Exhibits
d577023d10q.htmd577023dex3a.htmd577023dex10a.htmd577023dex10b.htmd577023dex12a.htmd577023dex12b.htmd577023dex31a.htmd577023dex31b.htmd577023dex32a.htmd577023dex32b.htmwfc-20130630.xmlR122.xmlR71.xmlR8.xmlR141.xmlR6.xmlR82.xmlR53.xmlR102.xmlR58.xmlR29.xmlR68.xmlR97.xmlR74.xmlR34.xmlR44.xmlR32.xmlR25.xmlR92.xmlR65.xmlR81.xmlR123.xmlR100.xmlR94.xmlR117.xmlR56.xmlR104.xmlR57.xmlR19.xmlR49.xmlR76.xmlR51.xmlR66.xmlR130.xmlR109.xmlR9.xmlR132.xmlR116.xmlR69.xmlR12.xmlR133.xmlR111.xmlR46.xmlR114.xmlR89.xmlR67.xmlR40.xmlR52.xmlR98.xmlR11.xmlR62.xmlR113.xmlR14.xmlR95.xmlR2.xmlR61.xmlR84.xmlR110.xmlR101.xmlR24.xmlR107.xmlR105.xmlR10.xmlR77.xmlR88.xmlR86.xmlR91.xmlR90.xmlR60.xmlR79.xmlR5.xmlR39.xmlR4.xmlR93.xmlR48.xmlR135.xmlR70.xmlR20.xmlR127.xmlR73.xmlR47.xmlR7.xmlR17.xmlR45.xmlR16.xmlR142.xmlR138.xmlR27.xmlR18.xmlR83.xmlR3.xmlR134.xmlR50.xmlR64.xmlR42.xmlR131.xmlR103.xmlR85.xmlR31.xmlR96.xmlR30.xmlR137.xmlR119.xmlR21.xmlR108.xmlR72.xmlR124.xmlR22.xmlR75.xmlR129.xmlR54.xmlR118.xmlR37.xmlR87.xmlR139.xmlR120.xmlR136.xmlR121.xmlR13.xmlR38.xmlR23.xmlR63.xmlR78.xmlR36.xmlR106.xmlR55.xmlR59.xmlR43.xmlR126.xmlR140.xmlR26.xmlR28.xmlR99.xmlR33.xmlR15.xmlR35.xmlR112.xmlR41.xmlR125.xmlR1.xmlR80.xmlR115.xmlR128.xmlExhibits
d577023d10q.htmd577023dex3a.htmd577023dex10a.htmd577023dex10b.htmd577023dex12a.htmd577023dex12b.htmd577023dex31a.htmd577023dex31b.htmd577023dex32a.htmd577023dex32b.htmwfc-20130630.xmlR122.xmlR71.xmlR8.xmlR141.xmlR6.xmlR82.xmlR53.xmlR102.xmlR58.xmlR29.xmlR68.xmlR97.xmlR74.xmlR34.xmlR44.xmlR32.xmlR25.xmlR92.xmlR65.xmlR81.xmlR123.xmlR100.xmlR94.xmlR117.xmlR56.xmlR104.xmlR57.xmlR19.xmlR49.xmlR76.xmlR51.xmlR66.xmlR130.xmlR109.xmlR9.xmlR132.xmlR116.xmlR69.xmlR12.xmlR133.xmlR111.xmlR46.xmlR114.xmlR89.xmlR67.xmlR40.xmlR52.xmlR98.xmlR11.xmlR62.xmlR113.xmlR14.xmlR95.xmlR2.xmlR61.xmlR84.xmlR110.xmlR101.xmlR24.xmlR107.xmlR105.xmlR10.xmlR77.xmlR88.xmlR86.xmlR91.xmlR90.xmlR60.xmlR79.xmlR5.xmlR39.xmlR4.xmlR93.xmlR48.xmlR135.xmlR70.xmlR20.xmlR127.xmlR73.xmlR47.xmlR7.xmlR17.xmlR45.xmlR16.xmlR142.xmlR138.xmlR27.xmlR18.xmlR83.xmlR3.xmlR134.xmlR50.xmlR64.xmlR42.xmlR131.xmlR103.xmlR85.xmlR31.xmlR96.xmlR30.xmlR137.xmlR119.xmlR21.xmlR108.xmlR72.xmlR124.xmlR22.xmlR75.xmlR129.xmlR54.xmlR118.xmlR37.xmlR87.xmlR139.xmlR120.xmlR136.xmlR121.xmlR13.xmlR38.xmlR23.xmlR63.xmlR78.xmlR36.xmlR106.xmlR55.xmlR59.xmlR43.xmlR126.xmlR140.xmlR26.xmlR28.xmlR99.xmlR33.xmlR15.xmlR35.xmlR112.xmlR41.xmlR125.xmlR1.xmlR80.xmlR115.xmlR128.xml|
Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2013
|
Jun. 30, 2012
|
Jun. 30, 2013
|
Jun. 30, 2012
|
|||||||||
| Interest income | ||||||||||||
| Trading assets | $ 340 | $ 343 | $ 667 | $ 720 | ||||||||
| Securities available for sale | 2,034 | 2,147 | 3,959 | 4,235 | ||||||||
| Mortgages held for sale | 378 | 477 | 749 | 936 | ||||||||
| Loans held for sale | 4 | 12 | 7 | 21 | ||||||||
| Loans | 8,902 | 9,242 | 17,763 | 18,439 | ||||||||
| Other interest income | 169 | 133 | 332 | 258 | ||||||||
| Total interest income | 11,827 | 12,354 | 23,477 | 24,609 | ||||||||
| Interest expense: | ||||||||||||
| Deposits | 353 | 443 | 722 | 900 | ||||||||
| Short-term borrowings | 17 | 20 | 37 | 36 | ||||||||
| Long-term debt | 632 | 789 | 1,329 | 1,619 | ||||||||
| Other interest expense | 75 | 65 | 140 | 129 | ||||||||
| Total interest expense | 1,077 | 1,317 | 2,228 | 2,684 | ||||||||
| Net interest income | 10,750 | 11,037 | 21,249 | 21,925 | ||||||||
| Provision for credit losses | 652 | 1,800 | 1,871 | 3,795 | ||||||||
| Net interest income after provision for credit losses | 10,098 | 9,237 | 19,378 | 18,130 | ||||||||
| Noninterest income | ||||||||||||
| Service charges on deposit accounts | 1,248 | 1,139 | 2,462 | 2,223 | ||||||||
| Trust and investment fees | 3,494 | 2,898 | 6,696 | 5,737 | ||||||||
| Card fees | 813 | 704 | 1,551 | 1,358 | ||||||||
| Other fees | 1,089 | 1,134 | 2,123 | 2,229 | ||||||||
