v2.3.0.11
Fair Value Disclosures (Amount By Which Contractual Principal Amount Exceeds Fair Value) (Details) (USD $)
In Billions
Jun. 30, 2011
Dec. 31, 2010
Fair Value Disclosures    
Short-term and long-term debt borrowings $ 0.9 [1] $ 0.6 [1]
Loans 24.5 [2] 24.3 [2]
Loans 90 or more days past due and/or on non-accrual status 21.4 [2],[3] 21.2 [2],[3]
Aggregate fair value of loans in non-accrual status including all loans 90 or more days past due 2.3 2.2
Aggregate fair value of loans that were 90 or more days past due $ 1.8 $ 2.0
[1] These amounts do not include structured notes where the repayment of the initial principal amount fluctuates based on changes in the reference price or index.
[2] The majority of this difference between principal and fair value amounts emanates from the Company's distressed debt trading business, which purchases distressed debt at amounts well below par.
[3] The aggregate fair value of loans that were in non-accrual status, which includes all loans 90 or more days past due, was $2.3 billion and $2.2 billion at June 30, 2011 and December 31, 2010, respectively. The aggregate fair value of loans that were 90 or more days past due was $1.8 billion and $2.0 billion at June 30, 2011 and December 31, 2010, respectively.