v2.4.0.6
Borrowings and Other Secured Financings (Schedule of Maturities of Secured Financing) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Due in 2012 $ 0 [1],[2] $ 35,082 [3]  
Due in 2013 25,303 [1],[2] 25,018 [3]  
Due in 2014 21,751 [1],[2] 21,484 [3]  
Due in 2015 24,653 [1],[2] 21,888 [3]  
Due in 2016 19,984 [1],[2] 19,027 [3]  
Due in 2017 28,137 [1],[2] 17,501 [3]  
Thereafter 49,743 [1],[2] 44,234 [3]  
Long-term debt outstanding 169,571 [1],[2] 184,234 [3]  
Weighted average coupon at period-end 4.40% [1],[2],[4],[5] 4.00% [3],[4],[5] 3.60% [4]
Original Maturities Greater than One Year
      
Due in 2012 0 7,861  
Due in 2013 8,528 4,849  
Due in 2014 2,868 1,765  
Due in 2015 960 1,094  
Due in 2016 429 384  
Due in 2017 181 559  
Thereafter 1,465 2,184  
Long-term debt outstanding 14,431 18,696  
Weighted average coupon at period-end 1.40% [6] 1.70% [6]  
Fixed Rate | Original Maturities Greater than One Year
      
Due in 2012 0    
Due in 2013 2,768    
Due in 2014 189    
Due in 2015 0    
Due in 2016 0    
Due in 2017 0    
Thereafter 949    
Long-term debt outstanding 3,906    
Weighted average coupon at period-end 1.10% [6]    
Variable Rate | Original Maturities Greater than One Year
      
Due in 2012 0 [7],[8]    
Due in 2013 5,760 [7],[8]    
Due in 2014 2,679 [7],[8]    
Due in 2015 960 [7],[8]    
Due in 2016 429 [7],[8]    
Due in 2017 181 [7],[8]    
Thereafter 516 [7],[8]    
Long-term debt outstanding 10,525 [7],[8]    
Weighted average coupon at period-end 1.60% [6],[7],[8]    
Parent Company
      
Long-term debt outstanding $ 157,816 $ 175,152  
[1] 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.
[2] 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).
[3] Amounts include long-term borrowings issued under the Temporary Liquidity Guarantee Program (“TLGP”).
[4] Included in the weighted average and effective average calculations are non-U.S. dollar interest rates.
[5] 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.
[6] Weighted average coupon was calculated utilizing U.S. and non-U.S. dollar interest rates and excludes secured financings that are linked to non-interest indices.
[7] Variable rate borrowings bear interest based on a variety of indices including LIBOR.
[8] Amounts include borrowings that are equity-linked, credit-linked, commodity-linked or linked to some other index.