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INTEREST INCOME AND INTEREST EXPENSE (Details) - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Interest income:      
Assets segregated pursuant to regulations $ 28 $ 59 $ 53
Trading instruments 20 26 23
Available-for-sale securities 83 69 52
Margin loans 84 122 107
Bank loans, net of unearned income and deferred expenses 702 871 722
Loans to financial advisors 20 18 15
Corporate cash and all other 63 116 72
Total interest income 1,000 1,281 1,044
Interest expense:      
Bank deposits 41 132 66
Trading instruments sold but not yet purchased 3 7 7
Brokerage client payables 11 21 15
Other borrowings 20 21 22
Senior notes payable 85 73 73
Other 18 29 19
Total interest expense 178 283 202
Net interest income 822 998 842
Bank loan loss provision (233) (22) (20)
Net interest income after bank loan loss provision $ 589 $ 976 $ 822