State Street (STT) 10-Q 28 Jul 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 26, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-07511
Entity Registrant Name	STATE STREET CORPORATION
Entity Incorporation, State or Country Code	MA
Entity Tax Identification Number	04-2456637
Entity Address, Address Line One	One Lincoln Street
Entity Address, City or Town	Boston,
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02111
City Area Code	(617)
Local Phone Number	786-3000
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		367,619,359
Entity Central Index Key	0000093751
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $1 par value per share
Trading Symbol	STT
Security Exchange Name	NYSE
Series D Preferred Stock, Depository Share
Entity Information [Line Items]
Title of 12(b) Security	Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, without par value per share
Trading Symbol	STT.PRD
Security Exchange Name	NYSE
Series G Preferred Stock, Depository Share
Entity Information [Line Items]
Title of 12(b) Security	Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series G, without par value per share
Trading Symbol	STT.PRG
Security Exchange Name	NYSE

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fee revenue:
Servicing fees	$ 1,297	$ 1,394	$ 2,665	$ 2,763
Management fees	490	504	1,010	997
Foreign exchange trading services	331	286	690	632
Securities finance	107	109	203	208
Software and processing fees	188	211	389	371
Other fee revenue	(43)	10	(14)	26
Total fee revenue	2,370	2,514	4,943	4,997
Net interest income:
Interest income	704	467	1,225	938
Interest expense	120	0	132	4
Net interest income	584	467	1,093	934
Other income:
Gains (losses) related to investment securities, net	(1)	0	(2)	0
Other income	0	53	0	53
Total other income (loss)	(1)	53	(2)	53
Total revenue	2,953	3,034	6,034	5,984
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)	10	(15)	10	(24)
Expenses:
Compensation and employee benefits	1,046	1,077	2,278	2,319
Information systems and communications	392	398	815	819
Transaction processing services	240	263	504	533
Occupancy	96	100	191	209
Acquisition and restructuring costs	12	11	21	21
Amortization of other intangible assets	60	63	121	121
Other	262	199	505	421
Total expenses	2,108	2,111	4,435	4,443
Income before income tax expense	835	938	1,589	1,565
Income tax expense	88	175	238	283
Net income	747	763	1,351	1,282
Net income available to common shareholders, basic	712	728	1,295	1,217
Net income available to common shareholders, diluted	$ 712	$ 728	$ 1,295	$ 1,217
Earnings per common share:
Basic (in USD per share)	$ 1.94	$ 2.11	$ 3.53	$ 3.49
Diluted (in USD per share)	$ 1.91	$ 2.07	$ 3.48	$ 3.44
Average common shares outstanding (in thousands):
Basic (in shares)	367,375	345,889	366,961	348,303
Diluted (in shares)	372,123	351,582	372,080	353,434
Cash dividends declared (in USD per share)	$ 0.57	$ 0.52	$ 1.14	$ 1.04

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 747	$ 763	$ 1,351	$ 1,282
Other comprehensive income (loss), net of related taxes:
Foreign currency translation, net of related taxes of $53 and ($8), respectively	(446)	49	(544)	(151)
Net unrealized losses on available-for-sale securities, net of reclassification adjustment and net of related taxes of ($233) and ($14), respectively	(618)	(35)	(2,063)	(460)
Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges, net of related taxes of $42 and ($5), respectively	113	(16)	270	(4)
Net unrealized losses on cash flow hedges, net of related taxes of ($17) and ($4), respectively	(40)	(4)	(234)	(4)
Net unrealized gains on retirement plans, net of related taxes of $1 and $1, respectively	2	2	17	10
Other comprehensive loss	(989)	(4)	(2,554)	(609)
Total comprehensive income (loss)	$ (242)	$ 759	$ (1,203)	$ 673

Consolidated Statement of Com_2

Consolidated Statement of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Foreign currency translation, taxes	$ 53	$ (8)	$ 63	$ 45
Change in net unrealized gains (losses) on available-for-sale securities, taxes	(233)	(14)	(764)	(175)
Change in net unrealized gains (losses) on available-for-sale securities designated in fair value hedges, taxes	42	(5)	99	(1)
Change in net unrealized gains (losses) on cash flow hedges, taxes	(17)	(4)	(89)	(4)
Change in unrealized gains (losses) on retirement plans, taxes	$ 1	$ 1	$ 7	$ 4

Consolidated Statement of Condi

Consolidated Statement of Condition - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets:
Cash and due from banks	$ 3,515	$ 3,631
Interest-bearing deposits with banks	91,360	106,358
Securities purchased under resale agreements	5,203	3,012
Trading account assets	728	758
Investment securities available-for-sale (less allowance for credit losses of $2 and $2)	45,454	73,399
Investment securities held-to-maturity (less allowance for credit losses of $0 and $0) (fair value of $60,103 and $42,271)	64,261	42,430
Loans (less allowance for credit losses on loans of $95 and $87)	33,470	32,445
Premises and equipment (net of accumulated depreciation of $5,652 and $5,391)	2,240	2,261
Accrued interest and fees receivable	3,403	3,278
Goodwill	7,465	7,621
Other intangible assets	1,654	1,816
Other assets	41,470	37,615
Total assets	300,223	314,624
Deposits:
Non-interest-bearing	55,062	56,461
Interest-bearing - U.S.	107,262	102,985
Interest-bearing - non-U.S.	79,589	95,589
Total deposits	241,913	255,035
Securities sold under repurchase agreements	951	1,575
Other short-term borrowings	73	128
Accrued expenses and other liabilities	17,989	17,048
Long-term debt	13,530	13,475
Total liabilities	274,456	287,261
Commitments, guarantees and contingencies (Notes 9 and 10)
Shareholders’ equity:
Common stock, $1 par, 750,000,000 shares authorized: 503,879,642 and 503,879,642 shares issued, and 357,389,416 and 379,946,724 shares outstanding	504	504
Surplus	10,757	10,787
Retained earnings	26,115	25,238
Accumulated other comprehensive income (loss)	(3,687)	(1,133)
Treasury stock, at cost (136,260,289 and 137,896,822 shares)	(9,898)	(10,009)
Total shareholders’ equity	25,767	27,363
Total liabilities and shareholders' equity	300,223	314,624
Series D Preferred Stock
Shareholders’ equity:
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding	742	742
Series F Preferred Stock
Shareholders’ equity:
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding	247	247
Series G Preferred Stock
Shareholders’ equity:
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding	493	493
Series H Preferred Stock
Shareholders’ equity:
Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, Series G, 5,000 shares issued and outstanding, and Series H, 5,000 shares issued and outstanding	$ 494	$ 494

Consolidated Statement of Con_2

Consolidated Statement of Condition (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets, Current [Abstract]
Allowance for credit losses on available-for-sale securities	$ 2	$ 2
Allowance for credit losses on HTM investment securities	0	0
Investment securities held-to-maturity	60,103	42,271
Allowance for credit losses on loans	95	87
Accumulated depreciation	$ 5,652	$ 5,391
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, no par value (in USD per share)	$ 0	$ 0
Preferred stock authorized (in shares)	3,500,000	3,500,000
Common stock, par value (usd per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	503,879,642	503,879,642
Common stock, shares outstanding (in shares)	367,619,353	365,982,820
Treasury stock, shares (in shares)	136,260,289	137,896,822
Series D Preferred Stock
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, shares issued (in shares)	7,500	7,500
Preferred stock, shares outstanding (in shares)	7,500	7,500
Series F Preferred Stock
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, shares issued (in shares)	2,500	2,500
Preferred stock, shares outstanding (in shares)	2,500	2,500
Series G Preferred Stock
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, shares issued (in shares)	5,000	5,000
Preferred stock, shares outstanding (in shares)	5,000	5,000
Series H Preferred Stock
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, shares issued (in shares)	5,000	5,000
Preferred stock, shares outstanding (in shares)	5,000	5,000

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity - USD ($) shares in Thousands, $ in Millions	Total	Preferred Stock	Common Stock	Surplus	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury stock (shares)							150,723
Beginning balance at Dec. 31, 2020	$ 26,200	$ 2,471	$ 504	$ 10,205	$ 23,442	$ 187	$ (10,609)
Beginning balance (shares) at Dec. 31, 2020			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	519				519
Other comprehensive income (loss)	(605)					(605)
Preferred stock redeemed	(500)	(495)			(5)
Cash dividends declared:
Common stock dividends	(182)				(182)
Preferred stock cash dividend	(25)				(25)
Common stock acquired	(475)						$ (475)
Common stock acquired (shares)							6,233
Common stock awards exercised	71			22			$ 49
Common stock awards exercised (in shares)							(1,111)
Other	2				2
Other (shares)							2
Ending balance at Mar. 31, 2021	$ 25,005	1,976	$ 504	10,227	23,751	(418)	$ (11,035)
Ending balance (shares) at Mar. 31, 2021			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 0.52
Beginning balance at Dec. 31, 2020	$ 26,200	2,471	$ 504	10,205	23,442	187	(10,609)
Beginning balance (shares) at Dec. 31, 2020			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,282
Other comprehensive income (loss)	(609)
Cash dividends declared:
Common stock dividends	(361)
Preferred stock cash dividend	(59)
Ending balance at Jun. 30, 2021	$ 25,167	1,976	$ 504	10,246	24,300	(422)	$ (11,437)
Ending balance (shares) at Jun. 30, 2021			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 1.04
Treasury stock (shares)							155,847
Beginning balance at Mar. 31, 2021	$ 25,005	1,976	$ 504	10,227	23,751	(418)	$ (11,035)
Beginning balance (shares) at Mar. 31, 2021			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	763				763
Other comprehensive income (loss)	(4)					(4)
Cash dividends declared:
Common stock dividends	(179)				(179)
Preferred stock cash dividend	(34)				(34)
Common stock acquired	(425)						$ (425)
Common stock acquired (shares)							5,017
Common stock awards exercised	42			19			$ 23
Common stock awards exercised (in shares)							(487)
Other	(1)				(1)
Ending balance at Jun. 30, 2021	$ 25,167	1,976	$ 504	10,246	24,300	(422)	$ (11,437)
Ending balance (shares) at Jun. 30, 2021			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 0.52
Treasury stock (shares)							160,377
Treasury stock (shares)							137,897
Beginning balance at Dec. 31, 2021	$ 27,363	1,976	$ 504	10,787	25,238	(1,133)	$ (10,009)
Beginning balance (shares) at Dec. 31, 2021			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	604				604
Other comprehensive income (loss)	(1,565)					(1,565)
Cash dividends declared:
Common stock dividends	(209)				(209)
Preferred stock cash dividend	(20)				(20)
Common stock awards exercised	66			11			$ 77
Common stock awards exercised (in shares)							(1,132)
Other	(15)			(14)	(1)
Other (shares)							0
Ending balance at Mar. 31, 2022	$ 26,224	1,976	$ 504	10,762	25,612	(2,698)	$ (9,932)
Ending balance (shares) at Mar. 31, 2022			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 0.57
Beginning balance at Dec. 31, 2021	$ 27,363	1,976	$ 504	10,787	25,238	(1,133)	(10,009)
Beginning balance (shares) at Dec. 31, 2021			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,351
Other comprehensive income (loss)	(2,554)
Cash dividends declared:
Common stock dividends	(419)
Preferred stock cash dividend	(55)
Ending balance at Jun. 30, 2022	$ 25,767	1,976	$ 504	10,757	26,115	(3,687)	$ (9,898)
Ending balance (shares) at Jun. 30, 2022			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 1.14
Treasury stock (shares)							136,765
Beginning balance at Mar. 31, 2022	$ 26,224	1,976	$ 504	10,762	25,612	(2,698)	$ (9,932)
Beginning balance (shares) at Mar. 31, 2022			503,880
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	747				747
Other comprehensive income (loss)	(989)					(989)
Cash dividends declared:
Common stock dividends	(210)				(210)
Preferred stock cash dividend	(35)				(35)
Common stock awards exercised	29			5			$ 34
Common stock awards exercised (in shares)							(505)
Other	1				1
Ending balance at Jun. 30, 2022	$ 25,767	$ 1,976	$ 504	$ 10,757	$ 26,115	$ (3,687)	$ (9,898)
Ending balance (shares) at Jun. 30, 2022			503,880
Cash dividends declared:
Cash dividends declared (in USD per share)	$ 0.57
Treasury stock (shares)							136,260

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in USD per share)	$ 0.57	$ 0.57	$ 0.52	$ 0.52	$ 1.14	$ 1.04

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Operating Activities:
Net income	$ 747	$ 604	$ 763	$ 519	$ 1,351	$ 1,282
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income tax (benefit)					57	(15)
Amortization of other intangible assets	60		63		121	121	$ 245
Other non-cash adjustments for depreciation, amortization and accretion, net					420	700
Losses (gains) related to investment securities, net					2	0
Provision for credit losses	10		(15)		10	(24)
Change in trading account assets, net					30	94
Change in accrued interest and fees receivable, net					(125)	(254)
Change in collateral deposits, net					1,859	(6,520)
Change in unrealized losses (gains) on foreign exchange derivatives, net					(5,277)	(7,471)
Change in other assets, net					(435)	(1,444)
Change in accrued expenses and other liabilities, net					2,177	1,971
Other, net					261	235
Net cash provided by operating activities					451	(11,325)
Investing Activities:
Net decrease in interest-bearing deposits with banks					14,999	3,613
Net (increase) in securities purchased under resale agreements					(2,192)	(891)
Proceeds from sales of available-for-sale securities					4,492	6,854
Proceeds from maturities of available-for-sale securities					10,177	11,090
Purchases of available-for-sale securities					(13,899)	(28,565)
Proceeds from maturities of held-to-maturity securities under the MMLF program					0	3,299
Proceeds from maturities of held-to-maturity securities					5,921	7,886
Purchases of held-to-maturity securities					(4,402)	(3,070)
Sale of loans					1,565	40
Net (increase) in loans					(2,985)	(2,819)
Business acquisitions, net of cash acquired					0	(257)
Divestitures					0	13
Purchases of equity investments and other long-term assets					(167)	(106)
Purchases of premises and equipment, net					(320)	(359)
Other, net					57	184
Net cash provided by (used in) investing activities					13,246	(3,088)
Financing Activities:
Net (decrease) in time deposits					(1,238)	(1,542)
Net (decrease) increase in all other deposits					(11,884)	25,724
Net (decrease) in securities sold under repurchase agreements					(624)	(2,756)
Net (decrease) in short-term borrowings under money market liquidity facility					0	(3,302)
Net (decrease) in other short-term borrowings					(55)	(51)
Proceeds from issuance of long-term debt, net of issuance costs					1,989	844
Payments for long-term debt and obligations under finance leases					(1,527)	(1,522)
Payments for redemption of preferred stock					0	(500)
Repurchases of common stock					0	(900)
Repurchases of common stock for employee tax withholding					0	(6)
Payments for cash dividends					(474)	(424)
Net cash (used in) provided by financing activities					(13,813)	15,565
Net (decrease) increase					(116)	1,152
Cash and due from banks at beginning of period		$ 3,631		$ 3,467	3,631	3,467	3,467
Cash and due from banks at end of period	$ 3,515		$ 4,619		$ 3,515	$ 4,619	$ 3,631

