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CONSOLIDATED BALANCE SHEET (UNAUDITED) (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets pledged to creditors, trading assets [1] $ 2,053 $ 1,265
Securities available-for-sale, amortized cost 36,352 39,636
Securities available-for-sale, allowance for credit losses 1 1 [2]
Securities held-to-maturity, allowance for credit losses [2] 1 2
Securities held-to-maturity, fair value 6,097 9,369
Loans held for sale 4,927 337
Other assets, allowance for credit losses [3] $ 2 $ 2
Preferred stock, par value (usd per share) $ 0 $ 0
Preferred stock, shares authorized (shares) 40,999,000 40,999,000
Preferred stock, shares issued (shares) 1,265 1,265
Preferred stock, shares outstanding (shares) 1,265 1,265
Common stock, par value (usd per share) $ 5 $ 5
Common stock, shares authorized (shares) 150,000,000 150,000,000
Common stock, shares issued (shares) 714 714
Common stock, shares outstanding (shares) 714 714
Assets:    
Other Assets $ 5,409 $ 6,084
Total assets [4] 201,150 196,434
Liabilities:    
Interest, taxes and other liabilities 3,233 2,665
Total liabilities [4] 182,913 178,143
Variable interest entities [Member]    
Assets:    
Loans 7 10
Other Assets 64 79
Total assets 71 89
Liabilities:    
Interest, taxes and other liabilities 18 10
Total liabilities 18 10
Retail Branches Sold [Member]    
Loans held for sale [5] 2,610  
Student Loan [Member]    
Loans, designated under fair value option 27 32
Loans Held For Sale [Member]    
Loans held-for-sale, designated under fair value option 63 36
Deposits [Member]    
Deposits designated under fair value option 3,000 4,200
Long-term debt [Member]    
Long-term debt designated under fair value option 9,700 10,700
Trading assets [Member]    
Assets pledged to creditors, trading assets 2,053 1,265
Securities available-for-sale [Member]    
Assets pledged to creditors, securities-available-for-sale $ 2,241 $ 2,077
[1] Trading assets are primarily pledged against liabilities associated with repurchase agreements.
[2] See Note 5, "Securities," for additional information regarding the allowance for credit losses associated with our security portfolios.
[3] Primarily includes accrued interest receivables and customer acceptances.
[4] Assets
[5] Includes $99 million of commercial loans, $1,952 million of residential mortgage loans, $235 million of home equity mortgage loans, $182 million of credit card loans and $142 million of other consumer loans