v3.25.4
SECURITIES BORROWED, LOANED AND SUBJECT TO REPURCHASE AGREEMENTS - Repurchase Agreements (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets Sold under Agreements to Repurchase    
Repurchase agreements $ 716,423 $ 563,539
Securities lending agreements 48,807 34,315
Total 765,230 597,854
U.S. Treasury and federal agency securities    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 349,012 324,233
Securities lending agreements 28 40
Total 349,040 324,273
State and municipal    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 240 183
Securities lending agreements 56 0
Total 296 183
Foreign government    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 208,189 132,123
Securities lending agreements 226 1,069
Total 208,415 133,192
Corporate bonds    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 24,161 17,467
Securities lending agreements 163 330
Total 24,324 17,797
Marketable equity securities    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 26,779 18,498
Securities lending agreements 46,792 32,837
Total 73,571 51,335
Mortgage-backed securities    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 100,191 65,279
Securities lending agreements 21 0
Total 100,212 65,279
Asset-backed securities    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 6,203 2,609
Securities lending agreements 73 23
Total 6,276 2,632
Other debt securities    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 1,648 3,147
Securities lending agreements 1,448 16
Total 3,096 3,163
Open and overnight    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 359,099 299,527
Securities lending agreements 36,757 25,898
Total 395,856 325,425
Up to 30 days    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 232,476 154,036
Securities lending agreements 352 213
Total 232,828 154,249
31–90 days    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 53,470 46,635
Securities lending agreements 1,263 1,007
Total 54,733 47,642
Greater than 90 days    
Assets Sold under Agreements to Repurchase    
Repurchase agreements 71,378 63,341
Securities lending agreements 10,435 7,197
Total $ 81,813 $ 70,538