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accounting and financial reporting policies of State Street Corporation conform to U.S. GAAP. State Street Corporation, the Parent Company, is a financial holding company headquartered in Boston, Massachusetts. Unless otherwise indicated or unless the context requires otherwise, all references in these notes to consolidated financial statements to “State Street,” “we,” “us,” “our” or similar references mean State Street Corporation and its subsidiaries on a consolidated basis, including our principal banking subsidiary, State Street Bank. The accompanying consolidated financial statements should be read in conjunction with the financial and risk factor information included in our 2021 Form 10-K, which we previously filed with the SEC. The consolidated financial statements accompanying these condensed notes are unaudited. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, which are necessary for a fair statement of the consolidated results of operations in these financial statements, have been made. Certain previously reported amounts presented in this Form 10-Q have been reclassified to conform to current-period presentation. Events occurring subsequent to the date of our consolidated statement of condition were evaluated for potential recognition or disclosure in our consolidated financial statements through the date we filed this Form 10-Q with the SEC. The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions in the application of certain of our significant accounting policies that may materially affect the reported amounts of assets, liabilities, equity, revenue and expenses. As a result of unanticipated events or circumstances, actual results could differ from those estimates. These accounting estimates reflect the best judgment of management, but actual results could differ. Our consolidated statement of condition as of December 31, 2021 included in the accompanying consolidated financial statements was derived from the audited financial statements as of that date, but does not include all notes required by U.S. GAAP for a complete set of consolidated financial statements. In September 2021, we announced that we had entered into a definitive agreement to acquire the BBH Investor Services business for $3.5 billion in cash. Recent Accounting Developments In March 2022, the SEC staff released Staff Accounting Bulletin No. 121 (SAB 121). SAB 121 expresses the views of the SEC staff regarding the accounting for obligations to safeguard crypto-assets. The guidance requires an entity that has obligations to safeguard crypto-assets held for their platform users to recognize a liability on its balance sheet, along with a corresponding asset, and provide extensive disclosures on the nature and amount of crypto-assets under custody. This guidance was adopted in the second quarter of 2022 and had no financial statement impact. We continue to evaluate the potential impact of the guidance on State Street Digital products and services currently in development. We did not adopt any other new accounting standards in the second quarter of 2022 that had a material impact to our financial statements. Relevant standards that were recently issued but not yet adopted Standard Description Date of Adoption Effects on the financial statements or other significant matters ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures The standard addresses two topics: 1) eliminates the accounting guidance for TDRs, now requiring an entity to determine whether a modification results in a new loan or a continuation of an existing loan, as well as expanding disclosures related to modifications and 2) requires disclosure of current period gross write-offs of financing receivables within the vintage disclosures table. January 1, 2023, early adoption permitted We do not expect the new standard to have a significant impact as, to date, no loans have been modified in troubled debt restructurings and write-offs of financing receivables are insignificant. ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method The standard makes targeted amendments to 1) expand the existing last-of-layer method to allow multiple hedging layers of a single closed portfolio (now renamed portfolio layer method), 2) expand the scope of the portfolio layer method to include nonprepayable financial assets, 3) clarify which hedging instruments are eligible for designation in a portfolio layer hedge, 4) provide additional guidance on the accounting for, and disclosure of, hedge basis adjustments that are applicable to the portfolio layer method and 5) define how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. January 1, 2023, early adoption permitted We are currently evaluating the impact of the new standard and the early adoption provisions.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair Value Measurements We carry trading account assets and liabilities, AFS debt securities, certain equity securities and various types of derivative financial instruments, at fair value in our consolidated statement of condition on a recurring basis. Changes in the fair values of these financial assets and liabilities are recorded either as components of our consolidated statement of income or as components of AOCI within shareholders' equity in our consolidated statement of condition. We measure fair value for the above-described financial assets and liabilities in conformity with U.S. GAAP that governs the measurement of the fair value of financial instruments. Management believes that its valuation techniques and underlying assumptions used to measure fair value conform to the provisions of U.S. GAAP. We categorize the financial assets and liabilities that we carry at fair value based on a prescribed three-level valuation hierarchy. For information about our valuation techniques for financial assets and financial liabilities measured at fair value and the fair value hierarchy, refer to pages 137 to 143 in Note 2 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following tables present information with respect to our financial assets and liabilities carried at fair value in our consolidated statement of condition on a recurring basis as of the dates indicated: Fair Value Measurements on a Recurring Basis As of June 30, 2022 (In millions) Quoted Market Pricing Methods Pricing Methods Impact of Netting (1) Total Net Assets: Trading account assets: U.S. government securities $ 39 $ — $ — $ 39 Non-U.S. government securities — 131 — 131 Other — 558 — 558 Total trading account assets 39 689 — 728 Available-for-sale investment securities: U.S. Treasury and federal agencies: Direct obligations 9,411 — — 9,411 Mortgage-backed securities — 10,271 — 10,271 Total U.S. Treasury and federal agencies 9,411 10,271 — 19,682 Non-U.S. debt securities: Mortgage-backed securities — 1,959 — 1,959 Asset-backed securities — 1,876 — 1,876 Non-U.S. sovereign, supranational and non-U.S. agency — 14,927 — 14,927 Other — 2,204 — 2,204 Total non-U.S. debt securities — 20,966 — 20,966 Asset-backed securities: Student loans — 150 — 150 Collateralized loan obligations — 2,334 — 2,334 Non-agency CMBS and RMBS (2) — 195 — 195 Other — 89 — 89 Total asset-backed securities — 2,768 — 2,768 State and political subdivisions — 1,034 — 1,034 Other U.S. debt securities — 1,004 — 1,004 Total available-for-sale investment securities 9,411 36,043 — 45,454 Other assets: Derivative instruments: Foreign exchange contracts 3 23,615 15 $ (14,168) 9,465 Interest rate contracts 11 — — — 11 Total derivative instruments 14 23,615 15 (14,168) 9,476 Other 12 621 — — 633 Total assets carried at fair value $ 9,476 $ 60,968 $ 15 $ (14,168) $ 56,291 Liabilities: Accrued expenses and other liabilities: Derivative instruments: Foreign exchange contracts $ 4 $ 23,017 $ 15 $ (17,100) $ 5,936 Interest rate contracts — — — — — Other derivative contracts — 272 — — 272 Total derivative instruments 4 23,289 15 (17,100) 6,208 Total liabilities carried at fair value $ 4 $ 23,289 $ 15 $ (17,100) $ 6,208 (1) Represents counterparty netting against level 2 financial assets and liabilities where a legally enforceable master netting agreement exists between us and the counterparty. Netting also reflects asset and liability reductions of $1.73 billion and $4.66 billion, respectively, for cash collateral received from and provided to derivative counterparties. (2) Consists entirely of non-agency CMBS. Fair Value Measurements on a Recurring Basis As of December 31, 2021 (In millions) Quoted Market Pricing Methods Pricing Methods Impact of Netting (1) Total Net Assets: Trading account assets: U.S. government securities $ 39 $ — $ — $ 39 Non-U.S. government securities — 134 — 134 Other — 585 — 585 Total trading account assets 39 719 — 758 Available-for-sale investment securities: U.S. Treasury and federal agencies: Direct obligations 17,939 — — 17,939 Mortgage-backed securities — 18,208 — 18,208 Total U.S. Treasury and federal agencies 17,939 18,208 — 36,147 Non-U.S. debt securities: Mortgage-backed securities — 1,995 — 1,995 Asset-backed securities — 2,087 — 2,087 Non-U.S. sovereign, supranational and non-U.S. agency — 23,547 — 23,547 Other — 3,098 — 3,098 Total non-U.S. debt securities — 30,727 — 30,727 Asset-backed securities: Student loans — 211 — 211 Collateralized loan obligations — 2,155 — 2,155 Non-agency CMBS and RMBS (2) — 52 — 52 Other — 91 — 91 Total asset-backed securities — 2,509 — 2,509 State and political subdivisions — 1,272 — 1,272 Other U.S. debt securities — 2,744 — 2,744 Total available-for-sale investment securities 17,939 55,460 — 73,399 Other assets: Derivative instruments: Foreign exchange contracts 2 15,183 — $ (11,079) 4,106 Interest rate contracts 2 — — — 2 Total derivative instruments 4 15,183 — (11,079) 4,108 Other — 667 — — 667 Total assets carried at fair value $ 17,982 $ 72,029 $ — $ (11,079) $ 78,932 Liabilities: Accrued expenses and other liabilities: Trading account liabilities: Derivative instruments: Foreign exchange contracts 1 15,824 — (10,395) 5,430 Other derivative contracts — 301 — — 301 Total derivative instruments 1 16,125 — (10,395) 5,731 Total liabilities carried at fair value $ 1 $ 16,125 $ — $ (10,395) $ 5,731 (1) Represents counterparty netting against level 2 financial assets and liabilities where a legally enforceable master netting agreement exists between us and the counterparty. Netting also reflects asset and liability reductions of $1.97 billion and $1.28 billion, respectively, for cash collateral received from and provided to derivative counterparties. (2) Consists entirely of non-agency CMBS. The following tables present activity related to our level 3 financial assets during the three and six months ended June 30, 2022 and 2021, respectively. Transfers into and out of level 3 are reported as of the beginning of the period presented. During both the three and six months ended June 30, 2022, there were no transfers into and out of level 3. During the three months ended June 30, 2021, there were no transfers into level 3. During the six months ended June 30, 2021, transfers into level 3 were primarily related to a U.S. corporate bond, for which fair value was measured using information obtained from third party sources, including non-binding broker/dealer quotes. During the three and six months ended June 30, 2021, transfers out of level 3 were primarily related to collateralized loan obligations and a U.S. corporate bond, for which fair value was measured using prices for which observable market information became available. Fair Value Measurements Using Significant Unobservable Inputs Three Months Ended June 30, 2022 Fair Value as of March 31, 2022 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of June 30, 2022 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded in Revenue (1) Recorded in Other Comprehensive Income (1) Assets: Other assets: Derivative instruments: Foreign exchange contracts $ 6 $ — $ — $ 9 $ — $ — $ — $ — $ 15 $ 2 Total derivative instruments 6 — — 9 — — — — 15 2 Total assets carried at fair value $ 6 $ — $ — $ 9 $ — $ — $ — $ — $ 15 $ 2 (1) Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Six Months Ended June 30, 2022 Fair Value as of December 31, 2021 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of June 30, 2022 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded in Revenue (1) Recorded in Other Comprehensive Income (1) Assets: Other assets: Derivative instruments: Foreign exchange contracts $ — $ 3 $ — $ 12 $ — $ — $ — $ — $ 15 $ 4 Total derivative instruments — 3 — 12 — — — — 15 4 Total assets carried at fair value $ — $ 3 $ — $ 12 $ — $ — $ — $ — $ 15 $ 4 (1) Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Three Months Ended June 30, 2021 Fair Value as of March 31, 2021 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers Transfers Fair Value as of June 30, 2021 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded (1) Recorded (1) Assets: Available-for-sale Investment securities: Asset-backed securities: Collateralized loan obligations $ 106 $ — $ — $ — $ — $ — $ — $ (106) $ — Total asset-backed securities 106 — — — — — — (106) — Other U.S. debt securities 15 — — — — — — (15) — Total available-for-sale investment securities 121 — — — — — — (121) — Other assets: Derivative instruments: Foreign exchange contracts 6 (5) — 2 — (1) — — 2 $ — Total derivative instruments 6 (5) — 2 — (1) — — 2 — Total assets carried at fair value $ 127 $ (5) $ — $ 2 $ — $ (1) $ — $ (121) $ 2 $ — ( 1) Total realized and unrealized gains (losses) on AFS investment securities are included within gains (losses) related to investment securities, net. Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Six Months Ended June 30, 2021 Fair Value as of December 31, 2020 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers Transfers Fair Value as of June 30, 2021 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded (1) Recorded (1) Assets: Available-for-sale Investment securities: Asset-backed securities: Collateralized loan obligations $ 14 $ — $ — $ 106 $ — $ — $ — $ (120) $ — Total asset-backed securities 14 — — 106 — — — (120) — Other U.S. debt securities — — — — — — 15 (15) — Total available-for-sale investment securities 14 — — 106 — — 15 (135) — Other assets: Derivative instruments: Foreign exchange contracts 2 (3) — 3 — — — — 2 $ (1) Total derivative instruments 2 (3) — 3 — — — — 2 (1) Total assets carried at fair value $ 16 $ (3) $ — $ 109 $ — $ — $ 15 $ (135) $ 2 $ (1) ( 1) Total realized and unrealized gains (losses) on AFS investment securities are included within gains (losses) related to investment securities, net. Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. The following table presents quantitative information, as of the dates indicated, about the valuation techniques and significant unobservable inputs used in the valuation of our level 3 financial assets and liabilities measured at fair value on a recurring basis for which we use internally-developed pricing models. The significant unobservable inputs for our level 3 financial assets and liabilities whose fair value is measured using pricing information from non-binding broker/dealer quotes are not included in the table, as the specific inputs applied are not provided by the broker/dealer. Quantitative Information about Level 3 Fair Value Measurements Fair Value Range Weighted-Average (Dollars in millions) As of June 30, 2022 As of December 31, 2021 Valuation Technique Significant Unobservable Input (1) As of June 30, 2022 As of June 30, 2022 As of December 31, 2021 Significant unobservable inputs readily available to State Street: Assets: Derivative Instruments, foreign exchange contracts $ 15 $ — Option model Volatility 5.4 % - 19.8% 11.9 % 15.2 % Total $ 15 $ — Liabilities: Derivative instruments, foreign exchange contracts $ 15 $ — Option model Volatility 5.4 % - 19.7% 11.9 % 14.7 % Total $ 15 $ — (1) Significant changes in these unobservable inputs may result in significant changes in fair value measurement of the derivative instrument. Fair Value Estimates Estimates of fair value for financial instruments not carried at fair value in our consolidated statement of condition are generally subjective in nature, and are determined as of a specific point in time based on the characteristics of the financial instruments and relevant market information. The following tables present the reported amounts and estimated fair values of the financial assets and liabilities not carried at fair value, as they would be categorized within the fair value hierarchy, as of the dates indicated: Fair Value Hierarchy (In millions) Reported Amount Estimated Fair Value Quoted Market Prices in Active Markets (Level 1) Pricing Methods with Significant Observable Market Inputs (Level 2) Pricing Methods with Significant Unobservable Market Inputs (Level 3) June 30, 2022 Financial Assets: Cash and due from banks $ 3,515 3,515 $ 3,515 $ — $ — Interest-bearing deposits with banks 91,360 91,360 — 91,360 — Securities purchased under resale agreements 5,203 5,203 — 5,203 — Investment securities held-to-maturity 64,261 60,103 11,331 48,772 — Net loans (1) 33,470 33,209 — 31,009 2,200 Other (2) 1 1 — 1 — Financial Liabilities: Deposits: Non-interest-bearing $ 55,062 $ 55,062 $ — $ 55,062 $ — Interest-bearing - U.S. 107,262 107,262 — 107,262 — Interest-bearing - non-U.S. 79,589 79,589 — 79,589 — Securities sold under repurchase agreements 951 951 — 951 — Other short-term borrowings 73 73 — 73 — Long-term debt 13,530 12,771 — 12,633 138 Other (2) 1 1 — 1 — (1) Includes $155 million of loans classified as held-for-sale that were measured at fair value in level 2 as of June 30, 2022. (2) Represents a portion of underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge. Fair Value Hierarchy (In millions) Reported Amount Estimated Fair Value Quoted Market Prices in Active Markets (Level 1) Pricing Methods with Significant Observable Market Inputs (Level 2) Pricing Methods with Significant Unobservable Market Inputs (Level 3) December 31, 2021 Financial Assets: Cash and due from banks $ 3,631 $ 3,631 $ 3,631 $ — $ — Interest-bearing deposits with banks 106,358 106,358 — 106,358 — Securities purchased under resale agreements 3,012 3,012 — 3,012 — Investment securities held-to-maturity 42,430 42,271 2,160 40,111 — Net loans (1) 32,445 32,528 — 29,862 2,666 Other (2) 1 1 — 1 — Financial Liabilities: Deposits: Non-interest-bearing $ 56,461 $ 56,461 $ — $ 56,461 $ — Interest-bearing - U.S. 102,985 102,985 — 102,985 — Interest-bearing - non-U.S. 95,589 95,589 — 95,589 — Securities sold under repurchase agreements 1,575 1,575 — 1,575 — Other short-term borrowings 128 128 — 128 — Long-term debt 13,475 13,552 — 13,385 167 Other (2) 1 1 — 1 — (1) Includes $8 million of loans classified as held-for-sale that were measured at fair value in level 2 as of December 31, 2021. (2) Represents a portion of underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Investment securities held by us are classified as either trading account assets, AFS, HTM or equity securities held at fair value at the time of purchase and reassessed periodically, based on management’s intent. For additional information on our accounting for investment securities, refer to page 144 in Note 3 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Trading assets are carried at fair value. Both realized and unrealized gains and losses on trading assets are recorded in foreign exchange trading services revenue in our consolidated statement of income. AFS securities are carried at fair value, with any allowance for credit losses recorded through the consolidated statement of income and after-tax net unrealized gains and losses are recorded in AOCI. Gains or losses realized on sales of AFS investment securities are computed using the specific identification method and are recorded in gains (losses) related to investment securities, net, in our consolidated statement of income. HTM investment securities are carried at cost, adjusted for amortization of premiums and accretion of discounts, with any allowance for credit losses recorded through the consolidated statement of income. The following table presents the amortized cost, fair value and associated unrealized gains and losses of AFS and HTM investment securities as of the dates indicated: June 30, 2022 December 31, 2021 Amortized Cost Gross Unrealized Fair Value Amortized Cost Gross Unrealized Fair Value (In millions) Gains Losses Gains Losses Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 9,720 $ 12 $ 321 $ 9,411 $ 18,111 $ 24 $ 196 $ 17,939 Mortgage-backed securities 10,409 1 139 10,271 18,154 148 94 18,208 Total U.S. Treasury and federal agencies 20,129 13 460 19,682 36,265 172 290 36,147 Non-U.S. debt securities: Mortgage-backed securities 1,972 5 18 1,959 1,986 12 3 1,995 Asset-backed securities (1) 1,901 — 25 1,876 2,087 2 2 2,087 Non-U.S. sovereign, supranational and non-U.S. agency 15,300 1 374 14,927 23,533 114 100 23,547 Other (2) 2,358 — 154 2,204 3,113 17 32 3,098 Total non-U.S. debt securities 21,531 6 571 20,966 30,719 145 137 30,727 Asset-backed securities: Student loans (3) 152 — 2 150 209 2 — 211 Collateralized loan obligations (4) 2,378 — 43 2,334 2,155 2 2 2,155 Non-agency CMBS and RMBS (5) 200 — 5 195 52 — — 52 Other 90 — 1 89 90 1 — 91 Total asset-backed securities 2,820 — 51 2,768 2,506 5 2 2,509 State and political subdivisions 1,042 2 10 1,034 1,216 59 3 1,272 Other U.S. debt securities (6) 1,074 — 70 1,004 2,734 23 13 2,744 Total available-for-sale securities (7)(9) $ 46,596 $ 21 $ 1,162 $ 45,454 $ 73,440 $ 404 $ 445 $ 73,399 Held-to-maturity: U.S. Treasury and federal agencies: Direct obligations $ 11,424 $ — $ 75 $ 11,349 $ 2,170 $ 10 $ — $ 2,180 Mortgage-backed securities 41,660 2 3,854 37,808 33,481 362 578 33,265 Total U.S. Treasury and federal agencies 53,084 2 3,929 49,157 35,651 372 578 35,445 Non-U.S. debt securities: Non-U.S. sovereign, supranational and non-U.S. agency 6,443 5 133 6,315 1,564 — 9 1,555 Total non-U.S. debt securities 6,443 5 133 6,315 1,564 — 9 1,555 Asset-backed securities: Student loans (3) 4,468 1 124 4,345 4,908 48 14 4,942 Non-agency CMBS and RMBS (8) 266 20 — 286 307 22 — 329 Total asset-backed securities 4,734 21 124 4,631 5,215 70 14 5,271 Total held-to-maturity securities (7) $ 64,261 $ 28 $ 4,186 $ 60,103 $ 42,430 $ 442 $ 601 $ 42,271 (1) As of June 30, 2022 and December 31, 2021, the fair value includes non-U.S. collateralized loan obligations of $0.85 billion and $0.83 billion, respectively. (2) As of June 30, 2022 and December 31, 2021, the fair value includes non-U.S. corporate bonds of $1.10 billion and $1.53 billion, respectively. (3) Primarily comprised of securities guaranteed by the federal government with respect to at least 97% of defaulted principal and accrued interest on the underlying loans. (4) Excludes collateralized loan obligations in loan form. Refer to Note 4 for additional information. (5) Consists entirely of non-agency CMBS as of both June 30, 2022 and December 31, 2021. (6) As of June 30, 2022 and December 31, 2021, the fair value of U.S. corporate bonds was $1.00 billion and $2.44 billion, respectively. (7) An immaterial amount of accrued interest related to HTM and AFS investment securities was excluded from the amortized cost basis for the period ended June 30, 2022. (8) As of June 30, 2022 and December 31, 2021, the total amortized cost included $256 million and $292 million, respectively, of non-agency CMBS and $11 million and $14 million of non-agency RMBS, respectively. (9) As of both June 30, 2022 and December 31, 2021, total amortized cost included an allowance for credit losses on AFS investment securities of $2 million. Aggregate investment securities with carrying values of approximately $74.57 billion and $80.81 billion as of June 30, 2022 and December 31, 2021, respectively, were designated as pledged for public and trust deposits, short-term borrowings and for other purposes as provided by law. In the second quarter of 2022, $21.23 billion of investment securities previously classified as AFS were transferred to HTM. These transfers reflect our intent to hold these securities until their maturity. These securities were transferred at fair value, which included a net unrealized loss of $1.29 billion. Upon transfer of a debt security from AFS to HTM, the amortized cost is reset to fair value. Any net unrealized gain or loss at the date of transfer will remain in AOCI and be amortized into net interest income over the remaining life of the security. The amortization of amounts retained in AOCI will offset the effect on net interest income of the amortization of the premium or discount resulting from transferring securities at fair value. The following tables present the aggregate fair values of AFS investment securities that have been in a continuous unrealized loss position for less than 12 months, and those that have been in a continuous unrealized loss position for 12 months or longer, as of the dates indicated: As of June 30, 2022 Less than 12 months 12 months or longer Total (In millions) Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 6,778 $ 283 $ 2,062 $ 38 $ 8,840 $ 321 Mortgage-backed securities 9,768 119 278 20 10,046 139 Total U.S. Treasury and federal agencies 16,546 402 2,340 58 18,886 460 Non-U.S. debt securities: Mortgage-backed securities 1,783 18 41 — 1,824 18 Asset-backed securities 1,637 23 166 2 1,803 25 Non-U.S. sovereign, supranational and non-U.S. agency 12,529 301 1,454 73 13,983 374 Other 1,423 87 637 67 2,060 154 Total non-U.S. debt securities 17,372 429 2,298 142 19,670 571 Asset-backed securities: Student loans 102 2 16 — 118 2 Collateralized loan obligations 1,902 36 433 7 2,335 43 Non-agency CMBS and RMBS 195 5 — — 195 5 Other 89 1 — — 89 1 Total asset-backed securities 2,288 44 449 7 2,737 51 State and political subdivisions 667 6 43 4 710 10 Other U.S. debt securities 763 48 238 22 1,001 70 Total $ 37,636 $ 929 $ 5,368 $ 233 $ 43,004 $ 1,162 As of December 31, 2021 Less than 12 months 12 months or longer Total (In millions) Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 14,749 $ 194 $ 1,624 $ 2 $ 16,373 $ 196 Mortgage-backed securities 10,417 80 369 14 10,786 94 Total U.S. Treasury and federal agencies 25,166 274 1,993 16 27,159 290 Non-U.S. debt securities: Mortgage-backed securities 577 3 30 — 607 3 Asset-backed securities 1,021 2 127 — 1,148 2 Non-U.S. sovereign, supranational and non-U.S. agency 10,406 97 63 3 10,469 100 Other 1,570 31 19 1 1,589 32 Total non-U.S. debt securities 13,574 133 239 4 13,813 137 Asset-backed securities: Collateralized loan obligations 1,268 2 — — 1,268 2 Total asset-backed securities 1,268 2 — — 1,268 2 State and political subdivisions 10 — 45 3 55 3 Other U.S. debt securities 1,214 13 — — 1,214 13 Total $ 41,232 $ 422 $ 2,277 $ 23 $ 43,509 $ 445 The following table presents the amortized cost and the fair value of contractual maturities of debt investment securities as of June 30, 2022. The maturities of certain ABS, MBS and collateralized mortgage obligations are based on expected principal payments. Actual maturities may differ from these expected maturities since certain borrowers have the right to prepay obligations with or without prepayment penalties. As of June 30, 2022 (In millions) Under 1 Year 1 to 5 Years 6 to 10 Years Over 10 Years Total Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 2,049 $ 2,039 $ 7,112 $ 6,800 $ 559 $ 572 $ — $ — $ 9,720 $ 9,411 Mortgage-backed securities 56 56 549 548 7,862 7,793 1,942 1,874 10,409 10,271 Total U.S. Treasury and federal agencies 2,105 2,095 7,661 7,348 8,421 8,365 1,942 1,874 20,129 19,682 Non-U.S. debt securities: Mortgage-backed securities 174 174 388 386 28 27 1,382 1,372 1,972 1,959 Asset-backed securities 265 260 810 801 459 453 367 362 1,901 1,876 Non-U.S. sovereign, supranational and non-U.S. agency 3,345 3,335 9,142 8,800 2,813 2,792 — — 15,300 14,927 Other 267 266 1,940 1,812 122 103 29 23 2,358 2,204 Total non-U.S. debt securities 4,051 4,035 12,280 11,799 3,422 3,375 1,778 1,757 21,531 20,966 Asset-backed securities: Student loans 64 65 — — — — 88 85 152 150 Collateralized loan obligations 108 106 485 477 1,197 1,177 588 574 2,378 2,334 Non-agency CMBS and RMBS — — — — — — 200 195 200 195 Other — — 90 89 — — — — 90 89 Total asset-backed securities 172 171 575 566 1,197 1,177 876 854 2,820 2,768 State and political subdivisions 175 175 404 401 407 406 56 52 1,042 1,034 Other U.S. debt securities 62 61 997 928 15 15 — — 1,074 1,004 Total $ 6,565 $ 6,537 $ 21,917 $ 21,042 $ 13,462 $ 13,338 $ 4,652 $ 4,537 $ 46,596 $ 45,454 Held-to-maturity: U.S. Treasury and federal agencies: Direct obligations $ 400 $ 400 $ 10,985 $ 10,911 $ 24 $ 23 $ 15 $ 15 $ 11,424 $ 11,349 Mortgage-backed securities 157 151 556 540 4,706 4,141 36,241 32,976 41,660 37,808 Total U.S. Treasury and federal agencies 557 551 11,541 11,451 4,730 4,164 36,256 32,991 53,084 49,157 Non-U.S. debt securities: Non-U.S. sovereign, supranational and non-U.S. agency 546 543 5,303 5,186 594 586 — — 6,443 6,315 Total non-U.S. debt securities 546 543 5,303 5,186 594 586 — — 6,443 6,315 Asset-backed securities: Student loans 332 319 13 13 960 941 3,163 3,072 4,468 4,345 Non-agency CMBS and RMBS 181 188 11 12 — — 74 86 266 286 Total asset-backed securities 513 507 24 25 960 941 3,237 3,158 4,734 4,631 Total $ 1,616 $ 1,601 $ 16,868 $ 16,662 $ 6,284 $ 5,691 $ 39,493 $ 36,149 $ 64,261 $ 60,103 Allowance for Credit Losses on Debt Securities and Impairment of AFS Securities We conduct quarterly reviews of HTM and AFS securities on a collective (pool) basis when similar risk characteristics exist to determine whether an allowance for credit losses should be recognized. We review individual AFS securities periodically to assess if additional impairment is required. For additional information about the Current Expected Credit Loss methodology and the review of investment securities for expected credit losses or impairment, refer to pages 148 to 149 in Note 3 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. We monitor the credit quality of the HTM and AFS investment securities using a variety of methods, including both external and internal credit ratings. As of June 30, 2022, 99% of our HTM and AFS investment portfolio is publicly rated investment grade. We had no allowance for credit losses on our HTM securities as of June 30, 2022 and December 31, 2021. Our allowance for credit losses on our AFS securities was approximately $2 million as of both June 30, 2022 and December 31, 2021. In the second quarter of 2022, we recorded no provision for credit losses and no charge-offs on AFS securities. We have elected to not record an allowance on accrued interest for HTM and AFS securities. Accrued interest on these securities is reversed against interest income when payment on a security is delinquent for greater than 90 days from the date of payment.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Loans and Allowance for Credit Losses	Loans and Allowance for Credit Losses We segregate our loans into two segments: commercial and financial loans and commercial real estate loans. We further classify commercial and financial loans as fund finance loans, leveraged loans, overdrafts and other. These classifications reflect their risk characteristics, their initial measurement attributes and the methods we use to monitor and assess credit risk. For additional information on our loans, including our internal risk-rating system used to assess our risk of credit loss for each loan, refer to pages 149 to 154 in Note 4 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following table presents our recorded investment in loans, by segment, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Domestic (1) : Commercial and financial: Fund Finance (2) $ 12,363 $ 12,396 Leveraged loans 2,468 3,106 Overdrafts 2,220 1,796 Other (3) 1,968 2,262 Commercial real estate 2,682 2,554 Total domestic 21,701 22,114 Foreign (1) : Commercial and financial: Fund Finance (2) 8,131 7,778 Leveraged loans 1,123 1,328 Overdrafts 2,610 1,312 Total foreign 11,864 10,418 Total loans (2) 33,565 32,532 Allowance for credit losses (95) (87) Loans, net of allowance $ 33,470 $ 32,445 (1) Domestic and foreign categorization is based on the borrower’s country of domicile. (2) Fund finance loans include primarily $8.17 billion private equity capital call finance loans, $6.48 billion loans to real money funds, $4.11 billion collateralized loan obligations in loan form and $1.26 billion loans to business development companies as of June 30, 2022, compared to $9.15 billion private equity capital call finance loans, $6.40 billion loans to real money funds, $2.91 billion collateralized loan obligations in loan form and $1.39 billion loans to business development companies as of December 31, 2021. (3) Includes $1.53 billion securities finance loans, $420 million loans to municipalities and $21 million other loans as of June 30, 2022 and $1.78 billion securities finance loans, $455 million loans to municipalities and $23 million other loans as of December 31, 2021. The commercial and financial segment is composed of primarily fund finance loans, purchased leveraged loans, overdrafts and other loans. Fund finance loans are composed of revolving credit lines providing liquidity and leverage to mutual fund and private equity fund clients, as well as collateralized loan obligations in loan form. Certain loans are pledged as collateral for access to the Federal Reserve's discount window. As of June 30, 2022 and December 31, 2021, the loans pledged as collateral totaled $10.92 billion and $10.08 billion, respectively. As of both June 30, 2022 and December 31, 2021, we had no loans on non-accrual status. We sold $1.63 billion of loans in the second quarter of 2022, of which $155 million remained unsettled and was held for sale as of June 30, 2022. In certain circumstances, we restructure troubled loans by granting concessions to borrowers experiencing financial difficulty. Once restructured, the loans are generally considered impaired until their maturity, regardless of whether the borrowers perform under the modified terms of the loans. There were no loans modified in troubled debt restructurings during the second quarter of 2022. Allowance for Credit Losses We recognize an allowance for credit losses in accordance with ASC 326 for certain on-balance sheet credit exposures, including financial assets held at amortized cost and off-balance sheet commitments. The allowance for credit losses is reviewed on a regular basis, and any provision for credit losses is recorded to reflect the amount necessary to maintain the allowance for expected credit losses at a level which represents what management does not expect to recover due to expected credit losses. For additional discussion on the allowance for credit losses for investment securities, please refer to Note 3, to the consolidated financial statements in this Form 10-Q. When the allowance is recorded, a provision for credit loss expense is recognized in net income. The allowance for credit losses for financial assets (excluding investment securities, as discussed in Note 3) represents the portion of the amortized cost basis, including accrued interest for financial assets held at amortized cost, which management does not expect to recover due to expected credit losses and is presented on the statement of condition as an offset to the amortized cost basis. The accrued interest balance is presented separately on the statement of condition within accrued interest and fees receivable. The allowance for off-balance sheet commitments is presented within other liabilities. The allowance for credit losses may be determined using various methods, including discounted cash flow methods, loss-rate methods, probability-of-default methods, and other quantitative or qualitative methods as determined by us. The method used to estimate expected credit losses may vary depending on the type of financial asset, our ability to predict the timing of cash flows, and the information available to us. We measure expected credit losses of financial assets on a collective (pool) basis when similar risk characteristic exist. Each reporting period, we assess whether the assets in the pool continue to display similar risk characteristics. For a financial asset that does not share risk characteristics with other assets, expected credit losses are measured separately using one or more of the methods noted above. As of June 30, 2022, we had 5 loans for $130 million in the commercial and financial segment that no longer met the similar risk characteristics of their collective pool. We recorded an allowance for credit losses of $7 million as of June 30, 2022 on these loans. Determining the appropriateness of the allowance is complex and requires judgment by management about the effect of matters that are inherently uncertain. In future periods, factors and forecasts then prevailing may result in significant changes in the allowance for credit losses in those future periods. We estimate credit losses over the contractual life of the financial asset, while factoring in prepayment activity, where supported by data, over a 3 year reasonable and supportable forecast period. We utilize a baseline, upside and downside scenario which are applied based on a probability weighting, in order to better reflect management’s expectation of expected credit losses given existing market conditions and the changes in the economic environment. The multiple scenarios are based on a three year horizon (or less depending on contractual maturity) and then revert linearly over a two year period to a ten-year historical average thereafter. The contractual term excludes expected extensions, renewals and modifications, but includes prepayment assumptions where applicable. As part of our allowance methodology, we establish qualitative reserves to address any risks inherent in our portfolio that are not addressed through our quantitative reserve assessment. These factors may relate to, among other things, legislation changes or new regulation, credit concentration, loan markets, scenario weighting and overall model limitations. The qualitative adjustments are applied to our portfolio of financial instruments under the existing governance structure and are inherently judgmental. For additional information on the allowance for credit losses, refer to pages 149 to 154 in Note 4 to the consolidated financial statements included under item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Credit Quality Credit quality for financial assets held at amortized cost is continuously monitored by management and is reflected within the allowance for credit losses. We use an internal risk-rating system to assess our risk of credit loss for each loan. This risk-rating process incorporates the use of risk-rating tools in conjunction with management judgment. Qualitative and quantitative inputs are captured in a systematic manner, and following a formal review and approval process, an internal credit rating based on our credit scale is assigned. When computing allowance levels, credit loss assumptions are estimated using a model that categorizes asset pools based on loss history, delinquency status and other credit trends and risk characteristics, including current conditions and reasonable and supportable forecasts about the future. Determining the appropriateness of the allowance is complex and requires judgment by management about the effect of matters that are inherently uncertain. In future periods evaluations of the overall asset portfolio, in light of the factors and forecasts then prevailing, may result in significant changes in the allowance and credit loss expense in those future periods. Credit quality is assessed and monitored by evaluating various attributes in order to enable the earliest possible detection of any concerns with the customer’s credit rating. The results of those evaluations are utilized in underwriting new loans and transactions with counterparties and in our process for estimation of expected credit losses. In assessing the risk rating assigned to each individual loan, among the factors considered are the borrower's debt capacity, collateral coverage, payment history and delinquency experience, financial flexibility and earnings strength, the expected amounts and source of repayment, the level and nature of contingencies, if any, and the industry and geography in which the borrower operates. These factors are based on an evaluation of historical and current information, and involve subjective assessment and interpretation. Credit counterparties are evaluated and risk-rated on an individual basis at least annually. Management considers the ratings to be current as of June 30, 2022. Our internal risk rating methodology assigns risk ratings to counterparties ranging from Investment Grade, Speculative, Special Mention, Substandard, Doubtful and Loss. • Investment Grade: Counterparties with strong credit quality and low expected credit risk and probability of default. Approximately 86% of our loans were rated as investment grade as of June 30, 2022 with external credit ratings, or equivalent, of "BBB-" or better. • Speculative: Counterparties that have the ability to repay but face significant uncertainties, such as adverse business or financial circumstances that could affect credit risk or economic downturns. Loans to counterparties rated as speculative account for approximately 12% of our loans as of June 30, 2022, and are concentrated in leveraged loans. Approximately 96% of those leveraged loans have an external credit rating, or equivalent, of "BB" or "B" as of June 30, 2022. • Special Mention: Counterparties with potential weaknesses that, if uncorrected, may result in deterioration of repayment prospects. • Substandard: Counterparties with well-defined weakness that jeopardizes repayment with the possibility we will sustain some loss. • Doubtful: Counterparties with well-defined weakness which make collection or liquidation in full highly questionable and improbable. • Loss: Counterparties which are uncollectible or have little value. The following tables present our recorded loans to counterparties by risk rating, as noted above, as of the dates indicated: June 30, 2022 Commercial and Financial Commercial Real Estate Total Loans (In millions) Investment grade $ 26,549 $ 2,373 $ 28,922 Speculative 3,851 220 4,071 Special mention 162 89 251 Substandard 166 — 166 Total (1)(2) $ 30,728 $ 2,682 $ 33,410 December 31, 2021 Commercial and Financial Commercial Real Estate Total Loans (In millions) Investment grade $ 24,974 $ 2,222 $ 27,196 Speculative 4,714 270 4,984 Special mention 118 62 180 Substandard 164 — 164 Total (1)(2) $ 29,970 $ 2,554 $ 32,524 (1) Loans Include $4.83 billion and $3.11 billion of overdrafts as of June 30, 2022 and December 31, 2021, respectively. Overdrafts are short-term in nature and do not present a significant credit risk to us. As of June 30, 2022, $4.47 billion overdrafts were investment grade, $356 million overdrafts were speculative and $2 million were substandard. (2) Total does not include $155 million and $8 million of loans classified as held-for-sale as of June 30, 2022 and December 31, 2021, respectively. For additional information about credit quality, refer to pages 151 to 154 in Note 4 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following table presents the amortized cost basis, by year of origination and credit quality indicator, as of June 30, 2022. For origination years before the fifth annual period, we present the aggregate amortized cost basis of loans. For purchased loans, the date of issuance is used to determine the year of origination, not the date of acquisition. For modified, extended or renewed lending arrangements, we evaluate whether a credit event has occurred which would consider the loan to be a new arrangement. (In millions) 2022 2021 2020 2019 2018 Prior Revolving Loans Total (1) Domestic loans: Commercial and financial: Risk Rating: Investment grade $ 2,297 $ 185 $ 95 $ 341 $ — $ 12 $ 13,197 $ 16,127 Speculative 129 849 192 486 340 150 363 2,509 Special mention — 39 — 96 — 27 — 162 Substandard 2 — 5 70 45 6 — 128 Total commercial and financing $ 2,428 $ 1,073 $ 292 $ 993 $ 385 $ 195 $ 13,560 $ 18,926 Commercial real estate: Risk Rating: Investment grade $ 134 $ 612 $ 100 397 $ 657 $ 473 $ — $ 2,373 Speculative — — 49 124 19 28 — 220 Special mention — — — 49 40 — — 89 Total commercial real estate $ 134 $ 612 $ 149 $ 570 $ 716 $ 501 $ — $ 2,682 Non-U.S. loans: Commercial and financial: Risk Rating: Investment grade $ 3,505 $ 2,783 $ — $ — $ — $ — $ 4,134 $ 10,422 Speculative 350 513 122 180 99 65 13 1,342 Special mention — — — — — — — — Substandard — — — — 38 — — 38 Total commercial and financing $ 3,855 $ 3,296 $ 122 $ 180 $ 137 $ 65 $ 4,147 $ 11,802 Total loans (2) $ 6,417 $ 4,981 $ 563 $ 1,743 $ 1,238 $ 761 $ 17,707 $ 33,410 (1) Any reserve associated with accrued interest is not material. As of June 30, 2022, accrued interest receivable of $91 million included in the amortized cost basis of loans has been excluded from the amortized cost basis within this table. (2) Total does not include $155 million of loans classified as held-for-sale as of June 30, 2022. The following table presents the amortized cost basis, by year of origination and credit quality indicator as of December 31, 2021: (In millions) 2021 2020 2019 2018 2017 Prior Revolving Loans Total (1) Domestic loans: Commercial and financial: Risk Rating: Investment grade $ 1,988 $ 59 $ 347 $ 2 $ 37 $ — $ 13,591 $ 16,024 Speculative 1,096 351 706 425 350 7 343 3,278 Special mention — — 70 29 19 — — 118 Substandard — 5 71 56 8 — — 140 Total commercial and financing $ 3,084 $ 415 $ 1,194 $ 512 $ 414 $ 7 $ 13,934 $ 19,560 Commercial real estate: Risk Rating: Investment grade $ 580 $ 129 $ 383 $ 657 $ 276 $ 197 $ — $ 2,222 Speculative 24 49 149 20 — 28 — 270 Special mention — — 22 40 — — — 62 Total commercial real estate $ 604 $ 178 $ 554 $ 717 $ 276 $ 225 $ — $ 2,554 Non-U.S. loans: Commercial and financial: Risk Rating: Investment grade $ 4,087 $ — $ — $ — $ — $ — $ 4,863 $ 8,950 Speculative 561 201 264 204 120 31 55 1,436 Substandard — — — 24 — — — 24 Total commercial and financing $ 4,648 $ 201 $ 264 $ 228 $ 120 $ 31 $ 4,918 $ 10,410 Total loans (2) $ 8,336 $ 794 $ 2,012 $ 1,457 $ 810 $ 263 $ 18,852 $ 32,524 (1) Any reserve associated with accrued interest is not material. As of December 31, 2021, accrued interest receivable of $86 million included in the amortized cost basis of loans has been excluded from the amortized cost basis within this table. (2) Total does not include $8 million of loans classified as held-for-sale as of December 31, 2021. The following tables present the activity in the allowance for credit losses by portfolio and class for the periods indicated: Three Months Ended June 30, 2022 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Available-for-sale Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 61 $ 11 $ 14 $ 2 $ 19 $ — $ 107 Charge-offs (3) — — — — — (3) Provision 11 (1) 2 — (2) — 10 Ending balance $ 69 $ 10 $ 16 $ 2 $ 17 $ — $ 114 (1) Includes $9 million allowance for credit losses on Fund Finance loans and $1 million on other loans. Six Months Ended June 30, 2022 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Available-for-sale Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 61 $ 12 $ 14 $ 2 $ 19 $ — $ 108 Charge-offs (4) — — — — — (4) Provision 12 (2) 2 — (2) — 10 Ending balance $ 69 $ 10 $ 16 $ 2 $ 17 $ — $ 114 (1) Includes $9 million allowance for credit losses on Fund Finance loans and $1 million on other loans. Three Months Ended June 30, 2021 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Held-to-Maturity Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 92 $ 12 $ 14 $ 2 $ 15 $ — $ 135 Charge-offs (1) — — — — — (1) Provision (19) — — — 4 — (15) Foreign currency translation 2 — — — — — 2 Ending balance $ 74 $ 12 $ 14 $ 2 $ 19 $ — $ 121 (1) Includes $10 million allowance for credit losses on Fund Finance loans and $2 million on other loans. Six Months Ended June 30, 2021 Commercial and Financial (In millions) Leveraged Loans Other Loans Commercial Real Estate Held-to-Maturity Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 97 $ 17 $ 8 $ 3 $ 22 $ 1 $ 148 Charge-offs (1) (1) — — — — — (1) Provision (20) (5) 6 (1) (3) (1) (24) Foreign currency translation (2) — — — — — (2) Ending balance $ 74 $ 12 $ 14 $ 2 $ 19 $ — $ 121 (1) Includes $10 million allowance for credit losses on Fund Finance loans and $2 million on other loans. Loans are reviewed on a regular basis, and any provisions for credit losses that are recorded reflect management's estimate of the amount necessary to maintain the allowance for loan losses at a level considered appropriate to absorb estimated credit losses in the loan portfolio. In the second quarter of 2022, we recorded a $10 million provision for credit losses, reflecting a downward shift in management's economic outlook, partially offset by a decrease in expected losses related to leveraged loans within our portfolio. In the second quarter of 2021, we reduced the allowance for credit losses by $14 million, principally through a $15 million reserve release in the provision for credit losses. Allowance estimates remain subject to continued model and economic uncertainty and management may use qualitative adjustments in the allowance estimates. If future data and forecasts deviate relative to the forecasts utilized to determine our allowance for credit losses as of June 30, 2022, or if credit risk migration is higher or lower than forecasted for reasons independent of the economic forecast, our allowance for credit losses will also change.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The following table presents changes in the carrying amount of goodwill during the periods indicated: (In millions) Investment Investment Total Goodwill: Ending balance December 31, 2020 $ 7,413 $ 270 $ 7,683 Acquisitions (1) 66 — 66 Divestitures (2) (17) — (17) Foreign currency translation (108) (3) (111) Ending balance December 31, 2021 $ 7,354 $ 267 $ 7,621 Acquisitions 3 — 3 Foreign currency translation (155) (4) (159) Ending balance June 30, 2022 $ 7,202 $ 263 $ 7,465 (1) Investment Servicing includes our acquisitions of the depositary bank and fund administrator activities of Fideuram Bank Luxembourg, a subsidiary of Intesa Sanpaolo, in the first quarter of 2021, with a total purchase price of approximately EUR 220 million or approximately $258 million, and our acquisition of Mercatus, Inc. in the third quarter of 2021, with a total purchase price of approximately $88 million. We accounted for these acquisitions as business combinations and, in accordance with ASC Topic 805, Business Combinations, we have recorded assets acquired and liabilities assumed at their respective fair values as of the acquisition date. (2) In the second quarter of 2021, we sold a majority share of our WMS business. The following table presents changes in the net carrying amount of other intangible assets during the periods indicated: (In millions) Investment Servicing Investment Total Other intangible assets: Ending balance December 31, 2020 $ 1,733 $ 94 $ 1,827 Acquisitions (1) 264 — 264 Amortization (221) (24) (245) Foreign currency translation (30) — (30) Ending balance December 31, 2021 1,746 70 1,816 Acquisitions — — — Amortization (110) (11) (121) Foreign currency translation (41) — (41) Ending balance June 30, 2022 $ 1,595 $ 59 $ 1,654 (1) Investment Servicing includes our acquisitions of the depositary bank and fund administrator activities of Fideuram Bank Luxembourg, a subsidiary of Intesa Sanpaolo, in the first quarter of 2021, with a total purchase price of approximately EUR 220 million or approximately $258 million, and our acquisition of Mercatus, Inc. in the third quarter of 2021, with a total purchase price of approximately $88 million. We accounted for these acquisitions as business combinations and, in accordance with ASC Topic 805, Business Combinations, we have recorded assets acquired and liabilities assumed at their respective fair values as of the acquisition date. The following table presents the gross carrying amount, accumulated amortization and net carrying amount of other intangible assets by type as of the dates indicated: June 30, 2022 Gross Accumulated Net (In millions) Other intangible assets: Client relationships $ 2,710 $ (1,535) $ 1,175 Technology 401 (159) 242 Core deposits 679 (457) 222 Other 89 (74) 15 Total $ 3,879 $ (2,225) $ 1,654 December 31, 2021 Gross Accumulated Net (In millions) Other intangible assets: Client relationships $ 2,786 $ (1,497) $ 1,289 Technology 403 (142) 261 Core deposits 696 (451) 245 Other 96 (75) 21 Total $ 3,981 $ (2,165) $ 1,816

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
Other Assets	Other Assets The following table presents the components of other assets as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Securities borrowed (1) $ 18,194 $ 22,300 Derivative instruments, net 9,476 4,108 Bank-owned life insurance 3,605 3,554 Investments in joint ventures and other unconsolidated entities (2) 3,256 3,162 Collateral, net 1,691 1,011 Receivable for securities settlement 1,083 213 Deferred tax assets, net of valuation allowance (3) 1,027 254 Prepaid expenses 705 612 Right-of-use assets 501 542 Accounts receivable 464 236 Income taxes receivable 326 317 Deposits with clearing organizations 62 62 Other (4) 1,080 1,244 Total $ 41,470 $ 37,615 (1) Refer to Note 8, for further information on the impact of collateral on our financial statement presentation of securities borrowing and securities lending transactions. (2) Includes equity securities without readily determinable fair values that are accounted for under the ASC 321 measurement alternative of $177 million and $109 million as of June 30, 2022 and December 31, 2021, respectively. For the three months ended June 30, 2022, there were no upward adjustments resulting from observable prices changes were recognized in other fee revenue related to such equity securities (3) Deferred tax assets and liabilities recorded in our consolidated statement of condition are netted within the same tax jurisdiction. (4) Includes advances of $677 million and $544 million as of June 30, 2022 and December 31, 2021, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We use derivative financial instruments to support our clients' needs and to manage our interest rate and currency risks. These financial instruments consist of FX contracts such as forwards, futures and options contracts; interest rate contracts such as interest rate swaps (cross currency and single currency) and futures; and other derivative contracts. Derivative instruments used for risk management purposes that are highly effective in offsetting the risk being hedged are generally designated as hedging instruments in hedge accounting relationships, while others are economic hedges and not designated in hedge accounting relationships. For additional information on our use and accounting policies on derivative financial instruments, including derivatives not designated as hedging instruments, refer to pages 158 to 159 in Note 10 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Derivatives Designated as Hedging Instruments For additional information on our derivatives designated as hedging instruments, including our risk management objectives and hedging documentation methodologies, refer to page 159 in Note 10 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Fair Value Hedges Derivatives designated as fair value hedges are utilized to mitigate the risk of changes in the fair values of recognized assets and liabilities, including long-term debt and AFS securities. We use interest rate contracts in this manner to manage our exposure to changes in the fair value of hedged items caused by changes in interest rates. Changes in the fair value of the derivative and changes in fair value of the hedged item due to changes in the hedged risk are recognized in earnings in the same line item. If a hedge is terminated, but the hedged item was not derecognized, all remaining adjustments to the carrying amount of the hedged item are amortized over a period that is consistent with the amortization of other discounts or premiums associated with the hedged item . Cash Flow Hedges Derivatives designated as cash flow hedges are utilized to offset the variability of cash flows of recognized assets, liabilities or forecasted transactions. We have entered into FX contracts to hedge the change in cash flows attributable to FX movements in foreign currency denominated investment securities. Additionally, we have entered into interest rate swap agreements to hedge the forecasted cash flows associated with LIBOR indexed floating-rate loans. The interest rate swaps synthetically convert the loan interest receipts from a variable-rate to a fixed-rate, thereby mitigating the risk attributable to changes in the LIBOR benchmark rate. Changes in fair value of the derivatives designated as cash flow hedges are initially recorded in AOCI and then reclassified into earnings in the same period or periods during which the hedged forecasted transaction affects earnings and are presented in the same income statement line item as the earnings effect of the hedged item. If the hedge relationship is terminated, the change in fair value on the derivative recorded in AOCI is reclassified into earnings consistent with the timing of the hedged item. For hedge relationships that are discontinued because a forecasted transaction is not expected to occur according to the original hedge terms, any related derivative values recorded in AOCI are immediately recognized in earnings. The net loss associated with cash flow hedges expected to be reclassified from AOCI within 12 months of June 30, 2022, is approximately $156 million. The maximum length of time over which forecasted cash flows are hedged is 5 years. Net Investment Hedges Derivatives categorized as net investment hedges are entered into to protect the net investment in our foreign operations against adverse changes in exchange rates. We use FX forward contracts to convert the foreign currency risk to U.S. dollars to mitigate our exposure to fluctuations in FX rates. The changes in fair value of the FX forward contracts are recorded, net of taxes, in the foreign currency translation component of OCI. The following table presents the aggregate contractual, or notional, amounts of derivative financial instruments, including those entered into for trading and asset-and-liability management activities as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Interest rate contracts: Futures $ 4,783 $ 9,604 Foreign exchange contracts: Forward, swap and spot 2,190,465 2,569,449 Options purchased 1,255 328 Options written 874 210 Futures 1,662 2,359 Other: Stable value contracts (1) 33,121 32,868 Deferred value awards (2) 382 308 Derivatives designated as hedging instruments: Interest rate contracts: Swap agreements 24,066 15,100 Foreign exchange contracts: Forward and swap 7,826 6,700 (1) The notional value of the stable value contracts represents our maximum exposure. However, exposure to various stable value contracts is generally contractually limited to substantially lower amounts than the notional values. (2) Represents grants of deferred value awards to employees; refer to page 158 in Note 10 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Notional amounts are provided here as an indication of the volume of our derivative activity and serve as a reference to calculate the fair values of the derivative. The following table presents the fair value of derivative financial instruments, excluding the impact of master netting agreements, recorded in our consolidated statement of condition as of the dates indicated. The impact of master netting agreements is provided in Note 8. Derivative Assets (1) Derivative Liabilities (2) (In millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Foreign exchange contracts $ 23,415 $ 15,216 $ 23,031 $ 15,790 Other derivative contracts — — 272 301 Total $ 23,415 $ 15,216 $ 23,303 $ 16,091 Derivatives designated as hedging instruments: Foreign exchange contracts $ 218 $ 59 $ 5 $ 35 Interest rate contracts 11 2 — — Total $ 229 $ 61 $ 5 $ 35 (1) Derivative assets are included within other assets in our consolidated statement of condition. (2) Derivative liabilities are included within other liabilities in our consolidated statement of condition. The following table presents the impact of our use of derivative financial instruments on our consolidated statement of income for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Amount of Gain (Loss) on Derivative Recognized in Consolidated Statement of Income Derivatives not designated as hedging instruments: Foreign exchange contracts Foreign exchange trading services revenue $ 230 $ 188 $ 469 $ 431 Foreign exchange contracts Interest expense 3 16 16 37 Interest rate contracts Foreign exchange trading services revenue (6) 1 — 1 Other derivative contracts Compensation and employee benefits (10) (45) (64) (123) Total $ 217 $ 160 $ 421 $ 346 The following table shows the carrying amount and associated cumulative basis adjustments related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships: June 30, 2022 Cumulative Fair Value Hedging Adjustment Increasing (Decreasing) the carrying amount (In millions) Carrying Amount of Hedged Assets/Liabilities Active De-designated (1) Long-term debt $ 10,271 $ (403) $ 436 Available-for-sale securities (2)(3) 11,289 (360) 14 December 31, 2021 Cumulative Fair Value Hedging Adjustment Increasing (Decreasing) the carrying amount (In millions) Carrying Amount of Hedged Assets/Liabilities Active De-designated (1) Long-term debt $ 9,026 $ (64) $ 514 Available-for-sale securities 3,551 — 24 (1) Represents hedged items no longer designated in qualifying fair value hedging relationships for which an associated basis adjustment exists at the balance sheet date. (2) Included in these amounts is the amortized cost of the prepayable financial assets designated in last-of-layer hedging relationships (hedged item is the last layer of a closed portfolio of prepayable financial assets expected to remain outstanding at the end of the hedging relationship). At June 30, 2022 and December 31, 2021, the amortized cost of the closed portfolios used in these hedging relationships was $221 million and zero, respectively, of which $68 million and zero, respectively, was designated in the last-of-layer hedging relationship. At June 30, 2022 and December 31, 2021 the cumulative adjustment associated with these hedging relationships was ($1) million and zero, respectively. (3) Carrying amount represents amortized cost. As of June 30, 2022 and December 31, 2021, the total notional amount of the interest rate swaps of fair value hedges was $17.07 billion and $6.95 billion, respectively. The following tables present the impact of our use of derivative financial instruments on our consolidated statement of income for the periods indicated: Three Months Ended June 30, Three Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Derivative in Consolidated Statement of Income Amount of Gain Hedged Item in Fair Value Hedging Relationship Location of Gain (Loss) on Hedged Item in Consolidated Statement of Income Amount of Gain Derivatives designated as fair value hedges: Interest rate contracts Net interest income $ 148 $ (23) Available-for-sale securities (1) Net interest income $ (149) $ 21 Interest rate contracts Net interest income (96) (7) Long-term debt Net interest income 96 7 Total $ 52 $ (30) $ (53) $ 28 Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Derivative in Consolidated Statement of Income Amount of Gain Hedged Item in Fair Value Hedging Relationship Location of Gain (Loss) on Hedged Item in Consolidated Statement of Income Amount of Gain Derivatives designated as fair value hedges: Interest rate contracts Net interest income $ 358 (6) Available-for-sale securities (2) Net interest income $ (360) $ 5 Interest rate contracts Net interest income (339) (19) Long-term debt Net interest income 339 18 Total $ 19 $ (25) $ (21) $ 23 (1) In the three months ended June 30, 2022, approximately $113 million of net unrealized gains on AFS investment securities designated in fair value hedges was recognized in OCI compared to $16 million of net unrealized losses in the same period in 2021. (2) In the six months ended June 30, 2022, approximately $270 million of net unrealized gains on AFS investment securities designated in fair value hedges was recognized in OCI compared to $4 million of net unrealized losses in the same period in 2021. Three Months Ended June 30, Three Months Ended June 30, 2022 2021 Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income 2022 2021 (In millions) Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Derivatives designated as cash flow hedges: Interest rate contracts (1) $ (92) $ 10 Net interest income $ 6 $ 22 Foreign exchange contracts 129 7 Net interest income 3 3 Total derivatives designated as cash flow hedges $ 37 $ 17 $ 9 $ 25 Derivatives designated as net investment hedges: Foreign exchange contracts $ 264 $ (24) Gains (Losses) related to investment securities, net $ — $ — Total derivatives designated as net investment hedges 264 (24) — — Total $ 301 $ (7) $ 9 $ 25 Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Derivatives designated as cash flow hedges: Interest rate contracts $ (383) $ (6) Net interest income $ 25 $ 40 Foreign exchange contracts 176 $ 43 Net interest income 6 6 Total derivatives designated as cash flow hedges $ (207) $ 37 $ 31 $ 46 Derivatives designated as net investment hedges: Foreign exchange contracts $ 328 $ 111 Gains (losses) related to investment securities, net $ — $ — Total derivatives designated as net investment hedges 328 111 — — Total $ 121 $ 148 $ 31 $ 46 (1) As of June 30, 2022, the maximum maturity date of the underlying hedged items is approximately 4.3 years. Derivatives Netting and Credit Contingencies Netting Derivatives receivable and payable as well as cash collateral from the same counterparty are netted in the consolidated statement of condition for those counterparties with whom we have legally binding master netting agreements in place. In addition to cash collateral received and transferred presented on a net basis, we also receive and transfer collateral in the form of securities, which mitigate credit risk but are not eligible for netting. Additional information on netting is provided in Note 8. Credit Contingencies Certain of our derivatives are subject to master netting agreements with our derivative counterparties containing credit risk-related contingent features, which requires us to maintain an investment grade credit rating with the various credit rating agencies. If our rating falls below investment grade, we would be in violation of the provisions, and counterparties to the derivatives could request immediate payment or demand full overnight collateralization on derivatives instruments in net liability positions. The aggregate fair value of all derivatives with credit contingent features and in a liability position as of June 30, 2022 totaled approximately $5.63 billion, against which we provided $4.79 billion of collateral in the normal course of business. If our credit related contingent features underlying these agreements were triggered as of June 30, 2022, the maximum additional collateral we would be required to post to our counterparties is approximately $0.84 billion.

