Bank of America (BAC) 10-Q 31 Oct 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 30, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	1-6523
Entity Registrant Name	Bank of America Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-0906609
Entity Address, Address Line One	100 N. Tryon Street
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28255
City Area Code	704
Local Phone Number	386-5681
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,913,732,014
Entity Central Index Key	0000070858
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Stock, par value $0.01 per share
Document Information [Line Items]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	BAC
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of Floating Rate Non-Cumulative Preferred Stock, Series E
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share
Trading Symbol	BAC PrE
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 6.000% Non-Cumulative Preferred Stock, Series GG
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share
Trading Symbol	BAC PrB
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 5.875% Non-Cumulative Preferred Stock, HH
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share
Trading Symbol	BAC PrK
Security Exchange Name	NYSE
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L
Document Information [Line Items]
Title of 12(b) Security	7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L
Trading Symbol	BAC PrL
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-Cumulative Preferred Stock, Series 1
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,200th interest in a share
Trading Symbol	BML PrG
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-Cumulative Preferred Stock, Series 2
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,200th interest in a share
Trading Symbol	BML PrH
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-Cumulative Preferred Stock, Series 4
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,200th interest in a share
Trading Symbol	BML PrJ
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-Cumulative Preferred Stock, Series 5
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,200th interest in a share
Trading Symbol	BML PrL
Security Exchange Name	NYSE
Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIII (and the guarantee related thereto)
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Preferred Hybrid Income Term Securities of BAC Capital
Trading Symbol	BAC/PF
Security Exchange Name	NYSE
5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIV (and the guarantee related thereto)
Document Information [Line Items]
Title of 12(b) Security	5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities
Trading Symbol	BAC/PG
Security Exchange Name	NYSE
Income Capital Obligation Notes initially due December 15, 2066 of Bank of America Corporation
Document Information [Line Items]
Title of 12(b) Security	Income Capital Obligation Notes initially due December 15, 2066 of
Trading Symbol	MER PrK
Security Exchange Name	NYSE
Senior Medium-Term Notes, Series A, Step Up Callable Notes, due November 28, 2031 of BofA Finance LLC (and the guarantee of the Registrant with respect thereto)
Document Information [Line Items]
Title of 12(b) Security	Senior Medium-Term Notes, Series A, Step Up Callable Notes, due
Trading Symbol	BAC/31B
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 5.375% Non-Cumulative Preferred Stock, Series KK
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share of
Trading Symbol	BAC PrM
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LL
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share
Trading Symbol	BAC PrN
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 4.375% Non-Cumulative Preferred Stock, Series NN
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share of
Trading Symbol	BAC PrO
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 4.125% Non-Cumulative Preferred Stock, Series PP
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share of
Trading Symbol	BAC PrP
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 4.250% Non-Cumulative Preferred Stock, Series QQ
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share of
Trading Symbol	BAC PrQ
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SS
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1,000th interest in a share
Trading Symbol	BAC PrS
Security Exchange Name	NYSE

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net interest income
Interest income	$ 33,624	$ 19,621	$ 94,633	$ 47,490
Interest expense	19,245	5,856	51,648	9,709
Net interest income	14,379	13,765	42,985	37,781
Noninterest income
Fees and commissions	8,135	8,001	23,990	25,477
Market making and similar activities	3,325	3,068	11,734	9,023
Other income	(672)	(332)	(2,087)	(1,863)
Total noninterest income	10,788	10,737	33,637	32,637
Total revenue, net of interest expense	25,167	24,502	76,622	70,418
Provision for credit losses	1,234	898	3,290	1,451
Noninterest expense
Compensation and benefits	9,551	8,887	28,870	27,286
Occupancy and equipment	1,795	1,777	5,370	5,285
Information processing and communications	1,676	1,546	5,017	4,621
Product delivery and transaction related	880	892	2,726	2,749
Professional fees	545	525	1,609	1,493
Marketing	501	505	1,472	1,365
Other general operating	890	1,171	3,050	3,096
Total noninterest expense	15,838	15,303	48,114	45,895
Income before income taxes	8,095	8,301	25,218	23,072
Income tax expense	293	1,219	1,847	2,676
Net income	7,802	7,082	23,371	20,396
Preferred stock dividends	532	503	1,343	1,285
Net income applicable to common shareholders	$ 7,270	$ 6,579	$ 22,028	$ 19,111
Per common share information
Earnings (in dollars per share)	$ 0.91	$ 0.81	$ 2.74	$ 2.35
Diluted earnings (in dollars per share)	$ 0.90	$ 0.81	$ 2.72	$ 2.34
Average common shares issued and outstanding (in shares)	8,017.1	8,107.7	8,041.3	8,122.2
Average diluted common shares issued and outstanding (in shares)	8,075.9	8,160.8	8,153.4	8,173.3

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 7,802	$ 7,082	$ 23,371	$ 20,396
Other comprehensive income (loss), net-of-tax:
Net change in debt securities	(642)	(1,112)	81	(6,381)
Net change in debit valuation adjustments	(25)	462	(419)	1,298
Net change in derivatives	(366)	(3,703)	(317)	(10,890)
Employee benefit plan adjustments	6	37	25	97
Net change in foreign currency translation adjustments	(23)	(37)	(6)	(47)
Other comprehensive income (loss)	(1,050)	(4,353)	(636)	(15,923)
Comprehensive income (loss)	$ 6,752	$ 2,729	$ 22,735	$ 4,473

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 25,255	$ 30,334
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	326,471	199,869
Cash and cash equivalents	351,726	230,203
Time deposits placed and other short-term investments	7,995	7,259
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $170,332 and $146,999 measured at fair value)	309,249	267,574
Trading account assets (includes $154,684 and $115,505 pledged as collateral)	306,409	296,108
Derivative assets	47,464	48,642
Debt securities:
Carried at fair value	175,540	229,994
Held-to-maturity, at cost (fair value $471,761 and $524,267)	603,333	632,825
Total debt securities	778,873	862,819
Loans and leases (includes $4,250 and $5,771 measured at fair value)	1,049,149	1,045,747
Allowance for loan and lease losses	(13,287)	(12,682)
Loans and leases, net of allowance	1,035,862	1,033,065
Premises and equipment, net	11,821	11,510
Goodwill	69,021	69,022
Loans held-for-sale (includes $1,607 and $1,115 measured at fair value)	7,591	6,871
Customer and other receivables	74,347	67,543
Other assets (includes $9,058 and $9,594 measured at fair value)	152,732	150,759
Total assets	3,153,090	3,051,375
Deposits in U.S. offices:
Noninterest-bearing	549,333	640,745
Interest-bearing (includes $404 and $311 measured at fair value)	1,228,039	1,182,590
Deposits in non-U.S. offices:
Noninterest-bearing	15,276	20,480
Interest-bearing	91,953	86,526
Total deposits	1,884,601	1,930,341
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $209,837 and $151,708 measured at fair value)	300,703	195,635
Trading account liabilities	102,820	80,399
Derivative liabilities	40,855	44,816
Short-term borrowings (includes $4,046 and $832 measured at fair value)	40,196	26,932
Accrued expenses and other liabilities (includes $10,011 and $9,752 measured at fair value and $1,353 and $1,540 of reserve for unfunded lending commitments)	206,492	224,073
Long-term debt (includes $39,443 and $33,070 measured at fair value)	290,359	275,982
Total liabilities	2,866,026	2,778,178
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities) and (Note 10 – Commitments and Contingencies)
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 4,088,099 and 4,088,101 shares	28,397	28,397
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,923,357,339 and 7,996,777,943 shares	56,710	58,953
Retained earnings	223,749	207,003
Accumulated other comprehensive income (loss)	(21,792)	(21,156)
Total shareholders’ equity	287,064	273,197
Total liabilities and shareholders’ equity	3,153,090	3,051,375
Consolidated VIEs
Assets
Trading account assets (includes $154,684 and $115,505 pledged as collateral)	4,654	2,816
Debt securities:
Loans and leases (includes $4,250 and $5,771 measured at fair value)	16,902	16,738
Allowance for loan and lease losses	(809)	(797)
Loans and leases, net of allowance	16,093	15,941
Other assets (includes $9,058 and $9,594 measured at fair value)	222	116
Total assets	20,969	18,873
Deposits in non-U.S. offices:
Short-term borrowings (includes $4,046 and $832 measured at fair value)	2,059	42
Long-term debt (includes $39,443 and $33,070 measured at fair value)	6,566	4,581
All other liabilities (includes $12 and $13 of non-recourse liabilities)	12	12
Total liabilities	$ 8,637	$ 4,635

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Assets
Federal funds sold and securities borrowed or purchased under agreements to resell measured at fair value	$ 170,332	$ 146,999
Trading account assets, pledged as collateral	154,684	115,505
Debt securities:
Fair Value	471,761	524,267
Loans and leases, measured at fair value	4,250	5,771
Loans held for sale, measured at fair value	1,607	1,115
Other assets, measured at fair value	9,058	9,594
Deposits in U.S. offices:
Interest bearing, measured at fair value	404	311
Federal funds purchased and securities loans or sold under agreements to repurchase, at fair value	209,837	151,708
Short-term borrowings, measured at fair value	4,046	832
Accrued expenses and other liabilities, measured at fair value	10,011	9,752
Accrued expenses and other liabilities, reserve for unfunded lending commitments	1,353	1,540
Long-term debt, measured at fair value	$ 39,443	$ 33,070
Shareholders’ equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock authorized (in shares)	100,000,000	100,000,000
Preferred stock issued (in shares)	4,088,099	4,088,101
Preferred stock outstanding (in shares)	4,088,099	4,088,101
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	12,800,000,000	12,800,000,000
Common stock issued (in shares)	7,923,357,339	7,996,777,943
Common stock outstanding (in shares)	7,923,357,339	7,996,777,943
Short-term borrowings	$ 40,196	$ 26,932
Long-term debt	290,359	275,982
Consolidated VIEs
Shareholders’ equity
Short-term borrowings	2,059	42
Long-term debt	6,566	4,581
All other liabilities	12	12
Consolidated VIEs | Nonrecourse
Shareholders’ equity
Short-term borrowings	23	42
Long-term debt	6,566	4,581
All other liabilities	$ 12	$ 13

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment	Preferred Stock	Common Stock and Additional Paid-in Capital	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2021	$ 270,066		$ 24,708	$ 62,398	$ 188,064		$ (5,104)
Beginning balance (in shares) at Dec. 31, 2021				8,077.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	20,396				20,396
Net change in debt securities	(6,381)						(6,381)
Net change in debit valuation adjustments	1,298						1,298
Net change in derivatives	(10,890)						(10,890)
Employee benefit plan adjustments	97						97
Net change in foreign currency translation adjustments	(47)						(47)
Dividends declared:
Common	(5,188)				(5,188)
Preferred	(1,285)				(1,285)
Issuance of preferred stock	4,426		4,426
Common stock issued under employee plans, net, and other	1,107			$ 1,137	(30)
Common stock issued under employee plans, net, and other (in shares)				44.5
Common stock repurchased	(4,075)			$ (4,075)
Common stock repurchased (in shares)				(97.8)
Ending balance at Sep. 30, 2022	269,524		29,134	$ 59,460	201,957		(21,027)
Ending balance (in shares) at Sep. 30, 2022				8,024.5
Beginning balance at Jun. 30, 2022	269,118		29,134	$ 59,499	197,159		(16,674)
Beginning balance (in shares) at Jun. 30, 2022				8,035.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,082				7,082
Net change in debt securities	(1,112)						(1,112)
Net change in debit valuation adjustments	462						462
Net change in derivatives	(3,703)						(3,703)
Employee benefit plan adjustments	37						37
Net change in foreign currency translation adjustments	(37)						(37)
Dividends declared:
Common	(1,780)				(1,780)
Preferred	(503)				(503)
Common stock issued under employee plans, net, and other	410			$ 411	(1)
Common stock issued under employee plans, net, and other (in shares)				2.5
Common stock repurchased	(450)			$ (450)
Common stock repurchased (in shares)				(13.2)
Ending balance at Sep. 30, 2022	269,524		29,134	$ 59,460	201,957		(21,027)
Ending balance (in shares) at Sep. 30, 2022				8,024.5
Beginning balance at Dec. 31, 2022	273,197	$ 184	28,397	$ 58,953	207,003	$ 184	(21,156)
Beginning balance (in shares) at Dec. 31, 2022				7,996.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	23,371				23,371
Net change in debt securities	81						81
Net change in debit valuation adjustments	(419)						(419)
Net change in derivatives	(317)						(317)
Employee benefit plan adjustments	25						25
Net change in foreign currency translation adjustments	(6)						(6)
Dividends declared:
Common	(5,459)				(5,459)
Preferred	(1,343)				(1,343)
Common stock issued under employee plans, net, and other	1,515			$ 1,522	(7)
Common stock issued under employee plans, net, and other (in shares)				45.1
Common stock repurchased	(3,765)			$ (3,765)
Common stock repurchased (in shares)				(118.5)
Ending balance at Sep. 30, 2023	287,064		28,397	$ 56,710	223,749		(21,792)
Ending balance (in shares) at Sep. 30, 2023				7,923.4
Beginning balance at Jun. 30, 2023	283,319		28,397	$ 57,267	218,397		(20,742)
Beginning balance (in shares) at Jun. 30, 2023				7,953.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,802				7,802
Net change in debt securities	(642)						(642)
Net change in debit valuation adjustments	(25)						(25)
Net change in derivatives	(366)						(366)
Employee benefit plan adjustments	6						6
Net change in foreign currency translation adjustments	(23)						(23)
Dividends declared:
Common	(1,919)				(1,919)
Preferred	(531)				(531)
Common stock issued under employee plans, net, and other	443			$ 443
Common stock issued under employee plans, net, and other (in shares)				2.3
Common stock repurchased	(1,000)			$ (1,000)
Common stock repurchased (in shares)				(32.5)
Ending balance at Sep. 30, 2023	$ 287,064		$ 28,397	$ 56,710	$ 223,749		$ (21,792)
Ending balance (in shares) at Sep. 30, 2023				7,923.4

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating activities
Net income	$ 23,371	$ 20,396
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	3,290	1,451
(Gains) losses on sales of debt securities	404	(37)
Depreciation and amortization	1,530	1,476
Net amortization of premium/discount on debt securities	155	1,862
Deferred income taxes	(1,440)	620
Stock-based compensation	2,214	2,235
Loans held-for-sale:
Originations and purchases	(11,545)	(18,736)
Proceeds from sales and paydowns of loans originally classified as held for sale and instruments from related securitization activities	10,716	27,260
Net change in:
Trading and derivative assets/liabilities	4,681	(106,322)
Other assets	(6,887)	7,623
Accrued expenses and other liabilities	(18,086)	23,869
Other operating activities, net	3,855	978
Net cash provided by (used in) operating activities	12,258	(37,325)
Investing activities
Time deposits placed and other short-term investments	(736)	(305)
Federal funds sold and securities borrowed or purchased under agreements to resell	(41,675)	(24,527)
Debt securities carried at fair value:
Proceeds from sales	94,080	58,888
Proceeds from paydowns and maturities	50,008	90,161
Purchases	(90,855)	(114,027)
Held-to-maturity debt securities:
Proceeds from paydowns and maturities	28,517	53,340
Purchases	(98)	(24,059)
Loans and leases:
Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities	7,734	20,544
Purchases	(3,935)	(4,618)
Other changes in loans and leases, net	(9,973)	(69,267)
Other investing activities, net	(4,271)	(3,039)
Net cash provided by (used in) investing activities	28,796	(16,909)
Financing activities
Deposits	(45,740)	(126,434)
Federal funds purchased and securities loaned or sold under agreements to repurchase	105,068	23,298
Short-term borrowings	13,264	(2,709)
Long-term debt:
Proceeds from issuance	52,955	55,202
Retirement	(32,167)	(24,390)
Preferred stock:
Proceeds from issuance	0	4,426
Common stock repurchased	(3,765)	(4,075)
Cash dividends paid	(6,854)	(6,471)
Other financing activities, net	(707)	(501)
Net cash provided by (used in) financing activities	82,054	(81,654)
Effect of exchange rate changes on cash and cash equivalents	(1,585)	(7,357)
Net increase (decrease) in cash and cash equivalents	121,523	(143,245)
Cash and cash equivalents at January 1	230,203	348,221
Cash and cash equivalents at September 30	$ 351,726	$ 204,976

Summary of Significant Accounti

Summary of Significant Accounting Principles	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Principles	Summary of Significant Accounting Principles Bank of America Corporation, a bank holding company and a financial holding company, provides a diverse range of financial services and products throughout the U.S. and in certain international markets. The term “the Corporation” as used herein may refer to Bank of America Corporation, individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. Principles of Consolidation and Basis of Presentation The Consolidated Financial Statements include the accounts of the Corporation and its majority-owned subsidiaries and those variable interest entities (VIEs) where the Corporation is the primary beneficiary. Intercompany accounts and transactions have been eliminated. Results of operations of acquired companies are included from the dates of acquisition, and for VIEs, from the dates that the Corporation became the primary beneficiary. Assets held in an agency or fiduciary capacity are not included in the Consolidated Financial Statements. The Corporation accounts for investments in companies for which it owns a voting interest and for which it has the ability to exercise significant influence over operating and financing decisions using the equity method of accounting. These investments, which include the Corporation’s interests in affordable housing and renewable energy partnerships, are recorded in other assets. Equity method investments are subject to impairment testing, and the Corporation’s proportionate share of income or loss is included in other income. The preparation of the Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect reported amounts and disclosures. Actual results could materially differ from those estimates and assumptions. These unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements, and related notes thereto, of the Corporation’s 2022 Annual Report on Form 10-K. The nature of the Corporation’s business is such that the results of any interim period are not necessarily indicative of results for a full year. In the opinion of management, all adjustments, which consist of normal recurring adjustments necessary for a fair statement of the interim period results, have been made. The Corporation evaluates subsequent events through the date of filing with the Securities and Exchange Commission (SEC). Certain prior-period amounts have been reclassified to conform to current-period presentation. New Accounting Standard Issued Investments – Equity Method and Joint Ventures The FASB updated its guidance on the accounting for tax credit investments, which permits entities to make an accounting policy election to apply the proportional amortization method when certain conditions are met. The new accounting guidance is effective on a retrospective or modified retrospective basis beginning on January 1, 2024, with early adoption permitted. If adopted, the Corporation does not expect the guidance to have a material impact on its consolidated financial position or results of operations. New Accounting Standard Adopted Financial Instruments – Credit Losses On January 1, 2023, the Corporation adopted the new accounting and disclosure requirements for expected credit losses (ECL) that removed the recognition and measurement guidance on troubled debt restructurings (TDRs) and added disclosures on the financial effect and subsequent performance of certain types of modifications made to borrowers experiencing financial difficulties. Upon adoption of the standard, the Corporation recorded a reduction of $243 million in the allowance for credit losses for the impact of changes in the methodology used to estimate the allowance for credit losses for non-collateral dependent consumer and commercial TDRs. There was no impact to the valuation of loans previously classified as collateral-dependent TDRs. After adjusting for deferred taxes, the Corporation recorded an increase of $184 million in retained earnings through a cumulative-effect adjustment. The additional disclosures are included in Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses on a prospective basis and include loan modifications where the contractual payment terms of the borrower’s loan agreement were modified through a refinancing or restructuring. Modifications that do not impact the contractual payment terms, such as covenant waivers, insignificant payment deferrals, and any modifications made to loans carried at fair value, loans held-for-sale (LHFS) and leases are not included in the disclosures. The Corporation uses various indicators to identify borrowers in financial difficulty. Consumer loan borrowers that are delinquent and commercial loan borrowers that are rated substandard or worse are the primary criteria used to identify borrowers who are experiencing financial difficulty. If a borrower is current at the time of modification, the loan generally remains a performing loan as long as there is demonstrated performance prior to the modification, and payment in full under the modified terms is expected. Otherwise, the loan is placed on nonaccrual status and reported as nonperforming, excluding fully-insured consumer real estate loans, until there is sustained repayment performance for a reasonable period. The allowance for loan and lease losses for modified loans is determined in a manner consistent with the methodology for the respective class and credit rating of the financing receivable as described in Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K.

Net Interest Income and Noninte

Net Interest Income and Noninterest Income	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Net Interest Income and Noninterest Income	Net Interest Income and Noninterest Income The table below presents the Corporation’s net interest income and noninterest income disaggregated by revenue source for the three and nine months ended September 30, 2023 and 2022. For more information, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . For a disaggregation of noninterest income by business segment and All Other , see Note 17 – Business Segment Information. Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Net interest income Interest income Loans and leases $ 14,830 $ 10,231 $ 41,897 $ 25,805 Debt securities 4,658 4,239 14,809 12,111 Federal funds sold and securities borrowed or purchased under agreements to resell 4,888 1,446 13,555 1,835 Trading account assets 2,217 1,449 6,321 3,753 Other interest income 7,031 2,256 18,051 3,986 Total interest income 33,624 19,621 94,633 47,490 Interest expense Deposits 7,340 1,235 17,439 1,719 Short-term borrowings 7,629 2,264 22,164 2,705 Trading account liabilities 510 383 1,486 1,117 Long-term debt 3,766 1,974 10,559 4,168 Total interest expense 19,245 5,856 51,648 9,709 Net interest income $ 14,379 $ 13,765 $ 42,985 $ 37,781 Noninterest income Fees and commissions Card income Interchange fees (1) $ 994 $ 1,060 $ 2,973 $ 3,067 Other card income 526 513 1,562 1,464 Total card income 1,520 1,573 4,535 4,531 Service charges Deposit-related fees 1,124 1,162 3,266 4,109 Lending-related fees 340 304 972 907 Total service charges 1,464 1,466 4,238 5,016 Investment and brokerage services Asset management fees 3,103 2,920 8,990 9,308 Brokerage fees 860 875 2,664 2,870 Total investment and brokerage services 3,963 3,795 11,654 12,178 Investment banking fees Underwriting income 531 452 1,757 1,559 Syndication fees 209 283 620 896 Financial advisory services 448 432 1,186 1,297 Total investment banking fees 1,188 1,167 3,563 3,752 Total fees and commissions 8,135 8,001 23,990 25,477 Market making and similar activities 3,325 3,068 11,734 9,023 Other income (loss) (672) (332) (2,087) (1,863) Total noninterest income $ 10,788 $ 10,737 $ 33,637 $ 32,637

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Derivative Balances Derivatives are entered into on behalf of customers, for trading or to support risk management activities. Derivatives used in risk management activities include derivatives that may or may not be designated in qualifying hedge accounting relationships. Derivatives that are not designated in qualifying hedge accounting relationships are referred to as other risk management derivatives. For more information on the Corporation’s derivatives and hedging activities, see Note 1 – Summary of Significant Accounting Principles and Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The following tables present derivative instruments included on the Consolidated Balance Sheet in derivative assets and liabilities at September 30, 2023 and December 31, 2022. Balances are presented on a gross basis, prior to the application of counterparty and cash collateral netting. Total derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and have been reduced by cash collateral received or paid. September 30, 2023 Gross Derivative Assets Gross Derivative Liabilities (Dollars in billions) Contract/ Notional (1) Trading and Other Risk Management Derivatives Qualifying Total Trading and Other Risk Management Derivatives Qualifying Total Interest rate contracts Swaps $ 20,628.1 $ 149.2 $ 9.0 $ 158.2 $ 125.0 $ 29.7 $ 154.7 Futures and forwards 3,903.6 11.1 — 11.1 9.5 — 9.5 Written options (2) 1,874.9 — — — 42.4 — 42.4 Purchased options (3) 1,764.8 43.0 — 43.0 — — — Foreign exchange contracts Swaps 1,905.9 41.2 0.7 41.9 38.6 0.2 38.8 Spot, futures and forwards 4,947.1 49.3 1.1 50.4 47.1 0.9 48.0 Written options (2) 464.4 — — — 7.4 — 7.4 Purchased options (3) 442.3 7.8 — 7.8 — — — Equity contracts Swaps 411.2 12.7 — 12.7 14.0 — 14.0 Futures and forwards 138.4 2.1 — 2.1 1.4 — 1.4 Written options (2) 1,018.1 — — — 47.8 — 47.8 Purchased options (3) 873.1 42.0 — 42.0 — — — Commodity contracts Swaps 62.7 3.2 — 3.2 4.5 — 4.5 Futures and forwards 185.9 3.7 — 3.7 2.4 0.7 3.1 Written options (2) 61.1 — — — 3.5 — 3.5 Purchased options (3) 67.0 3.2 — 3.2 — — — Credit derivatives (4) Purchased credit derivatives: Credit default swaps 412.6 2.3 — 2.3 1.9 — 1.9 Total return swaps/options 66.0 1.5 — 1.5 0.9 — 0.9 Written credit derivatives: Credit default swaps 386.2 1.6 — 1.6 2.0 — 2.0 Total return swaps/options 61.7 1.4 — 1.4 0.5 — 0.5 Gross derivative assets/liabilities $ 375.3 $ 10.8 $ 386.1 $ 348.9 $ 31.5 $ 380.4 Less: Legally enforceable master netting agreements (305.7) (305.7) Less: Cash collateral received/paid (32.9) (33.8) Total derivative assets/liabilities $ 47.5 $ 40.9 (1) Represents the total contract/notional amount of derivative assets and liabilities outstanding. (2) Includes certain out-of-the-money purchased options that have a liability amount primarily due to the deferral of option premiums to the end of the contract. (3) Includes certain out-of-the-money written options that have an asset amount primarily due to the deferral of option premiums to the end of the contract. (4) The net derivative asset (liability) and notional amount of written credit derivatives for which the Corporation held purchased credit derivatives with identical underlying referenced names were $(420) million and $366.1 billion at September 30, 2023. December 31, 2022 Gross Derivative Assets Gross Derivative Liabilities (Dollars in billions) Contract/ Notional (1) Trading and Other Risk Management Derivatives Qualifying Total Trading and Other Risk Management Derivatives Qualifying Total Interest rate contracts Swaps $ 18,285.9 $ 138.2 $ 20.7 $ 158.9 $ 120.3 $ 36.7 $ 157.0 Futures and forwards 2,796.3 8.6 — 8.6 7.8 — 7.8 Written options (2) 1,657.9 — — — 41.4 — 41.4 Purchased options (3) 1,594.7 42.4 — 42.4 — — — Foreign exchange contracts Swaps 1,509.0 44.0 0.3 44.3 43.3 0.4 43.7 Spot, futures and forwards 4,159.3 59.9 0.1 60.0 62.1 0.6 62.7 Written options (2) 392.2 — — — 8.1 — 8.1 Purchased options (3) 362.6 8.3 — 8.3 — — — Equity contracts Swaps 394.0 10.8 — 10.8 12.2 — 12.2 Futures and forwards 114.6 3.3 — 3.3 1.0 — 1.0 Written options (2) 746.8 — — — 45.0 — 45.0 Purchased options (3) 671.6 40.9 — 40.9 — — — Commodity contracts Swaps 56.0 5.1 — 5.1 5.3 — 5.3 Futures and forwards 157.3 3.0 — 3.0 2.3 0.8 3.1 Written options (2) 59.5 — — — 3.3 — 3.3 Purchased options (3) 61.8 3.6 — 3.6 — — — Credit derivatives (4) Purchased credit derivatives: Credit default swaps 319.9 2.8 — 2.8 1.6 — 1.6 Total return swaps/options 71.5 0.7 — 0.7 3.0 — 3.0 Written credit derivatives: Credit default swaps 295.2 1.2 — 1.2 2.4 — 2.4 Total return swaps/options 85.3 4.4 — 4.4 0.9 — 0.9 Gross derivative assets/liabilities $ 377.2 $ 21.1 $ 398.3 $ 360.0 $ 38.5 $ 398.5 Less: Legally enforceable master netting agreements (315.9) (315.9) Less: Cash collateral received/paid (33.8) (37.8) Total derivative assets/liabilities $ 48.6 $ 44.8 (1) Represents the total contract/notional amount of derivative assets and liabilities outstanding. (2) Includes certain out-of-the-money purchased options that have a liability amount primarily due to the deferral of option premiums to the end of the contract. (3) Includes certain out-of-the-money written options that have an asset amount primarily due to the deferral of option premiums to the end of the contract. (4) The net derivative asset (liability) and notional amount of written credit derivatives for which the Corporation held purchased credit derivatives with identical underlying referenced names were $(1.2) billion and $276.9 billion at December 31, 2022. Offsetting of Derivatives The Corporation enters into International Swaps and Derivatives Association, Inc. (ISDA) master netting agreements or similar agreements with substantially all of the Corporation’s derivative counterparties. For more information, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The following table presents derivative instruments included in derivative assets and liabilities on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022 by primary risk (e.g., interest rate risk) and the platform, where applicable, on which these derivatives are transacted. Balances are presented on a gross basis, prior to the application of counterparty and cash collateral netting. Total gross derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements, which include reducing the balance for counterparty netting and cash collateral received or paid. For more information on offsetting of securities financing agreements, see Note 9 – Securities Financing Agreements, Collateral and Restricted Cash . Offsetting of Derivatives (1) Derivative Derivative Derivative Derivative (Dollars in billions) September 30, 2023 December 31, 2022 Interest rate contracts Over-the-counter $ 135.6 $ 127.9 $ 138.4 $ 132.3 Exchange-traded 0.4 0.2 0.4 0.1 Over-the-counter cleared 75.3 75.5 71.4 71.1 Foreign exchange contracts Over-the-counter 97.8 92.5 109.7 110.6 Over-the-counter cleared 0.9 0.9 1.3 1.2 Equity contracts Over-the-counter 23.9 27.3 21.5 22.6 Exchange-traded 32.6 34.0 33.0 33.8 Commodity contracts Over-the-counter 6.8 8.0 8.3 9.3 Exchange-traded 2.4 2.4 2.4 1.9 Over-the-counter cleared 0.4 0.5 0.3 0.3 Credit derivatives Over-the-counter 6.7 5.2 8.9 7.5 Total gross derivative assets/liabilities, before netting Over-the-counter 270.8 260.9 286.8 282.3 Exchange-traded 35.4 36.6 35.8 35.8 Over-the-counter cleared 76.6 76.9 73.0 72.6 Less: Legally enforceable master netting agreements and cash collateral received/paid Over-the-counter (228.9) (229.4) (243.8) (248.2) Exchange-traded (34.5) (34.5) (33.5) (33.5) Over-the-counter cleared (75.2) (75.6) (72.4) (72.0) Derivative assets/liabilities, after netting 44.2 34.9 45.9 37.0 Other gross derivative assets/liabilities (2) 3.3 6.0 2.7 7.8 Total derivative assets/liabilities 47.5 40.9 48.6 44.8 Less: Financial instruments collateral (3) (18.5) (9.9) (18.5) (7.4) Total net derivative assets/liabilities $ 29.0 $ 31.0 $ 30.1 $ 37.4 (1) Over-the-counter derivatives include bilateral transactions between the Corporation and a particular counterparty. Over-the-counter cleared derivatives include bilateral transactions between the Corporation and a counterparty where the transaction is cleared through a clearinghouse. Exchange-traded derivatives include listed options transacted on an exchange. (2) Consists of derivatives entered into under master netting agreements where the enforceability of these agreements is uncertain under bankruptcy laws in some countries or industries. (3) Amounts are limited to the derivative asset/liability balance and, accordingly, do not include excess collateral received/pledged. Financial instruments collateral includes securities collateral received or pledged and cash securities held and posted at third-party custodians that are not offset on the Consolidated Balance Sheet but shown as a reduction to derive net derivative assets and liabilities. Derivatives Designated as Accounting Hedges The Corporation uses various types of interest rate and foreign exchange derivative contracts to protect against changes in the fair value of its assets and liabilities due to fluctuations in interest rates and foreign exchange rates (fair value hedges). The Corporation also uses these types of contracts to protect against changes in the cash flows of its assets and liabilities, and other forecasted transactions (cash flow hedges). The Corporation hedges its net investment in consolidated non-U.S. operations determined to have functional currencies other than the U.S. dollar using forward exchange contracts and cross-currency basis swaps, and by issuing foreign currency- denominated debt (net investment hedges). Fair Value Hedges The table below summarizes information related to fair value hedges for the three and nine months ended September 30, 2023 and 2022. Gains and Losses on Derivatives Designated as Fair Value Hedges Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 (Dollars in millions) Derivative Hedged Item Derivative Hedged Item Interest rate risk on long-term debt (1) $ (4,339) $ 4,299 $ (8,435) $ 8,437 Interest rate and foreign currency risk (2) 114 (113) (77) 78 Interest rate risk on available-for-sale securities (3) 1,934 (1,927) 8,675 (8,769) Price risk on commodity inventory (4) 410 (410) 1,006 (938) Total $ (1,881) $ 1,849 $ 1,169 $ (1,192) ` Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Derivative Hedged Item Derivative Hedged Item Interest rate risk on long-term debt (1) $ (4,581) $ 4,510 $ (27,458) $ 27,630 Interest rate and foreign currency risk (2) 229 (225) (137) 137 Interest rate risk on available-for-sale securities (3) 787 (795) 23,442 (23,705) Price risk on commodity inventory (4) 582 (582) 1,374 (1,270) Total $ (2,983) $ 2,908 $ (2,779) $ 2,792 (1) Amounts are recorded in interest expense in the Consolidated Statement of Income. (2) Represents cross-currency interest rate swaps related to available-for-sale debt securities and long-term debt. For the three and nine months ended September 30, 2023, the derivative amount includes gains (losses) of $21 million and $22 million in interest income, $2 million and $9 million in interest expense, $90 million and $195 million in market making and similar activities, and $1 million and $3 million in accumulated other comprehensive income (OCI). For the same periods in 2022, the derivative amount includes gains (losses) of $(6) million and $(40) million in interest expense, $(71) million and $(96) million in market making and similar activities, and $0 and $(1) million in accumulated OCI. Line item totals are in the Consolidated Statement of Income and on the Consolidated Balance Sheet. (3) Amounts are recorded in interest income in the Consolidated Statement of Income. (4) Amounts are recorded in market making and similar activities in the Consolidated Statement of Income. The table below summarizes the carrying value of hedged assets and liabilities that are designated and qualifying in fair value hedging relationships along with the cumulative amount of fair value hedging adjustments included in the carrying value that have been recorded in the current hedging relationships. These fair value hedging adjustments are open basis adjustments that are not subject to amortization as long as the hedging relationship remains designated. Designated Fair Value Hedged Assets and Liabilities September 30, 2023 December 31, 2022 (Dollars in millions) Carrying Value Cumulative Fair Value Adjustments (1) Carrying Value Cumulative Fair Value Adjustments (1) Long-term debt (2) $ 194,138 $ (14,154) $ 187,402 $ (21,372) Available-for-sale debt securities (2, 3, 4) 86,730 (6,262) 167,518 (18,190) Trading account assets (5) 7,452 205 16,119 146 (1) Increase (decrease) to carrying value. (2) At September 30, 2023 and December 31, 2022, the cumulative fair value adjustments remaining on long-term debt and available-for-sale debt securities from discontinued hedging relationships resulted in a decrease of $10.7 billion and an increase of $137 million in the related liability and a decrease in the related asset of $5.6 billion and $4.9 billion, which are being amortized over the remaining contractual life of the de-designated hedged items. (3) These amounts include the amortized cost of the financial assets in closed portfolios used to designate hedging relationships in which the hedged item is a stated layer that is expected to be remaining at the end of the hedging relationship (i.e. portfolio layer hedging relationship). At September 30, 2023 and December 31, 2022, the amortized cost of the closed portfolios used in these hedging relationships was $21.3 billion and $21.4 billion, of which $17.3 billion and $9.2 billion were designated in a portfolio layer hedging relationship. At September 30, 2023 and December 31, 2022, the cumulative adjustment associated with these hedging relationships was a decrease of $741 million and $451 million. (4) Carrying value represents amortized cost. (5) Represents hedging activities related to certain commodities inventory. Cash Flow and Net Investment Hedges The following table summarizes certain information related to cash flow hedges and net investment hedges for the three and nine months ended September 30, 2023 and 2022. Of the $12.3 billion after-tax net loss ($16.3 billion pretax) on derivatives in accumulated OCI at September 30, 2023, losses of $4.7 billion after-tax ($6.2 billion pretax) related to both open and terminated cash flow hedges are expected to be reclassified into earnings in the next 12 months. These net losses reclassified into earnings are expected to primarily decrease net interest income related to the respective hedged items. For open cash flow hedges, the maximum length of time over which forecasted transactions are hedged is approximately ten years. For terminated cash flow hedges, the time period over which the forecasted transactions will be recognized in interest income is approximately five years, with the aggregated amount beyond this time period being insignificant. Gains and Losses on Derivatives Designated as Cash Flow and Net Investment Hedges Gains (Losses) Gains (Losses) Gains (Losses) Gains (Losses) (Dollars in millions, amounts pretax) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Cash flow hedges Interest rate risk on variable-rate portfolios (1) $ (737) $ (263) $ (1,065) $ (612) Price risk on forecasted MBS purchases (1) 2 — 6 — Price risk on certain compensation plans (2) (8) 7 28 18 Total $ (743) $ (256) $ (1,031) $ (594) Net investment hedges Foreign exchange risk (3) $ 802 $ 133 $ 334 $ 136 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Cash flow hedges Interest rate risk on variable-rate portfolios (1) $ (5,045) $ (110) $ (14,443) $ (191) Price risk on forecasted MBS purchases (1) — — (129) 13 Price risk on certain compensation plans (2) (13) 5 (107) 24 Total $ (5,058) $ (105) $ (14,679) $ (154) Net investment hedges Foreign exchange risk (3) $ 1,541 $ 3 $ 3,339 $ 3 (1) Amounts reclassified from accumulated OCI are recorded in interest income in the Consolidated Statement of Income. (2) Amounts reclassified from accumulated OCI are recorded in compensation and benefits expense in the Consolidated Statement of Income. (3) Amounts reclassified from accumulated OCI are recorded in other income in the Consolidated Statement of Income. For the three and nine months ended September 30, 2023, amounts excluded from effectiveness testing and recognized in market making and similar activities were gains of $36 million and $145 million. For the same periods in 2022 amounts excluded from effectiveness testing and recognized in market making and similar activities were gains of $38 million and losses of $109 million. Other Risk Management Derivatives Other risk management derivatives are used by the Corporation to reduce certain risk exposures by economically hedging various assets and liabilities. The table below presents gains (losses) on these derivatives for the three and nine months ended September 30, 2023 and 2022. These gains (losses) are largely offset by the income or expense recorded on the hedged item. Gains and Losses on Other Risk Management Derivatives Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Interest rate risk on mortgage activities (1, 2) $ (54) $ (64) $ (51) $ (321) Credit risk on loans (2) (7) (30) (47) (17) Interest rate and foreign currency risk on asset and liability management activities (3) 381 1,591 1,040 7,204 Price risk on certain compensation plans (4) (199) (192) 184 (1,283) (1) Includes hedges of interest rate risk on mortgage servicing rights (MSRs) and interest rate lock commitments (IRLCs) to originate mortgage loans that will be held for sale. (2) Gains (losses) on these derivatives are recorded in other income. (3) Gains (losses) on these derivatives are recorded in market making and similar activities. (4) Gains (losses) on these derivatives are recorded in compensation and benefits expense. Transfers of Financial Assets with Risk Retained through Derivatives The Corporation enters into certain transactions involving the transfer of financial assets that are accounted for as sales where substantially all of the economic exposure to the transferred financial assets is retained through derivatives (e.g., interest rate and/or credit), but the Corporation does not retain control over the assets transferred. At September 30, 2023 and December 31, 2022, the Corporation had transferred $4.3 billion and $4.8 billion of non-U.S. government-guaranteed mortgage-backed securities to a third-party trust and retained economic exposure to the transferred assets through derivative contracts. In connection with these transfers, the Corporation received gross cash proceeds of $4.3 billion and $4.9 billion at the transfer dates. At September 30, 2023 and December 31, 2022, the fair value of the transferred securities was $4.2 billion and $4.7 billion. Sales and Trading Revenue The Corporation enters into trading derivatives to facilitate client transactions and to manage risk exposures arising from trading account assets and liabilities. It is the Corporation’s policy to include these derivative instruments in its trading activities, which include derivatives and non-derivative cash instruments. The resulting risk from these derivatives is managed on a portfolio basis as part of the Corporation’s Global Markets business segment. For more information on sales and trading revenue, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The following table, which includes both derivatives and non-derivative cash instruments, identifies the amounts in the respective income statement line items attributable to the Corporation’s sales and trading revenue in Global Markets , categorized by primary risk, for the three and nine months ended September 30, 2023 and 2022. This table includes debit valuation adjustment (DVA) and funding valuation adjustment (FVA) gains (losses). Global Markets results in Note 17 – Business Segment Information are presented on a fully taxable-equivalent (FTE) basis. The following table is not presented on an FTE basis. Sales and Trading Revenue Market making and similar activities Net Interest Other (1) Total Market making and similar activities Net Interest Other (1) Total (Dollars in millions) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Interest rate risk $ 815 $ 80 $ 90 $ 985 $ 2,867 $ 218 $ 301 $ 3,386 Foreign exchange risk 446 32 17 495 1,355 113 55 1,523 Equity risk 1,458 (218) 426 1,666 5,116 (1,566) 1,345 4,895 Credit risk 349 590 93 1,032 1,140 1,865 303 3,308 Other risk (2) 126 (11) 3 118 521 (153) (8) 360 Total sales and trading revenue $ 3,194 $ 473 $ 629 $ 4,296 $ 10,999 $ 477 $ 1,996 $ 13,472 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Interest rate risk $ 372 $ 432 $ 140 $ 944 $ 1,452 $ 1,381 $ 291 $ 3,124 Foreign exchange risk 552 13 (54) 511 1,562 (13) (51) 1,498 Equity risk 1,532 (399) 416 1,549 4,474 (694) 1,404 5,184 Credit risk 252 544 114 910 561 1,559 176 2,296 Other risk (2) 165 (62) 17 120 670 (138) 77 609 Total sales and trading revenue $ 2,873 $ 528 $ 633 $ 4,034 $ 8,719 $ 2,095 $ 1,897 $ 12,711 (1) Represents amounts in investment and brokerage services and other income that are recorded in Global Markets and included in the definition of sales and trading revenue. Includes investment and brokerage services revenue of $474 million and $1.5 billion for the three and nine months ended September 30, 2023 compared to $444 million and $1.5 billion for the same periods in 2022. (2) Includes commodity risk. Credit Derivatives The Corporation enters into credit derivatives primarily to facilitate client transactions and to manage credit risk exposures. Credit derivatives are classified as investment and non-investment grade based on the credit quality of the underlying referenced obligation. The Corporation considers ratings of BBB- or higher as investment grade. Non-investment grade includes non-rated credit derivative instruments. The Corporation discloses internal categorizations of investment grade and non-investment grade consistent with how risk is managed for these instruments. For more information on credit derivatives, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Credit derivative instruments where the Corporation is the seller of credit protection and their expiration at September 30, 2023 and December 31, 2022 are summarized in the table below. Credit Derivative Instruments Less than One to Three to Over Five Total September 30, 2023 (Dollars in millions) Carrying Value Credit default swaps: Investment grade $ — $ 8 $ 69 $ 44 $ 121 Non-investment grade 19 286 778 793 1,876 Total 19 294 847 837 1,997 Total return swaps/options: Investment grade 21 118 — — 139 Non-investment grade 106 199 93 10 408 Total 127 317 93 10 547 Total credit derivatives $ 146 $ 611 $ 940 $ 847 $ 2,544 Credit-related notes: Investment grade $ — $ — $ 1 $ 745 $ 746 Non-investment grade — 4 6 1,128 1,138 Total credit-related notes $ — $ 4 $ 7 $ 1,873 $ 1,884 Maximum Payout/Notional Credit default swaps: Investment grade $ 32,425 $ 63,851 $ 139,008 $ 47,781 $ 283,065 Non-investment grade 15,441 32,430 41,234 14,069 103,174 Total 47,866 96,281 180,242 61,850 386,239 Total return swaps/options: Investment grade 25,097 12,709 1,598 105 39,509 Non-investment grade 15,600 3,255 2,387 939 22,181 Total 40,697 15,964 3,985 1,044 61,690 Total credit derivatives $ 88,563 $ 112,245 $ 184,227 $ 62,894 $ 447,929 December 31, 2022 Carrying Value Credit default swaps: Investment grade $ 2 $ 25 $ 133 $ 34 $ 194 Non-investment grade 120 516 870 697 2,203 Total 122 541 1,003 731 2,397 Total return swaps/options: Investment grade 55 336 — — 391 Non-investment grade 332 9 132 10 483 Total 387 345 132 10 874 Total credit derivatives $ 509 $ 886 $ 1,135 $ 741 $ 3,271 Credit-related notes: Investment grade $ — $ — $ 19 $ 1,017 $ 1,036 Non-investment grade — 7 6 1,035 1,048 Total credit-related notes $ — $ 7 $ 25 $ 2,052 $ 2,084 Maximum Payout/Notional Credit default swaps: Investment grade $ 34,670 $ 66,170 $ 93,237 $ 18,677 $ 212,754 Non-investment grade 15,229 29,629 30,891 6,662 82,411 Total 49,899 95,799 124,128 25,339 295,165 Total return swaps/options: Investment grade 38,722 10,407 — — 49,129 Non-investment grade 32,764 500 2,054 897 36,215 Total 71,486 10,907 2,054 897 85,344 Total credit derivatives $ 121,385 $ 106,706 $ 126,182 $ 26,236 $ 380,509 The notional amount represents the maximum amount payable by the Corporation for most credit derivatives. However, the Corporation does not monitor its exposure to credit derivatives based solely on the notional amount because this measure does not take into consideration the probability of occurrence. As such, the notional amount is not a reliable indicator of the Corporation’s exposure to these contracts. Instead, a risk framework is used to define risk tolerances and establish limits so that certain credit risk-related losses occur within acceptable, predefined limits. Credit-related notes in the table above include investments in securities issued by collateralized debt obligation (CDO), collateralized loan obligation (CLO) and credit-linked note vehicles. These instruments are primarily classified as trading securities. The carrying value of these instruments equals the Corporation’s maximum exposure to loss. The Corporation is not obligated to make any payments to the entities under the terms of the securities owned. Credit-related Contingent Features and Collateral Certain of the Corporation’s derivative contracts contain credit risk-related contingent features, primarily in the form of ISDA master netting agreements and credit support documentation that enhance the creditworthiness of these instruments compared to other obligations of the respective counterparty with whom the Corporation has transacted. These contingent features may be for the benefit of the Corporation as well as its counterparties with respect to changes in the Corporation’s creditworthiness and the mark-to-market exposure under the derivative transactions. At September 30, 2023 and December 31, 2022, the Corporation held cash and securities collateral of $104.6 billion and $101.3 billion and posted cash and securities collateral of $84.1 billion and $81.2 billion in the normal course of business under derivative agreements, excluding cross-product margining agreements where clients are permitted to margin on a net basis for both derivative and secured financing arrangements. In connection with certain OTC derivative contracts and other trading agreements, the Corporation can be required to provide additional collateral or to terminate transactions with certain counterparties in the event of a downgrade of the senior debt ratings of the Corporation or certain subsidiaries. The amount of additional collateral required depends on the contract and is usually a fixed incremental amount and/or the market value of the exposure. For more information on credit-related contingent features and collateral, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. At September 30, 2023, the amount of collateral, calculated based on the terms of the contracts, that the Corporation and certain subsidiaries could be required to post to counterparties but had not yet posted to counterparties was $2.9 billion, including $1.5 billion for Bank of America, National Association (BANA). Some counterparties are currently able to unilaterally terminate certain contracts, or the Corporation or certain subsidiaries may be required to take other action such as find a suitable replacement or obtain a guarantee. At September 30, 2023 and December 31, 2022, the liability recorded for these derivative contracts was not significant. The following table presents the amount of additional collateral that would have been contractually required by derivative contracts and other trading agreements at September 30, 2023 if the rating agencies had downgraded their long-term senior debt ratings for the Corporation or certain subsidiaries by one incremental notch and by an additional second incremental notch. The table also presents derivative liabilities that would be subject to unilateral termination by counterparties upon downgrade of the Corporation's or certain subsidiaries’ long-term senior debt ratings. Additional Collateral Required to be Posted and Derivative Liabilities Subject to Unilateral Termination Upon Downgrade (Dollars in millions) One Second Additional collateral required to be posted upon downgrade Bank of America Corporation $ 174 $ 951 Bank of America, N.A. and subsidiaries (1) 82 793 Derivative liabilities subject to unilateral termination upon downgrade Derivative liabilities $ 57 $ 477 Collateral posted 56 312 (1) Included in Bank of America Corporation collateral requirements in this table. Valuation Adjustments on Derivatives The table below presents credit valuation adjustment (CVA), DVA and FVA gains (losses) on derivatives (excluding the effect of any related hedge activities), which are recorded in market making and similar activities, for the three and nine months ended September 30, 2023 and 2022. For more information on the valuation adjustments on derivatives, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Valuation Adjustments Gains (Losses) on Derivatives (1) Three Months Ended September 30 (Dollars in millions) 2023 2022 Derivative assets (CVA) $ 30 $ (44) Derivative assets/liabilities (FVA) 21 67 Derivative liabilities (DVA) 18 103 Nine Months Ended September 30 (Dollars in millions) 2023 2022 Derivative assets (CVA) $ 151 $ (217) Derivative assets/liabilities (FVA) 4 147 Derivative liabilities (DVA) (66) 444 (1) At September 30, 2023 and December 31, 2022, cumulative CVA reduced the derivative assets balance by $367 million and $518 million, cumulative FVA reduced the net derivative balance by $50 million and $54 million, and cumulative DVA reduced the derivative liabilities balance by $440 million and $506 million.

Securities

Securities	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The table below presents the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale (AFS) debt securities, other debt securities carried at fair value and held-to-maturity (HTM) debt securities at September 30, 2023 and December 31, 2022. Debt Securities Amortized Gross Gross Fair Amortized Gross Gross Fair (Dollars in millions) September 30, 2023 December 31, 2022 Available-for-sale debt securities Mortgage-backed securities: Agency $ 22,435 $ — $ (1,931) $ 20,504 $ 25,204 $ 5 $ (1,767) $ 23,442 Agency-collateralized mortgage obligations 1,964 — (266) 1,698 2,452 — (231) 2,221 Commercial 7,309 14 (582) 6,741 6,894 28 (515) 6,407 Non-agency residential (1) 452 3 (68) 387 461 15 (90) 386 Total mortgage-backed securities 32,160 17 (2,847) 29,330 35,011 48 (2,603) 32,456 U.S. Treasury and government agencies 104,828 6 (1,198) 103,636 160,773 18 (1,769) 159,022 Non-U.S. securities 18,901 18 (47) 18,872 13,455 4 (52) 13,407 Other taxable securities 3,271 1 (93) 3,179 4,728 1 (84) 4,645 Tax-exempt securities 10,965 — (372) 10,593 11,518 19 (279) 11,258 Total available-for-sale debt securities 170,125 42 (4,557) 165,610 225,485 90 (4,787) 220,788 Other debt securities carried at fair value (2) 9,933 56 (59) 9,930 8,986 376 (156) 9,206 Total debt securities carried at fair value 180,058 98 (4,616) 175,540 234,471 466 (4,943) 229,994 Held-to-maturity debt securities Agency mortgage-backed securities 474,100 — (106,890) 367,210 503,233 — (87,319) 415,914 U.S. Treasury and government agencies 121,633 — (23,351) 98,282 121,597 — (20,259) 101,338 Other taxable securities 7,632 — (1,363) 6,269 8,033 — (1,018) 7,015 Total held-to-maturity debt securities 603,365 — (131,604) 471,761 632,863 — (108,596) 524,267 Total debt securities (3,4) $ 783,423 $ 98 $ (136,220) $ 647,301 $ 867,334 $ 466 $ (113,539) $ 754,261 (1) At both September 30, 2023 and December 31, 2022, the underlying collateral type included approximately 17 percent prime and 83 percent subprime. (2) Primarily includes non-U.S. securities used to satisfy certain international regulatory requirements. Any changes in value are reported in market making and similar activities. For detail on the components, see Note 14 – Fair Value Measurements . (3) Includes securities pledged as collateral of $141.0 billion and $104.5 billion at September 30, 2023 and December 31, 2022. (4) The Corporation held debt securities from Fannie Mae (FNMA) and Freddie Mac (FHLMC) that each exceeded 10 percent of shareholders’ equity, with an amortized cost of $273.7 billion and $167.8 billion, and a fair value of $211.5 billion and $129.0 billion at September 30, 2023, and an amortized cost of $290.5 billion and $176.7 billion, and a fair value of $239.6 billion and $144.6 billion at December 31, 2022. At September 30, 2023, the accumulated net unrealized loss on AFS debt securities, excluding the amount related to debt securities previously transferred to held to maturity, included in accumulated OCI was $3.4 billion, net of the related income tax benefit of $1.1 billion. At September 30, 2023 and December 31, 2022, nonperforming AFS debt securities held by the Corporation were not significant. At September 30, 2023 and December 31, 2022, $738.2 billion and $826.5 billion of AFS and HTM debt securities, which were predominantly U.S. agency and U.S. Treasury securities, have a zero credit loss assumption. For the same periods, the ECL on the remaining $35.3 billion and $31.8 billion of AFS and HTM debt securities were insignificant. For more information on the zero credit loss assumption, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. At September 30, 2023 and December 31, 2022, the Corporation held equity securities at an aggregate fair value of $270 million and $581 million and other equity securities, as valued under the measurement alternative, at a carrying value of $373 million and $340 million, both of which are included in other assets. At September 30, 2023 and December 31, 2022, the Corporation also held money market investments at a fair value of $1.1 billion and $868 million, which are included in time deposits placed and other short-term investments. The gross realized gains and losses on sales of AFS debt securities for the three and nine months ended September 30, 2023 and 2022 are presented in the table below. Gains and Losses on Sales of AFS Debt Securities Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Gross gains $ — $ 540 $ 104 $ 1,243 Gross losses — (526) (508) (1,206) Net gains (losses) on sales of AFS debt securities $ — $ 14 $ (404) $ 37 Income tax expense (benefit) attributable to realized net gains (losses) on sales of AFS debt securities $ — $ 4 $ (101) $ 9 The table below presents the fair value and the associated gross unrealized losses on AFS debt securities and whether these securities have had gross unrealized losses for less than 12 months or for 12 months or longer at September 30, 2023 and December 31, 2022. Total AFS Debt Securities in a Continuous Unrealized Loss Position Less than Twelve Months Twelve Months or Longer Total Fair Gross Fair Gross Fair Gross (Dollars in millions) September 30, 2023 Continuously unrealized loss-positioned AFS debt securities Mortgage-backed securities: Agency $ 469 $ (17) $ 20,002 $ (1,914) $ 20,471 $ (1,931) Agency-collateralized mortgage obligations 2 — 1,696 (266) 1,698 (266) Commercial 1,527 (34) 4,467 (548) 5,994 (582) Non-agency residential — — 376 (68) 376 (68) Total mortgage-backed securities 1,998 (51) 26,541 (2,796) 28,539 (2,847) U.S. Treasury and government agencies 151 (5) 66,979 (1,193) 67,130 (1,198) Non-U.S. securities 8,388 (24) 1,878 (23) 10,266 (47) Other taxable securities 1,883 (13) 1,244 (80) 3,127 (93) Tax-exempt securities 1,738 (43) 2,712 (329) 4,450 (372) Total AFS debt securities in a continuous $ 14,158 $ (136) $ 99,354 $ (4,421) $ 113,512 $ (4,557) December 31, 2022 Continuously unrealized loss-positioned AFS debt securities Mortgage-backed securities: Agency $ 18,759 $ (1,118) $ 4,437 $ (649) $ 23,196 $ (1,767) Agency-collateralized mortgage obligations 1,165 (96) 1,022 (135) 2,187 (231) Commercial 3,273 (150) 2,258 (365) 5,531 (515) Non-agency residential 264 (65) 97 (25) 361 (90) Total mortgage-backed securities 23,461 (1,429) 7,814 (1,174) 31,275 (2,603) U.S. Treasury and government agencies 36,730 (308) 118,636 (1,461) 155,366 (1,769) Non-U.S. securities 9,399 (34) 756 (18) 10,155 (52) Other taxable securities 2,036 (16) 1,580 (68) 3,616 (84) Tax-exempt securities 607 (28) 2,849 (251) 3,456 (279) Total AFS debt securities in a continuous $ 72,233 $ (1,815) $ 131,635 $ (2,972) $ 203,868 $ (4,787) The remaining contractual maturity distribution and yields of the Corporation’s debt securities carried at fair value and HTM debt securities at September 30, 2023 are summarized in the table below. Actual duration and yields may differ as prepayments on the loans underlying the mortgage-backed securities (MBS) or other asset-backed securities (ABS) are passed through to the Corporation. Maturities of Debt Securities Carried at Fair Value and Held-to-maturity Debt Securities Due in One Due after One Year Due after Five Years Due after Total (Dollars in millions) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amortized cost of debt securities carried at fair value Mortgage-backed securities: Agency $ — — % $ 4 3.75 % $ 31 5.35 % $ 22,400 3.53 % $ 22,435 3.53 % Agency-collateralized mortgage obligations — — — — — — 1,964 2.79 1,964 2.79 Commercial — — 1,129 3.06 4,619 2.59 1,574 2.45 7,322 2.63 Non-agency residential — — — — — — 735 10.18 735 10.18 Total mortgage-backed securities — — 1,133 3.07 4,650 2.61 26,673 3.60 32,456 3.44 U.S. Treasury and government agencies 37,773 5.23 45,637 3.05 22,437 2.33 39 3.89 105,886 3.67 Non-U.S. securities 17,748 2.04 5,850 1.17 3,203 5.40 678 5.26 27,479 2.33 Other taxable securities 409 5.60 2,355 6.08 294 3.00 213 3.60 3,271 5.59 Tax-exempt securities 1,234 4.13 3,801 3.64 1,997 3.85 3,934 4.23 10,966 3.95 Total amortized cost of debt securities carried at fair value $ 57,164 4.22 $ 58,776 3.02 $ 32,581 2.77 $ 31,537 3.71 $ 180,058 3.48 Amortized cost of HTM debt securities Agency mortgage-backed securities $ — — % $ — — % $ 12 2.75 % $ 474,088 2.12 % $ 474,100 2.12 % U.S. Treasury and government agencies — — 4,558 1.80 117,075 1.37 — — 121,633 1.39 Other taxable securities 42 5.82 1,262 2.50 272 3.29 6,056 2.49 7,632 2.54 Total amortized cost of HTM debt securities $ 42 5.82 $ 5,820 1.95 $ 117,359 1.37 $ 480,144 2.12 $ 603,365 1.97 Debt securities carried at fair value Mortgage-backed securities: Agency $ — $ 4 $ 31 $ 20,469 $ 20,504 Agency-collateralized mortgage obligations — — — 1,698 1,698 Commercial 1 1,092 4,354 1,305 6,752 Non-agency residential — 2 — 668 670 Total mortgage-backed securities 1 1,098 4,385 24,140 29,624 U.S. Treasury and government agencies 37,776 44,973 21,910 35 104,694 Non-U.S. securities 17,737 5,834 3,199 678 27,448 Other taxable securities 407 2,330 248 198 3,183 Tax-exempt securities 1,229 3,725 1,942 3,695 10,591 Total debt securities carried at fair value $ 57,150 $ 57,960 $ 31,684 $ 28,746 $ 175,540 Fair value of HTM debt securities Agency mortgage-backed securities $ — $ — $ 10 $ 367,200 $ 367,210 U.S. Treasury and government agencies — 4,153 94,129 — 98,282 Other taxable securities 42 1,169 210 4,848 6,269 Total fair value of HTM debt securities $ 42 $ 5,322 $ 94,349 $ 372,048 $ 471,761 (1) The weighted-average yield is computed based on a constant effective interest rate over the contractual life of each security. The average yield considers the contractual coupon and the amortization of premiums and accretion of discounts, excluding the effect of related hedging derivatives.

