XML 29 R108.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Fair Value, Assets and Liabilities Measured on Recurring Basis Level 3 Reconciliation (Details) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Available for sale Securities [Member]
       
Assets:        
Balance, beginning of period $ 21,208 $ 21,076 $ 21,958 $ 22,773
Net income 195 82 310 177
Net gains included in other comprehensive income (28) 160 295 236
Purchases, sales, issuances and settlements, net 2,066 810 855 2,399
Transfers into Level 3 43 337 109 1,618
Transfers out of Level 3 (566) (696) (609) (5,434)
Balance, end of period 22,918 21,769 22,918 21,769
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (23) (4) (25) (21)
Available for sale Securities [Member] | Debt Securities [Member]
       
Assets:        
Balance, beginning of period 19,184 18,097 19,492 20,380
Net income 124 24 171 111
Net gains included in other comprehensive income (21) 174 296 262
Purchases, sales, issuances and settlements, net 2,573 1,176 1,878 2,140
Transfers into Level 3 43 337 109 1,618
Transfers out of Level 3 (566) (684) (609) (5,387)
Balance, end of period 21,337 19,124 21,337 19,124
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (23) (4) (25) (21)
Available for sale Securities [Member] | US States and Political Subdivisions [Member]
       
Assets:        
Balance, beginning of period 5,030 2,871 4,564 818
Net income 3 3 5 4
Net gains included in other comprehensive income (20) 32 49 94
Purchases, sales, issuances and settlements, net 1,682 (170) 2,077 1,798
Transfers into Level 3 0 0 0 28
Transfers out of Level 3 0 0 0 (6)
Balance, end of period 6,695 2,736 6,695 2,736
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (9) 4 (7) 4
Available for sale Securities [Member] | Mortgage Backed Securities [Member]
       
Assets:        
Balance, beginning of period 291 909 237 2,883
Net income 1 (17) (7) (24)
Net gains included in other comprehensive income (10) 346 59 358
Purchases, sales, issuances and settlements, net 12 18 16 (21)
Transfers into Level 3 1 210 7 453
Transfers out of Level 3 (7) (216) (24) (2,399)
Balance, end of period 288 1,250 288 1,250
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (5) 0 (8) (8)
Available for sale Securities [Member] | Residential [Member]
       
Assets:        
Balance, beginning of period 10 406 20 1,084
Net income (3) 0 (3) (7)
Net gains included in other comprehensive income 2 (22) 1 (15)
Purchases, sales, issuances and settlements, net (1) 26 1 (14)
Transfers into Level 3 1 82 7 266
Transfers out of Level 3 (3) (139) (20) (961)
Balance, end of period 6 353 6 353
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (3) 0 (4) (4)
Available for sale Securities [Member] | Commercial [Member]
       
Assets:        
Balance, beginning of period 281 503 217 1,799
Net income 4 (17) (4) (17)
Net gains included in other comprehensive income (12) 368 58 373
Purchases, sales, issuances and settlements, net 13 (8) 15 (7)
Transfers into Level 3 0 128 0 187
Transfers out of Level 3 (4) (77) (4) (1,438)
Balance, end of period 282 897 282 897
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (2) 0 (4) (4)
Available for sale Securities [Member] | Collateralized debt obligations [Member]
       
Assets:        
Balance, beginning of period 5,616 3,851 4,778 3,725
Net income 84 40 137 79
Net gains included in other comprehensive income (12) (114) 141 (38)
Purchases, sales, issuances and settlements, net 1,536 254 2,168 477
Transfers into Level 3 8 0 8 0
Transfers out of Level 3 0 0 0 (212)
Balance, end of period 7,232 4,031 7,232 4,031
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 (5) 0 (10)
Available for sale Securities [Member] | Corporate debt securities [Member]
       
Assets:        
Balance, beginning of period 494 503 433 367
Net income 37 3 39 4
Net gains included in other comprehensive income 29 (2) 38 42
Purchases, sales, issuances and settlements, net (48) (44) 1 (50)
Transfers into Level 3 5 28 6 166
Transfers out of Level 3 0 (108) 0 (149)
Balance, end of period 517 380 517 380
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Available for sale Securities [Member] | Total asset-backed securities [Member]
       
Assets:        
Balance, beginning of period 7,753 9,884 9,395 12,510
Net income (1) (5) (3) 48
Net gains included in other comprehensive income (8) (90) 9 (193)
Purchases, sales, issuances and settlements, net (609) 1,111 (2,299) (76)
Transfers into Level 3 29 99 88 971
Transfers out of Level 3 (559) (360) (585) (2,621)
Balance, end of period 6,605 10,639 6,605 10,639
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (9) (3) (10) (7)
Available for sale Securities [Member] | Auto loans and leases [Member]
       
Assets:        
Balance, beginning of period 4,244 7,587 6,133 8,525
Net income 1 0 2 0
Net gains included in other comprehensive income 4 (56) (35) (123)
Purchases, sales, issuances and settlements, net (349) (428) (2,200) (1,477)
Transfers into Level 3 0 1 0 179
Transfers out of Level 3 0 0 0 0
Balance, end of period 3,900 7,104 3,900 7,104
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Available for sale Securities [Member] | Home Equity Loans [Member]
       