Offsetting Arrangements

Offsetting Arrangements	6 Months Ended
	Jun. 30, 2022
Offsetting [Abstract]
Offsetting Arrangements	Offsetting Arrangements For additional information on our offsetting arrangements, refer to page 162 in Note 11 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. As of June 30, 2022 and December 31, 2021, the value of securities received as collateral from third parties where we are permitted to transfer or re-pledge the securities totaled $3.71 billion and $1.60 billion, respectively, and the fair value of the portion that had been transferred or re-pledged for both was nil . The following tables present information about the offsetting of assets related to derivative contracts and secured financing transactions, as of the dates indicated: Assets: June 30, 2022 Gross Amounts of Recognized Assets (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Assets Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 23,633 $ (12,441) $ 11,192 $ — $ 11,192 Interest rate contracts (6) 11 — 11 — 11 Cash collateral and securities netting NA (1,727) (1,727) (1,034) (2,761) Total derivatives 23,644 (14,168) 9,476 (1,034) 8,442 Other financial instruments: Resale agreements and securities borrowing (7)(8) 100,778 (77,381) 23,397 (22,608) 789 Total derivatives and other financial instruments $ 124,422 $ (91,549) $ 32,873 $ (23,642) $ 9,231 Assets: December 31, 2021 Gross Amounts of Recognized Assets (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Assets Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 15,185 $ (9,113) $ 6,072 $ — $ 6,072 Interest rate contracts (6) 2 — 2 — 2 Cash collateral and securities netting NA (1,966) (1,966) (723) (2,689) Total derivatives 15,187 (11,079) 4,108 (723) 3,385 Other financial instruments: Resale agreements and securities borrowing (7)(8) 102,375 (77,063) 25,312 (25,096) 216 Total derivatives and other financial instruments $ 117,562 $ (88,142) $ 29,420 $ (25,819) $ 3,601 (1) Amounts include all transactions regardless of whether or not they are subject to an enforceable netting arrangement. (2) Refer to Note 1 and Note 2 for additional information about the measurement basis of derivative instruments. (3) Amounts subject to netting arrangements which have been determined to be legally enforceable and eligible for netting in the consolidated statement of condition. (4) Includes securities in connection with our securities borrowing transactions. (5) Includes amounts secured by collateral not determined to be subject to enforceable netting arrangements. (6) Variation margin payments presented as settlements rather than collateral. (7) Included in the $23.40 billion as of June 30, 2022 were $5.20 billion of resale agreements and $18.20 billion of collateral provided related to securities borrowing. Included in the $25.31 billion as of December 31, 2021 were $3.01 billion of resale agreements and $22.30 billion of collateral provided related to securities borrowing. Resale agreements and collateral provided related to securities borrowing were recorded in securities purchased under resale agreements and other assets, respectively, in our consolidated statement of condition. Refer to Note 9 for additional information with respect to principal securities finance transactions. (8) Offsetting of resale agreements primarily relates to our involvement in FICC, where we settle transactions on a net basis for payment and delivery through the Fedwire system. NA Not applicable The following tables present information about the offsetting of liabilities related to derivative contracts and secured financing transactions, as of the dates indicated: Liabilities: June 30, 2022 Gross Amounts of Recognized Liabilities (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Liabilities Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 23,036 $ (12,441) $ 10,595 $ — $ 10,595 Interest rate contracts (6) — — — — — Other derivative contracts 272 — 272 — 272 Cash collateral and securities netting NA (4,659) (4,659) (1,865) (6,524) Total derivatives 23,308 (17,100) 6,208 (1,865) 4,343 Other financial instruments: Repurchase agreements and securities lending (7)(8) 80,081 (77,381) 2,700 (1,782) 918 Total derivatives and other financial instruments $ 103,389 $ (94,481) $ 8,908 $ (3,647) $ 5,261 Liabilities: December 31, 2021 Gross Amounts of Recognized Liabilities (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Liabilities Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 15,825 $ (9,113) $ 6,712 $ — $ 6,712 Interest rate contracts (6) — — — — — Other derivative contracts 301 — 301 — 301 Cash collateral and securities netting NA (1,282) (1,282) (989) (2,271) Total derivatives 16,126 (10,395) 5,731 (989) 4,742 Other financial instruments: Repurchase agreements and securities lending (7)(8) 82,674 (77,063) 5,611 (4,066) 1,545 Total derivatives and other financial instruments $ 98,800 $ (87,458) $ 11,342 $ (5,055) $ 6,287 (1) Amounts include all transactions regardless of whether or not they are subject to an enforceable netting arrangement. (2) Refer to Note 1 and Note 2 for additional information about the measurement basis of derivative instruments. (3) Amounts subject to netting arrangements which have been determined to be legally enforceable and eligible for netting in the consolidated statement of condition. (4) Includes securities provided in connection with our securities lending transactions. (5) Includes amounts secured by collateral not determined to be subject to enforceable netting arrangements. (6) Variation margin payments presented as settlements rather than collateral. (7) Included in the $2.70 billion as of June 30, 2022 were $0.95 billion of repurchase agreements and $1.75 billion of collateral received related to securities lending transactions. Included in the $5.61 billion as of December 31, 2021 were $1.57 billion of repurchase agreements and $4.04 billion of collateral received related to securities lending transactions. Repurchase agreements and collateral received related to securities lending were recorded in securities sold under repurchase agreements and accrued expenses and other liabilities, respectively, in our consolidated statement of condition. Refer to Note 9 for additional information with respect to principal securities finance transactions. (8) Offsetting of repurchase agreements primarily relates to our involvement in FICC, where we settle transactions on a net basis for payment and delivery through the Fedwire system. NA Not applicable The securities transferred under resale and repurchase agreements typically are U.S. Treasury, agency and agency MBS. In our principal securities borrowing and lending arrangements, the securities transferred are predominantly equity securities and some corporate debt securities. The fair value of the securities transferred may increase in value to an amount greater than the amount received under our repurchase and securities lending arrangements, which exposes us to counterparty risk. We require the review of the price of the underlying securities in relation to the carrying value of the repurchase agreements and securities lending arrangements on a daily basis and when appropriate, adjust the cash or security to be obtained or returned to counterparties that is reflective of the required collateral levels. The following table summarizes our repurchase agreements and securities lending transactions by category of collateral pledged and remaining maturity of these agreements, as of the periods indicated: As of June 30, 2022 As of December 31, 2021 (In millions) Overnight and Continuous Up to 30 Days 30-90 days Greater than 90 Days Total Overnight and Continuous Up to 30 Days 30-90 days Greater than 90 Days Total Repurchase agreements: U.S. Treasury and agency securities $ 75,758 $ — $ — $ — $ 75,758 $ 75,266 $ — $ — $ — $ 75,266 Total 75,758 — — — 75,758 75,266 — — — 75,266 Securities lending transactions: US Treasury and agency securities 3 — — — 3 — — — — — Corporate debt securities 46 — 5 — 51 92 — — — 92 Equity securities 3,502 33 25 708 4,268 5,964 24 11 1,316 7,315 Other (1) 1 — — — 1 1 — — — 1 Total 3,552 33 30 708 4,323 6,057 24 11 1,316 7,408 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 79,310 $ 33 $ 30 $ 708 $ 80,081 $ 81,323 $ 24 $ 11 $ 1,316 $ 82,674 (1) Represents a security interest in underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge.

Commitments and Guarantees

Commitments and Guarantees	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Guarantees	Commitments and Guarantees For additional information on the nature of the obligations and related business activities for our commitments and guarantees, refer to page 165 in Note 12 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following table presents the aggregate gross contractual amounts of our off-balance sheet commitments and guarantees, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Commitments: Unfunded credit facilities $ 32,939 $ 33,026 Guarantees (1) : Indemnified securities financing $ 345,237 $ 385,740 Standby letters of credit 2,542 3,237 (1) The potential losses associated with these guarantees equal the gross contractual amounts and do not consider the value of any collateral or reflect any participations to independent third parties. Approximately 78% of our unfunded commitments to extend credit expire within one year as of June 30, 2022, compared to approximately 76% as of December 31, 2021. Indemnified Securities Financing For additional information on our indemnified securities financing, refer to page 165 in Note 12 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following table summarizes the aggregate fair values of indemnified securities financing and related collateral, as well as collateral invested in indemnified repurchase agreements, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Fair value of indemnified securities financing $ 345,237 $ 385,740 Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing 361,380 404,121 Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements 64,181 61,560 Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements 69,168 67,014 In certain cases, we participate in securities finance transactions as a principal. As a principal, we borrow securities from the lending client and then lend such securities to the subsequent borrower, either our client or a broker/dealer. Our right to receive and obligation to return collateral in connection with our securities lending transactions are recorded in other assets and other liabilities, respectively, in our consolidated statement of condition. As of June 30, 2022 and December 31, 2021, we had approximately $18.20 billion and $22.30 billion, respectively, of collateral provided and approximately $1.75 billion and $4.04 billion, respectively, of collateral received from clients in connection with our participation in principal securities finance transactions. FICC Guarantee As a sponsoring member in the FICC member program, we provide a guarantee to FICC in the event a customer fails to perform its obligations under a transaction. In order to minimize the risk associated with this guarantee, sponsored members acting as buyers generally grant a security interest in the subject securities received under and held on their behalf by State Street. For additional information on our repurchase and reverse repurchase agreements, please refer to Note 8 to the consolidated financial statements in this Form 10-Q.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Legal and Regulatory Matters In the ordinary course of business, we and our subsidiaries are involved in disputes, litigation, and governmental or regulatory inquiries and investigations, both pending and threatened. These matters, if resolved adversely against us or settled, may result in monetary awards or payments, fines and penalties or require changes in our business practices. The resolution or settlement of these matters is inherently difficult to predict. Based on our assessment of these pending matters, we do not believe that the amount of any judgment, settlement or other action arising from any pending matter is likely to have a material adverse effect on our consolidated financial condition. However, an adverse outcome or development in certain of the matters described below could have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved, or an accrual is determined to be required, on our consolidated financial condition, or on our reputation. We evaluate our needs for accruals of loss contingencies related to legal and regulatory proceedings on a case-by-case basis. When we have a liability that we deem probable, and we deem the amount of such liability can be reasonably estimated as of the date of our consolidated financial statements, we accrue our estimate of the amount of loss. We also consider a loss probable and establish an accrual when we make, or intend to make, an offer of settlement. Once established, an accrual is subject to subsequent adjustment as a result of additional information. The resolution of legal and regulatory proceedings and the amount of reasonably estimable loss (or range thereof) are inherently difficult to predict, especially in the early stages of proceedings. Even if a loss is probable, an amount (or range) of loss might not be reasonably estimated until the later stages of the proceeding due to many factors such as the presence of complex or novel legal theories, the discretion of governmental authorities in seeking sanctions or negotiating resolutions in civil and criminal matters, the pace and timing of discovery and other assessments of facts and the procedural posture of the matter (collectively, "factors influencing reasonable estimates"). As of June 30, 2022, our aggregate accruals for loss contingencies for legal, regulatory and related matters totaled approximately $15 million, including potential fines by government agencies and civil litigation with respect to the matters specifically discussed below. To the extent that we have established accruals in our consolidated statement of condition for probable loss contingencies, such accruals may not be sufficient to cover our ultimate financial exposure associated with any settlements or judgments. Any such ultimate financial exposure, or proceedings to which we may become subject in the future, could have a material adverse effect on our businesses, on our future consolidated financial statements or on our reputation. As of June 30, 2022, for those matters for which we have accrued probable loss contingencies (including the Invoicing Matter described below) and for other matters for which loss is reasonably possible (but not probable) in future periods, and for which we are able to estimate a range of reasonably possible loss, our estimate of the aggregate reasonably possible loss (in excess of any accrued amounts) ranges up to approximately $50 million . Our estimate with respect to the aggregate reasonably possible loss is based upon currently available information and is subject to significant judgment and a variety of assumptions and known and unknown uncertainties, which may change quickly and significantly from time to time, particularly if and as we engage with applicable governmental agencies or plaintiffs in connection with a proceeding. Also, the matters underlying the reasonably possible loss will change from time to time. As a result, actual results may vary significantly from the current estimate. In certain pending matters, it is not currently feasible to reasonably estimate the amount or a range of reasonably possible loss, and such losses, which may be significant, are not included in the estimate of reasonably possible loss discussed above. This is due to, among other factors, the factors influencing reasonable estimates described above. An adverse outcome in one or more of the matters for which we have not estimated the amount or a range of reasonably possible loss, individually or in the aggregate, could have a material adverse effect on our businesses, on our future consolidated financial statements or on our reputation. Given that our actual losses from any legal or regulatory proceeding for which we have provided an estimate of the reasonably possible loss could significantly exceed such estimate, and given that we cannot estimate reasonably possible loss for all legal and regulatory proceedings as to which we may be subject now or in the future, no conclusion as to our ultimate exposure from current pending or potential legal or regulatory proceedings should be drawn from the current estimate of reasonably possible loss. The following discussion provides information with respect to significant legal, governmental and regulatory matters. Invoicing Matter In 2015, we determined that we had incorrectly invoiced clients for certain expenses. We have reimbursed most of our affected customers for those expenses, and we have implemented enhancements to our billing processes. In connection with our enhancements to our billing processes, we continue to review historical billing practices and may from time to time identify additional remediation. In 2017, we identified an additional area of incorrect expense billing associated with mailing services in our retirement services business. We currently expect the cumulative total of our payments to customers for these invoicing errors, including the error in the retirement services business, to be at least $350 million , all of which has been paid or is accrued. However, we may identify additional remediation costs. In March 2017, a purported class action was commenced against us alleging that our invoicing practices violated duties owed to retirement plan customers under the Employee Retirement Income Security Act. We have agreed, subject to court approval, to resolve this matter and pay a cost that is within our established accruals for loss contingencies. In addition, we have received a purported class action demand letter alleging that our invoicing practices were unfair and deceptive under Massachusetts law. A class of customers, or particular customers, may assert that we have not paid to them all amounts incorrectly invoiced, and may seek double or treble damages under Massachusetts law. We resolved potential criminal claims that arose from these matters by entering into a deferred prosecution agreement with the office of the United States Attorney for the District of Massachusetts and paying a $115 million penalty in May 2021. In June 2019, we reached an agreement with the SEC to settle its claims that we violated the recordkeeping provisions of Section 34(b) of the Investment Company Act of 1940 and caused violations of Section 31(a) of the Investment Company Act and Rules 31a-1(a) and 31a-1(b) thereunder in connection with our overcharges of customers which are registered investment companies. In reaching this settlement, we neither admitted nor denied the claims contained in the SEC’s order, and agreed to pay a civil monetary penalty of $40 million. Also in June 2019, we reached an agreement with the Massachusetts Attorney General’s office to resolve its claims related to this matter. In reaching this settlement, we neither admitted nor denied the claims in the order, and agreed to pay a civil monetary penalty of $5.5 million. The SEC and Massachusetts Attorney General’s office settlements both recognize that the payment of $48.8 million in disgorgement and interest is satisfied by our direct reimbursements of our customers. We paid fines to resolve claims of the Securities Divisions of the Secretaries of the State of Massachusetts and New Hampshire. The costs associated with the settlements discussed above were within our related previously established accruals for loss contingencies. We have not resolved certain claims that may be made by the U.S. Department of Labor. We do not know whether any such claims will be brought, and there can be no assurance that any settlement of any such claims will be reached on financial terms acceptable to us or at all. The aggregate amount of penalties that may potentially be imposed upon us in connection with the resolution of any such matters is not currently known. Gomes, et al. v. State Street Corp. Eight participants in our Salary Savings Program filed a purported class action complaint in May 2021 on behalf of participants and beneficiaries who participated in the Program and invested in our proprietary investment fund options between May 2015 and the present. The complaint names the Plan Sponsor as well as the committees overseeing the Plan and their respective members as defendants, and alleges breach of fiduciary duty and violations of other duties owed to retirement plan participants under the Employee Retirement Income and Security Act. We and the other named defendants deny the alleged claims and are proceeding with a defense of the matter. Edmar Financial Company, LLC et al v. Currenex, Inc. et al In August 2021, two former Currenex clients filed a putative civil class action lawsuit in the Southern District of New York alleging antitrust violations, fraud and a civil Racketeer Influenced and Corrupt Organization Act violation against Currenex, State Street and others. Income Taxes In determining our provision for income taxes, we make certain judgments and interpretations with respect to tax laws in jurisdictions in which we have business operations. Because of the complex nature of these laws, in the normal course of our business, we are subject to challenges from U.S. and non-U.S. income tax authorities regarding the amount of income taxes due. These challenges may result in adjustments to the timing or amount of taxable income or deductions or the allocation of taxable income among tax jurisdictions. We recognize a tax benefit when it is more likely than not that our position will result in a tax deduction or credit. Unrecognized tax benefits totaled approximately $232 million and $252 million as of June 30, 2022 and December 31, 2021, respectively. We are presently under audit by a number of tax authorities. The earliest tax year open to examination in jurisdictions where we have material operations is 2013. Management believes that we have sufficiently accrued liabilities as of June 30, 2022 for potential tax exposures.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities For additional information on our accounting policy and our use of variable interest entities (VIEs), refer to pages 168 to 169 in Note 14 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, "Variable Interest Entities", in our 2021 Form 10-K. Interests in Investment Funds As of both June 30, 2022 and December 31, 2021, we had no consolidated funds. As of both June 30, 2022 and December 31, 2021, we managed certain funds, considered VIEs, in which we held a variable interest but for which we were not deemed to be the primary beneficiary. Our potential maximum loss exposure related to these unconsolidated funds totaled $15 million and $17 million as of June 30, 2022 and December 31, 2021, respectively, and represented the carrying value of our investments, which are recorded in other assets in our consolidated statement of condition. The amount of loss we may recognize during any period is limited to the carrying amount of our investments in the unconsolidated funds. We also held investments in low-income housing, production and investment tax credit entities, considered VIEs for which we were not deemed to be the primary beneficiary. As of June 30, 2022 and December 31, 2021, our potential maximum loss exposure related to these unconsolidated entities totaled $1.68 billion and $1.69 billion, respectively, most of which represented the carrying value of our investments, which are recorded in other assets in our consolidated statement of condition.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Preferred Stock The following table summarizes selected terms of each of the series of the preferred stock issued and outstanding as of June 30, 2022: Preferred Stock (1) : Issuance Date Depositary Shares Issued Amount outstanding (in millions) Ownership Interest Per Depositary Share Liquidation Preference Per Share Liquidation Preference Per Depositary Share Per Annum Dividend Rate Dividend Payment Frequency Carrying Value as of June 30, 2022 Redemption Date (2) Series D February 2014 30,000,000 $ 750 1/4,000th $ 100,000 $ 25 5.9% to but excluding March 15, 2024, then a floating rate equal to the three-month LIBOR plus 3.108% Quarterly $ 742 March 15, 2024 Series F (3) May 2015 250,000 250 1/100th 100,000 1,000 5.25% to but excluding September 15, 2020, then a floating rate equal to the three-month LIBOR plus 3.597%, or 5.426% effective June 15, 2022 Quarterly 247 September 15, 2020 Series G April 2016 20,000,000 500 1/4,000th 100,000 25 5.35% to but excluding March 15, 2026, then a floating rate equal to the three-month LIBOR plus 3.709% Quarterly 493 March 15, 2026 Series H September 2018 500,000 500 1/100th 100,000 1,000 5.625% to but excluding December 15, 2023, then a floating rate equal to the three-month LIBOR plus 2.539% Semi-annually 494 December 15, 2023 (1) The preferred stock and corresponding depositary shares may be redeemed at our option in whole, but not in part, prior to the redemption date upon the occurrence of a regulatory capital treatment event, as defined in the certificate of designation, at a redemption price equal to the liquidation price per share and liquidation price per depositary share plus any declared and unpaid dividends, without accumulation of any undeclared dividends. (2) On the redemption date, or any dividend payment date thereafter, the preferred stock and corresponding depositary shares may be redeemed by us, in whole or in part, at the liquidation price per share and liquidation price per depositary share plus any declared and unpaid dividends, without accumulation of any undeclared dividends. (3) Series F preferred stock is redeemable on September 15, 2020 and on each succeeding dividend payment date. The following tables present the dividends declared for each of the series of preferred stock issued and outstanding for the periods indicated: Three Months Ended June 30, 2022 2021 (Dollars in millions, except per share amounts) Dividends Declared per Share Dividends Declared per Depositary Share Total Dividends Declared per Share Dividends Declared per Depositary Share Total Preferred Stock: Series D $ 1,475 $ 0.37 $ 11 $ 1,475 $ 0.37 $ 11 Series F 1,130 11.30 3 966 9.66 2 Series G 1,338 0.33 7 1,338 0.33 7 Series H 2,813 28.13 14 2,813 28.13 14 Total $ 35 $ 34 Six Months Ended June 30, 2022 2021 (Dollars in millions, except per share amounts) Dividends Declared per Share Dividends Declared per Depositary Share Total Dividends Declared per Share Dividends Declared per Depositary Share Total Preferred Stock: Series D $ 2,950 $ 0.74 $ 22 $ 2,950 $ 0.74 $ 22 Series F 2,080 20.80 5 1,919 19.19 9 Series G 2,676 0.66 14 2,676 0.66 14 Series H 2,813 28.13 14 2,813 28.13 14 Total $ 55 $ 59 In July 2022, we declared dividends on our series D, F and G preferred stock of approximately $1,475, $1,387 and $1,338, respectively, per share, or approximately $0.37, $13.87 and $0.33, respectively, per depositary share. These dividends total approximately $11 million, $3 million and $7 million on our series D, F and G preferred stock, respectively, which will be paid in September 2022. Common Stock In September 2021, we completed a public offering of approximately 21.7 million shares of our common stock. The offering price was $87.60 per share and net proceeds totaled approximately $1.9 billion. We expect to use these net proceeds to finance our proposed acquisition of the BBH Investor Services business. In December 2020, the Federal Reserve issued results of 2020 resubmission stress tests and authorized us to continue to pay common stock dividends at current levels and to resume repurchasing common shares in the first quarter of 2021. In January 2021, our Board authorized a share repurchase program for the repurchase of up to $475 million of our common stock through March 31, 2021. In April 2021, our Board authorized a share repurchase program for the repurchase of up to $425 million of our common stock through June 30, 2021, consistent with the limit set by the Federal Reserve. In July 2021, our Board authorized a share repurchase program for the repurchase of up to $3.0 billion of our common stock through the end of 2022. In connection with our proposed acquisition of the BBH Investor Services business, we did not purchase any common stock during the last half of 2021, as well as during the first half of 2022. In June 2022, we announced our intention to resume our common share repurchases during the fourth quarter of 2022 in an amount reflecting interest rate levels and market conditions at that time. Additionally, in July 2022, we declared third quarter common stock dividends of $0.63 per share, representing a 10% increase on a per share basis from both the third quarter 2021 and second quarter of 2022. The table below presents the activity under our common share repurchase program for the periods indicated: Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 Shares Acquired Average Cost per Share Total Acquired Shares Acquired (In millions) Average Cost per Share Total Acquired (In millions) 5.0 $ 84.71 $ 425 11.2 $ 80.00 $ 900 The tables below present the dividends declared on common stock for the periods indicated: Three Months Ended June 30, 2022 2021 Dividends Declared per Share Total (In millions) Dividends Declared per Share Total (In millions) Common Stock $ 0.57 $ 210 $ 0.52 $ 179 Six Months Ended June 30, 2022 2021 Dividends Declared per Share Total (In millions) Dividends Declared per Share Total (In millions) Common Stock $ 1.14 $ 419 $ 1.04 $ 361 Accumulated Other Comprehensive Income (Loss) The following table presents the after-tax components of AOCI for the periods indicated: Six Months Ended June 30, (In millions) 2022 2021 Net unrealized gains (losses) on cash flow hedges $ (235) $ 53 Net unrealized gains (losses) on available-for-sale securities portfolio (2,954) 467 Net unrealized gains (losses) related to reclassified available-for-sale securities 860 (46) Net unrealized gains (losses) on available-for-sale securities (2,094) 421 Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges 253 (37) Net unrealized gains (losses) on hedges of net investments in non-U.S. subsidiaries 396 (93) Other-than-temporary impairment on held-to-maturity securities related to factors other than credit (1) (2) Net unrealized (losses) on retirement plans (115) (168) Foreign currency translation (1,891) (596) Total $ (3,687) $ (422) The following tables present changes in AOCI by component, net of related taxes, for the periods indicated: (In millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available-for-Sale Securities Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries Other-Than-Temporary Impairment on Held-to-Maturity Securities Net Unrealized Losses on Retirement Plans Foreign Currency Translation Total Balance as of December 31, 2021 $ (2) $ (48) $ 68 $ (2) $ (130) $ (1,019) $ (1,133) Other comprehensive income (loss) before reclassifications (211) (1,793) 328 1 (2) (872) (2,549) Amounts reclassified into (out of) accumulated other comprehensive loss (22) — — — 17 — (5) Other comprehensive income (loss) (233) (1,793) 328 1 15 (872) (2,554) Balance as of June 30, 2022 $ (235) $ (1,841) $ 396 $ (1) $ (115) $ (1,891) $ (3,687) (In millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available-for-Sale Securities Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries Other-Than-Temporary Impairment on Held-to-Maturity Securities Net Unrealized Losses on Retirement Plans Foreign Currency Translation Total Balance as of December 31, 2020 $ 57 $ 848 $ (204) $ (2) $ (178) $ (334) $ 187 Other comprehensive income (loss) before reclassifications 29 (464) 111 — — (262) (586) Amounts reclassified into (out of) accumulated other comprehensive loss (33) — — — 10 — (23) Other comprehensive income (loss) (4) (464) 111 — 10 (262) (609) Balance as of June 30, 2021 $ 53 $ 384 $ (93) $ (2) $ (168) $ (596) $ (422) The following tables present after-tax reclassifications into earnings for the periods indicated: Three Months Ended June 30, 2022 2021 (In millions) Amounts Reclassified (into) Affected Line Item in Consolidated Statement of Income Cash flow hedges: (Gain) reclassified from accumulated other comprehensive income into income, net of related taxes of $3 and $7, respectively $ (6) $ (18) Net interest income reclassified from other comprehensive income Retirement plans: Amortization of actuarial losses, net of related taxes of $1 and $1, respectively 2 2 Compensation and employee benefits expenses Total reclassifications into (out of) Accumulated other comprehensive loss $ (4) $ (16) Six Months Ended June 30, 2022 2021 (In millions) Amounts Reclassified (into) Affected Line Item in Consolidated Statement of Income Cash flow hedges: (Gain) reclassified from accumulated other comprehensive income into income, net of related taxes of $9 and $13, respectively $ (22) $ (33) Net interest income reclassified from other comprehensive income Retirement plans: Amortization of actuarial losses, net of related taxes of $7 and $4, respectively 17 10 Compensation and employee benefits expenses Total reclassifications into (out of) Accumulated other comprehensive loss $ (5) $ (23)

Regulatory Capital

Regulatory Capital	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Other Disclosure [Abstract]
Regulatory Capital	Regulatory Capital For additional information on our regulatory capital, including the regulatory capital requirements administered by federal banking agencies, which we are subject to, refer to pages 171 to 172 in Note 16 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. As of June 30, 2022, we and State Street Bank exceeded all regulatory capital adequacy requirements to which we were subject to. As of June 30, 2022, State Street Bank was categorized as “well capitalized” under the applicable regulatory capital adequacy framework, and exceeded all “well capitalized” ratio guidelines to which it was subject. Management believes that no conditions or events have occurred since June 30, 2022 that have changed the capital categorization of State Street Bank. The following table presents the regulatory capital structure, total RWA, related regulatory capital ratios and the minimum required regulatory capital ratios for us and State Street Bank as of the dates indicated. State Street Corporation State Street Bank (Dollars in millions) Basel III Advanced Approaches June 30, 2022 Basel III Standardized Approach June 30, 2022 Basel III Advanced Approaches December 31, 2021 Basel III Standardized Approach December 31, 2021 Basel III Advanced Approaches June 30, 2022 Basel III Standardized Approach June 30, 2022 Basel III Advanced Approaches December 31, 2021 Basel III Standardized Approach December 31, 2021 Common shareholders' equity: Common stock and related surplus $ 11,261 $ 11,261 $ 11,291 $ 11,291 $ 13,033 $ 13,033 $ 13,047 $ 13,047 Retained earnings 26,115 26,115 25,238 25,238 17,025 17,025 15,700 15,700 Accumulated other comprehensive income (loss) (3,687) (3,687) (1,133) (1,133) (3,410) (3,410) (926) (926) Treasury stock, at cost (9,898) (9,898) (10,009) (10,009) — — — — Total 23,791 23,791 25,387 25,387 26,648 26,648 27,821 27,821 Regulatory capital adjustments: Goodwill and other intangible assets, net of associated deferred tax liabilities (8,628) (8,628) (8,935) (8,935) (8,370) (8,370) (8,667) (8,667) Other adjustments (1) (281) (281) (505) (505) (104) (104) (309) (309) Common equity tier 1 capital 14,882 14,882 15,947 15,947 18,174 18,174 18,845 18,845 Preferred stock 1,976 1,976 1,976 1,976 — — — — Tier 1 capital 16,858 16,858 17,923 17,923 18,174 18,174 18,845 18,845 Qualifying subordinated long-term debt 1,381 1,381 1,588 1,588 545 545 752 752 Allowance for credit losses — 113 — 108 — 113 — 108 Total capital $ 18,239 $ 18,352 $ 19,511 $ 19,619 $ 18,719 $ 18,832 $ 19,597 $ 19,705 Risk-weighted assets: Credit risk (2) $ 63,259 $ 113,566 $ 63,735 $ 109,554 $ 56,041 $ 110,950 $ 57,405 $ 106,405 Operational risk (3) 45,350 NA 45,550 NA 42,700 NA 42,813 NA Market risk 1,838 1,838 2,113 2,113 1,838 1,838 2,113 2,113 Total risk-weighted assets $ 110,447 $ 115,404 $ 111,398 $ 111,667 $ 100,579 $ 112,788 $ 102,331 $ 108,518 Adjusted quarterly average assets $ 282,526 $ 282,526 $ 293,567 $ 293,567 $ 279,665 $ 279,665 $ 290,403 $ 290,403 Capital Ratios: 2022 Minimum Requirements (4) 2021 Minimum Requirements (4) Common equity tier 1 capital 8.0 % 8.0 % 13.5 % 12.9 % 14.3 % 14.3 % 18.1 % 16.1 % 18.4 % 17.4 % Tier 1 capital 9.5 9.5 15.3 14.6 16.1 16.1 18.1 16.1 18.4 17.4 Total capital 11.5 11.5 16.5 15.9 17.5 17.6 18.6 16.7 19.2 18.2 Tier 1 leverage 4.0 4.0 6.0 6.0 6.1 6.1 6.5 6.5 6.5 6.5 (1) Other adjustments within CET1 capital primarily include the overfunded portion of our defined benefit pension plan obligation net of associated deferred tax liabilities, disallowed deferred tax assets, and other required credit risk-based deductions. (2) Under the advanced approaches, credit risk RWA includes a CVA which reflects the risk of potential fair value adjustments for credit risk reflected in our valuation of OTC derivative contracts. We used a simple CVA approach in conformity with the Basel III advanced approaches. (3) Under the current advanced approaches rules and regulatory guidance concerning operational risk models, RWA attributable to operational risk can vary substantially from period-to-period, without direct correlation to the effects of a particular loss event on our results of operations and financial condition and impacting dates and periods that may differ from the dates and periods as of and during which the loss event is reflected in our financial statements, with the timing and categorization dependent on the processes for model updates and, if applicable, model revalidation and regulatory review and related supervisory processes. An individual loss event can have a significant effect on the output of our operational RWA under the advanced approaches depending on the severity of the loss event and its categorization among the seven Basel-defined UOMs. Minimum requirements include a CCB of 2.5% and a SCB of 2.5% for the advanced approaches and the standardized approach, respectively, a G-SIB surcharge of 1.0% and a countercyclical buffer of 0%. NA Not applicable

Net Interest Income

Net Interest Income	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Interest [Abstract]
Net Interest Income	Net Interest Income The following table presents the components of interest income and interest expense, and related NII, for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2022 2021 2022 2021 Interest income: Interest-bearing deposits with banks $ 70 $ (4) $ 79 $ (13) Investment securities: Investment securities available-for-sale 122 145 276 285 Investment securities held-to-maturity 230 163 401 343 Investment securities purchased under money market liquidity facility — — — 4 Total investment securities 352 308 677 632 Securities purchased under resale agreements 38 3 48 13 Loans 199 157 371 298 Other interest-earning assets 45 3 50 8 Total interest income 704 467 1,225 938 Interest expense: Interest-bearing deposits 23 (65) (40) (134) Short-term borrowings under money market liquidity facility — — — 4 Securities sold under repurchase agreements 3 — 3 — Other short-term borrowings 1 1 1 1 Long-term debt 72 54 137 114 Other interest-bearing liabilities 21 10 31 19 Total interest expense 120 — 132 4 Net interest income $ 584 $ 467 $ 1,093 $ 934

Expenses

Expenses	6 Months Ended
	Jun. 30, 2022
Other Expenses [Abstract]
Expenses	Expenses The following table presents the components of other expenses for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2022 2021 2022 2021 Professional services $ 84 $ 75 $ 181 $ 155 Sales advertising public relations 22 16 41 33 Regulatory fees and assessments 20 19 40 37 Securities processing 12 2 20 14 Bank operations 9 2 13 4 Insurance 2 3 6 6 Donations 7 — 13 Other 106 82 191 172 Total other expenses $ 262 $ 199 $ 505 $ 421 Acquisition Costs We recorded approximately $12 million and $21 million of acquisition costs in the three and six months ended June 30, 2022, respectively, related to our proposed acquisition of the BBH Investor Services business, compared to $11 million and $22 million of acquisition costs in the same periods of 2021, respectively, related to CRD. Restructuring and Repositioning Charges The following table presents aggregate activity for repositioning charges for the periods indicated: (In millions) Employee Real Estate Asset and Other Write-offs Total Accrual Balance at December 31, 2020 $ 190 $ 6 $ — $ 196 Accruals for Beacon (1) — — (1) Accruals for Repositioning Charges — 2 — 2 Payments and Other Adjustments (9) (2) — (11) Accrual Balance at March 31, 2021 180 6 — 186 Payments and Other Adjustments (34) — — (34) Accrual Balance at June 30, 2021 $ 146 $ 6 $ — $ 152 Accrual Balance at December 31, 2021 $ 68 $ 6 $ — $ 74 Payments and Other Adjustments (17) (1) — (18) Accrual Balance at March 31, 2022 51 $ 5 — 56 Payments and Other Adjustments (11) — — (11) Accrual Balance at June 30, 2022 $ 40 $ 5 $ — $ 45

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share For additional information on our earnings per share calculation methodologies, refer to page 179 in Note 23 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following table presents the computation of basic and diluted earnings per common share for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (Dollars in millions, except per share amounts) 2022 2021 2022 2021 Net income $ 747 $ 763 $ 1,351 $ 1,282 Less: Preferred stock dividends (35) (34) (55) (64) Dividends and undistributed earnings allocated to participating securities (1) — (1) (1) (1) Net income available to common shareholders $ 712 $ 728 $ 1,295 $ 1,217 Average common shares outstanding (In thousands): Basic average common shares 367,375 345,889 366,961 348,303 Effect of dilutive securities: equity-based awards 4,748 5,693 5,119 5,131 Diluted average common shares 372,123 351,582 372,080 353,434 Anti-dilutive securities (2) 1,990 176 741 192 Earnings per common share: Basic $ 1.94 $ 2.11 $ 3.53 $ 3.49 Diluted (3) 1.91 2.07 3.48 3.44 (1) Represents the portion of net income available to common equity allocated to participating securities, composed of unvested and fully vested SERP (Supplemental executive retirement plans) shares and fully vested deferred director stock awards, which are equity-based awards that contain non-forfeitable rights to dividends, and are considered to participate with the common stock in undistributed earnings. (2) Represents equity-based awards outstanding but not included in the computation of diluted average common shares, because their effect was anti-dilutive. Additional information about equity-based awards is provided on pages 173 and 175 in Note 18 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. (3) Calculations reflect allocation of earnings to participating securities using the two-class method, as this computation is more dilutive than the treasury stock method.

