Annual report pursuant to Section 13 and 15(d)

Parent Company Information - Income Statement (Details)

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Parent Company Information - Income Statement (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]      
Other income (loss) $ (29,000,000) $ (2,034,000,000) $ 8,215,000,000
Noninterest expense 69,214,000,000 72,093,000,000 80,274,000,000
Income tax benefit 4,741,000,000 (1,116,000,000) (1,676,000,000)
Net income (loss) 11,431,000,000 [1] 4,188,000,000 [1] 1,446,000,000 [1]
Net income (loss) applicable to common shareholders 10,082,000,000 2,760,000,000 85,000,000
Table Details [Abstract]      
Provision For representations and warranties 1,300,000,000 4,100,000,000 6,900,000,000
Bank of America Corporation [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Bank holding companies and related subsidiaries 8,532,000,000 16,213,000,000 10,277,000,000
Nonbank companies and related subsidiaries 357,000,000 542,000,000 553,000,000
Interest from subsidiaries 2,087,000,000 627,000,000 869,000,000
Other income (loss) 233,000,000 [2] (304,000,000) [2] 10,603,000,000 [2]
Total Income 11,209,000,000 17,078,000,000 22,302,000,000
Interest on borrowed funds 6,379,000,000 5,376,000,000 6,234,000,000
Noninterest expense 12,668,000,000 [3] 11,643,000,000 [3] 11,861,000,000 [3]
Total Expense 19,047,000,000 17,019,000,000 18,095,000,000
Income before income taxes (7,838,000,000) 59,000,000 4,207,000,000
Income tax benefit (7,227,000,000) (5,883,000,000) (2,783,000,000)
Income (loss) before equity in undistributed earnings of subsidiaries (611,000,000) 5,942,000,000 6,990,000,000
Bank holding companies and related subsidiaries 14,150,000,000 1,072,000,000 6,650,000,000
Nonbank companies and related subsidiaries (2,108,000,000) (2,826,000,000) (12,194,000,000)
Total equity in undistributed earnings (losses) of subsidiaries 12,042,000,000 (1,754,000,000) (5,544,000,000)
Net income (loss) 11,431,000,000 4,188,000,000 1,446,000,000
Common Stock [Member] | China Construction Bank [Member]
     
Table Details [Abstract]      
Cost-method Investments, Realized Gains $ 800,000,000   $ 6,500,000,000
[1] There were no material intersegment revenues.
[2] Includes $753 million and $6.5 billion of gains related to the sale of the Corporation’s investment in CCB in 2013 and 2011.
[3] Includes, in aggregate, $1.3 billion, $4.1 billion and $6.9 billion in 2013, 2012 and 2011 of representations and warranties provision, which is presented as a component of mortgage banking income on the Consolidated Statement of Income, litigation expense and in 2012 an expense related to an agreement with the Federal Reserve and the OCC to cease the Independent Foreclosure Review and replace it with an accelerated remediation process. Condensed Balance Sheet December 31(Dollars in millions)2013 2012Assets Cash held at bank subsidiaries$98,679 $101,831Securities747 1,959Receivables from subsidiaries: Bank holding companies and related subsidiaries23,558 33,481Banks and related subsidiaries1,682 —Nonbank companies and related subsidiaries46,577 3,861Investments in subsidiaries: Bank holding companies and related subsidiaries268,234 185,803Nonbank companies and related subsidiaries1,818 65,300Other assets19,073 15,208Total assets$460,368 $407,443Liabilities and shareholders’ equity Short-term borrowings$181 $100Accrued expenses and other liabilities15,428 34,364Payables to subsidiaries: Bank holding companies and related subsidiaries— 1,396Banks and related subsidiaries1,991 —Nonbank companies and related subsidiaries15,980 688Long-term debt194,103 133,939Total liabilities227,683 170,487Shareholders’ equity232,685 236,956Total liabilities and shareholders’ equity$460,368 $407,443 Condensed Statement of Cash Flows (Dollars in millions)2013 2012 2011Operating activities Net income $11,431 $4,188 $1,446Reconciliation of net income to net cash provided by (used in) operating activities: Equity in undistributed (earnings) losses of subsidiaries(12,042) 1,754 5,544Other operating activities, net(10,422) (3,432) 6,716Net cash provided by (used in) operating activities(11,033) 2,510 13,706Investing activities Net sales of securities459 13 8,444Net payments from subsidiaries39,336 12,973 5,780Other investing activities, net3 445 (8)Net cash provided by investing activities39,798 13,431 14,216Financing activities Net increase (decrease) in short-term borrowings178 (616) (13,172)Net increase (decrease) in other advances(14,378) 10,100 (4,449)Proceeds from issuance of long-term debt30,966 17,176 16,047Retirement of long-term debt(39,320) (63,851) (21,742)Proceeds from issuance of preferred stock and warrants1,008 667 5,000Redemption of preferred stock(6,461) — —Common stock repurchased(3,220) — —Cash dividends paid(1,677) (1,909) (1,738)Other financing activities, net— (668) (1)Net cash used in financing activities(32,904) (39,101) (20,055)Net increase (decrease) in cash held at bank subsidiaries(4,139) (23,160) 7,867Cash held at bank subsidiaries at January 1102,818 124,991 117,124Cash held at bank subsidiaries at December 31$98,679 $101,831 $124,991