Assets:        
Balance, beginning of period 98 107 112 1,677
Net income (5) 1 (3) 0
Net gains included in other comprehensive income (5) 5 (4) 12
Purchases, sales, issuances and settlements, net (1) (1) (2) (2)
Transfers into Level 3 29 98 39 113
Transfers out of Level 3 (40) (16) (66) (1,606)
Balance, end of period 76 194 76 194
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (9) (2) (10) (5)
Available for sale Securities [Member] | Other asset-backed securities [Member]
       
Assets:        
Balance, beginning of period 3,411 2,190 3,150 2,308
Net income 3 (6) (2) 48
Net gains included in other comprehensive income (7) (39) 48 (82)
Purchases, sales, issuances and settlements, net (259) 1,540 (97) 1,403
Transfers into Level 3 0 0 49 679
Transfers out of Level 3 (519) (344) (519) (1,015)
Balance, end of period 2,629 3,341 2,629 3,341
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 (1) 0 (2)
Available for sale Securities [Member] | Other Debt Securities, Excluding Asset Backed Securities [Member]
       
Assets:        
Balance, beginning of period   79 85 77
Net income   0 0 0
Net gains included in other comprehensive income   2 0 (1)
Purchases, sales, issuances and settlements, net   7 (85) 12
Transfers into Level 3   0 0 0
Transfers out of Level 3   0 0 0
Balance, end of period 0 88 0 88
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end   0 0 0
Available for sale Securities [Member] | Equity Securities [Member]
       
Assets:        
Balance, beginning of period 2,024 2,979 2,466 2,393
Net income 71 58 139 66
Net gains included in other comprehensive income (7) (14) (1) (26)
Purchases, sales, issuances and settlements, net (507) (366) (1,023) 259
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 (12) 0 (47)
Balance, end of period 1,581 2,645 1,581 2,645
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Available for sale Securities [Member] | Perpetual preferred securities [Member]
       
Assets:        
Balance, beginning of period 1,989 2,967 2,434 2,305
Net income 71 58 139 66
Net gains included in other comprehensive income (8) (14) (2) (26)
Purchases, sales, issuances and settlements, net (507) (381) (1,026) 297
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 (1) 0 (13)
Balance, end of period 1,545 2,629 1,545 2,629
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Available for sale Securities [Member] | Other equity securities [Member]
       
Assets:        
Balance, beginning of period 35 12 32 88
Net income 0 0 0 0
Net gains included in other comprehensive income 1 0 1 0
Purchases, sales, issuances and settlements, net 0 15 3 (38)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 (11) 0 (34)
Balance, end of period 36 16 36 16
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Trading Securities [Member]
       
Assets:        
Balance, beginning of period 2,565 2,634 2,603 2,040
Net income 22 63 48 438
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (114) (232) (110) 163
Transfers into Level 3 3 0 46 21
Transfers out of Level 3 (29) (139) (140) (336)
Balance, end of period 2,447 2,326 2,447 2,326
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (3) 34 1 58
Trading Securities [Member] | US States and Political Subdivisions [Member]
       
Assets:        
Balance, beginning of period 130 12 5 5
Net income 3 5 5 7
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 2 (5) 87 (9)
Transfers into Level 3 0 0 38 9
Transfers out of Level 3 0 0 0 0
Balance, end of period 135 12 135 12
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 6 1 7
Trading Securities [Member] | Mortgage Backed Securities [Member]
       
Assets:        
Balance, beginning of period 144 141 117 146
Net income 0 7 5 9
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 83 (37) 101 79
Transfers into Level 3 3 0 7 0
Transfers out of Level 3 (7) 0 (7) (123)
Balance, end of period 223 111 223 111
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 2 0 2
Trading Securities [Member] | Collateralized debt obligations [Member]
       
Assets:        
Balance, beginning of period 1,910 1,889 1,915 1,133
Net income (10) 31 3 382
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (88) (153) (105) 252
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 (11) 0 (12) 0
Balance, end of period 1,801 1,767 1,801 1,767
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (33) 2 (37) 16
Trading Securities [Member] | Corporate debt securities [Member]
       
Assets:        
Balance, beginning of period 97 276 166 223
Net income 1 6 (1) 13
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 5 22 (62) 62
Transfers into Level 3 0 0 0 9
Transfers out of Level 3 0 (139) 0 (142)
Balance, end of period 103 165 103 165
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 1 22 1 23
Trading Securities [Member] | Total asset-backed securities [Member]
       
Assets:        
Balance, beginning of period 252 249 366 497
Net income 27 13 36 25
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (87) (43) (100) (233)
Transfers into Level 3 0 0 0 1
Transfers out of Level 3 (11) 0 (121) (71)
Balance, end of period 181 219 181 219
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 30 2 39 10
Trading Securities [Member] | Equity Securities [Member]
       
