Morgan Stanley (MS) 10-Q 4 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Sep. 30, 2024
Entity File Number	1-11758
Entity Registrant Name	MORGAN STANLEY
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		1,611,035,579
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000895421
Current Fiscal Year End Date	--12-31
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
Non-Cumulative Preferred Stock, Series O, $0.01 par value
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
Non-Cumulative Preferred Stock, Series P, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series P, $0.01 par value
Trading Symbol	MS/PP
Security Exchange Name	NYSE
Non-Cumulative Preferred Stock, Series Q, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Non-Cumulative Preferred Stock, Series Q, $0.01 par value
Trading Symbol	MS/PQ
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
Global Medium-Term Notes, Series A, Floating Rate Notes Due 2029
Document Information [Line Items]
Title of 12(b) Security	Global Medium-Term Notes, Series A, Floating Rate Notes Due 2029
Trading Symbol	MS/29
Security Exchange Name	NYSE

Consolidated Income Statement

Consolidated Income Statement - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Investment banking		$ 1,590	$ 1,048	$ 4,914	$ 3,533
Trading		4,002	3,679	12,985	11,958
Investments		315	144	609	384
Commissions and fees		1,294	1,098	3,704	3,427
Asset management		5,747	5,031	16,440	14,576
Other		239	296	827	1,036
Total non-interest revenues		13,187	11,296	39,479	34,914
Interest income	[1]	14,185	12,126	40,644	33,019
Interest expense	[1]	11,989	10,149	34,585	26,686
Net interest		2,196	1,977	6,059	6,333
Net revenues		15,383	13,273	45,538	41,247
Provision for credit losses		79	134	149	529
Non-interest expenses
Compensation and benefits		6,733	5,935	19,889	18,607
Brokerage, clearing and exchange fees		1,044	855	2,960	2,611
Information processing and communications		1,042	947	3,029	2,788
Professional services		711	759	2,103	2,236
Occupancy and equipment		473	456	1,378	1,367
Marketing and business development		224	191	686	674
Other		856	851	2,654	2,718
Total non-interest expenses		11,083	9,994	32,699	31,001
Income before provision for income taxes		4,221	3,145	12,690	9,717
Provision for income taxes		995	710	2,885	2,028
Net income		3,226	2,435	9,805	7,689
Net income applicable to noncontrolling interests		38	27	129	119
Net income applicable to Morgan Stanley		3,188	2,408	9,676	7,570
Preferred stock dividends		160	146	440	423
Earnings applicable to Morgan Stanley common shareholders		$ 3,028	$ 2,262	$ 9,236	$ 7,147
Earnings per common share
Basic (USD per share)		$ 1.91	$ 1.39	$ 5.79	$ 4.37
Diluted (USD per share)		$ 1.88	$ 1.38	$ 5.73	$ 4.33
Average common shares outstanding
Basic (shares)		1,588	1,624	1,594	1,635
Diluted (shares)		1,609	1,643	1,612	1,653
[1] Prior period amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.

Consolidated Comprehensive Inco

Consolidated Comprehensive Income Statement - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 3,226	$ 2,435	$ 9,805	$ 7,689
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	284	(149)	(31)	(240)
Change in net unrealized gains (losses) on available-for-sale securities	723	(366)	900	125
Pension and other	3	(1)	16	(3)
Change in net debt valuation adjustment	(175)	(414)	(463)	(960)
Net change in cash flow hedges	34	(3)	6	(16)
Total other comprehensive income (loss)	869	(933)	428	(1,094)
Comprehensive income	4,095	1,502	10,233	6,595
Net income applicable to noncontrolling interests	38	27	129	119
Other comprehensive income (loss) applicable to noncontrolling interests	95	(31)	(7)	(145)
Comprehensive income applicable to Morgan Stanley	$ 3,962	$ 1,506	$ 10,111	$ 6,621

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 91,084	$ 89,232
Trading assets at fair value ($150,702 and $162,698 were pledged to various parties)	362,298	367,074
Available-for-sale at fair value (amortized cost of $100,685 and $92,149)	97,828	88,113
Held-to-maturity (fair value of $54,894 and $57,453)	62,856	66,694
Securities purchased under agreements to resell (includes $— and $7 at fair value)	137,352	110,740
Securities borrowed	132,412	121,091
Customer and other receivables	91,380	80,105
Loans:
Held for investment (net of allowance for credit losses of $1,104 and $1,169)	218,012	203,385
Held for sale	12,862	15,255
Goodwill	16,735	16,707
Intangible assets (net of accumulated amortization of $5,299 and $4,847)	6,620	7,055
Other assets	28,588	28,242
Total assets	1,258,027	1,193,693
Liabilities
Deposits (includes $7,327 and $6,472 at fair value)	363,722	351,804
Trading liabilities at fair value	152,238	151,513
Securities sold under agreements to repurchase (includes $996 and $1,020 at fair value)	58,329	62,651
Securities loaned	17,455	15,057
Other secured financings (includes $14,127 and $9,899 at fair value)	18,143	12,655
Customer and other payables	216,591	208,148
Other liabilities and accrued expenses	28,698	28,151
Borrowings (includes $107,547 and $93,900 at fair value)	298,180	263,732
Total liabilities	1,153,356	1,093,711
Commitments and contingent liabilities (see Note 13)
Equity
Preferred stock	9,750	8,750
Common stock	20	20
Additional paid-in capital	29,820	29,832
Retained earnings	102,911	97,996
Employee stock trusts	5,095	5,314
Accumulated other comprehensive income (loss)	(5,986)	(6,421)
Common stock held in treasury at cost, $0.01 par value (426,825,549 and 412,065,542 shares)	(32,868)	(31,139)
Common stock issued to employee stock trusts	(5,095)	(5,314)
Total Morgan Stanley shareholders’ equity	103,647	99,038
Noncontrolling interests	1,024	944
Total equity	104,671	99,982
Total liabilities and equity	$ 1,258,027	$ 1,193,693

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Trading assets pledged to various parties	$ 150,702	$ 162,698
Available-for-sale, amortized cost	100,685	92,149
Held-to-maturity, fair value	54,894	57,453
Fair value of securities purchased under agreement to resell	0	7
ACL	1,104	1,169
Intangible assets, accumulated amortization	5,299	4,847
Liabilities
Deposits at fair value	7,327	6,472
Fair value of securities sold under agreement to repurchase	996	1,020
Fair value of other secured financings	14,127	9,899
Fair value of borrowings	$ 107,547	$ 93,900
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)	1,612,068,430	1,626,828,437
Common stock held in treasury (shares)	426,825,549	412,065,542

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		Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	[1]	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, 2022		$ 8,750	$ 20	$ 29,339	$ 94,862		$ 0		$ 4,881	$ (6,253)	$ (26,577)	$ (4,881)	$ 1,090
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based award activity				256					363		1,479	(363)
Issuance of preferred stock		0		0
Net income applicable to Morgan Stanley	$ 7,570				7,570
Preferred stock dividends	(423)				(423)	[2]
Common stock dividends	(4,001)				(4,001)	[2]
Other net increases (decreases)					(1)								(117)
Net change in Accumulated other comprehensive income (loss)	(1,094)									(949)			(145)
Repurchases of common stock and employee tax withholdings											(4,861)
Net income applicable to noncontrolling interests	119												119
Ending balance at Sep. 30, 2023	100,158	8,750	20	29,595	98,007				5,244	(7,202)	(29,959)	(5,244)	947
Beginning balance at Jun. 30, 2023		8,750	20	29,245	97,151		0		5,258	(6,300)	(28,480)	(5,258)	975
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based award activity				350					(14)		77	14
Issuance of preferred stock		0		0
Net income applicable to Morgan Stanley	2,408				2,408
Preferred stock dividends	(146)				(146)	[2]
Common stock dividends	(1,404)				(1,404)	[2]
Other net increases (decreases)					(2)								(24)
Net change in Accumulated other comprehensive income (loss)	(933)									(902)			(31)
Repurchases of common stock and employee tax withholdings											(1,556)
Net income applicable to noncontrolling interests	27												27
Ending balance at Sep. 30, 2023	100,158	8,750	20	29,595	98,007				5,244	(7,202)	(29,959)	(5,244)	947
Beginning balance at Dec. 31, 2023	99,982	8,750	20	29,832	97,996		(60)		5,314	(6,421)	(31,139)	(5,314)	944
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based award activity				(7)					(219)		1,629	219
Issuance of preferred stock		1,000		(5)
Net income applicable to Morgan Stanley	9,676				9,676
Preferred stock dividends	(440)				(440)	[2]
Common stock dividends	(4,259)				(4,259)	[2]
Other net increases (decreases)					(2)								(42)
Net change in Accumulated other comprehensive income (loss)	428									435			(7)
Repurchases of common stock and employee tax withholdings											(3,358)
Net income applicable to noncontrolling interests	129												129
Ending balance at Sep. 30, 2024	104,671	9,750	20	29,820	102,911				5,095	(5,986)	(32,868)	(5,095)	1,024
Beginning balance at Jun. 30, 2024		8,750	20	29,459	101,374		$ 0		5,110	(6,760)	(32,129)	(5,110)	892
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based award activity				366					(15)		74	15
Issuance of preferred stock		1,000		(5)
Net income applicable to Morgan Stanley	3,188				3,188
Preferred stock dividends	(160)				(160)	[2]
Common stock dividends	(1,492)				(1,492)	[2]
Other net increases (decreases)					1								(1)
Net change in Accumulated other comprehensive income (loss)	869									774			95
Repurchases of common stock and employee tax withholdings											(813)
Net income applicable to noncontrolling interests	38												38
Ending balance at Sep. 30, 2024	$ 104,671	$ 9,750	$ 20	$ 29,820	$ 102,911				$ 5,095	$ (5,986)	$ (32,868)	$ (5,095)	$ 1,024
[1] The Firm adopted the Investments - Tax Credit Structures accounting standard update on January 1, 2024. Refer to Note 2 for further information.

Consolidated Cash Flow Statemen

Consolidated Cash Flow Statement - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 9,805	$ 7,689
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Stock-based compensation expense	1,231	1,348
Depreciation and amortization	3,516	2,850
Provision for credit losses	149	529
Other operating adjustments	121	44
Changes in assets and liabilities:
Trading assets, net of Trading liabilities	12,358	(53,171)
Securities borrowed	(11,321)	12,458
Securities loaned	2,398	(2,615)
Customer and other receivables and other assets	(10,317)	3,884
Customer and other payables and other liabilities	12,556	(15,265)
Securities purchased under agreements to resell	(26,612)	12,338
Securities sold under agreements to repurchase	(4,322)	14,127
Net cash provided by (used for) operating activities	(10,438)	(15,784)
Proceeds from (payments for):
Other assets—Premises, equipment and software	(2,583)	(2,483)
Changes in loans, net	(13,934)	(4,186)
AFS securities:
Purchases	(27,717)	(9,522)
Proceeds from sales	5,540	5,315
Proceeds from paydowns and maturities	15,616	12,017
HTM securities:
Purchases	(3,523)	0
Proceeds from paydowns and maturities	8,279	4,922
Other investing activities	(988)	(346)
Net cash provided by (used for) investing activities	(19,310)	5,717
Net proceeds from (payments for):
Other secured financings	1,384	146
Deposits	11,519	(11,188)
Issuance of preferred stock, net of issuance costs	995	0
Proceeds from issuance of Borrowings	80,369	60,916
Payments for:
Borrowings	(54,596)	(48,847)
Repurchases of common stock and employee tax withholdings	(3,347)	(4,836)
Cash dividends	(4,553)	(4,286)
Other financing activities	(270)	(325)
Net cash provided by (used for) financing activities	31,501	(8,420)
Effect of exchange rate changes on cash and cash equivalents	99	(1,239)
Net increase (decrease) in cash and cash equivalents	1,852	(19,726)
Cash and cash equivalents, at beginning of period	89,232	128,127
Cash and cash equivalents, at end of period	91,084	108,401
Supplemental Disclosure of Cash Flow Information
Cash payments for interest	34,498	30,299
Cash payments for income taxes, net of refunds	$ 1,449	$ 1,248

Introduction and Basis of Prese

Introduction and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Introduction and Basis of Presentation	Introduction and Basis of Presentation The 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. 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 securities and other products, 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 clients. 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. Wealth Management covers: financial advisor-led brokerage, custody, administrative and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; 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 2023 Form 10-K. Certain footnote disclosures included in the 2023 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 2023 Form 10-K.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
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 in the prior year, see Note 2 to the financial statements in the 2023 Form 10-K. In the first quarter of 2024, the Firm implemented certain presentation changes which resulted in a decrease to both interest income and interest expense of $1,179 million and $3,204 million for the three months and nine months ended September 30, 2023, respectively, and no effect on net interest income, with the entire impact to the Firm recorded within the Institutional Securities segment. These changes further aligned the accounting treatment between the balance sheet and the related interest income or expense, primarily by offsetting interest income and expense for certain prime brokerage-related customer receivables and payables that are currently accounted for as a single unit of account on the balance sheet. The current and previous presentation of these interest income and interest expense amounts are acceptable and the change does not represent a change in accounting principle. These changes were applied retrospectively to the consolidated income statement in 2023 and accordingly, prior period amounts were adjusted to conform with the current presentation. During the nine months ended September 30, 2024 there were no significant updates to the Firm’s significant accounting policies, other than for the accounting update adopted. Accounting Updates Adopted in 2024 Investments - Tax Credit Structures The Firm adopted the Investments - Equity Method and Joint Ventures - Tax Credit Structures accounting update on January 1, 2024 using the modified retrospective method. This accounting update permits an election to account for tax equity investments using the proportional amortization method if certain conditions are met. Under the proportional amortization method, the initial cost of the investment is amortized in proportion to the income tax credits and other income tax benefits received and recognized net in the income statement as a component of provision for income taxes. The update requires a separate accounting policy election to be made for each tax credit program. Additional disclosures are required regarding (i) the nature of our tax equity investments and (ii) the effect of our tax equity investments and related income tax credits on the financial condition and results of operations (see Note 10).

Cash and Cash Equivalents

Cash and Cash Equivalents	9 Months Ended
	Sep. 30, 2024
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	Cash and Cash Equivalents $ in millions At At Cash and due from banks $ 5,636 $ 7,323 Interest bearing deposits with banks 85,448 81,909 Total Cash and cash equivalents $ 91,084 $ 89,232 Restricted cash $ 29,352 $ 30,571 For additional information on cash and cash equivalents, including restricted cash, see Note 2 to the financial statements in the 2023 Form 10-K.

Fair Values

Fair Values	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Values	Fair Values Recurring Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis At September 30, 2024 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 59,122 $ 49,130 $ — $ — $ 108,252 Other sovereign government obligations 32,916 13,712 109 — 46,737 State and municipal securities — 2,658 13 — 2,671 MABS — 1,434 441 — 1,875 Loans and lending commitments 2 — 7,302 1,584 — 8,886 Corporate and other debt — 37,487 1,726 — 39,213 Corporate equities 3,5 106,910 1,284 194 — 108,388 Derivative and other contracts: Interest rate 2,904 130,161 447 — 133,512 Credit — 10,115 389 — 10,504 Foreign exchange 118 81,209 305 — 81,632 Equity 1,869 90,559 682 — 93,110 Commodity and other 1,661 13,239 2,281 — 17,181 Netting 1 (5,185) (253,149) (770) (39,608) (298,712) Total derivative and other contracts 1,367 72,134 3,334 (39,608) 37,227 Investments 4,5 930 962 810 — 2,702 Physical commodities — 603 — — 603 Total trading assets 4 201,245 186,706 8,211 (39,608) 356,554 Investment securities—AFS 67,986 29,842 — — 97,828 Total assets at fair value $ 269,231 $ 216,548 $ 8,211 $ (39,608) $ 454,382 At September 30, 2024 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 7,326 $ 1 $ — $ 7,327 Trading liabilities: U.S. Treasury and agency securities 24,264 22 — — 24,286 Other sovereign government obligations 24,765 4,258 2 — 29,025 Corporate and other debt — 13,199 43 — 13,242 Corporate equities 3 52,315 724 27 — 53,066 Derivative and other contracts: Interest rate 2,771 117,046 447 — 120,264 Credit — 10,683 275 — 10,958 Foreign exchange 287 79,411 210 — 79,908 Equity 2,478 104,267 1,450 — 108,195 Commodity and other 1,705 12,055 1,257 — 15,017 Netting 1 (5,185) (253,149) (770) (42,619) (301,723) Total derivative and other contracts 2,056 70,313 2,869 (42,619) 32,619 Total trading liabilities 103,400 88,516 2,941 (42,619) 152,238 Securities sold under agreements to repurchase — 543 453 — 996 Other secured financings — 13,980 147 — 14,127 Borrowings — 106,076 1,471 — 107,547 Total liabilities at fair value $ 103,400 $ 216,441 $ 5,013 $ (42,619) $ 282,235 At December 31, 2023 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 56,459 $ 53,741 $ — $ — $ 110,200 Other sovereign government obligations 22,580 9,946 94 — 32,620 State and municipal securities — 2,148 34 — 2,182 MABS — 1,540 489 — 2,029 Loans and lending commitments 2 — 6,122 2,066 — 8,188 Corporate and other debt — 35,833 1,983 — 37,816 Corporate equities 3,5 126,772 929 199 — 127,900 Derivative and other contracts: Interest rate 7,284 140,139 784 — 148,207 Credit — 10,244 393 — 10,637 Foreign exchange 12 93,218 20 — 93,250 Equity 2,169 55,319 587 — 58,075 Commodity and other 1,608 11,862 2,811 — 16,281 Netting 1 (7,643) (237,497) (1,082) (42,915) (289,137) Total derivative and other contracts 3,430 73,285 3,513 (42,915) 37,313 Investments 4 781 836 949 — 2,566 Physical commodities — 736 — — 736 Total trading assets 4 210,022 185,116 9,327 (42,915) 361,550 Investment securities—AFS 57,405 30,708 — — 88,113 Securities purchased under agreements to resell — 7 — — 7 Total assets at fair value $ 267,427 $ 215,831 $ 9,327 $ (42,915) $ 449,670 At December 31, 2023 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 6,439 $ 33 $ — $ 6,472 Trading liabilities: U.S. Treasury and agency securities 27,708 16 — — 27,724 Other sovereign government obligations 26,829 3,955 6 — 30,790 Corporate and other debt — 10,560 9 — 10,569 Corporate equities 3 46,809 300 45 — 47,154 Derivative and other contracts: Interest rate 8,000 129,983 857 — 138,840 Credit — 10,795 297 — 11,092 Foreign exchange 96 89,880 385 — 90,361 Equity 2,411 64,794 1,689 — 68,894 Commodity and other 1,642 11,904 1,521 — 15,067 Netting 1 (7,643) (237,497) (1,082) (42,757) (288,979) Total derivative and other contracts 4,506 69,859 3,667 (42,757) 35,275 Total trading liabilities 105,852 84,690 3,727 (42,757) 151,512 Securities sold under agreements to repurchase — 571 449 — 1,020 Other secured financings — 9,807 92 — 9,899 Borrowings — 92,022 1,878 — 93,900 Total liabilities at fair value $ 105,852 $ 193,529 $ 6,179 $ (42,757) $ 262,803 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. 5. At September 30, 2024 and December 31, 2023, the Firm's Trading assets included an insignificant amount of equity securities subject to contractual sale restrictions that generally prohibit the Firm from selling the security for a period of time as of the measurement date. Detail of Loans and Lending Commitments at Fair Value $ in millions At At Commercial Real Estate $ 766 $ 422 Residential Real Estate 2,562 2,909 Securities-based lending and Other loans 5,558 4,857 Total $ 8,886 $ 8,188 Unsettled Fair Value of Futures Contracts 1 $ in millions At At Customer and other receivables (payables), net $ 2,183 $ 1,062 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 4 to the financial statements in the 2023 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 Nine Months Ended $ in millions 2024 2023 2024 2023 U.S. Treasury and agency securities Beginning balance $ — $ — $ — $ 17 Sales — — — (10) Net transfers — — — (7) Ending balance $ — $ — $ — $ — Unrealized gains (losses) $ — $ — $ — $ — Other sovereign government obligations Beginning balance $ 74 $ 128 $ 94 $ 169 Realized and unrealized gains (losses) 3 — 1 6 Purchases 14 17 48 18 Sales (27) (30) (74) (112) Net transfers 45 (21) 40 13 Ending balance $ 109 $ 94 $ 109 $ 94 Unrealized gains (losses) $ (2) $ 1 $ (2) $ 1 State and municipal securities Beginning balance $ — $ 40 $ 34 $ 145 Realized and unrealized gains (losses) — (3) — (2) Purchases — 147 — 255 Sales — (20) (29) (218) Net transfers 13 (52) 8 (68) Ending balance $ 13 $ 112 $ 13 $ 112 Unrealized gains (losses) $ — $ (3) $ — $ (3) MABS Beginning balance $ 423 $ 486 $ 489 $ 416 Realized and unrealized gains (losses) 10 (1) 27 13 Purchases 43 88 140 149 Sales (58) (33) (243) (79) Settlements — — — 50 Net transfers 23 (4) 28 (13) Ending balance $ 441 $ 536 $ 441 $ 536 Unrealized gains (losses) $ 15 $ 4 $ 9 $ 5 Loans and lending commitments Beginning balance $ 2,176 $ 2,400 $ 2,066 $ 2,017 Realized and unrealized gains (losses) 29 (6) 19 (91) Purchases and originations 130 997 681 1,569 Sales (648) (539) (917) (686) Settlements (4) (666) (174) (717) Net transfers (99) (147) (91) (53) Ending balance $ 1,584 $ 2,039 $ 1,584 $ 2,039 Unrealized gains (losses) $ (1) $ (6) $ (2) $ (91) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Corporate and other debt Beginning balance $ 1,925 $ 2,223 $ 1,983 $ 2,096 Realized and unrealized gains (losses) 9 108 44 231 Purchases and originations 423 346 834 561 Sales (496) (465) (980) (618) Settlements (73) (6) (85) (6) Net transfers (62) 257 (70) 199 Ending balance $ 1,726 $ 2,463 $ 1,726 $ 2,463 Unrealized gains (losses) $ 6 $ 113 $ 101 $ 239 Corporate equities Beginning balance $ 217 $ 166 $ 199 $ 116 Realized and unrealized gains (losses) (24) (29) (93) (64) Purchases 26 32 65 101 Sales (29) (34) (58) (38) Net transfers 4 60 81 80 Ending balance $ 194 $ 195 $ 194 $ 195 Unrealized gains (losses) $ (11) $ (25) $ (17) $ (36) Investments Beginning balance $ 843 $ 968 $ 949 $ 923 Realized and unrealized gains (losses) 53 17 63 24 Purchases 18 6 42 153 Sales (101) (76) (241) (183) Net transfers (3) 19 (3) 17 Ending balance $ 810 $ 934 $ 810 $ 934 Unrealized gains (losses) $ 24 $ 19 $ 6 $ 17 Investment securities—AFS Beginning balance $ — $ — $ — $ 35 Realized and unrealized gains (losses) — (5) — (4) Net transfers — 40 — 4 Ending balance $ — $ 35 $ — $ 35 Unrealized gains (losses) $ — $ (5) $ — $ (4) Net derivatives: Interest rate Beginning balance $ 262 $ 49 $ (73) $ (151) Realized and unrealized gains (losses) (120) 49 (103) (318) Purchases 20 26 27 57 Issuances (6) (7) (14) (63) Settlements (77) (110) (18) 329 Net transfers (79) (256) 181 (103) Ending balance $ — $ (249) $ — $ (249) Unrealized gains (losses) $ (114) $ 7 $ (65) $ (94) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Net derivatives: Credit Beginning balance $ 124 $ 96 $ 96 $ 110 Realized and unrealized gains (losses) 108 9 (42) (12) Settlements (116) (7) 39 (7) Net transfers (2) (8) 21 (1) Ending balance $ 114 $ 90 $ 114 $ 90 Unrealized gains (losses) $ 108 $ 8 $ (21) $ 4 Net derivatives: Foreign exchange Beginning balance $ (118) $ 28 $ (365) $ 66 Realized and unrealized gains (losses) 51 (13) 57 (53) Settlements 117 16 264 (68) Net transfers 45 (160) 139 (74) Ending balance $ 95 $ (129) $ 95 $ (129) Unrealized gains (losses) $ 51 $ (16) $ 61 $ (51) Net derivatives: Equity Beginning balance $ (1,055) $ (775) $ (1,102) $ (736) Realized and unrealized gains (losses) (123) 195 125 192 Purchases 54 38 186 157 Issuances (161) (166) (473) (492) Settlements 265 252 337 229 Net transfers 252 (326) 159 (132) Ending balance $ (768) $ (782) $ (768) $ (782) Unrealized gains (losses) $ (155) $ 160 $ 11 $ 93 Net derivatives: Commodity and other Beginning balance $ 1,203 $ 1,416 $ 1,290 $ 1,083 Realized and unrealized gains (losses) 223 (7) 789 549 Purchases 70 7 126 70 Issuances (23) (9) (37) (80) Settlements (398) (92) (909) (313) Net transfers (51) (34) (235) (28) Ending balance $ 1,024 $ 1,281 $ 1,024 $ 1,281 Unrealized gains (losses) $ (58) $ (142) $ (48) $ 216 Deposits Beginning balance $ 34 $ 36 $ 33 $ 20 Realized and unrealized losses (gains) — (1) — (1) Purchases — 6 — 26 Net transfers (33) (25) (32) (29) Ending balance $ 1 $ 16 $ 1 $ 16 Unrealized losses (gains) $ — $ (1) $ — $ (1) Nonderivative trading liabilities Beginning balance $ 42 $ 89 $ 60 $ 74 Realized and unrealized losses (gains) 6 (4) (17) (12) Purchases (44) (29) (50) (49) Sales 25 23 78 77 Settlements — — (1) — Net transfers 43 15 2 4 Ending balance $ 72 $ 94 $ 72 $ 94 Unrealized losses (gains) $ 9 $ (2) $ (6) $ (11) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Securities sold under agreements to repurchase Beginning balance $ 449 $ 454 $ 449 $ 512 Realized and unrealized losses (gains) 4 4 4 11 Issuances — — — 1 Settlements — — — (9) Net transfers — — — (57) Ending balance $ 453 $ 458 $ 453 $ 458 Unrealized losses (gains) $ 3 $ 4 $ 4 $ 11 Other secured financings Beginning balance $ 91 $ 90 $ 92 $ 91 Realized and unrealized losses (gains) 1 (1) (4) 2 Issuances 57 15 94 59 Settlements (16) (6) (58) (54) Net transfers 14 — 23 — Ending balance $ 147 $ 98 $ 147 $ 98 Unrealized losses (gains) $ 1 $ (1) $ (4) $ 2 Borrowings Beginning balance $ 1,976 $ 1,787 $ 1,878 $ 1,587 Realized and unrealized losses (gains) 86 18 90 83 Issuances 95 342 412 626 Settlements (105) (182) (212) (355) Net transfers (581) (437) (697) (413) Ending balance $ 1,471 $ 1,528 $ 1,471 $ 1,528 Unrealized losses (gains) $ 109 $ 18 $ 115 $ 48 Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (1) (4) — 10 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 September 30, 2024 At December 31, 2023 Assets at Fair Value on a Recurring Basis Other sovereign government obligations $ 109 $ 94 Comparable pricing: Bond price 70 to 100 points (80 points) 61 to 110 points (87 points) MABS $ 441 $ 489 Comparable pricing: Bond price 1 to 88 points (59 points) 0 to 88 points (61 points) Loans and lending commitments $ 1,584 $ 2,066 Margin loan model: Margin loan rate 1% to 4% (3%) 2% to 4% (3%) Comparable pricing: Loan price 83 to 101 points (97 points) 85 to 102 points (98 points) Corporate and other debt $ 1,726 $ 1,983 Comparable pricing: Bond price 29 to 128 points (82 points) 28 to 135 points (82 points) Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Corporate equities $ 194 $ 199 Comparable pricing: Equity price 100% 100% Investments $ 810 $ 949 Discounted cash flow: WACC 12% to 18% (16%) 16% to 18% (17%) Exit multiple 9 to 10 times (10 times) 9 to 17 times (15 times) Market approach: EBITDA multiple 21 times 22 times Comparable pricing: Equity price 24% to 100% (84%) 24% to 100% (86%) Net derivative and other contracts: Interest rate $ 0 $ (73) Option model: IR volatility skew 66% to 89% (74% / 73%) 70% to 100% (81% / 93%) IR curve correlation 30% to 99% (83% / 87%) 49% to 99% (77% / 79%) Bond volatility 77% to 188% (91% / 88%) 79% to 85% (82% / 85%) Inflation volatility 29% to 69% (44% / 40%) 27% to 70% (43% / 39%) Credit $ 114 $ 96 Credit default swap model: Cash-synthetic basis 7 points 7 points Bond price 0 to 90 points (42 points) 0 to 92 points (46 points) Credit spread 10 to 366 bps (93 bps) 10 to 404 bps (94 bps) Funding spread 13 to 590 bps (81 bps) 18 to 590 bps (67 bps) Balance / Range (Average 1 ) $ in millions, except inputs At September 30, 2024 At December 31, 2023 Foreign exchange 2 $ 95 $ (365) Option model: IR curve 4% to 12% (8% / 5%) -4% to 26% (7% / 5%) Foreign exchange volatility skew N/M -3% to 12% (2% / 0%) Contingency probability 85% to 95% (89% / 95%) 95% Equity 2 $ (768) $ (1,102) Option model: Equity volatility 10% to 95% (24%) 6% to 97% (23%) Equity volatility skew -1% to 0% (0%) -1% to 0% (0%) Equity correlation 18% to 94% (55%) 25% to 97% (49%) FX correlation -65% to 50% (-21%) -79% to 40% (-28%) IR correlation -25% to 23% (12%) 10% to 30% (15%) Commodity and other $ 1,024 $ 1,290 Option model: Forward power price $0 to $193 ($39) per MWh $0 to $220 ($49) per MWh Commodity volatility 7% to 135% (35%) 8% to 123% (31%) Cross-commodity correlation 54% to 100% (95%) 54% to 100% (94%) Liabilities Measured at Fair Value on a Recurring Basis Securities sold under agreements to repurchase $ 453 $ 449 Discounted cash flow: Funding spread 11 to 127 bps (49 / 32 bps) 28 to 135 bps (79 bps) Other secured financings $ 147 $ 92 Comparable pricing: Loan price 23 to 101 points (74 points) 22 to 101 points (76 points) Borrowings $ 1,471 $ 1,878 Option model: Equity volatility 9% to 65% (24%) 6% to 69% (13%) Equity volatility skew -3% to 0% (0%) -2% to 0% (0%) Equity correlation 42% to 97% (71%) 41% to 97% (79%) Equity - FX correlation -50% to 23% (-18%) -65% to 40% (-30%) IR curve correlation N/M 50% to 89% (71% / 70%) Credit default swap model: Credit spread 341 to 519 bps (430 bps) N/M Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Nonrecurring Fair Value Measurement Loans $ 5,570 $ 4,532 Corporate loan model: Credit spread 115 to 13,954 bps (1,131 bps) 99 to 1,467 bps (1,015 bps) Comparable pricing: Loan price 29 to 100 points (87 points) 25 to 93 points (70 points) Warehouse model: Credit spread 122 to 271 bps (186 bps) 115 to 268 bps (185 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 4 to the financial statements in the 2023 Form 10-K. During the three months ended September 30, 2024, there were no significant revisions made to the descriptions of the Firm’s significant unobservable inputs. Net Asset Value Measurements Fund Interests At September 30, 2024 At December 31, 2023 $ in millions Carrying Commitment Carrying Commitment Private equity $ 2,612 $ 638 $ 2,685 $ 720 Real estate 3,060 229 2,765 240 Hedge 72 2 74 3 Total $ 5,744 $ 869 $ 5,524 $ 963 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 4 to the financial statements in the 2023 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 September 30, 2024 $ in millions Private Equity Real Estate Less than 5 years $ 1,094 $ 1,867 5-10 years 1,421 1,099 Over 10 years 97 94 Total $ 2,612 $ 3,060 Nonrecurring Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis At September 30, 2024 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 1,991 $ 5,570 $ 7,561 Total $ 1,991 $ 5,570 $ 7,561 Liabilities Other liabilities and accrued expenses—Lending commitments $ 62 $ 60 $ 122 Total $ 62 $ 60 $ 122 At December 31, 2023 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 4,215 $ 4,532 $ 8,747 Other assets—Other investments — 4 4 Other assets—ROU assets 23 — 23 Total $ 4,238 $ 4,536 $ 8,774 Liabilities Other liabilities and accrued expenses—Lending commitments $ 110 $ 60 $ 170 Total $ 110 $ 60 $ 170 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Assets Loans 2 $ (136) $ (35) $ (190) $ (117) Other assets—Other investments 3 — 5 (7) 4 Other assets—Premises, equipment and software 4 (10) (2) (12) (6) Other assets—ROU assets 5 — — — (10) Total $ (146) $ (32) $ (209) $ (129) Liabilities Other liabilities and accrued expenses—Lending commitments 2 $ (2) $ 7 $ 8 $ 38 Total $ (2) $ 7 $ 8 $ 38 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. 4. Losses related to Other assets—Premises, equipment and software generally include impairments as well as write-offs related to the disposal of certain assets. 5. Losses related to Other Assets—ROU assets include impairments related to discontinued leased properties. Financial Instruments Not Measured at Fair Value At September 30, 2024 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 91,084 $ 91,084 $ — $ — $ 91,084 Investment securities—HTM 62,856 17,292 36,455 1,147 54,894 Securities purchased under agreements to resell 137,352 — 135,629 1,799 137,428 Securities borrowed 132,412 — 132,413 — 132,413 Customer and other receivables 84,207 — 80,049 4,051 84,100 Loans 1,2 Held for investment 218,012 — 8,321 205,719 214,040 Held for sale 12,862 — 5,366 7,601 12,967 Other assets 704 — 704 — 704 Financial liabilities Deposits $ 356,395 $ — $ 356,592 $ — $ 356,592 Securities sold under agreements to repurchase 57,333 — 57,336 — 57,336 Securities loaned 17,455 — 17,455 — 17,455 Other secured financings 4,016 — 4,015 — 4,015 Customer and other payables 216,362 — 216,362 — 216,362 Borrowings 190,633 — 193,720 102 193,822 Commitment Lending commitments 3 $ 169,777 $ — $ 1,180 $ 1,038 $ 2,218 At December 31, 2023 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 89,232 $ 89,232 $ — $ — $ 89,232 Investment securities—HTM 66,694 21,937 34,411 1,105 57,453 Securities purchased under agreements to resell 110,733 — 108,099 2,674 110,773 Securities borrowed 121,091 — 121,091 — 121,091 Customer and other receivables 74,337 — 70,110 4,031 74,141 Loans 1,2 Held for investment 203,385 — 20,125 176,291 196,416 Held for sale 15,255 — 8,652 6,672 15,324 Other assets 704 — 704 — 704 Financial liabilities Deposits $ 345,332 $ — $ 345,391 $ — $ 345,391 Securities sold under agreements to repurchase 61,631 — 61,621 — 61,621 Securities loaned 15,057 — 15,055 — 15,055 Other secured financings 2,756 — 2,756 — 2,756 Customer and other payables 208,015 — 208,015 — 208,015 Borrowings 169,832 — 171,009 4 171,013 Commitment Lending commitments 3 $ 149,464 $ — $ 1,338 $ 749 $ 2,087 1. Amounts include loans measured at fair value on a nonrecurring basis. 2. Loans amounts have been disaggregated into HFI and HFS for the first time in the fourth quarter of 2023. Prior period amounts have been revised to match the current period presentation. 3. Represents Lending commitments accounted for as Held for Investment and Held for Sale. For a further discussion on lending commitments, see Note 13. The previous tables exclude all non-financial assets and liabilities, such as Goodwill and Intangible assets, and certain financial instruments, such as equity method investments and certain receivables.

Fair Value Option

Fair Value Option	9 Months Ended
	Sep. 30, 2024
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 $ 53,530 $ 46,073 Interest rates 35,239 31,055 Commodities 14,071 12,798 Credit 3,047 2,400 Foreign exchange 1,660 1,574 Total $ 107,547 $ 93,900 Net Revenues from Borrowings under the Fair Value Option Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Trading revenues $ (6,993) $ 3,479 $ (6,158) $ (1,412) Interest expense 175 124 474 351 Net revenues 1 $ (7,168) $ 3,355 $ (6,632) $ (1,763) 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 September 30, 2024 2023 $ in millions Trading Revenues OCI Trading Revenues OCI Loans and other receivables 1 $ (15) $ — $ (8) $ — Lending commitments (3) — — — Deposits — (3) — 4 Borrowings (4) (227) (6) (547) Nine Months Ended September 30, 2024 2023 $ in millions Trading OCI Trading OCI Loans and other receivables 1 $ (13) $ — $ (112) $ — Lending commitments (4) — 11 — Deposits — 8 — 21 Borrowings (21) (617) (15) (1,289) $ in millions At At Cumulative pre-tax DVA gain (loss) recognized in AOCI $ (2,775) $ (2,166) 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 $ 10,943 $ 11,086 Nonaccrual loans 2 8,409 8,566 Borrowings 3 1,973 3,030 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 $ 824 $ 440 Nonaccrual loans 90 or more days past due 20 75

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Fair Values of Derivative Contracts Assets at September 30, 2024 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 3 $ — $ — $ 3 Foreign exchange 44 3 — 47 Total 47 3 — 50 Not designated as accounting hedges Economic hedges of loans Credit — 33 — 33 Other derivatives Interest rate 115,855 17,372 282 133,509 Credit 5,026 5,445 — 10,471 Foreign exchange 78,738 2,721 126 81,585 Equity 32,410 — 60,700 93,110 Commodity and other 14,868 2 2,311 17,181 Total 246,897 25,573 63,419 335,889 Total gross derivatives $ 246,944 $ 25,576 $ 63,419 $ 335,939 Amounts offset Counterparty netting (177,423) (22,675) (60,104) (260,202) Cash collateral netting (36,738) (1,772) — (38,510) Total in Trading assets $ 32,783 $ 1,129 $ 3,315 $ 37,227 Amounts not offset 1 Financial instruments collateral (15,407) — — (15,407) Net amounts $ 17,376 $ 1,129 $ 3,315 $ 21,820 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 2,592 Liabilities at September 30, 2024 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 420 $ — $ — $ 420 Foreign exchange 71 35 — 106 Total 491 35 — 526 Not designated as accounting hedges Economic hedges of loans Credit 53 786 — 839 Other derivatives Interest rate 104,680 14,939 225 119,844 Credit 5,071 5,048 — 10,119 Foreign exchange 76,813 2,696 293 79,802 Equity 48,782 — 59,413 108,195 Commodity and other 12,475 — 2,542 15,017 Total 247,874 23,469 62,473 333,816 Total gross derivatives $ 248,365 $ 23,504 $ 62,473 $ 334,342 Amounts offset Counterparty netting (177,423) (22,675) (60,104) (260,202) Cash collateral netting (40,917) (604) — (41,521) Total in Trading liabilities $ 30,025 $ 225 $ 2,369 $ 32,619 Amounts not offset 1 Financial instruments collateral (5,588) — (200) (5,788) Net amounts $ 24,437 $ 225 $ 2,169 $ 26,831 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable 4,660 Assets at December 31, 2023 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 25 $ — $ — $ 25 Foreign exchange 5 5 — 10 Total 30 5 — 35 Not designated as accounting hedges Economic hedges of loans Credit 2 27 — 29 Other derivatives Interest rate 127,414 19,914 854 148,182 Credit 5,712 4,896 — 10,608 Foreign exchange 90,654 2,570 16 93,240 Equity 20,338 — 37,737 58,075 Commodity and other 13,928 — 2,353 16,281 Total 258,048 27,407 40,960 326,415 Total gross derivatives $ 258,078 $ 27,412 $ 40,960 $ 326,450 Amounts offset Counterparty netting (184,553) (23,851) (38,510) (246,914) Cash collateral netting (39,493) (2,730) — (42,223) Total in Trading assets $ 34,032 $ 831 $ 2,450 $ 37,313 Amounts not offset 1 Financial instruments collateral (15,690) — — (15,690) Net amounts $ 18,342 $ 831 $ 2,450 $ 21,623 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 2,641 Liabilities at December 31, 2023 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 467 $ — $ — $ 467 Foreign exchange 414 43 — 457 Total 881 43 — 924 Not designated as accounting hedges Economic hedges of loans Credit 43 702 — 745 Other derivatives Interest rate 120,604 17,179 590 138,373 Credit 5,920 4,427 — 10,347 Foreign exchange 87,104 2,694 106 89,904 Equity 31,545 — 37,349 68,894 Commodity and other 12,237 — 2,830 15,067 Total 257,453 25,002 40,875 323,330 Total gross derivatives $ 258,334 $ 25,045 $ 40,875 $ 324,254 Amounts offset Counterparty netting (184,553) (23,851) (38,510) (246,914) Cash collateral netting (41,082) (983) — (42,065) Total in Trading liabilities $ 32,699 $ 211 $ 2,365 $ 35,275 Amounts not offset 1 Financial instruments collateral (6,864) (8) (37) (6,909) Net amounts $ 25,835 $ 203 $ 2,328 $ 28,366 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 5,911 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 netting 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 September 30, 2024 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 129 $ — $ 129 Foreign exchange 11 1 — 12 Total 11 130 — 141 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 4,226 6,682 639 11,547 Credit 242 195 — 437 Foreign exchange 3,594 214 11 3,819 Equity 665 — 614 1,279 Commodity and other 132 3 81 216 Total 8,859 7,095 1,345 17,299 Total gross derivatives $ 8,870 $ 7,225 $ 1,345 $ 17,440 Liabilities at September 30, 2024 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 2 $ 177 $ — $ 179 Foreign exchange 5 3 — 8 Total 7 180 — 187 Not designated as accounting hedges Economic hedges of loans Credit 2 22 — 24 Other derivatives Interest rate 4,222 6,605 533 11,360 Credit 245 181 — 426 Foreign exchange 3,836 218 35 4,089 Equity 714 — 992 1,706 Commodity and other 106 1 94 201 Total 9,125 7,027 1,654 17,806 Total gross derivatives $ 9,132 $ 7,207 $ 1,654 $ 17,993 Assets at December 31, 2023 $ in billions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ — $ 92 $ — $ 92 Foreign exchange 1 1 — 2 Total 1 93 — 94 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 4,153 8,357 560 13,070 Credit 214 176 — 390 Foreign exchange 3,378 165 7 3,550 Equity 528 — 440 968 Commodity and other 142 — 65 207 Total 8,415 8,699 1,072 18,186 Total gross derivatives $ 8,416 $ 8,792 $ 1,072 $ 18,280 Liabilities at December 31, 2023 $ in billions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 3 $ 183 $ — $ 186 Foreign exchange 14 3 — 17 Total 17 186 — 203 Not designated as accounting hedges Economic hedges of loans Credit 2 22 — 24 Other derivatives Interest rate 4,631 8,197 455 13,283 Credit 229 155 — 384 Foreign exchange 3,496 167 33 3,696 Equity 587 — 712 1,299 Commodity and other 101 — 79 180 Total 9,046 8,541 1,279 18,866 Total gross derivatives $ 9,063 $ 8,727 $ 1,279 $ 19,069 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 6 to the financial statements in the 2023 Form 10-K. Gains (Losses) on Accounting Hedges Three Months Ended Nine Months Ended September 30, September 30, $ in millions 2024 2023 2024 2023 Fair value hedges—Recognized in Interest income Interest rate contracts $ (1,277) $ 259 $ (686) $ 457 Investment Securities—AFS 1,302 (239) 755 (423) Fair value hedges—Recognized in Interest expense Interest rate contracts $ 5,777 $ (2,742) $ 3,627 $ (2,806) Deposits (227) (15) (235) (31) Borrowings (5,561) 2,781 (3,403) 2,856 Net investment hedges—Foreign exchange contracts Recognized in OCI $ (533) $ 375 $ 122 $ 381 Forward points excluded from hedge effectiveness testing—Recognized in Interest income 50 60 140 166 Cash flow hedges—Interest rate contracts 1 Recognized in OCI $ 34 $ (12) $ (26) $ (30) Less: Realized gains (losses) (pre-tax) reclassified from AOCI to interest income (11) (6) (34) (9) Net change in cash flow hedges included within AOCI 45 (6) 8 (21) 1. For the three months ended September 30, 2024, there were no forecasted transactions that failed to occur. The net gains (losses) associated with cash flow hedges expected to be reclassified from AOCI within 12 months as of September 30, 2024, is approximately $(5) million. The maximum length of time over which forecasted cash flows are hedged is 18 months. Fair Value Hedges—Hedged Items $ in millions At At Investment Securities—AFS Amortized cost basis currently or previously hedged $ 55,000 $ 47,179 Basis adjustments included in amortized cost 1 $ 220 $ (732) Deposits Carrying amount currently or previously hedged $ 22,816 $ 10,569 Basis adjustments included in carrying amount 1 $ 204 $ (31) Borrowings Carrying amount currently or previously hedged $ 175,810 $ 158,659 Basis adjustments included in carrying amount — Outstanding hedges $ (5,826) $ (9,219) Basis adjustments included in carrying amount — Terminated hedges $ (654) $ (671) 1. Hedge accounting basis adjustments are primarily related to outstanding hedges. Gains (Losses) on Economic Hedges of Loans Three Months Ended Nine Months Ended September 30, September 30, $ in millions 2024 2023 2024 2023 Recognized in Other revenues Credit contracts 1 $ (101) $ (104) $ (248) $ (330) 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 $ 23,138 $ 21,957 Collateral posted 16,361 16,389 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 $ 213 Two-notch downgrade 458 Bilateral downgrade agreements included in the amounts above 1 $ 543 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 Moody’s Investors Service, Inc., S&P Global Ratings and/or other rating agencies. 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 September 30, 2024 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 18 $ 29 $ 41 $ 15 $ 103 Non-investment grade 7 16 17 3 43 Total $ 25 $ 45 $ 58 $ 18 $ 146 Index and basket CDS Investment grade $ 5 $ 11 $ 11 $ 1 $ 28 Non-investment grade 9 23 156 66 254 Total $ 14 $ 34 $ 167 $ 67 $ 282 Total CDS sold $ 39 $ 79 $ 225 $ 85 $ 428 Other credit contracts — — — 3 3 Total credit protection sold $ 39 $ 79 $ 225 $ 88 $ 431 CDS protection sold with identical protection purchased $ 373 Years to Maturity at December 31, 2023 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 19 $ 29 $ 39 $ 10 $ 97 Non-investment grade 7 14 17 1 39 Total $ 26 $ 43 $ 56 $ 11 $ 136 Index and basket CDS Investment grade $ 8 $ 19 $ 85 $ 4 $ 116 Non-investment grade 8 14 95 17 134 Total $ 16 $ 33 $ 180 $ 21 $ 250 Total CDS sold $ 42 $ 76 $ 236 $ 32 $ 386 Other credit contracts — — — 3 3 Total credit protection sold $ 42 $ 76 $ 236 $ 35 $ 389 CDS protection sold with identical protection purchased $ 330 Fair Value Asset (Liability) of Credit Protection Sold 1 $ in millions At At Single-name CDS Investment grade $ 2,122 $ 1,904 Non-investment grade 670 399 Total $ 2,792 $ 2,303 Index and basket CDS Investment grade $ 993 $ 1,929 Non-investment grade 1,416 45 Total $ 2,409 $ 1,974 Total CDS sold $ 5,201 $ 4,277 Other credit contracts 133 314 Total credit protection sold $ 5,334 $ 4,591 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 $ 173 $ 166 Index and basket 252 213 Tranched index and basket 31 30 Total $ 456 $ 409 Fair Value Asset (Liability) $ in millions At At Single name $ (3,222) $ (2,799) Index and basket (1,559) (1,208) Tranched index and basket (1,008) (1,012) Total $ (5,789) $ (5,019) 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 6 to the financial statements in the 2023 Form 10-K.

