Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 45

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 45
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 counterparty, the balance sheet netting adjustments and the resulting net fair value amount recorded on our consolidated balance sheet, as well as the non-cash collateral associated with such arrangements. In addition to the netting amounts included in the table, we also have balance sheet netting related to resale and repurchase agreements that are disclosed within Note 15 (Securities Financing Activities).

90Wells Fargo & Company

Table 11.2:  Offsetting of Derivative Assets and LiabilitiesMarch 31, 2025December 31, 2024(in millions)Derivative AssetsDerivative LiabilitiesDerivative AssetsDerivative Liabilities Interest rate contracts Over-the-counter (OTC)$22,936 24,336 26,350 27,786  OTC cleared378 406 961 1,126  Exchange traded266 211 178 121  Total interest rate contracts23,580 24,953 27,489 29,033  Commodity contracts OTC3,520 2,353 1,936 1,121  Exchange traded323 671 301 327  Total commodity contracts3,843 3,024 2,237 1,448  Equity contracts OTC5,508 7,900 6,139 9,977  Exchange traded6,563 4,716 7,195 4,271  Total equity contracts12,071 12,616 13,334 14,248  Foreign exchange contracts OTC29,868 32,356 51,541 50,654  Total foreign exchange contracts29,868 32,356 51,541 50,654  Credit contracts OTC95 50 91 46  Total credit contracts95 50 91 46 Total derivatives subject to enforceable master netting arrangements, gross69,457 72,999 94,692 95,429  Less: Gross amounts offset Counterparty netting (1)(50,002)(49,806)(69,080)(68,945) Cash collateral netting(4,108)(14,752)(9,617)(14,069)Total derivatives subject to enforceable master netting arrangements, net15,347 8,441 15,995 12,415 Derivatives not subject to enforceable master netting arrangements3,171