Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements - Reconciliation (Details)

v2.4.0.8
Fair Value Measurements - Reconciliation (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Balance, beginning $ (796) [1],[2] $ 1,173 [3],[4] $ (24) [5],[6] $ 1,468 [5],[7]  
Gains (Losses) in Earnings 241 [1],[2] (499) [3],[4] 44 [5],[6] 186 [5],[7]  
Gains (Losses) in OCI    [1],[2] 0 [3],[4]    [5],[6]    [5],[7]  
Purchases 339 [1],[2] 126 [3],[4] 653 [5],[6] 509 [5],[7]  
Sales (372) [1],[2] (102) [3],[4] (1,356) [5],[6] (762) [5],[7]  
Issuances    [1],[2] 0 [3],[4]    [5],[6]    [5],[7]  
Settlements 115 [1],[2] (147) [3],[4] (131) [5],[6] (1,190) [5],[7]  
Gross Transfers into Level 3 (138) [1],[2] 116 [3],[4] (97) [5],[6] (46) [5],[7]  
Gross Transfers out of Level 3 78 [1],[2] 101 [3],[4] 378 [5],[6] 603 [5],[7]  
Balance, ending (533) [5],[6] 768 [3],[4],[5],[7] (533) [5],[6] 768 [3],[4],[5],[7]  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]          
Gross Derivative Assets 856,200   856,200   920,300
Gross Derivative Liabilities 847,900   847,900   906,400
Level 3 | Recurring
          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]          
Gross Derivative Assets 6,947 [8] 7,500 [8] 6,947 [8] 7,500 [8] 7,277 [9]
Gross Derivative Liabilities 7,480 [8] 6,800 [8] 7,480 [8] 6,800 [8] 7,301 [9]
Corporate securities, trading loans and other
          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning (27) [1] (55) [3] (35) [5] (64) [5]  
Gains (Losses) in Earnings   1 [3] 1 [5] 7 [5]  
Purchases 1 [1] 6 [3] 13 [5] 24 [5]  
Sales 0 [1] (9) [3] (7) [5] (40) [5]  
Issuances       (5) [5]  
Gross Transfers into Level 3 0 [1]   0 [5] (9) [5]  
Gross Transfers out of Level 3 0 [1] 8 [3] 2 [5] 38 [5]  
Balance, ending (26) [5] (49) [3],[5] (26) [5] (49) [3],[5]  
Accrued expenses and other liabilities
          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning (8) [1],[10] (230) [10],[3] (10) [11],[5] (15) [11],[5]  
Gains (Losses) in Earnings 0 [1],[10] 8 [10],[12],[3] 1 [10],[11],[5] 30 [10],[11],[5]  
Gains (Losses) in OCI    [1],[10]    [10],[3]    [11],[5]    [11],[5]  
Purchases 0 [1],[10]    [10],[3] 0 [11],[5]    [11],[5]  
Sales    [1],[10]    [10],[3]    [11],[5]    [11],[5]  
Issuances    [1],[10]    [10],[3]    [11],[5] (751) [11],[5]  
Settlements    [1],[10] 189 [10],[3]    [11],[5] 703 [11],[5]  
Gross Transfers into Level 3    [1],[10]    [10],[3]    [11],[5] (1) [11],[5]  
Gross Transfers out of Level 3 0 [1],[10] 2 [10],[3] 1 [11],[5] 3 [11],[5]  
Balance, ending (8) [11],[5] (31) [10],[11],[3],[5] (8) [11],[5] (31) [10],[11],[3],[5]  
Long-term debt
          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning (2,416) [1],[10] (1,890) [10],[3] (1,990) [11],[5] (2,301) [11],[5]  
Gains (Losses) in Earnings 123 [1],[10],[12] (62) [10],[12],[3] 4 [10],[11],[5] 41 [10],[11],[5]  
Gains (Losses) in OCI    [1],[10]    [10],[3]    [11],[5]    [11],[5]  
Purchases 50 [1],[10] 47 [10],[3] 153 [11],[5] 306 [11],[5]  
Sales 0 [1],[10]    [10],[3] 0 [11],[5] (4) [11],[5]  
Issuances (445) [1],[10] (47) [10],[3] (496) [11],[5] (149) [11],[5]  
Settlements 168 [1],[10] 46 [10],[3] 404 [11],[5] 172 [11],[5]  
Gross Transfers into Level 3 (379) [1],[10] (485) [10],[3] (1,199) [11],[5] (1,017) [11],[5]  
Gross Transfers out of Level 3 550 [1],[10] 328 [10],[3] 775 [11],[5] 889 [11],[5]  
Balance, ending (2,349) [11],[5] (2,063) [10],[11],[3],[5] (2,349) [11],[5] (2,063) [10],[11],[3],[5]  
U.S. government and agency securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 0 [1]   0 [5]    
