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SEGMENT INFORMATION (Tables)
12 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following tables present information concerning operations in these segments.
Year ended September 30,
$ in millions202020192018
Net revenues:
Private Client Group
$5,552 $5,359 $5,093 
Capital Markets
1,291 1,083 964 
Asset Management
715 691 654 
RJ Bank
765 846 727 
Other
(82)(15)
Intersegment eliminations
(251)(244)(149)
Total net revenues$7,990 $7,740 $7,274 
Pre-tax income/(loss):
Private Client Group
$539 $579 $576 
Capital Markets (1)
225 110 91 
Asset Management
284 253 235 
RJ Bank
196 515 492 
Other (2)
(192)(82)(83)
Total pre-tax income
$1,052 $1,375 $1,311 

(1)    The year ended September 30, 2020 includes a $7 million loss related to the pending disposition of our interests in certain entities that operate predominantly in France. The year ended September 30, 2019 includes a $15 million loss on the sale of our operations related to research, sales and trading of European equities, as well as a $19 million goodwill impairment charge related to our Canadian Capital Markets business.
(2)    The year ended September 30, 2020 includes reduction in workforce expenses of $46 million associated with position eliminations that occurred in our fiscal fourth quarter of 2020 in response to the economic environment. These expenses primarily consist of severance and related payroll expenses, as well as expenses related to company-paid benefits.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following tables present information concerning operations in these segments.
Year ended September 30,
$ in millions202020192018
Net revenues:
Private Client Group
$5,552 $5,359 $5,093 
Capital Markets
1,291 1,083 964 
Asset Management
715 691 654 
RJ Bank
765 846 727 
Other
(82)(15)
Intersegment eliminations
(251)(244)(149)
Total net revenues$7,990 $7,740 $7,274 
Pre-tax income/(loss):
Private Client Group
$539 $579 $576 
Capital Markets (1)
225 110 91 
Asset Management
284 253 235 
RJ Bank
196 515 492 
Other (2)
(192)(82)(83)
Total pre-tax income
$1,052 $1,375 $1,311 

(1)    The year ended September 30, 2020 includes a $7 million loss related to the pending disposition of our interests in certain entities that operate predominantly in France. The year ended September 30, 2019 includes a $15 million loss on the sale of our operations related to research, sales and trading of European equities, as well as a $19 million goodwill impairment charge related to our Canadian Capital Markets business.
(2)    The year ended September 30, 2020 includes reduction in workforce expenses of $46 million associated with position eliminations that occurred in our fiscal fourth quarter of 2020 in response to the economic environment. These expenses primarily consist of severance and related payroll expenses, as well as expenses related to company-paid benefits.
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated
The following table presents our net income on a segment basis.
Year ended September 30,
$ in millions202020192018
Net interest income/(expense):
Private Client Group
$132 $183 $165 
Capital Markets
9 
Asset Management
1 
RJ Bank
738 820 704 
Other and intersegment eliminations
(58)(12)(33)
Net interest income$822 $998 $842 
The following table presents goodwill, which was included in our total assets, on a segment basis.
September 30,
$ in millions20202019
Goodwill: 
Private Client Group$277 $275 
Capital Markets120 120 
Asset Management69 69 
Total$466 $464 
The following table presents goodwill, which was included in our total assets, classified by major geographic area in which it was held.
September 30,
$ in millions20202019
Goodwill: 
U.S.$433 $433 
Canada24 23 
Europe9 
Total$466 $464 
Reconciliation of Assets from Segment to Consolidated
The following table presents our total assets on a segment basis.
September 30,
$ in millions20202019
Total assets:
Private Client Group
$12,574 $9,042 
Capital Markets
2,336 2,287 
Asset Management
380 401 
RJ Bank
30,356 25,516 
Other1,836 1,584 
Total$47,482 $38,830 
Revenues, Income Before Provision for Income Taxes and Excluding Noncontrolling Interests, and Total Assets, Classified by Major Geographic Areas The following table presents our net revenues and pre-tax income classified by major geographic area in which they were earned.
 Year ended September 30,
$ in millions202020192018
Net revenues:  
U.S.$7,446 $7,211 $6,754 
Canada386 391 381 
Europe158 138 139 
Total$7,990 $7,740 $7,274 
Pre-tax income/(loss):
  
U.S.$1,028 $1,356 $1,269 
Canada29 29 47 
Europe (1)
(5)(10)(5)
Total$1,052 $1,375 $1,311 

(1)    The pre-tax loss in Europe for the year ended September 30, 2020 reflects a $7 million loss related to the pending disposition of our interests in certain entities that operate predominantly in France. The pre-tax loss in Europe for the year ended September 30, 2019 reflects a $15 million loss on the sale of our operations related to research, sales and trading of European equities. These losses were recorded in our Capital Markets segment.

The following table presents our total assets by major geographic area in which they were held.
September 30,
$ in millions20202019
Total assets: 
U.S.$44,090 $35,978 
Canada3,260 2,754 
Europe132 98 
Total$47,482 $38,830