Morgan Stanley (MS) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Entity File Number	1-11758
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1585 Broadway
Entity Address, City or Town	New York,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10036
Entity Tax Identification Number	36-3145972
City Area Code	(212)
Local Phone Number	761-4000
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		1,749,284,059
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000895421
Current Fiscal Year End Date	--12-31
Entity Registrant Name	MORGAN STANLEY
Document Quarterly Report	true
Document Transition Report	false
Common Stock, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	MS
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series A, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series A, $0.01 par value
Trading Symbol	MS/PA
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series E, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series E, $0.01 par value
Trading Symbol	MS/PE
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series F, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series F, $0.01 par value
Trading Symbol	MS/PF
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series I, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series I, $0.01 par value
Trading Symbol	MS/PI
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series K, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series K, $0.01 par value
Trading Symbol	MS/PK
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series L, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series L, $0.01 par value
Trading Symbol	MS/PL
Security Exchange Name	NYSE
Series O
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series O, $0.01 par value
Trading Symbol	MS/PO
Security Exchange Name	NYSE
Global Medium-Term Notes, Series A, Fixed Rate Step-Up Senior Notes Due 2026
Document Information [Line Items]
Title of 12(b) Security	Global Medium-Term Notes, Series A, Fixed Rate Step-Up Senior Notes Due 2026
Trading Symbol	MS/26C
Security Exchange Name	NYSE

Consolidated Income Statement

Consolidated Income Statement - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues
Investment banking	$ 1,758	$ 2,840
Trading	3,983	4,225
Investments	75	318
Commissions and fees	1,416	1,626
Asset management	5,119	4,398
Other	234	284
Total non-interest revenues	12,585	13,691
Interest income	2,650	2,437
Interest expense	434	409
Net interest	2,216	2,028
Net revenues	14,801	15,719
Provision for credit losses	57	(98)
Non-interest expenses
Compensation and benefits	6,274	6,798
Brokerage, clearing and exchange fees	882	910
Information processing and communications	829	733
Professional services	705	624
Occupancy and equipment	427	405
Marketing and business development	175	146
Other	864	857
Total non-interest expenses	10,156	10,473
Income before provision for income taxes	4,588	5,344
Provision for income taxes	873	1,176
Net income	3,715	4,168
Net income applicable to noncontrolling interests	49	48
Net income applicable to Morgan Stanley	3,666	4,120
Preferred stock dividends	124	138
Earnings applicable to Morgan Stanley common shareholders	$ 3,542	$ 3,982
Earnings per common share
Basic (USD per share)	$ 2.04	$ 2.22
Diluted (USD per share)	$ 2.02	$ 2.19
Average common shares outstanding
Basic (shares)	1,733	1,795
Diluted (shares)	1,755	1,818

Consolidated Comprehensive Inco

Consolidated Comprehensive Income Statement - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 3,715	$ 4,168
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(105)	(219)
Change in net unrealized gains (losses) on available-for-sale securities	(2,395)	(776)
Pension and other	5	5
Change in net debt valuation adjustment	660	137
Total other comprehensive income (loss)	(1,835)	(853)
Comprehensive income	1,880	3,315
Net income applicable to noncontrolling interests	49	48
Other comprehensive income (loss) applicable to noncontrolling interests	(35)	(61)
Comprehensive income applicable to Morgan Stanley	$ 1,866	$ 3,328

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 136,086	$ 127,725
Trading assets at fair value ($107,196 and $104,186 were pledged to various parties)	296,881	294,869
Investment securities (includes $90,354 and $102,830 at fair value)	170,793	182,998
Securities purchased under agreements to resell (includes $2 and $7 at fair value)	127,767	119,999
Securities borrowed	150,995	129,713
Customer and other receivables	94,804	96,018
Loans:
Held for investment (net of allowance for credit losses of $679 and $654)	182,247	174,302
Held for sale	14,013	13,832
Goodwill	16,825	16,833
Intangible assets (net of accumulated amortization of $3,972 and $3,819)	8,244	8,360
Other assets	23,578	23,491
Total assets	1,222,233	1,188,140
Liabilities
Deposits (includes $2,013 and $1,940 at fair value)	360,840	347,574
Trading liabilities at fair value	176,580	158,328
Securities sold under agreements to repurchase (includes $964 and $791 at fair value)	60,068	62,188
Securities loaned	14,222	12,299
Other secured financings (includes $4,751 and $5,133 at fair value)	8,808	10,041
Customer and other payables	243,609	228,685
Other liabilities and accrued expenses	24,214	29,300
Borrowings (includes $75,963 and $76,340 at fair value)	229,817	233,127
Total liabilities	1,118,158	1,081,542
Commitments and contingent liabilities (see Note 13)
Equity
Preferred stock	7,750	7,750
Common stock	20	20
Additional paid-in capital	28,007	28,841
Retained earnings	91,722	89,432
Employee stock trusts	4,975	3,955
Accumulated other comprehensive income (loss)	(4,902)	(3,102)
Common stock held in treasury at cost, $0.01 par value (282,740,605 and 266,667,449 shares)	(19,696)	(17,500)
Common stock issued to employee stock trusts	(4,975)	(3,955)
Total Morgan Stanley shareholders’ equity	102,901	105,441
Noncontrolling interests	1,174	1,157
Total equity	104,075	106,598
Total liabilities and equity	$ 1,222,233	$ 1,188,140

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets
Trading assets pledged to various parties	$ 107,196	$ 104,186
Investment securities - AFS at fair value	90,354	102,830
Fair value of securities purchased under agreement to resell	2	7
ACL	679	654
Intangible assets, accumulated amortization	3,972	3,819
Liabilities
Deposits at fair value	2,013	1,940
Fair value of securities sold under agreement to repurchase	964	791
Fair value of other secured financings	4,751	5,133
Fair value of borrowings	$ 75,963	$ 76,340
Equity
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock authorized (shares)	3,500,000,000	3,500,000,000
Common stock issued (shares)	2,038,893,979	2,038,893,979
Common stock outstanding (shares)	1,756,153,374	1,772,226,530
Common stock held in treasury (shares)	282,740,605	266,667,449

Consolidated Statement of Chang

Consolidated Statement of Changes in Total Equity - USD ($) $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings		Employee Stock Trusts	Accumulated Other Comprehensive Income (Loss)	Common Stock Held in Treasury at Cost	Common Stock Issued to Employee Stock Trusts	Noncontrolling Interests
Beginning balance at Dec. 31, 2020		$ 9,250	$ 20	$ 25,546	$ 78,694		$ 3,043	$ (1,962)	$ (9,767)	$ (3,043)	$ 1,368
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemption of preferred stock		(1,500)
Share-based award activity				(332)			818		1,020	(818)
Issuance of common stock for the acquisition of Eaton Vance				2,185					3,132
Other net increases (decreases)				7	(7)						(26)
Net income applicable to Morgan Stanley	$ 4,120				4,120
Preferred stock dividends	(138)				(138)	[1]
Common stock dividends	(635)				(635)	[1]
Net change in Accumulated other comprehensive income (loss)	(853)							(792)			(61)
Repurchases of common stock and employee tax withholdings									(2,582)
Net income applicable to noncontrolling interests	48										48
Ending balance at Mar. 31, 2021	107,588	7,750	20	27,406	82,034		3,861	(2,754)	(8,197)	(3,861)	1,329
Beginning balance at Dec. 31, 2021	106,598	7,750	20	28,841	89,432		3,955	(3,102)	(17,500)	(3,955)	1,157
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemption of preferred stock		0
Share-based award activity				(834)			1,020		1,485	(1,020)
Issuance of common stock for the acquisition of Eaton Vance				0					0
Other net increases (decreases)				0	0						3
Net income applicable to Morgan Stanley	3,666				3,666
Preferred stock dividends	(124)				(124)	[1]
Common stock dividends	(1,252)				(1,252)	[1]
Net change in Accumulated other comprehensive income (loss)	(1,835)							(1,800)			(35)
Repurchases of common stock and employee tax withholdings									(3,681)
Net income applicable to noncontrolling interests	49										49
Ending balance at Mar. 31, 2022	$ 104,075	$ 7,750	$ 20	$ 28,007	$ 91,722		$ 4,975	$ (4,902)	$ (19,696)	$ (4,975)	$ 1,174
[1]	See Note 16 for information regarding dividends per share for each class of stock.

Consolidated Cash Flow Statemen

Consolidated Cash Flow Statement - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net income	$ 3,715	$ 4,168
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Stock-based compensation expense	431	518
Depreciation and amortization	942	887
Provision for credit losses	57	(98)
Other operating adjustments	51	(95)
Changes in assets and liabilities:
Trading assets, net of Trading liabilities	5,069	20,463
Securities borrowed	(21,282)	10,242
Securities loaned	1,923	695
Customer and other receivables and other assets	1,227	(18,721)
Customer and other payables and other liabilities	17,994	3,270
Securities purchased under agreements to resell	(7,768)	1,513
Securities sold under agreements to repurchase	(2,120)	4,037
Net cash provided by (used for) operating activities	239	26,879
Proceeds from (payments for):
Other assets—Premises, equipment and software, net	(652)	(525)
Changes in loans, net	(7,479)	(6,474)
Investment securities:
Purchases	(17,459)	(32,333)
Proceeds from sales	18,469	6,825
Proceeds from paydowns and maturities	7,403	12,638
Cash paid as part of the Eaton Vance acquisition, net of cash acquired	0	(2,648)
Other investing activities	(124)	(44)
Net cash provided by (used for) investing activities	158	(22,561)
Net proceeds from (payments for):
Other secured financings	(636)	(3,798)
Deposits	5,834	12,391
Proceeds from issuance of Borrowings	20,284	24,112
Payments for:
Borrowings	(11,094)	(19,774)
Repurchases of common stock and employee tax withholdings	(3,681)	(2,582)
Cash dividends	(1,314)	(755)
Other financing activities	(102)	(30)
Net cash provided by (used for) financing activities	9,291	9,564
Effect of exchange rate changes on cash and cash equivalents	(1,327)	(1,418)
Net increase (decrease) in cash and cash equivalents	8,361	12,464
Cash and cash equivalents, at beginning of period	127,725	105,654
Cash and cash equivalents, at end of period	136,086	118,118
Supplemental Disclosure of Cash Flow Information
Cash payments for interest	623	586
Cash payments for income taxes, net of refunds	$ 383	$ 339

Introduction and Basis of Prese

Introduction and Basis of Presentation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Introduction and Basis of Presentation	Introduction and Basis of Presentation The Firm Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments—Institutional Securities, Wealth Management and Investment Management. Morgan Stanley, through its subsidiaries and affiliates, provides a wide variety of products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions and individuals. Unless the context otherwise requires, the terms “Morgan Stanley” or the “Firm” mean Morgan Stanley (the “Parent Company”) together with its consolidated subsidiaries. Disclosures reflect the effects of the acquisition of Eaton Vance Corp. (“Eaton Vance”) prospectively from the March 1, 2021 acquisition date. See Note 3 to the financial statements in the 2021 Form 10-K for further information. See the “Glossary of Common Terms and Acronyms” for the definition of certain terms and acronyms used throughout this Form 10-Q. A description of the clients and principal products and services of each of the Firm’s business segments is as follows: Institutional Securities provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients. Investment Banking services consist of capital raising and financial advisory services, including the underwriting of debt, equity and other securities, as well as advice on mergers and acquisitions, restructurings and project finance. Our Equity and Fixed Income businesses include sales, financing, prime brokerage, market-making, Asia wealth management services and certain business-related investments. Lending activities include originating corporate loans and commercial real estate loans, providing secured lending facilities, and extending securities-based and other financing to customers. Other activities include research. Wealth Management provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering: financial advisor-led brokerage and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services. Investment Management provides a broad range of investment strategies and products that span geographies, asset classes, and public and private markets to a diverse group of clients across institutional and intermediary channels. Strategies and products, which are offered through a variety of investment vehicles, include equity, fixed income, alternatives and solutions, and liquidity and overlay services. Institutional clients include defined benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors and corporations. Individual clients are generally served through intermediaries, including affiliated and non-affiliated distributors. Basis of Financial Information The financial statements are prepared in accordance with U.S. GAAP, which requires the Firm to make estimates and assumptions regarding the valuations of certain financial instruments, the valuations of goodwill and intangible assets, the outcome of legal and tax matters, deferred tax assets, ACL, and other matters that affect its financial statements and related disclosures. The Firm believes that the estimates utilized in the preparation of its financial statements are prudent and reasonable. Actual results could differ materially from these estimates. The notes are an integral part of the Firm’s financial statements. The Firm has evaluated subsequent events for adjustment to or disclosure in these financial statements through the date of this report and has not identified any recordable or disclosable events not otherwise reported in these financial statements or the notes thereto. The accompanying financial statements should be read in conjunction with the Firm’s financial statements and notes thereto included in the 2021 Form 10-K. Certain footnote disclosures included in the 2021 Form 10-K have been condensed or omitted from these financial statements as they are not required for interim reporting under U.S. GAAP. The financial statements reflect all adjustments of a normal, recurring nature that are, in the opinion of management, necessary for the fair presentation of the results for the interim period. The results of operations for interim periods are not necessarily indicative of results for the entire year. Consolidation The financial statements include the accounts of the Firm, its wholly owned subsidiaries and other entities in which the Firm has a controlling financial interest, including certain VIEs (see Note 14). Intercompany balances and transactions have been eliminated. For consolidated subsidiaries that are not wholly owned, the third-party holdings of equity interests are referred to as Noncontrolling interests. The net income attributable to Noncontrolling interests for such subsidiaries is presented as Net income applicable to noncontrolling interests in the income statement. The portion of shareholders’ equity that is attributable to noncontrolling interests for such subsidiaries is presented as Noncontrolling interests, a component of Total equity, in the balance sheet. For a discussion of the Firm’s significant regulated U.S. and international subsidiaries and its involvement with VIEs, see Note 1 to the financial statements in the 2021 Form 10-K.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies For a detailed discussion about the Firm’s significant accounting policies and for further information on accounting updates adopted, see Note 2 to the financial statements in the 2021 Form 10-K. During the three months ended March 31, 2022 (“current quarter”), there were no significant updates to the Firm’s significant accounting policies.

Cash and Cash Equivalents

Cash and Cash Equivalents	3 Months Ended
	Mar. 31, 2022
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	Cash and Cash Equivalents $ in millions At At Cash and due from banks $ 9,086 $ 8,394 Interest bearing deposits with banks 127,000 119,331 Total Cash and cash equivalents $ 136,086 $ 127,725 Restricted cash $ 41,315 $ 40,887 For additional information on cash and cash equivalents, including restricted cash, see Note 2 to the financial statements in the 2021 Form 10-K.

Fair Values

Fair Values	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values	Fair Values Recurring Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis At March 31, 2022 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 44,038 $ 19,680 $ 8 $ — $ 63,726 Other sovereign government obligations 24,449 7,422 188 — 32,059 State and municipal securities — 1,664 — — 1,664 MABS — 929 351 — 1,280 Loans and lending commitments 2 — 9,349 3,141 — 12,490 Corporate and other debt — 28,751 1,753 — 30,504 Corporate equities 3 86,106 790 239 — 87,135 Derivative and other contracts: Interest rate 10,124 163,417 1,086 — 174,627 Credit — 10,860 646 — 11,506 Foreign exchange 39 101,193 63 — 101,295 Equity 997 64,521 391 — 65,909 Commodity and other 12,202 33,688 3,416 — 49,306 Netting 1 (17,166) (271,135) (993) (55,468) (344,762) Total derivative and other contracts 6,196 102,544 4,609 (55,468) 57,881 Investments 4 661 761 1,120 — 2,542 Physical commodities — 2,709 — — 2,709 Total trading assets 4 161,450 174,599 11,409 (55,468) 291,990 Investment securities—AFS 56,479 33,875 — — 90,354 Securities purchased under agreements to resell — 2 — — 2 Total assets at fair value $ 217,929 $ 208,476 $ 11,409 $ (55,468) $ 382,346 At March 31, 2022 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 1,987 $ 26 $ — $ 2,013 Trading liabilities: U.S. Treasury and agency securities 15,090 112 — — 15,202 Other sovereign government obligations 24,751 2,911 2 — 27,664 Corporate and other debt — 11,081 17 — 11,098 Corporate equities 3 80,037 191 29 — 80,257 Derivative and other contracts: Interest rate 9,127 155,763 452 — 165,342 Credit — 10,949 553 — 11,502 Foreign exchange 31 93,168 96 — 93,295 Equity 1,184 71,669 1,045 — 73,898 Commodity and other 12,716 28,140 1,982 — 42,838 Netting 1 (17,166) (271,135) (993) (55,224) (344,518) Total derivative and other contracts 5,892 88,554 3,135 (55,224) 42,357 Total trading liabilities 125,770 102,849 3,183 (55,224) 176,578 Securities sold under agreements to repurchase — 448 516 — 964 Other secured financings — 4,631 120 — 4,751 Borrowings — 73,564 2,399 — 75,963 Total liabilities at fair value $ 125,770 $ 183,479 $ 6,244 $ (55,224) $ 260,269 At December 31, 2021 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 45,970 $ 29,749 $ 2 $ — $ 75,721 Other sovereign government obligations 28,041 4,533 211 — 32,785 State and municipal securities — 1,905 13 — 1,918 MABS — 1,237 344 — 1,581 Loans and lending commitments 2 — 8,821 3,806 — 12,627 Corporate and other debt — 27,309 1,973 — 29,282 Corporate equities 3 91,630 832 115 — 92,577 Derivative and other contracts: Interest rate 1,364 153,048 1,153 — 155,565 Credit — 8,441 509 — 8,950 Foreign exchange 28 74,571 132 — 74,731 Equity 1,562 68,519 251 — 70,332 Commodity and other 4,462 20,194 3,057 — 27,713 Netting 1 (5,696) (241,814) (794) (50,833) (299,137) Total derivative and other contracts 1,720 82,959 4,308 (50,833) 38,154 Investments 4 735 846 1,125 — 2,706 Physical commodities — 2,771 — — 2,771 Total trading assets 4 168,096 160,962 11,897 (50,833) 290,122 Investment securities—AFS 59,021 43,809 — — 102,830 Securities purchased under agreements to resell — 7 — — 7 Total assets at fair value $ 227,117 $ 204,778 $ 11,897 $ (50,833) $ 392,959 At December 31, 2021 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 1,873 $ 67 $ — $ 1,940 Trading liabilities: U.S. Treasury and agency securities 16,433 319 — — 16,752 Other sovereign government obligations 20,771 2,062 — — 22,833 Corporate and other debt — 8,707 16 — 8,723 Corporate equities 3 75,181 226 45 — 75,452 Derivative and other contracts: Interest rate 1,087 145,670 445 — 147,202 Credit — 9,090 411 — 9,501 Foreign exchange 19 73,096 80 — 73,195 Equity 2,119 77,363 1,196 — 80,678 Commodity and other 4,563 16,837 1,528 — 22,928 Netting 1 (5,696) (241,814) (794) (50,632) (298,936) Total derivative and other contracts 2,092 80,242 2,866 (50,632) 34,568 Total trading liabilities 114,477 91,556 2,927 (50,632) 158,328 Securities sold under agreements to repurchase — 140 651 — 791 Other secured financings — 4,730 403 — 5,133 Borrowings — 74,183 2,157 — 76,340 Total liabilities at fair value $ 114,477 $ 172,482 $ 6,205 $ (50,632) $ 242,532 MABS—Mortgage- and asset-backed securities 1. For positions with the same counterparty that cross over the levels of the fair value hierarchy, both counterparty netting and cash collateral netting are included in the column titled “Netting.” Positions classified within the same level that are with the same counterparty are netted within that level. For further information on derivative instruments and hedging activities, see Note 6. 2. For a further breakdown by type, see the following Detail of Loans and Lending Commitments at Fair Value table. 3. For trading purposes, the Firm holds or sells short equity securities issued by entities in diverse industries and of varying sizes. 4. Amounts exclude certain investments that are measured based on NAV per share, which are not classified in the fair value hierarchy. For additional disclosure about such investments, see “Net Asset Value Measurements” herein. Detail of Loans and Lending Commitments at Fair Value $ in millions At At Corporate $ 8 $ 8 Commercial Real Estate 1,407 863 Residential Real Estate 3,085 3,911 Securities-based lending and Other loans 7,990 7,845 Total $ 12,490 $ 12,627 Unsettled Fair Value of Futures Contracts 1 $ in millions At At Customer and other receivables (payables), net $ 377 $ 948 1. These contracts are primarily Level 1, actively traded, valued based on quoted prices from the exchange and are excluded from the previous recurring fair value tables. For a description of the valuation techniques applied to the Firm’s major categories of assets and liabilities measured at fair value on a recurring basis, see Note 5 to the financial statements in the 2021 Form 10-K. During the current quarter, there were no significant revisions made to the Firm’s valuation techniques. Rollforward of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis Three Months Ended $ in millions 2022 2021 U.S. Treasury and agency securities Beginning balance $ 2 $ 9 Purchases 1 12 Sales — (9) Net transfers 5 — Ending balance $ 8 $ 12 Unrealized gains (losses) $ — $ — Other sovereign government obligations Beginning balance $ 211 $ 268 Purchases 6 15 Sales (40) (256) Net transfers 11 (10) Ending balance $ 188 $ 17 Unrealized gains (losses) $ — $ — State and municipal securities Beginning balance $ 13 $ — Net transfers (13) — Ending balance $ — $ — Unrealized gains (losses) $ — $ — MABS Beginning balance $ 344 $ 322 Realized and unrealized gains (losses) (1) 51 Purchases 56 144 Sales (96) (103) Net transfers 48 (40) Ending balance $ 351 $ 374 Unrealized gains (losses) $ (3) $ (2) Loans and lending commitments Beginning balance $ 3,806 $ 5,759 Realized and unrealized gains (losses) 26 (26) Purchases and originations 369 1,833 Sales (210) (2,060) Settlements (409) (388) Net transfers (441) (73) Ending balance $ 3,141 $ 5,045 Unrealized gains (losses) $ 22 $ (32) Corporate and other debt Beginning balance $ 1,973 $ 3,435 Realized and unrealized gains (losses) 12 (51) Purchases and originations 71 867 Sales (160) (749) Settlements — (255) Net transfers (143) 72 Ending balance $ 1,753 $ 3,319 Unrealized gains (losses) $ 7 $ 2 Corporate equities Beginning balance $ 115 $ 86 Realized and unrealized gains (losses) — 16 Purchases 24 25 Sales (82) (46) Net transfers 182 33 Ending balance $ 239 $ 114 Unrealized gains (losses) $ — $ 18 Three Months Ended $ in millions 2022 2021 Investments Beginning balance $ 1,125 $ 828 Realized and unrealized gains (losses) (24) 6 Purchases 20 64 Sales (4) (15) Net transfers 3 41 Ending balance $ 1,120 $ 924 Unrealized gains (losses) $ (26) $ (6) Investment securities —AFS Beginning balance $ — $ 2,804 Realized and unrealized gains (losses) — (4) Sales — (192) Net transfers 1 — (2,481) Ending balance $ — $ 127 Unrealized gains (losses) $ — $ (5) Securities purchased under agreements to resell Beginning balance $ — $ 3 Net transfers — (3) Ending balance $ — $ — Unrealized gains (losses) $ — $ — Net derivatives: Interest rate Beginning balance $ 708 $ 682 Realized and unrealized gains (losses) 39 (413) Purchases 3 31 Issuances (2) (17) Settlements (21) 83 Net transfers (93) 325 Ending balance $ 634 $ 691 Unrealized gains (losses) $ 147 $ (403) Net derivatives: Credit Beginning balance $ 98 $ 49 Realized and unrealized gains (losses) 43 (4) Purchases 8 19 Issuances (8) (8) Settlements (68) (72) Net transfers 20 (66) Ending balance $ 93 $ (82) Unrealized gains (losses) $ 28 $ (13) Net derivatives: Foreign exchange Beginning balance $ 52 $ 61 Realized and unrealized gains (losses) (145) (236) Purchases 5 2 Issuances — (4) Settlements 81 26 Net transfers (26) 41 Ending balance $ (33) $ (110) Unrealized gains (losses) $ (138) $ (206) Net derivatives: Equity Beginning balance $ (945) $ (2,231) Realized and unrealized gains (losses) 98 63 Purchases 28 77 Issuances (68) (297) Settlements 117 65 Net transfers 116 206 Ending balance $ (654) $ (2,117) Unrealized gains (losses) $ 88 $ 12 Three Months Ended $ in millions 2022 2021 Net derivatives: Commodity and other Beginning balance $ 1,529 $ 1,709 Realized and unrealized gains (losses) 4 331 Purchases 9 7 Issuances (11) (1) Settlements (47) (131) Net transfers (50) 29 Ending balance $ 1,434 $ 1,944 Unrealized gains (losses) $ (216) $ 215 Deposits Beginning balance $ 67 $ 126 Realized and unrealized losses (gains) — (4) Issuances — 11 Settlements (5) (2) Net transfers (36) 46 Ending balance $ 26 $ 177 Unrealized losses (gains) $ — $ (4) Nonderivative trading liabilities Beginning balance $ 61 $ 79 Realized and unrealized losses (gains) (3) (9) Purchases (33) (20) Sales 11 13 Net transfers 12 (1) Ending balance $ 48 $ 62 Unrealized losses (gains) $ (3) $ (9) Securities sold under agreements to repurchase Beginning balance $ 651 $ 444 Realized and unrealized losses (gains) 2 (2) Settlements (10) — Net transfers (127) (1) Ending balance $ 516 $ 441 Unrealized losses (gains) $ 2 $ (2) Other secured financings Beginning balance $ 403 $ 516 Realized and unrealized losses (gains) (3) (5) Issuances 28 370 Settlements (305) (322) Net transfers (3) (4) Ending balance $ 120 $ 555 Unrealized losses (gains) $ (3) $ (5) Borrowings Beginning balance $ 2,157 $ 4,374 Realized and unrealized losses (gains) (143) (118) Issuances 161 231 Settlements (42) (316) Net transfers 266 91 Ending balance $ 2,399 $ 4,262 Unrealized losses (gains) $ (143) $ (116) Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (29) (29) 1. Net transfers in the prior year quarter reflect the transfer of $2.5 billion of AFS securities from Level 3 to Level 2 due to increased trading activity and observability of pricing inputs. Level 3 instruments may be hedged with instruments classified in Level 1 and Level 2. The realized and unrealized gains or losses for assets and liabilities within the Level 3 category presented in the previous tables do not reflect the related realized and unrealized gains or losses on hedging instruments that have been classified by the Firm within the Level 1 and/or Level 2 categories. The unrealized gains (losses) during the period for assets and liabilities within the Level 3 category may include changes in fair value during the period that were attributable to both observable and unobservable inputs. Total realized and unrealized gains (losses) are primarily included in Trading revenues in the income statement. Additionally, in the previous tables, consolidations of VIEs are included in Purchases, and deconsolidations of VIEs are included in Settlements. Significant Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements Valuation Techniques and Unobservable Inputs Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Assets at Fair Value on a Recurring Basis Other sovereign government obligations $ 188 $ 211 Comparable pricing: Bond price 91 to 108 points (100 points) 100 to 140 points (120 points) MABS $ 351 $ 344 Comparable pricing: Bond price 0 to 83 points (58 points) 0 to 86 points (59 points) Loans and lending $ 3,141 $ 3,806 Margin loan model: Margin loan rate 1% to 4% (3%) 1% to 4% (3%) Comparable pricing: Loan price 88 to 102 points (97 points) 89 to 101 points (97 points) Corporate and $ 1,753 $ 1,973 Comparable pricing: Bond price 50 to 165 points (98 points) 50 to 163 points (99 points) Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Corporate equities $ 239 $ 115 Comparable pricing: Equity price 100% 100% Investments $ 1,120 $ 1,125 Discounted cash flow: WACC 13% to 16% (15%) 10% to 16% (15%) Exit multiple 8 to 17 times (12 times) 8 to 17 times (12 times) Market approach: EBITDA multiple 8 to 23 times (9 times) 8 to 25 times (10 times) Comparable pricing: Equity price 43% to 100% (99%) 43% to 100% (99%) Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Net derivative and other contracts: Interest rate $ 634 $ 708 Option model: IR volatility skew 45% to 79% (61% / 63%) 39% to 79% (64% / 63%) IR curve correlation 46% to 93% (73% / 76%) 62% to 98% (83% / 84%) Bond volatility 8% to 26% (15% / 14%) 5% to 32% (12% / 9%) Inflation volatility 24% to 65% (44% / 40%) 24% to 65% (44% / 40%) IR curve N/M 4% Credit $ 93 $ 98 Credit default swap model: Cash-synthetic basis 7 points 7 points Bond price N/M 0 to 83 points (46 points) Credit spread 10 to 481 bps (95 bps) 14 to 477 bps (68 bps) Funding spread 15 to 590 bps (77 bps) 15 to 433 bps (55 bps) Foreign exchange 2 $ (33) $ 52 Option model: IR - FX correlation 54% to 56% (55% 55%) 53% to 56% (55% / 54%) IR volatility skew 45% to 79% (61% / 63%) 39% to 79% (64% / 63%) IR curve 2% to 7% (5% / 7%) -1% to 7% (2% / 0%) Foreign exchange volatility skew -37% to 25% (0% / 1%) -4% to -2% (-3% / -3%) Contingency probability 80% to 95% (93% / 95%) 90% to 95% (94% / 95%) Equity 2 $ (654) $ (945) Option model: Equity volatility 7% to 96% (24%) 5% to 99% (24%) Equity volatility skew -6% to 0% (-1%) -4% to 0% (-1%) Equity correlation 5% to 97% (75%) 5% to 99% (73%) FX correlation -85% to 60% (-47%) -85% to 37% (-42%) IR correlation 12% to 30% (14%) 13% to 30% (15%) Commodity and other $ 1,434 $ 1,529 Option model: Forward power price $7 to $260 ($48) per MWh $4 to $263 ($39) per MWh Commodity volatility 8% to 196% (32%) 8% to 385% (22%) Cross-commodity correlation 41% to 100% (94%) 43% to 100% (94%) Liabilities Measured at Fair Value on a Recurring Basis Deposits $ 26 $ 67 Option model: Equity volatility N/M 7% Securities sold under agreements to repurchase $ 516 $ 651 Discounted cash flow: Funding spread 84 to 131 bps (108 bps) 112 to 127 bps (120 bps) Other secured financings $ 120 $ 403 Comparable pricing: Loan price 23 to 100 points (80 points) 30 to 100 points (83 points) Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Borrowings $ 2,399 $ 2,157 Option model: Equity volatility 7% to 93% (24%) 7% to 85% (20%) Equity volatility skew -1% to 0% (0%) -1% to 0% (0%) Equity correlation 39% to 95% (85%) 41% to 95% (81%) Equity - FX correlation -55% to 25% (-27%) -55% to 25% (-30%) IR FX Correlation -27% to 12% (-6% / -6%) -26% to 8% (-5% / -5%) IR curve correlation 46% to 93% (73% / 76%) N/M IR volatility skew 34% to 82% (51% / 45%) N/M Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Nonrecurring Fair Value Measurement Loans $ 1,370 $ 1,576 Corporate loan model: Credit spread 79 to 447 bps (266 bps) 108 to 565 bps (284 bps) Comparable pricing: Loan price 47 to 80 points (63 points) 40 to 80 points (61 points) Warehouse model: Credit spread 187 to 280 bps (226 bps) 182 to 446 bps (376 bps) Points—Percentage of par IR—Interest rate FX—Foreign exchange 1. A single amount is disclosed for range and average when there is no significant difference between the minimum, maximum and average. Amounts represent weighted averages except where simple averages and the median of the inputs are more relevant. 2. Includes derivative contracts with multiple risks ( i.e. , hybrid products). The previous table provides information on the valuation techniques, significant unobservable inputs, and the ranges and averages for each major category of assets and liabilities measured at fair value on a recurring and nonrecurring basis with a significant Level 3 balance. The level of aggregation and breadth of products cause the range of inputs to be wide and not evenly distributed across the inventory of financial instruments. Further, the range of unobservable inputs may differ across firms in the financial services industry because of diversity in the types of products included in each firm’s inventory. Generally, there are no predictable relationships between multiple significant unobservable inputs attributable to a given valuation technique. For a description of the Firm’s significant unobservable inputs and qualitative information about the effect of hypothetical changes in the values of those inputs, see Note 5 to the financial statements in the 2021 Form 10-K. During the current quarter, there were no significant revisions made to the descriptions of the Firm’s significant unobservable inputs. Net Asset Value Measurements Fund Interests At March 31, 2022 At December 31, 2021 $ in millions Carrying Value Commitment Carrying Value Commitment Private equity $ 2,607 $ 579 $ 2,492 $ 615 Real estate 2,089 243 2,064 248 Hedge 1 195 2 191 2 Total $ 4,891 $ 824 $ 4,747 $ 865 1. Investments in hedge funds may be subject to initial period lock-up or gate provisions, which restrict an investor from withdrawing from the fund during a certain initial period or restrict the redemption amount on any redemption date, respectively. Amounts in the previous table represent the Firm’s carrying value of general and limited partnership interests in fund investments, as well as any related performance-based income in the form of carried interest. The carrying amounts are measured based on the NAV of the fund taking into account the distribution terms applicable to the interest held. This same measurement applies whether the fund investments are accounted for under the equity method or fair value. For a description of the Firm’s investments in private equity funds, real estate funds and hedge funds, which are measured based on NAV, see Note 5 to the financial statements in the 2021 Form 10-K. See Note 13 for information regarding general partner guarantees, which include potential obligations to return performance fee distributions previously received. See Note 19 for information regarding unrealized carried interest at risk of reversal. Nonredeemable Funds by Contractual Maturity Carrying Value at March 31, 2022 $ in millions Private Equity Real Estate Less than 5 years $ 1,041 $ 327 5-10 years 1,109 1,745 Over 10 years 457 17 Total $ 2,607 $ 2,089 Nonrecurring Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis At March 31, 2022 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 1,531 $ 1,370 $ 2,901 Other assets—Other investments — 7 7 Other assets—ROU assets 4 — 4 Total $ 1,535 $ 1,377 $ 2,912 Liabilities Other liabilities and accrued expenses—Lending commitments $ 201 $ 86 $ 287 Total $ 201 $ 86 $ 287 At December 31, 2021 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 4,035 $ 1,576 $ 5,611 Other assets—Other investments — 8 8 Other assets—ROU assets $ 16 $ — $ 16 Total $ 4,051 $ 1,584 $ 5,635 Liabilities Other liabilities and accrued expenses—Lending commitments $ 173 $ 70 $ 243 Total $ 173 $ 70 $ 243 1. For significant Level 3 balances, refer to “Significant Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements” section herein for details of the significant unobservable inputs used for nonrecurring fair value measurement. Gains (Losses) from Nonrecurring Fair Value Remeasurements 1 Three Months Ended $ in millions 2022 2021 Assets Loans 2 $ (43) $ (13) Goodwill — (8) Intangibles — (2) Other assets—Other investments 3 (2) (51) Other assets—Premises, equipment and software (1) (2) Other assets—ROU assets (2) — Total $ (48) $ (76) Liabilities Other liabilities and accrued expenses—Lending commitments 2 $ (49) $ 4 Total $ (49) $ 4 1. Gains and losses for Loans and Other assets—Other investments are classified in Other revenues. For other items, gains and losses are recorded in Other revenues if the item is held for sale; otherwise, they are recorded in Other expenses. 2. Nonrecurring changes in the fair value of loans and lending commitments, which exclude the impact of related economic hedges, are calculated as follows: for the held-for-investment category, based on the value of the underlying collateral; and for the held-for-sale category, based on recently executed transactions, market price quotations, valuation models that incorporate market observable inputs where possible, such as comparable loan or debt prices and CDS spread levels adjusted for any basis difference between cash and derivative instruments, or default recovery analysis where such transactions and quotations are unobservable. 3. Losses related to Other assets—Other investments were determined using techniques that included discounted cash flow models, methodologies that incorporate multiples of certain comparable companies and recently executed transactions. Financial Instruments Not Measured at Fair Value At March 31, 2022 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 136,086 $ 136,086 $ — $ — $ 136,086 Investment securities—HTM 80,439 29,099 45,633 1,044 75,776 Securities purchased under agreements to resell 127,765 — 125,543 2,186 127,729 Securities borrowed 150,995 — 150,995 — 150,995 Customer and other receivables 90,134 — 86,417 3,453 89,870 Loans 1 196,260 — 24,140 170,269 194,409 Other assets 509 — 509 — 509 Financial liabilities Deposits $ 358,827 $ — $ 358,993 $ — $ 358,993 Securities sold under agreements to repurchase 59,104 — 59,089 — 59,089 Securities loaned 14,222 — 14,223 — 14,223 Other secured financings 4,057 — 4,059 — 4,059 Customer and other payables 243,281 — 243,281 — 243,281 Borrowings 153,854 — 155,443 4 155,447 Commitment Lending commitments 2 $ 141,421 $ — $ 1,162 $ 514 $ 1,676 At December 31, 2021 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 127,725 $ 127,725 $ — $ — $ 127,725 Investment securities—HTM 80,168 29,454 49,352 1,076 79,882 Securities purchased under agreements to resell 119,992 — 117,922 2,075 119,997 Securities borrowed 129,713 — 129,713 — 129,713 Customer and other receivables 91,664 — 88,091 3,442 91,533 Loans 1 188,134 — 25,706 163,784 189,490 Other assets 528 — 528 — 528 Financial liabilities Deposits $ 345,634 $ — $ 345,911 $ — $ 345,911 Securities sold under agreements to repurchase 61,397 — 61,419 — 61,419 Securities loaned 12,299 — 12,296 — 12,296 Other secured financings 4,908 — 4,910 — 4,910 Customer and other payables 228,631 — 228,631 — 228,631 Borrowings 156,787 — 162,154 4 162,158 Commitment Lending commitments 2 $ 133,519 $ — $ 890 $ 470 $ 1,360 1. Amounts include loans measured at fair value on a nonrecurring basis. 2. Represents Lending commitments accounted for as Held for Investment and Held for Sale. For a further discussion on lending commitments, see Note 13.

Fair Value Option

Fair Value Option	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Option	Fair Value Option The Firm has elected the fair value option for certain eligible instruments that are risk managed on a fair value basis to mitigate income statement volatility caused by measurement basis differences between the elected instruments and their associated risk management transactions or to eliminate complexities of applying certain accounting models. Borrowings Measured at Fair Value on a Recurring Basis $ in millions At At Business Unit Responsible for Risk Management Equity $ 37,987 $ 37,046 Interest rates 27,100 28,638 Commodities 8,401 7,837 Credit 1,310 1,347 Foreign exchange 1,165 1,472 Total $ 75,963 $ 76,340 Net Revenues from Borrowings under the Fair Value Option Three Months Ended $ in millions 2022 2021 Trading revenues $ 4,655 $ 2,485 Interest expense 72 73 Net revenues 1 $ 4,583 $ 2,412 1. Amounts do not reflect any gains or losses from related economic hedges. Gains (losses) from changes in fair value are recorded in Trading revenues and are mainly attributable to movements in the reference price or index, interest rates or foreign exchange rates. Gains (Losses) Due to Changes in Instrument-Specific Credit Risk Three Months Ended March 31, 2022 2021 $ in millions Trading OCI Trading OCI Loans and other receivables 1 $ 24 $ — $ 158 $ — Deposits — (7) — (1) Borrowings — 878 (17) 185 $ in millions At At Cumulative pre-tax DVA gain (loss) recognized in AOCI $ (1,568) $ (2,439) 1. Loans and other receivables-specific credit gains (losses) were determined by excluding the non-credit components of gains and losses. Difference Between Contractual Principal and Fair Value 1 $ in millions At At Loans and other receivables 2 $ 12,360 $ 12,633 Nonaccrual loans 2 9,608 9,999 Borrowings 3 704 (2,106) 1. Amounts indicate contractual principal greater than or (less than) fair value. 2. The majority of the difference between principal and fair value amounts for loans and other receivables relates to distressed debt positions purchased at amounts well below par. 3. Excludes borrowings where the repayment of the initial principal amount fluctuates based on changes in a reference price or index. The previous tables exclude non-recourse debt from consolidated VIEs, liabilities related to transfers of financial assets treated as collateralized financings, pledged commodities and other liabilities that have specified assets attributable to them. Fair Value Loans on Nonaccrual Status $ in millions At At Nonaccrual loans $ 908 $ 989 Nonaccrual loans 90 or more days past due 264 363

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Fair Values of Derivative Contracts Assets at March 31, 2022 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 235 $ 3 $ — $ 238 Foreign exchange 202 14 — 216 Total 437 17 — 454 Not designated as accounting hedges Economic hedges of loans Credit 2 12 — 14 Other derivatives Interest rate 152,234 20,630 1,525 174,389 Credit 7,494 3,998 — 11,492 Foreign exchange 97,624 3,389 66 101,079 Equity 27,669 — 38,240 65,909 Commodity and other 34,517 — 14,789 49,306 Total 319,540 28,029 54,620 402,189 Total gross derivatives $ 319,977 $ 28,046 $ 54,620 $ 402,643 Amounts offset Counterparty netting (222,597) (25,328) (50,605) (298,530) Cash collateral netting (44,621) (1,611) — (46,232) Total in Trading assets $ 52,759 $ 1,107 $ 4,015 $ 57,881 Amounts not offset 1 Financial instruments collateral (18,000) — — (18,000) Net amounts $ 34,759 $ 1,107 $ 4,015 $ 39,881 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 10,704 Liabilities at March 31, 2022 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 51 $ — $ — $ 51 Foreign exchange 59 36 — 95 Total 110 36 — 146 Not designated as accounting hedges Economic hedges of loans Credit 15 308 — 323 Other derivatives Interest rate 142,935 21,368 988 165,291 Credit 7,029 4,150 — 11,179 Foreign exchange 90,134 2,970 96 93,200 Equity 34,116 — 39,782 73,898 Commodity and other 27,290 — 15,548 42,838 Total 301,519 28,796 56,414 386,729 Total gross derivatives $ 301,629 $ 28,832 $ 56,414 $ 386,875 Amounts offset Counterparty netting (222,597) (25,328) (50,605) (298,530) Cash collateral netting (44,557) (1,431) — (45,988) Total in Trading liabilities $ 34,475 $ 2,073 $ 5,809 $ 42,357 Amounts not offset 1 Financial instruments collateral (3,641) — (1,543) (5,184) Net amounts $ 30,834 $ 2,073 $ 4,266 $ 37,173 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable 8,824 Assets at December 31, 2021 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 594 $ 1 $ — $ 595 Foreign exchange 191 6 — 197 Total 785 7 — 792 Not designated as accounting hedges Economic hedges of loans Credit — 15 — 15 Other derivatives Interest rate 147,585 7,002 383 154,970 Credit 5,749 3,186 — 8,935 Foreign exchange 73,276 1,219 39 74,534 Equity 28,877 — 41,455 70,332 Commodity and other 22,175 — 5,538 27,713 Total 277,662 11,422 47,415 336,499 Total gross derivatives $ 278,447 $ 11,429 $ 47,415 $ 337,291 Amounts offset Counterparty netting (201,729) (9,818) (42,883) (254,430) Cash collateral netting (43,495) (1,212) — (44,707) Total in Trading assets $ 33,223 $ 399 $ 4,532 $ 38,154 Amounts not offset 1 Financial instruments collateral (10,457) — — (10,457) Net amounts $ 22,766 $ 399 $ 4,532 $ 27,697 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 6,725 Liabilities at December 31, 2021 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 86 $ 1 $ — $ 87 Foreign exchange 57 50 — 107 Total 143 51 — 194 Not designated as accounting hedges Economic hedges of loans Credit 17 412 — 429 Other derivatives Interest rate 140,770 6,112 233 147,115 Credit 5,609 3,463 — 9,072 Foreign exchange 71,851 1,196 41 73,088 Equity 39,597 — 41,081 80,678 Commodity and other 17,188 — 5,740 22,928 Total 275,032 11,183 47,095 333,310 Total gross derivatives $ 275,175 $ 11,234 $ 47,095 $ 333,504 Amounts offset Counterparty netting (201,729) (9,818) (42,883) (254,430) Cash collateral netting (43,305) (1,201) — (44,506) Total in Trading liabilities $ 30,141 $ 215 $ 4,212 $ 34,568 Amounts not offset 1 Financial instruments collateral (5,866) (8) (39) (5,913) Net amounts $ 24,275 $ 207 $ 4,173 $ 28,655 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 6,194 1. Amounts relate to master netting agreements and collateral agreements that have been determined by the Firm to be legally enforceable in the event of default but where certain other criteria are not met in accordance with applicable offsetting accounting guidance. See Note 4 for information related to the unsettled fair value of futures contracts not designated as accounting hedges, which are excluded from the previous tables. Notionals of Derivative Contracts Assets at March 31, 2022 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 4 $ 73 $ — $ 77 Foreign exchange 9 1 — 10 Total 13 74 — 87 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 3,626 9,434 758 13,818 Credit 231 150 — 381 Foreign exchange 3,806 146 10 3,962 Equity 516 — 419 935 Commodity and other 171 — 75 246 Total 8,350 9,731 1,262 19,343 Total gross derivatives $ 8,363 $ 9,805 $ 1,262 $ 19,430 Liabilities at March 31, 2022 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 128 $ — $ 128 Foreign exchange 4 3 — 7 Total 4 131 — 135 Not designated as accounting hedges Economic hedges of loans Credit 1 10 — 11 Other derivatives Interest rate 3,577 9,060 629 13,266 Credit 231 146 — 377 Foreign exchange 3,690 139 19 3,848 Equity 547 — 770 1,317 Commodity and other 129 — 91 220 Total 8,175 9,355 1,509 19,039 Total gross derivatives $ 8,179 $ 9,486 $ 1,509 $ 19,174 Assets at December 31, 2021 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 4 $ 104 $ — $ 108 Foreign exchange 8 1 — 9 Total 12 105 — 117 Not designated as accounting hedges Economic hedges of loans Credit — — — — Other derivatives Interest rate 3,488 7,082 570 11,140 Credit 216 105 — 321 Foreign exchange 3,386 95 10 3,491 Equity 495 — 407 902 Commodity and other 139 — 73 212 Total 7,724 7,282 1,060 16,066 Total gross derivatives $ 7,736 $ 7,387 $ 1,060 $ 16,183 Liabilities at December 31, 2021 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 99 $ — $ 99 Foreign exchange 5 3 — 8 Total 5 102 — 107 Not designated as accounting hedges Economic hedges of loans Credit 1 12 — 13 Other derivatives Interest rate 3,827 6,965 445 11,237 Credit 225 106 — 331 Foreign exchange 3,360 88 12 3,460 Equity 552 — 735 1,287 Commodity and other 110 — 81 191 Total 8,075 7,171 1,273 16,519 Total gross derivatives $ 8,080 $ 7,273 $ 1,273 $ 16,626 The notional amounts of derivative contracts generally overstate the Firm’s exposure. In most circumstances, notional amounts are used only as a reference point from which to calculate amounts owed between the parties to the contract. Furthermore, notional amounts do not reflect the benefit of legally enforceable netting arrangements or risk mitigating transactions. For a discussion of the Firm’s derivative instruments and hedging activities, see Note 7 to the financial statements in the 2021 Form 10-K. Gains (Losses) on Accounting Hedges Three Months Ended March 31, $ in millions 2022 2021 Fair value hedges—Recognized in Interest income Interest rate contracts $ 795 $ 831 Investment Securities—AFS (751) (772) Fair value hedges—Recognized in Interest expense Interest rate contracts $ (6,233) $ (4,108) Deposits 88 36 Borrowings 6,155 4,021 Net investment hedges—Foreign exchange contracts Recognized in OCI $ 139 $ 405 Forward points excluded from hedge effectiveness testing—Recognized in Interest income (41) 1 Fair Value Hedges—Hedged Items $ in millions At At Investment Securities—AFS Amortized cost basis currently or previously hedged $ 11,039 $ 17,902 Basis adjustments included in amortized cost 1 $ (840) $ (591) Deposits Carrying amount currently or previously hedged $ 4,807 $ 6,279 Basis adjustments included in carrying amount 1 $ (83) $ 5 Borrowings Carrying amount currently or previously hedged $ 122,770 $ 122,919 Basis adjustments included in carrying amount — Outstanding hedges $ (3,831) $ 2,324 Basis adjustments included in carrying amount — Terminated hedges $ (736) $ (743) 1. Hedge accounting basis adjustments are primarily related to outstanding hedges. Gains (Losses) on Economic Hedges of Loans Three Months Ended March 31, $ in millions 2022 2021 Recognized in Other revenues Credit contracts 1 $ 51 $ (105) 1. Amounts related to hedges of certain held-for-investment and held-for-sale loans. Net Derivative Liabilities and Collateral Posted $ in millions At At Net derivative liabilities with credit risk-related contingent features $ 22,090 $ 20,548 Collateral posted 14,470 14,789 The previous table presents the aggregate fair value of certain derivative contracts that contain credit risk-related contingent features that are in a net liability position for which the Firm has posted collateral in the normal course of business. Incremental Collateral and Termination Payments upon Potential Future Ratings Downgrade $ in millions At One-notch downgrade $ 310 Two-notch downgrade 550 Bilateral downgrade agreements included in the amounts above 1 $ 637 1. Amount represents arrangements between the Firm and other parties where upon the downgrade of one party, the downgraded party must deliver collateral to the other party. These bilateral downgrade arrangements are used by the Firm to manage the risk of counterparty downgrades. The additional collateral or termination payments that may be called in the event of a future credit rating downgrade vary by contract and can be based on ratings by either or both of Moody’s Investors Service, Inc. and S&P Global Ratings. The previous table shows the future potential collateral amounts and termination payments that could be called or required by counterparties or exchange and clearing organizations in the event of one-notch or two-notch downgrade scenarios based on the relevant contractual downgrade triggers. Maximum Potential Payout/Notional of Credit Protection Sold 1 Years to Maturity at March 31, 2022 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 11 $ 27 $ 30 $ 13 $ 81 Non-investment grade 5 13 17 5 40 Total $ 16 $ 40 $ 47 $ 18 $ 121 Index and basket CDS Investment grade $ 2 $ 11 $ 107 $ 48 $ 168 Non-investment grade 9 16 37 24 86 Total $ 11 $ 27 $ 144 $ 72 $ 254 Total CDS sold $ 27 $ 67 $ 191 $ 90 $ 375 Other credit contracts — — — — — Total credit protection sold $ 27 $ 67 $ 191 $ 90 $ 375 CDS protection sold with identical protection purchased $ 331 Years to Maturity at December 31, 2021 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 10 $ 26 $ 29 $ 9 $ 74 Non-investment grade 5 13 17 2 37 Total $ 15 $ 39 $ 46 $ 11 $ 111 Index and basket CDS Investment grade $ 2 $ 11 $ 106 $ 15 $ 134 Non-investment grade 9 14 37 12 72 Total $ 11 $ 25 $ 143 $ 27 $ 206 Total CDS sold $ 26 $ 64 $ 189 $ 38 $ 317 Other credit contracts — — — — — Total credit protection sold $ 26 $ 64 $ 189 $ 38 $ 317 CDS protection sold with identical protection purchased $ 278 Fair Value Asset (Liability) of Credit Protection Sold 1 $ in millions At At Single-name CDS Investment grade $ 1,309 $ 1,428 Non-investment grade (1,805) (370) Total $ (496) $ 1,058 Index and basket CDS Investment grade $ 1,422 $ 1,393 Non-investment grade (1,243) (650) Total $ 179 $ 743 Total CDS sold $ (317) $ 1,801 Other credit contracts (3) (3) Total credit protection sold $ (320) $ 1,798 1. Investment grade/non-investment grade determination is based on the internal credit rating of the reference obligation. Internal credit ratings serve as the CRM’s assessment of credit risk and the basis for a comprehensive credit limits framework used to control credit risk. The Firm uses quantitative models and judgment to estimate the various risk parameters related to each obligor. Protection Purchased with CDS Notional $ in billions At At Single name $ 138 $ 126 Index and basket 235 204 Tranched index and basket 22 18 Total $ 395 $ 348 Fair Value Asset (Liability) $ in millions At At Single name $ 433 $ (1,338) Index and basket 228 (563) Tranched index and basket (340) (451) Total $ 321 $ (2,352) The Firm enters into credit derivatives, principally CDS, under which it receives or provides protection against the risk of default on a set of debt obligations issued by a specified reference entity or entities. A majority of the Firm’s counterparties for these derivatives are banks, broker-dealers, and insurance and other financial institutions. The fair value amounts as shown in the previous tables are prior to cash collateral or counterparty netting. For further information on credit derivatives and other credit contracts, see Note 7 to the financial statements in the 2021 Form 10-K.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities AFS and HTM Securities At March 31, 2022 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 57,973 $ 25 $ 1,519 $ 56,479 U.S. agency securities 2 23,863 13 1,143 22,733 Agency CMBS 8,596 42 189 8,449 State and municipal securities 1,334 5 37 1,302 FFELP student loan ABS 3 1,401 4 14 1,391 Total AFS securities 93,167 89 2,902 90,354 HTM securities U.S. Treasury securities 29,526 117 544 29,099 U.S. agency securities 2 47,656 5 4,079 43,582 Agency CMBS 2,166 — 115 2,051 Non-agency CMBS 1,091 1 48 1,044 Total HTM securities 80,439 123 4,786 75,776 Total investment securities $ 173,606 $ 212 $ 7,688 $ 166,130 At December 31, 2021 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 58,974 $ 343 $ 296 $ 59,021 U.S. agency securities 2 26,780 274 241 26,813 Agency CMBS 14,476 289 89 14,676 State and municipal securities 613 37 2 648 FFELP student loan ABS 3 1,672 11 11 1,672 Total AFS securities 102,515 954 639 102,830 HTM securities U.S. Treasury securities 28,653 882 81 29,454 U.S. agency securities 2 48,195 169 1,228 47,136 Agency CMBS 2,267 — 51 2,216 Non-agency CMBS 1,053 28 5 1,076 Total HTM securities 80,168 1,079 1,365 79,882 Total investment securities $ 182,683 $ 2,033 $ 2,004 $ 182,712 1. Amounts are net of any ACL. 2. U.S. agency securities consist mainly of agency mortgage pass-through pool securities, CMOs and agency-issued debt. 3. Underlying loans are backed by a guarantee, ultimately from the U.S. Department of Education, of at least 95% of the principal balance and interest outstanding. AFS Securities in an Unrealized Loss Position At At $ in millions Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury securities Less than 12 months $ 39,314 $ 1,252 $ 31,459 $ 296 12 months or longer 6,828 267 — — Total 46,142 1,519 31,459 296 U.S. agency securities Less than 12 months 16,478 816 12,283 219 12 months or longer 3,624 327 1,167 22 Total 20,102 1,143 13,450 241 Agency CMBS Less than 12 months 3,634 182 2,872 89 12 months or longer 142 7 10 — Total 3,776 189 2,882 89 State and municipal securities Less than 12 months 1,112 37 21 2 Total 1,112 37 21 2 FFELP student loan ABS Less than 12 months 580 5 320 1 12 months or longer 412 9 591 10 Total 992 14 911 11 Total AFS securities in an unrealized loss position Less than 12 months 61,118 2,292 46,955 607 12 months or longer 11,006 610 1,775 32 Total $ 72,124 $ 2,902 $ 48,730 $ 639 For AFS securities, the Firm believes there are no securities in an unrealized loss position that have credit losses after performing the analysis described in Note 2 in the 2021 Form 10-K and the Firm expects to recover the amortized cost basis of these securities. Additionally, the Firm does not intend to sell these securities and is not likely to be required to sell these securities prior to recovery of the amortized cost basis. As of March 31, 2022 and December 31, 2021, the securities in an unrealized loss position are predominantly investment grade. The HTM securities net carrying amounts at March 31, 2022 and December 31, 2021 reflect an ACL of $30 million and $33 million, respectively, related to Non-agency CMBS. See Note 2 in the 2021 Form 10-K for a description of the ACL methodology used for HTM Securities. As of March 31, 2022, and December 31, 2021, Non-Agency CMBS HTM securities were predominantly on accrual status and investment grade. See Note 14 for additional information on securities issued by VIEs, including U.S. agency mortgage-backed securities, non-agency CMBS, and FFELP student loan ABS. Investment Securities by Contractual Maturity At March 31, 2022 $ in millions Amortized 1 Fair Annualized Average Yield 2 AFS securities U.S. Treasury securities: Due within 1 year $ 8,901 $ 8,911 1.6 % After 1 year through 5 years 45,839 44,349 1.0 % After 5 years through 10 years 3,233 3,219 1.1 % Total 57,973 56,479 U.S. agency securities: Due within 1 year 12 12 0.5 % After 1 year through 5 years 335 322 1.2 % After 5 years through 10 years 1,179 1,148 1.8 % After 10 years 22,337 21,251 1.8 % Total 23,863 22,733 Agency CMBS: Due within 1 year 217 217 1.8 % After 1 year through 5 years 1,318 1,298 1.6 % After 5 years through 10 years 5,339 5,337 1.8 % After 10 years 1,722 1,597 1.4 % Total 8,596 8,449 State and municipal securities: Due within 1 year 7 7 1.4 % After 1 year through 5 years 24 25 2.3 % After 5 years through 10 years 106 103 2.4 % After 10 Years 1,197 1,167 2.6 % Total 1,334 1,302 FFELP student loan ABS: After 1 year through 5 years 131 129 0.9 % After 5 years through 10 years 139 135 0.7 % After 10 years 1,131 1,127 1.2 % Total 1,401 1,391 Total AFS securities 93,167 90,354 1.4 % HTM securities U.S. Treasury securities: Due within 1 year 3,749 3,761 1.9 % After 1 year through 5 years 19,336 18,974 1.7 % After 5 years through 10 years 4,879 4,865 2.4 % After 10 years 1,562 1,499 2.3 % Total 29,526 29,099 U.S. agency securities: After 5 years through 10 years 456 450 2.0 % After 10 years 47,200 43,132 1.7 % Total 47,656 43,582 Agency CMBS: Due within 1 year 78 77 1.1 % After 1 year through 5 years 1,371 1,312 1.3 % After 5 years through 10 years 567 526 1.5 % After 10 years 150 136 1.5 % Total 2,166 2,051 At March 31, 2022 $ in millions Amortized 1 Fair Annualized 2 Non-agency CMBS: Due within 1 year 167 167 4.2 % After 1 year through 5 years 90 89 3.4 % After 5 years through 10 years 798 753 3.6 % After 10 years 36 35 4.4 % Total 1,091 1,044 Total HTM securities 80,439 75,776 1.8 % Total investment securities $ 173,606 $ 166,130 1.6 % 1. Amounts are net of any ACL. 2. Annualized average yield is computed using the effective yield, weighted based on the amortized cost of each security. The effective yield is shown pre-tax and considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives. Gross Realized Gains (Losses) on Sales of AFS Securities Three Months Ended $ in millions 2022 2021 Gross realized gains $ 126 $ 145 Gross realized (losses) (82) (11) Total 1 $ 44 $ 134 1. Realized gains and losses are recognized in Other revenues in the income statement.

Collateralized Transactions

Collateralized Transactions	3 Months Ended
	Mar. 31, 2022
Collateralized Agreements [Abstract]
Collateralized Transactions	Collateralized Transactions Offsetting of Certain Collateralized Transactions At March 31, 2022 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 238,485 $ (110,718) $ 127,767 $ (123,988) $ 3,779 Securities borrowed 164,657 (13,662) 150,995 (143,492) 7,503 Liabilities Securities sold under agreements to repurchase $ 170,786 $ (110,718) $ 60,068 $ (53,563) $ 6,505 Securities loaned 27,884 (13,662) 14,222 (13,930) 292 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 2,772 Securities borrowed 849 Securities sold under agreements to repurchase 5,010 Securities loaned 151 At December 31, 2021 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 197,486 $ (77,487) $ 119,999 $ (106,896) $ 13,103 Securities borrowed 139,395 (9,682) 129,713 (124,028) 5,685 Liabilities Securities sold under agreements to repurchase $ 139,675 $ (77,487) $ 62,188 $ (53,692) $ 8,496 Securities loaned 21,981 (9,682) 12,299 (12,019) 280 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 12,514 Securities borrowed 1,041 Securities sold under agreements to repurchase 8,295 Securities loaned 139 1. Amounts relate to master netting agreements that have been determined by the Firm to be legally enforceable in the event of default but where certain other criteria are not met in accordance with applicable offsetting accounting guidance. For further discussion of the Firm’s collateralized transactions, see Note 2 and Note 9 to the financial statements in the 2021 Form 10-K. For information related to offsetting of derivatives, see Note 6. Gross Secured Financing Balances by Remaining Contractual Maturity At March 31, 2022 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 57,575 $ 55,401 $ 15,420 $ 42,390 $ 170,786 Securities loaned 17,040 — 675 10,169 27,884 Total included in the offsetting disclosure $ 74,615 $ 55,401 $ 16,095 $ 52,559 $ 198,670 Trading liabilities— 26,399 — — — 26,399 Total $ 101,014 $ 55,401 $ 16,095 $ 52,559 $ 225,069 At December 31, 2021 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 29,271 $ 53,987 $ 17,099 $ 39,318 $ 139,675 Securities loaned 11,480 364 650 9,487 21,981 Total included in the offsetting disclosure $ 40,751 $ 54,351 $ 17,749 $ 48,805 $ 161,656 Trading liabilities— 30,104 — — — 30,104 Total $ 70,855 $ 54,351 $ 17,749 $ 48,805 $ 191,760 Gross Secured Financing Balances by Class of Collateral Pledged $ in millions At At Securities sold under agreements to repurchase U.S. Treasury and agency securities $ 51,940 $ 30,790 Other sovereign government obligations 87,195 73,063 Corporate equities 19,200 25,881 Other 12,451 9,941 Total $ 170,786 $ 139,675 Securities loaned Other sovereign government obligations $ 858 $ 748 Corporate equities 26,528 20,656 Other 498 577 Total $ 27,884 $ 21,981 Total included in the offsetting disclosure $ 198,670 $ 161,656 Trading liabilities—Obligation to return securities received as collateral Corporate equities $ 26,370 $ 30,048 Other 29 56 Total $ 26,399 $ 30,104 Total $ 225,069 $ 191,760 Carrying Value of Assets Loaned or Pledged without Counterparty Right to Sell or Repledge $ in millions At At Trading assets $ 32,061 $ 32,458 The Firm pledges certain of its trading assets to collateralize securities sold under agreements to repurchase, securities loaned, other secured financings and derivatives and to cover customer short sales. Counterparties may or may not have the right to sell or repledge the collateral. Pledged financial instruments that can be sold or repledged by the secured party are identified as Trading assets (pledged to various parties) in the balance sheet. Fair Value of Collateral Received with Right to Sell or Repledge $ in millions At At Collateral received with right to sell or repledge $ 725,931 $ 672,104 Collateral that was sold or repledged 1 564,304 510,000 1. Does not include securities used to meet federal regulations for the Firm’s U.S. broker-dealers. The Firm receives collateral in the form of securities in connection with securities purchased under agreements to resell, securities borrowed, securities-for-securities transactions, derivative transactions, customer margin loans and securities-based lending. In many cases, the Firm is permitted to sell or repledge this collateral to secure securities sold under agreements to repurchase, to enter into securities lending and derivative transactions or to deliver to counterparties to cover short positions. Securities Segregated for Regulatory Purposes $ in millions At At Segregated securities 1 $ 30,324 $ 20,092 1. Securities segregated under federal regulations for the Firm’s U.S. broker-dealers are sourced from Securities purchased under agreements to resell and Trading assets in the balance sheet. Customer Margin and Other Lending $ in millions At At Margin and other lending $ 56,348 $ 71,532 The Firm provides margin lending arrangements that allow customers to borrow against the value of qualifying securities. Receivables from these arrangements are included within Customer and other receivables in the balance sheet. Under these arrangements, the Firm receives collateral, which includes U.S. government and agency securities, other sovereign government obligations, corporate and other debt, and corporate equities. Margin loans are collateralized by customer-owned securities held by the Firm. The Firm monitors required margin levels and established credit terms daily and, pursuant to such guidelines, requires customers to deposit additional collateral, or reduce positions, when necessary. For a further discussion of the Firm’s margin lending activities, see Note 9 to the financial statements in the 2021 Form 10-K. Also included in the amounts in the previous table is non-purpose securities-based lending on non-bank entities in the Wealth Management business segment. Other Secured Financings The Firm has additional secured liabilities. For a further discussion of other secured financings, see Note 12.

Loans, Lending Commitments and

Loans, Lending Commitments and Related Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans, Lending Commitments and Related Allowance for Credit Losses	Loans, Lending Commitments and Related Allowance for Credit Losses Loans by Type At March 31, 2022 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,105 $ 7,069 $ 13,174 Secured lending facilities 29,896 4,661 34,557 Commercial real estate 8,276 1,986 10,262 Residential real estate 47,236 6 47,242 Securities-based lending and Other loans 91,413 291 91,704 Total loans 182,926 14,013 196,939 ACL (679) (679) Total loans, net $ 182,247 $ 14,013 $ 196,260 Loans to non-U.S. borrowers, net $ 24,286 At December 31, 2021 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 5,567 $ 8,107 $ 13,674 Secured lending facilities 31,471 3,879 35,350 Commercial real estate 7,227 1,777 9,004 Residential real estate 44,251 7 44,258 Securities-based lending and Other loans 86,440 62 86,502 Total loans 174,956 13,832 188,788 ACL (654) (654) Total loans, net $ 174,302 $ 13,832 $ 188,134 Loans to non-U.S. borrowers, net $ 24,322 For additional information on the Firm’s held-for-investment and held-for-sale loan portfolios, see Note 10 to the financial statements in the 2021 Form 10-K. Loans by Interest Rate Type At March 31, 2022 At December 31, 2021 $ in millions Fixed Rate Floating or Adjustable Rate Fixed Rate Floating or Adjustable Rate Corporate $ — $ 13,174 $ — $ 13,674 Secured lending facilities — 34,557 — 35,350 Commercial real estate 342 9,920 343 8,661 Residential real estate 20,754 26,488 18,966 25,292 Securities-based lending and Other loans 24,705 66,999 22,832 63,670 Total loans, before ACL $ 45,801 $ 151,138 $ 42,141 $ 146,647 Note 4 for further information regarding Loans and lending commitments held at fair value. See Note 13 for details of current commitments to lend in the future. Loans Held for Investment before Allowance by Origination Year At March 31, 2022 At December 31, 2021 Corporate $ in millions IG NIG Total IG NIG Total Revolving $ 2,681 $ 2,541 $ 5,222 $ 2,356 $ 2,328 $ 4,684 2022 — 3 3 2021 — 94 94 — 85 85 2020 110 27 137 111 26 137 2019 — 169 169 — 176 176 2018 196 — 196 196 — 196 Prior 225 59 284 229 60 289 Total $ 3,212 $ 2,893 $ 6,105 $ 2,892 $ 2,675 $ 5,567 At March 31, 2022 At December 31, 2021 Secured Lending Facilities $ in millions IG NIG Total IG NIG Total Revolving $ 7,784 $ 18,539 $ 26,323 $ 7,603 $ 20,172 $ 27,775 2022 — 403 403 2021 32 429 461 32 467 499 2020 — 140 140 35 160 195 2019 43 753 796 43 819 862 2018 268 415 683 297 703 1,000 Prior 144 946 1,090 144 996 1,140 Total $ 8,271 $ 21,625 $ 29,896 $ 8,154 $ 23,317 $ 31,471 At March 31, 2022 At December 31, 2021 Commercial Real Estate $ in millions IG NIG Total IG NIG Total Revolving $ 4 $ 83 $ 87 $ 3 $ 149 $ 152 2022 122 1,020 1,142 2021 457 1,490 1,947 423 1,292 1,715 2020 92 812 904 91 819 910 2019 1,182 936 2,118 976 1,266 2,242 2018 603 325 928 527 416 943 Prior 188 962 1,150 189 1,076 1,265 Total $ 2,648 $ 5,628 $ 8,276 $ 2,209 $ 5,018 $ 7,227 At March 31, 2022 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 64 $ 24 $ 4 $ 92 $ — $ 92 2022 3,468 733 93 3,980 314 4,294 2021 12,115 2,623 263 13,996 1,005 15,001 2020 7,711 1,592 130 8,935 498 9,433 2019 4,520 1,039 143 5,351 351 5,702 2018 1,775 481 53 2,130 179 2,309 Prior 7,701 2,345 359 9,535 870 10,405 Total $ 37,354 $ 8,837 $ 1,045 $ 44,019 $ 3,217 $ 47,236 At December 31, 2021 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 65 $ 27 $ 4 $ 96 $ — $ 96 2021 12,230 2,638 257 14,116 1,009 15,125 2020 7,941 1,648 131 9,210 510 9,720 2019 4,690 1,072 140 5,536 366 5,902 2018 1,865 497 55 2,231 186 2,417 2017 2,157 558 65 2,588 192 2,780 Prior 5,973 1,919 319 7,485 726 8,211 Total $ 34,921 $ 8,359 $ 971 $ 41,262 $ 2,989 $ 44,251 At March 31, 2022 Securities-based Lending 1 Other 2 $ in millions IG NIG Total Revolving $ 75,570 $ 6,105 $ 988 $ 82,663 2022 720 477 85 1,282 2021 800 565 152 1,517 2020 — 596 657 1,253 2019 19 994 602 1,615 2018 213 273 288 774 Prior 16 1,682 611 2,309 Total $ 77,338 $ 10,692 $ 3,383 $ 91,413 December 31, 2021 Securities-based Lending 1 Other 2 $ in millions IG NIG Total Revolving $ 71,485 $ 6,170 $ 858 $ 78,513 2021 807 708 103 1,618 2020 — 651 626 1,277 2019 19 1,079 633 1,731 2018 232 273 375 880 2017 — 531 217 748 Prior 16 1,294 363 1,673 Total $ 72,559 $ 10,706 $ 3,175 $ 86,440 IG—Investment Grade NIG—Non-investment Grade 1. Securities-based loans are subject to collateral maintenance provisions, and at March 31, 2022 and December 31, 2021, these loans are predominantly over-collateralized. For more information on the ACL methodology related to securities-based loans, see Note 2 to the financial statements in the 2021 Form 10-K. 2. Other loans primarily include certain loans originated in the tailored lending business within the Wealth Management business segment. Past Due Loans Held for Investment before Allowance 1 $ in millions At March 31, 2022 At December 31, 2021 Residential real estate 191 209 1. The majority of the amounts are past due for a period of less than 90 days. Nonaccrual Loans Held for Investment before Allowance $ in millions At March 31, 2022 At December 31, 2021 Corporate $ 77 $ 34 Secured lending facilities 110 375 Commercial real estate 287 195 Residential real estate 119 138 Securities-based lending and Other loans 142 151 Total 1 $ 735 $ 893 Nonaccrual loans without an ACL $ 112 $ 356 1. Includes all loans held for investment that are 90 days or more past due as of March 31, 2022 and December 31, 2021. See Note 2 to the financial statements in the 2021 Form 10-K for a description of the ACL calculated under the CECL methodology, including credit quality indicators, used for HFI loans. Troubled Debt Restructurings $ in millions At March 31, 2022 At December 31, 2021 Loans, before ACL $ 30 $ 49 Allowance for credit losses — 8 Troubled debt restructurings typically include modifications of interest rates, collateral requirements, other loan covenants and payment extensions. See Note 2 to the financial statements in the 2021 Form 10-K for further information on TDR guidance issued by Congress in the CARES Act as well as by the U.S. banking agencies. Allowance for Credit Losses Rollforward and Allocation—Loans $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2021 $ 165 $ 163 $ 206 $ 60 $ 60 $ 654 Gross charge-offs — (3) (7) — (1) (11) Provision (release) 6 12 6 13 2 39 Other (1) — (2) — — (3) March 31, 2022 $ 170 $ 172 $ 203 $ 73 $ 61 $ 679 Percent of loans to total loans 1 3 % 16 % 5 % 26 % 50 % 100 % $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2020 $ 309 $ 198 $ 211 $ 59 $ 58 $ 835 Gross charge-offs (1) — (9) — — (10) Provision (release) (56) (3) 5 (5) 1 (58) Other (2) (2) (1) — — (5) March 31, 2021 $ 250 $ 193 $ 206 $ 54 $ 59 $ 762 Percent of loans to total loans 1 4 % 18 % 5 % 25 % 48 % 100 % CRE—Commercial real estate SBL—Securities-based lending 1. Percent of loans to total loans represents loans held for investment by loan type to total loans held for investment. Allowance for Credit Losses Rollforward—Lending Commitments $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2021 $ 356 $ 41 $ 20 $ 1 $ 26 $ 444 Provision (release) 20 8 (7) — (3) 18 Other (3) — — — — (3) March 31, 2022 $ 373 $ 49 $ 13 $ 1 $ 23 $ 459 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2020 $ 323 $ 38 $ 11 $ 1 $ 23 $ 396 Provision (release) (33) (4) (2) — (1) (40) Other (1) 1 (1) — (1) (2) March 31, 2021 $ 289 $ 35 $ 8 $ 1 $ 21 $ 354 The aggregate allowance for credit losses for loans and lending commitments increased in the current quarter, reflecting the Provision for credit losses primarily due to portfolio growth.The base scenario used in our ACL models as of March 31, 2022 was generated using a combination of industry consensus economic forecasts, forward rates, and internally developed and validated models, and assumes continued growth over the forecast period. Given the nature of our lending portfolio, the most sensitive model input is U.S. gross domestic product. For a further discussion of the Firm’s loans as well as the Firm’s allowance methodology, refer to Notes 2 and 10 to the financial statements in the 2021 Form 10-K. Selected Credit Ratios At At ACL to total loans 1 0.4 % 0.4 % Nonaccrual loans to total loans 2 0.4 % 0.5 % ACL to nonaccrual loans 3 92.4 % 73.2 % 1. Allowance for credit losses for loans to total loans held for investment. 2. Nonaccrual loans held for investment, which are loans that are 90 days or more past due, to total loans held for investment. 3. Allowance for credit losses for loans to nonaccrual loans held for investment. Employee Loans $ in millions At At Currently employed by the Firm 1 $ 3,759 $ 3,613 No longer employed by the Firm 2 105 $ 113 Employee loans $ 3,864 $ 3,726 ACL (146) (153) Employee loans, net of ACL $ 3,718 $ 3,573 Remaining repayment term, weighted average in years 5.7 5.7 1. These loans are predominantly current as of March 31, 2022 and December 31, 2021. 2. These loans are predominantly past due for a period of 90 days or more as of March 31, 2022 and December 31, 2021. Employee loans are granted in conjunction with a program established primarily to recruit certain Wealth Management representatives, are full recourse and generally require periodic repayments, and are due in full upon termination of employment with the Firm. These loans are recorded in Customer and other receivables in the balance sheet. See Note 2 to the financial statements in the 2021 Form 10-K for a description of the CECL allowance methodology, including credit quality indicators, for employee loans.

Other Assets - Equity Method In

Other Assets - Equity Method Investments	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Other Assets - Equity Method Investments	Other Assets—Equity Method Investments Equity Method Investments $ in millions At At Investments $ 2,138 $ 2,214 Three Months Ended $ in millions 2022 2021 Income (loss) $ 6 $ (24) Equity method investments, other than investments in certain fund interests, are summarized above and are included in Other assets in the balance sheet with related income or loss included in Other revenues in the income statement. See “Net Asset Value Measurements—Fund Interests” in Note 4 for the carrying value of certain of the Firm’s fund interests, which are composed of general and limited partnership interests, as well as any related carried interest. Japanese Securities Joint Venture Three Months Ended $ in millions 2022 2021 Income (loss) from investment in MUMSS $ 4 $ 32 For more information on Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (“MUMSS”) and other relationships with Mitsubishi UFJ Financial Group, Inc., see Note 12 to the financial statements in the 2021 Form 10-K.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Deposits	Deposits Deposits $ in millions At At Savings and demand deposits $ 348,651 $ 332,747 Time deposits 12,189 14,827 Total $ 360,840 $ 347,574 Deposits subject to FDIC insurance $ 234,779 $ 230,894 Deposits not subject to FDIC insurance $ 126,061 $ 116,680 Time Deposit Maturities $ in millions At 2022 $ 3,423 2023 4,187 2024 2,796 2025 882 2026 306 Thereafter 595 Total $ 12,189

Borrowings and Other Secured Fi

Borrowings and Other Secured Financings	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Borrowings and Other Secured Financings	Borrowings and Other Secured Financings Borrowings $ in millions At At Original maturities of one year or less $ 4,146 $ 5,764 Original maturities greater than one year Senior $ 212,687 $ 213,776 Subordinated 12,984 13,587 Total $ 225,671 $ 227,363 Total borrowings $ 229,817 $ 233,127 Weighted average stated maturity, in years 1 7.3 7.7 1. Only includes borrowings wit h original maturities greater than one year. Other Secured Financings $ in millions At At Original maturities: One year or less $ 3,778 $ 4,573 Greater than one year 5,030 5,468 Total $ 8,808 $ 10,041 Transfers of assets accounted for as secured financings $ 1,071 $ 1,556 O ther secured financings include the liabilities related to collateralized notes, transfers of financial assets that are accounted for as financings rather than sales and consolidated VIEs where the Firm is deemed to be the primary beneficiary. These liabilities are generally payable from the cash flows of the related assets accounted for as Trading assets. See Note 14 for further information on other secured financings related to VIEs and securitization activities. For transfers of assets that fail to meet accounting criteria for a sale, the Firm continues to record the assets and recognizes the associated liabilities in the balance sheet.