Gains (Losses) in Earnings 0 [1]   0 [5]    
Gains (Losses) in OCI    [1]      [5]    
Purchases 87 [1]   87 [5]    
Sales 0 [1]   0 [5]    
Issuances    [1]      [5]    
Settlements 0 [1]   0 [5]    
Gross Transfers into Level 3 0 [1]   0 [5]    
Gross Transfers out of Level 3 0 [1]   0 [5]    
Balance, ending 87 [5]   87 [5]    
Corporate securities, trading loans and other
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 2,772 [1] 2,763 [3] 3,559 [5] 3,726 [5]  
Gains (Losses) in Earnings 50 [1] 133 [3] 213 [5] 256 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5]    [5]  
Purchases 451 [1] 2,002 [3] 1,129 [5] 3,519 [5]  
Sales (252) [1] (892) [3] (693) [5] (2,817) [5]  
Issuances    [1] 22 [3]    [5] 22 [5]  
Settlements (191) [1] (205) [3] (700) [5] (444) [5]  
Gross Transfers into Level 3 532 [1] 187 [3] 929 [5] 629 [5]  
Gross Transfers out of Level 3 (323) [1] (230) [3] (1,398) [5] (1,111) [5]  
Balance, ending 3,039 [5] 3,780 [3],[5] 3,039 [5] 3,780 [3],[5]  
Equity securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 356 [1] 464 [3] 386 [5] 545 [5]  
Gains (Losses) in Earnings 2 [1] 4 [3] 14 [5] 54 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5]    [5]  
Purchases 49 [1] 20 [3] 95 [5] 77 [5]  
Sales (31) [1] (16) [3] (64) [5] (160) [5]  
Issuances    [1] 0 [3]    [5]    [5]  
Settlements (15) [1] (100) [3] (15) [5] (100) [5]  
Gross Transfers into Level 3 56 [1] 8 [3] 72 [5] 45 [5]  
Gross Transfers out of Level 3 (60) [1] (42) [3] (131) [5] (123) [5]  
Balance, ending 357 [5] 338 [3],[5] 357 [5] 338 [3],[5]  
Non-U.S. sovereign debt
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 640 [1] 401 [3] 468 [5] 353 [5]  
Gains (Losses) in Earnings (28) [1] 11 [3] 59 [5] 56 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5]    [5]  
Purchases 21 [1] 3 [3] 120 [5] 29 [5]  
Sales (28) [1] (14) [3] (34) [5] (15) [5]  
Issuances    [1] 0 [3]    [5]    [5]  
Settlements (11) [1] (10) [3] (17) [5] (32) [5]  
Gross Transfers into Level 3    [1]    [3]    [5] 1 [5]  
Gross Transfers out of Level 3 0 [1] (3) [3] (2) [5] (4) [5]  
Balance, ending 594 [5] 388 [3],[5] 594 [5] 388 [3],[5]  
Mortgage trading loans and ABS
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 4,311 [1] 4,685 [3] 4,631 [5] 4,935 [5]  
Gains (Losses) in Earnings 21 [1] (7) [3] 222 [5] 165 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5]    [5]  
Purchases 384 [1] 350 [3] 1,203 [5] 1,981 [5]  
Sales (270) [1] (443) [3] (1,084) [5] (1,777) [5]  
Issuances    [1] 0 [3]    [5]    [5]  
Settlements (63) [1] (74) [3] (524) [5] (775) [5]  
Gross Transfers into Level 3 25 [1] 13 [3] 25 [5] 18 [5]  
Gross Transfers out of Level 3 (2,518) [1] (4) [3] (2,583) [5] (27) [5]  
Balance, ending 1,890 [5] 4,520 [3],[5] 1,890 [5] 4,520 [3],[5]  
Trading Securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 8,079 [1] 8,313 [3] 9,044 [5] 9,559 [5]  
Gains (Losses) in Earnings 45 [1] 141 [3] 508 [5] 531 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5]    [5]  
Purchases 992 [1] 2,375 [3] 2,634 [5] 5,606 [5]  
Sales (581) [1] (1,365) [3] (1,875) [5] (4,769) [5]  
Issuances    [1] 22 [3]    [5] 22 [5]  
Settlements (280) [1] (389) [3] (1,256) [5] (1,351) [5]  
Gross Transfers into Level 3 613 [1] 208 [3] 1,026 [5] 693 [5]  
Gross Transfers out of Level 3 (2,901) [1] (279) [3] (4,114) [5] (1,265) [5]  
Balance, ending 5,967 [5] 9,026 [3],[5] 5,967 [5] 9,026 [3],[5]  
Non-agency residential
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 0 [1]   0 [5]    
