v3.25.4
Revenue Recognition (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]      
Cash and cash equivalents $ 1,189 $ 1,539 $ 1,894
Cash and investments segregated 1,862 1,443 1,355
Receivables from brokerage clients 5,700 5,420 4,793
Available for sale securities 1,538 2,166 2,987
Held to maturity securities 2,386 2,636 2,872
Bank loans 2,168 1,867 1,664
Securities lending revenue 437 330 419
Other interest revenue 224 136 127
Interest revenue 15,504 15,537 16,111
Bank deposits (1,185) (3,152) (3,363)
Payables to brokers, dealers, and clearing organizations (701) (372) (147)
Payables to brokerage clients (244) (272) (271)
Other short-term borrowings (324) (504) (375)
Federal Home Loan Bank borrowings (356) (1,245) (1,810)
Long-term debt (836) (846) (715)
Other interest expense (108) (2) (3)
Interest expense (3,754) (6,393) (6,684)
Net interest revenue 11,750 9,144 9,427
Total net revenues 23,921 19,606 18,837
Asset management and administration fees      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 6,506 5,716 4,756
Mutual funds, ETFs, and CTFs      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 3,665 3,221 2,563
Managed investing solutions      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 2,440 2,129 1,868
Other      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 401 366 325
Trading revenue      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 3,921 3,264 3,230
Commissions      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 1,797 1,591 1,601
Order flow revenue      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 1,930 1,477 1,404
Principal transactions      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 194 196 225
Bank deposit account fees      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers 977 729 705
Other      
Disaggregation of Revenue [Line Items]      
Revenues from contracts with customers $ 767 $ 753 $ 719