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities AFS and HTM Securities At September 30, 2024 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 68,369 $ 117 $ 500 $ 67,986 U.S. agency securities 2 24,227 6 2,098 22,135 Agency CMBS 5,828 — 365 5,463 State and municipal securities 1,620 4 13 1,611 FFELP student loan ABS 3 641 — 8 633 Total AFS securities 100,685 127 2,984 97,828 HTM securities U.S. Treasury securities 18,169 — 877 17,292 U.S. agency securities 2 42,067 82 6,992 35,157 Agency CMBS 1,245 — 81 1,164 Non-agency CMBS 1,375 6 100 1,281 Total HTM securities 62,856 88 8,050 54,894 Total investment securities $ 163,541 $ 215 $ 11,034 $ 152,722 At December 31, 2023 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 58,484 $ 24 $ 1,103 $ 57,405 U.S. agency securities 2 25,852 4 2,528 23,328 Agency CMBS 5,871 — 456 5,415 State and municipal securities 1,132 46 5 1,173 FFELP student loan ABS 3 810 — 18 792 Total AFS securities 92,149 74 4,110 88,113 HTM securities U.S. Treasury securities 23,222 — 1,285 21,937 U.S. agency securities 2 40,894 — 7,699 33,195 Agency CMBS 1,337 — 121 1,216 Non-agency CMBS 1,241 2 138 1,105 Total HTM securities 66,694 2 9,243 57,453 Total investment securities $ 158,843 $ 76 $ 13,353 $ 145,566 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 $ 21,410 $ 30 $ 14,295 $ 22 12 months or longer 23,865 470 33,458 1,081 Total 45,275 500 47,753 1,103 U.S. agency securities Less than 12 months 638 1 4,297 43 12 months or longer 20,163 2,097 18,459 2,485 Total 20,801 2,098 22,756 2,528 Agency CMBS Less than 12 months 25 — — — 12 months or longer 5,105 365 5,415 456 Total 5,130 365 5,415 456 State and municipal securities Less than 12 months 620 11 524 3 12 months or longer 36 2 35 2 Total 656 13 559 5 FFELP student loan ABS Less than 12 months 24 — 56 1 12 months or longer 484 8 616 17 Total 508 8 672 18 Total AFS securities in an unrealized loss position Less than 12 months 22,717 42 19,172 69 12 months or longer 49,653 2,942 57,983 4,041 Total $ 72,370 $ 2,984 $ 77,155 $ 4,110 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 2023 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 September 30, 2024 and December 31, 2023, the securities in an unrealized loss position are predominantly investment grade. The HTM securities net carrying amounts at September 30, 2024 and December 31, 2023 reflect an ACL of $54 million and $44 million, respectively, predominantly related to Non-agency CMBS. See Note 2 in the 2023 Form 10-K for a description of the ACL methodology used for HTM Securities. As of September 30, 2024 and December 31, 2023, 98% of the Firm’s portfolio of HTM securities were investment grade U.S. agency securities, U.S. Treasury securities and Agency CMBS which were on accrual status and for which there is an underlying assumption of zero credit losses. Non-investment grade HTM securities primarily consisted of certain Non-agency CMBS securities, for which the expected credit losses were insignificant and were predominantly on accrual status at September 30, 2024 and December 31, 2023. 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 September 30, 2024 $ in millions Amortized Cost 1 Fair Value Annualized Average Yield 2,3 AFS securities U.S. Treasury securities: Due within 1 year $ 18,132 $ 17,928 2.0 % After 1 year through 5 years 44,001 43,834 3.5 % After 5 years through 10 years 6,236 6,224 4.1 % Total 68,369 67,986 U.S. agency securities: Due within 1 year 10 10 0.7 % After 1 year through 5 years 277 268 1.6 % After 5 years through 10 years 448 420 1.8 % After 10 years 23,492 21,437 3.7 % Total 24,227 22,135 Agency CMBS: After 1 year through 5 years 3,874 3,740 1.9 % After 5 years through 10 years 832 797 1.7 % After 10 years 1,122 926 1.4 % Total 5,828 5,463 State and municipal securities: Due within 1 year 861 861 5.1 % After 1 year through 5 years 305 304 4.6 % After 5 years through 10 years 95 94 4.7 % After 10 Years 359 352 4.0 % Total 1,620 1,611 FFELP student loan ABS: Due within 1 year 12 12 5.8 % After 1 year through 5 years 116 113 6.1 % After 5 years through 10 years 25 24 5.9 % After 10 years 488 484 6.3 % Total 641 633 Total AFS securities $ 100,685 $ 97,828 3.2 % At September 30, 2024 $ in millions Amortized Cost 1 Fair Value Annualized Average Yield 2 HTM securities U.S. Treasury securities: Due within 1 year $ 4,596 $ 4,524 1.4 % After 1 year through 5 years 11,514 11,177 2.2 % After 5 years through 10 years 503 431 1.1 % After 10 years 1,556 1,160 2.3 % Total 18,169 17,292 U.S. agency securities: After 1 year through 5 years 4 4 1.8 % After 5 years through 10 years 243 232 2.1 % After 10 years 41,820 34,921 2.1 % Total 42,067 35,157 Agency CMBS: Due within 1 year 320 314 1.9 % After 1 year through 5 years 695 655 1.2 % After 5 years through 10 years 125 109 1.5 % After 10 years 105 86 1.5 % Total 1,245 1,164 Non-agency CMBS: Due within 1 year 130 108 3.9 % After 1 year through 5 years 476 464 5.0 % After 5 years through 10 years 607 548 3.7 % After 10 years 162 161 5.5 % Total 1,375 1,281 Total HTM securities $ 62,856 $ 54,894 2.1 % Total investment securities $ 163,541 $ 152,722 2.8 % 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 excludes the effect of related hedging derivatives. 3. At September 30, 2024, the annualized average yield, including the interest rate swap accrual of related hedges, was 2.7% for AFS securities contractually maturing within 1 year and 3.9% for all AFS securities. Gross Realized Gains (Losses) on Sales of AFS Securities Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Gross realized gains $ — $ 15 $ 50 $ 66 Gross realized (losses) — (1) — (21) Total 1 $ — $ 14 $ 50 $ 45 1. Realized gains and losses are recognized in Other revenues in the income statement.

Collateralized Transactions

Collateralized Transactions	9 Months Ended
	Sep. 30, 2024
Collateralized Agreements [Abstract]
Collateralized Transactions	Collateralized Transactions Offsetting of Certain Collateralized Transactions At September 30, 2024 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 356,962 $ (219,610) $ 137,352 $ (135,517) $ 1,835 Securities borrowed 169,645 (37,233) 132,412 (125,108) 7,304 Liabilities Securities sold under agreements to repurchase $ 277,939 $ (219,610) $ 58,329 $ (53,937) $ 4,392 Securities loaned 54,688 (37,233) 17,455 (17,436) 19 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 1,751 Securities borrowed 2,877 Securities sold under agreements to repurchase 2,865 Securities loaned 1 At December 31, 2023 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 300,242 $ (189,502) $ 110,740 $ (108,893) $ 1,847 Securities borrowed 142,453 (21,362) 121,091 (115,969) 5,122 Liabilities Securities sold under agreements to repurchase $ 252,153 $ (189,502) $ 62,651 $ (58,357) $ 4,294 Securities loaned 36,419 (21,362) 15,057 (15,046) 11 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 1,741 Securities borrowed 607 Securities sold under agreements to repurchase 3,014 Securities loaned 2 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 Notes 2 and 8 to the financial statements in the 2023 Form 10-K. For information related to offsetting of derivatives, see Note 6. Gross Secured Financing Balances by Remaining Contractual Maturity At September 30, 2024 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 125,805 $ 92,731 $ 26,800 $ 32,603 $ 277,939 Securities loaned 38,592 — 348 15,748 54,688 Total included in the offsetting disclosure $ 164,397 $ 92,731 $ 27,148 $ 48,351 $ 332,627 Trading liabilities— 12,702 — — — 12,702 Total $ 177,099 $ 92,731 $ 27,148 $ 48,351 $ 345,329 At December 31, 2023 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 80,376 $ 114,826 $ 25,510 $ 31,441 $ 252,153 Securities loaned 21,508 1,345 709 12,857 36,419 Total included in the offsetting disclosure $ 101,884 $ 116,171 $ 26,219 $ 44,298 $ 288,572 Trading liabilities— 13,528 — — — 13,528 Total $ 115,412 $ 116,171 $ 26,219 $ 44,298 $ 302,100 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 $ 88,009 $ 98,377 Other sovereign government obligations 163,345 122,342 Corporate equities 12,951 18,144 Other 13,634 13,290 Total $ 277,939 $ 252,153 Securities loaned Other sovereign government obligations $ 1,261 $ 1,379 Corporate equities 52,311 34,434 Other 1,116 606 Total $ 54,688 $ 36,419 Total included in the offsetting disclosure $ 332,627 $ 288,572 Trading liabilities—Obligation to return securities received as collateral Corporate equities $ 12,685 $ 13,502 Other 17 26 Total $ 12,702 $ 13,528 Total $ 345,329 $ 302,100 Carrying Value of Assets Loaned or Pledged $ in millions At At Trading assets $ 37,782 $ 37,522 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 $ 884,657 $ 735,830 Collateral that was sold or repledged 1 685,820 553,386 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 $ 24,687 $ 20,670 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 $ 53,092 $ 45,644 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 8 to the financial statements in the 2023 Form 10-K. Also included in the amounts in the previous table is non-purpose securities-based lending on 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. Additionally, for certain secured financing transactions that meet applicable netting criteria, the Firm offset Other secured financing liabilities against financing receivables recorded within Trading assets in the amount of $1,074 million at September 30, 2024 and $3,472 million at December 31, 2023.

Loans, Lending Commitments and

Loans, Lending Commitments and Related Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,304 $ 9,094 $ 15,398 Secured lending facilities 45,728 3,612 49,340 Commercial real estate 8,688 154 8,842 Residential real estate 65,001 1 65,002 Securities-based lending and Other 93,395 1 93,396 Total loans 219,116 12,862 231,978 ACL (1,104) (1,104) Total loans, net $ 218,012 $ 12,862 $ 230,874 Loans to non-U.S. borrowers, net $ 23,319 $ 4,037 $ 27,356 At December 31, 2023 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,758 $ 11,862 $ 18,620 Secured lending facilities 39,498 3,161 42,659 Commercial real estate 8,678 209 8,887 Residential real estate 60,375 22 60,397 Securities-based lending and Other 89,245 1 89,246 Total loans 204,554 15,255 219,809 ACL (1,169) (1,169) Total loans, net $ 203,385 $ 15,255 $ 218,640 Loans to non-U.S. borrowers, net $ 21,152 $ 5,043 $ 26,195 For additional information on the Firm’s held-for-investment and held-for-sale loan portfolios, see Note 9 to the financial statements in the 2023 Form 10-K. Loans by Interest Rate Type At September 30, 2024 At December 31, 2023 $ in millions Fixed Rate Floating or Adjustable Rate Fixed Rate Floating or Adjustable Rate Corporate $ — $ 15,397 $ — $ 18,620 Secured lending facilities — 49,341 — 42,659 Commercial real estate 141 8,700 141 8,746 Residential real estate 30,492 34,510 28,934 31,464 Securities-based lending and Other 24,764 68,633 23,922 65,323 Total loans, before ACL $ 55,397 $ 176,581 $ 52,997 $ 166,812 See 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 Credit Quality and Origination Year At September 30, 2024 At December 31, 2023 Corporate $ in millions IG NIG Total IG NIG Total Revolving $ 2,083 $ 3,953 $ 6,036 $ 2,350 $ 3,863 $ 6,213 2024 53 12 65 2023 — 50 50 — 88 88 2022 — 28 28 — 166 166 2021 15 75 90 15 89 104 2020 9 26 35 29 25 54 Prior — — — — 133 133 Total $ 2,160 $ 4,144 $ 6,304 $ 2,394 $ 4,364 $ 6,758 At September 30, 2024 At December 31, 2023 Secured Lending Facilities $ in millions IG NIG Total IG NIG Total Revolving $ 10,512 $ 25,384 $ 35,896 $ 9,494 $ 22,240 $ 31,734 2024 818 2,474 3,292 2023 1,423 1,333 2,756 1,535 1,459 2,994 2022 286 2,243 2,529 392 2,390 2,782 2021 — 285 285 — 365 365 2020 — — — — 80 80 Prior 100 870 970 356 1,187 1,543 Total $ 13,139 $ 32,589 $ 45,728 $ 11,777 $ 27,721 $ 39,498 At September 30, 2024 At December 31, 2023 Commercial Real Estate $ in millions IG NIG Total IG NIG Total Revolving $ — $ 176 $ 176 $ — $ 170 $ 170 2024 112 1,699 1,811 2023 409 810 1,219 261 1,067 1,328 2022 245 1,855 2,100 284 1,900 2,184 2021 145 1,743 1,888 370 1,494 1,864 2020 — 430 430 — 756 756 Prior — 1,064 1,064 195 2,181 2,376 Total $ 911 $ 7,777 $ 8,688 $ 1,110 $ 7,568 $ 8,678 At September 30, 2024 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 126 $ 38 $ 5 $ 169 $ — $ 169 2024 6,403 1,151 117 6,935 736 7,671 2023 6,946 1,449 210 7,703 902 8,605 2022 10,444 2,346 375 12,125 1,040 13,165 2021 10,646 2,274 233 12,253 900 13,153 2020 6,591 1,363 99 7,640 413 8,053 Prior 10,848 2,932 405 13,161 1,024 14,185 Total $ 52,004 $ 11,553 $ 1,444 $ 59,986 $ 5,015 $ 65,001 At December 31, 2023 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 108 $ 33 $ 8 $ 149 $ — $ 149 2023 7,390 1,517 230 8,168 969 9,137 2022 10,927 2,424 389 12,650 1,090 13,740 2021 11,075 2,376 239 12,763 927 13,690 2020 6,916 1,430 104 8,017 433 8,450 Prior 11,642 3,131 436 14,106 1,103 15,209 Total $ 48,058 $ 10,911 $ 1,406 $ 55,853 $ 4,522 $ 60,375 At September 30, 2024 Securities-based lending 1 Other 2 $ in millions IG NIG Total Revolving $ 73,585 $ 6,672 $ 1,605 $ 81,862 2024 1,003 562 361 1,926 2023 962 434 656 2,052 2022 642 463 1,114 2,219 2021 100 103 483 686 2020 39 239 481 759 Prior 231 1,214 2,446 3,891 Total $ 76,562 $ 9,687 $ 7,146 $ 93,395 At December 31, 2023 Securities-based lending 1 Other 2 $ in millions IG NIG Total Revolving $ 71,474 $ 5,230 $ 1,362 $ 78,066 2023 1,612 627 346 2,585 2022 1,128 816 804 2,748 2021 165 330 377 872 2020 — 435 414 849 Prior 215 2,096 1,814 4,125 Total $ 74,594 $ 9,534 $ 5,117 $ 89,245 IG—Investment Grade NIG—Non-investment Grade 1. Securities-based loans are subject to collateral maintenance provisions, and at September 30, 2024 and December 31, 2023, 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 2023 Form 10-K. 2. Other loans primarily include certain loans originated in the tailored lending business within the Wealth Management business segment, which typically consist of bespoke lending arrangements provided to ultra-high worth net clients. These facilities are generally secured by eligible collateral. Past Due Loans Held for Investment before Allowance 1 $ in millions At September 30, 2024 At December 31, 2023 Corporate $ — $ 47 Commercial real estate 182 185 Residential real estate 147 160 Securities-based lending and Other 87 1 Total $ 416 $ 393 1. As of September 30, 2024, the majority of the amounts are 90 days or more past due. As of December 31, 2023, the majority of the amounts are past due for a period of less than 90 days. Nonaccrual Loans Held for Investment before Allowance 1 $ in millions At September 30, 2024 At December 31, 2023 Corporate $ 75 $ 95 Secured lending facilities 6 87 Commercial real estate 469 426 Residential real estate 119 95 Securities-based lending and Other 267 174 Total $ 936 $ 877 Nonaccrual loans without an ACL $ 200 $ 86 1. There were no loans held for investment that were 90 days or more past due and still accruing as of September 30, 2024 and December 31, 2023. For further information on the Firm’s nonaccrual policy, see Note 2 to the financial statements in the 2023 Form 10-K. See Note 2 to the financial statements in the 2023 Form 10-K for a description of the ACL calculated under the CECL methodology, including credit quality indicators, used for HFI loans. Loan Modifications to Borrowers Experiencing Financial Difficulty The Firm may modify the terms of certain loans for economic or legal reasons related to a borrower's financial difficulties, and these modifications include interest rate reductions, principal forgiveness, term extensions and other-than-insignificant payment delays or a combination of these aforementioned modifications. Modified loans are typically evaluated individually for allowance for credit losses. Modified Loans Held for Investment Period-end loans held for investment modified during the following periods 1 Three Months Ended September 30, 2024 2023 $ in millions Amortized Cost % of Total Loans 2 Amortized Cost % of Total Loans 2 Term Extension Corporate $ 30 0.5 % $ 82 1.1 % Commercial real estate 56 0.6 % 198 2.4 % Securities-based lending and Other 21 — % 105 0.1 % Total Modifications $ 107 — % $ 385 0.2 % Nine Months Ended September 30, 2024 2023 $ in millions Amortized Cost % of Total Loans 2 Amortized Cost % of Total Loans 2 Term Extension Corporate $ 136 2.2 % $ 114 1.6 % Commercial real estate 136 1.6 % 219 2.6 % Residential real estate — — % 1 — % Securities-based lending and Other 149 0.2 % 129 0.1 % Total $ 421 0.2 % $ 463 0.3 % Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay Commercial real estate $ — — % $ 40 0.5 % Residential real estate 1 — % — — % Total $ 1 — % $ 40 0.5 % Total Modifications $ 422 0.2 % $ 503 0.3 % 1. Lending commitments to borrowers for which the Firm has modified terms of the receivable, during the three months ended September 30, 2024 and 2023, were $212 million and $424 million, as of September 30, 2024 and September 30, 2023, respectively. Lending commitments to borrowers for which the Firm has modified terms of the receivable, during the nine months ended September 30, 2024 and 2023, were $676 million and $877 million, as of September 30, 2024 and September 30, 2023, respectively. 2. Percentage of total loans represents the percentage of modified loans to total loans held for investment by loan type. Financial Effect of Modifications on Loans Held for Investment Three Months Ended September 30, 2024 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 11 0 $ — — % Commercial real estate 27 0 — — % Securities-based lending and Other 12 0 — — % Three Months Ended September 30, 2023 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 23 0 $ — — % Commercial real estate 3 0 — — % Securities-based lending and Other 4 0 — — % Nine Months Ended September 30, 2024 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 23 0 $ — — % Commercial real estate 14 0 — — % Securities-based lending and Other 21 0 — — % Multiple Modifications - Term Extension and Interest Rate Reduction Residential real estate 120 0 $ — 1 % Nine Months Ended September 30, 2023 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 21 0 $ — — % Commercial real estate 3 0 — — % Residential real estate 4 0 — — % Securities-based lending and Other 8 0 — — % Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay Commercial real estate 7 6 $ — — % 1. In instances where more than one loan was modified, modification impact is presented on a weighted-average basis. Past Due Loans Held for Investment Modified in the Last 12 months At September 30, 2024 $ in millions 30-89 Days Past Due 90+ Days Total Commercial real estate $ — $ 67 $ 67 Securities-based lending and Other loans 42 — 42 Total $ 42 $ 67 $ 109 At September 30, 2023 $ in millions 30-89 Days Past Due 90+ days Total Commercial real estate $ 21 $ — $ 21 Residential real estate — 1 1 Total $ 21 $ 1 $ 22 At September 30, 2024, there was one commercial real estate loan held for investment with an amortized cost of $67 million that defaulted during the nine months ended September 30, 2024 that had been modified in the 12 month period prior to default. There were no loans held for investment that defaulted during the nine months ended September 30, 2023, that had been modified in the 12 month period prior. Provision for Credit Losses Three Months Ended September 30, Nine Months Ended September 30, $ in millions 2024 2023 2024 2023 Loans $ 18 $ 123 $ 81 $ 462 Lending commitments 61 11 68 67 Allowance for Credit Losses Rollforward and Allocation—Loans and Lending Commitments Nine Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total ACL—Loans Beginning balance $ 241 $ 153 $ 463 $ 100 $ 212 $ 1,169 Gross charge-offs (39) (11) (103) — (2) (155) Recoveries — — 4 — 3 7 Net (charge-offs) recoveries (39) (11) (99) — 1 (148) Provision (release) 24 (12) 44 (10) 35 81 Other 1 — 3 — (2) 2 Ending balance $ 227 $ 130 $ 411 $ 90 $ 246 $ 1,104 Percent of loans to total loans 1 3 % 21 % 4 % 30 % 42 % 100 % ACL—Lending commitments Beginning balance $ 431 $ 70 $ 26 $ 4 $ 20 $ 551 Provision (release) 41 19 9 — (1) 68 Other (1) 1 — — — — Ending balance $ 471 $ 90 $ 35 $ 4 $ 19 $ 619 Total ending balance $ 698 $ 220 $ 446 $ 94 $ 265 $ 1,723 Nine Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total ACL—Loans Beginning balance $ 235 $ 153 $ 275 $ 87 $ 89 $ 839 Gross charge-offs (30) — (108) — (3) (141) Recoveries — — — 1 — 1 Net (charge-offs) recoveries (30) — (108) 1 (3) (140) Provision (release) 44 2 261 22 133 462 Other (1) (1) (2) — — (4) Ending balance $ 248 $ 154 $ 426 $ 110 $ 219 $ 1,157 Percent of loans to total loans 1 4 % 19 % 4 % 28 % 45 % 100 % ACL—Lending commitments Beginning balance $ 411 $ 51 $ 15 $ 4 $ 23 $ 504 Provision (release) 29 24 12 — 2 67 Other (1) — (1) — — (2) Ending balance $ 439 $ 75 $ 26 $ 4 $ 25 $ 569 Total ending balance $ 687 $ 229 $ 452 $ 114 $ 244 $ 1,726 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. The allowance for credit losses for loans and lending commitments was relatively unchanged for the nine months ended September 30, 2024, reflecting provisions for certain specific commercial real estate and corporate loans and growth across certain loan portfolios, offset by charge-offs and improvements in the macroeconomic outlook. The base scenario used in our ACL models as of September 30, 2024 was generated using a combination of consensus economic forecasts, forward rates, and internally developed and validated models. This scenario assumes modest economic growth in 2024, followed by a gradual improvement in 2025 as well as lower interest rates relative to the prior quarter forecast. The ACL calculation incorporates key macroeconomic variables, including U.S. real GDP growth rate. The significance of key macroeconomic variables on the ACL calculation varies depending on portfolio composition and economic conditions. Other key macroeconomic variables used in the ACL calculation include corporate credit spreads, interest rates and commercial real estate indices. For a further discussion of the Firm’s loans as well as the Firm’s allowance methodology, refer to Notes 2 and 9 to the financial statements in the 2023 Form 10-K. Gross Charge-offs by Origination Year Three Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (39) $ — $ — $ — $ — $ (39) 2022 — — (18) — — (18) Prior — — (44) — — (44) Total $ (39) $ — $ (62) $ — $ — $ (101) Three Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total 2020 — — — — (1) (1) 2019 — — (39) — — (39) Total $ — $ — $ (39) $ — $ (1) $ (40) Nine Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (39) $ — $ — $ — $ — $ (39) 2022 — — (18) — — (18) 2021 — — — — (2) (2) 2020 — (11) — — — (11) Prior — — (85) — — (85) Total $ (39) $ (11) $ (103) $ — $ (2) $ (155) Nine Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (30) $ — $ — $ — $ — $ (30) 2020 — — — — (2) (2) 2019 — — (68) — (1) (69) Prior — — (40) — — (40) Total $ (30) $ — $ (108) $ — $ (3) $ (141) Selected Credit Ratios At At ACL for loans to total HFI loans 0.5 % 0.6 % Nonaccrual HFI loans to total HFI loans 0.4 % 0.4 % ACL for loans to nonaccrual HFI loans 117.9 % 133.3 % Employee Loans $ in millions At At Currently employed by the Firm 1 $ 4,182 $ 4,257 No longer employed by the Firm 2 86 92 Employee loans $ 4,268 $ 4,349 ACL (109) (121) Employee loans, net of ACL $ 4,159 $ 4,228 Remaining repayment term, weighted average in years 5.7 5.8 1. These loans are predominantly current. 2. These loans are predominantly past due for a period of 90 days or more. Employee loans are granted in conjunction with a program established primarily to recruit certain Wealth Management financial advisors, 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 2023 Form 10-K for a description of the CECL allowance methodology, including credit quality indicators, for employee loans.

Other Assets

Other Assets	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Other Assets	Other Assets Equity Method Investments $ in millions At At Investments $ 2,202 $ 1,915 Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Income (loss) $ 75 $ 19 $ 185 $ 105 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Income (loss) from investment in MUMSS $ 52 $ 10 $ 128 $ 102 For more information on MUMSS and other relationships with MUFG, see Note 11 to the financial statements in the 2023 Form 10-K. Tax Equity Investments The Firm invests in tax equity investment interests which entitle the Firm to a share of tax credits and other income tax benefits generated by the projects underlying the investments. Effective January 1, 2024, the Firm made an election to account for certain renewable energy and other tax equity investments programs using the proportional amortization method under newly adopted accounting guidance. Tax Equity Investments under the Proportional Amortization Method $ in millions At At Low-income housing 1 $ 1,790 $ 1,699 Renewable energy and other 2 29 — Total 3 $ 1,819 $ 1,699 1. Amounts include unfunded equity contributions of $620 million and $661 million as of September 30, 2024 and December 31, 2023, respectively. The corresponding liabilities for the commitments to fund these equity contributions are recorded in Other liabilities and accrued expenses. The majority of these commitments are expected to be funded within 5 years. 2. Prior to adoption of the Investments - Tax Credit Structures accounting update on January 1, 2024, Renewable energy and other investments were accounted for under the equity method. 3. At September 30, 2024, this amount excludes $48 million of tax equity investments within programs for which the Firm elected the proportional amortization method that do not meet the conditions to apply the proportional amortization method, which are accounted for as equity method investments. Income tax credits and other income tax benefits recognized as well as proportional amortization are included in the Provision for income taxes line in the consolidated income statement and in the Depreciation and amortization line in the consolidated cash flow statement. Net Benefits Attributable to Tax Equity Investments under the Proportional Amortization Method Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Income tax credits and other income tax benefits $ 74 $ 60 $ 227 $ 184 Proportional amortization (59) (49) (177) (148) Net benefits $ 15 $ 11 $ 50 $ 36

Deposits

Deposits	9 Months Ended
	Sep. 30, 2024
Deposits [Abstract]
Deposits	Deposits Deposits $ in millions At At Savings and demand deposits $ 285,849 $ 288,252 Time deposits 77,873 63,552 Total $ 363,722 $ 351,804 Deposits subject to FDIC insurance $ 290,565 $ 276,598 Deposits not subject to FDIC insurance $ 73,157 $ 75,206 Time Deposit Maturities $ in millions At 2024 $ 10,698 2025 32,435 2026 15,553 2027 9,143 2028 5,830 Thereafter 4,214 Total $ 77,873

Borrowings and Other Secured Fi

Borrowings and Other Secured Financings	9 Months Ended
	Sep. 30, 2024
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 $ 6,957 $ 3,188 Original maturities greater than one year Senior $ 277,087 $ 248,174 Subordinated 14,136 12,370 Total greater than one year $ 291,223 $ 260,544 Total $ 298,180 $ 263,732 Weighted average stated maturity, in years 1 6.5 6.6 1. Only includes borrowings with original maturities greater than one year. Other Secured Financings $ in millions At At Original maturities: One year or less $ 13,857 $ 5,732 Greater than one year 4,286 6,923 Total $ 18,143 $ 12,655 Transfers of assets accounted for as secured financings $ 9,419 $ 5,848 Other 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	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments, Guarantees and Contingencies	Commitments, Guarantees and Contingencies Commitments Years to Maturity at September 30, 2024 $ in millions Less than 1 1-3 3-5 Over 5 Total Lending: Corporate $ 17,694 $ 41,246 $ 63,961 $ 4,243 $ 127,144 Secured lending facilities 6,642 7,054 5,207 3,445 22,348 Commercial and Residential real estate 262 476 123 390 1,251 Securities-based lending and Other 16,532 2,086 485 455 19,558 Forward-starting secured financing receivables 1 140,981 1,041 — — 142,022 Central counterparty 300 — — 17,406 17,706 Underwriting 775 — — — 775 Investment activities 1,752 90 88 461 2,391 Letters of credit and other financial guarantees 29 16 — 7 52 Total $ 184,967 $ 52,009 $ 69,864 $ 26,407 $ 333,247 Lending commitments participated to third parties $ 9,967 1. These amounts primarily include secured financing receivables yet to settle as of September 30, 2024, with settlement generally occurring within three business days. These amounts also include commitments to enter into certain collateralized financing transactions. 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 14 to the financial statements in the 2023 Form 10-K. Guarantees At September 30, 2024 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 $ 1,383,450 $ 786,666 $ 178,523 $ 488,219 $ (28,344) Standby letters of credit and other financial guarantees issued 2,3 1,749 1,002 1,097 2,692 9 Liquidity facilities 2,347 — — — 2 Whole loan sales guarantees 9 78 — 23,071 — Securitization representations and warranties 4 — — — 85,252 — General partner guarantees 171 32 133 30 (95) Client clearing guarantees 290 — — — — 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 $0.6 billion of notional and collateral/recourse, due to the nature of the Firm’s obligations under these arrangements. 3. As of September 30, 2024, the carrying amount of standby letters of credit and other financial guarantees issued includes an allowance for credit losses of $58 million. 4. 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 14 to the financial statements in the 2023 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 14 to the financial statements in the 2023 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 matters 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 third-party entities that are, or would otherwise be, the primary defendants in such cases are bankrupt, in financial distress, or may not honor applicable indemnification obligations. These actions have included, but are not limited to, antitrust claims, claims under various false claims act statutes, and matters arising from our wealth management businesses, sales and trading businesses, and our activities in the capital markets. The Firm is also involved, from time to time, in other reviews, investigations and proceedings (both formal and informal) by governmental or other regulatory agencies regarding the Firm’s business, and involving, among other matters, sales, trading, financing, prime brokerage, market-making activities, investment banking advisory services, capital markets activities, financial products or offerings sponsored, underwritten or sold by the Firm, wealth and investment management services, and accounting and operational matters, certain of which may result in adverse judgments, settlements, fines, penalties, disgorgement, restitution, forfeiture, injunctions, limitations on our ability to conduct certain business, or other relief. The Firm contests liability and/or the amount of damages as appropriate in each pending matter. Where available information indicates that it is probable a liability had been incurred at the date of the financial statements and the Firm can reasonably estimate the amount of that loss or the range of loss, the Firm accrues an estimated loss by a charge to income, including with respect to certain of the individual proceedings or investigations described below. Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Legal expenses $ 24 $ 18 $ 10 $ 214 The Firm’s legal expenses can, and may in the future, fluctuate from period to period, given the current environment regarding government or regulatory agency investigations and private litigation affecting global financial services firms, including the Firm. In many legal proceedings and investigations, it is inherently difficult to determine whether any loss is probable or reasonably possible, or to estimate the amount of any loss. In addition, even where the Firm has determined that a loss is probable or reasonably possible or an exposure to loss or range of loss exists in excess of the liability already accrued with respect to a previously recognized loss contingency, the Firm may be unable to reasonably estimate the amount of the loss or range of loss. It is particularly difficult to determine if a loss is probable or reasonably possible, or to estimate the amount of loss, where the factual record is being developed or contested or where plaintiffs or government entities seek substantial or indeterminate damages, restitution, forfeiture, disgorgement or penalties. Numerous issues may need to be resolved in an investigation or proceeding before a determination can be made that a loss or additional loss (or range of loss or range of additional loss) is probable or reasonably possible, or to estimate the amount of loss, including through potentially lengthy discovery or determination of important factual matters, determination of issues related to class certification, the calculation of damages or other relief, and consideration of novel or unsettled legal questions relevant to the proceedings or investigations in question. The Firm has identified below any individual proceedings or investigations where the Firm believes a material loss to be reasonably possible. In certain legal proceedings in which the Firm has determined that a material loss is reasonably possible, the Firm is unable to reasonably estimate the loss or range of loss. There are other matters in which the Firm has determined a loss or range of loss to be reasonably possible, but the Firm 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, although the outcome of such proceedings or investigations may significantly impact the Firm’s business or results of operations for any particular reporting period, or cause significant reputational harm. While the Firm has identified below certain proceedings or investigations that the Firm believes to be material, individually or collectively, 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 reasonably possible. Antitrust Related Matters The Firm and other financial institutions are responding to a number of governmental investigations and civil litigation matters related to allegations of anticompetitive conduct in various aspects of the financial services industry, including the matters described below. Beginning in February of 2016, the Firm was named as a defendant in multiple purported antitrust class actions now consolidated into a single proceeding in the United States District Court for the Southern District of New York (“SDNY”) styled In Re: Interest Rate Swaps Antitrust Litigation . Plaintiffs allege, inter alia, that the Firm, together with a number of other financial institution defendants, violated U.S. and New York state antitrust laws from 2008 through December of 2016 in connection with their alleged efforts to prevent the development of electronic exchange-based platforms for interest rate swaps trading. Complaints were filed both on behalf of a purported class of investors who purchased interest rate swaps from defendants, as well as on behalf of three operators of swap execution facilities that allegedly were thwarted by the defendants in their efforts to develop such platforms. The consolidated complaints seek, among other relief, certification of the investor class of plaintiffs and treble damages. On July 28, 2017, the court granted in part and denied in part the defendants’ motion to dismiss the complaints. On December 15, 2023, the court denied the class plaintiffs’ motion for class certification. On December 29, 2023, the class plaintiffs petitioned the United States Court of Appeals for the Second Circuit for leave to appeal that decision. On February 28, 2024, the parties reached an agreement in principle to settle the class claims. On July 11, 2024, the court granted preliminary approval of the settlement. In August of 2017, the Firm was named as a defendant in a purported antitrust class action in the United States District Court for the SDNY styled Iowa Public Employees’ Retirement System et al. v. Bank of America Corporation et al. Plaintiffs allege, inter alia, that the Firm, together with a number of other financial institution defendants, violated U.S. antitrust laws and New York state law in connection with their alleged efforts to prevent the development of electronic exchange-based platforms for securities lending. The class action complaint was filed on behalf of a purported class of borrowers and lenders who entered into stock loan transactions with the defendants. The class action complaint seeks, among other relief, certification of the class of plaintiffs and treble damages. On September 27, 2018, the court denied the defendants’ motion to dismiss the class action complaint. Plaintiffs’ motion for class certification was referred by the District Court to a magistrate judge who, on June 30, 2022, issued a report and recommendation that the District Court certify a class. On May 20, 2023, the Firm reached an agreement in principle to settle the litigation. On September 11, 2024, the court granted final approval of the settlement. The Firm is a defendant in three antitrust class action complaints which have been consolidated into one proceeding in the United States District Court for the SDNY under the caption City of Philadelphia, et al. v. Bank of America Corporation, et al. Plaintiffs allege, inter alia, that the Firm, along with a number of other financial institution defendants, violated U.S. antitrust laws and relevant state laws in connection with alleged efforts to artificially inflate interest rates for Variable Rate Demand Obligations (“VRDO”). Plaintiffs seek, among other relief, treble damages. The class action complaint was filed on behalf of a class of municipal issuers of VRDO for which defendants served as remarketing agent. On November 2, 2020, the court granted in part and denied in part the defendants’ motion to dismiss the consolidated complaint, dismissing state law claims, but denying dismissal of the U.S. antitrust claims. On September 21, 2023, the court granted plaintiffs’ motion for class certification. On October 5, 2023, defendants petitioned the United States Court of Appeals for the Second Circuit for leave to appeal that decision, which was granted on February 5, 2024. European Matters 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 $138 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 January 19, 2024, the Dutch High Court granted the Firm’s appeal in matters re-styled Case number 20/01884 and referred the case to the Court of Appeal in The Hague. 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 for 2007 to 2012. The Dutch criminal authorities have requested additional information, and the Firm is continuing to respond to them in connection with their ongoing investigation. Danish Underwriting Matter On October 5, 2017, various institutional investors filed a claim against the Firm and another bank in a matter now styled Case number B-803-18 (previously BS 99-6998/2017 ), in the City Court of Copenhagen, Denmark concerning their roles as underwriters of the initial public offering (“IPO”) in March 2014 of the Danish company OW Bunker A/S. The claim seeks damages of approximately DKK529 million (approximately $79 million) plus interest in respect of alleged losses arising from investing in shares in OW Bunker, which entered into bankruptcy in November 2014. Separately, on November 29, 2017, another group of institutional investors joined the Firm and another bank as defendants to pending proceedings in the High Court of Eastern Denmark against various other parties involved in the IPO in a matter styled Case number B-2073-16 . The claim brought against the Firm and the other bank has been given its own Case number B-2564-17 . The investors claim damages of approximately DKK767 million (approximately $115 million) plus interest from the Firm and the other bank on a joint and several basis with the defendants to these proceedings. Both claims are based on alleged prospectus liability; the second claim also alleges professional liability of banks acting as financial intermediaries. On June 8, 2018, the City Court of Copenhagen, Denmark ordered that the matters now styled Case number B-803-18 , Case number B-2073-16 , and Case number B-2564-17 (“the Cases”) be heard together before the High Court of Eastern Denmark. On July 1, 2024, defendants reached a conditional settlement agreement with the plaintiffs in the Cases. A conditional settlement agreement was reached in an additional related claim to which the Firm is not a party but which formed part of the complex of cases proceeding before the High Court of Eastern Denmark in connection with the bankruptcy of OW Bunker ( Case number B-407-17 ). The conditional settlement agreements were conditioned upon approval of the settlement of Case number B-407-17 by the 14th Division of the Danish Court of Appeal Eastern Division. Approval was granted on August 26, 2024, and the settlement agreements are now final. U.K. Government Bond Matter The Firm is engaging with the U.K. Competition and Markets Authority in connection with its investigation of suspected anti-competitive arrangements in the financial services sector, specifically regarding the Firm's activities concerning certain liquid fixed income products between 2009 and 2012. On May 24, 2023, the U.K. Competition and Markets Authority issued a Statement of Objections setting out its provisional findings that the Firm had breached U.K. competition law by sharing competitively sensitive information in connection with gilts and gilt asset swaps between 2009 and 2012. The Firm is contesting the provisional findings. Separately, on June 16, 2023, the Firm was named as a defendant in a purported antitrust class action in the United States District Court for the SDNY styled Oklahoma Firefighters Pension and Retirement System v. Deutsche Bank Aktiengesellschaft, et al. , alleging, inter alia, that the Firm, together with a number of other financial institution defendants, violated U.S. antitrust laws in connection with their alleged effort to fix prices of gilts traded in the United States between 2009 and 2013. The class action complaint seeks, among other relief, certification of the class of plaintiffs and treble damages. On September 28, 2023, the defendants filed a joint motion to dismiss the complaint. On September 16, 2024, the joint motion to dismiss was granted, and the complaint was dismissed without prejudice. On October 15, 2024, the Firm reached an agreement in principle to settle the U.S. litigation. Other On August 13, 2021, the plaintiff in Camelot Event Driven Fund, a Series of Frank Funds Trust v. Morgan Stanley & Co. LLC, et al. filed in the Supreme Court of the State of New York, New York County (“Supreme Court of NY”) a purported class action complaint alleging violations of the federal securities laws against ViacomCBS (“Viacom”), certain of its officers and directors, and the underwriters, including the Firm, of two March 2021 Viacom offerings: a $1.7 billion Viacom Class B Common Stock offering and a $1 billion offering of 5.75% Series A Mandatory Convertible Preferred Stock (collectively, the “Offerings”). The complaint alleges, inter alia, that the Viacom offering documents for both issuances contained material misrepresentations and omissions because they did not disclose that certain of the underwriters, including the Firm, had prime brokerage relationships and/or served as counterparties to certain derivative transactions with Archegos Capital Management LP (“Archegos”), a fund with significant exposure to Viacom securities across multiple prime brokers. The complaint, which seeks, among other things, unspecified compensatory damages, alleges that the offering documents contained material misrepresentations and did not adequately disclose the risks associated with Archegos’s concentrated Viacom positions at the various prime brokers, including that the unwind of those positions could have a deleterious impact on the stock price of Viacom. On November 5, 2021, the complaint was amended to add allegations that defendants failed to disclose that certain underwriters, including the Firm, had intended to unwind Archegos’s Viacom positions while simultaneously distributing the Offerings. On February 6, 2023, the court issued a decision denying the motions to dismiss as to the Firm and the other underwriters, but granted the motion to dismiss as to Viacom and the Viacom individual defendants. On February 15, 2023, the underwriters, including the Firm, filed their notices of appeal of the denial of their motions to dismiss. On March 10, 2023, the plaintiff appealed the dismissal of Viacom and the individual Viacom defendants. On April 4, 2024, the Appellate Division upheld the lower court’s decision as to the Firm and other underwriter defendants that had prime brokerage relationships and/or served as counterparties to certain derivative transactions with Archegos, dismissed the remaining underwriters, and upheld the dismissal of Viacom and its officers and directors. On July 25, 2024, the Appellate Division denied the plaintiff’s and the Firm’s respective motions for leave to reargue or appeal the April 4, 2024 decision. On January 4, 2024, the court granted the plaintiff’s motion for class certification. On February 14, 2024, the defendants filed their notice of appeal of the court’s grant of class certification. On May 17, 2013, the plaintiff in IKB International S.A. in Liquidation, et al. v. Morgan Stanley, et al. filed a complaint against the Firm and certain affiliates in the Supreme Court of NY. The complaint alleges that defendants made material misrepresentations and omissions in the sale to the plaintiff of certain mortgage pass-through certificates backed by securitization trusts containing residential mortgage loans. The total amount of certificates allegedly sponsored, underwritten and/or sold by the Firm to the plaintiff was approximately $133 million. The complaint alleges causes of action against the Firm for common law fraud, fraudulent concealment, aiding and abetting fraud, and negligent misrepresentation, and seeks, among other things, compensatory and punitive damages. On October 29, 2014, the court granted in part and denied in part the Firm’s motion to dismiss. All claims regarding four certificates were dismissed. After these dismissals, the remaining amount of certificates allegedly issued by the Firm or sold to the plaintiff by the Firm was approximately $116 million. On August 11, 2016, the Appellate Division affirmed the trial court’s order denying in part the Firm’s motion to dismiss the complaint. On July 15, 2022, the Firm filed a motion for summary judgment on all remaining claims. On March 1, 2023, the court granted in part and denied in part the Firm’s motion for summary judgment, narrowing the alleged misrepresentations at issue in the case. On March 26, 2024, the Appellate Division affirmed the trial court’s summary judgment order. On August 27, 2024, the plaintiff notified the court that in light of the court’s rulings to exclude certain evidence at trial, the plaintiff could not prove its claims at trial, and requested that the court dismiss the case, subject to its right to appeal the evidentiary rulings. On August 28, 2024, the court dismissed the case, and judgment was entered in the Firm’s favor. The plaintiff has filed notices of appeal. The Firm has been named in three putative class actions regarding cash sweep programs for retail clients. On February 1, 2024, E*TRADE Securities LLC (“E*TRADE Securities”) and Morgan Stanley Smith Barney LLC (“MSSB”) were named in Burmin, et al. v. E*TRADE Securities LLC, et al. , filed in the United States District Court for the District of New Jersey, alleging that, from February 2018 to present, E*TRADE Securities (and post-merger MSSB) breached customer agreements by failing to pay a reasonable rate of interest to Individual Retirement Account holders on cash balances swept to the affiliate bank deposit program. A motion to dismiss is pending. On June 14, 2024, MSSB and other Firm entities were named in Estate of Sherlip, et al. v. Morgan Stanley, et al. (“ Sherlip ”) and, on October 11, 2024, were named in Safron Capital Corp., et al. v. Morgan Stanley, et al. (“ Safron ”). On October 9, 2024, plaintiffs in Sherlip amended their complaint. Sherlip and Safron were filed in the United States District Court for the SDNY, alleging that the defendants failed to pay a reasonable rate of interest to account holders on cash balances swept to the affiliate bank deposit program. Plaintiffs in both cases allege violations of statutory, contractual and common law duties as well as unjust enrichment. The plaintiff in Safron also alleges violation of Section 349 of New York's General Business law and civil violation of the federal Racketeer Influenced and Corrupt Organizations Act. Together, the complaints seek, among other relief, certification of a class of plaintiffs, unspecified compensatory damages, equitable and injunctive relief and treble damages.

