XML 91 R79.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative Financial Instruments - Fair Value of Derivatives and Balance Offsetting (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Jun. 30, 2018
Derivatives, Fair Value [Line Items]    
Derivative Assets $ 45,297 $ 33,936
Derivative Liabilities 43,413 33,551
Netting assets [1],[2] 36,394 27,075
Netting liabilities [1],[2] 36,394 27,075
Less: Gross amounts of cash collateral received subject to enforceable master netting agreements(5)(6) [1],[3] 4,480 3,166
Less: Gross amounts of cash collateral posted subject to enforceable master netting agreements(5)(6) [1],[3] 3,823 4,178
Derivative Asset 4,423 3,695
Derivative Liability 3,196 2,298
Less: Gross amounts of financial instrument collateral received not offset 742 663
Less: Gross amounts of financial instrument collateral posted not offset 370 394
Net amount of derivative asset 3,681 3,032
Net amount of derivative liability 2,826 1,904
Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Less: Gross amounts of cash collateral received subject to enforceable master netting agreements(5)(6) 3,423 2,472
Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Less: Gross amounts of cash collateral posted subject to enforceable master netting agreements(5)(6) 3,680 4,058
Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4] 98 36
Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4] 632 109
Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5] 23,460 9,934
Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5] 23,582 10,911
Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4] 689 124
Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4] 224 282
Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5] 15,750 18,198
Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5] 14,666 17,550
Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5] 554 836
Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5] 721 702
Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5] 656 943
Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5] 560 799
Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4] 84 0
Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4] 524 100
Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4] 4 0
Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4] 108 9
OTC Cleared [Member]    
Derivatives, Fair Value [Line Items]    
Increase (decrease) in derivative assets (11,500)  
Increase (decrease) in derivative liabilities (10,300)  
OTC Cleared [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 11,905 122
OTC Cleared [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 10,526 14
OTC Cleared [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 519 0
OTC Cleared [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 60 0
OTC Cleared [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 67 161
OTC Cleared [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 75 156
OTC Cleared [Member] | Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 84 0
OTC Cleared [Member] | Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 390 0
OTC Cleared [Member] | Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 4 0
OTC Cleared [Member] | Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 86 0
Bilateral OTC [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 11,549 9,805
Bilateral OTC [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 12,997 10,765
Bilateral OTC [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 170 124
Bilateral OTC [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 164 282
Bilateral OTC [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 15,746 18,197
Bilateral OTC [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 14,666 17,550
Bilateral OTC [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 0 42
Bilateral OTC [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 0 18
Bilateral OTC [Member] | Equity contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 2,820 2,831
Bilateral OTC [Member] | Equity contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 2,806 2,812
Bilateral OTC [Member] | Equity contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 1,264 968
Bilateral OTC [Member] | Equity contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 145 298
Bilateral OTC [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 502 732
Bilateral OTC [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 613 674
Bilateral OTC [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 0 0
Bilateral OTC [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 1 0
Bilateral OTC [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 589 782
Bilateral OTC [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 485 643
Bilateral OTC [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 0 16
Bilateral OTC [Member] | Credit contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 24 11
Bilateral OTC [Member] | Other Contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6],[7] 6 8
Bilateral OTC [Member] | Other Contracts [Member] | Not Designated as Hedging Instrument, Other [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6],[7] 52 59
Bilateral OTC [Member] | Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 0 0
Bilateral OTC [Member] | Fair Value Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 134 100
Bilateral OTC [Member] | Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 0 0
Bilateral OTC [Member] | Cash Flow Hedging [Member] | Interest rate contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 22 9
Bilateral OTC [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts [Member] | Designated as Hedging Instrument [Member] | Other assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [4],[6] 10 36
Bilateral OTC [Member] | Cash Flow Hedging [Member] | Foreign exchange contracts [Member] | Designated as Hedging Instrument [Member] | Interest taxes and other liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [4],[6] 0 0
Exchange Traded [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 6 7
Exchange Traded [Member] | Interest rate contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 59 132
Exchange Traded [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 4 1
Exchange Traded [Member] | Foreign exchange contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] 0 0
Exchange Traded [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Assets [5],[6] 52 104
Exchange Traded [Member] | Precious metals contracts [Member] | Not Designated as Hedging Instrument, Trading [Member] | Trading Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Liabilities [5],[6] $ 108 $ 28
[1] Netting is performed at a counterparty level in cases where enforceable master netting agreements are in place, regardless of the type of derivative instrument. Therefore, we have not allocated netting to the different types of derivative instruments shown in the table above.
[2] Represents the netting of derivative receivable and payable balances for the same counterparty under enforceable netting agreements.
[3] Represents the netting of cash collateral posted and received by counterparty under enforceable netting agreements.
[4] Derivative assets / liabilities related to cash flow hedges, fair value hedges and derivative instruments held for purposes other than for trading are recorded in other assets / interest, taxes and other liabilities on the consolidated balance sheet.
[5] Trading related derivative assets / liabilities are recorded in trading assets / trading liabilities on the consolidated balance sheet.
[6] Over-the-counter ("OTC") derivatives include derivatives executed and settled bilaterally with counterparties without the use of an organized exchange or central clearing house. The credit risk associated with bilateral OTC derivatives is managed through obtaining collateral and enforceable master netting agreements. OTC-cleared derivatives are executed bilaterally in the OTC market but then novated to a central clearing counterparty, whereby the central clearing counterparty becomes the counterparty to each of the original counterparties. Exchange traded derivatives are executed directly on an organized exchange. Credit risk is minimized for OTC-cleared derivatives and exchange traded derivatives through daily margining requirements. During the first quarter of 2018, a central clearing counterparty amended its rules for OTC-cleared interest rate derivatives to legally re-characterize daily variation margin payments to be settlement payments as opposed to cash collateral posted. The impact of reflecting the rule change for this central clearing counterparty as of December 31, 2017 would have been a reduction in gross derivative assets and liabilities of approximately $11.5 billion and $10.3 billion, respectively, with corresponding decreases in the related counterparty and cash collateral netting.
[7] Consists of swap agreements entered into in conjunction with the sales of certain Visa Inc. ("Visa") Class B common shares ("Class B Shares").