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Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Fee revenue:        
Servicing fees $ 1,211 $ 1,100 $ 3,587 $ 3,264
Management fees 276 251 816 733
Trading services 256 232 833 767
Securities finance 74 91 283 331
Processing fees and other 66 45 192 187
Total fee revenue 1,883 1,719 5,711 5,282
Net interest revenue:        
Interest revenue 643 730 2,030 2,281
Interest expense 97 111 312 365
Net interest revenue 546 619 1,718 1,916
Gains (losses) related to investment securities, net:        
Net gains (losses) from sales of available-for-sale securities 6 24 11 29
Losses from other-than-temporary impairment (8) (4) (8) (50)
Losses reclassified (from) to other comprehensive income (2) (2) (12) 23
Gains (losses) related to investment securities, net (4) 18 (9) 2
Total revenue 2,425 2,356 7,420 7,200
Provision for loan losses 0 0 0 (1)
Expenses:        
Compensation and employee benefits 903 916 2,855 2,922
Information systems and communications 235 211 707 610
Transaction processing services 185 170 551 523
Occupancy 113 115 343 349
Claims resolution 0 (362) 0 (362)
Acquisition and restructuring costs 30 28 74 86
Professional services 98 89 280 266
Amortization of other intangible assets 53 46 160 145
Other 105 202 376 483
Total expenses 1,722 1,415 5,346 5,022
Income before income tax expense 703 941 2,074 2,179
Income tax expense 163 267 491 588
Net income 540 674 1,583 1,591
Net income available to common shareholders $ 531 $ 654 $ 1,557 $ 1,551
Earnings per common share:        
Basic (per share) $ 1.20 $ 1.39 $ 3.46 $ 3.23
Diluted (per share) $ 1.17 $ 1.36 $ 3.40 $ 3.19
Average common shares outstanding (in thousands):        
Basic (in shares) 442,860 472,355 449,742 479,536
Diluted (in shares) 452,154 480,010 458,392 485,813
Cash dividends declared (in dollars per share) $ 0.26 $ 0.24 $ 0.78 $ 0.72