Annual report pursuant to Section 13 and 15(d)

Parent Company Information - Income Statement (Details)

v3.22.0.1
Parent Company Information - Income Statement (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Condensed Income Statements, Captions [Line Items]      
Other income $ (1,811) $ (738) $ 304
Total income 89,113 85,528 91,244
Noninterest expense 59,731 55,213 54,900
Income tax expense 1,998 1,101 5,324
Net income 31,978 17,894 27,430
Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Interest from subsidiaries 8,362 8,825 9,502
Other income (114) (138) 74
Total income 23,869 19,039 37,396
Interest on borrowed funds from subsidiaries 54 136 451
Other interest expense 3,383 4,119 5,899
Noninterest expense 1,531 1,651 1,641
Total expense 4,968 5,906 7,991
Income before income taxes and equity in undistributed earnings of subsidiaries 18,901 13,133 29,405
Income tax expense 886 649 341
Income before equity in undistributed earnings of subsidiaries 18,015 12,484 29,064
Equity in undistributed earnings (losses) of subsidiaries: 13,963 5,410 (1,634)
Net income 31,978 17,894 27,430
Bank holding companies and related subsidiaries | Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Dividends from subsidiaries: 15,621 10,352 27,820
Equity in undistributed earnings (losses) of subsidiaries: 14,078 5,372 (1,717)
Nonbank companies and related subsidiaries | Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Equity in undistributed earnings (losses) of subsidiaries: $ (115) $ 38 $ 83