Parent Company Information - Income Statement (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Condensed Income Statements, Captions [Line Items] | |||
Other income (loss) | $ 1,203us-gaap_NoninterestIncomeOtherOperatingIncome | $ (49)us-gaap_NoninterestIncomeOtherOperatingIncome | $ (2,087)us-gaap_NoninterestIncomeOtherOperatingIncome |
Revenues | 84,247us-gaap_Revenues | 88,942us-gaap_Revenues | 83,334us-gaap_Revenues |
Noninterest expense | 75,117us-gaap_NoninterestExpense | 69,214us-gaap_NoninterestExpense | 72,093us-gaap_NoninterestExpense |
Income tax expense (benefit) | 2,022us-gaap_IncomeTaxExpenseBenefit | 4,741us-gaap_IncomeTaxExpenseBenefit | (1,116)us-gaap_IncomeTaxExpenseBenefit |
Net income | 4,833us-gaap_NetIncomeLoss | 11,431us-gaap_NetIncomeLoss | 4,188us-gaap_NetIncomeLoss |
Net income (loss) applicable to common shareholders | 3,789us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | 10,082us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | 2,760us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
Bank of America Corporation | |||
Condensed Income Statements, Captions [Line Items] | |||
Interest from subsidiaries |
1,836bac_InterestIncomefromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
2,087bac_InterestIncomefromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
627bac_InterestIncomefromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Other income (loss) |
72us-gaap_NoninterestIncomeOtherOperatingIncome / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
233us-gaap_NoninterestIncomeOtherOperatingIncome / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(304)us-gaap_NoninterestIncomeOtherOperatingIncome / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Revenues |
14,457us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
11,209us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
17,078us-gaap_Revenues / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Interest on borrowed funds |
7,213us-gaap_InterestExpenseBorrowings / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
8,109us-gaap_InterestExpenseBorrowings / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
6,147us-gaap_InterestExpenseBorrowings / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Noninterest expense |
4,471us-gaap_NoninterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
10,938us-gaap_NoninterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
10,872us-gaap_NoninterestExpense / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Total Expense |
11,684us-gaap_OperatingExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
19,047us-gaap_OperatingExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
17,019us-gaap_OperatingExpenses / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries |
2,773bac_IncomeLossfromContinuingOperationsbeforeIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(7,838)bac_IncomeLossfromContinuingOperationsbeforeIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
59bac_IncomeLossfromContinuingOperationsbeforeIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Income tax expense (benefit) |
(4,079)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(7,227)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(5,883)us-gaap_IncomeTaxExpenseBenefit / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Income (loss) before equity in undistributed earnings of subsidiaries |
6,852bac_IncomeLossfromContinuingOperationsafterIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(611)bac_IncomeLossfromContinuingOperationsafterIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
5,942bac_IncomeLossfromContinuingOperationsafterIncomeLossFromSubsidiariesNetofTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Bank holding companies and related subsidiaries |
(2,019)us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
12,042us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
(1,754)us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Net income |
4,833us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
11,431us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
4,188us-gaap_NetIncomeLoss / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Net income (loss) applicable to common shareholders |
3,789us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
10,082us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
2,760us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / dei_LegalEntityAxis = us-gaap_ParentCompanyMember |
Bank Holding Companies and Related Subsidiaries | Bank of America Corporation | |||
Condensed Income Statements, Captions [Line Items] | |||
Dividends from subsidiaries |
12,400bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
8,532bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
16,213bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
Bank holding companies and related subsidiaries |
3,613us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
14,150us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
1,072us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_BankHoldingCompaniesandRelatedSubsidiariesMember |
Nonbank Companies and Related Subsidiaries | Bank of America Corporation | |||
Condensed Income Statements, Captions [Line Items] | |||
Dividends from subsidiaries |
149bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
357bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
542bac_CashDividendsfromSubsidiaries / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
Bank holding companies and related subsidiaries |
$ (5,632)us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
$ (2,108)us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
$ (2,826)us-gaap_IncomeLossFromSubsidiariesNetOfTax / dei_LegalEntityAxis = us-gaap_ParentCompanyMember / bac_TypeofSubsidiaryAxis = bac_NonbankCompaniesandRelatedSubsidiariesMember |
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Cash Dividends from Subsidiaries No definition available.
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Income (Loss) from Continuing Operations, after Income (Loss) From Subsidiaries, Net of Tax No definition available.
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Represents income before equity in undistributed earnings of subsidiaries. No definition available.
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Represents interest income from subsidiaries. No definition available.
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Amount after tax of income (loss) of subsidiary attributable to the parent entity. No definition available.
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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate amount of interest expense on all borrowings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Represents other forms of revenue earned, excluding interest, which is not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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