v3.25.4
Performance by Geographical Area
 12 Months Ended
Dec. 31, 2025
Segments, Geographical Areas [Abstract]  
Performance by Geographical Area Performance by Geographical Area
The Corporation’s operations are highly integrated with operations in both U.S. and non-U.S. markets. The non-U.S. business activities are largely conducted in Europe, the Middle East and Africa and in Asia. The Corporation identifies its geographic performance based on the business unit structure used to manage the capital or expense deployed in the region
as applicable. This requires certain judgments related to the allocation of revenue so that revenue can be appropriately matched with the related capital or expense deployed in the region. Certain asset, liability, income and expense amounts have been allocated to arrive at total assets, total revenue, net of interest expense, income before income taxes and net income by geographic area as presented below.
(Dollars in millions) 
Total Assets at Year End (1)
Total Revenue, Net of Interest Expense (2)
Income Before Income TaxesNet Income
U.S. (3)
2025$2,870,362 $97,687 $33,397 $27,327 
 20242,817,124 92,434 29,701 24,443 
 202389,759 28,721 23,454 
Asia2025177,742 6,004 1,925 1,402 
 2024153,489 5,184 1,616 1,176 
 20234,952 1,512 1,139 
Europe, Middle East and Africa2025315,024 7,561 1,624 1,151 
 2024257,696 6,499 1,061 788 
 20236,393 1,532 1,090 
Latin America and the Caribbean202548,610 1,845 749 629 
 202432,990 1,739 845 566 
 20231,665 765 622 
Total Non-U.S. 2025541,376 15,410 4,298 3,182 
 2024444,175 13,422 3,522 2,530 
 202313,010 3,809 2,851 
Total Consolidated2025$3,411,738 $113,097 $37,695 $30,509 
 20243,261,299 105,856 33,223 26,973 
 2023102,769 32,530 26,305 
(1)Total assets include long-lived assets, which are primarily located in the U.S.
(2)There were no material intercompany revenues between geographic regions for any of the periods presented.
(3)Substantially reflects the U.S.