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Derivatives (Tables)
 6 Months Ended
Jun. 30, 2024
Derivative Instrument Detail [Abstract]  
Derivative Contracts [Table Text Block]
The following table summarizes the fair values of derivative contracts recorded as "derivative contracts" assets and liabilities in the balance sheet at June 30, 2024 (in thousands):
Assets
 
Notional1
Gross Fair ValueNetting AdjustmentsNet Fair Value Before Cash CollateralCash CollateralFair Value Net of Cash Collateral
Customer risk management programs:   
Interest rate contracts$2,964,667 $109,692 $(2,691)$107,001 $(103,743)$3,258 
Energy contracts7,472,357 631,285 (435,236)196,049 (38,770)157,279 
Foreign exchange contracts35,606 35,451 — 35,451 (22)35,429 
Equity option contracts1,593 158 — 158 (50)108 
Total customer risk management programs10,474,223 776,586 (437,927)338,659 (142,585)196,074 
Trading25,238,831 82,976 (59,454)23,522 (1,520)22,002 
Internal risk management programs456,976 7,284 (284)7,000 — 7,000 
Total derivative contracts$36,170,030 $866,846 $(497,665)$369,181 $(144,105)$225,076 
Liabilities
 
Notional1
Gross Fair ValueNetting AdjustmentsNet Fair Value Before Cash CollateralCash CollateralFair Value Net of Cash Collateral
Customer risk management programs:   
Interest rate contracts$2,964,667 $109,685 $(2,691)$106,994 $— $106,994 
Energy contracts7,851,998 619,809 (435,236)184,573 (54,007)130,566 
Foreign exchange contracts35,590 35,419 — 35,419 (34)35,385 
Equity option contracts1,593 158 — 158 — 158 
Total customer risk management programs10,853,848 765,071 (437,927)327,144 (54,041)273,103 
Trading24,337,408 83,121 (59,454)23,667 (10,545)13,122 
Internal risk management programs79,617 1,568 (284)1,284 — 1,284 
Total derivative contracts$35,270,873 $849,760 $(497,665)$352,095 $(64,586)$287,509 
1    Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
The following table summarizes the fair values of derivative contracts recorded as "derivative contracts" assets and liabilities in the balance sheet at December 31, 2023 (in thousands):
Assets
 
Notional 1
Gross Fair ValueNetting AdjustmentsNet Fair Value Before Cash CollateralCash CollateralFair Value Net of Cash Collateral
Customer risk management programs:   
Interest rate contracts$2,754,476 $108,450 $(6,810)$101,640 $(94,608)$7,032 
Energy contracts7,846,190 836,425 (399,148)437,277 (169,141)268,136 
Foreign exchange contracts54,999 53,863 — 53,863 (872)52,991 
Equity option contracts3,316 54 — 54 (44)10 
Total customer risk management programs10,658,981 998,792 (405,958)592,834 (264,665)328,169 
Trading16,264,818 118,545 (37,111)81,434 (6,996)74,438 
Internal risk management programs425,014 7,697 — 7,697 — 7,697 
Total derivative contracts$27,348,813 $1,125,034 $(443,069)$681,965 $(271,661)$410,304 
Liabilities
 
Notional 1
Gross Fair ValueNetting AdjustmentsNet Fair Value Before Cash CollateralCash CollateralFair Value Net of Cash Collateral
Customer risk management programs:   
Interest rate contracts$2,754,476 $108,402 $(6,810)$101,592 $— $101,592 
Energy contracts8,254,004 831,467 (399,148)432,319 (6,441)425,878 
Foreign exchange contracts54,405 53,065 — 53,065 — 53,065 
Equity option contracts3,316 54 — 54 — 54 
Total customer risk management programs11,066,201 992,988 (405,958)587,030 (6,441)580,589 
Trading20,644,156 224,648 (37,111)187,537 (181,917)5,620 
Internal risk management programs2,244 1,264 — 1,264 — 1,264 
Total derivative contracts$31,712,601 $1,218,900 $(443,069)$775,831 $(188,358)$587,473 
1    Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
Derivative Instruments, Gain (Loss) in Statement of Earnings [Table Text Block]
The following summarizes the pre-tax net gains (losses) on derivative instruments and where they are recorded in the income statement (in thousands):
 Three Months Ended
June 30, 2024June 30, 2023
 Brokerage
and Trading Revenue		Gain (Loss) on Derivatives, NetBrokerage
and Trading
Revenue		Gain (Loss) on Derivatives, Net
Customer risk management programs:    
Interest rate contracts$547 $— $2,339 $— 
Energy contracts6,162 — 11,250 — 
Foreign exchange contracts56 — 53 — 
Equity option contracts— — — — 
Total customer risk management programs6,765 — 13,642 — 
Trading1
32,576 — 64,172 — 
Internal risk management programs— (1,091)— (8,159)
Total derivative contracts$39,341 $(1,091)$77,814 $(8,159)
1    Represents changes in fair value of to-be-announced securities and other derivative instruments held to mitigate market risk of trading securities portfolio, which is offset by changes in fair value of trading securities also included in Brokerage and Trading Revenue in the Consolidated Statements of Earnings.
 Six Months Ended
June 30, 2024June 30, 2023
 Brokerage
and Trading Revenue		Gain (Loss) on Derivatives, NetBrokerage
and Trading
Revenue		Gain (Loss) on Derivatives, Net
Customer risk management programs:    
Interest rate contracts3,007 — 4,109 — 
Energy contracts9,977 — 17,803 — 
Foreign exchange contracts106 — 84 — 
Equity option contracts— — — — 
Total customer risk management programs13,090 — 21,996 — 
Trading1
116,282 — 1,079 — 
Internal risk management programs— (9,724)— (9,503)
Total derivative contracts$129,372 $(9,724)$23,075 $(9,503)
1    Represents changes in fair value of to-be-announced securities and other derivative instruments held to mitigate market risk of trading securities portfolio, which is offset by changes in fair value of trading securities also included in Brokerage and Trading Revenue in the Consolidated Statements of Earnings.