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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Fee revenue:        
Servicing fees $ 1,294 $ 1,302 $ 3,892 $ 3,828
Management fees 287 316 892 908
Trading services 294 278 899 791
Securities finance 113 99 369 331
Processing fees and other 120 17 198 117
Total fee revenue 2,108 2,012 6,250 5,975
Net interest revenue:        
Interest revenue 614 671 1,885 1,976
Interest expense 101 101 291 290
Net interest revenue 513 570 1,594 1,686
Gains (losses) related to investment securities, net:        
Net gains (losses) from sales of available-for-sale securities (2) 0 (5) 15
Losses from other-than-temporary impairment 0 0 (1) (1)
Losses reclassified (from) to other comprehensive income 0 0 0 (10)
Gains (losses) related to investment securities, net (2) 0 (6) 4
Total revenue 2,619 2,582 7,838 7,665
Provision for loan losses 5 2 11 6
Expenses:        
Compensation and employee benefits 1,051 953 3,122 3,088
Information systems and communications 265 242 761 730
Transaction processing services 201 199 599 583
Occupancy 110 119 332 348
Acquisition and restructuring costs 10 20 19 81
Professional services 136 97 368 318
Amortization of other intangible assets 48 54 147 162
Other 141 208 845 460
Total expenses 1,962 1,892 6,193 5,770
Income before income tax expense 652 688 1,634 1,889
Income tax expense 68 128 219 344
Net Income (Loss) Attributable to Noncontrolling Interest 1 0 1 0
Net income 585 560 1,416 1,545
Net income available to common shareholders $ 543 $ 542 $ 1,313 $ 1,500
Earnings per common share:        
Basic (in dollars per share) $ 1.34 $ 1.28 $ 3.20 $ 3.52
Diluted (in dollars per share) $ 1.32 $ 1.26 $ 3.16 $ 3.45
Average common shares outstanding (in thousands):        
Basic (in shares) 406,612 421,974 409,816 426,775
Diluted (in shares) 412,167 429,736 415,772 434,510
Cash dividends declared (in dollars per share) $ 0.34 $ 0.3 $ 0.98 $ 0.86