Quarterly report pursuant to Section 13 or 15(d)

Securities (Details)

v2.3.0.15
Securities (Details) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost $ 317,424 $ 336,498
Fair Value 324,267 337,627
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 21,259 [1] 128,960 [1]
Twelve Months or Longer, Fair Value 51,396 [1] 6,105 [1]
Total Fair Value 72,655 [1] 135,065 [1]
Less than 12 Months, Total gross unrealized losses (308) [1] (3,395) [1]
12 Months or Longer, Total gross unrealized losses (1,315) [1] (1,123) [1]
Total gross unrealized losses (1,623) [1] (4,518) [1]
Temporarily Impaired [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 20,978 128,764
Twelve Months or Longer, Fair Value 51,003 5,352
Total Fair Value 71,981 134,116
Less than 12 Months, Total gross unrealized losses (265) (3,376)
12 Months or Longer, Total gross unrealized losses (1,280) (568)
Total gross unrealized losses (1,545) (3,944)
Temporarily Impaired [Member] | Agency [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 4,960 85,517
Twelve Months or Longer, Fair Value 1,273 0
Total Fair Value 6,233 85,517
Less than 12 Months, Total gross unrealized losses (25) (2,240)
12 Months or Longer, Total gross unrealized losses (10) 0
Total gross unrealized losses (35) (2,240)
Temporarily Impaired [Member] | Agency-collateralized mortgage obligations [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 7,930 3,220
Twelve Months or Longer, Fair Value 1,027 0
Total Fair Value 8,957 3,220
Less than 12 Months, Total gross unrealized losses (82) (23)
12 Months or Longer, Total gross unrealized losses (33) 0
Total gross unrealized losses (115) (23)
Temporarily Impaired [Member] | Non-agency residential [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 2,799 6,385
Twelve Months or Longer, Fair Value 3,312 2,245
Total Fair Value 6,111 8,630
Less than 12 Months, Total gross unrealized losses (88) (205)
12 Months or Longer, Total gross unrealized losses (341) (274)
Total gross unrealized losses (429) (479)
Temporarily Impaired [Member] | Non-agency commercial [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 42 47
Twelve Months or Longer, Fair Value 19 0
Total Fair Value 61 47
Less than 12 Months, Total gross unrealized losses (1) (1)
12 Months or Longer, Total gross unrealized losses (2) 0
Total gross unrealized losses (3) (1)
Temporarily Impaired [Member] | Non-U.S. securities [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 359 0
Twelve Months or Longer, Fair Value 102 70
Total Fair Value 461 70
Less than 12 Months, Total gross unrealized losses (10) 0
12 Months or Longer, Total gross unrealized losses (2) (7)
Total gross unrealized losses (12) (7)
Temporarily Impaired [Member] | Corporate/Agency bonds [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 389 465
Twelve Months or Longer, Fair Value 91 22
Total Fair Value 480 487
Less than 12 Months, Total gross unrealized losses (12) (9)
12 Months or Longer, Total gross unrealized losses (3) (1)
Total gross unrealized losses (15) (10)
Temporarily Impaired [Member] | Other Taxable Securities, Debt [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 2,525 3,414
Twelve Months or Longer, Fair Value 3,789 46
Total Fair Value 6,314 3,460
Less than 12 Months, Total gross unrealized losses (8) (38)
12 Months or Longer, Total gross unrealized losses (19) (7)
Total gross unrealized losses (27) (45)
Temporarily Impaired [Member] | Total taxable securities [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 19,646 126,432
Twelve Months or Longer, Fair Value 47,477 4,765
Total Fair Value 67,123 131,197
Less than 12 Months, Total gross unrealized losses (229) (3,279)
12 Months or Longer, Total gross unrealized losses (1,155) (438)
Total gross unrealized losses (1,384) (3,717)
Temporarily Impaired [Member] | Tax-exempt securities [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 1,289 2,325
Twelve Months or Longer, Fair Value 3,504 568
Total Fair Value 4,793 2,893
Less than 12 Months, Total gross unrealized losses (27) (95)
12 Months or Longer, Total gross unrealized losses (109) (119)
Total gross unrealized losses (136) (214)
Temporarily Impaired [Member] | Debt [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 20,935 128,757
Twelve Months or Longer, Fair Value 50,981 5,333
Total Fair Value 71,916 134,090
Less than 12 Months, Total gross unrealized losses (256) (3,374)
12 Months or Longer, Total gross unrealized losses (1,264) (557)
Total gross unrealized losses (1,520) (3,931)
Temporarily Impaired [Member] | Equity [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 43 7
Twelve Months or Longer, Fair Value 22 19
Total Fair Value 65 26
Less than 12 Months, Total gross unrealized losses (9) (2)
12 Months or Longer, Total gross unrealized losses (16) (11)
Total gross unrealized losses (25) (13)
Other Than Temporarily Impaired Member | Non-agency residential [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 281 [2] 128 [2]
Twelve Months or Longer, Fair Value 393 [2] 530 [2]
Total Fair Value 674 [2] 658 [2]
Less than 12 Months, Total gross unrealized losses (43) [2] (11) [2]
12 Months or Longer, Total gross unrealized losses (35) [2] (439) [2]
Total gross unrealized losses (78) [2] (450) [2]
Other Than Temporarily Impaired Member | Other Taxable Securities, Debt [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value   0 [2]
Twelve Months or Longer, Fair Value   223 [2]
Total Fair Value   223 [2]
Less than 12 Months, Total gross unrealized losses   0 [2]
12 Months or Longer, Total gross unrealized losses   (116) [2]
Total gross unrealized losses   (116) [2]
Other Than Temporarily Impaired Member | Tax-exempt securities [Member]
    
