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Revenue Recognition (Schedule of Disaggregated Revenue) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Disaggregation of Revenue [Line Items]        
Cash and cash equivalents $ 547 $ 133 $ 960 $ 167
Cash and investments segregated 324 79 756 94
Receivables from brokerage clients 1,167 706 2,251 1,332
Available for sale securities 791 1,088 1,616 2,035
Held to maturity securities 720 339 1,466 717
Bank loans 410 230 801 417
Securities lending revenue 124 130 236 259
Other interest revenue 21 5 34 8
Interest revenue 4,104 2,710 8,120 5,029
Bank deposits (863) (28) (1,481) (44)
Payables to brokerage clients (64) (4) (139) (6)
Other short-term borrowings (97) (4) (183) (8)
Federal Home Loan Bank borrowings (606) 0 (910) 0
Long-term debt (157) (124) (296) (232)
Securities lending expense (28) (8) (50) (15)
Other interest expense 1 2 (1) 3
Interest expense (1,814) (166) (3,060) (302)
Net interest revenue 2,290 2,544 5,060 4,727
Total net revenues 4,656 5,093 9,772 9,765
Asset management and administration fees [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers [1] 1,173 1,052 2,291 2,120
Asset Management and administration fees, Mutual funds, ETFs, and CTFs [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 630 515 1,215 1,004
Asset Management and administration fees, Advice solutions [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 464 461 917 957
Asset Management and administration fees, Other [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 79 76 159 159
Trading revenue [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 803 885 1,695 1,848
Trading revenue, Commissions [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 394 443 816 927
Trading revenue, Order Flow Revenue [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 365 430 779 900
Trading revenue, Principal Transactions [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 44 12 100 21
Bank deposit account fees [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 175 352 326 646
Other [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 215 $ 260 $ 400 $ 424
[1] No fee waivers were recognized for the three and six months ended June 30, 2023. Includes fee waivers of $3 million and $57 million for the three and six months ended June 30, 2022, respectively.