Annual report pursuant to Section 13 and 15(d)

Merger and Restructuring Activity (Tables)

v2.4.0.6
Merger and Restructuring Activity (Tables)
 12 Months Ended
Dec. 31, 2011
Merger and Restructuring Activity [Abstract]  
Merger and Restructuring Charges [Table Text Block]
The merger and restructuring charges table presents the components of merger and restructuring charges.
 
 
 
 
 
 
Merger and Restructuring Charges
 
 
 
 
 
 
(Dollars in millions)
2011
 
2010
 
2009
Severance and employee-related charges
$
226

 
$
455

 
$
1,351

Systems integrations and related charges
285

 
1,137

 
1,155

Other
127

 
228

 
215

Total merger and restructuring charges
$
638

 
$
1,820

 
$
2,721

Merger-related Restructuring Reserves [Table Text Block]
Substantially all of the amounts in the restructuring reserves table 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
217

 
375

Other
—

 
54

Cash payments and other
(319
)
 
(496
)
Balance, December 31
$
234

 
$
336