Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements - Recurring Fair Value (Details)

v2.4.0.8
Fair Value Measurements - Recurring Fair Value (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Dec. 31, 2012
Financial assets            
Federal funds sold and securities borrowed or purchased under agreements to resell $ 63,514   $ 75,614      
Trading account assets 188,489   200,993      
Gross Derivative Assets 856,200   920,300      
Derivative assets 49,093   47,495      
Total available-for-sale debt securities 266,840   235,951      
Other debt securities carried at fair value 41,109   32,844      
Loans and leases, measured at fair value 8,183   10,042      
Mortgage servicing rights 4,243 4,368 5,042 5,058 5,827 5,716
Loans held-for-sale, measured at fair value 5,455   6,656      
Other assets 12,726   18,055      
Liabilities            
Interest-bearing, measured at fair value 1,520   1,899      
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 30,304   33,684      
Gross Derivative Liabilities 847,900   906,400      
Derivative Liability 44,238   37,407      
Short-term borrowings, measured at fair value 2,418   1,520      
Long-term debt 40,048   47,035      
Assets and Liabilities, Recurring Basis, Supplemental Information:            
Assets transferred from Level 1 to Level 2 3,300   500      
U.S. Treasury and agency securities
            
Financial assets            
Total available-for-sale debt securities 57,473   8,954      
Other debt securities carried at fair value 3,180   4,062      
Agency
            
Financial assets            
Total available-for-sale debt securities 159,161   164,935      
Other debt securities carried at fair value 15,711   16,500      
Agency-collateralized mortgage obligations
            
Financial assets            
Total available-for-sale debt securities 14,252   22,492      
Other debt securities carried at fair value 0   218      
Non-agency residential
            
Financial assets            
Total available-for-sale debt securities 4,714 [1]   6,239 [1]      
Other debt securities carried at fair value 3,717   0      
Commercial
            
Financial assets            
Total available-for-sale debt securities 2,726   2,480      
Other debt securities carried at fair value 787   749      
Other taxable securities
            
Financial assets            
Total available-for-sale debt securities 12,074   16,830      
Other debt securities carried at fair value 309   0      
Tax-exempt securities
            
Financial assets            
Total available-for-sale debt securities 9,096   5,928      
US Government-sponsored Enterprises Debt Securities
            
Financial assets            
Trading account assets 17,600   15,600      
Recurring
            
Financial assets            
Federal funds sold and securities borrowed or purchased under agreements to resell 63,514   75,614      
Trading account assets 188,489   200,993      
Netting adjustments (806,993) [2],[3]   (872,758) [3],[4]      
Derivative assets 49,093 [2]   47,495 [4]      
Total available-for-sale debt securities 266,840   235,951      
Other debt securities carried at fair value 41,109   32,844      
Loans and leases, measured at fair value 8,183   10,042      
Mortgage servicing rights 4,243   5,042      
Loans held-for-sale, measured at fair value 5,455   6,656      
Other assets 12,726   18,055      
Total assets 639,652   632,692      
Liabilities            
Interest-bearing, measured at fair value 1,520   1,899      
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 30,304   33,684      
Total trading account liabilities 76,867   83,469      
Netting adjustment (803,666) [2],[3]   (868,969) [3],[4]      
Derivative Liability 44,238 [2]   37,407 [4]      
Short-term borrowings, measured at fair value 2,418   1,520      
Accrued expenses and other liabilities 10,975   11,233      
Long-term debt 40,048   47,035      
Total liabilities 206,370   216,247      
Recurring | U.S. government and agency securities
            
Financial assets            
Trading account assets 40,707 [5]   48,847 [6]      
Liabilities            
Total trading account liabilities 21,771   27,263      
Recurring | Corporate securities, trading loans and other
            
Financial assets            
Trading account assets 37,485   32,452      
Liabilities            
Total trading account liabilities 7,577   6,479      
Recurring | Equity securities
            
Financial assets            
Trading account assets 59,480   64,451      
Liabilities            
Total trading account liabilities 27,427   27,585      
Recurring | Non-U.S. sovereign debt
            
Financial assets            
Trading account assets 37,287   37,224      
Liabilities            
Total trading account liabilities 20,089   22,142      
Recurring | Mortgage trading loans and ABS
            
Financial assets            
Trading account assets 13,530   18,019      
Liabilities            
Total trading account liabilities 3          
Recurring | U.S. Treasury and agency securities
            
