CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	[1]	$ 704	$ 1,004
Interest bearing deposits with banks	[1]	25,015	17,744
Federal funds sold and securities purchased under agreements to resell	[1]	13,878	23,085
Trading assets (includes $3.0 billion and $1.3 billion pledged to creditors at December 31, 2023 and 2022, respectively)	[1]	22,115	21,730
Securities available-for-sale (includes amortized cost of $28.0 billion and $30.3 billion at December 31, 2023 and 2022, respectively, an allowance for credit losses of nil at both December 31, 2023 and 2022, and $161 million and $55 million pledged to creditors at December 31, 2023 and 2022, respectively)	[1]	25,696	27,345
Securities held-to-maturity, net of allowance for credit losses of nil at both December 31, 2023 and 2022 (fair value of $14.7 billion and $6.9 billion at December 31, 2023 and 2022, respectively)	[1]	15,076	7,317
Loans (includes $15 million and $20 million designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	58,987	59,380
Less – allowance for credit losses	[1]	591	584
Loans, net	[1]	58,396	58,796
Loans held for sale (includes $250 million and $237 million designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	339	354
Properties and equipment, net	[1]	71	68
Goodwill	[1]	458	458
Other assets, net of allowance for credit losses of nil at both December 31, 2023 and 2022 (includes $10 million and $325 million designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	6,490	6,754
Total assets	[1]	168,238	164,655
Domestic deposits:
Noninterest bearing	[1]	23,421	29,660
Interest bearing (includes $1.8 billion and $1.6 billion designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	92,604	86,469
Foreign deposits - interest bearing	[1]	5,258	7,094
Total deposits	[1]	121,283	123,223
Short-term borrowings	[1]	9,914	5,945
Long-term debt (includes $7.5 billion and $8.4 billion designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	18,661	17,591
Total debt	[1]	149,858	146,759
Trading liabilities	[1]	3,485	2,803
Interest, taxes and other liabilities (includes $10 million and $325 million designated under fair value option at December 31, 2023 and 2022, respectively)	[1]	3,256	2,980
Total liabilities	[1]	156,599	152,542
Equity
Preferred stock (no par value; 40,999,000 shares authorized; 265 shares issued and outstanding at both December 31, 2023 and 2022)		265	265
Common equity:
Common stock ($5 par value; 150,000,000 shares authorized; 714 shares issued and outstanding at both December 31, 2023 and 2022)		0	0
Additional paid-in capital		12,740	12,740
Retained earnings		560	1,683
Accumulated other comprehensive loss		(1,926)	(2,575)
Total common equity		11,374	11,848
Total equity		11,639	12,113
Total liabilities and equity		$ 168,238	$ 164,655

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at December 31, 2023 and 2022. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 27, "Variable Interest Entities," for additional information. At December 31,20232022(in millions)AssetsLoans, net$— $162 Other assets23 44 Total assets$23 $206 LiabilitiesInterest, taxes and other liabilities$17 $22 Total liabilities$17 $22