|
Outstanding Loans and Leases - Credit Card and Other Consumer - Renegotiated TDRs Entered into During the Period (Details) (Credit card and other consumer, USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
| Financing Receivable, Modifications [Line Items] | |||
| Unpaid Principal Balance | $ 394bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance | $ 488bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance | $ 761bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance |
| Carrying Value | 426us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 | 522us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 | 728us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 |
| Pre-Modification Interest Rate | 18.32%bac_FinancingReceivableModificationsPreModificationInterestRate | 18.89%bac_FinancingReceivableModificationsPreModificationInterestRate | 18.68%bac_FinancingReceivableModificationsPreModificationInterestRate |
| Post-Modification Interest Rate | 4.03%bac_FinancingReceivableModificationsPostModificationInterestRate | 4.37%bac_FinancingReceivableModificationsPostModificationInterestRate | 4.79%bac_FinancingReceivableModificationsPostModificationInterestRate |
| Net Charge-offs | 142us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown | 183us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown | 287us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown |
|
Direct/Indirect Consumer
|
|||
| Financing Receivable, Modifications [Line Items] | |||
| Unpaid Principal Balance |
27bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
47bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
160bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
| Carrying Value |
19us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
38us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
113us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
| Pre-Modification Interest Rate |
8.66%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
11.53%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
9.59%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
| Post-Modification Interest Rate |
4.90%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
4.74%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
5.72%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
| Net Charge-offs |
14us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
15us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
52us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
|
Other consumer
|
|||
| Financing Receivable, Modifications [Line Items] | |||
| Unpaid Principal Balance |
8bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
| Carrying Value |
8us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
| Pre-Modification Interest Rate |
9.28%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9.97%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
| Post-Modification Interest Rate |
5.25%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
6.44%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
| Net Charge-offs |
0us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
0us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
|
United States | Credit Card Receivable
|
|||
| Financing Receivable, Modifications [Line Items] | |||
| Unpaid Principal Balance |
276bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
299bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
396bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
| Carrying Value |
301us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
329us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
400us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
| Pre-Modification Interest Rate |
16.64%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
16.84%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
17.59%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
| Post-Modification Interest Rate |
5.15%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
5.84%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
6.36%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
| Net Charge-offs |
37us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
30us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
45us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
|
Non United States | Credit Card Receivable
|
|||
| Financing Receivable, Modifications [Line Items] | |||
| Unpaid Principal Balance |
91bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
134bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
196bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
| Carrying Value |
106us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
147us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
206us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
| Pre-Modification Interest Rate |
24.90%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
25.90%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
26.19%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
| Post-Modification Interest Rate |
0.68%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
0.95%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
1.15%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
| Net Charge-offs |
$ 91us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
$ 138us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
$ 190us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = bac_CreditCardandOtherConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
| X | ||||||||||
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- Definition
Financing Receivable, Modifications, Post-Modification Interest Rate No definition available.
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- Definition
Financing Receivable, Modifications, Unpaid Principal Balance No definition available.
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- Definition
Financing Receivable, Modifications, Pre-Modification Interest Rate No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Post-modification amount of investment in financing receivables modified by troubled debt restructurings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Reflects the amount of the write-down related to a troubled debt restructuring. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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