CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	[1]	$ 831	$ 1,004
Interest bearing deposits with banks	[1]	29,476	17,744
Federal funds sold and securities purchased under agreements to resell	[1]	12,519	23,085
Trading assets (includes $1.8 billion and $1.3 billion pledged to creditors at June 30, 2023 and December 31, 2022, respectively)	[1]	19,391	21,730
Securities available-for-sale (includes amortized cost of $29.1 billion and $30.3 billion at June 30, 2023 and December 31, 2022, respectively, an allowance for credit losses of nil at both June 30, 2023 and December 31, 2022, and $155 million and $55 million pledged to creditors at June 30, 2023 and December 31, 2022, respectively)	[1]	26,259	27,345
Securities held-to-maturity, net of allowance for credit losses of nil at both June 30, 2023 and December 31, 2022 (fair value of $12.9 billion and $6.9 billion at June 30, 2023 and December 31, 2022, respectively)	[1]	13,428	7,317
Loans (includes $17 million and $20 million designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	57,945	59,380
Less – allowance for credit losses	[1]	605	584
Loans, net	[1]	57,340	58,796
Loans held for sale (includes $374 million and $237 million designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	997	354
Properties and equipment, net	[1]	47	68
Goodwill	[1]	458	458
Other assets, net of allowance for credit losses of nil at both June 30, 2023 and December 31, 2022 (includes $61 million and $325 million designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	6,182	6,754
Total assets	[1]	166,928	164,655
Domestic deposits:
Noninterest bearing	[1]	28,165	29,660
Interest bearing (includes $1.4 billion and $1.6 billion designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	87,105	86,469
Foreign deposits - interest bearing	[1]	6,366	7,094
Total deposits	[1]	121,636	123,223
Short-term borrowings	[1]	8,227	5,945
Long-term debt (includes $9.2 billion and $8.4 billion designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	19,671	17,591
Total debt	[1]	149,534	146,759
Trading liabilities	[1]	2,699	2,803
Interest, taxes and other liabilities (includes $61 million and $325 million designated under fair value option at June 30, 2023 and December 31, 2022, respectively)	[1]	3,038	2,980
Total liabilities	[1]	155,271	152,542
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 265 shares issued and outstanding at both June 30, 2023 and December 31, 2022)		265	265
Common equity:
Common stock ($5 par value; 150,000,000 shares authorized; 714 shares issued and outstanding at both June 30, 2023 and December 31, 2022)		0	0
Additional paid-in capital		12,735	12,740
Retained earnings		1,043	1,683
Accumulated other comprehensive loss		(2,386)	(2,575)
Total common equity		11,392	11,848
Total equity		11,657	12,113
Total liabilities and equity		$ 166,928	$ 164,655

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at June 30, 2023 and December 31, 2022. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information. June 30, 2023December 31, 2022(in millions)AssetsLoans, net$186 $162 Other assets40 44 Total assets$226 $206 LiabilitiesInterest, taxes and other liabilities$35 $22 Total liabilities$35 $22