Fair Value Measurements - Recurring Fair Value Inputs (Details) - USD ($)
|
6 Months Ended |
12 Months Ended |
|
|
|
|
Jun. 30, 2015 |
Dec. 31, 2014 |
Mar. 31, 2015 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2013 |
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Long-term debt |
$ (32,920,000,000)
|
$ (36,404,000,000)
|
|
|
|
|
| Net derivative asset |
(351,000,000)
|
(920,000,000)
|
$ (1,081,000,000)
|
$ (1,035,000,000)
|
$ (839,000,000)
|
$ (224,000,000)
|
| Recurring |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
673,800,000,000
|
660,229,000,000
|
|
|
|
|
| Long-term debt |
(32,920,000,000)
|
(36,404,000,000)
|
|
|
|
|
| Recurring | Level 3 |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
21,273,000,000
|
22,262,000,000
|
|
|
|
|
| Long-term debt |
(2,716,000,000)
|
(2,362,000,000)
|
|
|
|
|
| Net derivative asset |
(351,000,000)
|
(920,000,000)
|
|
|
|
|
| Recurring | Level 3 | Loans held-for-sale |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
660,000,000
|
173,000,000
|
|
|
|
|
| Recurring | Level 3 | Loans and leases |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
2,000,000,000
|
2,000,000,000
|
|
|
|
|
| Recurring | Level 3 | Credit derivatives |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Net derivative asset |
$ (265,000,000)
|
$ 22,000,000
|
|
|
|
|
| Recurring | Level 3 | Credit derivatives | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Default rate |
1.00%
|
4.00%
|
|
|
|
|
| Loss severity |
|
35.00%
|
|
|
|
|
| Recurring | Level 3 | Credit derivatives | Minimum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
0.00%
|
0.00%
|
|
|
|
|
| Prepayment speed |
3.00%
|
3.00%
|
|
|
|
|
| Loss severity |
20.00%
|
|
|
|
|
|
| Upfront points |
0.00%
|
0.00%
|
|
|
|
|
| Spread to index |
|
0.25%
|
|
|
|
|
| Credit correlation |
26.00%
|
24.00%
|
|
|
|
|
| Recurring | Level 3 | Credit derivatives | Maximum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
26.00%
|
25.00%
|
|
|
|
|
| Prepayment speed |
20.00%
|
20.00%
|
|
|
|
|
| Default rate |
4.00%
|
|
|
|
|
|
| Loss severity |
40.00%
|
|
|
|
|
|
| Upfront points |
1.00%
|
1.00%
|
|
|
|
|
| Spread to index |
|
4.50%
|
|
|
|
|
| Credit correlation |
99.00%
|
99.00%
|
|
|
|
|
| Recurring | Level 3 | Credit derivatives | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
15.00%
|
14.00%
|
|
|
|
|
| Prepayment speed |
17.00%
|
11.00%
|
|
|
|
|
| Default rate |
3.00%
|
|
|
|
|
|
| Loss severity |
35.00%
|
|
|
|
|
|
| Upfront points |
0.75%
|
0.65%
|
|
|
|
|
| Spread to index |
|
1.19%
|
|
|
|
|
| Credit correlation |
51.00%
|
51.00%
|
|
|
|
|
| Recurring | Level 3 | Equity derivatives |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Net derivative asset |
$ (1,209,000,000)
|
$ (1,560,000,000)
|
|
|
|
|
| Recurring | Level 3 | Equity derivatives | Minimum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
20.00%
|
20.00%
|
|
|
|
|
| Long-dated equity volatilities |
4.00%
|
6.00%
|
|
|
|
|
| Recurring | Level 3 | Equity derivatives | Maximum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
98.00%
|
98.00%
|
|
|
|
|
| Long-dated equity volatilities |
91.00%
|
69.00%
|
|
|
|
|
| Recurring | Level 3 | Equity derivatives | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
65.00%
|
65.00%
|
|
|
|
|
| Long-dated equity volatilities |
23.00%
|
24.00%
|
|
|
|
|
| Recurring | Level 3 | Commodity contracts |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Net derivative asset |
$ 151,000,000
|
$ 141,000,000
|
|
|
|
|
| Recurring | Level 3 | Commodity contracts | Minimum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Long-dated equity volatilities |
17.00%
|
16.00%
|
|
|
|
|
| Natural gas forward price |
$ 2
|
$ 2
|
|
|
|
|
| Correlation |
66.00%
|
82.00%
|
|
|
|
|
| Recurring | Level 3 | Commodity contracts | Maximum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Long-dated equity volatilities |
131.00%
|
98.00%
|
|
|
|
|
| Natural gas forward price |
$ 7
|
$ 7
|
|
|
|
|
| Correlation |
93.00%
|
93.00%
|
|
|
|
|
