v3.25.4
Derivative Instruments and Hedging Activities - Maximum Potential Payout/Notional of Credit Protection Sold (Details) - Credit Protection Sold - USD ($)
$ in Billions
Dec. 31, 2025
Dec. 31, 2024
Credit Derivatives    
Maximum potential payout/notional $ 396 $ 368
Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 38 36
1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 91 81
3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 234 221
Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 33 30
CDS    
Credit Derivatives    
Maximum potential payout/notional 393 365
CDS protection sold with identical protection purchased 339 303
CDS | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 38 36
CDS | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 91 81
CDS | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 234 221
CDS | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 30 27
Single-name CDS    
Credit Derivatives    
Maximum potential payout/notional 140 133
Single-name CDS | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 24 22
Single-name CDS | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 51 47
Single-name CDS | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 53 53
Single-name CDS | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 12 11
Single-name CDS | Investment grade    
Credit Derivatives    
Maximum potential payout/notional 98 93
Single-name CDS | Investment grade | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 16 15
Single-name CDS | Investment grade | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 34 31
Single-name CDS | Investment grade | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 37 37
Single-name CDS | Investment grade | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 11 10
Single-name CDS | Non-investment grade    
Credit Derivatives    
Maximum potential payout/notional 42 40
Single-name CDS | Non-investment grade | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 8 7
Single-name CDS | Non-investment grade | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 17 16
Single-name CDS | Non-investment grade | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 16 16
Single-name CDS | Non-investment grade | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 1 1
Index and basket CDS    
Credit Derivatives    
Maximum potential payout/notional 253 232
Index and basket CDS | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 14 14
Index and basket CDS | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 40 34
Index and basket CDS | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 181 168
Index and basket CDS | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 18 16
Index and basket CDS | Investment grade    
Credit Derivatives    
Maximum potential payout/notional 23 25
Index and basket CDS | Investment grade | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 7 3
Index and basket CDS | Investment grade | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 8 12
Index and basket CDS | Investment grade | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 8 10
Index and basket CDS | Investment grade | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 0 0
Index and basket CDS | Non-investment grade    
Credit Derivatives    
Maximum potential payout/notional 230 207
Index and basket CDS | Non-investment grade | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 7 11
Index and basket CDS | Non-investment grade | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 32 22
Index and basket CDS | Non-investment grade | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 173 158
Index and basket CDS | Non-investment grade | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 18 16
Other credit contracts    
Credit Derivatives    
Maximum potential payout/notional 3 3
Other credit contracts | Less Than 1 (Year)    
Credit Derivatives    
Maximum potential payout/notional 0 0
Other credit contracts | 1 - 3 (Years)    
Credit Derivatives    
Maximum potential payout/notional 0 0
Other credit contracts | 3 - 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional 0 0
Other credit contracts | Over 5 (Years)    
Credit Derivatives    
Maximum potential payout/notional $ 3 $ 3