Derivative Instruments and Other Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Notional Amounts, Balance Sheet Location and Fair Value Amounts of Derivative Instruments

	June 30, 2013
			Asset Derivatives			Liability Derivatives
(Dollars in millions)	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as other than trading
Designated as hedging instruments:
Interest rate contracts	$	2,000	Other assets	$	1	Other liabilities	$	7
Not designated as hedging instruments:
Other contracts	$	176	Other assets	$	2	Other liabilities	$	5
Total derivatives designated as other than trading	$	2,176		$	3		$	12
Trading derivatives:
Interest rate contracts	$	43,941	Trading account assets	$	793	Trading account liabilities	$	697
Commodity contracts		6,249	Trading account assets		118	Trading account liabilities		106
Foreign exchange contracts		4,597	Trading account assets		63	Trading account liabilities		28
Equity contracts		3,746	Trading account assets		167	Trading account liabilities		168
Total trading derivatives	$	58,533		$	1,141		$	999
Total derivative instruments	$	60,709		$	1,144		$	1,011

	December 31, 2012
			Asset Derivatives			Liability Derivatives
(Dollars in millions)	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as other than trading
Designated as hedging instruments:
Interest rate contracts	$	8,400	Other assets	$	28	Other liabilities	$	—
Not designated as hedging instruments:
Other contracts	$	109	Other assets	$	1	Other liabilities	$	3
Total derivatives designated as other than trading	$	8,509		$	29		$	3
Trading derivatives:
Interest rate contracts	$	37,790	Trading account assets	$	1,075	Trading account liabilities	$	1,009
Commodity contracts		5,595	Trading account assets		167	Trading account liabilities		140
Foreign exchange contracts		4,593	Trading account assets		69	Trading account liabilities		65
Equity contracts		3,631	Trading account assets		103	Trading account liabilities		103
Total trading derivatives	$	51,609		$	1,414		$	1,317
Total derivative instruments	$	60,118		$	1,443		$	1,320

Schedule of Derivatives Designated as Cash Flow Hedges

	Amount of Gain or (Loss) Recognized in OCI on Derivative Instruments (Effective Portion)				Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Gain or (Loss) Recognized in Income on Derivative Instruments (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	For the Three Months Ended June 30,					For the Three Months Ended June 30,							For the Three Months Ended June 30,
(Dollars in millions)	2013		2012		Location	2013			2012			Location	2013		2012
Derivatives in cash flow hedging relationships
					Interest income		8			4
Interest rate contracts	$	3	$	28	Interest expense	$	(1	)	$	(1	)	Noninterest expense(1)	$	—	$	—
Total	$	3	$	28		$	7		$	3			$	—	$	—

	Amount of Gain or (Loss) Recognized in OCI on Derivative Instruments (Effective Portion)				Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Gain or (Loss) Recognized in Income on Derivative Instruments (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	For the Six Months Ended June 30,					For the Six Months Ended June 30,							For the Six Months Ended June 30,
(Dollars in millions)	2013		2012		Location	2013			2012			Location	2013		2012
Derivatives in cash flow hedging relationships
					Interest income		15			6
Interest rate contracts	$	9	$	38	Interest expense	$	(1	)	$	(1	)	Noninterest expense(1)	$	—	$	—
Total	$	9	$	38		$	14		$	5			$	—	$	—

(1)

Amount recognized was less than $1 million.

Gain or (Loss) Recognized in Income on Derivative Instruments

	Gain or (Loss) Recognized in Income on Derivative Instruments				Gain or (Loss) Recognized in Income on Derivative Instruments
	For the Three Months Ended				For the Six Months Ended
(Dollars in millions)	June 30, 2013		June 30, 2012		June 30, 2013		June 30, 2012
Trading derivatives:
Interest rate contracts	$	10	$	7	$	9	$	21
Equity contracts		3		4		6		9
Foreign exchange contracts		5		6		8		13
Commodity contracts		1		4		—		4
Other contracts		—		—		1		—
Total	$	19	$	21	$	24	$	47

Summary of Offsetting Assets and Liabilities

	June 30, 2013
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative Assets	$	1,144	$	444	$	700	$	62	$	—	$	638
Securities purchased under resale agreements		15		—		15		15		—		—
Total	$	1,159	$	444	$	715	$	77	$	—	$	638
Financial Liabilities:
Derivative Liabilities	$	1,011	$	448	$	563	$	249	$	2	$	312
Securities sold under repurchase agreements		4		—		4		4		—		—
Total	$	1,015	$	448	$	567	$	253	$	2	$	312

	December 31, 2012
							Gross Amounts Not Offset in Balance Sheet
(Dollars in millions)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet		Financial Instruments		Cash Collateral Received/Pledged		Net Amount
Financial Assets:
Derivative Assets	$	1,443	$	370	$	1,073	$	21	$	2	$	1,050
Securities purchased under resale agreements		19		—		19		19		—		—
Total	$	1,462	$	370	$	1,092	$	40	$	2	$	1,050
Financial Liabilities:
Derivative Liabilities	$	1,320	$	449	$	871	$	491	$	121	$	259
Securities sold under repurchase agreements		5		—		5		5		—		—
Total	$	1,325	$	449	$	876	$	496	$	121	$	259