Income tax expense/(benefit) | ||||||||||||
Year ended December 31, (in millions) | 2013 | 2012 | 2011 | |||||||||
Current income tax expense/(benefit) | ||||||||||||
U.S. federal | $ | (1,316 | ) | $ | 3,225 | $ | 3,719 | |||||
Non-U.S. | 1,308 | 1,782 | 1,183 | |||||||||
U.S. state and local | (4 | ) | 1,496 | 1,178 | ||||||||
Total current income tax expense/(benefit) | (12 | ) | 6,503 | 6,080 | ||||||||
Deferred income tax expense/(benefit) | ||||||||||||
U.S. federal | 7,080 | 2,238 | 2,109 | |||||||||
Non-U.S. | 10 | (327 | ) | 102 | ||||||||
U.S. state and local | 913 | (781 | ) | (518 | ) | |||||||
Total deferred income tax expense/(benefit) | 8,003 | 1,130 | 1,693 | |||||||||
Total income tax expense | $ | 7,991 | $ | 7,633 | $ | 7,773 |