Non-U.S. Activities (Tables)

9 Months Ended

Sep. 30, 2014

Segments, Geographical Areas [Abstract]

Schedule of Results from Non-U.S. Operations

The following table presents our non-U.S. financial results for the periods indicated.

	Three Months Ended September 30,
(In millions)	2014		2013
Total fee revenue	$	862	$	771
Net interest revenue	325		306
Gains (losses) related to investment securities, net	1		(2		)
Total revenue	1,188		1,075
Expenses	791		786
Income before income taxes	397		289
Income tax expense	96		74
Net income	$	301	$	215

	Nine Months Ended September 30,
(In millions)	2014		2013
Total fee revenue	$	2,488	$	2,347
Net interest revenue	991		874
Gains (losses) related to investment securities, net	6		(12		)
Total revenue	3,485		3,209
Expenses	2,443		2,279
Income before income taxes	1,042		930
Income tax expense	248		228
Net income	$	794	$	702

Summary of Non-U.S. Assets

The following table presents the significant components of our non-U.S. assets as of the dates indicated, based on the domicile of the underlying counterparties:

(In millions)	September 30, 2014		December 31, 2013
Interest-bearing deposits with banks	$	9,828	$	9,584
Investment securities	30,791		31,522
Other assets	17,326		16,778
Total non-U.S. assets	$	57,945	$	57,884