Quarterly report pursuant to Section 13 or 15(d)

Allowance for Credit Losses (Details)

v2.3.0.15
Allowance for Credit Losses (Details) (USD $)
In Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for loan and lease losses, Beginning Balance $ 37,312 $ 45,255 $ 41,885 $ 47,988
Loans and leases charged off 5,948 7,924 19,451 29,731
Recoveries of loans and leases previously charged off (862) (727) (2,672) (2,180)
Net charge-offs (5,086) (7,197) (16,779) (27,551)
Provision for loan and lease losses 3,474 5,395 10,650 23,099
Other (618) [1] 128 (674) [1] 45
Allowance for loan and lease losses, Ending Balance 35,082 43,581 35,082 43,581
Reserve for unfunded lending commitments, Beginning Balance 897 1,413 1,188 1,487
Provision for unfunded lending commitments (67)   (174) 207
Other (40) (120) (224) (400)
Reserve for unfunded lending commitments, Ending Balance 790 1,294 790 1,294
Allowance for credit losses, September 30 35,872 44,875 35,872 44,875
Home Loans [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for loan and lease losses, Beginning Balance 20,953 18,838 19,252 16,329
Loans and leases charged off 2,325 2,140 7,187 8,529
Recoveries of loans and leases previously charged off (220) (91) (585) (262)
Net charge-offs (2,105) (2,049) (6,602) (8,267)
Provision for loan and lease losses 1,958 1,635 8,155 10,267
Other (74) [1] 12 (73) [1] 107
Allowance for loan and lease losses, Ending Balance 20,732 18,436 20,732 18,436
Reserve for unfunded lending commitments, Beginning Balance 0 0 0 0
Provision for unfunded lending commitments 0   0 0
Other 0 0 0 0
Reserve for unfunded lending commitments, Ending Balance 0 0 0 0
Allowance for credit losses, September 30 20,732 18,436 20,732 18,436
Credit Card and Other Consumer [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for loan and lease losses, Beginning Balance 10,931 17,692 15,463 22,243
Loans and leases charged off 2,813 4,593 9,789 16,772
Recoveries of loans and leases previously charged off (443) (536) (1,409) (1,543)
Net charge-offs (2,370) (4,057) (8,380) (15,229)
Provision for loan and lease losses 1,508 3,168 3,016 9,967
Other (544) [1] 122 (574) [1] (56)
Allowance for loan and lease losses, Ending Balance 9,525 16,925 9,525 16,925
Reserve for unfunded lending commitments, Beginning Balance 0 0 0 0
Provision for unfunded lending commitments 0   0 0
Other 0 0 0 0
Reserve for unfunded lending commitments, Ending Balance 0 0 0 0
Allowance for credit losses, September 30 9,525 16,925 9,525 16,925
Commercial [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for loan and lease losses, Beginning Balance 5,428 8,725 7,170 9,416
Loans and leases charged off 810 1,191 2,475 4,430
Recoveries of loans and leases previously charged off (199) (100) (678) (375)
Net charge-offs (611) (1,091) (1,797) (4,055)
Provision for loan and lease losses 8 592 (521) 2,865
Other 0 [1] (6) (27) [1] (6)
Allowance for loan and lease losses, Ending Balance 4,825 8,220 4,825 8,220
Reserve for unfunded lending commitments, Beginning Balance 897 1,413 1,188 1,487
Provision for unfunded lending commitments (67) 1 (174) 207
Other (40) (120) (224) (400)
Reserve for unfunded lending commitments, Ending Balance 790 1,294 790 1,294
Allowance for credit losses, September 30 $ 5,615 $ 9,514 $ 5,615 $ 9,514
[1] Credit card and other consumer includes $463 million of reserves that were transferred to LHFS primarily as a result of the announced agreement to sell the Corporation's Canadian consumer card business.