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INCOME TAXES - Components of Income Tax Provision (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current                      
Federal                 $ 305 $ 365 $ 834
Non-U.S.                 4,113 4,352 4,290
State                 440 323 284
Total current income taxes                 4,858 5,040 5,408
Deferred                      
Federal                 (1,430) (907) (620)
Non-U.S.                 (690) 10 371
State                 (213) 287 198
Total deferred income taxes [1]                 (2,333) (610) (51)
Provision for income tax on continuing operations before non-controlling interests $ 1,116 $ 777 $ 52 $ 580 $ 703 $ 1,079 $ 1,373 $ 1,275 2,525 4,430 5,357
Provision (benefit) for income taxes on discontinued operations                 0 (27) (18)
Income tax expense (benefit) reported in stockholders’ equity related to:                      
FX translation                 23 (11) (263)
Investment securities                 1,214 648 (346)
Employee stock plans                 (4) (16) (2)
Cash flow hedges                 455 269 (8)
Benefit plans                 (23) (119) (20)
FVO DVA                 (141) (337) 302
Excluded fair value hedges                 (8) 8 (17)
Retained earnings                 (911) 46 (305)
Income taxes before noncontrolling interests                 3,130 4,891 4,680
Provision (benefit) for effect of securities transactions                 454 373 104
Benefit for effect of other-than-temporary-impairment losses                 $ (14) $ (9) $ (32)
[1] Operating and finance lease right-of-use assets and lease liabilities represent non-cash investing and financing activities, respectively, and are not included in the non-cash investing activities presented here. See Note 26 to the Consolidated Financial Statements for more information and balances as of December 31, 2020 and 2019.