XML 23 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
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)
Non-interest expenses    
Compensation and benefits 6,274 6,798
Brokerage, clearing and exchange fees 882 910
Information processing and communications 829 733
Professional services 705 624
Occupancy and equipment 427 405
Marketing and business development 175 146
Other 864 857
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 applicable to noncontrolling interests 49 48
Net income applicable to Morgan Stanley 3,666 4,120
Preferred stock dividends 124 138
Earnings applicable to Morgan Stanley common shareholders $ 3,542 $ 3,982
Earnings per common share    
Basic (USD per share) $ 2.04 $ 2.22
Diluted (USD per share) $ 2.02 $ 2.19
Average common shares outstanding    
Basic (shares) 1,733 1,795
Diluted (shares) 1,755 1,818