Commitments, Guarantees and Con

Commitments, Guarantees and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments, Guarantees and Contingencies	Commitments, Guarantees and Contingencies Commitments Years to Maturity at March 31, 2022 $ in millions Less than 1 1-3 3-5 Over 5 Total Lending: Corporate $ 14,186 $ 36,316 $ 50,242 $ 6,200 $ 106,944 Secured lending facilities 6,524 7,576 3,640 553 18,293 Commercial and Residential real estate 412 813 26 259 1,510 Securities-based lending and Other 11,447 3,380 506 412 15,745 Forward-starting secured financing receivables 61,272 — — — 61,272 Central counterparty 300 — — 4,772 5,072 Underwriting 40 3,150 — — 3,190 Investment activities 1,157 176 52 380 1,765 Letters of credit and other financial guarantees 129 — — 3 132 Total $ 95,467 $ 51,411 $ 54,466 $ 12,579 $ 213,923 Lending commitments participated to third parties $ 7,963 Forward-starting secured financing receivables settled within three business days $ 51,192 Since commitments associated with these instruments may expire unused, the amounts shown do not necessarily reflect the actual future cash funding requirements. For a further description of these commitments, refer to Note 15 to the financial statements in the 2021 Form 10-K. Guarantees At March 31, 2022 Maximum Potential Payout/Notional of Obligations by Years to Maturity Carrying Amount Asset (Liability) $ in millions Less than 1 1-3 3-5 Over 5 Non-credit derivatives 1 $ 1,316,262 $ 914,129 $ 322,125 $ 821,128 $ (67,840) Standby letters of credit and other financial guarantees issued 2 1,441 1,079 1,124 2,686 29 Market value guarantees 89 2 — — — Liquidity facilities 4,382 — — — 4 Whole loan sales guarantees — 2 85 23,095 — Securitization representations and warranties 3 — — — 79,059 (42) General partner guarantees 348 12 32 152 (79) Client clearing guarantees 150 — — — — 1. The carrying amounts of derivative contracts that meet the accounting definition of a guarantee are shown on a gross basis. For further information on derivatives contracts, see Note 6. 2. These amounts include certain issued standby letters of credit participated to third parties, totaling $0.8 billion of notional and collateral/recourse, due to the nature of the Firm’s obligations under these arrangements. As of March 31, 2022, the carrying amount of standby letters of credit and other financial guarantees issued includes an allowance for credit losses of $78 million. 3. Related to commercial and residential mortgage securitizations. The Firm has obligations under certain guarantee arrangements, including contracts and indemnification agreements, that contingently require the Firm to make payments to the guaranteed party based on changes in an underlying measure (such as an interest or foreign exchange rate, security or commodity price, an index, or the occurrence or non-occurrence of a specified event) related to an asset, liability or equity security of a guaranteed party. Also included as guarantees are contracts that contingently require the Firm to make payments to the guaranteed party based on another entity’s failure to perform under an agreement, as well as indirect guarantees of the indebtedness of others. For more information on the nature of the obligations and related business activities for our guarantees, see Note 15 to the financial statements in the 2021 Form 10-K. Other Guarantees and Indemnities In the normal course of business, the Firm provides guarantees and indemnifications in a variety of transactions. These provisions generally are standard contractual terms. Certain of these guarantees and indemnifications related to indemnities, exchange and clearinghouse member guarantees and merger and acquisition guarantees are described in Note 15 to the financial statements in the 2021 Form 10-K. In addition, in the ordinary course of business, the Firm guarantees the debt and/or certain trading obligations (including obligations associated with derivatives, foreign exchange contracts and the settlement of physical commodities) of certain subsidiaries. These guarantees generally are entity or product specific and are required by investors or trading counterparties. The activities of the Firm’s subsidiaries covered by these guarantees (including any related debt or trading obligations) are included in the financial statements. Finance Subsidiary The Parent Company fully and unconditionally guarantees the securities issued by Morgan Stanley Finance LLC, a wholly owned finance subsidiary. No other subsidiary of the Parent Company guarantees these securities. Contingencies Legal In addition to the matter described below, in the normal course of business, the Firm has been named, from time to time, as a defendant in various legal actions, including arbitrations, class actions and other litigation, arising in connection with its activities as a global diversified financial services institution. Certain of the actual or threatened legal actions include claims for substantial compensatory and/or punitive damages or claims for indeterminate amounts of damages. In some cases, the entities that would otherwise be the primary defendants in such cases are bankrupt or are in financial distress. These actions have included, but are not limited to, antitrust, false claims act, residential mortgage and credit crisis-related matters. While the Firm has identified below any individual proceedings where the Firm believes a material loss to be reasonably possible and reasonably estimable, there can be no assurance that material losses will not be incurred from claims that have not yet been asserted or those where potential losses have not yet been determined to be probable or possible and reasonably estimable. In many proceedings and investigations, however, it is inherently difficult to determine whether any loss is probable or even possible or to estimate the amount of any loss. In addition, even where a loss is possible or an exposure to loss exists in excess of the liability already accrued with respect to a previously recognized loss contingency, it is not always possible to reasonably estimate the size of the possible loss or range of loss, particularly for proceedings and investigations where the factual record is being developed or contested or where plaintiffs or government entities seek substantial or indeterminate damages, restitution, disgorgement or penalties. Numerous issues may need to be resolved before a loss or additional loss, or range of loss or additional range of loss, can be reasonably estimated for a proceeding or investigation, including through potentially lengthy discovery and determination of important factual matters, determination of issues related to class certification and the calculation of damages or other relief, and consideration of novel or unsettled legal questions relevant to the proceedings or investigations in question. For certain other legal proceedings and investigations, the Firm can estimate reasonably possible losses, additional losses, ranges of loss or ranges of additional loss in excess of amounts accrued but does not believe, based on current knowledge and after consultation with counsel, that such losses could have a material adverse effect on the Firm’s financial statements as a whole, other than the matter referred to in the following paragraph. Tax In matters styled Case number 15/3637 and Case number 15/4353 , the Dutch Tax Authority (“Dutch Authority”) is challenging in the Dutch courts the prior set-off by the Firm of approximately €124 million (approximately $137 million) plus accrued interest of withholding tax credits against the Firm’s corporation tax liabilities for the tax years 2007 to 2012. The Dutch Authority alleges that the Firm was not entitled to receive the withholding tax credits on the basis, inter alia, that a Firm subsidiary did not hold legal title to certain securities subject to withholding tax on the relevant dates. The Dutch Authority has also alleged that the Firm failed to provide certain information to the Dutch Authority and to keep adequate books and records. On April 26, 2018, the District Court in Amsterdam issued a decision dismissing the Dutch Authority’s claims with respect to certain of the tax years in dispute. On May 12, 2020, the Court of Appeal in Amsterdam granted the Dutch Authority’s appeal in matters re-styled Case number 18/00318 and Case number 18/00319 . On June 22, 2020, the Firm filed an appeal against the decision of the Court of Appeal in Amsterdam before the Dutch High Court. On January 29, 2021, the Advocate General of the Dutch High Court issued an advisory opinion on the Firm’s appeal, which rejected the Firm’s principal grounds of appeal. On February 11, 2021, the Firm and the Dutch Authority each responded to this opinio n. On June 22, 2021, Dutch criminal authorities sought various documents in connection with an investigation of the Firm related to the civil claims asserted by the Dutch Authority concerning the accuracy of the Firm subsidiary’s tax returns and the maintenance of its books and records for 2007 to 2012.

Variable Interest Entities and

Variable Interest Entities and Securitization Activities	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities and Securitization Activities [Abstract]
Variable Interest Entities and Securitization Activities	Variable Interest Entities and Securitization Activities Consolidated VIE Assets and Liabilities by Type of Activity At March 31, 2022 At December 31, 2021 $ in millions VIE Assets VIE Liabilities VIE Assets VIE Liabilities MABS 1 $ 1,272 $ 383 $ 1,177 $ 409 Investment vehicles 2 813 429 717 294 Operating entities 509 37 508 39 Other 579 288 510 286 Total $ 3,173 $ 1,137 $ 2,912 $ 1,028 1. Amounts include transactions backed by residential mortgage loans, commercial mortgage loans and other types of assets, including consumer or commercial assets and may be in loan or security form. The value of assets is determined based on the fair value of the liabilities and the interests owned by the Firm in such VIEs as the fair values for the liabilities and interests owned are more observable. 2. Amounts include investment funds and CLOs. Consolidated VIE Assets and Liabilities by Balance Sheet Caption $ in millions At At Assets Cash and cash equivalents $ 334 $ 341 Trading assets at fair value 2,252 1,965 Investment securities 34 37 Securities purchased under agreements to resell 200 200 Customer and other receivables 26 31 Intangible assets 82 85 Other assets 245 253 Total $ 3,173 $ 2,912 Liabilities Other secured financings $ 963 $ 767 Other liabilities and accrued expenses 174 261 Total $ 1,137 $ 1,028 Noncontrolling interests $ 119 $ 115 Consolidated VIE assets and liabilities are presented in the previous tables after intercompany eliminations. Generally, most assets owned by consolidated VIEs cannot be removed unilaterally by the Firm and are not available to the Firm while the related liabilities issued by consolidated VIEs are non-recourse to the Firm. However, in certain consolidated VIEs, the Firm either has the unilateral right to remove assets or provides additional recourse through derivatives such as total return swaps, guarantees or other forms of involvement. In general, the Firm’s exposure to loss in consolidated VIEs is limited to losses that would be absorbed on the VIE net assets recognized in its financial statements, net of amounts absorbed by third-party variable interest holders. Non-consolidated VIEs At March 31, 2022 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 116,627 $ 1,379 $ 6,465 $ 2,043 $ 54,186 Maximum exposure to loss 3 Debt and equity interests $ 13,005 $ 157 $ — $ 1,449 $ 11,055 Derivative and other contracts — — 4,382 — 4,374 Commitments, guarantees and other 1,007 — — — 1,454 Total $ 14,012 $ 157 $ 4,382 $ 1,449 $ 16,883 Carrying value of variable interests—Assets Debt and equity interests $ 13,005 $ 157 $ — $ 1,449 $ 11,055 Derivative and other contracts — — 6 — 1,642 Total $ 13,005 $ 157 $ 6 $ 1,449 $ 12,697 Additional VIE assets owned 4 $ 13,339 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 1 $ — $ 280 At December 31, 2021 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 146,071 $ 667 $ 6,089 $ 2,086 $ 52,111 Maximum exposure to loss 3 Debt and equity interests $ 18,062 $ 129 $ — $ 1,459 $ 10,339 Derivative and other contracts — — 4,100 — 5,599 Commitments, guarantees and other 771 — — — 1,005 Total $ 18,833 $ 129 $ 4,100 $ 1,459 $ 16,943 Carrying value of variable interests – Assets Debt and equity interests $ 18,062 $ 129 $ — $ 1,459 $ 10,339 Derivative and other contracts — — 5 — 2,006 Total $ 18,062 $ 129 $ 5 $ 1,459 $ 12,345 Additional VIE assets owned 4 $ 15,392 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ — $ — $ 362 MTOB—Municipal tender option bonds 1. Amounts include transactions backed by residential mortgage loans, commercial mortgage loans and other types of assets, including consumer or commercial assets, and may be in loan or security form. 2. Other primarily includes exposures to commercial real estate property and investment funds. 3. Where notional amounts are utilized in quantifying the maximum exposure related to derivatives, such amounts do not reflect changes in fair value recorded by the Firm. 4. Additional VIE assets owned represents the carrying value of total exposure to non-consolidated VIEs for which the maximum exposure to loss is less than specific thresholds, primarily interests issued by securitization SPEs. The Firm’s maximum exposure to loss generally equals the fair value of the assets owned. These assets are primarily included in Trading assets and Investment securities and are measured at fair value (see Note 4). The Firm does not provide additional support in these transactions through contractual facilities, guarantees or similar derivatives. The majority of the VIEs included in the previous tables are sponsored by unrelated parties; examples of the Firm’s involvement with these VIEs include its secondary market-making activities and the securities held in its Investment securities portfolio (see Note 7). The Firm’s maximum exposure to loss is dependent on the nature of the Firm’s variable interest in the VIE and is limited to the notional amounts of certain liquidity facilities and other credit support, total return swaps and written put options, as well as the fair value of certain other derivatives and investments the Firm has made in the VIE. The Firm’s maximum exposure to loss in the previous tables does not include the offsetting benefit of hedges or any reductions associated with the amount of collateral held as part of a transaction with the VIE or any party to the VIE directly against a specific exposure to loss. Liabilities issued by VIEs generally are non-recourse to the Firm. Detail of Mortgage- and Asset-Backed Securitization Assets At March 31, 2022 At December 31, 2021 $ in millions UPB Debt and Equity Interests UPB Debt and Equity Interests Residential mortgages $ 12,741 $ 2,164 $ 15,216 $ 2,182 Commercial mortgages 67,450 4,058 68,503 4,092 U.S. agency collateralized mortgage obligations 31,914 4,818 57,972 9,835 Other consumer or commercial loans 4,522 1,965 4,380 1,953 Total $ 116,627 $ 13,005 $ 146,071 $ 18,062 Transferred Assets with Continuing Involvement At March 31, 2022 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2 $ 8,677 $ 101,928 $ 33,602 $ 12,574 Retained interests Investment grade $ 96 $ 754 $ 363 $ — Non-investment grade 26 576 — 57 Total $ 122 $ 1,330 $ 363 $ 57 Interests purchased in the secondary market Investment grade $ 55 $ 65 $ 134 $ 4 Non-investment grade 44 49 — 2 Total $ 99 $ 114 $ 134 $ 6 Derivative assets $ — $ — $ — $ 1,050 Derivative liabilities — — — 185 At December 31, 2021 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2 $ 6,802 $ 94,276 $ 28,697 $ 13,121 Retained interests Investment grade $ 72 $ 638 $ 465 $ — Non-investment grade 19 586 — 69 Total $ 91 $ 1,224 $ 465 $ 69 Interests purchased in the secondary market Investment grade $ 18 $ 118 $ 33 $ — Non-investment grade 38 53 — 4 Total $ 56 $ 171 $ 33 $ 4 Derivative assets $ — $ — $ — $ 891 Derivative liabilities — — — 284 Fair Value At March 31, 2022 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 461 $ — $ 461 Non-investment grade 11 45 56 Total $ 472 $ 45 $ 517 Interests purchased in the secondary market Investment grade $ 250 $ 8 $ 258 Non-investment grade 60 35 95 Total $ 310 $ 43 $ 353 Derivative assets $ 1,050 $ — $ 1,050 Derivative liabilities 140 45 185 Fair Value at December 31, 2021 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 536 $ 2 $ 538 Non-investment grade 40 40 80 Total $ 576 $ 42 $ 618 Interests purchased in the secondary market Investment grade $ 168 $ 1 $ 169 Non-investment grade 70 25 95 Total $ 238 $ 26 $ 264 Derivative assets $ 891 $ — $ 891 Derivative liabilities 194 90 284 RML—Residential mortgage loans CML—Commercial mortgage loans 1. Amounts include CLO transactions managed by unrelated third parties. 2. Amounts include assets transferred by unrelated transferors. The previous tables include transactions with SPEs in which the Firm, acting as principal, transferred financial assets with continuing involvement and received sales treatment. The transferred assets are carried at fair value prior to securitization, and any changes in fair value are recognized in the income statement. The Firm may act as underwriter of the beneficial interests issued by these securitization vehicles, for which Investment banking revenues are recognized. The Firm may retain interests in the securitized financial assets as one or more tranches of the securitization. These retained interests are generally carried at fair value in the balance sheet with changes in fair value recognized in the income statement. Fair value for these interests is measured using techniques that are consistent with the valuation techniques applied to the Firm’s major categories of assets and liabilities as described in Note 2 in the 2021 Form 10-K and Note 4 herein. Further, as permitted by applicable guidance, certain transfers of assets where the Firm’s only continuing involvement is a derivative are only reported in the following Assets Sold with Retained Exposure table. Proceeds from New Securitization Transactions and Sales of Loans Three Months Ended $ in millions 2022 2021 New transactions 1 $ 8,260 $ 14,790 Retained interests 1,622 2,579 Sales of corporate loans to CLO SPEs 1, 2 4 — 1. Net gains on new transactions and sales of corporate loans to CLO entities at the time of the sale were not material for all periods presented. 2. Sponsored by non-affiliates. The Firm has provided, or otherwise agreed to be responsible for, representations and warranties regarding certain assets transferred in securitization transactions sponsored by the Firm (see Note 13). Assets Sold with Retained Exposure $ in millions At At Gross cash proceeds from sale of assets 1 $ 60,826 $ 67,930 Fair value Assets sold $ 62,015 $ 68,992 Derivative assets recognized in the balance sheet 1,474 1,195 Derivative liabilities recognized in the balance sheet 284 132 1. The carrying value of assets derecognized at the time of sale approximates gross cash proceeds. The Firm enters into transactions in which it sells securities, primarily equities, and contemporaneously enters into bilateral OTC derivatives with the purchasers of the securities, through which it retains exposure to the sold securities. For a discussion of the Firm’s VIEs, the determination and structure of VIEs and securitization activities, see Note 16 to the financial statements in the 2021 Form 10-K.

Regulatory Requirements

Regulatory Requirements	3 Months Ended
	Mar. 31, 2022
Brokers and Dealers [Abstract]
Regulatory Requirements	Regulatory Requirements Regulatory Capital Framework and Requirements For a discussion of the Firm’s regulatory capital framework, see Note 17 to the financial statements in the 2021 Form 10-K. The Firm is required to maintain minimum risk-based and leverage-based capital ratios under regulatory capital requirements. A summary of the calculations of regulatory capital and RWA follows. Risk-Based Regulatory Capital. Risk-based capital ratio requirements apply to Common Equity Tier 1 capital, Tier 1 capital and Total capital (which includes Tier 2 capital), each as a percentage of RWA, and consist of regulatory minimum required ratios plus the Firm’s capital buffer requirement. Capital requirements require certain adjustments to, and deductions from, capital for purposes of determining these ratios. At March 31, 2022 and December 31, 2021, the differences between the actual and required ratios were lower under the Standardized Approach. CECL Deferral. As of December 31, 2021, the risk-based and leverage-based capital amounts and ratios, as well as RWA, adjusted average assets and supplementary leverage exposure were calculated excluding the effect of the adoption of CECL based on the Firm’s election to defer this effect over a five-year transition period that began on January 1, 2020. In 2022 t he deferral impacts began to phase in at 25% per year and will become fully phased-in beginning in 2025. Capital Buffer Requirements At March 31, 2022 and December 31, 2021 Standardized Advanced Capital buffers Capital conservation buffer — 2.5% SCB 5.7% N/A G-SIB capital surcharge 3.0% 3.0% CCyB 1 0% 0% Capital buffer requirement 8.7% 5.5% 1. The CCyB can be set up to 2.5%, but is currently set by the Federal Reserve at zero. The capital buffer requirement represents the amount of Common Equity Tier 1 capital the Firm must maintain above the minimum risk-based capital requirements in order to avoid restrictions on the Firm’s ability to make capital distributions, including the payment of dividends and the repurchase of stock, and to pay discretionary bonuses to executive officers. The Firm’s Standardized Approach capital buffer requirement is equal to the sum of the SCB, G-SIB capital surcharge and CCyB, and the Advanced Approach capital buffer requirement is equal to the 2.5% capital conservation buffer, G-SIB capital surcharge and CCyB. Risk-Based Regulatory Capital Ratio Requirements Regulatory Minimum At March 31, 2022 and December 31, 2021 Standardized Advanced Required ratios 1 Common Equity Tier 1 capital ratio 4.5 % 13.2% 10.0% Tier 1 capital ratio 6.0 % 14.7% 11.5% Total capital ratio 8.0 % 16.7% 13.5% 1. Required ratios represent the regulatory minimum plus the capital buffer requirement. The Firm’s Regulatory Capital and Capital Ratios $ in millions Required 1 At March 31, 2022 At December 31, 2021 Risk-based capital Common Equity Tier 1 capital $ 72,477 $ 75,742 Tier 1 capital 80,121 83,348 Total capital 89,468 93,166 Total RWA 501,429 471,921 Common Equity Tier 1 capital ratio 13.2 % 14.5 % 16.0 % Tier 1 capital ratio 14.7 % 16.0 % 17.7 % Total capital ratio 16.7 % 17.8 % 19.7 % $ in millions Required Ratio 1 At March 31, 2022 At December 31, 2021 Leverage-based capital Adjusted average assets 2 $ 1,184,494 $ 1,169,939 Tier 1 leverage ratio 4.0 % 6.8 % 7.1 % Supplementary leverage exposure 3 $ 1,466,624 $ 1,476,962 SLR 5.0 % 5.5 % 5.6 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. 2. Adjusted average assets represents the denominator of the Tier 1 leverage ratio and is composed of the average daily balance of consolidated on-balance sheet assets for the quarters ending on the respective balance sheet dates, reduced by disallowed goodwill, intangible assets, investments in covered funds, defined benefit pension plan assets, after-tax gain on sale from assets sold into securitizations, investments in the Firm’s own capital instruments, certain defined tax assets and other capital deductions. 3. Supplementary leverage exposure is the sum of Adjusted average assets used in the Tier 1 leverage ratio and other adjustments, primarily: (i) for derivatives, potential future exposure and the effective notional principal amount of sold credit protection, offset by qualifying purchased credit protection; (ii) the counterparty credit risk for repo-style transactions; and (iii) the credit equivalent amount for off-balance sheet exposures. U.S. Bank Subsidiaries’ Regulatory Capital and Capital Ratios The OCC establishes capital requirements for the Firm’s U.S. bank subsidiaries, which includes Morgan Stanley Bank, N.A. (“MSBNA”) and Morgan Stanley Private Bank, National Association (“MSPBNA”) (collectively, “U.S. Bank Subsidiaries”), and evaluates their compliance with such capital requirements. Regulatory capital requirements for the U.S. Bank Subsidiaries are calculated in a similar manner to the Firm’s regulatory capital requirements, although G-SIB capital surcharge and SCB requirements do not apply to the U.S. Bank Subsidiaries. The OCC’s regulatory capital framework includes Prompt Corrective Action (“PCA”) standards, including “well-capitalized” PCA standards that are based on specified regulatory capital ratio minimums. For the Firm to remain an FHC, its U.S. Bank Subsidiaries must remain well-capitalized in accordance with the OCC’s PCA standards. In addition, failure by the U.S. Bank Subsidiaries to meet minimum capital requirements may result in certain mandatory and discretionary actions by regulators that, if undertaken, could have a direct material effect on the U.S. Bank Subsidiaries’ and the Firm’s financial statements. At March 31, 2022 and December 31, 2021, MSBNA and MSPBNA risk-based capital ratios are based on the Standardized Approach rules. As of December 31, 2021, the risk-based and leverage-based capital amounts and ratios were calculated excluding the effect of the adoption of CECL based on MSBNA’s and MSPBNA’s election to defer this effect over a five-year transition period that began on January 1, 2020. In 2022 t he deferral impacts began to phase in at 25% per year and will become fully phased-in beginning in 2025. MSBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At March 31, 2022 At December 31, 2021 $ in millions Amount Ratio Amount Ratio Risk-based capital Common Equity Tier 1 capital 6.5 % 7.0 % $ 18,386 18.7 % $ 18,960 20.5 % Tier 1 capital 8.0 % 8.5 % 18,386 18.7 % 18,960 20.5 % Total capital 10.0 % 10.5 % 18,961 19.3 % 19,544 21.1 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 18,386 9.3 % $ 18,960 10.2 % SLR 6.0 % 3.0 % 18,386 7.4 % 18,960 8.1 % MSPBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At March 31, 2022 2 At December 31, 2021 $ in millions Amount Ratio Amount Ratio Risk-based capital Common Equity Tier 1 capital 6.5 % 7.0 % $ 15,142 29.4 % $ 10,293 24.3 % Tier 1 capital 8.0 % 8.5 % 15,142 29.4 % 10,293 24.3 % Total capital 10.0 % 10.5 % 15,237 29.6 % 10,368 24.5 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 15,142 7.4 % $ 10,293 6.9 % SLR 6.0 % 3.0 % 15,142 7.3 % 10,293 6.7 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. Failure to maintain the buffers would result in restrictions on the ability to make capital distributions, including the payment of dividends. 2. Regulatory capital amounts and ratios as of March 31, 2022 include the amounts from E*TRADE Bank (“ETB”) and E*TRADE Savings Bank (“ETSB”) as a result of the merger described herein. Additionally, MSBNA is conditionally registered with the SEC as a security-based swap dealer and is provisionally registered with the CFTC as a swap dealer. However, as MSBNA is prudentially regulated as a bank, its capital requirements continue to be determined by its banking regulators. Other Regulatory Capital Requirements MS&Co. Regulatory Capital $ in millions At March 31, At December 31, Net capital $ 16,799 $ 18,383 Excess net capital 12,261 14,208 MS&Co. is registered as a broker-dealer and a futures commission merchant with the SEC and the CFTC, respectively, and provisionally registered as a swap dealer with the CFTC. As an Alternative Net Capital broker-dealer, and in accordance with Securities Exchange Act of 1934 (“Exchange Act”) Rule 15c3-1, Appendix E, MS&Co. is subject to minimum net capital and tentative net capital requirements and operates with capital in excess of its regulatory capital requirements. As a futures commission merchant and provisionally-registered swap dealer, MS&Co. is subject to CFTC capital requirements. In addition, MS&Co. must notify the SEC if its tentative net capital falls below certain levels. At March 31, 2022 and December 31, 2021, MS&Co. exceeded its net capital requirement and had tentative net capital in excess of the minimum and notification requirements. Other Regulated Subsidiaries The following subsidiaries are also subject to various regulatory capital requirements and operated with capital in excess of their respective regulatory capital requirements as of March 31, 2022 and December 31, 2021, as applicable: • MSSB, • MSIP, • Morgan Stanley Europe Holdings SE Group, including MSESE, • MSMS, • MSCS, • MSCG, and • E*TRADE Securities LLC. ETB and ETSB were each previously subject to the capital requirements of the OCC until January 1, 2022, when ETSB merged with and into ETB, and subsequently ETB merged with and into MSPBNA, with MSPBNA as the surviving bank. See Note 17 to the financial statements in the 2021 Form 10- K for further information.

Total Equity

Total Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Total Equity	Total Equity Preferred Stock Shares Outstanding Carrying Value $ in millions, except per share data At Liquidation Preference per Share At At Series A 44,000 $ 25,000 $ 1,100 $ 1,100 C 1 519,882 1,000 408 408 E 34,500 25,000 862 862 F 34,000 25,000 850 850 I 40,000 25,000 1,000 1,000 K 40,000 25,000 1,000 1,000 L 20,000 25,000 500 500 M 400,000 1,000 430 430 N 3,000 100,000 300 300 O 52,000 25,000 1,300 1,300 Total $ 7,750 $ 7,750 Shares authorized 30,000,000 1. Series C preferred stock is held by MUFG. On March 15, 2021, the Firm announced the redemption in whole of its outstanding Series J preferred stock. On notice of redemption, the amount due to holders of Series J Preferred Stock was reclassified to Borrowings, and on April 15, 2021, the redemption settled at the carrying value of $1.5 billion. For a description of Series A through Series O preferred stock, see Note 18 to the financial statements in the 2021 Form 10-K. The Firm’s preferred stock has a preference over its common stock upon liquidation. The Firm’s preferred stock qualifies as and is included in Tier 1 capital in accordance with regulatory capital requirements (see Note 15). Share Repurchases Three Months Ended March 31, $ in millions 2022 2021 Repurchases of common stock under the Firm’s Share Repurchase Program $ 2,872 $ 2,135 On June 28, 2021, the Firm announced that its Board of Directors authorized the repurchase of up to $12 billion of outstanding common stock from July 1, 2021 through June 30, 2022, from time to time as conditions warrant. For more information on share repurchases, see Note 18 to the fi nancial statements in the 2021 Form 10-K. Common Shares Outstanding for Basic and Diluted EPS Three Months Ended in millions 2022 2021 Weighted average common shares outstanding, basic 1,733 1,795 Effect of dilutive RSUs and PSUs 22 23 Weighted average common shares outstanding and common stock equivalents, diluted 1,755 1,818 Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) 5 1 Dividends $ in millions, except per share data Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 242 $ 11 $ 250 $ 11 C 25 13 25 13 E 445 15 445 15 F 430 14 430 14 H 2 — — 241 13 I 398 16 398 16 J 3 — — 253 15 K 366 15 366 15 L 305 6 305 6 M 4 29 12 29 12 N 5 2,650 8 2,650 8 O 6 266 14 — — Total Preferred stock $ 124 $ 138 Common stock $ 0.70 $ 1,252 $ 0.35 $ 635 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. A notice of redemption was issued for Series H preferred stock on November 19, 2021. 3. Series J was payable semiannually until July 15, 2020, after which it was payable quarterly until its redemption. 4. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 5. Series N is payable semiannually until March 15, 2023 and thereafter will be payable quarterly. 6. Series O is payable semiannually until January 15, 2027 and thereafter will be payable quarterly. Accumulated Other Comprehensive Income (Loss) 1 $ in millions CTA AFS Securities Pension and Other DVA Total December 31, 2021 $ (1,002) $ 245 $ (551) $ (1,794) $ (3,102) OCI during the period (48) (2,395) 5 638 (1,800) March 31, 2022 $ (1,050) $ (2,150) $ (546) $ (1,156) $ (4,902) December 31, 2020 $ (795) $ 1,787 $ (498) $ (2,456) $ (1,962) OCI during the period (141) (776) 5 120 (792) March 31, 2021 $ (936) $ 1,011 $ (493) $ (2,336) $ (2,754) CTA—Cumulative foreign currency translation adjustments 1. Amounts are net of tax and noncontrolling interests. Components of Period Changes in OCI Three Months Ended March 31, 2022 $ in millions Pre-tax Income After-tax Non- Net CTA OCI activity $ (60) $ (45) $ (105) $ (57) $ (48) Reclassified to earnings — — — — — Net OCI $ (60) $ (45) $ (105) $ (57) $ (48) Change in net unrealized gains (losses) on AFS securities OCI activity $ (3,084) $ 723 $ (2,361) $ — $ (2,361) Reclassified to earnings (44) 10 (34) — (34) Net OCI $ (3,128) $ 733 $ (2,395) $ — $ (2,395) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings 5 — 5 — 5 Net OCI $ 5 $ — $ 5 $ — $ 5 Change in net DVA OCI activity $ 871 $ (211) $ 660 $ 22 $ 638 Reclassified to earnings — — — — — Net OCI $ 871 $ (211) $ 660 $ 22 $ 638 Three Months Ended March 31, 2021 $ in millions Pre-tax Income After-tax Non- Net CTA OCI activity $ (104) $ (115) $ (219) $ (78) $ (141) Reclassified to earnings — — — — — Net OCI $ (104) $ (115) $ (219) $ (78) $ (141) Change in net unrealized gains (losses) on AFS securities OCI activity $ (876) $ 203 $ (673) $ — $ (673) Reclassified to earnings (134) 31 (103) — (103) Net OCI $ (1,010) $ 234 $ (776) $ — $ (776) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings 7 (2) 5 — 5 Net OCI $ 7 $ (2) $ 5 $ — $ 5 Change in net DVA OCI activity $ 167 $ (43) $ 124 $ 17 $ 107 Reclassified to earnings 17 (4) 13 — 13 Net OCI $ 184 $ (47) $ 137 $ 17 $ 120

Interest Income and Interest Ex

Interest Income and Interest Expense	3 Months Ended
	Mar. 31, 2022
Interest Income (Expense), Net [Abstract]
Interest Income and Interest Expense	Interest Income and Interest Expense Three Months Ended $ in millions 2022 2021 Interest income Investment securities $ 777 $ 849 Loans 1,156 988 Securities purchased under agreements to resell 1,2 13 (55) Securities borrowed 1,3 (217) (241) Trading assets, net of Trading liabilities 524 510 Customer receivables and Other 4 397 386 Total interest income $ 2,650 $ 2,437 Interest expense Deposits $ 73 $ 120 Borrowings 685 714 Securities sold under agreements to repurchase 1,5 49 37 Securities loaned 1,6 93 77 Customer payables and Other 7 (466) (539) Total interest expense $ 434 $ 409 Net interest $ 2,216 $ 2,028 1. Certain prior period amounts have been reclassified to conform to the current prese ntation. 2. Includes interest paid on Securities purchased under agreements to resell. 3. Includes fees paid on Securities borrowed. 4. Includes interest from Cash and cash equivalents. 5. Includes interest received on Securities sold under agreements to repurchase. 6. Includes fees received on Securities loaned. 7. Includes fees received from Equity Financing customers related to their short transactions, which can be under either margin or securities lending arrangements. Interest income and Interest expense are classified in the income statement based on the nature of the instrument and related market conventions. When included as a component of the instrument’s fair value, interest is included within Trading revenues or Investments revenues. Otherwise, it is included within Interest income or Interest expense. Accrued Interest $ in millions At March 31, At December 31, Customer and other receivables $ 2,309 $ 1,800 Customer and other payables 2,659 2,164

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Firm is routinely under examination by the IRS and other tax authorities in certain countries, such as Japan and the U.K., and in states and localities in which it has significant business operations, such as New York. The Firm believes that the resolution of these tax examinations will not have a material effect on the annual financial statements, although a resolution could have a material impact in the income statement and on the effective tax rate for any period in which such resolutions occur. It is reasonably possible that significant changes in the balance of unrecognized tax benefits may occur within the next 12 months. At this time, however, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits and the impact on the Firm’s effective tax rate over the next 12 months.

Segment, Geographic and Revenue

Segment, Geographic and Revenue Information	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment, Geographic and Revenue Information	Segment, Geographic and Revenue Information Selected Financial Information by Business Segment Three Months Ended March 31, 2022 $ in millions IS WM IM I/E Total Investment banking $ 1,634 $ 143 $ — $ (19) $ 1,758 Trading 4,205 (231) (9) 18 3,983 Investments 99 12 (36) — 75 Commissions and fees 1 774 723 — (81) 1,416 Asset management 1,2 147 3,626 1,388 (42) 5,119 Other 117 122 (2) (3) 234 Total non-interest revenues 6,976 4,395 1,341 (127) 12,585 Interest income 1,062 1,637 7 (56) 2,650 Interest expense 381 97 13 (57) 434 Net interest 681 1,540 (6) 1 2,216 Net revenues $ 7,657 $ 5,935 $ 1,335 $ (126) $ 14,801 Provision for credit losses $ 44 $ 13 $ — $ — $ 57 Compensation and benefits 2,604 3,125 545 — 6,274 Non-compensation expenses 2,222 1,224 562 (126) 3,882 Total non-interest expenses $ 4,826 $ 4,349 $ 1,107 $ (126) $ 10,156 Income before provision for income taxes $ 2,787 $ 1,573 $ 228 $ — $ 4,588 Provision for income taxes 535 301 37 — 873 Net income 2,252 1,272 191 — 3,715 Net income applicable to noncontrolling interests 61 — (12) — 49 Net income applicable to Morgan Stanley $ 2,191 $ 1,272 $ 203 $ — $ 3,666 Three Months Ended March 31, 2021 $ in millions IS WM IM I/E Total Investment banking $ 2,613 $ 251 $ — $ (24) $ 2,840 Trading 4,073 126 3 23 4,225 Investments 86 2 230 — 318 Commissions and fees 1 870 851 — (95) 1,626 Asset management 1,2 139 3,191 1,103 (35) 4,398 Other 158 153 (24) (3) 284 Total non-interest revenues 7,939 4,574 1,312 (134) 13,691 Interest income 970 1,486 8 (27) 2,437 Interest expense 332 101 6 (30) 409 Net interest 638 1,385 2 3 2,028 Net revenues $ 8,577 $ 5,959 $ 1,314 $ (131) $ 15,719 Provision for credit losses $ (93) $ (5) $ — $ — $ (98) Compensation and benefits 3,114 3,170 514 — 6,798 Non-compensation expenses 2,185 1,194 430 (134) 3,675 Total non-interest expenses $ 5,299 $ 4,364 $ 944 $ (134) $ 10,473 Income before provision for income taxes $ 3,371 $ 1,600 $ 370 $ 3 $ 5,344 Provision for income taxes 736 358 81 1 1,176 Net income 2,635 1,242 289 2 4,168 Net income applicable to noncontrolling interests 34 — 14 — 48 Net income applicable to Morgan Stanley $ 2,601 $ 1,242 $ 275 $ 2 $ 4,120 1. Substantially all revenues are from contracts with customers. 2. Includes certain fees that may relate to services performed in prior periods. For a discussion about the Firm’s business segments, see Note 23 to the financial statements in the 2021 Form 10-K. Detail of Investment Banking Revenues Three Months Ended $ in millions 2022 2021 Institutional Securities Advisory $ 944 $ 480 Institutional Securities Underwriting 690 2,133 Firm Investment banking revenues from contracts with customers 90 % 92 % Trading Revenues by Product Type Three Months Ended $ in millions 2022 2021 Interest rate $ 391 $ 859 Foreign exchange 648 274 Equity 1 2,007 1,695 Commodity and other 525 861 Credit 412 536 Total $ 3,983 $ 4,225 1. Dividend income is included within equity contracts. The previous table summarizes realized and unrealized gains and losses, from derivative and non-derivative financial instruments, included in Trading revenues in the income statement. The Firm generally utilizes financial instruments across a variety of product types in connection with its market-making and related risk management strategies. The trading revenues presented in the table are not representative of the manner in which the Firm manages its business activities and are prepared in a manner similar to the presentation of trading revenues for regulatory reporting purposes. Investment Management Investments Revenues—Net Cumulative Unrealized Carried Interest $ in millions At At Net cumulative unrealized performance-based fees at risk of reversing $ 824 $ 802 The Firm’s portion of net cumulative performance-based fees in the form of unrealized carried interest, for which the Firm is not obligated to pay compensation, is at risk of reversing when the return in certain funds fall below specified performance targets. See Note 13 for information regarding general partner guarantees, which include potential obligations to return performance fee distributions previously received. Investment Management Asset Management Revenues—Reduction of Fees Due to Fee Waivers Three Months Ended $ in millions 2022 2021 Fee waivers $ 124 $ 94 The Firm waives a portion of its fees in the Investment Management business segment from certain registered money market funds that comply with the requirements of Rule 2a-7 of the Investment Company Act of 1940. Certain Other Fee Waivers Separately, the Firm’s employees, including its senior officers, may participate on the same terms and conditions as other investors in certain funds that the Firm sponsors primarily for client investment, and the Firm may waive or lower applicable fees and charges for its employees. Other Expenses — Transaction Taxes Three Months Ended $ in millions 2022 2021 Transaction taxes $ 258 $ 238 Transaction taxes are composed of securities transaction taxes and stamp duties, which are levied on the sale or purchase of securities listed on recognized stock exchanges in certain markets. These taxes are imposed mainly on trades of equity securities in Asia and EMEA. Similar transaction taxes are levied on trades of listed derivative instruments in certain countries. Net Revenues by Region Three Months Ended $ in millions 2022 2021 Americas $ 10,464 $ 11,191 EMEA 2,311 2,159 Asia 2,026 2,369 Total $ 14,801 $ 15,719 For a discussion about the Firm’s geographic net revenues, see Note 23 to the financial statements in the 2021 Form 10-K. Revenues Recognized from Prior Services Three Months Ended $ in millions 2022 2021 Non-interest revenues $ 1,005 $ 541 The previous table includes revenues from contracts with customers recognized where some or all services were performed in prior periods. These revenues primarily include investment banking advisory fees. Receivables from Contracts with Customers $ in millions At At Customer and other receivables $ 3,445 $ 3,591 Receivables from contracts with customers, which are included within Customer and other receivables in the balance sheet, arise when the Firm has both recorded revenues and the right per the contract to bill the customer. Assets by Business Segment $ in millions At At Institutional Securities $ 826,242 $ 792,135 Wealth Management 378,501 378,438 Investment Management 17,490 17,567 Total 1 $ 1,222,233 $ 1,188,140

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Financial Information	Basis of Financial Information The financial statements are prepared in accordance with U.S. GAAP, which requires the Firm to make estimates and assumptions regarding the valuations of certain financial instruments, the valuations of goodwill and intangible assets, the outcome of legal and tax matters, deferred tax assets, ACL, and other matters that affect its financial statements and related disclosures. The Firm believes that the estimates utilized in the preparation of its financial statements are prudent and reasonable. Actual results could differ materially from these estimates. The notes are an integral part of the Firm’s financial statements. The Firm has evaluated subsequent events for adjustment to or disclosure in these financial statements through the date of this report and has not identified any recordable or disclosable events not otherwise reported in these financial statements or the notes thereto. The accompanying financial statements should be read in conjunction with the Firm’s financial statements and notes thereto included in the 2021 Form 10-K. Certain footnote disclosures included in the 2021 Form 10-K have been condensed or omitted from these financial statements as they are not required for interim reporting under U.S. GAAP. The financial statements reflect all adjustments of a normal, recurring nature that are, in the opinion of management, necessary for the fair presentation of the results for the interim period. The results of operations for interim periods are not necessarily indicative of results for the entire year.
Consolidation	Consolidation The financial statements include the accounts of the Firm, its wholly owned subsidiaries and other entities in which the Firm has a controlling financial interest, including certain VIEs (see Note 14). Intercompany balances and transactions have been eliminated. For consolidated subsidiaries that are not wholly owned, the third-party holdings of equity interests are referred to as Noncontrolling interests. The net income attributable to Noncontrolling interests for such subsidiaries is presented as Net income applicable to noncontrolling interests in the income statement. The portion of shareholders’ equity that is attributable to noncontrolling interests for such subsidiaries is presented as Noncontrolling interests, a component of Total equity, in the balance sheet. For a discussion of the Firm’s significant regulated U.S. and international subsidiaries and its involvement with VIEs, see Note 1 to the financial statements in the 2021 Form 10-K.

