Quarterly report [Sections 13 or 15(d)]

OTHER COMPREHENSIVE INCOME - Activity/Roll Forward (Details)

v3.25.2
OTHER COMPREHENSIVE INCOME - Activity/Roll Forward (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges $ 130 $ (87) $ 539 $ (343)
Reclassification adjustment for realized net losses included in net income 57 55 81 108
Other comprehensive income (loss), net of tax 187 (32) 620 (235)
Unrealized gains and (losses) on debt securities        
Pretax        
Other comprehensive income before reclassifications 65 (93) 394 (263)
Reclassification adjustment for cash flow hedges included in net income 65 2 67 5
Tax (expense) benefit        
OCI before reclassification, tax (expense) benefit (17) 21 (93) 61
Reclassification adjustment for realized net losses included in net income (16) 0 (16) (1)
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges 48 (72) 301 (202)
Reclassification adjustment for realized net losses included in net income 49 2 51 4
Other comprehensive income (loss), net of tax 97 (70) 352 (198)
Net change related to cash flow hedges on loans        
Pretax        
Other comprehensive income before reclassifications 99 (20) 301 (181)
Reclassification adjustment for cash flow hedges included in net income 11 68 39 135
Tax (expense) benefit        
OCI before reclassification, tax (expense) benefit (24) 5 (71) 42
Reclassification adjustment for realized net losses included in net income (3) (16) (9) (32)
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges 75 (15) 230 (139)
Reclassification adjustment for realized net losses included in net income 8 52 30 103
Other comprehensive income (loss), net of tax 83 37 260 (36)
Net change related to cash flow hedges on loans | Cash Flow Hedges        
Pretax        
Other comprehensive income (loss), pretax 110 48 340 (46)
Tax (expense) benefit        
Total other comprehensive income (loss), tax (expense) benefit (27) (11) (80) 10
After-tax        
Other comprehensive income (loss), net of tax 83 37 260 (36)
Accumulated foreign currency adjustment        
Pretax        
Other comprehensive income before reclassifications     9 (2)
Other comprehensive income (loss), pretax 8      
Tax (expense) benefit        
OCI before reclassification, tax (expense) benefit     (2) 0
Total other comprehensive income (loss), tax (expense) benefit (2)      
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges     7 (2)
Other comprehensive income (loss), net of tax 6      
Unrealized losses for pension and other post-retirement obligations        
Pretax        
Other comprehensive income before reclassifications 1      
Other comprehensive income (loss), pretax   1 1 1
Tax (expense) benefit        
OCI before reclassification, tax (expense) benefit 0      
Total other comprehensive income (loss), tax (expense) benefit   0 0 0
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period, net of hedges 1 0 1 0
Reclassification adjustment for realized net losses included in net income 0 1 0 1
Other comprehensive income (loss), net of tax 1 1 1 1
AOCI        
Pretax        
Other comprehensive income (loss), pretax 249 (42) 811 (305)
Tax (expense) benefit        
Total other comprehensive income (loss), tax (expense) benefit (62) 10 (191) 70
After-tax        
Other comprehensive income (loss), net of tax 187 (32) 620 (235)
Debt securities | Unrealized gains and (losses) on debt securities        
Pretax        
Other comprehensive income (loss), pretax 130 (91) 461 (258)
Tax (expense) benefit        
Total other comprehensive income (loss), tax (expense) benefit (33) 21 (109) 60
After-tax        
Other comprehensive income (loss), net of tax $ 97 $ (70) $ 352 $ (198)