Outstanding Loans and Leases an

Outstanding Loans and Leases and Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Outstanding Loans and Leases and Allowance for Credit Losses	Outstanding Loans and Leases and Allowance for Credit Losses The following tables present total outstanding loans and leases and an aging analysis for the Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments, by class of financing receivables, at September 30, 2023 and December 31, 2022. 30-59 Days Past Due (1) 60-89 Days Past Due (1) 90 Days or Past Due (1) Total Past Total Current or Less Than 30 Days Past Due (1) Loans Total (Dollars in millions) September 30, 2023 Consumer real estate Residential mortgage $ 1,143 $ 278 $ 874 $ 2,295 $ 226,871 $ 229,166 Home equity 88 42 171 301 25,191 25,492 Credit card and other consumer Credit card 626 455 1,016 2,097 97,590 99,687 Direct/Indirect consumer (2) 267 85 75 427 103,632 104,059 Other consumer — — — — 122 122 Total consumer 2,124 860 2,136 5,120 453,406 458,526 Consumer loans accounted for under the fair value option (3) $ 253 253 Total consumer loans and leases 2,124 860 2,136 5,120 453,406 253 458,779 Commercial U.S. commercial 312 345 187 844 355,486 356,330 Non-U.S. commercial 27 16 65 108 123,605 123,713 Commercial real estate (4) 96 258 341 695 72,498 73,193 Commercial lease financing 15 12 16 43 13,861 13,904 U.S. small business commercial (5) 134 76 186 396 18,837 19,233 Total commercial 584 707 795 2,086 584,287 586,373 Commercial loans accounted for under the fair value option (3) 3,997 3,997 Total commercial loans and leases 584 707 795 2,086 584,287 3,997 590,370 Total loans and leases (6) $ 2,708 $ 1,567 $ 2,931 $ 7,206 $ 1,037,693 $ 4,250 $ 1,049,149 Percentage of outstandings 0.26 % 0.15 % 0.28 % 0.69 % 98.91 % 0.40 % 100.00 % (1) Consumer real estate loans 30-59 days past due includes fully-insured loans of $187 million and nonperforming loans of $167 million. Consumer real estate loans 60-89 days past due includes fully-insured loans of $70 million and nonperforming loans of $108 million. Consumer real estate loans 90 days or more past due includes fully-insured loans of $266 million and nonperforming loans of $779 million. Consumer real estate loans current or less than 30 days past due includes $1.6 billion, and direct/indirect consumer includes $37 million of nonperforming loans. (2) Total outstandings primarily includes auto and specialty lending loans and leases of $54.0 billion, U.S. securities-based lending loans of $46.5 billion and non-U.S. consumer loans of $2.8 billion. (3) Consumer loans accounted for under the fair value option includes residential mortgage loans of $67 million and home equity loans of $186 million. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.5 billion and non-U.S. commercial loans of $1.5 billion. For more information, see Note 14 – Fair Value Measurements and Note 15 – Fair Value Option . (4) Total outstandings includes U.S. commercial real estate loans of $67.3 billion and non-U.S. commercial real estate loans of $5.9 billion. (5) Includes Paycheck Protection Program loans. (6) Total outstandings includes loans and leases pledged as collateral of $40.3 billion. The Corporation also pledged $227.7 billion of loans with no related outstanding borrowings to secure potential borrowing capacity with the Federal Reserve Bank and Federal Home Loan Bank. 30-59 Days (1) 60-89 Days Past Due (1) 90 Days or (1) Total Past Total Current or Less Than 30 Days Past Due (1) Loans Total Outstandings (Dollars in millions) December 31, 2022 Consumer real estate Residential mortgage $ 1,077 $ 245 $ 945 $ 2,267 $ 227,403 $ 229,670 Home equity 88 32 211 331 26,232 26,563 Credit card and other consumer Credit card 466 322 717 1,505 91,916 93,421 Direct/Indirect consumer (2) 204 59 45 308 105,928 106,236 Other consumer — — — — 156 156 Total consumer 1,835 658 1,918 4,411 451,635 456,046 Consumer loans accounted for under the fair value option (3) $ 339 339 Total consumer loans and leases 1,835 658 1,918 4,411 451,635 339 456,385 Commercial U.S. commercial 827 288 330 1,445 357,036 358,481 Non-U.S. commercial 317 59 144 520 123,959 124,479 Commercial real estate (4) 409 81 77 567 69,199 69,766 Commercial lease financing 49 9 11 69 13,575 13,644 U.S. small business commercial (5) 107 63 356 526 17,034 17,560 Total commercial 1,709 500 918 3,127 580,803 583,930 Commercial loans accounted for under the fair value option (3) 5,432 5,432 Total commercial loans and leases 1,709 500 918 3,127 580,803 5,432 589,362 Total loans and leases (6) $ 3,544 $ 1,158 $ 2,836 $ 7,538 $ 1,032,438 $ 5,771 $ 1,045,747 Percentage of outstandings 0.34 % 0.11 % 0.27 % 0.72 % 98.73 % 0.55 % 100.00 % (1) Consumer real estate loans 30-59 days past due includes fully-insured loans of $184 million and nonperforming loans of $155 million. Consumer real estate loans 60-89 days past due includes fully-insured loans of $75 million and nonperforming loans of $88 million. Consumer real estate loans 90 days or more past due includes fully-insured loans of $368 million and nonperforming loans of $788 million. Consumer real estate loans current or less than 30 days past due includes $1.6 billion, and direct/indirect consumer includes $27 million of nonperforming loans. (2) Total outstandings primarily includes auto and specialty lending loans and leases of $51.8 billion, U.S. securities-based lending loans of $50.4 billion and non-U.S. consumer loans of $3.0 billion. (3) Consumer loans accounted for under the fair value option includes residential mortgage loans of $71 million and home equity loans of $268 million. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.9 billion and non-U.S. commercial loans of $2.5 billion. For more information, see Note 14 – Fair Value Measurements and Note 15 – Fair Value Option . (4) Total outstandings includes U.S. commercial real estate loans of $64.9 billion and non-U.S. commercial real estate loans of $4.8 billion. (5) Includes Paycheck Protection Program loans. (6) Total outstandings includes loans and leases pledged as collateral of $18.5 billion. The Corporation also pledged $163.6 billion of loans with no related outstanding borrowings to secure potential borrowing capacity with the Federal Reserve Bank and Federal Home Loan Bank. The Corporation has entered into long-term credit protection agreements with FNMA and FHLMC on loans totaling $8.9 billion and $9.5 billion at September 30, 2023 and December 31, 2022, providing full credit protection on residential mortgage loans that become severely delinquent. All of these loans are individually insured, and therefore the Corporation does not record an allowance for credit losses related to these loans. Nonperforming Loans and Leases Commercial nonperforming loans increased to $2.0 billion at September 30, 2023 from $1.1 billion at December 31, 2022, driven by the commercial real estate office property type. Consumer nonperforming loans were $2.8 billion at both September 30, 2023 and December 31, 2022. The following table presents the Corporation’s nonperforming loans and leases and loans accruing past due 90 days or more at September 30, 2023 and December 31, 2022. Nonperforming LHFS are excluded from nonperforming loans and leases as they are recorded at either fair value or the lower of cost or fair value. For more information on the criteria for classification as nonperforming, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . Credit Quality Nonperforming Loans Accruing Past Due (Dollars in millions) September 30 December 31 September 30 December 31 Residential mortgage (1) $ 2,185 $ 2,167 $ 265 $ 368 With no related allowance (2) 1,987 1,973 — — Home equity (1) 479 510 — — With no related allowance (2) 393 393 — — Credit Card n/a n/a 1,016 717 Direct/indirect consumer 128 77 1 2 Total consumer 2,792 2,754 1,282 1,087 U.S. commercial 561 553 85 190 Non-U.S. commercial 102 212 4 25 Commercial real estate 1,343 271 6 46 Commercial lease financing 18 4 5 8 U.S. small business commercial 17 14 185 355 Total commercial 2,041 1,054 285 624 Total nonperforming loans $ 4,833 $ 3,808 $ 1,567 $ 1,711 Percentage of outstanding loans and leases 0.46 % 0.37 % 0.15 % 0.16 % (1) Residential mortgage loans accruing past due 90 days or more are fully-insured loans. At September 30, 2023 and December 31, 2022 residential mortgage included $180 million and $260 million of loans on which interest had been curtailed by the Federal Housing Administration (FHA), and therefore were no longer accruing interest, although principal was still insured, and $85 million and $108 million of loans on which interest was still accruing. (2) Primarily relates to loans for which the estimated fair value of the underlying collateral less any costs to sell is greater than the amortized cost of the loans as of the reporting date. Credit Quality Indicators The Corporation monitors credit quality within its Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments based on primary credit quality indicators. For more information on the portfolio segments, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . Within the Consumer Real Estate portfolio segment, the primary credit quality indicators are refreshed loan-to-value (LTV) and refreshed Fair Isaac Corporation (FICO) score. Refreshed LTV measures the carrying value of the loan as a percentage of the value of the property securing the loan, refreshed quarterly. Home equity loans are evaluated using combined loan-to-value (CLTV), which measures the carrying value of the Corporation’s loan and available line of credit combined with any outstanding senior liens against the property as a percentage of the value of the property securing the loan, refreshed quarterly. FICO score measures the creditworthiness of the borrower based on the financial obligations of the borrower and the borrower’s credit history. FICO scores are typically refreshed quarterly or more frequently. Certain borrowers (e.g., borrowers that have had debts discharged in a bankruptcy proceeding) may not have their FICO scores updated. FICO scores are also a primary credit quality indicator for the Credit Card and Other Consumer portfolio segment and the business card portfolio within U.S. small business commercial. Within the Commercial portfolio segment, loans are evaluated using the internal classifications of pass rated or reservable criticized as the primary credit quality indicators. The term reservable criticized refers to those commercial loans that are internally classified or listed by the Corporation as Special Mention, Substandard or Doubtful, which are asset quality categories defined by regulatory authorities. These assets have an elevated level of risk and may have a high probability of default or total loss. Pass rated refers to all loans not considered reservable criticized. In addition to these primary credit quality indicators, the Corporation uses other credit quality indicators for certain types of loans. The following tables present certain credit quality indicators and gross charge-offs for the Corporation's Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments by year of origination, except for revolving loans and revolving loans that were modified into term loans, which are shown on an aggregate basis at September 30, 2023. Residential Mortgage – Credit Quality Indicators By Vintage Term Loans by Origination Year (Dollars in millions) Total as of 2023 2022 2021 2020 2019 Prior Residential Mortgage Refreshed LTV Less than or equal to 90 percent $ 214,919 $ 12,117 $ 38,307 $ 77,128 $ 35,708 $ 17,751 $ 33,908 Greater than 90 percent but less than or equal to 100 percent 2,288 593 1,153 391 78 35 38 Greater than 100 percent 917 262 439 129 34 14 39 Fully-insured loans 11,042 351 374 3,483 2,893 867 3,074 Total Residential Mortgage $ 229,166 $ 13,323 $ 40,273 $ 81,131 $ 38,713 $ 18,667 $ 37,059 Residential Mortgage Refreshed FICO score Less than 620 $ 2,269 $ 78 $ 432 $ 578 $ 382 $ 118 $ 681 Greater than or equal to 620 and less than 680 4,737 301 999 1,187 774 316 1,160 Greater than or equal to 680 and less than 740 23,364 1,416 4,743 6,977 3,860 1,920 4,448 Greater than or equal to 740 187,754 11,177 33,725 68,906 30,804 15,446 27,696 Fully-insured loans 11,042 351 374 3,483 2,893 867 3,074 Total Residential Mortgage $ 229,166 $ 13,323 $ 40,273 $ 81,131 $ 38,713 $ 18,667 $ 37,059 Gross charge-offs for the nine months ended $ 26 $ — $ 4 $ 8 $ 4 $ 2 $ 8 Home Equity - Credit Quality Indicators Total Home Equity Loans and Reverse Mortgages (1) Revolving Loans Revolving Loans Converted to Term Loans (Dollars in millions) September 30, 2023 Home Equity Refreshed LTV Less than or equal to 90 percent $ 25,336 $ 1,102 $ 19,944 $ 4,290 Greater than 90 percent but less than or equal to 100 percent 66 17 36 13 Greater than 100 percent 90 34 36 20 Total Home Equity $ 25,492 $ 1,153 $ 20,016 $ 4,323 Home Equity Refreshed FICO score Less than 620 $ 662 $ 134 $ 228 $ 300 Greater than or equal to 620 and less than 680 1,129 125 568 436 Greater than or equal to 680 and less than 740 4,237 253 2,961 1,023 Greater than or equal to 740 19,464 641 16,259 2,564 Total Home Equity $ 25,492 $ 1,153 $ 20,016 $ 4,323 Gross charge-offs for the nine months ended September 30, 2023 $ 18 $ 2 $ 8 $ 8 (1) Includes reverse mortgages of $788 million and home equity loans of $366 million, which are no longer originated. Credit Card and Direct/Indirect Consumer – Credit Quality Indicators By Vintage Direct/Indirect Term Loans by Origination Year Credit Card (Dollars in millions) Total Direct/ Revolving Loans 2023 2022 2021 2020 2019 Prior Total Credit Card as of September 30, Revolving Loans Revolving Loans Converted to Term Loans (1) Refreshed FICO score Less than 620 $ 1,133 $ 11 $ 186 $ 394 $ 332 $ 93 $ 60 $ 57 $ 4,957 $ 4,681 $ 276 Greater than or equal to 620 and less than 680 2,502 12 745 861 558 151 87 88 11,440 11,189 251 Greater than or equal to 680 and less than 740 8,741 48 2,851 2,850 1,857 552 297 286 34,219 33,999 220 Greater than or equal to 740 41,720 74 13,418 12,831 8,602 3,303 1,739 1,753 49,071 49,021 50 Other internal credit metrics (2,3) 49,963 49,285 72 175 145 54 55 177 — — — Total credit card and other $ 104,059 $ 49,430 $ 17,272 $ 17,111 $ 11,494 $ 4,153 $ 2,238 $ 2,361 $ 99,687 $ 98,890 $ 797 Gross charge-offs for the nine $ 153 $ 3 $ 13 $ 65 $ 37 $ 11 $ 7 $ 17 $ 2,220 $ 2,139 $ 81 (1) Represents loans that were modified into term loans. (2) Other internal credit metrics may include delinquency status, geography or other factors. (3) Direct/indirect consumer includes $49.3 billion of securities-based lending, which is typically supported by highly liquid collateral with market value greater than or equal to the outstanding loan balance and therefore has minimal credit risk at September 30, 2023. Commercial – Credit Quality Indicators By Vintage (1) Term Loans Amortized Cost Basis by Origination Year (Dollars in millions) Total as of 2023 2022 2021 2020 2019 Prior Revolving Loans U.S. Commercial Risk ratings Pass rated $ 344,382 $ 28,937 $ 46,312 $ 28,465 $ 14,786 $ 13,015 $ 31,832 $ 181,035 Reservable criticized 11,948 157 1,203 817 419 733 1,379 7,240 Total U.S. Commercial $ 356,330 $ 29,094 $ 47,515 $ 29,282 $ 15,205 $ 13,748 $ 33,211 $ 188,275 Gross charge-offs for the nine months ended September 30, 2023 $ 117 $ 2 $ 12 $ 21 $ 1 $ 1 $ 18 $ 62 Non-U.S. Commercial Risk ratings Pass rated $ 121,753 $ 12,530 $ 17,368 $ 16,282 $ 2,770 $ 3,078 $ 6,528 $ 63,197 Reservable criticized 1,960 26 183 272 147 244 174 914 Total Non-U.S. Commercial $ 123,713 $ 12,556 $ 17,551 $ 16,554 $ 2,917 $ 3,322 $ 6,702 $ 64,111 Gross charge-offs for the nine months ended $ 31 $ — $ — $ 8 $ 7 $ 1 $ — $ 15 Commercial Real Estate Risk ratings Pass rated $ 65,055 $ 3,452 $ 16,292 $ 12,454 $ 4,393 $ 8,034 $ 10,771 $ 9,659 Reservable criticized 8,138 65 662 1,674 530 1,847 2,970 390 Total Commercial Real Estate $ 73,193 $ 3,517 $ 16,954 $ 14,128 $ 4,923 $ 9,881 $ 13,741 $ 10,049 Gross charge-offs for the nine months ended $ 139 $ 2 $ — $ — $ — $ 44 $ 93 $ — Commercial Lease Financing Risk ratings Pass rated $ 13,703 $ 2,618 $ 3,107 $ 2,348 $ 1,519 $ 1,306 $ 2,805 $ — Reservable criticized 201 6 31 49 23 32 60 — Total Commercial Lease Financing $ 13,904 $ 2,624 $ 3,138 $ 2,397 $ 1,542 $ 1,338 $ 2,865 $ — Gross charge-offs for the nine months ended $ 3 $ — $ — $ 2 $ 1 $ — $ — $ — U.S. Small Business Commercial (2) Risk ratings Pass rated $ 8,919 $ 1,476 $ 1,849 $ 1,617 $ 922 $ 752 $ 1,886 $ 417 Reservable criticized 379 5 45 89 44 66 127 3 Total U.S. Small Business Commercial $ 9,298 $ 1,481 $ 1,894 $ 1,706 $ 966 $ 818 $ 2,013 $ 420 Gross charge-offs for the nine months ended $ 31 $ — $ 2 $ 1 $ 14 $ 2 $ 3 $ 9 Total $ 576,438 $ 49,272 $ 87,052 $ 64,067 $ 25,553 $ 29,107 $ 58,532 $ 262,855 Gross charge-offs for the nine months ended September 30, 2023 $ 321 $ 4 $ 14 $ 32 $ 23 $ 48 $ 114 $ 86 (1) Excludes $4.0 billion of loans accounted for under the fair value option at September 30, 2023. (2) Excludes U.S. Small Business Card loans of $9.9 billion. Refreshed FICO scores for this portfolio are $473 million for less than 620; $1.0 billion for greater than or equal to 620 and less than 680; $2.7 billion for greater than or equal to 680 and less than 740; and $5.7 billion greater than or equal to 740. Excludes U.S. Small Business Card loans gross charge-offs of $223 million. The following tables present certain credit quality indicators for the Corporation's Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments by year of origination, except for revolving loans and revolving loans that were modified into term loans, which are shown on an aggregate basis at December 31, 2022. Residential Mortgage – Credit Quality Indicators By Vintage Term Loans by Origination Year (Dollars in millions) Total as of 2022 2021 2020 2019 2018 Prior Residential Mortgage Refreshed LTV Less than or equal to 90 percent $ 215,713 $ 39,625 $ 81,437 $ 37,228 $ 18,980 $ 5,734 $ 32,709 Greater than 90 percent but less than or equal to 100 percent 1,615 950 530 93 15 8 19 Greater than 100 percent 648 374 169 43 15 8 39 Fully-insured loans 11,694 580 3,667 3,102 949 156 3,240 Total Residential Mortgage $ 229,670 $ 41,529 $ 85,803 $ 40,466 $ 19,959 $ 5,906 $ 36,007 Residential Mortgage Refreshed FICO score Less than 620 $ 2,156 $ 377 $ 518 $ 373 $ 124 $ 84 $ 680 Greater than or equal to 620 and less than 680 4,978 1,011 1,382 840 329 233 1,183 Greater than or equal to 680 and less than 740 25,444 5,411 8,290 4,369 2,187 830 4,357 Greater than or equal to 740 185,398 34,150 71,946 31,782 16,370 4,603 26,547 Fully-insured loans 11,694 580 3,667 3,102 949 156 3,240 Total Residential Mortgage $ 229,670 $ 41,529 $ 85,803 $ 40,466 $ 19,959 $ 5,906 $ 36,007 Gross charge-offs for the year ended December 31, 2022 $ 161 $ — $ 6 $ 5 $ 6 $ 1 $ 143 Home Equity - Credit Quality Indicators Total Home Equity Loans and Reverse Mortgages (1) Revolving Loans Revolving Loans Converted to Term Loans (Dollars in millions) December 31, 2022 Home Equity Refreshed LTV Less than or equal to 90 percent $ 26,395 $ 1,304 $ 19,960 $ 5,131 Greater than 90 percent but less than or equal to 100 percent 62 20 24 18 Greater than 100 percent 106 37 35 34 Total Home Equity $ 26,563 $ 1,361 $ 20,019 $ 5,183 Home Equity Refreshed FICO score Less than 620 $ 683 $ 166 $ 189 $ 328 Greater than or equal to 620 and less than 680 1,190 152 507 531 Greater than or equal to 680 and less than 740 4,321 312 2,747 1,262 Greater than or equal to 740 20,369 731 16,576 3,062 Total Home Equity $ 26,563 $ 1,361 $ 20,019 $ 5,183 Gross charge-offs for the year ended December 31, 2022 $ 45 $ 5 $ 24 $ 16 (1) Includes reverse mortgages of $937 million and home equity loans of $424 million, which are no longer originated. Credit Card and Direct/Indirect Consumer – Credit Quality Indicators By Vintage Direct/Indirect Term Loans by Origination Year Credit Card (Dollars in millions) Total Direct/Indirect as of December 31, 2022 Revolving Loans 2022 2021 2020 2019 2018 Prior Total Credit Card as of December 31, 2022 Revolving Loans Revolving Loans Converted to Term Loans (1) Refreshed FICO score Less than 620 $ 847 $ 12 $ 237 $ 301 $ 113 $ 84 $ 43 $ 57 $ 4,056 $ 3,866 $ 190 Greater than or equal to 620 and less than 680 2,521 12 1,108 816 269 150 69 97 10,994 10,805 189 Greater than or equal to 680 and less than 740 8,895 52 4,091 2,730 992 520 214 296 32,186 32,017 169 Greater than or equal to 740 39,679 83 16,663 11,392 5,630 2,992 1,236 1,683 46,185 46,142 43 Other internal credit metrics (2, 3) 54,294 53,404 259 305 70 57 40 159 — — — Total credit card and other $ 106,236 $ 53,563 $ 22,358 $ 15,544 $ 7,074 $ 3,803 $ 1,602 $ 2,292 $ 93,421 $ 92,830 $ 591 Gross charge-offs for the year $ 232 $ 7 $ 31 $ 79 $ 34 $ 27 $ 14 $ 40 $ 1,985 $ 1,909 $ 76 (1) Represents TDRs that were modified into term loans. (2) Other internal credit metrics may include delinquency status, geography or other factors. (3) Direct/indirect consumer includes $53.4 billion of securities-based lending, which is typically supported by highly liquid collateral with market value greater than or equal to the outstanding loan balance and therefore has minimal credit risk at December 31, 2022. Commercial – Credit Quality Indicators By Vintage (1) Term Loans Amortized Cost Basis by Origination Year (Dollars in millions) Total as of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans U.S. Commercial Risk ratings Pass rated $ 348,447 $ 61,200 $ 39,717 $ 18,609 $ 16,566 $ 8,749 $ 30,282 $ 173,324 Reservable criticized 10,034 278 794 697 884 1,202 856 5,323 Total U.S. Commercial $ 358,481 $ 61,478 $ 40,511 $ 19,306 $ 17,450 $ 9,951 $ 31,138 $ 178,647 Gross charge-offs for the year ended $ 151 $ 2 $ 24 $ 24 $ 9 $ 6 $ 13 $ 73 Non-U.S. Commercial Risk ratings Pass rated $ 121,890 $ 24,839 $ 19,098 $ 5,183 $ 3,882 $ 2,423 $ 4,697 $ 61,768 Reservable criticized 2,589 45 395 331 325 98 475 920 Total Non-U.S. Commercial $ 124,479 $ 24,884 $ 19,493 $ 5,514 $ 4,207 $ 2,521 $ 5,172 $ 62,688 Gross charge-offs for the year ended $ 41 $ — $ 3 $ 1 $ — $ 37 $ — $ — Commercial Real Estate Risk ratings Pass rated $ 64,619 $ 15,290 $ 13,089 $ 5,756 $ 9,013 $ 4,384 $ 8,606 $ 8,481 Reservable criticized 5,147 11 837 545 1,501 1,151 1,017 85 Total Commercial Real Estate $ 69,766 $ 15,301 $ 13,926 $ 6,301 $ 10,514 $ 5,535 $ 9,623 $ 8,566 Gross charge-offs for the year ended $ 75 $ — $ — $ 6 $ — $ 26 $ 43 $ — Commercial Lease Financing Risk ratings Pass rated $ 13,404 $ 3,255 $ 2,757 $ 1,955 $ 1,578 $ 1,301 $ 2,558 $ — Reservable criticized 240 9 35 12 71 50 63 — Total Commercial Lease Financing $ 13,644 $ 3,264 $ 2,792 $ 1,967 $ 1,649 $ 1,351 $ 2,621 $ — Gross charge-offs for the year ended $ 8 $ — $ 4 $ — $ 4 $ — $ — $ — U.S. Small Business Commercial (2) Risk ratings Pass rated $ 8,726 $ 1,825 $ 1,953 $ 1,408 $ 864 $ 624 $ 1,925 $ 127 Reservable criticized 329 11 35 48 76 51 105 3 Total U.S. Small Business Commercial $ 9,055 $ 1,836 $ 1,988 $ 1,456 $ 940 $ 675 $ 2,030 $ 130 Gross charge-offs for the year ended $ 31 $ — $ 1 $ 11 $ 4 $ 1 $ 6 $ 8 Total $ 575,425 $ 106,763 $ 78,710 $ 34,544 $ 34,760 $ 20,033 $ 50,584 $ 250,031 Total gross charge-offs for the year ended $ 306 $ 2 $ 32 $ 42 $ 17 $ 70 $ 62 $ 81 (1) Excludes $5.4 billion of loans accounted for under the fair value option at December 31, 2022. (2) Excludes U.S. Small Business Card loans of $8.5 billion. Refreshed FICO scores for this portfolio are $297 million for less than 620; $859 million for greater than or equal to 620 and less than 680; $2.4 billion for greater than or equal to 680 and less than 740; and $5.0 billion greater than or equal to 740. Excludes U.S. Small Business Card loans gross charge-offs of $172 million. Loan Modifications to Borrowers in Financial Difficulty As part of its credit risk management, the Corporation may modify a loan agreement with a borrower experiencing financial difficulties through a refinancing or restructuring of the borrower’s loan agreement (modification programs). Consumer Real Estate The following modification programs are offered for consumer real estate loans to borrowers experiencing financial difficulties. These modifications represented 0.25 percent and 0.35 percent of outstanding residential mortgage and home equity loans at September 30, 2023. Forbearance and Other Payment Plans: Forbearance plans generally consist of the Corporation suspending the borrower’s payments for a defined period with those payments then due at the conclusion of the forbearance period. The aging status of a loan is generally frozen when it enters into a forbearance plan. Alternatively, the Corporation may offer the borrower a payment plan, which allows the borrower to repay past due amounts through payments over a defined period. At September 30, 2023, the amortized cost of residential mortgage loans that were modified through these plans during the three and nine months ended September 30, 2023 was $270 million and $437 million. The amortized cost of home equity loans that were modified through these plans during the same periods was $39 million and $64 million. The weighted-average duration of residential mortgage loan modifications was approximately 4 months and 8 months for the three and nine months ended September 30, 2023. For the same periods, the weighted-average duration for home equity loan modifications was approximately 4 months and 9 months. The total forborne payments for residential mortgage loan modifications was $6 million and $19 million for the three and nine months ended September 30, 2023. For the same periods, the total forborne payments for home equity modifications was $2 million and $7 million. If a borrower is unable to fulfill their obligations under the forbearance plans, they may be offered a trial or permanent modification. Trial Modifications : Trial modification plans generally consist of the Corporation offering a borrower modified loan terms that reduce their contractual payments temporarily over a three Permanent Modifications : Permanent modifications include borrowers that have completed a trial modification and have had their contractual payment terms permanently modified, as well as borrowers that proceed directly to a permanent modification without a trial period. In a permanent modification, the borrower’s payment terms are typically modified in more than one manner but generally include a term extension and an interest rate reduction. At times, the permanent modification may also include principal forgiveness and/or a deferral of past due principal and interest amounts to the end of the loan term. The combinations utilized are based on modifying the terms that give the borrower an improved ability to meet the contractual obligations. At September 30, 2023, the amortized cost of residential mortgage loans that were granted a permanent modification during the three and nine months ended September 30, 2023 was $47 million and $128 million. The amortized cost of home equity loans that were granted a permanent modification during the same periods was $9 million and $26 million. The term extensions granted for residential mortgage and home equity permanent modifications vary widely and can be up to 30 years, but are mostly in the range of 1 to 20 years for both residential mortgage and home equity loans. The weighted-average term extension of permanent modifications for residential mortgage loans was 12.1 years and 9.9 years for the three and nine months ended September 30, 2023, while the weighted-average interest rate reduction was 1.31 percent and 1.50 percent. For the same periods, the weighted-average term extension of permanent modifications for home equity loans was 17.2 years and 16.2 years, while the weighted-average interest rate reduction was 2.69 percent and 3.11 percent. Principal forgiveness and payment deferrals were insignificant for the three and nine months ended September 30, 2023. For consumer real estate borrowers in financial difficulty that received a forbearance, trial or permanent modification, there were no commitments to lend additional funds at September 30, 2023. Borrowers with a home equity line of credit that received a forbearance plan could have all or a portion of their lines reinstated in the future if they cure their payment default and meet certain Bank conditions. Chapter 7 Discharges: If a borrower’s consumer real estate obligation is discharged in a Chapter 7 bankruptcy proceeding, the contractual payment terms of the loan are not modified, although they can no longer be enforced against the individual borrower. The Corporation’s ability to collect amounts due on the loan is limited to enforcement against the property through the foreclosure and sale of the collateral. The Corporation will only pursue foreclosure upon default by the borrower, and otherwise will recover pursuant to the loan terms or at the time of a sale. Residential mortgage and home equity loans that were granted a Chapter 7 discharge were insignificant for the three and nine months ended September 30, 2023. The Corporation tracks the performance of modified loans to assess effectiveness of modification programs. Defaults of modified residential mortgage and home equity loans since January 1, 2023 were $160 million and $26 million during the nine months ended September 30, 2023. The table below provides aging information as of September 30, 2023 for consumer real estate loans modified since January 1, 2023. Consumer Real Estate - Payment Status of Modifications to Borrowers in Financial Difficulty (1) Current 30–89 Days 90+ Days Total (Dollars in millions) September 30, 2023 Residential mortgage $ 295 $ 114 $ 156 $ 565 Home equity 51 11 28 90 Total $ 346 $ 125 $ 184 $ 655 (1) Excludes trial modifications and Chapter 7 discharges Consumer real estate foreclosed properties totaled $93 million and $121 million at September 30, 2023 and December 31, 2022. The carrying value of consumer real estate loans, including fully-insured loans, for which formal foreclosure proceedings were in process at September 30, 2023 and December 31, 2022 was $684 million and $871 million. During the nine months ended September 30, 2023 and 2022, the Corporation reclassified $86 million and $151 million of consumer real estate loans to foreclosed properties or, for properties acquired upon foreclosure of certain government-guaranteed loans (principally FHA-insured loans), to other assets. The reclassifications represent non-cash investing activities and, accordingly, are not reflected in the Consolidated Statement of Cash Flows. Credit Card and Other Consumer Credit card and other consumer loans are primarily modified by placing the customer on a fixed payment plan with a significantly reduced fixed interest rate, with terms ranging from 6 months to 72 months. As of September 30, 2023, substantially all payment plans provided to customers had a 60-month term. In certain circumstances, the Corporation will forgive a portion of the outstanding balance if the borrower makes payments up to a set amount. The Corporation makes modifications directly with borrowers for loans held by the Corporation (internal programs) as well as through third-party renegotiation agencies that provide solutions to customers’ entire unsecured debt structures (external programs). The September 30, 2023 amortized cost of credit card and other consumer loans that were modified through these programs during the three and nine months ended September 30, 2023 was $196 million and $455 million. The weighted-average interest rate reduction for the modifications was 19.40 percent and 19.02 percent, and principal forgiveness was $16 million and $41 million during the three and nine months ended September 30, 2023. The Corporation tracks the performance of modified loans to assess the effectiveness of modification programs. Defaults of modified credit card and other consumer loans since January 1, 2023 were insignificant during the three and nine months ended September 30, 2023. Of the $455 million in modified credit card and other consumer loans to borrowers experiencing financial difficulty as of September 30, 2023, $370 million were current, $47 million were 30-89 days past due, and $38 million were greater than 90 days past due. These modifications represented 0.22 percent of outstanding credit card

Securitizations and Other Varia

Securitizations and Other Variable Interest Entities	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Securitizations and Other Variable Interest Entities	Securitizations and Other Variable Interest EntitiesThe Corporation utilizes VIEs in the ordinary course of business to support its own and its customers’ financing and investing needs. The tables in this Note present the assets and liabilities of consolidated and unconsolidated VIEs at September 30, 2023 and December 31, 2022 in situations where the Corporation has continuing involvement with transferred assets or if the Corporation otherwise has a variable interest in the VIE. The tables also present the Corporation’s maximum loss exposure at September 30, 2023 and December 31, 2022 resulting from its involvement with consolidated VIEs and unconsolidated VIEs in which the Corporation holds a variable interest. For more information on the Corporation’s use of VIEs and related maximum loss exposure, see Note 1 – Summary of Significant Accounting Principles and Note 6 – Securitizations and Other Variable Interest Entities to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The Corporation invests in ABS issued by third-party VIEs with which it has no other form of involvement and enters into certain commercial lending arrangements that may also incorporate the use of VIEs, for example to hold collateral. These securities and loans are included in Note 4 – Securities or Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses. In addition, the Corporation has used VIEs in connection with its funding activities. The Corporation did not provide financial support to consolidated or unconsolidated VIEs during the three and nine months ended September 30, 2023 or the year ended December 31, 2022 that it was not previously contractually required to provide, nor does it intend to do so. The Corporation had liquidity commitments, including written put options and collateral value guarantees, with certain unconsolidated VIEs of $950 million and $978 million at September 30, 2023 and December 31, 2022. First-lien Mortgage Securitizations As part of its mortgage banking activities, the Corporation securitizes a portion of the first-lien residential mortgage loans it originates or purchases from third parties. Except as described in Note 10 – Commitments and Contingencies , the Corporation does not provide guarantees or recourse to the securitization trusts other than standard representations and warranties. The table below summarizes select information related to first-lien mortgage securitizations for the three and nine months ended September 30, 2023 and 2022. First-lien Mortgage Securitizations Residential Mortgage - Agency Commercial Mortgage Three Months Ended September 30 Nine Months Ended September 30 Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 2023 2022 Proceeds from loan sales (1) $ 1,220 $ 3,259 $ 3,475 $ 7,000 $ 1,167 $ 779 $ 1,764 $ 5,194 Gains on securitizations (2) (2) — (6) 8 33 13 35 39 Repurchases from securitization trusts (3) 10 21 24 46 — — — — (1) The Corporation transfers residential mortgage loans to securitizations sponsored primarily by the government-sponsored enterprises or Government National Mortgage Association (GNMA) in the normal course of business and primarily receives residential mortgage-backed securities in exchange. Substantially all of these securities are classified as Level 2 within the fair value hierarchy and are typically sold shortly after receipt. (2) A majority of the first-lien residential mortgage loans securitized are initially classified as LHFS and accounted for under the fair value option. Gains recognized on these LHFS prior to securitization, which totaled $17 million and $34 million net of hedges, during the three and nine months ended September 30, 2023 compared to $5 million and $35 million for the same periods in 2022, are not included in the table above. (3) The Corporation may have the option to repurchase delinquent loans out of securitization trusts, which reduces the amount of servicing advances it is required to make. The Corporation may also repurchase loans from securitization trusts to perform modifications. Repurchased loans include FHA-insured mortgages collateralizing GNMA securities. The Corporation recognizes consumer MSRs from the sale or securitization of consumer real estate loans. The unpaid principal balance of loans serviced for investors, including residential mortgage and home equity loans, totaled $93.5 billion and $102.6 billion at September 30, 2023 and 2022. Servicing fee and ancillary fee income on serviced loans was $55 million and $187 million during the three and nine months ended September 30, 2023 compared to $71 million and $215 million for the same periods in 2022. Servicing advances on serviced loans, including loans serviced for others and loans held for investment, were $1.3 billion and $1.6 billion at September 30, 2023 and December 31, 2022. For more information on MSRs, see Note 14 – Fair Value Measurements . During the three and nine months ended September 30, 2023, the Corporation deconsolidated agency residential mortgage securitization trusts with total assets of $35 million and $659 million compared to $22 million and $585 million for the same periods in 2022. The following table summarizes select information related to first-lien mortgage securitization trusts in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. First-lien Mortgage VIEs Residential Mortgage Non-agency Agency Prime Subprime Alt-A Commercial Mortgage (Dollars in millions) Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Unconsolidated VIEs Maximum loss exposure (1) $ 8,280 $ 9,112 $ 83 $ 91 $ 655 $ 735 $ 9 $ 28 $ 1,461 $ 1,594 On-balance sheet assets Senior securities: Trading account assets $ 284 $ 232 $ 4 $ 3 $ 20 $ 25 $ 7 $ 26 $ 17 $ 91 Debt securities carried at fair value 2,482 3,027 — — 342 410 — — — — Held-to-maturity securities 5,514 5,853 — — — — — — 1,293 1,268 All other assets — — 2 3 22 25 2 2 45 101 Total retained positions $ 8,280 $ 9,112 $ 6 $ 6 $ 384 $ 460 $ 9 $ 28 $ 1,355 $ 1,460 Principal balance outstanding (2) $ 76,572 $ 81,644 $ 3,589 $ 3,973 $ 4,600 $ 5,034 $ 10,650 $ 11,568 $ 81,080 $ 85,101 Consolidated VIEs Maximum loss exposure (1) $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — On-balance sheet assets Trading account assets $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — Loans and leases, net — — — — — — — — — — Total assets $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — (1) Maximum loss exposure includes obligations under loss-sharing reinsurance and other arrangements for non-agency residential mortgage and commercial mortgage securitizations, but excludes the reserve for representations and warranties obligations and corporate guarantees and also excludes servicing advances and other servicing rights and obligations. For more information, see Note 10 – Commitments and Contingencies and Note 14 – Fair Value Measurements . (2) Principal balance outstanding includes loans where the Corporation was the transferor to securitization VIEs with which it has continuing involvement, which may include servicing the loans. Other Asset-backed Securitizations The table below summarizes select information related to home equity, credit card and other asset-backed VIEs in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. Home Equity Loan, Credit Card and Other Asset-backed VIEs Home Equity (1) Credit Card and Automobile (2) Resecuritization Trusts Municipal Bond Trusts (Dollars in millions) Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Unconsolidated VIEs Maximum loss exposure $ — $ 119 $ — $ — $ 4,683 $ 4,243 $ 2,030 $ 2,537 On-balance sheet assets Securities (3) : Trading account assets $ — $ — $ — $ — $ 1,465 $ 456 $ — $ — Debt securities carried at fair value — 1 — — 916 1,259 — — Held-to-maturity securities — — — — 2,302 2,528 — — Total retained positions $ — $ 1 $ — $ — $ 4,683 $ 4,243 $ — $ — Total assets of VIEs $ 264 $ 326 $ — $ — $ 18,187 $ 12,255 $ 2,486 $ 3,016 Consolidated VIEs Maximum loss exposure $ 13 $ 32 $ 8,361 $ 9,555 $ 119 $ 551 $ 2,121 $ — On-balance sheet assets Trading account assets $ — $ — $ — $ — $ 291 $ 650 $ 2,071 $ — Debt securities carried at fair value — — — — — — 50 — Loans and leases 34 97 15,233 14,555 — — — — Allowance for loan and lease losses 7 12 (815) (808) — — — — All other assets 1 2 111 68 — — — — Total assets $ 42 $ 111 $ 14,529 $ 13,815 $ 291 $ 650 $ 2,121 $ — On-balance sheet liabilities Short-term borrowings $ — $ — $ — $ — $ — $ — $ 2,036 $ — Long-term debt 29 79 6,156 4,247 172 99 — — All other liabilities — — 12 13 — — — — Total liabilities $ 29 $ 79 $ 6,168 $ 4,260 $ 172 $ 99 $ 2,036 $ — (1) For unconsolidated home equity loan VIEs, the maximum loss exposure includes outstanding trust certificates issued by trusts in rapid amortization, net of recorded reserves. For both consolidated and unconsolidated home equity loan VIEs, the maximum loss exposure excludes the reserve for representations and warranties obligations and corporate guarantees. For more information, see Note 10 – Commitments and Contingencies . (2) At September 30, 2023 and December 31, 2022, loans and leases in the consolidated credit card trust included $3.6 billion and $3.3 billion of seller’s interest. (3) The retained senior securities were valued using quoted market prices or observable market inputs (Level 2 of the fair value hierarchy). Home Equity Loans The Corporation retains interests, primarily senior securities, in home equity securitization trusts to which it transferred home equity loans. In addition, the Corporation may be obligated to provide subordinate funding to the trusts during a rapid amortization event. This obligation is included in the maximum loss exposure in the preceding table. The charges that will ultimately be recorded as a result of the rapid amortization events depend on the undrawn portion of the home equity lines of credit, performance of the loans, the amount of subsequent draws and the timing of related cash flows. Credit Card and Automobile Loan Securitizations The Corporation securitizes originated and purchased credit card and automobile loans as a source of financing. The loans are sold on a non-recourse basis to consolidated trusts. The securitizations are ongoing, whereas additional receivables will be funded into the trusts by either loan repayments or proceeds from securities issued to third parties, depending on the securitization structure. The Corporation’s continuing involvement with the securitization trusts includes servicing the receivables and holding various subordinated interests, including an undivided seller’s interest in the credit card receivables and owning certain retained interests. At September 30, 2023 and 2022, the carrying values of the receivables in the trusts totaled $15.2 billion and $14.0 billion, which are included in loans and leases, and the carrying values of senior debt securities that were issued to third-party investors from the trusts totaled $6.2 billion and $3.0 billion, which are included in long-term debt. Resecuritization Trusts The Corporation transfers securities, typically MBS, into resecuritization VIEs generally at the request of customers seeking securities with specific characteristics. Generally, there are no significant ongoing activities performed in a resecuritization trust, and no single investor has the unilateral ability to liquidate the trust. The Corporation resecuritized $1.8 billion and $7.6 billion of securities during the three and nine months ended September 30, 2023 compared to $5.3 billion and $19.5 billion for the same periods in 2022. Securities transferred into resecuritization VIEs were measured at fair value with changes in fair value recorded in market making and similar activities prior to the resecuritization and, accordingly, no gain or loss on sale was recorded. During the three and nine months ended September 30, 2023 and 2022, resecuritization proceeds included securities with an initial fair value of $1.1 billion and $2.1 billion compared to $670 million and $2.4 billion, of which substantially all of the securities were classified as trading account assets for both periods. Substantially all of the trading account securities carried at fair value were categorized as Level 2 within the fair value hierarchy. Municipal Bond Trusts The Corporation administers municipal bond trusts that hold highly-rated, long-term, fixed-rate municipal bonds. The trusts obtain financing by issuing floating-rate trust certificates that reprice on a weekly or other short-term basis to third-party investors. The Corporation’s liquidity commitments to unconsolidated municipal bond trusts, including those for which the Corporation was transferor, totaled $2.0 billion and $2.5 billion at September 30, 2023 and December 31, 2022. The weighted-average remaining life of bonds held in the trusts at September 30, 2023 was 12.3 years. There were no significant write-downs or downgrades of assets or issuers during the nine months ended September 30, 2023 and 2022. Other Variable Interest Entities The table below summarizes select information related to other VIEs in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. Other VIEs Consolidated Unconsolidated Total Consolidated Unconsolidated (1) Total (1) (Dollars in millions) September 30, 2023 December 31, 2022 Maximum loss exposure $ 1,840 $ 47,375 $ 49,215 $ 2,286 $ 47,477 $ 49,763 On-balance sheet assets Trading account assets $ 378 $ 2,183 $ 2,561 $ 353 $ 2,187 $ 2,540 Debt securities carried at fair value — 125 125 — 473 473 Loans and leases 1,635 14,447 16,082 2,086 14,243 16,329 Allowance for loan and lease losses (1) (71) (72) (1) (99) (100) All other assets 60 30,164 30,224 46 30,221 30,267 Total $ 2,072 $ 46,848 $ 48,920 $ 2,484 $ 47,025 $ 49,509 On-balance sheet liabilities Short-term borrowings $ 23 $ — $ 23 $ 42 $ — $ 42 Long-term debt 209 — 209 156 — 156 All other liabilities — 7,104 7,104 — 7,318 7,318 Total $ 232 $ 7,104 $ 7,336 $ 198 $ 7,318 $ 7,516 (1) Prior period has been revised to include unconsolidated CLOs. Customer VIEs Customer VIEs include credit-linked, equity-linked and commodity-linked note VIEs, repackaging VIEs and asset acquisition VIEs, which are typically created on behalf of customers who wish to obtain market or credit exposure to a specific company, index, commodity or financial instrument. The Corporation’s involvement in the VIE is limited to its loss exposure. The Corporation’s maximum loss exposure to consolidated and unconsolidated customer VIEs totaled $832 million and $914 million at September 30, 2023 and December 31, 2022, including the notional amount of derivatives to which the Corporation is a counterparty, net of losses previously recorded, and the Corporation’s investment, if any, in securities issued by the VIEs. Total assets of the consolidated and unconsolidated VIEs were $1.5 billion at both September 30, 2023 and December 31, 2022. CDO and CLO VIEs The Corporation holds investments in unconsolidated CDO and CLO VIEs, that hold diversified pools of fixed-income securities, typically corporate debt, ABS or non-investment grade corporate loans, which are funded by multiple tranches of debt instruments and equity securities issued by the VIEs. The VIEs are managed by third-party portfolio managers. The Corporation held $16.2 billion and $16.3 billion of loans and securities issued by CDO and CLO VIEs at September 30, 2023 and December 31, 2022. The Corporation’s loss exposure is limited to its loan and debt security holdings and the notional amount of any derivatives to which the Corporation is a counterparty. The Corporation’s maximum loss exposure to consolidated and unconsolidated CDOs and CLOs totaled $16.3 billion at both September 30, 2023 and December 31, 2022, which is insignificant to the total assets of the VIEs. Investment VIEs The Corporation sponsors, invests in or provides financing, which may be in connection with the sale of assets, to a variety of investment VIEs that hold loans, real estate, debt securities or other financial instruments and are designed to provide the desired investment profile to investors or the Corporation. At September 30, 2023 and December 31, 2022, the Corporation’s consolidated investment VIEs had total assets of $471 million and $854 million. The Corporation also held investments in unconsolidated VIEs with total assets of $15.4 billion and $12.2 billion at September 30, 2023 and December 31, 2022. The Corporation’s maximum loss exposure associated with both consolidated and unconsolidated investment VIEs totaled $1.8 billion and $2.4 billion at September 30, 2023 and December 31, 2022 comprised primarily of on-balance sheet assets less non-recourse liabilities. Leveraged Lease Trusts The Corporation’s net investment in consolidated leveraged lease trusts totaled $1.2 billion at both September 30, 2023 and December 31, 2022. The trusts hold long-lived equipment such as rail cars, power generation and distribution equipment, and commercial aircraft. The Corporation structures the trusts and holds a significant residual interest. The net investment represents the Corporation’s maximum loss exposure to the trusts in the unlikely event that the leveraged lease investments become worthless. Debt issued by the leveraged lease trusts is non-recourse to the Corporation. Tax Credit VIEs The Corporation holds equity investments in unconsolidated limited partnerships and similar entities that construct, own and operate affordable housing, renewable energy and certain other projects. The total assets of these unconsolidated tax credit VIEs were $81.7 billion and $74.8 billion as of September 30, 2023 and December 31, 2022. An unrelated third party is typically the general partner or managing member and has control over the significant activities of the VIE. As an investor, tax credits associated with the investments in these entities are allocated to the Corporation, as provided by the U.S. Internal Revenue Code and related regulations, and are recognized as income tax benefits in the Corporation’s Consolidated Statement of Income in the year they are earned, which varies based on the type of investments. Tax credits from environmental, social and governance investments in affordable housing are recognized ratably over a term of up to 10 years, and tax credits from renewable energy investments are recognized either at inception for transactions electing Investment Tax Credits (ITCs) or as energy is produced for transactions electing Production Tax Credits (PTCs), which is generally up to a 10-year time period. The volume and types of investments held by the Corporation will influence the amount of tax credits recognized each period. The Corporation’s equity investments in affordable housing and other projects totaled $14.9 billion and $14.7 billion at September 30, 2023 and December 31, 2022, which included unfunded capital contributions of $6.8 billion and $6.9 billion and are probable to be paid over the next five years. The Corporation may be asked to invest additional amounts to support a troubled affordable housing project. Such additional investments have not been and are not expected to be significant. During the three and nine months ended September 30, 2023, the Corporation recognized tax credits and other tax benefits related to affordable housing and other tax credit equity investments of $526 million and $1.6 billion compared to $457 million and $1.3 billion for the same periods in 2022, and reported pretax losses in other income of $379 million and $1.1 billion compared to $350 million and $1.0 billion for the same periods in 2022. The Corporation’s equity investments in renewable energy totaled $13.9 billion at both September 30, 2023 and December 31, 2022. In addition, the Corporation had unfunded capital contributions for renewable energy investments of $6.5 billion and $1.9 billion at September 30, 2023 and December 31, 2022, which are contingent on various conditions precedent to funding over the next two years. The Corporation’s risk of loss is generally mitigated by policies requiring the project to qualify for the expected tax credits prior to making its investment. During the three and nine months ended September 30, 2023, the Corporation recognized tax credits and other tax benefits related to renewable energy equity investments of $1.3 billion and $3.4 billion compared to $527 million and $2.0 billion for the same periods in 2022 and reported pretax losses in other income of $849 million and $2.0 billion compared to $337 million and $1.4 billion for the same periods in 2022. The Corporation may also enter into power purchase agreements with renewable energy tax credit entities. The maximum loss exposure for tax credit VIEs was $28.8 billion at both September 30, 2023 and December 31, 2022.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The table below presents goodwill balances by business segment at September 30, 2023 and December 31, 2022. The reporting units utilized for goodwill impairment testing are the operating segments or one level below. Goodwill (Dollars in millions) September 30 December 31 Consumer Banking $ 30,137 $ 30,137 Global Wealth & Investment Management 9,677 9,677 Global Banking 24,026 24,026 Global Markets 5,181 5,182 Total goodwill $ 69,021 $ 69,022 Intangible Assets At September 30, 2023 and December 31, 2022, the net carrying value of intangible assets was $2.0 billion and $2.1 billion. At both September 30, 2023 and December 31, 2022, intangible assets included $1.6 billion of intangible assets associated with trade names, substantially all of which had an indefinite life and, accordingly, are not being amortized. Amortization of intangibles expense was $20 million for both the three months ended September 30, 2023 and 2022 and $59 million for both the nine months ended September 30, 2023 and 2022.

Leases

Leases	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Leases	Leases The Corporation enters into both lessor and lessee arrangements. For more information on lease accounting, see Note 1 – Summary of Significant Accounting Principles and Note 8 – Leases to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. For more information on lease financing receivables, see Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses . Lessor Arrangements The Corporation’s lessor arrangements primarily consist of operating, sales-type and direct financing leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. The table below presents the net investment in sales-type and direct financing leases at September 30, 2023 and December 31, 2022. Net Investment (1) (Dollars in millions) September 30 December 31 2022 Lease receivables $ 15,580 $ 15,123 Unguaranteed residuals 2,291 2,143 Total net investment in sales-type and direct $ 17,871 $ 17,266 (1) In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $6.6 billion and $6.5 billion at September 30, 2023 and December 31, 2022. The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132 Lessee Arrangements The Corporation's lessee arrangements predominantly consist of operating leases for premises and equipment; the Corporation's financing leases are not significant. The table below provides information on the right-of-use assets and lease liabilities at September 30, 2023 and December 31, 2022. Lessee Arrangements (Dollars in millions) September 30 December 31 2022 Right-of-use asset $ 9,187 $ 9,755 Lease liabilities 9,799 10,359
Leases	Leases The Corporation enters into both lessor and lessee arrangements. For more information on lease accounting, see Note 1 – Summary of Significant Accounting Principles and Note 8 – Leases to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. For more information on lease financing receivables, see Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses . Lessor Arrangements The Corporation’s lessor arrangements primarily consist of operating, sales-type and direct financing leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. The table below presents the net investment in sales-type and direct financing leases at September 30, 2023 and December 31, 2022. Net Investment (1) (Dollars in millions) September 30 December 31 2022 Lease receivables $ 15,580 $ 15,123 Unguaranteed residuals 2,291 2,143 Total net investment in sales-type and direct $ 17,871 $ 17,266 (1) In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $6.6 billion and $6.5 billion at September 30, 2023 and December 31, 2022. The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132 Lessee Arrangements The Corporation's lessee arrangements predominantly consist of operating leases for premises and equipment; the Corporation's financing leases are not significant. The table below provides information on the right-of-use assets and lease liabilities at September 30, 2023 and December 31, 2022. Lessee Arrangements (Dollars in millions) September 30 December 31 2022 Right-of-use asset $ 9,187 $ 9,755 Lease liabilities 9,799 10,359
Leases	Leases The Corporation enters into both lessor and lessee arrangements. For more information on lease accounting, see Note 1 – Summary of Significant Accounting Principles and Note 8 – Leases to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. For more information on lease financing receivables, see Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses . Lessor Arrangements The Corporation’s lessor arrangements primarily consist of operating, sales-type and direct financing leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. The table below presents the net investment in sales-type and direct financing leases at September 30, 2023 and December 31, 2022. Net Investment (1) (Dollars in millions) September 30 December 31 2022 Lease receivables $ 15,580 $ 15,123 Unguaranteed residuals 2,291 2,143 Total net investment in sales-type and direct $ 17,871 $ 17,266 (1) In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $6.6 billion and $6.5 billion at September 30, 2023 and December 31, 2022. The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132 Lessee Arrangements The Corporation's lessee arrangements predominantly consist of operating leases for premises and equipment; the Corporation's financing leases are not significant. The table below provides information on the right-of-use assets and lease liabilities at September 30, 2023 and December 31, 2022. Lessee Arrangements (Dollars in millions) September 30 December 31 2022 Right-of-use asset $ 9,187 $ 9,755 Lease liabilities 9,799 10,359
Leases	Leases The Corporation enters into both lessor and lessee arrangements. For more information on lease accounting, see Note 1 – Summary of Significant Accounting Principles and Note 8 – Leases to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. For more information on lease financing receivables, see Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses . Lessor Arrangements The Corporation’s lessor arrangements primarily consist of operating, sales-type and direct financing leases for equipment. Lease agreements may include options to renew and for the lessee to purchase the leased equipment at the end of the lease term. The table below presents the net investment in sales-type and direct financing leases at September 30, 2023 and December 31, 2022. Net Investment (1) (Dollars in millions) September 30 December 31 2022 Lease receivables $ 15,580 $ 15,123 Unguaranteed residuals 2,291 2,143 Total net investment in sales-type and direct $ 17,871 $ 17,266 (1) In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $6.6 billion and $6.5 billion at September 30, 2023 and December 31, 2022. The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132 Lessee Arrangements The Corporation's lessee arrangements predominantly consist of operating leases for premises and equipment; the Corporation's financing leases are not significant. The table below provides information on the right-of-use assets and lease liabilities at September 30, 2023 and December 31, 2022. Lessee Arrangements (Dollars in millions) September 30 December 31 2022 Right-of-use asset $ 9,187 $ 9,755 Lease liabilities 9,799 10,359

