Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Results of Businesses

Table 73: Results of Businesses

Three months ended June 30 In millions	Retail Banking		Corporate & Institutional Banking		Asset Management Group			BlackRock		Other			Consolidated (a)
2018
Income Statement
Net interest income	$	1,277	$	877	$	72				$	187		$	2,413
Noninterest income	678		635		222			$	232	144			1,911
Total revenue	1,955		1,512		294			232		331			4,324
Provision for credit losses (benefit)	72		15		7					(14		)	80
Depreciation and amortization	47		45		13					132			237
Other noninterest expense	1,403		594		210					140			2,347
Income before income taxes and noncontrolling interests	433		858		64			232		73			1,660
Income taxes (benefit)	103		183		15			37		(34		)	304
Net income	$	330	$	675	$	49		$	195	$	107		$	1,356
Average Assets (b)	$	89,021	$	153,619	$	7,469		$	7,811	$	117,707		$	375,627
2017
Income Statement
Net interest income	$	1,139	$	853	$	73				$	193		$	2,258
Noninterest income	645		588		217			$	186	166			1,802
Total revenue	1,784		1,441		290			186		359			4,060
Provision for credit losses (benefit)	50		87		(7		)			(32		)	98
Depreciation and amortization	47		54		14					128			243
Other noninterest expense	1,323		548		201					164			2,236
Income before income taxes and noncontrolling interests	364		752		82			186		99			1,483
Income taxes (benefit)	134		234		30			42		(54		)	386
Net income	$	230	$	518	$	52		$	144	$	153		$	1,097
Average Assets (b)	$	88,671	$	148,267	$	7,516		$	7,132	$	118,716		$	370,302
Six months ended June 30 In millions	Retail Banking		Corporate & Institutional Banking		Asset Management Group			BlackRock		Other			Consolidated (a)
2018
Income Statement
Net interest income	$	2,495	$	1,738	$	146				$	395		$	4,774
Noninterest income	1,313		1,182		448			$	467	251			3,661
Total revenue	3,808		2,920		594			467		646			8,435
Provision for credit losses (benefit)	141		56							(25		)	172
Depreciation and amortization	92		93		25					260			470
Other noninterest expense	2,753		1,172		416					300			4,641
Income before income taxes and noncontrolling interests	822		1,599		153			467		111			3,152
Income taxes (benefit)	196		340		36			75		(90		)	557
Net income	$	626	$	1,259	$	117		$	392	$	201		$	2,595
Average Assets (b)	$	88,879	$	152,769	$	7,484		$	7,811	$	119,006		$	375,949
2017
Income Statement
Net interest income	$	2,259	$	1,655	$	144				$	360		$	4,418
Noninterest income	1,248		1,112		435			$	372	359			3,526
Total revenue	3,507		2,767		579			372		719			7,944
Provision for credit losses (benefit)	121		112		(9		)			(38		)	186
Depreciation and amortization	89		90		25					253			457
Other noninterest expense	2,596		1,096		407					325			4,424
Income before income taxes and noncontrolling interests	701		1,469		156			372		179			2,877
Income taxes (benefit)	258		467		57			83		(159		)	706
Net income	$	443	$	1,002	$	99		$	289	$	338		$	2,171
Average Assets (b)	$	88,559	$	145,445	$	7,517		$	7,132	$	119,717		$	368,370

(a) There were no material intersegment revenues for the three and six months ended June 30, 2018 and 2017.

(b) Period-end balances for BlackRock.