Variable Interest Entities and

Variable Interest Entities and Securitization Activities	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 At December 31, 2023 $ in millions VIE Assets VIE Liabilities VIE Assets VIE Liabilities MABS 1 $ 759 $ 265 $ 597 $ 256 Investment vehicles 2 775 573 753 502 MTOB 681 630 582 520 Other 292 98 378 97 Total $ 2,507 $ 1,566 $ 2,310 $ 1,375 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. 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 $ 105 $ 164 Trading assets at fair value 2,061 1,557 Investment securities 287 492 Securities purchased under agreements to resell 33 67 Customer and other receivables 19 26 Other assets 2 4 Total $ 2,507 $ 2,310 Liabilities Other secured financings $ 1,382 $ 1,222 Other liabilities and accrued expenses 119 121 Borrowings 65 32 Total $ 1,566 $ 1,375 Noncontrolling interests $ 52 $ 54 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 September 30, 2024 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 169,011 $ 5,193 $ 3,529 $ 3,942 $ 75,964 Maximum exposure to loss 3 Debt and equity interests $ 26,255 $ 307 $ — $ 2,441 $ 10,822 Derivative and other contracts — — 2,347 — 4,899 Commitments, guarantees and other 6,784 — — — 173 Total $ 33,039 $ 307 $ 2,347 $ 2,441 $ 15,894 Carrying value of variable interests—Assets Debt and equity interests $ 26,255 $ 307 $ — $ 1,952 $ 10,791 Derivative and other contracts — — 5 — 1,524 Total $ 26,255 $ 307 $ 5 $ 1,952 $ 12,315 Additional VIE assets owned 4 $ 15,894 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 3 $ — $ 448 Total $ — $ — $ 3 $ — $ 448 At December 31, 2023 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 144,906 $ 1,526 $ 3,152 $ 3,102 $ 50,052 Maximum exposure to loss 3 Debt and equity interests $ 21,203 $ 52 $ — $ 2,049 $ 9,076 Derivative and other contracts — — 2,092 — 4,452 Commitments, guarantees and other 3,439 — — — 55 Total $ 24,642 $ 52 $ 2,092 $ 2,049 $ 13,583 Carrying value of variable interests – Assets Debt and equity interests $ 21,203 $ 52 $ — $ 1,682 $ 9,075 Derivative and other contracts — — 2 — 1,330 Total $ 21,203 $ 52 $ 2 $ 1,682 $ 10,405 Additional VIE assets owned 4 $ 15,002 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 3 $ — $ 452 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 previous tables include VIEs sponsored by unrelated parties, as well as VIEs sponsored by the Firm; 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 September 30, 2024 At December 31, 2023 $ in millions UPB Debt and Equity Interests UPB Debt and Equity Interests Residential mortgages $ 18,547 $ 2,984 $ 17,346 $ 3,355 Commercial mortgages 77,915 8,937 74,590 8,342 U.S. agency collateralized mortgage obligations 42,255 6,371 42,917 6,675 Other consumer or commercial loans 30,294 7,963 10,053 2,831 Total $ 169,011 $ 26,255 $ 144,906 $ 21,203 Transferred Assets with Continuing Involvement At September 30, 2024 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2,3 $ 5,968 $ 75,286 $ 19,432 $ 13,153 Retained interests Investment grade $ 184 $ 542 $ 945 $ — Non-investment grade 134 898 — 55 Total $ 318 $ 1,440 $ 945 $ 55 Interests purchased in the secondary market 3 Investment grade $ 81 $ 17 $ 74 $ — Non-investment grade 6 21 — — Total $ 87 $ 38 $ 74 $ — Derivative assets $ — $ — $ — $ 1,326 Derivative liabilities — — — 374 At December 31, 2023 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2,3 $ 4,333 $ 73,818 $ 12,083 $ 12,438 Retained interests Investment grade $ 149 $ 653 $ 460 $ — Non-investment grade 83 788 — 69 Total $ 232 $ 1,441 $ 460 $ 69 Interests purchased in the secondary market 3 Investment grade $ 20 $ 22 $ 42 $ — Non-investment grade — 16 — — Total $ 20 $ 38 $ 42 $ — Derivative assets $ — $ — $ — $ 1,073 Derivative liabilities — — — 426 Fair Value At September 30, 2024 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 1,053 $ — $ 1,053 Non-investment grade 11 73 84 Total $ 1,064 $ 73 $ 1,137 Interests purchased in the secondary market 3 Investment grade $ 169 $ 3 $ 172 Non-investment grade 17 10 27 Total $ 186 $ 13 $ 199 Derivative assets $ 1,326 $ — $ 1,326 Derivative liabilities 374 — 374 Fair Value at December 31, 2023 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 576 $ — $ 576 Non-investment grade 10 56 66 Total $ 586 $ 56 $ 642 Interests purchased in the secondary market 3 Investment grade $ 77 $ 7 $ 84 Non-investment grade 12 4 16 Total $ 89 $ 11 $ 100 Derivative assets $ 1,073 $ — $ 1,073 Derivative liabilities 426 — 426 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. 3. Amounts include transactions where the Firm also holds retained interests as part of the transfer. 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. Certain retained interests are 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 2023 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 Nine Months Ended $ in millions 2024 2023 2024 2023 New transactions 1 $ 7,562 $ 9,132 $ 24,160 $ 15,257 Retained interests 850 115 5,041 2,767 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. 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 $ 79,720 $ 60,766 Fair value Assets sold $ 81,720 $ 62,221 Derivative assets recognized in the balance sheet 2,194 1,546 Derivative liabilities recognized in the balance sheet 194 93 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 15 to the financial statements in the 2023 Form 10-K.

Regulatory Requirements

Regulatory Requirements	9 Months Ended
	Sep. 30, 2024
Broker-Dealer [Abstract]
Regulatory Requirements	Regulatory Requirements Regulatory Capital Framework and Requirements For a discussion of the Firm’s regulatory capital framework, see Note 16 to the financial statements in the 2023 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 (“CET1”) 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 September 30, 2024 and December 31, 2023, the differences between the actual and required ratios were lower under the Standardized Approach. CECL Deferral. Beginning on January 1, 2020, the Firm elected to defer the effect of the adoption of CECL on its risk-based and leverage-based capital amounts and ratios, as well as RWA, adjusted average assets and supplementary leverage exposure calculations, over a five-year transition period. The deferral impacts began to phase in at 25% per year from January 1, 2022 and are phased-in at 75% from January 1, 2024. The deferral impacts will become fully phased-in beginning on January 1, 2025. Capital Buffer Requirements At September 30, 2024 and December 31, 2023 Standardized Advanced Capital buffers Capital conservation buffer — 2.5% SCB 5.4% N/A G-SIB capital surcharge 3.0% 3.0% CCyB 1 0% 0% Capital buffer requirement 8.4% 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 capital buffer requirement computed under the standardized approaches for calculating credit risk and market risk RWA (“Standardized Approach”) is equal to the sum of the SCB, G-SIB capital surcharge and CCyB, and the capital buffer requirement computed under the applicable advanced approaches for calculating credit risk, market risk and operational risk RWA (“Advanced Approach”) is equal to the sum of the 2.5% capital conservation buffer, G-SIB capital surcharge and CCyB. Risk-Based Regulatory Capital Ratio Requirements Regulatory Minimum At September 30, 2024 and December 31, 2023 Standardized Advanced Required ratios 1 CET1 capital ratio 4.5 % 12.9% 10.0% Tier 1 capital ratio 6.0 % 14.4% 11.5% Total capital ratio 8.0 % 16.4% 13.5% 1. Required ratios represent the regulatory minimum plus the capital buffer requirement. The Firm’s Regulatory Capital and Capital Ratios Risk-based capital Standardized $ in millions At September 30, 2024 At December 31, 2023 Risk-based capital CET1 capital $ 73,906 $ 69,448 Tier 1 capital 83,744 78,183 Total capital 95,301 88,874 Total RWA 490,293 456,053 Risk-based capital ratio CET1 capital 15.1 % 15.2 % Tier 1 capital 17.1 % 17.1 % Total capital 19.4 % 19.5 % Required ratio 1 CET1 capital 12.9 % 12.9 % Tier 1 capital 14.4 % 14.4 % Total capital 16.4 % 16.4 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. Leveraged-based capital $ in millions At September 30, 2024 At December 31, 2023 Leveraged-based capital Adjusted average assets 1 $ 1,218,361 $ 1,159,626 Supplementary leverage exposure 2 1,517,290 1,429,552 Leveraged-based capital ratio Tier 1 leverage 6.9 % 6.7 % SLR 5.5 % 5.5 % Required ratio 3 Tier 1 leverage 4.0 % 4.0 % SLR 5.0 % 5.0 % 1. 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 our own capital instruments, certain deferred tax assets and other capital deductions. 2. 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. 3. Required ratios are inclusive of any buffers applicable as of the date presented. U.S. Bank Subsidiaries’ Regulatory Capital and Capital Ratios The OCC establishes capital requirements for the 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 September 30, 2024 and December 31, 2023, MSBNA and MSPBNA risk-based capital ratios are based on the Standardized Approach rules. Beginning on January 1, 2020, MSBNA and MSPBNA elected to defer the effect of the adoption of CECL on risk-based capital amounts and ratios, as well as RWA, adjusted average assets and supplementary leverage exposure calculations, over a five-year transition period. The deferral impacts began to phase in at 25% per year from January 1, 2022 and are phased-in at 75% from January 1, 2024. The deferral impacts will become fully phased-in beginning on January 1, 2025. MSBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At September 30, 2024 At December 31, 2023 $ in millions Amount Ratio Amount Ratio Risk-based capital CET1 capital 6.5 % 7.0 % $ 24,752 23.0 % $ 21,925 21.7 % Tier 1 capital 8.0 % 8.5 % 24,752 23.0 % 21,925 21.7 % Total capital 10.0 % 10.5 % 25,607 23.8 % 22,833 22.6 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 24,752 11.3 % $ 21,925 10.6 % SLR 6.0 % 3.0 % 24,752 8.6 % 21,925 8.2 % MSPBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At September 30, 2024 At December 31, 2023 $ in millions Amount Ratio Amount Ratio Risk-based capital CET1 capital 6.5 % 7.0 % $ 17,177 27.3 % $ 15,388 25.8 % Tier 1 capital 8.0 % 8.5 % 17,177 27.3 % 15,388 25.8 % Total capital 10.0 % 10.5 % 17,496 27.8 % 15,675 26.3 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 17,177 8.3 % $ 15,388 7.5 % SLR 6.0 % 3.0 % 17,177 8.0 % 15,388 7.2 % 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. Additionally, MSBNA is conditionally registered with the SEC as a security-based swap dealer and is 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 the OCC. Other Regulatory Capital Requirements MS&Co. Regulatory Capital $ in millions At September 30, At December 31, Net capital $ 17,160 $ 18,121 Excess net capital 12,342 13,676 MS&Co. is registered as a broker-dealer and a futures commission merchant with the SEC and the CFTC, respectively, and is 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 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 September 30, 2024 and December 31, 2023, MS&Co. exceeded its net capital requirement and had tentative net capital in excess of the minimum and notification requirements. Other Regulated Subsidiaries Certain other subsidiaries are also subject to various regulatory capital requirements. Such subsidiaries include the following, each of which operated with capital in excess of their respective regulatory capital requirements as of September 30, 2024 and December 31, 2023, as applicable: • MSSB, • MSIP, • MSESE, • MSMS, • MSCS, and • MSCG See Note 16 to the financial statements in the 2023 Form 10-K for further information.

Total Equity

Total Equity	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Total Equity	Total Equity Preferred Stock Shares Outstanding Carrying Value $ in millions, except per share data At Liquidation 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 P 40,000 25,000 1,000 1,000 Q 40,000 25,000 1,000 — Total $ 9,750 $ 8,750 Shares authorized 30,000,000 1. Series C preferred stock is held by MUFG. For a description of Series A through Series P preferred stock, see Note 17 to the financial statements in the 2023 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 September 30, Nine Months Ended September 30, $ in millions 2024 2023 2024 2023 Repurchases of common stock under the Firm’s Share Repurchase Authorization $ 750 $ 1,500 $ 2,500 $ 4,000 On June 28, 2024, the Firm announced that its Board of Directors reauthorized a multi-year repurchase program of up to $20 billion of outstanding common stock, without a set expiration date, beginning in the third quarter of 2024, which will be exercised from time to time as conditions warrant. For more information on share repurchases, see Note 17 to the financial statements in the 2023 Form 10-K. On July 30, 2024, the Firm issued 40 million depositary shares of Series Q Preferred Stock, for an aggregate price of $1.0 billion. Each depositary share represents a 1/1000th interest in a share of 6.625% Non-Cumulative Preferred Stock, Series Q, $0.01 par value (“Series Q Preferred Stock”). The Series Q Preferred Stock is redeemable at the Firm’s option, (i) in whole or in part, from time to time, on any dividend payment date on or after October 15, 2029 or (ii) in whole but not in part at any time within 90 days following a regulatory capital treatment event (as described in the terms of this series), in each case at a redemption price of $25,000 per share (equivalent to $25 per depositary share). The Series Q Preferred Stock also has a preference over the Firm’s common stock upon liquidation and qualifies as Tier 1 capital. Common Shares Outstanding for Basic and Diluted EPS Three Months Ended Nine Months Ended in millions 2024 2023 2024 2023 Weighted average common shares outstanding, basic 1,588 1,624 1,594 1,635 Effect of dilutive RSUs and PSUs 21 19 18 18 Weighted average common shares outstanding and common stock equivalents, diluted 1,609 1,643 1,612 1,653 Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) — — — 3 Dividends $ in millions, except per Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 400 $ 17 $ 396 $ 17 C 25 13 25 13 E 455 16 445 15 F 439 15 430 15 I 398 16 398 16 K 366 15 366 15 L 305 6 305 6 M 2 30 12 29 12 N 3 2,215 6 2,226 7 O 266 13 266 14 P 406 17 406 16 Q 345 14 — — Total Preferred stock $ 160 $ 146 Common stock $ 0.925 $ 1,492 $ 0.850 $ 1,404 $ in millions, except per Nine Months Ended Nine Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 1,190 $ 52 $ 1,116 $ 49 C 75 39 75 39 E 1,351 47 1,336 46 F 1,308 44 1,289 44 I 1,195 48 1,195 48 K 1,097 44 1,097 44 L 914 18 914 18 M 2 59 24 59 24 N 3 6,726 20 6,928 21 O 797 41 797 41 P 1,219 49 1,219 49 Q 345 14 — — Total Preferred stock $ 440 $ 423 Common stock $ 2.625 $ 4,259 $ 2.400 $ 4,001 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 3. Series N was payable semiannually until March 15, 2023 and thereafter is payable quarterly. Accumulated Other Comprehensive Income (Loss) 1 $ in millions CTA AFS Securities Pension and Other DVA Cash Flow Hedges Total June 30, 2024 $ (1,355) $ (2,917) $ (582) $ (1,894) $ (12) $ (6,760) OCI during the period 184 723 3 (170) 34 774 September 30, 2024 $ (1,171) $ (2,194) $ (579) $ (2,064) $ 22 $ (5,986) June 30, 2023 $ (1,199) $ (3,701) $ (510) $ (873) $ (17) $ (6,300) OCI during the period (120) (366) (1) (412) (3) (902) September 30, 2023 $ (1,319) $ (4,067) $ (511) $ (1,285) $ (20) $ (7,202) December 31, 2023 $ (1,153) $ (3,094) $ (595) $ (1,595) $ 16 $ (6,421) OCI during the period (18) 900 16 (469) 6 435 September 30, 2024 $ (1,171) $ (2,194) $ (579) $ (2,064) $ 22 $ (5,986) December 31, 2022 $ (1,204) $ (4,192) $ (508) $ (345) $ (4) $ (6,253) OCI during the period (115) 125 (3) (940) (16) (949) September 30, 2023 $ (1,319) $ (4,067) $ (511) $ (1,285) $ (20) $ (7,202) 1. Amounts are net of tax and noncontrolling interests. Components of Period Changes in OCI Three Months Ended September 30, 2024 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ 124 $ 160 $ 284 $ 100 $ 184 Reclassified to earnings — — — — — Net OCI $ 124 $ 160 $ 284 $ 100 $ 184 Change in net unrealized gains (losses) on AFS securities OCI activity $ 947 $ (224) $ 723 $ — $ 723 Reclassified to earnings — — — — — Net OCI $ 947 $ (224) $ 723 $ — $ 723 Pension and other OCI activity $ 1 $ — $ 1 $ — $ 1 Reclassified to earnings 5 (3) 2 — 2 Net OCI $ 6 $ (3) $ 3 $ — $ 3 Change in net DVA OCI activity $ (234) $ 57 $ (177) $ (5) $ (172) Reclassified to earnings 4 (2) 2 — 2 Net OCI $ (230) $ 55 $ (175) $ (5) $ (170) Change in fair value of cash flow hedge derivatives OCI activity $ 33 $ (8) $ 25 $ — $ 25 Reclassified to earnings 11 (2) 9 — 9 Net OCI $ 44 $ (10) $ 34 $ — $ 34 Three Months Ended September 30, 2023 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (38) $ (111) $ (149) $ (29) $ (120) Reclassified to earnings — — — — — Net OCI $ (38) $ (111) $ (149) $ (29) $ (120) Change in net unrealized gains (losses) on AFS securities OCI activity $ (464) $ 108 $ (356) $ — $ (356) Reclassified to earnings (14) 4 (10) — (10) Net OCI $ (478) $ 112 $ (366) $ — $ (366) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings (1) — (1) — (1) Net OCI $ (1) $ — $ (1) $ — $ (1) Change in net DVA OCI activity $ (549) $ 130 $ (419) $ (2) $ (417) Reclassified to earnings 6 (1) 5 — 5 Net OCI $ (543) $ 129 $ (414) $ (2) $ (412) Change in fair value of cash flow hedge derivatives OCI activity $ (12) $ 3 $ (9) $ — $ (9) Reclassified to earnings 6 — 6 — 6 Net OCI $ (6) $ 3 $ (3) $ — $ (3) Nine Months Ended September 30, 2024 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (5) $ (26) $ (31) $ (13) $ (18) Reclassified to earnings — — — — — Net OCI $ (5) $ (26) $ (31) $ (13) $ (18) Change in net unrealized gains (losses) on AFS securities OCI activity $ 1,229 $ (291) $ 938 $ — $ 938 Reclassified to earnings (50) 12 (38) — (38) Net OCI $ 1,179 $ (279) $ 900 $ — $ 900 Pension and other OCI activity $ 6 $ — $ 6 $ — $ 6 Reclassified to earnings 15 (5) 10 — 10 Net OCI $ 21 $ (5) $ 16 $ — $ 16 Change in net DVA OCI activity $ (630) $ 151 $ (479) $ 6 $ (485) Reclassified to earnings 21 (5) 16 — 16 Net OCI $ (609) $ 146 $ (463) $ 6 $ (469) Change in fair value of cash flow hedge derivatives OCI activity $ (26) $ 6 $ (20) $ — $ (20) Reclassified to earnings 34 (8) 26 — 26 Net OCI $ 8 $ (2) $ 6 $ — $ 6 Nine Months Ended September 30, 2023 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (136) $ (104) $ (240) $ (125) $ (115) Reclassified to earnings — — — — — Net OCI $ (136) $ (104) $ (240) $ (125) $ (115) Change in net unrealized gains (losses) on AFS securities OCI activity $ 208 $ (49) $ 159 $ — $ 159 Reclassified to earnings (45) 11 (34) — (34) Net OCI $ 163 $ (38) $ 125 $ — $ 125 Pension and other OCI activity $ (1) $ — $ (1) $ — $ (1) Reclassified to earnings (2) — (2) — (2) Net OCI $ (3) $ — $ (3) $ — $ (3) Change in net DVA OCI activity $ (1,283) $ 311 $ (972) $ (20) $ (952) Reclassified to earnings 15 (3) 12 — 12 Net OCI $ (1,268) $ 308 $ (960) $ (20) $ (940) Change in fair value of cash flow hedge derivatives OCI activity $ (30) $ 6 $ (24) $ — $ (24) Reclassified to earnings 9 (1) 8 — 8 Net OCI $ (21) $ 5 $ (16) $ — $ (16)

Interest Income and Interest Ex

Interest Income and Interest Expense	9 Months Ended
	Sep. 30, 2024
Interest Income (Expense), Operating [Abstract]
Interest Income and Interest Expense	Interest Income and Interest Expense Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Interest income Cash and cash equivalents 1 $ 680 $ 930 $ 2,316 2,484 Investment securities 1,335 1,019 3,809 2,886 Loans 3,557 3,236 10,345 9,105 Securities purchased under agreements to resell 2 3,580 1,977 9,121 5,282 Securities borrowed 3 1,384 1,307 4,118 3,848 Trading assets, net of Trading liabilities 1,577 1,334 4,490 3,171 Customer receivables and Other 1, 4 2,072 2,323 6,445 6,243 Total interest income $ 14,185 $ 12,126 $ 40,644 $ 33,019 Interest expense Deposits $ 2,751 $ 2,271 $ 7,777 $ 5,793 Borrowings 3,434 2,992 9,985 8,267 Securities sold under agreements to repurchase 5 2,994 1,897 8,120 4,567 Securities loaned 6 274 208 767 575 Customer payables and Other 4, 7 2,536 2,781 7,936 7,484 Total interest expense $ 11,989 $ 10,149 $ 34,585 $ 26,686 Net interest $ 2,196 $ 1,977 $ 6,059 $ 6,333 1. In the fourth quarter of 2023, interest bearing Cash and cash equivalents and related interest were presented separately for the first time. The prior period amounts for Customer receivables and Other have been disaggregated to exclude Cash and cash equivalents to align with the current presentation. 2. Includes interest paid on Securities purchased under agreements to resell. 3. Includes fees paid on Securities borrowed. 4. Certain prior period amounts have been adjusted to conform with the current period presentation. This adjustment resulted in a decrease to both interest income and interest expense of $1,179 million and $3,204 million for the three months and nine months ended September 30, 2023, respectively, and no effect on net interest income, with the entire impact to the Firm recorded within the Institutional Securities segment. See Note 2 for additional information. 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 September 30, At December 31, Customer and other receivables $ 5,326 $ 4,206 Customer and other payables 5,473 4,360

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
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	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment, Geographic and Revenue Information	Segment, Geographic and Revenue Information Selected Financial Information by Business Segment Three Months Ended September 30, 2024 $ in millions IS WM IM I/E Total Investment banking $ 1,463 $ 167 $ — $ (40) $ 1,590 Trading 3,708 300 (24) 18 4,002 Investments 179 13 123 — 315 Commissions and fees 1 760 609 — (75) 1,294 Asset management 1,2 167 4,266 1,384 (70) 5,747 Other 99 141 3 (4) 239 Total non-interest revenues 6,376 5,496 1,486 (171) 13,187 Interest income 10,423 4,148 33 (419) 14,185 Interest expense 9,984 2,374 64 (433) 11,989 Net interest 439 1,774 (31) 14 2,196 Net revenues $ 6,815 $ 7,270 $ 1,455 $ (157) $ 15,383 Provision for credit losses $ 68 $ 11 $ — $ — $ 79 Compensation and benefits 2,271 3,868 594 — 6,733 Non-compensation expenses 2,565 1,331 601 (147) 4,350 Total non-interest expenses $ 4,836 $ 5,199 $ 1,195 $ (147) $ 11,083 Income before provision for income taxes $ 1,911 $ 2,060 $ 260 $ (10) $ 4,221 Provision for income taxes 438 492 67 (2) 995 Net income 1,473 1,568 193 (8) 3,226 Net income applicable to noncontrolling interests 37 — 1 — 38 Net income applicable to Morgan Stanley $ 1,436 $ 1,568 $ 192 $ (8) $ 3,188 Three Months Ended September 30, 2023 $ in millions IS WM IM I/E Total Investment banking $ 938 $ 126 $ — $ (16) $ 1,048 Trading 3,660 (10) 24 5 3,679 Investments 100 22 22 — 144 Commissions and fees 1 606 562 — (70) 1,098 Asset management 1,2 150 3,629 1,312 (60) 5,031 Other 164 123 10 (1) 296 Total non-interest revenues 5,618 4,452 1,368 (142) 11,296 Interest income 8,611 3,797 37 (319) 12,126 Interest expense 8,560 1,845 69 (325) 10,149 Net interest 51 1,952 (32) 6 1,977 Net revenues $ 5,669 $ 6,404 $ 1,336 $ (136) $ 13,273 Provision for credit losses $ 93 $ 41 $ — $ — $ 134 Compensation and benefits 2,057 3,352 526 — 5,935 Non-compensation expenses 2,320 1,302 569 (132) 4,059 Total non-interest expenses $ 4,377 $ 4,654 $ 1,095 $ (132) $ 9,994 Income before provision for income taxes $ 1,199 $ 1,709 $ 241 $ (4) $ 3,145 Provision for income taxes 263 389 59 (1) 710 Net income 936 1,320 182 (3) 2,435 Net income applicable to noncontrolling interests 24 — 3 — 27 Net income applicable to Morgan Stanley $ 912 $ 1,320 $ 179 $ (3) $ 2,408 Nine Months Ended September 30, 2024 $ in millions IS WM IM I/E Total Investment banking $ 4,529 $ 483 $ — $ (98) $ 4,914 Trading 12,338 638 (34) 43 12,985 Investments 282 56 271 — 609 Commissions and fees 1 2,135 1,770 — (201) 3,704 Asset management 1,2 484 12,084 4,072 (200) 16,440 Other 343 483 10 (9) 827 Total non-interest revenues 20,111 15,514 4,319 (465) 39,479 Interest income 29,642 12,147 86 (1,231) 40,644 Interest expense 28,940 6,719 187 (1,261) 34,585 Net interest 702 5,428 (101) 30 6,059 Net revenues $ 20,813 $ 20,942 $ 4,218 $ (435) $ 45,538 Provision for credit losses $ 124 $ 25 $ — $ — $ 149 Compensation and benefits 6,905 11,257 1,727 — 19,889 Non-compensation expenses 7,476 3,973 1,768 (407) 12,810 Total non-interest expenses $ 14,381 $ 15,230 $ 3,495 $ (407) $ 32,699 Income before provision for income taxes $ 6,308 $ 5,687 $ 723 $ (28) $ 12,690 Provision for income taxes 1,406 1,313 172 (6) 2,885 Net income 4,902 4,374 551 (22) 9,805 Net income applicable to noncontrolling interests 127 — 2 — 129 Net income applicable to Morgan Stanley $ 4,775 $ 4,374 $ 549 $ (22) $ 9,676 Nine Months Ended September 30, 2023 $ in millions IS WM IM I/E Total Investment banking $ 3,260 $ 339 $ — $ (66) $ 3,533 Trading 11,511 425 (2) 24 11,958 Investments 151 60 173 — 384 Commissions and fees 1 1,925 1,704 — (202) 3,427 Asset management 1,2 448 10,463 3,828 (163) 14,576 Other 669 366 9 (8) 1,036 Total non-interest revenues 17,964 13,357 4,008 (415) 34,914 Interest income 3 23,160 11,124 95 (1,360) 33,019 Interest expense 3 23,004 4,858 197 (1,373) 26,686 Net interest 156 6,266 (102) 13 6,333 Net revenues $ 18,120 $ 19,623 $ 3,906 $ (402) $ 41,247 Provision for credit losses $ 379 $ 150 $ — $ — $ 529 Compensation and benefits 6,637 10,332 1,638 — 18,607 Non-compensation expenses 7,036 4,039 1,691 (372) 12,394 Total non-interest expenses $ 13,673 $ 14,371 $ 3,329 $ (372) $ 31,001 Income before provision for income taxes $ 4,068 $ 5,102 $ 577 $ (30) $ 9,717 Provision for income taxes 802 1,098 135 (7) 2,028 Net income 3,266 4,004 442 (23) 7,689 Net income applicable to noncontrolling interests 117 — 2 — 119 Net income applicable to Morgan Stanley $ 3,149 $ 4,004 $ 440 $ (23) $ 7,570 1. Substantially all revenues are from contracts with customers. 2. Includes certain fees that may relate to services performed in prior periods. 3. Certain prior period amounts have been adjusted to conform with the current period presentation. This adjustment resulted in a decrease to both interest income and interest expense of $1,179 million and $3,204 million for the three months and nine months ended September 30, 2023, respectively, and no effect on net interest income, with the entire impact to the Firm recorded within the Institutional Securities segment. See Note 2 for additional information. For a discussion about the Firm’s business segments, see Note 22 to the financial statements in the 2023 Form 10-K. Detail of Investment Banking Revenues Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Institutional Securities Advisory $ 546 $ 449 $ 1,599 $ 1,542 Institutional Securities Underwriting 917 489 2,930 1,718 Firm Investment banking revenues from contracts with customers 91 % 94 % 90 % 91 % Trading Revenues by Product Type Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Interest rate $ 1,450 $ 1,124 $ 4,771 $ 3,701 Foreign exchange 352 284 893 672 Equity 1 2,100 2,167 6,726 6,782 Commodity and other 451 447 1,528 1,321 Credit (351) (343) (933) (518) Total $ 4,002 $ 3,679 $ 12,985 $ 11,958 1. Dividend income is included within equity contracts. The previous table summarizes realized and unrealized gains and losses primarily related to the Firm’s Trading assets and liabilities, 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 $ 812 $ 787 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 returns 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Fee waivers $ 25 $ 27 $ 70 $ 73 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Transaction taxes $ 217 $ 222 $ 658 $ 683 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Americas $ 11,557 $ 10,268 $ 34,392 $ 31,453 EMEA 1,828 1,479 5,525 4,716 Asia 1,998 1,526 5,621 5,078 Total $ 15,383 $ 13,273 $ 45,538 $ 41,247 For a discussion about the Firm’s geographic net revenues, see Note 22 to the financial statements in the 2023 Form 10-K. Revenues Recognized from Prior Services Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Non-interest revenues $ 566 $ 468 $ 1,416 $ 1,350 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 $ 2,635 $ 2,339 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 $ 852,035 $ 810,506 Wealth Management 388,263 365,168 Investment Management 17,729 18,019 Total 1 $ 1,258,027 $ 1,193,693

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
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 2023 Form 10-K. Certain footnote disclosures included in the 2023 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 2023 Form 10-K.
Accounting Updates Adopted in 2024	Accounting Updates Adopted in 2024 Investments - Tax Credit Structures The Firm adopted the Investments - Equity Method and Joint Ventures - Tax Credit Structures accounting update on January 1, 2024 using the modified retrospective method. This accounting update permits an election to account for tax equity investments using the proportional amortization method if certain conditions are met. Under the proportional amortization method, the initial cost of the investment is amortized in proportion to the income tax credits and other income tax benefits received and recognized net in the income statement as a component of provision for income taxes. The update requires a separate accounting policy election to be made for each tax credit program. Additional disclosures are required regarding (i) the nature of our tax equity investments and (ii) the effect of our tax equity investments and related income tax credits on the financial condition and results of operations (see Note 10).

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	9 Months Ended
	Sep. 30, 2024
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	$ in millions At At Cash and due from banks $ 5,636 $ 7,323 Interest bearing deposits with banks 85,448 81,909 Total Cash and cash equivalents $ 91,084 $ 89,232 Restricted cash $ 29,352 $ 30,571

Fair Values (Tables)