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value   68 [2]
Twelve Months or Longer, Fair Value   0 [2]
Total Fair Value   68 [2]
Less than 12 Months, Total gross unrealized losses   (8) [2]
12 Months or Longer, Total gross unrealized losses   0 [2]
Total gross unrealized losses   (8) [2]
U.S. Treasury and agency securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 59,905 49,413
Gross Unrealized Gains 874 604
Gross Unrealized Losses (748) (912)
Fair Value 60,031 49,105
Current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses    
Less than Twelve Months, Fair Value 642 27,384
Twelve Months or Longer, Fair Value 37,864 2,382
Total Fair Value 38,506 29,766
Less than 12 Months, Total gross unrealized losses (3) (763)
12 Months or Longer, Total gross unrealized losses (745) (149)
Total gross unrealized losses (748) (912)
Agency [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 155,008 190,409
Gross Unrealized Gains 5,106 3,048
Gross Unrealized Losses (35) (2,240)
Fair Value 160,079 191,217
Agency-collateralized mortgage obligations [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 52,197 36,639
Gross Unrealized Gains 1,156 401
Gross Unrealized Losses (115) (23)
Fair Value 53,238 37,017
Non-agency residential [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 17,707 [3] 23,458 [3]
Gross Unrealized Gains 394 [3] 588 [3]
Gross Unrealized Losses (507) [3] (929) [3]
Fair Value 17,594 [3] 23,117 [3]
Non-agency commercial [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 5,968 6,167
Gross Unrealized Gains 634 686
Gross Unrealized Losses (3) (1)
Fair Value 6,599 6,852
Non-U.S. securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 4,914 4,054
Gross Unrealized Gains 61 92
Gross Unrealized Losses (12) (7)
Fair Value 4,963 4,139
Corporate/Agency bonds [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 3,982 5,157
Gross Unrealized Gains 149 144
Gross Unrealized Losses (15) (10)
Fair Value 4,116 5,291
Other Taxable Securities, Debt [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 12,444 15,514
Gross Unrealized Gains 51 39
Gross Unrealized Losses (27) (161)
Fair Value 12,468 15,392
Total taxable securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 312,125 330,811
Gross Unrealized Gains 8,425 5,602
Gross Unrealized Losses (1,462) (4,283)
Fair Value 319,088 332,130
Tax-exempt securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 5,299 5,687
Gross Unrealized Gains 16 32
Gross Unrealized Losses (136) (222)
Fair Value 5,179 5,497
Debt [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Gross Unrealized Gains 8,441 5,634
Gross Unrealized Losses (1,598) (4,505)
Equity Securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Gross Unrealized Gains 2,715 [4] 10,628 [4]
Gross Unrealized Losses (25) [4] (13) [4]
Amortized Cost 3,880 [4] 8,650 [4]
Fair Value 6,570 19,265 [4]
Government National Mortgage Association Certificates and Obligations (GNMA) [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 92,696 72,863
Fair Value 95,944 74,305
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 112,836 123,662
Fair Value 115,155 123,107
US Treasury Securities [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 56,480 46,576
Fair Value 56,391 46,081
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
    
Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities    
Amortized Cost 27,822 30,523
Fair Value $ 28,366 $ 30,822
[1] At September 30, 2011, the amortized cost of approximately 4,500 AFS securities exceeded their fair value by $1.6 billion. At December 31, 2010, the amortized cost of approximately 8,500 AFS securities exceeded their fair value by $4.5 billion.
[2] Includes AFS debt securities on which OTTI losses were recognized and a portion of the OTTI loss was recorded as a credit loss in earnings and a portion as an unrealized loss in OCI.
[3] At September 30, 2011, includes approximately 89 percent prime bonds, nine percent Alt-A bonds and two percent subprime bonds. At December 31, 2010, includes approximately 90 percent prime bonds, eight percent Alt-A bonds and two percent subprime bonds.
[4] Classified in other assets on the Corporation’s Consolidated Balance Sheet.