Line of Business Information

Line of Business Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Line of Business Information	Line of Business Information Our operations are organized into two lines of business: Investment Servicing and Investment Management, which are defined based on products and services provided. The results of operations for these lines of business are not necessarily comparable with those of other companies, including companies in the financial services industry. For information about our two lines of business, as well as revenues, expenses and capital allocation methodologies associated with them, refer to pages 179 to 181 in Note 24 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. The following tables summarize our line of business results for the periods indicated. The "Other" columns represent costs incurred that are not allocated to a specific line of business, certain employee costs, including certain severance and restructuring costs, acquisition costs and certain provisions for legal contingencies. Three Months Ended June 30, Investment Investment Other Total (Dollars in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Servicing fees $ 1,297 $ 1,394 $ — $ — $ — $ — $ 1,297 $ 1,394 Management fees — — 490 504 — — 490 504 Foreign exchange trading services 313 270 18 16 — — 331 286 Securities finance 102 106 5 3 — — 107 109 Software and processing fees 188 211 — — — — 188 211 Other fee revenue (12) 3 (31) 7 — — (43) 10 Total fee revenue 1,888 1,984 482 530 — — 2,370 2,514 Net interest income 588 468 (4) (1) — — 584 467 Total other income (1) — — — — 53 (1) 53 Total revenue 2,475 2,452 478 529 — 53 2,953 3,034 Provision for credit losses 10 (15) — — — — 10 (15) Total expenses 1,767 1,755 327 346 14 10 2,108 2,111 Income before income tax expense $ 698 $ 712 $ 151 $ 183 $ (14) $ 43 $ 835 $ 938 Pre-tax margin 28 % 29 % 32 % 35 % 28 % 31 % Six Months Ended June 30, Investment Investment Other Total (Dollars in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Servicing fees $ 2,665 $ 2,763 $ — $ — $ — $ — $ 2,665 $ 2,763 Management fees — — 1,010 997 — — 1,010 997 Foreign exchange trading services 655 603 35 29 — — 690 632 Securities finance 195 201 8 7 — — 203 208 Software and processing fees (1) 389 371 — — — — 389 371 Other fee revenue 34 17 (48) 9 — (14) 26 Total fee revenue 3,938 3,955 1,005 1,042 — — 4,943 4,997 Net interest income 1,097 941 (4) (7) — — 1,093 934 Total other income (2) — — — — 53 (2) 53 Total revenue 5,033 4,896 1,001 1,035 — 53 6,034 5,984 Provision for credit losses 10 (24) — — — — 10 (24) Total expenses 3,692 3,634 716 743 27 66 4,435 4,443 Income before income tax expense $ 1,331 $ 1,286 $ 285 $ 292 $ (27) $ (13) 1,589 $ 1,565 Pre-tax margin 26 % 26 % 28 % 28 % 26 % 26 %

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers For additional information on the nature of services and our revenue from contracts with customers, including revenues associated with both our Investment Servicing and Investment Management lines of business, refer to pages 181 to 183 in Note 25 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. Revenue by category In the following tables, revenue is disaggregated by our two lines of business and by revenue stream for which the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Three Months Ended June 30, 2022 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2022 Servicing fees $ 1,297 $ — $ 1,297 $ — $ — $ — $ — $ — $ — $ 1,297 Management fees — — — 490 — 490 — — — 490 Foreign exchange trading services 90 223 313 18 — 18 — — — 331 Securities finance 61 41 102 — 5 5 — — — 107 Software and processing fees 138 50 188 — — — — — 188 Other fee revenue — (12) (12) — (31) (31) — — — (43) Total fee revenue 1,586 302 1,888 508 (26) 482 — — — 2,370 Net interest income — 588 588 — (4) (4) — — — 584 Total other income — (1) (1) — — — — — — (1) Total revenue $ 1,586 $ 889 $ 2,475 $ 508 $ (30) $ 478 $ — $ — $ — $ 2,953 Six Months Ended June 30, 2022 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2022 Servicing fees $ 2,665 $ — $ 2,665 $ — $ — $ — $ — $ — $ — $ 2,665 Management fees — — — 1,010 — 1,010 — — — 1,010 Foreign exchange trading services 191 464 655 35 — 35 — — — 690 Securities finance 115 80 195 — 8 8 — — — 203 Software and processing fees 289 100 389 — — — — — — 389 Other fee revenue — 34 34 — (48) (48) — — — (14) Total fee revenue 3,260 678 3,938 1,045 (40) 1,005 — — — 4,943 Net interest income — 1,097 1,097 — (4) (4) — — — 1,093 Total other income — (2) (2) — — — — — — (2) Total revenue $ 3,260 $ 1,773 $ 5,033 $ 1,045 $ (44) $ 1,001 $ — $ — $ — $ 6,034 Three Months Ended June 30, 2021 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2021 Servicing fees $ 1,394 $ — $ 1,394 $ — $ — $ — $ — $ — $ — $ 1,394 Management fees — — — 504 — 504 — — — 504 Foreign exchange trading services 83 187 270 16 — 16 — — — 286 Securities finance 61 45 106 — 3 3 — — — 109 Software and processing fees 161 50 211 — — — — — — 211 Other fee revenue — 3 3 — 7 7 — — — 10 Total fee revenue 1,699 285 1,984 520 10 530 — — — 2,514 Net interest income — 468 468 — (1) (1) — — — 467 Total other income — — — — — — — 53 53 53 Total revenue $ 1,699 $ 753 $ 2,452 $ 520 $ 9 $ 529 $ — $ 53 $ 53 $ 3,034 Six Months Ended June 30, 2021 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2021 Servicing fees $ 2,763 $ — $ 2,763 $ — $ — $ — $ — $ — $ — $ 2,763 Management fees — — — 997 — 997 — — — 997 Foreign exchange trading services 178 425 603 29 — 29 — — — 632 Securities finance 121 80 201 — 7 7 — — — 208 Software and processing fees 271 100 371 — — — — — — 371 Other fee revenue — 17 17 — 9 9 — — — 26 Total fee revenue 3,333 622 3,955 1,026 16 1,042 — — — 4,997 Net interest income — 941 941 — (7) (7) — — — 934 Total other income — — — — — — — 53 53 53 Total revenue $ 3,333 $ 1,563 $ 4,896 $ 1,026 $ 9 $ 1,035 $ — $ 53 $ 53 $ 5,984 Contract balances and contract costs A s of June 30, 2022 and December 31, 2021, net receivables of $2.89 billion and $2.76 billion, respectively, are included in accrued interest and fees receivable, representing amounts billed or currently billable related to revenue from contracts with customers. As performance obligations are satisfied, we have an unconditional right to payment and billing is generally performed monthly or quarterly; therefore, we do not have significant contract assets or liabilities. No adjustments are made to the promised amount of consideration for the effects of a significant financing component as the period between when we transfer a promised service to a customer and when the customer pays for that service is expected to be one year or less.

Non-U.S. Activities

Non-U.S. Activities	6 Months Ended
	Jun. 30, 2022
Segments, Geographical Areas [Abstract]
Non-U.S. Activities	Non-U.S. Activities We define our non-U.S. activities as those revenue-producing business activities that arise from clients which are generally serviced or managed outside the U.S. Due to the integrated nature of our business, precise segregation of our U.S. and non-U.S. activities is not possible. Subjective estimates, assumptions and other judgments are applied to quantify the financial results and assets related to our non-U.S. activities, including our application of funds transfer pricing, our asset and liability management policies and our allocation of certain indirect corporate expenses. Management periodically reviews and updates its processes for quantifying the financial results and assets related to our non-U.S. activities. The following table presents our U.S. and non-U.S. financial results for the periods indicated: Three Months Ended June 30, 2022 2021 (In millions) Non-U.S. (1) U.S. Total Non-U.S. (1) U.S. Total Total revenue $ 1,336 $ 1,617 $ 2,953 $ 1,325 $ 1,709 $ 3,034 Income before income tax expense 407 428 835 396 542 938 Six Months Ended June 30, 2022 2021 (In millions) Non-U.S. (1) U.S. Total Non-U.S. (1) U.S. Total Total revenue $ 2,715 $ 3,319 $ 6,034 $ 2,670 $ 3,314 $ 5,984 Income before income tax expense 772 817 1,589 733 832 1,565 (1) Geographic mix is generally based on the domicile of the entity servicing the funds and is not necessarily representative of the underlying asset mix. Non-U.S. assets were $93.35 billion and $109.41 billion as of June 30, 2022 and 2021, respectively.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accounting and financial reporting policies of State Street Corporation conform to U.S. GAAP. State Street Corporation, the Parent Company, is a financial holding company headquartered in Boston, Massachusetts. Unless otherwise indicated or unless the context requires otherwise, all references in these notes to consolidated financial statements to “State Street,” “we,” “us,” “our” or similar references mean State Street Corporation and its subsidiaries on a consolidated basis, including our principal banking subsidiary, State Street Bank.
Consolidation	The consolidated financial statements accompanying these condensed notes are unaudited. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, which are necessary for a fair statement of the consolidated results of operations in these financial statements, have been made. Certain previously reported amounts presented in this Form 10-Q have been reclassified to conform to current-period presentation. Events occurring subsequent to the date of our consolidated statement of condition were evaluated for potential recognition or disclosure in our consolidated financial statements through the date we filed this Form 10-Q with the SEC.
Use of Estimates	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions in the application of certain of our significant accounting policies that may materially affect the reported amounts of assets, liabilities, equity, revenue and expenses. As a result of unanticipated events or circumstances, actual results could differ from those estimates. These accounting estimates reflect the best judgment of management, but actual results could differ. Our consolidated statement of condition as of December 31, 2021 included in the accompanying consolidated financial statements was derived from the audited financial statements as of that date, but does not include all notes required by U.S. GAAP for a complete set of consolidated financial statements.
Recent Accounting Developments	Recent Accounting Developments In March 2022, the SEC staff released Staff Accounting Bulletin No. 121 (SAB 121). SAB 121 expresses the views of the SEC staff regarding the accounting for obligations to safeguard crypto-assets. The guidance requires an entity that has obligations to safeguard crypto-assets held for their platform users to recognize a liability on its balance sheet, along with a corresponding asset, and provide extensive disclosures on the nature and amount of crypto-assets under custody. This guidance was adopted in the second quarter of 2022 and had no financial statement impact. We continue to evaluate the potential impact of the guidance on State Street Digital products and services currently in development. We did not adopt any other new accounting standards in the second quarter of 2022 that had a material impact to our financial statements. Relevant standards that were recently issued but not yet adopted Standard Description Date of Adoption Effects on the financial statements or other significant matters ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures The standard addresses two topics: 1) eliminates the accounting guidance for TDRs, now requiring an entity to determine whether a modification results in a new loan or a continuation of an existing loan, as well as expanding disclosures related to modifications and 2) requires disclosure of current period gross write-offs of financing receivables within the vintage disclosures table. January 1, 2023, early adoption permitted We do not expect the new standard to have a significant impact as, to date, no loans have been modified in troubled debt restructurings and write-offs of financing receivables are insignificant. ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method The standard makes targeted amendments to 1) expand the existing last-of-layer method to allow multiple hedging layers of a single closed portfolio (now renamed portfolio layer method), 2) expand the scope of the portfolio layer method to include nonprepayable financial assets, 3) clarify which hedging instruments are eligible for designation in a portfolio layer hedge, 4) provide additional guidance on the accounting for, and disclosure of, hedge basis adjustments that are applicable to the portfolio layer method and 5) define how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. January 1, 2023, early adoption permitted We are currently evaluating the impact of the new standard and the early adoption provisions.
Fair Value Measurements	Fair Value Measurements We carry trading account assets and liabilities, AFS debt securities, certain equity securities and various types of derivative financial instruments, at fair value in our consolidated statement of condition on a recurring basis. Changes in the fair values of these financial assets and liabilities are recorded either as components of our consolidated statement of income or as components of AOCI within shareholders' equity in our consolidated statement of condition. We measure fair value for the above-described financial assets and liabilities in conformity with U.S. GAAP that governs the measurement of the fair value of financial instruments. Management believes that its valuation techniques and underlying assumptions used to measure fair value conform to the provisions of U.S. GAAP. We categorize the financial assets and liabilities that we carry at fair value based on a prescribed three-level valuation hierarchy. For information about our valuation techniques for financial assets and financial liabilities measured at fair value and the fair value hierarchy, refer to pages 137 to 143 in Note 2 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K.

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables present information with respect to our financial assets and liabilities carried at fair value in our consolidated statement of condition on a recurring basis as of the dates indicated: Fair Value Measurements on a Recurring Basis As of June 30, 2022 (In millions) Quoted Market Pricing Methods Pricing Methods Impact of Netting (1) Total Net Assets: Trading account assets: U.S. government securities $ 39 $ — $ — $ 39 Non-U.S. government securities — 131 — 131 Other — 558 — 558 Total trading account assets 39 689 — 728 Available-for-sale investment securities: U.S. Treasury and federal agencies: Direct obligations 9,411 — — 9,411 Mortgage-backed securities — 10,271 — 10,271 Total U.S. Treasury and federal agencies 9,411 10,271 — 19,682 Non-U.S. debt securities: Mortgage-backed securities — 1,959 — 1,959 Asset-backed securities — 1,876 — 1,876 Non-U.S. sovereign, supranational and non-U.S. agency — 14,927 — 14,927 Other — 2,204 — 2,204 Total non-U.S. debt securities — 20,966 — 20,966 Asset-backed securities: Student loans — 150 — 150 Collateralized loan obligations — 2,334 — 2,334 Non-agency CMBS and RMBS (2) — 195 — 195 Other — 89 — 89 Total asset-backed securities — 2,768 — 2,768 State and political subdivisions — 1,034 — 1,034 Other U.S. debt securities — 1,004 — 1,004 Total available-for-sale investment securities 9,411 36,043 — 45,454 Other assets: Derivative instruments: Foreign exchange contracts 3 23,615 15 $ (14,168) 9,465 Interest rate contracts 11 — — — 11 Total derivative instruments 14 23,615 15 (14,168) 9,476 Other 12 621 — — 633 Total assets carried at fair value $ 9,476 $ 60,968 $ 15 $ (14,168) $ 56,291 Liabilities: Accrued expenses and other liabilities: Derivative instruments: Foreign exchange contracts $ 4 $ 23,017 $ 15 $ (17,100) $ 5,936 Interest rate contracts — — — — — Other derivative contracts — 272 — — 272 Total derivative instruments 4 23,289 15 (17,100) 6,208 Total liabilities carried at fair value $ 4 $ 23,289 $ 15 $ (17,100) $ 6,208 (1) Represents counterparty netting against level 2 financial assets and liabilities where a legally enforceable master netting agreement exists between us and the counterparty. Netting also reflects asset and liability reductions of $1.73 billion and $4.66 billion, respectively, for cash collateral received from and provided to derivative counterparties. (2) Consists entirely of non-agency CMBS. Fair Value Measurements on a Recurring Basis As of December 31, 2021 (In millions) Quoted Market Pricing Methods Pricing Methods Impact of Netting (1) Total Net Assets: Trading account assets: U.S. government securities $ 39 $ — $ — $ 39 Non-U.S. government securities — 134 — 134 Other — 585 — 585 Total trading account assets 39 719 — 758 Available-for-sale investment securities: U.S. Treasury and federal agencies: Direct obligations 17,939 — — 17,939 Mortgage-backed securities — 18,208 — 18,208 Total U.S. Treasury and federal agencies 17,939 18,208 — 36,147 Non-U.S. debt securities: Mortgage-backed securities — 1,995 — 1,995 Asset-backed securities — 2,087 — 2,087 Non-U.S. sovereign, supranational and non-U.S. agency — 23,547 — 23,547 Other — 3,098 — 3,098 Total non-U.S. debt securities — 30,727 — 30,727 Asset-backed securities: Student loans — 211 — 211 Collateralized loan obligations — 2,155 — 2,155 Non-agency CMBS and RMBS (2) — 52 — 52 Other — 91 — 91 Total asset-backed securities — 2,509 — 2,509 State and political subdivisions — 1,272 — 1,272 Other U.S. debt securities — 2,744 — 2,744 Total available-for-sale investment securities 17,939 55,460 — 73,399 Other assets: Derivative instruments: Foreign exchange contracts 2 15,183 — $ (11,079) 4,106 Interest rate contracts 2 — — — 2 Total derivative instruments 4 15,183 — (11,079) 4,108 Other — 667 — — 667 Total assets carried at fair value $ 17,982 $ 72,029 $ — $ (11,079) $ 78,932 Liabilities: Accrued expenses and other liabilities: Trading account liabilities: Derivative instruments: Foreign exchange contracts 1 15,824 — (10,395) 5,430 Other derivative contracts — 301 — — 301 Total derivative instruments 1 16,125 — (10,395) 5,731 Total liabilities carried at fair value $ 1 $ 16,125 $ — $ (10,395) $ 5,731 (1) Represents counterparty netting against level 2 financial assets and liabilities where a legally enforceable master netting agreement exists between us and the counterparty. Netting also reflects asset and liability reductions of $1.97 billion and $1.28 billion, respectively, for cash collateral received from and provided to derivative counterparties. (2) Consists entirely of non-agency CMBS.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables present activity related to our level 3 financial assets during the three and six months ended June 30, 2022 and 2021, respectively. Transfers into and out of level 3 are reported as of the beginning of the period presented. During both the three and six months ended June 30, 2022, there were no transfers into and out of level 3. During the three months ended June 30, 2021, there were no transfers into level 3. During the six months ended June 30, 2021, transfers into level 3 were primarily related to a U.S. corporate bond, for which fair value was measured using information obtained from third party sources, including non-binding broker/dealer quotes. During the three and six months ended June 30, 2021, transfers out of level 3 were primarily related to collateralized loan obligations and a U.S. corporate bond, for which fair value was measured using prices for which observable market information became available. Fair Value Measurements Using Significant Unobservable Inputs Three Months Ended June 30, 2022 Fair Value as of March 31, 2022 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of June 30, 2022 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded in Revenue (1) Recorded in Other Comprehensive Income (1) Assets: Other assets: Derivative instruments: Foreign exchange contracts $ 6 $ — $ — $ 9 $ — $ — $ — $ — $ 15 $ 2 Total derivative instruments 6 — — 9 — — — — 15 2 Total assets carried at fair value $ 6 $ — $ — $ 9 $ — $ — $ — $ — $ 15 $ 2 (1) Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Six Months Ended June 30, 2022 Fair Value as of December 31, 2021 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers into Level 3 Transfers out of Level 3 Fair Value as of June 30, 2022 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded in Revenue (1) Recorded in Other Comprehensive Income (1) Assets: Other assets: Derivative instruments: Foreign exchange contracts $ — $ 3 $ — $ 12 $ — $ — $ — $ — $ 15 $ 4 Total derivative instruments — 3 — 12 — — — — 15 4 Total assets carried at fair value $ — $ 3 $ — $ 12 $ — $ — $ — $ — $ 15 $ 4 (1) Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Three Months Ended June 30, 2021 Fair Value as of March 31, 2021 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers Transfers Fair Value as of June 30, 2021 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded (1) Recorded (1) Assets: Available-for-sale Investment securities: Asset-backed securities: Collateralized loan obligations $ 106 $ — $ — $ — $ — $ — $ — $ (106) $ — Total asset-backed securities 106 — — — — — — (106) — Other U.S. debt securities 15 — — — — — — (15) — Total available-for-sale investment securities 121 — — — — — — (121) — Other assets: Derivative instruments: Foreign exchange contracts 6 (5) — 2 — (1) — — 2 $ — Total derivative instruments 6 (5) — 2 — (1) — — 2 — Total assets carried at fair value $ 127 $ (5) $ — $ 2 $ — $ (1) $ — $ (121) $ 2 $ — ( 1) Total realized and unrealized gains (losses) on AFS investment securities are included within gains (losses) related to investment securities, net. Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services. Fair Value Measurements Using Significant Unobservable Inputs Six Months Ended June 30, 2021 Fair Value as of December 31, 2020 Total Realized and Unrealized Gains (Losses) (1) Purchases Sales Settlements Transfers Transfers Fair Value as of June 30, 2021 (1) Change in Unrealized Gains (Losses) Related to Financial Instruments (In millions) Recorded (1) Recorded (1) Assets: Available-for-sale Investment securities: Asset-backed securities: Collateralized loan obligations $ 14 $ — $ — $ 106 $ — $ — $ — $ (120) $ — Total asset-backed securities 14 — — 106 — — — (120) — Other U.S. debt securities — — — — — — 15 (15) — Total available-for-sale investment securities 14 — — 106 — — 15 (135) — Other assets: Derivative instruments: Foreign exchange contracts 2 (3) — 3 — — — — 2 $ (1) Total derivative instruments 2 (3) — 3 — — — — 2 (1) Total assets carried at fair value $ 16 $ (3) $ — $ 109 $ — $ — $ 15 $ (135) $ 2 $ (1) ( 1) Total realized and unrealized gains (losses) on AFS investment securities are included within gains (losses) related to investment securities, net. Total realized and unrealized gains (losses) on derivative instruments are included within foreign exchange trading services.
Fair Value Inputs, Quantitative Information	The following table presents quantitative information, as of the dates indicated, about the valuation techniques and significant unobservable inputs used in the valuation of our level 3 financial assets and liabilities measured at fair value on a recurring basis for which we use internally-developed pricing models. The significant unobservable inputs for our level 3 financial assets and liabilities whose fair value is measured using pricing information from non-binding broker/dealer quotes are not included in the table, as the specific inputs applied are not provided by the broker/dealer. Quantitative Information about Level 3 Fair Value Measurements Fair Value Range Weighted-Average (Dollars in millions) As of June 30, 2022 As of December 31, 2021 Valuation Technique Significant Unobservable Input (1) As of June 30, 2022 As of June 30, 2022 As of December 31, 2021 Significant unobservable inputs readily available to State Street: Assets: Derivative Instruments, foreign exchange contracts $ 15 $ — Option model Volatility 5.4 % - 19.8% 11.9 % 15.2 % Total $ 15 $ — Liabilities: Derivative instruments, foreign exchange contracts $ 15 $ — Option model Volatility 5.4 % - 19.7% 11.9 % 14.7 % Total $ 15 $ — (1) Significant changes in these unobservable inputs may result in significant changes in fair value measurement of the derivative instrument.
Carrying Value and Estimated Fair Value of Financial Instruments by Fair Value Hierarchy	The following tables present the reported amounts and estimated fair values of the financial assets and liabilities not carried at fair value, as they would be categorized within the fair value hierarchy, as of the dates indicated: Fair Value Hierarchy (In millions) Reported Amount Estimated Fair Value Quoted Market Prices in Active Markets (Level 1) Pricing Methods with Significant Observable Market Inputs (Level 2) Pricing Methods with Significant Unobservable Market Inputs (Level 3) June 30, 2022 Financial Assets: Cash and due from banks $ 3,515 3,515 $ 3,515 $ — $ — Interest-bearing deposits with banks 91,360 91,360 — 91,360 — Securities purchased under resale agreements 5,203 5,203 — 5,203 — Investment securities held-to-maturity 64,261 60,103 11,331 48,772 — Net loans (1) 33,470 33,209 — 31,009 2,200 Other (2) 1 1 — 1 — Financial Liabilities: Deposits: Non-interest-bearing $ 55,062 $ 55,062 $ — $ 55,062 $ — Interest-bearing - U.S. 107,262 107,262 — 107,262 — Interest-bearing - non-U.S. 79,589 79,589 — 79,589 — Securities sold under repurchase agreements 951 951 — 951 — Other short-term borrowings 73 73 — 73 — Long-term debt 13,530 12,771 — 12,633 138 Other (2) 1 1 — 1 — (1) Includes $155 million of loans classified as held-for-sale that were measured at fair value in level 2 as of June 30, 2022. (2) Represents a portion of underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge. Fair Value Hierarchy (In millions) Reported Amount Estimated Fair Value Quoted Market Prices in Active Markets (Level 1) Pricing Methods with Significant Observable Market Inputs (Level 2) Pricing Methods with Significant Unobservable Market Inputs (Level 3) December 31, 2021 Financial Assets: Cash and due from banks $ 3,631 $ 3,631 $ 3,631 $ — $ — Interest-bearing deposits with banks 106,358 106,358 — 106,358 — Securities purchased under resale agreements 3,012 3,012 — 3,012 — Investment securities held-to-maturity 42,430 42,271 2,160 40,111 — Net loans (1) 32,445 32,528 — 29,862 2,666 Other (2) 1 1 — 1 — Financial Liabilities: Deposits: Non-interest-bearing $ 56,461 $ 56,461 $ — $ 56,461 $ — Interest-bearing - U.S. 102,985 102,985 — 102,985 — Interest-bearing - non-U.S. 95,589 95,589 — 95,589 — Securities sold under repurchase agreements 1,575 1,575 — 1,575 — Other short-term borrowings 128 128 — 128 — Long-term debt 13,475 13,552 — 13,385 167 Other (2) 1 1 — 1 — (1) Includes $8 million of loans classified as held-for-sale that were measured at fair value in level 2 as of December 31, 2021. (2) Represents a portion of underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Marketable Securities	The following table presents the amortized cost, fair value and associated unrealized gains and losses of AFS and HTM investment securities as of the dates indicated: June 30, 2022 December 31, 2021 Amortized Cost Gross Unrealized Fair Value Amortized Cost Gross Unrealized Fair Value (In millions) Gains Losses Gains Losses Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 9,720 $ 12 $ 321 $ 9,411 $ 18,111 $ 24 $ 196 $ 17,939 Mortgage-backed securities 10,409 1 139 10,271 18,154 148 94 18,208 Total U.S. Treasury and federal agencies 20,129 13 460 19,682 36,265 172 290 36,147 Non-U.S. debt securities: Mortgage-backed securities 1,972 5 18 1,959 1,986 12 3 1,995 Asset-backed securities (1) 1,901 — 25 1,876 2,087 2 2 2,087 Non-U.S. sovereign, supranational and non-U.S. agency 15,300 1 374 14,927 23,533 114 100 23,547 Other (2) 2,358 — 154 2,204 3,113 17 32 3,098 Total non-U.S. debt securities 21,531 6 571 20,966 30,719 145 137 30,727 Asset-backed securities: Student loans (3) 152 — 2 150 209 2 — 211 Collateralized loan obligations (4) 2,378 — 43 2,334 2,155 2 2 2,155 Non-agency CMBS and RMBS (5) 200 — 5 195 52 — — 52 Other 90 — 1 89 90 1 — 91 Total asset-backed securities 2,820 — 51 2,768 2,506 5 2 2,509 State and political subdivisions 1,042 2 10 1,034 1,216 59 3 1,272 Other U.S. debt securities (6) 1,074 — 70 1,004 2,734 23 13 2,744 Total available-for-sale securities (7)(9) $ 46,596 $ 21 $ 1,162 $ 45,454 $ 73,440 $ 404 $ 445 $ 73,399 Held-to-maturity: U.S. Treasury and federal agencies: Direct obligations $ 11,424 $ — $ 75 $ 11,349 $ 2,170 $ 10 $ — $ 2,180 Mortgage-backed securities 41,660 2 3,854 37,808 33,481 362 578 33,265 Total U.S. Treasury and federal agencies 53,084 2 3,929 49,157 35,651 372 578 35,445 Non-U.S. debt securities: Non-U.S. sovereign, supranational and non-U.S. agency 6,443 5 133 6,315 1,564 — 9 1,555 Total non-U.S. debt securities 6,443 5 133 6,315 1,564 — 9 1,555 Asset-backed securities: Student loans (3) 4,468 1 124 4,345 4,908 48 14 4,942 Non-agency CMBS and RMBS (8) 266 20 — 286 307 22 — 329 Total asset-backed securities 4,734 21 124 4,631 5,215 70 14 5,271 Total held-to-maturity securities (7) $ 64,261 $ 28 $ 4,186 $ 60,103 $ 42,430 $ 442 $ 601 $ 42,271 (1) As of June 30, 2022 and December 31, 2021, the fair value includes non-U.S. collateralized loan obligations of $0.85 billion and $0.83 billion, respectively. (2) As of June 30, 2022 and December 31, 2021, the fair value includes non-U.S. corporate bonds of $1.10 billion and $1.53 billion, respectively. (3) Primarily comprised of securities guaranteed by the federal government with respect to at least 97% of defaulted principal and accrued interest on the underlying loans. (4) Excludes collateralized loan obligations in loan form. Refer to Note 4 for additional information. (5) Consists entirely of non-agency CMBS as of both June 30, 2022 and December 31, 2021. (6) As of June 30, 2022 and December 31, 2021, the fair value of U.S. corporate bonds was $1.00 billion and $2.44 billion, respectively. (7) An immaterial amount of accrued interest related to HTM and AFS investment securities was excluded from the amortized cost basis for the period ended June 30, 2022. (8) As of June 30, 2022 and December 31, 2021, the total amortized cost included $256 million and $292 million, respectively, of non-agency CMBS and $11 million and $14 million of non-agency RMBS, respectively.
Schedule of Gross Pre-tax Unrealized Losses on Investment Securities	The following tables present the aggregate fair values of AFS investment securities that have been in a continuous unrealized loss position for less than 12 months, and those that have been in a continuous unrealized loss position for 12 months or longer, as of the dates indicated: As of June 30, 2022 Less than 12 months 12 months or longer Total (In millions) Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 6,778 $ 283 $ 2,062 $ 38 $ 8,840 $ 321 Mortgage-backed securities 9,768 119 278 20 10,046 139 Total U.S. Treasury and federal agencies 16,546 402 2,340 58 18,886 460 Non-U.S. debt securities: Mortgage-backed securities 1,783 18 41 — 1,824 18 Asset-backed securities 1,637 23 166 2 1,803 25 Non-U.S. sovereign, supranational and non-U.S. agency 12,529 301 1,454 73 13,983 374 Other 1,423 87 637 67 2,060 154 Total non-U.S. debt securities 17,372 429 2,298 142 19,670 571 Asset-backed securities: Student loans 102 2 16 — 118 2 Collateralized loan obligations 1,902 36 433 7 2,335 43 Non-agency CMBS and RMBS 195 5 — — 195 5 Other 89 1 — — 89 1 Total asset-backed securities 2,288 44 449 7 2,737 51 State and political subdivisions 667 6 43 4 710 10 Other U.S. debt securities 763 48 238 22 1,001 70 Total $ 37,636 $ 929 $ 5,368 $ 233 $ 43,004 $ 1,162 As of December 31, 2021 Less than 12 months 12 months or longer Total (In millions) Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 14,749 $ 194 $ 1,624 $ 2 $ 16,373 $ 196 Mortgage-backed securities 10,417 80 369 14 10,786 94 Total U.S. Treasury and federal agencies 25,166 274 1,993 16 27,159 290 Non-U.S. debt securities: Mortgage-backed securities 577 3 30 — 607 3 Asset-backed securities 1,021 2 127 — 1,148 2 Non-U.S. sovereign, supranational and non-U.S. agency 10,406 97 63 3 10,469 100 Other 1,570 31 19 1 1,589 32 Total non-U.S. debt securities 13,574 133 239 4 13,813 137 Asset-backed securities: Collateralized loan obligations 1,268 2 — — 1,268 2 Total asset-backed securities 1,268 2 — — 1,268 2 State and political subdivisions 10 — 45 3 55 3 Other U.S. debt securities 1,214 13 — — 1,214 13 Total $ 41,232 $ 422 $ 2,277 $ 23 $ 43,509 $ 445
Investments Classified by Contractual Maturity Date	The following table presents the amortized cost and the fair value of contractual maturities of debt investment securities as of June 30, 2022. The maturities of certain ABS, MBS and collateralized mortgage obligations are based on expected principal payments. Actual maturities may differ from these expected maturities since certain borrowers have the right to prepay obligations with or without prepayment penalties. As of June 30, 2022 (In millions) Under 1 Year 1 to 5 Years 6 to 10 Years Over 10 Years Total Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Available-for-sale: U.S. Treasury and federal agencies: Direct obligations $ 2,049 $ 2,039 $ 7,112 $ 6,800 $ 559 $ 572 $ — $ — $ 9,720 $ 9,411 Mortgage-backed securities 56 56 549 548 7,862 7,793 1,942 1,874 10,409 10,271 Total U.S. Treasury and federal agencies 2,105 2,095 7,661 7,348 8,421 8,365 1,942 1,874 20,129 19,682 Non-U.S. debt securities: Mortgage-backed securities 174 174 388 386 28 27 1,382 1,372 1,972 1,959 Asset-backed securities 265 260 810 801 459 453 367 362 1,901 1,876 Non-U.S. sovereign, supranational and non-U.S. agency 3,345 3,335 9,142 8,800 2,813 2,792 — — 15,300 14,927 Other 267 266 1,940 1,812 122 103 29 23 2,358 2,204 Total non-U.S. debt securities 4,051 4,035 12,280 11,799 3,422 3,375 1,778 1,757 21,531 20,966 Asset-backed securities: Student loans 64 65 — — — — 88 85 152 150 Collateralized loan obligations 108 106 485 477 1,197 1,177 588 574 2,378 2,334 Non-agency CMBS and RMBS — — — — — — 200 195 200 195 Other — — 90 89 — — — — 90 89 Total asset-backed securities 172 171 575 566 1,197 1,177 876 854 2,820 2,768 State and political subdivisions 175 175 404 401 407 406 56 52 1,042 1,034 Other U.S. debt securities 62 61 997 928 15 15 — — 1,074 1,004 Total $ 6,565 $ 6,537 $ 21,917 $ 21,042 $ 13,462 $ 13,338 $ 4,652 $ 4,537 $ 46,596 $ 45,454 Held-to-maturity: U.S. Treasury and federal agencies: Direct obligations $ 400 $ 400 $ 10,985 $ 10,911 $ 24 $ 23 $ 15 $ 15 $ 11,424 $ 11,349 Mortgage-backed securities 157 151 556 540 4,706 4,141 36,241 32,976 41,660 37,808 Total U.S. Treasury and federal agencies 557 551 11,541 11,451 4,730 4,164 36,256 32,991 53,084 49,157 Non-U.S. debt securities: Non-U.S. sovereign, supranational and non-U.S. agency 546 543 5,303 5,186 594 586 — — 6,443 6,315 Total non-U.S. debt securities 546 543 5,303 5,186 594 586 — — 6,443 6,315 Asset-backed securities: Student loans 332 319 13 13 960 941 3,163 3,072 4,468 4,345 Non-agency CMBS and RMBS 181 188 11 12 — — 74 86 266 286 Total asset-backed securities 513 507 24 25 960 941 3,237 3,158 4,734 4,631 Total $ 1,616 $ 1,601 $ 16,868 $ 16,662 $ 6,284 $ 5,691 $ 39,493 $ 36,149 $ 64,261 $ 60,103

