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

Derivatives - Derivatives Designated as Accounting Hedges - Fair Value Hedges (Details)

v3.4.0.3

Derivatives - Derivatives Designated as Accounting Hedges - Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ 3,351	$ (494)
Hedged Item	(3,570)	244
Hedge Ineffectiveness	(219)	(250)
Interest rate risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	2,661	1,096
Hedged Item	(2,854)	(1,292)
Hedge Ineffectiveness	(193)	(196)
Interest rate and foreign currency risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	839	(1,644)
Hedged Item	(846)	1,588
Hedge Ineffectiveness	(7)	(56)
Interest rate risk on AFS securities \| Interest income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(151)	43
Hedged Item	132	(45)
Hedge Ineffectiveness	(19)	(2)
Price risk on commodity inventory \| Trading gain (loss)
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	2	11
Hedged Item	(2)	(7)
Hedge Ineffectiveness	$ 0	$ 4

- Definition

Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

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- References

No definition available.

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- Definition

Amount of gain (loss)recognized in the income statement from the hedging ineffectiveness of a fair value hedge.

+ References

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- Definition

Total amount of gain (loss) derived from fair value hedges recognized in earnings in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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