Gains (Losses) in Earnings (1) [1]   (1) [5]    
Gains (Losses) in OCI    [1]   0 [5]    
Purchases 11 [1]   11 [5]    
Sales    [1]   0 [5]    
Issuances    [1]   0 [5]    
Settlements 0 [1]   0 [5]    
Gross Transfers into Level 3    [1]   0 [5]    
Gross Transfers out of Level 3    [1]   0 [5]    
Balance, ending 10 [5]   10 [5]    
Commercial
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning       10 [5]  
Gains (Losses) in Earnings          [5]  
Gains (Losses) in OCI          [5]  
Purchases          [5]  
Sales       0 [5]  
Issuances          [5]  
Settlements       (10) [5]  
Gross Transfers into Level 3          [5]  
Gross Transfers out of Level 3       0 [5]  
Balance, ending      [5]      [5]  
Non-U.S. securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 0 [1] 0 [3] 107 [5] 0 [5]  
Gains (Losses) in Earnings    [1] 5 [3] 0 [5] 5 [5]  
Gains (Losses) in OCI (11) [1] 0 [3] (11) [5] 0 [5]  
Purchases 228 [1]    [3] 228 [5] 1 [5]  
Sales    [1] 0 [3] 0 [5] (1) [5]  
Issuances    [1]    [3]    [5]    [5]  
Settlements (27) [1] 0 [3] (134) [5] 0 [5]  
Gross Transfers into Level 3    [1] 100 [3] 0 [5] 100 [5]  
Gross Transfers out of Level 3    [1]    [3] 0 [5]    [5]  
Balance, ending 190 [5] 105 [3],[5] 190 [5] 105 [3],[5]  
Corporate/Agency bonds
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 0 [1] 8 [3] 0 [5] 92 [5]  
Gains (Losses) in Earnings 0 [1]   0 [5] 0 [5]  
Gains (Losses) in OCI    [1] 0 [3]    [5] 4 [5]  
Purchases    [1]    [3] 0 [5]    [5]  
Sales    [1]    [3]    [5] 0 [5]  
Issuances    [1]    [3]    [5]    [5]  
Settlements    [1]    [3]    [5]    [5]  
Gross Transfers into Level 3 93 [1]    [3] 93 [5]    [5]  
Gross Transfers out of Level 3    [1]    [3] 0 [5] (88) [5]  
Balance, ending 93 [5] 8 [3],[5] 93 [5] 8 [3],[5]  
Other taxable securities, substantially all asset-backed securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 3,266 [1] 4,157 [3] 3,847 [5] 3,928 [5]  
Gains (Losses) in Earnings 1 [1] 2 [3] 9 [5] 5 [5]  
Gains (Losses) in OCI 0 [1] (2) [3] (5) [5] 10 [5]  
Purchases 0 [1] 215 [3] 133 [5] 825 [5]  
Sales    [1]    [3] 0 [5] 0 [5]  
Issuances    [1]    [3]    [5]    [5]  
Settlements (257) [1] (359) [3] (974) [5] (750) [5]  
Gross Transfers into Level 3    [1]    [3] 0 [5] 0 [5]  
Gross Transfers out of Level 3 (954) [1]    [3] (954) [5] (5) [5]  
Balance, ending 2,056 [5] 4,013 [3],[5] 2,056 [5] 4,013 [3],[5]  
Tax-exempt securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 735 [1] 877 [3] 806 [5] 1,061 [5]  
Gains (Losses) in Earnings 5 [1] 2 [3] 8 [5] 3 [5]  
Gains (Losses) in OCI (3) [1] 1 [3] 1 [5] 15 [5]  
Purchases    [1]    [3] 0 [5]    [5]  
Sales (16) [1] 0 [3] (16) [5] 0 [5]  
Issuances    [1]    [3]    [5]    [5]  
Settlements (142) [1] (63) [3] (221) [5] (94) [5]  
Gross Transfers into Level 3 35 [1]    [3] 36 [5]    [5]  
Gross Transfers out of Level 3    [1]    [3] 0 [5] (168) [5]  
Balance, ending 614 [5] 817 [3],[5] 614 [5] 817 [3],[5]  
Available-for-sale Securities
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 4,001 [1] 5,042 [3] 4,760 [5] 5,091 [5]  
Gains (Losses) in Earnings 5 [1] 9 [3] 16 [5] 13 [5]  
Gains (Losses) in OCI (14) [1] (1) [3] (15) [5] 29 [5]  
Purchases 239 [1] 215 [3] 372 [5] 826 [5]  
Sales (16) [1] 0 [3] (16) [5] (1) [5]  
Issuances    [1]    [3]    [5]    [5]  
Settlements (426) [1] (422) [3] (1,329) [5] (854) [5]  
Gross Transfers into Level 3 128 [1] 100 [3] 129 [5] 100 [5]  
Gross Transfers out of Level 3 (954) [1] 0 [3] (954) [5] (261) [5]  
Balance, ending 2,963 [5] 4,943 [3],[5] 2,963 [5] 4,943 [3],[5]  