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Net Loans	The following table presents our recorded investment in loans, by segment, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Domestic (1) : Commercial and financial: Fund Finance (2) $ 12,363 $ 12,396 Leveraged loans 2,468 3,106 Overdrafts 2,220 1,796 Other (3) 1,968 2,262 Commercial real estate 2,682 2,554 Total domestic 21,701 22,114 Foreign (1) : Commercial and financial: Fund Finance (2) 8,131 7,778 Leveraged loans 1,123 1,328 Overdrafts 2,610 1,312 Total foreign 11,864 10,418 Total loans (2) 33,565 32,532 Allowance for credit losses (95) (87) Loans, net of allowance $ 33,470 $ 32,445 (1) Domestic and foreign categorization is based on the borrower’s country of domicile. (2) Fund finance loans include primarily $8.17 billion private equity capital call finance loans, $6.48 billion loans to real money funds, $4.11 billion collateralized loan obligations in loan form and $1.26 billion loans to business development companies as of June 30, 2022, compared to $9.15 billion private equity capital call finance loans, $6.40 billion loans to real money funds, $2.91 billion collateralized loan obligations in loan form and $1.39 billion loans to business development companies as of December 31, 2021. (3) Includes $1.53 billion securities finance loans, $420 million loans to municipalities and $21 million other loans as of June 30, 2022 and $1.78 billion securities finance loans, $455 million loans to municipalities and $23 million other loans as of December 31, 2021.
Recorded Investment in Each Class of Total Loans and Leases by Credit Quality Indicator	The following tables present our recorded loans to counterparties by risk rating, as noted above, as of the dates indicated: June 30, 2022 Commercial and Financial Commercial Real Estate Total Loans (In millions) Investment grade $ 26,549 $ 2,373 $ 28,922 Speculative 3,851 220 4,071 Special mention 162 89 251 Substandard 166 — 166 Total (1)(2) $ 30,728 $ 2,682 $ 33,410 December 31, 2021 Commercial and Financial Commercial Real Estate Total Loans (In millions) Investment grade $ 24,974 $ 2,222 $ 27,196 Speculative 4,714 270 4,984 Special mention 118 62 180 Substandard 164 — 164 Total (1)(2) $ 29,970 $ 2,554 $ 32,524 (1) Loans Include $4.83 billion and $3.11 billion of overdrafts as of June 30, 2022 and December 31, 2021, respectively. Overdrafts are short-term in nature and do not present a significant credit risk to us. As of June 30, 2022, $4.47 billion overdrafts were investment grade, $356 million overdrafts were speculative and $2 million were substandard. (2) Total does not include $155 million and $8 million of loans classified as held-for-sale as of June 30, 2022 and December 31, 2021, respectively. The following table presents the amortized cost basis, by year of origination and credit quality indicator, as of June 30, 2022. For origination years before the fifth annual period, we present the aggregate amortized cost basis of loans. For purchased loans, the date of issuance is used to determine the year of origination, not the date of acquisition. For modified, extended or renewed lending arrangements, we evaluate whether a credit event has occurred which would consider the loan to be a new arrangement. (In millions) 2022 2021 2020 2019 2018 Prior Revolving Loans Total (1) Domestic loans: Commercial and financial: Risk Rating: Investment grade $ 2,297 $ 185 $ 95 $ 341 $ — $ 12 $ 13,197 $ 16,127 Speculative 129 849 192 486 340 150 363 2,509 Special mention — 39 — 96 — 27 — 162 Substandard 2 — 5 70 45 6 — 128 Total commercial and financing $ 2,428 $ 1,073 $ 292 $ 993 $ 385 $ 195 $ 13,560 $ 18,926 Commercial real estate: Risk Rating: Investment grade $ 134 $ 612 $ 100 397 $ 657 $ 473 $ — $ 2,373 Speculative — — 49 124 19 28 — 220 Special mention — — — 49 40 — — 89 Total commercial real estate $ 134 $ 612 $ 149 $ 570 $ 716 $ 501 $ — $ 2,682 Non-U.S. loans: Commercial and financial: Risk Rating: Investment grade $ 3,505 $ 2,783 $ — $ — $ — $ — $ 4,134 $ 10,422 Speculative 350 513 122 180 99 65 13 1,342 Special mention — — — — — — — — Substandard — — — — 38 — — 38 Total commercial and financing $ 3,855 $ 3,296 $ 122 $ 180 $ 137 $ 65 $ 4,147 $ 11,802 Total loans (2) $ 6,417 $ 4,981 $ 563 $ 1,743 $ 1,238 $ 761 $ 17,707 $ 33,410 (1) Any reserve associated with accrued interest is not material. As of June 30, 2022, accrued interest receivable of $91 million included in the amortized cost basis of loans has been excluded from the amortized cost basis within this table. (2) Total does not include $155 million of loans classified as held-for-sale as of June 30, 2022. The following table presents the amortized cost basis, by year of origination and credit quality indicator as of December 31, 2021: (In millions) 2021 2020 2019 2018 2017 Prior Revolving Loans Total (1) Domestic loans: Commercial and financial: Risk Rating: Investment grade $ 1,988 $ 59 $ 347 $ 2 $ 37 $ — $ 13,591 $ 16,024 Speculative 1,096 351 706 425 350 7 343 3,278 Special mention — — 70 29 19 — — 118 Substandard — 5 71 56 8 — — 140 Total commercial and financing $ 3,084 $ 415 $ 1,194 $ 512 $ 414 $ 7 $ 13,934 $ 19,560 Commercial real estate: Risk Rating: Investment grade $ 580 $ 129 $ 383 $ 657 $ 276 $ 197 $ — $ 2,222 Speculative 24 49 149 20 — 28 — 270 Special mention — — 22 40 — — — 62 Total commercial real estate $ 604 $ 178 $ 554 $ 717 $ 276 $ 225 $ — $ 2,554 Non-U.S. loans: Commercial and financial: Risk Rating: Investment grade $ 4,087 $ — $ — $ — $ — $ — $ 4,863 $ 8,950 Speculative 561 201 264 204 120 31 55 1,436 Substandard — — — 24 — — — 24 Total commercial and financing $ 4,648 $ 201 $ 264 $ 228 $ 120 $ 31 $ 4,918 $ 10,410 Total loans (2) $ 8,336 $ 794 $ 2,012 $ 1,457 $ 810 $ 263 $ 18,852 $ 32,524 (1) Any reserve associated with accrued interest is not material. As of December 31, 2021, accrued interest receivable of $86 million included in the amortized cost basis of loans has been excluded from the amortized cost basis within this table. (2) Total does not include $8 million of loans classified as held-for-sale as of December 31, 2021.
Schedule of Activity in the Allowance for Loan Losses	The following tables present the activity in the allowance for credit losses by portfolio and class for the periods indicated: Three Months Ended June 30, 2022 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Available-for-sale Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 61 $ 11 $ 14 $ 2 $ 19 $ — $ 107 Charge-offs (3) — — — — — (3) Provision 11 (1) 2 — (2) — 10 Ending balance $ 69 $ 10 $ 16 $ 2 $ 17 $ — $ 114 (1) Includes $9 million allowance for credit losses on Fund Finance loans and $1 million on other loans. Six Months Ended June 30, 2022 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Available-for-sale Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 61 $ 12 $ 14 $ 2 $ 19 $ — $ 108 Charge-offs (4) — — — — — (4) Provision 12 (2) 2 — (2) — 10 Ending balance $ 69 $ 10 $ 16 $ 2 $ 17 $ — $ 114 (1) Includes $9 million allowance for credit losses on Fund Finance loans and $1 million on other loans. Three Months Ended June 30, 2021 Commercial and Financial (In millions) Leveraged Loans Other Loans (1) Commercial Real Estate Held-to-Maturity Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 92 $ 12 $ 14 $ 2 $ 15 $ — $ 135 Charge-offs (1) — — — — — (1) Provision (19) — — — 4 — (15) Foreign currency translation 2 — — — — — 2 Ending balance $ 74 $ 12 $ 14 $ 2 $ 19 $ — $ 121 (1) Includes $10 million allowance for credit losses on Fund Finance loans and $2 million on other loans. Six Months Ended June 30, 2021 Commercial and Financial (In millions) Leveraged Loans Other Loans Commercial Real Estate Held-to-Maturity Securities Off-Balance Sheet Commitments All Other Total Allowance for credit losses: Beginning balance $ 97 $ 17 $ 8 $ 3 $ 22 $ 1 $ 148 Charge-offs (1) (1) — — — — — (1) Provision (20) (5) 6 (1) (3) (1) (24) Foreign currency translation (2) — — — — — (2) Ending balance $ 74 $ 12 $ 14 $ 2 $ 19 $ — $ 121 (1) Includes $10 million allowance for credit losses on Fund Finance loans and $2 million on other loans.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill	The following table presents changes in the carrying amount of goodwill during the periods indicated: (In millions) Investment Investment Total Goodwill: Ending balance December 31, 2020 $ 7,413 $ 270 $ 7,683 Acquisitions (1) 66 — 66 Divestitures (2) (17) — (17) Foreign currency translation (108) (3) (111) Ending balance December 31, 2021 $ 7,354 $ 267 $ 7,621 Acquisitions 3 — 3 Foreign currency translation (155) (4) (159) Ending balance June 30, 2022 $ 7,202 $ 263 $ 7,465 (1) Investment Servicing includes our acquisitions of the depositary bank and fund administrator activities of Fideuram Bank Luxembourg, a subsidiary of Intesa Sanpaolo, in the first quarter of 2021, with a total purchase price of approximately EUR 220 million or approximately $258 million, and our acquisition of Mercatus, Inc. in the third quarter of 2021, with a total purchase price of approximately $88 million. We accounted for these acquisitions as business combinations and, in accordance with ASC Topic 805, Business Combinations, we have recorded assets acquired and liabilities assumed at their respective fair values as of the acquisition date. (2) In the second quarter of 2021, we sold a majority share of our WMS business.
Schedule of Finite-Lived Intangible Assets	The following table presents changes in the net carrying amount of other intangible assets during the periods indicated: (In millions) Investment Servicing Investment Total Other intangible assets: Ending balance December 31, 2020 $ 1,733 $ 94 $ 1,827 Acquisitions (1) 264 — 264 Amortization (221) (24) (245) Foreign currency translation (30) — (30) Ending balance December 31, 2021 1,746 70 1,816 Acquisitions — — — Amortization (110) (11) (121) Foreign currency translation (41) — (41) Ending balance June 30, 2022 $ 1,595 $ 59 $ 1,654 (1) Investment Servicing includes our acquisitions of the depositary bank and fund administrator activities of Fideuram Bank Luxembourg, a subsidiary of Intesa Sanpaolo, in the first quarter of 2021, with a total purchase price of approximately EUR 220 million or approximately $258 million, and our acquisition of Mercatus, Inc. in the third quarter of 2021, with a total purchase price of approximately $88 million. We accounted for these acquisitions as business combinations and, in accordance with ASC Topic 805, Business Combinations, we have recorded assets acquired and liabilities assumed at their respective fair values as of the acquisition date.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The following table presents the gross carrying amount, accumulated amortization and net carrying amount of other intangible assets by type as of the dates indicated: June 30, 2022 Gross Accumulated Net (In millions) Other intangible assets: Client relationships $ 2,710 $ (1,535) $ 1,175 Technology 401 (159) 242 Core deposits 679 (457) 222 Other 89 (74) 15 Total $ 3,879 $ (2,225) $ 1,654 December 31, 2021 Gross Accumulated Net (In millions) Other intangible assets: Client relationships $ 2,786 $ (1,497) $ 1,289 Technology 403 (142) 261 Core deposits 696 (451) 245 Other 96 (75) 21 Total $ 3,981 $ (2,165) $ 1,816

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
Components of Other Assets	The following table presents the components of other assets as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Securities borrowed (1) $ 18,194 $ 22,300 Derivative instruments, net 9,476 4,108 Bank-owned life insurance 3,605 3,554 Investments in joint ventures and other unconsolidated entities (2) 3,256 3,162 Collateral, net 1,691 1,011 Receivable for securities settlement 1,083 213 Deferred tax assets, net of valuation allowance (3) 1,027 254 Prepaid expenses 705 612 Right-of-use assets 501 542 Accounts receivable 464 236 Income taxes receivable 326 317 Deposits with clearing organizations 62 62 Other (4) 1,080 1,244 Total $ 41,470 $ 37,615 (1) Refer to Note 8, for further information on the impact of collateral on our financial statement presentation of securities borrowing and securities lending transactions. (2) Includes equity securities without readily determinable fair values that are accounted for under the ASC 321 measurement alternative of $177 million and $109 million as of June 30, 2022 and December 31, 2021, respectively. For the three months ended June 30, 2022, there were no upward adjustments resulting from observable prices changes were recognized in other fee revenue related to such equity securities (3) Deferred tax assets and liabilities recorded in our consolidated statement of condition are netted within the same tax jurisdiction. (4) Includes advances of $677 million and $544 million as of June 30, 2022 and December 31, 2021, respectively.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Positions	The following table presents the aggregate contractual, or notional, amounts of derivative financial instruments, including those entered into for trading and asset-and-liability management activities as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Interest rate contracts: Futures $ 4,783 $ 9,604 Foreign exchange contracts: Forward, swap and spot 2,190,465 2,569,449 Options purchased 1,255 328 Options written 874 210 Futures 1,662 2,359 Other: Stable value contracts (1) 33,121 32,868 Deferred value awards (2) 382 308 Derivatives designated as hedging instruments: Interest rate contracts: Swap agreements 24,066 15,100 Foreign exchange contracts: Forward and swap 7,826 6,700 (1) The notional value of the stable value contracts represents our maximum exposure. However, exposure to various stable value contracts is generally contractually limited to substantially lower amounts than the notional values. (2) Represents grants of deferred value awards to employees; refer to page 158 in Note 10 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K.
Schedule of Derivative Liabilities at Fair Value	The following table presents the fair value of derivative financial instruments, excluding the impact of master netting agreements, recorded in our consolidated statement of condition as of the dates indicated. The impact of master netting agreements is provided in Note 8. Derivative Assets (1) Derivative Liabilities (2) (In millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Foreign exchange contracts $ 23,415 $ 15,216 $ 23,031 $ 15,790 Other derivative contracts — — 272 301 Total $ 23,415 $ 15,216 $ 23,303 $ 16,091 Derivatives designated as hedging instruments: Foreign exchange contracts $ 218 $ 59 $ 5 $ 35 Interest rate contracts 11 2 — — Total $ 229 $ 61 $ 5 $ 35 (1) Derivative assets are included within other assets in our consolidated statement of condition. (2) Derivative liabilities are included within other liabilities in our consolidated statement of condition.
Schedule of Derivative Assets at Fair Value	The following table presents the fair value of derivative financial instruments, excluding the impact of master netting agreements, recorded in our consolidated statement of condition as of the dates indicated. The impact of master netting agreements is provided in Note 8. Derivative Assets (1) Derivative Liabilities (2) (In millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Foreign exchange contracts $ 23,415 $ 15,216 $ 23,031 $ 15,790 Other derivative contracts — — 272 301 Total $ 23,415 $ 15,216 $ 23,303 $ 16,091 Derivatives designated as hedging instruments: Foreign exchange contracts $ 218 $ 59 $ 5 $ 35 Interest rate contracts 11 2 — — Total $ 229 $ 61 $ 5 $ 35 (1) Derivative assets are included within other assets in our consolidated statement of condition. (2) Derivative liabilities are included within other liabilities in our consolidated statement of condition.
Impact of Derivative Financial Instruments On Statement of Income	The following table presents the impact of our use of derivative financial instruments on our consolidated statement of income for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Amount of Gain (Loss) on Derivative Recognized in Consolidated Statement of Income Derivatives not designated as hedging instruments: Foreign exchange contracts Foreign exchange trading services revenue $ 230 $ 188 $ 469 $ 431 Foreign exchange contracts Interest expense 3 16 16 37 Interest rate contracts Foreign exchange trading services revenue (6) 1 — 1 Other derivative contracts Compensation and employee benefits (10) (45) (64) (123) Total $ 217 $ 160 $ 421 $ 346 The following tables present the impact of our use of derivative financial instruments on our consolidated statement of income for the periods indicated: Three Months Ended June 30, Three Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Derivative in Consolidated Statement of Income Amount of Gain Hedged Item in Fair Value Hedging Relationship Location of Gain (Loss) on Hedged Item in Consolidated Statement of Income Amount of Gain Derivatives designated as fair value hedges: Interest rate contracts Net interest income $ 148 $ (23) Available-for-sale securities (1) Net interest income $ (149) $ 21 Interest rate contracts Net interest income (96) (7) Long-term debt Net interest income 96 7 Total $ 52 $ (30) $ (53) $ 28 Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Location of Gain (Loss) on Derivative in Consolidated Statement of Income Amount of Gain Hedged Item in Fair Value Hedging Relationship Location of Gain (Loss) on Hedged Item in Consolidated Statement of Income Amount of Gain Derivatives designated as fair value hedges: Interest rate contracts Net interest income $ 358 (6) Available-for-sale securities (2) Net interest income $ (360) $ 5 Interest rate contracts Net interest income (339) (19) Long-term debt Net interest income 339 18 Total $ 19 $ (25) $ (21) $ 23 (1) In the three months ended June 30, 2022, approximately $113 million of net unrealized gains on AFS investment securities designated in fair value hedges was recognized in OCI compared to $16 million of net unrealized losses in the same period in 2021. (2) In the six months ended June 30, 2022, approximately $270 million of net unrealized gains on AFS investment securities designated in fair value hedges was recognized in OCI compared to $4 million of net unrealized losses in the same period in 2021. Three Months Ended June 30, Three Months Ended June 30, 2022 2021 Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income 2022 2021 (In millions) Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Derivatives designated as cash flow hedges: Interest rate contracts (1) $ (92) $ 10 Net interest income $ 6 $ 22 Foreign exchange contracts 129 7 Net interest income 3 3 Total derivatives designated as cash flow hedges $ 37 $ 17 $ 9 $ 25 Derivatives designated as net investment hedges: Foreign exchange contracts $ 264 $ (24) Gains (Losses) related to investment securities, net $ — $ — Total derivatives designated as net investment hedges 264 (24) — — Total $ 301 $ (7) $ 9 $ 25 Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (In millions) Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Derivatives designated as cash flow hedges: Interest rate contracts $ (383) $ (6) Net interest income $ 25 $ 40 Foreign exchange contracts 176 $ 43 Net interest income 6 6 Total derivatives designated as cash flow hedges $ (207) $ 37 $ 31 $ 46 Derivatives designated as net investment hedges: Foreign exchange contracts $ 328 $ 111 Gains (losses) related to investment securities, net $ — $ — Total derivatives designated as net investment hedges 328 111 — — Total $ 121 $ 148 $ 31 $ 46 (1) As of June 30, 2022, the maximum maturity date of the underlying hedged items is approximately 4.3 years.
Schedule of Derivatives	The following table shows the carrying amount and associated cumulative basis adjustments related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships: June 30, 2022 Cumulative Fair Value Hedging Adjustment Increasing (Decreasing) the carrying amount (In millions) Carrying Amount of Hedged Assets/Liabilities Active De-designated (1) Long-term debt $ 10,271 $ (403) $ 436 Available-for-sale securities (2)(3) 11,289 (360) 14 December 31, 2021 Cumulative Fair Value Hedging Adjustment Increasing (Decreasing) the carrying amount (In millions) Carrying Amount of Hedged Assets/Liabilities Active De-designated (1) Long-term debt $ 9,026 $ (64) $ 514 Available-for-sale securities 3,551 — 24 (1) Represents hedged items no longer designated in qualifying fair value hedging relationships for which an associated basis adjustment exists at the balance sheet date. (2) Included in these amounts is the amortized cost of the prepayable financial assets designated in last-of-layer hedging relationships (hedged item is the last layer of a closed portfolio of prepayable financial assets expected to remain outstanding at the end of the hedging relationship). At June 30, 2022 and December 31, 2021, the amortized cost of the closed portfolios used in these hedging relationships was $221 million and zero, respectively, of which $68 million and zero, respectively, was designated in the last-of-layer hedging relationship. At June 30, 2022 and December 31, 2021 the cumulative adjustment associated with these hedging relationships was ($1) million and zero, respectively. (3) Carrying amount represents amortized cost.

Offsetting Arrangements (Tables

Offsetting Arrangements (Tables)	6 Months Ended
	Jun. 30, 2022
Offsetting [Abstract]
Offsetting Assets	The following tables present information about the offsetting of assets related to derivative contracts and secured financing transactions, as of the dates indicated: Assets: June 30, 2022 Gross Amounts of Recognized Assets (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Assets Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 23,633 $ (12,441) $ 11,192 $ — $ 11,192 Interest rate contracts (6) 11 — 11 — 11 Cash collateral and securities netting NA (1,727) (1,727) (1,034) (2,761) Total derivatives 23,644 (14,168) 9,476 (1,034) 8,442 Other financial instruments: Resale agreements and securities borrowing (7)(8) 100,778 (77,381) 23,397 (22,608) 789 Total derivatives and other financial instruments $ 124,422 $ (91,549) $ 32,873 $ (23,642) $ 9,231 Assets: December 31, 2021 Gross Amounts of Recognized Assets (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Assets Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 15,185 $ (9,113) $ 6,072 $ — $ 6,072 Interest rate contracts (6) 2 — 2 — 2 Cash collateral and securities netting NA (1,966) (1,966) (723) (2,689) Total derivatives 15,187 (11,079) 4,108 (723) 3,385 Other financial instruments: Resale agreements and securities borrowing (7)(8) 102,375 (77,063) 25,312 (25,096) 216 Total derivatives and other financial instruments $ 117,562 $ (88,142) $ 29,420 $ (25,819) $ 3,601 (1) Amounts include all transactions regardless of whether or not they are subject to an enforceable netting arrangement. (2) Refer to Note 1 and Note 2 for additional information about the measurement basis of derivative instruments. (3) Amounts subject to netting arrangements which have been determined to be legally enforceable and eligible for netting in the consolidated statement of condition. (4) Includes securities in connection with our securities borrowing transactions. (5) Includes amounts secured by collateral not determined to be subject to enforceable netting arrangements. (6) Variation margin payments presented as settlements rather than collateral. (7) Included in the $23.40 billion as of June 30, 2022 were $5.20 billion of resale agreements and $18.20 billion of collateral provided related to securities borrowing. Included in the $25.31 billion as of December 31, 2021 were $3.01 billion of resale agreements and $22.30 billion of collateral provided related to securities borrowing. Resale agreements and collateral provided related to securities borrowing were recorded in securities purchased under resale agreements and other assets, respectively, in our consolidated statement of condition. Refer to Note 9 for additional information with respect to principal securities finance transactions. (8) Offsetting of resale agreements primarily relates to our involvement in FICC, where we settle transactions on a net basis for payment and delivery through the Fedwire system. NA Not applicable
Offsetting Liabilities	The following tables present information about the offsetting of liabilities related to derivative contracts and secured financing transactions, as of the dates indicated: Liabilities: June 30, 2022 Gross Amounts of Recognized Liabilities (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Liabilities Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 23,036 $ (12,441) $ 10,595 $ — $ 10,595 Interest rate contracts (6) — — — — — Other derivative contracts 272 — 272 — 272 Cash collateral and securities netting NA (4,659) (4,659) (1,865) (6,524) Total derivatives 23,308 (17,100) 6,208 (1,865) 4,343 Other financial instruments: Repurchase agreements and securities lending (7)(8) 80,081 (77,381) 2,700 (1,782) 918 Total derivatives and other financial instruments $ 103,389 $ (94,481) $ 8,908 $ (3,647) $ 5,261 Liabilities: December 31, 2021 Gross Amounts of Recognized Liabilities (1)(2) Gross Amounts Offset in Statement of Condition (3) Net Amounts of Liabilities Presented in Statement of Condition Gross Amounts Not Offset in Statement of Condition (In millions) Cash and Securities Received (4) Net Amount (5) Derivatives: Foreign exchange contracts $ 15,825 $ (9,113) $ 6,712 $ — $ 6,712 Interest rate contracts (6) — — — — — Other derivative contracts 301 — 301 — 301 Cash collateral and securities netting NA (1,282) (1,282) (989) (2,271) Total derivatives 16,126 (10,395) 5,731 (989) 4,742 Other financial instruments: Repurchase agreements and securities lending (7)(8) 82,674 (77,063) 5,611 (4,066) 1,545 Total derivatives and other financial instruments $ 98,800 $ (87,458) $ 11,342 $ (5,055) $ 6,287 (1) Amounts include all transactions regardless of whether or not they are subject to an enforceable netting arrangement. (2) Refer to Note 1 and Note 2 for additional information about the measurement basis of derivative instruments. (3) Amounts subject to netting arrangements which have been determined to be legally enforceable and eligible for netting in the consolidated statement of condition. (4) Includes securities provided in connection with our securities lending transactions. (5) Includes amounts secured by collateral not determined to be subject to enforceable netting arrangements. (6) Variation margin payments presented as settlements rather than collateral. (7) Included in the $2.70 billion as of June 30, 2022 were $0.95 billion of repurchase agreements and $1.75 billion of collateral received related to securities lending transactions. Included in the $5.61 billion as of December 31, 2021 were $1.57 billion of repurchase agreements and $4.04 billion of collateral received related to securities lending transactions. Repurchase agreements and collateral received related to securities lending were recorded in securities sold under repurchase agreements and accrued expenses and other liabilities, respectively, in our consolidated statement of condition. Refer to Note 9 for additional information with respect to principal securities finance transactions. (8) Offsetting of repurchase agreements primarily relates to our involvement in FICC, where we settle transactions on a net basis for payment and delivery through the Fedwire system. NA Not applicable
Securities Sold and Securities Loaned Under Repurchase Agreements	The following table summarizes our repurchase agreements and securities lending transactions by category of collateral pledged and remaining maturity of these agreements, as of the periods indicated: As of June 30, 2022 As of December 31, 2021 (In millions) Overnight and Continuous Up to 30 Days 30-90 days Greater than 90 Days Total Overnight and Continuous Up to 30 Days 30-90 days Greater than 90 Days Total Repurchase agreements: U.S. Treasury and agency securities $ 75,758 $ — $ — $ — $ 75,758 $ 75,266 $ — $ — $ — $ 75,266 Total 75,758 — — — 75,758 75,266 — — — 75,266 Securities lending transactions: US Treasury and agency securities 3 — — — 3 — — — — — Corporate debt securities 46 — 5 — 51 92 — — — 92 Equity securities 3,502 33 25 708 4,268 5,964 24 11 1,316 7,315 Other (1) 1 — — — 1 1 — — — 1 Total 3,552 33 30 708 4,323 6,057 24 11 1,316 7,408 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 79,310 $ 33 $ 30 $ 708 $ 80,081 $ 81,323 $ 24 $ 11 $ 1,316 $ 82,674 (1) Represents a security interest in underlying client assets related to our enhanced custody business, which clients have allowed us to transfer and re-pledge.

Commitments and Guarantees (Tab

Commitments and Guarantees (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Guarantor Obligations	The following table presents the aggregate gross contractual amounts of our off-balance sheet commitments and guarantees, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Commitments: Unfunded credit facilities $ 32,939 $ 33,026 Guarantees (1) : Indemnified securities financing $ 345,237 $ 385,740 Standby letters of credit 2,542 3,237 (1) The potential losses associated with these guarantees equal the gross contractual amounts and do not consider the value of any collateral or reflect any participations to independent third parties.
Schedule of Repurchase Agreements	The following table summarizes the aggregate fair values of indemnified securities financing and related collateral, as well as collateral invested in indemnified repurchase agreements, as of the dates indicated: (In millions) June 30, 2022 December 31, 2021 Fair value of indemnified securities financing $ 345,237 $ 385,740 Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing 361,380 404,121 Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements 64,181 61,560 Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements 69,168 67,014

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Preferred Shares	The following table summarizes selected terms of each of the series of the preferred stock issued and outstanding as of June 30, 2022: Preferred Stock (1) : Issuance Date Depositary Shares Issued Amount outstanding (in millions) Ownership Interest Per Depositary Share Liquidation Preference Per Share Liquidation Preference Per Depositary Share Per Annum Dividend Rate Dividend Payment Frequency Carrying Value as of June 30, 2022 Redemption Date (2) Series D February 2014 30,000,000 $ 750 1/4,000th $ 100,000 $ 25 5.9% to but excluding March 15, 2024, then a floating rate equal to the three-month LIBOR plus 3.108% Quarterly $ 742 March 15, 2024 Series F (3) May 2015 250,000 250 1/100th 100,000 1,000 5.25% to but excluding September 15, 2020, then a floating rate equal to the three-month LIBOR plus 3.597%, or 5.426% effective June 15, 2022 Quarterly 247 September 15, 2020 Series G April 2016 20,000,000 500 1/4,000th 100,000 25 5.35% to but excluding March 15, 2026, then a floating rate equal to the three-month LIBOR plus 3.709% Quarterly 493 March 15, 2026 Series H September 2018 500,000 500 1/100th 100,000 1,000 5.625% to but excluding December 15, 2023, then a floating rate equal to the three-month LIBOR plus 2.539% Semi-annually 494 December 15, 2023 (1) The preferred stock and corresponding depositary shares may be redeemed at our option in whole, but not in part, prior to the redemption date upon the occurrence of a regulatory capital treatment event, as defined in the certificate of designation, at a redemption price equal to the liquidation price per share and liquidation price per depositary share plus any declared and unpaid dividends, without accumulation of any undeclared dividends. (2) On the redemption date, or any dividend payment date thereafter, the preferred stock and corresponding depositary shares may be redeemed by us, in whole or in part, at the liquidation price per share and liquidation price per depositary share plus any declared and unpaid dividends, without accumulation of any undeclared dividends.
Dividends Declared	The following tables present the dividends declared for each of the series of preferred stock issued and outstanding for the periods indicated: Three Months Ended June 30, 2022 2021 (Dollars in millions, except per share amounts) Dividends Declared per Share Dividends Declared per Depositary Share Total Dividends Declared per Share Dividends Declared per Depositary Share Total Preferred Stock: Series D $ 1,475 $ 0.37 $ 11 $ 1,475 $ 0.37 $ 11 Series F 1,130 11.30 3 966 9.66 2 Series G 1,338 0.33 7 1,338 0.33 7 Series H 2,813 28.13 14 2,813 28.13 14 Total $ 35 $ 34 Six Months Ended June 30, 2022 2021 (Dollars in millions, except per share amounts) Dividends Declared per Share Dividends Declared per Depositary Share Total Dividends Declared per Share Dividends Declared per Depositary Share Total Preferred Stock: Series D $ 2,950 $ 0.74 $ 22 $ 2,950 $ 0.74 $ 22 Series F 2,080 20.80 5 1,919 19.19 9 Series G 2,676 0.66 14 2,676 0.66 14 Series H 2,813 28.13 14 2,813 28.13 14 Total $ 55 $ 59 The tables below present the dividends declared on common stock for the periods indicated: Three Months Ended June 30, 2022 2021 Dividends Declared per Share Total (In millions) Dividends Declared per Share Total (In millions) Common Stock $ 0.57 $ 210 $ 0.52 $ 179 Six Months Ended June 30, 2022 2021 Dividends Declared per Share Total (In millions) Dividends Declared per Share Total (In millions) Common Stock $ 1.14 $ 419 $ 1.04 $ 361
Stock Repurchase Program	The table below presents the activity under our common share repurchase program for the periods indicated: Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 Shares Acquired Average Cost per Share Total Acquired Shares Acquired (In millions) Average Cost per Share Total Acquired (In millions) 5.0 $ 84.71 $ 425 11.2 $ 80.00 $ 900
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents the after-tax components of AOCI for the periods indicated: Six Months Ended June 30, (In millions) 2022 2021 Net unrealized gains (losses) on cash flow hedges $ (235) $ 53 Net unrealized gains (losses) on available-for-sale securities portfolio (2,954) 467 Net unrealized gains (losses) related to reclassified available-for-sale securities 860 (46) Net unrealized gains (losses) on available-for-sale securities (2,094) 421 Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges 253 (37) Net unrealized gains (losses) on hedges of net investments in non-U.S. subsidiaries 396 (93) Other-than-temporary impairment on held-to-maturity securities related to factors other than credit (1) (2) Net unrealized (losses) on retirement plans (115) (168) Foreign currency translation (1,891) (596) Total $ (3,687) $ (422) The following tables present changes in AOCI by component, net of related taxes, for the periods indicated: (In millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available-for-Sale Securities Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries Other-Than-Temporary Impairment on Held-to-Maturity Securities Net Unrealized Losses on Retirement Plans Foreign Currency Translation Total Balance as of December 31, 2021 $ (2) $ (48) $ 68 $ (2) $ (130) $ (1,019) $ (1,133) Other comprehensive income (loss) before reclassifications (211) (1,793) 328 1 (2) (872) (2,549) Amounts reclassified into (out of) accumulated other comprehensive loss (22) — — — 17 — (5) Other comprehensive income (loss) (233) (1,793) 328 1 15 (872) (2,554) Balance as of June 30, 2022 $ (235) $ (1,841) $ 396 $ (1) $ (115) $ (1,891) $ (3,687) (In millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available-for-Sale Securities Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries Other-Than-Temporary Impairment on Held-to-Maturity Securities Net Unrealized Losses on Retirement Plans Foreign Currency Translation Total Balance as of December 31, 2020 $ 57 $ 848 $ (204) $ (2) $ (178) $ (334) $ 187 Other comprehensive income (loss) before reclassifications 29 (464) 111 — — (262) (586) Amounts reclassified into (out of) accumulated other comprehensive loss (33) — — — 10 — (23) Other comprehensive income (loss) (4) (464) 111 — 10 (262) (609) Balance as of June 30, 2021 $ 53 $ 384 $ (93) $ (2) $ (168) $ (596) $ (422)
Schedule of Reclassifications Out of AOCI	The following tables present after-tax reclassifications into earnings for the periods indicated: Three Months Ended June 30, 2022 2021 (In millions) Amounts Reclassified (into) Affected Line Item in Consolidated Statement of Income Cash flow hedges: (Gain) reclassified from accumulated other comprehensive income into income, net of related taxes of $3 and $7, respectively $ (6) $ (18) Net interest income reclassified from other comprehensive income Retirement plans: Amortization of actuarial losses, net of related taxes of $1 and $1, respectively 2 2 Compensation and employee benefits expenses Total reclassifications into (out of) Accumulated other comprehensive loss $ (4) $ (16) Six Months Ended June 30, 2022 2021 (In millions) Amounts Reclassified (into) Affected Line Item in Consolidated Statement of Income Cash flow hedges: (Gain) reclassified from accumulated other comprehensive income into income, net of related taxes of $9 and $13, respectively $ (22) $ (33) Net interest income reclassified from other comprehensive income Retirement plans: Amortization of actuarial losses, net of related taxes of $7 and $4, respectively 17 10 Compensation and employee benefits expenses Total reclassifications into (out of) Accumulated other comprehensive loss $ (5) $ (23)

Regulatory Capital (Tables)

Regulatory Capital (Tables)	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Other Disclosure [Abstract]
Schedule of Regulatory Capital	The following table presents the regulatory capital structure, total RWA, related regulatory capital ratios and the minimum required regulatory capital ratios for us and State Street Bank as of the dates indicated. State Street Corporation State Street Bank (Dollars in millions) Basel III Advanced Approaches June 30, 2022 Basel III Standardized Approach June 30, 2022 Basel III Advanced Approaches December 31, 2021 Basel III Standardized Approach December 31, 2021 Basel III Advanced Approaches June 30, 2022 Basel III Standardized Approach June 30, 2022 Basel III Advanced Approaches December 31, 2021 Basel III Standardized Approach December 31, 2021 Common shareholders' equity: Common stock and related surplus $ 11,261 $ 11,261 $ 11,291 $ 11,291 $ 13,033 $ 13,033 $ 13,047 $ 13,047 Retained earnings 26,115 26,115 25,238 25,238 17,025 17,025 15,700 15,700 Accumulated other comprehensive income (loss) (3,687) (3,687) (1,133) (1,133) (3,410) (3,410) (926) (926) Treasury stock, at cost (9,898) (9,898) (10,009) (10,009) — — — — Total 23,791 23,791 25,387 25,387 26,648 26,648 27,821 27,821 Regulatory capital adjustments: Goodwill and other intangible assets, net of associated deferred tax liabilities (8,628) (8,628) (8,935) (8,935) (8,370) (8,370) (8,667) (8,667) Other adjustments (1) (281) (281) (505) (505) (104) (104) (309) (309) Common equity tier 1 capital 14,882 14,882 15,947 15,947 18,174 18,174 18,845 18,845 Preferred stock 1,976 1,976 1,976 1,976 — — — — Tier 1 capital 16,858 16,858 17,923 17,923 18,174 18,174 18,845 18,845 Qualifying subordinated long-term debt 1,381 1,381 1,588 1,588 545 545 752 752 Allowance for credit losses — 113 — 108 — 113 — 108 Total capital $ 18,239 $ 18,352 $ 19,511 $ 19,619 $ 18,719 $ 18,832 $ 19,597 $ 19,705 Risk-weighted assets: Credit risk (2) $ 63,259 $ 113,566 $ 63,735 $ 109,554 $ 56,041 $ 110,950 $ 57,405 $ 106,405 Operational risk (3) 45,350 NA 45,550 NA 42,700 NA 42,813 NA Market risk 1,838 1,838 2,113 2,113 1,838 1,838 2,113 2,113 Total risk-weighted assets $ 110,447 $ 115,404 $ 111,398 $ 111,667 $ 100,579 $ 112,788 $ 102,331 $ 108,518 Adjusted quarterly average assets $ 282,526 $ 282,526 $ 293,567 $ 293,567 $ 279,665 $ 279,665 $ 290,403 $ 290,403 Capital Ratios: 2022 Minimum Requirements (4) 2021 Minimum Requirements (4) Common equity tier 1 capital 8.0 % 8.0 % 13.5 % 12.9 % 14.3 % 14.3 % 18.1 % 16.1 % 18.4 % 17.4 % Tier 1 capital 9.5 9.5 15.3 14.6 16.1 16.1 18.1 16.1 18.4 17.4 Total capital 11.5 11.5 16.5 15.9 17.5 17.6 18.6 16.7 19.2 18.2 Tier 1 leverage 4.0 4.0 6.0 6.0 6.1 6.1 6.5 6.5 6.5 6.5 (1) Other adjustments within CET1 capital primarily include the overfunded portion of our defined benefit pension plan obligation net of associated deferred tax liabilities, disallowed deferred tax assets, and other required credit risk-based deductions. (2) Under the advanced approaches, credit risk RWA includes a CVA which reflects the risk of potential fair value adjustments for credit risk reflected in our valuation of OTC derivative contracts. We used a simple CVA approach in conformity with the Basel III advanced approaches. (3) Under the current advanced approaches rules and regulatory guidance concerning operational risk models, RWA attributable to operational risk can vary substantially from period-to-period, without direct correlation to the effects of a particular loss event on our results of operations and financial condition and impacting dates and periods that may differ from the dates and periods as of and during which the loss event is reflected in our financial statements, with the timing and categorization dependent on the processes for model updates and, if applicable, model revalidation and regulatory review and related supervisory processes. An individual loss event can have a significant effect on the output of our operational RWA under the advanced approaches depending on the severity of the loss event and its categorization among the seven Basel-defined UOMs. Minimum requirements include a CCB of 2.5% and a SCB of 2.5% for the advanced approaches and the standardized approach, respectively, a G-SIB surcharge of 1.0% and a countercyclical buffer of 0%. NA Not applicable

