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Consolidated Statement of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Fee revenue:    
Servicing fees $ 1,238 $ 1,175
Management fees 292 263
Trading services 239 281
Securities finance 85 78
Processing fees and other 70 60
Total fee revenue 1,924 1,857
Net interest revenue:    
Interest revenue 655 687
Interest expense 100 111
Net interest revenue 555 576
Gains (losses) related to investment securities, net:    
Net gains (losses) from sales of available-for-sale securities 15 5
Losses from other-than-temporary impairment (1) 0
Losses reclassified (from) to other comprehensive income (8) (3)
Gains (losses) related to investment securities, net 6 2
Total revenue 2,485 2,435
Provision for loan losses 2 0
Expenses:    
Compensation and employee benefits 1,157 1,035
Information systems and communications 244 237
Transaction processing services 191 180
Occupancy 114 116
Acquisition and restructuring costs 33 14
Professional services 105 79
Amortization of other intangible assets 54 53
Other 130 112
Total expenses 2,028 1,826
Income before income tax expense 455 609
Income tax expense 92 145
Net income 363 464
Net income available to common shareholders $ 356 $ 455
Earnings per common share:    
Basic (in dollars per share) $ 0.83 $ 1.00
Diluted (in dollars per share) $ 0.81 [1] $ 0.98 [1]
Average common shares outstanding    
Basic (in shares) 430,621 454,315
Diluted (in shares) 438,815 462,751
Cash dividends declared (in dollars per share) $ 0.26 $ 0.26
[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.