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Netting Arrangements (Tables)
12 Months Ended
Dec. 31, 2013
Offsetting [Abstract]  
Offsetting [Table Text Block]
The table below displays information related to derivatives and securities purchased under agreements to resell or similar arrangements which are subject to an enforceable master netting arrangement or similar agreement that are either offset or not offset in our consolidated balance sheets as of December 31, 2013 and 2012.
 
 
As of December 31, 2013
 
 
 
 
 
 
 
 
 
Net Amount Presented in the Consolidated Balance Sheets
 
Amounts Not Offset in the Consolidated Balance Sheets
 
 
 
 
 
 
Gross Amount
 
Gross Amount Offset(1)
 
 
Financial Instruments(2)
 
Collateral(3)
 
Net Amount
 
 
(Dollars in millions)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OTC risk management derivatives
 
$
8,491

 
 
 
$
(8,422
)
 
 
 
$
69

 
 
 
$

 
 
 
$
(20
)
 
 
 
$
49

 
Mortgage commitment derivatives
 
265

 
 
 

 
 
 
265

 
 
 
(83
)
 
 
 

 
 
 
182

 
Total derivative assets
 
8,756

 
 
 
(8,422
)
 
 
 
334

(4) 
 
 
(83
)
 
 
 
(20
)
 
 
 
231

 
Securities purchased under agreements to resell or similar arrangements(5)
 
50,565

 
 
 

 
 
 
50,565

 
 
 

 
 
 
(50,565
)
 
 
 

 
Total assets
 
$
59,321

 
 
 
$
(8,422
)
 
 
 
$
50,899

 
 
 
$
(83
)
 
 
 
(50,585
)
 
 
 
$
231

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OTC risk management derivatives
 
$
(9,503
)
 
 
 
$
9,370

 
 
 
$
(133
)
 
 
 
$

 
 
 
$

 
 
 
$
(133
)
 
Mortgage commitment derivatives
 
(214
)
 
 
 

 
 
 
(214
)
 
 
 
83

 
 
 

 
 
 
(131
)
 
Total liabilities
 
$
(9,717
)
 
 
 
$
9,370

 
 
 
$
(347
)
(4 
) 
 
 
$
83

 
 
 
$

 
 
 
$
(264
)
 

 
 
As of December 31, 2012
 
 
 
 
 
 
 
 
 
 
Net Amount Presented in the Consolidated Balance Sheets
 
Amounts Not Offset in the Consolidated Balance Sheets
 
 
 
 
 
 
Gross Amount
 
Gross Amount Offset(1)
 
 
Financial Instruments (2)
 
Collateral(3)
 
Net Amount
 
 
(Dollars in millions)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OTC risk management derivatives
 
$
15,853

 
 
 
$
(15,791
)
 
 
 
$
62

 
 
 
$

 
 
 
$
(48
)
 
 
 
$
14

 
Mortgage commitment derivatives
 
156

 
 
 

 
 
 
156

 
 
 
(92
)
 
 
 
(2
)
 
 
 
62

 
Total derivative assets
 
16,009

 
 
 
(15,791
)
 
 
 
218

(4 
) 
 
 
(92
)
 
 
 
(50
)
 
 
 
76

 
Securities purchased under agreements to resell or similar arrangements(5)
 
45,750

 
 
 

 
 
 
45,750

 
 
 

 
 
 
(45,750
)
 
 
 

 
Total assets
 
$
61,759

 
 
 
$
(15,791
)
 
 
 
$
45,968

 
 
 
$
(92
)
 
 
 
$
(45,800
)
 
 
 
$
76

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OTC risk management derivatives
 
$
(22,204
)
 
 
 
$
22,046

 
 
 
$
(158
)
 
 
 
$

 
 
 
$

 
 
 
$
(158
)
 
Mortgage commitment derivatives
 
(297
)
 
 
 

 
 
 
(297
)
 
 
 
92

 
 
 

 
 
 
(205
)
 
Total liabilities
 
$
(22,501
)
 
 
 
$
22,046

 
 
 
$
(455
)
(4 
) 
 
 
$
92

 
 
 
$

 
 
 
$
(363
)
 
__________
(1) 
Represents the effect of the right to offset under legally enforceable master netting agreements to settle with the same counterparty on a net basis, including cash collateral posted and received and accrued interest.
(2) 
Mortgage commitment derivative amounts reflect where we have recognized both an asset and a liability with the same counterparty under an enforceable master netting arrangement but we have not elected to offset the related amounts in our consolidated balance sheets.
(3) 
Represents collateral posted or received that has neither been recognized nor offset in our consolidated balance sheets. Does not include collateral held in excess of our exposure.
(4) 
Excludes derivative assets of $1.7 billion and $217 million and derivative liabilities of $1.1 billion and $250 million recognized in our consolidated balance sheets as of December 31, 2013 and 2012, respectively, that are not subject to an enforceable master netting arrangement or similar agreement.
(5) 
Includes $11.6 billion and $13.3 billion of securities purchased under agreements to resell or similar arrangements classified as “cash and cash equivalents” in our consolidated balance sheets as of December 31, 2013 and 2012, respectively.