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

Fair Value Measurements - Recurring Fair Value (Details)

Fair Value Measurements - Recurring Fair Value (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Financial assets
Federal funds sold and securities borrowed or purchased under agreements to resell	$ 60,451,000,000	$ 62,182,000,000
Trading account assets	186,860,000,000us-gaap_TradingSecurities	191,785,000,000us-gaap_TradingSecurities
Gross Derivative Assets	966,000,000,000	984,800,000,000
Derivative assets	61,331,000,000us-gaap_DerivativeAssets	52,682,000,000us-gaap_DerivativeAssets
Total available-for-sale debt securities	288,942,000,000	284,274,000,000
Other debt securities carried at fair value	35,232,000,000	36,421,000,000
Loans and leases, measured at fair value	8,466,000,000	8,681,000,000
Mortgage servicing rights	3,394,000,000us-gaap_ServicingAssetAtFairValueAmount	3,530,000,000us-gaap_ServicingAssetAtFairValueAmount	4,765,000,000us-gaap_ServicingAssetAtFairValueAmount	5,042,000,000us-gaap_ServicingAssetAtFairValueAmount
Loans held-for-sale, measured at fair value	7,690,000,000	6,801,000,000
Other assets	14,114,000,000us-gaap_OtherAssetsFairValueDisclosure	13,873,000,000us-gaap_OtherAssetsFairValueDisclosure
Liabilities
Interest-bearing, measured at fair value	1,275,000,000	1,469,000,000
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value	27,129,000,000	35,357,000,000
Gross Derivative Liabilities	960,000,000,000	981,800,000,000
Derivative Liability	52,234,000,000us-gaap_DerivativeLiabilities	46,909,000,000us-gaap_DerivativeLiabilities
Short-term borrowings, measured at fair value	2,893,000,000us-gaap_ShorttermDebtFairValue	2,697,000,000us-gaap_ShorttermDebtFairValue
Long-term debt	32,875,000,000us-gaap_LongTermDebtFairValue	36,404,000,000us-gaap_LongTermDebtFairValue
Assets and Liabilities, Recurring Basis, Supplemental Information:
Assets transferred from Level 2 to Level 1	327,000,000
Assets transferred from Level 1 to Level 2		4,100,000,000
Liabilities transferred from Level 1 to Level 2		570,000,000
U.S. Treasury and agency securities
Financial assets
Total available-for-sale debt securities	59,516,000,000	69,595,000,000
Agency
Financial assets
Total available-for-sale debt securities	181,838,000,000	165,039,000,000
Agency-collateralized mortgage obligations
Financial assets
Total available-for-sale debt securities	13,961,000,000	14,248,000,000
Non-agency residential
Financial assets
Total available-for-sale debt securities	4,026,000,000	4,454,000,000
Commercial
Financial assets
Total available-for-sale debt securities	3,989,000,000	4,000,000,000
Other taxable securities
Financial assets
Total available-for-sale debt securities	9,578,000,000	10,791,000,000
Tax-exempt securities
Financial assets
Total available-for-sale debt securities	9,717,000,000	9,549,000,000
US Government-sponsored Enterprises Debt Securities
Financial assets
Trading account assets	16,500,000,000	17,200,000,000
Recurring
Financial assets
Federal funds sold and securities borrowed or purchased under agreements to resell	60,451,000,000	62,182,000,000
Trading account assets	186,860,000,000	191,785,000,000
Netting adjustments	(904,730,000,000)	(932,103,000,000)
Derivative assets	61,331,000,000	52,682,000,000
Total available-for-sale debt securities	288,942,000,000	284,274,000,000
Other debt securities carried at fair value	35,232,000,000	36,421,000,000
Loans and leases, measured at fair value	8,466,000,000	8,681,000,000
Mortgage servicing rights	3,394,000,000	3,530,000,000
Loans held-for-sale, measured at fair value	7,690,000,000	6,801,000,000
Other assets	14,114,000,000	13,873,000,000
Total assets	666,480,000,000	660,229,000,000
Liabilities
Interest-bearing, measured at fair value	1,275,000,000	1,469,000,000
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value	27,129,000,000	35,357,000,000
Total trading account liabilities	74,791,000,000	74,192,000,000
Netting adjustment	(907,769,000,000)	(934,857,000,000)
Derivative Liability	52,234,000,000	46,909,000,000
Short-term borrowings, measured at fair value	2,893,000,000	2,697,000,000
Accrued expenses and other liabilities	12,664,000,000	12,055,000,000
