	(119)
Total long-term debt					22,442	26,128
Senior Notes
Debt Instrument [Line Items]
Senior notes					22,262	25,862
Senior Notes | Ameritrade Holding
Debt Instrument [Line Items]
Senior notes					163	213
Senior Notes | 3.550% due February 1, 2024
Debt Instrument [Line Items]
Senior notes					$ 0	500
Fixed interest rate					3.55%
Senior Notes | 0.750% due March 18, 2024
Debt Instrument [Line Items]
Senior notes					$ 0	1,500
Fixed interest rate					0.75%
Senior Notes | 3.750% due April 1, 2024
Debt Instrument [Line Items]
Senior notes					$ 0	350
Fixed interest rate					3.75%
Senior Notes | 3.750% due April 1, 2024 | Ameritrade Holding
Debt Instrument [Line Items]
Senior notes					$ 0	50
Fixed interest rate					3.75%
Senior Notes | 3.000% due March 10, 2025
Debt Instrument [Line Items]
Senior notes					$ 375	375
Fixed interest rate					3%
Senior Notes | 4.200% due March 24, 2025
Debt Instrument [Line Items]
Senior notes					$ 600	600
Fixed interest rate					4.20%
Senior Notes | 3.625% due April 1, 2025
Debt Instrument [Line Items]
Senior notes					$ 418	418
Fixed interest rate					3.625%
Senior Notes | 3.625% due April 1, 2025 | Ameritrade Holding
Debt Instrument [Line Items]
Senior notes					$ 82	82
Fixed interest rate					3.625%
Senior Notes | 3.850% due May 21, 2025
Debt Instrument [Line Items]
Senior notes					$ 750	750
Fixed interest rate					3.85%
Senior Notes | 3.450% due February 13, 2026
Debt Instrument [Line Items]
Senior notes					$ 350	350
Fixed interest rate					3.45%
Senior Notes | 0.900% due March 11, 2026
Debt Instrument [Line Items]
Senior notes					$ 1,250	1,250
Fixed interest rate					0.90%
Senior Notes | 1.150% due May 13, 2026
Debt Instrument [Line Items]
Senior notes					$ 1,000	1,000
Fixed interest rate					1.15%
Senior Notes | 5.875% due August 24, 2026
Debt Instrument [Line Items]
Senior notes					$ 1,000	1,000
Fixed interest rate					5.875%
Senior Notes | 3.200% due March 2, 2027
Debt Instrument [Line Items]
Senior notes					$ 650	650
Fixed interest rate					3.20%
Senior Notes | 2.450% due March 3, 2027
Debt Instrument [Line Items]
Senior notes					$ 1,500	1,500
Fixed interest rate					2.45%
Senior Notes | 3.300% due April 1, 2027
Debt Instrument [Line Items]
Senior notes					$ 744	744
Fixed interest rate					3.30%
Senior Notes | 3.300% due April 1, 2027 | Ameritrade Holding
Debt Instrument [Line Items]
Senior notes					$ 56	56
Fixed interest rate					3.30%
Senior Notes | 3.200% due January 25, 2028
Debt Instrument [Line Items]
Senior notes					$ 700	700
Fixed interest rate					3.20%
Senior Notes | 2.000% due March 20, 2028
Debt Instrument [Line Items]
Senior notes					$ 1,250	1,250
Fixed interest rate					2%
Senior Notes | 4.000% due February 1, 2029
Debt Instrument [Line Items]
Senior notes					$ 600	600
Fixed interest rate					4%
Senior Notes | 3.250% due May 22, 2029
Debt Instrument [Line Items]
Senior notes					$ 600	600
Fixed interest rate					3.25%
Senior Notes | 2.750% due October 1, 2029
Debt Instrument [Line Items]
Senior notes					$ 475	475
Fixed interest rate					2.75%
Senior Notes | 2.750% due October 1, 2029 | Ameritrade Holding
Debt Instrument [Line Items]
Senior notes					$ 25	25
Fixed interest rate					2.75%
Senior Notes | 4.625% due March 22, 2030
Debt Instrument [Line Items]
Senior notes					$ 500	500
Fixed interest rate					4.625%
Senior Notes | 1.650% due March 11, 2031
Debt Instrument [Line Items]
Senior notes					$ 750	750
Fixed interest rate					1.65%
Senior Notes | 2.300% due May 13, 2031
Debt Instrument [Line Items]
Senior notes					$ 750	750
Fixed interest rate					2.30%
Senior Notes | 1.950% due December 1, 2031
Debt Instrument [Line Items]
Senior notes					$ 850	850
Fixed interest rate					1.95%
Senior Notes | 2.900% due March 3, 2032
Debt Instrument [Line Items]
Senior notes					$ 1,000	1,000
Fixed interest rate					2.90%
Senior Notes | SOFR + 0.500% due March 18, 2024
Debt Instrument [Line Items]
Senior notes					$ 0	1,250
Senior Notes | SOFR + 0.500% due March 18, 2024 | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread rate					0.50%
Senior Notes | SOFR + 0.520% due May 13, 2026
Debt Instrument [Line Items]
Senior notes					$ 500	500
Senior Notes | SOFR + 0.520% due May 13, 2026 | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread rate					0.52%
Senior Notes | SOFR + 1.050% due March 3, 2027
Debt Instrument [Line Items]
Senior notes					$ 500	500
Senior Notes | SOFR + 1.050% due March 3, 2027 | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread rate					1.05%
Senior Notes | 5.643% due May 19, 2029
Debt Instrument [Line Items]
Senior notes					$ 1,200	1,200
Fixed interest rate					5.643%
Senior Notes | 5.643% due May 19, 2029 | Secured Overnight Financing Rate (SOFR) | Forecast
Debt Instrument [Line Items]
Basis spread rate				2.21%
Senior Notes | 6.196% due November 17, 2029
Debt Instrument [Line Items]
Senior notes					$ 1,300	1,300
Fixed interest rate					6.196%
Senior Notes | 6.196% due November 17, 2029 | Secured Overnight Financing Rate (SOFR) | Forecast
Debt Instrument [Line Items]
Basis spread rate			1.878%
Senior Notes | 5.853% due May 19, 2034
Debt Instrument [Line Items]
Senior notes					$ 1,300	1,300
Fixed interest rate					5.853%
Senior Notes | 5.853% due May 19, 2034 | Secured Overnight Financing Rate (SOFR) | Forecast
Debt Instrument [Line Items]
Basis spread rate		2.50%
Senior Notes | 6.136% due August 24, 2034
Debt Instrument [Line Items]
Senior notes					$ 1,350	$ 1,350
Fixed interest rate					6.136%
Senior Notes | 6.136% due August 24, 2034 | Secured Overnight Financing Rate (SOFR) | Forecast
Debt Instrument [Line Items]
Basis spread rate	2.01%

