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

Derivatives - Designated Fair Value Hedged Assets and Liabilities (Details)

v3.22.1

Derivatives - Designated Fair Value Hedged Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Hedged liability, long-term debt, carrying value	$ 181,212	$ 181,745
Hedged liability, long-term debt, cumulative fair value adjustments	(6,968)	3,987
Amortized cost basis of portfolios used in hedging relationships	19,500	21,100
Hedged asset, fair value edge, last-of-layer, amount	6,200	6,900
Cumulative basis adjustments, hedging relationships	(370)	(172)
Total AFS debt securities
Derivative [Line Items]
Hedged asset, available-for-sale debt securities, carrying value	203,697	209,038
Hedged asset, available-for-sale debt securities, cumulative fair value adjustments	(10,118)	(2,294)
Total trading account assets
Derivative [Line Items]
Hedged asset, available-for-sale debt securities, carrying value	10,601	2,067
Hedged asset, available-for-sale debt securities, cumulative fair value adjustments	283	32
Interest rate risk on long-term debt
Derivative [Line Items]
Increase (decrease) in liability	1,300	1,500
Interest rate risk on AFS securities
Derivative [Line Items]
Available-for-sale securities from discontinued hedging relationships cumulative increase (decrease)	$ (4,200)	$ (1,000)

- Definition

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Amount of cumulative increase (decrease) in fair value of hedged asset in fair value hedge, attributable to hedged risk, remaining after discontinued hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4EE
-Subparagraph (d)
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- Definition

Amount of asset hedged in fair value hedging relationship.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
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Amount of cumulative increase (decrease) in fair value of hedged asset in fair value hedge, attributable to hedged risk.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 4EE
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Amount of asset hedged in last of layer, expected to be remaining at end of hedging relationship.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4EEE
-Subparagraph (b)
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Amount of cumulative increase (decrease) in fair value of hedged asset in fair value hedge, attributable to hedged risk, in last-of-layer hedging relationship.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4EEE
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Amount of cumulative increase (decrease) in fair value of hedged liability in fair value hedge, attributable to hedged risk, remaining after discontinued hedge.

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Amount of liability hedged in fair value hedging relationship.

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Amount of cumulative increase (decrease) in fair value of hedged liability in fair value hedge, attributable to hedged risk.

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-Publisher FASB
-Name Accounting Standards Codification
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- Definition

Amortized cost of closed portfolio of prepayable financial asset, used to designate hedging relationship in which hedged item is last layer expected to be remaining at end of hedging relationship.

+ References

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