Securities Financing Agreements

Securities Financing Agreements, Collateral and Restricted Cash	9 Months Ended
	Sep. 30, 2023
Securities Financing Agreements, Collateral and Restricted Cash [Abstract]
Securities Financing Agreements, Collateral and Restricted Cash	Securities Financing Agreements, Collateral and Restricted Cash The Corporation enters into securities financing agreements which include securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase. These financing agreements (also referred to as “matched-book transactions”) are to accommodate customers, obtain securities to cover short positions and finance inventory positions. The Corporation elects to account for certain securities financing agreements under the fair value option. For more information on the fair value option, see Note 15 – Fair Value Option . Offsetting of Securities Financing Agreements The Securities Financing Agreements table presents securities financing agreements included on the Consolidated Balance Sheet in federal funds sold and securities borrowed or purchased under agreements to resell, and in federal funds purchased and securities loaned or sold under agreements to repurchase at September 30, 2023 and December 31, 2022. Balances are presented on a gross basis, prior to the application of counterparty netting. Gross assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements. For more information on the offsetting of derivatives, see Note 3 – Derivatives. For more information on the securities financing agreements and the offsetting of securities financing transactions, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Securities Financing Agreements Gross Assets/Liabilities (1) Amounts Offset Net Balance Sheet Amount Financial Instruments (2) Net Assets/Liabilities (Dollars in millions) September 30, 2023 Securities borrowed or purchased under agreements to resell (3) $ 651,337 $ (342,088) $ 309,249 $ (283,835) $ 25,414 Securities loaned or sold under agreements to repurchase $ 642,791 $ (342,088) $ 300,703 $ (285,522) $ 15,181 Other (4) 8,304 — 8,304 (8,304) — Total $ 651,095 $ (342,088) $ 309,007 $ (293,826) $ 15,181 December 31, 2022 Securities borrowed or purchased under agreements to resell (3) $ 597,847 $ (330,273) $ 267,574 $ (240,120) $ 27,454 Securities loaned or sold under agreements to repurchase $ 525,908 $ (330,273) $ 195,635 $ (183,265) $ 12,370 Other (4) 8,427 — 8,427 (8,427) — Total $ 534,335 $ (330,273) $ 204,062 $ (191,692) $ 12,370 (1) Includes activity where uncertainty exists as to the enforceability of certain master netting agreements under bankruptcy laws in some countries or industries. (2) Includes securities collateral received or pledged under repurchase or securities lending agreements where there is a legally enforceable master netting agreement. These amounts are not offset on the Consolidated Balance Sheet, but are shown as a reduction to derive a net asset or liability. Securities collateral received or pledged where the legal enforceability of the master netting agreements is uncertain is excluded from the table. (3) Excludes repurchase activity of $8.6 billion and $8.7 billion reported in loans and leases on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022. (4) Balance is reported in accrued expenses and other liabilities on the Consolidated Balance Sheet and relates to transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged as collateral or sold. In these transactions, the Corporation recognizes an asset at fair value, representing the securities received, and a liability, representing the obligation to return those securities. Repurchase Agreements and Securities Loaned Transactions Accounted for as Secured Borrowings The following tables present securities sold under agreements to repurchase and securities loaned by remaining contractual term to maturity and class of collateral pledged. Included in “Other” are transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged as collateral or sold. Certain agreements contain a right to substitute collateral and/or terminate the agreement prior to maturity at the option of the Corporation or the counterparty. Such agreements are included in the table below based on the remaining contractual term to maturity. For more information on collateral requirements, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Remaining Contractual Maturity Overnight and Continuous 30 Days or Less After 30 Days Through 90 Days Greater than 90 Days (1) Total (Dollars in millions) September 30, 2023 Securities sold under agreements to repurchase $ 257,669 $ 167,947 $ 78,648 $ 58,853 $ 563,117 Securities loaned 74,247 152 971 4,304 79,674 Other 8,304 — — — 8,304 Total $ 340,220 $ 168,099 $ 79,619 $ 63,157 $ 651,095 December 31, 2022 Securities sold under agreements to repurchase $ 200,087 $ 181,632 $ 41,666 $ 30,107 $ 453,492 Securities loaned 66,909 288 1,139 4,080 72,416 Other 8,427 — — — 8,427 Total $ 275,423 $ 181,920 $ 42,805 $ 34,187 $ 534,335 (1) No agreements have maturities greater than four years. Class of Collateral Pledged Securities Sold Under Agreements to Repurchase Securities Other Total (Dollars in millions) September 30, 2023 U.S. government and agency securities $ 310,064 $ — $ 20 $ 310,084 Corporate securities, trading loans and other 20,488 778 7 21,273 Equity securities 7,410 78,896 8,260 94,566 Non-U.S. sovereign debt 220,382 — 17 220,399 Mortgage trading loans and ABS 4,773 — — 4,773 Total $ 563,117 $ 79,674 $ 8,304 $ 651,095 December 31, 2022 U.S. government and agency securities $ 193,005 $ 18 $ — $ 193,023 Corporate securities, trading loans and other 14,345 2,896 317 17,558 Equity securities 10,249 69,432 8,110 87,791 Non-U.S. sovereign debt 232,171 70 — 232,241 Mortgage trading loans and ABS 3,722 — — 3,722 Total $ 453,492 $ 72,416 $ 8,427 $ 534,335 Collateral The Corporation accepts securities and loans as collateral that it is permitted by contract or practice to sell or repledge. At September 30, 2023 and December 31, 2022, the fair value of this collateral was $852.7 billion and $827.6 billion, of which $820.9 billion and $764.1 billion was sold or repledged. The primary source of this collateral is securities borrowed or purchased under agreements to resell. For more information on collateral, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Restricted Cash At September 30, 2023 and December 31, 2022, the Corporation held restricted cash included within cash and cash equivalents on the Consolidated Balance Sheet of $6.1 billion and $7.6 billion, predominantly related to cash segregated in compliance with securities regulations and cash held on deposit with central banks to meet reserve requirements.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Corporation enters into a number of off-balance sheet commitments. These commitments expose the Corporation to varying degrees of credit and market risk and are subject to the same credit and market risk limitation reviews as those instruments recorded on the Consolidated Balance Sheet. For more information on commitments and contingencies, see Note 12 – Commitments and Contingencies to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Credit Extension Commitments The Corporation enters into commitments to extend credit such as loan commitments, standby letters of credit (SBLCs) and commercial letters of credit to meet the financing needs of its customers. The following table includes the notional amount of unfunded legally binding lending commitments net of amounts distributed (i.e., syndicated or participated) to other financial institutions. The distributed amounts were $10.6 billion and $10.4 billion at September 30, 2023 and December 31, 2022. The carrying value of the Corporation’s credit extension commitments at September 30, 2023 and December 31, 2022, excluding commitments accounted for under the fair value option, was $1.4 billion and $1.6 billion, which predominantly related to the reserve for unfunded lending commitments. The carrying value of these commitments is classified in accrued expenses and other liabilities on the Consolidated Balance Sheet. Legally binding commitments to extend credit generally have specified rates and maturities. Certain of these commitments have adverse change clauses that help to protect the Corporation against deterioration in the borrower’s ability to pay. The following table includes the notional amount of commitments of $1.8 billion and $3.0 billion at September 30, 2023 and December 31, 2022 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $62 million and $110 million at September 30, 2023 and December 31, 2022, which is classified in accrued expenses and other liabilities. For more information regarding the Corporation’s loan commitments accounted for under the fair value option, see Note 15 – Fair Value Option. Credit Extension Commitments Expire in One Expire After One Expire After Three Years Through Expire After Total (Dollars in millions) September 30, 2023 Notional amount of credit extension commitments Loan commitments (1) $ 127,520 $ 182,325 $ 206,569 $ 14,204 $ 530,618 Home equity lines of credit 2,328 8,975 11,403 22,273 44,979 Standby letters of credit and financial guarantees (2) 21,131 9,821 2,691 505 34,148 Letters of credit 888 32 257 25 1,202 Other commitments (3) 5 46 118 1,056 1,225 Legally binding commitments 151,872 201,199 221,038 38,063 612,172 Credit card lines (4) 440,277 — — — 440,277 Total credit extension commitments $ 592,149 $ 201,199 $ 221,038 $ 38,063 $ 1,052,449 December 31, 2022 Notional amount of credit extension commitments Loan commitments (1) $ 113,962 $ 162,890 $ 221,374 $ 13,667 $ 511,893 Home equity lines of credit 1,479 7,230 11,578 22,154 42,441 Standby letters of credit and financial guarantees (2) 22,565 9,237 2,787 628 35,217 Letters of credit 853 46 52 49 1,000 Other commitments (3) 5 93 71 1,103 1,272 Legally binding commitments 138,864 179,496 235,862 37,601 591,823 Credit card lines (4) 419,144 — — — 419,144 Total credit extension commitments $ 558,008 $ 179,496 $ 235,862 $ 37,601 $ 1,010,967 (1) At September 30, 2023 and December 31, 2022, $3.7 billion and $2.6 billion of these loan commitments were held in the form of a security. (2) The notional amounts of SBLCs and financial guarantees classified as investment grade and non-investment grade based on the credit quality of the underlying reference name within the instrument were $23.6 billion and $9.8 billion at September 30, 2023, and $25.1 billion and $9.5 billion at December 31, 2022. Amounts in the table include consumer SBLCs of $714 million and $575 million at September 30, 2023 and December 31, 2022. (3) Primarily includes second-loss positions on lease-end residual value guarantees. (4) Includes business card unused lines of credit. Other Commitments At September 30, 2023 and December 31, 2022, the Corporation had commitments to purchase loans (e.g., residential mortgage and commercial real estate) of $788 million and $636 million, which upon settlement will be included in trading account assets, loans or LHFS, and commitments to purchase commercial loans of $452 million and $294 million, which upon settlement will be included in trading account assets. At September 30, 2023 and December 31, 2022, the Corporation had commitments to enter into resale and forward-dated resale and securities borrowing agreements of $128.3 billion and $92.0 billion, and commitments to enter into forward-dated repurchase and securities lending agreements of $73.2 billion and $57.8 billion. A significant portion of these commitments will expire within the next 12 months. At September 30, 2023 and December 31, 2022, the Corporation had a commitment to originate or purchase up to $4.0 billion and $3.7 billion on a rolling 12-month basis, of auto loans and leases from a strategic partner. This commitment extends through November 2026 and can be terminated with 12 months prior notice. At September 30, 2023 and December 31, 2022, the Corporation had unfunded equity investment commitments of $900 million and $571 million. As a Federal Reserve member bank, the Corporation is required to subscribe to a certain amount of shares issued by its Federal Reserve district bank, which pays cumulative dividends at a prescribed rate. As of September 30, 2023 and December 31, 2022, the Corporation paid $5.4 billion for half of its subscribed shares, with the remaining half subject to call by the Federal Reserve district bank board, which the Corporation believes is remote. Other Guarantees Bank-owned Life Insurance Book Value Protection The Corporation sells products that offer book value protection to insurance carriers who offer group life insurance policies to corporations, primarily banks. At both September 30, 2023 and December 31, 2022, the notional amount of these guarantees totaled $4.3 billion. At both September 30, 2023 and December 31, 2022, the Corporation’s maximum exposure related to these guarantees totaled $632 million, with estimated maturity dates between 2033 and 2039. Merchant Services The Corporation in its role as merchant acquirer or as a sponsor of other merchant acquirers may be held liable for any reversed charges that cannot be collected from the merchants due to, among other things, merchant fraud or insolvency. If charges are properly reversed after a purchase and cannot be collected from either the merchants or merchant acquirers, the Corporation may be held liable for these reversed charges. The ability to reverse a charge is primarily governed by the applicable payment network rules and regulations, which include, but are not limited to, the type of charge, type of payment used and time limits. The total amount of transactions subject to reversal under payment network rules and regulations processed for the preceding six-month period, which was approximately $412 billion, is an estimate of the Corporation’s maximum potential exposure as of September 30, 2023. The Corporation’s risk in this area primarily relates to circumstances where a cardholder has purchased goods or services for future delivery. The Corporation mitigates this risk by requiring cash deposits, guarantees, letters of credit or other types of collateral from certain merchants. The Corporation’s reserves for contingent losses and the losses incurred related to the merchant processing activity were not significant. Representations and Warranties Obligations and Corporate Guarantees For more information on representations and warranties obligations and corporate guarantees, see Note 12 – Commitments and Contingencies to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The reserve for representations and warranties obligations and corporate guarantees was $621 million and $612 million at September 30, 2023 and December 31, 2022 and is included in accrued expenses and other liabilities on the Consolidated Balance Sheet, and the related provision is included in other income in the Consolidated Statement of Income. The representations and warranties reserve represents the Corporation’s best estimate of probable incurred losses, is based on its experience in previous negotiations, and is subject to judgment, a variety of assumptions, and known or unknown uncertainties. Future representations and warranties losses may occur in excess of the amounts recorded for these exposures; however, the Corporation does not expect such amounts to be material to the Corporation's financial condition and liquidity. See Litigation and Regulatory Matters below for the Corporation's combined range of possible loss in excess of the reserve for representations and warranties and the accrued liability for litigation. Fixed Income Clearing Corporation Sponsored Member Repo Program The Corporation acts as a sponsoring member in a repo program whereby the Corporation clears certain eligible resale and repurchase agreements through the Government Securities Division of the Fixed Income Clearing Corporation on behalf of clients that are sponsored members in accordance with the Fixed Income Clearing Corporation’s rules. As part of this program, the Corporation guarantees the payment and performance of its sponsored members to the Fixed Income Clearing Corporation. The Corporation’s guarantee obligation is secured by a security interest in cash or high-quality securities collateral placed by clients with the clearinghouse and therefore, the potential for the Corporation to incur significant losses under this arrangement is remote. The Corporation’s maximum potential exposure, without taking into consideration the related collateral, was $43.6 billion and $59.6 billion at September 30, 2023 and December 31, 2022. Other Guarantees In the normal course of business, the Corporation periodically guarantees the obligations of its affiliates in a variety of transactions including ISDA-related transactions and non-ISDA related transactions such as commodities trading, repurchase agreements, prime brokerage agreements and other transactions. Guarantees of Certain Long-term Debt The Corporation, as the parent company, fully and unconditionally guarantees the securities issued by BofA Finance LLC, a consolidated finance subsidiary of the Corporation, and effectively provides for the full and unconditional guarantee of trust securities and capital securities issued by certain statutory trust companies that are 100 percent owned finance subsidiaries of the Corporation. Other Contingencies On May 11, 2023, the Federal Deposit Insurance Corporation (FDIC) issued a proposed rule that would impose a special assessment to recover the loss to the Deposit Insurance Fund arising from the protection of uninsured depositors of Silicon Valley Bank and Signature Bank associated with their closures, and the systemic risk determination announced by the FDIC on March 12, 2023. While the timing and amount of any expense recognition are unknown until the proposed rule is finalized, if the final rule is issued as proposed, the estimated impact of the special assessment on the Corporation would be a noninterest expense of approximately $1.9 billion that would be recognized upon finalization of the rule, which could occur in the fourth quarter of 2023. Litigation and Regulatory Matters The following disclosures supplement the disclosure in Note 12 – Commitments and Contingencies to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K (the prior commitments and contingencies disclosure). In the ordinary course of business, the Corporation and its subsidiaries are routinely defendants in or parties to many pending and threatened legal, regulatory and governmental actions and proceedings. In view of the inherent difficulty of predicting the outcome of such matters, particularly where the claimants seek very large or indeterminate damages or where the matters present novel legal theories or involve a large number of parties, the Corporation generally cannot predict the eventual outcome of the pending matters, timing of the ultimate resolution of these matters, or eventual loss, fines or penalties related to each pending matter. As a matter develops, the Corporation, in conjunction with any outside counsel handling the matter, evaluates whether such matter presents a loss contingency that is probable and estimable, and, for the matters disclosed below and in the prior commitments and contingencies disclosure, whether a loss in excess of any accrued liability is reasonably possible in future periods. Once the loss contingency is deemed to be both probable and estimable, the Corporation will establish an accrued liability and record a corresponding amount of litigation-related expense. The Corporation continues to monitor the matter for further developments that could affect the amount of the accrued liability that has been previously established. Excluding expenses of internal and external legal service providers, litigation and regulatory investigation-related expense of $76 million and $442 million was recognized for the three and nine months ended September 30, 2023 compared to $507 million and $1.1 billion for the same periods in 2022. For any matter disclosed in this Note and in the prior commitments and contingencies disclosure for which a loss in future periods is reasonably possible and estimable (whether in excess of an accrued liability or where there is no accrued liability) and for representations and warranties exposures, the Corporation’s estimated range of possible loss is $0 to $0.8 billion in excess of the accrued liability, if any, as of September 30, 2023. The accrued liability and estimated range of possible loss are based upon currently available information and subject to significant judgment, a variety of assumptions and known and unknown uncertainties. The matters underlying the accrued liability and estimated range of possible loss are unpredictable and may change from time to time, and actual losses may vary significantly from the current estimate and accrual. The estimated range of possible loss does not represent the Corporation’s maximum loss exposure. Information is provided below and in the prior commitments and contingencies disclosure regarding the nature of the litigation and, where specified, associated claimed damages. Based on current knowledge, and taking into account accrued liabilities, management does not believe that loss contingencies arising from pending matters, including the matters described below and in the prior commitments and contingencies disclosure, will have a material adverse effect on the consolidated financial condition or liquidity of the Corporation. However, in light of the significant judgment, variety of assumptions and uncertainties involved in those matters, some of which are beyond the Corporation’s control, and the very large or indeterminate damages sought in some of those matters, an adverse outcome in one or more of those matters could be material to the Corporation’s business or results of operations for any particular reporting period, or cause significant reputational harm. Deposit Insurance Assessment On April 10, 2023, the magistrate judge issued a report and recommendation (the Report) for resolving the parties’ pending summary judgment motions. The Report recommends granting the FDIC motion for summary judgment on BANA’s statutory liability for the unpaid assessments, subject to BANA’s statute of limitations defenses to assessments for the quarters ended March 31, 2012 through March 31, 2013, on which the Report recommends that relevant issues should be resolved at trial. The Report also recommends denying BANA’s counterclaims challenging the adoption of the relevant assessment regulations and granting BANA’s motion for summary judgment on the FDIC’s claims for unjust enrichment and disgorgement. The Report has been submitted to the district court judge for consideration, and the parties have filed objections to the recommendations in the Report. Representment Non-sufficient Fund Fees On July 11, 2023, it was announced that BANA agreed to settle two separate proceedings with the Office of the Comptroller of the Currency (OCC) and Consumer Financial Protection Bureau (CFPB) related to BANA’s assessing overdraft or insufficient funds fees each time a merchant resubmitted a transaction or check for payment after it had been declined due to insufficient funds (Representment Fees). Without admitting or denying the findings, BANA consented to orders requiring it to pay penalties of $60 million to each of the OCC and CFPB. Under the CFPB Consent Order, among other things, BANA also consented to refund at least $80 million to customers who were assessed Representment Fees between September 1, 2018 to February 18, 2022. Credit Card Sales and Marketing Practices On July 11, 2023, it was announced that BANA agreed to a settlement with the CFPB related to online advertisements concerning bonuses linked to rewards credit cards and failure to provide those bonuses to certain consumers, and applying for and opening credit cards for consumers without their consent and obtaining credit reports for those consumers. Without admitting or denying the findings, BANA agreed to the entry of a Consent Order requiring payment of a $30 million penalty and certain undertakings concerning consumer redress. Unemployment Insurance Prepaid Cards BANA has been named as a defendant in a number of putative class action, mass action, and individual lawsuits in multiple states related to its administration of prepaid debit cards to distribute unemployment and other state benefits. These lawsuits generally assert claims for monetary damages and injunctive relief. Class action and mass action lawsuits related to the California program, the largest program administered by BANA measured by total benefits and number of participants, have been consolidated into a multidistrict litigation (MDL) in the U.S. District Court for the Southern District of California. On May 25, 2023, the court dismissed certain of the claims in the MDL while allowing others to proceed, and plaintiffs subsequently filed an amended complaint. BANA filed a partial motion to dismiss certain of the remaining claims in the amended complaint in the MDL, which is currently pending.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Common Stock Declared Quarterly Cash Dividends on Common Stock (1) Declaration Date Record Date Payment Date Dividend Per Share October 18, 2023 December 1, 2023 December 29, 2023 $ 0.24 July 19, 2023 September 1, 2023 September 29, 2023 0.24 April 26, 2023 June 2, 2023 June 30, 2023 0.22 February 1, 2023 March 3, 2023 March 31, 2023 0.22 (1) In 2023, and through October 31, 2023. During the three and nine months ended September 30, 2023, the Corporation repurchased and retired 33 million and 119 million shares of common stock, which reduced shareholders’ equity by $1.0 billion and $3.8 billion. During the nine months ended September 30, 2023, in connection with employee stock plans, the Corporation issued 73 million shares of its common stock and, to satisfy tax withholding obligations, repurchased 28 million shares of its common stock. At September 30, 2023, the Corporation had reserved 496 million unissued shares of common stock for future issuances under employee stock plans, convertible notes and preferred stock. On October 18, 2023, the Board of Directors declared a quarterly common stock dividend of $0.24 per share. Preferred Stock During the three months ended September 30, 2023, June 30, 2023 and March 31, 2023, the Corporation declared $531 million, $306 million and $505 million of cash dividends on preferred stock, or a total of $1.3 billion for the nine months ended September 30, 2023. For more information on the Corporation’s preferred stock, including liquidation preference, dividend requirements and redemption period, see Note 13 – Shareholders’ Equity to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The table below presents the changes in accumulated OCI after-tax for the nine months ended September 30, 2023 and 2022. (Dollars in millions) Debt Securities Debit Valuation Adjustments Derivatives Employee Benefit Plans Foreign Currency Total Balance, December 31, 2021 $ 3,045 $ (1,636) $ (1,880) $ (3,642) $ (991) $ (5,104) Net change (6,381) 1,298 (10,890) 97 (47) (15,923) Balance, September 30, 2022 $ (3,336) $ (338) $ (12,770) $ (3,545) $ (1,038) $ (21,027) Balance, December 31, 2022 $ (2,983) $ (881) $ (11,935) $ (4,309) $ (1,048) $ (21,156) Net change 81 (419) (317) 25 (6) (636) Balance, September 30, 2023 $ (2,902) $ (1,300) $ (12,252) $ (4,284) $ (1,054) $ (21,792) The table below presents the net change in fair value recorded in accumulated OCI, net realized gains and losses reclassified into earnings and other changes for each component of OCI pre- and after-tax for the nine months ended September 30, 2023 and 2022. Pretax Tax After- Pretax Tax After- Nine Months Ended September 30 (Dollars in millions) 2023 2022 Debt securities: Net increase (decrease) in fair value $ (306) $ 84 $ (222) $ (8,417) $ 2,064 $ (6,353) Net realized (gains) losses reclassified into earnings (1) 404 (101) 303 (37) 9 (28) Net change 98 (17) 81 (8,454) 2,073 (6,381) Debit valuation adjustments: Net increase (decrease) in fair value (560) 136 (424) 1,698 (411) 1,287 Net realized (gains) losses reclassified into earnings (1) 7 (2) 5 14 (3) 11 Net change (553) 134 (419) 1,712 (414) 1,298 Derivatives: Net increase (decrease) in fair value (1,027) 261 (766) (14,681) 3,673 (11,008) Reclassifications into earnings: Net interest income 616 (153) 463 182 (46) 136 Compensation and benefits expense (18) 4 (14) (24) 6 (18) Net realized (gains) losses reclassified into earnings 598 (149) 449 158 (40) 118 Net change (429) 112 (317) (14,523) 3,633 (10,890) Employee benefit plans: Net actuarial losses and other reclassified into earnings (2) 36 (11) 25 135 (38) 97 Net change 36 (11) 25 135 (38) 97 Foreign currency: Net increase (decrease) in fair value 80 (75) 5 726 (774) (48) Net realized (gains) losses reclassified into earnings (1) (44) 33 (11) — 1 1 Net change 36 (42) (6) 726 (773) (47) Total other comprehensive income (loss) $ (812) $ 176 $ (636) $ (20,404) $ 4,481 $ (15,923) (1) Reclassifications of pretax debt securities, DVA and foreign currency (gains) losses are recorded in other income in the Consolidated Statement of Income. (2) Reclassifications of pretax employee benefit plan costs are recorded in other general operating expense in the Consolidated Statement of Income.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share The calculation of earnings per common share (EPS) and diluted EPS for the three and nine months ended September 30, 2023 and 2022 is presented below. For more information on the calculation of EPS, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Three Months Ended Nine Months Ended (In millions, except per share information) 2023 2022 2023 2022 Earnings per common share Net income $ 7,802 $ 7,082 $ 23,371 $ 20,396 Preferred stock dividends (532) (503) (1,343) (1,285) Net income applicable to common shareholders $ 7,270 $ 6,579 $ 22,028 $ 19,111 Average common shares issued and outstanding 8,017.1 8,107.7 8,041.3 8,122.2 Earnings per common share $ 0.91 $ 0.81 $ 2.74 $ 2.35 Diluted earnings per common share Net income applicable to common shareholders $ 7,270 $ 6,579 $ 22,028 $ 19,111 Add preferred stock dividends due to assumed conversions — — 167 — Net income allocated to common shareholders $ 7,270 $ 6,579 $ 22,195 $ 19,111 Average common shares issued and outstanding 8,017.1 8,107.7 8,041.3 8,122.2 Dilutive potential common shares (1) 58.8 53.1 112.1 51.1 Total diluted average common shares issued and outstanding 8,075.9 8,160.8 8,153.4 8,173.3 Diluted earnings per common share $ 0.90 $ 0.81 $ 2.72 $ 2.34 (1) Includes incremental dilutive shares from preferred stock, restricted stock units, restricted stock and warrants.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value MeasurementsUnder applicable accounting standards, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Corporation determines the fair values of its financial instruments under applicable accounting standards and conducts a review of fair value hierarchy classifications on a quarterly basis. Transfers into or out of fair value hierarchy classifications are made if the significant inputs used in the financial models measuring the fair values of the assets and liabilities become unobservable or observable in the current marketplace. During the nine months ended September 30, 2023, there were no changes to valuation approaches or techniques that had, or are expected to have, a material impact on the Corporation’s consolidated financial position or results of operations. For more information regarding the fair value hierarchy, how the Corporation measures fair value and valuation techniques, see Note 1 – Summary of Significant Accounting Principles and Note 20 – Fair Value Measurements to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The Corporation accounts for certain financial instruments under the fair value option. For more information, see Note 15 – Fair Value Option . Recurring Fair Value Assets and liabilities carried at fair value on a recurring basis at September 30, 2023 and December 31, 2022, including financial instruments that the Corporation accounts for under the fair value option, are summarized in the following tables. September 30, 2023 Fair Value Measurements (Dollars in millions) Level 1 Level 2 Level 3 Netting Adjustments (1) Assets/Liabilities at Fair Value Assets Time deposits placed and other short-term investments $ 1,129 $ — $ — $ — $ 1,129 Federal funds sold and securities borrowed or purchased under agreements to resell — 414,435 — (244,103) 170,332 Trading account assets: U.S. Treasury and government agencies 67,333 221 — — 67,554 Corporate securities, trading loans and other — 44,553 2,156 — 46,709 Equity securities 65,627 39,093 178 — 104,898 Non-U.S. sovereign debt 11,043 26,496 366 — 37,905 Mortgage trading loans, MBS and ABS: U.S. government-sponsored agency guaranteed — 38,520 9 — 38,529 Mortgage trading loans, ABS and other MBS — 9,614 1,200 — 10,814 Total trading account assets (2) 144,003 158,497 3,909 — 306,409 Derivative assets 15,908 365,554 4,620 (338,618) 47,464 AFS debt securities: U.S. Treasury and government agencies 102,738 898 — — 103,636 Mortgage-backed securities: Agency — 20,504 — — 20,504 Agency-collateralized mortgage obligations — 1,698 — — 1,698 Non-agency residential — 109 278 — 387 Commercial — 6,741 — — 6,741 Non-U.S. securities 67 18,699 106 — 18,872 Other taxable securities — 3,179 — — 3,179 Tax-exempt securities — 10,542 51 — 10,593 Total AFS debt securities 102,805 62,370 435 — 165,610 Other debt securities carried at fair value: U.S. Treasury and government agencies 1,058 — — — 1,058 Non-agency residential MBS — 213 70 — 283 Non-U.S. and other securities 1,862 6,727 — — 8,589 Total other debt securities carried at fair value 2,920 6,940 70 — 9,930 Loans and leases — 4,143 107 — 4,250 Loans held-for-sale — 1,436 171 — 1,607 Other assets (3) 5,609 1,723 1,726 — 9,058 Total assets (4) $ 272,374 $ 1,015,098 $ 11,038 $ (582,721) $ 715,789 Liabilities Interest-bearing deposits in U.S. offices $ — $ 404 $ — $ — $ 404 Federal funds purchased and securities loaned or sold under agreements to repurchase — 453,940 — (244,103) 209,837 Trading account liabilities: U.S. Treasury and government agencies 20,799 2 — — 20,801 Equity securities 47,649 5,590 12 — 53,251 Non-U.S. sovereign debt 12,614 8,568 — — 21,182 Corporate securities and other — 7,514 72 — 7,586 Total trading account liabilities 81,062 21,674 84 — 102,820 Derivative liabilities 15,822 355,436 9,080 (339,483) 40,855 Short-term borrowings — 4,035 11 — 4,046 Accrued expenses and other liabilities 6,991 3,015 5 — 10,011 Long-term debt — 38,803 640 — 39,443 Total liabilities (4) $ 103,875 $ 877,307 $ 9,820 $ (583,586) $ 407,416 (1) Amounts represent the impact of legally enforceable master netting agreements and also cash collateral held or placed with the same counterparties. (2) Includes securities with a fair value of $25.3 billion that were segregated in compliance with securities regulations or deposited with clearing organizations. This amount is included in the parenthetical disclosure on the Consolidated Balance Sheet. Trading account assets also includes certain commodities inventory of $340 million that is accounted for at the lower of cost or net realizable value, which is the current selling price less any costs to sell. (3) Includes MSRs, which are classified as Level 3 assets, of $1.0 billion. (4) Total recurring Level 3 assets were 0.35 percent of total consolidated assets, and total recurring Level 3 liabilities were 0.34 percent of total consolidated liabilities. December 31, 2022 Fair Value Measurements (Dollars in millions) Level 1 Level 2 Level 3 Netting Adjustments (1) Assets/Liabilities at Fair Value Assets Time deposits placed and other short-term investments $ 868 $ — $ — $ — $ 868 Federal funds sold and securities borrowed or purchased under agreements to resell (2) — 146,999 — — 146,999 Trading account assets: U.S. Treasury and government agencies 58,894 212 — — 59,106 Corporate securities, trading loans and other — 46,897 2,384 — 49,281 Equity securities 77,868 35,065 145 — 113,078 Non-U.S. sovereign debt 7,392 26,306 518 — 34,216 Mortgage trading loans, MBS and ABS: U.S. government-sponsored agency guaranteed — 28,563 34 — 28,597 Mortgage trading loans, ABS and other MBS — 10,312 1,518 — 11,830 Total trading account assets (3) 144,154 147,355 4,599 — 296,108 Derivative assets 14,775 380,380 3,213 (349,726) 48,642 AFS debt securities: U.S. Treasury and government agencies 158,102 920 — — 159,022 Mortgage-backed securities: Agency — 23,442 — — 23,442 Agency-collateralized mortgage obligations — 2,221 — — 2,221 Non-agency residential — 128 258 — 386 Commercial — 6,407 — — 6,407 Non-U.S. securities — 13,212 195 — 13,407 Other taxable securities — 4,645 — — 4,645 Tax-exempt securities — 11,207 51 — 11,258 Total AFS debt securities 158,102 62,182 504 — 220,788 Other debt securities carried at fair value: U.S. Treasury and government agencies 561 — — — 561 Non-agency residential MBS — 248 119 — 367 Non-U.S. and other securities 3,027 5,251 — — 8,278 Total other debt securities carried at fair value 3,588 5,499 119 — 9,206 Loans and leases — 5,518 253 — 5,771 Loans held-for-sale — 883 232 — 1,115 Other assets (4) 6,898 897 1,799 — 9,594 Total assets (5) $ 328,385 $ 749,713 $ 10,719 $ (349,726) $ 739,091 Liabilities Interest-bearing deposits in U.S. offices $ — $ 311 $ — $ — $ 311 Federal funds purchased and securities loaned or sold under agreements to repurchase (2) — 151,708 — — 151,708 Trading account liabilities: U.S. Treasury and government agencies 13,906 181 — — 14,087 Equity securities 36,937 4,825 — — 41,762 Non-U.S. sovereign debt 9,636 8,228 — — 17,864 Corporate securities and other — 6,628 58 — 6,686 Total trading account liabilities 60,479 19,862 58 — 80,399 Derivative liabilities 15,431 376,979 6,106 (353,700) 44,816 Short-term borrowings — 818 14 — 832 Accrued expenses and other liabilities 7,458 2,262 32 — 9,752 Long-term debt — 32,208 862 — 33,070 Total liabilities (5) $ 83,368 $ 584,148 $ 7,072 $ (353,700) $ 320,888 (1) Amounts represent the impact of legally enforceable derivative master netting agreements and also cash collateral held or placed with the same counterparties. (2) Amounts have been netted by $221.7 billion to reflect the application of legally enforceable master netting agreements. (3) Includes securities with a fair value of $16.6 billion that were segregated in compliance with securities regulations or deposited with clearing organizations. This amount is included in the parenthetical disclosure on the Consolidated Balance Sheet. Trading account assets also includes certain commodities inventory of $40 million that is accounted for at the lower of cost or net realizable value, which is the current selling price less any costs to sell. (4) Includes MSRs, which are classified as Level 3 assets, of $1.0 billion. (5) Total recurring Level 3 assets were 0.35 percent of total consolidated assets, and total recurring Level 3 liabilities were 0.25 percent of total consolidated liabilities. The following tables present a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three and nine months ended September 30, 2023 and 2022, including net realized and unrealized gains (losses) included in earnings and accumulated OCI. Transfers into Level 3 occur primarily due to decreased price observability, and transfers out of Level 3 occur primarily due to increased price observability. Transfers occur on a regular basis for long-term debt instruments due to changes in the impact of unobservable inputs on the value of the embedded derivative in relation to the instrument as a whole. Level 3 – Fair Value Measurements (1) Balance July 1 Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance September 30 Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Three Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ 7 $ — $ — $ — $ — $ — $ — $ — $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,100 53 (1) 112 (17) — (149) 137 (79) 2,156 16 Equity securities 159 45 — 4 (3) — (47) 51 (31) 178 (3) Non-U.S. sovereign debt 568 16 (14) 2 (3) — (203) — — 366 16 Mortgage trading loans, MBS and ABS 1,233 (10) — 40 (101) — (8) 90 (35) 1,209 (12) Total trading account assets 4,060 104 (15) 158 (124) — (407) 278 (145) 3,909 17 Net derivative assets (liabilities) (4) (4,997) 1,445 (235) 613 (395) — (577) (315) 1 (4,460) 1,369 AFS debt securities: Non-agency residential MBS 288 (2) (6) — — — (2) — — 278 (2) Non-U.S. and other taxable securities 184 4 — — — — (86) 4 — 106 2 Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 523 2 (6) — — — (88) 4 — 435 — Other debt securities carried at fair value – Non-agency residential MBS 88 (3) — — — — (1) — (14) 70 (3) Loans and leases (5) 147 11 — — — — (29) — (22) 107 11 Loans held-for-sale (5) 188 (2) (2) — (4) — (9) — — 171 (4) Other assets (6,7) 1,809 115 (8) 168 (303) 27 (82) — — 1,726 83 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (49) 5 — (1) — — — (27) — (72) (1) Short-term borrowings (5) (11) (1) — — — (6) 7 — — (11) (1) Accrued expenses and other liabilities (5) (14) 8 — — — — — — 1 (5) 8 Long-term debt (5) (664) 3 1 — (4) — 24 — — (640) 3 Three Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,367 $ (28) $ (1) $ 176 $ (144) $ — $ (300) $ 329 $ (50) $ 2,349 $ (30) Equity securities 179 (5) — 13 (7) — — 3 (12) 171 (5) Non-U.S. sovereign debt 470 39 (12) 11 (2) — (18) 2 (5) 485 39 Mortgage trading loans, MBS and ABS 1,386 (57) — 166 (72) — (6) 113 (67) 1,463 (47) Total trading account assets 4,402 (51) (13) 366 (225) — (324) 447 (134) 4,468 (43) Net derivative assets (liabilities) (4) (1,682) (266) — 97 (238) — 49 (62) (115) (2,217) (293) AFS debt securities: Non-agency residential MBS 299 (1) (11) — — — (8) — (13) 266 (1) Non-U.S. and other taxable securities 200 2 (3) — — — (5) 224 (1) 417 (2) Tax-exempt securities 52 — — — — — — — — 52 — Total AFS debt securities 551 1 (14) — — — (13) 224 (14) 735 (3) Other debt securities carried at fair value – Non-agency residential MBS 112 (2) — — — — (4) — (6) 100 (2) Loans and leases (5) 256 (1) — — — — (58) — — 197 (2) Loans held-for-sale (5) 345 (27) (2) — — — (44) — — 272 (27) Other assets (6,7) 1,750 70 (20) — (2) 78 (68) — (3) 1,805 61 Trading account liabilities – Corporate securities and other (14) 1 — — — — — — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) (63) 7 — (7) — — — — — (63) 7 Long-term debt (5) (812) 26 (12) — — — 18 (13) — (793) 26 (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized losses of $245 million and $60 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time. Level 3 – Fair Value Measurements (1) Balance Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Nine Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ — $ — $ — $ — $ — $ — $ — $ 7 $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,384 114 1 336 (172) 14 (601) 331 (251) 2,156 38 Equity securities 145 39 — 20 (47) — (59) 134 (54) 178 (10) Non-U.S. sovereign debt 518 54 22 38 (9) — (257) — — 366 56 Mortgage trading loans, MBS and ABS 1,552 (38) — 144 (303) — (229) 332 (249) 1,209 (50) Total trading account assets 4,599 169 23 538 (531) 14 (1,146) 797 (554) 3,909 34 Net derivative assets (liabilities) (4) (2,893) (116) (375) 1,142 (994) — (1,372) (154) 302 (4,460) (1,794) AFS debt securities: Non-agency residential MBS 258 1 26 — — — (7) — — 278 1 Non-U.S. and other taxable securities 195 8 7 — — — (101) 4 (7) 106 — Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 504 9 33 — — — (108) 4 (7) 435 1 Other debt securities carried at fair value – Non-agency residential MBS 119 (4) — — (19) — (5) — (21) 70 (3) Loans and leases (5,6) 253 — — 9 (50) — (99) 16 (22) 107 (5) Loans held-for-sale (5,6) 232 20 2 — (25) — (58) — — 171 10 Other assets (6,7) 1,799 223 (1) 174 (302) 71 (240) 2 — 1,726 119 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (58) 1 — (2) (2) (1) 2 (33) 21 (72) (2) Short-term borrowings (5) (14) 2 — — (13) (8) 22 — — (11) — Accrued expenses and other liabilities (5) (32) 38 — (12) — — — — 1 (5) 21 Long-term debt (5) (862) 154 (20) (9) 49 — 41 — 7 (640) 158 Nine Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,110 $ (97) $ (2) $ 943 $ (342) $ — $ (417) $ 849 $ (695) $ 2,349 $ (141) Equity securities 190 2 — 41 (22) — (4) 29 (65) 171 (20) Non-U.S. sovereign debt 396 58 8 18 (4) — (33) 52 (10) 485 55 Mortgage trading loans, MBS and ABS 1,527 (235) — 373 (389) — (100) 429 (142) 1,463 (124) Total trading account assets 4,223 (272) 6 1,375 (757) — (554) 1,359 (912) 4,468 (230) Net derivative assets (liabilities) (4) (2,662) 1,076 — 222 (589) — 393 (241) (416) (2,217) 701 AFS debt securities: Non-agency residential MBS 316 1 (33) — (8) — (71) 74 (13) 266 1 Non-U.S. and other taxable securities 71 5 (12) 126 — — (14) 311 (70) 417 1 Tax-exempt securities 52 — — — — — — — — 52 (1) Total AFS debt securities 439 6 (45) 126 (8) — (85) 385 (83) 735 1 Other debt securities carried at fair value – Non-agency residential MBS 242 (42) — — — — (77) — (23) 100 (7) Loans and leases (5,6) 748 (42) — — (154) — (106) — (249) 197 (20) Loans held-for-sale (5,6) 317 (3) 3 170 (6) — (217) 8 — 272 (11) Other assets (6,7) 1,572 296 (25) — (1) 163 (201) 4 (3) 1,805 152 Trading account liabilities – Corporate securities and other (11) — — — — — (2) — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) — (56) — (7) — — — — — (63) (33) Long-term debt (5) (1,075) (96) 67 — 14 (1) 35 (19) 282 (793) (102) (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income primarily related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - market making and similar activities and other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized gains (losses) of $(332) million and $2 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time. The following tables present information about significant unobservable inputs related to the Corporation’s material categories of Level 3 financial assets and liabilities at September 30, 2023 and December 31, 2022. Quantitative Information about Level 3 Fair Value Measurements at September 30, 2023 (Dollars in millions) Inputs Financial Instrument Fair Valuation Significant Unobservable Ranges of Weighted Average (1) Loans and Securities (2) Instruments backed by residential real estate assets $ 579 Discounted cash flow, Market comparables Yield 0% to 20% 9 % Trading account assets – Mortgage trading loans, MBS and ABS 129 Prepayment speed 0% to 41% CPR 10% CPR Loans and leases 102 Default rate 0% to 3% CDR 1% CDR AFS debt securities – Non-agency residential 278 Price $0 to $115 $72 Other debt securities carried at fair value – Non-agency residential 70 Loss severity 0% to 100% 29 % Instruments backed by commercial real estate assets $ 377 Discounted cash Yield 0% to 25% 12 % Trading account assets – Corporate securities, trading loans and other 294 Price $0 to $100 $75 Trading account assets – Mortgage trading loans, MBS and ABS 83 Commercial loans, debt securities and other $ 3,558 Discounted cash flow, Market comparables Yield 5% to 51% 13 % Trading account assets – Corporate securities, trading loans and other 1,862 Prepayment speed 10% to 20% 16 % Trading account assets – Non-U.S. sovereign debt 366 Default rate 3% to 4% 4 % Trading account assets – Mortgage trading loans, MBS and ABS 997 Loss severity 35% to 40% 37 % AFS debt securities – Tax-exempt securities 51 Price $0 to $157 $73 AFS debt securities – Non-U.S. and other taxable securities 106 Loans and leases 5 Loans held-for-sale 171 Other assets, primarily auction rate securities $ 680 Discounted cash flow, Market comparables Price $10 to $95 $85 Discount rate 11 % n/a MSRs $ 1,046 Discounted cash Weighted-average life, fixed rate (5) 0 to 14 years 6 years Weighted-average life, variable rate (5) 0 to 12 years 3 years Option-adjusted spread, fixed rate 7% to 14% 9 % Option-adjusted spread, variable rate 9% to 15% 12 % Structured liabilities Long-term debt $ (640) Discounted cash flow, Market comparables, Industry standard derivative pricing (3) Yield 51% n/a Equity correlation 1% to 97% 89 % Price $0 to $100 $90 Natural gas forward price $2/MMBtu to $8/MMBtu $4 /MMBtu Net derivative assets (liabilities) Credit derivatives $ 9 Discounted cash flow, Stochastic recovery correlation model Credit spreads 3 to 81 bps 64 bps Prepayment speed 15% CPR n/a Default rate 2% CDR n/a Credit correlation 21% to 59% 52 % Price $0 to $92 $85 Equity derivatives $ (635) Industry standard derivative pricing (3) Equity correlation 0% to 99% 67 % Long-dated equity volatilities 2% to 94% 36 % Commodity derivatives $ (545) Discounted cash flow, Industry standard derivative pricing (3) Natural gas forward price $2/MMBtu to $8/MMBtu $4 /MMBtu Power forward price $20 to $92 $42 Interest rate derivatives $ (3,289) Industry standard derivative pricing (4) Correlation (IR/IR) (35)% to 89% 66 % Correlation (FX/IR) 11% to 58% 37 % Long-dated inflation rates (1)% to 12% 0 % Long-dated inflation volatilities 0% to 5% 1 % Interest rate volatilities 0% to 2% 1 % Total net derivative assets (liabilities) $ (4,460) (1) For loans and securities, structured liabilities and net derivative assets (liabilities), the weighted average is calculated based upon the absolute fair value of the instruments. (2) The categories are aggregated based upon product type, which differs from financial statement classification. The following is a reconciliation to the line items in the table on page 92: Trading account assets – Corporate securities, trading loans and other of $2.2 billion, Trading account assets – Non-U.S. sovereign debt of $366 million, Trading account assets – Mortgage trading loans, MBS and ABS of $1.2 billion, AFS debt securities of $435 million, Other debt securities carried at fair value - Non-agency residential of $70 million, Other assets, including MSRs, of $1.7 billion, Loans and leases of $107 million and LHFS of $171 million. (3) Includes models such as Monte Carlo simulation and Black-Scholes. (4) Includes models such as Monte Carlo simulation, Black-Scholes and other methods that model the joint dynamics of interest, inflation and foreign exchange rates. (5) The weighted-average life is a product of changes in market rates of interest, prepayment rates and other model and cash flow assumptions. CPR = Constant Prepayment Rate CDR = Constant Default Rate MMBtu = Million British thermal units IR = Interest Rate FX = Foreign Exchange n/a = not applicable Quantitative Information about Level 3 Fair Value Measurements at December 31, 2022 (Dollars in millions) Inputs Financial Instrument Fair Valuation Significant Unobservable Ranges of Weighted Average (1) Loans and Securities (2) Instruments backed by residential real estate assets $ 852 Discounted cash Yield 0% to 25% 10 % Trading account assets – Mortgage trading loans, MBS and ABS 338 Prepayment speed 0% to 29% CPR 12% CPR Loans and leases 137 Default rate 0% to 3% CDR 1% CDR AFS debt securities - Non-agency residential 258 Price $0 to $111 $26 Other debt securities carried at fair value - Non-agency residential 119 Loss severity 0% to 100% 24 % Instruments backed by commercial real estate assets $ 362 Discounted cash Yield 0% to 25% 10 % Trading account assets – Corporate securities, trading loans and other 292 Price $0 to $100 $75 Trading account assets – Mortgage trading loans, MBS and ABS 66 Loans held-for-sale 4 Commercial loans, debt securities and other $ 4,348 Discounted cash flow, Market comparables Yield 5% to 43% 15 % Trading account assets – Corporate securities, trading loans and other 2,092 Prepayment speed 10% to 20% 15 % Trading account assets – Non-U.S. sovereign debt 518 Default rate 3% to 4% 4 % Trading account assets – Mortgage trading loans, MBS and ABS 1,148 Loss severity 35% to 40% 38 % AFS debt securities – Tax-exempt securities 51 Price $0 to $157 $75 AFS debt securities – Non-U.S. and other taxable securities 195 Loans and leases 116 Loans held-for-sale 228 Other assets, primarily auction rate securities $ 779 Discounted cash flow, Market comparables Price $10 to $97 $94 Discount rate 11% n/a MSRs $ 1,020 Discounted cash Weighted-average life, fixed rate (5) 0 to 14 years 6 years Weighted-average life, variable rate (5) 0 to 12 years 4 years Option-adjusted spread, fixed rate 7% to 14% 9 % Option-adjusted spread, variable rate 9% to 15% 12 % Structured liabilities Long-term debt $ (862) Discounted cash flow, Market comparables, Industry standard derivative pricing (3) Yield 22% to 43% 23 % Equity correlation 0% to 95% 69 % Price $0 to $119 $90 Natural gas forward price $3/MMBtu to $13/MMBtu $9/MMBtu Net derivative assets (liabilities) Credit derivatives $ (44) Discounted cash flow, Stochastic recovery correlation model Credit spreads 3 to 63 bps 22 bps Upfront points 0 to 100 points 83 points Prepayment speed 15% CPR n/a Default rate 2% CDR n/a Credit correlation 18% to 53% 44 % Price $0 to $151 $63 Equity derivatives $ (1,534) Industry standard derivative pricing (3) Equity correlation 0% to 100% 73 % Long-dated equity volatilities 4% to 101% 44 % Commodity derivatives $ (291) Discounted cash flow, Industry standard derivative pricing (3) Natural gas forward price $3/MMBtu to $13/MMBtu $8/MMBtu Power forward price $9 to $123 $43 Interest rate derivatives $ (1,024) Industry standard derivative pricing (4) Correlation (IR/IR) (35)% to 89% 67 % Correlation (FX/IR) 11% to 58% 43 % Long-dated inflation rates G 0% to 39% 1 % Long-dated inflation volatilities 0% to 5% 2 % Interest rates volatilities 0% to 2% 1 % Total net derivative assets (liabilities) $ (2,893) (1) For loans and securities, structured liabilities and net derivative assets (liabilities), the weighted average is calculated based upon the absolute fair value of the instruments. (2) The categories are aggregated based upon product type, which differs from financial statement classification. The following is a reconciliation to the line items in the table on page 93: Trading account assets – Corporate securities, trading loans and other of $2.4 billion, Trading account assets – Non-U.S. sovereign debt of $518 million, Trading account assets – Mortgage trading loans, MBS and ABS of $1.6 billion, AFS debt securities of $504 million, Other debt securities carried at fair value - Non-agency residential of $119 million, Other assets, including MSRs, of $1.8 billion, Loans and leases of $253 million and LHFS of $232 million. (3) Includes models such as Monte Carlo simulation and Black-Scholes. (4) Includes models such as Monte Carlo simulation, Black-Scholes and other methods that model the joint dynamics of interest, inflation and foreign exchange rates. (5) The weighted-average life is a product of changes in market rates of interest, prepayment rates and other model and cash flow assumptions. CPR = Constant Prepayment Rate CDR = Constant Default Rate MMBtu = Million British thermal units IR = Interest Rate FX = Foreign Exchange n/a = not applicable Uncertainty of Fair Value Measurements from Unobservable Inputs For information on the types of instruments, valuation approaches and the impact of changes in unobservable inputs used in Level 3 measurements, see Note 20 – Fair Value Measurements to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Nonrecurring Fair Value The Corporation holds certain assets that are measured at fair value only in certain situations (e.g., the impairment of an asset), and these measurements are referred to herein as nonrecurring. The amounts below represent assets still held as of the reporting date for which a nonrecurring fair value adjustment was recorded during the three and nine months ended September 30, 2023 and 2022. Assets Measured at Fair Value on a Nonrecurring Basis September 30, 2023 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (Dollars in millions) Level 2 Level 3 Gains (Losses) Assets Loans held-for-sale $ 276 $ 3,066 $ (28) $ (95) Loans and leases (1) — 129 (15) (36) Foreclosed properties (2, 3) — 44 1 (2) Other assets 31 905 (182) (189) September 30, 2022 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Assets Loans held-for-sale $ 1,752 $ 398 $ 119 $ 87 Loans and leases (1) — 152 (13) (44) Foreclosed properties (2, 3) — 6 (2) (3) Other assets 80 48 — (40) (1) Includes $4 million and $8 million of losses on loans that were written down to a collateral value of zero during the three and nine months ended September 30, 2023 compared to losses of $6 million and $17 million for the same periods in 2022. (2) Amounts are included in other assets on the Consolidated Balance Sheet and represent the carrying value of foreclosed properties that were written down subsequent to their initial classification as foreclosed properties. Losses on foreclosed properties include losses recorded during the first 90 days after transfer of a loan to foreclosed properties. (3) Excludes $33 million and $75 million of properties acquired upon foreclosure of certain government-guaranteed loans (principally FHA-insured loans) at September 30, 2023 and 2022. The table below presents information about significant unobservable inputs utilized in the Corporation's nonrecurring Level 3 fair value measurements during the nine months ended September 30, 2023 and the year ended December 31, 2022. Quantitative Information about Nonrecurring Level 3 Fair Value Measurements Inputs Financial Instrument Fair Value Valuation Significant Unobservable Ranges of Weighted Average (1) (Dollars in millions) Nine Months Ended September 30, 2023 Loans held-for-sale $ 3,066 Pricing model Implied yield 12% to 26% n/a Loans and leases (2) 129 Market comparables OREO discount 10% to 66% 26 % Costs to sell 8% to 24% 9 % Other assets (3) 905 Discounted cash flow Discount rate 7 % n/a Year Ended December 31, 2022 Loans held-for-sale $ 3,079 Pricing model Implied yield 9% to 24% n/a Loans and leases (2) 166 Market comparables OREO discount 10% to 66% 26 % Costs to sell 8% to 24% 9 % Other assets (3) 165 Discounted cash flow Discount rate 7 % n/a (1) The weighted average is calculated based upon the fair value of the loans. (2) Represents residential mortgages where the loan has been written down to the fair value of the underlying collateral. (3) Represents the fair value of certain impaired renewable energy investments. n/a = not applicable

Fair Value Option

Fair Value Option	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Option	Fair Value Option The Corporation elects to account for certain financial instruments under the fair value option. For more information on the primary financial instruments for which the fair value option elections have been made, see Note 21 – Fair Value Option to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The following tables provide information about the fair value carrying amount and the Fair Value Option Elections September 30, 2023 December 31, 2022 (Dollars in millions) Fair Value Contractual Fair Value Fair Value Contractual Fair Value Federal funds sold and securities borrowed or purchased under agreements to resell $ 170,332 $ 170,323 $ 9 $ 146,999 $ 147,158 $ (159) Loans reported as trading account assets (1) 8,562 15,975 (7,413) 10,143 17,682 (7,539) Trading inventory – other 22,967 n/a n/a 20,770 n/a n/a Consumer and commercial loans 4,250 4,317 (67) 5,771 5,897 (126) Loans held-for-sale (1) 1,607 2,365 (758) 1,115 1,873 (758) Other assets 1,271 n/a n/a 620 n/a n/a Long-term deposits 404 488 (84) 311 381 (70) Federal funds purchased and securities loaned or sold under agreements to repurchase 209,837 209,914 (77) 151,708 151,885 (177) Short-term borrowings 4,046 4,065 (19) 832 833 (1) Unfunded loan commitments 62 n/a n/a 110 n/a n/a Accrued expenses and other liabilities 1,645 1,894 (249) 1,217 1,161 56 Long-term debt 39,443 45,504 (6,061) 33,070 36,830 (3,760) (1) A significant portion of the loans reported as trading account assets and LHFS are distressed loans that were purchased at a deep discount to par, and the remainder are loans with a fair value near contractual principal outstanding. n/a = not applicable Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option Three Months Ended September 30 2023 2022 (Dollars in millions) Market making Other Total Market making Other Total Loans reported as trading account assets $ 58 $ — $ 58 $ (62) $ — $ (62) Trading inventory – other (1) (900) — (900) (2,141) — (2,141) Consumer and commercial loans (50) 15 (35) (16) 25 9 Loans held-for-sale (2) — (38) (38) — (86) (86) Short-term borrowings (1) — (1) 81 — 81 Unfunded loan commitments (1) 7 6 — 27 27 Accrued expenses and other liabilities 197 — 197 — — — Long-term debt (3) 863 (4) 859 1,562 (16) 1,546 Other (4) 38 (1) 37 12 (1) 11 Total $ 204 $ (21) $ 183 $ (564) $ (51) $ (615) Nine Months Ended September 30 2023 2022 Loans reported as trading account assets $ 208 $ — $ 208 $ (211) $ — $ (211) Trading inventory – other (1) 2,065 — 2,065 (4,269) — (4,269) Consumer and commercial loans (189) 56 (133) (86) (53) (139) Loans held-for-sale (2) — (22) (22) — (308) (308) Short-term borrowings 10 — 10 643 — 643 Unfunded loan commitments (1) 27 26 — (61) (61) Accrued expenses and other liabilities 246 — 246 — — — Long-term debt (3) 361 (27) 334 5,049 (36) 5,013 Other (4) 73 (12) 61 6 23 29 Total $ 2,773 $ 22 $ 2,795 $ 1,132 $ (435) $ 697 (1) The gains (losses) in market making and similar activities are primarily offset by (losses) gains on trading liabilities that hedge these assets. (2) Includes the value of IRLCs on funded loans, including those sold during the period. (3) The net gains (losses) in market making and similar activities relate to the embedded derivatives in structured liabilities and are typically offset by (losses) gains on derivatives and securities that hedge these liabilities. For the cumulative impact of changes in the Corporation’s own credit spreads and the amount recognized in accumulated OCI, see Note 12 – Accumulated Other Comprehensive Income (Loss) . For more information on how the Corporation’s own credit spread is determined, see Note 20 – Fair Value Measurements to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . (4) Includes gains (losses) on federal funds sold and securities borrowed or purchased under agreements to resell, other assets, long-term deposits, and federal funds purchased and securities loaned or sold under agreements to repurchase. Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Loans reported as trading account assets $ 19 $ (123) $ 55 $ (434) Consumer and commercial loans 5 19 41 (72) Loans held-for-sale (17) (3) (17) (14) Unfunded loan commitments 7 27 27 (61)

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The following disclosures include financial instruments that are not carried at fair value or only a portion of the ending balance is carried at fair value on the Consolidated Balance Sheet. Certain loans, deposits, long-term debt, unfunded lending commitments and other financial instruments are accounted for under the fair value option. For more information, see Note 21 – Fair Value Option to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Fair Value of Financial Instruments The carrying values and fair values by fair value hierarchy of certain financial instruments where only a portion of the ending balance was carried at fair value at September 30, 2023 and December 31, 2022 are presented in the following table. Fair Value of Financial Instruments Fair Value Carrying Value Level 2 Level 3 Total (Dollars in millions) September 30, 2023 Financial assets Loans $ 1,016,900 $ 49,012 $ 937,250 $ 986,262 Loans held-for-sale 7,591 4,096 3,496 7,592 Financial liabilities Deposits (1) 1,884,601 1,885,172 — 1,885,172 Long-term debt 290,359 287,949 948 288,897 Commercial unfunded lending commitments (2) 1,416 57 3,852 3,909 December 31, 2022 Financial assets Loans $ 1,014,593 $ 50,194 $ 935,282 $ 985,476 Loans held-for-sale 6,871 3,417 3,455 6,872 Financial liabilities Deposits (1) 1,930,341 1,930,165 — 1,930,165 Long-term debt 275,982 271,993 1,136 273,129 Commercial unfunded lending commitments (2) 1,650 77 6,596 6,673 (1) Includes demand deposits of $887.7 billion and $918.9 billion with no stated maturities at September 30, 2023 and December 31, 2022. (2) The carrying value of commercial unfunded lending commitments is included in accrued expenses and other liabilities on the Consolidated Balance Sheet. The Corporation does not estimate the fair value of consumer unfunded lending commitments because, in many instances, the Corporation can reduce or cancel these commitments by providing notice to the borrower. For more information on commitments, see Note 10 – Commitments and Contingencies .

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The Corporation reports its results of operations through the following four business segments: Consumer Banking , Global Wealth & Investment Management, Global Banking and Global Markets , with the remaining operations recorded in All Other . For more information, see Note 23 – Business Segment Information to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. The following tables present net income and the components thereto (with net interest income on an FTE basis for the business segments, All Other and the total Corporation) for the three and nine months ended September 30, 2023 and 2022, and total assets at September 30, 2023 and 2022 for each business segment, as well as All Other. Results of Business Segments and All Other At and for the three months ended September 30 Total Corporation (1) Consumer Banking Global Wealth & Investment Management (Dollars in millions) 2023 2022 2023 2022 2023 2022 Net interest income $ 14,532 $ 13,871 $ 8,391 $ 7,784 $ 1,755 $ 1,981 Noninterest income 10,788 10,737 2,081 2,120 3,566 3,448 Total revenue, net of interest expense 25,320 24,608 10,472 9,904 5,321 5,429 Provision for credit losses 1,234 898 1,397 738 (6) 37 Noninterest expense 15,838 15,303 5,256 5,097 3,950 3,816 Income before income taxes 8,248 8,407 3,819 4,069 1,377 1,576 Income tax expense 446 1,325 955 997 344 386 Net income $ 7,802 $ 7,082 $ 2,864 $ 3,072 $ 1,033 $ 1,190 Period-end total assets $ 3,153,090 $ 3,072,953 $ 1,062,038 $ 1,149,918 $ 333,779 $ 370,790 Global Banking Global Markets All Other 2023 2022 2023 2022 2023 2022 Net interest income $ 3,613 $ 3,326 $ 674 $ 743 $ 99 $ 37 Noninterest income 2,590 2,265 4,268 3,740 (1,717) (836) Total revenue, net of interest expense 6,203 5,591 4,942 4,483 (1,618) (799) Provision for credit losses (119) 170 (14) 11 (24) (58) Noninterest expense 2,804 2,651 3,235 3,023 593 716 Income before income taxes 3,518 2,770 1,721 1,449 (2,187) (1,457) Income tax expense 950 734 473 384 (2,276) (1,176) Net income $ 2,568 $ 2,036 $ 1,248 $ 1,065 $ 89 $ (281) Period-end total assets $ 588,578 $ 575,442 $ 864,792 $ 848,752 $ 303,903 $ 128,051 (1) There were no material intersegment revenues. Results of Business Segments and All Other At and for the nine months ended September 30 Total Corporation (1) Consumer Banking Global Wealth & Investment Management (Dollars in millions) 2023 2022 2023 2022 2023 2022 Net interest income $ 43,407 $ 38,096 $ 25,421 $ 21,551 $ 5,436 $ 5,451 Noninterest income 33,637 32,637 6,281 6,302 10,442 10,887 Total revenue, net of interest expense 77,044 70,733 31,702 27,853 15,878 16,338 Provision for credit losses 3,290 1,451 3,753 1,036 32 29 Noninterest expense 48,114 45,895 16,182 14,977 11,942 11,706 Income before income taxes 25,640 23,387 11,767 11,840 3,904 4,603 Income tax expense 2,269 2,991 2,942 2,901 976 1,128 Net income $ 23,371 $ 20,396 $ 8,825 $ 8,939 $ 2,928 $ 3,475 Period-end total assets $ 3,153,090 $ 3,072,953 $ 1,062,038 $ 1,149,918 $ 333,779 $ 370,790 Global Banking Global Markets All Other 2023 2022 2023 2022 2023 2022 Net interest income $ 11,210 $ 8,304 $ 1,080 $ 2,717 $ 260 $ 73 Noninterest income 7,658 7,487 14,359 11,560 (5,103) (3,599) Total revenue, net of interest expense 18,868 15,791 15,439 14,277 (4,843) (3,526) Provision for credit losses (347) 492 (71) 24 (77) (130) Noninterest expense 8,563 8,133 9,935 9,249 1,492 1,830 Income before income taxes 10,652 7,166 5,575 5,004 (6,258) (5,226) Income tax expense 2,876 1,899 1,533 1,326 (6,058) (4,263) Net income $ 7,776 $ 5,267 $ 4,042 $ 3,678 $ (200) $ (963) Period-end total assets $ 588,578 $ 575,442 $ 864,792 $ 848,752 $ 303,903 $ 128,051 (1) There were no material intersegment revenues. The table below presents noninterest income and the associated components for the three and nine months ended September 30, 2023 and 2022 for each business segment, All Other and the total Corporation. For more information, see Note 2 – Net Interest Income and Noninterest Income . Noninterest Income by Business Segment and All Other Total Corporation Consumer Banking Global Wealth & Three Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 994 $ 1,060 $ 789 $ 834 $ (5) $ 4 Other card income 526 513 536 497 14 12 Total card income 1,520 1,573 1,325 1,331 9 16 Service charges Deposit-related fees 1,124 1,162 605 597 10 18 Lending-related fees 340 304 — — 10 — Total service charges 1,464 1,466 605 597 20 18 Investment and brokerage services Asset management fees 3,103 2,920 51 47 3,054 2,874 Brokerage fees 860 875 29 26 342 381 Total investment and brokerage services 3,963 3,795 80 73 3,396 3,255 Investment banking fees Underwriting income 531 452 — — 45 47 Syndication fees 209 283 — — — — Financial advisory services 448 432 — — — — Total investment banking fees 1,188 1,167 — — 45 47 Total fees and commissions 8,135 8,001 2,010 2,001 3,470 3,336 Market making and similar activities 3,325 3,068 5 3 34 30 Other income (loss) (672) (332) 66 116 62 82 Total noninterest income $ 10,788 $ 10,737 $ 2,081 $ 2,120 $ 3,566 $ 3,448 Global Banking Global Markets All Other (1) Three Months Ended September 30 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 194 $ 204 $ 16 $ 18 $ — $ — Other card income 3 2 — — (27) 2 Total card income 197 206 16 18 (27) 2 Service charges Deposit-related fees 490 524 19 24 — (1) Lending-related fees 264 247 66 57 — — Total service charges 754 771 85 81 — (1) Investment and brokerage services Asset management fees — — — — (2) (1) Brokerage fees 14 11 475 457 — — Total investment and brokerage services 14 11 475 457 (2) (1) Investment banking fees Underwriting income 230 181 318 260 (62) (36) Syndication fees 117 148 92 135 — — Financial advisory services 396 397 53 35 (1) — Total investment banking fees 743 726 463 430 (63) (36) Total fees and commissions 1,708 1,714 1,039 986 (92) (36) Market making and similar activities 21 52 3,195 2,874 70 109 Other income (loss) 861 499 34 (120) (1,695) (909) Total noninterest income $ 2,590 $ 2,265 $ 4,268 $ 3,740 $ (1,717) $ (836) (1) All Other includes eliminations of intercompany transactions. Noninterest Income by Business Segment and All Other Total Corporation Consumer Banking Global Wealth & Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 2,973 $ 3,067 $ 2,350 $ 2,430 $ (8) $ 15 Other card income 1,562 1,464 1,590 1,406 41 36 Total card income 4,535 4,531 3,940 3,836 33 51 Service charges Deposit-related fees 3,266 4,109 1,729 2,120 31 56 Lending-related fees 972 907 — — 26 — Total service charges 4,238 5,016 1,729 2,120 57 56 Investment and brokerage services Asset management fees 8,990 9,308 147 149 8,848 9,164 Brokerage fees 2,664 2,870 83 83 1,037 1,231 Total investment and brokerage services 11,654 12,178 230 232 9,885 10,395 Investment banking fees Underwriting income 1,757 1,559 — — 124 154 Syndication fees 620 896 — — — — Financial advisory services 1,186 1,297 — — — — Total investment banking fees 3,563 3,752 — — 124 154 Total fees and commissions 23,990 25,477 5,899 6,188 10,099 10,656 Market making and similar activities 11,734 9,023 15 5 100 66 Other income (loss) (2,087) (1,863) 367 109 243 165 Total noninterest income $ 33,637 $ 32,637 $ 6,281 $ 6,302 $ 10,442 $ 10,887 Global Banking Global Markets All Other (1) Nine Months Ended September 30 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 580 $ 573 $ 51 $ 49 $ — $ — Other card income 7 5 — — (76) 17 Total card income 587 578 51 49 (76) 17 Service charges Deposit-related fees 1,446 1,849 59 80 1 4 Lending-related fees 757 741 189 166 — — Total service charges 2,203 2,590 248 246 1 4 Investment and brokerage services Asset management fees — — — — (5) (5) Brokerage fees 37 36 1,507 1,520 — — Total investment and brokerage services 37 36 1,507 1,520 (5) (5) Investment banking fees Underwriting income 742 635 1,016 944 (125) (174) Syndication fees 345 466 275 430 — — Financial advisory services 1,042 1,197 144 99 — 1 Total investment banking fees 2,129 2,298 1,435 1,473 (125) (173) Total fees and commissions 4,956 5,502 3,241 3,288 (205) (157) Market making and similar activities 135 181 11,002 8,721 482 50 Other income (loss) 2,567 1,804 116 (449) (5,380) (3,492) Total noninterest income $ 7,658 $ 7,487 $ 14,359 $ 11,560 $ (5,103) $ (3,599) (1) All Other includes eliminations of intercompany transactions. Business Segment Reconciliations Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Segments’ total revenue, net of interest expense $ 26,938 $ 25,407 $ 81,887 $ 74,259 Adjustments (1) : Asset and liability management activities 28 (13) (404) (146) Liquidating businesses, eliminations and other (1,646) (786) (4,439) (3,380) FTE basis adjustment (153) (106) (422) (315) Consolidated revenue, net of interest expense $ 25,167 $ 24,502 $ 76,622 $ 70,418 Segments’ total net income 7,713 7,363 23,571 21,359 Adjustments, net-of-tax (1) : Asset and liability management activities 16 (24) (309) (106) Liquidating businesses, eliminations and other 73 (257) 109 (857) Consolidated net income $ 7,802 $ 7,082 $ 23,371 $ 20,396 September 30 2023 2022 Segments’ total assets $ 2,849,187 $ 2,944,902 Adjustments (1) : Asset and liability management activities, including securities portfolio 1,185,910 1,129,824 Elimination of segment asset allocations to match liabilities (945,715) (1,065,057) Other 63,708 63,284 Consolidated total assets $ 3,153,090 $ 3,072,953 (1) Adjustments include consolidated income, expense and asset amounts not specifically allocated to individual business segments.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net income	$ 7,802	$ 7,082	$ 23,371	$ 20,396

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Principles (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Principles of Consolidation	The Consolidated Financial Statements include the accounts of the Corporation and its majority-owned subsidiaries and those variable interest entities (VIEs) where the Corporation is the primary beneficiary. Intercompany accounts and transactions have been eliminated. Results of operations of acquired companies are included from the dates of acquisition, and for VIEs, from the dates that the Corporation became the primary beneficiary. Assets held in an agency or fiduciary capacity are not included in the Consolidated Financial Statements. The Corporation accounts for investments in companies for which it owns a voting interest and for which it has the ability to exercise significant influence over operating and financing decisions using the equity method of accounting. These investments, which include the Corporation’s interests in affordable housing and renewable energy partnerships, are recorded in other assets. Equity method investments are subject to impairment testing, and the Corporation’s proportionate share of income or loss is included in other income.
Basis of Presentation	The preparation of the Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect reported amounts and disclosures. Actual results could materially differ from those estimates and assumptions. These unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements, and related notes thereto, of the Corporation’s 2022 Annual Report on Form 10-K. The nature of the Corporation’s business is such that the results of any interim period are not necessarily indicative of results for a full year. In the opinion of management, all adjustments, which consist of normal recurring adjustments necessary for a fair statement of the interim period results, have been made. The Corporation evaluates subsequent events through the date of filing with the Securities and Exchange Commission (SEC). Certain prior-period amounts have been reclassified to conform to current-period presentation.
New Accounting Standard Issued	New Accounting Standard Issued Investments – Equity Method and Joint Ventures The FASB updated its guidance on the accounting for tax credit investments, which permits entities to make an accounting
Financial Instruments - Credit Losses	Financial Instruments – Credit Losses On January 1, 2023, the Corporation adopted the new accounting and disclosure requirements for expected credit losses (ECL) that removed the recognition and measurement guidance on troubled debt restructurings (TDRs) and added disclosures on the financial effect and subsequent performance of certain types of modifications made to borrowers experiencing financial difficulties. Upon adoption of the standard, the Corporation recorded a reduction of $243 million in the allowance for credit losses for the impact of changes in the methodology used to estimate the allowance for credit losses for non-collateral dependent consumer and commercial TDRs. There was no impact to the valuation of loans previously classified as collateral-dependent TDRs. After adjusting for deferred taxes, the Corporation recorded an increase of $184 million in retained earnings through a cumulative-effect adjustment. The additional disclosures are included in Note 5 – Outstanding Loans and Leases and Allowance for Credit Losses on a prospective basis and include loan modifications where the contractual payment terms of the borrower’s loan agreement were modified through a refinancing or restructuring. Modifications that do not impact the contractual payment terms, such as covenant waivers, insignificant payment deferrals, and any modifications made to loans carried at fair value, loans held-for-sale (LHFS) and leases are not included in the disclosures. The Corporation uses various indicators to identify borrowers in financial difficulty. Consumer loan borrowers that are delinquent and commercial loan borrowers that are rated substandard or worse are the primary criteria used to identify borrowers who are experiencing financial difficulty. If a borrower is current at the time of modification, the loan generally remains a performing loan as long as there is demonstrated performance prior to the modification, and payment in full under the modified terms is expected. Otherwise, the loan is placed on nonaccrual status and reported as nonperforming, excluding fully-insured consumer real estate loans, until there is sustained repayment performance for a reasonable period. The allowance for loan and lease losses for modified loans is determined in a manner consistent with the methodology for the respective class and credit rating of the financing receivable as described in Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K.

