Quarterly report pursuant to Section 13 or 15(d)

Securitizations and Other Variable Interest Entities - Other Asset Backed (Details)

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Securitizations and Other Variable Interest Entities - Other Asset Backed (Details) (USD $)
 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Sep. 30, 2014
Resecuritization Trusts
Sep. 30, 2013
Resecuritization Trusts
Sep. 30, 2014
Resecuritization Trusts
Sep. 30, 2013
Resecuritization Trusts
Sep. 30, 2014
Automobile and Other Securitization Trusts
Dec. 31, 2013
Automobile and Other Securitization Trusts
Sep. 30, 2014
Automobile Loan
Dec. 31, 2013
Automobile Loan
Sep. 30, 2014
Student Loan
Dec. 31, 2013
Student Loan
Sep. 30, 2014
Other Loan and Receivable
Dec. 31, 2013
Other Loan and Receivable
Sep. 30, 2014
Available-for-sale Securities
Resecuritization Trusts
Sep. 30, 2014
Available-for-sale Securities
Resecuritization Trusts
Sep. 30, 2014
Unconsolidated VIEs
Resecuritization Trusts
Dec. 31, 2013
Unconsolidated VIEs
Resecuritization Trusts
Sep. 30, 2014
Unconsolidated VIEs
Municipal Bond Trusts
Dec. 31, 2013
Unconsolidated VIEs
Municipal Bond Trusts
Sep. 30, 2014
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Dec. 31, 2013
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Sep. 30, 2014
Unconsolidated VIEs
Sep. 30, 2014
Unconsolidated VIEs
Resecuritization Trusts
Dec. 31, 2013
Unconsolidated VIEs
Resecuritization Trusts
Sep. 30, 2014
Unconsolidated VIEs
Resecuritization Trusts
Senior Lien
Dec. 31, 2013
Unconsolidated VIEs
Resecuritization Trusts
Senior Lien
Sep. 30, 2014
Unconsolidated VIEs
Resecuritization Trusts
Junior Lien
Dec. 31, 2013
Unconsolidated VIEs
Resecuritization Trusts
Junior Lien
Sep. 30, 2014
Unconsolidated VIEs
Municipal Bond Trusts
Dec. 31, 2013
Unconsolidated VIEs
Municipal Bond Trusts
Sep. 30, 2014
Unconsolidated VIEs
Municipal Bond Trusts
Senior Lien
Dec. 31, 2013
Unconsolidated VIEs
Municipal Bond Trusts
Senior Lien
Sep. 30, 2014
Unconsolidated VIEs
Municipal Bond Trusts
Junior Lien
Dec. 31, 2013
Unconsolidated VIEs
Municipal Bond Trusts
Junior Lien
Sep. 30, 2014
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Dec. 31, 2013
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Sep. 30, 2014
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Senior Lien
Dec. 31, 2013
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Senior Lien
Sep. 30, 2014
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Junior Lien
Dec. 31, 2013
Unconsolidated VIEs
Automobile and Other Securitization Trusts
Junior Lien
Sep. 30, 2014
Consolidated VIEs
Resecuritization Trusts
Dec. 31, 2013
Consolidated VIEs
Resecuritization Trusts
Sep. 30, 2014
Consolidated VIEs
Municipal Bond Trusts
Dec. 31, 2013
Consolidated VIEs
Municipal Bond Trusts
Sep. 30, 2014
Consolidated VIEs
Automobile and Other Securitization Trusts
Dec. 31, 2013
Consolidated VIEs
Automobile and Other Securitization Trusts
Variable Interest Entity [Line Items]                                                                                                
Maximum loss exposure                                                 $ 10,335,000,000 $ 11,913,000,000         $ 2,117,000,000 $ 2,192,000,000         $ 74,000,000 $ 81,000,000         $ 756,000,000 $ 164,000,000 $ 2,279,000,000 $ 2,667,000,000 $ 122,000,000 $ 94,000,000
On-balance sheet assets                                                                                                
Trading account assets 188,489,000,000 200,993,000,000                                                 1,901,000,000 [1],[2] 971,000,000 [1],[2] 21,000,000 [1],[2] 0 [1],[2]     42,000,000 [1],[2] 53,000,000 [1],[2] 0 [1],[2] 0 [1],[2]     0 [1],[2] 1,000,000 [1],[2] 0 [1],[2] 0 [1],[2] 1,545,000,000 319,000,000 2,296,000,000 2,684,000,000 30,000,000 0
Loans and leases 891,315,000,000 928,233,000,000                                                                                 0 0 0 0 586,000,000 680,000,000
Debt securities carried at fair value 307,949,000,000 268,795,000,000                                                 7,597,000,000 [1],[2] 10,866,000,000 [1],[2] 72,000,000 [1],[2] 71,000,000 [1],[2]     0 [1],[2] 0 [1],[2] 0 [1],[2] 0 [1],[2]     64,000,000 [1],[2] 70,000,000 [1],[2] 0 [1],[2] 0 [1],[2]            