| Recurring | Level 3 | Commodity contracts | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Long-dated equity volatilities |
40.00%
|
35.00%
|
|
|
|
|
| Natural gas forward price |
$ 5
|
$ 5
|
|
|
|
|
| Correlation |
84.00%
|
90.00%
|
|
|
|
|
| Recurring | Level 3 | Interest rate derivatives |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Net derivative asset |
$ 972,000,000
|
$ 477,000,000
|
|
|
|
|
| Recurring | Level 3 | Interest rate derivatives | Minimum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Correlation (IR/IR) |
21.00%
|
11.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
0.00%
|
0.00%
|
|
|
|
|
| Correlation (FX/IR) |
(25.00%)
|
(48.00%)
|
|
|
|
|
| Long-dated inflation rates |
0.00%
|
0.00%
|
|
|
|
|
| Recurring | Level 3 | Interest rate derivatives | Maximum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Correlation (IR/IR) |
99.00%
|
99.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
2.00%
|
2.00%
|
|
|
|
|
| Correlation (FX/IR) |
40.00%
|
40.00%
|
|
|
|
|
| Long-dated inflation rates |
4.00%
|
3.00%
|
|
|
|
|
| Recurring | Level 3 | Interest rate derivatives | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Correlation (IR/IR) |
46.00%
|
55.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
1.00%
|
1.00%
|
|
|
|
|
| Correlation (FX/IR) |
(8.00%)
|
(5.00%)
|
|
|
|
|
| Long-dated inflation rates |
2.00%
|
1.00%
|
|
|
|
|
| Recurring | Level 3 | Mortgage trading loans and ABS |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 2,200,000,000
|
$ 2,100,000,000
|
|
|
|
|
| Recurring | Level 3 | Corporate securities, trading loans and other |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
3,300,000,000
|
3,300,000,000
|
|
|
|
|
| Recurring | Level 3 | Non-U.S. sovereign debt |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
468,000,000
|
574,000,000
|
|
|
|
|
| Recurring | Level 3 | Other taxable securities, substantially all asset-backed securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
677,000,000
|
1,700,000,000
|
|
|
|
|
| Recurring | Level 3 | Tax-exempt securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
584,000,000
|
599,000,000
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 2,180,000,000
|
$ 2,030,000,000
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Minimum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
0.00%
|
0.00%
|
|
|
|
|
| Prepayment speed |
0.00%
|
0.00%
|
|
|
|
|
| Default rate |
0.00%
|
2.00%
|
|
|
|
|
| Loss severity |
0.00%
|
26.00%
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Maximum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
25.00%
|
25.00%
|
|
|
|
|
| Prepayment speed |
33.00%
|
35.00%
|
|
|
|
|
| Default rate |
14.00%
|
15.00%
|
|
|
|
|
| Loss severity |
80.00%
|
100.00%
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Weighted Average | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
5.00%
|
6.00%
|
|
|
|
|
| Prepayment speed |
12.00%
|
14.00%
|
|
|
|
|
| Default rate |
6.00%
|
7.00%
|
|
|
|
|
| Loss severity |
40.00%
|
34.00%
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Loans held-for-sale |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 660,000,000
|
$ 173,000,000
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Loans and leases |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
1,485,000,000
|
1,374,000,000
|
|
|
|
|
| Recurring | Level 3 | Instruments backed by residential real estate assets | Mortgage trading loans and ABS | Trading Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
35,000,000
|
483,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 6,205,000,000
|
$ 7,203,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Minimum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
0.00%
|
0.00%
|
|
|
|
|
| Enterprise value/EBITDA multiple |
|
0
|
|
|
|
|
| Prepayment speed |
5.00%
|
1.00%
|
|
|
|
|
| Default rate |
1.00%
|
1.00%
|
|
|
|
|
| Loss severity |
25.00%
|
25.00%
|
|
|
|
|
| Duration |
|
|
|
|
|
|
| Price (in usd per share) |
$ 0
|
$ 0
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Maximum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
29.00%
|
40.00%
|
|
