XML 60 R51.htm IDEA: XBRL DOCUMENT v3.22.2.2
Derivative And Credit-Related Financial Instruments (Schedule Of Derivative Instruments) (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] $ 67,381 $ 41,638
Fair Value of Gross Derivative Assets 1,617 928
Fair Value of Gross Derivative Liabilities 2,131 747
Derivative assets, Netting adjustment - Offsetting derivative liabilities (785) (187)
Derivative liabilities, Netting adjustment - Offsetting derivative assets (785) (187)
Derivative assets, Netting adjustment - Cash collateral received (194) (15)
Derivative liabilities, Netting adjustment, Cash collateral posted (277) (452)
Net derivative assets included in the Consolidated Balance Sheets [2] 638 726
Net derivative liabilities included in the Consolidated Balance Sheets [2] 1,069 108
Derivative asset, securities pledged as collateral (28) 0
Derivative liability, securities pledged as collateral (128) (52)
Net derivative assets after deducting amounts not offset in the Consolidated Balance Sheets 610 726
Net derivative liabilities after deducting amounts not offset in the Consolidated Balance Sheets 941 56
Credit valuation adjustments for counterparty credit risk 3 9
Risk management purposes    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 29,710 11,152
Fair Value of Gross Derivative Assets 4 0
Fair Value of Gross Derivative Liabilities 112 2
Risk management purposes | Derivatives designated as hedging instruments | Swaps - fair value - receive fixed/pay floating | Interest rate swap    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 3,150 2,650
Fair Value of Gross Derivative Assets 0 0
Fair Value of Gross Derivative Liabilities 0 0
Risk management purposes | Derivatives designated as hedging instruments | Swaps - cash flow - receive fixed/pay floating rate | Interest rate swap    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1],[3] 26,100 8,050
Fair Value of Gross Derivative Assets [3] 0 0
Fair Value of Gross Derivative Liabilities [3] 109 0
Risk management purposes | Derivatives used as economic hedges | Foreign exchange spot, forwards and swaps    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 460 452
Fair Value of Gross Derivative Assets 4 0
Fair Value of Gross Derivative Liabilities 3 2
Customer-initiated and other activities    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 37,671 30,486
Fair Value of Gross Derivative Assets 1,613 928
Fair Value of Gross Derivative Liabilities 2,019 745
Customer-initiated and other activities | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 20,471 21,000
Fair Value of Gross Derivative Assets 212 239
Fair Value of Gross Derivative Liabilities 632 69
Customer-initiated and other activities | Interest rate caps and floors written    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 924 809
Fair Value of Gross Derivative Assets 0 0
Fair Value of Gross Derivative Liabilities 23 3
Customer-initiated and other activities | Interest rate caps and floors purchased    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 924 809
Fair Value of Gross Derivative Assets 23 3
Fair Value of Gross Derivative Liabilities 0 0
Customer-initiated and other activities | Interest rate swap    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 18,623 19,382
Fair Value of Gross Derivative Assets 189 236
Fair Value of Gross Derivative Liabilities 609 66
Customer-initiated and other activities | Energy contracts    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 14,742 7,770
Fair Value of Gross Derivative Assets 1,325 670
Fair Value of Gross Derivative Liabilities 1,316 662
Customer-initiated and other activities | Energy caps and floors written    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 4,076 1,779
Fair Value of Gross Derivative Assets 0 0
Fair Value of Gross Derivative Liabilities 544 203
Customer-initiated and other activities | Energy caps and floors purchased    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 4,076 1,779
Fair Value of Gross Derivative Assets 544 204
Fair Value of Gross Derivative Liabilities 0 0
Customer-initiated and other activities | Energy swaps    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 6,590 4,212
Fair Value of Gross Derivative Assets 781 466
Fair Value of Gross Derivative Liabilities 772 459
Customer-initiated and other activities | Foreign exchange spot, forwards, options and swaps    
Derivatives, Fair Value [Line Items]    
Derivative, Notional Amount [1] 2,458 1,716
Fair Value of Gross Derivative Assets 76 19
Fair Value of Gross Derivative Liabilities $ 71 $ 14
[1] Notional or contractual amounts, which represent the extent of involvement in the derivatives market, are used to determine the contractual cash flows required in accordance with the terms of the agreement. These amounts are typically not exchanged, significantly exceed amounts subject to credit or market risk and are not reflected in the Consolidated Balance Sheets.
[2] Net derivative assets are included in accrued income and other assets and net derivative liabilities are included in accrued expenses and other liabilities on the Consolidated Balance Sheets. Included in the fair value of net derivative assets and net derivative liabilities are credit valuation adjustments reflecting counterparty credit risk and credit risk of the Corporation. The fair value of net derivative assets included credit valuation adjustments for counterparty credit risk of $3 million and $9 million at September 30, 2022 and December 31, 2021, respectively.
[3] September 30, 2022 included $10.8 billion of forward starting swaps that will become effective on their contractual start dates in 2022, 2023 and 2024.