Held-to-maturity securities 60,175,000,000 [3] 55,150,000,000                                                 744,000,000 [1],[2] 0 [1],[2]         0 [1],[2] 0 [1],[2]         0 [1],[2] 0 [1],[2]                
Residual interests held                                                 0 [4] 5,000,000 [4]         0 [4] 0 [4]         0 [4] 0 [4]                    
All other assets 118,006,000,000 124,090,000,000                                             0 0         0 0         10,000,000 10,000,000         0 0 0 0 55,000,000 61,000,000
Total assets 2,123,613,000,000 [5] 2,102,273,000,000 2,126,653,000,000 [5]                                           10,335,000,000 11,913,000,000         42,000,000 53,000,000         74,000,000 81,000,000         1,545,000,000 319,000,000 2,296,000,000 2,684,000,000 671,000,000 741,000,000
Unconsolidated total assets of VIEs                                   35,347,000,000 [6] 40,924,000,000 [6] 3,359,000,000 [6] 3,643,000,000 [6] 719,000,000 [6] 1,788,000,000 [6]                                                  
On-balance sheet liabilities                                                                                                
Short-term borrowings 251,200,000,000 244,105,000,000                                                                                 0 0 985,000,000 1,073,000,000 0 0
Long-term debt 250,115,000,000 249,674,000,000                                                                                 789,000,000 155,000,000 17,000,000 17,000,000 548,000,000 646,000,000
All other liabilities                                                                                     0 0 0 0 1,000,000 1,000,000
Total liabilities 1,884,932,000,000 1,869,588,000,000                                                                                 789,000,000 155,000,000 1,002,000,000 1,090,000,000 549,000,000 647,000,000
Cash proceeds from new securitizations       4,700,000,000 7,200,000,000 10,800,000,000 21,300,000,000                 549,000,000 1,500,000,000                                                              
Gain (loss) on securitizations       9,000,000 [7]   71,000,000                                                                                    
Liquidity commitments to unconsolidated securitization trusts                                                             2,100,000,000 2,100,000,000                                
Weighted average remaining life of bonds held in the trusts in years                                               7 years 5 months                                                
Principal amount outstanding               $ 1,400,000,000 $ 2,500,000,000 $ 496,000,000 $ 877,000,000 $ 671,000,000 $ 741,000,000 $ 223,000,000 $ 911,000,000                                                                  
[1] As a holder of these securities, the Corporation receives scheduled principal and interest payments. During the three and nine months ended September 30, 2014 and 2013, there were no OTTI losses recorded on those securities classified as AFS debt securities.
[2] The retained senior and subordinate securities were valued using quoted market prices or observable market inputs (Level 2 of the fair value hierarchy).
[3] Substantially all U.S. agency MBS.
[4] The retained residual interests are carried at fair value which was derived using model valuations (Level 2 of the fair value hierarchy).
[5] There were no material intersegment revenues.
[6] Total assets include loans the Corporation transferred with which the Corporation has continuing involvement, which may include servicing the loan.
[7] Substantially all of the first-lien residential and commercial mortgage loans securitized are initially classified as LHFS and accounted for under the fair value option. As such, gains are recognized on these LHFS prior to securitization. The Corporation recognized $169 million and $552 million of gains, net of hedges, on loans securitized during the three and nine months ended September 30, 2014 compared to $379 million and $1.7 billion for the same periods in 2013.