Borrowings - Annual Maturities

Borrowings - Annual Maturities on Long-term Debt Outstanding (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
2024	$ 6
2025	2,249
2026	4,112
2027	3,463
2028	1,950
Thereafter	10,700
Total maturities	22,480
Unamortized premium — net	61	$ 87
Debt issuance costs	(99)	(119)
Total long-term debt	$ 22,442	$ 26,128

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Other short-term borrowings	$ 10,593,000,000	$ 6,553,000,000
Weighted-average interest rate of short-term borrowings	5.38%	5.57%
Capacity of allowable commercial paper note issuance	$ 5,000,000,000
Commercial paper	0	$ 0
Secured Uncommitted Lines Of Credit
Line of Credit Facility [Line Items]
Other short-term borrowings	$ 2,500,000,000	1,650,000,000
Commercial paper | Maximum
Line of Credit Facility [Line Items]
Maturity term	270 days
Federal Reserve Bank Advances
Line of Credit Facility [Line Items]
Other short-term borrowings	$ 0	0
Total borrowing capacity	32,500,000,000	6,200,000,000
Federal Reserve Bank Term Funding Program (BTFP)
Line of Credit Facility [Line Items]
Other short-term borrowings	0	0
Total borrowing capacity	0	39,200,000,000
Repurchase Agreements
Line of Credit Facility [Line Items]
Other short-term borrowings	8,100,000,000	4,900,000,000
Line of Credit
Line of Credit Facility [Line Items]
Other short-term borrowings		700,000,000
Line of Credit | Committed Lines Of Credit With External Banks
Line of Credit Facility [Line Items]
Other short-term borrowings	0
Total borrowing capacity	2,100,000,000
Line of Credit | Uncommitted Lines Of Credit With External Banks
Line of Credit Facility [Line Items]
Other short-term borrowings	0	0
Total borrowing capacity	1,700,000,000
Line of Credit | Secured Uncommitted Lines Of Credit
Line of Credit Facility [Line Items]
Other short-term borrowings	2,500,000,000	950,000,000
Federal Home Loan Bank Advances | Secured Credit Facility
Line of Credit Facility [Line Items]
Borrowings outstanding	$ 22,600,000,000	$ 26,400,000,000
Weighted average interest rate	5.34%	5.34%
Total borrowing capacity	$ 57,100,000,000	$ 63,100,000,000

Borrowings - Annual Maturitie_2

Borrowings - Annual Maturities on Borrowings Outstanding (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Other short-term borrowings, 2024	$ 5,094
2024	13,994
Other short-term borrowings, 2025	5,499
Total, 2025	19,199
FHLB borrowings, Total	22,600	$ 26,400
Other short-term borrowings, Total	10,593	$ 6,553
Total	33,193
Federal Home Loan Bank Advances | Secured Credit Facility
Debt Instrument [Line Items]
FHLB borrowings, 2024	8,900
FHLB borrowings, 2025	13,700
FHLB borrowings, Total	$ 22,600

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	May 04, 2023
Loss Contingencies [Line Items]
Additions (reductions) in deposit balance			$ 0
IDA balance ceiling amount above fixed-rate obligation						$ 30,000,000,000
IDA balance floor amount						60,000,000,000
IDA balance ceiling amount						$ 90,000,000,000
Buy down of fixed-rate obligation amounts in deposits balance					$ 5,000,000,000
Market-based fee capitalized as a contract asset					249,000,000
Ending IDA balance	$ 84,000,000,000		84,000,000,000		97,500,000,000
Fixed-rate obligation IDA balance	70,200,000,000		70,200,000,000		83,700,000,000
Floating-rate obligation IDA balance	13,800,000,000		13,800,000,000		$ 13,800,000,000
Guarantees
Loss Contingencies [Line Items]
Liability for guarantees	0		0
Residential real estate | First Mortgages
Loss Contingencies [Line Items]
Purchased during period	1,100,000,000	$ 765,000,000	2,600,000,000	$ 2,400,000,000
Residential real estate | HELOCs
Loss Contingencies [Line Items]
Purchased during period	$ 38,000,000	$ 49,000,000	$ 121,000,000	$ 144,000,000

Commitments and Contingencies_2

Commitments and Contingencies - Commitments to Extend Credit on Lines of Credit and to Purchase First Mortgages (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 2,920	$ 3,347
Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commitments to extend credit related to unused HELOCs, PALs, and other lines of credit	1,962	2,996
Residential real estate | First Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commitments to purchase First Mortgage loans	$ 958	$ 351

Exit and Other Related Liabil_3

Exit and Other Related Liabilities - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended		15 Months Ended	48 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Acquisition-related exit costs	$ 14,000,000	$ 16,000,000	$ 27,000,000	$ 56,000,000		$ 415,000,000
Other
Restructuring Cost and Reserve [Line Items]
Expected integration exit and other related costs	500,000,000		500,000,000		$ 500,000,000	500,000,000
Acquisition-related exit costs	0	$ 279,000,000	(18,000,000)	$ 279,000,000	477,000,000
Minimum | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Expected integration exit and other related costs	475,000,000		475,000,000		475,000,000	475,000,000
Maximum | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Expected integration exit and other related costs	$ 525,000,000		$ 525,000,000		$ 525,000,000	$ 525,000,000
Expected period of remaining costs to be incurred			3 months

