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Consolidated Statement Of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Fee revenue:        
Servicing fees $ 1,100 $ 1,106 $ 3,264 $ 3,325
Management fees 251 229 733 715
Trading services 232 334 767 947
Securities finance 91 85 331 288
Processing fees and other 45 90 187 252
Total fee revenue 1,719 1,844 5,282 5,527
Net interest revenue:        
Interest revenue 730 728 2,281 2,181
Interest expense 111 150 365 454
Net interest revenue 619 578 1,916 1,727
Gains (Losses) related to investment securities, net:        
Net gains from sales of investment securities 24 15 29 81
Losses from other-than-temporary impairment (4) (25) (50) (104)
Losses not related to credit (2) 15 23 48
Gains (losses) related to investment securities, net 18 5 2 25
Total revenue 2,356 2,427 7,200 7,279
Provision for loan losses 0 0 (1) 1
Expenses:        
Compensation and employee benefits 916 965 2,922 2,948
Information systems and communications 211 191 610 581
Transaction processing services 170 180 523 553
Occupancy 115 119 349 339
Claims resolution (362) 0 (362) 0
Provisions for litigation exposure 60 0 82 0
Acquisition and restructuring costs 28 85 86 121
Professional services 89 83 266 249
Amortization of other intangible assets 46 50 145 149
Other 142 125 401 334
Total expenses 1,415 1,798 5,022 5,274
Income before income tax expense 941 629 2,179 2,004
Income tax expense 267 74 588 465
Net income 674 555 1,591 1,539
Net income available to common shareholders $ 654 $ 543 $ 1,551 $ 1,511
Earnings per common share:        
Basic $ 1.39 $ 1.11 $ 3.23 $ 3.05
Diluted $ 1.36 [1] $ 1.10 [1] $ 3.19 [1] $ 3.03 [1]
Average common shares outstanding (in thousands):        
Basic (in shares) 472,355 490,840 479,536 495,015
Diluted (in shares) 480,010 494,780 485,813 498,417
Cash dividends declared per common share $ 0.24 $ 0.18 $ 0.72 $ 0.54
[1] Calculations reflect allocation of earnings to participating securities using the two-class method, as this computation is more dilutive than the calculation using the treasury stock method.