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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Assets measured at fair value on a recurring basis

March 31, 2022

December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

    

Level 1

    

Level 2

    

Level 3

    

Total

(in millions)

Assets

Investments (Note 4)

$

7,154

$

111

$

42

$

7,307

$

8,905

$

113

$

42

$

9,060

Derivative assets, net (Note 6)

 

 

469

 

 

469

 

 

612

 

 

612

$

7,154

$

580

$

42

$

7,776

$

8,905

$

725

$

42

$

9,672

Liabilities

Securities sold, not yet purchased (Note 4)

$

4,776

$

$

$

4,776

$

5,340

$

$

$

5,340

Derivative liabilities, net (Note 6)

 

 

729

 

 

729

 

 

787

 

 

787

RFS obligations (Note 16)

 

 

585

 

 

585

 

 

494

 

 

494

$

4,776

$

1,314

$

$

6,090

$

5,340

$

1,281

$

$

6,621