Fair Values (Tables)	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 59,122 $ 49,130 $ — $ — $ 108,252 Other sovereign government obligations 32,916 13,712 109 — 46,737 State and municipal securities — 2,658 13 — 2,671 MABS — 1,434 441 — 1,875 Loans and lending commitments 2 — 7,302 1,584 — 8,886 Corporate and other debt — 37,487 1,726 — 39,213 Corporate equities 3,5 106,910 1,284 194 — 108,388 Derivative and other contracts: Interest rate 2,904 130,161 447 — 133,512 Credit — 10,115 389 — 10,504 Foreign exchange 118 81,209 305 — 81,632 Equity 1,869 90,559 682 — 93,110 Commodity and other 1,661 13,239 2,281 — 17,181 Netting 1 (5,185) (253,149) (770) (39,608) (298,712) Total derivative and other contracts 1,367 72,134 3,334 (39,608) 37,227 Investments 4,5 930 962 810 — 2,702 Physical commodities — 603 — — 603 Total trading assets 4 201,245 186,706 8,211 (39,608) 356,554 Investment securities—AFS 67,986 29,842 — — 97,828 Total assets at fair value $ 269,231 $ 216,548 $ 8,211 $ (39,608) $ 454,382 At September 30, 2024 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 7,326 $ 1 $ — $ 7,327 Trading liabilities: U.S. Treasury and agency securities 24,264 22 — — 24,286 Other sovereign government obligations 24,765 4,258 2 — 29,025 Corporate and other debt — 13,199 43 — 13,242 Corporate equities 3 52,315 724 27 — 53,066 Derivative and other contracts: Interest rate 2,771 117,046 447 — 120,264 Credit — 10,683 275 — 10,958 Foreign exchange 287 79,411 210 — 79,908 Equity 2,478 104,267 1,450 — 108,195 Commodity and other 1,705 12,055 1,257 — 15,017 Netting 1 (5,185) (253,149) (770) (42,619) (301,723) Total derivative and other contracts 2,056 70,313 2,869 (42,619) 32,619 Total trading liabilities 103,400 88,516 2,941 (42,619) 152,238 Securities sold under agreements to repurchase — 543 453 — 996 Other secured financings — 13,980 147 — 14,127 Borrowings — 106,076 1,471 — 107,547 Total liabilities at fair value $ 103,400 $ 216,441 $ 5,013 $ (42,619) $ 282,235 At December 31, 2023 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Assets at fair value Trading assets: U.S. Treasury and agency securities $ 56,459 $ 53,741 $ — $ — $ 110,200 Other sovereign government obligations 22,580 9,946 94 — 32,620 State and municipal securities — 2,148 34 — 2,182 MABS — 1,540 489 — 2,029 Loans and lending commitments 2 — 6,122 2,066 — 8,188 Corporate and other debt — 35,833 1,983 — 37,816 Corporate equities 3,5 126,772 929 199 — 127,900 Derivative and other contracts: Interest rate 7,284 140,139 784 — 148,207 Credit — 10,244 393 — 10,637 Foreign exchange 12 93,218 20 — 93,250 Equity 2,169 55,319 587 — 58,075 Commodity and other 1,608 11,862 2,811 — 16,281 Netting 1 (7,643) (237,497) (1,082) (42,915) (289,137) Total derivative and other contracts 3,430 73,285 3,513 (42,915) 37,313 Investments 4 781 836 949 — 2,566 Physical commodities — 736 — — 736 Total trading assets 4 210,022 185,116 9,327 (42,915) 361,550 Investment securities—AFS 57,405 30,708 — — 88,113 Securities purchased under agreements to resell — 7 — — 7 Total assets at fair value $ 267,427 $ 215,831 $ 9,327 $ (42,915) $ 449,670 At December 31, 2023 $ in millions Level 1 Level 2 Level 3 Netting 1 Total Liabilities at fair value Deposits $ — $ 6,439 $ 33 $ — $ 6,472 Trading liabilities: U.S. Treasury and agency securities 27,708 16 — — 27,724 Other sovereign government obligations 26,829 3,955 6 — 30,790 Corporate and other debt — 10,560 9 — 10,569 Corporate equities 3 46,809 300 45 — 47,154 Derivative and other contracts: Interest rate 8,000 129,983 857 — 138,840 Credit — 10,795 297 — 11,092 Foreign exchange 96 89,880 385 — 90,361 Equity 2,411 64,794 1,689 — 68,894 Commodity and other 1,642 11,904 1,521 — 15,067 Netting 1 (7,643) (237,497) (1,082) (42,757) (288,979) Total derivative and other contracts 4,506 69,859 3,667 (42,757) 35,275 Total trading liabilities 105,852 84,690 3,727 (42,757) 151,512 Securities sold under agreements to repurchase — 571 449 — 1,020 Other secured financings — 9,807 92 — 9,899 Borrowings — 92,022 1,878 — 93,900 Total liabilities at fair value $ 105,852 $ 193,529 $ 6,179 $ (42,757) $ 262,803 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. 5. At September 30, 2024 and December 31, 2023, the Firm's Trading assets included an insignificant amount of equity securities subject to contractual sale restrictions that generally prohibit the Firm from selling the security for a period of time as of the measurement date.
Schedule of Details of Loans and Lending Commitments at Fair Value	Detail of Loans and Lending Commitments at Fair Value $ in millions At At Commercial Real Estate $ 766 $ 422 Residential Real Estate 2,562 2,909 Securities-based lending and Other loans 5,558 4,857 Total $ 8,886 $ 8,188
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 $ 2,183 $ 1,062 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 Nine Months Ended $ in millions 2024 2023 2024 2023 U.S. Treasury and agency securities Beginning balance $ — $ — $ — $ 17 Sales — — — (10) Net transfers — — — (7) Ending balance $ — $ — $ — $ — Unrealized gains (losses) $ — $ — $ — $ — Other sovereign government obligations Beginning balance $ 74 $ 128 $ 94 $ 169 Realized and unrealized gains (losses) 3 — 1 6 Purchases 14 17 48 18 Sales (27) (30) (74) (112) Net transfers 45 (21) 40 13 Ending balance $ 109 $ 94 $ 109 $ 94 Unrealized gains (losses) $ (2) $ 1 $ (2) $ 1 State and municipal securities Beginning balance $ — $ 40 $ 34 $ 145 Realized and unrealized gains (losses) — (3) — (2) Purchases — 147 — 255 Sales — (20) (29) (218) Net transfers 13 (52) 8 (68) Ending balance $ 13 $ 112 $ 13 $ 112 Unrealized gains (losses) $ — $ (3) $ — $ (3) MABS Beginning balance $ 423 $ 486 $ 489 $ 416 Realized and unrealized gains (losses) 10 (1) 27 13 Purchases 43 88 140 149 Sales (58) (33) (243) (79) Settlements — — — 50 Net transfers 23 (4) 28 (13) Ending balance $ 441 $ 536 $ 441 $ 536 Unrealized gains (losses) $ 15 $ 4 $ 9 $ 5 Loans and lending commitments Beginning balance $ 2,176 $ 2,400 $ 2,066 $ 2,017 Realized and unrealized gains (losses) 29 (6) 19 (91) Purchases and originations 130 997 681 1,569 Sales (648) (539) (917) (686) Settlements (4) (666) (174) (717) Net transfers (99) (147) (91) (53) Ending balance $ 1,584 $ 2,039 $ 1,584 $ 2,039 Unrealized gains (losses) $ (1) $ (6) $ (2) $ (91) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Corporate and other debt Beginning balance $ 1,925 $ 2,223 $ 1,983 $ 2,096 Realized and unrealized gains (losses) 9 108 44 231 Purchases and originations 423 346 834 561 Sales (496) (465) (980) (618) Settlements (73) (6) (85) (6) Net transfers (62) 257 (70) 199 Ending balance $ 1,726 $ 2,463 $ 1,726 $ 2,463 Unrealized gains (losses) $ 6 $ 113 $ 101 $ 239 Corporate equities Beginning balance $ 217 $ 166 $ 199 $ 116 Realized and unrealized gains (losses) (24) (29) (93) (64) Purchases 26 32 65 101 Sales (29) (34) (58) (38) Net transfers 4 60 81 80 Ending balance $ 194 $ 195 $ 194 $ 195 Unrealized gains (losses) $ (11) $ (25) $ (17) $ (36) Investments Beginning balance $ 843 $ 968 $ 949 $ 923 Realized and unrealized gains (losses) 53 17 63 24 Purchases 18 6 42 153 Sales (101) (76) (241) (183) Net transfers (3) 19 (3) 17 Ending balance $ 810 $ 934 $ 810 $ 934 Unrealized gains (losses) $ 24 $ 19 $ 6 $ 17 Investment securities—AFS Beginning balance $ — $ — $ — $ 35 Realized and unrealized gains (losses) — (5) — (4) Net transfers — 40 — 4 Ending balance $ — $ 35 $ — $ 35 Unrealized gains (losses) $ — $ (5) $ — $ (4) Net derivatives: Interest rate Beginning balance $ 262 $ 49 $ (73) $ (151) Realized and unrealized gains (losses) (120) 49 (103) (318) Purchases 20 26 27 57 Issuances (6) (7) (14) (63) Settlements (77) (110) (18) 329 Net transfers (79) (256) 181 (103) Ending balance $ — $ (249) $ — $ (249) Unrealized gains (losses) $ (114) $ 7 $ (65) $ (94) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Net derivatives: Credit Beginning balance $ 124 $ 96 $ 96 $ 110 Realized and unrealized gains (losses) 108 9 (42) (12) Settlements (116) (7) 39 (7) Net transfers (2) (8) 21 (1) Ending balance $ 114 $ 90 $ 114 $ 90 Unrealized gains (losses) $ 108 $ 8 $ (21) $ 4 Net derivatives: Foreign exchange Beginning balance $ (118) $ 28 $ (365) $ 66 Realized and unrealized gains (losses) 51 (13) 57 (53) Settlements 117 16 264 (68) Net transfers 45 (160) 139 (74) Ending balance $ 95 $ (129) $ 95 $ (129) Unrealized gains (losses) $ 51 $ (16) $ 61 $ (51) Net derivatives: Equity Beginning balance $ (1,055) $ (775) $ (1,102) $ (736) Realized and unrealized gains (losses) (123) 195 125 192 Purchases 54 38 186 157 Issuances (161) (166) (473) (492) Settlements 265 252 337 229 Net transfers 252 (326) 159 (132) Ending balance $ (768) $ (782) $ (768) $ (782) Unrealized gains (losses) $ (155) $ 160 $ 11 $ 93 Net derivatives: Commodity and other Beginning balance $ 1,203 $ 1,416 $ 1,290 $ 1,083 Realized and unrealized gains (losses) 223 (7) 789 549 Purchases 70 7 126 70 Issuances (23) (9) (37) (80) Settlements (398) (92) (909) (313) Net transfers (51) (34) (235) (28) Ending balance $ 1,024 $ 1,281 $ 1,024 $ 1,281 Unrealized gains (losses) $ (58) $ (142) $ (48) $ 216 Deposits Beginning balance $ 34 $ 36 $ 33 $ 20 Realized and unrealized losses (gains) — (1) — (1) Purchases — 6 — 26 Net transfers (33) (25) (32) (29) Ending balance $ 1 $ 16 $ 1 $ 16 Unrealized losses (gains) $ — $ (1) $ — $ (1) Nonderivative trading liabilities Beginning balance $ 42 $ 89 $ 60 $ 74 Realized and unrealized losses (gains) 6 (4) (17) (12) Purchases (44) (29) (50) (49) Sales 25 23 78 77 Settlements — — (1) — Net transfers 43 15 2 4 Ending balance $ 72 $ 94 $ 72 $ 94 Unrealized losses (gains) $ 9 $ (2) $ (6) $ (11) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Securities sold under agreements to repurchase Beginning balance $ 449 $ 454 $ 449 $ 512 Realized and unrealized losses (gains) 4 4 4 11 Issuances — — — 1 Settlements — — — (9) Net transfers — — — (57) Ending balance $ 453 $ 458 $ 453 $ 458 Unrealized losses (gains) $ 3 $ 4 $ 4 $ 11 Other secured financings Beginning balance $ 91 $ 90 $ 92 $ 91 Realized and unrealized losses (gains) 1 (1) (4) 2 Issuances 57 15 94 59 Settlements (16) (6) (58) (54) Net transfers 14 — 23 — Ending balance $ 147 $ 98 $ 147 $ 98 Unrealized losses (gains) $ 1 $ (1) $ (4) $ 2 Borrowings Beginning balance $ 1,976 $ 1,787 $ 1,878 $ 1,587 Realized and unrealized losses (gains) 86 18 90 83 Issuances 95 342 412 626 Settlements (105) (182) (212) (355) Net transfers (581) (437) (697) (413) Ending balance $ 1,471 $ 1,528 $ 1,471 $ 1,528 Unrealized losses (gains) $ 109 $ 18 $ 115 $ 48 Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (1) (4) — 10
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 Nine Months Ended $ in millions 2024 2023 2024 2023 U.S. Treasury and agency securities Beginning balance $ — $ — $ — $ 17 Sales — — — (10) Net transfers — — — (7) Ending balance $ — $ — $ — $ — Unrealized gains (losses) $ — $ — $ — $ — Other sovereign government obligations Beginning balance $ 74 $ 128 $ 94 $ 169 Realized and unrealized gains (losses) 3 — 1 6 Purchases 14 17 48 18 Sales (27) (30) (74) (112) Net transfers 45 (21) 40 13 Ending balance $ 109 $ 94 $ 109 $ 94 Unrealized gains (losses) $ (2) $ 1 $ (2) $ 1 State and municipal securities Beginning balance $ — $ 40 $ 34 $ 145 Realized and unrealized gains (losses) — (3) — (2) Purchases — 147 — 255 Sales — (20) (29) (218) Net transfers 13 (52) 8 (68) Ending balance $ 13 $ 112 $ 13 $ 112 Unrealized gains (losses) $ — $ (3) $ — $ (3) MABS Beginning balance $ 423 $ 486 $ 489 $ 416 Realized and unrealized gains (losses) 10 (1) 27 13 Purchases 43 88 140 149 Sales (58) (33) (243) (79) Settlements — — — 50 Net transfers 23 (4) 28 (13) Ending balance $ 441 $ 536 $ 441 $ 536 Unrealized gains (losses) $ 15 $ 4 $ 9 $ 5 Loans and lending commitments Beginning balance $ 2,176 $ 2,400 $ 2,066 $ 2,017 Realized and unrealized gains (losses) 29 (6) 19 (91) Purchases and originations 130 997 681 1,569 Sales (648) (539) (917) (686) Settlements (4) (666) (174) (717) Net transfers (99) (147) (91) (53) Ending balance $ 1,584 $ 2,039 $ 1,584 $ 2,039 Unrealized gains (losses) $ (1) $ (6) $ (2) $ (91) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Corporate and other debt Beginning balance $ 1,925 $ 2,223 $ 1,983 $ 2,096 Realized and unrealized gains (losses) 9 108 44 231 Purchases and originations 423 346 834 561 Sales (496) (465) (980) (618) Settlements (73) (6) (85) (6) Net transfers (62) 257 (70) 199 Ending balance $ 1,726 $ 2,463 $ 1,726 $ 2,463 Unrealized gains (losses) $ 6 $ 113 $ 101 $ 239 Corporate equities Beginning balance $ 217 $ 166 $ 199 $ 116 Realized and unrealized gains (losses) (24) (29) (93) (64) Purchases 26 32 65 101 Sales (29) (34) (58) (38) Net transfers 4 60 81 80 Ending balance $ 194 $ 195 $ 194 $ 195 Unrealized gains (losses) $ (11) $ (25) $ (17) $ (36) Investments Beginning balance $ 843 $ 968 $ 949 $ 923 Realized and unrealized gains (losses) 53 17 63 24 Purchases 18 6 42 153 Sales (101) (76) (241) (183) Net transfers (3) 19 (3) 17 Ending balance $ 810 $ 934 $ 810 $ 934 Unrealized gains (losses) $ 24 $ 19 $ 6 $ 17 Investment securities—AFS Beginning balance $ — $ — $ — $ 35 Realized and unrealized gains (losses) — (5) — (4) Net transfers — 40 — 4 Ending balance $ — $ 35 $ — $ 35 Unrealized gains (losses) $ — $ (5) $ — $ (4) Net derivatives: Interest rate Beginning balance $ 262 $ 49 $ (73) $ (151) Realized and unrealized gains (losses) (120) 49 (103) (318) Purchases 20 26 27 57 Issuances (6) (7) (14) (63) Settlements (77) (110) (18) 329 Net transfers (79) (256) 181 (103) Ending balance $ — $ (249) $ — $ (249) Unrealized gains (losses) $ (114) $ 7 $ (65) $ (94) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Net derivatives: Credit Beginning balance $ 124 $ 96 $ 96 $ 110 Realized and unrealized gains (losses) 108 9 (42) (12) Settlements (116) (7) 39 (7) Net transfers (2) (8) 21 (1) Ending balance $ 114 $ 90 $ 114 $ 90 Unrealized gains (losses) $ 108 $ 8 $ (21) $ 4 Net derivatives: Foreign exchange Beginning balance $ (118) $ 28 $ (365) $ 66 Realized and unrealized gains (losses) 51 (13) 57 (53) Settlements 117 16 264 (68) Net transfers 45 (160) 139 (74) Ending balance $ 95 $ (129) $ 95 $ (129) Unrealized gains (losses) $ 51 $ (16) $ 61 $ (51) Net derivatives: Equity Beginning balance $ (1,055) $ (775) $ (1,102) $ (736) Realized and unrealized gains (losses) (123) 195 125 192 Purchases 54 38 186 157 Issuances (161) (166) (473) (492) Settlements 265 252 337 229 Net transfers 252 (326) 159 (132) Ending balance $ (768) $ (782) $ (768) $ (782) Unrealized gains (losses) $ (155) $ 160 $ 11 $ 93 Net derivatives: Commodity and other Beginning balance $ 1,203 $ 1,416 $ 1,290 $ 1,083 Realized and unrealized gains (losses) 223 (7) 789 549 Purchases 70 7 126 70 Issuances (23) (9) (37) (80) Settlements (398) (92) (909) (313) Net transfers (51) (34) (235) (28) Ending balance $ 1,024 $ 1,281 $ 1,024 $ 1,281 Unrealized gains (losses) $ (58) $ (142) $ (48) $ 216 Deposits Beginning balance $ 34 $ 36 $ 33 $ 20 Realized and unrealized losses (gains) — (1) — (1) Purchases — 6 — 26 Net transfers (33) (25) (32) (29) Ending balance $ 1 $ 16 $ 1 $ 16 Unrealized losses (gains) $ — $ (1) $ — $ (1) Nonderivative trading liabilities Beginning balance $ 42 $ 89 $ 60 $ 74 Realized and unrealized losses (gains) 6 (4) (17) (12) Purchases (44) (29) (50) (49) Sales 25 23 78 77 Settlements — — (1) — Net transfers 43 15 2 4 Ending balance $ 72 $ 94 $ 72 $ 94 Unrealized losses (gains) $ 9 $ (2) $ (6) $ (11) Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Securities sold under agreements to repurchase Beginning balance $ 449 $ 454 $ 449 $ 512 Realized and unrealized losses (gains) 4 4 4 11 Issuances — — — 1 Settlements — — — (9) Net transfers — — — (57) Ending balance $ 453 $ 458 $ 453 $ 458 Unrealized losses (gains) $ 3 $ 4 $ 4 $ 11 Other secured financings Beginning balance $ 91 $ 90 $ 92 $ 91 Realized and unrealized losses (gains) 1 (1) (4) 2 Issuances 57 15 94 59 Settlements (16) (6) (58) (54) Net transfers 14 — 23 — Ending balance $ 147 $ 98 $ 147 $ 98 Unrealized losses (gains) $ 1 $ (1) $ (4) $ 2 Borrowings Beginning balance $ 1,976 $ 1,787 $ 1,878 $ 1,587 Realized and unrealized losses (gains) 86 18 90 83 Issuances 95 342 412 626 Settlements (105) (182) (212) (355) Net transfers (581) (437) (697) (413) Ending balance $ 1,471 $ 1,528 $ 1,471 $ 1,528 Unrealized losses (gains) $ 109 $ 18 $ 115 $ 48 Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA (1) (4) — 10
Schedule of Valuation Techniques and Unobservable Inputs	Valuation Techniques and Unobservable Inputs Balance / Range (Average 1 ) $ in millions, except inputs At September 30, 2024 At December 31, 2023 Assets at Fair Value on a Recurring Basis Other sovereign government obligations $ 109 $ 94 Comparable pricing: Bond price 70 to 100 points (80 points) 61 to 110 points (87 points) MABS $ 441 $ 489 Comparable pricing: Bond price 1 to 88 points (59 points) 0 to 88 points (61 points) Loans and lending commitments $ 1,584 $ 2,066 Margin loan model: Margin loan rate 1% to 4% (3%) 2% to 4% (3%) Comparable pricing: Loan price 83 to 101 points (97 points) 85 to 102 points (98 points) Corporate and other debt $ 1,726 $ 1,983 Comparable pricing: Bond price 29 to 128 points (82 points) 28 to 135 points (82 points) Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Corporate equities $ 194 $ 199 Comparable pricing: Equity price 100% 100% Investments $ 810 $ 949 Discounted cash flow: WACC 12% to 18% (16%) 16% to 18% (17%) Exit multiple 9 to 10 times (10 times) 9 to 17 times (15 times) Market approach: EBITDA multiple 21 times 22 times Comparable pricing: Equity price 24% to 100% (84%) 24% to 100% (86%) Net derivative and other contracts: Interest rate $ 0 $ (73) Option model: IR volatility skew 66% to 89% (74% / 73%) 70% to 100% (81% / 93%) IR curve correlation 30% to 99% (83% / 87%) 49% to 99% (77% / 79%) Bond volatility 77% to 188% (91% / 88%) 79% to 85% (82% / 85%) Inflation volatility 29% to 69% (44% / 40%) 27% to 70% (43% / 39%) Credit $ 114 $ 96 Credit default swap model: Cash-synthetic basis 7 points 7 points Bond price 0 to 90 points (42 points) 0 to 92 points (46 points) Credit spread 10 to 366 bps (93 bps) 10 to 404 bps (94 bps) Funding spread 13 to 590 bps (81 bps) 18 to 590 bps (67 bps) Balance / Range (Average 1 ) $ in millions, except inputs At September 30, 2024 At December 31, 2023 Foreign exchange 2 $ 95 $ (365) Option model: IR curve 4% to 12% (8% / 5%) -4% to 26% (7% / 5%) Foreign exchange volatility skew N/M -3% to 12% (2% / 0%) Contingency probability 85% to 95% (89% / 95%) 95% Equity 2 $ (768) $ (1,102) Option model: Equity volatility 10% to 95% (24%) 6% to 97% (23%) Equity volatility skew -1% to 0% (0%) -1% to 0% (0%) Equity correlation 18% to 94% (55%) 25% to 97% (49%) FX correlation -65% to 50% (-21%) -79% to 40% (-28%) IR correlation -25% to 23% (12%) 10% to 30% (15%) Commodity and other $ 1,024 $ 1,290 Option model: Forward power price $0 to $193 ($39) per MWh $0 to $220 ($49) per MWh Commodity volatility 7% to 135% (35%) 8% to 123% (31%) Cross-commodity correlation 54% to 100% (95%) 54% to 100% (94%) Liabilities Measured at Fair Value on a Recurring Basis Securities sold under agreements to repurchase $ 453 $ 449 Discounted cash flow: Funding spread 11 to 127 bps (49 / 32 bps) 28 to 135 bps (79 bps) Other secured financings $ 147 $ 92 Comparable pricing: Loan price 23 to 101 points (74 points) 22 to 101 points (76 points) Borrowings $ 1,471 $ 1,878 Option model: Equity volatility 9% to 65% (24%) 6% to 69% (13%) Equity volatility skew -3% to 0% (0%) -2% to 0% (0%) Equity correlation 42% to 97% (71%) 41% to 97% (79%) Equity - FX correlation -50% to 23% (-18%) -65% to 40% (-30%) IR curve correlation N/M 50% to 89% (71% / 70%) Credit default swap model: Credit spread 341 to 519 bps (430 bps) N/M Discounted cash flow: Loss given default 54% to 84% (62% / 54%) 54% to 84% (62% / 54%) Nonrecurring Fair Value Measurement Loans $ 5,570 $ 4,532 Corporate loan model: Credit spread 115 to 13,954 bps (1,131 bps) 99 to 1,467 bps (1,015 bps) Comparable pricing: Loan price 29 to 100 points (87 points) 25 to 93 points (70 points) Warehouse model: Credit spread 122 to 271 bps (186 bps) 115 to 268 bps (185 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 September 30, 2024 At December 31, 2023 $ in millions Carrying Commitment Carrying Commitment Private equity $ 2,612 $ 638 $ 2,685 $ 720 Real estate 3,060 229 2,765 240 Hedge 72 2 74 3 Total $ 5,744 $ 869 $ 5,524 $ 963 Nonredeemable Funds by Contractual Maturity Carrying Value at September 30, 2024 $ in millions Private Equity Real Estate Less than 5 years $ 1,094 $ 1,867 5-10 years 1,421 1,099 Over 10 years 97 94 Total $ 2,612 $ 3,060
Schedule of Nonrecurring Fair Value Measurements	Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis At September 30, 2024 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 1,991 $ 5,570 $ 7,561 Total $ 1,991 $ 5,570 $ 7,561 Liabilities Other liabilities and accrued expenses—Lending commitments $ 62 $ 60 $ 122 Total $ 62 $ 60 $ 122 At December 31, 2023 Fair Value $ in millions Level 2 Level 3 1 Total Assets Loans $ 4,215 $ 4,532 $ 8,747 Other assets—Other investments — 4 4 Other assets—ROU assets 23 — 23 Total $ 4,238 $ 4,536 $ 8,774 Liabilities Other liabilities and accrued expenses—Lending commitments $ 110 $ 60 $ 170 Total $ 110 $ 60 $ 170 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 Nine Months Ended $ in millions 2024 2023 2024 2023 Assets Loans 2 $ (136) $ (35) $ (190) $ (117) Other assets—Other investments 3 — 5 (7) 4 Other assets—Premises, equipment and software 4 (10) (2) (12) (6) Other assets—ROU assets 5 — — — (10) Total $ (146) $ (32) $ (209) $ (129) Liabilities Other liabilities and accrued expenses—Lending commitments 2 $ (2) $ 7 $ 8 $ 38 Total $ (2) $ 7 $ 8 $ 38 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. 4. Losses related to Other assets—Premises, equipment and software generally include impairments as well as write-offs related to the disposal of certain assets. 5. Losses related to Other Assets—ROU assets include impairments related to discontinued leased properties.
Schedule of Financial Instruments Not Measured at Fair Value	Financial Instruments Not Measured at Fair Value At September 30, 2024 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 91,084 $ 91,084 $ — $ — $ 91,084 Investment securities—HTM 62,856 17,292 36,455 1,147 54,894 Securities purchased under agreements to resell 137,352 — 135,629 1,799 137,428 Securities borrowed 132,412 — 132,413 — 132,413 Customer and other receivables 84,207 — 80,049 4,051 84,100 Loans 1,2 Held for investment 218,012 — 8,321 205,719 214,040 Held for sale 12,862 — 5,366 7,601 12,967 Other assets 704 — 704 — 704 Financial liabilities Deposits $ 356,395 $ — $ 356,592 $ — $ 356,592 Securities sold under agreements to repurchase 57,333 — 57,336 — 57,336 Securities loaned 17,455 — 17,455 — 17,455 Other secured financings 4,016 — 4,015 — 4,015 Customer and other payables 216,362 — 216,362 — 216,362 Borrowings 190,633 — 193,720 102 193,822 Commitment Lending commitments 3 $ 169,777 $ — $ 1,180 $ 1,038 $ 2,218 At December 31, 2023 Carrying Fair Value $ in millions Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 89,232 $ 89,232 $ — $ — $ 89,232 Investment securities—HTM 66,694 21,937 34,411 1,105 57,453 Securities purchased under agreements to resell 110,733 — 108,099 2,674 110,773 Securities borrowed 121,091 — 121,091 — 121,091 Customer and other receivables 74,337 — 70,110 4,031 74,141 Loans 1,2 Held for investment 203,385 — 20,125 176,291 196,416 Held for sale 15,255 — 8,652 6,672 15,324 Other assets 704 — 704 — 704 Financial liabilities Deposits $ 345,332 $ — $ 345,391 $ — $ 345,391 Securities sold under agreements to repurchase 61,631 — 61,621 — 61,621 Securities loaned 15,057 — 15,055 — 15,055 Other secured financings 2,756 — 2,756 — 2,756 Customer and other payables 208,015 — 208,015 — 208,015 Borrowings 169,832 — 171,009 4 171,013 Commitment Lending commitments 3 $ 149,464 $ — $ 1,338 $ 749 $ 2,087 1. Amounts include loans measured at fair value on a nonrecurring basis. 2. Loans amounts have been disaggregated into HFI and HFS for the first time in the fourth quarter of 2023. Prior period amounts have been revised to match the current period presentation. 3. 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)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value Option	Borrowings Measured at Fair Value on a Recurring Basis $ in millions At At Business Unit Responsible for Risk Management Equity $ 53,530 $ 46,073 Interest rates 35,239 31,055 Commodities 14,071 12,798 Credit 3,047 2,400 Foreign exchange 1,660 1,574 Total $ 107,547 $ 93,900 Net Revenues from Borrowings under the Fair Value Option Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Trading revenues $ (6,993) $ 3,479 $ (6,158) $ (1,412) Interest expense 175 124 474 351 Net revenues 1 $ (7,168) $ 3,355 $ (6,632) $ (1,763) 1. Amounts do not reflect any gains or losses from related economic hedges. Gains (Losses) Due to Changes in Instrument-Specific Credit Risk Three Months Ended September 30, 2024 2023 $ in millions Trading Revenues OCI Trading Revenues OCI Loans and other receivables 1 $ (15) $ — $ (8) $ — Lending commitments (3) — — — Deposits — (3) — 4 Borrowings (4) (227) (6) (547) Nine Months Ended September 30, 2024 2023 $ in millions Trading OCI Trading OCI Loans and other receivables 1 $ (13) $ — $ (112) $ — Lending commitments (4) — 11 — Deposits — 8 — 21 Borrowings (21) (617) (15) (1,289) $ in millions At At Cumulative pre-tax DVA gain (loss) recognized in AOCI $ (2,775) $ (2,166) 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 $ 10,943 $ 11,086 Nonaccrual loans 2 8,409 8,566 Borrowings 3 1,973 3,030 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. Fair Value Loans on Nonaccrual Status $ in millions At At Nonaccrual loans $ 824 $ 440 Nonaccrual loans 90 or more days past due 20 75

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Asset Contracts	Fair Values of Derivative Contracts Assets at September 30, 2024 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 3 $ — $ — $ 3 Foreign exchange 44 3 — 47 Total 47 3 — 50 Not designated as accounting hedges Economic hedges of loans Credit — 33 — 33 Other derivatives Interest rate 115,855 17,372 282 133,509 Credit 5,026 5,445 — 10,471 Foreign exchange 78,738 2,721 126 81,585 Equity 32,410 — 60,700 93,110 Commodity and other 14,868 2 2,311 17,181 Total 246,897 25,573 63,419 335,889 Total gross derivatives $ 246,944 $ 25,576 $ 63,419 $ 335,939 Amounts offset Counterparty netting (177,423) (22,675) (60,104) (260,202) Cash collateral netting (36,738) (1,772) — (38,510) Total in Trading assets $ 32,783 $ 1,129 $ 3,315 $ 37,227 Amounts not offset 1 Financial instruments collateral (15,407) — — (15,407) Net amounts $ 17,376 $ 1,129 $ 3,315 $ 21,820 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 2,592 Assets at December 31, 2023 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 25 $ — $ — $ 25 Foreign exchange 5 5 — 10 Total 30 5 — 35 Not designated as accounting hedges Economic hedges of loans Credit 2 27 — 29 Other derivatives Interest rate 127,414 19,914 854 148,182 Credit 5,712 4,896 — 10,608 Foreign exchange 90,654 2,570 16 93,240 Equity 20,338 — 37,737 58,075 Commodity and other 13,928 — 2,353 16,281 Total 258,048 27,407 40,960 326,415 Total gross derivatives $ 258,078 $ 27,412 $ 40,960 $ 326,450 Amounts offset Counterparty netting (184,553) (23,851) (38,510) (246,914) Cash collateral netting (39,493) (2,730) — (42,223) Total in Trading assets $ 34,032 $ 831 $ 2,450 $ 37,313 Amounts not offset 1 Financial instruments collateral (15,690) — — (15,690) Net amounts $ 18,342 $ 831 $ 2,450 $ 21,623 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 2,641
Schedule of Fair Values of Derivative Liability Contracts	Liabilities at September 30, 2024 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 420 $ — $ — $ 420 Foreign exchange 71 35 — 106 Total 491 35 — 526 Not designated as accounting hedges Economic hedges of loans Credit 53 786 — 839 Other derivatives Interest rate 104,680 14,939 225 119,844 Credit 5,071 5,048 — 10,119 Foreign exchange 76,813 2,696 293 79,802 Equity 48,782 — 59,413 108,195 Commodity and other 12,475 — 2,542 15,017 Total 247,874 23,469 62,473 333,816 Total gross derivatives $ 248,365 $ 23,504 $ 62,473 $ 334,342 Amounts offset Counterparty netting (177,423) (22,675) (60,104) (260,202) Cash collateral netting (40,917) (604) — (41,521) Total in Trading liabilities $ 30,025 $ 225 $ 2,369 $ 32,619 Amounts not offset 1 Financial instruments collateral (5,588) — (200) (5,788) Net amounts $ 24,437 $ 225 $ 2,169 $ 26,831 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable 4,660 Liabilities at December 31, 2023 $ in millions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 467 $ — $ — $ 467 Foreign exchange 414 43 — 457 Total 881 43 — 924 Not designated as accounting hedges Economic hedges of loans Credit 43 702 — 745 Other derivatives Interest rate 120,604 17,179 590 138,373 Credit 5,920 4,427 — 10,347 Foreign exchange 87,104 2,694 106 89,904 Equity 31,545 — 37,349 68,894 Commodity and other 12,237 — 2,830 15,067 Total 257,453 25,002 40,875 323,330 Total gross derivatives $ 258,334 $ 25,045 $ 40,875 $ 324,254 Amounts offset Counterparty netting (184,553) (23,851) (38,510) (246,914) Cash collateral netting (41,082) (983) — (42,065) Total in Trading liabilities $ 32,699 $ 211 $ 2,365 $ 35,275 Amounts not offset 1 Financial instruments collateral (6,864) (8) (37) (6,909) Net amounts $ 25,835 $ 203 $ 2,328 $ 28,366 Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable $ 5,911 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 netting criteria are not met in accordance with applicable offsetting accounting guidance.
Schedule of Notionals of Derivative Contracts	Notionals of Derivative Contracts Assets at September 30, 2024 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ — $ 129 $ — $ 129 Foreign exchange 11 1 — 12 Total 11 130 — 141 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 4,226 6,682 639 11,547 Credit 242 195 — 437 Foreign exchange 3,594 214 11 3,819 Equity 665 — 614 1,279 Commodity and other 132 3 81 216 Total 8,859 7,095 1,345 17,299 Total gross derivatives $ 8,870 $ 7,225 $ 1,345 $ 17,440 Liabilities at September 30, 2024 $ in billions Bilateral OTC Cleared OTC Exchange- Traded Total Designated as accounting hedges Interest rate $ 2 $ 177 $ — $ 179 Foreign exchange 5 3 — 8 Total 7 180 — 187 Not designated as accounting hedges Economic hedges of loans Credit 2 22 — 24 Other derivatives Interest rate 4,222 6,605 533 11,360 Credit 245 181 — 426 Foreign exchange 3,836 218 35 4,089 Equity 714 — 992 1,706 Commodity and other 106 1 94 201 Total 9,125 7,027 1,654 17,806 Total gross derivatives $ 9,132 $ 7,207 $ 1,654 $ 17,993 Assets at December 31, 2023 $ in billions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ — $ 92 $ — $ 92 Foreign exchange 1 1 — 2 Total 1 93 — 94 Not designated as accounting hedges Economic hedges of loans Credit — 1 — 1 Other derivatives Interest rate 4,153 8,357 560 13,070 Credit 214 176 — 390 Foreign exchange 3,378 165 7 3,550 Equity 528 — 440 968 Commodity and other 142 — 65 207 Total 8,415 8,699 1,072 18,186 Total gross derivatives $ 8,416 $ 8,792 $ 1,072 $ 18,280 Liabilities at December 31, 2023 $ in billions Bilateral OTC Cleared OTC Exchange-Traded Total Designated as accounting hedges Interest rate $ 3 $ 183 $ — $ 186 Foreign exchange 14 3 — 17 Total 17 186 — 203 Not designated as accounting hedges Economic hedges of loans Credit 2 22 — 24 Other derivatives Interest rate 4,631 8,197 455 13,283 Credit 229 155 — 384 Foreign exchange 3,496 167 33 3,696 Equity 587 — 712 1,299 Commodity and other 101 — 79 180 Total 9,046 8,541 1,279 18,866 Total gross derivatives $ 9,063 $ 8,727 $ 1,279 $ 19,069
Schedule of Gains (Losses) on Accounting Hedges	Gains (Losses) on Accounting Hedges Three Months Ended Nine Months Ended September 30, September 30, $ in millions 2024 2023 2024 2023 Fair value hedges—Recognized in Interest income Interest rate contracts $ (1,277) $ 259 $ (686) $ 457 Investment Securities—AFS 1,302 (239) 755 (423) Fair value hedges—Recognized in Interest expense Interest rate contracts $ 5,777 $ (2,742) $ 3,627 $ (2,806) Deposits (227) (15) (235) (31) Borrowings (5,561) 2,781 (3,403) 2,856 Net investment hedges—Foreign exchange contracts Recognized in OCI $ (533) $ 375 $ 122 $ 381 Forward points excluded from hedge effectiveness testing—Recognized in Interest income 50 60 140 166 Cash flow hedges—Interest rate contracts 1 Recognized in OCI $ 34 $ (12) $ (26) $ (30) Less: Realized gains (losses) (pre-tax) reclassified from AOCI to interest income (11) (6) (34) (9) Net change in cash flow hedges included within AOCI 45 (6) 8 (21) 1. For the three months ended September 30, 2024, there were no forecasted transactions that failed to occur. The net gains (losses) associated with cash flow hedges expected to be reclassified from AOCI within 12 months as of September 30, 2024, is approximately $(5) million. The maximum length of time over which forecasted cash flows are hedged is 18 months.
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 $ 55,000 $ 47,179 Basis adjustments included in amortized cost 1 $ 220 $ (732) Deposits Carrying amount currently or previously hedged $ 22,816 $ 10,569 Basis adjustments included in carrying amount 1 $ 204 $ (31) Borrowings Carrying amount currently or previously hedged $ 175,810 $ 158,659 Basis adjustments included in carrying amount — Outstanding hedges $ (5,826) $ (9,219) Basis adjustments included in carrying amount — Terminated hedges $ (654) $ (671) 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 Nine Months Ended September 30, September 30, $ in millions 2024 2023 2024 2023 Recognized in Other revenues Credit contracts 1 $ (101) $ (104) $ (248) $ (330) 1.
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 $ 23,138 $ 21,957 Collateral posted 16,361 16,389
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 $ 213 Two-notch downgrade 458 Bilateral downgrade agreements included in the amounts above 1 $ 543 1.
Schedule of Maximum Potential Payout/Notional of Credit Protection Sold	Maximum Potential Payout/Notional of Credit Protection Sold 1 Years to Maturity at September 30, 2024 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 18 $ 29 $ 41 $ 15 $ 103 Non-investment grade 7 16 17 3 43 Total $ 25 $ 45 $ 58 $ 18 $ 146 Index and basket CDS Investment grade $ 5 $ 11 $ 11 $ 1 $ 28 Non-investment grade 9 23 156 66 254 Total $ 14 $ 34 $ 167 $ 67 $ 282 Total CDS sold $ 39 $ 79 $ 225 $ 85 $ 428 Other credit contracts — — — 3 3 Total credit protection sold $ 39 $ 79 $ 225 $ 88 $ 431 CDS protection sold with identical protection purchased $ 373 Years to Maturity at December 31, 2023 $ in billions < 1 1-3 3-5 Over 5 Total Single-name CDS Investment grade $ 19 $ 29 $ 39 $ 10 $ 97 Non-investment grade 7 14 17 1 39 Total $ 26 $ 43 $ 56 $ 11 $ 136 Index and basket CDS Investment grade $ 8 $ 19 $ 85 $ 4 $ 116 Non-investment grade 8 14 95 17 134 Total $ 16 $ 33 $ 180 $ 21 $ 250 Total CDS sold $ 42 $ 76 $ 236 $ 32 $ 386 Other credit contracts — — — 3 3 Total credit protection sold $ 42 $ 76 $ 236 $ 35 $ 389 CDS protection sold with identical protection purchased $ 330
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 $ 2,122 $ 1,904 Non-investment grade 670 399 Total $ 2,792 $ 2,303 Index and basket CDS Investment grade $ 993 $ 1,929 Non-investment grade 1,416 45 Total $ 2,409 $ 1,974 Total CDS sold $ 5,201 $ 4,277 Other credit contracts 133 314 Total credit protection sold $ 5,334 $ 4,591 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 $ 173 $ 166 Index and basket 252 213 Tranched index and basket 31 30 Total $ 456 $ 409 Fair Value Asset (Liability) $ in millions At At Single name $ (3,222) $ (2,799) Index and basket (1,559) (1,208) Tranched index and basket (1,008) (1,012) Total $ (5,789) $ (5,019)

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of AFS and HTM Securities	AFS and HTM Securities At September 30, 2024 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 68,369 $ 117 $ 500 $ 67,986 U.S. agency securities 2 24,227 6 2,098 22,135 Agency CMBS 5,828 — 365 5,463 State and municipal securities 1,620 4 13 1,611 FFELP student loan ABS 3 641 — 8 633 Total AFS securities 100,685 127 2,984 97,828 HTM securities U.S. Treasury securities 18,169 — 877 17,292 U.S. agency securities 2 42,067 82 6,992 35,157 Agency CMBS 1,245 — 81 1,164 Non-agency CMBS 1,375 6 100 1,281 Total HTM securities 62,856 88 8,050 54,894 Total investment securities $ 163,541 $ 215 $ 11,034 $ 152,722 At December 31, 2023 $ in millions Amortized Cost 1 Gross Unrealized Gains Gross Unrealized Losses Fair Value AFS securities U.S. Treasury securities $ 58,484 $ 24 $ 1,103 $ 57,405 U.S. agency securities 2 25,852 4 2,528 23,328 Agency CMBS 5,871 — 456 5,415 State and municipal securities 1,132 46 5 1,173 FFELP student loan ABS 3 810 — 18 792 Total AFS securities 92,149 74 4,110 88,113 HTM securities U.S. Treasury securities 23,222 — 1,285 21,937 U.S. agency securities 2 40,894 — 7,699 33,195 Agency CMBS 1,337 — 121 1,216 Non-agency CMBS 1,241 2 138 1,105 Total HTM securities 66,694 2 9,243 57,453 Total investment securities $ 158,843 $ 76 $ 13,353 $ 145,566 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.
Schedule of AFS 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 $ 21,410 $ 30 $ 14,295 $ 22 12 months or longer 23,865 470 33,458 1,081 Total 45,275 500 47,753 1,103 U.S. agency securities Less than 12 months 638 1 4,297 43 12 months or longer 20,163 2,097 18,459 2,485 Total 20,801 2,098 22,756 2,528 Agency CMBS Less than 12 months 25 — — — 12 months or longer 5,105 365 5,415 456 Total 5,130 365 5,415 456 State and municipal securities Less than 12 months 620 11 524 3 12 months or longer 36 2 35 2 Total 656 13 559 5 FFELP student loan ABS Less than 12 months 24 — 56 1 12 months or longer 484 8 616 17 Total 508 8 672 18 Total AFS securities in an unrealized loss position Less than 12 months 22,717 42 19,172 69 12 months or longer 49,653 2,942 57,983 4,041 Total $ 72,370 $ 2,984 $ 77,155 $ 4,110
Schedule of Investment Securities by Contractual Maturity	Investment Securities by Contractual Maturity At September 30, 2024 $ in millions Amortized Cost 1 Fair Value Annualized Average Yield 2,3 AFS securities U.S. Treasury securities: Due within 1 year $ 18,132 $ 17,928 2.0 % After 1 year through 5 years 44,001 43,834 3.5 % After 5 years through 10 years 6,236 6,224 4.1 % Total 68,369 67,986 U.S. agency securities: Due within 1 year 10 10 0.7 % After 1 year through 5 years 277 268 1.6 % After 5 years through 10 years 448 420 1.8 % After 10 years 23,492 21,437 3.7 % Total 24,227 22,135 Agency CMBS: After 1 year through 5 years 3,874 3,740 1.9 % After 5 years through 10 years 832 797 1.7 % After 10 years 1,122 926 1.4 % Total 5,828 5,463 State and municipal securities: Due within 1 year 861 861 5.1 % After 1 year through 5 years 305 304 4.6 % After 5 years through 10 years 95 94 4.7 % After 10 Years 359 352 4.0 % Total 1,620 1,611 FFELP student loan ABS: Due within 1 year 12 12 5.8 % After 1 year through 5 years 116 113 6.1 % After 5 years through 10 years 25 24 5.9 % After 10 years 488 484 6.3 % Total 641 633 Total AFS securities $ 100,685 $ 97,828 3.2 % At September 30, 2024 $ in millions Amortized Cost 1 Fair Value Annualized Average Yield 2 HTM securities U.S. Treasury securities: Due within 1 year $ 4,596 $ 4,524 1.4 % After 1 year through 5 years 11,514 11,177 2.2 % After 5 years through 10 years 503 431 1.1 % After 10 years 1,556 1,160 2.3 % Total 18,169 17,292 U.S. agency securities: After 1 year through 5 years 4 4 1.8 % After 5 years through 10 years 243 232 2.1 % After 10 years 41,820 34,921 2.1 % Total 42,067 35,157 Agency CMBS: Due within 1 year 320 314 1.9 % After 1 year through 5 years 695 655 1.2 % After 5 years through 10 years 125 109 1.5 % After 10 years 105 86 1.5 % Total 1,245 1,164 Non-agency CMBS: Due within 1 year 130 108 3.9 % After 1 year through 5 years 476 464 5.0 % After 5 years through 10 years 607 548 3.7 % After 10 years 162 161 5.5 % Total 1,375 1,281 Total HTM securities $ 62,856 $ 54,894 2.1 % Total investment securities $ 163,541 $ 152,722 2.8 % 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 excludes the effect of related hedging derivatives. 3. At September 30, 2024, the annualized average yield, including the interest rate swap accrual of related hedges, was 2.7% for AFS securities contractually maturing within 1 year and 3.9% for all AFS securities.
Schedule of Gross Realized Gains (Losses) on Sales of AFS Securities	Gross Realized Gains (Losses) on Sales of AFS Securities Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Gross realized gains $ — $ 15 $ 50 $ 66 Gross realized (losses) — (1) — (21) Total 1 $ — $ 14 $ 50 $ 45 1. Realized gains and losses are recognized in Other revenues in the income statement.

Collateralized Transactions (Ta

Collateralized Transactions (Tables)	9 Months Ended
	Sep. 30, 2024
Collateralized Agreements [Abstract]
Schedule of Offsetting of Certain Collateralized Transactions	Offsetting of Certain Collateralized Transactions At September 30, 2024 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 356,962 $ (219,610) $ 137,352 $ (135,517) $ 1,835 Securities borrowed 169,645 (37,233) 132,412 (125,108) 7,304 Liabilities Securities sold under agreements to repurchase $ 277,939 $ (219,610) $ 58,329 $ (53,937) $ 4,392 Securities loaned 54,688 (37,233) 17,455 (17,436) 19 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 1,751 Securities borrowed 2,877 Securities sold under agreements to repurchase 2,865 Securities loaned 1 At December 31, 2023 $ in millions Gross Amounts Amounts Offset Balance Sheet Net Amounts Amounts Not Offset 1 Net Amounts Assets Securities purchased under agreements to resell $ 300,242 $ (189,502) $ 110,740 $ (108,893) $ 1,847 Securities borrowed 142,453 (21,362) 121,091 (115,969) 5,122 Liabilities Securities sold under agreements to repurchase $ 252,153 $ (189,502) $ 62,651 $ (58,357) $ 4,294 Securities loaned 36,419 (21,362) 15,057 (15,046) 11 Net amounts for which master netting agreements are not in place or may not be legally enforceable Securities purchased under agreements to resell $ 1,741 Securities borrowed 607 Securities sold under agreements to repurchase 3,014 Securities loaned 2 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 September 30, 2024 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 125,805 $ 92,731 $ 26,800 $ 32,603 $ 277,939 Securities loaned 38,592 — 348 15,748 54,688 Total included in the offsetting disclosure $ 164,397 $ 92,731 $ 27,148 $ 48,351 $ 332,627 Trading liabilities— 12,702 — — — 12,702 Total $ 177,099 $ 92,731 $ 27,148 $ 48,351 $ 345,329 At December 31, 2023 $ in millions Overnight and Open Less than 30 Days 30-90 Days Over 90 Days Total Securities sold under agreements to repurchase $ 80,376 $ 114,826 $ 25,510 $ 31,441 $ 252,153 Securities loaned 21,508 1,345 709 12,857 36,419 Total included in the offsetting disclosure $ 101,884 $ 116,171 $ 26,219 $ 44,298 $ 288,572 Trading liabilities— 13,528 — — — 13,528 Total $ 115,412 $ 116,171 $ 26,219 $ 44,298 $ 302,100 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 $ 88,009 $ 98,377 Other sovereign government obligations 163,345 122,342 Corporate equities 12,951 18,144 Other 13,634 13,290 Total $ 277,939 $ 252,153 Securities loaned Other sovereign government obligations $ 1,261 $ 1,379 Corporate equities 52,311 34,434 Other 1,116 606 Total $ 54,688 $ 36,419 Total included in the offsetting disclosure $ 332,627 $ 288,572 Trading liabilities—Obligation to return securities received as collateral Corporate equities $ 12,685 $ 13,502 Other 17 26 Total $ 12,702 $ 13,528 Total $ 345,329 $ 302,100
Schedule of Carrying Value of Assets Loaned or Pledged Without Counterparty Right to Sell or Repledge	Carrying Value of Assets Loaned or Pledged $ in millions At At Trading assets $ 37,782 $ 37,522
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 $ 884,657 $ 735,830 Collateral that was sold or repledged 1 685,820 553,386 1.
Schedule of Securities Segregated for Regulatory Purposes	Securities Segregated for Regulatory Purposes $ in millions At At Segregated securities 1 $ 24,687 $ 20,670 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 $ 53,092 $ 45,644

Loans, Lending Commitments an_2

Loans, Lending Commitments and Related Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of Loans by Type	Loans by Type At September 30, 2024 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,304 $ 9,094 $ 15,398 Secured lending facilities 45,728 3,612 49,340 Commercial real estate 8,688 154 8,842 Residential real estate 65,001 1 65,002 Securities-based lending and Other 93,395 1 93,396 Total loans 219,116 12,862 231,978 ACL (1,104) (1,104) Total loans, net $ 218,012 $ 12,862 $ 230,874 Loans to non-U.S. borrowers, net $ 23,319 $ 4,037 $ 27,356 At December 31, 2023 $ in millions HFI Loans HFS Loans Total Loans Corporate $ 6,758 $ 11,862 $ 18,620 Secured lending facilities 39,498 3,161 42,659 Commercial real estate 8,678 209 8,887 Residential real estate 60,375 22 60,397 Securities-based lending and Other 89,245 1 89,246 Total loans 204,554 15,255 219,809 ACL (1,169) (1,169) Total loans, net $ 203,385 $ 15,255 $ 218,640 Loans to non-U.S. borrowers, net $ 21,152 $ 5,043 $ 26,195
Schedule of Loans by Interest Rate Type	Loans by Interest Rate Type At September 30, 2024 At December 31, 2023 $ in millions Fixed Rate Floating or Adjustable Rate Fixed Rate Floating or Adjustable Rate Corporate $ — $ 15,397 $ — $ 18,620 Secured lending facilities — 49,341 — 42,659 Commercial real estate 141 8,700 141 8,746 Residential real estate 30,492 34,510 28,934 31,464 Securities-based lending and Other 24,764 68,633 23,922 65,323 Total loans, before ACL $ 55,397 $ 176,581 $ 52,997 $ 166,812
Schedule of Loans Held for Investment	Loans Held for Investment before Allowance by Credit Quality and Origination Year At September 30, 2024 At December 31, 2023 Corporate $ in millions IG NIG Total IG NIG Total Revolving $ 2,083 $ 3,953 $ 6,036 $ 2,350 $ 3,863 $ 6,213 2024 53 12 65 2023 — 50 50 — 88 88 2022 — 28 28 — 166 166 2021 15 75 90 15 89 104 2020 9 26 35 29 25 54 Prior — — — — 133 133 Total $ 2,160 $ 4,144 $ 6,304 $ 2,394 $ 4,364 $ 6,758 At September 30, 2024 At December 31, 2023 Secured Lending Facilities $ in millions IG NIG Total IG NIG Total Revolving $ 10,512 $ 25,384 $ 35,896 $ 9,494 $ 22,240 $ 31,734 2024 818 2,474 3,292 2023 1,423 1,333 2,756 1,535 1,459 2,994 2022 286 2,243 2,529 392 2,390 2,782 2021 — 285 285 — 365 365 2020 — — — — 80 80 Prior 100 870 970 356 1,187 1,543 Total $ 13,139 $ 32,589 $ 45,728 $ 11,777 $ 27,721 $ 39,498 At September 30, 2024 At December 31, 2023 Commercial Real Estate $ in millions IG NIG Total IG NIG Total Revolving $ — $ 176 $ 176 $ — $ 170 $ 170 2024 112 1,699 1,811 2023 409 810 1,219 261 1,067 1,328 2022 245 1,855 2,100 284 1,900 2,184 2021 145 1,743 1,888 370 1,494 1,864 2020 — 430 430 — 756 756 Prior — 1,064 1,064 195 2,181 2,376 Total $ 911 $ 7,777 $ 8,688 $ 1,110 $ 7,568 $ 8,678 At September 30, 2024 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 126 $ 38 $ 5 $ 169 $ — $ 169 2024 6,403 1,151 117 6,935 736 7,671 2023 6,946 1,449 210 7,703 902 8,605 2022 10,444 2,346 375 12,125 1,040 13,165 2021 10,646 2,274 233 12,253 900 13,153 2020 6,591 1,363 99 7,640 413 8,053 Prior 10,848 2,932 405 13,161 1,024 14,185 Total $ 52,004 $ 11,553 $ 1,444 $ 59,986 $ 5,015 $ 65,001 At December 31, 2023 Residential Real Estate by FICO Scores by LTV Ratio Total $ in millions ≥ 740 680-739 ≤ 679 ≤ 80% > 80% Revolving $ 108 $ 33 $ 8 $ 149 $ — $ 149 2023 7,390 1,517 230 8,168 969 9,137 2022 10,927 2,424 389 12,650 1,090 13,740 2021 11,075 2,376 239 12,763 927 13,690 2020 6,916 1,430 104 8,017 433 8,450 Prior 11,642 3,131 436 14,106 1,103 15,209 Total $ 48,058 $ 10,911 $ 1,406 $ 55,853 $ 4,522 $ 60,375 At September 30, 2024 Securities-based lending 1 Other 2 $ in millions IG NIG Total Revolving $ 73,585 $ 6,672 $ 1,605 $ 81,862 2024 1,003 562 361 1,926 2023 962 434 656 2,052 2022 642 463 1,114 2,219 2021 100 103 483 686 2020 39 239 481 759 Prior 231 1,214 2,446 3,891 Total $ 76,562 $ 9,687 $ 7,146 $ 93,395 At December 31, 2023 Securities-based lending 1 Other 2 $ in millions IG NIG Total Revolving $ 71,474 $ 5,230 $ 1,362 $ 78,066 2023 1,612 627 346 2,585 2022 1,128 816 804 2,748 2021 165 330 377 872 2020 — 435 414 849 Prior 215 2,096 1,814 4,125 Total $ 74,594 $ 9,534 $ 5,117 $ 89,245 IG—Investment Grade NIG—Non-investment Grade 1. Securities-based loans are subject to collateral maintenance provisions, and at September 30, 2024 and December 31, 2023, 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 2023 Form 10-K. 2. Other loans primarily include certain loans originated in the tailored lending business within the Wealth Management business segment, which typically consist of bespoke lending arrangements provided to ultra-high worth net clients. These facilities are generally secured by eligible collateral. Past Due Loans Held for Investment before Allowance 1 $ in millions At September 30, 2024 At December 31, 2023 Corporate $ — $ 47 Commercial real estate 182 185 Residential real estate 147 160 Securities-based lending and Other 87 1 Total $ 416 $ 393 1. As of September 30, 2024, the majority of the amounts are 90 days or more past due. As of December 31, 2023, the majority of the amounts are past due for a period of less than 90 days. Nonaccrual Loans Held for Investment before Allowance 1 $ in millions At September 30, 2024 At December 31, 2023 Corporate $ 75 $ 95 Secured lending facilities 6 87 Commercial real estate 469 426 Residential real estate 119 95 Securities-based lending and Other 267 174 Total $ 936 $ 877 Nonaccrual loans without an ACL $ 200 $ 86 1. There were no loans held for investment that were 90 days or more past due and still accruing as of September 30, 2024 and December 31, 2023. For further information on the Firm’s nonaccrual policy, see Note 2 to the financial statements in the 2023 Form 10-K.
Schedule of Modified Loans and Troubled Debt Restructurings	Modified Loans Held for Investment Period-end loans held for investment modified during the following periods 1 Three Months Ended September 30, 2024 2023 $ in millions Amortized Cost % of Total Loans 2 Amortized Cost % of Total Loans 2 Term Extension Corporate $ 30 0.5 % $ 82 1.1 % Commercial real estate 56 0.6 % 198 2.4 % Securities-based lending and Other 21 — % 105 0.1 % Total Modifications $ 107 — % $ 385 0.2 % Nine Months Ended September 30, 2024 2023 $ in millions Amortized Cost % of Total Loans 2 Amortized Cost % of Total Loans 2 Term Extension Corporate $ 136 2.2 % $ 114 1.6 % Commercial real estate 136 1.6 % 219 2.6 % Residential real estate — — % 1 — % Securities-based lending and Other 149 0.2 % 129 0.1 % Total $ 421 0.2 % $ 463 0.3 % Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay Commercial real estate $ — — % $ 40 0.5 % Residential real estate 1 — % — — % Total $ 1 — % $ 40 0.5 % Total Modifications $ 422 0.2 % $ 503 0.3 % 1. Lending commitments to borrowers for which the Firm has modified terms of the receivable, during the three months ended September 30, 2024 and 2023, were $212 million and $424 million, as of September 30, 2024 and September 30, 2023, respectively. Lending commitments to borrowers for which the Firm has modified terms of the receivable, during the nine months ended September 30, 2024 and 2023, were $676 million and $877 million, as of September 30, 2024 and September 30, 2023, respectively. 2. Percentage of total loans represents the percentage of modified loans to total loans held for investment by loan type. Financial Effect of Modifications on Loans Held for Investment Three Months Ended September 30, 2024 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 11 0 $ — — % Commercial real estate 27 0 — — % Securities-based lending and Other 12 0 — — % Three Months Ended September 30, 2023 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 23 0 $ — — % Commercial real estate 3 0 — — % Securities-based lending and Other 4 0 — — % Nine Months Ended September 30, 2024 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 23 0 $ — — % Commercial real estate 14 0 — — % Securities-based lending and Other 21 0 — — % Multiple Modifications - Term Extension and Interest Rate Reduction Residential real estate 120 0 $ — 1 % Nine Months Ended September 30, 2023 1 Term Extension Other-than-insignificant Payment Delay Principal Forgiveness ($ millions) Interest Rate Reduction Single Modifications Corporate 21 0 $ — — % Commercial real estate 3 0 — — % Residential real estate 4 0 — — % Securities-based lending and Other 8 0 — — % Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay Commercial real estate 7 6 $ — — % 1. In instances where more than one loan was modified, modification impact is presented on a weighted-average basis. Past Due Loans Held for Investment Modified in the Last 12 months At September 30, 2024 $ in millions 30-89 Days Past Due 90+ Days Total Commercial real estate $ — $ 67 $ 67 Securities-based lending and Other loans 42 — 42 Total $ 42 $ 67 $ 109 At September 30, 2023 $ in millions 30-89 Days Past Due 90+ days Total Commercial real estate $ 21 $ — $ 21 Residential real estate — 1 1 Total $ 21 $ 1 $ 22
Summary of Credit Losses and Schedule of Allowance for Credit Losses Rollforward - Loans and Lending Commitments . Summary of Gross Charge-offs by Origination Year	Provision for Credit Losses Three Months Ended September 30, Nine Months Ended September 30, $ in millions 2024 2023 2024 2023 Loans $ 18 $ 123 $ 81 $ 462 Lending commitments 61 11 68 67 Allowance for Credit Losses Rollforward and Allocation—Loans and Lending Commitments Nine Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total ACL—Loans Beginning balance $ 241 $ 153 $ 463 $ 100 $ 212 $ 1,169 Gross charge-offs (39) (11) (103) — (2) (155) Recoveries — — 4 — 3 7 Net (charge-offs) recoveries (39) (11) (99) — 1 (148) Provision (release) 24 (12) 44 (10) 35 81 Other 1 — 3 — (2) 2 Ending balance $ 227 $ 130 $ 411 $ 90 $ 246 $ 1,104 Percent of loans to total loans 1 3 % 21 % 4 % 30 % 42 % 100 % ACL—Lending commitments Beginning balance $ 431 $ 70 $ 26 $ 4 $ 20 $ 551 Provision (release) 41 19 9 — (1) 68 Other (1) 1 — — — — Ending balance $ 471 $ 90 $ 35 $ 4 $ 19 $ 619 Total ending balance $ 698 $ 220 $ 446 $ 94 $ 265 $ 1,723 Nine Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total ACL—Loans Beginning balance $ 235 $ 153 $ 275 $ 87 $ 89 $ 839 Gross charge-offs (30) — (108) — (3) (141) Recoveries — — — 1 — 1 Net (charge-offs) recoveries (30) — (108) 1 (3) (140) Provision (release) 44 2 261 22 133 462 Other (1) (1) (2) — — (4) Ending balance $ 248 $ 154 $ 426 $ 110 $ 219 $ 1,157 Percent of loans to total loans 1 4 % 19 % 4 % 28 % 45 % 100 % ACL—Lending commitments Beginning balance $ 411 $ 51 $ 15 $ 4 $ 23 $ 504 Provision (release) 29 24 12 — 2 67 Other (1) — (1) — — (2) Ending balance $ 439 $ 75 $ 26 $ 4 $ 25 $ 569 Total ending balance $ 687 $ 229 $ 452 $ 114 $ 244 $ 1,726 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. Gross Charge-offs by Origination Year Three Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (39) $ — $ — $ — $ — $ (39) 2022 — — (18) — — (18) Prior — — (44) — — (44) Total $ (39) $ — $ (62) $ — $ — $ (101) Three Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total 2020 — — — — (1) (1) 2019 — — (39) — — (39) Total $ — $ — $ (39) $ — $ (1) $ (40) Nine Months Ended September 30, 2024 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (39) $ — $ — $ — $ — $ (39) 2022 — — (18) — — (18) 2021 — — — — (2) (2) 2020 — (11) — — — (11) Prior — — (85) — — (85) Total $ (39) $ (11) $ (103) $ — $ (2) $ (155) Nine Months Ended September 30, 2023 $ in millions Corporate Secured Lending Facilities CRE Residential Real Estate SBL and Other Total Revolving $ (30) $ — $ — $ — $ — $ (30) 2020 — — — — (2) (2) 2019 — — (68) — (1) (69) Prior — — (40) — — (40) Total $ (30) $ — $ (108) $ — $ (3) $ (141)
Schedule of Selected Credit Ratios	Selected Credit Ratios At At ACL for loans to total HFI loans 0.5 % 0.6 % Nonaccrual HFI loans to total HFI loans 0.4 % 0.4 % ACL for loans to nonaccrual HFI loans 117.9 % 133.3 %
Schedule of Employee Loans	Employee Loans $ in millions At At Currently employed by the Firm 1 $ 4,182 $ 4,257 No longer employed by the Firm 2 86 92 Employee loans $ 4,268 $ 4,349 ACL (109) (121) Employee loans, net of ACL $ 4,159 $ 4,228 Remaining repayment term, weighted average in years 5.7 5.8 1. These loans are predominantly current. 2. These loans are predominantly past due for a period of 90 days or more.

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	Equity Method Investments $ in millions At At Investments $ 2,202 $ 1,915 Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Income (loss) $ 75 $ 19 $ 185 $ 105
Schedule of Joint Ventures	Japanese Securities Joint Venture Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Income (loss) from investment in MUMSS $ 52 $ 10 $ 128 $ 102
Summary of Tax Equity Investments under the Proportional Amortization Method	Tax Equity Investments under the Proportional Amortization Method $ in millions At At Low-income housing 1 $ 1,790 $ 1,699 Renewable energy and other 2 29 — Total 3 $ 1,819 $ 1,699 1. Amounts include unfunded equity contributions of $620 million and $661 million as of September 30, 2024 and December 31, 2023, respectively. The corresponding liabilities for the commitments to fund these equity contributions are recorded in Other liabilities and accrued expenses. The majority of these commitments are expected to be funded within 5 years. 2. Prior to adoption of the Investments - Tax Credit Structures accounting update on January 1, 2024, Renewable energy and other investments were accounted for under the equity method. 3. At September 30, 2024, this amount excludes $48 million of tax equity investments within programs for which the Firm elected the proportional amortization method that do not meet the conditions to apply the proportional amortization method, which are accounted for as equity method investments.
Summary of Net Benefits Attributable to Tax Equity Investments under the Proportional Amortization Met	Net Benefits Attributable to Tax Equity Investments under the Proportional Amortization Method Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Income tax credits and other income tax benefits $ 74 $ 60 $ 227 $ 184 Proportional amortization (59) (49) (177) (148) Net benefits $ 15 $ 11 $ 50 $ 36

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2024
Deposits [Abstract]
Schedule of Deposits	Deposits $ in millions At At Savings and demand deposits $ 285,849 $ 288,252 Time deposits 77,873 63,552 Total $ 363,722 $ 351,804 Deposits subject to FDIC insurance $ 290,565 $ 276,598 Deposits not subject to FDIC insurance $ 73,157 $ 75,206
Schedule of Time Deposit Maturities	Time Deposit Maturities $ in millions At 2024 $ 10,698 2025 32,435 2026 15,553 2027 9,143 2028 5,830 Thereafter 4,214 Total $ 77,873

Borrowings and Other Secured _2

Borrowings and Other Secured Financings (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Borrowings	Borrowings $ in millions At At Original maturities of one year or less $ 6,957 $ 3,188 Original maturities greater than one year Senior $ 277,087 $ 248,174 Subordinated 14,136 12,370 Total greater than one year $ 291,223 $ 260,544 Total $ 298,180 $ 263,732 Weighted average stated maturity, in years 1 6.5 6.6 1. Only includes borrowings with original maturities greater than one year.
Schedule of Other Secured Financings	Other Secured Financings $ in millions At At Original maturities: One year or less $ 13,857 $ 5,732 Greater than one year 4,286 6,923 Total $ 18,143 $ 12,655 Transfers of assets accounted for as secured financings $ 9,419 $ 5,848

Commitments, Guarantees and C_2

Commitments, Guarantees and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments	Commitments Years to Maturity at September 30, 2024 $ in millions Less than 1 1-3 3-5 Over 5 Total Lending: Corporate $ 17,694 $ 41,246 $ 63,961 $ 4,243 $ 127,144 Secured lending facilities 6,642 7,054 5,207 3,445 22,348 Commercial and Residential real estate 262 476 123 390 1,251 Securities-based lending and Other 16,532 2,086 485 455 19,558 Forward-starting secured financing receivables 1 140,981 1,041 — — 142,022 Central counterparty 300 — — 17,406 17,706 Underwriting 775 — — — 775 Investment activities 1,752 90 88 461 2,391 Letters of credit and other financial guarantees 29 16 — 7 52 Total $ 184,967 $ 52,009 $ 69,864 $ 26,407 $ 333,247 Lending commitments participated to third parties $ 9,967 1. These amounts primarily include secured financing receivables yet to settle as of September 30, 2024, with settlement generally occurring within three business days. These amounts also include commitments to enter into certain collateralized financing transactions.
Schedule of Obligations under Guarantee Arrangements	Guarantees At September 30, 2024 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 $ 1,383,450 $ 786,666 $ 178,523 $ 488,219 $ (28,344) Standby letters of credit and other financial guarantees issued 2,3 1,749 1,002 1,097 2,692 9 Liquidity facilities 2,347 — — — 2 Whole loan sales guarantees 9 78 — 23,071 — Securitization representations and warranties 4 — — — 85,252 — General partner guarantees 171 32 133 30 (95) Client clearing guarantees 290 — — — — 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 $0.6 billion of notional and collateral/recourse, due to the nature of the Firm’s obligations under these arrangements. 3. As of September 30, 2024, the carrying amount of standby letters of credit and other financial guarantees issued includes an allowance for credit losses of $58 million. 4. Related to commercial and residential mortgage securitizations.
Schedule of Litigation Expenses	Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Legal expenses $ 24 $ 18 $ 10 $ 214

Variable Interest Entities an_2

Variable Interest Entities and Securitization Activities (Tables)	9 Months Ended
	Sep. 30, 2024
Variable Interest Entities and Securitization Activities [Abstract]
Schedule of Consolidated VIEs	Consolidated VIE Assets and Liabilities by Type of Activity At September 30, 2024 At December 31, 2023 $ in millions VIE Assets VIE Liabilities VIE Assets VIE Liabilities MABS 1 $ 759 $ 265 $ 597 $ 256 Investment vehicles 2 775 573 753 502 MTOB 681 630 582 520 Other 292 98 378 97 Total $ 2,507 $ 1,566 $ 2,310 $ 1,375 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. 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 $ 105 $ 164 Trading assets at fair value 2,061 1,557 Investment securities 287 492 Securities purchased under agreements to resell 33 67 Customer and other receivables 19 26 Other assets 2 4 Total $ 2,507 $ 2,310 Liabilities Other secured financings $ 1,382 $ 1,222 Other liabilities and accrued expenses 119 121 Borrowings 65 32 Total $ 1,566 $ 1,375 Noncontrolling interests $ 52 $ 54
Schedule of Non-Consolidated VIEs	Non-consolidated VIEs At September 30, 2024 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 169,011 $ 5,193 $ 3,529 $ 3,942 $ 75,964 Maximum exposure to loss 3 Debt and equity interests $ 26,255 $ 307 $ — $ 2,441 $ 10,822 Derivative and other contracts — — 2,347 — 4,899 Commitments, guarantees and other 6,784 — — — 173 Total $ 33,039 $ 307 $ 2,347 $ 2,441 $ 15,894 Carrying value of variable interests—Assets Debt and equity interests $ 26,255 $ 307 $ — $ 1,952 $ 10,791 Derivative and other contracts — — 5 — 1,524 Total $ 26,255 $ 307 $ 5 $ 1,952 $ 12,315 Additional VIE assets owned 4 $ 15,894 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 3 $ — $ 448 Total $ — $ — $ 3 $ — $ 448 At December 31, 2023 $ in millions MABS 1 CDO MTOB OSF Other 2 VIE assets (UPB) $ 144,906 $ 1,526 $ 3,152 $ 3,102 $ 50,052 Maximum exposure to loss 3 Debt and equity interests $ 21,203 $ 52 $ — $ 2,049 $ 9,076 Derivative and other contracts — — 2,092 — 4,452 Commitments, guarantees and other 3,439 — — — 55 Total $ 24,642 $ 52 $ 2,092 $ 2,049 $ 13,583 Carrying value of variable interests – Assets Debt and equity interests $ 21,203 $ 52 $ — $ 1,682 $ 9,075 Derivative and other contracts — — 2 — 1,330 Total $ 21,203 $ 52 $ 2 $ 1,682 $ 10,405 Additional VIE assets owned 4 $ 15,002 Carrying value of variable interests—Liabilities Derivative and other contracts $ — $ — $ 3 $ — $ 452 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.
Schedule of Mortgage- and Asset-Backed Securitization Assets	Detail of Mortgage- and Asset-Backed Securitization Assets At September 30, 2024 At December 31, 2023 $ in millions UPB Debt and Equity Interests UPB Debt and Equity Interests Residential mortgages $ 18,547 $ 2,984 $ 17,346 $ 3,355 Commercial mortgages 77,915 8,937 74,590 8,342 U.S. agency collateralized mortgage obligations 42,255 6,371 42,917 6,675 Other consumer or commercial loans 30,294 7,963 10,053 2,831 Total $ 169,011 $ 26,255 $ 144,906 $ 21,203
Schedule of Transferred Assets with Continuing Involvement	Transferred Assets with Continuing Involvement At September 30, 2024 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2,3 $ 5,968 $ 75,286 $ 19,432 $ 13,153 Retained interests Investment grade $ 184 $ 542 $ 945 $ — Non-investment grade 134 898 — 55 Total $ 318 $ 1,440 $ 945 $ 55 Interests purchased in the secondary market 3 Investment grade $ 81 $ 17 $ 74 $ — Non-investment grade 6 21 — — Total $ 87 $ 38 $ 74 $ — Derivative assets $ — $ — $ — $ 1,326 Derivative liabilities — — — 374 At December 31, 2023 $ in millions RML CML U.S. Agency CMO CLN and Other 1 SPE assets (UPB) 2,3 $ 4,333 $ 73,818 $ 12,083 $ 12,438 Retained interests Investment grade $ 149 $ 653 $ 460 $ — Non-investment grade 83 788 — 69 Total $ 232 $ 1,441 $ 460 $ 69 Interests purchased in the secondary market 3 Investment grade $ 20 $ 22 $ 42 $ — Non-investment grade — 16 — — Total $ 20 $ 38 $ 42 $ — Derivative assets $ — $ — $ — $ 1,073 Derivative liabilities — — — 426 Fair Value At September 30, 2024 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 1,053 $ — $ 1,053 Non-investment grade 11 73 84 Total $ 1,064 $ 73 $ 1,137 Interests purchased in the secondary market 3 Investment grade $ 169 $ 3 $ 172 Non-investment grade 17 10 27 Total $ 186 $ 13 $ 199 Derivative assets $ 1,326 $ — $ 1,326 Derivative liabilities 374 — 374 Fair Value at December 31, 2023 $ in millions Level 2 Level 3 Total Retained interests Investment grade $ 576 $ — $ 576 Non-investment grade 10 56 66 Total $ 586 $ 56 $ 642 Interests purchased in the secondary market 3 Investment grade $ 77 $ 7 $ 84 Non-investment grade 12 4 16 Total $ 89 $ 11 $ 100 Derivative assets $ 1,073 $ — $ 1,073 Derivative liabilities 426 — 426 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. 3. Amounts include transactions where the Firm also holds retained interests as part of the transfer.
Schedule of Proceeds from New Securitization Transactions and Sales of Loans	Proceeds from New Securitization Transactions and Sales of Loans Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 New transactions 1 $ 7,562 $ 9,132 $ 24,160 $ 15,257 Retained interests 850 115 5,041 2,767 1.
Schedule of Assets Sold with Retained Exposure	Assets Sold with Retained Exposure $ in millions At At Gross cash proceeds from sale of assets 1 $ 79,720 $ 60,766 Fair value Assets sold $ 81,720 $ 62,221 Derivative assets recognized in the balance sheet 2,194 1,546 Derivative liabilities recognized in the balance sheet 194 93 1.

Regulatory Requirements (Tables

Regulatory Requirements (Tables)	9 Months Ended
	Sep. 30, 2024
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	Capital Buffer Requirements At September 30, 2024 and December 31, 2023 Standardized Advanced Capital buffers Capital conservation buffer — 2.5% SCB 5.4% N/A G-SIB capital surcharge 3.0% 3.0% CCyB 1 0% 0% Capital buffer requirement 8.4% 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 September 30, 2024 and December 31, 2023 Standardized Advanced Required ratios 1 CET1 capital ratio 4.5 % 12.9% 10.0% Tier 1 capital ratio 6.0 % 14.4% 11.5% Total capital ratio 8.0 % 16.4% 13.5% 1. Required ratios represent the regulatory minimum plus the capital buffer requirement. The Firm’s Regulatory Capital and Capital Ratios Risk-based capital Standardized $ in millions At September 30, 2024 At December 31, 2023 Risk-based capital CET1 capital $ 73,906 $ 69,448 Tier 1 capital 83,744 78,183 Total capital 95,301 88,874 Total RWA 490,293 456,053 Risk-based capital ratio CET1 capital 15.1 % 15.2 % Tier 1 capital 17.1 % 17.1 % Total capital 19.4 % 19.5 % Required ratio 1 CET1 capital 12.9 % 12.9 % Tier 1 capital 14.4 % 14.4 % Total capital 16.4 % 16.4 % 1. Required ratios are inclusive of any buffers applicable as of the date presented. Leveraged-based capital $ in millions At September 30, 2024 At December 31, 2023 Leveraged-based capital Adjusted average assets 1 $ 1,218,361 $ 1,159,626 Supplementary leverage exposure 2 1,517,290 1,429,552 Leveraged-based capital ratio Tier 1 leverage 6.9 % 6.7 % SLR 5.5 % 5.5 % Required ratio 3 Tier 1 leverage 4.0 % 4.0 % SLR 5.0 % 5.0 % 1. 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 our own capital instruments, certain deferred tax assets and other capital deductions. 2. 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. 3.
MSBNA
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	MSBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At September 30, 2024 At December 31, 2023 $ in millions Amount Ratio Amount Ratio Risk-based capital CET1 capital 6.5 % 7.0 % $ 24,752 23.0 % $ 21,925 21.7 % Tier 1 capital 8.0 % 8.5 % 24,752 23.0 % 21,925 21.7 % Total capital 10.0 % 10.5 % 25,607 23.8 % 22,833 22.6 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 24,752 11.3 % $ 21,925 10.6 % SLR 6.0 % 3.0 % 24,752 8.6 % 21,925 8.2 %
MSPBNA
Regulatory Requirements
Schedule of Regulatory Capital and Capital Ratios	MSPBNA’s Regulatory Capital Well-Capitalized Requirement Required Ratio 1 At September 30, 2024 At December 31, 2023 $ in millions Amount Ratio Amount Ratio Risk-based capital CET1 capital 6.5 % 7.0 % $ 17,177 27.3 % $ 15,388 25.8 % Tier 1 capital 8.0 % 8.5 % 17,177 27.3 % 15,388 25.8 % Total capital 10.0 % 10.5 % 17,496 27.8 % 15,675 26.3 % Leverage-based capital Tier 1 leverage 5.0 % 4.0 % $ 17,177 8.3 % $ 15,388 7.5 % SLR 6.0 % 3.0 % 17,177 8.0 % 15,388 7.2 % 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.
MS&Co.
Regulatory Requirements
Schedule of Broker-Dealer Regulatory Capital Requirements	MS&Co. Regulatory Capital $ in millions At September 30, At December 31, Net capital $ 17,160 $ 18,121 Excess net capital 12,342 13,676

Total Equity (Tables)

Total Equity (Tables)	9 Months Ended
	Sep. 30, 2024
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 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 P 40,000 25,000 1,000 1,000 Q 40,000 25,000 1,000 — Total $ 9,750 $ 8,750 Shares authorized 30,000,000 1. Series C preferred stock is held by MUFG. Dividends $ in millions, except per Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 400 $ 17 $ 396 $ 17 C 25 13 25 13 E 455 16 445 15 F 439 15 430 15 I 398 16 398 16 K 366 15 366 15 L 305 6 305 6 M 2 30 12 29 12 N 3 2,215 6 2,226 7 O 266 13 266 14 P 406 17 406 16 Q 345 14 — — Total Preferred stock $ 160 $ 146 Common stock $ 0.925 $ 1,492 $ 0.850 $ 1,404 $ in millions, except per Nine Months Ended Nine Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 1,190 $ 52 $ 1,116 $ 49 C 75 39 75 39 E 1,351 47 1,336 46 F 1,308 44 1,289 44 I 1,195 48 1,195 48 K 1,097 44 1,097 44 L 914 18 914 18 M 2 59 24 59 24 N 3 6,726 20 6,928 21 O 797 41 797 41 P 1,219 49 1,219 49 Q 345 14 — — Total Preferred stock $ 440 $ 423 Common stock $ 2.625 $ 4,259 $ 2.400 $ 4,001 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 3. Series N was payable semiannually until March 15, 2023 and thereafter is payable quarterly.
Schedule of Share Repurchases	Share Repurchases Three Months Ended September 30, Nine Months Ended September 30, $ in millions 2024 2023 2024 2023 Repurchases of common stock under the Firm’s Share Repurchase Authorization $ 750 $ 1,500 $ 2,500 $ 4,000
Schedule of Common Shares Outstanding for Basic and Diluted EPS	Common Shares Outstanding for Basic and Diluted EPS Three Months Ended Nine Months Ended in millions 2024 2023 2024 2023 Weighted average common shares outstanding, basic 1,588 1,624 1,594 1,635 Effect of dilutive RSUs and PSUs 21 19 18 18 Weighted average common shares outstanding and common stock equivalents, diluted 1,609 1,643 1,612 1,653 Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) — — — 3
Schedule of Common Stock Dividends Per Share	Dividends $ in millions, except per Three Months Ended Three Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 400 $ 17 $ 396 $ 17 C 25 13 25 13 E 455 16 445 15 F 439 15 430 15 I 398 16 398 16 K 366 15 366 15 L 305 6 305 6 M 2 30 12 29 12 N 3 2,215 6 2,226 7 O 266 13 266 14 P 406 17 406 16 Q 345 14 — — Total Preferred stock $ 160 $ 146 Common stock $ 0.925 $ 1,492 $ 0.850 $ 1,404 $ in millions, except per Nine Months Ended Nine Months Ended Per Share 1 Total Per Share 1 Total Preferred stock series A $ 1,190 $ 52 $ 1,116 $ 49 C 75 39 75 39 E 1,351 47 1,336 46 F 1,308 44 1,289 44 I 1,195 48 1,195 48 K 1,097 44 1,097 44 L 914 18 914 18 M 2 59 24 59 24 N 3 6,726 20 6,928 21 O 797 41 797 41 P 1,219 49 1,219 49 Q 345 14 — — Total Preferred stock $ 440 $ 423 Common stock $ 2.625 $ 4,259 $ 2.400 $ 4,001 1. Common and Preferred Stock dividends are payable quarterly unless otherwise noted. 2. Series M is payable semiannually until September 15, 2026 and thereafter will be payable quarterly. 3. Series N was payable semiannually until March 15, 2023 and thereafter is payable quarterly.
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) 1 $ in millions CTA AFS Securities Pension and Other DVA Cash Flow Hedges Total June 30, 2024 $ (1,355) $ (2,917) $ (582) $ (1,894) $ (12) $ (6,760) OCI during the period 184 723 3 (170) 34 774 September 30, 2024 $ (1,171) $ (2,194) $ (579) $ (2,064) $ 22 $ (5,986) June 30, 2023 $ (1,199) $ (3,701) $ (510) $ (873) $ (17) $ (6,300) OCI during the period (120) (366) (1) (412) (3) (902) September 30, 2023 $ (1,319) $ (4,067) $ (511) $ (1,285) $ (20) $ (7,202) December 31, 2023 $ (1,153) $ (3,094) $ (595) $ (1,595) $ 16 $ (6,421) OCI during the period (18) 900 16 (469) 6 435 September 30, 2024 $ (1,171) $ (2,194) $ (579) $ (2,064) $ 22 $ (5,986) December 31, 2022 $ (1,204) $ (4,192) $ (508) $ (345) $ (4) $ (6,253) OCI during the period (115) 125 (3) (940) (16) (949) September 30, 2023 $ (1,319) $ (4,067) $ (511) $ (1,285) $ (20) $ (7,202) 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 September 30, 2024 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ 124 $ 160 $ 284 $ 100 $ 184 Reclassified to earnings — — — — — Net OCI $ 124 $ 160 $ 284 $ 100 $ 184 Change in net unrealized gains (losses) on AFS securities OCI activity $ 947 $ (224) $ 723 $ — $ 723 Reclassified to earnings — — — — — Net OCI $ 947 $ (224) $ 723 $ — $ 723 Pension and other OCI activity $ 1 $ — $ 1 $ — $ 1 Reclassified to earnings 5 (3) 2 — 2 Net OCI $ 6 $ (3) $ 3 $ — $ 3 Change in net DVA OCI activity $ (234) $ 57 $ (177) $ (5) $ (172) Reclassified to earnings 4 (2) 2 — 2 Net OCI $ (230) $ 55 $ (175) $ (5) $ (170) Change in fair value of cash flow hedge derivatives OCI activity $ 33 $ (8) $ 25 $ — $ 25 Reclassified to earnings 11 (2) 9 — 9 Net OCI $ 44 $ (10) $ 34 $ — $ 34 Three Months Ended September 30, 2023 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (38) $ (111) $ (149) $ (29) $ (120) Reclassified to earnings — — — — — Net OCI $ (38) $ (111) $ (149) $ (29) $ (120) Change in net unrealized gains (losses) on AFS securities OCI activity $ (464) $ 108 $ (356) $ — $ (356) Reclassified to earnings (14) 4 (10) — (10) Net OCI $ (478) $ 112 $ (366) $ — $ (366) Pension and other OCI activity $ — $ — $ — $ — $ — Reclassified to earnings (1) — (1) — (1) Net OCI $ (1) $ — $ (1) $ — $ (1) Change in net DVA OCI activity $ (549) $ 130 $ (419) $ (2) $ (417) Reclassified to earnings 6 (1) 5 — 5 Net OCI $ (543) $ 129 $ (414) $ (2) $ (412) Change in fair value of cash flow hedge derivatives OCI activity $ (12) $ 3 $ (9) $ — $ (9) Reclassified to earnings 6 — 6 — 6 Net OCI $ (6) $ 3 $ (3) $ — $ (3) Nine Months Ended September 30, 2024 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (5) $ (26) $ (31) $ (13) $ (18) Reclassified to earnings — — — — — Net OCI $ (5) $ (26) $ (31) $ (13) $ (18) Change in net unrealized gains (losses) on AFS securities OCI activity $ 1,229 $ (291) $ 938 $ — $ 938 Reclassified to earnings (50) 12 (38) — (38) Net OCI $ 1,179 $ (279) $ 900 $ — $ 900 Pension and other OCI activity $ 6 $ — $ 6 $ — $ 6 Reclassified to earnings 15 (5) 10 — 10 Net OCI $ 21 $ (5) $ 16 $ — $ 16 Change in net DVA OCI activity $ (630) $ 151 $ (479) $ 6 $ (485) Reclassified to earnings 21 (5) 16 — 16 Net OCI $ (609) $ 146 $ (463) $ 6 $ (469) Change in fair value of cash flow hedge derivatives OCI activity $ (26) $ 6 $ (20) $ — $ (20) Reclassified to earnings 34 (8) 26 — 26 Net OCI $ 8 $ (2) $ 6 $ — $ 6 Nine Months Ended September 30, 2023 $ in millions Pre-tax Gain (Loss) Income Tax Benefit (Provision) After-tax Gain (Loss) Non-controlling Interests Net CTA OCI activity $ (136) $ (104) $ (240) $ (125) $ (115) Reclassified to earnings — — — — — Net OCI $ (136) $ (104) $ (240) $ (125) $ (115) Change in net unrealized gains (losses) on AFS securities OCI activity $ 208 $ (49) $ 159 $ — $ 159 Reclassified to earnings (45) 11 (34) — (34) Net OCI $ 163 $ (38) $ 125 $ — $ 125 Pension and other OCI activity $ (1) $ — $ (1) $ — $ (1) Reclassified to earnings (2) — (2) — (2) Net OCI $ (3) $ — $ (3) $ — $ (3) Change in net DVA OCI activity $ (1,283) $ 311 $ (972) $ (20) $ (952) Reclassified to earnings 15 (3) 12 — 12 Net OCI $ (1,268) $ 308 $ (960) $ (20) $ (940) Change in fair value of cash flow hedge derivatives OCI activity $ (30) $ 6 $ (24) $ — $ (24) Reclassified to earnings 9 (1) 8 — 8 Net OCI $ (21) $ 5 $ (16) $ — $ (16)

Interest Income and Interest _2

Interest Income and Interest Expense (Tables)	9 Months Ended
	Sep. 30, 2024
Interest Income (Expense), Operating [Abstract]
Schedule of Details of Interest Income and Interest Expense	Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Interest income Cash and cash equivalents 1 $ 680 $ 930 $ 2,316 2,484 Investment securities 1,335 1,019 3,809 2,886 Loans 3,557 3,236 10,345 9,105 Securities purchased under agreements to resell 2 3,580 1,977 9,121 5,282 Securities borrowed 3 1,384 1,307 4,118 3,848 Trading assets, net of Trading liabilities 1,577 1,334 4,490 3,171 Customer receivables and Other 1, 4 2,072 2,323 6,445 6,243 Total interest income $ 14,185 $ 12,126 $ 40,644 $ 33,019 Interest expense Deposits $ 2,751 $ 2,271 $ 7,777 $ 5,793 Borrowings 3,434 2,992 9,985 8,267 Securities sold under agreements to repurchase 5 2,994 1,897 8,120 4,567 Securities loaned 6 274 208 767 575 Customer payables and Other 4, 7 2,536 2,781 7,936 7,484 Total interest expense $ 11,989 $ 10,149 $ 34,585 $ 26,686 Net interest $ 2,196 $ 1,977 $ 6,059 $ 6,333 1. In the fourth quarter of 2023, interest bearing Cash and cash equivalents and related interest were presented separately for the first time. The prior period amounts for Customer receivables and Other have been disaggregated to exclude Cash and cash equivalents to align with the current presentation. 2. Includes interest paid on Securities purchased under agreements to resell. 3. Includes fees paid on Securities borrowed. 4. Certain prior period amounts have been adjusted to conform with the current period presentation. This adjustment resulted in a decrease to both interest income and interest expense of $1,179 million and $3,204 million for the three months and nine months ended September 30, 2023, respectively, and no effect on net interest income, with the entire impact to the Firm recorded within the Institutional Securities segment. See Note 2 for additional information. 5. Includes interest received on Securities sold under agreements to repurchase. 6. Includes fees received on Securities loaned. 7.
Schedule of Accrued Interest	Accrued Interest $ in millions At September 30, At December 31, Customer and other receivables $ 5,326 $ 4,206 Customer and other payables 5,473 4,360

Segment, Geographic and Reven_2

Segment, Geographic and Revenue Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Selected Financial Information by Business Segment	Selected Financial Information by Business Segment Three Months Ended September 30, 2024 $ in millions IS WM IM I/E Total Investment banking $ 1,463 $ 167 $ — $ (40) $ 1,590 Trading 3,708 300 (24) 18 4,002 Investments 179 13 123 — 315 Commissions and fees 1 760 609 — (75) 1,294 Asset management 1,2 167 4,266 1,384 (70) 5,747 Other 99 141 3 (4) 239 Total non-interest revenues 6,376 5,496 1,486 (171) 13,187 Interest income 10,423 4,148 33 (419) 14,185 Interest expense 9,984 2,374 64 (433) 11,989 Net interest 439 1,774 (31) 14 2,196 Net revenues $ 6,815 $ 7,270 $ 1,455 $ (157) $ 15,383 Provision for credit losses $ 68 $ 11 $ — $ — $ 79 Compensation and benefits 2,271 3,868 594 — 6,733 Non-compensation expenses 2,565 1,331 601 (147) 4,350 Total non-interest expenses $ 4,836 $ 5,199 $ 1,195 $ (147) $ 11,083 Income before provision for income taxes $ 1,911 $ 2,060 $ 260 $ (10) $ 4,221 Provision for income taxes 438 492 67 (2) 995 Net income 1,473 1,568 193 (8) 3,226 Net income applicable to noncontrolling interests 37 — 1 — 38 Net income applicable to Morgan Stanley $ 1,436 $ 1,568 $ 192 $ (8) $ 3,188 Three Months Ended September 30, 2023 $ in millions IS WM IM I/E Total Investment banking $ 938 $ 126 $ — $ (16) $ 1,048 Trading 3,660 (10) 24 5 3,679 Investments 100 22 22 — 144 Commissions and fees 1 606 562 — (70) 1,098 Asset management 1,2 150 3,629 1,312 (60) 5,031 Other 164 123 10 (1) 296 Total non-interest revenues 5,618 4,452 1,368 (142) 11,296 Interest income 8,611 3,797 37 (319) 12,126 Interest expense 8,560 1,845 69 (325) 10,149 Net interest 51 1,952 (32) 6 1,977 Net revenues $ 5,669 $ 6,404 $ 1,336 $ (136) $ 13,273 Provision for credit losses $ 93 $ 41 $ — $ — $ 134 Compensation and benefits 2,057 3,352 526 — 5,935 Non-compensation expenses 2,320 1,302 569 (132) 4,059 Total non-interest expenses $ 4,377 $ 4,654 $ 1,095 $ (132) $ 9,994 Income before provision for income taxes $ 1,199 $ 1,709 $ 241 $ (4) $ 3,145 Provision for income taxes 263 389 59 (1) 710 Net income 936 1,320 182 (3) 2,435 Net income applicable to noncontrolling interests 24 — 3 — 27 Net income applicable to Morgan Stanley $ 912 $ 1,320 $ 179 $ (3) $ 2,408 Nine Months Ended September 30, 2024 $ in millions IS WM IM I/E Total Investment banking $ 4,529 $ 483 $ — $ (98) $ 4,914 Trading 12,338 638 (34) 43 12,985 Investments 282 56 271 — 609 Commissions and fees 1 2,135 1,770 — (201) 3,704 Asset management 1,2 484 12,084 4,072 (200) 16,440 Other 343 483 10 (9) 827 Total non-interest revenues 20,111 15,514 4,319 (465) 39,479 Interest income 29,642 12,147 86 (1,231) 40,644 Interest expense 28,940 6,719 187 (1,261) 34,585 Net interest 702 5,428 (101) 30 6,059 Net revenues $ 20,813 $ 20,942 $ 4,218 $ (435) $ 45,538 Provision for credit losses $ 124 $ 25 $ — $ — $ 149 Compensation and benefits 6,905 11,257 1,727 — 19,889 Non-compensation expenses 7,476 3,973 1,768 (407) 12,810 Total non-interest expenses $ 14,381 $ 15,230 $ 3,495 $ (407) $ 32,699 Income before provision for income taxes $ 6,308 $ 5,687 $ 723 $ (28) $ 12,690 Provision for income taxes 1,406 1,313 172 (6) 2,885 Net income 4,902 4,374 551 (22) 9,805 Net income applicable to noncontrolling interests 127 — 2 — 129 Net income applicable to Morgan Stanley $ 4,775 $ 4,374 $ 549 $ (22) $ 9,676 Nine Months Ended September 30, 2023 $ in millions IS WM IM I/E Total Investment banking $ 3,260 $ 339 $ — $ (66) $ 3,533 Trading 11,511 425 (2) 24 11,958 Investments 151 60 173 — 384 Commissions and fees 1 1,925 1,704 — (202) 3,427 Asset management 1,2 448 10,463 3,828 (163) 14,576 Other 669 366 9 (8) 1,036 Total non-interest revenues 17,964 13,357 4,008 (415) 34,914 Interest income 3 23,160 11,124 95 (1,360) 33,019 Interest expense 3 23,004 4,858 197 (1,373) 26,686 Net interest 156 6,266 (102) 13 6,333 Net revenues $ 18,120 $ 19,623 $ 3,906 $ (402) $ 41,247 Provision for credit losses $ 379 $ 150 $ — $ — $ 529 Compensation and benefits 6,637 10,332 1,638 — 18,607 Non-compensation expenses 7,036 4,039 1,691 (372) 12,394 Total non-interest expenses $ 13,673 $ 14,371 $ 3,329 $ (372) $ 31,001 Income before provision for income taxes $ 4,068 $ 5,102 $ 577 $ (30) $ 9,717 Provision for income taxes 802 1,098 135 (7) 2,028 Net income 3,266 4,004 442 (23) 7,689 Net income applicable to noncontrolling interests 117 — 2 — 119 Net income applicable to Morgan Stanley $ 3,149 $ 4,004 $ 440 $ (23) $ 7,570 1. Substantially all revenues are from contracts with customers. 2. Includes certain fees that may relate to services performed in prior periods. 3.
Schedule of Investment Banking Revenues	Detail of Investment Banking Revenues Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Institutional Securities Advisory $ 546 $ 449 $ 1,599 $ 1,542 Institutional Securities Underwriting 917 489 2,930 1,718 Firm Investment banking revenues from contracts with customers 91 % 94 % 90 % 91 %
Schedule of Trading Revenues by Product Type	Trading Revenues by Product Type Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Interest rate $ 1,450 $ 1,124 $ 4,771 $ 3,701 Foreign exchange 352 284 893 672 Equity 1 2,100 2,167 6,726 6,782 Commodity and other 451 447 1,528 1,321 Credit (351) (343) (933) (518) Total $ 4,002 $ 3,679 $ 12,985 $ 11,958 1.
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 $ 812 $ 787 Investment Management Asset Management Revenues—Reduction of Fees Due to Fee Waivers Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Fee waivers $ 25 $ 27 $ 70 $ 73
Schedule of Other Expenses - Transaction Taxes	Other Expenses—Transaction Taxes Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Transaction taxes $ 217 $ 222 $ 658 $ 683
Schedule of Net Revenues by Region	Net Revenues by Region Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Americas $ 11,557 $ 10,268 $ 34,392 $ 31,453 EMEA 1,828 1,479 5,525 4,716 Asia 1,998 1,526 5,621 5,078 Total $ 15,383 $ 13,273 $ 45,538 $ 41,247
Schedule of Revenue Recognized from Prior Services	Revenues Recognized from Prior Services Three Months Ended Nine Months Ended $ in millions 2024 2023 2024 2023 Non-interest revenues $ 566 $ 468 $ 1,416 $ 1,350
Schedule of Receivables from Contracts with Customers	Receivables from Contracts with Customers $ in millions At At Customer and other receivables $ 2,635 $ 2,339
Schedule of Assets by Business Segment	Assets by Business Segment $ in millions At At Institutional Securities $ 852,035 $ 810,506 Wealth Management 388,263 365,168 Investment Management 17,729 18,019 Total 1 $ 1,258,027 $ 1,193,693

Significant Accounting Polici_3

Significant Accounting Policies (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jan. 01, 2024	Dec. 31, 2023
Accounting Policies [Line Items]
Interest income	[1]	$ 14,185	$ 12,126	$ 40,644	$ 33,019
Decrease in retained earnings		$ (102,911)		$ (102,911)			$ (97,996)
Cumulative Effect, Period of Adoption, Adjustment
Accounting Policies [Line Items]
Decrease in retained earnings						$ 60
Revision of Prior Period, Adjustment | Institutional Securities
Accounting Policies [Line Items]
Interest income			$ (1,179)		$ (3,204)
[1] Prior period amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.