Long-term debt	32,875,000,000	36,404,000,000
Total liabilities	203,861,000,000	209,083,000,000
Recurring \| U.S. government and agency securities
Financial assets
Trading account assets	50,867,000,000	51,019,000,000
Liabilities
Total trading account liabilities	20,082,000,000	18,960,000,000
Recurring \| Corporate securities, trading loans and other
Financial assets
Trading account assets	34,521,000,000	35,212,000,000
Liabilities
Total trading account liabilities	7,921,000,000	7,169,000,000
Recurring \| Equity securities
Financial assets
Trading account assets	57,658,000,000	56,358,000,000
Liabilities
Total trading account liabilities	29,025,000,000	28,349,000,000
Recurring \| Non-U.S. sovereign debt
Financial assets
Trading account assets	32,726,000,000	36,254,000,000
Liabilities
Total trading account liabilities	17,763,000,000	19,714,000,000
Recurring \| Mortgage trading loans and ABS
Financial assets
Trading account assets	11,088,000,000	12,942,000,000
Recurring \| U.S. Treasury and agency securities
Financial assets
Total available-for-sale debt securities	59,516,000,000	69,595,000,000
Other debt securities carried at fair value	1,272,000,000	1,541,000,000
Recurring \| Agency
Financial assets
Total available-for-sale debt securities	181,838,000,000	165,039,000,000
Other debt securities carried at fair value	15,670,000,000	15,704,000,000
Recurring \| Agency-collateralized mortgage obligations
Financial assets
Total available-for-sale debt securities	13,961,000,000	14,248,000,000
Recurring \| Non-agency residential
Financial assets
Total available-for-sale debt securities	4,026,000,000	4,454,000,000
Other debt securities carried at fair value	3,869,000,000	3,745,000,000
Recurring \| Commercial
Financial assets
Total available-for-sale debt securities	3,989,000,000	4,000,000,000
Recurring \| Non-U.S. securities
Financial assets
Total available-for-sale debt securities	5,952,000,000	6,230,000,000
Other debt securities carried at fair value	14,124,000,000	15,132,000,000
Recurring \| Corporate/Agency bonds
Financial assets
Total available-for-sale debt securities	365,000,000	368,000,000
Recurring \| Other taxable securities
Financial assets
Total available-for-sale debt securities	9,578,000,000	10,791,000,000
Other debt securities carried at fair value	297,000,000	299,000,000
Recurring \| Tax-exempt securities
Financial assets
Total available-for-sale debt securities	9,717,000,000	9,549,000,000
Recurring \| Level 1
Financial assets
Federal funds sold and securities borrowed or purchased under agreements to resell	0	0
Trading account assets	86,602,000,000	87,579,000,000
Gross Derivative Assets	4,764,000,000	4,957,000,000
Total available-for-sale debt securities	60,411,000,000	70,624,000,000
Other debt securities carried at fair value	13,799,000,000	14,811,000,000
Loans and leases, measured at fair value	0	0
Mortgage servicing rights	0	0
Loans held-for-sale, measured at fair value	0	0
Other assets	12,296,000,000	11,581,000,000
Total assets	177,872,000,000	189,552,000,000
Liabilities
Interest-bearing, measured at fair value	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value	0	0
Total trading account liabilities	60,784,000,000	59,471,000,000
Gross Derivative Liabilities	5,121,000,000	4,493,000,000
Short-term borrowings, measured at fair value	0	0
Accrued expenses and other liabilities	11,602,000,000	10,795,000,000
Long-term debt	0	0
Total liabilities	77,507,000,000	74,759,000,000
Recurring \| Level 1 \| U.S. government and agency securities
Financial assets
Trading account assets	34,138,000,000	33,470,000,000
Liabilities
Total trading account liabilities	19,941,000,000	18,514,000,000
Recurring \| Level 1 \| Corporate securities, trading loans and other
Financial assets
Trading account assets	494,000,000	243,000,000
Liabilities
Total trading account liabilities	212,000,000	189,000,000
Recurring \| Level 1 \| Equity securities
Financial assets
Trading account assets	34,110,000,000	33,518,000,000
Liabilities
Total trading account liabilities	25,127,000,000	24,679,000,000
Recurring \| Level 1 \| Non-U.S. sovereign debt
Financial assets