Net Interest Income and Nonin_2

Net Interest Income and Noninterest Income (Tables)	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The table below presents the Corporation’s net interest income and noninterest income disaggregated by revenue source for the three and nine months ended September 30, 2023 and 2022. For more information, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . For a disaggregation of noninterest income by business segment and All Other , see Note 17 – Business Segment Information. Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Net interest income Interest income Loans and leases $ 14,830 $ 10,231 $ 41,897 $ 25,805 Debt securities 4,658 4,239 14,809 12,111 Federal funds sold and securities borrowed or purchased under agreements to resell 4,888 1,446 13,555 1,835 Trading account assets 2,217 1,449 6,321 3,753 Other interest income 7,031 2,256 18,051 3,986 Total interest income 33,624 19,621 94,633 47,490 Interest expense Deposits 7,340 1,235 17,439 1,719 Short-term borrowings 7,629 2,264 22,164 2,705 Trading account liabilities 510 383 1,486 1,117 Long-term debt 3,766 1,974 10,559 4,168 Total interest expense 19,245 5,856 51,648 9,709 Net interest income $ 14,379 $ 13,765 $ 42,985 $ 37,781 Noninterest income Fees and commissions Card income Interchange fees (1) $ 994 $ 1,060 $ 2,973 $ 3,067 Other card income 526 513 1,562 1,464 Total card income 1,520 1,573 4,535 4,531 Service charges Deposit-related fees 1,124 1,162 3,266 4,109 Lending-related fees 340 304 972 907 Total service charges 1,464 1,466 4,238 5,016 Investment and brokerage services Asset management fees 3,103 2,920 8,990 9,308 Brokerage fees 860 875 2,664 2,870 Total investment and brokerage services 3,963 3,795 11,654 12,178 Investment banking fees Underwriting income 531 452 1,757 1,559 Syndication fees 209 283 620 896 Financial advisory services 448 432 1,186 1,297 Total investment banking fees 1,188 1,167 3,563 3,752 Total fees and commissions 8,135 8,001 23,990 25,477 Market making and similar activities 3,325 3,068 11,734 9,023 Other income (loss) (672) (332) (2,087) (1,863) Total noninterest income $ 10,788 $ 10,737 $ 33,637 $ 32,637

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Sep. 30, 2023
Derivative [Line Items]
Schedule of Derivative Instruments	The following tables present derivative instruments included on the Consolidated Balance Sheet in derivative assets and liabilities at September 30, 2023 and December 31, 2022. Balances are presented on a gross basis, prior to the application of counterparty and cash collateral netting. Total derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and have been reduced by cash collateral received or paid. September 30, 2023 Gross Derivative Assets Gross Derivative Liabilities (Dollars in billions) Contract/ Notional (1) Trading and Other Risk Management Derivatives Qualifying Total Trading and Other Risk Management Derivatives Qualifying Total Interest rate contracts Swaps $ 20,628.1 $ 149.2 $ 9.0 $ 158.2 $ 125.0 $ 29.7 $ 154.7 Futures and forwards 3,903.6 11.1 — 11.1 9.5 — 9.5 Written options (2) 1,874.9 — — — 42.4 — 42.4 Purchased options (3) 1,764.8 43.0 — 43.0 — — — Foreign exchange contracts Swaps 1,905.9 41.2 0.7 41.9 38.6 0.2 38.8 Spot, futures and forwards 4,947.1 49.3 1.1 50.4 47.1 0.9 48.0 Written options (2) 464.4 — — — 7.4 — 7.4 Purchased options (3) 442.3 7.8 — 7.8 — — — Equity contracts Swaps 411.2 12.7 — 12.7 14.0 — 14.0 Futures and forwards 138.4 2.1 — 2.1 1.4 — 1.4 Written options (2) 1,018.1 — — — 47.8 — 47.8 Purchased options (3) 873.1 42.0 — 42.0 — — — Commodity contracts Swaps 62.7 3.2 — 3.2 4.5 — 4.5 Futures and forwards 185.9 3.7 — 3.7 2.4 0.7 3.1 Written options (2) 61.1 — — — 3.5 — 3.5 Purchased options (3) 67.0 3.2 — 3.2 — — — Credit derivatives (4) Purchased credit derivatives: Credit default swaps 412.6 2.3 — 2.3 1.9 — 1.9 Total return swaps/options 66.0 1.5 — 1.5 0.9 — 0.9 Written credit derivatives: Credit default swaps 386.2 1.6 — 1.6 2.0 — 2.0 Total return swaps/options 61.7 1.4 — 1.4 0.5 — 0.5 Gross derivative assets/liabilities $ 375.3 $ 10.8 $ 386.1 $ 348.9 $ 31.5 $ 380.4 Less: Legally enforceable master netting agreements (305.7) (305.7) Less: Cash collateral received/paid (32.9) (33.8) Total derivative assets/liabilities $ 47.5 $ 40.9 (1) Represents the total contract/notional amount of derivative assets and liabilities outstanding. (2) Includes certain out-of-the-money purchased options that have a liability amount primarily due to the deferral of option premiums to the end of the contract. (3) Includes certain out-of-the-money written options that have an asset amount primarily due to the deferral of option premiums to the end of the contract. (4) The net derivative asset (liability) and notional amount of written credit derivatives for which the Corporation held purchased credit derivatives with identical underlying referenced names were $(420) million and $366.1 billion at September 30, 2023. December 31, 2022 Gross Derivative Assets Gross Derivative Liabilities (Dollars in billions) Contract/ Notional (1) Trading and Other Risk Management Derivatives Qualifying Total Trading and Other Risk Management Derivatives Qualifying Total Interest rate contracts Swaps $ 18,285.9 $ 138.2 $ 20.7 $ 158.9 $ 120.3 $ 36.7 $ 157.0 Futures and forwards 2,796.3 8.6 — 8.6 7.8 — 7.8 Written options (2) 1,657.9 — — — 41.4 — 41.4 Purchased options (3) 1,594.7 42.4 — 42.4 — — — Foreign exchange contracts Swaps 1,509.0 44.0 0.3 44.3 43.3 0.4 43.7 Spot, futures and forwards 4,159.3 59.9 0.1 60.0 62.1 0.6 62.7 Written options (2) 392.2 — — — 8.1 — 8.1 Purchased options (3) 362.6 8.3 — 8.3 — — — Equity contracts Swaps 394.0 10.8 — 10.8 12.2 — 12.2 Futures and forwards 114.6 3.3 — 3.3 1.0 — 1.0 Written options (2) 746.8 — — — 45.0 — 45.0 Purchased options (3) 671.6 40.9 — 40.9 — — — Commodity contracts Swaps 56.0 5.1 — 5.1 5.3 — 5.3 Futures and forwards 157.3 3.0 — 3.0 2.3 0.8 3.1 Written options (2) 59.5 — — — 3.3 — 3.3 Purchased options (3) 61.8 3.6 — 3.6 — — — Credit derivatives (4) Purchased credit derivatives: Credit default swaps 319.9 2.8 — 2.8 1.6 — 1.6 Total return swaps/options 71.5 0.7 — 0.7 3.0 — 3.0 Written credit derivatives: Credit default swaps 295.2 1.2 — 1.2 2.4 — 2.4 Total return swaps/options 85.3 4.4 — 4.4 0.9 — 0.9 Gross derivative assets/liabilities $ 377.2 $ 21.1 $ 398.3 $ 360.0 $ 38.5 $ 398.5 Less: Legally enforceable master netting agreements (315.9) (315.9) Less: Cash collateral received/paid (33.8) (37.8) Total derivative assets/liabilities $ 48.6 $ 44.8 (1) Represents the total contract/notional amount of derivative assets and liabilities outstanding. (2) Includes certain out-of-the-money purchased options that have a liability amount primarily due to the deferral of option premiums to the end of the contract. (3) Includes certain out-of-the-money written options that have an asset amount primarily due to the deferral of option premiums to the end of the contract. (4) The net derivative asset (liability) and notional amount of written credit derivatives for which the Corporation held purchased credit derivatives with identical underlying referenced names were $(1.2) billion and $276.9 billion at December 31, 2022.
Gains and Losses on Derivatives Designated as Fair Value Hedges	The table below summarizes information related to fair value hedges for the three and nine months ended September 30, 2023 and 2022. Gains and Losses on Derivatives Designated as Fair Value Hedges Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 (Dollars in millions) Derivative Hedged Item Derivative Hedged Item Interest rate risk on long-term debt (1) $ (4,339) $ 4,299 $ (8,435) $ 8,437 Interest rate and foreign currency risk (2) 114 (113) (77) 78 Interest rate risk on available-for-sale securities (3) 1,934 (1,927) 8,675 (8,769) Price risk on commodity inventory (4) 410 (410) 1,006 (938) Total $ (1,881) $ 1,849 $ 1,169 $ (1,192) ` Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Derivative Hedged Item Derivative Hedged Item Interest rate risk on long-term debt (1) $ (4,581) $ 4,510 $ (27,458) $ 27,630 Interest rate and foreign currency risk (2) 229 (225) (137) 137 Interest rate risk on available-for-sale securities (3) 787 (795) 23,442 (23,705) Price risk on commodity inventory (4) 582 (582) 1,374 (1,270) Total $ (2,983) $ 2,908 $ (2,779) $ 2,792 (1) Amounts are recorded in interest expense in the Consolidated Statement of Income. (2) Represents cross-currency interest rate swaps related to available-for-sale debt securities and long-term debt. For the three and nine months ended September 30, 2023, the derivative amount includes gains (losses) of $21 million and $22 million in interest income, $2 million and $9 million in interest expense, $90 million and $195 million in market making and similar activities, and $1 million and $3 million in accumulated other comprehensive income (OCI). For the same periods in 2022, the derivative amount includes gains (losses) of $(6) million and $(40) million in interest expense, $(71) million and $(96) million in market making and similar activities, and $0 and $(1) million in accumulated OCI. Line item totals are in the Consolidated Statement of Income and on the Consolidated Balance Sheet. (3) Amounts are recorded in interest income in the Consolidated Statement of Income. (4) Amounts are recorded in market making and similar activities in the Consolidated Statement of Income.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below summarizes the carrying value of hedged assets and liabilities that are designated and qualifying in fair value hedging relationships along with the cumulative amount of fair value hedging adjustments included in the carrying value that have been recorded in the current hedging relationships. These fair value hedging adjustments are open basis adjustments that are not subject to amortization as long as the hedging relationship remains designated. Designated Fair Value Hedged Assets and Liabilities September 30, 2023 December 31, 2022 (Dollars in millions) Carrying Value Cumulative Fair Value Adjustments (1) Carrying Value Cumulative Fair Value Adjustments (1) Long-term debt (2) $ 194,138 $ (14,154) $ 187,402 $ (21,372) Available-for-sale debt securities (2, 3, 4) 86,730 (6,262) 167,518 (18,190) Trading account assets (5) 7,452 205 16,119 146 (1) Increase (decrease) to carrying value. (2) At September 30, 2023 and December 31, 2022, the cumulative fair value adjustments remaining on long-term debt and available-for-sale debt securities from discontinued hedging relationships resulted in a decrease of $10.7 billion and an increase of $137 million in the related liability and a decrease in the related asset of $5.6 billion and $4.9 billion, which are being amortized over the remaining contractual life of the de-designated hedged items. (3) These amounts include the amortized cost of the financial assets in closed portfolios used to designate hedging relationships in which the hedged item is a stated layer that is expected to be remaining at the end of the hedging relationship (i.e. portfolio layer hedging relationship). At September 30, 2023 and December 31, 2022, the amortized cost of the closed portfolios used in these hedging relationships was $21.3 billion and $21.4 billion, of which $17.3 billion and $9.2 billion were designated in a portfolio layer hedging relationship. At September 30, 2023 and December 31, 2022, the cumulative adjustment associated with these hedging relationships was a decrease of $741 million and $451 million. (4) Carrying value represents amortized cost. (5) Represents hedging activities related to certain commodities inventory.
Cash Flow and Net Investment Hedges	The following table summarizes certain information related to cash flow hedges and net investment hedges for the three and nine months ended September 30, 2023 and 2022. Of the $12.3 billion after-tax net loss ($16.3 billion pretax) on derivatives in accumulated OCI at September 30, 2023, losses of $4.7 billion after-tax ($6.2 billion pretax) related to both open and terminated cash flow hedges are expected to be reclassified into earnings in the next 12 months. These net losses reclassified into earnings are expected to primarily decrease net interest income related to the respective hedged items. For open cash flow hedges, the maximum length of time over which forecasted transactions are hedged is approximately ten years. For terminated cash flow hedges, the time period over which the forecasted transactions will be recognized in interest income is approximately five years, with the aggregated amount beyond this time period being insignificant. Gains and Losses on Derivatives Designated as Cash Flow and Net Investment Hedges Gains (Losses) Gains (Losses) Gains (Losses) Gains (Losses) (Dollars in millions, amounts pretax) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Cash flow hedges Interest rate risk on variable-rate portfolios (1) $ (737) $ (263) $ (1,065) $ (612) Price risk on forecasted MBS purchases (1) 2 — 6 — Price risk on certain compensation plans (2) (8) 7 28 18 Total $ (743) $ (256) $ (1,031) $ (594) Net investment hedges Foreign exchange risk (3) $ 802 $ 133 $ 334 $ 136 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Cash flow hedges Interest rate risk on variable-rate portfolios (1) $ (5,045) $ (110) $ (14,443) $ (191) Price risk on forecasted MBS purchases (1) — — (129) 13 Price risk on certain compensation plans (2) (13) 5 (107) 24 Total $ (5,058) $ (105) $ (14,679) $ (154) Net investment hedges Foreign exchange risk (3) $ 1,541 $ 3 $ 3,339 $ 3 (1) Amounts reclassified from accumulated OCI are recorded in interest income in the Consolidated Statement of Income. (2) Amounts reclassified from accumulated OCI are recorded in compensation and benefits expense in the Consolidated Statement of Income. (3) Amounts reclassified from accumulated OCI are recorded in other income in the Consolidated Statement of Income. For the three and nine months ended September 30, 2023, amounts excluded from effectiveness testing and recognized in market making and similar activities were gains of $36 million and $145 million. For the same periods in 2022 amounts excluded from effectiveness testing and recognized in market making and similar activities were gains of $38 million and losses of $109 million.
Other Risk Management Derivatives	The table below presents gains (losses) on these derivatives for the three and nine months ended September 30, 2023 and 2022. These gains (losses) are largely offset by the income or expense recorded on the hedged item. Gains and Losses on Other Risk Management Derivatives Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Interest rate risk on mortgage activities (1, 2) $ (54) $ (64) $ (51) $ (321) Credit risk on loans (2) (7) (30) (47) (17) Interest rate and foreign currency risk on asset and liability management activities (3) 381 1,591 1,040 7,204 Price risk on certain compensation plans (4) (199) (192) 184 (1,283) (1) Includes hedges of interest rate risk on mortgage servicing rights (MSRs) and interest rate lock commitments (IRLCs) to originate mortgage loans that will be held for sale. (2) Gains (losses) on these derivatives are recorded in other income. (3) Gains (losses) on these derivatives are recorded in market making and similar activities. (4) Gains (losses) on these derivatives are recorded in compensation and benefits expense.
Schedule of Derivative Instruments Included in Trading Activities	The following table, which includes both derivatives and non-derivative cash instruments, identifies the amounts in the respective income statement line items attributable to the Corporation’s sales and trading revenue in Global Markets , categorized by primary risk, for the three and nine months ended September 30, 2023 and 2022. This table includes debit valuation adjustment (DVA) and funding valuation adjustment (FVA) gains (losses). Global Markets results in Note 17 – Business Segment Information are presented on a fully taxable-equivalent (FTE) basis. The following table is not presented on an FTE basis. Sales and Trading Revenue Market making and similar activities Net Interest Other (1) Total Market making and similar activities Net Interest Other (1) Total (Dollars in millions) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Interest rate risk $ 815 $ 80 $ 90 $ 985 $ 2,867 $ 218 $ 301 $ 3,386 Foreign exchange risk 446 32 17 495 1,355 113 55 1,523 Equity risk 1,458 (218) 426 1,666 5,116 (1,566) 1,345 4,895 Credit risk 349 590 93 1,032 1,140 1,865 303 3,308 Other risk (2) 126 (11) 3 118 521 (153) (8) 360 Total sales and trading revenue $ 3,194 $ 473 $ 629 $ 4,296 $ 10,999 $ 477 $ 1,996 $ 13,472 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Interest rate risk $ 372 $ 432 $ 140 $ 944 $ 1,452 $ 1,381 $ 291 $ 3,124 Foreign exchange risk 552 13 (54) 511 1,562 (13) (51) 1,498 Equity risk 1,532 (399) 416 1,549 4,474 (694) 1,404 5,184 Credit risk 252 544 114 910 561 1,559 176 2,296 Other risk (2) 165 (62) 17 120 670 (138) 77 609 Total sales and trading revenue $ 2,873 $ 528 $ 633 $ 4,034 $ 8,719 $ 2,095 $ 1,897 $ 12,711 (1) Represents amounts in investment and brokerage services and other income that are recorded in Global Markets and included in the definition of sales and trading revenue. Includes investment and brokerage services revenue of $474 million and $1.5 billion for the three and nine months ended September 30, 2023 compared to $444 million and $1.5 billion for the same periods in 2022. (2) Includes commodity risk.
Disclosure of Credit Derivatives	Credit derivative instruments where the Corporation is the seller of credit protection and their expiration at September 30, 2023 and December 31, 2022 are summarized in the table below. Credit Derivative Instruments Less than One to Three to Over Five Total September 30, 2023 (Dollars in millions) Carrying Value Credit default swaps: Investment grade $ — $ 8 $ 69 $ 44 $ 121 Non-investment grade 19 286 778 793 1,876 Total 19 294 847 837 1,997 Total return swaps/options: Investment grade 21 118 — — 139 Non-investment grade 106 199 93 10 408 Total 127 317 93 10 547 Total credit derivatives $ 146 $ 611 $ 940 $ 847 $ 2,544 Credit-related notes: Investment grade $ — $ — $ 1 $ 745 $ 746 Non-investment grade — 4 6 1,128 1,138 Total credit-related notes $ — $ 4 $ 7 $ 1,873 $ 1,884 Maximum Payout/Notional Credit default swaps: Investment grade $ 32,425 $ 63,851 $ 139,008 $ 47,781 $ 283,065 Non-investment grade 15,441 32,430 41,234 14,069 103,174 Total 47,866 96,281 180,242 61,850 386,239 Total return swaps/options: Investment grade 25,097 12,709 1,598 105 39,509 Non-investment grade 15,600 3,255 2,387 939 22,181 Total 40,697 15,964 3,985 1,044 61,690 Total credit derivatives $ 88,563 $ 112,245 $ 184,227 $ 62,894 $ 447,929 December 31, 2022 Carrying Value Credit default swaps: Investment grade $ 2 $ 25 $ 133 $ 34 $ 194 Non-investment grade 120 516 870 697 2,203 Total 122 541 1,003 731 2,397 Total return swaps/options: Investment grade 55 336 — — 391 Non-investment grade 332 9 132 10 483 Total 387 345 132 10 874 Total credit derivatives $ 509 $ 886 $ 1,135 $ 741 $ 3,271 Credit-related notes: Investment grade $ — $ — $ 19 $ 1,017 $ 1,036 Non-investment grade — 7 6 1,035 1,048 Total credit-related notes $ — $ 7 $ 25 $ 2,052 $ 2,084 Maximum Payout/Notional Credit default swaps: Investment grade $ 34,670 $ 66,170 $ 93,237 $ 18,677 $ 212,754 Non-investment grade 15,229 29,629 30,891 6,662 82,411 Total 49,899 95,799 124,128 25,339 295,165 Total return swaps/options: Investment grade 38,722 10,407 — — 49,129 Non-investment grade 32,764 500 2,054 897 36,215 Total 71,486 10,907 2,054 897 85,344 Total credit derivatives $ 121,385 $ 106,706 $ 126,182 $ 26,236 $ 380,509
Additional Collateral Required to be Posted Upon Downgrade	The following table presents the amount of additional collateral that would have been contractually required by derivative contracts and other trading agreements at September 30, 2023 if the rating agencies had downgraded their long-term senior debt ratings for the Corporation or certain subsidiaries by one incremental notch and by an additional second incremental notch. The table also presents derivative liabilities that would be subject to unilateral termination by counterparties upon downgrade of the Corporation's or certain subsidiaries’ long-term senior debt ratings. Additional Collateral Required to be Posted and Derivative Liabilities Subject to Unilateral Termination Upon Downgrade (Dollars in millions) One Second Additional collateral required to be posted upon downgrade Bank of America Corporation $ 174 $ 951 Bank of America, N.A. and subsidiaries (1) 82 793 Derivative liabilities subject to unilateral termination upon downgrade Derivative liabilities $ 57 $ 477 Collateral posted 56 312 (1) Included in Bank of America Corporation collateral requirements in this table.
Derivative Liability Subject to Unilateral Termination Upon Downgrade	The following table presents the amount of additional collateral that would have been contractually required by derivative contracts and other trading agreements at September 30, 2023 if the rating agencies had downgraded their long-term senior debt ratings for the Corporation or certain subsidiaries by one incremental notch and by an additional second incremental notch. The table also presents derivative liabilities that would be subject to unilateral termination by counterparties upon downgrade of the Corporation's or certain subsidiaries’ long-term senior debt ratings. Additional Collateral Required to be Posted and Derivative Liabilities Subject to Unilateral Termination Upon Downgrade (Dollars in millions) One Second Additional collateral required to be posted upon downgrade Bank of America Corporation $ 174 $ 951 Bank of America, N.A. and subsidiaries (1) 82 793 Derivative liabilities subject to unilateral termination upon downgrade Derivative liabilities $ 57 $ 477 Collateral posted 56 312 (1) Included in Bank of America Corporation collateral requirements in this table.
Valuation Adjustments on Derivatives	The table below presents credit valuation adjustment (CVA), DVA and FVA gains (losses) on derivatives (excluding the effect of any related hedge activities), which are recorded in market making and similar activities, for the three and nine months ended September 30, 2023 and 2022. For more information on the valuation adjustments on derivatives, see Note 3 – Derivatives to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Valuation Adjustments Gains (Losses) on Derivatives (1) Three Months Ended September 30 (Dollars in millions) 2023 2022 Derivative assets (CVA) $ 30 $ (44) Derivative assets/liabilities (FVA) 21 67 Derivative liabilities (DVA) 18 103 Nine Months Ended September 30 (Dollars in millions) 2023 2022 Derivative assets (CVA) $ 151 $ (217) Derivative assets/liabilities (FVA) 4 147 Derivative liabilities (DVA) (66) 444 (1) At September 30, 2023 and December 31, 2022, cumulative CVA reduced the derivative assets balance by $367 million and $518 million, cumulative FVA reduced the net derivative balance by $50 million and $54 million, and cumulative DVA reduced the derivative liabilities balance by $440 million and $506 million.
Derivative
Derivative [Line Items]
Offsetting Assets	The following table presents derivative instruments included in derivative assets and liabilities on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022 by primary risk (e.g., interest rate risk) and the platform, where applicable, on which these derivatives are transacted. Balances are presented on a gross basis, prior to the application of counterparty and cash collateral netting. Total gross derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements, which include reducing the balance for counterparty netting and cash collateral received or paid. For more information on offsetting of securities financing agreements, see Note 9 – Securities Financing Agreements, Collateral and Restricted Cash . Offsetting of Derivatives (1) Derivative Derivative Derivative Derivative (Dollars in billions) September 30, 2023 December 31, 2022 Interest rate contracts Over-the-counter $ 135.6 $ 127.9 $ 138.4 $ 132.3 Exchange-traded 0.4 0.2 0.4 0.1 Over-the-counter cleared 75.3 75.5 71.4 71.1 Foreign exchange contracts Over-the-counter 97.8 92.5 109.7 110.6 Over-the-counter cleared 0.9 0.9 1.3 1.2 Equity contracts Over-the-counter 23.9 27.3 21.5 22.6 Exchange-traded 32.6 34.0 33.0 33.8 Commodity contracts Over-the-counter 6.8 8.0 8.3 9.3 Exchange-traded 2.4 2.4 2.4 1.9 Over-the-counter cleared 0.4 0.5 0.3 0.3 Credit derivatives Over-the-counter 6.7 5.2 8.9 7.5 Total gross derivative assets/liabilities, before netting Over-the-counter 270.8 260.9 286.8 282.3 Exchange-traded 35.4 36.6 35.8 35.8 Over-the-counter cleared 76.6 76.9 73.0 72.6 Less: Legally enforceable master netting agreements and cash collateral received/paid Over-the-counter (228.9) (229.4) (243.8) (248.2) Exchange-traded (34.5) (34.5) (33.5) (33.5) Over-the-counter cleared (75.2) (75.6) (72.4) (72.0) Derivative assets/liabilities, after netting 44.2 34.9 45.9 37.0 Other gross derivative assets/liabilities (2) 3.3 6.0 2.7 7.8 Total derivative assets/liabilities 47.5 40.9 48.6 44.8 Less: Financial instruments collateral (3) (18.5) (9.9) (18.5) (7.4) Total net derivative assets/liabilities $ 29.0 $ 31.0 $ 30.1 $ 37.4 (1) Over-the-counter derivatives include bilateral transactions between the Corporation and a particular counterparty. Over-the-counter cleared derivatives include bilateral transactions between the Corporation and a counterparty where the transaction is cleared through a clearinghouse. Exchange-traded derivatives include listed options transacted on an exchange. (2) Consists of derivatives entered into under master netting agreements where the enforceability of these agreements is uncertain under bankruptcy laws in some countries or industries. (3) Amounts are limited to the derivative asset/liability balance and, accordingly, do not include excess collateral received/pledged. Financial instruments collateral includes securities collateral received or pledged and cash securities held and posted at third-party custodians that are not offset on the Consolidated Balance Sheet but shown as a reduction to derive net derivative assets and liabilities.
Offsetting Liabilities	The following table presents derivative instruments included in derivative assets and liabilities on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022 by primary risk (e.g., interest rate risk) and the platform, where applicable, on which these derivatives are transacted. Balances are presented on a gross basis, prior to the application of counterparty and cash collateral netting. Total gross derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements, which include reducing the balance for counterparty netting and cash collateral received or paid. For more information on offsetting of securities financing agreements, see Note 9 – Securities Financing Agreements, Collateral and Restricted Cash . Offsetting of Derivatives (1) Derivative Derivative Derivative Derivative (Dollars in billions) September 30, 2023 December 31, 2022 Interest rate contracts Over-the-counter $ 135.6 $ 127.9 $ 138.4 $ 132.3 Exchange-traded 0.4 0.2 0.4 0.1 Over-the-counter cleared 75.3 75.5 71.4 71.1 Foreign exchange contracts Over-the-counter 97.8 92.5 109.7 110.6 Over-the-counter cleared 0.9 0.9 1.3 1.2 Equity contracts Over-the-counter 23.9 27.3 21.5 22.6 Exchange-traded 32.6 34.0 33.0 33.8 Commodity contracts Over-the-counter 6.8 8.0 8.3 9.3 Exchange-traded 2.4 2.4 2.4 1.9 Over-the-counter cleared 0.4 0.5 0.3 0.3 Credit derivatives Over-the-counter 6.7 5.2 8.9 7.5 Total gross derivative assets/liabilities, before netting Over-the-counter 270.8 260.9 286.8 282.3 Exchange-traded 35.4 36.6 35.8 35.8 Over-the-counter cleared 76.6 76.9 73.0 72.6 Less: Legally enforceable master netting agreements and cash collateral received/paid Over-the-counter (228.9) (229.4) (243.8) (248.2) Exchange-traded (34.5) (34.5) (33.5) (33.5) Over-the-counter cleared (75.2) (75.6) (72.4) (72.0) Derivative assets/liabilities, after netting 44.2 34.9 45.9 37.0 Other gross derivative assets/liabilities (2) 3.3 6.0 2.7 7.8 Total derivative assets/liabilities 47.5 40.9 48.6 44.8 Less: Financial instruments collateral (3) (18.5) (9.9) (18.5) (7.4) Total net derivative assets/liabilities $ 29.0 $ 31.0 $ 30.1 $ 37.4 (1) Over-the-counter derivatives include bilateral transactions between the Corporation and a particular counterparty. Over-the-counter cleared derivatives include bilateral transactions between the Corporation and a counterparty where the transaction is cleared through a clearinghouse. Exchange-traded derivatives include listed options transacted on an exchange. (2) Consists of derivatives entered into under master netting agreements where the enforceability of these agreements is uncertain under bankruptcy laws in some countries or industries. (3) Amounts are limited to the derivative asset/liability balance and, accordingly, do not include excess collateral received/pledged. Financial instruments collateral includes securities collateral received or pledged and cash securities held and posted at third-party custodians that are not offset on the Consolidated Balance Sheet but shown as a reduction to derive net derivative assets and liabilities.

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	The table below presents the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale (AFS) debt securities, other debt securities carried at fair value and held-to-maturity (HTM) debt securities at September 30, 2023 and December 31, 2022. Debt Securities Amortized Gross Gross Fair Amortized Gross Gross Fair (Dollars in millions) September 30, 2023 December 31, 2022 Available-for-sale debt securities Mortgage-backed securities: Agency $ 22,435 $ — $ (1,931) $ 20,504 $ 25,204 $ 5 $ (1,767) $ 23,442 Agency-collateralized mortgage obligations 1,964 — (266) 1,698 2,452 — (231) 2,221 Commercial 7,309 14 (582) 6,741 6,894 28 (515) 6,407 Non-agency residential (1) 452 3 (68) 387 461 15 (90) 386 Total mortgage-backed securities 32,160 17 (2,847) 29,330 35,011 48 (2,603) 32,456 U.S. Treasury and government agencies 104,828 6 (1,198) 103,636 160,773 18 (1,769) 159,022 Non-U.S. securities 18,901 18 (47) 18,872 13,455 4 (52) 13,407 Other taxable securities 3,271 1 (93) 3,179 4,728 1 (84) 4,645 Tax-exempt securities 10,965 — (372) 10,593 11,518 19 (279) 11,258 Total available-for-sale debt securities 170,125 42 (4,557) 165,610 225,485 90 (4,787) 220,788 Other debt securities carried at fair value (2) 9,933 56 (59) 9,930 8,986 376 (156) 9,206 Total debt securities carried at fair value 180,058 98 (4,616) 175,540 234,471 466 (4,943) 229,994 Held-to-maturity debt securities Agency mortgage-backed securities 474,100 — (106,890) 367,210 503,233 — (87,319) 415,914 U.S. Treasury and government agencies 121,633 — (23,351) 98,282 121,597 — (20,259) 101,338 Other taxable securities 7,632 — (1,363) 6,269 8,033 — (1,018) 7,015 Total held-to-maturity debt securities 603,365 — (131,604) 471,761 632,863 — (108,596) 524,267 Total debt securities (3,4) $ 783,423 $ 98 $ (136,220) $ 647,301 $ 867,334 $ 466 $ (113,539) $ 754,261 (1) At both September 30, 2023 and December 31, 2022, the underlying collateral type included approximately 17 percent prime and 83 percent subprime. (2) Primarily includes non-U.S. securities used to satisfy certain international regulatory requirements. Any changes in value are reported in market making and similar activities. For detail on the components, see Note 14 – Fair Value Measurements . (3) Includes securities pledged as collateral of $141.0 billion and $104.5 billion at September 30, 2023 and December 31, 2022. (4) The Corporation held debt securities from Fannie Mae (FNMA) and Freddie Mac (FHLMC) that each exceeded 10 percent of shareholders’ equity, with an amortized cost of $273.7 billion and $167.8 billion, and a fair value of $211.5 billion and $129.0 billion at September 30, 2023, and an amortized cost of $290.5 billion and $176.7 billion, and a fair value of $239.6 billion and $144.6 billion at December 31, 2022.
Gross Realized Gains (Losses) on Sales of Available For Sale Debt	The gross realized gains and losses on sales of AFS debt securities for the three and nine months ended September 30, 2023 and 2022 are presented in the table below. Gains and Losses on Sales of AFS Debt Securities Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Gross gains $ — $ 540 $ 104 $ 1,243 Gross losses — (526) (508) (1,206) Net gains (losses) on sales of AFS debt securities $ — $ 14 $ (404) $ 37 Income tax expense (benefit) attributable to realized net gains (losses) on sales of AFS debt securities $ — $ 4 $ (101) $ 9
Amortized Cost and Fair Value of Corporations Investment	The table below presents the fair value and the associated gross unrealized losses on AFS debt securities and whether these securities have had gross unrealized losses for less than 12 months or for 12 months or longer at September 30, 2023 and December 31, 2022. Total AFS Debt Securities in a Continuous Unrealized Loss Position Less than Twelve Months Twelve Months or Longer Total Fair Gross Fair Gross Fair Gross (Dollars in millions) September 30, 2023 Continuously unrealized loss-positioned AFS debt securities Mortgage-backed securities: Agency $ 469 $ (17) $ 20,002 $ (1,914) $ 20,471 $ (1,931) Agency-collateralized mortgage obligations 2 — 1,696 (266) 1,698 (266) Commercial 1,527 (34) 4,467 (548) 5,994 (582) Non-agency residential — — 376 (68) 376 (68) Total mortgage-backed securities 1,998 (51) 26,541 (2,796) 28,539 (2,847) U.S. Treasury and government agencies 151 (5) 66,979 (1,193) 67,130 (1,198) Non-U.S. securities 8,388 (24) 1,878 (23) 10,266 (47) Other taxable securities 1,883 (13) 1,244 (80) 3,127 (93) Tax-exempt securities 1,738 (43) 2,712 (329) 4,450 (372) Total AFS debt securities in a continuous $ 14,158 $ (136) $ 99,354 $ (4,421) $ 113,512 $ (4,557) December 31, 2022 Continuously unrealized loss-positioned AFS debt securities Mortgage-backed securities: Agency $ 18,759 $ (1,118) $ 4,437 $ (649) $ 23,196 $ (1,767) Agency-collateralized mortgage obligations 1,165 (96) 1,022 (135) 2,187 (231) Commercial 3,273 (150) 2,258 (365) 5,531 (515) Non-agency residential 264 (65) 97 (25) 361 (90) Total mortgage-backed securities 23,461 (1,429) 7,814 (1,174) 31,275 (2,603) U.S. Treasury and government agencies 36,730 (308) 118,636 (1,461) 155,366 (1,769) Non-U.S. securities 9,399 (34) 756 (18) 10,155 (52) Other taxable securities 2,036 (16) 1,580 (68) 3,616 (84) Tax-exempt securities 607 (28) 2,849 (251) 3,456 (279) Total AFS debt securities in a continuous $ 72,233 $ (1,815) $ 131,635 $ (2,972) $ 203,868 $ (4,787)
Expected Maturity Distribution	The remaining contractual maturity distribution and yields of the Corporation’s debt securities carried at fair value and HTM debt securities at September 30, 2023 are summarized in the table below. Actual duration and yields may differ as prepayments on the loans underlying the mortgage-backed securities (MBS) or other asset-backed securities (ABS) are passed through to the Corporation. Maturities of Debt Securities Carried at Fair Value and Held-to-maturity Debt Securities Due in One Due after One Year Due after Five Years Due after Total (Dollars in millions) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amount Yield (1) Amortized cost of debt securities carried at fair value Mortgage-backed securities: Agency $ — — % $ 4 3.75 % $ 31 5.35 % $ 22,400 3.53 % $ 22,435 3.53 % Agency-collateralized mortgage obligations — — — — — — 1,964 2.79 1,964 2.79 Commercial — — 1,129 3.06 4,619 2.59 1,574 2.45 7,322 2.63 Non-agency residential — — — — — — 735 10.18 735 10.18 Total mortgage-backed securities — — 1,133 3.07 4,650 2.61 26,673 3.60 32,456 3.44 U.S. Treasury and government agencies 37,773 5.23 45,637 3.05 22,437 2.33 39 3.89 105,886 3.67 Non-U.S. securities 17,748 2.04 5,850 1.17 3,203 5.40 678 5.26 27,479 2.33 Other taxable securities 409 5.60 2,355 6.08 294 3.00 213 3.60 3,271 5.59 Tax-exempt securities 1,234 4.13 3,801 3.64 1,997 3.85 3,934 4.23 10,966 3.95 Total amortized cost of debt securities carried at fair value $ 57,164 4.22 $ 58,776 3.02 $ 32,581 2.77 $ 31,537 3.71 $ 180,058 3.48 Amortized cost of HTM debt securities Agency mortgage-backed securities $ — — % $ — — % $ 12 2.75 % $ 474,088 2.12 % $ 474,100 2.12 % U.S. Treasury and government agencies — — 4,558 1.80 117,075 1.37 — — 121,633 1.39 Other taxable securities 42 5.82 1,262 2.50 272 3.29 6,056 2.49 7,632 2.54 Total amortized cost of HTM debt securities $ 42 5.82 $ 5,820 1.95 $ 117,359 1.37 $ 480,144 2.12 $ 603,365 1.97 Debt securities carried at fair value Mortgage-backed securities: Agency $ — $ 4 $ 31 $ 20,469 $ 20,504 Agency-collateralized mortgage obligations — — — 1,698 1,698 Commercial 1 1,092 4,354 1,305 6,752 Non-agency residential — 2 — 668 670 Total mortgage-backed securities 1 1,098 4,385 24,140 29,624 U.S. Treasury and government agencies 37,776 44,973 21,910 35 104,694 Non-U.S. securities 17,737 5,834 3,199 678 27,448 Other taxable securities 407 2,330 248 198 3,183 Tax-exempt securities 1,229 3,725 1,942 3,695 10,591 Total debt securities carried at fair value $ 57,150 $ 57,960 $ 31,684 $ 28,746 $ 175,540 Fair value of HTM debt securities Agency mortgage-backed securities $ — $ — $ 10 $ 367,200 $ 367,210 U.S. Treasury and government agencies — 4,153 94,129 — 98,282 Other taxable securities 42 1,169 210 4,848 6,269 Total fair value of HTM debt securities $ 42 $ 5,322 $ 94,349 $ 372,048 $ 471,761 (1) The weighted-average yield is computed based on a constant effective interest rate over the contractual life of each security. The average yield considers the contractual coupon and the amortization of premiums and accretion of discounts, excluding the effect of related hedging derivatives.

Outstanding Loans and Leases _2

Outstanding Loans and Leases and Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Schedule of Loans and Leases Outstanding	The following tables present total outstanding loans and leases and an aging analysis for the Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments, by class of financing receivables, at September 30, 2023 and December 31, 2022. 30-59 Days Past Due (1) 60-89 Days Past Due (1) 90 Days or Past Due (1) Total Past Total Current or Less Than 30 Days Past Due (1) Loans Total (Dollars in millions) September 30, 2023 Consumer real estate Residential mortgage $ 1,143 $ 278 $ 874 $ 2,295 $ 226,871 $ 229,166 Home equity 88 42 171 301 25,191 25,492 Credit card and other consumer Credit card 626 455 1,016 2,097 97,590 99,687 Direct/Indirect consumer (2) 267 85 75 427 103,632 104,059 Other consumer — — — — 122 122 Total consumer 2,124 860 2,136 5,120 453,406 458,526 Consumer loans accounted for under the fair value option (3) $ 253 253 Total consumer loans and leases 2,124 860 2,136 5,120 453,406 253 458,779 Commercial U.S. commercial 312 345 187 844 355,486 356,330 Non-U.S. commercial 27 16 65 108 123,605 123,713 Commercial real estate (4) 96 258 341 695 72,498 73,193 Commercial lease financing 15 12 16 43 13,861 13,904 U.S. small business commercial (5) 134 76 186 396 18,837 19,233 Total commercial 584 707 795 2,086 584,287 586,373 Commercial loans accounted for under the fair value option (3) 3,997 3,997 Total commercial loans and leases 584 707 795 2,086 584,287 3,997 590,370 Total loans and leases (6) $ 2,708 $ 1,567 $ 2,931 $ 7,206 $ 1,037,693 $ 4,250 $ 1,049,149 Percentage of outstandings 0.26 % 0.15 % 0.28 % 0.69 % 98.91 % 0.40 % 100.00 % (1) Consumer real estate loans 30-59 days past due includes fully-insured loans of $187 million and nonperforming loans of $167 million. Consumer real estate loans 60-89 days past due includes fully-insured loans of $70 million and nonperforming loans of $108 million. Consumer real estate loans 90 days or more past due includes fully-insured loans of $266 million and nonperforming loans of $779 million. Consumer real estate loans current or less than 30 days past due includes $1.6 billion, and direct/indirect consumer includes $37 million of nonperforming loans. (2) Total outstandings primarily includes auto and specialty lending loans and leases of $54.0 billion, U.S. securities-based lending loans of $46.5 billion and non-U.S. consumer loans of $2.8 billion. (3) Consumer loans accounted for under the fair value option includes residential mortgage loans of $67 million and home equity loans of $186 million. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.5 billion and non-U.S. commercial loans of $1.5 billion. For more information, see Note 14 – Fair Value Measurements and Note 15 – Fair Value Option . (4) Total outstandings includes U.S. commercial real estate loans of $67.3 billion and non-U.S. commercial real estate loans of $5.9 billion. (5) Includes Paycheck Protection Program loans. (6) Total outstandings includes loans and leases pledged as collateral of $40.3 billion. The Corporation also pledged $227.7 billion of loans with no related outstanding borrowings to secure potential borrowing capacity with the Federal Reserve Bank and Federal Home Loan Bank. 30-59 Days (1) 60-89 Days Past Due (1) 90 Days or (1) Total Past Total Current or Less Than 30 Days Past Due (1) Loans Total Outstandings (Dollars in millions) December 31, 2022 Consumer real estate Residential mortgage $ 1,077 $ 245 $ 945 $ 2,267 $ 227,403 $ 229,670 Home equity 88 32 211 331 26,232 26,563 Credit card and other consumer Credit card 466 322 717 1,505 91,916 93,421 Direct/Indirect consumer (2) 204 59 45 308 105,928 106,236 Other consumer — — — — 156 156 Total consumer 1,835 658 1,918 4,411 451,635 456,046 Consumer loans accounted for under the fair value option (3) $ 339 339 Total consumer loans and leases 1,835 658 1,918 4,411 451,635 339 456,385 Commercial U.S. commercial 827 288 330 1,445 357,036 358,481 Non-U.S. commercial 317 59 144 520 123,959 124,479 Commercial real estate (4) 409 81 77 567 69,199 69,766 Commercial lease financing 49 9 11 69 13,575 13,644 U.S. small business commercial (5) 107 63 356 526 17,034 17,560 Total commercial 1,709 500 918 3,127 580,803 583,930 Commercial loans accounted for under the fair value option (3) 5,432 5,432 Total commercial loans and leases 1,709 500 918 3,127 580,803 5,432 589,362 Total loans and leases (6) $ 3,544 $ 1,158 $ 2,836 $ 7,538 $ 1,032,438 $ 5,771 $ 1,045,747 Percentage of outstandings 0.34 % 0.11 % 0.27 % 0.72 % 98.73 % 0.55 % 100.00 % (1) Consumer real estate loans 30-59 days past due includes fully-insured loans of $184 million and nonperforming loans of $155 million. Consumer real estate loans 60-89 days past due includes fully-insured loans of $75 million and nonperforming loans of $88 million. Consumer real estate loans 90 days or more past due includes fully-insured loans of $368 million and nonperforming loans of $788 million. Consumer real estate loans current or less than 30 days past due includes $1.6 billion, and direct/indirect consumer includes $27 million of nonperforming loans. (2) Total outstandings primarily includes auto and specialty lending loans and leases of $51.8 billion, U.S. securities-based lending loans of $50.4 billion and non-U.S. consumer loans of $3.0 billion. (3) Consumer loans accounted for under the fair value option includes residential mortgage loans of $71 million and home equity loans of $268 million. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.9 billion and non-U.S. commercial loans of $2.5 billion. For more information, see Note 14 – Fair Value Measurements and Note 15 – Fair Value Option . (4) Total outstandings includes U.S. commercial real estate loans of $64.9 billion and non-U.S. commercial real estate loans of $4.8 billion. (5) Includes Paycheck Protection Program loans. (6) Total outstandings includes loans and leases pledged as collateral of $18.5 billion. The Corporation also pledged $163.6 billion of loans with no related outstanding borrowings to secure potential borrowing capacity with the Federal Reserve Bank and Federal Home Loan Bank.
Schedule of Financing Receivables, Non Accrual Status	The following table presents the Corporation’s nonperforming loans and leases and loans accruing past due 90 days or more at September 30, 2023 and December 31, 2022. Nonperforming LHFS are excluded from nonperforming loans and leases as they are recorded at either fair value or the lower of cost or fair value. For more information on the criteria for classification as nonperforming, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . Credit Quality Nonperforming Loans Accruing Past Due (Dollars in millions) September 30 December 31 September 30 December 31 Residential mortgage (1) $ 2,185 $ 2,167 $ 265 $ 368 With no related allowance (2) 1,987 1,973 — — Home equity (1) 479 510 — — With no related allowance (2) 393 393 — — Credit Card n/a n/a 1,016 717 Direct/indirect consumer 128 77 1 2 Total consumer 2,792 2,754 1,282 1,087 U.S. commercial 561 553 85 190 Non-U.S. commercial 102 212 4 25 Commercial real estate 1,343 271 6 46 Commercial lease financing 18 4 5 8 U.S. small business commercial 17 14 185 355 Total commercial 2,041 1,054 285 624 Total nonperforming loans $ 4,833 $ 3,808 $ 1,567 $ 1,711 Percentage of outstanding loans and leases 0.46 % 0.37 % 0.15 % 0.16 % (1) Residential mortgage loans accruing past due 90 days or more are fully-insured loans. At September 30, 2023 and December 31, 2022 residential mortgage included $180 million and $260 million of loans on which interest had been curtailed by the Federal Housing Administration (FHA), and therefore were no longer accruing interest, although principal was still insured, and $85 million and $108 million of loans on which interest was still accruing. (2) Primarily relates to loans for which the estimated fair value of the underlying collateral less any costs to sell is greater than the amortized cost of the loans as of the reporting date.
Financing Receivable Credit Quality Indicators	The following tables present certain credit quality indicators and gross charge-offs for the Corporation's Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments by year of origination, except for revolving loans and revolving loans that were modified into term loans, which are shown on an aggregate basis at September 30, 2023. Residential Mortgage – Credit Quality Indicators By Vintage Term Loans by Origination Year (Dollars in millions) Total as of 2023 2022 2021 2020 2019 Prior Residential Mortgage Refreshed LTV Less than or equal to 90 percent $ 214,919 $ 12,117 $ 38,307 $ 77,128 $ 35,708 $ 17,751 $ 33,908 Greater than 90 percent but less than or equal to 100 percent 2,288 593 1,153 391 78 35 38 Greater than 100 percent 917 262 439 129 34 14 39 Fully-insured loans 11,042 351 374 3,483 2,893 867 3,074 Total Residential Mortgage $ 229,166 $ 13,323 $ 40,273 $ 81,131 $ 38,713 $ 18,667 $ 37,059 Residential Mortgage Refreshed FICO score Less than 620 $ 2,269 $ 78 $ 432 $ 578 $ 382 $ 118 $ 681 Greater than or equal to 620 and less than 680 4,737 301 999 1,187 774 316 1,160 Greater than or equal to 680 and less than 740 23,364 1,416 4,743 6,977 3,860 1,920 4,448 Greater than or equal to 740 187,754 11,177 33,725 68,906 30,804 15,446 27,696 Fully-insured loans 11,042 351 374 3,483 2,893 867 3,074 Total Residential Mortgage $ 229,166 $ 13,323 $ 40,273 $ 81,131 $ 38,713 $ 18,667 $ 37,059 Gross charge-offs for the nine months ended $ 26 $ — $ 4 $ 8 $ 4 $ 2 $ 8 Home Equity - Credit Quality Indicators Total Home Equity Loans and Reverse Mortgages (1) Revolving Loans Revolving Loans Converted to Term Loans (Dollars in millions) September 30, 2023 Home Equity Refreshed LTV Less than or equal to 90 percent $ 25,336 $ 1,102 $ 19,944 $ 4,290 Greater than 90 percent but less than or equal to 100 percent 66 17 36 13 Greater than 100 percent 90 34 36 20 Total Home Equity $ 25,492 $ 1,153 $ 20,016 $ 4,323 Home Equity Refreshed FICO score Less than 620 $ 662 $ 134 $ 228 $ 300 Greater than or equal to 620 and less than 680 1,129 125 568 436 Greater than or equal to 680 and less than 740 4,237 253 2,961 1,023 Greater than or equal to 740 19,464 641 16,259 2,564 Total Home Equity $ 25,492 $ 1,153 $ 20,016 $ 4,323 Gross charge-offs for the nine months ended September 30, 2023 $ 18 $ 2 $ 8 $ 8 (1) Includes reverse mortgages of $788 million and home equity loans of $366 million, which are no longer originated. Credit Card and Direct/Indirect Consumer – Credit Quality Indicators By Vintage Direct/Indirect Term Loans by Origination Year Credit Card (Dollars in millions) Total Direct/ Revolving Loans 2023 2022 2021 2020 2019 Prior Total Credit Card as of September 30, Revolving Loans Revolving Loans Converted to Term Loans (1) Refreshed FICO score Less than 620 $ 1,133 $ 11 $ 186 $ 394 $ 332 $ 93 $ 60 $ 57 $ 4,957 $ 4,681 $ 276 Greater than or equal to 620 and less than 680 2,502 12 745 861 558 151 87 88 11,440 11,189 251 Greater than or equal to 680 and less than 740 8,741 48 2,851 2,850 1,857 552 297 286 34,219 33,999 220 Greater than or equal to 740 41,720 74 13,418 12,831 8,602 3,303 1,739 1,753 49,071 49,021 50 Other internal credit metrics (2,3) 49,963 49,285 72 175 145 54 55 177 — — — Total credit card and other $ 104,059 $ 49,430 $ 17,272 $ 17,111 $ 11,494 $ 4,153 $ 2,238 $ 2,361 $ 99,687 $ 98,890 $ 797 Gross charge-offs for the nine $ 153 $ 3 $ 13 $ 65 $ 37 $ 11 $ 7 $ 17 $ 2,220 $ 2,139 $ 81 (1) Represents loans that were modified into term loans. (2) Other internal credit metrics may include delinquency status, geography or other factors. (3) Direct/indirect consumer includes $49.3 billion of securities-based lending, which is typically supported by highly liquid collateral with market value greater than or equal to the outstanding loan balance and therefore has minimal credit risk at September 30, 2023. Commercial – Credit Quality Indicators By Vintage (1) Term Loans Amortized Cost Basis by Origination Year (Dollars in millions) Total as of 2023 2022 2021 2020 2019 Prior Revolving Loans U.S. Commercial Risk ratings Pass rated $ 344,382 $ 28,937 $ 46,312 $ 28,465 $ 14,786 $ 13,015 $ 31,832 $ 181,035 Reservable criticized 11,948 157 1,203 817 419 733 1,379 7,240 Total U.S. Commercial $ 356,330 $ 29,094 $ 47,515 $ 29,282 $ 15,205 $ 13,748 $ 33,211 $ 188,275 Gross charge-offs for the nine months ended September 30, 2023 $ 117 $ 2 $ 12 $ 21 $ 1 $ 1 $ 18 $ 62 Non-U.S. Commercial Risk ratings Pass rated $ 121,753 $ 12,530 $ 17,368 $ 16,282 $ 2,770 $ 3,078 $ 6,528 $ 63,197 Reservable criticized 1,960 26 183 272 147 244 174 914 Total Non-U.S. Commercial $ 123,713 $ 12,556 $ 17,551 $ 16,554 $ 2,917 $ 3,322 $ 6,702 $ 64,111 Gross charge-offs for the nine months ended $ 31 $ — $ — $ 8 $ 7 $ 1 $ — $ 15 Commercial Real Estate Risk ratings Pass rated $ 65,055 $ 3,452 $ 16,292 $ 12,454 $ 4,393 $ 8,034 $ 10,771 $ 9,659 Reservable criticized 8,138 65 662 1,674 530 1,847 2,970 390 Total Commercial Real Estate $ 73,193 $ 3,517 $ 16,954 $ 14,128 $ 4,923 $ 9,881 $ 13,741 $ 10,049 Gross charge-offs for the nine months ended $ 139 $ 2 $ — $ — $ — $ 44 $ 93 $ — Commercial Lease Financing Risk ratings Pass rated $ 13,703 $ 2,618 $ 3,107 $ 2,348 $ 1,519 $ 1,306 $ 2,805 $ — Reservable criticized 201 6 31 49 23 32 60 — Total Commercial Lease Financing $ 13,904 $ 2,624 $ 3,138 $ 2,397 $ 1,542 $ 1,338 $ 2,865 $ — Gross charge-offs for the nine months ended $ 3 $ — $ — $ 2 $ 1 $ — $ — $ — U.S. Small Business Commercial (2) Risk ratings Pass rated $ 8,919 $ 1,476 $ 1,849 $ 1,617 $ 922 $ 752 $ 1,886 $ 417 Reservable criticized 379 5 45 89 44 66 127 3 Total U.S. Small Business Commercial $ 9,298 $ 1,481 $ 1,894 $ 1,706 $ 966 $ 818 $ 2,013 $ 420 Gross charge-offs for the nine months ended $ 31 $ — $ 2 $ 1 $ 14 $ 2 $ 3 $ 9 Total $ 576,438 $ 49,272 $ 87,052 $ 64,067 $ 25,553 $ 29,107 $ 58,532 $ 262,855 Gross charge-offs for the nine months ended September 30, 2023 $ 321 $ 4 $ 14 $ 32 $ 23 $ 48 $ 114 $ 86 (1) Excludes $4.0 billion of loans accounted for under the fair value option at September 30, 2023. (2) Excludes U.S. Small Business Card loans of $9.9 billion. Refreshed FICO scores for this portfolio are $473 million for less than 620; $1.0 billion for greater than or equal to 620 and less than 680; $2.7 billion for greater than or equal to 680 and less than 740; and $5.7 billion greater than or equal to 740. Excludes U.S. Small Business Card loans gross charge-offs of $223 million. The following tables present certain credit quality indicators for the Corporation's Consumer Real Estate, Credit Card and Other Consumer, and Commercial portfolio segments by year of origination, except for revolving loans and revolving loans that were modified into term loans, which are shown on an aggregate basis at December 31, 2022. Residential Mortgage – Credit Quality Indicators By Vintage Term Loans by Origination Year (Dollars in millions) Total as of 2022 2021 2020 2019 2018 Prior Residential Mortgage Refreshed LTV Less than or equal to 90 percent $ 215,713 $ 39,625 $ 81,437 $ 37,228 $ 18,980 $ 5,734 $ 32,709 Greater than 90 percent but less than or equal to 100 percent 1,615 950 530 93 15 8 19 Greater than 100 percent 648 374 169 43 15 8 39 Fully-insured loans 11,694 580 3,667 3,102 949 156 3,240 Total Residential Mortgage $ 229,670 $ 41,529 $ 85,803 $ 40,466 $ 19,959 $ 5,906 $ 36,007 Residential Mortgage Refreshed FICO score Less than 620 $ 2,156 $ 377 $ 518 $ 373 $ 124 $ 84 $ 680 Greater than or equal to 620 and less than 680 4,978 1,011 1,382 840 329 233 1,183 Greater than or equal to 680 and less than 740 25,444 5,411 8,290 4,369 2,187 830 4,357 Greater than or equal to 740 185,398 34,150 71,946 31,782 16,370 4,603 26,547 Fully-insured loans 11,694 580 3,667 3,102 949 156 3,240 Total Residential Mortgage $ 229,670 $ 41,529 $ 85,803 $ 40,466 $ 19,959 $ 5,906 $ 36,007 Gross charge-offs for the year ended December 31, 2022 $ 161 $ — $ 6 $ 5 $ 6 $ 1 $ 143 Home Equity - Credit Quality Indicators Total Home Equity Loans and Reverse Mortgages (1) Revolving Loans Revolving Loans Converted to Term Loans (Dollars in millions) December 31, 2022 Home Equity Refreshed LTV Less than or equal to 90 percent $ 26,395 $ 1,304 $ 19,960 $ 5,131 Greater than 90 percent but less than or equal to 100 percent 62 20 24 18 Greater than 100 percent 106 37 35 34 Total Home Equity $ 26,563 $ 1,361 $ 20,019 $ 5,183 Home Equity Refreshed FICO score Less than 620 $ 683 $ 166 $ 189 $ 328 Greater than or equal to 620 and less than 680 1,190 152 507 531 Greater than or equal to 680 and less than 740 4,321 312 2,747 1,262 Greater than or equal to 740 20,369 731 16,576 3,062 Total Home Equity $ 26,563 $ 1,361 $ 20,019 $ 5,183 Gross charge-offs for the year ended December 31, 2022 $ 45 $ 5 $ 24 $ 16 (1) Includes reverse mortgages of $937 million and home equity loans of $424 million, which are no longer originated. Credit Card and Direct/Indirect Consumer – Credit Quality Indicators By Vintage Direct/Indirect Term Loans by Origination Year Credit Card (Dollars in millions) Total Direct/Indirect as of December 31, 2022 Revolving Loans 2022 2021 2020 2019 2018 Prior Total Credit Card as of December 31, 2022 Revolving Loans Revolving Loans Converted to Term Loans (1) Refreshed FICO score Less than 620 $ 847 $ 12 $ 237 $ 301 $ 113 $ 84 $ 43 $ 57 $ 4,056 $ 3,866 $ 190 Greater than or equal to 620 and less than 680 2,521 12 1,108 816 269 150 69 97 10,994 10,805 189 Greater than or equal to 680 and less than 740 8,895 52 4,091 2,730 992 520 214 296 32,186 32,017 169 Greater than or equal to 740 39,679 83 16,663 11,392 5,630 2,992 1,236 1,683 46,185 46,142 43 Other internal credit metrics (2, 3) 54,294 53,404 259 305 70 57 40 159 — — — Total credit card and other $ 106,236 $ 53,563 $ 22,358 $ 15,544 $ 7,074 $ 3,803 $ 1,602 $ 2,292 $ 93,421 $ 92,830 $ 591 Gross charge-offs for the year $ 232 $ 7 $ 31 $ 79 $ 34 $ 27 $ 14 $ 40 $ 1,985 $ 1,909 $ 76 (1) Represents TDRs that were modified into term loans. (2) Other internal credit metrics may include delinquency status, geography or other factors. (3) Direct/indirect consumer includes $53.4 billion of securities-based lending, which is typically supported by highly liquid collateral with market value greater than or equal to the outstanding loan balance and therefore has minimal credit risk at December 31, 2022. Commercial – Credit Quality Indicators By Vintage (1) Term Loans Amortized Cost Basis by Origination Year (Dollars in millions) Total as of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans U.S. Commercial Risk ratings Pass rated $ 348,447 $ 61,200 $ 39,717 $ 18,609 $ 16,566 $ 8,749 $ 30,282 $ 173,324 Reservable criticized 10,034 278 794 697 884 1,202 856 5,323 Total U.S. Commercial $ 358,481 $ 61,478 $ 40,511 $ 19,306 $ 17,450 $ 9,951 $ 31,138 $ 178,647 Gross charge-offs for the year ended $ 151 $ 2 $ 24 $ 24 $ 9 $ 6 $ 13 $ 73 Non-U.S. Commercial Risk ratings Pass rated $ 121,890 $ 24,839 $ 19,098 $ 5,183 $ 3,882 $ 2,423 $ 4,697 $ 61,768 Reservable criticized 2,589 45 395 331 325 98 475 920 Total Non-U.S. Commercial $ 124,479 $ 24,884 $ 19,493 $ 5,514 $ 4,207 $ 2,521 $ 5,172 $ 62,688 Gross charge-offs for the year ended $ 41 $ — $ 3 $ 1 $ — $ 37 $ — $ — Commercial Real Estate Risk ratings Pass rated $ 64,619 $ 15,290 $ 13,089 $ 5,756 $ 9,013 $ 4,384 $ 8,606 $ 8,481 Reservable criticized 5,147 11 837 545 1,501 1,151 1,017 85 Total Commercial Real Estate $ 69,766 $ 15,301 $ 13,926 $ 6,301 $ 10,514 $ 5,535 $ 9,623 $ 8,566 Gross charge-offs for the year ended $ 75 $ — $ — $ 6 $ — $ 26 $ 43 $ — Commercial Lease Financing Risk ratings Pass rated $ 13,404 $ 3,255 $ 2,757 $ 1,955 $ 1,578 $ 1,301 $ 2,558 $ — Reservable criticized 240 9 35 12 71 50 63 — Total Commercial Lease Financing $ 13,644 $ 3,264 $ 2,792 $ 1,967 $ 1,649 $ 1,351 $ 2,621 $ — Gross charge-offs for the year ended $ 8 $ — $ 4 $ — $ 4 $ — $ — $ — U.S. Small Business Commercial (2) Risk ratings Pass rated $ 8,726 $ 1,825 $ 1,953 $ 1,408 $ 864 $ 624 $ 1,925 $ 127 Reservable criticized 329 11 35 48 76 51 105 3 Total U.S. Small Business Commercial $ 9,055 $ 1,836 $ 1,988 $ 1,456 $ 940 $ 675 $ 2,030 $ 130 Gross charge-offs for the year ended $ 31 $ — $ 1 $ 11 $ 4 $ 1 $ 6 $ 8 Total $ 575,425 $ 106,763 $ 78,710 $ 34,544 $ 34,760 $ 20,033 $ 50,584 $ 250,031 Total gross charge-offs for the year ended $ 306 $ 2 $ 32 $ 42 $ 17 $ 70 $ 62 $ 81 (1) Excludes $5.4 billion of loans accounted for under the fair value option at December 31, 2022.
Troubled Debt Restructurings on Financing Receivables	The table below provides aging information as of September 30, 2023 for consumer real estate loans modified since January 1, 2023. Consumer Real Estate - Payment Status of Modifications to Borrowers in Financial Difficulty (1) Current 30–89 Days 90+ Days Total (Dollars in millions) September 30, 2023 Residential mortgage $ 295 $ 114 $ 156 $ 565 Home equity 51 11 28 90 Total $ 346 $ 125 $ 184 $ 655 (1) Excludes trial modifications and Chapter 7 discharges Commercial Loans - Modifications to Borrowers in Financial Difficulty Term Extension Forbearances Interest Rate Reduction Total (Dollars in millions) Three Months Ended September 30, 2023 U.S. Commercial $ 431 $ 24 $ — $ 455 Non-U.S. Commercial 130 — 24 154 Commercial Real Estate 599 219 — 818 Total $ 1,160 $ 243 $ 24 $ 1,427 Nine Months Ended September 30, 2023 U.S. Commercial $ 768 $ 33 $ — $ 801 Non-U.S. Commercial 162 — 24 186 Commercial Real Estate 1,069 287 — 1,356 Total $ 1,999 $ 320 $ 24 $ 2,343 Commercial - Payment Status of Modified Loans to Borrowers in Financial Difficulty Current 30–89 Days 90+ Days Total % of Total Class of Financing Receivable (Dollars in millions) September 30, 2023 U.S. Commercial $ 766 $ 21 $ 14 $ 801 0.22 % Non-U.S. Commercial 186 — — 186 0.15 Commercial Real Estate 1,083 60 213 1,356 1.85 Total $ 2,035 $ 81 $ 227 $ 2,343 0.42 The table below presents the September 30, 2022 unpaid principal balance, carrying value, and average pre- and post-modification interest rates of consumer real estate loans that were modified in TDRs during the three and nine months ended September 30, 2022. The following Consumer Real Estate portfolio segment tables include loans that were initially classified as TDRs during the period and also loans that had previously been classified as TDRs and were modified again during the period. Binding trial modifications are classified as TDRs when the trial offer is made and continue to be classified as TDRs regardless of whether the borrower enters into a permanent modification. At December 31, 2022, remaining commitments to lend additional funds to debtors whose terms have been modified in a consumer real estate TDR were not significant. Consumer Real Estate – TDRs Entered into During the Three and Nine Months Ended September 30, 2022 Unpaid Principal Balance Carrying Pre-Modification Interest Rate Post-Modification Interest Rate (1) Unpaid Principal Balance Carrying Pre-Modification Interest Rate Post-Modification Interest Rate (1) (Dollars in millions) Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Residential mortgage $ 420 $ 379 3.35 % 3.34 % $ 1,036 $ 929 3.50 % 3.36 % Home equity 99 86 4.58 4.83 216 176 4.20 4.31 Total $ 519 $ 465 3.58 3.62 $ 1,252 $ 1,105 3.62 3.52 (1) The post-modification interest rate reflects the interest rate applicable only to permanently completed modifications, which exclude loans that are in a trial modification period. The table below presents the September 30, 2022 carrying value for consumer real estate loans that were modified in a TDR during the three and nine months ended September 30, 2022, by type of modification. Consumer Real Estate – Modification Programs (Dollars in millions) TDRs Entered into During the TDRs Entered into During the Modifications under proprietary programs $ 420 $ 999 Loans discharged in Chapter 7 bankruptcy (1) 4 12 Trial modifications 41 94 Total modifications $ 465 $ 1,105 (1) Includes loans discharged in Chapter 7 bankruptcy with no change in repayment terms that are classified as TDRs. The table below presents the carrying value of consumer real estate loans that entered into payment default during the three and nine months ended September 30, 2022 that were modified in a TDR during the 12 months preceding payment default. A payment default for consumer real estate TDRs is recognized when a borrower has missed three monthly payments (not necessarily consecutively) since modification. Consumer Real Estate – TDRs Entering Payment Default that were Modified During the Preceding 12 Months (Dollars in millions) Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Modifications under proprietary programs $ 63 $ 135 Loans discharged in Chapter 7 bankruptcy (1) 1 2 Trial modifications (2) 8 19 Total modifications $ 72 $ 156 (1) Includes loans discharged in Chapter 7 bankruptcy with no change in repayment terms that are classified as TDRs. (2) Includes trial modification offers to which the customer did not respond. The table below provides information on the Corporation’s Credit Card and Other Consumer TDR portfolio including the September 30, 2022 unpaid principal balance, carrying value, and average pre- and post-modification interest rates of loans that were modified in TDRs during the three and nine months ended September 30, 2022. Credit Card and Other Consumer – TDRs Entered into During the Three and Nine Months Ended September 30, 2022 Unpaid Principal Balance Carrying Value (1) Pre-Modification Interest Rate Post-Modification Interest Rate Unpaid Principal Balance Carrying (1) Pre-Modification Interest Rate Post-Modification Interest Rate (Dollars in millions) Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Credit card $ 86 $ 90 21.17 % 3.80 % $ 198 $ 206 21.02 % 3.82 % Direct/Indirect consumer 2 2 5.65 5.65 5 4 5.48 5.48 Total $ 88 $ 92 20.87 3.83 $ 203 $ 210 20.69 3.86 (1) Includes accrued interest and fees. The table below presents the September 30, 2022 carrying value for Credit Card and Other Consumer loans that were modified in a TDR during the three and nine months ended September 30, 2022 by program type. Credit Card and Other Consumer – TDRs by Program Type (1) (Dollars in millions) TDRs Entered into During the TDRs Entered into During the Internal programs $ 77 $ 174 External programs 13 32 Other 2 4 Total $ 92 $ 210 (1) Includes accrued interest and fees.
Changes in the Allowance for Credit Losses	The changes in the allowance for credit losses, including net charge-offs and provision for loan and lease losses, are detailed in the following table. Consumer Credit Card and Commercial Total (Dollars in millions) Three Months Ended September 30, 2023 Allowance for loan and lease losses, July 1 $ 427 $ 7,323 $ 5,200 $ 12,950 Loans and leases charged off (15) (994) (178) (1,187) Recoveries of loans and leases previously charged off 27 178 51 256 Net charge-offs 12 (816) (127) (931) Provision for loan and lease losses (28) 1,247 49 1,268 Other 1 1 (2) — Allowance for loan and lease losses, September 30 412 7,755 5,120 13,287 Reserve for unfunded lending commitments, July 1 86 — 1,302 1,388 Provision for unfunded lending commitments (1) — (33) (34) Other — — (1) (1) Reserve for unfunded lending commitments, September 30 85 — 1,268 1,353 Allowance for credit losses, September 30 $ 497 $ 7,755 $ 6,388 $ 14,640 Three Months Ended September 30, 2022 Allowance for loan and lease losses, July 1 $ 396 $ 6,216 $ 5,361 $ 11,973 Loans and leases charged off (13) (696) (100) (809) Recoveries of loans and leases previously charged off 34 216 39 289 Net charge-offs 21 (480) (61) (520) Provision for loan and lease losses (37) 760 122 845 Other 4 — — 4 Allowance for loan and lease losses, September 30 384 6,496 5,422 12,302 Reserve for unfunded lending commitments, July 1 79 — 1,382 1,461 Provision for unfunded lending commitments (1) — 54 53 Other — — 1 1 Reserve for unfunded lending commitments, September 30 78 — 1,437 1,515 Allowance for credit losses, September 30 $ 462 $ 6,496 $ 6,859 $ 13,817 (Dollars in millions) Nine Months Ended September 30, 2023 Allowance for loan and lease losses, December 31 $ 420 $ 6,817 $ 5,445 $ 12,682 January 1, 2023 adoption of credit loss standard (67) (109) (67) (243) Allowance for loan and lease losses, January 1 353 6,708 5,378 12,439 Loans and leases charged off (44) (2,779) (544) (3,367) Recoveries of loans and leases previously charged off 81 565 114 760 Net charge-offs 37 (2,214) (430) (2,607) Provision for loan and lease losses 14 3,259 204 3,477 Other 8 2 (32) (22) Allowance for loan and lease losses, September 30 412 7,755 5,120 13,287 Reserve for unfunded lending commitments, January 1 94 — 1,446 1,540 Provision for unfunded lending commitments (9) — (178) (187) Reserve for unfunded lending commitments, September 30 85 — 1,268 1,353 Allowance for credit losses, September 30 $ 497 $ 7,755 $ 6,388 $ 14,640 Nine Months Ended September 30, 2022 Allowance for loan and lease losses, January 1 $ 557 $ 6,476 $ 5,354 $ 12,387 Loans and leases charged off (196) (2,007) (284) (2,487) Recoveries of loans and leases previously charged off 195 684 125 1,004 Net charge-offs (1) (1,323) (159) (1,483) Provision for loan and lease losses (179) 1,344 229 1,394 Other 7 (1) (2) 4 Allowance for loan and lease losses, September 30 384 6,496 5,422 12,302 Reserve for unfunded lending commitments, January 1 96 — 1,360 1,456 Provision for unfunded lending commitments (18) — 75 57 Other — — 2 2 Reserve for unfunded lending commitments, September 30 78 — 1,437 1,515 Allowance for credit losses, September 30 $ 462 $ 6,496 $ 6,859 $ 13,817

