Gains and Losses on Sales of AFS Debt Securities | |||||||||||
(Dollars in millions) | 2013 | 2012 | 2011 | ||||||||
Gross gains | $ | 1,302 | $ | 2,128 | $ | 3,685 | |||||
Gross losses | (31 | ) | (466 | ) | (311 | ) | |||||
Net gains on sales of AFS debt securities | $ | 1,271 | $ | 1,662 | $ | 3,374 | |||||
Income tax expense attributable to realized net gains on sales of AFS debt securities | $ | 470 | $ | 615 | $ | 1,248 |