Assets:        
Balance, beginning of period 32 67 34 36
Net income 1 1 0 2
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (29) (16) (31) 12
Transfers into Level 3 0 0 1 2
Transfers out of Level 3 0 0 0 0
Balance, end of period 4 52 4 52
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (1) 0 (3) 0
Trading assets (excluding derivatives) [Member]
       
Assets:        
Balance, beginning of period 2,709 2,808 2,739 2,311
Net income 23 42 55 402
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (115) (236) (109) 159
Transfers into Level 3 3 0 46 21
Transfers out of Level 3 (29) (139) (140) (418)
Balance, end of period 2,591 2,475 2,591 2,475
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 6 40 27 47
Trading assets (excluding derivatives) [Member] | Other Trading Assets [Member]
       
Assets:        
Balance, beginning of period 144 174 136 271
Net income 1 (21) 7 (36)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (1) (4) 1 (4)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (82)
Balance, end of period 144 149 144 149
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 9 6 26 (11)
Mortgages held for sale [Member]
       
Assets:        
Balance, beginning of period 3,314 3,338 3,305 3,523
Net income 41 (17) 9 (15)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 4 (89) 46 (251)
Transfers into Level 3 77 104 149 203
Transfers out of Level 3 (76) (76) (149) (200)
Balance, end of period 3,360 3,260 3,360 3,260
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 40 (16) 13 (17)
Loans [Member]
       
Assets:        
Balance, beginning of period 98 371 309 0
Net income 3 8 13 52
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (101) (12) (322) (51)
Transfers into Level 3 0 0 0 366
Transfers out of Level 3 0 0 0 0
Balance, end of period 0 367 0 367
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 7 0 52
Mortgage servicing rights [Member]
       
Assets:        
Balance, beginning of period 15,648 15,544 14,467 16,004
Net income (1,610) (3,237) (1,691) (4,633)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 740 944 2,002 1,998
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (118)
Balance, end of period 14,778 13,251 14,778 13,251
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (1,075) (2,661) (576) (3,438)
Foreign Exchange Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year 23 4 9 (1)
Net income 6 (8) 27 (3)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (4) 2 (11) 2
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 25 (2) 25 (2)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 2 0 12 0
Interest Rate Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year 299 257 77 (114)
Net income 884 1,685 1,290 2,673
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (944) (1,299) (1,129) (1,916)
Transfers into Level 3 0 0 1 0
Transfers out of Level 3 1 0 1 0
Balance, end of period 240 643 240 643
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (147) 407 (197) 426
Equity Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year (225) (281) (225) (344)
Net income 46 (87) 46 (7)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 5 122 11 142
Transfers into Level 3 (4) 30 (4) 2
Transfers out of Level 3 (8) (16) (14) (25)
Balance, end of period (186) (232) (186) (232)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 6 0 35 29
Commodity Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year (3)   (1)  
Net income 0   0  
Net gains included in other comprehensive income 0   0  
Purchases, sales, issuances and settlements, net 0   1  
Transfers into Level 3 0   (3)  
Transfers out of Level 3 1   1  
Balance, end of period (2)   (2)  
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0   0  
Credit Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year (1,151) (758) (1,017) (330)
Net income 128 (202) 42 (692)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (80) (33) (128) 23
Transfers into Level 3 0 0 0 6
Transfers out of Level 3 (2) 0 (2) 0
Balance, end of period (1,105) (993) (1,105) (993)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (70) (178) (99) (671)
Other Contract [Member] | Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year (18) (30) (35) (43)
Net income (16) (78) 1 (65)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 1 5 1 5
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period (33) (103) (33) (103)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 0 0 0 0
Derivatives [Member]
       
Assets and Liabilities:        
Balance, beginning of year (1,075) (808) (1,192) (832)
Net income 1,048 1,310 1,406 1,906
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (1,022) (1,203) (1,255) (1,744)
Transfers into Level 3 (4) 30 6 8
Transfers out of Level 3 (8) (16) (14) (25)
Balance, end of period (1,061) (687) (1,061) (687)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end (209) 229 (249) (216)
Other Assets [Member]
       
Assets:        
Balance, beginning of period 311 377 314 1,373
Net income 6 2 8 25
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net (17) (19) (22) (49)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (989)
Balance, end of period 300 360 300 360
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 8 (6) 9 (12)
Short sale liabilities (corporate debt securities) [Member]
       
Liabilities:        
Balance, beginning of period (106) (65) 0 (26)
Net income 0 1 1 (1)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 106 (5) (1) (42)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 65 0 65
Balance, end of period 0 (4) 0 (4)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end 3 0 1 0
Other Liabilities Excluding Derivatives And Short Sale Liabilities [Member]
       
Liabilities:        
Balance, beginning of period (136) (376) (344) (10)
Net income 0 (18) (9) (54)
Net gains included in other comprehensive income 0 0 0 0
Purchases, sales, issuances and settlements, net 99 6 316 35
Transfers into Level 3 0 0 0 (359)
Transfers out of Level 3 0 0 0 0
Balance, end of period (37) (388) (37) (388)
Net unrealized gains (losses) included in net income related to assets and liabilities held at period end $ 0 $ (18) $ 0 $ (55)