Bank of America 2014 Annual Report Download - page 145

Bank of America 2014 143
Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
December 31
(Dollars in millions) 2014 2013
Liabilities
Deposits in U.S. offices:
Noninterest-bearing $ 392,790 $ 373,070
Interest-bearing (includes $1,469 and $1,899 measured at fair value) 660,161 667,714
Deposits in non-U.S. offices:
Noninterest-bearing 7,542 8,255
Interest-bearing 58,443 70,232
Total deposits 1,118,936 1,119,271
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $35,357 and $26,500 measured at fair
value) 201,277 198,106
Trading account liabilities 74,192 83,469
Derivative liabilities 46,909 37,407
Short-term borrowings (includes $2,697 and $1,520 measured at fair value) 31,172 45,999
Accrued expenses and other liabilities (includes $12,055 and $11,233 measured at fair value and $528 and $484 of reserve for
unfunded lending commitments) 145,438 135,662
Long-term debt (includes $36,404 and $47,035 measured at fair value) 243,139 249,674
Total liabilities 1,861,063 1,869,588
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 – 3,647,790 and 3,407,790 shares 19,309 13,352
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding –
10,516,542,476 and 10,591,808,296 shares 153,458 155,293
Retained earnings 75,024 72,497
Accumulated other comprehensive income (loss) (4,320)(8,457)
Total shareholders’ equity 243,471 232,685
Total liabilities and shareholders’ equity $ 2,104,534 $ 2,102,273
Liabilities of consolidated variable interest entities included in total liabilities above
Short-term borrowings (includes $0 and $77 of non-recourse borrowings) $ 1,032 $ 1,150
Long-term debt (includes $11,943 and $16,209 of non-recourse debt) 13,307 19,448
All other liabilities (includes $84 and $138 of non-recourse liabilities) 138 253
Total liabilities of consolidated variable interest entities $ 14,477 $ 20,851
See accompanying Notes to Consolidated Financial Statements.