Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME - Activity (Details)

v3.23.3
OTHER COMPREHENSIVE INCOME - Activity (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Pretax        
Other comprehensive income (loss), pretax $ (788) $ (1,528) $ (684) $ (3,950)
Other comprehensive income (loss) before reclassifications (661) (1,184) (641) (3,126)
Tax (Expense) Benefit        
Net unrealized gains (losses) on net investment hedges 45 6 117 79
Total other comprehensive income (loss), tax (expense) benefit 172 350 160 903
After-tax        
Other comprehensive income (loss), net of tax (616) (1,178) (524) (3,047)
Period change (616) (1,178) (524) (3,047)
Unrealized gains and (losses) on debt securities        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period (826) (1,265)    
Reclassification adjustment for realized net losses included in net income 3 4    
Other comprehensive income (loss), pretax (823) (1,261)    
Other comprehensive income (loss) before reclassifications (636) (974) (561) (3,043)
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period 190 291    
Reclassification adjustment for realized net losses included in net income 0 (1)    
Net unrealized gains (losses) on net investment hedges 3 3 32 73
Total other comprehensive income (loss), tax (expense) benefit 190 290    
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period (636) (974)    
Reclassification adjustment for realized net losses included in net income 3 3    
Other comprehensive income (loss), net of tax (633) (971)    
Period change (633) (971) (529) (2,970)
Unrealized gains and (losses) on debt securities | Debt Securities        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period     (729) (3,952)
Reclassification adjustment for realized net losses included in net income     41 95
Other comprehensive income (loss), pretax     (688) (3,857)
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period     168 909
Reclassification adjustment for realized net losses included in net income     (9) (22)
Total other comprehensive income (loss), tax (expense) benefit     159 887
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period     (561) (3,043)
Reclassification adjustment for realized net losses included in net income     32 73
Other comprehensive income (loss), net of tax     (529) (2,970)
Net change in unrealized gains (losses) on available-for-sale equity securities        
Pretax        
Other comprehensive income (loss), pretax     (154)  
Tax (Expense) Benefit        
Total other comprehensive income (loss), tax (expense) benefit     40  
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period     (114)  
Net impact of fair value hedges on available-for-sale securities        
Pretax        
Other comprehensive income (loss), pretax 87 325 44 917
Other comprehensive income (loss) before reclassifications 67 250 34 705
Tax (Expense) Benefit        
Net unrealized gains (losses) on net investment hedges 0 0 0
Total other comprehensive income (loss), tax (expense) benefit (20) (75) (10) (212)
After-tax        
Other comprehensive income (loss), net of tax 67 250 34 705
Period change 67 250 34 705
Net change related to cash flow hedges on loans        
Pretax        
Unrealized gains (losses) on available-for-sale securities arising during the period (119)   113  
Reclassification adjustment for realized net losses included in net income 67      
Other comprehensive income (loss), pretax (52) (591) (41) (1,012)
Tax (Expense) Benefit        
Unrealized gains (losses) on available-for-sale securities arising during the period 28   (29)  
Reclassification adjustment for realized net losses included in net income (26)      
Total other comprehensive income (loss), tax (expense) benefit 2 135 11 230
After-tax        
Unrealized gains (losses) on available-for-sale securities arising during the period (91)      
Reclassification adjustment for realized net losses included in net income 41   84  
Other comprehensive income (loss), net of tax (50) (456) (30) (782)
Accumulated foreign currency adjustment        
Pretax        
Foreign currency translation adjustment (6)      
Other comprehensive income (loss) before reclassifications (6)      
Net unrealized gains (losses) on net investment hedges 5      
Translation adjustments, net of hedges (1) (4) 0 (6)
Tax (Expense) Benefit        
Reclassification adjustment for realized net losses included in net income 0      
Other comprehensive income (loss), tax 0 0 0 0
Net unrealized gains (losses) on net investment hedges 5      
After-tax        
Period change (1) (4) 0 (6)
Unrealized gains (losses) for pension and other post-retirement obligations        
Pretax        
Other comprehensive income (loss), pretax 1 3 1 8
Other comprehensive income (loss) before reclassifications 0 0 0 0
Tax (Expense) Benefit        
Net unrealized gains (losses) on net investment hedges 1 3 1 6
Total other comprehensive income (loss), tax (expense) benefit 0 0 0 (2)
After-tax        
Other comprehensive income (loss), net of tax 1 3 1 6
Period change $ 1 $ 3 $ 1 $ 6