Annual report pursuant to Section 13 and 15(d)

Fair Value Option Election (Details)

v2.4.0.6
Fair Value Option Election (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Loans Reported as Trading Account Assets [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount $ 1,151 $ 964
Contractual Principal Outstanding 2,371 1,917
Fair Value Carrying Amount Less Unpaid Principal (1,220) (953)
Consumer and Commercial Loans [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 8,804 3,269
Contractual Principal Outstanding 10,823 3,638
Fair Value Carrying Amount Less Unpaid Principal (2,019) (369)
Loans held-for-sale [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 7,630 25,942
Contractual Principal Outstanding 9,673 28,370
Fair Value Carrying Amount Less Unpaid Principal (2,043) (2,428)
Securities Financing Agreements [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 121,688 116,023
Contractual Principal Outstanding 121,092 115,053
Fair Value Carrying Amount Less Unpaid Principal 596 970
Other Assets [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 251 310
Long-term Deposits [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 3,297 2,732
Contractual Principal Outstanding 3,035 2,692
Fair Value Carrying Amount Less Unpaid Principal 262 40
Asset-backed Secured Financings [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 650 706
Contractual Principal Outstanding 1,271 1,356
Fair Value Carrying Amount Less Unpaid Principal (621) (650)
Unfunded loan commitments [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 1,249 866
Other Short-Term Borrowings [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 5,908 6,472
Contractual Principal Outstanding 5,909 6,472
Fair Value Carrying Amount Less Unpaid Principal (1)  
Long-term Debt [Member]
    
Fair Value Option Elections [Abstract]    
Fair Value Carrying Amount 46,239 50,984
Contractual Principal Outstanding 55,854 [1] 54,656 [1]
Fair Value Carrying Amount Less Unpaid Principal $ (9,615) [1] $ (3,672) [1]
[1] The majority of the difference between the fair value carrying amount and contractual principal outstanding at December 31, 2011 relates to the impact of widening of the Corporation’s credit spreads, as well as the fair value of the embedded derivative, where applicable.