Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

Securitizations and Other Variable Interest Entities - Other Asset-backed Securitizations, Additional Information (Details)

v3.22.0.1

Securitizations and Other Variable Interest Entities - Other Asset-backed Securitizations, Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Liquidity commitments to unconsolidated securitization trusts	$ 968	$ 929
Trading account assets \| Level 2
Variable Interest Entity [Line Items]
Securities received as resecuritization proceeds		2,400
Debt securities \| Level 2
Variable Interest Entity [Line Items]
Securities received as resecuritization proceeds		2,100
Held-to-maturity Securities \| Level 2
Variable Interest Entity [Line Items]
Securities received as resecuritization proceeds		1,700
Credit card
Variable Interest Entity [Line Items]
Principal balance outstanding	$ 6,500	$ 6,800
Transferred financial assets, stated interest rate	0.00%	0.00%
Credit card \| Senior securities:
Variable Interest Entity [Line Items]
Transferred financial assets, amount	$ 1,000	$ 1,000	$ 1,300
Credit card \| Junior Lien
Variable Interest Entity [Line Items]
Transferred financial assets, amount	161	161	202
Resecuritization Trusts
Variable Interest Entity [Line Items]
Cash proceeds from new securitizations	28,900	39,000	24,400
Resecuritization Trusts \| Securities
Variable Interest Entity [Line Items]
Cash proceeds from new securitizations	2,200	6,100	$ 5,200
Municipal Bond Trusts \| Unconsolidated VIEs
Variable Interest Entity [Line Items]
Liquidity commitments to unconsolidated securitization trusts	$ 4,100	$ 3,500
Weighted average remaining life of bonds held in the trusts in years	6 years 3 months 18 days

- Definition

Continuing Involvement With Transferred Financial Assets, Amount Transferred

+ References

No definition available.

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- Definition

The stated interest rate of securities issued by securitization trusts to the entity.

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- Definition

This represents the Corporation's liquidity commitments to unconsolidated securitization trusts, by asset backed financing arrangements.

+ References

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- Definition

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+ References

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- Definition

Securities Received As Resecuritization Proceeds

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- Definition

Cash Flows between a transferor and a transferee attributable to newly transferred assets related to either a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (d)(1)
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- Definition

Principal amount of transferred financial assets in which the transferor has continuing involvement with the assets underlying the transaction. Continuing involvement includes, but is not limited to, servicing, recourse, and restrictions on transferor's interests in transferred financial assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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