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	3 Months Ended
	Mar. 31, 2022
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	$ in millions At At Cash and due from banks $ 9,086 $ 8,394 Interest bearing deposits with banks 127,000 119,331 Total Cash and cash equivalents $ 136,086 $ 127,725 Restricted cash $ 41,315 $ 40,887

Fair Values (Tables)

Fair Values (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and Liabilities Measured at Fair Value on a Recurring Basis At March 31, 2022 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 44,038 $ 19,680 $ 8 $ — $ 63,726 Other sovereign government obligations 24,449 7,422 188 — 32,059 State and municipal securities — 1,664 — — 1,664 MABS — 929 351 — 1,280 Loans and lending commitments 2 — 9,349 3,141 — 12,490 Corporate and other debt — 28,751 1,753 — 30,504 Corporate equities 3 86,106 790 239 — 87,135 Derivative and other contracts: Interest rate 10,124 163,417 1,086 — 174,627 Credit — 10,860 646 — 11,506 Foreign exchange 39 101,193 63 — 101,295 Equity 997 64,521 391 — 65,909 Commodity and other 12,202 33,688 3,416 — 49,306 Netting 1 (17,166) (271,135) (993) (55,468) (344,762) Total derivative and other contracts 6,196 102,544 4,609 (55,468) 57,881 Investments 4 661 761 1,120 — 2,542 Physical commodities — 2,709 — — 2,709 Total trading assets 4 161,450 174,599 11,409 (55,468) 291,990 Investment securities—AFS 56,479 33,875 — — 90,354 Securities purchased under agreements to resell — 2 — — 2 Total assets at fair value $ 217,929 $ 208,476 $ 11,409 $ (55,468) $ 382,346 At March 31, 2022 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 1,987 $ 26 $ — $ 2,013 Trading liabilities: U.S. Treasury and agency securities 15,090 112 — — 15,202 Other sovereign government obligations 24,751 2,911 2 — 27,664 Corporate and other debt — 11,081 17 — 11,098 Corporate equities 3 80,037 191 29 — 80,257 Derivative and other contracts: Interest rate 9,127 155,763 452 — 165,342 Credit — 10,949 553 — 11,502 Foreign exchange 31 93,168 96 — 93,295 Equity 1,184 71,669 1,045 — 73,898 Commodity and other 12,716 28,140 1,982 — 42,838 Netting 1 (17,166) (271,135) (993) (55,224) (344,518) Total derivative and other contracts 5,892 88,554 3,135 (55,224) 42,357 Total trading liabilities 125,770 102,849 3,183 (55,224) 176,578 Securities sold under agreements to repurchase — 448 516 — 964 Other secured financings — 4,631 120 — 4,751 Borrowings — 73,564 2,399 — 75,963 Total liabilities at fair value $ 125,770 $ 183,479 $ 6,244 $ (55,224) $ 260,269 At December 31, 2021 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 45,970 $ 29,749 $ 2 $ — $ 75,721 Other sovereign government obligations 28,041 4,533 211 — 32,785 State and municipal securities — 1,905 13 — 1,918 MABS — 1,237 344 — 1,581 Loans and lending commitments 2 — 8,821 3,806 — 12,627 Corporate and other debt — 27,309 1,973 — 29,282 Corporate equities 3 91,630 832 115 — 92,577 Derivative and other contracts: Interest rate 1,364 153,048 1,153 — 155,565 Credit — 8,441 509 — 8,950 Foreign exchange 28 74,571 132 — 74,731 Equity 1,562 68,519 251 — 70,332 Commodity and other 4,462 20,194 3,057 — 27,713 Netting 1 (5,696) (241,814) (794) (50,833) (299,137) Total derivative and other contracts 1,720 82,959 4,308 (50,833) 38,154 Investments 4 735 846 1,125 — 2,706 Physical commodities — 2,771 — — 2,771 Total trading assets 4 168,096 160,962 11,897 (50,833) 290,122 Investment securities—AFS 59,021 43,809 — — 102,830 Securities purchased under agreements to resell — 7 — — 7 Total assets at fair value $ 227,117 $ 204,778 $ 11,897 $ (50,833) $ 392,959 At December 31, 2021 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 1,873 $ 67 $ — $ 1,940 Trading liabilities: U.S. Treasury and agency securities 16,433 319 — — 16,752 Other sovereign government obligations 20,771 2,062 — — 22,833 Corporate and other debt — 8,707 16 — 8,723 Corporate equities 3 75,181 226 45 — 75,452 Derivative and other contracts: Interest rate 1,087 145,670 445 — 147,202 Credit — 9,090 411 — 9,501 Foreign exchange 19 73,096 80 — 73,195 Equity 2,119 77,363 1,196 — 80,678 Commodity and other 4,563 16,837 1,528 — 22,928 Netting 1 (5,696) (241,814) (794) (50,632) (298,936) Total derivative and other contracts 2,092 80,242 2,866 (50,632) 34,568 Total trading liabilities 114,477 91,556 2,927 (50,632) 158,328 Securities sold under agreements to repurchase — 140 651 — 791 Other secured financings — 4,730 403 — 5,133 Borrowings — 74,183 2,157 — 76,340 Total liabilities at fair value $ 114,477 $ 172,482 $ 6,205 $ (50,632) $ 242,532 MABS—Mortgage- and asset-backed securities 1. For positions with the same counterparty that cross over the levels of the fair value hierarchy, both counterparty netting and cash collateral netting are included in the column titled “Netting.” Positions classified within the same level that are with the same counterparty are netted within that level. For further information on derivative instruments and hedging activities, see Note 6. 2. For a further breakdown by type, see the following Detail of Loans and Lending Commitments at Fair Value table. 3. For trading purposes, the Firm holds or sells short equity securities issued by entities in diverse industries and of varying sizes.
Schedule of Details of Loans and Lending Commitments at Fair Value	Detail of Loans and Lending Commitments at Fair Value $ in millions At At Corporate $ 8 $ 8 Commercial Real Estate 1,407 863 Residential Real Estate 3,085 3,911 Securities-based lending and Other loans 7,990 7,845 Total $ 12,490 $ 12,627
Schedule of Unsettled Fair Value of Futures Contracts	Unsettled Fair Value of Futures Contracts 1 $ in millions At At Customer and other receivables (payables), net $ 377 $ 948 1. These contracts are primarily Level 1, actively traded, valued based on quoted prices from the exchange and are excluded from the previous recurring fair value tables.
Schedule of Rollforward of Level 3 Assets Measured at Fair Value on a Recurring Basis	Rollforward of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis Three Months Ended $ in millions 2022 2021 U.S. Treasury and agency securities Beginning balance $ 2 $ 9 Purchases 1 12 Sales — (9) Net transfers 5 — Ending balance $ 8 $ 12 Unrealized gains (losses) $ — $ — Other sovereign government obligations Beginning balance $ 211 $ 268 Purchases 6 15 Sales (40) (256) Net transfers 11 (10) Ending balance $ 188 $ 17 Unrealized gains (losses) $ — $ — State and municipal securities Beginning balance $ 13 $ — Net transfers (13) — Ending balance $ — $ — Unrealized gains (losses) $ — $ — MABS Beginning balance $ 344 $ 322 Realized and unrealized gains (losses) (1) 51 Purchases 56 144 Sales (96) (103) Net transfers 48 (40) Ending balance $ 351 $ 374 Unrealized gains (losses) $ (3) $ (2) Loans and lending commitments Beginning balance $ 3,806 $ 5,759 Realized and unrealized gains (losses) 26 (26) Purchases and originations 369 1,833 Sales (210) (2,060) Settlements (409) (388) Net transfers (441) (73) Ending balance $ 3,141 $ 5,045 Unrealized gains (losses) $ 22 $ (32) Corporate and other debt Beginning balance $ 1,973 $ 3,435 Realized and unrealized gains (losses) 12 (51) Purchases and originations 71 867 Sales (160) (749) Settlements — (255) Net transfers (143) 72 Ending balance $ 1,753 $ 3,319 Unrealized gains (losses) $ 7 $ 2 Corporate equities Beginning balance $ 115 $ 86 Realized and unrealized gains (losses) — 16 Purchases 24 25 Sales (82) (46) Net transfers 182 33 Ending balance $ 239 $ 114 Unrealized gains (losses) $ — $ 18 Three Months Ended $ in millions 2022 2021 Investments Beginning balance $ 1,125 $ 828 Realized and unrealized gains (losses) (24) 6 Purchases 20 64 Sales (4) (15) Net transfers 3 41 Ending balance $ 1,120 $ 924 Unrealized gains (losses) $ (26) $ (6) Investment securities —AFS Beginning balance $ — $ 2,804 Realized and unrealized gains (losses) — (4) Sales — (192) Net transfers 1 — (2,481) Ending balance $ — $ 127 Unrealized gains (losses) $ — $ (5) Securities purchased under agreements to resell Beginning balance $ — $ 3 Net transfers — (3) Ending balance $ — $ — Unrealized gains (losses) $ — $ — Net derivatives: Interest rate Beginning balance $ 708 $ 682 Realized and unrealized gains (losses) 39 (413) Purchases 3 31 Issuances (2) (17) Settlements (21) 83 Net transfers (93) 325 Ending balance $ 634 $ 691 Unrealized gains (losses) $ 147 $ (403) Net derivatives: Credit Beginning balance $ 98 $ 49 Realized and unrealized gains (losses) 43 (4) Purchases 8 19 Issuances (8) (8) Settlements (68) (72) Net transfers 20 (66) Ending balance $ 93 $ (82) Unrealized gains (losses) $ 28 $ (13) Net derivatives: Foreign exchange Beginning balance $ 52 $ 61 Realized and unrealized gains (losses) (145) (236) Purchases 5 2 Issuances — (4) Settlements 81 26 Net transfers (26) 41 Ending balance $ (33) $ (110) Unrealized gains (losses) $ (138) $ (206) Net derivatives: Equity Beginning balance $ (945) $ (2,231) Realized and unrealized gains (losses) 98 63 Purchases 28 77 Issuances (68) (297) Settlements 117 65 Net transfers 116 206 Ending balance $ (654) $ (2,117) Unrealized gains (losses) $ 88 $ 12 Three Months Ended $ in millions 2022 2021 Net derivatives: Commodity and other Beginning balance $ 1,529 $ 1,709 Realized and unrealized gains (losses) 4 331 Purchases 9 7 Issuances (11) (1) Settlements (47) (131) Net transfers (50) 29 Ending balance $ 1,434 $ 1,944 Unrealized gains (losses) $ (216) $ 215 Deposits Beginning balance $ 67 $ 126 Realized and unrealized losses (gains) — (4) Issuances — 11 Settlements (5) (2) Net transfers (36) 46 Ending balance $ 26 $ 177 Unrealized losses (gains) $ — $ (4) Nonderivative trading liabilities Beginning balance $ 61 $ 79 Realized and unrealized losses (gains) (3) (9) Purchases (33) (20) Sales 11 13 Net transfers 12 (1) Ending balance $ 48 $ 62 Unrealized losses (gains) $ (3) $ (9) Securities sold under agreements to repurchase Beginning balance $ 651 $ 444 Realized and unrealized losses (gains) 2 (2) Settlements (10) — Net transfers (127) (1) Ending balance $ 516 $ 441 Unrealized losses (gains) $ 2 $ (2) Other secured financings Beginning balance $ 403 $ 516 Realized and unrealized losses (gains) (3) (5) Issuances 28 370 Settlements (305) (322) Net transfers (3) (4) Ending balance $ 120 $ 555 Unrealized losses (gains) $ (3) $ (5) Borrowings Beginning balance $ 2,157 $ 4,374 Realized and unrealized losses (gains) (143) (118) Issuances 161 231 Settlements (42) (316) Net transfers 266 91 Ending balance $ 2,399 $ 4,262 Unrealized losses (gains) $ (143) $ (116) Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (29) (29) 1. Net transfers in the prior year quarter reflect the transfer of $2.5 billion of AFS securities from Level 3 to Level 2 due to increased trading activity and observability of pricing inputs.
Schedule of Rollforward of Level 3 Liabilities Measured at Fair Value on a Recurring Basis	Rollforward of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis Three Months Ended $ in millions 2022 2021 U.S. Treasury and agency securities Beginning balance $ 2 $ 9 Purchases 1 12 Sales — (9) Net transfers 5 — Ending balance $ 8 $ 12 Unrealized gains (losses) $ — $ — Other sovereign government obligations Beginning balance $ 211 $ 268 Purchases 6 15 Sales (40) (256) Net transfers 11 (10) Ending balance $ 188 $ 17 Unrealized gains (losses) $ — $ — State and municipal securities Beginning balance $ 13 $ — Net transfers (13) — Ending balance $ — $ — Unrealized gains (losses) $ — $ — MABS Beginning balance $ 344 $ 322 Realized and unrealized gains (losses) (1) 51 Purchases 56 144 Sales (96) (103) Net transfers 48 (40) Ending balance $ 351 $ 374 Unrealized gains (losses) $ (3) $ (2) Loans and lending commitments Beginning balance $ 3,806 $ 5,759 Realized and unrealized gains (losses) 26 (26) Purchases and originations 369 1,833 Sales (210) (2,060) Settlements (409) (388) Net transfers (441) (73) Ending balance $ 3,141 $ 5,045 Unrealized gains (losses) $ 22 $ (32) Corporate and other debt Beginning balance $ 1,973 $ 3,435 Realized and unrealized gains (losses) 12 (51) Purchases and originations 71 867 Sales (160) (749) Settlements — (255) Net transfers (143) 72 Ending balance $ 1,753 $ 3,319 Unrealized gains (losses) $ 7 $ 2 Corporate equities Beginning balance $ 115 $ 86 Realized and unrealized gains (losses) — 16 Purchases 24 25 Sales (82) (46) Net transfers 182 33 Ending balance $ 239 $ 114 Unrealized gains (losses) $ — $ 18 Three Months Ended $ in millions 2022 2021 Investments Beginning balance $ 1,125 $ 828 Realized and unrealized gains (losses) (24) 6 Purchases 20 64 Sales (4) (15) Net transfers 3 41 Ending balance $ 1,120 $ 924 Unrealized gains (losses) $ (26) $ (6) Investment securities —AFS Beginning balance $ — $ 2,804 Realized and unrealized gains (losses) — (4) Sales — (192) Net transfers 1 — (2,481) Ending balance $ — $ 127 Unrealized gains (losses) $ — $ (5) Securities purchased under agreements to resell Beginning balance $ — $ 3 Net transfers — (3) Ending balance $ — $ — Unrealized gains (losses) $ — $ — Net derivatives: Interest rate Beginning balance $ 708 $ 682 Realized and unrealized gains (losses) 39 (413) Purchases 3 31 Issuances (2) (17) Settlements (21) 83 Net transfers (93) 325 Ending balance $ 634 $ 691 Unrealized gains (losses) $ 147 $ (403) Net derivatives: Credit Beginning balance $ 98 $ 49 Realized and unrealized gains (losses) 43 (4) Purchases 8 19 Issuances (8) (8) Settlements (68) (72) Net transfers 20 (66) Ending balance $ 93 $ (82) Unrealized gains (losses) $ 28 $ (13) Net derivatives: Foreign exchange Beginning balance $ 52 $ 61 Realized and unrealized gains (losses) (145) (236) Purchases 5 2 Issuances — (4) Settlements 81 26 Net transfers (26) 41 Ending balance $ (33) $ (110) Unrealized gains (losses) $ (138) $ (206) Net derivatives: Equity Beginning balance $ (945) $ (2,231) Realized and unrealized gains (losses) 98 63 Purchases 28 77 Issuances (68) (297) Settlements 117 65 Net transfers 116 206 Ending balance $ (654) $ (2,117) Unrealized gains (losses) $ 88 $ 12 Three Months Ended $ in millions 2022 2021 Net derivatives: Commodity and other Beginning balance $ 1,529 $ 1,709 Realized and unrealized gains (losses) 4 331 Purchases 9 7 Issuances (11) (1) Settlements (47) (131) Net transfers (50) 29 Ending balance $ 1,434 $ 1,944 Unrealized gains (losses) $ (216) $ 215 Deposits Beginning balance $ 67 $ 126 Realized and unrealized losses (gains) — (4) Issuances — 11 Settlements (5) (2) Net transfers (36) 46 Ending balance $ 26 $ 177 Unrealized losses (gains) $ — $ (4) Nonderivative trading liabilities Beginning balance $ 61 $ 79 Realized and unrealized losses (gains) (3) (9) Purchases (33) (20) Sales 11 13 Net transfers 12 (1) Ending balance $ 48 $ 62 Unrealized losses (gains) $ (3) $ (9) Securities sold under agreements to repurchase Beginning balance $ 651 $ 444 Realized and unrealized losses (gains) 2 (2) Settlements (10) — Net transfers (127) (1) Ending balance $ 516 $ 441 Unrealized losses (gains) $ 2 $ (2) Other secured financings Beginning balance $ 403 $ 516 Realized and unrealized losses (gains) (3) (5) Issuances 28 370 Settlements (305) (322) Net transfers (3) (4) Ending balance $ 120 $ 555 Unrealized losses (gains) $ (3) $ (5) Borrowings Beginning balance $ 2,157 $ 4,374 Realized and unrealized losses (gains) (143) (118) Issuances 161 231 Settlements (42) (316) Net transfers 266 91 Ending balance $ 2,399 $ 4,262 Unrealized losses (gains) $ (143) $ (116) Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (29) (29) 1. Net transfers in the prior year quarter reflect the transfer of $2.5 billion of AFS securities from Level 3 to Level 2 due to increased trading activity and observability of pricing inputs.
Schedule of Valuation Techniques and Unobservable Inputs	Valuation Techniques and Unobservable Inputs Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Assets at Fair Value on a Recurring Basis Other sovereign government obligations $ 188 $ 211 Comparable pricing: Bond price 91 to 108 points (100 points) 100 to 140 points (120 points) MABS $ 351 $ 344 Comparable pricing: Bond price 0 to 83 points (58 points) 0 to 86 points (59 points) Loans and lending $ 3,141 $ 3,806 Margin loan model: Margin loan rate 1% to 4% (3%) 1% to 4% (3%) Comparable pricing: Loan price 88 to 102 points (97 points) 89 to 101 points (97 points) Corporate and $ 1,753 $ 1,973 Comparable pricing: Bond price 50 to 165 points (98 points) 50 to 163 points (99 points) Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Corporate equities $ 239 $ 115 Comparable pricing: Equity price 100% 100% Investments $ 1,120 $ 1,125 Discounted cash flow: WACC 13% to 16% (15%) 10% to 16% (15%) Exit multiple 8 to 17 times (12 times) 8 to 17 times (12 times) Market approach: EBITDA multiple 8 to 23 times (9 times) 8 to 25 times (10 times) Comparable pricing: Equity price 43% to 100% (99%) 43% to 100% (99%) Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Net derivative and other contracts: Interest rate $ 634 $ 708 Option model: IR volatility skew 45% to 79% (61% / 63%) 39% to 79% (64% / 63%) IR curve correlation 46% to 93% (73% / 76%) 62% to 98% (83% / 84%) Bond volatility 8% to 26% (15% / 14%) 5% to 32% (12% / 9%) Inflation volatility 24% to 65% (44% / 40%) 24% to 65% (44% / 40%) IR curve N/M 4% Credit $ 93 $ 98 Credit default swap model: Cash-synthetic basis 7 points 7 points Bond price N/M 0 to 83 points (46 points) Credit spread 10 to 481 bps (95 bps) 14 to 477 bps (68 bps) Funding spread 15 to 590 bps (77 bps) 15 to 433 bps (55 bps) Foreign exchange 2 $ (33) $ 52 Option model: IR - FX correlation 54% to 56% (55% 55%) 53% to 56% (55% / 54%) IR volatility skew 45% to 79% (61% / 63%) 39% to 79% (64% / 63%) IR curve 2% to 7% (5% / 7%) -1% to 7% (2% / 0%) Foreign exchange volatility skew -37% to 25% (0% / 1%) -4% to -2% (-3% / -3%) Contingency probability 80% to 95% (93% / 95%) 90% to 95% (94% / 95%) Equity 2 $ (654) $ (945) Option model: Equity volatility 7% to 96% (24%) 5% to 99% (24%) Equity volatility skew -6% to 0% (-1%) -4% to 0% (-1%) Equity correlation 5% to 97% (75%) 5% to 99% (73%) FX correlation -85% to 60% (-47%) -85% to 37% (-42%) IR correlation 12% to 30% (14%) 13% to 30% (15%) Commodity and other $ 1,434 $ 1,529 Option model: Forward power price $7 to $260 ($48) per MWh $4 to $263 ($39) per MWh Commodity volatility 8% to 196% (32%) 8% to 385% (22%) Cross-commodity correlation 41% to 100% (94%) 43% to 100% (94%) Liabilities Measured at Fair Value on a Recurring Basis Deposits $ 26 $ 67 Option model: Equity volatility N/M 7% Securities sold under agreements to repurchase $ 516 $ 651 Discounted cash flow: Funding spread 84 to 131 bps (108 bps) 112 to 127 bps (120 bps) Other secured financings $ 120 $ 403 Comparable pricing: Loan price 23 to 100 points (80 points) 30 to 100 points (83 points) Balance / Range (Average 1 ) $ in millions, except inputs At March 31, 2022 At December 31, 2021 Borrowings $ 2,399 $ 2,157 Option model: Equity volatility 7% to 93% (24%) 7% to 85% (20%) Equity volatility skew -1% to 0% (0%) -1% to 0% (0%) Equity correlation 39% to 95% (85%) 41% to 95% (81%) Equity - FX correlation -55% to 25% (-27%) -55% to 25% (-30%) IR FX Correlation -27% to 12% (-6% / -6%) -26% to 8% (-5% / -5%) IR curve correlation 46% to 93% (73% / 76%) N/M IR volatility skew 34% to 82% (51% / 45%) N/M Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Nonrecurring Fair Value Measurement Loans $ 1,370 $ 1,576 Corporate loan model: Credit spread 79 to 447 bps (266 bps) 108 to 565 bps (284 bps) Comparable pricing: Loan price 47 to 80 points (63 points) 40 to 80 points (61 points) Warehouse model: Credit spread 187 to 280 bps (226 bps) 182 to 446 bps (376 bps) Points—Percentage of par IR—Interest rate FX—Foreign exchange 1. A single amount is disclosed for range and average when there is no significant difference between the minimum, maximum and average. Amounts represent weighted averages except where simple averages and the median of the inputs are more relevant. 2. Includes derivative contracts with multiple risks ( i.e. , hybrid products).
Schedule of Net Asset Value Measurements	Fund Interests At March 31, 2022 At December 31, 2021 $ in millions Carrying Value Commitment Carrying Value Commitment Private equity $ 2,607 $ 579 $ 2,492 $ 615 Real estate 2,089 243 2,064 248 Hedge 1 195 2 191 2 Total $ 4,891 $ 824 $ 4,747 $ 865 1. Investments in hedge funds may be subject to initial period lock-up or gate provisions, which restrict an investor from withdrawing from the fund during a certain initial period or restrict the redemption amount on any redemption date, respectively. Nonredeemable Funds by Contractual Maturity Carrying Value at March 31, 2022 $ in millions Private Equity Real Estate Less than 5 years $ 1,041 $ 327 5-10 years 1,109 1,745 Over 10 years 457 17 Total $ 2,607 $ 2,089
Schedule of Nonrecurring Fair Value Measurements	Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis At March 31, 2022 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 1,531 $ 1,370 $ 2,901 Other assets—Other investments — 7 7 Other assets—ROU assets 4 — 4 Total $ 1,535 $ 1,377 $ 2,912 Liabilities Other liabilities and accrued expenses—Lending commitments $ 201 $ 86 $ 287 Total $ 201 $ 86 $ 287 At December 31, 2021 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 4,035 $ 1,576 $ 5,611 Other assets—Other investments — 8 8 Other assets—ROU assets $ 16 $ — $ 16 Total $ 4,051 $ 1,584 $ 5,635 Liabilities Other liabilities and accrued expenses—Lending commitments $ 173 $ 70 $ 243 Total $ 173 $ 70 $ 243 1. For significant Level 3 balances, refer to “Significant Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements” section herein for details of the significant unobservable inputs used for nonrecurring fair value measurement. Gains (Losses) from Nonrecurring Fair Value Remeasurements 1 Three Months Ended $ in millions 2022 2021 Assets Loans 2 $ (43) $ (13) Goodwill — (8) Intangibles — (2) Other assets—Other investments 3 (2) (51) Other assets—Premises, equipment and software (1) (2) Other assets—ROU assets (2) — Total $ (48) $ (76) Liabilities Other liabilities and accrued expenses—Lending commitments 2 $ (49) $ 4 Total $ (49) $ 4 1. Gains and losses for Loans and Other assets—Other investments are classified in Other revenues. For other items, gains and losses are recorded in Other revenues if the item is held for sale; otherwise, they are recorded in Other expenses. 2. Nonrecurring changes in the fair value of loans and lending commitments, which exclude the impact of related economic hedges, are calculated as follows: for the held-for-investment category, based on the value of the underlying collateral; and for the held-for-sale category, based on recently executed transactions, market price quotations, valuation models that incorporate market observable inputs where possible, such as comparable loan or debt prices and CDS spread levels adjusted for any basis difference between cash and derivative instruments, or default recovery analysis where such transactions and quotations are unobservable. 3. Losses related to Other assets—Other investments were determined using techniques that included discounted cash flow models, methodologies that incorporate multiples of certain comparable companies and recently executed transactions.
Schedule of Financial Instruments Not Measured at Fair Value	Financial Instruments Not Measured at Fair Value At March 31, 2022 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 136,086 $ 136,086 $ — $ — $ 136,086 Investment securities—HTM 80,439 29,099 45,633 1,044 75,776 Securities purchased under agreements to resell 127,765 — 125,543 2,186 127,729 Securities borrowed 150,995 — 150,995 — 150,995 Customer and other receivables 90,134 — 86,417 3,453 89,870 Loans 1 196,260 — 24,140 170,269 194,409 Other assets 509 — 509 — 509 Financial liabilities Deposits $ 358,827 $ — $ 358,993 $ — $ 358,993 Securities sold under agreements to repurchase 59,104 — 59,089 — 59,089 Securities loaned 14,222 — 14,223 — 14,223 Other secured financings 4,057 — 4,059 — 4,059 Customer and other payables 243,281 — 243,281 — 243,281 Borrowings 153,854 — 155,443 4 155,447 Commitment Lending commitments 2 $ 141,421 $ — $ 1,162 $ 514 $ 1,676 At December 31, 2021 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 127,725 $ 127,725 $ — $ — $ 127,725 Investment securities—HTM 80,168 29,454 49,352 1,076 79,882 Securities purchased under agreements to resell 119,992 — 117,922 2,075 119,997 Securities borrowed 129,713 — 129,713 — 129,713 Customer and other receivables 91,664 — 88,091 3,442 91,533 Loans 1 188,134 — 25,706 163,784 189,490 Other assets 528 — 528 — 528 Financial liabilities Deposits $ 345,634 $ — $ 345,911 $ — $ 345,911 Securities sold under agreements to repurchase 61,397 — 61,419 — 61,419 Securities loaned 12,299 — 12,296 — 12,296 Other secured financings 4,908 — 4,910 — 4,910 Customer and other payables 228,631 — 228,631 — 228,631 Borrowings 156,787 — 162,154 4 162,158 Commitment Lending commitments 2 $ 133,519 $ — $ 890 $ 470 $ 1,360 1. Amounts include loans measured at fair value on a nonrecurring basis. 2. Represents Lending commitments accounted for as Held for Investment and Held for Sale. For a further discussion on lending commitments, see Note 13.

Fair Value Option (Tables)

Fair Value Option (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value Option	$ in millions At At Business Unit Responsible for Risk Management Equity $ 37,987 $ 37,046 Interest rates 27,100 28,638 Commodities 8,401 7,837 Credit 1,310 1,347 Foreign exchange 1,165 1,472 Total $ 75,963 $ 76,340 Three Months Ended $ in millions 2022 2021 Trading revenues $ 4,655 $ 2,485 Interest expense 72 73 Net revenues 1 $ 4,583 $ 2,412 1. Amounts do not reflect any gains or losses from related economic hedges. Three Months Ended March 31, 2022 2021 $ in millions Trading OCI Trading OCI Loans and other receivables 1 $ 24 $ — $ 158 $ — Deposits — (7) — (1) Borrowings — 878 (17) 185 $ in millions At At Cumulative pre-tax DVA gain (loss) recognized in AOCI $ (1,568) $ (2,439) 1. Loans and other receivables-specific credit gains (losses) were determined by excluding the non-credit components of gains and losses. $ in millions At At Loans and other receivables 2 $ 12,360 $ 12,633 Nonaccrual loans 2 9,608 9,999 Borrowings 3 704 (2,106) 1. Amounts indicate contractual principal greater than or (less than) fair value. 2. The majority of the difference between principal and fair value amounts for loans and other receivables relates to distressed debt positions purchased at amounts well below par. 3. Excludes borrowings where the repayment of the initial principal amount fluctuates based on changes in a reference price or index. $ in millions At At Nonaccrual loans $ 908 $ 989 Nonaccrual loans 90 or more days past due 264 363

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Asset Contracts	Fair Values of Derivative Contracts Assets at March 31, 2022 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 235 $ 3 $ — $ 238 Foreign exchange 202 14 — 216 Total 437 17 — 454 Not designated as accounting hedges Economic hedges of loans Credit 2 12 — 14 Other derivatives Interest rate 152,234 20,630 1,525 174,389 Credit 7,494 3,998 — 11,492 Foreign exchange 97,624 3,389 66 101,079 Equity 27,669 — 38,240 65,909 Commodity and other 34,517 — 14,789 49,306 Total 319,540 28,029 54,620 402,189 Total gross derivatives $ 319,977 $ 28,046 $ 54,620 $ 402,643 Amounts offset Counterparty netting (222,597) (25,328) (50,605) (298,530) Cash collateral netting (44,621) (1,611) — (46,232) Total in Trading assets $ 52,759 $ 1,107 $ 4,015 $ 57,881 Amounts not offset 1 Financial instruments collateral (18,000) — — (18,000) Net amounts $ 34,759 $ 1,107 $ 4,015 $ 39,881 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 10,704 Assets at December 31, 2021 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 594 $ 1 $ — $ 595 Foreign exchange 191 6 — 197 Total 785 7 — 792 Not designated as accounting hedges Economic hedges of loans Credit — 15 — 15 Other derivatives Interest rate 147,585 7,002 383 154,970 Credit 5,749 3,186 — 8,935 Foreign exchange 73,276 1,219 39 74,534 Equity 28,877 — 41,455 70,332 Commodity and other 22,175 — 5,538 27,713 Total 277,662 11,422 47,415 336,499 Total gross derivatives $ 278,447 $ 11,429 $ 47,415 $ 337,291 Amounts offset Counterparty netting (201,729) (9,818) (42,883) (254,430) Cash collateral netting (43,495) (1,212) — (44,707) Total in Trading assets $ 33,223 $ 399 $ 4,532 $ 38,154 Amounts not offset 1 Financial instruments collateral (10,457) — — (10,457) Net amounts $ 22,766 $ 399 $ 4,532 $ 27,697 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 6,725
Schedule of Fair Values of Derivative Liability Contracts	Liabilities at March 31, 2022 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 51 $ — $ — $ 51 Foreign exchange 59 36 — 95 Total 110 36 — 146 Not designated as accounting hedges Economic hedges of loans Credit 15 308 — 323 Other derivatives Interest rate 142,935 21,368 988 165,291 Credit 7,029 4,150 — 11,179 Foreign exchange 90,134 2,970 96 93,200 Equity 34,116 — 39,782 73,898 Commodity and other 27,290 — 15,548 42,838 Total 301,519 28,796 56,414 386,729 Total gross derivatives $ 301,629 $ 28,832 $ 56,414 $ 386,875 Amounts offset Counterparty netting (222,597) (25,328) (50,605) (298,530) Cash collateral netting (44,557) (1,431) — (45,988) Total in Trading liabilities $ 34,475 $ 2,073 $ 5,809 $ 42,357 Amounts not offset 1 Financial instruments collateral (3,641) — (1,543) (5,184) Net amounts $ 30,834 $ 2,073 $ 4,266 $ 37,173 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable 8,824 Liabilities at December 31, 2021 $ in millions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 86 $ 1 $ — $ 87 Foreign exchange 57 50 — 107 Total 143 51 — 194 Not designated as accounting hedges Economic hedges of loans Credit 17 412 — 429 Other derivatives Interest rate 140,770 6,112 233 147,115 Credit 5,609 3,463 — 9,072 Foreign exchange 71,851 1,196 41 73,088 Equity 39,597 — 41,081 80,678 Commodity and other 17,188 — 5,740 22,928 Total 275,032 11,183 47,095 333,310 Total gross derivatives $ 275,175 $ 11,234 $ 47,095 $ 333,504 Amounts offset Counterparty netting (201,729) (9,818) (42,883) (254,430) Cash collateral netting (43,305) (1,201) — (44,506) Total in Trading liabilities $ 30,141 $ 215 $ 4,212 $ 34,568 Amounts not offset 1 Financial instruments collateral (5,866) (8) (39) (5,913) Net amounts $ 24,275 $ 207 $ 4,173 $ 28,655 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 6,194 1. Amounts relate to master netting agreements and collateral agreements that have been determined by the Firm to be legally enforceable in the event of default but where certain other criteria are not met in accordance with applicable offsetting accounting guidance.
Schedule of Notionals of Derivative Contracts	Notionals of Derivative Contracts Assets at March 31, 2022 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 4 $ 73 $ — $ 77 Foreign exchange 9 1 — 10 Total 13 74 — 87 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 3,626 9,434 758 13,818 Credit 231 150 — 381 Foreign exchange 3,806 146 10 3,962 Equity 516 — 419 935 Commodity and other 171 — 75 246 Total 8,350 9,731 1,262 19,343 Total gross derivatives $ 8,363 $ 9,805 $ 1,262 $ 19,430 Liabilities at March 31, 2022 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 128 $ — $ 128 Foreign exchange 4 3 — 7 Total 4 131 — 135 Not designated as accounting hedges Economic hedges of loans Credit 1 10 — 11 Other derivatives Interest rate 3,577 9,060 629 13,266 Credit 231 146 — 377 Foreign exchange 3,690 139 19 3,848 Equity 547 — 770 1,317 Commodity and other 129 — 91 220 Total 8,175 9,355 1,509 19,039 Total gross derivatives $ 8,179 $ 9,486 $ 1,509 $ 19,174 Assets at December 31, 2021 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 4 $ 104 $ — $ 108 Foreign exchange 8 1 — 9 Total 12 105 — 117 Not designated as accounting hedges Economic hedges of loans Credit — — — — Other derivatives Interest rate 3,488 7,082 570 11,140 Credit 216 105 — 321 Foreign exchange 3,386 95 10 3,491 Equity 495 — 407 902 Commodity and other 139 — 73 212 Total 7,724 7,282 1,060 16,066 Total gross derivatives $ 7,736 $ 7,387 $ 1,060 $ 16,183 Liabilities at December 31, 2021 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 99 $ — $ 99 Foreign exchange 5 3 — 8 Total 5 102 — 107 Not designated as accounting hedges Economic hedges of loans Credit 1 12 — 13 Other derivatives Interest rate 3,827 6,965 445 11,237 Credit 225 106 — 331 Foreign exchange 3,360 88 12 3,460 Equity 552 — 735 1,287 Commodity and other 110 — 81 191 Total 8,075 7,171 1,273 16,519 Total gross derivatives $ 8,080 $ 7,273 $ 1,273 $ 16,626
Schedule of Gains (Losses) on Accounting Hedges	Gains (Losses) on Accounting Hedges Three Months Ended March 31, $ in millions 2022 2021 Fair value hedges—Recognized in Interest income Interest rate contracts $ 795 $ 831 Investment Securities—AFS (751) (772) Fair value hedges—Recognized in Interest expense Interest rate contracts $ (6,233) $ (4,108) Deposits 88 36 Borrowings 6,155 4,021 Net investment hedges—Foreign exchange contracts Recognized in OCI $ 139 $ 405 Forward points excluded from hedge effectiveness testing—Recognized in Interest income (41) 1
Schedule of Fair Value Hedges - Hedged Items	Fair Value Hedges—Hedged Items $ in millions At At Investment Securities—AFS Amortized cost basis currently or previously hedged $ 11,039 $ 17,902 Basis adjustments included in amortized cost 1 $ (840) $ (591) Deposits Carrying amount currently or previously hedged $ 4,807 $ 6,279 Basis adjustments included in carrying amount 1 $ (83) $ 5 Borrowings Carrying amount currently or previously hedged $ 122,770 $ 122,919 Basis adjustments included in carrying amount — Outstanding hedges $ (3,831) $ 2,324 Basis adjustments included in carrying amount — Terminated hedges $ (736) $ (743) 1. Hedge accounting basis adjustments are primarily related to outstanding hedges.
Schedule of Gains (Losses) on Economic Loan Hedges	Gains (Losses) on Economic Hedges of Loans Three Months Ended March 31, $ in millions 2022 2021 Recognized in Other revenues Credit contracts 1 $ 51 $ (105)
Schedule of Net Derivative Liabilities and Collateral Posted	Net Derivative Liabilities and Collateral Posted $ in millions At At Net derivative liabilities with credit risk-related contingent features $ 22,090 $ 20,548 Collateral posted 14,470 14,789
Schedule of Incremental Collateral and Termination Payments upon Potential Future Ratings Downgrade	Incremental Collateral and Termination Payments upon Potential Future Ratings Downgrade $ in millions At One-notch downgrade $ 310 Two-notch downgrade 550 Bilateral downgrade agreements included in the amounts above 1 $ 637
Schedule of Maximum Potential Payout/Notional of Credit Protection Sold	Maximum Potential Payout/Notional of Credit Protection Sold 1 Years to Maturity at March 31, 2022 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 11 $ 27 $ 30 $ 13 $ 81 Non-investment grade 5 13 17 5 40 Total $ 16 $ 40 $ 47 $ 18 $ 121 Index and basket CDS Investment grade $ 2 $ 11 $ 107 $ 48 $ 168 Non-investment grade 9 16 37 24 86 Total $ 11 $ 27 $ 144 $ 72 $ 254 Total CDS sold $ 27 $ 67 $ 191 $ 90 $ 375 Other credit contracts — — — — — Total credit protection sold $ 27 $ 67 $ 191 $ 90 $ 375 CDS protection sold with identical protection purchased $ 331 Years to Maturity at December 31, 2021 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 10 $ 26 $ 29 $ 9 $ 74 Non-investment grade 5 13 17 2 37 Total $ 15 $ 39 $ 46 $ 11 $ 111 Index and basket CDS Investment grade $ 2 $ 11 $ 106 $ 15 $ 134 Non-investment grade 9 14 37 12 72 Total $ 11 $ 25 $ 143 $ 27 $ 206 Total CDS sold $ 26 $ 64 $ 189 $ 38 $ 317 Other credit contracts — — — — — Total credit protection sold $ 26 $ 64 $ 189 $ 38 $ 317 CDS protection sold with identical protection purchased $ 278
Schedule of Fair Value Asset (Liability) of Credit Protection Sold	Fair Value Asset (Liability) of Credit Protection Sold 1 $ in millions At At Single-name CDS Investment grade $ 1,309 $ 1,428 Non-investment grade (1,805) (370) Total $ (496) $ 1,058 Index and basket CDS Investment grade $ 1,422 $ 1,393 Non-investment grade (1,243) (650) Total $ 179 $ 743 Total CDS sold $ (317) $ 1,801 Other credit contracts (3) (3) Total credit protection sold $ (320) $ 1,798 1. Investment grade/non-investment grade determination is based on the internal credit rating of the reference obligation. Internal credit ratings serve as the CRM’s assessment of credit risk and the basis for a comprehensive credit limits framework used to control credit risk. The Firm uses quantitative models and judgment to estimate the various risk parameters related to each obligor.
Schedule of Protection Purchased with CDS	Protection Purchased with CDS Notional $ in billions At At Single name $ 138 $ 126 Index and basket 235 204 Tranched index and basket 22 18 Total $ 395 $ 348 Fair Value Asset (Liability) $ in millions At At Single name $ 433 $ (1,338) Index and basket 228 (563) Tranched index and basket (340) (451) Total $ 321 $ (2,352)

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of AFS and HTM Securities	AFS and HTM Securities At March 31, 2022 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 57,973 $ 25 $ 1,519 $ 56,479 U.S. agency securities 2 23,863 13 1,143 22,733 Agency CMBS 8,596 42 189 8,449 State and municipal securities 1,334 5 37 1,302 FFELP student loan ABS 3 1,401 4 14 1,391 Total AFS securities 93,167 89 2,902 90,354 HTM securities U.S. Treasury securities 29,526 117 544 29,099 U.S. agency securities 2 47,656 5 4,079 43,582 Agency CMBS 2,166 — 115 2,051 Non-agency CMBS 1,091 1 48 1,044 Total HTM securities 80,439 123 4,786 75,776 Total investment securities $ 173,606 $ 212 $ 7,688 $ 166,130 At December 31, 2021 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 58,974 $ 343 $ 296 $ 59,021 U.S. agency securities 2 26,780 274 241 26,813 Agency CMBS 14,476 289 89 14,676 State and municipal securities 613 37 2 648 FFELP student loan ABS 3 1,672 11 11 1,672 Total AFS securities 102,515 954 639 102,830 HTM securities U.S. Treasury securities 28,653 882 81 29,454 U.S. agency securities 2 48,195 169 1,228 47,136 Agency CMBS 2,267 — 51 2,216 Non-agency CMBS 1,053 28 5 1,076 Total HTM securities 80,168 1,079 1,365 79,882 Total investment securities $ 182,683 $ 2,033 $ 2,004 $ 182,712 1. Amounts are net of any ACL. 2. U.S. agency securities consist mainly of agency mortgage pass-through pool securities, CMOs and agency-issued debt.
Schedule of Investment Securities in an Unrealized Loss Position	AFS Securities in an Unrealized Loss Position At At $ in millions Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury securities Less than 12 months $ 39,314 $ 1,252 $ 31,459 $ 296 12 months or longer 6,828 267 — — Total 46,142 1,519 31,459 296 U.S. agency securities Less than 12 months 16,478 816 12,283 219 12 months or longer 3,624 327 1,167 22 Total 20,102 1,143 13,450 241 Agency CMBS Less than 12 months 3,634 182 2,872 89 12 months or longer 142 7 10 — Total 3,776 189 2,882 89 State and municipal securities Less than 12 months 1,112 37 21 2 Total 1,112 37 21 2 FFELP student loan ABS Less than 12 months 580 5 320 1 12 months or longer 412 9 591 10 Total 992 14 911 11 Total AFS securities in an unrealized loss position Less than 12 months 61,118 2,292 46,955 607 12 months or longer 11,006 610 1,775 32 Total $ 72,124 $ 2,902 $ 48,730 $ 639
Schedule of Investment Securities by Contractual Maturity	Investment Securities by Contractual Maturity At March 31, 2022 $ in millions Amortized 1 Fair Annualized Average Yield 2 AFS securities U.S. Treasury securities: Due within 1 year $ 8,901 $ 8,911 1.6 % After 1 year through 5 years 45,839 44,349 1.0 % After 5 years through 10 years 3,233 3,219 1.1 % Total 57,973 56,479 U.S. agency securities: Due within 1 year 12 12 0.5 % After 1 year through 5 years 335 322 1.2 % After 5 years through 10 years 1,179 1,148 1.8 % After 10 years 22,337 21,251 1.8 % Total 23,863 22,733 Agency CMBS: Due within 1 year 217 217 1.8 % After 1 year through 5 years 1,318 1,298 1.6 % After 5 years through 10 years 5,339 5,337 1.8 % After 10 years 1,722 1,597 1.4 % Total 8,596 8,449 State and municipal securities: Due within 1 year 7 7 1.4 % After 1 year through 5 years 24 25 2.3 % After 5 years through 10 years 106 103 2.4 % After 10 Years 1,197 1,167 2.6 % Total 1,334 1,302 FFELP student loan ABS: After 1 year through 5 years 131 129 0.9 % After 5 years through 10 years 139 135 0.7 % After 10 years 1,131 1,127 1.2 % Total 1,401 1,391 Total AFS securities 93,167 90,354 1.4 % HTM securities U.S. Treasury securities: Due within 1 year 3,749 3,761 1.9 % After 1 year through 5 years 19,336 18,974 1.7 % After 5 years through 10 years 4,879 4,865 2.4 % After 10 years 1,562 1,499 2.3 % Total 29,526 29,099 U.S. agency securities: After 5 years through 10 years 456 450 2.0 % After 10 years 47,200 43,132 1.7 % Total 47,656 43,582 Agency CMBS: Due within 1 year 78 77 1.1 % After 1 year through 5 years 1,371 1,312 1.3 % After 5 years through 10 years 567 526 1.5 % After 10 years 150 136 1.5 % Total 2,166 2,051 At March 31, 2022 $ in millions Amortized 1 Fair Annualized 2 Non-agency CMBS: Due within 1 year 167 167 4.2 % After 1 year through 5 years 90 89 3.4 % After 5 years through 10 years 798 753 3.6 % After 10 years 36 35 4.4 % Total 1,091 1,044 Total HTM securities 80,439 75,776 1.8 % Total investment securities $ 173,606 $ 166,130 1.6 % 1. Amounts are net of any ACL. 2. Annualized average yield is computed using the effective yield, weighted based on the amortized cost of each security. The effective yield is shown pre-tax and considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives.
Schedule of Gross Realized Gains (Losses) on Sales of AFS Securities	Gross Realized Gains (Losses) on Sales of AFS Securities Three Months Ended $ in millions 2022 2021 Gross realized gains $ 126 $ 145 Gross realized (losses) (82) (11) Total 1 $ 44 $ 134 1. Realized gains and losses are recognized in Other revenues in the income statement.

