Derivative Instruments And Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Amounts Of Derivative Instruments Reported On Our Condensed Consolidated Balance Sheet [Table Text Block]

The following table summarizes the fair value amounts of derivative instruments reported on our Condensed Consolidated Balance Sheet. The fair value amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories. At March 31, 2013 and December 31, 2012, $668 million and $2.3 billion, respectively, of the derivative contracts in a receivable position were classified as other assets on the Condensed Consolidated Balance Sheet. At March 31, 2013 and December 31, 2012, $406 million and $2.5 billion of derivative contracts in a liability position were classified as accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet.

	March 31, 2013						December 31, 2012
	Derivative contracts in a				Notional amount		Derivative contracts in a				Notional amount
($ in millions)	receivable position (a)		payable position (b)				receivable position (a)		payable position (b)
Derivatives qualifying for hedge accounting
Interest rate risk
Fair value accounting hedges	$	279	$	—	$	6,910	$	411	$	—	$	7,248
Cash flow accounting hedges	—		1		1,874		—		10		2,580
Total interest rate risk	279		1		8,784		411		10		9,828
Foreign exchange risk
Net investment accounting hedges	21		21		9,737		35		53		8,693
Total derivatives qualifying for hedge accounting	300		22		18,521		446		63		18,521
Economic hedges and trading derivatives
Interest rate risk
MSRs	158		329		7,401		1,616		2,299		146,405
Mortgage loan commitments and mortgage loans held-for-sale	10		5		2,238		49		23		9,617
Debt	28		20		12,150		28		29		17,716
Other (c)	141		28		54,896		154		27		41,514
Total interest rate risk	337		382		76,685		1,847		2,378		215,252
Foreign exchange risk	31		2		2,629		5		27		2,464
Total economic hedges and trading derivatives	368		384		79,314		1,852		2,405		217,716
Total derivatives	$	668	$	406	$	97,835	$	2,298	$	2,468	$	236,237

(a) Includes accrued interest of $127 million and $175 million at March 31, 2013 and December 31, 2012, respectively.

(b) Includes accrued interest of $16 million and $144 million at March 31, 2013 and December 31, 2012, respectively.

(c) Primarily consists of exchange-traded Eurodollar futures.

Gains and Losses on Derivative Instruments Reported in Statement of Comprehensive Income [Table Text Block]

The following table summarizes the location and amounts of gains and losses on derivative instruments reported in our Condensed Consolidated Statement of Comprehensive Income.

	Three months ended March 31,
($ in millions)	2013			2012
Derivatives qualifying for hedge accounting
Loss recognized in earnings on derivatives (a)
Interest rate contracts
Interest on long-term debt	$	(98	)	$	(69	)
Gain recognized in earnings on hedged items (b)
Interest rate contracts
Interest on long-term debt	101			51
Total derivatives qualifying for hedge accounting	3			(18		)
Economic and trading derivatives
(Loss) gain recognized in earnings on derivatives
Interest rate contracts
Servicing asset valuation and hedge activities, net	(112		)	(96		)
(Loss) gain on mortgage and automotive loans, net	(32		)	83
Other income, net of losses	(1		)	18
Total interest rate contracts	(145		)	5
Foreign exchange contracts (c)
Interest on long-term debt	39			(9		)
Other income, net of losses	28			(25		)
Total foreign exchange contracts	67			(34		)
Loss recognized in earnings on derivatives	$	(75	)	$	(47	)

(a) Amounts exclude gains related to interest for qualifying accounting hedges of debt, which are primarily offset by the fixed coupon payment on the long-term debt. The gains were $33 million and $26 million for the three months endedMarch 31, 2013 and 2012, respectively.

(b) Amounts exclude gains related to amortization of deferred basis adjustments on the hedged items. The gains were $38 million and $60 million for the three months endedMarch 31, 2013 and 2012, respectively.

(c) Amounts exclude gains and losses related to the revaluation of the related foreign-denominated debt or receivable. Losses of $65 million and gains of $31 million were recognized for the three months endedMarch 31, 2013 and 2012, respectively.

Derivative Instruments Used In Cash Flow and Net Investment Hedge Accounting Relationships [Table Text Block]

The following table summarizes derivative instruments used in cash flow and net investment hedge accounting relationships.

	Three months ended March 31,
($ in millions)	2013			2012
Cash flow hedges
Interest rate contracts
Loss reclassified from accumulated other comprehensive income to interest on long-term debt (a)	$	(7	)	$	—
Loss recorded directly to interest on long-term debt	—			(5		)
Total interest on long-term debt	$	(7	)	$	(5	)
Gain (loss) recognized in other comprehensive income	$	7		$	(3	)
Net investment hedges
Foreign exchange contracts
Loss reclassified from accumulated other comprehensive income (loss) to discontinued operations, net	$	(149	)	$	—
Total other income, net of losses	$	(149	)	$	—
Gain (loss) recognized in other comprehensive income (b)	$	169		$	(203	)

(a) The amount represents losses reclassified from other comprehensive income (OCI) into earnings as a result of the discontinuance of hedge accounting because it is probable that the forecasted transaction will not occur.

(b) The amounts represent the effective portion of net investment hedges. There are offsetting amounts recognized in accumulated other comprehensive income related to the revaluation of the related net investment in foreign operations. There were losses of $519 million and gains of $300 million for the three months endedMarch 31, 2013 and 2012, respectively.