Exit and Other Related Liabil_4

Exit and Other Related Liabilities - Activity in Exit and Other Related Liabilities (Details) - USD ($)	3 Months Ended		9 Months Ended		15 Months Ended	48 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Ameritrade Integration
Restructuring Reserve [Roll Forward]
Balance at beginning of period			$ 54,000,000
Amounts recognized in expense	$ 14,000,000	$ 16,000,000	27,000,000	$ 56,000,000		$ 415,000,000
Costs paid or otherwise settled			(60,000,000)
Balance at end of period	4,000,000		4,000,000		$ 4,000,000	4,000,000
Ameritrade Integration | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	5,000,000	9,000,000	10,000,000	23,000,000		318,000,000
Other
Restructuring Reserve [Roll Forward]
Balance at beginning of period			234,000,000
Amounts recognized in expense	0	279,000,000	(18,000,000)	279,000,000	477,000,000
Costs paid or otherwise settled			(200,000,000)
Balance at end of period	0		0		0	0
Other | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		276,000,000	(34,000,000)	276,000,000	258,000,000
Investor Services Employee Compensation and Benefits | Ameritrade Integration
Restructuring Reserve [Roll Forward]
Balance at beginning of period			42,000,000
Amounts recognized in expense	9,000,000	16,000,000	20,000,000	44,000,000		326,000,000
Costs paid or otherwise settled			(47,000,000)
Balance at end of period	2,000,000		2,000,000		2,000,000	2,000,000
Investor Services Employee Compensation and Benefits | Ameritrade Integration | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services Employee Compensation and Benefits | Ameritrade Integration | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services Employee Compensation and Benefits | Ameritrade Integration | Compensation and benefits | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services Employee Compensation and Benefits | Other
Restructuring Reserve [Roll Forward]
Balance at beginning of period			171,000,000
Amounts recognized in expense		204,000,000	(13,000,000)	204,000,000	352,000,000
Costs paid or otherwise settled			(146,000,000)
Balance at end of period	0		0		0	0
Adjustments			27,000,000
Investor Services Employee Compensation and Benefits | Other | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Investor Services Employee Compensation and Benefits | Other | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Investor Services Employee Compensation and Benefits | Other | Compensation and benefits | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Advisor Services Employee Compensation and Benefits | Ameritrade Integration
Restructuring Reserve [Roll Forward]
Balance at beginning of period			12,000,000
Amounts recognized in expense	5,000,000	0	7,000,000	12,000,000		89,000,000
Costs paid or otherwise settled			(13,000,000)
Balance at end of period	2,000,000		2,000,000		2,000,000	2,000,000
Advisor Services Employee Compensation and Benefits | Ameritrade Integration | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services Employee Compensation and Benefits | Ameritrade Integration | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services Employee Compensation and Benefits | Ameritrade Integration | Compensation and benefits | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services Employee Compensation and Benefits | Other
Restructuring Reserve [Roll Forward]
Balance at beginning of period			63,000,000
Amounts recognized in expense		75,000,000	(5,000,000)	75,000,000	125,000,000
Costs paid or otherwise settled			(54,000,000)
Balance at end of period	$ 0		0		0	$ 0
Adjustments			9,000,000
Advisor Services Employee Compensation and Benefits | Other | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		74,000,000	(9,000,000)	74,000,000	69,000,000
Advisor Services Employee Compensation and Benefits | Other | Compensation and benefits
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		74,000,000	(9,000,000)	74,000,000	69,000,000
Advisor Services Employee Compensation and Benefits | Other | Compensation and benefits | Employee Severance And Retention
Restructuring Reserve [Roll Forward]
Amounts recognized in expense		$ 74,000,000	$ (9,000,000)	$ 74,000,000	$ 69,000,000

Exit and Other Related Liabil_5

Exit and Other Related Liabilities - Summary of Exit and Other Related Costs Recognized in Expense (Details) - USD ($)	3 Months Ended		9 Months Ended		15 Months Ended	48 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024
Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	$ 14,000,000	$ 16,000,000	$ 27,000,000	$ 56,000,000		$ 415,000,000
Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	279,000,000	(18,000,000)	279,000,000	$ 477,000,000
Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	5,000,000	9,000,000	10,000,000	23,000,000		318,000,000
Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		276,000,000	(34,000,000)	276,000,000	258,000,000
Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	1,000,000	3,000,000	2,000,000	8,000,000		51,000,000
Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		2,000,000	3,000,000	2,000,000	20,000,000
Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	8,000,000		13,000,000			16,000,000
Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						1,000,000
Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					5,000,000
Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		4,000,000	2,000,000	25,000,000		29,000,000
Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	13,000,000	1,000,000	194,000,000
Investor Services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	9,000,000	16,000,000	20,000,000	44,000,000		326,000,000
Investor Services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		204,000,000	(13,000,000)	204,000,000	352,000,000
Investor Services | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Investor Services | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	1,000,000	3,000,000	2,000,000	6,000,000		42,000,000
Investor Services | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	2,000,000	1,000,000	15,000,000
Investor Services | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	5,000,000		9,000,000			11,000,000
Investor Services | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						1,000,000
Investor Services | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					4,000,000
Investor Services | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		4,000,000	2,000,000	18,000,000		22,000,000
Investor Services | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	10,000,000	1,000,000	144,000,000
Investor Services | Employee Severance And Retention | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services | Employee Severance And Retention | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Investor Services | Employee Severance And Retention | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	3,000,000	9,000,000	7,000,000	20,000,000		250,000,000
Investor Services | Employee Severance And Retention | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		202,000,000	(25,000,000)	202,000,000	189,000,000
Investor Services | Employee Severance And Retention | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	0		0
Investor Services | Employee Severance And Retention | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Investor Services | Employee Severance And Retention | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0		0			0
Investor Services | Employee Severance And Retention | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						0
Investor Services | Employee Severance And Retention | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					0
Investor Services | Employee Severance And Retention | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0		0
Investor Services | Employee Severance And Retention | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Investor Services | Facility Exit Costs | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	6,000,000	7,000,000	13,000,000	24,000,000		76,000,000
Investor Services | Facility Exit Costs | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		2,000,000	12,000,000	2,000,000	163,000,000
Investor Services | Facility Exit Costs | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	0		0
Investor Services | Facility Exit Costs | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Investor Services | Facility Exit Costs | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	1,000,000	3,000,000	2,000,000	6,000,000		42,000,000
Investor Services | Facility Exit Costs | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	2,000,000	1,000,000	15,000,000
Investor Services | Facility Exit Costs | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	5,000,000		9,000,000			11,000,000
Investor Services | Facility Exit Costs | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						1,000,000
Investor Services | Facility Exit Costs | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					4,000,000
Investor Services | Facility Exit Costs | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		4,000,000	2,000,000	18,000,000		22,000,000
Investor Services | Facility Exit Costs | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	10,000,000	1,000,000	144,000,000
Advisor Services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	5,000,000	0	7,000,000	12,000,000		89,000,000
Advisor Services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		75,000,000	(5,000,000)	75,000,000	125,000,000
Advisor Services | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		74,000,000	(9,000,000)	74,000,000	69,000,000
Advisor Services | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	2,000,000		9,000,000
Advisor Services | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	1,000,000	1,000,000	5,000,000
Advisor Services | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	3,000,000		4,000,000			5,000,000
Advisor Services | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						0
Advisor Services | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					1,000,000
Advisor Services | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	7,000,000		7,000,000
Advisor Services | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	3,000,000	0	50,000,000
Advisor Services | Employee Severance And Retention | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services | Employee Severance And Retention | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		74,000,000	(9,000,000)	74,000,000	69,000,000
Advisor Services | Employee Severance And Retention | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	2,000,000	0	3,000,000	3,000,000		68,000,000
Advisor Services | Employee Severance And Retention | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		74,000,000	(9,000,000)	74,000,000	69,000,000
Advisor Services | Employee Severance And Retention | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	0		0
Advisor Services | Employee Severance And Retention | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Advisor Services | Employee Severance And Retention | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0		0			0
Advisor Services | Employee Severance And Retention | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						0
Advisor Services | Employee Severance And Retention | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					0
Advisor Services | Employee Severance And Retention | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0		0
Advisor Services | Employee Severance And Retention | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Advisor Services | Facility Exit Costs | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	3,000,000	0	4,000,000	9,000,000		21,000,000
Advisor Services | Facility Exit Costs | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	4,000,000	1,000,000	56,000,000
Advisor Services | Facility Exit Costs | Compensation and benefits | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	0		0
Advisor Services | Facility Exit Costs | Compensation and benefits | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	0	0
Advisor Services | Facility Exit Costs | Occupancy and equipment | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	0	0	0	2,000,000		9,000,000
Advisor Services | Facility Exit Costs | Occupancy and equipment | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		1,000,000	1,000,000	1,000,000	5,000,000
Advisor Services | Facility Exit Costs | Depreciation and amortization | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense	$ 3,000,000		4,000,000			5,000,000
Advisor Services | Facility Exit Costs | Professional services | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense						0
Advisor Services | Facility Exit Costs | Professional services | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense					1,000,000
Advisor Services | Facility Exit Costs | Other | Ameritrade Integration
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		0	0	7,000,000		$ 7,000,000
Advisor Services | Facility Exit Costs | Other | Other
Restructuring Cost and Reserve [Line Items]
Amounts recognized in expense		$ 0	$ 3,000,000	$ 0	$ 50,000,000

