XML 96 R54.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Results of Businesses
Table 99: Results of Businesses
Year ended December 31
In millions
 
Retail
Banking

 
Corporate &
Institutional
Banking

 
Asset
Management
Group

 
BlackRock

 
Other

 
Consolidated (a)

2019
 
 
 
 
 
 
 
 
 
 
 
 
Income Statement
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
 
$
5,520

 
$
3,637

 
$
288

 
 
 
$
520

 
$
9,965

Noninterest income
 
2,648

 
2,537

 
991

 
$
999

 
687

 
7,862

Total revenue
 
8,168

 
6,174

 
1,279

 
999

 
1,207

 
17,827

Provision for credit losses (benefit)
 
517

 
284

 
(1
)
 
 
 
(27
)
 
773

Depreciation and amortization
 
230

 
198

 
62

 
 
 
545

 
1,035

Other noninterest expense
 
5,831

 
2,615

 
877

 
 

 
216

 
9,539

Income (loss) before income taxes (benefit) and
noncontrolling interests
 
1,590

 
3,077

 
341

 
999

 
473

 
6,480

Income taxes (benefit)
 
377

 
629

 
79

 
161

 
(184
)
 
1,062

Net income
 
$
1,213

 
$
2,448

 
$
262

 
$
838

 
$
657

 
$
5,418

Average Assets (b)
 
$
92,959

 
$
164,243

 
$
7,360

 
$
8,558

 
$
127,215

 
$
400,335

2018
 
 
 
 
 
 
 
 
 
 
 
 
Income Statement
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
 
$
5,119

 
$
3,551

 
$
287

 
 
 
$
764

 
$
9,721

Noninterest income
 
2,631

 
2,406

 
892

 
$
935

 
547

 
7,411

Total revenue
 
7,750

 
5,957

 
1,179

 
935

 
1,311

 
17,132

Provision for credit losses (benefit)
 
373

 
85

 
2

 
 
 
(52
)
 
408

Depreciation and amortization
 
206

 
186

 
52

 
 
 
496

 
940

Other noninterest expense
 
5,772

 
2,520

 
861

 
 

 
203

 
9,356

Income (loss) before income taxes (benefit) and
noncontrolling interests
 
1,399

 
3,166

 
264

 
935

 
664

 
6,428

Income taxes (benefit)
 
335

 
658

 
62

 
154

 
(127
)
 
1,082

Net income
 
$
1,064

 
$
2,508

 
$
202

 
$
781

 
$
791

 
$
5,346

Average Assets (b)
 
$
89,739

 
$
154,119

 
$
7,423

 
$
8,061

 
$
118,893

 
$
378,235

2017
 
 
 
 
 
 
 
 
 
 
 
 
Income Statement
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
 
$
4,625

 
$
3,396

 
$
287

 
 
 
$
800

 
$
9,108

Noninterest income
 
2,236

 
2,271

 
881

 
$
1,078

 
755

 
7,221

Total revenue
 
6,861

 
5,667

 
1,168

 
1,078

 
1,555

 
16,329

Provision for credit losses (benefit)
 
347

 
160

 
1

 
 
 
(67
)
 
441

Depreciation and amortization
 
177

 
184

 
50

 
 
 
510

 
921

Other noninterest expense
 
5,569

 
2,370

 
855

 
 

 
683

 
9,477

Income (loss) before income taxes (benefit) and
    noncontrolling interests
 
768

 
2,953

 
262

 
1,078

 
429

 
5,490

Income taxes (benefit)
 
321

 
520

 
75

 
(686
)
 
(128
)
 
102

Net income
 
$
447

 
$
2,433

 
$
187

 
$
1,764

 
$
557

 
$
5,388

Average Assets (b)
 
$
88,663

 
$
148,414

 
$
7,511

 
$
7,677

 
$
119,504

 
$
371,769

(a)
There were no material intersegment revenues for 2019, 2018 and 2017.
(b)
Period-end balances for BlackRock.