Securitizations and Other Var_2

Securitizations and Other Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Mortgage Related Securitizations	The table below summarizes select information related to first-lien mortgage securitizations for the three and nine months ended September 30, 2023 and 2022. First-lien Mortgage Securitizations Residential Mortgage - Agency Commercial Mortgage Three Months Ended September 30 Nine Months Ended September 30 Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 2023 2022 Proceeds from loan sales (1) $ 1,220 $ 3,259 $ 3,475 $ 7,000 $ 1,167 $ 779 $ 1,764 $ 5,194 Gains on securitizations (2) (2) — (6) 8 33 13 35 39 Repurchases from securitization trusts (3) 10 21 24 46 — — — — (1) The Corporation transfers residential mortgage loans to securitizations sponsored primarily by the government-sponsored enterprises or Government National Mortgage Association (GNMA) in the normal course of business and primarily receives residential mortgage-backed securities in exchange. Substantially all of these securities are classified as Level 2 within the fair value hierarchy and are typically sold shortly after receipt. (2) A majority of the first-lien residential mortgage loans securitized are initially classified as LHFS and accounted for under the fair value option. Gains recognized on these LHFS prior to securitization, which totaled $17 million and $34 million net of hedges, during the three and nine months ended September 30, 2023 compared to $5 million and $35 million for the same periods in 2022, are not included in the table above. (3) The Corporation may have the option to repurchase delinquent loans out of securitization trusts, which reduces the amount of servicing advances it is required to make. The Corporation may also repurchase loans from securitization trusts to perform modifications. Repurchased loans include FHA-insured mortgages collateralizing GNMA securities.
Variable Interest Entity [Line Items]
Schedule of Variable Interest Entities	The table below summarizes select information related to home equity, credit card and other asset-backed VIEs in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. Home Equity Loan, Credit Card and Other Asset-backed VIEs Home Equity (1) Credit Card and Automobile (2) Resecuritization Trusts Municipal Bond Trusts (Dollars in millions) Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Unconsolidated VIEs Maximum loss exposure $ — $ 119 $ — $ — $ 4,683 $ 4,243 $ 2,030 $ 2,537 On-balance sheet assets Securities (3) : Trading account assets $ — $ — $ — $ — $ 1,465 $ 456 $ — $ — Debt securities carried at fair value — 1 — — 916 1,259 — — Held-to-maturity securities — — — — 2,302 2,528 — — Total retained positions $ — $ 1 $ — $ — $ 4,683 $ 4,243 $ — $ — Total assets of VIEs $ 264 $ 326 $ — $ — $ 18,187 $ 12,255 $ 2,486 $ 3,016 Consolidated VIEs Maximum loss exposure $ 13 $ 32 $ 8,361 $ 9,555 $ 119 $ 551 $ 2,121 $ — On-balance sheet assets Trading account assets $ — $ — $ — $ — $ 291 $ 650 $ 2,071 $ — Debt securities carried at fair value — — — — — — 50 — Loans and leases 34 97 15,233 14,555 — — — — Allowance for loan and lease losses 7 12 (815) (808) — — — — All other assets 1 2 111 68 — — — — Total assets $ 42 $ 111 $ 14,529 $ 13,815 $ 291 $ 650 $ 2,121 $ — On-balance sheet liabilities Short-term borrowings $ — $ — $ — $ — $ — $ — $ 2,036 $ — Long-term debt 29 79 6,156 4,247 172 99 — — All other liabilities — — 12 13 — — — — Total liabilities $ 29 $ 79 $ 6,168 $ 4,260 $ 172 $ 99 $ 2,036 $ — (1) For unconsolidated home equity loan VIEs, the maximum loss exposure includes outstanding trust certificates issued by trusts in rapid amortization, net of recorded reserves. For both consolidated and unconsolidated home equity loan VIEs, the maximum loss exposure excludes the reserve for representations and warranties obligations and corporate guarantees. For more information, see Note 10 – Commitments and Contingencies . (2) At September 30, 2023 and December 31, 2022, loans and leases in the consolidated credit card trust included $3.6 billion and $3.3 billion of seller’s interest.
First Lien Mortgages
Variable Interest Entity [Line Items]
Schedule of Variable Interest Entities	The following table summarizes select information related to first-lien mortgage securitization trusts in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. First-lien Mortgage VIEs Residential Mortgage Non-agency Agency Prime Subprime Alt-A Commercial Mortgage (Dollars in millions) Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Sep 30 Dec 31 Unconsolidated VIEs Maximum loss exposure (1) $ 8,280 $ 9,112 $ 83 $ 91 $ 655 $ 735 $ 9 $ 28 $ 1,461 $ 1,594 On-balance sheet assets Senior securities: Trading account assets $ 284 $ 232 $ 4 $ 3 $ 20 $ 25 $ 7 $ 26 $ 17 $ 91 Debt securities carried at fair value 2,482 3,027 — — 342 410 — — — — Held-to-maturity securities 5,514 5,853 — — — — — — 1,293 1,268 All other assets — — 2 3 22 25 2 2 45 101 Total retained positions $ 8,280 $ 9,112 $ 6 $ 6 $ 384 $ 460 $ 9 $ 28 $ 1,355 $ 1,460 Principal balance outstanding (2) $ 76,572 $ 81,644 $ 3,589 $ 3,973 $ 4,600 $ 5,034 $ 10,650 $ 11,568 $ 81,080 $ 85,101 Consolidated VIEs Maximum loss exposure (1) $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — On-balance sheet assets Trading account assets $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — Loans and leases, net — — — — — — — — — — Total assets $ 1,914 $ 1,735 $ — $ — $ — $ 78 $ — $ — $ — $ — Total liabilities $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — (1) Maximum loss exposure includes obligations under loss-sharing reinsurance and other arrangements for non-agency residential mortgage and commercial mortgage securitizations, but excludes the reserve for representations and warranties obligations and corporate guarantees and also excludes servicing advances and other servicing rights and obligations. For more information, see Note 10 – Commitments and Contingencies and Note 14 – Fair Value Measurements . (2) Principal balance outstanding includes loans where the Corporation was the transferor to securitization VIEs with which it has continuing involvement, which may include servicing the loans.
Other Variable Interest Entities
Variable Interest Entity [Line Items]
Schedule of Variable Interest Entities	The table below summarizes select information related to other VIEs in which the Corporation held a variable interest at September 30, 2023 and December 31, 2022. Other VIEs Consolidated Unconsolidated Total Consolidated Unconsolidated (1) Total (1) (Dollars in millions) September 30, 2023 December 31, 2022 Maximum loss exposure $ 1,840 $ 47,375 $ 49,215 $ 2,286 $ 47,477 $ 49,763 On-balance sheet assets Trading account assets $ 378 $ 2,183 $ 2,561 $ 353 $ 2,187 $ 2,540 Debt securities carried at fair value — 125 125 — 473 473 Loans and leases 1,635 14,447 16,082 2,086 14,243 16,329 Allowance for loan and lease losses (1) (71) (72) (1) (99) (100) All other assets 60 30,164 30,224 46 30,221 30,267 Total $ 2,072 $ 46,848 $ 48,920 $ 2,484 $ 47,025 $ 49,509 On-balance sheet liabilities Short-term borrowings $ 23 $ — $ 23 $ 42 $ — $ 42 Long-term debt 209 — 209 156 — 156 All other liabilities — 7,104 7,104 — 7,318 7,318 Total $ 232 $ 7,104 $ 7,336 $ 198 $ 7,318 $ 7,516 (1) Prior period has been revised to include unconsolidated CLOs.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The table below presents goodwill balances by business segment at September 30, 2023 and December 31, 2022. The reporting units utilized for goodwill impairment testing are the operating segments or one level below. Goodwill (Dollars in millions) September 30 December 31 Consumer Banking $ 30,137 $ 30,137 Global Wealth & Investment Management 9,677 9,677 Global Banking 24,026 24,026 Global Markets 5,181 5,182 Total goodwill $ 69,021 $ 69,022

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Schedule of Net Investment in Sales-type and Direct Financing Leases	The table below presents the net investment in sales-type and direct financing leases at September 30, 2023 and December 31, 2022. Net Investment (1) (Dollars in millions) September 30 December 31 2022 Lease receivables $ 15,580 $ 15,123 Unguaranteed residuals 2,291 2,143 Total net investment in sales-type and direct $ 17,871 $ 17,266 (1) In certain cases, the Corporation obtains third-party residual value insurance to reduce its residual asset risk. The carrying value of residual assets with third-party residual value insurance for at least a portion of the asset value was $6.6 billion and $6.5 billion at September 30, 2023 and December 31, 2022.
Sales-type Lease, Lease Income	The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132
Operating Lease, Lease Income	The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132
Direct Financing Lease, Lease Income	The table below presents lease income for the three and nine months ended September 30, 2023 and 2022. Lease Income Three Months Ended Nine Months Ended (Dollars in millions) 2023 2022 2023 2022 Sales-type and direct financing leases $ 206 $ 149 $ 559 $ 428 Operating leases 233 241 705 704 Total lease income $ 439 $ 390 $ 1,264 $ 1,132
Supplemental Information	The table below provides information on the right-of-use assets and lease liabilities at September 30, 2023 and December 31, 2022. Lessee Arrangements (Dollars in millions) September 30 December 31 2022 Right-of-use asset $ 9,187 $ 9,755 Lease liabilities 9,799 10,359

Securities Financing Agreemen_2

Securities Financing Agreements, Collateral and Restricted Cash (Tables)	9 Months Ended
	Sep. 30, 2023
Offsetting Liabilities [Line Items]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings	The following tables present securities sold under agreements to repurchase and securities loaned by remaining contractual term to maturity and class of collateral pledged. Included in “Other” are transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged as collateral or sold. Certain agreements contain a right to substitute collateral and/or terminate the agreement prior to maturity at the option of the Corporation or the counterparty. Such agreements are included in the table below based on the remaining contractual term to maturity. For more information on collateral requirements, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Remaining Contractual Maturity Overnight and Continuous 30 Days or Less After 30 Days Through 90 Days Greater than 90 Days (1) Total (Dollars in millions) September 30, 2023 Securities sold under agreements to repurchase $ 257,669 $ 167,947 $ 78,648 $ 58,853 $ 563,117 Securities loaned 74,247 152 971 4,304 79,674 Other 8,304 — — — 8,304 Total $ 340,220 $ 168,099 $ 79,619 $ 63,157 $ 651,095 December 31, 2022 Securities sold under agreements to repurchase $ 200,087 $ 181,632 $ 41,666 $ 30,107 $ 453,492 Securities loaned 66,909 288 1,139 4,080 72,416 Other 8,427 — — — 8,427 Total $ 275,423 $ 181,920 $ 42,805 $ 34,187 $ 534,335 (1) No agreements have maturities greater than four years. Class of Collateral Pledged Securities Sold Under Agreements to Repurchase Securities Other Total (Dollars in millions) September 30, 2023 U.S. government and agency securities $ 310,064 $ — $ 20 $ 310,084 Corporate securities, trading loans and other 20,488 778 7 21,273 Equity securities 7,410 78,896 8,260 94,566 Non-U.S. sovereign debt 220,382 — 17 220,399 Mortgage trading loans and ABS 4,773 — — 4,773 Total $ 563,117 $ 79,674 $ 8,304 $ 651,095 December 31, 2022 U.S. government and agency securities $ 193,005 $ 18 $ — $ 193,023 Corporate securities, trading loans and other 14,345 2,896 317 17,558 Equity securities 10,249 69,432 8,110 87,791 Non-U.S. sovereign debt 232,171 70 — 232,241 Mortgage trading loans and ABS 3,722 — — 3,722 Total $ 453,492 $ 72,416 $ 8,427 $ 534,335
Securities Borrowed And Securities Purchased Under Agreements To Resell
Offsetting Liabilities [Line Items]
Offsetting Assets	The Securities Financing Agreements table presents securities financing agreements included on the Consolidated Balance Sheet in federal funds sold and securities borrowed or purchased under agreements to resell, and in federal funds purchased and securities loaned or sold under agreements to repurchase at September 30, 2023 and December 31, 2022. Balances are presented on a gross basis, prior to the application of counterparty netting. Gross assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements. For more information on the offsetting of derivatives, see Note 3 – Derivatives. For more information on the securities financing agreements and the offsetting of securities financing transactions, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Securities Financing Agreements Gross Assets/Liabilities (1) Amounts Offset Net Balance Sheet Amount Financial Instruments (2) Net Assets/Liabilities (Dollars in millions) September 30, 2023 Securities borrowed or purchased under agreements to resell (3) $ 651,337 $ (342,088) $ 309,249 $ (283,835) $ 25,414 Securities loaned or sold under agreements to repurchase $ 642,791 $ (342,088) $ 300,703 $ (285,522) $ 15,181 Other (4) 8,304 — 8,304 (8,304) — Total $ 651,095 $ (342,088) $ 309,007 $ (293,826) $ 15,181 December 31, 2022 Securities borrowed or purchased under agreements to resell (3) $ 597,847 $ (330,273) $ 267,574 $ (240,120) $ 27,454 Securities loaned or sold under agreements to repurchase $ 525,908 $ (330,273) $ 195,635 $ (183,265) $ 12,370 Other (4) 8,427 — 8,427 (8,427) — Total $ 534,335 $ (330,273) $ 204,062 $ (191,692) $ 12,370 (1) Includes activity where uncertainty exists as to the enforceability of certain master netting agreements under bankruptcy laws in some countries or industries. (2) Includes securities collateral received or pledged under repurchase or securities lending agreements where there is a legally enforceable master netting agreement. These amounts are not offset on the Consolidated Balance Sheet, but are shown as a reduction to derive a net asset or liability. Securities collateral received or pledged where the legal enforceability of the master netting agreements is uncertain is excluded from the table. (3) Excludes repurchase activity of $8.6 billion and $8.7 billion reported in loans and leases on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022. (4) Balance is reported in accrued expenses and other liabilities on the Consolidated Balance Sheet and relates to transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged as collateral or sold. In these transactions, the Corporation recognizes an asset at fair value, representing the securities received, and a liability, representing the obligation to return those securities.
Securities Loaned And Financial Assets Sold Under Agreements To Repurchase
Offsetting Liabilities [Line Items]
Offsetting Liabilities	The Securities Financing Agreements table presents securities financing agreements included on the Consolidated Balance Sheet in federal funds sold and securities borrowed or purchased under agreements to resell, and in federal funds purchased and securities loaned or sold under agreements to repurchase at September 30, 2023 and December 31, 2022. Balances are presented on a gross basis, prior to the application of counterparty netting. Gross assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements. For more information on the offsetting of derivatives, see Note 3 – Derivatives. For more information on the securities financing agreements and the offsetting of securities financing transactions, see Note 10 – Securities Financing Agreements, Short-term Borrowings, Collateral and Restricted Cash to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Securities Financing Agreements Gross Assets/Liabilities (1) Amounts Offset Net Balance Sheet Amount Financial Instruments (2) Net Assets/Liabilities (Dollars in millions) September 30, 2023 Securities borrowed or purchased under agreements to resell (3) $ 651,337 $ (342,088) $ 309,249 $ (283,835) $ 25,414 Securities loaned or sold under agreements to repurchase $ 642,791 $ (342,088) $ 300,703 $ (285,522) $ 15,181 Other (4) 8,304 — 8,304 (8,304) — Total $ 651,095 $ (342,088) $ 309,007 $ (293,826) $ 15,181 December 31, 2022 Securities borrowed or purchased under agreements to resell (3) $ 597,847 $ (330,273) $ 267,574 $ (240,120) $ 27,454 Securities loaned or sold under agreements to repurchase $ 525,908 $ (330,273) $ 195,635 $ (183,265) $ 12,370 Other (4) 8,427 — 8,427 (8,427) — Total $ 534,335 $ (330,273) $ 204,062 $ (191,692) $ 12,370 (1) Includes activity where uncertainty exists as to the enforceability of certain master netting agreements under bankruptcy laws in some countries or industries. (2) Includes securities collateral received or pledged under repurchase or securities lending agreements where there is a legally enforceable master netting agreement. These amounts are not offset on the Consolidated Balance Sheet, but are shown as a reduction to derive a net asset or liability. Securities collateral received or pledged where the legal enforceability of the master netting agreements is uncertain is excluded from the table. (3) Excludes repurchase activity of $8.6 billion and $8.7 billion reported in loans and leases on the Consolidated Balance Sheet at September 30, 2023 and December 31, 2022. (4) Balance is reported in accrued expenses and other liabilities on the Consolidated Balance Sheet and relates to transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged as collateral or sold. In these transactions, the Corporation recognizes an asset at fair value, representing the securities received, and a liability, representing the obligation to return those securities.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Credit Extension Commitment Expirations	The following table includes the notional amount of commitments of $1.8 billion and $3.0 billion at September 30, 2023 and December 31, 2022 that are accounted for under the fair value option. However, the table excludes the cumulative net fair value for these commitments of $62 million and $110 million at September 30, 2023 and December 31, 2022, which is classified in accrued expenses and other liabilities. For more information regarding the Corporation’s loan commitments accounted for under the fair value option, see Note 15 – Fair Value Option. Credit Extension Commitments Expire in One Expire After One Expire After Three Years Through Expire After Total (Dollars in millions) September 30, 2023 Notional amount of credit extension commitments Loan commitments (1) $ 127,520 $ 182,325 $ 206,569 $ 14,204 $ 530,618 Home equity lines of credit 2,328 8,975 11,403 22,273 44,979 Standby letters of credit and financial guarantees (2) 21,131 9,821 2,691 505 34,148 Letters of credit 888 32 257 25 1,202 Other commitments (3) 5 46 118 1,056 1,225 Legally binding commitments 151,872 201,199 221,038 38,063 612,172 Credit card lines (4) 440,277 — — — 440,277 Total credit extension commitments $ 592,149 $ 201,199 $ 221,038 $ 38,063 $ 1,052,449 December 31, 2022 Notional amount of credit extension commitments Loan commitments (1) $ 113,962 $ 162,890 $ 221,374 $ 13,667 $ 511,893 Home equity lines of credit 1,479 7,230 11,578 22,154 42,441 Standby letters of credit and financial guarantees (2) 22,565 9,237 2,787 628 35,217 Letters of credit 853 46 52 49 1,000 Other commitments (3) 5 93 71 1,103 1,272 Legally binding commitments 138,864 179,496 235,862 37,601 591,823 Credit card lines (4) 419,144 — — — 419,144 Total credit extension commitments $ 558,008 $ 179,496 $ 235,862 $ 37,601 $ 1,010,967 (1) At September 30, 2023 and December 31, 2022, $3.7 billion and $2.6 billion of these loan commitments were held in the form of a security. (2) The notional amounts of SBLCs and financial guarantees classified as investment grade and non-investment grade based on the credit quality of the underlying reference name within the instrument were $23.6 billion and $9.8 billion at September 30, 2023, and $25.1 billion and $9.5 billion at December 31, 2022. Amounts in the table include consumer SBLCs of $714 million and $575 million at September 30, 2023 and December 31, 2022. (3) Primarily includes second-loss positions on lease-end residual value guarantees.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Schedule of Dividends	Declared Quarterly Cash Dividends on Common Stock (1) Declaration Date Record Date Payment Date Dividend Per Share October 18, 2023 December 1, 2023 December 29, 2023 $ 0.24 July 19, 2023 September 1, 2023 September 29, 2023 0.24 April 26, 2023 June 2, 2023 June 30, 2023 0.22 February 1, 2023 March 3, 2023 March 31, 2023 0.22 (1) In 2023, and through October 31, 2023.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Schedule of Accumulated OCI	The table below presents the changes in accumulated OCI after-tax for the nine months ended September 30, 2023 and 2022. (Dollars in millions) Debt Securities Debit Valuation Adjustments Derivatives Employee Benefit Plans Foreign Currency Total Balance, December 31, 2021 $ 3,045 $ (1,636) $ (1,880) $ (3,642) $ (991) $ (5,104) Net change (6,381) 1,298 (10,890) 97 (47) (15,923) Balance, September 30, 2022 $ (3,336) $ (338) $ (12,770) $ (3,545) $ (1,038) $ (21,027) Balance, December 31, 2022 $ (2,983) $ (881) $ (11,935) $ (4,309) $ (1,048) $ (21,156) Net change 81 (419) (317) 25 (6) (636) Balance, September 30, 2023 $ (2,902) $ (1,300) $ (12,252) $ (4,284) $ (1,054) $ (21,792)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	The table below presents the net change in fair value recorded in accumulated OCI, net realized gains and losses reclassified into earnings and other changes for each component of OCI pre- and after-tax for the nine months ended September 30, 2023 and 2022. Pretax Tax After- Pretax Tax After- Nine Months Ended September 30 (Dollars in millions) 2023 2022 Debt securities: Net increase (decrease) in fair value $ (306) $ 84 $ (222) $ (8,417) $ 2,064 $ (6,353) Net realized (gains) losses reclassified into earnings (1) 404 (101) 303 (37) 9 (28) Net change 98 (17) 81 (8,454) 2,073 (6,381) Debit valuation adjustments: Net increase (decrease) in fair value (560) 136 (424) 1,698 (411) 1,287 Net realized (gains) losses reclassified into earnings (1) 7 (2) 5 14 (3) 11 Net change (553) 134 (419) 1,712 (414) 1,298 Derivatives: Net increase (decrease) in fair value (1,027) 261 (766) (14,681) 3,673 (11,008) Reclassifications into earnings: Net interest income 616 (153) 463 182 (46) 136 Compensation and benefits expense (18) 4 (14) (24) 6 (18) Net realized (gains) losses reclassified into earnings 598 (149) 449 158 (40) 118 Net change (429) 112 (317) (14,523) 3,633 (10,890) Employee benefit plans: Net actuarial losses and other reclassified into earnings (2) 36 (11) 25 135 (38) 97 Net change 36 (11) 25 135 (38) 97 Foreign currency: Net increase (decrease) in fair value 80 (75) 5 726 (774) (48) Net realized (gains) losses reclassified into earnings (1) (44) 33 (11) — 1 1 Net change 36 (42) (6) 726 (773) (47) Total other comprehensive income (loss) $ (812) $ 176 $ (636) $ (20,404) $ 4,481 $ (15,923) (1) Reclassifications of pretax debt securities, DVA and foreign currency (gains) losses are recorded in other income in the Consolidated Statement of Income. (2) Reclassifications of pretax employee benefit plan costs are recorded in other general operating expense in the Consolidated Statement of Income.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Calculation of earnings per common share and diluted earnings per common share	The calculation of earnings per common share (EPS) and diluted EPS for the three and nine months ended September 30, 2023 and 2022 is presented below. For more information on the calculation of EPS, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K. Three Months Ended Nine Months Ended (In millions, except per share information) 2023 2022 2023 2022 Earnings per common share Net income $ 7,802 $ 7,082 $ 23,371 $ 20,396 Preferred stock dividends (532) (503) (1,343) (1,285) Net income applicable to common shareholders $ 7,270 $ 6,579 $ 22,028 $ 19,111 Average common shares issued and outstanding 8,017.1 8,107.7 8,041.3 8,122.2 Earnings per common share $ 0.91 $ 0.81 $ 2.74 $ 2.35 Diluted earnings per common share Net income applicable to common shareholders $ 7,270 $ 6,579 $ 22,028 $ 19,111 Add preferred stock dividends due to assumed conversions — — 167 — Net income allocated to common shareholders $ 7,270 $ 6,579 $ 22,195 $ 19,111 Average common shares issued and outstanding 8,017.1 8,107.7 8,041.3 8,122.2 Dilutive potential common shares (1) 58.8 53.1 112.1 51.1 Total diluted average common shares issued and outstanding 8,075.9 8,160.8 8,153.4 8,173.3 Diluted earnings per common share $ 0.90 $ 0.81 $ 2.72 $ 2.34 (1) Includes incremental dilutive shares from preferred stock, restricted stock units, restricted stock and warrants.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Assets and Liabilities Carried at Fair Value on a Recurring Basis	Assets and liabilities carried at fair value on a recurring basis at September 30, 2023 and December 31, 2022, including financial instruments that the Corporation accounts for under the fair value option, are summarized in the following tables. September 30, 2023 Fair Value Measurements (Dollars in millions) Level 1 Level 2 Level 3 Netting Adjustments (1) Assets/Liabilities at Fair Value Assets Time deposits placed and other short-term investments $ 1,129 $ — $ — $ — $ 1,129 Federal funds sold and securities borrowed or purchased under agreements to resell — 414,435 — (244,103) 170,332 Trading account assets: U.S. Treasury and government agencies 67,333 221 — — 67,554 Corporate securities, trading loans and other — 44,553 2,156 — 46,709 Equity securities 65,627 39,093 178 — 104,898 Non-U.S. sovereign debt 11,043 26,496 366 — 37,905 Mortgage trading loans, MBS and ABS: U.S. government-sponsored agency guaranteed — 38,520 9 — 38,529 Mortgage trading loans, ABS and other MBS — 9,614 1,200 — 10,814 Total trading account assets (2) 144,003 158,497 3,909 — 306,409 Derivative assets 15,908 365,554 4,620 (338,618) 47,464 AFS debt securities: U.S. Treasury and government agencies 102,738 898 — — 103,636 Mortgage-backed securities: Agency — 20,504 — — 20,504 Agency-collateralized mortgage obligations — 1,698 — — 1,698 Non-agency residential — 109 278 — 387 Commercial — 6,741 — — 6,741 Non-U.S. securities 67 18,699 106 — 18,872 Other taxable securities — 3,179 — — 3,179 Tax-exempt securities — 10,542 51 — 10,593 Total AFS debt securities 102,805 62,370 435 — 165,610 Other debt securities carried at fair value: U.S. Treasury and government agencies 1,058 — — — 1,058 Non-agency residential MBS — 213 70 — 283 Non-U.S. and other securities 1,862 6,727 — — 8,589 Total other debt securities carried at fair value 2,920 6,940 70 — 9,930 Loans and leases — 4,143 107 — 4,250 Loans held-for-sale — 1,436 171 — 1,607 Other assets (3) 5,609 1,723 1,726 — 9,058 Total assets (4) $ 272,374 $ 1,015,098 $ 11,038 $ (582,721) $ 715,789 Liabilities Interest-bearing deposits in U.S. offices $ — $ 404 $ — $ — $ 404 Federal funds purchased and securities loaned or sold under agreements to repurchase — 453,940 — (244,103) 209,837 Trading account liabilities: U.S. Treasury and government agencies 20,799 2 — — 20,801 Equity securities 47,649 5,590 12 — 53,251 Non-U.S. sovereign debt 12,614 8,568 — — 21,182 Corporate securities and other — 7,514 72 — 7,586 Total trading account liabilities 81,062 21,674 84 — 102,820 Derivative liabilities 15,822 355,436 9,080 (339,483) 40,855 Short-term borrowings — 4,035 11 — 4,046 Accrued expenses and other liabilities 6,991 3,015 5 — 10,011 Long-term debt — 38,803 640 — 39,443 Total liabilities (4) $ 103,875 $ 877,307 $ 9,820 $ (583,586) $ 407,416 (1) Amounts represent the impact of legally enforceable master netting agreements and also cash collateral held or placed with the same counterparties. (2) Includes securities with a fair value of $25.3 billion that were segregated in compliance with securities regulations or deposited with clearing organizations. This amount is included in the parenthetical disclosure on the Consolidated Balance Sheet. Trading account assets also includes certain commodities inventory of $340 million that is accounted for at the lower of cost or net realizable value, which is the current selling price less any costs to sell. (3) Includes MSRs, which are classified as Level 3 assets, of $1.0 billion. (4) Total recurring Level 3 assets were 0.35 percent of total consolidated assets, and total recurring Level 3 liabilities were 0.34 percent of total consolidated liabilities. December 31, 2022 Fair Value Measurements (Dollars in millions) Level 1 Level 2 Level 3 Netting Adjustments (1) Assets/Liabilities at Fair Value Assets Time deposits placed and other short-term investments $ 868 $ — $ — $ — $ 868 Federal funds sold and securities borrowed or purchased under agreements to resell (2) — 146,999 — — 146,999 Trading account assets: U.S. Treasury and government agencies 58,894 212 — — 59,106 Corporate securities, trading loans and other — 46,897 2,384 — 49,281 Equity securities 77,868 35,065 145 — 113,078 Non-U.S. sovereign debt 7,392 26,306 518 — 34,216 Mortgage trading loans, MBS and ABS: U.S. government-sponsored agency guaranteed — 28,563 34 — 28,597 Mortgage trading loans, ABS and other MBS — 10,312 1,518 — 11,830 Total trading account assets (3) 144,154 147,355 4,599 — 296,108 Derivative assets 14,775 380,380 3,213 (349,726) 48,642 AFS debt securities: U.S. Treasury and government agencies 158,102 920 — — 159,022 Mortgage-backed securities: Agency — 23,442 — — 23,442 Agency-collateralized mortgage obligations — 2,221 — — 2,221 Non-agency residential — 128 258 — 386 Commercial — 6,407 — — 6,407 Non-U.S. securities — 13,212 195 — 13,407 Other taxable securities — 4,645 — — 4,645 Tax-exempt securities — 11,207 51 — 11,258 Total AFS debt securities 158,102 62,182 504 — 220,788 Other debt securities carried at fair value: U.S. Treasury and government agencies 561 — — — 561 Non-agency residential MBS — 248 119 — 367 Non-U.S. and other securities 3,027 5,251 — — 8,278 Total other debt securities carried at fair value 3,588 5,499 119 — 9,206 Loans and leases — 5,518 253 — 5,771 Loans held-for-sale — 883 232 — 1,115 Other assets (4) 6,898 897 1,799 — 9,594 Total assets (5) $ 328,385 $ 749,713 $ 10,719 $ (349,726) $ 739,091 Liabilities Interest-bearing deposits in U.S. offices $ — $ 311 $ — $ — $ 311 Federal funds purchased and securities loaned or sold under agreements to repurchase (2) — 151,708 — — 151,708 Trading account liabilities: U.S. Treasury and government agencies 13,906 181 — — 14,087 Equity securities 36,937 4,825 — — 41,762 Non-U.S. sovereign debt 9,636 8,228 — — 17,864 Corporate securities and other — 6,628 58 — 6,686 Total trading account liabilities 60,479 19,862 58 — 80,399 Derivative liabilities 15,431 376,979 6,106 (353,700) 44,816 Short-term borrowings — 818 14 — 832 Accrued expenses and other liabilities 7,458 2,262 32 — 9,752 Long-term debt — 32,208 862 — 33,070 Total liabilities (5) $ 83,368 $ 584,148 $ 7,072 $ (353,700) $ 320,888 (1) Amounts represent the impact of legally enforceable derivative master netting agreements and also cash collateral held or placed with the same counterparties. (2) Amounts have been netted by $221.7 billion to reflect the application of legally enforceable master netting agreements. (3) Includes securities with a fair value of $16.6 billion that were segregated in compliance with securities regulations or deposited with clearing organizations. This amount is included in the parenthetical disclosure on the Consolidated Balance Sheet. Trading account assets also includes certain commodities inventory of $40 million that is accounted for at the lower of cost or net realizable value, which is the current selling price less any costs to sell. (4) Includes MSRs, which are classified as Level 3 assets, of $1.0 billion. (5) Total recurring Level 3 assets were 0.35 percent of total consolidated assets, and total recurring Level 3 liabilities were 0.25 percent of total consolidated liabilities.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables present a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three and nine months ended September 30, 2023 and 2022, including net realized and unrealized gains (losses) included in earnings and accumulated OCI. Transfers into Level 3 occur primarily due to decreased price observability, and transfers out of Level 3 occur primarily due to increased price observability. Transfers occur on a regular basis for long-term debt instruments due to changes in the impact of unobservable inputs on the value of the embedded derivative in relation to the instrument as a whole. Level 3 – Fair Value Measurements (1) Balance July 1 Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance September 30 Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Three Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ 7 $ — $ — $ — $ — $ — $ — $ — $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,100 53 (1) 112 (17) — (149) 137 (79) 2,156 16 Equity securities 159 45 — 4 (3) — (47) 51 (31) 178 (3) Non-U.S. sovereign debt 568 16 (14) 2 (3) — (203) — — 366 16 Mortgage trading loans, MBS and ABS 1,233 (10) — 40 (101) — (8) 90 (35) 1,209 (12) Total trading account assets 4,060 104 (15) 158 (124) — (407) 278 (145) 3,909 17 Net derivative assets (liabilities) (4) (4,997) 1,445 (235) 613 (395) — (577) (315) 1 (4,460) 1,369 AFS debt securities: Non-agency residential MBS 288 (2) (6) — — — (2) — — 278 (2) Non-U.S. and other taxable securities 184 4 — — — — (86) 4 — 106 2 Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 523 2 (6) — — — (88) 4 — 435 — Other debt securities carried at fair value – Non-agency residential MBS 88 (3) — — — — (1) — (14) 70 (3) Loans and leases (5) 147 11 — — — — (29) — (22) 107 11 Loans held-for-sale (5) 188 (2) (2) — (4) — (9) — — 171 (4) Other assets (6,7) 1,809 115 (8) 168 (303) 27 (82) — — 1,726 83 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (49) 5 — (1) — — — (27) — (72) (1) Short-term borrowings (5) (11) (1) — — — (6) 7 — — (11) (1) Accrued expenses and other liabilities (5) (14) 8 — — — — — — 1 (5) 8 Long-term debt (5) (664) 3 1 — (4) — 24 — — (640) 3 Three Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,367 $ (28) $ (1) $ 176 $ (144) $ — $ (300) $ 329 $ (50) $ 2,349 $ (30) Equity securities 179 (5) — 13 (7) — — 3 (12) 171 (5) Non-U.S. sovereign debt 470 39 (12) 11 (2) — (18) 2 (5) 485 39 Mortgage trading loans, MBS and ABS 1,386 (57) — 166 (72) — (6) 113 (67) 1,463 (47) Total trading account assets 4,402 (51) (13) 366 (225) — (324) 447 (134) 4,468 (43) Net derivative assets (liabilities) (4) (1,682) (266) — 97 (238) — 49 (62) (115) (2,217) (293) AFS debt securities: Non-agency residential MBS 299 (1) (11) — — — (8) — (13) 266 (1) Non-U.S. and other taxable securities 200 2 (3) — — — (5) 224 (1) 417 (2) Tax-exempt securities 52 — — — — — — — — 52 — Total AFS debt securities 551 1 (14) — — — (13) 224 (14) 735 (3) Other debt securities carried at fair value – Non-agency residential MBS 112 (2) — — — — (4) — (6) 100 (2) Loans and leases (5) 256 (1) — — — — (58) — — 197 (2) Loans held-for-sale (5) 345 (27) (2) — — — (44) — — 272 (27) Other assets (6,7) 1,750 70 (20) — (2) 78 (68) — (3) 1,805 61 Trading account liabilities – Corporate securities and other (14) 1 — — — — — — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) (63) 7 — (7) — — — — — (63) 7 Long-term debt (5) (812) 26 (12) — — — 18 (13) — (793) 26 (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized losses of $245 million and $60 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time. Level 3 – Fair Value Measurements (1) Balance Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Nine Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ — $ — $ — $ — $ — $ — $ — $ 7 $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,384 114 1 336 (172) 14 (601) 331 (251) 2,156 38 Equity securities 145 39 — 20 (47) — (59) 134 (54) 178 (10) Non-U.S. sovereign debt 518 54 22 38 (9) — (257) — — 366 56 Mortgage trading loans, MBS and ABS 1,552 (38) — 144 (303) — (229) 332 (249) 1,209 (50) Total trading account assets 4,599 169 23 538 (531) 14 (1,146) 797 (554) 3,909 34 Net derivative assets (liabilities) (4) (2,893) (116) (375) 1,142 (994) — (1,372) (154) 302 (4,460) (1,794) AFS debt securities: Non-agency residential MBS 258 1 26 — — — (7) — — 278 1 Non-U.S. and other taxable securities 195 8 7 — — — (101) 4 (7) 106 — Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 504 9 33 — — — (108) 4 (7) 435 1 Other debt securities carried at fair value – Non-agency residential MBS 119 (4) — — (19) — (5) — (21) 70 (3) Loans and leases (5,6) 253 — — 9 (50) — (99) 16 (22) 107 (5) Loans held-for-sale (5,6) 232 20 2 — (25) — (58) — — 171 10 Other assets (6,7) 1,799 223 (1) 174 (302) 71 (240) 2 — 1,726 119 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (58) 1 — (2) (2) (1) 2 (33) 21 (72) (2) Short-term borrowings (5) (14) 2 — — (13) (8) 22 — — (11) — Accrued expenses and other liabilities (5) (32) 38 — (12) — — — — 1 (5) 21 Long-term debt (5) (862) 154 (20) (9) 49 — 41 — 7 (640) 158 Nine Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,110 $ (97) $ (2) $ 943 $ (342) $ — $ (417) $ 849 $ (695) $ 2,349 $ (141) Equity securities 190 2 — 41 (22) — (4) 29 (65) 171 (20) Non-U.S. sovereign debt 396 58 8 18 (4) — (33) 52 (10) 485 55 Mortgage trading loans, MBS and ABS 1,527 (235) — 373 (389) — (100) 429 (142) 1,463 (124) Total trading account assets 4,223 (272) 6 1,375 (757) — (554) 1,359 (912) 4,468 (230) Net derivative assets (liabilities) (4) (2,662) 1,076 — 222 (589) — 393 (241) (416) (2,217) 701 AFS debt securities: Non-agency residential MBS 316 1 (33) — (8) — (71) 74 (13) 266 1 Non-U.S. and other taxable securities 71 5 (12) 126 — — (14) 311 (70) 417 1 Tax-exempt securities 52 — — — — — — — — 52 (1) Total AFS debt securities 439 6 (45) 126 (8) — (85) 385 (83) 735 1 Other debt securities carried at fair value – Non-agency residential MBS 242 (42) — — — — (77) — (23) 100 (7) Loans and leases (5,6) 748 (42) — — (154) — (106) — (249) 197 (20) Loans held-for-sale (5,6) 317 (3) 3 170 (6) — (217) 8 — 272 (11) Other assets (6,7) 1,572 296 (25) — (1) 163 (201) 4 (3) 1,805 152 Trading account liabilities – Corporate securities and other (11) — — — — — (2) — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) — (56) — (7) — — — — — (63) (33) Long-term debt (5) (1,075) (96) 67 — 14 (1) 35 (19) 282 (793) (102) (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income primarily related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - market making and similar activities and other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized gains (losses) of $(332) million and $2 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables present a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three and nine months ended September 30, 2023 and 2022, including net realized and unrealized gains (losses) included in earnings and accumulated OCI. Transfers into Level 3 occur primarily due to decreased price observability, and transfers out of Level 3 occur primarily due to increased price observability. Transfers occur on a regular basis for long-term debt instruments due to changes in the impact of unobservable inputs on the value of the embedded derivative in relation to the instrument as a whole. Level 3 – Fair Value Measurements (1) Balance July 1 Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance September 30 Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Three Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ 7 $ — $ — $ — $ — $ — $ — $ — $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,100 53 (1) 112 (17) — (149) 137 (79) 2,156 16 Equity securities 159 45 — 4 (3) — (47) 51 (31) 178 (3) Non-U.S. sovereign debt 568 16 (14) 2 (3) — (203) — — 366 16 Mortgage trading loans, MBS and ABS 1,233 (10) — 40 (101) — (8) 90 (35) 1,209 (12) Total trading account assets 4,060 104 (15) 158 (124) — (407) 278 (145) 3,909 17 Net derivative assets (liabilities) (4) (4,997) 1,445 (235) 613 (395) — (577) (315) 1 (4,460) 1,369 AFS debt securities: Non-agency residential MBS 288 (2) (6) — — — (2) — — 278 (2) Non-U.S. and other taxable securities 184 4 — — — — (86) 4 — 106 2 Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 523 2 (6) — — — (88) 4 — 435 — Other debt securities carried at fair value – Non-agency residential MBS 88 (3) — — — — (1) — (14) 70 (3) Loans and leases (5) 147 11 — — — — (29) — (22) 107 11 Loans held-for-sale (5) 188 (2) (2) — (4) — (9) — — 171 (4) Other assets (6,7) 1,809 115 (8) 168 (303) 27 (82) — — 1,726 83 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (49) 5 — (1) — — — (27) — (72) (1) Short-term borrowings (5) (11) (1) — — — (6) 7 — — (11) (1) Accrued expenses and other liabilities (5) (14) 8 — — — — — — 1 (5) 8 Long-term debt (5) (664) 3 1 — (4) — 24 — — (640) 3 Three Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,367 $ (28) $ (1) $ 176 $ (144) $ — $ (300) $ 329 $ (50) $ 2,349 $ (30) Equity securities 179 (5) — 13 (7) — — 3 (12) 171 (5) Non-U.S. sovereign debt 470 39 (12) 11 (2) — (18) 2 (5) 485 39 Mortgage trading loans, MBS and ABS 1,386 (57) — 166 (72) — (6) 113 (67) 1,463 (47) Total trading account assets 4,402 (51) (13) 366 (225) — (324) 447 (134) 4,468 (43) Net derivative assets (liabilities) (4) (1,682) (266) — 97 (238) — 49 (62) (115) (2,217) (293) AFS debt securities: Non-agency residential MBS 299 (1) (11) — — — (8) — (13) 266 (1) Non-U.S. and other taxable securities 200 2 (3) — — — (5) 224 (1) 417 (2) Tax-exempt securities 52 — — — — — — — — 52 — Total AFS debt securities 551 1 (14) — — — (13) 224 (14) 735 (3) Other debt securities carried at fair value – Non-agency residential MBS 112 (2) — — — — (4) — (6) 100 (2) Loans and leases (5) 256 (1) — — — — (58) — — 197 (2) Loans held-for-sale (5) 345 (27) (2) — — — (44) — — 272 (27) Other assets (6,7) 1,750 70 (20) — (2) 78 (68) — (3) 1,805 61 Trading account liabilities – Corporate securities and other (14) 1 — — — — — — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) (63) 7 — (7) — — — — — (63) 7 Long-term debt (5) (812) 26 (12) — — — 18 (13) — (793) 26 (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized losses of $245 million and $60 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time. Level 3 – Fair Value Measurements (1) Balance Total Realized/Unrealized Gains (Losses) in Net Income (2) Gains (3) Gross Gross Gross Balance Change in Unrealized Gains (Losses) in Net Income Related to Financial Instruments Still Held (2) (Dollars in millions) Purchases Sales Issuances Settlements Nine Months Ended September 30, 2023 Federal funds sold and securities borrowed or purchased under agreements to resell $ — $ — $ — $ — $ — $ — $ — $ 7 $ (7) $ — $ — Trading account assets: Corporate securities, trading loans and other 2,384 114 1 336 (172) 14 (601) 331 (251) 2,156 38 Equity securities 145 39 — 20 (47) — (59) 134 (54) 178 (10) Non-U.S. sovereign debt 518 54 22 38 (9) — (257) — — 366 56 Mortgage trading loans, MBS and ABS 1,552 (38) — 144 (303) — (229) 332 (249) 1,209 (50) Total trading account assets 4,599 169 23 538 (531) 14 (1,146) 797 (554) 3,909 34 Net derivative assets (liabilities) (4) (2,893) (116) (375) 1,142 (994) — (1,372) (154) 302 (4,460) (1,794) AFS debt securities: Non-agency residential MBS 258 1 26 — — — (7) — — 278 1 Non-U.S. and other taxable securities 195 8 7 — — — (101) 4 (7) 106 — Tax-exempt securities 51 — — — — — — — — 51 — Total AFS debt securities 504 9 33 — — — (108) 4 (7) 435 1 Other debt securities carried at fair value – Non-agency residential MBS 119 (4) — — (19) — (5) — (21) 70 (3) Loans and leases (5,6) 253 — — 9 (50) — (99) 16 (22) 107 (5) Loans held-for-sale (5,6) 232 20 2 — (25) — (58) — — 171 10 Other assets (6,7) 1,799 223 (1) 174 (302) 71 (240) 2 — 1,726 119 Trading account liabilities – Equity securities — — — — — — — (12) — (12) — Trading account liabilities – Corporate securities and other (58) 1 — (2) (2) (1) 2 (33) 21 (72) (2) Short-term borrowings (5) (14) 2 — — (13) (8) 22 — — (11) — Accrued expenses and other liabilities (5) (32) 38 — (12) — — — — 1 (5) 21 Long-term debt (5) (862) 154 (20) (9) 49 — 41 — 7 (640) 158 Nine Months Ended September 30, 2022 Trading account assets: Corporate securities, trading loans and other $ 2,110 $ (97) $ (2) $ 943 $ (342) $ — $ (417) $ 849 $ (695) $ 2,349 $ (141) Equity securities 190 2 — 41 (22) — (4) 29 (65) 171 (20) Non-U.S. sovereign debt 396 58 8 18 (4) — (33) 52 (10) 485 55 Mortgage trading loans, MBS and ABS 1,527 (235) — 373 (389) — (100) 429 (142) 1,463 (124) Total trading account assets 4,223 (272) 6 1,375 (757) — (554) 1,359 (912) 4,468 (230) Net derivative assets (liabilities) (4) (2,662) 1,076 — 222 (589) — 393 (241) (416) (2,217) 701 AFS debt securities: Non-agency residential MBS 316 1 (33) — (8) — (71) 74 (13) 266 1 Non-U.S. and other taxable securities 71 5 (12) 126 — — (14) 311 (70) 417 1 Tax-exempt securities 52 — — — — — — — — 52 (1) Total AFS debt securities 439 6 (45) 126 (8) — (85) 385 (83) 735 1 Other debt securities carried at fair value – Non-agency residential MBS 242 (42) — — — — (77) — (23) 100 (7) Loans and leases (5,6) 748 (42) — — (154) — (106) — (249) 197 (20) Loans held-for-sale (5,6) 317 (3) 3 170 (6) — (217) 8 — 272 (11) Other assets (6,7) 1,572 296 (25) — (1) 163 (201) 4 (3) 1,805 152 Trading account liabilities – Corporate securities and other (11) — — — — — (2) — — (13) — Short-term borrowings (5) — 1 — — (4) — — (3) — (6) 1 Accrued expenses and other liabilities (5) — (56) — (7) — — — — — (63) (33) Long-term debt (5) (1,075) (96) 67 — 14 (1) 35 (19) 282 (793) (102) (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3. (2) Includes gains (losses) reported in earnings in the following income statement line items: Trading account assets/liabilities - market making and similar activities and other income; Net derivative assets (liabilities) - market making and similar activities and other income; AFS debt securities - other income; Other debt securities carried at fair value - other income; Loans and leases - market making and similar activities and other income; Loans held-for-sale - other income; Other assets - market making and similar activities and other income primarily related to MSRs; Short-term borrowings - market making and similar activities; Accrued expenses and other liabilities - market making and similar activities and other income; Long-term debt - market making and similar activities. (3) Includes unrealized gains (losses) in OCI on AFS debt securities, foreign currency translation adjustments, derivatives designated in cash flow hedges and the impact of changes in the Corporation’s credit spreads on long-term debt accounted for under the fair value option. Amounts include net unrealized gains (losses) of $(332) million and $2 million related to financial instruments still held at September 30, 2023 and 2022. (4) Net derivative assets (liabilities) include derivative assets of $4.6 billion and $3.3 billion and derivative liabilities of $9.1 billion and $5.5 billion at September 30, 2023 and 2022. (5) Amounts represent instruments that are accounted for under the fair value option. (6) Issuances represent MSRs recognized following securitizations or whole-loan sales. (7) Settlements primarily represent the net change in fair value of the MSR asset due to the recognition of modeled cash flows and the passage of time.
Fair Value Measurement Inputs and Valuation Techniques	The following tables present information about significant unobservable inputs related to the Corporation’s material categories of Level 3 financial assets and liabilities at September 30, 2023 and December 31, 2022. Quantitative Information about Level 3 Fair Value Measurements at September 30, 2023 (Dollars in millions) Inputs Financial Instrument Fair Valuation Significant Unobservable Ranges of Weighted Average (1) Loans and Securities (2) Instruments backed by residential real estate assets $ 579 Discounted cash flow, Market comparables Yield 0% to 20% 9 % Trading account assets – Mortgage trading loans, MBS and ABS 129 Prepayment speed 0% to 41% CPR 10% CPR Loans and leases 102 Default rate 0% to 3% CDR 1% CDR AFS debt securities – Non-agency residential 278 Price $0 to $115 $72 Other debt securities carried at fair value – Non-agency residential 70 Loss severity 0% to 100% 29 % Instruments backed by commercial real estate assets $ 377 Discounted cash Yield 0% to 25% 12 % Trading account assets – Corporate securities, trading loans and other 294 Price $0 to $100 $75 Trading account assets – Mortgage trading loans, MBS and ABS 83 Commercial loans, debt securities and other $ 3,558 Discounted cash flow, Market comparables Yield 5% to 51% 13 % Trading account assets – Corporate securities, trading loans and other 1,862 Prepayment speed 10% to 20% 16 % Trading account assets – Non-U.S. sovereign debt 366 Default rate 3% to 4% 4 % Trading account assets – Mortgage trading loans, MBS and ABS 997 Loss severity 35% to 40% 37 % AFS debt securities – Tax-exempt securities 51 Price $0 to $157 $73 AFS debt securities – Non-U.S. and other taxable securities 106 Loans and leases 5 Loans held-for-sale 171 Other assets, primarily auction rate securities $ 680 Discounted cash flow, Market comparables Price $10 to $95 $85 Discount rate 11 % n/a MSRs $ 1,046 Discounted cash Weighted-average life, fixed rate (5) 0 to 14 years 6 years Weighted-average life, variable rate (5) 0 to 12 years 3 years Option-adjusted spread, fixed rate 7% to 14% 9 % Option-adjusted spread, variable rate 9% to 15% 12 % Structured liabilities Long-term debt $ (640) Discounted cash flow, Market comparables, Industry standard derivative pricing (3) Yield 51% n/a Equity correlation 1% to 97% 89 % Price $0 to $100 $90 Natural gas forward price $2/MMBtu to $8/MMBtu $4 /MMBtu Net derivative assets (liabilities) Credit derivatives $ 9 Discounted cash flow, Stochastic recovery correlation model Credit spreads 3 to 81 bps 64 bps Prepayment speed 15% CPR n/a Default rate 2% CDR n/a Credit correlation 21% to 59% 52 % Price $0 to $92 $85 Equity derivatives $ (635) Industry standard derivative pricing (3) Equity correlation 0% to 99% 67 % Long-dated equity volatilities 2% to 94% 36 % Commodity derivatives $ (545) Discounted cash flow, Industry standard derivative pricing (3) Natural gas forward price $2/MMBtu to $8/MMBtu $4 /MMBtu Power forward price $20 to $92 $42 Interest rate derivatives $ (3,289) Industry standard derivative pricing (4) Correlation (IR/IR) (35)% to 89% 66 % Correlation (FX/IR) 11% to 58% 37 % Long-dated inflation rates (1)% to 12% 0 % Long-dated inflation volatilities 0% to 5% 1 % Interest rate volatilities 0% to 2% 1 % Total net derivative assets (liabilities) $ (4,460) (1) For loans and securities, structured liabilities and net derivative assets (liabilities), the weighted average is calculated based upon the absolute fair value of the instruments. (2) The categories are aggregated based upon product type, which differs from financial statement classification. The following is a reconciliation to the line items in the table on page 92: Trading account assets – Corporate securities, trading loans and other of $2.2 billion, Trading account assets – Non-U.S. sovereign debt of $366 million, Trading account assets – Mortgage trading loans, MBS and ABS of $1.2 billion, AFS debt securities of $435 million, Other debt securities carried at fair value - Non-agency residential of $70 million, Other assets, including MSRs, of $1.7 billion, Loans and leases of $107 million and LHFS of $171 million. (3) Includes models such as Monte Carlo simulation and Black-Scholes. (4) Includes models such as Monte Carlo simulation, Black-Scholes and other methods that model the joint dynamics of interest, inflation and foreign exchange rates. (5) The weighted-average life is a product of changes in market rates of interest, prepayment rates and other model and cash flow assumptions. CPR = Constant Prepayment Rate CDR = Constant Default Rate MMBtu = Million British thermal units IR = Interest Rate FX = Foreign Exchange n/a = not applicable Quantitative Information about Level 3 Fair Value Measurements at December 31, 2022 (Dollars in millions) Inputs Financial Instrument Fair Valuation Significant Unobservable Ranges of Weighted Average (1) Loans and Securities (2) Instruments backed by residential real estate assets $ 852 Discounted cash Yield 0% to 25% 10 % Trading account assets – Mortgage trading loans, MBS and ABS 338 Prepayment speed 0% to 29% CPR 12% CPR Loans and leases 137 Default rate 0% to 3% CDR 1% CDR AFS debt securities - Non-agency residential 258 Price $0 to $111 $26 Other debt securities carried at fair value - Non-agency residential 119 Loss severity 0% to 100% 24 % Instruments backed by commercial real estate assets $ 362 Discounted cash Yield 0% to 25% 10 % Trading account assets – Corporate securities, trading loans and other 292 Price $0 to $100 $75 Trading account assets – Mortgage trading loans, MBS and ABS 66 Loans held-for-sale 4 Commercial loans, debt securities and other $ 4,348 Discounted cash flow, Market comparables Yield 5% to 43% 15 % Trading account assets – Corporate securities, trading loans and other 2,092 Prepayment speed 10% to 20% 15 % Trading account assets – Non-U.S. sovereign debt 518 Default rate 3% to 4% 4 % Trading account assets – Mortgage trading loans, MBS and ABS 1,148 Loss severity 35% to 40% 38 % AFS debt securities – Tax-exempt securities 51 Price $0 to $157 $75 AFS debt securities – Non-U.S. and other taxable securities 195 Loans and leases 116 Loans held-for-sale 228 Other assets, primarily auction rate securities $ 779 Discounted cash flow, Market comparables Price $10 to $97 $94 Discount rate 11% n/a MSRs $ 1,020 Discounted cash Weighted-average life, fixed rate (5) 0 to 14 years 6 years Weighted-average life, variable rate (5) 0 to 12 years 4 years Option-adjusted spread, fixed rate 7% to 14% 9 % Option-adjusted spread, variable rate 9% to 15% 12 % Structured liabilities Long-term debt $ (862) Discounted cash flow, Market comparables, Industry standard derivative pricing (3) Yield 22% to 43% 23 % Equity correlation 0% to 95% 69 % Price $0 to $119 $90 Natural gas forward price $3/MMBtu to $13/MMBtu $9/MMBtu Net derivative assets (liabilities) Credit derivatives $ (44) Discounted cash flow, Stochastic recovery correlation model Credit spreads 3 to 63 bps 22 bps Upfront points 0 to 100 points 83 points Prepayment speed 15% CPR n/a Default rate 2% CDR n/a Credit correlation 18% to 53% 44 % Price $0 to $151 $63 Equity derivatives $ (1,534) Industry standard derivative pricing (3) Equity correlation 0% to 100% 73 % Long-dated equity volatilities 4% to 101% 44 % Commodity derivatives $ (291) Discounted cash flow, Industry standard derivative pricing (3) Natural gas forward price $3/MMBtu to $13/MMBtu $8/MMBtu Power forward price $9 to $123 $43 Interest rate derivatives $ (1,024) Industry standard derivative pricing (4) Correlation (IR/IR) (35)% to 89% 67 % Correlation (FX/IR) 11% to 58% 43 % Long-dated inflation rates G 0% to 39% 1 % Long-dated inflation volatilities 0% to 5% 2 % Interest rates volatilities 0% to 2% 1 % Total net derivative assets (liabilities) $ (2,893) (1) For loans and securities, structured liabilities and net derivative assets (liabilities), the weighted average is calculated based upon the absolute fair value of the instruments. (2) The categories are aggregated based upon product type, which differs from financial statement classification. The following is a reconciliation to the line items in the table on page 93: Trading account assets – Corporate securities, trading loans and other of $2.4 billion, Trading account assets – Non-U.S. sovereign debt of $518 million, Trading account assets – Mortgage trading loans, MBS and ABS of $1.6 billion, AFS debt securities of $504 million, Other debt securities carried at fair value - Non-agency residential of $119 million, Other assets, including MSRs, of $1.8 billion, Loans and leases of $253 million and LHFS of $232 million. (3) Includes models such as Monte Carlo simulation and Black-Scholes. (4) Includes models such as Monte Carlo simulation, Black-Scholes and other methods that model the joint dynamics of interest, inflation and foreign exchange rates. (5) The weighted-average life is a product of changes in market rates of interest, prepayment rates and other model and cash flow assumptions. CPR = Constant Prepayment Rate CDR = Constant Default Rate MMBtu = Million British thermal units IR = Interest Rate FX = Foreign Exchange n/a = not applicable
Fair Value Measurements, Nonrecurring	The amounts below represent assets still held as of the reporting date for which a nonrecurring fair value adjustment was recorded during the three and nine months ended September 30, 2023 and 2022. Assets Measured at Fair Value on a Nonrecurring Basis September 30, 2023 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (Dollars in millions) Level 2 Level 3 Gains (Losses) Assets Loans held-for-sale $ 276 $ 3,066 $ (28) $ (95) Loans and leases (1) — 129 (15) (36) Foreclosed properties (2, 3) — 44 1 (2) Other assets 31 905 (182) (189) September 30, 2022 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Assets Loans held-for-sale $ 1,752 $ 398 $ 119 $ 87 Loans and leases (1) — 152 (13) (44) Foreclosed properties (2, 3) — 6 (2) (3) Other assets 80 48 — (40) (1) Includes $4 million and $8 million of losses on loans that were written down to a collateral value of zero during the three and nine months ended September 30, 2023 compared to losses of $6 million and $17 million for the same periods in 2022. (2) Amounts are included in other assets on the Consolidated Balance Sheet and represent the carrying value of foreclosed properties that were written down subsequent to their initial classification as foreclosed properties. Losses on foreclosed properties include losses recorded during the first 90 days after transfer of a loan to foreclosed properties. (3) Excludes $33 million and $75 million of properties acquired upon foreclosure of certain government-guaranteed loans (principally FHA-insured loans) at September 30, 2023 and 2022.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques	The table below presents information about significant unobservable inputs utilized in the Corporation's nonrecurring Level 3 fair value measurements during the nine months ended September 30, 2023 and the year ended December 31, 2022. Quantitative Information about Nonrecurring Level 3 Fair Value Measurements Inputs Financial Instrument Fair Value Valuation Significant Unobservable Ranges of Weighted Average (1) (Dollars in millions) Nine Months Ended September 30, 2023 Loans held-for-sale $ 3,066 Pricing model Implied yield 12% to 26% n/a Loans and leases (2) 129 Market comparables OREO discount 10% to 66% 26 % Costs to sell 8% to 24% 9 % Other assets (3) 905 Discounted cash flow Discount rate 7 % n/a Year Ended December 31, 2022 Loans held-for-sale $ 3,079 Pricing model Implied yield 9% to 24% n/a Loans and leases (2) 166 Market comparables OREO discount 10% to 66% 26 % Costs to sell 8% to 24% 9 % Other assets (3) 165 Discounted cash flow Discount rate 7 % n/a (1) The weighted average is calculated based upon the fair value of the loans. (2) Represents residential mortgages where the loan has been written down to the fair value of the underlying collateral. (3) Represents the fair value of certain impaired renewable energy investments. n/a = not applicable

Fair Value Option (Tables)

Fair Value Option (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value Option Elections	The following tables provide information about the fair value carrying amount and the contractual principal outstanding of assets and liabilities accounted for under the fair value option at September 30, 2023 and December 31, 2022, and information about where changes in the fair value of assets and liabilities accounted for under the fair value option are included in the Consolidated Statement of Income for the three and nine months ended September 30, 2023 and 2022. Fair Value Option Elections September 30, 2023 December 31, 2022 (Dollars in millions) Fair Value Contractual Fair Value Fair Value Contractual Fair Value Federal funds sold and securities borrowed or purchased under agreements to resell $ 170,332 $ 170,323 $ 9 $ 146,999 $ 147,158 $ (159) Loans reported as trading account assets (1) 8,562 15,975 (7,413) 10,143 17,682 (7,539) Trading inventory – other 22,967 n/a n/a 20,770 n/a n/a Consumer and commercial loans 4,250 4,317 (67) 5,771 5,897 (126) Loans held-for-sale (1) 1,607 2,365 (758) 1,115 1,873 (758) Other assets 1,271 n/a n/a 620 n/a n/a Long-term deposits 404 488 (84) 311 381 (70) Federal funds purchased and securities loaned or sold under agreements to repurchase 209,837 209,914 (77) 151,708 151,885 (177) Short-term borrowings 4,046 4,065 (19) 832 833 (1) Unfunded loan commitments 62 n/a n/a 110 n/a n/a Accrued expenses and other liabilities 1,645 1,894 (249) 1,217 1,161 56 Long-term debt 39,443 45,504 (6,061) 33,070 36,830 (3,760) (1) A significant portion of the loans reported as trading account assets and LHFS are distressed loans that were purchased at a deep discount to par, and the remainder are loans with a fair value near contractual principal outstanding. n/a = not applicable Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option Three Months Ended September 30 2023 2022 (Dollars in millions) Market making Other Total Market making Other Total Loans reported as trading account assets $ 58 $ — $ 58 $ (62) $ — $ (62) Trading inventory – other (1) (900) — (900) (2,141) — (2,141) Consumer and commercial loans (50) 15 (35) (16) 25 9 Loans held-for-sale (2) — (38) (38) — (86) (86) Short-term borrowings (1) — (1) 81 — 81 Unfunded loan commitments (1) 7 6 — 27 27 Accrued expenses and other liabilities 197 — 197 — — — Long-term debt (3) 863 (4) 859 1,562 (16) 1,546 Other (4) 38 (1) 37 12 (1) 11 Total $ 204 $ (21) $ 183 $ (564) $ (51) $ (615) Nine Months Ended September 30 2023 2022 Loans reported as trading account assets $ 208 $ — $ 208 $ (211) $ — $ (211) Trading inventory – other (1) 2,065 — 2,065 (4,269) — (4,269) Consumer and commercial loans (189) 56 (133) (86) (53) (139) Loans held-for-sale (2) — (22) (22) — (308) (308) Short-term borrowings 10 — 10 643 — 643 Unfunded loan commitments (1) 27 26 — (61) (61) Accrued expenses and other liabilities 246 — 246 — — — Long-term debt (3) 361 (27) 334 5,049 (36) 5,013 Other (4) 73 (12) 61 6 23 29 Total $ 2,773 $ 22 $ 2,795 $ 1,132 $ (435) $ 697 (1) The gains (losses) in market making and similar activities are primarily offset by (losses) gains on trading liabilities that hedge these assets. (2) Includes the value of IRLCs on funded loans, including those sold during the period. (3) The net gains (losses) in market making and similar activities relate to the embedded derivatives in structured liabilities and are typically offset by (losses) gains on derivatives and securities that hedge these liabilities. For the cumulative impact of changes in the Corporation’s own credit spreads and the amount recognized in accumulated OCI, see Note 12 – Accumulated Other Comprehensive Income (Loss) . For more information on how the Corporation’s own credit spread is determined, see Note 20 – Fair Value Measurements to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K . (4) Includes gains (losses) on federal funds sold and securities borrowed or purchased under agreements to resell, other assets, long-term deposits, and federal funds purchased and securities loaned or sold under agreements to repurchase. Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Loans reported as trading account assets $ 19 $ (123) $ 55 $ (434) Consumer and commercial loans 5 19 41 (72) Loans held-for-sale (17) (3) (17) (14) Unfunded loan commitments 7 27 27 (61)

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Carrying and Fair Value of Financial Instruments	The carrying values and fair values by fair value hierarchy of certain financial instruments where only a portion of the ending balance was carried at fair value at September 30, 2023 and December 31, 2022 are presented in the following table. Fair Value of Financial Instruments Fair Value Carrying Value Level 2 Level 3 Total (Dollars in millions) September 30, 2023 Financial assets Loans $ 1,016,900 $ 49,012 $ 937,250 $ 986,262 Loans held-for-sale 7,591 4,096 3,496 7,592 Financial liabilities Deposits (1) 1,884,601 1,885,172 — 1,885,172 Long-term debt 290,359 287,949 948 288,897 Commercial unfunded lending commitments (2) 1,416 57 3,852 3,909 December 31, 2022 Financial assets Loans $ 1,014,593 $ 50,194 $ 935,282 $ 985,476 Loans held-for-sale 6,871 3,417 3,455 6,872 Financial liabilities Deposits (1) 1,930,341 1,930,165 — 1,930,165 Long-term debt 275,982 271,993 1,136 273,129 Commercial unfunded lending commitments (2) 1,650 77 6,596 6,673 (1) Includes demand deposits of $887.7 billion and $918.9 billion with no stated maturities at September 30, 2023 and December 31, 2022. (2) The carrying value of commercial unfunded lending commitments is included in accrued expenses and other liabilities on the Consolidated Balance Sheet. The Corporation does not estimate the fair value of consumer unfunded lending commitments because, in many instances, the Corporation can reduce or cancel these commitments by providing notice to the borrower. For more information on commitments, see Note 10 – Commitments and Contingencies .

