Bank of America 2015 Annual Report Download - page 135

Bank of America 2015 133
Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
December 31
(Dollars in millions) 2015 2014
Liabilities
Deposits in U.S. offices:
Noninterest-bearing $ 422,237 $ 393,102
Interest-bearing (includes $1,116 and $1,469 measured at fair value) 703,761 660,161
Deposits in non-U.S. offices:
Noninterest-bearing 9,916 7,230
Interest-bearing 61,345 58,443
Total deposits 1,197,259 1,118,936
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $24,574 and $35,357 measured at fair
value) 174,291 201,277
Trading account liabilities 66,963 74,192
Derivative liabilities 38,450 46,909
Short-term borrowings (includes $1,325 and $2,697 measured at fair value) 28,098 31,172
Accrued expenses and other liabilities (includes $13,899 and $12,055 measured at fair value and $646 and $528 of reserve for
unfunded lending commitments) 146,286 145,438
Long-term debt (includes $30,097 and $36,404 measured at fair value) 236,764 243,139
Total liabilities 1,888,111 1,861,063
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 – 3,767,790 and 3,647,790 shares 22,273 19,309
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding –
10,380,265,063 and 10,516,542,476 shares 151,042 153,458
Retained earnings 88,564 75,024
Accumulated other comprehensive income (loss) (5,674)(4,320)
Total shareholders’ equity 256,205 243,471
Total liabilities and shareholders’ equity $ 2,144,316 $ 2,104,534
Liabilities of consolidated variable interest entities included in total liabilities above
Short-term borrowings $681 $ 1,032
Long-term debt (includes $11,304 and $11,943 of non-recourse debt) 14,073 13,307
All other liabilities (includes $20 and $84 of non-recourse liabilities) 21 138
Total liabilities of consolidated variable interest entities $ 14,775 $ 14,477
See accompanying Notes to Consolidated Financial Statements.