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Narrative (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Designated as Hedging Instrument | Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Aggregate notional amounts	$ 8.8	$ 8.9

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Gross Fair Values of Derivatives (Details) - Interest rate swaps - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Assets	$ 1,000	$ 0
Liabilities	0	0
Derivative asset less than stated amount		500
Derivative liability less than stated amount	500	500
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Assets	1,000	0
Liabilities	0	0
Derivative asset less than stated amount		500
Derivative liability less than stated amount	500	500
Reduction of derivative asset related to variation margin settlements	73,000	87,000
Reduction of derivative liability related to variation margin settlements	$ 8,000	$ 2,000

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Fair Value Hedge Derivatives (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative basis adjustments, reduction of the amortized cost basis of the close portfolios	$ 14,000	$ 19,000
Debt Securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amortized cost of hedged AFS securities	8,837,000	8,765,000
Cumulative fair value hedging adjustment included in the amortized cost of hedged AFS securities	(66,000)	(85,000)
Amortized cost basis of closed portfolio hedges	2,000,000	2,100,000
Amount of designated hedged items of closed portfolio hedges	1,500,000	1,600,000
Cumulative basis adjustments, reduction of the amortized cost basis of the close portfolios	14,000	19,000
Cumulative fair value hedging adjustments related to securities which hedge accounting has been discontinued, reduction of the the amortized cost basis	$ 2,000
Debt Securities | Maximum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative fair value hedging adjustments related to securities which hedge accounting has been discontinued, reduction of the the amortized cost basis		$ 500

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities - Effect of Fair Value Hedge Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest income, receipts	$ 20		$ 36
Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivatives designated as hedging instruments	(214)	$ 182	(19)	$ 304
Debt Securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged items	$ 216	$ (182)	$ 19	$ (304)

Financial Instruments Subject_3

Financial Instruments Subject to Off-Balance Sheet Credit Risk - Narrative (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Securities Financing Transaction, Fair Value
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	$ 1.3	$ 1.5

Financial Instruments Subject_4

Financial Instruments Subject to Off-Balance Sheet Credit Risk - Offsetting Assets and Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Resale agreements
Gross Assets	$ 13,591,000	$ 8,844,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	13,591,000	8,844,000
Counterparty Offsetting	0	0
Collateral	(13,591,000)	(8,844,000)
Net Amount	0	0
Securities borrowed
Gross Assets	1,311,000	1,563,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	1,311,000	1,563,000
Counterparty Offsetting	(1,270,000)	(1,307,000)
Collateral	(40,000)	(253,000)
Net Amount	1,000	3,000
Interest rate swaps
Total Gross Assets	14,903,000	10,407,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	14,903,000	10,407,000
Counterparty Offsetting	(1,270,000)	(1,307,000)
Collateral	(13,631,000)	(9,097,000)
Net Amount	2,000	3,000
Repurchase agreements
Gross Liabilities	8,093,000	4,903,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	8,093,000	4,903,000
Counterparty Offsetting	0	0
Collateral	(8,093,000)	(4,903,000)
Net Amount	0	0
Securities loaned
Gross Liabilities	12,469,000	5,397,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	12,469,000	5,397,000
Counterparty Offsetting	(1,270,000)	(1,307,000)
Collateral	(10,648,000)	(3,619,000)
Net Amount	551,000	471,000
Secured short-term borrowings
Total	10,593,000	6,553,000
Interest rate swaps
Total Gross Liabilities	23,062,000	11,950,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	23,062,000	11,950,000
Counterparty Offsetting	(1,270,000)	(1,307,000)
Collateral	(21,241,000)	(10,172,000)
Net Amount	551,000	471,000
Fair value of client securities available to be pledged	101,320,000	86,911,000
Available for sale securities, assets pledged	90,018,000	107,646,000
Maturity Overnight and on Demand
Securities loaned
Net Amounts Presented in the Condensed Consolidated Balance Sheets	7,500,000
Maturity 30 to 95 Days
Securities loaned
Net Amounts Presented in the Condensed Consolidated Balance Sheets	$ 5,000,000
Minimum
Interest rate swaps
Remaining contractual maturities on securities loaned	30 days
Maximum
Interest rate swaps
Remaining contractual maturities on securities loaned	95 days
Secured short-term borrowings
Secured short-term borrowings
Gross Liabilities	$ 2,500,000	1,650,000
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Total	2,500,000	1,650,000
Counterparty Offsetting	0	0
Collateral	(2,500,000)	(1,650,000)
Net Amount	0	0
Asset Pledged as Collateral
Interest rate swaps
Available for sale securities, assets pledged	188,000	1,733,000
Interest rate swaps | Asset Pledged as Collateral
Interest rate swaps
Available for sale securities, assets pledged	188,000	195,000
Securities Sold under Agreements to Repurchase
Interest rate swaps
Fair value of collateral pledged in connection with repurchase agreements	8,600,000	5,300,000
Resale and Repurchase Agreements
Interest rate swaps
Fair value of client securities available to be pledged	13,800,000	9,000,000
Interest rate swaps
Interest rate swaps
Gross Assets	1,000	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	1,000	0
Counterparty Offsetting	0	0
Collateral	0	0
Net Amount	1,000	0
Interest rate swaps
Gross Liabilities	0	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheets	0	0
Net Amounts Presented in the Condensed Consolidated Balance Sheets	0	0
Counterparty Offsetting	0	0
Collateral	0	0
Net Amount	0	0
Derivative asset less than stated amount		500
Derivative liability less than stated amount	$ 500	$ 500

