Consolidated Income Statement (unaudited) - USD ($) shares in Thousands, $ in Millions		3 Months Ended
		Mar. 31, 2020		Dec. 31, 2019	Mar. 31, 2019
Fee and other revenue
Asset servicing fees		$ 1,159		$ 1,148	$ 1,122
Clearing services fees		470		421	398
Issuer services fees		263		264	251
Treasury services fees		149		147	132
Total investment services fees		2,041		1,980	1,903
Investment management and performance fees		862		883	841
Foreign exchange and other trading revenue		319		168	170
Financing-related fees		59		46	51
Distribution and servicing		31		34	31
Investment and other income		11		860	35
Total fee revenue		3,323		3,971	3,031
Net securities gains (losses)		9		(25)	1
Total fee and other revenue		3,332		3,946	3,032
Operations of consolidated investment management funds
Investment (loss) income		(38)		17	26
Interest of investment management fund note holders		0		0	0
(Loss) income from consolidated investment management funds		(38)		17	26
Net interest revenue
Interest revenue		1,570		1,721	1,920
Interest expense		756		906	1,079
Net interest revenue		814		815	841
Total revenue		4,108		4,778	3,899
Provision for credit losses	[2]	169	[1]	(8)	7	[1]
Noninterest expense
Staff		1,482		1,639	1,524
Professional, legal and other purchased services		330		367	325
Software and equipment		326		326	283
Net occupancy		135		151	137
Sub-custodian and clearing		105		119	105
Distribution and servicing		91		92	91
Business development		42		65	45
Bank assessment charges		35		32	31
Amortization of intangible assets		26		28	29
Other		140		145	129
Total noninterest expense		2,712		2,964	2,699
Income
Income before income taxes		1,227		1,822	1,193
Provision for income taxes		265		373	237
Net income		962		1,449	956
Net loss (income) attributable to noncontrolling interests (includes $18, $(9) and $(10) related to consolidated investment management funds, respectively)		18		(9)	(10)
Net income applicable to shareholders of The Bank of New York Mellon Corporation		980		1,440	946
Preferred stock dividends		(36)		(49)	(36)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation		944		1,391	910
Net income applicable to common shareholders of The Bank of New York Mellon Corporation used for the earnings per share calculation (in millions)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation		944		1,391	910
Less: Earnings allocated to participating securities		3		6	5
Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic and diluted earnings per common share		$ 941		$ 1,385	$ 905
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation
Basic (shares)		894,122		911,324	962,397
Common stock equivalents		3,941		5,191	6,071
Less: Participating securities		(1,374)		(1,776)	(2,508)
Diluted (shares)		896,689		914,739	965,960
Anti-dilutive securities (shares)	[3]	2,584		3,515	5,550
Earnings per share applicable to the common shareholders of The Bank of New York Mellon Corporation
Basic (usd per share)		$ 1.05		$ 1.52	$ 0.94
Diluted (usd per share)		$ 1.05		$ 1.52	$ 0.94

[1] In the first quarter of 2020, we adopted new accounting guidance included in ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses On Financial Instruments, on a prospective basis. See Note 2 of the Notes to Consolidated Financial Statements for additional information.

[2] The provision for credit losses for the quarter ended March 31, 2020 relates to the financial instruments within the scope of Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses On Financial Instruments. See Note 2 of the Notes to Consolidated Financial Statements for additional information.

[3] Represents stock options, restricted stock, restricted stock units and participating securities outstanding but not included in the computation of diluted average common shares because their effect would be anti-dilutive.