Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME - Activity (Details)

v3.23.1
OTHER COMPREHENSIVE INCOME - Activity (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Pretax    
Other comprehensive income (loss), pretax $ 443 $ (1,407)
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit (100) 322
After-tax    
Other comprehensive income (loss), net of tax 343 (1,085)
Other comprehensive income (loss) before reclassifications 330 (1,094)
Net unrealized gains (losses) on net investment hedges 13 9
Period change 343 (1,085)
Unrealized gains and (losses) on debt securities    
Pretax    
Unrealized gains (losses) on available-for-sale securities arising during the period 379 (1,540)
Reclassification adjustment for realized net losses included in net income 3 9
Other comprehensive income (loss), pretax 382 (1,531)
Tax (Expense) Benefit    
Unrealized gains (losses) on available-for-sale securities arising during the period (87) 354
Reclassification adjustment for realized net losses included in net income (1) (2)
Total other comprehensive income (loss), tax (expense) benefit (88) 352
After-tax    
Unrealized gains (losses) on available-for-sale securities arising during the period 292 (1,186)
Reclassification adjustment for realized net losses included in net income 2 7
Other comprehensive income (loss), net of tax 294 (1,179)
Other comprehensive income (loss) before reclassifications 292 (1,186)
Net unrealized gains (losses) on net investment hedges 2 7
Period change 294 (1,179)
Net impact of fair value hedges on available-for-sale securities    
Pretax    
Other comprehensive income (loss), pretax (182) 431
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit 42 (99)
After-tax    
Other comprehensive income (loss), net of tax (140) 332
Other comprehensive income (loss) before reclassifications (140) 332
Net unrealized gains (losses) on net investment hedges 0 0
Period change (140) 332
Net change related to cash flow hedges on loans    
Pretax    
Unrealized gains (losses) on available-for-sale securities arising during the period 231  
Reclassification adjustment for realized net losses included in net income 12  
Other comprehensive income (loss), pretax 243 (310)
Tax (Expense) Benefit    
Unrealized gains (losses) on available-for-sale securities arising during the period (53)  
Reclassification adjustment for realized net losses included in net income (1)  
Total other comprehensive income (loss), tax (expense) benefit (54) 70
After-tax    
Unrealized gains (losses) on available-for-sale securities arising during the period 178  
Reclassification adjustment for realized net losses included in net income 11  
Other comprehensive income (loss), net of tax 189 (240)
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
Tax (Expense) Benefit    
Total other comprehensive income (loss), tax (expense) benefit   (1)
After-tax    
Other comprehensive income (loss), net of tax   2
Other comprehensive income (loss) before reclassifications 0 0
Net unrealized gains (losses) on net investment hedges 0 2
Period change $ 0 $ 2