XML 41 R121.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVES ACTIVITIES (Details 3) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Pretax change in accumulated other comprehensive income (loss)        
Cash flow hedges expected to be reclassified within 12 months     $ (300,000,000)  
Maximum length of time hedged in cash flow hedge     10 years  
Other revenue
       
Derivative gain (loss)        
Gains (losses) recognized in Other revenue related to derivatives not designated in a qualifying hedging relationship (1,750,000,000) 676,000,000 (1,817,000,000) (647,000,000)
Gain (loss) on fair value hedges        
Gain (loss) on the derivatives in designated and qualifying fair value hedges 497,000,000 [1] 246,000,000 [1] 1,332,000,000 [1] (2,498,000,000) [1]
Gain (loss) on the hedged item in designated and qualifying fair value hedges (438,000,000) [1] (245,000,000) [1] (1,354,000,000) [1] 2,525,000,000 [1]
Hedge ineffectiveness recognized in earnings on designated and qualifying fair value hedges 33,000,000 [1] (44,000,000) [1] (13,000,000) [1] (73,000,000) [1]
Net gain (loss) excluded from assessment of the effectiveness of fair value hedges 26,000,000 [1] 45,000,000 [1] (9,000,000) [1] 100,000,000 [1]
Interest rate contracts | Other revenue
       
Derivative gain (loss)        
Gains (losses) recognized in Other revenue related to derivatives not designated in a qualifying hedging relationship 25,000,000 5,000,000 146,000,000 (245,000,000)
Gain (loss) on fair value hedges        
Gain (loss) on the derivatives in designated and qualifying fair value hedges (330,000,000) [1] (97,000,000) [1] 278,000,000 [1] (2,588,000,000) [1]
Gain (loss) on the hedged item in designated and qualifying fair value hedges 371,000,000 [1] 51,000,000 [1] (283,000,000) [1] 2,519,000,000 [1]
Hedge ineffectiveness recognized in earnings on designated and qualifying fair value hedges 44,000,000 [1] (46,000,000) [1] (2,000,000) [1] (69,000,000) [1]
Net gain (loss) excluded from assessment of the effectiveness of fair value hedges (3,000,000) [1]   (3,000,000) [1]  
Foreign exchange contracts | Other revenue
       
Derivative gain (loss)        
Gains (losses) recognized in Other revenue related to derivatives not designated in a qualifying hedging relationship (1,812,000,000) 867,000,000 (1,772,000,000) (35,000,000)
Gain (loss) on fair value hedges        
Gain (loss) on the derivatives in designated and qualifying fair value hedges 780,000,000 [1] 343,000,000 [1] 1,110,000,000 [1] 90,000,000 [1]
Gain (loss) on the hedged item in designated and qualifying fair value hedges (789,000,000) [1] (296,000,000) [1] (1,157,000,000) [1] 6,000,000 [1]
Hedge ineffectiveness recognized in earnings on designated and qualifying fair value hedges (11,000,000) [1] 2,000,000 [1] (11,000,000) [1] (4,000,000) [1]
Net gain (loss) excluded from assessment of the effectiveness of fair value hedges 2,000,000 [1],[2] 45,000,000 [1],[2] (36,000,000) [1],[2] 100,000,000 [1],[2]
Commodity and other contract options | Other revenue
       
Gain (loss) on fair value hedges        
Gain (loss) on the derivatives in designated and qualifying fair value hedges 47,000,000 [1]   (56,000,000) [1]  
Gain (loss) on the hedged item in designated and qualifying fair value hedges (20,000,000) [1]   86,000,000 [1]  
Net gain (loss) excluded from assessment of the effectiveness of fair value hedges 27,000,000 [1],[2]   30,000,000 [1],[2]  
Credit derivatives | Other revenue
       
Derivative gain (loss)        
Gains (losses) recognized in Other revenue related to derivatives not designated in a qualifying hedging relationship 37,000,000 (196,000,000) (191,000,000) (367,000,000)
Cash Flow Hedges
       
Pretax change in accumulated other comprehensive income (loss)        
Effective portion of cash flow hedges included in AOCI (69,000,000) 265,000,000 99,000,000 799,000,000
Effective portion of cash flow hedges reclassified from AOCI to earnings (114,000,000) [3] (249,000,000) [3] (332,000,000) [3] (720,000,000) [3]
Cash Flow Hedges | Interest rate contracts
       
Pretax change in accumulated other comprehensive income (loss)        
Effective portion of cash flow hedges included in AOCI (70,000,000) 230,000,000 153,000,000 748,000,000
Effective portion of cash flow hedges reclassified from AOCI to earnings (84,000,000) (211,000,000) (218,000,000) (596,000,000)
Cash Flow Hedges | Foreign exchange contracts
       
Pretax change in accumulated other comprehensive income (loss)        
Effective portion of cash flow hedges included in AOCI 1,000,000 34,000,000 (56,000,000) 37,000,000
Effective portion of cash flow hedges reclassified from AOCI to earnings (30,000,000) (38,000,000) (114,000,000) (124,000,000)
Cash Flow Hedges | Credit derivatives
       
Pretax change in accumulated other comprehensive income (loss)        
Effective portion of cash flow hedges included in AOCI   1,000,000 2,000,000 14,000,000
Net Investment Hedges
       
Pretax change in accumulated other comprehensive income (loss)        
Effective portion of cash flow hedges included in AOCI 2,020,000,000 (534,000,000) 402,000,000 1,788,000,000
Net investment hedge ineffectiveness recorded in earnings     $ 0  
[1] Amounts are included in Other revenue on the Consolidated Statement of Income. The accrued interest income on fair value hedges is recorded in Net interest revenue and is excluded from this table.
[2] Amounts relate to the premium associated with forward contracts (differential between spot and contractual forward rates). These amounts are excluded from the assessment of hedge effectiveness and are reflected directly in earnings.
[3] Included primarily in Other revenue and Net interest revenue on the Consolidated Income Statement.