Loans and leases
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 3,018 [1],[10],[13] 1,901 [10],[13],[3] 3,057 [11],[14],[5] 2,287 [11],[14],[5]  
Gains (Losses) in Earnings 12 [1],[10],[12],[13] (20) [10],[12],[13],[3] 71 [10],[11],[14],[5] 80 [10],[11],[14],[5]  
Gains (Losses) in OCI    [1],[10],[13]    [10],[13],[3]    [11],[14],[5]    [11],[14],[5]  
Purchases    [1],[10],[13]    [10],[13],[3]    [11],[14],[5] 71 [11],[14],[5]  
Sales    [1],[10],[13] 0 [10],[13],[3] (3) [11],[14],[5]    [11],[14],[5]  
Issuances 10 [1],[10],[13] 1,247 [10],[13],[3] 699 [11],[14],[5] 1,252 [11],[14],[5]  
Settlements (757) [1],[10],[13] (119) [10],[13],[3] (1,538) [11],[14],[5] (665) [11],[14],[5]  
Gross Transfers into Level 3 7 [1],[10],[13] 12 [10],[13],[3] 20 [11],[14],[5] 12 [11],[14],[5]  
Gross Transfers out of Level 3 (248) [1],[10],[13] (5) [10],[13],[3] (264) [11],[14],[5] (21) [11],[14],[5]  
Balance, ending 2,042 [11],[14],[5] 3,016 [10],[11],[13],[14],[3],[5] 2,042 [11],[14],[5] 3,016 [10],[11],[13],[14],[3],[5]  
Mortgage servicing rights
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 4,368 [1],[13] 5,827 [13],[3] 5,042 [14],[5] 5,716 [14],[5]  
Gains (Losses) in Earnings (95) [1],[13] 71 [13],[3] (634) [14],[5] 1,531 [14],[5]  
Gains (Losses) in OCI    [1],[13]    [13],[3]    [14],[5]    [14],[5]  
Purchases    [1],[13]    [13],[3]    [14],[5]    [14],[5]  
Sales (1) [1],[13] (729) [13],[3] (47) [14],[5] (1,774) [14],[5]  
Issuances 203 [1],[13] 129 [13],[3] 581 [14],[5] 399 [14],[5]  
Settlements (232) [1],[13] (240) [13],[3] (699) [14],[5] (814) [14],[5]  
Gross Transfers into Level 3    [1],[13]    [13],[3]    [14],[5]    [14],[5]  
Gross Transfers out of Level 3    [1],[13]    [13],[3]    [14],[5]    [14],[5]  
Balance, ending 4,243 [14],[5] 5,058 [13],[14],[3],[5] 4,243 [14],[5] 5,058 [13],[14],[3],[5]  
Loans Held-for-Sale
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 110 [1],[10] 2,153 [10],[3] 929 [11],[5] 2,733 [11],[5]  
Gains (Losses) in Earnings (14) [1],[10],[12] 40 [10],[12],[3] 57 [10],[11],[5] 20 [10],[11],[5]  
Gains (Losses) in OCI    [1],[10]    [10],[3]    [11],[5]    [11],[5]  
Purchases 29 [1],[10] 0 [10],[3] 53 [11],[5] 8 [11],[5]  
Sales (11) [1],[10] 0 [10],[3] (725) [11],[5] (390) [11],[5]  
Issuances    [1],[10] 3 [10],[3]    [11],[5] 3 [11],[5]  
Settlements (1) [1],[10] (1,283) [10],[3] (213) [11],[5] (1,492) [11],[5]  
Gross Transfers into Level 3 67 [1],[10] 0 [10],[3] 81 [11],[5] 34 [11],[5]  
Gross Transfers out of Level 3 (7) [1],[10] 0 [10],[3] (9) [11],[5] (3) [11],[5]  
Balance, ending 173 [11],[5] 913 [10],[11],[3],[5] 173 [11],[5] 913 [10],[11],[3],[5]  
Other assets
          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Balance, beginning 972 [1],[15] 1,700 [16],[3] 1,669 [15],[5] 3,129 [17],[5]  
Gains (Losses) in Earnings 15 [1],[15] 3 [16],[3] (71) [15],[5] (324) [17],[5]  
Gains (Losses) in OCI    [1],[15]    [16],[3]    [15],[5]    [17],[5]  
Purchases 0 [1],[15] 1 [16],[3] 0 [15],[5] 43 [17],[5]  
Sales (39) [1],[15] (35) [16],[3] (420) [15],[5] (218) [17],[5]  
Issuances    [1],[15]    [16],[3]    [15],[5]    [17],[5]  
Settlements (7) [1],[15] (30) [16],[3] (237) [15],[5] (936) [17],[5]  
Gross Transfers into Level 3 3 [1],[15] 239 [16],[3] 3 [15],[5] 239 [17],[5]  
Gross Transfers out of Level 3 (13) [1],[15]    [16],[3] (13) [15],[5] (55) [17],[5]  
Balance, ending $ 931 [15],[5] $ 1,878 [16],[17],[3],[5] $ 931 [15],[5] $ 1,878 [16],[17],[3],[5]  
[1] Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3.
