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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

Fair Value Measurements - Nonrecurring Fair Value Inputs (Details)

v3.2.0.727

Fair Value Measurements - Nonrecurring Fair Value Inputs (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Instruments backed by residential real estate assets
Fair Value Inputs [Abstract]
Frequency of appraisals conducted	90 days
Nonrecurring \| Level 3 \| Market Comparables \| Minimum
Fair Value Inputs [Abstract]
Discount rate	14.00%	0.00%
Cost to sell	7.00%	7.00%
Nonrecurring \| Level 3 \| Market Comparables \| Maximum
Fair Value Inputs [Abstract]
Discount rate	26.00%	28.00%
Cost to sell	16.00%	14.00%
Nonrecurring \| Level 3 \| Instruments backed by residential real estate assets
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, fair value	$ 2,076	$ 4,636
Nonrecurring \| Level 3 \| Instruments backed by residential real estate assets \| Market Comparables \| Weighted Average
Fair Value Inputs [Abstract]
Discount rate	18.00%	8.00%
Cost to sell	7.00%	8.00%
Nonrecurring \| Level 3 \| Instruments backed by residential real estate assets \| Loans and leases
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, fair value	$ 2,076	$ 4,636

- Definition

Selling costs as a percentage of fair value of the asset sold, used as an input to measure fair value.

+ References

No definition available.

+ Details

Name:	bac_FairValueInputsCostToSell
Namespace Prefix:	bac_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Frequency of Appraisals Conducted

+ References

No definition available.

+ Details

Name:	bac_FrequencyofAppraisalsConducted
Namespace Prefix:	bac_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

- Definition

Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

+ Details

Name:	us-gaap_AssetsFairValueDisclosure
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- References

No definition available.

+ Details

Name:	us-gaap_FairValueInputsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (bbb)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueInputsDiscountRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	us-gaap_ProductOrServiceAxis=bac_InstrumentsBackedByResidentialRealEstateAssetsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsNonrecurringMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_ValuationTechniqueAxis=us-gaap_MarketApproachValuationTechniqueMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_RangeAxis=us-gaap_WeightedAverageMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FairValueByAssetClassAxis=us-gaap_LoansReceivableMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: