CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Assets:
Cash and due from banks	[1]	$ 976	$ 954
Interest bearing deposits with banks	[1]	45,738	47,400
Federal funds sold and securities purchased under agreements to resell	[1]	5,759	10,514
Trading assets (includes $1.9 billion and $1.7 billion pledged to creditors at March 31, 2022 and December 31, 2021, respectively)	[1]	18,761	24,043
Securities available-for-sale (includes amortized cost of $35.1 billion and $35.4 billion at March 31, 2022 and December 31, 2021, respectively, an allowance for credit losses of nil and $1 million at March 31, 2022 and December 31, 2021, respectively, and $3.4 billion and $2.4 billion pledged to creditors at March 31, 2022 and December 31, 2021, respectively)	[1]	33,698	35,298
Securities held-to-maturity, net of allowance for credit losses of $1 million at both March 31, 2022 and December 31, 2021 (fair value of $4.8 billion and $5.4 billion at March 31, 2022 and December 31, 2021, respectively)	[1]	4,804	5,203
Loans	[1]	58,610	55,864
Less – allowance for credit losses	[1]	467	447
Loans, net	[1]	58,143	55,417
Loans held for sale (includes $144 million and $48 million designated under fair value option at March 31, 2022 and December 31, 2021, respectively, and $2,441 million related to branch disposal group held for sale at December 31, 2021)	[1]	948	4,217
Properties and equipment, net	[1]	38	40
Goodwill	[1]	458	458
Other branch related assets held for sale	[1]	0	249
Other assets, net of allowance for credit losses of $1 million at both March 31, 2022 and December 31, 2021	[1]	7,693	5,439
Total assets	[1]	177,016	189,232
Domestic deposits:
Noninterest bearing	[1]	38,712	40,333
Interest bearing (includes $2.4 billion and $2.7 billion designated under fair value option at March 31, 2022 and December 31, 2021, respectively)	[1]	87,130	89,122
Foreign deposits - interest bearing	[1]	5,333	4,827
Deposits held for sale		0	8,750	[1]
Total deposits		131,175	143,032
Short-term borrowings	[1]	6,790	6,338
Long-term debt (includes $7.7 billion and $8.9 billion designated under fair value option at March 31, 2022 and December 31, 2021, respectively)	[1]	15,690	17,236
Total debt	[1]	153,655	166,606
Trading liabilities	[1]	4,341	3,023
Other branch related liabilities held for sale	[1]	0	152
Interest, taxes and other liabilities	[1]	2,947	2,411
Total liabilities	[1]	160,943	172,192
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 1,265 shares issued and outstanding at both March 31, 2022 and December 31, 2021)		1,265	1,265
Common equity:
Common stock ($5 par value; 150,000,000 shares authorized; 714 shares issued and outstanding at both March 31, 2022 and December 31, 2021)		0	0
Additional paid-in capital		14,740	14,742
Retained earnings		1,413	1,212
Accumulated other comprehensive loss		(1,345)	(179)
Total common equity		14,808	15,775
Total equity		16,073	17,040
Total liabilities and equity		$ 177,016	$ 189,232

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at March 31, 2022 and December 31, 2021. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information. March 31, 2022December 31, 2021(in millions)AssetsLoans$128 $46 Other assets51 55 Total assets$179 $101 LiabilitiesInterest, taxes and other liabilities$31 $9 Total liabilities$31 $9