XML 110 R98.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Derivative Financial Instruments - Notional Amounts and Fair Values for All Derivative Instruments Included in the Condensed Consolidated Balance Sheets (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Derivatives, Fair Value    
Derivative assets, fair value, gross assets $ 2,772 $ 2,672
Derivative liabilities, fair value, gross liabilities 3,223 2,999
Derivative assets 2,777 2,677
Derivative liabilities 3,223 2,999
Amount of variation margin payment applied to derivative asset contracts 576 587
Amount of variation margin payment applied to derivative liability contracts 1,100 721
Designated as Hedging Instrument    
Derivatives, Fair Value    
Derivative assets, fair value, gross assets 5 10
Derivative liabilities, fair value, gross liabilities 39 45
Designated as Hedging Instrument | Fair Value Hedging    
Derivatives, Fair Value    
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 35 32
Designated as Hedging Instrument | Fair Value Hedging | Interest rate swap | Long-term debt    
Derivatives, Fair Value    
Notional amount 5,955 5,955
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 35 32
Designated as Hedging Instrument | Cash Flow Hedging    
Derivatives, Fair Value    
Derivative assets, fair value, gross assets 5 10
Derivative liabilities, fair value, gross liabilities 4 13
Designated as Hedging Instrument | Cash Flow Hedging | Interest rate swap | Commercial and industrial    
Derivatives, Fair Value    
Notional amount 8,000 8,000
Derivative assets, fair value, gross assets 2 2
Derivative liabilities, fair value, gross liabilities 4 11
Designated as Hedging Instrument | Cash Flow Hedging | Interest rate floor | Commercial and industrial    
Derivatives, Fair Value    
Notional amount 3,000 3,000
Derivative assets, fair value, gross assets 0 1
Derivative liabilities, fair value, gross liabilities 0 0
Designated as Hedging Instrument | Cash Flow Hedging | Forward starting interest rate swap | Commercial and industrial    
Derivatives, Fair Value    
Notional amount 6,000 6,000
Derivative assets, fair value, gross assets 2 6
Derivative liabilities, fair value, gross liabilities 0 1
Designated as Hedging Instrument | Cash Flow Hedging | Forward starting interest rate swap | Commercial mortgage and commercial construction    
Derivatives, Fair Value    
Notional amount 4,000 4,000
Derivative assets, fair value, gross assets 1 1
Derivative liabilities, fair value, gross liabilities 0 1
Not Designated as Hedging Instrument    
Derivatives, Fair Value    
Derivative assets 2,772 2,667
Derivative liabilities 3,184 2,954
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes    
Derivatives, Fair Value    
Derivative assets, fair value, gross assets 17 83
Derivative liabilities, fair value, gross liabilities 167 178
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Interest rate contracts related to MSR portfolio    
Derivatives, Fair Value    
Notional amount 3,005 3,205
Derivative assets, fair value, gross assets 13 81
Derivative liabilities, fair value, gross liabilities 1 0
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Forward contracts related to residential mortgage loans measured at fair value | Loans Measured At Fair Value    
Derivatives, Fair Value    
Notional amount 1,310 650
Derivative assets, fair value, gross assets 2 0
Derivative liabilities, fair value, gross liabilities 3 5
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Swap    
Derivatives, Fair Value    
Notional amount 4,478 4,178
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 162 168
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Foreign exchange contracts    
Derivatives, Fair Value    
Notional amount 200 190
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 0 4
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Interest-only strips    
Derivatives, Fair Value    
Notional amount 37 39
Derivative assets, fair value, gross assets 1 1
Derivative liabilities, fair value, gross liabilities 0 0
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Interest rate contracts for collateral management    
Derivatives, Fair Value    
Notional amount 5,000 5,000
Derivative assets, fair value, gross assets 1 1
Derivative liabilities, fair value, gross liabilities 1 1
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Interest rate contracts for LIBOR transition    
Derivatives, Fair Value    
Notional amount 597 597
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 0 0
Not Designated as Hedging Instrument | Risk Management and Other Business Purposes | Other    
Derivatives, Fair Value    
Notional amount 32 30
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities 0 0
Not Designated as Hedging Instrument | Customer Accommodation    
Derivatives, Fair Value    
Derivative assets 2,755 2,584
Derivative liabilities 3,017 2,776
Not Designated as Hedging Instrument | Customer Accommodation | Foreign exchange contracts    
Derivatives, Fair Value    
Notional amount 36,615 37,734
Derivative assets, fair value, gross assets 784 643
Derivative liabilities, fair value, gross liabilities 750 596
Not Designated as Hedging Instrument | Customer Accommodation | Interest rate contracts for LIBOR transition    
Derivatives, Fair Value    
Notional amount 675 675
Not Designated as Hedging Instrument | Customer Accommodation | Interest rate contracts    
Derivatives, Fair Value    
Notional amount 95,913 95,079
Derivative assets, fair value, gross assets 967 885
Derivative liabilities, fair value, gross liabilities 1,268 1,162
Amount of variation margin payment applied to derivative asset contracts 371 335
Amount of variation margin payment applied to derivative liability contracts 67 58
Not Designated as Hedging Instrument | Customer Accommodation | Interest rate lock commitments    
Derivatives, Fair Value    
Notional amount 259 252
Derivative assets, fair value, gross assets 5 5
Derivative liabilities, fair value, gross liabilities 0 0
Not Designated as Hedging Instrument | Customer Accommodation | Commodity contracts    
Derivatives, Fair Value    
Notional amount 17,725 17,621
Derivative assets, fair value, gross assets 999 1,051
Derivative liabilities, fair value, gross liabilities 999 1,018
Not Designated as Hedging Instrument | Customer Accommodation | TBA securities    
Derivatives, Fair Value    
Notional amount 30 27
Derivative assets, fair value, gross assets 0 0
Derivative liabilities, fair value, gross liabilities $ 0 $ 0