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Consolidated Income Statement (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Investment services fees:      
Foreign exchange and other trading revenue $ 570bk_ForeignExchangeAndOtherTradingActivities $ 674bk_ForeignExchangeAndOtherTradingActivities $ 692bk_ForeignExchangeAndOtherTradingActivities
Net securities gains 91bk_NetSecuritiesGainLoss 141bk_NetSecuritiesGainLoss 162bk_NetSecuritiesGainLoss
Total fee and other revenue 12,728us-gaap_NoninterestIncome [1] 11,959us-gaap_NoninterestIncome [2],[3] 11,561us-gaap_NoninterestIncome [2],[4]
Net interest revenue      
Interest revenue 3,234us-gaap_InterestAndDividendIncomeOperating 3,352us-gaap_InterestAndDividendIncomeOperating 3,507us-gaap_InterestAndDividendIncomeOperating
Interest expense 354us-gaap_InterestExpense 343us-gaap_InterestExpense 534us-gaap_InterestExpense
Net interest revenue 2,880us-gaap_InterestIncomeExpenseNet 3,009us-gaap_InterestIncomeExpenseNet 2,973us-gaap_InterestIncomeExpenseNet
Provision for credit losses (48)bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses (35)bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses (80)bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses
Net interest revenue after provision for credit losses 2,928us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,044us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,053us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest expense      
Staff 5,845us-gaap_LaborAndRelatedExpense 6,019us-gaap_LaborAndRelatedExpense 5,761us-gaap_LaborAndRelatedExpense
Professional, legal and other purchased services 1,339us-gaap_ProfessionalFees 1,252us-gaap_ProfessionalFees 1,222us-gaap_ProfessionalFees
Software 620us-gaap_InformationTechnologyAndDataProcessing 596us-gaap_InformationTechnologyAndDataProcessing 524us-gaap_InformationTechnologyAndDataProcessing
Net occupancy 610us-gaap_OccupancyNet 629us-gaap_OccupancyNet 593us-gaap_OccupancyNet
Distribution and servicing 428us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 435us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 421us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
Furniture and equipment 322us-gaap_EquipmentExpense 337us-gaap_EquipmentExpense 331us-gaap_EquipmentExpense
Sub-custodian 286us-gaap_NoninterestExpenseTransferAgentAndCustodianFees 280us-gaap_NoninterestExpenseTransferAgentAndCustodianFees 269us-gaap_NoninterestExpenseTransferAgentAndCustodianFees
Business development 268us-gaap_BusinessDevelopment 317us-gaap_BusinessDevelopment 275us-gaap_BusinessDevelopment
Other 1,031us-gaap_OtherNoninterestExpense 1,029us-gaap_OtherNoninterestExpense 994us-gaap_OtherNoninterestExpense
Amortization of intangible assets 298us-gaap_AmortizationOfIntangibleAssets 342us-gaap_AmortizationOfIntangibleAssets [5] 384us-gaap_AmortizationOfIntangibleAssets
Merger and integration, litigation and restructuring charges 1,130bk_MergerAndIntegrationLitigationAndRestructuringCharges 70bk_MergerAndIntegrationLitigationAndRestructuringCharges 559bk_MergerAndIntegrationLitigationAndRestructuringCharges
Total noninterest expense 12,177us-gaap_NoninterestExpense 11,306us-gaap_NoninterestExpense 11,333us-gaap_NoninterestExpense
Income      
Income before income taxes 3,563bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes [6] 3,777bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes [6],[7] 3,357bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes [6],[7]
Provision for income taxes 912us-gaap_IncomeTaxExpenseBenefit [6] 1,592us-gaap_IncomeTaxExpenseBenefit [6],[7] 842us-gaap_IncomeTaxExpenseBenefit [6],[7]
Net income (loss) 2,651us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [6] 2,185us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [6] 2,515us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [6]
Net (income) attributable to noncontrolling interests (includes $(84), $(80) and $(76) related to consolidated investment management funds, respectively) (84)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (81)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (78)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income applicable to shareholders of The Bank of New York Mellon Corporation 2,567us-gaap_NetIncomeLoss [6] 2,104us-gaap_NetIncomeLoss [6] 2,437us-gaap_NetIncomeLoss [6]
Preferred stock dividends (73)us-gaap_PreferredStockDividendsIncomeStatementImpact (64)us-gaap_PreferredStockDividendsIncomeStatementImpact (18)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income applicable to common shareholders of The Bank of New York Mellon Corporation 2,494us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6] 2,040us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6] 2,419us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6]
Reconciliation of net income to the net income applicable to common shareholders of The Bank of New York Mellon Corporation      
Net income applicable to common shareholders of The Bank of New York Mellon Corporation 2,494us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6] 2,040us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6] 2,419us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic [6]
Less: Earnings allocated to participating securities 43bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted 37bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted [6] 35bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted [6]
Change in the excess of redeemable value over the fair value of noncontrolling interests   1bk_ChangeInExcessOfRedeemableValueOverFairValueOfNoncontrollingInterests (5)bk_ChangeInExcessOfRedeemableValueOverFairValueOfNoncontrollingInterests
Net income applicable to the common shareholders of The Bank of New York Mellon Corporation after required adjustments for the calculation of basic and diluted earnings per common share 2,451bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments [6] 2,002bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments [6] 2,389bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments [6]
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation      
Basic (shares) 1,129,897us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,150,689us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,176,485us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Common stock equivalents (shares) 20,037us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 16,874us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 10,970us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Less: Participating securities (shares) (12,454)us-gaap_WeightedAverageNumberOfSharesRestrictedStock (13,122)us-gaap_WeightedAverageNumberOfSharesRestrictedStock (9,025)us-gaap_WeightedAverageNumberOfSharesRestrictedStock
Diluted (shares) 1,137,480us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,154,441us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,178,430us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Anti-dilutive securities (shares) 43,735us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [8] 75,847us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [8] 91,347us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [8]
