Non-U.S. Activities

We define our non-U.S. activities as those revenue-producing business activities that arise from clients which are generally serviced or managed outside the U.S. Due to the integrated nature of our business, precise segregation of our U.S. and non-U.S. activities is not possible. Subjective estimates, assumptions and other judgments are applied to quantify the financial results and assets related to our non-U.S. activities, including our application of funds transfer pricing, our asset-and-liability management policies and our allocation of certain indirect corporate expenses. Management periodically reviews and updates its processes for quantifying the financial results and assets related to our non-U.S. activities.

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



	Three Months Ended September 30, 2016						Three Months Ended September 30, 2015
(In millions)	Non-U.S.		U.S.		Total		Non-U.S.		U.S.		Total
Total revenue	$	1,117	$	1,503	$	2,620	$	1,088	$	1,526	$	2,614
Income before income taxes	314		322		636		255		392		647

	Nine Months Ended September 30, 2016						Nine Months Ended September 30, 2015
(In millions)	Non-U.S.		U.S.		Total		Non-U.S.		U.S.		Total
Total revenue	$	3,278	$	4,399	$	7,677	$	3,385	$	4,437	$	7,822
Income before income taxes	835		940		1,775		946		672		1,618

Non-U.S. assets were $86.7 billion and $63.3 billion as of September 30, 2016 and 2015, respectively.