v3.25.4
Variable Interest Entities and Securitization Activities - Transfers of Assets with Continuing Involvement (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Variable Interest Entity    
Derivative assets $ 36,790 $ 38,569
Derivative liabilities 42,025 37,930
SPE    
Variable Interest Entity    
Interests purchased in the secondary market 220 187
Derivative assets 1,522 1,408
Derivative liabilities 733 400
SPE | Investment grade    
Variable Interest Entity    
Interests purchased in the secondary market 176 158
SPE | Non-investment grade    
Variable Interest Entity    
Interests purchased in the secondary market 44 29
SPE | RML    
Variable Interest Entity    
SPE assets (UPB) 15,089 6,989
Retained interests 748 373
Interests purchased in the secondary market 76 50
Derivative assets 0 0
Derivative liabilities 0 0
SPE | RML | Investment grade    
Variable Interest Entity    
Retained interests 288 198
Interests purchased in the secondary market 62 45
SPE | RML | Non-investment grade    
Variable Interest Entity    
Retained interests 460 175
Interests purchased in the secondary market 14 5
SPE | CML    
Variable Interest Entity    
SPE assets (UPB) 84,729 78,232
Retained interests 1,587 1,466
Interests purchased in the secondary market 92 58
Derivative assets 0 0
Derivative liabilities 0 0
SPE | CML | Investment grade    
Variable Interest Entity    
Retained interests 456 543
Interests purchased in the secondary market 62 34
SPE | CML | Non-investment grade    
Variable Interest Entity    
Retained interests 1,131 923
Interests purchased in the secondary market 30 24
SPE | Agency CMBS    
Variable Interest Entity    
SPE assets (UPB) 18,230 18,174
Retained interests 1,127 967
Interests purchased in the secondary market 52 79
Derivative assets 0 0
Derivative liabilities 0 0
SPE | Agency CMBS | Investment grade    
Variable Interest Entity    
Retained interests 1,127 967
Interests purchased in the secondary market 52 79
SPE | Agency CMBS | Non-investment grade    
Variable Interest Entity    
Retained interests 0 0
Interests purchased in the secondary market 0 0
SPE | CLN and Other    
Variable Interest Entity    
SPE assets (UPB) 13,312 12,725
Retained interests 123 71
Interests purchased in the secondary market 0 0
Derivative assets 1,522 1,408
Derivative liabilities 733 400
SPE | CLN and Other | Investment grade    
Variable Interest Entity    
Retained interests 0 0
Interests purchased in the secondary market 0 0
SPE | CLN and Other | Non-investment grade    
Variable Interest Entity    
Retained interests 123 71
Interests purchased in the secondary market $ 0 $ 0