Net Interest Income (Tables)

Net Interest Income (Tables)	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Interest [Abstract]
Components of Interest Revenue and Interest Expense	The following table presents the components of interest income and interest expense, and related NII, for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2022 2021 2022 2021 Interest income: Interest-bearing deposits with banks $ 70 $ (4) $ 79 $ (13) Investment securities: Investment securities available-for-sale 122 145 276 285 Investment securities held-to-maturity 230 163 401 343 Investment securities purchased under money market liquidity facility — — — 4 Total investment securities 352 308 677 632 Securities purchased under resale agreements 38 3 48 13 Loans 199 157 371 298 Other interest-earning assets 45 3 50 8 Total interest income 704 467 1,225 938 Interest expense: Interest-bearing deposits 23 (65) (40) (134) Short-term borrowings under money market liquidity facility — — — 4 Securities sold under repurchase agreements 3 — 3 — Other short-term borrowings 1 1 1 1 Long-term debt 72 54 137 114 Other interest-bearing liabilities 21 10 31 19 Total interest expense 120 — 132 4 Net interest income $ 584 $ 467 $ 1,093 $ 934

Expenses (Tables)

Expenses (Tables)	6 Months Ended
	Jun. 30, 2022
Other Expenses [Abstract]
Schedule of Expenses	The following table presents the components of other expenses for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2022 2021 2022 2021 Professional services $ 84 $ 75 $ 181 $ 155 Sales advertising public relations 22 16 41 33 Regulatory fees and assessments 20 19 40 37 Securities processing 12 2 20 14 Bank operations 9 2 13 4 Insurance 2 3 6 6 Donations 7 — 13 Other 106 82 191 172 Total other expenses $ 262 $ 199 $ 505 $ 421
Restructuring and Related Costs	The following table presents aggregate activity for repositioning charges for the periods indicated: (In millions) Employee Real Estate Asset and Other Write-offs Total Accrual Balance at December 31, 2020 $ 190 $ 6 $ — $ 196 Accruals for Beacon (1) — — (1) Accruals for Repositioning Charges — 2 — 2 Payments and Other Adjustments (9) (2) — (11) Accrual Balance at March 31, 2021 180 6 — 186 Payments and Other Adjustments (34) — — (34) Accrual Balance at June 30, 2021 $ 146 $ 6 $ — $ 152 Accrual Balance at December 31, 2021 $ 68 $ 6 $ — $ 74 Payments and Other Adjustments (17) (1) — (18) Accrual Balance at March 31, 2022 51 $ 5 — 56 Payments and Other Adjustments (11) — — (11) Accrual Balance at June 30, 2022 $ 40 $ 5 $ — $ 45

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table presents the computation of basic and diluted earnings per common share for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (Dollars in millions, except per share amounts) 2022 2021 2022 2021 Net income $ 747 $ 763 $ 1,351 $ 1,282 Less: Preferred stock dividends (35) (34) (55) (64) Dividends and undistributed earnings allocated to participating securities (1) — (1) (1) (1) Net income available to common shareholders $ 712 $ 728 $ 1,295 $ 1,217 Average common shares outstanding (In thousands): Basic average common shares 367,375 345,889 366,961 348,303 Effect of dilutive securities: equity-based awards 4,748 5,693 5,119 5,131 Diluted average common shares 372,123 351,582 372,080 353,434 Anti-dilutive securities (2) 1,990 176 741 192 Earnings per common share: Basic $ 1.94 $ 2.11 $ 3.53 $ 3.49 Diluted (3) 1.91 2.07 3.48 3.44 (1) Represents the portion of net income available to common equity allocated to participating securities, composed of unvested and fully vested SERP (Supplemental executive retirement plans) shares and fully vested deferred director stock awards, which are equity-based awards that contain non-forfeitable rights to dividends, and are considered to participate with the common stock in undistributed earnings. (2) Represents equity-based awards outstanding but not included in the computation of diluted average common shares, because their effect was anti-dilutive. Additional information about equity-based awards is provided on pages 173 and 175 in Note 18 to the consolidated financial statements included under Item 8, Financial Statements and Supplementary Data, in our 2021 Form 10-K. (3) Calculations reflect allocation of earnings to participating securities using the two-class method, as this computation is more dilutive than the treasury stock method.

Line of Business Information (T

Line of Business Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Summary of Line of Business Results	The following tables summarize our line of business results for the periods indicated. The "Other" columns represent costs incurred that are not allocated to a specific line of business, certain employee costs, including certain severance and restructuring costs, acquisition costs and certain provisions for legal contingencies. Three Months Ended June 30, Investment Investment Other Total (Dollars in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Servicing fees $ 1,297 $ 1,394 $ — $ — $ — $ — $ 1,297 $ 1,394 Management fees — — 490 504 — — 490 504 Foreign exchange trading services 313 270 18 16 — — 331 286 Securities finance 102 106 5 3 — — 107 109 Software and processing fees 188 211 — — — — 188 211 Other fee revenue (12) 3 (31) 7 — — (43) 10 Total fee revenue 1,888 1,984 482 530 — — 2,370 2,514 Net interest income 588 468 (4) (1) — — 584 467 Total other income (1) — — — — 53 (1) 53 Total revenue 2,475 2,452 478 529 — 53 2,953 3,034 Provision for credit losses 10 (15) — — — — 10 (15) Total expenses 1,767 1,755 327 346 14 10 2,108 2,111 Income before income tax expense $ 698 $ 712 $ 151 $ 183 $ (14) $ 43 $ 835 $ 938 Pre-tax margin 28 % 29 % 32 % 35 % 28 % 31 % Six Months Ended June 30, Investment Investment Other Total (Dollars in millions) 2022 2021 2022 2021 2022 2021 2022 2021 Servicing fees $ 2,665 $ 2,763 $ — $ — $ — $ — $ 2,665 $ 2,763 Management fees — — 1,010 997 — — 1,010 997 Foreign exchange trading services 655 603 35 29 — — 690 632 Securities finance 195 201 8 7 — — 203 208 Software and processing fees (1) 389 371 — — — — 389 371 Other fee revenue 34 17 (48) 9 — (14) 26 Total fee revenue 3,938 3,955 1,005 1,042 — — 4,943 4,997 Net interest income 1,097 941 (4) (7) — — 1,093 934 Total other income (2) — — — — 53 (2) 53 Total revenue 5,033 4,896 1,001 1,035 — 53 6,034 5,984 Provision for credit losses 10 (24) — — — — 10 (24) Total expenses 3,692 3,634 716 743 27 66 4,435 4,443 Income before income tax expense $ 1,331 $ 1,286 $ 285 $ 292 $ (27) $ (13) 1,589 $ 1,565 Pre-tax margin 26 % 26 % 28 % 28 % 26 % 26 %

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	In the following tables, revenue is disaggregated by our two lines of business and by revenue stream for which the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Three Months Ended June 30, 2022 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2022 Servicing fees $ 1,297 $ — $ 1,297 $ — $ — $ — $ — $ — $ — $ 1,297 Management fees — — — 490 — 490 — — — 490 Foreign exchange trading services 90 223 313 18 — 18 — — — 331 Securities finance 61 41 102 — 5 5 — — — 107 Software and processing fees 138 50 188 — — — — — 188 Other fee revenue — (12) (12) — (31) (31) — — — (43) Total fee revenue 1,586 302 1,888 508 (26) 482 — — — 2,370 Net interest income — 588 588 — (4) (4) — — — 584 Total other income — (1) (1) — — — — — — (1) Total revenue $ 1,586 $ 889 $ 2,475 $ 508 $ (30) $ 478 $ — $ — $ — $ 2,953 Six Months Ended June 30, 2022 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2022 Servicing fees $ 2,665 $ — $ 2,665 $ — $ — $ — $ — $ — $ — $ 2,665 Management fees — — — 1,010 — 1,010 — — — 1,010 Foreign exchange trading services 191 464 655 35 — 35 — — — 690 Securities finance 115 80 195 — 8 8 — — — 203 Software and processing fees 289 100 389 — — — — — — 389 Other fee revenue — 34 34 — (48) (48) — — — (14) Total fee revenue 3,260 678 3,938 1,045 (40) 1,005 — — — 4,943 Net interest income — 1,097 1,097 — (4) (4) — — — 1,093 Total other income — (2) (2) — — — — — — (2) Total revenue $ 3,260 $ 1,773 $ 5,033 $ 1,045 $ (44) $ 1,001 $ — $ — $ — $ 6,034 Three Months Ended June 30, 2021 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2021 Servicing fees $ 1,394 $ — $ 1,394 $ — $ — $ — $ — $ — $ — $ 1,394 Management fees — — — 504 — 504 — — — 504 Foreign exchange trading services 83 187 270 16 — 16 — — — 286 Securities finance 61 45 106 — 3 3 — — — 109 Software and processing fees 161 50 211 — — — — — — 211 Other fee revenue — 3 3 — 7 7 — — — 10 Total fee revenue 1,699 285 1,984 520 10 530 — — — 2,514 Net interest income — 468 468 — (1) (1) — — — 467 Total other income — — — — — — — 53 53 53 Total revenue $ 1,699 $ 753 $ 2,452 $ 520 $ 9 $ 529 $ — $ 53 $ 53 $ 3,034 Six Months Ended June 30, 2021 Investment Servicing Investment Management Other Total (Dollars in millions) Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total Topic 606 revenue All other revenue Total 2021 Servicing fees $ 2,763 $ — $ 2,763 $ — $ — $ — $ — $ — $ — $ 2,763 Management fees — — — 997 — 997 — — — 997 Foreign exchange trading services 178 425 603 29 — 29 — — — 632 Securities finance 121 80 201 — 7 7 — — — 208 Software and processing fees 271 100 371 — — — — — — 371 Other fee revenue — 17 17 — 9 9 — — — 26 Total fee revenue 3,333 622 3,955 1,026 16 1,042 — — — 4,997 Net interest income — 941 941 — (7) (7) — — — 934 Total other income — — — — — — — 53 53 53 Total revenue $ 3,333 $ 1,563 $ 4,896 $ 1,026 $ 9 $ 1,035 $ — $ 53 $ 53 $ 5,984

Non-U.S. Activities (Tables)

Non-U.S. Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Segments, Geographical Areas [Abstract]
Schedule of Results from Non-U.S. Operations	The following table presents our U.S. and non-U.S. financial results for the periods indicated: Three Months Ended June 30, 2022 2021 (In millions) Non-U.S. (1) U.S. Total Non-U.S. (1) U.S. Total Total revenue $ 1,336 $ 1,617 $ 2,953 $ 1,325 $ 1,709 $ 3,034 Income before income tax expense 407 428 835 396 542 938 Six Months Ended June 30, 2022 2021 (In millions) Non-U.S. (1) U.S. Total Non-U.S. (1) U.S. Total Total revenue $ 2,715 $ 3,319 $ 6,034 $ 2,670 $ 3,314 $ 5,984 Income before income tax expense 772 817 1,589 733 832 1,565 (1) Geographic mix is generally based on the domicile of the entity servicing the funds and is not necessarily representative of the underlying asset mix.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) $ in Billions	1 Months Ended
	Sep. 30, 2021 USD ($)
BBH Investor Services
Business Acquisition [Line Items]
Payment for acquisition	$ 3.5

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value Measurements on a Recurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	$ 728	$ 758
Available-for-sale investment securities	45,454	73,399
Derivative instruments, net	9,476	4,108
Derivative asset, collateral, cash offset	1,727	1,966
Derivative liability, collateral, cash offset	4,659	1,282
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	728	758
Available-for-sale investment securities	45,454	73,399
Derivative asset, Impact of Netting	(14,168)	(11,079)
Derivative instruments, net	9,476	4,108
Other	633	667
Other assets - impact of netting	0	0
Total	56,291	78,932
Derivative liability, Impact of Netting	(17,100)	(10,395)
Derivative liabilities	6,208	5,731
Total liabilities carried at fair value	6,208	5,731
Recurring | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, Impact of Netting	(14,168)	(11,079)
Derivative instruments, net	9,465	4,106
Derivative liability, Impact of Netting	(17,100)	(10,395)
Derivative liabilities	5,936	5,430
Recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, Impact of Netting	0	0
Derivative instruments, net	11	2
Derivative liability, Impact of Netting	0
Derivative liabilities	0
Recurring | Other derivative contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, Impact of Netting	0	0
Derivative liabilities	272	301
Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	39	39
Recurring | Non-U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	131	134
Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	558	585
Available-for-sale investment securities	1,004	2,744
Recurring | Direct obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	9,411	17,939
Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	10,271	18,208
Recurring | Total U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	19,682	36,147
Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,959	1,995
Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,876	2,087
Recurring | Non-U.S. sovereign, supranational and non-U.S. agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	14,927	23,547
Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,204	3,098
Recurring | Total non-U.S. debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	20,966	30,727
Recurring | Student loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	150	211
Recurring | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,334	2,155
Recurring | Non-agency CMBS and RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	195	52
Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	89	91
Recurring | Total asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,768	2,509
Recurring | State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,034	1,272
Quoted Market Prices in Active Markets (Level 1) | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	39	39
Available-for-sale investment securities	9,411	17,939
Derivative asset	14	4
Other	12	0
Total	9,476	17,982
Derivative liability	4	1
Total liabilities carried at fair value	4	1
Quoted Market Prices in Active Markets (Level 1) | Recurring | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	3	2
Derivative liability	4	1
Quoted Market Prices in Active Markets (Level 1) | Recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	11	2
Derivative liability	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Other derivative contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	39	39
Quoted Market Prices in Active Markets (Level 1) | Recurring | Non-U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Direct obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	9,411	17,939
Quoted Market Prices in Active Markets (Level 1) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Total U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	9,411	17,939
Quoted Market Prices in Active Markets (Level 1) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Non-U.S. sovereign, supranational and non-U.S. agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Total non-U.S. debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Student loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Non-agency CMBS and RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | Total asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Quoted Market Prices in Active Markets (Level 1) | Recurring | State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	689	719
Available-for-sale investment securities	36,043	55,460
Derivative asset	23,615	15,183
Other	621	667
Total	60,968	72,029
Derivative liability	23,289	16,125
Total liabilities carried at fair value	23,289	16,125
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	23,615	15,183
Derivative liability	23,017	15,824
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	0	0
Derivative liability	0
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Other derivative contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	272	301
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Non-U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	131	134
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	558	585
Available-for-sale investment securities	1,004	2,744
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Direct obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	10,271	18,208
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Total U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	10,271	18,208
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,959	1,995
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,876	2,087
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Non-U.S. sovereign, supranational and non-U.S. agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	14,927	23,547
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,204	3,098
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Total non-U.S. debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	20,966	30,727
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Student loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	150	211
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,334	2,155
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Non-agency CMBS and RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	195	52
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	89	91
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | Total asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	2,768	2,509
Pricing Methods with Significant Observable Market Inputs (Level 2) | Recurring | State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	1,034	1,272
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Available-for-sale investment securities	0	0
Derivative asset	15	0
Other	0	0
Total	15	0
Derivative liability	15	0
Total liabilities carried at fair value	15	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Foreign exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	15	0
Derivative liability	15	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset	0	0
Derivative liability	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Other derivative contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Non-U.S. government securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading account assets	0	0
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Direct obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Total U.S. Treasury and federal agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Non-U.S. sovereign, supranational and non-U.S. agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Total non-U.S. debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Student loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Non-agency CMBS and RMBS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | Total asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Pricing Methods with Significant Unobservable Market Inputs (Level 3) | Recurring | State and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	$ 0	$ 0

Fair Value - Schedule of Fair_2

Fair Value - Schedule of Fair Value Measurements, Assets, Using Significant Unobservable Inputs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	$ 6	$ 127	$ 0	$ 16
Recorded in revenue	0	(5)	3	(3)
Recorded in other comprehensive income	0	0	0	0
Purchases	9	2	12	109
Sales	0	0	0	0
Settlements	0	(1)	0	0
Transfers into Level 3	0	0	0	15
Transfers out of Level 3	0	(121)	0	(135)
Fair value, end of period	15	2	15	2
Change in Unrealized Gains (Losses) Related to Financial Instruments Held as of June 30, 2022	2	0	4	(1)
Total derivative instruments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	6	6	0	2
Recorded in revenue	0	(5)	3	(3)
Recorded in other comprehensive income	0	0	0	0
Purchases	9	2	12	3
Sales	0	0	0	0
Settlements	0	(1)	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair value, end of period	15	2	15	2
Change in Unrealized Gains (Losses) Related to Financial Instruments Held as of June 30, 2022	2	0	4	(1)
Foreign exchange contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	6	6	0	2
Recorded in revenue	0	(5)	3	(3)
Recorded in other comprehensive income	0	0	0	0
Purchases	9	2	12	3
Sales	0	0	0	0
Settlements	0	(1)	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Fair value, end of period	15	2	15	2
Change in Unrealized Gains (Losses) Related to Financial Instruments Held as of June 30, 2022	$ 2	0	$ 4	(1)
Collateralized loan obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period		106		14
Recorded in revenue		0		0
Recorded in other comprehensive income		0		0
Purchases		0		106
Sales		0		0
Settlements		0		0
Transfers into Level 3		0		0
Transfers out of Level 3		(106)		(120)
Fair value, end of period		0		0
Total asset-backed securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period		106		14
Recorded in revenue		0		0
Recorded in other comprehensive income		0		0
Purchases		0		106
Sales		0		0
Settlements		0		0
Transfers into Level 3		0		0
Transfers out of Level 3		(106)		(120)
Fair value, end of period		0		0
Other U.S. debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period		15		0
Recorded in revenue		0		0
Recorded in other comprehensive income		0		0
Purchases		0		0
Sales		0		0
Settlements		0		0
Transfers into Level 3		0		15
Transfers out of Level 3		(15)		(15)
Fair value, end of period		0		0
Available-for-sale securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period		121		14
Recorded in revenue		0		0
Recorded in other comprehensive income		0		0
Purchases		0		106
Sales		0		0
Settlements		0		0
Transfers into Level 3		0		15
Transfers out of Level 3		(121)		(135)
Fair value, end of period		$ 0		$ 0

Fair Value - Fair Value Inputs,

Fair Value - Fair Value Inputs, Assets and Liabilities, Quantitative Information (Details) - Pricing Methods with Significant Unobservable Market Inputs (Level 3) $ in Millions	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Volatility | Option model | Derivative instruments, liabilities | Minimum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative liability, measurement input	0.054
Volatility | Option model | Derivative instruments, liabilities | Maximum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative liability, measurement input	0.197
Volatility | Option model | Derivative instruments, liabilities | Weighted average
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative liability, measurement input	0.119	0.147
Volatility | Option model | Total derivative instruments | Minimum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative asset, measurement input	0.054
Volatility | Option model | Total derivative instruments | Maximum
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative asset, measurement input	0.198
Volatility | Option model | Total derivative instruments | Weighted average
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative asset, measurement input	0.119	0.152
Significant Unobservable Inputs Readily Available
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Total	$ 15	$ 0
Total liabilities carried at fair value	15	0
Significant Unobservable Inputs Readily Available | Derivative instruments, liabilities
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative instruments, foreign exchange contracts	15	0
Significant Unobservable Inputs Readily Available | Total derivative instruments
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Derivative Instruments, foreign exchange contracts	$ 15	$ 0

Fair Value - Carrying Value and

Fair Value - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financial Assets:
Cash and due from banks	$ 3,515	$ 3,631
Interest-bearing deposits with banks	91,360	106,358
Securities purchased under resale agreements	5,203	3,012
Investment securities held-to-maturity	60,103	42,271
Financial Liabilities:
Non-interest-bearing	55,062	56,461
Interest-bearing - U.S.	107,262	102,985
Interest-bearing - non-U.S.	79,589	95,589
Securities sold under repurchase agreements	951	1,575
Other short-term borrowings	73	128
Pricing Methods with Significant Observable Market Inputs (Level 2)
Financial Liabilities:
Net loans (excluding leases)	155	8
Reported Amount
Financial Assets:
Cash and due from banks	3,515	3,631
Interest-bearing deposits with banks	91,360	106,358
Securities purchased under resale agreements	5,203	3,012
Investment securities held-to-maturity	64,261	42,430
Net loans	33,470	32,445
Other	1	1
Financial Liabilities:
Non-interest-bearing	55,062	56,461
Interest-bearing - U.S.	107,262	102,985
Interest-bearing - non-U.S.	79,589	95,589
Securities sold under repurchase agreements	951	1,575
Other short-term borrowings	73	128
Long-term debt	13,530	13,475
Other	1	1
Estimated Fair Value
Financial Assets:
Cash and due from banks	3,515	3,631
Interest-bearing deposits with banks	91,360	106,358
Securities purchased under resale agreements	5,203	3,012
Investment securities held-to-maturity	60,103	42,271
Net loans	33,209	32,528
Other	1	1
Financial Liabilities:
Non-interest-bearing	55,062	56,461
Interest-bearing - U.S.	107,262	102,985
Interest-bearing - non-U.S.	79,589	95,589
Securities sold under repurchase agreements	951	1,575
Other short-term borrowings	73	128
Long-term debt	12,771	13,552
Other	1	1
Estimated Fair Value | Quoted Market Prices in Active Markets (Level 1)
Financial Assets:
Cash and due from banks	3,515	3,631
Interest-bearing deposits with banks	0	0
Securities purchased under resale agreements	0	0
Investment securities held-to-maturity	11,331	2,160
Net loans	0	0
Other	0	0
Financial Liabilities:
Non-interest-bearing	0	0
Interest-bearing - U.S.	0	0
Interest-bearing - non-U.S.	0	0
Securities sold under repurchase agreements	0	0
Other short-term borrowings	0	0
Long-term debt	0	0
Other	0	0
Estimated Fair Value | Pricing Methods with Significant Observable Market Inputs (Level 2)
Financial Assets:
Cash and due from banks	0	0
Interest-bearing deposits with banks	91,360	106,358
Securities purchased under resale agreements	5,203	3,012
Investment securities held-to-maturity	48,772	40,111
Net loans	31,009	29,862
Other	1	1
Financial Liabilities:
Non-interest-bearing	55,062	56,461
Interest-bearing - U.S.	107,262	102,985
Interest-bearing - non-U.S.	79,589	95,589
Securities sold under repurchase agreements	951	1,575
Other short-term borrowings	73	128
Long-term debt	12,633	13,385
Other	1	1
Estimated Fair Value | Pricing Methods with Significant Unobservable Market Inputs (Level 3)
Financial Assets:
Cash and due from banks	0	0
Interest-bearing deposits with banks	0	0
Securities purchased under resale agreements	0	0
Investment securities held-to-maturity	0	0
Net loans	2,200	2,666
Other	0	0
Financial Liabilities:
Non-interest-bearing	0	0
Interest-bearing - U.S.	0	0
Interest-bearing - non-U.S.	0	0
Securities sold under repurchase agreements	0	0
Other short-term borrowings	0	0
Long-term debt	138	167
Other	$ 0	$ 0

Fair Value - Narrative (Details

Fair Value - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Pricing Methods with Significant Observable Market Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net loans (excluding leases)	$ 155	$ 8

Investment Securities - Schedul

Investment Securities - Schedule of Marketable Securities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	$ 46,596	$ 73,440
Available for sale, gross unrealized gains	21	404
Available for sale, gross unrealized losses	1,162	445
Available-for-sale, fair value	45,454	73,399
Held to maturity, amortized cost	64,261	42,430
Investment securities held-to-maturity	60,103	42,271
Allowance for credit losses on available-for-sale securities	2	2
Direct obligations
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	9,720	18,111
Available for sale, gross unrealized gains	12	24
Available for sale, gross unrealized losses	321	196
Available-for-sale, fair value	9,411	17,939
Held to maturity, amortized cost	11,424	2,170
Held to maturity, gross unrealized gains	0	10
Held to maturity, gross unrealized losses	75	0
Investment securities held-to-maturity	11,349	2,180
Mortgage-backed securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	10,409	18,154
Available for sale, gross unrealized gains	1	148
Available for sale, gross unrealized losses	139	94
Available-for-sale, fair value	10,271	18,208
Held to maturity, amortized cost	41,660	33,481
Held to maturity, gross unrealized gains	2	362
Held to maturity, gross unrealized losses	3,854	578
Investment securities held-to-maturity	37,808	33,265
Total U.S. Treasury and federal agencies
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	20,129	36,265
Available for sale, gross unrealized gains	13	172
Available for sale, gross unrealized losses	460	290
Available-for-sale, fair value	19,682	36,147
Held to maturity, amortized cost	53,084	35,651
Held to maturity, gross unrealized gains	2	372
Held to maturity, gross unrealized losses	3,929	578
Investment securities held-to-maturity	49,157	35,445
Mortgage-backed securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	1,972	1,986
Available for sale, gross unrealized gains	5	12
Available for sale, gross unrealized losses	18	3
Available-for-sale, fair value	1,959	1,995
Asset-backed securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	1,901	2,087
Available for sale, gross unrealized gains	0	2
Available for sale, gross unrealized losses	25	2
Available-for-sale, fair value	1,876	2,087
Non-U.S. sovereign, supranational and non-U.S. agency
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	15,300	23,533
Available for sale, gross unrealized gains	1	114
Available for sale, gross unrealized losses	374	100
Available-for-sale, fair value	14,927	23,547
Held to maturity, amortized cost	6,443	1,564
Held to maturity, gross unrealized gains	5	0
Held to maturity, gross unrealized losses	133	9
Investment securities held-to-maturity	6,315	1,555
Other
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	2,358	3,113
Available for sale, gross unrealized gains	0	17
Available for sale, gross unrealized losses	154	32
Available-for-sale, fair value	2,204	3,098
Total non-U.S. debt securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	21,531	30,719
Available for sale, gross unrealized gains	6	145
Available for sale, gross unrealized losses	571	137
Available-for-sale, fair value	20,966	30,727
Held to maturity, amortized cost	6,443	1,564
Held to maturity, gross unrealized gains	5	0
Held to maturity, gross unrealized losses	133	9
Investment securities held-to-maturity	6,315	1,555
Student loans
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	152	209
Available for sale, gross unrealized gains	0	2
Available for sale, gross unrealized losses	2	0
Available-for-sale, fair value	150	211
Held to maturity, amortized cost	4,468	4,908
Held to maturity, gross unrealized gains	1	48
Held to maturity, gross unrealized losses	124	14
Investment securities held-to-maturity	4,345	4,942
Collateralized loan obligations
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	2,378	2,155
Available for sale, gross unrealized gains	0	2
Available for sale, gross unrealized losses	43	2
Available-for-sale, fair value	2,334	2,155
Non-agency CMBS and RMBS
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	200	52
Available for sale, gross unrealized gains	0	0
Available for sale, gross unrealized losses	5	0
Available-for-sale, fair value	195	52
Held to maturity, amortized cost	266	307
Held to maturity, gross unrealized gains	20	22
Held to maturity, gross unrealized losses	0	0
Investment securities held-to-maturity	286	329
Other
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	90	90
Available for sale, gross unrealized gains	0	1
Available for sale, gross unrealized losses	1	0
Available-for-sale, fair value	89	91
Total asset-backed securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	2,820	2,506
Available for sale, gross unrealized gains	0	5
Available for sale, gross unrealized losses	51	2
Available-for-sale, fair value	2,768	2,509
Held to maturity, amortized cost	4,734	5,215
Held to maturity, gross unrealized gains	21	70
Held to maturity, gross unrealized losses	124	14
Investment securities held-to-maturity	4,631	5,271
State and political subdivisions
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	1,042	1,216
Available for sale, gross unrealized gains	2	59
Available for sale, gross unrealized losses	10	3
Available-for-sale, fair value	1,034	1,272
Other U.S. debt securities
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	1,074	2,734
Available for sale, gross unrealized gains	0	23
Available for sale, gross unrealized losses	70	13
Available-for-sale, fair value	1,004	2,744
Including MMLF
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Held to maturity, amortized cost	64,261	42,430
Held to maturity, gross unrealized gains	28	442
Held to maturity, gross unrealized losses	4,186	601
Investment securities held-to-maturity	60,103	42,271
Non-US collateralized loan obligations
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	850	830
Non-U.S. debt securities, corporate bonds
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	$ 1,100	1,530
Federal family education loan program
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Federal government credit support guarantee, percentage minimum	97%
US debt securities, corporate bonds
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Available for sale, amortized cost	$ 1,000	2,440
Non-agency CMBS
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Held to maturity, amortized cost	256	292
Non-agency RMBS
Available-For-Sale and Held-To-Maturity-Securities [Line Items]
Held to maturity, amortized cost	$ 11	$ 14

Investment Securities - Narrati

Investment Securities - Narrative (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Percentage of investment portfolio considered investment grade	99%	99%
Allowance for credit losses on HTM investment securities	$ 0	$ 0	$ 0
Allowance for credit losses on available-for-sale securities	2,000,000	2,000,000	2,000,000
AFS securities writeoff	0
Marketable securities, unrealized gain (loss)		$ (5,350,000,000)
Number of securities in loss position | security		2,050
Agency MBS transferred to HTM	64,261,000,000	$ 64,261,000,000	42,430,000,000
Available-for-sale securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Provision	0
Held-to-maturity securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
AFS transferred to HTM	21,230,000,000
Net unrealized loss, AFS to HTM transfer	1,290,000,000
Asset pledged as collateral
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Debt securities	$ 74,570,000,000	$ 74,570,000,000	$ 80,810,000,000

Investment Securities - Sched_2

Investment Securities - Schedule of Gross Pre-Tax Unrealized Losses on Investment Securities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	$ 37,636	$ 41,232
Available for sale, gross unrealized losses less than 12 months	929	422
Available for sale, fair value 12 months or longer	5,368	2,277
Available for sale, gross unrealized losses 12 months or longer	233	23
Available for sale, fair value total	43,004	43,509
Available for sale, gross unrealized losses total	1,162	445
Direct obligations
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	6,778	14,749
Available for sale, gross unrealized losses less than 12 months	283	194
Available for sale, fair value 12 months or longer	2,062	1,624
Available for sale, gross unrealized losses 12 months or longer	38	2
Available for sale, fair value total	8,840	16,373
Available for sale, gross unrealized losses total	321	196
Mortgage-backed securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	9,768	10,417
Available for sale, gross unrealized losses less than 12 months	119	80
Available for sale, fair value 12 months or longer	278	369
Available for sale, gross unrealized losses 12 months or longer	20	14
Available for sale, fair value total	10,046	10,786
Available for sale, gross unrealized losses total	139	94
Total U.S. Treasury and federal agencies
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	16,546	25,166
Available for sale, gross unrealized losses less than 12 months	402	274
Available for sale, fair value 12 months or longer	2,340	1,993
Available for sale, gross unrealized losses 12 months or longer	58	16
Available for sale, fair value total	18,886	27,159
Available for sale, gross unrealized losses total	460	290
Mortgage-backed securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	1,783	577
Available for sale, gross unrealized losses less than 12 months	18	3
Available for sale, fair value 12 months or longer	41	30
Available for sale, gross unrealized losses 12 months or longer	0	0
Available for sale, fair value total	1,824	607
Available for sale, gross unrealized losses total	18	3
Asset-backed securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	1,637	1,021
Available for sale, gross unrealized losses less than 12 months	23	2
Available for sale, fair value 12 months or longer	166	127
Available for sale, gross unrealized losses 12 months or longer	2	0
Available for sale, fair value total	1,803	1,148
Available for sale, gross unrealized losses total	25	2
Non-U.S. sovereign, supranational and non-U.S. agency
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	12,529	10,406
Available for sale, gross unrealized losses less than 12 months	301	97
Available for sale, fair value 12 months or longer	1,454	63
Available for sale, gross unrealized losses 12 months or longer	73	3
Available for sale, fair value total	13,983	10,469
Available for sale, gross unrealized losses total	374	100
Other
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	1,423	1,570
Available for sale, gross unrealized losses less than 12 months	87	31
Available for sale, fair value 12 months or longer	637	19
Available for sale, gross unrealized losses 12 months or longer	67	1
Available for sale, fair value total	2,060	1,589
Available for sale, gross unrealized losses total	154	32
Total non-U.S. debt securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	17,372	13,574
Available for sale, gross unrealized losses less than 12 months	429	133
Available for sale, fair value 12 months or longer	2,298	239
Available for sale, gross unrealized losses 12 months or longer	142	4
Available for sale, fair value total	19,670	13,813
Available for sale, gross unrealized losses total	571	137
Student loans
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	102
Available for sale, gross unrealized losses less than 12 months	2
Available for sale, fair value 12 months or longer	16
Available for sale, gross unrealized losses 12 months or longer	0
Available for sale, fair value total	118
Available for sale, gross unrealized losses total	2
Collateralized loan obligations
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	1,902	1,268
Available for sale, gross unrealized losses less than 12 months	36	2
Available for sale, fair value 12 months or longer	433	0
Available for sale, gross unrealized losses 12 months or longer	7	0
Available for sale, fair value total	2,335	1,268
Available for sale, gross unrealized losses total	43	2
Non-agency CMBS and RMBS
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	195
Available for sale, gross unrealized losses less than 12 months	5
Available for sale, fair value 12 months or longer	0
Available for sale, gross unrealized losses 12 months or longer	0
Available for sale, fair value total	195
Available for sale, gross unrealized losses total	5
Other
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	89
Available for sale, gross unrealized losses less than 12 months	1
Available for sale, fair value 12 months or longer	0
Available for sale, gross unrealized losses 12 months or longer	0
Available for sale, fair value total	89
Available for sale, gross unrealized losses total	1
Total asset-backed securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	2,288	1,268
Available for sale, gross unrealized losses less than 12 months	44	2
Available for sale, fair value 12 months or longer	449	0
Available for sale, gross unrealized losses 12 months or longer	7	0
Available for sale, fair value total	2,737	1,268
Available for sale, gross unrealized losses total	51	2
State and political subdivisions
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	667	10
Available for sale, gross unrealized losses less than 12 months	6	0
Available for sale, fair value 12 months or longer	43	45
Available for sale, gross unrealized losses 12 months or longer	4	3
Available for sale, fair value total	710	55
Available for sale, gross unrealized losses total	10	3
Other U.S. debt securities
Gross Pre-Tax Unrealized Losses On Investment Securities [Line Items]
Available for sale, fair value less than 12 months	763	1,214
Available for sale, gross unrealized losses less than 12 months	48	13
Available for sale, fair value 12 months or longer	238	0
Available for sale, gross unrealized losses 12 months or longer	22	0
Available for sale, fair value total	1,001	1,214
Available for sale, gross unrealized losses total	$ 70	$ 13

