Derivatives - Derivatives Designated as Accounting Hedges - Cash Flow and Net Investment Hedges (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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Cash flow hedges | ||
Derivative Instruments, Gain (Loss) [Line Items] | ||
Gains (Losses) Recognized in Accumulated OCI on Derivatives |
$ (186)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
$ 173us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Gains (Losses) in Income Reclassified from Accumulated OCI |
(256)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
(131)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Hedge Ineffectiveness and Amounts Excluded from Effectiveness Testing |
(1)us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
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Interest rate risk on variable-rate portfolios | Cash flow hedges | ||
Derivative Instruments, Gain (Loss) [Line Items] | ||
Gains (Losses) Recognized in Accumulated OCI on Derivatives |
24us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_InterestRateRiskOnVariableRatePortfoliosMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
17us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_InterestRateRiskOnVariableRatePortfoliosMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Gains (Losses) in Income Reclassified from Accumulated OCI |
(255)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_InterestRateRiskOnVariableRatePortfoliosMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
(281)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_InterestRateRiskOnVariableRatePortfoliosMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Hedge Ineffectiveness and Amounts Excluded from Effectiveness Testing |
(1)us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet / us-gaap_DerivativeInstrumentRiskAxis = bac_InterestRateRiskOnVariableRatePortfoliosMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
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Price risk on restricted stock awards | Cash flow hedges | ||
Derivative Instruments, Gain (Loss) [Line Items] | ||
Gains (Losses) Recognized in Accumulated OCI on Derivatives |
(210)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_PriceRiskonRestrictedStockAwardsMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
156us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_PriceRiskonRestrictedStockAwardsMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Gains (Losses) in Income Reclassified from Accumulated OCI |
(1)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_PriceRiskonRestrictedStockAwardsMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
150us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = bac_PriceRiskonRestrictedStockAwardsMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember |
Foreign exchange contracts | Net investment hedges | ||
Derivative Instruments, Gain (Loss) [Line Items] | ||
Gains (Losses) Recognized in Accumulated OCI on Derivatives |
1,982us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_NetInvestmentHedgingMember |
(181)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_NetInvestmentHedgingMember |
Gains (Losses) in Income Reclassified from Accumulated OCI |
(2)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_NetInvestmentHedgingMember |
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Hedge Ineffectiveness and Amounts Excluded from Effectiveness Testing |
$ (98)us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_NetInvestmentHedgingMember |
$ (58)us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_NetInvestmentHedgingMember |
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- Definition
The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments representing (a) the amount of the hedge ineffectiveness and (b) the amount, if any, excluded from the assessment of hedge effectiveness. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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