Collateralized Transactions (Ta

Collateralized Transactions (Tables)	3 Months Ended
	Mar. 31, 2022
Collateralized Agreements [Abstract]
Schedule of Offsetting of Certain Collateralized Transactions	Offsetting of Certain Collateralized Transactions At March 31, 2022 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 238,485 $ (110,718) $ 127,767 $ (123,988) $ 3,779 Securities borrowed 164,657 (13,662) 150,995 (143,492) 7,503 Liabilities Securities sold under agreements to repurchase $ 170,786 $ (110,718) $ 60,068 $ (53,563) $ 6,505 Securities loaned 27,884 (13,662) 14,222 (13,930) 292 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 2,772 Securities borrowed 849 Securities sold under agreements to repurchase 5,010 Securities loaned 151 At December 31, 2021 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 197,486 $ (77,487) $ 119,999 $ (106,896) $ 13,103 Securities borrowed 139,395 (9,682) 129,713 (124,028) 5,685 Liabilities Securities sold under agreements to repurchase $ 139,675 $ (77,487) $ 62,188 $ (53,692) $ 8,496 Securities loaned 21,981 (9,682) 12,299 (12,019) 280 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 12,514 Securities borrowed 1,041 Securities sold under agreements to repurchase 8,295 Securities loaned 139 1. Amounts relate to master netting agreements that have been determined by the Firm to be legally enforceable in the event of default but where certain other criteria are not met in accordance with applicable offsetting accounting guidance.
Schedule of Gross Secured Financing Balances	Gross Secured Financing Balances by Remaining Contractual Maturity At March 31, 2022 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 57,575 $ 55,401 $ 15,420 $ 42,390 $ 170,786 Securities loaned 17,040 — 675 10,169 27,884 Total included in the offsetting disclosure $ 74,615 $ 55,401 $ 16,095 $ 52,559 $ 198,670 Trading liabilities— 26,399 — — — 26,399 Total $ 101,014 $ 55,401 $ 16,095 $ 52,559 $ 225,069 At December 31, 2021 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 29,271 $ 53,987 $ 17,099 $ 39,318 $ 139,675 Securities loaned 11,480 364 650 9,487 21,981 Total included in the offsetting disclosure $ 40,751 $ 54,351 $ 17,749 $ 48,805 $ 161,656 Trading liabilities— 30,104 — — — 30,104 Total $ 70,855 $ 54,351 $ 17,749 $ 48,805 $ 191,760 Gross Secured Financing Balances by Class of Collateral Pledged $ in millions At At Securities sold under agreements to repurchase U.S. Treasury and agency securities $ 51,940 $ 30,790 Other sovereign government obligations 87,195 73,063 Corporate equities 19,200 25,881 Other 12,451 9,941 Total $ 170,786 $ 139,675 Securities loaned Other sovereign government obligations $ 858 $ 748 Corporate equities 26,528 20,656 Other 498 577 Total $ 27,884 $ 21,981 Total included in the offsetting disclosure $ 198,670 $ 161,656 Trading liabilities—Obligation to return securities received as collateral Corporate equities $ 26,370 $ 30,048 Other 29 56 Total $ 26,399 $ 30,104 Total $ 225,069 $ 191,760
Schedule of Carrying Value of Assets Loaned or Pledged Without Counterparty Right to Sell or Repledge	Carrying Value of Assets Loaned or Pledged without Counterparty Right to Sell or Repledge $ in millions At At Trading assets $ 32,061 $ 32,458
Schedule of Fair Value of Collateral Received with Right to Sell or Repledge	Fair Value of Collateral Received with Right to Sell or Repledge $ in millions At At Collateral received with right to sell or repledge $ 725,931 $ 672,104 Collateral that was sold or repledged 1 564,304 510,000
Schedule of Securities Segregated for Regulatory Purposes	Securities Segregated for Regulatory Purposes $ in millions At At Segregated securities 1 $ 30,324 $ 20,092 1. Securities segregated under federal regulations for the Firm’s U.S. broker-dealers are sourced from Securities purchased under agreements to resell and Trading assets in the balance sheet.
Schedule of Customer Margin Lending	Customer Margin and Other Lending $ in millions At At Margin and other lending $ 56,348 $ 71,532

Loans, Lending Commitments an_2

Loans, Lending Commitments and Related Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of Loans by Type	Loans by Type At March 31, 2022 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,105 $ 7,069 $ 13,174 Secured lending facilities 29,896 4,661 34,557 Commercial real estate 8,276 1,986 10,262 Residential real estate 47,236 6 47,242 Securities-based lending and Other loans 91,413 291 91,704 Total loans 182,926 14,013 196,939 ACL (679) (679) Total loans, net $ 182,247 $ 14,013 $ 196,260 Loans to non-U.S. borrowers, net $ 24,286 At December 31, 2021 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 5,567 $ 8,107 $ 13,674 Secured lending facilities 31,471 3,879 35,350 Commercial real estate 7,227 1,777 9,004 Residential real estate 44,251 7 44,258 Securities-based lending and Other loans 86,440 62 86,502 Total loans 174,956 13,832 188,788 ACL (654) (654) Total loans, net $ 174,302 $ 13,832 $ 188,134 Loans to non-U.S. borrowers, net $ 24,322
Schedule of Loans by Interest Rate Type	Loans by Interest Rate Type At March 31, 2022 At December 31, 2021 $ in millions Fixed Rate Floating or Adjustable Rate Fixed Rate Floating or Adjustable Rate Corporate $ — $ 13,174 $ — $ 13,674 Secured lending facilities — 34,557 — 35,350 Commercial real estate 342 9,920 343 8,661 Residential real estate 20,754 26,488 18,966 25,292 Securities-based lending and Other loans 24,705 66,999 22,832 63,670 Total loans, before ACL $ 45,801 $ 151,138 $ 42,141 $ 146,647
Schedule of Loans Held for Investment	Loans Held for Investment before Allowance by Origination Year At March 31, 2022 At December 31, 2021 Corporate $ in millions IG NIG Total IG NIG Total Revolving $ 2,681 $ 2,541 $ 5,222 $ 2,356 $ 2,328 $ 4,684 2022 — 3 3 2021 — 94 94 — 85 85 2020 110 27 137 111 26 137 2019 — 169 169 — 176 176 2018 196 — 196 196 — 196 Prior 225 59 284 229 60 289 Total $ 3,212 $ 2,893 $ 6,105 $ 2,892 $ 2,675 $ 5,567 At March 31, 2022 At December 31, 2021 Secured Lending Facilities $ in millions IG NIG Total IG NIG Total Revolving $ 7,784 $ 18,539 $ 26,323 $ 7,603 $ 20,172 $ 27,775 2022 — 403 403 2021 32 429 461 32 467 499 2020 — 140 140 35 160 195 2019 43 753 796 43 819 862 2018 268 415 683 297 703 1,000 Prior 144 946 1,090 144 996 1,140 Total $ 8,271 $ 21,625 $ 29,896 $ 8,154 $ 23,317 $ 31,471 At March 31, 2022 At December 31, 2021 Commercial Real Estate $ in millions IG NIG Total IG NIG Total Revolving $ 4 $ 83 $ 87 $ 3 $ 149 $ 152 2022 122 1,020 1,142 2021 457 1,490 1,947 423 1,292 1,715 2020 92 812 904 91 819 910 2019 1,182 936 2,118 976 1,266 2,242 2018 603 325 928 527 416 943 Prior 188 962 1,150 189 1,076 1,265 Total $ 2,648 $ 5,628 $ 8,276 $ 2,209 $ 5,018 $ 7,227 At March 31, 2022 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 64 $ 24 $ 4 $ 92 $ — $ 92 2022 3,468 733 93 3,980 314 4,294 2021 12,115 2,623 263 13,996 1,005 15,001 2020 7,711 1,592 130 8,935 498 9,433 2019 4,520 1,039 143 5,351 351 5,702 2018 1,775 481 53 2,130 179 2,309 Prior 7,701 2,345 359 9,535 870 10,405 Total $ 37,354 $ 8,837 $ 1,045 $ 44,019 $ 3,217 $ 47,236 At December 31, 2021 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 65 $ 27 $ 4 $ 96 $ — $ 96 2021 12,230 2,638 257 14,116 1,009 15,125 2020 7,941 1,648 131 9,210 510 9,720 2019 4,690 1,072 140 5,536 366 5,902 2018 1,865 497 55 2,231 186 2,417 2017 2,157 558 65 2,588 192 2,780 Prior 5,973 1,919 319 7,485 726 8,211 Total $ 34,921 $ 8,359 $ 971 $ 41,262 $ 2,989 $ 44,251 At March 31, 2022 Securities-based Lending 1 Other 2 $ in millions IG NIG Total Revolving $ 75,570 $ 6,105 $ 988 $ 82,663 2022 720 477 85 1,282 2021 800 565 152 1,517 2020 — 596 657 1,253 2019 19 994 602 1,615 2018 213 273 288 774 Prior 16 1,682 611 2,309 Total $ 77,338 $ 10,692 $ 3,383 $ 91,413 December 31, 2021 Securities-based Lending 1 Other 2 $ in millions IG NIG Total Revolving $ 71,485 $ 6,170 $ 858 $ 78,513 2021 807 708 103 1,618 2020 — 651 626 1,277 2019 19 1,079 633 1,731 2018 232 273 375 880 2017 — 531 217 748 Prior 16 1,294 363 1,673 Total $ 72,559 $ 10,706 $ 3,175 $ 86,440 IG—Investment Grade NIG—Non-investment Grade 1. Securities-based loans are subject to collateral maintenance provisions, and at March 31, 2022 and December 31, 2021, these loans are predominantly over-collateralized. For more information on the ACL methodology related to securities-based loans, see Note 2 to the financial statements in the 2021 Form 10-K. 2. Other loans primarily include certain loans originated in the tailored lending business within the Wealth Management business segment. Past Due Loans Held for Investment before Allowance 1 $ in millions At March 31, 2022 At December 31, 2021 Residential real estate 191 209 1. The majority of the amounts are past due for a period of less than 90 days. Nonaccrual Loans Held for Investment before Allowance $ in millions At March 31, 2022 At December 31, 2021 Corporate $ 77 $ 34 Secured lending facilities 110 375 Commercial real estate 287 195 Residential real estate 119 138 Securities-based lending and Other loans 142 151 Total 1 $ 735 $ 893 Nonaccrual loans without an ACL $ 112 $ 356 1. Includes all loans held for investment that are 90 days or more past due as of March 31, 2022 and December 31, 2021.
Schedule of Troubled Debt Restructurings	Troubled Debt Restructurings $ in millions At March 31, 2022 At December 31, 2021 Loans, before ACL $ 30 $ 49 Allowance for credit losses — 8
Schedule of Allowance for Credit Losses Rollforward - Loans and Lending Commitments	Allowance for Credit Losses Rollforward and Allocation—Loans $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2021 $ 165 $ 163 $ 206 $ 60 $ 60 $ 654 Gross charge-offs — (3) (7) — (1) (11) Provision (release) 6 12 6 13 2 39 Other (1) — (2) — — (3) March 31, 2022 $ 170 $ 172 $ 203 $ 73 $ 61 $ 679 Percent of loans to total loans 1 3 % 16 % 5 % 26 % 50 % 100 % $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2020 $ 309 $ 198 $ 211 $ 59 $ 58 $ 835 Gross charge-offs (1) — (9) — — (10) Provision (release) (56) (3) 5 (5) 1 (58) Other (2) (2) (1) — — (5) March 31, 2021 $ 250 $ 193 $ 206 $ 54 $ 59 $ 762 Percent of loans to total loans 1 4 % 18 % 5 % 25 % 48 % 100 % CRE—Commercial real estate SBL—Securities-based lending 1. Percent of loans to total loans represents loans held for investment by loan type to total loans held for investment. Allowance for Credit Losses Rollforward—Lending Commitments $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2021 $ 356 $ 41 $ 20 $ 1 $ 26 $ 444 Provision (release) 20 8 (7) — (3) 18 Other (3) — — — — (3) March 31, 2022 $ 373 $ 49 $ 13 $ 1 $ 23 $ 459 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total December 31, 2020 $ 323 $ 38 $ 11 $ 1 $ 23 $ 396 Provision (release) (33) (4) (2) — (1) (40) Other (1) 1 (1) — (1) (2) March 31, 2021 $ 289 $ 35 $ 8 $ 1 $ 21 $ 354
Schedule of Selected Credit Ratios	Selected Credit Ratios At At ACL to total loans 1 0.4 % 0.4 % Nonaccrual loans to total loans 2 0.4 % 0.5 % ACL to nonaccrual loans 3 92.4 % 73.2 % 1. Allowance for credit losses for loans to total loans held for investment. 2. Nonaccrual loans held for investment, which are loans that are 90 days or more past due, to total loans held for investment. 3. Allowance for credit losses for loans to nonaccrual loans held for investment.
Schedule of Employee Loans	Employee Loans $ in millions At At Currently employed by the Firm 1 $ 3,759 $ 3,613 No longer employed by the Firm 2 105 $ 113 Employee loans $ 3,864 $ 3,726 ACL (146) (153) Employee loans, net of ACL $ 3,718 $ 3,573 Remaining repayment term, weighted average in years 5.7 5.7 1. These loans are predominantly current as of March 31, 2022 and December 31, 2021. 2. These loans are predominantly past due for a period of 90 days or more as of March 31, 2022 and December 31, 2021.

Other Assets - Equity Method _2

Other Assets - Equity Method Investments (Tables)	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	Equity Method Investments $ in millions At At Investments $ 2,138 $ 2,214 Three Months Ended $ in millions 2022 2021 Income (loss) $ 6 $ (24)
Schedule of Joint Ventures	Japanese Securities Joint Venture Three Months Ended $ in millions 2022 2021 Income (loss) from investment in MUMSS $ 4 $ 32

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Schedule of Deposits	Deposits $ in millions At At Savings and demand deposits $ 348,651 $ 332,747 Time deposits 12,189 14,827 Total $ 360,840 $ 347,574 Deposits subject to FDIC insurance $ 234,779 $ 230,894 Deposits not subject to FDIC insurance $ 126,061 $ 116,680
Schedule of Time Deposit Maturities	Time Deposit Maturities $ in millions At 2022 $ 3,423 2023 4,187 2024 2,796 2025 882 2026 306 Thereafter 595 Total $ 12,189

Borrowings and Other Secured _2

Borrowings and Other Secured Financings (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Borrowings	Borrowings $ in millions At At Original maturities of one year or less $ 4,146 $ 5,764 Original maturities greater than one year Senior $ 212,687 $ 213,776 Subordinated 12,984 13,587 Total $ 225,671 $ 227,363 Total borrowings $ 229,817 $ 233,127 Weighted average stated maturity, in years 1 7.3 7.7 1. Only includes borrowings wit h original maturities greater than one year.
Schedule of Other Secured Financings	Other Secured Financings $ in millions At At Original maturities: One year or less $ 3,778 $ 4,573 Greater than one year 5,030 5,468 Total $ 8,808 $ 10,041 Transfers of assets accounted for as secured financings $ 1,071 $ 1,556

Commitments, Guarantees and C_2

Commitments, Guarantees and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments	Commitments Years to Maturity at March 31, 2022 $ in millions Less than 1 1-3 3-5 Over 5 Total Lending: Corporate $ 14,186 $ 36,316 $ 50,242 $ 6,200 $ 106,944 Secured lending facilities 6,524 7,576 3,640 553 18,293 Commercial and Residential real estate 412 813 26 259 1,510 Securities-based lending and Other 11,447 3,380 506 412 15,745 Forward-starting secured financing receivables 61,272 — — — 61,272 Central counterparty 300 — — 4,772 5,072 Underwriting 40 3,150 — — 3,190 Investment activities 1,157 176 52 380 1,765 Letters of credit and other financial guarantees 129 — — 3 132 Total $ 95,467 $ 51,411 $ 54,466 $ 12,579 $ 213,923 Lending commitments participated to third parties $ 7,963 Forward-starting secured financing receivables settled within three business days $ 51,192
Schedule of Obligations under Guarantee Arrangements	Guarantees At March 31, 2022 Maximum Potential Payout/Notional of Obligations by Years to Maturity Carrying Amount Asset (Liability) $ in millions Less than 1 1-3 3-5 Over 5 Non-credit derivatives 1 $ 1,316,262 $ 914,129 $ 322,125 $ 821,128 $ (67,840) Standby letters of credit and other financial guarantees issued 2 1,441 1,079 1,124 2,686 29 Market value guarantees 89 2 — — — Liquidity facilities 4,382 — — — 4 Whole loan sales guarantees — 2 85 23,095 — Securitization representations and warranties 3 — — — 79,059 (42) General partner guarantees 348 12 32 152 (79) Client clearing guarantees 150 — — — — 1. The carrying amounts of derivative contracts that meet the accounting definition of a guarantee are shown on a gross basis. For further information on derivatives contracts, see Note 6. 2. These amounts include certain issued standby letters of credit participated to third parties, totaling $0.8 billion of notional and collateral/recourse, due to the nature of the Firm’s obligations under these arrangements. As of March 31, 2022, the carrying amount of standby letters of credit and other financial guarantees issued includes an allowance for credit losses of $78 million. 3. Related to commercial and residential mortgage securitizations.

Variable Interest Entities an_2

Variable Interest Entities and Securitization Activities (Tables)	3 Months Ended
	Mar. 31, 2022
Variable Interest Entities and Securitization Activities [Abstract]
Schedule of Consolidated VIEs	Consolidated VIE Assets and Liabilities by Type of Activity At March 31, 2022 At December 31, 2021 $ in millions VIE Assets VIE Liabilities VIE Assets VIE Liabilities MABS 1 $ 1,272 $ 383 $ 1,177 $ 409 Investment vehicles 2 813 429 717 294 Operating entities 509 37 508 39 Other 579 288 510 286 Total $ 3,173 $ 1,137 $ 2,912 $ 1,028 1. Amounts include transactions backed by residential mortgage loans, commercial mortgage loans and other types of assets, including consumer or commercial assets and may be in loan or security form. The value of assets is determined based on the fair value of the liabilities and the interests owned by the Firm in such VIEs as the fair values for the liabilities and interests owned are more observable. 2. Amounts include investment funds and CLOs. Consolidated VIE Assets and Liabilities by Balance Sheet Caption $ in millions At At Assets Cash and cash equivalents $ 334 $ 341 Trading assets at fair value 2,252 1,965 Investment securities 34 37 Securities purchased under agreements to resell 200 200 Customer and other receivables 26 31 Intangible assets 82 85 Other assets 245 253 Total $ 3,173 $ 2,912 Liabilities Other secured financings $ 963 $ 767 Other liabilities and accrued expenses 174 261 Total $ 1,137 $ 1,028 Noncontrolling interests $ 119 $ 115
Schedule of Non-Consolidated VIEs	Non-consolidated VIEs At March 31, 2022 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 116,627 $ 1,379 $ 6,465 $ 2,043 $ 54,186 Maximum exposure to loss 3 Debt and equity interests $ 13,005 $ 157 $ — $ 1,449 $ 11,055 Derivative and other contracts — — 4,382 — 4,374 Commitments, guarantees and other 1,007 — — — 1,454 Total $ 14,012 $ 157 $ 4,382 $ 1,449 $ 16,883 Carrying value of variable interests—Assets Debt and equity interests $ 13,005 $ 157 $ — $ 1,449 $ 11,055 Derivative and other contracts — — 6 — 1,642 Total $ 13,005 $ 157 $ 6 $ 1,449 $ 12,697 Additional VIE assets owned 4 $ 13,339 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 1 $ — $ 280 At December 31, 2021 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 146,071 $ 667 $ 6,089 $ 2,086 $ 52,111 Maximum exposure to loss 3 Debt and equity interests $ 18,062 $ 129 $ — $ 1,459 $ 10,339 Derivative and other contracts — — 4,100 — 5,599 Commitments, guarantees and other 771 — — — 1,005 Total $ 18,833 $ 129 $ 4,100 $ 1,459 $ 16,943 Carrying value of variable interests – Assets Debt and equity interests $ 18,062 $ 129 $ — $ 1,459 $ 10,339 Derivative and other contracts — — 5 — 2,006 Total $ 18,062 $ 129 $ 5 $ 1,459 $ 12,345 Additional VIE assets owned 4 $ 15,392 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ — $ — $ 362 MTOB—Municipal tender option bonds 1. Amounts include transactions backed by residential mortgage loans, commercial mortgage loans and other types of assets, including consumer or commercial assets, and may be in loan or security form. 2. Other primarily includes exposures to commercial real estate property and investment funds. 3. Where notional amounts are utilized in quantifying the maximum exposure related to derivatives, such amounts do not reflect changes in fair value recorded by the Firm.
Schedule of Mortgage- and Asset-Backed Securitization Assets	Detail of Mortgage- and Asset-Backed Securitization Assets At March 31, 2022 At December 31, 2021 $ in millions UPB Debt and Equity Interests UPB Debt and Equity Interests Residential mortgages $ 12,741 $ 2,164 $ 15,216 $ 2,182 Commercial mortgages 67,450 4,058 68,503 4,092 U.S. agency collateralized mortgage obligations 31,914 4,818 57,972 9,835 Other consumer or commercial loans 4,522 1,965 4,380 1,953 Total $ 116,627 $ 13,005 $ 146,071 $ 18,062
Schedule of Transfers of Assets with Continuing Involvement	Transferred Assets with Continuing Involvement At March 31, 2022 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2 $ 8,677 $ 101,928 $ 33,602 $ 12,574 Retained interests Investment grade $ 96 $ 754 $ 363 $ — Non-investment grade 26 576 — 57 Total $ 122 $ 1,330 $ 363 $ 57 Interests purchased in the secondary market Investment grade $ 55 $ 65 $ 134 $ 4 Non-investment grade 44 49 — 2 Total $ 99 $ 114 $ 134 $ 6 Derivative assets $ — $ — $ — $ 1,050 Derivative liabilities — — — 185 At December 31, 2021 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2 $ 6,802 $ 94,276 $ 28,697 $ 13,121 Retained interests Investment grade $ 72 $ 638 $ 465 $ — Non-investment grade 19 586 — 69 Total $ 91 $ 1,224 $ 465 $ 69 Interests purchased in the secondary market Investment grade $ 18 $ 118 $ 33 $ — Non-investment grade 38 53 — 4 Total $ 56 $ 171 $ 33 $ 4 Derivative assets $ — $ — $ — $ 891 Derivative liabilities — — — 284 Fair Value At March 31, 2022 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 461 $ — $ 461 Non-investment grade 11 45 56 Total $ 472 $ 45 $ 517 Interests purchased in the secondary market Investment grade $ 250 $ 8 $ 258 Non-investment grade 60 35 95 Total $ 310 $ 43 $ 353 Derivative assets $ 1,050 $ — $ 1,050 Derivative liabilities 140 45 185 Fair Value at December 31, 2021 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 536 $ 2 $ 538 Non-investment grade 40 40 80 Total $ 576 $ 42 $ 618 Interests purchased in the secondary market Investment grade $ 168 $ 1 $ 169 Non-investment grade 70 25 95 Total $ 238 $ 26 $ 264 Derivative assets $ 891 $ — $ 891 Derivative liabilities 194 90 284 RML—Residential mortgage loans CML—Commercial mortgage loans 1. Amounts include CLO transactions managed by unrelated third parties.
Schedule of Proceeds from New Securitization Transactions and Sales of Loans	Proceeds from New Securitization Transactions and Sales of Loans Three Months Ended $ in millions 2022 2021 New transactions 1 $ 8,260 $ 14,790 Retained interests 1,622 2,579 Sales of corporate loans to CLO SPEs 1, 2 4 — 1. Net gains on new transactions and sales of corporate loans to CLO entities at the time of the sale were not material for all periods presented.
Schedule of Assets Sold with Retained Exposure	Assets Sold with Retained Exposure $ in millions At At Gross cash proceeds from sale of assets 1 $ 60,826 $ 67,930 Fair value Assets sold $ 62,015 $ 68,992 Derivative assets recognized in the balance sheet 1,474 1,195 Derivative liabilities recognized in the balance sheet 284 132

Regulatory Requirements (Tables

Regulatory Requirements (Tables)	3 Months Ended
	Mar. 31, 2022
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	Capital Buffer Requirements At March 31, 2022 and December 31, 2021 Standardized Advanced Capital buffers Capital conservation buffer — 2.5% SCB 5.7% N/A G-SIB capital surcharge 3.0% 3.0% CCyB 1 0% 0% Capital buffer requirement 8.7% 5.5% 1. The CCyB can be set up to 2.5%, but is currently set by the Federal Reserve at zero. Risk-Based Regulatory Capital Ratio Requirements Regulatory Minimum At March 31, 2022 and December 31, 2021 Standardized Advanced Required ratios 1 Common Equity Tier 1 capital ratio 4.5 % 13.2% 10.0% Tier 1 capital ratio 6.0 % 14.7% 11.5% Total capital ratio 8.0 % 16.7% 13.5% 1. Required ratios represent the regulatory minimum plus the capital buffer requirement. The Firm’s Regulatory Capital and Capital Ratios $ in millions Required 1 At March 31, 2022 At December 31, 2021 Risk-based capital Common Equity Tier 1 capital $ 72,477 $ 75,742 Tier 1 capital 80,121 83,348 Total capital 89,468 93,166 Total RWA 501,429 471,921 Common Equity Tier 1 capital ratio 13.2 % 14.5 % 16.0 % Tier 1 capital ratio 14.7 % 16.0 % 17.7 % Total capital ratio 16.7 % 17.8 % 19.7 % $ in millions Required Ratio 1 At March 31, 2022 At December 31, 2021 Leverage-based capital Adjusted average assets 2 $ 1,184,494 $ 1,169,939 Tier 1 leverage ratio 4.0 % 6.8 % 7.1 % Supplementary leverage exposure 3 $ 1,466,624 $ 1,476,962 SLR 5.0 % 5.5 % 5.6 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. 2. Adjusted average assets represents the denominator of the Tier 1 leverage ratio and is composed of the average daily balance of consolidated on-balance sheet assets for the quarters ending on the respective balance sheet dates, reduced by disallowed goodwill, intangible assets, investments in covered funds, defined benefit pension plan assets, after-tax gain on sale from assets sold into securitizations, investments in the Firm’s own capital instruments, certain defined tax assets and other capital deductions.
MSBNA
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	MSBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At March 31, 2022 At December 31, 2021 $ in millions Amount Ratio Amount Ratio Risk-based capital Common Equity Tier 1 capital 6.5 % 7.0 % $ 18,386 18.7 % $ 18,960 20.5 % Tier 1 capital 8.0 % 8.5 % 18,386 18.7 % 18,960 20.5 % Total capital 10.0 % 10.5 % 18,961 19.3 % 19,544 21.1 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 18,386 9.3 % $ 18,960 10.2 % SLR 6.0 % 3.0 % 18,386 7.4 % 18,960 8.1 %
MSPBNA
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	MSPBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At March 31, 2022 2 At December 31, 2021 $ in millions Amount Ratio Amount Ratio Risk-based capital Common Equity Tier 1 capital 6.5 % 7.0 % $ 15,142 29.4 % $ 10,293 24.3 % Tier 1 capital 8.0 % 8.5 % 15,142 29.4 % 10,293 24.3 % Total capital 10.0 % 10.5 % 15,237 29.6 % 10,368 24.5 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 15,142 7.4 % $ 10,293 6.9 % SLR 6.0 % 3.0 % 15,142 7.3 % 10,293 6.7 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. Failure to maintain the buffers would result in restrictions on the ability to make capital distributions, including the payment of dividends. 2. Regulatory capital amounts and ratios as of March 31, 2022 include the amounts from E*TRADE Bank (“ETB”) and E*TRADE Savings Bank (“ETSB”) as a result of the merger described herein.
MS&Co.
Regulatory Requirements
Schedule of Broker-Dealer Regulatory Capital Requirements	MS&Co. Regulatory Capital $ in millions At March 31, At December 31, Net capital $ 16,799 $ 18,383 Excess net capital 12,261 14,208

Total Equity (Tables)

Total Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Preferred Stock Outstanding and Preferred Stock Dividends	Preferred Stock Shares Outstanding Carrying Value $ in millions, except per share data At Liquidation Preference per Share At At Series A 44,000 $ 25,000 $ 1,100 $ 1,100 C 1 519,882 1,000 408 408 E 34,500 25,000 862 862 F 34,000 25,000 850 850 I 40,000 25,000 1,000 1,000 K 40,000 25,000 1,000 1,000 L 20,000 25,000 500 500 M 400,000 1,000 430 430 N 3,000 100,000 300 300 O 52,000 25,000 1,300 1,300 Total $ 7,750 $ 7,750 Shares authorized 30,000,000 1. Series C preferred stock is held by MUFG. Dividends $ in millions, except per share data Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 242 $ 11 $ 250 $ 11 C 25 13 25 13 E 445 15 445 15 F 430 14 430 14 H 2 — — 241 13 I 398 16 398 16 J 3 — — 253 15 K 366 15 366 15 L 305 6 305 6 M 4 29 12 29 12 N 5 2,650 8 2,650 8 O 6 266 14 — — Total Preferred stock $ 124 $ 138 Common stock $ 0.70 $ 1,252 $ 0.35 $ 635 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. A notice of redemption was issued for Series H preferred stock on November 19, 2021. 3. Series J was payable semiannually until July 15, 2020, after which it was payable quarterly until its redemption. 4. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 5. Series N is payable semiannually until March 15, 2023 and thereafter will be payable quarterly.
Schedule of Share Repurchases	Share Repurchases Three Months Ended March 31, $ in millions 2022 2021 Repurchases of common stock under the Firm’s Share Repurchase Program $ 2,872 $ 2,135
Schedule of Common Shares Outstanding for Basic and Diluted EPS	Common Shares Outstanding for Basic and Diluted EPS Three Months Ended in millions 2022 2021 Weighted average common shares outstanding, basic 1,733 1,795 Effect of dilutive RSUs and PSUs 22 23 Weighted average common shares outstanding and common stock equivalents, diluted 1,755 1,818 Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) 5 1
Schedule of Common Stock Dividends Per Share	Dividends $ in millions, except per share data Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 242 $ 11 $ 250 $ 11 C 25 13 25 13 E 445 15 445 15 F 430 14 430 14 H 2 — — 241 13 I 398 16 398 16 J 3 — — 253 15 K 366 15 366 15 L 305 6 305 6 M 4 29 12 29 12 N 5 2,650 8 2,650 8 O 6 266 14 — — Total Preferred stock $ 124 $ 138 Common stock $ 0.70 $ 1,252 $ 0.35 $ 635 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. A notice of redemption was issued for Series H preferred stock on November 19, 2021. 3. Series J was payable semiannually until July 15, 2020, after which it was payable quarterly until its redemption. 4. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 5. Series N is payable semiannually until March 15, 2023 and thereafter will be payable quarterly.
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) 1 $ in millions CTA AFS Securities Pension and Other DVA Total December 31, 2021 $ (1,002) $ 245 $ (551) $ (1,794) $ (3,102) OCI during the period (48) (2,395) 5 638 (1,800) March 31, 2022 $ (1,050) $ (2,150) $ (546) $ (1,156) $ (4,902) December 31, 2020 $ (795) $ 1,787 $ (498) $ (2,456) $ (1,962) OCI during the period (141) (776) 5 120 (792) March 31, 2021 $ (936) $ 1,011 $ (493) $ (2,336) $ (2,754) CTA—Cumulative foreign currency translation adjustments 1. Amounts are net of tax and noncontrolling interests.
Schedule of Components of Period Changes in OCI	Components of Period Changes in OCI Three Months Ended March 31, 2022 $ in millions Pre-tax Income After-tax Non- Net CTA OCI activity $ (60) $ (45) $ (105) $ (57) $ (48) Reclassified to earnings — — — — — Net OCI $ (60) $ (45) $ (105) $ (57) $ (48) Change in net unrealized gains (losses) on AFS securities OCI activity $ (3,084) $ 723 $ (2,361) $ — $ (2,361) Reclassified to earnings (44) 10 (34) — (34) Net OCI $ (3,128) $ 733 $ (2,395) $ — $ (2,395) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings 5 — 5 — 5 Net OCI $ 5 $ — $ 5 $ — $ 5 Change in net DVA OCI activity $ 871 $ (211) $ 660 $ 22 $ 638 Reclassified to earnings — — — — — Net OCI $ 871 $ (211) $ 660 $ 22 $ 638 Three Months Ended March 31, 2021 $ in millions Pre-tax Income After-tax Non- Net CTA OCI activity $ (104) $ (115) $ (219) $ (78) $ (141) Reclassified to earnings — — — — — Net OCI $ (104) $ (115) $ (219) $ (78) $ (141) Change in net unrealized gains (losses) on AFS securities OCI activity $ (876) $ 203 $ (673) $ — $ (673) Reclassified to earnings (134) 31 (103) — (103) Net OCI $ (1,010) $ 234 $ (776) $ — $ (776) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings 7 (2) 5 — 5 Net OCI $ 7 $ (2) $ 5 $ — $ 5 Change in net DVA OCI activity $ 167 $ (43) $ 124 $ 17 $ 107 Reclassified to earnings 17 (4) 13 — 13 Net OCI $ 184 $ (47) $ 137 $ 17 $ 120

Interest Income and Interest _2

Interest Income and Interest Expense (Tables)	3 Months Ended
	Mar. 31, 2022
Interest Income (Expense), Net [Abstract]
Schedule of Details of Interest Income and Interest Expense	Three Months Ended $ in millions 2022 2021 Interest income Investment securities $ 777 $ 849 Loans 1,156 988 Securities purchased under agreements to resell 1,2 13 (55) Securities borrowed 1,3 (217) (241) Trading assets, net of Trading liabilities 524 510 Customer receivables and Other 4 397 386 Total interest income $ 2,650 $ 2,437 Interest expense Deposits $ 73 $ 120 Borrowings 685 714 Securities sold under agreements to repurchase 1,5 49 37 Securities loaned 1,6 93 77 Customer payables and Other 7 (466) (539) Total interest expense $ 434 $ 409 Net interest $ 2,216 $ 2,028 1. Certain prior period amounts have been reclassified to conform to the current prese ntation. 2. Includes interest paid on Securities purchased under agreements to resell. 3. Includes fees paid on Securities borrowed. 4. Includes interest from Cash and cash equivalents. 5. Includes interest received on Securities sold under agreements to repurchase. 6. Includes fees received on Securities loaned.
Schedule of Accrued Interest	Accrued Interest $ in millions At March 31, At December 31, Customer and other receivables $ 2,309 $ 1,800 Customer and other payables 2,659 2,164

Segment, Geographic and Reven_2

Segment, Geographic and Revenue Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Selected Financial Information by Business Segment	Selected Financial Information by Business Segment Three Months Ended March 31, 2022 $ in millions IS WM IM I/E Total Investment banking $ 1,634 $ 143 $ — $ (19) $ 1,758 Trading 4,205 (231) (9) 18 3,983 Investments 99 12 (36) — 75 Commissions and fees 1 774 723 — (81) 1,416 Asset management 1,2 147 3,626 1,388 (42) 5,119 Other 117 122 (2) (3) 234 Total non-interest revenues 6,976 4,395 1,341 (127) 12,585 Interest income 1,062 1,637 7 (56) 2,650 Interest expense 381 97 13 (57) 434 Net interest 681 1,540 (6) 1 2,216 Net revenues $ 7,657 $ 5,935 $ 1,335 $ (126) $ 14,801 Provision for credit losses $ 44 $ 13 $ — $ — $ 57 Compensation and benefits 2,604 3,125 545 — 6,274 Non-compensation expenses 2,222 1,224 562 (126) 3,882 Total non-interest expenses $ 4,826 $ 4,349 $ 1,107 $ (126) $ 10,156 Income before provision for income taxes $ 2,787 $ 1,573 $ 228 $ — $ 4,588 Provision for income taxes 535 301 37 — 873 Net income 2,252 1,272 191 — 3,715 Net income applicable to noncontrolling interests 61 — (12) — 49 Net income applicable to Morgan Stanley $ 2,191 $ 1,272 $ 203 $ — $ 3,666 Three Months Ended March 31, 2021 $ in millions IS WM IM I/E Total Investment banking $ 2,613 $ 251 $ — $ (24) $ 2,840 Trading 4,073 126 3 23 4,225 Investments 86 2 230 — 318 Commissions and fees 1 870 851 — (95) 1,626 Asset management 1,2 139 3,191 1,103 (35) 4,398 Other 158 153 (24) (3) 284 Total non-interest revenues 7,939 4,574 1,312 (134) 13,691 Interest income 970 1,486 8 (27) 2,437 Interest expense 332 101 6 (30) 409 Net interest 638 1,385 2 3 2,028 Net revenues $ 8,577 $ 5,959 $ 1,314 $ (131) $ 15,719 Provision for credit losses $ (93) $ (5) $ — $ — $ (98) Compensation and benefits 3,114 3,170 514 — 6,798 Non-compensation expenses 2,185 1,194 430 (134) 3,675 Total non-interest expenses $ 5,299 $ 4,364 $ 944 $ (134) $ 10,473 Income before provision for income taxes $ 3,371 $ 1,600 $ 370 $ 3 $ 5,344 Provision for income taxes 736 358 81 1 1,176 Net income 2,635 1,242 289 2 4,168 Net income applicable to noncontrolling interests 34 — 14 — 48 Net income applicable to Morgan Stanley $ 2,601 $ 1,242 $ 275 $ 2 $ 4,120 1. Substantially all revenues are from contracts with customers. 2. Includes certain fees that may relate to services performed in prior periods.
Schedule of Investment Banking Revenues	Detail of Investment Banking Revenues Three Months Ended $ in millions 2022 2021 Institutional Securities Advisory $ 944 $ 480 Institutional Securities Underwriting 690 2,133 Firm Investment banking revenues from contracts with customers 90 % 92 %
Schedule of Trading Revenues by Product Type	Trading Revenues by Product Type Three Months Ended $ in millions 2022 2021 Interest rate $ 391 $ 859 Foreign exchange 648 274 Equity 1 2,007 1,695 Commodity and other 525 861 Credit 412 536 Total $ 3,983 $ 4,225
Schedule of Net Unrealized Carried Interest and Reduction of Fees due to Fee Waivers	Investment Management Investments Revenues—Net Cumulative Unrealized Carried Interest $ in millions At At Net cumulative unrealized performance-based fees at risk of reversing $ 824 $ 802 Investment Management Asset Management Revenues—Reduction of Fees Due to Fee Waivers Three Months Ended $ in millions 2022 2021 Fee waivers $ 124 $ 94
Schedule of Other Expenses - Transaction Taxes	Other Expenses — Transaction Taxes Three Months Ended $ in millions 2022 2021 Transaction taxes $ 258 $ 238
Schedule of Net Revenues by Region	Net Revenues by Region Three Months Ended $ in millions 2022 2021 Americas $ 10,464 $ 11,191 EMEA 2,311 2,159 Asia 2,026 2,369 Total $ 14,801 $ 15,719
Schedule of Revenue Recognized from Prior Services	Revenues Recognized from Prior Services Three Months Ended $ in millions 2022 2021 Non-interest revenues $ 1,005 $ 541
Schedule of Receivables from Contracts with Customers	Receivables from Contracts with Customers $ in millions At At Customer and other receivables $ 3,445 $ 3,591
Schedule of Assets by Business Segment	Assets by Business Segment $ in millions At At Institutional Securities $ 826,242 $ 792,135 Wealth Management 378,501 378,438 Investment Management 17,490 17,567 Total 1 $ 1,222,233 $ 1,188,140

