Consolidated Income Statements (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues
Investment banking	$ 1,634	$ 1,545
Trading	3,770	3,235
Investments	126	165
Commissions and fees	1,173	1,033
Asset management	3,192	2,767
Other	207	229
Total non-interest revenues	10,102	8,974
Interest income	2,860	1,965
Interest expense	1,885	1,194
Net interest	975	771
Net revenues	11,077	9,745
Non-interest expenses
Compensation and benefits	4,914	4,466
Occupancy and equipment	336	327
Brokerage, clearing and exchange fees	627	509
Information processing and communications	478	428
Marketing and business development	140	136
Professional services	510	527
Other	652	544
Total non-interest expenses	7,657	6,937
Income from continuing operations before income taxes	3,420	2,808
Provision for income taxes	714	815
Income from continuing operations	2,706	1,993
Income (loss) from discontinued operations, net of income taxes	(2)	(22)
Net income	2,704	1,971
Net income applicable to noncontrolling interests	36	41
Net income applicable to Morgan Stanley	2,668	1,930
Preferred stock dividends and other	93	90
Earnings applicable to Morgan Stanley common shareholders	$ 2,575	$ 1,840
Earnings per basic common share
Income from continuing operations	$ 1.48	$ 1.03
Income (loss) from discontinued operations	0	(0.01)
Earnings per basic common share	1.48	1.02
Earnings per diluted common share
Income from continuing operations	1.46	1.01
Income (loss) from discontinued operations	(0.01)	(0.01)
Earnings per diluted common share	1.45	1
Dividends declared per common share	$ 0.25	$ 0.2
Average common shares outstanding
Basic	1,740	1,801
Diluted	1,771	1,842