Quarterly report pursuant to Section 13 or 15(d)

Merger and Restructuring Activity (Tables)

v2.3.0.15
Merger and Restructuring Activity (Tables)
9 Months Ended
Sep. 30, 2011
Business Combinations [Abstract]  
Merger and Restructuring Charges
The table below presents the components of merger and restructuring charges.

 
Three Months Ended September 30
 
Nine Months Ended September 30
(Dollars in millions)
2011
 
2010
 
2011
 
2010
Severance and employee-related charges
$
48

 
$
88

 
$
181

 
$
362

Systems integrations and related charges
62

 
260

 
247

 
898

Other
66

 
73

 
109

 
190

Total merger and restructuring charges
$
176

 
$
421

 
$
537

 
$
1,450

Merger-related Restructuring Reserves
Substantially all of the amounts in the table below relate to the Merrill Lynch acquisition.

 
Restructuring Reserves
(Dollars in millions)
2011
 
2010
Balance, January 1
$
336

 
$
403

Exit costs and restructuring charges:
 
 
 
Merrill Lynch
127

 
199

Other

 
53

Cash payments and other
(294
)
 
(395
)
Balance, June 30
$
169

 
$
260

Exit costs and restructuring charges:
 
 
 
Merrill Lynch
45

 
87

Cash payments and other
(18
)
 
(74
)
Balance, September 30
$
196

 
$
273