Financial assets            
Total available-for-sale debt securities 57,473   8,954      
Other debt securities carried at fair value 3,180   4,062      
Recurring | Agency
            
Financial assets            
Total available-for-sale debt securities 159,161   164,935      
Other debt securities carried at fair value 15,711   16,500      
Recurring | Agency-collateralized mortgage obligations
            
Financial assets            
Total available-for-sale debt securities 14,252   22,492      
Other debt securities carried at fair value     218      
Recurring | Non-agency residential
            
Financial assets            
Total available-for-sale debt securities 4,714   6,239      
Other debt securities carried at fair value 3,717          
Recurring | Commercial
            
Financial assets            
Total available-for-sale debt securities 2,726   2,480      
Other debt securities carried at fair value 787   749      
Recurring | Non-U.S. securities
            
Financial assets            
Total available-for-sale debt securities 6,650   7,220      
Other debt securities carried at fair value 17,405   11,315      
Recurring | Corporate/Agency bonds
            
Financial assets            
Total available-for-sale debt securities 694   873      
Recurring | Other taxable securities
            
Financial assets            
Total available-for-sale debt securities 12,074   16,830      
Other debt securities carried at fair value 309          
Recurring | Tax-exempt securities
            
Financial assets            
Total available-for-sale debt securities 9,096   5,928      
Recurring | Level 1
            
Financial assets            
Federal funds sold and securities borrowed or purchased under agreements to resell    [7]      [8]      
Trading account assets 85,901 [7]   101,050 [8]      
Gross Derivative Assets 5,157 [2],[7]   2,374 [4],[8]      
Total available-for-sale debt securities 58,722 [7]   10,309 [8]      
Other debt securities carried at fair value 18,713 [7]   11,519 [8]      
Loans and leases, measured at fair value    [7]      [8]      
Mortgage servicing rights    [7]      [8]      
Loans held-for-sale, measured at fair value    [7]      [8]      
Other assets 9,873 [7]   14,474 [8]      
Total assets 178,366 [7]   139,726 [8]      
Liabilities            
Interest-bearing, measured at fair value    [7]      [8]      
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value    [7]      [8]      
Total trading account liabilities 65,606 [7]   72,062 [8]      
Gross Derivative Liabilities 5,043 [2],[7]   1,968 [4],[8]      
Short-term borrowings, measured at fair value    [7]      [8]      
Accrued expenses and other liabilities 9,850 [7]   10,130 [8]      
Long-term debt    [7]      [8]      
Total liabilities 80,499 [7]   84,160 [8]      
Recurring | Level 1 | U.S. government and agency securities
            
Financial assets            
Trading account assets 22,775 [5],[7]   34,222 [6],[8]      
Liabilities            
Total trading account liabilities 21,563 [7]   26,915 [8]      
Recurring | Level 1 | Corporate securities, trading loans and other
            
Financial assets            
Trading account assets 1,065 [7]   1,147 [8]      
Liabilities            
Total trading account liabilities 930 [7]   518 [8]      
Recurring | Level 1 | Equity securities
            
Financial assets            
Trading account assets 38,023 [7]   41,324 [8]      
Liabilities            
Total trading account liabilities 24,728 [7]   23,874 [8]      
Recurring | Level 1 | Non-U.S. sovereign debt
            
Financial assets            
Trading account assets 24,038 [7]   24,357 [8]      
Liabilities            
Total trading account liabilities 18,385 [7]   20,755 [8]      
Recurring | Level 1 | Mortgage trading loans and ABS
            
Financial assets            
Trading account assets    [7]      [8]      
Liabilities            
Total trading account liabilities 0 [7]          
Recurring | Level 1 | U.S. Treasury and agency securities
            
Financial assets            
Total available-for-sale debt securities 55,235 [7]   6,591 [8]      
Other debt securities carried at fair value 3,180 [7]   4,062 [8]      
Recurring | Level 1 | Agency
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Other debt securities carried at fair value    [7]      [8]      
Recurring | Level 1 | Agency-collateralized mortgage obligations
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Other debt securities carried at fair value        [8]      
Recurring | Level 1 | Non-agency residential
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Other debt securities carried at fair value    [7]          
Recurring | Level 1 | Commercial
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Other debt securities carried at fair value    [7]      [8]      
Recurring | Level 1 | Non-U.S. securities
            
Financial assets            
Total available-for-sale debt securities 3,467 [7]   3,698 [8]      
Other debt securities carried at fair value 15,533 [7]   7,457 [8]      
Recurring | Level 1 | Corporate/Agency bonds
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Recurring | Level 1 | Other taxable securities
            