Trading account assets	17,860,000,000	20,348,000,000
Liabilities
Total trading account liabilities	15,504,000,000	16,089,000,000
Recurring \| Level 1 \| U.S. Treasury and agency securities
Financial assets
Total available-for-sale debt securities	57,422,000,000	67,413,000,000
Other debt securities carried at fair value	1,272,000,000	1,541,000,000
Recurring \| Level 1 \| Agency
Financial assets
Total available-for-sale debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring \| Level 1 \| Agency-collateralized mortgage obligations
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 1 \| Non-agency residential
Financial assets
Total available-for-sale debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring \| Level 1 \| Commercial
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 1 \| Non-U.S. securities
Financial assets
Total available-for-sale debt securities	2,969,000,000	3,191,000,000
Other debt securities carried at fair value	12,527,000,000	13,270,000,000
Recurring \| Level 1 \| Corporate/Agency bonds
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 1 \| Other taxable securities
Financial assets
Total available-for-sale debt securities	20,000,000	20,000,000
Other debt securities carried at fair value		0
Recurring \| Level 1 \| Tax-exempt securities
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 2
Financial assets
Federal funds sold and securities borrowed or purchased under agreements to resell	60,451,000,000	62,182,000,000
Trading account assets	94,544,000,000	97,947,000,000
Gross Derivative Assets	953,847,000,000	972,977,000,000
Total available-for-sale debt securities	226,847,000,000	211,095,000,000
Other debt securities carried at fair value	21,433,000,000	21,610,000,000
Loans and leases, measured at fair value	6,512,000,000	6,698,000,000
Mortgage servicing rights		0
Loans held-for-sale, measured at fair value	7,147,000,000	6,628,000,000
Other assets	971,000,000	1,381,000,000
Total assets	1,371,752,000,000	1,380,518,000,000
Liabilities
Interest-bearing, measured at fair value	1,275,000,000	1,469,000,000
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value	27,129,000,000	35,357,000,000
Total trading account liabilities	13,966,000,000	14,685,000,000
Gross Derivative Liabilities	946,351,000,000	969,502,000,000
Short-term borrowings, measured at fair value	2,878,000,000	2,697,000,000
Accrued expenses and other liabilities	1,052,000,000	1,250,000,000
Long-term debt	30,069,000,000	34,042,000,000
Total liabilities	1,022,720,000,000	1,059,002,000,000
Recurring \| Level 2 \| U.S. government and agency securities
Financial assets
Trading account assets	16,729,000,000	17,549,000,000
Liabilities
Total trading account liabilities	141,000,000	446,000,000
Recurring \| Level 2 \| Corporate securities, trading loans and other
Financial assets
Trading account assets	31,267,000,000	31,699,000,000
Liabilities
Total trading account liabilities	7,668,000,000	6,944,000,000
Recurring \| Level 2 \| Equity securities
Financial assets
Trading account assets	23,208,000,000	22,488,000,000
Liabilities
Total trading account liabilities	3,898,000,000	3,670,000,000
Recurring \| Level 2 \| Non-U.S. sovereign debt
Financial assets
Trading account assets	14,358,000,000	15,332,000,000
Liabilities
Total trading account liabilities	2,259,000,000	3,625,000,000
Recurring \| Level 2 \| Mortgage trading loans and ABS
Financial assets
Trading account assets	8,982,000,000	10,879,000,000
Recurring \| Level 2 \| U.S. Treasury and agency securities
Financial assets
Total available-for-sale debt securities	2,094,000,000	2,182,000,000
Other debt securities carried at fair value	0	0
Recurring \| Level 2 \| Agency
Financial assets
Total available-for-sale debt securities	181,838,000,000	165,039,000,000
Other debt securities carried at fair value	15,670,000,000	15,704,000,000
Recurring \| Level 2 \| Agency-collateralized mortgage obligations
Financial assets
Total available-for-sale debt securities	13,961,000,000	14,248,000,000
Recurring \| Level 2 \| Non-agency residential
Financial assets
Total available-for-sale debt securities	3,624,000,000	4,175,000,000