| Mortgage banking | 2,802 | 2,893 | 5,596 | 5,763 | ||||||||
| Insurance | 485 | 522 | 948 | 1,041 | ||||||||
| Net gains from trading activities | 331 | 263 | 901 | 903 | ||||||||
| Net gains (losses) on debt securities available for sale | (54) | [1] | (61) | [1] | (9) | [1] | (68) | [1] | ||||
| Net gains from equity investments | 203 | [2] | 242 | [2] | 316 | [2] | 606 | [2] | ||||
| Lease income | 225 | 120 | 355 | 179 | ||||||||
| Other | (8) | 398 | 449 | 1,029 | ||||||||
| Total noninterest income | 10,628 | 10,252 | 21,388 | 21,000 | ||||||||
| Noninterest expense | ||||||||||||
| Salaries | 3,768 | 3,705 | 7,431 | 7,306 | ||||||||
| Commission and incentive compensation | 2,626 | 2,354 | 5,203 | 4,771 | ||||||||
| Employee benefits | 1,118 | 1,049 | 2,701 | 2,657 | ||||||||
| Equipment | 418 | 459 | 946 | 1,016 | ||||||||
| Net occupancy | 716 | 698 | 1,435 | 1,402 | ||||||||
| Core deposit and other intangibles | 377 | 418 | 754 | 837 | ||||||||
| FDIC and other deposit assessments | 259 | 333 | 551 | 690 | ||||||||
| Other | 2,973 | 3,381 | 5,634 | 6,711 | ||||||||
| Total noninterest expense | 12,255 | 12,397 | 24,655 | 25,390 | ||||||||
| Income before income tax expense | 8,471 | 7,092 | 16,111 | 13,740 | ||||||||
| Income tax expense | 2,863 | 2,371 | 5,283 | 4,699 | ||||||||
| Net income before noncontrolling interests | 5,608 | 4,721 | 10,828 | 9,041 | ||||||||
| Less: Net income from noncontrolling interests | 89 | 99 | 138 | 171 | ||||||||
| Wells Fargo net income | 5,519 | 4,622 | 10,690 | 8,870 | ||||||||
| Less: Preferred stock dividends and other | 247 | 219 | 487 | 445 | ||||||||
| Wells Fargo net income applicable to common stock | $ 5,272 | $ 4,403 | $ 10,203 | $ 8,425 | ||||||||
| Per share information | ||||||||||||
| Earnings per common share | $ 1.00 | $ 0.83 | $ 1.93 | $ 1.59 | ||||||||
| Diluted earnings per common share | $ 0.98 | $ 0.82 | $ 1.90 | $ 1.57 | ||||||||
| Dividends declared per common share | $ 0.30 | $ 0.22 | $ 0.55 | $ 0.44 | ||||||||
| Average common shares outstanding | 5,304.7 | 5,306.9 | 5,291.9 | 5,294.9 | ||||||||
| Diluted average common shares outstanding | 5,384.6 | 5,369.9 | 5,369.9 | 5,354.3 | ||||||||
|
||||||||||||
| X | ||||||||||
|
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents equipment expense including depreciation, repairs, rentals, and service contract costs. This item also includes equipment purchases which do not qualify for capitalization in accordance with the entity's accounting policy. This item may also include furniture expenses. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of income earned from credit card services (including late, over limit, and annual fees) and debit card services (including interchange fees, annual fees and other fees). Excludes interest income earned on credit card balances and transactions. No definition available.
|
| X | ||||||||||
|
- Definition
Income from services rendered by trust departments or by any consolidated subsidiaries acting in a fiduciary capacity, including fees earned for (1) acting as an agent for fiduciary placement and loans and (2) custody or investment advisory services when such fees are not separately billed to the customer. This item excludes commissions and fees received for the accumulation or disbursement of funds deposited to Individual Retirement or Keogh plan accounts when such are not handled by the reporting entity's trust department. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fee and commission revenue earned from sources not otherwise specified in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The difference between the carrying value and the sale price of debt securities, not separately or otherwise categorized as trading, available-for-sale, or held-to-maturity. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenue from insurance services, including net premiums earned, gain on sale of insurance block, agency management fees and insurance contract fees and commissions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Interest income on securities classified neither as held-to-maturity nor trading ("available-for-sale securities") includes: (a) interest and dividends earned on all securities and (b) amortization and accretion (as applicable) of discounts and premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest and dividend income on securities that are bought and held principally for the purpose of selling them in the near term ("trading securities") and on securities measured at fair value through earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest and fee income generated by loans the Entity intends and has the ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (1) industrial and agricultural; (2) real estate; and (3) real estate construction loans; (4) trade financing; (5) lease financing; (6) home equity lines-of-credit; (7) automobile and other vehicle loans; and (8) credit card and other revolving-type loans. Also includes interest income for leases held by the Entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest and fee income from mortgage loans considered to be held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of interest and fee income earned from loans held-for-sale, including interest earned from direct financing and sales-type leases held-for-sale, but excluding mortgage loans held-for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate amount of interest paid or due on all long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate interest expense incurred on short-term borrowings including commercial paper and Federal funds purchased and securities sold under agreements to repurchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Represents other forms of revenue earned, excluding interest, which is not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Includes all other interest income, net of discount accretion and premium amortization, and dividend income. It may include dividend income from equity securities that do not have readily determinable fair values that are reportable in Other Assets, and interest income on interest-only strips receivable (not in the form of a security) that are included in Other Assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of payroll tax expense, compensation, postemployment and benefit-related expenses not elsewhere specified in the taxonomy (such as health plan, profit sharing, incentives, tuition reimbursement, other fringe benefits and perquisites) incurred in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Other noninterest expenses that are not separately presented in any other noninterest expense category. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate value of preferred stock dividends and other adjustments necessary to derive net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expenditures for salaries for officers and non-officers. Does not include allocated share-based compensation, pension and post-retirement benefit expense or other labor-related non-salary expense. For commercial and industrial companies, excludes any direct and overhead labor that is included in cost of goods sold. No definition available.
|
| X | ||||||||||
|
- Definition
The net gain (loss) on trading activities (including both derivative and nonderivative instruments) recognized in the statement of financial performance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from incentive compensation, bonuses, commissions, and awards. Also includes expenses from share-based compensation arrangements (for example, shares of stock, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. No definition available.
|
| X | ||||||||||
|
- Definition
The noninterest income derived from mortgage banking activities. No definition available.
|
| X | ||||||||||
|
- Definition
Includes amounts charged depositors for: (1) maintenance of their accounts (maintenance charges); (2) failure to maintain specified minimum balances on account; (3) exceeding the number of checks or transactions allowed to be processed in a given period; (4) checks drawn on no minimum balance deposit accounts; (5) withdrawals from nontransaction deposit accounts; (6) closing savings accounts before a specified minimum period of time has elapsed; (7) accounts which have remained inactive for extended periods of time or which have become dormant; (8) checks drawn against insufficient funds that the bank assesses regardless of whether it decides to pay, return or hold the check; (9) issuing stop payment orders; and (10) accumulating or disbursing funds deposited in IRAs or Keogh Plan accounts when not handled by the bank's trust department. This item does not include penalties assessed on the early withdrawal of time deposits. ATM fees and check certification charges are included in other fees. No definition available.
|
| X | ||||||||||
|
- Definition
Expenditures for Federal Deposit Insurance Corporation and other deposit assessments. No definition available.
|
| X | ||||||||||
|
- Definition
The revenue derived from investments, including but are not limited to investments in marketable equity securities, private equity, and principal investments: includes realized investment gains or losses. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified share-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) increases (decreases) net cash provided by financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified equity-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) reduces (increases) net cash provided by operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for the increase (decrease) in the beginning and end of period deposits balances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other obligations or expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for the origination of mortgages that are held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash outflow or inflow associated with acquisition or sale of mortgage servicing rights which is the net carrying value of capitalized servicing rights, which contractually entitle the servicer to receive fees and ancillary revenues for performing billing, collection, disbursement and recordkeeping services in connection with a mortgage portfolio. Rights may be obtained via (1) acquisition or assumption of a servicing obligation that does not relate to financial assets of the servicer or its consolidated affiliates; or (2) by originating mortgage loans and then (a) transferring the loans to a Variable Interest Entity (VIE) in a transaction that meets the necessary transfer and classification requirements, or (b) transferring the loans in a transaction that meets the requirements for sale accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to common shareholders, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to preferred shareholders, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow from (a) purchases of loans held-for-investment, (b) purchases of leases held-for-investment, and (c) both. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow used to purchase loans (other than mortgage loans) that are held with the intention to resell in the near future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with security instrument that either represents a creditor or an ownership relationship with the holder of the investment security with a maturity of beyond one year or normal operating cycle, if longer. Includes proceeds from (a) debt, (b) capital lease obligations, (c) mandatory redeemable capital securities, and (d) any combination of (a), (b), or (c). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from noncontrolled interest to increase or decrease the number of shares they have in the entity. This does not include dividends paid to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the sale assets received in full or partial satisfaction of a receivable including real and personal property; equity interests in corporations, partnerships, and joint ventures; and beneficial interests in trusts. Foreclosed assets also include loans that are treated as if the underlying collateral had been foreclosed because the institution has taken possession of the collateral, even though legal foreclosure or repossession proceedings have not taken place. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow from (a) sales of loans held-for-investment, (b) sales of leases held-for-investment, and (c) both. Includes proceeds from securitizations of loans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net change during the reporting period in the carrying value of trading assets. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for loans originated by nonbank entities. No definition available.
|
| X | ||||||||||
|
- Definition
Increase (decrease) in Federal funds sold securities purchased under resale agreements and other short term investments. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for loans originated by banking subsidiaries, net of the cash inflow for principal collected. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of cash paid for the origination of loans, other than mortgages, that are held for sale. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cash outflow to acquire nonmarketable equity investments, consisting of both cost method and equity method investments. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow from principal collected on nonbank entities' loans. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of nonmarketable equity investments, consisting of both cost method and equity method investments. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow resulting from the sale of and principal collected on loans classified as held-for-sale, excluding proceeds from loans sold through mortgage securitization. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow from sales of loans that are secured with real estate mortgages and are held with the intention to resell in the near future. The cash inflow from collection of repayments from borrowers on loans that are secured with real estate mortgages and are held with the intention to resell in the near future. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Also includes the value of preferred stock released by the employee stock ownership plan during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate increase (decrease) in the market value of Mortgage Servicing Rights, Mortgages Held for Sale and Loans Held for Sale whose gains (losses) are included in earnings. No definition available.
|
|
Consolidated Balance Sheet (Unaudited) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2013
|
Dec. 31, 2012
|
||||||
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash and Due from Banks | $ 17,939 | $ 21,860 | ||||||
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 148,665 | 137,313 | ||||||
| Trading assets | 58,619 | 57,482 | ||||||
| Securities available for sale | 249,439 | 235,199 | ||||||
| Mortgages held for sale (includes $35,402 and $42,305 carried at fair value) | 38,785 | 47,149 | ||||||
| Loans held for sale (includes $2 and $6 carried at fair value) | 190 | 110 | ||||||
| Loans (includes $6,088 and $6,206 carried at fair value) | 801,974 | 799,574 | ||||||
| Allowance for loan losses | (16,144) | (17,060) | ||||||
| Net loans | 785,830 | 782,514 | ||||||
| Mortgage servicing rights: | ||||||||
| Measured at fair value | 14,185 | 11,538 | ||||||
| Amortized | 1,176 | 1,160 | ||||||
| Premises and equipment, net | 9,190 | 9,428 | ||||||
| Goodwill | 25,637 | 25,637 | ||||||
| Other assets (includes $595 and $0 carried at fair value) | 90,908 | 93,578 | ||||||
| Total assets | 1,440,563 | [1] | 1,422,968 | [1] | ||||
| Liabilities | ||||||||
| Noninterest-bearing deposits | 277,648 | 288,207 | ||||||
| Interest-bearing deposits | 743,937 | 714,628 | ||||||
| Total deposits | 1,021,585 | 1,002,835 | ||||||
| Short-term borrowings | 56,983 | 57,175 | ||||||
| Accrued expenses and other liabilities | 74,843 | 76,668 | ||||||
| Long-term debt (includes $0 and $1 carried at fair value) | 123,375 | 127,379 | ||||||
| Total liabilities | 1,276,786 | [2] | 1,264,057 | [2] | ||||
| Wells Fargo stockholders' equity: | ||||||||
| Preferred stock | 13,988 | 12,883 | ||||||
| Common stock - $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,481,811,474 shares and 5,481,811,474 shares | 9,136 | 9,136 | ||||||
| Additional paid-in capital | 59,945 | 59,802 | ||||||
| Retained earnings | 84,923 | 77,679 | ||||||
| Cumulative other comprehensive income | 1,797 | 5,650 | ||||||
| Treasury stock - 179,654,752 shares and 215,497,298 shares | (5,858) | (6,610) | ||||||
| Unearned ESOP shares | (1,510) | (986) | ||||||
| Total Wells Fargo stockholders' equity | 162,421 | 157,554 | ||||||
| Noncontrolling interests | 1,356 | 1,357 | ||||||
| Total equity | 163,777 | 158,911 | ||||||
| Total liabilities and equity | $ 1,440,563 | $ 1,422,968 | ||||||
|
||||||||
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate of all domestic and foreign interest-bearing deposit liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allowance and after deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of mortgage loans to individuals not classified as held for investment but are held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the carrying amount of loans held for sale not otherwise specified in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of all domestic and foreign noninterest-bearing deposits liabilities held by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amortized carrying amount (balance) as of the balance sheet date of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value of unearned shares for all classes of common stock and nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by an employee stock ownership plan (ESOP). Includes the sale of shares or the issuance treasury shares to an ESOP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fair value of federal funds sold and securities purchased under agreements to resell that serve as collateral for borrowings, interest-bearing deposits in other financial institutions for relatively short periods of time and other short-term investments. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total debt and equity financial instruments classified as (1) trading securities and (2) derivative assets. (1) The total of financial instruments that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for debt and equity securities formerly categorized as available-for-sale or held-to-maturity which the entity held as of the date it opted to account for such securities at fair value. An enterprise may also categorize such a security as trading without the intent to sell it in the near term assuming the decision to categorize the security as trading occurred at acquisition; this is the reason why the trading category of investments in debt and equity securities are bought and sold "principally" for sale in the near term. Transfers into and out of the trading category should be rare. Such financial instruments that are held as of the reporting date are measured at fair value with unrealized holding gains and losses (the difference between fair value and the previously reported carrying amount) included in earnings. (2) Fair values as of the balance sheet date of all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements. No definition available.
|