Cash and Cash Equivalents - Sum

Cash and Cash Equivalents - Summary (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Cash and due from banks	$ 5,636	$ 7,323
Interest bearing deposits with banks	85,448	81,909
Total Cash and cash equivalents	91,084	89,232
Restricted cash	$ 29,352	$ 30,571

Fair Values - Assets and Liabil

Fair Values - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets at fair value
Derivative and other contracts	$ 37,227	$ 37,313
Investments	152,722	145,566
Total trading assets	362,298	367,074
Investment securities—AFS	97,828	88,113
Securities purchased under agreements to resell	0	7
Liabilities at fair value
Deposits	7,327	6,472
Derivative and other contracts	32,619	35,275
Securities sold under agreements to repurchase	996	1,020
Other secured financings	14,127	9,899
Borrowings	107,547	93,900
State and municipal securities
Assets at fair value
Investment securities—AFS	1,611	1,173
Recurring
Assets at fair value
Netting	(39,608)	(42,915)
Liabilities at fair value
Netting	(42,619)	(42,757)
Borrowings	107,547	93,900
Recurring | Interest rate
Liabilities at fair value
Borrowings	35,239	31,055
Recurring | Credit
Liabilities at fair value
Borrowings	3,047	2,400
Recurring | Foreign exchange
Liabilities at fair value
Borrowings	1,660	1,574
Recurring | Equity
Liabilities at fair value
Borrowings	53,530	46,073
Recurring | Commodity and other
Liabilities at fair value
Borrowings	14,071	12,798
Recurring | Loans and lending commitments
Assets at fair value
Trading assets	8,886	8,188
Recurring | Total
Assets at fair value
Derivative and other contracts	37,227	37,313
Netting	(298,712)	(289,137)
Investments	2,702	2,566
Physical commodities	603	736
Total trading assets	356,554	361,550
Investment securities—AFS	97,828	88,113
Securities purchased under agreements to resell		7
Total assets at fair value	454,382	449,670
Liabilities at fair value
Deposits	7,327	6,472
Trading liabilities	152,238	151,512
Derivative and other contracts	32,619	35,275
Netting	(301,723)	(288,979)
Securities sold under agreements to repurchase	996	1,020
Other secured financings	14,127	9,899
Borrowings	107,547	93,900
Total liabilities at fair value	282,235	262,803
Recurring | Total | Interest rate
Assets at fair value
Derivative and other contracts	133,512	148,207
Liabilities at fair value
Derivative and other contracts	120,264	138,840
Recurring | Total | Credit
Assets at fair value
Derivative and other contracts	10,504	10,637
Liabilities at fair value
Derivative and other contracts	10,958	11,092
Recurring | Total | Foreign exchange
Assets at fair value
Derivative and other contracts	81,632	93,250
Liabilities at fair value
Derivative and other contracts	79,908	90,361
Recurring | Total | Equity
Assets at fair value
Derivative and other contracts	93,110	58,075
Liabilities at fair value
Derivative and other contracts	108,195	68,894
Recurring | Total | Commodity and other
Assets at fair value
Derivative and other contracts	17,181	16,281
Liabilities at fair value
Derivative and other contracts	15,017	15,067
Recurring | Total | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	24,286	27,724
Recurring | Total | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	29,025	30,790
Recurring | Total | Corporate and other debt
Liabilities at fair value
Trading liabilities	13,242	10,569
Recurring | Total | Corporate equities
Liabilities at fair value
Trading liabilities	53,066	47,154
Recurring | Total | U.S. Treasury and agency securities
Assets at fair value
Trading assets	108,252	110,200
Recurring | Total | Other sovereign government obligations
Assets at fair value
Trading assets	46,737	32,620
Recurring | Total | State and municipal securities
Assets at fair value
Trading assets	2,671	2,182
Recurring | Total | MABS
Assets at fair value
Trading assets	1,875	2,029
Recurring | Total | Loans and lending commitments
Assets at fair value
Trading assets	8,886	8,188
Recurring | Total | Corporate and other debt
Assets at fair value
Trading assets	39,213	37,816
Recurring | Total | Corporate equities
Assets at fair value
Equity securities	108,388	127,900
Recurring | Level 1
Assets at fair value
Derivative and other contracts	1,367	3,430
Netting	(5,185)	(7,643)
Investments	930	781
Physical commodities	0	0
Total trading assets	201,245	210,022
Investment securities—AFS	67,986	57,405
Securities purchased under agreements to resell		0
Total assets at fair value	269,231	267,427
Liabilities at fair value
Deposits	0	0
Trading liabilities	103,400	105,852
Derivative and other contracts	2,056	4,506
Netting	(5,185)	(7,643)
Securities sold under agreements to repurchase	0	0
Other secured financings	0	0
Borrowings	0	0
Total liabilities at fair value	103,400	105,852
Recurring | Level 1 | Interest rate
Assets at fair value
Derivative and other contracts	2,904	7,284
Liabilities at fair value
Derivative and other contracts	2,771	8,000
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	118	12
Liabilities at fair value
Derivative and other contracts	287	96
Recurring | Level 1 | Equity
Assets at fair value
Derivative and other contracts	1,869	2,169
Liabilities at fair value
Derivative and other contracts	2,478	2,411
Recurring | Level 1 | Commodity and other
Assets at fair value
Derivative and other contracts	1,661	1,608
Liabilities at fair value
Derivative and other contracts	1,705	1,642
Recurring | Level 1 | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	24,264	27,708
Recurring | Level 1 | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	24,765	26,829
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	52,315	46,809
Recurring | Level 1 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	59,122	56,459
Recurring | Level 1 | Other sovereign government obligations
Assets at fair value
Trading assets	32,916	22,580
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	106,910	126,772
Recurring | Level 2
Assets at fair value
Derivative and other contracts	72,134	73,285
Netting	(253,149)	(237,497)
Investments	962	836
Physical commodities	603	736
Total trading assets	186,706	185,116
Investment securities—AFS	29,842	30,708
Securities purchased under agreements to resell		7
Total assets at fair value	216,548	215,831
Liabilities at fair value
Deposits	7,326	6,439
Trading liabilities	88,516	84,690
Derivative and other contracts	70,313	69,859
Netting	(253,149)	(237,497)
Securities sold under agreements to repurchase	543	571
Other secured financings	13,980	9,807
Borrowings	106,076	92,022
Total liabilities at fair value	216,441	193,529
Recurring | Level 2 | Interest rate
Assets at fair value
Derivative and other contracts	130,161	140,139
Liabilities at fair value
Derivative and other contracts	117,046	129,983
Recurring | Level 2 | Credit
Assets at fair value
Derivative and other contracts	10,115	10,244
Liabilities at fair value
Derivative and other contracts	10,683	10,795
Recurring | Level 2 | Foreign exchange
Assets at fair value
Derivative and other contracts	81,209	93,218
Liabilities at fair value
Derivative and other contracts	79,411	89,880
Recurring | Level 2 | Equity
Assets at fair value
Derivative and other contracts	90,559	55,319
Liabilities at fair value
Derivative and other contracts	104,267	64,794
Recurring | Level 2 | Commodity and other
Assets at fair value
Derivative and other contracts	13,239	11,862
Liabilities at fair value
Derivative and other contracts	12,055	11,904
Recurring | Level 2 | U.S. Treasury and agency securities
Liabilities at fair value
Trading liabilities	22	16
Recurring | Level 2 | Other sovereign government obligations
Liabilities at fair value
Trading liabilities	4,258	3,955
Recurring | Level 2 | Corporate and other debt
Liabilities at fair value
Trading liabilities	13,199	10,560
Recurring | Level 2 | Corporate equities
Liabilities at fair value
Trading liabilities	724	300
Recurring | Level 2 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	49,130	53,741
Recurring | Level 2 | Other sovereign government obligations
Assets at fair value
Trading assets	13,712	9,946
Recurring | Level 2 | State and municipal securities
Assets at fair value
Trading assets	2,658	2,148
Recurring | Level 2 | MABS
Assets at fair value
Trading assets	1,434	1,540
Recurring | Level 2 | Loans and lending commitments
Assets at fair value
Trading assets	7,302	6,122
Recurring | Level 2 | Corporate and other debt
Assets at fair value
Trading assets	37,487	35,833
Recurring | Level 2 | Corporate equities
Assets at fair value
Equity securities	1,284	929
Recurring | Level 3
Assets at fair value
Equity securities	194	199
Derivative and other contracts	3,334	3,513
Netting	(770)	(1,082)
Investments	810	949
Physical commodities	0	0
Total trading assets	8,211	9,327
Investment securities—AFS	0	0
Securities purchased under agreements to resell		0
Total assets at fair value	8,211	9,327
Liabilities at fair value
Deposits	1	33
Trading liabilities	2,941	3,727
Derivative and other contracts	2,869	3,667
Netting	(770)	(1,082)
Securities sold under agreements to repurchase	453	449
Other secured financings	147	92
Borrowings	1,471	1,878
Total liabilities at fair value	5,013	6,179
Recurring | Level 3 | Interest rate
Assets at fair value
Derivative and other contracts	447	784
Liabilities at fair value
Derivative and other contracts	447	857
Recurring | Level 3 | Credit
Assets at fair value
Derivative and other contracts	389	393
Liabilities at fair value
Derivative and other contracts	275	297
Recurring | Level 3 | Foreign exchange
Assets at fair value
Derivative and other contracts	305	20
Liabilities at fair value
Derivative and other contracts	210	385
Recurring | Level 3 | Equity
Assets at fair value
Derivative and other contracts	682	587
Liabilities at fair value
Derivative and other contracts	1,450	1,689
Recurring | Level 3 | Commodity and other
Assets at fair value
Derivative and other contracts	2,281	2,811
Liabilities at fair value
Derivative and other contracts	1,257	1,521
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	6
Recurring | Level 3 | Corporate and other debt
Liabilities at fair value
Trading liabilities	43	9
Recurring | Level 3 | Corporate equities
Liabilities at fair value
Trading liabilities	27	45
Recurring | Level 3 | U.S. Treasury and agency securities
Assets at fair value
Trading assets	0	0
Recurring | Level 3 | Other sovereign government obligations
Assets at fair value
Trading assets	109	94
Recurring | Level 3 | State and municipal securities
Assets at fair value
Trading assets	13	34
Recurring | Level 3 | MABS
Assets at fair value
Trading assets	441	489
Recurring | Level 3 | Loans and lending commitments
Assets at fair value
Trading assets	1,584	2,066
Recurring | Level 3 | Corporate and other debt
Assets at fair value
Trading assets	1,726	1,983
Recurring | Level 3 | Corporate equities
Assets at fair value
Equity securities	$ 194	$ 199

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	Sep. 30, 2024	Dec. 31, 2023
Fair Value Measurements
Trading assets	$ 8,886	$ 8,188
Commercial real estate
Fair Value Measurements
Trading assets	766	422
Residential real estate
Fair Value Measurements
Trading assets	2,562	2,909
Securities-based lending and Other
Fair Value Measurements
Trading assets	$ 5,558	$ 4,857

Fair Values - Detail of Unsettl

Fair Values - Detail of Unsettled Fair Value of Futures Contracts (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Futures Contracts | Recurring
Fair Value Measurements
Customer and other receivables (payables), net	$ 2,183	$ 1,062

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Liabilities at Fair Value
Portion of Unrealized losses (gains) recorded in OCI—Change in net DVA	$ (1)	$ (4)	$ 0	$ 10
Deposits
Liabilities at Fair Value
Beginning balance	34	36	33	20
Realized and unrealized losses (gains)	0	(1)	0	(1)
Purchases	0	6	0	26
Net transfers	(33)	(25)	(32)	(29)
Ending balance	1	16	1	16
Unrealized losses (gains)	0	(1)	0	(1)
Nonderivative trading liabilities
Liabilities at Fair Value
Beginning balance	42	89	60	74
Realized and unrealized losses (gains)	6	(4)	(17)	(12)
Purchases	(44)	(29)	(50)	(49)
Settlements	0	0	(1)	0
Net transfers	43	15	2	4
Sales	25	23	78	77
Ending balance	72	94	72	94
Unrealized losses (gains)	9	(2)	(6)	(11)
Securities sold under agreements to repurchase
Liabilities at Fair Value
Beginning balance	449	454	449	512
Realized and unrealized losses (gains)	4	4	4	11
Issuances	0	0	0	1
Settlements	0	0	0	(9)
Net transfers	0	0	0	(57)
Ending balance	453	458	453	458
Unrealized losses (gains)	3	4	4	11
Other secured financings
Liabilities at Fair Value
Beginning balance	91	90	92	91
Realized and unrealized losses (gains)	1	(1)	(4)	2
Issuances	57	15	94	59
Settlements	(16)	(6)	(58)	(54)
Net transfers	14	0	23	0
Ending balance	147	98	147	98
Unrealized losses (gains)	1	(1)	(4)	2
Borrowings
Liabilities at Fair Value
Beginning balance	1,976	1,787	1,878	1,587
Realized and unrealized losses (gains)	86	18	90	83
Issuances	95	342	412	626
Settlements	(105)	(182)	(212)	(355)
Net transfers	(581)	(437)	(697)	(413)
Ending balance	1,471	1,528	1,471	1,528
Unrealized losses (gains)	109	18	115	48
Net derivatives: Interest rate
Assets at Fair value
Beginning balance	262	49	(73)	(151)
Realized and unrealized gains (losses)	(120)	49	(103)	(318)
Purchases	20	26	27	57
Issuances	(6)	(7)	(14)	(63)
Settlements	(77)	(110)	(18)	329
Net transfers	(79)	(256)	181	(103)
Ending balance	0	(249)	0	(249)
Unrealized gains (losses)	(114)	7	(65)	(94)
Net derivatives: Credit
Assets at Fair value
Beginning balance	124	96	96	110
Realized and unrealized gains (losses)	108	9	(42)	(12)
Settlements	(116)	(7)	39	(7)
Net transfers	(2)	(8)	21	(1)
Ending balance	114	90	114	90
Unrealized gains (losses)	108	8	(21)	4
Net derivatives: Foreign exchange
Assets at Fair value
Beginning balance	(118)	28	(365)	66
Realized and unrealized gains (losses)	51	(13)	57	(53)
Settlements	117	16	264	(68)
Net transfers	45	(160)	139	(74)
Ending balance	95	(129)	95	(129)
Unrealized gains (losses)	51	(16)	61	(51)
Net derivatives: Equity
Assets at Fair value
Beginning balance	(1,055)	(775)	(1,102)	(736)
Realized and unrealized gains (losses)	(123)	195	125	192
Purchases	54	38	186	157
Issuances	(161)	(166)	(473)	(492)
Settlements	265	252	337	229
Net transfers	252	(326)	159	(132)
Ending balance	(768)	(782)	(768)	(782)
Unrealized gains (losses)	(155)	160	11	93
Net derivatives: Commodity and other
Assets at Fair value
Beginning balance	1,203	1,416	1,290	1,083
Realized and unrealized gains (losses)	223	(7)	789	549
Purchases	70	7	126	70
Issuances	(23)	(9)	(37)	(80)
Settlements	(398)	(92)	(909)	(313)
Net transfers	(51)	(34)	(235)	(28)
Ending balance	1,024	1,281	1,024	1,281
Unrealized gains (losses)	(58)	(142)	(48)	216
U.S. Treasury and agency securities
Assets at Fair value
Beginning balance	0	0	0	17
Sales	0	0	0	(10)
Net transfers	0	0	0	(7)
Ending balance	0	0	0	0
Unrealized gains (losses)	0	0	0	0
Other sovereign government obligations
Assets at Fair value
Beginning balance	74	128	94	169
Realized and unrealized gains (losses)	3	0	1	6
Purchases	14	17	48	18
Sales	(27)	(30)	(74)	(112)
Net transfers	45	(21)	40	13
Ending balance	109	94	109	94
Unrealized gains (losses)	(2)	1	(2)	1
State and municipal securities
Assets at Fair value
Beginning balance	0	40	34	145
Realized and unrealized gains (losses)	0	(3)	0	(2)
Purchases	0	147	0	255
Sales	0	(20)	(29)	(218)
Net transfers	13	(52)	8	(68)
Ending balance	13	112	13	112
Unrealized gains (losses)	0	(3)	0	(3)
MABS
Assets at Fair value
Beginning balance	423	486	489	416
Realized and unrealized gains (losses)	10	(1)	27	13
Purchases	43	88	140	149
Sales	(58)	(33)	(243)	(79)
Settlements	0	0	0	50
Net transfers	23	(4)	28	(13)
Ending balance	441	536	441	536
Unrealized gains (losses)	15	4	9	5
Loans and lending commitments
Assets at Fair value
Beginning balance	2,176	2,400	2,066	2,017
Realized and unrealized gains (losses)	29	(6)	19	(91)
Purchases and originations	130	997	681	1,569
Sales	(648)	(539)	(917)	(686)
Settlements	(4)	(666)	(174)	(717)
Net transfers	(99)	(147)	(91)	(53)
Ending balance	1,584	2,039	1,584	2,039
Unrealized gains (losses)	(1)	(6)	(2)	(91)
Corporate and other debt
Assets at Fair value
Beginning balance	1,925	2,223	1,983	2,096
Realized and unrealized gains (losses)	9	108	44	231
Purchases and originations	423	346	834	561
Sales	(496)	(465)	(980)	(618)
Settlements	(73)	(6)	(85)	(6)
Net transfers	(62)	257	(70)	199
Ending balance	1,726	2,463	1,726	2,463
Unrealized gains (losses)	6	113	101	239
Corporate equities
Assets at Fair value
Beginning balance	217	166	199	116
Realized and unrealized gains (losses)	(24)	(29)	(93)	(64)
Purchases	26	32	65	101
Sales	(29)	(34)	(58)	(38)
Net transfers	4	60	81	80
Ending balance	194	195	194	195
Unrealized gains (losses)	(11)	(25)	(17)	(36)
Investments
Assets at Fair value
Beginning balance	843	968	949	923
Realized and unrealized gains (losses)	53	17	63	24
Purchases	18	6	42	153
Sales	(101)	(76)	(241)	(183)
Net transfers	(3)	19	(3)	17
Ending balance	810	934	810	934
Unrealized gains (losses)	24	19	6	17
Investment securities—AFS
Assets at Fair value
Beginning balance	0	0	0	35
Realized and unrealized gains (losses)	0	(5)	0	(4)
Net transfers	0	40	0	4
Ending balance	0	35	0	35
Unrealized gains (losses)	$ 0	$ (5)	$ 0	$ (4)

Fair Values - Valuation Techniq

Fair Values - Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements (Details) $ in Millions	Sep. 30, 2024 USD ($) $ / MWh	Dec. 31, 2023 USD ($) $ / MWh
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 37,227	$ 37,313
Securities sold under agreements to repurchase	996	1,020
Other secured financings	18,143	12,655
Borrowings	107,547	93,900
Recurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings	107,547	93,900
Recurring | Loans and lending commitments
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	8,886	8,188
Nonrecurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans	7,561	8,747
Level 3 | Recurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Corporate equities	194	199
Investments	810	949
Derivative assets	3,334	3,513
Securities sold under agreements to repurchase	453	449
Other secured financings	147	92
Borrowings	$ 1,471	$ 1,878
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 | Market Approach | EBITDA Multiple
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Investments, measurement input value	21
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	$ 109	$ 94
Level 3 | Recurring | MABS
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Debt securities, trading assets	441	489
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	1,584	2,066
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	1,726	1,983
Level 3 | Recurring | Interest rate
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	0	(73)
Level 3 | Recurring | Credit
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 114	$ 96
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	$ 95	$ (365)
Level 3 | Recurring | Equity
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	(768)	(1,102)
Level 3 | Recurring | Commodity and other
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Derivative assets	$ 1,024	$ 1,290
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	0.0022
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	0.24	0.24
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	0.12	0.16
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	9	9
Level 3 | Recurring | Minimum | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Funding spread	0.0011	0.0028
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		0.50
Level 3 | Recurring | Minimum | Option Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.0341
Level 3 | Recurring | Minimum | Option Model | Equity Volatility
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.09	0.06
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	(0.03)	(0.02)
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	0.42	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	(0.50)	(0.65)
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	0.70	0.61
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	0.01	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	0.83	0.85
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	0.02
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	0.29	0.28
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	0.66	0.70
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	0.30	0.49
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	0.77	0.79
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	0.29	0.27
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	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	0.0010
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	0.0013	0.0018
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	0.04	(0.04)
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		(0.03)
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	0.85	0.95
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	0.10	0.06
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	(0.01)	(0.01)
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	0.18	0.25
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	(0.65)	(0.79)
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	(0.25)	0.10
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	0	0
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	0.07	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	0.54	0.54
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	0.0101	0.0101
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	0.18	0.18
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	10	17
Level 3 | Recurring | Maximum | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Funding spread	0.0127	0.0135
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		0.89
Level 3 | Recurring | Maximum | Option Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.0519
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	0.65	0.69
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	0.97	0.97
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	0.23	0.40
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	1.10
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	0.88	0.88
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	1.01	1.02
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	1.28	1.35
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	0.89	1
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	0.99	0.99
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	1.88	0.85
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	0.69	0.70
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	0.0090	0.0092
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	0.0366	0.0404
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	0.0590
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	0.12	0.26
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		0.12
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
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	0.95	0.97
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	0.94	0.97
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	0.50	0.40
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	0.23	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	193	220
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	1.35	1.23
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	0.0074	0.0076
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	0.84	0.86
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	0.16	0.17
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	10	15
Level 3 | Recurring | Weighted Average | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Funding spread		0.0079
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		22
Level 3 | Recurring | Weighted Average | Option Model | Credit Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Borrowings, measurement input value	0.0430
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	0.13
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	0.71	0.79
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	(0.18)	(0.30)
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	0.80	0.87
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	0.59	0.61
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	0.97	0.98
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	0.82	0.82
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	0.0042	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	0.0093	0.0094
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	0.0081	0.0067
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	0.23
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	0
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	0.55	0.49
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	(0.21)	(0.28)
Level 3 | Recurring | Weighted 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	0.12
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	39	49
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	0.35	0.31
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	0.95	0.94
Level 3 | Recurring | Average | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Funding spread	0.0049
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		0.71
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	0.74	0.81
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	0.83	0.77
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	0.91	0.82
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	0.43
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	0.08	0.07
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		0.02
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	0.89
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		0.15
Level 3 | Recurring | Median | Discounted Cash Flow | Funding Spread
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Funding spread	0.0032
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		0.70
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	0.73	0.93
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	0.87	0.79
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	0.88	0.85
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	0.39
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	0.05	0.05
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
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
Level 3 | Nonrecurring
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans	$ 5,570	$ 4,532
Level 3 | Nonrecurring | Minimum | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0029	0.0025
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	0.0115	0.0099
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	0.0122	0.0115
Level 3 | Nonrecurring | Maximum | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0100	0.0093
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	1.3954	0.1467
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	0.0271	0.0268
Level 3 | Nonrecurring | Weighted Average | Comparable Pricing | Loan Price
Valuation Techniques and Sensitivity of Unobservable Inputs Used in Level 3 Fair Value Measurements
Loans, measurement input value	0.0087	0.0070
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	0.1131	0.1015
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	0.0186	0.0185

Fair Values - Fund Interests Me

Fair Values - Fund Interests Measured Based on Net Asset Value (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Measured Based on Net Asset Value
Carrying Value	$ 5,744	$ 5,524
Commitment	869	963
Private equity
Measured Based on Net Asset Value
Carrying Value	2,612	2,685
Commitment	638	720
Real estate
Measured Based on Net Asset Value
Carrying Value	3,060	2,765
Commitment	229	240
Hedge
Measured Based on Net Asset Value
Carrying Value	72	74
Commitment	$ 2	$ 3

Fair Values - Nonredeemable Fun

Fair Values - Nonredeemable Funds by Contractual Maturity (Details) $ in Millions	Sep. 30, 2024 USD ($)
Private equity
Carrying Value of Nonredeemable Funds by Contractual Maturity
Less than 5 years	$ 1,094
5-10 years	1,421
Over 10 years	97
Total	2,612
Real estate
Carrying Value of Nonredeemable Funds by Contractual Maturity
Less than 5 years	1,867
5-10 years	1,099
Over 10 years	94
Total	$ 3,060

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Assets at fair value
Loans	$ 7,561		$ 7,561		$ 8,747
Other assets—Other investments					4
Other assets—ROU assets					23
Total	7,561		7,561		8,774
Liabilities
Other liabilities and accrued expenses—Lending commitments	122		122		170
Total	122		122		170
Assets
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(146)	$ (32)	(209)	$ (129)
Loans
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(136)	(35)	(190)	(117)
Other assets—Other investments
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	0	5	(7)	4
Other assets - Premises, equipement and software
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(10)	(2)	(12)	(6)
Other assets - ROU assets
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	0	0	0	(10)
Liabilities
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(2)	7	8	38
Other liabilities and accrued expenses—Lending commitments
Fair Value Adjustment Disclosure
Gains (losses) from fair value remeasurements	(2)	$ 7	8	$ 38
Level 2
Assets at fair value
Loans	1,991		1,991		4,215
Other assets—Other investments					0
Other assets—ROU assets					23
Total	1,991		1,991		4,238
Liabilities
Other liabilities and accrued expenses—Lending commitments	62		62		110
Total	62		62		110
Level 3
Assets at fair value
Loans	5,570		5,570		4,532
Other assets—Other investments					4
Other assets—ROU assets					0
Total	5,570		5,570		4,536
Liabilities
Other liabilities and accrued expenses—Lending commitments	60		60		60
Total	$ 60		$ 60		$ 60

Fair Values - Financial Instrum

Fair Values - Financial Instruments Not Measured at Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financial assets
Securities borrowed	$ 132,412	$ 121,091
Customer and other receivables	91,380	80,105
Held for investment	218,012	203,385
Held for sale	12,862	15,255
Financial liabilities
Deposits	363,722	351,804
Securities sold under agreements to repurchase	58,329	62,651
Securities loaned	17,455	15,057
Other secured financings	18,143	12,655
Customer and other payables	216,591	208,148
Borrowings	298,180	263,732
Carrying Value
Financial assets
Cash and cash equivalents	91,084	89,232
Investment securities—HTM	62,856	66,694
Securities purchased under agreements to resell	137,352	110,733
Securities borrowed	132,412	121,091
Customer and other receivables	84,207	74,337
Held for investment	218,012	203,385
Held for sale	12,862	15,255
Other assets	704	704
Financial liabilities
Deposits	356,395	345,332
Securities sold under agreements to repurchase	57,333	61,631
Securities loaned	17,455	15,057
Other secured financings	4,016	2,756
Customer and other payables	216,362	208,015
Borrowings	190,633	169,832
Additional Disclosures
Lending commitments	169,777	149,464
Fair Value
Financial assets
Cash and cash equivalents	91,084	89,232
Investment securities—HTM	54,894	57,453
Securities purchased under agreements to resell	137,428	110,773
Securities borrowed	132,413	121,091
Customer and other receivables	84,100	74,141
Held for investment	214,040	196,416
Held for sale	12,967	15,324
Other assets	704	704
Financial liabilities
Deposits	356,592	345,391
Securities sold under agreements to repurchase	57,336	61,621
Securities loaned	17,455	15,055
Other secured financings	4,015	2,756
Customer and other payables	216,362	208,015
Borrowings	193,822	171,013
Additional Disclosures
Lending commitments	2,218	2,087
Fair Value | Level 1
Financial assets
Cash and cash equivalents	91,084	89,232
Investment securities—HTM	17,292	21,937
Securities purchased under agreements to resell	0	0
Securities borrowed	0	0
Customer and other receivables	0	0
Held for investment	0	0
Held for sale	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	36,455	34,411
Securities purchased under agreements to resell	135,629	108,099
Securities borrowed	132,413	121,091
Customer and other receivables	80,049	70,110
Held for investment	8,321	20,125
Held for sale	5,366	8,652
Other assets	704	704
Financial liabilities
Deposits	356,592	345,391
Securities sold under agreements to repurchase	57,336	61,621
Securities loaned	17,455	15,055
Other secured financings	4,015	2,756
Customer and other payables	216,362	208,015
Borrowings	193,720	171,009
Additional Disclosures
Lending commitments	1,180	1,338
Fair Value | Level 3
Financial assets
Cash and cash equivalents	0	0
Investment securities—HTM	1,147	1,105
Securities purchased under agreements to resell	1,799	2,674
Securities borrowed	0	0
Customer and other receivables	4,051	4,031
Held for investment	205,719	176,291
Held for sale	7,601	6,672
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	102	4
Additional Disclosures
Lending commitments	$ 1,038	$ 749

Fair Value Option - Borrowings

Fair Value Option - Borrowings Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value Measurements
Borrowings at fair value	$ 107,547	$ 93,900
Recurring
Fair Value Measurements
Borrowings at fair value	107,547	93,900
Recurring | Equity
Fair Value Measurements
Borrowings at fair value	53,530	46,073
Recurring | Interest rates
Fair Value Measurements
Borrowings at fair value	35,239	31,055
Recurring | Commodities
Fair Value Measurements
Borrowings at fair value	14,071	12,798
Recurring | Credit
Fair Value Measurements
Borrowings at fair value	3,047	2,400
Recurring | Foreign exchange
Fair Value Measurements
Borrowings at fair value	$ 1,660	$ 1,574

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Option Quantitative Disclosures
Net revenues	$ (7,168)	$ 3,355	$ (6,632)	$ (1,763)
Trading revenues
Fair Value Option Quantitative Disclosures
Net revenues	(6,993)	3,479	(6,158)	(1,412)
Interest expense
Fair Value Option Quantitative Disclosures
Net revenues	$ 175	$ 124	$ 474	$ 351

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value disclosure
Cumulative pre-tax DVA gain (loss) recognized in AOCI	$ (2,775)		$ (2,775)		$ (2,166)
Loans and other receivables | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	$ 0	0	$ 0
Loans and other receivables | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	(15)	(8)	(13)	(112)
Lending commitments | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	0	0	0
Lending commitments | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	(3)	0	(4)	11
Deposits | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	(3)	4	8	21
Deposits | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	0	0	0	0
Borrowings | OCI
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	(227)	(547)	(617)	(1,289)
Borrowings | Trading revenues
Fair Value disclosure
Gains (losses) due to changes in instrument-specific credit risk	$ (4)	$ (6)	$ (21)	$ (15)

Fair Value Option - Difference

Fair Value Option - Difference Between Contractual Principal and Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Loans and other receivables	$ 10,943	$ 11,086
Nonaccrual loans	8,409	8,566
Borrowings	$ 1,973	$ 3,030

Fair Value Option - Fair Value

Fair Value Option - Fair Value Loans on Nonaccrual Status (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Nonaccrual loans	$ 824	$ 440
Nonaccrual loans 90 or more days past due	$ 20	$ 75

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Fair Values of Derivative Contracts (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative Assets
Total gross derivatives	$ 335,939	$ 326,450
Counterparty netting	(260,202)	(246,914)
Cash collateral netting	(38,510)	(42,223)
Total in Trading assets	37,227	37,313
Financial instruments collateral	(15,407)	(15,690)
Net amounts	21,820	21,623
Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable	2,592	2,641
Derivative Liabilities
Total gross derivatives	334,342	324,254
Counterparty netting	(260,202)	(246,914)
Cash collateral netting	(41,521)	(42,065)
Total in Trading liabilities	32,619	35,275
Cash collateral netting	(5,788)	(6,909)
Net amounts	26,831	28,366
Net amounts for which master netting or collateral agreements are not in place or may not be legally enforceable	4,660	5,911
Designated as accounting hedges
Derivative Assets
Total gross derivatives	50	35
Derivative Liabilities
Total gross derivatives	526	924
Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	3	25
Derivative Liabilities
Total gross derivatives	420	467
Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	47	10
Derivative Liabilities
Total gross derivatives	106	457
Not designated as accounting hedges
Derivative Assets
Total gross derivatives	335,889	326,415
Derivative Liabilities
Total gross derivatives	333,816	323,330
Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	33	29
Derivative Liabilities
Total gross derivatives	839	745
Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	133,509	148,182
Derivative Liabilities
Total gross derivatives	119,844	138,373
Other derivatives | Credit
Derivative Assets
Total gross derivatives	10,471	10,608
Derivative Liabilities
Total gross derivatives	10,119	10,347
Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	81,585	93,240
Derivative Liabilities
Total gross derivatives	79,802	89,904
Other derivatives | Equity
Derivative Assets
Total gross derivatives	93,110	58,075
Derivative Liabilities
Total gross derivatives	108,195	68,894
Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	17,181	16,281
Derivative Liabilities
Total gross derivatives	15,017	15,067
Bilateral OTC
Derivative Assets
Total gross derivatives	246,944	258,078
Counterparty netting	(177,423)	(184,553)
Cash collateral netting	(36,738)	(39,493)
Total in Trading assets	32,783	34,032
Financial instruments collateral	(15,407)	(15,690)
Net amounts	17,376	18,342
Derivative Liabilities
Total gross derivatives	248,365	258,334
Counterparty netting	(177,423)	(184,553)
Cash collateral netting	(40,917)	(41,082)
Total in Trading liabilities	30,025	32,699
Cash collateral netting	(5,588)	(6,864)
Net amounts	24,437	25,835
Bilateral OTC | Designated as accounting hedges
Derivative Assets
Total gross derivatives	47	30
Derivative Liabilities
Total gross derivatives	491	881
Bilateral OTC | Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	3	25
Derivative Liabilities
Total gross derivatives	420	467
Bilateral OTC | Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	44	5
Derivative Liabilities
Total gross derivatives	71	414
Bilateral OTC | Not designated as accounting hedges
Derivative Assets
Total gross derivatives	246,897	258,048
Derivative Liabilities
Total gross derivatives	247,874	257,453
Bilateral OTC | Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	0	2
Derivative Liabilities
Total gross derivatives	53	43
Bilateral OTC | Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	115,855	127,414
Derivative Liabilities
Total gross derivatives	104,680	120,604
Bilateral OTC | Other derivatives | Credit
Derivative Assets
Total gross derivatives	5,026	5,712
Derivative Liabilities
Total gross derivatives	5,071	5,920
Bilateral OTC | Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	78,738	90,654
Derivative Liabilities
Total gross derivatives	76,813	87,104
Bilateral OTC | Other derivatives | Equity
Derivative Assets
Total gross derivatives	32,410	20,338
Derivative Liabilities
Total gross derivatives	48,782	31,545
Bilateral OTC | Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	14,868	13,928
Derivative Liabilities
Total gross derivatives	12,475	12,237
Cleared OTC
Derivative Assets
Total gross derivatives	25,576	27,412
Counterparty netting	(22,675)	(23,851)
Cash collateral netting	(1,772)	(2,730)
Total in Trading assets	1,129	831
Financial instruments collateral	0	0
Net amounts	1,129	831
Derivative Liabilities
Total gross derivatives	23,504	25,045
Counterparty netting	(22,675)	(23,851)
Cash collateral netting	(604)	(983)
Total in Trading liabilities	225	211
Cash collateral netting	0	(8)
Net amounts	225	203
Cleared OTC | Designated as accounting hedges
Derivative Assets
Total gross derivatives	3	5
Derivative Liabilities
Total gross derivatives	35	43
Cleared OTC | Designated as accounting hedges | Interest rate
Derivative Assets
Total gross derivatives	0	0
Derivative Liabilities
Total gross derivatives	0	0
Cleared OTC | Designated as accounting hedges | Foreign exchange
Derivative Assets
Total gross derivatives	3	5
Derivative Liabilities
Total gross derivatives	35	43
Cleared OTC | Not designated as accounting hedges
Derivative Assets
Total gross derivatives	25,573	27,407
Derivative Liabilities
Total gross derivatives	23,469	25,002
Cleared OTC | Economic hedges of loans | Credit
Derivative Assets
Total gross derivatives	33	27
Derivative Liabilities
Total gross derivatives	786	702
Cleared OTC | Other derivatives | Interest rate
Derivative Assets
Total gross derivatives	17,372	19,914
Derivative Liabilities
Total gross derivatives	14,939	17,179
Cleared OTC | Other derivatives | Credit
Derivative Assets
Total gross derivatives	5,445	4,896
Derivative Liabilities
Total gross derivatives	5,048	4,427
Cleared OTC | Other derivatives | Foreign exchange
Derivative Assets
Total gross derivatives	2,721	2,570
Derivative Liabilities
Total gross derivatives	2,696	2,694
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	2	0
Derivative Liabilities
Total gross derivatives	0	0
Exchange- Traded
Derivative Assets
Total gross derivatives	63,419	40,960
Counterparty netting	(60,104)	(38,510)
Cash collateral netting	0	0
Total in Trading assets	3,315	2,450
Financial instruments collateral	0	0
Net amounts	3,315	2,450
Derivative Liabilities
Total gross derivatives	62,473	40,875
Counterparty netting	(60,104)	(38,510)
Cash collateral netting	0	0
Total in Trading liabilities	2,369	2,365
Cash collateral netting	(200)	(37)
Net amounts	2,169	2,328
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	63,419	40,960
Derivative Liabilities
Total gross derivatives	62,473	40,875
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	282	854
Derivative Liabilities
Total gross derivatives	225	590
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	126	16
Derivative Liabilities
Total gross derivatives	293	106
Exchange- Traded | Other derivatives | Equity
Derivative Assets
Total gross derivatives	60,700	37,737
Derivative Liabilities
Total gross derivatives	59,413	37,349
Exchange- Traded | Other derivatives | Commodity and other
Derivative Assets
Total gross derivatives	2,311	2,353
Derivative Liabilities
Total gross derivatives	$ 2,542	$ 2,830

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Notionals of Derivative Contracts (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Derivatives, Notional Amount
Derivative assets	$ 17,440	$ 18,280
Derivative liabilities	17,993	19,069
Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	141	94
Derivative liabilities	187	203
Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	129	92
Derivative liabilities	179	186
Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	12	2
Derivative liabilities	8	17
Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	17,299	18,186
Derivative liabilities	17,806	18,866
Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	1	1
Derivative liabilities	24	24
Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	11,547	13,070
Derivative liabilities	11,360	13,283
Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	437	390
Derivative liabilities	426	384
Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	3,819	3,550
Derivative liabilities	4,089	3,696
Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	1,279	968
Derivative liabilities	1,706	1,299
Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	216	207
Derivative liabilities	201	180
Bilateral OTC
Derivatives, Notional Amount
Derivative assets	8,870	8,416
Derivative liabilities	9,132	9,063
Bilateral OTC | Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	11	1
Derivative liabilities	7	17
Bilateral OTC | Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	2	3
Bilateral OTC | Designated as accounting hedges | Foreign exchange
Derivatives, Notional Amount
Derivative assets	11	1
Derivative liabilities	5	14
Bilateral OTC | Not designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	8,859	8,415
Derivative liabilities	9,125	9,046
Bilateral OTC | Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	0	0
Derivative liabilities	2	2
Bilateral OTC | Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	4,226	4,153
Derivative liabilities	4,222	4,631
Bilateral OTC | Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	242	214
Derivative liabilities	245	229
Bilateral OTC | Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	3,594	3,378
Derivative liabilities	3,836	3,496
Bilateral OTC | Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	665	528
Derivative liabilities	714	587
Bilateral OTC | Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	132	142
Derivative liabilities	106	101
Cleared OTC
Derivatives, Notional Amount
Derivative assets	7,225	8,792
Derivative liabilities	7,207	8,727
Cleared OTC | Designated as accounting hedges
Derivatives, Notional Amount
Derivative assets	130	93
Derivative liabilities	180	186
Cleared OTC | Designated as accounting hedges | Interest rate
Derivatives, Notional Amount
Derivative assets	129	92
Derivative liabilities	177	183
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	7,095	8,699
Derivative liabilities	7,027	8,541
Cleared OTC | Economic hedges of loans | Credit
Derivatives, Notional Amount
Derivative assets	1	1
Derivative liabilities	22	22
Cleared OTC | Other derivatives | Interest rate
Derivatives, Notional Amount
Derivative assets	6,682	8,357
Derivative liabilities	6,605	8,197
Cleared OTC | Other derivatives | Credit
Derivatives, Notional Amount
Derivative assets	195	176
Derivative liabilities	181	155
Cleared OTC | Other derivatives | Foreign exchange
Derivatives, Notional Amount
Derivative assets	214	165
Derivative liabilities	218	167
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	3	0
Derivative liabilities	1	0
Exchange- Traded
Derivatives, Notional Amount
Derivative assets	1,345	1,072
Derivative liabilities	1,654	1,279
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	1,345	1,072
Derivative liabilities	1,654	1,279
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	639	560
Derivative liabilities	533	455
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	11	7
Derivative liabilities	35	33
Exchange- Traded | Other derivatives | Equity
Derivatives, Notional Amount
Derivative assets	614	440
Derivative liabilities	992	712
Exchange- Traded | Other derivatives | Commodity and other
Derivatives, Notional Amount
Derivative assets	81	65
Derivative liabilities	$ 94	$ 79

