XML 41 R98.htm IDEA: XBRL DOCUMENT v3.20.1
REVENUES, Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Sep. 30, 2019
Disaggregation of Revenue [Line Items]          
Principal transactions $ 105 $ 93 $ 202 $ 169  
Noninterest Income 1,826 1,610 3,589 3,298  
All other (27) 17 (16) 35  
Interest income 285 324 582 640  
Total revenues 2,111 1,934 4,171 3,938  
Interest expense (43) (75) (94) (148)  
Net revenues 2,068 1,859 4,077 3,790  
Receivables related to contracts with customers 319   319   $ 347
Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1,006 783 1,961 1,648  
Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income 515 442 975 906  
Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 410 349 773 737  
Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 166 148 314 308  
Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 99 99 200 203  
Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 145 102 259 226  
Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 172 191 350 376  
Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 88 78 178 159  
RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 51 79 109 148  
Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 33 34 63 69  
Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 148 163 289 300  
Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 54 25 104 60  
Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 72 121 132 206  
Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 22 17 53 34  
Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income (15) 31 14 68  
Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 12 14 30 33  
Operating segments | Private Client Group          
Disaggregation of Revenue [Line Items]          
Principal transactions 17 20 34 39  
Noninterest Income 1,457 1,224 2,830 2,534  
All other 7 9 16 16  
Interest income 45 58 94 114  
Total revenues 1,502 1,282 2,924 2,648  
Interest expense (7) (11) (15) (21)  
Net revenues 1,495 1,271 2,909 2,627  
Operating segments | Private Client Group | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 833 638 1,615 1,345  
Operating segments | Private Client Group | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income 384 338 731 702  
Operating segments | Private Client Group | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 367 318 697 663  
Operating segments | Private Client Group | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 163 145 307 302  
Operating segments | Private Client Group | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 99 99 200 203  
Operating segments | Private Client Group | Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 105 74 190 158  
Operating segments | Private Client Group | Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 222 231 446 456  
Operating segments | Private Client Group | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 88 82 178 165  
Operating segments | Private Client Group | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 99 122 204 231  
Operating segments | Private Client Group | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 35 27 64 60  
Operating segments | Private Client Group | Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 11 8 22 15  
Operating segments | Private Client Group | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 11 8 22 15  
Operating segments | Private Client Group | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Private Client Group | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Private Client Group | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income 7 9 16 16  
Operating segments | Private Client Group | Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets          
Disaggregation of Revenue [Line Items]          
Principal transactions 89 72 171 129  
Noninterest Income 286 276 552 527  
All other 4 0 4 2  
Interest income 10 9 18 19  
Total revenues 296 285 570 546  
Interest expense (6) (8) (12) (16)  
Net revenues 290 277 558 530  
Operating segments | Capital Markets | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1 1 3 3  
Operating segments | Capital Markets | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income 130 103 245 202  
Operating segments | Capital Markets | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 41 31 74 73  
Operating segments | Capital Markets | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1 1 4 3  
Operating segments | Capital Markets | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets | Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 40 30 70 70  
Operating segments | Capital Markets | Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 2 3 2  
Operating segments | Capital Markets | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 2 3 2  
Operating segments | Capital Markets | Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 137 156 267 285  
Operating segments | Capital Markets | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 43 18 82 45  
Operating segments | Capital Markets | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 72 121 132 206  
Operating segments | Capital Markets | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 22 17 53 34  
Operating segments | Capital Markets | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income 16 14 34 35  
Operating segments | Capital Markets | Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 12 14 30 33  
Operating segments | Asset Management          
Disaggregation of Revenue [Line Items]          
Principal transactions 0 0 0 0  
Noninterest Income 184 161 367 334  
All other 1 0 1 0  
Interest income 0 1 1 2  
Total revenues 184 162 368 336  
Interest expense 0 0 0 0  
Net revenues 184 162 368 336  
Operating segments | Asset Management | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 177 149 353 310  
Operating segments | Asset Management | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income 2 2 4 5  
Operating segments | Asset Management | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 2 4 5  
Operating segments | Asset Management | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 2 4 5  
Operating segments | Asset Management | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 4 10 9 19  
Operating segments | Asset Management | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 1 1 2  
Operating segments | Asset Management | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 1 0 2  
Operating segments | Asset Management | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 4 8 8 15  
Operating segments | Asset Management | Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income 1 0 1 0  
Operating segments | Asset Management | Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank          
Disaggregation of Revenue [Line Items]          
Principal transactions 0 0 0 1  
Noninterest Income 5 7 11 13  
All other 5 7 11 12  
Interest income 223 247 454 486  
Total revenues 228 254 465 499  
Interest expense (18) (42) (39) (84)  
Net revenues 210 212 426 415  
Operating segments | RJ Bank | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income 0 0 0 1  
Operating segments | RJ Bank | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | RJ Bank | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income 5 7 11 12  
Operating segments | RJ Bank | Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Other and intersegment eliminations          
Disaggregation of Revenue [Line Items]          
Net revenues (44) 0 (52) 2  
Other and intersegment eliminations | Other and intersegment eliminations          
Disaggregation of Revenue [Line Items]          
Principal transactions (1) 1 (3) 0  
Noninterest Income (106) (58) (171) (110)  
All other (44) 1 (48) 5  
Interest income 7 9 15 19  
Total revenues (99) (49) (156) (91)  
Interest expense (12) (14) (28) (27)  
Net revenues (111) (63) (184) (118)  
Other and intersegment eliminations | Other and intersegment eliminations | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (5) (5) (10) (10)  
Other and intersegment eliminations | Other and intersegment eliminations | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Noninterest Income (1) (1) (5) (4)  
Other and intersegment eliminations | Other and intersegment eliminations | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 (2) (2) (4)  
Other and intersegment eliminations | Other and intersegment eliminations | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 (1) (2)  
Other and intersegment eliminations | Other and intersegment eliminations | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Other and intersegment eliminations | Equities, ETFs and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 (2) (1) (2)  
Other and intersegment eliminations | Other and intersegment eliminations | Total account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (56) (52) (108) (101)  
Other and intersegment eliminations | Other and intersegment eliminations | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 (5) (1) (8)  
Other and intersegment eliminations | Other and intersegment eliminations | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (48) (44) (95) (85)  
Other and intersegment eliminations | Other and intersegment eliminations | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (8) (3) (12) (8)  
Other and intersegment eliminations | Other and intersegment eliminations | Total investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 (1) 0 0  
Other and intersegment eliminations | Other and intersegment eliminations | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 (1) 0 0  
Other and intersegment eliminations | Other and intersegment eliminations | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Other and intersegment eliminations | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Other and intersegment eliminations | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest Income (44) 1 (48) 5  
Other and intersegment eliminations | Other and intersegment eliminations | Tax credit fund revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer $ 0 $ 0 $ 0 $ 0