Financial assets            
Total available-for-sale debt securities 20 [7]   20 [8]      
Other debt securities carried at fair value    [7]          
Recurring | Level 1 | Tax-exempt securities
            
Financial assets            
Total available-for-sale debt securities    [7]      [8]      
Recurring | Level 2
            
Financial assets            
Federal funds sold and securities borrowed or purchased under agreements to resell 63,514 [7]   75,614 [8]      
Trading account assets 96,621 [7]   90,899 [8]      
Gross Derivative Assets 843,982 [2],[7]   910,602 [4],[8]      
Total available-for-sale debt securities 205,155 [7]   220,882 [8]      
Other debt securities carried at fair value 22,396 [7]   21,325 [8]      
Loans and leases, measured at fair value 6,141 [7]   6,985 [8]      
Mortgage servicing rights    [7]      [8]      
Loans held-for-sale, measured at fair value 5,282 [7]   5,727 [8]      
Other assets 1,922 [7]   1,912 [8]      
Total assets 1,245,013 [7]   1,333,946 [8]      
Liabilities            
Interest-bearing, measured at fair value 1,520 [7]   1,899 [8]      
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 30,304 [7]   33,684 [8]      
Total trading account liabilities 11,235 [7]   11,372 [8]      
Gross Derivative Liabilities 835,381 [2],[7]   897,107 [4],[8]      
Short-term borrowings, measured at fair value 2,418 [7]   1,520 [8]      
Accrued expenses and other liabilities 1,117 [7]   1,093 [8]      
Long-term debt 37,699 [7]   45,045 [8]      
Total liabilities 919,674 [7]   991,720 [8]      
Recurring | Level 2 | U.S. government and agency securities
            
Financial assets            
Trading account assets 17,845 [5],[7]   14,625 [6],[8]      
Liabilities            
Total trading account liabilities 208 [7]   348 [8]      
Recurring | Level 2 | Corporate securities, trading loans and other
            
Financial assets            
Trading account assets 33,381 [7]   27,746 [8]      
Liabilities            
Total trading account liabilities 6,621 [7]   5,926 [8]      
Recurring | Level 2 | Equity securities
            
Financial assets            
Trading account assets 21,100 [7]   22,741 [8]      
Liabilities            
Total trading account liabilities 2,699 [7]   3,711 [8]      
Recurring | Level 2 | Non-U.S. sovereign debt
            
Financial assets            
Trading account assets 12,655 [7]   12,399 [8]      
Liabilities            
Total trading account liabilities 1,704 [7]   1,387 [8]      
Recurring | Level 2 | Mortgage trading loans and ABS
            
Financial assets            
Trading account assets 11,640 [7]   13,388 [8]      
Liabilities            
Total trading account liabilities 3 [7]          
Recurring | Level 2 | U.S. Treasury and agency securities
            
Financial assets            
Total available-for-sale debt securities 2,238 [7]   2,363 [8]      
Other debt securities carried at fair value    [7]      [8]      
Recurring | Level 2 | Agency
            
Financial assets            
Total available-for-sale debt securities 159,161 [7]   164,935 [8]      
Other debt securities carried at fair value 15,711 [7]   16,500 [8]      
Recurring | Level 2 | Agency-collateralized mortgage obligations
            
Financial assets            
Total available-for-sale debt securities 14,252 [7]   22,492 [8]      
Other debt securities carried at fair value     218 [8]      
Recurring | Level 2 | Non-agency residential
            
Financial assets            
Total available-for-sale debt securities 4,704 [7]   6,239 [8]      
Other debt securities carried at fair value 3,717 [7]          
Recurring | Level 2 | Commercial
            
Financial assets            
Total available-for-sale debt securities 2,726 [7]   2,480 [8]      
Other debt securities carried at fair value 787 [7]   749 [8]      
Recurring | Level 2 | Non-U.S. securities
            
Financial assets            
Total available-for-sale debt securities 2,993 [7]   3,415 [8]      
Other debt securities carried at fair value 1,872 [7]   3,858 [8]      
Recurring | Level 2 | Corporate/Agency bonds
            
Financial assets            
Total available-for-sale debt securities 601 [7]   873 [8]      
Recurring | Level 2 | Other taxable securities
            