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Cash flow hedges - Interest rate contracts
Recognized in OCI	$ 34	$ (12)	$ (26)	$ (30)
Less: Realized gains (losses) (pre-tax) reclassified from AOCI to interest income	(11)	(6)	(34)	(9)
Net change in cash flow hedges included within AOCI	45	(6)	8	(21)
Cash flow hedges expected to be reclassified from AOCI			$ (5)
Maximum length of time over which forecasted cash flows are hedged			18 months
Investment securities—AFS
Fair Value Hedges - Hedged Items
Amortized cost basis/ carrying amount currently or previously hedged	55,000		$ 55,000		$ 47,179
Basis adjustments included in amortized cost/ carrying amount	220		220		(732)
Deposits
Fair Value Hedges - Hedged Items
Amortized cost basis/ carrying amount currently or previously hedged	22,816		22,816		10,569
Basis adjustments included in amortized cost/ carrying amount	204		204		(31)
Borrowings
Borrowings
Carrying amount currently or previously hedged	175,810		175,810		158,659
Basis adjustments included in carrying amount—Outstanding hedges	(5,826)		(5,826)		(9,219)
Basis adjustments included in carrying amount—Terminated hedges	(654)		(654)		$ (671)
Fair Value Hedges | Interest Income | Interest rate
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in interest expense	(1,277)	259	(686)	457
Fair Value Hedges | Interest Income | Investment securities—AFS
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in interest expense	1,302	(239)	755	(423)
Fair Value Hedges | Interest expense | Interest rate
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in interest expense	5,777	(2,742)	3,627	(2,806)
Fair Value Hedges | Interest expense | Deposits
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in interest expense	(227)	(15)	(235)	(31)
Fair Value Hedges | Interest expense | Borrowings
Gain (Loss) on Fair Value Hedges Recognized in Interest Expense
Gains (losses) recognized in interest expense	(5,561)	2,781	(3,403)	2,856
Net Investment Hedges | Foreign exchange
Net investment hedges—Foreign exchange contracts
Recognized in OCI	(533)	375	122	381
Forward points excluded from hedge effectiveness testing—Recognized in Interest income	$ 50	$ 60	$ 140	$ 166

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities - Economic Loan Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Credit | Economic hedges of loans
Derivative [Line Items]
Gain (loss) on derivative recognized in other revenues	$ (101)	$ (104)	$ (248)	$ (330)

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities - Net Derivative Liabilities and Collateral Posted (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net derivative liabilities with credit risk-related contingent features	$ 23,138	$ 21,957
Collateral posted	$ 16,361	$ 16,389

Derivative Instruments and He_8

Derivative Instruments and Hedging Activities - Incremental Collateral and Termination Payments upon Potential Future Ratings Downgrade (Details) $ in Millions	Sep. 30, 2024 USD ($)
Bilateral Downgrade Agreement
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	$ 543
One-notch downgrade
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	213
Two-notch downgrade
Derivatives
Incremental collateral or termination payments upon potential future ratings downgrade	$ 458

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	Sep. 30, 2024	Dec. 31, 2023
Credit Derivatives
Maximum potential payout/notional	$ 431	$ 389
CDS
Credit Derivatives
Maximum potential payout/notional	428	386
CDS protection sold with identical protection purchased	373	330
Single-name CDS
Credit Derivatives
Maximum potential payout/notional	146	136
Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	103	97
Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	43	39
Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	282	250
Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	28	116
Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	254	134
Other credit contracts
Credit Derivatives
Maximum potential payout/notional	3	3
Less Than 1 (Year)
Credit Derivatives
Maximum potential payout/notional	39	42
Less Than 1 (Year) | CDS
Credit Derivatives
Maximum potential payout/notional	39	42
Less Than 1 (Year) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	25	26
Less Than 1 (Year) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	18	19
Less Than 1 (Year) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	7	7
Less Than 1 (Year) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	14	16
Less Than 1 (Year) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	5	8
Less Than 1 (Year) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	9	8
Less Than 1 (Year) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
1 - 3 (Years)
Credit Derivatives
Maximum potential payout/notional	79	76
1 - 3 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	79	76
1 - 3 (Years) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	45	43
1 - 3 (Years) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	29	29
1 - 3 (Years) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	16	14
1 - 3 (Years) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	34	33
1 - 3 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	11	19
1 - 3 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	23	14
1 - 3 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
3 - 5 (Years)
Credit Derivatives
Maximum potential payout/notional	225	236
3 - 5 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	225	236
3 - 5 (Years) | Single-name CDS
Credit Derivatives
Maximum potential payout/notional	58	56
3 - 5 (Years) | Single-name CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	41	39
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	167	180
3 - 5 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	11	85
3 - 5 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	156	95
3 - 5 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	0	0
Over 5 (Years)
Credit Derivatives
Maximum potential payout/notional	88	35
Over 5 (Years) | CDS
Credit Derivatives
Maximum potential payout/notional	85	32
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	15	10
Over 5 (Years) | Single-name CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	3	1
Over 5 (Years) | Index and basket CDS
Credit Derivatives
Maximum potential payout/notional	67	21
Over 5 (Years) | Index and basket CDS | Investment grade
Credit Derivatives
Maximum potential payout/notional	1	4
Over 5 (Years) | Index and basket CDS | Non-investment grade
Credit Derivatives
Maximum potential payout/notional	66	17
Over 5 (Years) | Other credit contracts
Credit Derivatives
Maximum potential payout/notional	$ 3	$ 3

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	Sep. 30, 2024	Dec. 31, 2023
Credit Derivatives
Fair Value Asset (Liability)	$ 5,334	$ 4,591
CDS
Credit Derivatives
Fair Value Asset (Liability)	5,201	4,277
Single-name CDS
Credit Derivatives
Fair Value Asset (Liability)	2,792	2,303
Single-name CDS | Investment grade
Credit Derivatives
Fair Value Asset (Liability)	2,122	1,904
Single-name CDS | Non-investment grade
Credit Derivatives
Fair Value Asset (Liability)	670	399
Index and basket CDS
Credit Derivatives
Fair Value Asset (Liability)	2,409	1,974
Index and basket CDS | Investment grade
Credit Derivatives
Fair Value Asset (Liability)	993	1,929
Index and basket CDS | Non-investment grade
Credit Derivatives
Fair Value Asset (Liability)	1,416	45
Other credit contracts
Credit Derivatives
Fair Value Asset (Liability)	$ 133	$ 314

Derivative Instruments and H_11

Derivative Instruments and Hedging Activities - Protection Purchased with CDS (Details) - Protection Purchased - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Credit Derivatives
Notional	$ 456,000	$ 409,000
CDS
Credit Derivatives
Fair Value Asset (Liability)	(5,789)	(5,019)
Single name
Credit Derivatives
Notional	173,000	166,000
Fair Value Asset (Liability)	(3,222)	(2,799)
Index and basket
Credit Derivatives
Notional	252,000	213,000
Fair Value Asset (Liability)	(1,559)	(1,208)
Tranched index and basket
Credit Derivatives
Notional	31,000	30,000
Fair Value Asset (Liability)	$ (1,008)	$ (1,012)

Investment Securities - AFS and

Investment Securities - AFS and HTM Securities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
AFS securities
AFS securities: Amortized cost, total	$ 100,685	$ 92,149
Gross Unrealized Gains	127	74
Gross Unrealized Losses	2,984	4,110
Fair Value	97,828	88,113
HTM securities
Amortized Cost	62,856	66,694
Gross Unrealized Gains	88	2
Gross Unrealized Losses	8,050	9,243
Fair Value	54,894	57,453
Investment securities: amortized cost, total	163,541	158,843
Gross Unrealized Gains	215	76
Gross Unrealized Losses	11,034	13,353
Investment securities: fair value, total	152,722	145,566
U.S. Treasury securities
AFS securities
AFS securities: Amortized cost, total	68,369	58,484
Gross Unrealized Gains	117	24
Gross Unrealized Losses	500	1,103
Fair Value	67,986	57,405
HTM securities
Amortized Cost	18,169	23,222
Gross Unrealized Gains	0	0
Gross Unrealized Losses	877	1,285
Fair Value	17,292	21,937
U.S. agency securities
AFS securities
AFS securities: Amortized cost, total	24,227	25,852
Gross Unrealized Gains	6	4
Gross Unrealized Losses	2,098	2,528
Fair Value	22,135	23,328
HTM securities
Amortized Cost	42,067	40,894
Gross Unrealized Gains	82	0
Gross Unrealized Losses	6,992	7,699
Fair Value	35,157	33,195
Agency CMBS
AFS securities
AFS securities: Amortized cost, total	5,828	5,871
Gross Unrealized Gains	0	0
Gross Unrealized Losses	365	456
Fair Value	5,463	5,415
HTM securities
Amortized Cost	1,245	1,337
Gross Unrealized Gains	0	0
Gross Unrealized Losses	81	121
Fair Value	1,164	1,216
State and municipal securities
AFS securities
AFS securities: Amortized cost, total	1,620	1,132
Gross Unrealized Gains	4	46
Gross Unrealized Losses	13	5
Fair Value	1,611	1,173
FFELP student loan ABS:
AFS securities
AFS securities: Amortized cost, total	641	810
Gross Unrealized Gains	0	0
Gross Unrealized Losses	8	18
Fair Value	$ 633	$ 792
HTM securities
Third party guarantees (as a percent)	95%	95%
Non-agency CMBS
HTM securities
Amortized Cost	$ 1,375	$ 1,241
Gross Unrealized Gains	6	2
Gross Unrealized Losses	100	138
Fair Value	$ 1,281	$ 1,105

Investment Securities - AFS Sec

Investment Securities - AFS Securities in an Unrealized Loss Position (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
AFS securities
AFS: Fair value, less than 12 months	$ 22,717	$ 19,172
AFS: Fair value, 12 months or longer	49,653	57,983
AFS: Fair value, total	72,370	77,155
AFS: Gross unrealized losses, less than 12 months	42	69
AFS: Gross unrealized losses, 12 months or longer	2,942	4,041
AFS: Gross unrealized losses, total	2,984	4,110
U.S. Treasury securities
AFS securities
AFS: Fair value, less than 12 months	21,410	14,295
AFS: Fair value, 12 months or longer	23,865	33,458
AFS: Fair value, total	45,275	47,753
AFS: Gross unrealized losses, less than 12 months	30	22
AFS: Gross unrealized losses, 12 months or longer	470	1,081
AFS: Gross unrealized losses, total	500	1,103
U.S. agency securities
AFS securities
AFS: Fair value, less than 12 months	638	4,297
AFS: Fair value, 12 months or longer	20,163	18,459
AFS: Fair value, total	20,801	22,756
AFS: Gross unrealized losses, less than 12 months	1	43
AFS: Gross unrealized losses, 12 months or longer	2,097	2,485
AFS: Gross unrealized losses, total	2,098	2,528
Agency CMBS
AFS securities
AFS: Fair value, less than 12 months	25	0
AFS: Fair value, 12 months or longer	5,105	5,415
AFS: Fair value, total	5,130	5,415
AFS: Gross unrealized losses, less than 12 months	0	0
AFS: Gross unrealized losses, 12 months or longer	365	456
AFS: Gross unrealized losses, total	365	456
State and municipal securities
AFS securities
AFS: Fair value, less than 12 months	620	524
AFS: Fair value, 12 months or longer	36	35
AFS: Fair value, total	656	559
AFS: Gross unrealized losses, less than 12 months	11	3
AFS: Gross unrealized losses, 12 months or longer	2	2
AFS: Gross unrealized losses, total	13	5
FFELP student loan ABS:
AFS securities
AFS: Fair value, less than 12 months	24	56
AFS: Fair value, 12 months or longer	484	616
AFS: Fair value, total	508	672
AFS: Gross unrealized losses, less than 12 months	0	1
AFS: Gross unrealized losses, 12 months or longer	8	17
AFS: Gross unrealized losses, total	$ 8	$ 18

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Schedule of Held-to-maturity Securities [Line Items]
Allowance for credit loss related to held-to-maturity securities	$ 0	$ 0
Investment grade percentage	98%	98%
Non-agency CMBS
Schedule of Held-to-maturity Securities [Line Items]
Allowance for credit loss related to held-to-maturity securities	$ 54	$ 44

Investment Securities - Investm

Investment Securities - Investment Securities by Contractual Maturity (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Amortized Cost
AFS securities: Amortized cost, total	$ 100,685	$ 92,149
HTM securities: Amortized cost, total	62,856
Investment securities: amortized cost, total	163,541	158,843
Fair Value
AFS securities: Fair value, total	97,828	88,113
HTM securities: Fair value, total	54,894	57,453
Investment securities	$ 152,722	145,566
Annualized Average Yield
AFS securities: Annualized average yield, total (as a percent)	3.20%
HTM securities: Annualized average yield, total (as a percent)	2.10%
Investment securities: Annualized average yield, total (as a percent)	2.80%
AFS securities: Annualized average yield including the interest rate swap accrual of related hedges, due within 1 year (as a percent)	2.70%
AFS securities: Annualized average yield including the interest rate swap accrual of related hedge (as a percent)	3.90%
U.S. Treasury securities
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 18,132
AFS securities: Amortized cost, after 1 year through 5 years	44,001
AFS securities: Amortized cost, after 5 years through 10 years	6,236
AFS securities: Amortized cost, total	68,369	58,484
HTM securities: Amortized cost, due within 1 year	4,596
HTM securities: Amortized cost, after 1 year through 5 years	11,514
HTM securities: Amortized cost, after 5 year through 10 years	503
HTM securities: Amortized cost, after 10 years	1,556
HTM securities: Amortized cost, total	18,169
Fair Value
AFS securities: Fair value, due within 1 year	17,928
AFS securities: Fair value, after 1 year through 5 years	43,834
AFS securities: Fair value, after 5 years through 10 years	6,224
AFS securities: Fair value, total	67,986	57,405
HTM securities: Fair value, due within 1 year	4,524
HTM securities: Fair value, after 1 year through 5 years	11,177
HTM securities: Fair value, after 5 years through 10 years	431
HTM securities: Fair value, after 10 years	1,160
HTM securities: Fair value, total	$ 17,292	21,937
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	2%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	3.50%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	4.10%
HTM securities: Annualized average yield, due within 1 year (as a percent)	1.40%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	2.20%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.10%
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	$ 10
AFS securities: Amortized cost, after 1 year through 5 years	277
AFS securities: Amortized cost, after 5 years through 10 years	448
AFS securities: Amortized cost, after 10 years	23,492
AFS securities: Amortized cost, total	24,227	25,852
HTM securities: Amortized cost, after 1 year through 5 years	4
HTM securities: Amortized cost, after 5 year through 10 years	243
HTM securities: Amortized cost, after 10 years	41,820
HTM securities: Amortized cost, total	42,067
Fair Value
AFS securities: Fair value, due within 1 year	10
AFS securities: Fair value, after 1 year through 5 years	268
AFS securities: Fair value, after 5 years through 10 years	420
AFS securities: Fair value, after 10 years	21,437
AFS securities: Fair value, total	22,135	23,328
HTM securities: Fair value, after 1 year through 5 years	4
HTM securities: Fair value, after 5 years through 10 years	232
HTM securities: Fair value, after 10 years	34,921
HTM securities: Fair value, total	$ 35,157	33,195
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	0.70%
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)	3.70%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	1.80%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	2.10%
HTM securities: Annualized average yield, after 10 year (as a percent)	2.10%
Agency CMBS
Amortized Cost
AFS securities: Amortized cost, after 1 year through 5 years	$ 3,874
AFS securities: Amortized cost, after 5 years through 10 years	832
AFS securities: Amortized cost, after 10 years	1,122
AFS securities: Amortized cost, total	5,828	5,871
HTM securities: Amortized cost, due within 1 year	320
HTM securities: Amortized cost, after 1 year through 5 years	695
HTM securities: Amortized cost, after 5 year through 10 years	125
HTM securities: Amortized cost, after 10 years	105
HTM securities: Amortized cost, total	1,245
Fair Value
AFS securities: Fair value, after 1 year through 5 years	3,740
AFS securities: Fair value, after 5 years through 10 years	797
AFS securities: Fair value, after 10 years	926
AFS securities: Fair value, total	5,463	5,415
HTM securities: Fair value, due within 1 year	314
HTM securities: Fair value, after 1 year through 5 years	655
HTM securities: Fair value, after 5 years through 10 years	109
HTM securities: Fair value, after 10 years	86
HTM securities: Fair value, total	$ 1,164	1,216
Annualized Average Yield
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	1.90%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	1.70%
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)	1.90%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	1.20%
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: Amortized cost, due within 1 year	$ 130
HTM securities: Amortized cost, after 1 year through 5 years	476
HTM securities: Amortized cost, after 5 year through 10 years	607
HTM securities: Amortized cost, after 10 years	162
HTM securities: Amortized cost, total	1,375
Fair Value
HTM securities: Fair value, due within 1 year	108
HTM securities: Fair value, after 1 year through 5 years	464
HTM securities: Fair value, after 5 years through 10 years	548
HTM securities: Fair value, after 10 years	161
HTM securities: Fair value, total	$ 1,281	1,105
Annualized Average Yield
HTM securities: Annualized average yield, due within 1 year (as a percent)	3.90%
HTM securities: Annualized average yield, after 1 years through 5 years (as a percent)	5%
HTM securities: Annualized average yield, after 5 years through 10 years (as a percent)	3.70%
HTM securities: Annualized average yield, after 10 year (as a percent)	5.50%
State and municipal securities
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 861
AFS securities: Amortized cost, after 1 year through 5 years	305
AFS securities: Amortized cost, after 5 years through 10 years	95
AFS securities: Amortized cost, after 10 years	359
AFS securities: Amortized cost, total	1,620	1,132
Fair Value
AFS securities: Fair value, due within 1 year	861
AFS securities: Fair value, after 1 year through 5 years	304
AFS securities: Fair value, after 5 years through 10 years	94
AFS securities: Fair value, after 10 years	352
AFS securities: Fair value, total	$ 1,611	1,173
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	5.10%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	4.60%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	4.70%
AFS securities: Annualized average yield, after 10 years (as a percent)	4%
FFELP student loan ABS:
Amortized Cost
AFS securities: Amortized cost, due within 1 year	$ 12
AFS securities: Amortized cost, after 1 year through 5 years	116
AFS securities: Amortized cost, after 5 years through 10 years	25
AFS securities: Amortized cost, after 10 years	488
AFS securities: Amortized cost, total	641	810
Fair Value
AFS securities: Fair value, due within 1 year	12
AFS securities: Fair value, after 1 year through 5 years	113
AFS securities: Fair value, after 5 years through 10 years	24
AFS securities: Fair value, after 10 years	484
AFS securities: Fair value, total	$ 633	$ 792
Annualized Average Yield
AFS securities: Annualized average yield, due within 1 year (as a percent)	5.80%
AFS securities: Annualized average yield, after 1 year through 5 years (as a percent)	6.10%
AFS securities: Annualized average yield, after 5 years through 10 years (as a percent)	5.90%
AFS securities: Annualized average yield, after 10 years (as a percent)	6.30%

Investment Securities - Gross R

Investment Securities - Gross Realized Gains (Losses) on Sales of AFS Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AFS securities
Gross realized gains	$ 0	$ 15	$ 50	$ 66
Gross realized (losses)	0	(1)	0	(21)
Total	$ 0	$ 14	$ 50	$ 45

Collateralized Transactions - O

Collateralized Transactions - Offsetting of Certain Collateralized Transactions (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Securities purchased under agreements to resell
Gross Amounts	$ 356,962	$ 300,242
Amounts Offset	(219,610)	(189,502)
Balance Sheet Net Amounts	137,352	110,740
Amounts not offset	(135,517)	(108,893)
Net Amounts	1,835	1,847
Securities borrowed
Gross Amounts	169,645	142,453
Amounts Offset	(37,233)	(21,362)
Balance Sheet Net Amounts	132,412	121,091
Amounts not offset	(125,108)	(115,969)
Net Amounts	7,304	5,122
Securities sold under agreements to repurchase
Gross Amounts	277,939	252,153
Amounts Offset	(219,610)	(189,502)
Balance Sheet Net Amounts	58,329	62,651
Amounts not offset	(53,937)	(58,357)
Net Amounts	4,392	4,294
Securities loaned
Gross Amounts	54,688	36,419
Amounts Offset	(37,233)	(21,362)
Balance Sheet Net Amounts	17,455	15,057
Amounts not offset	(17,436)	(15,046)
Net Amounts	19	11
Net amounts for which master netting agreements are not in place or may not be legally enforceable
Securities purchased under agreements to resell	1,751	1,741
Securities borrowed	2,877	607
Securities sold under agreements to repurchase	2,865	3,014
Securities loaned	$ 1	$ 2

Collateralized Transactions - G

Collateralized Transactions - Gross Secured Financing Balances (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Gross Secured Financing Balances
Securities sold under agreements to repurchase	$ 277,939	$ 252,153
Securities loaned	54,688	36,419
Total included in the offsetting disclosure	332,627	288,572
Trading liabilities— Obligation to return securities received as collateral	12,702	13,528
Total	345,329	302,100
U.S. Treasury and agency securities
Gross Secured Financing Balances
Securities sold under agreements to repurchase	88,009	98,377
Other sovereign government obligations
Gross Secured Financing Balances
Securities sold under agreements to repurchase	163,345	122,342
Securities loaned	1,261	1,379
Corporate equities
Gross Secured Financing Balances
Securities sold under agreements to repurchase	12,951	18,144
Securities loaned	52,311	34,434
Trading liabilities— Obligation to return securities received as collateral	12,685	13,502
Other
Gross Secured Financing Balances
Securities sold under agreements to repurchase	13,634	13,290
Securities loaned	1,116	606
Trading liabilities— Obligation to return securities received as collateral	17	26
Overnight and Open
Gross Secured Financing Balances
Securities sold under agreements to repurchase	125,805	80,376
Securities loaned	38,592	21,508
Total included in the offsetting disclosure	164,397	101,884
Trading liabilities— Obligation to return securities received as collateral	12,702	13,528
Total	177,099	115,412
Less than 30 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	92,731	114,826
Securities loaned	0	1,345
Total included in the offsetting disclosure	92,731	116,171
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	92,731	116,171
30-90 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	26,800	25,510
Securities loaned	348	709
Total included in the offsetting disclosure	27,148	26,219
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	27,148	26,219
Over 90 Days
Gross Secured Financing Balances
Securities sold under agreements to repurchase	32,603	31,441
Securities loaned	15,748	12,857
Total included in the offsetting disclosure	48,351	44,298
Trading liabilities— Obligation to return securities received as collateral	0	0
Total	$ 48,351	$ 44,298

Collateralized Transactions - A

Collateralized Transactions - Assets Loaned or Pledged (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financial Instruments Owned and Pledged as Collateral [Line Items]
Financial Instrument, Owned, Pledged Status [Extensible Enumeration]	Asset Pledged as Collateral [Member]
Trading assets	$ 362,298	$ 367,074
Asset Pledged as Collateral without Right
Financial Instruments Owned and Pledged as Collateral [Line Items]
Trading assets	$ 37,782	$ 37,522

Collateralized Transactions - C

Collateralized Transactions - Collateral Received (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Collateralized Agreements [Abstract]
Collateral received with right to sell or repledge	$ 884,657	$ 735,830
Collateral that was sold or repledged	$ 685,820	$ 553,386

Collateralized Transactions - S

Collateralized Transactions - Securities Segregated for Regulatory Purposes (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Collateralized Agreements [Abstract]
Segregated securities	$ 24,687	$ 20,670

Collateralized Transactions -_2

Collateralized Transactions - Customer Margin Lending (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Collateralized Agreements [Abstract]
Margin and other lending	$ 53,092	$ 45,644

Collateralized Transactions - N

Collateralized Transactions - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Offsetting [Abstract]
Offset of other secured financing liabilities against trade assets	$ 1,074	$ 3,472

Loans, Lending Commitments an_3

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans by Type (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
HFI Loans
Total loans	$ 219,116	$ 204,554
ACL	(1,104)	(1,169)	$ (1,157)	$ (839)
Total loans, net	218,012	203,385
HFS Loans
Total loans	12,862	15,255
Total loans, net	12,862	15,255
Total Loans
Total loans	231,978	219,809
ACL	(1,104)	(1,169)	(1,157)	(839)
Total loans, net	230,874	218,640
Loans to non-U.S. borrowers, net
HFI Loans
Total loans, net	23,319	21,152
HFS Loans
Total loans, net	4,037	5,043
Total Loans
Total loans, net	27,356	26,195
Corporate
HFI Loans
Total loans	6,304	6,758
ACL	(227)	(241)	(248)	(235)
HFS Loans
Total loans	9,094	11,862
Total Loans
Total loans	15,398	18,620
ACL	(227)	(241)	(248)	(235)
Secured lending facilities
HFI Loans
Total loans	45,728	39,498
ACL	(130)	(153)	(154)	(153)
HFS Loans
Total loans	3,612	3,161
Total Loans
Total loans	49,340	42,659
ACL	(130)	(153)	(154)	(153)
Commercial real estate
HFI Loans
Total loans	8,688	8,678
ACL	(411)	(463)	(426)	(275)
HFS Loans
Total loans	154	209
Total Loans
Total loans	8,842	8,887
ACL	(411)	(463)	(426)	(275)
Residential real estate
HFI Loans
Total loans	65,001	60,375
ACL	(90)	(100)	(110)	(87)
HFS Loans
Total loans	1	22
Total Loans
Total loans	65,002	60,397
ACL	(90)	(100)	(110)	(87)
Securities-based lending and Other
HFI Loans
Total loans	93,395	89,245
ACL	(246)	(212)	(219)	(89)
HFS Loans
Total loans	1	1
Total Loans
Total loans	93,396	89,246
ACL	$ (246)	$ (212)	$ (219)	$ (89)

Loans, Lending Commitments an_4

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans by Interest Rate Type (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	$ 55,397	$ 52,997
Floating or Adjustable Rate	176,581	166,812
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	0	0
Floating or Adjustable Rate	15,397	18,620
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	0	0
Floating or Adjustable Rate	49,341	42,659
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	141	141
Floating or Adjustable Rate	8,700	8,746
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	30,492	28,934
Floating or Adjustable Rate	34,510	31,464
Securities-based lending and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fixed Rate	24,764	23,922
Floating or Adjustable Rate	$ 68,633	$ 65,323

Loans, Lending Commitments an_5

Loans, Lending Commitments and Related Allowance for Credit Losses - Loans Held for Investment before Allowance by Credit Quality and Origination Year (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 219,116	$ 204,554
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	6,036	6,213
Current Fiscal Year	65	88
One Year Ago	50	166
Two Years Ago	28	104
Three Years Ago	90	54
Four Years Ago	35
Prior	0	133
Total	6,304	6,758
Corporate | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	2,083	2,350
Current Fiscal Year	53	0
One Year Ago	0	0
Two Years Ago	0	15
Three Years Ago	15	29
Four Years Ago	9
Prior	0	0
Total	2,160	2,394
Corporate | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	3,953	3,863
Current Fiscal Year	12	88
One Year Ago	50	166
Two Years Ago	28	89
Three Years Ago	75	25
Four Years Ago	26
Prior	0	133
Total	4,144	4,364
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	35,896	31,734
Current Fiscal Year	3,292	2,994
One Year Ago	2,756	2,782
Two Years Ago	2,529	365
Three Years Ago	285	80
Four Years Ago	0
Prior	970	1,543
Total	45,728	39,498
Secured lending facilities | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	10,512	9,494
Current Fiscal Year	818	1,535
One Year Ago	1,423	392
Two Years Ago	286	0
Three Years Ago	0	0
Four Years Ago	0
Prior	100	356
Total	13,139	11,777
Secured lending facilities | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	25,384	22,240
Current Fiscal Year	2,474	1,459
One Year Ago	1,333	2,390
Two Years Ago	2,243	365
Three Years Ago	285	80
Four Years Ago	0
Prior	870	1,187
Total	32,589	27,721
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	176	170
Current Fiscal Year	1,811	1,328
One Year Ago	1,219	2,184
Two Years Ago	2,100	1,864
Three Years Ago	1,888	756
Four Years Ago	430
Prior	1,064	2,376
Total	8,688	8,678
Commercial real estate | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	0	0
Current Fiscal Year	112	261
One Year Ago	409	284
Two Years Ago	245	370
Three Years Ago	145	0
Four Years Ago	0
Prior	0	195
Total	911	1,110
Commercial real estate | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	176	170
Current Fiscal Year	1,699	1,067
One Year Ago	810	1,900
Two Years Ago	1,855	1,494
Three Years Ago	1,743	756
Four Years Ago	430
Prior	1,064	2,181
Total	7,777	7,568
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	169	149
Current Fiscal Year	7,671	9,137
One Year Ago	8,605	13,740
Two Years Ago	13,165	13,690
Three Years Ago	13,153	8,450
Four Years Ago	8,053
Prior	14,185	15,209
Total	65,001	60,375
Residential real estate | Less than or equal to 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	169	149
Current Fiscal Year	6,935	8,168
One Year Ago	7,703	12,650
Two Years Ago	12,125	12,763
Three Years Ago	12,253	8,017
Four Years Ago	7,640
Prior	13,161	14,106
Total	59,986	55,853
Residential real estate | Greater than 80%
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	0	0
Current Fiscal Year	736	969
One Year Ago	902	1,090
Two Years Ago	1,040	927
Three Years Ago	900	433
Four Years Ago	413
Prior	1,024	1,103
Total	5,015	4,522
Residential real estate | Greater than or equal to 740
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	126	108
Current Fiscal Year	6,403	7,390
One Year Ago	6,946	10,927
Two Years Ago	10,444	11,075
Three Years Ago	10,646	6,916
Four Years Ago	6,591
Prior	10,848	11,642
Total	52,004	48,058
Residential real estate | 680-739
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	38	33
Current Fiscal Year	1,151	1,517
One Year Ago	1,449	2,424
Two Years Ago	2,346	2,376
Three Years Ago	2,274	1,430
Four Years Ago	1,363
Prior	2,932	3,131
Total	11,553	10,911
Residential real estate | Less than or equal to 679
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	5	8
Current Fiscal Year	117	230
One Year Ago	210	389
Two Years Ago	375	239
Three Years Ago	233	104
Four Years Ago	99
Prior	405	436
Total	1,444	1,406
Securities-based lending and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	81,862	78,066
Current Fiscal Year	1,926	2,585
One Year Ago	2,052	2,748
Two Years Ago	2,219	872
Three Years Ago	686	849
Four Years Ago	759
Prior	3,891	4,125
Total	93,395	89,245
Securities-based lending
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	73,585	71,474
Current Fiscal Year	1,003	1,612
One Year Ago	962	1,128
Two Years Ago	642	165
Three Years Ago	100	0
Four Years Ago	39
Prior	231	215
Total	76,562	74,594
Other | Investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	6,672	5,230
Current Fiscal Year	562	627
One Year Ago	434	816
Two Years Ago	463	330
Three Years Ago	103	435
Four Years Ago	239
Prior	1,214	2,096
Total	9,687	9,534
Other | Non-investment grade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revolving	1,605	1,362
Current Fiscal Year	361	346
One Year Ago	656	804
Two Years Ago	1,114	377
Three Years Ago	483	414
Four Years Ago	481
Prior	2,446	1,814
Total	$ 7,146	$ 5,117

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	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 219,116	$ 204,554
Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	416	393
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	6,304	6,758
Corporate | Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0	47
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	8,688	8,678
Commercial real estate | Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	182	185
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	65,001	60,375
Residential real estate | Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	147	160
Securities-based lending and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	93,395	89,245
Securities-based lending and Other | Past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 87	$ 1

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	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 936	$ 877
Nonaccrual loans without an ACL	200	86
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	75	95
Secured lending facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	6	87
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	469	426
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	119	95
Securities-based lending and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 267	$ 174

Loans, Lending Commitments an_8

Loans, Lending Commitments and Related Allowance for Credit Losses - Modified Loans Held for Investment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 107	$ 385	$ 422	$ 503
Percent of total loans	0%	0.20%	0.20%	0.30%
Term Extension
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 421	$ 463
Percent of total loans			0.20%	0.30%
Multiple Modifications - [Term Extension and Other-than-insignificant Payment Delay]
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 1	$ 40
Percent of total loans			0%	0.50%
Modified Terms
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 212	$ 424	$ 676	$ 877
Corporate | Term Extension
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 30	$ 82	$ 136	$ 114
Percent of total loans	0.50%	1.10%	2.20%	1.60%
Corporate | Term Extension | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	11 months	23 months	23 months	21 months
Corporate | Other-than-insignificant Payment Delay | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	0 months	0 months	0 months	0 months
Corporate | Principal Forgiveness | Single Modifications
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 0	$ 0	$ 0	$ 0
Corporate | Interest Rate Reduction | Single Modifications
Financing Receivable, Modified [Line Items]
Percent of total loans	0%	0%	0%	0%
Commercial real estate | Single Modifications
Financing Receivable, Modified [Line Items]
Percent of total loans	0%
Commercial real estate | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Percent of total loans				0%
Commercial real estate | Term Extension
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 56	$ 198	$ 136	$ 219
Percent of total loans	0.60%	2.40%	1.60%	2.60%
Commercial real estate | Term Extension | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	27 months	3 months	14 months	3 months
Commercial real estate | Term Extension | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification				7 months
Commercial real estate | Multiple Modifications - [Term Extension and Other-than-insignificant Payment Delay]
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 0	$ 40
Percent of total loans			0%	0.50%
Commercial real estate | Other-than-insignificant Payment Delay | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	0 months	0 months	0 months	0 months
Commercial real estate | Other-than-insignificant Payment Delay | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification				6 months
Commercial real estate | Principal Forgiveness | Single Modifications
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 0	$ 0	$ 0	$ 0
Commercial real estate | Principal Forgiveness | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Amortized Cost				$ 0
Commercial real estate | Interest Rate Reduction | Single Modifications
Financing Receivable, Modified [Line Items]
Percent of total loans		0%	0%	0%
Residential real estate | Term Extension
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 0	$ 1
Percent of total loans			0%	0%
Residential real estate | Term Extension | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification				4 months
Residential real estate | Term Extension | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification			120 months
Residential real estate | Multiple Modifications - [Term Extension and Other-than-insignificant Payment Delay]
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 1	$ 0
Percent of total loans			0%	0%
Residential real estate | Other-than-insignificant Payment Delay | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification				0 months
Residential real estate | Other-than-insignificant Payment Delay | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification			0 months
Residential real estate | Principal Forgiveness | Single Modifications
Financing Receivable, Modified [Line Items]
Amortized Cost				$ 0
Residential real estate | Principal Forgiveness | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Amortized Cost			$ 0
Residential real estate | Interest Rate Reduction | Single Modifications
Financing Receivable, Modified [Line Items]
Percent of total loans				0%
Residential real estate | Interest Rate Reduction | Multiple Modifications - Term Extension and Other-than-insignificant Payment Delay
Financing Receivable, Modified [Line Items]
Percent of total loans			1%
Securities-based lending and Other | Term Extension
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 21	$ 105	$ 149	$ 129
Percent of total loans	0%	0.10%	0.20%	0.10%
Securities-based lending and Other | Term Extension | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	12 months	4 months	21 months	8 months
Securities-based lending and Other | Other-than-insignificant Payment Delay | Single Modifications
Financing Receivable, Modified [Line Items]
Weighted average term increase from modification	0 months	0 months	0 months	0 months
Securities-based lending and Other | Principal Forgiveness | Single Modifications
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 0	$ 0	$ 0	$ 0
Securities-based lending and Other | Interest Rate Reduction | Single Modifications
Financing Receivable, Modified [Line Items]
Percent of total loans	0%	0%	0%	0%

Loans, Lending Commitments an_9

Loans, Lending Commitments and Related Allowance for Credit Losses - Past Due Loans Held for Investment Modified in the Last 12 Months (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	$ 219,116	$ 204,554
Total
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	109		$ 22
30-89 Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	42		21
90+ Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	67		1
Commercial real estate
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	8,688	8,678
Commercial real estate | Total
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	67		21
Commercial real estate | 30-89 Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	0		21
Commercial real estate | 90+ Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	67		0
Securities-based lending and Other
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	93,395	89,245
Securities-based lending and Other | Total
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	42
Securities-based lending and Other | 30-89 Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	42
Securities-based lending and Other | 90+ Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	0
Residential real estate
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans	$ 65,001	$ 60,375
Residential real estate | Total
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans			1
Residential real estate | 30-89 Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans			0
Residential real estate | 90+ Days Past Due
Financing Receivable, Modified, Subsequent Default [Line Items]
Total loans			$ 1

Loans, Lending Commitments a_10

Loans, Lending Commitments and Related Allowance for Credit Losses - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($) loan	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 219,116	$ 204,554
90+ Days Past Due
Financing Receivable, Modified [Line Items]
Amortized Cost	67		$ 1
Commercial real estate
Financing Receivable, Modified [Line Items]
Amortized Cost	$ 8,688	$ 8,678
Commercial real estate | 90+ Days Past Due
Financing Receivable, Modified [Line Items]
Number of contracts | loan	1
Amortized Cost	$ 67		$ 0

Loans, Lending Commitments a_11

Loans, Lending Commitments and Related Allowance for Credit Losses - Provision for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans	$ 123	$ 81	$ 462
Lending commitments	$ 11	$ 68	$ 67

Loans, Lending Commitments a_12

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	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Allowance for loan losses rollforward
Beginning balance		$ 1,169	$ 839
Gross charge-offs		(155)	(141)
Recoveries		7	1
Net (charge-offs) recoveries		(148)	(140)
Provision (release)	$ 123	81	462
Other		2	(4)
Ending balance	$ 1,157	$ 1,104	$ 1,157
Percent of loans to total loans	100%	100%	100%
Allowance for lending commitments rollforward
Beginning balance		$ 551	$ 504
Provision (release)	$ 11	68	67
Other		0	(2)
Ending balance	569	619	569
Total ending balance	1,726	1,723	1,726
Corporate
Allowance for loan losses rollforward
Beginning balance		241	235
Gross charge-offs		(39)	(30)
Recoveries		0	0
Net (charge-offs) recoveries		(39)	(30)
Provision (release)		24	44
Other		1	(1)
Ending balance	$ 248	$ 227	$ 248
Percent of loans to total loans	4%	3%	4%
Allowance for lending commitments rollforward
Beginning balance		$ 431	$ 411
Provision (release)		41	29
Other		(1)	(1)
Ending balance	$ 439	471	439
Total ending balance	687	698	687
Secured lending facilities
Allowance for loan losses rollforward
Beginning balance		153	153
Gross charge-offs		(11)	0
Recoveries		0	0
Net (charge-offs) recoveries		(11)	0
Provision (release)		(12)	2
Other		0	(1)
Ending balance	$ 154	$ 130	$ 154
Percent of loans to total loans	19%	21%	19%
Allowance for lending commitments rollforward
Beginning balance		$ 70	$ 51
Provision (release)		19	24
Other		1	0
Ending balance	$ 75	90	75
Total ending balance	229	220	229
Commercial real estate
Allowance for loan losses rollforward
Beginning balance		463	275
Gross charge-offs		(103)	(108)
Recoveries		4	0
Net (charge-offs) recoveries		(99)	(108)
Provision (release)		44	261
Other		3	(2)
Ending balance	$ 426	$ 411	$ 426
Percent of loans to total loans	4%	4%	4%
Allowance for lending commitments rollforward
Beginning balance		$ 26	$ 15
Provision (release)		9	12
Other		0	(1)
Ending balance	$ 26	35	26
Total ending balance	452	446	452
Residential real estate
Allowance for loan losses rollforward
Beginning balance		100	87
Gross charge-offs		0	0
Recoveries		0	1
Net (charge-offs) recoveries		0	1
Provision (release)		(10)	22
Other		0	0
Ending balance	$ 110	$ 90	$ 110
Percent of loans to total loans	28%	30%	28%
Allowance for lending commitments rollforward
Beginning balance		$ 4	$ 4
Provision (release)		0	0
Other		0	0
Ending balance	$ 4	4	4
Total ending balance	114	94	114
SBL and Other
Allowance for loan losses rollforward
Beginning balance		212	89
Gross charge-offs		(2)	(3)
Recoveries		3	0
Net (charge-offs) recoveries		1	(3)
Provision (release)		35	133
Other		(2)	0
Ending balance	$ 219	$ 246	$ 219
Percent of loans to total loans	45%	42%	45%
Allowance for lending commitments rollforward
Beginning balance		$ 20	$ 23
Provision (release)		(1)	2
Other		0	0
Ending balance	$ 25	19	25
Total ending balance	$ 244	$ 265	$ 244

Loans, Lending Commitments a_13

Loans, Lending Commitments and Related Allowance for Credit Losses - Gross Charge-offs by Origination Year (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable and Allowance for Credit Losses
Revolving	$ (39)		$ (39)	$ (30)
Two years ago	(18)		(18)
Three years ago			(2)
Four years ago		$ (1)	(11)	(2)
Five years ago		(39)		(69)
Prior	(44)		(85)
Prior				(40)
Total	(101)	(40)	(155)	(141)
Corporate
Financing Receivable and Allowance for Credit Losses
Revolving	(39)		(39)	(30)
Two years ago	0		0
Three years ago			0
Four years ago		0	0	0
Five years ago		0		0
Prior	0		0
Prior				0
Total	(39)	0	(39)	(30)
Secured lending facilities
Financing Receivable and Allowance for Credit Losses
Revolving	0		0	0
Two years ago	0		0
Three years ago			0
Four years ago		0	(11)	0
Five years ago		0		0
Prior	0		0
Prior				0
Total	0	0	(11)	0
Commercial real estate
Financing Receivable and Allowance for Credit Losses
Revolving	0		0	0
Two years ago	(18)		(18)
Three years ago			0
Four years ago		0	0	0
Five years ago		(39)		(68)
Prior	(44)		(85)
Prior				(40)
Total	(62)	(39)	(103)	(108)
Residential real estate
Financing Receivable and Allowance for Credit Losses
Revolving	0		0	0
Two years ago	0		0
Three years ago			0
Four years ago		0	0	0
Five years ago		0		0
Prior	0		0
Prior				0
Total	0	0	0	0
SBL and Other
Financing Receivable and Allowance for Credit Losses
Revolving	0		0	0
Two years ago	0		0
Three years ago			(2)
Four years ago		(1)	0	(2)
Five years ago		0		(1)
Prior	0		0
Prior				0
Total	$ 0	$ (1)	$ (2)	$ (3)

Loans, Lending Commitments a_14

Loans, Lending Commitments and Related Allowance for Credit Losses - Schedule of Selected Credit Ratios (Details)	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
ACL for loans to total HFI loans	0.50%	0.60%
Nonaccrual HFI loans to total HFI loans	0.40%	0.40%
ACL for loans to nonaccrual HFI loans	117.90%	133.30%

Loans, Lending Commitments a_15

Loans, Lending Commitments and Related Allowance for Credit Losses - Employee Loans (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Employee Loans [Line Items]
Other receivables	$ 91,380	$ 80,105
Employee loans	4,268	4,349
ACL	(109)	(121)
Employee loans, net of ACL	$ 4,159	$ 4,228
Remaining repayment term, weighted average in years	5 years 8 months 12 days	5 years 9 months 18 days
Currently employed by the Firm | Related Party
Employee Loans [Line Items]
Other receivables	$ 4,182	$ 4,257
No longer employed by the Firm | Related Party
Employee Loans [Line Items]
Other receivables	$ 86	$ 92

Other Assets - Balances (Detail

Other Assets - Balances (Details) - Investment Management - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Equity Method Investments
Investments	$ 2,202		$ 2,202		$ 1,915
Income (loss)	$ 75	$ 19	$ 185	$ 105

Other Assets - Joint Ventures (

Other Assets - Joint Ventures (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
MUMSS
Equity Method Investments
Income (loss) from investment in MUMSS	$ 52	$ 10	$ 128	$ 102

Other Assets - Tax Equity Inves

Other Assets - Tax Equity Investments under the Proportional Amortization Method (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Equity Method Investments
Total proportional amortization method investment	$ 1,819	$ 1,699
Unfunded equity contributions	$ 620	661
Funding period	5 years
Excluded tax equity investments	$ 48
Low Income Housing
Equity Method Investments
Total proportional amortization method investment	1,790	1,699
Renewable Energy and Other
Equity Method Investments
Total proportional amortization method investment	$ 29	$ 0

Other Assets - Net Benefits Att

Other Assets - Net Benefits Attributable to Tax Equity Investments under the Proportional Amortization Method (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Income tax credits and other income tax benefits	$ 74	$ 60	$ 227	$ 184
Proportional amortization	(59)	(49)	(177)	(148)
Net benefits	$ 15	$ 11	$ 50	$ 36

Deposits - Summary (Details)

Deposits - Summary (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Deposits [Abstract]
Savings and demand deposits	$ 285,849	$ 288,252
Time deposits	77,873	63,552
Total	363,722	351,804
Deposits subject to FDIC insurance	290,565	276,598
Deposits not subject to FDIC insurance	$ 73,157	$ 75,206