Investment Securities - Sched_3

Investment Securities - Schedule of Contractual Maturities of Debt Securities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	$ 6,565
Available for sale, under 1 year, fair value	6,537
Available for sale, 1 to 5 years, amortized cost	21,917
Available for sale, 1 to 5 years, fair value	21,042
Available for sale, 6 to 10 years, amortized cost	13,462
Available for sale, 6 to 10 years, fair value	13,338
Available for sale, over 10 years, amortized cost	4,652
Available for sale, over 10 years, fair value	4,537
Available for sale, amortized cost	46,596	$ 73,440
Available for sale, fair value	45,454	73,399
Held to maturity, amortized cost	64,261	42,430
Investment securities held-to-maturity	60,103	42,271
Direct obligations
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	2,049
Available for sale, under 1 year, fair value	2,039
Available for sale, 1 to 5 years, amortized cost	7,112
Available for sale, 1 to 5 years, fair value	6,800
Available for sale, 6 to 10 years, amortized cost	559
Available for sale, 6 to 10 years, fair value	572
Available for sale, over 10 years, amortized cost	0
Available for sale, over 10 years, fair value	0
Available for sale, amortized cost	9,720	18,111
Available for sale, fair value	9,411	17,939
Held to maturity, under 1 year, amortized cost	400
Held to maturity, under 1 year, fair value	400
Held to maturity, 1 to 5 years, amortized cost	10,985
Held to maturity, 1 to 5 years, fair value	10,911
Held to maturity, 6 to 10 years, amortized cost	24
Held to maturity, 6 to 10 years, fair value	23
Held to maturity, over 10 years, amortized cost	15
Held to maturity, over 10 years, fair value	15
Held to maturity, amortized cost	11,424	2,170
Investment securities held-to-maturity	11,349	2,180
Mortgage-backed securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	56
Available for sale, under 1 year, fair value	56
Available for sale, 1 to 5 years, amortized cost	549
Available for sale, 1 to 5 years, fair value	548
Available for sale, 6 to 10 years, amortized cost	7,862
Available for sale, 6 to 10 years, fair value	7,793
Available for sale, over 10 years, amortized cost	1,942
Available for sale, over 10 years, fair value	1,874
Available for sale, amortized cost	10,409	18,154
Available for sale, fair value	10,271	18,208
Held to maturity, under 1 year, amortized cost	157
Held to maturity, under 1 year, fair value	151
Held to maturity, 1 to 5 years, amortized cost	556
Held to maturity, 1 to 5 years, fair value	540
Held to maturity, 6 to 10 years, amortized cost	4,706
Held to maturity, 6 to 10 years, fair value	4,141
Held to maturity, over 10 years, amortized cost	36,241
Held to maturity, over 10 years, fair value	32,976
Held to maturity, amortized cost	41,660	33,481
Investment securities held-to-maturity	37,808	33,265
Total U.S. Treasury and federal agencies
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	2,105
Available for sale, under 1 year, fair value	2,095
Available for sale, 1 to 5 years, amortized cost	7,661
Available for sale, 1 to 5 years, fair value	7,348
Available for sale, 6 to 10 years, amortized cost	8,421
Available for sale, 6 to 10 years, fair value	8,365
Available for sale, over 10 years, amortized cost	1,942
Available for sale, over 10 years, fair value	1,874
Available for sale, amortized cost	20,129	36,265
Available for sale, fair value	19,682	36,147
Held to maturity, under 1 year, amortized cost	557
Held to maturity, under 1 year, fair value	551
Held to maturity, 1 to 5 years, amortized cost	11,541
Held to maturity, 1 to 5 years, fair value	11,451
Held to maturity, 6 to 10 years, amortized cost	4,730
Held to maturity, 6 to 10 years, fair value	4,164
Held to maturity, over 10 years, amortized cost	36,256
Held to maturity, over 10 years, fair value	32,991
Held to maturity, amortized cost	53,084	35,651
Investment securities held-to-maturity	49,157	35,445
Mortgage-backed securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	174
Available for sale, under 1 year, fair value	174
Available for sale, 1 to 5 years, amortized cost	388
Available for sale, 1 to 5 years, fair value	386
Available for sale, 6 to 10 years, amortized cost	28
Available for sale, 6 to 10 years, fair value	27
Available for sale, over 10 years, amortized cost	1,382
Available for sale, over 10 years, fair value	1,372
Available for sale, amortized cost	1,972	1,986
Available for sale, fair value	1,959	1,995
Asset-backed securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	265
Available for sale, under 1 year, fair value	260
Available for sale, 1 to 5 years, amortized cost	810
Available for sale, 1 to 5 years, fair value	801
Available for sale, 6 to 10 years, amortized cost	459
Available for sale, 6 to 10 years, fair value	453
Available for sale, over 10 years, amortized cost	367
Available for sale, over 10 years, fair value	362
Available for sale, amortized cost	1,901	2,087
Available for sale, fair value	1,876	2,087
Non-U.S. sovereign, supranational and non-U.S. agency
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	3,345
Available for sale, under 1 year, fair value	3,335
Available for sale, 1 to 5 years, amortized cost	9,142
Available for sale, 1 to 5 years, fair value	8,800
Available for sale, 6 to 10 years, amortized cost	2,813
Available for sale, 6 to 10 years, fair value	2,792
Available for sale, over 10 years, amortized cost	0
Available for sale, over 10 years, fair value	0
Available for sale, amortized cost	15,300	23,533
Available for sale, fair value	14,927	23,547
Held to maturity, under 1 year, amortized cost	546
Held to maturity, under 1 year, fair value	543
Held to maturity, 1 to 5 years, amortized cost	5,303
Held to maturity, 1 to 5 years, fair value	5,186
Held to maturity, 6 to 10 years, amortized cost	594
Held to maturity, 6 to 10 years, fair value	586
Held to maturity, over 10 years, amortized cost	0
Held to maturity, over 10 years, fair value	0
Held to maturity, amortized cost	6,443	1,564
Investment securities held-to-maturity	6,315	1,555
Other
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	267
Available for sale, under 1 year, fair value	266
Available for sale, 1 to 5 years, amortized cost	1,940
Available for sale, 1 to 5 years, fair value	1,812
Available for sale, 6 to 10 years, amortized cost	122
Available for sale, 6 to 10 years, fair value	103
Available for sale, over 10 years, amortized cost	29
Available for sale, over 10 years, fair value	23
Available for sale, amortized cost	2,358	3,113
Available for sale, fair value	2,204	3,098
Total non-U.S. debt securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	4,051
Available for sale, under 1 year, fair value	4,035
Available for sale, 1 to 5 years, amortized cost	12,280
Available for sale, 1 to 5 years, fair value	11,799
Available for sale, 6 to 10 years, amortized cost	3,422
Available for sale, 6 to 10 years, fair value	3,375
Available for sale, over 10 years, amortized cost	1,778
Available for sale, over 10 years, fair value	1,757
Available for sale, amortized cost	21,531	30,719
Available for sale, fair value	20,966	30,727
Held to maturity, under 1 year, amortized cost	546
Held to maturity, under 1 year, fair value	543
Held to maturity, 1 to 5 years, amortized cost	5,303
Held to maturity, 1 to 5 years, fair value	5,186
Held to maturity, 6 to 10 years, amortized cost	594
Held to maturity, 6 to 10 years, fair value	586
Held to maturity, over 10 years, amortized cost	0
Held to maturity, over 10 years, fair value	0
Held to maturity, amortized cost	6,443	1,564
Investment securities held-to-maturity	6,315	1,555
Student loans
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	64
Available for sale, under 1 year, fair value	65
Available for sale, 1 to 5 years, amortized cost	0
Available for sale, 1 to 5 years, fair value	0
Available for sale, 6 to 10 years, amortized cost	0
Available for sale, 6 to 10 years, fair value	0
Available for sale, over 10 years, amortized cost	88
Available for sale, over 10 years, fair value	85
Available for sale, amortized cost	152	209
Available for sale, fair value	150	211
Held to maturity, under 1 year, amortized cost	332
Held to maturity, under 1 year, fair value	319
Held to maturity, 1 to 5 years, amortized cost	13
Held to maturity, 1 to 5 years, fair value	13
Held to maturity, 6 to 10 years, amortized cost	960
Held to maturity, 6 to 10 years, fair value	941
Held to maturity, over 10 years, amortized cost	3,163
Held to maturity, over 10 years, fair value	3,072
Held to maturity, amortized cost	4,468	4,908
Investment securities held-to-maturity	4,345	4,942
Collateralized loan obligations
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	108
Available for sale, under 1 year, fair value	106
Available for sale, 1 to 5 years, amortized cost	485
Available for sale, 1 to 5 years, fair value	477
Available for sale, 6 to 10 years, amortized cost	1,197
Available for sale, 6 to 10 years, fair value	1,177
Available for sale, over 10 years, amortized cost	588
Available for sale, over 10 years, fair value	574
Available for sale, amortized cost	2,378	2,155
Available for sale, fair value	2,334	2,155
Non-agency CMBS and RMBS
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	0
Available for sale, under 1 year, fair value	0
Available for sale, 1 to 5 years, amortized cost	0
Available for sale, 1 to 5 years, fair value	0
Available for sale, 6 to 10 years, amortized cost	0
Available for sale, 6 to 10 years, fair value	0
Available for sale, over 10 years, amortized cost	200
Available for sale, over 10 years, fair value	195
Available for sale, amortized cost	200	52
Available for sale, fair value	195	52
Held to maturity, under 1 year, amortized cost	181
Held to maturity, under 1 year, fair value	188
Held to maturity, 1 to 5 years, amortized cost	11
Held to maturity, 1 to 5 years, fair value	12
Held to maturity, 6 to 10 years, amortized cost	0
Held to maturity, 6 to 10 years, fair value	0
Held to maturity, over 10 years, amortized cost	74
Held to maturity, over 10 years, fair value	86
Held to maturity, amortized cost	266	307
Investment securities held-to-maturity	286	329
Other
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	0
Available for sale, under 1 year, fair value	0
Available for sale, 1 to 5 years, amortized cost	90
Available for sale, 1 to 5 years, fair value	89
Available for sale, 6 to 10 years, amortized cost	0
Available for sale, 6 to 10 years, fair value	0
Available for sale, over 10 years, amortized cost	0
Available for sale, over 10 years, fair value	0
Available for sale, amortized cost	90	90
Available for sale, fair value	89	91
Total asset-backed securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	172
Available for sale, under 1 year, fair value	171
Available for sale, 1 to 5 years, amortized cost	575
Available for sale, 1 to 5 years, fair value	566
Available for sale, 6 to 10 years, amortized cost	1,197
Available for sale, 6 to 10 years, fair value	1,177
Available for sale, over 10 years, amortized cost	876
Available for sale, over 10 years, fair value	854
Available for sale, amortized cost	2,820	2,506
Available for sale, fair value	2,768	2,509
Held to maturity, under 1 year, amortized cost	513
Held to maturity, under 1 year, fair value	507
Held to maturity, 1 to 5 years, amortized cost	24
Held to maturity, 1 to 5 years, fair value	25
Held to maturity, 6 to 10 years, amortized cost	960
Held to maturity, 6 to 10 years, fair value	941
Held to maturity, over 10 years, amortized cost	3,237
Held to maturity, over 10 years, fair value	3,158
Held to maturity, amortized cost	4,734	5,215
Investment securities held-to-maturity	4,631	5,271
State and political subdivisions
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	175
Available for sale, under 1 year, fair value	175
Available for sale, 1 to 5 years, amortized cost	404
Available for sale, 1 to 5 years, fair value	401
Available for sale, 6 to 10 years, amortized cost	407
Available for sale, 6 to 10 years, fair value	406
Available for sale, over 10 years, amortized cost	56
Available for sale, over 10 years, fair value	52
Available for sale, amortized cost	1,042	1,216
Available for sale, fair value	1,034	1,272
Other U.S. debt securities
Contractual Maturities Of Debt Investment Securities [Line Items]
Available for sale, under 1 year, amortized cost	62
Available for sale, under 1 year, fair value	61
Available for sale, 1 to 5 years, amortized cost	997
Available for sale, 1 to 5 years, fair value	928
Available for sale, 6 to 10 years, amortized cost	15
Available for sale, 6 to 10 years, fair value	15
Available for sale, over 10 years, amortized cost	0
Available for sale, over 10 years, fair value	0
Available for sale, amortized cost	1,074	2,734
Available for sale, fair value	1,004	$ 2,744
Total
Contractual Maturities Of Debt Investment Securities [Line Items]
Held to maturity, under 1 year, amortized cost	1,616
Held to maturity, under 1 year, fair value	1,601
Held to maturity, 1 to 5 years, amortized cost	16,868
Held to maturity, 1 to 5 years, fair value	16,662
Held to maturity, 6 to 10 years, amortized cost	6,284
Held to maturity, 6 to 10 years, fair value	5,691
Held to maturity, over 10 years, amortized cost	39,493
Held to maturity, over 10 years, fair value	36,149
Held to maturity, amortized cost	64,261
Investment securities held-to-maturity	$ 60,103

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Net Loans (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	$ 33,565	$ 32,532
Allowance for credit losses	(95)	(87)
Loans, net of allowance	33,470	32,445
Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	21,701	22,114
Non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	11,864	10,418
Fund Finance | Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	12,363	12,396
Fund Finance | Geographic Distribution, Domestic | Private Equity Capital Call Finance Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	8,170	9,150
Fund Finance | Geographic Distribution, Domestic | Real Money Funds
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	6,480	6,400
Fund Finance | Geographic Distribution, Domestic | Collateralized Loan Obligations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	4,110	2,910
Fund Finance | Geographic Distribution, Domestic | Business Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	1,260	1,390
Fund Finance | Non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	8,131	7,778
Leveraged loans | Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	2,468	3,106
Leveraged loans | Non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	1,123	1,328
Overdrafts | Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	2,220	1,796
Overdrafts | Non-U.S.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	2,610	1,312
Other | Securities Finance Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	1,530	1,780
Other | Municipal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	420	455
Other | Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	21	23
Other | Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	1,968	2,262
Commercial real estate | Geographic Distribution, Domestic
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	$ 2,682	$ 2,554

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) loan loanSegment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) loan
Financing Receivable, Credit Quality Indicator [Line Items]
Number of loans and leases segments | loanSegment			2
Number of loans on non-accrual status | loan	0		0		0
Financing receivable, held-for-sale	$ 155		$ 155		$ 8
Loans modified in troubled debt restructurings | loan	0
Loans no longer meeting similar risk of collective pool | loan	5		5
Loans no longer meeting similar risk of collective pool, amount	$ 130		$ 130
Allowance for credit losses on loans	$ 95		$ 95		87
Investment grade loans	86%		86%
Speculative grade loans	12%		12%
Speculative senior secured loans with BB or B rating	96%		96%
Provision for credit losses	$ 10	$ (15)	$ 10	$ (24)
Finance receivables, allowance for credit loss, period increase (decrease)		$ 14
Loans, pledged as collateral	(33,470)		(33,470)		(32,445)
Asset pledged as collateral
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, pledged as collateral	(10,920)		(10,920)		$ (10,080)
Leveraged Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable for sale	1,630
Financing receivable, held-for-sale	155		155
Commercial and Financial
Financing Receivable, Credit Quality Indicator [Line Items]
Allowance for credit losses on loans	$ 7		$ 7

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Investments by Credit Quality (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	$ 33,410	$ 32,524
Financing receivable, held-for-sale	155	8
Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	28,922	27,196
Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	4,071	4,984
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	251	180
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	166	164
Commercial and Financial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	30,728	29,970
Commercial and Financial | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	26,549	24,974
Commercial and Financial | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	3,851	4,714
Commercial and Financial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	162	118
Commercial and Financial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	166	164
Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,682	2,554
Commercial Real Estate | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,373	2,222
Commercial Real Estate | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	220	270
Commercial Real Estate | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	89	62
Commercial Real Estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	0	0
Geographic Distribution, Domestic | Commercial and Financial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	18,926	19,560
Geographic Distribution, Domestic | Commercial and Financial | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	16,127	16,024
Geographic Distribution, Domestic | Commercial and Financial | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,509	3,278
Geographic Distribution, Domestic | Commercial and Financial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	162	118
Geographic Distribution, Domestic | Commercial and Financial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	128	140
Geographic Distribution, Domestic | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,682	2,554
Geographic Distribution, Domestic | Commercial Real Estate | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,373	2,222
Geographic Distribution, Domestic | Commercial Real Estate | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	220	270
Geographic Distribution, Domestic | Commercial Real Estate | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	89	62
Geographic Distribution, Domestic | Loans to investment funds
Financing Receivable, Credit Quality Indicator [Line Items]
Overdrafts	4,830	$ 3,110
Geographic Distribution, Domestic | Loans to investment funds | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Overdrafts	4,470
Geographic Distribution, Domestic | Loans to investment funds | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Overdrafts	356
Geographic Distribution, Domestic | Loans to investment funds | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Overdrafts	$ 2

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Amortized Cost Basis (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
2022	$ 6,417	$ 8,336
2021	4,981	794
2020	563	2,012
2019	1,743	1,457
2018	1,238	810
Prior	761	263
Revolving Loans	17,707	18,852
Loans, gross, excluding loans classified as held-for-sale	33,410	32,524
Financing receivable, accrued interest, before allowance for credit loss	91	86
Financing receivable, held-for-sale	155	8
Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	28,922	27,196
Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	4,071	4,984
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	251	180
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	166	164
Commercial and Financial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	30,728	29,970
Commercial and Financial | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	26,549	24,974
Commercial and Financial | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	3,851	4,714
Commercial and Financial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	162	118
Commercial and Financial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	166	164
Commercial and Financial | Geographic Distribution, Domestic
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2,428	3,084
2021	1,073	415
2020	292	1,194
2019	993	512
2018	385	414
Prior	195	7
Revolving Loans	13,560	13,934
Loans, gross, excluding loans classified as held-for-sale	18,926	19,560
Commercial and Financial | Geographic Distribution, Domestic | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2,297	1,988
2021	185	59
2020	95	347
2019	341	2
2018	0	37
Prior	12	0
Revolving Loans	13,197	13,591
Loans, gross, excluding loans classified as held-for-sale	16,127	16,024
Commercial and Financial | Geographic Distribution, Domestic | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
2022	129	1,096
2021	849	351
2020	192	706
2019	486	425
2018	340	350
Prior	150	7
Revolving Loans	363	343
Loans, gross, excluding loans classified as held-for-sale	2,509	3,278
Commercial and Financial | Geographic Distribution, Domestic | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	39	0
2020	0	70
2019	96	29
2018	0	19
Prior	27	0
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	162	118
Commercial and Financial | Geographic Distribution, Domestic | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	2	0
2021	0	5
2020	5	71
2019	70	56
2018	45	8
Prior	6	0
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	128	140
Commercial and Financial | Non-U.S.
Financing Receivable, Credit Quality Indicator [Line Items]
2022	3,855	4,648
2021	3,296	201
2020	122	264
2019	180	228
2018	137	120
Prior	65	31
Revolving Loans	4,147	4,918
Loans, gross, excluding loans classified as held-for-sale	11,802	10,410
Commercial and Financial | Non-U.S. | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
2022	3,505	4,087
2021	2,783	0
2020	0	0
2019	0	0
2018	0	0
Prior	0	0
Revolving Loans	4,134	4,863
Loans, gross, excluding loans classified as held-for-sale	10,422	8,950
Commercial and Financial | Non-U.S. | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
2022	350	561
2021	513	201
2020	122	264
2019	180	204
2018	99	120
Prior	65	31
Revolving Loans	13	55
Loans, gross, excluding loans classified as held-for-sale	1,342	1,436
Commercial and Financial | Non-U.S. | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving Loans	0
Loans, gross, excluding loans classified as held-for-sale	0
Commercial and Financial | Non-U.S. | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	24
2018	38	0
Prior	0	0
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	38	24
Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,682	2,554
Commercial real estate | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	2,373	2,222
Commercial real estate | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	220	270
Commercial real estate | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	89	62
Commercial real estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, gross, excluding loans classified as held-for-sale	0	0
Commercial real estate | Geographic Distribution, Domestic
Financing Receivable, Credit Quality Indicator [Line Items]
2022	134	604
2021	612	178
2020	149	554
2019	570	717
2018	716	276
Prior	501	225
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	2,682	2,554
Commercial real estate | Geographic Distribution, Domestic | Investment grade
Financing Receivable, Credit Quality Indicator [Line Items]
2022	134	580
2021	612	129
2020	100	383
2019	397	657
2018	657	276
Prior	473	197
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	2,373	2,222
Commercial real estate | Geographic Distribution, Domestic | Speculative
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	24
2021	0	49
2020	49	149
2019	124	20
2018	19	0
Prior	28	28
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	220	270
Commercial real estate | Geographic Distribution, Domestic | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	22
2019	49	40
2018	40	0
Prior	0	0
Revolving Loans	0	0
Loans, gross, excluding loans classified as held-for-sale	$ 89	$ 62

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Activity in the Allowance for Credit Losses for Loans Held for Investment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance			$ 87
Ending balance	$ 95		95
Leveraged Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	61	$ 92	61	$ 97
Charge-offs	(3)	(1)	(4)	(1)
Provision	11	(19)	12	(20)
Foreign currency translation		2		(2)
Ending balance	69	74	69	74
Other Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	11	12	12	17
Charge-offs	0	0	0	0
Provision	(1)	0	(2)	(5)
Foreign currency translation		0		0
Ending balance	10	12	10	12
Other Loans | Fund Finance
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Ending balance	9	10	9	10
Other Loans | Other Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Ending balance	1	2	1	2
Commercial Real Estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	14	14	14	8
Charge-offs	0	0	0	0
Provision	2	0	2	6
Foreign currency translation		0		0
Ending balance	16	14	16	14
Available-for-sale Securities
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	2		2
Charge-offs	0		0
Provision	0		0
Ending balance	2		2
Held-to-Maturity Securities
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance		2		3
Charge-offs		0		0
Provision		0		(1)
Foreign currency translation		0		0
Ending balance		2		2
Off-Balance Sheet Commitments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	19	15	19	22
Charge-offs	0	0	0	0
Provision	(2)	4	(2)	(3)
Foreign currency translation		0		0
Ending balance	17	19	17	19
All Other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	0	0	0	1
Charge-offs	0	0	0	0
Provision	0	0	0	(1)
Foreign currency translation		0		0
Ending balance	0	0	0	0
Total
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	107	135	108	148
Charge-offs	(3)	(1)	(4)	(1)
Provision	10	(15)	10	(24)
Foreign currency translation		2		(2)
Ending balance	$ 114	$ 121	$ 114	$ 121

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Changes in the Carrying Amount of Goodwill (Details) € in Millions, $ in Millions	3 Months Ended			6 Months Ended	12 Months Ended
	Sep. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2021 EUR (€)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Goodwill [Roll Forward]
Beginning balance		$ 7,683		$ 7,621	$ 7,683
Acquisitions				3	66
Divestitures					(17)
Foreign currency translation				(159)	(111)
Ending balance				7,465	7,621
Investment Servicing
Goodwill [Roll Forward]
Beginning balance		7,413		7,354	7,413
Acquisitions				3	66
Divestitures					(17)
Foreign currency translation				(155)	(108)
Ending balance				7,202	7,354
Investment Servicing | Fideuram Bank Luxembour
Goodwill [Roll Forward]
Payment for acquisition		258	€ 220
Investment Servicing | Mercatus, Inc
Goodwill [Roll Forward]
Payment for acquisition	$ 88
Investment Management
Goodwill [Roll Forward]
Beginning balance		$ 270		267	270
Acquisitions				0	0
Divestitures					0
Foreign currency translation				(4)	(3)
Ending balance				$ 263	$ 267

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Changes in the Carrying Amount of Other Intangible Assets (Details) € in Millions, $ in Millions	3 Months Ended					6 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2021 EUR (€)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Finite-lived Intangible Assets [Roll Forward]
Beginning balance				$ 1,827		$ 1,816	$ 1,827	$ 1,827
Acquisitions						0		264
Amortization	$ (60)		$ (63)			(121)	(121)	(245)
Foreign currency translation						(41)		(30)
Ending balance	1,654					1,654		1,816
Investment Servicing
Finite-lived Intangible Assets [Roll Forward]
Beginning balance				1,733		1,746	1,733	1,733
Acquisitions						0		264
Amortization						(110)		(221)
Foreign currency translation						(41)		(30)
Ending balance	1,595					1,595		1,746
Investment Servicing | Fideuram Bank Luxembour
Finite-lived Intangible Assets [Roll Forward]
Payment for acquisition				258	€ 220
Investment Servicing | Mercatus, Inc
Finite-lived Intangible Assets [Roll Forward]
Payment for acquisition		$ 88
Investment Management
Finite-lived Intangible Assets [Roll Forward]
Beginning balance				$ 94		70	$ 94	94
Acquisitions						0		0
Amortization						(11)		(24)
Foreign currency translation						0		0
Ending balance	$ 59					$ 59		$ 70

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Gross Carrying Amount, Accumulated Amortization and Net Carrying Amount of Other Intangible Assets (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 3,879	$ 3,981
Accumulated Amortization	(2,225)	(2,165)
Net Carrying Amount	1,654	1,816	$ 1,827
Client relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,710	2,786
Accumulated Amortization	(1,535)	(1,497)
Net Carrying Amount	1,175	1,289
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	401	403
Accumulated Amortization	(159)	(142)
Net Carrying Amount	242	261
Core deposits
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	679	696
Accumulated Amortization	(457)	(451)
Net Carrying Amount	222	245
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	89	96
Accumulated Amortization	(74)	(75)
Net Carrying Amount	$ 15	$ 21

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Other Assets [Abstract]
Securities borrowed	$ 18,194	$ 22,300
Derivative instruments, net	9,476	4,108
Bank-owned life insurance	3,605	3,554
Investments in joint ventures and other unconsolidated entities	3,256	3,162
Collateral, net	1,691	1,011
Receivable for securities settlement	1,083	213
Deferred tax assets, net of valuation allowance	1,027	254
Prepaid expenses	705	612
Right-of-use assets	501	542
Accounts receivable	464	236
Income taxes receivable	326	317
Deposits with clearing organizations	62	62
Other	1,080	1,244
Total	41,470	37,615
Equity securities without readily determinable fair value, amount	177	109
Equity securities without readily determinable fair value, upward price adjustment	0
Advances	$ 677	$ 544

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Cash flow hedge gains to be reclassified within twelve months	$ 156
Maximum length of time hedged in cash flow hedge	5 years
Fair value of derivative liabilities	$ 23,308	$ 16,126
Interest rate swap | Fair Value Hedges
Derivative [Line Items]
Notional amount of derivative instruments	17,070	$ 6,950
Credit swap agreements
Derivative [Line Items]
Fair value of derivative liabilities	5,630
Cash collateral provided for derivative instruments	4,790
Maximum additional amount of payments related to termination events	$ 840

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Outstanding Hedges: (Notional Amount) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivatives not designated as hedging instruments | Interest rate contracts | Futures
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	$ 4,783	$ 9,604
Derivatives not designated as hedging instruments | Foreign exchange contracts | Futures
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	1,662	2,359
Derivatives not designated as hedging instruments | Foreign exchange contracts | Forward, swap and spot
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	2,190,465	2,569,449
Derivatives not designated as hedging instruments | Foreign exchange contracts | Options purchased
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	1,255	328
Derivatives not designated as hedging instruments | Foreign exchange contracts | Options written
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	874	210
Derivatives not designated as hedging instruments | Other derivative contracts | Stable value contracts
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	33,121	32,868
Derivatives not designated as hedging instruments | Other derivative contracts | Deferred value awards
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	382	308
Derivatives designated as hedging instruments | Interest rate contracts | Swap agreements
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	24,066	15,100
Derivatives designated as hedging instruments | Foreign exchange contracts | Forward and swap
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative instruments	$ 7,826	$ 6,700

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of the Fair Values of Derivative Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	$ 23,644	$ 15,187
Fair value of derivative liabilities	23,308	16,126
Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	23,633	15,185
Fair value of derivative liabilities	23,036	15,825
Interest rate contracts
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	11	2
Fair value of derivative liabilities	0	0
Derivatives not designated as hedging instruments | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	23,415	15,216
Derivatives not designated as hedging instruments | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	23,303	16,091
Derivatives not designated as hedging instruments | Foreign exchange contracts | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	23,415	15,216
Derivatives not designated as hedging instruments | Foreign exchange contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	23,031	15,790
Derivatives not designated as hedging instruments | Other derivative contracts | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	0	0
Derivatives not designated as hedging instruments | Other derivative contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	272	301
Derivatives designated as hedging instruments | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	229	61
Derivatives designated as hedging instruments | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	5	35
Derivatives designated as hedging instruments | Foreign exchange contracts | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	218	59
Derivatives designated as hedging instruments | Foreign exchange contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	5	35
Derivatives designated as hedging instruments | Interest rate contracts | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of derivative assets	11	2
Derivatives designated as hedging instruments | Interest rate contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	$ 0	$ 0

Derivative Financial Instrume_6

Derivative Financial Instruments - Impact of Derivatives on Consolidated Statement of Income (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Amount of gain (loss) on derivative recognized in income	$ 217	$ 160	$ 421	$ 346
Foreign exchange contracts | Foreign exchange trading services
Derivative [Line Items]
Amount of gain (loss) on derivative recognized in income	230	188	469	431
Foreign exchange contracts | Interest expense
Derivative [Line Items]
Amount of gain (loss) on derivative recognized in income	3	16	16	37
Interest rate contracts
Derivative [Line Items]
Amount of gain (loss) on derivative recognized in income	(6)	1	0	1
Other derivative contracts
Derivative [Line Items]
Amount of gain (loss) on derivative recognized in income	$ (10)	$ (45)	$ (64)	$ (123)

Derivative Financial Instrume_7

Derivative Financial Instruments - Carrying Amount and Cumulative Basis Adjustments for Hedge Accounting (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Prepayable financial asset closed portfolio, amortized cost	$ 221	$ 0
Prepayable financial asset closed portfolio, last-of-layer, amortized cost	68	0
Cumulative adjustment associated with hedging relationships	(1)	0
Hedged Items Currently Designated | Long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of Hedged Assets/Liabilities	10,271	9,026
Cumulative Hedge Accounting Basis Adjustments	(403)	(64)
Hedged Items Currently Designated | Available-for-sale securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of Hedged Assets/Liabilities	11,289	3,551
Cumulative Hedge Accounting Basis Adjustments	(360)	0
De-designated | Long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative Hedge Accounting Basis Adjustments	436	514
De-designated | Available-for-sale securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative Hedge Accounting Basis Adjustments	$ 14	$ 24

Derivative Financial Instrume_8

Derivative Financial Instruments - Impact on Derivatives and Hedged Items on Consolidated Statement of Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) on Derivative Recognized in Consolidated Statement of Income	$ 52	$ (30)	$ 19	$ (25)
Amount of Gain (Loss) on Hedged Item Recognized in Consolidated Statement of Income	(53)	28	(21)	23
Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges, net of related taxes	113	(16)	270	(4)
Available-for-sale securities | Net interest income | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) on Derivative Recognized in Consolidated Statement of Income	148	(23)	358	(6)
Amount of Gain (Loss) on Hedged Item Recognized in Consolidated Statement of Income	(149)	21	(360)	5
Long-term debt | Net interest income | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) on Derivative Recognized in Consolidated Statement of Income	(96)	(7)	(339)	(19)
Amount of Gain (Loss) on Hedged Item Recognized in Consolidated Statement of Income	$ 96	$ 7	$ 339	$ 18

Derivative Financial Instrume_9

Derivative Financial Instruments - Schedule of Differences Between the Gains (Losses) on the Derivative and the Gains (Losses) on the Hedged Item (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Gain (loss) on derivative recognized in OCI, cash flow hedge	$ 37	$ 17	$ (207)	$ 37
Gain (loss) on derivative recognized in OCI, net investment hedge	264	(24)	328	111
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative	301	(7)	121	148
Gain (loss) on hedges reclassified to income, cash flow hedge	9	25	31	46
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	9	25	31	46
Gain (loss) on hedges reclassified to income, net investment hedge	0	0	$ 0	0
Floating-rate loans
Derivative [Line Items]
Term of debt instrument			4 years 3 months 18 days
Interest rate contracts
Derivative [Line Items]
Gain (loss) on derivative recognized in OCI, cash flow hedge	(92)	10	$ (383)	(6)
Interest rate contracts | Net interest income
Derivative [Line Items]
Gain (loss) on hedges reclassified to income, cash flow hedge	6	22	25	40
Foreign exchange contracts
Derivative [Line Items]
Gain (loss) on derivative recognized in OCI, cash flow hedge	129	7	176	43
Gain (loss) on derivative recognized in OCI, net investment hedge	264	(24)	328	111
Foreign exchange contracts | Net interest income
Derivative [Line Items]
Gain (loss) on hedges reclassified to income, cash flow hedge	3	3	6	6
Foreign exchange contracts | Gains (Losses) related to investment securities, net
Derivative [Line Items]
Gain (loss) on hedges reclassified to income, net investment hedge	$ 0	$ 0	$ 0	$ 0

Offsetting Arrangements - Narra

Offsetting Arrangements - Narrative (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Offsetting [Abstract]
Fair Value of securities received as collateral that can be resold or repledged	$ 3,710,000,000	$ 1,600,000,000
Fair Value of securities received as collateral that have been resold or repledged	$ 0	$ 0

Offsetting Arrangements - Asset

Offsetting Arrangements - Assets With Offsetting Arrangements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Offsetting Assets [Line Items]
Derivatives, Gross Amounts of Recognized Assets	$ 23,644	$ 15,187
Derivatives, Gross Amounts Offset in Statement of Condition	(14,168)	(11,079)
Derivatives, Net Amounts of Assets Presented in Statement of Condition	9,476	4,108
Derivatives, Net Amount	8,442	3,385
Derivatives, Cash collateral and securities netting, cash offset	(1,727)	(1,966)
Derivatives, Cash collateral and securities netting, Cash and Securities Received	(1,034)	(723)
Derivatives, Cash collateral and securities netting, Net Amount	(2,761)	(2,689)
Resale agreements and securities borrowing, Gross Amounts of Recognized Assets	100,778	102,375
Resale agreements and securities borrowing, Gross Amounts Offset in Statement of Condition	(77,381)	(77,063)
Resale agreements and securities borrowing, Net Amounts of Assets Presented in Statement of Condition	23,397	25,312
Resale agreements and securities borrowing, Cash and Securities Received	(22,608)	(25,096)
Resale agreements and securities borrowing, Net Amount	789	216
Total derivatives and other financial instruments, Gross Amounts of Recognized Assets	124,422	117,562
Total derivatives and other financial instruments, Gross Amounts Offset in Statement of Condition	(91,549)	(88,142)
Total derivatives and other financial instruments, Net Amounts of Assets Presented in Statement of Condition	32,873	29,420
Total derivatives and other financial instruments, Cash and Securities Received	(23,642)	(25,819)
Total derivatives and other financial instruments, Net Amount	9,231	3,601
Securities purchased under resale agreements	5,203	3,012
Cash collateral provided for securities borrowing	18,200	22,300
Foreign exchange contracts
Offsetting Assets [Line Items]
Derivatives, Gross Amounts of Recognized Assets	23,633	15,185
Derivatives, Gross Amounts Offset in Statement of Condition	(12,441)	(9,113)
Derivatives, Net Amounts of Assets Presented in Statement of Condition	11,192	6,072
Derivatives, Net Amount	11,192	6,072
Interest rate contracts
Offsetting Assets [Line Items]
Derivatives, Gross Amounts of Recognized Assets	11	2
Derivatives, Gross Amounts Offset in Statement of Condition	0	0
Derivatives, Net Amounts of Assets Presented in Statement of Condition	11	2
Derivatives, Net Amount	$ 11	$ 2