|
|
|
| Enterprise value/EBITDA multiple |
|
30
|
|
|
|
|
| Prepayment speed |
30.00%
|
30.00%
|
|
|
|
|
| Default rate |
5.00%
|
5.00%
|
|
|
|
|
| Loss severity |
50.00%
|
40.00%
|
|
|
|
|
| Duration |
4 years
|
5 years
|
|
|
|
|
| Price (in usd per share) |
$ 138
|
$ 107
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Weighted Average | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Yield |
10.00%
|
9.00%
|
|
|
|
|
| Enterprise value/EBITDA multiple |
|
6
|
|
|
|
|
| Prepayment speed |
15.00%
|
12.00%
|
|
|
|
|
| Default rate |
4.00%
|
4.00%
|
|
|
|
|
| Loss severity |
38.00%
|
38.00%
|
|
|
|
|
| Duration |
3 years
|
3 years
|
|
|
|
|
| Price (in usd per share) |
$ 66
|
$ 76
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Loans and leases |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 485,000,000
|
$ 609,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Mortgage trading loans and ABS | Trading Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
2,124,000,000
|
1,580,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Corporate securities, trading loans and other | Trading Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
2,959,000,000
|
3,224,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Non-U.S. sovereign debt | Trading Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
468,000,000
|
574,000,000
|
|
|
|
|
| Recurring | Level 3 | Commercial loans, debt securities and other | Other taxable securities, substantially all asset-backed securities | Available-for-sale Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
169,000,000
|
1,216,000,000
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 1,459,000,000
|
$ 1,096,000,000
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Minimum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Price (in usd per share) |
$ 44
|
$ 60
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Maximum | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Price (in usd per share) |
105
|
100
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Weighted Average | Income and Market Approach Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Price (in usd per share) |
$ 98
|
$ 95
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Corporate securities, trading loans and other | Trading Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 367,000,000
|
$ 46,000,000
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Other taxable securities, substantially all asset-backed securities | Available-for-sale Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
508,000,000
|
451,000,000
|
|
|
|
|
| Recurring | Level 3 | Auction rate securities | Tax-exempt securities | Available-for-sale Securities |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Assets, fair value |
$ 584,000,000
|
$ 599,000,000
|
|
|
|
|
| Recurring | Level 3 | Structured liabilities | Minimum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
20.00%
|
20.00%
|
|
|
|
|
| Long-dated equity volatilities |
4.00%
|
6.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
1.00%
|
0.00%
|
|
|
|
|
| Recurring | Level 3 | Structured liabilities | Maximum | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
98.00%
|
98.00%
|
|
|
|
|
| Long-dated equity volatilities |
91.00%
|
69.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
1.00%
|
2.00%
|
|
|
|
|
| Recurring | Level 3 | Structured liabilities | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
65.00%
|
|
|
|
|
|
| Long-dated equity volatilities |
23.00%
|
|
|
|
|
|
| Recurring | Level 3 | Structured liabilities | Long-term debt |
|
|
|
|
|
|
| Fair Value Inputs, Assets, Quantitative Information [Line Items] |
|
|
|
|
|
|
| Long-term debt |
$ (2,716,000,000)
|
$ (2,362,000,000)
|
|
|
|
|
| Recurring | Level 3 | Structured liabilities | Long-term debt | Weighted Average | Income Approach Valuation Technique |
|
|
|
|
|
|
| Fair Value Inputs [Abstract] |
|
|
|
|
|
|
| Equity correlation |
|
65.00%
|
|
|
|
|
| Long-dated equity volatilities |
|
24.00%
|
|
|
|
|
| Long-dated volatilities (IR) |
|
1.00%
|
|
|
|
|