Deposits - Time Deposit Maturit

Deposits - Time Deposit Maturities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Time Deposit Maturities
2024	$ 10,698
2025	32,435
2026	15,553
2027	9,143
2028	5,830
Thereafter	4,214
Total	$ 77,873	$ 63,552

Borrowings and Other Secured _3

Borrowings and Other Secured Financings - Borrowings (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Borrowings
Original maturities of one year or less	$ 6,957	$ 3,188
Original maturities greater than one year
Senior	277,087	248,174
Subordinated	14,136	12,370
Total greater than one year	291,223	260,544
Total	$ 298,180	$ 263,732
Weighted average stated maturity, in years	6 years 6 months	6 years 7 months 6 days

Borrowings and Other Secured _4

Borrowings and Other Secured Financings - Other Secured Financings (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Original maturities:
One year or less	$ 13,857	$ 5,732
Greater than one year	4,286	6,923
Total	18,143	12,655
Transfers of assets accounted for as secured financings	$ 9,419	$ 5,848

Commitments, Guarantees and C_3

Commitments, Guarantees and Contingencies - Commitments (Details) $ in Millions	Sep. 30, 2024 USD ($)
Commitment, Fiscal Year Maturity
Less than 1 (year)	$ 184,967
1-3 (years)	52,009
3-5 (years)	69,864
Over 5 (years)	26,407
Total	333,247
Forward-Starting Secured Financing Receivables
Commitment, Fiscal Year Maturity
Less than 1 (year)	140,981
1-3 (years)	1,041
3-5 (years)	0
Over 5 (years)	0
Total	142,022
Central counterparty
Commitment, Fiscal Year Maturity
Less than 1 (year)	300
1-3 (years)	0
3-5 (years)	0
Over 5 (years)	17,406
Total	17,706
Underwriting
Commitment, Fiscal Year Maturity
Less than 1 (year)	775
1-3 (years)	0
3-5 (years)	0
Over 5 (years)	0
Total	775
Investment activities
Commitment, Fiscal Year Maturity
Less than 1 (year)	1,752
1-3 (years)	90
3-5 (years)	88
Over 5 (years)	461
Total	2,391
Letters of credit and other financial guarantees
Commitment, Fiscal Year Maturity
Less than 1 (year)	29
1-3 (years)	16
3-5 (years)	0
Over 5 (years)	7
Total	52
Corporate
Commitment, Fiscal Year Maturity
Less than 1 (year)	17,694
1-3 (years)	41,246
3-5 (years)	63,961
Over 5 (years)	4,243
Total	127,144
Lending commitments participated to third parties	9,967
Secured lending facilities
Commitment, Fiscal Year Maturity
Less than 1 (year)	6,642
1-3 (years)	7,054
3-5 (years)	5,207
Over 5 (years)	3,445
Total	22,348
Commercial and Residential real estate
Commitment, Fiscal Year Maturity
Less than 1 (year)	262
1-3 (years)	476
3-5 (years)	123
Over 5 (years)	390
Total	1,251
Securities-based lending and Other
Commitment, Fiscal Year Maturity
Less than 1 (year)	16,532
1-3 (years)	2,086
3-5 (years)	485
Over 5 (years)	455
Total	$ 19,558

Commitments, Guarantees and C_4

Commitments, Guarantees and Contingencies - Obligations under Guarantee Arrangements (Details) $ in Millions	Sep. 30, 2024 USD ($)
Non-credit derivatives
Guarantees
Carrying Amount Asset (Liability)	$ (28,344)
Non-credit derivatives | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	1,383,450
Non-credit derivatives | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	786,666
Non-credit derivatives | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	178,523
Non-credit derivatives | Over 5 (Years)
Guarantees
Maximum potential payout/notional	488,219
Standby letters of credit and other financial guarantees issued
Guarantees
Carrying Amount Asset (Liability)	9
Standby letters of credit	600
Allowance for credit loss	58
Standby letters of credit and other financial guarantees issued | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	1,749
Standby letters of credit and other financial guarantees issued | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	1,002
Standby letters of credit and other financial guarantees issued | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	1,097
Standby letters of credit and other financial guarantees issued | Over 5 (Years)
Guarantees
Maximum potential payout/notional	2,692
Liquidity facilities
Guarantees
Carrying Amount Asset (Liability)	2
Liquidity facilities | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	2,347
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 Asset (Liability)	0
Whole loan sales guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	9
Whole loan sales guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	78
Whole loan sales guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	0
Whole loan sales guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	23,071
Securitization representations and warranties
Guarantees
Carrying Amount Asset (Liability)	0
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	85,252
General partner guarantees
Guarantees
Carrying Amount Asset (Liability)	(95)
General partner guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	171
General partner guarantees | 1 - 3 (Years)
Guarantees
Maximum potential payout/notional	32
General partner guarantees | 3 - 5 (Years)
Guarantees
Maximum potential payout/notional	133
General partner guarantees | Over 5 (Years)
Guarantees
Maximum potential payout/notional	30
Client clearing guarantees
Guarantees
Carrying Amount Asset (Liability)	0
Client clearing guarantees | Less Than 1 (Year)
Guarantees
Maximum potential payout/notional	290
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 - Legal Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Legal expenses	$ 24	$ 18	$ 10	$ 214

Commitments, Guarantees and C_6

Commitments, Guarantees and Contingencies - Narrative (Details) € in Millions, kr in Millions, $ in Millions					1 Months Ended		9 Months Ended
	Nov. 29, 2017 USD ($)	Nov. 29, 2017 DKK (kr)	Oct. 05, 2017 USD ($)	Oct. 05, 2017 DKK (kr)	Mar. 31, 2021 USD ($)	Feb. 29, 2016 operator	Sep. 30, 2024 EUR (€) complaint lawsuit	Sep. 30, 2024 USD ($) lawsuit	Oct. 29, 2014 USD ($) certificate	May 17, 2013 USD ($)
Common Class B | Viacom
Loss Contingencies
Amount of stock offered					$ 1,700
Convertible Preferred Stock Subject to Mandatory Redemption | Viacom
Loss Contingencies
Amount of stock offered					$ 1,000
Dividend rate					5.75%
Pending Litigation
Loss Contingencies
Number of punative class action lawsuits regarding cash sweep programs | lawsuit							3	3
United States District Court for the Southern District of New York (“SDNY”) styled In Re: Interest Rate Swaps Antitrust Litigation | Pending Litigation
Loss Contingencies
Number of swap execution facilities | operator						3
City of Philadelphia, et al. v. Bank of America Corporation, et al. | Pending Litigation
Loss Contingencies
Number of antitrust class action complaints | complaint							3
Case Number 15/3637 and Case Number 15/4353 | Pending Litigation
Loss Contingencies
Withholding tax credit set-off							€ 124	$ 138
Case number B-803-18 (previously BS 99-6998/2017 | Pending Litigation
Loss Contingencies
Damages sought			$ 79	kr 529
Case number B-2073-16 | Pending Litigation
Loss Contingencies
Damages sought	$ 115	kr 767
IKB International S.A. in Liquidation, et al. v. Morgan Stanley, et al. | Pending Litigation
Loss Contingencies
Value of mortgage pass-through certificates									$ 116	$ 133
Number of certificates dismissed | certificate									4

Variable Interest Entities an_3

Variable Interest Entities and Securitization Activities - Assets and Liabilities by Type of Activity (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
VIE Assets	$ 1,258,027	$ 1,193,693
VIE Liabilities	1,153,356	1,093,711
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity
VIE Assets	2,507	2,310
VIE Liabilities	1,566	1,375
Variable Interest Entity, Primary Beneficiary | MABS
Variable Interest Entity
VIE Assets	759	597
VIE Liabilities	265	256
Variable Interest Entity, Primary Beneficiary | Investment vehicles
Variable Interest Entity
VIE Assets	775	753
VIE Liabilities	573	502
Variable Interest Entity, Primary Beneficiary | MTOB
Variable Interest Entity
VIE Assets	681	582
VIE Liabilities	630	520
Variable Interest Entity, Primary Beneficiary | Other
Variable Interest Entity
VIE Assets	292	378
VIE Liabilities	$ 98	$ 97

Variable Interest Entities an_4

Variable Interest Entities and Securitization Activities - Assets and Liabilities by Balance Sheet Caption (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 91,084	$ 89,232
Trading assets	362,298	367,074
Investment securities	152,722	145,566
Securities purchased under agreements to resell	137,352	110,740
Customer and other receivables	91,380	80,105
Other assets	28,588	28,242
Total assets	1,258,027	1,193,693
Liabilities
Other secured financings	18,143	12,655
Other liabilities and accrued expenses	28,698	28,151
Borrowings	298,180	263,732
Total liabilities	1,153,356	1,093,711
Noncontrolling interests	1,024	944
Variable Interest Entity, Primary Beneficiary
Assets
Cash and cash equivalents	105	164
Trading assets	2,061	1,557
Investment securities	287	492
Securities purchased under agreements to resell	33	67
Customer and other receivables	19	26
Other assets	2	4
Total assets	2,507	2,310
Liabilities
Other secured financings	1,382	1,222
Other liabilities and accrued expenses	119	121
Borrowings	65	32
Total liabilities	1,566	1,375
Noncontrolling interests	$ 52	$ 54

Variable Interest Entities an_5

Variable Interest Entities and Securitization Activities - Non-Consolidated VIEs (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
VIE Assets	$ 1,258,027	$ 1,193,693
Additional VIE assets owned	15,894	15,002
VIE Liabilities	1,153,356	1,093,711
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE assets (UPB)	169,011	144,906
MABS
Variable Interest Entity
VIE assets (UPB)	169,011	144,906
Maximum exposure to loss	33,039	24,642
MABS | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	26,255	21,203
MABS | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	26,255	21,203
MABS | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	26,255	21,203
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
VIE Assets	0	0
MABS | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	6,784	3,439
MABS | Liabilities | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0
MABS | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0	0
CDO
Variable Interest Entity
VIE assets (UPB)	5,193	1,526
Maximum exposure to loss	307	52
CDO | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	307	52
CDO | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	307	52
CDO | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	307	52
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
VIE Assets	0	0
CDO | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
CDO | Liabilities | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0
CDO | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0	0
MTOB
Variable Interest Entity
VIE assets (UPB)	3,529	3,152
Maximum exposure to loss	2,347	2,092
MTOB | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	5	2
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
VIE Assets	0	0
MTOB | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	2,347	2,092
MTOB | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	5	2
MTOB | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
MTOB | Liabilities | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	3
MTOB | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	3	3
OSF
Variable Interest Entity
VIE assets (UPB)	3,942	3,102
Maximum exposure to loss	2,441	2,049
OSF | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	1,952	1,682
OSF | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	2,441	2,049
OSF | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	1,952	1,682
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
VIE Assets	0	0
OSF | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	0	0
OSF | Liabilities | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0
OSF | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	0	0
Other
Variable Interest Entity
VIE assets (UPB)	75,964	50,052
Maximum exposure to loss	15,894	13,583
Other | Assets | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	12,315	10,405
Other | Debt and equity interests
Variable Interest Entity
Maximum exposure to loss	10,822	9,076
Other | Debt and equity interests | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	10,791	9,075
Other | Derivative and other contracts
Variable Interest Entity
Maximum exposure to loss	4,899	4,452
Other | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Assets	1,524	1,330
Other | Commitments, guarantees and other
Variable Interest Entity
Maximum exposure to loss	173	55
Other | Liabilities | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	448
Other | Derivative and other contracts | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
VIE Liabilities	$ 448	$ 452

Variable Interest Entities an_6

Variable Interest Entities and Securitization Activities - Mortgage and Asset Backed Securitization Assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
Debt and Equity Interests	$ 1,258,027	$ 1,193,693
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
UPB	169,011	144,906
Variable Interest Entity, Not Primary Beneficiary | Residential mortgages
Variable Interest Entity
UPB	18,547	17,346
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgages
Variable Interest Entity
UPB	77,915	74,590
Variable Interest Entity, Not Primary Beneficiary | U.S. agency collateralized mortgage obligations
Variable Interest Entity
UPB	42,255	42,917
Variable Interest Entity, Not Primary Beneficiary | Other consumer or commercial loans
Variable Interest Entity
UPB	30,294	10,053
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests
Variable Interest Entity
Debt and Equity Interests	26,255	21,203
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Residential mortgages
Variable Interest Entity
Debt and Equity Interests	2,984	3,355
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Commercial mortgages
Variable Interest Entity
Debt and Equity Interests	8,937	8,342
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | U.S. agency collateralized mortgage obligations
Variable Interest Entity
Debt and Equity Interests	6,371	6,675
Variable Interest Entity, Not Primary Beneficiary | Debt and Equity Interests | Other consumer or commercial loans
Variable Interest Entity
Debt and Equity Interests	$ 7,963	$ 2,831

Variable Interest Entities an_7

Variable Interest Entities and Securitization Activities - Transferred Assets with Continuing Involvement (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
Derivative assets	$ 37,227	$ 37,313
Derivative liabilities	32,619	35,275
SPE
Variable Interest Entity
Interests purchased in the secondary market	199	100
Derivative assets	1,326	1,073
Derivative liabilities	374	426
SPE | Investment grade
Variable Interest Entity
Interests purchased in the secondary market	172	84
SPE | Non-investment grade
Variable Interest Entity
Interests purchased in the secondary market	27	16
SPE | RML
Variable Interest Entity
SPE assets (UPB)	5,968	4,333
Retained interests	318	232
Interests purchased in the secondary market	87	20
Derivative assets	0	0
Derivative liabilities	0	0
SPE | RML | Investment grade
Variable Interest Entity
Retained interests	184	149
Interests purchased in the secondary market	81	20
SPE | RML | Non-investment grade
Variable Interest Entity
Retained interests	134	83
Interests purchased in the secondary market	6	0
SPE | CML
Variable Interest Entity
SPE assets (UPB)	75,286	73,818
Retained interests	1,440	1,441
Interests purchased in the secondary market	38	38
Derivative assets	0	0
Derivative liabilities	0	0
SPE | CML | Investment grade
Variable Interest Entity
Retained interests	542	653
Interests purchased in the secondary market	17	22
SPE | CML | Non-investment grade
Variable Interest Entity
Retained interests	898	788
Interests purchased in the secondary market	21	16
SPE | U.S. Agency CMO
Variable Interest Entity
SPE assets (UPB)	19,432	12,083
Retained interests	945	460
Interests purchased in the secondary market	74	42
Derivative assets	0	0
Derivative liabilities	0	0
SPE | U.S. Agency CMO | Investment grade
Variable Interest Entity
Retained interests	945	460
Interests purchased in the secondary market	74	42
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)	13,153	12,438
Retained interests	55	69
Interests purchased in the secondary market	0	0
Derivative assets	1,326	1,073
Derivative liabilities	374	426
SPE | CLN and Other | Investment grade
Variable Interest Entity
Retained interests	0	0
Interests purchased in the secondary market	0	0
SPE | CLN and Other | Non-investment grade
Variable Interest Entity
Retained interests	55	69
Interests purchased in the secondary market	$ 0	$ 0

Variable Interest Entities an_8

Variable Interest Entities and Securitization Activities - Fair Value of Transfers of Assets with Continuing Involvement (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
Derivative assets	$ 37,227	$ 37,313
Derivative liabilities	32,619	35,275
SPE
Variable Interest Entity
Retained interests	1,137	642
Interests purchased in the secondary market	199	100
Derivative assets	1,326	1,073
Derivative liabilities	374	426
SPE | Investment grade
Variable Interest Entity
Retained interests	1,053	576
Interests purchased in the secondary market	172	84
SPE | Non-investment grade
Variable Interest Entity
Retained interests	84	66
Interests purchased in the secondary market	27	16
SPE | Level 2
Variable Interest Entity
Retained interests	1,064	586
Interests purchased in the secondary market	186	89
Derivative assets	1,326	1,073
Derivative liabilities	374	426
SPE | Level 2 | Investment grade
Variable Interest Entity
Retained interests	1,053	576
Interests purchased in the secondary market	169	77
SPE | Level 2 | Non-investment grade
Variable Interest Entity
Retained interests	11	10
Interests purchased in the secondary market	17	12
SPE | Level 3
Variable Interest Entity
Retained interests	73	56
Interests purchased in the secondary market	13	11
Derivative assets	0	0
Derivative liabilities	0	0
SPE | Level 3 | Investment grade
Variable Interest Entity
Retained interests	0	0
Interests purchased in the secondary market	3	7
SPE | Level 3 | Non-investment grade
Variable Interest Entity
Retained interests	73	56
Interests purchased in the secondary market	$ 10	$ 4

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Variable Interest Entities and Securitization Activities [Abstract]
New transactions	$ 7,562	$ 9,132	$ 24,160	$ 15,257
Retained interests	$ 850	$ 115	$ 5,041	$ 2,767

Variable Interest Entities a_10

Variable Interest Entities and Securitization Activities - Assets Sold with Retained Exposure (Details) - Bilateral OTC - Equity - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Transfer of Financial Assets Accounted for as Sales
Gross cash proceeds from sale of assets	$ 79,720	$ 60,766
Fair value
Assets sold	81,720	62,221
Derivative assets recognized in the balance sheet	2,194	1,546
Derivative liabilities recognized in the balance sheet	$ 194	$ 93

Regulatory Requirements - Capit

Regulatory Requirements - Capital Buffer Requirements (Details)	Sep. 30, 2024	Dec. 31, 2023
Capital conservation buffer
Advanced (as a percent)	0.025	0.025
SCB
Standardized (as a percent)	0.054	0.054
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)	0.084	0.084
Advanced (as a percent)	0.055	0.055
Maximum
CCyB
Standardized (as a percent)	0.025
Advanced (as a percent)	0.025

Regulatory Requirements - Narra

Regulatory Requirements - Narrative (Details)	Sep. 30, 2024	Dec. 31, 2023
Regulatory Requirements
Standardized (as a percent)	0	0
Maximum
Regulatory Requirements
Standardized (as a percent)	0.025

Regulatory Requirements - Risk-

Regulatory Requirements - Risk-Based Regulatory Capital Ratio Requirements (Details)	Sep. 30, 2024	Dec. 31, 2023
CET1 capital ratio
Regulatory Minimum (as a percent)	0.045
Standardized (as a percent)	12.90%	12.90%
Advanced (as a percent)	0.100	0.100
Tier 1 capital ratio
Regulatory Minimum (as a percent)	0.060
Standardized (as a percent)	0.144	0.144
Advanced (as a percent)	0.115	0.115
Total capital ratio
Regulatory Minimum (as a percent)	0.080
Standardized (as a percent)	0.164	0.164
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	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Risk-based capital
CET1 capital	$ 73,906	$ 69,448
Tier 1 capital	83,744	78,183
Total capital	95,301	88,874
Total RWA	$ 490,293	$ 456,053
Risk-based capital ratio
Common Equity Tier 1 capital (as a percent)	0.151	0.152
Tier 1 capital (as a percent)	0.171	0.171
Total capital (as a percent)	0.194	0.195
Required Ratio
Common Equity Tier 1 capital (as a percent)	12.90%	12.90%
Tier 1 capital (as a percent)	0.144	0.144
Total capital (as a percent)	0.164	0.164
Leveraged-based capital
Adjusted average assets	$ 1,218,361	$ 1,159,626
Supplementary leverage exposure	$ 1,517,290	$ 1,429,552
Leveraged-based capital ratio
Tier 1 leverage (as a percent)	0.069	0.067
SLR (as a percent)	0.055	0.055
Required Ratio
Tier 1 leverage (as a percent)	0.040	0.040
SLR (as a percent)	5%	5%

Regulatory Requirements - U.S.

Regulatory Requirements - U.S. Bank Subsidiaries' Regulatory Capital and Capital Ratios (Details) $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Required Ratio
Common Equity Tier 1 capital (as a percent)	12.90%	12.90%
Tier 1 capital (as a percent)	0.144	0.144
Total capital (as a percent)	0.164	0.164
Tier 1 leverage (as a percent)	0.040	0.040
SLR (as a percent)	5%	5%
Risk-based capital
CET1 capital	$ 73,906	$ 69,448
Tier 1 capital	83,744	78,183
Total capital	$ 95,301	$ 88,874
Risk-based capital ratio
Common Equity Tier 1 capital (as a percent)	0.151	0.152
Tier 1 capital (as a percent)	0.171	0.171
Total capital (as a percent)	0.194	0.195
Tier 1 leverage (as a percent)	0.069	0.067
SLR (as a percent)	0.055	0.055
MSBNA
Well-Capitalized Requirement Ratio [Abstract]
Common Equity Tier 1 capital (as a percent)	6.50%
Tier 1 capital (as a percent)	8%
Total capital (as a percent)	0.100
Tier 1 leverage (as a percent)	0.050
SLR (as a percent)	6%
Required Ratio
Common Equity Tier 1 capital (as a percent)	7%
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%
Risk-based capital
CET1 capital	$ 24,752	$ 21,925
Tier 1 capital	24,752	21,925
Total capital	25,607	22,833
Tier 1 leverage	24,752	21,925
SLR	$ 24,752	$ 21,925
Risk-based capital ratio
Common Equity Tier 1 capital (as a percent)	0.230	0.217
Tier 1 capital (as a percent)	0.230	0.217
Total capital (as a percent)	0.238	0.226
Tier 1 leverage (as a percent)	0.113	0.106
SLR (as a percent)	0.086	0.082
MSPBNA
Well-Capitalized Requirement Ratio [Abstract]
Common Equity Tier 1 capital (as a percent)	6.50%
Tier 1 capital (as a percent)	8%
Total capital (as a percent)	0.100
Tier 1 leverage (as a percent)	0.050
SLR (as a percent)	6%
Required Ratio
Common Equity Tier 1 capital (as a percent)	7%
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%
Risk-based capital
CET1 capital	$ 17,177	$ 15,388
Tier 1 capital	17,177	15,388
Total capital	17,496	15,675
Tier 1 leverage	17,177	15,388
SLR	$ 17,177	$ 15,388
Risk-based capital ratio
Common Equity Tier 1 capital (as a percent)	0.273	0.258
Tier 1 capital (as a percent)	0.273	0.258
Total capital (as a percent)	0.278	0.263
Tier 1 leverage (as a percent)	0.083	0.075
SLR (as a percent)	0.080	0.072

Regulatory Requirements - U.S_2

Regulatory Requirements - U.S. Broker-Dealer Regulatory Capital Requirements (Details) - MS&Co. - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Regulatory Requirements
Net capital	$ 17,160	$ 18,121
Excess net capital	$ 12,342	$ 13,676

Total Equity - Preferred Stock

Total Equity - Preferred Stock Outstanding (Details) - USD ($) $ / shares in Units, $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Class of Stock
Preferred stock carrying value	$ 9,750	$ 8,750
Preferred stock shares authorized (shares)	30,000,000	30,000,000
Series A
Class of Stock
Preferred stock shares outstanding (shares)	44,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,100	$ 1,100
Series C
Class of Stock
Preferred stock shares outstanding (shares)	519,882,000,000
Liquidation preference per share (USD per share)	$ 1,000,000,000
Preferred stock carrying value	$ 408	408
Series E
Class of Stock
Preferred stock shares outstanding (shares)	34,500,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 862	862
Series F
Class of Stock
Preferred stock shares outstanding (shares)	34,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 850	850
Series I
Class of Stock
Preferred stock shares outstanding (shares)	40,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,000	1,000
Series K
Class of Stock
Preferred stock shares outstanding (shares)	40,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,000	1,000
Series L
Class of Stock
Preferred stock shares outstanding (shares)	20,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 500	500
Series M
Class of Stock
Preferred stock shares outstanding (shares)	400,000,000,000
Liquidation preference per share (USD per share)	$ 1,000,000,000
Preferred stock carrying value	$ 430	430
Series N
Class of Stock
Preferred stock shares outstanding (shares)	3,000,000,000
Liquidation preference per share (USD per share)	$ 100,000,000,000
Preferred stock carrying value	$ 300	300
Series O
Class of Stock
Preferred stock shares outstanding (shares)	52,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,300	1,300
Series P
Class of Stock
Preferred stock shares outstanding (shares)	40,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,000	1,000
Series Q
Class of Stock
Preferred stock shares outstanding (shares)	40,000,000,000
Liquidation preference per share (USD per share)	$ 25,000,000,000
Preferred stock carrying value	$ 1,000	$ 0

Total Equity - Common Stock Rep

Total Equity - Common Stock Repurchases (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Repurchases of common stock under the Firm’s Share Repurchase Authorization	$ 750	$ 1,500	$ 2,500	$ 4,000

Total Equity - Narrative (Detai

Total Equity - Narrative (Details) $ / shares in Units, shares in Millions, $ in Billions	Jul. 30, 2024 USD ($) $ / shares shares	Jun. 28, 2024 USD ($)
Class of Stock
Authorized repurchase amount of outstanding common stock | $		$ 20
Non-Cumulative Preferred Stock, Series Q, $0.01 par value
Class of Stock
Depositary shares issued (in shares) | shares	40
Aggregate price | $	$ 1
Interest per depositary share	0.06625
Preferred stock, par value (in USD per share)	$ 0.01
Redemption period following a regulatory capital treatment event	90 days
Redemption price (in USD per share)	$ 25,000
Redemption price per depositary share (in USD per share)	$ 25

Total Equity - Common Shares Ou

Total Equity - Common Shares Outstanding for Basic and Diluted EPS (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Weighted average common shares outstanding, basic (shares)	1,588	1,624	1,594	1,635
Effect of dilutive RSUs and PSUs (shares)	21	19	18	18
Weighted average common shares outstanding and common stock equivalents, diluted (shares)	1,609	1,643	1,612	1,653
Weighted average antidilutive common stock equivalents (excluded from the computation of diluted EPS) (shares)	0	0	0	3

Total Equity - Dividends (Detai

Total Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Preferred Stock Dividends
Preferred stock dividends declared	$ 160	$ 146	$ 440	$ 423
Dividends declared per common share (USD per share)	$ 0.925	$ 0.850	$ 2.625	$ 2.400
Common stock dividends	$ 1,492	$ 1,404	$ 4,259	$ 4,001
Series A
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 400	$ 396	$ 1,190	$ 1,116
Preferred stock dividends declared	$ 17	$ 17	$ 52	$ 49
Series C
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 25	$ 25	$ 75	$ 75
Preferred stock dividends declared	$ 13	$ 13	$ 39	$ 39
Series E
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 455	$ 445	$ 1,351	$ 1,336
Preferred stock dividends declared	$ 16	$ 15	$ 47	$ 46
Series F
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 439	$ 430	$ 1,308	$ 1,289
Preferred stock dividends declared	$ 15	$ 15	$ 44	$ 44
Series I
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 398	$ 398	$ 1,195	$ 1,195
Preferred stock dividends declared	$ 16	$ 16	$ 48	$ 48
Series K
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 366	$ 366	$ 1,097	$ 1,097
Preferred stock dividends declared	$ 15	$ 15	$ 44	$ 44
Series L
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 305	$ 305	$ 914	$ 914
Preferred stock dividends declared	$ 6	$ 6	$ 18	$ 18
Series M
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 30	$ 29	$ 59	$ 59
Preferred stock dividends declared	$ 12	$ 12	$ 24	$ 24
Series N
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 2,215	$ 2,226	$ 6,726	$ 6,928
Preferred stock dividends declared	$ 6	$ 7	$ 20	$ 21
Series O
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 266	$ 266	$ 797	$ 797
Preferred stock dividends declared	$ 13	$ 14	$ 41	$ 41
Series P
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 406	$ 406	$ 1,219	$ 1,219
Preferred stock dividends declared	$ 17	$ 16	$ 49	$ 49
Series Q
Preferred Stock Dividends
Preferred stock dividend declared (USD per share)	$ 345	$ 0	$ 345	$ 0
Preferred stock dividends declared	$ 14	$ 0	$ 14	$ 0

Total Equity - Accumulated Othe

Total Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 99,982
Ending balance	$ 104,671	$ 100,158	104,671	$ 100,158
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(6,760)	(6,300)	(6,421)	(6,253)
OCI during the period	774	(902)	435	(949)
Ending balance	(5,986)	(7,202)	(5,986)	(7,202)
CTA
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,355)	(1,199)	(1,153)	(1,204)
OCI during the period	184	(120)	(18)	(115)
Ending balance	(1,171)	(1,319)	(1,171)	(1,319)
AFS Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(2,917)	(3,701)	(3,094)	(4,192)
OCI during the period	723	(366)	900	125
Ending balance	(2,194)	(4,067)	(2,194)	(4,067)
Pension and Other
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(582)	(510)	(595)	(508)
OCI during the period	3	(1)	16	(3)
Ending balance	(579)	(511)	(579)	(511)
DVA
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(1,894)	(873)	(1,595)	(345)
OCI during the period	(170)	(412)	(469)	(940)
Ending balance	(2,064)	(1,285)	(2,064)	(1,285)
Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(12)	(17)	16	(4)
OCI during the period	34	(3)	6	(16)
Ending balance	$ 22	$ (20)	$ 22	$ (20)

Total Equity - Components of Pe

Total Equity - Components of Period Changes in OCI (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
After-tax Gain (Loss)
Net OCI	$ 869	$ (933)	$ 428	$ (1,094)
Foreign Currency Translation Adjustment Attributable to Parent
After-tax Gain (Loss)
OCI activity	184	(120)	(18)	(115)
Reclassified to earnings	0	0	0	0
Net OCI	184	(120)	(18)	(115)
Foreign Currency Translation Adjustment Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	124	(38)	(5)	(136)
Reclassified to earnings	0	0	0	0
Net OCI	124	(38)	(5)	(136)
Income Tax Benefit (Provision)
OCI activity	160	(111)	(26)	(104)
Reclassified to earnings	0	0	0	0
Net OCI	160	(111)	(26)	(104)
After-tax Gain (Loss)
OCI activity	284	(149)	(31)	(240)
Reclassified to earnings	0	0	0	0
Net OCI	284	(149)	(31)	(240)
Foreign Currency Translation Adjustment Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	100	(29)	(13)	(125)
Reclassified to earnings	0	0	0	0
Net OCI	100	(29)	(13)	(125)
Change in Net Unrealized Gains (Losses) on AFS Securities Attributable to Parent
After-tax Gain (Loss)
OCI activity	723	(356)	938	159
Reclassified to earnings	0	(10)	(38)	(34)
Net OCI	723	(366)	900	125
Change in Net Unrealized Gains (Losses) on AFS Securities Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	947	(464)	1,229	208
Reclassified to earnings	0	(14)	(50)	(45)
Net OCI	947	(478)	1,179	163
Income Tax Benefit (Provision)
OCI activity	(224)	108	(291)	(49)
Reclassified to earnings	0	4	12	11
Net OCI	(224)	112	(279)	(38)
After-tax Gain (Loss)
OCI activity	723	(356)	938	159
Reclassified to earnings	0	(10)	(38)	(34)
Net OCI	723	(366)	900	125
Change in Net Unrealized Gains (Losses) on AFS Securities Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	0	0	0	0
Reclassified to earnings	0	0	0	0
Net OCI	0	0	0	0
Pension and Other Attributable to Parent
After-tax Gain (Loss)
OCI activity	1	0	6	(1)
Reclassified to earnings	2	(1)	10	(2)
Net OCI	3	(1)	16	(3)
Pension and Other Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	1	0	6	(1)
Reclassified to earnings	5	(1)	15	(2)
Net OCI	6	(1)	21	(3)
Income Tax Benefit (Provision)
OCI activity	0	0	0	0
Reclassified to earnings	(3)	0	(5)	0
Net OCI	(3)	0	(5)	0
After-tax Gain (Loss)
OCI activity	1	0	6	(1)
Reclassified to earnings	2	(1)	10	(2)
Net OCI	3	(1)	16	(3)
Pension and Other Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	0	0	0	0
Reclassified to earnings	0	0	0	0
Net OCI	0	0	0	0
Change in Net DVA Attributable to Parent
After-tax Gain (Loss)
OCI activity	(172)	(417)	(485)	(952)
Reclassified to earnings	2	5	16	12
Net OCI	(170)	(412)	(469)	(940)
Change in Net DVA Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	(234)	(549)	(630)	(1,283)
Reclassified to earnings	4	6	21	15
Net OCI	(230)	(543)	(609)	(1,268)
Income Tax Benefit (Provision)
OCI activity	57	130	151	311
Reclassified to earnings	(2)	(1)	(5)	(3)
Net OCI	55	129	146	308
After-tax Gain (Loss)
OCI activity	(177)	(419)	(479)	(972)
Reclassified to earnings	2	5	16	12
Net OCI	(175)	(414)	(463)	(960)
Change in Net DVA Attributable to Noncontrolling Interest
After-tax Gain (Loss)
OCI activity	(5)	(2)	6	(20)
Reclassified to earnings	0	0	0	0
Net OCI	(5)	(2)	6	(20)
Change in Fair Value of Cash Flow Hedge Derivatives Attributable to Parent
After-tax Gain (Loss)
OCI activity	25	(9)	(20)	(24)
Reclassified to earnings	9	6	26	8
Net OCI	34	(3)	6	(16)
Change in Fair Value of Cash Flow Hedge Derivatives Including Noncontrolling Interest
Pre-tax Gain (Loss)
OCI activity	33	(12)	(26)	(30)
Reclassified to earnings	11	6	34	9
Net OCI	44	(6)	8	(21)
Income Tax Benefit (Provision)
OCI activity	(8)	3	6	6
Reclassified to earnings	(2)	0	(8)	(1)
Net OCI	(10)	3	(2)	5
After-tax Gain (Loss)
OCI activity	25	(9)	(20)	(24)
Reclassified to earnings	9	6	26	8
Net OCI	34	(3)	6	(16)
Change in Fair Value of Cash Flow Hedge Derivatives Attributable to Non Controlling Interest
After-tax Gain (Loss)
OCI activity	0	0	0	0
Reclassified to earnings	0	0	0	0
Net OCI	$ 0	$ 0	$ 0	$ 0

Interest Income and Interest _3

Interest Income and Interest Expense - Summary (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest income
Cash and cash equivalents		$ 680	$ 930	$ 2,316	$ 2,484
Investment securities		1,335	1,019	3,809	2,886
Loans		3,557	3,236	10,345	9,105
Securities purchased under agreements to resell		3,580	1,977	9,121	5,282
Securities borrowed		1,384	1,307	4,118	3,848
Trading assets, net of Trading liabilities		1,577	1,334	4,490	3,171
Customer receivables and Other		2,072	2,323	6,445	6,243
Total interest income	[1]	14,185	12,126	40,644	33,019
Interest expense
Deposits		2,751	2,271	7,777	5,793
Borrowings		3,434	2,992	9,985	8,267
Securities sold under agreements to repurchase		2,994	1,897	8,120	4,567
Securities loaned		274	208	767	575
Customer payables and Other		2,536	2,781	7,936	7,484
Total interest expense	[1]	11,989	10,149	34,585	26,686
Net interest		$ 2,196	1,977	$ 6,059	6,333
Revision of Prior Period, Adjustment | Institutional Securities
Interest income
Total interest income			$ (1,179)		$ (3,204)
[1] Prior period amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.

Interest Income and Interest _4

Interest Income and Interest Expense - Accrued Interest (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Interest Income (Expense), Operating [Abstract]
Customer and other receivables	$ 5,326	$ 4,206
Customer and other payables	$ 5,473	$ 4,360

Segment, Geographic and Reven_3

Segment, Geographic and Revenue Information - Selected Financial Information by Business Segment (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information
Investment banking		$ 1,590	$ 1,048	$ 4,914	$ 3,533
Trading		4,002	3,679	12,985	11,958
Investments		315	144	609	384
Commissions and fees		1,294	1,098	3,704	3,427
Asset management		5,747	5,031	16,440	14,576
Other		239	296	827	1,036
Total non-interest revenues		13,187	11,296	39,479	34,914
Interest income	[1]	14,185	12,126	40,644	33,019
Interest expense	[1]	11,989	10,149	34,585	26,686
Net interest		2,196	1,977	6,059	6,333
Net revenues		15,383	13,273	45,538	41,247
Provision for credit losses		79	134	149	529
Compensation and benefits		6,733	5,935	19,889	18,607
Non-compensation expenses		4,350	4,059	12,810	12,394
Total non-interest expenses		11,083	9,994	32,699	31,001
Income before provision for income taxes		4,221	3,145	12,690	9,717
Provision for income taxes		995	710	2,885	2,028
Net income		3,226	2,435	9,805	7,689
Net income applicable to noncontrolling interests		38	27	129	119
Net income applicable to Morgan Stanley		3,188	2,408	9,676	7,570
I/E
Segment Reporting Information
Investment banking		(40)	(16)	(98)	(66)
Trading		18	5	43	24
Investments		0	0	0	0
Commissions and fees		(75)	(70)	(201)	(202)
Asset management		(70)	(60)	(200)	(163)
Other		(4)	(1)	(9)	(8)
Total non-interest revenues		(171)	(142)	(465)	(415)
Interest income		(419)	(319)	(1,231)	(1,360)
Interest expense		(433)	(325)	(1,261)	(1,373)
Net interest		14	6	30	13
Net revenues		(157)	(136)	(435)	(402)
Provision for credit losses		0	0	0	0
Compensation and benefits		0	0	0	0
Non-compensation expenses		(147)	(132)	(407)	(372)
Total non-interest expenses		(147)	(132)	(407)	(372)
Income before provision for income taxes		(10)	(4)	(28)	(30)
Provision for income taxes		(2)	(1)	(6)	(7)
Net income		(8)	(3)	(22)	(23)
Net income applicable to noncontrolling interests		0	0	0	0
Net income applicable to Morgan Stanley		(8)	(3)	(22)	(23)
IS | Revision of Prior Period, Adjustment
Segment Reporting Information
Interest income			(1,179)		(3,204)
IS | Operating Segments
Segment Reporting Information
Investment banking		1,463	938	4,529	3,260
Trading		3,708	3,660	12,338	11,511
Investments		179	100	282	151
Commissions and fees		760	606	2,135	1,925
Asset management		167	150	484	448
Other		99	164	343	669
Total non-interest revenues		6,376	5,618	20,111	17,964
Interest income		10,423	8,611	29,642	23,160
Interest expense		9,984	8,560	28,940	23,004
Net interest		439	51	702	156
Net revenues		6,815	5,669	20,813	18,120
Provision for credit losses		68	93	124	379
Compensation and benefits		2,271	2,057	6,905	6,637
Non-compensation expenses		2,565	2,320	7,476	7,036
Total non-interest expenses		4,836	4,377	14,381	13,673
Income before provision for income taxes		1,911	1,199	6,308	4,068
Provision for income taxes		438	263	1,406	802
Net income		1,473	936	4,902	3,266
Net income applicable to noncontrolling interests		37	24	127	117
Net income applicable to Morgan Stanley		1,436	912	4,775	3,149
WM | Operating Segments
Segment Reporting Information
Investment banking		167	126	483	339
Trading		300	(10)	638	425
Investments		13	22	56	60
Commissions and fees		609	562	1,770	1,704
Asset management		4,266	3,629	12,084	10,463
Other		141	123	483	366
Total non-interest revenues		5,496	4,452	15,514	13,357
Interest income		4,148	3,797	12,147	11,124
Interest expense		2,374	1,845	6,719	4,858
Net interest		1,774	1,952	5,428	6,266
Net revenues		7,270	6,404	20,942	19,623
Provision for credit losses		11	41	25	150
Compensation and benefits		3,868	3,352	11,257	10,332
Non-compensation expenses		1,331	1,302	3,973	4,039
Total non-interest expenses		5,199	4,654	15,230	14,371
Income before provision for income taxes		2,060	1,709	5,687	5,102
Provision for income taxes		492	389	1,313	1,098
Net income		1,568	1,320	4,374	4,004
Net income applicable to noncontrolling interests		0	0	0	0
Net income applicable to Morgan Stanley		1,568	1,320	4,374	4,004
IM | Operating Segments
Segment Reporting Information
Investment banking		0	0	0	0
Trading		(24)	24	(34)	(2)
Investments		123	22	271	173
Commissions and fees		0	0	0	0
Asset management		1,384	1,312	4,072	3,828
Other		3	10	10	9
Total non-interest revenues		1,486	1,368	4,319	4,008
Interest income		33	37	86	95
Interest expense		64	69	187	197
Net interest		(31)	(32)	(101)	(102)
Net revenues		1,455	1,336	4,218	3,906
Provision for credit losses		0	0	0	0
Compensation and benefits		594	526	1,727	1,638
Non-compensation expenses		601	569	1,768	1,691
Total non-interest expenses		1,195	1,095	3,495	3,329
Income before provision for income taxes		260	241	723	577
Provision for income taxes		67	59	172	135
Net income		193	182	551	442
Net income applicable to noncontrolling interests		1	3	2	2
Net income applicable to Morgan Stanley		$ 192	$ 179	$ 549	$ 440
[1] Prior period amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.

Segment, Geographic and Reven_4

Segment, Geographic and Revenue Information - Institutional Securities - Investment Banking Revenues (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from External Customer [Line Items]
Investment banking	$ 1,590	$ 1,048	$ 4,914	$ 3,533
Firm Investment banking revenues from contracts with customers (as a percent)	91%	94%	90%	91%
Institutional Securities | Operating Segments
Revenue from External Customer [Line Items]
Investment banking	$ 1,463	$ 938	$ 4,529	$ 3,260
Institutional Securities | Operating Segments | Institutional Securities Advisory
Revenue from External Customer [Line Items]
Investment banking	546	449	1,599	1,542
Institutional Securities | Operating Segments | Institutional Securities Underwriting
Revenue from External Customer [Line Items]
Investment banking	$ 917	$ 489	$ 2,930	$ 1,718

Segment, Geographic and Reven_5

Segment, Geographic and Revenue Information - Trading Revenues by Product Type (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue
Trading revenues	$ 4,002	$ 3,679	$ 12,985	$ 11,958
Interest rate
Disaggregation of Revenue
Trading revenues	1,450	1,124	4,771	3,701
Foreign exchange
Disaggregation of Revenue
Trading revenues	352	284	893	672
Equity
Disaggregation of Revenue
Trading revenues	2,100	2,167	6,726	6,782
Commodity and other
Disaggregation of Revenue
Trading revenues	451	447	1,528	1,321
Credit
Disaggregation of Revenue
Trading revenues	$ (351)	$ (343)	$ (933)	$ (518)

Segment, Geographic and Reven_6

Segment, Geographic and Revenue Information - Investment Management Investments Revenues - Net Unrealized Carried Interest (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting [Abstract]
Net cumulative unrealized performance-based fees at risk of reversing	$ 812	$ 787

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		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting [Abstract]
Fee waivers	$ 25	$ 27	$ 70	$ 73

Segment, Geographic and Reven_8

Segment, Geographic and Revenue Information - Other Expenses - Transaction Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting [Abstract]
Transaction taxes	$ 217	$ 222	$ 658	$ 683

Segment, Geographic and Reven_9

Segment, Geographic and Revenue Information - Net Revenues by Region (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information
Net revenues	$ 15,383	$ 13,273	$ 45,538	$ 41,247
Americas
Segment Reporting Information
Net revenues	11,557	10,268	34,392	31,453
EMEA
Segment Reporting Information
Net revenues	1,828	1,479	5,525	4,716
Asia
Segment Reporting Information
Net revenues	$ 1,998	$ 1,526	$ 5,621	$ 5,078

Segment, Geographic and Reve_10

Segment, Geographic and Revenue Information - Revenue Recognized from Prior Services (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting [Abstract]
Non-interest revenues	$ 566	$ 468	$ 1,416	$ 1,350

Segment, Geographic and Reve_11

Segment, Geographic and Revenue Information - Receivables from Contracts with Customers (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting [Abstract]
Customer and other receivables	$ 2,635	$ 2,339

Segment, Geographic and Reve_12

Segment, Geographic and Revenue Information - Assets by Business Segment (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting Information
Assets	$ 1,258,027	$ 1,193,693
Institutional Securities
Segment Reporting Information
Assets	852,035	810,506
Wealth Management
Segment Reporting Information
Assets	388,263	365,168
Investment Management
Segment Reporting Information
Assets	$ 17,729	$ 18,019