Derivatives and Hedge Accounting - Fair Value Hedging Relationships (Details) - Derivatives designated as hedging instruments - Fair value hedging - Foreign exchange contracts - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
|
Derivative instruments gain (loss): | ||||
Gains/(losses) recognized in earnings on hedging derivatives | $ 53 | $ 8 | $ (62) | $ (183) |
Gains/(losses) recognized in earnings for excluded components | 6 | (6) | (21) | (8) |
Gains/(losses) recognized in earnings for hedged items | (53) | (8) | 62 | 183 |
Net Impact | $ 6 | $ (6) | $ (21) | $ (8) |