Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles 10Q (Policies)
Notes Tables
Notes Details

Derivatives - Derivatives Designated as Cash Flow and Net Investment Hedges (Details)

v3.20.2

Derivatives - Derivatives Designated as Cash Flow and Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Cash flow hedges
Amounts excluded from effectiveness testing and recognized in other income	$ 10	$ 32	$ 115	$ 109
Cash flow hedges
Cash flow hedges
Gains (Losses) in Accumulated OCI on Derivatives	115		1,017
Gains (Losses) in Income Reclassified from Accumulated OCI	13		(36)
Interest rate risk on variable-rate assets \| Cash flow hedges
Cash flow hedges
Gains (Losses) in Accumulated OCI on Derivatives	(101)	125	810	743
Gains (Losses) in Income Reclassified from Accumulated OCI	5	(27)	(44)	(78)
Price risk on forecasted MBS purchases \| Cash flow hedges
Cash flow hedges
Gains (Losses) in Accumulated OCI on Derivatives	184		184
Gains (Losses) in Income Reclassified from Accumulated OCI	3		3
Price risk on certain compensation plans \| Cash flow hedges
Cash flow hedges
Gains (Losses) in Accumulated OCI on Derivatives	32		23
Gains (Losses) in Income Reclassified from Accumulated OCI	5		5
Foreign exchange risk \| Net investment hedges
Cash flow hedges
Gains (Losses) in Accumulated OCI on Derivatives	(703)	786	265	590
Gains (Losses) in Income Reclassified from Accumulated OCI	$ 0	$ 362	$ 1	$ 363

- Definition

Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), After Reclassification And Tax [Abstract]

+ References

No definition available.

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- Definition

The net gain (loss) relating to components of the gain (loss) on the cash flow hedging instrument excluded from the assessment of cash flow hedge effectiveness. Recognized in earnings.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
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- Definition

Amount, after tax and before reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
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- Definition

Amount, after tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness.

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