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables present net income and the components thereto (with net interest income on an FTE basis for the business segments, All Other and the total Corporation) for the three and nine months ended September 30, 2023 and 2022, and total assets at September 30, 2023 and 2022 for each business segment, as well as All Other. Results of Business Segments and All Other At and for the three months ended September 30 Total Corporation (1) Consumer Banking Global Wealth & Investment Management (Dollars in millions) 2023 2022 2023 2022 2023 2022 Net interest income $ 14,532 $ 13,871 $ 8,391 $ 7,784 $ 1,755 $ 1,981 Noninterest income 10,788 10,737 2,081 2,120 3,566 3,448 Total revenue, net of interest expense 25,320 24,608 10,472 9,904 5,321 5,429 Provision for credit losses 1,234 898 1,397 738 (6) 37 Noninterest expense 15,838 15,303 5,256 5,097 3,950 3,816 Income before income taxes 8,248 8,407 3,819 4,069 1,377 1,576 Income tax expense 446 1,325 955 997 344 386 Net income $ 7,802 $ 7,082 $ 2,864 $ 3,072 $ 1,033 $ 1,190 Period-end total assets $ 3,153,090 $ 3,072,953 $ 1,062,038 $ 1,149,918 $ 333,779 $ 370,790 Global Banking Global Markets All Other 2023 2022 2023 2022 2023 2022 Net interest income $ 3,613 $ 3,326 $ 674 $ 743 $ 99 $ 37 Noninterest income 2,590 2,265 4,268 3,740 (1,717) (836) Total revenue, net of interest expense 6,203 5,591 4,942 4,483 (1,618) (799) Provision for credit losses (119) 170 (14) 11 (24) (58) Noninterest expense 2,804 2,651 3,235 3,023 593 716 Income before income taxes 3,518 2,770 1,721 1,449 (2,187) (1,457) Income tax expense 950 734 473 384 (2,276) (1,176) Net income $ 2,568 $ 2,036 $ 1,248 $ 1,065 $ 89 $ (281) Period-end total assets $ 588,578 $ 575,442 $ 864,792 $ 848,752 $ 303,903 $ 128,051 (1) There were no material intersegment revenues. Results of Business Segments and All Other At and for the nine months ended September 30 Total Corporation (1) Consumer Banking Global Wealth & Investment Management (Dollars in millions) 2023 2022 2023 2022 2023 2022 Net interest income $ 43,407 $ 38,096 $ 25,421 $ 21,551 $ 5,436 $ 5,451 Noninterest income 33,637 32,637 6,281 6,302 10,442 10,887 Total revenue, net of interest expense 77,044 70,733 31,702 27,853 15,878 16,338 Provision for credit losses 3,290 1,451 3,753 1,036 32 29 Noninterest expense 48,114 45,895 16,182 14,977 11,942 11,706 Income before income taxes 25,640 23,387 11,767 11,840 3,904 4,603 Income tax expense 2,269 2,991 2,942 2,901 976 1,128 Net income $ 23,371 $ 20,396 $ 8,825 $ 8,939 $ 2,928 $ 3,475 Period-end total assets $ 3,153,090 $ 3,072,953 $ 1,062,038 $ 1,149,918 $ 333,779 $ 370,790 Global Banking Global Markets All Other 2023 2022 2023 2022 2023 2022 Net interest income $ 11,210 $ 8,304 $ 1,080 $ 2,717 $ 260 $ 73 Noninterest income 7,658 7,487 14,359 11,560 (5,103) (3,599) Total revenue, net of interest expense 18,868 15,791 15,439 14,277 (4,843) (3,526) Provision for credit losses (347) 492 (71) 24 (77) (130) Noninterest expense 8,563 8,133 9,935 9,249 1,492 1,830 Income before income taxes 10,652 7,166 5,575 5,004 (6,258) (5,226) Income tax expense 2,876 1,899 1,533 1,326 (6,058) (4,263) Net income $ 7,776 $ 5,267 $ 4,042 $ 3,678 $ (200) $ (963) Period-end total assets $ 588,578 $ 575,442 $ 864,792 $ 848,752 $ 303,903 $ 128,051 (1) There were no material intersegment revenues. The table below presents noninterest income and the associated components for the three and nine months ended September 30, 2023 and 2022 for each business segment, All Other and the total Corporation. For more information, see Note 2 – Net Interest Income and Noninterest Income . Noninterest Income by Business Segment and All Other Total Corporation Consumer Banking Global Wealth & Three Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 994 $ 1,060 $ 789 $ 834 $ (5) $ 4 Other card income 526 513 536 497 14 12 Total card income 1,520 1,573 1,325 1,331 9 16 Service charges Deposit-related fees 1,124 1,162 605 597 10 18 Lending-related fees 340 304 — — 10 — Total service charges 1,464 1,466 605 597 20 18 Investment and brokerage services Asset management fees 3,103 2,920 51 47 3,054 2,874 Brokerage fees 860 875 29 26 342 381 Total investment and brokerage services 3,963 3,795 80 73 3,396 3,255 Investment banking fees Underwriting income 531 452 — — 45 47 Syndication fees 209 283 — — — — Financial advisory services 448 432 — — — — Total investment banking fees 1,188 1,167 — — 45 47 Total fees and commissions 8,135 8,001 2,010 2,001 3,470 3,336 Market making and similar activities 3,325 3,068 5 3 34 30 Other income (loss) (672) (332) 66 116 62 82 Total noninterest income $ 10,788 $ 10,737 $ 2,081 $ 2,120 $ 3,566 $ 3,448 Global Banking Global Markets All Other (1) Three Months Ended September 30 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 194 $ 204 $ 16 $ 18 $ — $ — Other card income 3 2 — — (27) 2 Total card income 197 206 16 18 (27) 2 Service charges Deposit-related fees 490 524 19 24 — (1) Lending-related fees 264 247 66 57 — — Total service charges 754 771 85 81 — (1) Investment and brokerage services Asset management fees — — — — (2) (1) Brokerage fees 14 11 475 457 — — Total investment and brokerage services 14 11 475 457 (2) (1) Investment banking fees Underwriting income 230 181 318 260 (62) (36) Syndication fees 117 148 92 135 — — Financial advisory services 396 397 53 35 (1) — Total investment banking fees 743 726 463 430 (63) (36) Total fees and commissions 1,708 1,714 1,039 986 (92) (36) Market making and similar activities 21 52 3,195 2,874 70 109 Other income (loss) 861 499 34 (120) (1,695) (909) Total noninterest income $ 2,590 $ 2,265 $ 4,268 $ 3,740 $ (1,717) $ (836) (1) All Other includes eliminations of intercompany transactions. Noninterest Income by Business Segment and All Other Total Corporation Consumer Banking Global Wealth & Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 2,973 $ 3,067 $ 2,350 $ 2,430 $ (8) $ 15 Other card income 1,562 1,464 1,590 1,406 41 36 Total card income 4,535 4,531 3,940 3,836 33 51 Service charges Deposit-related fees 3,266 4,109 1,729 2,120 31 56 Lending-related fees 972 907 — — 26 — Total service charges 4,238 5,016 1,729 2,120 57 56 Investment and brokerage services Asset management fees 8,990 9,308 147 149 8,848 9,164 Brokerage fees 2,664 2,870 83 83 1,037 1,231 Total investment and brokerage services 11,654 12,178 230 232 9,885 10,395 Investment banking fees Underwriting income 1,757 1,559 — — 124 154 Syndication fees 620 896 — — — — Financial advisory services 1,186 1,297 — — — — Total investment banking fees 3,563 3,752 — — 124 154 Total fees and commissions 23,990 25,477 5,899 6,188 10,099 10,656 Market making and similar activities 11,734 9,023 15 5 100 66 Other income (loss) (2,087) (1,863) 367 109 243 165 Total noninterest income $ 33,637 $ 32,637 $ 6,281 $ 6,302 $ 10,442 $ 10,887 Global Banking Global Markets All Other (1) Nine Months Ended September 30 2023 2022 2023 2022 2023 2022 Fees and commissions: Card income Interchange fees $ 580 $ 573 $ 51 $ 49 $ — $ — Other card income 7 5 — — (76) 17 Total card income 587 578 51 49 (76) 17 Service charges Deposit-related fees 1,446 1,849 59 80 1 4 Lending-related fees 757 741 189 166 — — Total service charges 2,203 2,590 248 246 1 4 Investment and brokerage services Asset management fees — — — — (5) (5) Brokerage fees 37 36 1,507 1,520 — — Total investment and brokerage services 37 36 1,507 1,520 (5) (5) Investment banking fees Underwriting income 742 635 1,016 944 (125) (174) Syndication fees 345 466 275 430 — — Financial advisory services 1,042 1,197 144 99 — 1 Total investment banking fees 2,129 2,298 1,435 1,473 (125) (173) Total fees and commissions 4,956 5,502 3,241 3,288 (205) (157) Market making and similar activities 135 181 11,002 8,721 482 50 Other income (loss) 2,567 1,804 116 (449) (5,380) (3,492) Total noninterest income $ 7,658 $ 7,487 $ 14,359 $ 11,560 $ (5,103) $ (3,599) (1) All Other includes eliminations of intercompany transactions. Business Segment Reconciliations Three Months Ended September 30 Nine Months Ended September 30 (Dollars in millions) 2023 2022 2023 2022 Segments’ total revenue, net of interest expense $ 26,938 $ 25,407 $ 81,887 $ 74,259 Adjustments (1) : Asset and liability management activities 28 (13) (404) (146) Liquidating businesses, eliminations and other (1,646) (786) (4,439) (3,380) FTE basis adjustment (153) (106) (422) (315) Consolidated revenue, net of interest expense $ 25,167 $ 24,502 $ 76,622 $ 70,418 Segments’ total net income 7,713 7,363 23,571 21,359 Adjustments, net-of-tax (1) : Asset and liability management activities 16 (24) (309) (106) Liquidating businesses, eliminations and other 73 (257) 109 (857) Consolidated net income $ 7,802 $ 7,082 $ 23,371 $ 20,396 September 30 2023 2022 Segments’ total assets $ 2,849,187 $ 2,944,902 Adjustments (1) : Asset and liability management activities, including securities portfolio 1,185,910 1,129,824 Elimination of segment asset allocations to match liabilities (945,715) (1,065,057) Other 63,708 63,284 Consolidated total assets $ 3,153,090 $ 3,072,953 (1) Adjustments include consolidated income, expense and asset amounts not specifically allocated to individual business segments.

Summary of Significant Accoun_3

Summary of Significant Accounting Principles - Financial Instruments - Credit Losses (Details) - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to allowance for credit losses	$ (13,287)	$ (12,950)	$ (12,682)	$ (12,302)	$ (11,973)	$ (12,387)
Increase to retained earnings	287,064	283,319	273,197	269,524	269,118	270,066
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to retained earnings	$ 223,749	$ 218,397	207,003	$ 201,957	$ 197,159	$ 188,064
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to allowance for credit losses			243
Increase to retained earnings			184
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to retained earnings			$ 184

Net Interest Income and Nonin_3

Net Interest Income and Noninterest Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest income
Loans and leases	$ 14,830	$ 10,231	$ 41,897	$ 25,805
Debt securities	4,658	4,239	14,809	12,111
Federal funds sold and securities borrowed or purchased under agreements to resell	4,888	1,446	13,555	1,835
Trading account assets	2,217	1,449	6,321	3,753
Other interest income	7,031	2,256	18,051	3,986
Total interest income	33,624	19,621	94,633	47,490
Interest expense
Deposits	7,340	1,235	17,439	1,719
Short-term borrowings	7,629	2,264	22,164	2,705
Trading account liabilities	510	383	1,486	1,117
Long-term debt	3,766	1,974	10,559	4,168
Total interest expense	19,245	5,856	51,648	9,709
Net interest income	14,379	13,765	42,985	37,781
Noninterest income
Total fees and commissions	8,135	8,001	23,990	25,477
Market making and similar activities	3,325	3,068	11,734	9,023
Other income (loss)	(672)	(332)	(2,087)	(1,863)
Total noninterest income	10,788	10,737	33,637	32,637
Rewards, rebates and compensation expense	2,400	2,200	7,000	6,400
Card income
Noninterest income
Card income and service charges	1,520	1,573	4,535	4,531
Interchange fees
Noninterest income
Card income and service charges	994	1,060	2,973	3,067
Other card income
Noninterest income
Card income and service charges	526	513	1,562	1,464
Card Income, Interchange Fees and Merchant Income
Noninterest income
Interchange fees, gross and merchant income	3,400	3,300	9,900	9,500
Service charges
Noninterest income
Card income and service charges	1,464	1,466	4,238	5,016
Deposit-related fees
Noninterest income
Card income and service charges	1,124	1,162	3,266	4,109
Lending-related fees
Noninterest income
Card income and service charges	340	304	972	907
Investment and brokerage services
Noninterest income
Investment and brokerage services	3,963	3,795	11,654	12,178
Asset management fees
Noninterest income
Investment and brokerage services	3,103	2,920	8,990	9,308
Brokerage fees
Noninterest income
Investment and brokerage services	860	875	2,664	2,870
Total investment banking fees
Noninterest income
Investment banking fees	1,188	1,167	3,563	3,752
Underwriting income
Noninterest income
Investment banking fees	531	452	1,757	1,559
Syndication fees
Noninterest income
Investment banking fees	209	283	620	896
Financial advisory services
Noninterest income
Investment banking fees	$ 448	$ 432	$ 1,186	$ 1,297

Derivatives - Derivative Balanc

Derivatives - Derivative Balances (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Gross Derivative Assets
Gross Derivative Assets	$ 386,100	$ 398,300
Less: Legally enforceable master netting agreements	(305,700)	(315,900)
Less: Cash collateral received/paid	(32,900)	(33,800)
Derivative assets	47,464	48,642
Gross Derivative Liabilities
Gross Derivative Liabilities	380,400	398,500
Less: Legally enforceable master netting agreements	(305,700)	(315,900)
Less: Cash collateral received/paid	(33,800)	(37,800)
Derivative liabilities	40,855	44,816
Interest Rate Swap
Maximum Payout/Notional
Contract/Notional	20,628,100	18,285,900
Gross Derivative Assets
Gross Derivative Assets	158,200	158,900
Gross Derivative Liabilities
Gross Derivative Liabilities	154,700	157,000
Interest Rate Future and Forwards
Maximum Payout/Notional
Contract/Notional	3,903,600	2,796,300
Gross Derivative Assets
Gross Derivative Assets	11,100	8,600
Gross Derivative Liabilities
Gross Derivative Liabilities	9,500	7,800
Interest Rate Options | Written options
Maximum Payout/Notional
Contract/Notional	1,874,900	1,657,900
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	42,400	41,400
Interest Rate Options | Purchased options
Maximum Payout/Notional
Contract/Notional	1,764,800	1,594,700
Gross Derivative Assets
Gross Derivative Assets	43,000	42,400
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Foreign Exchange Swaps
Maximum Payout/Notional
Contract/Notional	1,905,900	1,509,000
Gross Derivative Assets
Gross Derivative Assets	41,900	44,300
Gross Derivative Liabilities
Gross Derivative Liabilities	38,800	43,700
Foreign Exchange Spot, Futures, and Forwards
Maximum Payout/Notional
Contract/Notional	4,947,100	4,159,300
Gross Derivative Assets
Gross Derivative Assets	50,400	60,000
Gross Derivative Liabilities
Gross Derivative Liabilities	48,000	62,700
Foreign Exchange Options | Written options
Maximum Payout/Notional
Contract/Notional	464,400	392,200
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	7,400	8,100
Foreign Exchange Options | Purchased options
Maximum Payout/Notional
Contract/Notional	442,300	362,600
Gross Derivative Assets
Gross Derivative Assets	7,800	8,300
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Equity Swaps
Maximum Payout/Notional
Contract/Notional	411,200	394,000
Gross Derivative Assets
Gross Derivative Assets	12,700	10,800
Gross Derivative Liabilities
Gross Derivative Liabilities	14,000	12,200
Equity Futures and Forwards
Maximum Payout/Notional
Contract/Notional	138,400	114,600
Gross Derivative Assets
Gross Derivative Assets	2,100	3,300
Gross Derivative Liabilities
Gross Derivative Liabilities	1,400	1,000
Equity Options | Written options
Maximum Payout/Notional
Contract/Notional	1,018,100	746,800
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	47,800	45,000
Equity Options | Purchased options
Maximum Payout/Notional
Contract/Notional	873,100	671,600
Gross Derivative Assets
Gross Derivative Assets	42,000	40,900
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Commodity Swaps
Maximum Payout/Notional
Contract/Notional	62,700	56,000
Gross Derivative Assets
Gross Derivative Assets	3,200	5,100
Gross Derivative Liabilities
Gross Derivative Liabilities	4,500	5,300
Commodity Futures and Forwards
Maximum Payout/Notional
Contract/Notional	185,900	157,300
Gross Derivative Assets
Gross Derivative Assets	3,700	3,000
Gross Derivative Liabilities
Gross Derivative Liabilities	3,100	3,100
Commodity Options | Written options
Maximum Payout/Notional
Contract/Notional	61,100	59,500
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	3,500	3,300
Commodity Options | Purchased options
Maximum Payout/Notional
Contract/Notional	67,000	61,800
Gross Derivative Assets
Gross Derivative Assets	3,200	3,600
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Credit default swaps: | Purchased credit derivatives:
Maximum Payout/Notional
Contract/Notional	412,600	319,900
Gross Derivative Assets
Gross Derivative Assets	2,300	2,800
Gross Derivative Liabilities
Gross Derivative Liabilities	1,900	1,600
Credit default swaps: | Written credit derivatives:
Maximum Payout/Notional
Contract/Notional	386,239	295,165
Gross Derivative Assets
Gross Derivative Assets	1,600	1,200
Gross Derivative Liabilities
Gross Derivative Liabilities	1,997	2,397
Total return swaps/options: | Purchased credit derivatives:
Maximum Payout/Notional
Contract/Notional	66,000	71,500
Gross Derivative Assets
Gross Derivative Assets	1,500	700
Gross Derivative Liabilities
Gross Derivative Liabilities	900	3,000
Total return swaps/options: | Written credit derivatives:
Maximum Payout/Notional
Contract/Notional	61,690	85,344
Gross Derivative Assets
Gross Derivative Assets	1,400	4,400
Gross Derivative Liabilities
Gross Derivative Liabilities	547	874
Credit derivatives | Purchased credit derivatives:
Gross Derivative Liabilities
Fair value asset (liability), with identical underlying referenced names and terms	(420)	(1,200)
Notional amount, with identical underlying referenced names and terms	366,100	276,900
Credit derivatives | Written credit derivatives:
Maximum Payout/Notional
Contract/Notional	447,929	380,509
Gross Derivative Liabilities
Gross Derivative Liabilities	2,544	3,271
Trading and Other Risk Management Derivatives
Gross Derivative Assets
Gross Derivative Assets	375,300	377,200
Gross Derivative Liabilities
Gross Derivative Liabilities	348,900	360,000
Trading and Other Risk Management Derivatives | Interest Rate Swap
Gross Derivative Assets
Gross Derivative Assets	149,200	138,200
Gross Derivative Liabilities
Gross Derivative Liabilities	125,000	120,300
Trading and Other Risk Management Derivatives | Interest Rate Future and Forwards
Gross Derivative Assets
Gross Derivative Assets	11,100	8,600
Gross Derivative Liabilities
Gross Derivative Liabilities	9,500	7,800
Trading and Other Risk Management Derivatives | Interest Rate Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	42,400	41,400
Trading and Other Risk Management Derivatives | Interest Rate Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	43,000	42,400
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Trading and Other Risk Management Derivatives | Foreign Exchange Swaps
Gross Derivative Assets
Gross Derivative Assets	41,200	44,000
Gross Derivative Liabilities
Gross Derivative Liabilities	38,600	43,300
Trading and Other Risk Management Derivatives | Foreign Exchange Spot, Futures, and Forwards
Gross Derivative Assets
Gross Derivative Assets	49,300	59,900
Gross Derivative Liabilities
Gross Derivative Liabilities	47,100	62,100
Trading and Other Risk Management Derivatives | Foreign Exchange Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	7,400	8,100
Trading and Other Risk Management Derivatives | Foreign Exchange Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	7,800	8,300
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Trading and Other Risk Management Derivatives | Equity Swaps
Gross Derivative Assets
Gross Derivative Assets	12,700	10,800
Gross Derivative Liabilities
Gross Derivative Liabilities	14,000	12,200
Trading and Other Risk Management Derivatives | Equity Futures and Forwards
Gross Derivative Assets
Gross Derivative Assets	2,100	3,300
Gross Derivative Liabilities
Gross Derivative Liabilities	1,400	1,000
Trading and Other Risk Management Derivatives | Equity Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	47,800	45,000
Trading and Other Risk Management Derivatives | Equity Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	42,000	40,900
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Trading and Other Risk Management Derivatives | Commodity Swaps
Gross Derivative Assets
Gross Derivative Assets	3,200	5,100
Gross Derivative Liabilities
Gross Derivative Liabilities	4,500	5,300
Trading and Other Risk Management Derivatives | Commodity Futures and Forwards
Gross Derivative Assets
Gross Derivative Assets	3,700	3,000
Gross Derivative Liabilities
Gross Derivative Liabilities	2,400	2,300
Trading and Other Risk Management Derivatives | Commodity Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	3,500	3,300
Trading and Other Risk Management Derivatives | Commodity Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	3,200	3,600
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Trading and Other Risk Management Derivatives | Credit default swaps: | Purchased credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	2,300	2,800
Gross Derivative Liabilities
Gross Derivative Liabilities	1,900	1,600
Trading and Other Risk Management Derivatives | Credit default swaps: | Written credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	1,600	1,200
Gross Derivative Liabilities
Gross Derivative Liabilities	2,000	2,400
Trading and Other Risk Management Derivatives | Total return swaps/options: | Purchased credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	1,500	700
Gross Derivative Liabilities
Gross Derivative Liabilities	900	3,000
Trading and Other Risk Management Derivatives | Total return swaps/options: | Written credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	1,400	4,400
Gross Derivative Liabilities
Gross Derivative Liabilities	500	900
Qualifying Accounting Hedges
Gross Derivative Assets
Gross Derivative Assets	10,800	21,100
Gross Derivative Liabilities
Gross Derivative Liabilities	31,500	38,500
Qualifying Accounting Hedges | Interest Rate Swap
Gross Derivative Assets
Gross Derivative Assets	9,000	20,700
Gross Derivative Liabilities
Gross Derivative Liabilities	29,700	36,700
Qualifying Accounting Hedges | Interest Rate Future and Forwards
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Interest Rate Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Interest Rate Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Foreign Exchange Swaps
Gross Derivative Assets
Gross Derivative Assets	700	300
Gross Derivative Liabilities
Gross Derivative Liabilities	200	400
Qualifying Accounting Hedges | Foreign Exchange Spot, Futures, and Forwards
Gross Derivative Assets
Gross Derivative Assets	1,100	100
Gross Derivative Liabilities
Gross Derivative Liabilities	900	600
Qualifying Accounting Hedges | Foreign Exchange Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Foreign Exchange Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Equity Swaps
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Equity Futures and Forwards
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Equity Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Equity Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Commodity Swaps
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Commodity Futures and Forwards
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	700	800
Qualifying Accounting Hedges | Commodity Options | Written options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Commodity Options | Purchased options
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Credit default swaps: | Purchased credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Credit default swaps: | Written credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Total return swaps/options: | Purchased credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	0	0
Qualifying Accounting Hedges | Total return swaps/options: | Written credit derivatives:
Gross Derivative Assets
Gross Derivative Assets	0	0
Gross Derivative Liabilities
Gross Derivative Liabilities	$ 0	$ 0

Derivatives - Offsetting Assets

Derivatives - Offsetting Assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Offsetting Assets [Line Items]
Derivative assets, after netting	$ 44,200	$ 45,900
Other gross derivative assets	3,300	2,700
Derivative assets	47,464	48,642
Less: Financial instruments collateral	(18,500)	(18,500)
Total net derivative assets	29,000	30,100
Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	270,800	286,800
Less: Legally enforceable master netting agreements and cash collateral received/paid	(228,900)	(243,800)
Exchange-traded
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	35,400	35,800
Less: Legally enforceable master netting agreements and cash collateral received/paid	(34,500)	(33,500)
Over-the-counter cleared
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	76,600	73,000
Less: Legally enforceable master netting agreements and cash collateral received/paid	(75,200)	(72,400)
Interest rate contracts | Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	135,600	138,400
Interest rate contracts | Exchange-traded
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	400	400
Interest rate contracts | Over-the-counter cleared
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	75,300	71,400
Foreign exchange contracts | Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	97,800	109,700
Foreign exchange contracts | Over-the-counter cleared
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	900	1,300
Equity contracts | Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	23,900	21,500
Equity contracts | Exchange-traded
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	32,600	33,000
Commodity contracts | Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	6,800	8,300
Commodity contracts | Exchange-traded
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	2,400	2,400
Commodity contracts | Over-the-counter cleared
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	400	300
Credit derivatives | Over-the-counter
Offsetting Assets [Line Items]
Total gross derivative assets, before netting	$ 6,700	$ 8,900

Derivatives - Offsetting Liabil

Derivatives - Offsetting Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Offsetting Liabilities [Line Items]
Derivative liabilities, after netting	$ 34,900	$ 37,000
Other gross derivative liabilities	6,000	7,800
Derivative liabilities	40,855	44,816
Less: Financial instruments collateral	(9,900)	(7,400)
Total net derivative liabilities	31,000	37,400
Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	260,900	282,300
Less: Legally enforceable master netting agreements and cash collateral received/paid	(229,400)	(248,200)
Exchange-traded
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	36,600	35,800
Less: Legally enforceable master netting agreements and cash collateral received/paid	(34,500)	(33,500)
Over-the-counter cleared
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	76,900	72,600
Less: Legally enforceable master netting agreements and cash collateral received/paid	(75,600)	(72,000)
Interest rate contracts | Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	127,900	132,300
Interest rate contracts | Exchange-traded
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	200	100
Interest rate contracts | Over-the-counter cleared
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	75,500	71,100
Foreign exchange contracts | Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	92,500	110,600
Foreign exchange contracts | Over-the-counter cleared
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	900	1,200
Equity contracts | Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	27,300	22,600
Equity contracts | Exchange-traded
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	34,000	33,800
Commodity contracts | Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	8,000	9,300
Commodity contracts | Exchange-traded
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	2,400	1,900
Commodity contracts | Over-the-counter cleared
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	500	300
Credit derivatives | Over-the-counter
Offsetting Liabilities [Line Items]
Total gross derivative liabilities, before netting	$ 5,200	$ 7,500

Derivatives - Gains and Losses

Derivatives - Gains and Losses on Derivatives Designated as Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ (1,881)	$ 1,169	$ (2,983)	$ (2,779)
Hedged Item	1,849	(1,192)	2,908	2,792
Interest rate risk on long-term debt
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(4,339)	(8,435)	(4,581)	(27,458)
Hedged Item	4,299	8,437	4,510	27,630
Interest rate and foreign currency risk
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	114	(77)	229	(137)
Hedged Item	(113)	78	(225)	137
Interest rate and foreign currency risk | Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	2	(6)	9	(40)
Interest rate and foreign currency risk | Interest Income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	21		22
Interest rate and foreign currency risk | Market making and similar activities
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	90	(71)	195	(96)
Interest rate risk on available-for-sale securities
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	1,934	8,675	787	23,442
Hedged Item	(1,927)	(8,769)	(795)	(23,705)
Price risk on commodity inventory | Interest Income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	410	1,006	582	1,374
Hedged Item	(410)	(938)	(582)	(1,270)
Accumulated Other Comprehensive Income (Loss) | Interest rate and foreign currency risk
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ 1	$ 0	$ 3	$ (1)

Derivatives - Designated Fair V

Derivatives - Designated Fair Value Hedged Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Hedged liability, long-term debt, carrying value	$ 194,138	$ 187,402
Hedged liability, long-term debt, cumulative fair value adjustments	(14,154)	(21,372)
Amortized cost basis of portfolios used in hedging relationships	21,300	21,400
Hedged asset, portfolio layer	17,300	9,200
Cumulative basis adjustments, decrease, hedging relationships	741	451
AFS debt securities – Non-agency residential
Derivative [Line Items]
Hedged asset, available-for-sale debt securities and trading account assets, carrying value	86,730	167,518
Hedged asset, available-for-sale debt securities, cumulative fair value adjustments	(6,262)	(18,190)
Total trading account assets
Derivative [Line Items]
Hedged asset, available-for-sale debt securities and trading account assets, carrying value	7,452	16,119
Hedged asset, available-for-sale debt securities, cumulative fair value adjustments	205	146
Interest rate risk on long-term debt
Derivative [Line Items]
Increase (decrease) in liability	(10,700)	137
Interest rate risk on available-for-sale securities
Derivative [Line Items]
Available-for-sale securities from discontinued hedging relationships cumulative decrease	$ 5,600	$ 4,900

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Shareholders’ equity	$ 287,064	$ 283,319	$ 273,197	$ 269,524	$ 269,118	$ 270,066
Net income (loss) in AOCI expected to be reclassified, after tax	(4,700)
Net income (loss) in AOCI expected to be reclassified	$ (6,200)
Open cash flow hedge, forecasted transactions hedging period (in years)	10 years
Terminated cash flow hedges, period forecasted transaction recognized in interest income (in years)	5 years
Bank of America, N.A.
Derivative [Line Items]
Collateral not yet posted	$ 1,500
Credit derivatives
Derivative [Line Items]
Cash and securities held as collateral	104,600		101,300
Cash and securities collateral posted	84,100		81,200
Collateral not yet posted	2,900
Foreign Mortgage-backed Securities and Foreign Securities
Derivative [Line Items]
Transfer of mortgage-backed securities to third-party trust	4,300		4,800
Gross cash proceeds from transfer of securities	4,300		4,900
Fair value of derecognized assets	4,200		4,700
Derivatives
Derivative [Line Items]
Shareholders’ equity	(12,252)		$ (11,935)	$ (12,770)		$ (1,880)
Pretax income (loss) in accumulated OCI	$ (16,300)

Derivatives - Derivatives Desig

Derivatives - Derivatives Designated as Cash Flow and Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) excluded from effectiveness testing and recognized in market making and similar activities	$ 36	$ 38	$ 145	$ (109)
Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Accumulated OCI on Derivatives	(743)	(5,058)	(1,031)	(14,679)
Gains (Losses) in Income Reclassified from Accumulated OCI	(256)	(105)	(594)	(154)
Interest rate risk on variable-rate portfolios | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Accumulated OCI on Derivatives	(737)	(5,045)	(1,065)	(14,443)
Gains (Losses) in Income Reclassified from Accumulated OCI	(263)	(110)	(612)	(191)
Price risk on forecasted MBS purchases | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Accumulated OCI on Derivatives	2	0	6	(129)
Gains (Losses) in Income Reclassified from Accumulated OCI	0	0	0	13
Price risk on certain compensation plans | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Accumulated OCI on Derivatives	(8)	(13)	28	(107)
Gains (Losses) in Income Reclassified from Accumulated OCI	7	5	18	24
Foreign exchange risk | Net investment hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Accumulated OCI on Derivatives	802	1,541	334	3,339
Gains (Losses) in Income Reclassified from Accumulated OCI	$ 133	$ 3	$ 136	$ 3

Derivatives - Other Risk Manage

Derivatives - Other Risk Management Derivatives (Details) - Other income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest rate risk on mortgage activities
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedging	$ (54)	$ (64)	$ (51)	$ (321)
Credit risk on loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedging	(7)	(30)	(47)	(17)
Interest rate and foreign currency risk on ALM activities
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedging	381	1,591	1,040	7,204
Price risk on certain compensation plans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives not designated as hedging	$ (199)	$ (192)	$ 184	$ (1,283)

Derivatives - Sales and Trading

Derivatives - Sales and Trading Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	$ 3,325	$ 3,068	$ 11,734	$ 9,023
Brokerage commissions and asset management fee revenue | Global Markets
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	474	444	1,500	1,500
Trading Derivatives and Securities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	4,296	4,034	13,472	12,711
Trading Derivatives and Securities | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	3,194	2,873	10,999	8,719
Trading Derivatives and Securities | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	473	528	477	2,095
Trading Derivatives and Securities | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	629	633	1,996	1,897
Trading Derivatives and Securities | Interest rate risk
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	985	944	3,386	3,124
Trading Derivatives and Securities | Interest rate risk | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	815	372	2,867	1,452
Trading Derivatives and Securities | Interest rate risk | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	80	432	218	1,381
Trading Derivatives and Securities | Interest rate risk | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	90	140	301	291
Trading Derivatives and Securities | Foreign exchange risk
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	495	511	1,523	1,498
Trading Derivatives and Securities | Foreign exchange risk | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	446	552	1,355	1,562
Trading Derivatives and Securities | Foreign exchange risk | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	32	13	113	(13)
Trading Derivatives and Securities | Foreign exchange risk | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	17	(54)	55	(51)
Trading Derivatives and Securities | Equity risk
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	1,666	1,549	4,895	5,184
Trading Derivatives and Securities | Equity risk | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	1,458	1,532	5,116	4,474
Trading Derivatives and Securities | Equity risk | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	(218)	(399)	(1,566)	(694)
Trading Derivatives and Securities | Equity risk | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	426	416	1,345	1,404
Trading Derivatives and Securities | Credit risk
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	1,032	910	3,308	2,296
Trading Derivatives and Securities | Credit risk | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	349	252	1,140	561
Trading Derivatives and Securities | Credit risk | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	590	544	1,865	1,559
Trading Derivatives and Securities | Credit risk | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	93	114	303	176
Trading Derivatives and Securities | Other risk
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	118	120	360	609
Trading Derivatives and Securities | Other risk | Market making and similar activities
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	126	165	521	670
Trading Derivatives and Securities | Other risk | Net Interest Income
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	(11)	(62)	(153)	(138)
Trading Derivatives and Securities | Other risk | Other
Trading Activity, Gains and Losses, Net [Line Items]
Sales and trading revenue	$ 3	$ 17	$ (8)	$ 77

Derivatives - Credit Derivative

Derivatives - Credit Derivatives (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Carrying Value of Credit Derivatives
Total	$ 380,400	$ 398,500
Carrying Value of Credit-related Notes
Less than One Year	0	0
One to Three Years	4	7
Three to Five Years	7	25
Over Five Years	1,873	2,052
Total	1,884	2,084
Credit derivatives | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	146	509
One to Three Years	611	886
Three to Five Years	940	1,135
Over Five Years	847	741
Total	2,544	3,271
Maximum Payout/Notional
Less than One Year	88,563	121,385
One to Three Years	112,245	106,706
Three to Five Years	184,227	126,182
Over Five Years	62,894	26,236
Total	447,929	380,509
Credit default swaps: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	19	122
One to Three Years	294	541
Three to Five Years	847	1,003
Over Five Years	837	731
Total	1,997	2,397
Maximum Payout/Notional
Less than One Year	47,866	49,899
One to Three Years	96,281	95,799
Three to Five Years	180,242	124,128
Over Five Years	61,850	25,339
Total	386,239	295,165
Total return swaps/options: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	127	387
One to Three Years	317	345
Three to Five Years	93	132
Over Five Years	10	10
Total	547	874
Maximum Payout/Notional
Less than One Year	40,697	71,486
One to Three Years	15,964	10,907
Three to Five Years	3,985	2,054
Over Five Years	1,044	897
Total	61,690	85,344
Investment grade
Carrying Value of Credit-related Notes
Less than One Year	0	0
One to Three Years	0	0
Three to Five Years	1	19
Over Five Years	745	1,017
Total	746	1,036
Investment grade | Credit default swaps: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	0	2
One to Three Years	8	25
Three to Five Years	69	133
Over Five Years	44	34
Total	121	194
Maximum Payout/Notional
Less than One Year	32,425	34,670
One to Three Years	63,851	66,170
Three to Five Years	139,008	93,237
Over Five Years	47,781	18,677
Total	283,065	212,754
Investment grade | Total return swaps/options: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	21	55
One to Three Years	118	336
Three to Five Years	0	0
Over Five Years	0	0
Total	139	391
Maximum Payout/Notional
Less than One Year	25,097	38,722
One to Three Years	12,709	10,407
Three to Five Years	1,598	0
Over Five Years	105	0
Total	39,509	49,129
Non-investment grade
Carrying Value of Credit-related Notes
Less than One Year	0	0
One to Three Years	4	7
Three to Five Years	6	6
Over Five Years	1,128	1,035
Total	1,138	1,048
Non-investment grade | Credit default swaps: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	19	120
One to Three Years	286	516
Three to Five Years	778	870
Over Five Years	793	697
Total	1,876	2,203
Maximum Payout/Notional
Less than One Year	15,441	15,229
One to Three Years	32,430	29,629
Three to Five Years	41,234	30,891
Over Five Years	14,069	6,662
Total	103,174	82,411
Non-investment grade | Total return swaps/options: | Written credit derivatives:
Carrying Value of Credit Derivatives
Less than One Year	106	332
One to Three Years	199	9
Three to Five Years	93	132
Over Five Years	10	10
Total	408	483
Maximum Payout/Notional
Less than One Year	15,600	32,764
One to Three Years	3,255	500
Three to Five Years	2,387	2,054
Over Five Years	939	897
Total	$ 22,181	$ 36,215

Derivatives - Credit-related Co

Derivatives - Credit-related Contingent Features and Collateral (Details) $ in Millions	Sep. 30, 2023 USD ($)
Derivative [Line Items]
Additional collateral required to be posted upon downgrade, one incremental notch	$ 174
Additional collateral required to be posted upon downgrade, second incremental notch	951
Credit derivatives
Derivative [Line Items]
Derivative liability subject to unilateral termination upon downgrade, one incremental notch	57
Derivative liability subject to unilateral termination upon downgrade, second incremental notch	477
Collateral posted subject to unilateral termination upon downgrade, one incremental notch	56
Collateral posted subject to unilateral termination upon downgrade, second incremental notch	312
Bank of America, N.A.
Derivative [Line Items]
Additional collateral required to be posted upon downgrade, one incremental notch	82
Additional collateral required to be posted upon downgrade, second incremental notch	$ 793

Derivatives - Valuation Adjustm

Derivatives - Valuation Adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Valuation Gain Loss on Derivatives, Gross [Abstract]
Derivative assets (CVA)	$ 30	$ (44)	$ 151	$ (217)
Derivative assets/liabilities (FVA)	21	67	4	147
Derivative liabilities (DVA)	18	$ 103	(66)	$ 444
Cumulative credit valuation adjustment	367		367		$ 518
Cumulative funding valuation adjustment	50		50		54
Cumulative debit valuation adjustment	$ 440		$ 440		$ 506

Securities - Debt Securities (D

Securities - Debt Securities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Available-for-sale debt securities
Amortized Cost	$ 170,125	$ 225,485
Gross Unrealized Gains	42	90
Gross Unrealized Losses	(4,557)	(4,787)
Fair Value	165,610	220,788
Other Debt Securities, Carried at Fair Value:
Amortized Cost	9,933	8,986
Gross Unrealized Gains	56	376
Gross Unrealized Losses	(59)	(156)
Fair Value	9,930	9,206
Debt securities carried at fair value:
Amortized Cost	180,058	234,471
Gross Unrealized Gains	98	466
Gross Unrealized Losses	(4,616)	(4,943)
Fair Value	175,540	229,994
Held-to-maturity Securities:
Amortized Cost	603,365	632,863
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(131,604)	(108,596)
Fair Value	471,761	524,267
Debt securities:
Amortized Cost	783,423	867,334
Gross Unrealized Gains	98	466
Gross Unrealized Losses	(136,220)	(113,539)
Fair Value	647,301	754,261
Securities, pledged as collateral	141,000	104,500
FNMA
Debt securities carried at fair value:
Amortized Cost	273,700	290,500
Fair Value	211,500	239,600
FHLMC
Debt securities carried at fair value:
Amortized Cost	167,800	176,700
Fair Value	129,000	144,600
Mortgage-backed securities
Available-for-sale debt securities
Amortized Cost	32,160	35,011
Gross Unrealized Gains	17	48
Gross Unrealized Losses	(2,847)	(2,603)
Fair Value	29,330	32,456
Debt securities carried at fair value:
Fair Value	29,624
Agency
Available-for-sale debt securities
Amortized Cost	22,435	25,204
Gross Unrealized Gains	0	5
Gross Unrealized Losses	(1,931)	(1,767)
Fair Value	20,504	23,442
Debt securities carried at fair value:
Fair Value	20,504
Held-to-maturity Securities:
Amortized Cost	474,100	503,233
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(106,890)	(87,319)
Fair Value	367,210	415,914
Agency-collateralized mortgage obligations
Available-for-sale debt securities
Amortized Cost	1,964	2,452
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(266)	(231)
Fair Value	1,698	2,221
Debt securities carried at fair value:
Fair Value	1,698
Commercial
Available-for-sale debt securities
Amortized Cost	7,309	6,894
Gross Unrealized Gains	14	28
Gross Unrealized Losses	(582)	(515)
Fair Value	6,741	6,407
Debt securities carried at fair value:
Fair Value	6,752
Non-agency residential
Available-for-sale debt securities
Amortized Cost	452	461
Gross Unrealized Gains	3	15
Gross Unrealized Losses	(68)	(90)
Fair Value	387	$ 386
Debt securities carried at fair value:
Fair Value	$ 670
Non-agency residential | Prime
Debt securities:
Available-for-sale securities, percent held by rating	17%	17%
Non-agency residential | Subprime
Debt securities:
Available-for-sale securities, percent held by rating	83%	83%
U.S. Treasury and government agencies
Available-for-sale debt securities
Amortized Cost	$ 104,828	$ 160,773
Gross Unrealized Gains	6	18
Gross Unrealized Losses	(1,198)	(1,769)
Fair Value	103,636	159,022
Debt securities carried at fair value:
Fair Value	104,694
Held-to-maturity Securities:
Amortized Cost	121,633	121,597
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(23,351)	(20,259)
Fair Value	98,282	101,338
Non-U.S. securities
Available-for-sale debt securities
Amortized Cost	18,901	13,455
Gross Unrealized Gains	18	4
Gross Unrealized Losses	(47)	(52)
Fair Value	18,872	13,407
Debt securities carried at fair value:
Fair Value	27,448
Other taxable securities
Available-for-sale debt securities
Amortized Cost	3,271	4,728
Gross Unrealized Gains	1	1
Gross Unrealized Losses	(93)	(84)
Fair Value	3,179	4,645
Debt securities carried at fair value:
Fair Value	3,183
Held-to-maturity Securities:
Amortized Cost	7,632	8,033
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,363)	(1,018)
Fair Value	6,269	7,015
Tax-exempt securities
Available-for-sale debt securities
Amortized Cost	10,965	11,518
Gross Unrealized Gains	0	19
Gross Unrealized Losses	(372)	(279)
Fair Value	10,593	$ 11,258
Debt securities carried at fair value:
Fair Value	$ 10,591

Securities - Narrative (Details

Securities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Other assets
Investments, Debt And Equity Securities [Line Items]
Equity securities, fair value	$ 270	$ 581
Equity securities, cost	373	340
Time Deposits Placed and Other Short-term Investments
Investments, Debt And Equity Securities [Line Items]
Time deposits placed and other short-term investments	1,100	868
AFS securities
Investments, Debt And Equity Securities [Line Items]
Accumulated net unrealized loss on AFS debt securities	3,400
Accumulated other comprehensive income benefit	1,100
U.S. Agency And U.S. Treasury Securities
Investments, Debt And Equity Securities [Line Items]
AFS and HTM debt securities	738,200	826,500
All Non U.S. Agency And Non U.S. Treasury Securities
Investments, Debt And Equity Securities [Line Items]
AFS and HTM debt securities	$ 35,300	$ 31,800

Securities - Gross Realized Gai

Securities - Gross Realized Gains (Losses) on Sales of Available For Sale Debt Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Gross gains	$ 0	$ 540	$ 104	$ 1,243
Gross losses	0	(526)	(508)	(1,206)
Net gains (losses) on sales of AFS debt securities	0	14	(404)	37
Income tax expense (benefit) attributable to realized net gains (losses) on sales of AFS debt securities	$ 0	$ 4	$ (101)	$ 9

Securities - AFS Debt Securitie

Securities - AFS Debt Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Fair Value
Less than Twelve Months	$ 14,158	$ 72,233
Twelve Months or Longer	99,354	131,635
Total	113,512	203,868
Gross Unrealized Losses
Less than Twelve Months	(136)	(1,815)
Twelve Months or Longer	(4,421)	(2,972)
Total	(4,557)	(4,787)
Mortgage-backed securities
Fair Value
Less than Twelve Months	1,998	23,461
Twelve Months or Longer	26,541	7,814
Total	28,539	31,275
Gross Unrealized Losses
Less than Twelve Months	(51)	(1,429)
Twelve Months or Longer	(2,796)	(1,174)
Total	(2,847)	(2,603)
Agency
Fair Value
Less than Twelve Months	469	18,759
Twelve Months or Longer	20,002	4,437
Total	20,471	23,196
Gross Unrealized Losses
Less than Twelve Months	(17)	(1,118)
Twelve Months or Longer	(1,914)	(649)
Total	(1,931)	(1,767)
Agency-collateralized mortgage obligations
Fair Value
Less than Twelve Months	2	1,165
Twelve Months or Longer	1,696	1,022
Total	1,698	2,187
Gross Unrealized Losses
Less than Twelve Months	0	(96)
Twelve Months or Longer	(266)	(135)
Total	(266)	(231)
Commercial
Fair Value
Less than Twelve Months	1,527	3,273
Twelve Months or Longer	4,467	2,258
Total	5,994	5,531
Gross Unrealized Losses
Less than Twelve Months	(34)	(150)
Twelve Months or Longer	(548)	(365)
Total	(582)	(515)
Non-agency residential
Fair Value
Less than Twelve Months	0	264
Twelve Months or Longer	376	97
Total	376	361
Gross Unrealized Losses
Less than Twelve Months	0	(65)
Twelve Months or Longer	(68)	(25)
Total	(68)	(90)
U.S. Treasury and government agencies
Fair Value
Less than Twelve Months	151	36,730
Twelve Months or Longer	66,979	118,636
Total	67,130	155,366
Gross Unrealized Losses
Less than Twelve Months	(5)	(308)
Twelve Months or Longer	(1,193)	(1,461)
Total	(1,198)	(1,769)
Non-U.S. securities
Fair Value
Less than Twelve Months	8,388	9,399
Twelve Months or Longer	1,878	756
Total	10,266	10,155
Gross Unrealized Losses
Less than Twelve Months	(24)	(34)
Twelve Months or Longer	(23)	(18)
Total	(47)	(52)
Other taxable securities
Fair Value
Less than Twelve Months	1,883	2,036
Twelve Months or Longer	1,244	1,580
Total	3,127	3,616
Gross Unrealized Losses
Less than Twelve Months	(13)	(16)
Twelve Months or Longer	(80)	(68)
Total	(93)	(84)
Tax-exempt securities
Fair Value
Less than Twelve Months	1,738	607
Twelve Months or Longer	2,712	2,849
Total	4,450	3,456
Gross Unrealized Losses
Less than Twelve Months	(43)	(28)
Twelve Months or Longer	(329)	(251)
Total	$ (372)	$ (279)

Securities - Maturities of Debt

Securities - Maturities of Debt Securities Carried at Fair Value and Held-to-maturity Debt Securities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]
Due in one year or less, amount	$ 42
Due in one year or less, yield	5.82%
Due after one year through five years, amount	$ 5,820
Due after one year through five years, yield	1.95%
Due after five years through ten years, amount	$ 117,359
Due after five years though ten years, yield	1.37%
Due after ten years, amount	$ 480,144
Due after ten years, yield	2.12%
Amortized Cost	$ 603,365	$ 632,863
Total, yield	1.97%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Fair Value	$ 175,540	229,994
Held-to-maturity Securities, Debt Maturities, Fair Value [Abstract]
Due in One Year or Less	42
Due after One Year through Five Years	5,322
Due after Five Years through Ten Years	94,349
Due after Ten Years	372,048
Held-to-maturity, fair value	471,761	524,267
AFS securities
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 57,164
Due in one year or less, yield	4.22%
Due after one year through five years, amount	$ 58,776
Due after one year through five years, yield	3.02%
Due after five years through ten years, amount	$ 32,581
Due after five years through ten years, yield	2.77%
Due after ten years, amount	$ 31,537
Due after ten years, yield	3.71%
Amount	$ 180,058
Total, yield	3.48%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 57,150
Due after one year through five years, amount	57,960
Due after five years though ten years, amount	31,684
Due after ten years, amount	28,746
Fair Value	175,540
Mortgage-backed securities
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 1,133
Due after one year through five years, yield	3.07%
Due after five years through ten years, amount	$ 4,650
Due after five years through ten years, yield	2.61%
Due after ten years, amount	$ 26,673
Due after ten years, yield	3.60%
Amount	$ 32,456
Total, yield	3.44%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 1
Due after one year through five years, amount	1,098
Due after five years though ten years, amount	4,385
Due after ten years, amount	24,140
Fair Value	29,624
Agency
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 4
Due after one year through five years, yield	3.75%
Due after five years through ten years, amount	$ 31
Due after five years through ten years, yield	5.35%
Due after ten years, amount	$ 22,400
Due after ten years, yield	3.53%
Amount	$ 22,435
Total, yield	3.53%
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 0
Due after one year through five years, yield	0%
Due after five years through ten years, amount	$ 12
Due after five years though ten years, yield	2.75%
Due after ten years, amount	$ 474,088
Due after ten years, yield	2.12%
Amortized Cost	$ 474,100	503,233
Total, yield	2.12%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due after one year through five years, amount	4
Due after five years though ten years, amount	31
Due after ten years, amount	20,469
Fair Value	20,504
Held-to-maturity Securities, Debt Maturities, Fair Value [Abstract]
Due in One Year or Less	0
Due after One Year through Five Years	0
Due after Five Years through Ten Years	10
Due after Ten Years	367,200
Held-to-maturity, fair value	367,210	415,914
Agency-collateralized mortgage obligations
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 0
Due after one year through five years, yield	0%
Due after five years through ten years, amount	$ 0
Due after five years through ten years, yield	0%
Due after ten years, amount	$ 1,964
Due after ten years, yield	2.79%
Amount	$ 1,964
Total, yield	2.79%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due after one year through five years, amount	0
Due after five years though ten years, amount	0
Due after ten years, amount	1,698
Fair Value	1,698
Commercial
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 1,129
Due after one year through five years, yield	3.06%
Due after five years through ten years, amount	$ 4,619
Due after five years through ten years, yield	2.59%
Due after ten years, amount	$ 1,574
Due after ten years, yield	2.45%
Amount	$ 7,322
Total, yield	2.63%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 1
Due after one year through five years, amount	1,092
Due after five years though ten years, amount	4,354
Due after ten years, amount	1,305
Fair Value	6,752
Non-agency residential
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 0
Due after one year through five years, yield	0%
Due after five years through ten years, amount	$ 0
Due after five years through ten years, yield	0%
Due after ten years, amount	$ 735
Due after ten years, yield	10.18%
Amount	$ 735
Total, yield	10.18%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 0
Due after one year through five years, amount	2
Due after five years though ten years, amount	0
Due after ten years, amount	668
Fair Value	670
U.S. Treasury and government agencies
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 37,773
Due in one year or less, yield	5.23%
Due after one year through five years, amount	$ 45,637
Due after one year through five years, yield	3.05%
Due after five years through ten years, amount	$ 22,437
Due after five years through ten years, yield	2.33%
Due after ten years, amount	$ 39
Due after ten years, yield	3.89%
Amount	$ 105,886
Total, yield	3.67%
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]
Due in one year or less, amount	$ 0
Due in one year or less, yield	0%
Due after one year through five years, amount	$ 4,558
Due after one year through five years, yield	1.80%
Due after five years through ten years, amount	$ 117,075
Due after five years though ten years, yield	1.37%
Due after ten years, amount	$ 0
Due after ten years, yield	0%
Amortized Cost	$ 121,633	121,597
Total, yield	1.39%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 37,776
Due after one year through five years, amount	44,973
Due after five years though ten years, amount	21,910
Due after ten years, amount	35
Fair Value	104,694
Held-to-maturity Securities, Debt Maturities, Fair Value [Abstract]
Due in One Year or Less	0
Due after One Year through Five Years	4,153
Due after Five Years through Ten Years	94,129
Due after Ten Years	0
Held-to-maturity, fair value	98,282	101,338
Non-U.S. securities
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 17,748
Due in one year or less, yield	2.04%
Due after one year through five years, amount	$ 5,850
Due after one year through five years, yield	1.17%
Due after five years through ten years, amount	$ 3,203
Due after five years through ten years, yield	5.40%
Due after ten years, amount	$ 678
Due after ten years, yield	5.26%
Amount	$ 27,479
Total, yield	2.33%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 17,737
Due after one year through five years, amount	5,834
Due after five years though ten years, amount	3,199
Due after ten years, amount	678
Fair Value	27,448
Other taxable securities
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 409
Due in one year or less, yield	5.60%
Due after one year through five years, amount	$ 2,355
Due after one year through five years, yield	6.08%
Due after five years through ten years, amount	$ 294
Due after five years through ten years, yield	3%
Due after ten years, amount	$ 213
Due after ten years, yield	3.60%
Amount	$ 3,271
Total, yield	5.59%
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]
Due in one year or less, amount	$ 42
Due in one year or less, yield	5.82%
Due after one year through five years, amount	$ 1,262
Due after one year through five years, yield	2.50%
Due after five years through ten years, amount	$ 272
Due after five years though ten years, yield	3.29%
Due after ten years, amount	$ 6,056
Due after ten years, yield	2.49%
Amortized Cost	$ 7,632	8,033
Total, yield	2.54%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 407
Due after one year through five years, amount	2,330
Due after five years though ten years, amount	248
Due after ten years, amount	198
Fair Value	3,183
Held-to-maturity Securities, Debt Maturities, Fair Value [Abstract]
Due in One Year or Less	42
Due after One Year through Five Years	1,169
Due after Five Years through Ten Years	210
Due after Ten Years	4,848
Held-to-maturity, fair value	6,269	$ 7,015
Tax-exempt securities
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 1,234
Due in one year or less, yield	4.13%
Due after one year through five years, amount	$ 3,801
Due after one year through five years, yield	3.64%
Due after five years through ten years, amount	$ 1,997
Due after five years through ten years, yield	3.85%
Due after ten years, amount	$ 3,934
Due after ten years, yield	4.23%
Amount	$ 10,966
Total, yield	3.95%
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, amount	$ 1,229
Due after one year through five years, amount	3,725
Due after five years though ten years, amount	1,942
Due after ten years, amount	3,695
Fair Value	$ 10,591

Outstanding Loans and Leases _3

Outstanding Loans and Leases and Allowance for Credit Losses - Past Due (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 1,049,149	$ 1,045,747
Percentage of outstandings, total outstanding	100%	100%
Loans and leases, measured at fair value	$ 4,250	$ 5,771
Asset Pledged as Collateral
Financing Receivable, Past Due [Line Items]
Loans and leases	40,300	18,500
Asset Pledged as Collateral | Federal Reserve Bank And Federal Home Loan Bank
Financing Receivable, Past Due [Line Items]
Loans and leases	227,700	163,600
Estimate of Fair Value Measurement
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 4,250	$ 5,771
Percentage of outstandings, total outstanding	0.40%	0.55%
Direct/indirect consumer | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Nonperforming loans	$ 37	$ 27
Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	458,779	456,385
Consumer Portfolio Segment | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	458,526	456,046
Consumer Portfolio Segment | Estimate of Fair Value Measurement
Financing Receivable, Past Due [Line Items]
Loans and leases	253	339
Consumer Portfolio Segment | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases, measured at fair value	67	71
Consumer Portfolio Segment | Home equity lines of credit
Financing Receivable, Past Due [Line Items]
Loans and leases, measured at fair value	186	268
Consumer real estate | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Nonperforming loans	1,600	1,600
Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	229,166	229,670
Consumer real estate | Residential mortgage | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	229,166	229,670
Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	25,492	26,563
Consumer real estate | Home equity | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	25,492	26,563
Credit card and other consumer | Credit card | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	99,687	93,421
Credit card and other consumer | Direct/indirect consumer | Dealer Financial Services Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	54,000	51,800
Credit card and other consumer | Direct/indirect consumer | Securities Based Lending Loans | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	46,500	50,400
Credit card and other consumer | Direct/indirect consumer | Securities Based Lending Loans | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	2,800	3,000
Credit card and other consumer | Direct/indirect consumer | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	104,059	106,236
Credit card and other consumer | Other consumer | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	122	156
Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	590,370	589,362
Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	356,330	358,481
Loans and leases, measured at fair value	2,500	2,900
Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	123,713	124,479
Loans and leases, measured at fair value	1,500	2,500
Commercial | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	586,373	583,930
Commercial | Carrying Value | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	356,330	358,481
Commercial | Carrying Value | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	123,713	124,479
Commercial | Estimate of Fair Value Measurement
Financing Receivable, Past Due [Line Items]
Loans and leases	3,997	5,432
Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	73,193	69,766
Commercial | Commercial real estate | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	67,300	64,900
Commercial | Commercial real estate | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	5,900	4,800
Commercial | Commercial real estate | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	73,193	69,766
Commercial | Commercial lease financing | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	13,904	13,644
Commercial | U.S. small business commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	9,298	9,055
Commercial | U.S. small business commercial | Carrying Value
Financing Receivable, Past Due [Line Items]
Loans and leases	19,233	17,560
30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 2,708	$ 3,544
Percentage of outstandings	0.26%	0.34%
30 to 59 Days Past Due | Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 2,124	$ 1,835
30 to 59 Days Past Due | Consumer real estate | US Government Agency Insured Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	187	184
30 to 59 Days Past Due | Consumer real estate | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	167	155
30 to 59 Days Past Due | Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	1,143	1,077
30 to 59 Days Past Due | Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	88	88
30 to 59 Days Past Due | Credit card and other consumer | Credit card
Financing Receivable, Past Due [Line Items]
Loans and leases	626	466
30 to 59 Days Past Due | Credit card and other consumer | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	267	204
30 to 59 Days Past Due | Credit card and other consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
30 to 59 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	584	1,709
30 to 59 Days Past Due | Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	312	827
30 to 59 Days Past Due | Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	27	317
30 to 59 Days Past Due | Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	96	409
30 to 59 Days Past Due | Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	15	49
30 to 59 Days Past Due | Commercial | U.S. small business commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	134	107
60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 1,567	$ 1,158
Percentage of outstandings	0.15%	0.11%
60 to 89 Days Past Due | Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 860	$ 658
60 to 89 Days Past Due | Consumer real estate | US Government Agency Insured Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	70	75
60 to 89 Days Past Due | Consumer real estate | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	108	88
60 to 89 Days Past Due | Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	278	245
60 to 89 Days Past Due | Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	42	32
60 to 89 Days Past Due | Credit card and other consumer | Credit card
Financing Receivable, Past Due [Line Items]
Loans and leases	455	322
60 to 89 Days Past Due | Credit card and other consumer | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	85	59
60 to 89 Days Past Due | Credit card and other consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
60 to 89 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	707	500
60 to 89 Days Past Due | Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	345	288
60 to 89 Days Past Due | Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	16	59
60 to 89 Days Past Due | Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	258	81
60 to 89 Days Past Due | Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	12	9
60 to 89 Days Past Due | Commercial | U.S. small business commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	76	63
90+ Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 2,931	$ 2,836
Percentage of outstandings	0.28%	0.27%
90+ Days Past Due | Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 2,136	$ 1,918
90+ Days Past Due | Consumer real estate | US Government Agency Insured Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	266	368
90+ Days Past Due | Consumer real estate | Nonperforming Loans
Financing Receivable, Past Due [Line Items]
Loans and leases	779	788
90+ Days Past Due | Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	874	945
90+ Days Past Due | Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	171	211
90+ Days Past Due | Credit card and other consumer | Credit card
Financing Receivable, Past Due [Line Items]
Loans and leases	1,016	717
90+ Days Past Due | Credit card and other consumer | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	75	45
90+ Days Past Due | Credit card and other consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
90+ Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	795	918
90+ Days Past Due | Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	187	330
90+ Days Past Due | Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	65	144
90+ Days Past Due | Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	341	77
90+ Days Past Due | Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	16	11
90+ Days Past Due | Commercial | U.S. small business commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	186	356
Total Past Due 30 Days or More
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 7,206	$ 7,538
Percentage of outstandings	0.69%	0.72%
Total Past Due 30 Days or More | Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 5,120	$ 4,411
Total Past Due 30 Days or More | Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	2,295	2,267
Total Past Due 30 Days or More | Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	301	331
Total Past Due 30 Days or More | Credit card and other consumer | Credit card
Financing Receivable, Past Due [Line Items]
Loans and leases	2,097	1,505
Total Past Due 30 Days or More | Credit card and other consumer | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	427	308
Total Past Due 30 Days or More | Credit card and other consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Total Past Due 30 Days or More | Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	2,086	3,127
Total Past Due 30 Days or More | Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	844	1,445
Total Past Due 30 Days or More | Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	108	520
Total Past Due 30 Days or More | Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	695	567
Total Past Due 30 Days or More | Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	43	69
Total Past Due 30 Days or More | Commercial | U.S. small business commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	396	526
Total Current or Less Than 30 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 1,037,693	$ 1,032,438
Percentage of outstandings, total outstanding	98.91%	98.73%
Total Current or Less Than 30 Days Past Due | Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 453,406	$ 451,635
Total Current or Less Than 30 Days Past Due | Consumer real estate | Residential mortgage
Financing Receivable, Past Due [Line Items]
Loans and leases	226,871	227,403
Total Current or Less Than 30 Days Past Due | Consumer real estate | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	25,191	26,232
Total Current or Less Than 30 Days Past Due | Credit card and other consumer | Credit card
Financing Receivable, Past Due [Line Items]
Loans and leases	97,590	91,916
Total Current or Less Than 30 Days Past Due | Credit card and other consumer | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	103,632	105,928
Total Current or Less Than 30 Days Past Due | Credit card and other consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Loans and leases	122	156
Total Current or Less Than 30 Days Past Due | Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	584,287	580,803
Total Current or Less Than 30 Days Past Due | Commercial | United States
Financing Receivable, Past Due [Line Items]
Loans and leases	355,486	357,036
Total Current or Less Than 30 Days Past Due | Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Loans and leases	123,605	123,959
Total Current or Less Than 30 Days Past Due | Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	72,498	69,199
Total Current or Less Than 30 Days Past Due | Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Loans and leases	13,861	13,575
Total Current or Less Than 30 Days Past Due | Commercial | U.S. small business commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 18,837	$ 17,034

Outstanding Loans and Leases _4

Outstanding Loans and Leases and Allowance for Credit Losses - Nonperforming, Narrative (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Nonperforming loans and leases	$ 4,833	$ 3,808
Threshold period past due for nonperforming status of financing receivables	90 days	90 days
Commercial
Financing Receivable, Past Due [Line Items]
Nonperforming loans and leases	$ 2,041	$ 1,054
Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Nonperforming loans and leases	2,792	2,754
Consumer Portfolio Segment | Residential mortgage
Financing Receivable, Past Due [Line Items]
Nonperforming loans and leases	2,185	2,167
Federal National Mortgage Association Certificates and Obligations (FNMA) and Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) | Residential mortgage
Financing Receivable, Past Due [Line Items]
Long-term credit protection agreements, amount covered	$ 8,900	$ 9,500

Outstanding Loans and Leases _5

Outstanding Loans and Leases and Allowance for Credit Losses - Nonperforming, Credit Quality (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	$ 4,833	$ 3,808
Accruing past due 90 days or more	$ 1,567	$ 1,711
Nonperforming loans and leases, percent outstanding	0.46%	0.37%
Accruing past due 90 days or more, percent outstanding	0.15%	0.16%
Consumer Portfolio Segment
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	$ 2,792	$ 2,754
Accruing past due 90 days or more	1,282	1,087
Consumer Portfolio Segment | Residential mortgage
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	2,185	2,167
Accruing past due 90 days or more	265	368
Consumer Portfolio Segment | Residential Mortgage With No Related Allowance
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	1,987	1,973
Accruing past due 90 days or more	0	0
Consumer Portfolio Segment | Home equity lines of credit
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	479	510
Accruing past due 90 days or more	0	0
Consumer Portfolio Segment | Home Equity Line of Credit No Related Allowance
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	393	393
Accruing past due 90 days or more	0	0
Consumer Portfolio Segment | Credit card
Financing Receivable, Past Due [Line Items]
Accruing past due 90 days or more	1,016	717
Consumer Portfolio Segment | Direct/indirect consumer
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	128	77
Accruing past due 90 days or more	1	2
Commercial
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	2,041	1,054
Accruing past due 90 days or more	285	624
Commercial | United States
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	561	553
Accruing past due 90 days or more	85	190
Commercial | Non United States
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	102	212
Accruing past due 90 days or more	4	25
Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	1,343	271
Accruing past due 90 days or more	6	46
Commercial | Commercial lease financing
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	18	4
Accruing past due 90 days or more	5	8
Commercial | U.S. small business commercial | United States
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	17	14
Accruing past due 90 days or more	185	355
Nonperforming Loans | Residential mortgage
Financing Receivable, Past Due [Line Items]
Nonperforming Loans and Leases	180	260
Accruing past due 90 days or more	$ 85	$ 108

Outstanding Loans and Leases _6

Outstanding Loans and Leases and Allowance for Credit Losses - Residential Mortgage - Credit Quality Indicators (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 1,049,149		$ 1,049,149		$ 1,045,747
Total gross charge-offs	1,187	$ 809	3,367	$ 2,487
Small Business Card Loans | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross charge-offs			223		172
Consumer real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross charge-offs	15	$ 13	44	$ 196
Consumer real estate | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	229,166		229,166		229,670
Originated in current fiscal year	13,323		13,323		41,529
Originated in fiscal year before current fiscal year	40,273		40,273		85,803
Originated two years before current fiscal year	81,131		81,131		40,466
Originated three years before current fiscal year	38,713		38,713		19,959
Originated four years before current fiscal year	18,667		18,667		5,906
Prior	37,059		37,059		36,007
Total gross charge-offs			26		161
Gross charge-offs, Originated in current fiscal year			0		0
Gross charge-offs, Originated in fiscal year before current fiscal year			4		6
Gross charge-offs, Originated two years before current fiscal year			8		5
Gross charge-offs, Originated three years before current fiscal year			4		6
Gross charge-offs, Originated four years before current fiscal year			2		1
Gross charge-offs, Prior			8		143
Consumer real estate | Less than 620 | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	2,269		2,269		2,156
Originated in current fiscal year	78		78		377
Originated in fiscal year before current fiscal year	432		432		518
Originated two years before current fiscal year	578		578		373
Originated three years before current fiscal year	382		382		124
Originated four years before current fiscal year	118		118		84
Prior	681		681		680
Consumer real estate | Greater than or equal to 620 and less than 680 | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	4,737		4,737		4,978
Originated in current fiscal year	301		301		1,011
Originated in fiscal year before current fiscal year	999		999		1,382
Originated two years before current fiscal year	1,187		1,187		840
Originated three years before current fiscal year	774		774		329
Originated four years before current fiscal year	316		316		233
Prior	1,160		1,160		1,183
Consumer real estate | Greater than or equal to 680 and less than 740 | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	23,364		23,364		25,444
Originated in current fiscal year	1,416		1,416		5,411
Originated in fiscal year before current fiscal year	4,743		4,743		8,290
Originated two years before current fiscal year	6,977		6,977		4,369
Originated three years before current fiscal year	3,860		3,860		2,187
Originated four years before current fiscal year	1,920		1,920		830
Prior	4,448		4,448		4,357
Consumer real estate | Greater than or equal to 740 | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	187,754		187,754		185,398
Originated in current fiscal year	11,177		11,177		34,150
Originated in fiscal year before current fiscal year	33,725		33,725		71,946
Originated two years before current fiscal year	68,906		68,906		31,782
Originated three years before current fiscal year	30,804		30,804		16,370
Originated four years before current fiscal year	15,446		15,446		4,603
Prior	27,696		27,696		26,547
Less than or equal to 90 percent | Consumer real estate | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	214,919		214,919		215,713
Originated in current fiscal year	12,117		12,117		39,625
Originated in fiscal year before current fiscal year	38,307		38,307		81,437
Originated two years before current fiscal year	77,128		77,128		37,228
Originated three years before current fiscal year	35,708		35,708		18,980
Originated four years before current fiscal year	17,751		17,751		5,734
Prior	33,908		33,908		32,709
Greater than 90 percent but less than or equal to 100 percent | Consumer real estate | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	2,288		2,288		1,615
Originated in current fiscal year	593		593		950
Originated in fiscal year before current fiscal year	1,153		1,153		530
Originated two years before current fiscal year	391		391		93
Originated three years before current fiscal year	78		78		15
Originated four years before current fiscal year	35		35		8
Prior	38		38		19
Greater than 100 percent | Consumer real estate | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	917		917		648
Originated in current fiscal year	262		262		374
Originated in fiscal year before current fiscal year	439		439		169
Originated two years before current fiscal year	129		129		43
Originated three years before current fiscal year	34		34		15
Originated four years before current fiscal year	14		14		8
Prior	39		39		39
Fully-insured loans | Consumer real estate | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Total	11,042		11,042		11,694
Originated in current fiscal year	351		351		580
Originated in fiscal year before current fiscal year	374		374		3,667
Originated two years before current fiscal year	3,483		3,483		3,102
Originated three years before current fiscal year	2,893		2,893		949
Originated four years before current fiscal year	867		867		156
Prior	$ 3,074		$ 3,074		$ 3,240