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	Sep. 30, 2024	Dec. 31, 2023
Securities Financing Transaction [Line Items]
Fair value of client securities available to be pledged	$ 101,320	$ 86,911
Total collateral pledged to third-parties	41,201	27,043
Fulfillment of requirements with the Options Clearing Corporation
Securities Financing Transaction [Line Items]
Total collateral pledged to third-parties	20,040	13,355
Fulfillment of client short sales
Securities Financing Transaction [Line Items]
Total collateral pledged to third-parties	6,144	7,009
Securities lending to other broker-dealers
Securities Financing Transaction [Line Items]
Total collateral pledged to third-parties	11,725	4,688
Collateral for secured short-term borrowings
Securities Financing Transaction [Line Items]
Total collateral pledged to third-parties	3,292	1,991
Fully Paid Client Securities
Securities Financing Transaction [Line Items]
Total collateral pledged to third-parties	$ 163	$ 179

Fair Values of Assets and Lia_3

Fair Values of Assets and Liabilities - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 third_party_pricing_source
Fair Value Disclosures [Abstract]
Number of third-party sources	3

Fair Values of Assets and Lia_4

Fair Values of Assets and Liabilities - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 90,018	$ 107,646
U.S. agency mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	56,280	62,795
U.S. Treasury securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	15,623	21,471
Corporate debt securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10,246	12,484
Asset-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	6,630	9,087
Foreign government agency securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	523	1,002
U.S. state and municipal securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	585	579
Non-agency commercial mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	112	109
Certificates of deposit
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		100
Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19	19
Fair Value, Recurring
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	14,694	14,573
Investments segregated and on deposit for regulatory purposes:	17,569	20,358
Fair Value	90,018	107,646
Other assets:	2,439	1,913
Total assets	124,720	144,490
Total accrued expenses and other liabilities	2,120	1,733
Total liabilities	2,120	1,733
Fair Value, Recurring | Money market funds
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	14,694	14,573
Fair Value, Recurring | U.S. Government securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	17,569	20,358
Other assets:	12	26
Fair Value, Recurring | U.S. agency mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	56,280	62,795
Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	15,623	21,471
Fair Value, Recurring | Corporate debt securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10,246	12,484
Fair Value, Recurring | Asset-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	6,630	9,087
Fair Value, Recurring | Foreign government agency securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	523	1,002
Fair Value, Recurring | U.S. state and municipal securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	585	579
Fair Value, Recurring | Non-agency commercial mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	112	109
Fair Value, Recurring | Certificates of deposit
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		100
Fair Value, Recurring | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19	19
Fair Value, Recurring | Total other securities owned
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	2,438	1,913
Fair Value, Recurring | Equity, corporate debt, and other securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	1,403	1,065
Fair Value, Recurring | Mutual funds and ETFs
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	981	795
Fair Value, Recurring | State and municipal debt obligations
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	42	27
Fair Value, Recurring | Interest rate swaps
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	1
Fair Value, Recurring | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Total accrued expenses and other liabilities	2,120	1,733
Fair Value, Recurring | Level 1
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	14,694	14,573
Investments segregated and on deposit for regulatory purposes:	0	0
Fair Value	0	0
Other assets:	2,299	1,787
Total assets	16,993	16,360
Total accrued expenses and other liabilities	2,084	1,644
Total liabilities	2,084	1,644
Fair Value, Recurring | Level 1 | Money market funds
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	14,694	14,573
Fair Value, Recurring | Level 1 | U.S. Government securities
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 | Level 1 | U.S. agency mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | U.S. Treasury securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Corporate debt securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Asset-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Foreign government agency securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | U.S. state and municipal securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Non-agency commercial mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Certificates of deposit
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		0
Fair Value, Recurring | Level 1 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 1 | Total other securities owned
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	2,299	1,787
Fair Value, Recurring | Level 1 | Equity, corporate debt, and other securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	1,318	992
Fair Value, Recurring | Level 1 | Mutual funds and ETFs
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	981	795
Fair Value, Recurring | Level 1 | State and municipal debt obligations
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 1 | Interest rate swaps
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0
Fair Value, Recurring | Level 1 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Total accrued expenses and other liabilities	2,084	1,644
Fair Value, Recurring | Level 2
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Investments segregated and on deposit for regulatory purposes:	17,569	20,358
Fair Value	90,018	107,646
Other assets:	140	126
Total assets	107,727	128,130
Total accrued expenses and other liabilities	36	89
Total liabilities	36	89
Fair Value, Recurring | Level 2 | Money market funds
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Fair Value, Recurring | Level 2 | U.S. Government securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Investments segregated and on deposit for regulatory purposes:	17,569	20,358
Other assets:	12	26
Fair Value, Recurring | Level 2 | U.S. agency mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	56,280	62,795
Fair Value, Recurring | Level 2 | U.S. Treasury securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	15,623	21,471
Fair Value, Recurring | Level 2 | Corporate debt securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10,246	12,484
Fair Value, Recurring | Level 2 | Asset-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	6,630	9,087
Fair Value, Recurring | Level 2 | Foreign government agency securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	523	1,002
Fair Value, Recurring | Level 2 | U.S. state and municipal securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	585	579
Fair Value, Recurring | Level 2 | Non-agency commercial mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	112	109
Fair Value, Recurring | Level 2 | Certificates of deposit
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		100
Fair Value, Recurring | Level 2 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19	19
Fair Value, Recurring | Level 2 | Total other securities owned
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	139	126
Fair Value, Recurring | Level 2 | Equity, corporate debt, and other securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	85	73
Fair Value, Recurring | Level 2 | Mutual funds and ETFs
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 2 | State and municipal debt obligations
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	42	27
Fair Value, Recurring | Level 2 | Interest rate swaps
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	1
Fair Value, Recurring | Level 2 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Total accrued expenses and other liabilities	36	89
Fair Value, Recurring | Level 3
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
Total accrued expenses and other liabilities	0	0
Total liabilities	0	0
Fair Value, Recurring | Level 3 | Money market funds
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents:	0	0
Fair Value, Recurring | Level 3 | U.S. Government securities
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 | Level 3 | U.S. agency mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | U.S. Treasury securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Corporate debt securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Asset-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Foreign government agency securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | U.S. state and municipal securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Non-agency commercial mortgage-backed securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Certificates of deposit
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		0
Fair Value, Recurring | Level 3 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Fair Value, Recurring | Level 3 | Total other securities owned
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 3 | Equity, corporate debt, and other securities
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 3 | Mutual funds and ETFs
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 3 | State and municipal debt obligations
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0	0
Fair Value, Recurring | Level 3 | Interest rate swaps
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets:	0
Fair Value, Recurring | Level 3 | Other
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Total accrued expenses and other liabilities	$ 0	$ 0