Financial assets            
Total available-for-sale debt securities 9,998 [7]   12,963 [8]      
Other debt securities carried at fair value 309 [7]          
Recurring | Level 2 | Tax-exempt securities
            
Financial assets            
Total available-for-sale debt securities 8,482 [7]   5,122 [8]      
Recurring | Level 3
            
Financial assets            
Federal funds sold and securities borrowed or purchased under agreements to resell              
Trading account assets 5,967   9,044      
Gross Derivative Assets 6,947 [2]   7,277 [4] 7,500 [2]    
Total available-for-sale debt securities 2,963   4,760      
Other debt securities carried at fair value              
Loans and leases, measured at fair value 2,042   3,057      
Mortgage servicing rights 4,243   5,042      
Loans held-for-sale, measured at fair value 173   929      
Other assets 931   1,669      
Total assets 23,266   31,778      
Liabilities            
Interest-bearing, measured at fair value              
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value              
Total trading account liabilities 26   35      
Gross Derivative Liabilities 7,480 [2]   7,301 [4] 6,800 [2]    
Short-term borrowings, measured at fair value              
Accrued expenses and other liabilities 8   10      
Long-term debt 2,349   1,990      
Total liabilities 9,863   9,336      
Recurring | Level 3 | U.S. government and agency securities
            
Financial assets            
Trading account assets 87 [5]      [6]      
Liabilities            
Total trading account liabilities              
Recurring | Level 3 | Corporate securities, trading loans and other
            
Financial assets            
Trading account assets 3,039   3,559      
Total assets 3,000   3,600      
Liabilities            
Total trading account liabilities 26   35      
Recurring | Level 3 | Equity securities
            
Financial assets            
Trading account assets 357   386      
Liabilities            
Total trading account liabilities              
Recurring | Level 3 | Non-U.S. sovereign debt
            
Financial assets            
Trading account assets 594   468      
Total assets 594   468      
Liabilities            
Total trading account liabilities              
Recurring | Level 3 | Mortgage trading loans and ABS
            
Financial assets            
Trading account assets 1,890   4,631      
Total assets 1,900   4,600      
Liabilities            
Total trading account liabilities 0          
Recurring | Level 3 | U.S. Treasury and agency securities
            
Financial assets            
Total available-for-sale debt securities              
Other debt securities carried at fair value              
Recurring | Level 3 | Agency
            
Financial assets            
Total available-for-sale debt securities              
Other debt securities carried at fair value              
Recurring | Level 3 | Agency-collateralized mortgage obligations
            
Financial assets            
Total available-for-sale debt securities              
Other debt securities carried at fair value             
Recurring | Level 3 | Non-agency residential
            
Financial assets            
Total available-for-sale debt securities 10           
Other debt securities carried at fair value             
Recurring | Level 3 | Commercial
            
Financial assets            
Total available-for-sale debt securities              
Other debt securities carried at fair value              
Recurring | Level 3 | Non-U.S. securities
            
Financial assets            
Total available-for-sale debt securities 190   107      
Other debt securities carried at fair value              
Recurring | Level 3 | Corporate/Agency bonds
            
Financial assets            
Total available-for-sale debt securities 93           
Recurring | Level 3 | Other taxable securities
            
Financial assets            
Total available-for-sale debt securities 2,056   3,847      
Other debt securities carried at fair value             
Total assets 2,100   3,800      
Recurring | Level 3 | Tax-exempt securities
            
Financial assets            
Total available-for-sale debt securities 614   806      
Total assets $ 614   $ 806      
[1] At September 30, 2014 and December 31, 2013, the underlying collateral type included approximately 76 percent and 89 percent prime, 14 percent and seven percent Alt-A, and 10 percent and four percent subprime.
[2] For further disaggregation of derivative assets and liabilities, see Note 2 – Derivatives.
[3] Amounts represent the impact of legally enforceable master netting agreements and also cash collateral held or placed with the same counterparties.
[4] For further disaggregation of derivative assets and liabilities, see Note 2 – Derivatives
[5] Includes $17.6 billion of government-sponsored enterprise obligations.
[6] Includes $15.6 billion of government-sponsored enterprise obligations.
[7] During the nine months ended September 30, 2014, approximately $3.3 billion of assets were transferred from Level 1 to Level 2 as a result of additional information related to U.S. government and agency securities and non-U.S. government securities.
[8] During 2013, $500 million of other assets were transferred from Level 1 to Level 2 primarily due to a restriction that became effective for a private equity investment that was subsequently sold once the restriction was lifted.