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Consolidated Statement of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Fee revenue:      
Servicing fees $ 4,819 $ 4,414 $ 4,382
Management fees 1,106 993 917
Trading services 1,061 1,010 1,220
Securities finance 359 405 378
Processing fees and other 245 266 297
Total fee revenue 7,590 7,088 7,194
Net interest revenue:      
Interest revenue 2,714 3,014 2,946
Interest expense 411 476 613
Net interest revenue 2,303 2,538 2,333
Gains (losses) related to investment securities, net:      
Net gains (losses) from sales of available-for-sale securities 14 55 140
Losses from other-than-temporary impairment (21) (53) (123)
Losses reclassified (from) to other comprehensive income (2) 21 50
Gains (losses) related to investment securities, net (9) 23 67
Total revenue 9,884 9,649 9,594
Provision for loan losses 6 (3) 0
Expenses:      
Compensation and employee benefits 3,800 3,837 3,820
Information systems and communications 935 844 776
Transaction processing services 733 702 732
Occupancy 467 470 455
Claims resolution 0 (362) 0
Acquisition and restructuring costs 104 225 269
Professional services 392 381 347
Amortization of other intangible assets 214 198 200
Other 547 591 459
Total expenses 7,192 6,886 7,058
Income before income tax expense 2,686 2,766 2,536
Income tax expense 550 705 616
Net income 2,136 2,061 1,920
Net income available to common shareholders $ 2,102 $ 2,019 $ 1,882
Earnings per common share:      
Basic (in dollars per share) $ 4.71 $ 4.25 $ 3.82
Diluted (in dollars per share) $ 4.62 [1] $ 4.20 [1] $ 3.79 [1]
Average common shares outstanding (in thousands):      
Basic (in shares) 446,245 474,458 492,598
Diluted (in shares) 455,155 481,129 496,072
Cash dividends declared (in dollars per share) $ 1.04 $ 0.96 $ 0.72
[1] Calculations reflect allocation of earnings to participating securities using the two-class method, as this computation is more dilutive than the treasury stock method.