XML 58 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement Of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Fee revenue:    
Servicing fees $ 1,175 $ 1,078
Management fees 263 236
Trading services 281 280
Securities finance 78 97
Processing fees and other 60 94
Total fee revenue 1,857 1,785
Net interest revenue:    
Interest revenue 687 765
Interest expense 111 140
Net interest revenue 576 625
Gains (losses) related to investment securities, net:    
Net gains (losses) from sales of available-for-sale securities 5 19
Losses from other-than-temporary impairment 0 (25)
Losses reclassified (from) to other comprehensive income (3) 17
Gains (losses) related to investment securities, net 2 11
Total revenue 2,435 2,421
Provision for loan losses 0 0
Expenses:    
Compensation and employee benefits 1,035 1,064
Information systems and communications 237 191
Transaction processing services 180 181
Occupancy 116 119
Acquisition and restructuring costs 14 21
Professional services 79 81
Amortization of other intangible assets 53 51
Other 112 127
Total expenses 1,826 1,835
Income before income tax expense 609 586
Income tax expense 145 159
Net income 464 427
Net income available to common shareholders $ 455 $ 417
Earnings per common share:    
Basic (per share) $ 1.00 $ 0.86
Diluted (per share) $ 0.98 $ 0.85
Average common shares outstanding (in thousands):    
Basic (in shares) 454,315 484,942
Diluted (in shares) 462,751 490,454
Cash dividends declared per common share $ 0.26 $ 0.24