XML 108 R95.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Values of Assets and Liabilities - Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative liabilities netting $ (2,084) $ (1,589)    
Derivative assets netting (2,313) (1,609)    
Available-for-sale securities 123,593 [1] 132,963    
Mortgage loans held for sale 2,203 6,623    
Mortgage servicing rights 3,432 2,953 $ 2,787 $ 2,210
Asset-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7 [2] 66    
Other [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7 7    
Fair Value, Measurements, Recurring [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative liabilities total 2,964 1,309    
Derivative assets total 1,987 2,278    
Available-for-sale securities 123,593 132,963    
Mortgage loans held for sale 2,203 6,623    
Mortgage servicing rights 3,432 2,953    
Other assets 1,845 2,199    
Total 133,060 147,016    
Short-term borrowings and other liabilities [3] 1,644 2,046    
Total 4,608 3,355    
Fair Value, Measurements, Recurring [Member] | Netting and Collateral One [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative liabilities netting (2,084) (1,589)    
Derivative assets netting (2,313) (1,609)    
Total (2,313) (1,609)    
Total (2,084) (1,589)    
Fair Value, Measurements, Recurring [Member] | U.S. Treasury and Agencies [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 26,350 36,609    
Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 10,274 10,717    
Fair Value, Measurements, Recurring [Member] | Residential Mortgage-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 78,992 77,079    
Fair Value, Measurements, Recurring [Member] | Commercial Mortgage-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7,963 8,485    
Fair Value, Measurements, Recurring [Member] | Asset-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7 66    
Fair Value, Measurements, Recurring [Member] | Other [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7 7    
Level 1 [Member] | Fair Value, Measurements, Recurring [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative assets before netting 5 8    
Available-for-sale securities 20,924 30,917    
Other assets 256 278    
Total 21,185 31,203    
Short-term borrowings and other liabilities [3] 215 209    
Total 215 209    
Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Treasury and Agencies [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 20,924 30,917    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative liabilities before netting 3,127 2,308    
Derivative assets before netting 3,385 2,490    
Available-for-sale securities 102,661 102,038    
Mortgage loans held for sale 2,203 6,623    
Other assets 1,589 1,921    
Total 109,838 113,072    
Short-term borrowings and other liabilities [3] 1,429 1,837    
Total 4,556 4,145    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Treasury and Agencies [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 5,426 5,692    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 10,273 10,716    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Residential Mortgage-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 78,992 77,079    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Commercial Mortgage-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7,963 8,485    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities   59    
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Other [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 7 7    
Level 3 [Member] | Fair Value, Measurements, Recurring [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative liabilities before netting 1,921 590    
Derivative assets before netting 910 1,389    
Available-for-sale securities 8 8    
Mortgage servicing rights 3,432 2,953    
Total 4,350 4,350    
Total 1,921 590    
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities 1 1    
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-Backed Securities [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Available-for-sale securities $ 7 $ 7    
[1] The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.
[2] Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.
[3] Primarily represents the Company’s obligation on securities sold short required to be accounted for at fair value per applicable accounting guidance.