Outstanding Loans and Leases _7

Outstanding Loans and Leases and Allowance for Credit Losses - Home Equity - Credit Quality Indicators Including Vintage (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 1,049,149		$ 1,049,149		$ 1,045,747
Total gross charge-offs	1,187	$ 809	3,367	$ 2,487
Consumer real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross charge-offs	15	$ 13	44	$ 196
Consumer real estate | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	25,492		25,492		26,563
Total gross charge-offs			18		45
Consumer real estate | Home equity | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	662		662		683
Consumer real estate | Home equity | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	1,129		1,129		1,190
Consumer real estate | Home equity | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	4,237		4,237		4,321
Consumer real estate | Home equity | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	19,464		19,464		20,369
Consumer real estate | Home Equity Loans and Reverse Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	1,153		1,153		1,361
Total gross charge-offs			2		5
Consumer real estate | Home Equity Loans and Reverse Mortgages | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	134		134		166
Consumer real estate | Home Equity Loans and Reverse Mortgages | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	125		125		152
Consumer real estate | Home Equity Loans and Reverse Mortgages | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	253		253		312
Consumer real estate | Home Equity Loans and Reverse Mortgages | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	641		641		731
Consumer real estate | Reverse Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	788		788		937
Consumer real estate | Home Equity Loan no Longer Originated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	366		366		424
Consumer real estate | Revolving Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	20,016		20,016		20,019
Gross charge-offs, Revolving Loans			8		24
Consumer real estate | Revolving Loans | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	228		228		189
Consumer real estate | Revolving Loans | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	568		568		507
Consumer real estate | Revolving Loans | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	2,961		2,961		2,747
Consumer real estate | Revolving Loans | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	16,259		16,259		16,576
Consumer real estate | Revolving Loans Converted to Term Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	4,323		4,323		5,183
Gross charge-offs, Revolving Loans Converted to Term Loans			8		16
Consumer real estate | Revolving Loans Converted to Term Loans | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	300		300		328
Consumer real estate | Revolving Loans Converted to Term Loans | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	436		436		531
Consumer real estate | Revolving Loans Converted to Term Loans | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	1,023		1,023		1,262
Consumer real estate | Revolving Loans Converted to Term Loans | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	2,564		2,564		3,062
Less than or equal to 90 percent | Consumer real estate | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	25,336		25,336		26,395
Less than or equal to 90 percent | Consumer real estate | Home Equity Loans and Reverse Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	1,102		1,102		1,304
Less than or equal to 90 percent | Consumer real estate | Revolving Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	19,944		19,944		19,960
Less than or equal to 90 percent | Consumer real estate | Revolving Loans Converted to Term Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	4,290		4,290		5,131
Greater than 90 percent but less than or equal to 100 percent | Consumer real estate | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	66		66		62
Greater than 90 percent but less than or equal to 100 percent | Consumer real estate | Home Equity Loans and Reverse Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	17		17		20
Greater than 90 percent but less than or equal to 100 percent | Consumer real estate | Revolving Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	36		36		24
Greater than 90 percent but less than or equal to 100 percent | Consumer real estate | Revolving Loans Converted to Term Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	13		13		18
Greater than 100 percent | Consumer real estate | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	90		90		106
Greater than 100 percent | Consumer real estate | Home Equity Loans and Reverse Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	34		34		37
Greater than 100 percent | Consumer real estate | Revolving Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	36		36		35
Greater than 100 percent | Consumer real estate | Revolving Loans Converted to Term Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans Converted to Term Loans	$ 20		$ 20		$ 34

Outstanding Loans and Leases _8

Outstanding Loans and Leases and Allowance for Credit Losses - Credit Card and Other Consumer - Credit Quality Indicators (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 1,049,149		$ 1,049,149		$ 1,045,747
Total gross charge-offs	1,187	$ 809	3,367	$ 2,487
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Total	104,059		104,059		106,236
Revolving Loans	49,430		49,430		53,563
Originated in current fiscal year	17,272		17,272		22,358
Originated in fiscal year before current fiscal year	17,111		17,111		15,544
Originated two years before current fiscal year	11,494		11,494		7,074
Originated three years before current fiscal year	4,153		4,153		3,803
Originated four years before current fiscal year	2,238		2,238		1,602
Prior	2,361		2,361		2,292
Revolving Loans	49,430		49,430		53,563
Total gross charge-offs			153		232
Gross charge-offs, Revolving Loans			3		7
Gross charge-offs, Originated in current fiscal year			13		31
Gross charge-offs, Originated in fiscal year before current fiscal year			65		79
Gross charge-offs, Originated two years before current fiscal year			37		34
Gross charge-offs, Originated three years before current fiscal year			11		27
Gross charge-offs, Originated four years before current fiscal year			7		14
Gross charge-offs, Prior			17		40
Gross charge-offs, Revolving Loans			3		7
Loans and lease receivable, securities based lending	49,300		49,300		53,400
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,133		1,133		847
Revolving Loans	11		11		12
Originated in current fiscal year	186		186		237
Originated in fiscal year before current fiscal year	394		394		301
Originated two years before current fiscal year	332		332		113
Originated three years before current fiscal year	93		93		84
Originated four years before current fiscal year	60		60		43
Prior	57		57		57
Revolving Loans	11		11		12
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Total	2,502		2,502		2,521
Revolving Loans	12		12		12
Originated in current fiscal year	745		745		1,108
Originated in fiscal year before current fiscal year	861		861		816
Originated two years before current fiscal year	558		558		269
Originated three years before current fiscal year	151		151		150
Originated four years before current fiscal year	87		87		69
Prior	88		88		97
Revolving Loans	12		12		12
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,741		8,741		8,895
Revolving Loans	48		48		52
Originated in current fiscal year	2,851		2,851		4,091
Originated in fiscal year before current fiscal year	2,850		2,850		2,730
Originated two years before current fiscal year	1,857		1,857		992
Originated three years before current fiscal year	552		552		520
Originated four years before current fiscal year	297		297		214
Prior	286		286		296
Revolving Loans	48		48		52
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Total	41,720		41,720		39,679
Revolving Loans	74		74		83
Originated in current fiscal year	13,418		13,418		16,663
Originated in fiscal year before current fiscal year	12,831		12,831		11,392
Originated two years before current fiscal year	8,602		8,602		5,630
Originated three years before current fiscal year	3,303		3,303		2,992
Originated four years before current fiscal year	1,739		1,739		1,236
Prior	1,753		1,753		1,683
Revolving Loans	74		74		83
Credit Card and Direct/ Indirect Consumer | Direct/indirect consumer | Other internal credit metrics
Financing Receivable, Credit Quality Indicator [Line Items]
Total	49,963		49,963		54,294
Revolving Loans	49,285		49,285		53,404
Originated in current fiscal year	72		72		259
Originated in fiscal year before current fiscal year	175		175		305
Originated two years before current fiscal year	145		145		70
Originated three years before current fiscal year	54		54		57
Originated four years before current fiscal year	55		55		40
Prior	177		177		159
Revolving Loans	49,285		49,285		53,404
Credit Card and Direct/ Indirect Consumer | Credit card
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	98,890		98,890		92,830
Total Credit Card as of September 30, 2023	99,687		99,687		93,421
Revolving Loans	98,890		98,890		92,830
Revolving Loans Converted to Term Loans	797		797		591
Gross charge-offs, Revolving Loans			2,139		1,909
Gross charge-offs, Total Revolving Loans And Revolving Loans Converted to Term Loans			2,220		1,985
Gross charge-offs, Revolving Loans			2,139		1,909
Gross charge-offs, Revolving Loans Converted to Term Loans			81		76
Credit Card and Direct/ Indirect Consumer | Credit card | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	4,681		4,681		3,866
Total Credit Card as of September 30, 2023	4,957		4,957		4,056
Revolving Loans	4,681		4,681		3,866
Revolving Loans Converted to Term Loans	276		276		190
Credit Card and Direct/ Indirect Consumer | Credit card | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	11,189		11,189		10,805
Total Credit Card as of September 30, 2023	11,440		11,440		10,994
Revolving Loans	11,189		11,189		10,805
Revolving Loans Converted to Term Loans	251		251		189
Credit Card and Direct/ Indirect Consumer | Credit card | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	33,999		33,999		32,017
Total Credit Card as of September 30, 2023	34,219		34,219		32,186
Revolving Loans	33,999		33,999		32,017
Revolving Loans Converted to Term Loans	220		220		169
Credit Card and Direct/ Indirect Consumer | Credit card | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	49,021		49,021		46,142
Total Credit Card as of September 30, 2023	49,071		49,071		46,185
Revolving Loans	49,021		49,021		46,142
Revolving Loans Converted to Term Loans	50		50		43
Credit Card and Direct/ Indirect Consumer | Credit card | Other internal credit metrics
Financing Receivable, Credit Quality Indicator [Line Items]
Revolving Loans	0		0		0
Total Credit Card as of September 30, 2023	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term Loans	$ 0		$ 0		$ 0

Outstanding Loans and Leases _9

Outstanding Loans and Leases and Allowance for Credit Losses - Commercial - Credit Quality Indicators (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 1,049,149		$ 1,049,149		$ 1,045,747
Total gross charge-offs	1,187	$ 809	3,367	$ 2,487
Estimate of Fair Value Measurement
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	4,250		4,250		5,771
Small Business Card Loans | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross charge-offs			223		172
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	590,370		590,370		589,362
Total gross charge-offs	178	$ 100	544	$ 284
Commercial | Estimate of Fair Value Measurement
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	3,997		3,997		5,432
Commercial | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	356,330		356,330		358,481
Originated in current fiscal year	29,094		29,094		61,478
Originated in fiscal year before current fiscal year	47,515		47,515		40,511
Originated two years before current fiscal year	29,282		29,282		19,306
Originated three years before current fiscal year	15,205		15,205		17,450
Originated four years before current fiscal year	13,748		13,748		9,951
Prior	33,211		33,211		31,138
Revolving Loans	188,275		188,275		178,647
Total gross charge-offs			117		151
Gross charge-offs, Originated in current fiscal year			2		2
Gross charge-offs, Originated in fiscal year before current fiscal year			12		24
Gross charge-offs, Originated two years before current fiscal year			21		24
Gross charge-offs, Originated three years before current fiscal year			1		9
Gross charge-offs, Originated four years before current fiscal year			1		6
Gross charge-offs, Prior			18		13
Gross charge-offs, Revolving Loans			62		73
Commercial | United States | Pass rated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	344,382		344,382		348,447
Originated in current fiscal year	28,937		28,937		61,200
Originated in fiscal year before current fiscal year	46,312		46,312		39,717
Originated two years before current fiscal year	28,465		28,465		18,609
Originated three years before current fiscal year	14,786		14,786		16,566
Originated four years before current fiscal year	13,015		13,015		8,749
Prior	31,832		31,832		30,282
Revolving Loans	181,035		181,035		173,324
Commercial | United States | Reservable criticized
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	11,948		11,948		10,034
Originated in current fiscal year	157		157		278
Originated in fiscal year before current fiscal year	1,203		1,203		794
Originated two years before current fiscal year	817		817		697
Originated three years before current fiscal year	419		419		884
Originated four years before current fiscal year	733		733		1,202
Prior	1,379		1,379		856
Revolving Loans	7,240		7,240		5,323
Commercial | Non United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	123,713		123,713		124,479
Originated in current fiscal year	12,556		12,556		24,884
Originated in fiscal year before current fiscal year	17,551		17,551		19,493
Originated two years before current fiscal year	16,554		16,554		5,514
Originated three years before current fiscal year	2,917		2,917		4,207
Originated four years before current fiscal year	3,322		3,322		2,521
Prior	6,702		6,702		5,172
Revolving Loans	64,111		64,111		62,688
Total gross charge-offs			31		41
Gross charge-offs, Originated in current fiscal year			0		0
Gross charge-offs, Originated in fiscal year before current fiscal year			0		3
Gross charge-offs, Originated two years before current fiscal year			8		1
Gross charge-offs, Originated three years before current fiscal year			7		0
Gross charge-offs, Originated four years before current fiscal year			1		37
Gross charge-offs, Prior			0		0
Gross charge-offs, Revolving Loans			15		0
Commercial | Non United States | Pass rated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	121,753		121,753		121,890
Originated in current fiscal year	12,530		12,530		24,839
Originated in fiscal year before current fiscal year	17,368		17,368		19,098
Originated two years before current fiscal year	16,282		16,282		5,183
Originated three years before current fiscal year	2,770		2,770		3,882
Originated four years before current fiscal year	3,078		3,078		2,423
Prior	6,528		6,528		4,697
Revolving Loans	63,197		63,197		61,768
Commercial | Non United States | Reservable criticized
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	1,960		1,960		2,589
Originated in current fiscal year	26		26		45
Originated in fiscal year before current fiscal year	183		183		395
Originated two years before current fiscal year	272		272		331
Originated three years before current fiscal year	147		147		325
Originated four years before current fiscal year	244		244		98
Prior	174		174		475
Revolving Loans	914		914		920
Commercial | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	73,193		73,193		69,766
Originated in current fiscal year	3,517		3,517		15,301
Originated in fiscal year before current fiscal year	16,954		16,954		13,926
Originated two years before current fiscal year	14,128		14,128		6,301
Originated three years before current fiscal year	4,923		4,923		10,514
Originated four years before current fiscal year	9,881		9,881		5,535
Prior	13,741		13,741		9,623
Revolving Loans	10,049		10,049		8,566
Total gross charge-offs			139		75
Gross charge-offs, Originated in current fiscal year			2		0
Gross charge-offs, Originated in fiscal year before current fiscal year			0		0
Gross charge-offs, Originated two years before current fiscal year			0		6
Gross charge-offs, Originated three years before current fiscal year			0		0
Gross charge-offs, Originated four years before current fiscal year			44		26
Gross charge-offs, Prior			93		43
Gross charge-offs, Revolving Loans			0		0
Commercial | Commercial real estate | Pass rated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	65,055		65,055		64,619
Originated in current fiscal year	3,452		3,452		15,290
Originated in fiscal year before current fiscal year	16,292		16,292		13,089
Originated two years before current fiscal year	12,454		12,454		5,756
Originated three years before current fiscal year	4,393		4,393		9,013
Originated four years before current fiscal year	8,034		8,034		4,384
Prior	10,771		10,771		8,606
Revolving Loans	9,659		9,659		8,481
Commercial | Commercial real estate | Reservable criticized
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	8,138		8,138		5,147
Originated in current fiscal year	65		65		11
Originated in fiscal year before current fiscal year	662		662		837
Originated two years before current fiscal year	1,674		1,674		545
Originated three years before current fiscal year	530		530		1,501
Originated four years before current fiscal year	1,847		1,847		1,151
Prior	2,970		2,970		1,017
Revolving Loans	390		390		85
Commercial | Commercial real estate | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	67,300		67,300		64,900
Commercial | Commercial real estate | Non United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	5,900		5,900		4,800
Commercial | Commercial Lease Financing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	13,904		13,904		13,644
Originated in current fiscal year	2,624		2,624		3,264
Originated in fiscal year before current fiscal year	3,138		3,138		2,792
Originated two years before current fiscal year	2,397		2,397		1,967
Originated three years before current fiscal year	1,542		1,542		1,649
Originated four years before current fiscal year	1,338		1,338		1,351
Prior	2,865		2,865		2,621
Revolving Loans	0		0		0
Total gross charge-offs			3		8
Gross charge-offs, Originated in current fiscal year			0		0
Gross charge-offs, Originated in fiscal year before current fiscal year			0		4
Gross charge-offs, Originated two years before current fiscal year			2		0
Gross charge-offs, Originated three years before current fiscal year			1		4
Gross charge-offs, Originated four years before current fiscal year			0		0
Gross charge-offs, Prior			0		0
Gross charge-offs, Revolving Loans			0		0
Commercial | Commercial Lease Financing | Pass rated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	13,703		13,703		13,404
Originated in current fiscal year	2,618		2,618		3,255
Originated in fiscal year before current fiscal year	3,107		3,107		2,757
Originated two years before current fiscal year	2,348		2,348		1,955
Originated three years before current fiscal year	1,519		1,519		1,578
Originated four years before current fiscal year	1,306		1,306		1,301
Prior	2,805		2,805		2,558
Revolving Loans	0		0		0
Commercial | Commercial Lease Financing | Reservable criticized
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	201		201		240
Originated in current fiscal year	6		6		9
Originated in fiscal year before current fiscal year	31		31		35
Originated two years before current fiscal year	49		49		12
Originated three years before current fiscal year	23		23		71
Originated four years before current fiscal year	32		32		50
Prior	60		60		63
Revolving Loans	0		0		0
Commercial | U.S. small business commercial | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	9,298		9,298		9,055
Originated in current fiscal year	1,481		1,481		1,836
Originated in fiscal year before current fiscal year	1,894		1,894		1,988
Originated two years before current fiscal year	1,706		1,706		1,456
Originated three years before current fiscal year	966		966		940
Originated four years before current fiscal year	818		818		675
Prior	2,013		2,013		2,030
Revolving Loans	420		420		130
Total gross charge-offs			31		31
Gross charge-offs, Originated in current fiscal year			0		0
Gross charge-offs, Originated in fiscal year before current fiscal year			2		1
Gross charge-offs, Originated two years before current fiscal year			1		11
Gross charge-offs, Originated three years before current fiscal year			14		4
Gross charge-offs, Originated four years before current fiscal year			2		1
Gross charge-offs, Prior			3		6
Gross charge-offs, Revolving Loans			9		8
Commercial | U.S. small business commercial | United States | Pass rated
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	8,919		8,919		8,726
Originated in current fiscal year	1,476		1,476		1,825
Originated in fiscal year before current fiscal year	1,849		1,849		1,953
Originated two years before current fiscal year	1,617		1,617		1,408
Originated three years before current fiscal year	922		922		864
Originated four years before current fiscal year	752		752		624
Prior	1,886		1,886		1,925
Revolving Loans	417		417		127
Commercial | U.S. small business commercial | United States | Reservable criticized
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	379		379		329
Originated in current fiscal year	5		5		11
Originated in fiscal year before current fiscal year	45		45		35
Originated two years before current fiscal year	89		89		48
Originated three years before current fiscal year	44		44		76
Originated four years before current fiscal year	66		66		51
Prior	127		127		105
Revolving Loans	3		3		3
Commercial | Term Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	576,438		576,438		575,425
Originated in current fiscal year	49,272		49,272		106,763
Originated in fiscal year before current fiscal year	87,052		87,052		78,710
Originated two years before current fiscal year	64,067		64,067		34,544
Originated three years before current fiscal year	25,553		25,553		34,760
Originated four years before current fiscal year	29,107		29,107		20,033
Prior	58,532		58,532		50,584
Revolving Loans	262,855		262,855		250,031
Total gross charge-offs			321		306
Gross charge-offs, Originated in current fiscal year			4		2
Gross charge-offs, Originated in fiscal year before current fiscal year			14		32
Gross charge-offs, Originated two years before current fiscal year			32		42
Gross charge-offs, Originated three years before current fiscal year			23		17
Gross charge-offs, Originated four years before current fiscal year			48		70
Gross charge-offs, Prior			114		62
Gross charge-offs, Revolving Loans			86		81
Commercial | Small Business Card Loans | Less than 620
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	473		473		297
Commercial | Small Business Card Loans | Greater than or equal to 620 and less than 680
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	1,000		1,000		859
Commercial | Small Business Card Loans | Greater than or equal to 680 and less than 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	2,700		2,700		2,400
Commercial | Small Business Card Loans | Greater than or equal to 740
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	5,700		5,700		5,000
Commercial | Small Business Card Loans | United States
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 9,900		$ 9,900		$ 8,500

Outstanding Loans and Leases_10

Outstanding Loans and Leases and Allowance for Credit Losses - Credit Quality Indicators, Narrative (Details) - USD ($) $ in Billions	Sep. 30, 2023	Dec. 31, 2022
Receivables [Abstract]
Commercial reservable criticized utilized exposure, amount	$ 23.7	$ 19.3
Commercial reservable criticized utilized exposure, percent	3.83%	3.12%

Outstanding Loans and Leases_11

Outstanding Loans and Leases and Allowance for Credit Losses - Loan Modifications, Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Trial modifications | Minimum
Financing Receivable, Modified [Line Items]
Term for contractual payments			3 months
Trial modifications | Maximum
Financing Receivable, Modified [Line Items]
Term for contractual payments			4 months
Consumer real estate
Financing Receivable, Modified [Line Items]
Defaults of modified loans		$ 72		$ 156
Real estate acquired through foreclosure	$ 93		$ 93		$ 121
Loans with formal foreclosure proceeding in process	684		684		871
Reclassified consumer real estate loans			86	151
Total	655		655
Consumer real estate | Current
Financing Receivable, Modified [Line Items]
Total	346		346
Consumer real estate | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	125		125
Consumer real estate | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	184		$ 184
Consumer real estate | Trial modifications
Financing Receivable, Modified [Line Items]
Defaults of modified loans		$ 8		$ 19
Consumer real estate | Residential Mortgage And Home Equity Loan | Permanent Modifications
Financing Receivable, Modified [Line Items]
Modified term			30 years
Consumer real estate | Residential mortgage
Financing Receivable, Modified [Line Items]
Percentage of outstanding loans			0.25%
Defaults of modified loans			$ 160
Total	565		565
Consumer real estate | Residential mortgage | Current
Financing Receivable, Modified [Line Items]
Total	295		295
Consumer real estate | Residential mortgage | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	114		114
Consumer real estate | Residential mortgage | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	156		156
Consumer real estate | Residential mortgage | Forbearance And Other Payment Plans
Financing Receivable, Modified [Line Items]
Total	$ 270		$ 437
Increase of weighted-average life of impacted loans	4 months		8 months
Forborne payments for modifications	$ 6		$ 19
Consumer real estate | Residential mortgage | Trial modifications
Financing Receivable, Modified [Line Items]
Total	33		83
Consumer real estate | Residential mortgage | Permanent Modifications
Financing Receivable, Modified [Line Items]
Total	$ 47		$ 128
Increase of weighted-average life of impacted loans	12 years 1 month 6 days		9 years 10 months 24 days
Weighted average interest rate reduction	1.31%		1.50%
Consumer real estate | Residential mortgage | Permanent Modifications | Minimum
Financing Receivable, Modified [Line Items]
Modified term			1 year
Consumer real estate | Residential mortgage | Permanent Modifications | Maximum
Financing Receivable, Modified [Line Items]
Modified term			20 years
Consumer real estate | Home equity
Financing Receivable, Modified [Line Items]
Percentage of outstanding loans			0.35%
Defaults of modified loans			$ 26
Total	$ 90		90
Consumer real estate | Home equity | Current
Financing Receivable, Modified [Line Items]
Total	51		51
Consumer real estate | Home equity | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	11		11
Consumer real estate | Home equity | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	28		28
Consumer real estate | Home equity | Forbearance And Other Payment Plans
Financing Receivable, Modified [Line Items]
Total	$ 39		$ 64
Increase of weighted-average life of impacted loans	4 months		9 months
Forborne payments for modifications	$ 2		$ 7
Consumer real estate | Home equity | Trial modifications
Financing Receivable, Modified [Line Items]
Total	10		31
Consumer real estate | Home equity | Permanent Modifications
Financing Receivable, Modified [Line Items]
Total	$ 9		$ 26
Increase of weighted-average life of impacted loans	17 years 2 months 12 days		16 years 2 months 12 days
Weighted average interest rate reduction	2.69%		3.11%
Consumer real estate | Home equity | Permanent Modifications | Minimum
Financing Receivable, Modified [Line Items]
Modified term			1 year
Consumer real estate | Home equity | Permanent Modifications | Maximum
Financing Receivable, Modified [Line Items]
Modified term			20 years
Credit card and other consumer
Financing Receivable, Modified [Line Items]
Percentage of outstanding loans			0.22%
Total	$ 196		$ 455
Weighted average interest rate reduction	19.40%		19.02%
Total	$ 455		$ 455
Credit card and other consumer | Current
Financing Receivable, Modified [Line Items]
Total	370		370
Credit card and other consumer | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	47		47
Credit card and other consumer | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	38		$ 38
Credit card and other consumer | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Term for contractual payments			60 months
Credit card and other consumer | Interest Rate Reduction | Minimum
Financing Receivable, Modified [Line Items]
Term for contractual payments			6 months
Credit card and other consumer | Interest Rate Reduction | Maximum
Financing Receivable, Modified [Line Items]
Term for contractual payments			72 months
Credit card and other consumer | Principal Forgiveness
Financing Receivable, Modified [Line Items]
Total	16		$ 41
Commercial
Financing Receivable, Modified [Line Items]
Total	$ 1,427		$ 2,343
Weighted average interest rate reduction	0.59%		0.59%
Total	$ 2,343		$ 2,343
Lending commitments					$ 358
Commercial | Current
Financing Receivable, Modified [Line Items]
Total	2,035		2,035
Commercial | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	81		81
Commercial | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	227		227
Commercial | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Total	24		24
Commercial | Payment Deferral
Financing Receivable, Modified [Line Items]
Total	$ 243		$ 320
Commercial | Commercial loans
Financing Receivable, Modified [Line Items]
Increase of weighted-average life of impacted loans	1 year 9 months 18 days		1 year 9 months 18 days
Lending commitments	$ 871		$ 871
Commercial | Commercial loans | Forbearance Program
Financing Receivable, Modified [Line Items]
Increase of weighted-average life of impacted loans	8 months		9 months
Commercial | Commercial loans | Payment Deferral | Minimum
Financing Receivable, Modified [Line Items]
Increase of weighted-average life of impacted loans			9 months
Commercial | Commercial loans | Payment Deferral | Maximum
Financing Receivable, Modified [Line Items]
Increase of weighted-average life of impacted loans			24 months

Outstanding Loans and Leases_12

Outstanding Loans and Leases and Allowance for Credit Losses - Modifications to Borrowers in Financial Difficulty (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)
Consumer real estate
Financing Receivable, Modified [Line Items]
Total	$ 655	$ 655
Consumer real estate | Current
Financing Receivable, Modified [Line Items]
Total	346	346
Consumer real estate | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	125	125
Consumer real estate | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	184	184
Consumer real estate | Residential mortgage
Financing Receivable, Modified [Line Items]
Total	565	565
Consumer real estate | Residential mortgage | Current
Financing Receivable, Modified [Line Items]
Total	295	295
Consumer real estate | Residential mortgage | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	114	114
Consumer real estate | Residential mortgage | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	156	156
Consumer real estate | Home equity
Financing Receivable, Modified [Line Items]
Total	90	90
Consumer real estate | Home equity | Current
Financing Receivable, Modified [Line Items]
Total	51	51
Consumer real estate | Home equity | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	11	11
Consumer real estate | Home equity | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	28	28
Commercial
Financing Receivable, Modified [Line Items]
Total	2,343	2,343
Total	1,427	$ 2,343
% of Total Class of Financing Receivable		0.42%
Commercial | Term Extension
Financing Receivable, Modified [Line Items]
Total	1,160	$ 1,999
Commercial | Forbearances
Financing Receivable, Modified [Line Items]
Total	243	320
Commercial | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Total	24	24
Commercial | United States
Financing Receivable, Modified [Line Items]
Total	801	801
Total	455	$ 801
% of Total Class of Financing Receivable		0.22%
Commercial | United States | Term Extension
Financing Receivable, Modified [Line Items]
Total	431	$ 768
Commercial | United States | Forbearances
Financing Receivable, Modified [Line Items]
Total	24	33
Commercial | United States | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Total	0	0
Commercial | Non United States
Financing Receivable, Modified [Line Items]
Total	186	186
Total	154	$ 186
% of Total Class of Financing Receivable		0.15%
Commercial | Non United States | Term Extension
Financing Receivable, Modified [Line Items]
Total	130	$ 162
Commercial | Non United States | Forbearances
Financing Receivable, Modified [Line Items]
Total	0	0
Commercial | Non United States | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Total	24	24
Commercial | Current
Financing Receivable, Modified [Line Items]
Total	2,035	2,035
Commercial | Current | United States
Financing Receivable, Modified [Line Items]
Total	766	766
Commercial | Current | Non United States
Financing Receivable, Modified [Line Items]
Total	186	186
Commercial | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	81	81
Commercial | 30–89 Days Past Due | United States
Financing Receivable, Modified [Line Items]
Total	21	21
Commercial | 30–89 Days Past Due | Non United States
Financing Receivable, Modified [Line Items]
Total	0	0
Commercial | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	227	227
Commercial | 90+ Days Past Due | United States
Financing Receivable, Modified [Line Items]
Total	14	14
Commercial | 90+ Days Past Due | Non United States
Financing Receivable, Modified [Line Items]
Total	0	0
Commercial | Commercial real estate
Financing Receivable, Modified [Line Items]
Total	1,356	1,356
Total	818	$ 1,356
% of Total Class of Financing Receivable		1.85%
Commercial | Commercial real estate | Term Extension
Financing Receivable, Modified [Line Items]
Total	599	$ 1,069
Commercial | Commercial real estate | Forbearances
Financing Receivable, Modified [Line Items]
Total	219	287
Commercial | Commercial real estate | Interest Rate Reduction
Financing Receivable, Modified [Line Items]
Total	0	0
Commercial | Commercial real estate | Current
Financing Receivable, Modified [Line Items]
Total	1,083	1,083
Commercial | Commercial real estate | 30–89 Days Past Due
Financing Receivable, Modified [Line Items]
Total	60	60
Commercial | Commercial real estate | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Total	$ 213	$ 213

Outstanding Loans and Leases_13

Outstanding Loans and Leases and Allowance for Credit Losses - Prior-Period Troubled Debt Restructurings, Narrative (Details)	9 Months Ended
	Sep. 30, 2023 payment
Consumer real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Number of missing payments causing default	3

Outstanding Loans and Leases_14

Outstanding Loans and Leases and Allowance for Credit Losses - Consumer Real Estate - TDRs Entered into During the Period (Details) - Consumer real estate - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 519	$ 1,252
Carrying Value	$ 465	$ 1,105
Pre-Modification Interest Rate	3.58%	3.62%
Post-Modification Interest Rate	3.62%	3.52%
Residential mortgage
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 420	$ 1,036
Carrying Value	$ 379	$ 929
Pre-Modification Interest Rate	3.35%	3.50%
Post-Modification Interest Rate	3.34%	3.36%
Home equity
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 99	$ 216
Carrying Value	$ 86	$ 176
Pre-Modification Interest Rate	4.58%	4.20%
Post-Modification Interest Rate	4.83%	4.31%

Outstanding Loans and Leases_15

Outstanding Loans and Leases and Allowance for Credit Losses - Consumer Real Estate - Modification Programs (Details) - Consumer real estate - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Financing Receivable, Modified [Line Items]
Total modifications	$ 465	$ 1,105
Modifications under proprietary programs
Financing Receivable, Modified [Line Items]
Total modifications	420	999
Loans discharged in Chapter 7 bankruptcy
Financing Receivable, Modified [Line Items]
Total modifications	4	12
Trial modifications
Financing Receivable, Modified [Line Items]
Total modifications	$ 41	$ 94

Outstanding Loans and Leases_16

Outstanding Loans and Leases and Allowance for Credit Losses - Consumer Real Estate - TDRs Entering Payment Default That Were Modified During the Preceding 12 Months (Details) - Consumer real estate - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Financing Receivable, Modified [Line Items]
Troubled debt restructurings entering payment default that were modified during the preceding twelve months	$ 72	$ 156
Modifications under proprietary programs
Financing Receivable, Modified [Line Items]
Troubled debt restructurings entering payment default that were modified during the preceding twelve months	63	135
Loans discharged in Chapter 7 bankruptcy
Financing Receivable, Modified [Line Items]
Troubled debt restructurings entering payment default that were modified during the preceding twelve months	1	2
Trial modifications
Financing Receivable, Modified [Line Items]
Troubled debt restructurings entering payment default that were modified during the preceding twelve months	$ 8	$ 19

Outstanding Loans and Leases_17

Outstanding Loans and Leases and Allowance for Credit Losses - Credit Card and Other Consumer - TDRs Entered into During the Period (Details) - Credit card and other consumer - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 88	$ 203
Carrying Value	$ 92	$ 210
Pre-Modification Interest Rate	20.87%	20.69%
Post-Modification Interest Rate	3.83%	3.86%
Credit card
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 86	$ 198
Carrying Value	$ 90	$ 206
Pre-Modification Interest Rate	21.17%	21.02%
Post-Modification Interest Rate	3.80%	3.82%
Direct/indirect consumer
Financing Receivable, Modified [Line Items]
Unpaid Principal Balance	$ 2	$ 5
Carrying Value	$ 2	$ 4
Pre-Modification Interest Rate	5.65%	5.48%
Post-Modification Interest Rate	5.65%	5.48%

Outstanding Loans and Leases_18

Outstanding Loans and Leases and Allowance for Credit Losses - Credit Card and Other Consumer - TDRs Modified by Program Type (Details) - Credit card and other consumer - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Financing Receivable, Modified [Line Items]
Carrying Value	$ 92	$ 210
Internal programs
Financing Receivable, Modified [Line Items]
Carrying Value	77	174
External programs
Financing Receivable, Modified [Line Items]
Carrying Value	13	32
Other
Financing Receivable, Modified [Line Items]
Carrying Value	$ 2	$ 4

Outstanding Loans and Leases_19

Outstanding Loans and Leases and Allowance for Credit Losses - Credit Card and Other Consumer - TDRs Entered into During the Period, Narrative (Details) - Credit card and other consumer	9 Months Ended
	Sep. 30, 2023 payment
Financing Receivable, Modified [Line Items]
Number of consecutive missed payments	2
Period for payment default after modification	12 months
Credit card
Financing Receivable, Modified [Line Items]
Percent expected to be in payment default within 12 months after modification	12%
Direct/indirect consumer
Financing Receivable, Modified [Line Items]
Percent expected to be in payment default within 12 months after modification	20%

Outstanding Loans and Leases_20

Outstanding Loans and Leases and Allowance for Credit Losses - Commercial Loans, Loans Held-for-sale and Accrued Interest Receivable (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale	$ 7,591		$ 7,591		$ 6,871
Originations and purchases			11,545	$ 18,736
Net non-cash transfers into LHFS			634	2,100
Accrued interest receivable	$ 4,300		$ 4,300		$ 3,800
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other Receivables		Other Receivables		Other Receivables
Credit card lines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest and fee income reversed	$ 152	$ 81	$ 409	241
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Value		$ 745		1,700
Lending commitments					$ 358
Commitments in payment default					105
Loans held for sale	$ 7,600		7,600		$ 6,900
Proceeds from sales and paydowns of loans originally classified as LHFS			10,800	27,800
Originations and purchases			$ 11,500	$ 18,700

Outstanding Loans and Leases_21

Outstanding Loans and Leases and Allowance for Credit Losses - Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, period increase (decrease)					$ 418
Allowance for credit losses			$ 14,640	$ 13,817	14,640	$ 13,817
Decrease to allowance for credit losses			(13,287)	(12,302)	(13,287)	(12,302)	$ (12,950)	$ (12,682)	$ (11,973)	$ (12,387)
Loan and leases receivable, allowance, period increase (decrease)					605
Reserve for unfunded lending commitments, period decrease					187
Increase in provision for credit losses			336		1,800
Provision for credit losses			1,234	898	3,290	1,451
Outstanding loans and leases, period increase, excluding loans accounted for under the fair value option					4,900
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Decrease to allowance for credit losses								243
Scenario, Forecast
Financing Receivable, Allowance for Credit Loss [Line Items]
Unemployment rate, current economic outlook	5%	5%
U.S. gross domestic product, current economic outlook	1.60%	0.50%
Consumer real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, period increase (decrease)					921
Allowance for credit losses			497	462	497	462
Decrease to allowance for credit losses			(412)	(384)	(412)	(384)	(427)	(420)	(396)	(557)
Outstanding loans and leases, period increase, excluding loans accounted for under the fair value option					2,500
Consumer real estate | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Decrease to allowance for credit losses								67
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses, period increase (decrease)					(503)
Allowance for credit losses			6,388	6,859	6,388	6,859
Decrease to allowance for credit losses			(5,120)	(5,422)	(5,120)	(5,422)	(5,200)	(5,445)	(5,361)	(5,354)
Outstanding loans and leases, period increase, excluding loans accounted for under the fair value option					2,400
Commercial | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Decrease to allowance for credit losses								67
Credit card and other consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses			7,755	6,496	7,755	6,496
Decrease to allowance for credit losses			$ (7,755)	$ (6,496)	$ (7,755)	$ (6,496)	$ (7,323)	(6,817)	$ (6,216)	$ (6,476)
Credit card and other consumer | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Decrease to allowance for credit losses								$ 109

Outstanding Loans and Leases_22

Outstanding Loans and Leases and Allowance for Credit Losses - Allowance by Portfolio Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	$ 12,950	$ 11,973	$ 12,682	$ 12,387	$ 12,387
Loans and leases charged off	(1,187)	(809)	(3,367)	(2,487)
Recoveries of loans and leases previously charged off	256	289	760	1,004
Net charge-offs	(931)	(520)	(2,607)	(1,483)
Provision for loan and lease losses	1,268	845	3,477	1,394
Other	0	4	(22)	4
Allowance for loan and lease losses, ending balance	13,287	12,302	13,287	12,302	12,682
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	1,388	1,461	1,540	1,456	1,456
Provision for unfunded lending commitments	(34)	53	(187)	57
Other	(1)	1		2
Reserve for unfunded lending commitments, ending balance	1,353	1,515	1,353	1,515	1,540
Allowance for credit losses	14,640	13,817	14,640	13,817
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			(243)
Allowance for loan and lease losses, ending balance					(243)
Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			12,439
Allowance for loan and lease losses, ending balance					12,439
Consumer real estate
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	427	396	420	557	557
Loans and leases charged off	(15)	(13)	(44)	(196)
Recoveries of loans and leases previously charged off	27	34	81	195
Net charge-offs	12	21	37	(1)
Provision for loan and lease losses	(28)	(37)	14	(179)
Other	1	4	8	7
Allowance for loan and lease losses, ending balance	412	384	412	384	420
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	86	79	94	96	96
Provision for unfunded lending commitments	(1)	(1)	(9)	(18)
Other	0	0		0
Reserve for unfunded lending commitments, ending balance	85	78	85	78	94
Allowance for credit losses	497	462	497	462
Consumer real estate | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			(67)
Allowance for loan and lease losses, ending balance					(67)
Consumer real estate | Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			353
Allowance for loan and lease losses, ending balance					353
Credit card and other consumer
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	7,323	6,216	6,817	6,476	6,476
Loans and leases charged off	(994)	(696)	(2,779)	(2,007)
Recoveries of loans and leases previously charged off	178	216	565	684
Net charge-offs	(816)	(480)	(2,214)	(1,323)
Provision for loan and lease losses	1,247	760	3,259	1,344
Other	1	0	2	(1)
Allowance for loan and lease losses, ending balance	7,755	6,496	7,755	6,496	6,817
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	0	0	0	0	0
Provision for unfunded lending commitments	0	0	0	0
Other	0	0		0
Reserve for unfunded lending commitments, ending balance	0	0	0	0	0
Allowance for credit losses	7,755	6,496	7,755	6,496
Credit card and other consumer | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			(109)
Allowance for loan and lease losses, ending balance					(109)
Credit card and other consumer | Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			6,708
Allowance for loan and lease losses, ending balance					6,708
Commercial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	5,200	5,361	5,445	5,354	5,354
Loans and leases charged off	(178)	(100)	(544)	(284)
Recoveries of loans and leases previously charged off	51	39	114	125
Net charge-offs	(127)	(61)	(430)	(159)
Provision for loan and lease losses	49	122	204	229
Other	(2)	0	(32)	(2)
Allowance for loan and lease losses, ending balance	5,120	5,422	5,120	5,422	5,445
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	1,302	1,382	1,446	1,360	1,360
Provision for unfunded lending commitments	(33)	54	(178)	75
Other	(1)	1		2
Reserve for unfunded lending commitments, ending balance	1,268	1,437	1,268	1,437	1,446
Allowance for credit losses	$ 6,388	$ 6,859	6,388	$ 6,859
Commercial | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			(67)
Allowance for loan and lease losses, ending balance					(67)
Commercial | Cumulative Effect, Period of Adoption, Adjusted Balance
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance			$ 5,378
Allowance for loan and lease losses, ending balance					$ 5,378

Securitizations and Other Var_3

Securitizations and Other Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Liquidity commitments to unconsolidated securitization trusts	$ 950	$ 978

Securitizations and Other Var_4

Securitizations and Other Variable Interest Entities - First Lien Mortgage Securitizations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Residential Mortgage - Agency
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Proceeds from loan sales	$ 1,220	$ 3,259	$ 3,475	$ 7,000
Gains on securitizations	(2)	0	(6)	8
Repurchases from securitization trusts	10	21	24	46
Gain (loss) on loans securitized	17	5	34	35
Deconsolidation of securitizations	35	22	659	585
Commercial
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Proceeds from loan sales	1,167	779	1,764	5,194
Gains on securitizations	33	13	35	39
Repurchases from securitization trusts	0	0	0	0
First Lien Mortgages
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Mortgage loans serviced for investors	93,500	102,600	93,500	102,600
Servicing fees	55	$ 71	187	$ 215
Transfers continuing involvement servicing fee advances	$ 1,300		$ 1,300		$ 1,600

Securitizations and Other Var_5

Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
On-balance sheet assets
Trading account assets	$ 306,409	$ 296,108
Debt securities carried at fair value	175,540	229,994
Held-to-maturity securities	603,365	632,863
All other assets	152,732	150,759
Loans and leases	1,049,149	1,045,747
Total assets	3,153,090	3,051,375	$ 3,072,953
Total liabilities	2,866,026	2,778,178
Consolidated VIEs
On-balance sheet assets
Trading account assets	4,654	2,816
All other assets	222	116
Loans and leases	16,902	16,738
Total assets	20,969	18,873
Total liabilities	8,637	4,635
Agency | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	8,280	9,112
On-balance sheet assets
All other assets	0	0
Total assets	8,280	9,112
Principal balance outstanding	76,572	81,644
Agency | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	1,914	1,735
On-balance sheet assets
Trading account assets	1,914	1,735
Loans and leases	0	0
Total assets	1,914	1,735
Total liabilities	0	0
Agency | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	284	232
Debt securities carried at fair value	2,482	3,027
Held-to-maturity securities	5,514	5,853
Non-agency | Prime | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	83	91
On-balance sheet assets
All other assets	2	3
Total assets	6	6
Principal balance outstanding	3,589	3,973
Non-agency | Prime | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0	0
On-balance sheet assets
Trading account assets	0	0
Loans and leases	0	0
Total assets	0	0
Total liabilities	0	0
Non-agency | Prime | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	4	3
Debt securities carried at fair value	0	0
Held-to-maturity securities	0	0
Non-agency | Subprime | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	655	735
On-balance sheet assets
All other assets	22	25
Total assets	384	460
Principal balance outstanding	4,600	5,034
Non-agency | Subprime | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0	78
On-balance sheet assets
Trading account assets	0	78
Loans and leases	0	0
Total assets	0	78
Total liabilities	0	0
Non-agency | Subprime | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	20	25
Debt securities carried at fair value	342	410
Held-to-maturity securities	0	0
Non-agency | Alt-A | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	9	28
On-balance sheet assets
All other assets	2	2
Total assets	9	28
Principal balance outstanding	10,650	11,568
Non-agency | Alt-A | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0	0
On-balance sheet assets
Trading account assets	0	0
Loans and leases	0	0
Total assets	0	0
Total liabilities	0	0
Non-agency | Alt-A | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	7	26
Debt securities carried at fair value	0	0
Held-to-maturity securities	0	0
Commercial Mortgage
On-balance sheet assets
Debt securities carried at fair value	6,752
Commercial Mortgage | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	1,461	1,594
On-balance sheet assets
All other assets	45	101
Total assets	1,355	1,460
Principal balance outstanding	81,080	85,101
Commercial Mortgage | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0	0
On-balance sheet assets
Trading account assets	0	0
Loans and leases	0	0
Total assets	0	0
Total liabilities	0	0
Commercial Mortgage | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	17	91
Debt securities carried at fair value	0	0
Held-to-maturity securities	$ 1,293	$ 1,268

Securitizations and Other Var_6

Securitizations and Other Variable Interest Entities - Home Equity Loan, Credit Card and Other Asset-backed VIEs (Details) - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
On-balance sheet assets
Trading account assets	$ 306,409		$ 296,108
Debt securities carried at fair value	175,540		229,994
Held-to-maturity securities	603,365		632,863
Total assets	3,153,090		3,051,375	$ 3,072,953
Loans and leases	1,049,149		1,045,747
Allowance for loan and lease losses	(13,287)	$ (12,950)	(12,682)	(12,302)	$ (11,973)	$ (12,387)
Other assets	152,732		150,759
On-balance sheet liabilities
Long-term debt	290,359		275,982
Total liabilities	2,866,026		2,778,178
Consolidated VIEs
On-balance sheet assets
Trading account assets	4,654		2,816
Total assets	20,969		18,873
Loans and leases	16,902		16,738
Allowance for loan and lease losses	(809)		(797)
Other assets	222		116
On-balance sheet liabilities
Long-term debt	6,566		4,581
All other liabilities	12		12
Total liabilities	8,637		4,635
Home equity | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0		119
On-balance sheet assets
Total retained positions	0		1
Total assets	264		326
Home equity | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	13		32
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Total assets	42		111
Loans and leases	34		97
Allowance for loan and lease losses, net of adjustments	7		12
Other assets	1		2
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	29		79
All other liabilities	0		0
Total liabilities	29		79
Home equity | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		1
Held-to-maturity securities	0		0
Credit Card and Automobile Loan | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	0		0
On-balance sheet assets
Total retained positions	0		0
Total assets	0		0
Credit Card and Automobile Loan | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	8,361		9,555
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Total assets	14,529		13,815
Loans and leases	15,233		14,555	14,000
Allowance for loan and lease losses	(815)		(808)
Other assets	111		68
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	6,156		4,247	$ 3,000
All other liabilities	12		13
Total liabilities	6,168		4,260
Residual interests	3,600		3,300
Credit Card and Automobile Loan | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Held-to-maturity securities	0		0
Resecuritization Trusts | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	4,683		4,243
On-balance sheet assets
Total retained positions	4,683		4,243
Total assets	18,187		12,255
Resecuritization Trusts | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	119		551
On-balance sheet assets
Trading account assets	291		650
Debt securities carried at fair value	0		0
Total assets	291		650
Loans and leases	0		0
Allowance for loan and lease losses	0		0
Other assets	0		0
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	172		99
All other liabilities	0		0
Total liabilities	172		99
Resecuritization Trusts | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	1,465		456
Debt securities carried at fair value	916		1,259
Held-to-maturity securities	2,302		2,528
Municipal Bond Trusts | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	2,030		2,537
On-balance sheet assets
Total retained positions	0		0
Total assets	2,486		3,016
Municipal Bond Trusts | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	2,121		0
On-balance sheet assets
Trading account assets	2,071		0
Debt securities carried at fair value	50		0
Total assets	2,121		0
Loans and leases	0		0
Allowance for loan and lease losses	0		0
Other assets	0		0
On-balance sheet liabilities
Short-term borrowings	2,036		0
Long-term debt	0		0
All other liabilities	0		0
Total liabilities	2,036		0
Municipal Bond Trusts | Senior securities: | Unconsolidated VIEs
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Held-to-maturity securities	$ 0		$ 0

Securitizations and Other Var_7

Securitizations and Other Variable Interest Entities - Other Asset-backed Securitizations, Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Variable Interest Entity [Line Items]
Carrying value of receivables in trusts	$ 1,049,149		$ 1,049,149		$ 1,045,747
Long-term debt	290,359		290,359		275,982
Consolidated VIEs
Variable Interest Entity [Line Items]
Carrying value of receivables in trusts	16,902		16,902		16,738
Long-term debt	6,566		6,566		4,581
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Liquidity commitments to unconsolidated securitization trusts	950		950		978
Credit Card and Automobile Loan | Consolidated VIEs
Variable Interest Entity [Line Items]
Carrying value of receivables in trusts	15,233	$ 14,000	15,233	$ 14,000	14,555
Long-term debt	6,156	3,000	6,156	3,000	4,247
Resecuritization Trusts
Variable Interest Entity [Line Items]
Cash proceeds from new securitizations	1,800	5,300	7,600	19,500
Resecuritization Trusts | Consolidated VIEs
Variable Interest Entity [Line Items]
Carrying value of receivables in trusts	0		0		0
Long-term debt	172		172		99
Securities
Variable Interest Entity [Line Items]
Cash proceeds from new securitizations	1,100	$ 670	2,100	$ 2,400
Municipal Bond Trusts | Consolidated VIEs
Variable Interest Entity [Line Items]
Carrying value of receivables in trusts	0		0		0
Long-term debt	0		0		0
Municipal Bond Trusts | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Liquidity commitments to unconsolidated securitization trusts	$ 2,000		$ 2,000		$ 2,500
Weighted average remaining life of bonds held in the trusts in years			12 years 3 months 18 days

Securitizations and Other Var_8

Securitizations and Other Variable Interest Entities - Other Variable Interest Entities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
On-balance sheet assets
Trading account assets	$ 306,409		$ 296,108
Debt securities carried at fair value	175,540		229,994
Loans and leases	1,049,149		1,045,747
Allowance for loan and lease losses	(13,287)	$ (12,950)	(12,682)	$ (12,302)	$ (11,973)	$ (12,387)
All other assets	152,732		150,759
Total assets	3,153,090		3,051,375	$ 3,072,953
On-balance sheet liabilities
Long-term debt	290,359		275,982
Total liabilities	2,866,026		2,778,178
Consolidated VIEs
On-balance sheet assets
Trading account assets	4,654		2,816
Loans and leases	16,902		16,738
Allowance for loan and lease losses	(809)		(797)
All other assets	222		116
Total assets	20,969		18,873
On-balance sheet liabilities
Long-term debt	6,566		4,581
All other liabilities	12		12
Total liabilities	8,637		4,635
Other Variable Interest Entities | Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	1,840		2,286
On-balance sheet assets
Trading account assets	378		353
Debt securities carried at fair value	0		0
Loans and leases	1,635		2,086
Allowance for loan and lease losses	(1)		(1)
All other assets	60		46
Total assets	2,072		2,484
On-balance sheet liabilities
Short-term borrowings	23		42
Long-term debt	209		156
All other liabilities	0		0
Total liabilities	232		198
Other Variable Interest Entities | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	47,375		47,477
On-balance sheet assets
Trading account assets	2,183		2,187
Debt securities carried at fair value	125		473
Loans and leases	14,447		14,243
Allowance for loan and lease losses	(71)		(99)
All other assets	30,164		30,221
Total assets	46,848		47,025
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	0		0
All other liabilities	7,104		7,318
Total liabilities	7,104		7,318
Other Variable Interest Entities | Variable Interest Entity
Variable Interest Entity [Line Items]
Maximum loss exposure	49,215		49,763
On-balance sheet assets
Trading account assets	2,561		2,540
Debt securities carried at fair value	125		473
Loans and leases	16,082		16,329
Allowance for loan and lease losses	(72)		(100)
All other assets	30,224		30,267
Total assets	48,920		49,509
On-balance sheet liabilities
Short-term borrowings	23		42
Long-term debt	209		156
All other liabilities	7,104		7,318
Total liabilities	$ 7,336		$ 7,516

Securitizations and Other Var_9

Securitizations and Other Variable Interest Entities - Other Variable Interest Entities, Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Variable Interest Entity [Line Items]
Total assets of VIEs	$ 1,500		$ 1,500		$ 1,500
Total assets	3,153,090	$ 3,072,953	3,153,090	$ 3,072,953	3,051,375
Consolidated VIEs
Variable Interest Entity [Line Items]
Total assets	20,969		20,969		18,873
Customer Vehicles
Variable Interest Entity [Line Items]
Maximum loss exposure	832		832		914
Collateralized Debt Obligations And Collateralized Loan Obligations
Variable Interest Entity [Line Items]
Maximum loss exposure	16,300		16,300		16,300
Collateralized Debt Obligations And Collateralized Loan Obligations | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Loans and securities	16,200		16,200		16,300
Investment Vehicles
Variable Interest Entity [Line Items]
Maximum loss exposure	1,800		1,800		2,400
Investment Vehicles | Consolidated VIEs
Variable Interest Entity [Line Items]
Total assets	471		471		854
Investment Vehicles | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Total assets	15,400		15,400		12,200
Leveraged Lease Trusts | Consolidated VIEs
Variable Interest Entity [Line Items]
Total assets	1,200		1,200		1,200
Tax Credit Vehicles
Investments in Affordable Housing Projects [Abstract]
Investments in affordable housing project investments	14,900		14,900		14,700
Unfunded commitments	6,800		$ 6,800		6,900
Unfunded commitment payment period			5 years
Tax credits and other benefits	526	457	$ 1,600	1,300
Pretax losses	379	350	1,100	1,000
Tax Credit Vehicles | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	28,800		28,800		28,800
Total assets	81,700		81,700		74,800
Renewable Energy Investments
Investments in Affordable Housing Projects [Abstract]
Equity investments	13,900		13,900		13,900
Unfunded capital contributions	6,500		$ 6,500		$ 1,900
Term of unfunded capital contributions (in years)			2 years
Tax credits and other tax benefits related to renewable energy investments	1,300	527	$ 3,400	2,000
Pretax losses in renewable energy investments	$ 849	$ 337	$ 2,000	$ 1,400

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Goodwill [Line Items]
Total goodwill	$ 69,021	$ 69,022
Operating Segments | Consumer Banking
Goodwill [Line Items]
Total goodwill	30,137	30,137
Operating Segments | Global Wealth & Investment Management
Goodwill [Line Items]
Total goodwill	9,677	9,677
Operating Segments | Global Banking
Goodwill [Line Items]
Total goodwill	24,026	24,026
Operating Segments | Global Markets
Goodwill [Line Items]
Total goodwill	$ 5,181	$ 5,182

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net (excluding goodwill)	$ 2,000		$ 2,000		$ 2,100
Amortization of intangibles	20	$ 20	59	$ 59
Trade Names
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net (excluding goodwill)	$ 1,600		$ 1,600		$ 1,600

Leases - Lessor Arrangements (D

Leases - Lessor Arrangements (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Lease receivables	$ 15,580	$ 15,123
Unguaranteed residuals	2,291	2,143
Total net investment in sales-type and direct financing leases	17,871	17,266
Unguaranteed residual asset with third-party residual value insurance	$ 6,600	$ 6,500

Leases - Lease Income (Details)

Leases - Lease Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Leases [Abstract]
Sales-type and direct financing leases	$ 206	$ 149	$ 559	$ 428
Operating Lease Income, Comprehensive Income, Extensible List Not Disclosed Flag	Operating leases	Operating leases	Operating leases	Operating leases
Operating leases	$ 233	$ 241	$ 705	$ 704
Total lease income	$ 439	$ 390	$ 1,264	$ 1,132

Leases - Supplemental Informati

Leases - Supplemental Information (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Right-of-use asset	$ 9,187	$ 9,755
Lease liabilities	$ 9,799	$ 10,359

Securities Financing Agreemen_3

Securities Financing Agreements, Collateral and Restricted Cash - Securities Financing Agreements (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Securities borrowed or purchased under agreements to resell
Gross Assets/Liabilities	$ 651,337	$ 597,847
Amounts Offset	(342,088)	(330,273)
Net Balance Sheet Amount	309,249	267,574
Financial Instruments	(283,835)	(240,120)
Net Assets/Liabilities	25,414	27,454
Securities loaned or sold under agreements to repurchase
Gross Liabilities	642,791	525,908
Amounts Offset	(342,088)	(330,273)
Net Balance Sheet Amount	300,703	195,635
Financial Instruments	(285,522)	(183,265)
Net Liabilities	15,181	12,370
Other
Gross Liabilities	8,304	8,427
Amounts Offset	0	0
Net Balance Sheet Amount	8,304	8,427
Financial Instruments	(8,304)	(8,427)
Net Liabilities	0	0
Total Securities Financing Agreements Liability
Gross Liabilities	651,095	534,335
Amounts Offset	(342,088)	(330,273)
Net Balance Sheet Amount	309,007	204,062
Financial Instruments	(293,826)	(191,692)
Net Liabilities	15,181	12,370
Loans and leases repurchase activity	$ 8,600	$ 8,700

Securities Financing Agreemen_4

Securities Financing Agreements, Collateral and Restricted Cash - Remaining Contractual Maturity (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) agreement	Dec. 31, 2022 USD ($) agreement
Remaining Contractual Maturity
Securities sold under agreements to repurchase	$ 563,117	$ 453,492
Securities loaned	79,674	72,416
Other	8,304	8,427
Total	$ 651,095	$ 534,335
Number of contractual agreements | agreement	0	0
Maximum agreement maturity period (less than)	4 years	4 years
Overnight and Continuous
Remaining Contractual Maturity
Securities sold under agreements to repurchase	$ 257,669	$ 200,087
Securities loaned	74,247	66,909
Other	8,304	8,427
Total	340,220	275,423
30 Days or Less
Remaining Contractual Maturity
Securities sold under agreements to repurchase	167,947	181,632
Securities loaned	152	288
Other	0	0
Total	168,099	181,920
After 30 Days Through 90 Days
Remaining Contractual Maturity
Securities sold under agreements to repurchase	78,648	41,666
Securities loaned	971	1,139
Other	0	0
Total	79,619	42,805
Greater than 90 Days
Remaining Contractual Maturity
Securities sold under agreements to repurchase	58,853	30,107
Securities loaned	4,304	4,080
Other	0	0
Total	$ 63,157	$ 34,187

Securities Financing Agreemen_5

Securities Financing Agreements, Collateral and Restricted Cash - Class of Collateral Pledged (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	$ 563,117	$ 453,492
Securities Loaned	79,674	72,416
Other	8,304	8,427
Total	651,095	534,335
U.S. government and agency securities
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	310,064	193,005
Securities Loaned	0	18
Other	20	0
Total	310,084	193,023
Corporate securities, trading loans and other
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	20,488	14,345
Securities Loaned	778	2,896
Other	7	317
Total	21,273	17,558
Equity securities
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	7,410	10,249
Securities Loaned	78,896	69,432
Other	8,260	8,110
Total	94,566	87,791
Non-U.S. sovereign debt
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	220,382	232,171
Securities Loaned	0	70
Other	17	0
Total	220,399	232,241
Mortgage trading loans and ABS
Class of Collateral Pledged
Securities Sold Under Agreements to Repurchase	4,773	3,722
Securities Loaned	0	0
Other	0	0
Total	$ 4,773	$ 3,722

Securities Financing Agreemen_6

Securities Financing Agreements, Collateral and Restricted Cash - Collateral (Details) - USD ($) $ in Billions	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Securities Financing Agreements, Collateral and Restricted Cash [Abstract]
Securities held as collateral, fair value	$ 852.7	$ 827.6
Securities received as collateral, amount re-pledged and sold	$ 820.9	$ 764.1

Securities Financing Agreemen_7

Securities Financing Agreements, Collateral and Restricted Cash - Restricted Cash (Details) - USD ($) $ in Billions	Sep. 30, 2023	Dec. 31, 2022
Securities Financing Agreements, Collateral and Restricted Cash [Abstract]
Restricted cash	$ 6.1	$ 7.6

Commitments and Contingencies -

Commitments and Contingencies - Credit Extension Commitments Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Legally binding unfunded commitments syndicated	$ 10,600	$ 10,400
Credit extension commitments, carrying value	1,400	1,600
Notional amount of credit extension commitments under fair value option	1,800	3,000
Unfunded loan commitments
Other Commitments [Line Items]
Fair value carrying amount, liabilities	$ 62	$ 110

Commitments and Contingencies_2

Commitments and Contingencies - Credit Extension Commitments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Expire in One Year or Less	$ 592,149	$ 558,008
Expire After One Year Through Three Years	201,199	179,496
Expire After Three Years Through Five Years	221,038	235,862
Expire After Five Years	38,063	37,601
Total	1,052,449	1,010,967
Legally binding commitments
Other Commitments [Line Items]
Expire in One Year or Less	151,872	138,864
Expire After One Year Through Three Years	201,199	179,496
Expire After Three Years Through Five Years	221,038	235,862
Expire After Five Years	38,063	37,601
Total	612,172	591,823
Loan commitments
Other Commitments [Line Items]
Expire in One Year or Less	127,520	113,962
Expire After One Year Through Three Years	182,325	162,890
Expire After Three Years Through Five Years	206,569	221,374
Expire After Five Years	14,204	13,667
Total	530,618	511,893
Unfunded loan commitment, held as a security
Other Commitments [Line Items]
Total	3,700	2,600
Home equity lines of credit
Other Commitments [Line Items]
Expire in One Year or Less	2,328	1,479
Expire After One Year Through Three Years	8,975	7,230
Expire After Three Years Through Five Years	11,403	11,578
Expire After Five Years	22,273	22,154
Total	44,979	42,441
Standby letters of credit and financial guarantees
Other Commitments [Line Items]
Expire in One Year or Less	21,131	22,565
Expire After One Year Through Three Years	9,821	9,237
Expire After Three Years Through Five Years	2,691	2,787
Expire After Five Years	505	628
Total	34,148	35,217
Standby letters of credit and financial guarantees | Credit Card and Other Consumer
Other Commitments [Line Items]
Total	714	575
Standby letters of credit and financial guarantees | Investment grade
Other Commitments [Line Items]
Total	23,600	25,100
Standby letters of credit and financial guarantees | Non-investment grade
Other Commitments [Line Items]
Total	9,800	9,500
Letters of credit
Other Commitments [Line Items]
Expire in One Year or Less	888	853
Expire After One Year Through Three Years	32	46
Expire After Three Years Through Five Years	257	52
Expire After Five Years	25	49
Total	1,202	1,000
Other commitments
Other Commitments [Line Items]
Expire in One Year or Less	5	5
Expire After One Year Through Three Years	46	93
Expire After Three Years Through Five Years	118	71
Expire After Five Years	1,056	1,103
Total	1,225	1,272
Credit card lines
Other Commitments [Line Items]
Expire in One Year or Less	440,277	419,144
Expire After One Year Through Three Years	0	0
Expire After Three Years Through Five Years	0	0
Expire After Five Years	0	0
Total	$ 440,277	$ 419,144

Commitments and Contingencies_3

Commitments and Contingencies - Other Commitments (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Payment for half of subscribed shares	$ 5,400	$ 5,400
Resale And Forward-Dated Resale And Securities Borrowing Agreements And Forward-Dated Repurchase And Securities Lending Agreements
Loss Contingencies [Line Items]
Other commitment, expiration term (in months)	12 months
Resale and Forward-Dated Resale and Securities Borrowing Agreements
Loss Contingencies [Line Items]
Other commitments	$ 128,300	92,000
Forward-Dated Repurchase and Securities Lending Agreements
Loss Contingencies [Line Items]
Other commitments	73,200	57,800
Auto Loans and Leases
Loss Contingencies [Line Items]
Other commitment, due in next twelve months	$ 4,000	3,700
Other commitment, termination prior notice period	12 months
Equity Investment Commitments
Loss Contingencies [Line Items]
Other commitments	$ 900	571
Residential and Commercial Portfolio Segments | Loan Purchase Commitments | Residential and Commercial Financing Receivable
Loss Contingencies [Line Items]
Other commitments	788	636
Commercial | Loan Purchase Commitments
Loss Contingencies [Line Items]
Other commitments	$ 452	$ 294

Commitments and Contingencies_4

Commitments and Contingencies - Other Guarantees (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Subsidiary, ownership interest, percentage	100%
Merchant Processing Servicers, Sponsored Entities
Loss Contingencies [Line Items]
Transactions processed by sponsored entities	$ 412,000
Life Insurance Book Value Protection
Loss Contingencies [Line Items]
Notional amount of derivatives	4,300	$ 4,300
Maximum potential exposure	632	632
FICC Repo Program
Loss Contingencies [Line Items]
Maximum potential exposure	43,600	59,600
Representations and Warranties Obligations and Corporate Guarantees
Loss Contingencies [Line Items]
Loss contingency accrual	$ 621	$ 612

Commitments and Contingencies_5

Commitments and Contingencies - Other Contingencies (Details) $ in Billions	May 11, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Estimated noninterest expense	$ 1.9

Commitments and Contingencies_6

Commitments and Contingencies - Litigation and Regulatory Matters (Details)		3 Months Ended		9 Months Ended
	Jul. 11, 2023 USD ($) claim	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Loss Contingencies [Line Items]
Litigation settlement expense		$ 76,000,000	$ 507,000,000	$ 442,000,000	$ 1,100,000,000
BANA v. Office Of The Comptroller Of The Currency (OCC) And Consumer Financial Protection Bureau (CFPB)
Loss Contingencies [Line Items]
Number of proceedings | claim	2
Settled Litigation
Loss Contingencies [Line Items]
Penalty expense	$ 30,000,000
Settled Litigation | BANA v. Office Of The Comptroller Of The Currency (OCC) And Consumer Financial Protection Bureau (CFPB)
Loss Contingencies [Line Items]
Penalty expense	60,000,000
Customer refund liability	$ 80,000,000
Minimum
Loss Contingencies [Line Items]
Estimated range of possible loss		0		0
Maximum
Loss Contingencies [Line Items]
Estimated range of possible loss		$ 800,000,000		$ 800,000,000

