Acquisition and Restructuring Costs (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Acquisition and Restructuring Costs

The following table presents acquisition and restructuring costs incurred in the periods indicated:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2012		2011		2012		2011
Acquisition costs	$	13	$	19	$	41	$	46
Restructuring charges, net	15		66		45		75
Total acquisition and restructuring costs	$	28	$	85	$	86	$	121

The following table presents aggregate activity associated with accruals that resulted from the charges associated with the Business Operations and Information Technology Transformation program and expense control measures, in the nine months ended September 30, 2012:



(In millions)	Employee- Related Costs			Real Estate Consolidation			Information Technology Costs			Fixed-Income Trading Portfolio			Asset and Other Write-Offs			Total
Balance at December 31, 2011	$	162		$	39		$	33		$	38		$	15		$	287
Accruals for Business Operations and Information Technology Transformation program	21			7			20			—			—			48
Net accruals for expense control measures	1			—			—			(9		)	5			(3		)
Payments and adjustments	(101		)	(6		)	(36		)	(29		)	(6		)	(178		)
Balance at September 30, 2012	$	83		$	40		$	17		$	—		$	14		$	154

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details