XML 85 R75.htm IDEA: XBRL DOCUMENT v3.22.0.1
Branch Assets and Liabilities Held for Sale - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 31, 2021
branch
Dec. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Restructuring Cost and Reserve [Line Items]            
Revenues associated with the disposal group as percent of consolidated revenues (percent)         7.00%  
Loans held for sale [1]   $ 4,217,000,000   $ 4,217,000,000 $ 4,217,000,000 $ 337,000,000
Reduction to the provision for credit losses   22,000,000        
Consumer loans:            
Restructuring Cost and Reserve [Line Items]            
Loans held for sale   3,756,000,000   3,756,000,000 3,756,000,000 208,000,000
Reduction to the provision for credit losses   22,000,000        
Credit cards            
Restructuring Cost and Reserve [Line Items]            
Loans held for sale     $ 1,100,000,000      
Credit cards | Consumer loans:            
Restructuring Cost and Reserve [Line Items]            
Loans held for sale   195,000,000   195,000,000 195,000,000 $ 0
Retail Branches Sold            
Restructuring Cost and Reserve [Line Items]            
Assets held for sale   2,690,000,000   2,690,000,000 2,690,000,000  
Liabilities held for sale   8,902,000,000   8,902,000,000 8,902,000,000  
Transaction cost         8,000,000  
Loans held for sale   2,441,000,000   2,441,000,000 2,441,000,000  
Retail Branches Sold | Credit cards            
Restructuring Cost and Reserve [Line Items]            
Loans held for sale   178,000,000   178,000,000 178,000,000  
Rebranding of Retail Branches | Minimum            
Restructuring Cost and Reserve [Line Items]            
Number of bank branches | branch 20          
Rebranding of Retail Branches | Maximum            
Restructuring Cost and Reserve [Line Items]            
Number of bank branches | branch 25          
Exit of Mass Market Retail Banking Business            
Restructuring Cost and Reserve [Line Items]            
Number of branches sold | branch 90          
Assets held for sale     2,900,000,000      
Liabilities held for sale     10,100,000,000      
Lower of amortized cost or fair value adjustment     0      
Exit of Mass Market Retail Banking Business and Remaining Retail Credit Card Portfolio            
Restructuring Cost and Reserve [Line Items]            
Lower of amortized cost or fair value adjustment     0      
Reduction to the provision for credit losses     101,000,000      
Exit of Mass Market Retail Banking Business and Remaining Retail Credit Card Portfolio | Consumer loans:            
Restructuring Cost and Reserve [Line Items]            
Lower of amortized cost or fair value adjustment     0 7,000,000    
Loans held for sale   3,681,000,000 3,616,000,000 3,681,000,000 3,681,000,000  
Reduction to the provision for credit losses     100,000,000      
Exit of Mass Market Retail Banking Business and Remaining Retail Credit Card Portfolio | Credit cards | Consumer loans:            
Restructuring Cost and Reserve [Line Items]            
Loans held for sale   $ 195,000,000 $ 829,000,000 $ 195,000,000 $ 195,000,000  
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at December 31, 2021 and 2020. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 27, "Variable Interest Entities," for additional information.
At December 31,20212020
(in millions)
Assets
Loans$46 $10 
Other assets55 79 
Total assets$101 $89 
Liabilities
Interest, taxes and other liabilities$9 $10 
Total liabilities$9 $10