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Borrowings and Other Secured Financings (Effective Average Borrowing Rate) (Details)
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Borrowings and Other Secured Financings      
Weighted average coupon at period-end 4.40% [1],[2],[3],[4] 4.00% [1],[2],[5] 3.60% [1]
Effective average borrowing rate for long-term borrowings after swaps at period-end 2.30% [1] 1.90% [1] 2.40% [1]
[1] Included in the weighted average and effective average calculations are non-U.S. dollar interest rates.
[2] Weighted average coupon was calculated utilizing U.S. and non-U.S. dollar interest rates and excludes financial instruments for which the fair value option was elected.
[3] Amounts include an increase of approximately $6.4 billion at December 31, 2012, to the carrying amount of certain of the Company’s long-term borrowings associated with fair value hedges. The increase to the carrying value associated with fair value hedges by year due was approximately less than $0.1 billion due in 2013, $0.3 billion due in 2014, $0.8 billion due in 2015, $0.8 billion due in 2016, $1.5 billion due in 2017 and $2.9 billion due thereafter.
[4] Amounts include an increase of approximately $0.4 billion at December 31, 2012 to the carrying amounts of certain of the Company’s long-term borrowings for which the fair value option was elected (see Note 4).
[5] Amounts include long-term borrowings issued under the Temporary Liquidity Guarantee Program (“TLGP”).