XML 34 R133.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value, Estimates for Financial Instruments Excluding those Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Financial assets    
Cash and due from banks $ 22,738 $ 21,757
Interest-earning deposits with banks 128,071 119,493
Federal funds sold and securities purchased under resale agreements 86,465 102,140
Held-to-maturity, amortized cost, net 169,909 153,933 [1]
Loans, net 998,580 952,714
Financial liabilities    
Deposits 1,376,532 1,322,626
Short-term borrowings 92,289 104,512
Long-term debt 237,342 228,191
Mortgage loans [Member]    
Financial assets    
Loans held for sale [2] 21,795 23,342
Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale [2] 1,883 977
Carrying amount [Member]    
Financial assets    
Cash and due from banks 22,738 21,757
Interest-earning deposits with banks 128,071 119,493
Federal funds sold and securities purchased under resale agreements 86,465 102,140
Held-to-maturity, amortized cost, net 169,909 153,933
Loans, net 979,449 933,042
Nonmarketable equity securities 4,512 4,790
Financial assets fair value disclosure 1,396,484 1,341,896
Financial liabilities    
Deposits 110,841 118,849
Short-term borrowings 92,289 104,512
Long-term debt 237,311 228,159
Financial liabilities fair value disclosure 440,441 451,520
Fair Value Disclosures, Textual [Abstract]    
Deposit liabilities with no defined or contractual maturity 1,300,000 1,200,000
Carrying amount [Member] | Finance leases [Member]    
Financial liabilities    
Long-term debt 31 32
Carrying amount [Member] | Mortgage loans [Member]    
Financial assets    
Loans held for sale 5,130 6,736
Carrying amount [Member] | Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale 210 5
Carrying amount [Member] | Commercial lease financing receivable [Member]    
Financial assets    
Loans, net 19,000 19,500
Estimated fair value [Member]    
Financial assets    
Cash and due from banks 22,738 21,757
Interest-earning deposits with banks 128,071 119,493
Federal funds sold and securities purchased under resale agreements 86,465 102,140
Held-to-maturity, amortized cost, net 177,562 156,860
Loans, net 976,422 945,839
Nonmarketable equity securities 4,548 4,823
Financial assets fair value disclosure 1,401,693 1,358,577
Financial liabilities    
Deposits 111,297 119,137
Short-term borrowings 92,289 104,513
Long-term debt 228,215 233,052
Financial liabilities fair value disclosure 431,801 456,702
Fair Value Disclosures, Textual [Abstract]    
Loan commitments and standby, commercial and similar letters of credit 853 1,000
Estimated fair value [Member] | Mortgage loans [Member]    
Financial assets    
Loans held for sale 5,677 7,660
Estimated fair value [Member] | Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale 210 5
Estimated fair value [Member] | Fair value, inputs, level 1 [Member]    
Financial assets    
Cash and due from banks 22,738 21,757
Interest-earning deposits with banks 127,831 119,257
Federal funds sold and securities purchased under resale agreements 0 0
Held-to-maturity, amortized cost, net 50,691 46,138
Loans, net 0 0
Nonmarketable equity securities 0 0
Financial assets fair value disclosure 201,260 187,152
Financial liabilities    
Deposits 0 0
Short-term borrowings 0 0
Long-term debt 0 0
Financial liabilities fair value disclosure 0 0
Estimated fair value [Member] | Fair value, inputs, level 1 [Member] | Mortgage loans [Member]    
Financial assets    
Loans held for sale 0 0
Estimated fair value [Member] | Fair value, inputs, level 1 [Member] | Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale 0 0
Estimated fair value [Member] | Fair value, inputs, level 2 [Member]    
Financial assets    
Cash and due from banks 0 0
Interest-earning deposits with banks 240 236
Federal funds sold and securities purchased under resale agreements 86,465 102,140
Held-to-maturity, amortized cost, net 126,030 109,933
Loans, net 53,806 54,125
Nonmarketable equity securities 0 0
Financial assets fair value disclosure 269,036 269,378
Financial liabilities    
Deposits 82,565 87,279
Short-term borrowings 92,289 104,513
Long-term debt 226,294 231,332
Financial liabilities fair value disclosure 401,148 423,124
Estimated fair value [Member] | Fair value, inputs, level 2 [Member] | Mortgage loans [Member]    
Financial assets    
Loans held for sale 2,285 2,939
Estimated fair value [Member] | Fair value, inputs, level 2 [Member] | Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale 210 5
Estimated fair value [Member] | Fair value, inputs, level 3 [Member]    
Financial assets    
Cash and due from banks 0 0
Interest-earning deposits with banks 0 0
Federal funds sold and securities purchased under resale agreements 0 0
Held-to-maturity, amortized cost, net 841 789
Loans, net 922,616 891,714
Nonmarketable equity securities 4,548 4,823
Financial assets fair value disclosure 931,397 902,047
Financial liabilities    
Deposits 28,732 31,858
Short-term borrowings 0 0
Long-term debt 1,921 1,720
Financial liabilities fair value disclosure 30,653 33,578
Estimated fair value [Member] | Fair value, inputs, level 3 [Member] | Mortgage loans [Member]    
Financial assets    
Loans held for sale 3,392 4,721
Estimated fair value [Member] | Fair value, inputs, level 3 [Member] | Loans, excluding mortgage loans [Member]    
Financial assets    
Loans held for sale $ 0 $ 0
[1]
(1)
Prior to our adoption of CECL on January 1, 2020, the allowance for credit losses (ACL) related to available-for-sale (AFS) and held-to-maturity (HTM) debt securities was not applicable and is therefore presented as $0 at December 31, 2019. For more information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report.
[2]
(2)
Parenthetical amounts represent assets and liabilities that we are required to carry at fair value or have elected the fair value option.