Annual report pursuant to Section 13 and 15(d)

Parent Company Information - Income Statement (Details)

v3.22.4
Parent Company Information - Income Statement (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Condensed Income Statements, Captions [Line Items]      
Other income $ (2,799) $ (1,811) $ (738)
Total revenue, net of interest expense 94,950 89,113 85,528
Noninterest expense 61,438 59,731 55,213
Income tax expense 3,441 1,998 1,101
Net income 27,528 31,978 17,894
Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Interest from subsidiaries 12,420 8,362 8,825
Other income (201) (114) (138)
Total revenue, net of interest expense 34,469 23,869 19,039
Interest on borrowed funds from subsidiaries 236 54 136
Other interest expense 7,041 3,383 4,119
Noninterest expense 1,322 1,531 1,651
Total expense 8,599 4,968 5,906
Income before income taxes and equity in undistributed earnings of subsidiaries 25,870 18,901 13,133
Income tax expense 683 886 649
Income before equity in undistributed earnings of subsidiaries 25,187 18,015 12,484
Equity in undistributed earnings (losses) of subsidiaries: 2,341 13,963 5,410
Net income 27,528 31,978 17,894
Bank holding companies and related subsidiaries | Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Dividends from subsidiaries: 22,250 15,621 10,352
Equity in undistributed earnings (losses) of subsidiaries: 2,333 14,078 5,372
Nonbank companies and related subsidiaries | Bank of America Corporation      
Condensed Income Statements, Captions [Line Items]      
Equity in undistributed earnings (losses) of subsidiaries: $ 8 $ (115) $ 38