Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME - Activity (Details)

v3.23.2
OTHER COMPREHENSIVE INCOME - Activity (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Pretax        
Other comprehensive income (loss), pretax $ (339) $ (1,015) $ 104 $ (2,422)
Tax (Expense) Benefit        
Total other comprehensive income (loss), tax (expense) benefit 88 231 (12) 553
After-tax        
Other comprehensive income (loss), net of tax (251) (784) 92 (1,869)
Period change (251) (784) 92 (1,869)
Unrealized gains and (losses) on debt securities        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period (282) (1,147)    
Reclassification adjustment for realized net losses included in net income 35 82    
Other comprehensive income (loss), pretax (247) (1,065)    
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period 65 264    
Reclassification adjustment for realized net losses included in net income (8) (19)    
Total other comprehensive income (loss), tax (expense) benefit 57 245    
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period (217) (883)    
Reclassification adjustment for realized net losses included in net income 27 63    
Other comprehensive income (loss), net of tax (190) (820)    
Period change (190) (820) 104 (1,999)
Unrealized gains and (losses) on debt securities | Debt Securities [Member]        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period     97 (2,687)
Reclassification adjustment for realized net losses included in net income     38 91
Other comprehensive income (loss), pretax     135 (2,596)
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period     (22) 618
Reclassification adjustment for realized net losses included in net income     (9) (21)
Total other comprehensive income (loss), tax (expense) benefit     (31) 597
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period     75 (2,069)
Reclassification adjustment for realized net losses included in net income     29 70
Other comprehensive income (loss), net of tax     104 (1,999)
Net change in unrealized gains (losses) on available-for-sale equity securities        
Pretax        
Other comprehensive income (loss), pretax     (35)  
Tax (Expense) Benefit        
Total other comprehensive income (loss), tax (expense) benefit     12  
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period     (23)  
Net impact of fair value hedges on available-for-sale securities        
Pretax        
Other comprehensive income (loss), pretax 139 161 (43) 592
Tax (Expense) Benefit        
Total other comprehensive income (loss), tax (expense) benefit (32) (38) 10 (137)
After-tax        
Other comprehensive income (loss), net of tax 107 123 (33) 455
Period change 107 123 (33) 455
Net change related to cash flow hedges on loans        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period (266)   46  
Reclassification adjustment for realized net losses included in net income 34      
Other comprehensive income (loss), pretax (232) (111) 11 (421)
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period 65   (3)  
Reclassification adjustment for realized net losses included in net income (2)      
Total other comprehensive income (loss), tax (expense) benefit 63 25 9 95
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period (201)      
Reclassification adjustment for realized net losses included in net income 32   43  
Other comprehensive income (loss), net of tax (169) (86) 20 (326)
Accumulated foreign currency adjustment        
Pretax        
Translation adjustments, net of hedges 1 (2) 1 (2)
Tax (Expense) Benefit        
Other comprehensive income (loss), tax 0 0 0 0
After-tax        
Period change 1 (2) 1 (2)
Unrealized gains (losses) for pension and other post-retirement obligations        
Pretax        
Other comprehensive income (loss), pretax   2   5
Tax (Expense) Benefit        
Total other comprehensive income (loss), tax (expense) benefit   (1)   (2)
After-tax        
Other comprehensive income (loss), net of tax   1   3
Period change $ 0 $ 1 $ 0 $ 3