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Trading Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Trading Assets And Liabilities [Abstract]  
Trading Assets and Liabilities
Trading assets and liabilities consisted of the following:
At December 31,20212020
 (in millions)
Trading assets:
U.S. Treasury$2,337 $5,145 
U.S. Government sponsored enterprises432 192 
Asset-backed securities 143 
Foreign bonds167 7,971 
Equity securities15,795 6,043 
Precious metals3,907 4,989 
Derivatives, net1,405 2,801 
Total trading assets$24,043 $27,284 
Trading liabilities:
Securities sold, not yet purchased$1,103 $727 
Payables for precious metals46 2,312 
Derivatives, net1,874 2,358 
Total trading liabilities$3,023 $5,397