Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME - Activity (Details)

v3.22.1
OTHER COMPREHENSIVE INCOME - Activity (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Pretax    
Other comprehensive income (loss), pretax $ (1,407) $ (319)
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit 322 71
After-tax    
Other comprehensive (loss) income, net of tax (1,085) (248)
Other comprehensive income (loss) before reclassifications (1,094) (257)
Net unrealized gains (losses) on net investment hedges 9 9
Period change (1,085) (248)
Unrealized gains and (losses) on debt securities    
After-tax    
Other comprehensive income (loss) before reclassifications (1,186) (223)
Net unrealized gains (losses) on net investment hedges 7 7
Period change (1,179) (216)
Net impact of fair value hedges on available-for-sale securities    
Pretax    
Other comprehensive income (loss), pretax 431 44
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit (99) (10)
After-tax    
Other comprehensive (loss) income, net of tax 332 34
Other comprehensive income (loss) before reclassifications 332 34
Net unrealized gains (losses) on net investment hedges 0 0
Period change 332 34
Change in fair value related to cash flow hedges    
Pretax    
Other comprehensive income (loss), pretax (310) (88)
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit 70 20
After-tax    
Other comprehensive (loss) income, net of tax (240) (68)
Accumulated foreign currency adjustment    
Pretax    
Foreign currency translation adjustment 2  
Net unrealized gains (losses) on net investment hedges (2)  
Translation adjustments, net of hedges 0  
Tax (Expense) Benefit    
Reclassification adjustment for realized net losses included in net income 0  
Other comprehensive income (loss), tax 0  
After-tax    
Other comprehensive income (loss) before reclassifications 2  
Net unrealized gains (losses) on net investment hedges (2)  
Period change 0  
Unrealized gains (losses) for pension and other post-retirement obligations    
Pretax    
Other comprehensive income (loss), pretax 3 3
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit (1) (1)
After-tax    
Other comprehensive (loss) income, net of tax 2 2
Other comprehensive income (loss) before reclassifications 0 0
Net unrealized gains (losses) on net investment hedges 2 2
Period change 2 2
Debt Securities | Unrealized gains and (losses) on debt securities    
Pretax    
Unrealized losses on available-for-sale securities arising during the period (1,540) (287)
Reclassification adjustment for realized net losses included in net income 9 9
Other comprehensive income (loss), pretax (1,531) (278)
Tax (Expense) Benefit    
Unrealized losses on available-for-sale securities arising during the period 354 64
Reclassification adjustment for realized net losses included in net income (2) (2)
Total other comprehensive income (loss), tax (expense) benefit 352 62
After-tax    
Unrealized losses on available-for-sale securities arising during the period (1,186) (223)
Reclassification adjustment for realized net losses included in net income 7 7
Other comprehensive (loss) income, net of tax $ (1,179) $ (216)