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

Commitments and Contingencies - Other Guarantees (Details)

v3.8.0.1

Commitments and Contingencies - Other Guarantees (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Merchant Servicing Joint Venture
Loss Contingencies [Line Items]
Equity method investment ownership percentage	49.00%		49.00%
Carrying value of investment	$ 2,900		$ 2,900		$ 2,900
Merchant Processing Servicers, Sponsored Entities
Loss Contingencies [Line Items]
Transactions processed and settled by sponsored entities	200,400	$ 189,900	591,800	$ 527,700
Losses as result of cardholder disputed transactions	7	$ 9	22	$ 23
Life Insurance Book Value Protection
Loss Contingencies [Line Items]
Notional amount of derivatives	14,000		14,000		13,900
Maximum potential exposure	3,200		3,200		3,200
Net fair value of bank-owned life insurance book value protection	2		2		4
Merchant Services \| Merchant Processing Servicers, Sponsored Entities
Loss Contingencies [Line Items]
Maximum potential exposure	334,900		334,900		325,700
Other Guarantee
Loss Contingencies [Line Items]
Maximum potential exposure	$ 6,500		$ 6,500		$ 6,700

- Definition

This represents losses recorded by the Corporation as a result of cardholder disputed transactions.

+ References

No definition available.

+ Details

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Namespace Prefix:	bac_
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Balance Type:	debit
Period Type:	duration

- Definition

The amount of merchant services transactions processed and settled by sponsored merchant processing servicers that process credit and debit card transactions on behalf of various merchants.

+ References

No definition available.

+ Details

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Namespace Prefix:	bac_
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- Definition

Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 12
-Section 13
-Sentence Column B

+ Details

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Namespace Prefix:	invest_
Data Type:	xbrli:monetaryItemType
Balance Type:	na
Period Type:	instant

- Definition

The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

+ Details

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- Definition

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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- Definition

Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=82913245&loc=d3e12069-110248

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- Definition

Fair value portion of guarantee, including, but not limited to, financial standby letter of credit, fair value guarantee, guarantee of collection of scheduled contractual cash flows from financial assets, and contracts that contingently require the guarantor to make payments or perform services.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 5
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82913245&loc=d3e12201-110248

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Balance Type:	credit
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- 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

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- Details

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- Details

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- Details

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- Details

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- Details

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