Fair Values of Assets and Lia_5

Fair Values of Assets and Liabilities - Fair Value of Other Financial Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Held to maturity securities:	$ 149,862	$ 159,452
U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	149,862	159,452
Carrying Amount
Assets
Cash and cash equivalents	20,156	28,764
Cash and investments segregated and on deposit for regulatory purposes	16,055	11,438
Receivables from brokerage clients — net	73,958	68,629
Held to maturity securities:	149,862	159,452
Bank loans – net	43,311	40,439
Other assets	5,055	4,960
Liabilities
Bank deposits	246,462	289,953
Payables to brokerage clients	89,164	84,786
Accrued expenses and other liabilities	17,551	7,609
Other short-term borrowings	10,593	6,553
Federal Home Loan Bank borrowings	22,600	26,400
Long-term debt	22,387	26,043
Carrying Amount | Residential real estate | First Mortgages
Assets
Bank loans – net	26,785	26,121
Carrying Amount | Residential real estate | HELOCs
Assets
Bank loans – net	434	477
Carrying Amount | Pledged asset lines
Assets
Bank loans – net	15,713	13,548
Carrying Amount | Other
Assets
Bank loans – net	379	293
Carrying Amount | U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	149,862	159,452
Portion at Other than Fair Value Measurement
Assets
Cash and cash equivalents	20,156	28,764
Cash and investments segregated and on deposit for regulatory purposes	16,055	11,438
Receivables from brokerage clients — net	73,958	68,629
Held to maturity securities:	140,997	147,091
Bank loans – net	40,516	37,575
Other assets	5,055	4,960
Liabilities
Bank deposits	246,462	289,953
Payables to brokerage clients	89,164	84,786
Accrued expenses and other liabilities	17,551	7,609
Other short-term borrowings	10,593	6,553
Federal Home Loan Bank borrowings	22,600	26,400
Long-term debt	22,013	25,000
Portion at Other than Fair Value Measurement | Residential real estate | First Mortgages
Assets
Bank loans – net	23,959	23,226
Portion at Other than Fair Value Measurement | Residential real estate | HELOCs
Assets
Bank loans – net	465	508
Portion at Other than Fair Value Measurement | Pledged asset lines
Assets
Bank loans – net	15,713	13,548
Portion at Other than Fair Value Measurement | Other
Assets
Bank loans – net	379	293
Portion at Other than Fair Value Measurement | U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	140,997	147,091
Portion at Other than Fair Value Measurement | Level 1
Assets
Cash and cash equivalents	20,156	28,764
Cash and investments segregated and on deposit for regulatory purposes	2,505	2,628
Receivables from brokerage clients — net	0	0
Held to maturity securities:	0	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
Other short-term borrowings	0	0
Federal Home Loan Bank borrowings	0	0
Long-term debt	0	0
Portion at Other than Fair Value Measurement | Level 1 | Residential real estate | First Mortgages
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 1 | Residential real estate | HELOCs
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 1 | Pledged asset lines
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 1 | Other
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 1 | U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	0	0
Portion at Other than Fair Value Measurement | Level 2
Assets
Cash and cash equivalents	0	0
Cash and investments segregated and on deposit for regulatory purposes	13,550	8,810
Receivables from brokerage clients — net	73,958	68,629
Held to maturity securities:	140,997	147,091
Bank loans – net	40,516	37,575
Other assets	5,055	4,960
Liabilities
Bank deposits	246,462	289,953
Payables to brokerage clients	89,164	84,786
Accrued expenses and other liabilities	17,551	7,609
Other short-term borrowings	10,593	6,553
Federal Home Loan Bank borrowings	22,600	26,400
Long-term debt	22,013	25,000
Portion at Other than Fair Value Measurement | Level 2 | Residential real estate | First Mortgages
Assets
Bank loans – net	23,959	23,226
Portion at Other than Fair Value Measurement | Level 2 | Residential real estate | HELOCs
Assets
Bank loans – net	465	508
Portion at Other than Fair Value Measurement | Level 2 | Pledged asset lines
Assets
Bank loans – net	15,713	13,548
Portion at Other than Fair Value Measurement | Level 2 | Other
Assets
Bank loans – net	379	293
Portion at Other than Fair Value Measurement | Level 2 | U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	140,997	147,091
Portion at Other than Fair Value Measurement | Level 3
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	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
Other short-term borrowings	0	0
Federal Home Loan Bank borrowings	0	0
Long-term debt	0	0
Portion at Other than Fair Value Measurement | Level 3 | Residential real estate | First Mortgages
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 3 | Residential real estate | HELOCs
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 3 | Pledged asset lines
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 3 | Other
Assets
Bank loans – net	0	0
Portion at Other than Fair Value Measurement | Level 3 | U.S. agency mortgage-backed securities
Assets
Held to maturity securities:	$ 0	$ 0

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jul. 27, 2022	Jul. 26, 2022
Class of Stock [Line Items]
Value of shares repurchased				$ 2,869
Value of stock repurchased				471
Dividends accrued	$ 103	$ 103	$ 321.4	$ 323.9
Depositary Shares, Series F Preferred Stock
Class of Stock [Line Items]
Repurchase of stock (in shares)				11,620
Value of stock repurchased				$ 11
Depositary Shares, Series G Preferred Stock
Class of Stock [Line Items]
Repurchase of stock (in shares)				42,036
Value of stock repurchased				$ 42
Depositary Shares, Series H Preferred Stock
Class of Stock [Line Items]
Repurchase of stock (in shares)				273,251
Value of stock repurchased				$ 235
Depositary Shares, Series I Preferred Stock
Class of Stock [Line Items]
Repurchase of stock (in shares)				194,567
Value of stock repurchased				$ 179
Series F, Series G, Series H, And Series I Preferred Stock
Class of Stock [Line Items]
Dividends accrued				$ 3
Common Stock
Class of Stock [Line Items]
Share repurchase, authorized amount					$ 15,000	$ 4,000
Shares repurchased (in shares)	0	0	0	37,000,000
Value of shares repurchased				$ 2,800
Remaining amount authorized for share repurchase	$ 8,700		$ 8,700
Preferred Stock
Class of Stock [Line Items]
Repurchase of stock (in shares)	0	0	0
Value of stock repurchased				$ 515

Stockholders' Equity - Preferre

Stockholders' Equity - Preferred Stock Issued and Outstanding (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Shares issued (in shares)	1,429,785	1,429,785
Shares outstanding (in shares)	1,429,785	1,429,785
Carrying value	$ 9,191	$ 9,191
Series D
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
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 F
Class of Stock [Line Items]
Shares issued (in shares)	4,884	4,884
Shares outstanding (in shares)	4,884	4,884
Liquidation preference per share (in USD per share)	$ 100,000
Carrying value	$ 481	$ 481
Dividend rate in effect	5%
Series F | London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Dividend term	3 months
Floating annual rate	2.575%
Series G
Class of Stock [Line Items]
Shares issued (in shares)	24,580	24,580
Shares outstanding (in shares)	24,580	24,580
Liquidation preference per share (in USD per share)	$ 100,000
Carrying value	$ 2,428	$ 2,428
Dividend rate in effect	5.375%
Dividend term	5 years
Series G | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend term	5 years
Floating annual rate	4.971%
Series H
Class of Stock [Line Items]
Shares issued (in shares)	22,267	22,267
Shares outstanding (in shares)	22,267	22,267
Liquidation preference per share (in USD per share)	$ 100,000
Carrying value	$ 2,200	$ 2,200
Dividend rate in effect	4%
Dividend term	10 years
Series H | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend term	10 years
Floating annual rate	3.079%
Series I
Class of Stock [Line Items]
Shares issued (in shares)	20,554	20,554
Shares outstanding (in shares)	20,554	20,554
Liquidation preference per share (in USD per share)	$ 100,000
Carrying value	$ 2,030	$ 2,030
Dividend rate in effect	4%
Dividend term	5 years
Series I | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend term	5 years
Floating annual rate	3.168%
Series K
Class of Stock [Line Items]
Shares issued (in shares)	7,500	7,500
Shares outstanding (in shares)	7,500	7,500
Liquidation preference per share (in USD per share)	$ 100,000
Carrying value	$ 740	$ 740
Dividend rate in effect	5%
Dividend term	5 years
Series K | US Treasury (UST) Interest Rate
Class of Stock [Line Items]
Dividend term	5 years
Floating annual rate	3.256%

Stockholders' Equity - Dividend

Stockholders' Equity - Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Class of Stock [Line Items]
Dividends declared	$ 103	$ 103	$ 321.4	$ 323.9
Series D
Class of Stock [Line Items]
Dividends declared	$ 11.2	$ 11.2	$ 33.5	$ 33.5
Dividends declared, per share amount (in USD per share)	$ 14.88	$ 14.88	$ 44.64	$ 44.64
Series F
Class of Stock [Line Items]
Dividends declared	$ 0	$ 0	$ 12.2	$ 12.2
Dividends declared, per share amount (in USD per share)	$ 0	$ 0	$ 2,500	$ 2,500
Series G
Class of Stock [Line Items]
Dividends declared	$ 33	$ 33	$ 99	$ 99.3
Dividends declared, per share amount (in USD per share)	$ 1,343.75	$ 1,343.75	$ 4,031.25	$ 4,031.25
Series H
Class of Stock [Line Items]
Dividends declared	$ 22.2	$ 22.2	$ 66.7	$ 68.2
Dividends declared, per share amount (in USD per share)	$ 1,000	$ 1,000	$ 3,000	$ 3,000
Series I
Class of Stock [Line Items]
Dividends declared	$ 20.6	$ 20.6	$ 61.8	$ 62.5
Dividends declared, per share amount (in USD per share)	$ 1,000	$ 1,000	$ 3,000	$ 3,000
Series J
Class of Stock [Line Items]
Dividends declared	$ 6.7	$ 6.7	$ 20.1	$ 20.1
Dividends declared, per share amount (in USD per share)	$ 11.13	$ 11.13	$ 33.39	$ 33.39
Series K
Class of Stock [Line Items]
Dividends declared	$ 9.3	$ 9.3	$ 28.1	$ 28.1
Dividends declared, per share amount (in USD per share)	$ 1,250	$ 1,250	$ 3,750	$ 3,750
Series G, Series H, And Series I Preferred Stock
Class of Stock [Line Items]
Dividends declared				$ 3

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 43,953,000	$ 37,147,000	$ 40,958,000	$ 36,608,000
Other net changes	2,318,000	(22,000)	3,513,000	1,869,000
Balance at end of period	47,215,000	37,784,000	47,215,000	37,784,000
Accumulated other comprehensive income, tax expense (benefit)	713,000	(29,000)	1,048,000	508,000
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(16,936,000)	(20,730,000)	(18,131,000)	(22,621,000)
Other net changes	2,318,000	(22,000)	3,513,000	1,869,000
Balance at end of period	(14,618,000)	(20,752,000)	(14,618,000)	(20,752,000)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	1,857,000	(538,000)	2,153,000	367,000
Accumulated other comprehensive income, tax expense (benefit)	577,000	(182,000)	654,000	79,000
Other Reclassifications Included in Other Revenue from Sale of Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	8,000	18,000	23,000	33,000
Accumulated other comprehensive income, tax expense (benefit)	2,000	6,000	7,000	11,000
Amortization of Held to Maturity Securities Transferred from Available for Sale Attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	442,000	498,000	1,336,000	1,476,000
Accumulated other comprehensive income, tax expense (benefit)	134,000	$ 147,000	387,000	420,000
Other Accumulated Other Comprehensive Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other net changes	11,000		1,000	(7,000)
Accumulated other comprehensive income, tax expense (benefit)				$ (2,000)
Other Accumulated Other Comprehensive Income | Maximum
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income, tax expense (benefit)	$ 500		$ 500

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income - Narrative (Details) $ in Billions	Sep. 30, 2024 USD ($)
Equity [Abstract]
Remaining unamortized loss on securities transferred to held to maturity, net of tax	$ 10.2
Remaining unamortized loss on securities transferred to held to maturity, pretax	$ 13.3

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 1,408	$ 1,125	$ 4,102	$ 4,022
Preferred stock dividends and other		(109)	(108)	(341)	(299)
Net Income Available to Common Stockholders		$ 1,299	$ 1,017	$ 3,761	$ 3,723
Weighted-average common shares outstanding - basic (in shares)		1,829	1,821	1,827	1,825
Basic earnings per share (in USD per share)	[1]	$ 0.71	$ 0.56	$ 2.06	$ 2.04
Weighted-average common shares outstanding - diluted (in shares)		1,834	1,827	1,833	1,832
Diluted earnings per share (in USD per share)	[1]	$ 0.71	$ 0.56	$ 2.05	$ 2.03
Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS (in shares)		14	15	18	18
Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 1,369	$ 1,094	$ 3,988	$ 3,910
Preferred stock dividends and other		(106)	(105)	(332)	(291)
Net Income Available to Common Stockholders		$ 1,263	$ 989	$ 3,656	$ 3,619
Weighted-average common shares outstanding - basic (in shares)		1,778	1,770	1,776	1,774
Basic earnings per share (in USD per share)		$ 0.71	$ 0.56	$ 2.06	$ 2.04
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares		$ 36	$ 28	$ 105	$ 104
Allocation of net income available to common stockholders:		$ 1,299	$ 1,017	$ 3,761	$ 3,723
Conversion of nonvoting shares to voting shares (in shares)		51	51	51	51
Common stock equivalent shares related to stock incentive plans (in shares)		5	6	6	7
Weighted-average common shares outstanding - diluted (in shares)		1,834	1,827	1,833	1,832
Diluted earnings per share (in USD per share)		$ 0.71	$ 0.56	$ 2.05	$ 2.03
Nonvoting Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 39	$ 31	$ 114	$ 112
Preferred stock dividends and other		(3)	(3)	(9)	(8)
Net Income Available to Common Stockholders		$ 36	$ 28	$ 105	$ 104
Weighted-average common shares outstanding - basic (in shares)		51	51	51	51
Basic earnings per share (in USD per share)		$ 0.71	$ 0.56	$ 2.06	$ 2.04
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares		$ 0	$ 0	$ 0	$ 0
Allocation of net income available to common stockholders:		$ 36	$ 28	$ 105	$ 104
Conversion of nonvoting shares to voting shares (in shares)		0	0	0	0
Common stock equivalent shares related to stock incentive plans (in shares)		0	0	0	0
Weighted-average common shares outstanding - diluted (in shares)		51	51	51	51
Diluted earnings per share (in USD per share)		$ 0.71	$ 0.56	$ 2.05	$ 2.03
[1]The Company has 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 16 for additional information.

