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Securities - Amortized Cost and Fair Value of Asset Backed Securities (Detail) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Securities available-for-sale:    
Amortized Cost $ 35,356 $ 39,636
Allowance for Credit Losses (1) (1)
Unrealized Gains 305 1,109
Unrealized Losses (362) (72)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) [1] 35,298 40,672
Securities held-to-maturity:    
Amortized Cost 5,204 8,983
Allowance for Credit Losses (1) (2)
Unrealized Gains 157 388
Unrealized Losses (1) 0
Fair Value 5,359 9,369
U.S. Treasury    
Securities available-for-sale:    
Amortized Cost 9,490 16,087
Allowance for Credit Losses 0 0
Unrealized Gains 144 608
Unrealized Losses (72) (47)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 9,562 16,648
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises    
Securities available-for-sale:    
Amortized Cost 7,365 5,986
Allowance for Credit Losses 0 0
Unrealized Gains 114 280
Unrealized Losses (115) (2)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 7,364 6,264
Securities held-to-maturity:    
Amortized Cost 684 1,137
Allowance for Credit Losses 0 0
Unrealized Gains 21 44
Unrealized Losses 0 0
Fair Value 705 1,181
Collateralized Mortgage Obligations, Issued by U.S. Government Sponsored Enterprises    
Securities available-for-sale:    
Amortized Cost 1,787 1,676
Allowance for Credit Losses 0 0
Unrealized Gains 8 19
Unrealized Losses (48) (2)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 1,747 1,693
Securities held-to-maturity:    
Amortized Cost 492 780
Allowance for Credit Losses 0 0
Unrealized Gains 26 53
Unrealized Losses 0 0
Fair Value 518 833
Direct Agency Obligations U S Government Sponsored Enterprises    
Securities available-for-sale:    
Amortized Cost 1,775 1,236
Allowance for Credit Losses 0 0
Unrealized Gains 16 17
Unrealized Losses (4) 0
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 1,787 1,253
Mortgage-backed Securities, Issued or Guaranteed by US Government Agency    
Securities available-for-sale:    
Amortized Cost 8,489 6,993
Allowance for Credit Losses 0 0
Unrealized Gains 7 152
Unrealized Losses (66) 0
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 8,430 7,145
Securities held-to-maturity:    
Amortized Cost 1,104 1,947
Allowance for Credit Losses 0 0
Unrealized Gains 24 76
Unrealized Losses 0 0
Fair Value 1,128 2,023
Collateralized Mortgage Obligations, Issued or Guaranteed by US Government Agency    
Securities available-for-sale:    
Amortized Cost 3,730 2,093
Allowance for Credit Losses 0 0
Unrealized Gains 7 22
Unrealized Losses (49) (11)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 3,688 2,104
Securities held-to-maturity:    
Amortized Cost 2,915 5,107
Allowance for Credit Losses 0 0
Unrealized Gains 85 212
Unrealized Losses (1) 0
Fair Value 2,999 5,319
Direct Agency Obligations, Issued or Guaranteed by US Government Agency    
Securities available-for-sale:    
Amortized Cost 282 296
Allowance for Credit Losses 0 0
Unrealized Gains 6 5
Unrealized Losses 0 0
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 288 301
Home equity    
Securities available-for-sale:    
Amortized Cost 20 28
Allowance for Credit Losses (1) (1)
Unrealized Gains 0 0
Unrealized Losses 0 0
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 19 27
Other    
Securities available-for-sale:    
Amortized Cost 107 114
Allowance for Credit Losses 0 0
Unrealized Gains 0 0
Unrealized Losses (6) (10)
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 101 104
Foreign debt securities    
Securities available-for-sale:    
Amortized Cost 2,311 5,127
Allowance for Credit Losses 0 0
Unrealized Gains 3 6
Unrealized Losses (2) 0
Securities available-for-sale (includes amortized cost of $35.4 billion and $39.6 billion at December 31, 2021 and 2020, respectively, an allowance for credit losses of $1 million at both December 31, 2021 and 2020, and $2.4 billion and $2.1 billion pledged to creditors at December 31, 2021 and 2020, respectively) 2,312 5,133
Obligations of U.S. states and political subdivisions    
Securities held-to-maturity:    
Amortized Cost 8 10
Allowance for Credit Losses 0 0
Unrealized Gains 0 1
Unrealized Losses 0 0
Fair Value 8 11
Asset-backed securities collateralized by residential mortgages    
Securities held-to-maturity:    
Amortized Cost 1 2
Allowance for Credit Losses (1) (2)
Unrealized Gains 1 2
Unrealized Losses 0 0
Fair Value $ 1 $ 2
[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