Wells Fargo 2011 Annual Report Download - page 201

Net unrealized
Total net gains
Purchases,
gains (losses)
(losses) included in
sales,
included in net
Other
issuances
income related
Balance,
compre-
and
Transfers
Transfers
Balance,
to assets and
beginning
Net
hensive
settlements,
into
out of
end of
liabilities held
(in millions)
of year
income
income
net
Level 3
Level 3
year
at period end (1)
Year ended December 31, 2010
Trading assets
(excluding derivatives):
Securities of U.S. states and
political subdivisions
$
5
2
-
(11)
9
-
5
1
Collateralized debt obligations
1,133
418
-
364
-
-
1,915
11
Corporate debt securities
223
9
-
67
9
(142)
166
16
Mortgage-backed securities
146
(7)
-
101
-
(123)
117
(17)
Asset-backed securities
497
80
-
(141)
1
(71)
366
67
Equity securities
36
1
-
(5)
2
-
34
(2)
Total trading securities
2,040
503
-
375
21
(336)
2,603
76
Other trading assets
271
(35)
-
(19)
-
(81)
136
10
Total trading assets
(excluding derivatives)
2,311
468
-
356
21
(417)
2,739
86
(2)
Securities available for sale:
Securities of U.S. states and
political subdivisions
818
12
63
3,485
192
(6)
4,564
4
Mortgage-backed securities:
Residential
1,084
7
(21)
(48)
274
(1,276)
20
(8)
Commercial
1,799
(28)
404
(10)
227
(2,175)
217
(5)
Total mortgage-backed
securities
2,883
(21)
383
(58)
501
(3,451)
237
(13)
Corporate debt securities
367
7
68
(113)
259
(155)
433
-
Collateralized debt obligations
3,725
210
96
959
-
(212)
4,778
(14)
Asset-backed securities:
Auto loans and leases
8,525
1
(246)
(2,403)
256
-
6,133
-
Home equity loans
1,677
1
40
48
113
(1,767)
112
(5)
Other asset-backed securities
2,308
51
(19)
903
1,057
(1,150)
3,150
(12)
Total asset-backed securities
12,510
53
(225)
(1,452)
1,426
(2,917)
9,395
(17)
Other debt securities
77
(15)
11
12
-
-
85
-
Total debt securities
20,380
246
396
2,833
2,378
(6,741)
19,492
(40)
(3)
Marketable equity securities:
Perpetual preferred securities
2,305
100
(31)
6
80
(26)
2,434
-
Other marketable equity securities
88
-
5
(21)
14
(54)
32
-
Total marketable
equity securities
2,393
100
(26)
(15)
94
(80)
2,466
-
(4)
Total securities
available for sale
22,773
346
370
2,818
2,472
(6,821)
21,958
(40)
Mortgages held for sale
3,523
43
-
(253)
380
(388)
3,305
39
(5)
Loans
-
55
-
(112)
1,035
(669)
309
55
(5)
Mortgage servicing rights
16,004
(5,511)
-
4,092
-
(118)
14,467
(2,957)
(5)
Net derivative assets and liabilities:
Interest rate contracts
(114)
3,514
-
(3,482)
159
-
77
(266)
Commodity contracts
-
(1)
-
-
-
-
(1)
(1)
Equity contracts
(344)
(104)
-
169
-
54
(225)
(19)
Foreign exchange contracts
(1)
21
-
(11)
-
-
9
-
Credit contracts
(330)
(675)
-
(18)
6
-
(1,017)
(644)
Other derivative contracts
(43)
4
-
4
-
-
(35)
-
Total derivative contracts
(832)
2,759
-
(3,338)
165
54
(1,192)
(930)
(6)
Other assets
1,373
29
-
(103)
4
(989)
314
(38)
(2)
Short sale liabilities
(corporate debt securities)
(26)
(2)
-
(37)
-
65
-
-
(2)
Other liabilities (excluding derivatives)
(10)
(55)
-
94
(1,038)
665
(344)
(58)
(5)
(1) Represents only net gains (losses) that are due to changes in economic conditions and management’s estimates of fair value and excludes changes due to the
collection/realization of cash flows over time.
(2) Included in trading activities and other noninterest income in the income statement.
(3) Included in debt securities available for sale in the income statement.
(4) Included in equity investments in the income statement.
(5) Included in mortgage banking and other noninterest income in the income statement.
(6) Included in mortgage banking, trading activities and other noninterest income in the income statement.
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