Cash and Cash Equivalents - Sum

Cash and Cash Equivalents - Summary (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Cash and due from banks	$ 9,086	$ 8,394
Interest bearing deposits in banks	127,000	119,331
Total Cash and cash equivalents	136,086	127,725
Restricted cash	$ 41,315	$ 40,887

Fair Values - Assets and Liabil

Fair Values - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets at fair value
Derivative and other contracts	$ 57,881	$ 38,154
Investment securities	166,130	182,712
Total trading assets	296,881	294,869
Investment securities—AFS	90,354	102,830
Securities purchased under agreements to resell	2	7
Liabilities at fair value
Deposits	2,013	1,940
Derivative and other contracts	42,357	34,568
Securities sold under agreements to repurchase	964	791
Other secured financings	4,751	5,133
Borrowings	75,963	76,340
State and municipal securities
Assets at fair value
Investment securities—AFS	1,302	648
Recurring
Assets at fair value
Netting	(55,468)	(50,833)
Liabilities at fair value
Netting	(55,224)	(50,632)
Borrowings	75,963	76,340
Recurring | Interest rate
Liabilities at fair value
Borrowings	27,100	28,638
Recurring | Credit
Liabilities at fair value
Borrowings	1,310	1,347
Recurring | Foreign exchange
Liabilities at fair value
Borrowings	1,165	1,472
Recurring | Equity
Liabilities at fair value
Borrowings	37,987	37,046
Recurring | Commodity and other
Liabilities at fair value
Borrowings	8,401	7,837
Recurring | Loans and lending commitments
Assets at fair value
Trading assets	12,490	12,627
Recurring | Total
Assets at fair value
Derivative and other contracts	57,881	38,154
Netting	(344,762)	(299,137)
Investment securities	2,542	2,706
Physical commodities	2,709	2,771
Total trading assets	291,990	290,122
Investment securities—AFS	90,354	102,830
Securities purchased under agreements to resell	2	7
Total assets at fair value	382,346	392,959
Liabilities at fair value
Deposits	2,013	1,940
Trading liabilities	176,578	158,328
Derivative and other contracts	42,357	34,568
Netting	(344,518)	(298,936)
Securities sold under agreements to repurchase	964	791
Other secured financings	4,751	5,133
Borrowings	75,963	76,340
Total liabilities at fair value	260,269	242,532
Recurring | Total | Interest rate
Assets at fair value
Derivative and other contracts	174,627	155,565
Liabilities at fair value
Derivative and other contracts	165,342	147,202
Recurring | Total | Credit
Assets at fair value
Derivative and other contracts	11,506	8,950
Liabilities at fair value
Derivative and other contracts	11,502	9,501
Recurring | Total | Foreign exchange
Assets at fair value
Derivative and other contracts	101,295	74,731
Liabilities at fair value
Derivative and other contracts	93,295	73,195
Recurring | Total | Equity
Assets at fair value
Derivative and other contracts	65,909	70,332
Liabilities at fair value
Derivative and other contracts	73,898	80,678
Recurring | Total | Commodity and other
Assets at fair value
Derivative and other contracts	49,306	27,713
Liabilities at fair value
Derivative and other contracts	42,838	22,928
Recurring | Total | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	15,202	16,752
Recurring | Total | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	27,664	22,833
Recurring | Total | Corporate and other debt
Liabilities at fair value
Trading liabilities	11,098	8,723
Recurring | Total | Corporate equities
Liabilities at fair value
Trading liabilities	80,257	75,452
Recurring | Total | U.S. Treasury and agency securities
Assets at fair value
Trading assets	63,726	75,721
Recurring | Total | Other sovereign government obligations
Assets at fair value
Trading assets	32,059	32,785
Recurring | Total | State and municipal securities
Assets at fair value
Trading assets	1,664	1,918
Recurring | Total | MABS
Assets at fair value
Trading assets	1,280	1,581
Recurring | Total | Loans and lending commitments
Assets at fair value
Trading assets	12,490	12,627
Recurring | Total | Corporate and other debt
Assets at fair value
Trading assets	30,504	29,282
Recurring | Total | Corporate equities
Assets at fair value
Equity securities	87,135	92,577
Recurring | Level 1
Assets at fair value
Derivative and other contracts	6,196	1,720
Netting	(17,166)	(5,696)
Investment securities	661	735
Physical commodities	0	0
Total trading assets	161,450	168,096
Investment securities—AFS	56,479	59,021
Securities purchased under agreements to resell	0	0
Total assets at fair value	217,929	227,117
Liabilities at fair value
Deposits	0	0
Trading liabilities	125,770	114,477
Derivative and other contracts	5,892	2,092
Netting	(17,166)	(5,696)
Securities sold under agreements to repurchase	0	0
Other secured financings	0	0
Borrowings	0	0
Total liabilities at fair value	125,770	114,477
Recurring | Level 1 | Interest rate
Assets at fair value
Derivative and other contracts	10,124	1,364
Liabilities at fair value
Derivative and other contracts	9,127	1,087
Recurring | Level 1 | Credit
Assets at fair value
Derivative and other contracts	0	0
Liabilities at fair value
Derivative and other contracts	0	0
Recurring | Level 1 | Foreign exchange
Assets at fair value
Derivative and other contracts	39	28
Liabilities at fair value
Derivative and other contracts	31	19
Recurring | Level 1 | Equity
Assets at fair value
Derivative and other contracts	997	1,562
Liabilities at fair value
Derivative and other contracts	1,184	2,119
Recurring | Level 1 | Commodity and other
Assets at fair value
Derivative and other contracts	12,202	4,462
Liabilities at fair value
Derivative and other contracts	12,716	4,563
Recurring | Level 1 | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	15,090	16,433
Recurring | Level 1 | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	24,751	20,771
Recurring | Level 1 | Corporate and other debt
Liabilities at fair value
Trading liabilities	0	0
Recurring | Level 1 | Corporate equities
Liabilities at fair value
Trading liabilities	80,037	75,181
Recurring | Level 1 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	44,038	45,970
Recurring | Level 1 | Other sovereign government obligations
Assets at fair value
Trading assets	24,449	28,041
Recurring | Level 1 | State and municipal securities
Assets at fair value
Trading assets	0	0
Recurring | Level 1 | MABS
Assets at fair value
Trading assets	0	0
Recurring | Level 1 | Loans and lending commitments
Assets at fair value
Trading assets	0	0
Recurring | Level 1 | Corporate and other debt
Assets at fair value
Trading assets	0	0
Recurring | Level 1 | Corporate equities
Assets at fair value
Equity securities	86,106	91,630
Recurring | Level 2
Assets at fair value
Derivative and other contracts	102,544	82,959
Netting	(271,135)	(241,814)
Investment securities	761	846
Physical commodities	2,709	2,771
Total trading assets	174,599	160,962
Investment securities—AFS	33,875	43,809
Securities purchased under agreements to resell	2	7
Total assets at fair value	208,476	204,778
Liabilities at fair value
Deposits	1,987	1,873
Trading liabilities	102,849	91,556
Derivative and other contracts	88,554	80,242
Netting	(271,135)	(241,814)
Securities sold under agreements to repurchase	448	140
Other secured financings	4,631	4,730
Borrowings	73,564	74,183
Total liabilities at fair value	183,479	172,482
Recurring | Level 2 | Interest rate
Assets at fair value
Derivative and other contracts	163,417	153,048
Liabilities at fair value
Derivative and other contracts	155,763	145,670
Recurring | Level 2 | Credit
Assets at fair value
Derivative and other contracts	10,860	8,441
Liabilities at fair value
Derivative and other contracts	10,949	9,090
Recurring | Level 2 | Foreign exchange
Assets at fair value
Derivative and other contracts	101,193	74,571
Liabilities at fair value
Derivative and other contracts	93,168	73,096
Recurring | Level 2 | Equity
Assets at fair value
Derivative and other contracts	64,521	68,519
Liabilities at fair value
Derivative and other contracts	71,669	77,363
Recurring | Level 2 | Commodity and other
Assets at fair value
Derivative and other contracts	33,688	20,194
Liabilities at fair value
Derivative and other contracts	28,140	16,837
Recurring | Level 2 | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	112	319
Recurring | Level 2 | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	2,911	2,062
Recurring | Level 2 | Corporate and other debt
Liabilities at fair value
Trading liabilities	11,081	8,707
Recurring | Level 2 | Corporate equities
Liabilities at fair value
Trading liabilities	191	226
Recurring | Level 2 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	19,680	29,749
Recurring | Level 2 | Other sovereign government obligations
Assets at fair value
Trading assets	7,422	4,533
Recurring | Level 2 | State and municipal securities
Assets at fair value
Trading assets	1,664	1,905
Recurring | Level 2 | MABS
Assets at fair value
Trading assets	929	1,237
Recurring | Level 2 | Loans and lending commitments
Assets at fair value
Trading assets	9,349	8,821
Recurring | Level 2 | Corporate and other debt
Assets at fair value
Trading assets	28,751	27,309
Recurring | Level 2 | Corporate equities
Assets at fair value
Equity securities	790	832
Recurring | Level 3
Assets at fair value
Equity securities	239	115
Derivative and other contracts	4,609	4,308
Netting	(993)	(794)
Investment securities	1,120	1,125
Physical commodities	0	0
Total trading assets	11,409	11,897
Investment securities—AFS	0	0
Securities purchased under agreements to resell	0	0
Total assets at fair value	11,409	11,897
Liabilities at fair value
Deposits	26	67
Trading liabilities	3,183	2,927
Derivative and other contracts	3,135	2,866
Netting	(993)	(794)
Securities sold under agreements to repurchase	516	651
Other secured financings	120	403
Borrowings	2,399	2,157
Total liabilities at fair value	6,244	6,205
Recurring | Level 3 | Interest rate
Assets at fair value
Derivative and other contracts	1,086	1,153
Liabilities at fair value
Derivative and other contracts	452	445
Recurring | Level 3 | Credit
Assets at fair value
Derivative and other contracts	646	509
Liabilities at fair value
Derivative and other contracts	553	411
Recurring | Level 3 | Foreign exchange
Assets at fair value
Derivative and other contracts	63	132
Liabilities at fair value
Derivative and other contracts	96	80
Recurring | Level 3 | Equity
Assets at fair value
Derivative and other contracts	391	251
Liabilities at fair value
Derivative and other contracts	1,045	1,196
Recurring | Level 3 | Commodity and other
Assets at fair value
Derivative and other contracts	3,416	3,057
Liabilities at fair value
Derivative and other contracts	1,982	1,528
Recurring | Level 3 | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	0	0
Recurring | Level 3 | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	2	0
Recurring | Level 3 | Corporate and other debt
Liabilities at fair value
Trading liabilities	17	16
Recurring | Level 3 | Corporate equities
Liabilities at fair value
Trading liabilities	29	45
Recurring | Level 3 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	8	2
Recurring | Level 3 | Other sovereign government obligations
Assets at fair value
Trading assets	188	211
Recurring | Level 3 | State and municipal securities
Assets at fair value
Trading assets	0	13
Recurring | Level 3 | MABS
Assets at fair value
Trading assets	351	344
Recurring | Level 3 | Loans and lending commitments
Assets at fair value
Trading assets	3,141	3,806
Recurring | Level 3 | Corporate and other debt
Assets at fair value
Trading assets	1,753	1,973
Recurring | Level 3 | Corporate equities
Assets at fair value
Equity securities	$ 239	$ 115

Fair Values - Detail of Loans a

Fair Values - Detail of Loans and Lending Commitments at Fair Value (Details) - Loans and lending commitments - Recurring - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Measurements
Trading assets	$ 12,490	$ 12,627
Corporate
Fair Value Measurements
Trading assets	8	8
Commercial real estate
Fair Value Measurements
Trading assets	1,407	863
Residential real estate
Fair Value Measurements
Trading assets	3,085	3,911
Securities-based lending and Other loans
Fair Value Measurements
Trading assets	$ 7,990	$ 7,845

Fair Values - Detail of Unsettl

Fair Values - Detail of Unsettled Fair Value of Futures Contracts (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Futures Contracts | Customer and other receivables (payables), net | Recurring
Fair Value Measurements
Derivative assets, unsettled fair value	$ 377	$ 948

Fair Values - Activity of Level

Fair Values - Activity of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Recurring - Level 3 - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Liabilities at Fair Value
Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA	$ (29)		$ (29)
Deposits
Liabilities at Fair Value
Beginning balance	67		126
Realized and unrealized losses (gains)	0		(4)
Issuances	0		11
Settlements	(5)		(2)
Net transfers	(36)		46
Ending balance	26	$ 67	177
Unrealized losses (gains)	0		(4)
Nonderivative trading liabilities
Liabilities at Fair Value
Beginning balance	61		79
Realized and unrealized losses (gains)	(3)		(9)
Purchases	(33)		(20)
Sales	11		13
Net transfers	12		(1)
Ending balance	48	61	62
Unrealized losses (gains)	(3)		(9)
Securities sold under agreements to repurchase
Liabilities at Fair Value
Beginning balance	651		444
Realized and unrealized losses (gains)	2		(2)
Settlements	(10)		0
Net transfers	(127)		(1)
Ending balance	516	651	441
Unrealized losses (gains)	2		(2)
Other secured financings
Liabilities at Fair Value
Beginning balance	403		516
Realized and unrealized losses (gains)	(3)		(5)
Issuances	28		370
Settlements	(305)		(322)
Net transfers	(3)		(4)
Ending balance	120	403	555
Unrealized losses (gains)	(3)		(5)
Borrowings
Liabilities at Fair Value
Beginning balance	2,157		4,374
Realized and unrealized losses (gains)	(143)		(118)
Issuances	161		231
Settlements	(42)		(316)
Net transfers	266		91
Ending balance	2,399	2,157	4,262
Unrealized losses (gains)	(143)		(116)
Interest rate
Assets at Fair value
Beginning balance	708		682
Realized and unrealized gains (losses)	39		(413)
Purchases	3		31
Issuances	(2)		(17)
Settlements	(21)		83
Net transfers	(93)		325
Ending balance	634	708	691
Unrealized gains (losses)	147		(403)
Credit
Assets at Fair value
Beginning balance	98		49
Realized and unrealized gains (losses)	43		(4)
Purchases	8		19
Issuances	(8)		(8)
Settlements	(68)		(72)
Net transfers	20		(66)
Ending balance	93	98	(82)
Unrealized gains (losses)	28		(13)
Foreign exchange
Assets at Fair value
Beginning balance	52		61
Realized and unrealized gains (losses)	(145)		(236)
Purchases	5		2
Issuances	0		(4)
Settlements	81		26
Net transfers	(26)		41
Ending balance	(33)	52	(110)
Unrealized gains (losses)	(138)		(206)
Equity
Assets at Fair value
Beginning balance	(945)		(2,231)
Realized and unrealized gains (losses)	98		63
Purchases	28		77
Issuances	(68)		(297)
Settlements	117		65
Net transfers	116		206
Ending balance	(654)	(945)	(2,117)
Unrealized gains (losses)	88		12
Commodity and other
Assets at Fair value
Beginning balance	1,529		1,709
Realized and unrealized gains (losses)	4		331
Purchases	9		7
Issuances	(11)		(1)
Settlements	(47)		(131)
Net transfers	(50)		29
Ending balance	1,434	1,529	1,944
Unrealized gains (losses)	(216)		215
U.S. Treasury and agency securities
Assets at Fair value
Beginning balance	2		9
Purchases	1		12
Sales	0		(9)
Net transfers	5		0
Ending balance	8	2	12
Unrealized gains (losses)	0		0
Other sovereign government obligations
Assets at Fair value
Beginning balance	211		268
Purchases	6		15
Sales	(40)		(256)
Net transfers	11		(10)
Ending balance	188	211	17
Unrealized gains (losses)	0		0
State and municipal securities
Assets at Fair value
Beginning balance	13		0
Net transfers	(13)		0
Ending balance	0	13	0
Unrealized gains (losses)	0		0
MABS
Assets at Fair value
Beginning balance	344		322
Realized and unrealized gains (losses)	(1)		51
Purchases	56		144
Sales	(96)		(103)
Net transfers	48		(40)
Ending balance	351	344	374
Unrealized gains (losses)	(3)		(2)
Loans and lending commitments
Assets at Fair value
Beginning balance	3,806		5,759
Realized and unrealized gains (losses)	26		(26)
Purchases and originations	369		1,833
Sales	(210)		(2,060)
Settlements	(409)		(388)
Net transfers	(441)		(73)
Ending balance	3,141	3,806	5,045
Unrealized gains (losses)	22		(32)
Corporate and other debt
Assets at Fair value
Beginning balance	1,973		3,435
Realized and unrealized gains (losses)	12		(51)
Purchases and originations	71		867
Sales	(160)		(749)
Settlements	0		(255)
Net transfers	(143)		72
Ending balance	1,753	1,973	3,319
Unrealized gains (losses)	7		2
Corporate equities
Assets at Fair value
Beginning balance	115		86
Realized and unrealized gains (losses)	0		16
Purchases	24		25
Sales	(82)		(46)
Net transfers	182		33
Ending balance	239	115	114
Unrealized gains (losses)	0		18
Investments
Assets at Fair value
Beginning balance	1,125		828
Realized and unrealized gains (losses)	(24)		6
Purchases	20		64
Sales	(4)		(15)
Net transfers	3		41
Ending balance	1,120	1,125	924
Unrealized gains (losses)	(26)		(6)
Investment securities —AFS
Assets at Fair value
Beginning balance	0		2,804
Realized and unrealized gains (losses)	0		(4)
Sales	0		(192)
Net transfers	0		(2,481)
Ending balance	0	0	127
Unrealized gains (losses)	0		(5)
Liabilities at Fair Value
Transfers from Level 3 to Level 2		2,500
Securities purchased under agreements to resell
Assets at Fair value
Beginning balance	0		3
Net transfers	0		(3)
Ending balance	0	$ 0	0
Unrealized gains (losses)	$ 0		$ 0

Fair Values - Valuation Techniq

Fair Values - Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements (Details) $ in Millions	Mar. 31, 2022USD ($)$ / MWh	Dec. 31, 2021USD ($)$ / MWh
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 57,881	$ 38,154
Deposits	2,013	1,940
Securities sold under agreements to repurchase	964	791
Other secured financings	8,808	10,041
Borrowings	75,963	76,340
Recurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings	75,963	76,340
Recurring | Loans and lending commitments
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	12,490	12,627
Nonrecurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans	2,901	5,611
Level 3 | Recurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Corporate equities	239	115
Investments	1,120	1,125
Derivative assets	4,609	4,308
Deposits	26	67
Securities sold under agreements to repurchase	516	651
Other secured financings	120	403
Borrowings	$ 2,399	$ 2,157
Level 3 | Recurring | Comparable Pricing | Equity Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Corporate equities, measurement input value	1	1
Level 3 | Recurring | Other sovereign government obligations
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	$ 188	$ 211
Level 3 | Recurring | MABS
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	351	344
Level 3 | Recurring | Loans and lending commitments
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	3,141	3,806
Level 3 | Recurring | Corporate and other debt
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	1,753	1,973
Level 3 | Recurring | Interest rate
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	634	$ 708
Level 3 | Recurring | Interest rate | Option Model | IR Curve
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value		0.04
Level 3 | Recurring | Credit
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 93	$ 98
Level 3 | Recurring | Credit | Credit Default Swap Model | Cash-Synthetic Basis
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0007	0.0007
Level 3 | Recurring | Foreign exchange
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ (33)	$ 52
Level 3 | Recurring | Equity
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	(654)	(945)
Level 3 | Recurring | Commodity and other
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 1,434	$ 1,529
Level 3 | Recurring | Minimum | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Other secured financings, measurement input value	0.0023	0.0030
Loans, measurement input value	0.0047	0.0040
Level 3 | Recurring | Minimum | Comparable Pricing | Equity Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	0.43	0.43
Level 3 | Recurring | Minimum | Discounted Cash Flow | WACC
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	0.13	0.10
Level 3 | Recurring | Minimum | Discounted Cash Flow | Exit Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	8	8
Level 3 | Recurring | Minimum | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Securities sold under agreement to repurchase, measurement input value	0.0084	0.0112
Level 3 | Recurring | Minimum | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Deposits, measurement input value		0.07
Borrowings, measurement input value	0.07	0.07
Level 3 | Recurring | Minimum | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.34
Level 3 | Recurring | Minimum | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.46
Level 3 | Recurring | Minimum | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.27)	(0.26)
Level 3 | Recurring | Minimum | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.01)	(0.01)
Level 3 | Recurring | Minimum | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.39	0.41
Level 3 | Recurring | Minimum | Option Model | Equity - FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.55)	(0.55)
Level 3 | Recurring | Minimum | Market Approach | EBITDA Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	8	8
Level 3 | Recurring | Minimum | Other sovereign government obligations | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.91	1
Level 3 | Recurring | Minimum | MABS | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0	0
Level 3 | Recurring | Minimum | Loans and lending commitments | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	88	89
Level 3 | Recurring | Minimum | Loans and lending commitments | Margin Loan Model | Margin Loan Rate
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.01	0.01
Level 3 | Recurring | Minimum | Corporate and other debt | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	50	50
Level 3 | Recurring | Minimum | Corporate and other debt | Discounted Cash Flow | Loss Given Default
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.54	0.54
Borrowings, measurement input value	0.54	0.54
Level 3 | Recurring | Minimum | Interest rate | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.45	0.39
Level 3 | Recurring | Minimum | Interest rate | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.46	0.62
Level 3 | Recurring | Minimum | Interest rate | Option Model | Bond Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.08	0.05
Level 3 | Recurring | Minimum | Interest rate | Option Model | Inflation Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.24	0.24
Level 3 | Recurring | Minimum | Credit | Credit Default Swap Model | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value		0
Level 3 | Recurring | Minimum | Credit | Credit Default Swap Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0010	0.0014
Level 3 | Recurring | Minimum | Credit | Credit Default Swap Model | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0015	0.0015
Level 3 | Recurring | Minimum | Foreign exchange | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.45	0.39
Level 3 | Recurring | Minimum | Foreign exchange | Option Model | IR Curve
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.02	(0.01)
Level 3 | Recurring | Minimum | Foreign exchange | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.54	0.53
Level 3 | Recurring | Minimum | Foreign exchange | Option Model | Foreign Exchange Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	(0.37)	(0.04)
Level 3 | Recurring | Minimum | Foreign exchange | Option Model | Contingency Probability
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.80	0.90
Level 3 | Recurring | Minimum | Equity | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.07	0.05
Level 3 | Recurring | Minimum | Equity | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	(0.06)	(0.04)
Level 3 | Recurring | Minimum | Equity | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.05	0.05
Level 3 | Recurring | Minimum | Equity | Option Model | FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	(0.85)	(0.85)
Level 3 | Recurring | Minimum | Equity | Option Model | IR Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.12	0.13
Level 3 | Recurring | Minimum | Commodity and other | Option Model | Forward Power Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value | $ / MWh	7	4
Level 3 | Recurring | Minimum | Commodity and other | Option Model | Commodity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.08	0.08
Level 3 | Recurring | Minimum | Commodity and other | Option Model | Cross-Commodity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.41	0.43
Level 3 | Recurring | Maximum | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Other secured financings, measurement input value	0.0100	0.0100
Loans, measurement input value	0.0080	0.0080
Level 3 | Recurring | Maximum | Comparable Pricing | Equity Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	1	1
Level 3 | Recurring | Maximum | Discounted Cash Flow | WACC
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	0.16	0.16
Level 3 | Recurring | Maximum | Discounted Cash Flow | Exit Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	17	17
Level 3 | Recurring | Maximum | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Securities sold under agreement to repurchase, measurement input value	0.0131	0.0127
Level 3 | Recurring | Maximum | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.93	0.85
Level 3 | Recurring | Maximum | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.82
Level 3 | Recurring | Maximum | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.93
Level 3 | Recurring | Maximum | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.12	0.08
Level 3 | Recurring | Maximum | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0	0
Level 3 | Recurring | Maximum | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.95	0.95
Level 3 | Recurring | Maximum | Option Model | Equity - FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.25	0.25
Level 3 | Recurring | Maximum | Market Approach | EBITDA Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	23	25
Level 3 | Recurring | Maximum | Other sovereign government obligations | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	1.08	1.40
Level 3 | Recurring | Maximum | MABS | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.83	0.86
Level 3 | Recurring | Maximum | Loans and lending commitments | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	102	101
Level 3 | Recurring | Maximum | Loans and lending commitments | Margin Loan Model | Margin Loan Rate
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.04	0.04
Level 3 | Recurring | Maximum | Corporate and other debt | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	165	163
Level 3 | Recurring | Maximum | Corporate and other debt | Discounted Cash Flow | Loss Given Default
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.84	0.84
Borrowings, measurement input value	0.84	0.84
Level 3 | Recurring | Maximum | Interest rate | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.79	0.79
Level 3 | Recurring | Maximum | Interest rate | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.93	0.98
Level 3 | Recurring | Maximum | Interest rate | Option Model | Bond Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.26	0.32
Level 3 | Recurring | Maximum | Interest rate | Option Model | Inflation Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.65	0.65
Level 3 | Recurring | Maximum | Credit | Credit Default Swap Model | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value		0.0083
Level 3 | Recurring | Maximum | Credit | Credit Default Swap Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0481	0.0477
Level 3 | Recurring | Maximum | Credit | Credit Default Swap Model | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0590	0.0433
Level 3 | Recurring | Maximum | Foreign exchange | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.79	0.79
Level 3 | Recurring | Maximum | Foreign exchange | Option Model | IR Curve
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.07	0.07
Level 3 | Recurring | Maximum | Foreign exchange | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.56	0.56
Level 3 | Recurring | Maximum | Foreign exchange | Option Model | Foreign Exchange Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.25	(0.02)
Level 3 | Recurring | Maximum | Foreign exchange | Option Model | Contingency Probability
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.95	0.95
Level 3 | Recurring | Maximum | Equity | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.96	0.99
Level 3 | Recurring | Maximum | Equity | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0	0
Level 3 | Recurring | Maximum | Equity | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.97	0.99
Level 3 | Recurring | Maximum | Equity | Option Model | FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.60	0.37
Level 3 | Recurring | Maximum | Equity | Option Model | IR Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.30	0.30
Level 3 | Recurring | Maximum | Commodity and other | Option Model | Forward Power Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value | $ / MWh	260	263
Level 3 | Recurring | Maximum | Commodity and other | Option Model | Commodity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	1.96	3.85
Level 3 | Recurring | Maximum | Commodity and other | Option Model | Cross-Commodity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	1	1
Level 3 | Recurring | Weighted Average | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Other secured financings, measurement input value	0.0080	0.0083
Loans, measurement input value	0.0063	0.0061
Level 3 | Recurring | Weighted Average | Comparable Pricing | Equity Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	0.99	0.99
Level 3 | Recurring | Weighted Average | Discounted Cash Flow | WACC
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	0.15	0.15
Level 3 | Recurring | Weighted Average | Discounted Cash Flow | Exit Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	12	12
Level 3 | Recurring | Weighted Average | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Securities sold under agreement to repurchase, measurement input value	0.0108	0.0120
Level 3 | Recurring | Weighted Average | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.24	0.20
Level 3 | Recurring | Weighted Average | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0	0
Level 3 | Recurring | Weighted Average | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.85	0.81
Level 3 | Recurring | Weighted Average | Option Model | Equity - FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.27)	(0.30)
Level 3 | Recurring | Weighted Average | Market Approach | EBITDA Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	9	10
Level 3 | Recurring | Weighted Average | Other sovereign government obligations | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	1	1.20
Level 3 | Recurring | Weighted Average | MABS | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.58	0.59
Level 3 | Recurring | Weighted Average | Loans and lending commitments | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	97	97
Level 3 | Recurring | Weighted Average | Loans and lending commitments | Margin Loan Model | Margin Loan Rate
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.03	0.03
Level 3 | Recurring | Weighted Average | Corporate and other debt | Comparable Pricing | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	98	99
Level 3 | Recurring | Weighted Average | Credit | Credit Default Swap Model | Bond Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value		0.0046
Level 3 | Recurring | Weighted Average | Credit | Credit Default Swap Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0095	0.0068
Level 3 | Recurring | Weighted Average | Credit | Credit Default Swap Model | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.0077	0.0055
Level 3 | Recurring | Weighted Average | Equity | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.24	0.24
Level 3 | Recurring | Weighted Average | Equity | Option Model | Equity Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	(0.01)	(0.01)
Level 3 | Recurring | Weighted Average | Equity | Option Model | Equity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.75	0.73
Level 3 | Recurring | Weighted Average | Equity | Option Model | FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	(0.47)	(0.42)
Level 3 | Recurring | Weighted Average | Commodity and other | Option Model | Forward Power Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value | $ / MWh	48	39
Level 3 | Recurring | Weighted Average | Commodity and other | Option Model | Commodity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.32	0.22
Level 3 | Recurring | Weighted Average | Commodity and other | Option Model | Cross-Commodity Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.94	0.94
Level 3 | Recurring | Average | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.51
Level 3 | Recurring | Average | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.73
Level 3 | Recurring | Average | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.06)	(0.05)
Level 3 | Recurring | Average | Corporate and other debt | Discounted Cash Flow | Loss Given Default
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.62	0.62
Borrowings, measurement input value	0.62	0.62
Level 3 | Recurring | Average | Interest rate | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.61	0.64
Level 3 | Recurring | Average | Interest rate | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.73	0.83
Level 3 | Recurring | Average | Interest rate | Option Model | Bond Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.15	0.12
Level 3 | Recurring | Average | Interest rate | Option Model | Inflation Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.44	0.44
Level 3 | Recurring | Average | Foreign exchange | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.61	0.64
Level 3 | Recurring | Average | Foreign exchange | Option Model | IR Curve
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.05	0.02
Level 3 | Recurring | Average | Foreign exchange | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.55	0.55
Level 3 | Recurring | Average | Foreign exchange | Option Model | Foreign Exchange Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0	(0.03)
Level 3 | Recurring | Average | Foreign exchange | Option Model | Contingency Probability
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.93	0.94
Level 3 | Recurring | Average | Equity | Option Model | IR Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.14	0.15
Level 3 | Recurring | Median | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.45
Level 3 | Recurring | Median | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.76
Level 3 | Recurring | Median | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	(0.06)	(0.05)
Level 3 | Recurring | Median | Corporate and other debt | Discounted Cash Flow | Loss Given Default
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets, measurement input value	0.54	0.54
Borrowings, measurement input value	0.54	0.54
Level 3 | Recurring | Median | Interest rate | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.63	0.63
Level 3 | Recurring | Median | Interest rate | Option Model | IR Curve Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.76	0.84
Level 3 | Recurring | Median | Interest rate | Option Model | Bond Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.14	0.09
Level 3 | Recurring | Median | Interest rate | Option Model | Inflation Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.40	0.40
Level 3 | Recurring | Median | Foreign exchange | Option Model | IR Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.63	0.63
Level 3 | Recurring | Median | Foreign exchange | Option Model | IR Curve
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.07	0
Level 3 | Recurring | Median | Foreign exchange | Option Model | IR FX Correlation
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.55	0.54
Level 3 | Recurring | Median | Foreign exchange | Option Model | Foreign Exchange Volatility Skew
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.01	(0.03)
Level 3 | Recurring | Median | Foreign exchange | Option Model | Contingency Probability
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets, measurement input value	0.95	0.95
Level 3 | Nonrecurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans	$ 1,370	$ 1,576
Level 3 | Nonrecurring | Minimum | Corporate Loan Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0079	0.0108
Level 3 | Nonrecurring | Minimum | Warehouse Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0187	0.0182
Level 3 | Nonrecurring | Maximum | Corporate Loan Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0447	0.0565
Level 3 | Nonrecurring | Maximum | Warehouse Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0280	0.0446
Level 3 | Nonrecurring | Weighted Average | Corporate Loan Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0266	0.0284
Level 3 | Nonrecurring | Weighted Average | Warehouse Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0226	0.0376

Fair Values - Fund Interests Me

Fair Values - Fund Interests Measured Based on Net Asset Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Measured Based on Net Asset Value
Carrying Value	$ 4,891	$ 4,747
Commitment	824	865
Private equity
Measured Based on Net Asset Value
Carrying Value	2,607	2,492
Commitment	579	615
Real estate
Measured Based on Net Asset Value
Carrying Value	2,089	2,064
Commitment	243	248
Hedge
Measured Based on Net Asset Value
Carrying Value	195	191
Commitment	$ 2	$ 2

Fair Values - Nonredeemable Fun

Fair Values - Nonredeemable Funds by Contractual Maturity (Details) $ in Millions	Mar. 31, 2022USD ($)
Private equity
Carrying Value of Nonredeemable Funds by Contractual Maturity
Less than 5 years	$ 1,041
5-10 years	1,109
Over 10 years	457
Total	2,607
Real estate
Carrying Value of Nonredeemable Funds by Contractual Maturity
Less than 5 years	327
5-10 years	1,745
Over 10 years	17
Total	$ 2,089

Fair Values - Assets and Liab_2

Fair Values - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - Nonrecurring - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Assets at fair value
Loans	$ 2,901		$ 5,611
Other assets—Other investments	7		8
Other assets—ROU assets	4		16
Total	2,912		5,635
Liabilities at fair value
Other liabilities and accrued expenses—Lending commitments	287		243
Total	287		243
Assets
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(48)	$ (76)
Loans
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(43)	(13)
Goodwill
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	0	(8)
Intangibles
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	0	(2)
Other assets—Other investments
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(2)	(51)
Other assets—Premises, equipment and software
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(1)	(2)
Other assets—ROU assets
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(2)	0
Liabilities
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(49)	4
Other liabilities and accrued expenses—Lending commitments
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(49)	$ 4
Level 2
Assets at fair value
Loans	1,531		4,035
Other assets—Other investments	0		0
Other assets—ROU assets	4		16
Total	1,535		4,051
Liabilities at fair value
Other liabilities and accrued expenses—Lending commitments	201		173
Total	201		173
Level 3
Assets at fair value
Loans	1,370		1,576
Other assets—Other investments	7		8
Other assets—ROU assets	0		0
Total	1,377		1,584
Liabilities at fair value
Other liabilities and accrued expenses—Lending commitments	86		70
Total	$ 86		$ 70

Fair Values - Financial Instrum

Fair Values - Financial Instruments Not Measured at Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financial assets
Securities borrowed	$ 150,995	$ 129,713
Customer and other receivables	94,804	96,018
Loans	182,247	174,302
Financial liabilities
Deposits	360,840	347,574
Securities sold under agreements to repurchase	60,068	62,188
Securities loaned	14,222	12,299
Other secured financings	8,808	10,041
Customer and other payables	243,609	228,685
Borrowings	229,817	233,127
Carrying Value
Financial assets
Cash and cash equivalents	136,086	127,725
Investment securities—HTM	80,439	80,168
Securities purchased under agreements to resell	127,765	119,992
Securities borrowed	150,995	129,713
Customer and other receivables	90,134	91,664
Loans	196,260	188,134
Other assets	509	528
Financial liabilities
Deposits	358,827	345,634
Securities sold under agreements to repurchase	59,104	61,397
Securities loaned	14,222	12,299
Other secured financings	4,057	4,908
Customer and other payables	243,281	228,631
Borrowings	153,854	156,787
Additional Disclosures
Lending commitments	141,421	133,519
Fair Value
Financial assets
Cash and cash equivalents	136,086	127,725
Investment securities—HTM	75,776	79,882
Securities purchased under agreements to resell	127,729	119,997
Securities borrowed	150,995	129,713
Customer and other receivables	89,870	91,533
Loans	194,409	189,490
Other assets	509	528
Financial liabilities
Deposits	358,993	345,911
Securities sold under agreements to repurchase	59,089	61,419
Securities loaned	14,223	12,296
Other secured financings	4,059	4,910
Customer and other payables	243,281	228,631
Borrowings	155,447	162,158
Additional Disclosures
Lending commitments	1,676	1,360
Fair Value | Level 1
Financial assets
Cash and cash equivalents	136,086	127,725
Investment securities—HTM	29,099	29,454
Securities purchased under agreements to resell	0	0
Securities borrowed	0	0
Customer and other receivables	0	0
Loans	0	0
Other assets	0	0
Financial liabilities
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Securities loaned	0	0
Other secured financings	0	0
Customer and other payables	0	0
Borrowings	0	0
Additional Disclosures
Lending commitments	0	0
Fair Value | Level 2
Financial assets
Cash and cash equivalents	0	0
Investment securities—HTM	45,633	49,352
Securities purchased under agreements to resell	125,543	117,922
Securities borrowed	150,995	129,713
Customer and other receivables	86,417	88,091
Loans	24,140	25,706
Other assets	509	528
Financial liabilities
Deposits	358,993	345,911
Securities sold under agreements to repurchase	59,089	61,419
Securities loaned	14,223	12,296
Other secured financings	4,059	4,910
Customer and other payables	243,281	228,631
Borrowings	155,443	162,154
Additional Disclosures
Lending commitments	1,162	890
Fair Value | Level 3
Financial assets
Cash and cash equivalents	0	0
Investment securities—HTM	1,044	1,076
Securities purchased under agreements to resell	2,186	2,075
Securities borrowed	0	0
Customer and other receivables	3,453	3,442
Loans	170,269	163,784
Other assets	0	0
Financial liabilities
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Securities loaned	0	0
Other secured financings	0	0
Customer and other payables	0	0
Borrowings	4	4
Additional Disclosures
Lending commitments	$ 514	$ 470

Fair Value Option - Borrowings

Fair Value Option - Borrowings Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Measurements
Borrowings at fair value	$ 75,963	$ 76,340
Recurring
Fair Value Measurements
Borrowings at fair value	75,963	76,340
Recurring | Equity
Fair Value Measurements
Borrowings at fair value	37,987	37,046
Recurring | Interest rates
Fair Value Measurements
Borrowings at fair value	27,100	28,638
Recurring | Commodities
Fair Value Measurements
Borrowings at fair value	8,401	7,837
Recurring | Credit
Fair Value Measurements
Borrowings at fair value	1,310	1,347
Recurring | Foreign exchange
Fair Value Measurements
Borrowings at fair value	$ 1,165	$ 1,472

Fair Value Option - Net Revenue

Fair Value Option - Net Revenues from Borrowings under the Fair Value Option (Details) - Borrowings - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value Option Quantitative Disclosures
Net revenues	$ 4,583	$ 2,412
Trading revenues
Fair Value Option Quantitative Disclosures
Net revenues	4,655	2,485
Interest expense
Fair Value Option Quantitative Disclosures
Net revenues	$ 72	$ 73

