Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

Derivatives - Derivatives Designated as Accounting Hedges - Fair Value Hedges (Details)

v2.4.1.9

Derivatives - Derivatives Designated as Accounting Hedges - Fair Value Hedges (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ (82)	$ (5,169)	$ (1,687)
Hedged Item	(827)	4,181	552
Hedge Ineffectiveness	(909)	(988)	(1,135)
Interest rate risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	2,144	(4,704)	(195)
Hedged Item	(2,935)	3,925	(770)
Hedge Ineffectiveness	(791)	(779)	(965)
Interest rate and foreign currency risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(2,212)	(1,291)	(1,482)
Hedged Item	2,120	1,085	1,225
Hedge Ineffectiveness	(92)	(206)	(257)
Interest rate risk on AFS securities \| Interest income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(35)	839	(4)
Hedged Item	3	(840)	91
Hedge Ineffectiveness	(32)	(1)	87
Price risk on commodity inventory \| Trading gain (loss)
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	21	(13)	(6)
Hedged Item	(15)	11	6
Hedge Ineffectiveness	$ 6	$ (2)

- Definition

Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 25

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

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- Definition

Amount of gain (loss)recognized in the income statement from the hedging ineffectiveness of a fair value hedge.

+ References

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- Definition

Total amount of gain (loss) derived from fair value hedges recognized in earnings in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624171-113959

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