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Preferred Stock (Tables) (Preferred Stock)
12 Months Ended
Dec. 31, 2014
Preferred Stock
 
Class of Stock [Line Items]  
Schedule of stock by class
The following is a summary of JPMorgan Chase’s non-cumulative preferred stock outstanding as of December 31, 2014 and 2013.
 
 
Shares at December 31, (represented by
depositary shares)
(a)
 
Carrying value
(in millions)
at December 31,
 
Issue date
Contractual rate
in effect at
December 31,
2014
Earliest redemption date
Date at which dividend rate becomes floating
Floating annual
rate of
three-month LIBOR plus:
 
 
 
2014
2013
2014
2013
 
Fixed-rate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Series O
125,750

125,750

 
$
1,258

$
1,258

 
8/27/2012
5.500
%
9/1/2017
NA
NA
 
 
Series P
90,000

90,000

 
900

900

 
2/5/2013
5.450

3/1/2018
NA
NA
 
 
Series T
92,500


 
925


 
1/30/2014
6.700

3/1/2019
NA
NA
 
 
Series W
88,000


 
880


 
6/23/2014
6.300

9/1/2019
NA
NA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed-to-floating rate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Series I
600,000

600,000

 
6,000

6,000

 
4/23/2008
7.900
%
4/30/2018
4/30/2018
LIBOR + 3.47
%
 
Series Q
150,000

150,000

 
1,500

1,500

 
4/23/2013
5.150

5/1/2023
5/1/2023
LIBOR + 3.25
 
 
Series R
150,000

150,000

 
1,500

1,500

 
7/29/2013
6.000

8/1/2023
8/1/2023
LIBOR + 3.30
 
 
Series S
200,000


 
2,000


 
1/22/2014
6.750

2/1/2024
2/1/2024
LIBOR + 3.78
 
 
Series U
100,000


 
1,000


 
3/10/2014
6.125

4/30/2024
4/30/2024
LIBOR + 3.33
 
 
Series V
250,000


 
2,500


 
6/9/2014
5.000

7/1/2019
7/1/2019
LIBOR + 3.32
 
 
Series X
160,000


 
1,600


 
9/23/2014
6.100

10/1/2024
10/1/2024
LIBOR + 3.33
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total preferred stock
2,006,250

1,115,750

 
$
20,063

$
11,158

 
 
 
 
 
 
 
(a)
Represented by depositary shares.