Fair Value Option - Gains (Loss

Fair Value Option - Gains (Losses) Due to Changes in Instrument-Specific Credit Risk (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Fair Value disclosure
Cumulative pre-tax DVA gain (loss) recognized in AOCI	$ (1,568)		$ (2,439)
Loans and other receivables | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	24	$ 158
Loans and other receivables | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	0
Deposits | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	0
Deposits | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	(7)	(1)
Borrowings | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	(17)
Borrowings | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	$ 878	$ 185

Fair Value Option - Difference

Fair Value Option - Difference Between Contractual Principal and Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Loans and other receivables	$ 12,360	$ 12,633
Nonaccrual loans	9,608	9,999
Borrowings	$ 704	$ (2,106)

Fair Value Option - Fair Value

Fair Value Option - Fair Value Loans on Nonaccrual Status (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Nonaccrual loans	$ 908	$ 989
Nonaccrual loans 90 or more days past due	$ 264	$ 363

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Fair Values of Derivative Contracts (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative Assets
Total gross derivatives	$ 402,643	$ 337,291
Amounts offset against counterparty netting	(298,530)	(254,430)
Amounts offset against cash collateral netting	(46,232)	(44,707)
Total in Trading assets	57,881	38,154
Amounts not offset against financial instruments collateral	(18,000)	(10,457)
Net amounts	39,881	27,697
Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable	10,704	6,725
Derivative Liabilities
Total gross derivatives	386,875	333,504
Amounts offset against counterparty netting	(298,530)	(254,430)
Amounts offset against cash collateral netting	(45,988)	(44,506)
Total in Trading liabilities	42,357	34,568
Amounts not offset against financial instruments collateral	(5,184)	(5,913)
Net amounts	37,173	28,655
Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable	8,824	6,194
Designated as accounting hedges
Derivative Assets
Total gross derivatives	454	792
Derivative Liabilities
Total gross derivatives	146	194
Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	238	595
Derivative Liabilities
Total gross derivatives	51	87
Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	216	197
Derivative Liabilities
Total gross derivatives	95	107
Not designated as accounting hedges
Derivative Assets
Total gross derivatives	402,189	336,499
Derivative Liabilities
Total gross derivatives	386,729	333,310
Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	14	15
Derivative Liabilities
Total gross derivatives	323	429
Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	174,389	154,970
Derivative Liabilities
Total gross derivatives	165,291	147,115
Other derivatives | Credit
Derivative Assets
Total gross derivatives	11,492	8,935
Derivative Liabilities
Total gross derivatives	11,179	9,072
Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	101,079	74,534
Derivative Liabilities
Total gross derivatives	93,200	73,088
Other derivatives | Equity
Derivative Assets
Total gross derivatives	65,909	70,332
Derivative Liabilities
Total gross derivatives	73,898	80,678
Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	49,306	27,713
Derivative Liabilities
Total gross derivatives	42,838	22,928
Bilateral OTC
Derivative Assets
Total gross derivatives	319,977	278,447
Amounts offset against counterparty netting	(222,597)	(201,729)
Amounts offset against cash collateral netting	(44,621)	(43,495)
Total in Trading assets	52,759	33,223
Amounts not offset against financial instruments collateral	(18,000)	(10,457)
Net amounts	34,759	22,766
Derivative Liabilities
Total gross derivatives	301,629	275,175
Amounts offset against counterparty netting	(222,597)	(201,729)
Amounts offset against cash collateral netting	(44,557)	(43,305)
Total in Trading liabilities	34,475	30,141
Amounts not offset against financial instruments collateral	(3,641)	(5,866)
Net amounts	30,834	24,275
Bilateral OTC | Designated as accounting hedges
Derivative Assets
Total gross derivatives	437	785
Derivative Liabilities
Total gross derivatives	110	143
Bilateral OTC | Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	235	594
Derivative Liabilities
Total gross derivatives	51	86
Bilateral OTC | Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	202	191
Derivative Liabilities
Total gross derivatives	59	57
Bilateral OTC | Not designated as accounting hedges
Derivative Assets
Total gross derivatives	319,540	277,662
Derivative Liabilities
Total gross derivatives	301,519	275,032
Bilateral OTC | Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	2	0
Derivative Liabilities
Total gross derivatives	15	17
Bilateral OTC | Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	152,234	147,585
Derivative Liabilities
Total gross derivatives	142,935	140,770
Bilateral OTC | Other derivatives | Credit
Derivative Assets
Total gross derivatives	7,494	5,749
Derivative Liabilities
Total gross derivatives	7,029	5,609
Bilateral OTC | Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	97,624	73,276
Derivative Liabilities
Total gross derivatives	90,134	71,851
Bilateral OTC | Other derivatives | Equity
Derivative Assets
Total gross derivatives	27,669	28,877
Derivative Liabilities
Total gross derivatives	34,116	39,597
Bilateral OTC | Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	34,517	22,175
Derivative Liabilities
Total gross derivatives	27,290	17,188
Cleared OTC
Derivative Assets
Total gross derivatives	28,046	11,429
Amounts offset against counterparty netting	(25,328)	(9,818)
Amounts offset against cash collateral netting	(1,611)	(1,212)
Total in Trading assets	1,107	399
Amounts not offset against financial instruments collateral	0	0
Net amounts	1,107	399
Derivative Liabilities
Total gross derivatives	28,832	11,234
Amounts offset against counterparty netting	(25,328)	(9,818)
Amounts offset against cash collateral netting	(1,431)	(1,201)
Total in Trading liabilities	2,073	215
Amounts not offset against financial instruments collateral	0	(8)
Net amounts	2,073	207
Cleared OTC | Designated as accounting hedges
Derivative Assets
Total gross derivatives	17	7
Derivative Liabilities
Total gross derivatives	36	51
Cleared OTC | Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	3	1
Derivative Liabilities
Total gross derivatives	0	1
Cleared OTC | Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	14	6
Derivative Liabilities
Total gross derivatives	36	50
Cleared OTC | Not designated as accounting hedges
Derivative Assets
Total gross derivatives	28,029	11,422
Derivative Liabilities
Total gross derivatives	28,796	11,183
Cleared OTC | Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	12	15
Derivative Liabilities
Total gross derivatives	308	412
Cleared OTC | Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	20,630	7,002
Derivative Liabilities
Total gross derivatives	21,368	6,112
Cleared OTC | Other derivatives | Credit
Derivative Assets
Total gross derivatives	3,998	3,186
Derivative Liabilities
Total gross derivatives	4,150	3,463
Cleared OTC | Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	3,389	1,219
Derivative Liabilities
Total gross derivatives	2,970	1,196
Cleared OTC | Other derivatives | Equity
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Cleared OTC | Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded
Derivative Assets
Total gross derivatives	54,620	47,415
Amounts offset against counterparty netting	(50,605)	(42,883)
Amounts offset against cash collateral netting	0	0
Total in Trading assets	4,015	4,532
Amounts not offset against financial instruments collateral	0	0
Net amounts	4,015	4,532
Derivative Liabilities
Total gross derivatives	56,414	47,095
Amounts offset against counterparty netting	(50,605)	(42,883)
Amounts offset against cash collateral netting	0	0
Total in Trading liabilities	5,809	4,212
Amounts not offset against financial instruments collateral	(1,543)	(39)
Net amounts	4,266	4,173
Exchange- Traded | Designated as accounting hedges
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded | Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded | Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded | Not designated as accounting hedges
Derivative Assets
Total gross derivatives	54,620	47,415
Derivative Liabilities
Total gross derivatives	56,414	47,095
Exchange- Traded | Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded | Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	1,525	383
Derivative Liabilities
Total gross derivatives	988	233
Exchange- Traded | Other derivatives | Credit
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded | Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	66	39
Derivative Liabilities
Total gross derivatives	96	41
Exchange- Traded | Other derivatives | Equity
Derivative Assets
Total gross derivatives	38,240	41,455
Derivative Liabilities
Total gross derivatives	39,782	41,081
Exchange- Traded | Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	14,789	5,538
Derivative Liabilities
Total gross derivatives	$ 15,548	$ 5,740

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Notionals of Derivative Contracts (Details) - USD ($) $ in Billions	Mar. 31, 2022	Dec. 31, 2021
Derivatives, Notional Amount
Derivative assets	$ 19,430	$ 16,183
Derivative liabilities	19,174	16,626
Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	87	117
Derivative liabilities	135	107
Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	77	108
Derivative liabilities	128	99
Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	10	9
Derivative liabilities	7	8
Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	19,343	16,066
Derivative liabilities	19,039	16,519
Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	1	0
Derivative liabilities	11	13
Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	13,818	11,140
Derivative liabilities	13,266	11,237
Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	381	321
Derivative liabilities	377	331
Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	3,962	3,491
Derivative liabilities	3,848	3,460
Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	935	902
Derivative liabilities	1,317	1,287
Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	246	212
Derivative liabilities	220	191
Bilateral OTC
Derivatives, Notional Amount
Derivative assets	8,363	7,736
Derivative liabilities	8,179	8,080
Bilateral OTC | Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	13	12
Derivative liabilities	4	5
Bilateral OTC | Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	4	4
Derivative liabilities	0	0
Bilateral OTC | Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	9	8
Derivative liabilities	4	5
Bilateral OTC | Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	8,350	7,724
Derivative liabilities	8,175	8,075
Bilateral OTC | Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	1	1
Bilateral OTC | Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	3,626	3,488
Derivative liabilities	3,577	3,827
Bilateral OTC | Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	231	216
Derivative liabilities	231	225
Bilateral OTC | Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	3,806	3,386
Derivative liabilities	3,690	3,360
Bilateral OTC | Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	516	495
Derivative liabilities	547	552
Bilateral OTC | Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	171	139
Derivative liabilities	129	110
Cleared OTC
Derivatives, Notional Amount
Derivative assets	9,805	7,387
Derivative liabilities	9,486	7,273
Cleared OTC | Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	74	105
Derivative liabilities	131	102
Cleared OTC | Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	73	104
Derivative liabilities	128	99
Cleared OTC | Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	1	1
Derivative liabilities	3	3
Cleared OTC | Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	9,731	7,282
Derivative liabilities	9,355	7,171
Cleared OTC | Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	1	0
Derivative liabilities	10	12
Cleared OTC | Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	9,434	7,082
Derivative liabilities	9,060	6,965
Cleared OTC | Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	150	105
Derivative liabilities	146	106
Cleared OTC | Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	146	95
Derivative liabilities	139	88
Cleared OTC | Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Cleared OTC | Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded
Derivatives, Notional Amount
Derivative assets	1,262	1,060
Derivative liabilities	1,509	1,273
Exchange- Traded | Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded | Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded | Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded | Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	1,262	1,060
Derivative liabilities	1,509	1,273
Exchange- Traded | Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded | Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	758	570
Derivative liabilities	629	445
Exchange- Traded | Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	0	0
Exchange- Traded | Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	10	10
Derivative liabilities	19	12
Exchange- Traded | Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	419	407
Derivative liabilities	770	735
Exchange- Traded | Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	75	73
Derivative liabilities	$ 91	$ 81

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Gains (Losses) on Accounting Hedges and Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Investment Securities - AFS
Fair Value Hedges - Hedged Items
Amortized cost basis currently/ carrying amount currently or previously hedged	$ 11,039		$ 17,902
Basis adjustments included in carrying amount	(840)		(591)
Deposits
Fair Value Hedges - Hedged Items
Amortized cost basis currently/ carrying amount currently or previously hedged	4,807		6,279
Basis adjustments included in carrying amount	(83)		5
Borrowings
Borrowings
Carrying amount currently or previously hedged	122,770		122,919
Basis adjustments included in carrying amount—Outstanding hedges	(3,831)		2,324
Basis adjustments included in carrying amount—Terminated hedges	(736)		$ (743)
Fair Value Hedges | Interest Income | Interest rate contracts
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in Interest Expense	795	$ 831
Fair Value Hedges | Interest Income | Investment Securities - AFS
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in Interest Expense	(751)	(772)
Fair Value Hedges | Interest expense | Interest rate contracts
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in Interest Expense	(6,233)	(4,108)
Fair Value Hedges | Interest expense | Deposits
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in Interest Expense	88	36
Fair Value Hedges | Interest expense | Borrowings
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in Interest Expense	6,155	4,021
Net Investment Hedges | Foreign exchange
Net Investment Hedges
Recognized in OCI	139	405
Forward points excluded from hedge effectiveness testing—Recognized in Interest income	$ (41)	$ 1

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities - Economic Loan Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Credit | Economic hedges of loans
Derivative [Line Items]
Gain (loss) on derivative recognized in Other Revenues	$ 51	$ (105)

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities - Net Derivative Liabilities and Collateral Posted (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net derivative liabilities with credit risk-related contingent features	$ 22,090	$ 20,548
Collateral posted	$ 14,470	$ 14,789

Derivative Instruments and He_8

Derivative Instruments and Hedging Activities - Incremental Collateral and Termination Payments upon Potential Future Ratings Downgrade (Details) $ in Millions	Mar. 31, 2022USD ($)
Bilateral Downgrade Agreement
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	$ 637
One-notch downgrade
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	310
Two-notch downgrade
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	$ 550

Derivative Instruments and He_9

Derivative Instruments and Hedging Activities - Maximum Potential Payout/Notional of Credit Protection Sold (Details) - Credit Protection Sold - USD ($) $ in Billions	Mar. 31, 2022	Dec. 31, 2021
Credit Derivatives
Maximum potential payout/notional	$ 375	$ 317
CDS
Credit Derivatives
Maximum potential payout/notional	375	317
CDS protection sold with identical protection purchased	331	278
Single-name CDS
Credit Derivatives
Maximum potential payout/notional	121	111
Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	81	74
Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	40	37
Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	254	206
Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	168	134
Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	86	72
Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
Less Than 1 (Year)
Credit Derivatives
Maximum potential payout/notional	27	26
Less Than 1 (Year) | CDS
Credit Derivatives
Maximum potential payout/notional	27	26
Less Than 1 (Year) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	16	15
Less Than 1 (Year) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	11	10
Less Than 1 (Year) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	5	5
Less Than 1 (Year) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	11	11
Less Than 1 (Year) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	2	2
Less Than 1 (Year) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	9	9
Less Than 1 (Year) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
1 - 3 (Years)
Credit Derivatives
Maximum potential payout/notional	67	64
1 - 3 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	67	64
1 - 3 (Years) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	40	39
1 - 3 (Years) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	27	26
1 - 3 (Years) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	13	13
1 - 3 (Years) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	27	25
1 - 3 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	11	11
1 - 3 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	16	14
1 - 3 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
3 - 5 (Years)
Credit Derivatives
Maximum potential payout/notional	191	189
3 - 5 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	191	189
3 - 5 (Years) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	47	46
3 - 5 (Years) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	30	29
3 - 5 (Years) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	17	17
3 - 5 (Years) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	144	143
3 - 5 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	107	106
3 - 5 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	37	37
3 - 5 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
Over 5 (Years)
Credit Derivatives
Maximum potential payout/notional	90	38
Over 5 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	90	38
Over 5 (Years) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	18	11
Over 5 (Years) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	13	9
Over 5 (Years) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	5	2
Over 5 (Years) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	72	27
Over 5 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	48	15
Over 5 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	24	12
Over 5 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	$ 0	$ 0

Derivative Instruments and H_10

Derivative Instruments and Hedging Activities - Fair Value Asset/(Liability) of Credit Protection Sold (Details) - Credit Protection Sold - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Credit Derivatives
Fair Value Asset (Liability)	$ (320)	$ 1,798
CDS
Credit Derivatives
Fair Value Asset (Liability)	(317)	1,801
Single-name CDS
Credit Derivatives
Fair Value Asset (Liability)	(496)	1,058
Single-name CDS | Investment grade
Credit Derivatives
Fair Value Asset (Liability)	1,309	1,428
Single-name CDS | Non-investment grade
Credit Derivatives
Fair Value Asset (Liability)	(1,805)	(370)
Index and basket CDS
Credit Derivatives
Fair Value Asset (Liability)	179	743
Index and basket CDS | Investment grade
Credit Derivatives
Fair Value Asset (Liability)	1,422	1,393
Index and basket CDS | Non-investment grade
Credit Derivatives
Fair Value Asset (Liability)	(1,243)	(650)
Other credit contracts
Credit Derivatives
Fair Value Asset (Liability)	$ (3)	$ (3)

Derivative Instruments and H_11

Derivative Instruments and Hedging Activities - Protection Purchased with CDS (Details) - Protection Purchased - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Credit Derivatives
Notional	$ 395,000	$ 348,000
CDS
Credit Derivatives
Fair Value Asset (Liability)	321	(2,352)
Single name
Credit Derivatives
Notional	138,000	126,000
Fair Value Asset (Liability)	433	(1,338)
Index and basket
Credit Derivatives
Notional	235,000	204,000
Fair Value Asset (Liability)	228	(563)
Tranched index and basket
Credit Derivatives
Notional	22,000	18,000
Fair Value Asset (Liability)	$ (340)	$ (451)

Investment Securities - AFS and

Investment Securities - AFS and HTM Securities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
AFS securities
Amortized Cost	$ 93,167	$ 102,515
Gross Unrealized Gains	89	954
Gross Unrealized Losses	2,902	639
Fair  Value	90,354	102,830
HTM securities
Amortized Cost	80,439	80,168
Gross Unrealized Gains	123	1,079
Gross Unrealized Losses	4,786	1,365
Fair  Value	75,776	79,882
Amortized Cost	173,606	182,683
Gross Unrealized Gains	212	2,033
Gross Unrealized Losses	7,688	2,004
Fair  Value	166,130	182,712
U.S. Treasury securities
AFS securities
Amortized Cost	57,973	58,974
Gross Unrealized Gains	25	343
Gross Unrealized Losses	1,519	296
Fair  Value	56,479	59,021
HTM securities
Amortized Cost	29,526	28,653
Gross Unrealized Gains	117	882
Gross Unrealized Losses	544	81
Fair  Value	29,099	29,454
U.S. agency securities
AFS securities
Amortized Cost	23,863	26,780
Gross Unrealized Gains	13	274
Gross Unrealized Losses	1,143	241
Fair  Value	22,733	26,813
HTM securities
Amortized Cost	47,656	48,195
Gross Unrealized Gains	5	169
Gross Unrealized Losses	4,079	1,228
Fair  Value	43,582	47,136
Agency CMBS
AFS securities
Amortized Cost	8,596	14,476
Gross Unrealized Gains	42	289
Gross Unrealized Losses	189	89
Fair  Value	8,449	14,676
HTM securities
Amortized Cost	2,166	2,267
Gross Unrealized Gains	0	0
Gross Unrealized Losses	115	51
Fair  Value	2,051	2,216
State and municipal securities
AFS securities
Amortized Cost	1,334	613
Gross Unrealized Gains	5	37
Gross Unrealized Losses	37	2
Fair  Value	1,302	648
FFELP student loan ABS:
AFS securities
Amortized Cost	1,401	1,672
Gross Unrealized Gains	4	11
Gross Unrealized Losses	14	11
Fair  Value	$ 1,391	1,672
HTM securities
Third party guarantees (as a percent)	95.00%
Non-agency CMBS
HTM securities
Amortized Cost	$ 1,091	1,053
Gross Unrealized Gains	1	28
Gross Unrealized Losses	48	5
Fair  Value	$ 1,044	$ 1,076

Investment Securities - Investm

Investment Securities - Investment Securities in an Unrealized Loss Position (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
AFS securities
AFS: Fair Value, Less than 12 Months	$ 61,118	$ 46,955
AFS: Fair Value, 12 Months or Longer	11,006	1,775
AFS: Fair Value, Total	72,124	48,730
AFS: Gross Unrealized Losses, Less than 12 Months	2,292	607
AFS: Gross Unrealized Losses, 12 Months or Longer	610	32
AFS: Gross Unrealized Losses, Total	2,902	639
U.S. Treasury securities
AFS securities
AFS: Fair Value, Less than 12 Months	39,314	31,459
AFS: Fair Value, 12 Months or Longer	6,828	0
AFS: Fair Value, Total	46,142	31,459
AFS: Gross Unrealized Losses, Less than 12 Months	1,252	296
AFS: Gross Unrealized Losses, 12 Months or Longer	267	0
AFS: Gross Unrealized Losses, Total	1,519	296
U.S. agency securities
AFS securities
AFS: Fair Value, Less than 12 Months	16,478	12,283
AFS: Fair Value, 12 Months or Longer	3,624	1,167
AFS: Fair Value, Total	20,102	13,450
AFS: Gross Unrealized Losses, Less than 12 Months	816	219
AFS: Gross Unrealized Losses, 12 Months or Longer	327	22
AFS: Gross Unrealized Losses, Total	1,143	241
Agency CMBS
AFS securities
AFS: Fair Value, Less than 12 Months	3,634	2,872
AFS: Fair Value, 12 Months or Longer	142	10
AFS: Fair Value, Total	3,776	2,882
AFS: Gross Unrealized Losses, Less than 12 Months	182	89
AFS: Gross Unrealized Losses, 12 Months or Longer	7	0
AFS: Gross Unrealized Losses, Total	189	89
State and municipal securities
AFS securities
AFS: Fair Value, Less than 12 Months	1,112	21
AFS: Fair Value, Total	1,112	21
AFS: Gross Unrealized Losses, Less than 12 Months	37	2
AFS: Gross Unrealized Losses, Total	37	2
FFELP student loan ABS:
AFS securities
AFS: Fair Value, Less than 12 Months	580	320
AFS: Fair Value, 12 Months or Longer	412	591
AFS: Fair Value, Total	992	911
AFS: Gross Unrealized Losses, Less than 12 Months	5	1
AFS: Gross Unrealized Losses, 12 Months or Longer	9	10
AFS: Gross Unrealized Losses, Total	$ 14	$ 11

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Non-agency CMBS
Schedule of Held-to-maturity Securities [Line Items]
Allowance for credit loss related to held-to-maturity securities	$ 30	$ 33

Investment Securities - Inves_2

Investment Securities - Investment Securities by Contractual Maturity (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Amortized Cost
AFS securities: Amortized cost, total	$ 93,167	$ 102,515
HTM securities: Net carrying amount, total	80,439
Investment securities: Amortized cost, total	173,606	182,683
Fair Value
AFS securities: Fair value, total	90,354	102,830
HTM securities: Fair value, total	75,776	79,882
Investment securities: Fair value, total	$ 166,130	182,712
Annualized Average Yield
AFS securities: Annualized average yield, total (as a percent)	1.40%
HTM securities: Annualized average yield, total (as a percent)	1.80%
Investment securities: Annualized average yield, total (as a percent)	1.60%
U.S. Treasury securities
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 8,901
AFS securities: Amortized cost, after 1 year through 5 years	45,839
AFS securities: Amortized cost, after 5 years through 10 years	3,233
AFS securities: Amortized cost, total	57,973	58,974
HTM securities: Net carrying amount, due within 1 year	3,749
HTM securities: Net carrying amount, after 1 year through 5 years	19,336
HTM securities: Net carrying amount, after 5 year through 10 years	4,879
HTM securities: Net carrying amount, after 10 years	1,562
HTM securities: Net carrying amount, total	29,526
Fair Value
AFS securities: Fair value, due within 1 year	8,911
AFS securities: Fair value, after 1 year through 5 years	44,349
AFS securities: Fair value, after 5 years through 10 years	3,219
AFS securities: Fair value, total	56,479	59,021
HTM securities: Fair value, due within 1 year	3,761
HTM securities: Fair value, after 1 year through 5 years	18,974
HTM securities: Fair value, after 5 years through 10 years	4,865
HTM securities: Fair value, after 10 years	1,499
HTM securities: Fair value, total	$ 29,099	29,454
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	1.60%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	1.00%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.10%
HTM securities: Annualized average yield, due within 1 year (as a percent)	1.90%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	1.70%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	2.40%
HTM securities: Annualized average yield, after 10 year (as a percent)	2.30%
U.S. agency securities
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 12
AFS securities: Amortized cost, after 1 year through 5 years	335
AFS securities: Amortized cost, after 5 years through 10 years	1,179
AFS securities: Amortized cost, after 10 years	22,337
AFS securities: Amortized cost, total	23,863	26,780
HTM securities: Net carrying amount, after 5 year through 10 years	456
HTM securities: Net carrying amount, after 10 years	47,200
HTM securities: Net carrying amount, total	47,656
Fair Value
AFS securities: Fair value, due within 1 year	12
AFS securities: Fair value, after 1 year through 5 years	322
AFS securities: Fair value, after 5 years through 10 years	1,148
AFS securities: Fair value, after 10 years	21,251
AFS securities: Fair value, total	22,733	26,813
HTM securities: Fair value, after 5 years through 10 years	450
HTM securities: Fair value, after 10 years	43,132
HTM securities: Fair value, total	$ 43,582	47,136
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	0.50%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	1.20%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.80%
AFS securities: Annualized average yield, after 10 years (as a percent)	1.80%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	2.00%
HTM securities: Annualized average yield, after 10 year (as a percent)	1.70%
Agency CMBS
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 217
AFS securities: Amortized cost, after 1 year through 5 years	1,318
AFS securities: Amortized cost, after 5 years through 10 years	5,339
AFS securities: Amortized cost, after 10 years	1,722
AFS securities: Amortized cost, total	8,596	14,476
HTM securities: Net carrying amount, due within 1 year	78
HTM securities: Net carrying amount, after 1 year through 5 years	1,371
HTM securities: Net carrying amount, after 5 year through 10 years	567
HTM securities: Net carrying amount, after 10 years	150
HTM securities: Net carrying amount, total	2,166
Fair Value
AFS securities: Fair value, due within 1 year	217
AFS securities: Fair value, after 1 year through 5 years	1,298
AFS securities: Fair value, after 5 years through 10 years	5,337
AFS securities: Fair value, after 10 years	1,597
AFS securities: Fair value, total	8,449	14,676
HTM securities: Fair value, due within 1 year	77
HTM securities: Fair value, after 1 year through 5 years	1,312
HTM securities: Fair value, after 5 years through 10 years	526
HTM securities: Fair value, after 10 years	136
HTM securities: Fair value, total	$ 2,051	2,216
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	1.80%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	1.60%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.80%
AFS securities: Annualized average yield, after 10 years (as a percent)	1.40%
HTM securities: Annualized average yield, due within 1 year (as a percent)	1.10%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	1.30%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.50%
HTM securities: Annualized average yield, after 10 year (as a percent)	1.50%
Non-agency CMBS
Amortized Cost
HTM securities: Net carrying amount, due within 1 year	$ 167
HTM securities: Net carrying amount, after 1 year through 5 years	90
HTM securities: Net carrying amount, after 5 year through 10 years	798
HTM securities: Net carrying amount, after 10 years	36
HTM securities: Net carrying amount, total	1,091
Fair Value
HTM securities: Fair value, due within 1 year	167
HTM securities: Fair value, after 1 year through 5 years	89
HTM securities: Fair value, after 5 years through 10 years	753
HTM securities: Fair value, after 10 years	35
HTM securities: Fair value, total	$ 1,044	1,076
Annualized Average Yield
HTM securities: Annualized average yield, due within 1 year (as a percent)	4.20%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	3.40%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	3.60%
HTM securities: Annualized average yield, after 10 year (as a percent)	4.40%
State and municipal securities
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 7
AFS securities: Amortized cost, after 1 year through 5 years	24
AFS securities: Amortized cost, after 5 years through 10 years	106
AFS securities: Amortized cost, after 10 years	1,197
AFS securities: Amortized cost, total	1,334	613
Fair Value
AFS securities: Fair value, due within 1 year	7
AFS securities: Fair value, after 1 year through 5 years	25
AFS securities: Fair value, after 5 years through 10 years	103
AFS securities: Fair value, after 10 years	1,167
AFS securities: Fair value, total	$ 1,302	648
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	1.40%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	2.30%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	2.40%
AFS securities: Annualized average yield, after 10 years (as a percent)	2.60%
FFELP student loan ABS:
Amortized Cost
AFS securities: Amortized cost, after 1 year through 5 years	$ 131
AFS securities: Amortized cost, after 5 years through 10 years	139
AFS securities: Amortized cost, after 10 years	1,131
AFS securities: Amortized cost, total	1,401	1,672
Fair Value
AFS securities: Fair value, after 1 year through 5 years	129
AFS securities: Fair value, after 5 years through 10 years	135
AFS securities: Fair value, after 10 years	1,127
AFS securities: Fair value, total	$ 1,391	$ 1,672
Annualized Average Yield
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	0.90%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	0.70%
AFS securities: Annualized average yield, after 10 years (as a percent)	1.20%

Investment Securities - Gross R

Investment Securities - Gross Realized Gains (Losses) on Sales of AFS Securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
AFS securities
Gross realized gains	$ 126	$ 145
Gross realized (losses)	(82)	(11)
Total	$ 44	$ 134

Collateralized Transactions - O

Collateralized Transactions - Offsetting of Certain Collateralized Transactions (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Securities purchased under agreements to resell
Gross Amounts	$ 238,485	$ 197,486
Amounts Offset	(110,718)	(77,487)
Balance Sheet Net Amounts	127,767	119,999
Amounts not offset	(123,988)	(106,896)
Net Amounts	3,779	13,103
Securities borrowed
Gross Amounts	164,657	139,395
Amounts Offset	(13,662)	(9,682)
Balance Sheet Net Amounts	150,995	129,713
Amounts not offset	(143,492)	(124,028)
Net Amounts	7,503	5,685
Securities sold under agreements to repurchase
Gross Amounts	170,786	139,675
Amounts Offset	(110,718)	(77,487)
Balance Sheet Net Amounts	60,068	62,188
Amounts not offset	(53,563)	(53,692)
Net Amounts	6,505	8,496
Securities loaned
Gross Amounts	27,884	21,981
Amounts Offset	(13,662)	(9,682)
Balance Sheet Net Amounts	14,222	12,299
Amounts not offset	(13,930)	(12,019)
Net Amounts	292	280
Net amounts for which master netting agreements are not in place or may not be legally enforceable
Securities purchased under agreements to resell	2,772	12,514
Securities borrowed	849	1,041
Securities sold under agreements to repurchase	5,010	8,295
Securities loaned	$ 151	$ 139

Collateralized Transactions - G

Collateralized Transactions - Gross Secured Financing Balances (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Gross Secured Financing Balances
Securities sold under agreements to repurchase	$ 170,786	$ 139,675
Securities loaned	27,884	21,981
Total included in the offsetting disclosure	198,670	161,656
Trading liabilities— Obligation to return securities received as collateral	26,399	30,104
Total	225,069	191,760
U.S. Treasury and agency securities
Gross Secured Financing Balances
Securities sold under agreements to repurchase	51,940	30,790
Other sovereign government obligations
Gross Secured Financing Balances
Securities sold under agreements to repurchase	87,195	73,063
Securities loaned	858	748
Corporate equities
Gross Secured Financing Balances
Securities sold under agreements to repurchase	19,200	25,881
Securities loaned	26,528	20,656
Trading liabilities— Obligation to return securities received as collateral	26,370	30,048
Other
Gross Secured Financing Balances
Securities sold under agreements to repurchase	12,451	9,941
Securities loaned	498	577
Trading liabilities— Obligation to return securities received as collateral	29	56
Overnight and Open
Gross Secured Financing Balances
Securities sold under agreements to repurchase	57,575	29,271
Securities loaned	17,040	11,480
Total included in the offsetting disclosure	74,615	40,751
Trading liabilities— Obligation to return securities received as collateral	26,399	30,104
Total	101,014	70,855
Less than 30 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	55,401	53,987
Securities loaned	0	364
Total included in the offsetting disclosure	55,401	54,351
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	55,401	54,351
30-90 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	15,420	17,099
Securities loaned	675	650
Total included in the offsetting disclosure	16,095	17,749
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	16,095	17,749
Over 90 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	42,390	39,318
Securities loaned	10,169	9,487
Total included in the offsetting disclosure	52,559	48,805
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	$ 52,559	$ 48,805

Collateralized Transactions - A

Collateralized Transactions - Assets Loaned or Pledged (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Collateralized Agreements [Abstract]
Trading assets	$ 32,061	$ 32,458

Collateralized Transactions - C

Collateralized Transactions - Collateral Received (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Collateralized Agreements [Abstract]
Collateral received with right to sell or repledge	$ 725,931	$ 672,104
Collateral that was sold or repledged	$ 564,304	$ 510,000

Collateralized Transactions - S

Collateralized Transactions - Securities Segregated for Regulatory Purposes (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Collateralized Agreements [Abstract]
Segregated securities	$ 30,324	$ 20,092

Collateralized Transactions -_2

Collateralized Transactions - Customer Margin Lending (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Collateralized Agreements [Abstract]
Margin and other lending	$ 56,348	$ 71,532

Loans, Lending Commitments an_3

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans by Type (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
HFI Loans
Total loans	$ 182,926	$ 174,956
ACL	679	654	$ 762	$ 835
Total loans, net	182,247	174,302
HFS Loans
Total loans	14,013	13,832
Total loans, net	14,013	13,832
Total Loans
Total loans	196,939	188,788
ACL	679	654	762	835
Total loans, net	196,260	188,134
Loans to non-U.S. borrowers, net	24,286	24,322
Corporate
HFI Loans
Total loans	6,105	5,567
ACL	170	165	250	309
HFS Loans
Total loans	7,069	8,107
Total Loans
Total loans	13,174	13,674
ACL	170	165	250	309
Secured lending facilities
HFI Loans
Total loans	29,896	31,471
ACL	172	163	193	198
HFS Loans
Total loans	4,661	3,879
Total Loans
Total loans	34,557	35,350
ACL	172	163	193	198
Commercial real estate
HFI Loans
Total loans	8,276	7,227
ACL	203	206	206	211
HFS Loans
Total loans	1,986	1,777
Total Loans
Total loans	10,262	9,004
ACL	203	206	206	211
Residential real estate
HFI Loans
Total loans	47,236	44,251
ACL	73	60	54	59
HFS Loans
Total loans	6	7
Total Loans
Total loans	47,242	44,258
ACL	73	60	54	59
Securities-based lending and Other loans
HFI Loans
Total loans	91,413	86,440
ACL	61	60	59	58
HFS Loans
Total loans	291	62
Total Loans
Total loans	91,704	86,502
ACL	$ 61	$ 60	$ 59	$ 58

Loans, Lending Commitments an_4

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans by Interest Rate Type (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	$ 45,801	$ 42,141
Floating or Adjustable Rate	151,138	146,647
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	0	0
Floating or Adjustable Rate	13,174	13,674
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	0	0
Floating or Adjustable Rate	34,557	35,350
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	342	343
Floating or Adjustable Rate	9,920	8,661
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	20,754	18,966
Floating or Adjustable Rate	26,488	25,292
Securities-based lending and Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	24,705	22,832
Floating or Adjustable Rate	$ 66,999	$ 63,670

Loans, Lending Commitments an_5

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans Held for Investment before Allowance by Origination Year (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 182,926	$ 174,956
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	5,222	4,684
Current Fiscal Year	3	85
One Year Ago	94	137
Two Years Ago	137	176
Three Years Ago	169	196
Four Years Ago	196
Prior	284	289
Total	6,105	5,567
Corporate | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	2,681	2,356
Current Fiscal Year	0	0
One Year Ago	0	111
Two Years Ago	110	0
Three Years Ago	0	196
Four Years Ago	196
Prior	225	229
Total	3,212	2,892
Corporate | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	2,541	2,328
Current Fiscal Year	3	85
One Year Ago	94	26
Two Years Ago	27	176
Three Years Ago	169	0
Four Years Ago	0
Prior	59	60
Total	2,893	2,675
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	26,323	27,775
Current Fiscal Year	403	499
One Year Ago	461	195
Two Years Ago	140	862
Three Years Ago	796	1,000
Four Years Ago	683
Prior	1,090	1,140
Total	29,896	31,471
Secured lending facilities | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	7,784	7,603
Current Fiscal Year	0	32
One Year Ago	32	35
Two Years Ago	0	43
Three Years Ago	43	297
Four Years Ago	268
Prior	144	144
Total	8,271	8,154
Secured lending facilities | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	18,539	20,172
Current Fiscal Year	403	467
One Year Ago	429	160
Two Years Ago	140	819
Three Years Ago	753	703
Four Years Ago	415
Prior	946	996
Total	21,625	23,317
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	87	152
Current Fiscal Year	1,142	1,715
One Year Ago	1,947	910
Two Years Ago	904	2,242
Three Years Ago	2,118	943
Four Years Ago	928
Prior	1,150	1,265
Total	8,276	7,227
Commercial real estate | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	4	3
Current Fiscal Year	122	423
One Year Ago	457	91
Two Years Ago	92	976
Three Years Ago	1,182	527
Four Years Ago	603
Prior	188	189
Total	2,648	2,209
Commercial real estate | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	83	149
Current Fiscal Year	1,020	1,292
One Year Ago	1,490	819
Two Years Ago	812	1,266
Three Years Ago	936	416
Four Years Ago	325
Prior	962	1,076
Total	5,628	5,018
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	92	96
Current Fiscal Year	4,294	15,125
One Year Ago	15,001	9,720
Two Years Ago	9,433	5,902
Three Years Ago	5,702	2,417
Four Years Ago	2,309	2,780
Prior	10,405	8,211
Total	47,236	44,251
Residential real estate | Less than or equal to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	92	96
Current Fiscal Year	3,980	14,116
One Year Ago	13,996	9,210
Two Years Ago	8,935	5,536
Three Years Ago	5,351	2,231
Four Years Ago	2,130	2,588
Prior	9,535	7,485
Total	44,019	41,262
Residential real estate | Greater than 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	0	0
Current Fiscal Year	314	1,009
One Year Ago	1,005	510
Two Years Ago	498	366
Three Years Ago	351	186
Four Years Ago	179	192
Prior	870	726
Total	3,217	2,989
Residential real estate | Greater than or equal to 740
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	64	65
Current Fiscal Year	3,468	12,230
One Year Ago	12,115	7,941
Two Years Ago	7,711	4,690
Three Years Ago	4,520	1,865
Four Years Ago	1,775	2,157
Prior	7,701	5,973
Total	37,354	34,921
Residential real estate | 680-739
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	24	27
Current Fiscal Year	733	2,638
One Year Ago	2,623	1,648
Two Years Ago	1,592	1,072
Three Years Ago	1,039	497
Four Years Ago	481	558
Prior	2,345	1,919
Total	8,837	8,359
Residential real estate | Less than or equal to 679
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	4	4
Current Fiscal Year	93	257
One Year Ago	263	131
Two Years Ago	130	140
Three Years Ago	143	55
Four Years Ago	53	65
Prior	359	319
Total	1,045	971
Securities-based lending and Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	82,663	78,513
Current Fiscal Year	1,282	1,618
One Year Ago	1,517	1,277
Two Years Ago	1,253	1,731
Three Years Ago	1,615	880
Four Years Ago	774	748
Prior	2,309	1,673
Total	91,413	86,440
Securities-based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	75,570	71,485
Current Fiscal Year	720	807
One Year Ago	800	0
Two Years Ago	0	19
Three Years Ago	19	232
Four Years Ago	213	0
Prior	16	16
Total	77,338	72,559
Other | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	6,105	6,170
Current Fiscal Year	477	708
One Year Ago	565	651
Two Years Ago	596	1,079
Three Years Ago	994	273
Four Years Ago	273	531
Prior	1,682	1,294
Total	10,692	10,706
Other | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	988	858
Current Fiscal Year	85	103
One Year Ago	152	626
Two Years Ago	657	633
Three Years Ago	602	375
Four Years Ago	288	217
Prior	611	363
Total	$ 3,383	$ 3,175

Loans, Lending Commitments an_6

Loans, Lending Commitments and Related Allowance for Credit Losses - Past Due Loans Held for Investment before Allowance (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 182,926	$ 174,956
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	47,236	44,251
Residential real estate | Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 191	$ 209

Loans, Lending Commitments an_7

Loans, Lending Commitments and Related Allowance for Credit Losses - Nonaccrual Loans Held for Investment before Allowance (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 735	$ 893
Nonaccrual loans without an ACL	112	356
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	77	34
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	110	375
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	287	195
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	119	138
Securities-based lending and Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 142	$ 151

Loans, Lending Commitments an_8

Loans, Lending Commitments and Related Allowance for Credit Losses - Troubled Debt Restructurings (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Troubled Debt Restructurings
Loans, before ACL	$ 30	$ 49
Allowance for credit losses	$ 0	$ 8