Shareholders' Equity - Declared

Shareholders' Equity - Declared Quarterly Cash Dividends on Common Stock (Details) - $ / shares	Oct. 18, 2023	Jul. 19, 2023	Apr. 26, 2023	Feb. 01, 2023
Dividends Payable [Line Items]
Dividends per share (in dollars per share)		$ 0.24	$ 0.22	$ 0.22
Subsequent Event
Dividends Payable [Line Items]
Dividends per share (in dollars per share)	$ 0.24

Shareholders' Equity - Common S

Shareholders' Equity - Common Stock Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions					3 Months Ended		9 Months Ended
	Oct. 18, 2023	Jul. 19, 2023	Apr. 26, 2023	Feb. 01, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Class of Stock [Line Items]
Common stock repurchased					$ 1,000	$ 450	$ 3,765	$ 4,075
Shares reserved for future issuance (in shares)					496		496
Dividends per share (in dollars per share)		$ 0.24	$ 0.22	$ 0.22
Subsequent Event
Class of Stock [Line Items]
Dividends per share (in dollars per share)	$ 0.24
Common Stock
Class of Stock [Line Items]
Total share repurchases, including CCAR capital plan repurchases (in shares)					33		119
Common stock repurchased					$ 1,000		$ 3,800
Stock issued (in shares)							73
Shares paid for tax withholding for share based compensation (in shares)							28

Shareholders' Equity - Preferre

Shareholders' Equity - Preferred Stock (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Equity [Abstract]
Preferred stock dividends	$ 531	$ 306	$ 505	$ 503	$ 1,343	$ 1,285

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Change in Accumulated OCI (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	$ 283,319	$ 269,118	$ 273,197	$ 270,066
Net change	(1,050)	(4,353)	(636)	(15,923)
Ending balance	287,064	269,524	287,064	269,524
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(20,742)	(16,674)	(21,156)	(5,104)
Ending balance	(21,792)	(21,027)	(21,792)	(21,027)
Debt Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(2,983)	3,045
Net change			81	(6,381)
Ending balance	(2,902)	(3,336)	(2,902)	(3,336)
Debit Valuation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(881)	(1,636)
Net change			(419)	1,298
Ending balance	(1,300)	(338)	(1,300)	(338)
Derivatives
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(11,935)	(1,880)
Net change			(317)	(10,890)
Ending balance	(12,252)	(12,770)	(12,252)	(12,770)
Employee Benefit Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(4,309)	(3,642)
Net change			25	97
Ending balance	(4,284)	(3,545)	(4,284)	(3,545)
Foreign Currency
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(1,048)	(991)
Net change			(6)	(47)
Ending balance	$ (1,054)	$ (1,038)	$ (1,054)	$ (1,038)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Changes in OCI Components Pre- and After-tax (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
After- tax
Comprehensive income (loss)	$ 6,752	$ 2,729	$ 22,735	$ 4,473
Total other comprehensive income (loss)
Pretax
Net change			(812)	(20,404)
Tax effect
Net change			176	4,481
After- tax
Comprehensive income (loss)			(636)	(15,923)
Debt Securities
Pretax
Net increase (decrease) in fair value			(306)	(8,417)
Net realized (gains) losses reclassified into earnings			404	(37)
Net change			98	(8,454)
Tax effect
Net increase (decrease) in fair value			84	2,064
Net realized (gains) losses reclassified into earnings			(101)	9
Net change			(17)	2,073
After- tax
Net increase (decrease) in fair value			(222)	(6,353)
Net realized (gains) losses reclassified into earnings			303	(28)
Comprehensive income (loss)			81	(6,381)
Debit Valuation Adjustments
Pretax
Net increase (decrease) in fair value			(560)	1,698
Net realized (gains) losses reclassified into earnings			7	14
Net change			(553)	1,712
Tax effect
Net increase (decrease) in fair value			136	(411)
Net realized (gains) losses reclassified into earnings			(2)	(3)
Net change			134	(414)
After- tax
Net increase (decrease) in fair value			(424)	1,287
Net realized (gains) losses reclassified into earnings			5	11
Comprehensive income (loss)			(419)	1,298
Derivatives
Pretax
Net increase (decrease) in fair value			(1,027)	(14,681)
Net realized (gains) losses reclassified into earnings			598	158
Net change			(429)	(14,523)
Tax effect
Net increase (decrease) in fair value			261	3,673
Net realized (gains) losses reclassified into earnings			(149)	(40)
Net change			112	3,633
After- tax
Net increase (decrease) in fair value			(766)	(11,008)
Net realized (gains) losses reclassified into earnings			449	118
Comprehensive income (loss)			(317)	(10,890)
Derivatives | Net interest income
Pretax
Net realized (gains) losses reclassified into earnings			616	182
Tax effect
Net realized (gains) losses reclassified into earnings			(153)	(46)
After- tax
Net realized (gains) losses reclassified into earnings			463	136
Derivatives | Compensation and benefits expense
Pretax
Net realized (gains) losses reclassified into earnings			(18)	(24)
Tax effect
Net realized (gains) losses reclassified into earnings			4	6
After- tax
Net realized (gains) losses reclassified into earnings			(14)	(18)
Employee Benefit Plans
Pretax
Net realized (gains) losses reclassified into earnings			36	135
Net change			36	135
Tax effect
Net realized (gains) losses reclassified into earnings			(11)	(38)
Net change			(11)	(38)
After- tax
Net realized (gains) losses reclassified into earnings			25	97
Comprehensive income (loss)			25	97
Foreign Currency
Pretax
Net increase (decrease) in fair value			80	726
Net realized (gains) losses reclassified into earnings			(44)	0
Net change			36	726
Tax effect
Net increase (decrease) in fair value			(75)	(774)
Net realized (gains) losses reclassified into earnings			33	1
Net change			(42)	(773)
After- tax
Net increase (decrease) in fair value			5	(48)
Net realized (gains) losses reclassified into earnings			(11)	1
Comprehensive income (loss)			$ (6)	$ (47)

Earnings Per Common Share - Bas

Earnings Per Common Share - Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings per common share
Net income	$ 7,802	$ 7,082	$ 23,371	$ 20,396
Preferred stock dividends	(532)	(503)	(1,343)	(1,285)
Net income applicable to common shareholders	$ 7,270	$ 6,579	$ 22,028	$ 19,111
Average common shares issued and outstanding (in shares)	8,017.1	8,107.7	8,041.3	8,122.2
Earnings per common share (in dollars per share)	$ 0.91	$ 0.81	$ 2.74	$ 2.35
Diluted earnings per common share
Net income applicable to common shareholders	$ 7,270	$ 6,579	$ 22,028	$ 19,111
Add preferred stock dividends due to assumed conversions	0	0	167	0
Net income allocated to common shareholders	$ 7,270	$ 6,579	$ 22,195	$ 19,111
Average common shares issued and outstanding (in shares)	8,017.1	8,107.7	8,041.3	8,122.2
Dilutive potential common shares (in shares)	58.8	53.1	112.1	51.1
Total diluted average common shares issued and outstanding (in shares)	8,075.9	8,160.8	8,153.4	8,173.3
Diluted earnings per common share (in dollars per share)	$ 0.90	$ 0.81	$ 2.72	$ 2.34

Earnings Per Common Share - Nar

Earnings Per Common Share - Narrative (Details) shares in Millions	9 Months Ended
	Sep. 30, 2023 shares
Series L Preferred Stock
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)	62

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Assets
Federal funds sold and securities borrowed or purchased under agreements to resell	$ 170,332	$ 146,999
Trading account assets	306,409	296,108
Derivative assets	386,100	398,300
Derivative assets	47,464	48,642
Total AFS debt securities	165,610	220,788
Other debt securities carried at fair value	9,930	9,206
Loans and leases	4,250	5,771
Loans held-for-sale	1,607	1,115
Other assets, measured at fair value	9,058	9,594
Liabilities
Interest-bearing deposits in U.S. offices	404	311
Federal funds purchased and securities loaned or sold under agreements to repurchase	209,837	151,708
Derivative liabilities	380,400	398,500
Derivative liabilities	40,855	44,816
Short-term borrowings	4,046	832
Long-term debt	39,443	33,070
U.S. Treasury and government agencies
Assets
Total AFS debt securities	103,636	159,022
Agency
Assets
Total AFS debt securities	20,504	23,442
Agency-collateralized mortgage obligations
Assets
Total AFS debt securities	1,698	2,221
Non-agency residential
Assets
Total AFS debt securities	387	386
Commercial
Assets
Total AFS debt securities	6,741	6,407
Other taxable securities
Assets
Total AFS debt securities	3,179	4,645
Tax-exempt securities
Assets
Total AFS debt securities	10,593	11,258
Recurring
Assets
Time deposits placed and other short-term investments	1,129	868
Netting adjustments	(244,103)	(221,700)
Federal funds sold and securities borrowed or purchased under agreements to resell	170,332	146,999
Trading account assets	306,409	296,108
Netting adjustments	(338,618)	(349,726)
Derivative assets	47,464	48,642
Total AFS debt securities	165,610	220,788
Other debt securities carried at fair value	9,930	9,206
Loans and leases	4,250	5,771
Loans held-for-sale	1,607	1,115
Other assets, measured at fair value	9,058	9,594
Total assets	715,789	739,091
Netting adjustments	(582,721)	(349,726)
Liabilities
Interest-bearing deposits in U.S. offices	404	311
Federal funds purchased and securities loaned or sold under agreements to repurchase	209,837	151,708
Netting adjustments	(244,103)
Total trading account liabilities	102,820	80,399
Netting adjustments	(339,483)	(353,700)
Derivative liabilities	40,855	44,816
Short-term borrowings	4,046	832
Accrued expenses and other liabilities	10,011	9,752
Long-term debt	39,443	33,070
Total liabilities	407,416	320,888
Netting adjustments	(583,586)	(353,700)
Mortgage servicing rights	$ 1,000	$ 1,000
Level 3 recurring assets, as a percent of total assets	0.35%	0.35%
Level 3 recurring liabilities, as a percent of total liabilities	0.34%	0.25%
Recurring | U.S. Treasury and government agencies
Assets
Trading account assets	$ 67,554	$ 59,106
Liabilities
Total trading account liabilities	20,801	14,087
Recurring | Corporate securities, trading loans and other
Assets
Trading account assets	46,709	49,281
Liabilities
Total trading account liabilities	7,586	6,686
Recurring | Equity securities
Assets
Trading account assets	104,898	113,078
Liabilities
Total trading account liabilities	53,251	41,762
Recurring | Non-U.S. sovereign debt
Assets
Trading account assets	37,905	34,216
Liabilities
Total trading account liabilities	21,182	17,864
Recurring | U.S. government-sponsored agency guaranteed
Assets
Trading account assets	38,529	28,597
Recurring | Mortgage trading loans, ABS and other MBS
Assets
Trading account assets	10,814	11,830
Recurring | U.S. Treasury and government agencies
Assets
Total AFS debt securities	103,636	159,022
Other debt securities carried at fair value	1,058	561
Recurring | Agency
Assets
Total AFS debt securities	20,504	23,442
Recurring | Agency-collateralized mortgage obligations
Assets
Total AFS debt securities	1,698	2,221
Recurring | Non-agency residential
Assets
Total AFS debt securities	387	386
Other debt securities carried at fair value	283	367
Recurring | Commercial
Assets
Total AFS debt securities	6,741	6,407
Recurring | Non-U.S. securities
Assets
Total AFS debt securities	18,872	13,407
Recurring | Other taxable securities
Assets
Total AFS debt securities	3,179	4,645
Recurring | Tax-exempt securities
Assets
Total AFS debt securities	10,593	11,258
Recurring | Non-U.S. and other securities
Assets
Other debt securities carried at fair value	8,589	8,278
Recurring | Securities gegregated for compliance or deposited with clearing organizations
Assets
Trading account assets	25,300	16,600
Recurring | Commodities Investment
Assets
Trading account assets	340	40
Recurring | Level 1
Assets
Time deposits placed and other short-term investments	1,129	868
Federal funds sold and securities borrowed or purchased under agreements to resell	0	0
Trading account assets	144,003	144,154
Derivative assets	15,908	14,775
Total AFS debt securities	102,805	158,102
Other debt securities carried at fair value	2,920	3,588
Loans and leases	0	0
Loans held-for-sale	0	0
Other assets, measured at fair value	5,609	6,898
Total assets	272,374	328,385
Liabilities
Interest-bearing deposits in U.S. offices	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase	0	0
Total trading account liabilities	81,062	60,479
Derivative liabilities	15,822	15,431
Short-term borrowings	0	0
Accrued expenses and other liabilities	6,991	7,458
Long-term debt	0	0
Total liabilities	103,875	83,368
Recurring | Level 1 | U.S. Treasury and government agencies
Assets
Trading account assets	67,333	58,894
Liabilities
Total trading account liabilities	20,799	13,906
Recurring | Level 1 | Corporate securities, trading loans and other
Assets
Trading account assets	0	0
Liabilities
Total trading account liabilities	0	0
Recurring | Level 1 | Equity securities
Assets
Trading account assets	65,627	77,868
Liabilities
Total trading account liabilities	47,649	36,937
Recurring | Level 1 | Non-U.S. sovereign debt
Assets
Trading account assets	11,043	7,392
Liabilities
Total trading account liabilities	12,614	9,636
Recurring | Level 1 | U.S. government-sponsored agency guaranteed
Assets
Trading account assets	0	0
Recurring | Level 1 | Mortgage trading loans, ABS and other MBS
Assets
Trading account assets	0	0
Recurring | Level 1 | U.S. Treasury and government agencies
Assets
Total AFS debt securities	102,738	158,102
Other debt securities carried at fair value	1,058	561
Recurring | Level 1 | Agency
Assets
Total AFS debt securities	0	0
Recurring | Level 1 | Agency-collateralized mortgage obligations
Assets
Total AFS debt securities	0	0
Recurring | Level 1 | Non-agency residential
Assets
Total AFS debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring | Level 1 | Commercial
Assets
Total AFS debt securities	0	0
Recurring | Level 1 | Non-U.S. securities
Assets
Total AFS debt securities	67	0
Recurring | Level 1 | Other taxable securities
Assets
Total AFS debt securities	0	0
Recurring | Level 1 | Tax-exempt securities
Assets
Total AFS debt securities	0	0
Recurring | Level 1 | Non-U.S. and other securities
Assets
Other debt securities carried at fair value	1,862	3,027
Recurring | Level 2
Assets
Time deposits placed and other short-term investments	0	0
Federal funds sold and securities borrowed or purchased under agreements to resell	414,435	146,999
Trading account assets	158,497	147,355
Derivative assets	365,554	380,380
Total AFS debt securities	62,370	62,182
Other debt securities carried at fair value	6,940	5,499
Loans and leases	4,143	5,518
Loans held-for-sale	1,436	883
Other assets, measured at fair value	1,723	897
Total assets	1,015,098	749,713
Liabilities
Interest-bearing deposits in U.S. offices	404	311
Federal funds purchased and securities loaned or sold under agreements to repurchase	453,940	151,708
Total trading account liabilities	21,674	19,862
Derivative liabilities	355,436	376,979
Short-term borrowings	4,035	818
Accrued expenses and other liabilities	3,015	2,262
Long-term debt	38,803	32,208
Total liabilities	877,307	584,148
Recurring | Level 2 | U.S. Treasury and government agencies
Assets
Trading account assets	221	212
Liabilities
Total trading account liabilities	2	181
Recurring | Level 2 | Corporate securities, trading loans and other
Assets
Trading account assets	44,553	46,897
Liabilities
Total trading account liabilities	7,514	6,628
Recurring | Level 2 | Equity securities
Assets
Trading account assets	39,093	35,065
Liabilities
Total trading account liabilities	5,590	4,825
Recurring | Level 2 | Non-U.S. sovereign debt
Assets
Trading account assets	26,496	26,306
Liabilities
Total trading account liabilities	8,568	8,228
Recurring | Level 2 | U.S. government-sponsored agency guaranteed
Assets
Trading account assets	38,520	28,563
Recurring | Level 2 | Mortgage trading loans, ABS and other MBS
Assets
Trading account assets	9,614	10,312
Recurring | Level 2 | U.S. Treasury and government agencies
Assets
Total AFS debt securities	898	920
Other debt securities carried at fair value	0	0
Recurring | Level 2 | Agency
Assets
Total AFS debt securities	20,504	23,442
Recurring | Level 2 | Agency-collateralized mortgage obligations
Assets
Total AFS debt securities	1,698	2,221
Recurring | Level 2 | Non-agency residential
Assets
Total AFS debt securities	109	128
Other debt securities carried at fair value	213	248
Recurring | Level 2 | Commercial
Assets
Total AFS debt securities	6,741	6,407
Recurring | Level 2 | Non-U.S. securities
Assets
Total AFS debt securities	18,699	13,212
Recurring | Level 2 | Other taxable securities
Assets
Total AFS debt securities	3,179	4,645
Recurring | Level 2 | Tax-exempt securities
Assets
Total AFS debt securities	10,542	11,207
Recurring | Level 2 | Non-U.S. and other securities
Assets
Other debt securities carried at fair value	6,727	5,251
Recurring | Level 3
Assets
Time deposits placed and other short-term investments	0	0
Federal funds sold and securities borrowed or purchased under agreements to resell	0	0
Trading account assets	3,909	4,599
Derivative assets	4,620	3,213	$ 3,300
Total AFS debt securities	435	504
Other debt securities carried at fair value	70	119
Loans and leases	107	253
Loans held-for-sale	171	232
Other assets, measured at fair value	1,726	1,799
Total assets	11,038	10,719
Liabilities
Interest-bearing deposits in U.S. offices	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase	0	0
Total trading account liabilities	84	58
Derivative liabilities	9,080	6,106	$ 5,500
Short-term borrowings	11	14
Accrued expenses and other liabilities	5	32
Long-term debt	640	862
Total liabilities	9,820	7,072
Mortgage servicing rights	1,046	1,020
Recurring | Level 3 | U.S. Treasury and government agencies
Assets
Trading account assets	0	0
Liabilities
Total trading account liabilities	0	0
Recurring | Level 3 | Corporate securities, trading loans and other
Assets
Trading account assets	2,156	2,384
Liabilities
Total trading account liabilities	72	58
Recurring | Level 3 | Equity securities
Assets
Trading account assets	178	145
Liabilities
Total trading account liabilities	12	0
Recurring | Level 3 | Non-U.S. sovereign debt
Assets
Trading account assets	366	518
Liabilities
Total trading account liabilities	0	0
Recurring | Level 3 | U.S. government-sponsored agency guaranteed
Assets
Trading account assets	9	34
Recurring | Level 3 | Mortgage trading loans, ABS and other MBS
Assets
Trading account assets	1,200	1,518
Recurring | Level 3 | U.S. Treasury and government agencies
Assets
Total AFS debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring | Level 3 | Agency
Assets
Total AFS debt securities	0	0
Recurring | Level 3 | Agency-collateralized mortgage obligations
Assets
Total AFS debt securities	0	0
Recurring | Level 3 | Non-agency residential
Assets
Total AFS debt securities	278	258
Other debt securities carried at fair value	70	119
Recurring | Level 3 | Commercial
Assets
Total AFS debt securities	0	0
Recurring | Level 3 | Non-U.S. securities
Assets
Total AFS debt securities	106	195
Recurring | Level 3 | Other taxable securities
Assets
Total AFS debt securities	0	0
Recurring | Level 3 | Tax-exempt securities
Assets
Total AFS debt securities	51	51
Recurring | Level 3 | Non-U.S. and other securities
Assets
Other debt securities carried at fair value	$ 0	$ 0

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	$ (245)	$ (60)	$ (332)	$ 2
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance, beginning	(4,997)	(1,682)	(2,893)	(2,662)
Total realized and unrealized gains (losses) included in Net Income	1,445	(266)	(116)	1,076
Gains (losses) in OCI	(235)	0	(375)	0
Purchases	613	97	1,142	222
Sales	(395)	(238)	(994)	(589)
Issuances	0	0	0	0
Settlements	(577)	49	(1,372)	393
Gross Transfers into Level 3	(315)	(62)	(154)	(241)
Gross Transfers out of Level 3	1	(115)	302	(416)
Balance, ending	(4,460)	(2,217)	(4,460)	(2,217)
Change in unrealized gains/(losses) In net income related to financial instruments still held	1,369	(293)	(1,794)	701
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(245)	(60)	(332)	2
Derivative assets	386,100		386,100		$ 398,300
Derivative liabilities	380,400		380,400		398,500
Level 3 | Recurring
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Derivative assets	4,620	3,300	4,620	3,300	3,213
Derivative liabilities	9,080	5,500	9,080	5,500	$ 6,106
Trading account liabilities – Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	0		0
Total realized and unrealized gains (losses) included in Net Income	0		0
Gains (losses) in OCI	0		0
Purchases	0		0
Sales	0		0
Issuances	0		0
Settlements	0		0
Gross Transfers into Level 3	(12)		(12)
Gross Transfers out of Level 3	0		0
Balance, ending	(12)		(12)
Change in unrealized gains/(losses) In net income related to financial instruments still held	0		0
Trading account liabilities – Corporate securities and other
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	(49)	(14)	(58)	(11)
Total realized and unrealized gains (losses) included in Net Income	5	1	1	0
Gains (losses) in OCI	0	0	0	0
Purchases	(1)	0	(2)	0
Sales	0	0	(2)	0
Issuances	0	0	(1)	0
Settlements	0	0	2	(2)
Gross Transfers into Level 3	(27)	0	(33)	0
Gross Transfers out of Level 3	0	0	21	0
Balance, ending	(72)	(13)	(72)	(13)
Change in unrealized gains/(losses) In net income related to financial instruments still held	(1)	0	(2)	0
Short-term borrowings
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	(11)	0	(14)	0
Total realized and unrealized gains (losses) included in Net Income	(1)	1	2	1
Gains (losses) in OCI	0	0	0	0
Purchases	0	0	0	0
Sales	0	(4)	(13)	(4)
Issuances	(6)	0	(8)	0
Settlements	7	0	22	0
Gross Transfers into Level 3	0	(3)	0	(3)
Gross Transfers out of Level 3	0	0	0	0
Balance, ending	(11)	(6)	(11)	(6)
Change in unrealized gains/(losses) In net income related to financial instruments still held	(1)	1	0	1
Accrued expenses and other liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	(14)	(63)	(32)	0
Total realized and unrealized gains (losses) included in Net Income	8	7	38	(56)
Gains (losses) in OCI	0	0	0	0
Purchases	0	(7)	(12)	(7)
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Gross Transfers into Level 3	0	0	0	0
Gross Transfers out of Level 3	1	0	1	0
Balance, ending	(5)	(63)	(5)	(63)
Change in unrealized gains/(losses) In net income related to financial instruments still held	8	7	21	(33)
Long-term debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	(664)	(812)	(862)	(1,075)
Total realized and unrealized gains (losses) included in Net Income	3	26	154	(96)
Gains (losses) in OCI	1	(12)	(20)	67
Purchases	0	0	(9)	0
Sales	(4)	0	49	14
Issuances	0	0	0	(1)
Settlements	24	18	41	35
Gross Transfers into Level 3	0	(13)	0	(19)
Gross Transfers out of Level 3	0	0	7	282
Balance, ending	(640)	(793)	(640)	(793)
Change in unrealized gains/(losses) In net income related to financial instruments still held	3	26	158	(102)
Federal funds sold and securities borrowed or purchased under agreements to resell
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	7		0
Total realized and unrealized gains (losses) included in Net Income	0		0
Gains (losses) in OCI	0		0
Purchases	0		0
Sales	0		0
Issuances	0		0
Settlements	0		0
Gross Transfers into Level 3	0		7
Gross Transfers out of Level 3	(7)		(7)
Balance, ending	0		0
Change in unrealized gains/(losses) In net income related to financial instruments still held	0		0
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0		0
Total trading account assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	4,060	4,402	4,599	4,223
Total realized and unrealized gains (losses) included in Net Income	104	(51)	169	(272)
Gains (losses) in OCI	(15)	(13)	23	6
Purchases	158	366	538	1,375
Sales	(124)	(225)	(531)	(757)
Issuances	0	0	14	0
Settlements	(407)	(324)	(1,146)	(554)
Gross Transfers into Level 3	278	447	797	1,359
Gross Transfers out of Level 3	(145)	(134)	(554)	(912)
Balance, ending	3,909	4,468	3,909	4,468
Change in unrealized gains/(losses) In net income related to financial instruments still held	17	(43)	34	(230)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(15)	(13)	23	6
Corporate securities, trading loans and other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	2,100	2,367	2,384	2,110
Total realized and unrealized gains (losses) included in Net Income	53	(28)	114	(97)
Gains (losses) in OCI	(1)	(1)	1	(2)
Purchases	112	176	336	943
Sales	(17)	(144)	(172)	(342)
Issuances	0	0	14	0
Settlements	(149)	(300)	(601)	(417)
Gross Transfers into Level 3	137	329	331	849
Gross Transfers out of Level 3	(79)	(50)	(251)	(695)
Balance, ending	2,156	2,349	2,156	2,349
Change in unrealized gains/(losses) In net income related to financial instruments still held	16	(30)	38	(141)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(1)	(1)	1	(2)
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	159	179	145	190
Total realized and unrealized gains (losses) included in Net Income	45	(5)	39	2
Gains (losses) in OCI	0	0	0	0
Purchases	4	13	20	41
Sales	(3)	(7)	(47)	(22)
Issuances	0	0	0	0
Settlements	(47)	0	(59)	(4)
Gross Transfers into Level 3	51	3	134	29
Gross Transfers out of Level 3	(31)	(12)	(54)	(65)
Balance, ending	178	171	178	171
Change in unrealized gains/(losses) In net income related to financial instruments still held	(3)	(5)	(10)	(20)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	0	0	0
Non-U.S. sovereign debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	568	470	518	396
Total realized and unrealized gains (losses) included in Net Income	16	39	54	58
Gains (losses) in OCI	(14)	(12)	22	8
Purchases	2	11	38	18
Sales	(3)	(2)	(9)	(4)
Issuances	0	0	0	0
Settlements	(203)	(18)	(257)	(33)
Gross Transfers into Level 3	0	2	0	52
Gross Transfers out of Level 3	0	(5)	0	(10)
Balance, ending	366	485	366	485
Change in unrealized gains/(losses) In net income related to financial instruments still held	16	39	56	55
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(14)	(12)	22	8
Mortgage trading loans, MBS and ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	1,233	1,386	1,552	1,527
Total realized and unrealized gains (losses) included in Net Income	(10)	(57)	(38)	(235)
Gains (losses) in OCI	0	0	0	0
Purchases	40	166	144	373
Sales	(101)	(72)	(303)	(389)
Issuances	0	0	0	0
Settlements	(8)	(6)	(229)	(100)
Gross Transfers into Level 3	90	113	332	429
Gross Transfers out of Level 3	(35)	(67)	(249)	(142)
Balance, ending	1,209	1,463	1,209	1,463
Change in unrealized gains/(losses) In net income related to financial instruments still held	(12)	(47)	(50)	(124)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	0	0	0
Total AFS debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	523	551	504	439
Total realized and unrealized gains (losses) included in Net Income	2	1	9	6
Gains (losses) in OCI	(6)	(14)	33	(45)
Purchases	0	0	0	126
Sales	0	0	0	(8)
Issuances	0	0	0	0
Settlements	(88)	(13)	(108)	(85)
Gross Transfers into Level 3	4	224	4	385
Gross Transfers out of Level 3	0	(14)	(7)	(83)
Balance, ending	435	735	435	735
Change in unrealized gains/(losses) In net income related to financial instruments still held	0	(3)	1	1
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(6)	(14)	33	(45)
Non-agency residential MBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	288	299	258	316
Total realized and unrealized gains (losses) included in Net Income	(2)	(1)	1	1
Gains (losses) in OCI	(6)	(11)	26	(33)
Purchases	0	0	0	0
Sales	0	0	0	(8)
Issuances	0	0	0	0
Settlements	(2)	(8)	(7)	(71)
Gross Transfers into Level 3	0	0	0	74
Gross Transfers out of Level 3	0	(13)	0	(13)
Balance, ending	278	266	278	266
Change in unrealized gains/(losses) In net income related to financial instruments still held	(2)	(1)	1	1
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(6)	(11)	26	(33)
Non-U.S. and other taxable securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	184	200	195	71
Total realized and unrealized gains (losses) included in Net Income	4	2	8	5
Gains (losses) in OCI	0	(3)	7	(12)
Purchases	0	0	0	126
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	(86)	(5)	(101)	(14)
Gross Transfers into Level 3	4	224	4	311
Gross Transfers out of Level 3	0	(1)	(7)	(70)
Balance, ending	106	417	106	417
Change in unrealized gains/(losses) In net income related to financial instruments still held	2	(2)	0	1
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	(3)	7	(12)
Tax-exempt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	51	52	51	52
Total realized and unrealized gains (losses) included in Net Income	0	0	0	0
Gains (losses) in OCI	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances	0	0	0	0
Settlements	0	0	0	0
Gross Transfers into Level 3	0	0	0	0
Gross Transfers out of Level 3	0	0	0	0
Balance, ending	51	52	51	52
Change in unrealized gains/(losses) In net income related to financial instruments still held	0	0	0	(1)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	0	0	0
Other debt securities carried at fair value – Non-agency residential MBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	88	112	119	242
Total realized and unrealized gains (losses) included in Net Income	(3)	(2)	(4)	(42)
Gains (losses) in OCI	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	(19)	0
Issuances	0	0	0	0
Settlements	(1)	(4)	(5)	(77)
Gross Transfers into Level 3	0	0	0	0
Gross Transfers out of Level 3	(14)	(6)	(21)	(23)
Balance, ending	70	100	70	100
Change in unrealized gains/(losses) In net income related to financial instruments still held	(3)	(2)	(3)	(7)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	0	0	0
Loans and leases
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	147	256	253	748
Total realized and unrealized gains (losses) included in Net Income	11	(1)	0	(42)
Gains (losses) in OCI	0	0	0	0
Purchases	0	0	9	0
Sales	0	0	(50)	(154)
Issuances	0	0	0	0
Settlements	(29)	(58)	(99)	(106)
Gross Transfers into Level 3	0	0	16	0
Gross Transfers out of Level 3	(22)	0	(22)	(249)
Balance, ending	107	197	107	197
Change in unrealized gains/(losses) In net income related to financial instruments still held	11	(2)	(5)	(20)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	0	0	0	0
Loans held-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	188	345	232	317
Total realized and unrealized gains (losses) included in Net Income	(2)	(27)	20	(3)
Gains (losses) in OCI	(2)	(2)	2	3
Purchases	0	0	0	170
Sales	(4)	0	(25)	(6)
Issuances	0	0	0	0
Settlements	(9)	(44)	(58)	(217)
Gross Transfers into Level 3	0	0	0	8
Gross Transfers out of Level 3	0	0	0	0
Balance, ending	171	272	171	272
Change in unrealized gains/(losses) In net income related to financial instruments still held	(4)	(27)	10	(11)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	(2)	(2)	2	3
Other assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning	1,809	1,750	1,799	1,572
Total realized and unrealized gains (losses) included in Net Income	115	70	223	296
Gains (losses) in OCI	(8)	(20)	(1)	(25)
Purchases	168	0	174	0
Sales	(303)	(2)	(302)	(1)
Issuances	27	78	71	163
Settlements	(82)	(68)	(240)	(201)
Gross Transfers into Level 3	0	0	2	4
Gross Transfers out of Level 3	0	(3)	0	(3)
Balance, ending	1,726	1,805	1,726	1,805
Change in unrealized gains/(losses) In net income related to financial instruments still held	83	61	119	152
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Gains (losses) in OCI	$ (8)	$ (20)	$ (1)	$ (25)

Fair Value Measurements - Rec_2

Fair Value Measurements - Recurring Fair Value Inputs (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) $ / security $ / MMBTU	Dec. 31, 2022 USD ($) $ / security $ / MMBTU
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, primarily auction rate securities	$ 9,058	$ 9,594
Long-term debt	(39,443)	(33,070)
Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, primarily auction rate securities	9,058	9,594
MSRs	1,000	1,000
Long-term debt	(39,443)	(33,070)
Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by residential real estate assets	579	852
Instruments backed by commercial real estate assets	377	362
Commercial loans, debt securities and other	3,558	4,348
Other assets, primarily auction rate securities	1,726	1,799
MSRs	1,046	1,020
Long-term debt	(640)	(862)
Net derivative asset (liability)	$ (4,460)	$ (2,893)
Recurring | Level 3 | Yield | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt	0.51
Recurring | Level 3 | Yield | Minimum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0	0
Commercial loans, debt securities and other	0.05	0.05
Recurring | Level 3 | Yield | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets	0	0
Recurring | Level 3 | Yield | Minimum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt		0.22
Recurring | Level 3 | Yield | Maximum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.20	0.25
Commercial loans, debt securities and other	0.51	0.43
Recurring | Level 3 | Yield | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets	0.25	0.25
Recurring | Level 3 | Yield | Maximum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt		0.43
Recurring | Level 3 | Yield | Weighted Average | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.09	0.10
Commercial loans, debt securities and other	0.13	0.15
Recurring | Level 3 | Yield | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets	0.12	0.10
Recurring | Level 3 | Yield | Weighted Average | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt		0.23
Recurring | Level 3 | Prepayment speed | Minimum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0	0
Commercial loans, debt securities and other	0.10	0.10
Recurring | Level 3 | Prepayment speed | Maximum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.41	0.29
Commercial loans, debt securities and other	0.20	0.20
Recurring | Level 3 | Prepayment speed | Weighted Average | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.10	0.12
Commercial loans, debt securities and other	0.16	0.15
Recurring | Level 3 | Default rate | Minimum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0	0
Commercial loans, debt securities and other	0.03	0.03
Recurring | Level 3 | Default rate | Maximum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.03	0.03
Commercial loans, debt securities and other	0.04	0.04
Recurring | Level 3 | Default rate | Weighted Average | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.01	0.01
Commercial loans, debt securities and other	0.04	0.04
Recurring | Level 3 | Price | Minimum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets | $ / security	0	0
Commercial loans, debt securities and other	0	0
Other assets, primarily auction rate securities | $ / security	10	10
Recurring | Level 3 | Price | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets | $ / security	0	0
Recurring | Level 3 | Price | Minimum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / security	0	0
Recurring | Level 3 | Price | Maximum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets | $ / security	115	111
Commercial loans, debt securities and other	157	157
Other assets, primarily auction rate securities | $ / security	95	97
Recurring | Level 3 | Price | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets | $ / security	100	100
Recurring | Level 3 | Price | Maximum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / security	100	119
Recurring | Level 3 | Price | Weighted Average | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets | $ / security	72	26
Commercial loans, debt securities and other | $ / security	73	75
Other assets, primarily auction rate securities | $ / security	85	94
Recurring | Level 3 | Price | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
Instruments backed by commercial real estate assets | $ / security	75	75
Recurring | Level 3 | Price | Weighted Average | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / security	90	90
Recurring | Level 3 | Loss severity | Minimum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0	0
Commercial loans, debt securities and other	0.35	0.35
Recurring | Level 3 | Loss severity | Maximum | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	1	1
Commercial loans, debt securities and other	0.40	0.40
Recurring | Level 3 | Loss severity | Weighted Average | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Instruments backed by residential real estate assets	0.29	0.24
Commercial loans, debt securities and other	0.37	0.38
Recurring | Level 3 | Discount rate | Discounted cash flow, Market comparables
Fair Value Inputs [Abstract]
Other assets, primarily auction rate securities	0.11	0.11
Recurring | Level 3 | Weighted-Average Life, Fixed Rate | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0 years	0 years
Recurring | Level 3 | Weighted-Average Life, Fixed Rate | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	14 years	14 years
Recurring | Level 3 | Weighted-Average Life, Fixed Rate | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	6 years	6 years
Recurring | Level 3 | Weighted-Average Life, Variable Rate | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0 years	0 years
Recurring | Level 3 | Weighted-Average Life, Variable Rate | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	12 years	12 years
Recurring | Level 3 | Weighted-Average Life, Variable Rate | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	3 years	4 years
Recurring | Level 3 | Option-adjusted spread, fixed rate | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.07	0.07
Recurring | Level 3 | Option-adjusted spread, fixed rate | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.14	0.14
Recurring | Level 3 | Option-adjusted spread, fixed rate | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.09	0.09
Recurring | Level 3 | Option-adjusted spread, variable rate | Minimum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.09	0.09
Recurring | Level 3 | Option-adjusted spread, variable rate | Maximum | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.15	0.15
Recurring | Level 3 | Option-adjusted spread, variable rate | Weighted Average | Discounted cash flow
Fair Value Inputs [Abstract]
MSRs	0.12	0.12
Recurring | Level 3 | Equity correlation | Minimum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt	0.01	0
Recurring | Level 3 | Equity correlation | Maximum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt	0.97	0.95
Recurring | Level 3 | Equity correlation | Weighted Average | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt	0.89	0.69
Recurring | Level 3 | Natural gas forward price | Minimum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / MMBTU	2	3
Recurring | Level 3 | Natural gas forward price | Maximum | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / MMBTU	8	13
Recurring | Level 3 | Natural gas forward price | Weighted Average | Discounted cash flow, Market comparables, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Long-term debt | $ / MMBTU	4	9
Recurring | Level 3 | Credit derivatives
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative asset (liability)	$ 9	$ (44)
Recurring | Level 3 | Credit derivatives | Prepayment speed | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.15	0.15
Recurring | Level 3 | Credit derivatives | Default rate | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.02	0.02
Recurring | Level 3 | Credit derivatives | Price | Minimum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / security	0	0
Recurring | Level 3 | Credit derivatives | Price | Maximum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / security	92	151
Recurring | Level 3 | Credit derivatives | Price | Weighted Average | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / security	85	63
Recurring | Level 3 | Credit derivatives | Credit spreads | Minimum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.0003	0.0003
Recurring | Level 3 | Credit derivatives | Credit spreads | Maximum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.0081	0.0063
Recurring | Level 3 | Credit derivatives | Credit spreads | Weighted Average | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.0064	0.0022
Recurring | Level 3 | Credit derivatives | Upfront points | Minimum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)		0
Recurring | Level 3 | Credit derivatives | Upfront points | Maximum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)		0.0100
Recurring | Level 3 | Credit derivatives | Upfront points | Weighted Average | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)		0.0083
Recurring | Level 3 | Credit derivatives | Credit correlation | Minimum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.21	0.18
Recurring | Level 3 | Credit derivatives | Credit correlation | Maximum | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.59	0.53
Recurring | Level 3 | Credit derivatives | Credit correlation | Weighted Average | Discounted cash flow, Stochastic recovery correlation model
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.52	0.44
Recurring | Level 3 | Equity contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative asset (liability)	$ (635)	$ (1,534)
Recurring | Level 3 | Equity contracts | Equity correlation | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0	0
Recurring | Level 3 | Equity contracts | Equity correlation | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.99	1
Recurring | Level 3 | Equity contracts | Equity correlation | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.67	0.73
Recurring | Level 3 | Equity contracts | Long-dated equity volatilities | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.02	0.04
Recurring | Level 3 | Equity contracts | Long-dated equity volatilities | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.94	1.01
Recurring | Level 3 | Equity contracts | Long-dated equity volatilities | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.36	0.44
Recurring | Level 3 | Commodity contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative asset (liability)	$ (545)	$ (291)
Recurring | Level 3 | Commodity contracts | Natural gas forward price | Minimum | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / MMBTU	2	3
Recurring | Level 3 | Commodity contracts | Natural gas forward price | Maximum | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / MMBTU	8	13
Recurring | Level 3 | Commodity contracts | Natural gas forward price | Weighted Average | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities) | $ / MMBTU	4	8
Recurring | Level 3 | Commodity contracts | Power forward price | Minimum | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	20	9
Recurring | Level 3 | Commodity contracts | Power forward price | Maximum | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	92	123
Recurring | Level 3 | Commodity contracts | Power forward price | Weighted Average | Discounted cash flow, Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	42	43
Recurring | Level 3 | Interest rate contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net derivative asset (liability)	$ (3,289)	$ (1,024)
Recurring | Level 3 | Interest rate contracts | Correlation (IR/IR) | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	(0.35)	(0.35)
Recurring | Level 3 | Interest rate contracts | Correlation (IR/IR) | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.89	0.89
Recurring | Level 3 | Interest rate contracts | Correlation (IR/IR) | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.66	0.67
Recurring | Level 3 | Interest rate contracts | Correlation (FX/IR) | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.11	0.11
Recurring | Level 3 | Interest rate contracts | Correlation (FX/IR) | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.58	0.58
Recurring | Level 3 | Interest rate contracts | Correlation (FX/IR) | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.37	0.43
Recurring | Level 3 | Interest rate contracts | Long-dated inflation rates | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	(0.01)	0
Recurring | Level 3 | Interest rate contracts | Long-dated inflation rates | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.12	0.39
Recurring | Level 3 | Interest rate contracts | Long-dated inflation rates | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0	0.01
Recurring | Level 3 | Interest rate contracts | Long-dated inflation volatilities | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0	0
Recurring | Level 3 | Interest rate contracts | Long-dated inflation volatilities | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.05	0.05
Recurring | Level 3 | Interest rate contracts | Long-dated inflation volatilities | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.01	0.02
Recurring | Level 3 | Interest rate contracts | Interest rate volatilities | Minimum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0	0
Recurring | Level 3 | Interest rate contracts | Interest rate volatilities | Maximum | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.02	0.02
Recurring | Level 3 | Interest rate contracts | Interest rate volatilities | Weighted Average | Industry standard derivative pricing
Fair Value Inputs [Abstract]
Net derivative assets (liabilities)	0.01	0.01
Recurring | Level 3 | Mortgage trading loans, MBS and ABS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by residential real estate assets	$ 129	$ 338
Instruments backed by commercial real estate assets	83	66
Commercial loans, debt securities and other	997	1,148
Fair Value Inputs [Abstract]
Loans and securities, fair value	1,200	1,600
Recurring | Level 3 | Loans and leases
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by residential real estate assets	102	137
Commercial loans, debt securities and other	5	116
Fair Value Inputs [Abstract]
Loans and securities, fair value	107	253
Recurring | Level 3 | AFS securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by residential real estate assets	278	258
Fair Value Inputs [Abstract]
Loans and securities, fair value	435	504
Recurring | Level 3 | Other debt securities carried at fair value – Non-agency residential
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by residential real estate assets	70	119
Fair Value Inputs [Abstract]
Loans and securities, fair value	70	119
Recurring | Level 3 | Corporate securities, trading loans and other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by commercial real estate assets	294	292
Commercial loans, debt securities and other	1,862	2,092
Fair Value Inputs [Abstract]
Loans and securities, fair value	2,200	2,400
Recurring | Level 3 | Non-U.S. and other taxable securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Commercial loans, debt securities and other	106	195
Recurring | Level 3 | Loans held-for-sale
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Instruments backed by commercial real estate assets		4
Commercial loans, debt securities and other	171	228
Fair Value Inputs [Abstract]
Loans and securities, fair value	171	232
Recurring | Level 3 | Non-U.S. sovereign debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Commercial loans, debt securities and other	366	518
Fair Value Inputs [Abstract]
Loans and securities, fair value	366	518
Recurring | Level 3 | Tax-exempt securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Commercial loans, debt securities and other	51	51
Recurring | Level 3 | Other assets, primarily auction rate securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, primarily auction rate securities	680	779
Recurring | Level 3 | Other Assets
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, primarily auction rate securities	$ 1,700	$ 1,800

Fair Value Measurements - Nonre

Fair Value Measurements - Nonrecurring Fair Value (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	$ 1,607		$ 1,607		$ 1,115
Loans and leases	4,250		4,250		5,771
Other assets	9,058		9,058		$ 9,594
Nonrecurring
Gains (Losses)
Loans held-for-sale	(28)	$ 119	(95)	$ 87
Loans and leases	(15)	(13)	(36)	(44)
Foreclosed properties	1	(2)	(2)	(3)
Other assets	(182)	0	(189)	(40)
Loss on loans and leases written down to zero	4	6	8	17
Nonrecurring | Government Guaranteed Mortgage Loans upon Foreclosure Receivable
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Foreclosed properties	33	75	33	75
Nonrecurring | Level 2
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	276	1,752	276	1,752
Loans and leases	0	0	0	0
Foreclosed properties	0	0	0	0
Other assets	31	80	31	80
Nonrecurring | Level 3
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	3,066	398	3,066	398
Loans and leases	129	152	129	152
Foreclosed properties	44	6	44	6
Other assets	$ 905	$ 48	$ 905	$ 48

Fair Value Measurements - Non_2

Fair Value Measurements - Nonrecurring Fair Value Inputs (Details) $ in Millions	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held for sale, measured at fair value	$ 1,607	$ 1,115
Loans and leases, measured at fair value	4,250	5,771
Other assets, measured at fair value	9,058	9,594
Nonrecurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held for sale, measured at fair value	3,066		$ 398
Loans and leases, measured at fair value	129		152
Other assets, measured at fair value	905		$ 48
Nonrecurring | Level 3 | Pricing model
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held for sale, measured at fair value	3,066	3,079
Nonrecurring | Level 3 | Market comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measured at fair value	129	166
Nonrecurring | Level 3 | Discounted cash flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measured at fair value	$ 905	$ 165
Implied yield | Nonrecurring | Level 3 | Pricing model | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held-for-sale, measurement input	0.12	0.09
Implied yield | Nonrecurring | Level 3 | Pricing model | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held-for-sale, measurement input	0.26	0.24
OREO discount | Nonrecurring | Level 3 | Market comparables | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.10	0.10
OREO discount | Nonrecurring | Level 3 | Market comparables | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.66	0.66
OREO discount | Nonrecurring | Level 3 | Market comparables | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.26	0.26
Costs to sell | Nonrecurring | Level 3 | Market comparables | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.08	0.08
Costs to sell | Nonrecurring | Level 3 | Market comparables | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.24	0.24
Costs to sell | Nonrecurring | Level 3 | Market comparables | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans and leases, measurement input	0.09	0.09
Discount rate | Nonrecurring | Level 3 | Discounted cash flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.07	0.07

Fair Value Option - Elections (

Fair Value Option - Elections (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Federal funds sold and securities borrowed or purchased under agreements to resell
Fair Value Carrying Amount
Assets	$ 170,332	$ 146,999
Contractual Principal Outstanding
Assets	170,323	147,158
Fair Value Carrying Amount Less Unpaid Principal
Assets	9	(159)
Loans reported as trading account assets
Fair Value Carrying Amount
Assets	8,562	10,143
Contractual Principal Outstanding
Assets	15,975	17,682
Fair Value Carrying Amount Less Unpaid Principal
Assets	(7,413)	(7,539)
Trading inventory – other
Fair Value Carrying Amount
Assets	22,967	20,770
Consumer and commercial loans
Fair Value Carrying Amount
Assets	4,250	5,771
Contractual Principal Outstanding
Assets	4,317	5,897
Fair Value Carrying Amount Less Unpaid Principal
Assets	(67)	(126)
Loans held-for-sale
Fair Value Carrying Amount
Assets	1,607	1,115
Contractual Principal Outstanding
Assets	2,365	1,873
Fair Value Carrying Amount Less Unpaid Principal
Assets	(758)	(758)
Other assets
Fair Value Carrying Amount
Assets	1,271	620
Long-term deposits
Fair Value Carrying Amount
Liabilities	404	311
Contractual Principal Outstanding
Liabilities	488	381
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(84)	(70)
Federal funds purchased and securities loaned or sold under agreements to repurchase
Fair Value Carrying Amount
Liabilities	209,837	151,708
Contractual Principal Outstanding
Liabilities	209,914	151,885
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(77)	(177)
Short-term borrowings
Fair Value Carrying Amount
Liabilities	4,046	832
Contractual Principal Outstanding
Liabilities	4,065	833
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(19)	(1)
Unfunded loan commitments
Fair Value Carrying Amount
Liabilities	62	110
Accrued expenses and other liabilities
Fair Value Carrying Amount
Liabilities	1,645	1,217
Contractual Principal Outstanding
Liabilities	1,894	1,161
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	(249)	56
Long-term debt
Fair Value Carrying Amount
Liabilities	39,443	33,070
Contractual Principal Outstanding
Liabilities	45,504	36,830
Fair Value Carrying Amount Less Unpaid Principal
Liabilities	$ (6,061)	$ (3,760)

Fair Value Option - Gains (Loss

Fair Value Option - Gains (Losses) Related to Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	$ 183	$ (615)	$ 2,795	$ 697
Loans reported as trading account assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	58	(62)	208	(211)
Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option	19	(123)	55	(434)
Trading inventory – other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(900)	(2,141)	2,065	(4,269)
Consumer and commercial loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(35)	9	(133)	(139)
Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option	5	19	41	(72)
Loans held-for-sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(38)	(86)	(22)	(308)
Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option	(17)	(3)	(17)	(14)
Short-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(1)	81	10	643
Unfunded loan commitments
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	6	27	26	(61)
Gains (Losses) Related to Borrower-specific Credit Risk for Assets and Liabilities Accounted for Under the Fair Value Option	7	27	27	(61)
Accrued expenses and other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	197	0	246	0
Long-term debt
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	859	1,546	334	5,013
Other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	37	11	61	29
Market making and similar activities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	204	(564)	2,773	1,132
Market making and similar activities | Loans reported as trading account assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	58	(62)	208	(211)
Market making and similar activities | Trading inventory – other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(900)	(2,141)	2,065	(4,269)
Market making and similar activities | Consumer and commercial loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(50)	(16)	(189)	(86)
Market making and similar activities | Loans held-for-sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	0	0	0	0
Market making and similar activities | Short-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(1)	81	10	643
Market making and similar activities | Unfunded loan commitments
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(1)	0	(1)	0
Market making and similar activities | Accrued expenses and other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	197	0	246	0
Market making and similar activities | Long-term debt
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	863	1,562	361	5,049
Market making and similar activities | Other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	38	12	73	6
Other Income
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(21)	(51)	22	(435)
Other Income | Loans reported as trading account assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	0	0	0	0
Other Income | Trading inventory – other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	0	0	0	0
Other Income | Consumer and commercial loans
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	15	25	56	(53)
Other Income | Loans held-for-sale
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(38)	(86)	(22)	(308)
Other Income | Short-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	0	0	0	0
Other Income | Unfunded loan commitments
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	7	27	27	(61)
Other Income | Accrued expenses and other liabilities
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	0	0	0	0
Other Income | Long-term debt
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	(4)	(16)	(27)	(36)
Other Income | Other
Fair Value, Option, Quantitative Disclosures [Line Items]
Gains (Losses) Related to Assets and Liabilities Accounted for Under the Fair Value Option	$ (1)	$ (1)	$ (12)	$ 23

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Financial assets
Loans held-for-sale	$ 1,607,000,000	$ 1,115,000,000
Financial liabilities
Long-term debt	39,443,000,000	33,070,000,000
Demand deposits	887,700,000,000	918,900,000,000
Stated maturities	0	0
Carrying Value
Financial assets
Loans	1,016,900,000,000	1,014,593,000,000
Loans held-for-sale	7,591,000,000	6,871,000,000
Financial liabilities
Deposits	1,884,601,000,000	1,930,341,000,000
Long-term debt	290,359,000,000	275,982,000,000
Commercial unfunded lending commitments	1,416,000,000	1,650,000,000
Estimate of Fair Value Measurement
Financial assets
Loans	986,262,000,000	985,476,000,000
Loans held-for-sale	7,592,000,000	6,872,000,000
Financial liabilities
Deposits	1,885,172,000,000	1,930,165,000,000
Long-term debt	288,897,000,000	273,129,000,000
Commercial unfunded lending commitments	3,909,000,000	6,673,000,000
Estimate of Fair Value Measurement | Level 2
Financial assets
Loans	49,012,000,000	50,194,000,000
Loans held-for-sale	4,096,000,000	3,417,000,000
Financial liabilities
Deposits	1,885,172,000,000	1,930,165,000,000
Long-term debt	287,949,000,000	271,993,000,000
Commercial unfunded lending commitments	57,000,000	77,000,000
Estimate of Fair Value Measurement | Level 3
Financial assets
Loans	937,250,000,000	935,282,000,000
Loans held-for-sale	3,496,000,000	3,455,000,000
Financial liabilities
Deposits	0	0
Long-term debt	948,000,000	1,136,000,000
Commercial unfunded lending commitments	$ 3,852,000,000	$ 6,596,000,000

Business Segment Information -

Business Segment Information - Narrative (Details)	9 Months Ended
	Sep. 30, 2023 business_segment
Segment Reporting [Abstract]
Number of operating segments	4

Business Segment Information _2

Business Segment Information - Results of Business Segments and All Other (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net interest income	$ 14,532	$ 13,871	$ 43,407	$ 38,096
Noninterest income	10,788	10,737	33,637	32,637
Total revenue, net of interest expense	25,320	24,608	77,044	70,733
Provision for credit losses	1,234	898	3,290	1,451
Noninterest expense	15,838	15,303	48,114	45,895
Income before income taxes	8,248	8,407	25,640	23,387
Income tax expense	446	1,325	2,269	2,991
Net income	7,802	7,082	23,371	20,396
Period-end total assets	3,153,090	3,072,953	3,153,090	3,072,953	$ 3,051,375
Operating Segments
Segment Reporting Information [Line Items]
Total revenue, net of interest expense	26,938	25,407	81,887	74,259
Net income	7,713	7,363	23,571	21,359
Period-end total assets	2,849,187	2,944,902	2,849,187	2,944,902
Operating Segments | Consumer Banking
Segment Reporting Information [Line Items]
Net interest income	8,391	7,784	25,421	21,551
Noninterest income	2,081	2,120	6,281	6,302
Total revenue, net of interest expense	10,472	9,904	31,702	27,853
Provision for credit losses	1,397	738	3,753	1,036
Noninterest expense	5,256	5,097	16,182	14,977
Income before income taxes	3,819	4,069	11,767	11,840
Income tax expense	955	997	2,942	2,901
Net income	2,864	3,072	8,825	8,939
Period-end total assets	1,062,038	1,149,918	1,062,038	1,149,918
Operating Segments | Global Wealth & Investment Management
Segment Reporting Information [Line Items]
Net interest income	1,755	1,981	5,436	5,451
Noninterest income	3,566	3,448	10,442	10,887
Total revenue, net of interest expense	5,321	5,429	15,878	16,338
Provision for credit losses	(6)	37	32	29
Noninterest expense	3,950	3,816	11,942	11,706
Income before income taxes	1,377	1,576	3,904	4,603
Income tax expense	344	386	976	1,128
Net income	1,033	1,190	2,928	3,475
Period-end total assets	333,779	370,790	333,779	370,790
Operating Segments | Global Banking
Segment Reporting Information [Line Items]
Net interest income	3,613	3,326	11,210	8,304
Noninterest income	2,590	2,265	7,658	7,487
Total revenue, net of interest expense	6,203	5,591	18,868	15,791
Provision for credit losses	(119)	170	(347)	492
Noninterest expense	2,804	2,651	8,563	8,133
Income before income taxes	3,518	2,770	10,652	7,166
Income tax expense	950	734	2,876	1,899
Net income	2,568	2,036	7,776	5,267
Period-end total assets	588,578	575,442	588,578	575,442
Operating Segments | Global Markets
Segment Reporting Information [Line Items]
Net interest income	674	743	1,080	2,717
Noninterest income	4,268	3,740	14,359	11,560
Total revenue, net of interest expense	4,942	4,483	15,439	14,277
Provision for credit losses	(14)	11	(71)	24
Noninterest expense	3,235	3,023	9,935	9,249
Income before income taxes	1,721	1,449	5,575	5,004
Income tax expense	473	384	1,533	1,326
Net income	1,248	1,065	4,042	3,678
Period-end total assets	864,792	848,752	864,792	848,752
All Other
Segment Reporting Information [Line Items]
Net interest income	99	37	260	73
Noninterest income	(1,717)	(836)	(5,103)	(3,599)
Total revenue, net of interest expense	(1,618)	(799)	(4,843)	(3,526)
Provision for credit losses	(24)	(58)	(77)	(130)
Noninterest expense	593	716	1,492	1,830
Income before income taxes	(2,187)	(1,457)	(6,258)	(5,226)
Income tax expense	(2,276)	(1,176)	(6,058)	(4,263)
Net income	89	(281)	(200)	(963)
Period-end total assets	$ 303,903	$ 128,051	$ 303,903	$ 128,051

Business Segment Information _3

Business Segment Information - Noninterest Income by Business Segment and All Other (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Total fees and commissions	$ 8,135	$ 8,001	$ 23,990	$ 25,477
Market making and similar activities	3,325	3,068	11,734	9,023
Other income (loss)	(672)	(332)	(2,087)	(1,863)
Total noninterest income	10,788	10,737	33,637	32,637
Card income
Segment Reporting Information [Line Items]
Card income and service charges	1,520	1,573	4,535	4,531
Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	994	1,060	2,973	3,067
Other card income
Segment Reporting Information [Line Items]
Card income and service charges	526	513	1,562	1,464
Service charges
Segment Reporting Information [Line Items]
Card income and service charges	1,464	1,466	4,238	5,016
Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	1,124	1,162	3,266	4,109
Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	340	304	972	907
Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	3,963	3,795	11,654	12,178
Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	3,103	2,920	8,990	9,308
Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	860	875	2,664	2,870
Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	1,188	1,167	3,563	3,752
Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	531	452	1,757	1,559
Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	209	283	620	896
Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	448	432	1,186	1,297
Operating Segments | Consumer Banking
Segment Reporting Information [Line Items]
Total fees and commissions	2,010	2,001	5,899	6,188
Market making and similar activities	5	3	15	5
Other income (loss)	66	116	367	109
Total noninterest income	2,081	2,120	6,281	6,302
Operating Segments | Consumer Banking | Card income
Segment Reporting Information [Line Items]
Card income and service charges	1,325	1,331	3,940	3,836
Operating Segments | Consumer Banking | Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	789	834	2,350	2,430
Operating Segments | Consumer Banking | Other card income
Segment Reporting Information [Line Items]
Card income and service charges	536	497	1,590	1,406
Operating Segments | Consumer Banking | Service charges
Segment Reporting Information [Line Items]
Card income and service charges	605	597	1,729	2,120
Operating Segments | Consumer Banking | Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	605	597	1,729	2,120
Operating Segments | Consumer Banking | Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	0	0	0	0
Operating Segments | Consumer Banking | Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	80	73	230	232
Operating Segments | Consumer Banking | Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	51	47	147	149
Operating Segments | Consumer Banking | Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	29	26	83	83
Operating Segments | Consumer Banking | Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Consumer Banking | Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Consumer Banking | Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Consumer Banking | Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Global Wealth & Investment Management
Segment Reporting Information [Line Items]
Total fees and commissions	3,470	3,336	10,099	10,656
Market making and similar activities	34	30	100	66
Other income (loss)	62	82	243	165
Total noninterest income	3,566	3,448	10,442	10,887
Operating Segments | Global Wealth & Investment Management | Card income
Segment Reporting Information [Line Items]
Card income and service charges	9	16	33	51
Operating Segments | Global Wealth & Investment Management | Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	(5)	4	(8)	15
Operating Segments | Global Wealth & Investment Management | Other card income
Segment Reporting Information [Line Items]
Card income and service charges	14	12	41	36
Operating Segments | Global Wealth & Investment Management | Service charges
Segment Reporting Information [Line Items]
Card income and service charges	20	18	57	56
Operating Segments | Global Wealth & Investment Management | Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	10	18	31	56
Operating Segments | Global Wealth & Investment Management | Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	10	0	26	0
Operating Segments | Global Wealth & Investment Management | Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	3,396	3,255	9,885	10,395
Operating Segments | Global Wealth & Investment Management | Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	3,054	2,874	8,848	9,164
Operating Segments | Global Wealth & Investment Management | Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	342	381	1,037	1,231
Operating Segments | Global Wealth & Investment Management | Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	45	47	124	154
Operating Segments | Global Wealth & Investment Management | Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	45	47	124	154
Operating Segments | Global Wealth & Investment Management | Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Global Wealth & Investment Management | Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
Operating Segments | Global Banking
Segment Reporting Information [Line Items]
Total fees and commissions	1,708	1,714	4,956	5,502
Market making and similar activities	21	52	135	181
Other income (loss)	861	499	2,567	1,804
Total noninterest income	2,590	2,265	7,658	7,487
Operating Segments | Global Banking | Card income
Segment Reporting Information [Line Items]
Card income and service charges	197	206	587	578
Operating Segments | Global Banking | Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	194	204	580	573
Operating Segments | Global Banking | Other card income
Segment Reporting Information [Line Items]
Card income and service charges	3	2	7	5
Operating Segments | Global Banking | Service charges
Segment Reporting Information [Line Items]
Card income and service charges	754	771	2,203	2,590
Operating Segments | Global Banking | Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	490	524	1,446	1,849
Operating Segments | Global Banking | Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	264	247	757	741
Operating Segments | Global Banking | Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	14	11	37	36
Operating Segments | Global Banking | Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	0	0	0	0
Operating Segments | Global Banking | Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	14	11	37	36
Operating Segments | Global Banking | Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	743	726	2,129	2,298
Operating Segments | Global Banking | Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	230	181	742	635
Operating Segments | Global Banking | Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	117	148	345	466
Operating Segments | Global Banking | Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	396	397	1,042	1,197
Operating Segments | Global Markets
Segment Reporting Information [Line Items]
Total fees and commissions	1,039	986	3,241	3,288
Market making and similar activities	3,195	2,874	11,002	8,721
Other income (loss)	34	(120)	116	(449)
Total noninterest income	4,268	3,740	14,359	11,560
Operating Segments | Global Markets | Card income
Segment Reporting Information [Line Items]
Card income and service charges	16	18	51	49
Operating Segments | Global Markets | Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	16	18	51	49
Operating Segments | Global Markets | Other card income
Segment Reporting Information [Line Items]
Card income and service charges	0	0	0	0
Operating Segments | Global Markets | Service charges
Segment Reporting Information [Line Items]
Card income and service charges	85	81	248	246
Operating Segments | Global Markets | Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	19	24	59	80
Operating Segments | Global Markets | Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	66	57	189	166
Operating Segments | Global Markets | Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	475	457	1,507	1,520
Operating Segments | Global Markets | Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	0	0	0	0
Operating Segments | Global Markets | Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	475	457	1,507	1,520
Operating Segments | Global Markets | Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	463	430	1,435	1,473
Operating Segments | Global Markets | Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	318	260	1,016	944
Operating Segments | Global Markets | Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	92	135	275	430
Operating Segments | Global Markets | Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	53	35	144	99
All Other
Segment Reporting Information [Line Items]
Total fees and commissions	(92)	(36)	(205)	(157)
Market making and similar activities	70	109	482	50
Other income (loss)	(1,695)	(909)	(5,380)	(3,492)
Total noninterest income	(1,717)	(836)	(5,103)	(3,599)
All Other | Card income
Segment Reporting Information [Line Items]
Card income and service charges	(27)	2	(76)	17
All Other | Interchange fees
Segment Reporting Information [Line Items]
Card income and service charges	0	0	0	0
All Other | Other card income
Segment Reporting Information [Line Items]
Card income and service charges	(27)	2	(76)	17
All Other | Service charges
Segment Reporting Information [Line Items]
Card income and service charges	0	(1)	1	4
All Other | Deposit-related fees
Segment Reporting Information [Line Items]
Card income and service charges	0	(1)	1	4
All Other | Lending-related fees
Segment Reporting Information [Line Items]
Card income and service charges	0	0	0	0
All Other | Investment and brokerage services
Segment Reporting Information [Line Items]
Investment and brokerage services	(2)	(1)	(5)	(5)
All Other | Asset management fees
Segment Reporting Information [Line Items]
Investment and brokerage services	(2)	(1)	(5)	(5)
All Other | Brokerage fees
Segment Reporting Information [Line Items]
Investment and brokerage services	0	0	0	0
All Other | Total investment banking fees
Segment Reporting Information [Line Items]
Investment banking fees	(63)	(36)	(125)	(173)
All Other | Underwriting income
Segment Reporting Information [Line Items]
Investment banking fees	(62)	(36)	(125)	(174)
All Other | Syndication fees
Segment Reporting Information [Line Items]
Investment banking fees	0	0	0	0
All Other | Financial advisory services
Segment Reporting Information [Line Items]
Investment banking fees	$ (1)	$ 0	$ 0	$ 1

Business Segment Information _4

Business Segment Information - Business Segment Reconciliations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Segments’ total revenue, net of interest expense	$ 25,320	$ 24,608	$ 77,044	$ 70,733
Total revenue, net of interest expense	25,167	24,502	76,622	70,418
Net income	7,802	7,082	23,371	20,396
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Segments’ total revenue, net of interest expense	26,938	25,407	81,887	74,259
Net income	7,713	7,363	23,571	21,359
Asset and liability management activities
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, net of interest expense	28	(13)	(404)	(146)
Net income	16	(24)	(309)	(106)
Liquidating businesses, eliminations and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, net of interest expense	(1,646)	(786)	(4,439)	(3,380)
Net income	73	(257)	109	(857)
FTE basis adjustment
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, net of interest expense	$ (153)	$ (106)	$ (422)	$ (315)

Business Segment Information _5

Business Segment Information - Segments' Total Assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Segments’ total assets
Total assets	$ 3,153,090	$ 3,051,375	$ 3,072,953
Operating Segments
Segments’ total assets
Total assets	2,849,187		2,944,902
Asset and liability management activities
Segments’ total assets
Total assets	1,185,910		1,129,824
Other
Segments’ total assets
Total assets	63,708		63,284
Elimination of segment asset allocations to match liabilities
Segments’ total assets
Total assets	$ (945,715)		$ (1,065,057)