Other debt securities carried at fair value	3,869,000,000	3,745,000,000
Recurring \| Level 2 \| Commercial
Financial assets
Total available-for-sale debt securities	3,989,000,000	4,000,000,000
Recurring \| Level 2 \| Non-U.S. securities
Financial assets
Total available-for-sale debt securities	2,974,000,000	3,029,000,000
Other debt securities carried at fair value	1,597,000,000	1,862,000,000
Recurring \| Level 2 \| Corporate/Agency bonds
Financial assets
Total available-for-sale debt securities	365,000,000	368,000,000
Recurring \| Level 2 \| Other taxable securities
Financial assets
Total available-for-sale debt securities	8,868,000,000	9,104,000,000
Other debt securities carried at fair value	297,000,000	299,000,000
Recurring \| Level 2 \| Tax-exempt securities
Financial assets
Total available-for-sale debt securities	9,134,000,000	8,950,000,000
Recurring \| Level 3
Financial assets
Federal funds sold and securities borrowed or purchased under agreements to resell	0	0
Trading account assets	5,714,000,000	6,259,000,000
Gross Derivative Assets	7,450,000,000	6,851,000,000	6,900,000,000
Total available-for-sale debt securities	1,684,000,000	2,555,000,000
Other debt securities carried at fair value	0	0
Loans and leases, measured at fair value	1,954,000,000	1,983,000,000
Mortgage servicing rights	3,394,000,000	3,530,000,000
Loans held-for-sale, measured at fair value	543,000,000	173,000,000
Other assets	847,000,000	911,000,000
Total assets	21,586,000,000	22,262,000,000
Liabilities
Interest-bearing, measured at fair value	0	0
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value	0	0
Total trading account liabilities	41,000,000	36,000,000
Gross Derivative Liabilities	8,531,000,000	7,771,000,000	7,700,000,000
Short-term borrowings, measured at fair value	15,000,000	0
Accrued expenses and other liabilities	10,000,000	10,000,000
Long-term debt	2,806,000,000	2,362,000,000
Total liabilities	11,403,000,000	10,179,000,000
Recurring \| Level 3 \| U.S. government and agency securities
Financial assets
Trading account assets		0
Liabilities
Total trading account liabilities	0	0
Recurring \| Level 3 \| Corporate securities, trading loans and other
Financial assets
Trading account assets	2,760,000,000	3,270,000,000
Total assets	2,800,000,000	3,300,000,000
Liabilities
Total trading account liabilities	41,000,000	36,000,000
Recurring \| Level 3 \| Equity securities
Financial assets
Trading account assets	340,000,000	352,000,000
Liabilities
Total trading account liabilities	0	0
Recurring \| Level 3 \| Non-U.S. sovereign debt
Financial assets
Trading account assets	508,000,000	574,000,000
Total assets	508,000,000	574,000,000
Liabilities
Total trading account liabilities	0	0
Recurring \| Level 3 \| Mortgage trading loans and ABS
Financial assets
Trading account assets	2,106,000,000	2,063,000,000
Total assets	2,100,000,000	2,100,000,000
Recurring \| Level 3 \| U.S. Treasury and agency securities
Financial assets
Total available-for-sale debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring \| Level 3 \| Agency
Financial assets
Total available-for-sale debt securities	0	0
Other debt securities carried at fair value	0	0
Recurring \| Level 3 \| Agency-collateralized mortgage obligations
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 3 \| Non-agency residential
Financial assets
Total available-for-sale debt securities	402,000,000	279,000,000
Other debt securities carried at fair value	0	0
Recurring \| Level 3 \| Commercial
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 3 \| Non-U.S. securities
Financial assets
Total available-for-sale debt securities	9,000,000	10,000,000
Other debt securities carried at fair value	0	0
Recurring \| Level 3 \| Corporate/Agency bonds
Financial assets
Total available-for-sale debt securities	0	0
Recurring \| Level 3 \| Other taxable securities
Financial assets
Total available-for-sale debt securities	690,000,000	1,667,000,000
Other debt securities carried at fair value	0	0
Total assets	690,000,000	1,700,000,000
Recurring \| Level 3 \| Tax-exempt securities
Financial assets
Total available-for-sale debt securities	583,000,000	599,000,000
Total assets	$ 583,000,000	$ 599,000,000