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
Mar. 31, 2013
Dec. 31, 2012
Fair Value, Option, Quantitative Disclosures [Line Items]    
Other Assets, Fair Value Disclosure $ 23,243 $ 26,490
Loans reported as trading account assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,182 [1] 1,663 [1]
Contractual Principal Outstanding 3,490 [1] 2,879 [1]
Fair Value Carrying Amount Less Unpaid Principal (1,308) [1] (1,216) [1]
Trading Inventory - Other [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,451 2,170
Consumer and commercial loans [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 8,820 9,002
Contractual Principal Outstanding 9,184 9,576
Fair Value Carrying Amount Less Unpaid Principal (364) (574)
Loans held-for-sale [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 13,887 11,659
Contractual Principal Outstanding 14,575 12,676
Fair Value Carrying Amount Less Unpaid Principal (688) (1,017)
Securities financing agreements [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 142,515 141,309
Contractual Principal Outstanding 142,059 140,791
Fair Value Carrying Amount Less Unpaid Principal 456 518
Other assets [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 449 453
Contractual Principal Outstanding 270 270
Fair Value Carrying Amount Less Unpaid Principal 179 183
Long-term deposits [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,130 2,262
Contractual Principal Outstanding 1,931 2,046
Fair Value Carrying Amount Less Unpaid Principal 199 216
Asset-backed secured financings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 767 741
Contractual Principal Outstanding 1,152 1,176
Fair Value Carrying Amount Less Unpaid Principal (385) (435)
Unfunded loan commitments [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 468 528
Other short-term borrowings [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 2,401 3,333
Contractual Principal Outstanding 2,401 3,333
Fair Value Carrying Amount Less Unpaid Principal    0
Accrued expenses and other liabilities [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 443 0
Contractual Principal Outstanding 443 0
Fair Value Carrying Amount Less Unpaid Principal    0
Long-term debt [Member]
    
Fair Value Option Elections    
Fair Value Carrying Amount 52,361 [2] 49,161 [2]
Contractual Principal Outstanding 52,535 [2] 50,792 [2]
Fair Value Carrying Amount Less Unpaid Principal (174) [2] (1,631) [2]
Fair Value, Measurements, Recurring [Member]
    
Fair Value, Option, Quantitative Disclosures [Line Items]    
Other Assets, Fair Value Disclosure 23,243 26,490
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
    
Fair Value, Option, Quantitative Disclosures [Line Items]    
Other Assets, Fair Value Disclosure 2,629 3,129
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Private Equity Investments and Funds [Member]
    
Fair Value, Option, Quantitative Disclosures [Line Items]    
Other Assets, Fair Value Disclosure $ 1,200 $ 1,200
[1] A significant portion of the loans reported as trading account assets are distressed loans which trade and were purchased at a deep discount to par, and the remainder are loans with a fair value near contractual principal outstanding.
[2] The majority of the difference between the fair value carrying amount and contractual principal outstanding at March 31, 2013 and December 31, 2012 relates to the impact of the Corporation's credit spreads as well as the fair value of the embedded derivative, where applicable.