Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option - Elections (Details)

v2.4.0.8
Fair Value Option - Elections (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Loans reported as trading account assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount $ 2,510 [1] $ 1,663 [1]
Contractual Principal Outstanding 4,013 [1] 2,879 [1]
Fair Value Carrying Amount Less Unpaid Principal (1,503) [1] (1,216) [1]
Trading Inventory - Other [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 3,106 2,170
Consumer and commercial loans [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 10,196 9,002
Contractual Principal Outstanding 10,598 9,576
Fair Value Carrying Amount Less Unpaid Principal (402) (574)
Loans held-for-sale [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 8,217 11,659
Contractual Principal Outstanding 8,937 12,676
Fair Value Carrying Amount Less Unpaid Principal (720) (1,017)
Securities financing agreements [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 164,816 141,309
Contractual Principal Outstanding 164,556 140,791
Fair Value Carrying Amount Less Unpaid Principal 260 518
Other assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 412 453
Contractual Principal Outstanding 270 270
Fair Value Carrying Amount Less Unpaid Principal 142 183
Long-term deposits [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 1,916 2,262
Contractual Principal Outstanding 1,794 2,046
Fair Value Carrying Amount Less Unpaid Principal 122 216
Asset-backed secured financings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 762 741
Contractual Principal Outstanding 1,105 1,176
Fair Value Carrying Amount Less Unpaid Principal (343) (435)
Unfunded loan commitments [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 412 528
Other short-term borrowings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,082 3,333
Contractual Principal Outstanding 2,082 3,333
Fair Value Carrying Amount Less Unpaid Principal    0
Accrued expenses and other liabilities [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 20 0
Contractual Principal Outstanding 20 0
Fair Value Carrying Amount Less Unpaid Principal    0
Long-term debt [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 47,401 [2],[3] 49,161 [2],[3]
Contractual Principal Outstanding 47,811 [2],[3] 50,792 [2],[3]
Fair Value Carrying Amount Less Unpaid Principal (410) [2],[3] (1,631) [2],[3]
Structured liabilities [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 36,100 [2],[3] 39,300 [2],[3]
Contractual Principal Outstanding $ 35,900 [2],[3] $ 39,900 [2],[3]
[1] A significant portion of the loans reported as trading account assets are distressed loans which trade and were purchased at a deep discount to par, and the remainder are loans with a fair value near contractual principal outstanding.
[2] The majority of the difference between the fair value carrying amount and contractual principal outstanding at September 30, 2013 and December 31, 2012 relates to the impact of the Corporation's credit spreads as well as the fair value of the embedded derivative, where applicable.
[3] Includes structured liabilities with a fair value of $36.1 billion and contractual principal outstanding of $35.9 billion at September 30, 2013 compared to $39.3 billion and $39.9 billion at December 31, 2012.