Annual report pursuant to Section 13 and 15(d)

Allowance for Credit Losses (Details)

v2.4.0.6
Allowance for Credit Losses (Details) (USD $)
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Jan. 02, 2010
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans Receivable, Fair Value Disclosure $ 8,804,000,000 $ 3,321,000,000      
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1 41,885,000,000 37,200,000,000 23,071,000,000 [1]    
Loans and Leases Charged Off (24,742,000,000) (37,390,000,000) (35,483,000,000)    
Recoveries of Loans and Leases Previously Charged Off 3,909,000,000 3,056,000,000 1,795,000,000    
Net Charge-Offs (20,833,000,000) (34,334,000,000) (33,688,000,000)    
Provision for Loan and Lease Losses 13,629,000,000 28,195,000,000 48,366,000,000    
Other (898,000,000) 36,000,000 (549,000,000)    
Allowance for Loan and Lease Losses, December 31 33,783,000,000 41,885,000,000 37,200,000,000    
Reserve For Unfunded Lending Commitments, January 1 1,188,000,000 1,487,000,000 421,000,000 714,000,000  
Provision for unfunded lending commitments (219,000,000) 240,000,000 204,000,000    
Other (255,000,000) (539,000,000) 862,000,000    
Allowance For Credit Losses, December 31 34,497,000,000 43,073,000,000 38,687,000,000    
Allowance for loan and lease losses related to the adoption of new consolidation guidance         10,800,000,000
Held to Maturity Debt Securities Received in Exchange for Credit Card Loans Received     7,800,000,000    
Increase Associated With Reclassification To Other Assets For Amount Reimbursable for Securitization     340,000,000    
Purchased Credit-Impaired Loans [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1 6,429,000,000 3,900,000,000      
Allowance for Loan and Lease Losses, December 31 8,459,000,000 6,429,000,000 3,900,000,000    
Provision for credit losses 2,200,000,000 2,200,000,000 3,500,000,000    
Home Loans [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1 19,252,000,000 16,329,000,000 [1]      
Loans and Leases Charged Off (9,291,000,000) (10,915,000,000)      
Recoveries of Loans and Leases Previously Charged Off 894,000,000 396,000,000      
Net Charge-Offs (8,397,000,000) (10,519,000,000)      
Provision for Loan and Lease Losses 10,300,000,000 13,335,000,000      
Other (76,000,000) 107,000,000      
Allowance for Loan and Lease Losses, December 31 21,079,000,000 19,252,000,000      
Allowance For Credit Losses, December 31 21,079,000,000 19,252,000,000      
Allowance for loan and lease losses related to the adoption of new consolidation guidance         573,000,000
Home Loans [Member] | Purchased Credit-Impaired Loans [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1       8,459,000,000  
Allowance for Loan and Lease Losses, December 31 8,459,000,000 6,417,000,000   8,459,000,000  
Credit Card and Other Consumer [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1 15,463,000,000 22,243,000,000 [1]      
Loans and Leases Charged Off (12,247,000,000) (20,865,000,000)      
Recoveries of Loans and Leases Previously Charged Off 2,124,000,000 2,034,000,000      
Net Charge-Offs (10,123,000,000) (18,831,000,000)      
Provision for Loan and Lease Losses 4,025,000,000 12,115,000,000      
Other (796,000,000) (64,000,000)      
Allowance for Loan and Lease Losses, December 31 8,569,000,000 15,463,000,000 22,243,000,000 [1]    
Allowance For Credit Losses, December 31 8,569,000,000 15,463,000,000      
Allowance for loan and lease losses related to the adoption of new consolidation guidance         10,200,000,000
Transfer of Reserves to Loans Held For Sale Related to Business Segment Divestiture 449,000,000        
Reduction in Allowance For Loan Loss Due to Exchange of Assets for Held To Maturity Debt Securities     750,000,000    
Loan Amount Exchanged for Held to Maturity Debt Securities     8,500,000,000    
Commercial [Member]
          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans Receivable, Fair Value Disclosure 6,614,000,000 [2],[3] 3,321,000,000      
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, January 1 7,170,000,000 9,416,000,000 [1]      
Loans and Leases Charged Off (3,204,000,000) (5,610,000,000)      
Recoveries of Loans and Leases Previously Charged Off 891,000,000 626,000,000      
Net Charge-Offs (2,313,000,000) (4,984,000,000)      
Provision for Loan and Lease Losses (696,000,000) 2,745,000,000      
Other (26,000,000) (7,000,000)      
Allowance for Loan and Lease Losses, December 31 4,135,000,000 7,170,000,000      
Reserve For Unfunded Lending Commitments, January 1 1,188,000,000 1,487,000,000   714,000,000  
Provision for unfunded lending commitments (219,000,000) 240,000,000      
Other (255,000,000) (539,000,000)      
Allowance For Credit Losses, December 31 4,849,000,000 8,358,000,000      
Commercial [Member] | Purchased Credit-Impaired Loans [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, December 31   12,000,000      
Cumulative-Effect Adjustment, Consolidation of Variable Interest Entity [Member]
          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for Loan and Lease Losses, December 31     $ 47,988,000,000 [1]    
[1] The 2010 balance includes $10.8 billion of allowance for loan and lease losses related to the adoption of new consolidation guidance. This includes $573 million for the home loans portfolio segment and $10.2 billion for the credit card and other consumer portfolio segment.
[2] Home loans includes $3.6 billion of fully-insured loans, $770 million of nonperforming loans and $119 million of TDRs that were removed from the Countrywide PCI loan portfolio prior to the adoption of accounting guidance on PCI loans effective January 1, 2010.
[3] Certain consumer loans are accounted for under the fair value option and include residential mortgage loans of $906 million and discontinued real estate loans of $1.3 billion at December 31, 2011. Certain commercial loans are accounted for under the fair value option and include U.S. commercial loans of $2.2 billion and non-U.S. commercial loans of $4.4 billion at December 31, 2011. See Note 22 – Fair Value Measurements and Note 23 – Fair Value Option for additional information.