Basic:      
Basic (usd per share) $ 2.17us-gaap_EarningsPerShareBasic [6],[9] $ 1.74us-gaap_EarningsPerShareBasic [6],[9] $ 2.03us-gaap_EarningsPerShareBasic [6],[9]
Diluted:      
Diluted (usd per share) $ 2.15us-gaap_EarningsPerShareDiluted [6],[9] $ 1.73us-gaap_EarningsPerShareDiluted [6],[9] $ 2.03us-gaap_EarningsPerShareDiluted [6],[9]
Operations      
Investment services fees:      
Asset servicing 4,075bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
3,905bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
3,780bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Clearing services 1,335us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,264us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,193us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Issuer services 968bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,090bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,052bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Treasury services 564bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
554bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
549bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Total investment services fees 6,942bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
6,813bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
6,574bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Investment management and performance fees 3,492us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
3,395us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
3,174us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Foreign exchange and other trading revenue 570bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
674bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
692bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Distribution and servicing 173bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
180bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
192bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Financing-related fees 169bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
172bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
172bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Investment and other income 1,212bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 481bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 482bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6]
Total fee revenue 12,558bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 11,715bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 11,286bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6]
Net securities gains — including other-than-temporary impairment 92us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
146us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
242us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Noncredit-related portion of other-than-temporary impairment (recognized in other comprehensive income) 1bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
5bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
80bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Net securities gains 91bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
141bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
162bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Total fee and other revenue 12,649us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 11,856us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6] 11,448us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
[6]
Investment Management funds      
Investment services fees:      
Total fee and other revenue 79us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
103us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
113us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Operations of consolidated investment management funds      
Investment income 503bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
548bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
593bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Interest of investment management fund note holders 340us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
365us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
404us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Income from consolidated investment management funds 163us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
183us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
189us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Income      
Net (income) attributable to noncontrolling interests (includes $(84), $(80) and $(76) related to consolidated investment management funds, respectively) $ (84)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
$ (80)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
$ (76)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
[1] Both total fee and other revenue and total revenue include income from consolidated investment management funds of $163 million, net of noncontrolling interests of $84 million, for a net impact of $79 million. Income before taxes is net of noncontrolling interests of $84 million.
[2] Consolidated results and Other segment results have been restated to reflect the retrospective application of adopting new accounting guidance in 2014 related to our investments in qualified affordable housing projects (ASU 2014-01). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[3] Both total fee and other revenue and total revenue include income from consolidated investment management funds of $183 million, net of noncontrolling interests of $80 million, for a net impact of $103 million. Income before taxes is net of noncontrolling interests of $80 million.
[4] Both total fee and other revenue and total revenue include income from consolidated investment management funds of $189 million, net of noncontrolling interests of $76 million, for a net impact of $113 million. Income before taxes is net of noncontrolling interests of $76 million.
[5] Includes the reclassification of intangible assets associated with the Newton Private Clients business from Investment Management to the Other segment.
[6] Results for years ended Dec. 31, 2013 and Dec. 31, 2012 were restated to reflect the retrospective application of adopting new accounting guidance in 2014 related to our investments in qualified affordable housing projects (ASU 2014-01). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[7] Results for 2013 and 2012 were restated to reflect the retrospective application of adopting new accounting guidance in 2014 related to our investments in qualified affordable housing projects (ASU 2014-01). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[8] 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.
[9] Basic and diluted earnings per share under the two-class method are determined on the net income applicable to common shareholders of The Bank of New York Mellon Corporation reported on the income statement less earnings allocated to participating securities, and the change in the excess of redeemable value over the fair value of noncontrolling interests, if applicable.