Annual report pursuant to Section 13 and 15(d)

Parent Company Information - Statement of Cash Flows (Details)

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Parent Company Information - Statement of Cash Flows (Details) (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net earnings (loss) $ 290 $ (1,647) $ 3,880
Adjustments to reconcile net earnings (loss) to cash provided by operating activities      
Depreciation and amortization 576 731 900
Share-based compensation expense 1,531 1,919 1,483
Gain (Loss) on Repurchase of Debt Instrument (405) 0 0
Fair Value, Option, Changes in Fair Value, Gain (Loss) 3,207 (2,030) 31
Deferred taxes (2,785) 3,081 637
Other 498 2,033 (159)
Changes in operating assets and liabilities:      
Receivables under resale agreements (5,326) (5,272) (37,956)
Receivables from Bank of America 18,346 9,612 5,657
Payables under repurchase agreements 45,943 (9,991) (1,989)
Other, net 1,056 (2,636) 7,034
Cash provided by operating activities 17,782 13,888 5,020
Proceeds from (payments for):      
Paydowns and maturities of available-for-sale securities 1,214 1,734 1,615
Sales of available-for-sale securities 22 4,290 15,472
Non-qualifying investments 1,600 6,169 11,787
Cash provided by investing activities 2,922 13,469 30,288
Proceeds from (payments for):      
Settlement and repurchases of long-term borrowings (26,975) (29,876) (34,914)
Dividends 0 0 (134)
Cash used for financing activities (21,522) (30,330) (33,480)
(Decrease) increase in cash and cash equivalents (822) (3,489) 2,079
Cash and cash equivalents, beginning of period 13,733 17,222 15,143
Cash and cash equivalents, end of period 12,911 13,733 17,222
Supplemental Disclosure of Cash Flow Information:      
Income taxes paid 448 428 2,577
Income taxes refunded(1) (4,753) (2,047) (4,232)
Interest paid 6,355 7,399 7,846
Parent [Member]
      
Cash flows from operating activities:      
Net earnings (loss) 290 (1,647) 3,880
Adjustments to reconcile net earnings (loss) to cash provided by operating activities      
Equity in loss (earnings) of affiliates (899) 3,140 (4,626)
Depreciation and amortization 87 97 98
Share-based compensation expense 385 486 167
Gain (Loss) on Repurchase of Debt Instrument (405) 0 0
Fair Value, Option, Changes in Fair Value, Gain (Loss) 2,116 (1,200) 156
Deferred taxes (1,210) (2,551) (317)
Foreign exchange (gains) losses on long-term borrowings (79) (404) (2,171)
Other 597 2,717 1,994
Changes in operating assets and liabilities:      
Receivables under resale agreements 0 0 1,022
Receivables from Bank of America (8,840) 5,487 (4,708)
Payables under repurchase agreements 0 0 (7,177)
Dividends and partnerships distributions from affiliates 189 995 46
Other, net 3,787 2,504 3,270
Cash provided by operating activities (3,982) 9,624 (8,366)
Proceeds from (payments for):      
Advances to affiliates 57,853 8,820 23,666
Paydowns and maturities of available-for-sale securities 0 0 557
Sales of available-for-sale securities 0 0 10,190
Non-qualifying investments 36 34 33
Investments in affiliates (34,268) 1,836 (2,302)
Cash provided by investing activities 23,621 10,690 32,144
Proceeds from (payments for):      
Settlement and repurchases of long-term borrowings (19,620) (20,588) (23,739)
Dividends 0 0 (134)
Cash used for financing activities (19,620) (20,588) (23,873)
(Decrease) increase in cash and cash equivalents 19 (274) (95)
Cash and cash equivalents, beginning of period 105 379 474
Cash and cash equivalents, end of period 124 105 379
Supplemental Disclosure of Cash Flow Information:      
Income taxes paid 125 130 40
Income taxes refunded(1) (2,677) [1] (315) [1] (1,703) [1]
Interest paid $ 3,896 $ 1,742 $ 2,968
[1] Included in income taxes refunded are amounts received from Bank of America that represent payments for utilization of Merrill Lynch & Co.'s net tax deductions in the consolidated Bank of America tax returns in accordance with the intercompany tax allocation policy.