Bank of America 2010 Annual Report Download - page 130

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Table X Non-exchange Traded Commodity Contracts
(Dollars in millions)
Asset
Positions
Liability
Positions
December 31, 2010
Net fair value of contracts outstanding, January 1, 2010 $ 5,036 $ 3,758
Effects of legally enforceable master netting agreements 17,785 17,785
Gross fair value of contracts outstanding, January 1, 2010 22,821 21,543
Contracts realized or otherwise settled (15,531) (14,899)
Fair value of new contracts 6,240 6,734
Other changes in fair value 1,999 2,055
Gross fair value of contracts outstanding, December 31, 2010 15,529 15,433
Effects of legally enforceable master netting agreements (10,756) (10,756)
Net fair value of contracts outstanding, December 31, 2010 $4,773 $4,677
Table XI Non-exchange Traded Commodity Contract Maturities
(Dollars in millions)
Asset
Positions
Liability
Positions
December 31, 2010
Less than one year $ 9,262 $ 9,453
Greater than or equal to one year and less than three years 4,631 4,395
Greater than or equal to three years and less than five years 659 682
Greater than or equal to five years 977 903
Gross fair value of contracts outstanding 15,529 15,433
Effects of legally enforceable master netting agreements (10,756) (10,756)
Net fair value of contracts outstanding $4,773 $4,677
128 Bank of America 2010