Bank of America 2010 Annual Report Download - page 145

Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
(Dollars in millions) 2010 2009
December 31
Liabilities
Deposits in U.S. offices:
Noninterest-bearing
$ 285,200 $269,615
Interest-bearing (includes
$2,732 and $1,663 measured at fair value) 645,713 640,789
Deposits in non-U.S. offices:
Noninterest-bearing
6,101 5,489
Interest-bearing
73,416 75,718
Total deposits
1,010,430 991,611
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes
$37,424 and $37,325 measured
at fair value)
245,359 255,185
Trading account liabilities
71,985 65,432
Derivative liabilities
55,914 50,661
Commercial paper and other short-term borrowings (includes
$7,178 and $1,520 measured at fair value) 59,962 69,524
Accrued expenses and other liabilities (includes
$33,229 and $18,308 measured at fair value and $1,188 and $1,487 of reserve for
unfunded lending commitments)
144,580 127,854
Long-term debt (includes
$50,984 and $45,451 measured at fair value) 448,431 438,521
Total liabilities 2,036,661 1,998,788
Commitments and contingencies (Note 8 – Securitizations and Other Variable Interest Entities, Note 9 – Representations and Warranties
Obligations and Corporate Guarantees and Note 14 – Commitments and Contingencies)
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,943,660 and 5,246,660 shares 16,562 37,208
Common stock and additional paid-in capital, $0.01 par value; authorized –
12,800,000,000 and 10,000,000,000 shares; issued and
outstanding – 10,085,154,806 and 8,650,243,926 shares
150,905 128,734
Retained earnings
60,849 71,233
Accumulated other comprehensive income (loss)
(66) (5,619)
Other
(2) (112)
Total shareholders’ equity 228,248 231,444
Total liabilities and shareholders’ equity $2,264,909 $2,230,232
Liabilities of consolidated VIEs included in total liabilities above
Commercial paper and other short-term borrowings (includes $706 of non-recourse liabilities) $6,742
Long-term debt (includes $66,309 of non-recourse debt) 71,013
All other liabilities (includes $382 of non-recourse liabilities) 9,141
Total liabilities of consolidated VIEs $86,896
See accompanying Notes to Consolidated Financial Statements.
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