Annual report pursuant to Section 13 and 15(d)

OTHER COMPREHENSIVE INCOME - Activity/Roll Forward (Details)

v3.25.0.1
OTHER COMPREHENSIVE INCOME - Activity/Roll Forward (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
After-tax      
Other comprehensive (loss) income, net of tax $ (190) $ 422 $ (2,869)
Unrealized gains and (losses) on debt securities      
Pretax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (454) 154 (2,934)
Reclassification from AOCI, before tax 94 47 100
Tax (expense) benefit      
OCI before reclassification, tax 107 (36) 673
Reclassification adjustment for realized net losses included in net income (18) (11) (23)
After-tax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (347) 118 (2,261)
Reclassification adjustment for realized net losses included in net income 76 36 77
Net change related to cash flow hedges on loans      
Pretax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (111) 162 (896)
Reclassification from AOCI, before tax 236 187 0
Tax (expense) benefit      
OCI before reclassification, tax 26 (37) 201
Reclassification adjustment for realized net losses included in net income (55) (43) 0
After-tax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (85) 125 (695)
Reclassification adjustment for realized net losses included in net income 181 144 0
Net change related to cash flow hedges on loans | Cash Flow Hedges      
Pretax      
Total other comprehensive income (loss), pretax 125 349 (896)
Tax (expense) benefit      
Total other comprehensive income (loss), tax (expense) benefit (29) (80) 201
After-tax      
Other comprehensive (loss) income, net of tax 96 269 (695)
Accumulated foreign currency adjustment      
Pretax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (6) 2 (5)
Tax (expense) benefit      
OCI before reclassification, tax 0 0 0
After-tax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (6) 2 (5)
Unrealized losses for pension and other post-retirement obligations      
Pretax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (12) (4) 19
Tax (expense) benefit      
OCI before reclassification, tax 3 1 (4)
After-tax      
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges (9) (3) 15
AOCI      
Pretax      
Total other comprehensive income (loss), pretax (253) 548 (3,716)
Tax (expense) benefit      
Total other comprehensive income (loss), tax (expense) benefit 63 (126) 847
After-tax      
Other comprehensive (loss) income, net of tax (190) 422 (2,869)
Debt securities | Unrealized gains and (losses) on debt securities      
Pretax      
Total other comprehensive income (loss), pretax (360) 201 (2,834)
Tax (expense) benefit      
Total other comprehensive income (loss), tax (expense) benefit 89 (47) 650
After-tax      
Other comprehensive (loss) income, net of tax $ (271) $ 154 $ (2,184)