Shareholders' Equity - Preferred Stock Summary (Details) (USD $) In Millions, except Share data, unless otherwise specified
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12 Months Ended |
0 Months Ended |
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Dec. 31, 2014
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Sep. 09, 2014
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Jan. 30, 2018
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May 15, 2018
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Jun. 02, 2023
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Jun. 18, 2019
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Sep. 06, 2024
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Oct. 24, 2024
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Dec. 31, 2013
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Class of Stock [Line Items] |
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Total Shares Outstanding |
3,647,790us-gaap_PreferredStockSharesOutstanding
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3,407,790us-gaap_PreferredStockSharesOutstanding
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Carrying Value |
$ 19,505bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments
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Adjustment to preferred stock |
196bac_PreferredStockRedeemableandNonRedeemableValueAdjustments
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Series B Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
7,571us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 100us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
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Carrying Value |
1bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
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Per Annum Dividend Rate |
7.00%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember
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Series D Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
26,174us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember
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Carrying Value |
654bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember
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Per Annum Dividend Rate |
6.204%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember
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Series E Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
12,691us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember
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Carrying Value |
317bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember
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Minimum interest rate per annum |
4.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember
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Series F Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
1,409us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesFPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 100,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesFPreferredStockMember
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Carrying Value |
141bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesFPreferredStockMember
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Minimum interest rate per annum |
4.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesFPreferredStockMember
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Series G Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
4,926us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesGPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 100,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesGPreferredStockMember
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Carrying Value |
493bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesGPreferredStockMember
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Minimum interest rate per annum |
4.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesGPreferredStockMember
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Series I Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
14,584us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesIPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesIPreferredStockMember
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Carrying Value |
365bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesIPreferredStockMember
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Per Annum Dividend Rate |
6.625%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesIPreferredStockMember
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Series K Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
61,773us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesKPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesKPreferredStockMember
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Carrying Value |
1,544bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesKPreferredStockMember
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Per Annum Dividend Rate |
8.00%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesKPreferredStockMember
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Series L Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
3,080,182us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesLPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 1,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesLPreferredStockMember
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Carrying Value |
3,080bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesLPreferredStockMember
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Per Annum Dividend Rate |
7.25%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesLPreferredStockMember
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Series M Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
52,399us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesMPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesMPreferredStockMember
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Carrying Value |
1,310bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesMPreferredStockMember
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Per Annum Dividend Rate |
8.125%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesMPreferredStockMember
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Series T Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
50,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesTPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 100,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesTPreferredStockMember
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Carrying Value |
2,918bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesTPreferredStockMember
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Per Annum Dividend Rate |
6.00%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesTPreferredStockMember
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Series U Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
40,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesUPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesUPreferredStockMember
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Carrying Value |
1,000bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesUPreferredStockMember
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Per Annum Dividend Rate |
5.20%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesUPreferredStockMember
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Series V Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
60,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesVPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesVPreferredStockMember
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Carrying Value |
1,500bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesVPreferredStockMember
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Per Annum Dividend Rate |
5.125%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesVPreferredStockMember
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Series W Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
44,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesWPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesWPreferredStockMember
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Carrying Value |
1,100bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesWPreferredStockMember
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Per Annum Dividend Rate |
6.625%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesWPreferredStockMember
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6.625%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesWPreferredStockMember
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Series X Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
80,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesXPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesXPreferredStockMember
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Carrying Value |
2,000bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesXPreferredStockMember
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Per Annum Dividend Rate |
6.25%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesXPreferredStockMember
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Series Z Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
56,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_SeriesZPreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 25,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_SeriesZPreferredStockMember
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Carrying Value |
1,400bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_SeriesZPreferredStockMember
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Per Annum Dividend Rate |
65.00%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_SeriesZPreferredStockMember
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Series 1 Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
3,275us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_Series1PreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 30,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_Series1PreferredStockMember
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Carrying Value |
98bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_Series1PreferredStockMember
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Minimum interest rate per annum |
3.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = bac_Series1PreferredStockMember
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Series 2 Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
9,967us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_Series2PreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 30,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_Series2PreferredStockMember
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Carrying Value |
299bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_Series2PreferredStockMember
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Minimum interest rate per annum |
3.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = bac_Series2PreferredStockMember
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Series 3 Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
21,773us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_Series3PreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 30,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_Series3PreferredStockMember
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Carrying Value |
653bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_Series3PreferredStockMember
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Per Annum Dividend Rate |
6.375%us-gaap_PreferredStockDividendRatePercentage / us-gaap_StatementClassOfStockAxis = bac_Series3PreferredStockMember
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Series 4 Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
7,010us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_Series4PreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 30,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_Series4PreferredStockMember
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Carrying Value |
210bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_Series4PreferredStockMember
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Minimum interest rate per annum |
4.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = bac_Series4PreferredStockMember
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Series 5 Preferred Stock |
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Class of Stock [Line Items] |
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Total Shares Outstanding |
14,056us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = bac_Series5PreferredStockMember
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Liquidation Preference per Share (in dollars) |
$ 30,000us-gaap_PreferredStockLiquidationPreference / us-gaap_StatementClassOfStockAxis = bac_Series5PreferredStockMember
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Carrying Value |
$ 422bac_PreferredStockRedeemableandNonRedeemableValueBeforeAdjustments / us-gaap_StatementClassOfStockAxis = bac_Series5PreferredStockMember
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Minimum interest rate per annum |
4.00%bac_PreferredStockDividendRate.BasisSpreadonVariableRateMinimumRateperAnnum / us-gaap_StatementClassOfStockAxis = bac_Series5PreferredStockMember
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3-Month London Interbank Offered Rate (LIBOR) | Series E Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0035bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series F Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0040bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesFPreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series G Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0040bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesGPreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series 1 Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0075bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_Series1PreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series 2 Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0065bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_Series2PreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series 4 Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0075bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_Series4PreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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3-Month London Interbank Offered Rate (LIBOR) | Series 5 Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
0.0050bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_Series5PreferredStockMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series K Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.0363bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesKPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series M Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.0364bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesMPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series U Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.3135bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesUPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series V Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.3387bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesVPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series X Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.3705bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesXPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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Scenario, Forecast | 3-Month London Interbank Offered Rate (LIBOR) | Series Z Preferred Stock |
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Class of Stock [Line Items] |
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Basis spread on variable rate for dividend rate |
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0.4174bac_PreferredStockDividendRateBasisSpreadonVariableRate / us-gaap_StatementClassOfStockAxis = bac_SeriesZPreferredStockMember / us-gaap_StatementScenarioAxis = us-gaap_ScenarioForecastMember / us-gaap_VariableRateAxis = bac_A3MonthLondonInterbankOfferedRateLIBORMember
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