Loans, Lending Commitments an_9

Loans, Lending Commitments and Related Allowance for Credit Losses - Allowance for Credit Losses Rollforward - Loans and Lending Commitments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for loan losses rollforward
Beginning balance	$ 654	$ 835
Gross charge-offs	(11)	(10)
Provision (release)	39	(58)
Other	(3)	(5)
Ending balance	$ 679	$ 762
Percent of loans to total loans	100.00%	100.00%
Allowance for lending commitments rollforward
Beginning balance	$ 444	$ 396
Provision (release)	18	(40)
Other	(3)	(2)
Ending balance	459	354
Corporate
Allowance for loan losses rollforward
Beginning balance	165	309
Gross charge-offs	0	(1)
Provision (release)	6	(56)
Other	(1)	(2)
Ending balance	$ 170	$ 250
Percent of loans to total loans	3.00%	4.00%
Allowance for lending commitments rollforward
Beginning balance	$ 356	$ 323
Provision (release)	20	(33)
Other	(3)	(1)
Ending balance	373	289
Secured lending facilities
Allowance for loan losses rollforward
Beginning balance	163	198
Gross charge-offs	(3)	0
Provision (release)	12	(3)
Other	0	(2)
Ending balance	$ 172	$ 193
Percent of loans to total loans	16.00%	18.00%
Allowance for lending commitments rollforward
Beginning balance	$ 41	$ 38
Provision (release)	8	(4)
Other	0	1
Ending balance	49	35
Commercial real estate
Allowance for loan losses rollforward
Beginning balance	206	211
Gross charge-offs	(7)	(9)
Provision (release)	6	5
Other	(2)	(1)
Ending balance	$ 203	$ 206
Percent of loans to total loans	5.00%	5.00%
Allowance for lending commitments rollforward
Beginning balance	$ 20	$ 11
Provision (release)	(7)	(2)
Other	0	(1)
Ending balance	13	8
Residential real estate
Allowance for loan losses rollforward
Beginning balance	60	59
Gross charge-offs	0	0
Provision (release)	13	(5)
Other	0	0
Ending balance	$ 73	$ 54
Percent of loans to total loans	26.00%	25.00%
Allowance for lending commitments rollforward
Beginning balance	$ 1	$ 1
Provision (release)	0	0
Other	0	0
Ending balance	1	1
SBL and Other
Allowance for loan losses rollforward
Beginning balance	60	58
Gross charge-offs	(1)	0
Provision (release)	2	1
Other	0	0
Ending balance	$ 61	$ 59
Percent of loans to total loans	50.00%	48.00%
Allowance for lending commitments rollforward
Beginning balance	$ 26	$ 23
Provision (release)	(3)	(1)
Other	0	(1)
Ending balance	$ 23	$ 21

Loans, Lending Commitments a_10

Loans, Lending Commitments and Related Allowance for Credit Losses - Schedule of Selected Credit Ratios (Details)	Mar. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
ACL to total loans	0.40%	0.40%
Nonaccrual loans to total loans	0.40%	0.50%
ACL to nonaccrual loans	92.40%	73.20%

Loans, Lending Commitments a_11

Loans, Lending Commitments and Related Allowance for Credit Losses - Employee Loans (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Employee Loans [Line Items]
Employee loans	$ 3,864	$ 3,726
ACL	(146)	(153)
Employee loans, net of ACL	$ 3,718	$ 3,573
Remaining repayment term, weighted average in years	5 years 8 months 12 days	5 years 8 months 12 days
Currently employed by the Firm
Employee Loans [Line Items]
Employee loans	$ 3,759	$ 3,613
No longer employed by the Firm
Employee Loans [Line Items]
Employee loans	$ 105	$ 113

Other Assets - Equity Method _3

Other Assets - Equity Method Investments - Balances (Details) - Investment Management - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Equity Method Investments
Investments	$ 2,138		$ 2,214
Income (loss)	$ 6	$ (24)

Other Assets - Equity Method _4

Other Assets - Equity Method Investments - Joint Ventures (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
MUMSS
Equity Method Investments
Income (loss) from equity method investments	$ 4	$ 32

Deposits - Summary (Details)

Deposits - Summary (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Deposits [Abstract]
Savings and demand deposits	$ 348,651	$ 332,747
Time deposits	12,189	14,827
Total	360,840	347,574
Deposits subject to FDIC insurance	234,779	230,894
Deposits not subject to FDIC insurance	$ 126,061	$ 116,680

Deposits - Time Deposit Maturit

Deposits - Time Deposit Maturities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Time Deposit Maturities
2022	$ 3,423
2023	4,187
2024	2,796
2025	882
2026	306
Thereafter	595
Total	$ 12,189	$ 14,827

Borrowings and Other Secured _3

Borrowings and Other Secured Financings - Borrowings (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Borrowings
Original maturities of one year or less	$ 4,146	$ 5,764
Original maturities greater than one year
Senior	212,687	213,776
Subordinated	12,984	13,587
Total	225,671	227,363
Total borrowings	$ 229,817	$ 233,127
Weighted average stated maturity, in years	7 years 3 months 18 days	7 years 8 months 12 days

Borrowings and Other Secured _4

Borrowings and Other Secured Financings - Other Secured Financings (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Original maturities:
One year or less	$ 3,778	$ 4,573
Greater than one year	5,030	5,468
Total	8,808	10,041
Transfers of assets accounted for as secured financings	$ 1,071	$ 1,556

Commitments, Guarantees and C_3

Commitments, Guarantees and Contingencies - Commitments (Details) $ in Millions	Mar. 31, 2022USD ($)
Commitment, Fiscal Year Maturity
Less than 1 (year)	$ 95,467
1-3 (years)	51,411
3-5 (years)	54,466
Over 5 (years)	12,579
Total	213,923
Forward-starting secured financing receivables
Commitment, Fiscal Year Maturity
Less than 1 (year)	61,272
1-3 (years)	0
3-5 (years)	0
Over 5 (years)	0
Total	61,272
Forward-starting secured financing receivables settled within three business days	51,192
Central counterparty
Commitment, Fiscal Year Maturity
Less than 1 (year)	300
1-3 (years)	0
3-5 (years)	0
Over 5 (years)	4,772
Total	5,072
Underwriting
Commitment, Fiscal Year Maturity
Less than 1 (year)	40
1-3 (years)	3,150
3-5 (years)	0
Over 5 (years)	0
Total	3,190
Investment activities
Commitment, Fiscal Year Maturity
Less than 1 (year)	1,157
1-3 (years)	176
3-5 (years)	52
Over 5 (years)	380
Total	1,765
Letters of credit and other financial guarantees
Commitment, Fiscal Year Maturity
Less than 1 (year)	129
1-3 (years)	0
3-5 (years)	0
Over 5 (years)	3
Total	132
Corporate lending
Commitment, Fiscal Year Maturity
Less than 1 (year)	14,186
1-3 (years)	36,316
3-5 (years)	50,242
Over 5 (years)	6,200
Total	106,944
Lending commitments participated to third parties	7,963
Secured lending facilities
Commitment, Fiscal Year Maturity
Less than 1 (year)	6,524
1-3 (years)	7,576
3-5 (years)	3,640
Over 5 (years)	553
Total	18,293
Commercial and Residential real estate
Commitment, Fiscal Year Maturity
Less than 1 (year)	412
1-3 (years)	813
3-5 (years)	26
Over 5 (years)	259
Total	1,510
Securities-based lending and Other
Commitment, Fiscal Year Maturity
Less than 1 (year)	11,447
1-3 (years)	3,380
3-5 (years)	506
Over 5 (years)	412
Total	$ 15,745

Commitments, Guarantees and C_4

Commitments, Guarantees and Contingencies - Obligations under Guarantee Arrangements (Details) $ in Millions	Mar. 31, 2022USD ($)
Non-credit derivatives
Guarantees
Carrying amount: liability	$ (67,840)
Non-credit derivatives | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	1,316,262
Non-credit derivatives | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	914,129
Non-credit derivatives | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	322,125
Non-credit derivatives | Over 5 (Years)
Guarantees
Maximum potential payout/notional	821,128
Standby letters of credit and other financial guarantees issued
Guarantees
Carrying amount: asset	29
Standby letters of credit	800
Allowance for credit loss	78
Standby letters of credit and other financial guarantees issued | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	1,441
Standby letters of credit and other financial guarantees issued | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	1,079
Standby letters of credit and other financial guarantees issued | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	1,124
Standby letters of credit and other financial guarantees issued | Over 5 (Years)
Guarantees
Maximum potential payout/notional	2,686
Market value guarantees
Guarantees
Carrying amount: asset	0
Market value guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	89
Market value guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	2
Market value guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	0
Market value guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	0
Liquidity facilities
Guarantees
Carrying amount: asset	4
Liquidity facilities | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	4,382
Liquidity facilities | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	0
Liquidity facilities | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	0
Liquidity facilities | Over 5 (Years)
Guarantees
Maximum potential payout/notional	0
Whole loan sales guarantees
Guarantees
Carrying amount: liability	0
Whole loan sales guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	0
Whole loan sales guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	2
Whole loan sales guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	85
Whole loan sales guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	23,095
Securitization representations and warranties
Guarantees
Carrying amount: liability	(42)
Securitization representations and warranties | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	0
Securitization representations and warranties | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	0
Securitization representations and warranties | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	0
Securitization representations and warranties | Over 5 (Years)
Guarantees
Maximum potential payout/notional	79,059
General partner guarantees
Guarantees
Carrying amount: liability	(79)
General partner guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	348
General partner guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	12
General partner guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	32
General partner guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	152
Client clearing guarantees
Guarantees
Carrying amount: liability	0
Client clearing guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	150
Client clearing guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	0
Client clearing guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	0
Client clearing guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	$ 0

Commitments, Guarantees and C_5

Commitments, Guarantees and Contingencies - Narrative (Details) - Mar. 31, 2022 € in Millions, $ in Millions	EUR (€)	USD ($)
Case Number 15/3637 and Case Number 15/4353 | Pending Litigation
Loss Contingencies
Withholding tax credit set-off	€ 124	$ 137

Variable Interest Entities an_3

Variable Interest Entities and Securitization Activities - Assets and Liabilities by Type of Activity (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity
Carrying value of variable interests—Assets	$ 1,222,233	$ 1,188,140
Carrying value of variable interests—Liabilities	1,118,158	1,081,542
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	3,173	2,912
Carrying value of variable interests—Liabilities	1,137	1,028
Variable Interest Entity, Primary Beneficiary | MABS
Variable Interest Entity
Carrying value of variable interests—Assets	1,272	1,177
Carrying value of variable interests—Liabilities	383	409
Variable Interest Entity, Primary Beneficiary | Investment vehicles
Variable Interest Entity
Carrying value of variable interests—Assets	813	717
Carrying value of variable interests—Liabilities	429	294
Variable Interest Entity, Primary Beneficiary | Operating entities
Variable Interest Entity
Carrying value of variable interests—Assets	509	508
Carrying value of variable interests—Liabilities	37	39
Variable Interest Entity, Primary Beneficiary | Other
Variable Interest Entity
Carrying value of variable interests—Assets	579	510
Carrying value of variable interests—Liabilities	$ 288	$ 286

Variable Interest Entities an_4

Variable Interest Entities and Securitization Activities - Assets and Liabilities by Balance Sheet Caption (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 136,086	$ 127,725
Trading assets at fair value	296,881	294,869
Investment securities	166,130	182,712
Securities purchased under agreements to resell	127,767	119,999
Customer and other receivables	94,804	96,018
Intangible assets	8,244	8,360
Other assets	23,578	23,491
Total assets	1,222,233	1,188,140
Liabilities
Other secured financings	8,808	10,041
Other liabilities and accrued expenses	24,214	29,300
Total liabilities	1,118,158	1,081,542
Noncontrolling interests	1,174	1,157
Variable Interest Entity, Primary Beneficiary
Assets
Cash and cash equivalents	334	341
Trading assets at fair value	2,252	1,965
Investment securities	34	37
Securities purchased under agreements to resell	200	200
Customer and other receivables	26	31
Intangible assets	82	85
Other assets	245	253
Total assets	3,173	2,912
Liabilities
Other secured financings	963	767
Other liabilities and accrued expenses	174	261
Total liabilities	1,137	1,028
Noncontrolling interests	$ 119	$ 115

Variable Interest Entities an_5

Variable Interest Entities and Securitization Activities - Non-Consolidated VIEs (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity
Carrying value of variable interests—Assets	$ 1,222,233	$ 1,188,140
Additional VIE assets owned	13,339	15,392
Carrying value of variable interests—Liabilities	1,118,158	1,081,542
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE assets (UPB)	116,627	146,071
MABS
Variable Interest Entity
VIE assets (UPB)	116,627	146,071
Maximum exposure to loss	14,012	18,833
MABS | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	13,005	18,062
MABS | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	13,005	18,062
MABS | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	13,005	18,062
MABS | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	0	0
MABS | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	0	0
MABS | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	1,007	771
MABS | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Liabilities	0	0
CDO
Variable Interest Entity
VIE assets (UPB)	1,379	667
Maximum exposure to loss	157	129
CDO | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	157	129
CDO | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	157	129
CDO | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	157	129
CDO | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	0	0
CDO | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	0	0
CDO | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
CDO | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Liabilities	0	0
MTOB
Variable Interest Entity
VIE assets (UPB)	6,465	6,089
Maximum exposure to loss	4,382	4,100
MTOB | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	6	5
MTOB | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	0	0
MTOB | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	0	0
MTOB | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	4,382	4,100
MTOB | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	6	5
MTOB | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
MTOB | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Liabilities	1	0
OSF
Variable Interest Entity
VIE assets (UPB)	2,043	2,086
Maximum exposure to loss	1,449	1,459
OSF | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	1,449	1,459
OSF | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	1,449	1,459
OSF | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	1,449	1,459
OSF | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	0	0
OSF | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	0	0
OSF | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
OSF | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Liabilities	0	0
Other
Variable Interest Entity
VIE assets (UPB)	54,186	52,111
Maximum exposure to loss	16,883	16,943
Other | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	12,697	12,345
Other | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	11,055	10,339
Other | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	11,055	10,339
Other | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	4,374	5,599
Other | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Assets	1,642	2,006
Other | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	1,454	1,005
Other | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Carrying value of variable interests—Liabilities	$ 280	$ 362

Variable Interest Entities an_6

Variable Interest Entities and Securitization Activities - Mortgage and Asset Backed Securitization Assets (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity
Debt and Equity Interests	$ 1,222,233	$ 1,188,140
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
UPB	116,627	146,071
Variable Interest Entity, Not Primary Beneficiary | Residential mortgages
Variable Interest Entity
UPB	12,741	15,216
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgages
Variable Interest Entity
UPB	67,450	68,503
Variable Interest Entity, Not Primary Beneficiary | U.S. agency collateralized mortgage obligations
Variable Interest Entity
UPB	31,914	57,972
Variable Interest Entity, Not Primary Beneficiary | Other consumer or commercial loans
Variable Interest Entity
UPB	4,522	4,380
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests
Variable Interest Entity
Debt and Equity Interests	13,005	18,062
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Residential mortgages
Variable Interest Entity
Debt and Equity Interests	2,164	2,182
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Commercial mortgages
Variable Interest Entity
Debt and Equity Interests	4,058	4,092
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | U.S. agency collateralized mortgage obligations
Variable Interest Entity
Debt and Equity Interests	4,818	9,835
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Other consumer or commercial loans
Variable Interest Entity
Debt and Equity Interests	$ 1,965	$ 1,953

Variable Interest Entities an_7

Variable Interest Entities and Securitization Activities - Transferred Assets with Continuing Involvement (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity
Derivative assets	$ 57,881	$ 38,154
Derivative liabilities	42,357	34,568
SPE
Variable Interest Entity
Interests purchased in the secondary market	353	264
Derivative assets	1,050	891
Derivative liabilities	185	284
SPE | Investment grade
Variable Interest Entity
Interests purchased in the secondary market	258	169
SPE | Non-investment grade
Variable Interest Entity
Interests purchased in the secondary market	95	95
SPE | RML
Variable Interest Entity
SPE assets (UPB)	8,677	6,802
Retained interests	122	91
Interests purchased in the secondary market	99	56
Derivative assets	0	0
Derivative liabilities	0	0
SPE | RML | Investment grade
Variable Interest Entity
Retained interests	96	72
Interests purchased in the secondary market	55	18
SPE | RML | Non-investment grade
Variable Interest Entity
Retained interests	26	19
Interests purchased in the secondary market	44	38
SPE | CML
Variable Interest Entity
SPE assets (UPB)	101,928	94,276
Retained interests	1,330	1,224
Interests purchased in the secondary market	114	171
Derivative assets	0	0
Derivative liabilities	0	0
SPE | CML | Investment grade
Variable Interest Entity
Retained interests	754	638
Interests purchased in the secondary market	65	118
SPE | CML | Non-investment grade
Variable Interest Entity
Retained interests	576	586
Interests purchased in the secondary market	49	53
SPE | U.S. Agency CMO
Variable Interest Entity
SPE assets (UPB)	33,602	28,697
Retained interests	363	465
Interests purchased in the secondary market	134	33
Derivative assets	0	0
Derivative liabilities	0	0
SPE | U.S. Agency CMO | Investment grade
Variable Interest Entity
Retained interests	363	465
Interests purchased in the secondary market	134	33
SPE | U.S. Agency CMO | Non-investment grade
Variable Interest Entity
Retained interests	0	0
Interests purchased in the secondary market	0	0
SPE | CLN and Other
Variable Interest Entity
SPE assets (UPB)	12,574	13,121
Retained interests	57	69
Interests purchased in the secondary market	6	4
Derivative assets	1,050	891
Derivative liabilities	185	284
SPE | CLN and Other | Investment grade
Variable Interest Entity
Retained interests	0	0
Interests purchased in the secondary market	4	0
SPE | CLN and Other | Non-investment grade
Variable Interest Entity
Retained interests	57	69
Interests purchased in the secondary market	$ 2	$ 4

Variable Interest Entities an_8

Variable Interest Entities and Securitization Activities - Fair Value of Transfers of Assets with Continuing Involvement (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity
Derivative assets	$ 57,881	$ 38,154
Derivative liabilities	42,357	34,568
SPE
Variable Interest Entity
Retained interests	517	618
Interests purchased in the secondary market	353	264
Derivative assets	1,050	891
Derivative liabilities	185	284
SPE | Investment grade
Variable Interest Entity
Retained interests	461	538
Interests purchased in the secondary market	258	169
SPE | Non-investment grade
Variable Interest Entity
Retained interests	56	80
Interests purchased in the secondary market	95	95
SPE | Level 2
Variable Interest Entity
Retained interests	472	576
Interests purchased in the secondary market	310	238
Derivative assets	1,050	891
Derivative liabilities	140	194
SPE | Level 2 | Investment grade
Variable Interest Entity
Retained interests	461	536
Interests purchased in the secondary market	250	168
SPE | Level 2 | Non-investment grade
Variable Interest Entity
Retained interests	11	40
Interests purchased in the secondary market	60	70
SPE | Level 3
Variable Interest Entity
Retained interests	45	42
Interests purchased in the secondary market	43	26
Derivative assets	0	0
Derivative liabilities	45	90
SPE | Level 3 | Investment grade
Variable Interest Entity
Retained interests	0	2
Interests purchased in the secondary market	8	1
SPE | Level 3 | Non-investment grade
Variable Interest Entity
Retained interests	45	40
Interests purchased in the secondary market	$ 35	$ 25

Variable Interest Entities an_9

Variable Interest Entities and Securitization Activities - Proceeds from New Securitization Transactions and Sales of Loans (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Transfer of Financial Assets Accounted for as Sales
New transactions	$ 8,260	$ 14,790
Retained interests	1,622	2,579
CLO SPEs | Corporate Loans
Transfer of Financial Assets Accounted for as Sales
Sales of corporate loans to CLO SPEs	$ 4	$ 0

Variable Interest Entities a_10

Variable Interest Entities and Securitization Activities - Assets Sold with Retained Exposure (Details) - Bilateral OTC - Equity Derivatives - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Transfer of Financial Assets Accounted for as Sales
Gross cash proceeds from sale of assets	$ 60,826	$ 67,930
Fair value
Assets sold	62,015	68,992
Derivative assets recognized in the balance sheet	1,474	1,195
Derivative liabilities recognized in the balance sheet	$ 284	$ 132

Regulatory Requirements - Capit

Regulatory Requirements - Capital Buffer Requirements (Details)	Mar. 31, 2022	Dec. 31, 2021
Capital conservation buffer
Advanced (as a percent)	0.025	0.025
SCB
Standardized (as a percent)	0.057	0.057
G-SIB capital surcharge
Standardized (as a percent)	0.030	0.030
Advanced (as a percent)	0.030	0.030
CCyB
Standardized (as a percent)	0	0
Advanced (as a percent)	0	0
Capital buffer requirement
Standardized (as a percent)	0.087	0.087
Advanced (as a percent)	0.055	0.055
Maximum
CCyB
Standardized (as a percent)	0.025

Regulatory Requirements - Narra

Regulatory Requirements - Narrative (Details)	Mar. 31, 2022	Dec. 31, 2021
Brokers and Dealers [Abstract]
Standardized (as a percent)	0	0

Regulatory Requirements - Risk-

Regulatory Requirements - Risk-Based Regulatory Capital Ratio Requirements (Details)	Mar. 31, 2022	Dec. 31, 2021
Common Equity Tier 1 capital ratio
Regulatory Minimum (as a percent)	0.045
Standardized (as a percent)	13.20%	13.20%
Advanced (as a percent)	0.100	0.100
Tier 1 capital ratio
Regulatory Minimum (as a percent)	0.060
Standardized (as a percent)	0.147	0.147
Advanced (as a percent)	0.115	0.115
Total capital ratio
Regulatory Minimum (as a percent)	0.080
Standardized (as a percent)	0.167	0.167
Advanced (as a percent)	0.135	0.135

Regulatory Requirements - The F

Regulatory Requirements - The Firm's Regulatory Capital and Capital Ratios (Details) $ in Millions	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Required Ratio
Common Equity Tier 1 capital (as a percent)	13.20%	13.20%
Tier 1 capital (as a percent)	0.147	0.147
Total capital (as a percent)	0.167	0.167
Tier 1 leverage (as a percent)	0.040
SLR (as a percent)	5.00%
Amount
Common Equity Tier 1 capital	$ 72,477	$ 75,742
Tier 1 capital	80,121	83,348
Total capital	89,468	93,166
Total RWA	501,429	471,921
Adjusted average assets	1,184,494	1,169,939
Supplementary leverage exposure	$ 1,466,624	$ 1,476,962
Ratio
Common Equity Tier 1 capital (as a percent)	0.145	0.160
Tier 1 capital (as a percent)	0.160	0.177
Total capital (as a percent)	0.178	0.197
Tier 1 leverage (as a percent)	0.068	0.071
SLR (as a percent)	0.055	0.056

Regulatory Requirements - U.S.

Regulatory Requirements - U.S. Bank Subsidiaries' Regulatory Capital and Capital Ratios (Details) $ in Millions	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Required Ratio
Common Equity Tier 1 capital (as a percent)	13.20%	13.20%
Tier 1 capital (as a percent)	0.147	0.147
Total capital (as a percent)	0.167	0.167
Tier 1 leverage (as a percent)	0.040
SLR (as a percent)	5.00%
Amount
Common Equity Tier 1 capital	$ 72,477	$ 75,742
Tier 1 capital	80,121	83,348
Total capital	$ 89,468	$ 93,166
Ratio
Common Equity Tier 1 capital (as a percent)	0.145	0.160
Tier 1 capital (as a percent)	0.160	0.177
Total capital (as a percent)	0.178	0.197
Tier 1 leverage (as a percent)	0.068	0.071
SLR (as a percent)	0.055	0.056
MSBNA
Well-Capitalized Requirement Ratio [Abstract]
Common Equity Tier 1 capital (as a percent)	6.50%
Tier 1 capital (as a percent)	8.00%
Total capital (as a percent)	0.100
Tier 1 leverage (as a percent)	0.050
SLR (as a percent)	6.00%
Required Ratio
Common Equity Tier 1 capital (as a percent)	7.00%
Tier 1 capital (as a percent)	0.085
Total capital (as a percent)	0.105
Tier 1 leverage (as a percent)	0.040
SLR (as a percent)	3.00%
Amount
Common Equity Tier 1 capital	$ 18,386	$ 18,960
Tier 1 capital	18,386	18,960
Total capital	18,961	19,544
Tier 1 leverage	18,386	18,960
SLR	$ 18,386	$ 18,960
Ratio
Common Equity Tier 1 capital (as a percent)	0.187	0.205
Tier 1 capital (as a percent)	0.187	0.205
Total capital (as a percent)	0.193	0.211
Tier 1 leverage (as a percent)	0.093	0.102
SLR (as a percent)	0.074	0.081
MSPBNA
Well-Capitalized Requirement Ratio [Abstract]
Common Equity Tier 1 capital (as a percent)	6.50%
Tier 1 capital (as a percent)	8.00%
Total capital (as a percent)	0.100
Tier 1 leverage (as a percent)	0.050
SLR (as a percent)	6.00%
Required Ratio
Common Equity Tier 1 capital (as a percent)	7.00%
Tier 1 capital (as a percent)	0.085
Total capital (as a percent)	0.105
Tier 1 leverage (as a percent)	0.040
SLR (as a percent)	3.00%
Amount
Common Equity Tier 1 capital	$ 15,142	$ 10,293
Tier 1 capital	15,142	10,293
Total capital	15,237	10,368
Tier 1 leverage	15,142	10,293
SLR	$ 15,142	$ 10,293
Ratio
Common Equity Tier 1 capital (as a percent)	0.294	0.243
Tier 1 capital (as a percent)	0.294	0.243
Total capital (as a percent)	0.296	0.245
Tier 1 leverage (as a percent)	0.074	0.069
SLR (as a percent)	0.073	0.067

Regulatory Requirements - U.S_2

Regulatory Requirements - U.S. Broker-Dealer Regulatory Capital Requirements (Details) - MS&Co. - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Regulatory Requirements
Net capital	$ 16,799	$ 18,383
Excess net capital	$ 12,261	$ 14,208

Total Equity - Narrative (Detai

Total Equity - Narrative (Details) - USD ($)	Mar. 15, 2021	Jun. 28, 2021
Class of Stock
Authorized repurchase amount of outstanding common stock		$ 12,000,000,000
Series J
Class of Stock
Redemption of preferred stock	$ 1,500,000,000

Total Equity - Preferred Stock

Total Equity - Preferred Stock Outstanding (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Class of Stock
Preferred stock carrying value	$ 7,750	$ 7,750
Preferred stock shares authorized (shares)	30,000,000
Series A
Class of Stock
Preferred stock shares outstanding (shares)	44,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 1,100	1,100
Series C
Class of Stock
Preferred stock shares outstanding (shares)	519,882
Liquidation preference per share (USD per share)	$ 1,000
Preferred stock carrying value	$ 408	408
Series E
Class of Stock
Preferred stock shares outstanding (shares)	34,500
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 862	862
Series F
Class of Stock
Preferred stock shares outstanding (shares)	34,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 850	850
Series I
Class of Stock
Preferred stock shares outstanding (shares)	40,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 1,000	1,000
Series K
Class of Stock
Preferred stock shares outstanding (shares)	40,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 1,000	1,000
Series L
Class of Stock
Preferred stock shares outstanding (shares)	20,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 500	500
Series M
Class of Stock
Preferred stock shares outstanding (shares)	400,000
Liquidation preference per share (USD per share)	$ 1,000
Preferred stock carrying value	$ 430	430
Series N
Class of Stock
Preferred stock shares outstanding (shares)	3,000
Liquidation preference per share (USD per share)	$ 100,000
Preferred stock carrying value	$ 300	300
Series O
Class of Stock
Preferred stock shares outstanding (shares)	52,000
Liquidation preference per share (USD per share)	$ 25,000
Preferred stock carrying value	$ 1,300	$ 1,300

Total Equity - Common Stock Rep

Total Equity - Common Stock Repurchases (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Equity [Abstract]
Repurchases of common stock under the Firm’s Share Repurchase Program	$ 2,872	$ 2,135

Total Equity - Common Shares Ou

Total Equity - Common Shares Outstanding for Basic and Diluted EPS (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Equity [Abstract]
Weighted average common shares outstanding, basic (shares)	1,733	1,795
Effect of dilutive RSUs and PSUs (shares)	22	23
Weighted average common shares outstanding and common stock equivalents, diluted (shares)	1,755	1,818
Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) (shares)	5	1

Total Equity - Dividends (Detai

Total Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Preferred Stock Dividends
Preferred stock dividends declared	$ 124	$ 138
Dividends declared per common share (USD per share)	$ 0.70	$ 0.35
Common stock dividends	$ 1,252	$ 635
Series A
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 242	$ 250
Preferred stock dividends declared	$ 11	$ 11
Series C
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 25	$ 25
Preferred stock dividends declared	$ 13	$ 13
Series E
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 445	$ 445
Preferred stock dividends declared	$ 15	$ 15
Series F
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 430	$ 430
Preferred stock dividends declared	$ 14	$ 14
Series H
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 0	$ 241
Preferred stock dividends declared	$ 0	$ 13
Series I
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 398	$ 398
Preferred stock dividends declared	$ 16	$ 16
Series J
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 0	$ 253
Preferred stock dividends declared	$ 0	$ 15
Series K
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 366	$ 366
Preferred stock dividends declared	$ 15	$ 15
Series L
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 305	$ 305
Preferred stock dividends declared	$ 6	$ 6
Series M
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 29	$ 29
Preferred stock dividends declared	$ 12	$ 12
Series N
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 2,650	$ 2,650
Preferred stock dividends declared	$ 8	$ 8
Series O
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 266	$ 0
Preferred stock dividends declared	$ 14	$ 0

Total Equity - Accumulated Othe

Total Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 106,598
OCI during the period	(1,835)	$ (853)
Ending balance	104,075	107,588
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(3,102)	(1,962)
OCI during the period	(1,800)	(792)
Ending balance	(4,902)	(2,754)
CTA
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,002)	(795)
OCI during the period	(48)	(141)
Ending balance	(1,050)	(936)
AFS Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	245	1,787
OCI during the period	(2,395)	(776)
Ending balance	(2,150)	1,011
Pension and Other
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(551)	(498)
OCI during the period	5	5
Ending balance	(546)	(493)
DVA
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,794)	(2,456)
OCI during the period	638	120
Ending balance	$ (1,156)	$ (2,336)

Total Equity - Components of Pe

Total Equity - Components of Period Changes in OCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
After-tax Gain (Loss)
Net OCI	$ (1,835)	$ (853)
Foreign Currency Translation Adjustment Attributable to Parent
After-tax Gain (Loss)
OCI activity	(48)	(141)
Reclassified to earnings	0	0
Net OCI	(48)	(141)
Foreign Currency Translation Adjustment Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	(60)	(104)
Reclassified to earnings	0	0
Net OCI	(60)	(104)
Income Tax Benefit (Provision)
OCI activity	(45)	(115)
Reclassified to earnings	0	0
Net OCI	(45)	(115)
After-tax Gain (Loss)
OCI activity	(105)	(219)
Reclassified to earnings	0	0
Net OCI	(105)	(219)
Foreign Currency Translation Adjustment Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	(57)	(78)
Reclassified to earnings	0	0
Net OCI	(57)	(78)
Change in Net Unrealized Gains (Losses) on AFS Securities Attributable to Parent
After-tax Gain (Loss)
OCI activity	(2,361)	(673)
Reclassified to earnings	(34)	(103)
Net OCI	(2,395)	(776)
Change in Net Unrealized Gains (Losses) on AFS Securities Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	(3,084)	(876)
Reclassified to earnings	(44)	(134)
Net OCI	(3,128)	(1,010)
Income Tax Benefit (Provision)
OCI activity	723	203
Reclassified to earnings	10	31
Net OCI	733	234
After-tax Gain (Loss)
OCI activity	(2,361)	(673)
Reclassified to earnings	(34)	(103)
Net OCI	(2,395)	(776)
Change in Net Unrealized Gains (Losses) on AFS Securities Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	0	0
Reclassified to earnings	0	0
Net OCI	0	0
Pension, Postretirement and Other Attributable to Parent
After-tax Gain (Loss)
OCI activity	0	0
Reclassified to earnings	5	5
Net OCI	5	5
Pension, Postretirement and Other Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	0	0
Reclassified to earnings	5	7
Net OCI	5	7
Income Tax Benefit (Provision)
OCI activity	0	0
Reclassified to earnings	0	(2)
Net OCI	0	(2)
After-tax Gain (Loss)
OCI activity	0	0
Reclassified to earnings	5	5
Net OCI	5	5
Pension, Postretirement and Other Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	0	0
Reclassified to earnings	0	0
Net OCI	0	0
Change in Net DVA Attributable to Parent
After-tax Gain (Loss)
OCI activity	638	107
Reclassified to earnings	0	13
Net OCI	638	120
Change in Net DVA Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	871	167
Reclassified to earnings	0	17
Net OCI	871	184
Income Tax Benefit (Provision)
OCI activity	(211)	(43)
Reclassified to earnings	0	(4)
Net OCI	(211)	(47)
After-tax Gain (Loss)
OCI activity	660	124
Reclassified to earnings	0	13
Net OCI	660	137
Change in Net DVA Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	22	17
Reclassified to earnings	0	0
Net OCI	$ 22	$ 17

Interest Income and Interest _3

Interest Income and Interest Expense - Summary (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest income
Investment securities	$ 777	$ 849
Loans	1,156	988
Securities purchased under agreements to resell	13	(55)
Securities borrowed	(217)	(241)
Trading assets, net of Trading liabilities	524	510
Customer receivables and Other	397	386
Total interest income	2,650	2,437
Interest expense
Deposits	73	120
Borrowings	685	714
Securities sold under agreements to repurchase	49	37
Securities loaned	93	77
Customer payables and Other	(466)	(539)
Total interest expense	434	409
Net interest	$ 2,216	$ 2,028

Interest Income and Interest _4

Interest Income and Interest Expense - Accrued Interest (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Interest Income (Expense), Net [Abstract]
Customer and other receivables	$ 2,309	$ 1,800
Customer and other payables	$ 2,659	$ 2,164

Segment, Geographic and Reven_3

Segment, Geographic and Revenue Information - Selected Financial Information by Business Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information
Investment banking	$ 1,758	$ 2,840
Trading	3,983	4,225
Investments	75	318
Commissions and fees	1,416	1,626
Asset management	5,119	4,398
Other	234	284
Total non-interest revenues	12,585	13,691
Interest income	2,650	2,437
Interest expense	434	409
Net interest	2,216	2,028
Net revenues	14,801	15,719
Provision for credit losses	57	(98)
Compensation and benefits	6,274	6,798
Non-compensation expenses	3,882	3,675
Total non-interest expenses	10,156	10,473
Income before provision for income taxes	4,588	5,344
Provision for income taxes	873	1,176
Net income	3,715	4,168
Net income (loss) applicable to noncontrolling interests	49	48
Net income applicable to Morgan Stanley	3,666	4,120
I/E
Segment Reporting Information
Investment banking	(19)	(24)
Trading	18	23
Investments	0	0
Commissions and fees	(81)	(95)
Asset management	(42)	(35)
Other	(3)	(3)
Total non-interest revenues	(127)	(134)
Interest income	(56)	(27)
Interest expense	(57)	(30)
Net interest	1	3
Net revenues	(126)	(131)
Provision for credit losses	0	0
Compensation and benefits	0	0
Non-compensation expenses	(126)	(134)
Total non-interest expenses	(126)	(134)
Income before provision for income taxes	0	3
Provision for income taxes	0	1
Net income	0	2
Net income (loss) applicable to noncontrolling interests	0	0
Net income applicable to Morgan Stanley	0	2
IS | Operating Segments
Segment Reporting Information
Investment banking	1,634	2,613
Trading	4,205	4,073
Investments	99	86
Commissions and fees	774	870
Asset management	147	139
Other	117	158
Total non-interest revenues	6,976	7,939
Interest income	1,062	970
Interest expense	381	332
Net interest	681	638
Net revenues	7,657	8,577
Provision for credit losses	44	(93)
Compensation and benefits	2,604	3,114
Non-compensation expenses	2,222	2,185
Total non-interest expenses	4,826	5,299
Income before provision for income taxes	2,787	3,371
Provision for income taxes	535	736
Net income	2,252	2,635
Net income (loss) applicable to noncontrolling interests	61	34
Net income applicable to Morgan Stanley	2,191	2,601
WM | Operating Segments
Segment Reporting Information
Investment banking	143	251
Trading	(231)	126
Investments	12	2
Commissions and fees	723	851
Asset management	3,626	3,191
Other	122	153
Total non-interest revenues	4,395	4,574
Interest income	1,637	1,486
Interest expense	97	101
Net interest	1,540	1,385
Net revenues	5,935	5,959
Provision for credit losses	13	(5)
Compensation and benefits	3,125	3,170
Non-compensation expenses	1,224	1,194
Total non-interest expenses	4,349	4,364
Income before provision for income taxes	1,573	1,600
Provision for income taxes	301	358
Net income	1,272	1,242
Net income (loss) applicable to noncontrolling interests	0	0
Net income applicable to Morgan Stanley	1,272	1,242
IM | Operating Segments
Segment Reporting Information
Investment banking	0	0
Trading	(9)	3
Investments	(36)	230
Commissions and fees	0	0
Asset management	1,388	1,103
Other	(2)	(24)
Total non-interest revenues	1,341	1,312
Interest income	7	8
Interest expense	13	6
Net interest	(6)	2
Net revenues	1,335	1,314
Provision for credit losses	0	0
Compensation and benefits	545	514
Non-compensation expenses	562	430
Total non-interest expenses	1,107	944
Income before provision for income taxes	228	370
Provision for income taxes	37	81
Net income	191	289
Net income (loss) applicable to noncontrolling interests	(12)	14
Net income applicable to Morgan Stanley	$ 203	$ 275

Segment, Geographic and Reven_4

Segment, Geographic and Revenue Information - Institutional Securities - Investment Banking Revenues (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue from External Customer [Line Items]
Investment banking	$ 1,758	$ 2,840
Firm Investment banking revenues from contracts with customers (as a percent)	90.00%	92.00%
Institutional Securities | Operating Segments
Revenue from External Customer [Line Items]
Investment banking	$ 1,634	$ 2,613
Institutional Securities | Operating Segments | Advisory
Revenue from External Customer [Line Items]
Investment banking	944	480
Institutional Securities | Operating Segments | Underwriting
Revenue from External Customer [Line Items]
Investment banking	$ 690	$ 2,133

Segment, Geographic and Reven_5

Segment, Geographic and Revenue Information - Trading Revenues by Product Type (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue
Trading revenues	$ 3,983	$ 4,225
Interest rate
Disaggregation of Revenue
Trading revenues	391	859
Foreign exchange
Disaggregation of Revenue
Trading revenues	648	274
Equity
Disaggregation of Revenue
Trading revenues	2,007	1,695
Commodity and other
Disaggregation of Revenue
Trading revenues	525	861
Credit
Disaggregation of Revenue
Trading revenues	$ 412	$ 536

Segment, Geographic and Reven_6

Segment, Geographic and Revenue Information - Investment Management Investments Revenues - Net Unrealized Carried Interest (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Segment Reporting [Abstract]
Net cumulative unrealized performance-based fees at risk of reversing	$ 824	$ 802

Segment, Geographic and Reven_7

Segment, Geographic and Revenue Information - Investment Management Asset Management Revenues - Reduction of Fees due to Fee Waivers (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting [Abstract]
Fee waivers	$ 124	$ 94

Segment, Geographic and Reven_8

Segment, Geographic and Revenue Information - Other Expenses - Transaction Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting [Abstract]
Transaction taxes	$ 258	$ 238

Segment, Geographic and Reven_9

Segment, Geographic and Revenue Information - Net Revenues by Region (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information
Net revenues	$ 14,801	$ 15,719
Americas
Segment Reporting Information
Net revenues	10,464	11,191
EMEA
Segment Reporting Information
Net revenues	2,311	2,159
Asia
Segment Reporting Information
Net revenues	$ 2,026	$ 2,369

Segment, Geographic and Reve_10

Segment, Geographic and Revenue Information - Revenue Recognized from Prior Services (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting [Abstract]
Non-interest revenues	$ 1,005	$ 541

Segment, Geographic and Reve_11

Segment, Geographic and Revenue Information - Receivables from Contracts with Customers (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Segment Reporting [Abstract]
Customer and other receivables	$ 3,445	$ 3,591

Segment, Geographic and Reve_12

Segment, Geographic and Revenue Information - Assets by Business Segment (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Segment Reporting Information
Assets	$ 1,222,233	$ 1,188,140
Institutional Securities
Segment Reporting Information
Assets	826,242	792,135
Wealth Management
Segment Reporting Information
Assets	378,501	378,438
Investment Management
Segment Reporting Information
Assets	$ 17,490	$ 17,567