Regulatory Requirements - Regul

Regulatory Requirements - Regulatory Capital and Ratios (Details) $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
CSC
Common Equity Tier 1 Risk-Based Capital
Actual Amount	$ 34,501	$ 31,411
Actual Ratio	0.291	0.245
Minimum Capital Requirement Amount	$ 5,338	$ 5,770
Minimum Capital Requirement Ratio	0.045	0.045
Tier 1 Risk-Based Capital
Actual Amount	$ 43,692	$ 40,602
Actual Ratio	0.368	0.317
Minimum Capital Requirement Amount	$ 7,117	$ 7,694
Minimum Capital Requirement Ratio	0.060	0.060
Total Risk-Based Capital
Actual Amount	$ 43,721	$ 40,645
Actual Ratio	0.369	0.317
Minimum Capital Requirement Amount	$ 9,489	$ 10,258
Minimum Capital Requirement Ratio	0.080	0.080
Tier 1 Leverage
Actual Amount	$ 43,692	$ 40,602
Actual Ratio	0.097	0.085
Minimum Capital Requirement Amount	$ 18,030	$ 19,043
Minimum Capital Requirement Ratio	0.040	0.040
Supplementary Leverage Ratio
Actual Amount	$ 43,692	$ 40,602
Actual Ratio	0.096	0.085
Minimum Capital Requirement Amount	$ 13,618	$ 14,379
Minimum Capital Requirement Ratio	0.030	0.030
CSB
Common Equity Tier 1 Risk-Based Capital
Actual Amount	$ 32,225	$ 31,777
Actual Ratio	0.406	0.379
Minimum to be Well Capitalized Amount	$ 5,165	$ 5,448
Minimum to be Well Capitalized Ratio	0.065	0.065
Minimum Capital Requirement Amount	$ 3,576	$ 3,771
Minimum Capital Requirement Ratio	0.045	0.045
Tier 1 Risk-Based Capital
Actual Amount	$ 32,225	$ 31,777
Actual Ratio	0.406	0.379
Minimum to be Well Capitalized Amount	$ 6,357	$ 6,705
Minimum to be Well Capitalized Ratio	0.080	0.080
Minimum Capital Requirement Amount	$ 4,768	$ 5,029
Minimum Capital Requirement Ratio	0.060	0.060
Total Risk-Based Capital
Actual Amount	$ 32,246	$ 31,816
Actual Ratio	0.406	0.380
Minimum to be Well Capitalized Amount	$ 7,946	$ 8,381
Minimum to be Well Capitalized Ratio	0.100	0.100
Minimum Capital Requirement Amount	$ 6,357	$ 6,705
Minimum Capital Requirement Ratio	0.080	0.080
Tier 1 Leverage
Actual Amount	$ 32,225	$ 31,777
Actual Ratio	0.112	0.101
Minimum to be Well Capitalized Amount	$ 14,396	$ 15,793
Minimum to be Well Capitalized Ratio	0.050	0.050
Minimum Capital Requirement Amount	$ 11,517	$ 12,634
Minimum Capital Requirement Ratio	0.040	0.040
Supplementary Leverage Ratio
Actual Amount	$ 32,225	$ 31,777
Actual Ratio	0.111	0.100
Minimum Capital Requirement Amount	$ 8,700	$ 9,540
Minimum Capital Requirement Ratio	0.030	0.030

Regulatory Requirements - Narra

Regulatory Requirements - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	$ 466,055	$ 493,178
Charles Schwab Premier Bank, SSB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	25,800
Charles Schwab Trust Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total assets	$ 9,600

Regulatory Requirements - Net C

Regulatory Requirements - Net Capital and Net Capital Requirements (Details) - CS&Co - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Net capital	$ 9,888,000	$ 5,629,000
Minimum dollar requirement	250	250
2% of aggregate debit balances	1,786,000	1,069,000
Net capital in excess of required net capital	$ 8,102,000	$ 4,560,000

Segment Information - Narrative

Segment Information - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) reportable_segment	Sep. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | reportable_segment			2
Revenues	$ 4,847,000,000	$ 4,606,000,000	$ 14,277,000,000	$ 14,378,000,000
Intersegment Eliminations
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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Revenues
Net interest revenue	$ 2,222	$ 2,237	$ 6,613	$ 7,297
Total net revenues	4,847	4,606	14,277	14,378
Expenses Excluding Interest	3,005	3,223	8,890	9,194
Income before taxes on income	1,842	1,383	5,387	5,184
Asset management and administration fees
Net Revenues
Revenues from contracts with customers	1,476	1,224	4,207	3,515
Trading revenue
Net Revenues
Revenues from contracts with customers	797	768	2,391	2,463
Bank deposit account fees
Net Revenues
Revenues from contracts with customers	152	205	488	531
Other
Net Revenues
Revenues from contracts with customers	200	172	578	572
Investor Services
Net Revenues
Net interest revenue	1,755	1,710	5,212	5,448
Total net revenues	3,787	3,560	11,113	10,966
Expenses Excluding Interest	2,262	2,356	6,758	6,780
Income before taxes on income	1,525	1,204	4,355	4,186
Investor Services | Asset management and administration fees
Net Revenues
Revenues from contracts with customers	1,046	877	2,966	2,523
Investor Services | Trading revenue
Net Revenues
Revenues from contracts with customers	706	672	2,104	2,148
Investor Services | Bank deposit account fees
Net Revenues
Revenues from contracts with customers	114	157	362	396
Investor Services | Other
Net Revenues
Revenues from contracts with customers	166	144	469	451
Advisor Services
Net Revenues
Net interest revenue	467	527	1,401	1,849
Total net revenues	1,060	1,046	3,164	3,412
Expenses Excluding Interest	743	867	2,132	2,414
Income before taxes on income	317	179	1,032	998
Advisor Services | Asset management and administration fees
Net Revenues
Revenues from contracts with customers	430	347	1,241	992
Advisor Services | Trading revenue
Net Revenues
Revenues from contracts with customers	91	96	287	315
Advisor Services | Bank deposit account fees
Net Revenues
Revenues from contracts with customers	38	48	126	135
Advisor Services | Other
Net Revenues
Revenues from contracts with customers	$ 34	$ 28	$ 109	$ 121