v3.25.4
Fair Value Measurements, Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Gross derivative assets $ 80,562 $ 94,692
Derivative netting, Assets (62,720) (78,697)
Total trading assets after derivative netting [1] 227,935 168,595
Available-for-sale debt securities 213,573 162,978
Liabilities:    
Total derivative liabilities (gross) (82,747) (95,429)
Derivative netting, Liabilities 73,332 83,014
Total trading liabilities after derivative netting [1] (45,468) (44,813)
Not held for trading [Member]    
Assets:    
Equity securities 2,008 3,052
Interest rate contracts [Member]    
Assets:    
Gross derivative assets 21,097 27,489
Liabilities:    
Total derivative liabilities (gross) (21,266) (29,033)
Commodity contracts [Member]    
Assets:    
Gross derivative assets 2,837 2,237
Liabilities:    
Total derivative liabilities (gross) (4,016) (1,448)
Equity contracts [Member]    
Assets:    
Gross derivative assets 19,110 13,334
Liabilities:    
Total derivative liabilities (gross) (20,625) (14,248)
Foreign exchange contracts [Member]    
Assets:    
Gross derivative assets 37,437 51,541
Liabilities:    
Total derivative liabilities (gross) (36,757) (50,654)
Credit contracts [Member]    
Assets:    
Gross derivative assets 81 91
Liabilities:    
Total derivative liabilities (gross) (83) (46)
Securities of U.S. Treasury and federal agencies [Member]    
Assets:    
Available-for-sale debt securities 51,809  
Securities of U.S. states and political subdivisions [Member]    
Assets:    
Available-for-sale debt securities 10,397 12,035
Collateralized loan obligations [Member]    
Assets:    
Available-for-sale debt securities 7,904 2,202
Federal agency mortgage-backed securities [Member]    
Assets:    
Available-for-sale debt securities 140,080  
Non-agency mortgage-backed securities [Member]    
Assets:    
Available-for-sale debt securities 2,126  
Other debt securities [Member]    
Assets:    
Available-for-sale debt securities 1,257  
Fair value, recurring [Member]    
Assets:    
Physical commodities inventory 9,107 4,787
Gross derivative assets 84,530 98,709
Total trading assets prior to derivative netting 290,655 247,292
Derivative netting, Assets (62,720) (78,697)
Total trading assets after derivative netting 227,935 168,595
Other assets 472 434
Total assets measured at fair value on a recurring basis 513,232 421,726
Liabilities:    
Securities sold, not yet purchased (31,844) (28,478)
Total derivative liabilities (gross) (86,956) (99,349)
Total liabilities prior to derivative netting (118,800) (127,827)
Derivative netting, Liabilities 73,332 83,014
Total trading liabilities after derivative netting (45,468) (44,813)
Other liabilities (357) (318)
Interest-bearing deposits 0 (318)
Long-term debt (7,082) (3,495)
Total liabilities after derivative netting (126,239) (131,958)
Fair value, recurring [Member] | Total Consumer [Member] | Residential mortgage [Member]    
Assets:    
Mortgage servicing rights 5,696 6,844
Fair value, recurring [Member] | Held for trading at fair value [Member]    
Assets:    
Equity securities 38,274 19,004
Loans held for sale 4,882 3,587
Fair value, recurring [Member] | Not held for trading [Member]    
Assets:    
Equity securities 2,008 3,052
Loans held for sale 828 1,126
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Physical commodities inventory 3,430 0
Gross derivative assets 96 197
Total trading assets prior to derivative netting 87,224 52,173
Other assets 311 266
Total assets measured at fair value on a recurring basis 141,285 78,733
Liabilities:    
Securities sold, not yet purchased (24,581) (21,835)
Total derivative liabilities (gross) (144) (125)
Total liabilities prior to derivative netting (24,725) (21,960)
Other liabilities 0 0
Interest-bearing deposits 0 0
Long-term debt 0 0
Total liabilities after derivative netting (24,725) (21,960)
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Total Consumer [Member] | Residential mortgage [Member]    
Assets:    
Mortgage servicing rights 0 0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Held for trading at fair value [Member]    
Assets:    
Equity securities 32,322 13,656
Loans held for sale 0 0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Not held for trading [Member]    
Assets:    
Equity securities 1,941 3,009
Loans held for sale 0 0
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Physical commodities inventory 5,677 4,787
Gross derivative assets 83,837 97,749
Total trading assets prior to derivative netting 202,668 194,208
Other assets 0 0
Total assets measured at fair value on a recurring basis 364,920 334,649
Liabilities:    
Securities sold, not yet purchased (7,261) (6,643)
Total derivative liabilities (gross) (85,003) (93,658)
Total liabilities prior to derivative netting (92,264) (100,301)
Other liabilities (311) (266)
Interest-bearing deposits 0 (318)
Long-term debt (7,082) (3,495)
Total liabilities after derivative netting (99,657) (104,380)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Total Consumer [Member] | Residential mortgage [Member]    
Assets:    
Mortgage servicing rights 0 0
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Held for trading at fair value [Member]    
Assets:    
Equity securities 5,948 5,344
Loans held for sale 4,813 3,569
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Not held for trading [Member]    
Assets:    
Equity securities 0 0
Loans held for sale 721 964
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Physical commodities inventory 0 0
Gross derivative assets 597 763
Total trading assets prior to derivative netting 763 911
Other assets 161 168
Total assets measured at fair value on a recurring basis 7,027 8,344
Liabilities:    
Securities sold, not yet purchased (2) 0
Total derivative liabilities (gross) (1,809) (5,566)
Total liabilities prior to derivative netting (1,811) (5,566)
Other liabilities (46) (52)
Interest-bearing deposits 0 0
Long-term debt 0 0
Total liabilities after derivative netting (1,857) (5,618)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member]    
Assets:    
Mortgage servicing rights 5,696 6,844
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Held for trading at fair value [Member]    
Assets:    
Equity securities 4 4
Loans held for sale 69 18
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Not held for trading [Member]    
Assets:    
Equity securities 67 43
Loans held for sale 107 162
Fair value, recurring [Member] | Interest rate contracts [Member]    
Assets:    
Gross derivative assets 22,343 28,815
Liabilities:    
Total derivative liabilities (gross) (22,775) (31,135)
Fair value, recurring [Member] | Interest rate contracts [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Gross derivative assets 58 178
Liabilities:    
Total derivative liabilities (gross) (65) (121)
Fair value, recurring [Member] | Interest rate contracts [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Gross derivative assets 21,985 28,070
Liabilities:    
Total derivative liabilities (gross) (22,268) (26,844)
Fair value, recurring [Member] | Interest rate contracts [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Gross derivative assets 300 567
Liabilities:    
Total derivative liabilities (gross) (442) (4,170)
Fair value, recurring [Member] | Commodity contracts [Member]    
Assets:    
Gross derivative assets 3,247 2,641
Liabilities:    
Total derivative liabilities (gross) (4,405) (1,633)
Fair value, recurring [Member] | Commodity contracts [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Gross derivative assets 38 0
Liabilities:    
Total derivative liabilities (gross) (79) 0
Fair value, recurring [Member] | Commodity contracts [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Gross derivative assets 3,096 2,602
Liabilities:    
Total derivative liabilities (gross) (4,265) (1,558)
Fair value, recurring [Member] | Commodity contracts [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Gross derivative assets 113 39
Liabilities:    
Total derivative liabilities (gross) (61) (75)
Fair value, recurring [Member] | Equity contracts [Member]    
Assets:    
Gross derivative assets 20,788 15,201
Liabilities:    
Total derivative liabilities (gross) (22,714) (15,606)
Fair value, recurring [Member] | Equity contracts [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Gross derivative assets 0 19
Liabilities:    
Total derivative liabilities (gross) 0 (4)
Fair value, recurring [Member] | Equity contracts [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Gross derivative assets 20,636 15,074
Liabilities:    
Total derivative liabilities (gross) (21,438) (14,327)
Fair value, recurring [Member] | Equity contracts [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Gross derivative assets 152 108
Liabilities:    
Total derivative liabilities (gross) (1,276) (1,275)
Fair value, recurring [Member] | Foreign exchange contracts [Member]    
Assets:    
Gross derivative assets 38,071 51,956
Liabilities:    
Total derivative liabilities (gross) (36,977) (50,925)
Fair value, recurring [Member] | Foreign exchange contracts [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Gross derivative assets 0 0
Liabilities:    
Total derivative liabilities (gross) 0 0
Fair value, recurring [Member] | Foreign exchange contracts [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Gross derivative assets 38,069 51,913
Liabilities:    
Total derivative liabilities (gross) (36,975) (50,886)
Fair value, recurring [Member] | Foreign exchange contracts [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Gross derivative assets 2 43
Liabilities:    
Total derivative liabilities (gross) (2) (39)
Fair value, recurring [Member] | Credit contracts [Member]    
Assets:    
Gross derivative assets 81 96
Liabilities:    
Total derivative liabilities (gross) (85) (50)
Fair value, recurring [Member] | Credit contracts [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Gross derivative assets 0 0
Liabilities:    
Total derivative liabilities (gross) 0 0
Fair value, recurring [Member] | Credit contracts [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Gross derivative assets 51 90
Liabilities:    
Total derivative liabilities (gross) (57) (43)
