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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Income from continuing operations, net of tax $ 3,453 $ 3,479
Loss from discontinued operations, net of tax (24) (210)
Net income 3,429 3,269
Adjustments to reconcile net income to cash provided by operating activities:    
Provision for credit losses 2,432 2,496
Depreciation and amortization, net 1,532 1,647
Net gain on sales of securities available for sale (18) (3)
Impairment losses on securities available for sale 15 40
Loans held for sale:    
Originations and purchases (3,355) (972)
Gain on sales (35) (23)
Proceeds from sales and paydowns 3,171 995
Stock plan compensation expense 167 172
Changes in operating assets and liabilities:    
Decrease in interest receivable 150 390
Decrease in other assets 607 1,191
Decrease in interest payable (58) (174)
Decrease in other liabilities (375) (298)
Net cash provided (used) by discontinued operations 39 (291)
Net cash provided by operating activities 7,701 8,439
Investing activities:    
Purchases of securities (14,078) (13,084)
Proceeds from paydowns and maturities of securities 6,717 11,785
Proceeds from sales of securities 6,827 1,355
Net (increase) decrease in loans held for investment (8,351) 9,119
Principal recoveries of loans previously charged off 1,203 1,204
Purchases of premises and equipment (405) (622)
Net cash provided (used) by investing activities (8,087) 9,757
Financing activities:    
Decrease in restricted cash for securitization investors 469 38
Net decrease in deposits (265) (5,662)
Issuance of securitized debt obligations 2,995 1,450
Maturities and paydowns of securitized debt obligations (2,808) (3,304)
Issuance of senior and subordinated notes and junior subordinated debentures 7,713 934
Redemption of junior subordinated debentures 0 (3,641)
Maturities and redemptions of senior and subordinate notes (2,375) (500)
Net decrease in other borrowings (4,030) (12,279)
Net proceeds from issuances of common stock 73 64
Net proceeds from issuances of preferred stock 484 0
Proceeds from share-based payment activities 89 73
Dividends paid on common stock (513) (383)
Dividends paid on preferred stock (46) (39)
Purchases of treasury stock (1,543) (287)
Net cash provided (used) by financing activities 243 (23,536)
Decrease in cash and cash equivalents (143) (5,340)
Cash and cash equivalents at beginning of the period 6,291 11,058
Cash and cash equivalents at end of the period 6,148 5,718
Non-cash items:    
Net transfers from loans held for investment to loans held for sale 38 6,808
Net debt exchange of senior and subordinated notes 0 1,968
Interest paid 1,248 1,550
Income tax paid $ 1,109 $ 1,250