Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 183

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 12
Chunk 183
---
)— (43)(7)(50)Total derivative liabilities (gross)(108)(76,776)(1,881)(78,765)(125)(93,658)(5,566)(99,349)Short-sale and other liabilities (25,494)(8,540)(48)(34,082)(21,835)(6,909)(52)(28,796)Interest-bearing deposits— (23)— (23)— (318)— (318)Long-term debt— (6,621)— (6,621)— (3,495)— (3,495)Total liabilities prior to derivative netting$(25,602)(91,960)(1,929)(119,491)(21,960)(104,380)(5,618)(131,958)Derivative netting (1)67,240 83,014 Total liabilities after derivative netting$(52,251)(48,944)(1)Represents balance sheet netting of derivative asset and liability balances, related cash collateral, and portfolio level valuation adjustments. See Note 11 (Derivatives) for additional information.

Wells Fargo & Company99

Note 12:  Fair Value Measurements (continued)

Level 3 Assets and Liabilities Recorded at Fair Value on a Recurring BasisTable 12.2 presents the changes in Level 3 assets and liabilities measured at fair value on a recurring basis.Table 12.2:  Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis Net unrealized gains (losses)related to assets and liabilities held at period end(in millions)Balance,beginningof periodNet gains/(losses) (1)Purchases (2)SalesSettlementsTransfers into Level 3 (3)Transfersout ofLevel 3 (4)Balance,end ofperiod(5)Quarter ended September 30, 2025Trading debt securities$108 (3)42 (43)(1)4 (3)104 (1)(6)Available-for-sale debt securities209 11 3 — (2)— — 221 9 (6)Loans held for sale150 2 13 (47)(5)45 (8)150 3 (7)Mortgage servicing rights (residential) (8)6,417 (94)27 (183)— — — 6,167 98 (