Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

Securitizations and Other Variable Interest Entities - Other Asset Backed (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
On-balance sheet assets
Trading account assets	$ 186,860us-gaap_TradingSecurities		$ 191,785us-gaap_TradingSecurities
Debt securities carried at fair value	324,174bac_DebtSecuritiesCarriedAtFairValue		320,695bac_DebtSecuritiesCarriedAtFairValue
Held-to-maturity securities	59,815us-gaap_HeldToMaturitySecurities		59,766us-gaap_HeldToMaturitySecurities
Loans held-for-sale	9,732us-gaap_LoansReceivableHeldForSaleNet		12,836us-gaap_LoansReceivableHeldForSaleNet
All other assets	109,574us-gaap_OtherAssets		112,063us-gaap_OtherAssets
Total assets	2,143,545us-gaap_Assets	2,149,851us-gaap_Assets	2,104,534us-gaap_Assets
On-balance sheet liabilities
Short-term borrowings	237,028us-gaap_ShortTermBorrowings		232,449us-gaap_ShortTermBorrowings
Long-term debt	237,858us-gaap_LongTermDebt		243,139us-gaap_LongTermDebt
Total liabilities	1,893,357us-gaap_Liabilities		1,861,063us-gaap_Liabilities
Resecuritization Trusts
On-balance sheet liabilities
Cash proceeds from new securitizations	6,100	2,300
Automobile and Other Securitization Trusts
On-balance sheet liabilities
Principal amount outstanding	1,100		1,900
Automobile Loan
On-balance sheet liabilities
Principal amount outstanding	313		400
Student Loan
On-balance sheet liabilities
Principal amount outstanding	549		609
Other Loan and Receivable
On-balance sheet liabilities
Principal amount outstanding	209		876
Unconsolidated VIEs \| Resecuritization Trusts
On-balance sheet assets
Unconsolidated total assets of VIEs	30,563		28,065
Unconsolidated VIEs \| Municipal Bond Trusts
On-balance sheet assets
Unconsolidated total assets of VIEs	3,237		3,314
Unconsolidated VIEs \| Automobile and Other Securitization Trusts
On-balance sheet assets
Unconsolidated total assets of VIEs	522		1,276
Unconsolidated VIEs
On-balance sheet liabilities
Weighted average remaining life of bonds held in the trusts in years	7 years 0 months
Unconsolidated VIEs \| Resecuritization Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	8,051		8,569
On-balance sheet assets
Residual interests held	2		7
All other assets	0		0
Total assets	8,051		8,569
Unconsolidated VIEs \| Resecuritization Trusts \| Senior Lien
On-balance sheet assets
Trading account assets	941		767
Debt securities carried at fair value	6,246		6,945
Held-to-maturity securities	736		740
Unconsolidated VIEs \| Resecuritization Trusts \| Junior Lien
On-balance sheet assets
Trading account assets	52		37
Debt securities carried at fair value	74		73
Unconsolidated VIEs \| Municipal Bond Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	2,045		2,100
On-balance sheet assets
Residual interests held	0		0
All other assets	0		0
Total assets	2		25
On-balance sheet liabilities
Liquidity commitments to unconsolidated securitization trusts	2,000		2,100
Unconsolidated VIEs \| Municipal Bond Trusts \| Senior Lien
On-balance sheet assets
Trading account assets	2		25
Debt securities carried at fair value	0		0
Held-to-maturity securities	0		0
Unconsolidated VIEs \| Municipal Bond Trusts \| Junior Lien
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Unconsolidated VIEs \| Automobile and Other Securitization Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	69		77
On-balance sheet assets
Residual interests held	0		0
All other assets	10		10
Total assets	69		77
Unconsolidated VIEs \| Automobile and Other Securitization Trusts \| Senior Lien
On-balance sheet assets
Trading account assets	0		6
Debt securities carried at fair value	59		61
Held-to-maturity securities	0		0
Unconsolidated VIEs \| Automobile and Other Securitization Trusts \| Junior Lien
On-balance sheet assets
Trading account assets	0		0
Debt securities carried at fair value	0		0
Consolidated VIEs \| Resecuritization Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	200		654
On-balance sheet assets
Trading account assets	496		1,295
Loans held-for-sale	0		0
All other assets	0		0
Total assets	496		1,295
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	296		641
All other liabilities	0		0
Total liabilities	296		641
Consolidated VIEs \| Municipal Bond Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	2,027		2,440
On-balance sheet assets
Trading account assets	2,038		2,452
Loans held-for-sale	0		0
All other assets	1		0
Total assets	2,039		2,452
On-balance sheet liabilities
Short-term borrowings	630		1,032
Long-term debt	12		12
All other liabilities	0		0
Total liabilities	642		1,044
Consolidated VIEs \| Automobile and Other Securitization Trusts
Variable Interest Entity [Line Items]
Maximum loss exposure	65		92
On-balance sheet assets
Trading account assets	0		0
Loans held-for-sale	495		555
All other assets	54		54
Total assets	549		609
On-balance sheet liabilities
Short-term borrowings	0		0
Long-term debt	483		516
All other liabilities	1		1
Total liabilities	$ 484		$ 517