Fair value, recurring [Member] | Credit contracts [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Gross derivative assets 30 6
Liabilities:    
Total derivative liabilities (gross) (28) (7)
Fair value, recurring [Member] | Debt securities [Member]    
Assets:    
Trading debt securities 153,862 121,205
Available-for-sale debt securities 213,573 162,978
Fair value, recurring [Member] | Debt securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 51,376 38,320
Available-for-sale debt securities 51,809 23,285
Fair value, recurring [Member] | Debt securities [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 102,393 82,759
Available-for-sale debt securities 161,531 139,477
Fair value, recurring [Member] | Debt securities [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 93 126
Available-for-sale debt securities 233 216
Fair value, recurring [Member] | Securities of U.S. Treasury and federal agencies [Member]    
Assets:    
Trading debt securities 54,797 42,149
Available-for-sale debt securities 51,809 23,285
Fair value, recurring [Member] | Securities of U.S. Treasury and federal agencies [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 51,376 38,320
Available-for-sale debt securities 51,809 23,285
Fair value, recurring [Member] | Securities of U.S. Treasury and federal agencies [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 3,421 3,829
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Securities of U.S. Treasury and federal agencies [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Securities of U.S. states and political subdivisions [Member]    
Assets:    
Available-for-sale debt securities 10,397 12,035
Fair value, recurring [Member] | Securities of U.S. states and political subdivisions [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Securities of U.S. states and political subdivisions [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Available-for-sale debt securities 10,383 12,018
Fair value, recurring [Member] | Securities of U.S. states and political subdivisions [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Available-for-sale debt securities 14 17
Fair value, recurring [Member] | Collateralized loan obligations [Member]    
Assets:    
Trading debt securities 936 927
Available-for-sale debt securities 7,904 2,202
Fair value, recurring [Member] | Collateralized loan obligations [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Collateralized loan obligations [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 859 847
Available-for-sale debt securities 7,904 2,202
Fair value, recurring [Member] | Collateralized loan obligations [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 77 80
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Corporate debt securities [Member]    
Assets:    
Trading debt securities 19,364 17,386
Fair value, recurring [Member] | Corporate debt securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 0 0
Fair value, recurring [Member] | Corporate debt securities [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 19,349 17,341
Fair value, recurring [Member] | Corporate debt securities [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 15 45
Fair value, recurring [Member] | Federal agency mortgage-backed securities [Member]    
Assets:    
Trading debt securities 69,836 52,908
Available-for-sale debt securities 140,080 123,029
Fair value, recurring [Member] | Federal agency mortgage-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Federal agency mortgage-backed securities [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 69,836 52,908
Available-for-sale debt securities 140,080 123,029
Fair value, recurring [Member] | Federal agency mortgage-backed securities [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Non-agency mortgage-backed securities [Member]    
Assets:    
Trading debt securities 1,693 1,703
Available-for-sale debt securities 2,126 1,806
Fair value, recurring [Member] | Non-agency mortgage-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Non-agency mortgage-backed securities [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 1,692 1,702
Available-for-sale debt securities 2,124 1,804
Fair value, recurring [Member] | Non-agency mortgage-backed securities [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 1 1
Available-for-sale debt securities 2 2
Fair value, recurring [Member] | Other debt securities [Member]    
Assets:    
Trading debt securities 7,236 6,132
Available-for-sale debt securities 1,257 621
Fair value, recurring [Member] | Other debt securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities 0 0
Fair value, recurring [Member] | Other debt securities [Member] | Fair value, inputs, level 2 [Member]    
Assets:    
Trading debt securities 7,236 6,132
Available-for-sale debt securities 1,040 424
Fair value, recurring [Member] | Other debt securities [Member] | Fair value, inputs, level 3 [Member]    
Assets:    
Trading debt securities 0 0
Available-for-sale debt securities $ 217 $ 197
[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. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies).