Bank of America 2013 Annual Report Download - page 153

Bank of America 2013 151
Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
December 31
(Dollars in millions) 2013 2012
Liabilities
Deposits in U.S. offices:
Noninterest-bearing $ 373,092 $ 372,546
Interest-bearing (includes $1,899 and $2,262 measured at fair value) 667,714 654,332
Deposits in non-U.S. offices:
Noninterest-bearing 8,233 7,573
Interest-bearing 70,232 70,810
Total deposits 1,119,271 1,105,261
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $33,684 and $42,639 measured at fair
value) 198,106 293,259
Trading account liabilities 83,469 73,587
Derivative liabilities 37,407 46,016
Short-term borrowings (includes $1,520 and $4,074 measured at fair value) 45,999 30,731
Accrued expenses and other liabilities (includes $11,233 and $16,594 measured at fair value and $484 and $513 of reserve for
unfunded lending commitments) 135,662 148,579
Long-term debt (includes $47,035 and $49,161 measured at fair value) 249,674 275,585
Total liabilities 1,869,588 1,973,018
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities, Note 7 – Representations and Warranties
Obligations and Corporate Guarantees and Note 12 – Commitments and Contingencies)
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,407,790 and 3,685,410 shares 13,352 18,768
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding –
10,591,808,296 and 10,778,263,628 shares 155,293 158,142
Retained earnings 72,497 62,843
Accumulated other comprehensive income (loss) (8,457)(2,797)
Total shareholders’ equity 232,685 236,956
Total liabilities and shareholders’ equity $ 2,102,273 $ 2,209,974
Liabilities of consolidated variable interest entities included in total liabilities above
Short-term borrowings (includes $77 and $872 of non-recourse borrowings) $ 1,150 $ 3,731
Long-term debt (includes $16,209 and $29,476 of non-recourse debt) 19,448 34,256
All other liabilities (includes $138 and $149 of non-recourse liabilities) 253 360
Total liabilities of consolidated variable interest entities $ 20,851 $ 38,347
See accompanying Notes to Consolidated Financial Statements.