[2] Net derivatives include derivative assets of $6.9 billion and derivative liabilities of $7.5 billion
[3] Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3.
[4] Net derivatives include derivative assets of $7.5 billion and derivative liabilities of $6.8 billion.
[5] (1) Assets (liabilities). For assets, increase (decrease) to Level 3 and for liabilities, (increase) decrease to Level 3.
[6] (2) Net derivatives include derivative assets of $6.9 billion and derivative liabilities of $7.5 billion.
[7] (2) Net derivatives include derivative assets of $7.5 billion and derivative liabilities of $6.8 billion.
[8] For further disaggregation of derivative assets and liabilities, see Note 2 – Derivatives.
[9] For further disaggregation of derivative assets and liabilities, see Note 2 – Derivatives
[10] Amounts represent instruments that are accounted for under the fair value option.
[11] (3) Amounts represent instruments that are accounted for under the fair value option.
[12] Amounts represent instruments that are accounted for under the fair value option.Level 3 – Total Realized and Unrealized Gains (Losses) Included in Earnings Nine Months Ended September 30, 2014(Dollars in millions)TradingAccountProfits(Losses) MortgageBankingIncome(Loss) (1) Other (2) TotalTrading account assets: Corporate securities, trading loans and other$213 $— $— $213Equity securities14 — — 14Non-U.S. sovereign debt59 — — 59Mortgage trading loans and ABS222 — — 222Total trading account assets508 — — 508Net derivative assets(523) 567 — 44AFS debt securities: Non-agency residential MBS— — (1) (1)Other taxable securities— — 9 9Tax-exempt securities— — 8 8Total AFS debt securities— — 16 16Loans and leases (3)— — 71 71Mortgage servicing rights3 (637) — (634)Loans held-for-sale (3)(2) — 59 57Other assets— (49) (22) (71)Trading account liabilities – Corporate securities and other1 — — 1Accrued expenses and other liabilities (3)— — 1 1Long-term debt (3)32 — (28) 4Total$19 $(119) $97 $(3) Nine Months Ended September 30, 2013Trading account assets: Corporate securities, trading loans and other$256 $— $— $256Equity securities54 — — 54Non-U.S. sovereign debt56 — — 56Mortgage trading loans and ABS165 — — 165Total trading account assets531 — — 531Net derivative assets(581) 767 — 186AFS debt securities: Non-U.S. securities— — 5 5Other taxable securities— — 5 5Tax-exempt securities— — 3 3Total AFS debt securities— — 13 13Loans and leases (3)— (38) 118 80Mortgage servicing rights— 1,531 — 1,531Loans held-for-sale (3)— 2 18 20Other assets— 124 (448) (324)Trading account liabilities – Corporate securities and other7 — — 7Accrued expenses and other liabilities (3)— 30 — 30Long-term debt (3)49 — (8) 41Total$6 $2,416 $(307) $2,115
[13] Issuances represent loan originations and mortgage servicing rights retained following securitizations or whole-loan sales.
[14] (4) Issuances represent loan originations and mortgage servicing rights retained following securitizations or whole-loan sales.
[15] (5) Other assets is primarily comprised of private equity investments and certain long-term fixed-rate margin loans that are accounted for under the fair value option.
[16] Other assets is primarily comprised of net monoline exposure to a single counterparty and private equity investments.
[17] (5) Other assets is primarily comprised of net monoline exposure to a single counterparty and private equity investments.