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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Assets measured at fair value on a recurring basis

June 30, 2021

December 31, 2020

    

Level 1

    

Level 2

    

Level 3

    

Total

    

Level 1

    

Level 2

    

Level 3

    

Total

(in millions)

Assets

Investments (Note 4)

$

10,616

$

115

$

42

$

10,773

$

8,546

$

174

$

41

$

8,761

Derivative assets, net (Note 6)

 

 

683

 

 

683

 

 

785

 

 

785

$

10,616

$

798

$

42

$

11,456

$

8,546

$

959

$

41

$

9,546

Liabilities

Securities sold, not yet purchased (Note 4)

$

4,231

$

$

$

4,231

$

2,521

$

$

$

2,521

Derivative liabilities, net (Note 6)

 

 

754

 

 

754

 

11

 

628

 

 

639

Other liabilities

 

 

485

 

 

485

 

 

214

 

 

214

$

4,231

$

1,239

$

$

5,470

$

2,532

$

842

$

$

3,374