XML 141 R120.htm IDEA: XBRL DOCUMENT v3.22.1
Segment, Geographic and Revenue Information - Selected Financial Information by Business Segment (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information    
Investment banking $ 1,758 $ 2,840
Trading 3,983 4,225
Investments 75 318
Commissions and fees 1,416 1,626
Asset management 5,119 4,398
Other 234 284
Total non-interest revenues 12,585 13,691
Interest income 2,650 2,437
Interest expense 434 409
Net interest 2,216 2,028
Net revenues 14,801 15,719
Provision for credit losses 57 (98)
Compensation and benefits 6,274 6,798
Non-compensation expenses 3,882 3,675
Total non-interest expenses 10,156 10,473
Income before provision for income taxes 4,588 5,344
Provision for income taxes 873 1,176
Net income 3,715 4,168
Net income (loss) applicable to noncontrolling interests 49 48
Net income applicable to Morgan Stanley 3,666 4,120
I/E    
Segment Reporting Information    
Investment banking (19) (24)
Trading 18 23
Investments 0 0
Commissions and fees (81) (95)
Asset management (42) (35)
Other (3) (3)
Total non-interest revenues (127) (134)
Interest income (56) (27)
Interest expense (57) (30)
Net interest 1 3
Net revenues (126) (131)
Provision for credit losses 0 0
Compensation and benefits 0 0
Non-compensation expenses (126) (134)
Total non-interest expenses (126) (134)
Income before provision for income taxes 0 3
Provision for income taxes 0 1
Net income 0 2
Net income (loss) applicable to noncontrolling interests 0 0
Net income applicable to Morgan Stanley 0 2
IS | Operating Segments    
Segment Reporting Information    
Investment banking 1,634 2,613
Trading 4,205 4,073
Investments 99 86
Commissions and fees 774 870
Asset management 147 139
Other 117 158
Total non-interest revenues 6,976 7,939
Interest income 1,062 970
Interest expense 381 332
Net interest 681 638
Net revenues 7,657 8,577
Provision for credit losses 44 (93)
Compensation and benefits 2,604 3,114
Non-compensation expenses 2,222 2,185
Total non-interest expenses 4,826 5,299
Income before provision for income taxes 2,787 3,371
Provision for income taxes 535 736
Net income 2,252 2,635
Net income (loss) applicable to noncontrolling interests 61 34
Net income applicable to Morgan Stanley 2,191 2,601
WM | Operating Segments    
Segment Reporting Information    
Investment banking 143 251
Trading (231) 126
Investments 12 2
Commissions and fees 723 851
Asset management 3,626 3,191
Other 122 153
Total non-interest revenues 4,395 4,574
Interest income 1,637 1,486
Interest expense 97 101
Net interest 1,540 1,385
Net revenues 5,935 5,959
Provision for credit losses 13 (5)
Compensation and benefits 3,125 3,170
Non-compensation expenses 1,224 1,194
Total non-interest expenses 4,349 4,364
Income before provision for income taxes 1,573 1,600
Provision for income taxes 301 358
Net income 1,272 1,242
Net income (loss) applicable to noncontrolling interests 0 0
Net income applicable to Morgan Stanley 1,272 1,242
IM | Operating Segments    
Segment Reporting Information    
Investment banking 0 0
Trading (9) 3
Investments (36) 230
Commissions and fees 0 0
Asset management 1,388 1,103
Other (2) (24)
Total non-interest revenues 1,341 1,312
Interest income 7 8
Interest expense 13 6
Net interest (6) 2
Net revenues 1,335 1,314
Provision for credit losses 0 0
Compensation and benefits 545 514
Non-compensation expenses 562 430
Total non-interest expenses 1,107 944
Income before provision for income taxes 228 370
Provision for income taxes 37 81
Net income 191 289
Net income (loss) applicable to noncontrolling interests (12) 14
Net income applicable to Morgan Stanley $ 203 $ 275