v3.25.4
Derivatives, Gains (Losses) Recognized on Fair Value Hedging Relationships (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Line Items Presented in the Consolidated Statement of Income and Other Comprehensive Income [Abstract]      
Available-for-sale and held-to-maturity debt securities [1] $ 13,975 $ 13,001 $ 12,320
Deposits (20,449) (24,282) (16,503)
Long-term debt (10,268) (12,463) (11,572)
Net gains (losses) from trading and securities [1] 5,247 5,516 4,448
Total recorded in OCI, Derivative gains (losses) 1,245 (356) 545
Fair value hedging [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives, Total recorded in OCI 22 20 22
Fair value hedging [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives, Total recorded in OCI 0 0 0
Fair value hedging [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives, Total recorded in OCI 22 20 22
Fair value hedging [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives, Total recorded in OCI 0 0 0
Fair value hedging [Member] | Debt securities [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Total gains (losses) (pre-tax) recognized on fair value hedges 342 874 1,135
Fair value hedging [Member] | Debt securities [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives 342 864 1,137
Recognized on derivatives (903) 212 (536)
Recognized on hedged items 905 (202) 534
Total gains (losses) (pre-tax) recognized on fair value hedges 344 874 1,135
Fair value hedging [Member] | Debt securities [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (2) 0 0
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges (2) 0 0
Fair value hedging [Member] | Debt securities [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges 0 0 0
Fair value hedging [Member] | Deposits [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Total gains (losses) (pre-tax) recognized on fair value hedges (8) (408) (338)
Fair value hedging [Member] | Deposits [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (7) (398) (346)
Recognized on derivatives 71 (57) 312
Recognized on hedged items (72) 47 (304)
Total gains (losses) (pre-tax) recognized on fair value hedges (8) (408) (338)
Fair value hedging [Member] | Deposits [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives 0 0 0
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges 0 0 0
Fair value hedging [Member] | Deposits [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges 0 0 0
Fair value hedging [Member] | Long-term debt [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Total gains (losses) (pre-tax) recognized on fair value hedges (2,053) (3,916) (3,733)
Fair value hedging [Member] | Long-term debt [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (1,907) (3,752) (3,490)
Recognized on derivatives 2,910 (2,109) 2,634
Recognized on hedged items (2,944) 2,072 (2,631)
Total gains (losses) (pre-tax) recognized on fair value hedges (1,941) (3,789) (3,487)
Fair value hedging [Member] | Long-term debt [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (87) (114) (223)
Recognized on derivatives (38) 6 75
Recognized on hedged items 13 (19) (98)
Total gains (losses) (pre-tax) recognized on fair value hedges (112) (127) (246)
Fair value hedging [Member] | Long-term debt [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges 0 0 0
Fair value hedging [Member] | Net gains from trading and securities [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Total gains (losses) (pre-tax) recognized on fair value hedges (87) 86 88
Fair value hedging [Member] | Net gains from trading and securities [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives 0 0 0
Recognized on derivatives 0 0 0
Recognized on hedged items 0 0 0
Total gains (losses) (pre-tax) recognized on fair value hedges 0 0 0
Fair value hedging [Member] | Net gains from trading and securities [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives 0 0 0
Recognized on derivatives 125 (103) 108
Recognized on hedged items (117) 105 (99)
Total gains (losses) (pre-tax) recognized on fair value hedges 8 2 9
Fair value hedging [Member] | Net gains from trading and securities [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives (5,067) (372) 34
Recognized on hedged items 4,972 456 45
Total gains (losses) (pre-tax) recognized on fair value hedges (95) 84 79
Fair value hedging [Member] | Derivative gains (losses) [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Total gains (losses) (pre-tax) recognized on fair value hedges (1,806) (3,364) (2,848)
Fair value hedging [Member] | Derivative gains (losses) [Member] | Interest rate contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (1,572) (3,286) (2,699)
Recognized on derivatives 2,078 (1,954) 2,410
Recognized on hedged items (2,111) 1,917 (2,401)
Total gains (losses) (pre-tax) recognized on fair value hedges (1,605) (3,323) (2,690)
Fair value hedging [Member] | Derivative gains (losses) [Member] | Foreign exchange contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Amounts related to cash flows on derivatives (89) (114) (223)
Recognized on derivatives 87 (97) 183
Recognized on hedged items (104) 86 (197)
Total gains (losses) (pre-tax) recognized on fair value hedges (106) (125) (237)
Fair value hedging [Member] | Derivative gains (losses) [Member] | Commodity contracts [Member]      
Total gains (losses) (pre-tax) recognized on fair value hedges      
Recognized on derivatives (5,067) (372) 34
Recognized on hedged items 4,972 456 45
Total gains (losses) (pre-tax) recognized on fair value hedges $ (95) $ 84 $ 79
[1] In fourth quarter 2025, we changed the presentation of certain items on our consolidated balance sheet, including trading assets and liabilities and short-term borrowings, with corresponding changes to our consolidated statement of income. In connection with these changes, we reclassified the gains (losses) related to our physical commodities inventory, including the related hedging impacts, from other noninterest income to net gains from trading activities. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies).