Shareholders' Equity (Details) (USD $)
In Millions, except Share data, unless otherwise specified |
0 Months Ended | 3 Months Ended | 0 Months Ended | |||
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Feb. 10, 2015
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Mar. 31, 2015
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Mar. 31, 2014
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Jan. 27, 2015
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Mar. 17, 2015
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Apr. 16, 2015
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Class of Stock [Line Items] | ||||||
Common stock dividends declared (in usd per share) | $ 0.05us-gaap_CommonStockDividendsPerShareDeclared | |||||
Share-based compensation, number of shares authorized (shares) | 1,800,000,000us-gaap_CommonStockCapitalSharesReservedForFutureIssuance | |||||
Preferred stock dividends | $ 382us-gaap_DividendsPreferredStockCash | $ 238us-gaap_DividendsPreferredStockCash | ||||
Payment of preferred stock dividends | 319us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock | |||||
Issuance of preferred stock | 2,964us-gaap_StockIssuedDuringPeriodValueNewIssues | |||||
Key Associate Stock Plan | Restricted Stock Units (RSUs) | ||||||
Class of Stock [Line Items] | ||||||
Awards granted in period |
131,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod / us-gaap_AwardTypeAxis = us-gaap_RestrictedStockUnitsRSUMember / us-gaap_PlanNameAxis = bac_KeyAssociateStockPlanMember |
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Restricted stock units authorized to be converted to common stock upon vesting (shares) |
2,000,000bac_RestrictedStockUnitsConversionBasistoCommonStockNumberofShares / us-gaap_AwardTypeAxis = us-gaap_RestrictedStockUnitsRSUMember / us-gaap_PlanNameAxis = bac_KeyAssociateStockPlanMember |
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Key Associate Stock Plan | Restricted Stock Units (RSUs) | Anniversary One | ||||||
Class of Stock [Line Items] | ||||||
Vesting percentage |
33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage / us-gaap_AwardTypeAxis = us-gaap_RestrictedStockUnitsRSUMember / us-gaap_PlanNameAxis = bac_KeyAssociateStockPlanMember / us-gaap_VestingAxis = us-gaap_ShareBasedCompensationAwardTrancheOneMember |
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Key Associate Stock Plan | Restricted Stock Units (RSUs) | Anniversary Two | ||||||
Class of Stock [Line Items] | ||||||
Vesting percentage |
33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage / us-gaap_AwardTypeAxis = us-gaap_RestrictedStockUnitsRSUMember / us-gaap_PlanNameAxis = bac_KeyAssociateStockPlanMember / us-gaap_VestingAxis = us-gaap_ShareBasedCompensationAwardTrancheTwoMember |
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Key Associate Stock Plan | Restricted Stock Units (RSUs) | Anniversary Three | ||||||
Class of Stock [Line Items] | ||||||
Vesting percentage |
33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage / us-gaap_AwardTypeAxis = us-gaap_RestrictedStockUnitsRSUMember / us-gaap_PlanNameAxis = bac_KeyAssociateStockPlanMember / us-gaap_VestingAxis = us-gaap_ShareBasedCompensationAwardTrancheThreeMember |
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Series Y Preferred Stock | ||||||
Class of Stock [Line Items] | ||||||
Shares issued during the period (shares) |
44,000us-gaap_StockIssuedDuringPeriodSharesNewIssues / us-gaap_StatementClassOfStockAxis = bac_SeriesYPreferredStockMember |
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Preferred stock dividend rate |
6.50%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesYPreferredStockMember |
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Issuance of preferred stock |
1,100us-gaap_StockIssuedDuringPeriodValueNewIssues / us-gaap_StatementClassOfStockAxis = bac_SeriesYPreferredStockMember |
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Liquidation preference (in usd per share) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesYPreferredStockMember |
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Series AA Preferred Stock | ||||||
Class of Stock [Line Items] | ||||||
Shares issued during the period (shares) |
76,000us-gaap_StockIssuedDuringPeriodSharesNewIssues / us-gaap_StatementClassOfStockAxis = bac_SeriesAAPreferredStockMember |
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Issuance of preferred stock |
$ 1,900us-gaap_StockIssuedDuringPeriodValueNewIssues / us-gaap_StatementClassOfStockAxis = bac_SeriesAAPreferredStockMember |
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Liquidation preference (in usd per share) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesAAPreferredStockMember |
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Warrants Expiring January 16, 2019 | ||||||
Class of Stock [Line Items] | ||||||
Warrants outstanding |
150,400,000us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_ClassOfWarrantOrRightAxis = bac_WarrantsExpiringJanuary162019Member |
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Minimum required dividend rate |
$ 0.01bac_ClassofWarrantorRightMinimumDividendsPerShareDeclaredTriggeringAdjustmenttoExercisePriceofWarrant / us-gaap_ClassOfWarrantOrRightAxis = bac_WarrantsExpiringJanuary162019Member |
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Exercise price per warrant |
$ 13.20us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_ClassOfWarrantOrRightAxis = bac_WarrantsExpiringJanuary162019Member |
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Warrants Expiring October 28, 2018 | ||||||
Class of Stock [Line Items] | ||||||
Warrants outstanding |
121,800,000us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_ClassOfWarrantOrRightAxis = bac_WarrantsExpiringOctober282018Member |
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Minimum required dividend rate |
$ 0.32bac_ClassofWarrantorRightMinimumDividendsPerShareDeclaredTriggeringAdjustmenttoExercisePriceofWarrant / us-gaap_ClassOfWarrantOrRightAxis = bac_WarrantsExpiringOctober282018Member |
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Subsequent Event | ||||||
Class of Stock [Line Items] | ||||||
Common stock dividends declared (in usd per share) |
$ 0.05us-gaap_CommonStockDividendsPerShareDeclared / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
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Common Stock | ||||||
Class of Stock [Line Items] | ||||||
Stock issued (shares) |
7,000,000us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
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Shares paid for tax withholding for share based compensation (shares) |
3,000,000us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
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- Definition
Class of Warrant or Right, Minimum Dividends Per Share Declared Triggering Adjustment to Exercise Price of Warrant No definition available.
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Restricted Stock Units, Conversion Basis to Common Stock, Number of Shares No definition available.
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Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash outflow in the form of ordinary dividends to preferred shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The percentage rate used to calculate dividend payments on preferred stock. No definition available.
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- Definition
The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Percentage of vesting of share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For net-share settlement of share-based awards when the employer settles employees' income tax withholding obligations, this element represents the number of shares the employees use to repay the employer. No definition available.
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Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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