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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Statement of Other Comprehensive Income [Abstract]      
Net income (loss) $ (1,045) $ 1,018 $ 1,564
Net change in unrealized gains (losses), net of tax as applicable on:      
Securities available-for-sale, not other-than-temporarily impaired 109 786 165
Other-than-temporarily impaired debt securities available-for-sale 0 [1] 1 [1] 55 [1]
Other-than-temporarily impaired securities held-to-maturity 0 [1] 11 [1] 93 [1]
Adjustment to reverse other-than-temporarily impairment on securities held-to-maturity due to deconsolidation of a variable interest entity 0 142 0
Derivatives designated as cash flow hedges 28 (142) 13
Unrecognized actuarial gains, transition obligation and prior service costs relating to pension and postretirement benefits, net of tax 6 (3) (5)
Other comprehensive income, net of tax 143 795 321
Comprehensive income (loss) $ (902) $ 1,813 $ 1,885
[1] During 2012 and 2011, there were no OTTI losses on securities recognized in other revenues and no OTTI losses on securities were recognized in the non-credit component in accumulated other comprehensive income (loss) (“AOCI”), net of tax. During 2010, other-than-temporary impairment OTTI losses on securities available-for-sale and held-to-maturity totaling $79 million were recognized in other revenues and losses in the non-credit component recognized in AOCI, net of tax were not significant.