XML 27 R112.htm IDEA: XBRL DOCUMENT v2.4.0.6
FAIR VALUE MEASUREMENT (Details 3) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Mar. 31, 2011
Jun. 30, 2012
Jun. 30, 2011
Total return swaps and other
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Net realized/unrealized gains (losses) included in principal transactions, assets       $ (600,000,000)  
Federal funds sold and securities borrowed or purchased under agreements to resell
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period       0 (1,500,000,000)
Net transfers from Level 3 to Level 2       0 1,400,000,000
Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period (3,400,000,000) (3,800,000,000)   (2,500,000,000) (800,000,000)
Purchases of securities 2,800,000,000     9,800,000,000  
Net settlements 4,800,000,000     11,300,000,000  
Derivatives
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period       (1,400,000,000)  
Net realized/unrealized gains (losses) included in principal transactions, assets       (1,500,000,000)  
Net settlements         (1,200,000,000)
Increase (decrease) in level 3 of credit derivatives       (1,400,000,000) (2,100,000,000)
Losses on bespoke CDO and index CDO positions due to credit spreads widening       300,000,000  
Gains on index positions classified as Level 2       200,000,000  
Investments:
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period (2,600,000,000) (2,700,000,000)   (3,600,000,000) (600,000,000)
Net settlements 0   (800,000,000)    
Mortgage servicing rights
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period (600,000,000)     (500,000,000)  
Net realized/ unrealized gains (losses) included in other revenue, assets (480,000,000)     (293,000,000)  
Net settlements       377,000,000  
Trading Securities and Loans
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Trading securities for which there were a reduced number of contributors to external pricing services 400,000,000     600,000,000  
Long-term debt
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period (600,000,000) (1,500,000,000)   (1,000,000,000) (1,500,000,000)
Net settlements 900,000,000 1,500,000,000   1,300,000,000 1,700,000,000
Issuance, assets 900,000,000     1,200,000,000  
Increase (decrease) in level 3 of Long-term debt due to scheduled termination of a structured transaction (400,000,000) (1,200,000,000)   (400,000,000) (1,200,000,000)
Structured notes
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Net transfers from Level 3 to Level 2 500,000,000     900,000,000  
Mortgage-backed securities | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   2,800,000,000 0  
Mortgage-backed securities | Investments:
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Net transfers from Level 3 to Level 2 0 1,000,000,000      
Prime | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   1,000,000,000 0  
Alt-A | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   1,500,000,000 0  
Subprime | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   200,000,000 0  
Commercial | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   100,000,000 0  
State and municipal securities | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Securities reclassified to Trading 0   900,000,000 0  
Corporate | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Purchases of securities 0 700,000,000   0 2,200,000,000
Securities reclassified to Trading 0   300,000,000 0  
Increase (decrease) in investments due to pay downs and sales 0 (800,000,000)   0 (2,100,000,000)
Asset-backed securities | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Purchases of securities 1,000,000,000 2,400,000,000   3,700,000,000 3,500,000,000
Sales of securities 1,200,000,000     4,300,000,000  
Securities reclassified to Trading 0   200,000,000 0  
Increase (decrease) in investments due to pay downs and sales 0 (2,000,000,000)   0 (3,900,000,000)
Non-marketable equity securities | Investments:
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period 0 (1,300,000,000)   0 1,200,000,000
Purchases of securities       0 3,300,000,000
Net settlements   (800,000,000)     (800,000,000)
Sales of securities 1,500,000,000     1,500,000,000  
Increase (decrease) in investments due to pay downs and sales 0 (300,000,000)      
Increase (decrease) in level 3 of non-marketable equity securities due to sales of investments in private equity and hedge funds         (1,100,000,000)
Reclassification of debt securities from held-to-maturity to trading account assets | Trading account assets
         
Fair Value Asset and Liabilities Measured on Recurring Basis Unobservable Input Changes          
Increase (decrease) in Level 3 asset balance during period       $ 0 $ 4,300,000,000