Quarterly report pursuant to Section 13 or 15(d)

Fair Value Option Election (Details)

v2.4.0.6
Fair Value Option Election (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Loans reported as trading account assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount $ 1,395 $ 1,151
Contractual Principal Outstanding 2,345 2,371
Fair Value Carrying Amount Less Unpaid Principal (950) (1,220)
Trading Inventory - Other [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 1,071 1,173
Consumer and commercial loans [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 7,638 8,804
Contractual Principal Outstanding 8,287 10,823
Fair Value Carrying Amount Less Unpaid Principal (649) (2,019)
Loans held-for-sale [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 11,077 7,630
Contractual Principal Outstanding 12,194 9,673
Fair Value Carrying Amount Less Unpaid Principal (1,117) (2,043)
Securities financing agreements [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 158,129 121,688
Contractual Principal Outstanding 157,757 121,092
Fair Value Carrying Amount Less Unpaid Principal 372 596
Other assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 159 251
Long-term deposits [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,449 3,297
Contractual Principal Outstanding 2,202 3,035
Fair Value Carrying Amount Less Unpaid Principal 247 262
Asset-backed secured financings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 687 650
Contractual Principal Outstanding 1,199 1,271
Fair Value Carrying Amount Less Unpaid Principal (512) (621)
Unfunded loan commitments [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 635 1,249
Other short-term borrowings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 3,591 5,908
Contractual Principal Outstanding 3,591 5,909
Fair Value Carrying Amount Less Unpaid Principal    (1)
Long-term debt [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 49,912 [1] 46,239 [1]
Contractual Principal Outstanding 52,841 [1] 55,854 [1]
Fair Value Carrying Amount Less Unpaid Principal $ (2,929) [1] $ (9,615) [1]
[1] The majority of the difference between the fair value carrying amount and contractual principal outstanding at September 30, 2012 and December 31, 2011 relates to the impact of the Corporation's credit spreads as well as the fair value of the embedded derivative, where applicable.