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
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Condensed Cash Flow Statements, Captions [Line Items]      
Net income $ 31,978 $ 17,894 $ 27,430
Operating activities      
Other operating activities, net 4,651 3,886 6,211
Net cash provided by (used in) operating activities (7,193) 37,993 61,777
Investing activities      
Other investing activities, net (3,479) (3,489) (2,974)
Net cash used in investing activities (313,291) (177,665) (80,630)
Financing activities      
Proceeds from issuance of long-term debt 76,675 57,013 52,420
Retirement of long-term debt (46,826) (47,948) (50,794)
Proceeds from issuance of preferred stock and warrants 2,169 2,181 3,643
Common stock repurchased (25,126) (7,025) (28,144)
Cash dividends paid (8,055) (7,727) (5,934)
Net cash provided by financing activities 291,650 355,819 3,377
Net increase (decrease) in cash and cash equivalents (32,242) 218,903 (15,844)
Cash and cash equivalents at January 1 380,463 161,560 177,404
Cash and cash equivalents at December 31 348,221 380,463 161,560
Bank of America Corporation      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income 31,978 17,894 27,430
Operating activities      
Equity in undistributed (earnings) losses of subsidiaries (13,963) (5,410) 1,634
Other operating activities, net (7,144) 14,303 16,973
Net cash provided by (used in) operating activities 10,871 26,787 46,037
Investing activities      
Net purchases of securities (14) (4) (17)
Net payments to subsidiaries (10,796) (33,111) (19,121)
Other investing activities, net (26) (7) 7
Net cash used in investing activities (10,836) (33,122) (19,131)
Financing activities      
Net increase (decrease) in other advances 503 (422) (1,625)
Proceeds from issuance of long-term debt 56,106 43,766 29,315
Retirement of long-term debt (24,544) (23,168) (21,039)
Proceeds from issuance of preferred stock and warrants 2,170 2,181 3,643
Redemption of preferred stock (1,971) (1,072) (2,568)
Common stock repurchased (25,126) (7,025) (28,144)
Cash dividends paid (8,055) (7,727) (5,934)
Net cash provided by financing activities (917) 6,533 (26,352)
Net increase (decrease) in cash and cash equivalents (882) 198 554
Cash and cash equivalents at January 1 5,893 5,695 5,141
Cash and cash equivalents at December 31 $ 5,011 $ 5,893 $ 5,695