Commitments, Guarantees, and Contingencies (Tables)

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

The following table presents the aggregate gross contractual amounts of off-balance sheet guarantees as of the dates indicated. Amounts presented do not reflect participations to independent third parties.



(In millions)	June 30, 2013		December 31, 2012
Indemnified securities financing	$	319,407	$	302,341
Stable value protection	28,440		33,512
Asset purchase agreements	4,811		5,063
Standby letters of credit	3,994		4,552

Schedule of Repurchase Agreements

The following table summarizes the fair values of indemnified securities financing and related collateral, as well as collateral invested in indemnified repurchase agreements, as of the dates indicated:



(In millions)	June 30, 2013		December 31, 2012
Aggregate fair value of indemnified securities financing	$	319,407	$	302,341
Aggregate fair value of cash and securities held by us, as agent, as collateral for indemnified securities financing	330,675		312,223
Aggregate fair value of collateral for indemnified securities financing invested in indemnified repurchase agreements	85,398		80,224
Aggregate fair value of cash and securities held by us or our agents as collateral for investments in indemnified repurchase agreements	90,703		85,411

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

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