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 Fair Value Hedges (Details)

v3.8.0.1

Derivatives - Derivatives Designated as Fair Value Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ 207	$ (2,202)	$ (2,511)
Hedged Item	(687)	1,304	1,608
Hedge Ineffectiveness	(480)	(898)	(903)
Interest rate risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(1,537)	(1,488)	(718)
Hedged Item	1,045	646	(77)
Hedge Ineffectiveness	(492)	(842)	(795)
Interest rate and foreign currency risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	1,811	(941)	(1,898)
Hedged Item	(1,767)	944	1,812
Hedge Ineffectiveness	44	3	(86)
Interest rate risk on AFS securities \| Interest income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(67)	227	105
Hedged Item	35	(286)	(127)
Hedge Ineffectiveness	$ (32)	$ (59)	$ (22)

- Definition

Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments 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 the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement.

+ References

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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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