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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Prior Period Adjustments
The table below shows the effect of the errors on our consolidated statement of income and our consolidated statement of condition for the periods presented.
 
Year Ended December 31, 2014
 
Year Ended December 31, 2013
(In millions, except per share amounts)
Previously Reported
Correction
Revised
 
Previously Reported
Correction
Revised
Servicing fee revenue
$
5,129

$
(21
)
$
5,108

 
$
4,819

$
(20
)
$
4,799

Total revenue
10,295

(21
)
10,274

 
9,884

(20
)
9,864

Income before income tax expense
2,458

(21
)
2,437

 
2,686

(20
)
2,666

Income tax expense
421

(6
)
415

 
550

66

616

Net income
2,037

(15
)
2,022

 
2,136

(86
)
2,050

Earnings per share:
 
 
 
 
 
 
 
Basic
$
4.65

$
(0.03
)
$
4.62

 
$
4.71

$
(0.19
)
$
4.52

Diluted
4.57

(0.04
)
4.53

 
4.62

(0.19
)
4.43

 
December 31, 2014
(In millions, except per share amounts)
Previously Reported
Correction
Revised
Total assets
$
274,119

$

$
274,119

Total liabilities
252,646

145

252,791

Retained earnings
14,882

(145
)
14,737

Total equity
21,473

(145
)
21,328

Total liabilities and shareholders' equity
274,119


274,119