Offsetting Arrangements - Liabi

Offsetting Arrangements - Liabilities With Offsetting Arrangements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Offsetting Liabilities [Line Items]
Derivatives, Gross amounts of recognized liabilities	$ 23,308	$ 16,126
Derivatives, Gross amounts offset in statement of condition	(17,100)	(10,395)
Net Amounts of Liabilities Presented in Statement of Condition	6,208	5,731
Derivative, Net Amount	4,343	4,742
Derivative liability, collateral, cash offset	(4,659)	(1,282)
Derivatives, Cash and collateral securities netting, Cash and Securities Provided	(1,865)	(989)
Derivatives, Cash and collateral securities netting, Net	(6,524)	(2,271)
Resale agreements and securities lending, Gross Amounts of Recognized Liabilities	80,081	82,674
Resale agreements and securities lending, Gross Amounts Offset in Statement of Condition	(77,381)	(77,063)
Resale agreements and securities lending, Net Amounts of Liabilities Presented in Statement of Condition	2,700	5,611
Resale agreements and securities lending, Cash and Securities Provided	(1,782)	(4,066)
Resale agreements and securities lending, Net Amount	918	1,545
Total derivatives and other financial instruments, Gross Amounts of Recognized Liabilities	103,389	98,800
Total derivatives and other financial instruments, Gross Amounts Offset in Statement of Condition	(94,481)	(87,458)
Total derivatives and other financial instruments, Net Amounts of Liabilities Presented in Statement of Condition	8,908	11,342
Total derivatives and other financial instruments, Cash and Securities Provided	(3,647)	(5,055)
Total derivatives and other financial instruments, Net Amount	5,261	6,287
Securities sold under repurchase agreements	951	1,575
Foreign exchange contracts
Offsetting Liabilities [Line Items]
Derivatives, Gross amounts of recognized liabilities	23,036	15,825
Derivatives, Gross amounts offset in statement of condition	(12,441)	(9,113)
Net Amounts of Liabilities Presented in Statement of Condition	10,595	6,712
Derivative, Net Amount	10,595	6,712
Interest rate contracts
Offsetting Liabilities [Line Items]
Derivatives, Gross amounts of recognized liabilities	0	0
Derivatives, Gross amounts offset in statement of condition	0	0
Net Amounts of Liabilities Presented in Statement of Condition	0	0
Derivative, Net Amount	0	0
Other derivative contracts
Offsetting Liabilities [Line Items]
Derivatives, Gross amounts of recognized liabilities	272	301
Derivatives, Gross amounts offset in statement of condition	0	0
Net Amounts of Liabilities Presented in Statement of Condition	272	301
Derivative, Net Amount	272	301
Accrued expenses and other liabilities
Offsetting Liabilities [Line Items]
Cash collateral received in connection to securities finance activities	$ 1,750	$ 4,040

Offsetting Arrangements - Repo,

Offsetting Arrangements - Repo, Sec Lending Transactions Maturity by Category (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	$ 75,758	$ 75,266
Securities lending transactions	4,323	7,408
Gross amount of recognized liabilities for repurchase agreements and securities lending	80,081	82,674
U.S. Treasury and agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	75,758	75,266
Securities lending transactions	3	0
Corporate debt securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	51	92
Equity securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	4,268	7,315
Other
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	1	1
Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	75,758	75,266
Securities lending transactions	3,552	6,057
Gross amount of recognized liabilities for repurchase agreements and securities lending	79,310	81,323
Overnight and Continuous | U.S. Treasury and agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	75,758	75,266
Securities lending transactions	3	0
Overnight and Continuous | Corporate debt securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	46	92
Overnight and Continuous | Equity securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	3,502	5,964
Overnight and Continuous | Other
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	1	1
Up to 30 Days
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	33	24
Gross amount of recognized liabilities for repurchase agreements and securities lending	33	24
Up to 30 Days | U.S. Treasury and agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	0	0
Up to 30 Days | Corporate debt securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	0	0
Up to 30 Days | Equity securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	33	24
Up to 30 Days | Other
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	0	0
30-90 days
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	30	11
Gross amount of recognized liabilities for repurchase agreements and securities lending	30	11
30-90 days | U.S. Treasury and agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	0	0
30-90 days | Corporate debt securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	5	0
30-90 days | Equity securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	25	11
30-90 days | Other
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	0	0
Greater than 90 Days
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	708	1,316
Gross amount of recognized liabilities for repurchase agreements and securities lending	708	1,316
Greater than 90 Days | U.S. Treasury and agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	0	0
Securities lending transactions	0	0
Greater than 90 Days | Corporate debt securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	0	0
Greater than 90 Days | Equity securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	708	1,316
Greater than 90 Days | Other
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	$ 0	$ 0

Commitments and Guarantees - Co

Commitments and Guarantees - Contractual Amounts of Credit-Related Off-Balance Sheet Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	9 Months Ended
	Mar. 31, 2022	Jun. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Unfunded credit facilities		$ 32,939		$ 33,026
Indemnified securities financing		345,237		385,740
Standby letters of credit		$ 2,542		$ 3,237
Unfunded commitments to extend credit, short term	76%	78%
Term of unfunded commitment		1 year	1 year

Commitments and Guarantees - Sc

Commitments and Guarantees - Schedule of Repurchase Agreements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Fair value of indemnified securities financing	$ 345,237	$ 385,740
Fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing	361,380	404,121
Fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements	64,181	61,560
Fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements	$ 69,168	$ 67,014

Commitments and Guarantees - Na

Commitments and Guarantees - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Cash collateral provided for securities lending	$ 18,200	$ 22,300
Accrued expenses and other liabilities
Loss Contingencies [Line Items]
Cash collateral received in connection to securities finance activities	$ 1,750	$ 4,040

Contingencies (Details)

Contingencies (Details) $ in Millions	1 Months Ended
	Aug. 31, 2021 plaintiff	May 31, 2021 USD ($) Participants	Jun. 30, 2019 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Accrual of loss contingency				$ 15
Estimate of possible loss				50
Participants who filed a purported class action complaint | Participants		8
Unrecognized tax benefits				232	$ 252
Invoicing Matter
Loss Contingencies [Line Items]
Payments for settlements			$ 48.8
Invoicing Matter | United States Attorney for the District of Massachusetts
Loss Contingencies [Line Items]
Amount awarded to other party		$ 115
Invoicing Matter | Massachusetts Attorney General
Loss Contingencies [Line Items]
Amount awarded to other party			5.5
Invoicing Matter | U.S. Securities and Exchange Commission
Loss Contingencies [Line Items]
Amount awarded to other party			$ 40
Edmar v Currenex
Loss Contingencies [Line Items]
Loss contingency, number of plaintiffs | plaintiff	2
Legal Reserve | Invoicing Matter
Loss Contingencies [Line Items]
Estimate of possible loss				$ 350

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Assets	$ 300,223	$ 314,624
Total liabilities	274,456	287,261
VIE - primary beneficiary
Variable Interest Entity [Line Items]
Assets	0	0
Total liabilities	0	0
VIE - not primary beneficiary | Unconsolidated Funds
Variable Interest Entity [Line Items]
Potential maximum loss exposure of unconsolidated funds	15	17
VIE - not primary beneficiary | Low Income Housing, Production and Investment Tax Credit Entities
Variable Interest Entity [Line Items]
Potential maximum loss exposure of unconsolidated funds	$ 1,680	$ 1,690

Shareholders' Equity - Schedule

Shareholders' Equity - Schedule of Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Millions		1 Months Ended
	Jun. 15, 2022	Sep. 30, 2018	Apr. 30, 2016	May 31, 2015	Feb. 28, 2014	Jun. 30, 2022	Dec. 31, 2021
Series D Preferred Stock, Depository Share
Class of Stock [Line Items]
Depositary shares issued (shares)					30,000,000
Amount outstanding (in shares)					750,000,000
Liquidation preference per share (USD per share)					$ 25
Series D Preferred Stock
Class of Stock [Line Items]
Liquidation preference per share (USD per share)					$ 100,000
Preferred stock						$ 742	$ 742
Ownership Interest Per Depositary Share					0.025%
Per annum dividend rate					5.90%
Series D Preferred Stock | London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Per annum dividend rate, basis spread on variable rate					3.108%
Series F Preferred Stock, Depository Share
Class of Stock [Line Items]
Depositary shares issued (shares)				250,000
Amount outstanding (in shares)				250,000,000
Liquidation preference per share (USD per share)				$ 1,000
Series F Preferred Stock
Class of Stock [Line Items]
Liquidation preference per share (USD per share)				$ 100,000
Preferred stock						247	247
Ownership Interest Per Depositary Share				1%
Per annum dividend rate				5.25%
Series F Preferred Stock | London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Per annum dividend rate, basis spread on variable rate	5.426%			3.597%
Series G Preferred Stock, Depository Share
Class of Stock [Line Items]
Depositary shares issued (shares)			20,000,000
Amount outstanding (in shares)			500,000,000
Liquidation preference per share (USD per share)			$ 25
Series G Preferred Stock
Class of Stock [Line Items]
Liquidation preference per share (USD per share)			$ 100,000
Preferred stock						493	493
Ownership Interest Per Depositary Share			0.025%
Per annum dividend rate			5.35%
Series G Preferred Stock | London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Per annum dividend rate, basis spread on variable rate			3.709%
Series H Preferred Stock, Depository Share
Class of Stock [Line Items]
Depositary shares issued (shares)		500,000
Amount outstanding (in shares)		500,000,000
Liquidation preference per share (USD per share)		$ 1,000
Series H Preferred Stock
Class of Stock [Line Items]
Liquidation preference per share (USD per share)		$ 100,000
Preferred stock						$ 494	$ 494
Ownership Interest Per Depositary Share		1%
Per annum dividend rate		5.625%
Series H Preferred Stock | London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Per annum dividend rate, basis spread on variable rate		2.539%

Shareholders' Equity - Preferre

Shareholders' Equity - Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended				6 Months Ended
	Jul. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Class of Stock [Line Items]
Preferred stock cash dividend		$ 35	$ 20	$ 34	$ 25	$ 55	$ 59
Series D Preferred Stock
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 1,475		$ 1,475		$ 2,950	$ 2,950
Preferred stock cash dividend		$ 11		$ 11		$ 22	$ 22
Series D Preferred Stock | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 1,475
Preferred stock cash dividend	$ 11
Series D Preferred Stock, Depository Share
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 0.37		$ 0.37		$ 0.74	$ 0.74
Series D Preferred Stock, Depository Share | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 0.37
Series F Preferred Stock
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 1,130		$ 966		$ 2,080	$ 1,919
Preferred stock cash dividend		$ 3		$ 2		$ 5	$ 9
Series F Preferred Stock | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 1,387
Preferred stock cash dividend	$ 3
Series F Preferred Stock, Depository Share
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 11.30		$ 9.66		$ 20.80	$ 19.19
Series F Preferred Stock, Depository Share | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 13.87
Series G Preferred Stock
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 1,338		$ 1,338		$ 2,676	$ 2,676,000,000
Preferred stock cash dividend		$ 7		$ 7		$ 14	$ 14
Series G Preferred Stock | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 1,338
Preferred stock cash dividend	$ 7
Series G Preferred Stock, Depository Share
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 0.33		$ 0.33		$ 0.66	$ 0.66
Series G Preferred Stock, Depository Share | Forecast | Subsequent Event
Class of Stock [Line Items]
Preferred dividends declared (USD per share)	$ 0.33
Series H Preferred Stock
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 2,813		$ 2,813		$ 2,813	$ 2,813
Preferred stock cash dividend		$ 14		$ 14		$ 14	$ 14
Series H Preferred Stock, Depository Share
Class of Stock [Line Items]
Preferred dividends declared (USD per share)		$ 28.13		$ 28.13		$ 28.13	$ 28.13

Shareholders' Equity - Schedu_2

Shareholders' Equity - Schedule of Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended				6 Months Ended
	Jul. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Dividends Payable [Line Items]
Preferred stock cash dividend		$ 35	$ 20	$ 34	$ 25	$ 55	$ 59
Cash dividends declared (in USD per share)		$ 0.57	$ 0.57	$ 0.52	$ 0.52	$ 1.14	$ 1.04
Total (In millions)		$ 210	$ 209	$ 179	$ 182	$ 419	$ 361
Series D Preferred Stock
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 1,475		$ 1,475		$ 2,950	$ 2,950
Preferred stock cash dividend		$ 11		$ 11		$ 22	$ 22
Series D Preferred Stock | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 1,475
Preferred stock cash dividend	$ 11
Series D Preferred Stock, Depository Share
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 0.37		$ 0.37		$ 0.74	$ 0.74
Series D Preferred Stock, Depository Share | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 0.37
Series F Preferred Stock
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 1,130		$ 966		$ 2,080	$ 1,919
Preferred stock cash dividend		$ 3		$ 2		$ 5	$ 9
Series F Preferred Stock | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 1,387
Preferred stock cash dividend	$ 3
Series F Preferred Stock, Depository Share
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 11.30		$ 9.66		$ 20.80	$ 19.19
Series F Preferred Stock, Depository Share | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 13.87
Series G Preferred Stock
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 1,338		$ 1,338		$ 2,676	$ 2,676,000,000
Preferred stock cash dividend		$ 7		$ 7		$ 14	$ 14
Series G Preferred Stock | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 1,338
Preferred stock cash dividend	$ 7
Series G Preferred Stock, Depository Share
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 0.33		$ 0.33		$ 0.66	$ 0.66
Series G Preferred Stock, Depository Share | Forecast | Subsequent Event
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)	$ 0.33
Series H Preferred Stock
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 2,813		$ 2,813		$ 2,813	$ 2,813
Preferred stock cash dividend		$ 14		$ 14		$ 14	$ 14
Series H Preferred Stock, Depository Share
Dividends Payable [Line Items]
Preferred dividends declared (USD per share)		$ 28.13		$ 28.13		$ 28.13	$ 28.13

Shareholders' Equity - Common S

Shareholders' Equity - Common Stock (Details) $ / shares in Units, shares in Millions		1 Months Ended	3 Months Ended
	Jul. 01, 2022 USD ($)	Sep. 30, 2021 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jul. 31, 2021 USD ($)	Apr. 30, 2021 USD ($)	Jan. 31, 2021 USD ($)
Equity, Class of Treasury Stock [Line Items]
Proceeds from issuance of common stock, net of issuance costs		$ 1,900,000,000
Amount of common stock authorized for repurchase						$ 3,000,000,000	$ 425,000,000	$ 475,000,000
Dividends, common stock	$ 0.63
Percent increase in common stock dividends on per share basis	0.10
2019 Program
Equity, Class of Treasury Stock [Line Items]
Common stock repurchased			$ 0	$ 0	$ 0
Common Stock
Equity, Class of Treasury Stock [Line Items]
Public offering, new shares (in shares) | shares		21.7
Offering price (in dollars per share) | $ / shares		$ 87.60

Shareholders' Equity - Schedu_3

Shareholders' Equity - Schedule of Common Stock (Details) - Share repurchase program - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
Equity, Class of Treasury Stock [Line Items]
Shares Acquired (in shares)	5	11.2
Average Cost per Share (USD per share)	$ 84.71	$ 80
Total Acquired	$ 425	$ 900

Shareholders' Equity - Schedu_4

Shareholders' Equity - Schedule of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Equity [Abstract]
Net unrealized gains (losses) on cash flow hedges	$ (235)		$ 53
Net unrealized gains (losses) on available-for-sale securities portfolio	(2,954)		467
Net unrealized gains (losses) related to reclassified available-for-sale securities	860		(46)
Net unrealized gains (losses) on available-for-sale securities	(2,094)		421
Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges	253		(37)
Net unrealized gains (losses) on hedges of net investments in non-U.S. subsidiaries	396		(93)
Other-than-temporary impairment on held-to-maturity securities related to factors other than credit	(1)		(2)
Net unrealized (losses) on retirement plans	(115)		(168)
Foreign currency translation	(1,891)		(596)
Total	$ (3,687)	$ (1,133)	$ (422)

Shareholders' Equity - Accumula

Shareholders' Equity - Accumulated Other Comprehensive Income by Component (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 26,224	$ 27,363	$ 25,005	$ 26,200	$ 27,363	$ 26,200
Other comprehensive income (loss) before reclassifications					(2,549)	(586)
Amounts reclassified into (out of) accumulated other comprehensive loss					(5)	(23)
Other comprehensive loss	(989)	(1,565)	(4)	(605)	(2,554)	(609)
Ending balance	25,767	26,224	25,167	25,005	25,767	25,167
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(2,698)	(1,133)	(418)	187	(1,133)	187
Other comprehensive loss	(989)	(1,565)	(4)	(605)
Ending balance	(3,687)	(2,698)	(422)	(418)	(3,687)	(422)
Net Unrealized Gains (Losses) on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(2)		57	(2)	57
Other comprehensive income (loss) before reclassifications					(211)	29
Amounts reclassified into (out of) accumulated other comprehensive loss					(22)	(33)
Other comprehensive loss					(233)	(4)
Ending balance	(235)		53		(235)	53
Net Unrealized Gains (Losses) on Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(48)		848	(48)	848
Other comprehensive income (loss) before reclassifications					(1,793)	(464)
Amounts reclassified into (out of) accumulated other comprehensive loss					0	0
Other comprehensive loss					(1,793)	(464)
Ending balance	(1,841)		384		(1,841)	384
Net Unrealized Gains (Losses) on Hedges of Net Investments in Non-U.S. Subsidiaries
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		68		(204)	68	(204)
Other comprehensive income (loss) before reclassifications					328	111
Amounts reclassified into (out of) accumulated other comprehensive loss					0	0
Other comprehensive loss					328	111
Ending balance	396		(93)		396	(93)
Other-Than-Temporary Impairment on Held-to-Maturity Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(2)		(2)	(2)	(2)
Other comprehensive income (loss) before reclassifications					1	0
Amounts reclassified into (out of) accumulated other comprehensive loss					0	0
Other comprehensive loss					1	0
Ending balance	(1)		(2)		(1)	(2)
Net Unrealized Losses on Retirement Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(130)		(178)	(130)	(178)
Other comprehensive income (loss) before reclassifications					(2)	0
Amounts reclassified into (out of) accumulated other comprehensive loss					17	10
Other comprehensive loss					15	10
Ending balance	(115)		(168)		(115)	(168)
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ (1,019)		$ (334)	(1,019)	(334)
Other comprehensive income (loss) before reclassifications					(872)	(262)
Amounts reclassified into (out of) accumulated other comprehensive loss					0	0
Other comprehensive loss					(872)	(262)
Ending balance	$ (1,891)		$ (596)		$ (1,891)	$ (596)

Shareholders' Equity - Adjustme

Shareholders' Equity - Adjustments to Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Class of Stock [Line Items]
Net interest income reclassified from other comprehensive income	$ (584)		$ (467)		$ (1,093)	$ (934)
Compensation and employee benefits expenses	1,046		1,077		2,278	2,319
Total reclassifications into (out of) Accumulated other comprehensive loss	(747)	$ (604)	(763)	$ (519)	(1,351)	(1,282)
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, tax	3		7		9	13
Other comprehensive (income) loss, actuarial losses, tax	1		1		7	4
Reclassification out of Accumulated Other Comprehensive Income
Class of Stock [Line Items]
Total reclassifications into (out of) Accumulated other comprehensive loss	(4)		(16)		(5)	(23)
Reclassification out of Accumulated Other Comprehensive Income | Net Unrealized Gains (Losses) on Cash Flow Hedges
Class of Stock [Line Items]
Net interest income reclassified from other comprehensive income	(6)		(18)		(22)	(33)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of Actuarial Losses
Class of Stock [Line Items]
Compensation and employee benefits expenses	$ 2		$ 2		$ 17	$ 10

Regulatory Capital (Details)

Regulatory Capital (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Retained earnings	$ 26,115	$ 25,238
Capital ratio: required common equity tier 1 capital	8%	8%
Capital ratio: required tier 1 capital	0.095	0.095
Capital ratio: required total capital	0.115	0.115
Tier 1 leverage capital ratio, minimum	0.040	0.040
Capital conservation buffer	0.025
Stress capital buffer	2.50%
Global systemically important bank	0.010
Countercyclical capital buffer	0
Basel III Advanced Approaches
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common stock and related surplus	$ 11,261	$ 11,291
Retained earnings	26,115	25,238
Accumulated other comprehensive income (loss)	(3,687)	(1,133)
Treasury stock, at cost	(9,898)	(10,009)
Total	23,791	25,387
Goodwill and other intangible assets, net of associated deferred tax liabilities	(8,628)	(8,935)
Other adjustments	(281)	(505)
Common equity tier 1 capital	14,882	15,947
Preferred stock	1,976	1,976
Tier 1 capital	16,858	17,923
Qualifying subordinated long-term debt	1,381	1,588
Allowance for credit losses	0	0
Total capital	18,239	19,511
Credit risk	63,259	63,735
Operational risk	45,350	45,550
Market risk	1,838	2,113
Total risk-weighted assets	110,447	111,398
Adjusted quarterly average assets	$ 282,526	$ 293,567
Common equity tier 1 capital	13.50%	14.30%
Tier 1 capital	0.153	0.161
Total capital	0.165	0.175
Tier 1 leverage capital ratio, actual	0.060	0.061
Basel III Standardized Approach
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common stock and related surplus	$ 11,261	$ 11,291
Retained earnings	26,115	25,238
Accumulated other comprehensive income (loss)	(3,687)	(1,133)
Treasury stock, at cost	(9,898)	(10,009)
Total	23,791	25,387
Goodwill and other intangible assets, net of associated deferred tax liabilities	(8,628)	(8,935)
Other adjustments	(281)	(505)
Common equity tier 1 capital	14,882	15,947
Preferred stock	1,976	1,976
Tier 1 capital	16,858	17,923
Qualifying subordinated long-term debt	1,381	1,588
Allowance for credit losses	113	108
Total capital	18,352	19,619
Credit risk	113,566	109,554
Market risk	1,838	2,113
Total risk-weighted assets	115,404	111,667
Adjusted quarterly average assets	$ 282,526	$ 293,567
Common equity tier 1 capital	12.90%	14.30%
Tier 1 capital	0.146	0.161
Total capital	0.159	0.176
Tier 1 leverage capital ratio, actual	0.060	0.061
State Street Bank | Basel III Advanced Approaches
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common stock and related surplus	$ 13,033	$ 13,047
Retained earnings	17,025	15,700
Accumulated other comprehensive income (loss)	(3,410)	(926)
Treasury stock, at cost	0	0
Total	26,648	27,821
Goodwill and other intangible assets, net of associated deferred tax liabilities	(8,370)	(8,667)
Other adjustments	(104)	(309)
Common equity tier 1 capital	18,174	18,845
Preferred stock	0	0
Tier 1 capital	18,174	18,845
Qualifying subordinated long-term debt	545	752
Allowance for credit losses	0	0
Total capital	18,719	19,597
Credit risk	56,041	57,405
Operational risk	42,700	42,813
Market risk	1,838	2,113
Total risk-weighted assets	100,579	102,331
Adjusted quarterly average assets	$ 279,665	$ 290,403
Common equity tier 1 capital	18.10%	18.40%
Tier 1 capital	0.181	0.184
Total capital	0.186	0.192
Tier 1 leverage capital ratio, actual	0.065	0.065
State Street Bank | Basel III Standardized Approach
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common stock and related surplus	$ 13,033	$ 13,047
Retained earnings	17,025	15,700
Accumulated other comprehensive income (loss)	(3,410)	(926)
Treasury stock, at cost	0	0
Total	26,648	27,821
Goodwill and other intangible assets, net of associated deferred tax liabilities	(8,370)	(8,667)
Other adjustments	(104)	(309)
Common equity tier 1 capital	18,174	18,845
Preferred stock	0	0
Tier 1 capital	18,174	18,845
Qualifying subordinated long-term debt	545	752
Allowance for credit losses	113	108
Total capital	18,832	19,705
Credit risk	110,950	106,405
Market risk	1,838	2,113
Total risk-weighted assets	112,788	108,518
Adjusted quarterly average assets	$ 279,665	$ 290,403
Common equity tier 1 capital	16.10%	17.40%
Tier 1 capital	0.161	0.174
Total capital	0.167	0.182
Tier 1 leverage capital ratio, actual	0.065	0.065

Net Interest Income (Details)

Net Interest Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Interest-bearing deposits with banks	$ 70	$ (4)	$ 79	$ (13)
Investment securities:
Investment securities available-for-sale	122	145	276	285
Investment securities held-to-maturity	230	163	401	343
Investment securities purchased under money market liquidity facility	0	0	0	4
Total investment securities	352	308	677	632
Securities purchased under resale agreements	38	3	48	13
Loans	199	157	371	298
Other interest-earning assets	45	3	50	8
Total interest income	704	467	1,225	938
Interest expense:
Interest-bearing deposits	23	(65)	(40)	(134)
Short-term borrowings under money market liquidity facility	0	0	0	4
Securities sold under repurchase agreements	3	0	3	0
Other short-term borrowings	1	1	1	1
Long-term debt	72	54	137	114
Other interest-bearing liabilities	21	10	31	19
Interest expense	120	0	132	4
Net interest income	$ 584	$ 467	$ 1,093	$ 934

Expenses - Schedule of Expenses

Expenses - Schedule of Expenses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Expenses [Abstract]
Professional services	$ 84	$ 75	$ 181	$ 155
Sales advertising public relations	22	16	41	33
Regulatory fees and assessments	20	19	40	37
Securities processing	12	2	20	14
Bank operations	9	2	13	4
Insurance	2	3	6	6
Donations	7	0	13
Other	106	82	191	172
Total other expenses	$ 262	$ 199	$ 505	$ 421

Expenses - Narrative (Details)

Expenses - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
BBH Investor Services
Restructuring Cost and Reserve [Line Items]
Acquisitions costs	$ 12		$ 21
Charles River Development
Restructuring Cost and Reserve [Line Items]
Acquisitions costs		$ 11		$ 22

Expenses - Restructuring Reserv

Expenses - Restructuring Reserve (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022
Restructuring Reserve [Roll Forward]
Beginning balance	$ 56	$ 74	$ 186	$ 196	$ 74
Accruals				2	45
Payments and Other Adjustments	(11)	(18)	(34)	(11)
Ending balance		56	152	186
State Street Beacon
Restructuring Reserve [Roll Forward]
Accruals				(1)
Employee Related Costs
Restructuring Reserve [Roll Forward]
Beginning balance	51	68	180	190	68
Accruals				0	40
Payments and Other Adjustments	(11)	(17)	(34)	(9)
Ending balance		51	146	180
Employee Related Costs | State Street Beacon
Restructuring Reserve [Roll Forward]
Accruals				(1)
Real Estate Actions
Restructuring Reserve [Roll Forward]
Beginning balance	5	6	6	6	6
Accruals				2	5
Payments and Other Adjustments	0	(1)	0	(2)
Ending balance		5	6	6
Real Estate Actions | State Street Beacon
Restructuring Reserve [Roll Forward]
Accruals				0
Asset and Other Write-offs
Restructuring Reserve [Roll Forward]
Beginning balance	0	0	0	0	0
Accruals				0	$ 0
Payments and Other Adjustments	$ 0	0	0	0
Ending balance		$ 0	$ 0	0
Asset and Other Write-offs | State Street Beacon
Restructuring Reserve [Roll Forward]
Accruals				$ 0

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income	$ 747	$ 604	$ 763	$ 519	$ 1,351	$ 1,282
Preferred stock dividends	(35)		(34)		(55)	(64)
Dividends and undistributed earnings allocated to participating securities	0		(1)		(1)	(1)
Net income available to common shareholders, basic	712		728		1,295	1,217
Net income available to common shareholders, diluted	$ 712		$ 728		$ 1,295	$ 1,217
Basic average common shares (in shares)	367,375		345,889		366,961	348,303
Effect of dilutive securities: common stock options and common stock awards (in shares)	4,748		5,693		5,119	5,131
Diluted average common shares (in shares)	372,123		351,582		372,080	353,434
Anti-dilutive securities (in shares)	1,990		176		741	192
Earnings per common share, basic:
Basic (in USD per share)	$ 1.94		$ 2.11		$ 3.53	$ 3.49
Earnings per common share, diluted:
Diluted (in USD per share)	$ 1.91		$ 2.07		$ 3.48	$ 3.44

Line of Business Information -

Line of Business Information - Narrative (Details) - 6 months ended Jun. 30, 2022	segment	line_of_business
Segment Reporting [Abstract]
Number of lines of business	2	2

Line of Business Information _2

Line of Business Information - Summary of Line of Business (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Servicing fees	$ 1,297	$ 1,394	$ 2,665	$ 2,763
Management fees	490	504	1,010	997
Foreign exchange trading services	331	286	690	632
Securities finance	107	109	203	208
Software and processing fees	188	211	389	371
Other fee revenue	(43)	10	(14)	26
Total fee revenue	2,370	2,514	4,943	4,997
Net interest income	584	467	1,093	934
Total other income	(1)	53	(2)	53
Total revenue	2,953	3,034	6,034	5,984
Provision for credit losses	10	(15)	10	(24)
Total expenses	2,108	2,111	4,435	4,443
Income before income tax expense	$ 835	$ 938	$ 1,589	$ 1,565
Pre-tax margin	28%	31%	26%	26%
Operating Segments | Investment Servicing
Segment Reporting Information [Line Items]
Servicing fees	$ 1,297	$ 1,394	$ 2,665	$ 2,763
Management fees	0	0	0	0
Foreign exchange trading services	313	270	655	603
Securities finance	102	106	195	201
Software and processing fees	188	211	389	371
Other fee revenue	(12)	3	34	17
Total fee revenue	1,888	1,984	3,938	3,955
Net interest income	588	468	1,097	941
Total other income	(1)	0	(2)	0
Total revenue	2,475	2,452	5,033	4,896
Provision for credit losses	10	(15)	10	(24)
Total expenses	1,767	1,755	3,692	3,634
Income before income tax expense	$ 698	$ 712	$ 1,331	$ 1,286
Pre-tax margin	28%	29%	26%	26%
Operating Segments | Investment Management
Segment Reporting Information [Line Items]
Servicing fees	$ 0	$ 0	$ 0	$ 0
Management fees	490	504	1,010	997
Foreign exchange trading services	18	16	35	29
Securities finance	5	3	8	7
Software and processing fees	0	0	0	0
Other fee revenue	(31)	7	(48)	9
Total fee revenue	482	530	1,005	1,042
Net interest income	(4)	(1)	(4)	(7)
Total other income	0	0	0	0
Total revenue	478	529	1,001	1,035
Provision for credit losses	0	0	0	0
Total expenses	327	346	716	743
Income before income tax expense	$ 151	$ 183	$ 285	$ 292
Pre-tax margin	32%	35%	28%	28%
Other
Segment Reporting Information [Line Items]
Servicing fees	$ 0	$ 0	$ 0	$ 0
Management fees	0	0	0	0
Foreign exchange trading services	0	0	0	0
Securities finance	0	0	0	0
Software and processing fees	0	0	0	0
Other fee revenue	0	0		0
Total fee revenue	0	0	0	0
Net interest income	0	0	0	0
Total other income	0	53	0	53
Total revenue	0	53	0	53
Provision for credit losses	0	0	0	0
Total expenses	14	10	27	66
Income before income tax expense	$ (14)	$ 43	$ (27)	$ (13)

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) segment	Jun. 30, 2022 USD ($) line_of_business	Dec. 31, 2021 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of lines of business	2	2
Accrued Interest and Fees Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables related to contracts with customers	$ 2,890	$ 2,890	$ 2,760

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Disaggregation of Revenues (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Servicing fees	$ 1,297	$ 1,394	$ 2,665	$ 2,763
Management fees	490	504	1,010	997
Foreign exchange trading services	331	286	690	632
Securities finance	107	109	203	208
Software and processing fees	188	211	389	371
Other fee revenue	(43)	10	(14)	26
Total fee revenue	2,370	2,514	4,943	4,997
Net interest income	584	467	1,093	934
Total other income	(1)	53	(2)	53
Total revenue	2,953	3,034	6,034	5,984
Operating Segments | Investment Servicing
Disaggregation of Revenue [Line Items]
Topic 606 revenue	1,586	1,699	3,260	3,333
All other revenue	889	753	1,773	1,563
Servicing fees	1,297	1,394	2,665	2,763
Management fees	0	0	0	0
Foreign exchange trading services	313	270	655	603
Securities finance	102	106	195	201
Software and processing fees	188	211	389	371
Other fee revenue	(12)	3	34	17
Total fee revenue	1,888	1,984	3,938	3,955
Net interest income	588	468	1,097	941
Total other income	(1)	0	(2)	0
Total revenue	2,475	2,452	5,033	4,896
Operating Segments | Investment Servicing | Servicing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	1,297	1,394	2,665	2,763
All other revenue	0	0	0	0
Servicing fees	1,297	1,394	2,665	2,763
Operating Segments | Investment Servicing | Management fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Management fees	0	0	0	0
Operating Segments | Investment Servicing | Foreign exchange trading services
Disaggregation of Revenue [Line Items]
Topic 606 revenue	90	83	191	178
All other revenue	223	187	464	425
Foreign exchange trading services	313	270	655	603
Operating Segments | Investment Servicing | Securities finance
Disaggregation of Revenue [Line Items]
Topic 606 revenue	61	61	115	121
All other revenue	41	45	80	80
Securities finance	102	106	195	201
Operating Segments | Investment Servicing | Software and processing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	138	161	289	271
All other revenue	50	50	100	100
Software and processing fees	188	211	389	371
Operating Segments | Investment Servicing | Other fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	(12)	3	34	17
Other fee revenue	(12)	3	34	17
Operating Segments | Investment Servicing | Total fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	1,586	1,699	3,260	3,333
All other revenue	302	285	678	622
Total fee revenue	1,888	1,984	3,938	3,955
Operating Segments | Investment Servicing | Net interest income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	588	468	1,097	941
Net interest income	588	468	1,097	941
Operating Segments | Investment Servicing | Total other income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	(1)	0	(2)	0
Total other income	(1)	0	(2)	0
Operating Segments | Investment Management
Disaggregation of Revenue [Line Items]
Topic 606 revenue	508	520	1,045	1,026
All other revenue	(30)	9	(44)	9
Servicing fees	0	0	0	0
Management fees	490	504	1,010	997
Foreign exchange trading services	18	16	35	29
Securities finance	5	3	8	7
Software and processing fees	0	0	0	0
Other fee revenue	(31)	7	(48)	9
Total fee revenue	482	530	1,005	1,042
Net interest income	(4)	(1)	(4)	(7)
Total other income	0	0	0	0
Total revenue	478	529	1,001	1,035
Operating Segments | Investment Management | Servicing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Servicing fees	0	0	0	0
Operating Segments | Investment Management | Management fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	490	504	1,010	997
All other revenue	0	0	0	0
Management fees	490	504	1,010	997
Operating Segments | Investment Management | Foreign exchange trading services
Disaggregation of Revenue [Line Items]
Topic 606 revenue	18	16	35	29
All other revenue	0	0	0	0
Foreign exchange trading services	18	16	35	29
Operating Segments | Investment Management | Securities finance
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	5	3	8	7
Securities finance	5	3	8	7
Operating Segments | Investment Management | Software and processing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue		0	0	0
Software and processing fees	0	0	0	0
Operating Segments | Investment Management | Other fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	(31)	7	(48)	9
Other fee revenue	(31)	7	(48)	9
Operating Segments | Investment Management | Total fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	508	520	1,045	1,026
All other revenue	(26)	10	(40)	16
Total fee revenue	482	530	1,005	1,042
Operating Segments | Investment Management | Net interest income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	(4)	(1)	(4)	(7)
Net interest income	(4)	(1)	(4)	(7)
Operating Segments | Investment Management | Total other income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Total other income	0	0	0	0
Other
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	53	0	53
Servicing fees	0	0	0	0
Management fees	0	0	0	0
Foreign exchange trading services	0	0	0	0
Securities finance	0	0	0	0
Software and processing fees	0	0	0	0
Other fee revenue	0	0		0
Total fee revenue	0	0	0	0
Net interest income	0	0	0	0
Total other income	0	53	0	53
Total revenue	0	53	0	53
Other | Servicing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Servicing fees	0	0	0	0
Other | Management fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Management fees	0	0	0	0
Other | Foreign exchange trading services
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Foreign exchange trading services	0	0	0	0
Other | Securities finance
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Securities finance	0	0	0	0
Other | Software and processing fees
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Software and processing fees	0	0	0	0
Other | Other fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Other fee revenue	0	0	0	0
Other | Total fee revenue
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Total fee revenue	0	0	0	0
Other | Net interest income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	0	0	0
Net interest income	0	0	0	0
Other | Total other income
Disaggregation of Revenue [Line Items]
Topic 606 revenue	0	0	0	0
All other revenue	0	53	0	53
Total other income	$ 0	$ 53	$ 0	$ 53

Non-U.S. Activities - Schedule

Non-U.S. Activities - Schedule of Results from Non-U.S. Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Total revenue	$ 2,953	$ 3,034	$ 6,034	$ 5,984
Income before income tax expense	835	938	1,589	1,565
Non-U.S.
Segment Reporting Information [Line Items]
Total revenue	1,336	1,325	2,715	2,670
Income before income tax expense	407	396	772	733
U.S.
Segment Reporting Information [Line Items]
Total revenue	1,617	1,709	3,319	3,314
Income before income tax expense	$ 428	$ 542	$ 817	$ 832

Non-U.S. Activities - Narrative

Non-U.S. Activities - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total assets	$ 300,223	$ 314,624
Non-U.S.
Segment Reporting Information [Line Items]
Total assets	$ 93,350	$ 109,410