Current report filing

Shareholders' Equity (Details)

v2.4.0.6
Shareholders' Equity (Details) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Series B Preferred Stock [Member]
Dec. 31, 2011
Series D Preferred Stock [Member]
Dec. 31, 2011
Series E Preferred Stock [Member]
Dec. 31, 2011
Series H Preferred Stock [Member]
Dec. 31, 2011
Series I Preferred Stock [Member]
Dec. 31, 2011
Series J Preferred Stock [Member]
Dec. 31, 2011
Series K Preferred Stock [Member]
Dec. 31, 2011
Series L Preferred Stock [Member]
Dec. 31, 2011
Series M Preferred Stock [Member]
Dec. 31, 2011
Series T Preferred Stock [Member]
Dec. 31, 2011
Series 1 Preferred Stock [Member]
Dec. 31, 2011
Series 2 Preferred Stock [Member]
Dec. 31, 2011
Series 3 Preferred Stock [Member]
Dec. 31, 2011
Series 4 Preferred Stock [Member]
Dec. 31, 2011
Series 5 Preferred Stock [Member]
Dec. 31, 2011
Series 6 Preferred Stock [Member]
Dec. 31, 2011
Series 7 Preferred Stock [Member]
Dec. 31, 2011
Series 8 Preferred Stock [Member]
Dec. 31, 2011
Option One [Member]
Series E Preferred Stock [Member]
Dec. 31, 2011
Option Two [Member]
Series E Preferred Stock [Member]
Dec. 31, 2011
Through January 29, 2018 [Member]
Series K Preferred Stock [Member]
Dec. 31, 2011
Through May 14, 2018 [Member]
Series M Preferred Stock [Member]
Class of Stock [Line Items]                                                
Total Shares Outstanding 3,689,084 3,943,660 7,571 [1] 26,174 [2],[3] 13,576 [2],[3] 114,483 [2],[3] 14,584 [2],[3] 38,053 [2],[3] 61,773 [2],[4] 3,080,182 52,399 [2],[4] 50,000 3,646 [2],[5] 12,111 [2],[5] 21,773 [2],[5] 10,773 [2],[5] 16,902 [2],[5] 59,388 [2],[6] 16,596 [2],[6] 89,100 [2],[5]        
Liquidation Preference Per Share (in dollars)     $ 100 [1] $ 25,000 [1] $ 25,000 [1] $ 25,000 [1] $ 25,000 [1] $ 25,000 [1] $ 25,000 [1] $ 1,000 [1] $ 25,000 [1] $ 100,000 [1] $ 30,000 [1] $ 30,000 [1] $ 30,000 [1] $ 30,000 [1] $ 30,000 [1] $ 1,000 [1] $ 1,000 [1] $ 30,000 [1]        
Carrying Value $ 18,730   $ 1 [1],[7] $ 654 [2],[3],[7] $ 340 [2],[3],[7] $ 2,862 [2],[3],[7] $ 365 [2],[3],[7] $ 951 [2],[3],[7] $ 1,544 [2],[3],[7] $ 3,080 [2],[3],[7] $ 1,310 [2],[3],[7] $ 2,918 [2],[3],[7] $ 109 [2],[3],[7] $ 363 [2],[3],[7] $ 653 [2],[3],[7] $ 323 [2],[3],[7] $ 507 [2],[3],[7] $ 60 [2],[3],[7] $ 17 [2],[3],[7] $ 2,673 [2],[3],[7]        
Per Annum Dividend Rate     7.00% [1] 6.204% [2],[3]   8.20% [2],[3] 6.625% [2],[3] 7.25% [2],[3]   7.25%   6.00%     6.375% [2],[5]     6.70% [2],[6] 6.25% [2],[6] 8.625% [2],[5]   4.00% 8.00% 8.125%
Dividend Payment Rate, Variable                 three-month Libor   three-month Libor   three-month Libor three-month Libor   three-month Libor three-month Libor       three-month Libor      
Dividend Payment Basis Spread                 3.63%   3.64%   0.75% 0.65%   0.75% 0.50%       0.35%      
Preferred Stock, Discount on Shares $ 333                                              
Minimum Interest Rate Per Annum                         3.00%     4.00%                
[1] Series B Preferred Stock does not have early redemption/call rights.
[2] The Corporation may redeem series of preferred stock on or after the redemption date, in whole or in part, at its option, at the liquidation preference plus declared and unpaid dividends.
[3] Ownership is held in the form of depositary shares, each representing a 1/1000th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.
[4] Ownership is held in the form of depositary shares, each representing a 1/25th interest in a share of preferred stock, paying a semi-annual cash dividend, if and when declared, until the redemption date adjusts to a quarterly cash dividend, if and when declared, thereafter.
[5] Ownership is held in the form of depositary shares, each representing a 1/1200th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.
[6] Ownership is held in the form of depositary shares, each representing a 1/40th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.
[7] Amounts shown are before third-party issuance costs and other Merrill Lynch purchase accounting related adjustments of $333 million.