Quarterly report pursuant to Section 13 or 15(d)

Derivatives - Economic Hedges (Details)

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Derivatives - Economic Hedges (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Summary of Derivative Instruments by Risk Exposure [Abstract]        
Interest rate risk on mortgage banking income $ 196 [1] $ (464) [1] $ 376 [1] $ (497) [1]
Credit risk on loans (27) [2] (11) [2] (33) [2] (7) [2]
Interest rate and foreign currency risk on ALM activities (713) [3] 1,113 [3] (1,311) [3] 508 [3]
Price risk on restricted stock awards (338) [4] 124 [4] 26 [4] 240 [4]
Other (1) (8) (4) (11)
Gain (Loss) On Derivative Instrument, Interest Rate Lock Commitments On Loans Held For Sale $ 225 $ 132 $ 398 $ 539
[1] Net gains (losses) on these derivatives are recorded in mortgage banking income as they are used to mitigate the interest rate risk related to MSRs, interest rate lock commitments and mortgage loans held-for-sale, all of which are measured at fair value with changes in fair value recorded in mortgage banking income. The net gains on interest rate lock commitments related to the origination of mortgage loans that are held-for-sale, which are considered derivative instruments, were $225 million and $398 million for the three and six months ended June 30, 2014 compared to $132 million and $539 million for the same periods in 2013.
[2] Net gains (losses) on these derivatives are recorded in other income (loss).
[3] The balance is primarily related to hedges of debt securities carried at fair value and hedges of foreign currency-denominated debt. Results from these items are recorded in other income (loss). The offsetting mark-to-market, while not included in the table above, is also recorded in other income (loss).
[4] Gains (losses) on these derivatives are recorded in personnel expense.